Realitytrader Trading Room Transcript - updated daily. TRADE WHAT YOU SEE, NOT WHAT YOU THINK implemented. To see and trade these calls real time JOIN US LIVE!
Tuesday, February 19, 2013
Feb 19 2013
Not slowing down even after long weekend - 4 wins out of 5, nice continuation.
Session Time: Tue Feb 19 00:00:00 2013
[08:59] {dino} gm
01[08:59] {Threei} dino :)
[09:03] {thomcbell} gm
01[09:03] {Threei} tbell :)
[09:06] {patel} Good Morning
01[09:08] {Threei} patel :)
[09:14] {scottie} good morning
01[09:14] {Threei} scottie :)
[09:16] {Will49} good morning
01[09:16] {Threei} will :)
[09:20] {jdetente} gm
01[09:21] {Threei} jd :)
[09:24] {dptl} gm
01[09:24] {Threei} dp :)
01[09:27] {Threei} time to wake up I guess
01[09:27] {Threei} WMT is still weak
[09:27] {cipher} gm
01[09:27] {Threei} cipher :)
01[09:28] {Threei} so is FDX
01[09:28] {Threei} GDX
[09:31] {thomcbell} wow lvs
[09:32] {ese} gm........was reading the internet news and forgot to sign in
[09:33] {nemo} ESRX
01[09:33] {Threei} ese :)
[09:35] {cipher} cost l .64
01[09:35] {Threei} Long Setup: GDX .40 break
01[09:35] {Threei} If holds .30
[09:36] {thomcbell} long setup vod 25.20 break if holding 25.15
[09:36] {cipher} out cost .94 +.30
[09:37] {cipher} petm l .23
01[09:38] {Threei} Short Setup: LVS 51 break hl
01[09:38] {Threei} If holds .10
[09:38] {cc_8} OfficeMax and Office Depot are in advanced talks to merge, people familiar with the matter said, as the retailers of pens, paper and desks try to fight off tougher competition from rivals such as Staples Inc. and Amazon.com Inc. OfficeMax shares surged 20% to $12.92 premarket and OfficeDepot shares added 29% to $5.92. Staples shares were also trading higher, gaining 14% to $14.70.
[09:38] {cipher} out petm .16 -.07
01[09:38] {Threei} GDX 1:1
01[09:40] {Threei} Invalidated LVS
01[09:41] {Threei} valid again
[09:41] {dino} hum sm l .00
[09:41] {patel} dang missed it
01[09:41] {Threei} 1:1... toughies to execute
[09:41] {scottie} missed it too
[09:41] {dptl} yeah
[09:42] {Will49} missed
[09:42] {cipher} cost l .77
01[09:42] {Threei} GDX 1:2, out
[09:42] {Will49} tks Vad
01[09:43] {Threei} Short Setup: WMT .20 break
01[09:43] {Threei} If holds .30
[09:43] {dino} petm sm l .50
[09:43] {cipher} petm l .62
[09:43] {dino} hum stop -.28
[09:44] {dino} out petm .00, +.50. ty cipher for idea
[09:44] {cipher} out petm .00 +.38
[09:44] {cipher} np gj
[09:45] {cipher} out cost .68 -.09
01[09:45] {Threei} 1:1
[09:46] {scottie} out .10 tks Vad
[09:46] {dptl} me too ty
01[09:46] {Threei} yw
[09:46] {cipher} petm s .45
01[09:46] {Threei} (stinkin' scalpers)
[09:46] {dino} hum sm l .65
[09:46] {scottie} sue me
[09:47] {dino} out hum .95, +.30
01[09:47] {Threei} 1:2, out
[09:47] {jdetente} out ty
[09:47] {jdetente} two nice ones in a row
01[09:47] {Threei} yw
[09:47] {Will49} Tks again Vad
[09:47] {cipher} cov petm .34 +.11
[09:48] {patel} thanks Vad
[09:48] {dptl} NTAP .55 long?
[09:49] {patel} I am done for the day. Got alot of errands to run.
[09:49] {thomcbell} vod not a scalp for me - nice boring entry for portfolio managers
[09:49] {dptl} run away ntap
[09:50] {dino} fdo sm l .77
[09:51] {thomcbell} ntap 35.60 break Vad?
01[09:51] {Threei} can't tell
01[09:51] {Threei} 2 days break there
01[09:52] {Threei} but market spiked hard over ,last 5 min
01[09:52] {Threei} and all NTAP did was bobbing up and down in 10 cents range
[09:52] {cipher} sina l .82
[09:53] {thomcbell} yes
[09:54] {thomcbell} wprt impressive
01[09:54] {Threei} Short Setup: BBY .60 break
[09:54] {cipher} out sina .88 +.06
01[09:54] {Threei} If holds .70
[09:54] {dino} ipgp drop
[09:55] {jdetente} no BBY available with my broker...dang
[09:55] {cipher} ipgp l .56
[09:56] {thomcbell} will still use 35.21 as stop on vod
01[09:56] {Threei} stop .65
[09:56] {thomcbell} 25.21
[09:57] {cipher} out ipgp .90 +.34
[09:57] {dino} gj
[09:57] {cipher} ty
[09:58] {cipher} mlnx l .23
[09:58] {scottie} half out
01[09:58] {Threei} 1:1
[09:58] {dino} out fdo .07, +.30
[10:00] {cipher} out mlnx .63 +.40
01[10:00] {Threei} *(US) FEB NAHB HOUSING MARKET INDEX: 46 V 48E
[10:00] {thomcbell} mwv 35.74 break - half lot
[10:01] {cipher} sina l .76
[10:03] {cipher} out .85 +.09
[10:04] {dino} mx sm s .24
[10:06] {dptl} DG .70long?
[10:07] {dptl} in .71
01[10:11] {Threei} 1:2, out
[10:11] {scottie} +.18 tks Vad
01[10:12] {Threei} 3 1-2ers, can I go home?
[10:12] {Will49} tks Vad..on a roll
01[10:12] {Threei} yw
[10:12] {cipher} ulta l .69
[10:13] {dptl} out dg 1:1
[10:15] {cipher} ulta stopped .59 -.10
[10:15] {scottie} gj dp :)
[10:15] {dptl} ty
[10:16] {cipher} ulta l .72
[10:17] {cipher} affy l .86
[10:18] {cipher} out ulta .66 -.06
[10:19] {cipher} olta l .00
[10:19] {cipher} ulta
[10:20] {dino} cov mx .10, +.14
[10:21] {thomcbell} vod 1:1
[10:22] {cipher} out ulta .82 -.18
[10:23] {dptl} COF .30 long?
01[10:24] {Threei} hl
[10:25] {dptl} missed
[10:27] {thomcbell} stop to 25.30 on vod
01[10:28] {Threei} nice trade
[10:28] {thomcbell} tu
[10:30] {dptl} GILD .80 long?
01[10:31] {Threei} hl
01[10:31] {Threei} looks good for .95 or so
[10:31] {dptl} in .81
[10:32] {thomcbell} stopped vod
[10:39] {dptl} stopped gild
[10:41] {dino} markets have slowed down
[10:43] {nemo} you say that every day at this time
[10:44] {dptl} RHI .60short?
01[10:45] {Threei} 50/50
[10:45] {dptl} ok
01[10:45] {Threei} dp, go for a walk for 30 min, will you?
[10:46] {dptl} :) ok
01[10:46] {Threei} you start demonstrating all the signs of that rush that destroys your day
01[10:47] {Threei} and when you are back, make sure you calculated your trailing stop on the account for the day
[10:47] {dptl} for sure
[10:49] {scottie} ADM s .70 ?
[10:50] {cipher} amgn blood
01[10:50] {Threei} hl, ADM
01[10:50] {Threei} guess who's on TV
[10:51] {scottie} ok
01[10:51] {Threei} did he really just say they cut deficit by 2.5T?
[10:54] {Will49} why oh why do we watch this BS?
[10:54] {nemo} shut it off
01[10:54] {Threei} really... what channel is Jerry Springer on?
[10:55] {Will49} referring to the royal "we"
[10:58] {scottie} CMA l .50 ?
01[10:59] {Threei} not my cup of tea
[10:59] {scottie} ok
[11:03] {nemo} wlt, looks weak
01[11:13] {Threei} Short Setup: SLW .39 break
[11:17] {scottie} stop .46 ?
01[11:18] {Threei} yup
01[11:20] {Threei} 1:1
[11:20] {scottie} half out tks Vad
01[11:20] {Threei} yw
[11:21] {dptl} out .26 ty
01[11:21] {Threei} dp's 30 min jail time over, lol
[11:21] {dptl} lol
01[11:21] {Threei} or did you use get of jail card
[11:23] {scottie} trailing my stop to .35
[11:23] {scottie} .36
[11:26] {scottie} out
[11:27] {Will49} out but tks Vad...1:1
01[11:28] {Threei} yw
[11:29] {Will49} managing trailing stop on profit =very comforting
[11:29] {Will49} daily profit
01[11:29] {Threei} makes it so much more relaxed experience eh
[11:30] {Will49} absolutely
[11:36] {ese} no i'm not..........i'm watching and observing
[11:37] {ese} I follow nemo's every move .........watch him like a hawk..........can't get enough of him
01[11:37] {Threei} but if we wake you up suddenly, you answer the last question you heard yesterday?
[11:38] {ese} ahhhhhhhhhhhh..............i mean vads every move.........opps
[11:39] {Will49} reminds me of he old joke; if you wake up an Brit suddenly, they have no accent
01[11:40] {Threei} lol
[11:40] {ese} yup thats funny
[11:47] {thomcbell} adm 32.85 break if holding 32.80
[11:52] {thomcbell} jcp 19.75 short break if holding 18.81
01[11:56] {Threei} wow SLW
[11:56] {scottie} rinsed second half
[12:01] {thomcbell} jcp invalidated obviously
[12:06] {thomcbell} short setup line - 35.90 break if holding 36
[12:09] {thomcbell} line invalidated will still watch
[12:09] {thomcbell} looking for a long setup somewhere in here on mwv
[12:09] {dino} rax sm l .01
[12:13] {thomcbell} flattening adm for a small gain here
[12:14] {dino} out rax .31, +.30
[12:14] {dptl} SWKS .50 short?
01[12:15] {Threei} yes... not likely to be fast
01[12:15] {Threei} but what's our hurry
[12:15] {dptl} yeah :)
[12:21] {dino} pcyc sm l .40
[12:28] {dino} out pcyc .60, +.20, too jumpy
[12:39] {dino} hmm seemed i chickened out on pcyc
[12:51] {patel} I miss anything while I was gone.
[12:51] {nemo} our utter joy you weren't here
01[12:52] {Threei} lpl
[12:52] {nemo} thunder thumbs can't string 3 letters together
[12:52] {Will49} Vad has a lisp when he laughs
01[12:52] {Threei} sigh
[12:53] {Will49} so quite that we'll leap on anything to entertain
01[12:53] {Threei} I no talk to you lot 'nymore
[12:53] {Will49} quiet
[12:53] {Will49} not you Vad...just correcting
01[12:53] {Threei} 2 more winning trades patel
[12:54] {patel} really which ones
[12:54] {patel} I saw BBY
01[12:54] {Threei} [11:13] {Alert} Threei Short Setup: SLW .39 break
[12:55] {patel} nice
[12:55] {Will49} techy question: can't get charts at all. have changed chart servers over and over. any other solutions other than rebooting?
[12:56] {dino} freestockcharts.com
[12:56] {nemo} vmw might want down here
[12:58] {Will49} Thanks dino
01[12:58] {Threei} will, quote server 1, chart server 3
01[12:59] {Threei} if none of chart servers is working, change quote server
[13:02] {dino} i use it every day will
[13:02] {dino} mnro sm s .44
[13:03] {ese} which one is that?
[13:04] {ese} chart server that is
[13:05] {dino} i was talking freestockcharts ee
[13:05] {dino} ese
[13:06] {ese} ahhhhh...ya thought as much.......i use it as well
[13:08] {dino} mnro stop -.30
[13:09] {Will49} hmmmm.tried ALL thequote and chart servers...nothing
[13:09] {Will49} thn closed laser and reopened...still no charts
[13:10] {dptl} hmm..fine here...talk to cc then
01[13:10] {Threei} what quote server will?
[13:11] {Will49} stepped thru all the quote servers
01[13:12] {Threei} quote 1, chart 3, works fine here
[13:12] {Will49} no problem though...i can use freestockcharts
[13:13] {Will49} cc...any suggestions?
[13:14] {dptl} try different stock symbol Will
[13:15] {Will49} no change
[13:15] {dptl} hmm...
[13:16] {dptl} try to restart laser again
[13:17] {Will49} restarted...no change
[13:18] {dptl} well...text to cc he;ll figure that out
[13:20] {dptl} DG .20long?
01[13:22] {Threei} seriously?
[13:22] {scottie} ALTR s .10 ?
[13:23] {dptl} lunch time break....but it looks good ...:) no?
01[13:23] {Threei} hl, scottie
[13:24] {thomcbell} long stup splk 35 break if holding 34.90 - hl due to time of day
01[13:25] {Threei} way too narrow for my taste, tbell
[13:29] {thomcbell} k
[13:29] {scottie} in altr .08, stop .19
[13:33] {dptl} ye, there is some charts issue Will....i had to switch servers and now i see some data missing
[13:33] {Will49} rebooted PC and have charts back
[13:34] {Will49} must be the 1982 IBM PC I'm using:)
[13:34] {dptl} no its their issue not your comp
01[13:35] {Threei} you upgraded from Commodore 64?
[13:35] {Will49} haha
01[13:35] {Threei} that might be the problem... I still haven't
[13:40] {Will49} why the spy leap at 1:30?
01[13:40] {Threei} ?
01[13:40] {Threei} I see no leaps
[13:41] {Will49} maybe my charts
[13:41] {dptl} lol you just missing data Will ...same here
[13:41] {Will49} yikes
[13:43] {Will49} yeah..i see that gap on all my charts
[13:48] {Will49} Maybe some of you have seen this
[13:49] {Will49} THE FIVE RULES TO REMEMBER IN LIFE
[13:49] {Will49} 1. Money cannot buy happiness, but it's more comfortable to cry in a
[13:49] {Will49} Corvette than on a bicycle.
[13:49] {Will49} 2. Forgive your enemy, but remember the ass-hole's name.
[13:49] {Will49} 3. If you help someone when they're in trouble, they will remember you
[13:49] {Will49} when they're in trouble again.
[13:49] {Will49} 4. Many people are alive only because it's illegal to shoot them.
[13:49] {Will49} 5. Alcohol does not solve any problems, but then neither does milk.
[13:49] {Will49} Didn;t copy all of it
01[13:49] {Threei} yeah, got it some time ago
[13:49] {dino} lol
[13:50] {patel} lol
[13:50] {patel} What happen to Will?
[13:50] {dptl} lol
01[14:00] {Threei} here is another one for you will
01[14:00] {Threei} Good always wins over evil; thus who wins is always good
[14:00] {Will49} :)
[14:01] {scottie} altr stop to .12
[14:01] {Will49} Money cannot buy happiness, but it's more comfortable to cry in a
[14:01] {Will49} Corvette than on a bicycle.
[14:03] {nemo} just go long in the morning and take a nap
[14:05] {dino} wlt
[14:05] {dino} sm s .00
[14:06] {nemo} sheesh wlt, wtf
[14:06] {nemo} looks like 40 area
[14:08] {dino} cov flat poor entry
[14:09] {dino} sm s wlt .58
[14:10] {dino} stopped
[14:11] {dino} last try sm s .97
[14:16] {dino} cov wlt .67, +.30
[14:19] {dino} i did not trade that well
[14:19] {nemo} surprised you weren't paying attention to pivot levels
[14:19] {dino} was watching r1 nemo, but the bounces scared me out
[14:20] {nemo} I wasn't seeing any weakness until it got above 40
[14:20] {dino} theres r1 on the pullback
[14:21] {nemo} yeah, but that was the first pullback, the bids just go yanked...2nd mouse gets the cheese kinda thing
[14:32] {dino} wlt sm s .20
[14:32] {nemo} nice entry dino
[14:33] {dino} time will tell
[14:33] {nemo} I didn't say the exit would be pleasant
[14:33] {dino} yeah, feeling it
[14:33] {dino} stop -.30
[14:34] {dino} wtf rinsed
[14:34] {nemo} 1/7/13
[14:35] {dino} reload sm s .27
[14:36] {nemo} don't hang around too long, market is strong and that 41.30 area is begging to be tested
[14:36] {dino} thx
[14:36] {nemo} see the daily?
[14:37] {dino} cov .97, +.30
01[14:41] {Threei} Short Setup: LVS .10 break
[14:43] {dino} mnro sm s .70
[14:50] {dptl} RHT .80 short?
01[14:51] {Threei} yes
[14:51] {dptl} daily looks good
[14:52] {dptl} well to short i mean
[14:53] {dptl} invalidated
[14:56] {Will49} Need to bail early today...great day Vad..tks
01[14:57] {Threei} take care will
[14:59] {dptl} SWKS .50 short may be again?
01[15:01] {Threei} yes
[15:02] {dptl} .56 stop?
[15:03] {dptl} if triggers
01[15:03] {Threei} yeah
[15:05] {dino} stop mnro -.25
01[15:18] {Threei} Short Setup: DG 44 break
01[15:18] {Threei} If holds .10
[15:19] {dptl} got .98
[15:20] {dino} gotta hop. thx all, gn
[15:20] {scottie} dino
01[15:20] {Threei} take care dino
[15:32] {patel} oh well.... nice day....
[15:32] {dptl} stopped dg
[15:32] {jdetente} blah
[15:33] {dptl} in swks
[15:41] {jdetente} DG going to rinse
01[15:43] {Threei} dirty rotten scondrel
[15:46] {jdetente} son of a motherless goat
01[15:46] {Threei} lol
01[15:48] {Threei} OK guys, no more trades
01[15:49] {Threei} thank you all, have a good evening
01[15:49] {Threei} see you tomorrow
[15:49] {scottie} gn all
[15:49] {jdetente} gn
[15:49] {patel} take care
[15:49] {patel} gn