RealityTrader Trading Log

Thursday, January 31, 2008

January 31 2008

Session Time: Thu Jan 31 00:00:00 2008

[08:04] {hawkfan4} good morning
[08:04] {Threei}
12 morning hawk
[08:05] {hawkfan4} Vad :)
[08:07] {Threei}
12 just in case you areinterested for some reason:
[08:07] {Threei}
[08:07] {hawkfan4} whew, i was hoping they would {g}
[08:08] {Threei}
12 yeah, that's relief
[08:09] {Threei}
[08:09] {Threei}
[08:09] {Threei}
[08:09] {Threei}
-Memorandum of understanding for the supply of between 200 MW and 700 MW of solar power systems that are scheduled for deployment in utility scale solar power projects under development in the southwestern region of the United States
[08:10] {Threei}
12 -Agreement is not expected to contribute revenues until 2009 and is dependant on the renewal of the federal investment tax credit (ITC) extending into 2009 and beyond.
[08:11] {hawkfan4} been scalping the QID more the past few days, it's been pretty reliable, especially right off the open and off extreme moves
[08:11] {Threei}
12 cool beans
[08:11] {Threei}
12 observing of particular vehicle often gives this feeling
[08:12] {Threei}
12 knowing of its manner to move
[08:13] {Threei}
12 one thing to keep in mind about this one
[08:13] {hawkfan4} for sure, and it's easier to handle than the futures
[08:14] {Threei}
12 from what I understand your current approach to it is based on the following:
[08:15] {Threei}
12 generally it does move in a trending manner, however it tends to give nice opportunities when shakes trend followers by countertrend move that goes beyond what seems reasonable
[08:15] {Threei}
12 and jumps back after it gets rid of those buying breakouts/breakdowns
[08:16] {Threei}
12 While this is valid approach under current market conditions, it works because we are having somewhat unusually wide ranges
[08:16] {Threei}
12 and may become much tougher when market comes back to more "normal"
[08:16] {Threei}
12 (providing there is such thing as normal
[08:17] {Threei}
12 just something to keep in mind, not to get caught into situation when market changes while a trader still pushes for what he got used to
[08:18] {hawkfan4} more normal than this market would be nice, but i do understand what you're saying. use it while works then move on
[08:18] {Threei}
12 yup
[08:18] {Threei}
12 or simply adjust your expectations
[08:19] {Threei}
12 the thing is, futures (whose move QID reflects) always were a stop-gunning machine
[08:19] {Threei}
12 so this idea will still have its place, just for probably narrower moves
[08:20] {Threei}
12 on the opther hand, when market is back to norm, we will see momo return, and you will be attracted to those
[08:20] {Threei}
12 this QID thingy is more like fallback option
[08:21] {Threei}
12 something you go to when more attractive things stop working for a while
[08:21] {Threei}
12 but it's a skill nice to have, provides better bottom line
[08:22] {hawkfan4} yes, it's something i haven't used before, and for 2 weeks now i've been 100% scalping and it's been great.
[08:22] {hawkfan4} i've seen the light...
[08:22] {Threei}
12 if you observe things like RIMM or APPL for a while, you'll find similar ideas in them
[08:22] {Threei}
12 hehe... light is good, as long as it's not a train
[08:23] {hawkfan4} lol, i saw that light the first 2 weeks of january :)
[08:23] {Threei}
12 adjustment period when market changes...
[08:23] {Threei}
12 rather normal
[08:27] {hawkfan4} I just started trading full time in September, so i;ve been adjusting as i go. Really learning to appreciate keeping the account swings down to a minimum. Slow and steady and i sleep better
[08:28] {Threei}
12 that's the idea
[08:28] {Threei}
12 excitment has its place after market closes
[08:28] {Threei}
12 in other areas of life
[08:30] {hawkfan4} seriously!
[08:30] {Threei}
[08:30] {Threei}
12 die CAD
[08:31] {Threei}
- Prior Jobless Claims revised from 301K to 306K
[08:31] {Threei}
12 - Prior Continuing Claims revised from 2.672M to 2.669M
[08:31] {Threei}
- Prior Personal Spending revised from 1.1% to 1.0%
[08:37] {magoo} morning
[08:37] {Threei}
12 magoo :)
[08:43] {magoo} amzn pounded
[08:44] {magoo} last night it dreopped to 64..11 points..then ran to 76
[08:44] {magoo} now look
[08:48] {magoo} hello?
[08:50] {hawkfan4} hello? :)
[08:57] {cosmo} CDNS
[08:58] {Threei}
12 several donwgrades
[09:00] {cosmo} ...after missing and warning...
[09:03] {dptl} good morning all
[09:04] {Threei}
12 dp :)
[09:04] {Threei}
12 mags... lookie here:
[09:04] {Threei}
[09:04] {magoo} hmmmmmmmmmmmm
[09:05] {Threei}
12 yeah, my thoughts too
[09:05] {cosmo} EMKR: Enters Into a Multi-Year Agreement to Supply Solar Concentrator Photovoltaic Systems for Utility Scale Power Projects in the Southwestern US
[09:05] {cosmo} PR Newswire (Thu 8:00am)
[09:05] {Threei}
12 I'd say, fgot ahead Stifel and buy it
[09:05] {Threei}
12 full text earlier cosmo... there is one additional item in it that is not so rosy
[09:06] {cosmo} oh
[09:06] {Threei}
12 [08:10] {Threei} -Agreement is not expected to contribute revenues until 2009 and is dependant on the renewal of the federal investment tax credit (ITC) extending into 2009 and beyond.
[09:06] {esemde} good morning rt's
[09:06] {Threei}
12 ese :)
[09:08] {esemde} anything with potential this morning.....
[09:09] {cosmo} batteries?
[09:09] {magoo} shorting bounces probably the strategy of day
[09:10] {magoo} scalping for sure
[09:10] {esemde} tks mags......batteries works.....
[09:11] {magoo} boy es..when u announce your leaving room...u really get out quick : )
[09:11] {magoo} as i type "wait" u already gone on several occassions
[09:12] {Threei}
12 and guess what magoo wants you to wait for
[09:12] {esemde} what....
[09:12] {magoo} so with all that in mind ES..................
[09:13] * magoo slaps esemde around a bit with a large trout
[09:13] {Threei}
12 there
[09:13] {esemde} ahhhh good waker upper....
[09:18] {cosmo} ... would that be the red pill?
[09:19] {dino} gm all, looks like a fun one today
[09:19] {Threei}
12 dino :)
[09:20] {esemde} why yes it would cos............why do you ask......
[09:20] {esemde} dino
[09:20] {cosmo} i forgot, after all these years..
[09:22] {dino} gm es
[09:22] {esemde} yellow one takes away the one the violent illusions...purple one take s away drool from the saide of my mouth....remember
[09:23] {cosmo} ah...purple
[09:23] {esemde} Jimi Hendrix purple Haze version.....
[09:24] {cosmo} you gotta be careful with that stuff...
[09:24] {esemde} indeed
[09:24] {esemde} markets looking like a purple haze
[09:25] {esemde} don't know what to look at
[09:25] {cosmo} wind effects
[09:25] {Threei}
12 my bias is down but I am careful somewhat after yesterday with this
[09:26] {Threei}
12 still not sure I understand what played out yesterday, it just had to be down, lol
[09:27] {cosmo} AMZN 68.7'ish high pre mkt
[09:27] {cosmo} fwiw
[09:28] {dino} i will wait and go long panic
[09:28] {esemde} noticed you were talking EMKR earlier any more thoughts there
[09:29] {cosmo} fewer thoughts...
[09:29] {Threei}
12 let's let the chart tell us
[09:30] {dino} "easy" button
[09:30] {bruce} morning all
[09:30] {bruce} just in for few mins today
[09:30] * bruce slaps magoo around a bit with a large trout
[09:30] {bruce} get you now while I still have chance
[09:31] {Threei}
12 lol
[09:33] {magoo} goog reports tonight
[09:35] {esemde} bstop SOLF 16.08
[09:35] {esemde} see if it bounces past that
[09:36] {Threei}
12 EMKR .46 short half lot if stays under .60
[09:36] {bruce} holx long ?
[09:37] {Threei}
12 around 63 maybe
[09:37] {esemde} long SOLF 16.10 stop .90
[09:37] {Threei}
12 EMKR not in short list
[09:39] {bruce} sbux short?
[09:40] {Threei}
12 HOLX nears support
[09:41] {Threei}
12 SBUX no read
[09:42] {bruce} k vad
[09:42] {Threei}
12 RMBS .06 long
[09:42] {Threei}
12 stop under .90
[09:43] {Threei}
12 HOLX worth a try from here on a first strength
[09:44] {Threei}
12 stop under .80
[09:45] {Threei}
12 easy 1:1
[09:46] {Threei}
12 RMBS invalidated
[09:47] {bruce} didn't get holx - wasn't able to see "sign of strength" before pop
[09:47] {bruce} what should I have seen vad?
[09:48] {Threei}
12 bids strengthening, prints switching to offer siode, offers disappearing
[09:48] {bruce} k - was looking but guess not good enough to read that stuff
[09:50] {bruce} good thing you scalped it!
[09:50] {dino} nyx l sm .88
[09:53] {Threei}
12 AAPL small shares long
[09:53] {Threei}
12 .23 trigger
[09:54] {Threei}
12 stop under 130.90, try to get it on pullback if any
[09:54] {Threei}
12 like this
[09:54] {Threei}
12 in .70
[09:55] {Threei}
12 stop under .50
[09:55] {Threei}
12 stopped
[09:55] {Threei}
12 too early in, gotta give it more room for shakeout
[09:56] {bruce} yeah - nice read vad
[09:57] {bruce} quick +13c in nyx
[09:57] {bruce} thanx dino
[09:57] {bruce} gotta run
[09:57] * bruce slaps magoo around a bit with a large trout
[09:57] {bruce} take that
[09:57] {bruce} and havea great day all
[09:57] {Roman}
21 ESLR looks good
[09:57] {Threei}
12 ESLR broke 3 day highs
[09:58] {Roman}
21 had some news this morning too
[09:58] {Threei}
12 two upgrades
[09:58] {Threei}
12 one of them with 18 target
[09:59] {Threei}
12 .80 break worth a try long
[10:00] {dino} sigm l .16
[10:01] {dino} sigm stopped -.30
[10:03] {dino} nyx stopped flat
[10:05] {dino} sigm big old rinse
[10:07] {dino} sigm l trig .50, imo
[10:09] {Threei}
12 with any market help ESLR should take 13
[10:09] {magoo} took it vad
[10:16] {dino} dwsn sm l .80
[10:17] {esemde} out SOLF .30 +20
[10:18] {dino} out sigm +.20
[10:20] {magoo} stop[pped
[10:31] {dino} jaso l sm .20 wide
[10:32] {Threei}
12 XMSR .21 long if stays above .10
[10:32] {Threei}
12 slow one
[10:33] {dptl} got to leave....have a good day everyone
[10:34] {Threei}
12 take care dp
[10:36] {dino} cya dp
[10:38] {dino} bphx
[10:40] {dino} sm l bphx .50
[10:41] {dino} cnqr rockin'
[10:42] {Threei}
12 can'ty find squat so far
[10:43] {dino} algt
[10:43] {Threei}
12 with GOOG reporting today, seems noone knows what to do with all this mess
[10:45] {dino} i'm on small shares and wide stops, too whippy
[10:45] {dino} fwiw
[10:46] {dino} look at amag from yesterday, almost all back
[10:48] {esemde} think i've found my solar swing candidate.....SOLF gonna see how this and market plays out by the end of the day and take a position
[10:49] {dino} tsco
[10:49] {dino} doing same w/jaso
[10:49] {dino} 15 pts down 4 days
[10:50] {esemde} ya....solf is down 15pts also.......shorts are trying to get water from a stone....
[10:50] {dino} from the sun i believe
[10:51] {esemde} ya something like that....
[10:52] {Threei}
12 nice juicy offer at 16
[10:52] {Threei}
12 if taken, will be good indication
[10:53] {esemde} heck...even with my limited valuation techniques....$34.00 bucks is cheap Vad fry me on this though.....
[10:54] {esemde} are you talking bout SOLF VAD
[10:54] {Threei}
12 for all I know even 50 could be cheap... how it translates it actual stock movement however is another matter :)
[10:54] {Threei}
12 yes ese
[10:55] {esemde} definately.....
[10:55] {Threei}
12 if it stays above .85 and takes 16, good candidate
[10:55] {esemde} I didn't see that offer at it still there
[10:55] {Threei}
12 yes
[10:55] {Threei}
[10:56] {esemde} 400...there it is
[10:56] {Threei}
12 yup
[10:56] {esemde} yes indeed
[10:56] {esemde} 400k that is
[10:57] {Threei}
12 I wish this sector still moved on its own momo not depending on market so much
[10:57] {Threei}
12 would be much easier play
[10:57] {esemde} definately
[10:57] {dino} out dwsn .16, +.36
[11:00] {dino} bphx stop to .98
[11:00] {dino} to .20
[11:00] {Threei}
12 what kind of headline is this
[11:00] {Threei}
[11:00] {Threei}
[11:01] {dino} stopped .20, +.70 bphx
[11:02] {dino} he's a busy guy i guess
[11:04] {Threei}
12 SOLF touched
[11:04] {Threei}
12 not retreating much
[11:04] {Threei}
12 looks like a good chance for break
[11:05] {dino} djo worst january since 1978
[11:05] {dino} dji
[11:05] {esemde} I'd say.....
[11:06] {dino} cnbc just posted it, so....
[11:06] {Threei}
12 ese, look dcc please
[11:07] {dino} algt s sm .00
[11:10] {dino} driv spike
[11:13] {esemde} am off for the day all have a good rest of it....
[11:13] {Threei}
12 take care ese
[11:14] {Threei}
12 RIMM long with stop under .50
[11:14] {Threei}
12 in
[11:15] {dino} bye es, the fast one
[11:15] {Threei}
12 that was nice pullback for entry
[11:15] {Threei}
12 need market jump now to take it to something more decent than 1:1
[11:16] {magoo} in where? i got .73
[11:16] {Threei}
12 .63
[11:16] {Threei}
12 market says, yeah right
[11:16] {dino} that was me talking
[11:16] {Threei}
12 lol
[11:18] {dino} tsco sm s .00
[11:18] {dino} stop hod
[11:18] {Threei}
12 come on
[11:19] {Threei}
12 out
[11:19] {Threei}
12 probably just a shake but heck
[11:20] {Threei}
12 lol
[11:20] {Threei}
12 reenterd and out
[11:21] {dino} dwsn l sm .24
[11:21] {Threei}
12 we are even
[11:21] {Threei}
12 SOLF broke
[11:21] {Threei}
12 mags, out yet?
[11:22] {magoo} noiope
[11:22] {dino} algt bstop to b/e
[11:23] {magoo} onre more push
[11:23] {dino} out dwsn .50,
[11:23] {dino} =.26
[11:24] {Threei}
12 here comes your push
[11:25] {dino} spwr spike
[11:25] {magoo} out .60 TRY
[11:25] {magoo} TY
[11:25] {Threei}
12 good job
[11:26] {Threei}
12 SOLF ticking
[11:27] {dino} all of the solars
[11:28] {dino} algt stopped flat, spiked on me
[11:28] {Chaeron} hi all
[11:28] {Threei}
12 hey chaeron
[11:29] {Threei}
12 why the extreme happiness
[11:29] {dino} driv s sm, .40
[11:29] {dino} forgot i had it out there
[11:33] {dino} lol cov driv .00, +.40
[11:40] {dino} well, seems we have our dji normal range of +200 pts
[11:43] {dino} rsti hmmm
[11:45] {dino} cov tsco flat, doesn't move
[11:49] {Threei}
12 out half SOLF
[11:49] {Threei}
12 +.44
[11:50] {dino} gj
[11:50] {Threei}
12 ty
[12:01] {magoo} rimm sh? aapl sh vad?
[12:02] {Threei}
12 I am hesitant with this mags... market makes sudden jumps off p;ullbackks
[12:02] {Threei}
12 easy to get caught
[12:02] {magoo} k
[12:05] {Threei}
12 ugh
[12:05] {Threei}
12 missed TIVO news
[12:05] {dino} naz on track for worst jan. ever, cnbc
[12:06] {magoo} tivo avail short vad
[12:06] {Threei}
12 [TIVO] TiVo Inc US Appellate court affirmed in part, reversed in part, and remanded patent case against DISH
[12:06] {Threei}
12 - No details of the ruling and opinion of the court released yet.
[12:06] {Threei}
12 - Reminder: TIVO won a patent ruling against DISH in April, 2007. The Appellate Court later issued a stay, allowing DISH to continue DVR sales pending a ruling.
[12:06] {Threei}
12 - UPDATE: 11:53am: TIVO wins partially, DISH software infringed TIVO patents, DISH hardware did not infringe patents
[12:07] {Threei}
12 .50 breakdown is short TIVO if no new highs
[12:08] {Threei}
12 new high
[12:08] {dino} artc spike
[12:10] {dino} missed it
[12:11] {dino} sm wide rsti s .50
[12:14] {dino} algt sm s .44, wide
[12:20] {dino} bstop to .96 rsti
[12:20] {dino} cov rsti .96, +.54
[12:21] {dino} algt bstop to .35
[12:22] {Threei}
12 TIVO short setup is back if stays below .65
[12:23] {dino} bruce missed a good one for spikes/capits
[12:23] {dino} algt tighten to .30, stuck
[12:24] {Threei}
12 I guess everyone just decided to bury jan and start anew tomorrow dino :)
[12:25] {dino} could be.....but one thing, it's not boring
[12:26] {Threei}
12 come on TIVO, give up
[12:26] {Threei}
12 heard of gravity?
[12:27] {Threei}
12 apparently not, lol
[12:29] {dino} cov algt .26, +.18
[12:30] {dino} going to take a break/walk, clear my head
[12:31] {dino} back in 30 or so
[12:33] {Threei}
12 out, no gravity
[12:36] {Threei}
12 AAPl doesn't want to drop even with NASDAQ mags
[12:39] {magoo} i know stronger
[12:40] {magoo} i just took rimm long 93
[12:40] {magoo} thinkin 94
[12:40] {magoo} if mkt helps
[12:40] {magoo} hl
[12:45] {magoo} FSLR vad, going ]
[12:47] {Threei}
12 watching if takes SOLF with it
[12:47] {magoo} u still got half?
[12:48] {Threei}
12 yes
[12:48] {magoo} 16 right?
[12:48] {Threei}
12 yep
[12:48] {Threei}
12 and stop is right under it now
[12:48] {magoo} give rimm a kick please
[12:50] {Threei}
12 galdly
[12:50] {magoo} wriong way boss.other way
[12:50] {Threei}
12 awww, you meant up?
[12:51] {magoo} out
[12:51] {magoo} sigh
[12:51] {magoo} helluva kick anyway : )
[12:51] {Threei}
12 sorry :)
[12:51] {magoo} .40 cents
[12:52] {Threei}
12 FSLR big pullback
[12:52] {magoo} everything is vad
[12:52] {magoo} sh aapl loss 134
[12:53] {Threei}
12 worth a try
[12:53] {Threei}
12 got 180
[12:55] {magoo} if mkt lets go it will work
[12:56] {Threei}
12 ugh, oversat it
[12:58] {magoo} i was waiyting .59, too low
[13:02] * Threei slaps LaserDave1 around a bit with a large trout
[13:02] * magoo slaps LaserDave1 around a bit with a large trout
[13:03] {Threei}
12 finally FSLR
[13:03] {magoo} out
[13:18] {dino} what did i miss?
[13:19] {Threei}
12 FSLR trade off deep pullback
[13:22] {Threei}
12 TIVO wants another run it seems
[13:29] {Threei}
12 CALM spike
[13:30] {Threei}
12 TIVO tries
[13:38] {dino} nflx
[13:38] {Threei}
12 NFLX dino
[13:38] {Threei}
12 :)
[13:38] {dino} simple minds, huh
[13:39] {dino} buyback 100m
[13:39] {dino} $ not shares
[13:40] {dino} can't borrow at cyber
[14:01] {dino} sm s cnqr .60 wide
[14:08] {dino} acad
[14:15] {dino} cnqr bstop to .77, stuck
[14:16] {magoo} back
[14:19] {dino} stopped cnqr -.18
[14:19] {dino} needed mkt help
[14:23] {Threei}
12 TIVO .11 if not losing 9 anymore
[14:26] {dino} nile?
[14:28] {dino} rinsed cnqr, should've kept original stop
[14:32] {Threei}
12 don't see anything fresh on NILE
[14:32] {dino} sm algt s .40
[14:51] {dino} stopped mkt too strong
[14:53] {Threei}
12 if we are to see any selling today, last hour should be it, by those who don't want to be long into Google earnings
[14:57] {dino} tmta
[14:58] {dino} buyout 15.50
[14:58] {Threei}
12 02:57pm [TMTA] Riley Investments has offered to buy Co. for $15.50/shr - filing
[14:58] {dino} can't borrow
[15:02] {dino} back in 10
[15:02] {Threei}
12 what's wrong with this offer for TMTA
[15:03] {Threei}
12 trades way too far from offered price
[15:09] {Threei}
12 unless there are some underlying problems with it, I'd expect 14.25 - 14.50 range
[15:11] {dino} usually the stay a buck or so away vad, time decay/blah, blah
[15:11] {Threei}
12 right
[15:11] {Threei}
12 so 15.50 minus buck
[15:11] {Threei}
12 that's why I feel it's a bit too low for the price offered
[15:13] {dino} lawsuit just filed against tmta directors, too
[15:13] {dino} fmcn
[15:13] {Threei}
12 - Riley notes Co has refused to provide books, filing suit against board, management
[15:13] {Threei}
12 feels to me like just a method to press them into selling
[15:14] {Chaeron} I've gotta run everybody... best to all
[15:14] {Threei}
12 take care chaeron
[15:15] {dino} cya cheatr
[15:15] {dino} opps
[15:15] {Threei}
12 lol
[15:15] {dino} fat fingers
[15:16] {dino} fmcn one more spike imo
[15:19] {dino} guess not
[15:19] {dino} was waiting at 49.64
[15:19] {dino} too high
[15:20] {Threei}
[15:21] {dino} tmta offers exp. 2/08/08, seems strange, ploy to get out maybe
[15:21] {dino} wbsn
[15:21] {Threei}
12 it happened before
[15:21] {Threei}
12 don't remember company name... sveral bogus offers
[15:21] {Threei}
12 by one of co-owners
[15:24] {dino} 400+ pt range dji
[15:24] {Threei}
[15:24] {Threei}
12 12.50 break probably worth a scalp try
[15:28] {Threei}
12 over 1:1
[15:28] {dino} gj
[15:30] {Threei}
12 GOOG has a lot of upside eh? :)
[15:30] {Threei}
12 slight pullback from 750 high
[15:31] {dino} yeah
[15:31] {dino} bidu too\
[15:32] {Threei}
12 these 2-3 dollar jumps are mesmerizing
[15:34] {dino} i can't tred those 2
[15:34] {dino} tread
[15:34] {dino} trade
[15:34] {Threei}
12 not even type it
[15:35] {dino} shhesh, can't spell either
[15:35] {Threei}
12 hehe
[15:36] {Threei}
12 INFA worth a try short
[15:36] {Threei}
12 .87 stop
[15:39] {dino} algt s .50
[15:40] {dino} last try
[15:40] {Threei}
12 no worky INFA
[15:40] {dino} stop to b/e
[15:40] {dino} darn
[15:41] {dino} too jumpy
[15:41] {dino} done w/it
[15:42] {Threei}
[15:43] {magoo} short it vad?
[15:43] {Threei}
12 nah
[15:43] {Threei}
12 can easily go either way
[15:43] {dino} fmcn spikey
[15:44] {dino} sgr spike
[15:44] {Threei}
12 where is curtis... his SIRI performed admirably today
[15:46] {dino} most likely done, thx all, had fun
[15:47] {dino} at 20k shares maybe he blew up (kidding)
[15:47] {Threei}
12 what kind of fun is it... barely kept myself from buying GOOG at 562 with 570 in mind... and succeeded in keeping :(
[15:47] {dino} darn algt would've worked nicely, was way too tight
[15:48] {Threei}
12 TIVO sneezed at that downgrade mags
[15:48] {dino} they are siren songs to me vad (bidu, goog). like wrecking the ship on the rocks
[15:48] {Threei}
12 totally
[15:48] {magoo} yeah..nothing easy
[15:49] {Threei}
12 siren song... never what it promises to be yet who of us can resist
[15:50] {dino} gxdx
[15:51] {dino} man, major spikes going on all over
[15:54] {dino} guess i should cx that short fmcn at 49.64
[15:55] {Threei}
12 finally some profit taking
[15:55] {Threei}
12 on last 5 minutes, no less
[15:56] {dino} some, about 100 pts dji
[15:57] {dino} crazy moves
[15:57] {Threei}
12 12 points GOOG
[15:57] {Threei}
12 and get this... even SIRI pulled back 2 cents
[15:57] {dino} lol
[15:57] {Threei}
12 :)
[15:59] {dino} take care all. gotta hop,..coaching son's basketball team
[15:59] {Threei}
12 thank you guys, take care
[15:59] {Threei}
12 see you tomorrow, will be fun
[15:59] {Threei}
12 GOOG an some numbers
[15:59] {magoo} ty vad
[15:59] {Threei}
12 unemloyment I think
[16:00] {Threei}
12 if nothing more, will provide for great entertainment

Wednesday, January 30, 2008

January 30, 2008

Session Start: Wed Jan 30 00:00:00 2008

Session Time: Wed Jan 30 00:00:00 2008

[05:27] {cosmo} ETFC pre mkt high = 4.52 so far
[05:29] {cosmo} squeeze rumors...
[05:36] {Threei} insider buys or something like that
[05:36] {Threei} Good morning
[05:37] {cosmo} ALTI: Altairnano Signs $2.5 Million U.S. Navy Contract for Development of Nano-Lithium Titanate Battery Technology
[05:37] {cosmo} Business Wire (Wed 8:00am)
[05:38] {cosmo} 3.89 pre mkt high
[05:40] {Threei} ALTI is one of those... often looks promising, almost never delivers
[05:41] {Threei} catches fire sometimes but most of the time fizzles out
[05:41] {cosmo} hmmm... its time
[05:41] {Threei} would be nice
[05:42] {Threei} we could use momo runner that doesn't notice broader market
[05:42] {cosmo} someone's gonna get a breakthru in battery technology and change the world....maybe
[05:43] {Threei} didn't energizer bunny do that already?
[05:43] {cosmo} he tried
[05:43] {cosmo} old tech
[05:43] {Threei} ah
[05:44] {Threei} non-nano is the term future generations will probably use to indicate stone age tech
[05:44] {Threei} I claim the word coin
[05:44] {cosmo} coin the word?
[05:46] {Threei} don't confuse me that early
[05:46] {Threei} I am confused successfuly without help
[05:46] {cosmo} PN dates = pre nano ...AN = after nano ... right?
[05:46] {Threei} sounds right to me
[05:47] {cosmo} :)
[05:48] {cosmo} SLAB beats est.
[05:49] {cosmo} 32.40 high
[05:55] {cosmo} CYMI: Cymer posts Q4 profit below view, sees lower Q1 revenue
[05:55] {cosmo} at Reuters (Tue 6:17pm)
[05:55] {cosmo} off 18%
[05:58] {dptl} good morning all
[05:58] {Threei} dp :)
[05:59] {magoo} mornink seradmoc
[05:59] {Threei} magoo :)
[06:02] {esemde} morning youzz guys and whats happinin eh.....
[06:03] {Threei} ese :)
[06:03] {esemde} vad
[06:03] {cosmo} here comes the sun, ese :)
[06:03] {dino} gm all, blustery day here
[06:04] {esemde} as in The Beatles "Her Comes The Sun"
[06:04] {Threei} dino :)
[06:04] {cosmo} her?
[06:04] {esemde} Here...opps
[06:04] {cosmo} :)
[06:08] {esemde} Ok ...looking for advice still long ESLR at .27...closed the day at .55 yesterday...earnings release is after close today and it's bidding up now.....wha da ya think...dump it or hang on till the end of the day
[06:09] {Threei} coin toss IMO, ese
[06:09] {Threei} too many factors involved to make even educated guess
[06:10] {esemde} i'm pretty sure i'm going to dump it....i've held through other earnings releases and it's a crap shoot
[06:10] {Threei} fed day today... what oil does... what solar sector does... and earnings of this particular one on top of it all
[06:10] {Threei} with so much uncertainty, I am pretty sure I wouldn't hold it
[06:11] {lumdus} gm all.
[06:11] {Threei} lum :)
[06:12] {esemde} lump...i mean lum....morning
[06:12] {lumdus} ese, day didn't start and you starting up already ?
[06:12] {esemde} sorry couldn't resist that one....
[06:12] {lumdus} :)
[06:13] {Threei} my take on today guys:
[06:13] {esemde} go for it ........i'm ready ...hit me with your best one...
[06:13] {Threei} 1. market will want to go red and stay red no matter what fed announces
[06:14] {Threei} 2. there will be a lot of repositioning so general trend won't be smooth, hence scalping is in effect
[06:14] {Threei} 3. the closer to announcement time the tighter range is going to be, with accidental jerking around
[06:15] {lumdus} what time is announcement ?
[06:15] {Threei} 2:15 EST
[06:15] {lumdus} ok, so lunch from 1 - 2:30
[06:15] {lumdus} continue ..
[06:15] {esemde} 11:15 our time on the west coase
[06:15] {esemde} "coast"
[06:16] {Threei} my idea of today's entries is the same as last couple days - short bounces
[06:16] {Threei} maybe buy extreme selloffs
[06:16] {Threei} will see
[06:21] {bruce} welcome back lum
[06:21] {dino} and, of course, have fun
[06:22] {lumdus} Bruce, i can't work everyday. need to have fun you know ..
[06:23] {bruce} good attitude lum
[06:23] {bruce} this little piggy went to market
[06:23] {bruce} that little piggy lowered fed rate
[06:24] {bruce} and all the little piggies went oink oink oink as they tried to figure out markket direction
[06:24] {bruce} that about sums up today
[06:25] {dino} perhaps figuring direction is a waste of time, just react
[06:26] {Threei} I second that dino
[06:29] {Threei} watching CYMI for possible short
[06:30] {Threei} .50 resistance so far
[06:31] {Threei} broke, still waiting
[06:32] {Threei} small shares short hwere, 28.10 stop
[06:33] {Threei} in .83
[06:33] {Threei} stopped
[06:33] {lumdus} in flex 11.19
[06:34] {lumdus} stop 11.09
[06:37] {Threei} AAPL long with stop under 130.40
[06:37] {Threei} missed entry so far
[06:37] {Threei} maybe one more pullback
[06:38] {Threei} in
[06:38] {lumdus} stop on flex 11.13
[06:40] {Threei} out AAPL131.10
[06:40] {Threei} +.39 if my math is correct
[06:41] {dino} vmw l .00, sm
[06:41] {dino} trig
[06:41] {Threei} CYMI .80 another short try
[06:42] {Threei} stop just above 29
[06:43] {Threei} in
[06:43] {lumdus} flex 1/2 out .42 +.22
[06:44] {Threei} good one
[06:46] {Threei} CYMI over 1:1
[06:46] {lumdus} out flex .55 +.25
[06:46] {lumdus} +.35 .. sorry
[06:47] {lumdus} easy money made.. i am sure this can go to 12 / 13 today .
[06:47] {Threei} covered half CYMI
[06:47] {lumdus} vad, on a normla day i would hold flex for a full day, it has those charact..
[06:48] {lumdus} however, after your speach this morning of the fed stuff, i am scalping.
[06:48] {Threei} stop to b/e for second half
[06:50] {Threei} stop to above .60
[06:50] {dino} l de .50
[06:52] {dino} de stopped -.30
[06:53] {Threei} out
[06:53] {lumdus} ho, shoots. Flex to 13 man .. maybe i shouldn't scalp
[06:55] {dino} jaso l .25
[06:55] {dino} wide
[06:55] {Threei} RMBS .86 long half lot if stays above.70
[06:56] {bruce} got +.24 in de dino - was able to get .26 entry
[06:56] {bruce} back to flat for day
[06:56] {lumdus} in rmbs .91
[06:57] {dino} gj bruce, went right for my stop
[06:57] {bruce} just lucky dino
[06:57] {Threei} if you feel strongly about FLEX, it pulls back into support
[06:57] {dino} :)
[06:58] {lumdus} vad, not anymore. rmbs much healthier
[06:58] {dino} out jaso .60, +.35
[06:59] {cosmo} YHOO 19.15 hod fyi
[07:00] {dino} fwlt
[07:01] {lumdus} go rmbs !
[07:01] {Threei} RMBS 1:1
[07:02] {dptl} out ty
[07:02] {Threei} :)
[07:02] {lumdus} vad, this one i am going to hold a little
[07:02] {Threei} good luck
[07:03] {lumdus} vad .87 support ?
[07:03] {Threei} at this point, yes
[07:03] {dino} jaso l sm .25
[07:04] {dino} fwlt l sm .01fwlt l .01
[07:05] {lumdus} rmbs suport held very nicely and now breaking. give me more
[07:06] {Threei} Greed is Good. G Gekko
[07:07] {dino} indeed
[07:08] {dino} out fwlt .65, +.64
[07:08] {Threei} wtg
[07:09] {dino} ty
[07:10] {lumdus} stop on rmbs 17.93
[07:11] {lumdus} glad out flex..
[07:11] {dino} out jaso .25, flat
[07:12] {Threei} notice how it made you wish to get back in at the exactly wrong time
[07:12] {lumdus} yes, i notice that.
[07:12] {lumdus} rmbs meanwhile working like a good boy
[07:12] {lumdus} about to toffer 1/2 out on rmbs next run
[07:12] {Threei} this is the way to incorporate emotions you feel in your action - those are likely emotions that drive the crowd,
[07:12] {lumdus} out rmbs 18.22
[07:12] {Threei} so being learned and disciplined trader you can use it
[07:13] {lumdus} +.32 thanks vad
[07:13] {Threei} welcome sir
[07:13] {Threei} 3:4 so far
[07:13] {lumdus} second 1/2 stop 18.03
[07:13] {lumdus} no 4:4 so far
[07:13] {dino} gj guys
[07:14] {lumdus} selling rmbs .45
[07:14] {lumdus} +.65 nice job vad
[07:14] {Threei} congrats
[07:15] {lumdus} ok, that means i take off tommorrw again.
[07:16] {bruce} glad you got o9ut jaso flat - what told you to exit dino?
[07:16] {lumdus} don't slap me .. what time is the fed thing 11:15 or 2:15 ?
[07:17] {Threei} depends on your time zone
[07:17] {dino} oih bruce
[07:17] {bruce} k
[07:17] {bruce} got you
[07:18] {Threei} if you are in Mongolia, or for some wierd reason want to know by their time... one thing
[07:18] {lumdus} i am in NY
[07:18] {Threei} 2:15 then :)
[07:18] {lumdus} ok tx. yeah, i am thick sometimes
[07:19] {Threei} FLEX is ready for bounce
[07:19] {Threei} .33 would be the stop
[07:19] {lumdus} i am watching aci. I like it much better
[07:20] {lumdus} if stays above .88 and breaks 43.04 i am in
[07:23] {lumdus} in aci 43.03 .02
[07:23] {dino} vmw l .00
[07:23] {lumdus} stop 42.89
[07:23] {dino} out .25, +.25
[07:23] {esemde} bstop FLEX .52 1/2 lots
[07:24] {esemde} higher low theory....
[07:26] {esemde} long FLEX .52
[07:27] {esemde} stop .33
[07:27] {Threei} I played it differently ese... but then again, my target was just a quick scalp
[07:28] {lumdus} short c .54 stop .61
[07:28] {esemde} how did you play it VAD.......
[07:28] {Threei} DOE CRUDE: +3.6M V +2ME ; GASOLINE: +3.6M V +2ME ; DISTILLATES: -1.5M V -2.1ME ; UTILIZATION: % V 86.2%E
[07:28] {esemde} bounce.....
[07:28] {Threei} are we swimming in oil or what
[07:28] {lumdus} ou taci -.08
[07:29] {Threei} I just grabbed .42 with 9 cents stop, and dumped into 1:1 when it broke .50
[07:29] {esemde} so I bought your do you determine a bounce so quickly
[07:30] {lumdus} C not going the right way, needs to go down soon
[07:30] {Threei} definitely not my shares, I sold .53 :)
[07:30] {esemde} could have bee .5212
[07:31] {esemde} how did you determine the bounce so quickly....and what chart are you looking at 1 min?
[07:31] {Threei} 1 min yes
[07:32] {Threei} it bottomed at .34, went above .40, made couple little moves around it, and refused to lose .40 on further selling..
[07:32] {esemde} the drop volume bar was 3 before the low bar. 269000
[07:32] {Threei} risk was so small at this point, and pullback from high so significant,
[07:33] {Threei} with NASDAQ climbing further up, it was a safe enough bet
[07:33] {esemde} so did you do .09 with size....couple of lots
[07:33] {Threei} right
[07:33] {Threei} thick stock
[07:33] {esemde} hmmmm that would be
[07:33] {Threei} slippage is not very likely
[07:34] {lumdus} c needs real slippage
[07:34] {esemde} whereas mine has opportunity to fall from here.......hmmmmmm
[07:36] {lumdus} in gm 27.68
[07:36] {lumdus} stop 27.57
[07:37] {dino} jaso drop
[07:38] {lumdus} out gm -.11
[07:39] {lumdus} stop on c 27.58
[07:40] {lumdus} vad, gm trade was bad trading or valid ? (the stop )
[07:40] {lumdus} c
[07:41] {lumdus} out no workey either
[07:41] {Threei} I didn't like entry
[07:41] {Threei} stop placement was right
[07:41] {Threei} entry is too "chasey"
[07:42] {lumdus} .58 would be the right entry ?
[07:42] {Threei} it consolidated for a while under .60, that would be my trigger
[07:42] {lumdus} yeah, i see that.. "too chasey" !
[07:42] {dino} amag
[07:43] {Threei} whith .60 entry, .49 stop you had 1:1 easy
[07:43] {Threei} with .68 entry, risk/reward ratio is not matching the chart setup
[07:44] {lumdus} OK, thanks
[07:44] {dino} amag l sm .95
[07:44] {lumdus} overall good day today. ce ya, be back 2:30
[07:44] {esemde} come on FLEX BABY!!!!!!!!
[07:45] {Threei} {FLEX} huh? you called?
[07:45] {dino} out amag .50, +.55
[07:45] {dino} one of those days...:)
[07:46] {esemde} trying your technique Vad...scream at it a little
[07:46] {esemde} just bout that
[07:46] {Threei} t complete the technique, kick them in the rear too
[07:46] {dino} throw something too es, preferrably at magoo
[07:46] {Threei} steel-toed shoes won't hurt
[07:46] {Threei} lol dino
[07:47] {dino} thats what i do
[07:47] {bruce} shoot - had been watching amag and missed yoru call in it dino
[07:47] {dino} amag again drops
[07:47] {esemde} been watching MRVL for a bit.....daily chart looks ready for a break out up.....
[07:48] {bruce} vmw had a nice pop
[07:48] {dino} oops wrong chart
[07:48] {dino} yes vmw, i sold way soon, scalp mode ya know
[07:49] {esemde} scream #2........COME ON FLEX BABY!!!!!
[07:49] {esemde} screamed with the come on as well
[07:49] {dino} amag bruce, give me a bottom
[07:49] {dino} or l trig .00
[07:50] {bruce} looks to me like vmw is settingup for big move again - but I don't have feel forlong or short
[07:51] {dino} toughy w/that destruction yesterday
[07:51] {bruce} 55 even for amag
[07:51] {dino} amag bottom .19 looks like
[07:54] {esemde} heres some words to live by from a musician,,,"LIVE LIFE LOUD" huh huh huh...wha da ya think
[07:56] {dino} i like it
[07:56] {Threei} I do too.. not sure about neighbours though
[07:56] {esemde} tks...i feel thats what what were doin on VADS board
[07:57] {dino} wouldn't bother my neighbors, turning into a party neighborhood
[07:57] {esemde} COME ON FLEX BABY!!!!!!!!!!
[07:57] {dino} why thank you
[07:58] {dino} amag sm l here bruce
[07:59] {dino} ucbi
[07:59] {dino} missed
[08:00] {dino} was thinking 19.80s
[08:03] {esemde} oh oh......
[08:04] {dino} ustr
[08:06] {bruce} ucbi moving again too dino
[08:06] {dino} safm
[08:06] {dino} not enough ucbi, imo
[08:07] {bruce} k
[08:09] {bruce} safm looks good
[08:09] {dino} i like $2+/- on spikes, $2.50+/- on capits, fwiw
[08:09] {dino} and now my secret is out
[08:10] {dino} s safm sm .10
[08:10] {bruce} cool - s0me numbers to play with
[08:12] {dino} see how difficult my system is to use, lol
[08:12] {bruce} lol
[08:12] {bruce} thats the short version dino
[08:12] {bruce} plus watching ndx oih and so forth
[08:13] {dino} find your edge, manage the risk, be consistant, & keep it simple
[08:13] {dino} ktec
[08:15] {dino} safm bstop to b/e
[08:16] {dino} whoa ktec a bit thin
[08:16] {dino} ditch it
[08:17] {bruce} I see that 17 k for day
[08:18] {dino} yeah, wasn't expecting that, might be just 3 guys messing w/it
[08:18] {Threei} RIMM .61 small shares long with stop under .50
[08:18] {Threei} invalidated
[08:19] {esemde} OUT FFFFFFFFFFLEX.......
[08:19] {esemde} .32
[08:20] {bruce} yeah - probably mags roman and vad again
[08:20] {dino} ravn drops
[08:20] {dino} too thin
[08:20] {dino} sigm bit of blood
[08:21] {bruce} sigm dino
[08:22] {Threei} RIMM setup is back, same structure
[08:23] {dino} safm stopped flat
[08:23] {Threei} 1:1 in a hurry
[08:23] {Threei} and over
[08:24] {bruce} triggered before I could pull it up vad
[08:24] {bruce} nice trade - congrats
[08:24] {Threei} ty
[08:24] {Threei} what do you mean before you could pull it up?
[08:24] {dino} sigm .40s?
[08:24] {Threei} it was a few minutes between my aklert and actual trigger
[08:25] {dino} sigm sm l .00
[08:25] {dino} too soon
[08:26] {Threei} dino... magoo left on purpose, to have a reason to blame me again for calling winners when he is away?
[08:26] {dino} yes vad, that was his plan
[08:26] {Threei} thought so
[08:27] {dino} order "the big sandwich" for super bowl
[08:28] {dino} 4 feet of hogie , mmm, mmm, mmmmmm
[08:29] {dino} i see noboby appreciates fine food
[08:30] {Threei} hehe
[08:31] {dino} out amag .40, +.50
[08:31] {Chaeron} Hi all - great to be here
[08:32] {dino} gm chaer
[08:33] {dino} sigm stop to lod not moving
[08:34] {dino} stopped -.24
[08:35] {dino} de lod
[08:35] {bruce} hey chaeron
[08:35] {Chaeron} hi bruce, dino... :)
[08:36] {Threei} chaeron :)
[08:37] {bruce} sigm looks to be reversing dino
[08:38] {Threei} wow RMBS is still moving
[08:38] {dino} what a rinse
[08:39] {bruce} rinse? de?
[08:39] {dino} good call bruce
[08:39] {dino} sigm rinsed me
[08:40] {bruce} k - sorry
[08:40] {bruce} would like to get at 42.75 or so
[08:40] {bruce} with 40 c stop
[08:40] {dino} i would think that it could do that at least
[08:41] {dino} no news out
[08:42] {Threei} RMBS .80 short half lot if stays under 20
[08:43] {dino} de sm l .10
[08:43] {dino} meli disaster continues
[08:45] {dino} nyx
[08:46] {bruce} safm short again .29
[08:48] {dino} out de .50, +.40
[08:49] {dino} too soon
[08:50] {dino} amag drops again
[08:51] {dino} sm l amag .50, wide
[08:53] {bruce} out safm =.20
[08:54] {dino} gj
[08:55] {bruce} thanx dino
[08:58] {dino} amag stopped -.40
[08:58] {dino} taking a lunch break
[08:58] {bruce} bailing amag
[09:00] {magoo} back
[09:00] {Threei} you left?
[09:00] {magoo} sigh..all morning f'in around
[09:01] {magoo} lol
[09:03] {magoo} i miss alot of trades vad?
[09:03] {Threei} just 1 I think, RIMM
[09:04] {Threei} quick 20 cents, nothing extreme
[09:04] {magoo} ok
[09:04] {magoo} ty
[09:04] {magoo} prob not much now thru decision
[09:05] {dino} gj sigm bruce
[09:05] {Threei} RMBS .99 short
[09:05] {Threei} stop above .10
[09:05] {magoo} full lot?
[09:05] {dino} cpts
[09:05] {Threei} yeah
[09:08] {bruce} I didn't get my entry in it dino
[09:09] {bruce} not paying close enough attention
[09:09] {dino} ohhh mannnnnnnn, :)
[09:09] {bruce} should have raised bid on strenth in it
[09:09] {dino} watching de again
[09:11] {bruce} hmm - amag possible long now dino
[09:12] {dino} was thinking the same bruce
[09:13] {Threei} die already RMBS
[09:13] {dptl} kick it
[09:13] {magoo} how much u thinking? 1 : 1 or more?
[09:13] {Threei} sure
[09:13] {esemde} AH HA....theres that yelling thing again.....
[09:13] {dptl} out +.13 ty
[09:14] {Threei} half out here mags
[09:14] {Threei} stop to 20.01
[09:15] {Threei} 19.91
[09:15] {bruce} thinking .9 trigger in amag with 25c stop
[09:15] {Threei} want it to dive quickly after losing .70 for full cover
[09:16] {magoo} ok
[09:16] {dino} de sm l .14
[09:16] {Threei} here we go
[09:16] {dino} feels lower amag, imo
[09:16] {Threei} .76 stop
[09:16] {Threei} out
[09:16] {Threei} not enough oompn of breakdown
[09:17] {Threei} don't want to sit through bounce
[09:17] {magoo} out TY
[09:17] {Threei} :)
[09:17] {bruce} you're right - amag not finished bleeding
[09:17] {Threei} just in time mags
[09:17] {dino} heck of a daily range on it
[09:18] {Threei} who needs 25 cents bounces
[09:18] {magoo} still a scalpers mkt boss
[09:18] {Threei} sure... especially nearing fed time
[09:19] {Threei} actually, I am amazed we find trades still
[09:19] {dino} cut de not working
[09:19] {Threei} usually less than 2 hours till fed everything's dead
[09:20] {magoo} repositioning into fed
[09:20] {bruce} yeah see that - wasn't in it
[09:20] {bruce} takingbreak
[09:20] {Threei} and you kniw the worst part of today mags?
[09:21] {magoo} what?
[09:21] {Threei} laserdave is not here still
[09:21] {magoo} should be {lasydave he he}
[09:21] {Threei} lol
[09:22] {Threei} trades are fine, something like 5 for 6 or so
[09:22] {Threei} and what I like about today is the same thing as last couple days:
[09:22] {Threei} high percentage of wins and a lot of those that never trigger
[09:22] {magoo} i thought only RIMM?
[09:22] {Threei} hmm? Rimm was one I called while you weren't here
[09:23] {Threei} a few more worked, with one stopped
[09:23] {esemde} is there any reason whatsoever that these fed goofs would not cut rates again today.....
[09:23] {Threei} several non-triggering ones mean we are nicely on being careful side
[09:24] {Threei} by "better miss it than get in so-so one" logic
[09:24] {Threei} ese... you are trying to decipher the way aliens think...
[09:25] {Threei} they have different atmosphere, pkants, animals, pressure, gravity etc... can you really get in their way of thinking? :)
[09:26] {curtisweese} Hi, everyone. I'm a newbie....well I'm reading the course and going through the vids. I have been playing with a little money and paper trading and doing okay since I started with the books though. :)
[09:26] {Threei} RMBS bounce was worth re-shorting... I just felt we are at the end of readable period
[09:26] {Threei} hi curtis, welcome to the room
[09:27] {esemde} i figured...
[09:27] {esemde} curtis...welcome
[09:27] * Threei slaps LaserDave1 around a bit with a large trout
[09:27] {Threei} magoo, don't fall asleep
[09:27] {Threei} curtis... don't heistate to ask questions
[09:27] {Threei} and never mind our being a little bit insane
[09:28] {Threei} this is our way to stay sane in profession demanding insanity
[09:28] {Threei} magoo!!
[09:29] * magoo slaps LaserDave1 around a bit with a large trout
[09:29] * magoo slaps LaserDave1 around a bit with a large trout
[09:29] * magoo slaps LaserDave1 around a bit with a large trout
[09:29] {Threei} finally
[09:30] {Threei} I was about to ask dino to put his elbow in your ribs
[09:30] {LaserDave1} I feel so much better now
[09:30] {Threei} oh hi dave
[09:30] {LaserDave1} ha
[09:30] {magoo} gklad too help bro
[09:30] {LaserDave1} hey thats what friends are for!
[09:32] {curtisweese} Am I going to run into problems trading 20,000 shares at a time using your techiques if I stick with stocks like SIRI that have pretty huge volumes each day? Or is that limiting my potential because of the amount of shares at a time? It just seems that using your techniques and getting even $.02 to $.03 per share on a scalp on a high trade volume stock would be great. Am I off base?
[09:32] {Threei} this is one of scalping techniques
[09:32] {Threei} scalp type 1
[09:32] {dino} amag sm l .20
[09:33] {Threei} with right reading of particular stock it works
[09:33] {Threei} I wouldn't limit myself to just one technique but it's a personal preference
[09:34] {Threei} one thing to keep in mind when focus on such approach:
[09:34] {curtisweese} Like I look at SIRI right nowand I see it just dropped below 3.08 which looks to me like it will keep going down based on the chart. (based on my newbie learning of your teachings!) heheh
[09:34] {Threei} it requires observing particular stock to tgget a feel for how it trades,
[09:34] {Threei} and herein lies the danger:
[09:34] {Threei} at some point stock changes its behavior
[09:35] {curtisweese} Threei, I see. I have been only following this one stock for now since I'm so new..if it starts dropping all the time then I'm in trouble....
[09:35] {Threei} while a trader who got very famiiar with it believes he almost developed special relationship with it
[09:35] {Threei} so he refuses to change
[09:35] {Threei} hopes to sit out a loss
[09:35] {Threei} the rest of the story is well known and very sad
[09:36] {Threei} moral is simple... never fall inlove with stock
[09:36] {Threei} never marry it
[09:36] {Threei} never think you know everything about it
[09:36] {Threei} things change on a dime, roll with punches
[09:36] {dino} amag stopped
[09:36] {dino} done w/it
[09:37] {Threei} I knew people who traded one stock, or very limited basket of stocks
[09:37] {Threei} saw some of them falling into this trap
[09:38] {Threei} also, with stocks like SIRI and such big lots, make sure you have a broker that provides full ECN pass-through and learn to use it
[09:39] {Threei} will cut down commissions greatly
[09:39] {curtisweese} yeah, i saw that too. I'm using that ScottradeElite they have for people with $25k in the account....they swear it is instant execution even versus the direct ECN ....they probably are full of it, eh?
[09:40] {Threei} never used them, can't tell
[09:40] {Threei} but what I mean by pass-through is not even speed of execution
[09:40] {Threei} I am talking about broker passing ECN rebate onto you if you add liwuidity
[09:41] {Threei} liquidity
[09:41] {Threei} it's abig financial help with this type of trading
[09:41] {curtisweese} maybe i will babystep with the other one for a bit and then move over when i get my head on straight
[09:42] {Threei} sure, what's the rush
[09:42] {Threei} I can assure you, market is going to be there in a month or year or 10 years
[09:42] {curtisweese} move to the pass-thru ecn one i mean....this is so fun, but scary. I quit my other addicitions...hehehe.....
[09:42] {curtisweese} If the market is gone, then I guess we all have bigger problems!
[09:43] {Threei} lol
[09:44] {curtisweese} wow! was i right on that SIRI one!....i have been blown away at your course and that it really works right away. (don't worry, I'm not letting my ego get to me!)
[09:45] {Threei} my course works?
[09:45] {Threei} I have a course?
[09:45] {Chaeron} of course
[09:45] {curtisweese} hehe
[09:46] {Threei} never mind... lapse of brain activity
[09:46] {Threei} fed days tend to do that to you
[09:48] {Threei} I don't see CPTS news
[09:48] {Threei} what's with this piggy?
[09:50] {dino} vrad
[09:50] {Threei} I bet dino puts short at 18.50 right now
[09:51] {esemde} I'm otta here all have agreat rest of the day...
[09:51] {curtisweese} bye
[09:51] {Threei} take care ese
[09:51] {esemde} vad curtis
[09:52] {dino} lol 3i, its at 17.40
[09:52] {Threei} yes, so I figured you added a point for safety :)
[09:53] {dino} maybe i should
[09:53] {Threei} anyone sees any news for it?
[09:54] {Threei} .20 short if stays under .50, SMALL SHARES
[09:55] {Threei} invalidated
[09:55] {Threei} likely to spike over 18 now
[09:55] {dino} too soon, stopped .75 -.35
[09:56] {dino} amag getting crushed
[09:56] {curtisweese} now if i was playing SIRI for huge shares, i'd buy now at 3.07 and look for $.02
[09:57] {curtisweese} if i'm doing it right
[09:57] {curtisweese} and there is my .02! heheh :)
[09:57] {curtisweese} sell half and ride rest.....
[09:58] {curtisweese} or not... :( i'm such a newbie
[09:58] {Threei} observe curtis... don't rush
[09:58] {bruce} hly doodle - amag dino
[09:59] {Threei} so far it does what you envisioned
[09:59] {curtisweese} that's why i'm paper trading, sensei
[09:59] {curtisweese} lol
[09:59] {dino} pretty brutal, filling my scanner
[09:59] {Threei} at this rate AMAG will be $1 before the day end
[10:00] {dino} they were at a conference, but i cannot find anything else
[10:00] {Threei} {--- bidding 1.01
[10:00] {dino} cpts now vad s .50
[10:01] {Threei} stop over .80?
[10:01] {bruce} careful vad - you could lose bigon that trade
[10:01] {dino} .81
[10:01] {Threei} on what trade bruce?
[10:01] {dino} we missed couple pts
[10:01] {bruce} amag at 1 buck
[10:01] {bruce} lol
[10:01] {Threei} oh
[10:02] {Threei} no way
[10:02] {Threei} tier 1 firm will help me out
[10:02] {bruce} oh - lucky you
[10:02] {Threei} so far so good dino
[10:03] {dino} gj
[10:05] {Threei} bidding CPTS .95 for cover
[10:06] {dino} going lower imo
[10:06] {Threei} out
[10:06] {Threei} the rest is yours dino
[10:06] {dino} waiting at 16.40
[10:07] {dino} maybe not
[10:12] {dino} cov .00, +.50 cpts
[10:12] {dptl} rmbs short?
[10:14] {dino} brb
[10:16] {dptl} LaserDave dcc pls
[10:17] {Threei} not sure dp
[10:17] {Threei} it does feel like short to me
[10:17] {Threei} it's just that things become less and less certain as near feds time
[10:18] {dptl} ok thnx
[10:18] {Threei} can try .50 breakdown with stop over .60 but keep it small
[10:20] {dino} vad you take amag? what price?
[10:22] {Threei} AMAG? no
[10:22] {Threei} my bid at 1.01 never got hit {G}
[10:22] {dino} lol
[10:22] {bruce} shame vad
[10:22] {bruce} looked pretty reasonable for a bit there
[10:23] * dptl slaps LaserDave1 around a bit with a large trout
[10:23] {bruce} whats the news on amag - another guy jumping out of a helicopter?
[10:25] {Threei} FDA troubles bruce
[10:25] {Threei} need help dp?
[10:25] * Threei slaps LaserDave1 around a bit with a large trout
[10:25] {dptl} ty lol
[10:25] {bruce} k
[10:25] {dino} boards now saying not amag issue, but who knows
[10:26] {Chaeron} 13:26 01/30 *DJ John Edwards Announces He's Dropping Out Of US Pres Race
[10:26] {bruce} only her hairdresser knows for sure
[10:26] {Threei} there is or was conference call also AMAG
[10:27] {Threei} who knows what is said there
[10:27] {Threei} oh, it's tomorrow... even worse
[10:27] {Threei} guess what curtis... your SIRI idea works like charm
[10:29] {dino} cpts
[10:29] {Threei} XMSR some happiness
[10:30] {Threei} probably what pushes SIRI too
[10:34] {bruce} cvco dino?
[10:34] {curtisweese} Threei, that is the only stock i follow...hehe....
[10:35] {bruce} forget it - too thin
[10:35] {curtisweese} see the handle of the teacup on it?
[10:35] {Threei} yup
[10:36] {Threei} keep in mind that in order to add reliability to your SIRI read you need to watch what XMSR is doing
[10:36] {curtisweese} since i only need a $.02 or so shifts (or so i plan), it is great for me...high liquidity and constant fluctions of about $.10 and I believe it is on the upside, so trend is my friend....(or so i hope!!!..hahahaha)
[10:36] {curtisweese} that is great advice, Threei for sure...i haven't been diligent as much as I should with following XMSR....thanks!
[10:43] {curtisweese} 14 min till Armegeddon :)
[10:44] {Threei} 30... armageddon is at 2:15 today
[10:48] {dino} i need more patience, cpts got to 16.40
[10:49] {Threei} good read
[10:49] {curtisweese} greeeeeed lol
[10:49] {dino} abfs
[10:49] {bruce} bang - your cpst cover would have just triggered dino - nice read
[10:49] {dino} but i chickened out
[10:49] {bruce} you got .50 though - still nice - gret read
[10:49] {dino} ty
[10:50] {dino} bruce, oih, fslr, spwr, jaso
[10:50] {dino} all down big
[10:51] {bruce} yes - watching
[10:56] {lumdus} bruce, what we watching now ?
[10:57] {Threei} TV
[10:57] {lumdus} which show ?
[10:57] {curtisweese} cnbc for me
[10:57] {Threei} Feds Interrupted
[10:58] {dino} vh1
[10:59] {dptl} wierd russian show about zombies here
[10:59] {lumdus} i would take yrcw .. but i am not going to be "too chasey" .. love that phrase vad
[10:59] {Threei} lol dp
[10:59] {Threei} why do you need more zombies, there are enough of those in the market
[11:00] {dptl} :)
[11:00] {bruce} amag, hans, jec sigm among others lum
[11:00] {lumdus} any connection bruce ?
[11:00] {dino} fxre
[11:01] {bruce} just fair sized moves in them lum
[11:01] {dino} wow
[11:01] {lumdus} will take short nbr if it breaks 26.67
[11:01] {Threei} yesss
[11:02] {lumdus} yes what ?
[11:02] {Threei} nopw on top of all my Nigerian and Ivory Coast luck, guys from Sierra Leone want to give me 12.3 mil
[11:02] {Threei} just how much luck can one person have
[11:02] {dptl} lol
[11:02] {bruce} russian zombies are the worst dp
[11:03] {bruce} especially watch out for those w cats following
[11:03] {bruce} scary stuff
[11:03] {lumdus} i am lost , have no idea what you talking about
[11:03] {bruce} geesh lum
[11:03] {bruce} join the club
[11:03] {bruce} we're all lost
[11:03] {Threei} lol
[11:04] {Threei} come on lum... don't you know, nigerian guys running around, offering you big money...
[11:04] {bruce} our fearless leader is in coma
[11:04] {bruce} and we're just barely keeping him awake with trout slaps
[11:04] {Threei} my news supply has no FXRE symbol
[11:05] {Threei} can't check on news
[11:05] {Threei} but with this spread... no real need :)
[11:06] {Threei} bruce, I'll have to disappoint you
[11:06] {Threei} my coma is too deep and permanent to be broken with trout
[11:06] {bruce} I know vad
[11:06] {bruce} we gave up breaking it
[11:07] {bruce} just try to keep you from slipping into deeper coma
[11:07] {Threei} 6 min till popcorn time
[11:08] {lumdus} short NBR 26.67 stop 26.71
[11:10] {curtisweese} doh!
[11:11] {curtisweese} the tight stops are everything aren't they? such an easy thing to do in theory and sooooo hard in practice...grrrr
[11:11] {Threei} gets easier with practice
[11:11] {LaserDave1} here comes the market going nuts
[11:11] {lumdus} curit, i had tight stop because popcorn time.
[11:11] {lumdus} so i took .05 loss
[11:12] {curtisweese} lumdus, but that was a smart play....even though you lost a tad.....still smart exit!
[11:12] {Threei} keeping NVDA on screen as possible follower if I get read on market direction
[11:12] {lumdus} if it wasn't pop time i would have had stp 26.81
[11:12] {magoo} i minute.I CAN'T TAKE IT!!!!!!!!!!!!!!!!!!!
[11:12] {dino} .50
[11:13] {magoo} hgalf
[11:13] {curtisweese} nice
[11:13] {lumdus} in xmsr 11.79
[11:13] {lumdus} stop 11.72
[11:13] {Threei} half point as expected
[11:13] * bruce slaps magoo around a bit with a large trout
[11:14] {bruce} sigm dino - nice pop
[11:14] {magoo} 1 vote rate change he wanted
[11:14] {Threei} short time IMO
[11:14] {dino} run it up 120, then to negative
[11:15] {magoo} aapl?
[11:15] {Threei} anything that follows market
[11:15] {Threei} NVDA, AAPL, RIMM... QID long
[11:15] {Threei} NVDA +.25 since short alert
[11:15] {lumdus} banks happy
[11:15] {Threei} .30
[11:16] {Threei} little bounce now, and short at will, this market is dead in the water, IMO
[11:17] {magoo} rimm nears day high
[11:17] {Threei} if chose NVDA for shorting, stop .21
[11:18] {lumdus} short grmn 69.85 stop 70.01
[11:18] {lumdus} ok, let's see if we dead in the water now
[11:19] {Threei} half out NVDA +.25
[11:19] {magoo} I'M TOO TOO NERVOUS
[11:19] {lumdus} stop on grmn 69.83 not taking a loss on this
[11:19] {Threei} stop .11
[11:19] {lumdus} me too magoo.
[11:20] {magoo} i'm kidding tho lol
[11:20] {lumdus} out grmn 69.73 +.10
[11:21] {magoo} vad, what entry u get nvda short?
[11:21] {Threei} .10 on bounce
[11:21] {Threei} missed first time
[11:21] {Threei} while typing alert, lol
[11:22] {magoo} rimm interesting here, not in
[11:22] {magoo} mkts up again
[11:22] {dino} l sm spwr .42
[11:22] {curtisweese} in SIRI 3.06
[11:23] {dino} theres my 120
[11:23] {curtisweese} nice
[11:24] {dino} out spwr 71.42, +1.00
[11:25] {dino} dwsn l .89
[11:26] {Threei} -Vote 9-1 for Target Rate (Fisher dissented, preferred rates unchanged); Discount Rate cut decision was unanimous
[11:26] {Threei} -Credit tightened further for business and households, sees "deepening contraction" in housing market slump, with softening in labor markets
[11:26] {Threei} - Fed in its statement says financial markets remain under considerable stress, Fed notes will act in timely manner as needed to address economic risks,
[11:26] {Threei} and rate cut should promote moderate growth, yet risks remain.
[11:26] {Threei} - Fed expects inflation to moderate in coming quarters
[11:28] {bruce} wow - rate cut last week - rate cut this week- stimulus package w refund to all taxpayers
[11:29] {Threei} can you say "running out of ammo"?
[11:29] {bruce} kind of smells of fear
[11:29] {Threei} can you say "inflation galore"?
[11:29] {bruce} when was last time we got tqax rebate vadster?
[11:29] {Threei} try never
[11:29] {bruce} yeppers
[11:29] {Threei} unless you are in Alberta and got "prospreity check"
[11:30] {bruce} ah - forgot about thqat one
[11:31] {bruce} changing topic _ I thought you didn't play first fomc move vad?
[11:31] {Threei} i didn't
[11:31] {Threei} I let it jump without me
[11:31] {bruce} k
[11:32] {Threei} bidding NVDA balance .65, stop to 25.01
[11:32] {dino} rbcn
[11:33] {Threei} actually
[11:33] {Threei} changing my mind
[11:33] {Threei} stop is 25.01 alright
[11:33] {dino} stopped dwsn -.40
[11:33] {Threei} cancelling cover
[11:33] {Threei} if I am right and market dies serious death now, it goes much lower
[11:34] {dino} dwsn, rinsed
[11:34] {Threei} .65 was reached... let's see now whether greed got better of me :)
[11:35] {lumdus} vad, but watch ho far grmn can fall. it knows alot better :)
[11:35] {Threei} yeah but I can't play size on GRMN
[11:36] {lumdus} vad, my xmsr still might work long for me. 11.79 was in with stop 11.72
[11:36] {Threei} lol... curtis guess what I just did
[11:36] {lumdus} hey, you never know
[11:36] {curtisweese} what?
[11:36] {Threei} scalped 2 cents on your beloved SIRI {G}
[11:37] {Threei} added liquidity on both entry and exit
[11:37] {Threei} almost commissions free trade
[11:37] {curtisweese} nice!!! hahah...i'm waiting for 3.10 since i'm only trading 650 shares during training. normally 2 is enough for me!
[11:37] {curtisweese} $.02 that is ;)
[11:38] {Threei} argh, could have whole 3 cents {G}
[11:38] {curtisweese} here comes .10...come on baby!!
[11:38] {Threei} ok, you are making a mistake here as far as training goes
[11:38] {curtisweese} oh..what
[11:38] {Threei} you have MPP already, no?
[11:39] {curtisweese} what is that? made profit?
[11:39] {Threei} it was mailed separately from the rest of package, so not sure it reached you yet
[11:39] {Threei} master profit plan book
[11:39] {curtisweese}
[11:39] {curtisweese} just got it...haven't checked it yet...after hours today
[11:39] {Threei} OK, practical trading part
[11:39] {lumdus} stop on xmsr b/e 11.79
[11:39] {Threei} decsribes how paper trading and small shares should be done
[11:40] {Threei} one of principles is,
[11:40] {Threei} trade as you would with real size
[11:40] {Threei} no adjustment for your current size, it defeats the purpose
[11:40] {Threei} you aim to learn how to trade with certain share size,
[11:40] {curtisweese} got you...and call fees tuition...
[11:41] {Threei} how do you learn it if you change your stops and targets for the "training size"
[11:41] {lumdus} curits, when you start trading for real. Post your trades, if you act stupid, you get slapped. . I am telling you will do very well
[11:42] {Threei} and if for no other reason... we will get a pleasure of slapping you
[11:42] {curtisweese} hahah
[11:43] {lumdus} yeah, but i am serious. vad will catch your mistake and you wont make it again.
[11:43] {curtisweese} cool!!!
[11:44] {Threei} die market
[11:44] {Threei} show dp what real zombies look like
[11:44] {lumdus} why you want it to die ? i need my xmsr to shoot the roof
[11:44] {Threei} ummm... because I am short NVDA
[11:44] * magoo slaps curtisweese around a bit with a large trout
[11:44] {dptl} lol
[11:45] {Threei} that's training slap curtis... wait till you start trading real size
[11:45] {curtisweese} well bought 650 siri at 3.06 and was holding to cover commissions with small amount of shares..... selling now at 3.09.....
[11:45] {curtisweese} sold!
[11:45] {curtisweese} $.03 scalp :)
[11:46] {magoo} vad, any read RIMM?
[11:46] {magoo} AAPL?
[11:46] {lumdus} common xmsr - why can't you just go up ?
[11:47] {Threei} hmmm
[11:47] {magoo} OY
[11:47] {Threei} conflicted a bit here mags
[11:47] {Threei} my strong feeling for the market is down
[11:47] {Threei} RIMM charts has no indication of setup
[11:48] {curtisweese} there goes SIRI
[11:48] {Threei} for short I mean
[11:48] {curtisweese} broke 3.10 resistance
[11:48] {curtisweese} is that right term for the top?
[11:48] {Threei} and I don't feel like going long on it
[11:48] {dino} c'mon 3i, how do you really feel
[11:48] {lumdus} stop on xmsr 11.83
[11:48] {magoo} vad, my minute charts of rimm and qqq are identical
[11:48] {lumdus} dino, i feel xmsr about to give me huuuuge
[11:49] {dino} lol
[11:49] {curtisweese} how do i tap into this "feel" technique?
[11:50] {bruce} curtis -
[11:50] {Threei} stopped NVDA balance
[11:50] {bruce} first you drink large quantities ofbeer and vodka
[11:50] {curtisweese} check!
[11:51] {bruce} then you get a cat that disconnecxts your internet connection for you
[11:51] {bruce} then you do terrible unspeakable things to a donkey
[11:52] {curtisweese} mule doesn't work, eh?
[11:52] {dino} lol
[11:53] {bruce} no\needs to be donkey
[11:53] {bruce} and youneed to attach a crayon to his tail
[11:53] {bruce} or maybe it's just his butt
[11:53] {bruce} vad can confirm
[11:54] {bruce} then you go into deep coma curtis
[11:54] {lumdus} stop on xmsr 11.87 not looking to hot
[11:54] {bruce} about that point you'll be ready for feel
[11:54] {Threei} short RIMM small
[11:54] {Threei} stop just above 95
[11:56] {magoo} in rimm vad.77
[11:56] {magoo} small
[11:56] {dino} xlf s .05, stop .21
[11:57] {magoo} stoppeed
[11:57] {magoo} 3 pm..sell or run to bell?
[11:57] {magoo} dunnop
[11:57] {Threei} no idea
[11:57] {lumdus} xmsr stop moved to 11.89 nice and tight
[11:57] {Threei} initial pereception was wrong
[11:58] {magoo} dunnop=dunno
[11:58] {magoo} i dunno either
[11:58] {bruce} tough to play rimm with such small stops
[11:58] {Threei} quite justified in this case bruce
[11:58] {magoo} well, with 200 or 300
[11:58] {magoo} can allow wiggle
[11:58] {bruce} understood - nice potential
[11:58] {bruce} I like it
[11:59] {bruce} was worth the try
[11:59] {magoo} everyone thought tank regarless of .25 or guess what? UP
[11:59] {magoo} could pullbk hard
[12:00] {dino} back in 10
[12:00] {bruce} nvda spike
[12:02] {lumdus} xmsr needs to break 12.00 now !!
[12:02] {lumdus} and no, no going down just for vad .. got that !
[12:03] {Threei} nope
[12:04] {lumdus} oh, vad xmsr .. when it goes through 12 i have good one
[12:04] {Threei} just did
[12:05] {lumdus} offering xmsr 13.75 .. ha haa
[12:06] {lumdus} stop on xmsr 11.94
[12:06] {dino} xlf stopped -.16
[12:07] {lumdus} vad, my 11.94 stop on xmsr ok ?
[12:08] {Threei} quite
[12:10] {dptl} nvda short?
[12:10] {Threei} doesn't look like that
[12:10] {Threei} holding near the high during market pullback
[12:10] {dptl} rght
[12:10] {dino} sm, s fxre .86
[12:11] {lumdus} stop on xmsr 11.97
[12:15] {lumdus} in sgp 19.45
[12:15] {lumdus} stop 19.35
[12:16] {dino} shpgy
[12:19] {lumdus} dino what is shpgy ?
[12:19] {dino} shire plc, drugs
[12:21] {bruce} clwr on break of 13 dino?
[12:21] {lumdus} stop on sgp 19.43 .. getting late in the day
[12:22] {curtisweese} in on xmsr at 12.00
[12:23] {lumdus} xmsr you fail 12.00 and i say goodbye
[12:26] {dino} cycc
[12:30] {curtisweese} DOH! hehe...i accidently sold xmsr at the same price i bought it for.....tuition
[12:32] {lumdus} sgp new stop 19.45 (b/e)
[12:33] {dino} clwr long bruce?
[12:34] {bruce} thats what I thought dino
[12:34] {bruce} not relly moving at moment though
[12:35] {dino} y stuck, but a break yes
[12:36] {bruce} moving now
[12:36] {dino} goig for negative
[12:36] {dino} going
[12:36] {Threei} enough time for Dow to go red?
[12:36] {lumdus} out xmsr 11.99 + .20
[12:37] {dino} yes
[12:37] {dino} gj lum
[12:38] {lumdus} tx dino. still in my last trade for the day (per my rules) sgp 19.45 stop b/e maybe i get some who knows
[12:38] {magoo} u like nvda short
[12:39] {Threei} no
[12:39] {Threei} lost mobility
[12:39] {Threei} too narrow
[12:40] {curtisweese} buying SIRI at $3.09 for $.02 end of day scalp :) ( at least i'm thinking $.02)
[12:40] {dino} you talking about magoo's lack of mobility?
[12:40] {Threei} lol
[12:40] {curtisweese} uh oh...not is going wrong way.....
[12:40] {magoo} as i drive by dinos office on a new rascal mobilitynscooter
[12:41] {dino} i'd like to see you doing that\
[12:41] {bruce} wow - bet you look real cool on it mags
[12:41] {bruce} you got a helmet for it?
[12:42] {bruce} and a nice basket
[12:42] {bruce} gotta have a basket
[12:42] {dino} lol
[12:42] {magoo} i have a bell
[12:42] {patience} a beer basket
[12:42] {dino} indeed
[12:43] {dino} i think george castanzza had one
[12:43] {Threei} red
[12:43] {dino} dji negative vad
[12:43] {Threei} yup
[12:43] {lumdus} common sgp, you can go up
[12:43] {bruce} can carry geritol in the basket too
[12:43] {dino} he's not "that" old
[12:44] {bruce} lol
[12:44] {bruce} never hurts to be prepared
[12:45] {bruce} pretty wild moves - up then down
[12:45] {lumdus} ok, done out sgp 19.48 +.03
[12:45] {dino} ndaq and nyx taking a beating today
[12:45] {lumdus} have a good evening all - great day in the room
[12:46] {bruce} night lum
[12:46] {dino} later lum, gj
[12:46] {dino} hate to do it but...dieeeeeeee fxre
[12:48] {bruce} xl dino 2 buck dump
[12:48] {bruce} 3 actaul;ly
[12:48] {LaserDave1} hey guys if you are using laser
[12:48] {LaserDave1} please use ARCA
[12:49] {LaserDave1} have route out arca checked
[12:49] {dino} cov fxre .39, +.47
[12:49] {magoo} why dave?
[12:49] {magoo} been bad quotes
[12:50] {dino} calling it a day, double daily
[12:51] {Threei} thank you all
[12:51] {Threei} have a good evening, see you tomorrow
[12:51] {bruce} congrats dino
[12:51] {magoo} vad, whats dave trying tio do?
[12:51] {magoo} with arca
[12:51] {bruce} thanx vad
[12:51] {dino} thx for ideas bruce
[12:51] {dptl} have a good evening all
[12:52] {dino} take care all
[12:55] {bruce} welcome dino
[13:02] {bruce} night everyone

Tuesday, January 29, 2008

January 29, 2008

Session Start: Tue Jan 29 00:00:00 2008

Session Time: Tue Jan 29 00:00:00 2008

[05:38] {magoo} mornoing
[05:40] {Threei} good morning
[05:41] {hawkfan4} good morning Mags, Vad, all
[05:42] {Threei} magoo, hawk :)
[05:54] {cosmo} ZRAN (beats/warns) pre mkt high = 12.15 fwiw
[05:55] {magoo} can u estimates and crushed 23 points
[05:57] {esemde} good morning
[05:58] {Threei} ese :)
[05:59] {Threei} [VMW] VMware Sees 2008 revenue up about 50% - conf call
[05:59] {Threei} - Implies 2008 sales of about $1.995B v $2.08Be.
[05:59] {Threei} - Sees 2008 non-GAAP operating margins in mid-20%s. Q1 margins expected to be seasonally lower.
[06:00] {Threei} 07:43am [VMW] Shares cut to average from buy at Caris; Price Target $60
[06:01] {Threei} just goes to show mags...
[06:02] {dptl} good morning all
[06:02] {Threei} as usual, attempts to predict market movements off the common sense are doomed
[06:02] {Threei} dp :)
[06:05] {magoo} yeah
[06:08] {Threei} AAPL strong
[06:09] {magoo} wasn't aapl high yesterday like 136?
[06:09] {Threei} I show 132.68
[06:10] {magoo} ok
[06:12] {Threei} bruce, how are you coping with cold?
[06:12] {Threei} tv says -50 C... true?
[06:13] {dino} gm all
[06:13] {Threei} dino :)
[06:14] {dino} wow, that's cold
[06:14] {dino} i'm not moving there, we get -10 and i've about had it
[06:15] {Threei} no kidding dino
[06:15] {esemde} SNDK revs down about 100 mil trading down about 6%
[06:15] {bruce} trying to stay inside vad
[06:15] {bruce} definitely frosty
[06:16] {cosmo} LMRA: Lumera receives order and enters into agreement with Lockheed Martin
[06:16] {cosmo} (Tue 8:46am)
[06:16] {bruce} spent 40 mins shovelling snow yesterday - not fun
[06:16] {Threei} -50 C = -58 F
[06:16] {bruce} wind chill
[06:16] {bruce} its about - 36 w/out wind
[06:17] {bruce} just plain nasty frankly
[06:17] {esemde} -50 whoaaa ...where do you live Bruce
[06:17] {bruce} central canada - saskatchewan here
[06:17] {Threei} [LMRA] Lumera Corporation Receives order from Lockheed
[06:17] {Threei} - Received a purchase order from Lockheed Martin for Lumera's high electro-optic activity materials. The term of the existing agreement was extended through December 31, 2009, during which time Lockheed Martin will advise Lumera of its intentions regarding a commercial license for the materials.
[06:17] {bruce} we have a couple weeks a yr of this really frosty stuffr most yrs
[06:18] {dino} man....that's cold
[06:18] {esemde} I'm from from Central from Indian Head...lived in Regina....
[06:19] {bruce} stoon here ese
[06:19] {bruce} small world
[06:19] {magoo} bruce, u in a city up there or remote?
[06:19] {esemde} thats too bad....
[06:19] {bruce} city mags
[06:19] {bruce} saskatoon
[06:20] {bruce} can get frostbite w/out even realizing it at these temps
[06:20] {bruce} need to dress for it
[06:21] {esemde} never liked Stoon...lost a provincial chess semi final to some guy from Stoon..lost a high school badminton semi final to some guy from Stoon...lost my first girlfriend to some guy from Stoon....
[06:21] {Threei} you are a chess player ese?
[06:22] {bruce} sorry ese
[06:22] {esemde} indeed...but not much anymore.
[06:22] {esemde} vad
[06:22] {bruce} had fun with your gfriend though
[06:22] {Threei} same here... :)
[06:22] {dino} es, stay away from stoon
[06:22] {dino} lol
[06:22] {esemde} would have to really study it again ...but do play for fun
[06:22] {Threei} haven't played really since early college
[06:22] {esemde} tks dino...
[06:23] {cosmo} "The Studs of Stoon"
[06:23] {cosmo} ...comming soon
[06:23] {esemde} strategy now is just to survive first 5 moves
[06:23] {cosmo} coming
[06:23] {bruce} lol cosmo
[06:23] {Threei} but did take 2-3 place in USSR junior championate ages ago
[06:23] {esemde} tks and you bruce....
[06:24] {esemde} well if you can play anywhere near that vad
[06:24] {esemde} i'm no competetion for you
[06:24] {Threei} replace can with could...
[06:24] {bruce} vmw dino
[06:24] {esemde} it was fun
[06:25] {dino} watching it bruce, lowered guidance, so, want to wait
[06:25] {bruce} k
[06:25] {esemde} use to study all the intros...great moves...try to replay classic games...
[06:25] {esemde} chess club at school
[06:27] {bruce} amag may be long bounce candidate
[06:31] {Threei} VMW 58 break short if consolidates closer to it
[06:31] {magoo} not avail
[06:31] {Threei} and jjumped too far anyway
[06:31] {dino} saddle-up
[06:32] {cosmo} zran
[06:33] {Threei} AAPL short small closer to 132
[06:33] {Threei} finger on a trigger
[06:34] {dino} watching it cos
[06:34] {Threei} in
[06:34] {magoo} in
[06:34] {Threei} .55 stop
[06:34] {magoo} .43
[06:35] {magoo} out .10 TY
[06:35] {Threei} out .90
[06:35] {magoo} dammit
[06:35] {Threei} +.55
[06:35] {magoo} in scalp mode from yesterday
[06:36] {Threei} me too
[06:36] {magoo} +.33
[06:36] {dino} stay there magoo
[06:37] {Threei} looking to reapeat if looks like double top
[06:38] {Threei} not so far
[06:39] {Threei} NUAN .56 long if stays above .40
[06:39] {Threei} slow one
[06:40] {dino} sm l spwr .85, stop .35
[06:41] {Threei} AAPL long .20
[06:41] {Threei} if stays above 132
[06:41] {esemde} half lot long JBLU 5.36
[06:41] {Threei} invalidated, rather pullback long closer to 131.50
[06:42] {bruce} you waiting for .85 to trigger trade dino?
[06:42] {dino} stopped
[06:42] {Threei} didn't get close enough for entry
[06:42] {bruce} k
[06:43] {bruce} bidu dino? - down 5 bucks
[06:44] {Threei} 5 bucks is nothing in BIDU terms bruce
[06:44] {magoo} sheesh btruce
[06:44] {magoo} goes down 35 points
[06:44] {dino} no bruce, bidu tough
[06:44] {bruce} k - thanx guys
[06:44] {magoo} aapl vad?
[06:44] {dino} i want an easy day today bruce, keep searching:)
[06:45] {Threei} a bit lower I think
[06:46] {bruce} easy day - sounds good to me
[06:47] {Threei} get ready mags
[06:47] {magoo} naz still falling
[06:48] {Threei} either .50 break or dive closer to 131
[06:48] {magoo} dive
[06:48] {Threei} I like dive idea better
[06:49] {Threei} not falling with NASDAQ anymore
[06:49] {Threei} out +.45
[06:49] {magoo} well..missed entry
[06:50] {Threei} got .51
[06:50] {magoo} nice
[06:50] {dino} jaso l .25
[06:50] {magoo} way fast
[06:50] {bruce} tech short near here dino?
[06:51] {dino} yeah
[06:52] {dino} jaso stopped
[06:52] {Threei} DNDN
[06:52] {magoo} OY
[06:52] {Threei} rumors
[06:52] {magoo} nver works imho
[06:53] {magoo} qid bounce vad?
[06:53] {magoo} oops
[06:53] {magoo} wrong way
[06:55] {Threei} missed AAPL this time, was way too fast on dive
[06:55] {esemde} out JBLU even...
[06:57] {bruce} I have no idea how to read aapl at this point - simply looks like a mess to me
[06:57] {dino} nice tech bruce, i missed was at .85
[06:58] {bruce} thanx dino
[06:59] {Threei} NUAN was nice short of support break...
[06:59] {Threei} maybe bounces for another chance
[07:00] {magoo} but it was a long call setup right?
[07:00] {Threei} JAN CONSUMER CONFIDENCE: 87.9 V 87.0E
[07:00] {Threei} it never triggered on a long side and broke support instead
[07:03] {Threei} ATAI IPO OPENS FOR TRADE AT $9.50
[07:03] {Threei} nice timing
[07:12] {dino} oih green
[07:12] {dino} jaso here. .25 sm
[07:17] {dino} can't get thru .55
[07:17] {esemde} ESLR bstop 12.28....
[07:22] {Threei} FSLR
[07:23] {magoo} could go 30 points if so vad
[07:23] {magoo} a bidu personality
[07:24] {Threei} I'd rather try to find sympathy play if it does
[07:24] {dino} sm l vmw .75 risky, wide
[07:25] {bruce} watching it dino - but would prefer to see it sell off even more
[07:26] {Threei} SOLF .71 long half lot
[07:27] {Threei} stop under .50
[07:30] {magoo} u in?
[07:30] {dino} you're right bruce stopping it
[07:30] {Threei} yes
[07:32] {Threei} .55 stop
[07:32] {Threei} bottomed at .58 before triggering
[07:34] {dino} vwm wild ride
[07:36] {Threei} no worky SOLF
[07:37] {bruce} fast mover - good thing you're going for easy ones today dino
[07:39] {dino} lol
[07:40] {dino} i'm sizing down today, things are strange, imo
[07:40] {bruce} k
[07:41] {Threei} market is trying to decide how to go about tomorrow's fed
[07:42] {bruce} Ihave trouble w your qid trades vad
[07:42] {bruce} hard to figure out where to exit them
[07:42] {bruce} somethimes moves 8c - sometiems 40
[07:42] {dino} i get stopped alot on qid
[07:43] {bruce} doesn't seem to be any rythm or reason to moves
[07:44] {esemde} am long by the way ESLR at .27
[07:44] {bruce} cinf short dino?
[07:44] {dino} if vmw breaks 57, maybe long
[07:44] {esemde} got distracted forgot to announce the fill
[07:44] {dino} needs more imo
[07:45] {bruce} k
[07:46] {Threei} NUAN 16 break short
[07:54] {dino} can jaso get thru .60
[07:55] {dino} erts
[07:56] {dino} rick
[07:57] {dino} tech again bruce
[07:59] {dino} clmt
[07:59] {bruce} yes - and erts looks good here
[07:59] {dino} crazy
[07:59] {dino} thin
[07:59] {Threei} VMW 56 short small shares if stays below .35
[08:00] {Threei} ugh, not in short list
[08:00] {magoo} u can get it??
[08:00] {Threei} forgot
[08:00] {Threei} nice headfake SOLF
[08:01] {dino} out jaso .75, +.50
[08:02] {bruce} nice dino
[08:03] {dino} ty, lucky
[08:04] {dino} sm s tech .64
[08:05] {dino} didn't expect that
[08:07] {Threei} FSLR hels your ESLR trade ese
[08:07] {bruce} great entry for tech
[08:07] {dino} helps them all it seems
[08:07] {Threei} CSIQ is not very enthusiastic
[08:07] {dino} always cut jaso too soon
[08:07] {esemde} yes it trade 3 day highs right Vad
[08:07] {Threei} used to be much mofe responsive
[08:08] {magoo} [10:23] {magoo} could go 30 points if so vad
[08:08] {magoo} [10:23] {magoo} a bidu personality
[08:08] {magoo} [10:24] {Threei} I'd rather try to fin
[08:08] {dino} ibm l .00, sm
[08:08] {esemde} Vad you trade 3 day highs correct..
[08:08] {Threei} sure
[08:09] {Threei} and two
[08:09] {esemde} because ESLR is there now.....
[08:09] {dino} ibm stop to b/e
[08:09] {esemde} don't know if you can give me a sense on how it will perform or not
[08:09] {esemde} iis that possible..
[08:09] {Threei} can't tell ese, simply because I don't think ESLR is moving on its own merits
[08:10] {Threei} I see it as FSLR sympathy at this point
[08:10] {esemde} ok
[08:11] {dino} ibm stopped flat
[08:13] {esemde} I gone for the day everyone....have a good rest of it...
[08:13] {Threei} take care ese :)
[08:13] {bruce} you too ese
[08:13] {esemde} see ya bruce Vad
[08:13] {Threei} see how ESLR follows F-sibling?
[08:13] {esemde} yes
[08:13] {dino} vmw l sm .00
[08:13] {esemde} am gonna swing this for the rest of the day..
[08:14] {dino} rejected
[08:14] {dino} tech bstop to .44
[08:14] {bruce} hmmm - jaso entering short area dino?
[08:15] {dino} dk, watch oih imo
[08:17] {dino} vmw stop is .79
[08:17] {dino} tech stopped .44, +.20
[08:18] {dino} vmw stopped -.21, done w/it, too tough
[08:20] {Threei} CLWR
[08:21] {magoo} aapl read vad?
[08:21] {Threei} none
[08:21] {Threei} stalled in the middle of range, no slightest indication either way
[08:23] {dino} tech
[08:28] {Threei} 191 break long small shares FSLR, stop under .50
[08:29] {bruce} I like vmw long here dino
[08:29] {Chaeron} hey all
[08:30] {Threei} hi chaeron
[08:30] {dino} gm chaer
[08:31] {bruce} l vmw.74
[08:31] {dino} tech sm s break of .65
[08:33] {magoo} in fslr long
[08:35] {bruce} out vmw +.66
[08:35] {dino} wtg
[08:36] {dino} what was entry?
[08:36] {bruce} thanx dino
[08:36] {bruce} 56.74 -
[08:37] {bruce} looks like I exited early
[08:37] {dino} lol arounfd my stop
[08:37] {dino} gj bud
[08:37] {magoo} stropped fslr btew
[08:37] {bruce} thanx - announced liking it long then grabbed a retraceme4nt
[08:39] {bruce} your training dino- thanx
[08:41] {dino} :)
[08:41] {dino} ttes spike
[08:43] {dino} tech stopped -.48 sm
[08:44] {dino} vmw coming down
[08:46] {bruce} yes- could try a retracement long in vmw around here
[08:47] {magoo} whats its range today bruce?
[08:47] {dino} i'm at .56.34\
[08:47] {bruce} about 4.50so far mags
[08:48] {magoo} k
[08:59] {bruce} l vmw .62 out .82 quick scalp
[09:03] {dino} gj
[09:04] {bruce} thanx dino - prob not enough given risk but nice it worked
[09:08] {dino} s tech .50
[09:13] {dino} vmw going to retest?
[09:14] {bruce} no idea dino - just watching to see what it does here
[09:14] {dino} atls
[09:14] {bruce} vad - possible retest short for nuan - any read?
[09:15] {Threei} if stays under .15, still valid
[09:15] {bruce} on break of 16?
[09:15] {Threei} yup
[09:16] {Threei} 16.01 is low so far
[09:16] {bruce} k
[09:21] {dino} tech bstop to .26
[09:22] {dino} cov .26, +.24
[09:22] {bruce} nice dino
[09:23] {dino} ty
[09:23] {bruce} you think 16.08 or so could be valid stop nuan vad?
[09:23] {Threei} there are several resistance levels bruce,
[09:23] {Threei} .08, .11, .15, .21
[09:24] {Threei} really personal preference
[09:24] {bruce} k - I like small
[09:25] {dino} partial fill l atls .80
[09:28] {cosmo} LMRA
[09:30] {dino} vmw sm l .25
[09:31] {magoo} aapl long 50
[09:34] {magoo} just a scalp..waiting .88
[09:36] {magoo} no work
[09:36] {dino} wbmd
[09:36] {dino} thin
[09:40] {dino} out vmw .65,
[09:40] {dino} =.40
[09:40] {dino} +.40
[09:41] {bruce} nice dino
[09:41] {dino} ty
[09:44] {bruce} nihd hugging highs - any read vad?
[09:46] {Threei} no, not really
[09:46] {bruce} k
[09:46] {dino} fmcn blood
[09:56] {dino} vrus
[10:00] {dino} jaso sm s .10
[10:01] {magoo} dino just walked by with a brew
[10:02] {dino} atls stop to .24
[10:02] {dino} i wish magoo
[10:03] {magoo} i can make that happen for
[10:03] {dino} clwr
[10:03] {dino} too early magoo
[10:04] {dino} out atls w/slippage +.35
[10:04] {dino} ceco
[10:07] {dino} fmcn l .31
[10:08] {magoo} bruce, look bidu now..
[10:12] {bruce} got it on screen mags
[10:13] {bruce} I see what you mean about reange in it
[10:13] {dino} jaso stopped -.20
[10:15] {dino} cx no fill
[10:17] {dino} cov jaso .06, +.04
[10:17] {dino} vmw
[10:19] {dino} sbac
[10:20] {Threei} market elected to do nothing in order to pepare for fed
[10:20] {magoo} wake the hex up vad lol
[10:20] {Threei} locked in very narrow range
[10:20] {Threei} especially with ranges we had recently
[10:20] {magoo} it will do even less up to decision tomorrow
[10:21] {dino} sbac sm s .75
[10:21] {Threei} most often that's what happens mags, yes
[10:21] {Threei} activity dies down closer to announcement
[10:29] {magoo} powering up here it seems
[10:31] {dino} stopped sbac .55, cov. +.20
[10:33] {Threei} dunno magoo... don't count on any follow through IMO
[10:33] {Threei} this powering up just as easy turns to be accidental jerk
[10:34] {Threei} followed by just as accidenatl one in opposite direction
[10:37] {magoo} what u call me?? accidental jerk lol
[10:39] {Threei} hey, don't take it personally {G}
[10:40] {dino} fmcn stopped
[10:42] {bruce} jec dino
[10:44] {dino} l sm vmw .00 wide
[10:45] * Chaeron slaps LaserDave1 around a bit with a large trout
[10:45] {Chaeron} hey, don't take it personally {G}
[10:46] * magoo slaps LaserDave1 around a bit with a large trout
[10:46] {dino} i like it bruce
[10:47] {dino} l jec .45
[10:47] {LaserDave1} howdy guys
[10:48] {dino} gm ld
[10:56] {dino} vmw stopped .60 -.40
[10:59] {dino} sbac s .86, stop .12
[10:59] {dino} jec stopped -.30. gone cold
[11:01] {dino} grrr jec rinsed
[11:03] {dino} rbcn
[11:19] {bruce} out jec +.20
[11:20] {bruce} sorry about rinse in it dino - got lucky with a lower entry
[11:20] {bruce} taking a break
[11:22] {dino} it happens
[11:28] {Threei} FSLR is tempting
[11:28] {Threei} don't want breakout after the spike though
[11:28] {dino} rbcn s .30
[11:29] {Threei} pullback to 190 area would be compelling
[11:34] {Threei} getting interesting
[11:34] {Threei} want one more dive
[11:34] {Threei} closer to 190
[11:35] {Threei} with support level for a stop 189.50
[11:36] {Threei} in
[11:36] {Threei} out .85
[11:37] {Threei} +.81
[11:37] {Threei} anyone followed?
[11:37] {Threei} clean chart
[11:37] {Threei} dropped right into suppoert and bounced right off it
[11:39] {Threei} am I here?
[11:40] {Roman} test
[11:41] {Threei} noone here but us Roman
[11:43] * Threei slaps magoo around a bit with a large trout
[11:43] * Threei slaps Chaeron around a bit with a large trout
[11:44] {magoo} hey
[11:44] {Threei} oops... I thought I was alone here
[11:45] {Threei} now that I know I am not:
[11:45] {magoo} nice read..of course i was on phone
[11:45] * Threei slaps magoo around a bit with a large trout
[11:45] {Threei} ugh... sorry :(
[11:45] {Threei} FSLR rarely give such clean trade
[11:45] {Threei} gives
[11:45] * LaserDave1 slaps magoo around a bit with a large trout
[11:48] {magoo} :)
[12:01] {bruce} can we play rewind and do that trade over?
[12:03] {magoo} really..don't seem right that vads only 1 to profit on it
[12:04] {bruce} agreed mags
[12:04] {bruce} really deserves a trout
[12:04] {bruce} he waited till I took break to do that
[12:04] {Threei} and I alerted 8 minutes before actual setup... I just can't please, can I? :)
[12:04] {bruce} see how he does that day after day?
[12:04] {magoo} and he actually paid someone to distracrt me w/phone call
[12:05] {Threei} pure evil, lol
[12:05] {magoo} smack him it..we all did
[12:05] {bruce} yes - and he made my dogs force me into taking them out right then
[12:05] * bruce slaps Threei around a bit with a large trout
[12:05] {Threei} dogs?? in -50??
[12:05] * magoo slaps Threei around a bit with a large trout
[12:05] {bruce} well - you know the laternative?
[12:05] {Threei} gosh... you must really really love them
[12:06] {bruce} dogs run my life
[12:06] {Threei} actually who am I to judge, cat runs mine
[12:06] {bruce} that and mother market
[12:06] {bruce} they're happy now
[12:07] {bruce} when they can't keep paws in snow it's cold out
[12:09] {bruce} vmw's movin now
[12:15] {bruce} shld short here dino?
[12:20] {dino} dk bruce, kind of out of it this p.m.
[12:20] {dino} nyx l .75
[12:21] {bruce} k
[12:23] {dino} rbcn stopped sheesh
[12:23] {bruce} my levle 2 doesn'tseem to be showing mms
[12:24] {Threei} on what?
[12:24] {bruce} great entry in nyx dino
[12:24] {Threei} looks OK here bruce
[12:24] {bruce} Ithere we are - matr lehman is showing
[12:29] {dino} out nyx .00, +.25
[12:29] {bruce} nice trade dino
[12:30] {dino} ty bruce, went cold for a bit
[12:31] {dino} lots of rinses today
[12:31] {dino} look rbcn, major rinse
[12:32] {dino} jaso l .51, wide, sm
[12:44] {Threei} FSLR is about to become interesting again
[12:46] {Threei} in
[12:46] {bruce} you're thinking long fslr about 190 or so?
[12:46] {Threei} got 189.70
[12:46] {bruce} k
[12:46] {Threei} out
[12:47] {Threei} +.60
[12:47] {bruce} nice trade vadster
[12:47] {bruce} 5 k shares?
[12:47] {Threei} it actually move in synch with NASDAQ
[12:47] {magoo} god dammit vadf
[12:47] {magoo} on phone w/bus again
[12:47] {Threei} jeez
[12:47] {bruce} vads buyin the beer
[12:47] {magoo} u pull that shit
[12:48] {magoo} but allday stare and u got nuttin
[12:48] {Threei} me?? pull the cord out of the wall!!
[12:49] {bruce} ah mags - you upset?
[12:50] {magoo} well, they are vads bogus phone callers
[12:50] {magoo} nigerians
[12:50] {Threei} lol
[12:50] {bruce} lol
[12:50] {dino} out jaso .75 +.24
[12:51] {magoo} just funnin with you...but really..waiting all day..get call..and u in and out
[12:51] {bruce} yeah
[12:51] * bruce slaps Threei around a bit with a large trout
[12:52] {Threei} what's your excuse bruce? dogs again??
[12:52] {magoo} yeah..good idea
[12:52] * magoo slaps Threei around a bit with a large trout
[12:52] {bruce} thats for upsettting mags
[12:52] {bruce} and not giving mre enough notice either!
[12:52] {dino} hit him for me too, just because..
[12:53] {Threei} lol
[12:53] * bruce slaps bruce around a bit with a large trout
[12:53] {bruce} and thats for not not taking it when I saw it - mind would have been a lte entry
[12:54] {bruce} see mags - vad is saving all the good ones forhimself
[12:54] {bruce} and his cat
[12:54] {bruce} bruce slaps vads cat around with a large trout
[12:55] {dino} magoo stuck w/phone to his ear today
[12:55] {bruce} oh?
[12:55] {bruce} crazy glue again?
[12:55] {dino} lol
[12:55] {bruce} you gotta stop using that stuff mags
[12:56] {bruce} must hurt like the dickens when you have to pull the phone off
[12:57] {Threei} oh boy
[12:57] {Threei} lost track of time
[12:57] {Threei} was hunting for another entry
[12:57] {bruce} yean
[12:57] {bruce} they rush by when you're being trouted
[12:57] {Threei} this kind of stocks can be totally mesmerizing
[12:58] {bruce} lookingat chart - that was probably single best trade of day in it
[12:58] {dino} i'm done for day. thx all
[12:58] {Threei} thank you all
[12:58] {Threei} tomorrow ill be inetersting
[12:59] {Threei} my feeling is, we are going to get big selloff after fed
[12:59] {bruce} thanx dino - green w your help today
[12:59] {Threei} gj bruce
[12:59] {dino} down, up, down all in 1 1/2 hours, all 100+
[12:59] {bruce} thanx vad
[12:59] {Threei} have a good evening, see you tomorrow
[12:59] {bruce} to0ugh month for me
[12:59] {dino} hang in there bruce
[12:59] {Threei} it's just tough month
[12:59] {Threei} no questions about that
[13:00] {dino} emkr
[13:00] {Threei} FBI OPENS INQUIRIES INTO 14 COMPANIES IN A SUBPRIME MORTGAGE PROBE - WSJ- FBI would not identify which companies are being looked at. The investigation is focusing on accounting fraud, securitization of loans and insider trading.
[13:00] {bruce} you play after market dino?
[13:01] {dino} not usually, my kids get off the bus at my office, so kind of tough to pay attn
[13:01] {dino} more of a summer thing
[13:01] {dptl} have a good evening all
[13:03] {dino} cya dp
[13:03] {bruce} same to you dp
[13:04] * Chaeron slaps LaserDave1 around a bit with a large trout
[13:05] * Chaeron slaps LaserDave1 around a bit with a large trout
[13:05] * Chaeron slaps LaserDave1 around a bit with a large trout
[13:05] {magoo} nite all
[13:05] * Chaeron slaps LaserDave1 around a bit with a large trout
[13:05] * Chaeron slaps magoo around a bit with a large trout
[13:07] {bruce} night mags

Monday, January 28, 2008

January 28, 2008

Session Start: Mon Jan 28 00:00:00 2008

Session Time: Mon Jan 28 00:00:00 2008

[05:49] {cosmo} MILE offers $292M in shares
[05:51] {Threei} Good morning
[05:53] {dptl} good morning all
[05:54] {Threei} dp :)
[06:03] {Threei} SPWR
[06:03] {Threei} - The store is the first of seven Wal-Mart facilities in California to receive high-efficiency solar power systems, totaling 4.6MW, and is part of a major purchase of solar power from SPWR and other solar power providers for approximately 22 Wal-Mart stores, Sam's Clubs.
[06:03] {Threei} - The stores included in the pilot project are expected to achieve
[06:04] {Threei} savings over their current utility rates as soon as the first day of operation.
[06:05] {cosmo} now, they need to sell some...
[06:06] {cosmo} cheap
[06:07] {esemde} morning rt's
[06:07] {Threei} ese :)
[06:09] {_windbreaker} GM
[06:09] {Threei} hi windbreaker
[06:11] {_windbreaker} do you guys trade futs here?
[06:11] {Threei} not as a primary vehicle
[06:11] {_windbreaker} okey
[06:12] {dino} gm all
[06:13] {Threei} dino :)
[06:13] {Threei} this whole thing with french rogue trader looks stranger by day
[06:14] {esemde} can anyone make s heads nor tails of it .....
[06:14] {Threei} it gets spinned as if he almost caused whole selloff around the world
[06:15] {Threei} or at least contributed to it to a degreee that made it such bigg selloff
[06:15] {esemde} I noticed that comment in CBS marketwatch yesterday...
[06:15] {dino} rumor has it the rogue trader had a subscription to realitytrader
[06:16] {magoo} morning rt
[06:16] {Threei} I am torn between "no comment" and denial sprinkled with feigned outrage
[06:16] {Threei} mags :)
[06:17] {esemde} now THAT!!!!!! was funny......
[06:17] {esemde} you need to up his subscription rate Vad
[06:17] {_pith} is hacking part pf the curriculum?
[06:17] {esemde} I hope so.........
[06:17] {cosmo} its upper division, i think
[06:18] {Threei} why ese, I am fine as long as he dccs me his trades...
[06:19] {dino} loles
[06:20] {Threei} I don't have much to say at this point guys, let's see how opening unwinds
[06:20] {Threei} in general, I feel bear contnues this week
[06:20] {Threei} we have fed approachinbg
[06:20] {Threei} (again)
[06:21] {Threei} and this hysterical emergency cut set all kinds of expectations for the meeting,
[06:21] {Threei} maybe 50 pts, maybe 75 again
[06:21] {Threei} whatever they do, market will be disappointed, IMO
[06:22] {cosmo} i expect a one point cut tonite.... during the speach
[06:22] {Threei} cosmo ups ante
[06:23] {Threei} me, I am patiently waiting for the day rates go negative and bank starts paying me for taking out the loan
[06:24] {Threei} so far, general idea seems to be, short the rallies
[06:25] {Threei} breakdowns don't generally work as nicely in bear market as breakouts do in a bull one
[06:25] {Threei} aggressive shorts off rallies is better way to go
[06:25] {Threei} not without its own challenges of course
[06:26] {Threei} laser users, you have indices quotes?
[06:27] {Threei} don't answer all at once
[06:28] {dptl} not here
[06:29] {Threei} OK, ty
[06:30] {Threei} DJI - 170, is it correct?
[06:31] {magoo} no
[06:31] {Threei} seems excessive vs SP and COMP
[06:31] {magoo} up 35
[06:31] {dptl} no
[06:31] {Threei} OK, thought so, ty
[06:31] {magoo} but mine wrong, dino said
[06:31] {esemde} no mine says + 34
[06:32] {Threei} watching AAPL for short on bounce
[06:32] {Threei} 127 support to break
[06:33] {magoo} u watching qid at all?
[06:33] {Threei} broke with no bounce... no entry, waiting
[06:33] {Threei} not at the open mags
[06:33] {magoo} k
[06:34] {Threei} AAPL, small shares short on spike over .50
[06:34] {Threei} stop above 128
[06:34] {Threei} offering .75
[06:35] {Threei} too optimistic probably
[06:35] {lumdus} gm all.
[06:35] {Threei} lum :)
[06:35] {magoo} in .47
[06:35] {Threei} stop above .80 mags
[06:35] {Threei} and you got over 1:1
[06:36] {Threei} over 1:2 even
[06:36] {Threei} I mean 1:3
[06:36] {magoo} ouy here .72
[06:36] {Threei} whatever... cover half at least
[06:36] {magoo} OUT
[06:36] {Threei} in full?
[06:36] {esemde} watchin JRCC...
[06:36] {magoo} yes
[06:36] {Threei} OK, wtg
[06:36] {magoo} half lot
[06:36] {Threei} me was too greedy
[06:36] {Threei} on entry that is
[06:37] {magoo} i was watching your entry, but saw qqq tanking so went for it
[06:38] {Threei} KLAC
[06:38] {Threei} want bounce to short
[06:38] {magoo} klac hasn't been cooperating vad
[06:38] {Threei} no but we tried breakdown
[06:39] {Threei} I am staying away from those today
[06:39] {magoo} u the boss..just remember last 2 tries we did no go
[06:39] {dino} wag s .98
[06:39] {lumdus} athr
[06:39] {dino} stop is .33
[06:41] {Threei} KLAC short .09, stop .21, half lot
[06:42] {Threei} if breaks .20 before troggering, looking for entry above .30 with stop .51
[06:42] {dino} cov wag .66, +.32
[06:43] {magoo} mkt bounce imo
[06:43] {bruce} nice start dino -
[06:43] {dino} no
[06:43] {dino} ty bruce, no magoo
[06:43] {dino} glw l, somewhwhere bruce
[06:43] {magoo} its starting right here
[06:43] {magoo} just a bounce call
[06:44] {dino} wow, spelled that wrong
[06:44] {Threei} NASDAQ strength still
[06:44] {Threei} .39 short KLAC if stays below .50
[06:44] {Threei} if breaks resistance leaving it alone
[06:45] {dino} de all over again
[06:46] {Threei} invalidated KLAC, off screen
[06:46] {magoo} {hellava bounce call mr magoo}
[06:47] {cosmo} ACOR
[06:47] {cosmo} wants 26
[06:48] {dino} hey norbit (magoo) get back to work
[06:49] {esemde} JRCC bstop 1/2 11.61
[06:49] {Threei} watching QID for bounce scalp
[06:50] {bruce} matr short vad?
[06:50] {Threei} no read bruce, not my cup of tea
[06:50] {bruce} k
[06:51] {esemde} long JRCC .60 stop .30
[06:51] {dino} missed glw
[06:51] {Threei} QID, .06 long
[06:51] {Threei} stop under .90
[06:51] {bruce} was tough to see entry in it dino
[06:52] {dino} was at .65, got to .68, ugh
[06:52] {Threei} if loses .85, looking for entry closer to 50.50
[06:53] {magoo} in
[06:55] {Threei} half out
[06:55] {Threei} scalpers know what to do
[06:55] {Threei} for holders, stop to .99
[06:56] {esemde} stopped...look away fro one second BAST............30 - .30
[06:56] {dptl} out+.17 ty
[06:56] {Threei} welcome dp
[06:57] {magoo} out here .31 TY
[06:57] {Threei} :)
[06:57] {esemde} oh sure now go up ........
[06:58] {Threei} my stop to .05 for the balance, still trying to get another spike
[06:58] {Threei} me lazy and greedy
[06:59] {magoo} so am i..but i so lazy..don't wanna watch it any longer
[07:00] {Threei} *DEC NEW HOME SALES: 604K V 647KE
[07:01] {dino} wag s .00
[07:02] {Threei} market true to form still
[07:02] {Threei} shakeouts all around
[07:02] {magoo} nice strategy adjustment today vad
[07:02] {Threei} abandoning attempts to get more out of it, back to scalping
[07:02] {magoo} as in..shorting the spikes
[07:03] {Threei} we just hadn't had true bear market in a long while, I had to remember how to trade it
[07:04] {dino} play it like a friday mkt, scalp 'em all
[07:04] {magoo} ever adapting
[07:04] {magoo} we are like the borg
[07:04] {Threei} we sure are... who is borg?
[07:04] {magoo} star trek
[07:05] {dino} resistance is futile
[07:05] {cosmo} get ready for the implants...
[07:05] {magoo} they constantly adapt to weapons so after 1 strike..weapons no longer effectrive
[07:05] {Threei} QID .42 long, .24 stop
[07:06] {magoo} qid question..does it ever run amok from naz?
[07:06] {Threei} from?
[07:06] {Threei} or with?
[07:06] {magoo} as in disconnect its correlation
[07:06] {Threei} no
[07:06] {Threei} it can't
[07:07] {magoo} thats my can't
[07:07] {magoo} cool
[07:07] {Threei} well, unless some rogue trader somewhere plays another scapegoat :)
[07:07] {dino} i see ldk back to 38
[07:07] {Threei} half out QID, scalpers know what to do
[07:13] {Threei} stop to .35
[07:13] {Threei} offering above .90
[07:14] {lumdus} IN MLNM 15.17 STOP 15.12
[07:14] {lumdus} sorry caps
[07:14] {dino} cov wag .88, +.12, stuck
[07:15] {Threei} better than poke in the eye
[07:15] {lumdus} 1:1 in mlnm
[07:15] {Threei} nice spike lum
[07:15] {lumdus} 1/2 out .35
[07:16] {lumdus} i think we have much more to go for today in mlnm . very nice
[07:18] {esemde} nice one LUM
[07:19] {dino} gj lum
[07:19] {Threei} CSIQ .35 short stop above .50
[07:19] {Threei} ugh, not in short list
[07:19] {Threei} never mind
[07:20] {Threei} and invalidated anyway
[07:20] {Threei} just how many things could go wrong with single stock
[07:21] {dino} syna l .43
[07:23] {lumdus} in dna 68.75
[07:25] {lumdus} stop on dna 68.59
[07:29] {lumdus} dan, time to blastoff
[07:29] {lumdus} dan = dna
[07:31] {Threei} RIMM long .06 small if holding above .80
[07:31] {lumdus} in rimm .08
[07:32] {Threei} 1:1 in a hurry
[07:32] {lumdus} stop ?
[07:32] {lumdus} out .28 +.20
[07:32] {lumdus} tx vad nice one .. keep the good work running ..
[07:32] {Threei} look at setup structure lum
[07:32] {Threei} "if holding above .80"
[07:32] {Threei} that gives you stop placement
[07:33] {lumdus} i though .92 would be the stop once i am in ..
[07:33] {Threei} by chart yes, but this is RIMM
[07:33] {Threei} gotta account for its natural volatility and pad a stop
[07:33] {Threei} to minimize chance of shakeout
[07:33] {lumdus} ok thanks
[07:34] {Threei} long again RIMM.56
[07:34] {Threei} stop under .40
[07:35] {Threei} 1: 1 reached
[07:35] {Threei} out .80
[07:35] {lumdus} out .87
[07:35] {Threei} good reflexes
[07:35] {lumdus} tx again
[07:35] {Threei} welcome
[07:36] {lumdus} it got it .57 .. so had to get some more
[07:36] {lumdus} dna stop to 68.6 5if it don't go now , it wont go
[07:38] {Threei} QID short .85
[07:38] {Threei} stop above 51
[07:38] {Threei} inval;dated
[07:39] {lumdus} Vad, ALL nice setup ?
[07:39] {lumdus} if it breaks of course
[07:40] {Threei} 51.08 if stays above .95
[07:43] {magoo} aapl short vad?
[07:43] {Threei} lol
[07:43] {Threei} no?
[07:44] {lumdus} too funny
[07:44] {Threei} not sure mags
[07:45] {lumdus} short all 51.03 stop 51.08
[07:46] {lumdus} oh, crap
[07:46] {Threei} not sure I understood that entry lum
[07:46] {Threei} no breakout, no breakdown
[07:46] {Threei} why take a guess
[07:46] {dino} sm l de .50, wide
[07:46] {lumdus} vad, had alot of resistence
[07:47] {Threei} yes but hadn't broken support either
[07:47] {lumdus} isn't that a valid trade when there is so much resistance to short it.
[07:47] {lumdus} hmm, ok that is my mistake i guess
[07:47] {Threei} resistance by itelf is not indicative
[07:47] {Threei} break of it is
[07:47] {lumdus} a break of .95 would have been the right trade
[07:47] {Threei} just as support by itself means not more than a level to watch
[07:47] {Threei} it's what stock does with resistance or support that gives you a trading setup
[07:48] {lumdus} so .95 break would have been valid short ?
[07:48] {Threei} yes
[07:48] {Threei} just as .08 was valid long
[07:48] {dino} hod's
[07:49] {lumdus} ok tx vad
[07:50] {bruce} ceph long setup?
[07:51] {Threei} chart is right...
[07:51] {Threei} I would perfer market to pull back a bit
[07:52] {Threei} don't want to enter long after this move up
[07:52] {bruce} k
[07:52] {Threei} better see how it's holding while market pulls back to evaluate the relative strength
[07:53] {Threei} now if market breaks out, get CEPH aggressively
[07:53] {Threei} with nice tight stop under .15
[07:54] {Threei} no strength still
[07:54] {magoo} qid long here vad?
[07:55] {Threei} got invalidated without causing unnecessary stop, CEPH
[07:55] {bruce} yep
[07:56] {Threei} watching mags, no confidence yet
[07:56] {bruce} may find support at 67.10
[07:56] {magoo} k
[07:58] {Threei} looks like .51 long if stays above .30
[07:59] {Threei} keep .29 stop mags
[07:59] {bruce} \with futures out what are you using to call qid vad?
[07:59] {Threei} this entry if works seems to be capable of more than 1:1
[08:00] {dino} out de .00, +.50
[08:00] {Threei} just chart bruce
[08:00] {bruce} k
[08:00] {bruce} thanx vad
[08:01] {bruce} iyf dino
[08:03] {dino} ishares, not sure bruce
[08:03] {magoo} stopped
[08:04] {dino} glw l .15, stop .89
[08:05] {lumdus} bpop breaking 12.00
[08:05] {dino} de, i should've held on
[08:06] {lumdus} a beautiful 5 day chart for bpop.
[08:06] {lumdus} wonder if dna will ever move for me.
[08:08] {dino} never lum, never
[08:08] {lumdus} i agree
[08:08] {dino} sort of like my syna trade, 3 cents give or take
[08:09] {dino} fcsx
[08:10] {Roman} GOLD bouncer
[08:10] {Roman} in
[08:11] {lumdus} out 1/2 bpop .18 + .18 rest stop 11.99
[08:12] {bruce} wag looks weak dino
[08:12] {Threei} what are you looking for on bounce Roman?
[08:12] {Threei} just a scalp or more?
[08:12] {Roman} .50 cents
[08:12] {dino} looks it bruce, but doesn't really move
[08:13] {bruce} k
[08:13] {magoo} still reading qid vad?
[08:13] {Threei} backed off for now mags
[08:14] {Threei} a bit unclear
[08:15] {lumdus} look at all go - dumb mistake. slap please ?
[08:15] * magoo slaps lumdus around a bit with a large trout
[08:15] {lumdus} tx. so far a .70 mistake. hope someone else took it from the group.
[08:16] {Threei} lum, let me offer you general philosophical approach to this kind of setups
[08:16] {Threei} instead of trying to think of it in terms of chart, support, resistanc etc,
[08:16] {dino} flip a coin
[08:16] {Threei} think of it this way:
[08:16] {lumdus} listening
[08:16] {Threei} don't guess what stock is going to do,
[08:16] {Threei} don't tell it what to do,
[08:16] {Threei} allow it to tell you what to do
[08:16] {Threei} and listen to it.
[08:17] {Threei} in this case, it was willing to tell you what to do by breaking this way or that
[08:17] {Threei} sometimes it will lie to you
[08:17] {Threei} by telling you what to do, then reversing
[08:18] {Threei} but on grand scheme of things, it will be truthful more often than not
[08:18] {dino} cut glw -.05, not moving
[08:18] {lumdus} ok get it
[08:19] {dino} probabilities.....indeed
[08:20] {bruce} good idea dino - eneded up getting hit for full stop
[08:21] {dino} sorry bro
[08:21] {bruce} it happens - was thinking of early exit too - oh well
[08:22] {Roman} GLD is making highs
[08:22] {Roman} watching DROOY
[08:22] {dino} i like it around 22.65-.70
[08:23] {lumdus} roman, gold ?
[08:23] {bruce} pps long vad?
[08:24] {Roman} lumdus, i am still in gold
[08:24] {Roman} small with a stop 46.70
[08:25] {Roman} it for some reason disconnected from other gold plays
[08:25] {lumdus} ok roman. i am not in it, just watching your plays
[08:26] {Roman} DRYS
[08:26] {Threei} that's one worrd chart bruce
[08:26] {Threei} wierd
[08:26] {Threei} no idea
[08:27] {bruce} k vad
[08:38] {Roman} long DRYS super small
[08:38] {Roman} 59.32 area small
[08:39] {Roman} waiting for 59.6 break
[08:40] {bruce} in drys .25
[08:42] {Threei} QID long .21
[08:42] {Threei} stop under 50
[08:42] {dino} hurn spike\
[08:42] {magoo} in
[08:44] {Roman} stopped GOLD
[08:44] {Roman} -.50
[08:45] {bruce} stopped drys - .40
[08:46] * Threei slaps LaserDave1 around a bit with a large trout
[08:46] * magoo slaps LaserDave1 around a bit with a large trout
[08:46] {Threei} man, we are slow today mags
[08:46] {magoo} monday vad
[08:47] {LaserDave1} hey everyone
[08:47] {Chaeron} hi Dave
[08:47] {LaserDave1} nice to see you guys as wel
[08:47] {Threei} yes but 16 min between his entry and our greeting?
[08:47] {LaserDave1} howdy
[08:47] {Roman} out DRYS
[08:47] {Roman} -.30
[08:47] {LaserDave1} hope weekend was good for everyone
[08:48] {Threei} 1:1 QID
[08:48] {magoo} that all u looking for?
[08:49] {Threei} we are in lunch time... just no idea, anything can happen
[08:49] {Threei} even earlier attempts to hold half didn't work
[08:49] {Threei} why would they now
[08:53] {Threei} you took it mags or trying to hold?
[08:54] {magoo} holding
[08:54] {Threei} good luck, rooting for you
[08:55] {bruce} nvda short vad?
[08:55] {Threei} seems so
[08:56] {Threei} will depend on market of course
[08:56] {Threei} but trade is valid
[08:56] {magoo} out .50 TY
[08:56] {Threei} welcome sir
[08:56] {Threei} this is something like 5 for 6 today, or 4 for 5... me satisfied
[08:57] {dino} gj
[08:57] {Threei} ty
[08:59] {dino} artc spike
[08:59] {dino} hmsy drop
[09:00] {dino} darn, can't borrow atrc
[09:06] {dino} chtt sm, s .00
[09:08] {Threei} you took NVDA bruce?
[09:09] {bruce} yes vad
[09:10] {Threei} watching QID for long entry if pulls back into .50 area
[09:11] {magoo} feel mkt down?
[09:12] {Threei} looks like
[09:16] {dino} syna stopped -.24
[09:24] {magoo} anyone try arca today?
[09:24] {magoo} quotes good?
[09:24] {Threei} looks OK so far
[09:25] {magoo} ty
[09:25] {esemde} my view of the market is that it's the end of month/beginning of month mutual fund buying to be followed by resumtion of indexes heading down
[09:27] {dino} not my view es, but anytyhing can happen
[09:28] {esemde} how do you see it dino
[09:28] {dino} lots of my friends are complaining about losing money, don't see a lot of buying by joe 6 pack
[09:29] {dino} but who knows, who cares...traders trade, thats what we do
[09:29] {Threei} CKEC is at it again
[09:29] {esemde} i don't have a fundamental reason just the old object in motion deal....
[09:30] {dino} np, don't take anything personally
[09:31] {dino} in the end it doesn't matter, imo
[09:31] {esemde} heck no man........respect your opinion big time....
[09:32] {dino} same here
[09:33] {dino} chtt stopped -.26, ave.
[09:36] {Threei} anyone took QID off .50?
[09:36] {magoo} no, did u?
[09:36] {Threei} got distracted in dcc, missed moment
[09:37] {Threei} did exactly what I called earlier
[09:38] {Threei} just don't chase
[09:38] {Threei} entry of rallies is the way to handle this market
[09:39] {Threei} breakdwons will offer more shakeouts than wins
[09:39] {esemde} what do you mean by entry of rallies Vad
[09:40] {esemde} in indexes or stocks?
[09:40] {esemde} buy on pullbacks
[09:40] {Threei} no, short off bounces
[09:41] {Threei} when it comes to QID, it's long off pullbacks of course
[09:41] {esemde} a ha..
[09:42] {bruce} wft vad - any read?
[09:42] {dino} sigm l .80
[09:43] {Threei} not really bruce
[09:43] {bruce} k
[09:43] {dino} lol bruce
[09:44] {dino} oopps, thought you said wtf vad
[09:44] {Threei} that was my first thought too
[09:44] {Threei} but I looked closely just as I was unholstering the trout
[09:45] {bruce} sheesh
[09:45] {Threei} lol
[09:45] {dino} great minds think alike, lol
[09:45] {Threei} don't be sad bruce, Copernicus was widely misunderstood too
[09:47] {Threei} see what buying QID break around .80 would do to you?
[09:48] {bruce} you like qid long agqain near .5?
[09:48] {Threei} no, not this time
[09:49] {Threei} 50/50 shot here
[09:49] {bruce} figured - no point making things too predictable
[09:49] {Threei} first time around it was clean pullback in the trend
[09:49] {Threei} this time it's not, trend has stalled,
[09:49] {esemde} i'm otta here ya'll have a good day!
[09:49] {Threei} it's more like establishing range at this point
[09:50] {magoo} wait
[09:50] {Threei} take care ese
[09:50] {magoo} rats
[09:50] {magoo} hes fast
[09:51] {Threei} and as far as range goes, lower limit is about .40
[09:51] {Threei} so, best trade would be if it breaks down throuigh .40, dives quickly scaring the living daylight out of traders
[09:51] {Threei} and long entry would be in order for the bounce back in the range
[09:52] {Threei} kind of "take side of shakers instead of being shaken"
[09:55] {bruce} k- thanks vad
[09:58] {bruce} takingbreak
[10:03] {Threei} comr on QID
[10:04] {Threei} here is breakdown
[10:05] {dino} sm l spwr .60
[10:05] {Threei} in
[10:05] {Threei} .19 stop
[10:06] {Threei} could take couple tries... but hopefully scared them enough
[10:06] {Threei} ugh, not yet
[10:10] {magoo} what entry u gert long?
[10:10] {Threei} first stopped - 7 cents
[10:11] {Threei} can't nail another one yet, it's jumping up and down with no rhyme
[10:12] {Threei} back in the range
[10:12] {Threei} lol, followed scenarion but I put too tight stop on it
[10:16] {Threei} in
[10:16] {Threei} just want my stop back
[10:17] {Threei} out
[10:17] {Threei} ty QID, we are friends again
[10:29] {Threei} what's with VVUS?
[10:30] {Threei} I see no news
[10:30] {Threei} 52 weeks highs
[10:31] {dino} out sigm .10, +.30
[10:32] {Threei} like teeth pulling dino eh?
[10:32] {dino} yeah, every trade taking forever
[10:35] {lumdus} out rest bpop +.52
[10:36] {dino} gj
[10:36] {Threei} lumdus is embodiment of patience
[10:37] {lumdus} i just ate a big lunch and got back
[10:37] {Threei} great... now I am hungry
[10:40] {magoo} qid long vad?
[10:44] {Threei} probably yes
[10:44] {Threei} as close to .30 as possible
[10:44] {Threei} .24 stop
[10:44] {Threei} first strength from here
[10:45] {Threei} got .27
[10:46] {lumdus} in efii 13.99
[10:46] {Threei} half out.39
[10:47] {Threei} feels like has more than scalp in it this time
[10:47] {magoo} good entry
[10:47] {lumdus} go efii
[10:47] {Threei} and if not, what's my risk for the balance... 3-4 cents
[10:47] {lumdus} out 1/2 .17 rest stop b/e
[10:47] {lumdus} +.17
[10:48] {Threei} nice one lum
[10:48] {lumdus} out rest efii +.27
[10:48] {lumdus} tx boss
[10:49] {Threei} die NASDAQ
[10:54] {Threei} OK QID, I got it
[10:56] {Threei} message is loud and clear: "Scalp and don't even dream of getting a trend"
[10:57] {lumdus} ok sounds good.
[10:58] {lumdus} in txn 30.18
[11:00] {lumdus} stop on txn 30.09
[11:01] {Threei} looking to short QID
[11:02] {Threei} somewhere above .30, on a sign of weakness and only if keeps below .40
[11:03] {Threei} one more spike please QID
[11:04] {lumdus} so maybe we ride the spike
[11:04] {lumdus} in symc 16.76
[11:04] {Threei} in .30 but got just half order filled
[11:05] {lumdus} stop on sync 16.76
[11:05] {Threei} .41 stop
[11:08] {Threei} 1:1 QID
[11:09] {Threei} covered half .13
[11:09] {Threei} would have taken full scalp if I got full lot filled
[11:09] {Threei} but with lousy half under the belt, can just as well see if it's ready to break
[11:11] {Threei} out in full QID
[11:11] {Threei} +.30
[11:12] {Threei} out half swing IDIX
[11:12] {Threei} remember one from two days ago?
[11:13] {Threei} talking to myself I see
[11:18] {lumdus} out symc +.01
[11:18] {lumdus} out txn flat
[11:19] {lumdus} just got bored of not seeing it move when we moving up.
[11:19] {Threei} - Will take time to revalue market assets so volatility will continue
[11:20] {dino} why do they feel the need to talk every day
[11:20] {Threei} beats me
[11:20] {Threei} not like they have anything meaningful to say
[11:20] {lumdus} in mro 49.83
[11:21] {lumdus} if this doesn't go then i giveup for sometime
[11:27] {Threei} .99 short QID, .11 stop
[11:28] {Threei} no worky
[11:32] {bruce} not a great day for reversla plays dino
[11:33] {dino} no, not much spiking or collapsing
[11:33] {dino} everything a bit too gradual for my style
[11:34] {bruce} agreed
[11:34] {bruce} typical monday
[11:35] {dino} yeah, i'm up, but under daily
[11:36] {bruce} I'm down again
[11:36] {bruce} apol may be gettign extended
[11:37] {dino} the charts is too gradual imo
[11:37] {bruce} k
[11:37] {bruce} meli?
[11:38] {dino} cacb
[11:39] {dino} can't borrow
[11:40] {bruce} k
[11:40] {lumdus} stop on mro 49.75 needs to run now
[11:40] {dino} exbd?
[11:41] {dino} s .42
[11:47] {bruce} you think .65 stop enough for exbd?
[11:48] {lumdus} out mro 49.75 - .08
[11:48] {lumdus} good night to all done for the day.
[11:48] {bruce} night lum
[11:49] {Threei} take care lum
[11:49] {Threei} VVUS is torturing me
[11:50] {bruce} cof another possible short candidate dino
[11:51] {dino} got booted out
[11:52] {dino} cof is bank, dk, they trde strange lately bruce
[11:53] {bruce} k- thanx dino
[11:58] {dino} bstop to .17 exbd
[11:58] {dino} to .14
[11:59] {dino} to .09
[11:59] {dino} tight, tight tight
[11:59] {bruce} out exbd +.35 small dino
[11:59] {bruce} thanx
[12:00] {bruce} almost back to b/e
[12:01] {dino} gj bruce my stop is .04
[12:01] {dino} cov. 03, +.39
[12:02] {dino} slipped wrong way
[12:02] {dino} ok, back in 10
[12:02] {bruce} k
[12:09] {dino} tson
[12:17] {Threei} long QID for a scalp closer to .70
[12:17] {Threei} missed
[12:20] {magoo} aapl read vad?
[12:20] {Threei} hmmm
[12:21] {dino} ouch meli
[12:23] {Threei} looks ready for a bounce on a wuick sell under .50 mags
[12:24] {magoo} in out
[12:24] {magoo} .67 out .08
[12:24] {magoo} yt
[12:24] {magoo} ty
[12:24] {magoo} too fasr to post
[12:25] {magoo} riomm read vad?
[12:25] {magoo} rimm
[12:26] {Threei} short for scalp
[12:26] {Threei} one more spike is desirable
[12:26] {magoo} i thoght long
[12:27] {Threei} long only if holding above .85 and break 91.03
[12:31] {Threei} did any?
[12:31] {magoo} yes
[12:31] {magoo} .09
[12:31] {magoo} wait .45
[12:31] {Threei} both worked if you are fast as wild west draw champion
[12:32] {magoo} out .45 hewre
[12:32] {magoo} ty
[12:32] {Threei} good one
[12:32] {dino} gj
[12:32] {magoo} im giving u all the easy ones he he to read
[12:32] {magoo} aapl..rimm..qid
[12:32] {Threei} ah thank you
[12:33] {Threei} I appreciate it
[12:33] {magoo} i know u do
[12:33] {Threei} as soon as you request GOOG read I'll know you are so very kind to me
[12:37] {magoo} how about rimm and aapl now?
[12:37] {dino} sm l jaso .00
[12:38] {Threei} feels short on both, long QID accordingly
[12:38] {magoo} u taking any?
[12:38] {Threei} nope
[12:38] {Threei} too good day to do this kind of trades so close to eod
[12:39] {bruce} I missed jaso - stop would hav e been 56.65 or so dino?
[12:39] {Threei} looking for entry is challenging enough in this environment, don't need asditional burden of last 20 min emotions
[12:40] {Threei} you noticed the way I did it today
[12:40] {Threei} not only looked for aggressive entries, but wanted them on price overshooting the reasonable pullbacks
[12:40] {Threei} missed some because of that but winning percentrage on those that got caught was beyond nice
[12:41] {bruce} I see your point vad - lots of moves vilating obvious suppoort level today then reversing
[12:41] {dino} out jaso .30, +.30
[12:41] {bruce} all in all - pretty small moves though
[12:41] {Threei} right, that's what I incorporated in today's entries
[12:41] {bruce} nice dino
[12:41] {dino} ty bruce, you get it?
[12:42] {bruce} no - bid at 00 not filled
[12:42] {Threei} if I wanted to trade, I'd look for QID long on this selling
[12:42] {dino} ok, was watching oih w/it, when oih started up, so did it
[12:43] {dino} damn, out way too soon
[12:43] {Threei} and RIMM short with stop above 92
[12:43] {bruce} got you
[12:43] {dino} wow we just jumped about 60 pts dji
[12:44] {dino} tson, waiting sm at .32
[12:44] {bruce} so jaso tends to follow oih?
[12:44] {dino} solar, oih. delayed, but usually after their initial day setup
[12:45] {bruce} hmm k
[12:47] {Threei} couldn't help myself, got .22 QID
[12:47] {Threei} out .37
[12:47] {dino} wwin
[12:47] {dino} thin
[12:47] {magoo} i dicked your aapl sh call, went long .05 exited .64
[12:49] {bruce} does the dji pop create a shorting opportunity dino?
[12:49] {Threei} you see the clock bruce?
[12:49] {Threei} just making sure you haven't lost track of time :)
[12:49] {bruce} good point vad
[12:50] {bruce} hanging up hat
[12:50] {Threei} easy to do getting caught in the excitement
[12:50] {Threei} then scream "turn those machines back on"
[12:51] {dino} no bruce
[12:51] {dino} for me, its' easier to short/long, individual stocks, rather than index
[12:52] {dino} alxn
[12:53] {Threei} OK guys, done for the day
[12:53] {bruce} k - but sounds like you use index to get advance idea of direction change
[12:53] {Threei} turned out quite nice one
[12:53] {magoo} ty vad
[12:53] {dino} yes bruce, exactly
[12:53] {dptl} have a good evening all
[12:53] {Threei} albeit not very easy but profitable
[12:53] {Threei} have a good evening, see you tomorrow
[12:54] {dino} i watch oih, dji, $ndx all day right w/the stocks i'm interested in
[12:54] {dino} cya vad
[12:54] {dino} cya dp
[12:55] {dino} cx tson, no time
[12:57] {dino} ok, thats all for me, thx for ideas

Friday, January 25, 2008

January 25, 2008

Session Start: Fri Jan 25 00:00:00 2008

Session Time: Fri Jan 25 00:00:00 2008

[05:41] {esemde} morning Vad, dp hawk jm patience and raven
[05:41] {dptl} good morning all
[05:42] {Threei} Good morning RT
[05:42] {esemde} how are things in your neck of the woods dp....are we gonna get snow this weekend?
[05:42] {dptl} i hope not
[05:43] {esemde} said light fluries here...
[05:43] {patience} bite your tongue ese
[05:43] {patience} good morning :)
[05:44] {esemde} ok ok ok......
[05:45] {cosmo} gee... i like snow
[05:45] {cosmo} but... no matter...
[05:46] {Threei} only because you never had to live with it for good 6 months every year :)
[05:46] {cosmo} yeah... one of my fantacies
[05:47] {Threei} you are one twisted man
[05:47] {Threei} unless you mean "one of my nightmares" :)
[05:48] {cosmo} nope ... i'm twisted .... just checked
[05:48] {Raven} FANTASIES !
[05:48] {Raven} Morn !
[05:48] {cosmo} R too:)
[05:49] {Raven} 4.8F with 6 inches of snowpack ... I hate it
[05:49] {Threei} R :)
[05:49] {Raven} T and c :)
[05:49] {Threei} see, R is not twisted
[05:49] {Raven} thx
[05:49] {Threei} his is a normal reaction
[05:50] {cosmo} good base for cross country
[05:50] {Raven} how would you know ?
[05:50] {cosmo} i read alot
[05:50] {Raven} damn hippie surfer
[05:50] {Threei} lol
[05:51] {Threei} btw, I am deeply troubled and somewhat insulted by IDIX not being at $52
[05:51] {Threei} my understanding was that's a given
[05:51] {Raven} wait a week
[05:52] {Threei} kind of agreement... "I buy your shares, you reward me by 47 points gap"
[05:52] {Threei} I did my part
[05:52] {dino} gm all
[05:52] {Threei} dino :)
[05:52] {Threei} can't trust anyone... even the most honest creation in the world, a stock
[05:52] {Raven} hi dino
[05:53] {cosmo} SOLF range pre mkt = 16.90 to 17.20 fyi
[05:54] {esemde} dino
[05:55] {lumdus} good morning all. Hope you had a great day yesterday
[05:55] {Threei} hi lum
[05:55] {cosmo} SYNA beats est... but warns next Q
[05:58] {dino} gm 3i, es
[05:58] {cosmo} AKNS
[05:59] {Threei} CSUN too
[05:59] {Threei} and other solars
[05:59] {cosmo} the whole bunch
[06:00] {esemde} yep....the ole solar screen....she be green....
[06:00] {Threei} that she be
[06:02] {magoo} morning
[06:02] {Threei} magoo :)
[06:02] {dino} oih rockin', solars the way
[06:05] {magoo} vad, any news FSLR today?
[06:06] {Threei} no
[06:07] {magoo} ty
[06:07] {Threei} general sector strength lifts it I believe
[06:07] {hawkfan4} solars up on good earning outlook from WFR and SPWR upgrades
[06:08] {Threei} and oil move as dino scrupulously noted
[06:09] {hawkfan4} and that too :)
[06:10] {Threei} now, I add "and general market exuding happiness", ese adds "indeed", group hug ensues
[06:10] {dino} anyone having connection issues w/;schwab/cyber/
[06:11] {Threei} I don't
[06:11] {Threei} but for a very obvious reason :)
[06:11] {dino} a wise guy i see
[06:11] {Threei} sorry... going to my corner
[06:12] {Threei} Raven is already there with his 7 am martini
[06:12] {dino} i just may join him
[06:13] {dino} since i've been kicked out of acct 3x's so far
[06:13] {Threei} bring olives... he is out of them
[06:13] {Threei} wow... sorry to hear
[06:13] {dino} tomolives
[06:13] {dino} oh man, now i'm thinking happy hour
[06:14] {esemde} gotta be last call for RAven....
[06:14] {Threei} as russian saying goes... "one drink in the morning - day of freedom"
[06:15] {esemde} CSUN looks like a promising 1/2 lot at some point
[06:15] {Threei} not very precise translatiuon but the gist is there
[06:15] {Raven} garlic stuffed olives please ...
[06:16] {esemde} in Canada Vad......know as "Barley Sandwiches" at lunch
[06:16] {dino} indeed, plus jalapeono stuffed, mmmm
[06:16] {Threei} lunch??
[06:17] {Raven} feta cheeze stuffed ...
[06:17] {Threei} it's a good half of the day lost
[06:17] {Raven} anchovey stuffed
[06:17] {Raven} sigh
[06:17] {Threei} gosh... what did I start
[06:17] {Raven} heartburn ?
[06:18] {esemde} what can i tell's a great canadian tradition....we lag historical perspective of russians
[06:18] {Threei} lol
[06:18] {esemde} and tradition!!
[06:19] {Threei} you better catch up because we are not likely to slow down
[06:19] {dino} fightin' words
[06:19] {esemde} Vodka not slowing you down......?????
[06:20] {Raven} {-------- needs more tea (no olives ) ...
[06:20] {Threei} why would it... metabolism increase
[06:20] * Threei slaps LaserDave1 around a bit with a large trout
[06:20] {Threei} magoo, don't sleep at the wheel
[06:21] * magoo slaps LaserDave1 around a bit with a large trout
[06:21] {esemde} thats the name of great Texas band "Asleep At The Wheel"
[06:21] {magoo} can't believe hes up
[06:21] {Threei} me too
[06:21] {Threei} rare chance to slap him before market open
[06:22] {Threei} couldn't let you miss it
[06:22] {magoo} anyone watching grmn, rimm, aapl this morn
[06:22] {esemde} Great tunes....There Ain't Nobody Here But us Chickens"
[06:23] {esemde} there ain't nobody here at all...
[06:23] {esemde} now stop that fuss
[06:23] {esemde} come on with us
[06:23] {esemde} there ain't nobosy here but us.....!!!!
[06:24] {esemde} great tune
[06:24] {esemde} anybody on this board from Texas
[06:27] {Threei} keep an eye on COIN
[06:28] {LaserDave1} i am here real early and i still get the trouts
[06:28] {LaserDave1} thanks guys
[06:28] {Threei} always
[06:29] {dino} vprt, syna
[06:30] {Threei} looking for COIN pullback entry
[06:31] {Threei} half lot 11 long if stays above 10.70
[06:32] {Threei} or aggressively before the break to have tighter stop
[06:32] {magoo} arca quotes ok ?
[06:32] {Threei} so far yes
[06:34] {Threei} take scalp COIN
[06:34] {Threei} market is too weak
[06:36] {lumdus} nvls holding strong so far
[06:37] {lumdus} 3i, nvls hold up above 25 and break 25.10 long ?
[06:38] {lumdus} didn't hold .. scratch it
[06:38] {Threei} lost support
[06:39] {dino} scsc
[06:40] {dino} sm s .75, stop .13
[06:40] {bruce} stop coin -.39
[06:41] {Roman} LEN was nice swing alert yesterday
[06:41] {Roman} i am out
[06:41] {Threei} bruce?
[06:41] {dino} stopped -.38
[06:41] {Threei} it gave enough time to exit with small profit when market started dropping, I slerted
[06:42] {Threei} RIMM small shares bounce entry, closer to 97 or under
[06:47] {magoo} rimm follow naz?
[06:47] {Threei} mostly yes
[06:47] {dino} scsc s .48 sm last try
[06:52] {dino} bstop to .85 scsc
[06:53] {dino} cov scsc ave .85, +63
[06:53] {Threei} RIMM short small shares, stop above 98
[06:54] {Threei} NQ should make it work if breaks 1850
[06:54] {Threei} if not, stop is tight enough
[06:54] {Threei} not so far
[07:01] {lumdus} l
[07:03] {lumdus} is today options expiration ?
[07:03] {dino} ibm fall
[07:03] {magoo} no, 3rd friday of month
[07:07] {dino} abfs
[07:07] {dino} s .50 stop .88
[07:08] {dino} to .21
[07:08] {dino} stopped +.29, abfs
[07:09] {lumdus} way to scared to trade today.
[07:10] {dino} trade when you are shaking lum, get scared when you are calm
[07:10] {lumdus} hmm.. let me think about that
[07:11] {dino} take you time...:)
[07:11] {lumdus} let me try short nok
[07:11] {esemde} AARRRBABABA.......
[07:11] {esemde} ARBA......for those of you that don't speak my language
[07:11] {dino} ahhh
[07:12] {dino} s abfs .68, stop .90
[07:12] {dino} didn't expect it
[07:15] {Threei} BEAV lon g 41.05 half lot if stays above .90
[07:15] {dino} rocm
[07:15] {esemde} ARBA i like it...but no clear signal to get in.... just kinda goin up slowly
[07:16] {dino} stopped abfs
[07:16] {dino} -.30 slippage
[07:18] {bruce} nasty slippage dino
[07:18] {dino} yeah, it happens, but what can ya do
[07:18] {dino} better to be out imo
[07:18] {bruce} yes
[07:19] {bruce} any read sivb vad?
[07:19] {dino} we are scalp mode today bruce, it's friday
[07:19] {lumdus} vad, so is it not a good trading environment so far .. or you rebooting ?
[07:19] {Threei} 47 break worth as try bruce, small shares
[07:19] {Threei} rebooting?
[07:20] {Threei} you lost me lum
[07:20] {lumdus} i didn't know if you where online ..
[07:20] {Threei} see list onb the right?
[07:20] {bruce} k dino
[07:20] {lumdus} i got it
[07:21] {dino} i like rocm s somewhere, waiting at .94, but most likely high
[07:22] {dino} seic
[07:22] {Threei} IDIX finally remembered it's on a mission
[07:22] {dino} too fast
[07:23] {dino} mkt coming down, s rocm .29, stop .53
[07:26] {lumdus} dino, i have no read. i'll scalp .15 - .20 today.
[07:26] {dino} ?ok?
[07:26] {dino} scalpers fridays, always lim
[07:26] {dino} no read here either, just reactions
[07:27] {lumdus} so friday is scalpers day ?
[07:27] {dino} yesssssssssss
[07:27] {dino} for me
[07:31] {magoo} dow red
[07:32] {dino} not here
[07:33] {dino} tighten bstop rocm
[07:34] {Threei} watching COIN for entry for bounce scalp
[07:35] {Threei} .93 half lot
[07:35] {Threei} .75 stop
[07:36] {magoo} in vad
[07:36] {magoo} .92
[07:36] {dino} cov rocm .06
[07:37] {dino} +.23
[07:39] {Threei} need little market help and crossing back over 10
[07:39] {magoo} reason i hit .92 is its a jumper, i keep missing entry
[07:39] {magoo} but needs mkt
[07:39] {Threei} yeah
[07:40] {magoo} like 11 trigg, it shot .90 thru 11.15
[07:40] {dino} -200 today
[07:40] {dino} because nobody else thinks so
[07:41] {esemde} Outta here early today ya'll have great weekend....should be an up week next week if the market finishes up today...keep the fingers crossed
[07:41] {Threei} have a good one ese
[07:41] {dino} cya es
[07:41] {esemde} see ya
[07:42] {dino} lod dji
[07:43] {lumdus} dino, you gutsy out there.
[07:43] {dino} ?
[07:43] {lumdus} -200 ?
[07:43] {Threei} his forecast for DOW
[07:44] {dino} predictions are worthless lum, doesn't matter who makes them. just stating the obvious, nobody thinks we go down.
[07:48] {dino} bmrn drop
[07:48] {dino} insw
[07:48] {dino} thin
[07:50] {dino} aapl
[07:53] {Threei} TASR 10.82 long
[07:53] {Threei} .69 stop
[07:54] {Threei} disregard
[07:54] {Threei} looking at its intaday today, it jumps opff pullbacks and fails breaks
[07:54] {Threei} let's better look for entry if drops into .70
[07:57] {Threei} shhh
[07:57] {Threei} missed
[08:00] {dino} nihd
[08:01] {bruce} you suggestng scalping tasr between .6 and .75 vad?
[08:01] {Threei} that was the opportunity at the moment bruce
[08:01] {Threei} doesn't mean that's what is going to happen again, market changes
[08:02] {Threei} general idea of scalping it off pullbacks
[08:02] {bruce} k
[08:06] {dino} nihd l .68, stop lod
[08:09] {bruce} aapl dino?
[08:10] {dino} i have alot of trouble w/aaple bruce.....but, imo, it needs mkt help to go up
[08:10] {dino} wow abfs, glad the stop worked
[08:11] {bruce} k
[08:13] {dino} nile
[08:16] {dino} nihd stop to .88
[08:17] {dino} out nihd +.20
[08:17] {dino} l syna, risky, .80
[08:18] {dino} stop is .49
[08:20] {Chaeron} Good morning all
[08:20] * magoo slaps Chaeron around a bit with a large trout
[08:20] {dino} dji green
[08:20] {Threei} chaeron :)
[08:21] {Chaeron} thanks magoo, heyya3i
[08:22] {dino} gm ch
[08:22] {Chaeron} heya dino
[08:22] {dino} tighten syna to .57
[08:24] {dino} stopped -.23
[08:25] {bruce} -.20 for me dino
[08:26] {bruce} watch it go long on us now
[08:26] {dino} yeah
[08:26] {bruce} anyway - prefer stops prior to lod
[08:26] {bruce} rinses smaller
[08:26] {dino} i had 500, so tighter, should've went 300\
[08:27] {dino} but, scalping, so.......
[08:27] {bruce} gonna watch it for double bottom
[08:27] {dino} let me know
[08:27] {dino} -51
[08:28] {dino} vprt s .51, stop .81
[08:30] {dino} nihd?
[08:31] {dino} vprt stopped .79, -.28
[08:33] {Threei} KLAC half lot short
[08:33] {Threei} stop above .20
[08:34] {dino} nihd l sm .37
[08:35] {Threei} invalidated
[08:36] {Threei} closer to .50 is another level to watch
[08:39] {Threei} in
[08:39] {Threei} .55 stop
[08:44] {lumdus} scalping .10 - .15 all day . not even trying for more
[08:44] {dptl} mpel?
[08:44] {Threei} not really breakout day dp
[08:44] {dino} smart
[08:45] {dptl} ok
[08:47] {Threei} no go KLAC
[08:47] {dino} ibm sm l .90
[08:49] {dino} tricky today, just when you think.....
[08:51] {patience} one trade so far, SDS. Got frustrated with range bouncing. Sold +.02. Not impressed.
[08:51] {dino} no follow thru either way
[08:54] {bruce} syna looking better dino
[08:55] {dptl} bpop?
[08:57] {_pith} sold 10,000 bushells corn @ 5.014
[08:57] {_pith} just wanted to participate :)
[08:58] {Threei} now corner cotton market!
[08:58] {_pith} :) not cotton country here
[08:58] {dino} too late, i am at .30 syna, no fill
[08:58] {dino} who's that jesse livermore
[08:59] {lumdus} ok, i got a whole trade... in adbe 35.48
[08:59] {Threei} RIMM .30 long small
[09:00] {magoo} in
[09:00] {Threei} stop under 95
[09:01] {magoo} feels like mkt gonna xplode UP..just a feel
[09:02] {dino} nihd stop to .77
[09:02] {lumdus} smagoo, this is a damm frustrating day for me.
[09:02] {Threei} 1:1 RIMM
[09:03] {dino} gj
[09:07] {dino} pepperoni is an under-rated meat
[09:07] {bruce} lol dino
[09:08] {dino} eating it w/cheese
[09:08] {bruce} you forogt the tomatoes
[09:08] {dino} y
[09:08] {bruce} and should have had mags grill it for you
[09:08] {bruce} even better that way
[09:08] {dino} low carb for awhile
[09:08] {bruce} k
[09:09] {dino} out nihd ave .77, +.40
[09:09] {bruce} yep - cheese and peperoni is pretty low cal
[09:09] {dino} 10 lbs down in 3 weeks
[09:10] {bruce} good progess
[09:10] {bruce} you gave up beer?
[09:10] {_pith} wife went to pick up the lamb we had butchered...mmmm , lamburgers
[09:11] {dino} lite beer
[09:11] {bruce} oh
[09:11] {dino} mmmm
[09:11] {bruce} that sucks
[09:11] {Threei} he adds ground beef in it bruce
[09:11] {bruce} the lite beer that is
[09:11] {Threei} calls "beer with beef twist"
[09:11] {bruce} lol
[09:11] {bruce} can anything save lite beer?
[09:11] {patience} pith, where are you that you have lamb
[09:12] {_pith} farm ranch in eastern CO
[09:12] {dino} sweet
[09:12] {_pith} lamb breaks up the constant diet of beef
[09:12] {patience} i grew up eating lamb, we get it on salt spring island
[09:14] {Threei} I tried to think what I grew up on, and realized I never did
[09:14] {patience} bought dow puts (daw p mar 123)
[09:14] {_pith} eat or grow up?
[09:15] {Threei} grow up
[09:15] {_pith} :)
[09:17] {dino} all from pepperoni
[09:19] {bruce} dv dino
[09:23] {dino} hmmm good earnings, must be missing something
[09:23] {Threei} it's missing zest to live
[09:23] {_pith} If windfarm negotiations go thru, I hope to be trading soon. not as much fun watching everyone else, though I'll probably still watch for couple of weeks till I get the feel again.
[09:26] {dino} dv sm .05, wide
[09:26] {dino} l
[09:26] {dino} lmia
[09:33] {aimm} lmia
[09:35] {dino} ccix
[09:36] {bruce} wow - thats a spike
[09:36] {lumdus} short rimm 95.06 stop 95.19
[09:36] {dino} can't borrow
[09:36] {lumdus} i really shouldn't but it looks damm weak now
[09:37] {lumdus} +.17 on rimm !!
[09:37] {dino} careful
[09:38] {lumdus} in l celg .55
[09:38] {lumdus} just looking for pennies dino.
[09:38] {bruce} glad it worked lum
[09:39] {dino} oh sorry lum, thought you ment ccix
[09:40] {bruce} wow - cix
[09:40] {bruce} you able to catch the short in ccix dino?
[09:41] {lumdus} dino, just something for trying. i am actually thinking to stop trading on Friday. rough time all the time and walk home with peantus
[09:42] {dino} couldn't borrow it bruce
[09:42] {dino} lum, in summer, i quit at lunchtime
[09:42] {dino} on fridays that is, cut the lawn
[09:43] {lumdus} yeah, i can't sit doing this on a Friday .. never make more then a few pennies.
[09:43] {patience} vision of dino on his rid em mower with beer in hand on fridays
[09:43] {bruce} k dino
[09:43] {bruce} yeah
[09:43] {bruce} lite beer too
[09:43] {bruce} yeck
[09:43] {dino} lol
[09:44] {dino} i like them all
[09:45] {bruce} k
[09:46] {dino} my mower does have a beer holder, problem is it shakes it up too much, mixed drink better
[09:47] {dino} eng
[09:47] {bruce} makes sense
[09:47] {bruce} with a lng straw
[09:50] {dino} sm risky s eng .84, wide
[09:53] {LaserDave1} magoo dcc please
[09:54] {lumdus} rimm might be a nice short again.
[09:56] {dino} dv stopped -.38
[09:57] {dino} -110
[09:57] {dino} 100
[09:57] {bruce} sorry dino
[09:58] {lumdus} rimm working like a seek little boy
[09:58] {dino} np, part of the game
[09:58] {dino} watch
[09:58] {lumdus} out rimm + .47
[09:58] {dino} cov eng .40, +.44
[09:58] {lumdus} yes, something working finally
[09:58] {dino} gj lum
[10:00] {dino} nihd?
[10:02] {lumdus} i really should stop .. but ..
[10:02] {lumdus} short amzn 78.16
[10:04] {lumdus} stop .33 not working here.
[10:04] {dino} aapl at yesterdays lod
[10:04] {Threei} looking at it for short too
[10:04] {Threei} hopefully on bounce
[10:05] {lumdus} vad you feel market going down now ?
[10:06] {Threei} feels this way... but not without bounces
[10:06] {lumdus} yeah, i felt like a bouncing ball all day today
[10:07] {lumdus} i need amzn to drop heavily , it looked good but now ouch
[10:08] {Threei} short AAPL small stop above 132
[10:09] {dino} dv actually held well, may re-load
[10:09] {Threei} covered .40
[10:09] {Threei} +.39
[10:11] {dino} sm l nihd .21
[10:11] {dino} stop lod
[10:12] {lumdus} vad look like a genius .. in /out and done
[10:12] {Threei} that's the theme for today
[10:12] {dino} dv l .00
[10:12] {dino} sm, wide
[10:12] {lumdus} sure looks like it.
[10:15] {patience} vad, scalping should be good in over next 2 weeks if one of my fav reporters is correct
[10:16] {Threei} reading
[10:20] {Threei} good one, ty
[10:21] {Threei} if that market bounce was really plunge protection team's work, we are going down big time
[10:21] {Threei} which will be a very good thing for us
[10:23] {lumdus} vad, a day like today i don't see any trends working. I am watching now wb, looks like the best short in th
[10:23] {lumdus} the world. you think it will work ?
[10:23] {lumdus} WB
[10:24] {Threei} I don't think lum...
[10:24] {Threei} I simply trade when I see a good setup
[10:24] {Threei} then market tells me whether it's profit or stop
[10:25] {Threei} WB looks fine
[10:25] {Threei} I'd prefer short on bounce
[10:25] {Threei} closest resistance is .60
[10:25] {lumdus} i don't think i am taking anything yet .. just watching
[10:26] {Threei} if it bounces closer to .60, I'd watch for first sign of weakness to short
[10:26] {lumdus} let me know if you get in
[10:26] {Threei} if market plunges without bounce from here, .34 short trigger
[10:26] {Threei} but with stop weing above .60, size should be controlled
[10:26] {dino} ofor 2 dv, stopped done w/it
[10:27] {bruce} stopped dv - .56
[10:28] {Threei} if it loses .30, move stop to above .50
[10:28] {dino} nihd tighten to .98
[10:29] {dino} going for the -200, sheesh
[10:29] {dino} another 230+ range day
[10:32] {dino} nihd stopped .00, -.21
[10:32] {dino} that should not have happened
[10:32] {dino} ok now
[10:36] {Threei} WB 2 cents shy 1:1
[10:38] {lumdus} i got out
[10:39] {Threei} see... no thinking required
[10:39] {lumdus} scared we bounce now
[10:40] {lumdus} yes, in out
[10:45] {lumdus} how about cof .. looks tempting on a small bounce maybe
[10:45] {lumdus} if it stays below 46.09
[10:45] {Threei} toughie
[10:46] {lumdus} yeah, but when it falls it does so nicely. very tempting .. hold me back then
[10:53] {dino} -220 almost
[10:54] {Threei} now 400 ponts bounce will complete tha chaos
[10:56] {patience} ok vad, i need a little pep talk about not dumping a position because i am merely frustrated. SDS is up $2.10 after i sold.
[10:56] {Threei} with your timeframe... don't watch tick by tick :)
[10:57] {Threei} place your stop, place your best case sell
[10:57] {Threei} look once every hour or so
[10:57] {Threei} just to avoid situation when it came to your desired target and reversed couple ticks shy
[10:57] {lumdus} ok, in long the whole market
[11:00] {dino} lmia l .51, sm, stop .09
[11:06] {bruce} taking break
[11:06] {bruce} nasty day
[11:07] {Threei} AAPL short small under .30
[11:07] {dino} you ok?
[11:08] {Threei} with such size of bounce, better look for aggressive entry
[11:09] {Threei} closer to 131
[11:10] {Chaeron} 14:10 01/25 *DJ Tsy Paulson: Confident Stimulus Plan Will Quickly Boost Econ
[11:10] {Threei} uhhu
[11:12] {Chaeron} 14:10 01/25 *DJ FAKE *** Threei's Response To Paulson: " Uhhu "... Markets Rebound On Threei's Candor and Insight :)
[11:12] {Threei} lol
[11:12] {Threei} in
[11:12] {Threei} .15 stop
[11:13] {Threei} nope
[11:13] {magoo} poerwing up vad
[11:14] {dino} going flat
[11:14] {Threei} with 7 cents stop, it can do whatever it wants
[11:18] {Threei} who got a coin handy
[11:18] {Threei} toss it, up or down from here
[11:19] {dino} or not, lol
[11:22] {dino} starting to sound like me vad, flipping coins
[11:22] {dino} next thing you'll get an easy buttom
[11:22] {dino} n
[11:23] {dino} 60 pts in blink of an eye
[11:29] {patience} ok, i'm getting in the right head space for a decent market move...gotta get the courage of this guy
[11:29] {dptl} patience, what is your timeframe you trading?
[11:30] {patience} daily, weekly, monthly
[11:30] {patience} i usually look for momo whereever i can find it and adjust timing for each situation
[11:31] {dptl} ok...tnx
[11:34] {dino} monte carlo hotel in vegas big fire
[11:35] {Threei} .80 break long AAPL
[11:36] {Threei} stop under .60
[11:37] {Threei} should break 132 now
[11:37] {magoo} nice read
[11:37] {Threei} quick 1:1
[11:39] {dino} syna
[11:48] {Threei} another coin toss in order - breakdown or bounce
[11:48] {Threei} AS of 2:32 Amex is in a floor wide TRADING HALT.
[11:48] {Threei} what a technology
[11:52] {dino} less is more, just keep the stop
[12:01] {Threei} AAPL long, stop under 131
[12:12] {Threei} RIMM 91.90 short
[12:13] {Threei} invalidated, no aggressive entry
[12:14] {patience} ok dino, might as well get out the mower. the big brokerages must have shut down for the weekend, leaving us at our computers until the close
[12:15] {dino} rally then
[12:15] {Threei} yup
[12:16] {dino} although 15 degrees here, little cold to mow
[12:16] {Threei} left to our own devices we tend to run things up
[12:16] {bruce} forget the mower dino - just grab a beer
[12:17] {cosmo} a warm beer
[12:17] {dino} no kidding, alot of work for neg. $150, unless lmia comes thru
[12:18] {bruce} warm beer?
[12:18] {bruce} yuk
[12:18] {bruce} yuk
[12:18] {bruce} yeck
[12:18] {Threei} california perversion bruce
[12:18] {cosmo} used to be the only way
[12:18] {bruce} down for me too dino
[12:19] {bruce} I recall hearing hat cosmo
[12:19] {dino} 40 min. bruce, and at this point warm beer would do
[12:19] {dino} we missed that dv spike
[12:19] {dino} loaded landsharks that what we need (beer w/tequilla shot
[12:19] {bruce} dv got me
[12:20] {bruce} twice
[12:20] {bruce} syna too
[12:20] {dino} made some on syna
[12:20] {dino} nihd 2/3
[12:20] {dino} ralllly
[12:21] {dino} ok, if lmia holds, back to even
[12:22] {dino} c'mon spike
[12:23] {bruce} you doing Ok today mags?
[12:24] {dino} stop to .77
[12:25] {dino} out lmia slippage up at .80, +.29
[12:26] {bruce} glad it was green for you
[12:26] {bruce} tempted to short dv here
[12:27] {dino} dk, toughy
[12:27] {dino} uyg s maybe
[12:28] {dino} nah
[12:39] {dino} l de .15
[12:41] {Threei} going to call it a day guys, time to chill out after this rollercoaster
[12:42] {bruce} have a good weekend vad
[12:42] {Threei} my feeling (so far) for the next week is, we continue slide down but in more orderly fashion
[12:42] {Threei} will see how it goes
[12:42] {magoo} ty vad
[12:43] {dino} out de .39, +.24 yeah black
[12:43] {magoo} have good weekend
[12:43] {Threei} take care, see you all on Monday
[12:43] {dptl} have a good weekend all
[12:43] {dino} take care 3i
[12:51] {bruce} good thing you took de as scalp dino
[12:51] {dino} yeah, wow
[12:51] {patience} here i was trying to have a snooze and look at the dow
[12:51] {dino} break of 83 i may hit it again
[12:51] {dino} but doesn't look like it will get there
[12:52] {dino} going for lod
[12:52] {bruce} yes - big breakdown
[12:52] {dino} nah, i'm done, no mas
[12:53] {dino} wow look at it
[12:53] {dino} goes 50 cents in a blink
[12:53] {bruce} rimm, goog, aapl
[12:54] {bruce} all the big boys down now
[12:54] {bruce} people bailing before weekend
[12:55] {dino} wait until joe blow gets his monthly statement
[12:56] {bruce} good point
[12:56] {bruce} tehy'll be out soon
[12:57] {bruce} brokers will be phoning people telling them now is time to double up
[12:57] {dino} thinking that, could be a tough february
[12:57] {dino} de going for 83
[12:58] {dino} man, should've bgt
[12:59] {bruce} rimm s still siting at bottom
[13:06] {bruce} bye all
[13:09] {dino} gn all

Thursday, January 24, 2008

January 24, 2008

Session Start: Thu Jan 24 00:00:00 2008

Session Time: Thu Jan 24 00:00:00 2008

[05:40] {Threei} Good morning
[05:40] {cosmo} lets hope
[05:40] {Threei} some early activity on SEED, don't see news
[05:41] {cosmo} HGSI
[05:41] {Threei} 3 upgrades
[05:42] {Threei} Bear Sterns, Piper and Baird
[05:49] {dptl} good morning all
[05:50] {magoo} morning
[05:51] {hawkfan4} good morning all
[05:52] {Threei} dp, magoo, hawk :)
[05:55] {esemde} gooooood moooorrrrning!
[05:55] {Threei} ese :)
[05:58] {dino} gm all
[05:59] {esemde} diiiinnnnnoooooo
[05:59] {Threei} dino :)
[06:01] {dino} gm es, 3i
[06:01] {dino} killing solars again
[06:05] {cosmo} SYMC pre mkt high = 16.85 fwiw
[06:06] {esemde} solars still the way of the future...until the star trek transporters and tractor beams finally come on line...hmmmm
[06:07] {Threei} but "beam me up Scotty" sounds much sexier than "ethanol me up"...
[06:07] {esemde} will be investing in them heavily
[06:07] {esemde} for sure!!!!
[06:08] {cosmo} prepare to be assimilated...
[06:08] {Threei} and "ethanol me up: sounds like substance abuse
[06:08] {esemde} or corn me up.....grain me up.......nawww
[06:10] {magoo} resistance is futile
[06:10] {cosmo} exactly
[06:10] {Threei} SEED is climbing still
[06:10] {Threei} COIN uptickming too
[06:10] {Threei} keeping en eye on both
[06:15] {Threei} no news on any of them so I assume it's a market following
[06:16] {Threei} they showed it before... and it's somewhat unusual for momo movers at relatively early stages
[06:20] {esemde} MBRK strep throat drug ok'd by FDA up+2 pts
[06:31] {Threei} that 8.65 bid on SEED was real
[06:34] {bruce} ffiv long vad?
[06:35] {Threei} too jumpy here, can't tell
[06:35] {magoo} when coin was high 9's yesterday, i believe i mentioned 11
[06:35] {magoo} didn't take long
[06:36] {Threei} SEED 8.62 long if stays above .40, careful with size
[06:37] {dino} sm l fslr 156.50
[06:38] {esemde} bstop JADE 3.81 long
[06:39] {magoo} COIN may be the one vad
[06:40] {esemde} JADE bstop invalid
[06:41] {Threei} 11 long if holding above 10.75 COIN
[06:41] {bruce} trow long?
[06:42] {cosmo} solars rising
[06:42] {dino} out fslr 163.50, +7.00
[06:42] {magoo} in
[06:43] {Threei} wierd one bruce, don't know
[06:43] {magoo} coin
[06:43] {bruce} k
[06:43] {dino} tough crowd
[06:43] {Threei} sheesh ANAD
[06:44] {dino} back to my corner i guess
[06:44] {Threei} lol dino
[06:45] {bruce} wow dino huge win - nice
[06:45] {magoo} arca still bad
[06:45] {dino} ibm lod
[06:45] {dino} ty bruce
[06:45] {dptl} out +.21 coin ty
[06:45] {Threei} half out COIN .28
[06:45] {magoo} in seed
[06:46] {Threei} .95 stop for the balance
[06:46] {Threei} welcome dp
[06:46] {magoo} waiting seed .87
[06:46] {magoo} waiting coin .47
[06:47] {magoo} change my mind in a nano sec
[06:47] {Roman} PAAS long setup, slow
[06:47] {Roman} in 36.18 area small
[06:48] {esemde} 1/2 lot long MBRK .26
[06:50] {dino} sm l gs 197.00
[06:51] {magoo} SOLF going
[06:53] {dino} out gs 198.10 +1.10
[06:53] {magoo} COIN 12 looks doable
[06:54] {magoo} waiting .91
[06:54] {Threei} SEED stop to .55
[06:55] {magoo} l solf .35
[06:55] {magoo} wait .74
[06:58] {hawkfan4} just FYI mags, from today: Solarfun Power (SOLF 16.81) prices a 6 mln share ADS offering at $15/ADS...
[06:59] {magoo} oh..ty thats big
[06:59] {magoo} shit
[06:59] {Roman} watching LEN on existing home sales numbers
[06:59] {Roman} due in 1 minute
[06:59] {dino} sm l spwr 65.25
[07:00] {Threei} PEIX is happy for some reason
[07:00] {Threei} *DEC EXISTING HOME SALES: 4.89M V 4.95ME
[07:00] {magoo} out SOLF
[07:00] {magoo} bad trade
[07:00] {dino} out spwr 65.85, +.60
[07:02] {esemde} out MBRK .57 +.31
[07:02] {Threei} dp... will you kill me if I mention AATI?
[07:02] {Roman} THQI
[07:02] {Roman} capit play bidding 16.5
[07:03] {dptl} :)
[07:04] {Threei} market seems to be determined to continue rally
[07:04] {dino} until 2:00 pm
[07:04] {dino} rfr i was waiting at 16.32, :)
[07:06] {Threei} QID short small shares, wide stop
[07:06] {Threei} stop is above .50
[07:07] {dino} gutsy move maverick
[07:09] {magoo} stopped seed
[07:10] {Roman} LEN possible short
[07:12] {Threei} no go QID
[07:12] {dino} gs, ibm negative
[07:12] {dptl} ye stopped
[07:13] {esemde} this one of them ones that will just explode...
[07:13] {Roman} LEN short small
[07:13] {esemde} 1 min solid against .90
[07:14] {Roman} in. 48 LEN short
[07:15] {esemde} anyone know anything about BKUNA
[07:15] {dino} dji negative
[07:15] {dino} its a bank
[07:16] {esemde} tks
[07:16] {magoo} naz chart roller over
[07:16] {dino} results public today
[07:16] {dino} np
[07:17] {Roman} out
[07:17] {Roman} LEN -.03
[07:18] {dino} spwr sm l 63.70
[07:18] {dino} wide
[07:19] {esemde} man dino that thing bouncesa a buck at a shot
[07:19] {dino} thats why small
[07:20] {esemde} no thats my chart flipping out
[07:20] {esemde} that was weird
[07:20] {dino} oh
[07:21] {bruce} aapl dino
[07:22] {dino} out flat spwr
[07:23] {dino} scared me out
[07:23] {dino} wow aapl
[07:23] {bruce} yes - we missed 135
[07:26] {dino} seriously bruce, aapl is my moby dick. kills me usually
[07:27] {dino} spwr l 63.60 sm wide
[07:27] {bruce} lol
[07:27] {bruce} next time take the tartar sauce dino
[07:28] {dino} lol, spongbob
[07:30] {Threei} *DOE CRUDE: +2.3M V +1.5ME; GASOLINE: +5.1M V +1.4ME; DISTILLATES: V FLAT EST.; UTILIZATION: 86.5% V 87.1%E
[07:31] {esemde} l HGSI .98 bit of an aggressive entry 1/2 lot
[07:33] {dino} spwr stopped -.40
[07:33] {magoo} more down
[07:34] {dino} oih moving back up, watch solars
[07:34] {magoo} sheesh..eratic
[07:36] {dino} indeed, patterns not recognizable right now for me
[07:36] {dino} avtr bruce
[07:37] {dino} thin
[07:37] {bruce} wow - 70 spread
[07:37] {bruce} no kidding
[07:37] {bruce} you see it as a long?
[07:37] {bruce} I have no feel for it whatever
[07:38] {dino} now spwr goes, lagging
[07:39] {dino} oih rockin'
[07:40] {dptl} ese ...whre is your stop hgsi?
[07:44] {Threei} GOLD small shares long .35, stop under .10
[07:45] {Threei} if loses support before triggering, will be interesting again closer to 47.50
[07:46] {patience} bought VLO for swing trade
[07:47] {dino} you will be rewarded
[07:52] {dino} avtr sm l .85
[07:52] {dino} risky, wide, jumpy
[07:54] {dptl} stopped gold
[07:54] {Threei} ?
[07:55] {Threei} I don't see it losing support
[07:56] {dptl} i see .09 bids
[07:56] {Threei} .10 never gave up
[07:56] {dptl} it was prob my turned off arca at .10 ...damnn
[07:56] {Threei} ah
[08:01] {Threei} now it did
[08:01] {magoo} vad, mkt feell here?
[08:01] {Threei} none
[08:01] {bruce} a couple bucks for avtr stop dino?
[08:01] {Threei} aimless wandering
[08:02] {dino} don't let it hurt you bruce, i was way off on it
[08:02] {dptl} crazy gold
[08:03] {dptl} .60 print?
[08:03] {Threei} out of bounds
[08:03] {Threei} total wierdo, don't know how Roman trades it, lol
[08:05] {bruce} it's looking better now dino
[08:06] {Threei} IDIX
[08:06] {Threei} tough one and requires a lot of patience
[08:06] {Threei} 5 seems to be worth a try
[08:07] {bruce} drat - stopped
[08:07] {esemde} have a great day everyone...still long HGSI...had an upgrade so i'm gonna let it ride the rest of the day...take care
[08:07] {dino} i am small on it, but the thinness got us, sorry
[08:07] {Threei} take care ese
[08:08] {esemde} see ya vad
[08:08] {bruce} I traded itsmall dino
[08:08] {dino} damn stopped
[08:08] {bruce} just wish I got your 6 buck win this am
[08:11] {dino} it was a lucky hit bruce. count on 2/day
[08:11] {dino} avtr going to turn now it looks, sheesh
[08:11] {dino} ivgn drops again
[08:12] {dino} ogrrrr above stop
[08:12] {bruce} yes - noticed exactly that - about 2 biggies per day
[08:12] {dino} y
[08:13] {dino} solars trying to rally a bit
[08:13] {dino} gs lagging badly
[08:13] {dino} aldn spike
[08:14] {bruce} shhesh gold - you manage to hold it thru that downtick vad?
[08:14] {Threei} no
[08:14] {bruce} choppy pos
[08:16] {dino} lol
[08:19] {bruce} investors just upset the aapl cart dino
[08:21] {dino} wow
[08:24] {dino} gs
[08:26] {bruce} I like gs long
[08:30] {dino} me too, wanted 195.35
[08:30] {dino} didn't get it
[08:31] {dino} a bit distracted here. so slowing down
[08:32] {bruce} wow - would have been great entry
[08:33] {bruce} I was thinking .50 entry after it broke .65
[08:35] {dino} 196.50?
[08:36] {dino} i see 195.50
[08:37] {dino} i have to stop for awhile, closing in in 1 1/2 hrs, atty. screwed up settlement statement
[08:37] {dino} now bugging me
[08:37] {dino} cavm just spiked
[08:37] {dptl} idix stop?
[08:37] {Threei} under 4.80 for now
[08:37] {bruce} 195.50
[08:38] {bruce} no way 196
[08:38] {dptl} ty
[08:39] {Threei} 4.84 will do too
[08:39] {dino} ok
[08:40] {dptl} in 5.01
[08:40] {dino} if dji goes so will gs, imo
[08:42] {Threei} HGSI climbing for ese
[08:43] {Threei} if IDIX takes 5.10 dp... and it should... gotta be a good one
[08:43] {dptl} ok ...
[08:44] {LaserDave1} dcc dptl
[08:44] {Threei} lately, after it takes major resistance levels it tends to go for real, and overshoot sane targets
[08:44] {Threei} uh oh
[08:44] {Threei} dptl in troubles
[08:45] {Threei} and I did tell him not to hack warren buffet account and invest it all in IDIX
[08:47] {Threei} QCOM worth a try here
[08:47] {Threei} first sign of strength, pullback entry
[08:47] {Threei} stop .39
[08:47] {Threei} .55 my trigger
[08:48] {Threei} if holding above .40 of course
[08:49] {Threei} disregard
[08:49] {Threei} trades like cow on ice
[08:50] {bruce} lol
[08:50] {bruce} good one vad
[08:50] {Threei} IDIX on the other hand...
[08:54] {dptl} should we moove our stop?
[08:55] {Threei} 4.89...
[08:55] {Threei} I don't want to overtighten it, IDIX sometimes becomes a wierdo
[08:55] {dptl} ok..
[08:55] {Threei} and this slow accumulation looks really good
[09:00] {dino} vlcm
[09:02] {dino} thqi l .00, stop .73
[09:05] {dino} 1/1 bruce you on your own
[09:09] {bruce} o0ut
[09:09] {dino} gj
[09:09] {bruce} thanx dino
[09:10] {bruce} bsc looks short - looks like your kind of trade mags
[09:12] {dino} out thqi .25, +.25
[09:13] {Threei} CKEC
[09:13] {Threei} don't see news
[09:13] {dino} maybe another paris video
[09:15] {dino} hmm, will it spike to 6ish
[09:16] {dino} cavm
[09:22] {dino} cavm sm s .57
[09:22] {dino} stop .81
[09:22] {bruce} for a great entertainment treat
[09:22] {bruce} go see "Cows on Ice"
[09:23] {bruce} it's a moooving experience
[09:23] {Threei} lol
[09:23] {bruce} bring your own hay
[09:23] {dino} lol
[09:25] {bruce} has mags joined vad in coma today?
[09:25] {dino} yeah, not hearing much out of him
[09:26] {magoo} eating lunch
[09:26] {bruce} bet hes worried about new vad tax
[09:26] {magoo} not today i'm not
[09:26] {magoo} downb
[09:27] {bruce} ah - sorry mags
[09:27] {magoo} u know how it goes
[09:29] {bruce} yeah - bad month overall for me
[09:32] {dino} hang in there
[09:33] {dino} cov cavm .35. +.22
[09:35] {dino} too soon
[09:39] {bruce} de dino
[09:39] {magoo} mnkt feeol vad?
[09:40] {Threei} no idea
[09:40] {Threei} ups and downs are pretty much random today
[09:42] {dino} gotta hop bruce, but use your gut, you know when. did you get cavm short?
[09:44] {bruce} no - took 20 c out of bsc
[09:44] {dino} ok, good job, up today?
[09:44] {dino} aside from avtr good day
[09:44] {bruce} yuppers - two in row
[09:45] {bruce} crossing fingers
[09:45] {dino} great. ok closing in 154 minutes, back in 45 i hope
[09:45] {dino} 15
[09:45] {bruce} k
[09:45] {bruce} taking break here too
[09:59] {Threei} agreement is reached on stimulus plan
[10:00] {Threei} what's that?
[10:00] {Threei} I am behind fed, I still don't know :)
[10:04] {Chaeron} Roman's not here today... hmmmm... maybe he was on the other side of those huge trades... :)
[10:09] {dptl} ckec?
[10:09] {patience} story on fed and french rogue trader
[10:09] {patience} supposed rogue trader imo
[10:19] {Chaeron} aren't all traders "rogue" Patience? :)
[10:21] {Threei} I think they quote me
[10:21] {Threei} sheer folly and utter irresponsibility it is for the Fed to use its limited ammunition to intervene in equity prices
[10:22] {dino} back
[10:27] {patience} sorry Chaeron, just back....just bought June Yen calls (XDN)
[10:30] {Chaeron} you rogue trader, you....
[10:30] {Threei} CKEC really wants 6 or what
[10:32] {dino} all i find is a special u2 concert movie sceening in feb
[10:33] {Threei} and Rambo coming in jan
[10:34] {dino} lol
[10:34] {dino} de would've worked bruce good spot
[10:41] {bruce} thanx dino
[10:41] {bruce} just got back
[10:42] {dino} ckec, vad i'm thinking short it
[10:42] {Threei} tempting
[10:42] {Threei} but still holding and even getting some buys
[10:42] {dino} the buyers are fools, lol
[10:43] {dino} setiously tho, i am waiting at 6.42
[10:43] {Threei} oh
[10:43] {dino} seriously
[10:43] {Threei} if it goes that high, I'll be with you :)
[10:45] {dino} thats why i am there, it shouldn't but anything can happen
[10:46] {Threei} STIMULUS PLAN: HOUSE SPEAKER PELOSI: 117M FAMILIES TO GET TAX REBATE CHECK UNDER PLAN, GSE LIMIT UP - WIRE CITES DOCUMENTS- FNM FRE conforming loan limts to rise to $625,00 from $417,000 for one year
[10:47] {bruce} aapl short?
[10:48] {Threei} you OK with stop over 134?
[10:48] {dino} for one year fnm? then crush 'em again?
[10:48] {magoo} i like aapl long
[10:49] {bruce} sure - can just adjust for size
[10:49] {dino} aapl been holding the support, imo, don't know about short
[10:49] {Threei} whole rescue plan starting with fed cuts feels like doomed exercise in futility to me, dino
[10:49] {Threei} and will backfire badly
[10:50] {bruce} a bear market is overdue
[10:50] {dino} avtr big bounce, thin toughy
[10:50] {bruce} we had that big rally hat went right thru summer last year
[10:51] {dino} agree 3i, except i think rate cuts would handle the whole problem....this other stuff is politics, election year here
[10:51] {dino} avtr a builder, tol, etc. they may bounce on this
[10:52] {dino} seems so
[10:52] {Threei} maybe careful and calcutated rate cuts... not this knee-jerk reaction to masrket fluctuations
[10:52] {dptl} same stop on idix ,Vad? .89
[10:52] {dino} yeah 2 bucks avtr, sheesh
[10:53] {Threei} we may have different timefreames on it dp... if it doesn't break today I am willing to hold it
[10:53] {Threei} if you aren't, trail to .94
[10:54] {dptl} ok
[10:54] {Threei} my stop is still at .84
[10:55] {Threei} and I was hesitant to move it there from .79 even :)
[10:55] {dino} agree 3i, but in the end none of it will do what they want. time is the hell we all live in
[10:58] {Threei} the only difference I have is,
[10:58] {Threei} I don't believe they can improve things with their interventions
[10:58] {Threei} but I believe they can and do make things worse
[10:59] {Threei} you know what road is paved with best intentions...
[11:00] {dino} however, short term the easiest fix is to re-inflate, deflation is a far worse chaos risk at this point
[11:00] {dino} especially in election year
[11:00] {dino} enough tho. i am done
[11:00] {Threei} fork?
[11:01] {dino} lol
[11:01] {Threei} :)
[11:02] {magoo} bruce, that was a good short read on aapl
[11:02] {bruce} thanx mags
[11:02] {Threei} you did it bruce?
[11:02] {bruce} didn't take it -
[11:03] {bruce} trust mags judgement over my own
[11:03] {bruce} so let it pass
[11:04] {magoo} sorry bro
[11:04] {bruce} no problem - appreciate your input
[11:05] * Threei unholsters trout and hands it to bruce - appreciate magoo with this, will ya
[11:05] {bruce} lol
[11:05] * bruce slaps magoo around a bit with a large trout
[11:05] {bruce} yeah - good point vad
[11:05] {bruce} what WAS I thinking?
[11:06] {bruce} looking for more of those big point moves now mags
[11:07] {Threei} 6 on horizon, CKEC
[11:07] {dino} trust your gut bruce
[11:07] {Threei} and has this smell of inevitability
[11:07] {dino} ckec?
[11:07] {dino} opps
[11:08] {bruce} algt dino
[11:09] {Threei} see 5 100 shares prints at 6.05 CKEC?
[11:10] {magoo} i wonder if IF BIDU wants 300 today?
[11:11] {magoo} magnate thought vad
[11:11] {dino} airline, oih up
[11:11] {magoo} mkt dependant tho
[11:11] {Threei} yeah... and I have very hard time judging market direction today
[11:12] {bruce} long algt .48
[11:16] {magoo} fslr going green
[11:16] {dino} stop?
[11:16] {magoo} dam missed it
[11:16] {magoo} was watching all day
[11:17] {bruce} .15 stop dino
[11:20] {dino} nice, i was waiting at .42
[11:21] {bruce} k
[11:21] {bruce} looks like it might work
[11:22] {bruce} stop to .40
[11:23] {dino} s ckec sm .95, stop .21
[11:28] {Threei} a lot of drek floating closer to surface today... CSUN, AKNS, HOKU
[11:30] {dino} usna
[11:35] {bruce} you get usna short dino?
[11:36] {dino} n
[11:36] {dino} thgt one more spike
[11:36] {bruce} k
[11:40] {dino} jod's coming
[11:40] {dino} hod's
[11:40] {dino} oih +6.65
[11:41] {dptl} cien?
[11:41] {bruce} half out algt +.30
[11:42] {dino} gj
[11:42] {bruce} thanx dino
[11:42] {bruce} good teacher
[11:42] {bruce} stop to be
[11:44] {Threei} CIEN, I'd try aggressive entry if NQ breaks
[11:44] {dptl} ok
[11:45] {Threei} I completely distrust them all today, prefer tighter stops
[11:46] {dino} ckec tighten to .18 not working
[11:46] {dino} ckec stopped .18, -.23
[11:47] {dino} crazy one
[11:52] {Threei} that Rambo must be really good
[11:52] {bruce} out balance algt =.27
[11:54] {bruce} rambo was my last cat vad
[11:54] {bruce} he wasw one crazy bad nasty kitty
[11:54] {bruce} you wouldn't want to cross him
[11:57] {dino} wrld sm s .33, stop .61
[11:57] {Threei} I wouldn't want to cross real rambo either
[11:57] {Threei} or the actor for that matter
[11:58] {bruce} my cat was the real rambo
[11:58] {bruce} taught that actor everything he knew
[11:58] {Threei} - Notes long term US strength will be refleted in currency
[12:03] {Threei} dino... interested in PRXL?
[12:03] {Threei} let me rephrase that
[12:04] {Threei} may I interest you in some PRXL?
[12:04] {magoo} vad, your feelinhg/ up or down inlast hour
[12:05] {Threei} I am so feelingless today...
[12:05] {Threei} each time when it seems something shapes up, market makes opposite move
[12:05] {bruce} have some wodka vad
[12:05] {Threei} and doesn't even set up for opposite directikon, just floats like piece of you know what in random currents
[12:08] {dino} how could we wrld stopped -.33
[12:09] {dino} i think bruce is right vad, have a shot
[12:09] {Threei} but I can't work after 7th
[12:09] {dino} then have 6
[12:10] {Threei} what do you think I did up to this minute?
[12:11] {dino} prxl? dk, was at bus stop
[12:12] {dino} too strong
[12:12] {Threei} didn't have that last spike yet
[12:12] {bruce} whats work vad?
[12:12] {dino} maybe break of .00
[12:13] {Threei} this is when I use my right hand to support the chin lest I hit keyboard with it, and left hand to keep eyelids open
[12:13] {Threei} it's hard work bruce
[12:13] {bruce} k - sounds like it
[12:13] {Threei} and 7th shot would make it practically impossible
[12:15] {bruce} I can imagine
[12:15] {bruce} after 7th the 8th is just too tempting
[12:15] {bruce} line em up
[12:15] {dino} de
[12:16] {Threei} I rarely am able to count those after 7th, my math abilities don't go that far even before all that hoopla
[12:16] {dino} had some orange stolie over the weekend, quite tasty
[12:16] {magoo} may close red
[12:17] {dino} prxl s .00
[12:17] {magoo} vad, whats the easier trade?
[12:17] {magoo} long or short iyo
[12:17] {Threei} overall? or you mean right now?
[12:17] {magoo} yes
[12:18] {Threei} OK... then my answer is yes as well
[12:18] {bruce} slap him mags
[12:19] {dino} fool the most by closing red, imo, fwiw, was
[12:19] {bruce} I'm a contrarian
[12:19] {bruce} so I'm going to say no
[12:21] {Threei} speaking of floating drek - even ZVUE is up 16 cents
[12:24] {bruce} mnst short on .33?
[12:24] {dptl} you gonna hold idix overnight ,Vad?
[12:24] {Threei} most likely
[12:24] {Threei} but don't let it impact your decision
[12:24] {Threei} our risk tolerance is different
[12:25] {dptl} daily looks good
[12:25] {Threei} and if it gaps to 52 tomorrow, I need to have someone to tease
[12:25] {Threei} for that opportunity I am even willing to be teased if it gaps to .03
[12:25] {dino} looks like its rolling bruce, i'm not in
[12:26] {bruce} me either
[12:26] {bruce} you don't need any reason at all to be teased vad
[12:27] {bruce} we're always happy to oblige
[12:27] {Threei} I know
[12:28] {Threei} CSIQ sudden happiness
[12:29] {Threei} if IDIX manages to digest these offers and finish over 5, my willingness will be reinforced
[12:33] {magoo} bidu 300
[12:33] {Threei} interestingly enough, made it with no help by market
[12:37] {Threei} so far so good IDIX
[12:37] {Threei} take 5.10, go to 5.50 tomorrow, and we are friends
[12:37] {Threei} or gap to 52 and we are friends forever
[12:38] {bruce} why settle for 52?
[12:38] {Threei} I am modest
[12:39] {bruce} we know that already
[12:40] {dino} prxl stopped -.26
[12:40] {bruce} thats why you cover your keyboard with a shawl
[12:41] {Threei} or alternatively, with a shovel
[12:42] {bruce} ah
[12:42] {bruce} I thought the shovel was for the nigerian dollars buried in your basement?
[12:42] {Threei} ORXL spike
[12:43] {Threei} PRXL
[12:44] {patience} blew out VLO position +.58 Don't like the market right now
[12:46] {bruce} still OK win for day trade patience
[12:46] {bruce} congrats
[12:46] {patience} thanks bruce, its all about not risking my little trading pot
[12:47] {bruce} can relate to that
[12:48] {bruce} qid now at lod
[12:49] {Threei} of course... NQ at hod, soooo....
[12:52] {bruce} just testing you vad
[12:52] {bruce} great observation
[12:52] {Threei} how do I fare?
[12:53] {bruce} retests this late in day don't rate a quick reversal scalp?
[12:53] {Threei} can break just as well
[12:54] {bruce} would have to be quick on trigger but I saw a quick 20c
[12:54] {Threei} total coin toos to me bruce
[12:54] {Threei} toss
[12:54] {bruce} k
[12:55] {Threei} here is quick 20 cents in opposite direction
[12:56] {bruce} yep
[12:56] {bruce} pop then drop
[12:59] {Threei} Ok guys, putting IDIX sell for after hours at 51.99
[12:59] {Threei} thank you all, have a good evening
[12:59] {Threei} see you tomorrow
[13:00] {dptl} have a good evening all
[13:01] {dino} gn all, thx
[13:01] {magoo} nite all
[13:02] {bruce} night dino, mags
[13:02] {bruce} vad
[13:06] {Threei} ETFC
[13:06] {Threei} REPORTS Q4 -$3.98 V -$2.90E, R$1.7B V -$1.1BE
[13:08] {magoo} how about softie vad?
[13:09] {Threei} not out yet
[13:09] {magoo} amgn?
[13:09] {Threei} NUVO phase 3 results
[13:09] {Threei} can't understand any single word
[13:12] {Threei} lol, NUVO back down - I guess someone finally managed to decipher the news
[13:13] {magoo} mikes out
[13:14] {dptl} for some reason i can use only arca after hours.....isld not working
[13:14] {Threei} hmmm... works for me
[13:15] {dptl} wierd orders on isld just cancels rightaway
[13:15] {Threei} MSFT spikes
[13:15] {Threei} REPORTS Q4 $0.50 V $0.46E, R$ V $15.9BE
[13:15] {Threei} R$16.37B V $15.9BE
[13:16] {magoo} syna vad??
[13:16] {Threei} REPORTS Q2 $0.60 V $0.58E, R$98.7M V $99.4ME
[13:17] {Threei} - Guides Q3 Rev $76-82M v $86.8Me
[13:17] {Threei} MSFT - Guides Q1 $0.43-$0.45 v $0.44e
[13:17] {Threei} - Guides FY08 EPS $1.85-$1.88 v $1.81e, R$59.9B-$60.5B v $59.44Be
[13:18] {Threei} just scalped MAFTY with ISLD dp
[13:18] {Threei} works like charm
[13:19] {dptl} i can't even put bid or offer it cancels right there
[13:19] {Threei} what does it say?
[13:20] {Threei} as reason for cancel?
[13:20] {dptl} no reason just says order canceled
[13:21] {Threei} weierd... some setting is wrong somewhere
[13:22] {Threei} hit yonder dave with trout and make him make it work
[13:24] {dptl} ye...he sad he'll he'll look at it
[13:25] {dptl} well i hope that idix will gap nicely tomorrow
[13:30] {magoo} SYNA vad??

Wednesday, January 23, 2008

January 23, 2008

Session Start: Wed Jan 23 00:00:00 2008

Session Time: Wed Jan 23 00:00:00 2008

[05:25] {Threei} Another day, another drop...
[05:26] {_pith} where are future at this morning
[05:27] {Threei} NQ - 63
[05:27] {Threei} AAPL warning kills market this time
[05:28] {_pith} wish I were trading this morning
[05:28] {Threei} isn't it funny... fed intervention, as urgent and as big as it was is rendered totally useless by market after one company report
[05:28] {_pith} market wants to go down..just let it and be done with it
[05:29] {Threei} but nooo... we need to cut down rates to zero, preparing the next destabilizing cycle
[05:29] {Threei} giving birth to another bubble, who knows in which indistry this time
[05:30] {Threei} this whole concept of series of tightening, then cuts, then tightening...
[05:31] {Threei} and it's being done every month, as if anyone has real time data, or as if feedback from previous movements worked its way through economy yet
[05:34] {_pith} just think, if rates get down to zero.. there will no longer be any sub prime loans:)
[05:34] {Threei} I will wait till they cut rates to negative
[05:35] {Threei} the idea of bank paying me for taking a loan inspires me
[05:36] {_pith} now theres incentive
[05:36] {Threei} - 5% annual will do
[05:37] {Threei} "fine, fine, I'll take out 10 mil for 10 years at fixed -5%, just stop calling"
[05:38] {_pith} would lending tree still have 4 banks competing for you loan?
[05:39] {Threei} why compete... I"ll gladly take 10 mil from each of them {G}
[05:40] {cosmo} hmm ... a bank bubble coming?
[05:40] {Threei} some bubble is coming for sure
[05:41] {Threei} fed succeeded in creating housing bubble, why woudn;t they apply their new-obtained skill to something else
[05:41] {cosmo} soap?
[05:43] {Threei} Raven... do you join me in drive to abolish fed?
[05:45] {Raven} that is too heavy for me this early ....
[05:45] {Threei} it's a room-wide drive
[05:46] {Threei} and come on... to abolish fed before morning coffee, it's just another day in the office
[05:46] {lumdus} good morning all.
[05:46] {Threei} hi lum
[05:46] {lumdus} How was the day yesterday, I didn't bother to look.
[05:47] {Threei} heavy beating in the market
[05:47] {Threei} but you missed nothing as beating continues today, lol
[05:47] {lumdus} ok cool
[05:48] {cosmo} it rained here
[05:48] {Threei} a lot of brokers had problems yesterday, there were reports about yours being one of them... so maybe good thing you skipped a day
[05:48] {Threei} and be careful today
[05:48] {lumdus} really tx for letting me know
[05:48] {Threei} watch quotes closely, to not get caught in a trade with no data or exit door
[05:48] {Threei} if feel that something sticks, ask for quote confirmation
[05:49] {lumdus} 3i, how was your broker ?
[05:49] {Threei} flawless
[05:49] {lumdus} good
[05:49] {Threei} was happy to see it, such days as yesterday is a great test
[05:49] {cosmo} HGSI pre mkt high = 8 fwiw
[05:50] {lumdus} yeah, i am wroking with dave to get the demo running for me
[05:51] {Threei} hmmm
[05:51] {Threei} [08:51] *** Notice -- Client connecting on port 7044: magoo (
[05:51] {Threei} -----------
[05:51] {Threei} [08:51] *** Notice -- Client exiting: magoo ( []
[05:51] {Threei} magoo saw the futures and left in deep disgust :)
[05:52] {cosmo} VRTX tries to hold 20
[05:55] {cosmo} QID up 7.5% fyi
[06:03] {Threei} poor AAPL
[06:03] {Threei} digital toasters do not get recognition
[06:03] {dptl} good morning all
[06:03] {Threei} dp :)
[06:04] {dino} gm all
[06:04] {Threei} dino :)
[06:05] {magoo} morning
[06:06] {Threei} mags
[06:06] {esemde} morning rt's..... s&p's down 20 again.....
[06:06] {Threei} and NQ - 65 ese
[06:06] {esemde} morning magoo
[06:06] {Threei} can we have another rate cut this fine morning?
[06:06] {dino} next bubble will be housing/real estate again, imo. right now the 30 year is close to all time lows. they must re-inflate, imo
[06:06] {esemde} i doubt
[06:07] {esemde} it
[06:07] {dino} 2009 watch
[06:07] {Threei} too bad, I'd take it with mayo
[06:07] {Threei} that was my first thought dino, as rates sure push in that direction
[06:07] {Threei} the only thing is, second time in a row?
[06:08] {magoo} i just wanna bank 1 grande today..don't care about anything else..very limited "daytrader focus" he he
[06:08] {dino} it's all cycles. we are back to the flood the world w/cheap $
[06:08] {Threei} people feel "it happened already and burned us", and banks won't be as generous for questionable loans
[06:09] {dino} there's always some new hotshots
[06:09] {magoo} the girl on cnbc just said"aapl potentially just caused a bear mkt" SIGH
[06:09] {dino} nothing really changes
[06:09] {magoo} yeah, its all aapl's fault
[06:09] {Threei} magoo - as opposite to other days when you have worldwide focus and try to fix whole slew of things, from stravation in 3rd world to universe expansion?
[06:10] {magoo} OY he he
[06:10] {Threei} that's one very sensitive bear, easily to impress eh? if AAPL could cause bear market...
[06:11] {Threei} easily = easy
[06:11] {Threei} I guess
[06:11] {dino} w/50% growth
[06:11] {esemde} if the market comes back today like it did yesterday....thats ahuge sign in my opinion
[06:13] {Threei} hmmm
[06:13] {Threei} canadian TV just said:
[06:13] {dino} end of days, es? lol
[06:13] {Threei} if you are looking to get out of stock market, is real estae good idea?
[06:13] {Threei} weaiting for after commercial break, if they say yes it is - bottom is found {G}
[06:13] {esemde} in my opinion....yes
[06:14] {esemde} but....what do I know
[06:14] {dino} seriously, very soon. look to foreclosures, or contact your bankers find out what they have to dump. ex: a $100k nonperforming, flipped to you for $50k = $150k positive swing for the bank/and regulators
[06:15] {dino} you get great deals
[06:15] {cosmo} omg
[06:15] {Threei} not in Canada, dino
[06:15] {patience} dino, victoria real estate still booming and going up in price.
[06:16] {patience} wish i could pick up underpriced real estate
[06:16] {dino} could be, i'm talking my area from experience
[06:16] {esemde} was just gonna say that...not in Canada
[06:17] {esemde} don't know about you patience but my oak bay taxes just went up huge
[06:17] {patience} how rude
[06:17] {esemde} your in saanich right....?
[06:17] {patience} oak bay, uplands gold course
[06:17] {patience} golf
[06:18] {esemde} hmmmmm
[06:21] {Threei} AAPL, resistance formed at 138.5 so far
[06:22] {esemde} takin a beating.....people don't like the ultra thin computor I guess
[06:22] {Threei} who would
[06:23] {Threei} youy get a lot of paper cuts
[06:23] {Threei} and it's not water-resistant so can't use it as a razor
[06:23] {esemde} ha ha ha
[06:26] {Threei} if AAPl spikes sharply at the open as it often tends to do, look for short opportunity
[06:26] {Threei} small shares, volatility is huge
[06:26] {Threei} and will be most likely too fast to alert in time
[06:29] {magoo} wow..really selling into open tho
[06:29] {dino} well they took 150 pts off of fslr, why not aapl
[06:30] {Threei} ding ding
[06:30] {Threei} RIMM bounce... another short candidate
[06:32] {Threei} AAPL is coming into resistance
[06:32] {magoo} aapl bouncing
[06:33] {Threei} here, IMO
[06:33] {magoo} where u thinking vads?
[06:33] {dino} opps, forgot to put the tunes on
[06:33] {Threei} in
[06:34] {Threei} .70, stop over 140
[06:34] {Threei} half out +.90
[06:34] {Threei} grrr, missed RIMM near 85.50
[06:35] {lumdus} stp on rimm ?
[06:35] {lumdus} missed appl
[06:35] {Threei} out second half AAPL
[06:35] {lumdus} 3i, rimm stop ??
[06:35] {lumdus} i got 85.21
[06:35] {Threei} over 85.50
[06:35] {lumdus} out 1/2 lock in rest .50 stop
[06:36] {Threei} wtg
[06:36] {dino} gj
[06:36] {lumdus} maybe stop even . don't be greedy
[06:36] {lumdus} pigs get slaughtered
[06:37] {Threei} {pigs} huh?
[06:37] {lumdus} yeah, if i am a pig no good.
[06:37] {Threei} ugh... too bad AAPL scared my second half
[06:37] {lumdus} stop on rimm ..80
[06:37] {magoo} vad, many shares? i took 200
[06:37] {lumdus} great job 3i on rimm tx
[06:38] {Threei} 400
[06:38] {magoo} i out 137.79
[06:38] {Threei} good job guys
[06:38] {magoo} ok, i only 200
[06:38] {lumdus} out rest rimm + .55
[06:38] {Threei} well, I profited on 200 only, so... :)
[06:38] {Roman} long MBI
[06:38] {Roman} 12.05 small
[06:39] {Threei} LLNW?
[06:39] {Threei} I sewe no news
[06:40] {Threei} disregard, bs spike on low volume puker
[06:40] {magoo} u have any opinion of the stock lol?
[06:40] {Threei} watching CREE
[06:41] {Threei} only negative ones, mags :)
[06:41] {magoo} cree good report last nite
[06:41] {Threei} and it covers whole universe of stocks
[06:41] {Threei} watching for pullback long
[06:42] {Threei} 01/22/08 04:01pm [CREE] Reports Q2 $0.14 v $0.06e, R $119M v $116M
[06:42] {lumdus} in toll
[06:42] {Threei} 26.5 would be da best
[06:42] {Roman} in WM
[06:42] {Threei} probably unrealistic though :)
[06:42] {Roman} 14.15
[06:43] {Roman} LEN looks good
[06:43] {dino} ivgn sm l .95
[06:44] {Threei} .35 small shares long CREE
[06:44] {lumdus} in bac
[06:44] {dino} stop is .49
[06:44] {Threei} invalidated
[06:44] {Threei} pullback buy back on the table
[06:45] {dino} stopped slippage at .39
[06:45] {Threei} let it drop under 27
[06:45] {bruce} -.47 for me dino
[06:46] {dino} mkt dropped on us
[06:46] {Threei} GRMN
[06:46] {bruce} yes - quick move
[06:46] {Threei} watch for long on pullback
[06:47] {magoo} we in cree?
[06:47] {Threei} no... wanted it under 27
[06:47] {magoo} ok, ty, phone call disrupted me
[06:48] {esemde} Scon
[06:48] {Threei} 28 break long CREE
[06:49] {magoo} grmn entry u looking for?
[06:49] {Threei} if loses .50, back to pullback under 27 idea
[06:49] {Threei} not sure yet on GRMN
[06:49] {magoo} ok
[06:49] {magoo} gonna depend on mkt
[06:51] {Threei} 60.25 GRMN if stays above 60
[06:51] {dino} blog l .97, stop .67
[06:51] {Roman} GOOG long setup
[06:51] {Roman} capit play
[06:52] {Roman} bidding 554.5
[06:52] {Threei} double lot?
[06:53] {Roman} 200 shares
[06:53] {magoo} i gotta go ask dave for more margin
[06:53] {Roman} damit
[06:53] {magoo} 50 : 1
[06:53] {dino} darn ivgn
[06:53] {magoo} in grm
[06:55] {Threei} GRMN, north is over there
[06:56] {Threei} now you got it... sheesh, those gps manufacturers
[06:56] {dino} blog stop to b/e
[06:56] {esemde} long CREE .60 small
[06:56] {magoo} out .58 TY vad
[06:56] {Threei} half out
[06:57] {Threei} welcome sir
[06:57] {magoo} u know me full out
[06:57] {Threei} XMSR
[06:57] {lumdus} FE strong
[06:57] {Threei} out GRMN in full
[06:57] {dptl} out.93 grmn ty
[06:58] {Threei} +1.15
[06:58] {Threei} high five dp
[06:58] {magoo} beauty
[06:58] {esemde} outOUT CREE .24 +.64
[06:58] {Threei} good one ese
[06:58] {dino} msft l .50, stop .24
[06:58] {esemde} tks for the heads up
[06:58] {Threei} missed CREE being focused on GRMN
[06:58] {magoo} yeah
[06:58] {magoo} me too
[06:59] {Roman} short SPY
[06:59] {Roman} 129.40
[06:59] {Threei} anf they say garmin leads you by itself
[06:59] {magoo} grmn requires all of my limited attention abilities
[06:59] {Threei} limited are better than non-existent mags... you are in more favorable position vs me
[07:00] {dino} bruce blog 1/1 on your own
[07:00] {bruce} didn't take - in msft though
[07:01] {dino} msft hod
[07:01] {dino} ok
[07:01] {Threei} COIN...
[07:01] {dino} msft 1/1
[07:02] {Roman} cover SPY +.04
[07:02] {Roman} out MBI +.90
[07:03] {bruce} out msft =.17 - didn't play it very well
[07:03] {Threei} SEED too
[07:03] {Threei} recent momos getting recycled
[07:03] {dino} nice rfr
[07:04] {dino} money is money bruce gj
[07:04] {Roman} out WM +.35
[07:04] {bruce} thanx -
[07:04] {dino} rfr on fire
[07:06] {dino} gs pos. again
[07:06] {Roman} wonder if it's time to get in to homebuilders
[07:06] {Roman} LEN long term play
[07:08] {magoo} long term=hold all day roman?
[07:08] {magoo} len
[07:08] {Roman} no, like months
[07:08] {Roman} get $22 out of LEN
[07:08] {Roman} GOLD long radar
[07:09] {dino} blog stopped .06, +.09
[07:09] {bruce} ewbc dino
[07:10] {dino} not sure, a bank
[07:11] {bruce} k
[07:11] {bruce} just watching it - lots of srtngth for moment
[07:11] {Threei} COIN small shares l,ong .37
[07:11] {dino} mabe 1 more big spike then s
[07:11] {Threei} stop under .10
[07:12] {dino} blog l again .10
[07:13] {magoo} in coin
[07:13] {lumdus} in bby 46.01
[07:14] {dino} ewbc waiting at 24.44 bruce way out
[07:14] {bruce} ivgn still dropping
[07:14] {dino} hmmm
[07:15] {dino} msft can't get thru .75
[07:15] {Roman} solars
[07:15] {Roman} CSIQ long
[07:16] {Roman} in 18.35
[07:16] {dino} markets rockin'
[07:18] {Roman} MBI
[07:18] {Roman} watcing off 13
[07:19] {magoo} waiting coin .88 vad
[07:19] {dptl} out .59 coin ty
[07:19] {Threei} welcome
[07:20] {Threei} some wird prints COIN
[07:20] {Threei} wierd too
[07:20] {dptl} yes that got me out .......lucky
[07:21] {dino} msft stop to .75
[07:21] {Threei} feel free to exit
[07:21] {dino} blog on your own
[07:21] {Threei} nice morning so far, 100%
[07:21] {dino} out msft +.25
[07:22] {dino} out blog .45, +.35
[07:22] {bruce} pcln dino
[07:23] {magoo} kickin coin
[07:23] {magoo} thats my .88
[07:23] {Threei} {COIN} ouch! take it easy, will ya
[07:23] {dino} pcln dk
[07:24] {esemde} question is DSTI a solar company
[07:24] {Threei} yes
[07:24] {esemde} tks
[07:24] {Threei} RIMM is weaker than market
[07:24] {dino} ivgn l 85.00 stop lod, last chance
[07:24] {magoo} OUT ty
[07:25] {Threei} short candidate for when NASDAQ is done
[07:25] {Threei} welcome magmeister
[07:26] {Roman} out CSIQ
[07:26] {Roman} +.05
[07:26] {Roman} in LEN
[07:31] {lumdus} so far great day.
[07:31] {lumdus} tx vad
[07:31] {dino} fcsx drop
[07:32] {bruce} shhesh ivgn
[07:32] {dino} ivgn stopped -.20 done w/it
[07:32] {bruce} lots of support at 85 but didn't hold
[07:32] {dino} too tough
[07:32] {bruce} -.25
[07:33] {dino} off screen
[07:33] {bruce} may still bounce around here dino
[07:33] {dino} damn missed fcsx
[07:34] {dino} atro strong today
[07:36] {magoo} hey vad..look at coin high
[07:37] {Threei} hehe
[07:37] {magoo} for an idiot i did pretty good on exit
[07:37] {lumdus} mco l
[07:37] {magoo} dino calls me idiot
[07:37] {Threei} actually you sold the very top
[07:37] {Threei} that .89 print was out of market
[07:38] {magoo} really, cause i was bummed i missed it he he
[07:38] {lumdus} good to be idiot then
[07:38] {Threei} lol
[07:38] {Threei} lum... don't forget to put trailing stop on your account
[07:39] {Threei} easy to get caught in excitement of a good day and spoil it
[07:39] {lumdus} thanks for the reminder. so far all hits -0-- need to walk away and calm down
[07:39] {Threei} good job
[07:39] {dino} gj, good idea
[07:40] {Threei} changing my take on RIMM
[07:40] {magoo} lum if i may ask..whats a good day? as in $500 or 1k or what
[07:40] {dino} 10 bucks
[07:40] {lumdus} magoo i play with 1k usually
[07:40] {lumdus} missed TYC .. crap !!
[07:41] {magoo} can't getr em all lum
[07:41] {lumdus} no, was to cheap underbid
[07:42] {magoo} u liking rimm long vad?
[07:42] {Threei} not yet, but don't see it as short anymore
[07:42] {esemde} ouuuuTYC that would have been a good one lum
[07:42] {magoo} kinda follows naz
[07:43] {magoo} naz rolling here
[07:43] {magoo} or not
[07:43] {Threei} good one ese
[07:43] {dptl} amln?
[07:44] {Threei} .51 worth a try but let's be cheapscates on it
[07:44] {esemde} ya...if one could have caught the break shot up there nicely
[07:44] {Threei} .39 stop
[07:45] {lumdus} vad, the intelliscan i put in to show me only stocks with av volume 4mi + it shows me REGN with only 265K so far.
[07:45] {lumdus} does that make sense ?
[07:45] {Threei} check your setting again, it shouldn't
[07:46] {Threei} you may have changed it but never saved layout,
[07:46] {Threei} so next day it's back to original setting
[07:46] {lumdus} hmm.. thanks fixed - you da man !!
[07:46] {Threei} :)
[07:49] {lumdus} hmm.. just got rgc with only 250k
[07:49] {lumdus} 3i, who can i ask for support for intelli ? admin ?
[07:49] {Threei} no
[07:49] {Threei} can you dcc me your configuration?
[07:50] {Threei} Collaborate link
[07:51] {lumdus} sent .. you want email better ?
[07:51] {Threei} no, this will do
[07:53] {Threei} OK, here is your volume:
[07:53] {Threei} you are using Minimum daily Volume
[07:53] {Threei} instead of Volume Today
[07:53] {Threei} put your limit in that window, you won't be geting these low volume alerts
[07:53] {lumdus} i want to use avg daily volume is that possible
[07:53] {Threei} posting it here for anyone who may have the same question
[07:55] {Threei} Min Daily Volume
[07:55] {Threei} These refer to the total daily volume on an average day. These do not use the current day's volume.
[07:55] {Threei} Min Volume Today - These are relatively simple filters based on each stock's volume for today. You can filter stocks based on the exact number of shares they've traded today. Or you can compare the number of shares traded today to the number of shares the same stock usually trades in an entire day.
[07:56] {Threei} in Configure Alerts - Window specific filters, click on filter symbol to summon help
[07:56] {lumdus} ok thanks
[07:57] {bruce} shoot we missed pcln revrsal dino
[07:57] {esemde} sure am fascinated by the QID you all put me onto the other day ....sure moves in an orderly fashion
[07:58] {esemde} watching that and the QQQQ....very interesting indicator
[07:58] {lumdus} min dail volume set to 4 million should not show me stock that has avg volume of 1 million correct ?
[07:58] {Threei} AMLN 1:1
[07:58] {Threei} no it shouldn't
[07:59] {dino} missed 2 bucks on fcsx too bruce was at 40
[07:59] {dino} 41
[08:01] {bruce} that was our 2 bucks
[08:03] {magoo} surprised aapl hasn't recovered a little better
[08:04] {bruce} Ivgn may have botomed here
[08:05] {dino} sm l ibm .00
[08:06] {dino} ivgn dk bruce
[08:06] {dino} labl hmmm
[08:06] {dino} thin
[08:07] {magoo} FSLR dump
[08:07] {bruce} ibm stop .44 orso?
[08:07] {Threei} RIMM short small shares .50 breakdown, stop above .70
[08:07] {magoo} how about grmn short vad?
[08:08] {dino} y
[08:08] {dino} mkt tricked us
[08:09] {Threei} 1:1 RIMM
[08:09] {dino} stopped ibm
[08:09] {Threei} not sure about GRMN magoo
[08:10] {bruce} still in - set stop wide to .35
[08:10] {dino} gl
[08:11] {magoo} out rimm .22 ty
[08:11] {Threei} yw
[08:11] {bruce} thanx - gonna need it
[08:12] {Threei} 1:2 RIMM, all out
[08:12] {Threei} +.41
[08:12] {dino} good hold bruce
[08:12] {Threei} wow
[08:13] {Threei} can I have mulligan?
[08:13] {dino} your ivgn call was right too
[08:14] {bruce} we'll see dino
[08:14] {Threei} full dollar RIMM
[08:14] * Threei is crying bitterly
[08:15] {dino} poor baby
[08:15] {Threei} wow AAPL
[08:16] {dino} disconnect, lots of stocks moving up
[08:17] {dino} fslr -21\
[08:17] {Threei} and still above yesterday's low
[08:18] {dino} significantly
[08:18] {magoo} dow down 99 correecyt?
[08:19] {dino} 88
[08:19] {bruce} out IBM +.21
[08:20] {Threei} wtg
[08:20] {dino} gj, see stops=skill
[08:20] {magoo} nice brucesky
[08:20] {magoo} news vad FSLR?
[08:20] {bruce} small win for risk - but thought best to exit neqar 100 as may not break
[08:21] {dino} hold on it wedbush morgan fslr
[08:21] {Threei} not really... target 195 by wedbush earlier today
[08:21] {dino} agree bruce touigh wall
[08:21] {bruce} finally - a green day
[08:21] {bruce} thanx dino
[08:22] {dino} oih -6 magoo, fslr -21
[08:22] {Threei} yeah, solars get beaten with oil
[08:22] {Threei} when oil drops to 50, people will start burning their hybrid cars
[08:23] {Threei} and cut down windmills
[08:23] {bruce} ewbc just hit your target dino
[08:24] {dino} strong
[08:24] {dino} not in yet
[08:24] {magoo} rimm bounce vad?
[08:25] {Threei} if AAPl does... tough one mags, don't know
[08:25] {Threei} what's with IRBT, climbs third day in a row
[08:25] {magoo} rimm and aapl in sync?
[08:26] {Threei} not exact but there is some following
[08:26] {Threei} this this downspike?
[08:26] {dino} ewbc waiting at .80 bruce
[08:26] {Threei} umm... trying again
[08:26] {Threei} see this downspike?
[08:26] {Threei} started with AAPL, RIMM followed
[08:27] {magoo} yep
[08:28] {dino} screw it s ewbc .45, stop .76
[08:28] {bruce} k dino
[08:28] {bruce} took itshort at .44
[08:29] {bruce} .60 stop
[08:29] {dino} ok
[08:29] {bruce} wish I'd waited
[08:29] {bruce} butwill see
[08:30] {Threei} this time RIMM was first to drop magoo
[08:30] {Threei} no pattern, can't trade this mess
[08:33] {Threei} probably worth a try long from 81 or quick sell under
[08:33] {magoo} well, look at dump in naz
[08:33] {patience} looking for an entry point into POT, swing trade
[08:34] {Threei} one more leg down and bounce
[08:34] {dptl} ceco?
[08:35] {magoo} where?
[08:35] {magoo} grmn held well in pummeling
[08:35] {dino} ewbc 1/1
[08:36] {bruce} half out ewbc + .23
[08:37] {bruce} stop to .40 on balance
[08:37] {lumdus} so we looking up or down or ..
[08:38] {Threei} get your RIMM here if you want it long, stop .60
[08:38] {dino} cov ewbc .18, +.27, ty bruce
[08:38] {magoo} in .94
[08:39] {bruce} welcome dino - your entry trigger
[08:39] {dino} uthr hmmm
[08:39] {Threei} 1:1 RIMM
[08:40] {dino} your spot, i took it off screen hour ago
[08:40] {lumdus} the fruit store on my block screems "get your Oranges here"
[08:40] {lumdus} shees i offered rimm .35 nobody took it
[08:42] {dino} peaches, peaches for free
[08:42] {dino} fslr bloooooody
[08:42] {Threei} magoo... can I exhale yet??
[08:43] {magoo} no..wait .94
[08:43] {magoo} out .71 TY
[08:43] * Threei sings Someone's Getting Greedy
[08:43] {Threei} welcome
[08:44] {magoo} sheesh..i sensed that greedy thingy
[08:44] {magoo} my mind was sayins SELL
[08:44] {Threei} you just got scared of the idea of me singing
[08:44] {Threei} and rightfully so
[08:45] {Threei} noone will tell you anything about my singing
[08:45] {magoo} vad..i believe u are perfect so far
[08:45] {Threei} because there are no survivors
[08:45] {cosmo} sounds vogon
[08:45] {magoo} like 5 of 5 or something
[08:45] {Threei} yup
[08:45] {lumdus} doing great vad
[08:45] {Threei} ty
[08:45] {Threei} can I go home?
[08:46] {magoo} what u think?
[08:46] {lumdus} short VAD at market no stop
[08:46] {Threei} does it matter?... :)
[08:46] {magoo} we gotta make the hay while its raining vad
[08:47] {Threei} this is one way to look at it,
[08:47] {Threei} another is, going to well once too many times...
[08:47] {bruce} you tell him mags
[08:47] {lumdus} i agree with magoo. we got it right today let's make tehe most oout of it.
[08:47] {magoo} or the bar
[08:47] {lumdus} not everyday so good.
[08:48] {dino} fwlt
[08:48] {Threei} may I humbly remind you all how many times you thought "sheesh, why didn't I stop trading after XX:00... would be a perfect day"
[08:48] {dino} odds against
[08:48] {dino} you do 7/10 usually, so odds tipping out of favor, imo
[08:49] {Threei} eqzaktly dino
[08:49] {lumdus} in hcbk long
[08:49] {Threei} you want to fool the odds? stop pushing, let it settle down, look for light trading later in the day
[08:49] {Threei} we are in lunch time now
[08:50] {lumdus} ok no more new position. i'll just manage my 1 open one.
[08:50] {dino} risky l fwlt .15
[08:51] {dino} too soon stopped
[08:52] {Threei} my next target for today:
[08:52] {dino} hmmm, getting rinsed alot today, going smaller
[08:52] {Threei} not to miss laserdave appearance to slap the living daylight out of him the moment he connects
[08:53] {magoo} ok, with u
[08:53] {magoo} want me to call him and ask him to log in?
[08:53] {Threei} that would be cheating
[08:54] {Threei} my sweating trembling hand grips the trout by the tail
[08:54] * magoo slaps Chaeron around a bit with a large trout
[08:55] {magoo} practicing
[08:55] {Threei} lol
[08:55] * magoo slaps Chaeron around a bit with a large trout
[08:55] {magoo} loosening up
[08:55] * magoo slaps Chaeron around a bit with a large trout
[08:55] {Chaeron} so that's what I'm good for?
[08:57] {dino} sm fwlt .00
[08:58] {dino} we must be getting close to lows, cnbc has separate dow ticker
[09:00] {bruce} 55.45 stop fwlt dino?
[09:00] {dino} y
[09:01] {bruce} k
[09:01] {bruce} thanx
[09:04] {dino} out .59, +.59
[09:04] {bruce} me too .62
[09:05] {dino} nice, green today?
[09:05] {bruce} thanx
[09:05] {bruce} yes
[09:05] {dino} gj
[09:05] {dino} 56.00 area maybe again
[09:05] {bruce} been hammered this month
[09:05] {dino} december i was way off average
[09:06] {dino} labl thinking s, sm
[09:06] {dino} thin
[09:09] {bruce} wow - 59 k forday - thqats thin
[09:09] {dino} sm s .91, wide, thin really move around
[09:15] {bruce} stopped balance ewbc +.19
[09:17] {Threei} feels like market is looking upward from here
[09:19] {dino} gj
[09:23] {bruce} de - any thoughts here dino?
[09:24] {dino} i like it, but need mkt help imo
[09:24] {bruce} k
[09:24] {dino} giving back yesterdays gains
[09:26] {bruce} pcln retrac3d over 5 bucks
[09:27] {dino} de here maybe
[09:28] {dino} dwsn wow
[09:31] {bruce} I think ivgnmay be worth try long around here dino
[09:33] {dino} gl
[09:33] {dino} mkt fast drop
[09:43] {Threei} another one seems to be coming
[09:43] {Threei} drop that is
[09:44] {Threei} 82 breakdown short RIMM
[09:44] {Threei} small shares
[09:44] {Threei} feel free to take profit
[09:45] {dptl} missing everything again today
[09:46] {dino} step back
[09:47] {esemde} the market ...she be tanking
[09:47] {dino} retest 11640
[09:47] {Threei} you got some in the morning though?
[09:47] {esemde}'s the only way to trade
[09:48] {esemde} am still thinking swing long on solars
[09:48] {dptl} couple yes.
[09:48] {bruce} taking break
[09:48] {Threei} COIN and GRMN if I remember correct
[09:48] {esemde} when this is over nobodys going to have any money to afford gasoline
[09:48] {dptl} yep
[09:48] {Threei} and they were nice size wins.... so relax and let it be
[09:49] {Threei} lol ese
[09:51] {dino} fwlt s,m l .75
[09:51] {dino} missed fcsx again
[09:52] {Threei} dp... if we only forgot to cover AATI short yesterday... {G}
[09:52] {patience} bought puts on the euro (XDE)
[09:52] {dptl} :)
[09:54] {dino} ivgn held pretty well thru that bruce
[09:56] {Threei} I am tired of staring at the spot just above lumdus... magoo, who said cheating is not allowed? call that lazy laserdave
[09:57] {magoo} roflol
[09:57] {magoo} he does like to sleep in
[09:57] {Threei} so let's make sure and call him tomorrow at 6 am west coast time
[09:58] {Threei} with nothing more than friendly "hey, how's life, just wanted to say good morning"
[09:59] {magoo} will mkt ever ever bounce again
[10:00] {cosmo} in the Spring
[10:00] {Threei} nope
[10:00] {Threei} never
[10:00] {Threei} it's going down from now on and till the end of eternity
[10:00] {dino} fwlt stop to .25
[10:00] {Threei} does eternity have end?
[10:02] {cosmo} it looks that way
[10:02] {dino} another month markets at zero, dow at least 300 pts/day
[10:02] {Threei} that's where we come in and buy 1000 shares of everything
[10:03] {magoo} pretty damaged mkt
[10:04] {magoo} always was..just now realizing it
[10:04] {patience} dow 10,000 doesn't look that far away
[10:04] {Threei} irrational exuberance ends...
[10:05] {cosmo} irrational exuberance is eternal
[10:05] {Threei} irrational apathy comes...
[10:05] {Threei} to be followed by new exuberance, even more irrational
[10:06] {cosmo} perpetual
[10:06] {magoo} i still say..and said it few days back..we gonna get a 500 point up one day wonder SOON
[10:06] {magoo} abby magoo cohen here
[10:07] {cosmo} you channel abby?
[10:07] {Threei} that's OK, we have Napoleon in the next room
[10:07] {patience} early next week, want to bet a beer magoo?
[10:08] {magoo} yup
[10:08] {patience} okey dokey
[10:09] {dino} out fwlt .40, +.65
[10:09] {Threei} just stay away from the room at the end of corridor, Chengis-hun tends to pick fights with Joe Stalin over there
[10:10] {dino} fslr new lows
[10:10] {magoo} and bidu and aapl
[10:10] {magoo} tech wrech
[10:11] {magoo} surprised grmn holds any green
[10:11] {magoo} read grmn vad??
[10:11] {Threei} it's still loading market map on its screen
[10:11] {dino} lol
[10:12] {Threei} no read either way mags, it's quite random here
[10:12] {magoo} watching aapl and fslr
[10:13] {magoo} vad, should bounce somewhere
[10:13] {magoo} do not know where
[10:13] {dino} i don't think vad's bounce, tiggers yes
[10:14] {Threei} sigh
[10:14] * Threei slaps LaserDave1 around a bit with a large trout
[10:14] * magoo slaps LaserDave1 around a bit with a large trout
[10:14] {Threei} beat you mags
[10:14] {Threei} I mean... beat you in beating dave
[10:15] {dino} it's official, i have the only short not working today
[10:15] {Threei} lol
[10:15] {dino} labl, ohhh mannnn
[10:15] {Threei} as patience says, how rude
[10:16] {dino} indeed
[10:17] {magoo} vad, how close u live to patience?
[10:17] {Threei} 20 min driving
[10:18] {magoo} how about dave?
[10:18] {Threei} dave in vancouver
[10:18] {Threei} mainland... me is islander
[10:18] {Threei} 90 min ferry separates us
[10:18] {magoo} i wish i lived next to u..we'd have great times
[10:19] {magoo} drinkin vodka...teasing crabs
[10:19] {Threei} hmmm... is it allowed?
[10:19] {magoo} building sheds
[10:19] {lumdus} vodka in middle of trading day. geesh
[10:19] {lumdus} yeah, i am back from a good lunch. vad told me to go
[10:19] {Threei} you know... animal rights society
[10:20] {lumdus} vad, i am ready for the afternoon session. looking for my next pick. just don't know long or short :)
[10:20] {Threei} or what stock
[10:20] {magoo} we powering up here vad?
[10:21] {Threei} chart looks like this but I don't trust it
[10:21] {dino} fwlt l sm .10
[10:21] {lumdus} in bbt 34.08
[10:21] {lumdus} long ouch !
[10:21] {Threei} I think it's going to pretend, then drop
[10:21] {esemde} I'm otta here...have a great rest of the day all...
[10:21] {Threei} take care ese :)
[10:21] {esemde} see ya vad
[10:22] {magoo} ES WAIT
[10:22] {lumdus} who let him leave early today ?
[10:22] {magoo} hes fast
[10:23] {Threei} one more wuick spike, then big fast drop is my read here
[10:23] {lumdus} for what stock ?
[10:23] {Threei} market
[10:23] {dino} cov labl .92 -.01 sheesh
[10:23] {lumdus} ok, i watch bbt and sell
[10:24] {Threei} here is spike
[10:24] {Threei} BBT is not really market follower lum
[10:24] {magoo} u thinkin qid?
[10:25] {Threei} I personally will refrain magoo
[10:25] {Threei} not feeling like trading at this point
[10:25] {Threei} I mean, easy money is made
[10:25] {dino} fcsx l sm .99
[10:26] {Threei} just a tad more, NQ... set the trap
[10:27] {dino} hey who's side you on? lol
[10:27] {Threei} hmmm
[10:27] {Threei} good question
[10:28] {Threei} I need to do serious navel-gazing, soul-searching and general wall-staring
[10:28] {dino} bruce ivgn gave a buck
[10:30] {Threei} and here is drop
[10:31] {Threei} if you went for QID, it gave about 50 cents
[10:32] {magoo} i did honest
[10:32] {Threei} if tried to follow it with RIMM, a little over a dlooar
[10:32] {magoo} took .23 and cut .50
[10:32] {Threei} dollar
[10:32] {Threei} good one mags
[10:32] {Threei} glad I could be of help
[10:32] {magoo} my first independent qid read
[10:32] {Threei} wtg
[10:32] {dino} out fwlt .50, +.40
[10:33] {magoo} easy button
[10:33] {dino} easy buttons going off all over the office
[10:35] {dino} de strength
[10:43] {dino} lol, just got confirmation on closing tomorrow, figured no way w/markets
[10:43] {Threei} nice :)
[10:43] {Threei} some don't care apparently
[10:44] {dino} his rate 5.6%
[10:47] {bruce} just got back dino
[10:47] {bruce} congrats on ivgn
[10:48] {dino} your pick, nice read
[10:48] {bruce} damn - sorry I missed it - was watching
[10:49] {dino} fcsx going to go bruce, imo, i'm in at 40.99 sm
[10:52] {dino} gilt
[10:53] {dino} nah
[10:53] {dino} ccrt
[10:55] {bruce} short ccrt here?
[10:56] {dino} fcsx stopped damn
[10:57] {bruce} sorry dino
[10:57] {dino} its ok
[10:57] {dino} ttek
[10:58] {bruce} good support around 40 in it
[11:00] {bruce} fcsx that is
[11:01] {dino} yeah
[11:05] {dino} there it goes
[11:09] {dino} boom strong
[11:11] {bruce} boom is one nasty stock
[11:11] {bruce} green candle , red, green , red, green and on and on
[11:11] {dino} avid spike
[11:15] {bruce} fcsx below 40
[11:19] {dino} seriously
[11:21] {Threei} my hesitant read is, one more little spike, then down
[11:22] {lumdus} vad, let me know when we are ready to trade again
[11:22] {Threei} here is spike
[11:22] {dino} risky, s avid .82, stop .02
[11:23] {dino} too soon
[11:25] {Threei} lum, pretty much personal choice here... market is extremely jerky, any reads is 51/49 at best
[11:25] {Threei} main theme for the rest of the day is preservation of profits
[11:25] {dino} avid stopped, taking a break
[11:25] {bruce} yep -
[11:26] {lumdus} bx about to break 20 hmmmm
[11:26] {Threei} being nicely up on such day, and having 100% hit rate, no way I let it evaporate
[11:26] {lumdus} yeah, not letting antyhing evaporate.
[11:27] {dino} dji going green
[11:27] {Threei} missed trade is just that, there are hundreds if nopt thousands moves every day that we do not partake in
[11:27] {Threei} it doesn't bother me
[11:27] {Threei} letting gained profits disappear though would, and big time
[11:27] {Threei} it's just not good management
[11:27] {lumdus} ok boss..
[11:28] {Threei} no single day will make you rich
[11:28] {Threei} here is a phrase I heard once, ponder it when you have time
[11:28] {lumdus} i know but if bx breaks 20 i think i need to take some. maybe 10% of usual trading. so i don't lose my gain from am
[11:28] {dino} there it is
[11:29] {Threei} Market is the easiest place to make money in, and hardest place to hold onto it
[11:29] {lumdus} very interesting phrase
[11:30] {Threei} maybe not exact quote, and no idea who said it... but you got the gist
[11:30] {patience} so vad, i'm up just over $7 per share on POT. do i scalp or let it run like i did with peix
[11:31] {Threei} ugh... no idea, your timeframe is beyond my comprehension :)
[11:31] {lumdus} way too funny !!!
[11:31] {Threei} I would have scalped 6 bucks ago, lol
[11:31] {patience} best intentions to hold, scalping instinct is strong
[11:32] {lumdus} 6 bucks ago !!
[11:32] {Threei} sooo, as a daytrader/scalper, in order to take advantage of first half of that phrase and alleviate the second: get your bite when the getting is good... and know when to jump off the bandwagon to keep what you made
[11:33] {magoo} i like this qid thing
[11:34] {magoo} just scaslped vads top call, in .60 out .91
[11:34] {Threei} {QID, batting eyelashes at magoo} why mags, I like you too, I am just too shy to admit it first
[11:34] {bruce} geesh -
[11:34] {lumdus} what is vad's top call ?
[11:35] {bruce} now we're running a dating agency in here for magoo?
[11:35] * bruce slaps magoo around a bit with a large trout
[11:35] {Threei} no idea lum... mags calls things to himself I think, and assigns calls to me to gain more confidence
[11:35] {Threei} or to have who to blame
[11:36] {magoo} u pay me to make them u look good boss
[11:36] {Threei} not only for magoo bruce... each call is actually setting you up with some stock... and if I don't call symbol, it's a blind date
[11:36] {magoo} [14:21] {Threei} my hesitant read is, one more little spike, then down
[11:36] {magoo} [14:22] {Threei} here is spike
[11:37] {dino} going to close 100 pts positive, dji
[11:37] {lumdus} great read
[11:37] {magoo} thats when magoo mind went..hmmmm..naz drop...long qid
[11:38] {magoo} but i am notorious scalper
[11:38] {magoo} if u note..even when vad takes half off..i usually exit full
[11:38] {bruce} aavid looks like short prospect here dino
[11:38] {magoo} want my money
[11:38] {dino} my stop was too tight
[11:38] {Threei} and to be totally honest mags, admit that you want our money too
[11:39] {dino} brb
[11:39] {magoo} feeling awkward here lol
[11:39] {Threei} don't... we won't hesitate to take yours given a chance lol
[11:39] {bruce} hey mags - you here about vads new "vad tax"
[11:40] {bruce} if you're up over 1 k 10 goes to vad
[11:40] {bruce} 10 %
[11:40] {Threei} I thought you saw my new taxedo bruce...
[11:40] {bruce} Idid vad
[11:40] {bruce} gald to be collecting it for you
[11:40] {Threei} for a modest adminitrative fee I guess?
[11:41] {bruce} very
[11:41] {bruce} very
[11:41] {bruce} el cheapo
[11:41] {Threei} very modest or very administrative?
[11:41] {bruce} me an adminsitrator?
[11:41] {bruce} bah
[11:41] {bruce} humbug
[11:42] {Threei} I don't know how you do it patience...
[11:42] {bruce} you mean put up with mags vadster?
[11:42] {Threei} lol
[11:43] {patience} finevery week i say to myself....ok, scalp to make enough to pay this weeks bills, then let the rest run
[11:43] {Threei} I mean things like POT trade
[11:43] {bruce} I truly can't imagine
[11:43] {Threei} the very marrow in my bones protests against letting such gains slide :)
[11:43] {patience} you should have held peix, got use to the ice water in my veins
[11:44] {Threei} I have some fine scotch in there
[11:44] {Threei} ice is melting quickly
[11:44] {magoo} uh bruce, thats why i never make more than $999.99...NO TAX
[11:44] * bruce slaps magoo around a bit with a large trout
[11:45] {bruce} thats part of your audit mags
[11:45] {bruce} theres a 50 fee for the trouting
[11:45] {bruce} vads rules of course
[11:45] {Threei} lol... I ahve a feeling bruce collects a lot of things behind my back and in my name
[11:46] {bruce} who me?
[11:46] {bruce} nonsense
[11:47] {Threei} but that's OK, I will be very rich as soon as all Nigerian partners finalize their deals
[11:47] {bruce} I know
[11:47] {bruce} we'll al jealous
[11:47] {bruce} except lum
[11:48] {bruce} he's have too much fun w 6 buck scalps
[11:49] {Threei} ADLR is halted, right?
[11:49] {bruce} sheesh vad - we need to tax that trade
[11:49] {Threei} yeah
[11:49] {Threei} 08:00am [ADLR] Trading halted; News pending
[11:51] {magoo} i can't pull it up
[11:51] {magoo} blank
[11:51] {Threei} still halted
[11:52] {magoo} usually shows level 2 right
[11:52] {magoo} just not trading
[11:52] {magoo} or are u blank
[11:52] {magoo} ?
[11:52] {Threei} there are only ARCA bids/offers
[11:52] {Threei} and you have it blocked
[11:52] {magoo} ahhhh
[11:52] {Threei} that's why :)
[11:52] {magoo} ty
[11:52] {magoo} u using arca today?
[11:53] {Threei} yes, it's better, not perfect yet
[11:53] {Threei} on and off
[11:54] {dino} hoft spike
[11:54] {dino} funny name; hooker furniture. wonder who they sell to
[11:54] {bruce} cpki any read vad - looks like your kind of trade
[11:55] {bruce} mags probably dino
[11:55] {magoo} that does it...............
[11:55] * magoo slaps bruce around a bit with a large trout
[11:55] * magoo slaps bruce around a bit with a large trout
[11:55] * magoo slaps bruce around a bit with a large trout
[11:55] {bruce} ah
[11:55] {bruce} thanks
[11:56] {bruce} thats
[11:56] {bruce} 50
[11:56] {bruce} 100
[11:56] {bruce} 150 bucks
[11:56] {bruce} 50 tax per trout mags
[11:56] * bruce slaps magoo around a bit with a large trout
[11:56] {bruce} giving you a freebie though
[11:56] {magoo} u pushing your luck little man {soup nazi}
[11:57] {bruce} no way to speak about vad mags
[12:00] * Chaeron slaps Threei around a bit with a large trout
[12:00] {Chaeron} oops sorry
[12:00] * Chaeron slaps Threei around a bit with a large trout
[12:00] {Threei} hmmm
[12:00] {Threei} what did i do
[12:00] {Chaeron} I keep missing........
[12:00] * Chaeron slaps magoo around a bit with a large trout
[12:00] {lumdus} it's what you didn't do 3i
[12:00] {Chaeron} there
[12:01] {Threei} ah
[12:01] {bruce} geesh chaeron - keep mising?
[12:01] {dino} back in 10
[12:02] {dptl} Dave dcc pls
[12:02] {bruce} you'd be a dangerous guy with a machine gun
[12:02] {Threei} dp... don't be so timid
[12:02] {Threei} here is how it's done:
[12:02] * Threei slaps LaserDave1 around a bit with a large trout
[12:02] {dptl} lol
[12:03] {Threei} see chaeron? not missing
[12:03] {Threei} aim with your heart, not with your eye
[12:04] {Chaeron} ahhhhh... kinda like "Use the Force"
[12:04] {Threei} kinda
[12:04] {_pith} "use the Fish"
[12:04] {Threei} lol
[12:04] {patience} blew out POT, +8.00 much for too unsettled
[12:04] {Chaeron} roflol
[12:04] * magoo slaps Chaeron around a bit with a large trout
[12:05] * magoo slaps _pith around a bit with a large trout
[12:05] * magoo slaps roeder around a bit with a large trout
[12:05] * magoo slaps patience around a bit with a large trout
[12:05] * magoo slaps magoo around a bit with a large trout
[12:05] {Threei} wtg patience
[12:05] * magoo slaps lumdus around a bit with a large trout
[12:05] * magoo slaps LaserDave1 around a bit with a large trout
[12:05] * magoo slaps jmb around a bit with a large trout
[12:05] * magoo slaps hawkfan4 around a bit with a large trout
[12:05] * magoo slaps dptl around a bit with a large trout
[12:05] {lumdus} chill magoo .. why you so mad now ?
[12:05] * magoo slaps dino around a bit with a large trout
[12:05] * magoo slaps cosmo around a bit with a large trout
[12:05] * magoo slaps Chaeron around a bit with a large trout
[12:05] {Chaeron} dino... can you get mags under control?
[12:05] * magoo slaps bruce around a bit with a large trout
[12:05] * magoo slaps bruce around a bit with a large trout
[12:05] * magoo slaps Raven around a bit with a large trout
[12:05] * magoo slaps Threei around a bit with a large trout
[12:05] {Threei} mad? lum, this is magoo relxaing
[12:05] {bruce} ka ching
[12:05] {Chaeron} true
[12:05] {bruce} not true
[12:06] {bruce} mags is mad
[12:06] {magoo} nah..grinning
[12:06] {bruce} Dr Phil said so
[12:06] {Threei} lol
[12:06] {bruce} right after seeing britney
[12:07] {lumdus} out bx 20.68 + .68
[12:07] {Threei} careful lum... bruce is going to try and collect his percentage from you
[12:08] {bruce} sheesh
[12:08] {bruce} .68
[12:08] {magoo} who is this great one named lum
[12:08] {bruce} might as well donate it all lum
[12:08] {Threei} DOW up 60 points
[12:08] {Threei} that's leadrship
[12:08] {Threei} go USA
[12:09] {dino} c'mon dji, 40 more
[12:09] {Threei} magoo, for your eyes only:
[12:09] {Threei} havce a look at COIN chart,
[12:10] {Threei} compare it's bottoming time with that of NASDAQ
[12:10] {magoo} see it
[12:11] {dino} magoo, in 40 words or less, compare & contrast....
[12:11] {Threei} +90 DOW
[12:11] {dino} here comes my 100
[12:11] {magoo} just teleports dow
[12:11] {dino} bammmmmm
[12:11] {Threei} CECOP
[12:11] {Threei} ANNOUNCES COMPLETION OF SEC INVESTIGATION: NO ACTION RECOMMENDED- Were advised 1/17/2008 that no action would be taken against company
[12:11] {Threei} CECO
[12:12] {dino} just that slm won't loan their students $
[12:13] {dino} fcsx spike
[12:13] {dino} can we get the comp green?
[12:13] {magoo} vad..could go near 11
[12:13] {Threei} easy
[12:14] {Threei} just 9 points
[12:14] {Threei} COIN mags?
[12:14] {lumdus} rally time !!
[12:14] {magoo} yup
[12:14] {dino} these daily stock price ranges have got to be historic
[12:15] {Threei}
[12:15] {lumdus} magoo.. you watching and waving or you in it ?
[12:16] {Threei} mags... I don't think it's going to happen today, but if NASDAQ continues strength, COIN has a serious shot
[12:19] {magoo} watching it lum
[12:19] {magoo} not in
[12:22] {dino} 450
[12:22] {dino} +pt range again
[12:23] {patience} i swear it is program trading and all these etf type funds the public can not trade that does it dino
[12:23] {patience} can gtrade
[12:23] {patience} yeesh
[12:23] {dino} alot is
[12:23] {dino} one thing, certainly not boring
[12:23] {patience} no, and has been profitable
[12:25] {dino} this market is making cnbc sound like idiots
[12:25] {dino} yes to profits too patience trades doing well
[12:25] {patience} i keep BNN streaming on my monitor
[12:26] {patience} monitor real estate is getting tight
[12:26] {Threei} {dino} this market is making cnbc sound like idiots
[12:26] {Threei} ummmm
[12:26] {Threei} is it really hard work? :)
[12:27] {dino} lol
[12:27] {Threei} ETFC?
[12:27] {Threei} I don't see news
[12:27] {dino} bartiromo going short
[12:28] {bruce} anyone having isues with data feed?
[12:28] {Threei} looks OK
[12:28] {Threei} need quotes?
[12:29] {bruce} no - but charts have been blinking on and off
[12:29] {bruce} thanx
[12:29] {bruce} not in anything at moment
[12:29] {bruce} ivgn dino
[12:30] {Threei} COMP +16
[12:31] {Threei} NQ is last thing slightly in red
[12:31] {magoo} dino hooked a good one
[12:31] {dino} fcsx and ivgn again
[12:31] {magoo} EASY button
[12:31] {magoo} all over the place
[12:32] {magoo} vad, dcc quick
[12:32] {bruce} and aapl and shld dino
[12:33] {dino} dk bruce, got where i wanted to get today, most likely, "no mas"
[12:34] {dino} altho, fcsx off of 41.50 l, might tempt me
[12:34] {dino} nah
[12:34] {dino} feel like i'm pushing
[12:36] {dino} 600 point range
[12:36] {dino} short em tomorrow, lol
[12:37] {bruce} always another day
[12:39] {magoo} man, 500 point range begins to be the norm
[12:39] {Threei} lol
[12:40] {Threei} not really... will be back to normal ranges soon
[12:40] {magoo} well..under 500 and i no longer interested lol
[12:43] {Threei} 100 points NQ range day
[12:44] {Threei} to give you an idea what kind of volatility it is - we had a swing trade on NW once, continuing for like 10 days, about 50 points profit
[12:44] {Threei} NQ
[12:45] {bruce} short fcsx
[12:45] {dino} dk bruce, still down
[12:46] * Threei slaps LaserDave1 around a bit with a large trout
[12:48] * magoo slaps LaserDave1 around a bit with a large trout
[12:48] {Threei} lol DOW is up 255
[12:48] {Threei} can you believe it?
[12:49] {Threei} volume is enormous too
[12:49] {Threei} power of squeeze
[12:49] {Threei} NQ -1
[12:49] {Threei} -.5
[12:50] {Threei} green
[12:50] {Threei} +1
[12:50] {Threei} mission is completed
[12:50] {bruce} too early stopped out -.30
[12:51] {dino} good stop
[12:51] {Threei} not a first time I see these huge comebacks out of total abyss... but it never ceases to amaze
[12:51] {dino} going for 300+
[12:57] {Threei} Ok guys, thank you all
[12:57] {Threei} have a good evening, see you tomorrow in our mental institution for another mad day
[12:57] {dino} gj today guys/gals, thx
[12:58] {dptl} have a good evening all
[12:58] {magoo} ty all
[12:58] {bruce} another mad mad vad kinda day
[12:59] {lumdus} laser dave you out there ?
[12:59] {lumdus} going once ..
[13:00] {lumdus} vad, my platfrom stinks.. really, my quotes got screwed and my computer had to reboot 3 x today
[13:00] {Threei} sorry lum
[13:01] {lumdus} glad you lowered me to 100 shares only . hit 3 losess. but the profits fromt he AM made it look like a joke
[13:01] {Threei} there :)
[13:02] {lumdus} but i need laser to help me with the demo .. and he is not around
[13:02] {dino} bruce dcc
[13:02] {Threei} that's the way to keep'em da profits
[13:02] {Threei} phone him
[13:02] {Threei} could just be not near computer at the moment
[13:02] {lumdus} i don't have his phone #
[13:02] {Threei} dcc
[13:12] {bruce} that REALLY REALLY sucks lum
[13:13] {bruce} you may have something interfering with computer and platform
[13:13] {bruce} check your virus scanner lum
[13:14] {bruce} I had that problem a while back switched antivirus

Tuesday, January 22, 2008

January 22, 2008

Session Start: Tue Jan 22 00:00:00 2008

Session Time: Tue Jan 22 00:00:00 2008

[05:21] {Threei} FED CUTS TARGET RATE 0.75 PCT TO 3.50%
[05:22] {Threei} 60 points jump NQ in 3 min
[05:23] {hawkfan4} they're just trying to ruin a perfectly good crash
[05:23] {Threei} no kidding
[05:30] {dino} gm all
[05:31] {Threei} dino :)
[05:31] {patience} morning RT, you missed a profitable day on the toronto market yesterday
[05:32] {dino} go ahead rub it in, :)
[05:32] {patience} well....vad showed up to chat briefly but i was trading alone to the rolling stones
[05:33] {dino} gj patience
[05:33] {patience} laughing, today will be good
[05:33] {dino} should be, a bit of chaos
[05:34] {dino} thought we had a black swan on our hands earlier
[05:34] {Threei} we would if not for this intervention
[05:34] {Threei} still may
[05:34] {dino} indeed
[05:34] {Threei} even with this cut and market jump, there are a lot of margin call sales lurking
[05:35] {Threei} and a lot of "let's dump while there is a rally" sellers
[05:35] {Threei} scared by constant barrage of "this is bear market that is here to stay" heandlines
[05:36] {Threei} I agree with him
[05:37] {Threei} knee-jerk reaction that is likely to make things worse
[05:37] {dino} problem is, they are expecting another cut in 7 days
[05:38] {Threei} that's bad
[05:38] {Threei} at the moment when it would really make a difference they are going to be out of ammo
[05:38] {dino} thats what i'm thinking
[05:39] {dino} brb
[05:39] {Threei} and it smacks of desperation too much
[05:40] {Threei} effect is going top be lessened by darl emotions prevailing in the markets,
[05:41] {Threei} and when the crowd is ready, feds won't be there with real help since they spent their capital reacting on market moves which is not their mandate
[05:43] {Threei} for those who for this or that reason is interested in Cnada:
[05:43] {Threei} - Note: The surprise move by the FED earlier today is increasing speculation that perhaps the BOC could lower interest rates by more than 25bp
[05:43] {Threei} I suggest to cut by .5 and play "who outcuts who"
[05:44] {Threei} be back in 5
[05:47] {cosmo} QID pre mkt high = 53 fyi
[05:48] {cosmo} ... maybe another rate cut... hehe
[05:50] {Threei} today?? :)
[05:50] {cosmo} whynot?
[05:50] {magoo} morning
[05:50] {Threei} magoo :)
[05:54] {Threei} NQ sold off almost to where it was before rate cut
[05:55] {Threei} likely to bounce soon
[05:55] {Threei} this is a good moment for another rate cut cos :)
[05:56] {cosmo} Canada next?
[05:56] {Threei} yes
[05:56] {cosmo} thx
[05:59] {Threei} futs agree with me... if fed wanted to fix market, timing is bad
[05:59] {Threei} and if they, as they claim, want to fix overall situation in economy, why the emergency
[06:00] {cosmo} human nature?
[06:00] {cosmo} not enough...sigh
[06:01] {dptl} good morning all
[06:01] {Threei} dp :)
[06:07] {bruce} how to trade today?
[06:07] {bruce} market will be very volatile
[06:08] {Threei} lightlty
[06:09] {Threei} high running emotions, big waves, quite possible order execution issues
[06:09] {bruce} can we go short ben bernanke?
[06:09] {Threei} keep calm and stay away from anything that is likely to hurt much if goes wrong
[06:10] {Threei} this is the day that is going to be regarded as historic, kind of how we mention crash of 1987
[06:11] {Threei} unlike that one though, this is not likely to be over quickly
[06:11] {cosmo} unless there's a halt
[06:11] {Threei} days like this are enticing you by mirage of big money to make
[06:11] {Threei} and much more likely to hurt you badly if you are overly active
[06:11] {bruce} big money? - thats for me
[06:12] {esemde} morning...what happenin
[06:12] {magoo} in the opportune time to go long or a suckers entry...??i dunno
[06:12] {Threei} ese :)
[06:12] {magoo} open mind
[06:12] {bruce} we're discussing end of world ese
[06:13] {esemde} futures down big...
[06:13] {Threei} thread lightly, use your natural advantage over investors:
[06:13] {cosmo} waiting to see global rate cuts here...
[06:13] {Threei} unlike them, you do NOT have to trade
[06:13] {Threei} they habve no choice, they are in the markets
[06:13] {Threei} you do, you can stay on a sideline while there is blood on the street
[06:14] {Threei} don't feel like you have participate in each and every battle
[06:14] {Threei} money not lost is money made on a day like this
[06:15] {Threei} see how futs returned to pre-cut level?
[06:15] {bruce} yes - noticed that already
[06:15] {Threei} this is a good sign that it's going to get worse before it gets better
[06:15] {bruce} not a good sign for a bounce
[06:15] {bruce} blood on the streets
[06:16] {Threei} don't be anxious to jump in, adopt liberating state of mind
[06:16] {cosmo} QID relaxing ... needs to break 51.50
[06:16] {Threei} which for today is:
[06:16] {bruce} does this affect your entry's dino?
[06:16] {Threei} everyone is losing money left and right, I am the lucky one, I can wait for the clearer moment to pounce
[06:17] {bruce} bigger stops today vad?
[06:17] {Threei} no way as far as I am concerned
[06:18] {Threei} with this volatility and possible execution problem, it can turn much worse than you imagine
[06:19] {Threei} no profit is too small today, any money made is to be framed, hang on the wall and labeled "made on a day when the world lost"
[06:19] {patience} largest aussi brokerage had to shut down for 30 minutes, traded in 1 hour what they normally trade in 1 day
[06:19] {patience} i don't expect great performance from my brokerage in the first hour
[06:20] {Threei} even the sharpest brokerage can be affected easily today
[06:20] {Threei} bottleneck can be beyond their sphere of influence
[06:20] {Threei} grab the popcorn, enjoy the show, thread lightly
[06:21] {Threei} wear "I am detached observer" cap
[06:21] {cosmo} when in trouble, when in doubt, run in circles, scream and shout
[06:21] {esemde} this a good day to short stuff Vad
[06:21] {Raven} lol cosmo :)
[06:22] {cosmo} :)
[06:22] {Raven} sheesh
[06:22] {Threei} maybe ese... maybe not... stuff is down huge,
[06:22] {Threei} likerly to go down more
[06:22] {Threei} but direction is not the main theme for today
[06:22] {Threei} volatility is
[06:23] {Threei} view any call made today as optional
[06:24] {magoo} is there a limit to reach where they? can halt US markets?
[06:24] {Threei} you are likely to perform better today if you take all this as fun rather than attempts to make money
[06:24] {magoo} that would be a nightmare caught short position,
[06:24] {patience} yup, every 1000 points, dow rules apply
[06:24] {patience} down 4000 and they shut the door for the day
[06:24] {Threei} don't remember circut breaker rules for NASDAQ
[06:25] {magoo} they let it tank 4000 points before shutdown entire day??
[06:25] {Threei}
[06:26] {esemde} no confidence in Ber nackers
[06:26] {patience} yes magoo
[06:26] {Threei} NASDAQ has agreed, upon the request of the Securities and Exchange Commission, to halt domestic trading in all NASDAQ® securities and all equity and equity-related OTC securities should the NYSE declare a market-wide trading halt
[06:26] {magoo} wow
[06:26] {bruce} is that an announcement vad?
[06:27] {Threei} ?
[06:27] {Threei} The point-decline thresholds at which trading is halted change every quarter, so that those thresholds may accurately reflect the current market. The thresholds are percentage-based levels of 10%, 20%, and 30% declines in the Dow. The actual numerical points will be determined based on the state of the market each calendar quarter. For the first quarter of 2008, as shown in the table above, the thresholds are 1350-, 2700-, and 4000-point de
[06:27] {Threei} I showed link above bruce
[06:27] {Threei} this is rules under which markets operate
[06:27] {bruce} k
[06:28] {Threei} "cause no harm" is your slogan for today
[06:28] {bruce} tighten seat belt folks
[06:28] {magoo} trading helmets, googles
[06:29] {cosmo} hans device here
[06:29] {Threei} market under pre-cut level
[06:29] {bruce} lots of lovely shorts
[06:29] {bruce} q's
[06:29] {bruce} amzn
[06:30] {bruce} csco
[06:30] {bruce} whould we wait for market to settle?
[06:30] {Threei} relax bruce
[06:30] {Threei} and re-read again everything I posted above
[06:30] {bruce} Iam relaxed
[06:31] {dino} bruce, sorry about delay, yes, i am different today, sitting for awhile, shake things out a bit imo
[06:31] {magoo} we need to live today to trade another day
[06:31] {Threei} why would you want to jump on things like AMZN, very volatile even on normal day, at the open of such day as this?
[06:31] {dino} rule #1 ; you must stay on the game
[06:32] {dino} in
[06:33] {dino} we under 52 week low dji
[06:33] {Threei} look at AMZN range for the last 2 minutes
[06:33] {Threei} 72.20 - 74
[06:33] {dino} dji want 11,500 min
[06:34] {magoo} howes volume anyon?}
[06:36] {dino} 3.7
[06:37] {esemde} following my solar crew......
[06:37] {Threei} watching NQ/QID
[06:37] {Threei} to go long QID
[06:38] {magoo} DL vad lol?
[06:38] {Threei} no need to say "small shares", right?
[06:38] {Threei} lol mags
[06:39] {Threei} one more leg down, desirably close to 61.50
[06:39] {magoo} er 51.60
[06:40] {Threei} yes :)
[06:40] {magoo} just working with u boss
[06:40] {Threei} not in yet
[06:40] {magoo} no critique
[06:40] {Threei} ty
[06:41] {Threei} .67 low so far
[06:41] {bruce} how do you get that retracement entry trigger vad?
[06:41] {dino} fslr sm l 155.30
[06:41] {dino} wide risky
[06:41] {Threei} get ready, big leg is coming
[06:41] {magoo} vad. i feel more upside qqqq here
[06:42] {dino} out 160.30 +5.00
[06:42] {Threei} finger on a trigger
[06:42] {patience} dino gets first gold star of the day
[06:42] {bruce} wow dino
[06:43] {dino} lucky
[06:43] {Threei} in .33
[06:43] {dino} should've help, lol
[06:43] {Threei} .19 stop
[06:43] {dino} held
[06:43] {Roman} ESLR long
[06:44] {Roman} MBI long radar
[06:45] {esemde} whats your entry roman
[06:46] {Roman} 10.45
[06:46] {esemde} tks
[06:46] {esemde} i've bstop at .60
[06:46] {Threei} out half .55
[06:47] {Threei} .25 stop for the balance
[06:47] {Roman} in MBI super small 11
[06:47] {Threei} out balance
[06:48] {dino} seems too easy for that to be captulation in markets
[06:48] {Threei} what, no takers?
[06:48] {esemde} long eslr 1/2 lot .65
[06:52] {dino} de wants to go positive
[06:52] {dino} nyx too hmm
[06:52] {Roman} C long setup
[06:52] {Roman} citigroup
[06:53] {Threei} KLAC 43 break long if stays above .75
[06:53] {Roman} out ESLR +.50
[06:54] {dino} cyber cx issues, careful
[06:54] {esemde} out ESLR .91 =+.26
[06:54] {patience} nice ese
[06:55] {dino} gj ese
[06:55] {Threei} in KLAC aggressively
[06:56] {Threei} .69 stop
[06:56] {Roman} out MBI
[06:56] {Roman} -.08
[06:56] {magoo} are arca quotes good today??
[06:57] {esemde} tks
[06:57] {esemde} definately want to swing long on solars when this is over....
[06:57] {bruce} looks like lots of resistance at 43 in it vad
[06:58] {Threei} out
[07:00] {Roman} short GOLD
[07:00] {Roman} 42.22 super small
[07:03] {Roman} SOLF
[07:03] {Threei} QID short small
[07:03] {Threei} stop 51.21
[07:03] {Roman} long solf super small 16.15
[07:09] {bruce} shld dino
[07:10] {esemde} l ESLR again .85
[07:10] {Threei} NVDA .48 long
[07:11] {Threei} stop under .30
[07:13] {dino} sm ibm l 101.50
[07:13] {magoo} feels like pullbk coming imho
[07:13] {dino} sigm positive
[07:14] {dino} sorry bruce, distracted
[07:15] {esemde} me thinks your right magoo
[07:16] {dptl} stopped nvda
[07:16] {bruce} same dp
[07:17] {dino} agreeing w/magoo es? lol
[07:18] {magoo} cramer came on cnbc..said close critical
[07:18] {magoo} duh??
[07:19] {magoo} anywho..saird could see at 3:30 mkts down 600
[07:19] {Roman} cover GOLD +.48
[07:19] {magoo} he can scare poeple out
[07:19] {dino} gj rfr
[07:19] {magoo} herd mentalkity with cramer the lead buffalo
[07:19] {Threei} you mean they are not scared yet?
[07:19] {esemde} nice spread trade Roman
[07:19] {dino} yes magoo and last week he had everyone buying
[07:19] {magoo} i'm not
[07:19] {magoo} u know why?
[07:20] {dino} want a crazy call, end flat
[07:20] {magoo} always 100% cash
[07:20] {bruce} nuan short here dino?
[07:21] {dino} dk
[07:21] {magoo} vad, days like today is when luv being
[07:21] {magoo} nbow pundits all calling for people to buy
[07:22] {dino} bruce, 1 at a time today for me
[07:22] {Roman} out SOLF +1.3
[07:22] {magoo} remember....wall street always always wants people in mkts
[07:22] {Threei} beauty Roman
[07:22] {dino} out ibm 102.60, +1.10
[07:22] {magoo} nice rfr
[07:23] {magoo} vad, how do we do the laser message as in..where is auto correction
[07:24] {Threei} under Level II tab
[07:24] {magoo} and should we even bother?
[07:25] {esemde} eslr above broke above daily high
[07:25] {dino} de strong
[07:28] {esemde} Vad...... opinion on the way the market is coming back?
[07:28] {esemde} sustainable
[07:28] {esemde} yes no?
[07:29] {Threei} looks so, but it can change on a dime
[07:29] {dino} my flat call looking good'
[07:29] {esemde} getting a volume feeling for that?
[07:30] {Threei} [08:34] {Threei} even with this cut and market jump, there are a lot of margin call sales lurking
[07:30] {Threei} [08:35] {Threei} and a lot of "let's dump while there is a rally" sellers
[07:30] {Threei} [08:35] {Threei} scared by constant barrage of "this is bear market that is here to stay" heandlines
[07:31] {dino} what does the beer market have to do w/it?
[07:31] {esemde} everythang man...everthing!!!!
[07:31] {magoo} qid long somewhere vad?
[07:32] {Threei} if you think we are done going up, sure
[07:32] {Threei} but, are we?
[07:32] {magoo} i wanna know what u think
[07:33] {Threei} sigh
[07:33] {Threei} you should know better, don't you? :)
[07:34] {magoo} anyione using arca quotes in laser here??
[07:34] {magoo} never mind they are bad
[07:34] {Threei} mine is off from last week
[07:35] {magoo} i just tried them...BAD
[07:35] {magoo} turned off now
[07:36] {dino} blog bruce
[07:37] {Threei} long QID small
[07:37] {Threei} .35 stop
[07:38] {Threei} need NQ to lose 1800
[07:40] {magoo} what entry u get?
[07:40] {Threei} .55
[07:40] {magoo} .65 here
[07:44] {dino} blog l .25
[07:46] {bruce} stop dino?
[07:46] {dino} .79 wide sm
[07:46] {bruce} k
[07:46] {bruce} in at 19 even
[07:46] {dino} beauty
[07:47] {bruce} thanx - small sto[p if fails
[07:49] {dino} fyi, everything is sm wide today, ok
[07:49] {dino} stopped blog
[07:49] {bruce} k
[07:49] {bruce} also stoppe3d
[07:49] {dino} sorry bro
[07:51] {bruce} all part of trading - no problem dino
[07:51] {bruce} lets find some wins
[07:53] {magoo} 100 shares bidu short RISKY
[07:53] {magoo} not yet..what i looking at
[07:54] {magoo} if QQQQ will work
[07:56] {magoo} needs q will follow either way
[08:00] {bruce} sds dino?
[08:02] {dino} s&p ultra short?
[08:02] {Threei} yeah, SDS is not uour usual stock bruce
[08:02] {Threei} it's to S&P what QID is to NQ
[08:02] {dino} yes
[08:03] {patience} i trade it occasionally bruce but right now feels like dead cat bounce for awhile
[08:03] {dino} watching msft
[08:03] {bruce} thanks vad - patience
[08:04] {dino} scanner green
[08:05] {dino} msft l .00, stop .79
[08:06] {dino} going to go green on dji
[08:07] {dino} blog big old rinse
[08:08] {bruce} got msft at .02 dino
[08:08] {dino} thick, so don't expect too much, after 1/1 on your own ok?
[08:08] {dino} i am waiting at .40
[08:09] {dino} gs
[08:09] {dino} +4
[08:09] {patience} anybody know what time of day arbitrage between cross listed stocks occurs?
[08:09] {bruce} k - was my next ? - what to expect from it
[08:09] {bruce} thanx
[08:09] {dino} how did i miss my old friend
[08:09] {Roman} SPY topping
[08:09] {Roman} think short small 131.85 area
[08:10] {bruce} allout msft +.20
[08:10] {dino} what a rally
[08:10] {Threei} watching QID for scalp long
[08:10] {dino} gj bruce
[08:11] {bruce} deck is running dino
[08:11] {Roman} in SPY short
[08:11] {Roman} 131.90
[08:11] {dino} wow
[08:12] {dino} deck too strong, staying away
[08:13] {bruce} k - amzn and de also made run
[08:13] {esemde} this kind of action will create a serious market for beer dina...aka"beer market"
[08:14] {esemde} thats dino.....dina is your sister right?
[08:15] {dino} lol
[08:15] {dino} see my 10:20 flat call, almost there
[08:16] {Roman} cover SPY +.42
[08:16] {dino} gj
[08:17] {Threei} a lot of broker outage reports
[08:17] {dino} nyx green
[08:17] {Threei} laser is blemishless so far
[08:17] {magoo} agree vad
[08:17] {magoo} but arca worthless lately
[08:18] {Threei} not today's issue
[08:18] {dino} watching blog again bruce, it really jumps around
[08:18] {magoo} right
[08:18] {dino} maybe around lod for long
[08:19] {dino} cx issuies again
[08:19] {bruce} k
[08:19] {bruce} got it on sccreen
[08:20] {patience} sold my yen contracts and doubt short gold etf (HGD). i need patience for market to give trend
[08:21] {patience} double short
[08:21] {dino} patience needs patience, lol
[08:21] {patience} totally
[08:21] {dino} :)
[08:23] {Threei} ADTN getting ahead of itself
[08:24] {Threei} short small
[08:24] {Threei} stop above .60
[08:26] {dino} trying to get out of msft flat, order issues tho
[08:26] {magoo} marginable vad??
[08:26] {Threei} ?
[08:26] {magoo} gotcha
[08:27] {dino} he's laughing here vad
[08:27] {dino} who is this new magoo
[08:27] {Threei} lol
[08:27] {magoo} hes a happy guy vad, ever since u know what
[08:28] {Threei} good to hear... took me just about a year to convince him to be happy
[08:28] {magoo} yep..this is true
[08:28] {magoo} but i gotta say...lUVIN it
[08:28] {Threei} die ADTN
[08:29] {Threei} out half .12
[08:29] {Threei} +.33
[08:30] {dino} gj
[08:30] {Threei} ty
[08:31] {Threei} stop above .30
[08:32] {Threei} above .20
[08:33] {Threei} out in full
[08:33] {Threei} doesn't want to tank on 21 breakdown
[08:33] {magoo} nice vad
[08:34] {dino} markets order delays, down we go
[08:38] {dino} brb
[08:41] {patience} putting in some options stink much for patience
[08:47] {bruce} those are day trades patience?
[08:47] {dino} no those are stinky trades
[08:47] {patience} if i get filled? depends on how the day goes
[08:48] {dino} busting you of course
[08:48] {patience} more likely though if i am filled i'll let them swing
[08:48] {bruce} k - thought you needed a few days at least on most options traeds
[08:48] {patience} not that i know of
[08:48] {bruce} k
[08:49] {bruce} deck had nice dump dino
[08:49] {bruce} tought to call top though
[08:49] {bruce} I would havetthought 130 or so
[08:49] {dino} coco bloodf
[08:52] {dino} it was a good spot bruce
[08:53] {bruce} thanx dino
[08:55] {Threei} COCO daily is embodiment of disaster
[08:55] {Threei} 2/3 haircut
[08:55] {dino} indeed, but is there a bounce in there?
[08:56] {Threei} must be
[08:56] {dino} have to go sm
[08:56] {dino} not yet tho
[08:57] {Threei} one more pullback with .50 holding would be good
[08:58] {magoo} tyalking COCO?
[08:58] {Threei} yeah
[08:59] {Threei} if no pullback under .65, .73 will be worth a try
[09:00] {magoo} u gonna go?
[09:00] {Threei} in... just a scalp
[09:00] {Threei} .64 stop
[09:01] {magoo} in .74
[09:02] {magoo} thats me .13 waiting
[09:03] {Threei} out 7
[09:03] {magoo} out .99
[09:03] {magoo} changed mind
[09:03] {magoo} TY
[09:03] {Threei} yw
[09:03] {dptl} .99 for me too ty
[09:03] {Threei} :)
[09:03] {magoo} remembered the plan
[09:03] {Threei} easy one
[09:03] {magoo} SCALPAROO
[09:04] {magoo} oh shit
[09:04] {magoo} EASY Button
[09:04] {magoo} just hit it
[09:04] {dino} gj guys
[09:04] {magoo} er, um vad., your turn or mine {look to the right}
[09:05] {Threei} after you sir
[09:05] {magoo} ell my good man
[09:05] * magoo slaps LaserDave1 around a bit with a large trout
[09:05] * Threei slaps LaserDave1 around a bit with a large trout
[09:06] {magoo} that makes me smile everytime
[09:06] {magoo} simple pleasures get magoo
[09:07] {Threei} wow
[09:13] {dino} blog l .95
[09:14] {Threei} CSIQ long off .50 support if NQ goes up again
[09:16] {Threei} stop under .50, so regulate the size accordingly to entry you get... no particular trigger, rather NQ following trade
[09:17] {Threei} CECO
[09:17] {Threei} bounce candidate
[09:18] {Threei} half lot .25
[09:18] {Threei} .09 stop
[09:21] {Threei} panic
[09:22] {dino} ceco blood
[09:24] {magoo} cnbc pundits all concurr a retest of lows TODAY
[09:25] {magoo} just info here
[09:25] {dino} go long then
[09:25] {dino} i still say flat close
[09:25] {magoo} might be TOO obvious
[09:30] {bruce} out blog here dino?
[09:31] {dino} back in 10
[09:31] {dino} sm bruce, my stop is lod, but your call of course
[09:31] {bruce} k
[09:37] {Threei} can you believe COCO?
[09:38] {Threei} went almost a dollar since we took profit
[09:40] {dino} cpla down, all education stocks, slm pulling the plug on subprime student loans
[09:41] {dino} i guess the dumbing down of america approaches
[09:41] {bruce} tAKING BREAK
[09:42] {bruce} oops
[09:42] {bruce} sorry about caps
[09:42] {dino} tightening blog to .45 stop bruce, market not cooperating
[09:42] {bruce} fat fingers
[09:42] {bruce} I exited dino
[09:42] {dino} ok
[09:48] {magoo} bruce, u up today?
[09:49] {magoo} only, cause i know u were struggling a lil last week
[09:52] {Threei} PETS .70 small shares long
[10:00] {Threei} 9 break HOKU, half lot long, stop under .80
[10:04] {dino} de wow
[10:04] {dino} nhpi
[10:06] {Threei} ETFC
[10:06] {Threei} what kind of news is that
[10:07] {Roman} means all customers are worried and logging in to sell their portfolio
[10:07] {Threei} customers hit by Alzheimer over last 5 years remembered they had money in there and decided to take it out?
[10:07] {magoo} margin call worries
[10:07] {Threei} I like my version better Roman
[10:09] {Threei} new high is coming NQ
[10:10] {dino} going green
[10:10] {dino} because nobody thinks we can
[10:10] {dino} am i a contrarian or what
[10:10] {Threei} I am in tough position dino
[10:11] {dino} then move around
[10:11] {Threei} being contrarian myself, I think you are right yet having hard time agreeing with you - simply because contrarian disagrees wioth everyone
[10:11] {magoo} i just in it to win it lol
[10:11] {dino} i am hardly the "crowd" voice
[10:12] {dino} finally my 11:15 msft order is cancelled
[10:12] {Threei} I know... just pulling your chain
[10:12] {Threei} wow
[10:13] {magoo} maybe big ben got it right..going green
[10:13] {dino} perhaps the black swan was to reverse on everyone
[10:13] {Threei} IMO... this would happen with or without their intervention
[10:14] {magoo} see,,,8u contradicting magoo he he
[10:14] {Threei} lol
[10:14] {patience} just in case it escaped your notice....last friday afternoon i said i thought Monday's market would end up down after options expiry.....600 down on the TSX yesterday...not bad eh....
[10:14] {dino} wait until next week and they only cut a 1/4, crashhhhhhh
[10:15] {dino} i remember patience, good call
[10:15] {patience} tough crowd to ipress
[10:15] {magoo} now, if IF we actually retested lows today, 1000 point range
[10:15] {patience} oh, not you dino
[10:15] {patience} ty
[10:15] {patience} laughing
[10:15] {dino} my problem is i remember too much
[10:16] {magoo} u asking for it patience lol
[10:16] {Threei} not mine... I have hard time remembering word Alzheimer every time I want to explain why I don't remeber something
[10:16] {patience} are we talking 'trout' magoo?
[10:17] {magoo} indeed we are
[10:17] * magoo slaps patience around a bit with a large trout
[10:17] {dino} mad cow vad, mad cow
[10:17] {magoo} denny crane
[10:18] {dino} out blog .12,. +.17
[10:18] {Threei} feel free to exit CSIQ here who got it
[10:19] {Threei} +.50 for me
[10:19] {magoo} nice boss
[10:20] {patience} vad is aware he is now working to pay off the bathroom contractor doing his reno
[10:20] {Threei} no kidding
[10:20] {Threei} smallest room in the house... can't believe the bill
[10:23] {dino} i, unfortunately, understand
[10:25] {patience} first 30 minutes trading this morning was a it is just boring....wah...what happened to momo
[10:26] {Threei} out half PETS .90PETS
[10:26] {Threei} someone bought over the offer
[10:28] {magoo} u rockin now vad...HOKU next?
[10:28] {Threei} not sure about this one
[10:28] {magoo} pretty hard pullbk here gioing on
[10:28] {Threei} kind of indecisive
[10:29] {magoo} might be down time mkts
[10:30] {bruce} just got back
[10:30] {bruce} no mags - down on day down on month
[10:31] {dino} hmmmm, overtrading?
[10:32] {magoo} sorry to hear...
[10:32] {bruce} don't think so dino
[10:32] {magoo} u had 10 straight ups didn't u bruce in dec?
[10:32] {bruce} just losing on almost every trade
[10:32] {bruce} yes
[10:32] {bruce} wiped out in jan
[10:33] {dino} re-group in your mind bruce, slow down, wait for the pitch.
[10:34] {dino} sit back at opens, imo, because they have been very erratic
[10:34] {bruce} don't know wht to do diferently dino- jst taking room trades
[10:34] {bruce} k - flip side is open is biggest moves too
[10:34] {bruce} anyway - hangin in there
[10:34] {dino} i told you, i sized down and it worked, wider stops
[10:35] {bruce} I sized down too - kee[ing losses smaller
[10:35] {dino} have you widened stops then?
[10:35] {Threei} last few trades took today in green
[10:36] {bruce} I use vads stops on his plays
[10:36] {dino} good
[10:37] {dino} on my types size it down they are going much further than normal, both ways
[10:37] {magoo} u missed vads last 2 bruce? pets & csiq?
[10:37] {bruce} Itrade smaller on your plays dino and set wider stops
[10:37] {dino} good
[10:37] {bruce} bigger size with vad w his stops
[10:37] {bruce} doesn't matter
[10:37] {bruce} if I take trade it fails
[10:38] {bruce} bad luck I guess
[10:38] {dino} hang in there
[10:38] * Chaeron slaps LaserDave1 around a bit with a large trout
[10:38] {bruce} maybe just a strange run of bad luck
[10:38] {dino} it happens
[10:39] {Threei} good idea chaeron
[10:39] {bruce} yes
[10:39] * Threei slaps LaserDave1 around a bit with a large trout
[10:39] {bruce} should work the oterh way at times too
[10:39] * magoo slaps LaserDave1 around a bit with a large trout
[10:39] * magoo slaps patience around a bit with a large trout
[10:39] * magoo slaps roeder around a bit with a large trout
[10:39] * magoo slaps _pith around a bit with a large trout
[10:39] * magoo slaps _pith around a bit with a large trout
[10:39] * magoo slaps _pith around a bit with a large trout
[10:39] {magoo} new guy
[10:39] {Threei} trout rage
[10:39] {bruce} I like your plays dino - bigger range for both losses and wins
[10:40] {dino} :), had a lucky day
[10:40] {bruce} you bcaught that $5 win qat open
[10:40] {bruce} wponderful; start
[10:40] {Threei} dino tends to have abnormally high amount of lucky days {G}
[10:40] {dino} and lets not forget the ibm
[10:40] {bruce} I missed both of those
[10:41] {bruce} didn't catch the post
[10:41] {dino} and here comes msft
[10:41] {bruce} dinos wins aren't luck
[10:41] {bruce} no one is lucky consistently
[10:42] {_pith} somebody take that fish away from magoo
[10:42] {Threei} hence the {G} addition, bruce
[10:42] {Threei} pith, we tried...
[10:42] {dino} 10:13 ibm
[10:42] {Threei} he says we can pry it from his cold fingers only
[10:43] {_pith} good thing I'm partial to sushi
[10:43] * bruce slaps magoo around a bit with a large trout
[10:43] {dino} lol pith
[10:43] {bruce} too bad lums no here - he would have loved this am big moves
[10:44] {Threei} his broker had horrific outages today
[10:44] {magoo} true vad??
[10:44] {Threei} so maybe it's a good thing if he didn't trade today
[10:44] {Threei} yes
[10:44] {magoo} who MBT?
[10:44] {Threei} yeah
[10:44] {bruce} with his luck would have worked in his favor
[10:45] {magoo} whats up with MBT lately?
[10:46] {Threei} no idea, it's not like I am tracking
[10:47] {bruce} wasn't that your old broker vad?
[10:47] {Threei} years ago
[10:47] {magoo} mine 2 with vad
[10:48] {magoo} 1000 sh bidu sh 172
[10:48] {magoo} 100
[10:48] {magoo} OOPS
[10:48] {Threei} whew
[10:48] {bruce} wow 1000?
[10:48] {bruce} oh
[10:48] {Threei} scared the living dailight out of me
[10:49] {magoo} sory
[10:49] {Threei} spread widening alone can kill you on full lot BIDU, lol
[10:50] {bruce} what is top for that mags - looks like you need one bcuk at least
[10:50] {bruce} stop
[10:50] {magoo} $200 stop
[10:50] {magoo} looking for multi points down
[10:50] {magoo} goes with mkt tho
[10:50] {bruce} k two bucks makes sense to me
[10:51] {_pith} considering reentering trading, after an eight year hiatus... what are the best, fast ,dependable, direct access brokers / trading platforms available?
[10:51] {magoo} MBT
[10:51] {Threei} we use Laser pith
[10:51] {magoo} see bruce..give it room
[10:51] {Threei} icon on our website for contact their rep
[10:51] {magoo} QQQQ tanks it will tank
[10:52] {magoo} BUT if q will run
[10:52] {magoo} just feel we due for pullbk here
[10:52] {_pith} 3i.. they are going to set me up with a demo
[10:52] {dino} darn, can't get avtr short
[10:52] {Threei} cool, ask Laserdave for help with layouts etc
[10:53] {_pith} k
[10:53] {_pith} what is margin...4 to 1?
[10:53] {Threei} 10:1 intraday
[10:53] {Threei} no margin overnight
[10:54] {_pith} thats cool, dont like to hold overnight
[10:54] {bruce} yep mags - can't play that one w 50c stop
[10:54] {Threei} then it's arrangement for you
[10:55] {Threei} and don't hesitate to use trout on lasredave as attention getter
[10:55] {magoo} just keep stop @ 200 bux
[10:55] {magoo} do not let it get away
[10:55] {bruce} does that actually help vad?
[10:55] {Threei} sometimes
[10:56] {bruce} I didn't take it mags
[10:56] {Threei} phone is more reliable though :)
[10:56] {magoo} if lets go get 10 points
[10:56] {bruce} just checking your parameters
[10:56] {magoo} may need to exit and try again
[10:56] {bruce} I don't have a read on it long or short now
[10:56] {magoo} lay out 270
[10:57] {magoo} must layout
[10:57] {dptl} qid?
[10:58] {Threei} tough read dp
[10:58] {Threei} don't know
[10:58] {dptl} k
[10:58] {Threei} looks like time for market to drop
[10:58] {Threei} hence QID up
[10:58] {Threei} but I wouldn't call this read reliable enough to take the trade
[11:00] {dino} sm l blog .22, stop .78
[11:00] {_pith} I actually used to be in another trading room with you 3i, back before you started up shop. Went by the handle aragorn then, long time ago and I'm sure you dont remember, but you really helped me to develop a much safer trading approach.
[11:00] {Threei} wow
[11:00] {Threei} and I mean wow
[11:01] {Threei} that must be like 1998-1999
[11:01] {_pith} yea.. way back :)
[11:01] {dino} cool pith
[11:02] {Threei} welcome back to the jungle :)
[11:02] {magoo} why come back? if i can get out..i staying out
[11:02] {magoo} just can't get out
[11:02] {Threei} lol... magoo is ever warm and fuzzy
[11:03] {dino} darn blog, stopped done w/it
[11:03] {dino} big rinse too
[11:03] {LaserDave1} pith dcc please
[11:04] {_pith} :) dad died and I had to take care of the family farm for a few years. got into a position (hired help) that I can trade in the winter.actually looking forward to it. always loved to scalp
[11:04] {magoo} here we go bidu
[11:04] {Threei} scalps R us
[11:05] {magoo} LAYOUT 270..i off hook there
[11:05] {magoo} 200 bux for someone THERE
[11:05] {Threei} good one magoo
[11:05] {Threei} gutsy too
[11:06] {dino} gj magoo
[11:06] {magoo} still in vad, i want 6
[11:06] {magoo} just keeping room safe
[11:06] {Threei} someone's getting greedy
[11:06] {Threei} never mind my blabbing though
[11:06] {Threei} it's your trade and your read
[11:07] {magoo} out here
[11:07] {magoo} 269.75
[11:07] {Threei} hope I didn't influence your decision
[11:08] {bruce} still nice mags - one to one
[11:08] {Threei} I have no read on BIDU whatsoever, hate this stock
[11:08] {magoo} dino yelling at me..we said we were scalpin
[11:08] {magoo} i get greedy and forget
[11:08] {magoo} daytraders memory
[11:08] {magoo} 3.25 points tho
[11:08] {Threei} which equals triple alzheimer
[11:08] {Threei} attention span of a moth
[11:09] {dino} remember the plan magoo, protect profits
[11:10] {bruce} cool - thought you got 272 entry mags
[11:12] {bruce} which would be 2.25
[11:12] {Threei} it probably is bruce... magoo is just as good at math as he is at spelling
[11:12] {dino} he stepped out
[11:12] {bruce} k
[11:12] {bruce} or maybe his broker likes to throw in a sweetener
[11:13] {Threei} notice, his posted entry is 172
[11:13] {Threei} not 272 :)
[11:13] {Threei} tells you all you need to know about his typing skills :)
[11:13] {dino} lol
[11:13] {bruce} lol
[11:14] {dino} probably wrong stock
[11:14] {Threei} rofl
[11:14] {bruce} admire you on blog dino
[11:14] {bruce} nop way I'm gonna trade that pupp-y again today
[11:15] {magoo} he he, it was 272..sorry..remember first post wa 1000 shares
[11:16] {magoo} out was 269.75
[11:16] {magoo} 100 shg
[11:17] {dino} atro
[11:19] {Threei} dp... see how treacherous QID is here?
[11:19] {Threei} NQ looked like total breakdown coming
[11:19] {dptl} ye
[11:19] {Threei} instead, jumped 11 points
[11:20] {Threei} make that 13
[11:20] {magoo} yeah..problem is pundits and cramer said we'd retest probably won't
[11:20] {magoo} to easy for shorts
[11:20] {bruce} ceco long try vad?
[11:20] {magoo} freakin media idiots
[11:21] {dino} max headroom magoo
[11:21] {Threei} with stop under 16, why not
[11:21] {bruce} in .13
[11:24] {Threei} UAE OIL MINISTER: RECENT FALL IN OIL PRICES 'A POSITIVE' - DAVOS COMMENTS- Says there is no shortgage in crude oil supply
[11:25] {magoo} there is a shortage at my house
[11:26] {Threei} you disconnected that secret pipeline bypass?
[11:29] {bruce} you talkin bout the brewery pipeline vad?
[11:29] {Threei} he had both actually...
[11:30] {bruce} out ceco +.09
[11:31] {bruce} nice - no more opening bottles - justput your mouth to that beer pipe and turn on tap
[11:33] {Threei} just between us bruce... he connected brewery one to his showerhead...
[11:34] {bruce} cool idea
[11:34] {bruce} sudsy shower
[11:34] {bruce} and leaves that manly scent when he's done
[11:35] {Threei} helps with hangover too
[11:35] {bruce} lol
[11:35] {Threei} breakdown or bounce this time NQ
[11:37] {bruce} you looking aat qid long vad?
[11:37] {Threei} or short...
[11:37] {Threei} I can't get a read on NQ
[11:37] {Threei} feels to me like down
[11:37] {Threei} but I'll be darned if I can nail safe entry
[11:38] {bruce} k
[11:38] {Threei} and don't want more of those annoying shakeouts
[11:39] {dino} feels down
[11:39] {magoo} last hour shoul;d be interesting
[11:40] {Threei} 1:1 CECO
[11:41] {bruce} out vad
[11:41] {bruce} dumped it when it hesitated at 22
[11:42] {bruce} not taking any chances todqay
[11:42] {Threei} no problem with that at all bruce
[11:42] {Threei} come on NQ die
[11:42] {Threei} show us some direction
[11:42] {Threei} any direction
[11:43] {Threei} yeah right
[11:43] {Threei} bounce right back into range
[11:43] {bruce} rmbs looks like it hasw some potential on a breakdown w nq
[11:44] {dino} so much for my down
[11:46] {magoo} tonite.DENNY CRANE
[11:51] {magoo} d
[11:51] {magoo} e
[11:51] {magoo} n
[11:51] {magoo} n
[11:51] {magoo} y
[11:54] {bruce} lol
[11:55] {bruce} you choosing restaruants mags?
[11:57] {magoo} he he
[11:57] {dino} he should, he's got the hot hand lately
[11:58] {magoo} just lucky
[12:04] {Threei} now it looks like up... so probably down
[12:05] {bruce} flip a coin
[12:05] {Threei} pretty much
[12:06] {magoo} speed channal has supercross on chaer
[12:06] {magoo} rd 2 phx
[12:08] {Threei} it's actually both... up and down
[12:09] {dino} out msft .24, +.24, took all day
[12:10] {bruce} good it worked
[12:10] {bruce} that was one of trades that worked for me but I exited long ago
[12:11] {dino} you were smart, .24 keeps rejecting it
[12:11] {dino} look back to .07
[12:12] {dino} sm l atro .06, wide
[12:12] {bruce} just nervous dino - not lettting anything retrace much
[12:13] {dino} good way to be, as they say; "buy when your hands are shaking, sell when confident"
[12:13] {dino} atro soread now, sheesh
[12:13] {dino} spread
[12:13] {bruce} it was one to one so took off table - as per your comment
[12:14] {bruce} blog is fnally paying you
[12:14] {magoo} whatchagot vad??
[12:14] {dino} yeah, now that i'm stopped
[12:14] {Threei} peanut butter/avocado sandiwch
[12:14] {bruce} oh - thought you were still in
[12:15] {bruce} thats creative vad
[12:15] {Threei} thinking of slapping some pasrtami on top
[12:15] {_pith} deepfried?
[12:15] {Threei} deepfried in chocolate
[12:16] {bruce} pastrami is good on anything
[12:16] {Threei} AATI... watching as possible short
[12:17] {Threei} 7.99 trig, 8.05 stop
[12:18] {magoo} marginable vad??
[12:18] * Threei slaps magoo around a bit with a large trout
[12:19] {bruce} shld looks a bit like your bidu short here mags
[12:19] {dino} ivgn blood
[12:20] {magoo} theres a significant difference imo bruce
[12:20] {magoo} shld is strong..up big in bad mkt
[12:20] {magoo} bidu was a train weak
[12:21] {cosmo} PETS test 13
[12:22] {dino} abbey cohen on, wasn't she the one syiong buy buy buy at year end
[12:22] {dino} they just keep bringing them back
[12:24] {bruce} the institutions want out dino
[12:24] {Threei} big block above offer AATI
[12:27] {Threei} between up and down, market made funny choice: neither
[12:27] {magoo} figures right
[12:27] {Threei} still 30 minutes to decided though
[12:29] {magoo} aapl reports after bell
[12:30] {Threei} COST is indecently happy
[12:32] {dino} so is de
[12:33] {bruce} ivgn long around here dino?
[12:36] {dino} sm w/stop around .09
[12:37] {dino} they want to close flat
[12:37] {dino} i missed ivgn bruce
[12:37] {dino} -26 dji
[12:38] {bruce} me too dino - was thinking of it around .33
[12:38] {dino} i was at .40
[12:38] {dino} got it
[12:39] {bruce} worth a try on retraqce?
[12:39] {dino} lucky
[12:39] {dino} waiting at .80
[12:41] {bruce} good grab
[12:41] {bruce} you should be good to go
[12:42] {dino} can't get thru .64
[12:42] {Threei} die AATI
[12:43] {dptl} yes ....die
[12:43] {dino} indeed
[12:44] {Threei} infamous magoo flatliner
[12:46] {bruce} just like his heartbeat
[12:47] {Threei} lol
[12:47] {dino} thats cold, lol
[12:48] {dino} out ivgn .80, +.40, another beer for bruce, thx
[12:48] {bruce} wtg dino
[12:49] {bruce} missed it but was rooting for you
[12:49] {dino} your idea
[12:49] {dino} thx
[12:49] {magoo} .
[12:49] {dino} watch it go to 90 now
[12:50] {bruce} Ithink it will break 89 actuqally
[12:51] {bruce} end of day though
[12:51] {bruce} good exit
[12:52] {Threei} AATI, you blind or what?
[12:52] {dino} fast drop on ivgn
[12:53] {dino} no time tho, most likely done
[12:53] {bruce} yes - in retrospect - a prefect exit for you
[12:53] {dptl} wierd stock aati
[12:53] {dino} you have a good eye at those bruce, just figure out entries, and stops
[12:54] {bruce} hers your market dump
[12:54] {bruce} trying dino
[12:54] {magoo} u watching aapl after bell vad?
[12:54] {bruce} I can see stuff - but I seem to make a lot of bad entries
[12:54] {Threei} nah
[12:54] {magoo} lazy he he
[12:55] {magoo} u workin tomorrow?
[12:55] {Threei} I have had enough of chaotic stuff for one day :)
[12:55] {magoo} for 1 month u mean
[12:55] {Threei} pretty much
[12:56] {bruce} quiet - chaos - don't matter to me
[12:56] {bruce} just wqnt to start making some money
[12:57] {magoo} how come?
[12:58] {dino} algt wow
[12:59] {dino} ivgn drops a buck
[12:59] {dino} solars rocking
[13:00] {Threei} out AATI - 1 cent
[13:00] {bruce} ceco broke 17 on the retrace
[13:00] {Threei} have a good evening guys, see you tomorrow
[13:01] {dptl} have a good evening all
[13:01] {dino} you 2, good job guys/gals
[13:01] {bruce} night all
[13:01] {magoo} ty vad
[13:01] {magoo} good nite
[13:01] {dino} ditto
Session Close: Wed Jan 23 00:00:00 2008

Friday, January 18, 2008

January 18, 2008

Session Start: Fri Jan 18 00:00:00 2008

Session Time: Fri Jan 18 00:00:00 2008

[05:11] {Threei} 8 am, and they are out in full force... no rest for wicked indeed:
[05:11] {Threei} - economic growth could be slow in coming months; - Economic Growth To Be 'Very Weak' For Several Months
[05:11] {Threei} - Further easing 'quite possible'
[05:11] {Threei} - Higher inflation trend could complicate Fed policy
[05:11] {Threei} - Must keep overall inflation anchored, not just core rate
[05:11] {Threei} - Expects moderate job growth in 2008
[05:21] {Threei} - Opposes moritorium on mortgage foreclosures
[05:21] {hawkfan4} they never sleep
[05:22] {Threei} - Higher inflation trend could complicate Fed policy... and ... plan to get money into economy this year
[05:24] {Threei} THE GUARDIAN is scared:
[05:24] {Threei} - "Here are a few facts we learned about the US yesterday: housing starts in December hit their lowest level in 16 years and the property market "appears to be in freefall", according to the boss of the Cleveland Federal Reserve. If housing starts fall another 20%, the position will be the worst since record-keeping began in 1959."
[05:24] {Threei} - "The futures market, having heard the Fed chairman, Ben Bernanke speak, thinks there is a 44% chance that interest rates will be cut by 0.75 percentage points at the end of this month, something that has not happened in decades."
[05:24] {Threei} - "Now here's the really scary bit: Merrill Lynch's ghastly fourth-quarter figures included a $3B write-down "related to the firm's hedges with financial guarantors." The prose may be drab, but the meaning is electric: Merrill is saying that insurers who have written guarantees for certain bonds may not be good for the money."
[05:33] {Threei} Nuggets of wisdom continue pouring in:
[05:33] {hawkfan4} lol
[05:33] {Threei} I need Raven's reassurance...
[05:34] {Raven} incredible
[05:34] {Raven} pathetic
[05:34] {Threei} I feel grossly inadequate at times when so much wisdom ios being given from high above to unworthy me, and for free
[05:35] {Raven} it ain't free ... we're paying the salaries of these turkeys
[05:35] {Threei} amnot
[05:35] {Threei} am across the border
[05:35] {Raven} damb Canuk
[05:35] {Threei} free for me
[05:35] {Raven} eh ?
[05:36] {Threei} unless you consider disdusting CAD/US exchange rate my form of payment
[05:36] {Raven} sort of
[05:36] {cosmo} hmm ...maybe a good time to bye
[05:37] {Threei} btw, younder worthy proceeded to say:
[05:37] {Raven} bye ?
[05:37] {cosmo} cell?
[05:37] {Threei} FED'S LACKER: STIMULUS PLAN CAN SOMETIMES HELP RESTORE GROWTH - Q&A- ' Says We pay attention to the USD alot', as lower dollar provides some inflation boost
[05:37] {Raven} sigh
[05:37] {cosmo} agree
[05:37] {Raven} cold ... 14F
[05:38] {Threei} not as cold as in my former habitat... - 40 F
[05:38] {Raven} ouch
[05:38] {cosmo} 40F here .. i think
[05:39] {Raven} cosmo in paradise
[05:39] {Threei} Bobby Fischer died
[05:39] {Raven} yes
[05:40] {Threei} hey, he isn't done yet:
[05:40] {Threei} - Notes not troubled by foreign investment in US banks and financials, expects more, reiterating Fed speak
[05:40] {Threei} why would he be troubled by that?
[05:40] {Threei} it's investors who should be
[05:40] {Threei} I mean, if you give me 10 mil, would I be troubled?
[05:40] {Threei} not in the least
[05:40] {Threei} should you?
[05:41] {Threei} by all means
[05:41] {Raven} and you would be gone in an instant
[05:41] {Threei} faster
[05:41] {Raven} lol
[05:41] {Threei} that would go like that:
[05:41] {Threei} you make a transfer, then click Reload Page,
[05:41] {Threei} before it refreshed, me is so gone
[05:42] {Threei} you pick up the phone and call me,
[05:42] {Threei} guess what you hear?
[05:42] {Threei} Number not in service
[05:42] {BillyD} morning RT :)
[05:42] {Raven} but you could stay here .... invest the $10M ... turn it into $1M
[05:42] {Threei} Billy :)
[05:43] {Raven} hi BD
[05:43] {Threei} you e-mail, autoresponder says "returned, mailbox non-existent"
[05:45] {cosmo} SWKS
[05:45] {Threei} frikin IBM
[05:45] {Threei} we needed this gap up as rabbit needs STD
[05:48] {BillyD} anything worthy this morning so far....don't see much
[05:49] {Threei} don't rush billy, we have all day to find all that is not worthy
[05:49] {BillyD} :)
[05:49] {Threei} be back in 5... don't buy all IBM there is while I am gone
[05:49] {dino} gm all
[05:50] {BillyD} dino :)
[05:51] {cosmo} SGEN public offering of $10M @ $9/sh
[05:51] {cosmo} 9.35 pre mkt recovery high ..fwiw
[05:52] {dino} gm bd
[05:54] {Threei} dino :)
[05:58] {Threei} FED'S LACKER: LOWERED GROWTH FORECAST SINCE DEC EMPLOYMENT REPORT, MORE INCLINED TO CUT RATES -Q&A COMMENTS- Notes inflation is still higher than he would like and Fed should not ignore it, not worried about over shooting on rate cuts
[05:59] {dptl} good morning all
[05:59] {Threei} dp :)
[06:03] {esemde} morning rt's
[06:03] {Threei} ese :)
[06:03] {esemde} when does the schrub....or is that Bush give his highlight package speech today?
[06:04] {dino} just short it es
[06:04] {esemde} ok...can do
[06:09] {bruce} acor looks potentially poised for breakout
[06:14] {esemde} has to be some kind of technical bounce at least in the market......every stock that i'm looking at has had the crap kicked out of it
[06:14] {esemde} brutal looking charts
[06:17] {magoo} morning, running a lil late w/snow
[06:17] {Threei} mags :)
[06:18] {bruce} throws a snowball at mags
[06:18] {esemde} magoo
[06:18] {Threei} yes ese, but being too early in attempts to find a bottom will kill many
[06:19] {Threei} market can stay irrational longer than one can stay solvent
[06:19] {Threei} and usually does
[06:19] {esemde} indeed....
[06:19] {esemde} sure has been interesting to watch
[06:20] {esemde} to be honest...kind of scares the know what out of you
[06:21] {dino} back in 30
[06:21] {Threei} only that first time you see this kind of meltdown
[06:22] {Threei} as you learn to stay mostly on a sideline during such emotional times and pick up only those crumbs you can read clearly, you find it rather enetrtaining and very reassuring,
[06:22] {Threei} world is bleeding, you are scalping your little plays here and there
[06:23] {esemde} true
[06:23] {Threei} world loses billions, you make your modest hundreds
[06:23] {lumdus} gm all. what's the futures at ?
[06:23] {magoo} u watching solf csiq vad?
[06:23] {Threei} evryone says "ouch, this is cruel", you say "ugh, really/"
[06:23] {esemde} lum +17 for S&P's
[06:23] {Threei} NQ is +18.5 lum
[06:24] {lumdus} tks. nice rebound hre
[06:24] {Threei} yes mags, this group seems to be destined to recover big when market pressure is easing finally
[06:24] {esemde} maybe.....should tank when bush does his thing
[06:24] {Threei} yeah, this rebound to me is nothing but agony prolongation
[06:26] {Threei} don't forget guys, this is friday before the long weekend
[06:26] {esemde} what time...our time does he do his speech
[06:26] {esemde} this is a long weekend for the Market Vad
[06:26] {Threei} not sure ese
[06:27] {Threei} yes
[06:27] {Threei} STOCK MARKETS IN FREE FALL: SEMANTICS OF A BEAR MARKET- "A bear market is a fall of 20% that was preceded by a rise of 20%," says Bespoke Investment Group. "Currently, the bears are one for five, with the Russell 2,000 falling into bear market territory today. The Nasdaq looks to be the next to go if we don't get a turnaround real soon. The tech-heavy Nasdaq is now 18% below highs reached on October 31st and has just 2% to go on the downsid
[06:27] {Threei} The S&P 500, DJIA and Russell 1,000 are all about 15% off their highs. With the free fall we're in now, we could easily be five for five by the end of January."
[06:28] {Threei} IBM at some point should be a short
[06:28] {Threei} not rushing in, this is kind of "too obvious"
[06:28] {Threei} so hopefully qwe can find the moment when it kills early pessimists
[06:29] {Threei} then profit from reality setting in
[06:31] {Threei} see this somewhat uncharacteristic volatility on IBM?
[06:32] {BillyD} yes, some drop
[06:32] {Threei} good sign of emotions running high, and early birds getting killed
[06:32] {BillyD} yeah, 1pt in one sec
[06:32] {BillyD} bids disappeared
[06:32] {Threei} this dollar between 105.5 and 104.5 was not a normal trading by any means
[06:33] {Threei} on both sides
[06:33] {BillyD} no
[06:33] {BillyD} especially for a thicker stock
[06:33] {Threei} yes
[06:33] {Threei} small shares short under .80
[06:33] {Threei} stop above 106
[06:34] {Threei} no aggressive entry between those levels
[06:35] {Threei} got .75, just 200 shares
[06:36] {lumdus} i thought futures where hire
[06:36] {magoo} long fslr .70 small 300 sh
[06:36] {BillyD} out IBM + .33
[06:36] {Threei} out +.50
[06:36] {BillyD} too sooon
[06:37] {BillyD} ty Vad
[06:37] {Threei} welcome
[06:37] {Threei} what rpice did you get?
[06:37] {BillyD} took 1/2 on first drop at .46
[06:37] {BillyD} .80
[06:37] {magoo} arca good today? have hidden
[06:37] {Threei} no, I mean on entry
[06:37] {Threei} oh
[06:37] {Threei} good fill
[06:37] {BillyD} when I saw bid drop I hit it
[06:38] {BillyD} order was at .76 I think
[06:38] {Threei} I had .70 limit, got just 200 at .75 and nada after that
[06:38] {BillyD} it got squirrely there after first drop
[06:39] {cosmo} swks
[06:39] {cosmo} 8 test
[06:40] {cosmo} gee
[06:45] {Threei} IACI
[06:45] {Threei} short .30 half lot
[06:45] {Threei} .51 stop
[06:46] {BillyD} it triggered right
[06:46] {Threei} yes
[06:46] {BillyD} ok in .34
[06:48] {BillyD} stubborn here
[06:50] {Threei} the stubborner they are the gooder they behave when/if they give in (I can hear raven groaning)
[06:50] {BillyD} lol
[06:50] {Raven} {}
[06:52] {lumdus} "the gooder". he hee
[06:53] {bruce} why .50 for stop vad - looks like .45 would have been enough
[06:53] {Threei} let's trail to .46 now
[06:54] {bruce} k - gooder by me
[06:55] {Threei} IACI becomes deader by minute
[06:56] {Threei} stop to .41
[06:56] {Threei} couldn't break .40 earlier so let's play it by the book
[06:57] {Threei} I am not about to yield any single cent to the enemy today
[06:58] {BillyD} how's arca...I have it turned off
[06:58] {Threei} so far so good
[06:58] {BillyD} ty
[06:59] {bruce} ibm looks to be setting up for another drop
[06:59] {Threei} out
[06:59] {dptl} stopped too
[07:00] {bruce} likewise - just my luck - missed ibm got stopped iaic
[07:00] {Threei} DEC LEADING INDICATORS: -0.2% V -0.1%E
[07:01] {Threei} look at NQ jump
[07:01] {BillyD} yeah, didn't help us
[07:01] {Threei} that's illustration to the point I made a day ago
[07:01] {Threei} shorting downtrend in bear market is not the same as going long in uptrend in bull
[07:02] {esemde} how do you mean Vad?
[07:02] {Threei} why would confidence be so much higher than estimate?
[07:02] {Threei} well, downtrend in bear market is getting interruopted more often
[07:02] {Threei} and spikes are quite violent
[07:03] {esemde} which means there is a turnaround coming
[07:03] {Threei} not necessary
[07:04] {bruce} we should be gettign some nice big downdrafts
[07:04] {Threei} it's just that: bear markets are tougher to trade even for those who are comfortable with shorting
[07:05] {Threei} more shakeouts
[07:05] {esemde} OK....i get it
[07:07] {dino} sm l gs 191.45
[07:07] {Threei} keep ARCA off Billy... bs started :)
[07:07] {BillyD} sheesh, ARCA sticking
[07:07] {BillyD} lol
[07:07] {magoo} yeah..i hid it AGAIN
[07:07] {magoo} rewally screws u up
[07:08] {BillyD} especially in these real volatile ones
[07:08] {Threei} 11:50 for the speech TV said
[07:08] {Threei} EST
[07:08] {cosmo} speech?
[07:09] {Threei} ummm... toast?
[07:09] {Threei} AAPL
[07:09] {Threei} small shares long .75
[07:09] {Threei} stop under .50
[07:10] {BillyD} it trigger?
[07:10] {bruce} stpped aapl
[07:10] {Threei} and went to .90 after that
[07:11] {BillyD} ok, by time I pull's hard to tell sometimes
[07:11] {dino} gs stop to b/e
[07:13] {dino} out gs 192.50, +1.05
[07:16] {Threei} XLNL short under 21
[07:16] {Threei} half lot
[07:16] {Threei} 21.06 stop
[07:16] {Threei} sorry, 21.04
[07:17] {lumdus} xlnl .. no quotes for that damm !
[07:17] {Threei} XLNX
[07:18] {BillyD} blinked, it broke and missed it
[07:18] {BillyD} good setup
[07:19] {dptl} yes same here Bd
[07:19] {bruce} me too guys
[07:19] {bruce} should work out fine since I missed it
[07:19] {lumdus} try again .. close enough
[07:19] {Threei} what limit did you use?
[07:19] {BillyD} .97
[07:20] {dino} lol bruce
[07:21] {bruce} sheesh dino - lost on every trade but one yesterday
[07:22] {dino} yesterday is dead, bury it or it'll stink of the place
[07:22] {dino} up=of
[07:25] {BillyD} watching SWKS
[07:26] {cosmo} 8.24 hod
[07:26] {BillyD} is it strong for a b/o if triggers
[07:26] {BillyD} don't know it's behavior
[07:26] {cosmo} watch the 8.20 test
[07:27] {BillyD} k, thx
[07:27] {cosmo} then decide
[07:28] {esemde} i'm watching SWKS Billy ....was thinking long
[07:28] {esemde} at .20
[07:29] {BillyD} if it holds here and goes maybe then.....can't seem to find much confidence in stocks doing what is expected either way so far
[07:29] {esemde} what would you look for at the .20 test cosmo
[07:29] {lumdus} nvda
[07:30] {dino} xlf l .90, stop lod
[07:30] {Threei} CSIQ, .45 long if holding above .20
[07:30] {Threei} C&H
[07:31] {lumdus} nvda nasty pullbacks ouch
[07:31] {cosmo} increased pace of activity and a melting wall would be a sign
[07:31] {cosmo} i think
[07:33] {lumdus} csiq stop ?
[07:33] {Threei} [10:30] {Threei} CSIQ, .45 long if holding above .20
[07:33] {lumdus} it trigger no ?
[07:33] {esemde} thanks cos...
[07:34] {Threei} sigh
[07:34] {lumdus} damm.
[07:35] {cosmo} XLNX again?
[07:35] {Threei} not sure
[07:36] {esemde} long SWKS agressive entry 8.14 half lot
[07:36] {BillyD} CSIQ true to
[07:36] {esemde} stop .94
[07:37] {dino} spwr l sm .75 wide
[07:38] {dino} xlf stopped .85 -.05
[07:39] {dino} spwr stopped -.65
[07:40] {dino} rinsed spwr
[07:40] {lumdus} yeah, csiq took my profit for the day. what a nasty one.
[07:40] {Threei} KLAC .71 long , stop under .60
[07:41] {Threei} how many shares of it did you play??
[07:41] {esemde} OK have a question..if I wanted to add another 1/2 lot to swks should i do it on a dip or as it breaks the high
[07:42] {esemde} is one method better than the other....
[07:42] {dino} dk es, i never add
[07:42] {Threei} not really... they are just different, personal preference
[07:43] {lumdus} csiq 1k
[07:43] {Threei} you are kidding
[07:43] {lumdus} no, i am not. what should i do ?
[07:43] {Threei} do you regulate your shares size depending on stock's volatility?
[07:44] {lumdus} yes, that is 1/2 lot
[07:44] {BillyD} hehe
[07:44] {esemde} SWKS top line 11% growth 26% sequential income growth.....just thought it might be worth it on this one
[07:44] {Threei} let's try it other way... what's your max loss on any given trade?
[07:44] {esemde} first time i've looked at fundamentals on a stock for a long time
[07:45] {dino} don't do it es
[07:45] {Threei} ese is slipping in abyss...
[07:45] {BillyD} rofl
[07:45] {dino} push him vad, end his misery
[07:46] {Threei} lol
[07:46] {esemde} al right...alright....but i'm in gambling mood this morning....i'm warning trades for the last 4 days....
[07:47] {dino} missed a good week es
[07:47] {esemde} have a hook on trigger finger...too pull it away
[07:47] {esemde} i'm getting that impression dino...but i wanted to watch you alll
[07:47] {Threei} the biggest irony of this dialog is, paying attention to fundamentals is being labeled as gambling
[07:47] {dino} roflol
[07:48] {esemde} i agree with that
[07:48] {cosmo} SWKS needs to hold 8 ... a fundamental trading concept for me
[07:48] {cosmo} ... it should hold 8.05 ...imho
[07:49] {dino} reading is fundamental cos
[07:49] {esemde} volume is good +%230 i think it will...
[07:49] {dino} twin l .50, stop .18
[07:49] {Threei} lum?
[07:50] {lumdus} yes,
[07:50] {Threei} let's get to the bottom of this risk control thingy
[07:50] {lumdus} max loss.. i don't have any
[07:50] {Threei} back to MPP then, risk control part
[07:50] {Threei} read how it's calceulated and do it,
[07:50] {dino} what the? twin careful gaps
[07:50] {Threei} that will protect you from situations like this
[07:51] {esemde} SWKS looking like classic trade from Vads Tech of Tape reading p.125
[07:51] {lumdus} let's do this a little alter maybe.. i want to watch something
[07:51] {esemde} duplicate as a matter of fact
[07:52] {Threei} I already said what you need to do lum, do it at your convinience
[07:53] {lumdus} yes, i read it. I was up for the day +.85 and csiq i managed wrong and blew me out. that's just a mistake. no loss for the day, so i am managing the risk.
[07:53] {cosmo} swks 8.05 testing support
[07:53] {esemde} needs sp/nq help
[07:54] {dptl} stopped klac
[07:54] {cosmo} swks patiently waiting for mkt up-turn
[07:54] {bruce} stopped klac
[07:55] {lumdus} short btu
[07:55] {esemde} where is your buy poin t cos if it turns up
[07:55] {lumdus} is the market less volume today ?
[07:57] {cosmo} hmm .... 8.15, if it has good pace
[07:59] {cosmo} nah... right here ...with a stop at 8.04 ... who knows?...
[07:59] {BillyD} blk on SWKS ...lets see what it does
[07:59] {esemde} cos is that a buy or sell for 152K at .10 couldn't tell
[08:00] {esemde} tks billy didn't see your post
[08:00] {BillyD} another one
[08:00] {BillyD} wait and see
[08:00] {esemde} huge blks...huge
[08:00] {BillyD} could be distribution and not much change
[08:00] {cosmo} me neither...
[08:01] {esemde} is there a way to tell
[08:01] {cosmo} time and sales chart
[08:01] {cosmo} ... that's not moving too fast
[08:01] {dino} adlr
[08:01] {Threei} sometimes there is ese, not in this case
[08:01] {magoo} i been on phone last 30...did klac trigger and fall back..or still valid setup?
[08:02] {Threei} leave it alone mags
[08:02] {magoo} well, actuall now looks to be invalidating
[08:02] {magoo} ok, my fault, tenant issues grrrrrrrrrrr
[08:02] {Threei} market does its best today to stop both shorts and longs
[08:03] {BillyD} [08:29] {BillyD} if it holds here and goes maybe then.....can't seem to find much confidence in stocks doing what is expected either way so far
[08:03] {BillyD} ditto Vad
[08:04] {lumdus} yeah, either way you can get stopped today.
[08:04] {Threei} QID aggressive long somewhere here
[08:04] {magoo} vad, u or me on u know what
[08:04] * Threei slaps LaserDave1 around a bit with a large trout
[08:04] {Threei} your turn
[08:04] * magoo slaps LaserDave1 around a bit with a large trout
[08:05] {Threei} NQ breakdown of 1870 should do the trick for QID
[08:06] {Threei} broke
[08:06] {Threei} out .51
[08:07] {BillyD} gj
[08:07] {Threei} finally some follow through
[08:08] {esemde} nice teach....
[08:08] {dino} ehth
[08:08] {esemde} huge wall seems like on SWKS at .10/,11
[08:09] {esemde} why would abreakdown of nq sen QID up Vad
[08:10] {Threei} QID is opposite tracking of NQ
[08:10] {Threei} goes up when NASDAQ dowen, and visa versa
[08:11] {Threei} just the way to play NASDAQ without actual futures
[08:11] {Threei} to me, more convinient than QQQQ
[08:12] {esemde} didn't know are those shares short in QID
[08:12] {Threei} yes, that's why it moves in inverse relation to nasdaq
[08:13] {dino} two times es
[08:14] {esemde} don't get that 2x's
[08:14] {magoo} qqq moves dime up...qid moves .20 down
[08:15] {BillyD} it's a matter of volume
[08:15] {dino} and down we go
[08:15] {BillyD} more stable liquidity on QQQQ for larger traders imo
[08:15] {dino} ok just about a 200 pt range, need the 300 average
[08:15] {esemde} ok i get it.....
[08:16] {esemde} so right now ...huge bet market is heading down
[08:17] {Threei} I look at it differently ese
[08:17] {Threei} market goes down, so QID as a short tracking device goes up
[08:17] {magoo} problem i see is of these days this mkt gonna have a FEROCOUS rally up 500 points
[08:17] {magoo} not saying more than day or two...but its gonna kill shorts
[08:18] {magoo} spell check raven lol
[08:18] {magoo} FEROCOUS rally up 500 points
[08:18] {magoo} [11:17] {mago
[08:18] {magoo} FEROCOUS
[08:18] {Raven} not
[08:19] {Threei} why is it a problem mags? you have so much sympathy for shorts?
[08:19] {magoo} no, i just do not wanna get caught short
[08:19] {magoo} its, tues wed its coming soon
[08:19] {magoo} magoostradamas
[08:19] {BillyD} stop loss is all you need
[08:20] {dino} de sm l .00
[08:20] {BillyD} wiseman hehe
[08:20] {BillyD} seer
[08:20] {bruce} bg dino
[08:20] {magoo} ah visions are of spikes so violent no stop can save u he he
[08:20] {BillyD} ROFLOL
[08:20] {dino} dk
[08:21] {magoo} spikes of magnatude man has never seen
[08:21] {patience} dino, is the beer fridge open already?
[08:21] {magoo} me and dino hit the bar last nite
[08:21] {magoo} HARD
[08:21] {magoo} but hey, we mics
[08:22] {bruce} de stop to 78.50 or so dino?
[08:22] {dino} lol patience
[08:22] {dino} y bruce
[08:22] {esemde} so theoretically you can short the shorts with QID
[08:22] {bruce} thanx
[08:22] {magoo} now es confusing magoo
[08:23] {Threei} was so tempetd by QID at .60
[08:23] {Threei} and decided it was likely to pullback more
[08:24] {dino} sorry bruce too soon
[08:24] {dptl} i got .66 and out .86
[08:24] {bruce} sheesh
[08:24] {bruce} maybe worth try at 78 again?
[08:25] {dino} frigging rinses today, have to go smaller
[08:25] {bruce} k
[08:26] {Threei} firther breakdown should follow guys
[08:26] {Threei} this is not over
[08:26] {magoo} make the call vad...u got the ball
[08:26] {bruce} .37 waqs lod on de from yesterday
[08:26] {bruce} sure enough - bounced there
[08:27] {Threei} in
[08:27] {Threei} .75
[08:28] {dptl} out +.10
[08:29] {dino} like a double bottom from yesterday
[08:29] {magoo} nice quick scalp dp
[08:29] {bruce} yep
[08:29] {dptl} ty
[08:30] {dino} gj
[08:31] {dptl} lucky
[08:31] {Threei} ugh, missd new entry
[08:32] {BillyD} yes
[08:32] {BillyD} I didn't pull trigger
[08:32] {Threei} Bush tv
[08:32] {bruce} that a new channel?
[08:32] {Threei} lol
[08:32] {dptl} lol
[08:34] {dptl} swks short?
[08:35] {dino} i said short him
[08:35] {dino} dji wants 12,041
[08:36] {bruce} not sure
[08:36] {bruce} is bush tv gardening or one of mags porn channels?
[08:36] {lumdus} ibm going now sheesh
[08:36] {dino} oh boy
[08:37] {bruce} long ibm on 104 break dino?
[08:37] {lumdus} maybe 104.10 break
[08:38] {cosmo} i think its a nascar channel bruce ... i think
[08:38] {bruce} good idea lum
[08:39] {lumdus} i am just scalping for +.15 and i am out. recovering nicely in my portfolio
[08:39] {lumdus} xlxn watching for long
[08:40] {Threei} speech is over, market is not impressed
[08:40] {dptl} swks?
[08:41] {Threei} no read by me
[08:41] {dptl} ok
[08:41] {cosmo} done for the day
[08:41] {cosmo} swks
[08:41] {lumdus} what happened cosomo ?
[08:41] {cosmo} swks is in a coma
[08:42] {bruce} big dump ibm - you were on money to wait for break confirmation
[08:42] {lumdus} i actulaaly shorted it
[08:42] {lumdus} got +.45 but something screweey with my quotes today.
[08:43] {cosmo} hmm ...well, you prolly wont get hurt..
[08:43] {bruce} good play
[08:44] {bruce} what was short signal to you?
[08:44] {lumdus} couldn't pass .10
[08:45] {lumdus} watching amzn long
[08:45] {bruce} spwr dino
[08:45] {lumdus} if i could get it close to .50 i happy
[08:47] {dino} dk bruce, just kindda watching things
[08:48] {Threei} anyone got QID for this NQ drop?
[08:49] {esemde} Not I ....but i'm off for the weekend take care...
[08:50] {dptl} was thinking at .51 but no
[08:50] {Threei} take care ese, see you on Tusday
[08:50] {esemde} gonna take my 30}00 loss in SWks and be off
[08:50] {dino} later es
[08:50] {magoo} not i ..after ES..don't know how to play it anymore he he
[08:56] {Threei} [11:26] {Threei} this is not over
[08:56] {Threei} I'd say this is so not over
[08:57] {Threei} bounce time now
[08:57] {Threei} and down again
[08:57] {dino} see my 11:35 post
[08:57] {bruce} ndaq looks weak - any read vad?
[08:59] {Threei} short somewhere close to 37
[09:03] {dino} well i was off by 9
[09:09] {Threei} one more little spike, and down again
[09:10] {dino} ndx is green fwiw
[09:11] {dino} de off of .50
[09:11] {BillyD} timing these turns is tedious
[09:11] {Threei} finger on a trigger
[09:12] {Threei} i .83
[09:12] {Threei} in
[09:12] {lumdus} in what ?
[09:12] {Threei} QID
[09:13] {Threei} .74 stop
[09:13] {dino} logi spike
[09:16] {Threei} out .95
[09:16] {bruce} stopped ndfaq
[09:17] {BillyD} Vad, were you just playing it for a 1:1 scalp
[09:17] {dptl} out +.10 ndaq
[09:17] {Threei} originally no, but lost confidence as it jerked around too much
[09:18] {BillyD} ok,. I was thinking more ended up out flat at .85
[09:18] {BillyD} trading this thing is split second decision/execution
[09:18] {Threei} not always... but with this market action, yes
[09:19] {Threei} QID available for shorting again
[09:20] {Threei} can play both directions
[09:20] {dptl} it's wierd sometimes bids and offers disapiring with no trades
[09:21] {BillyD} yeah, looks thick and then no more...and don't see it on T&S
[09:21] {dptl} and few levels gone
[09:22] {dptl} gotta be really fast
[09:22] {bruce} de stop about 77 dino?
[09:22] {BillyD} it seems stocks are very volatile or a turtle
[09:22] {dino} .99
[09:23] {dino} it seems to be getting stronger
[09:23] {lumdus} yeah, i just need to figure out which way to be on and make the money. right now flaaat as a horse
[09:23] {dptl} Vad that arca issues that arca prob itself or genesis?
[09:24] {lumdus} dpt, my quotes get screwey today. not sure who it is
[09:24] {dino} vad is your problem
[09:24] {Threei} with EDGX it was EDGX... ARCA, not sure, but by the way it goes, seems it's on ARCA side
[09:24] {LaserDave1} Hey guys
[09:24] {BillyD} hey dave
[09:24] {LaserDave1} there are issues with Arca
[09:25] {LaserDave1} many firms have these issues with ARCA tight now
[09:25] {dptl} ok ty
[09:25] {dino} sigm hod
[09:25] {LaserDave1} Genesis is currently putting in new lines a different way to ARCA
[09:25] {lumdus} why is wm running ?
[09:25] {LaserDave1} they should be finished next week
[09:25] {LaserDave1} and ARCA should be awesome with laser again
[09:25] {magoo} hi dave
[09:26] {LaserDave1} if you use laser
[09:26] {LaserDave1} it will be good
[09:26] {BillyD} BTW dave Laser is awesome
[09:26] {dino} de to b/e bruce
[09:26] {bruce} thanx dino
[09:26] {LaserDave1} thanks Billy appreciate it
[09:26] {LaserDave1} it will even be much better once the ARCA issue is taken care of
[09:26] {BillyD} so is LaserDave 1 :)
[09:26] {lumdus} wm !!!@
[09:26] {LaserDave1} ha
[09:26] {LaserDave1} thanks bro:)
[09:26] {BillyD} lol
[09:27] {dino} all luvie dovie today
[09:27] {LaserDave1} ok guys
[09:27] {LaserDave1} group hug time
[09:27] {bruce} out de +.45
[09:27] {BillyD} lol
[09:27] {dino} gj bruce
[09:27] {lumdus} out wm +.42
[09:28] {dino} wtg
[09:28] {bruce} thanx dino
[09:28] {bruce} need some wins
[09:28] {Threei} I am sorry, I just have to chime in here
[09:29] {dino} one bad day bruce, thats all, shake it off. i was negative on wed.
[09:29] {dptl} swks hod
[09:29] {Threei} what is so awesome, I am asking for years to add this feature
[09:29] {Threei} "do not execute losing trades"
[09:29] {Threei} and still can't get them do it
[09:30] {dino} hard wire thing vad
[09:30] {BillyD} I was so happy for a brief while :(
[09:30] {lumdus} wm still going dammit !
[09:30] {Threei} WM takeover chatter
[09:31] {lumdus} shoot i got out too quick
[09:32] {magoo} i have a real estate apptnmt @ back after that in hour
[09:32] {magoo} DO NOT..I REPEAT...DO NOT make any winning trades without magoo lol
[09:33] {lumdus} xlnx might do it
[09:34] {bruce} thanx dino
[09:34] {bruce} hey mags
[09:34] {bruce} be sure to share
[09:34] {bruce} lol
[09:36] {dino} ipcs a bit of blood
[09:36] {dino} out de .00, +.50
[09:37] {lumdus} xlnx either your move now .. or i sell you :)
[09:38] {bruce} congrats dino\
[09:38] {BillyD} you tell'em lum
[09:38] {lumdus} now he got to listen .. you know,
[09:38] {lumdus} s bud
[09:38] {bruce} sigm short here dino?
[09:39] {dino} y
[09:39] {dino} stop wold be hod
[09:40] {lumdus} what an active lunch hour
[09:40] {lumdus} common bud, go down and then i drink some for you ok ?
[09:40] {bruce} missed
[09:42] {bruce} klac short dino?
[09:42] {bruce} forget it - not enough range
[09:43] {dino} dk
[09:44] {lumdus} by the time i could decide which way i guess the market going it already went.
[09:44] {lumdus} amazing to watch this kind of stuff
[09:55] {lumdus} back in wm
[10:01] {dino} markets in limbo
[10:02] {patience} no kidding, i'm in one trade waiting for the squeeze of the shorts
[10:02] {lumdus} yeah, the only one who can make money is dave on commission
[10:03] {dino} lol
[10:04] {dino} sm l ipcs .70
[10:15] {lumdus} s pep
[10:16] {lumdus} .65 s pep
[10:17] {lumdus} out +.30
[10:19] {lumdus} damm. i left 1/2 of it
[10:19] {Threei} looking to short QID for s caklp
[10:20] {Threei} in
[10:20] {Threei} .15 stop
[10:22] {dino} ipcs stopped ave .54, -.16
[10:23] {lumdus} 3i, with pep i had .30 profit and ran and now.. damm could get another .50 - did i do something wrong or take your chances
[10:24] {Threei} just a personal choice... there is no way in this volatility to tell what is going to continue and what will bounce right back
[10:24] {BillyD} QID stopped me
[10:25] {lumdus} ok, as long as i am not mi-trading tx
[10:25] {bruce} short in qid based soley on nq vad?
[10:25] {bruce} nice small stop there dino
[10:26] {bruce} was afraid of that one since it was so thin
[10:29] {dino} me too
[10:30] {bruce} I actually bid - then chickened out and cancelled
[10:30] {bruce} cluck
[10:30] {bruce} cluck
[10:30] {patience} that's ok is a tough day to trade
[10:30] {bruce} thanx patience
[10:30] {bruce} they all are for me
[10:31] {lumdus} yes, crazy tuff. no follow thru jerking me all day here ..
[10:32] {bruce} we missed hig dino
[10:32] {bruce} had a nice recovery
[10:32] {BillyD} Vad, on QID...did you take a quick small scalp on it
[10:32] {BillyD} in mid in .96 area earlier
[10:32] {Threei} 1 sec
[10:32] {Threei} done
[10:32] {Threei} no, got stopped and reentered
[10:33] {BillyD} ok
[10:33] {bruce} sigm hod
[10:33] {Threei} should have taken that scalp you mentioned, it was at 1:1
[10:33] {Threei} missed cover due to outside distraction
[10:33] {BillyD} yeah, but geez you think it would have given us a little more
[10:34] {lumdus} any chance of a nice rebound .. h
[10:34] {Threei} second time around it looked more confident
[10:34] {Threei} first was in the same jerky jerkty department
[10:34] {BillyD} yes, gonna be a bit more patien here
[10:34] {BillyD} we were on the cusp on first one
[10:35] {Threei} how many sares of it you trade Billy?
[10:35] {Threei} shares even
[10:35] {BillyD} that time 500
[10:35] {BillyD} -.12 on stop
[10:35] {Threei} you know, try cutting it down to 300 these days, you'll be surprized
[10:35] {BillyD} I have sometimes
[10:35] {Threei} it makes much bigger moves than usual,
[10:35] {Threei} so less size will still yeiled very nice profits
[10:36] {BillyD} ok, will do
[10:36] {BillyD} it still hit the stop
[10:36] {Threei} however, on a stop side it will give you more breathing room to account for heightened volatility
[10:36] {BillyD} regardless
[10:36] {BillyD} very true
[10:36] {Threei} and even when hits even padded stop,
[10:37] {Threei} you will feel more confident for another try
[10:37] {BillyD} that's the key
[10:37] {BillyD} staying confident
[10:38] {BillyD} sometimes when you get jerked around and barely stopped a few want to kick the stock off screen :)
[10:38] {lumdus} yeah, trying that now billD
[10:39] {bruce} taking break and walk
[10:52] {BillyD} long day so far
[10:53] {dino} yeah
[10:53] {lumdus} since i started trading .. rough all along - does it ever get better ?
[10:53] {BillyD} vad, IDIX holds well considering all things and recent move
[10:56] {Threei} fall was very good
[10:56] {Threei} I would keep an eye on it billy... but not rush in
[10:57] {BillyD} yes, will wait for things to turn up a bit
[10:57] {BillyD} Lum, I thought you were doing well from your trades I saw
[10:57] {lumdus} yeah, some volume anyway is good .. geesh even rimm aint moving
[11:01] {Threei} no technical read, just a feeling:
[11:01] {Threei} masrket is more likely to go down from here so look to go long WID
[11:02] {dptl} qid youmean
[11:02] {lumdus} i am looking sideways as usual
[11:02] {Threei} yes
[11:03] {lumdus} look how tight amzn is trading.. that tells me nothing going to move either way
[11:06] {lumdus} nihd having problems all day. 3i, would you look to short it on break ?
[11:06] {dptl} damn thing shaked me out again
[11:06] {lumdus} who nihd ?
[11:07] {dptl} qid
[11:11] {Threei} not sure lum
[11:12] {dptl} in .06 qid
[11:13] {lumdus} 3i, you not sure if this will ever get better ?
[11:13] {Threei} huh?
[11:13] {Threei} you asked about NIHD
[11:14] {lumdus} oh, yeah, i left it already
[11:15] {dptl} stopped
[11:18] {BillyD} tough one eh dp
[11:19] {dptl} ye
[11:20] {lumdus} whole damm market is tought. i am watching 5 normal active stocks and they aint moving
[11:20] {Threei} frida before the long weekend after such a nervous week
[11:21] {Threei} what do you expect, normal orderly trading?
[11:21] {lumdus} tx for the heads up.. now i know
[11:21] {Threei} just FYI, I said it in the morning
[11:21] {Threei} as a warning
[11:22] {lumdus} ok, good heads up
[11:29] {lumdus} thank you .. i see your post
[11:30] {lumdus} need to be me more alert
[11:30] {bruce} gme at yesterdays low dino
[11:31] {lumdus} 3i, i know you don't look at nyse usually. can you check mo for short ?
[11:31] {Threei} I increasingly do look at it
[11:32] {lumdus} ok, and what you think ? has more downside ?
[11:32] {Threei} it does, my concern is, risk is very high here... it already made more than its usual daily reange
[11:32] {Threei} and nears major supports on daily
[11:33] {lumdus} just feels like a nice rop on it any second
[11:33] {Threei} true
[11:34] {magoo} back
[11:34] {lumdus} i could already see it by 73 :)
[11:34] {dptl} out qid+.38 damn thing
[11:34] {lumdus} a break of 75 and this goes bang kaboom
[11:34] {Threei} finally dp
[11:34] {dptl} ye ...took me three trys
[11:35] {Threei} that's the most irritating component of last week:
[11:35] {Threei} it IS possible to read the direction, and I do it mostly right,
[11:35] {Threei} but to find the entry that won't shake you out before going where it should
[11:35] {Threei} is totally another matter
[11:36] {dptl} yes to many shakes this week
[11:36] {Threei} in a paradixical way, this is the market where undisciplined trader may sometimes perform better
[11:36] {lumdus} hmm, now i understand why i did well :)))
[11:36] {Threei} lol
[11:37] {Threei} he shrugs, ignores his stop, turns away and prays,
[11:37] {Threei} in 30 min he is nicely in the money,
[11:37] {Threei} never mind that his loss at some point was twice his stop :)
[11:37] {lumdus} you in my head or something .. get out of it now !!
[11:38] {Threei} nah, just have a camera over your shoulder
[11:38] {dptl} look at this i got filled at .79 right at the top rearly happens to me
[11:38] {Threei} but you can't demand to turn it off - that would put you at unfair advantage vs other room members
[11:38] {Threei} (magoo, leave that beer alone, will ya)
[11:39] {dptl} another entry?
[11:40] {Threei} dp... you know what dino will say about that, right?
[11:40] {dptl} luck
[11:40] {Threei} yes :)
[11:40] {Threei} well, by chart it is
[11:40] {Threei} a850 is NQ resistance to short of
[11:40] {dptl} ah too late
[11:40] {Threei} 1850
[11:40] {Threei} but you see how it goes today:
[11:40] {Threei} it comes to resistance, hesitates, breaks it
[11:40] {Threei} goes much higher
[11:40] {lumdus} ok, so where we at now ?
[11:41] {Threei} and then reverses only after all who tried to short give up
[11:41] {Threei} that's your shakeouts
[11:41] {Threei} so how about we try and account for that
[11:41] {Threei} leave it be here
[11:41] {Threei} let it try and do this trick again
[11:41] {dptl} ye you right
[11:42] {Threei} if it does, cool, you avoided shakeout and found better entry
[11:42] {Threei} if it doesn't so what
[11:43] {lumdus} damm mo, still not moving the big drop. common hit it now !
[11:43] {BillyD} lol
[11:44] * Threei hits MO over the head with 2x4
[11:44] {lumdus} thank you much more. let me know when to scoot !
[11:45] {Threei} there is no way to read it unless it does vertical drop lum
[11:45] {Threei} just trail stop, don't let profit slip away
[11:46] {Threei} 75.01 now, IMO
[11:46] {lumdus} ok, i'll lock it .50 profit and hope for the best . tx
[11:46] {Threei} lost .80, can trail to .91
[11:46] {lumdus} ok
[11:47] {Threei} but honestly, I would still keep it at 75.01
[11:47] {lumdus} ok
[11:47] {lumdus} compromosie .93
[11:47] {Threei} as we near end of day, selloff is still more likely than sizeable bounce IMO
[11:48] {lumdus} ok, then i risk it .. thanks. it just looked so damm weak it actually asked me to short it
[11:48] {BillyD} dino, your Dow number hit and then some
[11:48] {dptl} xlnx short?
[11:48] {Threei} 1840 breakdown NQ would form inverted C&H on 1 min
[11:49] {Threei} hmmm
[11:49] {Threei} not the best candidate, dp
[11:49] {dptl} ok
[11:51] {lumdus} vad, trail now ?
[11:51] {Threei} .91 now for sure
[11:52] {Threei} die NQ
[11:52] {lumdus} vad, you see if this was a quick sell i would cover.. but it is slowly painfully going dow i think i get much more from those moving quick.
[11:52] {Threei} that's the way
[11:54] {BillyD} I can see the move on QID L2 before on NDX chart candle
[11:54] {lumdus} vad mo, bouces a drop and then takes a dip again. if it bounces above .84 i am out
[11:55] {Threei} whatever happens after that, it's a beautiful trade
[11:55] {lumdus} i watied all day for this trade, man it got very frustrating today.
[11:56] {lumdus} i thihk it might be over for now .. oh, shoot
[11:56] {lumdus} out
[11:56] {lumdus} tx vad for the help
[11:57] {lumdus} +.75
[11:57] {Threei} wtg'
[11:57] {Chaeron} niiiicee
[11:57] {BillyD} gj
[11:57] {patience} sweet
[11:57] {lumdus} tx
[11:58] {bruce} calling ita day - reached myt loss limit again
[11:58] {bruce} see you all next week
[11:59] {BillyD} bye bruce
[12:00] {Threei} let's see if this shake is over
[12:00] {lumdus} need to reboot
[12:01] {dino} shorts going to cover
[12:01] {Threei} .19 - .42 scalp
[12:01] {BillyD} wow, just got QID at .23 and out at .38, .43
[12:01] {BillyD} feel like a hero
[12:02] {BillyD} lol
[12:02] {Threei} :)
[12:02] {dptl} nice
[12:02] {patience} great feeling :)
[12:02] {dino} gj
[12:02] {Threei} scenario decsribed earlier worked like charm
[12:02] {Threei} about shakes that go way deeper than expected
[12:03] {Threei} when it got ridiculous, opportinity jumped on you
[12:03] {BillyD} kinda like golf dino....1st 17 holes frustrating and last one good makes you come back
[12:03] {BillyD} yes Vad
[12:04] {Threei} just don't club it with your titanium whatever you use
[12:04] {Threei} opportunity I mean
[12:04] {BillyD} nah...nice easy pitching wedge for small accurate shot
[12:04] {Threei} btw,
[12:05] {Threei} how many shares?
[12:05] {BillyD} 300
[12:05] {Threei} there you go
[12:05] {Threei} lowering size worked too
[12:05] {Threei} freed mind for intuitive perception
[12:05] {Threei} by removing fear factor
[12:05] {Threei} enough psycho-babble for you?
[12:06] {BillyD} past that stuff
[12:06] {Threei} 'cause I can also go on about childhood issues
[12:06] {Threei} ice cream sister never bougth you
[12:06] {BillyD} u sure u want to...hehe
[12:07] {Threei} :)
[12:08] {Threei} timely cover MO, lum
[12:09] {lumdus} tx
[12:09] {Threei} went above 75, why give up that chucnk of profit
[12:09] {lumdus} nvda .. missed
[12:09] {lumdus} yeah, that was it
[12:10] {dino} de l .25 sm
[12:14] {lumdus} xmsr take off !
[12:16] {Threei} i don't see news
[12:16] {Threei} another round of merger rumors?
[12:17] {Threei} probably, SIRI went too
[12:18] {lumdus} amzn if market turn around i think ihope
[12:19] {lumdus} looks like panic out there
[12:20] {BillyD} I dont see it....imo
[12:22] {dino} de stop is .98
[12:23] {dino} stopped -.27
[12:24] {lumdus} maybe just alot of indecision out
[12:25] {BillyD} yeah, you will know a panic when it happens
[12:25] {cosmo} or more likely, immediately afterwords...
[12:26] {BillyD} yes cosmo
[12:26] {lumdus} why did xmsr runup ?
[12:26] {BillyD} don't know
[12:26] {lumdus} wonder if there is a re-entry here or it's done
[12:27] {Threei} [15:16] {Threei} i don't see news
[12:27] {Threei} [15:16] {Threei} another round of merger rumors?
[12:27] {Threei} [15:17] {Threei} probably, SIRI went too
[12:28] * magoo slaps Threei around a bit with a large trout
[12:29] {Threei} hmmm
[12:29] {Threei} what did I do
[12:29] {Threei} this time
[12:30] {lumdus} look at amzn .. can't move an inch either way. can't trade anything
[12:30] {cosmo} xlnx testing hod
[12:30] {cosmo} soon
[12:32] {lumdus} ok, amzn break 80 and run and let me catch you.
[12:34] {lumdus} vad, you think we go up or down by close or a 50/50
[12:34] {Threei} 51/49... but I don't know in what favor
[12:35] {lumdus} great answer.. my feelings exactly
[12:35] {Threei} I stll feel down is more likely
[12:37] {dino} close -44 dji, comp -6
[12:37] {dino} for a beer
[12:37] {patience} day after options expiry is usually a down day so i vote for down before close today
[12:38] {dino} ok 50 more pts up dji
[12:38] {cosmo} xlnx testing hod .52
[12:39] {cosmo} slippery devel...
[12:39] {lumdus} short hon 55.01 stop 55.09
[12:40] {lumdus} everything whippy i will risk very limited cash in any trade now.
[12:43] {lumdus} hmm, maybe i should just quit while i am ahead ..
[12:44] {lumdus} xmsr reload ?
[12:45] {Threei} no idea, there is nothing technical to this move
[12:45] {Threei} opure momo on rumors
[12:45] {lumdus} yeah, sure is trading like momo
[12:46] {magoo} i have to say it.u guys/gals{patience} think today was hard or easy trading day?
[12:46] {patience} croak
[12:47] {patience} 1 trade and it was fussy
[12:47] {lumdus} very hard trading today
[12:47] {magoo} vad??
[12:47] {dino} de rinsed
[12:48] {Threei} don't look at me, I wasn't here even
[12:49] {dino} hard day magoo, imo
[12:49] {magoo} what u mean? I wasn'ty here..u were
[12:49] {Threei} OK, careful long QID
[12:49] {lumdus} it has been hard since i joined
[12:49] {Threei} .95 trigger
[12:49] {Threei} if holding above .85
[12:49] {Threei} oh, it's lum's fault
[12:49] {lumdus} 10 minutes left to rading
[12:50] {magoo} get him guys
[12:50] {lumdus} common, i was good today. posted 2 good trades
[12:50] * magoo slaps lumdus around a bit with a large trout
[12:51] {lumdus} looks like qid triggered.
[12:51] {Threei} half out QID
[12:51] {Threei} triggered? it's already over 1:1, lol
[12:52] {magoo} roflol vad
[12:52] {BillyD} you guys are killing me
[12:52] {dptl} :)
[12:52] {BillyD} comical
[12:52] {Threei} stop to .89
[12:54] {Threei} it's magoo's fault, he stunned lum with trout
[12:54] {Threei} stop to .94
[12:54] {magoo} i was looking for some help too
[12:54] {lumdus} yeah magood.. you trhough me off my game here ..
[12:54] {dino} gj
[12:55] {magoo} was hoping to slap u right out of room..we've done that before
[12:55] {magoo} a rapid barrage of well placed slaps
[12:55] {Threei} plus a bribed technician cutting off your cable
[12:56] {BillyD} nice QID read Vad
[12:56] {Threei} stop to .99
[12:56] {Threei} no lose trritory
[12:56] {Threei} scalpers are out of course
[12:56] {Threei} ty billy
[12:56] {Threei} sheesh XMSR
[12:56] {lumdus} out xmsr
[12:57] {lumdus} .23 out
[12:57] {lumdus} gosh .. didn't even see it go
[12:57] {magoo} billy, next time u better help when i put out the call-to-arms bro :)
[12:57] {Threei} it didn't
[12:57] * BillyD slaps lumdus around a bit with a large trout
[12:57] {BillyD} sorry for delay
[12:58] {Threei} lol
[12:58] {Threei} ok guys, calling it a day
[12:58] {lumdus} the best feature i like is the trailing stos. i had .10 offest and just takes care of itself
[12:58] {Threei} have a good relaxing long weekend
[12:58] {BillyD} have a nice 3 day wknd everyone
[12:59] {lumdus} nice weekend and thanks
[12:59] {Threei} see you on Tuesday for a nice ordely trading with 98% success rate
[12:59] {lumdus} i guess monday we off ?
[12:59] {dptl} have a good weekend all
[12:59] {Threei} ok, 97
[12:59] {patience} monday, i am working....toronto is open
[12:59] {patience} nobody to keep me company :(
[12:59] {magoo} ty vad, ty everybody
[13:00] {magoo} gonna miss u monday
[13:00] {dino} i am downloading tradelog tax info
[13:00] {dino} markets worsty week in 5 years
[13:01] {cosmo} tuesday?
[13:01] {cosmo} not monday?
[13:02] {cosmo} checking
[13:02] {Threei} I'll drop by to say "nya nya nyanya nya" patience
[13:02] {patience} cosmo as a point, the market is closed on monday isn't it?
[13:02] {cosmo} it is?
[13:03] {magoo} yes, us mkts closed, some sort of holiday
[13:03] {dino} take care all

Thursday, January 17, 2008

January 17, 2008

Session Start: Thu Jan 17 00:00:00 2008

Session Time: Thu Jan 17 00:00:00 2008

[04:51] {Threei} AMTD
[04:51] {Threei} REPORTS Q4 $0.40 V 0.39E, R $642M V $623.7ME
[04:51] {Threei} -Client Assets $300B, +6% y/y
[04:51] {Threei} -Net Interest Margin 3.86% v 3.64% q/q
[04:51] {Threei} -Avg Client trades 321.7K v 277.9K q/q with 5% active vs 3.8% active last year
[04:51] {Threei} -Avg Yield per trade $12.84 v $13.00 q/q
[04:52] {Threei} feeds off EFTC or what? :)
[04:52] {hawkfan4} would you blame them :)
[04:53] {Threei} not really
[04:53] {Threei} if you see a man on abrink of abyss, be merciful and push him
[04:54] {hawkfan4} LOL, especially if he's a trader
[04:54] {Threei} "It's a jungle out there baby"
[04:54] {hawkfan4} tough market, longing for the "easy" market of 2007
[04:55] {Threei} video illustration to above:
[04:55] {Threei} it will be back... cycles, you know
[04:55] {hawkfan4} lol, that's funny stuff
[04:58] {Threei} this period we are going through is just high emotions stage
[04:58] {Threei} readability is much tougher in the hottest moment
[04:59] {Threei} too many conflicting interests and emotions, movements become jerkier
[05:00] {Threei} noticed how much easier trading is in stocks that for this or that reason move on their own merit, with no regard to market?
[05:01] {hawkfan4} absolutely! even those are getting jerked around a bit in this. quick scalping is the way to go, i'm sure you wouldn't argue with that
[05:01] {Threei} well... if I would, it would be only out of general habit to argue with everything {G}
[05:02] {hawkfan4} lol
[05:03] {Threei} people that have to endure me in day-to-day life know well how annoying "ever the contrarian" can be :)
[05:05] {Threei} FRPT another contract... what a dog
[05:05] {hawkfan4} a permenant memeber of my "no-trade" list
[05:06] {Threei} I never made it official for myself... but yeah, I do avoid it for quite a while
[05:09] {Threei} CHINA is another one on that list... and tries to move today too
[05:10] {hawkfan4} yeah, i usually avoid those, CHINA, ASIA, moves are too erratic. I prefer easier ones, like COIN {g}
[05:11] {Threei} lol
[05:11] {Threei} well... surprizingly COIN/SEED kind can be very easy to profit from at the right time
[05:12] {hawkfan4} absolutely. SEED i actually bought the day before the move and held over night. Just looked right to me
[05:12] {Threei} I know the feeling
[05:12] {hawkfan4} COIN has that look but it needs the market
[05:12] {Threei} you look at it and just know what is going to happen
[05:13] {hawkfan4} absolutely
[05:14] {Threei} SEED had all the "facial features" of momo in the making
[05:14] {Threei} although for the world of me I wouldn't be able to put them in words
[05:17] {hawkfan4} the solar decimation has been amazing. some cut in half in 2 weeks
[05:19] {dptl} good morning all
[05:19] {Threei} dp :)
[05:19] {dptl} woke up early today for some unknown reason
[05:20] {Threei} same here
[05:20] {dptl} hmm
[05:37] {magoo} morning rt
[05:38] {Threei} magoo :)
[05:45] {magoo} vad, penguins are too funny lol
[05:45] {Threei} :)
[05:47] {cosmo} FRPT
[05:47] {magoo} i sent them to my wife
[05:47] {magoo} reminds me of our marriage relationship
[05:48] {magoo} im the 1 taking the drink sigh he he
[05:48] {Threei} lol... just wanted to say, don't give her ideas
[05:51] {BillyD} morning guys
[05:52] {Threei} billy :)
[05:52] {Threei} keeping an eye on solars for bounce
[05:52] {Threei} SOLF, CSIQ
[05:55] {cosmo} LOGI
[05:58] {magoo} JASO vad, toughie, but could go multiple points if solars are revitalized
[05:59] {Threei} yes... one of those "if you can handle the volatility"
[06:03] {BillyD} don't see anything that reall y stands out so far
[06:03] {Threei} no
[06:03] {BillyD} ty
[06:08] {bruce} that was odd to hear a call from you in IBM yesterday vad
[06:09] {bruce} google today?
[06:09] {Threei} well, listed ones started trading in more modern way relatively recently
[06:09] {bruce} k - just such a name brand - you usually stay away from them
[06:10] {Threei} mostly because they don't tend to move nicely
[06:10] {Threei} but IBM did yestyerday
[06:10] {dino} gm all
[06:11] {Threei} dino :)
[06:11] {BillyD} dino :)
[06:13] {dino} :)
[06:13] {esemde} ah ha!!!!am kids disconnected cable to computor.....
[06:13] {Threei} lol
[06:13] {Threei} hi ese :)
[06:13] {esemde} how are you alll
[06:14] {Threei} well... cat yesterday elected to grab the cable modem with both paws, and drop on the floor with it
[06:14] {Threei} guess what... I haven't even lost connection
[06:15] {bruce} that cat doesn't want you trading vad
[06:15] {Threei} well, it sure wants to eat
[06:16] {esemde} this computor is an antique.....least little thing goes wrong....i'm toast
[06:16] {Threei} so it will have to make its peace with me trading
[06:16] {BillyD} windows 3.1 ese?
[06:16] {bruce} looking at listed - mck looks poised for breakout if it goes beyond 68.40
[06:16] {Threei} couple big offers chase SOLF down
[06:17] {esemde} ha ha ha not quite....tower of this particular computor 1998
[06:17] {Threei} one stays at .70, another moves down with price
[06:17] {BillyD} 95' lol
[06:17] {magoo} solf your prime candidate so far vad?
[06:17] {esemde} have a toshiba tecra A4 laptop
[06:17] {esemde} also
[06:17] {BillyD} WIN 98?
[06:17] {Threei} just one of... but I like these offers as an indicator of strength if taken
[06:18] {Threei} or if the cancel as soon as they got it where they want to buy :)
[06:18] {Threei} both SOLF and CSIQ sold down into big support area on daily
[06:18] {esemde} no...actual year of computor
[06:18] {Threei} started showing signs of bounce
[06:19] {BillyD} ok
[06:19] {esemde} not upgradable
[06:19] {Threei} if market finally shakes off this persistent selling, they are good once to ride the wave
[06:20] {esemde} am also looking at them solar screen most of it
[06:20] {bruce} zion vad ? anopther possible reversal candidate
[06:21] {Threei} unfamiliar to me bruce, got to look how it trades
[06:21] {magoo} fslr has 20-30 points of bounce potential if the scenario developes
[06:22] {BillyD} Vad, thought you might like to know.....I broke down and replaced 7 yr old mouse
[06:22] {Threei} unlike solars that had nice momo just recently, ZION was under selling pressure for quite a while
[06:22] {Threei} hmmm... then mine maybe approaching the end of its life cycle too billy...
[06:23] {cosmo} 7 years is pretty good for a mouse
[06:23] {roeder} solf
[06:24] {cosmo} LOGI pre mkt high = 27.82 far
[06:24] {cosmo} ... if its a healer..
[06:29] {dino} spwr more blood
[06:30] {Threei} SOLF .75 half lot long
[06:31] {Threei} if loses .40, will wait
[06:32] {Threei} CSIQ behaves better
[06:33] {magoo} fslr bounce time
[06:33] {Threei} SOLF setup is back
[06:33] {Threei} ugh
[06:33] {magoo} in SOLF .69
[06:33] {Threei} blasted through
[06:33] {Threei} good reflexes magoo
[06:34] {dino} spwr sm l 87.50, wide
[06:34] {magoo} wait 21
[06:34] {Threei} CSIQ, watching if get pullback to about .40
[06:34] {magoo} OUT
[06:34] {magoo} ty vad
[06:34] {Threei} wtg
[06:34] {Threei} welcome
[06:35] {Threei} beat me on exit, I dumped .91
[06:35] {magoo} got lucky entry
[06:35] {magoo} hey arca good today, mine hidden
[06:35] {dino} gj
[06:35] {Threei} 21 break solf
[06:35] {magoo} ARCA ok?
[06:35] {Threei} stop under .80
[06:36] {Threei} sdo far yes
[06:36] {Threei} OK, CSIQ near .40, watch for strength
[06:36] {magoo} ty
[06:36] {bruce} l spwr 86.6
[06:37] {Threei} solf .56 long, stop under .50
[06:38] {dptl} stopped
[06:38] {magoo} in CSIQ .32
[06:39] {bruce} stopped spwr -.23
[06:39] {Roman} DNDN watching
[06:39] {Roman} maybe a slow riser
[06:40] {Roman} taking small 6.55
[06:40] {Roman} NVDA
[06:40] {Roman} bouncer with NQ
[06:41] {Roman} we got some economic ### due at 10:00 a.m.
[06:41] {Roman} some some NVDA small 24.22
[06:41] {magoo} wait .89 csiq
[06:42] {magoo} out TY vad
[06:42] {BillyD} gj magoo
[06:42] {Threei} good one
[06:42] {dino} i think bernie speaks at 10
[06:42] {magoo} i hit first strenghth your call
[06:43] {Threei} don't chase them, pullbacks are brutal
[06:43] {Threei} wait for pullbacks, time entry with NQ upward move
[06:45] {Threei} CSIQ, 18.80 is area to watch for entry on pullback
[06:46] {Threei} if holding above .20, then .50 long trigger
[06:47] {magoo} going 20 before 18.80
[06:47] {Roman} long ESLR
[06:48] {Roman} full size 13.09
[06:52] {magoo} u reloading csiqw vad off .50 here?
[06:52] {Threei} yes if NQ breaks 1905
[06:52] {Roman} out NVDA
[06:52] {magoo} naz should brearthe here imo
[06:53] {Roman} out ESLR
[06:53] {Roman} -.03
[06:53] {dino} out spwr 88.28, +.78
[06:54] {magoo} here it comes...ben approaching too
[06:54] {bruce} nice dino
[06:54] {magoo} can not imagine ben crushihg nmkt
[06:54] {magoo} comes=breather
[06:55] {dino} lucky bruce nasty pullback
[06:55] {magoo} i know dino.anything can happen
[06:55] {magoo} :)
[06:55] {dptl} stopped eslr -.17
[06:56] {bruce} same dp
[06:56] {dino} bernie in 5
[06:58] {magoo} careful with naz here..decision time
[06:58] {BillyD} is there an actual rate cut decision?
[06:58] {magoo} no. ..speach
[06:58] {BillyD} ok
[06:58] {magoo} but talk coulfd move mkts
[06:58] {magoo} mkts looking..desperate for anything to bounce
[06:59] {BillyD} even if he smiles
[06:59] {bruce} yes - enterd $1 below you and still got stopped dino
[06:59] {bruce} didn't allow enough
[07:00] {BillyD} arca sticking
[07:00] {Threei} *JAN PHILADELPHIA FED INDEX: -20.9 V -1.0E
[07:00] {magoo} breaking news
[07:00] {Threei} huh?
[07:00] {magoo} cnbc
[07:01] {Threei} -20.9 V -1.0E?
[07:01] {magoo} [09:58] {magoo} careful with naz here..decision time
[07:01] {magoo} exact
[07:01] {Threei} FED'S BERNANKE: FISCAL STIMULUS COULD BE HELPFUL IN PRINCIPAL, CORE INFLATION HAS STEPPED UP RECENTLY- Says inflation should moderate this year and next, vows substantive rate cuts if needed
[07:01] {Roman} NAZ green today
[07:01] {magoo} magoostradamas lives
[07:01] {Roman} IMO
[07:01] {dino} blah, blah, blah, moving on
[07:02] {magoo} vad, u win ..csiq hit 18.80 before my 20 :)
[07:02] {bruce} grmn worth try long?
[07:03] {Threei} and bouced right off it
[07:03] {bruce} stopped dndn
[07:03] {Threei} bruce, yes but not righto selling
[07:03] {magoo} edge issues again notice...worthless exchange
[07:03] {BillyD} gonna let the mkt digest this
[07:04] {magoo} yes..i out of all
[07:04] {magoo} lets see
[07:04] {Threei} GRMN close to 64
[07:04] {bruce} k
[07:04] {bruce} thanx vad
[07:05] {Threei} bid it here
[07:06] {Threei} ARCA started its bs magoo, keep it off
[07:06] {magoo} oh ok ty
[07:07] {dptl} stooped grmn.......
[07:07] {magoo} funny..never used or knew how to hide with 3 yrs of use it everyday
[07:07] {magoo} he he..the little things
[07:08] {BillyD} after several lessons you got it
[07:08] {BillyD} :)
[07:08] {magoo} UBSST? whats that one?
[07:08] {dptl} mm
[07:08] {bruce} stopped grmn -.30
[07:11] {Threei} that Phil index seems to be not a mistype
[07:11] {Threei} - Employment: -1.5 v 0.5 prior
[07:11] {Threei} - Prices Paid: 49.8 v 35.0 prior
[07:11] {Threei} - Inventories: -6.7 prior
[07:11] {Threei} - Six-month business conditions outlook: 5.2 v 7.7 prior
[07:13] {Threei} NVDA, watch if it's abale to hold .30
[07:13] {bruce} stopped again grmn -.20
[07:13] {Threei} bruce... falling knife...
[07:14] {bruce} tried for bounce of 63
[07:14] {dino} meli
[07:15] {Threei} lost .30 NVDA, no play for now
[07:15] {magoo} ben on cnbc
[07:16] {magoo} i guess he is killing it..dino right..u never know
[07:16] {magoo} vad "ben bounce too obvious"
[07:17] {dino} meli l trig 50.25 imo
[07:18] {dino} nah, market falling
[07:20] {bruce} uptend in mon definitely done patience
[07:20] {magoo} vad, pull up qqqq minute chart
[07:20] {magoo} nasty bear
[07:20] {Threei} I watch NQ
[07:21] {magoo} that way
[07:21] {magoo} :)
[07:21] {cosmo} QID nice rally
[07:21] {bruce} you waiting for meli to uptick dino?
[07:23] {dino} ensg
[07:23] {dino} no
[07:28] {dino} wow dji -500 pts since monday
[07:31] {dino} aapl lod
[07:31] {dino} rrst blood
[07:34] {dino} he has given the shorts the worry-free trade by no surprise, getting too close to meeting to bother
[07:34] {dino} pcln
[07:35] {bruce} maybe we should be shorting instead of trying longs?
[07:35] {Threei} who is trying longs?
[07:35] {cosmo} qid
[07:35] {dino} just sit back and wait.......down hard
[07:35] {Threei} QID goes up by definition when NASDAQ goes down
[07:36] {BillyD} it seems QID makes move before I can see it on QQQQ
[07:36] {cosmo} 1.5 times more leverage too
[07:37] {cosmo} ... or something like that
[07:37] {dino} watch the $ndx
[07:37] {dino} bd
[07:37] {BillyD} use to and switched
[07:37] {BillyD} I'll try...thx
[07:37] {dino} man i missed pcln l
[07:38] {dino} apol
[07:39] {Threei} IBM short half lot
[07:39] {Threei} stop .51
[07:39] {dino} eqix
[07:39] {dino} sm l .35
[07:40] {Threei} 1:1 IBM
[07:40] {BillyD} nice Vad, put order in .30 and missed...thought for sure a fill
[07:41] {BillyD} forget....NYSE
[07:41] {dino} too soon stopped -.40
[07:41] {Threei} couple cents out of market on it usually do the trick
[07:41] {Threei} nah, it's mostly ECN trading these days
[07:41] {Threei} quite nice fills
[07:41] {BillyD} saw a bid at .30 when enetered...then it turned oh well
[07:41] {Threei} nothing like it used to be
[07:42] {BillyD} not sure if NYSE was bid at time
[07:42] {Threei} do same thing as on NASDAQ, limit order a few cents out of market
[07:42] {dino} eqix maybe rinsed, double bottom
[07:42] {Threei} long now IBM
[07:42] {Threei} stop under 102
[07:42] {dino} meli l .25 break
[07:43] {dino} apol strong
[07:45] {bruce} missed meli entry
[07:46] {dino} mdtl spike
[07:46] {dino} got it
[07:46] {dino} eqix l .00 imo
[07:47] {Threei} trailing IBM to under .10
[07:51] {bruce} stopped IBm
[07:51] {bruce} sheesh - 6 straight losses today - no wins
[07:51] {BillyD} mkt drop killed it
[07:51] {magoo} i think roman correct...mkts green at close...just a feeling
[07:52] {magoo} rough ride tho
[07:53] {magoo} sorry to hear bruce...take a not push
[07:55] {dino} we all have those days bruce
[07:55] {bruce} thanks dino, mags
[07:55] {bruce} been one of those months
[07:55] {magoo} its been a tough month in my opinion...been saying that
[07:55] {bruce} course ibm goes now after stopping me
[07:56] {magoo} i am sizing down a little and widening stops to avoid rinses...equals same stop loss of $200
[07:57] {dino} thats what i did magoo, 300 share lots
[07:57] {magoo} yeah..u gave me that advice..been working this week
[07:57] {dino} meli and eqix working
[07:57] {bruce} me too mags - going small
[07:57] {dino} anyopne took tighten or get out
[07:58] {magoo} vad had 2 quid calls yesterday that rinsed than ran
[07:58] {bruce} \missed em dino
[07:58] {dino} there will be 5 more today. no worries
[07:59] {magoo} nasty if IF i have a feel of direction...want to give it a lil room..but need to protect so size accordingly
[08:01] {dino} out eqix 77.35, +1.35
[08:02] {dino} way soon
[08:03] {dino} sigm
[08:03] {dino} l .45
[08:03] {dino} stop lod
[08:05] {esemde} take care everyone..have a great rest of the day...mostly watching the last couple of days...can't make hide nor hair of the leave it up to the pros.....that would be you!
[08:05] {magoo} wait ES!
[08:05] * magoo slaps esemde around a bit with a large trout
[08:05] {esemde} what....
[08:05] * magoo slaps esemde around a bit with a large trout
[08:05] {esemde} huh!!!
[08:05] {Threei} are you ever glad you waited
[08:05] {dino} cya es
[08:06] {esemde} i'm otta here
[08:06] {magoo} now u can go he he..have good day:)
[08:06] {bruce} l sigm .41
[08:06] {bruce} see you ese
[08:06] {BillyD} bye ese
[08:08] {dino} comp green
[08:10] {bruce} sigm stop to .20
[08:12] {dino} agree
[08:15] {Threei} does NASDAQ look like dropping again to you?
[08:16] {dino} y
[08:16] {Threei} long QID then
[08:16] {dino} sigm stopped -.26
[08:16] {bruce} stopped sigm
[08:18] {dino} good stop
[08:19] {bruce} thanx dino
[08:19] {bruce} 7 in row now though
[08:19] {dino} it rinsed us, lol
[08:19] {dino} no time to be a hero
[08:24] {dino} wabc
[08:25] {Threei} here goes QID
[08:25] {magoo} wheres your entry?
[08:25] {Threei} was at .67 at the time, don't even think about entering that high
[08:26] {magoo} ok..gotcha boss
[08:31] {dino} wabc s .00, stop .33
[08:32] {bruce} tried but not shortable here dino
[08:33] {dino} who you have
[08:33] {dino} exac
[08:34] {dino} too thin
[08:34] {bruce} laser genesis dino
[08:34] {bruce} pretty good with short list most of time
[08:35] {magoo} bruce, u retail or bear?
[08:35] {bruce} bear
[08:36] {magoo} ok, cool
[08:36] {bruce} works for me
[08:36] {dino} wabc bstop to .12
[08:37] {Threei} dino
[08:38] {Threei} MON, down very 10 points third day in a row
[08:38] {Threei} very = over
[08:38] {magoo} cramer keeps talking writing about it too
[08:38] {bruce} yes - was waqtching it myself vad
[08:39] {bruce} thought it might go green today
[08:39] {bruce} big hit for the long term holds last ouple days
[08:41] {dino} wabc bstop to .36
[08:41] {dino} on my screen
[08:41] {dino} cov wabc .39, +.61
[08:42] {dino} wow mon
[08:42] {dino} to 95 and bounce?
[08:42] {dino} no takers on wabc huh
[08:43] {dino} patience, we are close to our 250 range again
[08:44] {bruce} no idea on mon dino- but it broke thru strong support at 100 so would think the investors are dumping now
[08:44] {patience} you think for today? can't tell....just watching ag stoks to drop below 30 rsi, and do a scalp
[08:50] {bruce} klac short?
[08:52] {dino} not for me
[08:53] {magoo} hey vad..thats twice u told me not to chase and u made good cake lol{yesterday COIN}
[08:53] {dino} sm wide, risky, l mon .50
[08:53] {magoo} trying to keep me down lol:)?
[08:54] {Threei} yes mags... eliminating competition {G}
[08:54] {Threei} bruce... stop would have to be over .80
[08:55] {Threei} looks to me like NQ makes one more little bounce before breakdown
[08:55] {bruce} see that vad - was lookingat shorting about .70 - stop too big for my taste on his one now
[08:55] {Threei} aggressive entry on KLAC and QID if so, KLAC short, QID long
[08:57] {Threei} got .22 on QID
[08:57] {Threei} .09 stop
[08:57] {Threei} KLAC no bounce
[08:58] {Threei} now there is, look for entry
[08:59] {bruce} took qid
[08:59] {bruce} hope I don't jinx it
[08:59] {Threei} need NQ to lose 1870
[09:00] {Threei} got .70 on KLAC, stop .81
[09:01] {Threei} half out on both
[09:02] {dptl} out+.15 qid ty
[09:02] {dino} gj
[09:02] {Threei} welcome dp
[09:03] {Threei} offering QID second half .55, stop to .29
[09:03] {Threei} bidding KLAC second half at .45, stop to .65
[09:04] {bruce} took .12 qid - needed a win
[09:04] {Threei} not blaming you
[09:04] {magoo} 182 down
[09:05] {bruce} should have held butno nerve
[09:05] {Threei} taking small wins is a confidence restorer
[09:05] {magoo} add up too
[09:05] {dino} de wow
[09:05] {magoo} 3 $20-0 = $800 bux
[09:06] {Threei} not looking to re-enter for now, not sure trend is intact
[09:07] {bruce} nice retarcement entry on klac vad
[09:08] {Threei} in jerky downtrending market aggressive entries are safer
[09:08] {bruce} agreed
[09:11] {BillyD} Vad, does QID actually follow the lead of seems from watching there is also anticipation of the NQ move?
[09:14] {Threei} sometimes, yes
[09:14] {Threei} but mostly it follows
[09:14] {BillyD} ok, thx
[09:15] {bruce} was your entry 98.50 mon dino?
[09:16] {dino} 97.50
[09:16] {magoo} nice 2 calls vad
[09:17] {bruce} k so 1.50 stop that was wide
[09:18] {dino} y
[09:19] {bruce} dewfinitley wide - will need to factor that in when you say you have a wide stop
[09:21] {dino} size accordingly
[09:21] {magoo} so now u even ignoring me? {as i run to nearest rock}
[09:21] {Threei} who?
[09:21] {Threei} me?
[09:22] {bruce} no one ignoring you mags
[09:22] {bruce} just to prove it
[09:22] {Threei} I beg to differ bruce
[09:22] * bruce slaps magoo around a bit with a large trout
[09:22] {Threei} here is my version of answer:
[09:22] {Threei} I am ignoring everyone, why do you think you should be exemption?
[09:22] * bruce slaps Threei around a bit with a large trout
[09:23] {Threei} and now you know why {G}
[09:28] {bruce} taking break
[09:32] {Threei} we just can't win, can we?
[09:32] {Threei} global growth is bad, absense of global growth is bad
[09:32] {Threei} is there anything good left on this planet?
[09:33] {magoo} my i tentions are good..results just bad
[09:34] {dino} out mon 100, +2.50
[09:36] {magoo} NICE
[09:36] {Threei} high five dino
[09:37] {dino} avtr
[09:37] {Threei} second day I try to attract your attention to this one... good to see you nailing it
[09:37] {dino} ty vad for heads up
[09:37] {Threei} it just felt like your kind
[09:46] {dino} avtr
[09:52] {BillyD} hard to get a real confirmation on QID here
[09:52] {BillyD} now I do
[09:53] {BillyD} were you watching it Vad
[09:53] {BillyD} I was looking short
[09:53] {Threei} no, sorry
[09:53] {Threei} from chart, looks valid
[09:53] {BillyD} ok, trying to get in sync with it
[09:53] {Threei} but didn't watch actual trading
[09:54] {BillyD} it seems by time a see a good moves already
[09:55] {BillyD} tough to keep a tight stop with the jerkiness
[10:08] {bruce} maybe better with wider stops billy
[10:08] {bruce} smaller shares
[10:08] {bruce} even vads last qid trade came within 1c of stopout
[10:08] {dino} acor
[10:09] {BillyD} yes bruce, just the moves direction can change pretty quick
[10:09] {bruce} yes - for me - several of my trad4s would have workedif gave them more room
[10:10] {BillyD} ACOR?...all the crazies out today
[10:10] {bruce} tough call - but not ehlpful to have small stops if almost all get stopped out
[10:10] {BillyD} yes
[10:11] {bruce} crazies billy - you talkin bout mags?
[10:11] {dino} lol
[10:12] {dino} he's running around like a happy schoolgirl today
[10:13] {bruce} maybe he is a schoolgirl
[10:13] {dino} roflol
[10:13] {bruce} acor short here dino?
[10:13] {dino} market going up, not sure
[10:14] {bruce} k
[10:14] {dino} rather it hits 25ish
[10:15] {bruce} what is your max stop dino - seems like 2.50 or so?
[10:16] {dino} edu
[10:16] {dino} depends on size, max loss of 250-300
[10:16] {bruce} k
[10:16] {bruce} so only played 100 shares or so in mon?
[10:17] {dino} w/200-300 pts market ranges, have to size down to not get stopped all over
[10:17] {bruce} k- thats been happening to me
[10:17] {dino} 200 actually
[10:18] {dino} when you string together lots of stops, you must either size down or pullback
[10:18] {dino} imo of course
[10:19] {bruce} k
[10:20] {dino} remember rule #1
[10:21] {dino} you must stay in the game
[10:21] {bruce} blame magoo?
[10:22] {dino} lol
[10:22] * bruce slaps magoo around a bit with a large trout
[10:22] {BillyD} you mean keep trading actively dino or capital preservation?
[10:22] {BillyD} both to an extent
[10:23] {dino} always prtect your must stay in the game, otherwise out of business
[10:23] {dino} never any reason you must trade
[10:23] {BillyD} yep
[10:25] {bruce} missed acor - it almost hit 25 then reversed
[10:26] {dino} i over thougt it
[10:27] * magoo slaps bruce around a bit with a large trout
[10:27] {bruce} ouch - Ihardly deserved that mags
[10:27] {bruce} not like I ever did that to you
[10:28] {bruce} hurt my feelings
[10:28] * bruce slaps magoo around a bit with a large trout
[10:28] {dino} edu sm l .80
[10:29] {dino} stop lod
[10:31] {bruce} couln't get .8 fill
[10:31] {bruce} waiting for retracement on it
[10:32] {bruce} nice dino
[10:32] {dino} thx
[10:32] {dino} you in
[10:33] {bruce} no
[10:33] {bruce} read above - didn't get filled
[10:33] {bruce} and not going to chase today
[10:33] {dino} ok
[10:34] {dino} don't chase
[10:34] {bruce} could have got .95 I think but wanted closer to your .8
[10:36] {dino} out .91, +1.11
[10:37] {bruce} very nice
[10:37] {dino} ty
[10:39] {Threei} AKAM half lot .21 long
[10:40] {dptl} stop?
[10:40] {Threei} .09 stop
[10:43] {dino} rvbd l .49 stop lod
[10:48] {BillyD} how about that little mkt spike
[10:49] {bruce} sorry vad- jinxed akam
[10:49] {Threei} ?
[10:50] {bruce} hit .09
[10:50] {Threei} it went within 1 (one) cent of 1:1, market dropped like crazy and it stayed within 1-3 cents off the 1:1 for a min - and you didn't exit?
[10:50] {Threei} come on
[10:50] {dptl} stopped akam
[10:51] {Threei} you guys...
[10:51] {dptl} yes that was a mistake
[10:52] {dptl} was offering .36 it went to .32
[10:52] {bruce} sorry vad - never quite hit 1 to 1
[10:52] {Threei} let's see
[10:52] {Threei} .21 - 0.09 = .12
[10:53] {Threei} .21 + .12 = .33
[10:53] {Threei} it topped at .32
[10:53] {Threei} which is "within 1 cent of 1:1" as I aaid
[10:53] {Threei} is my math wrong?
[10:53] {bruce} yes - with 21 entry call -
[10:54] {bruce} anyway - its done
[10:54] {Threei} if you had to enter a bit higher, it doesn't change chart
[10:54] {Threei} stock continues moving by chart rules, it has no idea about your entry, right?
[10:54] {Threei} obey chart, not your entry
[10:55] {BillyD} may I interject
[10:55] {bruce} understood vad - maybe I wasn't reading right
[10:56] {dino} rvbd stop to .28, mkt falls
[10:56] {BillyD} I think what Vad is saying, is that it was within 1 penny of 1:1 and the mkt spike down should have raised caution to exit early
[10:56] {Threei} eqzaktly
[10:56] {Threei} and AKAM was kind enough to wait for us
[10:57] {Threei} not dropped right away when market did
[10:58] {BillyD} sometimes you can get caught up executing exactly to the black & white strategy and forget to let the flavor of the trade tell when to adjust the plan
[11:00] {Threei} I thought it was a given after you guys exited QID trade a bit early last time around
[11:00] {Threei} and that one was still performing when you did...
[11:01] {bruce} sorry vad - been hammered today - trying not to let that cause me to do early exits
[11:01] {bruce} early exits with full stops is just another recipe for failrue
[11:02] {bruce} anyway - it's done
[11:02] {Threei} well, early is one thing... but 1 cent is another :)
[11:02] {Threei} it falls into "don't be that literal" category
[11:03] {BillyD} you crack me up Vad with that saying
[11:03] * bruce slaps bruce around a bit with a large trout
[11:03] {BillyD} you are one of the most literal people I know
[11:04] {BillyD} providing it's not time to deviate
[11:04] {BillyD} it's knowing when to is the key
[11:04] {Threei} really?
[11:04] {BillyD} yes
[11:04] {Threei} hmmm... and I thought I was flexible one
[11:05] {Threei} and illiteral
[11:06] {BillyD} where is Raven? is that a real word
[11:06] {dino} circling
[11:06] {BillyD} lol
[11:13] {Threei} looked it up
[11:13] {Threei} illiterature would be the better word
[11:14] {Threei} what's with SNIC
[11:14] {Threei} no news
[11:17] {dino} -203
[11:18] {dino} typical 250 range
[11:18] {dino} rvsn death
[11:18] {dino} rvbd stopped .30, -.19
[11:20] {bruce} sorry dino
[11:20] {bruce} watched it
[11:21] {bruce} small stop anyway
[11:24] {dino} yeah, it happens
[11:24] {dino} good day so not really affecting me
[11:25] {dino} rvsn l around 9.60 thinking
[11:25] {dino} 8.60 i mean
[11:25] {Raven} illiterate ?
[11:25] {Threei} finally
[11:25] {Raven} was thinking'
[11:26] {Threei} I was looking for a third wrong version to flush you out
[11:27] {Raven} lol
[11:27] {bruce} joyg triple bottom
[11:28] {dino} directors just5 sold couple million shares
[11:29] {dino} released 1:57
[11:30] {Threei} one more bounce NQ, then total breakdown
[11:30] {Threei} 1860 loss should do it
[11:30] {magoo} u in quid?
[11:31] {magoo} QID
[11:31] {Threei} looking for a trade on it
[11:31] {Threei} in
[11:32] {dptl} where?
[11:32] {Threei} .55
[11:32] {Threei} anticipatory entry
[11:32] {Threei} counting on breakdown
[11:32] {dino} gfig
[11:33] {dptl} where is your stop?Vad
[11:34] {Threei} originally .39
[11:34] {Threei} but trailing now
[11:34] {Threei} .49
[11:35] {Threei} half out
[11:36] {Threei} battle for 1860
[11:36] {BillyD} out ty Vad
[11:36] {Threei} welcome
[11:36] {patience} out, ty vad...nothing like a little rush :)
[11:36] {Threei} :)
[11:36] {dptl} missing everything for two days
[11:37] {Threei} back in
[11:37] {Threei} .49 stop this time
[11:39] {Threei} enough games NQ... break down that wall
[11:39] {Threei} hey, wrong wall
[11:40] {Threei} yes, this wall
[11:40] {Threei} half out
[11:41] {Threei} oh boy... die already NQ, will ya
[11:41] {magoo} 242 down dow
[11:41] * Threei kicks NQ in the groin
[11:41] {dptl} out +.24 qid ty
[11:41] {magoo} nice read on naz u had there
[11:41] {BillyD} nice dp
[11:42] {Threei} no dp thank YOU
[11:42] {Threei} made me feel better :)
[11:42] {dptl} :)
[11:42] {dino} ok, theres your 300 point range
[11:43] {dino} gj dp
[11:43] {dptl} ty
[11:43] {Threei} raven... look at these two, incapable of speaking in words longer than two letters each
[11:43] {Threei} gj
[11:43] {Threei} dp
[11:43] {Threei} ty
[11:45] * Threei desperately trying to exonerate himself in raven's eyes
[11:48] {Raven} {---- back from getting tea ... what are you yammering about anyway ??
[11:48] {Threei} as if anyone knows
[11:48] {Raven} sheesh
[11:48] {Threei} NQ held
[11:49] {Threei} nice downdraft but no meltdown
[11:49] {Threei} enough to profit, not enough to make a killing
[11:49] {Raven} SELL !!!!!!!!!!!! er, no, BUYYYYYYYYYYYYY !
[11:49] {Raven} whatever
[11:50] {Threei} congratulations guys
[11:50] {Threei} we are so insane, we managed to infect the only reasonable one among us
[11:51] {Threei} he was the last pillar of sanity in this room
[11:51] {Threei} I know, magoo tried to claim that title but...
[11:53] {bruce} wynn trying to break down
[11:54] {dino} rally coming imo, some serious damage out there
[11:55] {dino} twin l trig. .25 imo
[11:55] {dino} sm
[12:01] {dino} back in 10
[12:08] {BillyD} QID jumped .20 before I could see it on my NDX chart
[12:09] {BillyD} were you watching Vad
[12:09] {Threei} NQ teleportation too
[12:09] {Threei} yes
[12:09] {BillyD} ok
[12:09] {Threei} jerky jerky
[12:09] {BillyD} no way to trade that
[12:09] {Threei} no
[12:10] {BillyD} you have watch a tick chart for it
[12:11] {bruce} meli dino
[12:12] {BillyD} sorry, what I meant was Vad, have you ever watched a tick chart for NQ
[12:12] {dino} watching it
[12:12] {Threei} no
[12:12] {Threei} 1 m in is shallow enough for me :)
[12:13] {BillyD} do you have a candle on it?
[12:13] {Threei} yes
[12:13] {BillyD} ok
[12:16] {dino} gfig again
[12:17] {dino} missed it again, sheesh
[12:18] {dino} twin stopped -.40
[12:19] {bruce} I dumped it at 23
[12:20] {dino} smart
[12:20] {bruce} I wish
[12:21] {bruce} seems the best reversals work out right away and blast out of gate
[12:22] {bruce} looks like a higher low in meli now
[12:23] {Threei} breakdown is possibly in cards still
[12:23] {dino} 72 .30 l sm
[12:23] {dino} gfig
[12:23] {dino} didn't think it would get to me
[12:24] {bruce} kind of looks hta way vadster
[12:24] {magoo} at these levels...what u think? program buying or selling kick in to bell
[12:24] {Threei} feels like selling is more likely
[12:25] {bruce} thats a lot of selling for one day
[12:25] {Threei} NQ is just -18
[12:26] {magoo} comp -34?
[12:26] {Threei} yup
[12:26] {dino} stop to 73.48
[12:26] {Threei} here we go
[12:26] {dptl} qid?
[12:26] {Threei} not here
[12:26] {Threei} anticipatory entries is the only way
[12:27] {dino} out major slippage at .15 ave, +.85
[12:27] {BillyD} yep
[12:27] {dino} f#ck me, ran to 74
[12:28] {bruce} blame magoosky
[12:28] {magoo} he is hes yelling at me
[12:28] {dino} insult to injury, sheesh
[12:30] {BillyD} was wanting a dip into .60's for QID
[12:30] {Threei} yeah, this time NQ bounce was weaker
[12:31] {dino} market dumping
[12:31] {bruce} edu double bottome dino
[12:31] {dino} so much for my rally
[12:31] {dino} going lower i think bruce
[12:32] {bruce} k- probably notgreat place for long aempt then
[12:32] {bruce} I can make it go long though
[12:32] {bruce} \if I short here
[12:33] {dino} lol
[12:34] {dino} everythings' broken
[12:34] {bruce} you think I'm kidding?
[12:34] * bruce slaps magoo around a bit with a large trout
[12:34] {bruce} my trouter is only hing that still wor4ks
[12:38] {dino} it did go up a dime
[12:39] {dino} 12,800 to 12,100 in 5 days
[12:39] {dino} wow
[12:39] {magoo} bruce, it sure does work
[12:39] {dino} 11,900ish last feb/mar lows
[12:40] * bruce slaps magoo around a bit with a large trout
[12:40] {bruce} yup - still workin
[12:40] {dino} 2330, for comp
[12:40] {bruce} joyg long try here dino?
[12:41] {Threei} is Mon day off?
[12:41] {patience} y
[12:41] {Threei} cool... ty
[12:41] {dino} lmia crash
[12:42] {bruce} thought you were giving a trading seminar to us all that day vadster?
[12:42] {bruce} no rest for the wicked
[12:42] {dino} dk bruce
[12:45] {bruce} no momo in it dino
[12:45] {Threei} if I do, you know I lost it finally
[12:45] {bruce} jll?
[12:46] {dino} no
[12:47] {Threei} down it is
[12:47] {dino} i'm done
[12:47] {dino} enough of this
[12:47] {Threei} fork, quick
[12:48] {BillyD} maybe a couple of capitulation days would be good imo
[12:48] {dino} think we've had a couple
[12:48] {Threei} even one would be enough but we just can't get it
[12:48] {BillyD} yep
[12:49] {Threei} yesterday was pewrfect chance with that gap down
[12:49] {dino} i may add lmia for overnight
[12:49] {Threei} just needed a big scare and panic
[12:49] {magoo} friday before holiday..tough on longs also
[12:49] {BillyD} had that feeling for a while
[12:49] {magoo} so more of same tomorrow
[12:49] {Threei} but nooo, we had to go all the way back
[12:50] {dptl} klac
[12:51] {magoo} no one cares..sigh
[12:51] {Threei} more money... more inflation... less pressure on fed to cut rates...
[12:52] {BillyD} is that a last minute pep rally attempt
[12:52] {Threei} don't be that grim guys
[12:52] {Threei} this is a good thing
[12:53] {Threei} we are gettingbuge flush at the beginning of the year
[12:54] {bruce} usually don't flush bugs till summer vad
[12:54] {bruce} that was brutal - couldn't do anything right today
[12:55] {dino} vad is right guys, volitility is a treders friend
[12:55] {dino} traders
[12:55] {magoo} well yes..but...this is one tough mkt on traders dino
[12:56] {dino} magoo, are you or are you not having your best week in months?
[12:56] {magoo} well...i just very lucky..because..actually..i been whing about this mkt for days
[12:57] {dptl} got 12c on klac bounce
[12:57] {dino} "lucky"
[12:57] {Threei} dp is ever a fighter
[12:57] {dino} gj dp
[12:57] {dptl} still down
[12:57] {magoo} yes dp, wtg
[12:58] {Threei} Ok guys, thank you all
[12:58] {Threei} have a good evening
[12:58] {Threei} see you tomorrow
[12:58] {BillyD} bye all
[12:59] {dino} slry crash
[12:59] {dptl} have a good evening all
[12:59] {bruce} night all
[13:00] {magoo} ty all..ty vad
[13:00] {dino} missed lmia
[13:04] {dino} gn all

Wednesday, January 16, 2008

January 16, 2008

Session Start: Wed Jan 16 00:00:00 2008

Session Time: Wed Jan 16 00:00:00 2008

[05:25] {Threei} Good morning
[05:25] {hawkfan4} good morning Vad, all
[05:26] {Threei} hawk :)
[05:27] {Threei} good gap down
[05:27] {Threei} nice to see
[05:30] {Threei} *DEC CONSUMER PRICE INDEX M/M: 0.3% V 0.2%E; CPI EX FOOD_ENERGY:M/M: 0.2% V 0.2%E; CPI NSA: V 210.086E
[05:34] {Threei} don't see LLTC news... up nicely in a sea of red
[05:34] {cosmo} food inflates, it seems
[05:35] {cosmo} ... less filling...
[05:35] {hawkfan4} watching it, earnings
[05:38] {Threei} why less cos? inflates - increases in size - fills more of a stomach?
[05:38] {cosmo} ORCL buys BEAS
[05:39] {Threei} yeah, end of seemingly endless saga
[05:39] {cosmo} fills more of a stomach
[05:39] {cosmo} inflated food is easier to ration too
[05:41] {cosmo} NITE
[05:42] {cosmo} TLAB up grade from neutral to buy @ UBS
[05:47] {magoo} morning
[05:47] {cosmo} INTC tests 20 pre mkt ...fwiw
[05:47] {Threei} magoo
[05:53] {magoo} today promises to be interesting, i predicted last nite to cdino that @ precisely 2:15 today big ben surprises {will it be a surprise really?}
[05:54] {Threei} 2:15?
[05:54] {cosmo} INTC tests 20 pre mkt ...fwiw
[05:54] {magoo} crushes shorts, then back down for the rest of our natural lives
[05:54] {magoo} yep, 2:15 eastern time
[05:55] {Threei} OK :)
[05:55] {magoo} i know u know i know:)
[05:55] {magoo} brb
[05:55] {BillyD} morning RT
[05:55] {BillyD} and magostradomus
[05:56] {Threei} Billy :)
[05:56] {BillyD} lol
[05:57] {dptl} good morning all
[05:57] {Threei} dptl :)
[05:57] {BillyD} dp:)
[05:59] {BillyD} Vad, have you ever heard of Murreymath trading software
[05:59] {Threei} nope
[05:59] {Threei} what's that?
[06:00] {BillyD} dk, went to website and was so confused and thought you might have come across it to enlighten me
[06:01] {BillyD} starts talking about circles, lines, supposedly some relation to Gann
[06:02] {Threei} gosh
[06:02] {Threei} and you need this stuff why?
[06:02] {BillyD} Vad, I couldn't begin to comprehend it
[06:02] {BillyD} no, I don't need it lol
[06:03] {BillyD} a friend told me about his friend using the software and ask me to look at the site for him
[06:03] {cosmo} ASML tests 24.5
[06:03] {Threei} tell him life is too short
[06:04] {Threei} and between good scotch aand another website devoted to surefire winning system you pick scotch
[06:04] {BillyD} his friend is telling him he is hitting 85% win ratio
[06:05] {Threei} yesss!
[06:05] {Threei} finally
[06:05] {Threei} search is over
[06:06] {BillyD} anyway, I couldn't make anysense out of it and left the site
[06:07] {Threei} that was your second best option
[06:07] {Threei} first of course was to never even go there in a first place
[06:08] {magoo} back
[06:09] {esemde} morning all
[06:09] {esemde} Vad dcc please
[06:10] {Threei} ese :)
[06:14] {Threei} CAPACITY UTILIZATION: 81.4% V 81.2%E
[06:15] {dino} gm all
[06:15] {Threei} dino :)
[06:16] {dino} gann, elliot, blah, blah, blah bd
[06:17] {BillyD} don't know those guys dino
[06:17] {BillyD} have heard their names here or there
[06:18] {dino} waves, circles, etc for prediction. problem is, dfuring the last 4 year bull they missed badly
[06:18] {magoo} cramer very very negative on realmoney this a.m
[06:20] {dino} most cash since 1990, 6 months of pain
[06:21] {bruce} sgms dino
[06:24] {dino} looking for news
[06:26] {dino} lost pa lottery?
[06:27] {magoo} playbk..down..up...down...finish up
[06:28] {magoo} bidu near 300
[06:29] {dino} downgraded too
[06:29] {dino} sgms
[06:31] {dino} fslr under 200
[06:32] {bruce} dcc dino
[06:32] {dino} l meli 58.00
[06:33] {Threei} LLTC, half lot long on pullback
[06:34] {Threei} if any
[06:34] {Threei} if no pullback, waiting for whatever shapes up
[06:34] {Threei} don't want to chase it here
[06:34] {Threei} rather willing to miss a trade
[06:35] {bruce} meli stop dino?
[06:35] {dino} rvbd l .11
[06:35] {dino} .48
[06:35] {dino} rvbd .78
[06:37] {dino} tighten meli
[06:37] {dino} but it wants 2 bucks
[06:37] {Threei} no pullback
[06:37] {Threei} oh well
[06:38] {bruce} out meli +.88
[06:38] {dino} beauty
[06:38] {Threei} not horrible at all
[06:39] {BillyD} wtg bruce
[06:39] {bruce} thanx dino
[06:39] {bruce} thanx billy
[06:39] {dino} np, you pulled the trigger
[06:40] {bruce} you see dcc?
[06:40] {dino} ?
[06:40] {dino} thx
[06:43] {Threei} LLTC .65 long half lot if stays above .50
[06:43] {magoo} in
[06:45] {magoo} hhiding arca here, bad quotes
[06:46] {Threei} yep
[06:46] {BillyD} yeah, kind of messed me up on LLTC
[06:46] {magoo} ok, glad not my system
[06:46] {dptl} missed it with arca issues
[06:49] {Threei} 1:1
[06:49] {magoo} out .90 TY
[06:49] {dino} nyx l .60
[06:49] {dino} stop lod
[06:50] {Threei} welcome
[06:50] {Threei} 1:2, out
[06:50] {bruce} all out lltc +.25
[06:50] {Threei} not good bruce... horrible I'll say
[06:51] {magoo} he he vad..yeah ours not good
[06:51] {Threei} :)
[06:51] {magoo} i dsid hit the easy button tho
[06:52] {bruce} true vaD
[06:52] {bruce} you're forgiven
[06:52] {Threei} mags, you have your own now or still sneaking in and hit dino's?
[06:52] {bruce} out rvbd - .23
[06:53] {magoo} i got one for xmas from dino
[06:53] {Threei} oh wow
[06:53] {dino} rvbd stopped -.3
[06:53] {magoo} hje no like his missing all the time
[06:53] {Threei} you have one generous brother
[06:53] {magoo} he go on vaca and return to find it missing:)
[06:53] {Threei} lol
[06:54] {dino} nyx stopped
[06:54] {Threei} Dow is actually green?
[06:54] {Threei} or my quotes lie?
[06:55] {BillyD} green
[06:55] {Threei} want deeper pullback from LLTC
[06:55] {Threei} it keeps forming new consolidations
[06:56] {Threei} and breakout setups are valid on it, my concern is:
[06:56] {Threei} when the next one fails, it's likely to drop fast
[06:56] {magoo} my not want to lose any ching ching
[06:56] {Threei} with nasty slippage
[06:57] {Threei} so, let's keep size top half lot
[06:57] {Threei} so far, 29.06 next trigger
[06:57] {Threei} if holding 20.90
[06:58] {Threei} NQ is likely to bounce very soon
[06:59] {Threei} - Says stimulus package will not pass if included with extension of tax cuts
[07:00] {Threei} probably one more leg down
[07:00] {magoo} vad, watching aapl for bounce aslo
[07:00] {bruce} nyx again near here dino?
[07:00] {Threei} LLTC lost support, let it offer better pullback
[07:00] {magoo} vad, when naz bounces..aapl shopuld too
[07:01] {Threei} yes... I'd think somewhere under 164
[07:01] {bruce} jaso dino
[07:02] {magoo} another leg down imo
[07:02] {dino} nyx off of .oo imo
[07:03] {dino} dk jaso
[07:03] {Threei} QID
[07:03] {Threei} .51 long
[07:03] {magoo} here it is
[07:03] {dino} feels like 55 area jaso
[07:03] {dino} edu strong today
[07:03] {bruce} k
[07:03] {Threei} .39 stop
[07:04] {dino} market not helping
[07:04] {dino} aapl lod
[07:05] {dino} edu l sm .50
[07:05] {dino} out 67.60, +1.10
[07:06] {magoo} long aapl smnall .30
[07:06] {lumdus} magoo playing with the monster outch !
[07:06] {Threei} stopped QID
[07:07] {dptl} stoped qid
[07:07] {dino} meli blood
[07:07] {magoo} was good to us yesterday
[07:07] {magoo} out .90, + .60
[07:08] {magoo} LLTC held that pull well
[07:09] {dino} strange morning, really big drops out there
[07:09] {magoo} people scared
[07:09] {magoo} emotions running high
[07:10] {dino} gj magoo
[07:12] {magoo} another naz drop coming
[07:13] {Threei} too tight QID stop eh?
[07:13] {dptl} ye about 6c shake
[07:13] {BillyD} yeah, was just thinking we just missed
[07:13] {magoo} yeah
[07:13] {Threei} but it lost next support at .35 too
[07:14] {magoo} been the scenario of late, nasty rinses
[07:14] {Threei} where do you place a stop for it to be reasonable when it's so shaky
[07:14] {magoo} yours good..don't want 1 trade to kill us
[07:14] {Threei} no way
[07:14] {magoo} could have reversed hard there
[07:15] {magoo} scalpers market until further notice..HIT-N-RUN baby
[07:15] {Threei} today will be covered with dead bodies of heroes
[07:15] {BillyD} lol
[07:15] {magoo} look aapl now
[07:15] {magoo} sheesh
[07:15] {Threei} but of course we will hear only from "I made a killing today" crowd
[07:16] {dino} jaso approaching 55
[07:16] {magoo} jaso tough magoo more than i got it
[07:16] {BillyD} IDIX Vad
[07:16] {Threei} AAPL mags?
[07:17] {magoo} watch
[07:17] {Threei} IDIX goes to 5, at least IMO
[07:17] {Threei} and most likely much higher
[07:17] {BillyD} just hard to enter it
[07:17] {BillyD} here
[07:17] {Threei} but just as with SEED call, I can't make a precise entry call
[07:17] {Threei} not my type, can't time it well
[07:18] {BillyD} yep
[07:18] {Threei} Roman had a nice early call on it
[07:18] {Threei} so, for this type of mentions to be clear:
[07:18] {Threei} I have no particular read,
[07:18] {Threei} I give my general view
[07:18] {Threei} for those who do have tools to read it better and want to try
[07:19] {Threei} (hawk with his disgusting SEED profits comes to mind)
[07:19] {dino} sigm l .25, stop .89
[07:19] {hawkfan4} lol, that'll get my attention :)
[07:19] {Threei} I knew it :)
[07:19] {magoo} aapl getting interesting vad
[07:19] {dino} my entries are off today
[07:20] {dino} stopped sigm
[07:20] {dino} taking break
[07:20] {Threei} mags, AAPl is a bit weaker than overall market
[07:20] {magoo} good point..agree
[07:20] {magoo} can kill too
[07:20] {dino} aapl to 160 imo
[07:21] {magoo} strike dino?
[07:21] {dino} thinking yes
[07:21] {magoo} bidu losing big 300 vad
[07:21] {magoo} psychological level
[07:22] {magoo} this plays well for my prediction @ 2:15 p.m
[07:22] {Threei} if you can handle its volatility, it's most likely a big short
[07:24] {Threei} COIN small shares long
[07:24] {Threei} stop under 12
[07:24] {dino} wow sgms
[07:25] {magoo} coin entry?
[07:26] {Threei} not higher than .20
[07:26] {magoo} u in?
[07:26] {Threei} was available at .16, 19 and .20 at the moment
[07:26] {Threei} yes
[07:26] {magoo} k
[07:30] {Threei} *DOE CRUDE: +4.26M V +1.2ME; GASOLINE: +2.2M +2.5ME; DISTILLATES: +1.15M V +1.5ME; UTILIZATION: % V 90.3%E
[07:30] {lumdus} in qcom 40.97 stop 39.99
[07:32] {lumdus} -.07 on qcom
[07:32] {Threei} half out COIN .50
[07:36] {Threei} stop to under .20
[07:40] {lumdus} in appl 162.05
[07:41] {lumdus} stop b/e
[07:41] {lumdus} outch !
[07:44] {Threei} dino, you may want to watch MON for bounce
[07:44] {magoo} dino called aapl 160 strike
[07:44] {magoo} he out the door vad, back in awhile
[07:45] {Threei} so, jump at his comp and buy something for him using full margin
[07:45] {Threei} aren't you keeper to your brother
[07:45] {bruce} micc dino
[07:45] {dptl} lltc holding well
[07:46] {magoo} that would get me thrown out the second floor window by force
[07:46] {Threei} I chickened around .50 support dp...
[07:46] {magoo} and thats NOT high enough to kill, so major prolonged suffering vad
[07:46] {Threei} yikes
[07:47] {Threei} ok then... if he is so violent, let him sit with no help by you
[07:47] {Threei} IDIX, look at this stubborn climb
[07:47] {Threei} blazing speed too
[07:47] {magoo} bidu 291
[07:48] {Threei} you sdhorted mags?
[07:48] {magoo} no, i am waiting for vbounce
[07:49] {magoo} may never get it evsr again
[07:49] {lumdus} i came in mindset for long and didn't find setups - nothing much to do.
[07:50] {Threei} lum, are you a trend trader or reversal trader?
[07:50] {lumdus} both ..
[07:50] {Threei} MON up 2 bucks since mention
[07:51] {Threei} dino would be all over it
[07:51] {lumdus} i see no reversal and no trend going up
[07:51] {magoo} why not give monto magoo then vad? he he
[07:51] {Threei} told ya, buy it for dino
[07:51] {lumdus} in lltc 29.17 sto 20.07
[07:52] {magoo} u pushing your luck lil man{soup nazi}
[07:52] {bruce} $9 stop lum?
[07:53] {lumdus} 29.07out
[07:54] {lumdus} out lltc - crap
[07:55] {Roman} long PAAS
[07:55] {Roman} 34.32 capit play
[07:55] {Threei} lum, I didn't understand this stop p[lacement at all
[07:55] {Threei} why 20.07?
[07:56] {Threei} 29.07
[07:56] {lumdus} yeah, was crap
[07:56] {Threei} there was no support there
[07:56] {Threei} to signify trade failure
[07:57] {Threei} seems just arbitrary, not by chart
[07:58] {lumdus} was just to limit exposure in this crazy market
[07:58] {Roman} SOLF
[07:58] {Roman} bouncer
[07:58] {Roman} long small
[07:58] {Roman} CSIQ bouner
[07:59] {Roman} out PAAS +.45
[07:59] {Roman} out SOLF scalp
[07:59] {Threei} ty PAAS Roman, got it too
[07:59] {Threei} lum, not the way to do it, sorry
[08:00] {lumdus} ok, thanks for watching me.
[08:01] {Roman} OMTR capit
[08:01] {Roman} play super small,
[08:01] {Roman} in .62
[08:02] {Roman} out +.42
[08:02] {Threei} 5 cents from bottom
[08:02] {Threei} disgusting
[08:02] {BillyD} nice roman
[08:03] {Roman} ty
[08:03] {Threei} you know if you continue trading like this, noone will come out and play with you tomorrow, right?
[08:04] {Roman} don't get this one Vad
[08:04] {Roman} got to explain
[08:04] {Threei} he who wins every time... :)
[08:05] {magoo} gets snmacked
[08:05] * magoo slaps Roman around a bit with a large trout
[08:07] {dptl} lltc?
[08:08] {Threei} don't know what to say dp... it looks like continuing slow climber
[08:08] {Threei} but pullbacks are not really readable
[08:08] {dptl} ok
[08:10] {Roman} QMAR
[08:10] {Roman} long small
[08:10] {dino} trying to go green imo
[08:12] {Roman} in .38 QMAR small
[08:14] {Roman} stopped
[08:14] {Roman} biatch
[08:15] {dino} dnex
[08:15] {dino} lol rfr
[08:17] {Roman} looking for capt on QMAR bidding 15.5
[08:17] {bruce} stopped qmar -.46
[08:18] {Roman} in. 50
[08:19] {Roman} out .96 +.46
[08:19] {Threei} nice comeback
[08:20] {dino} gj
[08:21] {esemde} yesterday and todays market is for the real PRO"S.......haven't participated much just watching you work
[08:22] {dino} gs strong today
[08:22] {magoo} mkts staging nice come back here
[08:22] {esemde} could todays market end up...UP....
[08:23] {magoo} look at my earlier posted playbook ES
[08:23] {magoo} vad, pullup playbok
[08:24] {dino} es, always remember..."anything can happen"
[08:24] {dino} edu held well
[08:25] {esemde} tried to find it it the one that said there would be a bounce
[08:26] {bruce} nyx reversal here dino?
[08:26] {magoo} down ...up...down...finish UP
[08:26] {magoo} no worries...its in the "book"
[08:27] {dino} waiting for 78
[08:27] {esemde} thats's in the "why don't you read the book dummy"
[08:27] {esemde} why do you figure it's going to end UP today mags
[08:28] {magoo} watch and see
[08:28] {magoo} i am magoostradamas
[08:28] {dptl} lol
[08:29] {esemde} ha ha ha that was really funny!
[08:35] {Threei} see LLTC dp?
[08:35] {dptl} ye
[08:35] {Threei} disconnected, no real read
[08:35] {Threei} started rifting aimlessly
[08:35] {Threei} drifting
[08:36] {lumdus} mlnm trying to break
[08:38] {Threei} IBM half lot long
[08:38] {Threei} stop under 102
[08:38] {Threei} first uotick from here
[08:38] {Threei} if holding 102
[08:39] {dptl} in .02
[08:41] {Threei} out
[08:41] {dptl} stopped
[08:41] {dino} can you tell we're in an election year, lol
[08:41] {bruce} same
[08:41] {bruce} nice small stop vad
[08:41] {dptl} -3c
[08:42] {dptl} brcm?
[08:42] {magoo} vad, look right
[08:42] * magoo slaps LaserDave1 around a bit with a large trout
[08:42] * Threei slaps LaserDave1 around a bit with a large trout
[08:43] {Threei} IBM, want bounce still
[08:43] {Threei} .50 is closest support
[08:43] * LaserDave1 slaps LaserDave1 around a bit with a large trout
[08:44] {Threei} .51 long
[08:44] {Threei} if holding .40
[08:44] {Threei} over 1:1
[08:45] {dptl} missed
[08:45] {Threei} out +.25
[08:45] {bruce} same - missed it
[08:45] {bruce} drat
[08:45] {Threei} :(
[08:45] {Threei} sheesh, too soon
[08:45] {Threei} full 50 cents bounce
[08:46] {Threei} BRCM... brewak seems legit
[08:46] {Threei} 23.01
[08:46] {bruce} yes
[08:46] {bruce} very nice bounce
[08:46] {Threei} just remember, it's in NQs hands
[08:46] {Threei} nice C&H on intraday
[08:47] {dptl} stop?
[08:48] {dptl} .84?
[08:48] {Threei} yeah
[08:50] {magoo} how about nvda}?
[08:50] {dptl} offering .18
[08:51] {dptl} out ty
[08:51] {Threei} out .21
[08:52] {Threei} not sure NVDA mags
[08:54] {BillyD} strong mkt move here
[08:55] {magoo} LLTC trying
[08:56] {magoo} COIN trying
[08:56] {Threei} NVDA feels like short candidate
[08:56] {Threei} wouldn't move with market strong power-up
[08:56] {magoo} LLTC new ghigh
[08:56] {Threei} stop .22 NVDA
[08:57] {magoo} u mean brcm?
[08:57] {Threei} no, NVDA
[08:57] {magoo} whered u short it at}?
[08:58] {Threei} right here
[08:58] {Threei} aggressively, with very tight stop
[08:58] {Threei} I'd say, with laughably tight stop
[09:01] {dptl} stopped nvda
[09:01] {Threei} -4 cents
[09:01] {dptl} -5c
[09:01] {Threei} wait for me while I am crying over my ruined budget
[09:02] {magoo} dam..missed LLTC
[09:02] {magoo} was stalking .32
[09:08] {dino} nyx stop to .00
[09:08] {bruce} nihd long vad?
[09:08] {Threei} don't see anything on it
[09:14] {dptl} how about .50 nvda?
[09:14] {bruce} missed nyx dino
[09:16] {Threei} sorry dp... not much I can say about it
[09:16] {dptl} ok
[09:17] {dino} np, i'm boring today
[09:19] {bruce} lol - not a lot of big spike plays yet today
[09:21] {dino} cvco
[09:22] {dptl} is arca better now i have my turned off?
[09:23] {BillyD} no
[09:23] {dptl} i see...thnx Billy
[09:23] {BillyD} :)
[09:27] {dino} missed cvco short
[09:33] * Chaeron slaps LaserDave1 around a bit with a large trout
[09:33] * magoo slaps Chaeron around a bit with a large trout
[09:33] {Chaeron} good to see you to bro :)
[09:34] {Threei} what about me?
[09:34] {magoo} gjfhgfhfnff
[09:34] * Threei slaps Chaeron around a bit with a large trout
[09:34] * magoo slaps bruce around a bit with a large trout
[09:34] {Chaeron} feels good to be loved.........
[09:36] {esemde} half zeeee grate ves of de day....ya'll
[09:36] {dino} cya es
[09:36] {magoo} bye es
[09:37] {Threei} ese exited while I was decoding his message
[09:37] {dptl} ye me too
[09:39] {dptl} o...i got everything but "ves"'
[09:40] {Threei} I would too but I fell asleep
[09:40] {Threei} that "zeee" got me, I am programmed to fall asleep on the first Z sound
[09:41] {dptl} lol.....come on Vad have some scotch
[09:41] {Threei} no way... not before 10 am
[09:41] {dptl} ok 20 min left
[09:48] {dino} nyx stop to .50
[09:52] * bruce slaps magoo around a bit with a large trout
[09:54] {dino} out nyx +.50
[09:54] {bruce} nice dino
[09:56] {dino} ty
[10:00] {Threei} *JAN NAHB HOUSING MARKET INDEX: 19 V 19E- prior month revised from 19 to 18
[10:03] {Threei} ok fess up time... anyone took IDIX?
[10:03] {dino} meli, heck of a daily range
[10:03] {magoo} not my style
[10:03] {BillyD} took it earlier for about a dime
[10:03] * Threei pretends not to be looking at hawk
[10:03] {Threei} billy :)
[10:04] {hawkfan4} lol, nope
[10:04] {BillyD} you see mkt straight down and you go long knowing it is really not your type.....guesswhat? tape wins again
[10:05] {Threei} yup
[10:11] {magoo} mkts rollling over
[10:49] {dptl} .
[10:49] {dino} ..
[10:50] {magoo} ...
[10:50] {patience} don't want to feel left out ....
[10:51] {dino} lol
[10:52] {patience} crying bitterly into my green tea....potash was over $152 CDN yesterday, dropped to $127 range this morning...what a trade it could have been
[10:54] {BillyD} HIMX...a slow one
[10:54] {bruce} a shame patience
[10:54] {dino} it happens, kicking myself for missing meli bottom
[10:54] {bruce} magoosky's fault
[10:55] {bruce} he should have alerted you since hes clairoyant these days
[10:55] {dino} you're correct, it's magoo's fault
[10:56] {bruce} you bet - blame mags blame mags
[10:56] {bruce} damn you mags
[10:56] {patience} only trade i have made today is selling my british pound shorts for a profit
[10:56] {dino} gj, not much for me either today
[10:56] {bruce} ah - well good to be green
[10:56] {dino} cyno spike
[10:57] {bruce} I'm down $2.00
[10:57] {bruce} mags fault
[10:57] * bruce slaps magoo around a bit with a large trout
[10:57] {dino} lol
[10:59] {bruce} how do you keep track of all the diferent execution programs you use patience?
[10:59] {bruce} do you have like 12 monitors or something?
[10:59] {patience} one laptop
[11:00] {patience} phone
[11:00] {bruce} wow - you trade stocks futures options and forex all from one laptop sccreen?
[11:00] {patience} yes bruce
[11:00] {patience} used to have 4 monitors
[11:01] {bruce} that seems like a lot of information to try to keep track of
[11:01] {patience} but with my lifestyle that was hopeless....i am gone from my house quite a bit during the day
[11:01] {patience} well....i manage to pay all my bills and paying down mortgage on a rapid basis....
[11:02] {dino} gj
[11:02] {bruce} obviously works for you
[11:03] {bruce} you have all those programs open at once and tab thru them?
[11:03] {patience} took me couple of years to figure out style for me
[11:03] {patience} yes
[11:03] {bruce} k
[11:03] {dino} market really whipping around
[11:04] {Threei} and goes nowhere very fast
[11:05] {bruce} congrats to you patience - Im still working to trade stocks without tying all that other stuff
[11:07] {dino} you're getting better bruce, stick w/what works
[11:08] {bruce} thanx dino
[11:08] {bruce} doing a lot of yoru style trades these days
[11:09] * magoo slaps bruce around a bit with a large trout
[11:09] {bruce} is bernanke on now?
[11:09] {dino} doesn't matter who's style, just find your edge, manage the risk, be consistant, and keep it simple. good job
[11:09] * bruce slaps magoo around a bit with a large trout
[11:10] * bruce slaps magoo around a bit with a large trout
[11:10] {bruce} and again
[11:10] * bruce slaps magoo around a bit with a large trout
[11:10] {bruce} take taht!
[11:10] {Threei} no?
[11:10] {Threei} since when?
[11:11] {bruce} they don't want too much investment going into lternatives to oil vadster
[11:11] {Threei} QATAR OIL MINISTER: NO NEED FOR OPEC TO BOOST OUPUT AT FEB MEETING- Says OPEC must be cautious as it is facing a Q2 seasonal demand drop and the possibility of a US recession
[11:12] {bruce} for goood measure
[11:12] * bruce slaps magoo around a bit with a large trout
[11:12] {Threei} LIBYA OIL CHIEF: NO NEED FOR OPEC TO RAISE OUTPUT AT FEB MEETING- Notes OPEC needs to gauge new OPEC supply, Q2 demand
[11:14] {dino} rvsn
[11:16] {dino} missed at .80
[11:16] {bruce} some kind of ne3ws on it?
[11:17] {dino} not that i see
[11:18] {bruce} l at .94
[11:18] {dino} would've had a buck
[11:21] {dino} bruce, so you know i was going short at 11.80, no fill
[11:22] {bruce} k
[11:22] {bruce} good timing
[11:23] {bruce} I went long 10.94
[11:23] {bruce} stopped .-.32
[11:25] {dino} spikes i like to short
[11:25] {bruce} thought it would have second push up
[11:28] {dino} it is
[11:28] {bruce} yup -baqd entry my part - should have waited a bit longer
[11:32] {dino} rock-n-roll up
[11:41] {dino} bpop
[11:43] {dptl} nvda?
[11:45] {Threei} it's in its own world today
[11:45] {Threei} what's with ZIXI?
[11:45] {Threei} I see no fresh news
[11:45] {dino} dk, don't like the little ones]
[11:45] {dino} no news
[11:45] {Threei} quite a move for a little bugger
[11:48] {dino} another 200pt plus day
[11:48] {dino} about 100 pts shy of avverage
[11:48] {lumdus} yeah, a bugger . wish i was in it . quack
[11:57] {magoo} vad, what u got into last hour here?
[11:58] {lumdus} short rimm 90.22
[11:58] {lumdus} stop b/e
[11:59] {dino} gj
[11:59] {dino} abcw
[11:59] {lumdus} covering rimm by next drop i gues
[11:59] {lumdus} out .77
[12:00] {lumdus} +.55 ?
[12:00] {dino} over already
[12:00] {lumdus} yes, i scalped .. that's it
[12:00] {dino} nice one lum
[12:00] {Threei} looking at DEAR
[12:00] {lumdus} vad told me you don't become a millionare just take what you got and go
[12:01] {dino} agree
[12:01] {Threei} don't see any reason for it to be up that much
[12:01] {dino} this is my paycheck lum
[12:01] {dino} having chart issues
[12:02] {dino} seems banks popping vad
[12:02] {dino} dear, abcw, etc
[12:02] {dino} back in 10
[12:02] {Threei} yesterday's news on it:
[12:02] {Threei} 01/15/08 07:01pm [DEAR] Reports Q4 $0.05 v $0.29 y/y: ROE: 1.13% v 7.43% y/ymore
[12:09] {Threei} QID half lot long
[12:09] {Threei} .65
[12:09] {Threei} under .50 invalidated
[12:10] {dino} issc
[12:10] {dptl} in
[12:11] {dino} vrus animal
[12:13] {Threei} come on NQ, drop
[12:15] {Threei} sigh
[12:15] {dptl} stopped
[12:17] {bruce} stopped her too dp
[12:17] * bruce slaps magoo around a bit with a large trout
[12:22] {dptl} not great today .....missed all winners and picked losers of thouse days
[12:22] {bruce} blame mags dp
[12:23] {magoo} might as well
[12:23] * bruce slaps magoo around a bit with a large trout
[12:23] {bruce} vadsters going to find us a .60 win dp
[12:23] {bruce} he's runningout of time though
[12:25] {lumdus} yeah, we all banking on him
[12:25] {Threei} guys don't do it
[12:25] {Threei} this is exactly how you push me to look for trades that just are not there
[12:25] {lumdus} ok, everybody behave now. got that
[12:26] {Threei} then we get those annoying stops that could be avoided if I didn't feel this pressure to find something
[12:26] {bruce} heaven forbid we would push you vad
[12:26] * bruce slaps magoo around a bit with a large trout
[12:26] {Threei} if I see a trade that is worth the risk I don't hold out on you
[12:26] {magoo} what the ..........
[12:27] {Threei} but to look for a trade actively is not what I want to do
[12:27] {Threei} and not what you want me to do, believe me
[12:29] {lumdus} yeah, don't want to push it.
[12:30] {lumdus} done for the day - have a nice day everyone - see you on friday.
[12:30] {magoo} bye lum
[12:30] {bruce} bye lum
[12:31] {lumdus} vad, i am glad you told me about the stop loss on my portfolio.
[12:31] {lumdus} this am did very well and pm just lost a drop and quit for the day. very happy take care
[12:31] {Threei} protecting profits?
[12:31] {lumdus} yes, protecting my profits from the am session
[12:32] {dino} gj lum
[12:37] {bruce} any feel for cree breakout here vad?
[12:37] {Threei} market seems to aim down here
[12:37] {Threei} not that CREE has much to do with market today but still
[12:38] {bruce} k- lat4e in dayt for brakout any way
[12:38] {Threei} this is that same breakdown which I targeted with that QID long
[12:39] {bruce} there we go - nice 15 c drop - false breakout
[12:39] {Threei} yup
[12:40] {bruce} spoke too soon 40c drop
[12:40] {Threei} can I express my honest opinion about it?
[12:40] {Threei} here goes:
[12:40] {magoo} please do
[12:40] {Threei} @#&^^%!
[12:41] {dino} lol
[12:41] {bruce} 55c drop
[12:41] {Threei} NQ did exactly what I envisioned with .65 QID entry
[12:42] {Threei} but not before two shakeouts
[12:42] {bruce} well - glad I didn't try that breakout fakeout
[12:42] {magoo} that reminds me...takeout
[12:43] {Threei} chinese?
[12:43] {magoo} yup
[12:43] {magoo} fav dish..wanna guess?
[12:44] {Threei} pig ears
[12:44] {magoo} magoo guy pan
[12:45] {bruce} sheeshe - 80 so far -waht a wonderful short
[12:45] {bruce} -$1
[12:45] {Threei} come on bruce... continue thoroughly enjoying not going long on it, don't spoil the joy by thought "why didn't I short it" :)
[12:46] {bruce} lol
[12:46] {bruce} but that was my buck vad
[12:46] {Threei} leave grief to me, I have better reason for it
[12:46] {Threei} seeing the trade and going for it, and being right - but still taking stop because of being too early
[12:46] {bruce} that was one nasty pullback
[12:47] {bruce} sorry to hear vadster
[12:47] {bruce} thats never happened to me
[12:47] {Threei} that's not a pullback if you mean CREE... that;s disaster
[12:47] {Threei} obviously caught a lot of traders by surprize
[12:48] {bruce} thats a lot of longs getting royally @@#$%
[12:48] {Threei} if it wasn't 10 min to eod, I would start looking for long on it
[12:48] {bruce} hey mags
[12:49] {magoo} .
[12:49] {bruce} don't forget the4 sweet andsour magoo balls
[12:49] {magoo} UGHGHGHHGHHGHG
[12:49] {Threei} don't disturb him, chewing roasted pig's ear is a hard work
[12:49] {bruce} lol
[12:49] {bruce} geesh
[12:49] {bruce} I feed them to my dogs
[12:50] {patience} me gets gas from them though
[12:50] {bruce} Ithi9nk cree is reaonable tlong here
[12:50] {bruce} but too late in day
[12:50] {bruce} my dog gets ggas from regular dog food patience
[12:50] {Threei} well, if we had enough time, I'd say one more sharp leg down
[12:51] {patience} toronto is tanking
[12:51] {bruce} looks like your right vad- pretty crappy bounce
[12:51] {Threei} but being so close distorts things
[12:51] {Threei} people who don't want to be in it on any side start exiting not because of chart but because of time
[12:51] {bruce} maybe my dog could be alternate energy source?
[12:52] {bruce} harness all that methane gas
[12:52] {Threei} so read becomes pretty much useless
[12:52] {dino} nwpx
[12:52] {magoo} now come on...this was tough day to trade, right?
[12:53] {magoo} and the all of january
[12:53] {magoo} yes? no?
[12:53] {patience} today felt different magoo....i could see the train coming down the tracks for me on every trade i conbsidered
[12:54] {BillyD} like getting run over patience ?
[12:54] {Threei} I don't know how to chose between two answers mags:
[12:54] {patience} first time this month that i don't want to hold overnight
[12:54] {Threei} first is, yes january is much tougher
[12:54] {bruce} january sucks
[12:54] {dptl} i am still down for the month :(
[12:55] {bruce} just my opinion ohgh
[12:55] {Threei} and second: entire fall was so giving, maybe market just returned to the norm
[12:55] {bruce} me too dp
[12:55] {magoo} if this is norm, its gonna be tough year, and i am uptoday, but only 500
[12:55] {Threei} but yeah, emotions are pretty high
[12:55] {Threei} oh poor you
[12:55] {Threei} we all are crying
[12:55] {bruce} porr porr maoggosky
[12:56] {Threei} no, this is not a norm
[12:56] {bruce} yes
[12:56] {bruce} tears streaming down face
[12:56] {Threei} this is very nervous market
[12:56] {magoo} i remember ole days..vad spitting out so many trades
[12:56] {Threei} I mean, just look at NQ daily
[12:56] {magoo} i can't keep up..he braggs hes 10 for 10
[12:57] {bruce} when was that mags?
[12:57] {Threei} starting from say 12/28
[12:57] {Threei} down 300 points with barely two green days
[12:57] {Threei} sorry, 3
[12:58] {BillyD} we down about 10% this year overall?
[12:58] {bruce} yes- frustrating though - you'd think we'd see lots of opportunity with those moves
[12:58] {magoo} even the wins are hard fought tho
[12:58] {Threei} bear market is not as generous on opportunities as bull
[12:58] {Threei} it's not just about direction
[12:58] {bruce} I like shorts
[12:59] {magoo} me too
[12:59] {Threei} who doesn't
[12:59] {bruce} speaking of shorts
[12:59] {bruce} should have shorted cree
[12:59] {Threei} but there is more to it than bull market - go long, bear market - go short
[12:59] {magoo} better than long pants in summer
[12:59] {bruce} I hate cree
[12:59] {Threei} try to do a trend trading on a long side in bull market,
[12:59] {Threei} try to do trend trading on a short side in bear,
[13:00] {Threei} you will find the latter much harder
[13:01] {Threei} ok guys, thank you all
[13:01] {bruce} k
[13:01] {Threei} have a good evening, see you tomorrow
[13:01] {bruce} night vad
[13:01] {magoo} good nite vad
[13:01] {dptl} have a good evening all
[13:01] {BillyD} bye]
[13:01] {bruce} gonna get me some deep firied magoo in black bean sauce
[13:02] {dino} later all
[13:03] {dino} wow nazdaq -17% from highs in oct
[13:04] {bruce} yes - isn't 20%considered a bear market ?
[13:05] {dino} yes
[13:05] {bruce} took a while for that real estate bubble to work its waqy through
[13:06] {bruce} thanx again dino
[13:06] {bruce} \goodto work wi you
[13:06] {bruce} night all
[13:09] {magoo} dave DCC if u here
[13:09] * magoo slaps LaserDave1 around a bit with a large trout
[13:09] * magoo slaps LaserDave1 around a bit with a large trout
[13:09] {magoo} attention getter :)

Tuesday, January 15, 2008

January 15, 2008

Session Start: Tue Jan 15 00:00:00 2008

Session Time: Tue Jan 15 00:00:00 2008

[05:12] {Threei} 07:01am [DNDN] Receives European patent covering Provenge and Company's ACI platform technology
[05:23] {esemde} morning Vad
[05:23] {Threei} hi ese :)
[05:23] {esemde} up early like me i see
[05:24] {Threei} {whining session on} age... insomnia... {whining session off}
[05:24] {esemde} Maureen my VP siad that she she hve contact info for you hopefully today
[05:24] {esemde} for camosun
[05:24] {Threei} dcc? :)
[05:40] {Threei} yesterday ag heroes are not very happy
[05:40] {Threei} but could be just general gap down in the markets
[05:53] {cosmo} TLAB rumor: NOK possible buy out...
[05:55] {cosmo} 6.45 pre mkt high fwiw
[05:59] {cosmo} DNDN pre mkt high = 6.85 fwiw
[06:00] {cosmo} { pre mkt high fwiw
[06:02] {dino} gm all
[06:02] {Threei} dino :)
[06:02] {dptl} good morning all
[06:02] {Threei} dp :)
[06:02] {dino} :)
[06:04] {lumdus} good morning all
[06:05] {Threei} hi lum
[06:05] {esemde} lum
[06:07] {lumdus} i got one of those damm DTC margin calls. They by mistake dumped some stock in my account and fixed it .. but the margin call still stays.
[06:07] {Threei} wait for magoo to high-five you
[06:07] {lumdus} i keep on asking what to do, and they tell me no worry we take care
[06:08] {lumdus} yeah, but i made very good on the deal. On friday I shorted a stock then i covered for .05 profit.
[06:08] {lumdus} however, i bought it out of market (don't know what the heck that means)
[06:08] {lumdus} so 2 hours later i was back short that stock and the profit was + 1.75
[06:08] {lumdus} i was happy untill i saw this margin crap and asked what I do .. so far they sleeping on this.
[06:09] {Threei} wait
[06:09] {Threei} your cover was broken without you knowing it for 2 hours?
[06:09] {lumdus} yes, that is correct. They told me It was bought out of market
[06:09] {Threei} meaning, if stock went up big meanwhile, you would have stuck with big loss
[06:09] {Threei} and no recourse
[06:10] {lumdus} yes, exactly what they said.
[06:10] {Threei} that's a scary situation
[06:10] {lumdus} well you know who i am with .. might need to change if this is not normal.
[06:10] {esemde} hold on there bobalooey.......scary.....understatement....have they made that right...
[06:10] {Threei} if you sent your order as usual and got confirmation of a fill
[06:10] {lumdus} i'll tell you stock symbol
[06:10] {Threei} what do you care where they got the shares
[06:11] {esemde} who are you dealing with LUM?
[06:11] {lumdus} I don't care, they said that it's the rule
[06:11] {lumdus} i am dealing with MBT
[06:11] {esemde} what does that stand for
[06:12] {cosmo} MBT = TSATA flashbacks .... for me
[06:12] {lumdus} MB Trading..
[06:12] {Threei} rule that says you may find out later that your order was not actually filled despite confirmation, and you have open position unknowingly?
[06:12] {Threei} because of some internal mechanics of theirs?
[06:12] {esemde} I thought that they were a reputable firm....
[06:12] {lumdus} yes, that is what they told me. I didn't fight it since I made good money on it.
[06:13] {Threei} what can I say...
[06:13] {lumdus} they said it was their mechanics .. it was some fcc stuff.. I don't even understand this crap
[06:13] {Threei} you won't be as forgiving if such thing happens against you, that's for sure
[06:13] {lumdus} right.
[06:14] {lumdus} the symbol was penn
[06:14] {Threei} and I gotta tell you
[06:14] {Threei} in 11 + years of trading I've never heard of this
[06:14] {Threei} fill is a fill
[06:14] {Threei} NASDAQ breaking the trades is the only legit reason
[06:14] {Threei} that may leave you with involuntary open position
[06:15] {lumdus} this is what they told me.
[06:15] {esemde} call or send NASDAQ an email....
[06:15] {lumdus} ese, right now i am happy with the money. I need the margin call gone.
[06:16] {lumdus} even if i have to wire the money in it's worth it, it's more then a 20% gain for me
[06:16] {lumdus} when magoo comes he'll high five me and tell me his horror stories.
[06:16] {Threei} yours is a horror story lum
[06:17] {Threei} no control over trade outcome with no fault of yours is a horror story
[06:17] {esemde} indeed
[06:17] {dino} 1 million + margin call a week or so ago, w/magoo
[06:18] {lumdus} my call is only 10K.
[06:18] {esemde} holly crap.........can i say that on this board holly crap...
[06:18] {BillyD} mornignRT
[06:18] {cosmo} CLWR: Clearwire and Google Collaborate to Offer Search and Communications Tools
[06:18] {cosmo} Business Wire (Tue 9:00am)
[06:19] {cosmo} 16 spike...
[06:20] {magoo} morning
[06:21] {esemde} magoo
[06:21] {dino} gotta hop, back in 30
[06:22] {Threei} billy, magoo :)
[06:22] {esemde} morning billy ...sorry missed ya there
[06:22] {BillyD} ese :)
[06:23] {Threei} wow
[06:23] {cosmo} .. but its not off the table either
[06:24] {Threei} be back in 5
[06:29] {Threei} back... world is still intact I see
[06:29] {lumdus} my account fixed. tk goodnes
[06:31] {Threei} CLWR news looks quite fluffy to me
[06:31] {Threei} unless there os some deeper meaning to it
[06:31] {cosmo} checking
[06:32] {Threei} non-shortable anyway
[06:32] {magoo} my entire watch list red
[06:33] {Threei} Bloomberg says 4 q of 2007 maybe worse earning season since great depression
[06:33] {Threei} worst
[06:33] {lumdus} surprised that C is not down more . I though I can get it for 20.00 today
[06:34] {magoo} might be pricedinb vad
[06:34] {magoo} priced
[06:37] {Threei} BIDZ, small shares long if 11 gets hit
[06:37] {Roman} watching COIN
[06:37] {Threei} stop under 10.80
[06:39] {Roman} DNDN
[06:40] {Roman} SOLF short watch
[06:43] {Roman} GOLD short watch
[06:45] {BillyD} out bidz avg +.24 thx Vad
[06:45] {Threei} welcome
[06:46] {dptl} same here ty
[06:47] {lumdus} esrx long strong i think
[06:47] {bruce} 1/2 out bidz .27
[06:48] {Roman} COIN high
[06:48] {bruce} out balance .43
[06:48] {bruce} thanx vad
[06:48] {BillyD} nice bruce
[06:48] {Threei} :)
[06:49] {bruce} lucky billy
[06:49] {bruce} good call vad
[06:49] {bruce} it had double top at .50 already so not something I would have recognized as good long candidate
[06:52] {BillyD} SEED ready to go one way or another her imo
[06:54] {bruce} hibb possible long vad?
[06:55] {Threei} not my kind... no idea
[06:55] {bruce} k
[06:59] {dino} vign s .50, vchg l .11
[06:59] {dino} vcgh
[06:59] {dino} vcgh stop .98
[06:59] {bruce} pcln dino
[07:00] {dino} vign at hod
[07:00] {Threei} *NOV BUSINESS INVENTORIES: 0.4 % V 0.4%E
[07:01] {dino} strange
[07:01] {bruce} .85 stop for vign dino?
[07:02] {BillyD} Vad, doe sit feel at all like the mkt is in quiet before the storm so to speak to capitulate....just sense something different
[07:03] {dino} y
[07:03] {dino} i'm finally hearing friends complaining about market, so must be getting bad
[07:04] {cosmo} bad for shorts, maybe
[07:04] {Threei} I wouldn't call it quiet
[07:04] {Threei} quite a turbulence
[07:05] {dino} bad for shorts?
[07:05] {cosmo} ...if it bottoms...
[07:05] {dino} oh
[07:06] {dino} -200 again patience?
[07:06] {bruce} edu dumping dino - misssed the short in it
[07:06] {Threei} NVDA .25 short if stays below .40
[07:08] {dino} vcgh stopped slippage -.20
[07:09] {dino} edu earnings, but no est. to compare w/
[07:09] {patience} not sure dino, i just sold my sds i picked up before close last night, i'm moving back to cash
[07:10] {dino} ty
[07:10] {dino} feels like -200+ coming
[07:11] {patience} i am expecting a good size correction but see it as an opportunity
[07:11] {dino} notice, i've been going long more than short lately, capits are working
[07:12] {patience} it has been great month for me, i just wish i had your skill shorting
[07:12] {magoo} back, nvda trigger yet?
[07:12] {Threei} it got invalidated
[07:12] {magoo} computer tech guy was here trying to fix some issues
[07:13] {dino} the issues are in your head magoo
[07:13] {BillyD} lol
[07:13] {dino} waiting for edu at 65.40 bruce
[07:13] {dino} sm
[07:14] {dino} missed
[07:14] {dino} took .60
[07:16] {dino} out 66.60, +1.00
[07:17] {dino} too soon
[07:17] {bruce} great timing dino
[07:17] {dino} lucky
[07:20] {bruce} rmbs short candidagte vad?
[07:20] {dino} darn vign won't move
[07:20] {Threei} questionable volume and no real following bruce
[07:20] {bruce} yes - noticed that
[07:21] {bruce} k - thanx vad
[07:21] {dino} spwr wants 100 strike
[07:27] {lumdus} we watching anything specific ?
[07:27] {dino} gme l .25, stop .97
[07:27] {cosmo} ANSV
[07:27] {dino} too soon
[07:29] {dino} vign stopped -.33
[07:31] {bruce} l gme .09
[07:32] {lumdus} coin ?
[07:35] {dino} meli sm l .51
[07:36] {magoo} ugly out there.....sigh..again
[07:36] {bruce} meli stop dino?
[07:38] {Threei} COIN looks explosive but it moves onb market bounces only
[07:38] {magoo} take the ball vad..i go whicha
[07:40] {Threei} NVDA just had to ruin setup before triggering, didn't it
[07:40] {magoo} lppking at nvda as a bounce if mkts bounce
[07:40] {magoo} looking
[07:42] {Threei} use this offer on COIN as indication for entry
[07:42] {dino} gme stopped -.28
[07:42] {Threei} 12.90 I mean
[07:42] {Threei} if it's taken
[07:42] {dino} edu holding up
[07:42] {bruce} stopped gme
[07:42] {patience} 200 dino
[07:43] {bruce} -.19 for me dino - my stop idn't fire
[07:43] {lumdus} coin long or short ?
[07:44] {magoo} careful lum
[07:44] {magoo} very dangerous
[07:44] {magoo} but long if IF eats .90
[07:44] {lumdus} hmm, i see the damm coin trade. not my taste now
[07:44] {lumdus} i'd rather more easier ones
[07:45] {Threei} lol
[07:45] {Threei} you asked about it
[07:45] {Threei} I answered
[07:45] {magoo} :)
[07:45] {bruce} what ever happened to trend trades vad?
[07:45] {magoo} thats right, it was your ? lum
[07:45] {dino} gme fast drop
[07:46] {lumdus} yes, i know. but after magood showed me the problem i chicken out. nothing wrong with that
[07:46] {bruce} you know - the ones with small pullbacks narrow spread and nice runs?
[07:46] {bruce} we almost never see them
[07:46] {Threei} those are in short supply when market emotions run high
[07:46] {bruce} glad I'm out dino - was a quick drop
[07:47] {Threei} DNDN high
[07:47] {dino} yeah, another one and i re-enter
[07:47] {bruce} k - give entry and stop for it dino
[07:48] {magoo} hate DNDN ..just my thoughts'
[07:48] {dino} 50.30ish
[07:48] {Threei} me too
[07:48] {Threei} used to be hot player
[07:48] {dino} stop .90
[07:49] {dino} if it gets there
[07:49] {dino} i like edu better tho
[07:49] {magoo} i remember vad, several days straight up into 20's
[07:49] {magoo} but no more
[07:49] {bruce} thanx dino
[07:52] {bruce} we may be getting a higher how in edu here
[07:52] {dino} y off of 68
[07:55] {magoo} if QQQ turns up hard, i like aapl for bounce..small shares as in say 300
[07:56] {magoo}
[07:56] {magoo} not in
[07:57] {Threei} NVDA worth a try long with .49 stop
[07:58] {dino} edu l 67.10 sm, wide
[07:59] {magoo} u take nvda vad? i just did
[07:59] {Threei} yes, .62
[07:59] {bruce} edu still looks short to me dino
[07:59] {magoo} .64
[08:00] {magoo} we need a major naz bar up
[08:00] {lumdus} what makes you guess we will get one ?
[08:01] {magoo} just a feel from 7 solid yrs of staring at screen
[08:01] {dptl} out nvda+.13 ty
[08:01] {Threei} half out .83
[08:01] {lumdus} cool
[08:01] {lumdus} tx magoo
[08:01] {Threei} welcome dp
[08:01] {Threei} stop to .59
[08:03] {Threei} half out COIN 13.13
[08:06] {bruce} grmn long here vad?
[08:06] {Threei} tough read...
[08:07] {Threei} nvda
[08:07] {Threei} stop to .65
[08:08] {Threei} out COIN in full .36
[08:09] {magoo} beauty
[08:09] {Threei} ah thank you... noone called me that
[08:12] {lumdus} and i was too scared to take coin .. crap
[08:13] {Threei} out NVDA in full .97
[08:13] {BillyD} gj Vad
[08:13] {Threei} ty
[08:14] {dino} nice
[08:15] {Threei} ah come on dino... both are under .60 profit, thus qualified as horrible trades
[08:17] {Threei} I like this new definition
[08:18] {esemde} have a great everyone......gotta go
[08:18] {Threei} take care ese :)
[08:19] {bruce} mgm dino
[08:20] {dino} out meli .30, +.79
[08:20] {Threei} not horrible at all
[08:20] {dino} out edu 68.50, +1.40
[08:20] {Threei} twice not horrible
[08:21] {dino} no takers i see
[08:22] {Threei} we picked nice time to exit both NVDA and COIN
[08:23] {Threei} mags
[08:23] {magoo} yeah?
[08:23] {Threei} isn't it amazing how intuition built up on years of trading works
[08:23] {dino} lndc
[08:24] {bruce} stp dino
[08:24] {Threei} there was not much in charts to call bounce,
[08:24] {Threei} market dropped more several times today in the same chart formation
[08:24] {Threei} but this time bounce just felt right
[08:24] {bruce} agreed vad - I didn't see any direction in nvda either way
[08:24] {magoo} subliminal vad
[08:24] {dino} stp watch oih
[08:25] {Threei} one thing to keep in mind about that particular trade bruce
[08:25] {Threei} it wasn't based on NVDA own chart
[08:25] {Threei} two things combined made it a valid trade:
[08:25] {Threei} 1. stron feeling of overall market bounce
[08:25] {Threei} and most important, 2:
[08:26] {Threei} very small risk as it was close to singificant support
[08:26] {dino} bruce, watch oih along w/stp, spwr, fslr
[08:26] {Threei} allowing for a very tight stop
[08:26] {Threei} you can call it risk-based setup, asupported by likely market reversal
[08:26] {dino} soon
[08:26] {bruce} got you - see the support on daily now for nvda- had overlooked it
[08:27] {dino} i suck at nvda, so not watching it
[08:27] {Threei} it changes its ways dino
[08:27] {bruce} lol - moves not big enough for your taste dino
[08:27] {Threei} readable some days, total crapshoot others
[08:29] {dino} no matter, just had enough of its pain in the past
[08:30] {Threei} yup, no read - no play
[08:30] {Threei} "no shoes, no shirt"....
[08:31] {dino} righttttt, easier ones for my screwed up mind
[08:31] {Threei} lol
[08:31] {lumdus} same here dino
[08:31] {Threei} funniest thing is, those you call easier ones would be dismissed by majority of traders off hand
[08:31] {lumdus} short klac 42.
[08:31] {dino} great minds think alike, huh lumdus
[08:31] {Threei} as absolutely untradeable
[08:32] {dino} crowd theory vad
[08:32] {Threei} eqaktly
[08:32] {lumdus} huh hu .. common klac
[08:32] {Threei} +z
[08:32] {dino} no on klac
[08:33] {dino} maybe wants -300 today patience
[08:33] {dino} i am waiting, no trades on
[08:33] {lumdus} 1/2 out klac
[08:33] {Threei} none here either
[08:34] {Threei} 3 for 3 so far, going to remain very picky
[08:34] {dino} 3 misses, 4 wins, but over daily
[08:34] {lumdus} ok, i stay picky with youyt. but klac i read it from my teaching of you 3i.. so i took it.
[08:34] {Threei} on days when emotions are that high I tend to avoid "garden variety" trades
[08:34] {lumdus} garden variety .. hmm what is that ?
[08:35] {Threei} standard setups
[08:35] {Threei} ordinary trades that on ordinary day I could do in dosens
[08:35] {Threei} dozens?
[08:35] {lumdus} ok
[08:36] {Threei} MATR ANNOUNCES PURSUIT OF STARTEGIC ALTERNATIVES, INCLUDING POSSIBLE SALE OF COMPANY- will not release guidance due to advanced stage fo initiatives
[08:36] {dino} and lum, don't pay attn to me, as i don't trade vads'. the great minds was a comment on not playing nvda
[08:37] {dino} matr, thats conforting, won't release, lol
[08:38] {Threei} "we are nehgotiating sale of the company and scared out of our mind that if we release guidance, that's where all the negotiations end"
[08:40] {dino} indeed
[08:40] {bruce} rmbs at double bottom
[08:40] {bruce} no ead on direction
[08:40] {dino} hey, remember that talk about not seeing a dividend cut, lol on citigroup, same thing a week ago, cuts in half today
[08:43] {BillyD} lost quotes??
[08:43] {magoo} good here
[08:44] {dino} what do you need?
[08:46] {Threei} Client exiting: BillyD ( [Connection reset by peer (TCP/IP connection broken)]
[08:46] {dino} spwr 100
[08:46] {Threei} looks like his whole connection went out
[08:47] {magoo} aapl bounce vad?
[08:47] {Threei} still has room down it feels
[08:47] {BillyD} yes, back for now
[08:48] {Threei} got quotes billy?
[08:48] {BillyD} not is my ISP
[08:49] {Threei} yeah
[08:49] {dptl} fine here
[08:49] {BillyD} gonna reboot modem, brb
[08:49] {Threei} AAPL
[08:49] {Threei} REMINDER: STEVE JOBS KEYNOTE ADDRESS AT MACWORLD EXPO SLATED TO BEGIN AT NOON ET- analysts are expecting introduction of an 'ultra-mini' portable computer, and possibly a video rental service as well as an software update for the iPhone.
[08:50] {Threei} no new low on this NQ drop
[08:50] {dino} edu fast fall
[08:50] {Threei} probably bounce in cards now
[08:50] {dino} edu l trig .50 sm
[08:51] {Threei} grabbed it mags?
[08:51] {magoo} missed
[08:51] {Threei} should give one more pullback
[08:52] {Threei} here it is
[08:52] {magoo} in .52
[08:53] {Threei} beautiful timing
[08:53] * dptl slaps magoo around a bit with a large trout
[08:55] {dptl} dell?
[08:55] {Threei} I am out above 174.40
[08:55] {Threei} sorry, 174.40
[08:55] {Threei} not above
[08:55] {Threei} and you beat me on entry by 8 cents
[08:56] {Threei} I hate DELL dp
[08:56] {Threei} it's a MSFT/INTC twin
[08:56] {Threei} rarely tradeable
[08:56] {dptl} i see
[08:57] {Threei} bruce... that was first not horrible trade by me on AAPL... +.80
[08:57] {magoo} out .49 here
[08:57] {Threei} wtg
[08:58] {bruce} nice- treid to get it but moved too fast on me
[08:58] {dptl} gj magoo
[08:58] {magoo} ty, nice pullbk call
[08:58] {dino} l frx .59
[08:58] {dino} gj magoo
[08:59] {BillyD} bac, see I missed a good one
[08:59] {BillyD} k
[08:59] {Threei} sorry billy
[09:00] {BillyD} it's ok, I know it's no longer they but you guys
[09:02] {bruce} frx stop?
[09:02] {bruce} .20 or so dino?
[09:04] {magoo} can jobs turnm it rgreen wqith naz help is the qurestion?
[09:05] {dino} give it room bruce, great report, beat by .21
[09:05] {bruce} k
[09:06] {dino} let me re-state bruce, keep your stop, i am giving it room
[09:08] {bruce} k - thanx
[09:08] {magoo} long nvda .55
[09:09] {dino} oih spike
[09:09] {dino} darn partial fill meli l .06
[09:10] {dino} spwr 101
[09:10] {dino} smallll
[09:14] {bruce} edu - another dive down dino
[09:14] {dino} watching it, feels like 60 coming
[09:17] {Threei} what's with FRPT?
[09:17] {Threei} I see no news
[09:17] {magoo} dunno
[09:19] {magoo} out -.05
[09:19] {magoo} naz dump
[09:20] {dino} out spwr .60, -.40, small
[09:22] {dino} brutal
[09:23] {Threei} AAPl is crazy
[09:24] {dino} frx working bruce
[09:24] {BillyD} SCON
[09:24] {bruce} yes dino
[09:25] {magoo} aapl really flying
[09:25] {magoo} unusal speed
[09:25] {bruce} do you check news before puttingon trades dino?
[09:27] {magoo} cramer says we IN the recession now
[09:27] {dino} 90% of time yes
[09:27] {dino} cyber, realmoney & yahoo
[09:27] {magoo} checks dart board ..i know
[09:27] {dino} just a click away
[09:28] {bruce} k - so you are checking to see there is no reported news disaster before entering a long in a big drop?
[09:28] {dino} yes
[09:29] {dino} we have time, my bids are usually way below
[09:29] {bruce} makes sense
[09:29] {bruce} thnx
[09:29] {bruce} are those subscriptions services?
[09:30] {dino} only realmoney...cyber/streetsmart pro is schwab
[09:30] {dino} however, the street .com real good news source too, imo
[09:31] {bruce} k - why use 3 - and they give diferent info?
[09:31] {magoo} aapol vad
[09:31] {magoo} look
[09:32] {dino} cyber is my trading acct., so right there, others because sometimes they are late.
[09:32] {bruce} have heard of the street - but not looked at it
[09:32] {bruce} k- figured so
[09:33] {bruce} edu pausing
[09:34] {Threei} SCON is toothache in the heart... looked at it around 5.20 and decided against it
[09:34] {BillyD} Iknow vad, it seem it doesn't follow thru so pass on it
[09:38] {magoo} holy crap..whjat chuck jobs do on stage..shit himself??
[09:38] {dino} lol
[09:38] {dino} end of the world as we know it magoo
[09:39] {dino} gme holding lod
[09:39] {magoo} not until weekend dino..then end
[09:40] {Threei} you promise?
[09:40] {bruce} feels like another market downdraft coming
[09:40] {magoo} oh yeah vad
[09:40] {Threei} I really have several things to finish before weekend is over if so
[09:40] {magoo} better hurry
[09:40] {magoo} although...won't matter
[09:41] {Threei} tough to do, one of them involves travel
[09:41] {Threei} in order to tell sir greenspan what I really think of him
[09:41] {magoo} nvda vad..really held well there
[09:42] {Threei} sure did
[09:42] {Threei} just want to see pronounced market recovery starting before jumping on it
[09:42] {magoo} nvda must have a nuclear shelter
[09:42] {Threei} we had too many lukewarm attempts
[09:42] {magoo} not worried about end
[09:43] {Threei} maybe it's just stupid?
[09:43] {magoo} stupid is as stupid does forest
[09:44] {magoo} i like it .38
[09:44] {magoo} stop .24
[09:44] {magoo} in
[09:46] {BillyD} SCON has way of rubbing it in Vad
[09:46] {Threei} no kidding
[09:47] {magoo} out
[09:47] {magoo} +.03 lol
[09:47] {Threei} why?
[09:47] {Threei} it held well
[09:47] {magoo} do not like naz here
[09:47] {magoo} stalking
[09:49] {dptl} ,50 nvda?
[09:50] {Threei} .39 stop
[09:52] {dptl} in .52
[09:53] {Threei} dear SCON,
[09:54] {Threei} please accept this as an acknowldgement of sincere hate
[10:00] {bruce} wow- edu dino
[10:02] {dino} y
[10:02] {dino} scor
[10:03] {Threei} should work now, dp
[10:03] {Threei} NQ shows some determination finally
[10:03] {dptl} offering .65
[10:03] {Threei} wtg
[10:04] {dptl} out ty
[10:04] {magoo} nice
[10:04] {Threei} now that it's over, if I may
[10:04] {Threei} I didn't particularly like your entry
[10:04] {Threei} see, the way NVDA trades
[10:05] {Threei} when there is no clean direction in NQ yet and you go for kind of anticipatory trade
[10:05] {Threei} NVDA tends to do several quick telepotrations up and down
[10:05] {Threei} usually not violating support yet
[10:05] {Threei} but coming fairly close to it
[10:05] {Threei} and this is the best moment to grab it if you want to be in aggressively
[10:06] {Threei} this way you won't have to endure those torturing moves
[10:06] {Threei} plus tighter stop and bigger potentil on profit side as icing on a cake
[10:06] * magoo slaps LaserDave1 around a bit with a large trout
[10:06] {Threei} noticed how after your entry it gave .44 - .45 chance couple times?
[10:08] {dptl} yes you close to stop point would be much better and easier to handle
[10:08] {dptl} i see the point
[10:08] {magoo} uh vad..lil help
[10:10] {magoo} vadddddd
[10:10] {Threei} ?
[10:10] * magoo slaps LaserDave1 around a bit with a large trout
[10:10] {Threei} ah
[10:11] * Threei slaps LaserDave1 around a bit with a large trout
[10:11] {dptl} lol
[10:23] {dino} frx stop to flat bruce
[10:26] {dino} out frx .73, +.14
[10:31] {Threei} whew... COIN finally lost support and stopped torturing me with this illusion of new run coming
[10:33] {Threei} NVDA holding above .50 on this NQ drop is shaping for another play
[10:34] {magoo} 169 area good aapl bottom vad?
[10:35] {Threei} doesn't feel good to me...
[10:35] {magoo} whats a good nvda long entry?
[10:35] {Threei} as close to .50 as it allows
[10:36] {Threei} but as usual, not on price alone
[10:37] {dino} risky, l scor .31
[10:38] {BillyD} now if we could get NVDA to dip in .50's
[10:39] {BillyD} probably too late
[10:39] {Threei} not sure
[10:39] {Threei} one more pullback NQ is probably coming
[10:39] {Threei} if not, oh well
[10:40] {Threei} just let it be
[10:40] {Threei} here is pullback NQ
[10:40] {Threei} watch how NVDA is handling it
[10:40] {Threei} if not coming in, take half lot on NQ reversal
[10:42] {Threei} AAPL mags
[10:43] {magoo} yeah??
[10:43] {dino} clms
[10:43] {Threei} interesting now
[10:43] {magoo} needs naz help
[10:44] {Threei} good panic
[10:45] {magoo} make the call
[10:45] {magoo} i'll go with u
[10:45] {magoo} need naz bounce
[10:45] {magoo} first
[10:45] {Threei} 166.50
[10:46] {Threei} or below
[10:46] {magoo} lower vad
[10:46] {Threei} but not above
[10:46] {magoo} 165.50 possible
[10:46] {Threei} 166.50finger on a trigger
[10:47] {Threei} oops
[10:47] {Threei} finger on a trigger
[10:47] {dino} scor stopped -.55 sm
[10:47] {Threei} NVDA says "whatever, I am done dropping"
[10:47] {BillyD} yeah, amazing
[10:48] {bruce} crash and burn day
[10:48] {Threei} bounce time
[10:48] {bruce} scor here dino?
[10:49] {magoo} u in?
[10:49] {magoo} i scalped already
[10:49] {Threei} idiot I am, tried for 165.30
[10:49] {magoo} too fast ,in .11 out .56
[10:49] {Threei} missed
[10:50] {magoo} lets try aghain
[10:50] {bruce} wow - your165.50 was within 9c of bottom vad
[10:51] {magoo} EXCUSE ME
[10:51] {Threei} magoo's
[10:51] {magoo} [13:46] {magoo} 165.50 possible
[10:51] {magoo} [13:47] {Threei} 166.50finger on a trigger
[10:51] {magoo} [13:47] {Threei} oops
[10:51] {magoo} he he
[10:51] {bruce} oops
[10:52] {bruce} so sory mags
[10:52] * magoo slaps bruce around a bit with a large trout
[10:52] {bruce} I deserved that
[10:52] {BillyD} Vad, NVDA no partake in bounce and now pulls back...a little confusing to me
[10:53] {Threei} it's confusing to everyone including itself
[10:53] {BillyD} lol
[10:53] {Threei} took .54
[10:53] {Threei} 5 cents stop
[10:53] {Threei} can I handle such risk?
[10:53] {magoo} patience said 300 down...might be
[10:54] {magoo} i can not vad
[10:54] {Threei} can I manage such loss?
[10:54] {magoo} i can not
[10:54] {Threei} can I live with such grief?
[10:54] {magoo} i can not
[10:54] {Threei} I will suffer alone then...
[10:55] {Threei} there... suffering mode is on
[10:55] {magoo} is it me or has the entire 08 trading year been tough everyday?
[10:55] {patience} its you magoosky
[10:55] {magoo} not saying losing, just tough to get feel
[10:55] {bruce} thats my story mags
[10:55] {Threei} yeah, we all walk the rose passage
[10:55] {bruce} and I'm sticking too it
[10:56] {magoo} now i confused
[10:56] {Threei} ok ok NVDA, I got it
[10:56] {Threei} you are in "me so confused" mode
[10:57] {magoo} u just loaded nvda?
[10:57] {Threei} .54
[10:57] {magoo} play 10k and dump for .06 cents
[11:01] {Threei} market just can't raise its head
[11:01] {dptl} stopped nvda
[11:01] {BillyD} I took NVDA .53 stopped .47,.46
[11:05] {magoo} feels like capitulation
[11:05] {BillyD} VVTV
[11:05] {magoo} throwing in the diaper,er um, towel
[11:05] {lumdus} in rimm 90.89 sto .69
[11:07] {lumdus} stop .83 i think
[11:09] {dino} nyx l .00, stop .69
[11:09] {lumdus} out rim + .40
[11:10] {dino} gj
[11:10] {lumdus} tx dino
[11:10] {magoo} diaper change Lum?
[11:10] {lumdus} huh ?
[11:10] {magoo} explaine vad
[11:11] {Threei} why would I
[11:11] {magoo} why not?
[11:17] {dino} out nyx .30, +.30
[11:17] {bruce} congrats dino
[11:18] {dino} thx
[11:18] {lumdus} nice dino
[11:19] {Threei} SOMX?
[11:19] {BillyD} SCON maybe
[11:20] {dino} somx
[11:23] {dino} no news that i see, sm s .73
[11:37] {magoo} .
[11:38] {BillyD} ?
[11:38] {dino} ba new delays 787
[11:41] {Threei} SCON, I am crying
[11:41] {BillyD} you me and the skinny lady
[11:44] {dino} somx bstop to .62
[11:45] {BillyD} maybe it's short on SCON but there is aare buyers
[11:45] {BillyD} shorts
[11:45] {magoo} no guts no glory vad {i guess}
[11:46] {BillyD} very true magoo
[11:46] {Threei} yes but no brains part worked nicely for me before
[11:46] {magoo} because u a natural
[11:46] {magoo} lol
[11:46] {Threei} and this time just failed miserably
[11:46] {magoo} we in anything, i was on phone
[11:46] {magoo} business
[11:48] {magoo} hello?
[11:49] {Threei} yes
[11:49] {Threei} we are in coma
[11:49] {magoo} symbol?coma not coming up
[11:50] {Threei} CM
[11:50] {Threei} or CMA
[11:50] {BillyD} or COMA
[11:50] {BillyD} we are bored
[11:51] {dino} somx bstop to .49
[11:52] {dino} stopped ave .51, +.22
[11:52] {magoo} vad, u usually have a feel...mkt tank or bounce strong into bell?
[11:52] {Threei} no feel
[11:53] {Threei} if I absolutely had to, I would pick down
[11:53] {Threei} but with odds like 51:49
[11:54] {dino} going for -300, then bounce 50 or 70
[11:55] {Threei} IDIX
[11:56] {Threei} another one of those crawlers
[11:56] {Threei} at no point in the day you can tell it's a safe entrey here... then at the end of the day you look and think, sheesh, where was I
[11:57] {BillyD} afterwards it looks like it ewas such a sure thing
[11:57] {BillyD} definitely a Roman type
[12:01] {Threei} IDIX daily has no resistance up to 5.60
[12:02] {dino} back in 10
[12:03] {BillyD} you play as daytrade because pullback could be to low 4'sor small swing
[12:03] {BillyD} due to it's pace
[12:04] {Threei} 51 overweighs 49 so far
[12:07] {lumdus} i am looking for a stock to go up now. help me find a good one :)
[12:08] {Threei} may I interest you in little BXMNF?
[12:09] {lumdus} ok, in bxmnf 950.07 thank you.
[12:09] {Threei} just never mind chief geologist bodies dropping out of choppers
[12:09] {dino} somx again
[12:10] {bruce} whatabout some barf?
[12:10] {bruce} barf is always good on a yr like this
[12:12] {dino} aapl lod
[12:13] {lumdus} wondering hoe low can we go.
[12:14] {bruce} we3're see a lot of trending red days dino
[12:14] {dino} nyx l .95
[12:14] {bruce} must be some way to catch that trend
[12:15] {lumdus} bruce, i am trying hard to figure it out. so far no luck
[12:15] {dino} i'm not a trend trader guys, you know that. i'm contrarian
[12:16] {lumdus} ok, dino so what do we go long on now
[12:16] {dino} see above
[12:17] {lumdus} we in stale mate now. I need to see something happening either way
[12:18] {bruce} nyx stop .50 or so?
[12:18] {dino} yes
[12:18] {bruce} k
[12:19] {magoo} 283 down
[12:20] {Threei} ALLI
[12:21] {Threei} what woodwork are those coming from
[12:25] {magoo} poering up here
[12:28] {dino} ?
[12:28] {Threei} IDIC breaking
[12:28] {Threei} IDIX
[12:28] {bruce} wotht try long vad?
[12:28] {dino} had the call -300 then +50-70\
[12:28] {Threei} nailed it right dino
[12:28] {dino} on your own w/nyx
[12:28] {bruce} well done dino
[12:29] {Threei} bruce, just letting know for thosde who can read/trade this k,ind
[12:29] {bruce} k
[12:29] {dino} around the -280--300 seems to be the max lately
[12:30] {magoo} nice dinooooooooo
[12:30] {dino} ty bruce
[12:32] {magoo} damn..missed nvda
[12:32] {magoo} anyone get that}?
[12:33] {Threei} yes... but I bought all those shares all the way up... now I am scared to sell, not sure there is anyone to buy them
[12:38] {dino} out nyx .70, +.75
[12:40] {magoo} nice hit
[12:40] {patience} very nice dino
[12:40] {magoo} not horrible
[12:40] {dino} thx patience
[12:41] {dino} enoc blood
[12:50] {dino} sats
[12:53] {dino} edu coming back
[12:53] {Threei} ETFC fast drop
[12:53] {Threei} no news that I see
[12:54] {magoo} not much time vad'
[12:54] {Threei} no
[12:54] {Threei} wouldn't go for it anyway
[12:54] {Threei} dog with fleas
[12:54] {Threei} barks sheepishly and at the wrong trees
[12:55] {magoo} eats its own poo poo
[12:55] {Threei} and sheds a lot of fur
[12:55] {magoo} chews furniture
[12:55] {Threei} and neighbors
[12:55] {Threei} which actually is not a necessary bad thing
[12:56] {Threei} SCON buying into close
[12:56] {BillyD} VAD, ETFC come up on your Capitulation alert window?
[12:56] {magoo} except whren i move next to u
[12:57] {Threei} no, on one of other windows
[12:57] {Threei} I have 14 running
[12:57] {BillyD} ok, thx
[12:57] {BillyD} you a machine
[12:58] {Threei} only when I wake up
[12:58] {Threei} which doesn't happen often
[12:59] {lumdus} stop on scon ?
[12:59] {Threei} 2 min till close?
[12:59] {lumdus} ho, out
[12:59] {lumdus} +.22 tx
[12:59] {Threei} unless you intend to carry it overnifght, jjust get out
[12:59] {lumdus} i didn't realize the damm time
[12:59] {Threei} lol
[12:59] {lumdus} i got .69 that was good
[13:00] {Threei} thank you all
[13:00] {Threei} have a good evening, see you tomorrow
[13:00] {dptl} have a good evening all
[13:00] {lumdus} yeah, if i carry anything over night i most propably get 10 margin calls.
[13:00] {BillyD} u 2
[13:00] {BillyD} bye all
[13:00] {lumdus} you too 3i
[13:00] {magoo} u in tomorrow vad he he
[13:02] {magoo} thanx all
[13:03] {dino} take care all, crazy day

Monday, January 14, 2008

January 14, 2008

Session Start: Mon Jan 14 00:00:00 2008

Session Time: Mon Jan 14 00:00:00 2008

[05:12] {Threei} {SEED} you said 12?
[05:13] {hawkfan4} very nice call vad, just sold some more :)
[05:13] {Threei} good to hear you used it hawk
[05:13] {Threei} wasn't really a call since I couldn't find an entry
[05:13] {Threei} just a general feeling
[05:14] {hawkfan4} had that look
[05:14] {Threei} totally
[05:14] {Threei} "hidden tension"
[05:15] {Threei} any news prop the market today?
[05:16] {Threei} or just expectations of a rate cut?
[05:16] {hawkfan4} think IBM earnings
[05:16] {Threei} got it, ty
[05:16] {Threei} nice, EPS 2.8 vs 2.6E
[05:32] {esemde} morning hawk jmVad
[05:32] {Threei} ese :)
[05:32] {hawkfan4} morning ese
[05:41] {esemde} TITN continues it's run from last friday....
[05:42] {cosmo} EPG:
[05:45] {Threei} ty cosmo... COIN is mentioned in it too
[05:46] {cosmo} i c
[05:49] {esemde} TITN is a recent IPO isn't it? ...up$2.00
[05:50] {Threei} 12/06 is first day of trading
[05:50] {Threei} about a month old
[05:51] {esemde} so anything could happen with it then.....dangerous
[05:51] {Threei} 01/11/08 06:02am [TITN] Reports Q3 $0.36, R $132.0M v $79M y/y
[05:51] {magoo} morning
[05:51] {esemde} magoo
[05:51] {Threei} 12/06/07 10:40am [TITN] IPO opens for trade at $9.62
[05:51] {Threei} magoo :)
[05:52] {esemde} doubled
[05:52] {Threei} mags, join us in crying over SEED?
[05:53] {Threei} (except hawk who secretly played it)
[05:53] {magoo} i am right now
[05:53] {magoo} we said 12 even remember
[05:53] {Threei} yup
[05:53] {cosmo} 12.32 pre mkt high seed
[05:55] {magoo} SEED no longer avail short vad, was few days back
[05:58] {magoo} SEED giving a decent pulllbk, tough trader tho
[06:00] {cosmo} ETFC pre mkt high = 3.35 fwiw
[06:00] {BillyD} morning sports fans
[06:00] {Threei} Billy :)
[06:01] {Threei} [09:00] {cosmo} ETFC pre mkt high = 3.35 fwiw {----- same as Friday's
[06:01] {Threei} forms resistance to break
[06:01] {cosmo} hmm
[06:01] {esemde} billy
[06:07] {dptl} good morning all
[06:07] {Threei} dp :)
[06:07] {dino} gm all
[06:07] {Threei} dino :)
[06:07] {Threei} replay doesn't work still?
[06:08] {BillyD} how do you get replay?
[06:08] {Threei} do you see comments made before you connect?
[06:08] {Threei} I don't wan t to disconnect to check
[06:08] {dptl} it works
[06:08] {Threei} OK, ty
[06:08] {magoo} it worked for me
[06:08] {Threei} fixed then
[06:08] {BillyD} yes Isee
[06:09] {BillyD} is there a command for replay
[06:11] {Threei} "/msg services replay #discussions"
[06:11] {Threei} without "
[06:11] {Threei} but you don't need it
[06:11] {Threei} it plays out automatically on your connection to the room
[06:12] {BillyD} ok
[06:12] {BillyD} so when I log on how far back does it go bacvk in time?
[06:12] {Threei} it has time limit going back, so if there was no talk over weekend let's say, you won't see anything
[06:12] {Threei} not sure of details as for how long time and how many lines
[06:13] {BillyD} ok, when I logged on it started the log from that time
[06:13] {BillyD} maybe a few minutes it seemed
[06:13] {Threei} if you want to review the past farther than replay allows, use
[06:13] {Threei} posted after market for each day
[06:14] {BillyD} yes, but that will be after todays log right
[06:14] {Threei} yes
[06:14] {BillyD} ok, thx
[06:25] {magoo} vad, whats your thoughtrs on SEED from here? open and power up to 12?then pullbk under 12, then we wait
[06:25] {Threei} lety's observe... no point in guessing, this stock is capable of deep pullbacks
[06:28] {magoo} agree, maybe better as a bounce candidate
[06:29] {magoo} solf up buck
[06:31] {cosmo} ETFC 3.35 test soon
[06:32] {dino} out gme from fri 53.87, +1.62
[06:36] {magoo} watching NVDA
[06:39] {dino} out itri fri late add .91, +.91
[06:40] {Threei} COIN
[06:40] {Threei} half lot long if .10 getting hit
[06:40] {Threei} invaliadted under 8.80
[06:41] {magoo} ugly QQQQ chart
[06:41] {Threei} what else is new
[06:41] {magoo} yeah really
[06:42] {magoo} sheesh went for .10
[06:42] {Threei} SEED half lot long if 11 scrolls
[06:42] {magoo} missed
[06:42] {magoo} was even aggressive
[06:43] {Threei} stop under 10.80
[06:43] {Roman} PAAS strong
[06:43] {Roman} CPHD
[06:44] {Roman} long super small
[06:44] {magoo} in SEED btw
[06:45] {dino} fslr crush
[06:45] {Threei} SEED over 1:1, half out
[06:45] {BillyD} same here
[06:47] {BillyD} more out at .35
[06:47] {Threei} if NQ raises its head a bit, we have a chance at bigger move on it
[06:48] {Threei} NQ is piece of you know what though
[06:49] {Threei} come on SEED, go into frenzy mode
[06:49] {BillyD} out rest +.18 ty Vad
[06:50] {Threei} welcome
[06:50] {Threei} I am still trying to squeeze more juice out of this stone
[06:50] {magoo} waiting .69
[06:50] {BillyD} it just vanishes from nowhere
[06:51] {dino} esrx
[06:51] {magoo} eats .45 i might get it
[06:51] {Threei} half out COIN .37
[06:51] {magoo} OUT
[06:51] {magoo} ty vad
[06:51] {Threei} here goes frenzy SEED
[06:52] {esemde} sowing the SEED of profit...
[06:52] {magoo} were would u look reentrey?
[06:52] {Threei} out COIN in full .60
[06:52] {magoo} i out full .69
[06:52] * magoo slaps esemde around a bit with a large trout
[06:53] {magoo} had too es lol
[06:53] {esemde} agady agady agady adady......
[06:53] {esemde} head flops back and forth
[06:54] {BillyD} gj magoo
[06:54] {magoo} u mean with slap?
[06:54] {BillyD} that too
[06:54] {dino} l esrx .50
[06:54] {magoo} still in vad?
[06:54] {dino} stop lod
[06:55] {magoo} quotes slow here..u billy?
[06:55] {BillyD} no
[06:55] {magoo} server?
[06:56] {esemde} talk about spare change......COIN
[06:56] {BillyD} 12
[06:56] {magoo} ty
[06:56] {dptl} nvda?
[06:57] {dino} stopped esrx -.40
[06:58] {Threei} out SEED 11.90 in full
[06:58] {magoo} NICE
[06:58] {BillyD} very nice
[06:58] {esemde} cool Vad
[06:59] {magoo} u been reading it well vad
[06:59] {magoo} eating 12
[06:59] {dino} esrx round 2, l .35
[06:59] {esemde} NOEC.....up 19%
[07:00] {dino} ba l .00
[07:00] {Threei} sold COIN a bit too soon but heck two volatyile thin stocks at the same time is a bit too much adrenalin rush for a Monday
[07:00] {magoo} no kidding
[07:01] {Threei} woke you all up though, didn't I
[07:01] {magoo} especially after hanging w/dino yesterday for football ganmes
[07:01] {magoo} i'm hurtin
[07:01] {Threei} lol
[07:01] {magoo} i am longtime die hard giant fan though
[07:01] {BillyD} good for you magoo...they played solid
[07:02] {magoo} u know, they played patriots awesome, then tampa too
[07:02] {BillyD} yes
[07:02] {dino} esrx stop to .79
[07:02] {magoo} i think we can take brett
[07:03] {dino} out esrx .95, +.60
[07:03] {BillyD} battle of the lines imo
[07:03] {BillyD} NY defense vs GB offense
[07:03] {BillyD} whoever wins that battle
[07:04] {Roman} DNDN alert
[07:04] {dino} out ba .30, +.30
[07:05] {Roman} long CEGE
[07:05] {Roman} if goes with DNDN
[07:05] {Roman} 2.15
[07:05] {magoo} whoever scores more might win it billy lol
[07:05] {dino} we having fun yet?
[07:07] {dptl} brcm?
[07:08] {Threei} probably dp...
[07:08] {Threei} .54 trigger, .44 stop
[07:08] {dino} l esrx .30
[07:08] {dptl} ty
[07:08] {Threei} actually...
[07:08] {Threei} .51 better, take it aggressively
[07:09] {Threei} if NQ goes and .50 gets eaten, let' try and keep tighter stop
[07:09] {Threei} there
[07:09] {dptl} in.51
[07:09] {dino} out esrx .60, +.30
[07:09] {Threei} 6 cents stop is nothing
[07:10] {Threei} and the chance is good here
[07:10] {magoo} in brcm
[07:11] {Threei} come on NQ, one more push
[07:13] {Roman} out 1/2 CPHD +.80
[07:13] {Threei} beautiful one Roman
[07:13] {Threei} BRCM, wake up
[07:14] {magoo} u thinkin brcm can eat .61 offer?
[07:14] {Threei} you thinkin I am thinkin...
[07:14] {dino} nice rfr
[07:14] {Threei} am not... just waiting for it to resolve one way or another
[07:15] {magoo} i'm confused
[07:15] {magoo} again
[07:15] {Threei} good... my work is done then :)
[07:16] {magoo} and it was job well done:)
[07:16] {Threei} why thank you :)
[07:17] {bruce} esrx againdino?
[07:17] {dino} not hard to confuse magoo
[07:17] {dino} y, wanted .60, missed
[07:18] {magoo} were allin agreement then
[07:18] {Threei} CPHD .25 Fri high
[07:18] {dino} waiting at .80 now bruce
[07:18] {bruce} k
[07:18] {bruce} w stop at?
[07:18] {dino} l gme .00
[07:19] {dino} .48
[07:19] {dino} +/-
[07:19] {Threei} move your heavy butt BRCM, will ya
[07:20] {magoo} read nvda here?same as brcm'
[07:20] {Threei} not really
[07:20] {bruce} nvda fading mags
[07:20] {magoo} ok
[07:21] {dino} fslr market disconnect
[07:21] {magoo} all solars down dino
[07:22] {dino} esrx, bruce ,maybe new support .00
[07:22] {bruce} thanx dino
[07:22] {BillyD} Vad, you thinking CPHD at .25 of holds 32?
[07:23] {Threei} Roman had nice early entry on it... not sure about break on this one billy
[07:23] {BillyD} needs to pick up pace
[07:24] {Threei} looks legitimate trade if .25 gets hit, just keep size down
[07:24] {dino} out gme .24, +.24
[07:24] {dino} esrx l .02, stop lod
[07:25] {dino} out esrx .26, +.24
[07:26] {dino} too soon
[07:26] {dino} need coffee
[07:32] {dino} new bottom .15ish
[07:32] {cosmo} ERIC hod = 24.03
[07:32] {dino} new bottom .15ish
[07:33] {dino} opps
[07:34] {cosmo} ERIC tests @ 24
[07:36] {Roman} COIN
[07:36] {Roman} CNBC
[07:37] {magoo} holy moly
[07:37] {dino} wow
[07:37] {Roman} low floter
[07:37] {Roman} float
[07:38] {dino} can't borrow
[07:38] {dptl} out brcm +.07and+.02....dont like it any more
[07:38] {cosmo} ERIC could heal on the daily chart ...if it breaks 24 with gusto
[07:38] {magoo} vads cutting his wrists with a banana over coin
[07:38] {Threei} and chewing my keyboard
[07:38] {cosmo} flavor?
[07:39] {Threei} bitter
[07:39] {dino} ba l .75
[07:39] {Threei} bittersweet
[07:39] {cosmo} its better for the heart
[07:40] {dino} bruce esrx leaving w/o me
[07:40] {magoo} IDCC went
[07:44] {magoo} IDCC news vad?
[07:44] {bruce} we'll find something else dino
[07:44] {Threei} 10:17am [IDCC] Shares raised to buy from long-term buy at a boutique firm (timing uncertain)
[07:44] {magoo} ty
[07:45] {Threei} 08:55am [IDCC] Signs Giant Electronics to worldwide 2G and 3G patent license agreement
[07:46] {Threei} CRDC, nice chart, hate how thinly it trades here
[07:47] {bruce} qcom pullback long entry here vad?
[07:47] {Threei} tough read bruce
[07:47] {Threei} not much rhyme to it today
[07:47] {bruce} k
[07:50] {Threei} NOEC is moving still, and haven't had a frenzy spikes yet... could be next subgject of interest in the group
[07:51] {dptl} etfc .30?
[07:51] {dino} interesting
[07:52] {cosmo} EPG
[07:52] {Threei} I doubt it dp... this thing needs new catalyst
[07:52] {Threei} some news
[07:52] {dptl} ok
[07:53] {bruce} coin approaching hod
[08:00] {Threei} worth a try NOEC
[08:00] {Threei} half lot .70
[08:00] {Threei} stop under .60
[08:01] {dino} out ba .99, +.24
[08:01] {Threei} if frenzy comes, will be over 8 easy
[08:01] {Threei} if not, stop is tight enough
[08:02] {dino} nile
[08:05] {dino} darn was waiting at .00
[08:07] {Threei} CRDC small shares long if .35 gives up
[08:08] {dino} got it
[08:08] {dino} .02
[08:08] {dino} out .32, +.30
[08:08] {Threei} sheesh COIN
[08:09] {dino} lucky on that fill, lol
[08:09] {dino} easy button
[08:09] {Threei} :)
[08:10] {Threei} IDCC STRENGTH ATTRIBUTED TO TAKEOVER RUMOR- MOT rumored as a potential acquirer
[08:11] {Threei} NOEC stopped
[08:17] {Threei} look at COIN high at level 1
[08:17] {BillyD} feel sorry for that guy
[08:17] {magoo} yeah..i paid that
[08:17] {BillyD} ooops
[08:17] {Threei} I think it was dino's short, he put an offer a bit out there
[08:20] {dino} :)
[08:27] {dptl} brcm again?
[08:28] {Threei} I don't have read on it
[08:28] {dptl} ok
[08:31] {esemde} as promising a s SEED was today it sure didn't match COIN...thats been amazing to watch
[08:31] {Threei} COIN was helped by CNBC
[08:32] {esemde} what did they say about it Vad
[08:33] {Threei} just highlighted a runner
[08:33] {esemde} thats it....thats IT!!!!
[08:33] {esemde} other word for it
[08:36] {dino} got nile again .10
[08:37] {dino} out .60, +.50. crazy fills
[08:37] {Threei} COIN thinks, maybe I could reach that high they posted...?
[08:40] {bruce} tgi dino
[08:41] {esemde} Long PFRT risky 16. 45
[08:41] {esemde} sorry thats PRFT....
[08:41] {dino} hmmm
[08:43] {dino} i like it, say around 63.30
[08:45] {dino} nile feels like they want the 55 strike area
[08:49] {dino} l nile .10
[08:50] {dino} crashed
[08:50] {Threei} COIN has this look of grim determination... "tyhis way or that, I'll kill a lot of you"
[08:50] {BillyD} lol
[08:51] {Threei} has warrants btw
[08:51] {Threei} COINW and COINZ
[08:51] {BillyD} and you probably won't know until your dead
[08:51] {magoo} i could stop it
[08:52] {Threei} as much as we appreciate good sacrifice mags...
[08:52] {Threei} how about you don't :)
[08:52] {BillyD} NOEC
[08:53] {BillyD} not chasing it
[08:53] {Threei} grrr
[08:53] {Threei} pullback was brutal on it though
[08:53] {BillyD} yes, I figured .50 are true stop, but even that didn't hold
[08:53] {BillyD} area
[08:54] {Threei} no... on this kind tyou either stop early or let it a lot of room
[08:54] {Threei} inbetween won't work, stop will be too big and still won't preserve tyou from being shaken out
[08:54] {Threei} EPG on the move
[08:54] {Threei} another from the same group
[08:56] {BillyD} Vad, stop at point .50 was still relatively small of .20 or so
[08:57] {esemde} gonna add to PRFT at .75
[08:57] {Threei} true... but it didn't hold anyway
[08:57] {bruce} tgi below 63.30 dino
[08:57] {Threei} in my view, it was mostly momo play, not technical
[08:57] {BillyD} gaurantee either way
[08:58] {Threei} so kind of, if momo is tere right now, good
[08:58] {Threei} if not, no play
[08:58] {BillyD} I saw as alittle of both is all
[08:59] {dino} y bruce, i'm at 62.60, doesn't feel right
[09:01] {bruce} k
[09:01] {bruce} w stop at?
[09:01] {dino} wide
[09:01] {bruce} k
[09:02] {dino} think 40 cent stop give or take
[09:03] {bruce} k
[09:03] {bruce} thanx
[09:03] {dino} :)
[09:06] {dino} nile stopped -.34
[09:10] {dino} tgi feels lower , drop to .20
[09:11] {dino} chickened out sorry
[09:11] {Threei} market battle field is covered with dead lions...
[09:11] {BillyD} roflol
[09:11] {dino} you get it bruce
[09:12] {Threei} chickens though are running around, alive and happy
[09:12] {bruce} no
[09:12] {bruce} stilllooks like itwants to drop to me dino
[09:12] {BillyD} sometimes, gotta live to fight another day
[09:12] {dino} me too
[09:14] {dino} that nile is one crazy trader
[09:16] {dino} could be double bottom bruce
[09:17] {bruce} didyou get .6 initial entry?
[09:18] {Threei} now FEED goes
[09:18] {Threei} unplayable really
[09:18] {Threei} spread jumps to 30 cents at times
[09:19] {Threei} like right now
[09:20] {dino} no
[09:20] {dino} what a spot tho, good job
[09:21] {bruce} would have worked
[09:21] {bruce} drat
[09:21] {bruce} your bottom entry was perfect
[09:21] {dino} yeah, but changed it, oh well, others will come by
[09:22] {dino} nile may have bottomed, maybe small long
[09:22] {dino} damn, there it goes
[09:22] {dino} i was at .00
[09:24] {dino} ok in sm
[09:26] {Threei} FEED opens spread to over 30 cents and asks "do you dare/"
[09:27] {dino} feeling lucky
[09:31] {bruce} gold vad - any read?
[09:32] {Threei} I could never read it honestly
[09:32] {Threei} Roman's baby
[09:32] {bruce} k
[09:33] {BillyD} HIMX solid again today
[09:35] {bruce} avb dino
[09:36] {Threei} chaeron, look dcc please
[09:36] {esemde} have a great day everyone.....
[09:36] {Threei} take care ese :)
[09:37] {bruce} bye ese
[09:38] {dino} cya es
[09:47] {bruce} cost dino
[09:48] {dino} yes
[09:49] {Threei} dp
[09:49] {Threei} aren't you glad you stayed away from ETFC
[09:49] {Threei} look at this water torture
[09:49] {dptl} ye you right
[09:50] {magoo} tell u what, im glad we waited on entry foe seed
[09:50] {Threei} if you took it at .30, you would have already dislocated your jaw with yawning, and likely harmed your chin hitting keyboard and desk with it
[09:50] {dptl} lol
[09:50] {Threei} (I know, that's how I had to buy new keyboard not once)
[09:51] {Threei} SEED got overshadowed by COIN I believe mags... if not that it would probably show more activity
[09:52] {bruce} apol continues - any read vad?
[09:52] {Threei} COIN worked as underdog that suddenly got most attention
[09:52] {Threei} chart I like bruce... this time of the day for this type of chart I don't
[09:52] {bruce} k
[09:54] {Threei} NQ spike helped it
[09:55] {Threei} SDTH
[09:55] {Threei} next agriculture play?
[09:56] {Threei} if so, didn't move much yet
[09:57] {Threei} can't tell what sector it is
[09:57] {Threei} says materials, and news are all over the place on it
[10:05] {dino} out nile .70, +.70
[10:05] {BillyD} gj dino
[10:06] {dino} ty, toughy
[10:06] {dino} taking a break, going for a walk
[10:08] {Threei} need to shake out the stress of "horrible" trade dino... I understand...
[10:09] {magoo} yeah..hes killing me vad
[10:09] {dino} more like, pressing my luck
[10:09] {Threei} hmmm... he did dcc me in the morning "I intend to kill magoo today" but I didn't think he meant it literally
[10:10] {Threei} I politely offered him help
[10:10] {magoo} :)
[10:32] {Threei} watching COIN
[10:33] {Threei} if .26 gets taken
[10:33] {Threei} half lot
[10:33] {Threei} risky as hell
[10:33] {Threei} too fast probably for entry
[10:33] {Threei} don't chase, let's wait for a new range to form
[10:36] {magoo} out .57
[10:37] {magoo} i caught your entry
[10:37] {Threei} :)
[10:38] {magoo} easy button
[10:38] {magoo} although i was skerred
[10:38] {Threei} rightly so
[10:38] {BillyD} Vad, was your stop on it kind of by feel
[10:38] {magoo} sigh..i used to be fearless
[10:39] {Threei} pretty much, yes
[10:39] {BillyD} ok
[10:39] {BillyD} NOEC again
[10:47] {hawkfan4} SEED vad
[10:48] {Threei} .32 I'd try
[10:48] {Threei} with stop under .10
[10:48] {hawkfan4} thanks, just didn't want to be secretly trading it {G}
[10:49] {dptl} lol
[10:49] {Threei} no chance, we won't forgive you for the last time anyway
[10:49] {hawkfan4} :)
[10:51] {Threei} chickened out with .75 entry COIN
[10:52] {Threei} maybe it's Monday... hard to find a lot of guts in myself
[10:52] {BillyD} you weren't shy at &;30 AM
[10:52] {BillyD} 7:30
[10:52] {Threei} I was deeply asleep
[10:53] {BillyD} lol
[10:53] {Threei} easy to be brave in your sleep
[10:53] {BillyD} you had 2 off the bat
[10:53] {Threei} yeah... then I woke up and thought jeez...
[10:53] {dino} nile
[10:56] {dptl} sndk?
[10:57] {Threei} SNDK is one of those I lose on 9 out of 10
[10:57] {Threei} and 1 I win feels like someone's mercy
[10:57] {dptl} i see..:)
[10:57] {Threei} "let's throw him one just so he doesn't cry"
[10:58] {Threei} just not my type I guess
[11:05] {Roman} long IDIS
[11:05] {Roman} IDIX
[11:05] {Roman} 4.18 small
[11:07] {magoo} boy SEED is nasty..not in..but looked good and down
[11:07] {Threei} this agri mania doesn't feel very sustainable at this point
[11:07] {Threei} unlike solar one at its early stages when I said it's here tp stay with us for a while,
[11:08] {Threei} on agri one I am not as enthusiastic, at least at this point
[11:10] {patience} vad, i have been swinging Potash, Agrium and Monsanto since sept 2006. I umbrella trade them.....
[11:11] {Threei} that's one hell of a time frame... :)
[11:11] {Threei} kind of in invetsment reality, not trading
[11:11] {patience} i have core position, then swing trade in and out, they give great momo at times.
[11:12] {Threei} MON has tripled since then
[11:13] {patience} all the ags have done well and will for some time i believe
[11:14] {dino} ethanol issue doing it imo
[11:30] {bruce} usna dino - thin thin thin
[11:35] {dino} dk ,big gap to fill
[11:36] {dino} nile sm l .80
[11:40] {bruce} possible long break in cost here - any read vad?
[11:41] {Threei} hmm
[11:41] {bruce} well spoken
[11:41] {dino} tleo swing fri, out .48 ave +.58
[11:41] {Threei} lol
[11:41] {Threei} dunno bruce... not looking compelling
[11:42] {bruce} k
[11:42] {Threei} one of those you know... may work, may not, and I simply have no preference one way or another'
[11:43] {bruce} I like compelling
[11:49] {bruce} teva short? - looks weak
[11:50] {dino} dk, news is good, but down
[11:50] {dino} drug aproval
[11:51] {bruce} thats good news for sure
[11:51] {Threei} TEVA's approvals usually don't matter
[11:51] {bruce} I need a new drug
[11:51] {Threei} different dosage, stuff like that
[11:52] {dino} ok
[11:52] {dino} hughie lewis
[11:52] {bruce} esrx longsetup here vad
[11:53] {Threei} if holding above .35 on pullback
[11:57] {dptl} in esrx .51
[11:57] {dptl} sorry .53
[11:59] {dino} you're excused
[12:01] {dino} back in 10
[12:01] {bruce} esrx stop to .40
[12:13] {Threei} had enough of chinese torture yet?
[12:13] {bruce} give esrx a kick w those boots of yours vad
[12:13] {Threei} holding well, given NQ retreat but sheesh
[12:13] {dptl} it;s nuts
[12:13] {Threei} there
[12:13] {Threei} your chance
[12:14] {Threei} gotta be quixck to exit on teleporting up
[12:14] {Threei} saw this .59..60 lucky moment?
[12:14] {bruce} out w .05 c
[12:14] {bruce} don't like the damn haesitation
[12:18] {dptl} out.58....54
[12:18] {dptl} lol
[12:19] {Threei} better than poke in the eye
[12:19] {dino} w/a stick
[12:20] {bruce} and now it goes - figures
[12:23] {Threei} watching SEED
[12:24] {Threei} quick selling under 10, may provide bounce to scalp
[12:24] {magoo} let me know if u go
[12:24] {Threei} slow still
[12:24] {Threei} don't want to jump in unless I see panic
[12:24] {magoo} right
[12:24] {magoo} could easily see 9.50 arewa
[12:29] {Threei} OK, let's see real dump now
[12:30] {magoo} naz going up as this dumps
[12:31] {Threei} it's not a follower
[12:31] {Threei} fresh momo play
[12:33] {magoo} yep
[12:33] {magoo} yes
[12:33] {magoo} yeah
[12:34] {dino} biib
[12:35] {Threei} no volume, posting just in case it finds following:
[12:35] {Threei} QEPC REPORTS Q3 $0.22 V $0.10 Y/Y; R$54.6M, UP FROM $54.3M YEAR AGO
[12:36] {dino} approval chrons disease
[12:37] {dino} sm biib l .70
[12:39] {Threei} wierdo eh
[12:40] {dino} out biib .10, +.40
[12:41] {Threei} [15:40] {dino} horrible ttrade
[12:41] {bruce} nice - oughone to play dino
[12:41] {dino} ty
[12:42] {bruce} vad - be sure to warn me when you are callinga 60c + trade today
[12:42] {bruce} esrx is up 60c dp
[12:42] {bruce} geesh
[12:42] {dino} vad, the heckler i see
[12:43] {Threei} there you go bruce:
[12:43] {Threei} [09:42] {Threei} SEED half lot long if 11 scrolls
[12:43] {bruce} you didn't csall it vadster
[12:43] {Threei} [09:58] {Threei} out SEED 11.90 in full
[12:44] {bruce} thats past history vad
[12:44] {bruce} we'll be nice and give you credit for it though
[12:45] {Threei} ah thank you
[12:45] {bruce} welcome
[12:45] {bruce} mags wants 2 more though
[12:46] {bruce} I'm not greedy - will settle for justone more
[12:46] {magoo} only if we win on both
[12:47] {bruce} thas a given mags
[12:49] {bruce} damnn you esrx
[12:49] {Threei} SEED neithere here nor there
[12:49] {bruce} it's vads fault
[12:49] {bruce} he kicked it way too late
[12:53] {bruce} onxx any read vad?
[12:54] {Threei} 7 min till close?
[12:54] {Threei} resounding no
[12:54] {bruce} geesh -
[12:55] {bruce} no kidding
[12:55] {Threei} SEED finally comes to where we wanted it but a bit too late
[12:55] {bruce} lost track of time
[12:55] {magoo} .50 area vad
[12:55] {Threei} for a quick "scalp or get scalped"
[12:59] {dino} calling it a day, thx for ideas
[12:59] {Threei} thank you all
[12:59] {dino} take care all
[12:59] {Threei} have a good evening, see you tomorrow
[12:59] {BillyD} bye all
[12:59] {dptl} have a good evening all
[12:59] {magoo} ty vad, everyone..c u tomorrow
[13:00] {bruce} bye all

Friday, January 11, 2008

January 11, 2008

Session Start: Fri Jan 11 00:00:00 2008

Session Time: Fri Jan 11 00:00:00 2008

[05:16] {esemde} knock knock....anybody home...can't believe i'm up this early
[05:19] {Threei} good morning
[05:19] {Threei} you are not alone :)
[05:20] {esemde} morning Vad
[05:20] {Threei} SOLF
[05:20] {Threei} - Solarfun also announced a reduction in expectations for polysilicon supply from Jiangsu Zhongneng PV Technology Development Co., Ltd., or Zhongneng, to its 52% subsidiary, Jiangsu Yangguang Solar Technology Co. Ltd. , or Yangguang Solar
[05:20] {patience} morning guys
[05:20] {Threei} patience :)
[05:20] {esemde} Vad dcc please
[05:21] {Threei} yes sir
[05:26] {Threei} CSUN
[05:26] {Threei} ESTABLISHES EUROPEAN SALES AND MARKETING BRANCH IN MUNICH, GERMANY- "This location makes the most administrative and strategic sense for China Sunergy with regards to servicing the entire European region," said VP of sales.
[05:27] {Threei} barrage of news in solar sector often meant nice sunny day
[05:27] {BillyD} mornig Vad :)
[05:27] {Threei} just need market to start cooperating patterns wise
[05:27] {Threei} Billy :)
[05:28] {esemde} billy
[05:28] {BillyD} ese:)
[05:30] {Threei} NOV IMPORT PRICE INDEX M/M: 0.0% V 0.1%E
[05:30] {Threei} *(CA) NOV INTL MERCHANDISE TRADE: C$3.7B V C$3.3BE
[05:30] {Threei} *NOV TRADE BALANCE: -63.1$ V -$59.5BE
[05:43] {BillyD} don't see anything real hot so far
[05:43] {BillyD} SOLF and AKNS a gap
[05:44] {Threei} I'd think, market will show signs of life a bit later, as it did last couple days
[05:44] {cosmo} JNPR losing their COO to MSFT
[05:45] {Threei} am I lucky this morning or what
[05:45] {Threei} total stranger qwrites to me:
[05:45] {Threei} You are interesting and special man and I chose you to become my life's companion.
[05:45] {cosmo} gee..
[05:46] {Threei} and this is on top of all the nigerian luck
[05:46] {BillyD} lol
[05:46] {Threei} oh, wait... it's not one-sidedly decided deal, I still have a word in the matter:
[05:47] {Threei} If you decide to choose me too, you can find me here everytime (url)
[05:47] {BillyD} cyber companion
[05:47] {Threei} at first it sounded like noone asked my iopinion
[05:51] {dino} gm all
[05:52] {Threei} dino :)
[05:53] {Threei} IDIX got upgrade
[05:57] {dino} careful
[05:58] {Threei} ?
[06:00] {dptl} good morning all
[06:00] {Threei} dp :)
[06:03] {esemde} dp....enought wind over there on the mainland for you...been crazy over here
[06:04] {dptl} ye but its fine now
[06:04] {esemde} same......
[06:05] {magoo} morning
[06:07] {Threei} magoo :)
[06:09] {magoo} something wrong with replay vad, or are we it ?
[06:10] {Threei} let me check
[06:10] {magoo} also,did u enable arca today?
[06:10] {Threei} yeah, no replay
[06:10] {Threei} will ask admin to inquire
[06:11] {magoo} how about arca today, u enable it?
[06:12] {Threei} for now, yes
[06:12] {Threei} if it starts misbehaving, will cut its head off for a few days, just like that EDGA/EDGX
[06:12] {Threei} they have systemwide problem
[06:14] {dino} cadx
[06:14] {Threei} IDIX, if pulls back to around 3.50 will be inetresting for wentry
[06:14] {Threei} otherwise, consolidation and break
[06:15] {Threei} CADX trial did not meet endpoint
[06:15] {Threei} [CADX] Cadence Pharmaceuticals Announces results of two Phase III clinical trials of Acetavance
[06:15] {Threei} - One trial did not meet its primary endpoint of demonstrating a statistically significant reduction in patient pain intensity levels over 48 hours compared to placebo, following abdominal gynecologic surgery. However, the same study successfully achieved several secondary endpoints, including pain relief, global patient satisfaction and time to rescue medication.
[06:15] {Threei} - Company also announced its Phase III clinical
[06:15] {Threei} trial of Acetavance for fever successfully met the primary endpoint, demonstrating a statistically significant reduction of fever over six hours compared to placebo.
[06:15] {Threei} - Acetavance demonstrated a safety profile in both of these clinical trials that was no different than placebo, including the evaluation of eight doses over a 48-hour period.
[06:16] {esemde} AKNS making those higher lows in premarket....bstop at 11.31 might be in order
[06:22] {magoo} SOLF gapper vad...but boy its been tough lately
[06:22] {Threei} had news mags
[06:22] {magoo} really, been dpoing 1 s[ike push and then down rest of day
[06:22] {Threei} [08:20] {Threei} SOLF
[06:22] {Threei} [08:20] {Threei} - Solarfun also announced a reduction in expectations for polysilicon supply from Jiangsu Zhongneng PV Technology Development Co., Ltd., or Zhongneng, to its 52% subsidiary, Jiangsu Yangguang Solar Technology Co. Ltd
[06:22] {dino} follow the oih on your solar picks guys
[06:22] {Threei} you tracked to correlation dino?
[06:22] {Threei} to = the
[06:23] {esemde} what does oih mean dino
[06:23] {dino} wait about 30, then watch, oih been leading spwr and fslr
[06:24] {magoo} maybe CSIQ follow again..watching both
[06:25] {dino} oil service holders
[06:26] {dino} solars runnning up w/ oil, down w/oil
[06:26] {esemde} tks
[06:26] {Threei} wouldn't it be logical to expect inverse relation?
[06:27] {dino} oil gets expensive, solars go up
[06:27] {Threei} right
[06:27] {cosmo} RFMD
[06:27] {cosmo} testing to heal.... imo
[06:27] {dino} the oih has lost 10 opts 5 days, whats going on w/solars
[06:28] {Threei} sorry, my brain is either still on vacation or in search for coffee
[06:28] {dino} down huge
[06:29] {dino} usna
[06:29] {magoo} I need a cofee he he
[06:29] {Threei} oil goes back to 30 (can we dream?) who needs solar
[06:30] {dino} bingo
[06:30] {dino} put it in a warehouse for 5 years
[06:30] {Threei} although if we were smart (another questionable proposition), we would press ahead with alternative energy nonetheless
[06:31] {dino} getting deep again
[06:32] {magoo} solf is 1 nasty trader..not in
[06:32] {Threei} IDIX over yesterday's high
[06:32] {Threei} would like to see a pullback, define range... then go for a break
[06:33] {dino} usna not avail. cyber
[06:33] {Threei} ETFC... 3 is long trigger with .84 stop
[06:34] {Threei} daytrade, not a scalp for me
[06:34] {magoo} dog correct?
[06:34] {Threei} aren't they all
[06:34] {magoo} in bow wow
[06:34] {Threei} but I bet my purity, this dog will bite today
[06:35] {Threei} (quite safe bet on my part don't you think)
[06:35] {magoo} DL?
[06:35] {Threei} with 16 cents stop, yes
[06:36] {Threei} OK IDIX... 4.20 break long if stays above 4.10
[06:36] {Threei} Roman had very nice early entry on it... any insight now?
[06:36] {magoo} vad..mkt struggling keep in mind..
[06:37] {Threei} that's why I stay away from followers for now
[06:37] {Threei} neither ETFC or IDIX are
[06:37] {magoo} ok..just trying to help insight
[06:38] {Threei} much appreciated
[06:38] {Roman} GOLF radar
[06:38] {Roman} GOLD
[06:38] {Threei} whew
[06:38] {Threei} I got scared for a sec Roman goes all hedonistic on us
[06:39] {dino} rather be golfing
[06:39] {Threei} "you guys trade all you want, I am eyeing green field"
[06:39] {dptl} half out .15 etfc
[06:39] {Threei} ETFC 1:1 for you stinkin scalpers
[06:39] {bruce} lol - and you're not vad?
[06:40] {Threei} can I pretend for a min?
[06:40] {bruce} k
[06:40] {Roman} ALTH
[06:40] {Roman} long
[06:40] * bruce slaps Threei around a bit with a large trout
[06:40] {magoo} out .17 NICE vad
[06:40] {Threei} what, my minute is over?
[06:40] {bruce} now you stink
[06:40] {Threei} in full mags?
[06:40] {Threei} or kept 1 lot?
[06:41] {magoo} dl
[06:41] {Threei} IDIX triggering
[06:42] {Threei} offering half ETFC .25 with stop .19
[06:42] {Threei} second half is for hold still
[06:42] {Threei} [09:34] {Threei} daytrade, not a scalp for me
[06:42] {magoo} ok, i may reload a pullbk
[06:43] {dino} meli sm l .64 wide
[06:43] {Threei} hit
[06:43] {Threei} ok, second half stop 2.99
[06:43] {Threei} letting it trade
[06:43] {magoo} idix a scalp?
[06:43] {magoo} or daytrade?
[06:44] {Threei} good question
[06:44] {Threei} will try to offer half into spike over .30
[06:44] {BillyD} that is my strategy
[06:44] {Threei} and make up my mind about the rest watching how it behaves
[06:45] {Threei} it's a fluid situation
[06:45] {Threei} stop to 4.12 for now
[06:45] {magoo} CELG nice move
[06:45] {magoo} news?
[06:46] {Threei} not today
[06:46] {Threei} had a nice guidance on 01/06
[06:46] {magoo} where is a good reentry ETFC?
[06:46] {Threei} I see nothing fresh since then
[06:47] {magoo} mkt down 139
[06:47] {lumdus} gm all
[06:47] {Threei} chart wise 3.10,
[06:47] {Threei} but it tends to pull back a bit deeper than charts say
[06:47] {Threei} lum :)
[06:47] {magoo} ok
[06:48] {Threei} with these overly thick ones level 2 is not of much help
[06:48] {magoo} crayola q again {odd..not}
[06:48] {Threei} on normal stock, you go off chart and use Level 2 to tune up your entry
[06:49] {Threei} but this kind has too many bids and offers to allow any distinction between strength/weakness at particular price level
[06:50] {Threei} market goes green soon
[06:50] {Threei} can I bet my purity second time?
[06:50] {Threei} not much risk by me anyway
[06:52] {Threei} SEED, is today the day?
[06:52] {BillyD} straight up
[06:52] {dino} out 1/2 nnds from overnight .10, +.81
[06:52] {Threei} nice hold
[06:52] {dino} lucky
[06:54] {Threei} lum
[06:54] {dino} out meli .00, +.36
[06:54] {Threei} extremely good move on your part to skip yesterday
[06:54] {Threei} market stunk
[06:54] {Threei} I stunk
[06:54] {Threei} trades stunk
[06:54] {lumdus} oh, thought you going to tell me you made enough for the year.
[06:55] {Threei} that was my first thought
[06:55] {dino} we are opposits 3i
[06:55] {Threei} then I found no extreme meanness in myself this morning
[06:55] {dino} remainder nnds out .10
[06:55] {magoo} i stunk yesterday
[06:56] {magoo} but vad called me a stinker today too
[06:56] {BillyD} smelly day
[06:56] {dino} this is dino's market. best week since november
[06:56] {Threei} that's just my usual routine mags
[06:56] {magoo} grmn bounce candidate?
[06:56] {magoo} 79.40ish high yesterday
[06:56] {Threei} overall yes
[06:56] {magoo} mkt down still tho
[06:57] {dino} market wants -200
[06:57] {Threei} but not sure about exact point
[06:57] {Threei} and I lost NQ quotes
[06:57] {dptl} stop etfc now?
[06:58] {dptl} for the balance
[06:58] {Threei} 3.04
[06:58] {dptl} ty
[06:58] {magoo} quotes here ok..imagine that..usually me
[06:58] {Threei} since it's a longer time frame trade I do not trail it aggressively, giving it breathing room
[06:59] {Threei} qutes back, mags, just switched the server
[06:59] {magoo} smart..u got an overall feel up..avoid rinse
[06:59] {Threei} SEED is so ready
[07:01] {dptl} sold a bit more .32 etfc holding still small
[07:02] {Threei} offering 1/4 more ETFC .41
[07:03] {magoo} watching grmn for bounce
[07:03] {magoo} need mkt help
[07:04] {Threei} stinkin IDIX stopped
[07:04] {magoo} half when i go
[07:04] {magoo} if IF i go\
[07:05] {dino} sbcf
[07:05] {Threei} CPHD is bruce type trade
[07:05] {magoo} yesterday grmn followed q pretty well
[07:05] {magoo} maybe today..who knows
[07:06] {magoo} hey CPHD avail short..just a consideration
[07:06] {magoo} but strong
[07:08] {Threei} some following seems to be there mags
[07:08] {Threei} not exact but still
[07:08] {magoo} need a naz spike
[07:09] {Threei} and naz is not providing one too willingly
[07:09] {esemde} does akns look like a bounce buy per chance
[07:09] {dino} meli ugh
[07:10] {Threei} tough read ese
[07:10] {Threei} 11 looks like valid trigger with .84 stop
[07:10] {Threei} but it's not an easy read by any means
[07:10] {lumdus} cphd break we take ?
[07:10] {Threei} swee, normally you would want axctual break of 11 for this kind of trade
[07:10] {esemde} think i'm gonna go half lot ...if market improves
[07:11] {Threei} but if it does break, there are just no offers for a reasonable entry
[07:11] {esemde} true
[07:11] {Threei} what I would do if I wanted it badly:
[07:11] {Threei} limit entry 11.02
[07:11] {Threei} if it breaks 11, bid there and either they sell it to you or let it be
[07:12] {esemde} tks
[07:12] {magoo} l grmn
[07:12] {magoo} .75
[07:12] {Threei} CPHD is near impossible to regulate risk lum
[07:12] {dino} gme l .50
[07:13] {Threei} it can teleport 50 cents on you
[07:13] {lumdus} oh really ouch .
[07:13] {dptl} out .18 the rest etfc....ty
[07:13] {BillyD} gj dp
[07:13] {Threei} look at 10:01 and 10:05 bars
[07:13] {Threei} welcome dp, you played it very well
[07:14] {dino} gj dp
[07:14] {dptl} ty
[07:14] {Threei} stop to 3.09 ETFC
[07:15] {Threei} enough games, these pullbacks on it are gut-wrenching
[07:15] {Threei} out
[07:15] {magoo} man..naz fakeout
[07:15] {BillyD} wanted SEED on last pullback but couldn't be convinced on entry
[07:16] {Threei} sorry Billy, all I could provide on SEED is very general read over last few days
[07:16] {Threei} near impossible to nail an entry on intraday basis
[07:16] {BillyD} yeah.....and will need to breathe thru deep pullbacks no matter it seems
[07:17] {Threei} this kind of plays is Roman's territory, he gets them early or on big pullbacks
[07:20] {dino} out gme .74, +.24
[07:20] {Threei} lum, watched CPHD?
[07:20] {magoo} my arca quotes still bad
[07:21] {Threei} see why I am so hesitant on it?
[07:21] {lumdus} yeah, very wacky one
[07:21] {Threei} 10:18 bar, down 50 cents on volume 3900 shares
[07:22] {bruce} plce dino
[07:23] {esemde} AKNS long half lot 11.02
[07:23] {dino} dk retailers?
[07:24] {bruce} etfc was less than .60 c vad
[07:25] {bruce} unfortunately we caqn't count it
[07:25] {Threei} we can - as a horrible trade
[07:25] {bruce} k
[07:25] {bruce} lol
[07:25] {magoo} can't get any mkt luv for grmn trade..hl
[07:26] {Threei} SEED heard my "11-12" forecast
[07:26] {bruce} nvda short?
[07:26] {Threei} no read NVDA
[07:27] {bruce} k
[07:27] {BillyD} you in SEED Vad
[07:28] {esemde} AKNS stop to 11.00
[07:28] {dino} crai
[07:31] {magoo} jaso up 4 today
[07:31] {bruce} crai is thinner than twiggy dino
[07:32] {esemde} thinner twiggy......hahahah good one
[07:32] {dino} lol
[07:32] {dino} you don't like the thin ones?, :)
[07:32] {Threei} not anymore billy
[07:32] {esemde} keep them entertainment jokes comin....i can understand those
[07:33] {bruce} looks easy to lose 1
[07:33] {bruce} 1$
[07:33] {Threei} - Says that in his opinion, the Fed has not fallen behind the curve on rate cuts
[07:33] {dino} -250 coming
[07:34] {dino} fallen behind, i think they've been run over
[07:34] {magoo} mean mkt
[07:34] {magoo} and thats polite
[07:34] {Threei} nice one AKNS ese
[07:34] {BillyD} not doing much here at all
[07:34] {Threei} you got your feel per that scenario?
[07:35] {Threei} fill
[07:35] {magoo} any play on seed vad..i mean..
[07:35] {lumdus} mean market is right magoo
[07:35] {Threei} not by technical mags... "frenzy" type of play
[07:35] {Threei} you know what I mean
[07:36] {magoo} yes, were pullbk entry?.9.50 area?
[07:36] {dino} crai left w/o us
[07:36] {Threei} that would be technical magoo... and this one does not obey them
[07:37] {Threei} NVDA .31
[07:37] {bruce} leery of longs now dino
[07:37] {Threei} long
[07:37] {magoo} afraid to hit say me on that another day
[07:37] {BillyD} gotta watch SEED for the pullback slow pause then and hit the very beginning of next little frenzy
[07:37] {Threei} stop .19
[07:38] {magoo} in nvda
[07:38] {Threei} didn't trigger yet
[07:38] {magoo} sure .30?
[07:38] {magoo} oops
[07:38] {magoo} .31
[07:38] {magoo} man - o- man
[07:40] {esemde} anybody have the feeling the market is going to make a big comeback today......just a feeling you's sold down for sure but not hard
[07:40] {Threei} I do
[07:41] {esemde} what Vad....can't explain mine
[07:41] {esemde} thats why....
[07:41] {dptl} still valid nvda?
[07:41] {Threei} yes
[07:41] {magoo} wish big ben would surprise right NOW and crush shorts
[07:42] {Threei} 1:1 NVDA
[07:42] {dptl} out ty
[07:42] {Threei} :)
[07:42] {dino} ceco
[07:42] {BillyD} wtg dp, you been scalping well
[07:43] {dptl} ty
[07:44] {dino} ceph
[07:45] {esemde} still curious to know why you feel market is coming back today Vad....I have no reason for my feeling just a feeling
[07:45] {magoo} com'n power up
[07:45] {Threei} just a feeling... hard to analyse it
[07:46] {magoo} subliminal
[07:46] {Threei} down became too easy and too obvious
[07:46] {Threei} CSUN??
[07:46] {esemde} tks...i;m likin my AKNS trade up .47
[07:47] {BillyD} nice ese
[07:47] {Threei} can't blame you for liking it :)
[07:47] {esemde} out AKNS.55 +.53
[07:47] {Threei} CSIQ small shares long as close to 23 as possible
[07:47] {dptl} nice ese
[07:47] {Threei} not a scalp
[07:48] {magoo} u in or out nvda vad?
[07:48] {Threei} out, just a scalp
[07:48] {magoo} ok
[07:49] {dino} ceco l .00
[07:50] {esemde} tks dp
[07:53] {esemde} SEED
[07:54] {esemde} COIN heres another one of those agricultural stocks
[07:57] {magoo} out nvda .46 TY
[07:57] {Threei} whew... welcome
[07:57] {Threei} you are scaring me :)
[07:58] {bruce} ceco stop .80 or so dino?
[07:58] {dino} .73 for me
[07:59] {bruce} k
[07:59] {dino} ceph l trig .50 imo, fast drop
[07:59] {magoo} stropped grmn
[08:00] {Threei} in CSIQ .15-.16, stop under 23
[08:00] {dino} llnw
[08:02] {dino} high end of guidance too, just issued
[08:02] {dino} ceph l .50
[08:04] {Threei} stopped CSIQ
[08:04] {dino} out ceph .84, +.30
[08:04] {lumdus} hoof
[08:04] {dino} .34
[08:04] {lumdus} was just about to get into csiq
[08:04] {BillyD} Overall mkt makes or breaks these plays huh Vad
[08:04] {magoo} me three
[08:04] {Threei} yup
[08:04] {BillyD} they look good.....mkt drops people follow
[08:05] {dino} tighten ceco to .84, won't move
[08:06] {bruce} thanx - just had same idea dino
[08:06] {dino} ugh ceph
[08:07] {dino} np
[08:07] {dino} you get ceph?
[08:07] {bruce} no
[08:07] {dino} bummer
[08:08] {dino} itri
[08:08] {magoo} why fight it...? we should have shorted ytops
[08:08] {bruce} it was a nice one
[08:09] {magoo} nvda should bounce again
[08:09] {bruce} agreed mags
[08:09] {magoo} end of world this weekend bruce
[08:09] {bruce} we may get up later but looks like we'll get more down first
[08:10] {bruce} I like it short at moment
[08:10] {dino} trade in the present
[08:12] {magoo} read on SOLF lord vader?
[08:12] {Threei} none
[08:13] {bruce} doing that dino
[08:13] {bruce} plce looks long if beaks .75
[08:13] {dino} agree
[08:14] {magoo} mkts will never ever be green again
[08:14] {magoo} EVER
[08:14] {bruce} never
[08:14] {bruce} ever
[08:14] {bruce} ever
[08:14] {bruce} ever
[08:14] {bruce} mags
[08:14] {magoo} actually, u would think shorts would cover before weekend
[08:14] {bruce} short it all NOW!
[08:15] {bruce} lol
[08:15] {Threei} well... anyone's up to a bet we close green?
[08:15] {bruce} wishy washy
[08:15] {Threei} my wager is 2 mongol tougricks
[08:15] {magoo} ok
[08:15] {magoo} thro in a camel??
[08:16] {Threei} nope
[08:16] {magoo} how about pack of camels?
[08:16] {Threei} I'll need it to negotiate the dessert on my way to a cave if I lose
[08:16] {bruce} llahma's?
[08:18] {dino} pwrd
[08:18] {bruce} tho0ught you was laready trading from a cave vad
[08:18] {magoo} hes out on a vodka run
[08:18] {magoo} ran out
[08:18] {Threei} magoo got it
[08:19] {Threei} {SEED} 11 you said?
[08:20] {magoo} do we get in?
[08:20] {magoo} 10.25?
[08:20] {magoo} 10.67?
[08:21] {magoo} bruce method??
[08:21] {Threei} read my previous comment on it
[08:21] {magoo} i can't read
[08:21] {Threei} ah
[08:21] {dino} sm wide l itri .60
[08:23] {dino} mtrx strong again
[08:23] * bruce slaps magoo around a bit with a large trout
[08:24] {dino} ceco stopped .86, -.14
[08:27] {bruce} yep .85 for me
[08:31] {dino} good stop, better others
[08:31] {dino} you get itri?
[08:31] {magoo} [11:14] {bruce} short it all NOW
[08:31] {magoo} nvda worth shot vad}?
[08:32] {Threei} not sure... wierd lag
[08:32] {Threei} way too long for my comfort
[08:32] {magoo} ok..its your banana
[08:32] {dino} out itri .40, +.80
[08:32] {lumdus} looks like reversal happening. banking sector strong
[08:32] {Threei} usually if it follows it follows way quicker
[08:33] {magoo} good insight
[08:33] {lumdus} magoo, let's get some trading in ..
[08:34] {dino} bruce, no to itri?
[08:34] {Threei} NVDA starts looking to me like short on market retreat
[08:34] {Threei} tight stop, .35
[08:35] {lumdus} man, this market is damm choppy
[08:35] {lumdus} was like this yesterday also ?
[08:35] {Threei} it's nothing vs yesterday lum
[08:35] {lumdus} happy i was away.
[08:36] {dino} so were we, :)
[08:36] {Threei} lol
[08:36] {dino} bustin' ya
[08:36] {Threei} short NVDA half lot
[08:36] {dino} taking a break 4/5
[08:36] {lumdus} stop ?
[08:37] {Threei} [11:34] {Threei} NVDA starts looking to me like short on market retreat
[08:37] {Threei} [11:34] {Threei} tight stop, .35
[08:38] {Threei} 1:1 in a hurry
[08:40] {Threei} half out
[08:40] {Threei} stop to .21
[08:41] {magoo} ok lum..this is what i am looking for
[08:41] {magoo} if IF the markets bounce hard
[08:41] {lumdus} what a good trade. yeah, nice to have one
[08:41] {magoo} half lot long grmn
[08:42] {magoo} BUT..wicked u must keep the stop at .50 cents
[08:42] {magoo} could kill
[08:42] {magoo} on other side..if mkts go green may get multi points
[08:43] {magoo} i'll call my entry but u must keep the stop
[08:43] {magoo} may not even setup
[08:43] {magoo} i looking for recovery in mkts
[08:44] {lumdus} damm, i scalped xmsr .. the only i shouldn't have
[08:49] {Threei} stop to .16 NVDA
[08:50] {dino} gme l .50
[08:50] {BillyD} IDIX hangs around
[08:52] {Threei} ETFC too
[08:52] {magoo} nice read nvda vad...its your baby
[08:53] {Threei} not always obeying one... but little spanking goes a long way
[08:55] {Threei} time to lose that 27
[08:56] * Threei shows NVDA 2x4 endowed with rusty nails behind his back
[08:56] {BillyD} ETFC may be worth a shot if takes .25
[08:59] {esemde} thinkin long AKNS againaround .45
[08:59] {esemde} looks like a repeat of the morning setup
[09:00] {lumdus} damm xmsr wiped me out and ran like hell
[09:00] {dino} xmsr
[09:00] {BillyD} if INET lags we'll have no L2 on alot stocks
[09:00] {esemde} i was watching that lum.....where were you in
[09:01] {lumdus} ese i got out 11.07
[09:03] {esemde} damn....look at that jump
[09:03] {dptl} etfc .25?
[09:03] {Threei} no read, sorry
[09:03] {BillyD} setup is good dp, but hard to tell with this kind of day
[09:04] {dptl} ok
[09:04] {esemde} i'm off ya'll have a great weekend.....AKNS will have to wait
[09:04] {BillyD} momo would have to pick up pretty good imo
[09:04] {Threei} take care ese, have a good one
[09:04] {Threei} great job today
[09:04] {BillyD} byde ese
[09:05] {dino} sm wide l itri .40
[09:05] {lumdus} esse, i guess we should all leave. can't get anything normal today.
[09:10] {bruce} alxn here w stop to 65?
[09:10] {bruce} nah - dont think its done dropping yet
[09:10] {dino} around 65 strike most likely
[09:11] {lumdus} qcom breaking
[09:13] {dino} pspt
[09:14] {dino} no news
[09:14] {dino} yes, boosts offer
[09:14] {dino} 17/
[09:18] {BillyD} some mkt spike out of nowhere
[09:19] {Threei} and immedfiate drop
[09:19] {lumdus} ys, billy i can't trade this market. it spikes stops.. no idea what to do here.
[09:19] {Threei} fun conrtinues
[09:20] {bruce} ceco closing in on bottom now dino?
[09:21] {lumdus} 3i, this is not fun .. i can't make any normal trades today
[09:21] {dino} size down lum, and widen
[09:21] {patience} haven't made any so far lumdus...big day for me today
[09:22] {bruce} missed alxn
[09:22] {BillyD} do nothing lum imo
[09:22] {Threei} I called them when there was readability
[09:22] {lumdus} patien, my problem was i didn't scalp quickly today. great trades. and the one i scalped outch !
[09:22] {dino} alxn was a beauty,
[09:22] {Threei} noted how I went increasingly inactgive as market went into this wierd mode?
[09:22] {dino} friday always scalp, imo
[09:23] {lumdus} 3i, was hard to follow you today. had no idea when you made recommendation or not.
[09:23] {Threei} huh?
[09:23] {Threei} [09:33] {Threei} ETFC... 3 is long trigger with .84 stop
[09:23] {Threei} [09:34] {Threei} daytrade, not a scalp for me
[09:23] {Threei} how is it unclear?
[09:24] {lumdus} my attention not soo good.
[09:24] {Threei} then let's word things right... it's not me who was hard to fllow {G}
[09:24] {BillyD} nasty drop
[09:24] {BillyD} just gotta laugh
[09:24] {lumdus} right excactly 3i
[09:25] {lumdus} drop out of nowhere. what the heck. could have been short pizza and you make money
[09:25] {magoo} i did only 3 trades
[09:25] {bruce} weird mode is appropriate for this crowd vad
[09:25] {lumdus} i am looking for #3 trade
[09:25] {bruce} especially mags
[09:25] * bruce slaps magoo around a bit with a large trout
[09:26] {magoo} all good , all vads..and as ding dong says..all a lil LUCKY
[09:26] {dino} you don't appreciate the luck factor
[09:26] {bruce} watching ceco here dino
[09:26] {dino} and how come i didn't hear one easy button?
[09:26] {dino} done w/ceco
[09:27] {magoo} sorry..missed 4 which was my own..the dastardly garmin
[09:27] {magoo} number 4 trade that is
[09:27] {magoo} so 3 for 3 vad..0 fr 1 magoo
[09:27] {magoo} hmmmmmmmm
[09:27] {magoo} whats that tell u???
[09:27] {bruce} k-feeds ceco to dogs
[09:28] {dino} you can bruce, i'm just not on it
[09:28] {BillyD} magoo, there's no shame in humuility w/ profit
[09:29] {magoo} shame? no worries there...i shameless at this point in trading career...just gimmee the CAKE
[09:29] {BillyD} hehe
[09:29] {bruce} you can have cake
[09:29] {bruce} I'll take the icing
[09:30] {BillyD} icing and cake come togehter bruce
[09:30] {dino} that alxn, what a spot bruce, damn
[09:30] {bruce} any read qcom here vad?
[09:30] {magoo} i actually eat icing out of the can..yum yum
[09:30] {bruce} sorry dino - thought it would drop further bbefore the reverse
[09:30] {Threei} gosh... no
[09:31] {bruce} yummy - canned icing
[09:31] {bruce} and spork
[09:31] {dino} my fault, i wanted 65 and got distracted
[09:31] {bruce} spork w icing
[09:31] {bruce} yessir
[09:32] {dino} thid, thud, thud...dino hitting head against wall
[09:33] {bruce} whats that for dino?
[09:33] {bruce} you want some of that icing?
[09:33] {dino} alxn
[09:33] {bruce} it's done
[09:33] {bruce} no worries
[09:34] {bruce} lots more
[09:40] {bruce} tleo
[09:41] {lumdus} in rimm 94.93 stop 94.78
[09:42] {dino} tleo, one more whoosh down imo
[09:43] {lumdus} oh, now you tell me .. geesh
[09:44] {lumdus} and here comes the woosh ?
[09:44] {dino} who knows lumdus
[09:44] {dino} i don't, just gut feel
[09:45] {dino} which is 7 lbs. lighter, so probably not as accurate
[09:45] {lumdus} yeah, my feel was rimm was trying to recover.
[09:45] {lumdus} but now it looks it want's to mkae me crazy
[09:45] {dino} lol, i was talking tleo
[09:45] {dino} and i was wrong
[09:46] {dino} bruce is turning into a capitulation maniac
[09:46] {lumdus} if don't go now it never goes
[09:47] {bruce} looking for em dino
[09:47] {bruce} need your help w entrys and stops
[09:48] {dino} they act like markets, usually go further than you think
[09:49] {dino} and by the way bruce, thx, you've helped me with a grand or more this week
[09:49] {lumdus} rimm.. working
[09:49] {lumdus} out
[09:50] {lumdus} now watch rimm go to 98
[09:50] {lumdus} gosh,
[09:50] {dino} gj
[09:50] {bruce} cool beans dino
[09:50] {lumdus} rim +.48
[09:52] {dino} i owe you a couple drinks
[09:52] {magoo} i have re apptmt at 1:15 , will be out untill 2:30 i believe
[09:52] {magoo} i know billy,bruce, vad...u gonna make a killing while i out
[09:52] {BillyD} fingers crossed
[09:53] {bruce} possible breakout in plce here - any read vad?
[09:54] {bruce} yep - we're planning on it mags
[09:55] {Threei} chart is right... I just don't know how reliable breakouts are right now
[09:56] {bruce} k- noted - passing for moment
[09:58] {lumdus} nother spike
[09:59] {bruce} apol setting up long here too
[10:04] {bruce} trying ceco long here
[10:06] {bruce} stopped
[10:07] {lumdus} the usual for today
[10:08] {bruce} still looks like it might work - mqay have set stop too tight
[10:30] {dino} rvbd
[10:30] {Threei} FED'S MISHKIN: SHOULD NOT USE CURRENCY DEVALUATION AS A TOOL TO DRIVE THE ECONOMY- says Fed must concern itself with both sides of its mandate, growth and price stability
[10:31] {dino} missed tleo, was at .95
[10:32] {BillyD} why doesn't Fed just say: let's get the country out of debt and the rest will take care of itself
[10:33] {dino} you don't want that bd, markets will go down hard
[10:33] {dino} whenever we go to that type of mandate, stocks go down
[10:33] {BillyD} I know dino, correction would be too severe
[10:34] {dino} ken fisher, "the only 3 questions that count"
[10:34] {dino} and in any case, as a percentage, it's really nothing
[10:37] {lumdus} amzn would be good long if we reverse at all
[10:39] {BillyD} where's magoo, CAKE new high
[10:40] {dino} real estate shopping
[10:40] {BillyD} is he buying new home for investment or living
[10:41] {dino} investments, multi-family units
[10:41] {lumdus} i am actually thinking to buy a dbi and short a jbe :)
[10:41] {lumdus} it's all working backwards today.
[10:41] {BillyD} lol
[10:41] {dino} lol
[10:50] {dino} itri stopped
[10:51] {dino} tleo
[10:58] {dino} meli lod
[10:59] {Threei} intriguing how IDIX is holding
[10:59] {BillyD} yes
[10:59] {BillyD} pretty solid
[11:02] {dino} theres my 250-
[11:03] {dino} do i hear -300?
[11:03] {patience} you do
[11:04] {dino} i think so too
[11:05] {dino} just got my new office plaque
[11:06] {BillyD} what does it say
[11:06] {dino} "if you're going thru hell, keep going"
[11:06] {BillyD} lol
[11:06] {dino} wall street creations .com
[11:07] {dino} fits this market, lol
[11:09] {dino} tleo l .06 stop lod
[11:10] {Threei} do we dare try IDIX .30?
[11:10] {BillyD} thinking same ...a teaser
[11:12] {lumdus} do we dare try anything ?
[11:12] {dino} thats why we do
[11:15] {bruce} damn right dino
[11:15] {bruce} is mags gone yet?
[11:17] {lumdus} bbbt breaking highs . nice to see in this market
[11:17] * bruce slaps magoo around a bit with a large trout
[11:17] * bruce slaps magoo around a bit with a large trout
[11:18] {bruce} let the market crash and burn
[11:18] {bruce} shorts work faster anyway
[11:18] {Threei} my IDIX stop is .23
[11:19] {Threei} and if it shakes me out I am going to hate it for 1 min 17 seconds
[11:19] {dino} y es still gone
[11:20] {bruce} thank goodness
[11:20] {bruce} now we can do some serious trading
[11:21] {dino} chtt
[11:21] {dino} lol
[11:22] {lumdus} bruce i like long bbt and qcom. anybody comment ?
[11:23] {dino} dk
[11:26] {dino} dtsi
[11:26] {BillyD} HMIX
[11:36] {bruce} out of action lum- computer freeze
[11:37] {Threei} I am at serious risk of dislocating my jaw... noone is allowed to yawn that wide
[11:37] {BillyD} should you dislocate, we have a remedy
[11:37] {Threei} as in?
[11:37] {Threei} punch in the jaw?
[11:37] * BillyD slaps Threei around a bit with a large trout
[11:38] {Threei} thought so
[11:38] {BillyD} sorry, that was mean
[11:38] {BillyD} hehe
[11:38] {Threei} it was... what else is new?
[11:38] {Threei} I'll start worry when you guys stop being mean
[11:40] {lumdus} market starting to move a little here. my interesting to find a trade :)
[11:40] {bruce} rebooted - back in action
[11:41] * BillyD slaps bruce around a bit with a large trout
[11:41] {BillyD} welcome back
[11:41] * bruce slaps BillyD around a bit with a large trout
[11:41] * bruce slaps Threei around a bit with a large trout
[11:41] {bruce} open your mouth too wide -
[11:41] {bruce} get a trout dropped in
[11:41] {bruce} nice and raw
[11:41] {bruce} ummm
[11:41] {bruce} sushi
[11:43] {lumdus} in amzn 81.12 stop 81.06
[11:43] {lumdus} just getting bored of this wacky action. at least stop is close
[11:45] {lumdus} hoping for some type of mini rally somwhere today
[11:45] {dino} rallllly
[11:45] {bruce} congrats lum
[11:45] {bruce} nice move
[11:45] {bruce} time to exit
[11:46] {lumdus} looking if it can break .50
[11:47] {bruce} k- hope it works
[11:48] {lumdus} not high hopes for anything today. everyting didn't work more then a few cents
[11:48] {BillyD} you had +.35 on AMZN lum
[11:48] {dino} gj
[11:49] {lumdus} i have only +.22 crap
[11:52] {lumdus} in qid 44.83
[11:52] {lumdus} stop 44.74
[11:52] {lumdus} starting to trade for the day . let's see if ican get some nice reversal anywhere.
[11:53] {bruce} qcom hod
[11:54] {dino} faked out rally
[11:55] {magoo} back
[11:55] * BillyD slaps magoo around a bit with a large trout
[11:55] {BillyD} welcome back
[11:55] {lumdus} think qcom can make a move without averages helping ?
[11:55] {magoo} how many big hits without me?
[11:56] {lumdus} qid might do it
[11:56] {BillyD} just the one you just got
[11:56] {bruce} nothing but wins mags
[11:56] {bruce} sory to tell you
[11:56] {bruce} vad posted 2 of his +.60 trades
[11:59] {Threei} hatred countdown for IDIX started
[11:59] {dptl} stopped idix
[12:01] {lumdus} qid out +.27
[12:02] {patience} nice lumdus
[12:02] {lumdus} tx.. all day couldn't do a damm thing
[12:02] {patience} you're ahead of me
[12:05] {bruce} ceco did make a nice recovery dino
[12:06] {BillyD} yoyo
[12:07] {lumdus} patience, i just can't figure out when to sell and when to hold.. i get the good trades but mess them up all the time
[12:07] {bruce} solf here dino?
[12:09] {patience} i would work with vad then.....each person has different risk/reward tolerances and timeframes.
[12:10] {BillyD} lum, make a plan and sell 1/2 with decent profit
[12:10] {dino} back
[12:10] {dino} i don't play solf
[12:11] {dino} look at oih, look at fslr, spwr
[12:11] {patience} dino is going to hit 300 soon
[12:11] * Chaeron goes long DINO :)
[12:12] {dino} wow, -293, didn't realize was at bus stop
[12:13] {Threei} sooo... I guess no green close today?
[12:13] {Chaeron} still early Vad... heheh
[12:13] {dino} rate cut coming monday
[12:13] {Threei} why wait... today is just as good
[12:15] {Threei} feels like there was storng speculation about emergency cut before the week end, and this selling is "oh well, didn't happen" thing
[12:16] {dino} all things considered gme holding well today
[12:16] {bruce} grmn dino
[12:18] {dino} dk
[12:19] {dino} ulbi
[12:20] {magoo} i was out, so u guys looking/in anything here?
[12:20] {lumdus} not for a while maggo
[12:21] {dino} adding a couple sm swings soon
[12:21] {patience} dino gets another gold star
[12:22] {dino} for what
[12:22] {lumdus} magood we all hoped for a bounce and all we getting is wacked
[12:22] {patience} sigh.....dino....we passed the -300 mark
[12:23] {dino} oh ty, lol. i think you said same
[12:24] {lumdus} man, ho low can this market go
[12:24] {dino} zero
[12:24] {lumdus} the only thing able to get long was qid. the rest scalp for cents
[12:24] {dino} 11,600
[12:25] {Threei} lol... QID is not an independent stock lum
[12:25] {Threei} it goes up exactly because NASDAQ goes down
[12:25] {lumdus} oh, darn .. didn't even know that. too funny
[12:26] {bruce} l grmn 71.44
[12:26] {dino} rvbd l sm .90, stop lod
[12:27] {dino} vmsi
[12:28] {dino} roflol lum
[12:29] {magoo} funny, but my original thought and i posted was "why fight it...go short"
[12:29] {magoo} had grmn 75..should have shorted
[12:30] {magoo} if times are going to be rough..we need to think short
[12:30] {bruce} stopped
[12:31] {magoo} even on big up days, stocks stioll pullback and breathe
[12:31] {magoo} on bad days they mostly tank
[12:31] {Threei} you sound as if we never shorted
[12:31] {magoo} no NO...just stating my concerns here
[12:31] {magoo} we shorted nvda
[12:32] {magoo} tend to think long first
[12:32] {dino} cnbc puts up, ...declines for this week were smaller than last week..............what the f#
[12:32] {Threei} rofl
[12:33] {dino} guess that should nmake you feel better, you lost again, but not quite as much
[12:33] {magoo} vad, look nvda
[12:33] {magoo} stilkl running w/qqqq
[12:34] {magoo} grmn disconnected or the best delay in history of follopwers
[12:34] {Threei} can you read Qs here?
[12:34] {magoo} boy..u picking on me
[12:35] {magoo} no, i meant charts are same
[12:35] {Threei} no, trying to make a point
[12:35] {magoo} so, if qqq roll over nvda rolls, if poer up, nvda power up
[12:35] {Threei} if it goes with Qsd, you can play it if you have a readon Qs
[12:35] {magoo} CRANKY russian
[12:35] {Threei} sheesh... are you projecting something?
[12:36] {magoo} no huh?
[12:37] {dino} thinking a cold one in 20 magoo
[12:37] {magoo} make it 10..and get vad one:)
[12:38] {lumdus} reversal today might just be wishful thinking for whoever was thinking
[12:38] {dino} adding sm itri here
[12:38] {BillyD} roflol
[12:38] {magoo} i think shorts are covering
[12:38] {magoo} friday
[12:38] {magoo} usually do
[12:38] {magoo} plus big ben fear now
[12:39] {lumdus} so you think we have rally soon ?
[12:39] {magoo} well..i dunno
[12:39] {dino} doesn't matter what you think lum, just react
[12:39] {Threei} what are we having last 20 min or so?
[12:39] {dino} itri working
[12:39] {Threei} I feel like I am in some kind of twilight zone :)
[12:40] {magoo} explain please
[12:40] {dino} odd
[12:40] {magoo} tweilight comment i mean
[12:40] {lumdus} can't react frozen in my chair
[12:40] {dino} made up about 85 pts
[12:41] {magoo} lum, don't have too..tough days no mandatory rule u must trade
[12:41] {magoo} wait for easier days..easier battles
[12:41] {lumdus} yeah, i am starting to learn that
[12:41] {magoo} i stopped all trades i believe by 11:30
[12:41] {dino} keep it simple, less you think is better
[12:42] {BillyD} amen dino
[12:42] {dino} itri out .14, +.24
[12:42] {magoo} i thought it went "less u DRINK is better"
[12:42] {magoo} oh, that can't be right
[12:42] {dino} lite beer magoo, we drink more
[12:43] {magoo} i knew it was something like that
[12:43] {lumdus} magoo, i don't know always when to stop... so i guess i need to bve advised somethime
[12:43] {magoo} vad, seed held well
[12:43] {Threei} very
[12:43] {dino} stops are the skill, all else is luck
[12:43] {Threei} and with not much regard to market
[12:43] {magoo} next week u gonna get your 12
[12:44] {magoo} if IF mkt rebounds at all
[12:44] {dino} markets like this size down go wider lum
[12:44] {magoo} sounds like dino's dates
[12:44] {Chaeron} *groan*
[12:44] {magoo} vad, dcc
[12:45] {dino} ohhh mannnn
[12:47] {dino} out rvbd .14, +.24
[12:48] {dino} and thats a wrap. thx all
[12:49] {Threei} scalped SEED... sorry, just couldn't bring myself to call it
[12:49] {lumdus} oh, well i guess i am done here for the day
[12:50] {lumdus} scalped grmn +.55 wow !
[12:50] {Threei} rofl
[12:51] {BillyD} Vad, where was entry around .38-.43
[12:51] {Threei} make up your mind... either you are done or you scalp GRMN
[12:51] {lumdus} got it 70.88
[12:51] {lumdus} i was in the scalp before i posted.
[12:51] {dino} gj lum.
[12:51] {Threei} .25 first time billy
[12:51] {lumdus} 3i, i started thinking this PM whatever i usually do i do the opposite
[12:51] {dino} i quit and lum makes the cake
[12:52] {dino} i used to do that lum, thats funny
[12:53] {Threei} I won't be surprized to see gap on SEED on Monday
[12:53] {Threei} amazing strength
[12:53] {magoo} yeah..its the setup
[12:53] {dino} adding some gme for swing
[12:53] {magoo} strong on poor day
[12:53] {magoo} power inyto bell
[12:53] {Threei} and frenzy
[12:53] {dino} adding some sigm too
[12:53] {magoo} may do 11 now
[12:54] {Threei} if takes .80
[12:55] {Threei} no news still
[12:55] {Threei} beautiful breakout of triangle
[12:55] {Threei} volume is jjust right
[12:56] {magoo} ok, done see all monday
[12:56] {Threei} lol, I feel mags just scalped it
[12:56] {Threei} fess up
[12:56] {Threei} did ya?
[12:56] {magoo} wink wink
[12:57] {Threei} no, seriously?
[12:57] {magoo} no i did not
[12:57] {Threei} OK... I know you not that well as I thought I did then :)
[12:57] {dino} he better not, i sent him for beer
[12:57] {Threei} OK guys, thank you all
[12:57] {dino} whens the cruise vad?
[12:58] {magoo} i feel like let u down
[12:58] {BillyD} by all...cya monday
[12:58] {Threei} lol
[12:58] {Threei} have a great weekend, next week will be better
[12:58] {dino} cya bd
[12:58] {dptl} have a good weekend all
[12:59] {lumdus} i hope so vad. very rough. but at least nice positive today. man, rought one
[12:59] {Threei} COIN moved too btw
[12:59] {Threei} this is sector strength
[12:59] {dino} gj lumdus
[13:00] {Threei} 11 on the nose
[13:00] {dino} take care all
[13:01] {bruce} I'm trying to open a screen in laser
[13:01] {bruce} opening a boardview to list stocks
[13:02] {bruce} but it opens at top of screen without columns showing
[13:02] {bruce} and wont let me grab it
[13:02] {bruce} anyone know how I cqan grab and move it?
[13:04] {bruce} guess not
[13:04] {bruce} good wkend all

Thursday, January 10, 2008

January 10, 2008

Session Start: Thu Jan 10 00:00:00 2008

Session Time: Thu Jan 10 00:00:00 2008

[04:55] {hawkfan4} whew, for a bit there i thought i was gonna have to be in charge :) morning Vad
[04:58] {Threei} morning hawk :)
[04:58] {Threei} hey, it's a good idea
[04:59] {Threei} you sure you don't want to?
[05:03] {hawkfan4} lol, it might be pure chaos. I haven't quite got the stress free trading part down to a science yet
[05:03] {Threei} who said chaos is bad
[05:04] {hawkfan4} :) so true
[05:05] {Threei} from my chess days:
[05:05] {Threei} there was a school of Botvinnik, 3 or 4 times world champion,
[05:06] {Threei} shcool of logic, iron sequences
[05:06] {Threei} strict analysis
[05:06] {Threei} and generation after generation of chess players were taught this
[05:06] {Threei} then at some point new star appeared, Michael Tal,
[05:07] {Threei} a guy who built his entire game style on chaos
[05:07] {Threei} he had natural ability to intuitively find his way in chaotic situations where logic was totally thrown off
[05:07] {Threei} so his approach was:
[05:08] {Threei} from the early stages odf the game he would violate all the rules and all the logic,
[05:08] {Threei} taking the situation off beaten path
[05:08] {Threei} and creation positions with no pillars for traditional analysis
[05:08] {Threei} creating
[05:09] {Threei} what do you know, players of normal schooling would totally lose their ability to analyse situation
[05:09] {Threei} and his skill to find his way in muddy waters would kick in and take him to the victory
[05:09] {hawkfan4} pure genius if you can pull it off
[05:10] {Threei} he even proceeded to beat Botvinnik himself and beome world champion
[05:10] {hawkfan4} nice :)
[05:11] {Threei} genius yes... but general principle applies:
[05:11] {Threei} go off the beaten path, and you have advantage over those who can't play without traditional rules
[05:15] {Threei} btw, trading application exists as well, and on many levels
[05:16] {Threei} the most obvious is, do many of day traders make money trading MSFTs or INTCs of the world? :)
[05:16] {Threei} you have much better chance with obscure stocks
[05:16] {Threei} but as obscure stock gets too much recognition and following, it goes mainstream and becomes harder
[05:16] {hawkfan4} i like it. that's kind of why i haven't made any calls in the room, because i sit thru bigger stops and intraday drawdowns on some of my positions. Like yesterday i started buying WFR at 69.60 and bought it down to 68.90. Made good money, but someone else would've had to bail for a loss b4 it worked.
[05:17] {Threei} another analogy is a stage at which you start paying attention to the stock and particpating in it... early stage is the most priftable, and when the crowd discovers it, move is over
[05:17] {Threei} if bigger stops match your approach/personality, nothing's worng with that
[05:20] {hawkfan4} my biggest problem is that it occasionally leads to a big down day when i'm wrong with my market read. That's something i'm working on, basically not overtrading is my biggest problem.
[05:21] {Threei} I am not sure it's a problem to rectify
[05:21] {Threei} I mean, with wider stops loss is naturally bigger,
[05:21] {Threei} and those days when things don't work will of course will be losing days, and size of loss will be proportional to the width of stops
[05:22] {Threei} when things go in your favor, size of your win is also bigger than average scalpers
[05:22] {Threei} so it's just a matter of scale
[05:22] {Threei} you can't have srtops/losses equal to scalping ones and wins equal to swing trader ones, right?
[05:23] {hawkfan4} true, that makes sense
[05:23] {Threei} as MPP says... all the elements of your trading style should be aligned
[05:24] {Threei} try to keep narrow stops of scalping world while basing your entires on swing setups, and you will be shaken out regularly
[05:24] {Threei} simply because a stop is being placed within area of natural volatility
[05:25] {Threei} and is hit before setup has a chance to work
[05:25] {Threei} when everything's aligned, stop is placed at the level of significance
[05:25] {Threei} and this level will not be the same for a scalping setup vs swing trading setup
[05:26] {hawkfan4} i'm still putting it all together, tweaking everything. You and Dino have been very helpful to me, just watching the way you handle situations, the concept of stress free trading, it's worth working towards
[05:27] {Threei} :)
[05:28] {hawkfan4} And Roman, he's money in the bank. I don't even look at the chart half the time he mentions something. Just grab it.
[05:29] {Threei} yeah, his batting average is not average at all
[05:34] {esemde} good morning ladies and germs.....
[05:34] {Threei} ese :)
[05:34] {Threei} who are you calling germ?
[05:35] {esemde} clasic old shtick of a line but i like it......
[05:35] {Threei} :)
[05:35] {esemde} ah ah ah ummmmmm...nobody vad nobody at all
[05:35] {magoo} morning
[05:36] {Threei} magoo :)
[05:36] {Threei} ese, look dcc please
[05:37] {esemde} magoo
[05:43] {BillyD} morning guys
[05:44] {Threei} billy :)
[05:45] {BillyD} anything special stick out so far
[05:45] {esemde} billy
[05:45] {esemde} COF EFII both down huge.....
[05:46] {BillyD} ty
[05:51] {magoo} why DRYS down? news?
[05:52] {magoo} EFII down 4 too
[05:52] {magoo} ILMN up 8 vad, news?
[05:53] {hawkfan4} 10-Jan-08 05:20 ET In Play Affymetrix and Illumina settle their patent disputes; Illumina to make one-time payment to Affymetrix of $90 mln (23.76 )
[05:53] {Threei} 05:01am [ILMN] Affymetrix settles patent disputes with Illumina
[05:54] {Threei} DRYS, nothing that I see
[05:54] {magoo} ok, ty
[05:58] {dptl} good morning all
[05:58] {BillyD} dp:)
[05:59] {Threei} dp :)
[06:05] {Threei} ETFC didn't convince anyone by yesterday's comments so far eh
[06:06] {magoo} vad, u got a read on ILMN short?
[06:06] {cosmo} EFII pre mkt high = 15.50 fwiw
[06:07] {Threei} chart wise, break of 70... but you know how reliable premarket charts are, especially on gaps of such magnitude
[06:09] {magoo} ok
[06:09] {Threei} EFII is worth watching, could be the case of "bad news is oout, everyone who wanted out has sold"
[06:17] {magoo} vad..lets watch OLMN as a potential short scalp somewhere today..keep eye on it
[06:20] {magoo} short loss of 70
[06:22] {Threei} pretty intense battle here... don't know, I'll stay away
[06:22] {Threei} maybe it forms something more manageable later
[06:22] {magoo} gotcha
[06:23] {Threei} remember how often we saw this kind consolidating, then just going and going and going?
[06:24] {dino} gm all
[06:24] {Threei} dino :)
[06:24] {esemde} dino
[06:26] {dino} :)
[06:27] {Threei} how about that for gravity
[06:27] {dino} hawk, gj, and thx, glad i can help. my style is deffinately different
[06:27] {Threei} told ya gravity was a hoax
[06:27] {magoo} yeah..we should have hit it long
[06:28] {Threei} sure, in hindsight
[06:28] {BillyD} it teleports
[06:28] {magoo} well actually..un had a good feel on it'
[06:28] {Threei} but how would you know at the time?
[06:28] {dino} ev to sell, mdp to sell
[06:28] {Threei} you did?
[06:28] {Threei} why did you ask about short then? :)
[06:28] {magoo} know..u did
[06:28] {Threei} me?
[06:28] {Threei} not really
[06:29] {magoo} i was thinkuing sh..u no like short
[06:29] {Threei} just feeling of danger, that's all
[06:29] {Threei} I hate doing obvious things
[06:29] {Threei} and short was way too obvious
[06:29] {Threei} obvious equals wrong in trading
[06:29] {dino} need coffee, brb
[06:32] {Threei} ILMN becomes "bruce trade" - close your eyes and buy
[06:32] {bruce} hmm
[06:33] {bruce} read my mind vad
[06:33] {bruce} looking at it
[06:33] {Threei} EFII, half lot long
[06:33] {Threei} .85
[06:33] {Threei} sheesh
[06:33] {Threei} no chasing
[06:33] {Threei} teleported
[06:34] {dino} ilmn s .96
[06:34] {Threei} GRMN
[06:34] {dino} darn partial 100
[06:35] {Threei} small shares long here
[06:35] {Threei} stop under75
[06:35] {magoo} in
[06:36] {Threei} look to exit half at least on spike over .50
[06:37] {Threei} EFII half lot llong
[06:37] {Threei} stop under .40
[06:37] {Threei} doesn't want to go, leave it alone for now
[06:38] {Roman} in AKNS
[06:38] {Roman} 10.25 area
[06:40] {Roman} long GOLD small
[06:40] {Roman} 41.50 area, very thin
[06:41] {Roman} bidding PAAS small
[06:41] {Roman} 36.52 area
[06:41] {Roman} out ANKS
[06:42] {Roman} AKNS
[06:42] {Threei} nice one
[06:42] {magoo} stopped grmn
[06:43] {magoo} wtf
[06:43] {BillyD} good stop magoo
[06:43] {magoo} went 74.70
[06:43] {magoo} NOT
[06:44] {Roman} in PAAS
[06:46] {Roman} CTDC bouncer
[06:46] {Roman} in small 7.33
[06:47] {Threei} MXGL half lot long 29.51 if stays above .40
[06:47] {Roman} in DSTI small
[06:47] {Roman} 5.33 area
[06:49] {Roman} out 1/2 GOLD +.56
[06:50] {Roman} IDIX continuing
[06:51] {Roman} in BONT
[06:53] {Threei} HOKU
[06:53] {Threei} .60 long
[06:53] {Threei} sheesh
[06:53] {Threei} is it me that slow this morning or they just jump with no regard for us
[06:54] {BillyD} still want it HOKU?
[06:54] {Threei} on strength return
[06:54] {Threei} not on price alone
[06:54] {BillyD} ok
[06:54] {Roman} KOOL radar today
[06:55] {Threei} .45 is stop/invalidating level
[06:58] {dino} ]brreak of 73 adding rest of ilmn
[06:58] {dino} s
[06:58] {esemde} L LOGI 33.61 half lot
[06:59] {dptl} are you in hoku?
[06:59] {Threei} yes, 3/4 lot
[07:00] {Threei} NOV WHOLESALE INVENTORIES: 0.6% V 0.4%E
[07:01] {Roman} out DSTI +.22
[07:01] {Threei} stopped
[07:02] {magoo} entry vad hoku?
[07:02] {dptl} stoped hoku
[07:02] {Threei} good morning magoo
[07:02] {Roman} SBUX
[07:02] {Roman} long
[07:02] {magoo} huh?
[07:02] {Roman} 19.50 small
[07:02] {Threei} lol
[07:03] {Threei} ETFC, what now?
[07:04] {bruce} paas - any read vad?
[07:04] {Threei} it's Roman's baby
[07:04] {Threei} he has much better grip on it
[07:04] {esemde} all right which one of you is selling LOGI at .60.....stop that......
[07:04] {magoo} whats entry on HOIKU?
[07:05] {Threei} mags, we already exited it
[07:05] {Threei} no entry
[07:05] {magoo} OH HE HE
[07:05] {Threei} that's why "good morning" :)
[07:05] {dino} l meli .70
[07:05] {Roman} PAAS looking good
[07:06] {Threei} good one SBUX, thanks Roman
[07:06] {esemde} SBUX ....nice Roman.....
[07:06] {esemde} i want LOGI to do the same
[07:07] {esemde} he huffed and he puffed and he blew the stock.......??????
[07:07] {Threei} CSIQ half lot long
[07:08] {Threei} stop under 23
[07:11] {Roman} out SBUX
[07:12] {Roman} watching DROOY
[07:12] {Roman} gold play
[07:12] {Roman} probably higher
[07:13] {dino} cut meli -.50
[07:14] {Roman} out remaining GOLD +.80
[07:14] {Roman} SWHC bouncer
[07:14] {esemde} yes LOGI out 34 +.39
[07:14] {Roman} daily
[07:14] {Threei} beautiful one ese
[07:15] {dino} gj es
[07:15] {esemde} that felt perfect.....nice set up sp/nas work right hmmm
[07:16] {dino} meli rinsed, .75 new trig imo
[07:16] {Threei} GOLD is still moving, time for DROOY to catch up
[07:16] {Roman} yeah, took DROOY
[07:16] {Threei} I am waiting for .25 to get hut
[07:16] {Threei} hit
[07:16] {dino} es getting deep
[07:19] {Threei} NASDAQ looks to stage another relief rally
[07:20] {Threei} watching NVDA to use as a follower
[07:20] {Threei} since QID is not shortable
[07:20] {Threei} looking for pullback entry as close to 28 as we can get
[07:21] {Threei} if no pullback anymore, .41 becomes breakout trigger
[07:22] {dino} gs green, hod
[07:23] {dino} akam
[07:23] {Roman} damn DSTI
[07:23] {Roman} nice run
[07:27] {esemde} ILMN...opinions
[07:27] {Threei} got .08 NVDA
[07:27] {esemde} thinkin long at 75
[07:27] {esemde} small
[07:28] {Threei} out .21
[07:28] {Threei} somehysterical move
[07:29] {Threei} 75 ese?
[07:29] {Threei} way too far from here
[07:29] {Threei} 74 break seems to be nearest trigger if you want long
[07:29] {esemde} sorry 74....tks
[07:32] {Threei} back in NVDA, half lot this time
[07:33] {dino} tough one es
[07:33] {Threei} counting on bigger move
[07:33] {dino} moves in .40 trades, go small
[07:35] {Threei} RMBS
[07:35] {Threei} .07 long
[07:35] {dino} fslr l 223.55
[07:35] {Threei} 17.99 stop
[07:35] {Threei} enough shakeouts NQ, let's go
[07:37] {dptl} in rmbs .07
[07:37] {bruce} teva short?
[07:37] {Threei} jeez
[07:38] {dptl} stoped
[07:38] {Threei} worth a try bruce
[07:39] {bruce} thanx vadster
[07:44] {Threei} ETFC goes back to 25?
[07:44] {dino} not
[07:45] {Threei} too bad... I thought maybe I could close my eyes and buy
[07:45] {Threei} too many shakeouts today
[07:47] {dino} worse than yesterday imo'
[07:48] {Threei} so far, yes
[07:48] {Threei} out NVDA
[07:49] {dino} fslr stopped sm
[07:49] {bruce} out 1/2 teva +.21
[07:52] {dino} gj
[07:53] {bruce} out balance flat
[07:53] {BillyD} chop chop
[07:53] {BillyD} good execution bruce
[07:54] {bruce} suey suey
[07:54] {BillyD} lol
[07:54] {bruce} thanx billyd
[07:54] {bruce} strating to look like I swhould have given more room
[07:54] {bruce} but hate giving up profits
[07:55] {BillyD} well, take what you can especially today so far
[07:55] {Threei} true
[07:55] {Threei} no patterns whatsoever, aimless jerking around
[07:56] {dino} agree, book them when you can
[07:56] {bruce} thats a nastty thing to say about magoo vad
[07:57] {dino} lol
[07:57] {dino} fslr you need a 5 dollar stop range
[07:57] {bruce} nvda short vadster?
[07:58] {Threei} can't tell
[07:58] {BillyD} crayon kid syndromre
[07:58] {Threei} it has no readable rythm today
[07:58] {bruce} k
[07:58] {magoo} grmn bounce time vad?
[07:59] {bruce} thanx
[07:59] {Threei} would like pullback on it first mags
[07:59] {Threei} top about 76.50
[07:59] {magoo} yeah..popped just now
[08:00] {Threei} look at NQ
[08:01] {Threei} IMF: DOES NOT FORECAST US RECESSION AT THIS POINT, THOUGH RISK IS RISING- Fed rate cuts have been supportive and timely
[08:01] {bruce} we should create a multi billion dollar hedge fund
[08:02] {bruce} and register it in the states folks
[08:02] {bruce} that way
[08:02] {bruce} when we make huge losses
[08:02] {bruce} the fed will be there to bail us out
[08:02] {bruce} can't lose
[08:02] {magoo} ROFLOL
[08:03] {Threei} GRMN 77 break long small shares if holding above .70
[08:04] {Threei} 1:1 was easy
[08:05] {bruce} nice pop - bid 77.01 but nver got in
[08:06] {magoo} i tried and no fill also
[08:06] {magoo} fast
[08:06] {dptl} i got 50 shares
[08:06] {dptl} got out +.39
[08:07] {bruce} whats your feel vad - retreating now - worth try again?
[08:07] {bruce} nice win dp
[08:07] {Threei} no feel bruce... it's kind of one time deal on each setup
[08:07] {Threei} no continuation
[08:08] {bruce} k - that was what I figured
[08:08] {Threei} dp, you know inflation is of concern for bank of canada right?
[08:08] {Threei} I mean, don't spend it all at once
[08:08] {Threei} you can cause inflation spike singlehandedly
[08:08] {dptl} ok
[08:08] {dptl} :)
[08:09] {Threei} what price did you get btw?
[08:09] {Threei} on entry
[08:09] {dptl} 77
[08:09] {bruce} .39 is peanuts dp - vadster promised us yesterday he no longer counts any wins less than .60
[08:09] {bruce} so waiting for those calls today
[08:10] {Threei} I count them but call them horrible trades, bruce
[08:10] {bruce} lol
[08:10] {bruce} ther - grmn just gave . if we'd been able to get in
[08:10] {bruce} and had nerve to hold
[08:11] {Threei} nerve alone is not enough for such trade - need also to sever all brain connections with other organs
[08:12] {bruce} yes
[08:12] {bruce} especailly kidneys
[08:13] {Threei} GRMN seems to follow NQ weith little delay
[08:13] {bruce} nvda losing support
[08:13] {Threei} .72 new setup GRMN
[08:14] {Threei} stop under .40
[08:18] {Threei} not this time
[08:18] {BillyD} yesh, educated guessing game on these kind
[08:18] {magoo} its trading with the QQQQ
[08:22] {esemde} i'm otta here.....see ya tamara
[08:22] {magoo} bye es
[08:23] {Threei} take care ese
[08:23] {esemde} see ta mags
[08:23] {esemde} vad
[08:25] {magoo} qqq powers up...grmn goes
[08:25] {Threei} true... it's just this up and down on NQ(QQQQ) has not much readability to it
[08:26] {magoo} agree with that
[08:26] {bruce} bye ese
[08:27] {Threei} chart wise this is a setup again
[08:27] {Threei} and this time it works
[08:27] {Threei} go figure
[08:28] {BillyD} then next you might try and it don'
[08:28] {Threei} so let's play odd ones and skip even
[08:28] {BillyD} then next time you don't try it does
[08:28] {BillyD} exactly
[08:29] {Threei} even setup, buy off 78
[08:29] {Threei} skipping
[08:31] {Threei} guess what - it worked... I give up, alignment of planets is the only way today . That, and tea leaves
[08:32] {Threei} odd one, buy off 78 again
[08:33] {bruce} chicken entrails vad - thats the answer
[08:33] {Threei} good idea
[08:33] {bruce} messy though
[08:34] {bruce} need to get mags doing it
[08:34] {magoo} did it
[08:34] {bruce} thought so mags
[08:35] {magoo} out here .30
[08:35] {Threei} you took it mags?
[08:35] {Threei} cool beans
[08:35] {magoo} 11:32] {Threei} odd one, buy off 78 again
[08:35] {Threei} yeah, but even one worked just before that
[08:35] {magoo} 11:35] {magoo} out here .30
[08:36] {Threei} and chicken entrails said, "long trip and fortune at the end of it"
[08:36] {Threei} going to double check with 8-ball
[08:38] {dino} out meli .25b +.50
[08:38] {bruce} nice dino
[08:38] {bruce} eslr short?
[08:38] {Threei} notice, no downdraft this time for GRMN as NQ went down
[08:39] {Threei} looks like long again on .50 break
[08:39] {dino} thx bruce, took awhile
[08:39] {Threei} no read on ESLR bruce
[08:39] {bruce} k vad
[08:40] {Threei} from the chart, it doesn't really work on breakdowns
[08:40] {Threei} shorting bounces is the way for it
[08:40] {dino} cov ilnm .43, ave +.35
[08:40] {dino} toughy
[08:40] {Threei} no kidding dino
[08:40] {dino} lol
[08:41] {dino} no it will die cause i covered
[08:41] {dino} wore me out
[08:41] {BillyD} lol
[08:41] {dino} tcbi drop
[08:42] {dino} too fast
[08:44] {bruce} syna possible long off .73?
[08:45] {Threei} stop would be .45... a bit too far for my taste
[08:45] {Threei} if you can regulate it with size, sure
[08:46] {dino} ugh ilmn
[08:46] {bruce} k
[08:46] {bruce} like the pattern - hate the stop
[08:47] {bruce} skiperony
[08:50] {Threei} lol
[08:51] {Threei} get a pen, tie it up to mule's tail, get mule drunk, put a peuice of peper under the pen and needle mule with something sharp - what you get will be the chart of NASDAQ today
[08:51] {bruce} ayi break vadster?
[08:52] {Threei} stop would be .75
[08:52] {Threei} see if you can get a pullback
[08:52] {Threei} closer to stop level
[08:52] {Threei} I am not sure it has 20 cents potential from here if breaks
[08:54] {bruce} k-
[08:54] {bruce} skipping again
[08:55] {bruce} they drink w mules in the old country vad?
[08:55] {dino} penn drop
[08:55] {bruce} now thats entertainment
[08:55] {Threei} who knows... I ahven't been there for 12 years
[08:55] {dino} gme ups and drops big
[08:56] {Threei} CPHD small shares long
[08:56] {Threei} right here
[08:56] {Threei} stop .94
[09:01] {dino} gme l .22, stop .98
[09:04] {dino} penn double bottom or crash
[09:06] {dino} double, missed
[09:09] {dino} penn l .55
[09:09] {bruce} nice entry dino
[09:09] {bruce} .25 stop?
[09:10] {dino} .19
[09:11] {dino} wide today
[09:11] {Threei} roeder, see dcc please
[09:13] {dino} on your own bruce
[09:14] {bruce} k dino
[09:14] {dino} hard at .80
[09:14] {dino} stop that is
[09:15] {dino} out slippage ave .76, +.21
[09:15] {dino} wow, shooo
[09:16] {dino} you ok?
[09:16] {dino} waiting at 51.70, small
[09:16] {Roman} Today After the Close
[09:16] {Roman}
[09:16] {Roman}
[09:16] {Roman} Today's In Play
[09:16] {Roman}
[09:16] {Roman}
[09:16] {Roman} 12:16 Bernanke says additional policy easing may well be necessary- Bloomberg
[09:16] {Roman}
[09:16] {Roman} 12:05 Crude Oil trades off of session lows of $93.25pbl, now off $1.53 to $94.14pbl
[09:16] {Roman}
[09:16] {Roman} 12:01 CAH Cardinal Health: Hearing upgraded intraday at tier 1 firm (60.06 +1.48) -Update-
[09:16] {Roman}
[09:16] {Roman} 12:01 LPTH LightPath announces its subsidiary, LightPath Optical Instrumentation, signed a multi-year sales agreement with a Chinese Industrial Tool Manufacturer (2.09
[09:17] {Threei} propping market up
[09:17] {BillyD} yes
[09:17] {Roman} sorry
[09:17] {dino} such wisdom out of bernie
[09:17] {bruce} got out flat dino
[09:17] {Threei} as always
[09:17] {BillyD} give the world a carrot berne
[09:18] {dino} gj bruce
[09:18] {dino} sorry about the fast drop, i use the hard stops for protection
[09:18] {bruce} thanx
[09:18] {bruce} flats OK w me
[09:18] {bruce} me too
[09:18] {dino} oh mann meli
[09:19] {Threei} stop to 28.05 CPHD
[09:20] {dino} penn small l .70, risky
[09:21] {dino} gme stop to .48
[09:22] {BillyD} these ARCA issues gotta go
[09:23] {dino} gme to .74
[09:23] {dino} ]\gme to .88
[09:23] {dino} out penn .30, +.60
[09:24] {bruce} agreed billy
[09:24] {dino} gme to .02
[09:24] {bruce} nice dino
[09:24] {bruce} too fast for me
[09:24] {dino} ty
[09:25] {dino} out gme major slippage .92, +.70
[09:25] {bruce} and my level 2 got messed up so didn't take it
[09:25] {dino} nyse sucks w/hard stops
[09:25] {dino} penn drops again
[09:26] {dino} brb
[09:26] {BillyD} not in CPHD, but geez, no move at all
[09:26] {Threei} stubborn seller at .20 keeps the lid on it
[09:27] {Threei} this NVDA pullback is buyable
[09:27] {magoo} how i clean up these bad quotes vad?
[09:28] {Threei} same way as you eliminated EDGX book
[09:28] {Threei} ARCAb to hide
[09:28] {dino} just turned a slow day into over day, so taking a break and a walk
[09:28] {bruce} heck of a spike in qs
[09:28] {magoo} u hidieing inet?
[09:28] {bruce} q"s
[09:28] {Threei} in NVDA
[09:29] {Threei} INET? I see ARCAb as a culprit
[09:29] {magoo} message board said inet?
[09:30] {Threei} I don't see bad quotes by INET
[09:30] {bruce} and arca vad - both mentioned
[09:30] {Threei} by ARCA I do
[09:30] {Threei} .19 stop NVDA
[09:33] {BillyD} no luv
[09:34] {Threei} NQ all the way back
[09:34] {magoo} back up?
[09:35] {Threei} went all the way back down
[09:35] {dptl} stopped nvda .-25..couldn't get out for some reason
[09:36] {BillyD} timing pullbacks tough lately
[09:37] {Threei} no kidding... if pullback from .70 to .30 is not it, what is
[09:38] {magoo} vad, u got a second?
[09:38] {BillyD} I took 1/2 at .42 near original b/o and the a little more at .27 and the stopped .22
[09:38] {BillyD} renetered at .10 and out .20 and .27
[09:39] {Threei} mags?
[09:39] {magoo} i tried to hide arcab with no suceess
[09:39] {bruce} he's busy checking chicken guts vad
[09:39] {magoo} u walk me thru it?
[09:40] {magoo} go to hidden mm
[09:40] {Threei} yes
[09:40] {BillyD} type arb
[09:40] {bruce} type in for arca and click add button mags
[09:40] {Threei} type APB
[09:40] {Threei} ARB
[09:40] {magoo} box above ADD type arcab
[09:40] {Threei} no
[09:40] {BillyD} YES
[09:40] {Threei} ARB
[09:40] {BillyD} SORRY
[09:41] {magoo} APB too?
[09:41] {Threei} no
[09:41] {Threei} that was mistype
[09:41] {Threei} ARB
[09:41] {Threei} Add
[09:41] {Threei} check Hide box
[09:41] {Threei} click OK
[09:42] {magoo} click apply first, then ok?
[09:42] {BillyD} you not see the ECN Book ID's box with the codes for each ECN to typew
[09:42] {Threei} doesn't matter
[09:42] {Threei} billy... you mistakenly assume he can read
[09:42] {magoo} THANX, now what sym to ditch BATSB
[09:43] {BillyD} lol
[09:43] {Threei} see? :)
[09:43] {magoo} wheres ECN ID box?
[09:43] {Threei} ECN book IDs in the right column would tell you: BPB = BATS Book
[09:43] {Threei} prividing you paid attention :)
[09:44] {magoo} sorry but right column where?
[09:45] {Threei} under Hidden MM tab
[09:45] {Threei} ISB = INET Book
[09:45] {Threei} ARB = ARCA Book
[09:45] {Threei} BPB = BATS Book
[09:45] {Threei} GAB = EDGA Book
[09:45] {Threei} GXB = EDGX Book
[09:45] {Threei} NYB = NYSE Open Book
[09:45] {magoo} CRAP
[09:46] {Threei} no such symbol
[09:46] {magoo} slaop the shit out of me
[09:46] {magoo} SORRY GUYS
[09:46] * BillyD slaps magoo around a bit with a large trout
[09:46] * BillyD slaps magoo around a bit with a large trout
[09:46] {BillyD} :)
[09:46] * bruce slaps magoo around a bit with a large trout
[09:46] * bruce slaps magoo around a bit with a large trout
[09:46] * bruce slaps magoo around a bit with a large trout
[09:47] {bruce} not to be outdone by billy
[09:47] {bruce} can slap with the best of em
[09:47] {BillyD} hehe
[09:47] {bruce} majopr tricky day
[09:48] {bruce} I'm putting in my order for two of those + .60 trades right now vad
[09:48] {bruce} taking break now though so don't post till I get back
[09:48] {patience} strong up day for me bruce, in gold scalps and currency options
[09:49] {bruce} cool patience
[09:49] {bruce} I'm green too
[09:49] {bruce} not much - but good to be green
[09:49] {patience} no kidding
[09:49] {magoo} wait bruce wAITT
[09:49] * magoo slaps bruce around a bit with a large trout
[09:49] {bruce} its easy for me
[09:50] {bruce} I just hold breath till I turn green
[09:50] {bruce} ah- the slap that refreshes
[09:51] {bruce} I din't know anyone here traded options
[09:51] {bruce} would be great if you could share some of your trading techniques on a quiet day patience
[09:51] {magoo} grmn may be good here
[09:51] {patience} i do options, but i adopted scalping approach to them, don't hold for more than day or two if that
[09:51] {bruce} k
[09:52] {patience} i look for momo, which is what i do best, then use vad's scalping approach
[09:52] {bruce} do you use options for some of the major stocks?
[09:52] {patience} only major stocks
[09:53] {bruce} k
[09:53] {bruce} I see stocks like goog make bigt moves daily
[09:53] {bruce} but huge expense to play
[09:54] {bruce} options might be good alernate strategy
[09:54] {patience} i don't buy the techs much except for very small timeframe scalping
[09:54] {bruce} k
[09:54] {bruce} and you use a sepaate trading account for thaqt?
[09:55] {patience} i have a number of accounts - different purposes, different markets
[09:55] {bruce} k
[09:56] {bruce} you're way ahead of me
[09:56] {bruce} still trying to learn to play stocks
[09:56] {bruce} back in bit
[09:56] {Threei} IDIX beyond belief
[10:00] {magoo} u think mkt goes up hard on big BEN speach vad?
[10:01] {magoo} or too obvious
[10:01] {Threei} it did,
[10:01] {Threei} and dropped all the way back
[10:01] {magoo} well, hes coming live now correct?
[10:01] {Threei} and returned to its meaningless up and down again
[10:05] {magoo} but now hes LIVE
[10:05] {magoo} as if he was dead before lol
[10:06] {Threei} lol
[10:10] {hawkfan4} SEED perking up vad
[10:10] {Threei} this one is momo in the making
[10:11] {Threei} sooner or later
[10:17] {dino} .
[10:20] {Threei} practically each statement by all these guys is coming from both sides of their mouth
[10:21] {Threei} why do they even bother to speak
[10:22] {dino} my point too vad, why bother, they just contribute to chaos.
[10:22] {Threei} and deepen state of confusion that was not too shallow to begin with
[10:23] {dino} cnbc on, vol. off, internet radio playing, thats the set-up
[10:31] {Threei} SOLF
[10:31] {Threei} getting its head up again
[10:32] {Threei} a bit stronger than market
[10:33] {Threei} no defin ite setup yet but keeping an eye in case it shapes up
[10:36] {Threei} NQ, now what?
[10:37] {dino} death
[10:37] {Threei} FED'S BERNANKE: TREASURY BACKED PLAN A VERY GOOD FIRST STEP - Q&A- Says cannot address mortgage one by one, must 'get up to scale'
[10:38] {Threei} someone needs to take a crayon from the kid, whoop his butt and send him to school
[10:38] {BillyD} where is he?
[10:38] {BillyD} I volunteer
[10:38] {Threei} I wish we knew
[10:41] {dino} hcls
[10:41] {dino} thin
[10:41] {dino} wsci
[10:48] *** Disconnected
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[10:55] {Threei} if with all this help we close red today, new wave of selling is coming tomorrow
[10:55] {dino} perhaps, 3i, perhaps.......
[10:56] {dino} although, shorts take them down today and early tomorrow, they will cover into close, imo. afraiad early cut
[10:56] {dino} but then again...anything can happen
[11:05] {Threei} look at NQ chart and tell me mule comparison was off base...
[11:06] {Threei} honwestly, I've rarely seen it that chaotic
[11:11] {dino} omri
[11:12] {dino} fda approval
[11:12] {dino} gme l .65
[11:12] {Threei} - The approval of the general hemostasis in surgery indication is based on the submission of clinical data related to three pivotal studies conducted in three different surgical procedures with
[11:14] {dino} nnds crash
[11:16] {Threei} YHOO
[11:16] {Threei} 24 long
[11:16] {magoo} yhoo slow?
[11:17] {Threei} depends
[11:17] {Threei} if loses 23.90 not interested
[11:19] {magoo} big mkt spike
[11:19] {Threei} #7
[11:21] {Threei} 6 previous ones were followed by just as big drops
[11:22] {magoo} what? u never heard of lucky sevens?
[11:23] {Threei} ETFC frenaied buying
[11:25] {Threei} what does it even mean?
[11:27] {dino} imagination
[11:34] {BillyD} drroy at hod, but overall hard to be entuisiasctic across the board
[11:34] {BillyD} DROOY
[11:36] {Threei} ETFC feels like dynamics change
[11:36] {Threei} not a hopeless selling anymore
[11:37] {magoo} is that correct symbol?
[11:37] {Threei} yes why?
[11:37] {dptl} out yhoo +.14 ty
[11:38] {magoo} not much movre to call hopeless
[11:38] {Threei} welcome
[11:46] {dptl} is .20 another entry yhoo?
[11:47] {Threei} in today's market, no confidence
[11:47] {dptl} ok
[11:47] {Threei} continuation and follow through were in high demand today
[11:47] {Threei} and very slim supply
[11:48] {Threei} but overall... there is some underlying feeling that mood is changing
[11:50] {bruce} aybe it's those little blue pills vad?
[11:50] {Threei} most likely
[11:51] {bruce} happy pills
[11:51] {bruce} it's OK to post your next .60 winning trade anytime now vad
[11:53] {bruce} cphd had nice run
[11:56] {Threei} OK, YHOO
[11:56] {Threei} looks worth a try now
[11:56] {dptl} in.21
[11:57] {dptl} stop?
[11:57] {Threei} I'd keep .14
[11:57] {dptl} ok
[11:57] {Threei} let it be tight
[11:57] {Threei} kind of "work right away or I don't want you" trade
[11:59] {bruce} in that case .30 exit target or so?
[12:00] {Threei} it did hit .30 quickly... looked good for a few more
[12:00] {bruce} agreed
[12:00] {bruce} damn pos
[12:00] {dptl} stopped
[12:01] {bruce} same dp
[12:01] {bruce} nice small stop though
[12:01] {dptl} yep
[12:02] {dino} back in 10
[12:02] {bruce} worth trying a bounce in yhoo - .05 or so vad?
[12:02] {bruce} wb dino
[12:02] {Threei} yes if NQ shows reversal to the upside
[12:06] {Threei} GRMN .85 break small shares
[12:07] {Threei} if stays above .50
[12:09] {magoo} in
[12:09] {Threei} mood IS changing
[12:10] {bruce} you take the red pills for mood change vad
[12:10] {bruce} out grmn +.15
[12:10] {bruce} no guts
[12:11] {Threei} had a chance on YHOO entry?
[12:11] {Threei} I didn't watch it at the moemnt, don't know if it was more or less readable
[12:11] {bruce} bid 07 but didn't get
[12:12] {magoo} oiut .03 TY
[12:16] {bruce} ilmn double bottom dino
[12:18] {BillyD} DROOY holds well
[12:18] {dino} or breakdown?
[12:19] {dino} its wicked
[12:19] {bruce} was just thinking same
[12:19] {Threei} if loses 70, should crash and burn
[12:19] {bruce} breakdown looks more likely dino
[12:26] {BillyD} watching ILMN....those .40 spikes too much
[12:27] {Threei} {ILMN} my middle name is Spikey
[12:27] {BillyD} lol
[12:27] {bruce} thinking short ilmn at .50 w .30 stop
[12:27] {BillyD} ?
[12:28] {magoo} it wouldn't lose 70 pre mkt
[12:28] {Threei} ETFC
[12:29] {bruce} thanks mags
[12:29] {dino} out gme .89, +.24
[12:29] {BillyD} bruce you meant a }30 stop right
[12:29] {BillyD} .30
[12:30] {bruce} I meant entry short at 70.5 w stop at 70.8
[12:31] {BillyD} took me a while but I got it :)
[12:33] {bruce} mags is right though - w premarket support at 70 trade not worth taking
[12:33] {magoo} grmn read vad?ILMN long vad?
[12:33] {Threei} nope
[12:35] {Threei} ETFC maybe
[12:35] {magoo} whats potential?
[12:35] {magoo} BIG lot}?
[12:36] {Threei} if for scalp, yes... but I start thinking it may be worth taking usual lot on poullback and holding into torrow
[12:37] {dino} torrow?
[12:37] {Threei} sigh
[12:37] {Threei} +mo
[12:37] {dino} lol
[12:38] {bruce} too many happy pills dino
[12:38] {dino} switch to tequilla
[12:38] {bruce} he needs em w mags heckling
[12:38] * bruce slaps magoo around a bit with a large trout
[12:39] {Threei} and SEED, if market rallies... this thing is 11-12 bound
[12:39] {Threei} but I am venturing ionto Roman's territory
[12:39] {Threei} and is likely to get slapped by him
[12:42] {Threei} noticed the senetnce 'I is likely"? and Raven thought I could not possibly hit new lows grammar wise
[12:43] {Raven} pathetic
[12:43] {BillyD} R...are you lurking
[12:43] {Threei} and beyond
[12:43] {Raven} define your terms, BD
[12:44] {dino} raven w/attitude, oo, ohh
[12:44] * Raven slaps dino around a bit with a large trout
[12:44] {BillyD} never see you much anymore and I think Vad is talking to himself and there you are :)
[12:44] {Raven} lol
[12:44] {dino} lol
[12:44] {Raven} always watching, waiting
[12:44] {BillyD} rofl
[12:44] {Chaeron} I thought Ravens weren't predatory species... :)
[12:45] {Raven} opportunists, Ch
[12:45] * Chaeron renames Raven to Peregrine
[12:45] {Threei} you are not very good at botany, chaeron
[12:45] {Raven} lol ... too damn slow for that
[12:45] {Chaeron} 3i, lol
[12:45] {Raven} sigh
[12:46] {magoo} ravens ear road kills correct?
[12:46] {bruce} lol - botany isplants vad
[12:46] {magoo} ear=eat
[12:46] {dino} rbcn
[12:46] {Raven} fresh ones, magoo
[12:46] * Chaeron slaps magoo around a bit with a large trout
[12:47] {Threei} bruce... do I have to add "tongue deeply in cheek"? :)
[12:47] {dino} easy!
[12:47] {bruce} raven could be a dandelion
[12:48] {bruce} a dandy lion
[12:48] * Threei removes himself from trout trajectory
[12:48] {Raven} hmmm
[12:48] {Raven} dandy lion ?
[12:48] {Raven} perhaps
[12:48] {bruce} keeping us safe from vads language abuse
[12:48] {dino} good looking one i guess
[12:48] {Threei} it's just a weak try to avoid the imminent trouting by him R
[12:49] {bruce} lol
[12:49] * bruce slaps Raven around a bit with a large trout
[12:49] * bruce slaps Threei around a bit with a large trout
[12:49] {bruce} beat you both to punch
[12:49] {Threei} ah... offence is the best defence eh?
[12:49] * Raven slaps bruce with some aged road kill
[12:49] {magoo} really?
[12:49] * magoo slaps Threei around a bit with a large trout
[12:50] {bruce} bruce feeds road kill to his dogs
[12:50] {bruce} thanx raven
[12:50] {Raven} dogs barf it up
[12:50] {BillyD} lol
[12:50] {Raven} in bruce's chair
[12:50] {bruce} there goes ilmn billy
[12:51] {Threei} I am a peaceful citizen
[12:51] {BillyD} room was peaceful few minutes ago....hmmmm
[12:51] {BillyD} not yet bruce
[12:51] {Raven} will be peaceful in 9 minutes too
[12:51] {bruce} at .50 would have worked
[12:51] {Threei} I am a peaceful citizen... but my armored train is on a spare track
[12:51] {bruce} but my stop a bgit too narrow
[12:52] {BillyD} it's a tough one as vad says about Spikey
[12:52] {bruce} yes
[12:52] {magoo} ILMN @ 70
[12:53] {bruce} take off half here
[12:53] {BillyD} ETFC sells more than like here
[12:53] {bruce} and look for bigger drop in ilmn
[12:53] {bruce} that out of din's playbook
[12:53] {bruce} trying to learn how to do thoes
[12:54] {magoo} unbelievavble support at 70
[12:54] {bruce} \agreed mags - trde not worth tying on acount of that
[12:56] {dino} bruce, just add a buck to where you think it should go/hold, then wait. lots don't fill
[12:56] {bruce} k dino
[12:56] {Threei} amazing
[12:57] {Threei} finishes at 70 yet still holds
[12:57] {Threei} I'd say, toughest day since July
[12:57] {BillyD} wow
[12:58] {dino} hlcs stopped major slipped -.40, should've been -.24
[12:58] {Threei} didn't hjave that much troubles reading the move entire fall
[12:59] {Threei} and even august being what is was easier than today
[12:59] {dino} off my screen hlcs
[12:59] {BillyD} overall mkt move along with individual moves?
[12:59] {Threei} just in time dino
[12:59] {Threei} now you have 1 min to replace it with something else
[12:59] {Threei} everything billy
[12:59] {BillyD} ok
[12:59] {Threei} market, individual stopcks
[13:00] {Threei} nothing made any sense, nothing obeyed any pattern
[13:00] {dino} nnds overnight, sm
[13:00] {Threei} just one of those days
[13:00] {dino} thx all, 4 in a row, appreciate some great ideas
[13:00] {Threei} thank you all
[13:00] {Threei} have a good evening, see you tomorrow
[13:00] {BillyD} bye all
[13:00] {dptl} have a good evening all
[13:01] {bruce} night all
[13:01] {magoo} night all
[13:01] {bruce} time for me to get to work
[13:01] {dino} gotta hop, coahing son's basketball team

Wednesday, January 9, 2008

January 9, 2008

Session Time: Wed Jan 09 00:00:00 2008

[08:29] {Threei}Good morning people
[08:30] {hawkfan4} good morning Vad :)
[08:31] {Threei}hawk :)
[08:31] {Threei}wow.. ETFC back from dead or what
[08:32] {hawkfan4} wow, don't see news
[08:33] {hawkfan4} oh wait, there is news
[08:33] {Threei}06:00am [ETFC] Establishes special committee to reduce risk in real estate portfolios
[08:33] {Threei}{shrug}
[08:33] {hawkfan4} 09-Jan-08 06:15 ET In Play E*TRADE reports initial progress of turnaround plan; says sold additional $3.0 bln of mortgage-backed securities and bonds (2.25 ) :
[08:38] {BillyD} morning vad, hawk
[08:38] {hawkfan4} morning billy
[08:38] {Threei}Billy :)
[08:38] {magoo} mornink comrades
[08:39] {Threei}magmeister
[08:40] {magoo} while watching ISIS today..lets remember it can be shorted
[08:41] {magoo} although..who knows?
[08:41] {magoo} prxi cut in half
[08:42] {Threei}yeah... you know how hesitant I am to short first day runners
[08:43] {magoo} yup
[08:43] {Threei}when they become old news and run out of gas, sure
[08:43] {Threei}too often we see them defying all the common sense and gravity on a first day
[08:51] {Threei}NASDAQ is down 8 days with 0ne up day inbetween, and even that was up bu what, 3 points NQ
[08:52] {dptl} good morning all
[08:52] {Threei}dp :)
[08:52] {magoo} dp:)
[09:00] {Threei}so far I don't see "hero of the day"
[09:00] {cosmo} QLGC?
[09:01] {Threei}06:15am [QLGC] Update: Guides Q4 EPS $0.27-0.28 v $0.24e, R $155-157M v $149.7Me
[09:01] {cosmo} .. who knows
[09:02] {Threei}BELM
[09:02] {Threei}GUIDES Q4 R$1.08-1.1B V 1.01BE
[09:04] {Threei}son's report from Singapore:
[09:04] {Threei}people actually drive in their designated lanes.
[09:04] {Threei}after everywhere we've been, that's somehow creepy
[09:05] {cosmo} they 'cane' bad drivers maybe
[09:05] {cosmo} kane?
[09:06] {Threei}trout?
[09:07] {Threei}I don't see news DNDN
[09:09] {Threei}6.18 premarket high
[09:12] {esemde} good morning rt's
[09:12] {Threei}ese :)
[09:13] {esemde} morning Vad
[09:14] {cosmo} QLGC 14.50 resistance
[09:14] {cosmo} ETFC
[09:14] {Threei}this big offer at 5.99 on DNDN can be of help
[09:15] {cosmo} 2.65 pre mkt high ....etfc
[09:15] {Threei}if it opens between 5.90 and 6, then takes out this offer will be long
[09:16] {Threei}TASR's IQ is questioned
[09:16] {dino} gm all
[09:16] {Threei}dino :)
[09:18] {Threei}anyone missed feds speeches lately?
- There will be a prepared text and Q&A with the audience and the media.
[09:18] {Threei}- reminder: in his last public comments, on Nov 30, Poole said:
[09:18] {Threei}- Economy should not suffer to punish speculators; Fed Members must be ready to act contrary to Market expectations
[09:18] {dino} prxi, beats, drops, cfo resigns, hmmm
[09:18] {lumdus} morning all.
[09:18] {lumdus} 3i dcc
[09:18] {Threei}- Stable economy provides no guarantee that businesses, households protected from failure, policy should not be seen as bailing out markets
[09:18] {Threei}- Says responsibility to alleviate market, says when further rate cuts would ease financial turmoil, always approporiate for Fed to discuss, notes it is 'just not true' that Fed eases policy systematically when stock market drops, 1987 the exception
[09:18] {Threei}- Notes policy actions not to prevent losses from subprime but to restore market processes and normal functioning financial markets are crucial to economic growth,
[09:18] {Threei}- Says stock prices may be cushioned as a byproduct of policy
[09:20] {esemde} ya......thats what i was gonna say......
[09:23] {Threei}they get cushioned last couple weeks alright
[09:24] {Threei}smothered is more like it but I guess it's just a matter of wording
[09:29] {esemde} should be some bounce plays in solar CSIQ for one...
[09:32] {Threei}SEED
[09:32] {dino} risky, l meli .60
[09:33] {BillyD} volumes light
[09:33] {BillyD} overall
[09:33] {bruce} apol dino
[09:34] {dino} watching, pretty big beat last night
[09:35] {Threei}mags... ISIS is not shirtable anymore
[09:35] {magoo} what about "shOrtable?"
[09:36] {dino} fslr
[09:36] {bruce} meli stop dino?
[09:36] {BillyD} that sometimes happens premkt it is and then it isn't
[09:36] {magoo} the broker actually have to have it in inventory to short?
[09:37] {Threei}yes
[09:37] {cosmo} prxi
[09:37] {magoo} whats a "naked short"?not inventory
[09:37] {Threei}yes
[09:37] {magoo} man, continued pain in BIDU
[09:38] {Threei}CSIQ half lot long
[09:38] {BillyD} entry?
[09:38] {Threei}stop under 24.90
[09:39] {bruce} out meli + .40
[09:39] {Threei}don't chase above .20
[09:39] {Threei}was right then and there
[09:40] {Threei}anyone got it so I know whether to monitor and comment?
[09:40] {magoo} i missed
[09:40] {magoo} seed
[09:41] {Roman} 21 long IDIX
[09:43] {magoo} what entry u get on CSIQ?
[09:43] {Threei}.20
[09:43] {Threei}there was some wierd hiccup in SEED quotes
[09:43] {Threei}kept me from calling entry
[09:43] {magoo} me too
[09:43] {Roman} 21 AKNS
[09:43] {Roman} 21 long setup
[09:43] {Threei}anyone saw it or was it just my issue?
[09:43] {Roman} 21 small
[09:44] {magoo} i saw
[09:44] {Threei}OK
[09:45] {bruce} Roman - thanx for all your calls last week while vadster was away
[09:45] {Roman} 21 yw
[09:46] {Threei}9.80 yes high SEED
[09:46] {Threei}may become today's momo if breaks
[09:46] {magoo} u in SEED?
[09:46] {dino} gs, rimm not following
[09:46] {Roman} 21 CROX
[09:46] {Roman} 21 bounce play
[09:47] {dino} gs sm l .50
[09:47] {Threei}very risky one SEED, see if you can get a feel of momo
[09:47] {magoo} u in SEE?D
[09:48] {Threei}I take the Fifth
[09:48] {BillyD} if holds .60 area ..a good sign imo
[09:48] {magoo} where'd u take the fifth?
[09:48] {dino} merli stop is .01
[09:49] {bruce} I'm out dino - thanx
[09:50] {lumdus} so what are we in ?
[09:50] {lumdus} i am out crox. tx roman
[09:51] {Threei}DNDN
[09:51] {Threei}6.03 long 5.94 stop
[09:52] {dino} out meli .25, +.65
[09:52] {magoo} mkts jitery
[09:52] {bruce} congrats dino
[09:53] {dino} ty
[09:54] {Threei}SEED .40 closest support, see if it comes close and shows strength for entry
[09:54] {BillyD} arca quotes all messed up
[09:54] {magoo} yes, quotes stink
[09:55] {BillyD} there just delayed
[09:55] {Threei}in
[09:55] {magoo} in
[09:55] {dptl} in.44
[09:55] {dptl} stop?
[09:56] {Threei}there won't be any stop
[09:56] {magoo} OY
[09:56] {Threei}OK, just kidding... keep it under .30
[09:58] {Threei}if breaks .60, move to under .40
[09:58] {esemde} bstop SUNH .98....risky
[09:58] {Threei}I mean "when" breaks .60
[09:59] {dptl} i am out +.15 ty
[09:59] {Threei}half out
[09:59] {Threei}want to see if it can break .80 and become a real deal
[10:00] {Threei}mags, protect some profit
[10:00] {dino} morn l .96
[10:00] {Threei}don't be maximalist
[10:00] {magoo} ok
[10:00] {dino} stop lod
[10:00] {dptl} dndn still valid?
[10:00] {Threei}entry was as perfect as it gets, can't let it slip away
[10:01] {Threei}not sure DNDN... lost support, not much enthusiasm...
[10:01] {dptl} ok
[10:01] {dino} out gs 189.60, +1.10
[10:02] {BillyD} nice dino
[10:02] {Threei}BMRN
[10:02] {Threei}.81 long
[10:02] {Threei}half lot
[10:02] {esemde} long SUNH ,99
[10:02] {Threei}stop .65
[10:03] {lumdus} in hal
[10:03] {dino} ty bd
[10:03] {magoo} IN
[10:04] {dptl} in bmrn
[10:05] {Threei}stop to .69
[10:05] {esemde} nothing but air above this one....3year high
[10:05] {dino} stopped morn nf'ing slippage, -.35
[10:05] {Threei}SUNH ese?
[10:05] {esemde} yes
[10:05] {magoo} magoo smacking SEED in rear with 2x4
[10:06] {esemde} stop to 18,00
[10:06] {dptl} out bmrn +.15 ty
[10:06] {BillyD} out 1/2 BRMN +.13
[10:06] {Threei}1:1
[10:06] {Threei}welcome
[10:06] {BillyD} ty
[10:07] {esemde} sorry that stop to 17.90
[10:08] {BillyD} out rest BRMN +.18 and }27
[10:09] {BillyD} typo
[10:09] {BillyD} .27
[10:09] {dino} gj
[10:09] {BillyD} ty
[10:11] {Threei}what happened to GRMN
[10:11] {bruce} its going down vad
[10:11] {dino} same that happened to the other hi-flers
[10:11] {Threei}you don't say
[10:12] {bruce} indeed
[10:12] {magoo} out here BMRN .23TY
[10:12] {dino} couple downgrades yesterday, today, know, the efficeincy if the market
[10:12] {Threei}and I like their GPS... so much for "like the product - buy the stock" theory
[10:12] {BillyD} nice BRMN find Vad
[10:13] {Threei}even blind chicken...
[10:13] {Threei}out in full here
[10:13] {magoo} their gps has saved magoo's ass on occassion in the "big woods"
[10:13] {dino} although, maybe a nice bounce in here somewhere
[10:13] {BillyD} lol
[10:13] {Threei}and mine in San Diego concrete jungle, magoo :)
[10:13] {lumdus} out bmrn .29
[10:13] {magoo} both skerry lol
[10:13] {lumdus} 1/2 lot out
[10:13] {Threei}lol
[10:14] {Threei}good job lum
[10:14] {lumdus} other 1/2 i wait for
[10:14] {Threei}aren't you greedy one, lol
[10:14] {Threei}trail stop
[10:14] {Threei}don't let it go under 40 on you
[10:14] {dino} aapl l sm, wide
[10:15] {Threei}treat stock that went in your favor as your personal ATM - there is no way you lose money to ATM, right?
[10:15] {dino} .35'
[10:15] {Threei}you may take money out or not, but not lose
[10:15] {magoo} er, um, vad, it kept my card once
[10:15] {Threei}hmmm... what, you don't carry axe with you at all times???
[10:16] {lumdus} sto 40.19
[10:16] {magoo} i did look into camera and said a few explicatives
[10:16] {Threei}come on man... some things you simply don't leave your house without
[10:16] {Threei}ax being one of those
[10:18] {Threei}lum, if I were you... .15 is where I would move stop to
[10:19] {dino} grmn going for double bottom?
[10:19] {Threei}maybe, but confirmation level is way too far for my taste
[10:21] {Threei}deep wisdom is coming:
[10:21] {Threei}FED'S POOLE: SAYS CANNOT PREDICT OR EXPLAIN EXCHANGE RATES- In the long run the USD will reflect strength of US economy
[10:21] {dino} now why do you have to be that way?, :)
[10:21] {Threei}lol
- Investment professionals have made many mistakes.
[10:22] {Threei}- Notes economic fundamentals remain strong, and turmoil wil take a while to play out.
[10:22] {Threei}RIMM
[10:22] {Roman} 21 damn flippers destroyed US ecomomy
[10:22] {Threei}96 breakdown is short, small shares
[10:22] {Threei}lol Roman
[10:23] {liranm} Rimm stop?
[10:23] {Threei}don't touch it liran... RIMM is a stock that requires RIMM-specific skill
[10:23] {Threei}if you never played it, stay away
[10:23] {liranm} OK
[10:24] {magoo} f#cking quotes bads
[10:24] {dino} nice call rimm
[10:24] {magoo} missed rimm entry
[10:24] {Threei}this is example of "if you have to ask"... :)
[10:24] {magoo} my level lagging bad
[10:24] {Threei}hmmm
[10:24] {Threei}looks fine here
[10:24] {Threei}RIMM at least is ticking like clock
[10:24] {magoo} gggggrrrrrrrrrrrrrrr
[10:24] {BillyD} seems ok here
[10:24] * magoo slaps BillyD around a bit with a large trout
[10:25] {bruce} same mags
[10:25] {BillyD} other than a few arca delays
[10:25] * magoo slaps bruce around a bit with a large trout
[10:25] {Threei}anyone went for RIMM{ feel free to be out
[10:25] {dptl} ahhh should of stayd rimm.... ty
[10:25] {magoo} made my day if RIMM had filled
[10:25] {Threei}you scalped?
[10:25] {dptl} yes
[10:26] {Threei}don't be upset... you know RIMM
[10:26] {dptl} ye s
[10:26] {dino} l grmn .95 riskyyyyy
[10:26] {Threei}takes just a blink to find yourself in (insert your favorite expletive)
[10:26] {BillyD} pretty much feel play on RIMM Vad?
[10:27] {bruce} what made 96 a short breakdown for you vad?
[10:27] {BillyD} I see the 96 setup
[10:27] {Threei}mix of feel, market cooperation, technical support to break and knowing how RIMM tends to trade
[10:27] {BillyD} I wasn't sure of reliable stop area
[10:27] {Threei}there was none
[10:27] {BillyD} whewww
[10:28] {Threei}closest resistance was 96.50
[10:28] {BillyD} yeah
[10:28] {Threei}too far to serve as a stop
[10:28] {BillyD} were you watching it for a bit for feel
[10:28] {Threei}actually, knowing the way RIMM trades shorting bounce into it was the best way
[10:28] {dino} stopped -.45
[10:28] {Threei}but it happened so fast, I couldn't even type the comment in time
[10:29] {esemde} out SUNH at 18.06
[10:29] {esemde} decided not to wait for stop to be hit
[10:29] {esemde} +,07
[10:29] {bruce} I can't see the setup - looks like itcould have gone either way at 96
[10:29] {dino} major rinse
[10:29] {BillyD} it could have bruce
[10:30] {BillyD} Vad just played his feel
[10:30] {bruce} would be nice to learn to trade those fast movers billy
[10:30] {Threei}DOE CRUDE: -6.7M V -1.2ME; GASOLINE: +5.2M V +1.6ME; DISTILLATES: +1.5M V +1ME; UTILIZATION: % V 89.5%E
[10:30] {BillyD} only way for me is to watch them first for feel....not able to just pull up and determine
[10:31] {dino} same bd
[10:32] {bruce} akns - any read vad - looks short
[10:32] {BillyD} unless it has a solid setup structure with stop...then maybe.....normally lean to side of watching first
[10:35] {magoo} vad, u still in seed?
[10:35] {BillyD} nice spot bruce on AKNS...not available here
[10:36] {bruce} thanx billy
[10:36] {Threei}mags, took stop but reentered half lot
[10:37] {Threei}couldn't resist 9.30
[10:37] {magoo} ok, nice, i stilkl got half
[10:37] {Threei}scary way to play'em
[10:39] {dino} meli l .94
[10:40] {bruce} amzn dino
[10:40] {BillyD} Vad, what was your reason for .15 stop to lum on BMRN as stop...the 10:13 bar?
[10:41] {BillyD} or .19 likely to touch it if in area
[10:41] {dino} should bounce, but i always have trouble w/it. kind of magoo's baby
[10:41] {dino} amzn that is
[10:41] {bruce} k dino
[10:41] {bruce} looks to me close to reverse
[10:43] {Threei}billy, that, and 10:19 bar that bottomed out at .19
[10:44] {BillyD} I see noe
[10:44] {BillyD} now
[10:44] {lumdus} are we in anything now ?
[10:44] {Threei}nope
[10:45] {lumdus} good. need to regroup myself here
[10:45] {lumdus} i like klac what you think ?
[10:45] {esemde} long PRFT half lot 16 89 risky
[10:46] {esemde} stop .60
[10:46] {bruce} stra dino
[10:46] {Threei}KLAC looks reasonable
[10:46] {Threei}needs market help
[10:47] {esemde} i like the looks of that Vad
[10:47] {Threei}strong, nice consolidation... the only reservation about it is,
[10:48] {Threei}it's unlikely to go without NQ help, and NQ being what it is lately is not very good helper
[10:48] {esemde} indeed
[10:48] {lumdus} tx vad
[10:48] {Threei}SEED taking .50 again is nice sign mags
[10:49] {dino} dk stra
[10:49] {magoo} big offer .60and .70
[10:49] {Threei}hard to tell if it gains traction again for a serious break, but chance is there
[10:49] {magoo} eat .60 would help
[10:50] {Threei}going up over 10 would help even better {G}
[10:50] {magoo} ah..i agree
[10:51] {Threei}Roman's IDIX is honestly trying
[10:51] {BillyD} BMRN flirting with more here
[10:52] {esemde} stopped .60 PRFT *&%&^*&^^&&^$#$!
[10:53] {Threei}KLAC held nicely
[10:53] {magoo} entry?
[10:53] {lumdus} some reversal here ?
[10:53] {lumdus} magoo i got in .5
[10:53] {lumdus} .55
[10:54] {magoo} ok..good entry
[10:56] {dino} out meli .25, +.31
[11:00] {dino} sm l spwr 112.00
[11:07] {dino} wo0w drys
[11:09] {lumdus} s t
[11:10] {bruce} continued weakness in akns
[11:10] {dino} stopped spwr
[11:13] {lumdus} out t +.32
[11:14] {dino} pery strong
[11:17] {Roman} 21 out IDIX
[11:18] {Threei}nice one
[11:18] {Roman} 21 damn real estate speculators
[11:19] {Roman} 21 punks
[11:19] {Roman} 21 we have 2 in this room - not pointing fingers
[11:19] {Threei}back in SEED, half lot
[11:19] {dino} maybe it was the damn bankers
[11:19] {Threei}stop under 9
[11:20] {Roman} 21 :)
[11:20] {dino} hey, i made money on my flips, 18% in oct, and unfortunately in two weeks 10%
[11:21] {Threei}be afraid dino... Roman is boiling with righteous indignation and prepared a pillow to smother each and every RE speculator he comes across
[11:22] {Roman} 21 i am pissed i caught a falling knife on WM swing
[11:22] {dino} i'll tell you what, the multi-family units in this area are the price of a car/unit, not too bad imo. thats when i started 10+years ago
[11:22] {dino} theres money to be made, rents easily carry mtg
[11:23] {Threei}I say cars are horribly overpriced
[11:23] {Roman} 21 teach me dino how to make money in Real Esate
[11:23] {Roman} 21 i am signing up for seminar
[11:23] {dino} lol, you already know how i suspect
[11:24] {Roman} 21 i am real-estate flipper wannabe
[11:24] {Threei}carlton sheest will help you roman
[11:24] {BillyD} free set of sheets w/ every attendee
[11:24] {Threei}(at least that's what two last batches of spam e-mails told me)
[11:25] {Roman} 21 want to work 2 hours day and making a killing - REAL ESTATE is the answer
[11:25] {Roman} 21 chilling on the beach watching Brazilian girls all day - that's what i want to do
[11:25] {Threei}wow... you are a workaholic... I don't want to work at all
[11:26] {Roman} 21 get a Yatch
[11:26] {lumdus} why we back in seed ?
[11:26] {dino} rfr, keep this in mind, when unit cost is about the price of a 25-30k car, something, imo, is wrong.
[11:26] {Roman} 21 here in north miami you still can't get anyting decent under 300k
[11:26] {BillyD} dino, is the the current value now
[11:26] {Roman} 21 2 bed 2 back with a decent view
[11:26] {Threei}because it came back close to support, making stop tight enough, and showed signs or strength
[11:27] {Threei}or = of
[11:27] {dino} yes bd
[11:27] {lumdus} ok, tx
[11:27] {BillyD} pretty inexpensive considering rent potential
[11:28] {dino} indeed
[11:28] {BillyD} take those all day
[11:30] {dino} wow fslr down about 50 pts in 5 days
[11:35] {Threei}and still no signs of bounce in sight
[11:36] {lumdus} max i could short in fslr was 10 shares .. :)
[11:36] {dino} nov. it hit 200
[11:37] {lumdus} i shorted crox at 27.71 got only 100 filled. crap
[11:37] {dino} gj
[11:37] {lumdus} it was trading .73 when i hit the button. don't like that
[11:38] {Threei}looks like bounce time for FSLR
[11:39] {lumdus} tx 3i, i don't cach falling knives anymore. someone else needs to do that job
[11:39] {Threei}panic selling
[11:42] {bruce} thats for dino lum
[11:43] {lumdus} yes, i know bruce. just making the comment for myself
[11:43] {lumdus} mlnm going
[11:43] {BillyD} reading "Praticing the Power of Now".....much more concise and
[11:43] {lumdus} short mlnm 15.05
[11:43] {dino} good, i started the other and have to say, losing my attn
[11:43] {lumdus} i need some panic there so i can pay for lunch now
[11:44] {BillyD} yes dino, this one much better
[11:44] {dino} fed. emergency mtg, raises rates, let's kill them all...:)
[11:44] {BillyD} you get the meat
[11:45] {lumdus} mlnm too slow for me. needs to move down harder.
[11:46] {lumdus} ok, mlnm 1:1 about to get the heck out
[11:46] {lumdus} .94 stop on mlnm
[11:47] {dptl} brcm?
[11:47] {lumdus} no, mlnm
[11:47] {lumdus} lunch time for me - bye
[11:47] {Threei}tough one dp
[11:48] {dptl} looks like dbl btm
[11:48] {Threei}unless NQ breaks down again
[11:48] {dptl} ye true
[11:51] {Threei}sky is falling yet?
[11:52] {Threei}FSLR becomes hard to resist
[11:55] {Threei}see BRCM dp?
[11:55] {dptl} yes
[11:56] {Threei}this is typical "skill to stay on a sideline" moment
[11:56] {dino} yes
[12:02] {bruce} celg - any read vad?
[12:02] {Threei}UN: SEES US GROTH 2% IN 2008, 2.5% IN EU, 1.7% IN JAPAN, AND 3.4% WORLDWIDE
[12:02] {Threei}b reakout play
[12:02] {Threei}hard to define stop on it though
[12:03] {Threei}I'd stay away bruce
[12:03] {Threei}just not clear enough
[12:03] {bruce} k - thanx
[12:03] {Threei}and not really market for breakouts
[12:04] {dino} rimm l .50, sm
[12:04] {bruce} k
[12:08] {Threei}good one dino
[12:09] {dino} out rimm .99, +.49
[12:09] {dino} ty, lucky, it's lagging all day
[12:10] {dino} same w/gs
[12:11] {Threei}watching ISIS for bounce scalp
[12:12] {dino} man, fslr we chickened out on
[12:12] {Threei}I grabbed a scalp... but didn't have heart for real move
[12:13] {dino} i didn't have the b#lls, lol
[12:15] {Threei}can't blame you really... this one is tenfold scary vs RIMM
[12:15] {Threei}as if RIMM wasn't scary enough
[12:15] {dino} will only do 200 on fslr
[12:15] {BillyD} I think you really like the challenge Vad
[12:15] {dino} rimm just 300
[12:15] {Threei}I am adrenalin-deprived
[12:16] {BillyD} I think you are just good at what you do
[12:16] {dino} knocking meli
[12:16] {Threei}it was just impossible to resist around 209
[12:17] {Threei}but I need to learn to faint in such cases... and come out of it when it's up 5-6 points :)
[12:18] {Threei}otherwise scalpers instincts take over
[12:19] {Threei}telling myself, keep it, you got a great one and yout stop is ridiculously small for such a stock
[12:19] {Threei}self says, you are crazy, you got point and half, take it and go home
[12:19] {BillyD} oh, the dialogue
[12:20] {Threei}yes... then cat comes in, looks at me questioningly... why is this piece of furniture talks to himself
[12:20] {BillyD} lol
[12:20] {Threei}then wife comes in, says "you are talking to yourscreens again? medication doesn't work or you forgot to take it?"
[12:21] {Threei}pressure from all sides, you see...
[12:21] {BillyD} yes, too many voices
[12:21] {Threei}and I don't even count little green men...
[12:22] {Threei}OK, ISIS
[12:22] {Threei}.51 long
[12:22] {Threei}if stays above .40
[12:22] {Threei}just a scalp most likely
[12:23] {dino} feels like novembers' market
[12:24] {dptl} in .51 isis
[12:24] {Threei}qwhy dp?
[12:24] {Threei}just pulling your leg... sorry :)
[12:25] {dptl} :)
[12:27] {dino} sm l rimm .20
[12:28] {dptl} nvda?
[12:29] {Threei}chart wise, long at .20 break... but the question is, do you trust market to move up more?
[12:29] {dptl} ok
[12:30] {Threei}let's trail ISIS to under .45
[12:30] {Threei}I'd expect more resolve from it on .50 break
[12:30] {Threei}it's still valid but I'd prefer to keep tighter lid on stops
[12:32] {Threei}was so tempted by SED at 8.80 and hesitated... whimp
[12:32] {Threei}SEED
[12:32] {dptl} stoped isis
[12:32] {BillyD} yes
[12:40] {esemde} ladies and gentlemen...have a great rest of the day
[12:40] {Threei}take care ese :)
[12:40] {esemde} see ya vad
[12:40] {patience} bye ese
[12:41] {Threei}MBRN held rather well
[12:41] {Threei}BMRN
[12:42] {Threei}no play unless NQ continue recovery
[12:43] {dino} rimm stopped -.35
[12:48] {bruce} rmbs long?
[12:48] {Threei}I don't see anything compelling on it bruce... may work, may not with the same chance
[12:49] {bruce} k
[12:49] {Threei}for all these stocks that mostly follow NASDAQ, I would like to see real NQ bounce first
[12:49] {dino} aaee
[12:49] {dino} aaww
[12:50] {Threei}what we have now is just a fibble technical recovery, not convincing by any means
[12:50] {Threei}NQ daily seems almost riped for sizeable bounce
[12:51] {Threei}but this "almost" may take many more stops if you atempt to forecast the moment of actual bottom
[12:51] {Threei}not the way I prefer to play it
[12:53] {Threei}SEED feels to me like momo in the making, tripped of general market selling
[12:53] {Threei}big bid at .10 appeared a few min ago and absorbed all the selling
[12:54] {BillyD} deep pullbacks last few days but recovers
[12:59] {dino} big bounce coming imo
[13:00] {Threei}BMRN
[13:00] {Threei}half lot long with .29 stop
[13:00] {BillyD} yes but where entry
[13:00] {Threei}on what?
[13:00] {dino} rimm l .00, sm wide
[13:00] {BillyD} BMRN
[13:01] {Threei}no exact trigger, take it as buying comes in as long as size of stop is acceptable
[13:02] {BillyD} all I needed

Tuesday, January 8, 2008

January 8, 2008

Session Start: Tue Jan 08 00:00:00 2008

Session Time: Tue Jan 08 00:00:00 2008

[05:37] {BillyD} morning RT
[05:40] {Threei} Good morning
[05:40] {BillyD} Vad :)
[05:41] {Threei} Billy :)
[05:42] {Threei} ISIS
[05:42] {Threei} big gap but pullback from high is getting decent too
[05:43] {Threei} Pharmaceuticals Inc Concludes strategic alliance with Genzyme; Company to be paid $325M upon closing in equity and cash
[05:43] {Threei} - Genzyme will pay Company $150M to purchase 5M shares of Company's common stock at $30/shr on Hart-Scott-Rodino clearance.
[05:43] {Threei} - Upon completion of final contracts, Genzyme will pay Company a $175M up-front license fee for mipomersen, the Company's lipid-lowering treatment for high-risk cardiovascular patients. In addition to this initial $325M, Company has the potential to receive signifi
[05:43] {Threei} significant milestone payments for mipomersen, which is currently undergoing Phase III trials. Once the product has been launched, the two companies will share profits
[05:43] {Threei} - Deal has up to $750M in potential commerical milestones.
[05:43] {Threei} - Genzyme will develop and commercialize mipomersen, and will have preferred access to future drugs for CNS and certain rare diseases.
[05:44] {hawkfan4} good morning all
[05:44] {Threei} hawk :)
[05:45] {BillyD} morning hawk
[05:45] {hawkfan4} Vad, Billy :)
[05:47] {magoo} morn
[05:48] {BillyD} magoo :)
[05:49] {dptl} good morning all
[05:49] {Threei} magoo, dp :)
[05:51] {magoo} genz is paying to ISIS vad?
[05:52] {Threei} sounds this way
[05:58] {dino} gm all
[05:58] {Threei} dino :)
[05:59] {esemde} morning RT's
[05:59] {Threei} ese :)
[06:00] {esemde} how was your first day back Vad......feel rusty
[06:00] {esemde} SBUX moving on my radar
[06:01] {dino} new ceo i think
[06:01] {Threei} profitable, so me is satisfied... as for rusty - I feel rusty 24/7/365
[06:02] {cosmo} i call it patina
[06:02] {Threei} but couple drops of WD40 in the morning do a miracle
[06:03] {Threei} no more sqeak in the knee or elbow
[06:05] {esemde} ISIS...Genzyme to license it's cholesterol-lowering treatment
[06:05] {esemde} up %48
[06:06] {Threei} was almost 23, and close to 30 yest after hours
[06:06] {magoo} u reading ISIS vad?
[06:07] {Threei} rather watching to see if it's readable
[06:09] {Threei} shortable btw
[06:09] {magoo} near 30 afterhrs?
[06:10] {Threei} yes
[06:10] {Threei} I guess that part in news talking about 30 per share was miscostrued as actual buyout
[06:29] {BillyD} .
[06:29] {Threei} good point
[06:29] {BillyD} want to make sure motor is running
[06:30] {magoo} watching fslr for a lil recovery
[06:33] {BillyD} ISIS is blistering
[06:33] {Threei} half lot long ISIS with stop under .40
[06:33] {Threei} lol, lost .40 before comment even went through
[06:37] {lumdus} maybe isis this leg down ?
[06:38] {bruce} hway dino
[06:38] {BillyD} tough one
[06:39] {lumdus} yeah, dough to read. maybe next dump i go in.
[06:39] {dino} hway dk, last two days jumpy
[06:41] {Threei} NVDA short with stop above 27
[06:41] {BillyD} here
[06:41] {lumdus} in isis 18.57 out 18.90
[06:41] {lumdus} tx vad
[06:41] {Threei} invalidated before showed weakness
[06:42] {esemde} out AMMD from yesterday .96 +.16
[06:44] {bruce} matk short?
[06:45] {Threei} if loses .40
[06:46] {bruce} sbux holdinghighs - long?
[06:47] {dino} vrus bit crazy last two days
[06:47] {Threei} SBUX .31 with .19 stop, yes
[06:48] {dino} meli l .49
[06:48] {BillyD} in SBUX .31
[06:48] {magoo} me too
[06:48] {dptl} in.31
[06:50] {Threei} sheesh
[06:50] {BillyD} out
[06:50] {dptl} out
[06:50] {Threei} wtf
[06:50] {lumdus} wow that was quick
[06:51] {magoo} ISIS vad?read on it?
[06:51] {bruce} drat -p worked over in sbux and missed matk
[06:51] {magoo} feels higher
[06:53] {Threei} no read mags
[06:54] {Roman} long CPST
[06:54] {Roman} 1.82 1/2 size
[06:56] {esemde} anyone thinking Long ISIS around .56
[06:56] {magoo} i am..but its risky..hl
[06:56] {esemde} anyone thinking long isis around .56
[06:57] {magoo} should go 20 area
[06:57] {esemde} I'll be with ya
[06:59] {esemde} hmmm maybe not
[07:00] {Threei} NOV PENDING HOME SALES (M/M): -2.6% V -0.7%E
[07:00] {Threei} JAN IBD/TIPP ECONOMIC OPTIMISM: 43.2 V 43.0E
[07:01] {esemde} LEAP into the picture......
[07:02] {esemde} nice play on words there
[07:03] {bruce} edge is STILL ending delayed quotes
[07:03] {BillyD} I have edge off permanently for my quotes
[07:03] {Threei} me too, got tired of weeding it out every day
[07:05] {BillyD} CYTR
[07:05] {BillyD} see no news
[07:05] {magoo} so do i
[07:06] {Threei} nice one CPST Roman, ty
[07:06] {Roman} yw
[07:06] {Threei} BMRN, half lot long .17
[07:06] {Threei} if stays above 39
[07:08] {BillyD} in .17
[07:09] {magoo} in .17
[07:09] {dptl} in.18
[07:09] {dino} meli out .26,
[07:10] {dino} +.77
[07:10] {Threei} you own this one dino
[07:10] {magoo} no he doesn't..sdold it
[07:10] {dino} lucky thats all
[07:11] {bruce} stop just under 39 for bmrn?
[07:11] {Threei} yes
[07:13] {Threei} IDIX?
[07:14] {Threei} I see no fresh news
[07:14] {Threei} 3 break loks interesting on daily
[07:15] {dino} drys l .50
[07:15] {Threei} am I cursed today or what?
[07:15] {Roman} looking long CSIQ
[07:15] {esemde} long SBUX .39
[07:15] {dptl} stoped bmrn
[07:16] {esemde} 1/2 lot
[07:17] {Roman} watching CSIQ if breaks 24.5
[07:20] {bruce} is qcom long break worth try - would prefer more volume in it
[07:21] {Roman} in CSIQ
[07:22] {Roman} small. 24.45 area
[07:24] {dino} out drys .68, +1.18
[07:24] {Roman} long CSUN
[07:25] {Roman} 14.10
[07:25] {dino} tough crowd huh magoo?
[07:25] {esemde} nice one Roman CSIQ
[07:25] {BillyD} gj dino :)
[07:26] {dino} ty bd
[07:29] {esemde} SBUX should make at least 21 i think...
[07:30] {magoo} dependsa on mkt imho
[07:30] {Threei} sure, it shook us out so skilfully earlier, why not
[07:30] {magoo} if reverses..down sbux goes
[07:30] {magoo} actually vad...i just vcut it .54
[07:30] {magoo} lol
[07:31] {magoo} go ahead and slap me
[07:31] {Threei} what, you decided blowing stops is a better strategy? :)
[07:31] {Threei} no need... market will
[07:31] {magoo} no..but it really didn't look bad to my "feel"
[07:32] {magoo} but, i did take your bmrn stop
[07:32] {magoo} and your first stop
[07:32] {Threei} first?
[07:32] {dino} s rok .24
[07:32] {magoo} u off to shaky start boss {as i run for cover}
[07:33] {Threei} nah, you stay, I go back to sleep
[07:34] {magoo} watching solf fior bounce
[07:34] {esemde} out SBUX .77 +.38
[07:34] {BillyD} wtg ese
[07:35] {esemde} tks
[07:35] {magoo} nice ES
[07:35] {patience} nice ese
[07:35] {dino} etg ese
[07:35] {esemde} made the 21 mark
[07:36] {dino} wtg
[07:36] {magoo} hey level 2 has a bad ARCAB quote all the time, any thoughts on it, like as in we ditched edge
[07:36] {Threei} kill it same way
[07:36] {magoo} well..i do not want to kill arcab do i?
[07:37] {dino} burn 'em all magoo, burn 'em all
[07:37] {Threei} if it has bad quotes you do... if not you don't...
[07:37] {Threei} I don't see wrong quotes on it
[07:38] {magoo} pull up bmrn
[07:38] {magoo} bmrn
[07:38] {magoo} 38.80
[07:38] {Threei} not here
[07:38] {Threei} ARCAb 38.99 right now
[07:38] {BillyD} not here
[07:38] {Threei} .98
[07:39] {Threei} none at .80
[07:39] {magoo} sheesh..i do stuill
[07:39] {magoo} server?
[07:39] {Threei} 17
[07:39] {BillyD} 7
[07:39] {magoo} weird still there
[07:39] {dptl} 14
[07:40] {magoo} oh well
[07:41] {magoo} i like solf long here .25
[07:42] {magoo} canx that
[07:43] {magoo} man..choppy out there
[07:44] {BillyD} yeah, just thinking...can't really see anything
[07:45] {lumdus} s esrx
[07:45] {bruce} amgn on radar dino
[07:46] {lumdus} esrx short 75.47 sto at b/e
[07:46] {dino} amgn raised guidance fwiw
[07:46] {lumdus} vad, esrx looks very weak ? i got that right?
[07:47] {bruce} nice play lum
[07:47] {dino} would've worked brucer, nice spot
[07:47] {lumdus} bruce, today i am trying to be very careful.
[07:48] {lumdus} damm, sold 1/2 lot and almost b/e on
[07:50] {dino} risky sm s vrus .00
[07:50] {lumdus} jbht might do it ?
[07:51] {bruce} wow - 70 c spread dino
[07:52] {lumdus} jbht low volume ach
[07:52] {Threei} ISIS long.76
[07:52] {Threei} stop under .70
[07:53] {dino} yeah, you know me, :), thats why small
[07:53] {dino} had it too, but got greedy
[07:54] {dptl} in .78
[07:55] {dptl} out+.12 ty
[07:55] {Threei} out 19.05
[07:55] {BillyD} nice Vad....
[07:55] {dino} qmar
[07:56] {lumdus} out 19.06 tx vad
[07:56] {Threei} welcome
[07:57] {dino} gj guys
[07:57] {BillyD} how did I not get a fill on it and everyone else did....
[07:58] {lumdus} i use mbt billD
[07:58] {dino} (un)lucky
[07:58] {BillyD} lol
[07:58] {dino} :)
[07:59] {magoo} u suk?he he
[07:59] {Threei} what's with GERN today?
[08:00] {Threei} Roman, any idea? you keep an eye on this one often
[08:00] {Roman} nothing special on it
[08:00] {Threei} just a bounce?
[08:01] {Roman} yep
[08:02] {dino} vrus stopped -.50 sm
[08:02] {lumdus} we taking GERN ?
[08:03] {magoo} roman, u still in CSIQ?
[08:03] {Roman} no
[08:04] {Threei} SEED long if 9 is scrolling
[08:04] {Threei} risky one
[08:06] {dino} markets approaching lod
[08:07] {magoo} rfr, ty
[08:07] {Threei} ISIS feels like preparing surprise
[08:07] {magoo} getting faster
[08:07] {dino} qmar s .88, stop .16
[08:09] {Threei} pullback buy ISIS
[08:09] {magoo} close to 19?
[08:09] {Threei} I doubt it's going that low
[08:09] {magoo} might not get there
[08:10] {Threei} .30 closest support so far
[08:10] {magoo} feels like 20plus
[08:11] {Threei} market weakens... would like a little help from it
[08:11] {dptl} you in?
[08:11] {Threei} but if holding here while NQ downticks, even better indication of squeeze coming
[08:11] {Threei} not yet dp
[08:11] {Threei} want to see fast buying returning
[08:11] {BillyD} if holds..take .50 area then?
[08:12] {BillyD} cancel that
[08:12] {esemde} I'm outta here...have a great rest of the day....
[08:12] {Threei} take care ese
[08:12] {bruce} bye ese
[08:12] {magoo} bye es
[08:12] {Threei} touched 19... too fast for entry
[08:14] {Threei} NQ still dumping... doesn't instill confidence
[08:15] {dino} cov qmar .64, +.24
[08:16] {Threei} ok in
[08:16] {Threei} can't resist, stop under 19
[08:16] {Threei} may take reentry
[08:16] {Threei} hard to tell here
[08:16] {lumdus} where ISIS ?
[08:16] {Threei} .08
[08:17] {dptl} .03
[08:17] {Threei} come on NQ, raise your head
[08:17] {lumdus} jumpy one isis
[08:19] {magoo} held fairly well vad
[08:19] {Threei} but still doesn't reverse for real
[08:19] {lumdus} magoo make sure fingure on sell button :)
[08:19] {Threei} this long hesitation can resolve any way
[08:19] {magoo} .40 area turned it back now 3 times
[08:21] {Threei} NQ looks better
[08:22] {Threei} let's do it ISIS
[08:22] {lumdus} isis had too many head fakes' for me
[08:23] {magoo} out
[08:24] {lumdus} a break of 19.00 and wamm !
[08:24] {magoo} short loss 19
[08:24] {lumdus} now that's a grade ..
[08:24] {lumdus} grade=trade
[08:24] {dptl} out
[08:27] {dptl} damn
[08:31] {BillyD} there are just some stubborn/nasty personaalities out there lately
[08:31] {BillyD} in some stock's movement
[08:32] {dptl} you still in Vad?
[08:33] {Threei} yes
[08:33] {dptl} thinking to get back in
[08:34] {Threei} SBUX sizeable pullback
[08:35] {Threei} NQ is still dumping dp...
[08:35] {Threei} tough decision
[08:37] {dptl} in .03
[08:39] {dino} stopped rok .30, -.06
[08:42] {Threei} out
[08:43] {BillyD} too much
[08:43] {Threei} just can't get a feel what it wants to do next
[08:43] {BillyD} drama on it
[08:43] {dino} synt
[08:46] {magoo} man..nasty
[08:48] {dino} synt l .51 risky, wide
[08:48] {Threei} lol ISIS
[08:50] {Threei} you kept it dp?
[08:50] {dptl} no got out flat
[08:53] {Threei} freakin thing has strong flavor of squeeze coming... but to find an entry on it is a whole other story
[08:54] {dino} be done w/it
[08:54] {Roman} long PAAS small & slow
[08:56] {dino} synt stopped -.50
[08:58] {dino} rinsed
[08:58] {Roman} GOLD
[08:58] {Roman} CRDC getting ready for something
[09:00] {magoo} if IF ISIS gets thgru .50, long to 20
[09:01] {Threei} with two shakes to 18.80 along the way {G}
[09:01] {Threei} just kidding... my feeling of strong move coming too
[09:01] {Threei} but it trades brutally
[09:03] {dino} synt l round two .35
[09:04] {Threei} look at this
[09:07] {magoo} kind of oblivious to naz
[09:08] {Threei} yes, there was some correlation earlier, not anymore
[09:12] {dptl} nvda?
[09:16] {Threei} way stronger than one could expect
[09:16] {Threei} but it has NQ correlation
[09:17] {Threei} and NQ is whacky
[09:25] {Threei} bruce
[09:25] {Threei} could you just give your recipe for ISIS?
[09:25] {Threei} "close your eyes and buy"
[09:25] {dino} thats cheating
[09:25] {magoo} looking good
[09:26] {dino} thank you
[09:26] {dino} it's the low carb
[09:26] {magoo} prob explode to 21 vad
[09:26] {Threei} easy
[09:26] {Threei} with couple pullback to 18.50 along the way
[09:26] {BillyD} lol
[09:27] {bruce} lol
[09:27] {magoo} thats why our eyes are closed
[09:28] {bruce} isis is indeterminate to me vad
[09:28] {Threei} pullbacks are supported, highs get taken, shakes are brutal and invariably turn out just shakes...
[09:28] {bruce} my hunch is that it is stil a short though as day goes on
[09:28] {magoo} i say near 21 today
[09:30] {Threei} OK, I found the way to play it
[09:31] {magoo} coiling big time
[09:31] {Threei} this teleporting to .27, in
[09:31] {Threei} teleporting back upto above .40, out
[09:31] {magoo} gonna go
[09:31] {magoo} in
[09:32] {magoo} .47
[09:32] {magoo} dammit..naz not helping
[09:33] {dino} synt stopped -.10
[09:34] {dino} done
[09:34] {Threei} nice support .50
[09:36] {Threei} if this .58 offer is taken...
[09:36] {magoo} are there any other stocks available to trade today he he?
[09:36] {Threei} and taken it will be
[09:36] {Threei} there
[09:37] {BillyD} what's stop vad
[09:38] {Threei} by bruce
[09:38] {dptl} half out '62
[09:38] {magoo} if IF it gets 20.15 going ballistic
[09:39] {magoo} it will never turn back again
[09:39] {magoo} ever
[09:40] {magoo} out .73
[09:41] {magoo} look to reload it
[09:43] {magoo} good out magoo..thanx vad :)
[09:44] {dino} taking a break
[09:44] * magoo slaps LaserDave1 around a bit with a large trout
[09:46] {Threei} good pullback for entry
[09:47] {Threei} CSIQ
[09:49] {bruce} crox dino
[09:51] {magoo} SOLF too vad
[09:52] {dptl} nvda?
[09:52] {dino} sorry bruce taking a break, did fine, but missed last two, so clear my head w/walk
[09:52] {Threei} don't know NVDA
[09:52] {dino} crox imo, strike to 30, then maybe down
[09:53] {Threei} INCY lost its mind
[09:54] {bruce} k dino
[09:55] {Threei} here comes one of those brutal pullbacks ISIS
[09:56] {magoo} any read on FSLR?
[09:58] {Threei} yuck
[09:58] {magoo} anyone any read anytime?
[10:01] {bruce} taking break
[10:08] {lumdus} isis little bounc
[10:19] {lumdus} nvda might break
[10:29] {dptl} out nvda +.23
[10:31] {lumdus} ok, my setups are not working this pm that well. time to watch myself. Note to self
[10:34] {lumdus} dptl, not ready to give up on nvda but that was huge pullback and quick. This AM things where pretty smooth. Now, not looking great
[10:35] {Threei} 19.06 probably worth a try ISIS
[10:36] {Threei} volume pertty much dried up on this retreat, and there was no selling frenzy really
[10:36] {Threei} whether buying frenzy returns is a big if
[10:36] {dptl} stop?
[10:36] {Threei} but risk is pretty small here
[10:36] {Threei} under 19
[10:37] {dptl} in.07
[10:38] {Threei} it goes through another period of indecision, hard to tell which way it resolves,
[10:38] {Threei} so just gotta catch a moment with tight stop
[10:38] {Threei} and let it show what it wants
[10:38] {Threei} if resumes upward push, win will be quite sizeable, if not stop will be tight
[10:45] {Threei} pre-frenzy
[10:45] {magoo} be back in hour, got apptmt
[10:45] {Threei} hurry
[10:45] {Threei} we won't wait for you to sell ISIS at 21
[10:49] {Threei} half out dp
[10:49] {Threei} you have 30 cents
[10:49] {Threei} don't let it all slip away
[10:49] {dptl} out....1st +.10..second +.19..ty
[10:50] {Threei} :)
[10:50] {Threei} SEED
[10:51] {Threei} called 9 entry earlier but happened too suddenly, afraid we missed it
[10:52] {Threei} so dp... are morning stops fully rectified?
[10:52] {bruce} + .20 c isis \thanx vad
[10:52] {bruce} needed that
[10:52] {Threei} welcome sir
[10:53] {bruce} still down on day though
[10:53] {dptl} yep in green now
[10:53] {Threei} cool beans... patience, cold blood and discipline work miracles
[10:53] {bruce} that was a nice trade - with reward larger than risk
[10:54] {dptl} FOR SURE
[10:54] {Threei} here is little psychological trick to be in this mindset:
[10:54] {Threei} do not view trading in "event" terms
[10:54] {Threei} look at it as a process
[10:55] {Threei} single trade has no singificance,
[10:55] {Threei} no matter what outcome is (as long as you control risk of course)
[10:55] {dino} sm l gs .37
[10:55] {Threei} when you view it as a continuing process, frustration of any given stop disappears
[10:56] {Threei} and trading frustration-free in turns frees your mind for objective evaluation of the next opportinutity
[10:56] {Threei} as opposite to "ouch, I am in red, gotta make it back, where is my chance"
[10:57] {Threei} mindset that pushes you into grabbing anything that moves
[10:57] {Threei} digging deeper hole
[10:57] {Threei} frikking SEED got away
[10:57] {lumdus} seed just going
[10:58] {bruce} as in - frikken seed got away vad?
[10:58] {bruce} got you
[10:59] {Threei} did I even say something?
[10:59] {Threei} :)
[10:59] {dino} good trading is not about being right, its' about trading right
[10:59] {Threei} great, dino goes all Zen on us
[10:59] {dino} feelig underappreciated
[10:59] {dino} :)
[10:59] {Threei} welcome to the club
[11:03] {dino} out gs .98, +.61
[11:03] * bruce slaps Threei around a bit with a large trout
[11:03] {bruce} feeling better?
[11:03] {Threei} I was fine even without fish smell of my shirt, thank you
[11:03] * bruce slaps dino around a bit with a large trout
[11:04] {Threei} out ISIS 22.30
[11:04] {Threei} I was fine even without fish smell of my shirt, thank you
[11:04] {Threei} oops
[11:04] {Threei} (nevermind, I just typed it for magoo to read and faint when he returns)
[11:04] * bruce slaps magoo around a bit with a large trout
[11:04] {bruce} trout appreciation day
[11:04] {dino} ouch
[11:08] {bruce} you're welcome
[11:10] {bruce} incy mojo
[11:12] {dino} crox again
[11:15] {Threei} CSIQ is holding well
[11:16] {dino} partial fill s crox .70
[11:16] {BillyD} entry
[11:16] {BillyD} ?
[11:17] {BillyD} that move cause to rethink
[11:17] {Threei} sharp selling into 25.50, possibly lower
[11:17] {Threei} no, not really
[11:17] {Threei} it's norlam for this stock
[11:17] {Threei} normal
[11:17] {BillyD} thought was around 26 if seemed to hold
[11:18] {lumdus} sap
[11:18] {Threei} it tends to come to logical support and break it before recovering
[11:18] {BillyD} but it is still logical for it
[11:19] {Threei} it's usually a buy off second support
[11:20] {dino} cov crox .40, +.30
[11:23] {BillyD} so far .79 holds
[11:25] {Threei} I don't like it here
[11:25] {Threei} kind of middle of nowhere
[11:26] {Threei} far from support, far from resistance, doesn'
[11:26] {Threei} t go up with NQ
[11:26] {Threei} doesn't drop because of NQ syrength either
[11:26] {BillyD} it's own logic
[11:26] {BillyD} personality
[11:27] {Threei} better now
[11:27] {lumdus} csiq ?
[11:27] {Threei} yeah
[11:27] {lumdus} let me know when you are in
[11:27] {Threei} nope
[11:27] {Threei} I intent to make it a secret
[11:28] {dptl} lol
[11:28] {lumdus} hey, how can i do that slap with a trout stuff ?
[11:28] {Threei} no way
[11:28] {Threei} we confiscated all the trouts
[11:28] * bruce slaps magoo around a bit with a large trout
[11:28] * bruce slaps Threei around a bit with a large trout
[11:28] {Threei} except bruce's
[11:28] {dino} magoo looking at houses
[11:29] {bruce} held my trouter
[11:29] {Threei} closer to .50 get ready,
[11:29] {Threei} watch for strenghtening,
[11:29] {Threei} don't buy on pricve alone, watch for it to stabilize and show signs of reversal,
[11:29] {Threei} don't bite if it slides slowly,
[11:29] {Threei} rather wait for a quick dive
[11:30] {Threei} if it reverses before showing anything readable, shrug and let it be
[11:30] {Threei} ISIS baby
[11:30] {BillyD} ISIS trying
[11:30] {Threei} my tunr dp:
[11:30] {Threei} half out
[11:31] {dptl} :)
[11:31] {Threei} from 19.08
[11:31] {dptl} nice
[11:31] {Threei} just don't take it as indication that you did something wrong
[11:32] {Threei} that was a very good play on your part
[11:32] {Threei} and I have to say:
[11:32] {Threei} with the way ISIS treated us earlier, it took guts and conviction to go for it again when you did
[11:33] {dptl} ty
[11:33] {Threei} bruce... now please trout him before his head goes too big
[11:34] {dino} gj dp
[11:34] {dptl} ty
[11:34] {bruce} congrat dp
[11:35] {Threei} sheesh
[11:35] * bruce slaps Threei around a bit with a large trout
[11:35] {Threei} trout bearer goes all soft on us
[11:35] {dptl} lol
[11:35] {Threei} and actually confuses his targets
[11:35] {BillyD} never could tell sellers everywhere this morning w/ volatile moves.....always changes
[11:36] {BillyD} ebbs and flow
[11:36] {Threei} live in now
[11:36] {Threei} or as dino will tell us when he goes ultimate Zen, be the water
[11:37] {BillyD} lol
[11:37] {Threei} but on serious note...
[11:37] {Threei} get this book and read first 94 pages (in my edition at least):
[11:37] {Threei} Power of Now
[11:37] {Threei} Ekhart Tolle or something close
[11:37] {BillyD} thtais it
[11:37] {Threei} wonderful trading book
[11:38] {dino} just bought it vad
[11:38] {BillyD} that is it
[11:38] {Threei} even though auhor [robably never heard of trading as profession
[11:38] {Threei} you will like it dino, I promise
[11:38] {BillyD} it is applicable to everything
[11:38] {dino} good
[11:38] {Threei} just don't go beyond page 95, IMO :)
[11:39] {dino} read the first half of the way of the turtles, very similar to your way of teaching, just diffenernt markets
[11:39] {Threei} full power switch from amazing stuff to total bs... they needed a filler for more pages I guess
[11:40] {patience} which markets were discussed dino?
[11:40] {Threei} I never read it dino... for exactly this reason
[11:40] {Threei} someone told me it was very similar
[11:40] {Threei} so I decided not to waste my time :)
[11:41] {dino} it re-inforced alot you what you teach.....individual trades don't matter, get your edge, control risk, be consuistant, keep it simple. etc
[11:41] {Threei} :)
[11:41] {dino} yeah, i see your point, it helped me, as did you
[11:43] {dino} crox, darn, thought it would hit .85 again
[11:44] {Threei} CSIQ came to support area
[11:44] {Threei} NQ pushed it there, watch both
[11:45] {Threei} and don't go crazy on size, thin trader
[11:45] {dino} gfig
[11:46] {Threei} come on CSIQ, dive under .50
[11:47] {Threei} closest support is .25 now
[11:47] {Threei} be ready NQ is about to bounce
[11:48] {dino} pretty good dow pullback
[11:49] {Threei} in
[11:49] {Threei} got .53
[11:49] {Threei} stop .39
[11:50] {Threei} out .89
[11:50] {BillyD} nice
[11:51] {BillyD} I saw the trigger on it but not on NDX so passed
[11:51] {Threei} precise scenario I decasribed earlier
[11:51] {Threei} ummm
[11:51] {Threei} decasribed?
[11:51] {Threei} sigh
[11:52] {Threei} slide into suport, quick selling under it, strengthening
[11:52] {BillyD} 2 pennies under it?
[11:52] {Threei} 3 I think... not much drop but pace was good
[11:53] {Threei} had this intimidating quality about it
[11:53] {Threei} creating impression drop is coming and going to be cratering
[11:53] {BillyD} I saw the turn but thought NQ was confirmationand didn't se it
[11:53] {Threei} instead, bids come in and ofers get taken
[11:53] {lumdus} i blinked and saw nothing
[11:53] {Threei} NQ just stalled at the time, yeah
[11:54] {BillyD} my ...
[11:54] {BillyD} :)
[11:54] {Threei} that's why I tried to give an idea in dvance lum, there is usually no way to post in time
[11:54] {Threei} not on this kind
[11:54] {lumdus} 3i, you did what you need too. i drank coffe for 1/2 second cost me $$
[11:55] {Threei} but at least coffee was good?
[11:55] {Threei} not good ISIS
[11:55] {Threei} too deep
[11:56] {lumdus} oh man
[11:58] {dino} lol
[11:58] {Threei} not interested in CSIQ until 25
[12:00] {dino} dji -100
[12:00] {Threei} NOV CONSUMER CREDIT: $15.4B V $8.0BE
[12:00] {lumdus} hmm, looks like we going south
[12:00] {BillyD} [12:35] {BillyD} never could tell sellers everywhere this morning w/ volatile moves.....always changes
[12:00] {BillyD} [12:36] {BillyD} ebbs and flow
[12:01] {BillyD} now
[12:01] {lumdus} Billy AM session was great. I scr**d up in PM
[12:01] {dino} another roughly 200 pt range day
[12:01] {lumdus} I tried to catch a falling knife. I guess I need to learn my lesson a little better
[12:02] {BillyD} it's just a certain time frame looks so solid one way and in a short completely opposite
[12:02] {dino} shake it off lumdus
[12:03] {BillyD} reason to live in the Now and not assume the now means the same as later
[12:03] {dino} back in 10
[12:03] {bruce} anyone having [problems with data now?
[12:03] {lumdus} a good trade go bad I don't care a bad trade i hate. falling knife was a bad trade
[12:03] {bruce} my time4 and sales and level 2 don't match up
[12:03] {BillyD} Laser bruce?
[12:03] {BillyD} mine ok
[12:03] {Threei} ARCA book seems to be delayed
[12:04] {bruce} yes
[12:04] {bruce} brcm says 66 - by 67
[12:04] {bruce} and trades going off at .77
[12:04] {magoo} back
[12:04] {magoo} anything going?
[12:04] * bruce slaps bruce around a bit with a large trout
[12:05] * bruce slaps magoo around a bit with a large trout
[12:05] * bruce slaps Threei around a bit with a large trout
[12:05] {Threei} dp... let's save magoo from major upset? or let's tell him?
[12:05] {BillyD} hey bruce, did you swing so hard and slap yourself
[12:05] * bruce slaps BillyD around a bit with a large trout
[12:05] {magoo} c'mon..tell me
[12:06] {dptl} a,just tell him
[12:06] {BillyD} hehe
[12:06] {Threei} yeah bruce, you started well with * bruce slaps bruce around a bit with a large trout
[12:06] {Threei} then you lost your way
[12:06] {bruce} nice to share the joy billy
[12:06] * bruce slaps Threei around a bit with a large trout
[12:06] * bruce slaps Threei around a bit with a large trout
[12:06] * bruce slaps Threei around a bit with a large trout
[12:06] {Threei} sorry mags but we hit ISIS for something like 40+ cents
[12:06] {bruce} t & sa looks better now
[12:06] {magoo} sigh
[12:07] {Threei} it's dp's fault
[12:07] {Threei} I didn't want to tell you
[12:07] {dptl} going for smoke
[12:07] {Threei} dcced him, said let's say we have 18 stops while he was gone
[12:07] {Threei} but no, dp said, "stop this nonsense and make him suffer":
[12:08] {Threei} now you can see him going for happy smoke
[12:08] {Threei} smoke of deep satisfaction, can you tell
[12:08] {dptl} lol
[12:09] {cosmo} happy smoke?
[12:09] {Threei} it's legal over here cos
[12:09] {cosmo} gee
[12:09] {BillyD} serious Vad?
[12:09] {Threei} nah :)
[12:10] {cosmo} wait till 2012
[12:10] {Threei} but tolerance is much higher
[12:10] {bruce} vad pulling your trout billy
[12:10] {BillyD} wow....was wondering why you always come back after "5" a little wackier
[12:10] {Threei} market is going down the drain
[12:11] {dino} leap fall
[12:12] {bruce} die market!
[12:12] {bruce} die!
[12:12] {Threei} missed prevoius bounce CSIQ, but do you see it doing exactly the same thing once again?
[12:12] {bruce} long qid vadster?
[12:12] {Threei} came into 25, lost it, dumped 3 cents and bounced big
[12:12] {Threei} too vertical for my taste here bruce
[12:12] {bruce} too late - already skiped
[12:13] {BillyD} lost .11 before the big bounce
[12:13] {BillyD} I see your ....
[12:13] {bruce} brcm close to long bounce?
[12:14] {Threei} feels so, atch NQ for help
[12:16] {Threei} bounce time
[12:17] {dino} not yet
[12:18] {magoo} BTW,
[12:18] * magoo slaps dptl around a bit with a large trout
[12:18] {bruce} I'm w dino - a bit more selling
[12:19] {dino} sm l gfig .60
[12:20] {magoo} im with vad, happy smoke
[12:20] {bruce} we've had quite a few of these market selloffs last few days vad
[12:20] {bruce} must be a way to catch em
[12:20] * bruce slaps magoo around a bit with a large trout
[12:21] * bruce slaps magoo around a bit with a large trout
[12:22] {bruce} bruce slaps magoo around a bit with a large happy smoke
[12:22] {Threei} wow, no bounce to speak of
[12:23] {bruce} not yet
[12:23] {magoo} that does it bruce lol
[12:23] {bruce} this is what we've been seeling lamost every day vad
[12:23] * magoo slaps bruce around a bit with a large trout
[12:23] {dino} jumped the shark, so to speak
[12:24] {bruce} bruce slaps magoos trout with a large happy smoke
[12:24] {bruce} t &s whacked out again
[12:24] {bruce} maybe due to volume
[12:24] {BillyD} it's ARCA bruce
[12:25] {Threei} it's not T*S
[12:25] {Threei} it's ARCA book
[12:25] {BillyD} it was doing it yesterday as well
[12:25] {magoo} vad, isis can short
[12:25] {dino} now
[12:25] {magoo} surprised it hasn't given much back
[12:26] {bruce} reversal call heere dino?
[12:26] {dino} up i mean
[12:26] {dino} market, not isis
[12:26] {dino} disregard me
[12:26] {dino} yes bruce that what i ment, didn't want anyone to think i was playing isis
[12:27] {dino} 20 pts only, then down, sheesh
[12:28] {dino} rimm
[12:29] {dino} out gfig +.24
[12:32] {dino} l meli sm .75
[12:33] {magoo} now, yesterday mkt spiked hard iunto bell
[12:34] {dino} out meli .99, +.24
[12:34] {BillyD} nice dino
[12:34] {dino} guess i was an oracle on that bounce call
[12:34] {dino} ty bd, bit of luck on entry
[12:34] {magoo} yeah..u and buffett
[12:35] {BillyD} good risk dino
[12:35] {magoo} next u gonna reside in omaha
[12:35] {lumdus} it's hard to go from a huge win in the Am to a loss in the PM. hitting myself
[12:35] * magoo slaps lumdus around a bit with a large trout
[12:35] {magoo} i reversed that
[12:35] {dino} i was thinking the matrix, but whast the hell
[12:35] {lumdus} magoo i did it to myself
[12:35] {magoo} huge down early..up now
[12:36] {lumdus} good for you. seems every time i learn what i do wrong i do something else stupid
[12:36] {magoo} what u do briefly?
[12:36] {magoo} blow stop or go to big?
[12:36] {dino} we've all been there lumdus, as long as you stuck to the plan, don't kill yourself over it
[12:36] {lumdus} I tried to catch a telcom falling kninfe
[12:36] {magoo} OH NEVER
[12:37] {magoo} remember...theyalways fall farther than u think possible
[12:37] {lumdus} yup, falling knife. I realize now.
[12:37] {magoo} and run too
[12:37] {dino} ?????that is part of my style magoo????
[12:37] {lumdus} yes, need to repeat in my head many times
[12:37] {Threei} one more suggestion lum, if I may
[12:38] {Threei} when you are up nicely, put a trailing stop on your trading account
[12:38] {magoo} te biggest thing for me was to lay out ahead
[12:38] {lumdus} one sec and then i did some damm revenge trading .. 2 x
[12:38] {BillyD} dino, you play contrarian moves
[12:38] {magoo} so i get the fill
[12:38] {lumdus} i hear you 3i
[12:38] {Threei} same way as you do with stock, protect profits
[12:38] {BillyD} anticipation it seems to over reactions
[12:38] {dino} 95% of time bd
[12:38] {lumdus} it hurts alot to have this. and I am only down .07 for the day .. but damm was up $1.75
[12:39] {magoo} i use to watch and strike exits..but would miss because of greed hesitation or too fast
[12:39] {magoo} now i layout where i read its going and gety the fill
[12:40] {dino} probabilities, lumdus, probabilities, thats all it is, so play the game we must, imo
[12:40] {magoo} and u gotta be a lucky bastard like dino
[12:40] {dino} easy button helps
[12:41] {magoo} computer guy just came in and repo 1 of my computers
[12:41] {BillyD} lol
[12:41] {magoo} actually, its crashed today and he needs to take w/him
[12:41] {dino} when up over daily goal lumdus, i go to mostl;y scalps, add some here and there, no big hits
[12:41] {magoo} wheres vad??
[12:42] {Threei} who?
[12:42] {dino} vacation until next week
[12:42] * magoo slaps Threei around a bit with a large trout
[12:42] {BillyD} magoo, you seem to have lots of PC issues especially w/ a PC guy
[12:42] {Threei} sigh
[12:42] {dino} crox again
[12:42] {magoo} I DO
[12:42] {magoo} no kidding..he just took my system box
[12:42] {magoo} thats why i have 2
[12:43] {magoo} i have reverse of dino...UN LUCK
[12:43] {dino} slap him....reverse your luck
[12:43] {BillyD} becareful what you download and where you surf
[12:43] {magoo} its all that porn i guess he he
[12:44] {BillyD} dino, put some parental controls on magoo's PC
[12:44] {dino} roflol
[12:46] {bruce} not much of a bounce
[12:46] {bruce} calling it a day
[12:46] {Threei} take care bruce
[12:47] {bruce} see you all tomorrow
[12:47] {bruce} thanx vad
[12:47] {magoo} bye bruce
[12:47] {Threei} ISIS will be item of interest tomorrow too
[12:49] {dino} i think i'm done for the day. thx for some good ones
[12:50] {lumdus} almost done hitting myself with a trout
[12:50] {dino} wow -215
[12:50] * BillyD slaps lumdus around a bit with a large trout
[12:50] {BillyD} you are done
[12:51] * magoo slaps lumdus around a bit with a large trout
[12:51] {lumdus} ok, will keep hitting untill market close
[12:53] {dino} rimm taunting me
[12:53] {Threei} CSIQ still closes green
[12:53] {Threei} worth watching tomorrow too
[12:53] {magoo} incy too
[12:56] {magoo} thanx vad..good to have u back boss
[12:57] {Threei} thank you all
[12:57] {dino} thx all, good day
[12:57] {Threei} have a good evening, see you tomorrow
[12:57] {BillyD} bye all
[12:58] {dptl} have a good evening all
[12:58] {dino} wow -260, 341 pt ramge
[12:58] {lumdus} have a great eventing all. Hope I learned my lesson today. And Vad, good idea. Not bad day in terms of loss just down .01 after comm but bad trading.
[12:58] {dino} 2.6%
[12:59] {magoo} its all a learning curve
[12:59] {lumdus} I also over traded by quite a few.
[13:00] {magoo} drink a brew..tomorrow a new day
[13:00] {dino} lumdus, i tell magoo any day you're flat or up, it's a good day
[13:02] {lumdus} dino, i agree. However, i traded bad. Yes, I am ok $$ wise but the trades really stink . A damn falling knife i took and that's bad
[13:02] {lumdus} OK, goodnight all and thanks for the help.
[13:03] {magoo} laser, u here??
[13:20] {magoo} ok, goodnite all...tomorrow promises to be interesting

Monday, January 7, 2008

January 7, 2008

Session Start: Mon Jan 07 00:00:00 2008

Session Time: Mon Jan 07 00:00:00 2008

[05:05] {Threei} FEED
[05:05] {Threei} RECEIVES CHINESE GOVERNMENT GRANT- announced that the Company's Lushan Breeder Hog Farm was designated a "National Breeder Hog Center" by the Chinese government. AgFeed will receive RMB 300,000 in an annual grant from the government in recognition of its outstanding breeder hog products. There are a total of 46 nationally designated breeder hog centers in China as part of the government's "National Breeder Hog Testing Labs" project which pr
[05:05] {Threei} shortage.
[05:05] {Threei} Pork represents about 65% of China's annual meat consumption.
[05:05] {Threei} Good morning
[05:06] {Threei} FSLR got couple nice upgrades and seems to be reacting
[05:06] {Threei} let's see if solars follow
[05:06] {hawkfan4} Good morning Vad, welcome back
[05:06] {Threei} thank you hawk :)
[05:07] {Threei} how did the battle go?
[05:07] {hawkfan4} not bad, but overall you picked a really good time to be gone. last week especially
[05:08] {Threei} I guess vacation timing comes as overall package for a trader {G}
[05:09] {hawkfan4} AKNS moving into the stratospheric category
[05:09] {Threei} what did propel SEED on Fri?
[05:10] {hawkfan4} can't remember
[05:10] {Threei} answer of a real trader
[05:10] {hawkfan4} :)
[05:10] {Threei} AKNS is solar eh
[05:10] {hawkfan4} yep
[05:11] {Threei} haven't seen it before vacation... new discovery or what
[05:11] {hawkfan4} yeah, got a contract and never looked back
[05:12] {Threei} yeah, breakwaya gap over 10
[05:13] {hawkfan4} well, i had AKNS from 6.50 to 7.25, that i do remember
[05:28] {Raven} Morn 3i ... how was San Diego ?
[05:29] {Threei} hi R :)
[05:29] {Threei} beautiful
[05:29] {Raven} yes ... 95% of the time
[05:29] {Threei} a bit too hot for my taste
[05:29] {Threei} but heck... much better than too cold :)
[05:29] {Raven} you'd get over that
[05:31] {Threei} 82 on Dec 31st feels a bit excessive though :)
[05:33] {BillyD} morning all
[05:34] {Threei} Billy :)
[05:34] {BillyD} greattrip Vad?
[05:34] {Threei} fantastic
[05:34] {BillyD} :)
[05:34] {Threei} no single e-mail in 10 days? what could be better
[05:36] {BillyD} you have quotes Vad?
[05:36] {Threei} L2 yes
[05:36] {Threei} T&S no
[05:37] {BillyD} same here, thx
[05:38] {Threei} AKNS is knocking breakout doors
[05:42] {bruce} morning all
[05:42] {Threei} bruce :)
[05:42] {bruce} welcome back vadster
[05:42] {Threei} ty
[05:43] {Threei} {pretending starts} good to be back, I missed you all {pretending ends}
[05:45] {bruce} lol
[05:46] {bruce} last week was a huge green week for everyvody vad
[05:46] {bruce} made so much money we thought about taking this one off
[05:46] {Threei} cool beans
[05:46] {Threei} hope you do {G}
[05:46] {bruce} decided to log on so you wouldn't be lonely
[05:47] {Threei} I don't mind one more week of solitude
[05:47] {bruce} lol
[05:47] {bruce} back to the monestary?
[05:47] {Threei} as if I ever left
[05:48] {Threei} don't tell anyone but last two years I am trading from this wi-fi-equipped cave in Tibet...
[05:49] {Threei} intense navel-gazing goes well with trading
[05:49] {Threei} navel is not kine of course
[05:49] {Threei} mine
[05:49] {bruce} lol
[05:50] {bruce} does the buddha give trading tips?
[05:50] {Threei} don't know, my connections don't go that high
[05:52] {lumdus} good morning 3i. glad you are back
[05:52] {Threei} hi lum, thank you
[05:52] {bruce} hi lum
[05:55] {Threei} AKNS ticking
[05:56] {BillyD} AKNS has some nasty pullbacks Vad
[05:56] {Threei} yeah, I am sure
[05:56] {Threei} be back in 5
[05:59] {esemde} morning......welcome back Vad.....
[06:00] {Threei} hi ese, thank you :)
[06:03] {dptl} good morning all
[06:03] {liranm} gm everyone
[06:03] {Threei} dp, liranm :)
[06:04] {Threei} quotes are back Billy
[06:04] {BillyD} yes ty
[06:08] {cosmo} SEED pre mkt high = 10.90 fwiw
[06:10] {Threei} AKNS looks at 16 with curiosity
[06:12] {BillyD} trades like CSIQ...pullback type
[06:12] {Threei} ty, good to knoqw
[06:12] {BillyD} except fro the one time you don't take b/o lol
[06:12] {dino} gm all
[06:12] {BillyD} dino
[06:13] {Threei} dino :)
[06:13] {dino} :)
[06:14] {magoo} morning
[06:14] {Threei} magoo :)
[06:14] {magoo} HEY vad, how was trip?
[06:15] {Threei} the best time
[06:15] {BillyD} magoo
[06:15] {cosmo} did you go see the scrolls?
[06:15] {Threei} SD is great... California is great, heck, even Amtrak is great
[06:16] {BillyD} lol
[06:16] {Threei} scrolls?
[06:16] {cosmo} hmm...guess not...
[06:16] {Threei} unless I didn't know scrolls from killer whales
[06:17] {Threei} dcc cos
[06:17] {cosmo} yeah... in the dead sea
[06:17] {Threei} ah
[06:17] {Threei} saw the banner
[06:17] {Threei} didn't have time to go inside
[06:17] {Threei} too big city to cover everything in one visit :)
[06:17] {cosmo} good choice
[06:18] {Threei} add friends who hosted us and swore to keep feeding and enetrtaining us until we left or are dead, whichever comes first
[06:21] {cosmo} was it a rainy train ride?
[06:21] {cosmo} back home...
[06:21] {Threei} in Washington part only
[06:21] {Threei} Oregon was snowy
[06:21] {cosmo} ah
[06:21] {Threei} good thing I decided against car
[06:22] {Threei} would have stuck in Oregon mountain passes
[06:22] {cosmo} snow is good for spotting bigfoot
[06:22] {BillyD} yeah, and now maybe you can be an Amtrak Spokesman
[06:22] {Threei} except for fine dining part
[06:22] {BillyD} TV Dinners type food?
[06:23] {Threei} better than airline food... but still :)
[06:23] {cosmo} wide screen TV food
[06:24] {Threei} scenery is amazing though
[06:24] {BillyD} I bet
[06:26] {magoo} akns is avail short laserheads
[06:32] {Threei} SEED pullback into .30-.40 should be interesting
[06:32] {Threei} half lot
[06:33] {Threei} in .25
[06:33] {Threei} stop .09
[06:33] {BillyD} .26 here
[06:34] {Threei} no worky
[06:35] {magoo} fslr was down like 21 pts friday
[06:35] {magoo} a lot of rroom to recover
[06:39] {magoo} bounce time maybe akns
[06:40] {Roman} in ANKS
[06:40] {Roman} bounce 15.65 small
[06:40] {magoo} not in watching
[06:40] {Roman} out
[06:41] {magoo} good catch
[06:41] {Threei} nice scalp
[06:41] {Threei} .52 long half lot SEED
[06:41] {Threei} .29 stop
[06:42] {magoo} in
[06:42] {magoo} out lol
[06:42] {Threei} half out
[06:42] {magoo} THANX
[06:42] {Threei} welcome
[06:42] {cosmo} SEED pre mkt high = 10.90
[06:42] {BillyD} out thx
[06:43] {dptl} out ty
[06:43] {Threei} offering balance above 11
[06:43] {magoo} i don't believe i was in that 30 seconds
[06:43] {dino} nyx l .10 stop .79
[06:43] {Threei} good reflexes guys :)
[06:43] {magoo} billy and magoo are ultimate scalpers lol
[06:44] {Threei} Roman joins the club too I see :)
[06:44] {magoo} yeah, after last week wwe all got into the hit n run phyloshy
[06:45] {Threei} AKNS is still dizzy after what Roman did to it
[06:45] {BillyD} lol
[06:45] {esemde} long BMRN .00
[06:45] {Threei} let's do it SEED
[06:46] {Threei} out 11.15
[06:46] {BillyD} nice
[06:48] {dino} rimm falling
[06:50] {magoo} sheesh vads..u go away and haven't missed a beat
[06:51] {magoo} pretty awesome boss
[06:51] {Threei} we will see... day just started :)
[06:52] {BillyD} watching monkey
[06:52] {lumdus} no we confident 3i
[06:52] {magoo} spanking monkey?!?
[06:53] {Roman} CROX
[06:53] {Roman} losing 30
[06:53] {Threei} what's NOEC?
[06:53] {Threei} new name for me
[06:54] {BillyD} china co., chemical fertilizer business
[06:54] {Threei} ty
[06:55] {cosmo} no news
[06:56] {bruce} hway dino
[06:57] {Threei} SEED worth a try again
[06:57] {Threei} half lot
[06:58] {Threei} stop .35
[06:59] {esemde} out BMRN .17 +.17
[07:00] {Threei} :)
[07:02] {BillyD} out 3/4 SEED +.16
[07:02] {Threei} feel free to take profit who got SEED
[07:03] {magoo} akns interesting here
[07:05] {BillyD} it seems I am too soon on some of these sometimes is taking me two times to get it
[07:05] {dino} rimm l .50
[07:05] {Threei} half lot long NOEC on .20 break
[07:05] {Threei} stop under 8
[07:05] {Threei} very risky one
[07:05] {magoo} runner?
[07:06] {Threei} yes Billy, this type usually pulls back father than it seems reasonable
[07:06] {Threei} feels this way mags
[07:06] {magoo} in vad
[07:07] {Threei} keep stop under 8 and let's see if we hooked a big one
[07:07] {dino} out rimm .94, +.44
[07:07] {Threei} it has potential
[07:07] {Threei} but as always, potential is balanced by bigger risk
[07:07] {Threei} 20 cents stop seems reasonable for this opportunity
[07:08] {magoo} ok
[07:09] {Threei} nice one dino
[07:10] {dino} thx\
[07:10] {Threei} SOLF severe selloff
[07:11] {Threei} CSIQ too
[07:11] {BillyD} all the flyers are selling
[07:11] {magoo} JASO too
[07:12] {Threei} no worky NOEC
[07:13] {BillyD} nope
[07:13] {magoo} yep
[07:13] {BillyD} mkt in same mode magoo
[07:14] {magoo} yeah..still nasty
[07:14] {lumdus} yup crap mode again.
[07:14] {magoo} look at AKNS too
[07:14] {BillyD} alot of knife catching
[07:15] {Threei} nice SEED dump
[07:16] {magoo} qqqq dump
[07:18] {BillyD} stops are your friends....NOEC
[07:18] {Threei} always
[07:20] {BillyD} getting some serious correction in overall mkt
[07:20] {BillyD} lately
[07:22] {magoo} bidu down 16
[07:22] {dino} ya think? lol
[07:22] {magoo} was down that friday too
[07:27] {Threei} SOLF small shares long .75
[07:28] {Threei} disregard, becomes a bounce play rather
[07:28] {esemde} short LIFC 40.16 half lot
[07:28] {magoo} u in solf here?
[07:28] {Threei} 32 long if gholding .80
[07:29] {Threei} .75 stop
[07:29] {Threei} 1:2
[07:29] {esemde} LIFC stop 40.30
[07:30] {Threei} nice one ese
[07:31] {esemde} tks
[07:31] {magoo} my lev 2 quotes bad..anyone elser?
[07:31] {BillyD} yeah, it did for a moment on SOLF
[07:33] {esemde} covered LIFC 39.90 +.25
[07:34] {Threei} don't look now
[07:34] {esemde} ya ...just saw it.....thats OK i'm trying to learn to short...this felt very weird for me
[07:35] {Threei} profit can't feel wierd...
[07:35] {Threei} :)
[07:35] {Threei} skipped second entry on SOLF, didn't feel right about it
[07:35] {Threei} too bad
[07:35] {esemde} it does when you short...for me anyways.....just have to get used to it
[07:40] {Threei} RIGL .50 long small shares
[07:41] {Threei} grrr... late alert
[07:41] {Threei} don't chase
[07:41] {magoo} well.i in it
[07:41] {Threei} let's see if we get pullback
[07:42] {Threei} what price?
[07:42] {magoo} .55
[07:42] {Threei} OK, stop under .30
[07:44] {Threei} 1:1
[07:44] {Threei} and over
[07:44] {magoo} out .91 THANX
[07:44] {Threei} feel free to take profit as you see fit
[07:44] {Threei} :)
[07:44] {magoo} better lucky than good
[07:45] {Threei} that was valid play, you got it just 5 cents above the trigger
[07:45] {Threei} which is nothing in terms of RIGL volatility
[07:46] {magoo} yeah..i rememembered how it traded
[07:46] {magoo} we played it before
[07:47] {BillyD} Vad, was RIGL more of a JBE for you
[07:48] {BillyD} I was away and now looking at chart
[07:48] {Threei} full buck up since alert
[07:48] {Threei} mix of JBE and volatility breakout and momo
[07:48] {BillyD} ok, mainly psycho feel...LOL
[07:48] {magoo} now i confused..did i make any $$ on it??
[07:48] {Threei} just psycho
[07:49] {Threei} work on your math mags...
[07:49] {Threei} as far as I know, .91 is more than .55
[07:49] {Threei} so you must have
[07:49] {magoo} good then:)
[07:49] {Threei} lol
[07:49] {Threei} you make me feel good mags...
[07:50] {Threei} my attempots to calculate profit on any given trade that is not in round numbers makes me want to sue my brain for non-support
[07:54] {Threei} CSIQ
[07:55] {Threei} small shares long, stop under .50
[07:55] {magoo} entry?
[07:55] {Threei} try to bid
[07:55] {Threei} as close to .50 as possible
[07:56] {Threei} tried .70, no luck
[07:56] {Threei} NQ downticking, may be can get it still
[07:57] {Threei} in .71
[07:57] {dptl} in.75
[07:57] {Threei} stop under .50
[07:58] {Threei} out
[07:58] {Threei} shakeout most likely but I am not taking chances today
[07:58] {BillyD} some of these are just nasty on the shakes
[08:02] {dptl} fcel?
[08:02] {Threei} not sure
[08:02] {Threei} not enough activity
[08:03] {dino} meli l .00
[08:05] {dino} gs sm l .50
[08:08] {dino} out meli .31 +.31
[08:14] {BillyD} not seeing anything solid out there, mostly anticipated guesses
[08:15] {magoo} csiq bnasrty rinse
[08:16] {Threei} MATK
[08:16] {Threei} half lot .90 long
[08:16] {Threei} stop under .75
[08:20] {dino} out gs .30, +.80
[08:20] {BillyD} nice dino
[08:21] {dino} ty
[08:28] {hawkfan4} i have to say Vad, not too shabby for 2 weeks away, great calls today :)
[08:28] {magoo} quote issues here..anyone else?
[08:28] {BillyD} ok here magoo
[08:29] {magoo} what server billy?
[08:29] {BillyD} 6
[08:29] {magoo} ok.hmmmmmmmmmm
[08:29] {magoo} no go
[08:31] {Threei} ty hawk
[08:31] {Threei} offering MATK above .20
[08:31] {Threei} out
[08:32] {Threei} where is my calculator...
[08:32] {magoo} vad what server u in?
[08:32] {Threei} +.29
[08:32] {Threei} 3
[08:32] {magoo} ty
[08:33] {dino} gs l .80
[08:34] {dino} 194.90
[08:34] {Threei} looked at ALTH at 6.80 break, didn't believe in it...
[08:35] {BillyD} well....I felt same about MATK to some degree
[08:35] {dino} man, i can't type 193.80 entry sorry
[08:35] {dino} distractions
[08:37] {Threei} JBHT .39 short if stays bel;ow .50
[08:38] {Threei} in
[08:38] {BillyD} in .38
[08:38] {esemde} bstop AMMD 14.80
[08:39] {dptl} in.38
[08:42] {Threei} stop to .44
[08:45] {dptl} stoped
[08:45] {BillyD} out -}07
[08:45] {Threei} yeah, NQ strength resumed
[08:50] {Threei} CACH?
[08:51] {Threei} nevermind
[08:53] {Threei} GEOI... very thin one
[08:53] {Threei} breakout area on daily
[08:54] {Threei} sheesh, MATK is still moving
[09:02] {lumdus} jbht going ..
[09:04] {esemde} have a great day everyone....still long AMMD
[09:04] {Threei} take care ese :)
[09:05] {bruce} bye ese
[09:12] {Threei} ESRX half lot long if .75 getting hit
[09:12] {Threei} .64 stop
[09:12] {Threei} that big offer by INET is your indication
[09:13] {magoo} its my offer he he
[09:13] {magoo} in .75
[09:16] {dptl} stoped
[09:16] {Threei} not in the tune last couple hours
[09:16] {BillyD} my quotes sticking here
[09:16] {magoo} me too
[09:17] {Threei} good thing stops are tight
[09:17] {BillyD} today is frustrating
[09:18] {lumdus} billy D to say the least
[09:18] {bruce} got stopped out esrx
[09:19] {Threei} ever the optimists eh...
[09:20] {Threei} I add all the today'sd plays, still in the money
[09:20] {patience} down $100 on 2 trades. not my type of day so far.
[09:21] {magoo} im up 600
[09:21] {BillyD} Vad, that is providing one takes only yours and each and everyone of your plays
[09:21] {Threei} that's the only version of events I can take responsibility for Billy, no? :)
[09:22] {BillyD} I am not complaining about your plays :)
[09:22] {dino} up550
[09:22] {BillyD} you are trading what you see and read
[09:22] {magoo} vad had 3 good real ones
[09:22] {Threei} I know... I am just looking for a reason to unholster the trout, you know... :)
[09:22] {BillyD} roflol
[09:22] {magoo} TROUIT???
[09:22] {Threei} oops
[09:22] * magoo slaps Threei around a bit with a large trout
[09:22] {Threei} did I wake up a monster
[09:22] {Threei} yes I did
[09:23] {dino} he's been called worse
[09:23] {Threei} lol
[09:23] {Threei} now ESRX goes
[09:24] {Threei} gotta keep wider stops but that's not what I am willing to do today
[09:24] {BillyD} that's the part of frusration Vad
[09:24] {lumdus} huge buy in esrx also
[09:25] {Threei} too much emotions billy... and too deep :)
[09:25] {BillyD} unfortunately, yes
[09:26] {magoo} vad..thats how its been while u were away
[09:26] {Threei} I mean... bad-tasting hotdog deserves spit and shrug... but not the red-hot hatred and sworn revenge, right?
[09:26] {BillyD} took all of 5minutes to publicly confess
[09:26] {magoo} rinsing and running
[09:26] {BillyD} roflol......proper pperspective
[09:26] {magoo} now im confused.{again}
[09:26] {dino} hmmm, never thought of the hotdog that way
[09:27] {Threei} of course you are mags, after all you are the guy who returns to the vendor's cart with 2x4 if don't like hotdog
[09:28] {magoo} lol
[09:31] {Threei} QID short
[09:31] {Threei} .41 stop
[09:31] {BillyD} here
[09:31] {Threei} , try to get it as close to .40 as possible
[09:31] {Threei} if no bounces, .29 then
[09:32] {lumdus} can't short the damm thing with mbt
[09:32] {BillyD} no short here
[09:32] {dino} out gs 195, +1.20
[09:32] {Threei} ugh
[09:32] {Threei} disregard
[09:32] {Threei} was available before my vacation
[09:34] {Threei} tried .43 double lot... :(
[09:35] {Threei} look at it dropping
[09:35] {Threei} where is laserdave
[09:35] {Threei} trouting him would be a great relief
[09:35] {dino} meli l .01
[09:37] {magoo} brb..gotta go beat up the hot dog venor buns soggy
[09:38] {bruce} wear a diaper mags
[09:39] {Threei} that's where I would have covered first lot QID
[09:39] {Threei} and try for closer to 42 for second
[09:41] {bruce} matk really moved
[09:42] {bruce} any read on it now - possible short now?
[09:43] {Threei} quiote possible
[09:44] {Threei} watching
[09:44] {Threei} 31.97 - 32.08 recent range
[09:44] {Threei} so how about .96 short with .10 stop
[09:44] {liranm} symble?
[09:44] {bruce} works for me
[09:45] {liranm} symbol?
[09:45] {bruce} matk liran
[09:45] {magoo} back
[09:45] {lumdus} qid could have been nice :(
[09:47] * Threei slaps LaserDave1 around a bit with a large trout
[09:47] {Threei} that's for not having QID short
[09:47] * Threei slaps LaserDave1 around a bit with a large trout
[09:47] {Threei} and that's just because
[09:48] * magoo slaps LaserDave1 around a bit with a large trout
[09:48] {magoo} hey vad, dcc quick
[09:48] {Threei} magoo doesn't even bother to explain his trouting
[09:48] {Threei} I need to stop too
[09:50] {lumdus} market really moving during lunch time it seems
[09:51] {Threei} yeah... the only thing about market that never changes is a constant change
[09:51] {LaserDave1} no dont ever stop the trouting
[09:51] {lumdus} 3i, is it just my perception or is it true. seems like things are reallyumoving
[09:51] {LaserDave1} well stop to everyone else but not me
[09:52] * BillyD slaps LaserDave1 around a bit with a large trout
[09:52] * magoo slaps LaserDave1 around a bit with a large trout
[09:52] {magoo} billy he he
[09:52] {LaserDave1} nice thannks guys
[09:52] {BillyD} dave was feeling unloved
[09:52] {Threei} well, NQ moved over 40 points since 10:30 bottom... so I'll say it's moving :)
[09:52] {LaserDave1} not no more:)
[09:52] {BillyD} :)
[09:53] {bruce} matk worth try if it breaks long?
[09:53] {Threei} don't have feel for long on it anymore
[09:53] {Threei} breakdown I'd take, breakout I'd ignore
[09:53] {bruce} k - makes sense to me
[09:54] {bruce} looking prety overextended
[09:54] {bruce} was talking w a german businessman last week vad
[09:54] {bruce} he made comment I thought you might find of interest
[09:54] {magoo} yes vad..its got a magoo patented flatliner
[09:55] {bruce} says russian mafia is BIG problem in germany now
[09:55] {Threei} I'd say Germany made a big mistake being so close to Russia geographically
[09:56] {bruce} lol
[09:56] {bruce} poor planning
[09:56] {Threei} yup
[09:56] {dino} out meli .62 +.61
[09:56] {Threei} gotta remap things
[09:57] {patience} nice dino
[09:57] {magoo} dammit..the hot dog vendor just showed up in office with a police
[09:57] {dino} ty, think i may be out of my rut
[10:00] {Threei} dino's having blast aftrenoon
[10:00] {Threei} what else is new though
[10:01] {magoo} sigh
[10:01] {magoo} no one gets my hot dog joke
[10:01] {Threei} we didn't think it was a joke mas
[10:01] {Threei} mags
[10:01] * bruce slaps magoo around a bit with a large trout
[10:01] {patience} i got it magoo, in a manner of speaking
[10:01] {dino} negative 3 days in a row last week vad. really started to piss me off
[10:02] {Threei} happens
[10:02] {Threei} but when it comes to you, it corrects itself
[10:02] {Threei} just when it comes to magoo, noone thinks it's a joke when he goes and beats up hotdog vendor
[10:02] {magoo} patience..did u slap vad for me like i asked u too on friday?
[10:03] {Threei} hah
[10:03] {Threei} she did - with my own cat, no less
[10:03] {Threei} were you ever being slapped with a cat?
[10:03] {Threei} leaves deep sc ratches, I'm telling you
[10:04] {patience} i passed your message on magoo, vad just laughed at me
[10:04] {Threei} laughter quickly ceased though... claws are shrp
[10:05] {magoo} well, actually, wasn't a message..i wanted u to really smack him he he
[10:05] {Threei} MATK short invalidated
[10:06] {Threei} I still feel it's a short but can't find a structure for setup
[10:06] {bruce} biib long vad?
[10:06] {Threei} yes if stays above 58
[10:07] {Threei} best thing would be pullback to it
[10:07] {Threei} but if no pullback while NQ is drop;ping, break is valid on NQ bounce
[10:07] {bruce} k - thanx
[10:10] {Threei} if you took BIIB break, try to exit on a spike above .30
[10:11] {Threei} there
[10:12] {bruce} missed it - tryeed 58.10 entry
[10:26] {dino} sm l fslr .80
[10:31] {lumdus} nvda, going but no follow through. waste today
[10:38] {Threei} AKNS if breaks .50
[10:38] {Threei} long for a scalp
[10:39] {BillyD} see if she holds here
[10:39] {Threei} yes, under .35 not interested anymore
[10:42] {BillyD} stiil a go right
[10:43] {Threei} yes, held
[10:44] {Threei} invalidated
[10:52] {BillyD} AKNS still looks interesting
[10:52] {Threei} CSUN, I may get interested when it reaches 12
[10:52] {Threei} same setup billy
[10:52] {Threei} .50 break, .35 support
[10:53] {BillyD} yes
[10:53] {magoo} in
[10:55] {Threei} to eat through such an offer an not go after that??
[10:55] {magoo} man, it ate .50 like nothing
[10:55] {BillyD} how it trades though
[10:55] {magoo} u in
[10:55] {Threei} yes
[10:55] {BillyD} yes
[10:55] {dptl} me too
[10:56] {Threei} man... some stocks never met a toilet they couldn't overflow
[10:56] {BillyD} roflol
[10:56] {magoo} huh/
[10:56] {magoo} ?
[10:56] {Threei} now or never
[10:57] {lumdus} looks like never
[10:57] * Threei kicks AKNS in the rear with steel-toed heavy duty army boots
[10:57] {lumdus} ouch !
[10:57] {Threei} sorry... did I get you?
[10:59] {Threei} fiiiinally
[10:59] {Threei} vioence is the only thing that works
[10:59] {magoo} the price u pay lum lol
[10:59] {Threei} over 1:1, decide for yourself what to do
[10:59] {dptl} out .64
[10:59] {dptl} ty
[11:00] {Threei} welcome
[11:00] {magoo} out .66
[11:00] {Threei} hate it when the play is so obvious yet so labored
[11:00] {magoo} what is this 1:1 of which u speak??
[11:00] {BillyD} out here thx
[11:00] {lumdus} now the wekhands out we can goup :)
[11:00] {Threei} never mind mags, it's an old fetish of mine
[11:00] * BillyD slaps lumdus around a bit with a large trout
[11:01] {Threei} I just like saying things like 1:1
[11:01] {BillyD} weak hands still can slap lum :)
[11:01] * magoo slaps lumdus around a bit with a large trout
[11:01] {Threei} or 3.14
[11:01] * magoo slaps patience around a bit with a large trout
[11:01] {Threei} or 1/632
[11:01] {Threei} noone knows what they mean but they sound so scientifically
[11:01] {patience} moi magoo?
[11:03] {Threei} you guys slapped lum out of the room
[11:03] {magoo} seeing if u were awake:)
[11:03] {BillyD} lol
[11:04] {Threei} [14:02] *** Notice -- Client exiting: lumdus (RealityTra@ []
[11:04] {magoo} ROFLOL vad
[11:04] {BillyD} it was magoo's follow up power slap
[11:05] {Threei} see, my violence is carefully aimed and prfitable
[11:05] {BillyD} wait a did kick him first
[11:05] {magoo} true
[11:05] {Threei} nah, he just reflected on AKNS
[11:05] {Threei} showed sympathy so to speak
[11:07] {lumdus} yeah, my machine crashed. what the heck happend. you guys are violent :)
[11:07] {BillyD} glad you are back
[11:07] {dptl} lol
[11:09] {lumdus} billD you hit me and bang !
[11:10] {BillyD} magoo got ya to
[11:10] {BillyD} maggo must have got ya on way down
[11:11] {dino} lol
[11:11] {Threei} you out AKNS lum?
[11:12] {lumdus} yes,
[11:12] {Threei} whew
[11:12] {lumdus} .68 i got
[11:12] {Threei} machine crash while in trade... yechh
[11:12] {magoo} vad, AKNS is avail short
[11:12] {Threei} great exit
[11:12] {lumdus} i had the trailing stop thing going .03 trailing
[11:12] * magoo slaps lumdus around a bit with a large trout
[11:12] {magoo} i got .66
[11:12] {magoo} hit him billy
[11:13] * BillyD slaps lumdus around a bit with a large trout
[11:14] {magoo} man, its nice having vad back..its like...alls correct in magoo world again
[11:14] {lumdus} Noooo... my machine will crash again. 3i, take care of these gusy
[11:14] {magoo} rapid volley billy on 3..lets knock him out
[11:14] {Threei} sorry lum, no can do... all these years I tried and failed miserably
[11:14] * magoo slaps lumdus around a bit with a large trout
[11:14] * magoo slaps lumdus around a bit with a large trout
[11:14] * magoo slaps lumdus around a bit with a large trout
[11:15] {Threei} my tactic is to cral under the rock
[11:15] {Threei} crawl
[11:15] {Threei} and wait trout barrage out
[11:15] {lumdus} crawl ?
[11:16] {magoo} u can run vad, but u can't hide
[11:16] * magoo slaps Threei around a bit with a large trout
[11:16] {Threei} sigh
[11:16] {Threei} I don't know what you guys did while I was away
[11:17] {Threei} laserdave, dcc please
[11:17] {Threei} oh, and to reinforce the request...
[11:17] {dino} meli l .29
[11:17] * Threei slaps LaserDave1 around a bit with a large trout
[11:17] * magoo slaps LaserDave1 around a bit with a large trout
[11:18] {magoo} anyone slap the new guy yet?
[11:18] {Threei} I am going away
[11:18] {Threei} I can't watch it
[11:18] {Threei} be back in 5
[11:27] {dino} out meli -.29
[11:33] {dino} rinsed
[11:35] {Threei} can't believe MATK
[11:38] {magoo} AKNS again
[11:40] {Threei} it tries to stage this often-seen "late day rally on a big runner"
[11:40] {Threei} I don't have a read on it here
[11:40] {BillyD} keyword...tries
[11:41] {magoo} watching SOLF as a bouncer too
[11:43] {Threei} solars took solid beating today
[11:44] {BillyD} hopefully some rebound opportunities tomorrow
[11:44] {BillyD} they kept getting hit while down on the matt today
[11:49] {lumdus} billyD my luck was not too good today either. everything i scalped when up huge and everything i didn't scalp i got stopped out.
[11:50] {BillyD} lum, always tomorrow...some dauys like that....part of the game
[11:50] {lumdus} yeah, i know
[11:54] {BillyD} its own world
[11:54] {Threei} where there is no gravity
[11:54] {lumdus} we thinking short yet ?
[11:54] {Threei} I always suspected gravity was ahoax anyway
[11:54] {Threei} not really
[11:55] {Threei} last short setup on it never triggered
[11:55] {Threei} it tries to form double top right now
[11:55] {Threei} but with resistance .15 and trigger .95, not sure
[11:57] {Threei} it would be acceptable range if it wasn't so thin with .10 spread
[12:00] {Threei} see? invalidated, never triggered
[12:00] {Threei} no gravity for MATK
[12:01] {bruce} why not close eyes and just press buy on matk vad?
[12:02] {Threei} ummmm
[12:02] {Threei} because when you feel this is the only way to play it and go for it... that's when it ends :)
[12:03] {bruce} matk thinks its 1992 again
[12:03] {BillyD} ROFLOL
[12:14] {Threei} NIHD, watching for bounce scalp
[12:14] {Threei} 51.08 half lot long stop under 51
[12:15] {Threei} purely risk based setup
[12:15] {Threei} if loses 51 before triggering, wait for close to 50.50 for another entry chance
[12:19] {magoo} u in?
[12:19] {Threei} yes
[12:19] {Threei} such confident chewing through big offer at .04, I don't ignore this kind of things
[12:21] {Threei} 1:1
[12:21] {dptl} offering .43
[12:21] {Threei} wow
[12:21] {Threei} some are greedy
[12:21] {dptl} lol
[12:21] {BillyD} i took 1:1 thx Vad
[12:21] {Threei} and I am right in the middle of you two
[12:21] {Threei} half out
[12:22] {dptl} out.20
[12:22] {Threei} hmmm
[12:22] {Threei} I lose faith in humanity
[12:22] {Threei} are you greedy or are you not?
[12:22] {Threei} you are confusing me
[12:23] {dptl} change my mind
[12:23] {BillyD} fear of loss greed
[12:23] {Threei} half is still here for me, stop at .03
[12:25] * Threei crosses dptl out of the list of greedy ones and moves him to the list of mind-changers
[12:25] {dptl} :)
[12:27] {Threei} magmeister, you took it?
[12:27] {Threei} out balance
[12:27] {Threei} scalpers win
[12:27] {Threei} again
[12:28] {dptl} good i changed my mind
[12:28] {magoo} missed entry
[12:29] {BillyD} you're a 1/2 winner Vad
[12:29] {Threei} ok, don't go for it on this return
[12:29] {Threei} lol billy
[12:29] {Threei} let's see if it forms new setup, no entry on price alone
[12:30] {Threei} wow AKNS
[12:30] {Threei} that's some retreat
[12:30] {Threei} good thing we didn't believe in late rally on it
[12:31] {lumdus} yeah, we are all short termers
[12:32] {Threei} on this planet you mean?
[12:32] {Threei} come on, don't gop all philosophical on us
[12:33] {BillyD} [13:02] {Threei} because when you feel this is the only way to play it and go for it... that's when it ends :)
[12:33] {BillyD} some philosophy there
[12:33] {Threei} oh, that's simple tape reading... :)
[12:34] {BillyD} or sense of hopelessness and not want accountability
[12:34] {Threei} crowd gives up to temptation, believing that there is no end to the move...
[12:34] {Threei} and that's the last crop of buyres
[12:34] {Threei} after that there is noone left to buy
[12:35] {BillyD} [13:01] {bruce} why not close eyes and just press buy on matk vad?
[12:36] {Threei} I actually had another version of answer in mind
[12:36] {BillyD} the whole scanario is just applicale to something in the Disciplined Trader
[12:36] {Threei} but then decided it would be too rude for my first after vacation day, gotta let you get used to my antics gradually
[12:36] {Threei} that version was "sure... you first"
[12:37] {Threei} but guess what
[12:37] {BillyD} don't flatter youself.....we know you and it's too late
[12:37] {Threei} bruce was right {G}
[12:37] {Threei} lol
[12:37] {BillyD} yes, random sometimes is
[12:37] {Threei} I like to think people still have some delusions about my manners...
[12:38] {BillyD} not that bruce is random
[12:39] {Threei} gosh, we playd MATK around 31
[12:39] {BillyD} yup, if we'd just listened to bruce
[12:39] {magoo} AKNS was a giood short
[12:39] {Threei} 30.95 - 31.24 for me
[12:39] {magoo} i mentionred it several times
[12:40] {Threei} sure did mags
[12:40] {Threei} I never found the guts
[12:40] {magoo} i just hit loss of 14..covered .69
[12:40] {Threei} wtg
[12:40] {BillyD} at .35 I wouldn't hit it
[12:40] {BillyD} nice mags
[12:40] {magoo} but it is risky of course
[12:41] {Threei} NIHD approaches 50.5
[12:41] {Threei} watching
[12:41] {Threei} oh, less than 20 min till eod
[12:41] {Threei} maybe not
[12:44] {Threei} funny day... wasn't easy for neither shorts or longs
[12:44] {Threei} scalpers win
[12:44] {bruce} nice drop nvda
[12:44] {Threei} (again)
[12:44] {Threei} don't you hate them
[12:44] {Threei} wait... it's us
[12:45] {bruce} pogo said - we have seen the enemy...
[12:45] {Threei} :)
[12:45] {BillyD} lol
[12:46] {BillyD} and the enemy is within
[12:47] {dino} l jaso .80
[12:49] {magoo} hey vad, this has been the mkt tone while u were away, scalps
[12:49] {Threei} fine... let's roll with the punches then
[12:49] {magoo} just to bring u to speed, many days of this
[12:49] {Threei} it's not like we don't know how to scalp :)
[12:49] {Threei} in fact, it's practically all we know, lol
[12:49] {magoo} where can i read up on scalping?
[12:49] {Threei} lol
[12:49] {Threei} really
[12:50] {Threei} hmmm
[12:50] {magoo} NO
[12:50] {Threei} what just happened with NQ?
[12:50] {BillyD} think there is a blog or something
[12:50] {dino} jaso stop to .40
[12:50] {magoo} holy cow..didn't even see that
[12:51] {Threei} market says "read this"
[12:51] {dino} out jaso .50, +.70
[12:52] {Threei} look at FSLR bounce
[12:52] {dino} thats why i took jaso
[12:52] {Threei} 12 points as if it was 15 cents
[12:52] {Threei} good thinking dino
[12:52] {magoo} bidu too
[12:53] {dino} even a blind chicken can get some corn
[12:53] {BillyD} lol
[12:53] {BillyD} good one
[12:54] {dino} spwr maybe
[12:54] {Threei} show me one who claims he could read today's intraday NQ moves and I'll show you a liar
[12:55] {dino} l .80
[12:55] {dino} no good stopped
[12:55] {lumdus} 3i, ok, here you go 3i. Jack Hanzersjer fro Ftdy trading.
[12:56] {dino} calling it a day, first profittable in '08
[12:56] {magoo} i could
[12:56] {Threei} I'll take credit for that if you don't mind dino
[12:56] {Threei} my return inspired you
[12:56] {dino} roflol
[12:56] {magoo} u calling me a liar lol?
[12:56] {lumdus} ok, and today is my first lost. you take credit for that 3i ? . just lost comm.
[12:57] {Threei} nope
[12:57] {magoo} u pushing your luck lum
[12:57] * magoo slaps lumdus around a bit with a large trout
[12:57] {dino} biib
[12:57] {lumdus} no biggie. first day was awesome. good for a month.
[12:58] {Threei} ok guys, thank you all
[12:58] * bruce slaps Threei around a bit with a large trout
[12:58] {Threei} have a good evening, see you tomorrow
[12:58] {magoo} when u coming back vad?
[12:59] {Threei} couple more undeserved trouts, and never :)
[12:59] * magoo slaps Threei around a bit with a large trout
[12:59] {bruce} need to keep you humble vad
[12:59] {Threei} but I am humbliest man on earth
[12:59] {dptl} have a good evening all
[12:59] {Threei} noone is as modest as I am
[13:00] {bruce} {Threei} I'll take credit for that if you don't mind dino
[13:00] {bruce} you bet
[13:01] {dino} thx
[13:01] {bruce} congrats dino
[13:01] {bruce} green today too
[13:01] {bruce} still in red for month though
[13:01] {dino} great job, strange moves, but did well
[13:01] {BillyD} it's early bruce :)
[13:01] {BillyD} wtg dino
[13:02] {BillyD} down a little here
[13:02] {bruce} is it unusual for you to have 3 red days in row dino?
[13:02] {dino} we'll get there bruce, thx bd
[13:02] {dino} yes, usually only 3 or 4/month red
[13:02] {bruce} yep - counting on it - going to be a good yr
[13:02] {bruce} k- thought so
[13:03] {bruce} I only had 2 red days in dec
[13:03] {bruce} but already beat did that this month
[13:03] {bruce} so time to turn it around
[13:03] {dino} holidays and a bad cold screwed me up i think, but then again, no excuses
[13:03] {bruce} night all
[13:03] {bruce} see everyone tomorrow
[13:03] {BillyD} bye all
[13:12] {magoo} dave, u here?

Friday, January 4, 2008

January 4, 2008

Session Start: Fri Jan 04 00:00:00 2008

Session Time: Fri Jan 04 00:00:00 2008

[06:03] {lumdus} morning all. when is our leader comming back ?
[06:05] {bruce} morning lum
[06:06] {bruce} no idea
[06:06] {cosmo} 2012?
[06:07] {bruce} he,s probably in nigeria as we speak
[06:08] {cosmo} quetzalcoatl?
[06:09] {bruce} timbuktu
[06:10] {BillyD} morning all
[06:10] {BillyD} lum, I think mon or tues
[06:10] {bruce} morning billy
[06:10] {lumdus} tx billD
[06:11] {magoo} morning rt
[06:11] {BillyD} magoo :)
[06:11] {patience} morning guys
[06:11] {lumdus} maggo
[06:11] {BillyD} patience :)
[06:12] {bruce} hi patience
[06:13] {bruce} heard the new marketing campaign for edge?
[06:13] {bruce} Are you "too rich"?
[06:13] {bruce} has your trading become boring and routine?
[06:13] {bruce} trade the DIRECT EDGE!
[06:14] {bruce} our delayed quotes will add a new level of excitement to your trading experience
[06:14] {bruce} imaigine -
[06:15] {bruce} being able to see in your level 2 screen exactly what a stock was doing 2 minutes ago
[06:15] {bruce} or 3
[06:16] {bruce} now you can trade with reckless abandon
[06:16] {bruce} realizing that with the direct edge you have no clue what a stock isdoing!
[06:17] {bruce} catchy don't you think?
[06:17] {cosmo} it must be double edged...
[06:18] {esemde} morning all...
[06:18] {BillyD} ese:)
[06:19] {esemde} billy
[06:19] {BillyD} solars not in favor so far
[06:19] {dino} gm all
[06:19] {BillyD} :)
[06:19] {esemde} yes.....noticed that
[06:19] {esemde} dino
[06:19] {BillyD} AKNS holding up the best so far
[06:19] {esemde} any particular reason?
[06:20] {BillyD} busineek mention I believe
[06:20] {BillyD} it's on yahoo
[06:20] {BillyD} businessweek
[06:28] {BillyD} gonna be patient today
[06:28] {magoo} do not fight the mkt today in..if downm is thge day..think short
[06:29] {magoo} we need to see if breakouts fail..
[06:29] {BillyD} thye did yesterday
[06:29] {BillyD} for the most part
[06:29] {magoo} yes
[06:29] {esemde} excellent point magoo....
[06:29] {lumdus} so let's all post what we are doing - so we watch each others back .. good idea ?
[06:33] {dino} fxp
[06:34] {lumdus} can't get level II on fxp
[06:35] {dino} didn't fill
[06:35] {magoo} i was rejected on buy of fxp, billy, see if u can put a buy in on it..just where it will not fill
[06:36] {BillyD} nope
[06:36] {BillyD} won't wokr
[06:36] {BillyD} work
[06:36] {magoo} nope, u will not try lol..or no to avail to buy?
[06:37] {BillyD} lol...says invalid symbol
[06:37] {magoo} ok, ty..its w/bear than
[06:38] {Roman} long HSOA small
[06:38] {Roman} 1.25
[06:39] {bruce} arca delayed this am
[06:40] {dino} sigm l .65
[06:41] {dino} nyx l .25
[06:41] {Roman} DSTI
[06:41] {Roman} long 6.5
[06:41] {Roman} 1/3 size
[06:43] {Roman} CSIQ possible bouncer from here
[06:43] {bruce} dsti stop about 6.30 roman?
[06:44] {Roman} 6.28
[06:47] {Roman} ANKS radar
[06:47] {esemde} akns....theres one break that didn't fail
[06:48] {esemde} .66 level
[06:50] {magoo} careful
[06:51] {dino} out nyx .65, +.40
[06:52] {Roman} HOKU srtong
[06:54] {Roman} long MGPI 9.87 small
[06:55] {BillyD} in CTDC .10 small
[06:56] {bruce} mgpi stop?
[06:57] {Roman} it's super thin
[06:57] {Roman} so a stop would be 9.55
[06:57] {bruce} k
[06:58] {BillyD} out ctdc -.03
[07:00] {Roman} ECONX ISM Services 53.9 vs 53.5 consensus
[07:03] {Roman} out DSTI +.30
[07:03] {Roman} out MGPI
[07:03] {BillyD} PEIX has life
[07:03] {Roman} MGPI should following PEIX
[07:04] {Roman} NQ is freaking me out
[07:04] {magoo} loooks weak
[07:04] {magoo} nice dsti
[07:05] {Roman} probably not done, will spike over 7
[07:05] {Roman} XMSR
[07:05] {Roman} feels long
[07:06] {Roman} HSOA -.11
[07:07] {Roman} HOKU just sqeezing
[07:08] {magoo} i have no success w/HOKU tho
[07:09] {lumdus} same here magoo. had it and washe me quickly
[07:09] {dino} fast trades, sorry for not posting
[07:09] {magoo} well, size down lum if u feel u have good read on general direction
[07:09] {BillyD} HOKU: sometimes it continues and sometimes if not taking profit it quickly offers a stop
[07:09] {magoo} as in..400 shares or 300
[07:10] {magoo} my prob is..i never notice it until its already up good..then i go for next breakout and it f's meb
[07:10] {BillyD} very true
[07:11] {lumdus} yeah make sense
[07:11] {BillyD} SEED hot today
[07:12] {Roman} long JADE
[07:14] {cosmo} EMKR gets CNBC bump
[07:14] {cosmo} a solar co.
[07:15] {Roman} ENER mentioned tooo
[07:15] {cosmo} watching
[07:16] {Roman} NFF
[07:16] {Roman} NBF
[07:17] {Roman} in 2.90
[07:17] {magoo} nothing comes up w/nbf otr nff
[07:18] {Roman} JADE stop 4.30
[07:18] {Roman} NBF
[07:18] {Roman} Nove Biosource
[07:18] {Roman} Nova
[07:18] {BillyD} does here magoo
[07:19] {magoo} not for me, it it amex or bulletin board?
[07:19] {BillyD} amex
[07:19] {magoo} ok
[07:19] {Roman} it was mentioned on CNBC
[07:20] {esemde} serious NAZ breakdoen today.... below support
[07:21] {esemde} sorry not quite ...about 2550 would be it
[07:24] {dino} \]fxp l .85
[07:25] {Roman} out NBF flat
[07:31] {dino} out fxp flat
[07:34] {dino} tbsi l .35
[07:47] {magoo} vads timing was great
[07:47] {magoo} took the right days off
[07:47] {magoo} this is one mean mkt
[07:47] {magoo} both ways
[07:48] {BillyD} yeah, have tried aggressive plays and traditional and seemed to get stoppoed more often
[07:50] {esemde} agreed billy.....can't seem to find anything on my side as well
[08:03] {dino} dow down 4.4% in 5 days
[08:04] {dino} comp worse, 6%
[08:04] {magoo} down 75 naz..pretty big hit
[08:06] {BillyD} Happy New
[08:07] {magoo} some day i am going to trust my overall read
[08:07] {BillyD} roflol
[08:07] {magoo} i shorted 200 shares of bidu from 370 and covered 366
[08:07] {magoo} BUT, i really felt it was going to lows
[08:07] {magoo} need to buy 100 shares and just let it go
[08:08] {magoo} gave up 7 points
[08:08] {BillyD} do it next time if same feeling
[08:08] {bruce} sds strong today
[08:09] {BillyD} I start thining lock in profit....and I ended up exiting 2nd half as well
[08:09] {BillyD} and stock continues to where I thought
[08:10] {magoo} yeah..thats the problem
[08:11] {magoo} if reverses hard and stops u first..u pissed you gave up the 4 pts
[08:11] {magoo} do not know the answer
[08:11] {BillyD} well...I think answer is accepting the outcome no matter what happens
[08:12] {BillyD} I think once we trust ourselves more the ones to exit and the ones to hold will become more clear
[08:17] {lumdus} very tough out there today. i am so flaat
[08:19] {magoo} u are fat??
[08:20] {bruce} don't be rude mags
[08:20] {lumdus} just a little profit
[08:20] * bruce slaps magoo around a bit with a large trout
[08:20] {magoo} how about a slap for that bruce lol?
[08:20] {magoo} he he
[08:20] * bruce slaps magoo around a bit with a large trout
[08:20] {magoo} as typed
[08:20] {bruce} k
[08:20] {bruce} thers another
[08:23] {BillyD} I like the way SEED holds
[08:27] {BillyD} kiss of death lol
[08:29] {magoo} akns held well
[08:35] * Chaeron slaps magoo around a bit with a large trout
[08:36] {magoo} hey bud:)
[08:36] {bruce} market reverszl here or getting ready for next leg down?
[08:36] {Chaeron} :) good to see everyone, except most are missing
[08:36] {BillyD} we'll see bruce
[08:37] {BillyD} hard to say
[08:37] {bruce} lol chaeron
[08:38] {Chaeron} they're all slackers
[08:38] {bruce} nothing wrong with that
[08:38] {bruce} would love to be a good trader - make great money
[08:38] {bruce} and take lots of days off
[08:38] {dptl} good morning all
[08:38] {bruce} hey dp
[08:42] {magoo} shit bruce..i thought u were..i been taking all your picks
[08:42] {magoo} dp:)
[08:42] {bruce} christ
[08:42] {bruce} I've been taking yours
[08:43] {lumdus} yeah bruce i though you the best
[08:43] {bruce} well thanx lum
[08:43] {bruce} I try to add some entertainment factor to the room at any ratte
[08:45] {bruce} nvda long off .6?
[08:46] {BillyD} I would wait for a mkt spike of some sort
[08:46] {BillyD} imo
[08:46] {magoo} if qqqq heads up..i like 100 shares bidu long..tends to follow naz/qqqq
[08:47] {magoo} give it point half stop and try to lay out 2-3 points
[08:47] {magoo} needs mkt help tho
[08:47] {magoo} and u must obey the stop
[08:49] {magoo} may noit develope
[08:49] {magoo} qqq could roll here
[08:49] {bruce} yep - starting to look like we may have serious red day today
[08:51] {dino} bounce coming into lunch imo
[08:55] {bruce} taking a break here
[08:55] {bruce} check refrig for something to bounce
[08:56] {dino} sgr l trig .00
[09:19] {dino} out sgr .13, +.13
[09:20] {dino} stupid, had .55
[09:22] {Roman} JADE getting ready for $5
[09:22] {dino} holx
[09:25] {esemde} what are you thinking about doing with it dino?
[09:25] {esemde} shorting
[09:29] {dino} y
[09:30] {dino} at ,99
[09:30] {esemde} tks..
[09:31] {esemde} I may join you....i have to learn to short....i don't do much of it
[09:32] {dino} stop is hod
[09:32] {dino} stopped
[09:32] {dino} strong
[09:33] {dino} rinsed
[09:38] {Roman} out JADE +48
[09:39] {Roman} .38
[09:40] {esemde} HOLX strong indeed dino
[09:42] {dino} argn l .50
[09:49] {Roman} in HAUP swing (swing) small
[09:49] {Roman} risky
[09:50] {bruce} argn stop .15 or so dino?
[09:56] {dino} .23 for me
[09:56] {bruce} k
[10:03] {dino} stopped, i pretty much suck today
[10:03] {dino} back in 10
[10:04] {bruce} I can't make reversla plays work so far this yr dino
[10:04] {lumdus} there is no follow through on anything yet .. NVDA triggererd and then bounce - what the heck !
[10:04] {bruce} sorry lum
[10:04] {dino} same problem bruce, and unfortunately, thats my thing
[10:05] {bruce} may be better next week w volume picking up dino
[10:05] {bruce} hope so
[10:05] {BillyD} it seems pullbacks into areas of good support is best odds
[10:05] {BillyD} and you can't be too early it seems
[10:07] {BillyD} overall it is a mixed bag in some working and some not
[10:07] {lumdus} quick scalps only .10 max
[10:07] {BillyD} yes lum
[10:08] {BillyD} then ones goes .40 and throws you off
[10:09] {bruce} or you exited and kick yourself
[10:09] {BillyD} exactly bruce
[10:10] {lumdus} exactly hat's happening to me today. frustrating.
[10:10] {bruce} the 10 cs add up if you can avoid to o many stops
[10:13] {magoo} magoo wacks head on keyboard..wakes up..what i miss??
[10:16] {dino} nothing magoo, go back to sleep
[10:17] {bruce} just broken keyboard mags
[10:17] {bruce} possible scalp brcm
[10:18] {lumdus} magoo, nothing but stops today. crazy
[10:18] {bruce} .20 w .09 stop
[10:28] {magoo} see, i lucked out..went 2 for 2...and do not want to give it back..this market blows imho
[10:28] {magoo} only did 2 trades
[10:29] {lumdus} good for you magoo. should have also done that. i blew my profit and now down
[10:29] {lumdus} i wait for the setups take them and they blow
[10:29] {lumdus} had a few good ones
[10:30] {bruce} sounds like you did well yesterday lum?
[10:30] {lumdus} yes, yesterday was awesome
[10:30] {lumdus} today i can't get it together yet
[10:30] {lumdus} i shorted brcm, the damm thing wont move
[10:31] {dino} sgr l .55
[10:38] {esemde} dammmmm....BMRN bouth the break.....and now!!!!!!!!
[10:39] {lumdus} dammn brcm not moving yet
[10:39] {esemde} out ....forget it man......this day &^%*&% ...
[10:40] {lumdus} you said it ese
[10:40] {esemde} bull trap....i believe they call it
[10:40] {magoo} lows of day here
[10:41] {magoo} can't imagine people wanting to run it up into a weekend, with end of world and all coming
[10:41] {lumdus} breaks, reverse.. not much good follow throuh yet
[10:42] {esemde} end of the world........????
[10:43] {lumdus} you missed it essse
[10:43] {esemde} phewwwww
[10:47] {dino} shorts may decide to cover, and pop it up
[10:47] {dino} bear markets shorts cover friday....bull markets long sell fridays was how we used to play
[10:48] {dino} but then again.......
[10:48] {lumdus} rules are chaning it seems.
[11:01] {dino} rgen drop
[11:11] {lumdus} finally damm aapl
[11:38] {magoo} .
[11:38] {magoo} lll
[11:38] {lumdus} llll ?
[11:39] {lumdus} magoo you have the good overall pic for the market you called it great !
[11:40] {dino} lod's
[11:41] {dino} going for -300 dow
[11:47] {patience} what a day...7 trades, $10 profit...shake my head and bang it against the table
[11:47] {BillyD} roflol
[11:48] {BillyD} pretty much same thing here patience
[11:48] {patience} i get into a trade and it goes to sleep
[11:49] {bruce} smart patience
[11:49] {bruce} beats wrecking a keyboard like mags
[11:49] {BillyD} I amshort DSTI at .53 and while mkt is selling it won't go down
[11:50] {patience} i'm waiting for the last 15 minutes of the day to see if there are indications for next week, otherwise I'm just sitting and doing nothing
[11:53] {lumdus} thatt's why you called patience
[11:54] {dino} pretty brutal week
[11:55] {dino} comp -3.75% in a day
[11:58] {dino} c'mon run it up 100 into the close
[12:02] {bruce} now mags -
[12:02] {bruce} if you'd just shorted market on open
[12:02] {Chaeron} if...
[12:02] {bruce} and gone to sleep for rest of day!
[12:02] {dino} brb
[12:04] {patience} only money i made was on sds which you mentioned earlier bruce
[12:10] {magoo} i know whats wrong
[12:10] * magoo slaps Chaeron around a bit with a large trout
[12:10] * magoo slaps bruce around a bit with a large trout
[12:10] * magoo slaps BillyD around a bit with a large trout
[12:10] * magoo slaps Roman around a bit with a large trout
[12:11] * magoo slaps dino around a bit with a large trout
[12:11] * magoo slaps dptl around a bit with a large trout
[12:11] * magoo slaps esemde around a bit with a large trout
[12:11] * magoo slaps hawkfan4 around a bit with a large trout
[12:11] * magoo slaps LaserDave1 around a bit with a large trout
[12:11] * magoo slaps lumdus around a bit with a large trout
[12:11] * magoo slaps patience around a bit with a large trout
[12:11] {magoo} THERE!
[12:11] * BillyD slaps magoo around a bit with a large trout
[12:11] {magoo} HEY..whats that for /??
[12:12] {BillyD} dunno what happened.......finger hit mouse before I knew what happened....must be intiition
[12:12] {BillyD} intuition
[12:19] {dino} dptr
[12:19] {BillyD} yeah, I wouldn't take the 22.50 b/o cause it jumped from 22
[12:20] {BillyD} mkt can make you feel stupid if you let it
[12:20] {dino} ok
[12:20] {esemde} grrrrr it's a revenge trade grrrr.........long BMRN...57
[12:20] {esemde} dino style......waited for the bounce
[12:22] {esemde} lost -.21 that first time.......we'll see what happens this time
[12:22] {dino} gl]
[12:23] {esemde} OUt .76 +.
[12:23] {esemde} opps +.17
[12:24] {patience} nice to see it worked ese....
[12:24] {esemde} tks.....just barely
[12:25] {esemde} still.03 short....grrrrrrrrrrrr
[12:26] {esemde} hmmmm 21 - 17 =4 hmmm bad math.....make that 4 cents short
[12:26] * bruce slaps magoo around a bit with a large trout
[12:27] {bruce} sorry for keeping you waiting mags
[12:27] {dino} gj
[12:27] {esemde} man now that was out of nowhere....
[12:28] {esemde} all have a great weekend.....see ya monday
[12:28] {patience} when does school start up ese?
[12:28] {esemde} Monday.....
[12:29] {patience} party this weekend then :)
[12:29] {esemde} back to earning a living.....will rethink the party thing though
[12:29] {bruce} take care ese
[12:29] {esemde} bye bruce
[12:30] {BillyD} something up with SEED
[12:33] {dino} later ese
[12:39] {bruce} akns
[12:40] {BillyD} looks like superman bruce
[12:43] {bruce} a bit of market euphoria
[12:44] {bruce} solf too
[12:47] {dino} not fslr tho
[12:47] {bruce} no
[12:47] {bruce} lots of red dino
[12:47] {bruce} not much recovery in the q's or dow
[12:47] {patience} i'm sitting in cash....thinking there will be margin calls next week if no surprise fed rate cut
[12:48] {dino} i'm thinking big bounce, then drop
[12:48] {bruce} at least it's been the best week of the year so far
[12:49] {patience} vad will be at my house within the our for his cat....i look forward to him being back on Monday. Should be interesting next week,
[12:49] {bruce} sure looks that way dino
[12:50] {bruce} bre sure to tell him he missed spectacular week patience
[12:50] {patience} definitely because he is going to brag about how hot it was in san diego
[12:51] {dino} added a few swings today, may be wrong, will dump on a bounce
[12:51] {dptl} :)
[12:51] {magoo} slap vad for magoo patience
[12:51] {patience} right, i'm sure Mrs. Vad will be impressed with me magoo
[12:51] {bruce} who cares abvout sun when you can have funb getting worked over by market?
[12:52] {magoo} close at lows it seems
[12:52] {dptl} poor nasdaq
[12:53] {magoo} look just remember..we as a group here don't care which way it goes
[12:54] {magoo} next week, no preconcieved ideas
[12:54] {magoo} if down..we short..if up we look for bounces
[12:54] {BillyD} well said magoo
[12:54] {bruce} thats for you to say mags
[12:54] {bruce} me -
[12:54] {bruce} I'm planning on making money
[12:54] {magoo} so am i
[12:54] {bruce} lol
[12:55] {magoo} but if more pain..we'll think short
[12:55] {bruce} yep
[12:55] {bruce} I like short anyway
[12:55] {magoo} christ...i was watching FSLR when it was only down 7
[12:55] {magoo} asa short
[12:55] {magoo} got interrupted here..look down 21
[12:56] {magoo} old friend stopped in office
[12:56] {magoo} lost my focus
[12:56] {magoo} anywho
[12:56] {bruce} today was a trend
[12:56] {bruce} look at fdx
[12:56] {bruce} nice clean chart
[12:56] {magoo} there could be more downside..or there could be a bounce
[12:56] {bruce} down then up
[12:57] {magoo} who cares..we just need to identify the mkt tone monday
[12:57] {BillyD} roflol
[12:57] {magoo} getting a brew..anyone else want one while i'm uop?
[12:57] {bruce} sure
[12:57] {dptl} me
[12:57] {bruce} pass em over
[12:58] {patience} might as well make it a couple for me magoo,,,,thanks
[12:58] {magoo} that-a-girl patience
[12:58] {bruce} next week will be better dino
[12:58] {BillyD} some serious volatility lately on certain stocks
[12:59] {bruce} green today but couldn't make reversals work at all this week
[12:59] {dino} thx for the beer magoo
[12:59] {BillyD} have a good wknd all
[13:00] {bruce} same to you billy
[13:00] {dptl} take care all ,have a good weekend
[13:00] {BillyD} bruce, no going to a psychic to see what mkt gonna do next week
[13:00] {BillyD} couldn't resist bruce :)
[13:01] {bruce} why go to a psychic?
[13:01] {bruce} more fun to just trout magooo
[13:01] {BillyD} lol
[13:01] {magoo} c u guys monday, and gal:)
[13:02] {bruce} yeppers
[13:02] {patience} have a good weekend guys
[13:02] {bruce} going open some of that good canadian beer here mags
[13:02] {bruce} bye all
[13:17] {dino} gn all
Session Close: Sat Jan 05 00:00:00 2008

Thursday, January 3, 2008

January 3, 2008

Session Start: Thu Jan 03 00:00:00 2008

Session Time: Thu Jan 03 00:00:00 2008

[05:58] {dino} gm all
[05:59] {patience} morning guys
[06:01] {dptl} good morning all
[06:06] {magoo} morning
[06:10] {BillyD} morning
[06:11] {magoo} solf
[06:11] {BillyD} yup
[06:12] {BillyD} CSUN looks poised
[06:13] {BillyD} tricky one
[06:13] {magoo} 40 magnate on SOLF..may pullbk at open..
[06:21] {cosmo} SCRX: Sciele says FDA approves new formulation of blood-pressure drug
[06:21] {cosmo} at Reuters (Wed 6:37pm)
[06:22] {cosmo} 23.70 pre mkt high
[06:24] {cosmo} KONG
[06:25] {cosmo} KongZhong Corporation Announces Strategic Alliance Agreement with China Sports Industry Group Co., Ltd.
[06:25] {cosmo} PR Newswire (Thu 8:00am)
[06:31] {Roman} CTDC
[06:31] {Roman} radar
[06:33] {bruce} l csun - stop 17.80
[06:40] {esemde} morning all SCRX....FDA approval of some drug
[06:43] {bruce} stopped csun
[06:45] {dino} vrtx s .50, stop .83
[06:46] {esemde} long SCRX 22.30...
[06:48] {dino} hmmm
[06:49] {dino} nice ese
[06:49] {esemde} tks
[06:51] {esemde} had bstop in at 22.40 got filled at .30
[06:55] {dino} happening alot to me, slippage
[06:56] {dino} i'm thinking short
[06:56] {BillyD} CSUN ruthless
[06:57] {dino} gs taking a beating last two days
[06:58] {lumdus} BillyD Csun - playing with the devil
[06:58] {Roman} SATC
[07:01] {dino} and remember, you can't change the devil...but he can change you
[07:02] {dino} risky, sm l morn .85
[07:07] {dino} vrtx bstop to b/e
[07:07] {dino} morn stop to .33
[07:09] {dino} out morn, ave .33, +.48
[07:10] {esemde} out SCR$X .53 +.23
[07:10] {lumdus} satc working for roman
[07:11] {dino} gj ese
[07:11] {dino} you kept me from shorting it
[07:12] {esemde} tks dino
[07:14] {dino} vrtx bstop to .39
[07:17] {dino} cov vrtx .22, +.28
[07:17] {Roman} DSTI near 7
[07:17] {Roman} waiting for pullback to enter
[07:20] {Roman} SPIR another solar but very lov volume and thin
[07:21] {magoo} billy, u here?
[07:21] {BillyD} yes
[07:21] {magoo} how do i block out edgex?
[07:21] {dino} scrx s .64, stop .88
[07:22] {BillyD} right click L2
[07:22] {magoo} ok
[07:22] {BillyD} go to hidden MM tab
[07:22] {magoo} k
[07:22] {BillyD} type EDGA and add
[07:23] {BillyD} EDGX and add
[07:23] {BillyD} GAB and add
[07:23] {magoo} in box above ADD?
[07:23] {BillyD} GXB and add
[07:23] {BillyD} check hide market maker box
[07:23] {BillyD} click apply and then click ok
[07:23] {BillyD} yes above add
[07:23] {magoo} type in the box on right above ADD?
[07:24] {BillyD} yes
[07:24] {BillyD} the white box
[07:24] {BillyD} then click add
[07:25] {magoo} i have arca and others listed thewre in left, should they be there?
[07:25] {BillyD} no, click on them and delete them
[07:27] {magoo} hey, THANX
[07:27] {BillyD} sure
[07:28] {magoo} that edgx is worthless exchange
[07:28] {dino} scrx bstop to .76, not moving
[07:28] {hawkfan4} i agree completely mags
[07:28] {magoo} yup
[07:30] {dino} stopped scrx -.12
[07:31] {dino} sigm stopped, yesterday, .85, +.51
[07:33] {magoo} roman, u in dsti?entry?
[07:36] {Roman} i am not in
[07:36] {lumdus} we are in . 6.98 when he called it
[07:36] {Roman} wanted a pullback
[07:36] {lumdus} we got the pullback below 7 i though
[07:36] {lumdus} what is the stop on it 7.09 ?
[07:36] {Roman} 7.03
[07:37] {dino} morn l .59
[07:37] {lumdus} tx
[07:37] {bruce} vlo dino
[07:38] {dino} yw
[07:40] {Roman} long PEIX
[07:40] {Roman} small, slow
[07:40] {dino} hmmm vlo
[07:43] {Roman} watching metals: GOLD & PAAS
[07:45] {dino} nice spot bruce, missed it
[07:45] {bruce} it moved fast dino
[07:46] {dino} i was at .01
[07:47] {dino} celg s break of .75
[07:48] {dino} ok, bstop is .02
[07:48] {dino} akns again
[07:51] {Roman} PEIX stop 8.20
[08:13] {lumdus} ctdc wow !
[08:18] {BillyD} wanted a dip below 10 on CTDC
[08:20] {lumdus} if it goes under 10.19 you can buy my CTDC :)
[08:20] {BillyD} thx :)
[08:20] {lumdus} is there any news on it ?
[08:20] {BillyD} don't know
[08:21] {BillyD} you can check it on yahoo
[08:22] {magoo} ,man DSTI
[08:25] {Roman} out PEIX +.44
[08:26] {magoo} SOLF going for 40..RISKY
[08:28] {lumdus} hoku and solf related ?
[08:28] {magoo} no
[08:29] {magoo} hoku is a monkey...solf a gorrilla
[08:29] {lumdus} hoku, was waiting for a pullback that never happened
[08:30] {esemde} HOKU...
[08:31] {esemde} sorry lum didn't see your post
[08:31] {Roman} lumdus, both are solar HOKU & SOLF
[08:31] {lumdus} tx roman .. that was my question
[08:31] {Roman} FCEL bouncer
[08:32] {dino} ttes
[08:32] {magoo} sorry lum..i thought u meant as in trade/move together...not really to that
[08:33] {magoo} like solf and csiq kinda go in harmony
[08:36] {dino} harmony?, you getting deep magoo?
[08:36] {Roman} PAAS
[08:36] {Roman} radar, slow
[08:36] {Roman} going with metals
[08:37] {Roman} BCON
[08:37] {Roman} alternative energy, radar
[08:38] {Roman} in PAAS small
[08:38] {Roman} 27.22
[08:38] {Roman} 37.22
[08:39] {Roman} if BCON continues CPST should pickup
[08:40] {Roman} CPST pop
[08:46] {magoo} any read DSTI roman?
[08:47] {Roman} nope
[08:47] {magoo} thats IT..........
[08:47] {Roman} it's just buy high and sell higher
[08:47] {Roman} :)
[08:47] * magoo slaps Roman around a bit with a large trout
[08:47] {Roman} got to buy pullbacks on there
[08:49] {Roman} FCEL slow riser
[08:50] {Roman} PLUG radar
[08:50] {Roman} alternative energy getting hot
[08:50] {Roman} ESLR
[08:50] {Roman} probably a go
[08:53] {dino} celg stopped -.26
[08:54] {bruce} yep - jinxed your play dino
[08:55] {bruce} what do you think of akns short here dino?
[08:55] {dino} vlo l .99
[08:56] {dino} only if other solars start dropping, ie; spwr, fslr, jaso
[08:56] {bruce} k
[08:57] {Roman} BLDP long small slow
[09:08] {dino} drys, tbsi
[09:14] {bruce} any read peix roman?
[09:14] {Roman} buy high sell higher
[09:14] {Roman} not really
[09:15] {bruce} k
[09:15] {bruce} celg may be a short again near 50 dino
[09:16] {BillyD} just can't get in sync today
[09:16] {dino} sing
[09:16] {dino} lol
[09:16] {BillyD} lol
[09:16] {magoo} u like band ..nsync billy lol
[09:17] {dino} dk on celg
[09:17] {bruce} fords new cars are perfect for you billy
[09:17] {dino} lol
[09:18] {Roman} HOKU
[09:18] {Roman} no read
[09:33] {bruce} whats stop for vlolong dino - thinking 66.80
[09:33] {dino} y
[09:33] {bruce} k - thanx
[09:34] {dino} want .40+
[09:37] {bruce} makes sense for risk - potential is there
[09:53] {dino} vlo stopped
[09:53] {dino} so much for that
[09:53] {bruce} yep
[09:54] {bruce} not doing well for start of 08
[09:54] {dino} me niether
[09:55] {bruce} gs dumping dino
[09:55] {dino} y
[10:06] {dino} morn stopped .30 -.29
[10:21] {dino} risky, thin powl s .00
[10:22] {bruce} taking break
[10:32] {lumdus} in hoku 1.95
[10:32] {lumdus} stop 13.70
[10:33] {lumdus} sto 13.92
[10:33] {magoo} watching AKNs
[10:34] {lumdus} out 1/2 hoku +.25 rest stop b/e
[10:34] {BillyD} gj lum
[10:34] {lumdus} tx billy
[10:34] {magoo} nice lum
[10:36] {BillyD} sheesh monkey
[10:36] {dino} powl bstop to .58
[10:36] {BillyD} I can never time that thing right
[10:36] {BillyD} in at .85 and out up to .14
[10:37] {magoo} keep eye on solf
[10:37] {dino} make it .51
[10:37] {lumdus} out rest hoku .43 + .49
[10:37] {BillyD} well done lum
[10:38] {lumdus} learning rom you and magoo
[10:39] {dino} gj lum
[10:40] {dino} ugh slippage on stop powl, cov .57, +.43
[10:45] {dino} tm l .89
[10:51] {dino} drys moving up slowly
[10:52] {dino} tbsi l .35
[10:57] {dino} stop is .19
[11:05] {lumdus} try scalp here long eslr 18.18 stop 18.07
[11:08] {dino} lmnx
[11:10] {dino} tbsi stopped -.16
[11:11] {dino} lmnx s .59
[11:12] {dino} too soon
[11:20] {lumdus} stop on eslr b/e - can't watch pain try
[11:20] {magoo} akns has the feel..risky..but 16
[11:53] {lumdus} in brcm 26.67
[12:01] {lumdus} stopped in brcm.
[12:07] {lumdus} Roman is out for the day ?
[12:14] {lumdus} short solf yet ?
[12:16] {lumdus} stop on solf .29 and hold my heart
[12:17] {lumdus} if 3i was here i'd feel better. .. whenis he comming back ?
[12:17] {dino} dk
[12:17] {patience} he is collecting his cat tomorrow morning lumdus
[12:18] {dino} hold your heart?, lol...reverse think it
[12:18] {lumdus} whenever i play solf i make the play and run away .. hee
[12:19] {lumdus} stop on solf b/e 38.15
[12:19] {dino} flip the coin, keep your stop. nothing else matters
[12:19] {lumdus} ok dino. it's a hard stop
[12:20] {lumdus} out 1/2 .75 + 40
[12:20] {dino} feel better?
[12:20] {lumdus} yeah, alot rest stop b/e with comm
[12:20] {dino} gj
[12:20] {lumdus} the damm spread is crack !
[12:21] {dino} another 100 pt+ day i see, serious range days
[12:22] {lumdus} yeah, finally able to trade . last 2 weeks was soo boring.
[12:30] {lumdus} out rest solf 36.35 + $1.85
[12:30] {BillyD} wtg
[12:30] {lumdus} tx
[12:33] {lumdus} billyD dcc
[12:36] {dino} wtg lum
[12:37] {lumdus} tx dino
[12:37] {magoo} its not avail short too laser
[12:37] {BillyD} nope
[12:38] {magoo} wish it was
[12:39] {lumdus} goodnight all.
[12:39] {magoo} nite lum
[12:39] {dino} prsc
[12:39] {dino} gn lum
[12:40] {dino} prsc l .78
[12:43] {esemde} ya talk about your market about face...or what
[12:46] {dino} indeed
[12:54] {bruce} night all
[12:55] {dino} cya bruce
[12:55] {BillyD} bye bruce
[12:55] {magoo} bye bruce
[12:59] {dino} out prsc .70 -.08
[13:00] {dino} holding tm
[13:01] {dino} thx all, gotta hop, son's b-ball practice
[13:01] {BillyD} bye all
Session Close: Fri Jan 04 00:00:00 2008

Wednesday, January 2, 2008

January 2, 2008

Session Start: Wed Jan 02 00:00:00 2008

Session Time: Wed Jan 02 00:00:00 2008

[05:45] {magoo} morning
[05:47] {bruce} hi magoo
[05:52] {dino} gm and happy new year all
[05:53] {magoo} hey bruce, happy new yr
[05:53] {bruce} thanx mags
[05:53] {bruce} same to you
[05:53] {bruce} morning dino
[05:54] {bruce} qcom dino
[05:54] {dino} patent issues
[05:54] {bruce} k
[05:54] {bruce} was wondering if it might bounce
[05:54] {dino} was thinkiing brcm on the long off of it
[05:56] {dino} at 35ish, maybe
[05:56] {bruce} k
[05:57] {bruce} was temted to try a premarket long at 37.50
[05:58] {dino} who knows bruce???
[05:58] {dino} phh deal off\
[06:00] {dino} akns pop
[06:01] {esemde} dino bruce hawk lum magoo...morning
[06:02] {magoo} es:)
[06:02] {hawkfan4} gm all, happy new year
[06:03] {magoo} hawk:)
[06:03] {bruce} thanx hawk - same to you
[06:07] {BillyD} morning
[06:08] {bruce} billy
[06:08] {dino} gm ese
[06:09] {BillyD} late here, any standout s this morning
[06:09] {cosmo} AKNS
[06:10] {cosmo} 11.92 pre mkt high
[06:10] {cosmo} fwiw
[06:10] {BillyD} ty cosmo
[06:10] {cosmo} Akeena Solar licenses new solar panel technology to Suntech
[06:10] {cosmo} (Wed 8:00am)
[06:14] {cosmo} DSTI pre mkt high = 6.70 fwiw
[06:14] {dptl} good morning all
[06:16] {esemde} dp
[06:22] {bruce} dp
[06:23] {dino} dp
[06:24] {lumdus} good morning all. Roman here today ?
[06:24] {cosmo} Solars are rising...'tis a brave new year i think
[06:24] {dino} ldk
[06:25] {Roman} Happy New Year to all
[06:25] {magoo} u 2 roman:)
[06:26] {esemde} roman
[06:26] {bruce} roman
[06:28] {dino} gm rfr
[06:34] {Roman} JADE
[06:34] {esemde} hmmm fund managers not putting too much money to work it seems....
[06:36] {Roman} ALTI
[06:36] {Roman} long
[06:36] {Roman} small
[06:36] {Roman} 4.50
[06:37] {Roman} no chasing,
[06:39] {dino} fxp l .20
[06:39] {Roman} ESLR looking decent
[06:40] {Roman} long BLDP slow, could be all day hold
[06:43] {dino} stopped -.20 fxp
[06:46] {esemde} Ok this could be a Vad question but......seems like everything and it's dog is going up.....what do you look for....
[06:47] {Roman} buy it all
[06:47] {Roman} kidding of course
[06:47] {BillyD} solars seem stuck here
[06:47] {Roman} i am watching solars too
[06:47] {esemde} yuk yuk yuk.......
[06:47] {esemde} solars as well here....
[06:48] {Roman} watching ESLR on pullback
[06:48] {lumdus} fisv
[06:48] {Roman} HOKU looks good
[06:48] {dino} jrjc l .25
[06:48] {Roman} had some news in the morning
[06:49] {lumdus} fisv - ther eyou go
[06:50] {lumdus} hmmm, not really.
[06:52] {dino} qcom s .50, stop .81
[06:53] {dino} jrjc stopped -.28
[06:53] {Roman} CYBS
[06:54] {Roman} looks good for continuation
[06:55] {BillyD} Roman....DSTI can't seem to bounce..any read on it
[06:56] {Roman} not really, but i would wait for it to break down below $6 before expexting a bounce, unless all solars pickup
[06:56] {BillyD} thx
[06:59] {cosmo} pwav
[06:59] {cosmo} tests 4.24
[07:00] {BillyD} in hoku .56
[07:00] {BillyD} tight stop
[07:00] {Roman} ECONX Economic Calendar: Dec ISM Index and Nov Construction Spending data are due out in approx 5 minutes at 10:00 E.T.
[07:00] {dino} fxp l .25
[07:00] {Roman} ECONX Dec ISM Index @ 47.7vs. 50.5 consensus
[07:00] {BillyD} out hoku
[07:00] {BillyD} -.02
[07:01] {dptl} is it fed today?
[07:03] {Roman} Fed Minutes released today at 2 p.m.
[07:03] {Roman} from their meeting on December 11th
[07:03] {dptl} ok ty
[07:04] {BillyD} arca book seems to be sticking on L2
[07:07] {dino} out fxp .29, +1.04
[07:07] {patience} nice way to start the year dino
[07:08] {dino} lucky, only 1 for 3 so far
[07:08] {dino} qcom going to stop me too it seems
[07:09] {dino} stopped -.30
[07:14] {dino} pwrd
[07:20] {Roman} EMKR
[07:20] {Roman} bounce time
[07:21] {Roman} GCOM Globecomm Systems Awarded Service Contract Renewal from a Major U.S. Government Prime Contractor valued up to $42.4 mln (11.69 -0.01)
[07:22] {dino} morn l .27 thin
[07:24] {dino} brcm l .03
[07:30] {dino} smci spike
[07:34] {dino} tbsi l .44
[07:38] {dino} morn stopped
[07:43] {dino} brcm stopped -.290
[07:43] {dino} .20
[07:51] {BillyD} way slow morning
[07:53] {dino} morn l .50
[07:59] {lumdus} very slow just hanging out
[08:01] {dino} and i'm just stopping all over
[08:03] {bruce} mlnm long?
[08:06] {dino} $40m pmt from jnj, and webcast
[08:08] {dino} cpla bit of blood
[08:13] {dino} morn stopped.
[08:15] {dino} rinsed
[08:24] {dino} ldsh l .30
[08:25] {lumdus} bruce mlnm long
[08:25] {lumdus} i think here would be nice. is roman around ?
[08:26] {lumdus} if not, i take it break of .r5
[08:26] {bruce} I'm calling it a day
[08:26] {bruce} 4 straight stops
[08:30] {dino} fstr l .58
[08:30] {Roman} ih ave no read on MLNM
[08:30] {Roman} sory
[08:45] {BillyD} lumdus. see dcc
[08:59] {esemde} ah...ave.. noo..cents of goin on taday
[09:01] {dino} fstr stop to .88
[09:01] {patience} gold options i bought dec 31st have done rather well today...currency contracts are up sharply as well...nice day so far, just scalping options
[09:01] {dino} gj patience
[09:01] {patience} days like this remind me why i trade
[09:02] {esemde} well done the craaa.....out of what i'm doin
[09:02] {patience} vad taught me to scalp :)
[09:03] {dino} fstr stop to .04
[09:07] {dino} out fstr ave .98, +.40
[09:09] {esemde} gj dino
[09:10] {dino} thx
[09:26] {dino} cavm
[09:35] {dino} cavm l .00
[09:40] {dino} mdrx l .55
[09:41] {esemde} am watching that one with you dino...good job
[09:41] {esemde} CAVM
[09:43] {dino} ty
[09:43] {dino} lucky
[09:44] {esemde}'s that contrarian skill you have...
[09:49] {dino} :)
[10:12] {patience} selling my kinross, barrick and HGU etf shares now, keeping April and May gold options
[10:12] {patience} today makes up for the 2 weeks in december when i was completely off my game
[10:16] {magoo} nice patience
[10:16] {magoo} hey dave, dcc please when get second
[10:16] {dino} dec. was way off for me too patience
[10:17] {patience} i kept watching vad making good calls but i was just not in the groove, couldn't pull the trigger
[10:17] {dino} did roughly half what i should've
[10:18] {dino} dman litt;e spike, thin
[10:20] {dino} sigm l .34
[10:26] * magoo slaps LaserDave1 around a bit with a large trout
[10:31] {magoo} dave dcc if u here
[10:35] {BillyD} AKNS is heating up
[10:40] {esemde} long CSUN 17.09
[10:46] {dino} cavm stop to .25
[10:49] {esemde} out CSUN .30 +.21
[10:49] {dino} out cavm +.21
[10:50] {dino} exls l .52
[10:54] {dino} hdix
[11:00] {dino} gj ese
[11:01] {dino} mdrx stop to .79
[11:02] {esemde} tks
[11:04] {dino} outmdrx .81, +.26
[11:05] {dino} out ldsh .63, +.33
[11:09] {Roman} long DSTI
[11:10] {Roman} 6.10
[11:23] * magoo slaps LaserDave1 around a bit with a large trout
[11:23] {magoo} dave, dcc please
[11:31] {patience} ok, i need to get away from the keyboard before i blow my earlier profits. bought xdb (british pound) puts, june 196. have a good day guys
[11:31] {BillyD} bye patience
[11:37] {dino} later patience
[11:58] {dino} salm
[12:01] {dino} brb
[12:12] {dino} l ldsh .26
[12:16] {magoo} ok, bacxk
[12:16] {magoo} u here dave? dcc
[12:18] {lumdus} out dsti +.01 way too boring
[12:19] {dino} lol
[12:31] {dino} artc
[12:33] {dino} jaso strong
[12:48] {BillyD} it will be intersting tomoorow to see which way mkt follows
[12:49] {BillyD} magoo...did you hera from dave
[12:49] {BillyD} hear
[12:50] {magoo} yes, thank u...dcc billy
[12:50] {BillyD} good
[12:55] {dino} l fcsx .94
[12:59] {dino} out fcsx .18, +.24
[12:59] {BillyD} gj dino
[12:59] {dino} out ldsh .31, +.05
[12:59] {BillyD} ASTI news?
[12:59] {BillyD} don't see any
[13:00] {dino} solar thats all
[13:00] {BillyD} SOLF spiked as well
[13:00] {BillyD} see everyone tomorrow
[13:02] {dino} take care all
Session Close: Thu Jan 03 00:00:00 2008