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 Vad...got 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} SOURCES FEEL THAT GMAC GETTING CLOSE TO REACHING GOAL OF 75% PARTICIPATION IN $38B DEBT EXCHANGE - CNBC
[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 mistakes.so 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: www.realitytrader.com/disclaimer.htm 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} SOURCES FEEL THAT GMAC GETTING CLOSE TO REACHING GOAL OF 75% PARTICIPATION IN $38B DEBT EXCHANGE - CNBC
[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 mistakes.so 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
