Wednesday, December 31, 2008

Dec 31 2008

What was expected to be another boring day suddenly turned out a very nice profitable one. DRYS, EGLE and a few more helped to finish the year with a bang. Happy New Year to our readers!

Session Time: Wed Dec 31 00:00:01 2008

[08:21] {lisa_jay} morning
 [08:21] {Threei}  Good morning
[08:21] {lisa_jay} do you ever sleep Vad?
[08:21] {lisa_jay} It must be still dark outside.
 [08:22] {Threei}  it is
 [08:30] {Threei}  INITIAL JOBLESS CLAIMS: 492K V 575KE;
 [08:30] {Threei}  CONTINUING CLAIMS: 4.506M V 4.400ME
 [08:31] {Threei}  - No revisions to Prior jobless claims at 586K
 [08:31] {Threei}  - Prior continuing claims revised from 4.370M to 4.366M
[08:32] {i2romantis} morning to all :)
 [08:32] {Threei}  morning i2r, welcome to the room
[08:32] {i2romantis} thx
 [08:32] {Threei}  you don't mind abbreviation I hope
[08:33] {i2romantis} np, i2 is enough
 [08:33] {Threei}  we are lazy bunch, we shorten 4-letters nicks to 2, let alone such as yours :)
[08:33] {lisa_jay} Hello i2
[08:33] {i2romantis} np
[08:33] {i2romantis} hi
[08:50] {Onix} Good morning all
[08:50] {i2romantis} morning onix
 [08:51] {Threei}  onix :)
 [08:52] {Threei}  * TED SPREAD OPENS AT 133 BPS V 142 BPS PRIOR
 [08:52] {Threei}  wow
 [08:52] {Threei}  risk is all but removed from lending eh?
 [08:53] {Threei}  12/31/08 07:00am
 [08:53] {Threei}  [DDSS] Labopharm Announces FDA Approval of Once-Daily RYZOLT for Management of Moderate to Moderately Severe Chronic Pain
 [08:56] {Threei}  I am going for a smoke, don't let the market drop... I still have some CSIQ leftover from yesterday
[09:00] {KSystems} Good morning :)
[09:00] {Onix} hi KS
[09:01] {KSystems} hey Onix
 [09:02] {Threei}  ks :)
 [09:02] {Threei}  offering 6.80
 [09:02] {Threei}  is there kind soul to take it off my hands?
 [09:02] {Threei}  or kindness in a short supply this year?
 [09:05] {Threei}  335 shares taken, thank you unknown buyer
 [09:05] {Threei}  665 left
 [09:06] {Threei}  who is this indescrete idiot that joined me with fully shown offer...
 [09:06] {Threei}  learn the game sucker
[09:06] {lisa_jay} lol
 [09:06] {Threei}  100 more
 [09:07] {Threei}  {sucker} learn spelling!
 [09:07] {Threei}  great, now he is undercutting me
[09:17] {dino} gm
 [09:17] {Threei}  dino :)
[09:18] {magoo} morning
 [09:18] {Threei}  mags :)
[09:18] {patience} morning
 [09:18] {Threei}  patience :)
 [09:18] {Threei}  I feel like a doorman
[09:18] {dptl} good morning all
 [09:18] {Threei}  there
 [09:18] {Threei}  dp :)
[09:19] {dino} welcome to out jungle i2
[09:20] {i2romantis} thx :)
[09:20] {magoo} who u calling a sukker??
[09:20] {magoo} thats my offer lol
 [09:20] {Threei}  no way
 [09:20] {Threei}  you know better than to show full 2K instead of reserver in thin pre-market trading
[09:22] {dino} out=our
[09:22] {dino} psd, 
 [09:23] {Threei}  anyway, 6.80 is latest resistance from 12/18... with just 565 shares left and part of profit secured I'll cancel my sell and see if it can break it and pop
 [09:23] {Threei}  see mee disappearing from 6.80?
[09:24] {magoo} need cafe'
 [09:26] {Threei}  and spelling lesson
 [09:29] {Threei}  btw dino... your mention poushed me to re-visit Storm of the Century
 [09:29] {Threei}  pushed too
 [09:30] {Threei}  market weakens into open
[09:30] {magoo} give me what i want vad...and i will go away
[09:31] {dino} good flick, i should watch it again
 [09:32] {Threei}  DRYS
 [09:32] {Threei}  watching for pullback
 [09:32] {Threei}  9.70 - 9.80 area for entry
 [09:34] {Threei}  doesn't want to pull back, and I don't want to chase
 [09:35] {Threei}  good boy CSIQ
 [09:35] {Threei}  let's go for 7
 [09:38] {Threei}  out 200 more 6.90
 [09:41] {Threei} Long Setup:  DRYS  .50 break if stays above .40
[09:42] {dptl} in .50
[09:43] {magoo} in dammit lol
 [09:43] {Threei}  uh oh
 [09:43] {Threei}  magoo is kiss of death for DRYS
[09:43] {ese} morning L DRYS .54 3/4
 [09:43] {Threei}  ese :)
 [09:43] {Threei}  ok, over 1:1, half out
 [09:44] {Threei}  too bad it never gave us nice pullback for more juice in play but these holiday sessions I'll take whatever I can
 [09:45] {Threei}  stop is under b/e for the balance, scalpers get out and be happy
[09:45] {dino} asei, thin
[09:47] {magoo} Q read vad?
 [09:47] {Threei}  COIN
[09:47] {magoo} out DRYS here .67
[09:47] {magoo} TY {i guess lol}
06[09:48] * Threei slaps magoo around a bit with a large sigh of relief expressing happiness about magoo finally making money on DRYS
[09:48] {ese} out DRYS .74 +.20
[09:48] {ese} tks Vad
 [09:49] {Threei}  welcome
 [09:49] {Threei}  hig
[09:49] {lisa_jay} Nice ese
 [09:50] {Threei}  watching HIG with short idea
 [09:50] {Threei}  either .20 break wityh stop above .30
 [09:51] {Threei}  or if bounces, anywhere where it looks like topping out with top above .40
 [09:51] {Threei}  with stop that was
 [09:55] {Threei}  if DRYS makes another jump:
 [09:55] {Threei} Long Setup:  EGLE  .15 break half lot with stop under 6
[09:55] {dino} beating up esrx again
[09:58] {dino} gj es
 [09:59] {Threei}  DRYS starts looking like one of those non-stop runners if takes 11.20
[09:59] {dino} cwst
[10:01] {magoo} if IF we could get in DRYS and make a point TODAY...i would concede vad
 [10:01] {Threei}  EGLE over 1:1
[10:01] {Onix} ty Vad, i took 9c in egle
[10:01] {magoo} out .35 TY
[10:01] {dptl} out egle +.15 ty
 [10:01] {Threei}  welcome
[10:01] {dptl} stopped hig
 [10:02] {Threei}  DRYS is tough to find entry, hard breather... but works as leading indicator for EGLE
 [10:02] {Threei}  didn't HIG hit 1:1?
[10:03] {dptl} it did brifly  no fill
 [10:03] {Threei}  ok... didn't watch it at the moment
 [10:04] {Threei}  dry shippers took all the focus
[10:06] {magoo} EGLE have the power like drys vad to go a point?..not familiar with way it trades
 [10:06] {Threei}  it can be very treacherous
[10:06] {dino} sm l esrx .36, stop .99
 [10:07] {Threei}  moves nicely when it moves but can drop like stone
 [10:07] {Threei}  don't play it on its own merits
 [10:07] {Threei}  DRYS leads it
[10:07] {magoo} gotcha
[10:07] {magoo} as in ok 
 [10:08] {Threei}  DRYS itself maybe worth a try on 11 re-break if holding above .85
 [10:08] {Threei}  or .90 for hardcore scalpers
[10:10] {magoo} aapl neg here./..
 [10:12] {Threei}  11.05 will decide DRYS's fate
 [10:12] {Threei}  and if takes it, EGLE is likely to take .45
 [10:14] {Threei}  EGLE's game has changed
 [10:14] {Threei}  not a break anymore, rather bounce IF DRYS resumes
[10:15] {dino} esrx stopped
[10:16] {dptl} are you taking 11 break?
 [10:16] {Threei}  already took last time
[10:17] {magoo} vad..u in drys
 [10:17] {Threei}  ummm... how else do you read the line above?
[10:17] {magoo} man..u gotta end the year with attitude huh??
[10:17] {magoo} :)
 [10:18] {Threei}  as if I ever lost it
 [10:18] {Threei}  (or you for that matter, lol)
[10:18] {magoo} if i went to bermuda...i throw things at u in class he he
 [10:18] {Threei}  come on DRYS, take that .05 finally
 [10:18] {Threei}  bermuda?
[10:18] {dptl} in 11 .90 stop
[10:18] {ese} L  AAUK .67 1/2 lot risky
 [10:19] {Threei}  that's bahams
 [10:19] {Threei}  but, just for me to be safe, let's do it this way
[10:19] {dino} pnra 5 day
[10:19] {magoo} wheres bahhAMS?
 [10:19] {Threei}  I give seminar in Bahamas while you are going to Bermuda {G}
[10:19] {ese} lookin for 12 AAUK
06[10:20] * Threei kicks DRYS and EGLE in the rear
[10:20] {magoo} in drys too
[10:21] {dptl} out .12 ty
 [10:21] {Threei}  welcome
 [10:21] {Threei}  halved it out
 [10:21] {Threei}  something about it today that makes me want to hold some
 [10:22] {Threei}  anyone caught EGLE?
[10:22] {KSystems} yes
[10:22] {KSystems} paperly, that is
 [10:22] {Threei}  where?
[10:22] {KSystems} 6.16
 [10:23] {Threei}  no, I mean on this pullback
[10:23] {KSystems} 1 exited 1/2 at .38
[10:23] {KSystems} is that what you mean?
 [10:23] {Threei}  no, I mean according to this comment:
 [10:23] {Threei}  [10:14] {Threei} EGLE's game has changed
 [10:23] {Threei}  [10:14] {Threei} not a break anymore, rather bounce IF DRYS resumes
[10:24] {KSystems} that was a call?
 [10:24] {Threei}  it pulled back under .30
[10:24] {KSystems} no, didnt trade that :)
 [10:24] {Threei}  not a call per se
[10:24] {KSystems} sry
 [10:24] {Threei}  too discretionary
 [10:24] {Threei}  rather attempts to describe possible strategy in advance so those who get a read can catch it if it sets up
[10:24] {magoo} its more like a hint K..a wink wink
  [10:28] {Threei}  grrr
 [10:28] {Threei}  server hiccup
 [10:28] {Threei}  out 1/4 more 11.22
 [10:29] {Threei}  stop under 11 for the last part
[10:29] {patience} goldcorp has been bucking the gold trend today, steady, slow up
 [10:29] {Threei}  mags
 [10:29] {Threei}  you partial any?
 [10:30] {Threei}  ugh, he is not here
[10:32] {magoo} just got back in room here
[10:32] {magoo} out drys
[10:32] {magoo} scalp
 [10:33] {Threei}  okay
[10:33] {magoo} may reload
[10:34] {i2romantis} so, as a newbie here, let me ask, to even scalp on drys @11 you'd have to invest quite a bit to even see a reasonable return?
 [10:34] {Threei}  what's reasonable return?
[10:34] {i2romantis} I play with those below 3 to be able to do these kinds of trades
[10:34] {i2romantis} well say at least a small $300
[10:34] {dino} asei vsm, s .16, wide risky
 [10:35] {Threei}  this kind of trades is usually for 1000 shares when yoou know what you are doing
[10:35] {i2romantis} and this is a straight buy and sell, right? no options or anything else involved?
 [10:35] {Threei}  if you want $300 from each trade, that's a bit hightened expectations when it comes to scalping
 [10:36] {Threei}  no
 [10:36] {Threei}  andf don't view it as ROI
 [10:36] {Threei}  this is completely different game
[10:36] {dptl} ROI??
 [10:37] {Threei}  return on investment
[10:37] {dptl} oh...ok
[10:37] {i2romantis} honestly speaking, one of my accounts has only $7500 USD, that doesn't allow me to even go for this price range, as I am risking a lot just to go for a .2 move
 [10:37] {Threei}  with "investment" time measured in minutes, rarely hours, math is different,
 [10:38] {Threei}  you do not risk your entire investment, only a part of it defined by stop size
[10:38] {i2romantis} true, if many trades are done , I agree
[10:38] {ese} am back...was disconnecteda again.....  out AAUK even   it ain't goin nowheres
[10:38] {i2romantis} that's true
 [10:38] {Threei}  and $7,500 with right broker is $75K buying power
 [10:38] {Threei}  allows you for this kind of trades easily
[10:39] {magoo} i2..if you scalp a dime on 1k...100 this 5 times+ 125,000 annual
[10:39] {i2romantis} I stopped trading on margin in 2003, getting back in now
[10:39] {i2romantis} ok so then it's ok to go just for 100
[10:39] {i2romantis} I thought I was doing small game when doing that
 [10:40] {Threei}  nothing's wrong with intraday trading on margin with strict stop discipline... now, investing on margin is a very different story
[10:40] {i2romantis} at times you get almost nothing, but not always knowledgeable of repeatable trades
[10:40] {i2romantis} ok
[10:40] {i2romantis} good point
 [10:40] {Threei}  you'll get much better idea of how this game is structured when go over scalping course
[10:41] {i2romantis} yes looking forward to that :)
[10:41] {magoo} heck..vads biggest win ever only 125 bux {as magoo runs for cover under nearest rock}
 [10:41] {Threei}  sigh
 [10:41] {Threei}  abuse I take
[10:41] {i2romantis} :)
[10:41] {dino} unfortunate but true (dino hides under desk)
[10:41] {KSystems} Lisa!
[10:42] {i2romantis} I have a real issue with stops, hence some odd losses I take at times
[10:42] {i2romantis} so that's a lesson for me and why I'm trying to get more disciplined
[10:42] {dino} make stops you religion
 [10:42] {Threei}  make sure you go over blog articles devoted to stops
[10:42] {i2romantis} I know, I read everywhere about it and Vad's articles
[10:42] {magoo} and beer your beverage of choice
[10:42] {ese} STOPS   are GOD
 [10:42] {Threei}  partciluarly those that describe psychological side of it
[10:42] {dino} ask magoo, what doesit all come down to?
[10:42] {i2romantis} ok
[10:43] {magoo} GOD=get out dummy
 [10:43] {Threei}  lol
[10:43] {i2romantis} lol
[10:43] {i2romantis} so it's ok to ask stupid questions? :)
 [10:44] {Threei}  why not... magoo does it all the time
[10:44] {i2romantis} for example, the stop hits you like within minutes sometimes and then there's a reversal happening
[10:44] {i2romantis} how do you manage that? 
 [10:44] {Threei}  in fact that's all he does
[10:44] {dino} indeed, we a stupid people
[10:44] {i2romantis} just get out and keep looking for new entries?
 [10:44] {Threei}  get out when your stop is hit, period
[10:44] {dino} get out, re-evaluate
 [10:44] {Threei}  there are some discretions to that but at this point don't even go there
[10:45] {i2romantis} so that's a diff way of thinking I need to adjust to
[10:45] {i2romantis} k
[10:46] {dino} speach time: look at it this way; good trading is not about being right, it's about trading right.. expect to lose regularly
 [10:47] {Threei}  and learn not to give a flying sneeze about that
[10:47] {i2romantis} I agree, just need to get my psychology on track 
[10:50] {dino} bingo
[10:51] {dino} i will only hit about .666 of my trades on averave, so what, i expect to miss
[10:51] {magoo} i was just typing and ding dong {thats dino to newbies} average only 67 %
 [10:52] {Threei}  the rest of the beer they simply spill out on the carpet
[10:52] {dino} w/totally different styles. find your own edge
[10:52] {magoo} vads slightly higher he he
 [10:52] {Threei}  mine is 120%
 [10:53] {Threei}  I don't know how it could be but that's what I firmly believe in
[10:53] {i2romantis} k
 [10:53] {Threei}  I convinced myself about that by everyday's session of self-hypnosis
[10:53] {dino} vad=delusional   :)
 [10:53] {Threei}  and proud of it
[10:53] {i2romantis} lol
[10:53] {dino} ok, back to work
[10:54] {magoo} and drunk half the sessions
 [10:54] {Threei}  half??
 [10:54] {Threei}  and btw... look who is talking
 [10:54] {Threei}  born in sin - come on in
[10:55] {dino} nwpx at it again
[10:55] {dino} lol
 [10:55] {Threei}  - the peak on the VIX was 89.53 on Oct 24
[10:56] {dino} hell is repetition
 [10:56] {Threei}  yeah :)
[10:58] {ese} thinking EGLE at .45 break
[11:00] {dino} give me what i want and i'll go away (dino says to market)
[11:02] {ese} Vad....HOLX   looks like a diagram right out of your book...... 
 [11:04] {Threei}  probably worth a try if market helps ese
 [11:04] {Threei}  nice looking JBE
[11:07] {ese} indeed 
[11:14] {dptl} got holx at .96
[11:17] {ese} i'm in at .94 dp    got side tracked was looking at other things didn't realise i'd been filled
[11:17] {Onix} good for you, i got it .98
[11:17] {dptl} stop under .85
[11:18] {dino} last try esrx sm l .60
[11:19] {ese} yep     got mine at .85
[11:22] {i2romantis} cheers everyone and happy new year! I'm leaving for the day and will see you in the new year.
[11:22] {lisa_jay} By the way ESE HAPPY BIRTHDAY.
[11:22] {patience} happy new year i2
 [11:23] {Threei}  take care i2r, happy new year
[11:23] {KSystems} bye i2r! take care
[11:23] {dptl} oh ye Happy B-day Ese :)
[11:23] {KSystems} ese?
[11:23] {KSystems} Happy birthday :)
[11:24] {dino} asei stuck, bstop to b/e
[11:24] {dino} happy b-day es
[11:25] {ese} Long HBAN also .51 3/4........tks ksys
[11:26] {ese} got a target for HOLX........
[11:27] {dptl} offering .08
[11:27] {dino} tighten asei to .06, we'll cover commission
[11:28] {ese} have 1/2 lot was gonna hold out for .14
[11:30] {dptl} egle?
 [11:30] {Threei}  disconnected from DRYS
[11:30] {dptl} yes
 [11:30] {Threei}  hard to tell
[11:30] {dptl} .50 may be
 [11:31] {Threei}  if it starts going on its own, just read the chart... and remember how jumpy it can be
 [11:33] {Threei}  over 1:1
[11:33] {dptl} didn,t take it
[11:34] {ese} ots of resistance at 13 dp....but when it gets throught that .........hmmmmmmm
[11:34] {dptl} we should ask Vad to kick it
[11:34] {ese} definately
[11:35] {ese} VAD????
 [11:35] {Threei}  you guys are playing it differently than I would
[11:35] {ese} how would you play it
[11:35] {magoo} just noticed PLD
[11:35] {dptl} ye?
 [11:35] {Threei}  it's very thick, moves slowly,
[11:35] {dino} asei stuck still toghten to .92
 [11:35] {Threei}  I'd do scalp type I on it
[11:35] {dino} just droped
[11:35] {dptl} oh i see....
[11:35] {ese} what is scalp type 1
 [11:36] {Threei}  .95 entry, big shares, .89 stop, take scalp around 1:1
 [11:36] {Threei}  big shares, small move on a thick stock
[11:36] {ese} how big shs?
 [11:36] {Threei}  on this one for me would be 3-5K
[11:36] {ese} wow......ok....that would take nerve for me
 [11:37] {Threei}  with 6 cents stop
 [11:37] {Threei}  within normal risk tolerancwe
[11:37] {ese} I'll get there though
[11:37] {dino} esrx stop to .99 stingy mode
[11:37] {lisa_jay} Ese how long did it take you get to this stage...something for me to look forward to.
[11:38] {dino} make iot .09
[11:38] {dino} out +.49 esrx
[11:38] {ese} Hi be honest......i'm not sure......working vads system has given me more confidence for sure.....thats because i use proper stops....
[11:39] {ese} know my losses are going to be small.....
[11:39] {magoo} what stock u guys talking about?soorry was on phone
[11:39] {ese} dp and I are in HOLX
[11:39] {lisa_jay} ok, thanks Ese.
 [11:40] {Threei}  ese's way was somewhat different lisa
 [11:41] {Threei}  he moved from invetsment mindset and reading 134 books to our "not thinking allowed" mindset
[11:41] {dptl} ese,you using 1 min chart?
 [11:41] {Threei}  not = no
[11:41] {ese} yes 1 min
[11:42] {dino} lol, reminds me of my change to less=more
[11:42] {lisa_jay} It is funny, the no thinking allowed, take setup, etc comes so naturally to you....where as the same setup that i take i lose money.
[11:42] {lisa_jay} I am sure there is that little thing i am missing.
[11:42] {ese} closer to 180 books.....gave 125 of them to Russels books downtown...still have 50 or so for reference
[11:43] {dptl} i noticed i see set ups more clearly on 3 min charts for some reason
[11:46] {ese} Holx you turd......the other way man!!!!!the other way!!!!!
[11:46] {ese} how much longer is the market open?
[11:47] {dptl} full day today
[11:47] {ese} full?   i thought it wasa short day
[11:47] {dino} acap, itri on watch
[11:47] {dptl} no full
[11:48] {patience} vad, it is snowing, make it go away
[11:49] {dino} 5" fell here so far patiencer, larisa getting her white new years' wish
[11:50] {patience} it's just that the snow completely washed away dino...checked in my garden, everything budding up and bulbs are coming along nicely
 [11:51] {Threei}  no snow here
[11:51] {ese} it's rain over here by the water patience.....
[11:51] {dino} hmmmmm, not sure what to say to that
[11:51] {dino} we've already had about 2 feet this winter, usually we only get 5-5 feet
[11:52] {dino} 4-5
[11:52] {magoo} rem of a stock trader only book i read before vads
[11:52] {magoo} so easy for me to go to mindless trade
[11:52] {ese} count yourself luckY mags
 [11:53] {Threei} Long Setup:  PLD  .90 break
 [11:53] {Threei}  if stays above .80
[11:53] {dino} 1st half of way of the turtle made sense to me
[11:53] {magoo} PLD the 1 that got away today
 [11:54] {Threei}  yeah, I kind of forgot about it
[11:54] {magoo} me too
[11:54] {dino} asei to .80
[11:59] {dino} cov asei .78, +.38
[11:59] {magoo} Q read vad??
 [11:59] {Threei}  rather up than down but...
[12:00] {magoo} in PLD
 [12:00] {Threei}  half out .99
[12:00] {magoo} is 30 BIG resistance
 [12:01] {Threei}  30?
 [12:01] {Threei}  considering that it's at 14, I'd say huge
[12:01] {magoo} OY the Q
 [12:01] {Threei}  rofl
[12:01] {ese} at 13 again dp....
[12:01] {dptl} yep
 [12:02] {Threei}  can't really evaluate it mags
[12:06] {magoo} DRYS coiling
[12:07] {dino} air pocket phys
[12:07] {dino} psys
[12:08] {magoo} my revelation in the bear of 08...
[12:09] {magoo} easier to book 10 ..$100 dollar trades than 1 $1000 trade
[12:09] {dptl} out holx +.12 ty Ese
[12:09] {magoo} seriously
[12:10] {magoo} with that said..out 14.08 
[12:10] {magoo} TY boss..$100 bux
[12:10] {dino} acap sm s .75
[12:10] {dino} risky thin
 [12:10] {Threei}  out PLD in full
[12:10] {magoo} yes
[12:10] {ese} out HOLX  .09 +.15   i'll take it
 [12:11] {Threei}  HOLX worked beautifully, good spot ese
[12:11] {ese} tks
 [12:11] {Threei}  last day of this year turns out to be fairly decent
[12:11] {ese} onto HBAN......
[12:13] {Chaeron} Good afternoon all
[12:13] {dino} itri hmmm
 [12:13] {Threei}  chaeron :)
[12:13] {ese} CCCCCHHHHHHH BABY!!!!!
[12:14] {Chaeron} heheh... hey guys... stalking anything?
[12:14] {dptl} fridge.
[12:14] {dino} acap, itri
[12:14] {Chaeron} dino likes those easy ones.... fridges don't run that fast
[12:15] {dino} lol
[12:15] {dino} i need to avoid the fridge in the new year
[12:15] {dptl} lol
[12:17] {magoo} CHA CHA CHA CHIA CHAER:)
[12:17] {Chaeron} roflol... magoo hitting the champagne early
 [12:17] {Threei}  my avoidance of fridge somehow leads me right to it with amazing inevitability
 [12:18] {Threei}  and if it happens in the dark, my experience is - it's not a soft object
 [12:18] {Threei}  I have bruises to prove that
 [12:19] {Threei}  now I know where the term "fridge magnet" comes from
[12:19] {KSystems} sigh
[12:20] {dino} "go meat"
 [12:21] {Threei}  go? I never left
[12:21] {dino} hillshire farms commercial
 [12:21] {Threei}  me and meat are siblings
[12:23] {Onix} ty Vad, i got 15c in PLD
 [12:23] {Threei}  :)
[12:24] {dino} lphi
[12:25] {dino} odsy
[12:32] {dino} ac/dc just came over the internet radio
[12:36] {dino} .
 [12:43] {Threei}  guys
[12:43] {Chaeron} girls
[12:44] {lisa_jay} yes
06[12:44] * Threei slaps Chaeron around a bit with a large reminder that mama said not to interrupt speakers
06[12:44] * Chaeron slaps Threei around a bit with a large trout
[12:44] {Chaeron} just because I can
 [12:44] {Threei}  out of those who is in the room now (many vacation, slackers),
 [12:45] {Threei}  anyone's contemplating attedning Bahamas?
 [12:45] {Threei}  there are some changes according to survey results
 [12:45] {Threei}  official version will be posted soon
[12:45] {Onix} sorry, won't be able to make it
 [12:45] {Threei}  I can share details, as much as they are known at this p;oint, now if anyone's interested
 [12:46] {Threei}  onix, is particular dates are consideration, that's changing somewhat too
 [12:47] {Threei}  is = if
[12:47] {dino} not looking good for me 3i
 [12:47] {Threei}  so does venue to accomodate many who said Atlantis cost is too high
[12:49] {dino} timing not working for me 3i
[12:50] {Onix} busy time for me
 [12:50] {Threei}  if it moves to March 28-30, is it changing things?
[12:50] {dino} not for me
[12:51] {dino} but do not change things for me
 [12:51] {Threei}  no, dates and venue will be changed accordingly to survey result, to accomodate as many as possible
[12:52] {Onix} sorry, no
 [13:01] {Threei}  slackers
 [13:02] {Threei}  I will enjoy Bahams without ya'll
 [13:02] {Threei}  and magoo meanwhile will go to Bermuda
[13:04] {dino} lol
[13:05] {dino} stel
06[13:11] * laserdave1 slaps Threei around a bit with a large trout
06[13:11] * laserdave1 slaps Threei around a bit with a large magoo
 [13:11] {Threei}  lordy... give this man something not that smelly to slap with
 [13:11] {Threei}  ummm... I meant trout, not magoo {G}
[13:11] {laserdave1} haha
[13:11] {laserdave1} what timing
 [13:12] {Threei}  lol
[13:12] {laserdave1} lmao
[13:12] {laserdave1} that was crazy timing
[13:12] {laserdave1} happy new year everyone
[13:12] {dino} rate drop
 [13:12] {Threei}  same to you daviouesky
[13:12] {laserdave1} looking forward to market picking up come Monday
[13:12] {laserdave1} :)
[13:13] {laserdave1} u never know though
[13:13] {laserdave1} year end
[13:13] {laserdave1} we could get a bit of action come end of day
[13:14] {laserdave1} books might need balancing
 [13:14] {Threei}  Fri is a bit of enigma too
[13:16] {dino} happy new year dave
06[13:16] * magoo slaps laserdave1 around a bit with a large hope and more hope that daves work ethic improves and he buys alarm clock
 [13:16] {Threei}  one trading day between holiday/weekend
 [13:16] {Threei}  natural expectation would be not much action
 [13:16] {Threei}  but who knows
[13:16] {dino} like last friday
 [13:16] {Threei}  could be a setting the stage
[13:17] {magoo} difference is dino.....this friday is a brasnd new year..last fri was forget 08
 [13:17] {Threei}  we will see, and act accordingly to our undoubtedly astute observations
[13:17] {dino} you just don't get it do ya magoo
[13:17] {dino} nothing matters
[13:18] {magoo} all that matters is the game..correct
[13:18] {dino} the game, nothing quite the same, all that matters is the game
[13:19] {dino} saia
[13:19] {dino} thinnies popping
 [13:22] {Threei} Long Setup:  TLT  small shares .30 break
 [13:22] {Threei}  stop under .20
[13:23] {magoo} expensive one
[13:23] {dino} sm s itri .00, stop hod
 [13:23] {Threei}  and invalidated
 [13:24] {Threei}  just how many shortcomings can come together in one stock
[13:25] {dino} several
 [13:26] {Threei}  btw, I just realized
 [13:26] {Threei}  magoo broke his morning promise
 [13:26] {Threei}  I gave him what he wanted in a form of a few nice trades... but he is still here
[13:26] {magoo} huh
[13:27] {dptl} lol
 [13:27] {Threei}  [09:30] {magoo} give me what i want vad...and i will go away
[13:27] {magoo} dino twisting my arm to drink already
[13:27] {magoo} he wants to call it a yr..hes up something like 2k already
[13:28] {dino} acap bstop to .18 expect slippage
[13:29] {magoo} whats price of crude anyone?
 [13:30] {Threei}  I show 40.50
[13:31] {KSystems} OK, I'm out of here
[13:31] {KSystems} need to get drunk
[13:31] {KSystems} Cya in 2009, take care and don't drink too much :D
 [13:31] {Threei}  you have to do what you have to do
 [13:32] {Threei}  take care ks, happy New Year
[13:32] {KSystems} Happy New Year :)
[13:32] {dino} happy new year ks
[13:32] {dino} acap to .12
[13:34] {dino} acap slp, cov stop .12 ave. +.63
[13:35] {Onix} wtg!
[13:36] {magoo} happy KS
06[13:37] * magoo slaps laserdave1 around a bit with a large basket of cheer for new years party
[13:37] {dino} sm l esrx .05
[13:37] {magoo} DRYS vad
[13:37] {magoo} looks ready
[13:37] {dino} ty onix
 [13:37] {Threei}  could take a few tries
 [13:37] {Threei}  if you really want it, first one would be .20 break
[13:39] {magoo} egle going
[13:49] {dino} ozrk
[13:54] {dino} sm s ozrk .26 stop .57
 [14:03] {Threei}  {AXL JCI BWA MGA GT NAV}
 [14:04] {Threei}  that was I guess
[14:05] {dino} that is one of the lines that services eupoean countries if i remember correctly
 [14:05] {Threei}  yup
 [14:05] {Threei}  annual balckmail by Russia
[14:06] {dino} yes, last i think they did the same
[14:06] {dino} last year
[14:07] {dino} iflo
[14:07] {patience} first time in a year i've been caught in a trade with the system down
[14:07] {patience} want to get out of goldcorp
[14:08] {patience} on hold...yeesh
[14:09] {dino} gl
[14:10] {patience} thanks dino, i've had pretty good luck this year technically, odds had to hold true though
[14:13] {patience} oh well, watching oil contract running up
[14:16] {dino} ozrk stopped -.34
[14:17] {ese} HBAN   " it's about time" "it's about space" "it's about a family ......lost in space" wasn't that the theme to that space show in the 60's Robinson Family....
[14:19] {ese} whatever......
 [14:19] {Threei}  lol
[14:20] {dino} danger/danger
[14:41] {magoo} vad EGLE
 [14:42] {Threei}  don't know what to say mags
 [14:43] {Threei}  climbs slowly... no indication whether it continues or dies sudden death
[14:50] {dino} up to the markets imo
[15:01] {magoo} vad..put down the spiked EGGNOG and fiund me $300 bux
 [15:02] {Threei}  why 300?
[15:03] {dino} asei hmmm
[15:04] {dino} fwiw fed day top 8958, hod for dec 9026
[15:04] {dino} sell the rips still imo
[15:05] {dino} 8118 low dec
[15:06] {magoo} need it
[15:12] {magoo} [15:01] {magoo} vad..put down the spiked EGGNOG and fiund me $300 bux
[15:12] {magoo} [15:02] {Threei}  why 300?
[15:12] {magoo} [15:03] {dino} asei hmmm
[15:14] {magoo} i like christiajn bros 80 proof VS in my nog
[15:14] {ese} have a happy new year's birthday celebration time.....see ya friday
[15:15] {patience} have fun ese  :)
[15:15] {ese} see ya patience
 [15:15] {Threei}  take care ese, happy birthday and happy new year
[15:19] {magoo} anyone trading afterhours tonite lol
[15:19] {patience} nope...just waiting to unload goldcorp still
[15:20] {dino} did you get thru
[15:21] {patience} was finally able to log on but they gave me a number in ottawa, i thought what the heck...if you end up holding it, so be it
[15:21] {patience} it's up $1.30 for me so i'll see how much i can get out of it before the close
[15:22] {dino} ok
[15:22] {dino} sounds like when i try to talk w/chuck
[15:23] {patience} chuck is still around?
[15:23] {dino} schw
[15:24] {patience} oh, silly me
[15:24] {dino} :)
[15:25] {dino} mnro
[15:25] {patience} i used to like it when chuck was in the room though
[15:25] {dino} me too
[15:26] {patience} hey vad, you going to the levee's tomorrow?
 [15:26] {Threei}  nah
 [15:29] {Threei}  **in the S&P500:
 [15:29] {Threei}  - FLIR replaces NCC
 [15:29] {Threei}  - OI replaces WB
 [15:29] {Threei}  - SCG replaces MER
 [15:29] {Threei}  **in the S&P400:
 [15:29] {Threei}  - OHI replaces SCG
 [15:29] {Threei}  - VLY replaces FLIR
 [15:29] {Threei}  **in the S&P600:
 [15:29] {Threei}  - ACAP replaces MNC
 [15:29] {Threei}  - AMSF replaces FED
 [15:29] {Threei}  - ATU replaces BLTI
 [15:29] {Threei}  - INDB replaces LBY
 [15:29] {Threei}  - FSP is added
 [15:33] {Threei}  DRYS fast drop
[15:33] {Onix} FLIR relaces NCC but then VLY replaces FLIR?
[15:33] {magoo} dino..make the 3:40 call...u got the BALL
[15:33] {dino} itri bstop to flat can't move
 [15:33] {Threei}  different indexes onix
[15:33] {dino} it's coming
[15:34] {dino} 60-80 pts
[15:34] {Onix} ok ty
 [15:34] {Threei}  flir moves from 400 to 500
[15:34] {dino} we go 200-220
[15:34] {dino} just about at peak of range, 8828 was end of nov.
[15:35] {dino} cov itri +.02
[15:36] {dino} oct top at end was about 9100
 [15:41] {Threei}  in case you wondered about their plans for new year eve
[15:44] {magoo} feel bad for them.....NOT
[15:47] {magoo} look at this sell off vad
 [15:48] {Threei}  looking
 [15:48] {Threei}  DRYS bounce cadnidate
[15:48] {magoo} from where?
[15:53] {magoo} .57 was the ticket
 [15:53] {Threei}  got .61
[15:53] {dino} huh, no big push
[15:57] {dptl} ok...Happy New Year all...and all the best.......see ya friday :)
[15:57] {patience} you too dp  :)
 [15:57] {Threei}  take care dp, happy new year'
 [15:57] {Threei}  thank you all, have a great New Year eve
 [15:57] {Threei}  see you all on Friday
[15:58] {dino} out esrx .10, +.05
[15:58] {patience} have fun tonight vad, thanks for the help this year
[15:59] {dino} happy new year all, be safe
[15:59] {dawg} thanks all
[15:59] {patience} i'm holding onto goldcorp.  want to see if i can start the new year off right
[16:00] {dino} cov mnro .45, +.05
[16:02] {magoo} ty vad, everyone..have a happy

Tuesday, December 30, 2008

Dec 30 2008

Not terribly active day, as expected. Couple stops, couple wins, barely profitable. AAPL saga brought nice trading opportunity when reluctant denial of a rumor appeared but it was mostly for personal consumption, not the room call.

Session Time: Tue Dec 30 00:00:00 2008

[08:34] {lisa_jay} Good morning.
[08:34] {Threei}  morning lisa
[08:34] {dawg} gm all
[08:34] {Threei}  dawg :)
[08:35] {Threei}  sold 500 SLW 6.57 seeing oil and gold down
[08:35] {patience} good morning RT   :)
[08:35] {Threei}  got 300 more that I picked yesterday at .38
[08:35] {Threei}  patience :)
[08:35] {Threei}  not sure if it's worth holding
[08:35] {Threei}  I guess will dump it if it loses .30
[08:35] {lisa_jay} HI Dawg, Patience.
[08:35] {patience} morning Lisa
[08:35] {dawg} Hello Lisa
[08:36] {patience} wouldn't surprise me if precious metals sulk for a week or so
[08:45] {Larisa1} good morning :)
[08:45] {Threei}  Larisa :)
[08:46] {Onix} Good morning all
[08:46] {Threei}  onix :)
[08:46] {Larisa1} onix, threei :)
[08:47] {Threei}  yesterday around 8:40 pm I decided I am all for chemical castration as method of idiots control
[08:48] {Threei}  driving kids to ferry, temperature drops to freezing point after some rain during the day,
[08:49] {Threei}  on a curvy part of road I hit back ice patch,
[08:49] {Threei}  car fishtails a little, AWD kicks in and evens it out,
[08:49] {Threei}  I take foot off the gas pedal, arriving safely.
[08:50] {Threei}  On my way back, driving at the same spot, there is big SUV, Ford Explorer
[08:51] {Threei}  on this same patch loses control totally, wanders all over the road, by sheer luck avoids hitting concrete divider or car in the next lane.
[08:51] {Threei}  I take foot off gas pedal again,
[08:51] {Threei}  now get this:
[08:51] {Threei}  car behind me, THE SAME MODEL, Explorer,
[08:52] {Threei}  nervously honks and hurriedly passes me sharply swerving around me.
[08:52] {Threei}  Right there, seeing that one with no control 2 seconds ago!
[08:52] {Threei}  Now, do we want these people to procreate?
[08:53] {lisa_jay} We will need someone to buy our shares when we sell for profit Vad.
[08:54] {Threei}  yeah but life expectancy is not high enough for this kind... they won't be around when we hit sell button
[08:56] {Threei}  *OCT CASE SHILLER HOME PRICE INDEX: 158.1 V 161.56 PRIOR; COMPOSITE 20 INDEX: -18% V -17.9%E
[08:56] {Threei}  - prior home price revised from 161.56 to 161.65
[09:13] {magoo} morning
[09:13] {dino} gm all
[09:13] {tomg} good morning 
[09:13] {Threei}  magoo, dino, tom :)
[09:14] {magoo} vad, news GS AAPL FSLR RIMM?
[09:15] {dptl} good morning all
[09:15] {ese} good morning........
[09:15] {Threei}  dp :)
[09:15] {Threei}  not really mags
[09:15] {Threei}  ese :)
[09:16] {ese} heres interesting info for you all.......
[09:16] {ese} it's my birthday tomorow....
[09:17] {Threei}  wow... guaranteed celebration every year even if they forget :)
[09:17] {Threei}  happy birthday :)
[09:17] {ese} yes indeed!!!
[09:17] {ese} tks
[09:17] {magoo} nice ES ..happy bday
[09:17] {tomg} happy birthday ese :)
[09:17] {Onix} hi magoo; dino; tomg
[09:17] {ese} tks tom
[09:18] {ese} morning onix
[09:18] {tomg} hi onix
[09:18] {Onix} hi ese, happy birthday tomorrow!
[09:21] {ese} thnks you
[09:21] {dino} have a happy b-day es
[09:21] {ese} sorry thank you...thats better
[09:22] {ese} tks dino......
[09:22] {patience} happy birthday ese   :)
[09:23] {ese} tks patience.....
[09:30] {gen} gm evrybody :)
[09:30] {Threei}  gen :)
[09:31] {dino} rtlx
[09:32] {Threei}  watching PAL for 2 break
[09:32] {Threei}  I'd prefer it to happen when metals are strong though
[09:35] {Threei}  STLD
[09:35] {Threei}  watching for long if pulls back to .40 -.50
[09:36] {Threei}  half lot, one more leg down
[09:37] {Threei}  or .60 break if holding above .50
[09:38] {Threei}  better
[09:38] {Threei}  .50 break if holding above .40
[09:40] {Threei} Long Setup:  SLW  .33, stop under .20
[09:41] {Threei}  for hard core scalpers under .25
[09:42] {Onix} in .34
[09:42] {dino} rimm sm l .20
[09:44] {dino} stop is .89
[09:45] {dino} clwr blood
[09:45] {patience} agrium and potash doing well, low volume though, cdn side
[09:46] {ese} L SLW .36 1/2
[09:47] {lisa_jay} targets for trades vad?
[09:47] {dino} rimm stopped -.31
[09:48] {Threei}  SLW half out on the next spike, STLD is just a scalp if works
[09:50] {Threei} Long Setup:  QQQQ  .12 if stays above .05
[09:52] {dino} dxd sm l .60
[09:53] {dino} stop lod
[09:59] {dino} out dxd .00, +.40
[10:00] {patience} the market is moving in slow motion
[10:00] {Threei}  DEC CONSUMER CONFIDENCE: 38 V 45.5E
[10:00] {Threei}  yikes
[10:00] {dino} whew, thought that was me
[10:00] {Threei}  let's rally on this, and we are officially in a bull market
[10:01] {Threei}  STLD no worky
[10:01] {lisa_jay} STLD stopped
[10:02] {ese} Out SLW  too much supply -.06
[10:06] {Threei}  good out
[10:06] {lisa_jay} SLW stopped
[10:06] {Onix} stopped slw
[10:06] {dino} vz sm l .95, stop .62
[10:15] {lisa_jay} STLD rinsed.
[10:15] {Threei}  Qs setup is back
[10:15] {magoo} yes in .08
[10:18] {magoo} u know..i miss those 500 point swings
[10:18] {Threei}  lol
[10:18] {magoo} got used to big movemts
[10:18] {Threei}  they'll be back
[10:18] {Threei}  we are just having holiday boredom
[10:22] {lisa_jay} in q"s
[10:23] {Threei}  STLD, that was rude
[10:28] {Threei}  half out Qs here or scalp, your choice
[10:30] {Onix} ty Vad, i took 12c in q's
[10:30] {lisa_jay} Scalped out Q's got 10c thanks Vad.
[10:30] {dino} last try rimm sm l .95
[10:30] {Threei}  welcome
[10:30] {Threei}  offering second half .28
[10:30] {magoo} .27 here
[10:31] {magoo} out he he
[10:31] {lisa_jay} nice
[10:32] {Threei}  out
[10:32] {magoo} nice call boss
[10:34] {Threei}  barely covered previous stops, lol
[10:34] {magoo} you are only human:)
[10:36] {magoo} can u believe how nice i am being?
[10:36] {patience} i always said, that magoo...he is a real gentleman
[10:37] {Threei}  I can't magoo... I fainted
[10:37] {magoo} :)
[10:37] {patience} meanwhile back at the ranch, i totally missed the momo in cdn banks, ag and energy plays
[10:40] {magoo} haven"t done this in awhile
06[10:40] * magoo slaps patience around a bit with a large new pair of nike running shoes
[10:40] {patience} as long as they are new
[10:45] {lisa_jay} testing
[10:46] {lisa_jay} drys is perky this morning.
[10:46] {ese} back long SLW .29 1/2 lot
[10:47] {magoo} vads, news FSLR?
[10:47] {Threei}  nope
[10:51] {Threei} Long Setup:  LINE  .10 break half lot if stays above 15
[10:55] {magoo} any read PRU vad?
[10:56] {Threei}  mostly mirrors market today
[10:57] {Threei}  probably worth try for bounce scalp on sharp dive under .50
[10:57] {Threei}  smaller shares
[10:58] {Threei}  GM
[10:58] {Threei}  - Sales Chief: December sales had been better m/m before announcement of recent incentivized offers, may evaluate return to leasing
[10:58] {Threei}  - Notes that 2009 sales expectations remain unchanged{F}
[11:02] {patience} heading out for a bit, watching brazilian stocks, PBR is one i wanted to trade today
[11:02] {KSystems} good morning
[11:03] {Threei}  KS :)
[11:03] {Onix} hi KS
[11:03] {KSystems} hey vad, onix
[11:03] {Onix} it is so crazy ... when institutions get into trouble, they become banks?
[11:04] {Onix} lke Goldman Sacks & GMAC?
[11:06] {dino} life insueres
[11:06] {dino} insurers
[11:11] {dino} stop rimm .99, +.04 thing won't move
[11:12] {magoo} rimm lost its favor for now
[11:12] {lisa_jay} SVNT
[11:16] {Threei}  had news after market
[11:16] {Threei}  12/29/08 05:01pm
[11:16] {Threei}  [SVNT] Savient Pharmaceuticals Inc. Pegloticase BLA Filing Accepted for Priority Review by FDA
[11:16] {Threei}  - PEGLOTICASE is a novel biological drug for treatment-failure gout (TFG) patients.
[11:16] {Threei}  - Under priority review, the target date for an FDA decision on the pegloticase BLA is April 30, 2009.
[11:20] {Larisa1} magoo hurt RIMM's feelings, moving now :)
[11:21] {Threei}  PLD
[11:21] {Threei}  if losing .40, likely to drop sharply and give nice bounce scalp
[11:21] {dino} wmt sm l .50
[11:21] {magoo} call your entry please..i always chase iin
[11:22] {dino} f'ing rimm
[11:24] {magoo} long aapl here for scalp
[11:24] {magoo} in .18
[11:24] {magoo} stop ..90
[11:26] {magoo} .47 exit
[11:26] {magoo} if gets there
[11:27] {Threei}  SAY
[11:27] {Threei}  short on .70 break?
[11:27] {Threei}  with stop above .80
[11:27] {magoo} avail
[11:27] {Threei}  it's not news really
[11:28] {Threei}  hard to tell
[11:28] {magoo} missed PRU
[11:29] {magoo} kickin AAPL
[11:30] {Threei}  OK, .69 short but with stop above .75
[11:30] {magoo} pretty good kkick
[11:30] {magoo} out
[11:30] {Threei}  no kidding
[11:30] {Threei}  wtg
[11:30] {magoo} hurt myself tho
[11:31] {Threei}  RIMM won't follow for some reason
[11:31] {Threei}  didn't make even couple cents on this Qs spike
[11:31] {dino} aapl sm l .40
[11:32] {magoo} yeah,..aapl moves still..not as  good as used too..but rimm has quit
[11:38] {Threei}  if market goes for new highs, HIG 16 break for a scalp
06[11:39] * Threei slaps Chaeron around a bit with a large Happy New Year greeting
[11:39] {Chaeron} thanks :) Hi all
[11:40] {Onix} hi Chaeron
[11:41] {Chaeron} hi Onix :)
[11:42] {Threei}  Santa is here but looks pretty much sapless
[11:42] {Threei}  spent
[11:42] {Threei}  exhausted
[11:44] {lisa_jay} futures going up...but HIG not breaking that 16
[11:48] {dino} aapl stop to .80
[11:52] {dino} out +.40
[11:54] {Onix} wtg!
[11:55] {Threei}  nice one
[11:55] {tomg} wtg dino, i got part of it, ty!
[11:55] {dino} ty
[12:01] {dino} i messed up wmt, had .95 and didn't take it
[12:05] {Threei}  CAT
[12:05] {Threei}  half lot long on .50 break
[12:05] {Threei}  stop under .35
[12:06] {Threei}  with any market support is capable of more than scalp
[12:09] {dino} stopped vz .22, +.28
[12:09] {dino} stopped wmt .65, +.15
[12:13] {Threei}  put also KLAC on watch
[12:13] {Threei}  bounce scalp candidate
[12:18] {laserdave1} laserdave1 hits the entire room with santy claus
[12:18] {Threei}  lol
[12:18] {Onix} ty
[12:19] {laserdave1} now tha was imprssive
[12:19] {laserdave1} nprobs
[12:27] {lisa_jay} laserdave1 DCC if you have a minute
[12:30] {dino} itri
[12:30] {dino} ensg
[12:37] {dino} itri sm s .18, risky
[12:40] {Threei}  watching KLAC for possible bounce off .50 and CAT off 43
[12:47] {Threei}  SVNT nice sizeable pullback
[12:48] {dino} stop on itri is .46
[12:49] {Threei}  AAPL
[12:49] {Threei}  reports of Jobs health problems
[12:50] {lisa_jay} sheesh
[12:50] {Threei}  rumors rather
[12:50] {Threei}  if denied, buy all you can
[12:51] {lisa_jay} Drys any read vad?
[12:51] {Threei}  AAPL
[12:51] {Threei}  not really
[13:01] {dino} aapl sm l .90, risky
[13:05] {magoo} u in cat vad
[13:08] {dino} vad is the cat
[13:08] {Threei}  no
[13:09] {dino} out aapl .30, +.40
[13:10] {lisa_jay} nice
[13:10] {dino} cpla spike
[13:10] {Threei}  missed it near 43, got distracted
[13:10] {dino} thin
[13:10] {Onix} gj
[13:10] {dino} midd too
[13:10] {magoo} nice dino
[13:10] {dino} thx
[13:21] {lisa_jay} .
[13:26] {dino} cov itri .85, +.33
[13:26] {Onix} nice
[13:26] {dino} ty
[13:27] {Threei}  last time around this happened company was faairly quick to deny rumors
[13:27] {Threei}  I guess traders get nervous about lack of denial
[13:29] {dino} we shall buy it again
[13:29] {magoo} oh no u shant
[13:35] {dino} getting interesting
[13:37] {magoo} o no 
[13:37] {dino} would seem that jobs is the only aapl employee the way it trades
[13:37] {magoo} the only one in research
[13:37] {Onix} SU?
[13:38] {magoo} SU=shut up?
[13:38] {Threei}  lol
[13:38] {Threei}  not sure onix
[13:38] {Onix} :)
[13:41] {dino} esrx
[13:41] {lisa_jay} FFIV
[13:44] {Threei}  half lot CAT .11
[13:45] {dptl} stop under 43?
[13:45] {Threei}  yup
[13:46] {magoo} in cat
[13:46] {lisa_jay} IN
[13:46] {Onix} in .12
[13:47] {ese} talk about your b-flat ordinary tuning type nothing day.   Am still long the molasses version of SLW.  Although i'm +.08 which would put me up  +,02 for the day.
[13:47] {dino} fantastic
[13:48] {lisa_jay} Bright side you are up.
[13:48] {dino} lol
[13:48] {Threei}  more ethusiasm AAPL
[13:48] {ese} huh.....aaahhh oh ya....i'm up!
[13:49] {magoo} hate to chase aapl here
[13:49] {magoo} NEWS AAPL CNBC
[13:49] {Threei}  denial?
[13:50] {ese} he better be i just bought his computor.
[13:50] {magoo} yes
[13:50] {Threei}  beautiful
[13:50] {lisa_jay} were u long?
[13:50] {Geo} hi fellow speculators !
[13:50] {Geo} laseedave dcc pls
[13:50] {Threei}  grabbed .18
[13:50] {Threei}  half out CAT
[13:51] {Threei}  stop to .04
[13:52] {dptl} cat?
[13:52] {Threei}  yes
[13:55] {Threei}  this is not real denial, is it
[13:55] {dino} me thinks aapl protests too much
[13:55] {magoo} not a clear denial
[13:55] {Threei}  no
[13:56] {Threei}  market wants to see him doing push-ups
[13:56] {dino} brings back memories of the 3 d's
[13:57] {Threei}  our balance CAT
[13:57] {Threei}  out
[13:57] {lisa_jay} stopped
[13:57] {Onix} stoped CAT
[13:57] {Onix} & stopped
[14:01] {magoo} ditto
[14:01] {Threei}  am I the only one here taking half at 1:1??
[14:02] {dino} you are te only one here
[14:02] {Threei}  oh good
[14:02] {Onix} yup
[14:02] {magoo} yup
[14:03] {Onix} ever hopeful ... i thought 1:1 for CAT was .22 - .24
[14:04] {Threei}  hit.22, stalled... why be so literal in choppy thin market?
[14:05] {Threei}  [13:50] {Threei} half out CAT
[14:05] {Onix} learning every day ... was too fast for me :)
[14:11] {dino} esrx sm l .60
[14:14] {dino} stop is .33
[14:15] {dino} uhal rocking, thin
[14:17] {Threei}  people are moving a lot recently?
[14:22] {dino} \perhaps
[14:26] {Threei}  8 snowmobilers died in avalnche in BC
[14:31] {Threei}  FMCN
[14:35] {magoo} vad..mkt close up big or wha?
[14:36] {Threei}  I doubt it
[14:36] {magoo} feels to magoo up
[14:37] {Threei}  feels up to me too, but big - hardly
[14:37] {patience} is market open all day tomorrow?
[14:37] {Threei}  half
[14:37] {Threei}  I think
[14:37] {patience} ty
[14:38] {dptl} i think its a full day
[14:38] {dino} gass
[14:38] {lisa_jay} Patience are you in PBR?
[14:38] {patience} y
[14:38] {lisa_jay} Where did you pick it up?
[14:38] {lisa_jay} thanks.
[14:38] {patience} 23.40
[14:39] {patience} was waiting for a nice pop after the bollinger bands narrowed so nicely
[14:39] {dino} pabst blue ribbons
[14:39] {patience} not exactly taking off
[14:39] {Threei}  yup... full day
[14:39] {patience} it is a good swing candidate for me
[14:40] {patience} i'm reading up on brazilian stocks, will narrow the list down to 6 and probably trade them in 2009
[14:41] {lisa_jay} The daily looks very nice...
[14:41] {dino} esrx stopped -.27
[14:41] {patience} slow and steady   :)
[14:42] {lisa_jay} Not to jinx it, but if it were to not work out...where would you be stopped out?  Thanks.
[14:43] {patience} in the 21 dollar area...this is a longer play for me
[14:43] {lisa_jay} Ok, thank you.
[14:59] {dino} esrx getting spanked
[15:02] {dino} vz sm l .80
[15:10] {Geo} hey vad dcc if you have a min pls
[15:13] {dino}  vrtx
[15:25] {dino} aapl sm l .70
[15:35] {dino} aapl stoped .25, +.55
[15:35] {lisa_jay} nice
[15:35] {dino} ty
[15:35] {dino} magoo piggy backed it
[15:36] {Threei}  watching CSIQ for pullback into .40- .50
[15:38] {magoo} dino..3:40 spikarolla}????
[15:39] {dino} signs point to yes
[15:39] {dino} esrx big old rinse
[15:41] {Threei}  will take CSIQ if eats through .60
[15:45] {dino} theres 46 pts
[15:45] {dino} should get 60-80
[15:45] {dino} had 50
[15:50] {lisa_jay} anyone got CSiQ?
[15:50] {Onix} went way too fast through 60, 61 etc.
[15:51] {dino} nope
[15:52] {dino} ok +60
[15:52] {Threei}  don't take it on pullback unless willing to hold overnight
[15:52] {Threei}  too close to eod in case you lost track of time
[15:53] {dino} crazy 3:40 bounces go 60-80 points just about every day
[15:55] {magoo} DINOOOOOOO
[15:55] {magoo} called it
[15:56] {dino} 82
[15:57] {dino} out vz .20, +.40
[15:58] {dino} slow day, but 8/11
[16:00] {dptl} have a good evening all
[16:00] {Threei}  thank you all
[16:00] {Threei}  have a good evening, see you tomorrow for the last session of this tortured year
[16:01] {magoo} ty boss
[16:01] {dino} take care all
[16:01] {dino} thx for ideas
[16:03] {dawg} thanks everyone

Monday, December 29, 2008

Dec 29 2008

Mostly slow day, still presented a few nice trades. SLW particularly was useful educational one as we applied so called "umbrella concept".  See the comments from 10:00 and on for more details.

Session Time: Mon Dec 29 00:00:01 2008

[08:30] {Threei}  **Note Crude drifting lower after Senegal Foreign Min stated that Hamas Chief Meshaal was ready to sign a peace agreement
[08:47] {Onix} Good morning everybody
[08:48] {Threei}  onix :)
[08:59] {gen} gm rt
[08:59] {Threei}  gen :)
[08:59] {gen} :)
[09:00] {KSystems} Good morning
[09:01] {Threei}  ks :)
[09:03] {Onix} hi gen; ks
[09:06] {gen} Onix ,ks:) 
[09:07] {ese} good morning......
[09:07] {dawg} gm all
[09:08] {Onix} hi dawg
[09:08] {lisa_jay} Good morning.
[09:08] {magoo} morning
[09:08] {Onix} hi lisa; magoo
[09:09] {lisa_jay} Hi Magoo, Onix, Dawg, Ese, Gen, Ksystems, Threei :-)
[09:10] {gen} lisa, magoo, dawg, ese :)
[09:11] {dawg} Hello Onix
[09:11] {Threei}  ese, dawg, magoo, lisa :)
[09:12] {Threei}  so... as if 2008 was too boring, we got new war on its last days
[09:15] {Onix} hi ese
[09:15] {ese} hey onix....happy new year all....
[09:15] {Onix} just seems as if that war will never end
[09:15] {Onix} ty
[09:16] {Threei}  thank you ese, you too!
[09:16] {ese} vodka all around .....on vad...bonus for being on the board??????
[09:16] {Threei}  sure, just don't let dp to pour it
[09:17] {Threei}  he knows just one measurement: to the rim
[09:17] {ese} my kind of measuring
[09:18] {Threei}  watching SLW, possible mover on renewed commodities strength
[09:18] {Threei}  GG
[09:18] {Threei}  USO
[09:19] {Threei}  half eye on PLD to see if there is a desire for momo continuation
[09:19] {ese} done
[09:19] {dino} gmn all
[09:19] {Threei}  dino :)
[09:19] {dino} gm that is
[09:20] {gen} dino:)
[09:20] {dino} 'gm gen
[09:21] {Onix} hi dino
[09:22] {dino} :)
[09:23] {magoo} vad, news AAPL..RIMM..FSLR??
[09:24] {Threei}  nope
[09:26] {dptl} good morning all
[09:27] {dino} zacks buy on rimm
[09:27] {gen} dp:)
[09:27] {dptl} :)
[09:28] {magoo} ty
[09:29] {ese} whats with LINE?
[09:29] {Threei}  dp :)
[09:29] {Threei}  12/27/08 10:32am
[09:29] {Threei}  Barron's Cover Story: HPQ is Printing Profits
[09:29] {Threei}  ** also in Barron's this week: positive on MICC and LINE; credit card issuers face tough times.
[09:30] {Threei}  - positive feature Linn Energy MLP (LINE) a gas and oil driller that pays out close to 70% of its quarterly cash flow to its shareholders. The shares have been halved recently, but could rebound back to their peak if the limited partnership can maintain its level of cash-flow distributions
[09:33] {patience} out Gordcorp +3.03 - I'm done for the day   :)    good morning RT
[09:33] {Threei} Long Setup:  SLW  .30 break if stays above .15
[09:33] {Threei}  nice hold patience
[09:33] {magoo} in SLW
[09:33] {patience} involuntary, tsx was closed last friday
[09:34] {ese} nice patience....
[09:35] {Onix} in .32
[09:35] {Threei}  look to half out SLW closer to .50
[09:35] {magoo} waiting .47
[09:36] {Threei} Long Setup:  GG  half lot 31 break if stays above .85
[09:39] {Threei} Long Setup:  PLD  half lot .20 if stays above 13
[09:39] {Threei}  GG invalidated
[09:39] {dino} gj patience
[09:39] {Threei}  SLW 1:1, half out
[09:40] {magoo} out .47 TY
[09:40] {Threei}  welcome
[09:40] {ese} good job all...
[09:40] {Threei}  PLD invalidated
[09:41] {Threei}  bounce candidate but no read here
[09:41] {magoo} USO bouncer vad?
[09:42] {Threei}  offering 1/4 more SLW .59
[09:43] {Threei}  not sure here mags
[09:43] {magoo} ok ty
[09:43] {magoo} beauty SLW boss
[09:43] {Onix} 1/2 out slw .49
[09:44] {gen} SLW .55
[09:44] {Threei}  out 1/4 .54
[09:44] {gen} ty Vad
[09:44] {Threei}  :)
[09:45] {Threei}  stop for the last part is under .30
[09:46] {Threei}  with most of profit protected want to let it breathe and move
[09:47] {magoo} wheres support? .30 ish/
[09:49] {Threei}  most pronounced one, yes
[09:50] {Threei}  pld
[09:51] {Threei}  ugh
[09:51] {Threei}  missed that sharp selloff
[09:51] {Larisa1} nah, it was not catchable bottom
[09:51] {Threei}  I guess
[09:51] {wishbone} gg
[09:56] {Threei}  if this last portion is stopped on SLW, this one is not done most likely
[09:56] {Threei}  just need something new to shape up on it
[09:57] {Threei}  don't be in any rush to force new trades, our strategy till jan is to be relaxed and picky
[09:57] {Threei}  hunt and peck
[09:57] {Threei}  not that we are going to become particularly tense in Jan, mind you
[10:00] {Threei}  we can try kind of umbrella trade on SLW here
[10:00] {Threei}  if stays above .40, buy 1/4 back on .45 break
[10:00] {Threei}  stop for this 1/4 is under .40
[10:00] {Threei}  if moves, ride half lot into .55 and higher, look to unload it around .60
[10:01] {Threei}  unload 1/4 that is
[10:01] {Threei}  still keeping first 1/4 as core position
[10:01] {Threei}  confusing enough? :)
[10:01] {Onix} clear as mud :)
[10:01] {KSystems} order status page looking funny now :)
[10:03] {Threei}  consider them 2 separate positions, those 1/4s
[10:03] {Threei}  one is still with stop under .30 and for riding
[10:03] {Threei}  another is .45 break entry
[10:03] {Threei}  with stop under last low and for exit around .60
[10:04] {Threei}  umbrella concept, scalping around core position
[10:06] {Threei}  getting full lot and grabbing 1:1 would be more in the spirit of the concept, I just don't want to overcommit in this environemnt, and keep this trade as kind of training wheels
[10:06] {Threei}  because we will do more of this kind as bull market arrives
[10:07] {Threei}  feel free to take scalp on this second 1/4 anytime
[10:07] {Threei}  it's over 1:1
[10:10] {Threei}  where is Geo, missing such an educational trade
[10:10] {Threei}  where is Chaeron the Adorable, he is just missed
[10:10] {Larisa1} sigh
[10:11] {Threei} Long Setup:  AUY  7.40 if stays above 7.30
[10:11] {dino} fwiw, watching ccc, rvbd, panl, gild
[10:12] {dino} afam too
[10:18] {Larisa1} vad, on PLD, capitulation bottom was too fast to catch, jumped with spread .25. But would you short it on a bounce back to 13 (10:04)  with a stop just above 13, or too strong bounce for shorting ?
[10:19] {Threei}  hard to tell
[10:19] {Threei}  one of those that look easy in hindsight
[10:19] {Threei}  but during the development, not much to hang your hat on
[10:20] {dino} 8391 dji target
[10:23] {Threei}  coward
[10:25] {Chaeron} who you callin' yellow?"... :) Good morning all
[10:25] {Threei}  hi Chaeron :)
[10:26] {Threei}  [10:10] {Threei} where is Chaeron the Adorable, he is just missed
[10:26] {Larisa1} morning Chaeron :)
[10:26] {Chaeron} awww thanks... but that title just doesn't strike fear in men's hearts.......
[10:28] {dino} no, not really
[10:28] {Threei}  but it's so warm and fuzzy
[10:29] {Geo} gm traders !
[10:29] {Chaeron} hi Geo
[10:30] {Threei}  Geo :)
[10:30] {Threei}  [10:10] {Threei} where is Geo, missing such an educational trade
[10:30] {Threei}  there... they heard me or what
[10:31] {Geo} :)
[10:31] {Threei}  SLW new high
[10:31] {Geo} i was planning to slack till jan
[10:31] {Geo} couldnt keep away
[10:31] {Threei}  can trail dtop to under .40 now
[10:32] {Threei}  dtop = stop, I guess
[10:33] {Threei}  AUY stop to .34
[10:33] {dino} nwpx
[10:38] {ese} long JASO .32
[10:43] {dino} sm l gild .40, stop .07
[10:51] {Threei}  SLW umbrella trade can be engaged once again with .55 break if stays above .50
[10:52] {dino} sm l ccc .00., stop lod
[11:04] {Threei}  overall, liking this approach tried on SLW today?
[11:07] {Larisa1} group tough to please, you need to try harder threei :)
[11:07] {magoo} yup
[11:07] {Onix} it is looking good, but i sold out earlier, ty
[11:08] {Threei}  every time I try harder I just fall asleep
[11:09] {Larisa1} open your windows, cold air will wake you up :) 
[11:09] {dino} out gild .60, +.20
[11:09] {Onix} gj
[11:10] {dino} ty
[11:11] {Threei}  that would go against my actual purpose larisa
[11:11] {Threei}  making money while being barely awake (or half asleep), and by no means do anything that could get me wake up fully - that's the idea state
[11:12] {Threei}  ideal
[11:13] {lisa_jay} Is the SLW trade still valid (umbrella)?
[11:13] {lisa_jay} Thanks.
[11:14] {Threei}  no, holding .50 was a condition
[11:14] {Threei}  and it didn't just dip 1 cents below
[11:29] {magoo} Q read vad?
[11:30] {Threei}  chart wise, scalp on a long side with .70 trigger
[11:30] {Threei}  how reliable it is in so slow trading, no idea
[11:30] {dino} afam sm l .70, gappy, wide risky
[11:31] {dino} grrr nwpx was waiting s at .84
[11:33] {lisa_jay} Come one AUY break .50 already.
[11:36] {dino} rbn sm l .96
[11:40] {dino} stop is .63
[11:44] {Threei}  AUY 1:1
[11:44] {lisa_jay} out half...thanks Vad.
[11:44] {Onix} beautiful patience Vad
[11:45] {Threei}  wasn't hard really
[11:45] {Threei}  it never jeopardized the stop
[11:45] {Threei}  just slow, so what... what's my hurry
[11:46] {Onix} true
[11:54] {dino} rimm gap around 38.44 fwiw
[12:06] {ese} hello ...anyone there.....was disconnected
[12:06] {patience} hi ese
[12:06] {ese} hi patience tks
[12:06] {dino} plfe drop
[12:06] {Threei}  yeah, server hiccup
[12:07] {Threei}  today kind of redefines slow
[12:07] {patience} i like how slw is holding
[12:07] {patience} light volume though
[12:07] {Threei}  if magoo bought .69 QQQQ which he asked about 35 minutes ago, he would be whooping 5 cents
[12:08] {dino} rbn stopped -.33
[12:08] {ese} out JASO.... +.15 on 1400shs...... was taking eons to move
[12:08] {ese} 200 beans works for me
[12:08] {patience} no kidding
[12:08] {Threei}  wtg
[12:09] {Geo} server yawned too
[12:09] {ese} tks
[12:09] {Threei}  can you blame it Geo?
[12:09] {lisa_jay} Seesh....looks like my microwave is affecting the server too.
[12:10] {Geo} whatcha cooking lisa?
[12:10] {lisa_jay} Anyways, out AUY got 11c and 17c Thanks Vad.
[12:10] {Threei}  good job lisa
[12:10] {Onix} wtg lisa!
[12:10] {lisa_jay} Thanks Onix.
[12:11] {dptl} mur?
[12:12] {Threei}  you really feel like messing with such thin stock during so thin trading?
[12:12] {ese} Liiiiiiiisssssssssa   BAAAAAABY!!!!!!!!!!       wtg
[12:12] {lisa_jay} :-)
[12:12] {lisa_jay} Vad's call.
[12:13] {Threei}  MUR is walking recipe with unnecessary stop
[12:13] {ese} yep ....for alot of mine as well....
[12:13] {dptl} yeah....tru
[12:13] {dino} rbn tags stop classic nyse junk
[12:14] {dino} gj es, lj
[12:14] {lisa_jay} I hate NySE stocks now...used to trade them a lot before Vad...Always stopped out.
[12:15] {Threei}  well, SLW and AUY are not exactly NASDAQ :)
[12:16] {dino} lol
[12:16] {lisa_jay} You have expeirence in palcing stops..
[12:16] {lisa_jay} I didn't...don't...will i ever?
[12:16] {Threei}  come on...
[12:17] {Threei}  are there really many ways to place stop?
[12:18] {dino} imo only 2 ways
[12:18] {lisa_jay} Come and get me stops...or you can't catch me stops :-)
[12:20] {lisa_jay} Seriously, Vad's blog post on stops is really helpfull.  Using that as a blue print takes out lot of stress.
[12:21] {Geo} youre not using the 2nd sigma vol based chandler stops?
[12:21] {lisa_jay} lol
[12:21] {Geo} heheheh
[12:21] {Geo} but they are real you know
[12:22] {lisa_jay} Ok.
[12:22] {Geo}
06[12:22] * Geo doesnt use it or know anyone who does
[12:24] {KSystems} Chuck does, geo ;)
[12:24] {Geo} lol
[12:25] {KSystems} the formular looks a bit similar to the parabolic sar
[12:25] {Geo} yes
[12:25] {Geo} i looked at it long ago and decided its just easier hiding behinf supp and res
[12:25] {KSystems} chicken
[12:25] {Geo} no
[12:25] {KSystems} :P
[12:25] {Geo} lazy
[12:25] {Geo} vad would approve
[12:30] {Threei}  dp... see MUR?
[12:30] {ese} I knew that watching the markets in slow motion would come in handy one day......was just looking at one of our plants.....and i swear tha i saw it grow......hows that for skill transfer
[12:31] {ese} hmmmmm i really am bent ....arn't I......
[12:31] {dptl} ye.....i totaly lost lately......feels like don't understand enything
[12:32] {Geo} nope  just trying to work hard on a vacation day
[12:32] {Geo} hey chaeron... you took your kid to mtn high/big bear et?
[12:33] {Geo} he is gone !!! sniff
[12:33] {Threei}  henever recovered from server dump
[12:34] {Geo} slacker used it as an excuse !
[12:34] {Threei}  lol
[12:34] {Geo} for those of you not of these parts
[12:34] {Geo} we go there to sled/ski on artificail snow
[12:35] {Larisa1} in swimsuits ?
[12:35] {lisa_jay} nice...all our snow melted yesterday..60 degrees
[12:35] {Geo} hehehe but not a good sight no
[12:35] {lisa_jay} yup
[12:36] {Geo} took my 2.5 and 4.5 yr old for a trial run... looks like ill have to gear up as they had a lot of fun
[12:37] {dino} cool
[12:37] {Geo}
[12:37] {dino} my kids started at 5 and 7 geo, no fear
[12:38] {Geo} hmmm maybe i should chill heheheh
[12:40] {Larisa1} this looks scary, I wonder if these boys sliding on rails wear some kind of protection :)
[12:41] {Geo} skateboarding transferred to snow
[12:42] {dino} lol  larisa
[12:45] {Larisa1} Threei we know your secret : you ARE Santa, need to wake up and give us Santa rally.
[12:46] {Threei}  no I am not
[12:46] {Threei}  I am too sarcastic and mean
[12:46] {Threei}  my 'ho ho ho" sounds too much like gloating "ha ha ha"
[12:47] {Larisa1} can you at least pretend ?
[12:47] {Threei}  unsucessfully yes, I can
[12:47] {Threei}  but think of it... can you even begin to imagine Santa slapping people around him with various objects
[12:48] {Threei}  all of them large
[12:48] {Larisa1} why not, crazy World, crazy Santa
[12:48] {Threei}  ok... then you get crazy rally :)
[12:48] {Larisa1} lol
[12:57] {patience} vad, is your christmas tree too close to the server?
[12:57] {dptl} .
[12:57] {dino} hmm, booted again
[12:57] {Geo} man
[12:57] {Geo} vads server preventing me from making millions
[12:57] {dino} me too geo
[12:58] {Threei}  sigh
[12:58] {Threei}  lisa and her microwave
[13:01] {dino} gild sm l .30, forgot about it
[13:03] {dino} 12/12 dji lod 8347
[13:13] {lisa_jay} Yup...heated some pizza for kid.
[13:13] {Threei}  there you go
[13:14] {lisa_jay} u think it is affecting it?  Will have to stop using it during market hrs.
[13:14] {Geo} wood fired ovens are ok
[13:15] {lisa_jay} Thank God I still have one of those.
[13:19] {lisa_jay} .
[13:19] {dino} out afam .30, +.60
[13:19] {patience} wonderful Dino
[13:20] {lisa_jay} nice
[13:20] {dino} ty, all day it seemed
[13:25] {Onix} gj dino
[13:31] {dino} sold that about .70 early
[13:33] {lisa_jay} Vad, MRO?
[13:33] {Threei}  not sure lisa
[13:33] {Threei}  kind of 50/50
[13:34] {lisa_jay} Ok, thanks..
[13:35] {magoo} read Q vad??
[13:35] {Geo} lisa dcc pls
[13:37] {Threei}  none mags
[13:38] {Threei}  no rythm to get any real read
[13:42] {dino} idiot award to me today, afam goes another 1.20
[13:43] {magoo} cant catch  the top dino..u know this
[13:43] {lisa_jay} no Dino..i get the "Idiot prize"....let a 50c trade go against me.
[13:43] {magoo} scalp a scalp 
[13:43] {dino} putting it mildly
[13:44] {Threei}  you are kidding lisa
[13:44] {lisa_jay} Hanging head in Vad
[13:45] {lisa_jay} MICC.
[13:46] {dino} out ccc .47, +.47
[13:46] {dino} don't dwell on it lj
[13:46] {Onix} gj again
[13:47] {Threei}  I may let go sometimes relatively small profit
[13:47] {Threei}  10 - 12 cents, something like that
[13:47] {dino} thx, taking hours today
[13:47] {Threei}  if I feel strongly it has bigger chance,
[13:47] {dino} afam spikes w/o me
[13:48] {Threei}  don't really care about oreserving relatively small profit as I have nice day without it
[13:48] {Threei}  but 50 cents?
[13:48] {lisa_jay} Yup.
[13:48] {Threei}  no way in the world I'd let it evaporate
[13:48] {lisa_jay} very small could not partial out.
[13:50] {Threei}  50 cents is 50 cents
[13:50] {dino} rate sm l .80 partial fill
[13:53] {dino} lj, look at it this way, at least cov the commission cost
[13:53] {lisa_jay} Ok, thanks Dino.
[13:53] {dino} what size if i may ask?
[13:53] {lisa_jay} 100 shares.
[13:54] {Threei}  and your daily goal at this point is, if not a secret?
[13:54] {lisa_jay} :-)
[13:54] {dino} ok. fwiw i'm on only 300 for now, give you an idea
[13:55] {dino} .50 up, i lock in by hard stop $100 profit
[13:55] {dino} but i am stingy
[13:55] {lisa_jay} Book the profits....till i get to the daily goal.  Ok.
[13:56] {dino} it adds up, and think about it 5 $50 hits = i $250 hit
[13:56] {dino} green = green does not matter how you do it
[13:57] {lisa_jay} Yes.
[13:57] {Threei}  and they do add up very nicely
[13:59] {dino} ot: remeber rimm, gap around 38.44, look what happened
[13:59] {lisa_jay} Vad, OXY cup and handle?
[13:59] {lisa_jay} Thanks.
[14:04] {dptl} .
[14:05] {Geo} have a great day all.....
[14:05] {Geo} off to take kids to play
[14:05] {lisa_jay} Bye Geo.
[14:05] {patience} bye geo
[14:05] {Geo} bye
[14:05] {dino} rate stop is .48
[14:05] {Threei}  take care geo
[14:05] {lisa_jay} rate
[14:05] {Threei}  nah lisa
[14:05] {lisa_jay} sorrry wrong screen...:-)
[14:06] {Threei}  I meant OXY
[14:06] {lisa_jay} ok, thanks Vad.
[14:09] {dino} cya geo
[14:15] {lisa_jay} hes
[14:20] {patience} few weeks ago, i read 26% of days trades are now placed in last half hour for overnight hold and sell
[14:21] {patience} which i have copied, monkey see monkey do
[14:21] {patience} wonder if this trend keeps building
[14:22] {Threei}  I'd think, it's a great scalpable pattern
[14:22] {patience} i try to sell in first 20 minutes of morning trading
[14:22] {Threei}  remember dino's "3:40" rally?
[14:22] {Threei}  probably reflection of that stats
[14:22] {Larisa1} but how do you sleep at night, patience? :)
[14:23] {lisa_jay} Out Hes 20c.
[14:23] {patience} i think i am probably the most risk adverse in the room
[14:23] {Threei}  there you go lisa
[14:23] {Threei}  that's how it's done
[14:23] {patience} i watch and read too much i guess, but i keep scalping always
[14:23] {Threei}  got a nice prodfit, book it
[14:24] {Threei}  don't think "what if"
[14:24] {lisa_jay} Thanks Vad.
[14:24] {Threei}  not during these low volume days anyway
[14:24] {Threei}  we will get different market
[14:25] {patience} my goldcorp april options this morning, up $1.85 and also $1.50 on different lots
[14:25] {Threei}  when its here we will let them run
[14:25] {patience} vad and i had a discussion about them, him asking why i don't hold them
[14:25] {patience} me: can't take the risk, want the money now
[14:25] {lisa_jay} I top ticked it...dropped right away.
[14:25] {Threei}  :)
[14:25] {dino} rate stopped -.33
[14:26] {lisa_jay} Patience how many strike prices away and exp months do you buy the options?  Thanks.
[14:26] {ese} yup .... I like that strategy......want the money now.....
[14:26] {patience} i prefer to be 6 months out
[14:26] {patience} and i'm usually close to being in the money
[14:26] {patience} i'm just looking for the pops and scalping in a trending market
[14:26] {Larisa1} risk tolerance is very different for different people. And it is all mental game. have to trade and try to be calm too. so your life is not a nightmare. 
[14:26] {patience} which is why i ambulance chase sectors
[14:27] {lisa_jay} Now i can't watch hes.
[14:28] {lisa_jay} R u mostly buying calls Patience.
[14:28] {patience} 95% of the time
[14:29] {patience} i've lost my edge on shorting, just can't stomach the risk
[14:31] {lisa_jay} Thanks Patience.  You seem to be using the leverage of Options really well.
[14:32] {patience} lisa, i don't know how to do options, one day i will take a course.  i am just scalping.
[14:33] {lisa_jay} A guy i know does spread trading with options
[14:34] {lisa_jay} held through the big drops in the market.
[14:34] {dino} [14:26] {patience} me: can't take the risk, want the money now
[14:34] {lisa_jay} I should print that on my eyelids.
[14:34] {dino} same patience, whenever i hold i get destroyed
[14:35] {dino} i am on ATM mode for time being
[14:35] {patience} another thing i had to learn, to trade according to my lifestyle.  too many interruptions in my day to watch the screen all the time
[14:36] {lisa_jay} hence in and out quick?
[14:36] {lisa_jay} quick scalps.
[14:36] {patience} yes, and i can always re-enter the stock if setup comes again in the day
[14:37] {lisa_jay} will keep that in mind.
[14:37] {dino} for me, lots of thought and review over last 5 days....bottom line, underperforming, too many trades, back to bread and butter w/more sitting
[14:38] {ese} speakin of off to the chiropractor....see you all tomorow.
[14:38] {dino} cya es
[14:38] {ese} take care dino
[14:38] {lisa_jay} Hope everything is ok Ese?
[14:39] {dino} see rate take my stop to form new lod then bounce
[14:41] {Threei}  take care ese
[14:42] {dino} shen fast fall
[14:43] {dino} gappy one
[14:47] {Threei}  {MSFT}
[14:47] {Threei}  gosh
[14:47] {Threei}  who is that guest
[14:48] {dino} better than yhoo
[14:49] {Threei}  no kidding
[14:50] {Threei}  that idea was whacked from the get-go, IMO
[14:50] {Threei}  I believe MSFT should be happy with how it turned out
[14:50] {dino} shen random
[14:51] {dino} they will probably get yhoo anyway, under 5
[14:56] {lisa_jay} dvn missed
[15:07] {dptl} .
[15:07] {magoo} Xoplosion up
[15:08] {lisa_jay} yup
[15:09] {patience} missed silver wheaton pop up 25 cents, friggin snow is blowing in with a windstorm
[15:10] {dptl} is it snow again there?
[15:10] {Larisa1} please send some snow to me, i want new year with a snow
[15:10] {Threei}  nothing here
[15:10] {Threei}  blue sky and sun
[15:10] {patience} oh great, the fluffy stuff now....and i'm trapped with christmas baking next to me
[15:10] {dptl} wheeu :)
[15:10] {patience} it's blowing north vad, it's only a few minutes away
[15:11] {Threei}  ok... waiting
[15:12] {dino} sm l shen .96 risky
[15:16] {patience} i sure missed some nice trades on potash, agrium and energy plays.  tsx up 261
[15:17] {Threei}  PAL
[15:17] {Threei}  interesting daily
[15:18] {Threei}  if stays here today and breaks 2 tomorrow, I would be interested
[15:19] {patience} good volume today
[15:19] {patience} nice and cheap  :)
[15:29] {dino} gild stop to .63
[15:30] {dino} out +.33
[15:30] {KSystems} beauty
[15:30] {KSystems} congrats :)
[15:30] {Threei}  :)
[15:30] {dino} ty
[15:31] {dptl} oh...finaly we have rain here...kinda miss it :)
[15:31] {KSystems} I have to get up early tomorrow....
[15:31] {KSystems} I'm out
[15:31] {KSystems} good night everybody!
[15:31] {Threei}  take care ks
[15:31] {lisa_jay} Bye Ks.
[15:32] {Threei}  (let's move Europe to NY time, will make things easier for ya)
[15:32] {KSystems} yes, or let me move to NY
[15:32] {KSystems} wouldnt say no
[15:33] {dino} giddy-up 3:40 area
[15:33] {patience} volume pop on goldcorp
[15:34] {dino} and unlucky me, wife is shopping
[15:34] {Threei}  SLW may be worth considering as overnight hold
[15:34] {dino} must be buying gold
[15:34] {lisa_jay} R u taking a position in SLW Vad?  Thanks.
[15:34] {Threei}  thinking still
[15:37] {dptl} have a good evening all :)
[15:37] {Threei}  take care dp
[15:37] {lisa_jay} bye dp
[15:38] {Threei}  OK... half lot at .42
[15:38] {dino} cya dp
[15:38] {Threei}  either add half lot if goes lower before end of day or holding this half if ends here or higher
[15:39] {dino} gutsy move maverick
[15:39] {dino} :)
[15:40] {lisa_jay} Stop for this trade Vad?
[15:40] {dino} on the dot, 3:40
[15:40] {Threei}  no kidding
[15:40] {patience} ditto to vad's comment
[15:40] {dino} to -25isk imo
[15:40] {Threei}  there is no stop for this half lot lisa
[15:40] {patience} looked like they ran stops and then buy program
[15:41] {Threei}  lower closing is for grabbing second half
[15:41] {lisa_jay} holding this overnight or partialling out?  Thanks.
[15:41] {Threei}  stop for full lot will be tomorrow's consideration
[15:42] {Threei}  if I remain with half lot, holding
[15:42] {Threei}  if get full, may partial out IF it moves up after hours
[15:48] {dino} nwpx hod
[15:58] {Threei}  Ok guys, thank you all
[15:58] {Threei}  slow but profitable day
[15:58] {lisa_jay} Thanks Vad.
[15:58] {Threei}  have a good evening, see you tomorrow
[15:58] {Larisa1} bye :)
[15:58] {lisa_jay} Thanks Dino and Patience.
[15:58] {patience} :)    
[15:59] {patience} you got wind and snow yet Vad?
[15:59] {Threei}  nope
[15:59] {patience} blue skies and sun here now
[15:59] {dino} out shen .05, 
[15:59] {dino} +.09
[15:59] {Threei}  see? I sent my nice weather to you
[15:59] {Threei}  despite your attempts to send that storm to me
[15:59] {Threei}  me kind
[16:00] {Threei}  almost as adorable as chaeron
[16:00] {dino} np lj
[16:00] {dino} thx all, ditto what vad said

Friday, December 26, 2008

Dec 26 2008

We made it a short session, too low volume. Nonetheless, PLD and USO trades made for a nice profitable day.
Session Time: Fri Dec 26 00:00:00 2008

[08:07] {Onix} Good morning 3i, jmb & tomg
[08:07] {Threei}  Good morning
[08:08] {Onix} You could not sleep either hey?
[08:08] {Threei}  age... :)
[08:09] {Onix} ya
[08:13] {Onix} Vad, could your daughter make it home yet? 
[08:14] {Threei}  thankfully yes
[08:14] {Threei}  with flight delays, but that's minot inconvinience these days
[08:14] {Threei}  minor
[08:14] {Onix} thats great ... you had a good xmas then?
[08:15] {Threei}  fantastic
[08:15] {Onix} yes, there is nothing like having the children home for Xmas
[08:17] {Threei}  and feeding them to the point of fainting
[08:17] {Onix} no, that is not so good of you! 
[08:17] {Threei}  no, but who is to stop me?
[08:18] {Onix} true, they can go back on their diets when they go home again
[08:19] {Threei}  eqzaktly
[08:20] {Threei}  AMZN
[08:20] {Threei}  REPORTS 2008 HOLIDAY SEASON
[08:20] {Threei}  - Says 6.3M items ordered worldwide on its peak day of Dec. 15, notes it is the best holiday season ever for the compay
[08:21] {Larisa1} good morning :)
[08:21] {Threei}  Larisa :)
[08:21] {Larisa1} hi threei :)
[08:22] {Onix} hi there Larisa
[08:23] {Larisa1} onix :)
[08:24] {_elepet} good morning.
[08:24] {Threei}  elepet :)
[08:38] {Onix} hi lelepet
[08:58] {gen} gm Room
[08:58] {lisa_jay} Good Morning 
[08:58] {Threei}  gen, lisa :)
[08:59] {gen} Vad :)
[08:59] {gen} lisa:)
[09:06] {patience} happy boxing day RT
[09:06] {Threei}  patience :)
[09:07] {dawg} gm all
[09:08] {Threei}  dawg :)
[09:09] {dino} gm all
[09:09] {Threei}  dino :)
[09:10] {dino} :)
[09:12] {Threei}  keeping an eye on AMZN, PLD
[09:13] {Onix} hi gen, lisa, patience, dawg & dino
[09:13] {gen} Onix:)
[09:13] {lisa_jay} Hi Onix.
[09:14] {wishbone} good moring all
[09:14] {Threei}  wish :)
[09:15] {tomg} gm all
[09:15] {Threei}  tom :)
[09:18] {Onix} hi wishbone, tom
[09:18] {tomg} hi Onix
[09:20] {wishbone} hi onix
[09:21] {magoo} morning and hope everyone had nice holiday
[09:22] {Threei}  magoo :)
[09:25] {Onix} hi magoo, yes ty
[09:25] {Threei}  12/24/08 07:29pm
[09:25] {Threei}  [GM] General Motors Corp GMAC unit approved by Fed as bank holding co; Utah Dept of Financial institutions also approves GMAC Bank as a State bank
[09:25] {Threei}  -The Federal Reserve stated it stepped in ahead of Friday's GMAC debt for equity exchange deadline, citing "emergency conditions" are needed to speed GMAC's approval and ensure good participation Friday.
[09:25] {Threei}  -Vote was 4-1. Ms. Duke the head of the American Bankers Association was the sole dissenter.
[09:25] {Threei}  -As a condition of the sale the Fed requires GM to reduce its stake in GMAC from 49% to 10%. The other majority owner, PE firm Cerberus, will also be required to reduce its stake in GMAC to a range of 15-33% from 51% currently.
[09:27] {Onix} the plot thickens
[09:30] {Threei}  AMZN
[09:31] {Threei}  half lot long closer to 53
[09:31] {Threei}  never mind
[09:31] {Threei}  lol
[09:35] {Threei}  .55 long if holding .40
[09:35] {magoo} watching PLD
[09:36] {magoo} missed it
[09:39] {lisa_jay} GRMN Vad?
[09:40] {Threei}  not sure, too low volume
[09:41] {lisa_jay} Ok, thanks.
[09:42] {Threei} Long Setup:  RIMM  half lot 41 break if stays above 40.80
[09:43] {dino} vol. low on everything
[09:43] {Threei}  only natural for such day
[09:43] {Threei}  PLD
[09:44] {Threei}  either pullback into 13 area for long
[09:44] {Threei}  or .60 break
[09:44] {Threei}  stop under .40
[09:44] {Threei}  break is much riskier
[09:46] {Threei}  half out .75
[09:47] {Threei}  offer 1/4 more .above .90
[09:48] {Threei}  stop trailed to under .50
[09:48] {magoo} took 87
[09:48] {magoo} TY vad
[09:48] {Threei}  welcome
[09:49] {tomg} ty vad
[09:49] {Threei}  :)
[09:50] {dino} cb l hl .74
[09:51] {Threei}  stop to .55
[09:52] {dino} cb stop to .98
[09:54] {Threei}  double top at .90... really needs to break it this time or it's done for the time beeing
[09:54] {dino} out cb +.24
[09:55] {Threei}  out PLD balance
[09:56] {Threei}  stkl
[09:56] {Threei}  never mind, wrong window
[10:01] {Threei}  going over 14, PLD... hard to nail entry though
[10:01] {dino} afam sm l .35, stop .98
[10:02] {dino} thin, gappy
[10:03] {Threei} Long Setup:  PLD  .25 half lot
[10:03] {Threei}  stop under 14
[10:03] {Threei}  PLD goes significantly higher, IMO
[10:04] {Threei}  just too volatile
[10:04] {dino} air pocket afam tighten to .04
[10:06] {Threei}  half out .45 PLD
[10:06] {Threei}  stop to under .20
[10:07] {Threei}  offering balance at .75
[10:07] {magoo} waiting 67
[10:07] {Threei}  not looking
[10:07] {Threei}  just waiting for machine-gun sound of order filled
[10:08] {Threei}  on either side
[10:10] {Threei}  Ok
[10:10] {dino} afam stopped
[10:10] {Threei}  waiting for deeper pullback
[10:10] {Onix} hig?
[10:11] {Threei}  HIG, if market starts moving I'd try .80 break
[10:11] {Threei}  stop under .70 for scalpers
[10:11] {Onix} ty
[10:11] {lisa_jay} amzn
[10:12] {Threei}  HIG looks strong enough to try but it does need market help
[10:12] {Onix} ty
[10:22] {Threei}  whether you partialed or not when it hit 1;1, stop is now under .80
[10:24] {Onix} out .89 ty
[10:25] {Threei}  :)
[10:26] {Onix} RMBS?
[10:27] {Threei}  no read on this one
[10:27] {Onix} ty
[10:27] {magoo} whats your read PLD here vad?
[10:28] {Threei}  14 break with stop under .80
[10:28] {Threei}  half lot
[10:28] {magoo} ty
[10:29] {Threei}  it has look of "surprise is coming"... just low volume day with few players that can cause fizzle-out instead of real run
[10:29] {Threei}  if loses .80 wait for bounce entry near .50
[10:29] {magoo} yeah..but traders were on it wed and they know
[10:32] {Threei}  anyone caught this dip to .53?
[10:32] {magoo} i got 67
[10:33] {Threei}  a bit high...
[10:33] {magoo} yeah
[10:34] {Threei}  try to exit half at least around .80
[10:41] {Onix} fortunately i missed it
[10:43] {lisa_jay} lol
[10:45] {Threei}  it gave a scalp with entry close to .50
[10:45] {Threei}  missed near 13 though
[10:46] {dino} sds sm l .50
[10:48] {Threei}  watching for double bottom off 13
[10:49] {Threei}  nope
[10:51] {Threei}  12.50 next
[10:57] {dino} out sds .44 -.06
[10:57] {magoo} keep reading it vad
[10:57] {magoo} feels like 15 today
[11:02] {tomg} ty amzn, pld Vad, have a good weekend everyone
[11:03] {Threei}  take care tom, have a good one
[11:03] {patience} bye tom
[11:03] {magoo} u too tom:)
[11:03] {dino} cya tom
[11:09] {Threei} Long Setup:  USO  half lot 28 break if stays above 27.90
[11:10] {magoo} scalp or move?
[11:10] {Threei}  no idea, lol
[11:12] {dino} mant spike
[11:13] {Onix} in
[11:14] {lisa_jay} in
[11:17] {magoo} read AMZN here vad?
[11:18] {Threei}  .30 long
[11:18] {Threei}  USO 1:1... half or scalp
[11:18] {Onix} half out .14
[11:19] {Threei}  under .15 AMZN invalidated
[11:19] {Threei}  or stopped
[11:20] {Threei}  nice exit onix, top-ticked it
[11:20] {Onix} ty
[11:21] {Threei}  lisa?
[11:21] {lisa_jay} still in vad
[11:21] {Threei}  not even part?
[11:22] {lisa_jay} nope..missed it :-(
[11:22] {lisa_jay} moved stop to .99 though.
[11:23] {Threei}  yes
[11:23] {Threei}  it spent almost 2 min over 1:1... wake up :)
[11:23] {lisa_jay} trout me...:-)
06[11:24] * dino slaps lisa_jay around a bit with a large trout
[11:24] {Threei}  nope... Christmas spirit... can't
[11:24] {Onix} i was lucky for i put my seel in before the time for .14
[11:24] {Threei}  here it is again
06[11:25] * magoo slaps lisa_jay around a bit with a large exit strategy
[11:25] {lisa_jay} Thanks out now.  Got 11c out of the trade.
[11:25] {Threei}  lisa... miss second chance and I wuill forget the Christmas spirit!
[11:25] {Threei}  oh, OK :)
[11:25] {dino} sm s mant .11
[11:26] {Threei}  ok AMZN, it's time
[11:26] {lisa_jay} Missed the nice PLD trades in the morning...took an AMZN trade for .2 and let it ride to breakeven.  I really need to wake up.
[11:26] {Threei}  1:2 USO
[11:27] {gen} bye guys I am done for today :) 
[11:27] {Onix} 1/4 out more o .17 ty
[11:27] {gen} Merry Christmas
[11:27] {dino} later gen
[11:27] {Threei}  take care gen
[11:27] {Onix} see ya gen
[11:28] {dino} gmcr jumpy
[11:28] {Threei}  no worky AMZN
[11:29] {Threei}  USO over 1:3
[11:29] {Threei}  1:4, all out
[11:31] {Onix} wtg
[11:35] {dino} sso l .54
[11:36] {Onix} last 100 out .59, ty Vad
[11:36] {Threei}  beauty
[11:38] {dino} gj
[11:39] {Onix} ty
[11:40] {lisa_jay} nice trade guys.
[11:53] {magoo} AMZN
[11:56] {magoo} PLD gets ready imo
[12:03] {Threei}  feels so... closest support is .15
[12:03] {magoo} in just now .21
[12:03] {Threei}  market is trying to help
[12:03] {magoo} im thinking 14  and then more
[12:04] {magoo} with heavy breathing
[12:04] {lisa_jay} Any trade call on PLD Vad?
[12:04] {Threei}  if .33 offer is taken, should spike to over .40
[12:04] {dino} rimm sm l .65
[12:05] {Threei}  actually offer moved to .29 and got eaten
[12:05] {magoo} yeah..i loked 33 saw nuttin
[12:06] {Threei}  here we go
[12:07] {magoo} id like toi see 60 area
[12:07] {Threei}  over .40
[12:08] {magoo} waiting .61 
[12:08] {Threei}  taking .50 is next hurdle
[12:08] {magoo} can change mind on a dime
[12:12] {magoo} hope it doesnt rinse me first
[12:27] {Threei}  lost drive
[12:27] {Threei}  and will to live
[12:50] {dino} sso stopped -.10
[12:51] {laserdave1} hey everyone
[12:51] {laserdave1} hope you all had a nice Christmas
[12:52] {laserdave1} and Santy was good to you
[12:52] {magoo} same to u dave
[12:53] {dino}  ty dave, back at you
[12:53] {laserdave1} hopefully santa will give us a good year!!
[12:53] {laserdave1} thanks guys
[12:54] {dino} ouch afam
[12:57] {Threei}  hey dave
[12:58] {laserdave1} howdy
[12:59] {Onix} hello dave
[12:59] {laserdave1} hello
[13:01] {Threei}  GM
[13:01] {Threei}  - note: the debt exchanged deadline is today at 5pmET
[13:02] {Threei}  everything is so dead
[13:02] {Threei}  NQ range for the day is 10 points
[13:02] {Threei}  when was last time was this?
[13:02] {Threei}  2006?
[13:02] {Threei}  lol
[13:03] {Threei}  volume is at part with Wed, and Wed was half day
[13:03] {Threei}  at par
[13:03] {Threei}  how about we just end it and have a great weekend?
[13:04] {Threei}  we are up for the day, what's the need to seek adventures
[13:05] {Threei}  anyone has opinion about that? or you all are asleep anyway?
[13:06] {Threei}  I'll take it as an answer
[13:07] {Threei}  thank you all
[13:07] {Threei}  have a great weekend, see you all on Monday
[13:09] {magoo} bye vad
[13:10] {laserdave1} c ya Vadster
[13:10] {Onix} thanks a million Vad, i will also go and enoy the weekend
[13:12] {dawg} bye Vad
[13:12] {lisa_jay} Bye Vad.   Thanks.
[13:12] {_elepet} has everybody left?
[13:14] {magoo} im here
[13:16] {Onix} i am here
[13:20] {_elepet} That's good.  I just wanted to say good bye for awhile.  I'm off to Mexico soon, and if the internet connection there works, I'll be seeing you around the 16th of Jan.  I haven't participated much but have been watching and hopefully learning from all of you and from my thanks.
[13:20] {magoo} good luck too u
[13:25] {dino} .
[13:26] {dino} have fun elepet
[13:30] {Onix} have a good time elepet, bye
[13:30] {dino} afam l sm .90 break
[13:31] {magoo} PLD
[13:44] {_elepet} i haven't left yet. what about PLD?
[13:47] {Onix} looks a little tired to me :)
[13:47] {magoo} watching it
[13:49] {magoo} its risky but i think its not done
[13:51] {Onix} OI  is moving nicely
[14:03] {_elepet} possible entry for PLD?
[14:04] {magoo} needs mkt help
[14:04] {magoo} but if mkt would get going
[14:05] {magoo} close too 13 is good long..78 stop
[14:08] {_elepet} i got in at 13.05. wondering when to get out.
[14:09] {magoo} first exit .40...then .60
[14:09] {_elepet} i have trouble with getting out.
[14:09] {magoo} .77 stop
[14:11] {magoo} partial here
[14:14] {magoo} el??
[14:15] {_elepet} i don't have enough shares to partial. market seems to be heading up so i'm holding.
[14:15] {magoo} ok
[14:15] {magoo} stop would be flat now
[14:31] {magoo} 14 is in the cards imo
[14:31] {_elepet} still in
[14:31] {magoo} yes
[14:31] {magoo} i patialed at .31
[14:34] {_elepet} 14 would be nice. I had figured .45 but past there now
[14:35] {patience} toronto is closed today, Goldcorp is up $1.78 on the US side.   Nice slow trade.
02[14:45] * Disconnected
02[14:45] * Attempting to rejoin channel #discussions
03[14:46] * Rejoined channel #discussions
05[14:46] -Threei- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: before proceeding.
[14:46] {Threei}  USO over 1:3
[14:46] {Threei}  1:4, all out
[14:46] {Onix} wtg
[14:46] {dino} sso l .54
[14:46] {Onix} last 100 out .59, ty Vad
[14:46] {Threei}  beauty
[14:46] {dino} gj
[14:46] {Onix} ty
[14:46] {lisa_jay} nice trade guys.
[14:46] {magoo} AMZN
[14:46] {magoo} PLD gets ready imo
[14:46] {Threei}  feels so... closest support is .15
[14:46] {magoo} in just now .21
[14:46] {Threei}  market is trying to help
[14:46] {magoo} im thinking 14  and then more
[14:46] {magoo} with heavy breathing
[14:46] {lisa_jay} Any trade call on PLD Vad?
[14:46] {Threei}  if .33 offer is taken, should spike to over .40
[14:46] {dino} rimm sm l .65
[14:46] {Threei}  actually offer moved to .29 and got eaten
[14:46] {magoo} yeah..i loked 33 saw nuttin
[14:46] {Threei}  here we go
[14:46] {magoo} id like toi see 60 area
[14:46] {Threei}  over .40
[14:46] {magoo} waiting .61 
[14:46] {Threei}  taking .50 is next hurdle
[14:46] {magoo} can change mind on a dime
[14:46] {magoo} hope it doesnt rinse me first
[14:46] {Threei}  lost drive
[14:46] {Threei}  and will to live
[14:46] {dino} sso stopped -.10
[14:46] {laserdave1} hey everyone
[14:46] {laserdave1} hope you all had a nice Christmas
[14:46] {laserdave1} and Santy was good to you
[14:46] {magoo} same to u dave
[14:46] {dino}  ty dave, back at you
[14:46] {laserdave1} hopefully santa will give us a good year!!
[14:46] {laserdave1} thanks guys
[14:46] {dino} ouch afam
[14:46] {Threei}  hey dave
[14:46] {laserdave1} howdy
[14:46] {Onix} hello dave
[14:46] {laserdave1} hello
[14:46] {Threei}  GM
[14:46] {Threei}  - note: the debt exchanged deadline is today at 5pmET
[14:46] {Threei}  everything is so dead
[14:46] {Threei}  NQ range for the day is 10 points
[14:46] {Threei}  when was last time was this?
[14:46] {Threei}  2006?
[14:46] {Threei}  lol
[14:46] {Threei}  volume is at part with Wed, and Wed was half day
[14:46] {Threei}  at par
[14:46] {Threei}  how about we just end it and have a great weekend?
[14:46] {Threei}  we are up for the day, what's the need to seek adventures
[14:46] {Threei}  anyone has opinion about that? or you all are asleep anyway?
[14:46] {Threei}  I'll take it as an answer
[14:46] {Threei}  thank you all
[14:46] {Threei}  have a great weekend, see you all on Monday
[14:46] {magoo} bye vad
[14:46] {laserdave1} c ya Vadster
[14:46] {Onix} thanks a million Vad, i will also go and enoy the weekend
[14:46] {dawg} bye Vad
[14:46] {lisa_jay} Bye Vad.   Thanks.
[14:46] {_elepet} has everybody left?
[14:46] {magoo} im here
[14:46] {Onix} i am here
[14:46] {_elepet} That's good.  I just wanted to say good bye for awhile.  I'm off to Mexico soon, and if the internet connection there works, I'll be seeing you around the 16th of Jan.  I haven't participated much but have been watching and hopefully learning from all of you and from my thanks.
[14:46] {magoo} good luck too u
[14:46] {dino} .
[14:46] {dino} have fun elepet
[14:46] {Onix} have a good time elepet, bye
[14:46] {dino} afam l sm .90 break
[14:46] {magoo} PLD
[14:46] {_elepet} i haven't left yet. what about PLD?
[14:46] {Onix} looks a little tired to me :)
[14:46] {magoo} watching it
[14:46] {magoo} its risky but i think its not done
[14:46] {Onix} OI  is moving nicely
[14:46] {_elepet} possible entry for PLD?
[14:46] {magoo} needs mkt help
[14:46] {magoo} but if mkt would get going
[14:46] {magoo} close too 13 is good long..78 stop
[14:46] {_elepet} i got in at 13.05. wondering when to get out.
[14:46] {magoo} first exit .40...then .60
[14:46] {_elepet} i have trouble with getting out.
[14:46] {magoo} .77 stop
[14:46] {magoo} partial here
[14:46] {magoo} el??
[14:46] {_elepet} i don't have enough shares to partial. market seems to be heading up so i'm holding.
[14:46] {magoo} ok
[14:46] {magoo} stop would be flat now
[14:46] {magoo} 14 is in the cards imo
[14:46] {_elepet} still in
[14:46] {magoo} yes
[14:46] {magoo} i patialed at .31
[14:46] {_elepet} 14 would be nice. I had figured .45 but past there now
[14:46] {patience} toronto is closed today, Goldcorp is up $1.78 on the US side.   Nice slow trade.
[14:46] {magoo} was bumped out
[14:46] {magoo} thats .65 cents on my PLD call
[14:46] {magoo} lets see if vad reads thru this scroll.....SLACKER VAD HE HE
[14:51] {magoo} watching AMZN here
[14:52] {_elepet} i'm still in. but getting antsy. up about .50
[14:53] {magoo} u should be offering out
[14:53] {magoo} iots a hard breather
[14:54] {magoo} take .70 and reload
[15:41] {dino} hum-dee-dum
[15:41] {Onix} .
[15:59] {dino}  out rimm .80, +.15
[15:59] {dino} out afam .95, +.05
[16:02] {_elepet} out pld +.50
[16:03] {_elepet} Thanks and so long for now.
[16:03] {magoo} good nite
[16:03] {dawg} thanks all
[16:04] {dino} thx all, take care
[16:04] {dino} taking this week off next year, volume not worth it
[16:05] {magoo} agrree