Monday, November 5, 2007

November 5, 2007

Session Start: Mon Nov 05 00:00:00 2007

Session Time: Mon Nov 05 00:00:00 2007

[05:38] {bruce} mornig rt
[05:41] {Threei} good morning
[05:42] {hawkfan4} good morning vad, all
[05:42] {Threei} hawk :)
[05:42] {magoo} morning
[05:43] {Threei} magoo :)
[05:44] {Threei} BEAS saga continues
[05:48] {dptl} good morning all
[05:48] {Threei} dp :)
[05:49] {bruce} hi pd , mags
[05:53] {esemde} GM bruce cos dp hawkjm mags.....
[05:53] {esemde} andddddd.....Vad
[05:53] {Threei} ese :)
[05:54] {esemde} haven't seen the futures yet tanking again?
[05:54] {Threei} -19.50 NQ
[05:54] {bruce} hi ese
[05:57] {cosmo} BLDP pre mkt high = 5.70 fwiw
[05:59] {cosmo} IRBT
[05:59] {cosmo} ...for halloween :)
[06:00] {Threei} Systems Inc BMO Capital suggest PLUG/WMT news a positive for Co.
[06:00] {Threei} - From what we understand, Plug/Cellex GenDrive systems use PEM stacks supplied by Ballard Power, so although this transaction is being deemed as a "proving ground", it is promising that Wal-Mart has apparently decided to initiate another testing phase of the fuel cell powered lift trucks. Although the number of Plug/Cellex systems ordered are likely small, the deal represents another potentially positive development for the near-term comme
[06:01] {cosmo} comme?
[06:01] {Threei} I don't know if it's time yet but BLDP should have something in it sooner or later
[06:02] {Threei} it's too "green" technology to stay out of focus forever
[06:02] {Threei} and it had a history of huge runs
[06:02] {Threei} I remember it around 80 when it got first attention
[06:03] {cosmo} VOLT
[06:03] {Threei} of course it was when stocks running from 2 to 80 were rather norm :)
[06:03] {Threei} 07:30am [VOLT] Reports Q3 $0.04 v -$0.05e; R $15.5M v $12.5Me
[06:04] {cosmo} 2 to 80 overnite, usually
[06:04] {Threei} ENDM? :)
[06:04] {Threei} from 12 actually
[06:04] {Threei} ENMD sorry
[06:05] {cosmo} my favorite was NSCP
[06:06] {cosmo} on the buy out
[06:06] {Threei} NSCP and IOM were first signals of what was coming I guess... then KTEL came
[06:07] {Threei} and things went crazy :)
[06:07] {cosmo} then TSATA...
[06:07] {Threei} lol
[06:07] {cosmo} :)
[06:09] {magoo} u think well ever see that crazy again vad??
[06:09] {Threei} who knows... if we do I intend to get indecently rich inone year
[06:10] {Threei} unless USD cheapens at the sdame rate as stocks go up of course :)
[06:11] {Threei} there are some limiting factors now that didn't exist back then
[06:11] {Threei} one of them is decimals vs fractions
[06:11] {Threei} volatility was much higher with fractions
[06:11] {Threei} but when the real bull frenzy hits nothing matters
[06:12] {bruce} don't know if we'll see a frenzy like haqt again ion our lifetime vad
[06:12] {Threei} I hear sometimes that it can't happen anymore because public already saw bubble/burts cycle
[06:12] {Threei} but I don't buy this argument
[06:13] {bruce} ind of like the tulip craze
[06:13] {dino} gm all
[06:13] {Threei} after all, despite "seeing it already", didn't real estate bubble came right on the heels of tech one
[06:13] {Threei} dino :)
[06:14] {bruce} hey dino
[06:15] {bruce} true vad - but re bubble was "small" compared with internet frnzy
[06:15] {Threei} and if read Populare Delusions and Crowd Madness... didn't we have similar bubbles throughout entire history
[06:15] {bruce} we'llo have more bulls - don't think w'll see a 0 yr un though
[06:15] {esemde} dino
[06:15] {dino} morn' ese, bruce, vad
[06:16] {bruce} 10 yr - geesh tyuping is awful this am
[06:16] {Threei} the more things change...
[06:17] {bruce} euphoria and panic here to stay for sure - look at china
[06:17] {Threei} of course
[06:17] {Threei} tape reading principles are as true today as they were at Jesse Livermore times
[06:17] {Threei} there is a good reason for that
[06:18] {Threei} be back in 5
[06:25] {Threei} let's watch if BLDP holds above 5.50
[06:26] {cosmo} gee.. it must have heard you
[06:26] {esemde} i'm with you on BLDP
[06:27] {Threei} just need it to go back up after open and establish this new support
[06:27] {Threei} and watch for signs of momo
[06:28] {Threei} 5.22 is Friday high
[06:30] {bruce} drys
[06:31] {dino} bsmd?
[06:32] {dino} s bsmd 6.18, hl
[06:32] {Threei} ASTI small shares .25 long if holding 20
[06:33] {Threei} BLDP some buying
[06:33] {Threei} still on watch, no entry
[06:34] {bruce} wynn dino
[06:34] {dino} cov bsmd .60, +.58
[06:35] {Threei} .61 long BLDP
[06:35] {Threei} .49 stop
[06:36] {Threei} ASTI over 1:1
[06:36] {Threei} half out at least
[06:37] {dino} wynn not sure
[06:37] {Threei} 1:4 ASTI
[06:37] {Threei} out
[06:37] {dino} most likely up if mkt helps imo
[06:40] {Threei} BLDP is not a scalp to me, will partial and try to milk it
[06:43] {Threei} WIND
[06:44] {Roman} SOHU
[06:46] {Threei} half out BLDP into spike after .75 break
[06:47] {Roman} long ESLR
[06:47] {Roman} 12.30
[06:48] {magoo} out half .79 vad TY
[06:48] {Threei} .79 too
[06:48] {Threei} welcome
[06:48] {Threei} stop .59'
[06:48] {dino} gj
[06:52] {Threei} offering 1/4 more .91
[06:52] {magoo} lol...i at 89
[06:53] {Threei} I am greedier by 2 cents
[06:56] {Threei} perfect antry ESLR Roman
[06:56] {Threei} entry too
[06:58] {Threei} do we want too much from BLDP...
[06:58] {magoo} out .81
[06:58] {Roman} out ESLR
[06:58] {Roman} ty vad
[06:59] {Roman} watching SOLF & CSIQ solars with ESLR
[06:59] {dino} wynn hl l .12, risky
[07:01] {dino} s hl mtg .88
[07:05] {dino} wynn stopped -.46
[07:07] {dino} wynn l hl .00
[07:07] {Threei} hit .91 BLDP
[07:07] {Threei} last portion stiop to 5.65
[07:08] {dino} out wynn .26, +.26
[07:08] {magoo} nice read vad
[07:08] {esemde} bstop IMMR .20
[07:13] {dino} cov mtg .68, +.20
[07:13] {dino} too soon
[07:15] {esemde} out IMMR .30 +.10 HAVE TO ANSWER THE PHONE ARGHHHHHH
[07:15] {Threei} rip off that corsd
[07:15] {Roman} GIGM weak
[07:15] {Roman} possible short
[07:21] {bruce} vrtx dino
[07:23] {dino} bucy
[07:24] {dino} vrtx? dk
[07:25] {dino} you had it bruce
[07:25] {esemde} LLNW? If it breaks .80
[07:26] {bruce} yes - went l vrtx
[07:26] {bruce} 20 c
[07:26] {bruce} should have taken more
[07:26] {Threei} quite thin ese
[07:26] {Threei} looking at level 2 I'd think you'll be luck to get your fill at .85
[07:27] {dino} gj
[07:27] {bruce} thanx dino
[07:27] {esemde} true....
[07:27] {esemde} will rethink
[07:28] {Threei} YHOO
[07:29] {Roman} TGIC spike
[07:30] {dino} wynn l hl .60
[07:30] {magoo} vad, triple top q?
[07:31] {dino} out .24, +.64
[07:31] {Threei} no read either way magoo
[07:32] {dino} risky, hl s bucy .55
[07:37] {dino} bucy bstop to .31
[07:37] {Threei} QID short with tight stop
[07:38] {Threei} .11
[07:38] {dino} to .26
[07:38] {dino} cov +.24 slippage
[07:39] {dino} vrtx was a great call bruce
[07:40] {bruce} thanx dino - just lucky
[07:41] {dino} thats part of the game, great spot on that and wynn
[07:41] {Roman} DSTI watching off 5 but reall needs to break 6 to play
[07:41] {esemde} LLNW ...there she blows
[07:42] {dino} bucy spikes again
[07:42] {Roman} SOHU long setup
[07:42] {Roman} long super small .50 area
[07:42] {Threei} what's with ENMD
[07:42] {Threei} I don't see any news
[07:42] {Threei} 1:1 QID
[07:43] {Threei} should give more
[07:43] {bruce} fast mover bucy - prefer to see it around 25 before shortling
[07:44] {bruce} 85 raterh
[07:45] {ramvfin2003} SCON nice bounce of LOD
[07:46] {Threei} RIMM ready to bust 131 it seems
[07:46] {Threei} not my cup of tea exactly
[07:46] {Threei} will stay away personally, see if you like it
[07:47] {dptl} cwst?
[07:47] {Roman} watching some chine plays for to play
[07:47] {Roman} CNTF, KONG , etc
[07:48] {Threei} not sure dp
[07:48] {Threei} 131 ding
[07:49] {Threei} 1:2.5 QID
[07:49] {Threei} me out
[07:49] {Threei} +.26
[07:50] {Threei} that's 3:3 so far today not counting RIMM
[07:51] {Threei} any takers or noone pays attention to me but magoo?? {G}
[07:51] {dino} mtg s hl .35
[07:51] {Threei} {--- looking for excuse to go sleep
[07:52] {Threei} CROX
[07:52] {Threei} HEARING TAKEOVER CHATTER CIRCULATING- Nike rumored as a potential acquirer
[07:53] {Threei} Roman... any DSTI insight?
[07:53] {bruce} you're hiting on all cylinders today vad
[07:53] {Roman} not really until it breaks $6, very unreliable
[07:54] {Threei} ty
[07:54] {Roman} CHNR
[07:54] {Threei} yean bruce but does anyone care? noooo....
[07:55] {Threei} BLDP, hard to tell if this thing has more in it for today,
[07:55] {Threei} if you like it, here is the way to try it:
[07:55] {Threei} if it stays above .80, .92 long trigger,
[07:55] {Threei} .79 stop,
[07:56] {Threei} be ready to get stopped and try it again if it sets up again
[07:56] {Threei} it's in a twilight zone
[07:56] {Threei} maybe catching momo finally, maybe wilts and dies
[07:56] {Threei} both are equally probable at this point,
[07:56] {Roman} looks like the boyz really like NTES
[07:57] {Threei} but if it starts working for real, move is going to be sizeable
[07:57] {Threei} while stop is failry tight
[07:58] {Threei} if loses .80 before triggering, let it go, wait for it to return in the consolidation range and spend some time in it
[07:58] {Threei} don't buy sharp spike into resistance
[08:02] {Threei} 12PM CONF CALL TO DISCUSS MOBILE SOFTWARE- Google, T-Mobile, HTC, Qualcomm and Motorola to Discuss New Open Platform for Mobile Devices
[08:03] {esemde} LLNW was interesting to watch.....still is
[08:03] {Threei} tough one
[08:03] {Threei} you haven't tried it as it broke .80?
[08:05] {Threei} ESLR probably becomes interesting again closer to 12.40
[08:05] {esemde} no....thought about a half lot when it was back .70
[08:06] {esemde} have a bstop in at 18.90 for IRBT though
[08:10] {Threei} look who woke up... LOCM
[08:12] {Threei} morning was aurprizingly easy and stress-free for a monday
[08:13] {Threei} no clear plays at the moment, not pushing it
[08:13] {Threei} letting it come to us naturally
[08:14] {Threei} IACI dino
[08:18] {dino} missed it
[08:29] {Threei} for adrenalin-deprived: AAPL pulback into 188 is a level to watch for long entry
[08:29] {magoo} OY
[08:30] {Threei} at 186 I'd buy not even looking
[08:30] {Threei} feel any adrenalin deprivation mags?
[08:31] {magoo} depends on qqqq here
[08:31] {Threei} WAVE
[08:31] {Threei} watch for all kinds of "me-toos" on this GPhone thing
[08:32] {dino} tmcv
[08:36] {Threei} of course not, he sees oil at 200 in his wet dreams
[08:36] {dino} mtg stopped -.35
[08:37] {magoo} vad, see q? rolls over and aapl rolls
[08:37] {Threei} 1 buck AAPL selling on NQ 3 points downtick?
[08:38] {Threei} that's some correlation
[08:55] {dino} hl l egle .40
[08:58] {Threei} anyone went long ESLR off .40?
[08:59] {magoo} forgot it watching otheres
[08:59] {Threei} just a scalp anyway
[09:00] {Threei} but could become a player again on .60 break
[09:00] {Threei} it likes deep pullbacks and big comebacks
[09:01] {bruce} l egle .31
[09:01] {Threei} stop .49 if breaks
[09:03] {Threei} big offers seem to be a fake
[09:08] {Threei} NQ fast selling
[09:10] {magoo} news?
[09:10] {Threei} nothing fresh
[09:10] {bruce} out egle
[09:11] {esemde} IRBT filled .86.....bout as patient as i've ever been
[09:12] {dino} drys blood
[09:17] {dino} risky, l drys .75
[09:19] {dino} lnop drop
[09:22] {dino} egle stopped -.22
[09:24] {dino} out drys .50, +.75
[09:25] {Threei} hmmm
[09:25] {Threei} CBC reporting BLDP is trying to sell its fuel cells division
[09:26] {Threei} as related to cars
[09:26] {bruce} nice trade drys dino
[09:26] {Threei} wants to re-focus on forklifts and power generation
[09:26] {dino} thx
[09:30] {Threei} why is VLNC happy?
[09:31] {Threei} not that I mind, I am glad to see happiness... just thought maybe we could partake
[09:32] {Threei} - GOOG says mobile system software kit to handset developers in one week, says handsets based on its 'android' software to appear in second half of 2008
[09:40] {esemde} signing off ladies and gents....see ya tomorrow
[09:41] {magoo} bye ES
[09:41] {esemde} see ya magoo
[09:41] {patience} gorgeous day outside ese, enjoy
[09:41] {Threei} take care ese
[09:41] {esemde} will do am bike riding to school
[09:48] {bruce} bye ese
[09:49] {bruce} enjoy the ride!
[09:56] {bruce} sitting here enjoying a sandwich
[09:56] {bruce} while dog looks on and drools on me
[09:56] {bruce} nothing like working from home!
[10:01] {Threei} hmmm... sounds nice
[10:01] {Threei} I should try that
[10:01] {Threei} wait... I AM home
[10:02] {bruce} lol vad
[10:02] {bruce} thats what you get for sleepng an extra hour today
[10:02] {Threei} yeah right
[10:03] {Threei} I missed announcement
[10:03] {Threei} and woke up too eaarly yesterday
[10:03] {Threei} I need to pay attention to the world around me...
[10:03] {bruce} theres a world beyond trading?
[10:04] {Threei} there is something called trading?
[10:04] {bruce} eh - did you type something?
[10:04] {bruce} cant focus thes ee eyes
[10:04] {Threei} oh, you mean this thingy when you push buttons and money flow into your account for some wierd reason
[10:05] {Threei} I always wondered if there was a name for it
[10:05] {bruce} ah the money flow thing
[10:05] {bruce} all the non traders call it NOT workin vad
[10:06] {Threei} market better wake up soon, or we will lose our minds
[10:06] {Threei} (providing there is much to lose of course)
[10:07] {Threei} they don't get it bruce... you actually have to tell buy button from sell button... of course it's work
[10:08] {bruce} oh - nowonder I'm gettingmessed around
[10:09] {bruce} I thought you just counted to 10and pushed alternate buttons
[10:14] {Threei} that's about sums it up
[10:15] {Threei} QID .16 long
[10:16] {Threei} stop 34.99
[10:16] {Threei} just a scalp
[10:17] {magoo} meaning u think naz falling
[10:18] {Threei} NQ breakdown of 2210 is short trigger, matches .16 long on QID, yes
[10:18] {magoo} ok..wanted to be sure i understood thought
[10:31] {magoo} u watching AAPL vad?
[10:32] {Threei} no... should I?
[10:36] {Threei} stop to .09 QID
[10:37] {Threei} 1:1
[10:37] {Threei} me out
[10:37] {Threei} 4/5
[10:38] {Threei} I'd call it a good monday
[10:40] {dino} hl l dwsn .63
[10:41] {Threei} I wonder... does anyone actually pay any attention? aside of magoo and bruce?
[10:41] {hawkfan4} i got qid vad, thanks :)
[10:41] {Threei} no thank YOU
[10:42] {hawkfan4} lol
[10:42] {magoo} i hrere
[10:42] {Threei} I sometimes get a feeling I am yeling in the middle of a desert :)
[10:43] {Threei} scaring scorpions away
[10:45] {Threei} {Scorpions} yeah, shut up, don't get in the way of our sleep
[10:46] {magoo} i take modst of them
[10:46] {magoo} your calls
[10:46] {magoo} keep up good work
[10:46] {bruce} what - you mean magooo and I don't count?
[10:46] {Threei} I know magoo... that's why I said "aside of" :)
[10:47] {Threei} no, I just know you two do pay attention
[10:47] {Threei} but yeah, if you insist... you don't count {G}
[10:47] {bruce} k
[10:47] {bruce} feel better now
[10:47] {Threei} you know you just walked into that one, right
[10:47] {bruce} you bet
[10:47] {Threei} so bruce tell me
[10:47] {bruce} oh oh -
[10:48] {Threei} you continue your winning streak today?
[10:48] {bruce} here it comres
[10:48] {Threei} nah
[10:48] {bruce} ah
[10:48] {bruce} yup
[10:48] {Threei} I am too lazy for anything longer than 1 liners on Monday
[10:48] {bruce} ahead on day
[10:48] {Threei} cool beans
[10:48] {bruce} very very nice start to week
[10:48] {Threei} and to month
[10:48] {bruce} yep
[10:48] {bruce} green all of nov
[10:48] {Threei} 3 winning days in a row, you wanted turnaround
[10:48] {bruce} down for oct though
[10:49] {Threei} here it comes
[10:49] {bruce} hope so
[10:49] {bruce} learning from all you guys
[10:49] {Threei} otherwise it wouldn't be turnaround, right?
[10:49] {Threei} critical mass should me reached...
[10:49] {Threei} me = be
[10:49] {Threei} just don't get sloppy
[10:49] {dino} gj bruce
[10:49] {Threei} reread this one:
[10:50] {bruce} too early to tell - but moving in right direction so far for nov
[10:50] {Threei}
[10:51] {Threei} {bruce} re-read? you mean I was supposed to read it earlier?
[10:51] {bruce} I have lots of those vad
[10:51] {bruce} but not like you describe
[10:51] {bruce} I keep stops
[10:51] {bruce} more like most winning days will be maybe one or two trades postive ver losers
[10:51] {Threei} no matter what the particular reason is in each given case, mechanics the same
[10:51] {bruce} then 3 or 4 losses in row
[10:52] {bruce} knocks out 2- 3 days of wins
[10:54] {dino} dwsn stopped, gapped
[10:54] {Threei} market dropped more, but I didn't have the read on it at the moment
[10:54] {Threei} then didn't want to chase
[11:00] {dino} dwsn one more try
[11:02] {dino} tchc
[11:06] {dino} wow tchc
[11:12] {dino} dwsn stop to .96
[11:15] {dino} grrrr slippage, stopped average .81
[11:23] {dino} hl l .90 tchc
[11:39] {dino} out tchc .76, -.14
[11:40] {dino} hl l egle .70
[11:45] {Threei} NVDA looks ready for bounce
[11:45] {Threei} .35 long half lot
[11:45] {Threei} .19 stop
[11:46] {Threei} BRCM long .56 half lot
[11:46] {Threei} stop ridiculously tight, .49
[11:46] {Threei} actually, with such stop, full lot BRCM
[11:52] {bruce} in nvda
[11:52] {Threei} both are trying
[11:53] {Threei} BRCM even reached 1:1 but mostly because stop was nicely tight
[11:53] {Threei} which actually is the point... low risk trade
[11:54] {Threei} tighten NVDA to .24
[11:54] {dino} egle stop to .94
[11:55] {dino} out egle .94, +.245
[11:55] {dino} .24'
[11:59] {Threei} .29 NVDA stop
[11:59] {Threei} don't want to lose money on it
[12:00] {Threei} touched briefly on 1:1, not enouigh force to take my offer
[12:01] {Threei} out NVDA
[12:01] {Threei} +.19
[12:03] {bruce} i/2 out .55
[12:04] {Threei} come on BRCM, don't spoil our stats
[12:05] {bruce} nvda stop to .40
[12:06] {Threei} this NQ spike should be it
[12:06] * Threei puts his elbow in BRCM ribs
[12:07] {bruce} all out .61
[12:07] {Threei} there... no way to achieve anything without violence...
[12:07] {Threei} out .70 BRCM
[12:07] {Threei} good job bruce
[12:07] {Threei} wow
[12:07] {bruce} nice trade vadster
[12:07] {bruce} thanx
[12:07] {Threei} did we catch OBL?
[12:07] {Chaeron} nice guys
[12:08] {Threei} welcome sir
[12:08] {Chaeron} I'm gone for the day - make a boatload of cash for me too... c u all tomorrow
[12:08] {Threei} take care chaeron
[12:08] {Threei} 6 out of 7 today
[12:09] {Threei} BRCM exit a bit premature but heck... I expcted NQ bounce but not THAT strong
[12:09] {bruce} see ou chaeron
[12:11] {dino} mbi hl l .25
[12:11] {Threei} another NQ spike is coming
[12:12] {Threei} if holding above 2205 and breaks 2210, I won't be terribly suprized to see green closing
[12:17] {dino} mbi stopped -.35
[12:21] {Threei} 6 points NQ in a single gasp
[12:21] {Threei} I have no idea what's going on but that's exactly what I want to see
[12:23] {Threei} swiss trainess learn "lean on buy button" lesson today?
[12:23] {dino} wynn hl l .87 wide gappy
[12:30] {Threei} next jump NQ please
[12:30] {dino} out wynn .37, +.50
[12:30] {Threei} nice :)
[12:30] {dino} ty
[12:34] {Threei} good boy
[12:34] {Threei} or is NQ a girl?
[12:35] {Threei} just 3 more points to green
[12:35] {dino} girl
[12:35] {Threei} 2
[12:36] {Threei} 1.5
[12:36] {Threei} little dance around and another push that will take us into green
[12:36] {dino} dwsn hl l .00
[12:37] {Threei} where is tom... missing such NQ plays
[12:42] {Threei} ah come on NQ... just .75 points left, don't quit on us now
[12:49] {dino} dwsn stopped .83, -.17
[12:51] {dino} most likely done, thx for ideas. tough day but overall good
[12:52] {Threei} quite nice day here
[12:52] {Threei} rare thing for monday
[12:53] {Threei} usually mondays are struggle with myself
[12:53] {Threei} I say time to get back to work, self says naaaah
[12:57] {Threei} OK guys, thank you all
[12:57] {Threei} have a good evening, see you tomorrow
[12:58] {bruce} night vad
[13:00] {dptl} have a good evening all
[13:02] {dino} later all
[13:07] {bruce} night dino - dp
[13:07] {bruce} outta here
[13:07] {bruce} see you guys in am
[13:07] {magoo} bye bruce