Monday, January 5, 2009

Jan 05 2009

Very strong day, quite a few nice sizeable wins in the morning, then mostly scalps in the aftrenoon. RIMM, DRYS and a few others behaved well.


Session Time: Mon Jan 05 00:00:00 2009

[08:03] {magoo} morning
[08:03] {Threei}  good morning
[08:03] {Threei}  01/05/09 07:12am
[08:03] {Threei}  [NFLX] Netflix Inc Enters into pact with LG Electronics for broadband TV projects
[08:03] {Threei}  - Would enable the real-time viewing of Netflix films.
[08:04] {Threei}  DRYS is unstoppable
[08:04] {magoo} vad, i watched storm of century yesterday, it was on sci fi network
[08:05] {Threei}  I have dvd
[08:05] {magoo} forgot how good it is
[08:05] {Threei}  pretty powerful, isn't it
[08:10] {magoo} whats up with DRYS?
[08:11] {Threei}  no news
[08:11] {magoo} used to be shortable..not now
[08:14] {patience} good morning guys  :)
[08:15] {Threei}  patience :)
[08:15] {magoo} patience:)
[08:26] {magoo} what u stalking vad?
[08:27] {Threei}  DRYS, EGLE, PLD
[08:28] {i2romantis} morning guys!
[08:28] {Threei}  i2r :)
[08:28] {i2romantis} 3i:)
[08:29] {i2romantis} any thoughts on dds.to and gm?
[08:30] {Threei}  GM is stay away other than for scalps
[08:30] {Threei}  not playing TSX at all
[08:30] {i2romantis} yes, I was scalping GM 
[08:30] {i2romantis} If ind tsx stocks moving thinly
[08:31] {Threei}  AAPL
[08:31] {Threei}  JOBS HAS HOMRONE IMBALANCES THAT CAUSED WEIGHT LOSS
[08:34] {Threei}  .20 break DRYS, half lot for scalp with stop under .10 - for adrenaline-deprived
[08:36] {KSystems} argh too late
[08:36] {Threei}  no chasing
[08:36] {Threei}  there was a big offer at .20... scrolled through just as I typed
[08:36] {KSystems} are you out already?
[08:36] {Threei}  missed it while typed
[08:36] {KSystems} uck
[08:37] {Threei}  FMCN upgrade, 13 target
[08:38] {Larisa1} good morning :)
[08:38] {Threei}  Larisa :)
[08:39] {Larisa1} threei :)
[08:39] {Threei}  ugh... 1:1
[08:39] {Threei}  ok, let's consider it my call warm-up :)
[08:50] {ese} good morning all.....
[08:50] {Threei}  ese :)
[08:50] {Onix} Good morning all
[08:50] {Threei}  onix :)
[08:50] {ese} onix
[08:50] {Threei}  ese, you asked about MA crossover alert in iscan
[08:50] {ese} ready for the new year vad?
[08:50] {Threei}  you know it's there now?
[08:51] {Threei}  a few of them actually
[08:51] {Threei}  ready? we already made money on Jan 2nd :)
[08:51] {ese} yes awhile ago
[08:51] {cosmo} ... a brave new year...
[08:51] {Threei}  have a look at last 20 pics or so:
[08:51] {Threei}  http://www.flickr.com/photos/36948132@N00/
[08:52] {cosmo} gee ... ufo's on the runway..
[08:53] {Threei}  I want what you are smoking
[08:53] {cosmo} from yesterday?
[08:53] {Threei}  pics?
[08:53] {Threei}  Dec 31
[08:56] {cosmo}  do you have a special 'night light' auto setting?
[08:56] {Threei}  on camera?
[08:56] {cosmo} for exposure...?
[08:56] {Threei}  yes but I don't use that
[08:56] {cosmo} k
[08:56] {Larisa1} beautiful. is it naked woman  or just icicle on 16 :)
[08:57] {Threei}  naked woman, just a bit stony
[08:57] {Larisa1} poor girl, she is cold
[08:58] {cosmo} looks blue
[08:59] {Threei}  which is only natural, come to think of it
[08:59] {Threei}  although I believe your monitor needs calibration {G}
[09:00] {cosmo} violet?
[09:00] {Threei}  beige
[09:01] {KSystems} Good morning!
[09:01] {Threei}  ks :)
[09:01] {cosmo} oh..
[09:01] {Threei}  so weird to see snow in Butchart Gardens
[09:02] {Threei}  but the effect is to die for
[09:04] {dino} gm all
[09:04] {Threei}  dino :)
[09:05] {geo} gm and a happy new year all !
[09:06] {Threei}  geo :)
[09:06] {Threei}  ty, same to you
[09:06] {KSystems} happy new year geo, thank you
[09:06] {Onix} hi dino
[09:09] {Onix} hi geo
[09:09] -} *services* REGISTER wishbone maranello
[09:11] {geo} so vad ummmmm wheere are teh people in the pics?
[09:11] {geo} or is this how canada is?
[09:11] {Threei}  what people?
[09:11] {geo} dia ya take the pics 3 in the morning?
[09:12] {Threei}  lol
[09:12] {dawg} gm all
[09:12] {Threei}  if I photograph a place with no desire to have people in it, there won't be any people
[09:12] {Threei}  dawg :)
[09:14] {Onix} hi dawg
[09:16] {Threei}  for just-connected and too lazy to scroll up: http://www.flickr.com/photos/36948132@N00/
[09:17] {wishbone} good morning all
[09:17] {Threei}  wishbione :)
[09:18] {dawg} Hello Onix
[09:18] {Onix} hi wishbone
[09:18] {wishbone} hello onix
[09:24] {Threei}  intend to start with bounce scalps until we see that market repeats Frida's steady climb
[09:27] {Threei}  RIMM of 42 on watch
[09:28] {Threei}  DRYS doesn't want to pull back very much
[09:30] {cosmo} JASO holds 4.90   so far
[09:31] {Threei} Long Setup:  RIMM  42 break
[09:31] {Threei}  if stays above .80, half lot
[09:31] {Threei}  sorry, .90
[09:32] {Threei}  feel free to take scalp
[09:32] {Threei}  over 1;1
[09:32] {tomg} thanks vad
[09:32] {Threei}  good reflexes tom
[09:32] {tomg} ty
[09:34] {Threei}  sheesh DRYS
[09:34] {Threei}  if you went for RIMM second time, half out
[09:35] {ese} bstop QQQQ .87
[09:35] {Threei}  has chance for more this time
[09:35] {ese} small
[09:35] {magoo} out here vad TY rimm
[09:35] {Threei}  there... 1:3
[09:35] {magoo} .37
[09:35] {Threei}  I mean 1:5
[09:35] {ese} in
[09:35] {Threei}  I mean... oh, whatever
[09:35] {Onix} ty Vad, got some in RIMM
[09:35] {Threei}  :)
[09:36] {dino} whats up w/algt -8 pts in 2 days
[09:36] {geo} wow... all out .33
[09:40] {Threei}  bounce from under 42 again RIMM
[09:40] {ese} stoped QQQQ's  .75 -}10
[09:41] {Threei}  half lot, stop under .85 this time
[09:42] {dptl} good morning all
[09:42] {Threei}  dp :)
[09:42] {Threei}  out .25
[09:43] {geo} all out .34
[09:43] {geo} thanks vad
[09:43] {geo} good start to the new year
[09:43] {Threei}  a bit late though... we had one already on Friday :)
[09:43] {geo} yeah saw that...
[09:45] {KSystems} out .58 on rimm, amazing Vad. thank you
[09:45] {wishbone} rimm +48, 62 ty vad
[09:45] {Threei}  welcome guys
[09:45] {Threei}  DRYS bounce candidate off .40
[09:45] {Threei}  half lot
[09:45] {Threei}  no chasing
[09:46] {Threei}  touched .45 and jumped too fast
[09:46] {Threei}  should dip under .40 this time
[09:47] {Threei}  knowing its nature, I'd be hapy to catch it closer to .20
[09:47] {Threei}  otherwise too risky
[09:47] {ese} bstop AAPL 94.50 small
[09:47] {Threei}  try .25 or so, if doesn't go that low let it go for now
[09:49] {ese} has to stay above 94.00 AAPL
[09:49] {ese} invalidated
[09:49] {dino} is 9027 dji high correct?, dec high was 9026
[09:52] {KSystems} drys
[09:52] {Threei}  yes
[09:52] {Threei}  still valid off .20
[09:52] {Threei}  just keep shares reasonable
[09:52] {KSystems} stop under .10 ?
[09:52] {Threei}  volatile
[09:52] {Threei}  yes
[09:53] {Threei}  you caught it?
[09:53] {KSystems} not yet
[09:53] {Threei}  touched .25 precisely
[09:53] {KSystems} didnt want it above .25
[09:54] {Threei}  hmmm... not sure this time
[09:54] {Threei}  if dives again, likely to go lower than .20
[09:55] {Threei}  ok.. under 13 or not interested
[09:56] {Threei}  got 12.98
[09:56] {Threei}  stop under .90
[09:56] {Threei}  anyone caught it?
[09:56] {KSystems} no
[09:56] {Threei}  ok, no chasing, just a scalp
[09:57] {Threei}  out .18
[09:57] {magoo} looking at Q 
[09:59] {Threei}  ELON?
[09:59] {Threei}  what the
[09:59] {dino} algt sm l .95 stop lod
[10:02] {Threei}  10:01am [NTRI] Affiliating with Cosco, will make product available in all retail stores
[10:04] {geo} anr vad?
[10:04] {Threei}  underestimated DRYS strength
[10:05] {Threei}  not sure geo
[10:05] {geo} USO steady climb today
[10:06] {patience} i completely messed up entries into su (suncor) and cnq (canadian natural resources), kept waiting for pullbacks
[10:07] {wishbone} anyone from victoria get snow?
[10:07] {Threei}  no
[10:07] {patience} no
[10:08] {Threei}  that's local snowfall over your backyard, wish
[10:09] {wishbone} no none my way either, apparently Vancouver got it and duncan has a foot
[10:09] {Threei}  dp?
[10:13] {dptl} ye wet snow here
[10:13] {ese} dino ...you still L ALGT
[10:14] {magoo} DRYS read vad?
[10:15] {Threei}  if no pullback, then .50 break
[10:16] {Threei}  I'd prefer pullback to around .30
[10:17] {dino} y es
[10:17] {Threei}  half lot
[10:17] {Threei}  in, stop under .20
[10:18] {ese} i joined you.....small lot  at .99
[10:18] {ese} just wondering what your trigger is for getting out
[10:19] {dino} down $ was feeling a buck or so
[10:19] {dino} needs mkt help tho
[10:20] {dino} down$4
[10:20] {KSystems} drys half out .40
[10:20] {ese} yeow za......
[10:20] {Threei}  half out DRYS .41
[10:20] {Threei}  stop to .25
[10:20] {Threei}  let's see if we get .50 break
[10:21] {magoo} lil mkt help here
[10:21] {wishbone} drys =20 ty vad
[10:21] {magoo} waiting .54
[10:21] {Threei}  wish :)
[10:21] {wishbone} +20
[10:21] {dino} gj
[10:21] {ese} am gonna exit here at .50  
[10:21] {ese} out
[10:22] {ese} +.51...150 on 300 shs
[10:22] {dino} es trail stop to lock in something ok
[10:22] {ese} gonna watch you in action for the rest
[10:22] {dino} to .38 for me
[10:23] {dino} gj
[10:23] {dino} i took 300 too
[10:23] {dino} stopped .37, +.42
[10:23] {ese} dino what was you scan for finding this type of stock
[10:24] {dino} will watch again for pullback
[10:24] {dino} -$2+
[10:24] {ese} any volume requirement
[10:24] {dino} have separate scanner, top 10 up/downs
[10:25] {dino} no, you know me and vol.
[10:25] {dino} control w/size
[10:25] {ese} $2 either way  up & dn
[10:25] {dino} yes
[10:26] {ese} it's making another nice move to 41....well done dino
[10:26] {dino} vz interesting
[10:26] {Threei}  JRCC
[10:26] {Threei}  .35 half lot long if stays above .20
[10:26] {dino} i was too tight, thing jumps 25cents
[10:28] {magoo} SIGH JRCC
[10:28] {Onix} aaahhh missed it!
[10:28] {Threei}  thin one
[10:28] {wishbone} Wahh JRCC
[10:28] {dptl} +.15 jrcc ty
[10:28] {KSystems} wow
[10:29] {Threei}  wtg dp
[10:29] {KSystems} +.15 JRCC
[10:29] {KSystems} thanks
[10:29] {Threei}  ks :)
[10:29] {wishbone} nw dp
[10:30] {dino} es, look at kb, rcrc, gsic, hlnd
[10:31] {ese} will do
[10:31] {KSystems} JRCC out 1/4 more .65
[10:31] {wishbone} patience do you trade EWZ?
[10:31] {ese} I like rcrc
[10:32] {Threei}  market regained strength
[10:32] {ese} and gsic
[10:33] {KSystems} JRCC remaining 1/4 stopped at .70
[10:33] {Threei}  beauty
[10:34] {KSystems} (c) vad
[10:34] {dino} algt goes over 41
[10:35] {ese} ya just saw that
[10:35] {dino} me too, but where
[10:36] {ese} wow za  almost 41.50
[10:37] {ese} just think.....if you'd had a 10 000 shs lot ehhhhhhh
[10:37] {dino} crying
[10:38] {ese} opps........I know that must have hurt.......i'll be more sensitive next time
[10:38] {Threei} Long Setup:  ADBE  half lot first strength from here
[10:38] {dino} my own fault
[10:39] {Threei}  stop under .75
[10:39] {Threei}  DRYS babay
[10:39] {Threei}  out second half
[10:39] {Threei}  .55
[10:39] {magoo} out drys here .63
[10:40] {Threei}  offer half ADBE above .90, scalpers just grab your profit
[10:41] {Threei}  out DRYS second half ks?
[10:41] {KSystems} i want even in
[10:41] {KSystems} want=wasnt
[10:41] {Threei}  [10:20] {KSystems} drys half out .40
[10:41] {tomg} ty drys vad
[10:41] {Threei}  tom :)
[10:42] {KSystems} 2nd half was stopped b/e
[10:42] {Threei}  someone has early Alzheimer it seems
[10:42] {Threei}  :)
[10:42] {KSystems} :(
[10:42] {Threei}  too tight trailing, I suggested under .25
[10:42] {Threei}  ADBE over .90
[10:42] {Threei}  half out .92
[10:43] {Threei}  stop .79
[10:44] {Threei}  OK, over this one I am crying for real:
[10:44] {Threei}  thought of alert long CTDC 2.85
[10:45] {Threei}  and decided against it, was so thin
[10:48] {Threei}  PLD, I want 14.60 break tom
[10:48] {Threei}  but it's a bit too far from there
[10:48] {Onix} aaahhh!
[10:48] {tomg} ty
[10:48] {Threei}  not sure how to straucture it
[10:49] {Threei}  ADBE stop to .84
[10:50] {Threei}  not willing to give anything back
[10:51] {magoo} booted out there
[10:53] {dino} eqix pop
[10:56] {dino} kb sm s .74, stop .13
[10:58] {geo} .
[11:00] {Threei}  out balance ADBE
[11:01] {Threei}  YHOO
[11:01] {Threei}  HEARING STRENGTH ATTRIBUTED TO TAKEOVER CHATTER
[11:01] {Threei}  lol
[11:01] {geo} that porridge is cold
[11:05] {geo} hmmm
[11:07] {Threei}  PRESIDENT ELECT OBAMA: EXPECTS A "SOBERING" JOBS REPORT THIS WEEK
[11:07] {Threei}  - Note that current expectations are for a loss of around 500K jobs.
[11:07] {Threei}  sobering?
[11:08] {geo} polite for panicwothy
[11:08] {geo} panicworthy
[11:08] {Threei}  as if we were merrily drunk about state of economy
[11:08] {dino} algt
[11:09] {Threei}  discretionary one:
[11:09] {Threei} Long Setup:  DRYS  .70 break if stays above .60
[11:10] {Threei}  kind of 50/50
[11:11] {Threei}  small stop and strength of stock make it worth a try - only if you are fine with equal odds of taking stop and making money on this one
[11:14] {Threei}  this consolidation feels to me like a forecast of explosion coming
[11:14] {Threei}  if my gut feeling is right 14 and above
[11:14] {Threei}  I mean seriously above
[11:15] {magoo} need dino gut confirmation
[11:15] {Chaeron} good morning all and stop talking about guts... we all need to lose that holiday weight, ok??
[11:16] {magoo} in btw
[11:16] {KSystems} got .72
[11:16] {Threei}  Chaeron :)
[11:16] {KSystems} small shares
[11:16] {magoo} chachachachaer
[11:16] {Larisa1} hi Chaeron :)
[11:16] {geo} hey chaer... sensitive arent we?
[11:16] {Chaeron} poke me in my gut and see how sensitive I am geo :)
[11:16] {Threei}  you would be too if you missed such morning as we had
[11:16] {geo} gross
[11:17] {Chaeron} hi everyone...
[11:17] {magoo} nice humility vad :)
[11:17] {Threei}  always
[11:17] {geo} he has the money to prove it
[11:17] {geo} lol
[11:17] {Chaeron} well, I'm in DRYS so make it up to me Vadster
[11:17] {magoo} read RIMM vad?
[11:17] {KSystems} drys stop...below 60?
[11:17] {geo} in drys .71
[11:17] {Threei}  yes
[11:17] {Threei}  none at this point magoo
[11:18] {dino} rcrc stopped -.38 slipped
[11:18] {Threei}  if drops into 43, I'll be interested
[11:20] {lisa_jay} .
[11:22] {Threei}  stopped
[11:23] {wishbone} blaaah stopped drys
[11:23] {geo} su
[11:24] {magoo} just when i was warming up to DRYS
[11:24] {geo} lol
[11:24] {geo} you still have a bone to pick with DRYS magoo?
[11:24] {Threei}  sheesh... thing made us pile of money, and you get upset over 15 cents stop??
[11:25] {magoo} its like when u havent seen someone u dislike in awhile...go out for beers and realize why u hate them lol
[11:25] {geo} lol
[11:25] {wishbone} lol
[11:25] {Threei}  {--- never goes for beer with magoo
[11:28] {dino} sm l algt, .60 forgot order
[11:29] {dino} kb stop to .34
[11:30] {dino} cov kb reverse slip .33, +.41
[11:32] {dino} out algt .00, +.40
[11:32] {Threei}  wtg
[11:32] {dino} ty
[11:32] {dino} just scalping around
[11:33] {Threei}  going to try DRYS .50 break
[11:33] {Threei}  again, highly discretionary
[11:33] {dino} rcrc broken
[11:34] {Threei}  as with last one, don't do it if not fine with 50/50
[11:34] {dino} micc strong
[11:34] {geo} missed
[11:35] {geo} man i feel rusty..... n just 10 days
[11:35] {dino} vz lod
[11:36] {Threei}  half out
[11:40] {Threei} Long Setup:  NFLX  31 nreak half lot
[11:40] {Threei}  stop under .85
[11:41] {KSystems} in
[11:42] {geo} in .0050 hmmmm
[11:44] {Threei}  CASINO STOCKS STRENGTH ATTRIBUTED TO DEUTSCHE BANK ANALYST NOTE SUGGESTED BOOKINGS IN LAS VEGAS WERE STRONGER THAN EXPECTED FOR THE NEW YEAR HOLIDAY
[11:44] {Threei}  {LVS}
[11:46] {Threei}  nice move LVS
[11:47] {geo} hmm my INET got stuck in NFLX for a sec
[11:47] {geo} wierd
[11:49] {geo} vad... whats you bod?
[11:49] {geo} shesh
[11:49] {geo} bid
[11:49] {Threei}  .88
[11:49] {geo} ok TY
[11:49] {Threei}  out
[11:49] {geo} out
[11:49] {KSystems} out
[11:50] {Threei}  OK, looks like easy money is made for now
[11:50] {geo} su unstoppable
[11:51] {geo} hi patience you there?
[11:51] {patience} yup, just kicking my self
[11:52] {geo} what were the gold stocks.... whose options you trade?
[11:52] {geo} :)
[11:52] {patience} mostly goldcorp right now
[11:52] {geo} call put buying or spreads?
[11:52] {patience} call put
[11:52] {geo} in the money with delta .8? or OTM?
[11:53] {geo} if you dont mind......
[11:53] {Threei}  I am not studying one more language... English was enough
[11:53] {patience} geo, you are totally out of my knowledge base...i just scalp them
[11:53] {geo} i used to trade options 5 yrs ago.....
[11:53] {patience} and your opinion of options is?
[11:54] {geo} scalp.... whaich strike price month?
[11:54] {peterg} hello all, late start today back in frozen land
[11:54] {Threei}  welcome back peter
[11:54] {geo} hey peter
[11:54] {geo} my opinion is vads 1:10 has nullified a lot of leverage advantage of options
[11:54] {patience} was in april, july is more my comfort zone now
[11:55] {Threei}  {--- always appreciates July, especially in th dead of the winter
[11:55] {geo} ahh so you hold..... in the money or out of money? 
[11:55] {geo} pm patience? please?
[11:55] {patience} usually buy just out of the money
[11:55] {geo} whenever you have time
[11:55] {patience} sure
[11:55] {patience} now works, i'm just sulking over my agrium trade
[11:55] {geo} lol
[11:56] {dino} ottr
[11:57] {Threei}  HEARING DOWNGRADED AT DA DAVIDSON (TIMING UNCERTAIN)
[11:58] {dino} ottr?
[11:58] {Threei}  yup
[11:58] {dino} ty
[12:00] {dino} pcln smack
[12:04] {Threei}  NSTR, what do I miss
[12:04] {dino} algt held up better on that mkt drop
[12:04] {Threei}  got halted, announced liquidation, opened up?
06[12:13] * laserdave1 slaps Threei around a bit with a large book of Techniques of Tape Reading
[12:13] {dptl} lol
06[12:13] * laserdave1 slaps Threei around a bit with a large magoo
06[12:14] * magoo slaps laserdave1 around a bit with a large big happy new year to ya buddy
[12:14] {laserdave1} u2 my friend   :)
[12:14] {Threei}  that's what I call dramatic entrance
[12:15] {laserdave1} Happy New Year to everyone!!!!!!
[12:15] {geo} hey dave... happy new year
[12:15] {laserdave1} And hey Merry Christmas everyone!!!!!!!
[12:15] {KSystems} happy new year dave!
[12:15] {laserdave1} ty
[12:16] {magoo} nice to see u dave, been awhile:)
[12:17] {laserdave1} i have been lurking around
[12:19] {Threei}  out second half DRYS
[12:19] {Threei}  +.18
06[12:19] * Threei slaps magoo around a bit with a large reminder that personal unpleasantness of some stocks is not a reason not to profit from them
[12:23] {dino} vz sm l .25, stop .96
[12:27] {dino} ottr sm l .80 gappy one
[12:29] {magoo} FSLR just nuts...up 13 friday..9 today
[12:30] {dino} or is it
[12:32] {dino} es, bottom on rcrc?
[12:36] {dino} ottr stop to flat mkt drop
[12:40] {dino} out ottr .90, +.10
[12:50] {Threei}  DRYS is back to high again
[12:53] {ese} first day back at school...see ya tomorow
[12:54] {Threei}  take care ese
[12:54] {magoo} boy he exits fast
[12:58] {patience} is the market even breathing?  is everybody asleep?
[12:59] {Threei}  no and yes
[12:59] {Threei}  SCO
[12:59] {Threei}  dino, could be your client
[13:07] {dino} client, lol
[13:08] {Threei}  :)
[13:09] {Threei}  TM
[13:09] {Threei}  REPORTS DEC US SALES -37%
[13:09] {dino} and asks us for $$$$$$$, :)
[13:10] {Threei}  lol
[13:11] {Chaeron} if anyone wakes up Dave, tell him to see his DCC... I have to go everyone... see you tomorrow. Thanks Threei, all
[13:12] {Threei}  take care chaeron
[13:14] {i2romantis} anyone watching rc2 by any chance?
[13:15] {Threei}  tell us what that is first
[13:15] {i2romantis} rcrc
[13:15] {Threei}  lol
[13:15] {i2romantis} dropped $2 today
[13:16] {Threei}  and doesn't look like done dropping
[13:16] {i2romantis} k
[13:17] {Threei}  believe it or not CTDC makes new highs...
[13:18] {patience} vad, if you still have that 2 x 4 around, agrium needs some momo please
[13:19] {Threei}  can we pick something faster? :)
[13:19] {Threei}  AG trades by appointment
[13:19] {patience} today it does, the sod
[13:19] {Threei}  yeah
[13:20] {Threei}  CTDC is going to bust through .80
[13:22] {dino} rcrc yes i2
[13:23] {KSystems} drys at hod *sigh*
[13:26] {patience} ty vad, nice buying now in agrium
06[13:26] * Threei drops 2x4 on the ground, wipes sweat
[13:26] {magoo} read RIMM vads?
[13:27] {Threei}  break, if holding above .30...
[13:29] {Threei}  DRYS should go over 14 with any market help
[13:30] {patience} out agu +.60    what a dumb trade
[13:31] {magoo} but will 14 launch it?
[13:40] {Threei}  if it consolidates here while market is retreating and breaks with market bounces, most likely yes
[13:40] {Threei}  NSANY
[13:40] {Threei}  REPORTS NORTH AMERICAN DEC VEHICLE SALES AT 62,100 -30.7% Y/Y
[13:45] {Threei}  GM
[13:45] {Threei}  REPORTS DEC VEHICLE SALES -31% V -41%E
[13:47] {Threei}  anone took it?
[13:47] {dptl} drys?
[13:47] {Threei}  yeah
[13:47] {dptl} me .00
[13:47] {Threei}  half out yet?
[13:47] {dptl} out +.15 ty
[13:47] {Threei}  :)
[13:49] {dino} gj
[13:49] {dptl} ty
[13:57] {dino} sm l ottr .80
[13:57] {dino} sm l rcrc .95
[14:07] {lisa_jay} .
[14:07] {Threei}  why did I listen to magoo and ignored GERN
[14:08] {i2romantis} what is "sm l", if I may ask?
[14:08] {Threei}  small
[14:08] {dino} no....lol
[14:08] {dino} sm-small size=300
[14:09] {Threei}  l = long
[14:09] {dino} l=long
[14:09] {i2romantis} oh ok thx :)
[14:09] {dino} s=short
[14:09] {i2romantis} so with 300 shares it's worth getting in?
[14:10] {dino} imo 
[14:10] {Threei}  dino usually plays for bigger moves than we do on average
[14:10] {i2romantis} I'm trying to figure this all out and the position sizing, so don't mind me asking, I'm still a newbie :)
[14:11] {dino} but rcrc stop is .78 because somethings' up
[14:11] {i2romantis} ok
[14:11] {dino} np, but understand i trade my own thoughts mostly. just throwing them out there
[14:12] {Threei}  also, unlike most of us dino does have thoughts
[14:12] {i2romantis} understood
[14:12] {i2romantis} :)
[14:12] {dino} my bread and butter are capitu;ation and euphoria plays
[14:12] {Threei}  as far as I am concerned, thinking is strictly prohibited
[14:12] {i2romantis} that's actually what I do mostly as well
[14:12] {i2romantis} capitulation most of the time
[14:13] {i2romantis} ic
[14:14] {dino} i like to get .40+ out of those
[14:14] {Threei}  and I've been told my "thinking face expression" is no different from toothache one
[14:14] {i2romantis} ic
[14:15] {dino} rcrc stopped
[14:15] {dino} 0for2 on it, off my screen
[14:27] {wishbone} djqreth
[14:30] {Threei}  this is family room wish
[14:31] {wishbone} oh sorry...dang kitty cat! :)
[14:31] {Threei}  lol
[14:33] {Threei}  14 break is valid setup on DRYS
[14:33] {Threei}  if holding above 13.90
[14:33] {Threei}  market is nervous
[14:33] {Threei}  hard to tell the odds
[14:34] {magoo} drys likes to pullk too
[14:34] {Geo} pullback? puke?
[14:35] {Geo} i guess puke it is
[14:35] {Threei}  pull back, but after magoo takes it out for beer all bets are off
[14:35] {Threei}  that's more interesting
[14:36] {Threei}  .60 zone is better support
[14:36] {dino} classic 2:00 drop
[14:39] {dino} dspg, ensg spikes
[14:46] {Threei}  wow
[14:46] {Threei}  we are dropping sharply why?
[14:47] {Onix} Cramer on CNBC?
[14:48] {wishbone} lol
[14:54] {Threei}  DRYS half lot ready to jump for a scalp
[14:55] {Threei}  in .55
[14:55] {magoo} shit .61
[14:55] {Threei}  out .66
06[14:56] * magoo slaps Threei around a bit with a large gggggggggggrrrrrrrrrrrrrrrrrrrrr
[14:56] {Threei}  sheesh... he is in the money and unhappy
[14:57] {Threei}  can I win at all?
[14:57] {Threei}  there
[14:57] {wishbone} laserdave DCC please
[14:57] {Threei}  1:1 even with your entry
[14:58] {magoo} out .74
[14:58] {Threei}  magoo the capricious
[14:58] {magoo} u were getting out where i was getting in
[14:58] {magoo} hence..grrrr
[14:59] {Threei}  so how is it my fault?
[14:59] {dino}  it just is vad, accept it
[14:59] {Threei}  solid reliable call, it went over 10 cents more even after your exit
[14:59] {Threei}  yeah dino
[14:59] {Threei}  my destiny
[15:00] {Threei}  abuse I take
06[15:00] * Threei removes himself to remote corner and stands facing the wall
[15:01] {wishbone} time out for Vad?
[15:01] {dino} lol
[15:02] {Threei}  shhh wish, this is how I get my smoking recess without telling anyone :)
[15:03] {patience} hey vad, my daughter bought cigarettes at organic health food store yesterday, you want me to get you some?
[15:03] {Threei}  CHRYSLER REPORTS US DEC SALES -53% Y/Y
[15:03] {Threei}  - Reports full-year sales -30% y/y
[15:03] {Threei}  hmmm... why?
[15:03] {Threei}  are they healthy?
[15:03] {patience} 3 bucks a pack
[15:04] {Threei}  that's cheap... question is, are they inhalable? :)
[15:04] {patience} don't know...they look like regular cigarettes...probably inhaling lemon balm or something
[15:04] {wishbone} ther's an oxymoron: ciggies at ahealth food store
[15:05] {patience} no kidding
[15:05] {patience} at the Lifestyle market wishbone
[15:05] {wishbone} do they have mint flavor?
[15:05] {Geo} lifystyle market.... apt name
[15:05] {wishbone} i'm gonna check that out....:)
[15:06] {Larisa1} do they sell cookies that make you lose weight too ?
[15:07] {dino} you guys smoke too much
[15:07] {KSystems} lol
[15:07] {KSystems} No, Larisa, but they have chocolate that does
[15:07] {wishbone} not professionally....just part time
[15:07] {Geo} smoke too much dino?
[15:08] {Larisa1} that will work KS, do not even want to know what its made off though :)
[15:08] {Geo} i thought one cig was too much......
06[15:08] * Geo is california healthy
[15:09] {Geo} man.... not even one trout..... what has the world come too
[15:09] {dino} it is geo, no cigs for me
[15:09] {Geo} only beer and red meat !!!!!
[15:09] {dino} indeed
[15:09] {wishbone} lol
[15:09] {Geo} i have a 2 vice only rule
[15:10] {hawkfan4} I'm Chicago healthy, ie, i can chew tobacco while eating a polish sausage
[15:10] {dino} you forgot the vodka and tequilla
[15:10] {Geo} as somene said....... if you give stuff up its not like you live longer......
[15:10] {Geo} IT just feels longer !!
[15:10] {dino} lol
[15:11] {wishbone} lol...hawk
[15:11] {Threei}  hawk, where have you been? :)
[15:11] {hawkfan4} :)
[15:11] {Geo} hiya hawk
[15:11] {Threei}  AAPL
[15:11] {Threei}  SPOKESMAN: COMPANY HAS A CEO SUCCESSION PLAN; NOTES THE PLAN IS CONFIDENTIAL
[15:12] {hawkfan4} took a little time off, was helping out my dad.  It's been nice but i'm ready to get back to it
[15:12] {Threei}  :)
[15:12] {dino} giddy-up hawk
[15:13] {dino} in my cramer voice
[15:13] {hawkfan4} hey Geo, dino, and all :)
[15:13] {Threei}  DRYS will be ready again soon
[15:14] {hawkfan4} cool, cuz i want to test this Laser out finally
[15:22] {patience} here is an explanation supposedly for oil and gold moves  http://jessescrossroadscafe.blogspot.com/2009/01/jp-morgans-forecast-of-commodity-price.html
[15:24] {dino} ottr stopped -.33
[15:24] {Threei}  in half lot
[15:25] {Threei}  could take a few tries
[15:25] {Threei}  stop under .35
[15:27] {i2romantis} can I ask, what software/brokerage is everyone using? I am open to trying different ones, as I'm having a few restrictions on the platform with TD active trader plus platform that I don't see in others, and I feel ready to explore others
[15:28] {Threei}  http://www.realitytrader.com/laser.html
[15:29] {Threei}  DRYS can't make up its mind
[15:30] {Threei}  takes too long for my taste
[15:30] {Threei}  stop to under .40
[15:30] {Threei}  better hunt for reentry
[15:31] {Threei}  out
[15:31] {wishbone} out drys
[15:33] {Threei}  .30 break if stays above .25
[15:33] {dino} cpla sm l .00
[15:33] {dino} thin one
[15:34] {Threei}  half out .40
[15:35] {Threei}  or grab scalp and let it be
[15:35] {Threei}  matter of taste
[15:36] {Threei}  out balance.47
[15:37] {Threei}  tightening stop and getting lower entry was right idea
[15:37] {dino} bounce time
[15:37] {patience} as usual
[15:38] {Threei}  wow
[15:38] {Threei}  that was case of out too soon
[15:39] {dptl} have a good evening all
[15:39] {KSystems} bye dp
[15:39] {Threei}  take care dp
[15:39] {wishbone} cya dp
[15:40] {Threei}  seriously... why did I sell it right before "dino's bounce"?
[15:41] {Threei}  40 cents move
[15:41] {dino} sqnm strong
06[15:41] * dino slaps Threei around a bit with a large trout
[15:41] {dino} 2-2:15 drops, 3:35-40 bounces
[15:54] {dino} .
[15:56] {Threei}  gotta remember dino's bounce from now on
[15:56] {Threei}  50 cents
[15:58] {Threei}  okay guys, thank you all
[15:58] {patience} in Teck Cominco
[15:58] {Threei}  very nice day all in all
[15:58] {Threei}  have a good evening, see you tomorrow
[15:58] {patience} overnight hold
[15:58] {patience} thanks vad
[15:58] {KSystems} you too, bye!
[15:58] {Larisa1} bye all
[15:58] {dino} out vz .40, +.15
[15:59] {dino} out cpla .25, +.25
[16:00] {wishbone} good nite all
[16:00] {dino} thx all