Thursday, April 3, 2008

Apr 03 2008

Session Time: Thu Apr 03 00:00:00 2008

[08:25] {Onix} Good morning
[08:25] {patience} Good morning Onix :)
[08:27] {Threei} good morning
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 407K V 366KE; CONTINUING CLAIMS: 2.937M V 2.860ME
- Prior Initial Jobless Claims revised from 366K to 369K
[08:30] {Threei} - Prior Continuing Claims revised from 2.845M to 2.84M
[08:47] {GeoArb} gm
[08:48] {Threei} geo :)
[08:54] {magoo} morninmg
[08:54] {Threei} magoo :)
[08:56] {magoo} anyone watch RIMM last night after bell?
[08:56] {Threei} scalped
[08:56] {GeoArb} couldnt resist eh?
[08:56] {Threei} 2 points
[08:56] {Threei} lol
[08:56] {Threei} yeah
[08:57] {Threei} but I got a hold of myself quickly and left after first trade :)
[08:57] {GeoArb} i am crious full lot in after hrs?
[08:57] {Threei} no way
[08:57] {Threei} I am not playing full lot RIMM even during normal hours
[08:57] {GeoArb} ok
[09:00] {magoo} where it peak vad?
[09:01] {Threei} before I left at 121
[09:01] {Threei} not sure what happened next
[09:01] {hawkfan4} looks like high was 123.45
[09:05] {fernp} gm
[09:06] {Threei} fernp :)
[09:08] {magoo} ty hawkerish
[09:08] {hawkfan4} :) np
[09:09] {dptl} good morning all
[09:09] {dino} gm all
[09:09] {cosmo} DNDN pre mkt high = 5.48 fwiw
[09:09] {Threei} dp, dino
[09:10] {dino} 3i is grounded for trading afterhours
[09:11] {Threei} really?
[09:11] {Threei} thank you, see you all tomorrow :)
[09:12] * Threei recedes jumping up and down in joy
[09:16] {Threei} RIMM PRICE TARGET RAISED TO $180 FROM $150 AT CANACCORD ADAMS
[09:17] {esemde} morning
[09:18] {Threei} ese :)
[09:18] {esemde} grounded for what?....what have you done now Vad?
[09:18] {Threei} oh it's always something
[09:18] {GeoArb} he made money
[09:18] {Threei} I stopped logging my particular faults
[09:19] {esemde} naturally.....
[09:19] {magoo} afterhours is taken away...NOT today...BACK TO WORK
[09:19] {Threei} in case I need recollection of any of them I can always just ask my wife
[09:20] {Threei} "May 13, 2002 - 8 records"
[09:25] {markweb} GOOD MORNING
[09:25] {Threei} mark :)
[09:25] {markweb} :)
[09:26] {dino} i can relate to that 3i
[09:26] {esemde} hmmm just read RIMM topped estimates...should go nuts
[09:27] {ThurstonHowellTheThird} gm all
[09:27] {Threei} thtt :)
[09:28] {magoo} vad...be on your best game today..i got bills to pay boss :)
[09:28] {Threei} pressure pressure
[09:28] {magoo} CRAMER saying sell your RIMM in afternoon today
[09:29] {Threei} I am not even here, remember?
[09:29] {magoo} now hes an idiot..BUT has a following
[09:29] {Threei} dino granted me dismissal
[09:29] {magoo} god dammit dino...........he he
[09:29] {dino} heyyyyyyyyyyyyyyyy
[09:30] {dino} saddle-up
[09:33] {dino} bid drops a bit more
[09:33] {Threei} CSUN
[09:33] {Threei} half lot long .95 break
[09:33] {Threei} stop under .70
[09:35] {Threei} SOLF
[09:35] {Threei} late
[09:35] {Threei} see if pulls back for entry
[09:35] {Threei} 15 is closest support
[09:35] {esemde} rats missed CSUN
[09:36] {Threei} don't chase, it's known for severe pullbacks
[09:37] {esemde} tks
[09:38] {Threei} .20 was best SOLF gave so far
[09:38] {Threei} CSUN, if not losing 9 then 9.10 break becomes new long trigger
[09:38] {Threei} come on SOLF... closer to 15 please
[09:39] {Threei} SPWR and FSLR new highs
[09:39] {Threei} helping smaller solars
[09:40] {esemde} LONG ESLR 10.00
[09:40] {esemde} break of yesterdays high
[09:40] {Threei} yup, another good setup on solars
[09:40] {Threei} in SOLF half lot
[09:41] {magoo} me too
[09:41] {Threei} got 15.05
[09:41] {Threei} you?
[09:41] {hawkfan4} in .07
[09:41] {Threei} :)
[09:41] {Threei} AKNS trying too
[09:42] {Threei} too bad didn't get full lot SOLF
[09:42] {Threei} would be nice partial out spot
[09:43] {magoo} i did, biut higher .15
[09:43] {Threei} if you did, take half here
[09:43] {Threei} with .15, try for one more uptick
[09:43] {Threei} there
[09:43] {Threei} you got 1:1
[09:44] {Threei} out +.30
[09:44] {magoo} out here .45 TY
[09:44] {esemde} ESLR going nuts.....advice to play Vad
[09:44] {Threei} half out
[09:44] {esemde} i'm in full lot
[09:44] {esemde} ok
[09:45] {dino} bid sm l .10
[09:45] {bruce} what gave you 15 as likely bounce area for solf vad?
[09:46] {magoo} whole number support i believe?
[09:46] {esemde} half out .20
[09:46] {magoo} just took CSUN 9
[09:47] {Threei} retreat after spike over .40, quite sizeable for such strength in the sector... daily chart
[09:48] {magoo} out here .22 TY vad
[09:48] {Threei} wleocme
[09:48] {Threei} jeez, even HOKU moves
[09:48] {bruce} k- I noticed it started going long from just about 14 - so actually a fairly small retreat
[09:49] {Threei} it's uptrending stock in a very strong sector, you don't expect those to fall all the eay back
[09:50] {bruce} k - thanx
[09:50] {Threei} look at the scanner
[09:50] {Threei} almost all names in green are solars
[09:50] {esemde} Vad would you leave ESLR for the day or sell on Euphoria
[09:50] {Threei} I would dump 1/4 more
[09:51] {Threei} and leave last portion aith breakeven stop
[09:52] {Threei} anyone took AKNS?
[09:52] {esemde} oh no.....I accidentally sold all other half
[09:52] {esemde} stupedo.....
[09:52] {Threei} there was no specific call, just asking in case anyone went in on their own read
[09:53] {Threei} ese, don't get so upset over making money... my heart is bleeding, just can't watch all this suffering
[09:54] {Threei} here comes pullback for you te get it back buit do NOT do full lot
[09:54] {Threei} not even half IMO
[09:55] {esemde} am looking at that
[09:56] {esemde} tks
[09:56] {Threei} ugh, forgot about EMKR in all this solar hoopla
[09:58] {bruce} l bid 26.13
[09:58] {magoo} need a fourth eye vad
[09:58] {Threei} and better memory
[09:59] {Threei} you know you are in trouble when it takes you about 5 min after waking up to remember your name
[09:59] {Threei} and face in the mirror is vaguely familiar but again...
[10:00] {Threei} *MARCH ISM NON-MANUFACTURING COMPOSITE: 49.6 V 48.5E
[10:00] {dino} i think you're drinking too much if thats' happening, :)
[10:00] {Threei} FED CHAIRMAN BERNANKE: SAYS CRISIS TOOK A LONG TIME TO BUILD, WILL TAKE A LONG TIME TO RESOLVE
[10:01] {esemde} LONG ESLR 1/2 lot .25
[10:01] {judijim} GOOD MORNING ALL
[10:02] {Threei} dunno dino.. if I am drinking, then it takes someone from aside to let me know my name
[10:02] {Threei} jj :)
[10:02] {esemde} jj
[10:02] {esemde} welcome to the fray
[10:02] {dino} lol
[10:02] {Threei} and dialog with the guy in the mirror takes form of "why should I shave you if I don't know you?"
[10:03] {Threei} gosh... I need to edit logs lest myths of my drinking problem start spreading :)
[10:03] {GeoArb} yup
[10:03] {Threei} EMKR pulled into 7 support
[10:03] {bruce} stopped bid -9c
[10:04] {Threei} NQ is not very clear here
[10:04] {Threei} don't chase anything
[10:04] {Threei} right at support with bvery tight stop or no play
[10:06] {Threei} CEO DIMON: ULTIMATELY JPM WAS THE ONLY FIRM IN A POSITION TO HELP WITH BSC - SENATE TESTIMONY
[10:06] {Threei} BSC SCHWARZ: BANK RUN PROMPTED BY UNFOUNDED RUMORS
[10:09] {Threei} wow CSUN
[10:09] {GeoArb} yeah :(
[10:09] {GeoArb} i was actually in at 9:01
[10:09] {GeoArb} and bailed
[10:10] {Threei} where?
[10:10] {GeoArb} 9.06 and 9.09
[10:10] {GeoArb} execution issues
[10:10] {Threei} execution issues - axe is not sharp enough??
[10:11] {GeoArb} heheh
[10:11] {Threei} :)
[10:11] {GeoArb} using ninja chart trader
[10:11] {Threei} sheesh... where do you guys find all those wird things...
[10:11] {Threei} wierd
[10:11] {GeoArb} forgivness for anewbie....
[10:12] {Threei} simplest most straighforward fast and reliable platform means less headaches and frustration
[10:13] {Chaeron} gm all
[10:13] {Threei} chaeron :)
[10:14] {dino} less=more
[10:14] {bruce} watchingfxp for possible reversal longdino
[10:14] {dino} uthr bruce
[10:15] {dino} fxp ultrashort china fund
[10:15] {magoo} CVHAERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR
[10:16] {Chaeron} hheheh...Hi mags... let's kick some market tail
[10:16] {magoo} yup
[10:16] {esemde} CH baby!!!!!! do it man....
[10:16] {Chaeron} hey ese
[10:16] {Chaeron} :)
[10:17] {dino} sm l uthr .35 risky
[10:17] {markweb} out BID +. 25 thanks DINO:)
[10:18] {dino} np, gj
[10:19] {dino} i wanted .60, but dk
[10:21] {dino} out uthr .85, +.50
[10:21] {markweb} dino bravo!
[10:22] {judijim} you're the man Dino, gj
[10:22] {dino} lol, i'm just lucky
[10:22] {Threei} wtg guys
[10:25] {GeoArb} csgp?
[10:25] {Threei} nasty spread
[10:25] {Threei} thinny
[10:26] {GeoArb} k
[10:26] {GeoArb} 3 penny spread on jrcc too
[10:27] {dino} thats tight for me
[10:27] {GeoArb} :)
[10:29] {dino} rbcn
[10:29] {Threei} 3 cents is fine... JRCC has small sizes at all levels, that's the real source of its volatility
[10:31] {dino} bid not moving stop to .19
[10:31] {bruce} wow - 37 k total volume in it dino - we can buy the whole float
[10:32] {bruce} I think bid isa short for now
[10:33] {dino} somebody smack him
[10:34] {dino} :)
[10:34] {GeoArb} jaso turning
[10:34] {Threei} worth a try with stop under 20
[10:34] {Threei} ugh... jumped
[10:38] {GeoArb} vad dcc pls
[10:39] {dino} bid stopped .19, +.09
[10:40] {dino} rbcn sm wide risky, l .12
[10:43] {dino} bid rinsed
[10:43] {dino} rick l .12 stop .79
[10:44] {dino} no make rick stop .95
[10:45] {dino} rbcn stop is .73 fwiw
[10:48] {magoo} RIMM nutsa
[10:50] {dino} tighten rbcn to .97 not moving
[10:50] {bruce} I'm thinking fxplong near here dino
[10:51] {dino} avtr blood
[10:51] {dino} ok
[10:52] {dino} scanner all red
[10:53] {dino} missed fxp at .80
[10:53] {dino} good spot bruce
[10:54] {bruce} yes - shoulda taken it at .55 w 30 c stop
[10:54] {bruce} sorry
[10:55] {dino} for what?
[10:56] {bruce} saw it and din't post in time
[10:56] {Threei} feels to me like we are to see sharp drop very soon
[10:56] {dino} too hard on yourself
[10:56] {dino} fxp l .80 sm stop .37
[10:57] {dino} uthr
[10:58] {bruce} sds has long potential too dino
[10:58] {bruce} possible retrace of 2 day back dump
[10:59] {dino} ouch slippage rbcn stopped .75, -.37
[11:00] {dino} ultrashort s&p
[11:02] {bruce} k
[11:04] {dino} uthr l .10, stop .73
[11:05] {dino} out fxp .87, +.07 too hard to read
[11:07] {magoo} vad, am i missing trades or have u been just watching since our earlier plays?thanx
[11:08] {bruce} vads decided to trade w out you mags
[11:08] {bruce} sending us all dccs so you don't see em
[11:09] {dino} magoo, you're on ignore
[11:09] {Threei} ?
[11:10] {Threei} everything I type you see
[11:10] {Threei} if you no see that 'cause I no type
[11:10] {magoo} but i haven't been paying attention lol
[11:10] {Threei} what else is new
[11:10] {bruce} s bid 26.01
[11:10] {magoo} true..so question remains he he
[11:12] {Threei} FED'S BERNANKE: HAD NO CONCERN FOR STOCK PRICE OF BSC, WAS INTERESTED IN GETTING DEAL DONE- Notes had no interest in value of offer for BSC, and made sure other firms could be in mix for BSC
[11:16] {Threei} looking at RIMM with short idea
[11:16] {Threei} can't see clean setup yet
[11:17] {Chaeron} Now magoo feels loved again.....
[11:17] {magoo} don't push cause i asked boss :)
[11:17] {magoo} i intimidate vad
[11:19] {Threei} sparrow behind the window intimidates me
[11:19] {dino} big brother
[11:21] {dino} bmti
[11:23] {Threei} guys, who remembers katty88?
[11:23] {Chaeron} yes Vad
[11:23] {markweb} katty888
[11:23] {Threei} right
[11:24] {Threei} rightgot e-mail from her, says hello to you all,
[11:24] {Threei} she had to stop trading for family/personal reaasons,
[11:24] {Threei} ready to get back now
[11:24] {Chaeron} will be good to see again
[11:24] {magoo} i remember her
[11:25] {Threei} and the best part I love to hear:
[11:25] {dino} bring her back to the jungle
[11:25] {Threei} it was my happiest time during
[11:25] {Threei} my trading
[11:25] {GeoArb} ??
[11:25] {Threei} she was a member before your time Geo, very nice gal and good trader
[11:25] {GeoArb} ok
[11:25] {GeoArb} happies time
[11:26] {Threei} that was a line from her e-mail about her time in our room
[11:26] {magoo} this is what u can expect when u leave Geo..and then come back lol
[11:26] {dino} good times, good times (bret michaels)
[11:26] {GeoArb} heheh
[11:26] {GeoArb} i need a better name though
[11:27] {Threei} RIMM started giving in
[11:27] {Threei} want to see a bounce now
[11:27] {Threei} to short into
[11:27] {dino} mrcy
[11:27] {magoo} freaking vad forced me out in 06 when i violated my double secret room probation..i didn't get such a warm welcome back
[11:28] {Threei} well mags... parole violators are frowned upon
[11:29] {Threei} and your parole officer told me you managed top chew through your handcuffs
[11:29] {magoo} judge said they were sealing that file?
[11:29] {dino} s .30 mrcy sm risky
[11:30] {Threei} that was before you chewed on judge's throat
[11:30] {bruce} mrcy spikedino
[11:30] {dino} see above s .30
[11:30] {Threei} OK RIMM{ closer
[11:30] {Threei} 122.20 closest resistance so far
[11:30] {bruce} yes - you got perfect entry
[11:31] {dino} was at .46, but did not get there
[11:31] {magoo} jumpier than usual vad
[11:32] {bruce} stopped bid short -.20
[11:32] {judijim} Judi is off to her psychology office, Jim remains
[11:32] {Threei} take care Judi
[11:33] {Chaeron} tell Judy I'll be late for my daily session :)
[11:33] {magoo} judi is in therapy? he he
[11:33] {dino} hmmm .80 holding
[11:33] {Threei} yes mags... kind of have to take it on faith rather than go with exact entry
[11:33] {Threei} I missed entry, couldn't see it clearly
[11:33] {magoo} i couldn't either...
[11:33] {magoo} not in
[11:33] {Threei} of course closed eyelids didn't help
[11:35] {dino} lol judi psyc, wonder what she makes of us
[11:35] {ThurstonHowellTheThird} ask jim
[11:35] {Threei} I don't want to now
[11:35] {Threei} know
[11:36] {markweb} lol
[11:36] {Threei} never met a shrink who wouldn't think I am walking treasure to base books and articles on
[11:36] {dino} not sure i want to
[11:37] {esemde} Off for the day everyone...still hangin in there with a 1/2 lot of ESLR....we'll see what happens by the end of the day
[11:37] {Threei} take care ese
[11:37] {magoo} WAIT ES
[11:37] * magoo slaps esemde around a bit with a large trout
[11:37] {esemde} tks....i needed that
[11:37] {esemde} i waited for a second for that????
[11:38] {dino} mrcy tear down that .80 wall
[11:38] {Threei} somehow my encounters with little green men are of special interest for them... although if you ask me, big violet flying squids from Jupiter and way more interesting
[11:38] {GeoArb} they tase good too
[11:38] {GeoArb} taste
[11:38] {Threei} very
[11:38] {Threei} with some garlic
[11:38] {GeoArb} okkkkk all my scanners sleeping
[11:38] {bruce} bid now lookinglike long candidate dino
[11:39] {dino} agreed
[11:41] {Threei} Jim... confess, is Judi gathering material for her new book using us as an example?
[11:41] {Threei} guys, if RIMM short idea appeals to you, gotta just start trying with small shares
[11:42] {Threei} nearest resistance to place a stop is .50
[11:42] {Threei} what with MF?
[11:43] {Threei} no newsthat I see
[11:43] {Threei} FED'S BERNANKE: INFLATION HAS BEEN TOO HIGH, WATCHING CLOSELY; DOES NOT EXPECT A REPEAT OF BSC RESCUE
- Says rate cuts justified by slowdown in economy and are helping. Further rate action will have to to depend on how economy evolves.
[11:43] {Threei} - Notes inflation is too high but should moderate in coming year, but aware of uncertainties surrounding outlook
[11:45] {GeoArb} scalped rimm 15 cents
[11:45] {GeoArb} TY
[11:45] {GeoArb} in .2 out .05
[11:46] {GeoArb} sheesh... close
[11:47] {bruce} l bid 26.30 stop 20 c
[11:47] {dino} cov mrcy .70, +.60
[11:49] {bruce} v nice dino
[11:49] {dino} ty lucky entry
[11:49] {bruce} you sure nailed it
[11:50] {bruce} good to be lucky!
[11:51] {dino} profits=luck, stops=skill.
[11:51] {Threei} watching MF for double top if spikes again
[11:52] {dino} i like it short too
[11:53] {Threei} short on .80 break if can't go over 12
[11:53] {Threei} half lot
[11:54] {judijim} sorry guys, i was seeing judi off. judi is a clinical pysch with her own practice. the reason I dont trade while shes gone is because one day about a month ago I lost almost 700 dollars soI
[11:54] {Threei} in .79
[11:54] {dino} my worst, lost 15k on an overnight
[11:55] {Threei} covered half
[11:55] {judijim} my worst nightmare
[11:55] {Threei} stop to .85
[11:55] {dino} nice
[11:58] {Threei} stop to .75
[12:00] {Threei} come on, lose .40
[12:01] {Threei} stop to .65
[12:02] {Threei} don't shake me now
[12:02] {dino} gj, i overthought it wanted 12.18
[12:02] {Threei} ty
[12:02] {Threei} I have my moments
[12:02] {dino} bid nice read bruce
[12:03] {dptl} bid+.24 ty Bruce
[12:03] {dino} gj
[12:03] {Threei} out
[12:03] {dino} we're going to have to start paying bruce
[12:03] {Threei} told ya bruce, % of profits
[12:04] {magoo} my wife doesn't even know i trade
[12:04] {dino} ahhh, just finished a meatloaf sandwich, mmmmm
[12:05] {bruce} out half bid =.33c
[12:05] {dino} wtg
[12:07] {dino} mf
[12:09] {dino} ok s sm .14
[12:09] {dino} too soon
[12:12] {bruce} out balance bid+ .20
[12:13] {Threei} didn't have guts to buy MF 12 break
[12:14] {dino} stopped -.37 at ,.51
[12:14] {dino} strong
[12:15] {bruce} lol dino - still enjoying my almost no food diet
[12:15] {bruce} who needs food anyway?
[12:15] {Threei} yikes... what kind of diet is that
[12:15] {dino} down 4 lbs. in a week, watching carbs
[12:15] {Threei} sheesh MF
[12:16] {dino} you know, i have to try again
[12:16] {dino} at 200 bruce, 10 to go
[12:16] {dino} .97 was it looks like vad
[12:16] {bruce} 20 for me
[12:17] {bruce} atke me back to college weight
[12:17] {dino} that would be 185 for me. but in any case -12 so far
[12:19] {dino} man mf another rinse (as was rbcn, and bid)
[12:19] {bruce} amat short candidate dino - probalby wouldn't give much
[12:22] {dino} too thick for me
[12:22] {bruce} k
[12:23] {dino} 3i, mf?
[12:23] {Threei} no idea, can't read it
[12:23] {dino} .71 area
[12:25] {bruce} Ilike rimm long here
[12:31] {bruce} out rimm +.35
[12:31] {magoo} nice bruice
[12:31] {dino} gj
[12:32] {bruce} thanx
[12:32] {bruce} lucky
[12:32] {dino} :)
[12:33] {bruce} back to green
[12:33] {bruce} but bid still owes me money
[12:33] {dino} no revenge
[12:33] {bruce} can I curse then?
[12:34] {dino} of course, you should hear our office
[12:34] {GeoArb} our office?
[12:34] {bruce} lol
[12:34] {GeoArb} traders group dino?
[12:34] {bruce} no - he just means magoo
[12:34] {dino} magoo and i....we're brothers
[12:35] {GeoArb} ohhh
[12:35] {GeoArb} didnt know that
[12:35] {bruce} poor dino
[12:35] {GeoArb} totally diff trading styles
[12:35] {dino} now you understand why i complain when the beer is gone
[12:35] {dino} y
[12:35] {dino} \you only compete w/yourself in this game
[12:36] {bruce} drat - dumped rimm way too early
[12:36] {dino} uthr stop to .81
[12:37] {dino} out .75 slip, +.65
[12:38] {dino} brb
[12:39] {GeoArb} i need to learn to hold
[12:39] {GeoArb} i was in and ou of rimm for 15 cents
[12:39] {Threei} until they starte reversing and hitting your stops after 1:1, then you say "I need to lear to book profits"
[12:40] {GeoArb} eheheh
[12:43] {bruce} lvs spking dino
[12:45] {dino} hmmm
[12:45] {bruce} ffiv spike
[12:47] {bruce} couldsn'tsee where to short ls - up and down was too quick
[12:47] {bruce} lvs
[12:52] {dino} ffiv
[12:52] {dino} \either break of .50 or 20.15ish
[12:53] {dino} mf again
[12:53] {dino} woof
[12:53] {dino} too fast
[12:54] {bruce} dk
[12:54] {magoo} .
[12:54] {magoo} ..
[12:54] {magoo} ...
[12:54] {bruce} mtrx
[12:55] {bruce} sheesh - lotsof spikes - both ways
[12:57] {Threei} MF actually starts looking like long with stop under 12.50
[12:58] {Threei} with half out closer to 13 if works
[12:58] {magoo} what entry u get?
[12:58] {Threei} .68
[12:59] {Threei} no worky
[13:02] {judijim} do most in chat rm use inteliscan?
[13:03] {GeoArb} i have it but still learning how to use it
[13:03] {GeoArb} one day this bird will try to fly without vad;s calls :)
[13:04] {dino} lol
[13:04] {Threei} everyone wants to render me useless... sigh
[13:04] {Threei} wait... that's my hope for retirement
[13:04] {Threei} strike that sigh
[13:06] {judijim} noone uses esignal? maybe consider intelliscan down the road.
[13:06] {GeoArb} MF... so much for looking at previous pivot for support
[13:06] {Threei} what's wrong with it?
[13:06] {bruce} wfr short dino?
[13:07] {dino} rick stop to .50
[13:07] {dino} .60 i mean
[13:07] {GeoArb} i was looking at 12.4
[13:07] {GeoArb} it went thru it
[13:07] {dino} wfr, hmmm, heck of a comeback
[13:07] {Threei} support does not mean it will hold
[13:08] {Threei} support is for stop placement
[13:08] {Threei} same with resistance
[13:08] {GeoArb} ok
[13:08] {Threei} by themselves they are not very indicative
[13:08] {Threei} what is indicative is what they do when they hit support or resistance
[13:08] {GeoArb} ok
[13:09] {dino} out rick .61, +.49
[13:10] {dino} wfr nice spot, missed it
[13:11] {bruce} not in - not sure of entry for it
[13:11] {dino} no it ramps, maybe too hard
[13:11] {bruce} nihd - if can't breaqk 38.15 good short potential imo
[13:12] {bruce} just did - invalid for now
[13:13] {dino} was watchoing it at lunch
[13:13] {bruce} k
[13:13] {bruce} joyg spiking
[13:13] {dino} rick, ugh
[13:17] {dino} mf s sm risky .60
[13:17] {Threei} FSLR CEO: HOLDING MULTIPLE DISCUSSIONS REGARDING PRODUCTS WITH US UTILITIES
[13:17] {dino} nihd s .05 sm
[13:18] {Threei} MF is holding too well still
[13:18] {bruce} s ffiv .57 w 10 c stop
[13:19] {dino} hold this
[13:19] {Threei} shakes out but returns
[13:19] {dino} jesse, never know 'til you bet
[13:22] {dino} missed mtrx by .08
[13:23] {Threei} if you want to try MF again, .65 long if holding above .50
[13:24] {dino} my bstop mf is hod
[13:24] {dino} same w/nihd anyone took
[13:26] {bruce} still waiting on nihd dino
[13:28] {dino} smarter than i
[13:29] {bruce} you're luckier dino - trade you
[13:30] {dino} rbcn l .60, stop .23
[13:31] {dino} truthfully bruce, i think you're stops are too tight, otherwise you are a great capitulation trader
[13:33] {bruce} s mtrx .84 stop 20c
[13:34] {bruce} thanx dino
[13:34] {bruce} learniung - I think
[13:34] {dino} i'm waiting at .18, most likely not fill
[13:35] {dino} you are learning, , i just think in this market you need small size wider stops. otherwise rinse city
[13:35] {dino} magoo had same problem for awhile, as did i last june
[13:36] {GeoArb} back to flat for today
[13:36] {bruce} k- definitely get ots of that
[13:36] {GeoArb} grrr MF
[13:37] {dino} especially playing capits/euphorics, great big moves on them
[13:37] {dino} limit your loss to $250, size down widen stops, imho
[13:40] {markweb} 250 per trade?
[13:40] {GeoArb} thats 250 per play?
[13:40] {markweb} lol
[13:40] {GeoArb} whats daily stop max? something like jim's? :)
[13:40] {dino} yes max $250/trade loss
[13:40] {dino} if scalping, then tighter
[13:41] {dino} 2x's
[13:41] {dino} daily goal
[13:41] {dino} daily max stop
[13:41] {GeoArb} ok
[13:41] {dptl} so if you have 4 loosers in the row you stop for the day?
[13:42] {GeoArb} his goal is 700 so 6 loosers in row
[13:42] {dino} right
[13:42] {GeoArb} how many days like that have you had? :D
[13:42] {dino} very rare to have 6 l in row , but it can happen, yesterday had 3 l's out of gate, average loss was 185
[13:43] {dino} if something cchanges (looks wrong,) i tighten
[13:43] {dino} once itm i tighten, etc
[13:44] {dino} hate to give back profits, especially in this type market
[13:45] {GeoArb} curious what time zone dino
[13:46] {dino} eastern standard, pennsylvania
[13:46] {bruce} twilight geo
[13:46] {GeoArb} :)
[13:46] {bruce} sorry -couldn't resist
[13:46] {dino} up ast 6, kids on bus 7:30, 2 mile walk, work by 9
[13:46] {GeoArb} somebody look for vad !
[13:46] {GeoArb} work as in trading right?
[13:47] {dino} y, and r.e speculation
[13:47] {GeoArb} ok
[13:47] {Threei} why look for me?
[13:47] {GeoArb} i though coma came early.....
[13:47] * magoo slaps Laserdave1 around a bit with a large trout
[13:47] {GeoArb} it isnt even PST lunch yet
[13:48] {GeoArb} hey dave
[13:48] {dino} i know, thats why i can't move west
[13:48] {GeoArb} thanks for the hotkey lesson
[13:48] {magoo} vad..u greet dave?
[13:48] {GeoArb} i have become a keyboard stud
[13:48] {dino} would screw up the whole system, :)
[13:48] {Threei} hmmm
[13:48] {GeoArb} of course i cheated by stcik labels
[13:49] {GeoArb} for me west works
[13:49] {dino} nihd not working, tighten bstop to .31
[13:49] {GeoArb} wake up trade till 9:15 PSt
[13:49] {magoo} trout??
[13:49] {GeoArb} and then go to work
[13:49] {GeoArb} as in salaryman
[13:49] {GeoArb} when trade makes more then will revaluate
[13:50] {dino} same happened to me 9 years ago, owned insurance agency for 14 years
[13:50] {GeoArb} ok
[13:51] {GeoArb} i guess i am running a decade behind
[13:51] {GeoArb} :)
[13:51] {dino} 43
[13:51] {GeoArb} 32.4
[13:51] {GeoArb} 5
[13:52] {dino} i'll trade ya
[13:53] {GeoArb} :)
[13:53] {GeoArb} lets see if i learn anything from vad
[13:53] {magoo} u still using carry pigeons to deliver trade orders geo?
[13:53] {GeoArb} nope smoke signals
[13:53] {GeoArb} wall street guys specially like that
[13:54] {GeoArb} as its right up theeir alley
[13:54] {dino} lol
[13:55] {bruce} mtrx stopped - 24c
[13:56] {dino} thing is strong, cx my s order
[13:57] {dino} would've thought hod stop on it bruce
[13:57] {dino} watching to see what happens
[13:58] {dino} somebody slap nihd down
[13:59] {dino} 38 wall
[13:59] {bruce} strong resistance at 19 even dino - shouldn't have done the trade -
[14:00] {dino} just wondering, hod +.01 usually
[14:00] {dino} no worries, lets find another
[14:01] {bruce} prefer to set stop betwen a double top or bottome - smaller stop than if h or low gets taken out aggressively
[14:01] {dino} manually or auto/hard?
[14:02] {bruce} thats what I did there - - lower high at 19
[14:02] {bruce} auto in thiscase
[14:03] {dino} eye on uthr again, around .00 imo l
[14:03] {bruce} should have awaited fot stock to get close to 19 instead of taking close to breakdown level
[14:03] {magoo} [14:01] {dino} manually or auto/hard?
[14:03] {magoo} pervert
[14:04] {dino} mf bstop to .41 stuck
[14:04] {dino} cov mf,
[14:04] {dino} +.19
[14:06] {dino} the problem mtrx, is for our style chart was too gradual, needed that last big spike
[14:09] {bruce} k
[14:09] {bruce} will keep in mind - thought good chance itwas done
[14:10] {dino} good stop tho, look at it
[14:10] {bruce} good point though - no spike showingt yet in it
[14:12] {bruce} only 10 c above where I got stopped - but looksto be going north now
[14:16] {dino} uthr l .40 sm, stopm .09
[14:22] {magoo} rally to bell..or sell from hell?? {still a poet}
[14:23] {magoo} tough jobs report tomorrow
[14:28] {magoo} VVVVVVAAAAAAAAAAAADDDDDDDDDDDDD
[14:29] {Threei} what????
[14:29] {magoo} what u up too?
[14:30] {GeoArb} vad plotting against MF
[14:30] {Threei} looking....
[14:30] {Threei} pretending to think...
[14:30] {Threei} (not very successfully)
[14:31] {GeoArb} mf dinged me twice today
[14:31] {GeoArb} there is no way i am opening an account
[14:31] {dino} little lincoln park ...crawling
[14:32] {Threei} SIGNS LICENSING DEAL WITH MULTI-NATIONAL CONSULTING FIRM- The exact terms of the Agreement and the name of the consulting firm cannot be disclosed due to client/supplier confidentiality agreements.
[14:32] {Threei} CNIC
[14:32] {dino} nihd bstop to b/e too tough
[14:34] {dino} mf
[14:38] {dino} cov nihd .65, +.40
[14:38] {dino} ty bruce, your spot
[14:38] {bruce} nice one dino
[14:39] {dino} thx
[14:39] {bruce} mtrx looks to be losing steam
[14:40] {dino} dk, something not right w/it
[14:41] {dino} but if you s, stop at hod not much risk,
[14:42] {bruce} makes sense
[14:42] {bruce} not a bigspike so will probably try longagain befroe failing
[14:45] {dino} break of .25
[14:45] {magoo} MF man
[14:45] {dino} no
[14:45] {Threei} sigh
[14:47] {bruce} l uthr at .25 - stop at .09
[14:48] {dino} :)
[14:54] {dino} wsfs
[14:54] {dino} thin
[14:54] {dino} mtrx off screen
[15:00] {dino} good job uthr bruce
[15:01] {bruce} out uthr +.29
[15:02] {markweb} gj bruce
[15:02] {dino} back in 10
[15:02] {bruce} probsably exited too early
[15:05] {magoo} i have to go get rv ready for weekend..gonna hop here...made my daily vad..THANK U
[15:05] {magoo} C U all tomorrow
[15:05] {Threei} take care mags, gj
[15:07] {bruce} thanx mark bye magoo
[15:10] {Threei} MF is doing this dance again
[15:10] {Threei} narrow range up and down... holding well, shakes premature entries, then spikes
[15:11] {dino} trades like a m....f....r
[15:11] {Threei} lol
[15:12] {GeoArb} still licking my wounds on mf.... was up nicely and 2 stops send me bcak to square one.....
[15:12] {GeoArb} nothing personal...
[15:12] {GeoArb} of course :)
[15:12] {dino} iclr
[15:13] {Threei} there you go
[15:13] {Threei} shakedown to .92, then spike
[15:14] {Threei} and still no news
[15:20] {dino} mf drop\
[15:24] {bruce} mrtx nice drop dino
[15:28] {dino} y, break of .25 would've worked
[15:30] {dino} srcl
[15:30] {dino} not enough
[15:32] {bruce} bid trying long again
[15:38] {dino} crazy stock
[15:39] {dino} out uthr .80,
[15:39] {dino} =.40
[15:40] {dino} =
[15:40] {dino} +
[15:40] {dino} can't type
[15:42] {dino} bruce dcc
[15:43] {dino} mf dies
[15:43] {Threei} MF
[15:43] {Threei} SEEKING FINANCING ALTERNATIVES - WSJ CITES SOURCES
[15:43] {dino} as in we are in trouble and for sale
[15:44] {Threei} if BSC sale is any indication, it may not be that bad for MF, lol
[15:44] {dino} fcsx drop
[15:47] {Threei} sheesh
[15:50] {Threei} so what's next, they get bid at 2 and end up at 15?
[15:50] {Threei} or such luck is reserved for BSC only
[15:52] {dino} break of 11 coming
[15:52] {Threei} which way?
[15:53] {Threei} while you type it manages to break it twice, down then up :)
[15:53] {dino} down
[15:53] {Threei} you knew....
[15:54] {dino} chicken tho
[15:54] {Threei} MF all the way back into where it started a few hoirs ago
[15:54] {Threei} question is, is it worse off than back then?
[15:55] {dino} up now
[15:55] {Threei} and I missed 10.50 while typed
[15:55] {dino} no read
[15:56] {dino} rbcn stop to .69
[15:56] {Threei} 4 min left in case you lost track of time :)_
[15:57] {dino} bruce dcc
[16:00] {Threei} MF should be interesting tomorrow
[16:00] {Threei} OK guys, thank you all
[16:00] {dptl} man..took me 1hour and 40 min to make .30c blkb
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {markweb} see you
[16:00] {dptl} have a good evening all
[16:03] {dino} rbcn darn, not filled
[16:06] {dino} thanks all, appreciate the ideas
[16:14] {bruce} night all