[08:36] -Nesi- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
[08:36] { Nesi} good morning
[08:46] { _craigaudio} gm nesi, vad, everyone
[08:47] { Nesi} Good Morning, _craigaudio
[08:51] { _craigaudio} MRK and DYAX nice gaps on earnings. DYAX esp
[08:52] { Nesi} no much momo so far..imo
[08:53] { _craigaudio} yes pretty flat but over daily pivots
[08:57] { _craigaudio} aapl gap down and bouncing off 60 min support premarket
[08:59] { dieter} good morning
[09:02] { Nesi} Good Morning, dieter
[09:02] { Nesi} DYAX better
[09:03] { magoo} morning rt
[09:03] { Nesi} Good Morning, magoo
[09:07] { Raven} Happy Friday everybody :)
[09:07] { Nesi} Good Morning, Raven
[09:07] { magoo} hi raven
[09:07] { Raven} Nesimagoo:)
[09:07] { Threei} Good Friday 13 morning
[09:07] { cosmo} yeah.. happy 13th
[09:07] { Raven} 3i:)
[09:07] { magoo} morn lord vader
[09:07] { Nesi} nesi is now known as JASON
[09:07] { Raven} cosmo:)
[09:07] { cosmo} R:)
[09:08] { Threei} c, r, m, jason :)
[09:08] { magoo} mrk nutsarollar
[09:08] { Threei} VVUS news?
[09:08] { cosmo} 3i:)
[09:08] { cosmo} DNDN pre mkt high = 18.92 fwiw
[09:08] { Nesi} i dont see any VVUS
[09:09] { magoo} why that nes...because you kill everyone in room with your stock picks? he he
[09:09] { Nesi} lol
[09:09] { Nesi} Gapping down on weak earnings/guidance: SMTL -15.5%... Other news: GNVC -5.4% (profit taking following yesterday's strength), EPD -2.8% (Shell affiliate sells Enterprise Products Partners common units), TM -2.7%, AAPL -1.8% (delays Leopard operating system release).
[09:09] { Threei} DYAX, next DNDN or fizzle-out... that is the question
[09:09] { magoo} 2nd question, mrk 52 today?
[09:10] { Nesi} DYAX will be a beauty today
[09:11] { cosmo} DYAX pre mkt high = 6.30 fwiw
[09:11] { _craigaudio} DYAX making nice higher low premarket
[09:11] { _craigaudio} you guys look for a entry when it breaks the premarket high right?
[09:11] { cosmo} hmm
[09:12] { _craigaudio} im just getting used to the trading strategy you use
[09:12] { Threei} feels like 6.11 could be first entry idea but you know the risks of pre-market
[09:12] { cosmo} someday, we will have more consistent open breaks... like old times
[09:12] { Raven} ah, the old days ...
[09:12] { cosmo} i want them back
[09:12] { Threei} look at 1 min so far,
[09:13] { Raven} lol cosmo
[09:13] { Threei} first spike into 6.30 is not too indicative, then retreat and several tries at 6.10,
[09:13] { Threei} so this resistance becomes first indication of strength coming in
[09:14] { Threei} plus some big sizes at 6.09
[09:14] { Threei} good hint too
[09:14] { Threei} if taken I mean
[09:15] { magoo} 2 seperate downgrades on MEDI this morn, possible short..not in
[09:15] { _craigaudio} MRK definately to 50 otday
[09:19] { cosmo} JSDA
[09:20] { Nesi} MARKET OPEN IN 10 MIN
[09:20] { cosmo} JSDA may be effervescing
[09:24] { lklarson} morn all
[09:24] { magoo} vad, quick question
[09:24] { Threei} ikl :)
[09:24] { Threei} yes magoo sir
[09:24] { magoo} bid 1.49 ask 1.50, i hit bid i remove liquidity?
[09:24] { magoo} pay ecn?
[09:24] { Threei} hit bid = sell at the bid price?
[09:25] { Nesi} MARKET OPEN IN 5 MIN
[09:25] { magoo} i hit 1.50 same thing, payecn
[09:25] { Threei} hit 1.50 - as in buy at the ask price?
[09:25] { magoo} ok, i buy bid?
[09:25] { Threei} if you buy at the bid, you add liquidity, ECN pays you
[09:26] { Threei} but to buy at the bid you need someone to sell to you, so it's a less sure thing that to take someone's offer
[09:26] { Threei} tradeoff
[09:26] { magoo} if buy offer, decrease liq and i pay ecn
[09:26] { Threei} correct
[09:27] { magoo} if i sell bid, what
[09:27] { Threei} same, you pay
[09:27] { Threei} bid at the bid price or inbetween and get filled - you get paid
[09:28] { _craigaudio} JSDA continuation. kick myself for not getting onboard that yesterday
[09:28] { Threei} offer at the ask price ore inbetween and get filled - you get paid
[09:28] { _craigaudio} to 30 soon
[09:28] { Threei} DYAX first resistance taken
[09:29] { _craigaudio} nice volume in DYAX
[09:29] { _craigaudio} i like aapl long
[09:30] { Nesi} MARKET OPEN *DING DING DING*
[09:30] { Threei} feel free to take profit DYAX
[09:30] { Threei} not bad for opening play
[09:30] { _craigaudio} i missed it
[09:31] { Threei} let first voality play out, then we will look for more opportunities
[09:31] { magoo} me too
[09:31] { _craigaudio} i didnt realise youd called it as a long premarket
[09:31] { Threei} ?
[09:31] { Threei} [09:12] { Threei} feels like 6.11 could be first entry idea but you know the risks of pre-market
[09:31] { Threei} answered your own question :)
[09:31] { Threei} qwith detauiled explanation why that was an entry
[09:31] { _craigaudio} the risk premarket put me off. thought you were advising caution
[09:32] { _craigaudio} DNDN
[09:32] { Threei} of course I was
[09:32] { _craigaudio} MNST
[09:33] { Threei} premarket risk is always higher, would be quite irresponsible of me not to point that out
[09:33] { _craigaudio} yes
[09:33] { Threei} with some though, mention of higher risk means to lure them in... (Threei pretends he is not looking at magoo)
[09:33] { magoo} USNA more blood...no volume tho
[09:34] { magoo} sheesh...look at ACOR pathetic volume
[09:35] { dptl} sorry we are late good morning everyone
[09:35] { Threei} I hate the spread and extremely thin levels on it
[09:35] { Threei} ACOR I mean
[09:35] { magoo} DNDN yesterday, .37 was high i believe
[09:35] { Threei} hi dptl
[09:35] { magoo} 19.37
[09:35] { Threei} good mkorning leah, welcome aboard
[09:36] { magoo} hi dp...who is "we"
[09:36] { leah} good morning
[09:36] { Threei} dp is blue blood, he is referring to himself in plural
[09:36] { Threei} as in We, Tzar of entire Russia...
[09:37] { lklarson} lol
[09:37] { magoo} i thought he may have wife watching over is shoulder lol...thats what i do
[09:37] { Threei} OK, DYAX starts forming something
[09:37] { Threei} 6.41 long IF holding above 6.20
[09:38] { Threei} if loses 6.20, wait and reevaluate
[09:39] { magoo} how come jason hasn't made a call on it yet?
[09:39] { dptl} lol
[09:40] * Threei slaps magoo around with aged roll of horror movie tape
[09:40] { magoo} in .42
[09:40] { _craigaudio} didnt get filled DYAX
[09:40] { _craigaudio} nice trade guys
[09:40] { Threei} 1:1 in a hurry
[09:40] { lklarson} me to??
[09:41] { lklarson} tradestation?
[09:41] { Threei} that's what you get for not using the fastest broker in town { G}
[09:41] { _craigaudio} perhaps
[09:41] { _craigaudio} lol
[09:41] { magoo} i DO use THEM
[09:41] { lklarson} great
[09:41] { Threei} them?
[09:42] { _craigaudio} my TS is really slow today. the charts and everything
[09:42] { _craigaudio} anyone else
[09:42] { magoo} out .63
[09:42] { magoo} THANX vad
[09:42] { Threei} welcome
[09:43] { Threei} so, your structure for the next leg:
[09:43] { dptl} out dayx +0.13
[09:43] { Threei} if .40 isn't tagged and broken, .65 becomes a buy
[09:44] { Threei} with stop under last low
[09:44] { magoo} its going near 8 today boss...i got a feeling
[09:44] { Threei} if your trading style is to buy aggressively,
[09:44] { Threei} try to get as close to .40 as possible
[09:44] { magoo} but that doesn't mean it won't breathe hard...risky
[09:44] { Threei} be willing to get out and ree-netr if it loses the support for a second but then recovers
[09:45] { Threei} that's the tradeoff of aggressive entries
[09:45] { Threei} you have tighter stop, bigger potential but less probability of success
[09:45] { Threei} with regular entry you have different trade-off
[09:45] { Threei} nothing is free in this life eh?
[09:46] { Nesi} 8 DYAX or 9 today?
[09:46] { Threei} 6.47 was the stop
[09:46] { Threei} here comes next spike to exit into
[09:47] { Threei} out
[09:47] { Threei} see how the trade is getting structured and personalized for your particular approach?
[09:49] { _craigaudio} MNST long if it breaks 44.05?
[09:50] { Threei} not sure
[09:50] { Threei} tough read MNST
[09:51] { _craigaudio} im long now
[09:51] { Threei} DYAX 6.75- 6.96 next structure
[09:52] { lklarson} where to enter?
[09:53] { dptl} out mnst...+0.13
[09:53] { Threei} lost support ikl
[09:53] { Threei} wait for now
[09:53] { lklarson} ok
[09:53] { Threei} let it define new idea
[09:54] { Threei} one that worked couple times earlier didn't pan out this time, no break of high while holding above support
[09:54] { Threei} so, next support is about 6.50
[09:54] { lklarson} ok, thanks vad
[09:54] { magoo} amazing how the .90 area turns so many back
[09:55] { Threei} there is a method for this madness magoo
[09:55] { magoo} in the glory days...90 area was a "sure thing" to go over high number
[09:55] { Threei} many people believe in whole numbers magic
[09:55] { Threei} so as stock approaches it, competition for exit begins
[09:56] { Nesi} to me...its gathering force here to go above 7
[09:56] { Nesi} imho
[09:56] { magoo} 09:45] { magoo} its going near 8 today boss...i got a feeling
[09:56] { Threei} very likely Nesi
[09:56] { Threei} just need to find new indications for entry
[09:56] { Nesi} i got a feel too...i have a root canal in one hour
[09:56] { Threei} ouch
[09:56] { Nesi} drillllldrilllll lol
[09:57] { magoo} good luck with that
[09:58] { Nesi} USNA perfect 40 print low..and could not take it..uh
[10:00] { _craigaudio} so would a viable entry for DYAX now be if it breasak 7?
[10:00] { Nesi} Michigan Sentiment-prelim 85.3 vs 87.5 consensus
[10:00] { Nesi}
[10:00] { _craigaudio} breaks*
[10:01] { _craigaudio} TRINS rising
[10:02] { magoo} better entry imho...takes .80
[10:02] { _craigaudio} NDAQ strong
[10:02] { magoo} .72 just turned it back
[10:03] { Nesi} Medis Technologies Begins Comml Sales Of Its Fuel Cell 24/7 Power Pack
[10:03] { Nesi} (Dow Jones 04/13 10:02:08)
[10:03] { Nesi} MDTL
[10:03] { _craigaudio} what about JSDA if it breaks 28? its been a strong stock last few days
[10:04] { Threei} it's so far from 28 presently
[10:04] { Nesi} MDTL did move?
[10:04] { Threei} it's not a breajkout play at this point
[10:04] { Threei} bounce play maybe
[10:05] { magoo} mrk over 50 comith
[10:13] { _craigaudio} anyone else
[10:13] { magoo} out .63
[10:13] { magoo} THANX vad
[10:13] { Threei} welcome
[10:13] { Threei} so, your structure for the next leg:
[10:13] { dptl} out dayx +0.13
[10:13] { Threei} if .40 isn't tagged and broken, .65 becomes a buy
[10:13] { Threei} with stop under last low
[10:13] { magoo} its going near 8 today boss...i got a feeling
[10:13] { Threei} if your trading style is to buy aggressively,
[10:13] { Threei} try to get as close to .40 as possible
[10:13] { magoo} but that doesn't mean it won't breathe hard...risky
[10:13] { Threei} be willing to get out and ree-netr if it loses the support for a second but then recovers
[10:13] { Threei} that's the tradeoff of aggressive entries
[10:13] { Threei} you have tighter stop, bigger potential but less probability of success
[10:13] { Threei} with regular entry you have different trade-off
[10:13] { Threei} nothing is free in this life eh?
[10:13] { Nesi} 8 DYAX or 9 today?
[10:13] { Threei} 6.47 was the stop
[10:13] { Threei} here comes next spike to exit into
[10:13] { Threei} out
[10:13] { Threei} see how the trade is getting structured and personalized for your particular approach?
[10:13] { _craigaudio} MNST long if it breaks 44.05?
[10:13] { Threei} not sure
[10:13] { Threei} tough read MNST
[10:13] { _craigaudio} im long now
[10:13] { Threei} DYAX 6.75- 6.96 next structure
[10:13] { lklarson} where to enter?
[10:13] { dptl} out mnst...+0.13
[10:13] { Threei} lost support ikl
[10:13] { Threei} wait for now
[10:13] { lklarson} ok
[10:13] { Threei} let it define new idea
[10:13] { Threei} one that worked couple times earlier didn't pan out this time, no break of high while holding above support
[10:13] { Threei} so, next support is about 6.50
[10:13] { lklarson} ok, thanks vad
[10:13] { magoo} amazing how the .90 area turns so many back
[10:13] { Threei} there is a method for this madness magoo
[10:13] { magoo} in the glory days...90 area was a ""sure thing"" to go over high number
[10:13] { Threei} many people believe in whole numbers magic
[10:13] { Threei} so as stock approaches it, competition for exit begins
[10:13] { Nesi} to me...its gathering force here to go above 7
[10:13] { Nesi} imho
[10:13] { magoo} 09:45] { magoo} its going near 8 today boss...i got a feeling
[10:13] { Threei} very likely Nesi
[10:13] { Threei} just need to find new indications for entry
[10:13] { Nesi} i got a feel too...i have a root canal in one hour
[10:13] { Threei} ouch
[10:13] { Nesi} drillllldrilllll lol
[10:13] { magoo} good luck with that
[10:13] { Nesi} USNA perfect 40 print low..and could not take it..uh
[10:13] { _craigaudio} so would a viable entry for DYAX now be if it breasak 7?
[10:13] { Nesi} Michigan Sentiment-prelim 85.3 vs 87.5 consensus
[10:13] { _craigaudio} breaks*
[10:13] { Nesi}
[10:13] { _craigaudio} TRINS rising
[10:13] { magoo} better entry imho...takes .80
[10:13] { _craigaudio} NDAQ strong
[10:13] { magoo} .72 just turned it back
[10:13] { Nesi} Medis Technologies Begins Comml Sales Of Its Fuel Cell 24/7 Power Pack
[10:13] { Nesi} (Dow Jones 04/13 10:02:08)
[10:13] { Nesi} MDTL
[10:13] { _craigaudio} what about JSDA if it breaks 28? its been a strong stock last few days
[10:13] { Threei} it's so far from 28 presently
[10:13] { Nesi} MDTL did move?
[10:13] { Threei} it's not a breajkout play at this point
[10:13] { Threei} bounce play maybe
[10:13] { magoo} mrk over 50 comith
[10:13] { dptl} nstk?
[10:13] { Threei} if .79 getting hit, worth a try half lot
[10:13] { Threei} stop .64
[10:13] { _craigaudio} with whcih stock vad?
[10:13] { Threei} NSTK
[10:13] { _craigaudio} ok thnks
[10:13] { Threei} DYAX needs some rest for now
[10:13] { magoo} DYAX avail short laserheads
[10:13] { magoo} always a consideration
[10:13] { magoo} been hanging w/dino too long
[10:13] { _craigaudio} lol..you always mention that
[10:13] { _craigaudio} mnst on the move again?
[10:13] { magoo} craig, u still on free trial or joined room?
[10:13] { esemde} mnst
[10:13] { Threei} honestly trying, MNST
[10:13] { Threei} if takes .90, should spike over 12
[10:13] { _craigaudio} i think my free trial ends today but have brought vads course so have another two weeks after that
[10:13] { Threei} look at the dynamics: big offer moved to .85
[10:13] { _craigaudio} and will probably stick around
[10:13] { magoo} mnst? symbol?
[10:13] { Threei} so did indication for the next spike trigger
[10:13] { Threei} thus it reads now:
[10:13] { Threei} if takes .85, should spike over 12
[10:13] { Threei} ouch, that was for NSTK
[10:13] { magoo} i have it at 44.52
[10:13] { Threei} sorry, juggling too many symbols at once
[10:13] { magoo} SIGH
[10:13] { Threei} and brain cramps usual for Friday
[10:13] { cosmo} hmm... SIGH not listed
[10:13] { Threei} OK, DYAX, .51 new long
[10:13] { Threei} if holding above .35
[10:13] { magoo} sigh should be...visit it everyday lol
[10:13] { _craigaudio} took MRK break of 50 not working out
[10:14] { Nesi} back
[10:14] { cosmo} yeah.... staying private, i hear
[10:14] { magoo} quote server u using vad?
[10:14] { Threei} 4
[10:14] { Threei} chart server 2
[10:14] { magoo} ty, i having gremlins
[10:14] { _craigaudio} stopped on MRK -20
[10:14] { Threei} T&S 3
[10:14] { lklarson} what stop for dyax
[10:15] { _craigaudio} mines 6.35
[10:15] { Threei} [10:13] { Threei} if holding above .35 - means stop .34
[10:15] { lklarson} ok, thanks
[10:15] { _craigaudio} whats target? back up to high of the day?
[10:15] { dptl} we are out nstk+..0.08.....damn...
[10:15] { cosmo} NSTK salmon
[10:15] { Threei} this si the structure lkl... support is l;isted in conditions for the play thus defining the stop if support is lost
[10:16] { Threei} NSTK works slowly
[10:16] { dptl} futures scared us away....
[10:16] { lklarson} ok
[10:16] { _craigaudio} yes shouldnt have taken MNST really
[10:17] { Nesi} FUEL high
[10:17] { dptl} ison?
[10:17] { Threei} dp... NSTK is independent stock today, no reemblence with futures chart
[10:18] { Threei} don't take futs as surefire indication for all stocks
[10:18] { Threei} some follow them, some don't
[10:18] { dptl} ye....so used to the futures moves...you know..swift thing..
[10:18] { Threei} { shrug}
[10:18] { magoo} ill add if takes .75 to go over 7....RISKY
[10:18] { magoo} in .48
[10:22] { _craigaudio} TSCO retest of HOD?
[10:23] { Threei} half lot at .11
[10:23] { Nesi} ASIA acting up lately
[10:23] { Threei} just a scalp most likely
[10:23] { Nesi} MDTL near day high
[10:23] { Threei} IMGN?
[10:26] { _craigaudio} perhaps long MEDI if breaks 44.11?
[10:26] { Threei} why 44.11?
[10:26] { _craigaudio} stopped DYAX
[10:26] { lklarson} stopped dyax
[10:27] { lklarson} nstk close to 12
[10:27] { _craigaudio} top of the 5min candles it couldnt break through
[10:27] { _craigaudio} ref MEDI vad
[10:27] { Threei} something's worng craig
[10:28] { Threei} 44.15 I see
[10:28] { Threei} 44 I see
[10:28] { Threei} 44.11 I don't
[10:28] { _craigaudio} yes you are correct
[10:28] { _craigaudio} what do you think about it as a play?
[10:29] { _craigaudio} also JSDA if it breaks 28?
[10:29] { magoo} stopped here DYAX
[10:29] { Threei} no read on MEDI
[10:30] { lklarson} out nstk +.15
[10:30] { Threei} JSDA, I don't understand this idea at all, to say honestly
[10:30] { Threei} pullback from 28 was more than a dolloar
[10:30] { Threei} you don't play breakouts with such a range
[10:30] { _craigaudio} which indictates the momentum is lost
[10:31] { magoo} loss of 6 short trigger DYAX now
[10:31] { Threei} you either play it as a bounce or you wait for new consolidation near the break level
[10:31] { _craigaudio} ok i get it. for me this is a first playing breakouts
[10:31] { _craigaudio} i used to play pullbacks
[10:31] { Threei} what's with IMGN?
[10:31] { Threei} NSTK thing of beauty
[10:32] { Threei} textbook play
[10:32] { dptl} nice nstk
[10:32] { _craigaudio} what was the entry for nstk?
[10:33] { dptl} we were long at .80
[10:33] { Threei} [10:06] { Threei} if .79 getting hit, worth a try half lot
[10:33] { Threei} [10:06] { Threei} stop .64
[10:33] { Threei} [10:06] { _craigaudio} with whcih stock vad?
[10:33] { Threei} [10:07] { Threei} NSTK
[10:33] { Threei} notice, you already asked about it once :)
[10:33] { _craigaudio} lol
[10:33] * dptl slaps _craigaudio around a bit with a large trout
[10:33] { _craigaudio} i have memory of a siv today
[10:34] { Threei} today? you are lucky then
[10:34] { _craigaudio} i wish
[10:35] { _craigaudio} might as well start going to the casino if im gonna rely on luck
[10:35] { Threei} I have a feeling you are spreading out too thin craig
[10:35] { Threei} trying to look at too many stocks at once
[10:36] { DaveG} morning
[10:36] { _craigaudio} yes perhaps
[10:36] { Threei} hey Dave
[10:37] { _craigaudio} hey have i been here long enough to start slapping me around with trouts!
[10:37] { _craigaudio} jesus you guys have no restrain
[10:38] { lklarson} welcome to the room craig
[10:38] { Threei} what's restrain?
[10:38] { _craigaudio} lol
[10:38] { lklarson} they are totally out of control around here
[10:38] { Threei} new words every day... sigh
[10:38] { cosmo} its a tuff crowd
[10:39] { DaveG} http://contests.cnbc.com/milliondollar/main.do
[10:39] { DaveG} who's in 18th place listed there?
[10:39] { _craigaudio} i meant to type retraint. like holding back on the newbie
[10:40] { _craigaudio} LRCX cup and saucer 2min'?
[10:40] { _craigaudio} well actually a double bottom
[10:41] { Threei} no read LRCX
[10:41] { DaveG} sigh
[10:41] { Threei} Dave, what happens if you win?
[10:41] { DaveG} i come visit you with trout
[10:41] { _craigaudio} thnks vad
[10:42] { magoo} what u get for 18th dave he he
[10:42] { DaveG} where is that trout
[10:42] * DaveG slaps magoo around a bit with a large trout
[10:42] { DaveG} there it is
[10:43] { Threei} seriously, is there a point to this competition?
[10:43] { DaveG} a million bucks vad
[10:43] { DaveG} thats the point
[10:43] { magoo} last year got a car. mazaratti or porshe
[10:43] { Threei} real? or CNBC bucks?
[10:43] { DaveG} real
[10:44] { Threei} OK then :)
[10:44] { lklarson} they even showed the stack of $10 bills on tv
[10:45] { magoo} sh DYAX .25
[10:46] { Nesi} back in 45 min
[10:46] { magoo} good luck
[10:46] { _craigaudio} nice. DBI break of support was that magoo?
[10:46] { _craigaudio} yes good luck nesi
[10:47] { magoo} better indicator is loss of 6, aggressive entry
[10:50] { dptl} went for smoke and missed symc.....
[10:51] { Threei} see, smoking IS bad
[10:51] { RomanfromRussia} GGBM high
[10:53] { _craigaudio} what about NDAQ pullback here?
[10:53] { magoo} out .05, see, 6 supoported it
[10:53] { _craigaudio} yes. from premarket
[10:53] { magoo} if loses 6, good scalp to .50 area or more
[10:53] { Threei} craig, try to form an idea of the play
[10:53] { Threei} structure it
[10:54] { Threei} what would be the indication for entry? for stop?
[10:54] { magoo} but, it may resume as good long too
[10:54] { _craigaudio} if buying pullback the declining volume on fall then increase
[10:54] { Threei} good first step
[10:55] { Threei} next, exact entrey and stop?
[10:55] { _craigaudio} well the stop would need to be under the prior support s operhaps too large in this case or size down
[10:56] { _craigaudio} at least 25 cents from here
[10:56] { RomanfromRussia} long MVIS
[10:56] { _craigaudio} but on NDAQ you wouldnt consider buying the breakoput of the high?
[10:57] { Threei} high is about 40 cents from here
[10:57] { Threei} imagine it suddenly spikes into 31.15 or so,
[10:57] { Threei} would you buy it?
[10:58] { _craigaudio} i get it
[10:58] { Threei} probably not,
[10:58] { Threei} because what's the point in buyin the top of 40 cent sharp sapike
[10:58] { _craigaudio} best to re-evaluate nearer the time for breakout.
[10:58] { Threei} so, the question becomes
[10:58] { Threei} HOW it gets to the breakout level?
[10:58] { Threei} sharp spike - stay away
[10:59] { Threei} slow climb, consolidation, then break - now we are talking
[10:59] { Threei} but in this particular case
[10:59] { Threei} stock is far enough from that point
[10:59] { Threei} to present a lot of other scenarios on it's way
[10:59] { _craigaudio} yes looks lower to 30.40 support?
[11:00] { Threei} that's why I was not too jazzed about JSDA, and pointed out that NDAQ is 40 cents away from day high
[11:01] { _craigaudio} ok thanks
[11:01] { _craigaudio} MRK again retest of high
[11:22] { magoo} NVDA short vad?
[11:23] { Threei} loss of 30 with 30.15 stop
[11:23] { magoo} wake up boss
[11:23] { magoo} oops
[11:23] { Threei} worth a try but will depend on market
[11:24] { Threei} and market is fairly uncertain right now
[11:29] { dptl} that's it? the rush time is over?
[11:30] { Threei} who knows
[11:30] { Threei} all it takes is one great news headline
[11:30] { Threei} and things light up again
[11:31] { dptl} plus it's friday
[11:31] { dptl} knol?
[11:32] { _craigaudio} DNDN short?
[11:32] { magoo} sh DNDN .20
[11:32] { Threei} nice chart but so thin, KNOL...
[11:32] { _craigaudio} too late now
[11:32] { _craigaudio} good job magoo
[11:33] { magoo} not yet, should lose 18
[11:33] { Threei} with DNDN you are more likely then not to get a second chance
[11:33] { Threei} it jumps around a lot
[11:33] { Threei} see? back ionto short level
[11:33] { _craigaudio} cant short this stock in TS
[11:35] { RomanfromRussia} long SWHC
[11:35] { RomanfromRussia} 15.15
[11:35] { RomanfromRussia} full size
[11:35] { magoo} all day roman?
[11:36] { RomanfromRussia} yes
[11:36] { RomanfromRussia} more if a scalp
[11:40] { magoo} DYAX gonna lose 6 imho
[11:42] { magoo} and DNDN gonna lose 18 imho
[11:45] { magoo} god dam DYAX too hard
[11:46] { Threei} DYAX is one of those that may sit for s while, then pick up new wave of strength
[11:47] { Threei} if holding above 6, it's a possibility
[11:48] { _craigaudio} NDAQ new HOD
[11:52] { RomanfromRussia} out 1/2 SWHC
[11:52] { RomanfromRussia} +.20
[11:53] { dptl} NITE....ERES...??
[11:53] { lklarson} out swhc +.30 thx roman
[11:53] { RomanfromRussia} np
[11:54] { RomanfromRussia} out MVIS +.20
[11:58] { magoo} finally DYAX
[11:58] { RomanfromRussia} Nesi, any news on NANX?
[11:59] { magoo} see craig..the good truiigger was loss of 6..my aggressive entrires were off
[11:59] { _craigaudio} yes
[11:59] { _craigaudio} would a short below 29.88 on NVDA be possible?
[11:59] { Threei} yes, if holding below 30
[12:00] { _craigaudio} as that is under yesterdays support level too
[12:00] { _craigaudio} im getting there
[12:00] { _craigaudio} MEDI big volume down bar
[12:03] { _craigaudio} NDAQ monster
[12:04] { Chaeron} hi all... I'd say good morning, but it's prolly afternoon...
[12:04] { Chaeron} { { { { slacker
[12:04] { DaveG} morning Ch
[12:04] { DaveG} morning Raven Sir
[12:05] { DaveG} kaw
[12:06] { Threei} chaeron :)
[12:06] { dptl} LONG ERES .01
[12:07] { magoo} chaer :)
[12:07] { RomanfromRussia} ACEL radra
[12:14] { _craigaudio} have sell order on NVDA at .85 under the strong buy orders
[12:23] { Nesi} back
[12:24] { _craigaudio} NDAQ: buyers holding this area
[12:25] { magoo} u all doped up from dentist?
[12:26] { Nesi} right chick dead :)
[12:26] { magoo} londndn .25
[12:26] { magoo} long dyax 6
[12:26] { Nesi} sooner or later.. we gonna get DNDN 25 again...magoo :)
[12:27] { magoo} i know, but can't afford riding it down
[12:27] { magoo} so i'll keep scalpin both directions
[12:33] { magoo} out - dime DYAX
[12:38] { RomanfromRussia} took size DYZX with u magoo
[12:38] { RomanfromRussia} out -10
[12:40] { magoo} sh mrk .50
[12:41] { RomanfromRussia} CPSL on radar
[12:44] { Nesi} : DJ Stem-Cell Sector Tries To See Silver Lining In Funding Clouds
[12:44] { Nesi} (Dow Jones 04/13 12:44:41)
[12:45] { magoo} stopped out DNDN
[12:45] { Nesi} By Greg Presto
[12:45] { Nesi} Despite the promise of a presidential veto, this week's passage of a bill
[12:45] { Nesi} authorizing more federal funding for embryonic stem-cell research might
[12:45] { Nesi} provide some good news for stem-cell companies, at least in the eyes of
[12:45] { Nesi} investors, said industry officials.
[12:45] { magoo} -.13
[12:45] { RomanfromRussia} same here
[12:45] { RomanfromRussia} damit
[12:45] { Nesi} "Investor psychology is very important," said Richard Garr, CEO of
[12:45] { Nesi} Maryland-based NeuralStem Inc. (NRLS). "Anything that contributes to stem
[12:45] { Nesi} cells not being viewed as an outlaw industry is important for that."
[12:46] { magoo} today BLOWS
[12:50] { dptl} i CANT FIND blows ON MY CHARTWARE
[12:50] { magoo} its EVERYWHERE
[12:50] { DaveG} omg
[12:51] * magoo slaps DaveG around a bit with a large trout
[12:56] { Chaeron} OMG doesn't spark my interest, but WTF was a good short earlier
[12:57] { DaveG} oy
[12:58] { Chaeron} :)
[13:03] { Threei} NGEN
[13:03] { Threei} interesting daily
[13:04] { Threei} 1.8 melting worth a try probably
[13:06] { Threei} in
[13:06] { Threei} just a scalp most likely
[13:07] { _craigaudio} what stop do you use for these plays?
[13:07] { Threei} .74 in this case
[13:07] { _craigaudio} and share size?
[13:08] { Threei} 3K
[13:08] { Threei} wanted 5 but didn't get full lot
[13:08] { _craigaudio} target 1:1?
[13:08] { magoo} whats your in price vad?
[13:08] { Threei} 1.8
[13:08] { magoo} and exit?
[13:09] { Threei} lookinf for something just above 1.9
[13:09] { magoo} out mrk sh here, + .20
[13:12] { Threei} offering .92
[13:13] { Threei} thank you unknown buyer
[13:13] { dptl} LOL
[13:13] { dptl} WE WERE OUT EARLIER
[13:13] { Threei} nothing's wrong with $360 dollars in a few minutes
[13:14] { Chaeron} nice Threei
[13:14] { Nesi} Consider Buying: DYAX 6.15 stop 6
[13:14] { Threei} thank you Chaeron, it's not often that my name and nice are in the same line
[13:14] { dptl} right at the top Vad...good job
[13:16] { _craigaudio} ive not looked into max share size on tiny moves. very interesting.
[13:17] { Threei} you will learn about this style in a scalping course craig
[13:17] { _craigaudio} yes ive read about it this morning
[13:17] { _craigaudio} thats why asked about your share size
[13:17] { Threei} wanted back in but waited a bit too low at .84
[13:17] { _craigaudio} any further pointers
[13:18] { magoo} god damn DYAX AGAIN
[13:18] { magoo} it hit .15
[13:18] { Threei} finish the course first :)... don't want to be redundant. Don't want to be redundant. Don't want to be redundant.
[13:19] { lklarson} i tried to get dyax at .15 bit did not pick up, thanks ts
[13:20] { _craigaudio} ive read the course booklet. just started watching the videos now
[13:20] { Nesi} J Apollo Sees Significant Changes In 2Q Ops Results Vs Yr Ago
[13:20] { Nesi} (Dow Jones 04/13 13:20:48)
[13:21] { Nesi} APOL
[13:26] { Threei} cancwling buy for NGEN
[13:27] { Threei} to me it's now either buy at .93 if holding above .85, or bounce play if loses .85
[13:27] { Threei} and .84 is too high for bounce play
[13:28] { dptl} so..Vad ngen siting in the range now ...would you consider buying it again if it takes .92?
[13:28] { magoo} [13:28] { Threei} to me it's now either buy at .93 if
[13:28] { RomanfromRussia} CPSL new high
[13:30] { Nesi} frpt high
[13:31] { Threei} me slaps dptl around with 5K of NGEN shares
[13:31] { dptl} it ' funny you answered my ? before i finnish typing it..lol
[13:31] { Threei} that's 'cause I read your mind
[13:31] { _craigaudio} spooky
[13:31] { dptl} lol
[13:31] { Threei} and have hidden camera in your office
[13:31] { Nesi} Fed's Fisher doesn't comment on outlook for inflation, rates
[13:31] { Threei} and little green man on your shoulder
[13:32] { Nesi} Fed's Fisher says globalization allows faster growth without inflation
[13:32] { dptl} lol
[13:32] { Nesi} Fed's Fisher says inflation is "the bane of Federal Reserve officials"
[13:33] { Threei} in
[13:33] { Threei} just 2K this time
[13:33] { dptl} ngen .93 long
[13:34] { dptl} what stop?
[13:34] { Threei} torn between .86 and .84
[13:34] { Threei} not sure
[13:34] { Threei} .84 looks more logical
[13:34] { Threei} and a bit too far for really big size
[13:34] { Threei} so I went for just 2K
[13:38] { RomanfromRussia} long AGEN
[13:38] { RomanfromRussia} in 3.60
[13:39] { Threei} news?
[13:39] { dptl} are you out?
[13:39] { Threei} nope
[13:39] { _craigaudio} stopped ngen at .83
[13:39] { _craigaudio} did anyone else get caught on that spike?
[13:39] { Threei} I don't sell into this m,ind of movement
[13:39] { Threei} kind
[13:39] { RomanfromRussia} long DCTH small early
[13:40] { Threei} sharp very brief dive, typical shakeout
[13:40] { dptl} stoped at .89
[13:40] { dptl} -.04 no big deal
[13:40] { _craigaudio} you get caught vad? it was dead on my stop
[13:40] { _craigaudio} how annoying
[13:41] { Threei} scroll up
[13:41] { Threei} I just answered
[13:41] { RomanfromRussia} long PEIX
[13:41] { RomanfromRussia} 16.19 area small
[13:41] { _craigaudio} not directly but you might have with stop at .84
[13:42] { Threei} you mean hard stop entered in the system?
[13:42] { Threei} I don't use those
[13:42] { Threei} hate them
[13:42] { Threei} best stop is at your fingertips
[13:43] { _craigaudio} so you didnt exit then.
[13:43] { Threei} craig... scroll up :)
[13:43] * DaveG slaps _craigaudio around a bit with a large trout
[13:43] { Threei} [13:39] { dptl} are you out?
[13:43] { Threei} [13:39] { Threei} nope
[13:43] { RomanfromRussia} CTIB radar
[13:43] { RomanfromRussia} boyz may take it to 6.25
[13:44] { Threei} [13:39] { Threei} I don't sell into this kind of movement
[13:44] { Threei} [13:40] { Threei} sharp very brief dive, typical shakeout
[13:44] { _craigaudio} thanks. my scroll bars not working and ive lost my glasses
[13:45] { Threei} I guess it IS fri 13...
[13:45] { Nesi} PRESS RELEASE: Biomet, Inc. Granted Continued Listing by NASDAQ
[13:45] { Nesi} (Dow Jones 04/13 13:45:05)
[13:45] { Nesi} BMET
[13:49] { magoo} naz green
[13:50] { RomanfromRussia} GGBM
[13:50] { RomanfromRussia} working 4
[13:51] { Nesi} EURO RISES VS DOLLAR AFTER ECB'S MERSCH SAYS EURO ZONE CAN ABSORB US HARD ECONOMIC LANDING - Reuters
[13:53] { RomanfromRussia} in CTIB small
[13:53] { RomanfromRussia} 5.61
[13:55] { _craigaudio} guys im done for the day. everyone have a good weekend.
[13:55] * _craigaudio slaps DaveG around a bit with a large trout
[13:55] * _craigaudio slaps dptl around a bit with a large trout
[13:55] { _craigaudio} bye :)
[13:55] { Threei} take care craig
[13:56] { dptl} bye
[13:56] { DaveG} i was only kidding
[13:56] { magoo} have nice weekend craig
[13:58] { dptl} my trout slapping was very serious....it nis never kidding ;)
[13:58] * Threei slaps DaveG with very serious-looking trout
[13:59] { DaveG} that serious trout is gonna get seriously cooked for din din
[14:02] { RomanfromRussia} watching CTDC if breaks 3.40
[14:03] { RomanfromRussia} CAAS strating up
[14:13] { Nesi} FED'S FISHER: FED MUST CONSIDER POSSIBLE INFLATIONARY CONSEQUENCES OF U.S. AGRICULTURAL SUBSIDIES - Reuters
[14:13] { RomanfromRussia} CPSL going
[14:16] { Threei} if NGEN sits around here for entire day doing nothing, maybe even worth taking home
[14:18] { RomanfromRussia} SIGA long small
[14:18] { RomanfromRussia} 5.50
[14:18] { magoo} second round u in @ .2 vad 2k?
[14:18] { Threei} dptl, kindly have a look into dcc please
[14:18] { Threei} yes magoo
[14:19] { magoo} me too
[14:19] { Threei} nterested to see whether AGEN can take that 3.61 offer
[14:19] { Threei} if yes, could be worth a scalp
[14:23] { RomanfromRussia} out SIGA +.13
[14:31] { magoo} DYAX low of day..short
[14:33] { BillyD} what's stop on it for you magoo
[14:33] { magoo} 6 billy
[14:33] { BillyD} thx
[14:34] { magoo} sh mrk .40
[14:36] { magoo} sh DNDN .10
[14:41] { magoo} i hope u took DNDN w/me billy
[14:41] { Nesi} good feel...magoo
[14:41] { BillyD} wasn'yt watching it magoo
[14:44] { Nesi} IMMU took 6
[14:44] { dptl} csco.....
[14:44] { magoo} i HATE that DYAX..hit 2...missed like 5
[14:44] { dptl} what the heck happend
[14:45] { Threei} news
[14:45] { Nesi} what news?
[14:46] { Threei} dunno
[14:46] { Nesi} oh
[14:46] { dptl} lol nesi
[14:46] { Threei} but CSCO won't move like this without any
[14:46] { dptl} yep
[14:46] { Nesi} CHTR Charter Comm spiking to session highs as Cramer highlights the stock on CNBC (3.45 +0.26)
[14:47] { Nesi} 14:45 FED'S FISHER - BUSINESS CYCLE HAS NOT RUN OUT OF GAS - Reuters
[14:47] { Nesi} maybe this..dunno
[14:48] { Nesi} 14:47 04/13 *DJ Fisher: Fed Wants To Get Inflation Down From Too High Level
[14:48] { Chaeron} make money free... :)
[14:49] { Nesi} From Too High Level = key words?
[14:49] { Nesi} die market
[14:55] { magoo} billy, i don't like DYAX sh
[14:56] { BillyD} too fresh maybe
[15:00] { Nesi} WELCOME TO THE LAST HOUR OF TRADING
[15:01] { Threei} YTEC?
[15:02] { Threei} never mind
[15:02] { Nesi} DJ Yucheng Technologies Ltd. And China Merchants Bank Launch POS Merchant-Acquiring Outsourced Services
[15:02] { Nesi} (Dow Jones 04/11 08:00:36)
[15:02] { Nesi} yesterday
[15:02] { cosmo} pos?
[15:05] { RomanfromRussia} long MPEL
[15:06] { RomanfromRussia} long FDRY
[15:06] { RomanfromRussia} on CSCO strength
[15:08] { RomanfromRussia} looking good
[15:08] { RomanfromRussia} RVBD that is
[15:13] { esemde} rvbd
[15:16] { Raven} ZHNE and FNSR cheapies may piggyback on CSCO strength ...
[15:16] { magoo} covered DNDBN sh +.90
[15:16] { DaveG} morning Raven Sir
[15:16] { BillyD} excellent magoo
[15:17] { magoo} beenreally nailing that lately
[15:17] { Raven} Good afternoon DaveG
[15:18] { dptl} nice DNDN magoo
[15:20] { dptl} magoo what was entry & stop?
[15:21] { magoo} sh DNDN .38
[15:21] { magoo} 18.10 entry posted it
[15:21] { magoo} stop was not posted, never need it..straight down
[15:21] { magoo} exit .17.20
[15:22] { magoo} [14:37] { magoo} sh DNDN .10
[15:22] { dptl} thx
[15:23] { magoo} i feel it goes under 17 but risky
[15:23] { Nesi} CHAVEZ SAYS "GOOD SHARE" OF FOREIGN OIL FIRMS WANT TO STAY IN VENEZUELA'S ORINOCO AFTER NATIONALIZATION - Reuters
[15:25] { magoo} DNDN 16.70 area if all works out :)
[15:29] { magoo} mrk under 50
[15:31] { magoo} asnyone here
[15:32] { Threei} nope
[15:32] { magoo} slap me if someone here
[15:32] * BillyD slaps magoo around a bit with a large trout
[15:32] { magoo} sh DYAXb.90
[15:37] { magoo} 17 come onnnnnnnnnnnnnnnnnnnnnnnnnn
[15:39] { magoo} hit 17 twice
[15:40] { Threei} NGEN stopped
[15:45] { magoo} stopped DYAX .95 - .05, SURPRISE SURPRISE
[15:48] { lklarson} what scanners are you guys using to find stocks?
[15:48] { Nesi} iscan
[15:48] { Nesi} ]
[15:49] { Threei} intelliscan on our website
[15:49] { lklarson} ok, thanks
[15:50] { Nesi} MARKET CLOSE IN 10 MINUTES
[15:50] { magoo} dndn is the good girl friend you should be with exclusive..........dyax is the bad girl you should stay away from ..buit u just can notr
[15:50] { Nesi} JASO possible fast scalp
[15:50] { Nesi} off 24
[15:53] { magoo} out jaso + .15 NICE nes
[15:55] { Threei} Ok guys, done for the week
[15:55] { Threei} thank you aall
[15:55] { Threei} have a great relaxing weekend
[15:55] { Nesi} thanks all
[15:55] { lklarson} thank you vad
[15:55] { Threei} see you on Monday
[15:55] { DaveG} thanks vad
[15:55] { lklarson} thanks all
[15:55] { magoo} thanx vad, nes
[15:55] { BillyD} thx Nesi, vad
[15:55] { dptl} good weekend everyone thx
[15:56] { leah} thanxs everyone
[15:58] { Nesi} MARKET CLOSE IN 2 MINUTES
[16:00] { Nesi} MARKET CLOSE *DING DING DING*
