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