Friday, January 18, 2008

January 18, 2008

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

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

[05:11] {Threei} 8 am, and they are out in full force... no rest for wicked indeed:
[05:11] {Threei} FED'S LACKER: BUSINESS SPENDING SLOWDOWN MAY UP RECESSION ODDS, MUST ADDRESS OTHER INFLATION, NOT JUST CORE
[05:11] {Threei} - economic growth could be slow in coming months; - Economic Growth To Be 'Very Weak' For Several Months
[05:11] {Threei} - Further easing 'quite possible'
[05:11] {Threei} - Higher inflation trend could complicate Fed policy
[05:11] {Threei} - Must keep overall inflation anchored, not just core rate
[05:11] {Threei} - Expects moderate job growth in 2008
[05:21] {Threei} US TREASURY SECRETARY PAULSON: THE US ECONOMY HAS SLOWED DOWN, -RISKS ARE TO THE DOWNSIDE - WIRE CITING TV INTERVIEW
[05:21] {Threei} - Opposes moritorium on mortgage foreclosures
[05:21] {hawkfan4} they never sleep
[05:22] {Threei} - Higher inflation trend could complicate Fed policy... and ... plan to get money into economy this year
[05:24] {Threei} THE GUARDIAN is scared:
[05:24] {Threei} - "Here are a few facts we learned about the US yesterday: housing starts in December hit their lowest level in 16 years and the property market "appears to be in freefall", according to the boss of the Cleveland Federal Reserve. If housing starts fall another 20%, the position will be the worst since record-keeping began in 1959."
[05:24] {Threei} - "The futures market, having heard the Fed chairman, Ben Bernanke speak, thinks there is a 44% chance that interest rates will be cut by 0.75 percentage points at the end of this month, something that has not happened in decades."
[05:24] {Threei} - "Now here's the really scary bit: Merrill Lynch's ghastly fourth-quarter figures included a $3B write-down "related to the firm's hedges with financial guarantors." The prose may be drab, but the meaning is electric: Merrill is saying that insurers who have written guarantees for certain bonds may not be good for the money."
[05:33] {Threei} Nuggets of wisdom continue pouring in:
[05:33] {Threei} FED'S LACKER: SOMETIMES THERE IS AN UNPREVENTABLE DECLINE IN GROWTH
[05:33] {hawkfan4} lol
[05:33] {Threei} I need Raven's reassurance...
[05:34] {Raven} incredible
[05:34] {Raven} pathetic
[05:34] {Threei} I feel grossly inadequate at times when so much wisdom ios being given from high above to unworthy me, and for free
[05:35] {Raven} it ain't free ... we're paying the salaries of these turkeys
[05:35] {Threei} amnot
[05:35] {Threei} am across the border
[05:35] {Raven} damb Canuk
[05:35] {Threei} free for me
[05:35] {Raven} eh ?
[05:36] {Threei} unless you consider disdusting CAD/US exchange rate my form of payment
[05:36] {Raven} sort of
[05:36] {cosmo} hmm ...maybe a good time to bye
[05:37] {Threei} btw, younder worthy proceeded to say:
[05:37] {Raven} bye ?
[05:37] {cosmo} cell?
[05:37] {Threei} FED'S LACKER: STIMULUS PLAN CAN SOMETIMES HELP RESTORE GROWTH - Q&A- ' Says We pay attention to the USD alot', as lower dollar provides some inflation boost
[05:37] {Raven} sigh
[05:37] {cosmo} agree
[05:37] {Raven} cold ... 14F
[05:38] {Threei} not as cold as in my former habitat... - 40 F
[05:38] {Raven} ouch
[05:38] {cosmo} 40F here .. i think
[05:39] {Raven} cosmo in paradise
[05:39] {Threei} Bobby Fischer died
[05:39] {Raven} yes
[05:40] {Threei} hey, he isn't done yet:
[05:40] {Threei} - Notes not troubled by foreign investment in US banks and financials, expects more, reiterating Fed speak
[05:40] {Threei} why would he be troubled by that?
[05:40] {Threei} it's investors who should be
[05:40] {Threei} I mean, if you give me 10 mil, would I be troubled?
[05:40] {Threei} not in the least
[05:40] {Threei} should you?
[05:41] {Threei} by all means
[05:41] {Raven} and you would be gone in an instant
[05:41] {Threei} faster
[05:41] {Raven} lol
[05:41] {Threei} that would go like that:
[05:41] {Threei} you make a transfer, then click Reload Page,
[05:41] {Threei} before it refreshed, me is so gone
[05:42] {Threei} you pick up the phone and call me,
[05:42] {Threei} guess what you hear?
[05:42] {Threei} Number not in service
[05:42] {BillyD} morning RT :)
[05:42] {Raven} but you could stay here .... invest the $10M ... turn it into $1M
[05:42] {Threei} Billy :)
[05:43] {Raven} hi BD
[05:43] {Threei} you e-mail, autoresponder says "returned, mailbox non-existent"
[05:45] {cosmo} SWKS
[05:45] {Threei} frikin IBM
[05:45] {Threei} we needed this gap up as rabbit needs STD
[05:48] {BillyD} anything worthy this morning so far....don't see much
[05:49] {Threei} don't rush billy, we have all day to find all that is not worthy
[05:49] {BillyD} :)
[05:49] {Threei} be back in 5... don't buy all IBM there is while I am gone
[05:49] {dino} gm all
[05:50] {BillyD} dino :)
[05:51] {cosmo} SGEN public offering of $10M @ $9/sh
[05:51] {cosmo} 9.35 pre mkt recovery high ..fwiw
[05:52] {dino} gm bd
[05:54] {Threei} dino :)
[05:58] {Threei} FED'S LACKER: LOWERED GROWTH FORECAST SINCE DEC EMPLOYMENT REPORT, MORE INCLINED TO CUT RATES -Q&A COMMENTS- Notes inflation is still higher than he would like and Fed should not ignore it, not worried about over shooting on rate cuts
[05:59] {dptl} good morning all
[05:59] {Threei} dp :)
[06:03] {esemde} morning rt's
[06:03] {Threei} ese :)
[06:03] {esemde} when does the schrub....or is that Bush give his highlight package speech today?
[06:04] {dino} just short it es
[06:04] {esemde} ok...can do
[06:09] {bruce} acor looks potentially poised for breakout
[06:14] {esemde} has to be some kind of technical bounce at least in the market......every stock that i'm looking at has had the crap kicked out of it
[06:14] {esemde} brutal looking charts
[06:17] {magoo} morning, running a lil late w/snow
[06:17] {Threei} mags :)
[06:18] {bruce} throws a snowball at mags
[06:18] {esemde} magoo
[06:18] {Threei} yes ese, but being too early in attempts to find a bottom will kill many
[06:19] {Threei} market can stay irrational longer than one can stay solvent
[06:19] {Threei} and usually does
[06:19] {esemde} indeed....
[06:19] {esemde} sure has been interesting to watch
[06:20] {esemde} to be honest...kind of scares the ...you know what out of you
[06:21] {dino} back in 30
[06:21] {Threei} only that first time you see this kind of meltdown
[06:22] {Threei} as you learn to stay mostly on a sideline during such emotional times and pick up only those crumbs you can read clearly, you find it rather enetrtaining and very reassuring,
[06:22] {Threei} world is bleeding, you are scalping your little plays here and there
[06:23] {esemde} true
[06:23] {Threei} world loses billions, you make your modest hundreds
[06:23] {lumdus} gm all. what's the futures at ?
[06:23] {magoo} u watching solf csiq vad?
[06:23] {Threei} evryone says "ouch, this is cruel", you say "ugh, really/"
[06:23] {esemde} lum +17 for S&P's
[06:23] {Threei} NQ is +18.5 lum
[06:24] {lumdus} tks. nice rebound hre
[06:24] {Threei} yes mags, this group seems to be destined to recover big when market pressure is easing finally
[06:24] {esemde} maybe.....should tank when bush does his thing
[06:24] {Threei} yeah, this rebound to me is nothing but agony prolongation
[06:26] {Threei} don't forget guys, this is friday before the long weekend
[06:26] {esemde} what time...our time does he do his speech
[06:26] {esemde} this is a long weekend for the Market Vad
[06:26] {Threei} not sure ese
[06:27] {Threei} yes
[06:27] {Threei} STOCK MARKETS IN FREE FALL: SEMANTICS OF A BEAR MARKET- "A bear market is a fall of 20% that was preceded by a rise of 20%," says Bespoke Investment Group. "Currently, the bears are one for five, with the Russell 2,000 falling into bear market territory today. The Nasdaq looks to be the next to go if we don't get a turnaround real soon. The tech-heavy Nasdaq is now 18% below highs reached on October 31st and has just 2% to go on the downsid
[06:27] {Threei} The S&P 500, DJIA and Russell 1,000 are all about 15% off their highs. With the free fall we're in now, we could easily be five for five by the end of January."
[06:28] {Threei} IBM at some point should be a short
[06:28] {Threei} not rushing in, this is kind of "too obvious"
[06:28] {Threei} so hopefully qwe can find the moment when it kills early pessimists
[06:29] {Threei} then profit from reality setting in
[06:31] {Threei} see this somewhat uncharacteristic volatility on IBM?
[06:32] {BillyD} yes, some drop
[06:32] {Threei} good sign of emotions running high, and early birds getting killed
[06:32] {BillyD} yeah, 1pt in one sec
[06:32] {BillyD} bids disappeared
[06:32] {Threei} this dollar between 105.5 and 104.5 was not a normal trading by any means
[06:33] {Threei} on both sides
[06:33] {BillyD} no
[06:33] {BillyD} especially for a thicker stock
[06:33] {Threei} yes
[06:33] {Threei} small shares short under .80
[06:33] {Threei} stop above 106
[06:34] {Threei} no aggressive entry between those levels
[06:35] {Threei} got .75, just 200 shares
[06:36] {lumdus} i thought futures where hire
[06:36] {magoo} long fslr .70 small 300 sh
[06:36] {BillyD} out IBM + .33
[06:36] {Threei} out +.50
[06:36] {BillyD} too sooon
[06:37] {BillyD} ty Vad
[06:37] {Threei} welcome
[06:37] {Threei} what rpice did you get?
[06:37] {BillyD} took 1/2 on first drop at .46
[06:37] {BillyD} .80
[06:37] {magoo} arca good today? have hidden
[06:37] {Threei} no, I mean on entry
[06:37] {Threei} oh
[06:37] {Threei} good fill
[06:37] {BillyD} when I saw bid drop I hit it
[06:38] {BillyD} order was at .76 I think
[06:38] {Threei} I had .70 limit, got just 200 at .75 and nada after that
[06:38] {BillyD} it got squirrely there after first drop
[06:39] {cosmo} swks
[06:39] {cosmo} 8 test
[06:40] {cosmo} gee
[06:45] {Threei} IACI
[06:45] {Threei} short .30 half lot
[06:45] {Threei} .51 stop
[06:46] {BillyD} it triggered right
[06:46] {Threei} yes
[06:46] {BillyD} ok in .34
[06:48] {BillyD} stubborn here
[06:50] {Threei} the stubborner they are the gooder they behave when/if they give in (I can hear raven groaning)
[06:50] {BillyD} lol
[06:50] {Raven} {}
[06:52] {lumdus} "the gooder". he hee
[06:53] {bruce} why .50 for stop vad - looks like .45 would have been enough
[06:53] {Threei} let's trail to .46 now
[06:54] {bruce} k - gooder by me
[06:55] {Threei} IACI becomes deader by minute
[06:56] {Threei} stop to .41
[06:56] {Threei} couldn't break .40 earlier so let's play it by the book
[06:57] {Threei} I am not about to yield any single cent to the enemy today
[06:58] {BillyD} how's arca...I have it turned off
[06:58] {Threei} so far so good
[06:58] {BillyD} ty
[06:59] {bruce} ibm looks to be setting up for another drop
[06:59] {Threei} out
[06:59] {dptl} stopped too
[07:00] {bruce} likewise - just my luck - missed ibm got stopped iaic
[07:00] {Threei} DEC LEADING INDICATORS: -0.2% V -0.1%E
[07:00] {Threei} *JAN PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 80.5 V 74.5E
[07:01] {Threei} look at NQ jump
[07:01] {BillyD} yeah, didn't help us
[07:01] {Threei} that's illustration to the point I made a day ago
[07:01] {Threei} shorting downtrend in bear market is not the same as going long in uptrend in bull
[07:02] {esemde} how do you mean Vad?
[07:02] {Threei} why would confidence be so much higher than estimate?
[07:02] {Threei} well, downtrend in bear market is getting interruopted more often
[07:02] {Threei} and spikes are quite violent
[07:03] {esemde} which means there is a turnaround coming
[07:03] {Threei} not necessary
[07:04] {bruce} we should be gettign some nice big downdrafts
[07:04] {Threei} it's just that: bear markets are tougher to trade even for those who are comfortable with shorting
[07:05] {Threei} more shakeouts
[07:05] {esemde} OK....i get it
[07:07] {dino} sm l gs 191.45
[07:07] {Threei} keep ARCA off Billy... bs started :)
[07:07] {BillyD} sheesh, ARCA sticking
[07:07] {BillyD} lol
[07:07] {magoo} yeah..i hid it AGAIN
[07:07] {magoo} rewally screws u up
[07:08] {BillyD} especially in these real volatile ones
[07:08] {Threei} 11:50 for the speech TV said
[07:08] {Threei} EST
[07:08] {cosmo} speech?
[07:09] {Threei} ummm... toast?
[07:09] {Threei} AAPL
[07:09] {Threei} small shares long .75
[07:09] {Threei} stop under .50
[07:10] {BillyD} it trigger?
[07:10] {bruce} stpped aapl
[07:10] {Threei} and went to .90 after that
[07:11] {BillyD} ok, by time I pull up....it's hard to tell sometimes
[07:11] {dino} gs stop to b/e
[07:13] {dino} out gs 192.50, +1.05
[07:16] {Threei} XLNL short under 21
[07:16] {Threei} half lot
[07:16] {Threei} 21.06 stop
[07:16] {Threei} sorry, 21.04
[07:17] {lumdus} xlnl .. no quotes for that damm !
[07:17] {Threei} XLNX
[07:18] {BillyD} blinked, it broke and missed it
[07:18] {BillyD} good setup
[07:19] {dptl} yes same here Bd
[07:19] {bruce} me too guys
[07:19] {bruce} should work out fine since I missed it
[07:19] {lumdus} try again .. close enough
[07:19] {Threei} what limit did you use?
[07:19] {BillyD} .97
[07:20] {dino} lol bruce
[07:21] {bruce} sheesh dino - lost on every trade but one yesterday
[07:22] {dino} yesterday is dead, bury it or it'll stink of the place
[07:22] {dino} up=of
[07:25] {BillyD} cosmo...you watching SWKS
[07:26] {cosmo} 8.24 hod
[07:26] {BillyD} is it strong for a b/o if triggers
[07:26] {BillyD} don't know it's behavior
[07:26] {cosmo} watch the 8.20 test
[07:27] {BillyD} k, thx
[07:27] {cosmo} then decide
[07:28] {esemde} i'm watching SWKS Billy ....was thinking long
[07:28] {esemde} at .20
[07:29] {BillyD} if it holds here and goes maybe then.....can't seem to find much confidence in stocks doing what is expected either way so far
[07:29] {esemde} what would you look for at the .20 test cosmo
[07:29] {lumdus} nvda
[07:30] {dino} xlf l .90, stop lod
[07:30] {Threei} CSIQ, .45 long if holding above .20
[07:30] {Threei} C&H
[07:31] {lumdus} nvda nasty pullbacks ouch
[07:31] {cosmo} increased pace of activity and a melting wall would be a sign
[07:31] {cosmo} i think
[07:33] {lumdus} csiq stop ?
[07:33] {Threei} [10:30] {Threei} CSIQ, .45 long if holding above .20
[07:33] {lumdus} it trigger no ?
[07:33] {esemde} thanks cos...
[07:34] {Threei} sigh
[07:34] {lumdus} damm.
[07:35] {cosmo} XLNX again?
[07:35] {Threei} not sure
[07:36] {esemde} long SWKS agressive entry 8.14 half lot
[07:36] {BillyD} CSIQ true to form....lol
[07:36] {esemde} stop .94
[07:37] {dino} spwr l sm .75 wide
[07:38] {dino} xlf stopped .85 -.05
[07:39] {dino} spwr stopped -.65
[07:40] {dino} rinsed spwr
[07:40] {lumdus} yeah, csiq took my profit for the day. what a nasty one.
[07:40] {Threei} KLAC .71 long , stop under .60
[07:41] {Threei} how many shares of it did you play??
[07:41] {esemde} OK have a question..if I wanted to add another 1/2 lot to swks should i do it on a dip or as it breaks the high
[07:42] {esemde} is one method better than the other....
[07:42] {dino} dk es, i never add
[07:42] {Threei} not really... they are just different, personal preference
[07:43] {lumdus} csiq 1k
[07:43] {Threei} you are kidding
[07:43] {lumdus} no, i am not. what should i do ?
[07:43] {Threei} do you regulate your shares size depending on stock's volatility?
[07:44] {lumdus} yes, that is 1/2 lot
[07:44] {BillyD} hehe
[07:44] {esemde} SWKS top line 11% growth 26% sequential income growth.....just thought it might be worth it on this one
[07:44] {Threei} let's try it other way... what's your max loss on any given trade?
[07:44] {esemde} first time i've looked at fundamentals on a stock for a long time
[07:45] {dino} don't do it es
[07:45] {Threei} ese is slipping in abyss...
[07:45] {BillyD} rofl
[07:45] {dino} push him vad, end his misery
[07:46] {Threei} lol
[07:46] {esemde} al right...alright....but i'm in gambling mood this morning....i'm warning you....no trades for the last 4 days....
[07:47] {dino} missed a good week es
[07:47] {esemde} have a hook on trigger finger...too pull it away
[07:47] {esemde} i'm getting that impression dino...but i wanted to watch you alll
[07:47] {Threei} the biggest irony of this dialog is, paying attention to fundamentals is being labeled as gambling
[07:47] {dino} roflol
[07:48] {esemde} i agree with that
[07:48] {cosmo} SWKS needs to hold 8 ... a fundamental trading concept for me
[07:48] {cosmo} ... it should hold 8.05 ...imho
[07:49] {dino} reading is fundamental cos
[07:49] {esemde} volume is good +%230 i think it will...
[07:49] {dino} twin l .50, stop .18
[07:49] {Threei} lum?
[07:50] {lumdus} yes,
[07:50] {Threei} let's get to the bottom of this risk control thingy
[07:50] {lumdus} max loss.. i don't have any
[07:50] {Threei} back to MPP then, risk control part
[07:50] {Threei} read how it's calceulated and do it,
[07:50] {dino} what the? twin careful gaps
[07:50] {Threei} that will protect you from situations like this
[07:51] {esemde} SWKS looking like classic trade from Vads Tech of Tape reading p.125
[07:51] {lumdus} let's do this a little alter maybe.. i want to watch something
[07:51] {esemde} duplicate as a matter of fact
[07:52] {Threei} I already said what you need to do lum, do it at your convinience
[07:53] {lumdus} yes, i read it. I was up for the day +.85 and csiq i managed wrong and blew me out. that's just a mistake. no loss for the day, so i am managing the risk.
[07:53] {cosmo} swks 8.05 testing support
[07:53] {esemde} needs sp/nq help
[07:54] {dptl} stopped klac
[07:54] {cosmo} swks patiently waiting for mkt up-turn
[07:54] {bruce} stopped klac
[07:55] {lumdus} short btu
[07:55] {esemde} where is your buy poin t cos if it turns up
[07:55] {lumdus} is the market less volume today ?
[07:57] {cosmo} hmm .... 8.15, if it has good pace
[07:59] {cosmo} nah... right here ...with a stop at 8.04 ... who knows?...
[07:59] {BillyD} blk on SWKS ...lets see what it does
[07:59] {esemde} cos is that a buy or sell for 152K at .10 couldn't tell
[08:00] {esemde} tks billy didn't see your post
[08:00] {BillyD} another one
[08:00] {BillyD} wait and see
[08:00] {esemde} huge blks...huge
[08:00] {BillyD} could be distribution and not much change
[08:00] {cosmo} me neither...
[08:01] {esemde} is there a way to tell
[08:01] {cosmo} time and sales chart
[08:01] {cosmo} ... that's not moving too fast
[08:01] {dino} adlr
[08:01] {Threei} sometimes there is ese, not in this case
[08:01] {magoo} i been on phone last 30...did klac trigger and fall back..or still valid setup?
[08:02] {Threei} leave it alone mags
[08:02] {magoo} well, actuall now looks to be invalidating
[08:02] {magoo} ok, my fault, tenant issues grrrrrrrrrrr
[08:02] {Threei} market does its best today to stop both shorts and longs
[08:03] {BillyD} [08:29] {BillyD} if it holds here and goes maybe then.....can't seem to find much confidence in stocks doing what is expected either way so far
[08:03] {BillyD} ditto Vad
[08:04] {lumdus} yeah, either way you can get stopped today.
[08:04] {Threei} QID aggressive long somewhere here
[08:04] {magoo} vad, u or me on u know what
[08:04] * Threei slaps LaserDave1 around a bit with a large trout
[08:04] {Threei} your turn
[08:04] * magoo slaps LaserDave1 around a bit with a large trout
[08:05] {Threei} NQ breakdown of 1870 should do the trick for QID
[08:06] {Threei} broke
[08:06] {Threei} out .51
[08:07] {BillyD} gj
[08:07] {Threei} finally some follow through
[08:08] {esemde} nice teach....
[08:08] {dino} ehth
[08:08] {esemde} huge wall seems like on SWKS at .10/,11
[08:09] {esemde} why would abreakdown of nq sen QID up Vad
[08:10] {Threei} QID is opposite tracking of NQ
[08:10] {Threei} goes up when NASDAQ dowen, and visa versa
[08:11] {Threei} just the way to play NASDAQ without actual futures
[08:11] {Threei} to me, more convinient than QQQQ
[08:12] {esemde} didn't know that.....so are those shares short in QID
[08:12] {Threei} yes, that's why it moves in inverse relation to nasdaq
[08:13] {dino} two times es
[08:14] {esemde} don't get that 2x's
[08:14] {magoo} qqq moves dime up...qid moves .20 down
[08:15] {BillyD} it's a matter of volume
[08:15] {dino} and down we go
[08:15] {BillyD} more stable liquidity on QQQQ for larger traders imo
[08:15] {dino} ok just about a 200 pt range, need the 300 average
[08:15] {esemde} ok i get it.....
[08:16] {esemde} so right now ...huge bet market is heading down
[08:17] {Threei} I look at it differently ese
[08:17] {Threei} market goes down, so QID as a short tracking device goes up
[08:17] {magoo} problem i see is this...one of these days this mkt gonna have a FEROCOUS rally up 500 points
[08:17] {magoo} not saying more than day or two...but its gonna kill shorts
[08:18] {magoo} spell check raven lol
[08:18] {magoo} FEROCOUS rally up 500 points
[08:18] {magoo} [11:17] {mago
[08:18] {magoo} FEROCOUS
[08:18] {Raven} not
[08:19] {Threei} why is it a problem mags? you have so much sympathy for shorts?
[08:19] {magoo} no, i just do not wanna get caught short
[08:19] {magoo} its coming.today, tues wed its coming soon
[08:19] {magoo} magoostradamas
[08:19] {BillyD} stop loss is all you need
[08:20] {dino} de sm l .00
[08:20] {BillyD} wiseman hehe
[08:20] {BillyD} seer
[08:20] {bruce} bg dino
[08:20] {magoo} ah billy..my visions are of spikes so violent no stop can save u he he
[08:20] {BillyD} ROFLOL
[08:20] {dino} dk
[08:21] {magoo} spikes of magnatude man has never seen
[08:21] {patience} dino, is the beer fridge open already?
[08:21] {magoo} me and dino hit the bar last nite
[08:21] {magoo} HARD
[08:21] {magoo} but hey, we mics
[08:22] {bruce} de stop to 78.50 or so dino?
[08:22] {dino} lol patience
[08:22] {dino} y bruce
[08:22] {esemde} so theoretically you can short the shorts with QID
[08:22] {bruce} thanx
[08:22] {magoo} now es confusing magoo
[08:23] {Threei} was so tempetd by QID at .60
[08:23] {Threei} and decided it was likely to pullback more
[08:24] {dino} sorry bruce too soon
[08:24] {dptl} i got .66 and out .86
[08:24] {bruce} sheesh
[08:24] {bruce} maybe worth try at 78 again?
[08:25] {dino} frigging rinses today, have to go smaller
[08:25] {bruce} k
[08:26] {Threei} firther breakdown should follow guys
[08:26] {Threei} this is not over
[08:26] {magoo} make the call vad...u got the ball
[08:26] {bruce} .37 waqs lod on de from yesterday
[08:26] {bruce} sure enough - bounced there
[08:27] {Threei} in
[08:27] {Threei} .75
[08:28] {dptl} out +.10
[08:29] {dino} like a double bottom from yesterday
[08:29] {magoo} nice quick scalp dp
[08:29] {bruce} yep
[08:29] {dptl} ty
[08:30] {dino} gj
[08:31] {dptl} lucky
[08:31] {Threei} ugh, missd new entry
[08:32] {BillyD} yes
[08:32] {BillyD} I didn't pull trigger
[08:32] {Threei} Bush tv
[08:32] {bruce} that a new channel?
[08:32] {Threei} lol
[08:32] {dptl} lol
[08:34] {dptl} swks short?
[08:35] {dino} i said short him
[08:35] {dino} dji wants 12,041
[08:36] {bruce} not sure
[08:36] {bruce} is bush tv gardening or one of mags porn channels?
[08:36] {lumdus} ibm going now sheesh
[08:36] {dino} oh boy
[08:37] {bruce} long ibm on 104 break dino?
[08:37] {lumdus} maybe 104.10 break
[08:38] {cosmo} i think its a nascar channel bruce ... i think
[08:38] {bruce} good idea lum
[08:39] {lumdus} i am just scalping for +.15 and i am out. recovering nicely in my portfolio
[08:39] {lumdus} xlxn watching for long
[08:40] {Threei} speech is over, market is not impressed
[08:40] {dptl} swks?
[08:41] {Threei} no read by me
[08:41] {dptl} ok
[08:41] {cosmo} done for the day
[08:41] {cosmo} swks
[08:41] {lumdus} what happened cosomo ?
[08:41] {cosmo} swks is in a coma
[08:42] {bruce} big dump ibm - you were on money to wait for break confirmation
[08:42] {lumdus} i actulaaly shorted it
[08:42] {lumdus} got +.45 but something screweey with my quotes today.
[08:43] {cosmo} hmm ...well, you prolly wont get hurt..
[08:43] {bruce} good play
[08:44] {bruce} what was short signal to you?
[08:44] {lumdus} couldn't pass .10
[08:45] {lumdus} watching amzn long
[08:45] {bruce} spwr dino
[08:45] {lumdus} if i could get it close to .50 i happy
[08:47] {dino} dk bruce, just kindda watching things
[08:48] {Threei} anyone got QID for this NQ drop?
[08:49] {esemde} Not I ....but i'm off for the weekend take care...
[08:50] {dptl} was thinking at .51 but no
[08:50] {Threei} take care ese, see you on Tusday
[08:50] {esemde} gonna take my 30}00 loss in SWks and be off
[08:50] {dino} later es
[08:50] {magoo} not i ..after ES..don't know how to play it anymore he he
[08:56] {Threei} [11:26] {Threei} this is not over
[08:56] {Threei} I'd say this is so not over
[08:57] {Threei} bounce time now
[08:57] {Threei} and down again
[08:57] {dino} see my 11:35 post
[08:57] {bruce} ndaq looks weak - any read vad?
[08:59] {Threei} short somewhere close to 37
[09:03] {dino} well i was off by 9
[09:09] {Threei} one more little spike, and down again
[09:10] {dino} ndx is green fwiw
[09:11] {dino} de off of .50
[09:11] {BillyD} timing these turns is tedious
[09:11] {Threei} finger on a trigger
[09:12] {Threei} i .83
[09:12] {Threei} in
[09:12] {lumdus} in what ?
[09:12] {Threei} QID
[09:13] {Threei} .74 stop
[09:13] {dino} logi spike
[09:16] {Threei} out .95
[09:16] {bruce} stopped ndfaq
[09:17] {BillyD} Vad, were you just playing it for a 1:1 scalp
[09:17] {dptl} out +.10 ndaq
[09:17] {Threei} originally no, but lost confidence as it jerked around too much
[09:18] {BillyD} ok,. I was thinking more ended up out flat at .85
[09:18] {BillyD} trading this thing is split second decision/execution
[09:18] {Threei} not always... but with this market action, yes
[09:19] {Threei} QID available for shorting again
[09:20] {Threei} can play both directions
[09:20] {dptl} it's wierd sometimes bids and offers disapiring with no trades
[09:21] {BillyD} yeah, looks thick and then no more...and don't see it on T&S
[09:21] {dptl} and few levels gone
[09:22] {dptl} gotta be really fast
[09:22] {bruce} de stop about 77 dino?
[09:22] {BillyD} it seems stocks are very volatile or a turtle
[09:22] {dino} .99
[09:23] {dino} it seems to be getting stronger
[09:23] {lumdus} yeah, i just need to figure out which way to be on and make the money. right now flaaat as a horse
[09:23] {dptl} Vad that arca issues ......is that arca prob itself or genesis?
[09:24] {lumdus} dpt, my quotes get screwey today. not sure who it is
[09:24] {dino} vad is your problem
[09:24] {Threei} with EDGX it was EDGX... ARCA, not sure, but by the way it goes, seems it's on ARCA side
[09:24] {LaserDave1} Hey guys
[09:24] {BillyD} hey dave
[09:24] {LaserDave1} there are issues with Arca
[09:25] {LaserDave1} many firms have these issues with ARCA tight now
[09:25] {dptl} ok ty
[09:25] {dino} sigm hod
[09:25] {LaserDave1} Genesis is currently putting in new lines a different way to ARCA
[09:25] {lumdus} why is wm running ?
[09:25] {LaserDave1} they should be finished next week
[09:25] {LaserDave1} and ARCA should be awesome with laser again
[09:25] {magoo} hi dave
[09:26] {LaserDave1} if you use laser
[09:26] {LaserDave1} it will be good
[09:26] {BillyD} BTW dave Laser is awesome
[09:26] {dino} de to b/e bruce
[09:26] {bruce} thanx dino
[09:26] {LaserDave1} thanks Billy appreciate it
[09:26] {LaserDave1} it will even be much better once the ARCA issue is taken care of
[09:26] {BillyD} so is LaserDave 1 :)
[09:26] {lumdus} wm !!!@
[09:26] {LaserDave1} ha
[09:26] {LaserDave1} thanks bro:)
[09:26] {BillyD} lol
[09:27] {dino} all luvie dovie today
[09:27] {LaserDave1} ok guys
[09:27] {LaserDave1} group hug time
[09:27] {bruce} out de +.45
[09:27] {BillyD} lol
[09:27] {dino} gj bruce
[09:27] {lumdus} out wm +.42
[09:28] {dino} wtg
[09:28] {bruce} thanx dino
[09:28] {bruce} need some wins
[09:28] {Threei} I am sorry, I just have to chime in here
[09:29] {dino} one bad day bruce, thats all, shake it off. i was negative on wed.
[09:29] {dptl} swks hod
[09:29] {Threei} what is so awesome, I am asking for years to add this feature
[09:29] {Threei} "do not execute losing trades"
[09:29] {Threei} and still can't get them do it
[09:30] {dino} hard wire thing vad
[09:30] {BillyD} I was so happy for a brief while :(
[09:30] {lumdus} wm still going dammit !
[09:30] {Threei} WM takeover chatter
[09:31] {lumdus} shoot i got out too quick
[09:32] {magoo} i have a real estate apptnmt @ 12:45..be back after that in hour
[09:32] {magoo} DO NOT..I REPEAT...DO NOT make any winning trades without magoo lol
[09:33] {lumdus} xlnx might do it
[09:34] {bruce} thanx dino
[09:34] {bruce} hey mags
[09:34] {bruce} be sure to share
[09:34] {bruce} lol
[09:36] {dino} ipcs a bit of blood
[09:36] {dino} out de .00, +.50
[09:37] {lumdus} xlnx either your move now .. or i sell you :)
[09:38] {bruce} congrats dino\
[09:38] {BillyD} you tell'em lum
[09:38] {lumdus} now he got to listen .. you know,
[09:38] {lumdus} s bud
[09:38] {bruce} sigm short here dino?
[09:39] {dino} y
[09:39] {dino} stop wold be hod
[09:40] {lumdus} what an active lunch hour
[09:40] {lumdus} common bud, go down and then i drink some for you ok ?
[09:40] {bruce} missed
[09:42] {bruce} klac short dino?
[09:42] {bruce} forget it - not enough range
[09:43] {dino} dk
[09:44] {lumdus} by the time i could decide which way i guess the market going it already went.
[09:44] {lumdus} amazing to watch this kind of stuff
[09:55] {lumdus} back in wm
[10:01] {dino} markets in limbo
[10:02] {patience} no kidding, i'm in one trade waiting for the squeeze of the shorts
[10:02] {lumdus} yeah, the only one who can make money is dave on commission
[10:03] {dino} lol
[10:04] {dino} sm l ipcs .70
[10:15] {lumdus} s pep
[10:16] {lumdus} .65 s pep
[10:17] {lumdus} out +.30
[10:19] {lumdus} damm. i left 1/2 of it
[10:19] {Threei} looking to short QID for s caklp
[10:20] {Threei} in
[10:20] {Threei} .15 stop
[10:22] {dino} ipcs stopped ave .54, -.16
[10:23] {lumdus} 3i, with pep i had .30 profit and ran and now.. damm could get another .50 - did i do something wrong or take your chances
[10:24] {Threei} just a personal choice... there is no way in this volatility to tell what is going to continue and what will bounce right back
[10:24] {BillyD} QID stopped me
[10:25] {lumdus} ok, as long as i am not mi-trading tx
[10:25] {bruce} short in qid based soley on nq vad?
[10:25] {bruce} nice small stop there dino
[10:26] {bruce} was afraid of that one since it was so thin
[10:29] {dino} me too
[10:30] {bruce} I actually bid - then chickened out and cancelled
[10:30] {bruce} cluck
[10:30] {bruce} cluck
[10:30] {patience} that's ok bruce.....today is a tough day to trade
[10:30] {bruce} thanx patience
[10:30] {bruce} they all are for me
[10:31] {lumdus} yes, crazy tuff. no follow thru jerking me all day here ..
[10:32] {bruce} we missed hig dino
[10:32] {bruce} had a nice recovery
[10:32] {BillyD} Vad, on QID...did you take a quick small scalp on it
[10:32] {BillyD} in mid in .96 area earlier
[10:32] {Threei} 1 sec
[10:32] {Threei} done
[10:32] {Threei} no, got stopped and reentered
[10:33] {BillyD} ok
[10:33] {bruce} sigm hod
[10:33] {Threei} should have taken that scalp you mentioned, it was at 1:1
[10:33] {Threei} missed cover due to outside distraction
[10:33] {BillyD} yeah, but geez you think it would have given us a little more
[10:34] {lumdus} any chance of a nice rebound .. h
[10:34] {Threei} second time around it looked more confident
[10:34] {Threei} first was in the same jerky jerkty department
[10:34] {BillyD} yes, gonna be a bit more patien here
[10:34] {BillyD} we were on the cusp on first one
[10:35] {Threei} how many sares of it you trade Billy?
[10:35] {Threei} shares even
[10:35] {BillyD} that time 500
[10:35] {BillyD} -.12 on stop
[10:35] {Threei} you know, try cutting it down to 300 these days, you'll be surprized
[10:35] {BillyD} I have sometimes
[10:35] {Threei} it makes much bigger moves than usual,
[10:35] {Threei} so less size will still yeiled very nice profits
[10:36] {BillyD} ok, will do
[10:36] {BillyD} it still hit the stop
[10:36] {Threei} however, on a stop side it will give you more breathing room to account for heightened volatility
[10:36] {BillyD} regardless
[10:36] {BillyD} very true
[10:36] {Threei} and even when hits even padded stop,
[10:37] {Threei} you will feel more confident for another try
[10:37] {BillyD} that's the key
[10:37] {BillyD} staying confident
[10:38] {BillyD} sometimes when you get jerked around and barely stopped a few times....you want to kick the stock off screen :)
[10:38] {lumdus} yeah, trying that now billD
[10:39] {bruce} taking break and walk
[10:52] {BillyD} long day so far
[10:53] {dino} yeah
[10:53] {lumdus} since i started trading .. rough all along - does it ever get better ?
[10:53] {BillyD} vad, IDIX holds well considering all things and recent move
[10:56] {Threei} fall was very good
[10:56] {Threei} I would keep an eye on it billy... but not rush in
[10:57] {BillyD} yes, will wait for things to turn up a bit
[10:57] {BillyD} Lum, I thought you were doing well from your trades I saw
[10:57] {lumdus} yeah, some volume anyway is good .. geesh even rimm aint moving
[11:01] {Threei} no technical read, just a feeling:
[11:01] {Threei} masrket is more likely to go down from here so look to go long WID
[11:02] {dptl} qid youmean
[11:02] {lumdus} i am looking sideways as usual
[11:02] {Threei} yes
[11:03] {lumdus} look how tight amzn is trading.. that tells me nothing going to move either way
[11:06] {lumdus} nihd having problems all day. 3i, would you look to short it on break ?
[11:06] {dptl} damn thing shaked me out again
[11:06] {lumdus} who nihd ?
[11:07] {dptl} qid
[11:11] {Threei} not sure lum
[11:12] {dptl} in .06 qid
[11:13] {lumdus} 3i, you not sure if this will ever get better ?
[11:13] {Threei} huh?
[11:13] {Threei} you asked about NIHD
[11:14] {lumdus} oh, yeah, i left it already
[11:15] {dptl} stopped
[11:18] {BillyD} tough one eh dp
[11:19] {dptl} ye
[11:20] {lumdus} whole damm market is tought. i am watching 5 normal active stocks and they aint moving
[11:20] {Threei} frida before the long weekend after such a nervous week
[11:21] {Threei} what do you expect, normal orderly trading?
[11:21] {lumdus} tx for the heads up.. now i know
[11:21] {Threei} just FYI, I said it in the morning
[11:21] {Threei} as a warning
[11:22] {lumdus} ok, good heads up
[11:29] {lumdus} thank you .. i see your post
[11:30] {lumdus} need to be me more alert
[11:30] {bruce} gme at yesterdays low dino
[11:31] {lumdus} 3i, i know you don't look at nyse usually. can you check mo for short ?
[11:31] {Threei} I increasingly do look at it
[11:32] {lumdus} ok, and what you think ? has more downside ?
[11:32] {Threei} it does, my concern is, risk is very high here... it already made more than its usual daily reange
[11:32] {Threei} and nears major supports on daily
[11:33] {lumdus} just feels like a nice rop on it any second
[11:33] {Threei} true
[11:34] {magoo} back
[11:34] {lumdus} i could already see it by 73 :)
[11:34] {dptl} out qid+.38 damn thing
[11:34] {lumdus} a break of 75 and this goes bang kaboom
[11:34] {Threei} finally dp
[11:34] {dptl} ye ...took me three trys
[11:35] {Threei} that's the most irritating component of last week:
[11:35] {Threei} it IS possible to read the direction, and I do it mostly right,
[11:35] {Threei} but to find the entry that won't shake you out before going where it should
[11:35] {Threei} is totally another matter
[11:36] {dptl} yes to many shakes this week
[11:36] {Threei} in a paradixical way, this is the market where undisciplined trader may sometimes perform better
[11:36] {lumdus} hmm, now i understand why i did well :)))
[11:36] {Threei} lol
[11:37] {Threei} he shrugs, ignores his stop, turns away and prays,
[11:37] {Threei} in 30 min he is nicely in the money,
[11:37] {Threei} never mind that his loss at some point was twice his stop :)
[11:37] {lumdus} you in my head or something .. get out of it now !!
[11:38] {Threei} nah, just have a camera over your shoulder
[11:38] {dptl} look at this i got filled at .79 right at the top rearly happens to me
[11:38] {Threei} but you can't demand to turn it off - that would put you at unfair advantage vs other room members
[11:38] {Threei} (magoo, leave that beer alone, will ya)
[11:39] {dptl} another entry?
[11:40] {Threei} dp... you know what dino will say about that, right?
[11:40] {dptl} luck
[11:40] {Threei} yes :)
[11:40] {Threei} well, by chart it is
[11:40] {Threei} a850 is NQ resistance to short of
[11:40] {dptl} ah too late
[11:40] {Threei} 1850
[11:40] {Threei} but you see how it goes today:
[11:40] {Threei} it comes to resistance, hesitates, breaks it
[11:40] {Threei} goes much higher
[11:40] {lumdus} ok, so where we at now ?
[11:41] {Threei} and then reverses only after all who tried to short give up
[11:41] {Threei} that's your shakeouts
[11:41] {Threei} so how about we try and account for that
[11:41] {Threei} leave it be here
[11:41] {Threei} let it try and do this trick again
[11:41] {dptl} ye you right
[11:42] {Threei} if it does, cool, you avoided shakeout and found better entry
[11:42] {Threei} if it doesn't so what
[11:43] {lumdus} damm mo, still not moving the big drop. common hit it now !
[11:43] {BillyD} lol
[11:44] * Threei hits MO over the head with 2x4
[11:44] {lumdus} thank you much more. let me know when to scoot !
[11:45] {Threei} there is no way to read it unless it does vertical drop lum
[11:45] {Threei} just trail stop, don't let profit slip away
[11:46] {Threei} 75.01 now, IMO
[11:46] {lumdus} ok, i'll lock it .50 profit and hope for the best . tx
[11:46] {Threei} lost .80, can trail to .91
[11:46] {lumdus} ok
[11:47] {Threei} but honestly, I would still keep it at 75.01
[11:47] {lumdus} ok
[11:47] {lumdus} compromosie .93
[11:47] {Threei} as we near end of day, selloff is still more likely than sizeable bounce IMO
[11:48] {lumdus} ok, then i risk it .. thanks. it just looked so damm weak it actually asked me to short it
[11:48] {BillyD} dino, your Dow number hit and then some
[11:48] {dptl} xlnx short?
[11:48] {Threei} 1840 breakdown NQ would form inverted C&H on 1 min
[11:49] {Threei} hmmm
[11:49] {Threei} not the best candidate, dp
[11:49] {dptl} ok
[11:51] {lumdus} vad, trail now ?
[11:51] {Threei} .91 now for sure
[11:52] {Threei} die NQ
[11:52] {lumdus} vad, you see if this was a quick sell i would cover.. but it is slowly painfully going dow i think i get much more from those moving quick.
[11:52] {Threei} that's the way
[11:54] {BillyD} I can see the move on QID L2 before on NDX chart candle
[11:54] {lumdus} vad mo, bouces a drop and then takes a dip again. if it bounces above .84 i am out
[11:55] {Threei} whatever happens after that, it's a beautiful trade
[11:55] {lumdus} i watied all day for this trade, man it got very frustrating today.
[11:56] {lumdus} i thihk it might be over for now .. oh, shoot
[11:56] {lumdus} out
[11:56] {lumdus} tx vad for the help
[11:57] {lumdus} +.75
[11:57] {Threei} wtg'
[11:57] {Chaeron} niiiicee
[11:57] {BillyD} gj
[11:57] {patience} sweet
[11:57] {lumdus} tx
[11:58] {bruce} calling ita day - reached myt loss limit again
[11:58] {bruce} see you all next week
[11:59] {BillyD} bye bruce
[12:00] {Threei} let's see if this shake is over
[12:00] {lumdus} need to reboot
[12:01] {dino} shorts going to cover
[12:01] {Threei} .19 - .42 scalp
[12:01] {BillyD} wow, just got QID at .23 and out at .38, .43
[12:01] {BillyD} feel like a hero
[12:02] {BillyD} lol
[12:02] {Threei} :)
[12:02] {dptl} nice
[12:02] {patience} great feeling :)
[12:02] {dino} gj
[12:02] {Threei} scenario decsribed earlier worked like charm
[12:02] {Threei} about shakes that go way deeper than expected
[12:03] {Threei} when it got ridiculous, opportinity jumped on you
[12:03] {BillyD} kinda like golf dino....1st 17 holes frustrating and last one good makes you come back
[12:03] {BillyD} yes Vad
[12:04] {Threei} just don't club it with your titanium whatever you use
[12:04] {Threei} opportunity I mean
[12:04] {BillyD} nah...nice easy pitching wedge for small accurate shot
[12:04] {Threei} btw,
[12:05] {Threei} how many shares?
[12:05] {BillyD} 300
[12:05] {Threei} there you go
[12:05] {Threei} lowering size worked too
[12:05] {Threei} freed mind for intuitive perception
[12:05] {Threei} by removing fear factor
[12:05] {Threei} enough psycho-babble for you?
[12:06] {BillyD} past that stuff
[12:06] {Threei} 'cause I can also go on about childhood issues
[12:06] {Threei} ice cream sister never bougth you
[12:06] {BillyD} u sure u want to...hehe
[12:07] {Threei} :)
[12:08] {Threei} timely cover MO, lum
[12:09] {lumdus} tx
[12:09] {Threei} went above 75, why give up that chucnk of profit
[12:09] {lumdus} nvda .. missed
[12:09] {lumdus} yeah, that was it
[12:10] {dino} de l .25 sm
[12:14] {lumdus} xmsr take off !
[12:16] {Threei} i don't see news
[12:16] {Threei} another round of merger rumors?
[12:17] {Threei} probably, SIRI went too
[12:18] {lumdus} amzn if market turn around i think ihope
[12:19] {lumdus} looks like panic out there
[12:20] {BillyD} I dont see it....imo
[12:22] {dino} de stop is .98
[12:23] {dino} stopped -.27
[12:24] {lumdus} maybe just alot of indecision out
[12:25] {BillyD} yeah, you will know a panic when it happens
[12:25] {cosmo} or more likely, immediately afterwords...
[12:26] {BillyD} yes cosmo
[12:26] {lumdus} why did xmsr runup ?
[12:26] {BillyD} don't know
[12:26] {lumdus} wonder if there is a re-entry here or it's done
[12:27] {Threei} [15:16] {Threei} i don't see news
[12:27] {Threei} [15:16] {Threei} another round of merger rumors?
[12:27] {Threei} [15:17] {Threei} probably, SIRI went too
[12:28] * magoo slaps Threei around a bit with a large trout
[12:29] {Threei} hmmm
[12:29] {Threei} what did I do
[12:29] {Threei} this time
[12:30] {lumdus} look at amzn .. can't move an inch either way. can't trade anything
[12:30] {cosmo} xlnx testing hod
[12:30] {cosmo} soon
[12:32] {lumdus} ok, amzn break 80 and run and let me catch you.
[12:34] {lumdus} vad, you think we go up or down by close or a 50/50
[12:34] {Threei} 51/49... but I don't know in what favor
[12:35] {lumdus} great answer.. my feelings exactly
[12:35] {Threei} I stll feel down is more likely
[12:37] {dino} close -44 dji, comp -6
[12:37] {dino} for a beer
[12:37] {patience} day after options expiry is usually a down day so i vote for down before close today
[12:38] {dino} ok 50 more pts up dji
[12:38] {cosmo} xlnx testing hod .52
[12:39] {cosmo} slippery devel...
[12:39] {lumdus} short hon 55.01 stop 55.09
[12:40] {lumdus} everything whippy i will risk very limited cash in any trade now.
[12:43] {lumdus} hmm, maybe i should just quit while i am ahead ..
[12:44] {lumdus} xmsr reload ?
[12:45] {Threei} no idea, there is nothing technical to this move
[12:45] {Threei} opure momo on rumors
[12:45] {lumdus} yeah, sure is trading like momo
[12:46] {magoo} i have to say it.u guys/gals{patience} think today was hard or easy trading day?
[12:46] {patience} croak
[12:47] {patience} 1 trade and it was fussy
[12:47] {lumdus} very hard trading today
[12:47] {magoo} vad??
[12:47] {dino} de rinsed
[12:48] {Threei} don't look at me, I wasn't here even
[12:49] {dino} hard day magoo, imo
[12:49] {magoo} what u mean? I wasn'ty here..u were
[12:49] {Threei} OK, careful long QID
[12:49] {lumdus} it has been hard since i joined
[12:49] {Threei} .95 trigger
[12:49] {Threei} if holding above .85
[12:49] {Threei} oh, it's lum's fault
[12:49] {lumdus} 10 minutes left to rading
[12:50] {magoo} get him guys
[12:50] {lumdus} common, i was good today. posted 2 good trades
[12:50] * magoo slaps lumdus around a bit with a large trout
[12:51] {lumdus} looks like qid triggered.
[12:51] {Threei} half out QID
[12:51] {Threei} triggered? it's already over 1:1, lol
[12:52] {magoo} roflol vad
[12:52] {BillyD} you guys are killing me
[12:52] {dptl} :)
[12:52] {BillyD} comical
[12:52] {Threei} stop to .89
[12:54] {Threei} it's magoo's fault, he stunned lum with trout
[12:54] {Threei} stop to .94
[12:54] {magoo} i was looking for some help too
[12:54] {lumdus} yeah magood.. you trhough me off my game here ..
[12:54] {dino} gj
[12:55] {magoo} was hoping to slap u right out of room..we've done that before
[12:55] {magoo} a rapid barrage of well placed slaps
[12:55] {Threei} plus a bribed technician cutting off your cable
[12:56] {BillyD} nice QID read Vad
[12:56] {Threei} stop to .99
[12:56] {Threei} no lose trritory
[12:56] {Threei} scalpers are out of course
[12:56] {Threei} ty billy
[12:56] {Threei} sheesh XMSR
[12:56] {lumdus} out xmsr
[12:57] {lumdus} .23 out
[12:57] {lumdus} gosh .. didn't even see it go
[12:57] {magoo} billy, next time u better help when i put out the call-to-arms bro :)
[12:57] {Threei} it didn't
[12:57] * BillyD slaps lumdus around a bit with a large trout
[12:57] {BillyD} sorry for delay
[12:58] {Threei} lol
[12:58] {Threei} ok guys, calling it a day
[12:58] {lumdus} the best feature i like is the trailing stos. i had .10 offest and just takes care of itself
[12:58] {Threei} have a good relaxing long weekend
[12:58] {BillyD} have a nice 3 day wknd everyone
[12:59] {lumdus} nice weekend and thanks
[12:59] {Threei} see you on Tuesday for a nice ordely trading with 98% success rate
[12:59] {lumdus} i guess monday we off ?
[12:59] {dptl} have a good weekend all
[12:59] {Threei} ok, 97
[12:59] {patience} monday, i am working....toronto is open
[12:59] {patience} nobody to keep me company :(
[12:59] {magoo} ty vad, ty everybody
[13:00] {magoo} gonna miss u monday
[13:00] {dino} i am downloading tradelog tax info
[13:00] {dino} markets worsty week in 5 years
[13:01] {cosmo} tuesday?
[13:01] {cosmo} not monday?
[13:02] {cosmo} checking
[13:02] {Threei} I'll drop by to say "nya nya nyanya nya" patience
[13:02] {patience} cosmo as a point, the market is closed on monday isn't it?
[13:02] {cosmo} it is?
[13:03] {magoo} yes, us mkts closed, some sort of holiday
[13:03] {dino} take care all