Tuesday, January 25, 2011

Jan 25 2011

Another strong winning day with usual suspects providing quite nice readable trades.


Before viewing this chart, re-read the article on different types of entry:
http://blog.realitytrader.com/2007/07/how-aggressive-are-you.html


Now this chart and entry will be crystal clear for you: $29.20 break is a short trigger, you can easily identify our actual entry as aggressive, granting us much tighter stop and bigger reward.




Session Time: Tue Jan 25 00:00:00 2011

[08:20] {magoo} morning
[08:20] {Threei}  astute observation
[08:20] {Threei}  BTU Reports Q4 $0.78 (cont ops) v $0.71e, R$1.82B v $1.8Be
[08:20] {magoo} i practice everyday
[08:20] {Threei}  obviously works
[08:21] {Threei}  I am too lazy
[08:21] {Threei}  I'll rely on you if you don't mind
[08:26] {magoo} news SYT
[08:27] {Threei}  only mentioned as sympathy to DD
[08:27] {Threei}  DD Reports Q4 $0.50 adj v $0.32e, R$7.4B v $7Be
[08:27] {Threei}  - Guides FY11 EPS $3.45-3.75 v $3.50e (prior $3.30-3.60, R$33-34B on 14th Dec)
[08:30] {nemo} gentlemen
[08:30] {Threei}  sir
[08:31] {magoo} cap'n
[08:33] {nemo} damn, clda just fell off the cliff without me
[08:34] {Threei}  first time I see someone regretting not being on something falling off the cliff
[08:35] {nemo} snowing again here today, and we're supposed to get another foot tomorrow
[08:35] {Threei}  yikes
[08:36] {nemo} out of coffee...guess I'll have to switch to alcohol early
[08:37] {Threei}  life is tough
[08:37] {nemo} Yeah, and the frickin rabbit decided to work on the bedsprings at 3 am this morning, oy vay
[08:38] {nemo} little teeth going tat tat tat tat tat on the metal
[08:38] {nemo} and you wonder why I wouldn't mind going over a cliff
[08:39] {Threei}  alternatively, you may want to throw a rabbit in there
[08:40] {nemo} try catching the little bastid
[08:40] {nemo} I'll have to shoot it first
[08:42] {Threei}  (US) Preview: Nov S&P CaseShiller Home Price data due at 09:00 ET**Consensus expectations: - S&P CaseShiller Home Price: No est v 145.32 prior - Composite-20 MoM: -0.8%e v -0.99% prior; YoY: -1.6%e v -0.80% prior
[08:43] {jfjf64} mornin all
[08:43] {Threei}  jf :)
[08:47] {nemo} mnta
[08:49] {ese} gm
[08:49] {nemo} that's your opinion
[08:49] {Threei}  ese :)
[08:50] {ese} lol
[08:50] {Threei}  never mind nemo, he is grumpy because of his rabbit
[08:50] {nemo} nephew's rabbit
[08:50] {Threei}  he is grumpy because of his nephew and rabbit
[08:51] {nemo} yeah, guess that is true
[08:51] {nemo} mnta way up, going way down
[08:51] {nemo} wtf
[08:51] {Threei}  something to do with TEVA
[08:53] {Threei}  (EU) ECB's Costa: Sees some threat to economic recovery from countries that are consolidating finances
[08:53] {Threei}  yup... that's a threat
[08:54] {Threei}  how could you consolidate your finances, you no good financially respinsible bastages
[08:59] {Threei}  CaseShiller Home Price data is coming
[09:00] {magoo} bidu was mover yesterday, reports tonite
[09:00] {Threei}  *(US) NOV S&P/CASESHILLER 20-CITY M/M: -0.54% V -0.8%E; Y/Y: -1.6% V -1.6%E; HOME PRICE INDEX: 143.85 V 145.32 PRIOR
[09:06] {RonS} coh...reports saying that stock dropping due to flat margins...but at 72.4% wtf?
[09:07] {RonS} do people realize that cost v selling price that's a triple?
[09:07] {Threei}  since when reports are written by those who understand why prices rise and fall?
[09:08] {RonS} gross margin percent = selling price minus cost divided by selling price
[09:09] {Threei}  let me elbaorate
[09:09] {Threei}  since when are reports written by those who understand why STOCK prices rise and fall?
[09:09] {RonS} i know...just saying...
[09:12] {RonS} lol...when did he arrive...midnight?
[09:12] {nemo} enoug with the calculus
[09:12] {nemo} whoa mnta
[09:12] {nemo} got espresso from the neighbor, oohh mistake
[09:13] {stewy} gd morning everyone
[09:14] {RonS} hi stewy
[09:14] {Threei}  stewy :)
[09:14] {nemo} stewster
[09:15] {nemo} fcx wants to drop
[09:18] {nemo} Oh, watched "The Fighter
[09:18] {nemo} last night.  Good movie
[09:18] {nemo} Christian Bale is great
[09:19] {RonS} sounds like a hit...
[09:19] {ese} hey nemo! what brought what brought atpg up on your radar yesterday?
[09:19] {larisa} gm :)
[09:19] {ese} laris
[09:19] {Threei}  larisa :)
[09:19] {davd} hi all.
[09:19] {larisa} ese, vad, all :)
[09:19] {Threei}  davd :)
[09:20] {ese} dave
[09:20] {RonS} hey dave...larisa ;)
[09:20] {nemo} I follow a list of about 15 traders on my "tweetdeck".  One of them popped off about it
[09:20] {davd} hi ronS Larisa
[09:20] {ese} tweetdeck?
[09:20] {nemo} I looked, saw the formation, and pulled the trigger.  Didn't have time to really think
[09:21] {nemo} yeah...it's an app that managers twitter
[09:21] {ese} ahhh
[09:21] {nemo} manages
[09:21] {nemo} that espresso
[09:21] {ese} how do those stocks made your trading list
[09:21] {ese} make
[09:21] {dino} gm all
[09:21] {Threei}  dino :)
[09:21] {nemo} that's how I was alerted to nvda also
[09:22] {ese} ya...i thought you made some really good trades there....well done
[09:22] {magoo} anyone catch MNTA short ?
[09:22] {nemo} not me, you?
[09:23] {Threei}  not with that spread mags
[09:23] {magoo} i missed too
[09:23] {nemo} btw, vmw hit a MAJOR support level as a low, it will probably retest it, so we, that is VAD should look for a short entry
[09:24] {magoo} VMW spiked to 95 afterhours
[09:25] {dino} lots of upgrades on it
[09:25] {magoo} then it pulled back, but 82.50 area held
[09:25] {nemo} yeah, funds got caught with their pants down and need to get better prices to get out, gonna' be a helluva gap this morning
[09:25] {Threei}  30 cents spread
[09:25] {nemo} at the moment
[09:28] {magoo} news GS vad
[09:29] {Threei}  none
[09:30] {Threei} Short Setup: X  .20 break half lot
[09:30] {Threei}  well
[09:30] {larisa} :)
[09:30] {nemo} spread jumped me
[09:30] {Threei}  if you got it, take profit
[09:30] {jfjf64} lol
[09:30] {Threei}  lol
[09:31] {nemo} interesting tck went one way and fcx the other
[09:31] {Threei} Long Setup:  X  .80
[09:31] {Threei}  half lot
[09:32] {Threei}  ummm
[09:32] {Threei}  what the deuce :)
[09:32] {jfjf64} holy   s
[09:32] {Threei}  perfect calls, impossible executions
[09:32] {nemo} anybody catch that?
[09:32] {nemo} then, that's not a perfect call
[09:32] {Threei}  OK, first minutes are way too hectic
[09:33] {magoo} no
[09:33] {Threei}  someone throw something heavy at nemo
[09:33] {nemo} damn espresso
06[09:33] * nemo slaps nemo around a bit with a large trout
06[09:33] * nemo slaps nemo around with a large bottle of tranquilizers
[09:34] {nemo} clf wtf
[09:34] {Threei} Long Setup:  SLW  .20 break
[09:34] {Threei}  if holding .10
[09:36] {Threei}  nope, not ready
[09:36] {nemo} fcx jumped too
[09:36] {magoo} X nuts
[09:38] {Threei} Short Setup: X  55 break
[09:38] {Threei}  half lot
[09:38] {RonS} took slw .12 to .28...thxs 3i
[09:38] {Threei}  :)
[09:38] {Threei}  if stays under .15
[09:39] {Threei}  invalidated
[09:39] {nemo} wow
[09:39] {Threei}  one buyer kept 55 defended
[09:39] {nemo} and then some
[09:40] {Threei} Short Setup: SLW  30 break
[09:41] {Threei}  stop above .10 for scalpers. .15 day traders
[09:41] {Threei}  1:1 scalpers
[09:41] {Threei}  1:1 day traders
[09:41] {ese} anyone get the sense that this is a pullback for a push over 12000 by the dow
[09:41] {nemo} jumped my .98
[09:42] {Threei}  ok, this one WAS executable
[09:42] {nemo} who knows
[09:42] {nemo} yeah, I'm just not good on fast execution
[09:42] {dino} ffiv filled 102.79 gap
[09:42] {Threei}  bunch of numbers at 10
[09:43] {Threei}  Richmond manufacturing, House price index, Consumer confidence
[09:43] {Threei}  X
[09:43] {Threei}  short idea is back
[09:43] {Threei}  55 break
[09:43] {Threei}  it's e recurring theme
[09:44] {nemo} market strengthening, vmw weak
[09:44] {Threei}  whenever it forms decent range for a bearable stop, 55 break is valid
[09:44] {Threei}  .15 again
[09:45] {nemo} hehehehehe
[09:45] {Threei}  half lot
[09:46] {Threei}  SLW crash
[09:46] {Threei}  come on X
[09:46] {nemo} qoq
[09:46] {larisa} longer X holds the range, crazier will be the break both ways.
[09:46] {nemo} wow
[09:46] {larisa} hah
[09:46] {nemo} the drops are so fast
[09:46] {Threei}  right you are
[09:46] {magoo} wow
[09:46] {larisa} off my screen for now
[09:46] {magoo} 55 to .66 X ty
[09:47] {Threei}  wtg
[09:47] {RonS} x s from .10 to .62...thks 3i...
[09:47] {Threei}  that was the only way to enter
[09:47] {Threei}  good job folks
[09:47] {jfjf64} ty
[09:48] {Threei}  Moscow blast is blamed on female suicide bomber from Dagestan
[09:48] {Threei}  "black widow"...
[09:49] {nemo} BIDU very strong
[09:51] {magoo} reports after bell, goog up
[09:51] {nemo} ahhh, that's why BIDU so strong
[09:51] {Threei}  who are you telling to goog up?
[09:51] {magoo} lvs weak
[09:52] {Threei}  45 break was on a radar, but it dropped too sharply into support
[09:52] {magoo} me too lvs
[09:52] {Threei}  let's see ifit gives us bounce to short
[09:52] {magoo} typed and it dropped
[09:53] {dino} mnta sm l .25
[09:54] {dino} stop is .08
[09:54] {RonS} feeling better dino?
[09:55] {Threei}  X
[09:55] {Threei}  double bottom candidate
[09:55] {magoo} VZ
[09:55] {Threei}  VZ guidance
[09:55] {Threei}  8 min ago
[09:56] {Threei}  Verizon Communications Guides FY11 EPS +5-8% y/y, Rev 4-8% y/y (implies $111-115B v $108Be) - conf call slides- Forecasts 11M iPhone units in FY11 as part of EPS model - Changing return policy to 14 days from 30 days - Announces trade in policy through use of third party - Expects to see continues margin expansion in wireline business - Sees FY11 CAPEX flat to down
[09:56] {Threei} Long Setup:  X  ,60 break if holding .50
[09:56] {Threei}  half lot
[09:57] {Threei}  invalidated
[09:57] {Threei}  not off radar though
[09:58] {Threei}  valid with .50 break
[09:58] {Threei}  if holding .35
[09:58] {Threei}  half lot, remember
[09:58] {Threei}  thing is very dangerous today
[09:59] {Threei}  *(US) JAN RICHMOND FED MANUFACTURING: 18 V 23.0E
[10:00] {jfjf64} hog
[10:00] {Threei}  *(US) JAN CONSUMER CONFIDENCE: 60.6 V 54.0E\
[10:00] {Threei}  no go X
[10:01] {nemo} so the market lifts on a lower mnfg number and drops on a higher confidence number
[10:01] {nemo} Mmmmmhhh....red pill....or blue pill
[10:01] {dino} kwr sm l ave .52
[10:01] {ese} whoa...anyone see spy bounce there...gap up
[10:01] {dino} mnta stopped
[10:02] {nemo} not on my chart ese
[10:02] {jfjf64} mos
[10:02] {jfjf64} bounce  time
[10:02] {jfjf64} ??
[10:02] {ese} 128.98 to 129.17
[10:03] {ese} don't ever recall seeing that before
[10:04] {Threei}  .60 break jf
[10:04] {Threei}  if holding .50
[10:04] {jfjf64} yes
[10:04] {Threei}  nope
[10:04] {jfjf64} nope
[10:04] {jfjf64} rules
[10:04] {nemo} probably at .24
[10:04] {jfjf64} dont  break  da  rules skipper
[10:04] {jfjf64} lol
[10:05] {ese} this is kinda bizzarre action by the spyders
[10:05] {jfjf64} yes  ese
[10:05] {jfjf64} crazy
[10:05] {Threei}  very
[10:05] {jfjf64} 2 days  whats  UP
[10:06] {Threei}  looked yesterday's log chart?
[10:06] {jfjf64} ALWAYS
[10:06] {Threei}  http://tradinglog.realitytrader.com/
[10:06] {davd} the jump on spy to .7 occurred prior to news release.
[10:06] {Threei}  that's your answer why market is so nervous
[10:07] {ese} consummer confidence up
[10:08] {nemo} Mencken moron survey
[10:08] {ese} con summer...in italian thats "with summer"
[10:09] {magoo} look BTU vad
[10:11] {Threei}  MOS
[10:11] {Threei}  looks lower
[10:17] {Threei} Long Setup:  BTU  .60 break half lot
[10:17] {Threei}  if holding .45
[10:17] {Threei}  MOS bottmoless
[10:18] {Threei}  no, found one
[10:18] {Threei}  lol
[10:18] {dino} or going for doublen bottom
[10:18] {Threei}  BTU invalidated
[10:21] {nemo} btu could bounce .20 area if not then .00, after that, next is 72.42
[10:21] {Threei}  market feels almost ready for bounce
[10:22] {Threei} Long Setup:  SLW  .90 break
[10:22] {jfjf64} lvs
[10:22] {jfjf64} ??
[10:22] {Threei}  argh'
[10:22] {Threei}  late alert
[10:22] {Threei}  1:1
[10:22] {jfjf64} ty
[10:22] {Threei}  oh well
[10:22] {Threei}  you must have had it on the screen jf
[10:23] {Threei}  LVS no
[10:23] {Threei}  not liking it for bounce
[10:23] {Threei}  grr... just wanted to add "short if anything"
[10:23] {Threei}  and it dropped through the floor
[10:25] {ese} i guess consummer confidence had to jump by by 6000% instead of just 6%......
[10:26] {dino} vmw sm l .50
[10:26] {ese} man i'm in a cynical mood this morning
[10:26] {nemo} lvs may have bottomed
[10:26] {dino} cxo sm l .99
[10:30] {nemo} hdy dino
[10:31] {dino} out cxo .33, +.34
[10:32] {nemo} where's sneeze with all his market internals
[10:32] {ese} L ldk ..08
[10:32] {dino} out vmw. 52, +1.02
[10:32] {ese} a ton
[10:33] {Threei}  market reversal as foretold
[10:33] {ese} out 1/2 avg .14 +.07
[10:33] {dino} hyd terminates letter of intent
[10:33] {nemo} to do what?
[10:33] {Threei}  anything
[10:33] {ese} balance to break even
[10:34] {magoo} i hooked cavo .2.65
[10:34] {Threei}  we are not going to do anaything, ever, said HYD
[10:34] {magoo} wish i put it in
[10:36] {ese} out balance ldk .24
[10:36] {dino} be aquired nemo
[10:36] {ese} +.14
[10:36] {RonS} gj ese
[10:36] {dino} nxpi spike
[10:37] {ese} tks....that went 3k/3k.....but that does it for me today because i have to invigilate an exam this morning in 45min
[10:37] {ese} cya all....might be back later
[10:37] {dino} sm s .99
[10:37] {dino} cya es
[10:38] {Threei}  take care ese
[10:38] {ese} yup cya guys and gals
[10:38] {dino} cov nxpi .35, +.64
[10:38] {RonS} gj
[10:38] {dino} thx
[10:39] {dino} things are fast today
[10:40] {nemo} mos might be forming C&H
[10:41] {Threei}  SLW
[10:41] {Threei}  pullback for long entry
[10:42] {Threei}  30 cross
[10:43] {Threei}  .90 cross
[10:45] {Threei}  no worky
[10:46] {nemo} in mod .01
[10:46] {nemo} mos
[10:48] {nemo} 1/2 out .12
[10:48] {Threei}  beautoful
[10:48] {nemo} 1/4 more .23
[10:48] {nemo} did the high volume doji trigger
[10:49] {nemo} stop to entry
[10:51] {larisa} gj
[10:52] {nemo} used high volume doji at 10:43 as trigger.  Volume increased and then broke .00 for entry
[10:53] {dino} gj
[10:53] {jfjf64} v
[10:53] {jfjf64} ??
[10:53] {nemo} pwer
[10:54] {nemo} consolidating above morning high
[10:55] {nemo} v momo
[10:56] {magoo} nemo, i in mos your call, waiting .40, opinion?
[10:56] {nemo} closer to .50
[10:56] {RonS} barney stated his position again nemo
[10:56] {nemo} bent over?
[10:56] {magoo} grrrr
[10:57] {RonS} hehe
[10:57] {nemo} that's MY Congressman
[10:57] {jfjf64} keep  ya  bunny  locked up
[10:57] {Threei}  rofl
[10:57] {nemo} scary
[10:57] {RonS} oh no
[10:58] {nemo} pwer break Vad?
[10:58] {Threei}  I hate this stock
[10:58] {Threei}  slow... water torture
[10:58] {nemo} ahhh
[11:00] {magoo} SODA
[11:00] {dino} soda spike
[11:00] {magoo} SODA
[11:01] {dino} sm s .55
[11:01] {nemo} wow dino fast
[11:02] {magoo} out mos
[11:02] {dino} cov .12, +.43
[11:02] {nemo} I bow to Zod (Dino)
[11:03] {dino} just some spikey action
[11:03] {magoo} good entry
[11:03] {stewy} .
[11:03] {Threei}  SLW
[11:04] {dino} vad, started the tao book last night
[11:04] {Threei}  cool, want to hear what you think
[11:04] {dino} just finished "water" chapter
[11:05] {dino} will let you know when finished, so far i like it, different way to look at same ideas
[11:06] {Threei}  different way to systematize them
[11:06] {magoo} u reading it online or buy book?
[11:06] {Threei}  so they become a streamlined outlook
[11:06] {dino} online
[11:06] {jfjf64} can  we  buy  book ??
[11:06] {Threei}  no, sorry
[11:07] {dino} bpt?
[11:08] {Threei}  still doesn't look ready for bounce
[11:09] {nemo} out mos .49 btw
[11:09] {dino} heck of a 3 month chart
[11:09] {dino} gj
[11:09] {nemo} did you hold mags?
[11:09] {magoo} no, posted out
[11:10] {magoo} i cant trade that one
[11:11] {nemo} oh, missed it...I'd put my stop in for the final 1/4 at be
[11:12] {dino} v sm l bpt .78
[11:13] {dino} stop is lod
[11:13] {dino} stopped
[11:13] {dino} -.47
[11:13] {Threei}  hmm
[11:13] {Threei}  market dropped right after this:
[11:14] {Threei}  Euro vs US Dollar (EU) EU's Van Rompuy: No reason to question the EUR/USD FX rate at 1.35; EU pledges to do anything necessary to maintain a stable Euro currency are "not empty words"
[11:14] {davd} ... and uup popped
[11:14] {Threei}  yeah
[11:15] {Threei}  I guess we are at the stage where each "we don't need any more money" sends them down screaming
[11:15] {Threei}  look at this
[11:15] {nemo} and market drops
[11:15] {Threei}  flash crash repetition is coming or what
[11:15] {dino} wow glad i stopped bpt
[11:16] {dino} nah
[11:17] {dino} going back to earlier wins
[11:18] {dino} vmw sm l .60
[11:19] {Threei}  looks to me selling is not done yet
[11:19] {Threei}  market I mean
[11:20] {dino} dk
[11:20] {dino} bpt more blood
[11:21] {magoo} hooker spread on it
[11:22] {dino} :O
[11:23] {nemo} ahhh, mags.......what's a "hooker spread"?
[11:23] {Threei}  ummm
[11:23] {Threei}  janitor frowns
[11:23] {nemo} dcc me then
[11:23] {Threei}  here comes more selling
[11:24] {magoo} got a read short
[11:24] {magoo} lvs btu ?
[11:25] {Threei}  RIMM
[11:25] {nemo} yeah lvs higher low
[11:25] {Threei}  .70 break
[11:25] {nemo} short I gather
[11:25] {Threei}  answering magoo
[11:25] {Threei}  so yes
[11:25] {jfjf64} whats  in  the  coffee 3i
[11:26] {dino} v sm bpt l .00
[11:27] {jfjf64} sndk   bounce  time
[11:27] {Threei}  really feels to me like mini-crash is about to come
[11:27] {jfjf64} ??
[11:27] {Threei}  taking RIMM aggressively
[11:27] {Threei}  .77
[11:27] {jfjf64} rimm
[11:27] {Threei}  stop above .85
[11:27] {magoo} .76
[11:27] {magoo} sh bidu .45
[11:28] {Threei}  grr, missed SLW
[11:28] {Threei}  thought of .60
[11:28] {Threei}  here comes my min-crash
[11:28] {magoo} in whayt?
[11:28] {Threei}  market
[11:28] {magoo} mkts?
[11:29] {Threei}  more to come, it's just a beginning
[11:29] {Threei}  look at SLW
[11:29] {larisa} sigh
[11:29] {magoo} 200 down?
[11:29] {Threei}  RIMM 1:1
[11:29] {Threei}  half out
[11:30] {Threei}  why sigh larisa?
[11:31] {Threei}  ugh... SLW was the best one to follow the short read, and I missed it
[11:31] {dino} out vmw .98, +.38
[11:31] {magoo} and i brougfht it to u
[11:31] {jfjf64} frustrating day  4  me
[11:31] {magoo} two dummies
[11:31] {jfjf64} 3
[11:31] {larisa} just imagining you with crystal ball foreseeing the future :)
[11:31] {Threei}  no you didn't
[11:31] {Threei}  11:24] {magoo} got a read short
[11:31] {Threei}  [11:24] {magoo} lvs btu ?
[11:32] {jfjf64} need  shot
[11:32] {dino} out bpt .30, +.30
[11:32] {Threei}  well, did it work or not, larisa?? :)
[11:32] {dino} bang
[11:32] {Threei}  RIMM 1:2
[11:32] {Threei}  1/4 more out
[11:33] {dino} might have chickened out bpt
[11:33] {dino} yes i did
[11:33] {dino} that sucks, originally i was waiting at .70
[11:34] {magoo} coming from magoo, thats one crazy f'in dstock dino
[11:35] {magoo} .50 cent spreads and more
[11:35] {nemo} tck bouncing, can fcx be far behind
[11:35] {magoo} out rimm .45 ty boss
[11:35] {nemo} jumped my .91
[11:35] {Threei}  I don't trust these bounces
[11:35] {nemo} scalp
[11:35] {RonS} rimm .70 to .44 thxs 3i
[11:35] {Threei}  welcome mags
[11:36] {Threei}  smackdown can be so sudden and sharp, ecen scalp is too dangerous right now on a long side
[11:36] {Threei}  look SLW
[11:36] {Threei}  still not done dropping I believe
[11:37] {stewy} 3i thx for rimm nice 1:3
[11:37] {Threei}  stewy :)
[11:37] {stewy} one more wet paper bag
[11:37] {stewy} cast aside
[11:37] {Threei}  lol
[11:38] {dino} slw filled nov gap i mentioned last week
[11:39] {Threei}  yeah, see it on daily
[11:47] {Threei}  RIMM 1:4
[11:48] {jfjf64} trade  off day
[11:48] {dino} gj
[11:48] {dino} cxo sm l .53
[11:48] {Threei}  bidding last piece .21
[11:48] {jfjf64} aggresssive  entry
[11:48] {jfjf64} worked  weell
[11:48] {Threei}  yeah, felt strongly about market drop
[11:48] {Threei}  and larisa sighed at me
[11:48] {jfjf64} you  did
[11:48] {jfjf64} she  did
[11:48] {jfjf64} lol
[11:48] {Threei}  :)
[11:49] {larisa} not drop, you said {crash}
[11:49] {Threei}  no, I said mini-crash
[11:49] {larisa} 30 cents? :) ok then :)
[11:49] {Threei}  mini-crash = maxi-drop
[11:49] {larisa} forgot we are scalpers here
[11:53] {magoo} .
[11:54] {magoo} am i here was dropped
[11:54] {larisa} no, mini-crached :)
[11:54] {dino} me too
[11:54] {Threei}  rofl
[11:55] {Threei}  larisa is in rare shape today
[11:56] {jfjf64} wmt
[11:56] {jfjf64} c/h
[11:56] {dino} msb sm l .25
[11:56] {jfjf64} ?
[11:57] {Threei}  nah
[12:01] {nemo} iwm leading spy
[12:03] {jfjf64} axp  lower  ??
[12:10] {dino} out cxo .97, +.44
[12:10] {Threei}  beautiful
[12:10] {Threei}  I think so jf, if loses .40
[12:10] {dino} thx
[12:17] {dino} out msb ave .74, +.49
[12:18] {dino} taking a break
[12:21] {Threei}  you better
[12:21] {Threei}  or you won't leave any money in the market for anyone else
[12:22] {dino} lol
[12:26] {jfjf64} battle  axp
[12:33] {Threei}  market reversing back down should resolve this battle
[12:37] {jfjf64} comon baby
[12:38] {Threei}  {baby} have faith jf, have faith
[12:38] {Threei}  what was that?
[12:39] {jfjf64} lol
[12:39] {Threei}  must be news
[12:39] {Threei}  all I ee is
[12:39] {Threei}  BAC Hearing Meredith Whitney lowering estimates for 2011
[12:40] {dino} scanners all green
[12:41] {Threei}  I've no idea what the deuce was that
[12:42] {dino} my .07 scanners 30 rolling all green
[12:42] {dino} unusual
[12:49] {dino} look bpt +5 from my chicken out
[12:51] {nemo} iwm still leading spy and looking to close the gap
[12:57] {RonS} ...The King's Speech garnered the most oscar nominations:  12
[12:58] {RonS} ...true story
[13:03] {RonS} feering...
[13:03] {RonS} ...like jf...
[13:04] {RonS} Treasury sells $35 billion in 2-yr debt at 0.65%       01/25 11:03 AM
[13:07] {RonS} ...guess I'll go talk to my dog, or my buddy the squirrel who is in the bird feeder in the backyard...
[13:08] {Threei}  hmmm
[13:08] {dino} lol
[13:08] {dino} going to let the puppy in
[13:08] {Threei}  you have some weird friends ron...
[13:09] {RonS} "my girlfriend's a dog"  Bill Murray in Ghostbusters
[13:11] {dino} lol
[13:12] {nemo} don't forget my rabbit
[13:13] {nemo} spy led iwm that time
[13:24] {magoo} in anything?
[13:24] {jfjf64} dog house
[13:24] {nemo} spy back to pre-market low
[13:24] {dino} no
[13:26] {nemo} vmw moving against market
[13:26] {dino} gap at 1280, thurs
[13:29] {davd} imo the pop in tlt is because traders dont want to be short treasuries after obama state of union, i.e. selling tbt
[13:48] {nemo} sneeze....where the hell you been...needed your market internals
[13:49] {magoo} huh?
[13:49] {nemo} ?
[13:49] {RonS} mr. heit
[13:50] {nemo} nice
[13:50] {magoo} im long just now rimm .16
[13:54] {kschun} no problem guys, will no more mention anything about internals.....
[13:54] {nemo} no, was looking for them from you
[13:55] {nemo} my english must be bad
[13:57] {nemo} dcc kschun
[14:06] {RonS} 3i, rimm short?
[14:07] {nemo} don't do that, mags is long
[14:07] {Threei}  well, I don't want to short into drop
[14:07] {Threei}  need consolidation or bounce
[14:07] {nemo} x strong wtf
[14:08] {Threei}  yeah, unusdual
[14:08] {Threei}  -d
[14:09] {nemo} oh, thought you were gonna' use a dos command
[14:09] {kschun} o.k. guys, I am out. one trade, profit target reached. yesterday I did continue trading and lost about 70% of my profits. so for today I am out.
[14:09] {magoo} out rimm flat
[14:10] {kschun} trade was AFL short
[14:10] {kschun} financials and energy weakest sectors
[14:10] {nemo} been there do that, got the scars...no Tshirt though
[14:11] {kschun} harley davidson: any news on it vad? amazing today, hole industry very strong.
[14:11] {RonS} hog earn a.m.
[14:12] {nemo} x new year downtrend
[14:12] {nemo} broke it
[14:13] {magoo} look at X clinmb
[14:14] {nemo} aig at long term support
[14:14] {Threei}  Harley Davidson Inc Reports Q4 -$0.18 (incl charges) v -$0.30e, R$917M v $863Me- Guides FY11 shipments 221K-228K - Guides FY11 gross margin 34.0-35.0% - Guides FY11 Capex $210-230M (incl $60M-$75M for restructuring activities) - Q4 Shipments 44.5k v 35.9k y/y - Q4 gross margin 29.6% v 20.3% y/y - CEO: In 2010, we expanded our international footprint, saw improvement in our motorcycle segment results driven by the restructuring of our operations and returned HDFS to solid profitability. A strong, financially sound Harley-Davidson is key to our ability to invest in the business and grow. While there is still hard work ahead and we remain cautious in our outlook, I am confident that we are positioning Harley-Davidson to succeed and deliver value for all our stakeholders into the future.
[14:15] {nemo} not anymore
[14:16] {kschun} o.k. thanks
[14:16] {nemo} ?
[14:19] {dino} ??
[14:20] {magoo} ???
[14:22] {Threei} Short Setup: SLW  .30 break
[14:22] {Threei}  if stays under .40
[14:22] {nemo} x maybe too
[14:22] {Threei}  no
[14:23] {nemo} whoa
[14:23] {Threei}  SLW is not a scalp
[14:23] {Threei}  another mini-crash candidate
[14:24] {magoo} any read bidu vad, ?
[14:24] {kschun} @nemo: there you go:
[14:24] {kschun} http://finance.yahoo.com/advances
[14:24] {Threei}  no
[14:24] {magoo} whoa
[14:25] {nemo} I can't look at yahoo...I've got a frickin' 64, bit operating system, so no flash
06[14:25] * Threei envisions larisa sighing and rolling her eyes
[14:25] {kschun} for all the guys not having internals. this is quite good stuff. free, however 15 mins delay
[14:25] {kschun} oh sorry man
[14:25] {nemo} np
[14:26] {Threei}  1:1
[14:26] {kschun} oh boys, Vad no approaching the girls LOL. may still stay the next 15 mins... :-)
[14:26] {kschun} now... :-)
[14:26] {kschun} all fun, don't take it to serious :-)
[14:27] {Threei}  unless it's bacon, I don't take it serious
[14:27] {kschun} LOLLOLLOLLOLLOLLOL :-)
[14:30] {kschun} I am out, see you guys. thanks to all!
[14:30] {Threei}  take care kschun
[14:30] {nemo} cu
[14:33] {dino} cya
[14:33] {dino} damn dial-up
[14:33] {jfjf64} target  slw
[14:34] {magoo} .87?
[14:35] {Threei}  1:2
[14:35] {Threei}  ummm
[14:35] {Threei}  not sure
[14:35] {Threei}  but should lose 29
[14:35] {jfjf64} lol
[14:39] {jfjf64} nice
[14:39] {jfjf64} die ya  dog
[14:40] {jfjf64} jf  out of  dog  house
[14:40] {jfjf64} yahoooooooooooooooooooooooo
06[14:40] * Threei slaps jfjf64 around a bit with a large healthy dose of faith
[14:40] {Threei}  1:3
[14:41] {jfjf64} axp  killedd my  faith
[14:41] {nemo} probably to .76 at least
[14:41] {jfjf64} no  like  the  word
[14:41] {jfjf64} outttttttttttttt
[14:41] {jfjf64} tyty
[14:41] {Threei}  ywyw
[14:41] {jfjf64} look  vol  bar
[14:41] {nemo} yeah, so if it drops below the tail, it'll keep on going
[14:43] {jfjf64} still in  3i
[14:43] {Threei}  last piece
[14:43] {Threei}  stop above .10
[14:44] {Threei}  my appetite moves from mini-crash to maxi-drop
[14:44] {Threei}  not to be confused with maxi-dress and mini-skirt
[14:48] {dino} towr sm spike
[14:48] {nemo} wow what volume
[14:48] {dino} prefer looking at mini skirt
[14:50] {Threei}  1:4
[14:50] {jfjf64} ya good
[14:50] {dino} vmw drop
[14:52] {dino} you short vmw?
[14:53] {jfjf64} i wish
[14:53] {jfjf64} rimm
[14:53] {jfjf64} lower
[14:55] {stewy} .
[14:55] {stewy} 3i, thanks.
[14:56] {Threei}  welcome
[14:56] {dino} vmw sm l .25
[14:56] {stewy} done for day. :)
[14:56] {stewy} good night all
[14:56] {Threei}  see you tomorrow stewy
[14:56] {jfjf64} enjoy  stew  man
[14:56] {dino} cya stew
[15:04] {RonS} ldk smoked
[15:06] {magoo} bidu
[15:07] {dino} wants gap 13.16 ldk
[15:09] {RonS} hope ese out ldk
[15:09] {dino} close enough, sm l ldk .20
[15:09] {magoo} yea he printed outs
[15:15] {nemo} wow pwer
[15:15] {RonS} all solars
[15:16] {magoo} any reporting after close?
[15:16] {Threei}  (US) Senate to evaluate spending measures to deal with debt ceiling after February- REMINDER: budget experts say the current debt ceiling will be hit between March 31 and May 16, depending on the economy's performance.
[15:16] {RonS} O speech mags...
[15:16] {Threei}  YHOO
[15:16] {magoo} ah
[15:16] {Threei}  JNPR
[15:17] {Threei}  GILD
[15:17] {Threei}  the rest is also-runs
[15:17] {magoo} bidu too
[15:17] {Threei}  I don't see BIDU today
[15:18] {magoo} how about wed?
[15:18] {Threei}  no
[15:18] {magoo} crap, i read it somewhere
[15:19] {RonS} http://earnings.com/company.asp?client=cb&ticker=bidu
[15:19] {RonS} says 1/31...
[15:20] {dino} go to biz.yahoo.com/research/earncal/today
[15:20] {magoo} ok, ty
[15:21] {dino} out vmw .70, +.45
06[15:22] * Threei slaps magoo around a bit with a large calendar of important financial events - wife accessories shopping and kids entering college
[15:22] {patience} any idea on NWSA?  have you been trading it and i didn't notice?
[15:22] {Threei}  never touched it
[15:23] {patience} ty
[15:23] {Threei}  what's interesting about it?
[15:23] {dino} out ldk .45, +.25
[15:23] {Threei}  narrow...
[15:23] {Threei}  20 cents range
[15:23] {patience} price movement last 5 days
[15:27] {nemo} mos
[15:28] {dino} green close? my bet
[15:28] {magoo} 106 has trejected bidu all day
[15:28] {magoo} like 55 times'
[15:28] {jfjf64} 56
[15:28] {magoo} if it takes 106.10 look out
[15:29] {jfjf64} x
[15:32] {dino} jks drop
[15:32] {dino} solar beat down day
[15:33] {dino} back in tewn or so
[15:33] {dino} ten
[15:37] {Threei}  oh boy
[15:37] {Threei}  CLNE Afternoon strength attributed to speculation that alternative energy cars could be mentioned in the State of the Union speech tonight
[15:37] {Threei}  good way to lose your shirt
[15:37] {nemo} omfg
[15:38] {magoo} what nemo?
[15:38] {nemo} cracks me up
[15:38] {Threei}  OMFG - symbol not found
[15:38] {nemo} the whole speculation as to why clne up
[15:38] {nemo} oh sorry
[15:48] {Threei}  Qs green
[15:49] {Threei}  smackdown is coming now I believe
[15:50] {larisa} :)
[15:51] {larisa} what is the word.. incorrigibigibible?
[15:51] {Threei}  close
[15:51] {magoo} short setups?
[15:51] {Threei}  right spelling is inkorribgiligible I believe
[15:52] {larisa} ah.. ok
[15:52] {Threei}  mags, got a wristwatch?
[15:52] {Threei}  or a wall one?
[15:52] {Threei}  or desk?
[15:52] {magoo} some best moves now, lots of time
[15:55] {RonS} $2.90 price move prdicted in jnpr options...gonna be some fireworks
[15:55] {Threei}  but larisa... before cauterizing me, could you evaluate the accuracy?
[15:55] {magoo} calls ron?
[15:55] {RonS} castigate
[15:56] {RonS} mags ya take the price of the calls plus the price of the puts nearest strike price
[15:56] {magoo} oy
[15:56] {Threei}  JNPR, if this one get smacked on earnings, it could be total yuck
[15:56] {Threei}  look how it hangs over support
[15:57] {Threei}  Ron... cater your answer so fingers on one hand would be enough to comprehend it
[15:57] {RonS} jnpr got smacked initially on another's earn...
[15:58] {nemo} this closes near the high today we get new high tomorrow, unless Obama really rocks the boat
[15:58] {RonS} supposed to call for 5 yr fed spending freeze...what will be the reaction?  also no more earmarks
[15:59] {nemo} the earmark ban will never happen
[15:59] {RonS} neither will the freeze
[16:00] {nemo} well a freeze means, no further spending above what's already planned, and there is plenty of spending increases already baked in
[16:00] {RonS} that's DC speak...hate it
[16:00] {RonS} maybe O should show up as Mr Freeze a la Arnie in the Batman movie
[16:01] {RonS} spray those bastards frozen...
[16:01] {Threei}  thank you all
[16:01] {Threei}  have a good evening, see you tomorrow
[16:01] {larisa} bye :)
[16:02] {harth} ty cya Wed:)
[16:06] {Threei}  YHOO Reports Q4 $0.26 v $0.22e, R$1.20B v $1.2Be