Thursday, October 30, 2008

Oct 30 2008

Interesting day with quite a few of different trades. Quick ones on HIG and LVS, very slow and steady ARRS. We read well most of the day, then skipped traditional end of the day selloff, except couple quick bounce scalps. This pattern of selling at the end of session becomes all too familiar, the day when market fools too complacent traders and does the opposite is close.

Session Time: Thu Oct 30 00:00:00 2008

[08:56] {Threei} Good morning
[08:56] {cosmo} solars rising
[08:58] {cosmo} i hear no birds singing yet though
[09:00] {Onix} Good morning all
[09:00] {Threei} cosmo, onix :)
[09:01] {Raven} arghhhhh
[09:01] {cosmo} 3i:)
[09:01] {Raven} THAT WAS A SONG COSMO
[09:01] {cosmo} i heard a squawk
[09:02] {Raven} best I can muster
[09:02] {Threei} lol
[09:02] {cosmo} i understand
[09:02] {Raven} yes
[09:03] {Raven} more tea might help ... brb
[09:03] {cosmo} tea party
[09:08] {Threei} Q3 ADVANCED GDP ANNUALIZED: -0.3% V -0.5%E; PERSONAL CONSUMPTION: -3.1% V -2.4%E
[09:08] {Threei} INITIAL JOBLESS CLAIMS: 479K V 475KE; CONTINUING CLAIMS: 3.715M V 3.735ME
[09:08] {Threei} - Prior Initial Jobless Claims revised from 478K to 479K
[09:08] {Threei} - Prior Continuing Claims revised from 3.735M to 3.727M
[09:16] {Threei} market is testing yesterday's high
[09:16] {cosmo} me too
[09:17] {Threei} successfully?
[09:17] {cosmo} first cup went down good
[09:17] {ese} i'm here..i'm here....let the bells ring let the banners fly....i'm here!!!
[09:18] {Threei} {--- full of envy
[09:18] {Threei} ese :)
[09:18] {dptl} good morning all
[09:18] {ese} morning vad
[09:18] {Threei} dp :)
[09:18] {ese} dp
[09:18] {Onix} hi ese
[09:18] {Onix} hi dp
[09:18] {dptl} :)
[09:18] {ese} onix....
[09:19] {Threei} ideally, I'd like to see little pullback, shallow enouigh to warrant good support, a few minutes of consolidation, then break
[09:19] {ese} hows life in the fast lane ....of reality trader that is?
[09:21] {Onix} ese, it's no piece of cake, but I;m sticking to it
[09:22] {ese} i would agree....stick with it though.....
[09:22] {Geo} gm all
[09:22] {ese} geo
[09:23] {Onix} hi Geo
[09:23] {lisa_jay} Hi Geo.
[09:23] {ese} what looks good in pre market action Vad?
[09:23] {dino} gm all
[09:24] {ese} dino
[09:24] {Threei} geo :)
[09:24] {Threei} dino :)
[09:24] {Threei} I am very tempted to say my reflection in the mirror, ese... but that would be far from reality
[09:24] {Onix} hi dino
[09:24] {dino} :)
[09:25] {ese} ha ha ha were a comedian in a former life weren't you.....go ahead admitt it!!!!
[09:25] {Threei} yes but Seinfield was never worried, really
[09:25] {Threei} and I never quit my day job... thankfullty
[09:26] {dino} these open up big gaps have been getting filled lately
[09:26] {Geo} are you saying he isnt good enuff in this life ese?
[09:26] {Threei} yes dino
[09:26] {Threei} one of scenarios is gap fill, then ramp up
[09:26] {Threei} another is just upl,ift without gap fill
[09:26] {Threei} waiting to see which one materializes
[09:27] {ese} not at all.....just an observation.....
[09:27] {Threei} NVDA topped out at .80 yesterday
[09:27] {ese} i would agree with the up gaps scenario dino......always seems to pull back most stocks
[09:27] {Threei} LVS 10.97
[09:29] {ese} anyone see new on ACGY....
[09:29] {Threei} nothing fresh
[09:31] {ese} tks
[09:33] {Threei} LVS
[09:33] {Threei} bounce of 10, half lot
[09:35] {Threei} out who got it
[09:36] {Geo} in .17 out .03
[09:36] {Geo} beauty call vad
[09:36] {Threei} beauty
[09:36] {Threei} let it pull back
[09:37] {Threei} it's not done but it's a pullback stock rather than breakout
[09:37] {Geo} wow lvs as you said yesterday... will never stop
[09:39] {Threei} lol
[09:39] {Geo} anyone who is still holding is my hero
[09:39] {Threei} hawk, his whole 10K lot
[09:39] {Geo} and onix
[09:40] {hawkfan4} lol, no, but SLW pretty darn nice ;})
[09:40] {Threei} hehe
[09:40] {Onix} i missd it
[09:40] {Geo} wow LVS
[09:41] {Geo} no pullbacks
[09:41] {Threei} SLW is silver play, together with PAAS and SSRI
[09:41] {Threei} wow
[09:41] {Threei} who would have thought
[09:42] {Geo} isnt gdp number due today?
[09:42] {Threei} [09:08] {Threei} Q3 ADVANCED GDP ANNUALIZED: -0.3% V -0.5%E; PERSONAL CONSUMPTION: -3.1% V -2.4%E
[09:42] {dino} v sm l dxd .80
[09:43] {Geo} ops already done
[09:43] {Threei} market decided not to fill the gap today
[09:44] {Threei} watch Qs for long near .80
[09:45] {dino} stopped dxd too soon
[09:45] {Threei} if missed it, new play if .95
[09:45] {Threei} stop under .80
[09:46] {dptl} got .87
[09:46] {Threei} not a scalp
[09:48] {Threei} Long Setup: BRCM .83 if stays above .70
[09:51] {Threei} not holding support
[09:51] {Geo} out
[09:52] {dino} big rinse dxd,
[09:53] {Threei} not very clear here
[09:53] {Threei} pullback is deeper than smooth runup suggests
[09:53] {dptl} was out 33 +.13 qqqq ty
[09:54] {dino} gj
[09:54] {Geo} nice dp
[09:54] {dptl} ty
[09:55] {Threei} watching if FITB holding 10.95
[09:55] {Threei} Long Setup: FITB 11.10 break if stays above 10.95
[09:56] {Threei} nope
[09:57] {cosmo} FDRY tests .50 soon
[09:57] {cosmo} i think
[10:01] {dino} gs
[10:02] {Threei} churning action
[10:02] {Threei} no direction for now, sitting on a sideline
[10:03] {peterg} hello team
[10:03] {Threei} LVSA
[10:03] {Threei} matybe a double bottom at 11
[10:03] {Threei} LVS, sorry
[10:03] {Threei} peter :)
[10:03] {dino} going to blow one way or other
[10:04] {Threei} confirmation is a bit too far from bottom, above 11.50
[10:07] {Threei} Qs, either pullback into .75 - .80 zone
[10:07] {Threei} or break of .90 if stays above .85
[10:09] {ese} long CIEN .96 pullback on break full lot
[10:10] {Threei} had bid at .75, no hit
[10:10] {Threei} did I really need to save that 1 cent??
[10:10] {Threei} cancelling
[10:10] {Geo} :)
[10:10] {Threei} anyone was smarter?
[10:11] {Geo} just watching.... not clear enuff
[10:11] {Geo} LVS break of .5 with NQ?
[10:11] {Threei} [10:07] {Threei} Qs, pullback into .75 - .80 zone {--- thing hit .76 and bounced to .90, how was it not good enough for me?
[10:11] {Geo} lol
[10:12] {Threei} no, I had to be a perfectionist and try for the low of the zone
[10:12] {Threei} if stays above .25 Geo
[10:12] {dino} could be lower high in the making
[10:12] {Threei} and slippage is a b*tch on this one
[10:13] {Threei} so far yes dino, Qs couldn'rt break .90 on a few tries
[10:13] {Threei} reinforces .91 as long trigger
[10:13] {ese} Stop to .85 CIEN
[10:13] {Threei} but this time only if holding above .80
[10:14] {Threei} don't try to get it at .75 this time if drops there
[10:14] {Threei} too many retests
[10:14] {Threei} .60 next support for bounce
[10:15] {Threei} volume is very questionable everywhere
[10:16] {Threei} hard to make anything out of it
[10:18] {dino} uthr sm s .90, stop .33
[10:18] {dino} jumpy one careful
[10:19] {ese} BAAAAAAA. stopped CIEN .85 -.11
[10:19] {Geo} hmmm going towards gap fill?
[10:19] {Threei} a bit too far from there....
[10:20] {Threei} although with all the volatility we have, anything's possib;e
[10:20] {ese} maybe geo....
[10:20] {Geo} seems like lower highs lower lows
[10:20] {dino} stopped
[10:21] {Threei} where is magoo?
[10:25] {dino} bow hunting
[10:25] {Threei} argh
[10:25] {Threei} does he have a spare bow if I bring vodka?
[10:26] {Threei} (and to bring vodka I just need to invide dp, he never leaves home without 3 bottles - just in case he gets thirsty)
[10:26] {Threei} invite
[10:26] {laserdave1} ya we can dress magoo up with antlers on his head
[10:26] {dptl} lol
[10:26] {hawkfan4} lol
[10:26] {dino} lol
[10:27] {ese} alright....everyone close your eyes and picture that one........DRUNK BOW HUNTING}}}}}
[10:27] {laserdave1} lol
[10:27] {Threei} dream come true
[10:27] {laserdave1} that was good
[10:27] {Geo} atleast it wont hurt
[10:27] {laserdave1} i needed a morning laff
06[10:27] * Geo slaps laserdave1 around a bit with a large trout
[10:28] {Geo} how come we dont do this?
[10:28] {Geo} sorry bud.... the room made me do it
[10:28] {ese} sighting target with with eyes all askew......sure leavesa alot to the imagination......
[10:28] {laserdave1} hmmmm
[10:29] {laserdave1} i wonder if magoo is thinking of us right now?
[10:29] {laserdave1} and what he is thinking when he has that bow in his hand
[10:29] {Threei} yes but you don't want to know what exactly he is thinking
[10:30] {dino} dxd sm l .00
[10:31] {dino} i bet he's sleeping under tree, we went out for happy hour(s) last night
[10:31] {Threei} lol
[10:31] {dino} 4-9
06[10:32] * Chaeron slaps laserdave1 around a bit with a large trout
[10:32] {Chaeron} hi all
[10:32] {Threei} chaeron :)
06[10:32] * laserdave1 slaps Threei around a bit with a large trout
06[10:32] * laserdave1 slaps Threei around a bit with a large trout
06[10:32] * laserdave1 slaps Threei around a bit with a large trout
06[10:32] * laserdave1 slaps Chaeron around a bit with a large trout
[10:32] {Threei} what's with all the abuse
06[10:32] * laserdave1 slaps Geo around a bit with a large trout
[10:32] {Geo} now he is pissed
[10:33] {Threei} no, this is sign of happiness with dave
[10:33] {Geo} :)
[10:33] {laserdave1} laserdave1 slaps magoober around with a big large trout
[10:33] {laserdave1} indeed i love you allllllllll
[10:33] {Chaeron} must have been out drinking with mags last night
[10:36] {Geo} [07:18] {Geo} hmmm going towards gap fill?
[10:37] {Threei} [10:19] {Threei} a bit too far from there....
[10:37] {Threei} [10:20] {Threei} although with all the volatility we have, anything's possib;e
[10:37] {Geo} lol
[10:37] {Threei} since we are resorting to quoting ourselves... :)
[10:37] {Geo} hey i learned that from u
[10:37] {hawkfan4} [09:26] {hawkfan4} lol
[10:38] {Geo} thought that was a trading room service
[10:38] {hawkfan4} in dxd .05 small dino
[10:38] {dino} i'm a biot off today, use your head
[10:39] {dino} bit
[10:42] {Threei} still listless out there
[10:43] {dino} out dxd .90, +.90
[10:43] {Threei} pace picks up a bit
[10:44] {Threei} wtg dino
[10:44] {dino} ugh
[10:44] {dino} way soon
[10:45] {dino} wants to fill gap
[10:46] {dino} hawk, you get out?
[10:47] {hawkfan4} no, spaced on that spike, but i'm gonna hang with it
[10:47] {dino} gl
[10:47] {Threei} Long Setup: LVS 11.10 break
[10:47] {Threei} if stays above 10.90
[10:49] {Threei} Long Setup: QQQQ .41 if stays above .30
[10:49] {dino} don't get too greedy, imo...we can enter again
[10:50] {hawkfan4} yeah, was hoping for a faster run, if q's break .40 i'm out
[10:51] {Threei} Attention: LVS 1:1 half out, scalpers take profit
[10:51] {dino} dxd is dji x 2
[10:51] {hawkfan4} out .45 + .40, thx for the idea
[10:51] {dino} inverse
[10:52] {dino} gj
[10:52] {dino} watch dji, then trade it
[10:52] {hawkfan4} yep, thx :) was a good idea, gonna keep that one on my screen
[10:52] {dino} dji should top around 133
[10:52] {dino} it's a pulp trader
[10:52] {Geo} pulp?
[10:53] {Geo} pls elaborate
[10:53] {lisa_jay} Thanks Vad, LVS .23
[10:53] {Threei} :)
[10:53] {dino} george costanzza sienfeld, "pulp moves baby" when he got pulp in his eye
[10:53] {Chaeron} LVS in .12 out .34 +$0.22 thanks Vad
[10:53] {Threei} welcome guys
[10:54] {Geo} lol ok :)
[10:54] {dino} now if i hear that on cnbc.....
[10:54] {Threei} QQQQ over 1:1
[10:54] {Threei} LVS almost 1:2
[10:54] {dino} they used our costanazza trade, opposites
[10:54] {Threei} yeah, lol
[10:54] {Threei} fess up
[10:55] {Threei} who is CNBC's spy in here?
[10:55] {hawkfan4} I'm really Carl Quintania
[10:55] {dino} lol and i'm becky quick
[10:56] {dino} ok here comes 133 area
[10:57] {Geo} .12 to .42 .30 cents on LVS TY vad
[10:57] {dino} gj
[10:57] {Chaeron} nice Geo
[10:57] {lisa_jay} Great job Geo.
[10:57] {Threei} Qs anyone?
[10:57] {Threei} over 1:2 LVS
[10:57] {hawkfan4} yes, +14 vad, thx
[10:57] {Geo} i figured Q qould pull LVS more
[10:57] {Threei} out
[10:58] {Threei} hawk :)
[10:58] {Geo} multitasking is tough
[10:58] {Threei} no kidding
[10:58] {Chaeron} in Q's Vad
[10:58] {Threei} no matter how many times I try to walk and chew gum
[10:58] {Geo} true
[10:58] {Threei} just doesn't work
[10:58] {Threei} patialed out chaeron?
[10:59] {Threei} too jerky today
[10:59] {Chaeron} no
[11:00] {lisa_jay} I took it...but out for 5c only.
[11:01] {lisa_jay} QQQQ
[11:01] {Chaeron} took .12 on it and full out... Thanks Vad... again
[11:01] {Threei} welcome
[11:01] {Threei} I still have haalf
[11:01] {Threei} stop just under breakeven
[11:02] {Threei} .39
[11:02] {Chaeron} I got out so it would go up for you
[11:02] {Threei} oh
[11:02] {Threei} very considerate
[11:02] {Chaeron} see?
[11:02] {Geo} selfless
[11:02] {Threei} just don't count on me sharing the profit
[11:02] {Geo} lol
[11:02] {Chaeron} what? you're not into redistribution??????
[11:02] {Threei} I am not a fan of wealth spreading {G}
[11:02] {Threei} lived under that for 35 years, thank you very much
[11:03] {Threei} out in full
[11:03] {Threei} .67
[11:03] {Chaeron} great one
[11:03] {Chaeron} next!
[11:03] {Geo} i thought you went to canada to spread the word
[11:03] {Threei} word?
[11:03] {Threei} what wqord?
[11:03] {peterg} we are all fans of wealth spreading here: we take it from others for ourselves
[11:03] {Threei} I don't know any words
[11:03] {Threei} I know some letters
[11:03] {Threei} and hit them randomly
[11:04] {Threei} sometimes they do fall in just right
[11:04] {Geo} heh
[11:05] {Threei} you know that if you put 1000 monkeys in front of typewriters, they will write War and Piece eventually providing time is unlimited, right?
[11:05] {Threei} peace too
[11:05] {peterg} and Shakespear too
[11:06] {Chaeron} and given unlimited time, Threei will type one entry with no flaws...
[11:06] {Geo} ooooh
[11:06] {Threei} hmmm
[11:06] {Geo} i bet you spell checked that line cher
[11:06] {Chaeron} lol
[11:06] {Threei} I think monkeys have better shot at war and Peace, chaeron...
[11:06] {Geo} lol
[11:07] {Chaeron} awwwwww, *I* have faith in ya, big guy!
[11:07] {Threei} now he calls me fat
[11:07] {Threei} day of insults
[11:07] {Threei} and no magoo to slap
06[11:07] * Geo whistles
[11:07] {dino} dracula o history channel
[11:07] {Threei} just how bad can it get
[11:08] {dino} vad dracula, opps vlad
[11:08] {Geo} OIS
[11:12] {dino} sm l ddm .15
[11:18] {Threei} interesting trading today
[11:18] {Threei} period of drifting,
[11:18] {Threei} then suddenly readable pattern emerges
[11:19] {dino} stopped -.30
[11:19] {Threei} gotta take it, profit from it and go back on a sideline while market switches back to meaningless noize
[11:28] {Chaeron} .
[11:29] {hawkfan4} sh aapl sm .75, stop over 110
[11:32] {Geo} nice hawk
[11:32] {hawkfan4} whew
[11:32] {Geo} :)
[11:32] {Threei} beautiful
[11:34] {hawkfan4} thx, looking for under 109
[11:35] {Geo} chaeron dcc pls
[11:36] {hawkfan4} 1/2 out +.65
[11:36] {dino} nice
[11:36] {hawkfan4} ty
[11:36] {Threei} .65?
[11:36] {Threei} or 1.65?
[11:37] {Threei} oh, sorry
[11:37] {hawkfan4} 109.75 to 109.10
[11:37] {Threei} looking at wrong stock
[11:37] {Threei} never mind me
[11:37] {Threei} ever
[11:37] {hawkfan4} lol
[11:38] {Threei} looking at LVS...
[11:38] {Threei} this thing just won't give up
[11:38] {Threei} look how stubbornly it hangs in there
[11:39] {Threei} if it stays around these levels, it prepares big surprize once again
[11:40] {Threei} it's abit fuzzy because of volatilyt,
[11:40] {Threei} trades in zones rather than in exact levels,
[11:40] {Threei} but overall, rough idea:
[11:40] {Threei} 11.80 break if stays above 11.50
[11:41] {Threei} and if market decides to resume this relentless upward march which we love so much
[11:50] {_nicklam66} r we taking lunch
[11:51] {Threei} no, just waiting for something readable
[11:52] {dino} waiting to see what happens on gap fill
[11:53] {dino} filled
[11:54] {Threei} still in AAPL short hawk?
[11:55] {hawkfan4} yes, stop to .05 now
[11:55] {Geo} beauty
[11:55] {dino} now if pattern holds, up we go
[11:58] {hawkfan4} out +.70 rest, had a buck though. bad exits the last few days, too greedy
[11:59] {Geo} chaeron dcc pls
[11:59] {Geo} HIG classic DBI
[12:01] {Threei} Long Setup: QQQQ .18
[12:01] {Threei} stop under .10
[12:02] {dptl} l .19
[12:04] {Threei} offering half .29
[12:04] {Threei} half out
[12:05] {dptl} half out .30
[12:05] {Threei} stop to .14
[12:06] {dino} pattern holds
[12:06] {peterg} lousy exit & entry, still got .06 thks vd
[12:07] {lisa_jay} Thanks Vad, took .10 on q's and .19 on CVS (based on your Q's call).
[12:07] {Threei} LVS you mean?
[12:07] {Threei} good to see lisa... getting patterns down
[12:07] {lisa_jay} No, CVS - had a spike earlier, and pullback.
[12:08] {Threei} yup, I see now
[12:08] {lisa_jay} Yes, a lot of patterns are getting clearer, watchign your videos every night.
[12:08] {_nicklam66} r the videos available for trial members
[12:08] {Threei} that's one sentence I will have to edit out I think
[12:08] {Geo} lol
[12:08] {Geo} i just shivered
[12:08] {dino} oh no, i thought those videos were destroyed
[12:08] {Threei} lol
[12:09] {Threei} nicklam, lisa means scalping course videos
[12:09] {Threei} we have a few samples on a website
[12:09] {Threei} let me get url
[12:09] {_nicklam66} k
[12:09] {lisa_jay} I saw the one with you in it Dino...very....ahem!
[12:09] {dino} lol
[12:09] {Threei}
[12:09] {Threei} scroll down to sample links
[12:10] {_nicklam66} yea i c now . thanks
[12:10] {Threei} Attention: QQQQ stop to .19 for the balance
[12:10] {Threei} it's OK dino, everyone knows we were young and needed money
[12:11] {Threei} Qs held by fingertips
[12:11] {Threei} no more
[12:11] {dino} times were tough
[12:12] {dptl} out qqqq
[12:12] {Threei} but fun was had
[12:14] {Threei} overtightened stop a bit
[12:14] {Threei} too careful
[12:15] {dino} hig
[12:19] {hawkfan4} q's .29, stop .19
[12:20] {Threei} consolidates for further recovery so far
[12:20] {dino} hig sm l .60, risky
[12:27] {hawkfan4} out q's even, don't like the action
[12:28] {hawkfan4} besides i'm mesmerized by Vad's sultry voice on this video, hard to concentrate
[12:28] {Threei} lol
[12:31] {Threei} look at APOL chart
[12:32] {Threei} drawing by the pen tied to a tail of a drunken mule
[12:32] {hawkfan4} back in .35, stop .24
[12:33] {Threei} Long Setup: ARRS .32
[12:33] {Threei} two days break
[12:33] {Threei} for scalpers stop .24
[12:33] {Threei} for daytraders .19
[12:34] {dino} hig stopped, hmmmm tough day so far
[12:36] {dptl} long arrs .33
[12:37] {Threei} and for swing traders, under 6
[12:37] {Threei} scalpers are scalpers, they know where to exit
[12:38] {Threei} day traders, look to partial closer to .50
[12:38] {dino} lmdia
[12:38] {Threei} swing traders, aim for closer to 7
[12:42] {Threei} most probable pattern from here:
[12:42] {Threei} slow chrun,
[12:42] {Threei} boring pullbacks,
[12:42] {Threei} spikes to recent resistance levels with breaks,
[12:42] {Threei} new churn,
[12:42] {Geo} ICE
[12:42] {Threei} then strong accelerating run up
[12:45] {hawkfan4} so the real trick will be to stay awake for the run up. this is a snoozer
[12:49] {hawkfan4} ok dino, trying a dino-trade. short ice .25, stop hod
[12:49] {hawkfan4} tiny
[12:50] {dino} lol
[12:51] {Threei} it is a snoozing day so far,
[12:51] {dino} 79.25?
[12:51] {Threei} except a few fast trades earlier
[12:51] {Geo} chaeron out?
[12:51] {Threei} which makes me think, down is less likely
[12:51] {Threei} as in "never short a boring market"
[12:52] {hawkfan4} out ice +1.02
[12:52] {dino} gj
[12:52] {peterg} wtg
[12:52] {hawkfan4} thx :)
[12:53] {Threei} lol, in ICE terms it's almost like scalping the noize
[12:53] {Threei} good one hawk
[12:53] {dino} if dji falls, i'll try it
[12:54] {lisa_jay} Nice one Hawk.
[12:54] {hawkfan4} thx, working on my exits now. a buck's a buck
[13:00] {Threei} uptrend is broken a bit
[13:01] {dino} sm s ice .75
[13:02] {Threei} - indirect bidders take 23.8% of competitive bids
[13:02] {Threei} - notes draw 2.825% with 5.01% at the high
[13:07] {Threei} yawn
[13:07] {Threei} for a change, we are having boring day
[13:07] {Threei} if you missed boring days, enjoy while it lasts
[13:07] {dino} zzzzzzzzzzzzzzzz
[13:09] {Threei} ARRS makes these chewing noizes
[13:09] {Threei} new resistance broken, Qs
[13:10] {dino} ice stopped. i pretty much suck today
[13:11] {Threei} pattern is holding as described above
[13:11] {dino} qld l .30
[13:11] {Threei} either buy pullbacks for scalps on spikes into and above the resistance,
[13:11] {Threei} or buy and hold for big run later in the day
[13:13] {Geo} arrs is a dog
[13:13] {Geo} sorry
[13:13] {Geo} arrs is a sloth
[13:15] {dino} out qld .45. +.15
[13:15] {Geo} man HIG has no sense of direction :)
[13:15] {Geo} out ICE .40 small shares
[13:16] {dptl} shoul we moove stop to under .30 arrs??
[13:16] {Threei} personal deision
[13:16] {dptl} ok..ty
[13:16] {Geo} doesnt seem to have momentum
[13:16] {Threei} action allows for both, moving it and keeping it at original place
[13:18] {dptl} klac at .85? may be
06[13:18] * Threei weighs a few trouts, making plans with which one to slap Geo when ARRS hits all targets
[13:18] {Geo} yeah but i pnched out and ICE paid years ago
06[13:19] * Geo puts the trouts on ice
[13:19] {Threei} I will accept that argument when salesman in the store asks me how fast I made money I intend to pay for merchandise
[13:19] {Threei} and accepts fast money and rejects slow
[13:19] {Geo} hehehehe
[13:20] {Geo} 300 shares of ice made more money
[13:20] {Geo} i know i know
[13:20] {Threei} more than what?
[13:21] {Geo} arrs
[13:21] {Threei} ummmm
[13:21] {Threei} oranges vs apples?
[13:21] {Geo} [10:20] {Geo} i know i know
[13:21] {Threei} if you want to compare in a comparable basis, shouldn't ytou define how many shares of ARRS?
[13:21] {Geo} anyway 1.5 daily so thanks vad....
[13:21] {dino} lmdia l .50
[13:21] {Geo} :) ill take trout
[13:21] {Threei} oh, that's still ahead
[13:22] {Threei} for now let's talk math
[13:22] {Threei} how big a stop with 300 shares ICE?
06[13:22] * Geo hides
[13:22] {dino} .50
[13:22] {Threei} come out and learn, you wuss :)
[13:22] {Geo} 50
[13:23] {Threei} so, $150
[13:23] {dino} yes
[13:23] {Threei} let's compute ARRS
[13:23] {Threei} 7 cents stop,
[13:23] {Threei} how many shares will give you same stop loss size?
[13:23] {Geo} 70
[13:23] {Geo} 2k
[13:24] {Threei} so, how ICE makes MORE money?
[13:24] {Geo} hehehe ARRS is a dog
[13:24] {Threei} FASTER - yes
[13:24] {Threei} MORE - can't see it
06[13:25] * Geo agrees crestfallenly
[13:25] {Geo} faster ummmmm magoo you around?
[13:25] {Geo} bow hunting
[13:26] {dino} lmdia stop to .65
[13:26] {dino} to .74
[13:27] {dino} give me bottom on hig 3i
[13:27] {dino} 8.60 thinking
[13:28] {Threei} feels more like 8.20 to me
[13:29] {dino} 8.60 laying out sm
[13:29] {Threei} bottom is about to fall out from under it
[13:31] {dino} to where? that is the q
[13:31] {dino} lmdia to .82
[13:32] {dino} bring pru down w/it
[13:32] {dino} cx hig
[13:33] {dino} to .92
[13:34] {dino} out lmdia .92, +.42 size
[13:34] {Chaeron} niiiiiiiice
[13:34] {dino} ty
[13:34] {Chaeron} Hig hit .60
[13:35] {dino} darn hig hit .57 and bounced
[13:35] {hawkfan4} nice dino
[13:35] {dino} ty
[13:36] {dino} finally in black
[13:37] {dino} took ols scalp mode
[13:37] {dino} old
[13:37] {dino} hig panic
[13:37] {peterg} nothin wrong with old scalp mode
[13:38] {peterg} except unless you have the new scalp mode, but I haven't published the details yet
[13:38] {Geo} indeed
[13:39] {peterg} INDEEEEEEEEEEEED
[13:39] {dino} l .80
[13:39] {Threei} ARRS the dog barks at Geo
[13:39] {Threei} 1:1 for scalpers
[13:39] {dino} too stoon stopped
[13:39] {Geo} heh some get nudged by market.... some need to be kicked
[13:39] {Threei} here comes my 8.20
[13:39] {dino} -.25
[13:39] {Chaeron} HIG... .20
[13:39] {Chaeron} oops coming I meant
[13:40] {Threei} good boy HIG... made both of us right
[13:41] {Geo} [08:59] {Geo} HIG classic DBI
[13:41] {Geo} sad that i only got 10 cents
[13:44] {dino} that thing is wicked, must be halloween
[13:44] {Threei} so, I was wrong by 3 cents
[13:44] {dino} new support 8.50ish
[13:44] {Geo} unforgivable
06[13:44] * Threei rains ashes on his head
[13:45] {Geo} we expect better from BDs
[13:46] {Geo} dino you in?
[13:47] {dptl} half out arrs
[13:47] {Threei} dp
[13:47] {Threei} do me a favor
[13:48] {Threei} slap geo
06[13:48] * Geo ducks
[13:48] {dino} wow hig sapike
06[13:48] * dptl slaps Geo around a bit with a large trout
[13:48] {dptl} there
[13:48] {Geo} tch tch
[13:48] {Threei} thank you, I owe you
[13:48] {Geo} BD getting others to do dirty work
[13:48] {Threei} no
[13:48] {Geo} wow ICE
[13:49] {Threei} I am saving my trout for when ARRS hits .50 and higher
06[13:49] * Chaeron slaps Geo around a bit with a large trout
[13:49] {Chaeron} there... I loaned you one Threei
[13:49] {Geo} et too?
[13:49] {Geo} tu
06[13:50] * Threei spreads his thanks all around
[13:50] {Geo} man i am tired of this election
[13:51] {Geo} OCR
[13:51] {Threei} ARRS the dog growls at Geo
[13:51] {dptl} offering .54
06[13:51] * Geo skating on thin ice
[13:52] {dptl} stop under .35
[13:52] {dino} pru freefall
[13:57] {Geo} ocr flying
[13:57] {dino} strange met not affected
[13:59] {dino} pru sm wide risky l .30
[13:59] {dino} l
[13:59] {dino} stopped
[13:59] {Threei} out half ARRS .48
[14:00] {dino} rinsed, jumping around
[14:03] {dino} these insurance companies, put your bids 1.50 below normal
[14:04] {dptl} out all arrs ty
[14:04] {dino} who's next for big drop, met?
[14:05] {Threei} welcome dp
[14:05] {Threei} ok Geo
[14:05] {Threei} stand straight please
[14:05] {Threei} keep your head high
06[14:05] * Geo slaps Geo around a bit with a large trout
[14:05] {dptl} lol
[14:05] {Threei} look me in the eyes
06[14:05] * Threei slaps Geo around a bit with a large trout
06[14:05] * Threei slaps Geo around a bit with a large trout
06[14:05] * Threei slaps Geo around a bit with a large trout
[14:05] {Geo} i thought i would die of old age
[14:05] {Threei} nope, not as a daytrader
06[14:06] * Geo goes off to magoo's corner
[14:06] {dino} lol
[14:07] {Geo} i took HIG thanks vad/dino
[14:07] {Threei} :)
[14:07] {Threei} market does what we envisioned earlier so far
[14:08] {dino} hig back to 10
[14:09] {dino} gj geo
[14:09] {dino} if pru taskes 28, l imo
[14:09] {dino} risky
[14:10] {dino} ok
[14:10] {Chaeron} sorry... I was distracted... I sold ARRS at .54 for $0.21... thanks Vad...
[14:11] {Geo} out pru TY dino
[14:11] {dino} :), me too
[14:12] {dino} another pulp stock, i guess we found some action
[14:13] {dino} afgain,
[14:13] {dino} waiting at .70
[14:14] {dino} no good stopped
[14:15] {Geo} V
[14:15] {dino} good report v
[14:20] {dino} ci
[14:20] {dino} pru again
[14:21] {Threei} sorry, had to answer phone call
[14:21] {Threei} welcome chaeron :)
[14:23] {Threei} - Letter notes GMAC faces reduced funding.
[14:23] {Threei} - GMAC spokesperson declines to confirm contents of letter
[14:23] {dino} out pru .00, +1.00
[14:23] {Threei} .80 break should launch QQQQ
[14:24] {Chaeron} scalping it?
[14:25] {Threei} next spike should take it into .95 area, then most likely pullback
[14:26] {Threei} hard to tell chaeron
[14:26] {Threei} we went through churning period I talked about,
[14:27] {Threei} coming into run pweriod
[14:27] {dino} ci l .80
[14:27] {Threei} whether it's in full blast yet or some more shaking out nwds to be done...
[14:27] {Threei} here is .95
[14:28] {dino} wow pru back to 30
[14:28] {Threei} out 1/4 more ARRS .66
06[14:28] * Geo looks busy
[14:28] {Threei} hwere is pullback from .95
[14:28] {Geo} took QLD in liu of QQQQ Ty vad
[14:29] {Threei} how about this precision
[14:29] {Threei} welcome sir
[14:29] {dino} gj
[14:29] {Threei} ty
[14:29] {Threei} happy with my today's read on the market
[14:30] {Threei} but it doesn't take much to make me happy... I am generally happy person
[14:30] {Threei} unless I feel grumpy of a particular day
[14:30] {Threei} which consitutes about 4 days out of 5
[14:33] {lisa_jay} Sounds like my trading pattern.
[14:34] {Threei} lisa... if you follow calls, there is no way you wouldn't be in the money
[14:34] {lisa_jay} Should add that this was before I joined the room :-)
[14:34] {Threei} OK... that makes me happy... again
[14:35] {Threei} lol
[14:35] {Threei} see? I aam joking, laughing at my own jokes and enjoy being alone who laughs at them
[14:35] {Threei} isn't it ultimate definition of happiness?
[14:35] {Geo} ummm happiness or........
[14:35] {Threei} idicoy?
[14:35] {Threei} idiocy
06[14:36] * Geo wants to be in the room
[14:36] {Threei} whatever... I like it however you name it :)
[14:36] {Geo} lol
[14:36] {lisa_jay} Vad, any read lvs
[14:37] {Threei} I'd try it long here
[14:37] {Threei} with stop under 11.90
[14:38] {Threei} Qs follow the path... pullback, jump back to high and breaking it
[14:39] {Threei} this pullback should bottom out around .85
[14:39] {Threei} and go above 33
[14:39] {Threei} if loses .80 again, not sure if patter remains intact
06[14:42] * Threei kicks QQQQ in the rear
[14:43] {Threei} oops... wrong side
[14:45] {Chaeron} try the other side?
[14:46] {Threei} I won't
[14:46] {Threei} end of day selloffs become old
[14:47] {Chaeron} no I meant kick the other cheek to get it up?
[14:47] {Threei} ah
[14:47] {Threei} trying
[14:50] {Threei} whew... took a lot of kicking
[14:50] {Chaeron} cmon 33+....
[14:51] {Threei} let me kick it again
[14:51] {Threei} now that I know where the front is...
[14:51] {Chaeron} lol
[14:55] {Threei} hmmm
[14:55] {Threei} lower high
[14:55] {Threei} not liking it
[14:56] {dino} ci stopped -.06, thing can't get thru .84
[14:56] {dino} wow ice
[14:58] {Threei} people interviewed on TV say they will turn TV off on election night - because emotions will be "too much"
[14:58] {Threei} hmmm
[14:58] {Geo} lol
[14:58] {Threei} and Geo called me idiot?
[14:58] {Geo} hey id didnt
[14:58] {peterg} sold ci, +.01!
[14:59] {peterg} tks dino
[14:59] {Threei} don't spend it all at once peter
[14:59] {peterg} rite
[14:59] {dino} sorry bro
[14:59] {Threei} we have a lot of inflationary pressure as it is
[14:59] {Geo} he had 100k shares
[14:59] {peterg} np
[14:59] {Chaeron} I stopped Q's at -.08
[14:59] {Chaeron} thanks for the effort Vad
[15:00] {lisa_jay} lvs stopped -.05.
[15:00] {dino} the .80 entry was at the wall, just couldn't bust thru
[15:00] {dino} maybe entry here in .60s
[15:00] {dino} if mkt helps
[15:00] {Threei} no seriously... how can someone who doesn't have personal onnection to any of candidates, or his job depending on election result, be that deeply involved emotionally?
[15:00] {Geo} [11:59] {Chaeron} thanks for the effort Vad
[15:00] {Geo} havent heard that one before
[15:01] {Threei} that's what polite people do geo
[15:01] {Geo} oooooh
[15:01] {Threei} instead of calling my picks "dogs" {GGG}
[15:01] {peterg} person: "o, if x wins, the world will come to an end. I cant stand it
[15:01] {peterg} must sit in dkness & wait
[15:01] {Threei} no kidding
[15:02] {dino} met l .26
[15:04] {dino} out met .38, +.12
[15:05] {dino} sure now ci goes
[15:06] {Threei} ugh
[15:06] {Threei} here comes 33
[15:06] {Chaeron} dang it
[15:07] {Threei} that was tough read
[15:07] {Threei} lower highs and lows, then sudden spioke
[15:07] {Geo} thanks vad
06[15:07] * Geo trying to redeem
[15:07] {Threei} lol
[15:07] {Chaeron} not on pb?
[15:08] {dino} met l .22
[15:08] {lisa_jay} Q's bounced off the uptrend line near .7 (.71)
[15:08] {dino} out metv .42, +.20
[15:09] {dino} finally over daily, tough morning
[15:09] {Threei} good job dino
[15:09] {dino} thx got lucky, went to fl scalp mode
[15:09] {lisa_jay} Wow Dino.
[15:10] {lisa_jay} FL - full lot?
[15:10] {dino} i have to say, scalping is still easiest way, don't know why i fight it
[15:10] {dino} yes lisa= 1k shares
[15:10] {dino} thats why tight
[15:11] {Geo} excellent dino
[15:11] {Threei} look at this drop
[15:11] {Threei} I can't read this
[15:11] {dino} well, normal way was not working today, had to adapt
[15:12] {lisa_jay} Yes, been volatilile at this time.
[15:13] {dino} as run dmc would's tricky
[15:13] {dino} showing my age
[15:17] {dino} hmmm, do they take it negative again?
[15:17] {dino} watching dxd, qid
[15:17] {dino} gut says neg.
[15:19] {dino} ouch hig
[15:19] {Threei} it acryually applied to NYSE to change symbol to OUCH
[15:20] {dino} lol
[15:20] {dino} but applying for fed funds
[15:20] {Threei} NYSE replied they'd have to move to NASDAQ as 4 letters symbols are for OTC stocks
[15:21] {dino} qid sm l .50
[15:21] {dino} out qwid .90, +.40
[15:22] {dino} lol
[15:22] {Geo} nice scalp dino
[15:23] {dino} ty
[15:24] {dino} qid sm l .30
[15:25] {dino} stopped darn
[15:25] {dino} -.40 gave it back
[15:28] {Chaeron} I can't read it... time for beers
[15:28] {Geo} :)
[15:28] {Geo} thanks all
[15:29] {Threei} geo exrcizes in politness
[15:30] {dino} lol
[15:34] {dino} ugh rinsed qid, thing went up dollar
[15:38] {Threei} half lot long HIG .20 break
[15:39] {Threei} out half .42
[15:40] {Threei} stop .15
[15:41] {Threei} out
[15:41] {dino} gj
[15:42] {Threei} should have just scalped full
[15:42] {Threei} but 10 looks so close on the chart, lol
[15:43] {dino} this market is really messing around again
[15:43] {dino} i just missed qid at 65, 1 min. later its 66
[15:47] {Threei} wow LVS
[15:48] {Threei} dump is as heavy as liftoff was
[15:48] {Threei} 10 break for wuick scalp anyone?
[15:48] {dino} pru possible re-test
[15:49] {Threei} out +.22
[15:50] {Threei} everyone's asleep?
[15:50] {hawkfan4} yes
[15:50] {peterg} yezz
[15:51] {Threei} OK... fastest money today
[15:51] {Threei} but hey, I am getting beaten for slow money on ARRS and ignored when offer fast
[15:51] {Threei} monastery is in effect
[15:52] {dino} gj vad
[15:52] {Threei} ty
[15:54] {dino} lol qid under 65
[15:56] {Threei} both moved greatly, LVS and HIG
[15:57] {dino} yeah, on screen for tomorrow
[15:57] {dino} calling it a day, had a very good afternoon, thanks for encouragement and ideas
[15:57] {Threei} didn't want to dive in again on last 5 minutes
[15:57] {dino} just missed pru again 27.30, look now, sheesh
[15:57] {Threei} nice day
[15:58] {Threei} thank you all
[15:58] {Threei} have a good evening, see you tmorrow
[15:58] {dptl} have a good evening all :)
[15:58] {dino} will watcing pru, met, ci, hig tomorrow too, the "pulp-ers"
[15:58] {peterg} aapl always interesting
[15:58] {lisa_jay} Thaks Vad.
[15:59] {peterg} so long team, vad
[15:59] {dino} yes peter, will watch it
[15:59] {dino} later all
06[15:59] * Chaeron slaps laserdave1 around a bit with a large trout
[16:00] {lisa_jay} Bye Dino
[16:00] {dino} cya lisa