Thursday, October 25, 2007

October 25, 2007

Session Start: Thu Oct 25 00:00:00 2007

Session Time: Thu Oct 25 00:00:00 2007

[05:24] {esemde} Good morning.....am up early and just seeing if anyone is hanging
[05:24] {Threei} yes but we all agreed to pretend we don't notice you
[05:24] {Threei} morning :)
[05:25] {esemde} morning Vad
[05:25] {Threei} Roman's IVAN ticks again
[05:25] {esemde} do you ever go down to the crabbing dock this early?
[05:26] {Threei} oh no
[05:26] {Threei} it's evening thing
[05:26] {Threei} shrimping season right now
[05:26] {Threei} crabs are off till May
[05:26] {esemde} thats right
[05:27] {esemde} I go down to our beach once and a while real early
[05:27] {Threei} shrimps on other hand... can't see the bottom of the trap when take it out of water
[05:27] {esemde} it very calm and pleasant down there
[05:27] {Threei} willows beach is just brief stroll from you
[05:28] {esemde} counted it one day...about 140 steps
[05:28] {esemde} less than 1/2 a block
[05:28] {Threei} you need to move farther from it... benefit of walking, you know...
[05:29] {Threei} (hinting at swapping houses)
[05:29] {esemde} true can't argue with that...
[05:30] {esemde} we are within weeks of getting our kitchen up and running...we can have you guys over for supper
[05:30] {magoo} morning RT
[05:30] {Threei} cool :0 looking forward
[05:30] {Threei} magoo :)
[05:30] {esemde} mags
[05:30] {Threei} *SEPT DURABLE GOODS: -1.7% V 1.5%E; DURABLES EX-TRANSPORTATION: 0.3% V 0.7%E
[05:31] {Threei} *INITIAL JOBLESS CLAIMS: 331K V 320KE, CONTINUING CLAIMS: 2.530M V 2.528ME
[05:31] {Threei} - Prior Continuing Claims revised from 2.534M to 2.523M
[05:32] {Threei} BEAS
[05:32] {Threei} SETTING $21 VALUE POSITION, WILLING TO SPEAK WITH ORCL
[05:34] {esemde} ouuuu that should be interesting....
[05:35] {magoo} vad,my charts down, tried evry server, and yours?
[05:35] {Threei} daily is fine, intraday are blank
[05:35] {magoo} which server?
[05:35] {Threei} any
[05:35] {Threei} no intraday so far at any of them
[05:38] {Threei} 07:09am [CTDC] Announces Strategic Partnership with Terra Solar
[05:40] {esemde} CTDC nice daily chart
[05:40] {Threei} NQ 3 points from annual high
[05:40] {bruce} gm all
[05:40] {esemde} B
[05:41] {Threei} bruce :)
[05:42] {esemde} that chart has SCON similarities
[05:43] {bruce} my intraday charts are fine
[05:43] {Threei} really? what quote/chart server please?
[05:45] {bruce} chartserver 5
[05:45] {Threei} and quote?
[05:45] {bruce} quote server 5
[05:46] {Threei} hmmm... no luck here
[05:48] {cosmo} SYMC
[05:48] {cosmo} tests pre mkt recovery high = 18.94
[05:48] {Threei} symc to you too cosmo
[05:49] {bruce} strange - feeds must work diferent in diferent areas
[05:49] {cosmo} well ...if it holds, maybe
[05:50] {cosmo} 18.85
[05:51] {Threei} be back in 5
[05:55] {esemde} beas is going to be ....how shall we say...very interesting this morning
[05:57] {dptl} good morning all
[05:58] {Threei} dp :)
[05:58] {esemde} dp
[05:58] {tomg} gm all
[05:58] {esemde} tom
[05:58] {Threei} tom :)
[05:58] {esemde} Vad BEAS...in your experience....whats it likely to do....climb to 21 or not
[05:59] {Threei} pure speculation... anyone's guess how ORCL reacts
[06:00] {tomg} vad, will follow your nq proxies in lieu of nq
[06:00] {tomg} mainly so i can see defined stops
[06:00] {tomg} and targets
[06:01] {bruce} hi tom
[06:01] {Threei} I'll try to see if I can call QID based on NQ read
[06:01] {Threei} just don't forget about inverse relation
[06:02] {tomg} ok, ty
[06:02] {Threei} short QID when NQ is looking up, long when down
[06:03] {tomg} i'm trading cash account, so will have to keep shares extremely small
[06:03] {tomg} may not be worth it
[06:03] {Threei} you are doing well with NQs, why change
[06:04] {tomg} because i need help with stops and targets
[06:04] {tomg} not blowing stops anymore
[06:04] {tomg} but get out too soon most times
[06:04] {Threei} I usually give those for NQ as part of market read
[06:05] {tomg} ok, that's right, you do
[06:05] {tomg} i just thought maybe you doing that just for me and nobody else uses
[06:05] {tomg} so i thought i join the group :)
[06:05] {Threei} I'd say, doing it to provide general market read
[06:06] {bruce} mnst breaking out of daily consolidation
[06:06] {tomg} will try to get account up to 25k, that will help
[06:11] {dino} gm all
[06:11] {Threei} dino :)
[06:12] {esemde} dino
[06:12] {tomg} i thought i was in dcc window, sorry
[06:14] {markweb} gm all
[06:15] {Threei} mark :)
[06:15] {markweb} :)
[06:16] {magoo} back
[06:17] {Threei} were you away?
[06:18] {bruce} hello dino - mags
[06:18] {bruce} hi mark
[06:19] {markweb} bruce:)
[06:20] {bruce} ffiv in motion this am - sharp moves
[06:20] {markweb} dinoooooooo, NIHD:)
[06:22] {dino} ouch
[06:22] {dino} .07 miss
[06:22] {markweb} lol
[06:22] {markweb} sry
[06:23] {dino} wait nongap .61 beat careful, thinking bounce
[06:23] {dino} good spot
[06:32] {Threei} CTDC
[06:32] {Threei} 10 break long, very risky one
[06:33] {magoo} any charts yet?
[06:33] {Threei} no
[06:33] {Threei} 09:33:34 ADMIN7 --} (All): We are aware of the chart issue and are working on it.
[06:33] {bruce} my charts are screwed too - not updating w current info
[06:35] {dino} risky sm, nihd l .51, wide
[06:38] {esemde} bstop CPWR 10.41
[06:39] {Threei} CTDC holding well so far
[06:40] {magoo} u like its volume?
[06:40] {Threei} looks higher than average
[06:41] {Threei} SAP SAYS NOT INTERESTED IN BUYING BEAS
[06:41] {dino} out nihd +1.05, 57.56
[06:41] {Threei} wtg
[06:42] {bruce} nice dino
[06:42] {dino} ty
[06:42] {bruce} mot vad?
[06:42] {markweb} gj dino:)
[06:43] {Threei} 19.40 worth a try probably bruce
[06:43] {bruce} charts up
[06:43] {Threei} yes
[06:43] {magoo} which server
[06:44] {Threei} just swqitch to any or change symbol
[06:44] {bruce} 5 for me magoo
[06:44] {esemde} CPWR bstop removed
[06:45] {dino} nice spot nhd webhead
[06:45] {dino} ty
[06:45] {magoo} imho.,, that chart not accurate
[06:48] {bruce} l mot .40
[06:48] {Threei} want CTDC to hold .70 to remain valid
[06:49] {esemde} CCBL shallow pullback bstop .41
[06:49] {magoo} bidu at it again
[06:49] {Threei} BAMM takeover rumors
[06:49] {esemde} 1/2 lot
[06:49] {Threei} SCON again
[06:49] {Threei} risky long if 11.09 taken
[06:50] {esemde} noticed that as well vad
[06:50] {esemde} CCBL at highs
[06:51] {Roman} NGA
[06:51] {Roman} feels higher
[06:52] {Threei} stop 10.94 SCON
[06:52] {Threei} nicely above 1:1
[06:53] {Threei} looks going for 12
[06:53] {Threei} half out .70
[06:54] {esemde} l CCBL .40
[06:56] {esemde} stop .28
[06:57] {Threei} .75 is about to get taken
[06:58] {Threei} trailing SCON to under .40
[06:59] {dino} mrcy s hl .37, stop .81
[07:00] {Threei} SEPT NEW HOME SALES: 770K V 770KE; M/M RATE: 4.8% V -3.1%E- prior revised to 735K from 795K
[07:01] {Threei} SEPT HELP WANTED INDEX: 24 V 23E
[07:02] {tomg} got out of my nq short just before news broke :)
[07:04] {tomg} have to leave early, take care everyone
[07:04] {esemde} see ya tom
[07:04] {bruce} bye tom
[07:04] {Threei} QID short .80
[07:04] {Threei} stop .96
[07:05] {magoo} meaninmg u think naz going up right?
[07:05] {Threei} eqzaktly
[07:06] {Threei} 1:1
[07:08] {magoo} u think SCON can eat that .90 offer}?
[07:08] {Threei} .80?
[07:08] {Threei} if .77 lets go
[07:08] {Threei} .80 should get eaten in a jiffy
[07:08] {magoo} no }()
[07:08] {magoo} 100
[07:09] {magoo} .90
[07:09] {Threei} oh
[07:09] {Threei} yeah
[07:10] {Threei} lol, tom leaves just when I make market call
[07:11] {tomg} no i didn't
[07:11] {Threei} I mean, good one
[07:11] {Threei} oh
[07:11] {Threei} lol
[07:11] {tomg} saw the call out of one eye
[07:11] {tomg} took it on nq long
[07:11] {tomg} ty
[07:11] {Threei} :)
[07:11] {tomg} or rather TY :)
[07:11] {Threei} anyone still in QID, protect profits
[07:11] {esemde} you might want to check out LLNW....i have my hands full it's at highs
[07:11] {Roman} long CYBS
[07:11] {Threei} market is too jerky to rely on it for sustantial moves
[07:12] {esemde} sorry too late ...
[07:12] {tomg} out nq 2204
[07:12] {dino} mrcy bstop to b/e
[07:12] {tomg} bye :) can't watch anymore
[07:12] {Threei} take care tom
[07:12] {Threei} now real call comes
[07:12] {Threei} (watching with corner of eye if tom returns)
[07:13] {esemde} tom
[07:13] {Threei} out 1/4 more SCON .90
[07:14] {dptl} Vad ,is your quotes ok?on laser
[07:14] {Threei} +.78
[07:14] {esemde} nj vad
[07:14] {Threei} looks fine dp
[07:14] {dptl} hmmm
[07:15] {dino} mrcy stopped +.04
[07:19] {magoo} CTDC vad gets interesting
[07:19] {magoo} news right?
[07:19] {esemde} out CCBL .59 +.19
[07:20] {Threei} nothing feresh that I see on CTDC
[07:23] {Threei} with all recent volatility this is very difficult call... but here goes
[07:23] {Threei} I believe NQ is setting up for rally to 2250
[07:23] {Threei} over next few days
[07:25] {Threei} MSAFT and BIDU reporting today will impact this of course
[07:25] {Threei} MSFT
[07:26] {dino} mrcy hl s .76
[07:27] {Threei} SCON stop to under .60 for the last portion
[07:28] {Threei} well, CTDC is a sneaky animal
[07:29] {Threei} but 10 break looks very tempting
[07:29] {Threei} remains valid to me
[07:30] {Threei} EIA NATURAL GAS INVENTORIES: +68 BCF VS. + 55 TO +60 BCF EXPECTED RANGE
[07:30] {Threei} NIHD new wave of selling
[07:31] {Threei} dino's ears perk up
[07:31] {dino} lol
[07:32] {Threei} isn't it brave. CTDC
[07:33] {bruce} l at 10 ctdc vad?
[07:33] {Threei} see those offers?
[07:34] {bruce} only 571
[07:34] {Threei} and 834
[07:34] {bruce} sorry - over 1500
[07:34] {Threei} gotta see them melting to almost nothing before jumping in
[07:34] {ramvfin2003} vac, any read on DSX?
[07:34] {Threei} set limit above 10
[07:34] {ramvfin2003} vad,
[07:34] {bruce} k - makes sense - should have noticed that
[07:34] {Threei} so you get either last shares at 10 or overpay slightly
[07:35] {Threei} DSX?
[07:35] {Threei} what do you see in it?
[07:36] {Threei} sorry I don't understand ram... no slightest indication of any kind of setup either direction... what do I miss?
[07:36] {ramvfin2003} no thats why i asked to see if u saw anything on a setup
[07:37] {Threei} yeah, but if there is nothing in it, how did it even come to your radar? :)
[07:37] {Threei} I mean, I am scanning for certain setups
[07:37] {Threei} for a stock to get my attention it needs to form something
[07:41] {Threei} dino... for your eyes only
[07:41] {Threei} WCG
[07:41] {cosmo} AKAM
[07:41] {cosmo} wants more ...i think
[07:43] {Roman} NGA
[07:46] {Roman} NGA rocketable
[07:48] {dino} mrcy bstop to .76/b/e
[07:49] {Threei} QID short right here .81 stop
[07:49] {Threei} very tight
[07:51] {Threei} cover half here, unless you are hard core scalper
[07:51] {Threei} for whom quick 15 cents is impossible to resist
[07:53] {bruce} out qid 10 c
[07:53] {Threei} thank you
[07:53] {Threei} I thought everyone's in the coma
[07:53] {bruce} stop was only 5 c so 2 to 1
[07:54] {bruce} have been missing your plays this am vad
[07:54] {Threei} nice read AKAM cosmo
[07:54] {Threei} SCON was fast on a break, no question about that
[07:55] {Threei} XING
[07:55] {bruce} yes - congrats on it - went great
[07:55] {Threei} 12 break interesting
[07:55] {Threei} a bit too sharp spike into 12
[07:56] {Threei} I would prefer little pullback, then break
[07:56] {bruce} mot is going nowhere - wonder if I should exit flat?
[07:57] {Threei} yeah, kind of stuck
[07:58] {Threei} don't know why it's so narrow, it's capable of bigger ranges
[07:58] {bruce} out + 2c
[07:58] {dino} risky hl s daio .00, stop .32
[07:59] {Threei} ENMD?
[07:59] {markweb} Thanks Vad, QID is a COOL !
[07:59] {Threei} what's with that piece of bad memories
[08:00] {Threei} welcome mark
[08:00] {Threei} NINE
[08:00] {Threei} and ese's LLNW
[08:01] {esemde} I like the call sign of that last one en"MD"
[08:01] {Threei} and roman's NGA
[08:05] {dino} leco
[08:09] {markweb} out QID +.15 red=long, grean=short for kids only, Thanks Vad
[08:10] {dino} daio bstop to .09, mrcy to .72
[08:11] {Threei} good job mark
[08:12] {markweb} after 4 mnth in RT:)
[08:13] {dino} gj mark
[08:14] {markweb} ty
[08:14] {dino} risky, nihd l .75 hl
[08:14] {markweb} oi:)
[08:14] {dino} stop lod
[08:14] {markweb} dino go to QID pl!!!
[08:15] {bruce} brcm looks like short continuatin - enough volume to justify trade?
[08:15] {dino} no hate the qid's
[08:16] {Threei} .60 break if stays under .70... why not bruce
[08:16] {Threei} or other way around
[08:16] {markweb} k u need +/-$1:)
[08:16] {bruce} trend looks good - but volume much lower than yesterday vad -
[08:16] {bruce} trying to get better at making picks
[08:17] {Threei} volume is normal... yesterday was totally out of whack
[08:17] {Roman} long CLDN
[08:17] {dino} mrcy stopped +.05
[08:18] {bruce} did you say whack? - thats what you do with trout
[08:18] {Threei} or 2x4
[08:18] {Threei} scon
[08:18] {bruce} I see whatyou're saying though - big volume yerday
[08:18] {Threei} scon
[08:18] {dino} just doesn't work for my system
[08:18] {Threei} aww
[08:19] {magoo} TROUT????
[08:19] * magoo slaps bruce around a bit with a large trout
[08:19] {dino} nihd stop to .99
[08:20] {dino} out nihd .99, +.24
[08:21] {bruce} ouch!
[08:21] {dino} ugh, and spikes a buck
[08:22] {bruce} getting my 2* 4 mags
[08:22] {bruce} so much for brcm -glad I didn't take early enry
[08:24] {esemde} ya'll have a great rest of the day .......
[08:24] {esemde} as they say in the music business...catch you on the flip side
[08:27] {dino} indeed ese, indeed
[08:27] {bruce} brcm s .8 stop .9
[08:28] {Roman} add CLDN long
[08:31] {bruce} stopped
[08:36] {bruce} mot went long after all - figures
[08:36] {dino} thin, s srce .19, stop .43
[08:42] {magoo} SCON holds pretty well...but its just trades like a f*cker
[08:43] {Threei} it sits out its time... grinds shares up and down
[08:43] {Threei} 10 break is the only valid indication for a play on it
[08:43] {Threei} oops, sorry, looked at CTDC instead of SCON
[08:44] {dino} srce bstop to .96
[08:45] {dino} daio bstop to .88
[08:46] {dino} partial cov daio .75, +.25
[08:47] {dino} in full, +.25
[08:50] {dino} srce tighten bstop to .91
[08:52] {markweb} out qid+.20 Thanks Vad
[08:52] {Threei} :)
[08:55] {dino} cov srce w/major slippage at .97 +.22
[08:55] {dino} gj mark
[08:55] {markweb} gj dino
[08:56] {Threei} you two, get a room
[08:56] {dino} hey!
[08:56] {Threei} {--- hiding
[08:56] {markweb} lol
[08:56] {dino} scalp mode rest of week, way over weekly and over daily
[08:56] {Threei} magoo told me to say that dino
[08:56] {magoo} quit braggin
[08:57] {Threei} that was nice on QID just now
[08:57] {Threei} saw that mark?
[08:57] {markweb} y
[08:57] {Threei} there was delay between NQ and QID
[08:58] {Threei} all you wish at .15
[08:58] {Threei} while NQ made sizeable move down
[08:58] {Threei} ideal situation for such play
[08:59] {Threei} nice window for entry, then easy out
[08:59] {Threei} look at that
[08:59] {bruce} brcm + .17 on short
[09:01] {markweb} NIHD Dino?
[09:02] {dino} hmmm
[09:02] {dino} feels like 50 coming, but not touching it for awhile
[09:02] {magoo} falling knife
[09:02] {magoo} p
[09:03] {magoo} people just want OUT
[09:11] {Threei} new selloff is coming
[09:12] {Threei} (probably)
[09:12] {magoo} NIHD?
[09:12] {Threei} no, market
[09:12] {Threei} if NQ loses 2170, look out
[09:12] {magoo} which mkt {he he}as magoo runs for cover
[09:13] {dino} phly
[09:25] {Threei} once again just now if you watch QID
[09:25] {markweb} y
[09:25] {Threei} same situation, nice delay between NQ and QID
[09:26] {Threei} and NQ move big enough to give nice scalp when QID catches up
[09:26] {markweb} .30 long
[09:26] {bruce} phly looks like one of your reversal plays dino
[09:26] {dino} yeah, but i have to leave for an hour
[09:26] {dino} iclr
[09:26] {Threei} watch NQ for 2180 break mark
[09:27] {Threei} if it does get the hell out of that QID long
[09:27] {markweb} ty
[09:27] {Threei} not sure about your motivation for this play
[09:27] {magoo} i confused{which is easy}
[09:28] {magoo} u want naz to drop or run?
[09:28] {Threei} that was one little downtick before break, net a reversal
[09:28] {magoo} part b, go quid opposite
[09:28] {Threei} korrekt magoo
[09:28] {Threei} why the confusion
[09:28] {magoo} u think naz collaspe or bounce coming?
[09:29] {Threei} I don't either way
[09:29] {Threei} I scalp as it moves along
[09:29] {Threei} it shows now and then the entry window,
[09:29] {Threei} nice juicy delay between NQ and QID
[09:30] {Threei} and NQ makes 2-4 points move while QID remains stalled,
[09:30] {magoo} so u short the qid?
[09:30] {Threei} so you grab your position,
[09:30] {Threei} then QID catches up
[09:30] {Threei} you exit
[09:30] {magoo} 12:30] {magoo} so u short the qid?
[09:30] {Threei} [12:30] {magoo} so u short the qid? {--- yes IF nq move is up
[09:31] {Threei} long if down
[09:31] {markweb} i did it
[09:31] {Threei} look at 11:58 and two bars after that,
[09:31] {Threei} very nice move,
[09:31] {Threei} and there was good 30 seconds delay
[09:33] {magoo} just new to magew
[09:34] {magoo} the Q so how udo
[09:34] {magoo} is what i new
[09:34] {Threei} huh?
[09:34] {Threei} the Q so how udo {--- I need translation :)
[09:36] {markweb} out +.13
[09:36] {Threei} mark mastered new vehicle
[09:37] {Threei} let me say couple more words on this so we are clear on this approach
[09:37] {Threei} two ways to approach this:
[09:37] {markweb} mess for me, Vad pl. try 1 more time.
[09:37] {Threei} 1. just playing the market trend as long as you can read it
[09:38] {Threei} for this, you will participate when you get firm conviction on the way NASDAQ is going
[09:38] {Threei} nothing really different from playing NQ
[09:39] {Threei} or Qs for that matter, excpet better price, capital commoitment and size of the move
[09:39] {Threei} 2. Arbitrage scalp
[09:39] {Threei} this is where you use that time delay
[09:39] {Threei} idea isd,
[09:40] {Threei} since there is a correlation between NQ and QID
[09:40] {Threei} you have a chance to utilize it IF there is a delay between them,
[09:40] {Threei} i.e., leader (NQ) made its move
[09:40] {Threei} while follower (QID) is still in place
[09:41] {markweb} how big is time delay?
[09:41] {Threei} Follower will catch up very quickly
[09:41] {Threei} there is no consistent delay
[09:41] {Threei} sometimes it's there, sometimes there is none.
[09:42] {Threei} What you do is hunt for situation with two componenets:
[09:42] {Threei} 1. Presence of delay enough for entry
[09:42] {bruce} and would think you are waiting for new clean high or low break to signal this vad?
[09:42] {Threei} 2. NQ move big enough to warrant worthy scalp
[09:42] {Threei} you don't jump on every uptick or downtick NQ
[09:43] {Threei} you want 11:58 situation
[09:43] {Threei} where NQ makes several points
[09:43] {Threei} and QID is still there
[09:43] {bruce} k makes sense
[09:43] {bruce} good idea
[09:43] {Threei} bruce, this is just the method of reading... any setup you utilize for a stock will work for NQ
[09:44] {bruce} can set up 2 charts beside each other to make it easy to see those plays
[09:45] {Threei} in any case, observe this pair for a while before jumping in
[09:45] {Threei} get a feel for how their collaboration works
[09:45] {Threei} when it's a worthy opportunity and when it's just a noize
[09:45] {bruce} is this pair trading new for you vad - I don't remember you taling about it before
[09:45] {Threei} not as a principle
[09:46] {Threei} we did thiskind of things before,
[09:46] {bruce} k
[09:46] {Threei} there was a period when gold stocks moved in this manner
[09:46] {Threei} in opposition to the NASDAQ
[09:46] {Threei} and we played it for a while
[09:46] {Threei} then correlation ceased to be clean
[09:46] {Threei} so we abandoned it
[09:47] {Threei} it's QID that is new for me
[09:47] {bruce} k
[09:47] {Threei} but not the idea of time-based arbitrage
[09:47] {bruce} emc - any read?
[09:47] {markweb} nice tool:)
[09:48] {Threei} EMC, feels up but it's a pullback stock
[09:48] {Threei} not breakout
[09:48] {bruce} k
[09:48] {bruce} good to know!
[09:49] {bruce} sheesh - right on the money -
[09:49] {bruce} broke by a couple cents then started pullback
[09:52] {bruce} time for daily doggy duty
[09:52] {bruce} see you guys in 20
[09:57] {markweb} Vad pl provide clear call on QID one more time for a stupid mech. engineer:)
[10:00] {magoo} HEY mark, i may be stupid but no engineer lol
[10:00] {markweb} lol
[10:02] {Threei} will try mark... it happens quickly
[10:03] {Threei} I mean arbitrage kind
[10:03] {markweb} ty
[10:03] {Threei} trend following kind is easier to alert in time
[10:04] {Threei} watch for posible long if NQ jeopardizes this support 2170
[10:05] {Threei} breakdown is likely to produce about 10 points drop for NQ
[10:05] {markweb} in @.36gambli
[10:06] {Threei} inQID terms it would be something like 30-40 cents
[10:06] {markweb} out .62
[10:07] {markweb} in not a gambler:(
[10:08] {magoo} in squid .56
[10:08] {magoo} first try ever
[10:08] {magoo} layout 36.98 atrea u thinking vad?
[10:09] {Threei} hard to tell, market is so jerky
[10:09] {Threei} I am in scalping mode
[10:10] {magoo} trades like pulp
[10:18] {Threei} wow SCON
[10:23] {magoo} vcad should we enable the edgx we blocked yesterday?
[10:24] {Threei} it's enabled unless you saved layout
[10:24] {Threei} I see it in quotes
[10:26] {Threei} you took QID profit or holding for more?
[10:26] {magoo} i saved
[10:26] {markweb} holding
[10:26] {Threei} enable then
[10:27] {Threei} unchek hide MM box
[10:27] {Threei} should be enough
[10:27] {magoo} where is that again?
[10:27] {Threei} right click Level 2
[10:27] {Threei} Hidden MM tab
[10:28] {Threei} no laserdave around to slap... so, next best thing:
[10:28] * Threei slaps Chaeron around a bit with a large trout
[10:28] {magoo} but i there, wheres the enable
[10:28] {Threei} there is no enable, there is Hide marketMaker box
[10:29] {Threei} uncheck it
[10:29] {magoo} i see hide , add delete
[10:29] {Threei} iss Hide checked?
[10:31] {magoo} no to hide mm or hide ttal
[10:31] {dptl} you have to delete them Magoo
[10:31] {magoo} still hav GAB and GXB in there
[10:31] {Threei} in left column you have GAB and GXB
[10:31] {magoo} delete them?
[10:31] {dptl} yes
[10:31] {magoo} yeah
[10:32] {Threei} click on them one by one and click Delete
[10:32] {magoo} ok, and thats it?
[10:32] {Threei} click OK
[10:32] {Threei} resave layout
[10:32] {Threei} and in the future, keep you main layout untouched, if you make change save it under different name
[10:32] {magoo} yup
[10:32] {dino} back
[10:33] {Threei} so your basic one is always safe
[10:33] {Threei} and you can roll back anytime
[10:44] {dino} advs hl s .98, stop .31
[10:49] {markweb} out QID flat, have to paper trade:)
[10:49] {Threei} just don't try for big trend move qhen the market is so jerky
[10:49] {markweb} 3/4 gambling
[10:50] {Threei} you had about 25 cents
[10:50] {Threei} we see intraday market reversals for 40-50 points these days
[10:50] {Threei} why risk to get caught into something like this
[10:51] {markweb} risk is low compare to LULU
[10:52] {markweb} imho
[10:52] {magoo} i miss LULU
[10:52] {bruce} you done w trading today after big scon trade vad?
[10:52] {Threei} why
[10:52] {Threei} I just don't push hard
[10:53] {Threei} but hunting for a good one nonetheless
[10:53] {bruce} k
[10:58] {dino} advs bstop to .74
[10:58] {dino} stopped ave.74, +.24
[11:01] {magoo} how we know you are not outside in shed working out vad?
[11:01] {Threei} ask
[11:02] {Threei} if I am in shed I won't answer :)
[11:02] {dino} ugh advs, and magoo holds short
[11:05] {dino} hl s axys .60, stop .91
[11:05] {markweb} ugh QID, missed naz 2736:(
[11:17] {bruce} lft just tok off
[11:18] {dino} axys bstop to .44
[11:19] {dino} to .36
[11:23] {dino} to .16
[11:23] {dino} stopped slippage at .20, +.40
[11:24] {markweb} gj
[11:25] {bruce} nice dino
[11:25] {bruce} axys had been trending up - what got you thinking short in it?
[11:26] {dino} hl l rimm .92
[11:26] {dino} ty bruce
[11:26] {dino} and mark
[11:29] {dino} bruce, mkt dropped so i went short, no real thinking
[11:37] {bruce} k -
[11:38] {dino} out rimm .16, +.24, too whippy
[11:40] {bruce} I thought you liked whippy?
[11:41] {magoo} he likes WIMPIES
[11:41] {magoo} sloppy joes
[11:41] {bruce} spiky boots whips and chains
[11:42] {dino} roflol
[11:42] {bruce} mrvl, nvda ,amzn testing higs now
[11:43] {bruce} any read vadster?
[11:43] {Threei} AMZN worth trying off pullbacks
[11:43] {Threei} it's near support right now
[11:43] {bruce} isn't his it then ? aboiut .50?
[11:44] {Threei} NVDA no
[11:44] {Threei} MRVL no
[11:44] {Threei} yes, AMZN is at the point of entry on first strength
[11:47] {bruce} sheesh - missed amzn .20 entry
[11:47] {Threei} that was very sudden vertical spike
[11:47] {bruce} what was wrong with nvda, mrvl - not enough volume?
[11:48] {Threei} AMZN makes new highs while NQ is merely bounces
[11:48] {bruce} I see rising volume in amzn - that tipoff its the bgetter trade?
[11:48] {Threei} NVDA is deep in red,
[11:48] {bruce} ah -
[11:48] {Threei} nothing really to get excited about
[11:49] {Threei} MRVL, not only in red
[11:49] {Threei} but also has much narrower range
[11:49] {Threei} 70 cents for entire day
[11:49] {Threei} hard to expect anything excviting from it
[11:50] {Threei} also,
[11:50] {Threei} AMZN has pattern on intraday
[11:50] {Threei} something to follow
[11:50] {Threei} those two are just market sheep
[11:52] {Threei} lookie now
[11:52] {Threei} little NQ bounce,
[11:52] {Threei} AMZN jumpts half point
[11:52] {Threei} NVDA ticks 5 cents
[11:52] {magoo} nice read vad
[11:52] {Threei} MRVL does nothing at all
[11:53] {Threei} difference between willing stocks and those you ned to drag by rope
[11:54] {bruce} k - much tahnks
[11:54] {Threei} :)
[11:55] {bruce} easy to a pattern and not notice range when in hurry to look for opportunities
[11:55] {Threei} well... think of it this way
[11:55] {Threei} you are looking for opportunity
[11:56] {Threei} wanting to find it
[11:56] {Threei} I am looking at opportunities rather willing to discard them
[11:56] {Threei} my default mode is skeptical about opportunity
[11:56] {Threei} chart needs to convince me
[11:56] {Threei} it's non-compelling, I am not interested
[11:57] {Threei} this is much finer filter
[11:57] {markweb} AMZN long from 89.01, vad?
[11:58] {Threei} no
[11:58] {markweb} ty
[11:58] {Threei} AMZN is pullback stock today
[12:00] {bruce} makes snse - amzn just did 50 pullback so breakout will have large ttop and hi risk
[12:00] {Threei} just look at irts intraday today
[12:00] {Threei} do you see many freakouts that worked vs pullbacks?
[12:00] {Threei} it's not a rocket science really :)
[12:02] {bruce} freakouts are my specialty
[12:02] {Threei} lol
[12:04] {bruce} too bad you can't set charts to see range - easy for a 10c mover to look same as 10 dollar one
[12:05] {Threei} sorry bruce... but you are going to have to look at numbers... I know it's tough...
[12:05] {bruce} amzn back to pullback entry here again?
[12:06] {Threei} absolutely, just keep an eye on NQ
[12:06] {Threei} sequence is, it's in support zone, get ready, watch NQ for reversal and AMZN for confirmation
[12:06] {Threei} green NQ
[12:07] {magoo} laser says naz down 22 anyone else?
[12:08] {Threei} COMP yes
[12:08] {magoo} sometimes laser is off thats why i ask
[12:09] {markweb} naz -23.99
[12:10] {markweb} DJ-26
[12:12] {bruce} its not laser thats off mags
[12:15] {markweb} svvs Dino?
[12:16] * magoo slaps bruce around a bit with a large trout
[12:16] {dino} would like it better lower
[12:16] {markweb} ty
[12:17] {bruce} I had that coming
[12:17] {bruce} sorry - couldn't resist
[12:18] {bruce} amzn is setting up - but no cooperation from nq yet - so you'd wait to see if an uptick here vad?
[12:18] {Threei} it's totally ready, just needs market push
[12:19] {Threei} watch NQ, see if you can get clean move and AMZN entry
[12:19] {Threei} if they move togeether with no delay, then it's just not a good opportunity to play following
[12:19] {bruce} got you - also looks like amzn could tank here - if nq reverses
[12:22] {markweb} i see SVVS, thanks Dino:)
[12:26] {dino} hasn't really moved
[12:28] {dino} rimm hl l .51
[12:33] {bruce} amzn triggered short before nq to my eye
[12:33] {Threei} didn't watch it at the moment, focussed on QID
[12:34] {markweb} im long QID @.32
[12:38] {dino} out rimm .49 -.02
[12:39] {dino} scared me out, damn
[12:39] {dino} frnt
[12:40] {dino} nah
[12:40] {markweb} out.QID flat
[12:41] {markweb} MESS. paper trading first
[12:42] {dino} thinking stick a fork in me, i'm done
[12:43] {Threei} that was easy shoert trigger in QID
[12:43] {markweb} no more questions, sry
[12:46] {bruce} easy for you vad - looked to me like nq was going down - then itmoved back up
[12:46] {markweb} MESS
[12:46] {dino} i can't trade the qid mark. don't let it bother you. find your edge, keep a stop, keep it simple
[12:46] {Threei} bruce... I never tried to predict it
[12:47] {Threei} it DID move,
[12:47] {Threei} QID gave pause for entry
[12:47] {markweb} first try 3/4
[12:47] {bruce} hhard to tell diference between a mall correction and trend
[12:48] {Threei} this is not hopw I approach it
[12:48] {Threei} it was move by NQ big enough for a scalp on QID
[12:48] {Threei} who cares what happens after
[12:49] {Threei} .22 in, .11 out, 2K shares
[12:49] {markweb} call it next time pl,
[12:49] {markweb} Vad call it next time pl,
[12:49] {markweb} Vad call it next time pl,
[12:49] {Threei} mark, didn't we dfiscuss it earlier?
[12:50] {Threei} let me find it
[12:50] {Threei} [13:03] {Threei} will try mark... it happens quickly
[12:50] {Threei} [13:03] {Threei} I mean arbitrage kind
[12:50] {Threei} [13:03] {markweb} ty
[12:50] {Threei} [13:03] {Threei} trend following kind is easier to alert in time
[12:51] {Threei} you saw what time window is there for entry?
[12:51] {markweb} no
[12:51] {dino} nihd, nice magoo
[12:51] {Threei} I really doubt it will be there while I type
[12:52] {dino} magoo gone hot, short amzn 56.50, nihd 56.10
[12:52] {dino} yelling at me
[12:53] {Threei} let me repeat: trend following type of trade on QID I can call,
[12:53] {Threei} arbitrage trade I cant teach but not call in tyime
[12:53] {Threei} there is simply not enough time for a call
[12:53] {markweb} k
[12:53] {Threei} cant = can
[12:54] {Threei} this is something I can explain how to do, but you have to do it on your own
[12:54] {bruce} I must notbe reading right - I saw 3 red candles
[12:54] {Threei} on what bruce?
[12:54] {bruce} that was followed by bigger green
[12:55] {bruce} was looking at comp index and dji both
[12:55] {dino} screw the candles bruce, thinking too much
[12:55] {Threei} I am beyond lost :)
[12:55] {Threei} DJI has littlee to do with it
[12:55] {Threei} it's NASDAQ following
[12:56] {Threei} there is no green candle anywhere near that drop that I scalped
[12:57] {_rn_86} hello, finally got in
[12:57] {dino} stld
[12:57] {Threei} hi m86, welcome
[12:57] {dino} welcome to the jungle m-86
[12:57] {_rn_86} thnks
[12:57] {Threei} we will have to be rude and say buy 3 min after you got it... sorry :)
[12:59] {dino} i guess advs s not getting hit, was waiting 56.40
[13:00] {dino} lol
[13:00] {magoo} bidu vad tomite
[13:00] {Threei} doesn't look like that
[13:00] {Threei} yeah
[13:00] {Threei} you want to trade BIDU on earning annpuncement after hours? :)
[13:00] {dino} bruce dcc me
[13:00] {markweb} see you all.Thanks Vad for QID, one additional tool:)
[13:01] {Threei} take care mark
[13:02] {magoo} pop drop pop bidu vad
[13:02] {magoo} prediction {mr. T} PAIN
[13:03] {Threei} it's just that this thing moves dollars in seconds even during normal trading :)
[13:04] {Threei} VG
[13:04] {Threei} RESOLVES PATENT SUIT WITH VZ
[13:07] {Threei} DRIV
[13:07] {Threei} REPORTS Q3 $0.35 V $0.41E, R$82.5M V $81.7ME- Guides Q4 $0. v $0.54e, R$ v $94Me
[13:11] {magoo} guides down?
[13:11] {Threei} no guidance
[13:11] {Threei} MSFT
[13:11] {Threei} REPORTS Q1 $0.45 V $0.39E; R$13.76B V $12.6BE
[13:13] {Threei} Ok guys, I am off
[13:13] {Threei} BIDU can jump up and down without me
[13:13] {Threei} take care, see you tomorrow
[13:13] {magoo} c'mon cranky
[13:13] {Threei} hmm?
[13:14] {Threei} me no cranky
[13:14] {Threei} me happy
[13:14] {magoo} cool c u morrow THANX
[13:28] {bruce} done for day
[13:28] {bruce} bye all

Session Close: Thu Oct 25 21:09:06 2007