Beautiful day. Not without couple stops but a lot of trades worked like charm. Got the rally timing just right although somewhat underestimated its strength. Identified the hottest item for the day early too - HIG did wonders. Little educational exchange on the last 15 minutes of the day, to polish thing off.
Session Time: Fri Dec 05 00:00:00 2008
[08:30] {Geo} gm
[08:39] {Threei} was that Good Morning, or General Motors?
[08:41] {Geo} sigh... good morning
[08:42] {Threei} ok... good morning then :)
[08:42] {Threei} oil... how low can you go?
[08:43] {Threei} NOV UNEMPLOYMENT RATE: 6.7% V 6.8%E
[08:43] {Threei} NOV CHANGE IN NONFARM PAYROLLS: -533K V -335KE; CHANGE IN MANUFACTURING PAYROLLS: -85K V -100KE
[08:43] {Threei} - Prior Oct Nonfarm revised Lower from -240K to -320K
[08:43] {Threei} - Prior Oct Manufacturing revised from -90K to -104K
[08:43] {Threei} - US Nonfarm Payroll decline is the highest since Dec 1974
[08:43] {Threei} NOV AVERAGE HOURLY EARNINGS M/M: 0.4% V 0.2%E; AVERAGE WEEKLY HOURS: 33.5 V 33.6E
[08:43] {Threei} - Prior Average Hourly Earnings MoM revised from 0.2% to 0.3%
[08:49] {Threei} PIMCO'S EL ERIAN: DECLINE IN NOV PAYROLLS INDICATES POTENTIAL NEGATIVE US GDP OF 4-5% IN Q4
[08:52] {wishbone} gm all
[08:52] {Threei} wishbone :)
[08:56] {Threei} 08:30am [HIG] Raises FY08 EPS guidance to $4.70-4.90 v $4.36e
[09:00] {KSystems} Good morning!
[09:00] {patience} good morning guys :)
[09:01] {Threei} ks, patience :)
[09:01] {wishbone} vad..yesterday when scalping uaua u told geo to give couple cents above market for entry (stop limit)...
[09:01] {Threei} yes sir
[09:02] {wishbone} i don't understand how to enter that?
[09:02] {Threei} let's say market is 10 x 10.01
[09:02] {Threei} you decide to enter here,
[09:03] {Threei} you click on 10.03 on level2
[09:03] {Threei} and click limt buy
[09:03] {Threei} this way you give it couple cents leeway
[09:03] {Threei} so you don't miss it altogehter if it starts ticking as you click
[09:04] {Threei} but you are protected from too high entry which may come if you use market
[09:04] {Threei} and stock upticks sharply
[09:05] {wishbone} ok...thought u were talking about specific setting in laser ...ty vad
[09:05] {Threei} :)
[09:05] {Threei} I am not sure if you can set this with hotkeys
[09:05] {Threei} those who use them may be able to help
[09:06] {Geo} yes you can
[09:07] {Geo} you just use your hot key for bid..... use right arrow for lets say 4 ticks above and hit enter
[09:07] {wishbone} ty geo
[09:08] {Geo} thats how i use it.... try it on Qs on 100 shares before going to UAUA :)
[09:09] {dptl} good morning all
[09:10] {Threei} dp :)
[09:10] {Threei} HIG is likely to be a hot item today
[09:11] {peterg} morning akk
[09:11] {peterg} all
[09:11] {Threei} peter :)
[09:12] {peterg} have set up new slap w thks to geo
[09:12] {Threei} welcome to 21st century of advanced slapping!
06[09:12] * Geo slaps peterg around a bit with a large blackberry box
06[09:13] * peterg slaps Geo around a bit with a large turquoise 57 chevey nova
[09:13] {Onix} Good morning all
[09:13] {Threei} onix :)
[09:14] {dino} gm all
[09:15] {Threei} dino :)
[09:18] {Onix} hi dino
[09:20] {magoo} morn
[09:20] {Threei} magoo :)
[09:20] {Onix} hi magoo
[09:26] {ese} another fine day in trading land.....
[09:26] {Threei} ese :)
[09:26] {ese} morning vad
[09:29] {ese} advanced slapping........cool........
[09:29] {peterg} customized slaps
[09:30] {ese} to meet everyones needs.......also cool
[09:30] {lisa_jay} Good morning everyone.
[09:30] {Threei} lisa :)
[09:30] {ese} lisa
[09:32] {ese} welllll.......slap this market around a bit will ya vad.....
[09:32] {Onix} hi lisa
[09:33] {lisa_jay} Hi Onix, Ese, Vad.
[09:33] {Threei} wow... that was fast on HIG
[09:33] {magoo} i caugfht it .40 to .80p
[09:37] {Threei} DRYS
[09:38] {Threei} sheesh
[09:38] {Threei} pure teleportation
[09:38] {ese} second day in a row that DRYS has kida done this
[09:39] {Threei} HIG seems to be aiming for 11
[09:39] {Threei} voaltile as hell
[09:40] {magoo} mktts trying to go green
[09:41] {Threei} Long Setup: HIS .50 half lot if stays above .30
[09:41] {Threei} HIG
[09:41] {ese} would agree mags......doesn't sem to take much to set them off
[09:42] {Geo} wo
[09:42] {Geo} in 54 out 73
[09:42] {Geo} TY vad
[09:42] {Threei} half out .72
[09:43] {magoo} waiting .94
[09:43] {peterg} out .82 +42 ty vad
[09:43] {Threei} welcome guys
[09:43] {Threei} took it aggressively peter?
[09:44] {peterg} yep
[09:44] {peterg} sometimes stupidity works for me
[09:44] {peterg} sometimes it doesnt
[09:44] {Threei} I don't see it as stupidity
[09:44] {Threei} it's personal preference
[09:45] {peterg} sometimes its that too
[09:45] {Threei} with this kind of entries you'll have more stops but they'll be tighter
[09:45] {Threei} and wins will be bigger
[09:46] {Threei} watching for possible re-entry
[09:47] {Threei} DRYS pulled back
[09:48] {Threei} if market jumps up, it will be a play again if gives a delay for entry
[09:48] {ese} come on Cramer.....call a fourth bottom....2 days in a row.......whats wrong with ya man!!!!
[09:49] {Threei} look how strong UAUA is
[09:56] {magoo} read on HIG vad?
[09:56] {Threei} not sure
[09:56] {Threei} UAUA is again near 11, yest resistance
[09:57] {peterg} yest?
[09:57] {peterg} surely you yest
[09:57] {Threei} yesterday
[09:57] {peterg} ok
[09:57] {Geo} NQ broke yes low
[09:58] {peterg} yes wa thrsdy
06[09:58] * Threei slaps peterg around a bit with a large mayan calendar
[09:58] {peterg} rofl
06[09:59] * peterg slaps Geo around a bit with a large tomb of tutankanem
[09:59] {Threei} UAUA forms standard JBE
[09:59] {Geo} ahhha
[09:59] {lisa_jay} Vad, for Q's if you are trading 500 - 1000 shares do you need to use reserve orders? Thanks.
[09:59] {Threei} .85 - 11
[10:00] {Geo} peterg it is tutankhamun
[10:00] {lisa_jay} Sorry, answer me later after trade then.
[10:00] {peterg} thks, wasnt sure
06[10:00] * Geo feels smart for a change
[10:00] {Threei} it's just that UAUA is not a standard stock
[10:00] {peterg} you da man
[10:00] {Threei} no lisa
[10:00] {Threei} on Qs it doesn't matter
[10:01] {lisa_jay} Ok, thanks.
[10:01] {Threei} not a thin stock where your large position could scare someone
[10:07] {Threei} WHITE HOUSE ADVISOR HENNESSEY: ECONOMY FACES 'SIGNIFICANT DOWNSIDE RISKS', GOVT HAS STABILIZED CREDIT MARKETS - TV INTERVIEW
[10:07] {Threei} so... credit is unfrozen?
[10:08] {ese} another positive comment.........nice
[10:09] {peterg} no, credit is stabilized--prev. frozen, now stable and frozen
[10:09] {Threei} oh
[10:09] {Threei} got it
[10:09] {Threei} all this newspeak
[10:09] {peterg} teller at bank asked if a banker could call me to offer me a home equity line
[10:09] {peterg} I declined
[10:10] {ese} aaahhhhhhhh.......tks for clearing that up peter
[10:11] {peterg} well, there's some credit out there
[10:11] {peterg} but not 34 EZ billions
[10:13] {Threei} GM is dropping as if no money is coming their way
[10:13] {Geo} thats funny as this job number pretty much guarentees their bailout
[10:15] {ese} how do you mean geo
[10:15] {Threei} too big to fail
[10:15] {Geo} the congress wouldnt want more job losses
[10:19] {Threei} DRYS held .30 through the market slide
[10:20] {dino} lod
[10:25] {magoo} any reads UAUA vad?
[10:26] {Threei} need market to stabilize
[10:26] {Threei} it wants up
[10:26] {Threei} just has to have support
[10:26] {Threei} any market strength, see how willing UAUA uis?
[10:32] {Geo} .
[10:33] {dino} sm l afam .34, thin
[10:35] {Threei} Long Setup: HIG half lot as close to .30 as possible
[10:36] {Threei} first strength from here
[10:38] {Threei} anyone got it, keep stop under .20
[10:38] {magoo} in
[10:38] {Threei} whatcha got?
[10:38] {magoo} .34
[10:38] {Threei} .31 here
[10:38] {Onix} .31
[10:38] {peterg} .29!
[10:39] {magoo} ill have to exit .03 higher than u lol
[10:39] {Threei} :)
[10:41] {Threei} no worky
[10:41] {Onix} stopped
[10:41] {wishbone} stopped
[10:41] {magoo} stiopp
[10:42] {peterg} sptd
[10:42] {peterg} stpd
[10:46] {magoo} rinsed
[10:48] {Threei} yeah
[10:48] {magoo} rough ride..but with any mkt help over 11
[10:50] {magoo} l here .41
[10:50] {magoo} hig
[10:50] {magoo} waiting .77
[10:51] {magoo} out .65
[10:51] {magoo} what the hell
[10:53] {magoo} plus .24
[10:53] {magoo} no one?
[10:53] {peterg} not me
[10:54] {peterg} good job
[10:54] {magoo} here comes 11
[10:56] {magoo} 11
[10:56] {magoo} easy too
[10:57] {dino} afam stop to 42.00
[10:57] {Threei} wtg mags
[10:58] {dino} gj magoo
[10:58] {ese} DRYS....just lookin for an excuse
[10:58] {magoo} UAUA vad
[10:59] {Threei} should break sooner or later but its pullbacks are gut-wrenching
[10:59] {ese} UAUA or DRYS
[11:00] {dino} out afam .00, +.64
[11:00] {Threei} both actually, lol
[11:00] {ese} classic dino.....nice
[11:00] {Threei} good one dino
[11:01] {ese} it was /is really thin though...... nerves of steel
[11:01] {magoo} buns of steel
[11:02] {ese} we'll leave that up to the ladies to decide
[11:02] {dino} thx
[11:02] {Threei} got HIG .92 on pullback... too fast to cal, sorry
[11:02] {ese} the man is oblivious....
[11:03] {magoo} ts got 12 written all over it vad
[11:03] {magoo} but with hard breating
[11:08] {Threei} UAUA starts teleportation business
[11:12] {Threei} HIG on its merry way to magoo's target
[11:12] {dino} yum l .00, stop lod
[11:13] {Threei} if you watched UAUA for this pattern, .81 - .90 scalps repeated themselves couple times
[11:14] {Threei} not right now
[11:14] {Threei} don't buy into sharp market downtick
[11:15] {Threei} when UAUA downtick coincides with market selling, it's like to do more than one leg down
[11:15] {Threei} like = likely
[11:18] {dino} sharp down ticks are all markets give anymore
[11:20] {magoo} mkt wants up but justyt relentless end of world news out there
[11:21] {dino} we will be living underground soon
[11:22] {Threei} I have my cave ready
[11:22] {Threei} equipped qwith beer fridge and wi-fi
[11:23] {Threei} Honda pulls out of Formula one
[11:31] {dino} yum stopped -.22
[11:32] {Threei} I will be very surprized if HIG doeasn't hit 12 today
[11:34] {dino} yum rinsed
[11:36] {Threei} PRESIDENT BUSH: CONCERNED ABOUT GIVING FUNDING TO AUTOMAKERS WHICH MIGHT NOT SURVIVE
[11:36] {Threei} - The credit crisis is the most urgent problem facing the economy, focusing on root causes to aid economy
[11:36] {Threei} - Notes that credit markets are thawing.{GM F}
[11:39] {Chaeron} good morning all
[11:39] {Threei} chaeron :)
[11:39] {Chaeron} sorry I'm so late.... unavoidable... miss much?
[11:39] {Threei} some
[11:40] {Chaeron} UAUA and HIG...
[11:46] {ese} see you all next week.
[11:47] {Chaeron} bye ese... have a good 2 days
[11:47] {ese} take care
[11:48] {Threei} take care ese
[11:50] {Threei} wow
[11:50] {Threei} what just happened?
[11:52] {magoo} [11:20] {magoo} mkt wants up but justyt relentless end of world news out there
[11:52] {magoo} thats what
[11:54] {magoo} HIG
[11:54] {Threei} nears that 12
[11:54] {Threei} and UAUA tries to chew through 11
[11:55] {magoo} cant post fast enough..hit HIG .61 to 89 there
[11:59] {Threei} not much retreat from 11 this time UAUA
[11:59] {Threei} if market resumes upward, probably should finally break
[12:01] {dino} t l .30
[12:03] {dino} et tu brutus
[12:09] {dino} t stop to .44
[12:09] {dino} stopped t +.14
[12:09] {Threei} anyone took UAUA 11 break?
[12:10] {Chaeron} I was disconnected and took it at .08
[12:10] {Chaeron} :(
[12:10] {Threei} anyway, nicely in the money for a scalp
[12:11] {Threei} but what kind of chasing is that
06[12:11] * Threei slaps Chaeron around a bit with a large sheet of paper with bold red letters "do NOT chase!!"
[12:12] {dino} beat me to it
06[12:12] * Chaeron slaps dino around a bit with a large trout
[12:12] {Chaeron} that's for thinking about it
[12:19] {dino} ouch
[12:23] {Chaeron} out at .10... I dont deserve the 2 cents
[12:23] {Threei} better than poke in the eye
06[12:23] * Geo sends chaer his postal address
[12:23] {Threei} and UAUA is sure capable of poking
[12:27] {Threei} 13 HIG
[12:27] {Threei} unstoppable
[12:40] {magoo} .
06[12:41] * dino slaps magoo around a bit with a large trout
[12:41] {Threei} HIG crawling toward high again
06[12:43] * wishbone slaps wishbone around a bit with a large trout
[12:44] {wishbone} that's it...no graphics?
[12:47] {Threei} trout is all youi got?
[12:47] {wishbone} qoi
[12:48] {Threei} I don't speak french
[12:48] {wishbone} neither do i
[12:48] {Threei} neither do I speak english
[12:49] {wishbone} is there graphics w/ the slaps?
[12:49] {wishbone} are there
[12:49] {Threei} huh?
[12:49] {Threei} graphics?
[12:49] {Chaeron} no but I'm working on a technology where the recipient actually feels the sting
[12:49] {wishbone} ok guess not! :)
[12:49] {Threei} lol
[12:50] {Threei} considering my limited vocabulary, you'd do well limiting your replies to me to "da" and "nyet"
[12:50] {Threei} CHRYSLER HAS HIRED BANKRUPTCY FIRM JONES-DAY - WSJ CITING SOURCES
[12:50] {Threei} {GM F}
[12:52] {Threei} that's inspiring
[12:59] {dino} out mcd .04, +.24
[13:00] {magoo} ok vad, i have geo email on slapfest..but i need u to literally walk me thru every click to install
[13:00] {Threei} there is nothing to install, just put this file in RTC folder
[13:00] {Geo} hey !
[13:00] {Threei} and click yes when it asks whether you want to replace file
[13:00] {Geo} i even sent vad's instructions
[13:00] {magoo} HUH?no clue
[13:01] {Geo} peterg
[13:01] {Geo} carry the torch pls
[13:01] {magoo} so how i start?
[13:02] {magoo} how i save file to whereever?
[13:02] {Geo} cant belive this is the same guy
[13:02] {Geo} who makes laser sing in scalping
[13:03] {magoo} i clicked it
[13:03] {magoo} ask want to save
[13:03] {Threei} right
[13:03] {Threei} elect Save
[13:03] {Threei} it will open a window where you can navigate to any folder you want
[13:04] {Threei} you need C - program Files - RTC
[13:04] {Threei} once there, click save
[13:04] {magoo} where is that?
[13:04] {magoo} my docs? my computer? my netwk places?
[13:04] {Threei} my computer
[13:05] {Threei} c
[13:05] {Threei} program files
[13:05] {Threei} rtc
[13:05] {magoo} ok now what?says save in: RTC
[13:06] {Threei} yup
[13:06] {Threei} click save
[13:06] {magoo} ok now what?
[13:06] {Threei} restart mirc
[13:06] {magoo} reboot?
[13:06] {Threei} no, not whole computer
[13:06] {Threei} just close mirc and openit again
[13:07] {magoo} log out laser?
[13:07] {Threei} ??
[13:07] {magoo} what the hells mirc}?
[13:07] {dptl} lol
06[13:07] * Threei slaps magoo around a bit with a large red brick
[13:07] {wishbone} lol
[13:07] {magoo} seriously
[13:07] {Threei} this room
[13:07] {magoo} oh..lol..brb
[13:08] {Threei} move your eyes to the right and up
[13:08] {Threei} you'll see red square with white X
[13:08] {wishbone} needed a good laugh....that was awesome magoo
[13:08] {Threei} X marks the spot
[13:08] {Threei} now move your eyes to the mouse
[13:08] {wishbone} there he goes
[13:08] {wishbone} rofl
[13:08] {KSystems} Now...everybody leave and yell at him when he comes back...he shouldnt have shut the whole room down!
[13:08] {Threei} move mouse so cursor p;oint to the X
[13:08] {KSystems} wb magoo :)
[13:08] {magoo} ok thayts it?
[13:08] {Threei} am I having fun or what
[13:09] {Threei} oh, while moving cursor, move your eyes back to the screen
06[13:09] * magoo slaps Geo around a bit with a large book of Techniques of Tape Reading
[13:09] {Threei} so you can monitor cursor movements
[13:09] {magoo} YESSSSSSSSS
[13:09] {Threei} when cursor points to X, move your eyes back to the mouse and find left button
[13:09] {Threei} left button is one on the same side as your heart
[13:10] {magoo} vad knows this..i can only do exactly what i need to do on computer...do not know anything else
[13:10] {magoo} i am retard
[13:10] {Threei} pointing your eyes at the left button, pluit your finger on it
[13:10] {Threei} depress it once and release
[13:10] {Threei} move your eyes back to the screen
[13:10] {Threei} someone stop me
[13:10] {dino} amzn sm l .00
[13:12] {magoo} slow down vad...which side of what? whats a mouse?
06[13:13] * Threei slaps magoo around a bit with a large book Windows for Dummies
[13:13] {Threei} HIG broke
[13:13] {Threei} we are in for a rally
[13:13] {Threei} one more pullback, then break of the high
[13:14] {Threei} pullback entry for Qs would be as close to .50 as possible if goes there
[13:15] {Threei} .70 break should launch it
[13:19] {magoo} GS would be good rally candudate
[13:21] {Threei} HIG 14?
[13:22] {magoo} well..its getting riskier tghe higher we go is all
[13:22] {Chaeron} OJ Simpson just got at least 6 years in prison for the Nevada thing
[13:24] {dino} good
[13:25] {Geo} is the .7 break a call vad?
[13:25] {Chaeron} ooops... it's 15 years
[13:25] {Threei} if it consolidates close to it, yes Geo
[13:25] {Geo} looks like consolidation is beginning
[13:26] {magoo} long GS snall 66
[13:26] {magoo} 300 sghaes
[13:28] {Threei} 14
[13:29] {magoo} out .09
[13:29] {magoo} want mkt to go up
[13:29] {Threei} [09:10] {Threei} HIG is likely to be a hot item today
[13:29] {Threei} lol... need a new alert
[13:30] {magoo} thats why i got on it vad
[13:30] {Threei} "Hot Item Alert"
[13:30] {Threei} recommended action:
06[13:30] * magoo slaps Geo around a bit with a large daytrading course
06[13:30] * magoo slaps Threei around a bit with a large roll of cash
[13:30] {Threei} sell wife and kids, get a loan using youyr farm and house as collateral,
[13:30] {Threei} negotiate 1:100 margin with your broker,
06[13:31] * magoo slaps Threei around a bit with a large slab of bacon
[13:31] {Threei} buy hot item with all your new buying power
[13:31] {Threei} retire at the end of the day
[13:31] {magoo} in Q .65
[13:31] {Threei} it went to .53 on pullback
[13:31] {Threei} why not buy on pullback?
[13:32] {magoo} was not sure it was end of world fall off
[13:32] {magoo} like yesterday and everyday
[13:33] {magoo} u forget already those 317 point drops in 60 seconds?
[13:33] {Threei} no, but you'd have about 5 cents stop from there
[13:34] {magoo} i wanted to feel it going up first
[13:34] {magoo} u in??
[13:34] {Threei} no
[13:34] {Threei} missed pullback
[13:34] {Threei} not chasing, waiting for another chance
[13:35] {Threei} desirable around .60
[13:35] {magoo} well..i thought u said .70 will launch it
[13:35] {dino} amzn stop to .20
[13:35] {dino} stopped +.20
[13:35] {Threei} you see how sharply it spiked into .70 from .53?
[13:35] {Threei} when did you see me buying the top of such spikes?
[13:36] {Threei} ok, in
[13:36] {magoo} how many 2?
[13:36] {Threei} 1
[13:37] {Threei} stop is tight enough for 2
[13:37] {Threei} but I don't feel like that on Fri
[13:37] {Threei} and I am up enough to cease trading altogether
[13:37] {Threei} so not going to spoil the day by one stop
[13:38] {Threei} if things work out as I see them, next thing is spike to about .77
[13:39] {Threei} oh boy
[13:39] {Threei} forgot about UAUA
[13:39] {Threei} look at it
[13:40] {Threei} my grey matter is very grey on Friday afrernoon...
06[13:42] * Threei kicks the market in the rear
[13:43] {Threei} half out .75
[13:43] {Threei} +.14
[13:44] {magoo} out .77 2k
06[13:45] * Threei slaps magoo around a bit with a large roll of cash
06[13:45] * magoo slaps laserdave1 around a bit with a large Master Profit Plan
06[13:45] * magoo slaps laserdave1 around a bit with a large daytrading course
[13:45] {Threei} out 1/4 more .85
[13:45] {Threei} +.24
[13:45] {magoo} in GS too
[13:45] {magoo} from .25
[13:45] {Threei} offering last 1/4 .91
[13:45] {Threei} out
[13:46] {Threei} was that a read or was that a read
[13:46] {Chaeron} thanks Threei... took .21 from Q's
[13:46] {magoo} out GS .81
06[13:46] * Geo slaps Threei around a bit with a large gold bar
[13:46] {Threei} pullback into .50, then break of .70 and rally
[13:46] {Threei} textbook
[13:47] {Geo} still sitting in 500 shares
[13:47] {Geo} too greedy
[13:47] {jmb} thanks vad
[13:47] {Threei} welcome jmb
[13:49] {Geo} out .97
[13:49] {Geo} TY lord vader
[13:49] {Threei} welcome
[13:50] {Threei} wow
[13:50] {Geo} heheheheh
[13:50] {Threei} that's more rally than I bragained for :)
[13:51] {Geo} did i tell ya i reentered
[13:51] {Threei} bargained too
[13:51] {Threei} no you didn't
[13:51] {Geo} ill send ya blotter
[13:51] {Threei} what for
[13:51] {Threei} I believe you
[13:51] {Threei} I just hate you
[13:51] {Geo} ahhh ok
[13:52] {Geo} rich and hated
[13:52] {Threei} lol
[13:52] {Geo} thats why i came to you in this room
[13:52] {Threei} there you go
[13:52] {Threei} do I deliver or what
[13:52] {Geo} ok out now
[13:52] {Geo} cant push it
[13:53] {dino} yum l .10
[13:53] {Geo} in av .60 out .16
[13:53] {Geo} 56 cents
[13:54] {Geo} vad looks like it wants more
[13:55] {Geo} and bonds dropped fast
[13:55] {Geo} in
[13:56] {dino} out yum .27, +.17
[13:56] {Geo} .23 entry
[13:57] {Geo} half out
[13:57] {dino} afam l; sm .20
[13:58] {Geo} all out
[13:58] {Geo} .10 and .5 on one lot
[13:58] {Threei} beauty
[13:59] {Geo} IMO bonds is a beautifull indicator
[13:59] {Geo} only when it spikes
[13:59] {Threei} one more upward push, then heavy pullback
[13:59] {Threei} what do you ue for bonds? TLT?
[13:59] {Geo} ZB from IB
[13:59] {Geo} tlt lags bad
[13:59] {Geo} and wierd spread
[14:00] {Threei} don't care about spread, not going to trade it
[14:00] {Geo} lags vad
[14:00] {Geo} zb is 30 yr and tlt is 20
[14:00] {Threei} yeah, lags by at least 5 minutes from what I see
[14:00] {Geo} i scalp spy on it as you scalp UAUA with NQ
[14:01] {Geo} spy watching ZB
[14:01] {dino} gj geo
[14:01] {Geo} 10 cents scalps
[14:01] {Geo} but made 1.5x on that alone today.......
[14:01] {magoo} whos lags? wqe got magss..maga
[14:02] {dino} bea utiful
[14:03] {magoo} how much is 1.5?
[14:03] {Geo} vad Ill post a chart... but could you edit it out later? pls
[14:04] {Threei} sigh
[14:04] {Geo} i would love if yo could fine tune it... as my style is a bit raw
[14:04] {Threei} ok
[14:04] {Geo} hehehe friday
[14:04] {Geo} sorry
[14:04] {magoo} there must be more money.......there must be more money {as magoo mounts his rocking horse}
[14:05] {Threei} here comes my pullback
[14:05] {Threei} Qs should drop under 20
[14:06] {Threei} from where bounce scalp will be in order
[14:06] {Threei} UAUA to 11.40 at least
[14:06] {Threei} likely lower
[14:10] {Threei} there you go Qs
[14:11] {Geo} watch the 10:54 PST spike down
[14:11] {Geo} works more often than not.... only if its a spike
[14:11] {Geo} or near HOD or LOD
[14:12] {Geo} pls edit it later vad :)
[14:12] {Threei} nice pattern
[14:13] {Geo} i see it a few times in the day
[14:13] {Geo} have to use ZB though
[14:14] {Threei} UAUA held better than expected
[14:14] {Threei} feel free to take scalp Qs
[14:15] {jmb} thanks vad q's
[14:15] {Threei} :)
[14:16] {Threei} amazingly obeying today
[14:18] {dino} afam stopped -.40 sm
[14:18] {Threei} argh
[14:18] {Threei} UAUA did quick trip to .45 and back over .60
[14:18] {Threei} all in a fraction of second
[14:21] {dino} amzn l sm .40
[14:24] {Threei} lol... HIG goes for 15 or what?
[14:24] {KSystems} at +100% now
[14:27] {dino} out amzn .80, +.40
[14:27] {Threei} nice
[14:27] {dino} ty
[14:27] {dino} just dinking around
[14:28] {Threei} started out rather slow but turned to be a beautiful day
[14:29] {Threei} wow
[14:29] {Threei} what happened to oil just now?
[14:35] {Threei} US REP FRANK: A LARGE CONSENSUS HAS BEEN REACHED THAT SOMETHING MUST HAPPEN FOR AUTOMAKERS, BUT THAT IS NO 'GUARANTEE OF SUCCESS'
[14:35] {Threei} {GM F}
[14:37] {dino} thin, sm, l erie .20
[14:40] {dino} i must buy magoo a beer, i asked him up or down when -50, he said up
[14:41] {Geo} ne calls vad?
[14:42] {Threei} you don't think I have them but hide them?
[14:42] {Geo} in your cave?
[14:43] {KSystems} in secret 99k$ room
[14:43] {KSystems} (discounted rate, batteries not included)
[14:43] {Threei} your mileage may vary
[14:43] {Threei} objects in mirror may appear closer than they are
[14:44] {Geo} ok jumped in amazon as it lagged to go to its HOID
[14:44] {Geo} nice.....
[14:45] {Threei} don't forget to jump out
[14:45] {Geo} it has some more juice
[14:45] {Threei} Geo the Juicer
[14:46] {Geo} in from .77
[14:46] {Geo} 500 left
[14:47] {Geo} out .34
[14:47] {Threei} wtg
[14:47] {dino} gj
[14:47] {Geo} covered first half too early.... oh well....
[14:47] {Geo} i love your lag plays vad
[14:48] {Threei} for the most part easy money
[14:48] {Geo} hmmm
[14:48] {Geo} still going
[14:48] {Geo} nice up day today
[14:51] {Geo} didnt expect that with this NFP
[14:53] {Threei} one more push upward is in order it feels
[14:54] {magoo} whats the play?
[14:55] {Threei} Qs from around .50
[14:57] {dino} bad news is good news, hmmm
[14:57] {Threei} yup
[14:58] {dino} stalking pru
[14:58] {Threei} no pullback so far
[14:59] {dino} its coming 3:05ish, imo
[15:00] {Threei} OCT CONSUMER CREDIT: $-3.5 V $2.0BE
[15:00] {dino} negative?
[15:01] {Threei} looks like
[15:01] {magoo} HOIG 15
[15:01] {magoo} hih
[15:01] {magoo} HIG
[15:01] {magoo} sigh
[15:03] {magoo} now..down 500 points or up 300 points??
[15:03] {dino} bam
[15:03] {dino} [14:59] {dino} its coming 3:05ish, imo
[15:03] {dino} same as yesterday
[15:03] {Threei} bounce Qs for scalp soon
[15:04] {Threei} scalp only
[15:05] {Threei} 13 cents
[15:06] {Threei} anyone?
[15:06] {Geo} still in from .46
[15:06] {wishbone} hesitated at .41
[15:06] {Threei} don't oversit, market became nervous
[15:07] {Geo} out
[15:07] {Geo} all out .6
[15:13] {magoo} 16 vad}??
[15:13] {Threei} lol, I already out of guesses on HIG
[15:14] {Threei} 16, 18... anything's possible
[15:14] {Threei} 12 too
[15:14] {magoo} ok..lots of help he he
06[15:15] * Threei slaps magoo around a bit with a large Self-Help Manual
[15:15] {dino} sm s pru .44 risky
[15:16] {dino} that sucked
[15:18] {magoo} maria schriver just called a bottom
[15:18] {Threei} uh oh
[15:18] {Geo} sitting in amzn
[15:18] {dino} sell the rips boys, +6% from todays' low
[15:19] {dino} 8600 area hasbeen major resistance thos week, altho gap at 8828
[15:19] {magoo} we got a big sh#t sandwichje here..and ya'll gotta take a bite
[15:19] {dino} 871 s&p too
[15:20] {Threei} big drop HIG
[15:20] {Geo} scratched amzn
[15:21] {Geo} bonds bounced of bottom
[15:28] {Geo} sheesh forgot... bonds pit closed at 12:00 pst....
[15:28] {Geo} vol negligible now
06[15:29] * dino slaps Geo around a bit with a large trout
06[15:30] * Geo slaps Threei around a bit with a large weekend not here yet banner
06[15:31] * magoo slaps Geo around a bit with a large book of Techniques of Tape Reading
06[15:31] * Threei slaps Geo around a bit with a large My Weekend started Yesterday But I Still Found a Lot of Profitable Trades for Ya banner
[15:31] {Geo} rich and hated
06[15:31] * magoo slaps Threei around a bit with a large with mossyback smokey ghost droppings
[15:31] {Threei} dream coming true eh?
[15:31] {Threei} lol
[15:31] {Geo} not yet but working on it
[15:32] {Geo} what is that magoo?
[15:32] {Threei} magoo really gets in this century stuff
[15:32] {magoo} deer poop
[15:32] {Geo} oooooh
[15:33] {dino} ok, wed. hod dji
[15:33] {Geo} sitting in amzn
[15:34] {KSystems} since?
[15:34] {Geo} .48
[15:34] {Geo} and half out
[15:34] {Threei} asince he got parachuted in rain forrest
[15:34] {Geo} .68
[15:34] {Geo} ok out rest
[15:34] {Geo} dont want neg stops late in day
[15:35] {Threei} come on... rain forrest? Amazon?
[15:35] {Threei} sigh
[15:35] {Geo} hehehe
[15:35] {KSystems} sigh
[15:35] {Geo} too busy clicking buttons
[15:35] {KSystems} its friday vad
06[15:35] * Threei gives up
06[15:35] * Threei will never make another joke again
[15:35] {Geo} promise?
[15:35] {KSystems} I'm sitting in bathtub
[15:35] {KSystems} i shouldnt have said that
[15:35] {Geo} too much detail K
06[15:36] * Threei phones Seinfield and admits defeat
[15:40] {dino} out erie .58, +.38
[15:40] {dino} dino kicks radio into tub
[15:41] {dino} cov pru .04, +.40
[15:41] {dino} what, did everyone quit?
[15:42] {Threei} I did, yesterday
[15:43] {Threei} but dino,
[15:43] {Threei} if you want real effect, kick toaster in KS's tub
[15:43] {dino} ahhh
[15:43] {Geo} man you guys.... dont like him much
[15:43] {Threei} whom?
[15:43] {Threei} I mean, Geo,
[15:43] {Geo} the guy in the tub
[15:43] {dino} sorry i'm such a late trader, just can't seem to figure a.m. out
[15:43] {Threei} how do you intend to distinguish pne particular person among all those we don't like?
[15:44] {dino} over goal, in any case
[15:44] {Geo} its ok dino we still love ya
[15:44] {patience} at least you are trading dino, i'm sitting this week out it seems
[15:44] {Geo} staill same goal dino?
[15:44] {dino} yeah, $7 beans
[15:44] {Geo} nice :)
[15:44] {Geo} ill increase my daily next year
[15:44] {Geo} having too much fun saying 2x
[15:44] {dino} 1.20
[15:45] {Geo} very nice
[15:45] {Geo} .6 here
[15:45] {dino} \gj geo, seriously, i see you "getting" the gut feel
[15:45] {Geo} yeah working on it
[15:45] {Geo} but gut increasing though :)
[15:46] {dino} we should call this the adam sandler market, 7 crazy days
[15:46] {dino} gj
[15:46] {Threei} Geo... why would you want to do that?
[15:46] {Threei} I mean, increase share size when you are ready is fine
[15:47] {Geo} not ready yet
[15:47] {Threei} but why increase pressure on yourself by raising daily goal?
[15:47] {Geo} some time next year
[15:47] {Threei} enjoy 2x, 5x,
[15:47] {Threei} keep expectations low,
[15:47] {Threei} stay humble
[15:47] {Geo} i love saying that lol
[15:47] {Threei} lest market humbles you
[15:47] {Geo} 3 x today
[15:47] {dino} good point vad
[15:48] {Threei} when you inrease mental pressure, you tend to start pushing
[15:48] {Geo} expectation is .5 a day by end of nex year
[15:48] {Threei} I noticed many years ago,
[15:48] {Geo} so lets see
[15:48] {Threei} my best days come when I decide for myself:
[15:49] {Threei} I am not going to tarde today at all
[15:49] {Threei} will watch
[15:49] {Geo} ok
[15:49] {Threei} maybe something very compelling comes along, then ok, I'll take it
[15:49] {Threei} guess what
[15:49] {Threei} quality of trades increase multifold
[15:49] {dino} geo, if i may, hat = .5?
[15:49] {Threei} % of wins is incredible
[15:50] {dino} 7 beans = 700
[15:50] {Geo} yes
[15:50] {Geo} .5 is 500
[15:50] {Geo} no i average 200 a day
[15:50] {dino} ok, fantastic buddy
[15:50] {Geo} not in your leage dino :)
[15:50] {Threei} then I come in, thinking, OK, I need to make $xxx today
[15:50] {Threei} well... smack on the head comes quickly and inevitable
[15:51] {Geo} good observation vad
[15:51] {Threei} and for some reason always from the right side
[15:51] {dino} indeed vad you are correct, the pressure gets to me
[15:52] {Threei} yeah, gotta remind ourselves now and then, there is no such thing as work ethics or steady payment we are entitled for in this business
[15:52] {Geo} no????
[15:52] {Geo} man i need to start a para sailing business in bali
06[15:52] * Threei slaps Geo around a bit with a large Business Code of Conduct
06[15:53] * Geo slaps Threei around a bit with a large how to be rich and hated manual
[15:53] {dino} sm s erie .56 stop hod
[15:53] {Geo} wow dino still chugging along
[15:53] {Geo} good thing he doesnt trade forex heheheheheh
[15:54] {dino} its trade or drink, magoos fault
[15:54] {dptl} have a good weekend all
[15:54] {dino} u2 dp
[15:54] {Threei} take care dp
[15:57] {Threei} look at HIG
[15:57] {Threei} quite something
[15:59] {dino} erie, pain, can't get out of w/gap
[15:59] {dino} gone to .30 wide
[16:00] {dino} hmmm
[16:00] {Geo} watching it... amazing
[16:00] {Threei} OK guys
[16:00] {dino} yeah, i'll be dealing w/it tonight
[16:00] {Threei} veru nice day to a very nice week
[16:00] {Threei} no single losing day
[16:01] {Threei} have a great relaxing weekend
[16:01] {Geo} K you paged?
[16:01] {dino} i was down yesterday, blew 9 day streak
[16:01] {Threei} see you Monday
[16:01] {magoo} ty all
[16:01] {Geo} i was down one day.... due to my own stuff.... not too big though
[16:01] {Geo} thanks guys
[16:01] {dawg} thanks all have a great weekend
[16:02] {dino} thx all, appreciate the ideas/help
[16:02] {KSystems} have a great weekend all
