Friday, December 12, 2008

Dec 12 2008

A few good educational discussions, one is pre-market. And yeah, profitable day again. Boring, I know. Sorry.

Session Time: Fri Dec 12 00:00:00 2008

[08:30] {Threei}  NOV ADVANCE RETAIL SALES: -1.8% V -2.0%E; LESS AUTOS: -1.6% V -1.8%E
[08:30] {Threei}  *NOV PRODUCER PRICE INDEX M/M:-2.2 % V -2.0%E; PPI EX FOOD&ENERGY M/M: 0.1% V 0.1%E
[08:38] {hawkfan4} morning
[08:40] {patience} good morning   :)
[08:40] {Threei}  hawk, patience :)
[08:42] {_elepet} good morning
[08:42] {Threei}  elepet :)
[08:54] {Onix} gOOD MORNING ALL
[08:55] {Onix} sorry for the caps,it is not that good!
[08:55] {cosmo} good for a buggy whip rebound maybe?
[08:56] {Onix} yes, that could easily happen
[08:59] {cosmo} EXEL
[08:59] {cosmo} 4.65 pr mkt high
[08:59] {Threei}  onix, cosmo, ese :)
[08:59] {cosmo} 3i:)
[09:00] {KSystems} Good morning :)
[09:00] {Threei}  ks :)
[09:00] {Onix} hi ks
[09:02] {peterg} all; saw tv say market tanks after bailout denied. doesnt look so badf
[09:02] {cosmo} DRYS pr mkt high = 7.86  fwiw
[09:02] {cosmo} should hold 7.50  ...?
[09:06] {dino} gm all, end of days again
[09:06] {Threei}  dino :)
[09:06] {Onix} hi dino
[09:08] {peterg} i mean good morning all
[09:08] {Threei}  peter :)
[09:08] {Threei}  market is climbing back
[09:09] {Threei}  waiting for plan B as in TARP funds to automakers?
[09:09] {Geo} good morning
[09:09] {Threei}  geo
[09:09] {Onix} hi peter
[09:09] {Threei}  lol, there you go
[09:09] {Threei}  - Letting the automakers fail would be irresponsible.{F GM}
[09:12] {dino} this auto game reminds me of tarp game. need 6 votes to get it, do damage, drag it out for political shining, then vote it through
[09:12] {cosmo} no auto maker left behind...
[09:12] {Onix} you can read their minds already Vad?
[09:13] {Threei}  thought yesterday when they rekected a loan that would be a theme today, Onix
[09:13] {Threei}  I find it hard ti imagine they would let them fail now
[09:13] {Threei}  last thing Bush wants is to have this last stain
[09:13] {Onix} true .. just stalling like dino says
[09:13] {Threei}  he will prefer to postpone this decision and leave it to next prez
[09:14] {Threei}  so in this or that form, it will go throuhg
[09:14] {Threei}  and dino's analogy is dead on
[09:14] {dino} remember sept votes, 6 or so off. repeating imo
[09:15] {Threei}  I intend to be very conservative and risk-averse today guys
[09:15] {dptl} good morning all
[09:15] {Threei}  dp :)
[09:15] {Onix} hi dp
[09:15] {dptl} :)
[09:16] {Threei}  one reason is obvious, jerky market in highly fluid situation with constant news barrage
[09:16] {Threei}  another is...
[09:16] {Threei}  I've run incredibly long streak of winning days, can't even remember last losing one
[09:16] {Threei}  I think more than month ago
[09:16] {ese} morning
[09:16] {Threei}  there are odds
[09:17] {Onix} hi ese
[09:17] {Threei}  and I have to account them in
[09:17] {ese} hey onix
[09:17] {Threei}  whe inevitable losing day comes, I want damage to be minimal
[09:17] {dino} i understand vad
[09:17] {Threei}  the worst thing you can do in this situation is to decide that it's your genius in works,
[09:18] {Threei}  and you are immune to losses
[09:18] {wishbone} gm all
[09:18] {Threei}  wishbone :)
[09:18] {Onix} hi wishbone
[09:18] {Threei}  healthy dose of humbliness is necessary
[09:19] {Onix} otherwise the market WILL do it to you?
[09:19] {Threei}  and being humble is not really my character trait... so gotta deliberately restrain myself :)
[09:19] {Threei}  exactly onix
[09:19] {Threei}  doeas it sound familar:
[09:20] {Threei}  you win, win, win, having great streak,
[09:20] {Threei}  then one day comes
[09:20] {Threei}  that eats absolutely disproportional portion of your winnings
[09:20] {Onix} way too familiar
[09:20] {Threei}  there
[09:20] {Threei}  this is ego at work
[09:20] {lisa_jay} Hello everyone
[09:21] {Threei}  lisa :)
[09:21] {Onix} hi lisa
[09:21] {Threei}  you decided subconsiously it's not odds, it's not your system,
[09:21] {Threei}  it's YOU
[09:21] {Threei}  great and terrbile, invincible
[09:21] {Threei}  rules don't apply to you
[09:21] {Threei}  you will win anyway
[09:21] {Onix} ha-ha-ha
[09:21] {Threei}  following rules or breaking them, you are above the rules
[09:22] {Threei}  well... smackdown comes inevitable, and hard smakdown it will be
[09:22] {dino} been there
[09:22] {Threei}  yeah... ask me how I know :)
[09:22] {Onix} structure & discipline or i go under
[09:22] {peterg} just when I wuz gonna increase my share size to 2000
[09:23] {peterg} kidding
[09:23] {peterg} whom the gods would destroy, first they make proud
[09:23] {Threei}  very true
[09:23] {Threei}
[09:25] {Threei}  there is time for everything... sure, push harder when you are hot, but remember to start slowing down at some point
[09:25] {Threei}  and let natural cycles work their magic
[09:25] {ese} news on EXCEL anyone
[09:25] {ese} sory EXEL
[09:25] {Threei}  05:54am [EXEL] Enters global collaboration deal with BMY on two cancer programs; to receive $195M cash payment from BMY
[09:26] {ese} tks vas
[09:26] {ese} vad
[09:26] {ese} cannot spell this morning
[09:26] {Threei}  this morning? I am full of envy
[09:27] {lisa_jay} .
[09:28] {ese} morning lisa
[09:29] {lisa_jay} Hi Ese.
[09:30] {Threei}  DRYS pulled back into premarket support
[09:31] {Threei}  and bounced off it faster than I could blink
[09:32] {dino} downgrade drys to underperform fwiw
[09:34] {ese} bstop EXEL .51
[09:35] {ese} L EXEL .54 
[09:36] {ese} stop .35
[09:36] {Threei}  ready I guess
[09:36] {Threei}  in the line above
[09:37] {ese} Out EXEL .72 lot and a 1/2 +.20
[09:37] {dino} gj
[09:37] {lisa_jay} nice
[09:37] {patience} nice ese  :)
[09:37] {ese} quick
[09:38] {dino} shld
[09:38] {Threei}  {GM F}
[09:38] {Threei}  yup... can will be kicked down the road
[09:39] {dino} retail stronger
[09:39] {dino} amzn, shld cost
[09:39] {dino} etc
[09:40] {ese} L AMLN 3/4 .49
[09:41] {ese} stop .25
[09:41] {Threei}  DRYS, looking for bounce off .60 roughly
[09:42] {magoo} lisddslhdghkdjds.j
[09:43] {patience} good morning magoo
[09:43] {lisa_jay} Hi Magoo.
[09:45] {Threei}  mags :)
[09:46] {Threei}  feels like dump is coming
[09:47] {ese} hmmmm thought AMLN was gonna stop me there
[09:48] {Threei}  AMLN can be treacherous that way
[09:48] {ese} ya those big long minute bars don't look comforting for sure
[09:49] {ese} oh well....stop is in place we'll see
[09:49] {ese} STOPPED!!!
[09:50] {Threei}  hmmm... no dump
[09:51] {dino} strange
[09:51] {ese} look at it....what a piece of ......&^%^&%$&^
[09:51] {dino} lol
[09:52] {dino} i don't trust this bounce
[09:53] {ese} AMLN you mean
[09:53] {Threei}  ese, I think AMLN should be ignored on traditional breakout setups and bought for scalp on shakeouts
[09:53] {dino} markets i was thinking es
[09:53] {ese} whole heartedly agree
[09:57] {cosmo} green
[09:57] {dino} ndx green
[09:58] {cosmo} :)
[09:58] {dino} comp green
[10:00] {Threei} Long Setup:  F  2.90 if stays above 2.80
[10:02] {Threei}  UAW press conference
[10:02] {Threei}  on TC
[10:02] {Threei}  TV
[10:02] {Geo} invalid i guess
[10:03] {peterg} Bring back Walter Reuther. Samuel Gompers, they were interesting people
[10:03] {peterg} I went to school with the son of Saul Alinsky, if any remember him.
[10:03] {peterg} Interestingt people
[10:04] {peterg} a "community organizer."
[10:05] {Threei}  are you listening to this?
[10:05] {peterg} qqqq keeps going up
[10:06] {peterg} no tv here
[10:06] {Threei}  guy talks about the negotiations as if it were poker
[10:06] {Threei}  they tried to guess who bluffed, who had really strong hand
[10:06] {lisa_jay} he does look a little scared though
[10:07] {Geo} what i am amazed at is they are basically not willing to compete
[10:08] {dino} the unions much give or the workers will be out of work, imo
[10:08] {Geo} yup
[10:09] {Geo} looks like its blindingly obvious to everyone except them
[10:09] {Threei}  I guess they just play this high stakes game
[10:09] {ese} look at AMLN.......all I can say is "ALCHOHOL WORKS" !!!!
[10:10] {Threei}  counting on current powers to provide something to sustain them till Obama takes over,
[10:10] {Threei}  then having different regime and climate
[10:10] {Threei}  DRYS pulled back into support
[10:10] {Threei}  ugh... too fast again
[10:11] {Threei}  two supports here:
[10:11] {Threei}  8.50, questionable one
[10:12] {Threei}  8.30, much stronger
[10:12] {Threei}  I'll wait for another leg down
[10:12] {Threei}  there it goes
[10:13] {Threei}  come on, dive more
[10:15] {dino} mkts dropping
[10:16] {Threei}  - Were prepared to negotiate with bill along terms provided by the White House
[10:16] {Threei}  - Had reached tenative pact with Senate Rep Crocker, GOP caucus could not be convinced of plan
[10:16] {Threei}  - Republican proposal would have required massive exchange of equity from company
[10:16] {Threei}  - Under the impression that they were being 'set up' by Republican senators
[10:16] {Threei}  - Were prepared to put job bank elimination in the bill, GOP pressed for parity with foreign auto companies operating in US{F GM}
[10:17] {Threei}  - says will work closely with the Administration
[10:17] {lisa_jay} drys at .30 level
[10:18] {lisa_jay} Any interest still Vad?
[10:18] {Threei}  yes but market feels like another leg down coming
[10:18] {Threei}  want to have market on our side
[10:19] {Threei}  finger on a trigger
[10:21] {Threei}  sheesh
[10:21] {magoo} in .46
[10:21] {Threei}  I am way too hesistant I guess
[10:21] {Geo} in .40
[10:21] {Threei}  hit my buy zone perfectly
[10:22] {Geo} out all
[10:22] {dino} sso hl s .5, stop .52
[10:22] {Threei}  wtg guys
[10:23] {lisa_jay} I am even more hesitant Vad...waited for dip under 30 with strenght to show and buy at .31.  Sigh.
[10:23] {Threei}  just no feeling of pattern forming confidently
[10:23] {dino} sso s was .25
[10:24] {lisa_jay} news driven day
06[10:27] * Geo slaps Threei around a bit with a large trout
[10:27] {Geo} [07:21] {Threei}  I am way too hesistant I guess
[10:27] {Geo} vad wants a perfect score
[10:27] {Threei}  no
[10:28] {Geo} j/k
[10:28] {Threei}  just don't want to get into so-so trade without having confident read on it
[10:28] {Geo} that isnt a fun answer :)
[10:29] {Threei}  sorry
[10:29] {Threei}  here is fun one
[10:29] {Geo} chop zone now i guess
06[10:29] * Threei slaps Geo around a bit with a large piece of uncertainty in the market
[10:29] {Geo} heheh
[10:34] {dino} cov sso .02, +.23
[10:35] {patience} nice dino, i'm just sitting in silver wheaton
[10:35] {dino} ty, going slow today
[10:36] {Chaeron} good morning all
[10:36] {Threei}  chaeron :)
[10:36] {lisa_jay} Hi Chaeron.
06[10:36] * dino slaps Chaeron around a bit with a large trout
[10:37] {Chaeron} Hi Threei, Lisa :) Dino...
06[10:37] * Chaeron slaps dino around a bit with a large trout
[10:37] {dino} :)
[10:37] {Chaeron} backatcha
[10:38] {Onix} hi chaeron
[10:38] {Chaeron} come on guys and girls... It's friday, let's kick it up
[10:38] {Onix} or down?
[10:38] {Chaeron} Onix :) hope you're doing good
[10:38] {Onix} so-so ty
[10:38] {Chaeron} ("well" as raven would correct me
[10:39] {dino} well
[10:39] {dino} opps
[10:39] {Chaeron} PRU
[10:39] {magoo} any read q vad?
[10:39] {Threei}  up for the moment
[10:39] {Threei}  not very far
[10:40] {Threei}  kind of scalp... but can't find the entry
[10:40] {Threei}  maybe this:
[10:40] {Threei}  .07 with stop under 29
[10:41] {Geo} ?
[10:41] {Geo} short?
[10:41] {Threei}  [10:39] {Threei} up for the moment
[10:41] {Threei}  how is it short?? :)
[10:42] {Geo} then confused about .07
[10:42] {Threei}  I was answering magoo's question about Qs
[10:42] {Geo} ahhhhh
[10:42] {Geo} i saw the big PRU
[10:42] {Geo} sorry
[10:42] {Geo} i need coffee
[10:42] {Threei}  1:1 btw, Qs
[10:42] {Geo} drat
[10:43] {Geo} still frantically scanning pru
[10:44] {Chaeron} sorry Geo... my fault
[10:44] {Threei}  anyone took that Qs?
[10:44] {magoo} looking for more vad
[10:44] {magoo} .30 area
[10:44] {Geo} nah..... getting scatterred here
[10:44] {magoo} me
[10:44] {Threei}  maybe mags... but do me a favor
[10:45] {Threei}  sell half
[10:45] {magoo} nope
[10:45] {Threei}  sigh
[10:49] {lisa_jay} gg vad
[10:50] {magoo} sigh its still scalpers mkt only i guess
[10:53] {magoo} out .30 vad TY
[10:53] {peterg} .30
[10:54] {lisa_jay} nice
[10:54] {peterg} just remarking, not making; nice mag & vad
[10:54] {magoo} finally out DRYS .73
[10:54] {magoo} TY vad
[10:55] {dino} yum hl l .50
[10:55] {dino} stop .23
[10:56] {Threei}  welcome mags
[10:56] {dino} dji wants flat imo
[11:05] {Geo} eked out 7o bucks today
[11:05] {Geo} need to leave 11:30 for kids recitals.....
[11:06] {magoo} well thats roughly $35/hour
[11:06] {Geo} not bad i guess
[11:06] {Geo} half the autoworkers
[11:06] {Threei}  lol
[11:06] {Threei}  in DRYS half lot ..69
[11:06] {Threei}  stop under .60
[11:06] {Threei}  counting on another leg up QQQQ
[11:07] {Threei}  half out .81
[11:08] {magoo} waiting .95
[11:08] {magoo} kicjng
[11:17] {Threei}  holding well this time while Qs retreat
[11:17] {Threei}  ideally, we would get sharp spike in the market now
[11:17] {Threei}  that would have sent DRYS rocketing
[11:18] {dino} feels like whoosh lower
[11:18] {Threei}  yeah
[11:19] {Threei}  anyway, stop is under b/e on second half
[11:19] {dino} sso s hl .50. stop .76
[11:20] {Threei}  out
[11:23] {dino} yum stopped -.17
[11:33] {dino} yum rinsed
[11:42] {dptl} .
[11:50] {Threei}  ‘Should I be worried about Bear Stearns in terms of liquidity and get my money out of there?’ No! No! No! Bear Stearns is fine! Do not take your money out. … Bear Stearns is not in trouble. I mean, if anything they’re more likely to be taken over. Don’t move your money from Bear! That’s just being silly! Don’t be silly!” —Jim Cramer, responding to a viewer’s e-mail on CNBC’s Mad Money, March 11, 2008
[11:51] {wishbone} lol
[11:51] {Threei}  6 days before collapse
[11:51] {dino} cov sso .26, +.24
[11:52] {Threei}  [A]nyone who says we’re in a recession, or heading into one—especially the worst one since the Great Depression—is making up his own private definition of ‘recession.’” —Donald Luskin, The Washington Post, Sept. 14, 2008
[11:52] {magoo} where'd u find that?
[11:52] {Threei}  The day after Luskin’s op-ed, “Quit Doling Out That Bad-Economy Line,” appeared in the Post, Lehman Brothers filed for bankruptcy, and the rest is history.
[11:53] {Threei}
[11:56] {dino} geoy l hl .51
[12:02] {Threei}  DRYS returns to 9 for the 3rd time
[12:09] {Threei}  F...
[12:09] {Threei}  and I mean stock symbol, not what you just thought
[12:09] {dino} hey!
[12:09] {Threei}  lol
[12:09] {magoo} F U lol
06[12:10] * Threei slaps magoo around a bit with a large Dictionary of Decent Words
[12:12] {magoo} in russo?
[12:13] {Threei}  nope
[12:13] {magoo} germanic?
[12:14] {magoo} [12:13] {Threei}  nope
[12:15] {dino} canadianese?, lol
[12:19] {Threei}  DRYS is going to break this time
[12:20] {KSystems} you buying it?
[12:20] {Threei}  9.05
[12:20] {Threei}  if getting hit
[12:20] {Threei}  with stop under .90
[12:22] {Threei}  come on, move
[12:23] {Threei}  - Reminder: Honda made a similiar announcement earlier today, cutting production by 119K units{F HMC TM}
[12:24] {Threei}  offering half .20
[12:28] {Threei}  half out .17
[12:28] {Threei}  just to decrease risk
[12:28] {Threei}  still feel it's upward bound
[12:29] {Threei}  stop just under 9 for the balance
[12:30] {ese} outta here for the weekend all see next week 
[12:30] {Threei}  take care ese
[12:30] {Threei}  stay safe in the snow
[12:30] {ese} see ya vad
[12:30] {wishbone} cya ese
[12:31] {patience} i don't have snow vad, there will be no snow....
[12:31] {wishbone} its raining here patience
[12:31] {Threei}  I hope
[12:31] {patience} exactly wishbone
[12:34] {Threei}  come on DRYS
[12:37] {Threei}  offering 1/4 .28
[12:37] {Threei}  taken
[12:38] {Threei}  last part don't know yet
[12:38] {Threei}  .45 feels about right
[12:38] {dptl} .47 :)
[12:38] {Threei}  okay :)
[12:39] {Threei}  lol, hit .45 exactly but haven't took out my offer
[12:39] {Threei}  out .35
[12:39] {Threei}  me happy
[12:40] {Threei}  who followed?
[12:40] {KSystems} i was shaken out when it touched .99
[12:40] {dptl} hehe won out .30 ty
[12:40] {Threei}  uh, no
[12:40] {Threei}  dp :)
[12:41] {Threei}  sharp spike down, just 1 cents under 9, and lower band came right there for support
[12:41] {Threei}  I usually don't exit that literally
[12:41] {Threei}  typical shakeout
[12:41] {KSystems} i do see it
[12:42] {Threei}  better give it a few cents more, especially considering that first half was secured already
[12:42] {KSystems} i see
[12:42] {KSystems} thanks
[12:42] {Threei}  :)
[12:42] {wishbone} thnxs for the insight vad
[12:43] {wishbone} i've been shaken out like that many times before
[12:46] {Threei}  if you see the pattern repeating that undermines your pwrformance... what do you do? :)
[12:46] {Threei}  have a look at MPP part discussing optimizing your performance
[12:47] {Threei}  deals with exactly this
[12:48] {KSystems} I may have misinterpreted the situation with "dont lower your stop just because it may be triggered"
[12:48] {KSystems} and accepted it
[12:49] {Threei}  okay, let's make this distinction, lest I give an impression I advocate ignoring or discretionary widening the stops
[12:50] {Threei}  last thing you want to do is to move your stop lower simply because you don't want to take a loss
[12:50] {Threei}  what I mean here is the following
[12:50] {Threei}  Now and then you run stats on your trades as discussed in MPP
[12:50] {Threei}  to see if there is a certain pattern
[12:50] {Threei}  repeating itself over and over
[12:51] {Threei}  and taking you our ot trades too soon or too late.
[12:51] {lisa_jay} I think this is why you prefer to use manual stops vs. putting in system.
[12:51] {Threei}  Overtightened stops will for example be obvious if you see that on too many of your trades stock reversed very close to your stop point,
[12:51] {Threei}  just enough to shake you out.
[12:52] {Threei}  You will put your entries and exits on the chart
[12:52] {Threei}  and see what happened after your exit.
[12:52] {Threei}  If most of them did just that - you know your stops are too tight.
[12:52] {Threei}  You run very simple stats thaty show you how your result would look had ttou move a stop a few cents lower
[12:53] {Threei}  You see your profit increasing - you got your answer.
[12:53] {Threei}  This pattern of stocks diving 1-2 cents under your trailed stop and reversing immediately - I saw it way too often,
[12:53] {wishbone} can u print graphs from laser?
[12:53] {Threei}  started looking at charts closer
[12:54] {Threei}  and saw that in cases when stop was touched on sharp spike down
[12:54] {Threei}  and on touch of lowed band
[12:54] {Threei}  lower
[12:54] {KSystems} =bollinger band?
[12:54] {Threei}  they bounced immediately more often than tey continued down
[12:54] {Threei}  yes
[12:54] {KSystems} ok
[12:55] {Threei}  so, I run some paper trades
[12:55] {Threei}  saw the effectiveness of correction
[12:55] {Threei}  and made it.
[12:55] {KSystems} great advise as usual, thank you
[12:55] {KSystems} I am actually on paper for the rest of the year, to sort out things like that
[12:55] {Threei}  oh, it's all in MPP...
[12:55] {KSystems} going to go live in january
06[12:55] * Threei slaps KSystems around a bit with a large Master Profit Plan
[12:55] {wishbone} Vad is this partly why you changed band to 13 and st dev to 1.7?
[12:56] {KSystems} I should read it again
[12:56] {Threei}  just found that setting works better for intraday wishbone
[12:56] {wishbone} ok ty
[12:58] {Threei}  I am about to cry here
[12:58] {Threei}  profitable day again
[12:58] {Threei}  (so far)
[12:59] {Threei}  scared to get out of the house, briicks ough to start dropping from the sky on me
[13:00] {Threei}  lisa... you promised to laugh at my next not funny joke???
[13:00] {Threei}  that ws as it!
[13:00] {magoo} ivve seen a change in your trading vad since reading MTT
[13:00] {lisa_jay} oh....well.
[13:00] {Threei}  sigh
[13:00] {magoo} mtt=magoos trading techniques
[13:00] {Threei}  magoo... sorry, lost me
[13:01] {Threei}  ah
[13:01] {Threei}  that
[13:01] {Threei}  I honestly tried to read it
[13:01] {Threei}  but come on, you could put more in there that drunkenly drawn sketches of beer bottle and naked women
[13:02] {lisa_jay} Do you have any old Russian remedies for warding off evil (jealousy) Vad.  Then just follow it step by step.
[13:03] {Threei}  jealousy of what?
[13:03] {lisa_jay} You said that you were scared to go out of house due to everyday being profitable.
[13:04] {Threei}  well... it's unnaturally long streak
[13:04] {dino} ironically, magoo's always ducking out of the way of (thrown) bricks
[13:04] {Threei}  and I start feeling sometimes that posting those days one after another I start looking like one of those gurus who claim never being wrong
[13:04] {lisa_jay} :-)
[13:04] {Threei}  but hell... record is public in a form of calls in trading logs
[13:05] {Threei}  and yes, I do have recipe
[13:05] {Threei}  or to be exact modification
[13:05] {KSystems} We can quote that as {Threei} [...] I start feeling [...] like one of those gurus [...] never being wrong
[13:06] {Threei}  they say a cure from one woman is another... so to apply it to trading, best cure is do the same
[13:06] {dino} lol ks
[13:06] {wishbone} lol ks
[13:07] {wishbone} spin city
[13:14] {dino} mcd sm s .34
[13:33] {magoo} .
[13:39] {Threei}
[13:39] {Threei}  uploaded a few photos for you
[13:40] {Threei}  chaeron... you specifically asked
[13:40] {Threei}  so I'll pretend that was for you personally, just to make you feel special
[13:40] {dino}  cov mcd .96, +.40
[13:41] {peterg} nice, can almost hear the waves
[13:41] {peterg} nice you too dino
[13:41] {peterg} you worked for it
[13:41] {Threei}  I made a little slide show with just that sound effect :)
[13:41] {dino} ty pete
[13:41] {wishbone} that one wi/ the wave curl is cool
[13:42] {Threei}  but I'll be damned if I know how to upload it
[13:42] {Threei}  whatever I do, only clickable image appears,
[13:42] {Threei}  and won't play after clicking on it
[13:42] {KSystems} what program did you make the slideshow with?
[13:42] {Threei}  Proshow Producer
[13:43] {Threei}  it gave me three files
[13:43] {dino} hmmm, mkt dropped about same time as yesterday
[13:43] {KSystems} which ones?
[13:43] {Threei}  html, swf and fiv
[13:43] {KSystems} i mean, the extension
[13:43] {KSystems} ahh
[13:43] {Threei}  uploaded all three
[13:43] {KSystems} just the biggest one
[13:43] {patience} chart patterns i'm watching have been pretty similar last few days dino
[13:43] {Threei}  fiv
[13:43] {KSystems} u sure its not flv?
[13:44] {Threei}  flv
[13:44] {KSystems} great
[13:44] {KSystems} its the format youtube uses
[13:45] {KSystems} you can upload it there
[13:45] {Threei}  can I upload it to my site?
[13:45] {Threei}  I know it's possible, my videointerview ikn that format
[13:45] {KSystems} yes just upload it
[13:45] {KSystems} it should play
[13:46] {Threei}  ok, trying again
[13:46] {Threei}  to the same folder, will tell when it's there
[13:46] {Geo} back.... we in anything?
[13:47] {Threei}  no
[13:47] {Geo} cool
[13:47] {Threei}  missed nice DRYS trade earlier
[13:47] {Threei}  you missed I mean
[13:47] {Geo} ah well kids recital worth it
[13:47] {peterg} what instrument?
[13:47] {Geo} nah christmas recital singing
[13:47] {peterg} voice instrument
[13:48] {Geo} she is 4
[13:48] {peterg} cute
[13:48] {Threei}  {wishbone} that one wi/ the wave curl is cool
[13:48] {Threei}  [13:42] {Threei} but I'll be damned if I know how to upload it
[13:48] {dino} wmt sm l .06
[13:48] {dino} stop lod
[13:49] {Threei}  wishbone... can't tell you hiow many shots it took to catch that moment :)
[13:49] {wishbone} and it's breaking against the rocks on rhs
[13:50] {wishbone} how close were you....were you using zoom?
[13:50] {Threei}  also had to watch out... position on the top of those rocks gave the bext angle but didn't feel very safe, lol
[13:50] {wishbone} ya i bet lol
[13:50] {Threei}  fairly close
[13:50] {Threei}  and patience scared me with tales of rogue waves
[13:51] {Threei}  KS... uploaded
[13:51] {KSystems} ok  its playing here
[13:51] {KSystems} but it may be because of some extra software i have installed
[13:51] {KSystems} can someone else try as well?
[13:52] {lisa_jay} tofino show..played on my computer too.
[13:52] {Threei}  OK... enjoy then :)
[13:52] {lisa_jay} thanks vad
[13:52] {Threei}  I'll watch it on my belowed big screen tv in dvd format, lol
[13:53] {Threei}  or beloved
[13:53] {Threei}  not sure what I need to do to embed it... when I click it suggests me to download it
[13:55] {KSystems} thats right
[13:55] {KSystems} download it and play it in a media player
[13:55] {KSystems} its not too trivial to embed it
[13:56] {Threei}  well, html file it created opens it embedded on my comp
[13:56] {Threei}  but not when I upload it
[13:56] {patience} very beautiful vad
[13:56] {Threei}  ty
[13:59] {Threei}  oh, and music... I composed and played too
06[14:00] * Threei is thinking, what the heck, bricks are going to drop on my head anyway, might just as well take some more credits
[14:01] {peterg} Im dreaming of a white brickmas
[14:02] {peterg} est. time to complete tofino download; five minutes
[14:02] {Threei}  wow
[14:03] {peterg} must be feature lenght movie hm?
[14:03] {peterg} or computer inhabited by gremlins, etc
[14:03] {Threei}  what are you, on 32K modem? :)
[14:03] {peterg} original 2k
[14:04] {peterg} nah, full bore adsl
[14:04] {Threei}  it's just 33 MB
[14:04] {peterg} well, maybe Ill end up hosting your site in my computer
[14:09] {dino}  out wmt .40, +.34
[14:09] {lisa_jay} nice dino
[14:09] {patience} you're having a good day dino
[14:09] {dino} finally,
[14:10] {dino} dec. hot and cold
[14:16] {Threei}  got a feeling DRYS is preparing surprise?
[14:18] {peterg} up or down?
[14:18] {Threei}  up...
[14:18] {peterg} calling it?
[14:19] {Threei}  tentatively
[14:19] {Threei}  needs market help
[14:20] {peterg} not getting it yet
[14:20] {Threei}  no
[14:21] {Threei}  but if market bounces, .31 long for scalp[
[14:21] {Threei}  with stop under .25 or .20
[14:23] {Threei}  half out
[14:23] {Threei}  .43
[14:23] {peterg} got .08 ty vad
[14:23] {Threei}  :)
[14:24] {KSystems} ok ladies and gentlemen
[14:24] {KSystems} I'm out for the day
[14:24] {Threei}  take care ks
[14:24] {KSystems} Have a great weekend and see you all on Monday!
[14:24] {peterg} K K! 
[14:24] {magoo} bye KS
[14:24] {wishbone} cya ks
[14:29] {dino} cya ks
[14:35] {dino} t & hon raised dividends today
[14:39] {Threei}  see how willing DRYS is?
[14:41] {Threei}  interestinfg scalpable pattern on it
[14:41] {Threei}  huge offer taken out
[14:41] {Threei}  almost always gives quick relatively safe 10-15 cents
[14:42] {Geo} got it
[14:42] {Geo} had missed your last call
[14:43] {Threei}  .42 was latest instance
[14:43] {Threei}  but broke while I typed
06[14:43] * Chaeron slaps laserdave1 around a bit with a large trout
[14:44] {Chaeron} Dave - please DCC
[14:44] {dino} out geoy .82, +.31
[14:44] {Threei}  wtg
[14:44] {dino} took a(w)hile
[14:45] {dino} c'mon, family guy joke
[14:45] {Threei}  gosh
[14:45] {Threei}  now I remember :)
[14:46] {dino} :)
[14:46] {Chaeron} heheh... love Stewie
[14:46] {Threei}  wouldn't get it without explanation :)
[14:48] {dino} funny show
[14:48] {dino} brbv
[14:50] {Threei}  market helps
[14:52] {Chaeron} DCC Dave?
[14:52] {Geo} in
[14:52] {Threei}  from?
06[14:53] * Chaeron slaps laserdave1 around a bit with a large trout
[14:53] {Geo} .7
[14:53] {Threei}  saw that huge offer being taken out?
[14:53] {Geo} y
[14:53] {Threei}  cool beans
[14:53] {dino} oil waking
[14:53] {Geo} loving it vad
[14:53] {Threei}  I hit it too, but I went for scalp type I
[14:54] {Geo} still nursing 200
[14:54] {Geo} out
[14:54] {Threei}  love it when I describe a pattern and you guys utilize it on your own
[14:55] {Threei}  like with those UAUA teleportations
[14:55] {Threei}  tricks that appear now and then on different stocks and are very playable by careful observer
[14:56] {Threei}  CREE
[14:56] {Threei}  - CEO: Expects to benefit from any Obama Administration, state government spending on energy efficiency.
[14:58] {Threei}  so Geo
[14:58] {Threei}  your wining streak continues uninterrupted?
[14:58] {Geo} this is third week
[14:59] {Threei}  good
[14:59] {Geo} averaged 1X for me overall
[14:59] {Threei}  I am looking for someone to get hit by brick rain
[14:59] {Geo} having lower X helps confidence lol
[14:59] {Threei}  so I don't feel alone
[14:59] {Geo} not me
[14:59] {Geo} i was pious at christmas recital
06[15:00] * Geo folds hands and looks sideways
[15:00] {Threei}  you'd better take that .80 break on DRYS
[15:00] {Threei}  worked like charm for a quick scalp again
[15:01] {Geo} slowing down as goal met
[15:01] {Geo} now only will take gold plated blinking light calls
[15:01] {Threei}  I just can't pass free money
[15:01] {Geo} sigh
[15:01] {Geo} 100 at .86
[15:01] {Threei}  I mean, Qs spiking, huge offer at day's high being scrolled through
[15:02] {Geo} beautifull
[15:02] {Chaeron} dang it I knew I shoud have gotten that Platinum Membership like Geo has  with th blinking lights and whistles.
[15:02] {Threei}  virtually guaranteed 5-6 cents in 5 seconds
[15:02] {Threei}  how can I skeip it
[15:02] {Threei}  with market being jerky and sensitive to news that may come out any swcond, I prefer to do type I on these right now
[15:03] {dino} out oxy at .20, +.50
[15:03] {Threei}  wow dino
[15:03] {Geo} dino taking revenge for last couple of das
[15:03] {Threei}  das included?
[15:03] {Geo} das boot !!!
[15:04] {dino} lol geo just lucky
[15:09] {Threei}  I just finished conversation with the luckiest person on earth
[15:09] {Threei}  get this
[15:09] {Threei}  guy phones, old buddy I haven't headr from in about a year
[15:09] {Threei}  says listen,
[15:10] {Threei}  I was terribly busy with some personal stuff, romance got bad, then good, then bad again, in short - total seesaw in personal life
[15:10] {Threei}  and now that I got a chance to look around
[15:10] {Threei}  I hear there is some financial crisis or something
[15:11] {Threei}  could you give me quick breakdown what that's about?
[15:11] {Threei}  I said, you know what... live happily for a few months more, I'll tell you when it's over one way or another
[15:12] {Threei}  I am full of envy
[15:14] {Threei}  okay, no one talks to me... monastery
[15:14] {lisa_jay} Friday evening...
[15:14] {Threei}  happy hour in monastery
[15:15] {Threei}  sen Dodd on TV
[15:16] {dino} who was that rfr calling?
[15:16] {Threei}  lol
[15:17] {dino} i was serious
[15:17] {Threei}  no :)
[15:17] {Threei}  {GM F}
[15:22] {laserdave1} chaeron dcc
[15:31] {dino} vad, gj on the calm/lay-back speech this morning, helped me out
[15:32] {Threei}  :)
[15:32] {patience} dino, you making the 3:40 call?
[15:36] {dino} i just said it to magoo, gun them up at 3:40, let's see
[15:36] {Threei}  dawg, you alive out there?
[15:36] {Threei}  haven't heard from you in a week
[15:38] {dino} here it goes
[15:39] {Threei}  .45 drys
[15:39] {Threei}  huge offer
[15:39] {dino} theres' 50 pts dji
[15:41] {dawg} just getting use to Laser Vad only had it running since Monday but a nice trade in Drys thank you!
[15:41] {Threei}  :)
[15:42] {Threei}  don't hesitate to ask if have questions
[15:42] {Threei}  and bug dave to no end
[15:42] {lisa_jay} Hi Dawg!
[15:42] {dawg} Will do ty
[15:42] {Threei}  getting feel for how powerful that thing is?
[15:42] {dawg} Hi Lisa you have been doing well
[15:43] {lisa_jay} Been distracted a sick kids back to back staying home :-(
[15:44] {lisa_jay} Not much time to trade.
[15:44] {dawg} I know how  that goes Lisa
[15:46] {dino} hows that for a 3:40
[15:46] {patience} yup, they are using the same pattern
[15:47] {dptl} have a good weekend all
[15:48] {lisa_jay} Bye DPTL
[15:48] {Threei}  take care dp
[15:48] {dino} between 12-1:30 they bring them down too patience, look at 5 day
[15:48] {dino} cya dp
[15:49] {patience} i've taken to watching the 10 minute charts to get a better idea of what is happening
[15:50] {dino} i like daily/3 ,in and 5 day 12
[15:50] {dino} in=min
[15:52] {Threei}  going to wrap it up on this
[15:52] {Threei}  thank you all, have a great relaxing weekend
[15:52] {Threei}  see you all on Monday
[15:53] {lisa_jay} Thanks Vad.  Learnt a lot this week.  
[15:53] {Threei}  great to hear Lisa
[15:53] {Threei}  I intend to be here for a few weeks more, before I finally depart to my monastery...
[15:53] {Threei}  so... :)
[15:54] {lisa_jay} Will figure out which monastery...and send Geo and Chaeron with new questions for you.
[15:54] {dino} lol
[15:54] {dino} you aren't going anywhere hot shot
[15:55] {Threei}  make sure they carry a lot of beer, meat and, ummm, deep scientific magazines
[15:55] {lisa_jay} I'm sure they will. 
[16:06] {dino} gn all