Session Start: Fri Jan 21 01:05:45 2011
[08:10] {nemo} The weather outside is frightful...
[08:44] {Threei} and the market for bears is not delightful
[08:44] {nemo} very nice, bunnies aren't liking it much either
[08:51] {magoo} morning
[08:51] {Threei} mags
[09:01] {nemo} acor
[09:02] {ese} morning
[09:03] {Threei} ese :)
[09:04] {ese} morning vad
[09:07] {RonS} hi everyone
[09:07] {Threei} ron :)
[09:13] {ese} mornin ron
[09:14] {ese} another day anddddddd......certainly more dollars
[09:14] {ese} my positive thought for the day
[09:15] {RonS} could not figure out that retail move yesterday...then ah i heard about dds going reit
[09:17] {RonS} that's why shld and others went nuts
[09:17] {ese} 40 to 44 move......nice little chunk
[09:18] {nemo} TM
[09:18] {nemo} ll.com: UAW may target Toyota for organizing efforts, Detroit News reports
[09:18] {ese} morning nemo
[09:18] {nemo} astute observation...very early for you
[09:19] {ese} somedays
[09:20] {ese} that wjould not be a smart move on the uaws' part during a fragile economic recovery
[09:20] {nemo} it's about political power
[09:20] {stewy} good morning
[09:20] {Threei} stewy :)
[09:20] {ese} stew
[09:21] {ese} ya for sure
[09:23] {larisa} gm :)
[09:23] {Threei} larisa :)
[09:24] {larisa} vad :)
[09:24] {ese} mornin laris
[09:24] {larisa} morning es :)
[09:27] {magoo} vad..whats on your open list
[09:27] {magoo} x lvs
[09:27] {Threei} I have open list?
[09:27] {ese} what are you stalking this morning vad....usual suspects
[09:27] {magoo} be easier just to type symbols u know
[09:27] {Threei} not much to stalk, they all applied for restraining order
[09:28] {magoo} if u want any chance of magoo letting u go home early today
[09:28] {nemo} not bad
[09:28] {Threei} look at SLW, staying in red
[09:28] {Threei} lol
[09:28] {Threei} want to short it at first opportunity
[09:28] {Threei} 31 break maybe
[09:29] {ese} lol
[09:29] {ese} ok
[09:29] {jfjf64} mornin all
[09:30] {Threei} jf :)
[09:32] {Threei} LVS, watching for bounce
[09:32] {nemo} U 2?
[09:32] {magoo} X too vad
[09:32] {Threei} Short Setup: SLW .10 break half lot
[09:33] {Threei} stop above .25
[09:33] {Threei} sheesh LVS
[09:33] {Threei} what was that
[09:33] {magoo} really
[09:34] {nemo} somebody bought shares?
[09:34] {nemo} OP EX Friday...yahoo
[09:34] {Threei} no go SLW
[09:35] {Threei} 2 cents to 1:1
[09:35] {Threei} abnormal volatility everywhere
[09:35] {nemo} pot calling the kettle black?
[09:37] {magoo} X vad
[09:38] {Threei} goes lower IMO
[09:39] {Threei} LVS, watching got long around .50
[09:39] {Threei} for long
[09:40] {Threei} Short Setup: X .50 break
[09:40] {Threei} half lot
[09:41] {Threei} 1:1
[09:41] {Threei} Long Setup: LVS .60 break
[09:41] {Threei} stop under .50
[09:42] {Threei} 1:1
[09:42] {Threei} fast and furious everywhere
[09:43] {Threei} LVS 1:3
[09:44] {Threei} Short Setup: CAT .60 break
[09:44] {Threei} half lot of course
[09:46] {Threei} nah
[09:47] {ese} l bac .53
[09:47] {ese} movin fast
[09:47] {ese} out bac .62
[09:47] {ese} +.09
[09:47] {nemo} wow, that is fast for bac
[09:47] {RonS} nice ese
[09:47] {ese} definitey
[09:47] {ese} sloth usually
[09:48] {ese} surprised me
[09:48] {RonS} v jumpy
[09:49] {ese} quite unusual for a stock thats traded 85 millions shs already today
[09:49] {jfjf64} slw
[09:49] {jfjf64} momo
[09:54] {Threei} Long Setup: SLW .70 break
[09:54] {ese} question for someone.....whats the usual tendency for a stock price when the company has just issued or declared a dividend.......positive and up?
[09:54] {Threei} stop .55
[09:55] {ese} in
[09:55] {ese} .70
[09:57] {nemo} offer .70
[09:58] {nemo} gone
[09:58] {ese} good
[09:58] {dino} down on the payment ese
[09:58] {Threei} enough games SLW, let's go
[09:58] {Threei} look at the market
[09:58] {ese} yup
[09:59] {Threei} take that .70 and run
[09:59] {ese} sheesh
[09:59] {ese} steel toed boot please vad
[09:59] {nemo} need volume to come in
[10:01] {Threei} no worky
[10:01] {ese} stopped there
[10:01] {ese} .54
[10:01] {Threei} IMMU Reports Targeted Therapy for Advanced Pancreatic Cancer Improves Survival (3.46, +0.09, 2.67%)
[10:01] {ese} oh ya sure.....
[10:01] {Threei} sheesh... rinse
[10:02] {Threei} IMMU reacting
[10:02] {ese} in
[10:02] {ese} .71
[10:02] {nemo} I set stop at .54
[10:02] {ese} out .78
[10:02] {nemo} .77
[10:03] {ese} auch du miya
[10:08] {Threei} LVS, looking for short entry
[10:08] {Threei} .20 break is obviious one but things tend to rinse today
[10:08] {Threei} if we get lucky enough to get in on bounce around .30, would be safer
[10:09] {Threei} otherwise, 20 break short
[10:09] {Threei} with stop above .30 for scalpers
[10:09] {Threei} .35 day traders
[10:10] {Threei} 1;1 scalpers
[10:10] {nemo} better just scalp today
[10:10] {magoo} anyone know when BIDU reports?
[10:10] {Threei} definitely is the case so far
[10:11] {nemo} look swings on slw
[10:13] {RonS} go here mags and look it up: http://tinyurl.com/66k3qul
[10:13] {ese} nemo....was that a buy stop at .54 with slw?
[10:14] {Threei} stop to .25
[10:14] {nemo} ese, don't know what you're talking about
[10:18] {Threei} wow X
[10:18] {nemo} yeah
[10:21] {Threei} Long Setup: X .15 break half lot
[10:22] {Threei} no go
[10:22] {Threei} day traders 1:1 LVS
[10:23] {ese} did you go long at .54
[10:24] {Threei} 1:2
[10:24] {Threei} finally something works decently
[10:26] {ese} and then exit at .77 if so ....awesome trade
[10:26] {ese} lots of nerve there
[10:27] {stewy} 3i any read on bp?
[10:27] {Threei} not really
[10:27] {stewy} ok
[10:30] {ese} L sti .65
[10:36] {ese} out sti .82
[10:36] {ese} +.17 ....nice little 2k hit
[10:37] {dino} cffn? a split?
[10:39] {Threei} there was some complicated reorganization
[10:39] {Threei} not sure how to read it
[10:40] {dino} thx can't find much
[10:42] {ese} it's like you said dino......on these gap up days.....it's darn near imposible to find stuff
[10:45] {nemo} in x .08
[10:45] {magoo} funny me too
[10:45] {nemo} 1/2 .25
[10:46] {ese} L axp .05
[10:47] {RonS} fwiw, axp reports Mon ah
[10:47] {Threei} good one
[10:47] {Threei} little inverted H&S
[10:47] {Threei} have a look at yesterday's catch of the day for the closely-looking setup
[10:49] {nemo} out .10
[10:50] {nemo} scalp scalp scalp
[10:50] {Threei} well, that long green bar was as good signal as they come
[10:50] {ese} tks ron...saw that....i don't plan on hangin in there
[10:51] {ese} during earnings season i usually check breifing . com to see when stocks report
[10:51] {ese} hmmmmm just got stopped axp .90 -.15
[10:52] {ese} that sucks
[10:54] {jfjf64} mkt i/cup
[10:54] {jfjf64} spy\
[10:54] {nemo} that big?
[10:54] {nemo} wow
[10:54] {nemo} must have back problems
[10:55] {jfjf64} was that fisocious
[10:55] {nemo} ? fecetious?
[10:55] {RonS} no, discous
[10:55] {nemo} no...I'd say it was more prurient
[11:03] {dino} msb to .25
[11:07] {Threei} Short Setup: X .80 break
[11:08] {Threei} invalidated, but...
[11:08] {Threei} looking for better entry
[11:09] {Threei} 54 vreak
[11:09] {Threei} break
[11:09] {Threei} if stays under .10
[11:09] {dino} out msb slipped ave .12, +.62
[11:09] {RonS} gj, never saw entry...
[11:10] {Threei} in
[11:10] {jfjf64} in
[11:10] {Threei} 1:1
[11:10] {Threei} half out
[11:10] {dino} right when i logged on
[11:11] {Threei} stop to be
[11:11] {jfjf64} ty
[11:11] {Threei} scalpers be happy
[11:11] {jfjf64} my new wife happy
[11:14] {Threei} held by fingertips
[11:15] {Threei} 1:2
[11:15] {jfjf64} be back after lunch
[11:15] {Threei} 1/4 more out
[11:15] {jfjf64} ty
[11:15] {Threei} finally firmly in green
[11:15] {Threei} was oscillating between green and breakeven
[11:16] {jfjf64} ditto
[11:16] {Threei} this one righted things
[11:20] {nemo} funny...doesn't feel like we're up today
[11:23] {dino} ndx is red
[11:25] {dino} anr sm l .75
[11:30] {dino} stop anr -.27
[11:45] {dino} wow anr drop
[11:46] {Threei} why didn't we re-short X
[12:02] {nemo} aig rebound
[12:03] {dino} calling it a day. thx all. go j e t s !
[12:05] {Threei} hmmm
[12:05] {Threei} slacker
[12:08] {ese} ok....i'm liken vmed......right out of the Tape Reading book vad...p125
[12:09] {nemo} X
[12:09] {nemo} broke
[12:10] {ese} L cof .30
[12:12] {ese} and i like cof
[12:17] {nemo} in tna .79
[12:19] {nemo} 1/2 .00
[12:24] {nemo} stop .90
[12:25] {ese} daaaaaaaa....look away for i min.......vmed taking off....missed it
[12:25] {nemo} 1/4 more .10
[12:27] {nemo} stop to .00
[12:34] {nemo} stop last
[12:34] {nemo} 1/2 .20
[12:34] {nemo} 1/4 .30
[12:34] {nemo} I lied
[12:34] {nemo} 3/4 .20
[12:34] {nemo} duh
[12:36] {ese} nice trade nemo......
[12:36] {nemo} ty
[12:37] {nemo} slb short Vad?
[12:37] {ese} you wait for that volume spike at 11:45
[12:37] {ese} before you got in
[12:37] {Threei} 84 break
[12:37] {Threei} sure
[12:43] {nemo} market turns could be long
[12:45] {Threei} 1;1
[12:53] {nemo} in x .41
[12:54] {magoo} .
[12:58] {nemo} out
[13:05] {ese} out cof .38 +.08 took my 80 bucks and called it quits on that one
[13:15] {Threei} Short Setup: LVS .90 break
[13:18] {Threei} Long Setup: X .25 break
[13:18] {ese} my judgement is poor today.......cof.......daaaaaaa
[13:19] {nemo} frig missed it
[13:20] {Threei} KVS no go
[13:20] {Threei} X 1:1
[13:20] {ese} ok........quit while your ahead time for me....cya monday
[13:21] {RonS} cya ese...have a nice weekend
[13:22] {kschun} nice weekend man
[13:22] {stewy} bye ese
[13:22] {Threei} take care ese
[13:26] {Threei} LVS rinsed
[13:32] {nemo} 1:2 X
[13:33] {Threei} out in full
[13:40] {Threei} 1;3
[13:40] {Threei} oh well
[13:57] {Threei} grrr LVS
[14:00] {magoo} strange day
[14:08] {kschun} PLT may for a bounce
[14:08] {kschun} but really thin
[14:14] {RonS} a close sub 775 on the .rut puts it on a PnF sell signal for the first time in months
[14:14] {RonS} this would be a trigger for many institutions to step to the sidelines
[14:14] {Threei} well, maybe it's time
[14:14] {nemo} careful...every time we think there's a major sell signal, we're wrong
[14:15] {Threei} true
[14:15] {nemo} remember the spring H&S in 2009
[14:15] {Threei} one of these times it will be right but anyone trying to predict whch time exactly can just roll a dice
[14:15] {nemo} Then there was last January through April...that's it we're dead
[14:15] {nemo} not until 2012...mind you
[14:16] {nemo} Most shorts are now using hemmrhoid pillows
[14:16] {Threei} all the intellectualizing is as effectve as attempt to change Solar system structure with kitchen spatula
[14:16] {nemo} o.k. Ptolemy
[14:16] {RonS} hey, dino likes that gap talk...i like PnF...to each his own
[14:17] {Threei} and I just love bacon
[14:17] {nemo} frankly I like TNA hehehehehe
[14:17] {Threei} pervert
[14:17] {RonS} always liked tna...
[14:17] {nemo} yeah...ROn's a weird one
[14:17] {Threei} another pervert
[14:17] {nemo} Pot calling the kettle black?
[14:17] {Threei} but at least now I know why I feel right at home
[14:17] {nemo} speaking of trends, spy just pulled back to it
[14:20] {kschun} SPY short at 128.5 vad?
[14:23] {Threei} 50/50
[14:23] {Threei} anyone's guess
[14:24] {nemo} What's max pain on the spy
[14:24] {nemo} ?
[14:25] {nemo} $126
[14:26] {RonS} dunno, rarely means anything imo...
[14:48] {jfjf64} ge look lower
[14:49] {jfjf64} .85 ??
[14:49] {Threei} water torture stock
[14:50] {Threei} our grandkids will consider marriage, and we are still going to sit here and wait for it to set up
[14:50] {jfjf64} lol
[14:51] {jfjf64} but true
[14:53] {jfjf64} slw
[14:53] {jfjf64} read
[14:53] {jfjf64} .10 break
[14:58] {Threei} toughie
[14:58] {Threei} I'll stay away
[15:02] {kschun} most different part of all the trading for me is still how to know when to stay away...
[15:03] {Threei} well... you know there is a course for you to read over this upcoming weeklend
[15:03] {Threei} it speaks about that in details, among many other things
[15:09] {kschun} o.k. will be done tomorrow.
[15:09] {Threei} nah, tomorrow you will forget
[15:10] {jfjf64} ??? im waiti 4 name of course and author
06[15:10] * Threei slaps jfjf64 around a bit with A Taoist Trader Course
[15:11] {Threei} Short Setup: X .35 half lot
[15:11] {jfjf64} x
[15:11] {Threei} Short Setup: LVS .60 break
[15:12] {Threei} X stop above .50
[15:12] {Threei} LVS .65 break invalidation
[15:15] {nemo} oh boy tck
[15:15] {jfjf64} in
[15:15] {Threei} good... let's see if TCK drags X with it
[15:15] {jfjf64} im lvs
[15:15] {jfjf64} lol
[15:20] {Threei} can trail a stop to .45 on X
[15:23] {Threei} 1:1 LVS, lol
[15:25] {Threei} half out X
[15:25] {Threei} half out LVS
[15:25] {kschun} will not forget it, put an A4 sticker on one of my screens LOL
[15:25] {Threei} A4 - is it the size that covers whole screen?
[15:26] {Threei} stop to .40 X
[15:27] {kschun} almost :-)
[15:27] {Threei} well, don't forget to look at that screen then {G}
[15:27] {kschun} LOL
[15:29] {Threei} 1:2 LVS
[15:30] {Threei} covering 1/4 more here
[15:30] {Threei} 1:3
[15:30] {jfjf64} lets go .45
[15:31] {Threei} not bad for the eod
[15:31] {Threei} two slowly working ones
[15:33] {jfjf64} .45 eat em
[15:34] {jfjf64} diee
[15:35] {jfjf64} out
[15:35] {jfjf64} hit button by accident
[15:35] {jfjf64} ty
[15:35] {jfjf64} 13 cents
[15:38] {Threei} good boy X
[15:38] {Threei} die
[15:39] {Threei} out last piece LVS
[15:39] {Threei} .41
[15:40] {jfjf64} nice job
[15:42] {kschun} great stuff man!
[15:43] {kschun} SCCO my best trade on this day. worst was SVIB long.
[15:43] {kschun} besides the VAD-BURNER-TRADES. will not measur this ones...
[15:43] {kschun} those ones
[15:44] {Threei} LVS even lower
[15:44] {Threei} og well
[15:44] {Threei} ok X
[15:44] {Threei} let's do loooong red bar
[15:44] {jfjf64} k
[15:45] {Threei} hmmm
[15:45] {Threei} I think it's color blind
[15:45] {Threei} it did a long bar but wrong color
[15:46] {kschun} LOL
[15:53] {RonS} "the party's over...turn out the lights..." c youze monday
[15:53] {nemo} so, so far we've had a 1 day pull back
[15:53] {Threei} take care Ron, have a good one
[15:53] {Threei} well, to be fair, today is weak, even though green
[15:53] {jfjf64} later rs
[15:53] {stewy} c ya Ron
[16:00] {nemo} aig
[16:00] {Threei} thank you all
[16:00] {Threei} have a great weekend
[16:00] {Threei} see you on Monday
[16:00] {larisa} bye! :)
[16:00] {kschun} great weekend to all, great chat!
[16:00] {jfjf64} enjoy
[16:00] {jfjf64} go jets
[16:00] {stewy} enjoy your weekend.
