Very nice scalping day. No stellar trades but very consistent and enough to call it a solid profitable one

Session Time: Thu Dec 04 00:00:01 2008

[08:43] {KSystems} You repaired it!

[08:43] {Geo} gm

[08:43] {Threei}  sigh

[08:43] {Threei}  good morning

[08:43] {Geo} no history vad?

[08:43] {magoo} morn

[08:43] {Threei}  hi mags

[08:44] {Threei}  can't tell Geo, was too long since anyone said anythiing

[08:44] {Threei}  you'll have to doscinnect aand reconnect

[08:44] {Threei}  and see if you get this exchange

[08:44] {Geo} got it thanks

[08:45] {magoo} vad..u dothe 11/20 download?

[08:45] {magoo} laser?

[08:45] {Threei}  no

[08:45] {magoo} me neither

[08:47] {Threei}  I need to be dragged into new things, kicking and screaming

[08:47] {magoo} i have to do a system scan, be back in 20 mins

[08:47] {Threei}  that's something normal people schedule for 3 am Sun

[08:52] {magoo} i remember at one point laser was doing a new download every week..what a pain in the arse

[08:53] {Threei}  they were in a development spree :)

[08:58] {dino} gm all

[08:58] {Threei}  dino :)

06[09:00] * laserdave1 slaps magoo around a bit with a large trout

[09:00] {Threei}  gosh

[09:00] {magoo} sheesh

[09:00] {Threei}  someone give this man more sophisticated tools

[09:00] {laserdave1} o hey morning   :)

[09:00] {Geo} not bad

[09:00] {Threei}  he will look more modern

[09:00] {Threei}  room won't smell as fish

[09:00] {laserdave1} u can say whatever excuses u want

[09:00] {Threei}  search engines won't sent fishermen to our site

[09:01] {laserdave1} did u know i actually still look like a caveman?

[09:01] {magoo} dave prob just got home from all nite poker tourny he he

[09:01] {laserdave1} hehe

[09:01] {laserdave1} just up early is all

[09:01] {laserdave1} wonder what the market will give us today?

[09:02] {Threei}  I don't care dave... caveman or not, make sure you have tie on when you enter the room - even if you don't have shirt on

[09:02] {cosmo} just tie one on...

[09:03] {laserdave1} u gys are a bit weird............

[09:03] {laserdave1} just a tie.............

[09:03] {Threei}  we?

[09:03] {Threei}  weird?

[09:03] {Threei}  two questions for ya

[09:03] {Threei}  1. what else is new?

[09:03] {cosmo} if i had a web cam, maybe...

[09:03] {Threei}  2. how does it mean you don't fit in?

[09:04] {Threei}  Geo... could you help him get and learn new tools for slaps?

[09:04] {Threei}  same goes for magoo

[09:04] {Threei}  'let's turn pillow fight into gentlemanly exchange

[09:04] {cosmo} of fish

[09:05] {Threei}  maybe we can fool someone and make them think we are gentlemen

[09:05] {cosmo} from the sea

[09:05] {Threei}  (not much chance, I know)

06[09:05] * laserdave1 slaps Threei around a bit with a large trout

[09:05] {Geo} vad just send em the email you sent me

[09:06] {Geo} i dont have their emails to send them the file

06[09:06] * Geo slaps laserdave1 around a bit with a large roulette wheel

[09:06] {laserdave1} haha

[09:06] {laserdave1} thats good

[09:09] {Threei}  as if I can find it easily

[09:10] {cosmo} MNKD: # MannKind Reports Positive Results from Final Two Pivotal Phase 3 Clinical Studies in Type 1 and Type 2 DiabetesPR Newswire(Thu 8:00am)

[09:10] {KSystems} if you dont find it i can send it to you once more

[09:10] {Threei}  nah I will

[09:10] {Threei}  just later in the day

[09:11] {cosmo} SNDK pr mkt high = 8.20  fwiw

[09:11] {magoo} what? i gotta download something to slapfest

[09:11] {Threei}  no... little file, takes 1 second to replace

[09:14] {Onix} Good morning all

[09:14] {Threei}  onix :)

[09:16] {lisa_jay} Good Morning everyone.

[09:16] {Threei}  lisa :)

[09:17] {hawkfan4} gm all

[09:17] {Threei}  hawk :)

[09:18] {Onix} hi lisa; hawk

[09:20] {Threei}  12/03/08 07:54pm

[09:20] {Threei}  [SNDK] Sandisk Corp Toshiba spokesman reiterates company has no intention to buy Sandisk

[09:20] {Threei}  - Note: Shares of SanDisk soared more than 25% Wednesday on speculation that Toshiba was considering buying it.

[09:21] {cosmo} oh

[09:21] {cosmo} needs to hold 8

[09:29] {ese} good morning

[09:29] {Threei}  ese :)

[09:29] {dino} giddy-up

[09:30] {Onix} hi ese

[09:31] {Threei} Long Setup:  C  .76 if stays above .65

[09:32] {ese} hey onx

[09:33] {Onix} in .76

[09:34] {Threei}  .60 and .50 are valid support levels as well, I just want to keep the tightest and re-enter if new setup forms

[09:34] {wishbone} gm all

[09:34] {magoo} in .75

[09:34] {Threei}  wishbone :)

[09:34] {magoo} bone:)

[09:35] {Onix} hi wishbone

[09:36] {wishbone} mornin' onix

[09:36] {wishbone} magoo

[09:37] {Threei}  watching AMZN for pullback

[09:37] {dino} fdo l .50

[09:40] {ese}  L YRCW .20   barely

[09:40] {magoo} GS should pull up C

[09:41] {Threei}  not much of pullback on AMZN

[09:41] {Threei}  I hoped for 47.50 at least

[09:41] {magoo} nutso strong

[09:42] {Threei}  decide if you want to take scalp or partial out on C

[09:42] {Threei}  my choice is partial

[09:42] {magoo} im waiting .97

[09:42] {Threei}  half out .88

[09:43] {magoo} OUT TY

[09:43] {Threei}  welcome sir

[09:43] {Threei}  1/4 more out

[09:43] {Threei}  a bit too sharp spike

[09:43] {peterg} gd morning!

[09:43] {Threei}  peter :)

[09:44] {Threei}  out in full

[09:44] {Geo} all out .98 vad

[09:44] {Geo} TY

[09:44] {dino} out fdo .82, +.32

[09:44] {Threei}  geo :)

[09:44] {Threei}  onix?

[09:44] {Onix} out last 1/4 .98

[09:45] {Onix} ty vad

[09:45] {Threei}  cool

[09:45] {Threei}  yw

[09:45] {magoo} nice work guys

[09:45] {dino} gj

[09:46] {wishbone} sweet

[09:51] {ese} out YRCW  .52 +.32  lot and a 1/2

[09:52] {Threei}  wtg

[09:52] {ese} tks vad

[09:52] {Threei} Short Setup: DELL  .24 if stays below .35

[09:52] {ese} orginally 1/2 lot but when i saw the momentum added the other lot

[09:53] {dino} nice es

[09:53] {ese} tks dino

[09:56] {magoo} kiss of death

[09:56] {magoo} cramer called dow 73590 was the low

[09:57] {magoo} 7350

[09:57] {hawkfan4} we're doomed

[09:57] {ese} YRCW....nice move ...made it to 6.00

[09:58] {dino} yeah magoo he called july low the low, then oct low the low, now nov.; eventually he will be right

[09:58] {hawkfan4} exactly dino, even a broken clock...

06[09:58] * Geo slaps magoo around a bit with a large grandfather clock

[09:59] {hawkfan4} lol

[09:59] {dino} lol hawk

[10:00] {Threei}  OCT FACTOR ORDERS: -5.1% V -4.5%E

06[10:00] * magoo slaps Raven around a bit with a large trout

[10:00] {dino} shocking

[10:02] {Raven}  hey!

[10:03] {lisa_jay} All bad eco data being bought.

[10:03] {Threei}  no kidding

[10:03] {magoo} shot a few crows last week..was thinking of u lol

[10:04] {Geo} awwww

[10:04] {cosmo} old crow?

06[10:04] * Geo is glad he is faaaar away from magoo

[10:05] {peterg} in DELL or watching

[10:05] {Threei}  it never triggered

[10:05] {peterg} rt

[10:05] {Raven}  sheesh

[10:06] {Threei} Long Setup:  CBST  small shares .45 if stays above .20

[10:08] {Threei}  UAUA

[10:09] {Threei}  watching for pullback entry

[10:11] {Threei}  quick dive into .30

[10:12] {Threei}  WHITE HOUSE PRESS SEC: HAS NO COMMENT ON REPORT OF NEW TREASURY PROGRAM FOR MORTGAGES

[10:12] {Threei}  - says the Treasury is considering alot of different ideas related to mortgages

[10:12] {Threei}  - Reminder: on 12.03 WSJ reported that US Treasury considering plan to stop housing prices from falling further, through lowering mortgage rates with FNM and FRE. The plan could reduce rates for newly issued loans to as low as 4.5%

[10:13] {magoo} mkts weak here

[10:14] {Threei}  volume is distributed kind of evenly throughout ups and downs

[10:14] {Threei}  hard to gauge the mood

[10:14] {Geo} dell invalid vad?

[10:14] {Threei}  yes

[10:21] {Threei} Short Setup: RIMM  38 break if stays below 38.20

[10:21] {Threei}  reverse the setup if market jumps up

[10:22] {ese} someone take a look at the DRYS 1 min chart...if it breaks 4.20  it may go for a bit.....opinions

[10:22] {Threei}  looks right to me

[10:22] {ese} bumped up agains 4.20 3 times now

[10:22] {dino} fdo l .60

[10:23] {ese} b stop .22 DRYS

[10:24] {ese} high of the day

[10:24] {magoo} lonmg rimm .16

[10:24] {wishbone} in rimm

[10:24] {Geo} in

[10:25] {Geo} .22

[10:26] {magoo} magoo lights fire under naz butt

06[10:26] * Threei pours gasoline in that fire

06[10:26] * Geo gets the marshmellows

[10:27] {Threei}  decide between scalp and partial around .40 - .45

[10:27] {magoo} magoo rolls around on ground..threei hit him with a lil gas by accident

[10:27] {Geo} that stinks magoo

[10:27] {Threei}  accident?

[10:27] {Raven}  {----------- pours more gasoline on the crow shooter

[10:28] {Threei}  there you go

[10:28] {peterg} out Rimm for +.14 ty

[10:29] {dino} dino walks away

[10:29] {Threei}  welcome

[10:29] {peterg} RIMM again?

[10:29] {Threei}  market dependent

[10:29] {peterg} chk

[10:30] {wishbone} rimm out +.11 then stoopped for rest

[10:31] {Geo} still in.... didnt take scalp

[10:31] {Geo} vad?

[10:31] {Threei}  in

[10:31] {magoo} im in 

[10:31] {magoo} but do u thingy

[10:31] {Geo} yeah i figured

[10:31] {magoo} thinking .80 area

[10:31] {Geo} too busy gifhting fireside lol

[10:31] {magoo} needs market

[10:31] {Onix} in rimm .22

[10:32] {Geo} fighting

[10:32] {dino} fdo stopped -.22

[10:36] {Onix} half out rimm .42

[10:36] {Geo} nice

[10:36] {Onix} ty

[10:36] {Geo} i chechened and exited half on previous high

[10:36] {Geo} chickened

[10:37] {Threei}  out in full

[10:37] {Threei}  .41

[10:38] {magoo} waiting .63

[10:39] {magoo} but could exit anytime

[10:40] {magoo} should make it

[10:41] {Geo} amzn going to high

[10:41] {dino} layn l .22

[10:43] {magoo} out rimm here .67

[10:43] {magoo} oops.45

[10:44] {magoo} duh

[10:44] {magoo} thanx vader

[10:44] {Threei}  :)

[10:46] {Geo} wow

[10:46] {Geo} hadnt pulled cbst

[10:47] {Geo} just got targets filled

[10:47] {Geo} lol

[10:47] {ese} casual trading here...noticed my bstop was hit L DRYS .23

[10:49] {patience} no trading here, not my market yet

[10:52] {dino} fdo l .00

[10:52] {ese} definately the wrong way to trade.......was looking at and reading stuff  and didn't even notice I was hit

[10:53] {ese} out DRYS .44

[10:53] {ese} + ,21   3/4 lot

[10:53] {wishbone} nw

[10:54] {Geo} grmnstrong

[10:54] {Geo} heh grmn strong

[10:56] {ese} you get the feeling that DRYS is big time oversld.......like eveything else

[10:59] {Threei}  QQQQ pullback under .70 for long entry

[11:00] {Threei}  ideally, .60 - .65 zone

[11:02] {Geo} stop?

[11:03] {Threei}  it's not there yet...

[11:03] {Threei}  scenario I am looking for is .60 holding and providing support for a stop placement

[11:04] {Geo} ok

[11:04] {dino} you need a waitress w/that order vad, :)

[11:04] {Geo} .61 is close

[11:07] {Threei}  US SEN SHELBY COMMENTS THAT HE IS OPPOSED TO BAILOUT OF THREE AUTOMAKERS, CONCERNED THAT ORIGINAL PRICE TAG OF $25B HAS INCREASED TO $34B IN SHORT PERIOD OF TIME

[11:07] {Threei}  - Reminder 11/18 :Senator Shelby: There is pretty much nothing the heads of the Big Three can say to convince me they deserve a bailout

[11:07] {Threei}  first strength from here

[11:09] {Threei}  still unclear

[11:10] {dptl} good morning all

06[11:10] * magoo slaps dptl around a bit with a large trout

[11:10] {Threei}  hi dp

[11:10] {dptl} :)

[11:12] {Threei}  still unclear.50 break if holding above .45

[11:13] {Threei}  if loses .45, not sure

[11:13] {Threei}  in

[11:13] {Threei}  .43 - .44 stop

[11:14] {magoo} in.51

[11:14] {magoo} where u in

[11:14] {Threei}  .50

[11:14] {wishbone} in .5

[11:14] {magoo} grrrrrr

[11:14] {peterg} me .52

[11:15] {Threei}  half out .60

[11:16] {Threei}  stop .49, offering .69

[11:17] {lisa_jay} 10c in Q's Thanks Vad.

[11:17] {Threei}  :)

[11:20] {magoo} waiting .68

[11:20] {ese} have a great day all ...gota go

[11:20] {magoo} u to es

[11:20] {ese} see ya mags

[11:22] {Threei}  taje care ese

[11:22] {magoo} out .68 TY boss he he

[11:22] {Threei}  easy money

[11:23] {wishbone} q's +.11, +.17 ty3i

[11:25] {Threei}  :)

[11:25] {peterg} ty vad, made some. but desperately need patience training, to wait for best or better price

[11:26] {peterg} I am classic example of fear limiting upside movement

[11:27] {wishbone} workin' on same thing pterg...like the profit..hate the pullbacks

[11:27] {wishbone} peterg

[11:27] {peterg} Current solution: increase share size, cuz I can only stay in so long

[11:27] {Geo} wo

[11:28] {Geo} dont know if thats a good one peter

[11:28] {peterg} right

[11:28] {peterg}  exercise caution

[11:28] {peterg} and not insanely large

[11:29] {peterg} bearing risk rules in mind

[11:29] {peterg} this game is for me a stomach game

[11:29] {peterg} how much can stomach take

[11:29] {peterg} very interesting

[11:29] {wishbone} like vad said yesterday...conditioning of mind

[11:29] {peterg} learning to relax while price fluctuates

[11:30] {wishbone} i feel your pain

[11:30] {peterg} thks

[11:30] {peterg} not so much pain, tho, as I think just basic combination of desire and fear.

[11:30] {wishbone} follow vads entry, stop ,exit plan and adjust size to your stop $ tolerance

[11:31] {magoo} hard part is to learn to let your winneres.."win"

[11:31] {peterg} Exactomundo

[11:31] {wishbone} i heard that

[11:31] {peterg} right, too right, magster

[11:31] {Geo} agree magoo... have learned fro you in that dept

[11:31] {peterg} ditto

[11:31] {wishbone} the partial outs help that...easier to let remaining go w/ stop on remander at b/e

[11:32] {peterg} yeah, I seem t o resist doing that

[11:32] {peterg} I dont want to adjust the share size on the little screenie weenie

[11:32] {peterg} and what is half of 500? 250?

[11:32] {peterg} I have to scroll it in?

[11:32] {wishbone} it has helped minimize trading fees cutting into my day

[11:32] {Geo} lol

[11:32] {Geo} i do 300 200

[11:32] {wishbone} i do 200 sometimes 300

[11:33] {peterg} I get it

[11:33] {peterg} I'll try it.

[11:34] {peterg} back in 30, thanks for counsel

[11:36] {Geo} oil is dead

[11:37] {Geo} when is NFP vad?

[11:37] {Threei}  NFP?

[11:38] {Geo} non farm payroll

[11:41] {Threei}  tomorrow 8:30

[11:41] {Geo} have feeling thats why choppy

[11:43] {Chaeron} good morning all

06[11:43] * Chaeron slaps laserdave1 around a bit with a large trout

[11:43] {Geo} hey chaer

06[11:43] * magoo slaps Chaeron around a bit with a large trout

[11:44] {Chaeron} hi Geo, Mags

[11:49] {Threei}  chaeron :)

[12:25] {peterg} ok, 34 minutes of radio silence.

[12:25] {peterg} actually 36

[12:25] {Threei}  lol

[12:25] {Threei}  we are meditating

[12:26] {peterg} a hush fell over the crowd as it stared at the awesome........

[12:26] {Threei}  om mani padme whom

[12:26] {Geo} oh........ vad didnt tell you about the supersecret room

[12:26] {Geo} vad chaer and maggo

[12:26] {Geo} no onle else allowed

[12:26] {peterg} they keep all the really good trades to themselves

[12:26] {Geo} they "meditate"

[12:27] {Threei}  yup... but I have suspicion chaeron leaks them

[12:27] {magoo} i thought i was disconnected

[12:27] {peterg} i checked; ping good

[12:27] {Threei}  otherwise why would no one agree to pay small administrative fee of $99,999.99/month for that room

[12:27] {peterg} vad, that

[12:28] {peterg} s the discounted rate

[12:29] {Threei}  yeah

[12:42] {Threei}  looks like uopward wave is about to start

[12:42] {Threei}  QQQQ, watching for antry around .35

[12:43] {Threei}  and UAUA .50 break

[12:44] {Threei}  ELN

[12:44] {Threei}  HEARING TAKEOVER CHATTER CIRCULATING

[12:49] {Threei}  took .37

[12:49] {Threei}  stop under .30

[13:00] {Threei}  IMF CHIEF ECONOMIST: GLOBAL ECONOMY HAS STEPPED BACK FROM THE BRINK OF ECONOMIC DISASTER

[13:01] {Threei}  stopped Qs

[13:02] {Geo} stopped

[13:16] {Threei}  UAUA is avove 1:1, and looks strong still

[13:17] {Threei}  half out .62

[13:25] {magoo} q worth a shot here long imo

[13:25] {magoo} .21

[13:27] {magoo} .07 stop

[13:40] {Threei}  chaos

[13:41] {Threei}  amazingly enough, one of less chaotic stocks is one that used to be an embodoment of chaos - UAUA

[13:47] {Threei}  1/4 more out .68

[13:51] {magoo} my q long 1:1 here

[13:52] {magoo} out here .35

[13:52] {magoo} + .24

[13:52] {Threei}  wtg

[13:53] {wishbone} nice

[13:54] {magoo} any takes?

06[13:54] * magoo slaps laserdave1 around a bit with a large trout

[13:56] {Threei}  out UAUA in full .75

[13:57] {dino} gj

06[13:58] * Threei slaps KSystems around a bit with a large request to look his dcc

[13:58] {KSystems} *yawn*

[13:58] {KSystems} huh?

[13:58] {KSystems} oh sorry

[13:58] {Threei}  lol

[14:12] {Threei}  didn't expect that from UAUA

[14:13] {magoo} did u expect this................????????//

06[14:13] * magoo slaps Threei around a bit with a large trout

[14:13] {Threei}  sigh

[14:13] {Threei}  ask geo already for that file

[14:14] {Threei}  just how long I am going to get angry e-mails from fishermen "we went to your sitre, there is nothing about fishing!!"

[14:21] {magoo} l aapl small .40

[14:25] {peterg} made .11 tks mags

[14:26] {magoo} gj

[14:27] {magoo} my exit with mkt help is around 93

[14:27] {magoo} stop 92.03

[14:29] {peterg} thks

[14:29] {peterg} strategy helpful

[14:30] {peterg} if im ever to get beyond hit and run scalping, which I do enjoy

[14:31] {peterg} back in hr

[14:35] {magoo} 93

[14:35] {magoo} out

[14:36] {magoo} ty vad

[14:36] {Threei}  ?

[14:36] {wishbone} nw

[14:36] {magoo} for trade

[14:36] {Threei}  I'll take credit if you insist

[14:37] {Threei}  but let it be on record, I resisted

[14:37] {Geo} not very hard though

[14:38] {Threei}  no, I am too lazy for that

[14:39] {Threei}  CEO: IF SALES ASSUMPTIONS HOLD TRUE, GM WILL NOT BE BACK ASKING FOR MORE AID FROM CONGRESS

[14:45] {magoo} jeez..look at qqqq

[14:46] {dino}  drop-ola

[14:46] {dino} like gm's sales assumptions ever hold true

[14:47] {Threei}  DOE SPOKESMAN: THE DOE HAS NOT REJECTED LOAN APPLICATIONS FROM AUTOMAKERS, REFUTING PRIOR STATEMENT FROM SEN CORKER

[14:47] {Threei}  - DoE had informed the automakers that their loan applications were incomplete.{GM F}

[14:48] {dino} casy

[14:48] {Threei}  can you believe all the scrutiny these guys go through for a fraction of money given to banks with not as much as page of a plan?

[14:52] {dino} but., aside from the banks, .why should they get it? whatever happened to capitalism? whatever happened to "pride"? these guys have turned into beggers.

[14:52] {dino} where does it end i guess is my question

[14:52] {Geo} i dont think its just these guys

[14:53] {Geo} the entitlement culture is widespread

[14:53] {Geo} i watch the kids in amazement....

[14:53] {Geo} no wars does that

[14:53] {dino} thats the problem, it's the new america, "not my fault" and don't hurt anyones feelings

[14:54] {Geo} one has to see bad times to appreciate the good ones really

[14:54] {Geo} i am amazed how i have to walk on egshells when i go to kids school

[14:54] {dino} responsibility is not required anymore

[14:54] {dino} discipline frowned on

[14:55] {dino} what do they expect

[14:55] {Geo} the touchy feely is killing me.....

[14:55] {Threei}  no kidding

[14:55] {dino} indeed, it is ruining us

[14:55] {Threei}  political correctness

[14:56] {Threei}  no one is ever wrong

[14:56] {dino} touchy feely, entitlements, no responsibility

[14:56] {Geo} so i had an interesting conversation wit my dishnetwork guy

[14:56] {Geo} was about 50 and was on my roof

[14:56] {Geo} he complained his kids or anyone didnt want to work hard anymore..... and california was doomed

[14:57] {Threei}  worst aspect of all this is, decades of excess created a situation where consequences of bailing them out or letting them fail are equally horryfing

[14:57] {dino} it's that way here too

[14:57] {Geo} he kept lamenting how manual labor wasnt cool anymore

[14:58] {patience} labourers start at $20/hr and good luck finding someone

[14:59] {Geo} so his definition was..... if you see a white guy in los angeles making something... thats recession

[14:59] {Geo} if he actually does manual labor.... its depression

[14:59] {Geo} lol

[14:59] {dino} lol

[15:00] {Geo} and i thought about it........ i dont see any

[15:01] {Geo} the story if USA has been belttightening and winning against any odds

[15:01] {Geo} last 30 years that story has been lost

[15:01] {Geo} anyway... ill stop my lament

[15:02] {Threei}  and this is the last pillar of what used to be capitalism

[15:02] {Threei}  the rest went down that road even earlier

[15:02] {Geo} exactly

[15:02] {Threei}  first time in my life I am glad I am not 20 anymore

[15:02] {Geo} man just when i beg borrow steal and show up here... they change the game

[15:02] {Threei}  I don't want to see what happens 40 years down this road

[15:03] {dino} thats what gets me geo, the rule changes. they were fine for them to make millions, but now it's unfair

[15:03] {Geo} privatization of reward..... socializatin of risk

[15:04] {Geo} you know but i really belive its always socialist at the top

[15:04] {dino} it is, it's the academics

[15:04] {Geo} capitalism is a stick to beat others with

06[15:05] * Threei slaps Geo around a bit with a large Communist Manifesto

[15:05] {Threei}  A spectre is haunting Europe -- the spectre of communism.

[15:05] {Geo} i mean think about it....... we alwyas want markets in agrarian countries to open up without giving up farm sunsidies

[15:06] {Geo} my boss keeps quoting..... remember this is the best country money can buy

[15:06] {Geo} lol

[15:06] {dino} we just lost 200 pts in 20 minutes

[15:06] {Threei}  with no news

[15:06] {Geo} money flying to bondd

[15:06] {Geo} day high

[15:06] {Threei}  watching UAUA for bounce

[15:08] {dino} the tlt is amazing me, with this spending. just a matter of time and it collapses

[15:09] {Threei}  SLW

[15:09] {Threei}  bounce candidate

[15:10] {Threei}  in

[15:10] {Threei}  stop eiether ridiculously tight, right under .20,

[15:11] {magoo} wherre?

[15:11] {Threei}  or a little more sane, like .15

[15:11] {Threei}  .21

[15:11] {magoo} .22

[15:12] {wishbone} .22

[15:12] {Geo} took uaua for .1

[15:12] {Threei}  :)

[15:15] {magoo} out slw .20

[15:15] {magoo} mkt crashing

[15:19] {Geo} out slw

[15:20] {Geo} made 1.5x.... dont want to spoil that

[15:20] {Geo} -.02

[15:22] {Geo} dod? you see that vol spike on NQ va

[15:22] {Geo} do you vad ? lol

[15:23] {Threei}  volume increases

[15:23] {Threei}  I don't see any outstanding spike

[15:23] {Threei}  15:07 is one more or less

[15:23] {Geo} y

[15:32] {wishbone} vad...still in slw?

[15:33] {Threei}  yeah

[15:33] {Threei}  scalping UAUA on bounces meanwhile

[15:33] {Threei}  observe it a little, it's quite obeying

[15:33] {Geo} unlike us.... vad sticks to his stops

[15:34] {magoo} uaua entry?

[15:34] {Threei}  can't give it in time

[15:34] {Threei}  either you get a feel for it or stay away

[15:35] {Threei}  this is good point for market to bounce

[15:35] {Threei}  if it doesn't use it, can drop like a stone

[15:35] {Threei}  so it better

[15:38] {dino} bday -317

[15:38] {dino} never see +317

[15:38] {dino} 3:40 bounce time coming

[15:38] {Threei}  ok market

[15:38] {Threei}  now or never

[15:40] {Threei}  out SLW

[15:40] {wishbone} out -.09

[15:41] {magoo} q lonmg bounece vad}/

[15:41] {Threei}  feels to me yes but I prefer to scalp UAUA

[15:41] {Threei}  got 14 cents

[15:42] {Threei}  SEN DODD: HOPES CONGRESS CAN PUT SOMETHING TOGETHER IN NEXT 1-2 DAYS TO ASSIST AUTOMAKERS

[15:44] {dino} thers the 100 pt bounce

[15:44] {dino} theres

[15:44] {magoo} nuts

[15:44] {Threei}  you took anything for bounce mags?

[15:44] {magoo} aapl fom .40 to .84

[15:44] {Threei}  kewl

[15:44] {magoo} 500

[15:44] {Threei}  even kewler

[15:45] {magoo} watching amzn here,,u?

[15:45] {Threei}  no

[15:45] {Geo} man the last hour is the hour of power these days

[15:45] {magoo} i dont have a read on UAUA

[15:45] {magoo} need a call on that

[15:45] {Threei}  UAUA is a beautiful scalping vehicle

[15:46] {magoo} where u entering? like .14

[15:46] {Threei}  it changes all the time mags...

[15:46] {magoo} i just dont see it

[15:46] {Threei}  last one was .28 - .39

[15:46] {Threei}  observe it a bit, papertrade a few times, you'll get a feel for it

[15:47] {Geo} laser has papertrade/

[15:47] {Geo} ?

[15:47] {Threei}  ?

[15:47] {Threei}  you have paper?

[15:47] {magoo} ???

[15:47] {Geo} no

[15:47] {Geo} so asking

[15:47] {Threei}  I'll try again...

[15:47] {Threei}  you have paper, as in paper sheet? :)

[15:47] {Geo} sheesh

[15:48] {Geo} medieval

[15:48] {Threei}  come on

[15:48] {Threei}  not everything must be so technologically advanced

06[15:48] * Geo takes out his iphone

[15:48] {Threei}  mark mental entry

[15:48] {Threei}  marke mental exit

[15:48] {Threei}  how hard can it be? :)

[15:54] {Threei}  one more leg down UAUA

[15:54] {Threei}  for entry

[15:54] {Threei}  or uptick from here if market jumops

[15:54] {Threei}  this is usually its variables

[15:55] {Threei}  gotta be very fast with it

[15:56] {magoo} dam..went for it at .20 missed fill

[15:56] {Geo} in .22 out .39

[15:56] {Geo} 500 sh

[15:56] {Threei}  try to give it couple cents when you decided on an entry zone

[15:56] {Threei}  .22 was it

[15:56] {Threei}  geo got it

[15:56] {Threei}  I mean your idea of entry was right

[15:56] {Geo} see i did 500 paper trades

[15:56] {Threei}  just give it couple cents abiove market for entry

[15:57] {Geo} as in stop limit?

[15:57] {Threei}  right

[15:57] {Geo} yeah that what i did 

[15:57] {Geo} coDol TY v

[15:57] {Geo} COOL

[15:57] {Geo} oops

[15:57] {Threei}  its manner to teleport lraves you behind if you try for too exact entry

[15:57] {Threei}  lraves = leaves

[15:58] {Threei}  getting a feel for it mags?

[15:58] {dino} mscc

[15:58] {magoo} weird vad..i hit aapl 3 for 3..easy to  see for me

[15:58] {magoo} but cant get UAUA

[15:58] {Threei}  okay :)

[15:58] {Threei}  stay with what you can read

[15:58] {Geo} i think magoo reads aapl amazing

[15:58] {Threei}  pretty much

[15:59] {Threei}  AAPL, AMZN, RIMM

[15:59] {Geo} real laid off 7%

[15:59] {Threei}  these stocks can be amazingly readable

[15:59] {Threei}  not always but often

[15:59] {magoo} my last aapl was back in 90.14 out .74 

[15:59] {Threei}  back in 1990?

[16:00] {magoo} huh?

[16:00] {Threei}  [15:59] {magoo} my last aapl was back in 90

[16:00] {Threei}  pulling you leg

[16:00] {Geo} ummmm

[16:00] {Threei}  okay guys

[16:00] {wishbone} good nite all

[16:00] {Threei}  not a stellar but fairly nice day

[16:00] {Geo} excellent day vad....... thanks

[16:00] {lisa_jay} Thanks Vad.

[16:00] {Threei}  thank you all

[16:00] {Threei}  have a good evening

06[16:01] * peterg slaps Threei around a bit with a large trout

[16:01] {Threei}  see you tomorrow

[16:01] {peterg} yhou too vad

06[16:01] * Geo slaps Threei around a bit with a large wad of cash

[16:01] {Threei}  that's a slap I love

[16:01] {magoo} ty all..i may be out chasing ole mopssybackl smokey ghost tomorrow

[16:01] {peterg} geo,  gimme somma dat

[16:01] {Threei}  do away with that obsolete trout already

06[16:01] * magoo slaps Threei around a bit with a large trout

[16:01] {dptl} have a good evening all

[16:01] {peterg} i shall always cherish and use the fish

[16:01] {Threei}  dp :)

[16:01] {Geo} email me and ill reply back with file and instructions

[16:02] {Threei}  I'll edit it off the log geo

[16:02] {Threei}  lest you get wave of spam :)

[16:02] {Geo} sure.... thanks vad

[16:03] {Threei}  fish is good peter, but look at this:

[16:03] {peterg} nite all; emailed geo thanks

[16:03] {peterg} wating

[16:03] {magoo} how we update??

06[16:03] * Threei slaps peterg around a bit with a large book of modern slaps, technologically advances and overall awesome

[16:03] {peterg} Im gonna get me one too vad

[16:03] {Threei}  give geo your e-mail mags

[16:04] {peterg}  i want to hit people with a turquois 57 chevy impala convertible

[16:04] {peterg} i means slap of course

[16:04] {peterg} nite all

[16:05] {magoo} dcc geo

[16:05] {dino} gn all