Friday, July 20, 2007

Trading Log July 20, 2007

Session Start: Fri Jul 20 00:00:00 2007

Session Time: Fri Jul 20 00:00:00 2007

[07:48] {lklarson} stopped TASR
[07:54] {BillyD} Vad...is there a way to print the individual topics on your blog
[07:56] {Threei} you mean to get a page which contains single post, not the long scroll down page with many of them?
[07:56] {BillyD} yes
[07:56] {Threei} sure, use links on the right side to click on a post of interest
[07:56] {BillyD} got it thx
[07:56] {Threei} so instead of main page you get for instance
[07:56] {Threei} http://www.realitytrader.com/blog/2007/07/how-aggressive-are-you.html
[07:56] {Threei} which is asingle post
[07:57] {Roman} long GOLD small
[07:57] {Roman} long PAAS small
[07:57] {Roman} in pass 30.75 area
[07:57] {BillyD} just printed...thx
[07:59] {esemde} IBKR ..another MDCO}}???
[08:00] {Threei} good question... I have no way to read these moves, they come suddenly and end abruptly
[08:02] {BillyD} VVUS strong
[08:03] {Roman} out JASO flat
[08:07] {esemde} anyone ever seen the Shaker Flashlight....?? no batteries...you shake it and it charges itself...uses an LED light
[08:08] {esemde} my daughter has one for camp next week
[08:13] {dptl} got to leave early again....pretty ugly week for me.....will see how next one going to be...have a good weekend everyone see ya monday
[08:13] {BillyD} have a good one dp
[08:13] {esemde} see ya dp
[08:14] {Threei} that was simply ugly week dp
[08:14] {Threei} take care, see you on Monday
[08:14] {dptl} i think so
[08:17] {BillyD} watching MDCO here for possible break of .07...10 better confirmation...for maybe a slow drift up
[08:17] {Threei} PMCS?
[08:17] {BillyD} overall....day isn't enthusing
[08:17] {Threei} no
[08:18] {BillyD} nice daily PMCS
[08:20] {BillyD} again Vad, very good detailed explanation on aggressive entries
[08:20] {BillyD} reason behind them
[08:22] {Threei} ty
[08:29] {BillyD} NCST trying to set it seems....will take some very good volume imo
[08:40] {Threei} look at NVDA
[08:44] * BillyD passes Vad a tissue
[08:45] {Threei} thank you
[08:45] {BillyD} it's not fair
[08:46] {BillyD} the greatest paradigm shift for any trader is accepting this
[08:46] {BillyD} well...one of the greatest
[08:58] {esemde} I figure,,,,,the day can only go up from here....maybe?
[08:58] {Threei} hmmm
[08:59] {BillyD} that is what I tried w/ MDCO in at 18.59..out .47
[09:00] {BillyD} webnt lower
[09:03] {DaveG} mkt selling hard
[09:04] {BillyD} should get bounce near NDX 2020 area
[09:15] {esemde} well bouncing right up there NHWK...narrowly escape a stop loss...we.ll see
[09:16] {BillyD} I got a small one out of MDCO from .16 to .38
[09:17] {esemde} gj Billy
[09:17] {BillyD} thx ese...stop earlier on it
[09:19] {esemde} looking at GOOG, man you have to have alot of cash to play something like tha
[09:20] {BillyD} not sure it's the cash ese
[09:20] {esemde} close at $548.00 open at $511.00
[09:20] {BillyD} was 5.03 area AH yesterday
[09:20] {BillyD} 503
[09:20] {esemde} 1000 shs...37,000.00 dollar loss right off the bat
[09:22] {BillyD} to some that is nothing in the grand sheme of things...part of doing business
[09:23] {esemde} I guess huh.....
[09:23] {BillyD} yeah, it's all relative...way out of my league
[09:23] {esemde} me as well..
[09:38] {DaveG} .
[09:38] {Threei} POSH
[09:38] {Threei} lousy volume...
[09:38] {esemde} FMCN has agreat looking HAMMER on the daily chart....
[09:39] {esemde} looking good on a 1 min chart also
[09:41] {BillyD} NCST trying
[09:48] {esemde} SCMR monitoring....don't know if it has enough energy to push higher
[09:51] {esemde} bbby taking a shot at the highs
[09:51] {Threei} SCMR is way too narrow for my taste
[09:55] {Threei} NCST
[09:58] {esemde} that looks good
[10:03] {cosmo} gee... its a summer friday.... and its lunch time ....tell NCST
[10:03] {BillyD} yeah...I thought it was close to 4pm EST
[10:04] {cosmo} maybe in the Atlantic
[10:05] {cosmo} there seems to be one of these every day now
[10:06] {BillyD} thank goodness
[10:07] {BillyD} we would all fall asleep
[10:07] {cosmo} sleep is good
[10:07] {esemde} NCST up 130% whoaa!
[10:08] {Threei} most of it in the gap though
[10:13] {esemde} and once again, no follow through
[10:14] {BillyD} it seems good on pullbacks ese
[10:14] {BillyD} then again most do to me at least
[10:14] {BillyD} especially lately
[10:14] {BillyD} ese...have you read vad's latest blog post
[10:15] {esemde} no.....
[10:15] {esemde} what the topic
[10:16] {BillyD} please do....on advantages/disadvantages of aggressive entries or more importantl entries overall
[10:16] {esemde} will dofor sure...
[10:17] {BillyD} helps asses risk for personal levels
[10:18] {Threei} why do I expect the world to read that blog when people in this room don't... :)
[10:19] {BillyD} I even signed up for feed
[10:20] {BillyD} search engines should pick it up vad
[10:20] {Threei} they do
[10:20] {BillyD} yes
[10:20] {Threei} assignment for the weekend to all room members: go out, find 3 traders and make them read the blog
[10:20] {Threei} your reward is not getting trouted on Monday
[10:22] {Threei} except Dave
[10:22] {BillyD} go here Vad
[10:22] {BillyD} http://www.google.com/search?hl=en&rls=GGIC%2CGGIC%3A2006-49%2CGGIC%3Aen&q=aggressive+trade+entries+vad
[10:22] {Threei} who is getting trouted no matter what
[10:22] {BillyD} too funny
[10:23] {BillyD} under Andrea diary
[10:23] {Threei} what's that?
[10:23] {esemde} hey...wait a minute.....I just read it....
[10:23] {BillyD} did you go to link
[10:24] {Threei} This blog has been archived or suspended for a violation of our Terms of Service.
[10:24] {BillyD} Google search
[10:24] {Threei} http://thaliaandreasde.wordpress.com/
[10:24] {Threei} this is where it takes me
[10:24] {BillyD} taht I don't know but...it was something we were discussing
[10:24] {esemde} but i've read Vads book Techniques of tape reading twice and i believe those topics are covered around pages 110 or so.
[10:25] {BillyD} it doesn't take you to google??
[10:25] {Threei} I mean andrea diary link
[10:25] {esemde} Andrea......????? is there a picture
[10:25] {BillyD} I see....just showing the search engines picking up your blog
[10:26] {Threei} yes
[10:26] {esemde} aaannnnnddd?.......
[10:26] {BillyD} and our nicks under the Andrea link
[10:26] {BillyD} kinda of funny
[10:26] {BillyD} no pic ese
[10:27] {esemde} too bad.....
[10:27] {esemde} had my curiosity going....
[10:32] {esemde} AVCI...
[10:32] {BillyD} watching it
[10:35] {esemde} just glanced at NCST ...picking up steam...again
[10:35] {BillyD} I was slow on the .20 break
[10:35] {esemde} i missed it
[10:36] {Roman} OBCI high
[10:42] {esemde} all the selling must be done on GOOG and CAT
[10:55] {DaveG} ok, there's 3 daves here now
[10:55] {DaveG} aapl
[10:59] {esemde} NCST up 160%....man
[11:00] {Threei} one opf those... buy and faint for a few hours
[11:01] {BillyD} anyone disconnect Laser executor
[11:01] {Threei} yes
[11:01] * Threei slaps LaserDave around a bit with a large trout
[11:01] {BillyD} ty
[11:01] {esemde} is anyone in NCST....
[11:01] {BillyD} not here
[11:01] {Threei} I wish
[11:02] {esemde} Your self control Vad is impressive...you've probably seen a ton of these but you stick to your guns
[11:03] {Threei} for some of them you get a feel of imminent run-up
[11:03] {Threei} remember HOKU a week or so ago
[11:03] {esemde} yes
[11:03] {Threei} where I was very confident of it going to 14
[11:03] {esemde} yes
[11:03] {Threei} with this one, I just couldn't get any feel
[11:03] {Threei} it was not trading with that "foam at its mouth"
[11:04] {Threei} no change in pace as it went down or up
[11:04] {Threei} it's pace that gives you this feel
[11:04] {esemde} true
[11:04] {Threei} and NCST was just like a piece of crap floating up and down
[11:05] {Threei} so discipline simply comes to "trade what you can read"
[11:05] {Threei} and yes, discipline sometimes leaves with out in the cold while a stock moves big
[11:06] {esemde} It does take alot of self control to stay out though.
[11:06] {Threei} matter of experience... which is troubles you got yourself into and learned to stay away from
[11:07] {esemde} yes indeed....i still have some learning to do
[11:08] {Threei} here is the biggest trap market sets up for you:
[11:08] {Threei} RANDOM REINFORCEMENT
[11:09] {Threei} if you can tolerate little educational rant on such day, allow me 3 minutes on this
[11:09] {esemde} you bettcha
[11:09] {Threei} we are conditioned to learn in a more straightforward way
[11:09] {Threei} meaning, correct behavior is getting rewarded
[11:09] {Threei} and mistakes get punished.
[11:10] {esemde} yes
[11:10] {Threei} This way we acquire knowledge of what is correct and what constitutes mistake.
[11:10] {Threei} In market however it's not that simple.
[11:10] {Threei} It has a way of sometimes rewarding mistakes
[11:10] {esemde} true
[11:10] {Threei} and punishing for correct behaviour
[11:10] {Threei} Blow your stop,
[11:11] {Threei} decide to hold your position no mater what,
[11:11] {Threei} does it always mean you get detroyed?
[11:11] {Threei} Not necessary in some particular case.
[11:11] {Threei} You may get rewarded for this
[11:11] {Threei} as stock recovers making you whole.
[11:12] {Threei} Rewarding this mistake, market lures you into repeating it
[11:12] {esemde} definately
[11:12] {Threei} . Buy a stock at the spike
[11:12] {Threei} into vertical part of the chart
[11:12] {Threei} and you may get lucky as it proceeds even higher,
[11:13] {Threei} again, mistake is getting rewarded.
[11:13] {cosmo} gee...NCST wants 200%
[11:13] {Threei} Do the right thing, take tyour stop,
[11:13] {Threei} and watch stock reversing and proceeding to breakeven and higher
[11:13] {Threei} Correct behaviour is getting punished.
[11:13] {esemde} yes indeed
[11:13] {cosmo} born to suffer
[11:14] {Threei} Market luring you into abandoning the right way to act.
[11:14] {esemde} been there
[11:14] {Threei} If you get into especially bad period
[11:14] {Threei} kind of what we have right now
[11:14] {esemde} yes
[11:14] {Threei} where this kind of market reactions get repeated several times in a riow,
[11:15] {Threei} and temptation to abandon your rules may overtake common sense
[11:15] {esemde} can wipe you out
[11:15] {Threei} Next thing you know, odds take over
[11:16] {Threei} string of losses and missed profits turns out to be a cluster
[11:16] {Threei} (distribution of those things is not even, it can be clusteted)
[11:16] {Threei} and as cluster ends, you get back into normal market mode
[11:17] {Threei} but with acquired and reinforced bad habits
[11:17] {Threei} Next thing we hear from a trader who acts like this is,
[11:17] {Threei} no matter what I do, market finds the way to get me
[11:17] {Threei} I bet you heard this zillion times
[11:17] {Threei} and most likely thought it yourself at times
[11:17] {esemde} yes
[11:18] {Threei} I sure had, both
[11:18] {Threei} so what is poor peasan to do?
[11:18] {esemde} follow rules
[11:18] {Threei} 1. understand this random reinforcement thing
[11:18] {Threei} 2. follow rules
[11:18] {Threei} as frustrating as being punished for following them can be at times,
[11:19] {Threei} it will be rewarded in a,long run
[11:19] {DaveG} the long run
[11:19] {cosmo} when you short at just the right time?
[11:19] {BillyD} ty dave
[11:19] {Threei} comromise dave?
[11:19] {Threei} a long the run?
[11:19] {DaveG} :)
[11:19] {Roman} LUNA out of control
[11:20] {esemde} witty...
[11:21] {esemde} thanks Vad
[11:21] {Threei} always
[11:33] {Roman} SCOX pop
[11:47] {Roman} NWRE pop
[11:48] {esemde} i was disconnected for a few minutes
[11:51] {Threei} not like you missed a lot
[11:52] {Roman} LUNA
[11:53] {Roman} bouncer
[11:54] {Roman} NCST loosing 6
[11:54] {BillyD} NCST jumps by .15 which makes it difficult
[11:56] {Threei} closing your eyes helps
[11:58] {Threei} esemde, look dcc please
[12:00] {Roman} in LUNA 5 small
[12:08] {Roman} out LUNA
[12:09] {Roman} -.04
[12:20] {esemde} out NHWK .73 +.25
[12:20] {Threei} nice
[12:20] {Threei} esemde, look dcc please
[12:20] {BillyD} wtg ese
[12:28] {BillyD} just scalped NCST short for .20...
[12:28] {BillyD} couldn't post had to focus
[12:29] {BillyD} kleenex
[12:32] {Threei} lol
[12:33] {Threei} with such rate you are going to go through boxes of the stuff in a month
[12:33] {BillyD} I was finding myself chasing to caiver last little bit
[12:33] {BillyD} cover
[12:33] {DaveG} have a great weekend gang
[12:33] {Threei} bye dave
[12:33] {lklarson} u2 dave
[12:33] {BillyD} cya dave
[12:34] {BillyD} got to let the house money ride a tad bit longer
[12:34] {Threei} imagine someone frustrated by missing NCST, looking at LUNA spike, thinking "here is my chance to catch one of those runners" and buying closer to 6
[12:34] {BillyD} got caught in emotions for a moment
[12:35] {BillyD} been there many times Vad
[12:35] {BillyD} greed
[12:35] {BillyD} fear of loss
[12:35] {BillyD} there is always another trade around the corner
[12:37] {BillyD} Vad..I read Elder...Trading for Living...great book and he is also from Russia
[12:37] {BillyD} he is pretty direct
[12:38] {Threei} it has good bits and pieces, especially on psychology part
[12:38] {BillyD} yes
[12:38] {Threei} but the trading system itself, I wasn't terribly impresssed
[12:38] {Threei} although it doesn't really matter
[12:38] {BillyD} is that separate book
[12:38] {Threei} no, one described in it, three screens thing
[12:39] {Threei} anyway, not something to trip over, good book
[12:39] {Threei} system is sytem, each works out his own anyway
[12:40] {BillyD} true...I never read that part
[12:40] {Threei} if you focussed on general approach and psychology, you got the most valuable part of the book
[12:42] {BillyD} a friend gave me a huge box of trading books
[12:43] {BillyD} I threw out all the ones that had nothing to do with Psychology and approach
[12:43] {BillyD} which was most of them with Wade Cook being the most thrown out
[12:44] {Threei} oh lol
[12:44] {BillyD} and only read Psychology parts
[12:44] {Threei} there are good ones out there
[12:44] {BillyD} most solid books say same thing
[12:44] {Threei} zen in the market
[12:44] {Threei} trading in the zone
[12:44] {BillyD} no to zen
[12:45] {Threei} but mine is da best
[12:45] {BillyD} Ari Kiev...Trading in the Zone
[12:46] {Threei} ummm
[12:46] {BillyD} he pushes traders to take neccessary risks
[12:46] {BillyD} different from Douglas]
[12:46] {Threei} I refered to same title by douglas
[12:46] {Threei} kiev, I don't know
[12:46] {Threei} didn't resonate with me
[12:47] {BillyD} pretty good book
[12:48] {BillyD} anyway....the readings have helped my paradigm to change
[12:48] {BillyD} and now all you said for past ten yrs makes sense to me
[12:48] {BillyD} it wasn't a waste
[12:48] {BillyD} lol
[12:49] {BillyD} you can now enjoy weekend knowing you made a difference
[12:49] {Threei} lol
[12:50] {Threei} whew
[12:50] {Threei} that's a relief
[12:50] {BillyD} some of us just have thicker skulls than others
[12:50] {BillyD} you are a persistent pounder
[12:50] {BillyD} hehe
[12:51] {Threei} and I ewnjoy challenge
[12:51] {Threei} -w
[12:51] {BillyD} teaching this skill has to be at the top of challenges and patience
[12:52] {Threei} nah... you colect several pre-canned mesages, then spit them out as you see fit
[12:52] {BillyD} I see....detached observer approach
[12:53] {Threei} and if you picked wrong one for the topic diascussed, you persist and convince a listener that tyou still make sense, it's just he who doesn't see it
[12:53] {BillyD} lol
[12:53] {Threei} sometimes it helps to wake up during discussion
[12:53] {Threei} but it's not a requirement
[12:53] {BillyD} why not...they are lost anyway
[12:54] {Threei} sheesh... and all this goes into log and is availabe for reading by anyone
[12:54] {Threei} good thing noone reads those, lol
[12:54] {BillyD} I read some of them
[12:54] {Threei} I can see someone posting in a trading forum something like "trading coach confessions"
[12:55] {BillyD} lol
[12:55] {Threei} "snake oil revealed"
[12:55] {BillyD} yaeh...and this "Dave guy keeps getting trouted"
[12:56] {Threei} OK guys, obviously not the best week on memory
[12:56] {BillyD} forgetfulness ablessing
[12:56] {Threei} let's try to trade being awake next week
[12:56] {Threei} maybe it works
[12:56] {BillyD} cya and have a good one
[12:56] {Threei} have a good weekend, see you on Monday

Thursday, July 19, 2007

Trading Log July 19, 2007

Session Start: Thu Jul 19 00:00:00 2007

Session Time: Thu Jul 19 00:00:00 2007

[05:14] {DaveG} morning
[06:00] {Raven} Morning here also
[06:00] {Threei} and here
[06:00] {cosmo} still?
[06:00] {Raven} checking
[06:00] {Threei} R... remember we used to laugh about make-believe term "summer rally"?
[06:00] {Raven} oh yes
[06:01] {cosmo} i had one this morning, 3i
[06:01] {Raven} lol
[06:01] {Threei} sooner or later you'll see it all I guess, lol
[06:01] {Threei} lol cosmo
[06:01] {markweb} gm winners!
[06:01] {Raven} several times over actually
[06:01] {Threei} mark :)
[06:02] {Raven} hi mark
[06:02] {Threei} no kidding, I don't think I remember such determined move at the peak of of the summer
[06:03] {Raven} I'm too lazy to look but it has happened
[06:03] {cosmo} CLWR pre mkt high = 29.50
[06:04] {Threei} well, when I say I don't remember something, there re always two possible reasons
[06:04] {cosmo} JNPR pre mkt high = 29.30
[06:04] {BillyD} morning RT
[06:04] {Raven} BD :)
[06:04] {Threei} Billy :)
[06:08] {cosmo} AVCI
[06:09] {cosmo} ... needs to hold 10
[06:12] {Threei} SBEI gap
[06:14] {dino} gm all
[06:14] {Threei} dino :)
[06:14] {BillyD} dino :)
[06:14] {dino} gm 3i, billy
[06:18] {Raven} hi dino
[06:19] {dino} gm raven
[06:19] {dptl} good morning all
[06:20] {Threei} dp :)
[06:20] {BillyD} what stocks you focused on vad
[06:20] {DaveG} all of them
[06:20] {cosmo} avci usy
[06:20] {BillyD} lol
[06:20] {DaveG} :)
[06:20] {BillyD} morning dave
[06:20] {cosmo} busy
[06:21] {DaveG} morning billy
[06:21] {Raven} dp :)
[06:21] {BillyD} cosmo :)
[06:21] {BillyD} dp:)
[06:21] {cosmo} BD:)
[06:21] {Threei} before scanner starts spitting names, just usual suspects Billy
[06:21] {BillyD} ok
[06:21] {Threei} want to see how SBEI acts
[06:22] {Threei} this one can become a real runner if catches momo
[06:24] {esemde} good morning ladies and gentlemen....
[06:24] {Threei} ese :)
[06:25] {BillyD} ese:)
[06:25] {esemde} morning Vad...Billy...
[06:25] {cosmo} ladies and gentlemen....start your engines
[06:28] {cosmo} AVCI 10.77 high
[06:29] {esemde} FDRY up .59 had a stop loss on it yesterday at 17.00 but never hit it
[06:32] {Threei} in all-out break territory ese
[06:32] {Threei} good job
[06:32] {dino} wow clwr
[06:33] {esemde} this should go for a while
[06:35] {dino} l mer .95
[06:36] {Threei} NVDA .55 long, .39 stop
[06:37] {Threei} invalidated for now
[06:37] {BillyD} invalidated
[06:38] {cosmo} jnpr 30
[06:38] {BillyD} still in DRRX from yesterday....redefines turtle
[06:38] {dino} mer stopped -.25
[06:40] {Threei} sheesh JNPR
[06:40] {cosmo} gee...jumping jnpr
[06:40] {dino} mer rinse
[06:42] {BillyD} EMKR news
[06:42] {BillyD} ?
[06:43] {BillyD} tight range so far
[06:44] {Threei} CLWR big pullback
[06:45] {Threei} time for bounce it seems
[06:45] {Threei} small shares of course
[06:46] {Threei} finger on a trigger
[06:46] {dino} where, 29.50ish?
[06:46] {Threei} that would be nice
[06:46] {Threei} I guess dive under 31
[06:46] {dino} thats support imo
[06:47] {Threei} oh boy JNPR...
[06:48] {Threei} in CLWR
[06:49] {BillyD} good spot vad
[06:49] {dino} i was waiting too low
[06:49] {BillyD} I went at 30.91 and out 30.75 and .87 after drop....lucky
[06:50] {BillyD} too aggressive
[06:50] {dino} you animal
[06:51] {dino} whoa, just took a drink, thought it was coffee, but its tea
[06:51] {cosmo} discusting
[06:51] {Threei} JNPR
[07:01] {dino} and out at .70
[07:01] {BillyD} Vad...what you looking for in JNPR
[07:01] {dino} wicked
[07:01] {Threei} not sure honestly
[07:02] {Threei} looked ready to go back to high
[07:02] {BillyD} yes
[07:02] {Threei} now depends on what happens with this big offer
[07:02] {BillyD} buy it please
[07:03] {esemde} buy stop AVCI 11.51
[07:04] {esemde} filled .55
[07:05] {Threei} come on JNPR
[07:05] {BillyD} needs to take .75 now
[07:06] {Threei} cool beans
[07:07] {lklarson} gm all
[07:07] {Threei} lkl :)
[07:07] {Threei} RACK?
[07:07] {lklarson} nice:)
[07:09] {esemde} out AVCI .75 +.20
[07:09] {BillyD} stopped
[07:09] {lklarson} stopped jnpr
[07:10] {esemde} i'm looking at RACK
[07:15] {BillyD} SBEI moving but volume low earlier
[07:16] {Threei} SBEI is capable of surprizes
[07:18] {dino} alfa s .39
[07:23] {BillyD} AVCI won't quit
[07:24] {Threei} ALFA iwerdly immobile dino
[07:24] {dino} sm, risky, s clwr .99
[07:24] {Threei} it's not a buyout by any chance? :)
[07:24] {dino} yes alfa, takover bid is only 17.60
[07:24] {Threei} hmm
[07:25] {dino} things that make ya go hmmm
[07:25] {Threei} what business does it have to be trading at 18.40 then, lol
[07:25] {dino} exactly
[07:25] {Threei} is it cash offer?
[07:25] {dino} but, maybe somebody knows something i don't
[07:26] {dino} yes
[07:26] {BillyD} sometimes they think other offers/bidders will come in
[07:26] {Threei} wierd
[07:26] {Threei} that was my first thought billy,
[07:26] {BillyD} speculating
[07:26] {dino} announced yesterday, but now we are overthinking it, hard stop .61, let it trade
[07:26] {Threei} but in such case stock would be trading
[07:26] {BillyD} you mean moving
[07:27] {Threei} that too
[07:27] {Threei} there are not even trades really
[07:27] {Threei} 73K volume?
[07:27] {Threei} after yesterday's 2 mil
[07:27] {dino} fwiw i'm showing 110k
[07:28] {dino} potatoe, patato
[07:28] {BillyD} ty dino.....I agree with you
[07:28] {BillyD} I have noticed Genesis doesn't report all the volume
[07:28] {BillyD} have seen it side by side with other quotes
[07:29] {dino} hmmm, i use cyber, but they are wrong often too
[07:30] {BillyD} the Forbes article on ALFA offers insight
[07:31] {BillyD} my other shows 111K
[07:31] {BillyD} volume
[07:31] {dino} ok
[07:32] {esemde} AVCI...too bad we can't use the psychic thing....
[07:32] {Threei} so what forbes say billy?
[07:32] {Threei} don't waste your time or shirt the sucker?
[07:33] {Threei} short
[07:33] {dino} i must admit, you guys have put in more time than i on it
[07:33] {dino} clwr stopped -.41, 300
[07:34] {Threei} it keeps us from stupid trades dinom, we seem to be prone to them today
[07:34] {BillyD} basically.....investors think it warrants more more with analyst one year price tgt 19
[07:35] {dino} ty, s w/stop, thats where i'm at. will e out by eod
[07:35] {BillyD} a little more to it than that explanation
[07:35] {BillyD} would paste but on other PC
[07:35] {BillyD} on yahoo
[07:35] {Threei} ty
[07:36] {Threei} don't bother
[07:36] {Threei} dino is correct, it's not worth it :)
[07:37] {dino} gs to 210?
[07:38] {Threei} STLD
[07:39] {Threei} .60 long
[07:39] {BillyD} Vad.....on those Tech/tank float stocks.....how do you think you fare overall on them in win ratio %
[07:39] {Threei} gosh... I never tried to calculate that
[07:39] {BillyD} I don't seem to find a whole lot of success overall with them
[07:40] *** Disconnected
[07:54] {dino} the gut doesn't lie
[08:00] {BillyD} back
[08:01] {dptl} what was that
[08:01] {BillyD} not sure
[08:03] {esemde} am back,,,hmmm...computor shut down on me
[08:05] {Threei} server dump?
[08:05] {Threei} watching KLAC
[08:05] {BillyD} seems so
[08:05] {Threei} looks getting frenzied again
[08:06] {dino} got booted
[08:08] {Threei} KLAC is long with NQ move
[08:09] {Threei} no trigger on its own, watch NQ for a spike
[08:09] {Threei} to get KLAC on slight lag
[08:10] {esemde} No don't think so Vad....
[08:10] {dptl} got to leave......see ya all tomorrow
[08:10] {Threei} ?
[08:10] {Threei} take care dp
[08:10] {BillyD} bye dp
[08:12] {Threei} ese?
[08:13] {esemde} hi Vad
[08:14] {dino} aeti
[08:24] {dino} back, s avct.68, cov. 27
[08:25] {Threei} what the...
[08:25] {esemde} hi all back with you again,,,bizzare morning
[08:25] {Threei} no kidding
[08:25] {BillyD} Vad..you take KLAC on spike
[08:26] {Threei} no
[08:26] {BillyD} I did and just stopped
[08:31] {DaveG} .
[08:33] {dino} l cat .00
[08:38] {Threei} HOKU
[08:49] {dino} nvda l .50
[08:49] {Threei} what a swamp
[08:49] {BillyD} ty
[08:49] {Threei} I guess more active than usual firast half of summer got us spoiled
[08:50] {BillyD} someone turned out lights fast
[08:50] {BillyD} maybe just focus on stock specific for a while
[08:51] {Threei} need fresh crop of momo movers
[08:51] {BillyD} yup
[08:51] {Threei} previous one is out of gas
[08:51] {Threei} HOKU, LOCM, DNDN
[08:51] {Threei} all tired
[08:52] {DaveG} they are on vacation, they called to say that
[08:54] {Threei} TASR
[08:58] {dino} rdnt
[09:02] {Threei} does TASR have feeling of pre-frenzy?
[09:02] {BillyD} yes......but stock personality on B/O is factor for me
[09:03] {BillyD} but if hold s .80
[09:04] {BillyD} make sense vad
[09:06] {BillyD} we here
[09:09] {Threei} yes
[09:20] {BillyD} TASR is consolidating nicely so far
[09:22] {Threei} it has this feel of possible rally
[09:22] {BillyD} 17.25 resistance from week or so ago
[09:23] {BillyD} in 17
[09:26] {dino} wgov strong
[09:27] {Threei} feels right Billy
[09:27] {BillyD} you in
[09:27] {Threei} hard to twell if it's time for it or still preparations
[09:27] {Threei} yes
[09:29] {DaveG} .
[09:31] {dino} cbst s .84, stop .01
[09:31] {Threei} in SBEI half lot for a bounce scalp
[09:36] {Threei} debating betwen taking scalp and holding with .95 stop TASR
[09:36] {BillyD} out 1/4 TASR .13
[09:36] {BillyD} lol
[09:36] {Threei} TASR makes it easier for me... out half
[09:37] {BillyD} out 1/4 more here
[09:38] {dino} gj
[09:38] {esemde} mdco missed it but ....sure is moving
[09:38] {BillyD} out 1/4 more
[09:40] {BillyD} out full
[09:40] {Threei} traitor
[09:40] {BillyD} no chicken
[09:40] {Threei} mama mia MDCO
[09:40] {BillyD} just needed to book some profit for morale sake today
[09:40] {esemde} what is causing that!!!
[09:40] {esemde} news anyone
[09:41] {esemde} coming down just as hard
[09:42] {DaveG} sure is
[09:42] {Threei} offering TASR at .45
[09:42] {BillyD} gj
[09:43] {Threei} out .42
[09:44] {lklarson} out tasr +.39
[09:45] {Threei} wtg lkl
[09:45] {Threei} brightens the day
[09:45] {BillyD} nice
[09:45] {esemde} MDCO sure caught some poor buggar up there....down a buck from the high
[09:46] {lklarson} yes, thx
[09:46] {esemde} heading back up ...what a yo yo
[09:53] {BillyD} TASR trying to set up again
[09:53] {esemde} would there have been anyway to play MDCO Vad?
[09:54] {dino} cbst bstop to .67
[09:55] {dino} cov cbst .66, +.18
[09:57] {markweb} Dino, P.M Time:)
[09:59] {dino} indeed, :)
[10:00] {Threei} not sure ese... too crazy
[10:00] {Threei} was watching it to get a feel for 18.50 break when you first mentioned it,
[10:00] {Threei} then it just took off without warning
[10:04] {Threei} CSPI, another crazy one
[10:06] {BillyD} man...took TASR again at .51 and got hit
[10:06] {BillyD} tried to revenge trade it for not holding for more earlier
[10:08] {esemde} 9.95 by 10.20 spread.....thats crazy for sure
[10:08] {esemde} CPSI...
[10:11] {lklarson} out nvda +.25 thx dino
[10:12] {dino} lkl gj
[10:13] {dino} nvda stop to .70
[10:13] {dino} alfa bstop to .40
[10:13] {dino} not moving, lol
[10:14] {BillyD} lol
[10:14] {dino} out nvda .72, +.22
[10:24] {dino} feels like a rally coming
[10:28] {dino} alfa stopped
[10:28] {Threei} chaeron says high to everyone
[10:28] {Threei} his computer is fried
[10:28] {DaveG} hi ch!
[10:28] {Threei} he asked to say hello to raven and to slap davwe
[10:28] {DaveG} lol
[10:29] {Threei} soooo....
[10:29] {BillyD} lol
[10:29] * Threei slaps DaveG around a bit with a large trout
[10:29] {Threei} gosh, you didn't even try to duck
[10:29] {Threei} and I gave fair warning'
[10:29] {DaveG} :)
[10:30] {Raven} hiya Chaeron
[10:34] {Threei} move your butt SBEI
[10:46] {DaveG} [12:23] {dino} feels like a rally coming
[10:47] {DaveG} rock on dino
[10:48] {dino} :)
[10:51] {dino} out cat .25, +.25
[10:51] {dino} gotta hop for 30 mins., back around 2:30
[10:52] {Threei} DYII again or what
[10:56] {Threei} AKAM half lot .61 long
[10:56] {Threei} .40 support
[11:05] {BillyD} is DYII building
[11:06] {BillyD} for 9.40 break
[11:06] {BillyD} so risky
[11:06] {Threei} sure feels so
[11:07] {dino} back
[11:08] {dino} avct s .25
[11:10] {BillyD} with ya dino for scalp
[11:11] {dino} :)
[11:13] {Threei} DYII is totally capable of causing heart attack eh?
[11:14] {BillyD} absolutely
[11:14] {BillyD} watching MDCO
[11:16] {dino} supg s break of .50
[11:16] {BillyD} in MDCO small .09/.10
[11:22] {dino} morn
[11:24] {BillyD} out 1/2 mdco +.16 and rest ++.25
[11:25] {Threei} nice one
[11:25] {BillyD} thx
[11:25] {BillyD} TASR
[11:26] {dino} gj
[11:26] {BillyD} where's your stop avct .44 or .50 area
[11:27] {BillyD} if it gets some buying I might cover
[11:28] {dino} .51
[11:30] {_trader100} nice call Billy out MDCO +.34
[11:30] {BillyD} wtg
[11:30] {Threei} wtg t100
[11:31] {_trader100} thanx
[11:31] {dino} wtg
[11:31] {_trader100} thx
[11:37] * BillyD has kleenex out on MDCO
[11:44] {BillyD} TASR proves it can still shake folks
[11:46] {Threei} it made a big move
[11:46] {Threei} needs rest
[11:46] {Threei} most likely not done overall
[11:46] {Threei} but is for today
[11:46] {BillyD} it's in a nice recovery trend
[11:46] {BillyD} agree
[11:47] {BillyD} unless it hits 18 and I will leave you standing alone with your stetement....lol
[11:47] {Threei} stunned
[11:47] {BillyD} sorry vad...I haven't behaved this way until last 2 days
[11:48] {BillyD} hm
[11:48] {Threei} I wonder whose bad influence it is
[11:48] {BillyD} dunno for sure but have theories
[11:49] {BillyD} surprised RACK hasn't gone all day
[11:49] {esemde} I see what you mean about no follow throught Vad...other than MDCO i must be lookin at the wrong stuff today
[11:50] {Threei} yeah
[11:50] {Threei} bounces mostly work better than breaks
[11:52] {esemde} even FDRY no follow through...will probably exit at end of day
[11:55] {BillyD} dino...yopu still in CAT
[11:56] {DaveG} not mine vad
[11:56] {Threei} I'll need some proof
[11:57] {DaveG} hmmm
[11:58] {DaveG} well, Raven hasn't given me a "{}" today
[11:59] {Threei} he just has permanent {} for you
[11:59] {DaveG} sigh
[12:00] {BillyD} new box of kleenex for MDCO
[12:01] {Threei} jeez
[12:02] {Threei} dino is eyeing it for short as we speak I bet
[12:05] {esemde} OK i'm done for the day...just missed this one too OXPS
[12:05] {BillyD} out AVCT _.08
[12:05] {dino} strange days ese, don't get too down
[12:05] {esemde} see ya'll tomorrow
[12:05] {Threei} take care ese
[12:07] {dino} mdco, hmm, whats up w/it
[12:08] {Raven} back ...... {}{}{}
[12:09] {DaveG} wb Raven Sir
[12:09] {Raven} thank you my son
[12:09] {DaveG} :)
[12:10] {BillyD} Raven...I have a game that involves using your mouse to guide through a maze....it's pretty tough....will you give it a try if I give the link
[12:10] {Raven} I might but I have to get a damn haircut in a minute
[12:11] {DaveG} that's good Raven
[12:11] {dino} break of .00 on mdco, imo drop
[12:11] {Raven} $20 is not good Dave
[12:11] {BillyD} here it is
[12:11] {BillyD} http://i.euniverse.com/funpages/cms_content/6489/a-maze-ing_new_cursor3.swf
[12:11] {DaveG} yeah it is, it means you still have hair
[12:11] {Raven} OK, I'll try it when I return
[12:12] {BillyD} bookmark it for later and have your volume up on speakers...it is pretty cool
[12:12] {BillyD} let me know
[12:12] {Raven} oh ... well then it is good ... I have way too much of the stuff
[12:12] {DaveG} :)
[12:12] {Raven} OK BD ... will do
[12:12] {BillyD} ok
[12:14] {dino} cov mdco .50, +.50
[12:14] {BillyD} wtg dino
[12:14] {DaveG} nice one dino
[12:14] {dino} ty
[12:17] {dino} darn mdco
[12:20] {Threei} [15:02] {Threei} dino is eyeing it for short as we speak I bet
[12:20] {Threei} :)
[12:23] {Threei} not often you see MSFT that perky
[12:23] {Threei} CIEN too
[12:25] {Threei} what's with QCOM
[12:25] {Threei} bounce time soon
[12:26] {Threei} one more leg down
[12:27] {Threei} half lot under .50
[12:27] {Threei} in
[12:27] {Threei} .35 stop
[12:27] {Threei} wow, not yet
[12:28] {dino} ssupg s .50, stop hod
[12:28] {Threei} second try
[12:28] {BillyD} just got .24 Vad small shares
[12:29] {BillyD} scary
[12:29] {Threei} yeah... news on it or what?
[12:29] {BillyD} no idea
[12:32] {Threei} out .75
[12:32] {Threei} -.14 first entry, +.24 second... wash
[12:33] {BillyD} nervy one
[12:33] {dino} qcom, broadcom/verizon chip license deal
[12:33] {dino} over the banned itc qcom chip
[12:37] {dino} took all day but over target, need to back off mornings more
[12:37] {BillyD} small loss here....morning trades started in the hole
[12:38] {dino} yeah, same here was 50/50 in am, 5/6 pm.
[12:38] {dino} supg bstop to b/e
[12:38] {dino} avct to .36
[12:39] {_trader100} b/e?
[12:39] {Threei} breakeven
[12:39] {dino} glw, going to hold.
[12:39] {_trader100} ty
[12:39] {dino} yes, i speak in tongues
[12:40] {dino} supg to .44
[12:41] {_trader100} ty
[12:41] {dino} avct bstop to b/e
[12:42] {BillyD} good one...that was the spike I wanted earlier
[12:42] {dino} easy button trade
[12:43] {dino} supg stopped +.06 whoo hoo
[12:44] {dino} avct bstop to .21, lock in case of brew
[12:50] {dino} avct stopped .22, slippage
[12:52] {dino} thats it for me this week. son in baseball all-star game down by philly, heading out tomorrow morning
[12:52] {DaveG} take care
[12:54] {dino} ty dave
[12:54] {BillyD} gl dino
[12:57] {Threei} OK guys, thank you all
[12:57] {Threei} have a good evening, see you tomorrow
[12:57] {BillyD} cya...thx
[12:57] {_trader100} ty

Wednesday, July 18, 2007

Realitytrader Trading Log - July 18, 2007

Session Start: Wed Jul 18 00:00:00 2007

Session Time: Wed Jul 18 00:00:00 2007

[05:10] {DaveG} morning
[05:10] {BillyD} morning dave
[05:53] {cosmo} i c nothing
[05:53] {cosmo} ITWO misses est.
[05:54] {cosmo} possible recovery.... who knows
[05:55] {cosmo} INTC needs to hold 25 ... i think
[05:57] {markweb} gm winners!
[06:00] {Threei} Good morning guys
[06:00] {Threei} Laser OK for you?
[06:00] {markweb} :)
[06:00] {Threei} mark :)
[06:02] {Raven} Morning all
[06:02] {Threei} R :)
[06:02] {BillyD} no Vad
[06:02] {BillyD} morning
[06:02] {DaveG} morning Raven and Vad
[06:02] {Threei} ty Billy
[06:02] {Threei} hey dave
[06:03] {Raven} 3i , Dave , BD :)
[06:03] {BillyD} Raven :)
[06:03] {Threei} OK, connecting now
[06:03] {Threei} wow, I don't think I've ever seen this
[06:03] {BillyD} yeah, never this long
[06:08] {dino} gm all
[06:10] {lklarson} gm all
[06:10] {Raven} dino and lkl :)
[06:12] {dptl} good morning all
[06:12] {Raven} dp :)
[06:13] {Threei} dino, lkl, dp :)
[06:15] {Threei} dptl, dcc please
[06:22] {cosmo} INTC gonna test
[06:23] {cosmo} lod
[06:26] {Threei} was there any CTDC news around close yesterday?
[06:26] {Threei} printed some low trades
[06:26] {Threei} 4.30 or so
[06:27] {BillyD} last news I see 7/9
[06:27] {BillyD} yahoo
[06:27] {Threei} ty
[06:27] {Threei} maybe fluke
[06:27] {Threei} daily looks interesting for possible reversal
[06:28] {Threei} I think candlestick people call this hammer
[06:28] {Threei} People of Candlesticks
[06:32] {Threei} KLAC half lot long
[06:32] {Threei} aww
[06:32] {Threei} don't chase
[06:32] {Threei} .15 break was trigger, jumped too fast
[06:34] {BillyD} in lrcx 58.03
[06:34] {Threei} ADBE half lot long .60 if stays above .45
[06:34] {BillyD} .04
[06:36] {Roman} LOCM
[06:36] {BillyD} out -.04
[06:37] {Threei} KLAC good for bounce, small shares on break of .10
[06:37] {Threei} if holding 61
[06:37] {Threei} ADBE trigger
[06:38] {Threei} KLAC stop right under 61
[06:38] {Threei} ADBE stop under .50
[06:38] {lklarson} out klac 1:1 thx boss
[06:39] {Threei} welcome
[06:39] {Threei} if ADBE can tag .75 should stage another jump
[06:40] {Threei} BIOS?
[06:41] {Threei} good boy ADBE
[06:42] {lklarson} out half adbe
[06:42] {Threei} in the zone this morning lkl
[06:42] {lklarson} :)
[06:42] {Threei} ADBE 1:2 and not done yet probably... protect profits though
[06:43] {Threei} JCOM
[06:43] {DaveG} out DRYS +.70, please pass the diapers
[06:44] {Threei} .82 half lot long if holding above .70
[06:46] {Threei} .64 stop for the ADBE balance
[06:47] {Roman} SOFO interesting
[06:47] {Roman} long ASTI small
[06:47] {Roman} 9.10
[06:49] {Threei} done with ADBE
[06:50] {lklarson} yes, out rest adbe
[06:51] {Threei} no worky JCOM
[06:51] {lklarson} stopped JCOM
[06:51] {BillyD} same here
[06:51] {Threei} ADBE tempting for bounce scalp
[06:52] {Threei} not sure of entry yet
[06:53] {Roman} watching GOAM today
[06:53] {Roman} for continuation over $7
[06:53] {Threei} I am sure if I call XMSR I will get stoned, so I won't
[06:54] {Threei} magoo is not here anyway, no chain-pulling fun
[06:54] {BillyD} lol
[06:54] {Threei} where is the slacker btw?
[06:54] {cosmo} stoned on what?
[06:54] {DaveG} better have a note
[06:55] {esemde} No I'm here....got up late
[06:55] {Threei} lol
[06:55] {DaveG} we were not refering to you ese :)
[06:56] {esemde} summer holidays....no discipline...what can i say
[06:56] {Threei} a lot of people respond to word slacker dave
[06:56] {BillyD} not seeing much in bounces so far
[06:56] {Threei} makes you think, eh?
[06:56] {DaveG} ic
[06:56] {DaveG} yeah
[06:56] {Threei} here is another one
[06:57] * Threei slaps LaserDave around a bit with a large trout
[06:57] {LaserDave} i am not here still sleeping
[06:58] {Threei} ARTG
[06:58] {Threei} what's up?
[06:58] {Threei} nice daily
[06:58] {Threei} very slow and narrow though
[06:58] {Roman} DYII
[06:58] {LaserDave} hopefully my trading account
[06:58] {Roman} ATG Launches Advanced Searchandising Capability to Deliver More Relevant Search Results for Online Shoppers
[06:58] {Roman} Tuesday July 17, 8:04 am ET
[06:58] {cosmo} INTC 25.25 resistance
[06:58] {cosmo} fwiw
[07:00] {markweb} Roman you in GOAM?
[07:00] {Roman} mark, not yet
[07:00] {markweb} thx
[07:01] {markweb} TASR?
[07:02] {Roman} Bernanke sees U.S Economy 'strengthening a bit in 2008'
[07:02] {Roman} BERNANKE-WITH RESOURCE USE HIGH,SUSTAINED INFLATION EASE NOT YET SEEN, INFLATION KEY POLICY CONCERN
[07:02] {Threei} 16.16 long trigger mark
[07:02] {markweb} thx
[07:02] {Threei} stop under 16
[07:03] {BillyD} didn't see one print TASR
[07:03] {BillyD} when bid first jumped...you Vad
[07:03] {Threei} same
[07:05] {BillyD} Laserdave see dcc when a minute
[07:10] {markweb} TASR stopped,sad,sad :(
[07:12] {Threei} I don't mean to be mean... but if you are going to cry over each 16 cenbts stop, you will need a lot of kleenex
[07:12] {cosmo} and xanax
[07:12] {BillyD} diapers
[07:12] {Threei} ah who am I kidding... I do mean to be mean
[07:12] {markweb} I have them.
[07:12] {BillyD} lol mark
[07:13] {BillyD} XMSR
[07:13] {BillyD} sorry Vad your stock
[07:13] {BillyD} but looks strong
[07:15] {Threei} ummm
[07:15] {Threei} if magoo was here, he would have slapped you instead of me
[07:16] {Threei} KLAC... watching for short on .60 breakdown
[07:16] {Threei} this bounce will show stop level
[07:16] {BillyD} sounds good
[07:16] {Threei} dino... could you please tell magoo today it's BillyD who deserves to be trouted, not me?
[07:17] * BillyD slaps BillyD around a bit with a large trout
[07:18] {BillyD} ok feel better
[07:19] {Threei} stop .75
[07:19] {esemde} Roman CHCG...opinions
[07:19] {esemde} am looking at 1min chart
[07:19] {esemde} too late
[07:19] {Roman} sorry
[07:19] {Roman} i haven't been following this one
[07:20] {Roman} so needed some extra time
[07:20] {esemde} no problem i should have said something sooner
[07:20] {Threei} all 17 seconds?
[07:20] {esemde} whoooa....
[07:20] {Roman} could still go higher but high its OTC
[07:20] {Roman} CHDX looks decent
[07:20] {Roman} SBEI
[07:21] {Roman} small bounce
[07:21] {lklarson} stopped klac
[07:21] {Threei} yeah, NQ jumped
[07:22] {Roman} i am out ASTI for now +.07
[07:27] {esemde} dyii another leg up
[07:28] {Roman} CARN playing a bit
[07:28] {Threei} incredible DYII eh?
[07:30] {Roman} observing HSOA today
[07:30] {BillyD} yeah, I took ESMC off 7 earlier and only to .20...think it would have more
[07:31] {Roman} in HSOA small
[07:31] {Roman} 5.11
[07:31] {Roman} PAAS & SSRI interesting
[07:33] {Roman} metals strong on Bernenke speach
[07:33] {Roman} looking to enter GOLD RGLD
[07:34] {Roman} STLD
[07:34] {Roman} long small 48
[07:34] {Threei} DYII goes for new records
[07:35] {Roman} new loosing a bit
[07:38] {Roman} long PAAS
[07:39] {Roman} 29.94 1/3 size
[07:39] {BillyD} VAd...you get XMSR...I missed
[07:40] {Threei} no
[07:41] {Threei} magoo's ghosat kept me from entering
[07:41] {BillyD} lol
[07:41] {Threei} thing was so heavy and indifferent yesterday
[07:42] {BillyD} yes...it was the .88 break got folks enthused it seems
[07:46] {BillyD} now KLAC breaks
[07:47] {Threei} just moves with NQ today
[07:47] {Threei} lost its own momentum
[07:47] {BillyD} overnight
[07:48] {Threei} well, that is what it usually does, yesterday was rather exception
[07:48] {BillyD} I'm not too experienced with those kind
[07:48] {BillyD} hi tech thick
[07:50] {cosmo} itwo
[07:50] {Roman} out STLD -.15 small size
[07:50] {Threei} was so tempted by NVDA short and refrained because of KLAC failure... grr
[07:55] {Threei} hmmm
[07:55] {Threei} no bounce with NQ on NVDA
[07:56] {Roman} out HSOA -.11
[07:56] {Threei} .78 short trigger if stays below .90
[08:00] {Threei} OSTK?
[08:00] {BillyD} win a ruling of some sort
[08:01] {BillyD} legal
[08:01] {Roman} OSTK Overstock.com: Following recent news, stock pops higher as it takes out its 52-wk high near the ~20.00 level (20.39 +0.72) -Update- -Technical-
[08:01] {Threei} if I remember correct, this is the company that sued brokerages for selling their shares short
[08:02] {BillyD} I think that is what ruling is about in their favor
[08:02] {Threei} wow
[08:02] {BillyD} not sure of details
[08:03] {Threei} small shares long over 21
[08:05] {Roman} in GOLD
[08:06] {Roman} LNUX spike
[08:12] {Roman} out 1/2 PAAS +.24
[08:14] {Threei} oh boy
[08:14] {Threei} from spam e-mail I just got:
[08:15] {Threei} Dear Investor,
[08:15] {Threei} If you’re tired of stop losses, learn how to adjust trades to turn losers into winners!
[08:15] {Threei} Let’s face it – even after conducting the most thorough analysis, sometimes your stock picks move in the wrong direction. Unfortunately most investors only know how to use stop losses or other “loss minimizing” strategies when that happens. But what if there were a way to “adjust” your trades to actually turn those losing stock picks into winners?…
[08:15] {Threei} can you say recipe for ultimate disaster?
[08:16] {esemde} I got the same email...
[08:19] {BillyD} adjust means "get out"
[08:20] {Threei} another variation of average down idea
[08:21] {Threei} sure way to get killed
[08:21] {Threei} dino, look dcc please
[08:22] {dino} ok
[08:23] {dino} ok back to the trading business
[08:24] {Threei} OSTK remains valid as long as it stays above .50
[08:24] {Threei} if you are into aggressive entries, may just as well
[08:25] {Threei} just keep it small
[08:25] {Threei} SBEI
[08:26] {dino} alfa and aeti catching my eye
[08:26] {dino} s alfa hl .54
[08:27] {dino} bstop is hod
[08:28] {Threei} feel free to take profit on OSTK as you see fit, there is no reliable read on it
[08:28] {dino} nice ostk call
[08:28] {Threei} 22 is possible just as 20
[08:28] {Threei} 22 is somewhat more probable though :)
[08:30] {BillyD} got `100 .11
[08:31] {Threei} OK, here we go
[08:31] {Threei} shorts get crushed
[08:31] {BillyD} out +.55
[08:31] {Threei} by court ruling, lol
[08:31] {Threei} court gave you 55 cents Billy - ain't justice grand
[08:32] {BillyD} yes Vad
[08:32] {BillyD} was waiting at .85 for PB buy but no hit
[08:33] {Threei} well, you know she is blind
[08:33] {Threei} so, hard to count on precise executions
[08:33] {Threei} ummm... blindfolded rather
[08:33] {BillyD} yes....reasonable guesses
[08:34] {BillyD} and better err to the conservative (cheap) side with these
[08:48] {Threei} OST is valid as long as stays above 21
[08:48] {Threei} OSTK
[08:49] {Threei} if you are OK with stop size and want this trade, better go for aggressive entry
[08:52] {BillyD} new setup?
[08:53] {Threei} I don't like going off traditional setup on this one
[08:53] {Threei} trigger is way too far
[08:53] {BillyD} ok...just trend/momo play
[08:53] {Threei} kind of, yes
[08:54] {dino} alfa bstop to b/e
[09:04] {Threei} NQ feels like preparing for sizeable bounce
[09:04] {Threei} hard to tell from here or after dive under 40
[09:05] {Threei} watching NVDA for long if that matwerializes
[09:05] {Threei} 2042 NQ is likely trigger for long
[09:06] {BillyD} break of .11
[09:06] {BillyD} NVDA
[09:06] {Threei} stop would be .95
[09:07] {BillyD} did NQ breal 2042
[09:07] {DaveG} not yet
[09:07] {BillyD} break
[09:07] {Threei} no
[09:07] {BillyD} ok
[09:08] {BillyD} NDX mirrors NQ right?
[09:08] {Threei} yes
[09:09] {DaveG} nq failed i think vad
[09:10] {Threei} ?
[09:10] {Threei} [12:04] {Threei} NQ feels like preparing for sizeable bounce
[09:10] {Threei} [12:04] {Threei} hard to tell from here or after dive under 40
[09:10] {Threei} [12:05] {Threei} 2042 NQ is likely trigger for long
[09:11] {Threei} in
[09:12] {Threei} .95 stop
[09:12] {BillyD} NDX slight lag
[09:12] {BillyD} missed
[09:16] {Threei} torment of waiting for a trade to resolve, lol
[09:16] {BillyD} virtue
[09:19] {Threei} perfect opportunity for NQ to post double bottom
[09:19] {Threei} wherther it uses it is another matter
[09:20] {Threei} wow, news or what
[09:20] {Threei} nasty downticks
[09:20] {dptl} hmmm......taking a break.....getting stoped on every trade..
[09:22] {dino} partial fill isph s .04
[09:22] {Threei} out
[09:22] {BillyD} tough day so far....wheels spinning
[09:23] {Threei} yup
[09:23] {Threei} breakeven so far
[09:23] {dino} that was me yesterday w/stops
[09:32] {DaveG} CELG
[09:38] {dino} phrm
[09:42] {dino} alfa bstop to .36
[09:45] {DaveG} well, celg looked good at the time :)
[09:45] {DaveG} sigh
[09:48] {dino} lol
[09:49] {dino} l cat .00
[09:55] {Threei} I'll be darned if I see any single trade at the moment
[09:55] {Threei} shoould have stopped trading after first two trades, lol
[09:56] {Threei} free in 15 minutes and profitable
[09:56] {dino} cov alfa .30, +.24
[10:00] {dino} out cat .44, +.44
[10:00] {BillyD} nice dino
[10:00] {dino} too soon
[10:00] {dino} ty
[10:01] {DaveG} wtg
[10:01] {dino} gs sm. l .75
[10:05] {dino} stopped gs -.40
[10:06] {dino} oh well
[10:07] {dino} wrsp
[10:09] {Roman} out GOLD +.32
[10:10] {dino} nice
[10:14] {Threei} XMSR is truly surprizing today
[10:14] {BillyD} so opposite of yesterday
[10:14] {BillyD} and mkt
[10:16] {dino} sgms
[10:17] {BillyD} DRRX has a nice chart
[10:20] {BillyD} in .53
[10:21] {dino} cbey
[10:25] {Threei} DYII is trying again
[10:25] {BillyD} yup...just watching
[10:27] {BillyD} tough call on it
[10:36] {markweb} Roman, are u in PAAS?
[10:36] {Roman} yes
[10:36] {markweb} from?
[10:36] {Roman} 29.95
[10:36] {markweb} k
[10:38] {dino} gs now
[10:39] {Threei} well, for adventurous souls DYII is very risky long above 9
[10:40] {BillyD} in 9.02
[10:41] * Threei puts BillyD's name in a list of adventurous souls
[10:42] {BillyD} leave blank before soul for now
[10:42] {BillyD} lol
[10:42] {Threei} lol
[10:42] {Threei} if it takes that ARCA offer, you have a shot at big runner
[10:42] {BillyD} stop below .70 Vad
[10:43] {Threei} yes
[10:43] {dino} out gs from .00, at .40
[10:44] {dino} gcom fast fall
[10:45] {dino} sheesh, there goes gs
[10:46] {Threei} run little DYII run
[10:46] {dino} bbei closes on hod
[10:47] {dptl} boy...almost flat for the day thnx ppdi
[10:47] {Threei} 1:1 is reached
[10:48] {Threei} good to see fighter spirit dp
[10:48] {dino} ppdi
[10:48] {BillyD} out 1/2
[10:48] {Threei} be careful now, don't give it back by overdoing it in struggling to get more
[10:49] {dptl} no no ......it hard two days for me for some reason
[10:49] * Threei puts dptl's name in a list of fighters
[10:49] {BillyD} out rest
[10:50] {Threei} I am a categorizing fool today
[10:50] {Threei} good job Billy, wtg
[10:50] {Threei} brave yet humble
[10:50] {BillyD} thx
[10:50] {BillyD} have to be today
[10:50] {Threei} I like the combination
[10:50] {dptl} should of stay with ppdi a bit longer
[10:51] {Threei} uhhu, and get caught into this drop?
[10:51] {Threei} don't trade in hindsight :)
[10:52] {dptl} i was long from34.26
[10:52] {dptl} grabed .20c
[10:52] {BillyD} days like today....one finds himself teetering the line of imposing own will in mkt
[10:53] {BillyD} and it doesn't work
[10:53] * Threei is retiring, BillyD nailed it so precisely, my purpose in life is no more
[10:53] {dptl} lol
[10:53] {dino} goodbye
[10:54] {BillyD} lol
[10:54] {Threei} seriously, this is absolutely true
[10:54] {BillyD} I sense it within myself
[10:54] {BillyD} backing off
[10:54] {Threei} market is so shaky and gives so little indication of what it wants to do,
[10:55] {dino} lord vader, er i mean billy
[10:55] {Threei} you lose the sense of what market tells you vs your own wishful thinking
[10:55] {Threei} yes dino
[10:55] {Threei} title is being passed
[10:55] {BillyD} you guys killing me
[10:56] {BillyD} now it is application of these things
[10:56] {Threei} well, price of saying right things is being assigned a role of leader
[10:56] {BillyD} I am just repeating your words in a different combination
[10:56] {Threei} sigh
[10:57] {BillyD} sorry...you can't leave
[10:57] {Threei} is there any hope for retirement for me
[10:57] {Threei} btw,
[10:57] {Threei} in order to make it sound right, you simply need to put my words in correct order, since I rarely do that :)
[10:58] {DaveG} sure ya do
[10:59] {Threei} well, I really wanted to say "rarely do I that since"
[10:59] {BillyD} now I understand
[10:59] {Threei} lol
[10:59] {BillyD} was scratching head
[11:00] {Threei} jokes aside, you often can recognize native russian-speaker by the order of words
[11:00] {dino} yadda
[11:00] {Threei} in russian it carries less meaning
[11:00] {Threei} intonation plays bigger role
[11:01] {Threei} so when we start speaking english we tend to form sentences without much regard for the order of words
[11:01] {Threei} mark, dptl and maybe ben affleck will confirm
[11:01] {markweb} y
[11:01] {dptl} :)
[11:02] {dino} tchc
[11:02] {Threei} and the worst thing is A and THE
[11:02] {Threei} I'll die not really knowing which is when
[11:03] {BillyD} and "EH"
[11:03] {DaveG} which is which, when is when
[11:03] {Threei} eh is easy
[11:03] {BillyD} yeah...well who's on first
[11:04] {BillyD} will ghe get it dave
[11:04] {DaveG} not likely
[11:05] {Threei} what are thee talking about
[11:05] {BillyD} Vad....Abbot & Costello
[11:05] {dino} who's on first
[11:06] {Threei} sorry, cultural references get lost on me
[11:06] {BillyD} ok
[11:06] {Threei} unless they are from married with Children
[11:06] {DaveG} lol
[11:06] {Threei} :)
[11:06] {BillyD} two comedians stand up routine
[11:06] {BillyD} Vad's Christmas present
[11:07] {Threei} lol
[11:07] {DaveG} that's not a bad idea
[11:07] {BillyD} Vad...you know baseball
[11:08] {Threei} no
[11:08] {BillyD} Dave...we'll have to get him two gifts
[11:08] {Threei} practically not know in Russia
[11:08] {Threei} neither is golf
[11:08] {BillyD} one for baseball and comedy
[11:08] {DaveG} yup
[11:09] {Threei} aw, skip baseball... I am too old for that crap :)
[11:09] {DaveG} http://www.amazon.com/exec/obidos/search-handle-url/index=blended&field-keywords=idiots%20guide%20to%20baseball&results-process=default&dispatch=search/ref=pd_sl_aw_tops-1_blended_15105184_2&results-process=default
[11:09] {dino} hmmm, as dino thinks that him son is an all-star for 9 year old team going to philly on friday
[11:09] {BillyD} they have senior leagues
[11:11] {BillyD} ROFL Dave
[11:11] {DaveG} :)
[11:13] {dino} lufk s hl .70
[11:17] {esemde} Have a question for you Vad....Do follow stocks from the previous day..and if so..what criteria do you have for checking them out the following day.
[11:17] {Threei} often, yes,
[11:17] {Threei} most often after some unusual move, like in DYII case,
[11:18] {Threei} also,
[11:18] {Threei} when a stock looks on a verge of break
[11:18] {Threei} yet it doesn't come on a first day,
[11:18] {esemde} on a daily chart
[11:18] {Threei} so consolidation takes a bit longer but it still closes near break level
[11:18] {Threei} like frikkin XMSR, lol
[11:19] {esemde} intraday chart then?
[11:19] {BillyD} lol....proof of anything can happen
[11:19] {Threei} both intraday and daily
[11:19] {esemde} ok tks..
[11:19] {BillyD} exactly the opposite way you would think to happen
[11:19] {Threei} but keep in mind that in order to do that one has to remember the symbol... which is often not the case with me
[11:20] {esemde} like write it down.....
[11:20] {BillyD} WOOOOOHOOOOOOOOOOO
[11:20] {esemde} Ok slap me
[11:20] {esemde} bad ass remark
[11:20] {BillyD} no...that was for Vad
[11:20] {Threei} why, many mistakenly think I can write
[11:20] {Threei} or read
[11:20] {DaveG} lol
[11:20] {BillyD} the answer always right in front og him
[11:22] {Threei} it works best when we have nice trending market where continuation is a normal thing ese
[11:22] {Threei} less so in the swamp we are in now
[11:22] {Threei} overall, market in a rally mode
[11:22] {Threei} but summer takes its toll
[11:22] {esemde} tks...
[11:23] {Threei} lookin at NQ and trying to summarize my feel, I'd say rally is here to continue
[11:23] {Threei} we are having hiccup today
[11:23] {Threei} rather normal pullback after strong move
[11:23] {esemde} sorry bout the wise crack remark....it was a good set up line...couldn't resist
[11:24] {Threei} volume is bit stronher than what I would like to see on a red day
[11:24] {Threei} no, not a problem at all
[11:24] {Threei} in fact I would be worried if there was no such remarks
[11:24] {Threei} then I would be hesitant to make them myself
[11:24] {esemde} good....
[11:24] {Threei} and that I couldn't live with
[11:25] {DaveG} no worries, you can always count on us
[11:25] {Threei} someone could actually assume I was a warm and fuzzy and nice
[11:25] {DaveG} warm and fuzzy...good one
[11:26] {dptl} can i have couple more good trades pls...can't find anything
[11:27] {BillyD} c'mon DRRX go more that 2 cents
[11:27] {Threei} couple more, sure
[11:27] {dino} lufk dieeeeeee
[11:27] {Threei} it's a "good" part than makes me concerned
[11:27] {dino} missed tchc s entry by .04 ugh
[11:30] {DaveG} see, there you needed to use "the" instead of "a"
[11:31] {Threei} no way
[11:31] {Threei} I mean, a no the way
[11:31] {DaveG} lol
[11:31] {DaveG} ok :)
[11:40] {dino} lufk bstop to .45
[11:40] {BillyD} nice dino
[11:42] {dino} ty
[11:42] {dino} bit of luck
[11:45] {dino} to .39
[11:47] {Threei} SNDK interesting
[11:47] {dino} cov slippage .43, +.27
[11:47] {Threei} worth a try as long as holding above .50
[11:48] {BillyD} here or .80
[11:50] {Threei} can't say really... I like aggressive entry
[11:50] {Threei} but it's a matter of personal preference
[11:50] {BillyD} I see
[11:50] {Threei} check out last blog entry on this btw
[11:50] {BillyD} I have read them all unless you put one up last night
[11:51] {Threei} yup, it's fresh one
[11:51] {dino} anik
[11:51] {Threei} I mean "a" fresh one
[11:51] {BillyD} will do
[11:51] * Threei slaps DaveG around a bit with a large trout
[11:51] {BillyD} the frsesh one
[11:52] {Threei} how the I is a supposed to the know
[11:54] {Raven} {?}
[11:54] {Raven} }?{
[11:54] {Threei} finally
[11:54] {Raven} sigh
[11:54] {Threei} worked hard to draw Raven out
[11:55] {Raven} it is tough to take ...
[11:55] {DaveG} what the heck i do?
[11:55] * Raven slaps DaveG around a bit with a large trout
[11:55] {Raven} that's what
[11:55] {DaveG} here i am trying to trade, look up getting trouted
[11:55] {DaveG} :)
[11:56] {Raven} try harder
[11:56] {DaveG} out 1/2 TMA puts, up i don't know how much
[11:56] {Raven} :)
[11:57] {DaveG} damn that was fun
[11:58] {Threei} offering SNDK at .95
[11:58] {BillyD} I'm trying to buy PB....may not happen
[11:58] {Threei} maybe too greedy
[11:59] {BillyD} take 1/2
[11:59] {BillyD} entry?
[11:59] {Threei} got .67
[11:59] {BillyD} nice
[12:04] {BillyD} in .64
[12:04] {BillyD} stop under .60
[12:06] {BillyD} out -.05
[12:10] {dino} cbey s .03, stop .30
[12:16] {dino} wow ostk
[12:17] {markweb} Sorry, how to use (a) (the) dcc?
[12:17] {DaveG} lol
[12:17] {DaveG} oh, good one mark
[12:18] {Threei} a doubleclick on the name of a one who the you want to a talk
[12:18] {DaveG} lol
[12:18] {dptl} lol
[12:18] {markweb} and?
[12:19] {DaveG} (a) (the) new window will appear
[12:19] {BillyD} right click on name and hit slap ...it is a DCC shortcut
[12:19] {Threei} and type in a new window that the pops up
[12:20] {dino} cbey bstop to .83
[12:21] {BillyD} another nice short dino
[12:21] {markweb} Thanks Bily, (a) DCC is right:)
[12:21] {dino} to .75
[12:21] {BillyD} :)
[12:21] {dino} ty billy, just getting lucky
[12:22] {dino} cov .74, +.29
[12:30] {Threei} i need some drug for greed... and desirably more, more of it
[12:30] {BillyD} lol
[12:31] {dino} you sound lke heuy lewis
[12:31] {Threei} who?
[12:31] {Threei} i mean the who?
[12:31] {BillyD} who is lead singer in The Who
[12:31] {BillyD} or was
[12:32] {Threei} burt cummings?
[12:32] {BillyD} lol
[12:32] {BillyD} Roger Daltry
[12:32] {BillyD} I think
[12:32] {Threei} sigh... does knowing who burt is give me any credits?
[12:33] {BillyD} yes...if we knew who he was
[12:33] {Threei} lol
[12:33] {Threei} i bet esemde does
[12:33] {dino} huey lewis band, "i want a new drug"
[12:33] {dino} huey & the news i think
[12:35] {Threei} whew... out SNDK
[12:35] {Threei} .85
[12:35] {BillyD} nice
[12:35] {BillyD} had to earn it
[12:36] {Threei} i did... and shined in music scene knowledge
[12:36] {Threei} i think
[12:37] {dino} gj
[12:38] * Threei slaps dptl around a bit with a large trout
[12:39] {dptl} why
[12:39] {Threei} if i knew, i would probaly be throwing stones
[12:39] {dptl} lol
[12:39] {dptl} ok a bit better today.......but still not fully adapted yet...
[12:40] {BillyD} good blog post Vad
[12:41] {BillyD} latest one
[12:41] {Threei} ty
[12:41] {dptl} is there a new blog?
[12:41] * Threei slaps dptl around a bit with a large trout
[12:41] {BillyD} it shows me you are not so black and white
[12:41] {Threei} lol
[12:41] {dino} strange summer, when i wait until afternoon to trade i do much better, reverse of rest of year
[12:41] {BillyD} but I already knew that
[12:42] {Threei} true dino, noticed that too
[12:43] {dino} i'm goin to wait longer to begin
[12:43] {dino} today was a very good day and i started at 12:00ish
[12:44] {dino} isph stopped -.10
[12:44] {BillyD} maybe a better feel of true players for the day defines itself later
[12:45] {dino} billy w/the yen talk, :)
[12:45] {dino} calling it a day, tee time in 45 mins.
[12:45] {dino} thx all
[12:46] {BillyD} bye dino
[12:46] {DaveG} take care dino
[12:46] {Threei} take care dino
[12:46] {dino} u2 billy, 3i, dave, etc
[12:49] {Threei} wow nq
[12:49] {DaveG} wow
[12:51] {DaveG} good lord
[12:51] {DaveG} qqq hod
[12:56] {Threei} told you, market was far from done rallying
[12:56] {Threei} still is
[12:57] {Threei} [14:23] {Threei} lookin at NQ and trying to summarize my feel, I'd say rally is here to continue
[12:57] {Threei} [14:23] {Threei} we are having hiccup today
[12:57] {BillyD} yes, but seeing this move a bit tough
[12:57] {BillyD} or ayt least fro me
[12:57] {Threei} not really possible, that was sudden explosion
[12:57] {Threei} out of nowhere
[12:58] {Threei} but general feel of rally continuation is here
[12:58] {Threei} for days if not weeks to come
[12:58] {Threei} thank you all
[12:58] {Threei} have a good eveninbg
[12:58] {BillyD} thx Vad
[12:58] {Threei} (the) good evening?
[12:58] {Threei} oh, best version:
[12:58] {Threei} a good the evening
[12:58] {markweb} Thanks Vad
[12:59] {Threei} see you tomorrow
[13:00] {dptl} see you tomorrow all
[13:13] {esemde} see ya'll
Session Close: Thu Jul 19 00:00:00 2007

Tuesday, July 17, 2007

Session Jul 17, 2007

Session Time: Tue Jul 17 00:00:00 2007

[05:07] {magoo} morning RT
[05:08] {magoo} morn rt
[05:10] {BillyD} magoo
[05:10] {magoo} bones:)
[05:11] {magoo} billy, wasn't XING your specialty?
[05:11] {BillyD} sometimes...but I'm not do good when they dump
[05:12] {DaveG} morning
[05:12] {BillyD} dave:)
[05:12] {DaveG} dang, you guys up early
[05:12] {BillyD} crazy huh
[05:13] {DaveG} are you East Coast billy?
[05:13] {BillyD} west
[05:13] {DaveG} i'm impressed :)
[05:13] {BillyD} AZ
[05:14] {BillyD} got to be alert come opening bell otherwise you miss the first hour waking up lol
[05:14] {DaveG} i hear ya
[05:15] {magoo} whats it 5 a. m there?
[05:15] {BillyD} yes
[05:15] {magoo} dave, :)
[05:16] {BillyD} dave...you hit taste of Chicago this year
[05:16] {DaveG} no, whats that
[05:16] {BillyD} did you move there
[05:16] {DaveG} i'm in Illinois, yeah
[05:16] {DaveG} hour or so northwest of chi
[05:17] {BillyD} arounf the 4th of July downtown area is a big celebration for a couple of weeks
[05:17] {DaveG} oh
[05:17] {BillyD} really cool
[05:17] {magoo} u guys ysing laser?
[05:17] {magoo} using
[05:17] {BillyD} yes
[05:17] {DaveG} not me, sorry mags
[05:17] {magoo} check see if xing avail short please
[05:17] {BillyD} it's not
[05:18] {magoo} thank u
[05:18] {BillyD} magoo....have you noticed time of sales that offers disappear and bids jump up but no prints lately
[05:19] {BillyD} and you are like did that big offer get taken for your trigger
[05:27] {cosmo} NVLS: $57.3 million, or 45 cents per share, up from $52.7 million, or 42 cents per share, for the second quarter 2006. Revenue for the quarter was $416.3 million, up 2 percent from $410.1 million
[05:28] {cosmo} premkt high = 30.60 ...so far
[05:29] {cosmo} BEAS: Credit Suisse upgrades BEA Systems (BEAS 13.45) to Outperform from Neutral and raises their tgt to $17 from $14 saying the basis of the upgrade is their belief that the co is in play and shares could fetch a price between $15 and $18
[05:30] {cosmo} pre mkt hi = 13.90
[05:32] {cosmo} QEPC up 78% pr mkt
[05:32] {cosmo} QEPC: Reports Record Quarterly Revenues and Improved Earnings in Its Fiscal 2008 First QuarterPrimeNewswire (Mon 5:49pm)
[05:37] {DaveG} nearly a double now
[05:38] {cosmo} LOCM
[05:38] {cosmo} no news
[05:38] {cosmo} 8.50 pre mkt high
[05:41] {DaveG} i miss Nesi
[05:41] {cosmo} i miss Lars
[05:41] {magoo} oh boy...QEPC is avail short to laserheads
[05:42] {DaveG} yeah, me too coz
[05:42] {magoo} scary thoughts in magoo head
[05:42] {cosmo} :)
[05:42] {DaveG} that is scary mags
[05:42] {DaveG} not my cup of tea
[05:42] {DaveG} but g/l :)
[05:43] {DaveG} big offer at 11.20
[05:45] {Threei} usually magoo manages to scare me somewhere around 10-10:30... today it's before 9
[05:45] {Threei} good morning!
[05:47] {BillyD} morning Vad, Cosmo
[05:47] {Threei} billy :)
[05:47] {magoo} morn vad:)
[05:47] {Threei} magoo :)
[05:47] {magoo} news beas vad, u follow that correct?
[05:48] {cosmo} BD :)
[05:48] {Threei} sometimes
[05:48] {Threei} it's quite heavy but when it catches wind it can move
[05:49] {magoo} yep, anyone with intelligence read the news on XING? i read it and the news seems ok, positive to me...but i am an idiot
[05:49] {magoo} the whole drop was last night afterhrs
[05:49] {magoo} when announced they woyuld restatre
[05:49] {magoo} but the restate today isn't bad imo...anyone????
[05:50] {BillyD} Vad...how do you change the password in Mirc at login
[05:50] {DaveG} morning Vad
[05:50] {BillyD} mine keeps promting me at connection
[05:50] {Threei} hi dave
[05:51] {cosmo} XING: Filed Form 20-F to Release its 2006 Annual Report and Restate its Financial Data for 2005, 2004 and 2003
[05:51] {cosmo} PR Newswire (Tue 6:02am)
[05:51] {BillyD} big unknown on XING
[05:52] {magoo} i read the report
[05:52] {magoo} restates increases acrossed the board
[05:52] {cosmo} hmm
[05:52] {BillyD} load up man
[05:52] {Threei} billy, type /login, it will disconnect you and give a prompt, one that you type in will be automatic from that moment on
[05:52] {magoo} see, the announcemt was last night that the report was forthecoming,tankage...but ..hhmmmmmmmmmm
[05:53] {BillyD} thx Vad!
[05:53] {Threei} np
[05:55] {magoo} DRRX gap
[05:55] {magoo} ppp up big
[06:00] {markweb} gm winners!
[06:00] {dptl} gm all
[06:00] {Threei} mark, dp :)
[06:06] {magoo} AVII moves
[06:06] {dino} gm all
[06:07] {esemde} good m everyone...
[06:07] {Threei} dino, ese :)
[06:08] {esemde} interesting day yesterday for me....when you miss 3 days it was hard to get a feel for things
[06:08] {esemde} found it very difficult to pull the trigger
[06:09] {dino} been an interesting summer so far. relying on spikes and capits
[06:11] {Threei} somewhat unusual summer for me too
[06:11] {Threei} while activity is certainly lower as expected,
[06:11] {esemde} opps....forgot to say good morning Vad..appologies
[06:11] {Threei} there are nice readable opportunities
[06:11] {Threei} hi :)
[06:11] {Threei} and it goes fairly steady
[06:12] {esemde} your finding lots of opportunities then?
[06:12] {Threei} I call all I find :)
[06:12] {Threei} it's usually more dry in the summer
[06:13] {esemde} has this been a good summer compared to most
[06:13] {Threei} better so far
[06:14] {Threei} worst month is august
[06:14] {esemde} how so?
[06:14] {Threei} first three weeks rarely offer much
[06:14] {Threei} boring, narrow, low volume
[06:14] {Threei} then thibngs start slowly pick up
[06:15] {esemde} in general does the market decline?
[06:15] {Threei} no, not necessary
[06:15] {Threei} it's rather about readability, follow-through
[06:15] {Threei} than about direction
[06:16] {esemde} lower volumes and narrower trading ranges
[06:16] {Threei} and no follow-through on setups
[06:16] {Threei} and a lot of shakeouts
[06:17] {Threei} random moves that do not offer orderly opportunities
[06:17] {esemde} have you ever thought about other trading ......futures, currencies at august time
[06:18] {Threei} nope
[06:18] {dino} no, what i have done is sized down
[06:18] {Threei} the reason for this slowdown will be the same for any trading vehicle
[06:18] {Threei} a lot of big shots (and small too) in financial world are on vacation
[06:18] {magoo} what stock went big yesterday that we were on?can't remember
[06:19] {Threei} and return in time for kids school
[06:19] {Threei} so all markets are impacted similarly
[06:19] {magoo} 2 dollar that went to 8?anyone??
[06:19] {Threei} DYII magoo
[06:20] {magoo} THANX
[06:20] {magoo} u know i would never have rememembered..sigh
[06:21] {magoo} not avail anymore sh laser,
[06:21] {magoo} whats that tell u vad/
[06:22] {Threei} those who wanted short shares used them
[06:22] {Threei} since we don't know how much was available to begin with, not much info,
[06:22] {Threei} if this is across the board, tells more
[06:22] {Threei} itr's certainly is very capable of hard squeeze
[06:23] {Threei} and hard drop
[06:23] {cosmo} NVLS pr mkt high = 31.20
[06:23] {magoo} yup
[06:24] {cosmo} should hold 31
[06:24] {esemde} speaking of calling...I haveswing buy stop in on FDRY at 17.51
[06:24] {dptl} oh man finally.....i am connected and ready...:)
[06:24] * Threei slaps dptl around a bit with a large trout
[06:25] {Threei} that was lucky trout
[06:25] {dptl} i hope so
[06:25] * magoo slaps dptl around a bit with a large trout
[06:25] {esemde} lucky to get the slime off you mean....
[06:25] {Threei} there is one more resistance on FDRY around .70, ese
[06:25] {Threei} lol, that too
[06:25] {Threei} be careful dp
[06:25] {Threei} two things
[06:26] {Threei} 1. it's easy to get overexcited with new toy, especially that powerful
[06:26] {magoo} fdry = fire dept rhode island??
[06:26] {Threei} and start trading for trading sake
[06:26] * DaveG slaps magoo around a bit with a large trout
[06:27] {Threei} with false feeling of security caused by "I have such fast broker, I am bound to win"
[06:27] {Threei} and 2., it's really powerful
[06:27] {Threei} easy to shoot yourself in the foot while you are relatively new to it
[06:27] {esemde} tks Vad ...i see that..the 07/12 high
[06:28] {cosmo} shooting?
[06:28] {Threei} right, .68
[06:28] {Threei} chart looks right for a break
[06:28] {Threei} nice ascending triangle in the making
[06:28] {dptl} yes i am starting slowly....have not been trading for two weeks
[06:29] {Threei} sooo... are we shorting QEPC?? :)
[06:29] {Threei} be careful, very volatile
[06:29] {magoo} i thinking about it
[06:29] {Threei} I no thinking
[06:29] {magoo} any read
[06:30] {Threei} gosh... we haven't even opened yet
[06:30] {Threei} have nercy :)
[06:30] {Threei} mercy too
[06:31] {Threei} spread, mama mia
[06:32] {Roman} SIFY
[06:32] {Roman} possible small bounce, thin
[06:33] {Roman} LOCM
[06:33] {Roman} long 8.45 small
[06:33] {Threei} yeah, LOCM surprizingly holding the gap so far
[06:33] {Threei} feels like QEPC wants another spike
[06:34] {Threei} sheesh... does it while I type
[06:35] {magoo} xing trying recover
[06:37] {dino} nvls s .72
[06:37] {Roman} VDSI
[06:37] {Roman} long small
[06:40] {Threei} long QEPC 200 shares
[06:40] {Threei} stop under 11, target around 13
[06:40] {Threei} adrenaling sake rather than profit sake
[06:40] {magoo} entry price?
[06:41] {Threei} got .77
[06:41] {Threei} VDSI looks explosive
[06:41] {Roman} OMTR radar
[06:43] {dino} kg s .24, stop .52
[06:44] {dino} nvls stopped -.31
[06:46] {dino} xing l trig .50 imo
[06:47] {Threei} if stays above .30 for me
[06:48] {dino} aiz getting spanked
[06:51] {Threei} DYII may have a surprize under its sleeve... holding fairly well
[06:52] {magoo} locm thoughts?
[06:53] {Roman} i am out LOCM for now
[06:53] {Threei} if it doesn't lose .45 anymore and takes high, it's a long
[06:53] {Threei} risky
[06:53] {magoo} ok rfr dav'
[06:54] {Roman} i just skeptical as too many flippers expect a pop
[06:54] {magoo} u out qpec vad?
[06:54] {Threei} why?
[06:54] {Threei} it never hit stop
[06:54] {magoo} i missed your stop post
[06:55] {Threei} [09:40] {Threei} stop under 11, target around 13
[06:55] {Roman} damn flippers
[06:55] {magoo} out locm now .66
[06:55] {magoo} ty roman
[06:56] {Threei} 1:1
[06:56] {dino} gj
[06:56] {Roman} SIMO
[06:57] {Roman} feels much higher
[06:59] {Threei} 1:2 LOCM, me out
[06:59] {lklarson} gm all
[06:59] {Threei} lkl :)
[06:59] {magoo} nice vad
[06:59] {dino} morn' lkl
[07:07] {Threei} LOCM is serious
[07:07] {dino} fcsx
[07:07] {BillyD} yes
[07:08] {magoo} can it eat 9?
[07:08] {Threei} yes
[07:08] {magoo} how u know
[07:09] {DaveG} cause he's the boss
[07:10] {Roman} CPSL interesting
[07:10] {BillyD} Vad...LOCM holds .80....go long break of 9?
[07:11] {Threei} feels so
[07:11] {Threei} no worky QEPC
[07:12] {Threei} AVUE?
[07:12] {Threei} ZVUE
[07:12] {Roman} had some news in a.m.
[07:12] {dino} hl s fcsx .39
[07:12] {Roman} nothing major
[07:14] {Threei} maybe aggressive entry will be better idea billy
[07:14] {Roman} CTDC
[07:14] {DaveG} DIEEEEEEEEEE CREEEEEEEEEEE
[07:15] {DaveG} sorry, little carried away
[07:16] {DaveG} hey it worked
[07:17] {Threei} what did?
[07:17] {Threei} I missed you entry post?
[07:17] {DaveG} shouting at it
[07:17] {dino} cov fcsx .70, +.69
[07:18] {DaveG} wtg dino
[07:18] {lklarson} nice dino
[07:18] {dino} ty, entry was a bit off, got lucky
[07:18] {esemde} NJ dino
[07:19] {dino} too thin
[07:22] {dino} cov kg .99, +.25
[07:23] {magoo} how we miss NVDA vad..sigh?
[07:25] {Threei} typed alert twice and backed off each time
[07:30] {dino} that fcsx is like pulp
[07:34] {Threei} SIGM
[07:34] {BillyD} in LOCM .79...stop under .68 aggressive
[07:34] {Threei} half lot long here
[07:35] {Threei} stop .85
[07:35] {magoo} took it
[07:36] {dino} lkqx hl s .00, stop hod
[07:39] {BillyD} out LOCM -.11
[07:40] {BillyD} sheesh
[07:40] {Threei} what was that?
[07:40] {Threei} news?
[07:40] {cosmo} obl?
[07:40] {magoo} out locm .24
[07:40] {magoo} sorry
[07:41] {Threei} YHOO rumor
[07:41] {BillyD} rumor yahoo uses LOCM for local search
[07:41] {Threei} bs
[07:41] {Threei} don't chase
[07:41] {BillyD} anything can happen Vad...lol
[07:41] {Threei} no kidding
[07:42] {magoo} i was getting ready to exit after billy and bamm
[07:42] {magoo} one second more i was loss
[07:43] {BillyD} well w/out news probably at .40 now
[07:44] {magoo} yeah..i just got real real ucky
[07:44] {magoo} liucky
[07:44] {Threei} yucky?
[07:44] {dino} isln
[07:44] {magoo} damm was stalking dyii missed this move
[07:45] {Threei} ugh
[07:45] {Threei} so did I
[07:45] {Threei} watch it
[07:45] {Threei} likely not done yet
[07:45] {Roman} DYII
[07:46] {Roman} large b*all traders only
[07:46] {Threei} good morning Roman :)
[07:46] {Threei} 7.90 offer is indication
[07:46] {Threei} if taken...
[07:47] {Threei} you know the risk
[07:47] {BillyD} .50 stop vad
[07:47] {magoo} QPEC
[07:47] {Threei} I don't even know what to say billy... it's not a stock that obeys any kind of technicals
[07:47] {Threei} pure "feel it or don't touch it"
[07:47] {BillyD} trying to bring some structure to it
[07:48] {Threei} SIGM 1:1
[07:48] {Threei} which is my way of saying 'I am not responsible for what happens next"
[07:48] {BillyD} out 1/2 SIGM +.25...in at .97 PB
[07:48] {magoo} your patented disclaimer
[07:48] {Threei} with addirtion of "you are on tour own"
[07:49] {Threei} your
[07:49] {dino} tzoo hit
[07:49] {Threei} and "don't bother me with it nomore" on top
[07:49] {BillyD} out 1/4 more +.33
[07:50] {magoo} out .33 here vad, thanx
[07:50] {Threei} welcome
[07:50] {BillyD} out rest thx Vad
[07:50] {Threei} Billy... almost everything is good in your world... just one thing is lucking
[07:50] * Threei slaps BillyD around a bit with a large trout
[07:50] {BillyD} lol
[07:50] {Threei} now I can remove that "almost"
[07:51] * magoo slaps BillyD around a bit with a large trout
[07:51] {Roman} SWHC high, interesting
[07:51] {BillyD} oh to loved again
[07:51] {BillyD} to be
[07:51] {Threei} lol
[07:51] {Threei} dyii
[07:52] {BillyD} still can't type though
[07:52] {Threei} finger on a ttrigger
[07:52] {magoo} me three
[07:52] {Threei} in
[07:52] {magoo} .89
[07:52] {BillyD} blinked and missed
[07:55] {Threei} putting sale at 9 and going for a smoke
[07:56] {magoo} too much he he
[07:56] {lklarson} out locm +.18
[07:56] {Threei} lkl :)
[07:56] {magoo} waiting .40
[07:56] {magoo} thats my arca
[07:56] {magoo} pretty pink
[07:57] {esemde} dyii on the move
[07:57] {esemde} crossed resistance at 8.25
[07:58] {Roman} SINA strong
[07:58] {esemde} strong indeed
[07:59] {lklarson} out sigm +.25 thx vad
[07:59] {Roman} out 1/2 VDSI +.30
[08:00] {magoo} nice ben
[08:00] {BillyD} gj RFR
[08:00] {Roman} ty
[08:03] {Threei} welcome lkl
[08:03] {Threei} nice one VDSI
[08:03] {BillyD} I took VDSI off earlier on low vol and breakdown below 25
[08:04] {BillyD} Vad....your L2 have LOD/HOD incorrect
[08:04] {BillyD} compared to charts
[08:04] {Threei} on what?
[08:05] {BillyD} SQNM
[08:05] {BillyD} it is an ongoing problem
[08:05] {Roman} MAIL
[08:05] {Roman} acting weird lately
[08:05] {dino} hl l aiz .00, stop .67
[08:05] {Threei} off by 3 cents, yeah
[08:07] {magoo} beas vad?
[08:08] {Threei} should break if NQ does
[08:08] {magoo} u like it
[08:09] {Threei} if holding above .85 and NQ helps, yes
[08:09] {magoo} and if the rain stops and i get bologna w/mustard
[08:10] {Threei} aggressive entry here
[08:11] {esemde} use dijon......much more tasty
[08:12] {esemde} can make bologna taste like steak
[08:14] {BillyD} stop on BEAS below .85 right
[08:14] {Threei} yes
[08:14] {BillyD} ok took .91
[08:14] {BillyD} 1/2
[08:14] {esemde} was filled in FDRY at .51
[08:15] {dino} lkqx stopped
[08:19] {BillyD} took 1/2 more BEAS .87
[08:20] {magoo} wheres stop dyii?
[08:21] {Threei} under .50 I guess, but this one can do anything
[08:21] {Threei} can dive and bounce immediately
[08:21] {BillyD} stop beas -.05
[08:21] {dptl} vdsi at .35 would be worth to try?
[08:21] {Threei} just no way to read it
[08:21] {Roman} GOAM
[08:25] {lklarson} out aiz +.18 thx dino
[08:26] {dino} np
[08:28] {esemde} weird price action FDRY...
[08:33] {Threei} NVDA is probably ready for another round
[08:36] {magoo} think locm still a player vad?
[08:37] {Threei} I doubt it
[08:37] {magoo} u like sigm as bounce here?
[08:38] {Threei} not really
[08:38] {BillyD} how about DRRX Vad
[08:38] {Threei} news on it or what?
[08:39] {BillyD} positive pain relief news
[08:39] {BillyD} not too exciting
[08:39] {Threei} looks dead... no volume, no pace
[08:40] {BillyD} nice chart...I find myself forgetting I am not a swing trader
[08:41] {BillyD} have to keep time frame in perspective
[08:42] {esemde} Vad hows your internet working ...things seem to be shutting down in my end of town
[08:42] {Threei} looks ok
[08:42] {Threei} you with shaw?
[08:42] {esemde} no telus.net
[08:43] {Threei} shaw here
[08:43] {esemde} takes a web page almost 2min to log in
[08:46] {magoo} stopped DYII...DUMB
[08:46] {magoo} had it out there .44..missed exit, take loss
[08:46] {esemde} good thing I'm swing trading FDRY..I have no idea how it's doing
[08:46] {Threei} no quotes?
[08:47] {Threei} 17.48 right now
[08:47] {esemde} tks...
[08:51] {BillyD} learn from it magoo
[08:51] {esemde} i'm back...was cut off from you all for a couple of minutes
[08:51] {BillyD} or remember
[08:52] {cosmo} ese......i get cut off for hours sometimes
[08:53] {BillyD} mkt overall seems to be pausing at this 14K mark
[08:53] {BillyD} last two days
[08:53] {dino} hl s vsea .40
[08:54] {esemde} cosmo where are you located?
[08:54] {cosmo} San Diego
[08:55] {esemde} and you get cut off for hours?
[08:56] {cosmo} usually when I leave the room for awhile
[08:56] {cosmo} its karma i think
[08:57] {cosmo} but this time its gonna be because i gotta go play...
[08:58] {cosmo} :)
[08:59] {lklarson} out vsea +.15
[09:00] {dino} wtg
[09:00] {dino} stop is .20 for me
[09:00] {dino} there it is, +.20
[09:02] {magoo} nvda a short vad?
[09:03] {Threei} no read at all
[09:03] {magoo} u still in DYII?
[09:03] {Threei} no
[09:03] {magoo} u in anything?
[09:03] {Threei} nope
[09:03] {Threei} market went into idiotic mode
[09:03] {Threei} aimless wandering
[09:03] {magoo} u outside or looking for stox?
[09:04] {Threei} INGN?
[09:05] {BillyD} scritp?
[09:05] {Threei} lol
[09:05] {Threei} shortable
[09:05] {BillyD} lol
[09:05] {BillyD} ZVUE continues
[09:05] {magoo} LWAY
[09:05] {BillyD} not in
[09:05] {esemde} ok i'm back...this is going to drive me nuts today
[09:06] {magoo} what..back in zvue}?
[09:08] {dptl} i am having "good start"...
[09:08] {magoo} OEH spike
[09:08] {dino} gj dp
[09:09] {dptl} no thats ment really bad one
[09:12] {magoo} [12:08] {dptl} i am having "good start"..
[09:12] {magoo} u pushing your luck little man {soup nazi}
[09:13] {dino} oopps
[09:13] {dptl} 1 winner out of 6 trades..lol was confused with keys..
[09:13] {esemde} sorry magoo...back online
[09:18] {magoo} huh?
[09:18] {magoo} any read XING vad??
[09:19] {Threei} no
[09:19] {magoo} thats it..........................
[09:19] * magoo slaps Threei around a bit with a large trout
[09:19] {BillyD} ok if your bored try this.....
[09:20] {BillyD} GET THROUGH THE MAZE
[09:20] {BillyD} one sec
[09:20] {BillyD} http://i.euniverse.com/funpages/cms_content/6489/a-maze-ing_new_cursor3.swf
[09:20] {BillyD} it's tough so be steady
[09:21] {DaveG} find us a short mags
[09:21] {magoo} looking
[09:22] {magoo} watching VSEA as possible sh
[09:22] {DaveG} hmmm, good one
[09:23] {magoo} loss 44 risky of course
[09:28] {DaveG} need to get rid of that .93 buyer
[09:31] {DaveG} stubborn aint he
[09:31] {DaveG} there we go
[09:31] {dino} aiz stopped grrr
[09:34] {dino} esmc glbl
[09:38] {dino} esmc hl s .70 risky
[09:38] {BillyD} no short here
[09:40] {dino} its over here
[09:41] {BillyD} die for dino
[09:43] {dino} lol, not happening, managing a stop in here somewhere
[09:43] {BillyD} tough one
[09:43] {DaveG} neither is vsea
[09:43] {magoo} yeah, no work really dave
[09:45] {DaveG} oh well, looked good
[09:48] {DaveG} MDR was the short
[09:50] {DaveG} or FSLR
[09:59] {BillyD} in esmc .56
[09:59] {BillyD} stubborn bounce
[10:03] {dino} l?
[10:03] {BillyD} yes
[10:03] {dino} still s here
[10:03] {dino} nice read
[10:03] {BillyD} out 1/2 +.28
[10:04] {BillyD} rest +.32
[10:04] {dino} wtg
[10:04] {BillyD} thx dino....tokk small loss .72 to .56 trying to get it
[10:04] {BillyD} small shares dino
[10:05] {dino} y
[10:06] {BillyD} same here
[10:10] {dino} biof
[10:13] {dino} esmc stopped
[10:14] {BillyD} crazy one
[10:15] {dino} yeah
[10:16] {BillyD} watching DRRX strong
[10:17] {Roman} JSDA pop
[10:21] {Roman} scalped some GOAM
[10:25] {Roman} STEC strong
[10:25] {Roman} making highs
[10:32] {dino} uctt
[10:37] {dino} klac
[10:38] {Threei} news?
[10:39] {dino} hl s vsea .74
[10:39] {DaveG} good lord klac
[10:41] {Roman} KLAC KLA-Tencor spikes over 1 point in the past 15 min... note that the co just started presenting at Semicon 10 min ago (59.48 +2.78) -Update-
[10:43] {DaveG} jeez
[10:43] {Roman} WSJ's Deal Journal discusses this morning's Bear Stearns note on the proposed SIRI/XMSR merger
[10:43] {Roman} long BRCM on KLAC
[10:43] {Roman} small
[10:44] {Threei} XMSR nice chart
[10:44] {Roman} in 32.76 BRCM 1/2
[10:44] {Threei} if catches momo can go over 13 easy
[10:45] {Threei} .81 worth a try
[10:45] {Threei} .69 stop
[10:46] {BillyD} in XMSR
[10:47] {Threei} some buzz... needs to take .87, yesterday;s high
[10:47] {BillyD} it needs thru yesterday's high .87
[10:47] {BillyD} lol
[10:47] {DaveG} lol
[10:48] {Threei} I can retire :)
[10:48] {BillyD} a fluke
[10:48] {BillyD} lol
[10:48] {Threei} KLAC wants more
[10:49] {Roman} SOFO long
[10:49] {Roman} small
[10:52] {Threei} moving stop to .74 XMSR
[10:52] {Threei} either it catches wind or not
[10:53] {BillyD} you said...no retiring
[10:53] {Threei} sigh
[10:53] {BillyD} the stop is more to prevent death from boredom of tank like stock
[10:55] {Threei} it can be amazingly mobile when momo players hit it
[10:56] {BillyD} true....1 out of 20 times
[10:57] {BillyD} at least it seems that way for me on it
[10:57] {Threei} FRPT
[10:57] {Threei} or not
[11:03] {DaveG} KLAC should change it's symbol to KRAC
[11:04] {DaveG} or not
[11:05] {Roman} out 1/2 BRCM +.18
[11:16] {magoo} klac wants 62
[11:19] {Threei} NAVI
[11:19] {Threei} weak volume
[11:19] {Threei} 52 highs
[11:19] {Threei} nah, disregard
[11:23] {dino} vsea stopped -.26
[11:23] {DaveG} out all REDF puts +1.10
[11:23] {dptl} nothing is working for me today......damn
[11:24] {dino} same here dp, when do we get tens of stocks jumping 4-7 bucks, what the hell
[11:24] {dptl} :)
[11:25] {magoo} but go long like xmsr and stop it dead..sigh
[11:25] {BillyD} lol....you in magoo
[11:25] {magoo} just dumped it
[11:25] {BillyD} I was going to mention it to them as well
[11:25] {magoo} only stock on board not going 4 poinytds
[11:26] {BillyD} mkt at all time highs
[11:31] {BillyD} you guys see any T&S on XMSR taking out that large .81 offer???
[11:31] {Threei} LRCX short half lot under 60
[11:31] {Threei} .25 invalidates setup
[11:32] {esemde} the word SLOTH comes to mind...good thing i'm swing trading FDRY
[11:34] {Roman} long JCOM
[11:34] {Roman} 1/3 size, 36.48 area
[11:40] {dino} mer l .96
[11:40] {Roman} MIVA
[11:40] {Roman} clow
[11:40] {Roman} slow
[11:43] {magoo} long klac here .60 to go over 62..risky
[11:45] {BillyD} out 1/2 xmsr flat
[11:45] {Roman} out remainng BRCM +.20
[11:45] {Roman} out remaining VDSI +.71
[11:45] {Threei} ABAX short .34
[11:46] {Threei} .45 stop
[11:46] {Roman} CNQR upside
[11:47] {Roman} potential
[11:49] {magoo} stopped klaxc
[11:50] {BillyD} in lrcx .26
[11:51] {BillyD} out +.16
[11:52] {dino} gj
[11:52] {BillyD} ty
[11:53] {BillyD} LOCM
[11:54] {BillyD} not in
[11:54] {dino} mer stopped -.06
[11:55] {Roman} out SOFO flat
[11:56] {markweb} abax stopped
[11:56] {Threei} always hated those big up days
[11:59] {dptl} you still in xmsr,Vad?
[11:59] {Threei} yeah
[11:59] {Threei} sigh
[11:59] {dptl} me too
[12:01] {magoo} u still like LRCX sh off 60 vad?
[12:02] {Threei} hard to tell... if market takes serious dive
[12:02] {Threei} resistance is too far, uncomfortable with stop size
[12:06] {BillyD} out rest XMSR -.02
[12:06] {BillyD} moving on
[12:06] {dino} esea s .34, stop .64
[12:09] {dino} make bstop .53
[12:13] {dptl} ok thats it for me for today......have a good evening everyone ,talk to you tomorrow
[12:13] {lklarson} take care dp
[12:13] {BillyD} bye dp
[12:13] {magoo} bye dp
[12:16] {dino} cya dp
[12:17] {dino} esea stopped -.20
[12:20] {dino} billy, esmc now
[12:20] {dino} sheesh
[12:20] {BillyD} bummer...crazy one
[12:21] {dino} darn partial fill s lrcx .54
[12:22] {dino} somebody knows earnings at hcsg
[12:24] {BillyD} good short dino lrcx
[12:26] {dino} filled 100
[12:27] {BillyD} take your profit yet
[12:27] {dino} no waiting for fill or bigger drop
[12:28] {BillyD} gotcha
[12:29] {dino} working a 30 cent range give or take
[12:30] {BillyD} ok...it hit .16 already....were you waiting for a bigger drop then
[12:31] {dino} yeah...
[12:34] {BillyD} you can always cover 1/2 here.....lol
[12:34] {BillyD} couldn't resist dino
[12:34] {dino} .04
[12:35] {BillyD} 50 shares would be funny
[12:35] {DaveG} covered 1/2 HCSG +.79
[12:36] {BillyD} wtg
[12:37] {dino} gj
[12:37] {DaveG} covered remainder +.70
[12:37] {DaveG} thanks
[12:38] {DaveG} that was fun
[12:38] {DaveG} lets do it agin real soon
[12:39] {dino} cov lrcx .04, whoo hoo
[12:39] {BillyD} gj
[12:39] {dino} c'mon....
[12:40] {BillyD} you made .49 right
[12:41] {dino} .50, net about 35 bucks
[12:41] {BillyD} still a good trade in that essence
[12:42] {dino} i understand, just one of those
[12:42] {DaveG} thanks for the HCSG dino, i owe ya one buddy :)
[12:43] {Threei} TBUS?
[12:45] {dino} welcome, but youpulled the trigger, all you
[12:52] {esemde} signing off...have a great rest of the day everyone
[12:52] {DaveG} you too ese
[12:52] {esemde} take care dave
[12:52] {Threei} take care ese
[12:53] {dino} u2 eses
[12:58] {BillyD} bye guys....cya tomorrow
[12:58] {Threei} thank you all
[12:58] {DaveG} thanks vad!
[12:58] {Threei} have a good evening, see you tomorrow
[13:01] {dino} later all
[13:01] {lklarson} take care all
Session Close: Wed Jul 18 00:00:00 2007

Realitytrader TradeLog - July 16, 2007

Session : Mon Jul 16
Session Time: Mon Jul 16 00:00:00 2007

[05:10] {DaveG} out partial GWW stock +3.45
[05:16] {DaveG} morning
[05:48] {magoo} morning rt
[05:48] {DaveG} out remainder gww stock +1.75
[05:49] {Threei} good morning guys
[05:49] {Threei} (yawn)
[05:49] {magoo} morn vad
[05:49] {DaveG} morning vad
[05:49] {Threei} magoo, dave :)
[05:49] {Threei} watching ASIA for 10.50 break
[05:49] {Threei} daily looks right
[05:49] {Threei} and some buys pre-market
[05:51] {magoo} good volume too :)
[05:52] {cosmo} BRLC thinks its a gm
[05:52] {cosmo} 6.55 pr mkt high
[05:53] {Threei} news?
[05:53] {cosmo} Syntax Ups Calendar-Year Sales Outlook
[05:53] {cosmo} AP (Mon 7:01am)
[05:54] {cosmo} should hold 6.2
[05:55] {cosmo} must hold 6.1 omho
[05:59] {DaveG} we are moving our office today, so i will be in and out
[05:59] {Raven} Morning all :)
[05:59] {Threei} R :)
[05:59] {DaveG} morning Raven
[06:00] {Threei} any pianos dave?
[06:00] {DaveG} no :)
[06:00] {Threei} ok then... those are tricky to move
[06:00] {DaveG} big screen tv though
[06:00] {Raven} 3i and Dave :)
[06:05] {Threei} HOKU is trying to gather forces once again... amassing troops at the 14.40 border
[06:05] {Threei} magoo... does your crystal ball shows 15?
[06:10] {markweb} gm winners!
[06:10] {Threei} hi mark
[06:12] {dino} gm all
[06:12] {Threei} dino :)
[06:13] {Threei} any chance you would put your elbow in magoo's ribs? he fewll asleep on hello
[06:13] {dino} np
[06:14] {magoo} vad, on hoku, my only reservation pre mkt is tghe volume is low compared to days the assualts were launched
[06:14] {magoo} not saying no to 15,....just would like alot more volume
[06:14] {Threei} good job in elbow department, dino
[06:15] {magoo} vad, lets keep eye on redf
[06:15] {magoo} powerful
[06:16] {DaveG} it's up on buyout rumor, fwiw
[06:16] {magoo} BRLC hitting scanners now
[06:16] {Threei} 27.50 highs to break for REDF
[06:16] {magoo} news cos? brlc?
[06:16] {Threei} nasty spread too
[06:16] {Threei} XING btw
[06:17] {Threei} over 14 resistance
[06:21] {dptl} gm all
[06:21] {Threei} dp :)
[06:23] {esemde} Hi everyone...back from Whistler.....tired but i'm going to try and hang in there
[06:23] {Threei} hi ese, welcome back
[06:25] {esemde} Brutally hot weather.....39 degrees one day
[06:25] {Threei} wow
[06:26] {Threei} was very moderate and nice here
[06:26] {DaveG} ummmm, 39 is like freezing
[06:26] {esemde} you might as well have laid done over top of a babecue
[06:26] {esemde} celcius
[06:26] {Threei} ummm dave, consider F vs C
[06:27] {DaveG} oh
[06:27] {DaveG} nevermind
[06:27] {Threei} you earned your fist for today:
[06:27] {lklarson} gm all
[06:27] * Threei slaps DaveG around a bit with a large trout
[06:27] {Threei} lkl :)
[06:27] {DaveG} :)
[06:27] {esemde} lkl
[06:27] {Threei} HOKU, 14.40 break long, risky
[06:28] {Threei} ASIA, 1050 break long
[06:28] {Threei} 10.50 too
[06:29] {magoo} keep eye on BRLC too vad
[06:30] {Threei} XING .31 long, risky
[06:30] {Threei} stop under 14.10
[06:31] {Threei} come on HOKU, you can do it
[06:31] {Threei} stop 14.15 if triggers from here
[06:32] {Threei} no trigger...
[06:32] {Threei} XING half out who got it
[06:32] {Threei} scalpers take profit
[06:37] {Roman} JADE interesting
[06:37] {Roman} daily breakout
[06:39] {dino} tasr
[06:39] {Threei} HOKU broke
[06:39] {Roman} where is your entry Vad?
[06:40] {Threei} same stop as before 14.15
[06:40] {Threei} 14.40 break
[06:40] {cosmo} FRPT
[06:42] {Threei} 14.55 break should take HOKU to .70
[06:44] {Roman} CSUN
[06:48] {cosmo} GEOY
[06:49] {cosmo} no news
[06:50] {Threei} ELON small shares 21 long
[06:53] {dino} elon
[06:53] {dino} opps
[06:54] {Threei} NQ doesn't help
[06:56] {Threei} ugh
[06:57] {Threei} sitting things out for now
[06:58] {DaveG} out all AHM puts +1.50 from .40 and .50
[06:59] {lklarson} stopped elon
[06:59] {dino} risky, hl s artwc .49
[06:59] {dino} artw
[06:59] {Threei} yeah
[07:00] {Threei} HOKU is not looking brilliantly either
[07:00] {Threei} XING is the only thing that worked so far
[07:01] {lklarson} stopped hoku
[07:03] {dino} artw stopped
[07:03] {Threei} XMSR
[07:03] {DaveG} if i got anyone into AHM puts or shorts, GET OUT NOW
[07:04] {Threei} have you ever posted entry?
[07:04] {DaveG} i dont remember
[07:04] {DaveG} its been a long trade
[07:04] {DaveG} just wanted to make sure
[07:04] {Threei} .56 long XMSR
[07:05] {Threei} .44 stop
[07:06] {dptl} man....i am still not doing anything...LaserDave going to get slaped when come back..
[07:06] {dino} lol
[07:08] {dptl} tasr at .75 maybe
[07:08] {Roman} DSTI long setup
[07:08] {Roman} looking to enter 6.60
[07:09] {Roman} 1/3 siz
[07:09] {Threei} CPHD?
[07:09] {Threei} XMSR 1:1, half out
[07:16] {Roman} REDF high of the day
[07:16] {_trader100} brlc
[07:18] {magoo} BRLC vad
[07:19] {Threei} 6.81 if stays above 6.70 from now on
[07:19] {dino} oxps
[07:27] {Threei} NVDA .18 long
[07:27] {Threei} .09 stop
[07:28] {Threei} move your butt already XMSR
[07:29] {Threei} XMSR 1:2
[07:31] {magoo} any bounce play XIUNG vad}?
[07:31] {Threei} NVDA 1:1
[07:31] {Threei} not sure XING... was watching around 14 and couldn't get a feel for it
[07:31] {Roman} long VDSI
[07:31] {lklarson} out nvda 1:1
[07:32] {Roman} 24.32 area small
[07:36] {Roman} BOOM
[07:36] {Roman} possible breakout
[07:37] {Roman} ELON back
[07:40] {magoo} where u waiting NVDA vad?
[07:42] {Threei} .45
[07:42] {Threei} stop for the balance .29
[07:46] {Roman} out 1/2 VDSI +.33
[07:49] {Threei} PAYX .81 long
[07:49] {Threei} .69 stop
[07:49] {Threei} .65 sorry
[07:50] {Roman} took some DSTI 6.60s
[07:51] {Roman} PARL Parlux Fragrances announces Nasdaq Compliance Notice (4.88 +0.14)
[07:54] {Threei} CSCO
[07:55] {Threei} not my favorite stock... but daily is too good for 30 break
[07:55] {Threei} PAYX stop to .69
[08:00] {magoo} any read ELON vad?
[08:01] {Threei} no
[08:01] {Threei} it's upward bound but just won't allow for clean entry read
[08:01] {magoo} k
[08:01] {Roman} out 1/2 DSTI +.48
[08:03] {Threei} 1:1 PAYX
[08:03] {Roman} out + PAYX thanks Vad
[08:03] {Threei} welcome
[08:14] {lklarson} ok xmsr get into pre frenzy mode
[08:15] {lklarson} nice wall on csco
[08:19] {Threei} ALTR .46 long if stays above .35
[08:26] {Threei} we need new momo player
[08:26] {Threei} HOKU, LOCM, DNDN all got old and tired
[08:27] {magoo} i thought it was to be BRLC
[08:27] {Threei} too heavy
[08:28] {dino} mtox
[08:32] {lklarson} in ALTR
[08:32] {magoo} AMZN bouncer vad?
[08:33] {Threei} no read AMZN
[08:34] {Threei} SBEI
[08:35] {Roman} MDII MDI awarded Multi-State Blanket Purchasing Contract from Texas Education Service Center to Supply Systems to Schools (1.45 +0.08)
[08:36] {Roman} in
[08:45] {DaveG} new low on redf, nice
[08:50] {Threei} one more jump please ALTR
[08:55] {lklarson} vad, use both with nails on ALTR please
[08:55] {lklarson} boot
[08:57] {Threei} with this INCA offer, need a lot of power... :)
[08:57] {dptl} inet you mean
[08:57] {Threei} there
[08:57] {lklarson} ok, add electric shock to it
[09:08] {Threei} DYII??
[09:08] {Threei} sheesh
[09:08] {lklarson} wow
[09:09] {Threei} scary thought: it's shortable
[09:10] {DaveG} lol
[09:10] {DaveG} i think i'll pass :)
[09:11] {lklarson} me too, lol
[09:11] {Threei} shorted 300 shares 7, covered 6.51, now wait for me, I'll go have my heart attack
[09:12] {lklarson} nice:)
[09:25] {DaveG} wtg
[09:25] {Threei} ALTR stop to .39
[09:36] {Threei} ALTR stop to .44
[09:36] {Threei} risk is next to zero at this point
[09:50] {dino} antp spike
[10:10] {DaveG} nq dumping
[10:14] {dino} partial fill s span .35
[10:17] {magoo} nvda held thru that pullbk vad
[10:18] {Threei} yeah, probably gathering forces for new highs
[10:18] {Threei} daily is very nice
[10:42] {magoo} any read aapl vad? poss short?
[10:43] {Threei} either 130 break,
[10:43] {Threei} or aggressively when NQ reverses
[10:45] {magoo} nvda bounce candidatew? fell right after i prazed it strength
[10:45] {DaveG} praised
[10:46] {Threei} it may post dpuble bottom bounce but will largely depend on NQ
[10:46] {Threei} closer to midday/eod they tend to become more of a followers even if defied NQ earlier
[10:50] {dino} cov span .30, +1.05
[10:50] {DaveG} nice
[10:50] {dino} thx
[10:52] {magoo} dyii back vad
[10:52] {magoo} long ?
[10:53] {Threei} lol... sure looks like it wants to surprize, but you know the risk on this one
[10:53] {Threei} I'd say, if those offers around .30 get hit, wqith stop under 7
[10:54] {Threei} AAPL
[10:55] {Threei} if you grabbed 138 break, stop is above 138.20
[10:55] {Threei} aggressive entry worked best on it but wasn't easy to enter on the go
[10:56] {DaveG} strong selling
[11:02] {Threei} feel free to cover AAPL
[11:02] {magoo} good read vad
[11:02] {Threei} just followed NQ
[11:10] {DaveG} out 1/2 REDF puts +.55, from .50
[11:12] {dino} gj
[11:13] {DaveG} ty
[11:37] {BillyD} Hi guys
[11:37] {Threei} hi Billy, welcome back!
[11:38] {magoo} BBBBBBBBBBIIIIIIIIIIIIIIIIIILLLLLLLLLLLLLLLLYYYYYYYYYYY
[11:38] {BillyD} ty...great to be back
[11:38] {BillyD} magoo
[11:38] {DaveG} wb billy
[11:38] {BillyD} Dave :0
[11:39] {esemde} i'm new to the board..pleased to meet you Billy
[11:40] {BillyD} DYII a player
[11:40] {magoo} feels like 8 doesn't it vad?
[11:41] {dino} welcome back billyd
[11:41] {BillyD} thx dino
[11:41] {Threei} very much magoo
[11:42] {BillyD} Vad...you have an entry on DYII....it pops up and down by .30-.40
[11:43] {Threei} we had 7.30 as last entry attempt
[11:43] {BillyD} ok
[11:43] {Threei} volatility is disgusting
[11:43] {Threei} hard to control, risk to meaningful degree
[11:43] {BillyD} yes played twice already
[11:45] {dino} mtox hl l .50
[11:46] {dino} ceco
[11:46] {dino} exbd
[11:50] {Threei} magoo... see how AAPL follows NQ? and how it was much more independent in the morning
[11:50] {magoo} yes..u better at it than i..but i noticed
[11:51] {dptl} man...i am live now.......at the end of the day
[11:51] {Threei} hmmm
[11:51] {Threei} as your first live trade dp... buy 10K of DYII
[11:51] {dino} hl s cedc .60
[11:51] {Threei} at market
[11:52] {Threei} if you get filled up to 8, it will do good to those who look for exit
[11:52] {Threei} and will count as your good deed
[11:52] {dptl} Vad any idea why on my level2 i can only see arca and nothing else?
[11:53] {Threei} something needs to be configured I'd guess
[11:53] {Threei} or turned on on broker side
[11:53] {Threei} not sure... it's been too long since I first started using laser :)
[11:53] {Threei} better ask laserdave
[11:54] {dptl} i see
[11:56] {dino} cedc bstop to .35
[11:57] {BillyD} magoo, dino see dcc when have a minute
[11:57] {dino} cov .36, +.24
[11:57] {BillyD} nice dino
[11:58] {dino} lucky
[11:58] {BillyD} still...hehe
[12:01] {magoo} aapl read here vad?
[12:01] {magoo} short?
[12:02] {Threei} if stays under .25
[12:02] {Threei} this is closest resistance,
[12:02] {Threei} whereever you short it, stop should be .26
[12:02] {Threei} and short entry is NQ dependent
[12:02] {Threei} not on stock's own merit
[12:02] {magoo} tough entry here
[12:02] {Threei} yes
[12:03] {Threei} can't nail entry by its chart
[12:03] {Threei} gotta go with NQ following
[12:03] {Threei} highly discretionary play
[12:06] {dino} hl s cedc .60
[12:06] {BillyD} ELON just jumps around
[12:06] {BillyD} hard to spot entries
[12:07] {Threei} too volatile
[12:07] {dino} cov .20, +.40
[12:21] {Threei} hard to believe but even HOKU started following NQ
[12:34] {BillyD} DYII L2 a light show
[12:35] {BillyD} and vanishing show
[12:35] {Threei} lol
[12:40] {BillyD} I see we are resting up for tomorrow
[12:41] {Threei} nasdaq you mean?
[12:41] {BillyD} all of us
[12:41] {BillyD} quiet
[12:41] {Threei} end of day... no trend...
[12:41] {Threei} no hot movers
[12:42] {BillyD} I know, but magoo usually makes a ruckus
[12:42] {Threei} he has monday syndrom I guess
[12:42] {BillyD} lol
[12:42] {Threei} he is as good at making ruckus as you remember
[12:43] {BillyD} ok....things are normal
[12:44] * magoo slaps BillyD around a bit with a large trout
[12:44] {BillyD} I am in right room
[12:50] {Threei} sheesh DYII
[12:50] {BillyD} yeah.....one you have to pick a good stop area and enter reasonably
[12:51] {BillyD} with an anticipated outcome being up or down
[12:53] {dino} mtox stopped
[12:57] {Threei} ok guys, thak you all
[12:57] {Threei} have a good evening, see you tomorrow
[12:57] {BillyD} cya tomorrow
[12:57] {magoo} bye vad
[12:58] {BillyD} magoo...did you see my dcc
[12:58] {magoo} noi
[12:58] {BillyD} look at it
[12:58] {magoo} dcc billy
[13:00] {lklarson} take care all
[13:00] {DaveG} have a great evening gang
[13:00] {DaveG} cyall am
[13:00] {dino} u2 dave.
[13:01] {dino} thats all for me later all
Session Close: Tue Jul 17 00:00:00 2007