Wednesday, December 15, 2010

Dec 15 2010

Uneven day with some wins, some stops and a lot of invalidated plays. Ended up about even or slightly positive - nothing stellar. Risk-tolerant members made a small fortune shorting BIDU, RIMM and BBY.

Session Time: Wed Dec 15 00:00:00 2010
[08:19] {magoo} morning
[08:44] {Threei} good morning
[08:55] {nemo} deck about to hit resistance
[08:56] {magoo} news?
[08:57] {nemo} BBY yesterday
[08:57] {Threei} no fresh news that I see
[09:05] {magoo} MAXY news vad
[09:05] {Threei} none
[09:07] {ese} morning
[09:08] {dino} gm all, cold walk today
[09:09] {harth} Good Morning All!
[09:10] {Threei} ese, dino, harth :)
[09:10] {RonS} gm gents
[09:10] {Threei} ron :)
[09:15] {davd} gm all
[09:16] {larisa} gm :)
[09:17] {Threei} davd, larisa :)
[09:18] {larisa} :)
[09:18] {Threei} (US) NOV INDUSTRIAL PRODUCTION: 0.4% V 0.3%E; CAPACITY UTILIZATION: 75.2% V 75.0%E
[09:18] {Threei} - Prior Industrial Production revised lower from 0.0% to -0.2%
[09:18] {Threei} - Prior Capacity Utilization revised higher from 74.8% to 74.9%
[09:21] {Threei} anyone's from harrisbutrg?
[09:22] {Threei} (US) State of Pennsylvania declares Harrisburg "financially distressed" - US financial press (related MUNIS )
[09:22] {dino} the capital
[09:24] {Threei} someone's on TV soon
[09:26] {magoo} rev jesse jackson?
[09:28] {stewy} gm everyone
[09:28] {Threei} stewy :)
[09:27] {nemo} joyg
[09:30] {Threei} LVS looks very breakdownish
[09:30] {Threei} but its opening volatility is often awfull
[09:31] {Threei} skipping it
[09:32] {Threei} for a good reason, too
[09:33] {magoo} might be good short soon
[09:33] {magoo} AIG trying
[09:35] {Threei} no signal
[09:35] {Threei} hoped for double top
[09:36] {Threei} Long Setup: AIG .70 break half lot
[09:36] {Threei} invalidated
[09:36] {Threei} .50 now
[09:37] {Threei} if holding .40
[09:38] {Threei} Long Setup: LVS .40 break
[09:39] {Threei} stop under .30
[09:39] {Threei} if went for AIG, get out here
[09:40] {Threei} yikes LVS
[09:42] {Threei} Long Setup: SLW .50 break
[09:43] {Threei} ugh
[09:43] {Threei} late
[09:43] {Threei} see if gives second chance
[09:43] {Threei} never mind, wrong symbol
[09:43] {nemo} what stock
[09:43] {nemo} yeah
[09:43] {Threei} watching 5 stock at once, lol
[09:43] {Threei} meant X
[09:44] {Threei} grrr... over 1:1
[09:44] {Threei} 1:2 I mean
[09:48] {Threei} Short Setup: RIMM .50 break
[09:48] {Threei} half lot
[09:48] {Threei} invalidated
[09:49] {Threei} not off radar though, just looking for different type of entry
[09:49] {Threei} CISG sharp selling
[09:50] {Threei} ok RIMM, .80 break
[09:50] {Threei} if stays under .90
[09:50] {Threei} invalidated
[09:54] {Threei} (US) Preview: Dec NAHB Housing Market Index due out at 10:00ET
[09:54] {Threei} **Consensus expectation: 16e v 16 prior
[09:59] {dino} maxy sm l .15
[10:00] {Threei} V Canada Regulator: Visa and Mastercard rules are anti-competitive, discourage lower-cost options - US financial press (79.91, -0.73, -0.91%) (related MA DFS AXP )
[10:00] {Threei} *(US) DEC NAHB HOUSING MARKET INDEX: 16 V 16E
[10:01] {ese} L teva .02
[10:01] {Threei} Short Setup: RIMM .90 break half lot
[10:01] {Threei} if stays under 60
[10:02] {Threei} should be good for 20-25 cents
[10:03] {Threei} 1:1
[10:04] {dino} cld sm l .00
[10:06] {Threei} scalpers win
[10:07] {ese} out teva .12 +.10
[10:08] {magoo} FLT ipo rippin
[10:11] {Threei} Short Setup: X .40 break
[10:11] {Threei} if stays under .50
[10:12] {Threei} not a scalp at all, target is about 56 .15
[10:12] {Threei} with partials along the way of course
[10:13] {Threei} this market buying is a good test for X
[10:13] {Threei} if not following it, becomes better short candidate
[10:15] {Threei} invalidated
[10:15] {Threei} what is it, day of trades that got away?
[10:16] {magoo} if all your calls are invalidated, reason u are leaning wrong way so far
[10:16] {Threei} thank you so much
[10:16] {Threei} now I know
[10:16] {larisa} lol
[10:17] {magoo} well, i aggressively entered thank u
[10:17] {magoo} stopped out but still
[10:18] {Threei} now, out of 6 calls, three were long and three short
[10:18] {Threei} which way was wrong out of those two?
[10:18] {larisa} I have 7 , not 6
[10:18] {larisa} 5 invalids :)
[10:19] {magoo} JOYG wont quit
[10:19] {magoo} FLT strong
[10:19] {larisa} me personally suck too, missed BRCM at 43
[10:20] {magoo} freakin X now
[10:20] {magoo} vad had it correct'
[10:21] {magoo} mkts just been difficult...rinsing
[10:21] {larisa} very
[10:21] {magoo} almost need to size down and go lil wider with stops ala dino i guess
[10:24] {Threei} Short Setup: SLW .55 break
[10:24] {Threei} stop above .55
[10:24] {Threei} .65
[10:25] {dino} cisg sm l .23
[10:25] {Threei} no worky SLW
[10:26] {ese} L rvbd .44
[10:28] {magoo} FLT wouldnt be surprised prints 30 today
[10:28] {magoo} saved my ass
[10:29] {magoo} masde 1500 on it
[10:29] {magoo} oops wrong, only 1k
[10:29] {Threei} biught 26.5 break?
[10:29] {magoo} topld u cant add for sh$t
[10:30] {magoo} 26.40
[10:30] {magoo} plld, then started
[10:30] {magoo} it has MOMO
[10:30] {magoo} feel
[10:30] {Threei} *DOE CRUDE: -9.85M V -2.5ME; GASOLINE: +810K V +2ME; DISTILLATE: +1.09M V -500KE
[10:31] {magoo} i can bring it up in troom but cant reaklly call what i do, type to slow
[10:31] {Threei} Yahoo! Inc No longer accepting video uploads - TechCrunch
[10:31] {Threei} - It looks like Yahoo is making significant changes to its YouTube-like video site, Yahoo Video. According to a notice on the site, Yahoo will be removing the ability for users to upload a video to the site, and will be removing all user-generated content from the site in the Spring of 2011.
[10:31] {magoo} and it could be death if miss out
[10:31] {magoo} like here
[10:31] {Threei} notice where X bottomed
[10:32] {Threei} .11... call was for .15 target
[10:32] {magoo} yup, perfect hit .12
[10:32] {magoo} oh, i saw it tho, and took back my criticism on it
[10:32] {Threei} why would you criticize in a first place is beyond me
[10:33] {magoo} but u let larisa get away with insult
[10:33] {magoo} she said she sux TOO
[10:33] {larisa} lol
[10:33] {magoo} too=you (her not me lol)
[10:33] {ese} rvbd stalling on me.......
[10:33] {Threei} lay off those juniper berries, will ya
[10:33] {larisa} timing off a bit today or market too fast
[10:34] {magoo} fast, all over the place
[10:34] {ese} agreed
[10:34] {Threei} Short Setup: RIMM .75 break half lot
[10:34] {Threei} if stays under .85
[10:34] {ese} some kind of different dynamic for sure mags
[10:35] {Threei} invalidated
[10:35] {magoo} yea, im strugglimng yesterday, today
[10:35] {Threei} let's try and modify it
[10:35] {magoo} and typing worse than usual too
[10:35] {Threei} Short Setup: RIMM .80 break half lot, if stays under .90
[10:36] {ese} managed to eck out 200 bucks yesterday but thats it
[10:36] {dino} better than i did, neg. on week
[10:37] {magoo} destroyed here yesterday
[10:37] {larisa} on AIG ?
[10:37] {magoo} veco yoku
[10:37] {larisa} k, you suck too, with us :)
[10:38] {ese} out rvbd .80 +.36 2k worth
[10:38] {Threei} don't include me
[10:38] {larisa} lol
[10:38] {magoo} u suk, that rimm triggered u know
[10:38] {Threei} go away
[10:38] {Threei} I had two great days if you happened to notice
[10:39] {dino} somebody slap him
[10:39] {Threei} gladly
06[10:39] * Threei slaps magoo around a bit with a large trout
[10:39] {magoo} sorry, thought we all were funning around there
[10:39] {ese} saaaaaaaaaaaaaaaammmmmmmmmmmaaaaaaaaakkkkkkkkkkkk!!!!!!!!!!!!!!!!11
[10:39] {Threei} aren't we?
[10:39] {larisa} I feel better for some reason.. lets find next one :)
[10:40] {Threei} my definition of fun is slapping people wirh dead fish
[10:40] {Threei} RIMM is not a scalp btw
[10:40] {ese} has a certain sawak to it for sure
[10:40] {Threei} aiming for about .60
[10:41] {Threei} maybe more
[10:42] {magoo} .53 maybe
[10:42] {magoo} looses .50 its another sh setup to .25
[10:42] {Threei} (IR) IMF confirms it will vote on Ireland loan package tomorrow, Dec 16
[10:43] {Threei} if it loses .50, it has no bottom
[10:43] {Threei} 1:1
[10:43] {dino} tin sm l .50
[10:44] {Threei} look at its daily
[10:45] {Threei} no support down to 55s
[10:45] {Threei} and retreats while market makes new highs
[10:46] {ese} are some of you short rimm right now
[10:46] {magoo} maybe ill let it ride, need the greed
[10:46] {stewy} y
[10:46] {ese} nice
[10:46] {Threei} [10:35] {Threei} Short Setup: RIMM .80 break half lot, if stays under .90
[10:46] {magoo} yup
[10:47] {ese} apologies chief....missed that call....
[10:47] {Threei} don't rinse second half RIMM
[10:47] {Threei} we want moire than lousy 10 cents
[10:48] {magoo} i want 55 dollar
[10:48] {magoo} im long flt again .50
[10:48] {Threei} well, maybe don't trail the stop then
[10:48] {Threei} but don't let it turn into loss
[10:48] {magoo} hard watching both
[10:49] {magoo} FLT wild
[10:50] {Threei} second half is stopped for me
[10:50] {magoo} dimre on gfirst?
[10:51] {Threei} yes, 1:1
[10:51] {Threei} maybe too tight but I don't like how market feels today
[10:51] {Threei} and when things are unstable, I abandon discretion and do things by the book
[10:52] {magoo} which book is that lol
[10:52] {Threei} and the book says, risk control trumps everything
[10:52] {Threei} why, Angelika - Quinne of Angels, of course
[10:54] {magoo} out 75 flt
[10:54] {magoo} big seller there
[10:56] {magoo} out rimm
[10:56] {magoo} -.08
[10:58] {Threei} Short Setup: SLW .90 break
[10:58] {Threei} if stays under 39
[11:01] {Threei} SPY .80 break should start serious downward spiral
[11:01] {Threei} 1:1
[11:02] {Threei} mags, where are you?
[11:03] {magoo} right here
[11:03] {Threei} oh good, here you are
06[11:03] * Threei slaps magoo around a bit with a large trout
[11:03] {magoo} :)
[11:04] {Threei} turns into just scalping day...
[11:04] {Threei} Long Setup: RIMM 60 break
[11:04] {Threei} half lot, and not a scalp, hopefully
[11:05] {Threei} let's break it down this way
[11:05] {Threei} for scalpers, .90 support
[11:05] {Threei} for day traders, .85
[11:06] {Threei} and target is about 60.40
[11:07] {jfjf64} HEY HEY
[11:07] {Threei} you just woke up or what?
[11:08] {jfjf64} lol
[11:09] {RonS} rimm earnings tomorrow ah?
[11:10] {Threei} yes
[11:10] {jfjf64} how was mornin
[11:10] {Threei} shaky
[11:10] {Threei} a lot of invalidated plays
[11:10] {Threei} couple stops, couple wins
[11:11] {Threei} all in all, wasn't really worth eaking up so far
[11:11] {Threei} RIMM invalidated
[11:12] {Threei} I fixed my morning somewhat by slapping living daylight out of magoo... but he was asking for it
[11:12] {jfjf64} nice
[11:12] {nemo} bby
[11:14] {Threei} BBY... very tempting short
[11:14] {magoo} sh rimm .80
[11:16] {Threei} Short Setup: BBY 35 break
[11:16] {Threei} if stays under .10
[11:16] {magoo} mkts losing it
[11:16] {Threei} good
[11:17] {Threei} cover half RIMM will ya
[11:22] {Threei} look at SPY 1 min
[11:22] {Threei} 11:01] {Threei} SPY .80 break should start serious downward spiral
[11:23] {nemo} should we tighten stop on bby
[11:23] {Threei} to above .05... matter of taste, really
[11:23] {Threei} I would rather do that after it makes new low
[11:23] {Threei} let it break .99 and trail to above .05
[11:24] {nemo} could be db on both market and bby tna taking off
[11:27] {nemo} lotta buying here
[11:27] {Threei} less and less likely with each next retests of the support
[11:28] {Threei} so may be a compromise:
[11:28] {Threei} trail to above .05 for half
[11:28] {nemo} out
[11:28] {nemo} bullish engulfing on high volume
[11:28] {nemo} out .07
[11:28] {Threei} RIMM is about to break major support and die
[11:30] {Threei} no go BBY
[11:30] {Threei} see jf, whole day like this
[11:30] {Threei} one works, another cancels it out
[11:31] {jfjf64} in rimm
[11:31] {Threei} mags, covering partials on RIMM??
06[11:31] * Threei slaps magoo around a bit with a large roll of cash
[11:31] {magoo} yup, got some left tho
[11:31] {Threei} cool
[11:31] {Threei} way to ride'em, cowboy
[11:32] {jfjf64} i will ty
[11:32] {jfjf64} or mags
[11:32] {jfjf64} lol
[11:32] {Threei} whoever identifies himself as a sowboy {G}
[11:32] {Threei} cowboy
[11:33] {jfjf64} i neve seen a russian cowboy
[11:33] {jfjf64} lol
[11:33] {magoo} only one gets to ride magoo is larisa :)
[11:33] {Threei} neither have I
[11:34] {RonS} 3i, am s bby .10...if it breaks idea for target?
[11:34] {magoo} no slap??
[11:34] {jfjf64} lvs
[11:34] {Threei} it has no support Ron
[11:34] {Threei} not for the next 5 bucks
[11:35] {RonS} ok then 20.00...
[11:35] {Threei} uncharted territory, no way to tell how far it can drop
[11:35] {Threei} lol
[11:35] {Threei} this is typical problem with breaks of this kind
[11:36] {Threei} have to go with real time indications to determine the exit(s),
[11:36] {RonS} channeling my wwmd...
[11:36] {Threei} no help from support/resistandce levels from the past
[11:36] {RonS} what would magoo do?
[11:36] {magoo} no slap??
[11:36] {magoo} id short lvs on a bounce
[11:36] {magoo} or hold rimm to oblivion short
[11:36] {Threei} magoo would whine and swear in the process, Ron
[11:36] {magoo} which im doing
[11:37] {magoo} and smash thiongs
[11:37] {Threei} right
[11:37] {RonS} smash thongs?
[11:37] {Threei} don't go there
[11:37] {Threei} cowboy smashing thongs...
[11:37] {Threei} yikes
[11:38] {magoo} sounds like a movie with heath ledger :)
[11:38] {Threei} lol
[11:39] {magoo} por guy
[11:40] {dino} lol
[11:40] {Threei} next round of selling is about to hit
[11:41] {larisa} pessimist
[11:41] {magoo} AIG short ?
[11:42] {Threei} not sure about AIG
[11:43] {magoo} LVS volume spike at 42
[11:44] {RonS} out by .91 +.19...saw a huge bid at .90...
[11:44] {RonS} bby
[11:45] {Threei} wtg
[11:45] {nemo} what happened
[11:45] {nemo} ?
[11:45] {RonS} shorted bby on my own nemo
[11:46] {nemo} congrats...I'm always one early.
[11:47] {Threei} you also missed discussion of cowboy side in magoo
[11:48] {Threei} very disturbing discussion, I must add
[11:49] {Threei} but then again, not many things about magoo are not disturbing
[11:51] {dino} out cisg .63, +.40
[11:52] {RonS} wtg
[11:52] {dino} ty
[11:52] {Threei} nice
[11:56] {ese} L ovti .23
[12:00] {ese} out .29 +.06
[12:05] {Threei} RIMM, nice drawdown after losing that .50
[12:06] {Threei} LOL, UN lifted Iraq sabctions today
[12:06] {Threei} snactions
[12:06] {Threei} whatever
[12:07] {Threei} 7 years after the overthrowing Hussein
[12:07] {Threei} they sure take their sweet time
[12:11] {RonS} ...they had a lot of parties to attend...
[12:12] {dino} stuck in tight range again
[12:13] {magoo} was on phone, is this rimm low?
[12:13] {magoo} still sh
[12:13] {magoo} from .80
[12:14] {magoo} looks lower
[12:14] {Threei} yes, makes new lows
[12:14] {magoo} hello?
[12:14] {Threei} phone talk is over
[12:15] {magoo} vad, 58.50?
[12:15] {Threei} no way to tell
[12:15] {Threei} that .50 support was ll RIMM had
[12:15] {Threei} no support on intraday, and n earest on daily is around 58
[12:18] {magoo} out
[12:18] {Threei} good trade
[12:23] {Threei} (US) Senate begins first of 4 votes to deal with the tax cut extension bill (3 amendments, then the final vote on passage)
[12:24] {dino} gj
[12:25] {dino} ccih?
[12:25] {Threei} no newss
[12:25] {Threei} extremely thin
[12:25] {Threei} bulimic
[12:28] {Threei} see BBY?
[12:29] {dino} lod
[12:29] {Threei} no standing power whatsoever since main support failure
[12:29] {dino} 34.25 imo
[12:30] {ese} L rvbd .87
[12:31] {magoo} pace pix up BBY
[12:40] {ese} rvbd stopped .70 -.17 too many times to the well
[12:43] {Threei} looking for short in GLD
[12:45] {Threei} standard setup would be .30 break, if stays under .40
[12:45] {Threei} I'd prefer short into bounce though
[12:46] {nemo} look at support on 15 minute chart
[12:46] {Threei} won't hold
[12:47] {magoo} rimm losing the 00
[12:48] {Threei} still think I was not in tune with direction mags?
[12:48] {Threei} {--- looking for an excuse for another slap
[12:48] {magoo} yup
[12:48] {Threei} wait... why do I need an excuse
06[12:48] * Threei slaps magoo around a bit with a large trout
[12:48] {magoo} luvin it
[12:48] {Threei} lol
[12:51] {dino} tin stopped -.32
[12:53] {jfjf64} bring stop dn??
[12:54] {Threei} ?
[12:54] {Threei} asking who and about what, jf?
[12:55] {jfjf64} you
[12:55] {jfjf64} gld
[12:55] {jfjf64} .40
[12:55] {jfjf64} stop
[12:55] {Threei} GLD 1:1, if you went for either vesrion of entry
[12:55] {jfjf64} 1/1
[12:55] {jfjf64} ty
[12:55] {Threei} so, scalp if you want to scalp,
[12:55] {Threei} but better cover half IMO
[12:55] {jfjf64} blla blaaa blaa
[12:55] {jfjf64} lol
[12:55] {jfjf64} lol
[12:56] {Threei} trail to b/e
[12:56] {Threei} and get this:
06[12:56] * Threei slaps jfjf64 around a bit with a large roll of cash
06[12:56] * Threei slaps jfjf64 around a bit with a large scalping course
06[12:56] * Threei slaps jfjf64 around a bit with a large Master Profit Plan
06[12:56] * Threei slaps jfjf64 around a bit with a large book of Techniques of Tape Reading
[12:56] {Threei} and for a good measure,
06[12:56] * Threei slaps jfjf64 around a bit with a large trout
[12:57] {Threei} day becomes brighter with each new slap
[12:57] {jfjf64} jf slaps 3i with TAO course
[12:57] {Threei} it's those juniper berries I am sure
[12:57] {nemo} cree
[12:58] {jfjf64} just dont go chasing RABBITS alice
[12:58] {nemo} I've got a bunny
[12:59] {jfjf64} hmm
[12:59] {jfjf64} ill leave that alone
[13:00] {Threei} lol
[13:00] {nemo} my nephew caught a baby rabbit just as it was about to be eaten by a never left
[13:00] {nemo} he named it "Bunny"
[13:01] {magoo} a sentimental side to nemo...who'd a thunk it
[13:01] {nemo} I used to have two dogs and 4 cats
[13:01] {nemo} mmhhhhh SHW
[13:03] {dino} a dog, a cat, a mouse, a rat, a fly that won't die and a little gnat
[13:03] {nemo} from where does that come?
[13:03] {dino} run dmc or beastie boys
[13:04] {nemo} oh jeez
[13:04] {dino} showing my age again huh
[13:04] {nemo} no...mine
[13:04] {dino} useless junk stuck in my head that i can't get rid of
[13:07] {Threei} lol
[13:07] {Threei} ok, edited slap script a bit, testing
06[13:07] * Threei slaps magoo around a bit with A Taoist Trader Course
[13:08] {Threei} yup... works
[13:09] {jfjf64} i must read more tao trader
[13:09] {jfjf64} jf got lazy this month
[13:10] {Threei} well... when to get lazy if not December
[13:10] {Threei} jan...
[13:10] {Threei} feb...
[13:10] {Threei} etc
[13:12] {nemo} aig
[13:12] {Threei} I know where the senter of insanity is in USA
[13:12] {Threei} Berkeley, Ca
[13:13] {Threei} naming the military guy who stole information for wikileaks a hero
[13:14] {Threei} why do these people insist on legalizing marijuana, they seems to be doing well as it is
[13:14] {Threei} (US) Senate passes the compromise tax cut extension bill (reaches majority threshold, voting continues)
[13:14] {Threei} - Extends Bush tax cuts for 2 years for all taxpayers. Bill includes the temporary 2% payroll tax holiday.
[13:14] {Threei} - Bill will next move to the House for review.
[13:15] {Threei} so what's the compromise? It sounds like the same bill House passed?
[13:18] {nemo} this should go over well in the bond market
[13:20] {magoo} wonder if 'W" grinning
[13:20] {magoo} how we miss AIG?
[13:21] {nemo} it just launched
[13:21] {magoo} thats your job nemo
[13:21] {magoo} launch alert
[13:22] {dino} brcm to flat
[13:27] {larisa} trying to find post where you got in?
[13:29] {dino} .10
[13:29] {dino} around noon
[13:29] {Threei} RIMM is so dead
[13:29] {larisa} ty
[13:33] {magoo} JOE pop
[13:33] {magoo} joe-mama
[13:35] {magoo} am i here?
[13:35] {magoo} or ignoring magoo
[13:36] {larisa} both? :)
[13:37] {magoo} BIDu death
[13:37] {magoo} SHIT
[13:37] {magoo} bam
[13:38] {Threei} pretty much trades llike news
[13:38] {Threei} I don't see any yet
[13:39] {dino} bidu gap fill oct
[13:39] {Threei} wow
[13:39] {magoo} CAUFGHT Va point
[13:39] {Threei} don't you dare try and catch bottom
[13:39] {magoo} out .87
[13:39] {Threei} wtg
[13:39] {magoo} 101 87
[13:40] {magoo} my alert was 103.30 area
[13:40] {nemo} cree
[13:40] {ese} gotta go all
[13:40] {magoo} bathroom?
[13:41] {Threei} take care ese
[13:41] {ese} ya
[13:41] {Threei} lol
[13:41] {ese} lol
[13:41] {ese} god one mags
[13:41] {ese} good
[13:41] {Threei} what the deuce... still no news BIDU
[13:41] {magoo} ty, felt it coming
[13:41] {dino} lowers growth rate
[13:43] {magoo} sh 102
[13:45] {magoo} 89 out
[13:45] {magoo} scared me
[13:46] {magoo} vad, BIDU feels much lower, thoughts?
[13:49] {nemo} tna break .40?
[13:50] {nemo} in
[13:51] {Threei} can't tell mags
[13:52] {magoo} is that an automated response?
[13:52] {Threei} no, this is:
06[13:52] * Threei slaps magoo around a bit with a large trout
[13:52] {magoo} wheres the RIMM short entry vad?
[13:53] {Threei} can't tell mags
[13:53] {Threei} wait...
[13:53] {Threei} it is automated...
[13:53] {Threei} but on serious side, nit looking to short rimm here
[13:54] {larisa} who is nit?
[13:55] {dino} brcm to .45
[13:57] {jfjf64} lookin at different techidicators doesnt anyone use macd
[13:59] {larisa} MACD is one of the "better" ones THEY say :) many people do use it.
[13:59] {dino} not i
[13:59] {RonS} no. will not make you money. tried 2 years. total rear view mirror indicator
[14:00] {dino} out brcm +.40
[14:00] {RonS} gj
[14:00] {dino} thx
[14:00] {larisa} which one will make you money? indicator is here just to help you to interperet price behavior
[14:00] {larisa} gj dino
[14:00] {dino} thx
[14:00] {nemo} 1/2 out .58
[14:00] {jfjf64} true larisa
[14:01] {jfjf64} smart answer
[14:01] {jfjf64} ill drink to that
[14:02] {larisa} if you are trend trader, find the one that shows trend the best.. if you are reversal trader, find good divergence indi.. etc etc :)
[14:03] {Threei} just gimmie one that makes money
[14:03] {Threei} while I sleep
[14:04] {jfjf64} lol
[14:04] {RonS} just plug me in to Goldman's computer...
[14:05] {larisa} gj on TNA nemo, liked the entry
[14:06] {nemo} ty
[14:07] {nemo} now if I can get the exit right
[14:10] {nemo} stopped 2nd hapf
[14:11] {nemo} gonna rinse me
[14:18] {nemo} bby bear flag?
[14:19] {nemo} 5 min
[14:19] {Threei} doesn't look right
[14:20] {nemo} x
[14:28] {nemo} oil continues up even when gold down
[14:29] {RonS} rig/bp
[14:30] {davd} careful with rig and bp - govt lawsuit ...
[14:31] {nemo} spy in no man's land
[14:32] {RonS} boogah...dive...dive
[14:32] {stewy} .
[14:34] {dino} mnkd
[14:34] {Threei} finally we are gettinf some nice red in the market'
[14:36] {magoo} get to a call vadrick the slayer
[14:37] {dino} impaler
[14:37] {magoo} yea thats it :)
[14:37] {Threei} need to talk it over with buffy
[14:38] {magoo} BIDU gpoing to rot
[14:41] {dino} buffy was hot
[14:42] {nemo} WAS is the operative word here
[14:42] {dino} smg still looks hot imo
[14:42] {nemo} bby looking like a bear flag yet vad 5min chart
[14:44] {Threei} probably...
[14:44] {Threei} not confident enough for a call
[14:44] {nemo} I'm having visions of the scarecrow on the pole "Thataway"
[14:44] {jfjf64} LOL
[14:48] {dino} maxy stopped -.08
[14:49] {magoo} BIDU short
[14:50] {magoo} thinkin new lows
[14:52] {nemo} entry mags?
[14:52] {magoo} 102
[14:54] {magoo} see if we can get bounce
[14:55] {magoo} covered .68
[14:55] {nemo} doji doji doji, doesn't know what it wants to do
[14:55] {magoo} wants to crash imo
[14:55] {magoo} but it rinses
[14:56] {Threei} really feels like crashing
[14:56] {magoo} new lows comin
[14:56] {magoo} reentered .52
[14:56] {Threei} lol, me too
[14:56] {Threei} out
[14:56] {Threei} .25
[15:01] {magoo} 101 ciov
[15:01] {magoo} had more shares than rwealized, almost fainyted
[15:02] {RonS} 10k?
[15:02] {magoo} much lower imo
[15:02] {Threei} you are just walking disaster waiting to happen, lol
[15:02] {magoo} nothing saving it today
[15:03] {magoo} being friday
[15:03] {Threei} friday?
[15:03] {Threei} today?
[15:03] {Threei} I want what mags is smoking... must be amazing stuff
[15:03] {dino} gj
[15:05] {Threei} another break
[15:05] {RonS} smoke...'shrooms from the woods...
[15:05] {Threei} holding better this time though
[15:05] {Threei} not shorting it anymore
[15:05] {magoo} well, mkts turning up
[15:05] {Threei} risk is too great
[15:05] {magoo} need mkt help too
[15:07] {nemo} I've got bidu support at .50, not super strong
[15:07] {nemo} frickin yoku
[15:08] {dino} back at ya
[15:08] {dino} :D
[15:08] {nemo} I didn't say yoke
[15:08] {nemo} yokel
[15:09] {RonS} mnkd whip
[15:10] {dino} out cld ave +.21
[15:10] {RonS} gj
[15:11] {magoo} gonna lose 100
[15:12] {dino} thx
[15:16] {magoo} 100 tough
[15:20] {dino} could be toying w/100 strike magoo, exp fri
[15:21] {magoo} good point
[15:29] {RonS} great, got a $4500 tick on my bidu chart...chart's now worthless
[15:30] {Threei} lol
[15:30] {dino} lol
[15:31] {dino} that was les' buy
[15:33] {RonS} w/ the Bellagio money guys were saying it had to be a promo since the guy was so lame runiing out of there
[15:33] {dino} back in ten
[15:34] {dino} those fhips have rfid, voided as soon as he stepped outside
[15:34] {dino} chips
[15:38] {nemo} here comes the spy push for flat
[15:40] {nemo} can't close in the red you know
[15:46] {nemo} done c ya
[15:47] {RonS} cya nemo
[15:47] {magoo} bye capn
[15:47] {Threei} take care nemo
[15:53] {Threei} Short Setup: RIMM .15 break half lot
[15:54] {Threei} for a quick scalp
[15:54] {Threei} only if sets up within a min or two
[15:55] {Threei} wow BIDU... no staying power whatsoever
[15:55] {Threei} stop above .20 RIMM
[15:55] {Threei} or close time
[15:56] {Threei} 5 min left, come on RIMM
[15:56] {Threei} die quickly
[15:56] {Threei} and die hard
[15:57] {Threei} 1:1
[15:58] {Threei} "moral satisfaction" trade
[15:58] {larisa} bye all!
[15:58] {dino} .
[15:58] {dino} cya lari
[15:59] {Threei} take care larisa
[16:00] {Threei} thank you all
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {harth} cya Thurs!
[16:00] {stewy} tks have a gd night
[16:01] {jfjf64} good night al
[16:01] {jfjf64} all
[16:03] {magoo} bye