October 30, 2007

Session Start: Tue Oct 30 00:00:00 2007

Session Time: Tue Oct 30 00:00:00 2007

[05:23] {bruce} gm all
[05:26] {Threei} Good morning
[05:26] {Threei} why oh why didn't I mistakenly push buy buton on SCON yesterday and forget all about it till today
[05:27] {bruce} thats not the question
[05:27] {Threei} no?
[05:27] {bruce} ? is why or oh why didn
[05:27] {bruce} t you advise all of us to do that?
[05:27] {Threei} ah
[05:27] {bruce} lol
[05:27] {Threei} {--- working on new alert: "Mistakenly buy ABCD"
[05:28] {bruce} cool
[05:28] {Threei} that's a good idea actually
[05:28] {Threei} if it works, I am all like "see, I can make money even when mistaken",
[05:28] {Threei} if it doesn't, "Told ya it was a mistake"
[05:29] {Threei} either way I am a hero
[05:29] {bruce} lol
[05:29] {bruce} have to checkw others on their definition of "hero"
[05:31] {Threei} as famous russian poet said, "you are your own supreme court"
[05:32] {Threei} but he also said "do not distinguish between victory and defeat"... I guess he wasn't trader really
[05:33] {bruce} I think thats a prety good guess
[05:34] {Threei} CSUN is a comedy of errors for me at the close and open
[05:35] {Threei} it started breaking 11.50, I totally forgot that we had just a minute left till close,
[05:35] {Threei} so I bought,
[05:35] {Threei} then level 2 all but disappeared on me,
[05:35] {Threei} I realized market was closed
[05:35] {Threei} so not wishing to carry it overnight I stuck around a bit and dumped it at 11.56
[05:36] {Threei} for whole 60 bucks of profit minus commissions
[05:36] {bruce} tough one _ i et some guys that play pre and aftermarket a lot
[05:36] {Threei} then in the morning fired up Laser 10 min after opening
[05:36] {bruce} but i don't like doing it
[05:36] {bruce} ridiculous spread
[05:36] {Threei} and saw that if I did have it I'd have to dump it right when trading started
[05:37] {Threei} went down ever since
[05:37] {bruce} 6\nothing wrong w 60. vad
[05:37] {Threei} well... better than poke in the eye
[05:38] {bruce} lol
[05:38] {bruce} better thqan 200. loss
[05:38] {Threei} but poet said?....
[05:39] {magoo} morning RT
[05:39] {Threei} magoo :)
[05:40] {bruce} "it's not whether you win or lose but how you play the game?"
[05:40] {bruce} thats crap for traders
[05:40] {bruce} morning mags
[05:40] {Threei} well... applied to any given trade it's true actually
[05:41] {bruce} k- you got me there
[05:41] {Threei} remember definition opf good trade vs bad one?
[05:41] {bruce} yes - good ones make money
[05:42] {Threei} it's just that in trading, if you play it right, while each given trade's putcome is pretty much random, overall you will make money
[05:42] {Threei} nope... wrong definition
[05:42] {bruce} lol - I knew that was coming
[05:42] {bruce} yadda yadda yadda
[05:43] {magoo} OY
[05:43] {bruce} its about following your stratgy - complete w stops
[05:43] {magoo} too early
[05:43] {bruce} heck - I've been doing that -
[05:50] {magoo} so then bruce, u been winning overall?
[05:50] {bruce} no mags
[05:50] {bruce} down on month
[05:51] {dptl} good morning all
[05:51] {Threei} dp
[05:51] {bruce} seem to have a knack for entering trades that either don't work - or don't play oout on second half
[05:51] {bruce} even losing an vqads calls
[05:51] {bruce} seem to miss the good wins and get into the others
[05:52] {bruce} hi dp - morning
[05:52] {Threei} so, are you going over your process of selection to nail the reason?
[05:52] {Threei} and to correct it?
[05:52] {bruce} I tend to favor the lower risk trades vad
[05:53] {bruce} not sure what I can correct
[05:53] {bruce} take more higher risk trades?
[05:53] {Threei} well, it's not like all lower risk trades were losers
[05:53] {cosmo} i like road kill...
[05:53] {Threei} higher risk ones just solid chunk
[05:54] {Threei} so, two things
[05:54] {bruce} not at all - but If I took it chances are it didn't plauy out
[05:54] {Threei} first, on lower risk ones gotta see if you play them correctly
[05:54] {bruce} I'm posting most trades - entry ande exit
[05:54] {Threei} and second, higher risk ones are still playable if you keep your shares small, no?
[05:54] {bruce} so you can see what I'm doing
[05:54] {bruce} true
[05:55] {magoo} i founnd that w/vad too...hemakes 5 call, hits 67.7% or 3 of 5, and i take only the 2 losers
[05:55] {magoo} so i take them all now
[05:55] {bruce} thats whats been happening to me
[05:55] {bruce} didn't track vads numbers
[05:55] {magoo} like yestewrday, vad was discouraged, thought everyone missed his calls
[05:55] {bruce} but he seems to have 1 or 2 real nice wins each day
[05:55] {bruce} and I cocnsisntently miss those ones
[05:56] {magoo} i was busy to post, BUT had taken them all
[05:56] {Threei} think of what you are trying to do in the following terms please
[05:56] {bruce} get in the others and end up flat
[05:56] {Threei} there is a strategy, or approach or style, whatever you want to call it
[05:56] {Threei} as any other strategy, it works with certain %
[05:56] {Threei} right?
[05:56] {bruce} understood vad
[05:56] {Threei} so,
[05:57] {Threei} when you are trying to sort out that strategy singals
[05:57] {Threei} in order to pick winning ones only
[05:57] {bruce} trading is just about putting odds in your favor
[05:57] {bruce} as dino says - anything can happen
[05:57] {Threei} what are trying to do is in fact an attempt to trade at 100%
[05:57] {magoo} vad, i think u win or as in, are up most everyday right?
[05:57] {Threei} You are effectively ruining the inner structure of the system
[05:58] {Threei} which is based on probabilities
[05:58] {bruce} maybe - but I don't think so
[05:58] {magoo} so bruce, need to take all his calls, so u catch the winning percent
[05:58] {Threei} you are trying to optimize it,
[05:58] {Threei} OK, nothing worng with that
[05:58] {bruce} someimtes I don't see your post till its too late
[05:58] {Threei} but by what parameters?
[05:59] {bruce} but maybe I am subconscoiusly picking the trades less likely to work out?
[05:59] {bruce} don't know
[05:59] {Threei} maybe,
[05:59] {cosmo} perfection = anything better than 65%
[05:59] {Threei} but major thing is
[05:59] {Threei} you are filtering out system's signals
[05:59] {Threei} by some criteria that you haven't tracked
[05:59] {Threei} so, whatever it is
[06:00] {magoo} btw, dino doesn't even believe his odds are better than 50/50
[06:00] {bruce} I have tended to avoid the plays like lulu
[06:00] {Threei} safe to assume that it may not be optimal filtering
[06:00] {Threei} well, LULU is special case
[06:00] {bruce} and you've done well with those in most part
[06:00] {Threei} that one you better avoid :)
[06:00] {Threei} or play 50 shares
[06:00] {magoo} he is just the most awesome disciplined STOP ARTIST since a young russian migrated to canada
[06:00] {Threei} 100 at best
[06:00] {markweb} gm all
[06:01] {Threei} mark :)
[06:01] {markweb} :)
[06:01] {bruce} I realaly need to turn this around
[06:01] {Threei} and that is correct... if you play it right, even 50/50 will work
[06:01] {bruce} I almost never take a trade without your advise vad or someone elses
[06:01] {bruce} so not sure what is wrong
[06:01] {Threei} why don't you get back to MPP's process bruce
[06:02] {Threei} it describes step by stepo how to hone the system
[06:02] {Threei} by analyzing the results
[06:02] {bruce} I'm hitting 50/50 already vad
[06:02] {Threei} you know pure blind following will never work
[06:02] {bruce} last week was good
[06:02] {bruce} 22 wins
[06:02] {bruce} 11 losses
[06:03] {Threei} sounds good to me providing losses were not bigger than wins
[06:03] {bruce} but overall profit was tiny
[06:03] {Threei} there
[06:03] {bruce} some of the wins were tiny
[06:03] {Threei} that's exactly the point where MPP process helps see why
[06:03] {bruce} like that play on monday - forget the stock
[06:03] {bruce} stoipped at 20
[06:03] {bruce} pivoted back
[06:04] {bruce} eneded up w a 3c win in it overall
[06:04] {bruce} pretty sure I played it right
[06:04] {bruce} but one lose knocks out 3 of those kind of small winds
[06:05] {Threei} you pretty much have your answer
[06:05] {bruce} my wins are to small
[06:05] {cosmo} its a phase bruce
[06:05] {Threei} or losses too big - but in any case, their ratio is wrong
[06:05] {bruce} as I said - tend to enther the trades that don't play out for significant wins
[06:06] {Threei} do you track what happens to them after your exit?
[06:06] {Threei} optimization procedure in MPP
[06:06] {bruce} not as recorded record no
[06:07] {Threei} who am I writing all those freakin books for... :)
[06:07] {bruce} but if a stock has been in play then I keep a thumbnail of it to see what it does
[06:07] {bruce} I tack win lose ratio and size or wins vad
[06:08] {Threei} but that's not enough for the purpose of optimization
[06:08] {bruce} but not all details like entry time share size , what stock does after exit
[06:08] {Threei} you can't optimize if you don't compare what you did to what you should have done
[06:08] {Threei} do me a favor
[06:08] {Threei} actually do it yourself :)
[06:08] {Threei} reread that part of MPP
[06:09] {Threei} follow the procedure
[06:09] {dino} gm all
[06:09] {Threei} dino :)
[06:09] {Threei} trust me, in everything I wrote, there is no single page of just filler
[06:10] {bruce} haven't seen that book of yours vad
[06:10] {bruce} morning dino
[06:11] {Threei} hmm?
[06:11] {Threei} master profit plan?
[06:11] {bruce} yes - haven't seen taht one
[06:11] {bruce} read your other book
[06:12] {Threei} I think I need to make it required reading for entering the room...
[06:12] {Threei} http://www.realitytrader.com/masterplan
[06:12] {bruce} I think I did a search for it but couldnt find it listed
[06:12] {Threei} ummm... right on our website...? :)
[06:13] {bruce} don't recall - I read a ton of stuyff
[06:13] {bruce} so probabnly looked to borrow it and wasn't able too
[06:13] {cosmo} ONNN off 22%
[06:14] {bruce} I read at least 3 books a week
[06:14] {Threei} hmmm
[06:14] {bruce} so If I bought them all I'd have thousands
[06:14] {bruce} so I borrow books
[06:14] {bruce} and buy the ones that are outstanding as refernece guides
[06:14] {Threei} my guess would be, you read a lot of stuff that clouds your thinking
[06:14] {bruce} lolo
[06:15] {bruce} clouding thinking
[06:15] {Threei} I am not kidding
[06:15] {bruce} thats me
[06:15] {Threei} there are no that many really great trading books that you could keep gpoing at such rate for any significant time
[06:15] {Threei} and there is a lot of
[06:16] {Threei} fluff for the lack of better polite word
[06:16] {bruce} I do read other stuff as well
[06:16] {dino} indeed
[06:16] {Threei} ask ese who read about 130 of them if I remember correctly
[06:16] {dino} simplify
[06:16] {bruce} there is a lot of nonsense wrtiien
[06:16] {Threei} and ask him what he ended up doing with them
[06:16] {bruce} ro stuff that used to work and doesn't nay more
[06:21] {bruce} ua
[06:21] {dino} ot; just started the millionaire traders book last night, interesting
[06:22] {bruce} did you wirite it dino?
[06:23] {dino} lol
[06:23] {dino} first guy interviewed, his bread and butter,.....intra-day capitulations
[06:24] {bruce} hmm - sounds familiar
[06:27] {cosmo} ONNN 10 soon
[06:32] {magoo} ATHR nuts
[06:33] {dino} good report 50%
[06:33] {Roman} GIGM
[06:35] {Threei} ACTU .15 long
[06:35] {Threei} stop under 8
[06:35] {magoo} in
[06:37] {bruce} in .17
[06:39] {dino} amed
[06:39] {dino} twll
[06:42] {Roman} long TOPT
[06:42] {dino} lcav
[06:43] {Roman} ASTI on radar for breakout
[06:43] {dino} twll s hl .94
[06:46] {magoo} vad, u reading SCON?
[06:47] {Threei} keeping it on radar
[06:47] {magoo} bounce time ATHR
[06:47] {dino} lcav hl l .01, wide, careful
[06:49] {dino} cov twll .70, +.24
[06:49] {Threei} LUNA... up and up, and no decent entry
[06:49] {dino} too soon
[06:50] {bruce} what would stop have been for lcav dino - about .75 or so?
[06:50] {dino} powi
[06:52] {dino} missed
[06:52] {Threei} CTDC 10.40 long trigger if melts down
[06:53] {ramvfin2003} vad, target on ACTU?
[06:53] {Threei} it's making 52 week highs, uncharted territory
[06:54] {Threei} no assigned target, gotta go with reading as it moves
[06:54] {magoo} in CTDC .39
[06:54] {bruce} what do you mean by melts down - you want to see a retracement first vad?
[06:54] {Threei} no, big offer getting scrolled fast
[06:54] {Threei} there
[06:54] {bruce} k
[06:55] {Threei} stop .20
[06:56] {bruce} in ct\dc .38
[06:57] {magoo} now lay out bruce so u fill first
[06:57] {magoo} i at .71
[06:57] {Threei} 1:1, half out, scalpers take profit
[06:57] {esemde} morning.....i'm late to the party
[06:57] {Threei} stop to .29 for the balance
[06:57] {dino} grounded
[06:57] {Threei} hi ese
[06:58] {esemde} dino , Vad bruce magoo
[06:58] {magoo} ES:)
[06:58] {bruce} hi ese
[06:58] {dino} :)\
[06:59] {dino} scanner going green
[07:00] {Threei} *OCT CONSUMER CONFIDENCE: 95.6 V 99.0E
[07:01] {dino} out lcav .38, +.37
[07:02] {magoo} nice dino
[07:02] {dino} ty
[07:02] {magoo} i like ctdc to get near 11
[07:02] {ramvfin2003} nice size bid on actu @ .24
[07:05] {magoo} ACTU what the f.........
[07:05] {Threei} second time it does that
[07:05] {Threei} never mind these games
[07:05] {Threei} stop under 8 still
[07:06] {Threei} huge offers don't take it under the stop, huge bids don't prop it over the resistance - games
[07:06] {Threei} if uncomfortable, just dump it for little profit
[07:07] {bruce} stopped ctcd
[07:07] {Threei} partialled at 1: 1 earlier though?
[07:08] {dino} sepr hl s .50
[07:08] {bruce} no offered out at .65 and didn't get taken
[07:09] {Roman} short QMAR
[07:09] {Threei} bruce... it was above 1:1 twice... don't let a winner turn into loss
[07:09] {bruce} try not too - missed on that one
[07:10] {Threei} you overthink them
[07:10] {Threei} it's there, take it
[07:10] {Threei} can always reenter, never can re-exit
[07:11] {Threei} it's like stumbling onto $100 laying on the street and not taking it in hope you will find $500 in a few steps
[07:11] {bruce} initial stop was .20
[07:11] {Threei} yes
[07:11] {bruce} tried for just a tad better and didn't work
[07:11] {Threei} 20 cents
[07:11] {bruce} realistiacally - with commissions - you need 5 more c to get 1 to 1
[07:11] {Threei} commissions is not something market considers
[07:12] {Threei} stock moves by its own rules
[07:12] {bruce} no
[07:12] {Threei} not by your financial circumstances
[07:12] {bruce} anyway - thought it would make it and follwing adtu at same time
[07:12] {Threei} and its rules are, more often than not they reverse or pullback around 1:1 level
[07:13] {Threei} your fast sell feature is exactly for that:
[07:13] {Threei} offer it where you want but be ready to hit the bid if it doesn't take
[07:14] {bruce} considered it but big spread
[07:14] {bruce} fast sell would take 10 c off exit on that trade
[07:14] {Threei} so try to undcercut offer while buying pressure is there
[07:14] {bruce} needed to exit on offer
[07:15] {Threei} but on stocks with jumping spread where you need offer price for exit, you need to exit when you can, not when you have top
[07:15] {bruce} my offer was there - just need ed the one quick spike and didn't get
[07:15] {Threei} which means offering into buying
[07:15] {bruce} ynderstood vad
[07:17] {dino} sepr bstop to .61, not moving
[07:17] {Threei} for those who doesn't use Laser, this strategy can be dangerous
[07:17] {ramvfin2003} SCON
[07:17] {Threei} since you need to cancel, then re-enter, otherwise you risk to get two exits and find yourself in involutary short position
[07:18] {Threei} with Laser, make sure you have Fast Sell activated
[07:18] {Threei} then cancel and reenter will be done automatically and instantly
[07:18] {magoo} nice alert ram
[07:19] {dino} cov sepr .26, +.24
[07:20] {markweb} thanks dino:)
[07:20] {Roman} cover QMAR -.04
[07:21] {dino} gj mark
[07:21] {markweb} ty
[07:21] {dino} waiting on twll again, at .98
[07:21] {esemde} scon...just a movin and a groovin last couple of weeks
[07:22] {dino} i can't short scon, so off my screen
[07:22] {dino} don't like it when can only play one direction
[07:25] {dino} lcav hl l .55
[07:25] {Roman} GIGA
[07:25] {Roman} in small 3.00 early
[07:25] {magoo} out now SCON .64 TY RAM
[07:26] {ramvfin2003} yw, didnt do anything though, just saw it breaking out
[07:26] {dino} twll, s hl .98
[07:27] {bruce} long consolidation for actu vad
[07:27] {bruce} is it worth holding?
[07:27] {dino} lcav jumpy carefu'
[07:27] {Threei} don't know what to say bruce
[07:28] {Threei} it will break or it will not
[07:28] {Threei} worth holding or not - from what point of view? :)
[07:28] {Threei} to me, it is
[07:28] {dino} faro
[07:28] {Threei} I am not putting any thinking into this kind of decisions
[07:28] {ramvfin2003} wakin up a bit for u bruce
[07:28] {Threei} stop is not hit
[07:28] {dino} bruce, keep your stop and let it trade, imo]
[07:29] {bruce} k- have found long consolidations often a danger sign of lack or strength
[07:29] {Threei} movements between stop and target is just noize
[07:29] {bruce} looks like it is going to go after all now though
[07:29] {Threei} you are 2 cents away from 1:1
[07:29] {Threei} if you are uncomfortable with it, offer it out
[07:31] {Threei} 1:1 ACTU
[07:31] {Threei} half out me
[07:31] {Threei} scalpers, take full prfoit
[07:31] {Threei} or how do you spell it
[07:31] {dino} \stopped lcav -.55
[07:32] {bruce} out actu
[07:32] {bruce} back to flat
[07:32] {Threei} stop to 8.14
[07:32] {dino} rinsed
[07:33] {ramvfin2003} out .35 actu ty vad
[07:33] {Threei} welcome
[07:35] {magoo} out here .32 ACTU TY vad
[07:35] {Threei} :)
[07:35] {ramvfin2003} SEPR?
[07:35] {dino} watching it
[07:40] {Threei} ININ, 25 long, half lot
[07:40] {Threei} stop under .80
[07:40] {Threei} even less than half lotr
[07:40] {Threei} thin
[07:40] {Threei} make sure big offers metl down before entry
[07:41] {magoo} long inin .94
[07:42] {magoo} KIDDING
[07:42] {Threei} as a punishment - you will be designated buyer of entire ETRD offer
[07:43] {dino} thin, l dwsn hl .43
[07:43] {magoo} in .99
[07:43] {bruce} missed entry
[07:44] {dino} esrx
[07:46] {dino} twll not moving, tighten bstop to .12
[07:46] {bruce} in at 25
[07:47] {markweb} seed?
[07:48] {Threei} don't see news
[07:48] {markweb} ty
[07:49] {Threei} ININ over 1:1ONSM
[07:49] {Threei} oops
[07:49] {Threei} ONSM
[07:49] {Threei} REAFFIRMS FY07 R$12.1M, SEES AT LEAST 40% Y/Y R$ GROWTH FOR FY08
[07:50] {Threei} ININ over 1:1
[07:50] {magoo} out here .24 TY vad
[07:50] {Threei} welcome
[07:50] {bruce} out inin .24
[07:50] {Threei} there... discipline brings profit
[07:50] {magoo} nice exit bruce
[07:50] {Threei} wait for pullback instead of chasing entry
[07:50] {bruce} thanks mags
[07:50] {Threei} offer out thin stock into buying
[07:57] * magoo slaps LaserDave1 around a bit with a large trout
[07:58] {magoo} uh vad, excuse me, a lil' help
[07:58] {Threei} I am in
[07:58] {dino} faro hl l .18
[07:58] * Threei slaps LaserDave1 around a bit with a large trout
[08:00] {magoo} all is right in world now
[08:00] {LaserDave1} im invited to another trout bbq?
[08:01] {Threei} invited? rather dragged in
[08:01] {LaserDave1} and put on the grill?
[08:02] {Threei} wrapped in foil
[08:02] {LaserDave1} nice
[08:02] {LaserDave1} the slow roast for a few hours?
[08:02] {Threei} yes, and we hope you brought sause to bust yourself
[08:02] {Threei} sauce
[08:02] {LaserDave1} i sure did
[08:03] {LaserDave1} sounds delicious
[08:03] {Threei} 3 for 3 so far, market going jerky again
[08:03] {Roman} ZIXI
[08:04] {Roman} long 1/2 size
[08:04] {Roman} 4.05
[08:10] {dino} dwsn stopped .31, -.12
[08:12] {dino} sepr s hl .86
[08:15] {markweb} dino u in FARO?
[08:16] {bruce} stop 26.15 dino?
[08:17] {dino} y
[08:17] {dino} not hard stop, too random, but we are at 37.93
[08:18] {dino} oh, sepr stop is at .12
[08:18] {bruce} s sepr at .96
[08:19] {dino} faro, break of .80, stopping
[08:19] {dino} good entry imo
[08:20] {bruce} thanks
[08:21] {dino} twll bstop to .75
[08:24] {dino} dwsn, rinse-r-oni
[08:25] {dino} amed going for hod
[08:26] {dino} twll to .71
[08:26] {dino} sepr drop
[08:27] {dino} bruce don't lose your profit, you had better entry
[08:28] {dino} get greedy on profits, book 'em, anything can happen
[08:28] {Threei} CTEL?
[08:28] {ramvfin2003} ASTI?
[08:28] {bruce} sepr stop to .85
[08:29] {Threei} what do you see on ASTI?
[08:29] {dino} too wide imo
[08:29] {dino} giving away too much profit
[08:29] {bruce} out sepr + .33
[08:29] {Threei} that's the way to do it bruce
[08:30] {dino} cov .56, +.30
[08:30] {bruce} you think I was too wide with .85 stop dino?
[08:30] {dino} nice bruce. don't give awy profits
[08:30] {dino} yes
[08:30] {bruce} were would you have set ?
[08:30] {bruce} need to give it some room to play out
[08:31] {dino} markets are random, forget what books/teachers say. they are inefficient on daily basis
[08:31] {bruce} I adjusted to small profit after the breakdown
[08:31] {dino} you had .36, so lock in at least .24
[08:31] {dino} imo of course
[08:32] {dino} see, its up now
[08:32] {bruce} nope - had .26
[08:32] {bruce} got in at .96 and hesitated at .70
[08:33] {dino} twll to .67
[08:33] {bruce} gave in 15 c to play out
[08:34] {dino} ok, ok, do you see what i'm talking about tho. i hate, absolutely hate, to give back once i'm imo
[08:34] {bruce} understood
[08:35] {dino} itm i mean
[08:35] {dino} faro stopped, slippage, sheesh, -.48
[08:35] {dino} at .70
[08:35] {dino} look at twll, my stop is .67
[08:36] {dino} faro, sucks, back to .99, off my screen
[08:37] {dino} cov twll .67, +.31
[08:38] {dino} frickin' flat. taking a bit of break
[08:49] {bruce} any read abk vad?
[08:50] {Threei} .70 breakdown short
[08:51] {bruce} k
[08:51] {Threei} .85 stop
[08:52] {bruce} k - was thinking about that
[08:52] {Threei} GREENSPAN: DOLLAR DECLINE ACCELERATING, TRADE GAP IMPLYING FURTHER DOLLAR EROSION
[08:53] {bruce} invalide play
[08:53] {Threei} yeah
[08:56] {Threei} QRCP?
[09:02] {Threei} someone accumulates all they sell at .42
[09:03] {Threei} ACTU 1:2
[09:05] {bruce} congrats on actu vad
[09:06] {Threei} ready to dump second half on a spike or .45 breakdown
[09:09] {Threei} out
[09:17] {markweb} missed SOHU
[09:18] {Threei} ARGN for you spike hunters
[09:20] {Threei} something is brewing on QRCP
[09:22] {Threei} GLGC found the way to solve all problems
[09:22] {Threei} SELECTS NEW COMPANY NAME: ORE PHARMACEUTICALS INC.
[09:22] {Threei} Biosolutions Ltd. Ownership of the name Gene Logic will transfer to Ocimum on the date of closing.
[09:26] {dino} amed hl s .60, stop .05
[09:36] {ramvfin2003} IT?
[09:36] {Threei} GIGM vertical
[09:37] {Threei} IT probably close to bounce level
[09:38] {bruce} amed s .95
[09:38] {Threei} hard to spot entry price, stop would be under .60
[09:42] {Threei} CNIC
[09:42] {Threei} has this habit of sudden spikes
[09:43] {Threei} 3.35 long with .19 stop... pure momo play
[09:47] {dino} amed stopped -.49
[09:47] {bruce} amed stopped
[09:49] {dino} pmti
[09:53] {Threei} wow... ACTU is not going to stop
[09:53] {bruce} nvda l vad?
[09:53] {Threei} ever
[09:53] {Threei} hmmm
[09:53] {bruce} it will if I buy it vad
[09:53] {Threei} lol
[09:54] {Threei} not sure on NVDA
[09:54] {bruce} k
[09:55] {Threei} so how about you buy ACTU, we short it, we will share profit as a token of appreciation of your self-sacrifice
[09:56] {bruce} lol
[09:56] {bruce} realistically?
[09:56] {bruce} not a bad idea
[09:58] {Threei} WATG?
[10:01] {dino} l hl it .98
[10:07] {dino} hl s pmti .02
[10:09] {bruce} .43 stop pmti dino?
[10:10] {dino} y
[10:13] {dino} it stop to .23
[10:15] {dino} stopped +.25
[10:16] {dino} thx ram, for alert
[10:19] {dino} rimm hl l .80
[10:28] {Threei} AKAM lost its mind
[10:28] {dino} out rimm .04, +.24
[10:30] {bruce} congrats dino -
[10:30] {bruce} what would stop have been in rimm - .50 or so?
[10:31] {bruce} would think you need pretty wide stop for rimm
[10:31] {dino} .39
[10:31] {bruce} k
[10:31] {dino} cut it early 'cause didn't like action
[10:31] {bruce} k - could see possible .10 resistance
[10:32] {dino} take pmti bstop to b/e
[10:32] {dino} chtt
[10:32] {dino} me too, got rejected strongly there
[10:32] {bruce} any read ua vad?
[10:33] {bruce} didn't qtaek rimm - I routinely get rinsed in it
[10:36] {dino} toughy
[10:36] {Threei} UA, I would prefer pullback
[10:36] {bruce} just thinking saqme - pullbacks have been pretty large
[10:42] {dino} stopped flat pmti
[10:42] {ramvfin2003} vad, read on SCON?
[10:44] {Threei} none... can do whatever here
[10:50] {dino} pmti stop was too tight
[10:50] {bruce} taking break for 30
[10:50] {Threei} WATG is probably going to tag 9
[10:50] {bruce} all your trades should start working nicley now guys
[10:52] {Threei} 8.40 is support for ACTU to watch, bounce hunters
[10:52] {markweb} u in WATG, Vad?
[10:52] {dino} lol
[10:52] {Threei} yes but from .82
[10:53] {markweb} ty
[10:53] {Threei} so my risk is not really existent here
[11:01] {dino} cphd partial fill s .54
[11:02] {dino} remainder at .50
[11:03] {dino} twll hl s .97
[11:05] {Threei} ACTU scalpable bounce right on cue
[11:08] {ramvfin2003} FLML?
[11:08] {Threei} long with stop under 12
[11:08] {Threei} .23 trigger
[11:08] {ramvfin2003} ty
[11:09] {Threei} if pulls back into 12, try to get in aggressively
[11:09] {dino} cphd stopped, .92 -.40
[11:11] {Threei} 9 WATG
[11:11] {ramvfin2003} l FLML .04
[11:12] {dino} bruce, still have pmti short?
[11:18] {Threei} FLML not holding support
[11:18] {dino} drys l .85 hl
[11:23] {dino} drooy
[11:24] {Threei} I don't remember DROOY ever being that perky
[11:24] {dino} s hl .80
[11:24] {Threei} no news that I see
[11:28] {magoo} who reports tonite vad?
[11:29] {Threei} nobody of significance
[11:30] {dino} twll cov .80, +.17
[11:35] {bruce} I didnt take pmti dino
[11:36] {markweb} i did from .17. thanks dino
[11:37] {bruce} nice entry mark
[11:37] {markweb} +.15 on PMTI
[11:37] {markweb} ty
[11:37] {dino} gj
[11:37] {markweb} missed DROOY:(
[11:38] {dino} i missed my cover
[11:38] {ramvfin2003} that FLML fee right apart
[11:40] {Threei} GOAM?
[11:41] {Threei} your baby Roman... what's up
[11:41] {Roman} the boyz are moving
[11:41] {dino} oh, ohhh, forgot order, sepr hl s .86
[11:42] {dino} cov drooy .20, +.60
[11:42] {markweb} nice
[11:42] {Threei} ACTU, anyone tried it off .40?
[11:43] {dino} very lucky
[11:43] {dino} but ty
[11:43] {magoo} i wish u called it with more cionviction
[11:43] {magoo} i would have then
[11:43] {markweb} dino, your baby DRYS out of contol
[11:44] {dino} y, stopped once on it
[11:45] {markweb} no Vad:(
[11:48] {Threei} ORCC?
[11:49] {dino} sepr bstop to .96
[11:50] {Threei} DIVX
[11:50] {Threei} AMENDING AGREEMENT WITH GOOG FOR MAXIMUM ALLOWABLE PAYMENTS
[11:51] {magoo} l .24
[11:51] {magoo} divx
[11:51] {dino} why down?
[11:52] {dino} tbsdi pain
[11:52] {Threei} something's fishy
[11:52] {Threei} evil in details
[11:52] {Threei} careful magoo
[11:52] {Threei} - Note pact amendment provides for termination on Nov 30
[11:52] {Threei} there
[11:53] {dino} terminates 11/30/07
[11:53] {dino} most likely giving divx gthe boot
[11:53] {magoo} out }27
[11:53] {magoo} skeered
[11:53] {bruce} drys neqar 120 dino?
[11:54] {Threei} +3 cents... don't spend it all at once, inflation is rampant even without you
[11:54] {Threei} looking to short a little DIVX
[11:55] {Threei} in 12
[11:55] {Threei} stop 12.30
[11:56] {Threei} come on traders, read carefully and dump it
[11:56] {Threei} half out .70
[11:56] {magoo} that was NICE
[11:57] {Threei} stop 12.10
[11:57] {magoo} ty for getting me out long
[11:57] {Threei} always
[11:58] {dino} nice one vad
[11:58] {Threei} ty
[11:58] {bruce} sure looked overextended already when you shorted vad
[11:58] {bruce} congratgs
[11:58] {markweb} nice vad
[11:59] {Threei} need new crop of readers
[11:59] {Threei} lol
[12:00] {bruce} scary trade - too quick for my taste
[12:01] {ramvfin2003} NM crushed past 15 min
[12:02] {dino} back in 10
[12:02] {Threei} stop to 12.01
[12:04] {magoo} look DROOY
[12:04] {Threei} sheesh
[12:06] {magoo} drys bounce somewhere vad?
[12:07] {bruce} drys STILL dropping
[12:07] {Threei} gosh
[12:07] {Threei} no idea :)
[12:07] {Threei} out DIVX
[12:07] {Roman} FSLR bouncer
[12:07] {Roman} 1 more drop
[12:09] {Roman} long small
[12:09] {Roman} 150.30
[12:09] {magoo} news DRYS??what the f.........
[12:10] {Threei} don't see anything
[12:10] {Roman} stopped FSLR
[12:11] {bruce} wow drys - looks like fslr won't bounce yet either
[12:14] {Threei} the way DROOY behaves I won't be suprized to see it over 10 again
[12:14] {magoo} i never saw a pop..drop..and re-pop like drooy
[12:15] {Roman} too early on FSLR
[12:15] {Roman} i mean stop too tight
[12:15] {dino} sepr bstop to .62
[12:16] {Threei} if .54 broken, worth a try DROOY
[12:16] {Threei} small
[12:16] {dino} stopped +.24
[12:22] {magoo} DRYS VAD, u gotta be reading it}??
[12:22] {dino} tbsi death
[12:22] {Threei} nope
[12:23] * magoo slaps Threei around a bit with a large trout
[12:23] {Threei} whatever... you won't get me into this monster
[12:23] * magoo slaps Threei around a bit with a large trout
[12:23] {Threei} no
[12:23] {bruce} it's in freefall - going to 110
[12:23] * magoo slaps Threei around a bit with a large trout
[12:23] * magoo slaps Threei around a bit with a large trout
[12:23] * magoo slaps Threei around a bit with a large trout
[12:24] {dino} egle drop
[12:24] {dptl} :)
[12:24] {Threei} ok ok... bid it at 50
[12:24] {bruce} lol mags
[12:24] {bruce} impatient for that reversal call are we?
[12:24] {dino} all the dry shippers, ocnf too
[12:24] {magoo} in
[12:24] {dino} hl l drys 114.00
[12:24] {magoo} out .80 he he
[12:29] {Threei} DRY BULK SHIPPERS RELATIVELY WEAK THIS AFTERNOON- most likely a technical pullback as many of these stocks have been trading at 52 week highs well above major moving averages. The spark for today's sell may have been comment about excessively high intl. shipping costs made by US Steel on its conference call, or a slip in the Baltic dry bulk freight index, which has doubled in the last four months, providing the lift for the freight stocks.{
[12:30] {bruce} relatively weak?
[12:30] {Threei} lol
[12:30] {Threei} no kidding
[12:31] {Threei} for them to call it very weak it would take what, 89% dump?
[12:31] {bruce} yes
[12:33] {cosmo} onnn
[12:33] {cosmo} 10.54 hod
[12:33] {cosmo} 10.55
[12:33] {bruce} did you get out drys dino?
[12:35] {bruce} mnst too cosmo - late in day for break though
[12:35] {dino} nope
[12:37] {Threei} let's do it DROOY
[12:37] {cosmo} bruce..onnn was roadkill with the will to live... which i like
[12:38] {cosmo} mnst?
[12:38] {bruce} lol
[12:38] {magoo} i hooked bidu sh 100 shares 385
[12:42] {dino} disconnected, back
[12:42] {Threei} both of you
[12:42] {dino} y
[12:43] {Threei} I have "Elvis left the building" alert on you and magoo
[12:45] {magoo} holy shit
[12:45] {magoo} crashed holding bidu
[12:45] {Threei} HEARING DRY BULK SHIPPERS DEFENDED AT JEFFERIES{EGLE DSX EXM GNK QMAR OCNF FREE DRYS}
[12:45] {magoo} out
[12:45] {Threei} Jefferies: stop selling, we haven't dumped uet
[12:46] {Threei} market: that's your defense?
[12:46] {Threei} Jefferies: sorry... that's all I got
[12:46] {bruce} wow - great play mags
[12:47] {magoo} covered 371.23 in a panic
[12:47] {magoo} + 14points
[12:47] {bruce} yes - amazing
[12:47] {magoo} i almost died when oiur system crashed
[12:48] {bruce} and cought it within 50c of top
[12:48] * Threei slaps magoo around a bit with a large trout
[12:48] {bruce} guess whos buying the beer?
[12:48] {Threei} Ifigured after such win you are in a good mood and I can slap you safely
[12:48] {magoo} i was screeming at tech guy in office to reboot dsl box in back room
[12:48] {Threei} screaming?
[12:48] {Threei} I would kick him
[12:48] {magoo} yeah, and tech guy is ....drumrol....
[12:48] {magoo} DINO
[12:49] {Threei} rofl
[12:49] {bruce} lol
[12:49] {dino} that lazy guy won't move
[12:49] {bruce} no offense -
[12:50] {bruce} \but yopu guys have major problems
[12:50] {Threei} yes bruce and they enjoy them
[12:50] {dino} nah
[12:50] {bruce} lol
[12:50] {magoo} {dino screams} hey, magoo just walked in and kicked me
[12:50] {bruce} be nice vad -
[12:51] {bruce} a nice trader gets the vodka
[12:51] {Threei} me? nice?
[12:51] {Threei} total oxymoron
[12:51] {magoo} u all look lovely today :)
[12:51] {bruce} lol
[12:51] {magoo} that was nice
[12:51] {Threei} magoo nice
[12:51] {Threei} that's disturbing
[12:52] {Threei} nice magoo is an image for halloween
[12:53] {bruce} thats scary vad
[12:53] {Threei} normal magoo is the one you can scare the living daylight out of children with... that's who I am comfortable with
[12:53] {Threei} sheesh DRYS
[12:53] {bruce} just about time for our 50 bid in drys
[12:53] {Threei} poor jefferies
[12:54] {bruce} good thing its only weak - like your relatives
[12:54] {bruce} I'll be crying all night for poor jefferies
[12:54] {Threei} ah that'll be nice
[12:55] {bruce} not like the b@sta#ds never stuck it to me on a trade or anything
[12:55] {Threei} DROOY finishes strongly
[12:56] {Threei} not that I am eager to find out why
[12:56] {Threei} but with lousy 200 shares I can sleep
[12:57] {bruce} you're long vad?
[12:57] {Threei} yeah
[12:57] {bruce} k
[12:57] {bruce} poor you then
[12:58] {Threei} why is that
[12:58] {magoo} man, drys
[12:58] {bruce} lol - looks like an OK trade to me
[12:59] {bruce} next stop 100. drys
[13:00] {Threei} thank you all
[13:00] {Threei} have a good evening, see you tomorrow for what promises to be a very interesting day
[13:01] {bruce} congrats again magoo - looks like a strong day for you
[13:01] {Threei} oh btw
[13:01] {Threei} if you want a little laugh
[13:01] {Threei} three l;ast pieces of news on DROOY
[13:02] {Threei} 05/23/07 07:41am [DROOY] HSBC Cuts DROOY from Neutral to Underweight.
[13:02] {Threei} 07/02/07 02:28am [DROOY] HSBC Raised DROOY from Underweight. to Neutral
[13:02] {Threei} 10/09/07 01:28am [DROOY] HSBC Cuts DROOY to Underweight. from Neutral
[13:02] {Threei} kind of two month exercise...
[13:03] {bruce} good point vad
[13:03] {bruce} in -house analyst is probably going on vacation
[13:04] {bruce} so they posted all his adivise today for next 2 months
[13:04] {dino} gn all
[13:04] {bruce} see you guys in am
[13:05] {magoo} ty bruce..ty vad
Session Close: Wed Oct 31 00:00:00 2007

October 29, 2007

Session Start: Mon Oct 29 00:00:00 2007

Session Time: Mon Oct 29 00:00:00 2007

[05:17] {bruce} morning all
[05:30] {Threei} Good morning guys
[05:32] {Threei} BEAS BOARD RESPONDS TO ICHAN LETTER, NOT OPPOSED TO AN ACQUISITION
[05:32] {Threei} - Board reiterates its $21 per share price
[05:32] {Threei} neverending saga
[05:40] {magoo} morning RT'
[05:41] {Threei} magoo :)
[05:41] {tomg} morn magoo, bruce, vad, everyone
[05:41] {Threei} tom :)
[05:42] {magoo} bidu gapping 7 +...news ??
[05:42] {Threei} not that I see
[05:42] {Threei} just beeing itself I suppose
[05:45] {Threei} CNTF some interest
[05:46] {Threei} nothing to jjump on, just to watch in case it picks up the momo
[05:49] {magoo} brb
[05:49] {bruce} hi tom
[05:56] {dptl} good morning all
[05:56] {Threei} dp :)
[05:56] {Threei} CNTF ANNOUNCES THE LAUNCH OF GALLIC, WINDOWS-BASED GSM/CDMA DUAL MODE DUAL STANDBY POCKET PC PHONE
[05:58] {bruce} hello dp
[05:59] {markweb} gm all
[06:00] {Threei} mark :)
[06:00] {markweb} :)
[06:00] {Threei} anyone cares about hungarian rate change or I can skip it?
[06:01] {cosmo} watch for any unusual weight changes
[06:01] {bruce} hi mark
[06:01] {markweb} hi
[06:05] {magoo} bac'
[06:06] {magoo} SCHN news? down 7
[06:07] {Threei} 07:30am [SCHN] Reports Q4 $1.28 v 1.35e, R $749M v 668.3M
[06:07] {Threei} market is submerged in attempts to decide whether feds cyt rates or not and what to do about it in advance, price it in or prepare for it
[06:08] {Threei} I don't think we have ever seen such prolonged period of uncertainty coupled with such volatility
[06:12] {cosmo} NGA?
[06:14] {magoo} vad, keep eye on LULU
[06:14] {Threei} 08:17am [NGA] Reports Q3 $0.20; R $21.5 v $20.2M y/y
[06:14] {cosmo} :)
[06:15] {Threei} something particular about it magoo? or just an "usual suspect"?
[06:16] {esemde} Good morning.....
[06:16] {magoo} well, its off its recent high, been quiet last few, just seems to me might get some renewd push
[06:17] {Threei} ese :)
[06:17] {dino} gm all
[06:17] {esemde} what new and exciting
[06:17] {esemde} dino
[06:17] {markweb} ese, dino:)
[06:18] {esemde} mark
[06:18] {bruce} hello ese
[06:18] {esemde} hey bruce
[06:18] {Threei} dino :)
[06:19] {Threei} tried new hiking trail yesterday ese
[06:19] {Threei} Cowichan river
[06:19] {bruce} howdy dino
[06:19] {dino} hey guys
[06:19] {esemde} whoa.....thats nice up there
[06:19] {Threei} I want to meet whoever called it "easy rated trail". He is either incredibly fit or incredibly stupid.
[06:19] {bruce} you canwalk on water vad?
[06:19] {Threei} just don't tell anyone
[06:19] {bruce} k
[06:19] {cosmo} its easy for a bigfoot, 3i
[06:20] {esemde} nice but difficult in my opinion...
[06:20] {bruce} I've done some canoe trips like that
[06:20] {bruce} easy -
[06:20] {bruce} then you discover theres 6 portages a day
[06:21] {bruce} guys that rated the trips must havebrought a mule along
[06:21] {Threei} lol
[06:21] {Threei} one who rated this train must have gone over it by chopper
[06:22] {Threei} trail
[06:23] {esemde} good on ya though Vad....gotta keep in shape these days
[06:23] {bruce} did your wife go with you?
[06:23] {Threei} yes
[06:23] {bruce} k
[06:24] {bruce} and she still talking to you after you took her on that mountain goat trail?
[06:24] {cosmo} WATG pre mkt high = 8.10 fwiw
[06:24] {Threei} somewhere midway she suggested I plotted it as an attmept to throw her from steep shore
[06:24] {Threei} and I was too exhausted to object
[06:24] {bruce} lol
[06:25] {bruce} sounds like my wife
[06:25] {esemde} try East Sooke park next time Vad...entrance farthest wes( or 3rd entrance) very pleasant hike down to the strait
[06:25] {esemde} thats West
[06:26] {Threei} hmmm... Sooke park doesn't associate with easy trails for me :)
[06:26] {esemde} my wife and I will go with you.....take a picnic....
[06:26] {Threei} deal
[06:27] {Threei} CAST
[06:27] {Threei} new chinese arrival to NASDAQ
[06:27] {Threei} used to be BB
[06:27] {Threei} CEUC old symbol
[06:29] {magoo} cast should be marginable correct?
[06:29] {Threei} no idea
[06:30] {Roman} observing PLUG
[06:33] {Threei} JSDA
[06:33] {Threei} SEC TERMINATES INFORMAL INVESTIGATION
[06:35] {Roman} ESLR
[06:35] {Roman} long setup
[06:38] {Roman} IVAN
[06:38] {Roman} PAAS & SSRI strong
[06:38] {Roman} long wathc
[06:38] {dino} ssrx
[06:39] {Threei} LNUX, 2.66 long if stays above 2.60
[06:39] {Roman} VDSI
[06:39] {Roman} longsmall, bounce play, really small
[06:39] {Threei} not sure what's with LNUX, went to 2.95 premarket
[06:40] {Threei} for 7 cents stop we can find out
[06:40] {Roman} in VDSI 25.35 area
[06:41] {magoo} me too rfr
[06:41] {esemde} bstop CNTF 7.23 on pullback...don't try this at home
[06:42] {Threei} stop under 7.10?
[06:42] {Threei} or 7
[06:42] {Roman} NINE
[06:42] {Roman} wants to play
[06:43] {esemde} yes.....7.05 ...but will move it to 7.10
[06:44] {Roman} ALTI high
[06:45] {Threei} LULU... pullback to 52 is a level to watch for entry mags
[06:45] {magoo} roman..u thinking 26 ?
[06:45] {Roman} yes
[06:45] {Threei} LNUX not interesting, disregard
[06:46] {Roman} ALTI playing
[06:50] {Roman} CRDC radar, could be beging of bounce
[06:50] {Roman} PLUG long slow
[06:51] {Threei} nice spot ALTI
[06:52] {Roman} MALL
[06:52] {Roman} on radar
[06:52] {Threei} 2222 NQ is long setup
[06:53] {Threei} break of it to be more precise
[06:53] {Threei} SDTH
[06:54] {Threei} small shares 8.60 break long if stays above .40
[06:55] {Roman} USEG new player emerging
[06:55] {Threei} USEG something to do with uranium, right?
[06:56] {Roman} yes
[06:57] {Roman} selective alternative energy plays are starting to get interest
[06:57] {Threei} CPHD 24.10 break long if stays above 23.90, half lot
[06:57] {dino} rimm hl l .41
[06:58] {Threei} LULU
[06:58] {Roman} CBAK high,
[06:58] {Threei} breaking out
[06:58] {Threei} small shares long
[06:58] {Threei} no pullback really to enter
[06:58] {Threei} stop under .50
[06:59] {Threei} maybe too tight for this one but I'd prefer several attempts ro find antry rather than risk too big stop
[06:59] {magoo} i hit .59
[06:59] {Threei} good entry, with this price I'd keep stop at .35
[07:00] {Roman} PACT spoike
[07:01] {Roman} cutting VDSI
[07:01] {Threei} PACT SUBSIDIARY GETS ORDER FOR 500 SLOT MACHINES
[07:01] {dino} pdgi l .45 hl
[07:02] {dino} stopped rimm -.41
[07:02] {Threei} NQ continues hectic and patternless ups and downs
[07:03] {esemde} ya was just about to say.......definately not helping thats for sure....
[07:04] {dino} yrcw break of .00, imo short
[07:05] {dino} ok
[07:05] {dino} stop tight .21
[07:05] {Threei} LULU attempt #2 is first strength from here
[07:06] {Threei} in
[07:06] {Threei} stop under 51.50
[07:07] {Roman} ASIA
[07:07] {Roman} long
[07:07] {Threei} offering 52.20
[07:07] {Roman} in 12.82 area
[07:08] {dino} yrcw not working, tighten bstop to .13
[07:08] {dino} pdgi lay out if in ,jumpy
[07:10] {Roman} LUNA radar
[07:11] {Threei} ASIA feels destined for over 13
[07:11] {Threei} with any momo help
[07:12] {Threei} CBAK?
[07:12] {ramvfin2003} CDS china play
[07:13] {Threei} 6.41 worth try long if hoding above .30
[07:13] {Threei} if loses it, rather pullback entry
[07:14] {Threei} 6.20 closest support
[07:14] {Threei} no real enthusiasm LULU
[07:15] {Threei} dumping it for a smallish scalp
[07:15] {magoo} SDTH in play?
[07:15] {Threei} if eats through these offers at .60 - .62
[07:19] {esemde} oh..ohhhh.......
[07:19] {Threei} CBAK at support level
[07:20] {Threei} first strength from here if holding .20
[07:21] {dino} yrcw tighten to .02
[07:21] {dino} pdgi stop to .83
[07:23] {dino} cov yrcw .91, +.09, too tight
[07:24] {dino} pdgi to .97
[07:24] {Roman} dino, u seeing any problems with order flow on Cyber?
[07:25] {dino} not here, but last week i did
[07:28] {dino} pdgi to .00
[07:28] {Roman} PANC radar
[07:28] {dino} yrcw ugh
[07:29] {Roman} getting in PANC small
[07:29] {Threei} that FOMC meeting can't come soon enough
[07:30] {Threei} market is going to stay like this until after it
[07:32] {Roman} AVNX kinda interesting, near $2 premarket
[07:33] {dino} nnds hl s .97
[07:34] {Threei} can't get rid of feeling CAST is not done
[07:34] {magoo} i know
[07:34] {magoo} like over 9
[07:37] {ramvfin2003} ENER?
[07:38] {Threei} nothing recognizable
[07:39] {Threei} gigm
[07:39] {dino} pdgi stopped .00, +.55
[07:39] {magoo} nice dino
[07:41] {dino} nnds bstop to flat jumpy\
[07:41] {dino} stopped +.01
[07:42] {dino} ctcm, one more spike
[07:45] {Threei} CAST 8.55 break long, and don't try it at home... no market orders
[07:45] {Threei} scary as hell
[07:48] {Threei} no worky CBAK
[07:48] {dino} stops are too tight, look at nnds now, sheesh
[07:49] {dino} a buck
[07:49] {bruce} stopped on all 4 trades this am
[07:49] {bruce} geesh
[07:49] {Roman} DYII
[07:49] {esemde} I'll say....that ones definately not my type Vad....
[07:49] {Roman} on radar, early but probably will look to break 7 any day
[07:50] {dino} ctcm s hl .13
[07:57] {bruce} ctcm stop dino?
[07:57] {dino} .33
[07:57] {bruce} k
[08:00] {dino} 1/1 out at your discretion
[08:01] {Threei} FMCN coming into your territory dino
[08:01] {dino} jumpy sucker
[08:01] {Threei} do you play any others?? :)
[08:02] {dino} lol
[08:10] {esemde} still nursing CNTF..... but it's looking positive now
[08:11] {esemde} ARRRRRRBAAAAA....
[08:12] {dino} hl l pdgi .02
[08:12] {esemde} thats ARBA by the way
[08:14] {dino} pdgi stop is .69
[08:15] {Threei} ALTI continues
[08:15] {Threei} got any target in mind Roman?
[08:15] {Roman} not really
[08:16] {Roman} also watching DYII off 6.5 break, low volume
[08:16] {Roman} BLOG breaking out
[08:20] {dino} rfr, i saw borat yesterday, oh man
[08:21] {Roman} what do you think?
[08:21] {dino} nuts
[08:21] {dino} but funny
[08:21] {bruce} great love story wasn't it dino?
[08:21] {bruce} lol
[08:21] {dino} lol
[08:22] {Roman} PLUG
[08:22] {bruce} saw it a week back
[08:22] {Roman} long BLDP swing
[08:23] {Roman} QMAR could sqeeze
[08:23] {dino} ctcm bstop to .11, not moving
[08:27] {Roman} long QMAR
[08:28] {Threei} CAST nears
[08:28] {Threei} broke
[08:29] {Threei} what a scary stock
[08:29] {magoo} l qmar .39
[08:32] {magoo} waiting .91
[08:35] {Roman} EFUT spike
[08:35] {dino} ctcm stopped .09, +.04
[08:35] {dino} efut
[08:35] {Threei} VPM (VISUAL PROCESS MANAGEMENT) SYSTEM LAUNCHES SUCCESSFULLY IN SINO RUBBER ELECTRONIC EXCHANGE
[08:35] {Threei} that's for EFUT
[08:37] {esemde} nice jump efut....anyone in that
[08:37] {Threei} I am still in diaper change mode after CAST
[08:37] {dino} nope
[08:39] {esemde} efut...pronounced efoot maybe....you can now comunicate with your feet possibly.....just speculation here
[08:39] {Threei} it's an internet brother of bigfoot
[08:40] {esemde} i can see that..
[08:40] {esemde} look at it go.....
[08:43] {esemde} somebody explain the significance of the news for EFUT...i don't get it.
[08:45] {dino} doesn't matter ese, don't overthink
[08:48] {bruce} yhoo short?
[08:48] {dino} risky s winn hl .30
[08:49] {Threei} tough call bruce
[08:49] {bruce} k - had second thoughts on it anyway - almost at daily range
[08:50] {dino} winn bstop is .57
[08:50] {Threei} yeah... daily and intraday in contradiction here
[08:50] {Threei} short by intraday, bounce by daily
[08:57] {dino} pdgi stop to .20
[08:59] {dino} colm drop
[09:02] {dino} pdgi stop to .26
[09:03] {dino} winn stopped -.22
[09:03] {Threei} ASTI
[09:05] {bruce} nextshort attmept in winn would be after 22 dino?
[09:06] {dino} 22.40 my guess, but i'm done w/it
[09:07] {Threei} BEAS
[09:07] {Threei} speculation of new ORCL bid
[09:07] {bruce} k
[09:08] {dino} out pdgi .28, +.26
[09:08] {ramvfin2003} SSTR?
[09:10] {dino} not my stly
[09:10] {Threei} 50/50... nothing compelling
[09:10] {dino} style
[09:12] {Threei} if ASTI breaks .90 and jumps, watch ASTIZ for .75 break
[09:18] {Roman} ESLR another high
[09:18] {Threei} TUES?
[09:22] {Threei} see YHOO bruce?
[09:22] {Threei} no play either way
[09:22] {Threei} charts are in conflict and general market has no idea what it wants
[09:25] {Roman} SOLF
[09:25] {Roman} just another solar
[09:25] {Roman} CSUN too
[09:26] {Roman} CSIQ
[09:26] {Roman} another one
[09:27] {Threei} solar day?
[09:27] {cosmo} not here
[09:27] {Roman} cruide oil near all time highs why not
[09:28] {cosmo} wait 'till there is a breakthru in battery technology
[09:28] {cosmo} solars will rule the world
[09:28] {cosmo} batteries to
[09:29] {bruce} yes - yhoo looking like a reversal now
[09:29] {Roman} watching DSTI too, but it has trouble picking up interest, probably something really wrong fundamentally or this one goes over $10
[09:31] {Threei} 10.50 meltdown is risky long CSUN
[09:34] {Threei} if holding above .40 before the break, this is as good of setup as you can expect from this one
[09:34] {Roman} GOAM is still a swing play for me, hard to scalp so far tho
[09:37] {dino} hl s ctcm .55
[09:39] {dino} stop is .71
[09:40] {dino} darn
[09:40] {Threei} I wonder how this market isn't getting seasick of its own movements
[09:40] {esemde} have a great day everyone......see you tomorrow
[09:40] {Threei} take care ese
[09:40] {bruce} bye ese
[09:41] {bruce} ztopped ctcm
[09:41] {bruce} done for day lads
[09:41] {bruce} will stick around but no more trades
[09:42] {dino} me too bruce
[09:42] {dino} stopped ctcm
[09:42] {dino} ]i meanm
[09:42] {dino} done /ctcm
[09:44] {Threei} DYII held well
[09:44] {Threei} chewing closer to 6.50
[09:45] {Threei} broke
[09:46] {bruce} that your 10 k at 6.50 vad?
[09:46] {Threei} just 1
[09:47] {dino} immr pop
[09:48] {dino} risky, l faro .93
[09:54] {ramvfin2003} asti on break of .90 long?
[09:54] {Threei} yes, just kkeep it small
[09:54] {Threei} stock is veryu jumpy
[09:55] {Threei} ASTIZ broke with it
[09:56] {ramvfin2003} u in vad?
[09:56] {Threei} ASTIZ
[09:57] {ramvfin2003} .75?
[09:57] {Threei} yes
[09:59] {Threei} come on ASTI
[10:03] {ramvfin2003} stop on asti?
[10:04] {Threei} under .60
[10:13] {dino} hurn
[10:20] {Threei} half out ASTIZ +.24
[10:29] {Threei} young men from 18 to 34 are planning to spend most money of Halloween fun according to recent poll
[10:29] {Threei} isn't it disturbing
[10:31] {Threei} argh
[10:31] {Threei} CSUN
[10:31] {Threei} missed it
[10:32] {Threei} anyone stayed with it?
[10:33] {Roman} HOKU
[10:33] {Roman} starting too
[10:37] {Threei} .91 next long CSUN
[10:40] {Threei} take profit as you see fit
[10:40] {Threei} anyone's alive out there?
[10:41] {patience} yup, barely
[10:43] {Roman} QMAR coming back, u still got magoo?
[10:50] {Threei} with all the solar happiness today, why CTDC sits unnoticed
[10:51] {Threei} just 10 cents from dau low
[10:51] {Threei} long if hits .65
[10:52] {Threei} in
[10:55] {Threei} half out .82
[10:56] {Threei} 1/4 more out .95
[10:56] {Threei} continue sleeping you all?
[10:57] {magoo} took it vad, out now v.95
[10:57] {magoo} in astri
[10:57] {magoo} astiz
[10:57] {Threei} thank you magoo
[10:57] {Threei} you return me faith in humanity
[10:57] {Threei} not all of it but still
[10:58] {magoo} just side tracked here
[10:58] {ramvfin2003} ENER slowly moving up
[10:59] {Threei} stop .69 CTDC last portion
[10:59] {Threei} want to see if it can break 10
[11:02] {magoo} out csun, TY here
[11:02] {magoo} .22
[11:02] {Threei} wtg
[11:03] {Threei} CTDC broke
[11:03] {Threei} out in full
[11:04] {Threei} can entry be any more perfect?
[11:06] {dino} tson
[11:06] {dino} ipo 3 weeks
[11:07] {magoo} NICE vad
[11:08] {Threei} I guess I can just dcc you my calls mags
[11:08] {Threei} 3 wins in a row, noone even breathes
[11:08] {dino} you make picks? :)
[11:10] {markweb} vad, next one pl:)
[11:10] {Threei} nope
[11:10] {magoo} i hit all 3
[11:10] {magoo} told dino
[11:10] {markweb} ?:)
[11:10] {Threei} lol
[11:10] {markweb} :(
[11:12] {Threei} is FOMC meeting as usual?
[11:12] {Threei} there was some talk about it scheduled earlier this time, not sure if true
[11:13] {magoo} i got appt, c u all t'morrow TY VAD
[11:13] {Threei} take magoo, welcome
[11:14] {dino} decision wed at 2
[11:14] {dino} 2:15ish
[11:14] {Threei} as usual then... ty
[11:20] {ramvfin2003} LULU?
[11:21] {Threei} nah
[11:28] {Roman} DSTI finally
[11:28] {Roman} i am in swing this thing average 5.35
[11:29] {Roman} this one either dies or explodes as it gets discovered again, but it really needs to break $6
[11:35] {ramvfin2003} BPHX?
[11:36] {Threei} on a trending day I would be enthusiastic about it ram
[11:37] {Threei} my concern is, while market stays like it was whole last week reversals of strongly trending stocks are sudden and brutal
[11:37] {ramvfin2003} ok
[11:38] {Threei} I won't be surprized to see it dropping like a rock
[11:38] {Threei} jeez... while I typed
[11:38] {Threei} 50 cents downtick in single bar
[11:39] {ramvfin2003} ASTI pulled back hard
[11:39] {Threei} another example, yes
[11:40] {Threei} BPHS back to high in a single gasp
[11:40] {Threei} BPHX sorry
[11:40] {Threei} how you trade that? :)
[11:40] {ramvfin2003} with a box of pampers
[11:41] {Threei} well... that is always a good idea
[11:41] {Threei} but I am afraid with movements like BPHX you will run out ofd those twice as fast
[11:42] {dino} hlcs
[11:49] {dino} mblx
[11:52] {ramvfin2003} WCG crushed
[11:53] {dino} mblx hl s .98
[11:59] {ramvfin2003} bounce on WCG?
[12:00] {dino} back in 10
[12:01] {Threei} WCG is anyone's guess today
[12:01] {Threei} tomorrow it's a better candidate
[12:02] {Threei} this kind of selloffs usually starts calming down after three days of red hot selling
[12:02] {Threei} see how volume dries up today vs last tweo days?
[12:02] {ramvfin2003} yes
[12:07] {ramvfin2003} BA 7 mill share buyback
[12:08] {dino} partial fill mblx .60 while out
[12:08] {dino} +.38
[12:10] {Threei} CAST again
[12:10] {Threei} not sure what gives, quite sharp spike
[12:11] {ramvfin2003} are we playing it?
[12:12] {Threei} if it comes to .90 and consolidates for a while
[12:22] {Threei} want little pullback now
[12:22] {Threei} then break
[12:23] {dino} bstop to .53, mblx
[12:27] {dino} to .42
[12:28] {dino} cov mblx .41, +.57
[12:28] {Threei} nice one
[12:28] {markweb} gj dino
[12:29] {dino} ty
[12:30] {Threei} CSUN
[12:31] {Threei} .50 break if stays above .30
[12:31] {dino} aspv
[12:34] {dino} faro stop to .95
[12:35] {markweb} aspv news?
[12:35] {dino} can't find any
[12:36] {markweb} ty
[12:36] {dino} missed it, was at .10
[12:36] {dino} faro stopped b/e
[12:36] {Threei} ASPV WEAKNESS ATTRIBUTED TO CONCERNS CURRENT MERGER DEAL COULD FLL APART
[12:37] {markweb} thx
[12:37] {dino} l hl .25
[12:42] {dino} out .95, +.70
[12:42] {markweb} nice
[12:42] {bruce} nice catch dino
[12:42] {patience} very nice dino
[12:42] {dino} ty,lucky entry
[12:44] {dino} took all day but ended up fine
[12:48] {bruce} good it worked out dino - I hit my loss limit and stopped
[12:49] {bruce} days nearly done = checking out
[12:49] {bruce} see you guys in am!
[12:49] {Threei} take care bruce
[12:49] {dino} me too, thx all
[12:51] {Threei} dino :)
[12:55] {Threei} will be interesting to watch solars tomorrow to determine whether it was a one day fluke or beginning of mania
[12:55] {Threei} okay guys, thank you all, have a good evening
[12:55] {Threei} see you tomorrow
Session Close: Tue Oct 30 00:00:00 2007

October 26, 2007

10/26/07 05:16:10 {bruce} morning all
10/26/07 05:33:28 {magoo} morning RT , bruce
10/26/07 05:46:21 {bruce} hey magoo
10/26/07 05:46:39 {Threei} good morning guys
10/26/07 05:46:47 {magoo} lord vader :)
10/26/07 05:46:57 {Threei} mr magoo :)
10/26/07 05:47:24 {Threei} red day yesterday, dreen opening today... figures
10/26/07 05:47:33 {Threei} rolercoaster continues
10/26/07 05:48:31 {magoo} cfc reports biggeer loss than xpected, gaps up SIGH
10/26/07 05:49:04 {Threei} CRDC
10/26/07 05:49:07 {Threei} REPORTS Q1 -$0.27 V -$0.34E, R $1.3M V $1.4ME- Guides FY08 R $6M - 8M v $7Me
10/26/07 05:49:21 {tomg} gm bruce, magoo, vad, all
10/26/07 05:49:28 {Threei} tom :)
10/26/07 05:49:33 {magoo} Tom:)
10/26/07 05:50:21 {magoo} XING gaps ..news?
10/26/07 05:50:34 {Threei} BCON
10/26/07 05:50:34 {Threei} ANNOUNCES $25M INVESTMENT COMMITMENT
10/26/07 05:50:35 {Threei} - Each unit consists of one share of the Company's common stock, par value $0.01 per share, and one warrant to purchase 0.95 of a share of the Company's common stock at an exercise price of $2.97 per share
10/26/07 05:51:06 {bruce} hi tom, vad
10/26/07 05:51:25 {esemde} god morning all
10/26/07 05:51:26 {Threei} 08:02am [XING] Reports Q2 $3.30, R$129.7M v $130.7Me
10/26/07 05:51:31 {Threei} bruce, ese :)
10/26/07 05:51:47 {bruce} hi ese
10/26/07 05:51:57 {esemde} bruce tom
10/26/07 05:52:06 {esemde} magoo
10/26/07 05:52:12 {esemde} cos
10/26/07 05:52:15 {tomg} hi ese
10/26/07 05:52:34 {magoo} ES:)
10/26/07 05:52:39 {esemde} whats looking good today....anything promising
10/26/07 05:52:46 {Threei} CFC Sees a return to profitability in Q4
10/26/07 05:52:57 {Threei} Negotiated $18B in added liquidity
10/26/07 05:53:03 {Threei} probably that's why magoo
10/26/07 05:53:50 {Threei} early to tell ese... it's going to be nervous ending of a very nervous week
10/26/07 05:54:03 {esemde} hmmmmmm
10/26/07 05:54:08 {dptl} good morning all
10/26/07 05:54:16 {Threei} dp :)
10/26/07 05:54:19 {magoo} reeversal day
10/26/07 05:54:49 {magoo} dp:_)""
10/26/07 05:54:59 {esemde} dp
10/26/07 05:55:11 {Threei} reversal which way mags? :)
10/26/07 05:55:31 {magoo} either way
10/26/07 05:55:40 {Threei} oh, reversal plays in general
10/26/07 05:55:47 {magoo} yup
10/26/07 05:56:06 {Threei} sounds right most likely
10/26/07 05:56:17 {Threei} unless wolves decide otherwise
10/26/07 05:56:43 {magoo} remember how scon was, up big...down big
10/26/07 05:57:11 {Threei} true... unfortunately there was nothing to indicate the play
10/26/07 05:57:33 {Threei} consolidatyion for a while, then just sudden huge red
10/26/07 05:57:43 {magoo} u just said it...nervous mkt..a friday
10/26/07 05:57:51 {Threei} I did?
10/26/07 05:57:56 {magoo} up big will sell...imho
10/26/07 05:59:38 {Threei} CRDC short available
10/26/07 05:59:43 {Threei} something to watch for
10/26/07 06:00:45 {bruce} hi dp, cosmo
10/26/07 06:01:26 {cosmo} SWIR
10/26/07 06:01:39 {cosmo} 21.94 pre mkt high
10/26/07 06:01:45 {magoo} f#cking BIDU..i may just take off screen
10/26/07 06:01:47 {cosmo} so far
10/26/07 06:01:59 {magoo} drpos to 305 afterhrs
10/26/07 06:02:06 {magoo} now uop over 345
10/26/07 06:04:48 {Threei} wow VG
10/26/07 06:05:12 {cosmo} very good
10/26/07 06:05:30 {magoo} made it to 2.84 afterhrs vad
10/26/07 06:05:54 {Threei} was still halted when I left
10/26/07 06:07:46 {markweb} gm all
10/26/07 06:08:02 {bruce} hi mark
10/26/07 06:08:05 {Threei} mark :)
10/26/07 06:09:27 {dino} gm all
10/26/07 06:10:13 {Threei} dino :)
10/26/07 06:10:26 {markweb} vad, bruce, dino:)
10/26/07 06:10:39 {dino} scalpers friday
10/26/07 06:10:42 {esemde} FLML has been making a strong up move last couple of days
10/26/07 06:10:49 {esemde} mark
10/26/07 06:11:15 {markweb} :)
10/26/07 06:11:37 {dino} gm mark
10/26/07 06:11:43 {markweb} :)
10/26/07 06:11:57 {bruce} hi dino
10/26/07 06:12:10 {esemde} dino
10/26/07 06:14:43 {dino} gm bruce, ese
10/26/07 06:14:45 {dino} brb
10/26/07 06:27:06 {magoo} cofeeeeee
10/26/07 06:28:06 {Roman} ESLR could be a player today
10/26/07 06:32:18 {esemde} bring mine with a hypo dermic needle magoo
10/26/07 06:34:18 {Roman} long ESLR
10/26/07 06:34:25 {Roman} full size
10/26/07 06:35:14 {Threei} can't find an entry for CRDC shoprt with this spread
10/26/07 06:35:52 {Threei} thanks Roman, very nice start
10/26/07 06:36:52 {Threei} I am out ESLR here
10/26/07 06:37:00 {Roman} out 1/2 ESLR +.38
10/26/07 06:37:13 {Threei} will watch for reentry if pulls back
10/26/07 06:39:16 {Threei} magoo... BIDU 350 zone is to watch for pullback entry
10/26/07 06:39:26 {magoo} yes..stalking it
10/26/07 06:40:06 {dino} deck
10/26/07 06:40:48 {dino} wow
10/26/07 06:40:48 {Threei} if ESLR not losing .30 anymorwe, .50 becomes long trigger
10/26/07 06:41:01 {Threei} closest support is .20 for those who prefer aggressive entries
10/26/07 06:44:06 {bruce} l eslr ..5
10/26/07 06:46:01 {Threei} 1:1
10/26/07 06:47:02 {bruce} 1/2 out .77
10/26/07 06:47:15 {magoo} our ESLR .75 TY
10/26/07 06:47:24 {Threei} credits to Roman
10/26/07 06:47:31 {Threei} I just provided running commentary
10/26/07 06:47:45 {magoo} TY BOTH
10/26/07 06:47:57 {bruce} congrats roman
10/26/07 06:48:10 {Roman} i am holding remaining till end of the day
10/26/07 06:48:30 {markweb} Thanks roman im out of 0.08
10/26/07 06:48:36 {Threei} if at the end of the day it's at 13 I am going to hate you all weekend
10/26/07 06:52:10 {bruce} eslr out balance at .99
10/26/07 06:52:23 {magoo} nice bruce
10/26/07 06:52:35 {Threei} see you on Monday bruce {G}
10/26/07 06:52:54 {dino} wtg bruce, mark
10/26/07 06:53:01 {bruce} thanks guys
10/26/07 06:53:07 {Roman} out small portion too
10/26/07 06:53:08 {bruce} back to black for week
10/26/07 06:53:56 {bruce} good eye roman
10/26/07 06:54:14 {bruce} I thought it would have trouble breaking .30 premarket high
10/26/07 06:54:40 {Threei} it didn't even notice it, lol
10/26/07 06:54:50 {bruce} sliced right through
10/26/07 06:56:20 {magoo} pretty hard pullback
10/26/07 06:56:40 {Threei} that's ESLR's disgusting habit
10/26/07 06:56:41 {dino} hl l nihd .04, stop .73
10/26/07 06:57:16 {Threei} although today it behaves very differently from its usual ways
10/26/07 06:57:36 {bruce} good run befre the pullback though
10/26/07 06:57:41 {bruce} may have some juice left
10/26/07 06:58:00 {Threei} this is it... most often it makes its run in a way that makes it very hard to utilize
10/26/07 06:59:08 {bruce} k - I see its already at daly range
10/26/07 06:59:38 {Roman} i think ESLR will go this time, i am keeping remaing for swing
10/26/07 06:59:44 {Roman} going for $20
10/26/07 07:00:03 {Roman} CLWT spike
10/26/07 07:00:07 {Roman} NINE high
10/26/07 07:01:01 {Threei} if I promised to hate you for 13, what do you think is going to happen if it goes to 20?
10/26/07 07:01:01 {Roman} and GIGA on radar, the boyz may want to pop this one over $3.50 anyday
10/26/07 07:01:11 {Roman} DSTI watch
10/26/07 07:01:59 {Roman} in small ,
10/26/07 07:02:05 {Roman} 4.50 area
10/26/07 07:02:19 {Roman} very hard to read DSTI
10/26/07 07:02:24 {Threei} *OCT FINAL U. OF MICHIGAN CONFIDENCE: 80.9 V 82.0E
10/26/07 07:02:54 {bruce} you put it in your little black book vad?
10/26/07 07:03:16 {dino} nihd stop to .29
10/26/07 07:03:18 {Threei} what?
10/26/07 07:03:25 {Threei} Mexico lost its mind?
10/26/07 07:03:29 {Threei} *(MX) MEXICO CENTRAL BANK RAISES RATES BY 25BP TO 7.50%%, NOT EXPECTED- Was expected to hold rates steady at 7.25%%
10/26/07 07:04:10 {dino} out nihd .37, +.33
10/26/07 07:04:46 {markweb} gj
10/26/07 07:05:23 {dino} ty
10/26/07 07:07:17 {Roman} watching CLWT off 4
10/26/07 07:07:18 {Roman} break
10/26/07 07:09:40 {Threei} CRDC .60 break short
10/26/07 07:09:47 {Threei} half lot, stop above .80
10/26/07 07:10:00 {Roman} GIGa
10/26/07 07:10:02 {Roman} the bozy
10/26/07 07:10:30 {Roman} boy maybe do it
10/26/07 07:10:39 {dino} rimm hl l .66
10/26/07 07:11:38 {Threei} CTEL?
10/26/07 07:14:54 {bruce} stop about .20 rimm dino?
10/26/07 07:15:09 {dino} bruce yes, sorry
10/26/07 07:15:33 {dino} out .06 +.40
10/26/07 07:15:37 {bruce} thanx
10/26/07 07:16:22 {dino} you in or out
10/26/07 07:16:36 {bruce} out
10/26/07 07:16:48 {bruce} thanx - shadowing you
10/26/07 07:16:49 {Roman} IVAN could see continuation
10/26/07 07:16:52 {dino} gain?
10/26/07 07:16:58 {esemde} gj dino
10/26/07 07:17:04 {bruce} you bet .40
10/26/07 07:17:09 {dino} great
10/26/07 07:17:15 {bruce} thanx
10/26/07 07:17:23 {dino} thinking star l w/stop at lod
10/26/07 07:17:49 {bruce} k
10/26/07 07:17:54 {Roman} PANC radar
10/26/07 07:18:41 {dino} phase2 aids drug
10/26/07 07:20:01 {esemde} been watching CPSL for about two weeks...sell off from highs seems to be down to minimal low volume...nothing left but scraps on the table...this should take off soon
10/26/07 07:25:03 {dino} watching vari
10/26/07 07:25:33 {dino} thin
10/26/07 07:28:03 {dino} risky hl l rimm .75
10/26/07 07:29:54 {Roman} PANC
10/26/07 07:30:01 {Roman} long lets see, small
10/26/07 07:30:09 {magoo} vad u in ESLR again?
10/26/07 07:30:13 {magoo} or reading it?
10/26/07 07:30:18 {Threei} no
10/26/07 07:30:53 {dino} rimm stopped .24, -.51
10/26/07 07:31:49 {markweb} roman u in PANC?
10/26/07 07:32:31 {Roman} yes, small 2.69
10/26/07 07:32:35 {markweb} ty
10/26/07 07:32:49 {Roman} this is not really my setup, more of a magoo
10/26/07 07:32:58 {Roman} but i am trying to learn
10/26/07 07:33:06 {magoo} HUH?
10/26/07 07:33:06 {markweb} :)
10/26/07 07:33:38 {Roman} FCEL high
10/26/07 07:34:08 {esemde} have bstop for 1/2 lot CPSL at 9.09 just above 2 days of 15min bar consolidation
10/26/07 07:34:14 {dino} star l hl .71, stop .49
10/26/07 07:35:00 {esemde} stop would be .85
10/26/07 07:37:05 {bruce} l star .72
10/26/07 07:37:24 {Threei} QID .45 short trigger, stop .61
10/26/07 07:38:07 {magoo} meaning u believe naz headed up correct?
10/26/07 07:38:46 {Threei} it matches to NQ long trigger 2203.5
10/26/07 07:39:26 {markweb} Canada out of short:(
10/26/07 07:39:33 {magoo} just trying to get mindset of inverse relationship vad
10/26/07 07:39:42 {Threei} Laser has it
10/26/07 07:40:06 {Threei} yes mags
10/26/07 07:40:11 {Threei} NQ up, QID down
10/26/07 07:40:17 {magoo} let me
10/26/07 07:40:21 {Threei} NQ down, QID up
10/26/07 07:40:25 {dino} vari l hl .74
10/26/07 07:40:30 {magoo} NQ down , QID up
10/26/07 07:40:33 {Threei} NQ up and down, QID down and up
10/26/07 07:40:38 {Threei} etc
10/26/07 07:40:50 {dino} INVERSE magoo
10/26/07 07:41:17 {magoo} ESREVNI
10/26/07 07:41:25 {magoo} [10:37] {magoo} just trying to get mindset of inverse relationship vad
10/26/07 07:41:25 {magoo} [10:37] {Threei} Laser has it
10/26/07 07:41:25 {magoo} [10:38] {Threei} yes mags
10/26/07 07:41:25 {magoo} [10:38] {Threei} NQ up
10/26/07 07:43:12 {Threei} rude reversal NQ
10/26/07 07:43:17 {markweb} O CANADA!!!
10/26/07 07:46:27 {dino} brb
10/26/07 07:51:57 {Roman} 2.42 stop on PANC
10/26/07 07:52:08 {Roman} i hate these magoo setups
10/26/07 07:52:15 {magoo} NOT mine
10/26/07 07:52:15 {Roman} :)
10/26/07 07:52:24 {magoo} not in ..no call on it
10/26/07 07:52:31 {Roman} i just said its yours that i can blame you for it
10/26/07 07:52:43 {Threei} CVGW?
10/26/07 07:53:06 {magoo} never heard of that one vad
10/26/07 07:53:17 {Threei} neither have I
10/26/07 07:53:21 {Threei} just popped out of blue
10/26/07 07:55:15 {esemde} bstop order CPSL invalidated
10/26/07 07:57:44 {magoo} sh QID here
10/26/07 07:57:49 {magoo} .60
10/26/07 07:59:39 {dino} star stopped -.21
10/26/07 07:59:49 {bruce} same dino
10/26/07 08:00:20 {dino} chuck screwed me, stpp was .48, takes me out at .50
10/26/07 08:00:41 {Threei} wisdom is coming out of higher levels again
10/26/07 08:00:42 {dino} moving on
10/26/07 08:00:44 {Threei} US TREASURY SEC PAULSON: SAYS $92 PER BARREL OIL IS NOT A POSITIVE FOR ECONOMY, WOULD LIKE TO SEE PRICES LOWER
10/26/07 08:00:51 {Threei} wow...
10/26/07 08:00:56 {dino} shocking the insight
10/26/07 08:01:04 {Threei} no kidding
10/26/07 08:01:16 {bruce} mine was set to .49 but took me out at .50
10/26/07 08:01:22 {Threei} here we sit thinking 92 is great, and the higher the better
10/26/07 08:01:36 {dino} kid of sucks when that happens
10/26/07 08:02:01 {bruce} .49 was never hit so I dona't know whatthat was about
10/26/07 08:02:10 {bruce} anyway - next
10/26/07 08:02:53 {bruce} you still holding avri?
10/26/07 08:03:02 {bruce} vari?
10/26/07 08:03:38 {dino} yeah,
10/26/07 08:04:23 {Threei} CRDC, feel free to take profit
10/26/07 08:04:26 {bruce} whats stop on it?
10/26/07 08:04:52 {Threei} can't read it here anymore, may jump or continue down
10/26/07 08:05:00 {Threei} it's over 1:1
10/26/07 08:05:12 {dino} wide because of spread, so not hard stop, under .20 tho and try to work better if .19 hits
10/26/07 08:05:34 {bruce} k
10/26/07 08:06:07 {Threei} anyone played it??
10/26/07 08:06:50 {magoo} lol..not i
10/26/07 08:07:06 {Threei} why do I even bother... waste of good calls {G}
10/26/07 08:07:16 {magoo} problem was
10/26/07 08:07:20 {magoo} not my style
10/26/07 08:07:35 {Threei} since when CRDC is not your style?
10/26/07 08:07:35 {magoo} u don't want me following u blindly?
10/26/07 08:07:59 {Threei} I would say if it's anyone's style, it's yours
10/26/07 08:08:05 {magoo} today i found the lord...told me no more dark side
10/26/07 08:08:11 {Threei} ahhh
10/26/07 08:08:18 {Threei} you are forgiven then
10/26/07 08:08:26 {magoo} i assumed lord meant shorting
10/26/07 08:08:28 {bruce} halleluya mags
10/26/07 08:08:44 {esemde} ok ok ok.......now now......
10/26/07 08:08:51 {magoo} couldn't possibly want me change my lifestyle of booxze, women]
10/26/07 08:08:58 {Threei} ummmm
10/26/07 08:09:00 {Threei} 10:55] {magoo} sh QID here
10/26/07 08:09:00 {Threei} [10:55] {magoo} .60
10/26/07 08:09:13 {magoo} fell off wagon there
10/26/07 08:09:13 {Threei} you are not very consistent follower are you {G}
10/26/07 08:09:14 {dino} l partial ldsh .54
10/26/07 08:09:14 {bruce} hmm - shame to change that mags
10/26/07 08:10:54 {magoo} vad, we missed LULU..look at chart
10/26/07 08:12:03 {Threei} ?
10/26/07 08:12:23 {magoo} 51 run to 53
10/26/07 08:13:38 {Threei} I don't see any setup that we missed
10/26/07 08:14:58 {dino} out ldsh .20, +.66
10/26/07 08:15:29 {dino} oh mannn, could've had a buck
10/26/07 08:16:18 {bruce} .66 is pretty good dino
10/26/07 08:16:54 {dino} thx, you get it/
10/26/07 08:17:19 {bruce} no - missed entry
10/26/07 08:17:19 {dino} captain caveman pops, cavm
10/26/07 08:17:27 {dino} pulp one
10/26/07 08:17:31 {bruce} already 20 over your entry when I looked at it
10/26/07 08:17:57 {dino} many more to come
10/26/07 08:18:41 {Threei} CSUN?
10/26/07 08:20:47 {dino} dk, chinas i don't have luck on
10/26/07 08:20:50 {bruce} dino - hinking short cavm?
10/26/07 08:21:32 {dino} y, but above, around 26.90ish
10/26/07 08:21:44 {dino} most likely won't hit me
10/26/07 08:22:34 {bruce} k -wow - that wouyld be a big move in it
10/26/07 08:23:35 {dino} rnow
10/26/07 08:24:01 {dino} thats why the system works, shouldn't get/be there
10/26/07 08:24:43 {bruce} got you - looking for big over extensions
10/26/07 08:25:10 {dino} euphiria and capitulation, not much thinking to it
10/26/07 08:25:58 {dino} vari hard stop to .36, not working
10/26/07 08:26:33 {bruce} didn't enter vari - waited for lower entry
10/26/07 08:26:54 {dino} hard stop, i can move on
10/26/07 08:27:04 {dino} rnow interesting
10/26/07 08:33:53 {Threei} ZVUE?
10/26/07 08:36:51 {Roman} alright guys, have to leave, got some personal stuff to handle
10/26/07 08:36:56 {Roman} have a good weekend all
10/26/07 08:37:07 {Threei} take care roman
10/26/07 08:37:22 {magoo} by roman
10/26/07 08:37:32 {dino} take care rfr
10/26/07 08:38:23 {bruce} bye roman
10/26/07 08:41:05 {dino} vari stopped .40, -.34
10/26/07 08:41:20 {bruce} rnow starting to look overextended - where would you be lookiing to short dino?
10/26/07 08:43:15 {dino} was waiting at .48, just missed me, sheesh
10/26/07 08:43:22 {dino} now waiting at .24
10/26/07 08:44:13 {bruce} k
10/26/07 08:44:34 {dino} oh man, that was the day
10/26/07 08:44:46 {bruce} and if .48 had ben hit - stop would have been about 24.?
10/26/07 08:45:52 {dino} yep
10/26/07 08:46:06 {bruce} k
10/26/07 08:46:17 {bruce} with exit right about here if you'd got in?
10/26/07 08:46:19 {dino} see how when they gop wgere you can't imagine, they come back
10/26/07 08:46:59 {bruce} yes - seen lots of those plays - I'm not very good at identifying top or bottom though
10/26/07 08:47:23 {dino} don't have to, adjust size, wait wayyyyyy out for them
10/26/07 08:47:48 {dino} i have about 10 that never fill every day
10/26/07 08:48:53 {bruce} \makes sense - this is curently good market for your trading style
10/26/07 08:49:52 {bruce} I can't read them very well - could see rnow getting overextended - but thought it might go to 24 before running out of gas
10/26/07 08:57:21 {Threei} DRIV
10/26/07 08:57:49 {dino} mdca
10/26/07 08:59:32 {bruce} driv 50 break vad?
10/26/07 09:01:09 {Threei} I'd rather look for short
10/26/07 09:01:36 {bruce} k - thnx vad
10/26/07 09:02:03 {dino} sidetracked
10/26/07 09:03:50 {dino} partial fill cavm s .87
10/26/07 09:07:45 {Threei} HMIN
10/26/07 09:07:48 {dino} hl s mdca .97, stop .22
10/26/07 09:08:57 {dino} amend bstop mdca to .37
10/26/07 09:09:02 {dino} too tight at .22
10/26/07 09:12:29 {bruce} missed mdca - 11 bid didn't take
10/26/07 09:12:52 {bruce} offer rather
10/26/07 09:14:04 {bruce} you get hmin short vad?
10/26/07 09:14:14 {bruce} thats 2 that dumped on 50
10/26/07 09:14:29 {Threei} no
10/26/07 09:18:27 {dino} mdca bstop to .27
10/26/07 09:18:33 {magoo} ESLR vad
10/26/07 09:19:04 {Threei} maybe second round
10/26/07 09:19:08 {Threei} really tough read
10/26/07 09:19:16 {magoo} thatts what i was thinking
10/26/07 09:21:54 {dino} cov cavm .33, +.54
10/26/07 09:22:20 {dino} brb
10/26/07 09:22:39 {bruce} nice dino
10/26/07 09:25:28 {magoo} 100 sh bidu long now .78
10/26/07 09:25:35 {magoo} 343.78
10/26/07 09:27:23 {bruce} taking break
10/26/07 09:27:31 {bruce} back in 30
10/26/07 09:32:29 {magoo} hoping for multi points
10/26/07 09:34:45 {magoo} should power up like naz and rimm
10/26/07 09:36:27 {Chaeron} hi all... nice one on cavm dino :)
10/26/07 09:37:57 {Threei} Chaeron :)
10/26/07 09:43:47 {Threei} LULU, if .25 is lifted should give scalpable bounce
10/26/07 09:44:01 {dino} mdca bstop to .82
10/26/07 09:44:14 {dino} ty chaer
10/26/07 09:45:53 {dino} to .72
10/26/07 09:50:17 {Threei} I am about to cry of gratitude for the deep wisdom continuously shared with us by those in the know
10/26/07 09:50:20 {Threei} WHITE HOUSE REITERATES THAT OIL PRICES ARE A CONCERN ACROSS THE BOARD
10/26/07 09:50:54 {dino} gee wiz
10/26/07 09:53:44 {Chaeron} ""cheese wiz""?
10/26/07 09:56:38 {dino} mmmmmmm
10/26/07 09:56:51 {dino} i have some at the office
10/26/07 09:57:15 {Chaeron} another man of refined taste - we gotta party one day :)
10/26/07 09:57:30 {Chaeron} algn
10/26/07 09:59:18 {dino} indeed, and i also have wheat thins
10/26/07 10:04:32 {Threei} well... ESLR if breaks .80
10/26/07 10:04:39 {Chaeron} wierd... that's what I'm munching on.....
10/26/07 10:04:46 {Threei} desirably if stays above .70
10/26/07 10:08:57 {magoo} eating reeses peanut cup here
10/26/07 10:09:48 {magoo} 12:23] {magoo} 100 sh bidu long now .78
10/26/07 10:09:48 {magoo} [12:23] {magoo} 343.78
10/26/07 10:10:37 {magoo} in }*) vad
10/26/07 10:10:46 {magoo} .80 eslr
10/26/07 10:11:29 {Threei} won't work magoo... I will never forgive you for ignoring my CRDC call, gave over a dollar with practically no pullback
10/26/07 10:11:44 {magoo} gggggggggggggrrrrrrrrrrrrrrrrrrrr
10/26/07 10:12:00 {Threei} you are goking to live unforgiven
10/26/07 10:12:28 {magoo} nice call btw
10/26/07 10:12:47 {Threei} not working... no forgiveness
10/26/07 10:12:56 {magoo} ok ok...dark side it is
10/26/07 10:13:02 {Threei} lol
10/26/07 10:13:12 {magoo} u take my bidu?
10/26/07 10:13:20 {magoo} 6 points
10/26/07 10:13:28 {Threei} how could I if I put you on ingore at that moment
10/26/07 10:13:38 {magoo} true dat :)
10/26/07 10:13:41 {Threei} :)
10/26/07 10:13:54 {Threei} see that .90 offer?
10/26/07 10:13:59 {Threei} on ESLR
10/26/07 10:14:06 {magoo} we share mutual dis-respect today he he
10/26/07 10:14:07 {Threei} that is going to be a true test
10/26/07 10:14:34 {Threei} if taken, I won't be surprized by any high ESLR reaches today
10/26/07 10:15:29 {magoo} looks good to go
10/26/07 10:15:37 {Threei} almost
10/26/07 10:15:46 {Threei} beautiful
10/26/07 10:15:47 {magoo} sheesh
10/26/07 10:15:51 {magoo} in a nblink
10/26/07 10:16:01 {Threei} 11 will be taken easily
10/26/07 10:16:13 {Threei} as if there wwas no 11
10/26/07 10:16:18 {magoo} wait at 11.27
10/26/07 10:17:14 {magoo} in half lot x 4
10/26/07 10:17:57 {Threei} I need calculator
10/26/07 10:18:11 {Threei} can't understand magoo without some algebra
10/26/07 10:18:51 {magoo} out bidu 349.51 plus whatever
10/26/07 10:18:52 {magoo} big
10/26/07 10:20:04 {Threei} {ESLR} so you say there is resistance at 11? watch this
10/26/07 10:20:29 {magoo} u like my waiting exit?
10/26/07 10:20:44 {Threei} no idea... it's in uncharted territory
10/26/07 10:21:01 {Threei} there is no way to define a target, just gotta read the movement as it occurse
10/26/07 10:21:20 {magoo} tough crowd
10/26/07 10:21:34 {magoo} put bidu play in room realtime for 6 pts
10/26/07 10:21:39 {magoo} not one nice
10/26/07 10:21:43 {Threei} and you are shrinking violet eh
10/26/07 10:21:48 {Threei} just can't stand toughness
10/26/07 10:22:43 {magoo} actually luv the slap...need more
10/26/07 10:22:48 {Threei} oh?
10/26/07 10:22:52 {Threei} why didn't you just ask
10/26/07 10:22:55 * Threei slaps magoo around a bit with a large trout
10/26/07 10:23:01 {magoo} :)
10/26/07 10:23:13 {Threei} finally... smiling magoo
10/26/07 10:23:20 {Threei} dino is running scared I bet
10/26/07 10:23:41 {Threei} magoo smile is not for faint hearts
10/26/07 10:24:12 {Threei} I am out 3/4 ESLR here
10/26/07 10:24:12 {magoo} dino got a beer already.....says its noon somewhere in world right now
10/26/07 10:24:25 {esemde} have a great weekend ladies and gentlemen....i'm off
10/26/07 10:24:32 {Threei} lol... come to think of it, he is right
10/26/07 10:24:39 {Threei} take care ese, have a great one
10/26/07 10:24:41 {magoo} u 2 ES
10/26/07 10:24:46 {Chaeron} bye ese
10/26/07 10:25:54 {bruce} bye ese
10/26/07 10:27:24 {magoo} out ESLR
10/26/07 10:30:22 {dino} the fridg is full magoo, coors extra gold
10/26/07 10:30:36 {dino} mdca putting me to sleep
10/26/07 10:31:44 {Threei} CTDC
10/26/07 10:32:04 {Threei} that 10 break is still a go
10/26/07 10:32:11 {Threei} risk is big
10/26/07 10:34:26 {Threei} 10 is a very strong resistance
10/26/07 10:34:52 {magoo} eats that it will show us something
10/26/07 10:34:52 {Threei} if broken, explosion is almost garanteed to be impressive
10/26/07 10:38:34 {bruce} any read driv vad?
10/26/07 10:39:32 {Threei} not really
10/26/07 10:40:22 {bruce} k
10/26/07 10:40:39 {dino} someone kick down mdca
10/26/07 10:41:36 * Threei beats MDCA over the head with 2x4 endowed with rusty nails
10/26/07 10:44:54 {dino} mcrs wow
10/26/07 10:52:17 {magoo} vad ESLR trigg .05 now?
10/26/07 10:52:46 {dino} mdca bstop to .69
10/26/07 10:53:01 {Threei} would like it to establish new support first magoo, closer to break point
10/26/07 10:53:14 {Threei} current one is 11.80, and it's a bit too wide for my taste
10/26/07 10:53:30 {Threei} 10.90 is nicer looking one,
10/26/07 10:53:42 {Threei} so I'd like a pullback or two,
10/26/07 10:53:46 {Threei} with .90 holding
10/26/07 10:54:10 {Threei} sorry, that should read ""current one is 10.80""
10/26/07 10:54:55 {magoo} may just ggooooooooooooooooo
10/26/07 10:55:17 {Threei} it may... but you know me
10/26/07 10:55:31 {Threei} risk control is my first consideration
10/26/07 10:59:37 {magoo} then wehy u so incosiderate {as i run for trourt cover in a cave}
10/26/07 10:59:49 {Threei} lol
10/26/07 11:01:46 {markweb} ESLR 11.05 triger?
10/26/07 11:02:29 {Threei} yes if holding above .90 from now on
10/26/07 11:02:37 {markweb} ty
10/26/07 11:03:27 {dino} nihd l hl .02 risky
10/26/07 11:08:57 {magoo} LULU vbad,..any read?
10/26/07 11:09:33 {Threei} called .25 break entry earlier
10/26/07 11:09:49 {Threei} just a scalp, this spike is for selling into
10/26/07 11:10:21 {dino} out nihd .34, +.32
10/26/07 11:13:45 {bruce} l eslr .05
10/26/07 11:14:06 {magoo} me too
10/26/07 11:14:33 {markweb} me too winners!
10/26/07 11:14:56 * magoo slaps LaserDave1 around a bit with a large trout
10/26/07 11:16:06 {Threei} oh boy
10/26/07 11:16:07 {bruce} stop at .93
10/26/07 11:16:12 {Threei} I forgot to do it
10/26/07 11:16:17 * Threei slaps LaserDave1 around a bit with a large trout
10/26/07 11:16:19 {markweb} lol
10/26/07 11:16:20 {Threei} thanks mags
10/26/07 11:16:31 {magoo} gotcha back boss
10/26/07 11:16:52 {magoo} guys i waiting .34
10/26/07 11:16:57 {Threei} good boy ESLR
10/26/07 11:18:26 {Threei} why does mark continue calling us whiners
10/26/07 11:18:33 {bruce} how do you get .34 for target mags?
10/26/07 11:18:44 {magoo} normal breather zone
10/26/07 11:18:52 {Threei} he asked 8ball, bruce
10/26/07 11:18:58 {bruce} k
10/26/07 11:19:01 {magoo} .27 - .37 area will pause
10/26/07 11:19:13 {bruce} I se3e them paue about .20 a lot
10/26/07 11:20:00 {magoo} should get ,27
10/26/07 11:20:16 {magoo} i hope .34
10/26/07 11:20:49 {bruce} k - thanx
10/26/07 11:21:23 {Threei} bruce, you realize that you are asking for trading advice a guy who when hunts kills a bear by chewing through its throat?
10/26/07 11:23:19 {bruce} geez - sounds like a wolf
10/26/07 11:23:53 {Threei} that's our shrinking violet magoo
10/26/07 11:24:21 {magoo} disclaimer-ESLR trades like a f#cker
10/26/07 11:24:50 {bruce} lol
10/26/07 11:24:58 {bruce} .20 pause like I said
10/26/07 11:25:00 {Threei} his vocabulary is indicative, too :)
10/26/07 11:25:36 {bruce} I'm learning lots vad
10/26/07 11:25:39 {magoo} stop it flat
10/26/07 11:25:39 {bruce} new words
10/26/07 11:25:56 {Threei} luckily for me, he is too busy observing ESLRT to see what I type about him
10/26/07 11:26:23 {Threei} or he would gnaw my head off
10/26/07 11:27:22 {bruce} no worries - wolves can't read
10/26/07 11:27:34 {magoo} WEREWOLVES can
10/26/07 11:27:54 {bruce} lol
10/26/07 11:28:02 {Threei} lol
10/26/07 11:28:02 {bruce} geez - never thopught of that
10/26/07 11:28:13 {bruce} damn!
10/26/07 11:28:44 {bruce} why not bite eslrs behind?
10/26/07 11:29:54 {magoo} tthink of magoo as jack nicholson in movie ""wolf""
10/26/07 11:31:09 {bruce} lol
10/26/07 11:31:31 {bruce} you do as well as jack with the ladies then?
10/26/07 11:31:38 {magoo} if ESLR takes out .27 probably get .47 area
10/26/07 11:31:42 {dino} nihd hl l .00
10/26/07 11:31:52 {bruce} no wonder you saw the lord
10/26/07 11:33:03 {bruce} .47 sounds good to me
10/26/07 11:33:15 {bruce} does help if we howl?
10/26/07 11:33:47 {bruce} moved stop toflat
10/26/07 11:34:29 {bruce} good sized volume spike there vad
10/26/07 11:35:17 {magoo} LULU gonna blast off RISKY
10/26/07 11:37:52 {magoo} ESLR feelss done OUT .15
10/26/07 11:40:43 {bruce} took 1/2 .13
10/26/07 11:40:51 {bruce} letting rest trade
10/26/07 11:40:55 {magoo} good falls fast
10/26/07 11:41:01 {magoo} CAREFUL ecxit flat
10/26/07 11:42:52 {magoo} pull up minutee charts on qqqq and bidu
10/26/07 11:42:54 {magoo} EXACT
10/26/07 11:43:09 {bruce} out balance flat
10/26/07 11:43:19 {magoo} so if q tanks bidu tanks and vice versa
10/26/07 11:46:37 {dino} mdca bstop to .64
10/26/07 11:51:11 {dino} out nihd .69, -.31
10/26/07 11:54:22 {magoo} sh rimm.01
10/26/07 11:54:27 {magoo} sorry late
10/26/07 12:00:36 {magoo} had 1:1
10/26/07 12:00:39 {magoo} missed exit
10/26/07 12:00:54 {magoo} waiting .61..saw .76
10/26/07 12:02:53 {bruce} is eslr worth another try vad?
10/26/07 12:03:14 {Threei} I am torn
10/26/07 12:03:17 {Threei} by chart, yes
10/26/07 12:03:22 {Threei} by the way it trades, yes
10/26/07 12:03:42 {dino} cpla
10/26/07 12:03:44 {dino} brb
10/26/07 12:03:45 {bruce} volume configurqation on 5 min is classic pattern you describe
10/26/07 12:03:56 {bruce} higher in direction and lower on drops
10/26/07 12:04:15 {bruce} break on 11 was disappointing though
10/26/07 12:04:18 {Threei} by the fact that it is friday end of day... count on trend continuation on a 10 dollar stock that gained 2 points already - I have hard time recommending it :)
10/26/07 12:04:30 {bruce} k
10/26/07 12:04:42 {bruce} good point
10/26/07 12:05:00 {Threei} if it was Tuesday 10 am, you would have resounding yes from me
10/26/07 12:05:19 {Threei} now, let's put it this way... you have meek yes :)
10/26/07 12:05:26 {Threei} very sheepish one
10/26/07 12:06:06 {Threei} scenario that would make me happiest:
10/26/07 12:06:18 {Threei} ESLR finishes closer to 10,
10/26/07 12:06:24 {bruce} I'm done w it
10/26/07 12:06:26 {Threei} Monday it gaps to 10.20,
10/26/07 12:06:40 {Threei} trades 3 minutes betwen 10.20 and 10.30,
10/26/07 12:06:48 {Threei} breaks 10.30 for our long trigger
10/26/07 12:07:01 {Threei} ugh
10/26/07 12:07:03 {bruce} second break attempt failed
10/26/07 12:07:07 {Threei} that was all 11, not 10
10/26/07 12:07:12 {bruce} may even be short candidate now
10/26/07 12:09:33 {bruce} bidu going north w qs going shouth mags
10/26/07 12:10:12 {markweb} QID long?
10/26/07 12:10:55 {bruce} cfc
10/26/07 12:11:56 {Threei} mark, I can't read NQ here
10/26/07 12:12:03 {markweb} ty
10/26/07 12:12:04 {Threei} no rhyme or reason
10/26/07 12:12:11 {magoo} what mbruce?
10/26/07 12:13:45 {bruce} thought you were commenting on bidu and qs running in same direction mags
10/26/07 12:15:20 {Threei} look who woke up again
10/26/07 12:15:22 {Threei} ARTG
10/26/07 12:16:26 {bruce} + 23 just shorting cfc
10/26/07 12:16:37 {bruce} thanks dino - learned that from you
10/26/07 12:19:55 {dino} cpla s .95
10/26/07 12:23:03 {dino} yrcw
10/26/07 12:23:34 {bruce} sheesh - sufered from premature exit w cfc
10/26/07 12:28:26 {dino} hmmmm, not really sure what to say to that, :)
10/26/07 12:30:10 {magoo} bruce, u right, seems to have disconnected a bit here
10/26/07 12:31:43 {bruce} yep bidu and qs in diferent packs at moment
10/26/07 12:33:00 {markweb} stop on cpla, dino?
10/26/07 12:34:14 {Threei} decent pofit-taking ESLR
10/26/07 12:36:07 {bruce} that you dumping yur 50 k lots vad?
10/26/07 12:36:21 {Threei} me in coma
10/26/07 12:36:58 {bruce} oh?
10/26/07 12:37:15 {dino} mdca stopped ave .62, +.35
10/26/07 12:37:16 {bruce} probably still counting your nigerian money
10/26/07 12:37:30 {Threei} and Ivory coast
10/26/07 12:37:33 {bruce} nice ofyou to come in to chat to say hi to us the3se days
10/26/07 12:37:49 {dino} cpla mark stop .21, eod
10/26/07 12:38:00 {Threei} hey... I call stocks too!
10/26/07 12:38:13 {bruce} you sure do - keepit up!
10/26/07 12:38:36 {markweb} ty
10/26/07 12:38:52 {bruce} yrcw short here dino?
10/26/07 12:39:16 {dptl} have a good weekend everyone.....see ya monday.:)
10/26/07 12:39:27 {bruce} have a good one dp
10/26/07 12:39:33 {dino} u2 dp
10/26/07 12:40:03 {dino} reading my mind bruce, but waiting
10/26/07 12:40:38 {Threei} take care dp
10/26/07 12:40:40 {dino} hmmm glad i waited
10/26/07 12:40:53 {dino} crack you up my order is at .73
10/26/07 12:41:18 {bruce} k - was thinking breakdown below .90
10/26/07 12:42:06 {dino} 27.73 i mean
10/26/07 12:42:22 {bruce} got you - its not done yet
10/26/07 12:42:46 {dino} who knows, anything can happen. but if it gets there, well then....
10/26/07 12:43:25 {dino} ctrp spike
10/26/07 12:44:07 {dino} yrcw 27.50, 30k wall, so will hit it lower
10/26/07 12:48:22 {dino} missed it
10/26/07 12:48:39 {dino} usna
10/26/07 12:56:09 {dino} yrcw s .14
10/26/07 12:58:43 {Threei} okay guys, thank you all
10/26/07 12:58:51 {Threei} have a good weekend
10/26/07 12:58:56 {Threei} see you on Monday
10/26/07 12:59:17 {bruce} you too vad
10/26/07 12:59:25 {bruce} thanks for all the coaching
10/26/07 13:00:12 {dino} cya vad
10/26/07 13:00:18 {bruce} tgif
10/26/07 13:00:24 {bruce} time to open a beer
10/26/07 13:01:32 {bruce} see everyone monday
10/26/07 13:02:10 {dino} cov cpla .98, -.03
10/26/07 13:02:18 {dino} cov yrcw .26-.12
10/26/07 13:03:00 {dino} thx all, appreciate the ideas
10/26/07 13:03:11 {dino} magoo, grad a brew

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