Friday, October 31, 2008

Oct 31 2008

One of those "can do no wrong" days. A lot of good plays, funny and relaxed conversation in the room, and even some really really bad poetry. What's not to enjoy.

Session Time: Fri Oct 31 00:00:00 2008

[08:32] {hawkfan4} good morning
[08:33] {magoo} mornink comrades of the revolution
[08:34] {hawkfan4} mags :)
[08:35] {magoo} u guys make good bling yesterday?
[08:36] {hawkfan4} yeah, decent day scalping the qqqq's pretty much. vad had some good calls
[08:38] {cosmo} qqqq is a good growth stock right now
[08:40] {magoo} markets close up or down and how much?
[08:41] {hawkfan4} dow +190, comp +41
[08:41] {magoo} ty eagle...er, um hawk:)
[08:41] {magoo} eaglefan?
[08:43] {hawkfan4} da bears...
[08:51] {Onix} Good morning all
[08:54] {patience} good morning onix and rt :)
[09:00] {Onix} hi patience
[09:05] {lisa_jay} Good Morning everyone....Happy Halloween.
[09:06] {Onix} hi lisa
[09:06] {cosmo} my favorite religeous holiday
[09:09] {lisa_jay} Futures down this morning....UAUA, AIRT, AKAM up. Oh Dino's HIG is up too.
[09:09] {ese} morning
[09:10] {Onix} hi ese
[09:10] {lisa_jay} Hi Ese.
[09:10] {ese} onix...lisa
[09:12] {lisa_jay} Is Vad off today?
[09:12] {dino} gm all
[09:12] {lisa_jay} Hi Dino.
[09:12] {ese} dino......
[09:12] {Onix} dino :)
[09:12] {Threei} Good morning
[09:12] {ese} don't think so....
[09:13] {Threei} how's this for grand entrance:
06[09:13] * Threei slaps magoo around a bit with a large trout
[09:13] {ese} could be out in his exercise room he built last year
[09:13] {dino} lisa, my hig? did you know me about 10 years ago?
[09:13] {Threei} rofl
[09:13] {lisa_jay} Maybe...
[09:13] {Onix} Vad :)
[09:14] {dino} i uwas an independent agent, they were my biggest carrier
[09:14] {patience} AIRT, omg, remember the momo on that oe
[09:14] {lisa_jay} Oh, ok.
[09:14] {patience} one
[09:14] {lisa_jay} You were trading it yesterday...
[09:14] {dino} did a 14 year tour of that business
[09:14] {dino} yes
[09:16] {Threei} 08:01am [AIRT] Reports Q2 $0.55 v $0.22 y/y, R $24M (+38% y/y)
[09:17] {peterg} morning & happy halloween
[09:17] {Threei} peter :)
[09:18] {Onix} hi peter
[09:18] {peterg} Onix
[09:18] {peterg} hi
[09:18] {Threei} dino... did I knocked magoo unconscious?
[09:18] {Threei} ummm... only wioth better grammar
[09:18] {peterg} did he get any meat yesterday?
[09:18] {dino} sleeping
[09:18] {peterg} bowhuntg
[09:19] {peterg} people do that in minnesota
[09:19] {cosmo} find a good bow?
[09:19] {peterg} not me
[09:19] {dptl} GOOD MORNING ALL
[09:19] {dptl} OOPS
[09:19] {peterg} not so loud
[09:20] {dptl} sorry :)
[09:20] {peterg} better tks
[09:20] {peterg} little hung over
[09:21] {Threei} wow dp
[09:21] {Threei} THAT'S a grand entrance
[09:21] {dptl} lol
[09:21] {Onix} dp :)
[09:21] {magoo} morn vad
[09:21] {Threei} hi mags
[09:21] {Geo} gm all
[09:22] {peterg} we been talking about you mags-any luck hunting yesterday?
[09:22] {dino} peter tipping a few last night
[09:22] {peterg} hi geo
[09:22] {Threei} geo
[09:22] {peterg} yes fun while it lasted
[09:22] {lisa_jay} Hi Geo.
[09:22] {dino} :)
[09:23] {peterg} aapl dropping
[09:24] {cosmo} AKAM needs to hold 15 imo
[09:24] {cosmo} for the mkt's sake...
[09:25] {magoo} saw a lot of wildlife...but with bow..u gott to get close
[09:25] {magoo} so nuttin ...YET
[09:25] {magoo} saw 2 bears...3 eight pointers
[09:25] {patience} deer on my front lawn every morning and evening dino
[09:25] {patience} oops
[09:26] {patience} ooops, magoo
[09:26] {peterg} same here with deer
[09:27] {magoo} we have alot of bears here
[09:27] {cosmo} neighbors dogs here
[09:27] {patience} we had a black bear in town couple of weeks ago
[09:27] {hawkfan4} the occasional squirrel here
[09:27] {peterg} still screwy neighbors with music?
[09:27] {peterg} bad music?
[09:28] {peterg} occ. fox
[09:28] {peterg} racoons
[09:28] {peterg} turkey once
[09:28] {patience} where are you peter
[09:28] {peterg} minnesota
[09:28] {peterg} right outside minneapolis, our big city
[09:28] {ese} What is this stock RATE.....
[09:29] {hawkfan4} bankrate.com
[09:29] {cosmo} sometimes i get a preening red tail...but no matter
[09:29] {patience} send me a photo of it sometime cosmo
[09:30] {cosmo} i'll try
[09:30] {ese} what is bankrate .com an exchange traded fund of some kind...
[09:30] {cosmo} will let ya know...:)
[09:30] {cosmo} AKAM
[09:31] {dino} mortgage broker i think
[09:31] {dino} i thiught st.com was buying them. i may be wrong
[09:33] {Threei} UAUA loses it's mind again
[09:33] {dino} morn blood
[09:33] {ese} THOR
[09:34] {Threei} wow
[09:34] {Threei} typed UAUA long .11, and it was above .30 while I typed
[09:35] {ese} KLAC could be pull back condidate
[09:37] {dino} mcrs
[09:39] {Threei} Long Setup: HIG .35 break half lot
[09:39] {Threei} stop under .20
[09:41] {Threei} half out .65
[09:42] {magoo} waiting 86
[09:42] {Threei} stop to under b/e
[09:43] {peterg} very nice vad; I hesitated & missed the ride.
[09:43] {Threei} it gave sewcond chasnce, plus minus 2-3 cents
[09:43] {Geo} in .38
[09:43] {peterg} oh yeah
[09:43] {Geo} out .67
[09:43] {Threei} holding well
[09:43] {ese} tks Vad..in .44 out .72 lot and a half
[09:44] {lisa_jay} It actually went to .36 - .37 - I missed too. Sigh.
[09:44] {Threei} wow
[09:44] {Threei} lot anf half on this one
[09:44] {Threei} living on the edge, ese :)
[09:44] {ese} yes indeed......
[09:44] {ese} $381.00 tks nice way to start the day
[09:44] {Threei} I'll say
[09:44] {peterg} wtg ese
[09:45] {patience} i'm trickn and treatn at your house ese, nice
[09:45] {hawkfan4} nice es
[09:45] {Threei} OCT CHICAGO PURCHASING MANGERS INDEX: 37.8 V 48.0E, LOWEST SINCE MAY 2001
[09:45] {ese} take a look at THOR for me Vad
[09:45] {ese} wouldn't do full lot here....not enough volume
[09:46] {Threei} too thin and volatile ese...
[09:46] {Threei} worst thing is, it's not trading smoothly
[09:46] {Threei} no stream of prints
[09:46] {ese} tks
[09:46] {Threei} anything can happen on this kind when burst of prints appears
[09:47] {dino} pru
[09:47] {ese} how KALC on the bounce
[09:47] {Geo} cvs
[09:47] {Threei} look UAUA
[09:47] {Threei} holding well
[09:47] {Threei} I'd say, .50 break long if holding this level
[09:48] {Threei} or aggressively if NQ reverses sharply
[09:48] {Threei} KLAC, a bit too wide swings in a single ba for a relaible readr
[09:49] {ese} tks
[09:49] {dino} pru sm riskly l .60
[09:49] {Threei} RIMM
[09:49] {Threei} CHANNELS CHECKS SUGGEST BOLD WILL BE IN STORES MID-NOVEMBER AHEAD HOLIDAY - BLOGS
[09:49] {Threei} -Verizon has not made a formal annoucement other than saying it hoped to have the Bold in stores by Christmas.
[09:49] {Threei} -The Bold is RIMM's first touch-screen with iPhone like bio-feedback
[09:50] {Threei} UAUA:
[09:50] {Threei} if you went in aggressively, stop under .25
[09:50] {Threei} if waiting for a break, .30 is invalidating level
[09:50] {dptl} l .37 uaua
[09:51] {Threei} half out for agressive here
[09:51] {dptl} yep
[09:51] {Threei} half out for regular here
[09:52] {Geo} all out 30 cents TY vad
[09:52] {Threei} :)
[09:52] {Threei} don't you love them when they work for all styles
[09:52] {Threei} ages
[09:52] {Threei} genders
[09:52] {Threei} hairdresses
[09:53] {Threei} stop to under .35 for the balance
[09:53] {dino} out pru .20, +.60
[09:53] {Threei} wtg dino
[09:53] {dino} ty
[09:54] {Geo} anyone took cvs?
[09:54] {dino} ci dropping
[09:54] {dino} met strongest
[09:55] {Threei} *OCT FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 57.6 V 57.5E
[09:55] {Threei} good... we are confident bunch
[09:55] {dino} risky sm l ci .20
[09:56] {ese} always wondered if those numbers came from the U of M Frat house....
[09:56] {Threei} lol
[09:57] {lisa_jay} CVS Dino, had it on my screen, hesitated (since lack of experience), story of my morning.
[09:57] {dino} good report last night i think lisa
[09:57] {lisa_jay} Sorry that was for Geo....
[09:58] {dino} darn should've held pr
[09:58] {lisa_jay} Yes Dino.
[09:58] {dino} pru
[09:58] {Geo} :)
[09:58] {dino} yes geo and i look alike
[09:58] {Geo} lol
[09:58] {Geo} exceedingly handsome twins
[09:58] {Threei} rofl
[09:58] {peterg} arnold schwarzeneger and danny devito
[09:59] {dino} stop ci -.38
[09:59] {peterg} great movie
[09:59] {Threei} ALTH
[09:59] {Threei} old buddy
[09:59] {Threei} 7 break
[09:59] {Threei} looks exceedingly handsome on daily, to borrow from Geo
[09:59] {dino} rally
[09:59] {Threei} low volume...
[10:00] {dino} lol peter
[10:01] {peterg} leaving ocean of endless possibilities for profit for 2 hrs
[10:02] {Threei} not good peter... dino and hawk will get them all
[10:02] {peterg} true
[10:03] {dino} pru sm l .80
[10:03] {Threei} wow
[10:03] {Geo} BKC vad
[10:03] {Threei} I was first to hit 7, and it seems the only
[10:03] {Threei} and I got only 642 shares
[10:04] {dino} it's our job, don't hate us
[10:05] {Threei} had limit 7.03, no single share above 7
[10:05] {Threei} Long Setup: LLTC .80
[10:05] {dptl} yeah same here got nothing
[10:05] {Threei} 2 days break
[10:06] {Threei} dumped ALTH for a small scalp
[10:06] {Threei} not worth babysitting
[10:10] {Threei} .60 is LLTC support for stop/invalidation
[10:11] {dino} last try pru l sm .20
[10:13] {amarg} hello vad,
[10:13] {Threei} good morning amarg, welcome to the room
[10:13] {Threei} missed couple good ones... gotta wake up earlier :)
[10:13] {amarg} can you give me any outlook on dxd, and how can I setup for some entry or exit points
[10:13] {amarg} ok
[10:14] {Threei} DXD as it stands now is a short at 72 if stays below 72.35
[10:15] {Threei} volatility is very high
[10:15] {Threei} why do you need to mess up with it as your starting point
[10:15] {Threei} 45 minutes into the day, we already had a lot of much safer plays
[10:16] {amarg} well, I have couple of long positions in it, and got hit hard couple of days ago, trying to decide to cut short losses or wait till day end today as it's friday and may be market falls and dxd goes up a little
[10:16] {Threei} let's tighten LLTC to under .70
[10:17] {Threei} I'd expect it to be above 23 by now, don't like such stall
[10:17] {amarg} but if you say short at 72, that is opposite of what I may be wishing, may be its time to take a loss, I don't know
[10:18] {Threei} I don't have comments on longer time frame amarg... market has been making too wide swings
[10:18] {Threei} this is pure daytrading time
[10:19] {amarg} for today's daytrade, do you have some outlook on market's direction?
[10:19] {Threei} with ranges for the day anywhere from 400 to 1000 points, no point in guessing
[10:19] {Threei} amar, that's not how we trade
[10:19] {Threei} why don't you observe for a while
[10:19] {Threei} market doesn't necessary have one direction for whole day
[10:20] {amarg} speaking of which, how to find out what you are trading or others, or should I just watch the conversation for clues
[10:20] {Threei} when I say short at 72, it doesn't mean that's the direction for the rest of the day
[10:20] {Threei} we post it right here
[10:21] {Threei} [09:39] {Threei} Long Setup: HIG .35 break half lot
[10:21] {Threei} [09:39] {Threei} stop under .20
[10:21] {Threei} when you see this kind of alert, that's your guidance
[10:22] {Geo} vsea vad?
[10:22] {Threei} thin...
[10:23] {Threei} look at the spread
[10:23] {Geo} y
[10:24] {Threei} UAUA
[10:24] {Threei} grrr
[10:24] {dptl} jblu?
[10:25] {Threei} .51... if stays above .45
[10:25] {amarg} so that I understand it, HIG is a good entry for long positon at 9.35, if it goes down to 9.20 get out, is there a upside get out indicator as well, I got out
[10:25] {Threei} was, amar
[10:25] {Threei} that was the call at the moment
[10:25] {Threei} we took our profits long ago
[10:25] {Threei} and there was a call to take profit
[10:26] {amarg} ok
[10:26] {Threei} problems with NYSE, be careful
[10:26] {Threei} 10:25:55 ADMIN7 --} (All): NYSE having streetwide issues!!!
[10:26] {dptl} stopped lltc
[10:26] {Threei} yup
[10:27] {dptl} l jblu .51
[10:30] {Threei} for a scalp type I you have 1:1
[10:30] {Threei} and over
[10:30] {Geo} nice dp
[10:33] {Threei} HIG is getting lucrative
[10:33] {Threei} yesterday's low 8.23
[10:33] {dptl} ty
[10:33] {magoo} u short HIG?
[10:33] {Threei} no
[10:34] {Threei} looking for long entry, but want it lower
[10:38] {dino} wanted 8.20 yesterdays low
[10:39] {Threei} fairly uncertain point
[10:39] {Threei} staying on a sideline for now
[10:41] {Threei} the only play I see at the moment is UAUA long on 15 break... would like one more pullback before triggering
[10:41] {Threei} and staying above .80
[10:41] {Threei} half lot, a bit too volatile
[10:42] {dino} met s .20
[10:42] {Threei} if triggers from here, stop is .85
[10:44] {Threei} Long Setup: QQQQ .61 if stays above .50
[10:44] {ese} what was the reason for the HIG tang yesterday?
[10:45] {ese} thats "tank"
[10:45] {ese} 67mil shs...huge vlume
[10:45] {dino} 2 billion write off
[10:45] {ese} whoa.....
[10:49] {Geo} amp dino
[10:50] {dino} cov met .20 flat, won't move
[10:50] {dptl} l uaua .03
[10:51] {Chaeron} Good morning all
[10:51] {Threei} chaeron :)
[10:51] {dino} \amp lower imo
[10:52] {ese} CCCCCHHHHH baby!!!!!!
[10:52] {ese} haven't done one of those lfor awhile
[10:52] {Chaeron} hi guys
[10:53] {ese} toying with GRMN long here
[10:53] {dptl} half out .17 uaua
[10:53] {lisa_jay} Finally Vad, caught one of your plays.. UAUA for .16. Thank you.
[10:53] {Threei} welcome lisa
[10:55] {Chaeron} cmon Q's...
[10:55] {dino} met l .60
[10:57] {dptl} out some more .27 uaua
[10:58] {Threei} good job dp
[10:58] {dino} gj dp
[10:58] {dptl} ty gonna see what last 100sh will bring
[10:59] {Threei} amarg, you observed the play?
[11:02] {dino} out met .83, +.23
[11:04] {dino} geo you were right amp
[11:04] {dino} ci l .75
[11:05] {Geo} looked like yours
[11:05] {amarg} yes
[11:07] {hawkfan4} HIG .53, stop .35, risky as can be
[11:07] {dino} out ci .99, +.24
[11:07] {Threei} chart wise play is right hawk
[11:08] {magoo} mkts real jerky here
[11:08] {dino} whoever thought the insurers would be the movers
[11:08] {hawkfan4} thx vad. now i just need it to teleport to 12 and i can call it a week
[11:09] {Threei} lol
[11:09] {dino} lol
[11:09] {lisa_jay} Took LVS for .15. Thanks Vad.
[11:10] {dino} ci drop
[11:10] {dino} say hi to my sis then
[11:11] {Threei} did I call LVS?
[11:11] {dino} bad joke, but she's hitting vegas today
[11:11] {Threei} not that I mind taking a credit... but still :)
[11:11] {lisa_jay} Nope..but learnt to read QQQQ and stock together from you....
[11:11] {Threei} ahhh
[11:12] {Threei} learning to fish
[11:15] {dptl} still in uaua last 100 , will i mak a buck? lol
[11:15] {dino} amp l .50
[11:16] {hawkfan4} Q's .65, stop .55
[11:16] {magoo} fish???
06[11:16] * magoo slaps Threei around a bit with a large trout
[11:16] {Threei} lol
[11:17] {Chaeron} Q's - in .61, out .81 +$0.20 Thanks Vad
[11:17] {Threei} beautiful
[11:17] {Chaeron} not this early in the morning, but thanks
[11:17] {Threei} magoo
[11:17] {Chaeron} oh sorry... you were calling Magoo beautiful
[11:17] {Threei} do we tolerate this kind of behavior Chaeron just demionnstrated?
[11:18] {Threei} ok, while magoo is thinking...
06[11:18] * Threei slaps Chaeron around a bit with a large trout
[11:18] {hawkfan4} 1/2 out q's +.22
06[11:18] * Geo slaps Chaeron around a bit with a large trout
[11:18] {Threei} wtg hawk
[11:18] {dptl} ok out uaua +.75
[11:18] {hawkfan4} thx
[11:18] {dino} out amp .62, +.12, thx geo beer $
[11:18] {Threei} that's a heck of patience dp
[11:18] {Geo} you gave one to vad for me yesterday
[11:19] {Geo} :)
[11:19] {Chaeron} I'd go to the corner, but dino hasn't cleaned up todays profits and had the armored car come yet
[11:19] {Threei} fantastic job today guys
[11:19] {dptl} fisherman instinct...Vad lol
[11:19] {Threei} I feel my retirement is nearing
[11:19] {Threei} hehe
[11:19] {hawkfan4} q's over 33 looks rockin
[11:19] {Chaeron} yep... out too soon
[11:22] {dino} retirement? no 3i, not in my lifetime
[11:22] {Threei} one more break is coming QQQQ
[11:22] {Chaeron} do we take it?
[11:22] {Threei} for a scalp this time
[11:23] {Threei} if recent patterns hold, it's a pullback time
[11:23] {Threei} and pullbacks are severe these days
[11:23] {Chaeron} .60s?
[11:23] {Threei} at least
[11:24] {Threei} 40s is not out of question either
[11:24] {Chaeron} stalking .40
[11:24] {Chaeron} heh
[11:24] {Threei} see, the way I view it
[11:24] {Threei} from this point on, this day is not as much about money anymore
[11:24] {Threei} as it is about two things
[11:25] {Threei} first being preservation of profits,
[11:25] {Threei} we had amazingly good morning for a Fri of such volatile week
[11:25] {Threei} would be shame to give it back.
[11:25] {Threei} Second being,
[11:25] {Threei} adding a little here and there,
[11:25] {Threei} hunt and peck,
[11:25] {Threei} being very careful,
[11:26] {Threei} traking the safest bets
[11:26] {Threei} cutting losses as quickly as possible
[11:26] {Threei} and looking to grow profits a bit
[11:26] {Threei} still keeping preservation of money made earlier as first and foremost goal.
[11:27] {Threei} so, don't be too pushy
[11:27] {Threei} wait for those trades that prmise easy profits, even if small
[11:27] {Threei} and guarantee you tight stops
[11:28] {Threei} hawk, you out HIG yet?
[11:28] {hawkfan4} was just typing, out +23, waited too long
[11:28] {Threei} +.23 is +.23
[11:29] {hawkfan4} i'll take it
[11:29] {Threei} especially with your 10K lots
[11:29] {hawkfan4} lol :) not in this market
[11:29] {Threei} :)
[11:29] {Threei} WHITE HOUSE CALLS FOR FINANCIAL INSTITUTIONS TO AVOID USING FEDERAL ASSISTANCE FOR PAY PACKAGES AND INCREASED DIVIDENDS
[11:29] {Threei} I don't get it
[11:29] {Threei} how is it even a subject of discussion?
[11:30] {Geo} thats what they have beiong doing
[11:30] {Threei} here is your bailout, here are conditions to use it
[11:30] {Threei} break them, go to jail
[11:30] {Geo} justification is or else they will leave
[11:30] {Geo} my Q is
[11:30] {Geo} where???
[11:30] {Threei} for misappropriation of public funds
[11:30] {dino} because the idiots legislators didn't think tyo put that in the plan
[11:31] {dino} they should leave geo, they caused it
[11:31] {ese} outta here for the weekend....have a good one all......
[11:31] {Threei} sso, they leave
[11:31] {Geo} how will they get the cheese then
[11:31] {Threei} how is it bad
[11:31] {hawkfan4} cya es
[11:31] {Threei} they are the ones who run this into the ground
[11:31] {ese} see ya hawk
[11:31] {Threei} take care ese, have a good one
[11:31] {dino} cya es, have fun
[11:32] {Threei} more than that,
[11:32] {Threei} if they don't leave voluntarily, chase them away
[11:32] {dino} not sure the room wants me ranting again vad
[11:32] {Threei} hehe
[11:32] {Geo} i know they should geo
[11:32] {Threei} watch me crying if Mr. Fuld leaves...
[11:32] {Geo} but they dont heheheh
[11:33] {Geo} hmmmm
06[11:33] * Geo talking to himself
[11:33] {Threei} LVS...
[11:34] {Threei} thing is likely to pull back into one of two supports,
[11:34] {Threei} 12.50 and 12,
[11:34] {Threei} and being on a conservative side, I'd prefer 12 to get interested
[11:37] {hawkfan4} stop to .84 on rest of q's
[11:38] {hawkfan4} out +.19
[11:39] {Threei} if Qs stay under .90, breakdown of .80 is possible short
[11:54] {Threei} LVS bounced perfectly off first resistance... did it in such meek fashion, I'
[11:54] {Threei} d never go for that bounce
[11:58] {dino} oh bother
[12:05] {dino} aiv l .02
[12:09] {Threei} yawn
06[12:09] * Threei slaps laserdave1 around a bit with a large trout
06[12:09] * laserdave1 slaps magoo around a bit with a large trout
06[12:09] * laserdave1 slaps magoo around a bit with a large trout
06[12:09] * laserdave1 slaps magoo around a bit with a large trout
06[12:09] * magoo slaps laserdave1 around a bit with a large trout
06[12:09] * laserdave1 slaps Threei around a bit with a large trout
06[12:10] * laserdave1 slaps Chaeron around a bit with a large trout
06[12:10] * laserdave1 slaps Geo around a bit with a large trout
06[12:10] * magoo slaps patience around a bit with a large trout
[12:10] {Threei} I am still the fastest trigger in the West
[12:10] {patience} magoosky
[12:10] {laserdave1} that was good
[12:10] {magoo} the fattest trigger ?
[12:10] {Threei} 2 seconds between his entry and my slap
[12:10] {dino} kbr l .76
[12:11] {Threei} magoo... you better keep that bow handy
06[12:11] * Geo is polite and not touching anything
[12:12] {Threei} sheesh... just looked what ALTH did after that 7 break
[12:14] {magoo} to busy shooting arrows at raven vad
[12:14] {Threei} Short Setup: QQQQ .69
[12:14] {Threei} if stays under .80
[12:16] {Threei} 1:1 in a hurry
[12:17] {Threei} LVS nears second support
[12:17] {Threei} more interested here
[12:18] {lisa_jay} Was looking to short lvs at .49...it broke it and tanked 30c...sigh.
[12:18] {Threei} that was valid setup
[12:18] {Threei} especially with NQ breakdown
[12:19] {lisa_jay} Yes...wish i was faster at order entry.
[12:21] {dptl} lcc short .20?
[12:21] {Threei} if stays under .30
[12:22] {dptl} ok ty
[12:23] {Threei} dumped last swing part of ARRS
[12:23] {Threei} trade worked for all three time frames
[12:25] {dino} insueres coming back
[12:26] {Threei} [12:33] {Threei} Long Setup: ARRS .32
[12:26] {Threei} [12:33] {Threei} two days break
[12:26] {Threei} [12:33] {Threei} for scalpers stop .24
[12:26] {Threei} [12:33] {Threei} for daytraders .19
[12:26] {Threei} [12:37] {Threei} and for swing traders, under 6
[12:26] {Threei} [12:37] {Threei} scalpers are scalpers, they know where to exit
[12:26] {Threei} [12:38] {Threei} day traders, look to partial closer to .50
[12:26] {Threei} [12:38] {Threei} swing traders, aim for closer to 7
[12:26] {Threei} how about that
[12:26] {Chaeron} very nice...
[12:27] {Threei} now, this is funny, as soon as I posted it:
[12:27] {Threei} [12:26] -RealityTrader.chat.server- *** Notice -- Client exiting: Geo (RealityTra@75.80.35.999) [Connection reset by peer (TCP/IP connection broken)]
[12:27] {Threei} -----------
[12:27] {Chaeron} lol
[12:27] {Threei} geo has complicated relationship with ARRS
[12:27] {hawkfan4} lol
[12:28] {dino} 'ci range wow
[12:28] {Chaeron} he can get help for that... maybe with meds :)
[12:28] {Threei} or counselling
[12:28] {Chaeron} LVS
[12:29] {dino} you need counseling? here
06[12:29] * dino slaps Threei around a bit with a large trout
[12:29] {Threei} that's not counseling... that's abuse
[12:29] {Chaeron} Thanks... he needed that
[12:29] {dino} you softies, sheesh
[12:30] {Threei} lol
[12:31] {Chaeron} LVS - in .26 out - .50... too early.. +$0.24
[12:31] {Threei} good one
[12:31] {Chaeron} as it goes to 13..... thanks
[12:31] {Chaeron} I should just accept I'm a scalper
[12:32] {_oneiron} LVS in .31 out .59 +28
[12:32] {Threei} .31 on the way back up?
[12:32] {Threei} not during the drop?
[12:32] {_oneiron} Yes
[12:33] {Threei} good one then
[12:33] {_oneiron} ty
[12:33] {Threei} very rewarding to see how you guys construct plays from my general comments even when I don't call exact entries
06[12:34] * Threei closes his eyes and sees retirement nearing
[12:34] {hawkfan4} open those eyes up, don't get any ideas...
[12:34] {Threei} lol
06[12:34] * Chaeron slaps Threei around a bit with a large trout
[12:35] {Chaeron} wake up
[12:35] {Threei} I don't want to...
[12:35] {Threei} palm trees sway...
[12:35] {Threei} waves gently hit the sand...
[12:35] {Chaeron} saw a house on the big island for you... $7.5MM... you got that yet?
[12:36] {Threei} that's a whole price or downpayment?
[12:36] {Chaeron} full price
[12:36] {Threei} must be some run down fixer upper...
[12:36] {Chaeron} yeah... but you got that yet???
[12:36] {Threei} lemme look
[12:37] {Threei} OK... I have $3.62
[12:37] {Chaeron} then wake up
[12:37] {Threei} if I wait a bit more, can I count on price dropping there?
[12:37] {Chaeron} heheh
[12:38] {Threei} I coluld probably borrow about $1.24 more
[12:38] {Chaeron} you're still dreaming
[12:44] {dino} lmnx
[12:44] {Threei} JP MORGAN ANNOUNCES IT WILL MODIFY $110B IN MORTGAGES IN AN EFFORT TO 'KEEP FAMILIES IN HOMES'
[12:44] {Threei} - program seeks to prevent 650K foreclosures
[12:47] {dino} more like effort to avoid mark to zero
[12:47] {Threei} not sure how they modify it, but if this is simple write down of the mortgage value,
[12:48] {dino} y, but not to zero
[12:48] {Threei} I wonder how the neighbor feels, one who got second job, cut his spending, and did all he could to keep payments
[12:48] {dino} cash flows worth something
[12:48] {dino} mad as hell
[12:49] {Threei} Long Setup: LVS 13.10
[12:49] {Threei} if stays above 13
[12:50] {Threei} 1:1 in a hurry
[12:50] {Threei} half out
[12:51] {Threei} stop to .04
[12:52] {Threei} 1:2
[12:52] {_oneiron} half out LVS
[12:52] {Threei} capanle of more
[12:52] {Threei} capable too
[12:52] {dino} out aiv .12, +.10
[12:52] {Threei} offering 1/4 at .40
[12:53] {Threei} direct hit
[12:53] {Threei} offering last portion .55
[12:53] {Threei} stop to under .20
[12:54] {_oneiron} holding 1/2 LVS
[12:54] {Threei} trying to outgreed me?
[12:54] {_oneiron} yes..but not out think..
[12:54] {Threei} oh, that part is easier
[12:54] {Threei} since I don't think at all
[12:55] {_oneiron} lol
[12:55] {Threei} nothing but headache and losses, I am tyellin' ya
[12:56] {dino} gj one
[12:57] {dino} as they save, in the end there can only be one
[12:57] {Threei} save?
[12:58] {dino} say
[12:58] {dino} opps
[12:58] {Threei} dino, magoo is pouring beer down your throat or what? :})
[12:58] {Threei} keeping you at gunpoint
[12:58] {dino} i wish
[12:58] {Threei} lol
[12:58] {dino} chicken wings making my typing worse
[12:59] {peterg} barbequed?
[12:59] {dino} no mild fried
[12:59] {dino} good tho
[12:59] {peterg} yum; just had clam chowder
[12:59] {dino} mmm
[12:59] {peterg} on the trading cruise, I want 24 hour restaurant
[13:00] {dino} indeed
[13:00] {Threei} is there any other way to cruise?
[13:00] {dino} when is it vad? or bahamas
[13:00] {Threei} out last portion LVS
[13:01] {Threei} counted on this year with bahamas
[13:01] {Threei} but some developments took a bit too long
[13:01] {Threei} doubt it's douable in remaining time
[13:02] {_oneiron} out last portion LVS
[13:02] {Threei} awww... overtightened last portion
[13:02] {peterg} I'll be in cayman islands over xmas & new years, on land
[13:02] {Threei} thing shook out and proceeded as told
[13:02] {Threei} hit my .55
[13:02] {_oneiron} It's alright thanks Vad
[13:02] {_oneiron} .55
[13:03] {Threei} whatever... profit preservation and adding to it in a safest way possible was set as a task for the rest of the day
[13:03] {dino} this year no good for me, but next year
[13:03] {peterg} nice one
[13:03] {Threei} and this trade developed perfectly for the scenario
[13:05] {dino} sweet peter
[13:05] {Threei} cayman eh
[13:06] {Threei} oh boy
[13:06] {Threei} GG CEO: GOLD'S SAFE HAVEN STATUS AFFECTED BY 'INDISCRIMATE' SELLING, WILL RETURN NEAR $1000/OZ IN NEAR FUTURE - CONF CALL
[13:06] {Threei} one more gold price predictor
[13:06] {Threei} how many of them got killed already this year
[13:07] {dino} lots
[13:08] {dino} they are on buy the top sell the bottom
[13:09] {Threei} LVS is continuing its quest for the end of the universe
[13:09] {Threei} one thing I could never understand is gold
[13:09] {Threei} it never seems to be doing what normal macroeconomic and monetary analysis show
[13:10] {Threei} so I am staying away not trying to pretend I know what's diving it
[13:10] {dino} out kbr .88, +.12
[13:10] {Threei} but one thing I've noticed over years
[13:10] {Threei} a lot of devoted goldbugs are very angry people
[13:11] {dino} inflation drives it, we are deflating at the moment
[13:12] {Threei} time top start watching Qs for 33 break
[13:12] {Threei} top = to
[13:14] {hawkfan4} $VIX heading for the month-long trendline
[13:16] {Threei} Long Setup: QQQQ 33 break if stays above .90
[13:18] {hawkfan4} for once i think Cramer's gonna be right about the ramp-up
[13:18] {dino} sm l clf .70
[13:18] {hawkfan4} QLD .10, stop under .90
[13:19] {dptl} l qqqq .01
[13:20] {dino} going for 2x huh hawk
[13:20] {hawkfan4} feelin it
[13:21] {hawkfan4} either that or it's the mexican food i had for dinner last night
[13:21] {Threei} lol
[13:21] {dino} lol
[13:23] {Threei} 1:1
[13:23] {_oneiron} out 1:1 1/2 Q's
[13:24] {Threei} 1:2, me out
[13:24] {jmb} thanks vad
[13:24] {Threei} welcome :)
[13:24] {Threei} any single stop today?
[13:24] {lisa_jay} .15 Q's vad, took cvs for .22 thanks.
[13:24] {Threei} where is Geo, he is a scorekeeper
[13:24] {_oneiron} out 1:2 Thank you sir!
[13:24] {Threei} lisa :)
[13:24] {Chaeron} Q's - in .01 out .21 +$0.20 Thanks x3 Vad
[13:24] {Threei} welcome guys
[13:25] {Threei} can I go home?
[13:25] {Chaeron} no
[13:25] {Threei} 'cause it pains me to look at LVS, lol
[13:26] {dino} nice on qld
[13:28] {hawkfan4} thx, still in
[13:29] {dino} fcx hl l .30
[13:32] {dino} out fcx .54, +.24, out clf .10, +.40
[13:33] {dino} gj dino
[13:34] {hawkfan4} vix cracking, nice dino :)
[13:34] {dino} :)
[13:34] {dino} qld was good one hawk
[13:37] {hawkfan4} ty. was hoping for a runner but the market's still in fit-and-starts mode looks like
[13:45] {hawkfan4} Kass selling the rip
[13:45] {dino} shld
[13:45] {Threei} hawk... english? :)
[13:45] {dino} buy the dip sell the rip
[13:45] {hawkfan4} Doug Kass
[13:45] {hawkfan4} Desperadoes, Why Don't You Come to Your Senses?
[13:45] {hawkfan4} 10/31/2008 1:31 PM EDT
[13:45] {hawkfan4} As anticipated, the desperadoes are taking up the markets into month-end. And I am taking advantage of the rip and selling out my few remaining long rentals.
[13:46] {dino} kass, hedge fund/real money.com
[13:46] {lisa_jay} Wasn't that Eagles?
[13:46] {dino} the guy has been pretty good since sept.
[13:46] {dino} missed shld
[13:46] {patience} too weird, just listening to that song on my ipod
[13:47] {lisa_jay} :-)
[13:48] {Threei} you girls
[13:49] {Threei} listening to the same music
[13:49] {lisa_jay} Showing our (my) age.
[13:50] {Threei} PREVIEW: FED CHAIRMAN BEN BERNANKE IS SCHEDULED TO SPEAK ABOUT MORTGAGE FINANCE AT A SYMPOSIUM AT 2PMET
[13:50] {Threei} **an advanced text is expected but there will be no Q&A.
[13:50] {Threei} music is ageless
[13:50] {Threei} (nugget of wisdmo for the day)
[13:50] {Threei} or wisdom
[13:50] {hawkfan4} out qld +.36, looks down now
[13:50] {lisa_jay} Vad, is that head and shoulders on qqqq?
[13:51] {Threei} yup
[13:55] {magoo} vad..up into bell or sell
[13:55] {Threei} I'll take the Fifth
[13:56] {magoo} arrow to your groin time
[13:56] {lisa_jay} Lol.
[13:56] {Threei} whatever.. I already have two kids
[13:57] {dino} i see vad, like his cousin vlad the impaler, likes pain
[13:58] {magoo} and voirgins i blieve
[13:58] {Threei} cousin? we are siblings
[13:58] {dino} dracula bro's, interesting
[13:59] {Threei} why do you think I am in comay during daylight hours
[14:00] {magoo} and fat
[14:00] {Threei} sigh
[14:00] {Threei} BERNANKE: GOVT GUARANTEE FOR GSE MUST BE MAINTAINED, COULD USE FDIC STYLE INSURANCE FOR INSURANCE BONDS
[14:01] {Threei} you just make sure that arrow has no wooden head and wasn't anywhere near garlic
[14:01] {Threei} the rest we undead don't care about
[14:02] {magoo} tips made out of silver.....i believe thats a problem
[14:02] {Threei} for werewolves only
[14:02] {Threei} our pets, you know
[14:03] {lisa_jay} Sigh....UAUA cup and handle breakdown. I need to learn to trade the plan and not get scared.
[14:03] {Threei} what are you scared of lisa...
[14:04] {Threei} keep your stop, take valid entries
[14:04] {Threei} let them do their thing
[14:04] {Threei} it's either profit or stop
[14:04] {Threei} go with valid proven setups, odds are on your side
[14:04] {Threei} profits will be more frequent and bigger than losses
[14:04] {Threei} that's it there is to trading
[14:05] {lisa_jay} I am going to print this and stick it on my eyelids.
[14:05] {dino} do it
[14:05] {Threei} over last month, and trading gods know it was the most unusual and scary month in market's historyu, we had 2 (TWO) losing days
[14:05] {dino} if your stops are correct and your system works, you will be fine
[14:06] {Threei} if that is not a proof of a concept, I don't know what is
[14:06] {lisa_jay} My biggest mistake is not letting my valid stops be hit....Lost a lot money abandoning plan mid trade.
[14:07] {dino} stops keep you in the game lisa, don't move them ever.
[14:07] {dino} trading is not about being right, it's about trading right
[14:07] {Threei} lisa, have you gone already through psychology part of MPP?
[14:08] {lisa_jay} Working on it....
[14:08] {lisa_jay} Will get to it this weekend.
[14:08] {Threei} it has practical recipes
[14:08] {Threei} not just usual psychodrivel
[14:08] {Threei} but practical tricks to make your mind work as trading environment requires
[14:09] {Threei} you'll be a new gal on Monday
[14:10] {lisa_jay} Sounds interesting. Went through all the Videos. Learning a lot from your calls.
[14:12] {Threei} that was such a fun making them
[14:13] {Threei} very challenging but fun
[14:14] {Threei} the very idea of being first one ever doing that was quite inspiring
[14:14] {Threei} to the best of my knowledge, it's still the only course done in this fashion
[14:15] {lisa_jay} It is bringing a lot of structure to my wild trading....So thank you for making them.
[14:15] {Threei} :)
[14:15] {brian3579} vad what course are you guys talking about
[14:16] {Threei} video course
[14:16] {Threei} so many educational outfits and people claiming guru status... and no one ever thought of simply recording his trading and explaining real time what he does
[14:16] {Threei} what does it tell you?
[14:16] {brian3579} i find them very helpfull
[14:16] {Threei} next best thing to sitting next to me
[14:17] {magoo} vad, do u still offer the trading video course rated MA?
[14:17] {Threei} what's ma?
[14:17] {lisa_jay} UAUA breaking down nicely....would have given 2:1 with .5 break down. See before i would not know diddly about this setup or how to use it.
[14:17] {magoo} mature audiences, nudity, violence
[14:18] {Threei} I don't offer any other mags
[14:18] {magoo} lol
[14:18] {Threei} and please, don't forget coarse language
[14:18] {brian3579} lol
[14:18] {Threei} wouldn't even think of making one without it
[14:18] {dptl} lol you guys
[14:19] {Threei} funny how life intrudes in recording those videos
[14:19] {Threei} phone rings
[14:19] {Threei} I am pouring coffee or clicking Zippo, then realizing that all these sounds go into recording
[14:20] {lisa_jay} Zippo...will pay attention to that next time...and coffee, I thought that was Vodka.
[14:20] {Threei} lol
[14:21] {Threei} have a look at UAUA daily
[14:21] {Threei} C&H
[14:21] {Threei} 16 rim
[14:22] {Threei} hopefully doesn't break today
[14:22] {Threei} beyond the risk I would be willing to tolerate today
[14:22] {Threei} Monday, different story
[14:22] {Threei} new week, new month
[14:27] {Threei} LVS 15 break... only if you have money to spare
[14:27] {Threei} stop under .85
[14:28] {Threei} risky as trying to take bow from magoo, vodka from dp or wake me up in the middle of trading day
[14:28] {dptl} lol
[14:29] {dptl} thats too risky
[14:30] {dino} no respect
[14:30] {lisa_jay} Wow, that was risky.
[14:31] {lisa_jay} broke above and tanked
[14:31] {Threei} yup
[14:31] {Threei} not something I want to do today
[14:31] {Threei} that's why so many warnings
[14:32] {lisa_jay} Did not take trade.
[14:32] {dino} aiv s .04
[14:34] {dino} aiv stopped -.22
[14:40] {dino} double top?
[14:41] {Threei} on what?
[14:42] {dino} dji
[14:42] {dino} chaos
[14:42] {Threei} can't tell really
[14:42] {dino} yes, it is imo
[14:43] {dino} alto i may be wrong
[14:45] {dino} alto=although
[14:45] {lisa_jay} lvs this break worked.
[14:46] {_oneiron} out 1/2 AMAT 1:1 JBE trailing stop for remainder
[14:46] {Threei} 13 break?
[14:46] {_oneiron} Yes sir!
[14:46] {Threei} nice looking setup
[14:46] {Threei} getting it down oneiron :)
[14:46] {dino} gj one
[14:46] {_oneiron} Right out of your book.
[14:46] {Threei} LVS is chaos lisa...
[14:47] {Threei} I have a book?
[14:47] {_oneiron} thanks dino!
[14:47] {Threei} people keep telling me that
[14:47] {Threei} I gotta find it and try to read
[14:47] {_oneiron} TOTR
[14:47] {Threei} but I have troubles putting letters together to words
[14:47] {_oneiron} lol
[14:47] {Threei} not even speaking of qwords to sentences
[14:49] {lisa_jay} TOTR OneIron?
[14:49] {Threei} lisa tried to enter it as a stock symbol?
[14:49] {_oneiron} Techniques of Tape Reading lisa.
[14:49] {_oneiron} lol
[14:50] {lisa_jay} Thanks Oneiron.
[14:50] {Threei} I keep trying to find out quotes for ROFL
[14:50] {dino} they're funny
[14:50] {_oneiron} Your welcome lisa.
[14:52] {dino} v sm dxd l .55 risky
[14:52] {lisa_jay} Q's coiling...which way will they break?
[14:52] {Threei} yes lisa
[14:53] {Threei} sorry... smart a$$ answer :)
[14:56] {Threei} LVS did its best to kill both sides
[15:01] {Threei} wishbone, you here?
[15:01] {Threei} dcc me please
[15:02] {dino} dxd stopped -.35
[15:02] {dino} taking break, starting to give back
[15:05] {Threei} first time in many days I started getting 52 week high alerts
[15:06] {dino} .
[15:06] {Threei} CBST, AFAM
[15:06] {lisa_jay} Bull is back!!!
[15:06] {Threei} ALGT
[15:13] {dino} kbr s .18
[15:18] {peterg} all mimsey were the borogroves
[15:18] {peterg} if i remember correctly
[15:18] {Threei} umm... what?? :)
[15:18] {peterg} random friday poetry fragment
[15:19] {peterg} jabberwockey
[15:19] {peterg} you know how i like to be obscure
[15:19] {Threei} here is a sample of my poetry:
[15:19] {Threei} Tree good.
[15:19] {Threei} Fire bad.
[15:19] {Threei} Morning.
[15:19] {Threei} The end.
[15:19] {peterg} me like
[15:19] {Threei} me glad
[15:20] {peterg} all good then
[15:20] {Threei} always
[15:20] {peterg} unless otherwise
[15:20] {peterg} specified
[15:20] {Threei} can you believe all the value in this room
[15:20] {Threei} trading calls,
[15:20] {Threei} bad jokes,
[15:20] {Threei} AND bad poetry??
[15:20] {peterg} doesnt get any better
[15:22] {Threei} add bad spelling and grammar to that,
[15:22] {Threei} it's just heaven
[15:22] {lisa_jay} QQQQ's broke up and then broke down....
[15:22] {hawkfan4} now if you only served refreshments...
[15:22] {peterg} would you like a quote from sigmujnd freud c.1896?
[15:22] {Threei} lol
[15:22] {magoo} and FISH
[15:22] {Threei} this is exactly kind of action I hate lisa
[15:22] {Threei} no follow through
[15:22] {Threei} oh, and fish... magoos right
[15:23] {peterg} Much will be gained if we succeed in transforming your hysterical misery into common unhappiness.
[15:23] {dino} well had the idea w/dxd and aiv, just a bit soon
[15:23] {peterg} I can also provide the original german if desired.
[15:23] {Threei} did he address the market in saying that peter?
[15:24] {peterg} great idea!
[15:24] {peterg} sounds right to me
[15:24] {Threei} 'cause sounds like a group of investors praying for capitulatory selloffs to end,
[15:24] {Threei} and market to switch to slow grind
[15:24] {peterg} is that what is coming?
[15:24] {lisa_jay} Yeah Dino, they faked us out before the breakdown.
[15:24] {Threei} well, huge selloff daysd are over for now
[15:24] {dino} cov kbr .98, +.20
[15:26] {dino} inded
[15:26] {peterg} ok have fun all--back to wrk 4 me
[15:27] {dino} cya peter
[15:27] {dino} kbr s .90
[15:28] {lisa_jay} Bye Peter
[15:28] {dino} getting whippier
[15:28] {Threei} take care peter, have a great weekend
[15:28] {magoo} bye padre
[15:30] {dptl} happy helloween all and good weekend :)
[15:31] {hawkfan4} u2 dp
[15:31] {Threei} take care dp :)
[15:32] {dino} cya dp\
[15:36] {_oneiron} bounce scalp AMAT 1:1 out in full
[15:37] {dino} gj
[15:38] {_oneiron} small kettle of fish for you high rollers dino..thanks.
[15:42] {dino} you did very well today, good job
06[15:42] * magoo slaps dino around a bit with a large trout
[15:42] {dino} dji just lost 100 pts in like a minute
[15:42] {lisa_jay} Who is the older brother - Magoo or Dino?
[15:42] {dino} magoo
[15:43] {lisa_jay} For real?
[15:43] {Threei} nice selloff
[15:43] {magoo} cramer was calling 100 points long here
[15:44] {dino} yes
[15:44] {dino} 3 years
[15:45] {dino} cov kbr .81 +.09 too jumpy
[15:46] {Threei} glad to see LVS, UAUA retreating
[15:46] {dino} but lisa, i am the much better looking one
[15:46] {Threei} more opportunities next week
[15:47] {lisa_jay} :-)
[15:48] {dino} lstr
[15:49] {Threei} what was this oil spike about
[15:50] {dino} filled up my car
[15:50] {Threei} oh
[15:50] {Threei} can you alert us in dvance so we go long USO
[15:50] {Threei} SENATOR GRASSLEY REQUESTS AIG DISCLOSE HOW MUCH OF THE $123B IN FED LOANS IT HAS SPENT
[15:50] {Threei} and on what
[15:56] {dino} calling it a day and week, thx all turned into a good one
[15:57] {lisa_jay} Thanks for help this week Dino. Have a good weekend.
[15:57] {Threei} ok guys, thank you all
[15:57] {hawkfan4} cya all
[15:57] {Threei} great week, ended by a great day
[15:57] {lisa_jay} Thanks Vad.
[15:57] {Threei} have a good relaxing weekend
[15:57] {Threei} see you all on Monday
[15:57] {magoo} bye all
[15:57] {dino} np
[15:59] {_oneiron} thanks everyone and have a good week end dino!

Thursday, October 30, 2008

Oct 30 2008

Interesting day with quite a few of different trades. Quick ones on HIG and LVS, very slow and steady ARRS. We read well most of the day, then skipped traditional end of the day selloff, except couple quick bounce scalps. This pattern of selling at the end of session becomes all too familiar, the day when market fools too complacent traders and does the opposite is close.

Session Time: Thu Oct 30 00:00:00 2008

[08:56] {Threei} Good morning
[08:56] {cosmo} solars rising
[08:58] {cosmo} i hear no birds singing yet though
[09:00] {Onix} Good morning all
[09:00] {Threei} cosmo, onix :)
[09:01] {Raven} arghhhhh
[09:01] {cosmo} 3i:)
[09:01] {Raven} THAT WAS A SONG COSMO
[09:01] {cosmo} i heard a squawk
[09:02] {Raven} best I can muster
[09:02] {Threei} lol
[09:02] {cosmo} i understand
[09:02] {Raven} yes
[09:03] {Raven} more tea might help ... brb
[09:03] {cosmo} tea party
[09:08] {Threei} Q3 ADVANCED GDP ANNUALIZED: -0.3% V -0.5%E; PERSONAL CONSUMPTION: -3.1% V -2.4%E
[09:08] {Threei} INITIAL JOBLESS CLAIMS: 479K V 475KE; CONTINUING CLAIMS: 3.715M V 3.735ME
[09:08] {Threei} - Prior Initial Jobless Claims revised from 478K to 479K
[09:08] {Threei} - Prior Continuing Claims revised from 3.735M to 3.727M
[09:16] {Threei} market is testing yesterday's high
[09:16] {cosmo} me too
[09:17] {Threei} successfully?
[09:17] {cosmo} first cup went down good
[09:17] {ese} i'm here..i'm here....let the bells ring let the banners fly....i'm here!!!
[09:18] {Threei} {--- full of envy
[09:18] {Threei} ese :)
[09:18] {dptl} good morning all
[09:18] {ese} morning vad
[09:18] {Threei} dp :)
[09:18] {ese} dp
[09:18] {Onix} hi ese
[09:18] {Onix} hi dp
[09:18] {dptl} :)
[09:18] {ese} onix....
[09:19] {Threei} ideally, I'd like to see little pullback, shallow enouigh to warrant good support, a few minutes of consolidation, then break
[09:19] {ese} hows life in the fast lane ....of reality trader that is?
[09:21] {Onix} ese, it's no piece of cake, but I;m sticking to it
[09:22] {ese} i would agree....stick with it though.....
[09:22] {Geo} gm all
[09:22] {ese} geo
[09:23] {Onix} hi Geo
[09:23] {lisa_jay} Hi Geo.
[09:23] {ese} what looks good in pre market action Vad?
[09:23] {dino} gm all
[09:24] {ese} dino
[09:24] {Threei} geo :)
[09:24] {Threei} dino :)
[09:24] {Threei} I am very tempted to say my reflection in the mirror, ese... but that would be far from reality
[09:24] {Onix} hi dino
[09:24] {dino} :)
[09:25] {ese} ha ha ha ....you were a comedian in a former life weren't you.....go ahead admitt it!!!!
[09:25] {Threei} yes but Seinfield was never worried, really
[09:25] {Threei} and I never quit my day job... thankfullty
[09:26] {dino} these open up big gaps have been getting filled lately
[09:26] {Geo} are you saying he isnt good enuff in this life ese?
[09:26] {Threei} yes dino
[09:26] {Threei} one of scenarios is gap fill, then ramp up
[09:26] {Threei} another is just upl,ift without gap fill
[09:26] {Threei} waiting to see which one materializes
[09:27] {ese} not at all.....just an observation.....
[09:27] {Threei} NVDA topped out at .80 yesterday
[09:27] {ese} i would agree with the up gaps scenario dino......always seems to pull back most stocks
[09:27] {Threei} LVS 10.97
[09:29] {ese} anyone see new on ACGY....
[09:29] {Threei} nothing fresh
[09:31] {ese} tks
[09:33] {Threei} LVS
[09:33] {Threei} bounce of 10, half lot
[09:35] {Threei} out who got it
[09:36] {Geo} in .17 out .03
[09:36] {Geo} beauty call vad
[09:36] {Threei} beauty
[09:36] {Threei} let it pull back
[09:37] {Threei} it's not done but it's a pullback stock rather than breakout
[09:37] {Geo} wow lvs as you said yesterday... will never stop
[09:39] {Threei} lol
[09:39] {Geo} anyone who is still holding is my hero
[09:39] {Threei} hawk, his whole 10K lot
[09:39] {Geo} and onix
[09:40] {hawkfan4} lol, no, but SLW pretty darn nice ;})
[09:40] {Threei} hehe
[09:40] {Onix} i missd it
[09:40] {Geo} wow LVS
[09:41] {Geo} no pullbacks
[09:41] {Threei} SLW is silver play, together with PAAS and SSRI
[09:41] {Threei} wow
[09:41] {Threei} WHITE HOIUSE AIDE LAZEAR: US ECONOMIC SLOWDOWN TO LAST A FEW MONTHS
[09:41] {Threei} who would have thought
[09:42] {Geo} isnt gdp number due today?
[09:42] {Threei} [09:08] {Threei} Q3 ADVANCED GDP ANNUALIZED: -0.3% V -0.5%E; PERSONAL CONSUMPTION: -3.1% V -2.4%E
[09:42] {dino} v sm l dxd .80
[09:43] {Geo} ops already done
[09:43] {Threei} market decided not to fill the gap today
[09:44] {Threei} watch Qs for long near .80
[09:45] {dino} stopped dxd too soon
[09:45] {Threei} if missed it, new play if .95
[09:45] {Threei} stop under .80
[09:46] {dptl} got .87
[09:46] {Threei} not a scalp
[09:48] {Threei} Long Setup: BRCM .83 if stays above .70
[09:51] {Threei} not holding support
[09:51] {Geo} out
[09:52] {dino} big rinse dxd,
[09:53] {Threei} not very clear here
[09:53] {Threei} pullback is deeper than smooth runup suggests
[09:53] {dptl} was out 33 +.13 qqqq ty
[09:54] {dino} gj
[09:54] {Geo} nice dp
[09:54] {dptl} ty
[09:55] {Threei} watching if FITB holding 10.95
[09:55] {Threei} Long Setup: FITB 11.10 break if stays above 10.95
[09:56] {Threei} nope
[09:57] {cosmo} FDRY tests .50 soon
[09:57] {cosmo} i think
[10:01] {dino} gs
[10:02] {Threei} churning action
[10:02] {Threei} no direction for now, sitting on a sideline
[10:03] {peterg} hello team
[10:03] {Threei} LVSA
[10:03] {Threei} matybe a double bottom at 11
[10:03] {Threei} LVS, sorry
[10:03] {Threei} peter :)
[10:03] {dino} going to blow one way or other
[10:04] {Threei} confirmation is a bit too far from bottom, above 11.50
[10:07] {Threei} Qs, either pullback into .75 - .80 zone
[10:07] {Threei} or break of .90 if stays above .85
[10:09] {ese} long CIEN .96 pullback on break full lot
[10:10] {Threei} had bid at .75, no hit
[10:10] {Threei} did I really need to save that 1 cent??
[10:10] {Threei} cancelling
[10:10] {Geo} :)
[10:10] {Threei} anyone was smarter?
[10:11] {Geo} just watching.... not clear enuff
[10:11] {Geo} LVS break of .5 with NQ?
[10:11] {Threei} [10:07] {Threei} Qs, pullback into .75 - .80 zone {--- thing hit .76 and bounced to .90, how was it not good enough for me?
[10:11] {Geo} lol
[10:12] {Threei} no, I had to be a perfectionist and try for the low of the zone
[10:12] {Threei} if stays above .25 Geo
[10:12] {dino} could be lower high in the making
[10:12] {Threei} and slippage is a b*tch on this one
[10:13] {Threei} so far yes dino, Qs couldn'rt break .90 on a few tries
[10:13] {Threei} reinforces .91 as long trigger
[10:13] {ese} Stop to .85 CIEN
[10:13] {Threei} but this time only if holding above .80
[10:14] {Threei} don't try to get it at .75 this time if drops there
[10:14] {Threei} too many retests
[10:14] {Threei} .60 next support for bounce
[10:15] {Threei} volume is very questionable everywhere
[10:16] {Threei} hard to make anything out of it
[10:18] {dino} uthr sm s .90, stop .33
[10:18] {dino} jumpy one careful
[10:19] {ese} BAAAAAAA. stopped CIEN .85 -.11
[10:19] {Geo} hmmm going towards gap fill?
[10:19] {Threei} a bit too far from there....
[10:20] {Threei} although with all the volatility we have, anything's possib;e
[10:20] {ese} maybe geo....
[10:20] {Geo} seems like lower highs lower lows
[10:20] {dino} stopped
[10:21] {Threei} where is magoo?
[10:25] {dino} bow hunting
[10:25] {Threei} argh
[10:25] {Threei} does he have a spare bow if I bring vodka?
[10:26] {Threei} (and to bring vodka I just need to invide dp, he never leaves home without 3 bottles - just in case he gets thirsty)
[10:26] {Threei} invite
[10:26] {laserdave1} ya we can dress magoo up with antlers on his head
[10:26] {dptl} lol
[10:26] {hawkfan4} lol
[10:26] {dino} lol
[10:27] {ese} alright....everyone close your eyes and picture that one........DRUNK BOW HUNTING}}}}}
[10:27] {laserdave1} lol
[10:27] {Threei} dream come true
[10:27] {laserdave1} that was good
[10:27] {Geo} atleast it wont hurt
[10:27] {laserdave1} i needed a morning laff
06[10:27] * Geo slaps laserdave1 around a bit with a large trout
[10:28] {Geo} how come we dont do this?
[10:28] {Geo} sorry bud.... the room made me do it
[10:28] {ese} sighting target with with eyes all askew......sure leavesa alot to the imagination......
[10:28] {laserdave1} hmmmm
[10:29] {laserdave1} i wonder if magoo is thinking of us right now?
[10:29] {laserdave1} and what he is thinking when he has that bow in his hand
[10:29] {Threei} yes but you don't want to know what exactly he is thinking
[10:30] {dino} dxd sm l .00
[10:31] {dino} i bet he's sleeping under tree, we went out for happy hour(s) last night
[10:31] {Threei} lol
[10:31] {dino} 4-9
06[10:32] * Chaeron slaps laserdave1 around a bit with a large trout
[10:32] {Chaeron} hi all
[10:32] {Threei} chaeron :)
06[10:32] * laserdave1 slaps Threei around a bit with a large trout
06[10:32] * laserdave1 slaps Threei around a bit with a large trout
06[10:32] * laserdave1 slaps Threei around a bit with a large trout
06[10:32] * laserdave1 slaps Chaeron around a bit with a large trout
[10:32] {Threei} what's with all the abuse
06[10:32] * laserdave1 slaps Geo around a bit with a large trout
[10:32] {Geo} now he is pissed
[10:33] {Threei} no, this is sign of happiness with dave
[10:33] {Geo} :)
[10:33] {laserdave1} laserdave1 slaps magoober around with a big large trout
[10:33] {laserdave1} indeed i love you allllllllll
[10:33] {Chaeron} must have been out drinking with mags last night
[10:36] {Geo} [07:18] {Geo} hmmm going towards gap fill?
[10:37] {Threei} [10:19] {Threei} a bit too far from there....
[10:37] {Threei} [10:20] {Threei} although with all the volatility we have, anything's possib;e
[10:37] {Geo} lol
[10:37] {Threei} since we are resorting to quoting ourselves... :)
[10:37] {Geo} hey i learned that from u
[10:37] {hawkfan4} [09:26] {hawkfan4} lol
[10:38] {Geo} thought that was a trading room service
[10:38] {hawkfan4} in dxd .05 small dino
[10:38] {dino} i'm a biot off today, use your head
[10:39] {dino} bit
[10:42] {Threei} still listless out there
[10:43] {dino} out dxd .90, +.90
[10:43] {Threei} pace picks up a bit
[10:44] {Threei} wtg dino
[10:44] {dino} ugh
[10:44] {dino} way soon
[10:45] {dino} wants to fill gap
[10:46] {dino} hawk, you get out?
[10:47] {hawkfan4} no, spaced on that spike, but i'm gonna hang with it
[10:47] {dino} gl
[10:47] {Threei} Long Setup: LVS 11.10 break
[10:47] {Threei} if stays above 10.90
[10:49] {Threei} Long Setup: QQQQ .41 if stays above .30
[10:49] {dino} don't get too greedy, imo...we can enter again
[10:50] {hawkfan4} yeah, was hoping for a faster run, if q's break .40 i'm out
[10:51] {Threei} Attention: LVS 1:1 half out, scalpers take profit
[10:51] {dino} dxd is dji x 2
[10:51] {hawkfan4} out .45 + .40, thx for the idea
[10:51] {dino} inverse
[10:52] {dino} gj
[10:52] {dino} watch dji, then trade it
[10:52] {hawkfan4} yep, thx :) was a good idea, gonna keep that one on my screen
[10:52] {dino} dji should top around 133
[10:52] {dino} it's a pulp trader
[10:52] {Geo} pulp?
[10:53] {Geo} pls elaborate
[10:53] {lisa_jay} Thanks Vad, LVS .23
[10:53] {Threei} :)
[10:53] {dino} george costanzza sienfeld, "pulp moves baby" when he got pulp in his eye
[10:53] {Chaeron} LVS in .12 out .34 +$0.22 thanks Vad
[10:53] {Threei} welcome guys
[10:54] {Geo} lol ok :)
[10:54] {dino} now if i hear that on cnbc.....
[10:54] {Threei} QQQQ over 1:1
[10:54] {Threei} LVS almost 1:2
[10:54] {dino} they used our costanazza trade, opposites
[10:54] {Threei} yeah, lol
[10:54] {Threei} fess up
[10:55] {Threei} who is CNBC's spy in here?
[10:55] {hawkfan4} I'm really Carl Quintania
[10:55] {dino} lol and i'm becky quick
[10:56] {dino} ok here comes 133 area
[10:57] {Geo} .12 to .42 .30 cents on LVS TY vad
[10:57] {dino} gj
[10:57] {Chaeron} nice Geo
[10:57] {lisa_jay} Great job Geo.
[10:57] {Threei} Qs anyone?
[10:57] {Threei} over 1:2 LVS
[10:57] {hawkfan4} yes, +14 vad, thx
[10:57] {Geo} i figured Q qould pull LVS more
[10:57] {Threei} out
[10:58] {Threei} hawk :)
[10:58] {Geo} multitasking is tough
[10:58] {Threei} no kidding
[10:58] {Chaeron} in Q's Vad
[10:58] {Threei} no matter how many times I try to walk and chew gum
[10:58] {Geo} true
[10:58] {Threei} just doesn't work
[10:58] {Threei} patialed out chaeron?
[10:59] {Threei} too jerky today
[10:59] {Chaeron} no
[11:00] {lisa_jay} I took it...but out for 5c only.
[11:01] {lisa_jay} QQQQ
[11:01] {Chaeron} took .12 on it and full out... Thanks Vad... again
[11:01] {Threei} welcome
[11:01] {Threei} I still have haalf
[11:01] {Threei} stop just under breakeven
[11:02] {Threei} .39
[11:02] {Chaeron} I got out so it would go up for you
[11:02] {Threei} oh
[11:02] {Threei} very considerate
[11:02] {Chaeron} see?
[11:02] {Geo} selfless
[11:02] {Threei} just don't count on me sharing the profit
[11:02] {Geo} lol
[11:02] {Chaeron} what? you're not into redistribution??????
[11:02] {Threei} I am not a fan of wealth spreading {G}
[11:02] {Threei} lived under that for 35 years, thank you very much
[11:03] {Threei} out in full
[11:03] {Threei} .67
[11:03] {Chaeron} great one
[11:03] {Chaeron} next!
[11:03] {Geo} i thought you went to canada to spread the word
[11:03] {Threei} word?
[11:03] {Threei} what wqord?
[11:03] {peterg} we are all fans of wealth spreading here: we take it from others for ourselves
[11:03] {Threei} I don't know any words
[11:03] {Threei} I know some letters
[11:03] {Threei} and hit them randomly
[11:04] {Threei} sometimes they do fall in just right
[11:04] {Geo} heh
[11:05] {Threei} you know that if you put 1000 monkeys in front of typewriters, they will write War and Piece eventually providing time is unlimited, right?
[11:05] {Threei} peace too
[11:05] {peterg} and Shakespear too
[11:06] {Chaeron} and given unlimited time, Threei will type one entry with no flaws...
[11:06] {Geo} ooooh
[11:06] {Threei} hmmm
[11:06] {Geo} i bet you spell checked that line cher
[11:06] {Chaeron} lol
[11:06] {Threei} I think monkeys have better shot at war and Peace, chaeron...
[11:06] {Geo} lol
[11:07] {Chaeron} awwwwww, *I* have faith in ya, big guy!
[11:07] {Threei} now he calls me fat
[11:07] {Threei} day of insults
[11:07] {Threei} and no magoo to slap
06[11:07] * Geo whistles
[11:07] {dino} dracula o history channel
[11:07] {Threei} just how bad can it get
[11:08] {dino} vad dracula, opps vlad
[11:08] {Geo} OIS
[11:12] {dino} sm l ddm .15
[11:18] {Threei} interesting trading today
[11:18] {Threei} period of drifting,
[11:18] {Threei} then suddenly readable pattern emerges
[11:19] {dino} stopped -.30
[11:19] {Threei} gotta take it, profit from it and go back on a sideline while market switches back to meaningless noize
[11:28] {Chaeron} .
[11:29] {hawkfan4} sh aapl sm .75, stop over 110
[11:32] {Geo} nice hawk
[11:32] {hawkfan4} whew
[11:32] {Geo} :)
[11:32] {Threei} beautiful
[11:34] {hawkfan4} thx, looking for under 109
[11:35] {Geo} chaeron dcc pls
[11:36] {hawkfan4} 1/2 out +.65
[11:36] {dino} nice
[11:36] {hawkfan4} ty
[11:36] {Threei} .65?
[11:36] {Threei} or 1.65?
[11:37] {Threei} oh, sorry
[11:37] {hawkfan4} 109.75 to 109.10
[11:37] {Threei} looking at wrong stock
[11:37] {Threei} never mind me
[11:37] {Threei} ever
[11:37] {hawkfan4} lol
[11:38] {Threei} looking at LVS...
[11:38] {Threei} this thing just won't give up
[11:38] {Threei} look how stubbornly it hangs in there
[11:39] {Threei} if it stays around these levels, it prepares big surprize once again
[11:40] {Threei} it's abit fuzzy because of volatilyt,
[11:40] {Threei} trades in zones rather than in exact levels,
[11:40] {Threei} but overall, rough idea:
[11:40] {Threei} 11.80 break if stays above 11.50
[11:41] {Threei} and if market decides to resume this relentless upward march which we love so much
[11:50] {_nicklam66} r we taking lunch
[11:51] {Threei} no, just waiting for something readable
[11:52] {dino} waiting to see what happens on gap fill
[11:53] {dino} filled
[11:54] {Threei} still in AAPL short hawk?
[11:55] {hawkfan4} yes, stop to .05 now
[11:55] {Geo} beauty
[11:55] {dino} now if pattern holds, up we go
[11:58] {hawkfan4} out +.70 rest, had a buck though. bad exits the last few days, too greedy
[11:59] {Geo} chaeron dcc pls
[11:59] {Geo} HIG classic DBI
[12:01] {Threei} Long Setup: QQQQ .18
[12:01] {Threei} stop under .10
[12:02] {dptl} l .19
[12:04] {Threei} offering half .29
[12:04] {Threei} half out
[12:05] {dptl} half out .30
[12:05] {Threei} stop to .14
[12:06] {dino} pattern holds
[12:06] {peterg} lousy exit & entry, still got .06 thks vd
[12:07] {lisa_jay} Thanks Vad, took .10 on q's and .19 on CVS (based on your Q's call).
[12:07] {Threei} LVS you mean?
[12:07] {Threei} good to see lisa... getting patterns down
[12:07] {lisa_jay} No, CVS - had a spike earlier, and pullback.
[12:08] {Threei} yup, I see now
[12:08] {lisa_jay} Yes, a lot of patterns are getting clearer, watchign your videos every night.
[12:08] {_nicklam66} r the videos available for trial members
[12:08] {Threei} that's one sentence I will have to edit out I think
[12:08] {Geo} lol
[12:08] {Geo} i just shivered
[12:08] {dino} oh no, i thought those videos were destroyed
[12:08] {Threei} lol
[12:09] {Threei} nicklam, lisa means scalping course videos
[12:09] {Threei} we have a few samples on a website
[12:09] {Threei} let me get url
[12:09] {_nicklam66} k
[12:09] {lisa_jay} I saw the one with you in it Dino...very....ahem!
[12:09] {dino} lol
[12:09] {Threei} http://www.realitytrader.com/video/
[12:09] {Threei} scroll down to sample links
[12:10] {_nicklam66} yea i c now . thanks
[12:10] {Threei} Attention: QQQQ stop to .19 for the balance
[12:10] {Threei} it's OK dino, everyone knows we were young and needed money
[12:11] {Threei} Qs held by fingertips
[12:11] {Threei} no more
[12:11] {dino} times were tough
[12:12] {dptl} out qqqq
[12:12] {Threei} but fun was had
[12:14] {Threei} overtightened stop a bit
[12:14] {Threei} too careful
[12:15] {dino} hig
[12:19] {hawkfan4} q's .29, stop .19
[12:20] {Threei} consolidates for further recovery so far
[12:20] {dino} hig sm l .60, risky
[12:27] {hawkfan4} out q's even, don't like the action
[12:28] {hawkfan4} besides i'm mesmerized by Vad's sultry voice on this video, hard to concentrate
[12:28] {Threei} lol
[12:31] {Threei} look at APOL chart
[12:32] {Threei} drawing by the pen tied to a tail of a drunken mule
[12:32] {hawkfan4} back in .35, stop .24
[12:33] {Threei} Long Setup: ARRS .32
[12:33] {Threei} two days break
[12:33] {Threei} for scalpers stop .24
[12:33] {Threei} for daytraders .19
[12:34] {dino} hig stopped, hmmmm tough day so far
[12:36] {dptl} long arrs .33
[12:37] {Threei} and for swing traders, under 6
[12:37] {Threei} scalpers are scalpers, they know where to exit
[12:38] {Threei} day traders, look to partial closer to .50
[12:38] {dino} lmdia
[12:38] {Threei} swing traders, aim for closer to 7
[12:42] {Threei} most probable pattern from here:
[12:42] {Threei} slow chrun,
[12:42] {Threei} boring pullbacks,
[12:42] {Threei} spikes to recent resistance levels with breaks,
[12:42] {Threei} new churn,
[12:42] {Geo} ICE
[12:42] {Threei} then strong accelerating run up
[12:45] {hawkfan4} so the real trick will be to stay awake for the run up. this is a snoozer
[12:49] {hawkfan4} ok dino, trying a dino-trade. short ice .25, stop hod
[12:49] {hawkfan4} tiny
[12:50] {dino} lol
[12:51] {Threei} it is a snoozing day so far,
[12:51] {dino} 79.25?
[12:51] {Threei} except a few fast trades earlier
[12:51] {Geo} chaeron out?
[12:51] {Threei} which makes me think, down is less likely
[12:51] {Threei} as in "never short a boring market"
[12:52] {hawkfan4} out ice +1.02
[12:52] {dino} gj
[12:52] {peterg} wtg
[12:52] {hawkfan4} thx :)
[12:53] {Threei} lol, in ICE terms it's almost like scalping the noize
[12:53] {Threei} good one hawk
[12:53] {dino} if dji falls, i'll try it
[12:54] {lisa_jay} Nice one Hawk.
[12:54] {hawkfan4} thx, working on my exits now. a buck's a buck
[13:00] {Threei} uptrend is broken a bit
[13:01] {dino} sm s ice .75
[13:02] {Threei} *TREASURY'S $24B 5-YEAR NOTE AUCTION BID-TO-COVER RATIO:2.28 V 1.91PRIOR AND 2.12 AVG OVER THE LAST 10 AUCTIONS
[13:02] {Threei} - indirect bidders take 23.8% of competitive bids
[13:02] {Threei} - notes draw 2.825% with 5.01% at the high
[13:07] {Threei} yawn
[13:07] {Threei} for a change, we are having boring day
[13:07] {Threei} if you missed boring days, enjoy while it lasts
[13:07] {dino} zzzzzzzzzzzzzzzz
[13:09] {Threei} ARRS makes these chewing noizes
[13:09] {Threei} new resistance broken, Qs
[13:10] {dino} ice stopped. i pretty much suck today
[13:11] {Threei} pattern is holding as described above
[13:11] {dino} qld l .30
[13:11] {Threei} either buy pullbacks for scalps on spikes into and above the resistance,
[13:11] {Threei} or buy and hold for big run later in the day
[13:13] {Geo} arrs is a dog
[13:13] {Geo} sorry
[13:13] {Geo} arrs is a sloth
[13:15] {dino} out qld .45. +.15
[13:15] {Geo} man HIG has no sense of direction :)
[13:15] {Geo} out ICE .40 small shares
[13:16] {dptl} shoul we moove stop to under .30 arrs??
[13:16] {Threei} personal deision
[13:16] {dptl} ok..ty
[13:16] {Geo} doesnt seem to have momentum
[13:16] {Threei} action allows for both, moving it and keeping it at original place
[13:18] {dptl} klac at .85? may be
06[13:18] * Threei weighs a few trouts, making plans with which one to slap Geo when ARRS hits all targets
[13:18] {Geo} yeah but i pnched out and ICE paid years ago
06[13:19] * Geo puts the trouts on ice
[13:19] {Threei} I will accept that argument when salesman in the store asks me how fast I made money I intend to pay for merchandise
[13:19] {Threei} and accepts fast money and rejects slow
[13:19] {Geo} hehehehe
[13:20] {Geo} 300 shares of ice made more money
[13:20] {Geo} i know i know
[13:20] {Threei} more than what?
[13:21] {Geo} arrs
[13:21] {Threei} ummmm
[13:21] {Threei} oranges vs apples?
[13:21] {Geo} [10:20] {Geo} i know i know
[13:21] {Threei} if you want to compare in a comparable basis, shouldn't ytou define how many shares of ARRS?
[13:21] {Geo} anyway 1.5 daily so thanks vad....
[13:21] {dino} lmdia l .50
[13:21] {Geo} :) ill take trout
[13:21] {Threei} oh, that's still ahead
[13:22] {Threei} for now let's talk math
[13:22] {Threei} how big a stop with 300 shares ICE?
06[13:22] * Geo hides
[13:22] {dino} .50
[13:22] {Threei} come out and learn, you wuss :)
[13:22] {Geo} 50
[13:23] {Threei} so, $150
[13:23] {dino} yes
[13:23] {Threei} let's compute ARRS
[13:23] {Threei} 7 cents stop,
[13:23] {Threei} how many shares will give you same stop loss size?
[13:23] {Geo} 70
[13:23] {Geo} 2k
[13:24] {Threei} so, how ICE makes MORE money?
[13:24] {Geo} hehehe ARRS is a dog
[13:24] {Threei} FASTER - yes
[13:24] {Threei} MORE - can't see it
06[13:25] * Geo agrees crestfallenly
[13:25] {Geo} faster ummmmm magoo you around?
[13:25] {Geo} bow hunting
[13:26] {dino} lmdia stop to .65
[13:26] {dino} to .74
[13:27] {dino} give me bottom on hig 3i
[13:27] {dino} 8.60 thinking
[13:28] {Threei} feels more like 8.20 to me
[13:29] {dino} 8.60 laying out sm
[13:29] {Threei} bottom is about to fall out from under it
[13:31] {dino} to where? that is the q
[13:31] {dino} lmdia to .82
[13:32] {dino} bring pru down w/it
[13:32] {dino} cx hig
[13:33] {dino} to .92
[13:34] {dino} out lmdia .92, +.42 size
[13:34] {Chaeron} niiiiiiiice
[13:34] {dino} ty
[13:34] {Chaeron} Hig hit .60
[13:35] {dino} darn hig hit .57 and bounced
[13:35] {hawkfan4} nice dino
[13:35] {dino} ty
[13:36] {dino} finally in black
[13:37] {dino} took ols scalp mode
[13:37] {dino} old
[13:37] {dino} hig panic
[13:37] {peterg} nothin wrong with old scalp mode
[13:38] {peterg} except unless you have the new scalp mode, but I haven't published the details yet
[13:38] {Geo} indeed
[13:39] {peterg} INDEEEEEEEEEEEED
[13:39] {dino} l .80
[13:39] {Threei} ARRS the dog barks at Geo
[13:39] {Threei} 1:1 for scalpers
[13:39] {dino} too stoon stopped
[13:39] {Geo} heh some get nudged by market.... some need to be kicked
[13:39] {Threei} here comes my 8.20
[13:39] {dino} -.25
[13:39] {Chaeron} HIG... .20
[13:39] {Chaeron} oops coming I meant
[13:40] {Threei} good boy HIG... made both of us right
[13:41] {Geo} [08:59] {Geo} HIG classic DBI
[13:41] {Geo} sad that i only got 10 cents
[13:44] {dino} that thing is wicked, must be halloween
[13:44] {Threei} so, I was wrong by 3 cents
[13:44] {dino} new support 8.50ish
[13:44] {Geo} unforgivable
06[13:44] * Threei rains ashes on his head
[13:45] {Geo} we expect better from BDs
[13:46] {Geo} dino you in?
[13:47] {dptl} half out arrs
[13:47] {Threei} dp
[13:47] {Threei} do me a favor
[13:48] {Threei} slap geo
06[13:48] * Geo ducks
[13:48] {dino} wow hig sapike
06[13:48] * dptl slaps Geo around a bit with a large trout
[13:48] {dptl} there
[13:48] {Geo} tch tch
[13:48] {Threei} thank you, I owe you
[13:48] {Geo} BD getting others to do dirty work
[13:48] {Threei} no
[13:48] {Geo} wow ICE
[13:49] {Threei} I am saving my trout for when ARRS hits .50 and higher
06[13:49] * Chaeron slaps Geo around a bit with a large trout
[13:49] {Chaeron} there... I loaned you one Threei
[13:49] {Geo} et too?
[13:49] {Geo} tu
06[13:50] * Threei spreads his thanks all around
[13:50] {Geo} man i am tired of this election
[13:51] {Geo} OCR
[13:51] {Threei} ARRS the dog growls at Geo
[13:51] {dptl} offering .54
06[13:51] * Geo skating on thin ice
[13:52] {dptl} stop under .35
[13:52] {dino} pru freefall
[13:57] {Geo} ocr flying
[13:57] {dino} strange met not affected
[13:59] {dino} pru sm wide risky l .30
[13:59] {dino} l
[13:59] {dino} stopped
[13:59] {Threei} out half ARRS .48
[14:00] {dino} rinsed, jumping around
[14:03] {dino} these insurance companies, put your bids 1.50 below normal
[14:04] {dptl} out all arrs ty
[14:04] {dino} who's next for big drop, met?
[14:05] {Threei} welcome dp
[14:05] {Threei} ok Geo
[14:05] {Threei} stand straight please
[14:05] {Threei} keep your head high
06[14:05] * Geo slaps Geo around a bit with a large trout
[14:05] {dptl} lol
[14:05] {Threei} look me in the eyes
06[14:05] * Threei slaps Geo around a bit with a large trout
06[14:05] * Threei slaps Geo around a bit with a large trout
06[14:05] * Threei slaps Geo around a bit with a large trout
[14:05] {Geo} i thought i would die of old age
[14:05] {Threei} nope, not as a daytrader
06[14:06] * Geo goes off to magoo's corner
[14:06] {dino} lol
[14:07] {Geo} i took HIG thanks vad/dino
[14:07] {Threei} :)
[14:07] {Threei} market does what we envisioned earlier so far
[14:08] {dino} hig back to 10
[14:09] {dino} gj geo
[14:09] {dino} if pru taskes 28, l imo
[14:09] {dino} risky
[14:10] {dino} ok
[14:10] {Chaeron} sorry... I was distracted... I sold ARRS at .54 for $0.21... thanks Vad...
[14:11] {Geo} out pru TY dino
[14:11] {dino} :), me too
[14:12] {dino} another pulp stock, i guess we found some action
[14:13] {dino} afgain,
[14:13] {dino} waiting at .70
[14:14] {dino} no good stopped
[14:15] {Geo} V
[14:15] {dino} good report v
[14:20] {dino} ci
[14:20] {dino} pru again
[14:21] {Threei} sorry, had to answer phone call
[14:21] {Threei} welcome chaeron :)
[14:23] {Threei} GMAC HAS REPORTEDLY SENT A LETTER TO DEALERS STATING IT WILL NOT FUND AUTO PURCHASES MOVING FORWARD
[14:23] {Threei} - Letter notes GMAC faces reduced funding.
[14:23] {Threei} - GMAC spokesperson declines to confirm contents of letter
[14:23] {dino} out pru .00, +1.00
[14:23] {Threei} .80 break should launch QQQQ
[14:24] {Chaeron} scalping it?
[14:25] {Threei} next spike should take it into .95 area, then most likely pullback
[14:26] {Threei} hard to tell chaeron
[14:26] {Threei} we went through churning period I talked about,
[14:27] {Threei} coming into run pweriod
[14:27] {dino} ci l .80
[14:27] {Threei} whether it's in full blast yet or some more shaking out nwds to be done...
[14:27] {Threei} here is .95
[14:28] {dino} wow pru back to 30
[14:28] {Threei} out 1/4 more ARRS .66
06[14:28] * Geo looks busy
[14:28] {Threei} hwere is pullback from .95
[14:28] {Geo} took QLD in liu of QQQQ Ty vad
[14:29] {Threei} how about this precision
[14:29] {Threei} welcome sir
[14:29] {dino} gj
[14:29] {Threei} ty
[14:29] {Threei} happy with my today's read on the market
[14:30] {Threei} but it doesn't take much to make me happy... I am generally happy person
[14:30] {Threei} unless I feel grumpy of a particular day
[14:30] {Threei} which consitutes about 4 days out of 5
[14:33] {lisa_jay} Sounds like my trading pattern.
[14:34] {Threei} lisa... if you follow calls, there is no way you wouldn't be in the money
[14:34] {lisa_jay} Should add that this was before I joined the room :-)
[14:34] {Threei} OK... that makes me happy... again
[14:35] {Threei} lol
[14:35] {Threei} see? I aam joking, laughing at my own jokes and enjoy being alone who laughs at them
[14:35] {Threei} isn't it ultimate definition of happiness?
[14:35] {Geo} ummm happiness or........
[14:35] {Threei} idicoy?
[14:35] {Threei} idiocy
06[14:36] * Geo wants to be in the room
[14:36] {Threei} whatever... I like it however you name it :)
[14:36] {Geo} lol
[14:36] {lisa_jay} Vad, any read lvs
[14:37] {Threei} I'd try it long here
[14:37] {Threei} with stop under 11.90
[14:38] {Threei} Qs follow the path... pullback, jump back to high and breaking it
[14:39] {Threei} this pullback should bottom out around .85
[14:39] {Threei} and go above 33
[14:39] {Threei} if loses .80 again, not sure if patter remains intact
06[14:42] * Threei kicks QQQQ in the rear
[14:43] {Threei} oops... wrong side
[14:45] {Chaeron} try the other side?
[14:46] {Threei} I won't
[14:46] {Threei} end of day selloffs become old
[14:47] {Chaeron} no I meant kick the other cheek to get it up?
[14:47] {Threei} ah
[14:47] {Threei} trying
[14:50] {Threei} whew... took a lot of kicking
[14:50] {Chaeron} cmon 33+....
[14:51] {Threei} let me kick it again
[14:51] {Threei} now that I know where the front is...
[14:51] {Chaeron} lol
[14:55] {Threei} hmmm
[14:55] {Threei} lower high
[14:55] {Threei} not liking it
[14:56] {dino} ci stopped -.06, thing can't get thru .84
[14:56] {dino} wow ice
[14:58] {Threei} people interviewed on TV say they will turn TV off on election night - because emotions will be "too much"
[14:58] {Threei} hmmm
[14:58] {Geo} lol
[14:58] {Threei} and Geo called me idiot?
[14:58] {Geo} hey id didnt
[14:58] {peterg} sold ci, +.01!
[14:59] {peterg} tks dino
[14:59] {Threei} don't spend it all at once peter
[14:59] {peterg} rite
[14:59] {dino} sorry bro
[14:59] {Threei} we have a lot of inflationary pressure as it is
[14:59] {Geo} he had 100k shares
[14:59] {peterg} np
[14:59] {Chaeron} I stopped Q's at -.08
[14:59] {Chaeron} thanks for the effort Vad
[15:00] {lisa_jay} lvs stopped -.05.
[15:00] {dino} the .80 entry was at the wall, just couldn't bust thru
[15:00] {dino} maybe entry here in .60s
[15:00] {dino} if mkt helps
[15:00] {Threei} no seriously... how can someone who doesn't have personal onnection to any of candidates, or his job depending on election result, be that deeply involved emotionally?
[15:00] {Geo} [11:59] {Chaeron} thanks for the effort Vad
[15:00] {Geo} havent heard that one before
[15:01] {Threei} that's what polite people do geo
[15:01] {Geo} oooooh
[15:01] {Threei} instead of calling my picks "dogs" {GGG}
[15:01] {peterg} person: "o, if x wins, the world will come to an end. I cant stand it
[15:01] {peterg} must sit in dkness & wait
[15:01] {Threei} no kidding
[15:02] {dino} met l .26
[15:04] {dino} out met .38, +.12
[15:05] {dino} sure now ci goes
[15:06] {Threei} ugh
[15:06] {Threei} here comes 33
[15:06] {Chaeron} dang it
[15:07] {Threei} that was tough read
[15:07] {Threei} lower highs and lows, then sudden spioke
[15:07] {Geo} thanks vad
06[15:07] * Geo trying to redeem
[15:07] {Threei} lol
[15:07] {Chaeron} not on pb?
[15:08] {dino} met l .22
[15:08] {lisa_jay} Q's bounced off the uptrend line near .7 (.71)
[15:08] {dino} out metv .42, +.20
[15:09] {dino} finally over daily, tough morning
[15:09] {Threei} good job dino
[15:09] {dino} thx got lucky, went to fl scalp mode
[15:09] {lisa_jay} Wow Dino.
[15:10] {lisa_jay} FL - full lot?
[15:10] {dino} i have to say, scalping is still easiest way, don't know why i fight it
[15:10] {dino} yes lisa= 1k shares
[15:10] {dino} thats why tight
[15:11] {Geo} excellent dino
[15:11] {Threei} look at this drop
[15:11] {Threei} I can't read this
[15:11] {dino} well, normal way was not working today, had to adapt
[15:12] {lisa_jay} Yes, been volatilile at this time.
[15:13] {dino} as run dmc would say....it's tricky
[15:13] {dino} showing my age
[15:17] {dino} hmmm, do they take it negative again?
[15:17] {dino} watching dxd, qid
[15:17] {dino} gut says neg.
[15:19] {dino} ouch hig
[15:19] {Threei} it acryually applied to NYSE to change symbol to OUCH
[15:20] {dino} lol
[15:20] {dino} but applying for fed funds
[15:20] {Threei} NYSE replied they'd have to move to NASDAQ as 4 letters symbols are for OTC stocks
[15:21] {dino} qid sm l .50
[15:21] {dino} out qwid .90, +.40
[15:22] {dino} lol
[15:22] {Geo} nice scalp dino
[15:23] {dino} ty
[15:24] {dino} qid sm l .30
[15:25] {dino} stopped darn
[15:25] {dino} -.40 gave it back
[15:28] {Chaeron} I can't read it... time for beers
[15:28] {Geo} :)
[15:28] {Geo} thanks all
[15:29] {Threei} geo exrcizes in politness
[15:30] {dino} lol
[15:34] {dino} ugh rinsed qid, thing went up dollar
[15:38] {Threei} half lot long HIG .20 break
[15:39] {Threei} out half .42
[15:40] {Threei} stop .15
[15:41] {Threei} out
[15:41] {dino} gj
[15:42] {Threei} should have just scalped full
[15:42] {Threei} but 10 looks so close on the chart, lol
[15:43] {dino} this market is really messing around again
[15:43] {dino} i just missed qid at 65, 1 min. later its 66
[15:47] {Threei} wow LVS
[15:48] {Threei} dump is as heavy as liftoff was
[15:48] {Threei} 10 break for wuick scalp anyone?
[15:48] {dino} pru possible re-test
[15:49] {Threei} out +.22
[15:50] {Threei} everyone's asleep?
[15:50] {hawkfan4} yes
[15:50] {peterg} yezz
[15:51] {Threei} OK... fastest money today
[15:51] {Threei} but hey, I am getting beaten for slow money on ARRS and ignored when offer fast
[15:51] {Threei} monastery is in effect
[15:52] {dino} gj vad
[15:52] {Threei} ty
[15:54] {dino} lol qid under 65
[15:56] {Threei} both moved greatly, LVS and HIG
[15:57] {dino} yeah, on screen for tomorrow
[15:57] {dino} calling it a day, had a very good afternoon, thanks for encouragement and ideas
[15:57] {Threei} didn't want to dive in again on last 5 minutes
[15:57] {dino} just missed pru again 27.30, look now, sheesh
[15:57] {Threei} nice day
[15:58] {Threei} thank you all
[15:58] {Threei} have a good evening, see you tmorrow
[15:58] {dptl} have a good evening all :)
[15:58] {dino} will watcing pru, met, ci, hig tomorrow too, the "pulp-ers"
[15:58] {peterg} aapl always interesting
[15:58] {lisa_jay} Thaks Vad.
[15:59] {peterg} so long team, vad
[15:59] {dino} yes peter, will watch it
[15:59] {dino} later all
06[15:59] * Chaeron slaps laserdave1 around a bit with a large trout
[16:00] {lisa_jay} Bye Dino
[16:00] {dino} cya lisa

Wednesday, October 29, 2008

Wed Oct 29 2008

Very nice day all in all. The market was fairly readable before the Fed announcement and soon after.


Session Time: Wed Oct 29 00:00:00 2008

[08:08] {Threei} Good morning sleepless
[08:30] {Threei} SEPT DURABLE GOODS ORDERS 0.8% V -1.1%E
[08:30] {Threei} DURABLES EX TRANSPORTATION % -1.1%V-1.5%E
[08:32] {lisa_jay} Good morning.
[08:32] {patience} good morning rt :)
[08:32] {Threei} lisa, patience :)
[08:32] {lisa_jay} Hi Patience.
[08:32] {Threei} I thought no one wanted to talk to me... then girls came to rescue
[08:33] {lisa_jay} Just woke up...
[08:33] {patience} i like that sentence....the girls....nice to have another woman in the room
[08:34] {lisa_jay} :-)
[08:38] {magoo} ;ojfsrsjhl;lrsil;jjr
[08:38] {patience} good morning magoo
[08:39] {Threei} khlfmdosdithgjd
[08:39] {magoo} :)
[08:39] {magoo} vad, quick question...jfd,yhfdkdhfvhkhk?
[08:40] {Threei} no
[08:40] {Threei} inkgldmntidk, yes
[08:40] {Threei} but not .jfd,yhfdkdhfvhkhk, not today
[08:41] {magoo} ok..i see..u mean as ldsfmfdlfjljjil
[08:42] {Threei} you got it
[08:44] {Threei} hawk... for someone who holds things overnight, you wake up too late
[08:45] {hawkfan4} honestly, did MS really hit 18?
[08:45] {Threei} 15.8 I see
[08:45] {hawkfan4} ah, good, esig shows a spike to 18 earlier
[08:45] {Threei} if it was higher, it was before 8
[08:46] {Threei} so chart doesn't have it
[08:46] {Threei} fessup time...
[08:46] {Threei} I couldn't resist strong gut feel and took 1000 MTL overnight
[08:47] {Threei} happily dumped at 7.24
[08:47] {hawkfan4} sweet!
[08:47] {Threei} then it upticked to 7.30,
[08:47] {Threei} I thought I was to cry in a few,
[08:47] {Threei} suddenly it dropped all the way to 6.80, even despite big 7.20 bid
[08:48] {Threei} some buys went as high as 7.50 but bid never got there
[08:50] {peterg} Morning troops
[08:50] {Threei} peter :)
[08:53] {ese} morning
[08:53] {Threei} ese :)
[08:54] {ese} morning vad
[08:54] {ese} morning peter
[08:55] {ese} sure is pretty around the island this time of year Vad...am loving the fall colors...once agin
[08:56] {Threei} gosh, Japanese garden in Butchards is incredible
[08:56] {ese} might be biased but our neighbourhood looks fantastic patience.....
[08:56] {ese} it does indeed.....been a couple of times at this time
[08:59] {patience} every day is beautiful here ese, although it looks a little foggy this morning for my run
[09:00] {ese} haven't been out yet patience......was that down by the ater?
[09:00] {ese} water?
[09:00] {patience} my back garden, i'll be running by your place in about 90 minutes
[09:01] {ese} your going to have to stop in for coffee one of these days.....
[09:02] {patience} fire up the spare computer for me then :) ty
[09:03] {ese} will do.......
[09:04] {dino} gm all; see those cme fills +107
[09:05] {Threei} dino :)
[09:05] {lisa_jay} Hi Dino.
[09:05] {Threei} there were a lot of abnormally high prints this morning on many stocks
[09:06] {Threei} not sure they actually took place
[09:07] {dino} as usual, nothing matters
[09:08] {dino} same w/dv -7, but bid/ask up
[09:08] {Threei} SPPI crazy gap
[09:08] {Threei} 09:00am [SPPI] Signs collaboration deal for Apaziquone EOquin with Allergan
[09:09] {Threei} - Allergan will pay Spectrum $41.5M at closing and will make additional payments of up to $304M based on the achievement of certain development, regulatory and commercialization milestones. Spectrum retained exclusive rights to apaziquone in Asia, including Japan and China. Allergan received exclusive rights to apaziquone for the treatment of bladder cancer in the rest of the world, including the US, Canada and Europe. In the US, Allergan and Spectrum will co-promote apaziquone and share in its profits and expenses
[09:10] {brian3579} gm all
[09:10] {Threei} brian :)
[09:10] {ese} this one will be something to watch today
[09:10] {ese} brian...
[09:10] {magoo} not avail sh to laserheads vad
[09:11] {Onix} Good morning all
[09:11] {Threei} onix :)
[09:11] {ese} onix
[09:12] {ese} actually patience...now that i'm thinking of it...im expecting dino and mags to fly in one morning for coffee.....
[09:13] {patience} you talk them into it ese :)
[09:13] {magoo} u got that right...but irish coffee
[09:14] {ese} :)
[09:14] {patience} actually we need vad to teach a course in the bahamas and we'll have our laptops, drinks on the beach learning from him
[09:15] {cosmo} ...been searching for the right monastery, here
[09:15] {Threei} why do you need laptop to learn how to drink on the beach
[09:15] {Threei} cosmo!
[09:15] {cosmo} :)
[09:15] {Threei} where have you been
[09:16] {cosmo} Questhaven Retreat, Self Realization Felowship, etc.
[09:16] {Geo} gm all
[09:16] {cosmo} no electronics
[09:16] {Threei} nice
[09:16] {Threei} Geo :)
[09:16] {dino} cosmos on the beach
[09:16] {ese} now theres an idea patience!!!
[09:17] {cosmo} no news.... yikes
[09:17] {Threei} those who read our trading logs, sorry, no yesterday's... those chat disconnections screwed up the log
[09:18] {lisa_jay} Hi Geo.
[09:19] {dptl} good morning all
[09:19] {Onix} yes Vad, that was quite a pity but fortunately it does ot happen often
[09:19] {ese} dp....
[09:19] {Threei} dp :)
[09:20] {Onix} hi dp
[09:20] {dptl} :)
[09:20] {Onix} geo
[09:20] {lisa_jay} How many monitors do most of you use?
[09:20] {dino} cramer, stocks not best place for next 5 years (cnbc), a bit late wouldn't you think. had people buying like mad in august
[09:21] {ese} that guy is just nuts.....no other way to put it ...just nuts
[09:21] {dino} lisa two, w/6 windows open on one, two windows open other
[09:22] {Geo} hey onix
[09:22] {lisa_jay} Thanks Dino.
[09:22] {dino} np
[09:22] {dino} magoo has 4
[09:22] {ese} anyone got got HERO on there radar?
[09:22] {dino} no, but for lunch, good idea
[09:23] {cosmo} Just in case: There's alot of really nice monasteries to chose from in north SD county
[09:23] {ese} ha ha ha ha......
[09:23] {Geo} lol@dino
[09:23] {dino} oih, uso popping, hero a driller i think
[09:23] {lisa_jay} Ese, put it earlier...will be watching.
[09:23] {dino} released earning at 7:00
[09:24] {dino} clne drop, stock offering
[09:24] {ese} for small cap it's volume seems to be up this morning...hero
[09:25] {ese} ahhhh there we go...beats by .02
[09:26] {magoo} paulie pack dino????
[09:26] {Threei} gosh, stock is down from 40 in June to 5
[09:27] {Threei} unless it goes out of business tomorrow, it's bound to bounce some even if it doesn't beat :)
[09:28] {ese} you talkin about HERO vad....
[09:28] {Threei} yeah'
[09:30] {ese} man....35 bucks.....almost unbelievable hit.....
[09:31] {Threei} Long Setup: BRCM .71
[09:31] {Threei} if stays above .60
[09:32] {magoo} hero report after bell tonite?
[09:32] {Threei} it reported before bell
[09:33] {magoo} ty
[09:33] {ese} now what kink of trade is that.....5.50 to 6.10 hero
[09:39] {Threei} Long Setup: NVDA .33
[09:39] {Threei} if stays above .20
[09:40] {magoo} in nvda
[09:41] {Onix} in
[09:44] {lisa_jay} Thanks Vad, 10c.
[09:44] {Threei} 1:1
[09:44] {Threei} welcome lisa
[09:45] {dptl} half out ty
[09:45] {Onix} 2/3 out .48
[09:46] {peterg} thks vad +.11
[09:46] {Threei} :)
[09:46] {peterg} up more!
[09:46] {ese} long HERO .84
[09:46] {dptl} out all .57 ty
[09:47] {dptl} that was nvda
[09:47] {Onix} all out .59 ty Vad!
[09:47] {dino} gj
[09:47] {ese} full lot...bit of a gamble
[09:50] {Threei} offering NVDA .71
[09:50] {ese} .95 is yesterdays high ...could go if it makes it past that
[09:50] {Geo} all out .67
[09:51] {Threei} stop to .65
[09:51] {Threei} out .66
[09:51] {Geo} nice vad
[09:51] {Onix} gj
[09:52] {dino} fwlt sm l .75
[09:52] {Geo} fwlt
[09:52] {Geo} oops wrong windows sorry
[09:53] {magoo} back
[09:53] {magoo} bumped
[09:53] {ese} ehhh....you guys leave my stock alone....:)
[09:53] {ese} good job!!!
[09:53] {Geo} prgo
[09:54] {ese} come on HERO....
[09:54] {Threei} Long Setup: STLD .32 if stays above .20
[09:54] {Threei} most likely scalp
[09:54] {magoo} oiut nvda .59 btw
[09:54] {magoo} ty vad
[09:55] {Threei} :)
[09:55] {Threei} invalidated STLD
[09:56] {ese} past .90 on this run or i'm out.......
[09:57] {Threei} Long Setup: QS .73 if stays above .60
[09:57] {ese} there you go ..get rid of that resistance
[09:57] {Geo} qs?
[09:57] {Threei} QQQQ
[09:58] {Threei} sorry, forgot that script caputalizes letters
[09:58] {Geo} got it
[10:00] {ese} out HERO .01 +.18
[10:00] {Threei} stopped
[10:00] {dptl} stopped
[10:00] {dino} clf sm l .51
[10:00] {Onix} in & stopped Q's
[10:01] {dino} grrrr cyber frozen
[10:04] {Threei} moving slightly up dino
[10:04] {Onix} STLD fooled us nicely hey?
[10:05] {dino} ty, back
[10:05] {Threei} :)
[10:07] {magoo} AAPL strong
[10:07] {magoo} mkt indicator
[10:08] {Threei} ugh Qs
[10:09] {Geo} hmm casinos rising hard
[10:09] {Geo} mgm wynn
[10:09] {Threei} LVS too
[10:09] {hawkfan4} SLW .21 for a swing, stop 2.99
[10:09] {dino} anybody took clf on your own, still in but up 1+
[10:09] {Geo} ok didnt see that in my scanne as it need twice av vol
[10:10] {Geo} nice dino !
[10:10] {hawkfan4} nice dino
[10:10] {Threei} OK, that wasn't nice by Qs
[10:10] {dino} stop .61
[10:10] {Geo} hehe
[10:10] {dino} stopped +1.10
[10:11] {Threei} you need to change terminology dino :)
[10:11] {Geo} trailing ?
[10:11] {dino} nope
[10:11] {Threei} "stopped" has negative connotations
[10:11] {Threei} + is positive
[10:11] {Threei} we are all confused
[10:11] {Geo} stopped on trail?
[10:11] {Threei} which doesn't say much, we are easily confused
[10:11] {dino} but stops = skill 3i
[10:12] {dino} yes geo
[10:12] {Geo} wow wynn almost 10 bucks
[10:12] {dino} out fwlt .15, +.40
[10:16] {Threei} look who's waking up.... ESLR
[10:16] {Threei} long time no see
[10:18] {ese} am liking that....
[10:18] {magoo} vad..news GOOG?
[10:18] {magoo} should catch up to aapl..bidu
[10:20] {dino} out uthr yesterday swing, +1.25
[10:20] {Threei} nothing significant
[10:22] {magoo} ty
[10:22] {Threei} let's try pullback entry on Qs
[10:22] {Threei} .92 long
[10:22] {Threei} .85 stop
[10:22] {Threei} US HOUSE SPEAKER, MAJORITY SEN REID HAVE REPORTEDLY ASKED THE US TREARURY TO MOVE AGAINST EXCESSIVE GOLDEN PARACHUTES ON INSTITUTIONS RECEIVING GOVT ASSISTANCE
[10:24] {dino} i say if they borrow, fire them, they screwed up
[10:24] {Threei} I am all for that
[10:25] {dino} seriously, bonuses for basically ruining your company
[10:25] {Threei} what a concept
[10:26] {Threei} you perform well - bonus
[10:26] {Threei} you perform badly - bonus
[10:26] {Geo} i guess thats the problem... they thought it was theirs
[10:26] {Threei} you never show up for work - bonus
[10:26] {dino} why call it bonus if you get it no matter what
[10:26] {dino} i don't get a bonus
[10:26] {Threei} as one canadian politician fanously said,
[10:26] {Threei} I am entitled to my entitlements
[10:27] {dino} oh man
[10:27] {Chaeron} good morning everybody
[10:27] {Threei} not kidding... papers had field day with that
[10:27] {Threei} chaeron :)
[10:27] {dino} thats the problem, reality is you are not entitled or deserve sh#t
[10:27] {Threei} half out Qs
[10:28] {Threei} stop to .89
[10:28] {Geo} hiya chaeron
[10:29] {Chaeron} hey threei, hey geo, quiet til fed?
[10:29] {Threei} not so far
[10:29] {Geo} lots of daily hights
[10:29] {Threei} fairly active
[10:29] {dptl} klac?
[10:30] {Threei} but I'd expect markets to get eaither calmer or more erratic as we move closer to fed time
[10:30] {Chaeron} ok, thanks... I'll sit quietly and stalk
[10:30] {Threei} 21 will probably worth a try dp
[10:30] {Threei} if NQ moves up of course
[10:30] {dptl} ty
[10:31] {dino} out aapl swip +6.00
[10:31] {Threei} eeck
[10:31] {Geo} ooooh
[10:31] {lisa_jay} Wow.
[10:31] {Threei} this is unfair... we are entitled to part of dino's winnings, as a bonus for moral support
[10:31] {Chaeron} nice job dino
[10:31] {Threei} let's spread the wealth around
[10:31] {Chaeron} Threei, that's only iof Obama wins
[10:32] {Geo} the funny thing is that that concept comes from adam smith
[10:32] {dino} thx
[10:32] {Geo} the capitalist stalwart
[10:32] {dino} yeah, be carefu for what you wish
[10:32] {dino} careful
[10:33] {Threei} dp, watch KLAC for bounce rather now
[10:33] {Chaeron} who the heck is wishing that?
[10:33] {Geo} lol
[10:33] {Threei} .65 closest support, in NQ turns this is good entry level
[10:33] {dino} v sm s cme .43
[10:33] {dptl} ok ty
[10:33] {dino} not i
[10:35] {dino} evep
[10:35] {Threei} *DOE CRUDE: 500K V +1.5ME; GASOLINE: -1.5M V +1.5ME; DISTILLATES: 2.3M V +1ME;
[10:37] {dino} cov ice .43, +1.00
[10:37] {dino} hawk any better today
[10:38] {hawkfan4} you're on fire :)
[10:38] {dino} those huge up days are not my style
[10:39] {lisa_jay} ADBE follows the market direction so well.
[10:40] {Threei} KLAC stopped going down with market
[10:41] {Threei} worth s try with tight stop under .70
[10:43] {Threei} market not bouncing so far
[10:43] {dino} brb
[10:48] {dino} clf sm l .00
[10:49] {dptl} feels like short now klac....
[10:50] {dptl} i'll leave it aloone for now
[10:55] {dino} clf stopped .90 -.120
[10:55] {dino} .10
[10:56] {hawkfan4} and a wop bop baloobop, a womp bam boom...
[10:57] {Geo} didnt know we traded the italian stock exchange !!
[10:57] {brian3579} lol
[10:57] {dino} i thought he was calling me names
[10:58] {hawkfan4} lol
[10:58] {dino} sitting back for a few, lets see where this is going
[11:00] {Threei} yeah, no defined direction
02[11:00] * Disconnected
02[11:02] * Attempting to rejoin channel #discussions
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02[11:03] * Disconnected
02[11:04] * Attempting to rejoin channel #discussions
03[11:04] * Rejoined channel #discussions
02[11:06] * Disconnected
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03[11:06] * Rejoined channel #discussions
05[11:06] -Threei- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
[11:06] {Geo} trailing ?
[11:06] {dino} nope
[11:06] {Threei} ""stopped"" has negative connotations
[11:06] {Threei} + is positive
[11:06] {Threei} we are all confused
[11:06] {Geo} stopped on trail?
[11:06] {Threei} which doesn't say much, we are easily confused
[11:06] {dino} but stops = skill 3i
[11:06] {dino} yes geo
[11:06] {Geo} wow wynn almost 10 bucks
[11:06] {dino} out fwlt .15, +.40
[11:06] {Threei} look who's waking up.... ESLR
[11:06] {Threei} long time no see
[11:06] {ese} am liking that....
[11:06] {magoo} vad..news GOOG?
[11:06] {magoo} should catch up to aapl..bidu
[11:06] {dino} out uthr yesterday swing, +1.25
[11:06] {Threei} nothing significant
[11:06] {magoo} ty
[11:06] {Threei} let's try pullback entry on Qs
[11:06] {Threei} .92 long
[11:06] {Threei} .85 stop
[11:06] {Threei} US HOUSE SPEAKER, MAJORITY SEN REID HAVE REPORTEDLY ASKED THE US TREARURY TO MOVE AGAINST EXCESSIVE GOLDEN PARACHUTES ON INSTITUTIONS RECEIVING GOVT ASSISTANCE
[11:06] {dino} i say if they borrow, fire them, they screwed up
[11:06] {Threei} I am all for that
[11:06] {dino} seriously, bonuses for basically ruining your company
[11:06] {Threei} what a concept
[11:06] {Threei} you perform well - bonus
[11:06] {Threei} you perform badly - bonus
[11:06] {Geo} i guess thats the problem... they thought it was theirs
[11:06] {Threei} you never show up for work - bonus
[11:06] {dino} why call it bonus if you get it no matter what
[11:06] {dino} i don't get a bonus
[11:06] {Threei} as one canadian politician fanously said,
[11:06] {Threei} I am entitled to my entitlements
[11:06] {dino} oh man
[11:06] {Chaeron} good morning everybody
[11:06] {Threei} not kidding... papers had field day with that
[11:06] {Threei} chaeron :)
[11:06] {dino} thats the problem, reality is you are not entitled or deserve sh#t
[11:06] {Threei} half out Qs
[11:06] {Threei} stop to .89
[11:06] {Geo} hiya chaeron
[11:06] {Chaeron} hey threei, hey geo, quiet til fed?
[11:06] {Threei} not so far
[11:06] {Geo} lots of daily hights
[11:06] {Threei} fairly active
[11:06] {dptl} klac?
[11:06] {Threei} but I'd expect markets to get eaither calmer or more erratic as we move closer to fed time
[11:06] {Chaeron} ok, thanks... I'll sit quietly and stalk
[11:06] {Threei} 21 will probably worth a try dp
[11:06] {Threei} if NQ moves up of course
[11:06] {dptl} ty
[11:06] {dino} out aapl swip +6.00
[11:06] {Threei} eeck
[11:06] {Geo} ooooh
[11:06] {lisa_jay} Wow.
[11:06] {Threei} this is unfair... we are entitled to part of dino's winnings, as a bonus for moral support
[11:06] {Chaeron} nice job dino
[11:06] {Threei} let's spread the wealth around
[11:06] {Chaeron} Threei, that's only iof Obama wins
[11:06] {Geo} the funny thing is that that concept comes from adam smith
[11:06] {dino} thx
[11:06] {Geo} the capitalist stalwart
[11:06] {dino} yeah, be carefu for what you wish
[11:06] {dino} careful
[11:06] {Threei} dp, watch KLAC for bounce rather now
[11:06] {Chaeron} who the heck is wishing that?
[11:06] {Geo} lol
[11:06] {Threei} .65 closest support, in NQ turns this is good entry level
[11:06] {dino} v sm s cme .43
[11:06] {dptl} ok ty
[11:06] {dino} not i
[11:06] {dino} evep
[11:06] {Threei} *DOE CRUDE: 500K V +1.5ME; GASOLINE: -1.5M V +1.5ME; DISTILLATES: 2.3M V +1ME;
[11:06] {dino} cov ice .43, +1.00
[11:06] {dino} hawk any better today
[11:06] {hawkfan4} you're on fire :)
[11:06] {dino} those huge up days are not my style
[11:06] {lisa_jay} ADBE follows the market direction so well.
[11:06] {Threei} KLAC stopped going down with market
[11:06] {Threei} worth s try with tight stop under .70
[11:06] {Threei} market not bouncing so far
[11:06] {dino} brb
[11:06] {dino} clf sm l .00
[11:06] {dptl} feels like short now klac....
[11:06] {dptl} i'll leave it aloone for now
[11:06] {dino} clf stopped .90 -.120
[11:06] {dino} .10
[11:06] {brian3579} db3579bella1bambino
[11:06] {brian3579} sorry
[11:06] {brian3579} wrong screen
[11:06] {hawkfan4} and a wop bop baloobop, a womp bam boom...
[11:06] {Geo} didnt know we traded the italian stock exchange !!
[11:06] {brian3579} lol
[11:06] {dino} i thought he was calling me names
[11:06] {hawkfan4} lol
[11:06] {dino} sitting back for a few, lets see where this is going
[11:06] {Geo} back
[11:06] {Geo} umm did vad forget to pay the power bill again?
[11:07] {Threei} grrr
[11:07] {magoo} u gotta get a better server boss
[11:07] {magoo} 3rd bump off
[11:07] {Threei} just talked to them
[11:07] {Threei} they are aware of a problem, investigating...
[11:08] {dino} qcom sm l .75
[11:08] {Geo} which irc server is it?
[11:08] {Threei} what do you mean?
[11:08] {Geo} what software for server
[11:09] {Threei} how do I know, lol
[11:09] {Geo} true
[11:09] {Threei} hosting company is securewebs
[11:09] {Threei} anyone took KLAC, take scalp
[11:10] {magoo} u need to use relaiblewebs
[11:10] {_oneiron} out
[11:10] {Threei} I don't believe we will get sustained trends on a FOMC day
[11:10] {Threei} scalping day
[11:10] {Geo} lol@dino
[11:10] {Threei} at least for now
[11:11] {Threei} there are too many opinions on what Fed is going to do, spectre is all over, from .25 to whole point cut
[11:11] {Threei} no way to tell what decision will be met with what reaction
[11:12] {peterg} when report?
[11:12] {Threei} 2:15
[11:12] {peterg} ty
[11:14] {Threei} LVS is a short killer
[11:15] {dino} bet is .50 cut
[11:15] {dino} one beer
[11:16] {magoo} ben to stupid to do that
[11:16] {dino} coors extra gold magoo, you're on
[11:16] {magoo} .25 isall
[11:17] {Geo} FOMC Consensus Forecast for 10/29/08 policy vote on fed funds target: down 50 basis points to 1.0 percent
[11:17] {Geo} Range: 74 percent probability for a 50 basis point cut and a 26 percent probability for a 75 basis point cut, based on settle for October 24
[11:17] {Geo} ill side sith dino
[11:17] {Geo} umm with
[11:19] {dino} ty geo
[11:21] {Threei} fairly sustanable buying LVS
[11:21] {Threei} watching if holding 7
[11:21] {dino} penn, wynn too
[11:23] {hawkfan4} Q's .71, stop .59
[11:23] {dptl} test
[11:24] {Threei} passed
[11:24] {dptl} ty
[11:24] {dino} just barely dp
[11:25] {dptl} :)
[11:26] {Threei} if this ARCA offer is taken on LVS
[11:26] {Threei} it is
[11:26] {Threei} worth a try long
[11:26] {Threei} half lot, .20 break
[11:26] {Threei} too much buying to ignore
[11:26] {Threei} but volatility is horrible
[11:27] {Threei} so let's keep it to half lot
[11:28] {magoo} target?
[11:28] {magoo} scalp?
[11:28] {Threei} depending on how it trades after break
[11:29] {Threei} hard to tell for now
[11:29] {dino} out qcom .15, +.40
[11:29] {dino} goog v sm l 6.75 wide
[11:29] {Threei} if spikes very fast, yes, grab profit and let it do whatever it wants
[11:30] {Threei} if continues churning offers and climbing gradually, hold for a while
[11:31] {Threei} so far so good
[11:31] {Threei} offering half .43
[11:32] {dptl} were stop lvs?
[11:32] {Threei} under 7
[11:32] {dptl} ty
06[11:32] * Threei kicks LVS in the rear
06[11:34] * Threei reminds LVS we are merely mortals
[11:34] {Threei} out half
[11:34] {Threei} stop to .15
[11:34] {_oneiron} out half
[11:35] {dptl} out half
[11:35] {magoo} nice kick, er um call
[11:35] {dino} gj
[11:36] {Threei} if we make new highs on LVS, you'll have to decide between taking it all above .50
[11:36] {Threei} or trailing
[11:36] {Threei} no way to tell which is better, personal preference
[11:36] {Threei} for now stop is under .20
06[11:38] * Threei hangs a carrot over .50 for LVS
[11:40] {Threei} here comes our spike... nervous nellies are out here
[11:40] {Threei} strong silent types are holding
[11:40] {dptl} out some more
[11:41] {Threei} and trailing their stops to under .30
[11:42] {Threei} the strongest and silentest (forgive me peter) type offers it at .85
[11:42] {dptl} offering last .97
[11:43] {Threei} I am out .85
[11:43] {Geo} excellent vad
[11:43] {Threei} dp outstronged and outsilenced me
[11:44] {hawkfan4} beauty
[11:44] {_oneiron} out in full ty 3i
[11:44] {Threei} welcome oneiron
[11:44] {_oneiron} ).
[11:44] {Threei} who are you calling beauty hawk?
[11:45] {hawkfan4} {blushes} why you of course :)
[11:45] {Threei} dp is out
[11:45] {dptl} ok.90 out tyyyy
[11:45] {Threei} wasn't easy call, with it being so much up
[11:45] {dptl} changed my mind last second :)
[11:45] {Threei} too bad
[11:45] {Threei} it hit .99 just for you :)
[11:46] {dptl} ye...but still good:)
[11:46] {Threei} peter and raven fainted after reading "silentest"
[11:47] {Geo} whats wront?
[11:47] {Geo} its a test of silence
[11:48] {Geo} man LVS
[11:48] {Geo} silentest of all
[11:50] {Threei} OK, LVS will never stop
[11:50] {Threei} it will goo up, up and up
[11:50] {Geo} feeling bad vad?
[11:50] {Threei} until it reaches the end of the Universe or end of Internet, whichever comes first
[11:50] {Threei} no
[11:51] {Threei} stock was up from frikin 5 to over frkin 7
[11:51] {Geo} I ahem missed......
[11:51] {Threei} took a lot of guts to call it there as it was, and to hold for more than a scalp
06[11:51] * Geo is feeling like @#$%
[11:51] {Geo} got a phone from office
[11:52] {dino} goog stopped -$200
[11:52] {dino} broken today
[11:52] {Geo} yeah not following NQ
[11:52] {dino} should go now that i'm out, but not letting it ruin a good day
[11:53] {Geo} yup vad LVS
[11:53] {Geo} also MGM and WYNN
[11:54] {dino} drys wow, 129-16
[11:56] {Threei} yeah... DRYS is not very recession=proof one
[11:59] {dino} another cramer pick in the 100s
[11:59] {Threei} nice
[12:00] {hawkfan4} probably time to average down
[12:00] {Threei} lol
[12:00] {Threei} you still in Qs, hawk?
[12:00] {hawkfan4} yep, waiting for a spike
06[12:01] * Threei recognizes hawk as a strong silent type
[12:01] {hawkfan4} lol, better than silent but deadly
[12:02] {dino} :)
[12:06] {hawkfan4} out q's +.14
[12:08] {Geo} man LVS
[12:10] {Threei} told ya... it's set to search for where the universe ends
[12:10] {Threei} chaeron :(
[12:11] {Threei} missed best play of the day
[12:11] {Geo} i am with ya chaeron
[12:11] {Geo} i was here and missed it
[12:12] {Chaeron} I got cut off and just rejoined... dang
[12:13] {magoo} l aapl here .35
[12:13] {magoo} 300 sh
[12:13] {magoo} fast
[12:14] {magoo} out here .67
[12:14] {magoo} easy button
[12:14] {dino} gj
[12:15] {Threei} magoo ever the scalper
[12:15] {magoo} that was nice right?
[12:15] {hawkfan4} nice. definitely the way to go today so far
[12:16] {magoo} low risk
[12:18] {dptl} oh..its fed today???
[12:18] {Threei} lol
[12:19] {Threei} good morning dp
[12:19] {dptl} lol
[12:19] {dptl} what time?
[12:19] {Threei} told you put that vodka down that early in the day
[12:19] {Threei} 2:15
[12:19] {dptl} lol....ty
[12:20] {Threei} market flatlined
[12:21] {Threei} 8.50 is kind of critical for LVS now
[12:21] {Threei} if holding above it, likely to spike into 9 and higher
[12:22] {Threei} not suggesting a trade, risk is enormous
[12:22] {Threei} rather watch it for educational purposes
[12:22] {Threei} or if hands are itching, smaaaal shares
[12:22] {dptl} klac again?
[12:23] {Threei} 21 break... but, only if you believe in NQ ramp up
[12:23] {dptl} yeah.....thats the problem....
[12:24] {Threei} lost .50, LVS, and didn't bounce right back... most likely done
[12:24] {Threei} NQ is trying
[12:25] {Threei} if KLAC chews through 21, stop would be under 20.90
[12:25] {Threei} so... why not
[12:25] {magoo} i rember yrs ago...take those small dollar stocks like LVS 5k sh and run 2 points
[12:25] {magoo} SIGH
[12:26] {magoo} remember vad?
[12:26] {Threei} it will come back mags
[12:26] {Threei} once bull firmly establishes itself
[12:26] {dino} still happens magoo, only in reverse everyday
[12:26] {magoo} tru dat dino
[12:26] {Threei} appetite for stocks will skyrocket a lot of them
[12:28] {Threei} wow LVS
[12:28] {Threei} market spike encouraged it I guess
06[12:28] * Threei slaps laserdave1 around a bit with a large trout
06[12:29] * magoo slaps laserdave1 around a bit with a large trout
[12:30] {Threei} GM
[12:30] {Threei} REPORTEDLY MAJOR ISSUES HAVE BEEN RESOLVED IN TALKS WITH CERBERUS - UNCONFIRMED REPORT
[12:30] {Threei} - The two companies have reportedly agreed that GM CEO Rick Wagoner would lead the merged entity. This seems to confirm earlier reports from 10/24 that Cerberus does not want to force management changes as part of any deal between GM and Chrysler. Additionally, the UAW has been approached during the negotiations.
[12:30] {Threei} - separately GM has declined any comment on reports that it was seeking help from Toyota.
[12:30] {Threei} KLAC over 1:1
[12:31] {dptl} yeah...didn't take it.....oh well
06[12:31] * Threei adds dptl to the list of nervous nellies
[12:31] {dptl} :)
[12:33] {dino} add dino too
[12:33] {Threei} KLAC 1:2
06[12:33] * Threei makes sure to rub it in
[12:35] {magoo} vad..lok for goog news again please
[12:35] {magoo} this is nuts
[12:35] {magoo} all other tech up
[12:35] {Threei} nothin fresh mags
[12:36] {magoo} it should be green at min
[12:36] {magoo} your not looking
[12:36] {magoo} magoo runs from fish lol
[12:41] {dino} v sm goog s .50
[12:42] {dino} 9.50
[12:43] {dino} cov 8.30, +1.20
[12:43] {dino} dino ducks as magoo throws book at me
[12:44] {dino} way soon
[12:48] {hawkfan4} out 1/4 MS +$4.08
[12:48] {Threei} sigh
[12:48] {Threei} this is indecent
[12:49] {Chaeron} umm... I'm feeling very inadequate
[12:49] {hawkfan4} lucky, i sat thru that huge pullback to 13.40
[12:49] {Threei} my usual feeling chaeron
[12:49] {Threei} so I'd have to put it this way:
[12:49] {Threei} it adds to my list of inadequacies
[12:50] {Chaeron} I make $0.25 here and $0.30 there.... and these guys pulling in+$4 trades
06[12:50] * dino slaps Chaeron around a bit with a large trout
[12:50] {dino} and hawk, wtg
[12:50] {Chaeron} it's more obscene than an X Rated movie
[12:51] {Threei} niew spike is coming it seems
[12:51] {Chaeron} Q's over .43?
[12:52] {hawkfan4} thx dino
[12:52] {Threei} no clean technical read chaeron
[12:52] {dino} :)
[12:52] {dino} up then down
[12:52] {Threei} I prefer pullbacks still
[12:52] {Chaeron} thanks
[12:53] {dino} or reverse, lol
[12:53] {Threei} lol
[12:53] {Threei} whichever comes first gets reversed after
[12:53] {dino} agreed
[12:58] {dino} ice sm s .15 stop .51
[13:00] {dino} stopped that was fast
[13:10] {dino} clf l sm .51
[13:11] {peterg} back after work; reviewing log, I notice several invented words. I have been to rehab for compulsive spellers, and the new mantra is communicate, baby
06[13:12] * dino slaps peterg around a bit with a large trout
[13:12] {Threei} hmmm
[13:13] {Threei} never thought rehabs worked
[13:13] {peterg} thks, I needed that
[13:13] {peterg} they dont, but I can pretend
[13:13] {dino} indeed peter
[13:13] {dino} ice rinsed
[13:15] {hawkfan4} long q's .24, stop .18
[13:19] {dino} clf stopped -.33
[13:19] {Threei} PREVIEW: FOMC RATE DECISION DUE OUT AT AROUND 2:15PMET
[13:19] {Threei} **consensus expectation is for a 50bps cut to 1.00%, though a few analysts are predicting a lesser 25bps cut. Fed Funds Futures are currently fully pricing in 50bps, and predicting an almost 50% chance of a 75 bps cut. Even though another rate cut will likely have little effect on the real economy in the short term given the absence of lending, a rate cut seems to be a given today as another psychological boost for the market.
[13:19] {dino} taking break
[13:19] {dino} rate cut lets bank increase their spreads, print $
[13:21] {dino} rinsed again, sitting until meetging over
[13:21] {dino} meeting
[13:22] {hawkfan4} put hard stop on q's at .17, time for lunch
[13:23] {peterg} long 1/2 cup chicken chili soup
[13:24] {Threei} we always knew hawk leaving was good for the markets
[13:26] {magoo} so vad..what u thinkin
[13:26] {magoo} sell off after rate news?
[13:26] {Threei} with feds, no clue mags
[13:26] {magoo} sell the news
[13:26] {magoo} god danmmit
[13:26] {Threei} not necessary
06[13:26] * magoo slaps Threei around a bit with a large trout
[13:26] {Threei} markety is in bullish mode
[13:27] {magoo} markety??
[13:27] {Threei} it can just as well simply wait to make sure it's not a lesser cut than expected
[13:27] {magoo} whos that hr he?
[13:27] {Threei} then skyrocket
[13:27] {magoo} if lesser...crash?
[13:27] {Threei} again.... nopt necessary
[13:27] {Threei} initial reaction maybe
[13:28] {magoo} is ben that stupid to go only 25?
[13:28] {Threei} then it can just as well be percieved as sign of underlying strength
[13:28] {Threei} guessing game, really
[13:28] {magoo} whats the plan?
[13:28] {Threei} don't have any
[13:29] {Threei} letting annoucement time and initial reaction go
[13:29] {magoo} that does itttttttttttt
[13:29] {Threei} then watching what transpires
[13:30] {lisa_jay} Magoo, if Benny does deliver the .5 point then market could also sell off....like the Bill passing. My 2c.
[13:30] {Threei} that's what I mean... anyone's guess at this point
[13:30] {magoo} [13:26] {magoo} sell the news
[13:32] {lisa_jay} :-)
[13:33] {hawkfan4} 1/2 out q's +.25
[13:33] {lisa_jay} Nice Hawk.
[13:33] {hawkfan4} thx lisa :)
[13:34] {magoo} mkt spiking into annctmt
[13:37] {dino} next gap 9310
[13:37] {dino} gj hawk
[13:38] {Threei} if cut is bigger than expected, MS is likely beneficiary
[13:38] {Threei} REPORTEDLY NEW FDIC PLAN TO PREVENT FORECLOSURES COULD PROVIDE UP TO $600B IN GOVERNMENT GUARANTEES ON AS MANY AS 3M AT RISK MORTGAGES - UNCONFIRMED REPORT
[13:38] {Threei} - reminder: earlier today, the FDIC's Bair reportedly said FDIC was developing a plan to spur loan modifications, hoping to make a "major impact."
[13:38] {hawkfan4} thx dino
[13:39] {magoo} see GOOG
[13:39] {magoo} this is what i was saying
[13:40] {magoo} shoiuld be green
[13:41] {dino} but it isn't magoo, something wrong
[13:43] {magoo} how would u like having a critic sitting in same office with ya? annoying
[13:44] {dino} just stating the obvious
[13:44] {hawkfan4} lol
[13:47] {Threei} throw Google search bar at him
[13:47] {hawkfan4} out rest q's +.22
[13:48] {dino} gj
[13:48] {Threei} FITB is still moving
[13:48] {Threei} hawk, don't tell me you are still holding
[13:48] {hawkfan4} still have 1/2 :)
[13:48] {Threei} {--- crying
[13:49] {hawkfan4} gonna sell 1/4 b4 the announcement and take my chances with small shares
[13:51] {dino} well, risk is our business
[13:52] {Threei} and just so everything's clear, hawk's small shares is like 3K
[13:52] {Threei} or 6
[13:52] {hawkfan4} lol, no
[13:52] {Geo} chump change for him
[13:52] {Threei} :)
[13:54] {magoo} goog going green
[13:54] {magoo} vad, should i hold 1k into announcemt
[13:54] {Geo} [10:51] {dino} well, risk is our business
[13:55] {Threei} of GOOG mags?
[13:55] {magoo} yeah
[13:55] {Threei} I don't know why you would want such spare change
[13:55] {Threei} get 10K
[13:55] {Threei} be brave
[13:55] {Threei} heroic
[13:55] {Threei} patriotic
[13:56] {magoo} i thought u were to faint there
[13:56] {lisa_jay} I fainted...
[13:56] {Threei} see, here is where you err:
[13:56] {Threei} you assume my normal state is consciousness
[13:56] {Threei} so I can faint
[13:56] {lisa_jay} Lol.
[13:57] {magoo} no..i assume u care lol
[13:57] {Threei} me?? care??
[13:57] {magoo} my point
[13:57] {Threei} wait... I do
[13:57] {Threei} if I don't how do I know when to trout you
[13:58] {peterg} intuition=knowledge based on feeling
[13:58] {magoo} u been sparse with the fish today
[13:58] {Threei} I disagree
[13:58] {Geo} .
[13:58] {Threei} intuition - knowledge based on internalized experience
[13:58] {dino} risk is your friend, embrace it, dance w/it, don't be afraid of it, understand it and control it
[13:59] {Geo} or feeling based on knowledge?
[13:59] {peterg} feeling, no?
[13:59] {peterg} all good
[13:59] {Threei} I am feelingless
[13:59] {Threei} especially after dinner with dptl
[13:59] {peterg} the instrument awaits to be played \
[14:00] {dino} yuk
[14:00] {peterg} awaits inputs & output
[14:00] {peterg} s
[14:00] {dino} lol
[14:00] {dptl} lol Vad...
[14:00] {Threei} all my 5 senses get muted after 3rd bottle of vodka
[14:00] {Geo} wow how many shots of vodka dp?
[14:00] {Geo} BOTTLE?
[14:00] {Threei} and dp never stops until 6s
[14:01] {peterg} k back for close in 2
[14:01] {Threei} on the postive side, 7s sense appears
[14:01] {Threei} (6s is being skipped as my math abilities get muted too)
[14:03] {Threei} MS and FITB pulled back a bit before announcement
[14:03] {dino} markets too
[14:04] {Threei} yeah, I guess they simply nmove in synch for now
[14:04] {dino} watching clf again, sitting until 2:30ish
[14:06] {magoo} a bit before announcement
[14:07] {magoo} what announcemt vad
[14:07] {Threei} oh boy
[14:07] {Threei} CNN
[14:07] {Threei} now they show what exactly happens in the brain of undecided voters
[14:07] {laserdave1} what announcement
[14:07] {Threei} just how much one topic can be milked, lol
[14:07] {Geo} wedding
[14:07] {Threei} ok mags
[14:08] {Threei} I realize you are suffering
[14:08] {Threei} only out of my general mercifullness:
06[14:08] * Threei slaps magoo around a bit with a large trout
[14:08] {magoo} :)
06[14:10] * laserdave1 slaps magoo around a bit with a large trout
06[14:11] * magoo slaps hawkfan4 around a bit with a large trout
[14:11] {dino} yeah, magoo's suffering...from a hangover
[14:11] {Threei} hmmm
[14:12] {Threei} look at FITB level 2
[14:12] {magoo} dont tell them that....dont want them thinking i boozer
[14:12] {Threei} quotes almost disappeared on the ask side
[14:13] {Threei} 2 min
[14:14] {Threei} 1
[14:15] {magoo} im so nervous
[14:16] {Threei} is my clock off?
[14:16] {hawkfan4} they're late
06[14:16] * Threei slaps magoo around a bit with a large trout
[14:16] {hawkfan4} 4 pt spread on nq, geesh
[14:16] {Threei} risk aversion
[14:16] {magoo} we are plus 56 and 21 before anncmt
[14:17] {dptl} dow 81
[14:17] {magoo} 43
[14:17] {dptl} 63
[14:18] {magoo} 61
[14:18] {dino} lunch must be late
[14:18] {magoo} half
[14:18] {hawkfan4} 1/2
[14:18] {dino} .50
[14:18] {Threei} yup
[14:18] {Geo} so dino you gettin gbeer?
[14:18] {magoo} first move down
[14:18] {dino} going for -100 area dji, then bounce
[14:19] {dino} indeed i am geo
[14:19] {Geo} indeed
[14:19] {dino} cown spike
[14:19] {dino} hmmm reverse of thoughts dji
[14:25] {dino} -67
[14:25] {Threei} -84
[14:25] {Threei} quotes delay or just too fast?
[14:25] {Threei} -99
[14:26] {Threei} -73
[14:26] {Threei} really fast
[14:26] {dino} pulp
[14:29] {Threei} -24
[14:29] {Threei} lol
[14:29] {magoo} are we in anything?
[14:29] {Threei} in coma
[14:30] {lisa_jay} :-)
[14:30] {dino} prime drops to 4.5%
[14:31] {Threei} mags. let's let the dust settle
[14:31] {magoo} u bet
[14:31] {Threei} no patterns work in this hectic up and down
[14:32] {magoo} look at qqqq chart..a lil jerky
[14:32] {dino} bit of chaos
[14:32] {dino} -11
[14:32] {dino} 100
[14:32] {dino} hmmm maybe -200
[14:33] {Threei} wstching MS for bounce off 15
[14:34] {dino} i suppose -200 gets us our normal 400 range
[14:36] {Threei} anoyone caught it?
[14:36] {Threei} we are at exit point
[14:39] {Threei} a bit more strength now
[14:39] {Threei} next opullback is a buy
[14:40] {Threei} Qs or whatever you like that tracks it
[14:41] {Threei} ok, should pull back from here
[14:42] {Threei} wow... still going
[14:45] {Chaeron} just got back... still too hectic?
[14:45] {Threei} starting to improve
[14:45] {Threei} jyst doesn't want to pull back for us
[14:47] {Threei} pullbacks are ridiculously shallow
[14:48] {Threei} I was waiting for closer to 32 on Qs, and all it did was 32.24
[14:49] {Threei} watch where MS bottoms out
[14:49] {Threei} if shallow enough, 16 is next long trigger
[14:51] {Threei} bounce will be better with this depth of pullback
[14:51] {Threei} but need one more leg
[14:54] {magoo} u in ms
[14:54] {Threei} not yet, waiting for this last leg
[14:55] {Threei} can take a few tries
[14:55] {Threei} in .49
[14:55] {Threei} stop under .40
[14:55] {dino} clf sm l .03
[14:55] {Threei} CNBC'S LIESMAN: EARLIER REPORTS ON FIGURES OF FDIC PLAN FOR FORECLOSURES 'PREMATURE' AS LOOKING FOR ALTERNATIVES AND ACCEPTING NEW IDEAS
[14:56] {Geo} in .48
[14:56] {Threei} half out
[14:56] {Threei} .65
[14:56] {Geo} .63 here TY vad
[14:57] {magoo} i missed
[14:57] {Threei} it gave second chance
[14:57] {Geo} i missed yes
[14:57] {Threei} after my post
[14:57] {Geo} got in that
[14:57] {Threei} wake up, will ya
[14:57] {Threei} offering .75, stop .45
[14:58] {magoo} looking to go long off .75
[14:58] {Threei} lol
[14:59] {Geo} nice thanks vad
[14:59] {Geo} all out
[14:59] {Threei} :)
[14:59] {Threei} they are nading money out today
[15:00] {Threei} handing
[15:00] {Chaeron} scalped .10 outta Q's...
[15:00] {dino} out clf .63, +.60
[15:02] {Onix} OK I made it in for lunch again, how are ya all doing?
[15:02] {Chaeron} same story... Dino making 6x my trades :)
[15:02] {Geo} .you missed MS chaer?
[15:02] {Chaeron} yeah....
[15:03] {dino} lol good day
[15:03] {dino} 3x's
[15:03] {Geo} nice dino....
[15:03] {dino} thx makes up for mon. and tues.
[15:03] {Chaeron} happy for you dino :) Honor to be on the same field
[15:03] {dino} the honor is mine
[15:03] {Chaeron} ok, now let's go kill another one
[15:04] {Geo} dino honorable and rich
[15:04] {dino} indeed, we eat what we kill
[15:04] {Geo} phew
[15:04] {Geo} for a second i thought he typed " on another"
[15:05] {dino} lol
[15:05] {dino} you know what i say geo.....
[15:05] {Geo} ummmm
[15:05] {Geo} stops are skill?
[15:05] {dino} being poor sucks....staying poor is stupid
[15:05] {Geo} nice
[15:06] {dino} i guess i say too much
[15:07] {_nicklam66} looks its forming an acute triangle
[15:07] {Threei} what does, nicklam?
[15:08] {_nicklam66} qqqq?
[15:08] {_nicklam66} and ms
[15:08] {magoo} last hour gonna be interesting
[15:08] {Threei} yeah
[15:08] {dino} as in pretty?
[15:08] {dino} a cute
[15:08] {_nicklam66} lol no
[15:08] {dino} my humoir is wasted
[15:09] {Threei} lol
[15:09] {Geo} lol
[15:09] {magoo} humoIr?
[15:09] {hawkfan4} lol, it's kinda cute, but i've seen cuter
[15:09] {Geo} better than the benign dictator anyday
[15:09] {dino} roflol
[15:10] {Threei} bening is tumor... dicators are benevolent
[15:10] {magoo} leave newbie alone
[15:10] {Geo} beningn as in not too dangerous
[15:10] {Geo} benevolent i dunno
[15:11] {magoo} magoo ooks up benevolent in pictionary
[15:11] {Geo} lol
[15:11] {Geo} i actually bought one this weekend
[15:11] {Geo} for the kids..... been reading it
[15:11] {dptl} lol
[15:11] {Geo} myself
[15:14] {Geo} hey dino..... maybe your NYSE stop rinses will improve
[15:14] {Geo} http://www.reuters.com/article/marketsNews/idINN2452708120081024?rpc=44
[15:15] {dino} lets hope
[15:15] {Geo} NYSE's new rules to eliminate specialists' "look"
[15:16] {Threei} very bullish action
[15:16] {dino} spike
[15:16] {hawkfan4} ramp time, thinking big into close
[15:17] {Threei} I think so too
[15:17] {dino} wants the gap 9310
[15:17] {magoo} server vad?
[15:17] {dino} 10-15
[15:17] {Threei} 8
[15:18] {magoo} ty
[15:19] {magoo} goog going green RISKY
[15:20] {dino} 30 pts
[15:20] {Threei} [13:27] {Threei} it can just as well simply wait to make sure it's not a lesser cut than expected
[15:20] {Threei} [13:27] {Threei} then skyrocket
[15:21] {Chaeron} shoot... misssed that one too
[15:21] {Threei} bull market is bull market
[15:21] {magoo} who said that?
[15:21] {Threei} Zaratustra
06[15:21] * Geo thinks chaeron has taken em all secretly
[15:21] {dino} filled, also about 400 pt range
[15:22] {Geo} the zoroastrian god? no way
[15:22] {dino} bull market? not in only 2 days
[15:22] {Chaeron} yeah... THAT'S it Geo... so I don't have to report them to the IRS??? lol
[15:22] {Geo} lol
[15:22] {dino} i say its a bear market spike
[15:22] {Threei} hey, as if we weren't known to play 5 minutes bull markets
[15:22] {dino} ok, now i see
[15:22] {Threei} :)
[15:22] {magoo} GREEN
[15:24] {dino} next gap i show is 9955 fwiw
[15:24] {dino} thinking not today
[15:24] {magoo} roflol
[15:25] {magoo} TODAYYYYYYYYYYY
[15:25] {Threei} ah come on
[15:25] {Threei} we did fill all gaps on downside in one day just couple days ago
[15:25] {Threei} let's do it on long side now
[15:25] {dino} 15% in 2 days
[15:26] {dino} patience knows what i'm thinking
[15:26] {magoo} kiss of death..cramer calling for 500 up on columnists conversation
[15:27] {Threei} oh boy
[15:27] {Threei} he already reversed his sell all call?
[15:27] {magoo} well..hes got everyone in cash
[15:27] {magoo} so load up lol
[15:27] {dino} yes and this morning he said no buys for 5 years
[15:29] {Threei} seriously?
[15:31] {dino} yes
[15:31] {dino} since he became talking had, he has lost his skill, imo
[15:32] {dino} head
[15:34] {dptl} ok...have a good evening all :)
[15:34] {Threei} take care dp
[15:34] {magoo} still posting up 500
[15:35] {magoo} says we did 400 yesterday innn last 30 mins
[15:36] {dino} cya dp
[15:36] {magoo} bye dp
[15:45] {Threei} hmmm... dp seems to be shopping hard lately
[15:45] {Threei} look at CEDC
[15:46] {hawkfan4} lol
[15:47] {lisa_jay} 36% move in 3 sessions..
06[15:48] * Chaeron slaps laserdave1 around a bit with a large trout
06[15:49] * magoo slaps laserdave1 around a bit with a large trout
[15:50] {magoo} ty all..good day
[15:50] {Chaeron} Geo... DCC
[15:51] {magoo} cramer gonna look lika ass AGAIN
[15:52] {dino} lol
[15:52] {lisa_jay} Magoo if you have minute DCC please.
[15:54] {hawkfan4} are we up 500 yet?
[15:54] {Threei} uhhu
[15:54] {Threei} it's down 5 but who is counting
[15:54] {magoo} he had them buying
[15:54] {dino} grrrrr, dino getting mad
[15:54] {Threei} truly amazing
[15:54] {dino} missed dxd at 70 twice
[15:55] {Threei} ) IMF: ARGENTINA WILL NOT BE ELIGILBLE FOR THE NEW EMERGING MARKET FACILITY
[15:55] {Threei} don't cry for me argnetina?
[15:56] {peterg} covered apple for +.45
[15:56] {Threei} wtg
[15:56] {peterg} tks
[15:56] {Geo} chaeron dcc
[15:57] {hawkfan4} only 525 points to go
[15:57] {dino} morn
[15:57] {dino} gj peter took guts
[15:57] {hawkfan4} nice one peter
[15:58] {peterg} tks team; all smiles
[15:58] {Threei} great day
[15:58] {dino} ms 15
[15:58] {dino} thx all, very good day, appreciate the help
[15:59] {Threei} thank you all
[15:59] {Threei} have a great relaxing evening
[15:59] {magoo} WAIT VAD
[15:59] {hawkfan4} thx all, enjoy
06[15:59] * magoo slaps Threei around a bit with a large trout
[15:59] {Threei} see you tomorrow for another 1000 points
[15:59] {dino} going up 400, sheesh -140
[15:59] {Threei} that wasn't very nice mags
[15:59] {Threei} but then again, what else is new
[15:59] {magoo} felyt good
[15:59] {Threei} really?
[15:59] {Threei} lemme check
06[15:59] * Threei slaps magoo around a bit with a large trout
[15:59] {Threei} yup
[15:59] {Threei} you are right
[15:59] {magoo} ROFLOL
[15:59] {Threei} feels great
[16:00] {Threei} see you tomorrow :)
[16:00] {magoo} today was fun
[16:00] {lisa_jay} Thanks Vad.
[16:00] {dino} \magoo, a brew is in order
[16:00] {magoo} INDEED