Friday, October 31, 2008

Oct 31 2008

One of those "can do no wrong" days. A lot of good plays, funny and relaxed conversation in the room, and even some really really bad poetry. What's not to enjoy.

Session Time: Fri Oct 31 00:00:00 2008

[08:32] {hawkfan4} good morning
[08:33] {magoo} mornink comrades of the revolution
[08:34] {hawkfan4} mags :)
[08:35] {magoo} u guys make good bling yesterday?
[08:36] {hawkfan4} yeah, decent day scalping the qqqq's pretty much. vad had some good calls
[08:38] {cosmo} qqqq is a good growth stock right now
[08:40] {magoo} markets close up or down and how much?
[08:41] {hawkfan4} dow +190, comp +41
[08:41] {magoo} ty, um hawk:)
[08:41] {magoo} eaglefan?
[08:43] {hawkfan4} da bears...
[08:51] {Onix} Good morning all
[08:54] {patience} good morning onix and rt :)
[09:00] {Onix} hi patience
[09:05] {lisa_jay} Good Morning everyone....Happy Halloween.
[09:06] {Onix} hi lisa
[09:06] {cosmo} my favorite religeous holiday
[09:09] {lisa_jay} Futures down this morning....UAUA, AIRT, AKAM up. Oh Dino's HIG is up too.
[09:09] {ese} morning
[09:10] {Onix} hi ese
[09:10] {lisa_jay} Hi Ese.
[09:10] {ese} onix...lisa
[09:12] {lisa_jay} Is Vad off today?
[09:12] {dino} gm all
[09:12] {lisa_jay} Hi Dino.
[09:12] {ese} dino......
[09:12] {Onix} dino :)
[09:12] {Threei} Good morning
[09:12] {ese} don't think so....
[09:13] {Threei} how's this for grand entrance:
06[09:13] * Threei slaps magoo around a bit with a large trout
[09:13] {ese} could be out in his exercise room he built last year
[09:13] {dino} lisa, my hig? did you know me about 10 years ago?
[09:13] {Threei} rofl
[09:13] {lisa_jay} Maybe...
[09:13] {Onix} Vad :)
[09:14] {dino} i uwas an independent agent, they were my biggest carrier
[09:14] {patience} AIRT, omg, remember the momo on that oe
[09:14] {lisa_jay} Oh, ok.
[09:14] {patience} one
[09:14] {lisa_jay} You were trading it yesterday...
[09:14] {dino} did a 14 year tour of that business
[09:14] {dino} yes
[09:16] {Threei} 08:01am [AIRT] Reports Q2 $0.55 v $0.22 y/y, R $24M (+38% y/y)
[09:17] {peterg} morning & happy halloween
[09:17] {Threei} peter :)
[09:18] {Onix} hi peter
[09:18] {peterg} Onix
[09:18] {peterg} hi
[09:18] {Threei} dino... did I knocked magoo unconscious?
[09:18] {Threei} ummm... only wioth better grammar
[09:18] {peterg} did he get any meat yesterday?
[09:18] {dino} sleeping
[09:18] {peterg} bowhuntg
[09:19] {peterg} people do that in minnesota
[09:19] {cosmo} find a good bow?
[09:19] {peterg} not me
[09:19] {dptl} GOOD MORNING ALL
[09:19] {dptl} OOPS
[09:19] {peterg} not so loud
[09:20] {dptl} sorry :)
[09:20] {peterg} better tks
[09:20] {peterg} little hung over
[09:21] {Threei} wow dp
[09:21] {Threei} THAT'S a grand entrance
[09:21] {dptl} lol
[09:21] {Onix} dp :)
[09:21] {magoo} morn vad
[09:21] {Threei} hi mags
[09:21] {Geo} gm all
[09:22] {peterg} we been talking about you mags-any luck hunting yesterday?
[09:22] {dino} peter tipping a few last night
[09:22] {peterg} hi geo
[09:22] {Threei} geo
[09:22] {peterg} yes fun while it lasted
[09:22] {lisa_jay} Hi Geo.
[09:22] {dino} :)
[09:23] {peterg} aapl dropping
[09:24] {cosmo} AKAM needs to hold 15 imo
[09:24] {cosmo} for the mkt's sake...
[09:25] {magoo} saw a lot of wildlife...but with bow..u gott to get close
[09:25] {magoo} so nuttin ...YET
[09:25] {magoo} saw 2 bears...3 eight pointers
[09:25] {patience} deer on my front lawn every morning and evening dino
[09:25] {patience} oops
[09:26] {patience} ooops, magoo
[09:26] {peterg} same here with deer
[09:27] {magoo} we have alot of bears here
[09:27] {cosmo} neighbors dogs here
[09:27] {patience} we had a black bear in town couple of weeks ago
[09:27] {hawkfan4} the occasional squirrel here
[09:27] {peterg} still screwy neighbors with music?
[09:27] {peterg} bad music?
[09:28] {peterg} occ. fox
[09:28] {peterg} racoons
[09:28] {peterg} turkey once
[09:28] {patience} where are you peter
[09:28] {peterg} minnesota
[09:28] {peterg} right outside minneapolis, our big city
[09:28] {ese} What is this stock RATE.....
[09:29] {hawkfan4}
[09:29] {cosmo} sometimes i get a preening red tail...but no matter
[09:29] {patience} send me a photo of it sometime cosmo
[09:30] {cosmo} i'll try
[09:30] {ese} what is bankrate .com an exchange traded fund of some kind...
[09:30] {cosmo} will let ya know...:)
[09:30] {cosmo} AKAM
[09:31] {dino} mortgage broker i think
[09:31] {dino} i thiught was buying them. i may be wrong
[09:33] {Threei} UAUA loses it's mind again
[09:33] {dino} morn blood
[09:33] {ese} THOR
[09:34] {Threei} wow
[09:34] {Threei} typed UAUA long .11, and it was above .30 while I typed
[09:35] {ese} KLAC could be pull back condidate
[09:37] {dino} mcrs
[09:39] {Threei} Long Setup: HIG .35 break half lot
[09:39] {Threei} stop under .20
[09:41] {Threei} half out .65
[09:42] {magoo} waiting 86
[09:42] {Threei} stop to under b/e
[09:43] {peterg} very nice vad; I hesitated & missed the ride.
[09:43] {Threei} it gave sewcond chasnce, plus minus 2-3 cents
[09:43] {Geo} in .38
[09:43] {peterg} oh yeah
[09:43] {Geo} out .67
[09:43] {Threei} holding well
[09:43] {ese} tks .44 out .72 lot and a half
[09:44] {lisa_jay} It actually went to .36 - .37 - I missed too. Sigh.
[09:44] {Threei} wow
[09:44] {Threei} lot anf half on this one
[09:44] {Threei} living on the edge, ese :)
[09:44] {ese} yes indeed......
[09:44] {ese} $381.00 tks nice way to start the day
[09:44] {Threei} I'll say
[09:44] {peterg} wtg ese
[09:45] {patience} i'm trickn and treatn at your house ese, nice
[09:45] {hawkfan4} nice es
[09:45] {ese} take a look at THOR for me Vad
[09:45] {ese} wouldn't do full lot here....not enough volume
[09:46] {Threei} too thin and volatile ese...
[09:46] {Threei} worst thing is, it's not trading smoothly
[09:46] {Threei} no stream of prints
[09:46] {ese} tks
[09:46] {Threei} anything can happen on this kind when burst of prints appears
[09:47] {dino} pru
[09:47] {ese} how KALC on the bounce
[09:47] {Geo} cvs
[09:47] {Threei} look UAUA
[09:47] {Threei} holding well
[09:47] {Threei} I'd say, .50 break long if holding this level
[09:48] {Threei} or aggressively if NQ reverses sharply
[09:48] {Threei} KLAC, a bit too wide swings in a single ba for a relaible readr
[09:49] {ese} tks
[09:49] {dino} pru sm riskly l .60
[09:49] {Threei} RIMM
[09:49] {Threei} -Verizon has not made a formal annoucement other than saying it hoped to have the Bold in stores by Christmas.
[09:49] {Threei} -The Bold is RIMM's first touch-screen with iPhone like bio-feedback
[09:50] {Threei} UAUA:
[09:50] {Threei} if you went in aggressively, stop under .25
[09:50] {Threei} if waiting for a break, .30 is invalidating level
[09:50] {dptl} l .37 uaua
[09:51] {Threei} half out for agressive here
[09:51] {dptl} yep
[09:51] {Threei} half out for regular here
[09:52] {Geo} all out 30 cents TY vad
[09:52] {Threei} :)
[09:52] {Threei} don't you love them when they work for all styles
[09:52] {Threei} ages
[09:52] {Threei} genders
[09:52] {Threei} hairdresses
[09:53] {Threei} stop to under .35 for the balance
[09:53] {dino} out pru .20, +.60
[09:53] {Threei} wtg dino
[09:53] {dino} ty
[09:54] {Geo} anyone took cvs?
[09:54] {dino} ci dropping
[09:54] {dino} met strongest
[09:55] {Threei} good... we are confident bunch
[09:55] {dino} risky sm l ci .20
[09:56] {ese} always wondered if those numbers came from the U of M Frat house....
[09:56] {Threei} lol
[09:57] {lisa_jay} CVS Dino, had it on my screen, hesitated (since lack of experience), story of my morning.
[09:57] {dino} good report last night i think lisa
[09:57] {lisa_jay} Sorry that was for Geo....
[09:58] {dino} darn should've held pr
[09:58] {lisa_jay} Yes Dino.
[09:58] {dino} pru
[09:58] {Geo} :)
[09:58] {dino} yes geo and i look alike
[09:58] {Geo} lol
[09:58] {Geo} exceedingly handsome twins
[09:58] {Threei} rofl
[09:58] {peterg} arnold schwarzeneger and danny devito
[09:59] {dino} stop ci -.38
[09:59] {peterg} great movie
[09:59] {Threei} ALTH
[09:59] {Threei} old buddy
[09:59] {Threei} 7 break
[09:59] {Threei} looks exceedingly handsome on daily, to borrow from Geo
[09:59] {dino} rally
[09:59] {Threei} low volume...
[10:00] {dino} lol peter
[10:01] {peterg} leaving ocean of endless possibilities for profit for 2 hrs
[10:02] {Threei} not good peter... dino and hawk will get them all
[10:02] {peterg} true
[10:03] {dino} pru sm l .80
[10:03] {Threei} wow
[10:03] {Geo} BKC vad
[10:03] {Threei} I was first to hit 7, and it seems the only
[10:03] {Threei} and I got only 642 shares
[10:04] {dino} it's our job, don't hate us
[10:05] {Threei} had limit 7.03, no single share above 7
[10:05] {Threei} Long Setup: LLTC .80
[10:05] {dptl} yeah same here got nothing
[10:05] {Threei} 2 days break
[10:06] {Threei} dumped ALTH for a small scalp
[10:06] {Threei} not worth babysitting
[10:10] {Threei} .60 is LLTC support for stop/invalidation
[10:11] {dino} last try pru l sm .20
[10:13] {amarg} hello vad,
[10:13] {Threei} good morning amarg, welcome to the room
[10:13] {Threei} missed couple good ones... gotta wake up earlier :)
[10:13] {amarg} can you give me any outlook on dxd, and how can I setup for some entry or exit points
[10:13] {amarg} ok
[10:14] {Threei} DXD as it stands now is a short at 72 if stays below 72.35
[10:15] {Threei} volatility is very high
[10:15] {Threei} why do you need to mess up with it as your starting point
[10:15] {Threei} 45 minutes into the day, we already had a lot of much safer plays
[10:16] {amarg} well, I have couple of long positions in it, and got hit hard couple of days ago, trying to decide to cut short losses or wait till day end today as it's friday and may be market falls and dxd goes up a little
[10:16] {Threei} let's tighten LLTC to under .70
[10:17] {Threei} I'd expect it to be above 23 by now, don't like such stall
[10:17] {amarg} but if you say short at 72, that is opposite of what I may be wishing, may be its time to take a loss, I don't know
[10:18] {Threei} I don't have comments on longer time frame amarg... market has been making too wide swings
[10:18] {Threei} this is pure daytrading time
[10:19] {amarg} for today's daytrade, do you have some outlook on market's direction?
[10:19] {Threei} with ranges for the day anywhere from 400 to 1000 points, no point in guessing
[10:19] {Threei} amar, that's not how we trade
[10:19] {Threei} why don't you observe for a while
[10:19] {Threei} market doesn't necessary have one direction for whole day
[10:20] {amarg} speaking of which, how to find out what you are trading or others, or should I just watch the conversation for clues
[10:20] {Threei} when I say short at 72, it doesn't mean that's the direction for the rest of the day
[10:20] {Threei} we post it right here
[10:21] {Threei} [09:39] {Threei} Long Setup: HIG .35 break half lot
[10:21] {Threei} [09:39] {Threei} stop under .20
[10:21] {Threei} when you see this kind of alert, that's your guidance
[10:22] {Geo} vsea vad?
[10:22] {Threei} thin...
[10:23] {Threei} look at the spread
[10:23] {Geo} y
[10:24] {Threei} UAUA
[10:24] {Threei} grrr
[10:24] {dptl} jblu?
[10:25] {Threei} .51... if stays above .45
[10:25] {amarg} so that I understand it, HIG is a good entry for long positon at 9.35, if it goes down to 9.20 get out, is there a upside get out indicator as well, I got out
[10:25] {Threei} was, amar
[10:25] {Threei} that was the call at the moment
[10:25] {Threei} we took our profits long ago
[10:25] {Threei} and there was a call to take profit
[10:26] {amarg} ok
[10:26] {Threei} problems with NYSE, be careful
[10:26] {Threei} 10:25:55 ADMIN7 --} (All): NYSE having streetwide issues!!!
[10:26] {dptl} stopped lltc
[10:26] {Threei} yup
[10:27] {dptl} l jblu .51
[10:30] {Threei} for a scalp type I you have 1:1
[10:30] {Threei} and over
[10:30] {Geo} nice dp
[10:33] {Threei} HIG is getting lucrative
[10:33] {Threei} yesterday's low 8.23
[10:33] {dptl} ty
[10:33] {magoo} u short HIG?
[10:33] {Threei} no
[10:34] {Threei} looking for long entry, but want it lower
[10:38] {dino} wanted 8.20 yesterdays low
[10:39] {Threei} fairly uncertain point
[10:39] {Threei} staying on a sideline for now
[10:41] {Threei} the only play I see at the moment is UAUA long on 15 break... would like one more pullback before triggering
[10:41] {Threei} and staying above .80
[10:41] {Threei} half lot, a bit too volatile
[10:42] {dino} met s .20
[10:42] {Threei} if triggers from here, stop is .85
[10:44] {Threei} Long Setup: QQQQ .61 if stays above .50
[10:44] {ese} what was the reason for the HIG tang yesterday?
[10:45] {ese} thats "tank"
[10:45] {ese} 67mil shs...huge vlume
[10:45] {dino} 2 billion write off
[10:45] {ese} whoa.....
[10:49] {Geo} amp dino
[10:50] {dino} cov met .20 flat, won't move
[10:50] {dptl} l uaua .03
[10:51] {Chaeron} Good morning all
[10:51] {Threei} chaeron :)
[10:51] {dino} \amp lower imo
[10:52] {ese} CCCCCHHHHH baby!!!!!!
[10:52] {ese} haven't done one of those lfor awhile
[10:52] {Chaeron} hi guys
[10:53] {ese} toying with GRMN long here
[10:53] {dptl} half out .17 uaua
[10:53] {lisa_jay} Finally Vad, caught one of your plays.. UAUA for .16. Thank you.
[10:53] {Threei} welcome lisa
[10:55] {Chaeron} cmon Q's...
[10:55] {dino} met l .60
[10:57] {dptl} out some more .27 uaua
[10:58] {Threei} good job dp
[10:58] {dino} gj dp
[10:58] {dptl} ty gonna see what last 100sh will bring
[10:59] {Threei} amarg, you observed the play?
[11:02] {dino} out met .83, +.23
[11:04] {dino} geo you were right amp
[11:04] {dino} ci l .75
[11:05] {Geo} looked like yours
[11:05] {amarg} yes
[11:07] {hawkfan4} HIG .53, stop .35, risky as can be
[11:07] {dino} out ci .99, +.24
[11:07] {Threei} chart wise play is right hawk
[11:08] {magoo} mkts real jerky here
[11:08] {dino} whoever thought the insurers would be the movers
[11:08] {hawkfan4} thx vad. now i just need it to teleport to 12 and i can call it a week
[11:09] {Threei} lol
[11:09] {dino} lol
[11:09] {lisa_jay} Took LVS for .15. Thanks Vad.
[11:10] {dino} ci drop
[11:10] {dino} say hi to my sis then
[11:11] {Threei} did I call LVS?
[11:11] {dino} bad joke, but she's hitting vegas today
[11:11] {Threei} not that I mind taking a credit... but still :)
[11:11] {lisa_jay} Nope..but learnt to read QQQQ and stock together from you....
[11:11] {Threei} ahhh
[11:12] {Threei} learning to fish
[11:15] {dptl} still in uaua last 100 , will i mak a buck? lol
[11:15] {dino} amp l .50
[11:16] {hawkfan4} Q's .65, stop .55
[11:16] {magoo} fish???
06[11:16] * magoo slaps Threei around a bit with a large trout
[11:16] {Threei} lol
[11:17] {Chaeron} Q's - in .61, out .81 +$0.20 Thanks Vad
[11:17] {Threei} beautiful
[11:17] {Chaeron} not this early in the morning, but thanks
[11:17] {Threei} magoo
[11:17] {Chaeron} oh sorry... you were calling Magoo beautiful
[11:17] {Threei} do we tolerate this kind of behavior Chaeron just demionnstrated?
[11:18] {Threei} ok, while magoo is thinking...
06[11:18] * Threei slaps Chaeron around a bit with a large trout
[11:18] {hawkfan4} 1/2 out q's +.22
06[11:18] * Geo slaps Chaeron around a bit with a large trout
[11:18] {Threei} wtg hawk
[11:18] {dptl} ok out uaua +.75
[11:18] {hawkfan4} thx
[11:18] {dino} out amp .62, +.12, thx geo beer $
[11:18] {Threei} that's a heck of patience dp
[11:18] {Geo} you gave one to vad for me yesterday
[11:19] {Geo} :)
[11:19] {Chaeron} I'd go to the corner, but dino hasn't cleaned up todays profits and had the armored car come yet
[11:19] {Threei} fantastic job today guys
[11:19] {dptl} fisherman instinct...Vad lol
[11:19] {Threei} I feel my retirement is nearing
[11:19] {Threei} hehe
[11:19] {hawkfan4} q's over 33 looks rockin
[11:19] {Chaeron} yep... out too soon
[11:22] {dino} retirement? no 3i, not in my lifetime
[11:22] {Threei} one more break is coming QQQQ
[11:22] {Chaeron} do we take it?
[11:22] {Threei} for a scalp this time
[11:23] {Threei} if recent patterns hold, it's a pullback time
[11:23] {Threei} and pullbacks are severe these days
[11:23] {Chaeron} .60s?
[11:23] {Threei} at least
[11:24] {Threei} 40s is not out of question either
[11:24] {Chaeron} stalking .40
[11:24] {Chaeron} heh
[11:24] {Threei} see, the way I view it
[11:24] {Threei} from this point on, this day is not as much about money anymore
[11:24] {Threei} as it is about two things
[11:25] {Threei} first being preservation of profits,
[11:25] {Threei} we had amazingly good morning for a Fri of such volatile week
[11:25] {Threei} would be shame to give it back.
[11:25] {Threei} Second being,
[11:25] {Threei} adding a little here and there,
[11:25] {Threei} hunt and peck,
[11:25] {Threei} being very careful,
[11:26] {Threei} traking the safest bets
[11:26] {Threei} cutting losses as quickly as possible
[11:26] {Threei} and looking to grow profits a bit
[11:26] {Threei} still keeping preservation of money made earlier as first and foremost goal.
[11:27] {Threei} so, don't be too pushy
[11:27] {Threei} wait for those trades that prmise easy profits, even if small
[11:27] {Threei} and guarantee you tight stops
[11:28] {Threei} hawk, you out HIG yet?
[11:28] {hawkfan4} was just typing, out +23, waited too long
[11:28] {Threei} +.23 is +.23
[11:29] {hawkfan4} i'll take it
[11:29] {Threei} especially with your 10K lots
[11:29] {hawkfan4} lol :) not in this market
[11:29] {Threei} :)
[11:29] {Threei} I don't get it
[11:29] {Threei} how is it even a subject of discussion?
[11:30] {Geo} thats what they have beiong doing
[11:30] {Threei} here is your bailout, here are conditions to use it
[11:30] {Threei} break them, go to jail
[11:30] {Geo} justification is or else they will leave
[11:30] {Geo} my Q is
[11:30] {Geo} where???
[11:30] {Threei} for misappropriation of public funds
[11:30] {dino} because the idiots legislators didn't think tyo put that in the plan
[11:31] {dino} they should leave geo, they caused it
[11:31] {ese} outta here for the weekend....have a good one all......
[11:31] {Threei} sso, they leave
[11:31] {Geo} how will they get the cheese then
[11:31] {Threei} how is it bad
[11:31] {hawkfan4} cya es
[11:31] {Threei} they are the ones who run this into the ground
[11:31] {ese} see ya hawk
[11:31] {Threei} take care ese, have a good one
[11:31] {dino} cya es, have fun
[11:32] {Threei} more than that,
[11:32] {Threei} if they don't leave voluntarily, chase them away
[11:32] {dino} not sure the room wants me ranting again vad
[11:32] {Threei} hehe
[11:32] {Geo} i know they should geo
[11:32] {Threei} watch me crying if Mr. Fuld leaves...
[11:32] {Geo} but they dont heheheh
[11:33] {Geo} hmmmm
06[11:33] * Geo talking to himself
[11:33] {Threei} LVS...
[11:34] {Threei} thing is likely to pull back into one of two supports,
[11:34] {Threei} 12.50 and 12,
[11:34] {Threei} and being on a conservative side, I'd prefer 12 to get interested
[11:37] {hawkfan4} stop to .84 on rest of q's
[11:38] {hawkfan4} out +.19
[11:39] {Threei} if Qs stay under .90, breakdown of .80 is possible short
[11:54] {Threei} LVS bounced perfectly off first resistance... did it in such meek fashion, I'
[11:54] {Threei} d never go for that bounce
[11:58] {dino} oh bother
[12:05] {dino} aiv l .02
[12:09] {Threei} yawn
06[12:09] * Threei slaps laserdave1 around a bit with a large trout
06[12:09] * laserdave1 slaps magoo around a bit with a large trout
06[12:09] * laserdave1 slaps magoo around a bit with a large trout
06[12:09] * laserdave1 slaps magoo around a bit with a large trout
06[12:09] * magoo slaps laserdave1 around a bit with a large trout
06[12:09] * laserdave1 slaps Threei around a bit with a large trout
06[12:10] * laserdave1 slaps Chaeron around a bit with a large trout
06[12:10] * laserdave1 slaps Geo around a bit with a large trout
06[12:10] * magoo slaps patience around a bit with a large trout
[12:10] {Threei} I am still the fastest trigger in the West
[12:10] {patience} magoosky
[12:10] {laserdave1} that was good
[12:10] {magoo} the fattest trigger ?
[12:10] {Threei} 2 seconds between his entry and my slap
[12:10] {dino} kbr l .76
[12:11] {Threei} magoo... you better keep that bow handy
06[12:11] * Geo is polite and not touching anything
[12:12] {Threei} sheesh... just looked what ALTH did after that 7 break
[12:14] {magoo} to busy shooting arrows at raven vad
[12:14] {Threei} Short Setup: QQQQ .69
[12:14] {Threei} if stays under .80
[12:16] {Threei} 1:1 in a hurry
[12:17] {Threei} LVS nears second support
[12:17] {Threei} more interested here
[12:18] {lisa_jay} Was looking to short lvs at broke it and tanked 30c...sigh.
[12:18] {Threei} that was valid setup
[12:18] {Threei} especially with NQ breakdown
[12:19] {lisa_jay} Yes...wish i was faster at order entry.
[12:21] {dptl} lcc short .20?
[12:21] {Threei} if stays under .30
[12:22] {dptl} ok ty
[12:23] {Threei} dumped last swing part of ARRS
[12:23] {Threei} trade worked for all three time frames
[12:25] {dino} insueres coming back
[12:26] {Threei} [12:33] {Threei} Long Setup: ARRS .32
[12:26] {Threei} [12:33] {Threei} two days break
[12:26] {Threei} [12:33] {Threei} for scalpers stop .24
[12:26] {Threei} [12:33] {Threei} for daytraders .19
[12:26] {Threei} [12:37] {Threei} and for swing traders, under 6
[12:26] {Threei} [12:37] {Threei} scalpers are scalpers, they know where to exit
[12:26] {Threei} [12:38] {Threei} day traders, look to partial closer to .50
[12:26] {Threei} [12:38] {Threei} swing traders, aim for closer to 7
[12:26] {Threei} how about that
[12:26] {Chaeron} very nice...
[12:27] {Threei} now, this is funny, as soon as I posted it:
[12:27] {Threei} [12:26] *** Notice -- Client exiting: Geo (RealityTra@ [Connection reset by peer (TCP/IP connection broken)]
[12:27] {Threei} -----------
[12:27] {Chaeron} lol
[12:27] {Threei} geo has complicated relationship with ARRS
[12:27] {hawkfan4} lol
[12:28] {dino} 'ci range wow
[12:28] {Chaeron} he can get help for that... maybe with meds :)
[12:28] {Threei} or counselling
[12:28] {Chaeron} LVS
[12:29] {dino} you need counseling? here
06[12:29] * dino slaps Threei around a bit with a large trout
[12:29] {Threei} that's not counseling... that's abuse
[12:29] {Chaeron} Thanks... he needed that
[12:29] {dino} you softies, sheesh
[12:30] {Threei} lol
[12:31] {Chaeron} LVS - in .26 out - .50... too early.. +$0.24
[12:31] {Threei} good one
[12:31] {Chaeron} as it goes to 13..... thanks
[12:31] {Chaeron} I should just accept I'm a scalper
[12:32] {_oneiron} LVS in .31 out .59 +28
[12:32] {Threei} .31 on the way back up?
[12:32] {Threei} not during the drop?
[12:32] {_oneiron} Yes
[12:33] {Threei} good one then
[12:33] {_oneiron} ty
[12:33] {Threei} very rewarding to see how you guys construct plays from my general comments even when I don't call exact entries
06[12:34] * Threei closes his eyes and sees retirement nearing
[12:34] {hawkfan4} open those eyes up, don't get any ideas...
[12:34] {Threei} lol
06[12:34] * Chaeron slaps Threei around a bit with a large trout
[12:35] {Chaeron} wake up
[12:35] {Threei} I don't want to...
[12:35] {Threei} palm trees sway...
[12:35] {Threei} waves gently hit the sand...
[12:35] {Chaeron} saw a house on the big island for you... $7.5MM... you got that yet?
[12:36] {Threei} that's a whole price or downpayment?
[12:36] {Chaeron} full price
[12:36] {Threei} must be some run down fixer upper...
[12:36] {Chaeron} yeah... but you got that yet???
[12:36] {Threei} lemme look
[12:37] {Threei} OK... I have $3.62
[12:37] {Chaeron} then wake up
[12:37] {Threei} if I wait a bit more, can I count on price dropping there?
[12:37] {Chaeron} heheh
[12:38] {Threei} I coluld probably borrow about $1.24 more
[12:38] {Chaeron} you're still dreaming
[12:44] {dino} lmnx
[12:44] {Threei} - program seeks to prevent 650K foreclosures
[12:47] {dino} more like effort to avoid mark to zero
[12:47] {Threei} not sure how they modify it, but if this is simple write down of the mortgage value,
[12:48] {dino} y, but not to zero
[12:48] {Threei} I wonder how the neighbor feels, one who got second job, cut his spending, and did all he could to keep payments
[12:48] {dino} cash flows worth something
[12:48] {dino} mad as hell
[12:49] {Threei} Long Setup: LVS 13.10
[12:49] {Threei} if stays above 13
[12:50] {Threei} 1:1 in a hurry
[12:50] {Threei} half out
[12:51] {Threei} stop to .04
[12:52] {Threei} 1:2
[12:52] {_oneiron} half out LVS
[12:52] {Threei} capanle of more
[12:52] {Threei} capable too
[12:52] {dino} out aiv .12, +.10
[12:52] {Threei} offering 1/4 at .40
[12:53] {Threei} direct hit
[12:53] {Threei} offering last portion .55
[12:53] {Threei} stop to under .20
[12:54] {_oneiron} holding 1/2 LVS
[12:54] {Threei} trying to outgreed me?
[12:54] {_oneiron} yes..but not out think..
[12:54] {Threei} oh, that part is easier
[12:54] {Threei} since I don't think at all
[12:55] {_oneiron} lol
[12:55] {Threei} nothing but headache and losses, I am tyellin' ya
[12:56] {dino} gj one
[12:57] {dino} as they save, in the end there can only be one
[12:57] {Threei} save?
[12:58] {dino} say
[12:58] {dino} opps
[12:58] {Threei} dino, magoo is pouring beer down your throat or what? :})
[12:58] {Threei} keeping you at gunpoint
[12:58] {dino} i wish
[12:58] {Threei} lol
[12:58] {dino} chicken wings making my typing worse
[12:59] {peterg} barbequed?
[12:59] {dino} no mild fried
[12:59] {dino} good tho
[12:59] {peterg} yum; just had clam chowder
[12:59] {dino} mmm
[12:59] {peterg} on the trading cruise, I want 24 hour restaurant
[13:00] {dino} indeed
[13:00] {Threei} is there any other way to cruise?
[13:00] {dino} when is it vad? or bahamas
[13:00] {Threei} out last portion LVS
[13:01] {Threei} counted on this year with bahamas
[13:01] {Threei} but some developments took a bit too long
[13:01] {Threei} doubt it's douable in remaining time
[13:02] {_oneiron} out last portion LVS
[13:02] {Threei} awww... overtightened last portion
[13:02] {peterg} I'll be in cayman islands over xmas & new years, on land
[13:02] {Threei} thing shook out and proceeded as told
[13:02] {Threei} hit my .55
[13:02] {_oneiron} It's alright thanks Vad
[13:02] {_oneiron} .55
[13:03] {Threei} whatever... profit preservation and adding to it in a safest way possible was set as a task for the rest of the day
[13:03] {dino} this year no good for me, but next year
[13:03] {peterg} nice one
[13:03] {Threei} and this trade developed perfectly for the scenario
[13:05] {dino} sweet peter
[13:05] {Threei} cayman eh
[13:06] {Threei} oh boy
[13:06] {Threei} one more gold price predictor
[13:06] {Threei} how many of them got killed already this year
[13:07] {dino} lots
[13:08] {dino} they are on buy the top sell the bottom
[13:09] {Threei} LVS is continuing its quest for the end of the universe
[13:09] {Threei} one thing I could never understand is gold
[13:09] {Threei} it never seems to be doing what normal macroeconomic and monetary analysis show
[13:10] {Threei} so I am staying away not trying to pretend I know what's diving it
[13:10] {dino} out kbr .88, +.12
[13:10] {Threei} but one thing I've noticed over years
[13:10] {Threei} a lot of devoted goldbugs are very angry people
[13:11] {dino} inflation drives it, we are deflating at the moment
[13:12] {Threei} time top start watching Qs for 33 break
[13:12] {Threei} top = to
[13:14] {hawkfan4} $VIX heading for the month-long trendline
[13:16] {Threei} Long Setup: QQQQ 33 break if stays above .90
[13:18] {hawkfan4} for once i think Cramer's gonna be right about the ramp-up
[13:18] {dino} sm l clf .70
[13:18] {hawkfan4} QLD .10, stop under .90
[13:19] {dptl} l qqqq .01
[13:20] {dino} going for 2x huh hawk
[13:20] {hawkfan4} feelin it
[13:21] {hawkfan4} either that or it's the mexican food i had for dinner last night
[13:21] {Threei} lol
[13:21] {dino} lol
[13:23] {Threei} 1:1
[13:23] {_oneiron} out 1:1 1/2 Q's
[13:24] {Threei} 1:2, me out
[13:24] {jmb} thanks vad
[13:24] {Threei} welcome :)
[13:24] {Threei} any single stop today?
[13:24] {lisa_jay} .15 Q's vad, took cvs for .22 thanks.
[13:24] {Threei} where is Geo, he is a scorekeeper
[13:24] {_oneiron} out 1:2 Thank you sir!
[13:24] {Threei} lisa :)
[13:24] {Chaeron} Q's - in .01 out .21 +$0.20 Thanks x3 Vad
[13:24] {Threei} welcome guys
[13:25] {Threei} can I go home?
[13:25] {Chaeron} no
[13:25] {Threei} 'cause it pains me to look at LVS, lol
[13:26] {dino} nice on qld
[13:28] {hawkfan4} thx, still in
[13:29] {dino} fcx hl l .30
[13:32] {dino} out fcx .54, +.24, out clf .10, +.40
[13:33] {dino} gj dino
[13:34] {hawkfan4} vix cracking, nice dino :)
[13:34] {dino} :)
[13:34] {dino} qld was good one hawk
[13:37] {hawkfan4} ty. was hoping for a runner but the market's still in fit-and-starts mode looks like
[13:45] {hawkfan4} Kass selling the rip
[13:45] {dino} shld
[13:45] {Threei} hawk... english? :)
[13:45] {dino} buy the dip sell the rip
[13:45] {hawkfan4} Doug Kass
[13:45] {hawkfan4} Desperadoes, Why Don't You Come to Your Senses?
[13:45] {hawkfan4} 10/31/2008 1:31 PM EDT
[13:45] {hawkfan4} As anticipated, the desperadoes are taking up the markets into month-end. And I am taking advantage of the rip and selling out my few remaining long rentals.
[13:46] {dino} kass, hedge fund/real
[13:46] {lisa_jay} Wasn't that Eagles?
[13:46] {dino} the guy has been pretty good since sept.
[13:46] {dino} missed shld
[13:46] {patience} too weird, just listening to that song on my ipod
[13:47] {lisa_jay} :-)
[13:48] {Threei} you girls
[13:49] {Threei} listening to the same music
[13:49] {lisa_jay} Showing our (my) age.
[13:50] {Threei} **an advanced text is expected but there will be no Q&A.
[13:50] {Threei} music is ageless
[13:50] {Threei} (nugget of wisdmo for the day)
[13:50] {Threei} or wisdom
[13:50] {hawkfan4} out qld +.36, looks down now
[13:50] {lisa_jay} Vad, is that head and shoulders on qqqq?
[13:51] {Threei} yup
[13:55] {magoo} vad..up into bell or sell
[13:55] {Threei} I'll take the Fifth
[13:56] {magoo} arrow to your groin time
[13:56] {lisa_jay} Lol.
[13:56] {Threei} whatever.. I already have two kids
[13:57] {dino} i see vad, like his cousin vlad the impaler, likes pain
[13:58] {magoo} and voirgins i blieve
[13:58] {Threei} cousin? we are siblings
[13:58] {dino} dracula bro's, interesting
[13:59] {Threei} why do you think I am in comay during daylight hours
[14:00] {magoo} and fat
[14:00] {Threei} sigh
[14:01] {Threei} you just make sure that arrow has no wooden head and wasn't anywhere near garlic
[14:01] {Threei} the rest we undead don't care about
[14:02] {magoo} tips made out of silver.....i believe thats a problem
[14:02] {Threei} for werewolves only
[14:02] {Threei} our pets, you know
[14:03] {lisa_jay} Sigh....UAUA cup and handle breakdown. I need to learn to trade the plan and not get scared.
[14:03] {Threei} what are you scared of lisa...
[14:04] {Threei} keep your stop, take valid entries
[14:04] {Threei} let them do their thing
[14:04] {Threei} it's either profit or stop
[14:04] {Threei} go with valid proven setups, odds are on your side
[14:04] {Threei} profits will be more frequent and bigger than losses
[14:04] {Threei} that's it there is to trading
[14:05] {lisa_jay} I am going to print this and stick it on my eyelids.
[14:05] {dino} do it
[14:05] {Threei} over last month, and trading gods know it was the most unusual and scary month in market's historyu, we had 2 (TWO) losing days
[14:05] {dino} if your stops are correct and your system works, you will be fine
[14:06] {Threei} if that is not a proof of a concept, I don't know what is
[14:06] {lisa_jay} My biggest mistake is not letting my valid stops be hit....Lost a lot money abandoning plan mid trade.
[14:07] {dino} stops keep you in the game lisa, don't move them ever.
[14:07] {dino} trading is not about being right, it's about trading right
[14:07] {Threei} lisa, have you gone already through psychology part of MPP?
[14:08] {lisa_jay} Working on it....
[14:08] {lisa_jay} Will get to it this weekend.
[14:08] {Threei} it has practical recipes
[14:08] {Threei} not just usual psychodrivel
[14:08] {Threei} but practical tricks to make your mind work as trading environment requires
[14:09] {Threei} you'll be a new gal on Monday
[14:10] {lisa_jay} Sounds interesting. Went through all the Videos. Learning a lot from your calls.
[14:12] {Threei} that was such a fun making them
[14:13] {Threei} very challenging but fun
[14:14] {Threei} the very idea of being first one ever doing that was quite inspiring
[14:14] {Threei} to the best of my knowledge, it's still the only course done in this fashion
[14:15] {lisa_jay} It is bringing a lot of structure to my wild trading....So thank you for making them.
[14:15] {Threei} :)
[14:15] {brian3579} vad what course are you guys talking about
[14:16] {Threei} video course
[14:16] {Threei} so many educational outfits and people claiming guru status... and no one ever thought of simply recording his trading and explaining real time what he does
[14:16] {Threei} what does it tell you?
[14:16] {brian3579} i find them very helpfull
[14:16] {Threei} next best thing to sitting next to me
[14:17] {magoo} vad, do u still offer the trading video course rated MA?
[14:17] {Threei} what's ma?
[14:17] {lisa_jay} UAUA breaking down nicely....would have given 2:1 with .5 break down. See before i would not know diddly about this setup or how to use it.
[14:17] {magoo} mature audiences, nudity, violence
[14:18] {Threei} I don't offer any other mags
[14:18] {magoo} lol
[14:18] {Threei} and please, don't forget coarse language
[14:18] {brian3579} lol
[14:18] {Threei} wouldn't even think of making one without it
[14:18] {dptl} lol you guys
[14:19] {Threei} funny how life intrudes in recording those videos
[14:19] {Threei} phone rings
[14:19] {Threei} I am pouring coffee or clicking Zippo, then realizing that all these sounds go into recording
[14:20] {lisa_jay} Zippo...will pay attention to that next time...and coffee, I thought that was Vodka.
[14:20] {Threei} lol
[14:21] {Threei} have a look at UAUA daily
[14:21] {Threei} C&H
[14:21] {Threei} 16 rim
[14:22] {Threei} hopefully doesn't break today
[14:22] {Threei} beyond the risk I would be willing to tolerate today
[14:22] {Threei} Monday, different story
[14:22] {Threei} new week, new month
[14:27] {Threei} LVS 15 break... only if you have money to spare
[14:27] {Threei} stop under .85
[14:28] {Threei} risky as trying to take bow from magoo, vodka from dp or wake me up in the middle of trading day
[14:28] {dptl} lol
[14:29] {dptl} thats too risky
[14:30] {dino} no respect
[14:30] {lisa_jay} Wow, that was risky.
[14:31] {lisa_jay} broke above and tanked
[14:31] {Threei} yup
[14:31] {Threei} not something I want to do today
[14:31] {Threei} that's why so many warnings
[14:32] {lisa_jay} Did not take trade.
[14:32] {dino} aiv s .04
[14:34] {dino} aiv stopped -.22
[14:40] {dino} double top?
[14:41] {Threei} on what?
[14:42] {dino} dji
[14:42] {dino} chaos
[14:42] {Threei} can't tell really
[14:42] {dino} yes, it is imo
[14:43] {dino} alto i may be wrong
[14:45] {dino} alto=although
[14:45] {lisa_jay} lvs this break worked.
[14:46] {_oneiron} out 1/2 AMAT 1:1 JBE trailing stop for remainder
[14:46] {Threei} 13 break?
[14:46] {_oneiron} Yes sir!
[14:46] {Threei} nice looking setup
[14:46] {Threei} getting it down oneiron :)
[14:46] {dino} gj one
[14:46] {_oneiron} Right out of your book.
[14:46] {Threei} LVS is chaos lisa...
[14:47] {Threei} I have a book?
[14:47] {_oneiron} thanks dino!
[14:47] {Threei} people keep telling me that
[14:47] {Threei} I gotta find it and try to read
[14:47] {_oneiron} TOTR
[14:47] {Threei} but I have troubles putting letters together to words
[14:47] {_oneiron} lol
[14:47] {Threei} not even speaking of qwords to sentences
[14:49] {lisa_jay} TOTR OneIron?
[14:49] {Threei} lisa tried to enter it as a stock symbol?
[14:49] {_oneiron} Techniques of Tape Reading lisa.
[14:49] {_oneiron} lol
[14:50] {lisa_jay} Thanks Oneiron.
[14:50] {Threei} I keep trying to find out quotes for ROFL
[14:50] {dino} they're funny
[14:50] {_oneiron} Your welcome lisa.
[14:52] {dino} v sm dxd l .55 risky
[14:52] {lisa_jay} Q's coiling...which way will they break?
[14:52] {Threei} yes lisa
[14:53] {Threei} sorry... smart a$$ answer :)
[14:56] {Threei} LVS did its best to kill both sides
[15:01] {Threei} wishbone, you here?
[15:01] {Threei} dcc me please
[15:02] {dino} dxd stopped -.35
[15:02] {dino} taking break, starting to give back
[15:05] {Threei} first time in many days I started getting 52 week high alerts
[15:06] {dino} .
[15:06] {Threei} CBST, AFAM
[15:06] {lisa_jay} Bull is back!!!
[15:06] {Threei} ALGT
[15:13] {dino} kbr s .18
[15:18] {peterg} all mimsey were the borogroves
[15:18] {peterg} if i remember correctly
[15:18] {Threei} umm... what?? :)
[15:18] {peterg} random friday poetry fragment
[15:19] {peterg} jabberwockey
[15:19] {peterg} you know how i like to be obscure
[15:19] {Threei} here is a sample of my poetry:
[15:19] {Threei} Tree good.
[15:19] {Threei} Fire bad.
[15:19] {Threei} Morning.
[15:19] {Threei} The end.
[15:19] {peterg} me like
[15:19] {Threei} me glad
[15:20] {peterg} all good then
[15:20] {Threei} always
[15:20] {peterg} unless otherwise
[15:20] {peterg} specified
[15:20] {Threei} can you believe all the value in this room
[15:20] {Threei} trading calls,
[15:20] {Threei} bad jokes,
[15:20] {Threei} AND bad poetry??
[15:20] {peterg} doesnt get any better
[15:22] {Threei} add bad spelling and grammar to that,
[15:22] {Threei} it's just heaven
[15:22] {lisa_jay} QQQQ's broke up and then broke down....
[15:22] {hawkfan4} now if you only served refreshments...
[15:22] {peterg} would you like a quote from sigmujnd freud c.1896?
[15:22] {Threei} lol
[15:22] {magoo} and FISH
[15:22] {Threei} this is exactly kind of action I hate lisa
[15:22] {Threei} no follow through
[15:22] {Threei} oh, and fish... magoos right
[15:23] {peterg} Much will be gained if we succeed in transforming your hysterical misery into common unhappiness.
[15:23] {dino} well had the idea w/dxd and aiv, just a bit soon
[15:23] {peterg} I can also provide the original german if desired.
[15:23] {Threei} did he address the market in saying that peter?
[15:24] {peterg} great idea!
[15:24] {peterg} sounds right to me
[15:24] {Threei} 'cause sounds like a group of investors praying for capitulatory selloffs to end,
[15:24] {Threei} and market to switch to slow grind
[15:24] {peterg} is that what is coming?
[15:24] {lisa_jay} Yeah Dino, they faked us out before the breakdown.
[15:24] {Threei} well, huge selloff daysd are over for now
[15:24] {dino} cov kbr .98, +.20
[15:26] {dino} inded
[15:26] {peterg} ok have fun all--back to wrk 4 me
[15:27] {dino} cya peter
[15:27] {dino} kbr s .90
[15:28] {lisa_jay} Bye Peter
[15:28] {dino} getting whippier
[15:28] {Threei} take care peter, have a great weekend
[15:28] {magoo} bye padre
[15:30] {dptl} happy helloween all and good weekend :)
[15:31] {hawkfan4} u2 dp
[15:31] {Threei} take care dp :)
[15:32] {dino} cya dp\
[15:36] {_oneiron} bounce scalp AMAT 1:1 out in full
[15:37] {dino} gj
[15:38] {_oneiron} small kettle of fish for you high rollers dino..thanks.
[15:42] {dino} you did very well today, good job
06[15:42] * magoo slaps dino around a bit with a large trout
[15:42] {dino} dji just lost 100 pts in like a minute
[15:42] {lisa_jay} Who is the older brother - Magoo or Dino?
[15:42] {dino} magoo
[15:43] {lisa_jay} For real?
[15:43] {Threei} nice selloff
[15:43] {magoo} cramer was calling 100 points long here
[15:44] {dino} yes
[15:44] {dino} 3 years
[15:45] {dino} cov kbr .81 +.09 too jumpy
[15:46] {Threei} glad to see LVS, UAUA retreating
[15:46] {dino} but lisa, i am the much better looking one
[15:46] {Threei} more opportunities next week
[15:47] {lisa_jay} :-)
[15:48] {dino} lstr
[15:49] {Threei} what was this oil spike about
[15:50] {dino} filled up my car
[15:50] {Threei} oh
[15:50] {Threei} can you alert us in dvance so we go long USO
[15:50] {Threei} and on what
[15:56] {dino} calling it a day and week, thx all turned into a good one
[15:57] {lisa_jay} Thanks for help this week Dino. Have a good weekend.
[15:57] {Threei} ok guys, thank you all
[15:57] {hawkfan4} cya all
[15:57] {Threei} great week, ended by a great day
[15:57] {lisa_jay} Thanks Vad.
[15:57] {Threei} have a good relaxing weekend
[15:57] {Threei} see you all on Monday
[15:57] {magoo} bye all
[15:57] {dino} np
[15:59] {_oneiron} thanks everyone and have a good week end dino!