Session Start: Tue Nov 20 00:00:00 2007
Session Time: Tue Nov 20 00:00:00 2007
[05:09] {Threei} ASIA
[05:09] {Threei} LAUNCHES MOBILE E-COMMERCE SOLUTION AND WINS CONTRACT WITH CHINA MOBILE- Announced that it has launched a new mobile e-commerce solution, and won a contract with China Mobile for a bonus point management platform. AsiaInfo is the first in China to offer such a solution.
[05:15] {BillyD} morning Vad
[05:15] {Threei} Billy :)
[05:16] {Threei} I assume we are getting old? waking up way too early...
[05:16] {Threei} falling asleep in front of TV in the evening...
[05:16] {BillyD} lol
[05:17] {Threei} disapproving today's youth...
[05:17] {BillyD} actually hit the snooze 4 times this morning
[05:17] {BillyD} sleeping in
[05:17] {Threei} picking softer cheeses...
[05:18] {Threei} on other hand... added more weights to my barbell yesterday... hmmm... state of confusion
[05:19] {Threei} where is cosmo, he usually helps me out of this state
[05:19] {Threei} mostly by demonstrating that my confusion is nothing
[05:19] {BillyD} he's probably assessing your situation
[05:22] {Threei} noticed last blog post?
[05:22] {Threei} http://www.realitytrader.com/blog/2007/11/old-ways-new-results.html
[05:22] {Threei} I was actually amazed when realized how common it is
[05:23] {BillyD} let me read
[05:28] {BillyD} what is the underlying reason people won't change....admitting it's not working?
[05:29] {Threei} comfort zone
[05:29] {Threei} staying with what is familiar, no matter whether it's working
[05:29] {BillyD} read some TTR yesterday
[05:29] {Threei} desire to make it work by minor tweaks
[05:30] {Threei} not by major rewamping
[05:30] {BillyD} focus on stock movement to keep map in alignment w/ territory is key
[05:30] {Threei} unwillingness to admit chosen direction is fundamentally wrong
[05:30] {Threei} ah TTR... I really need to read that
[05:31] {Threei} people keep saying I should
[05:31] {Threei} *OCT HOUSING STARTS: 1.229M V 1.17ME; BUILDING PERMITS: 1.178M V 1.2ME
[05:31] {BillyD} lol
[05:31] {Threei} FCEL SELLS THREE DFC300 POWER PLANTS TO EASTERN MUNICIPAL WATER DISTRICT IN CALIFORNIA
[05:38] {dino} gm all
[05:39] {Threei} dino :)
[05:39] {Threei} made it long weekend yesterday? :)
[05:40] {dino} yes. plus had 6 inches of snow
[05:40] {Threei} yikes!
[05:42] {BillyD} gm dino
[05:43] {Threei} EURO BREAKS ABOVE THE THE 1.48 LEVEL FOR THE FIRST TIME EVER
[05:44] {Threei} "thank you OPEC" I'd guess
[05:46] {dino} gm billy
[05:49] {cosmo} BCSI
[05:50] {cosmo} 39
[05:50] {cosmo} .. a pre mkt test...
[05:52] {Threei} we had a beautiful selloff on CIEN yesterday dino... totally your type
[05:53] {Threei} was so overdone even visually
[05:55] {dino} i'll take a look
[06:08] {Threei} CHINESE PM WEN: SEES 2007 GDP GROWTH AROUND 11.5%
[06:09] {cosmo} RSTO pre mkt high = 7.40 fwiw
[06:14] {Threei} 11/19/07 05:34pm [RSTO] Sears said it proposed an acquisition of RSTO and seeks non-public information; Sears also reported a 13.67% stake in the company
[06:17] {esemde} morning all
[06:17] {Threei} ese :)
[06:17] {esemde} anything looking good
[06:17] {BillyD} ese, cosmo :)
[06:18] {esemde} I mean....you look good in the morning Vad but I mean you know....stock wise....
[06:18] {cosmo} BCSI pre mkt high = 39.40
[06:18] {cosmo} BD:)
[06:19] {Threei} ummm... you may have a problem with your sight, ese... {G}
[06:22] {dino} fre tagged
[06:22] {cosmo} rsto
[06:22] {dptl} good morning all :)
[06:22] {Threei} 07:31am [FRE] Reports Q3 -$3.29 v 0.51e (includes items), R-$678M v 1.56Be (unclear if comparable), says to consider cutting Q4 dividend by 50%more.. - Engaged Goldman Sachs and Lehman as financial advisor to help it consider very near term capital raising alternatives - "Without doubt, 2007 has been an extremely difficult year for the country's housing and credit markets and, as our third quarter financial results reflect, we have been imp
[06:23] {Threei} dp :)
[06:23] {dino} fnm w/it too
[06:25] {BillyD} never realized how much money was highly leveraged into housing
[06:25] {Threei} read: never realized how deeply the concept of tulips was misunderstood? :)
[06:26] {BillyD} ok.....
[06:26] {BillyD} lol
[06:27] {BillyD} usual suspects so far tis morning Vad
[06:27] {BillyD} CSIQ, RIMM
[06:27] {Threei} nothing changed over last 3-5 centuries eh?
[06:27] {BillyD} nope....human behavior the same
[06:28] {cosmo} we recently re-entered a bronze age i thot
[06:28] {cosmo} ...checking
[06:28] {Threei} and quickly moving toward stone one
[06:28] {Threei} backward?
[06:29] {cosmo} yea
[06:29] {cosmo} no no
[06:29] {cosmo} bronze is good
[06:30] {Threei} FRE panic
[06:33] {Threei} BCSI small shares long around 39
[06:33] {Threei} desirably if loses it and sells quickly
[06:34] {Threei} finger on a trigger
[06:35] {Threei} in
[06:35] {Threei} stop .40
[06:35] {Threei} stopped
[06:36] {Threei} shaekout
[06:36] {dino} cien l hl .21, stop .84
[06:39] {Threei} nice CIEN
[06:39] {dino} out .84, +.63
[06:40] {dino} ty
[06:40] {BillyD} wtg
[06:40] {dino} and ty for the idea
[06:40] {Threei} :)
[06:41] {dino} fast drop
[06:41] {Threei} BCSI 39.11 long trigger, small shares
[06:42] {Threei} stop under 38.80
[06:45] {Threei} half out .48
[06:45] {Threei} scalpers take profit
[06:45] {BillyD} out full +.34
[06:45] {BillyD} thx
[06:45] {Threei} welcome
[06:46] {dino} bidz
[06:46] {Threei} stop just under 39 for the balance
[06:47] {Threei} missed AMZN... watching for pullback buy
[06:47] {Threei} as close to 80 as possible
[06:48] {Threei} in
[06:48] {dino} ocnf l .10, thin
[06:48] {Threei} .96
[06:48] {Threei} stop .75
[06:48] {Threei} .74 to be exact
[06:48] {dino} stop .89
[06:49] {Threei} 'half out AMZN
[06:49] {Threei} .48... +.56 I think
[06:49] {Threei} stop 79.89
[06:50] {BillyD} out AMZN avg around .35
[06:50] {BillyD} my PC froze up a bit when it spiked to .50
[06:54] {Threei} out BCSI balance
[06:54] {dino} onxx hl l .61
[06:54] {Threei} AMZN stop to .49
[06:55] {dino} gj
[06:55] {Threei} ty
[06:57] {Roman} CROX long on 39.55 break
[06:59] {Threei} RIMM non-stop... wow
[07:01] {Threei} LUNA again...
[07:01] {Threei} what a tough read
[07:02] {dino} rimm nice
[07:02] {Threei} out AMZN balance
[07:02] {Roman} long CROX 1/3
[07:02] {dino} ocnf out .44, +.34
[07:04] {dino} silc
[07:07] {Threei} AKAM .90 break half lot long
[07:07] {Threei} if holding above .75
[07:10] {BillyD} in akam
[07:10] {Threei} LUNA to the moon
[07:11] {Threei} (pun intended and admittedly lame)
[07:11] {BillyD} rofl
[07:12] {Threei} AKAM stop to .79
[07:13] {Threei} not sure about NQ here, want to tighten things a bit
[07:15] {Threei} out AKAM
[07:15] {BillyD} same here
[07:16] {dino} silc s hl .00
[07:16] {dino} stop .35
[07:17] {dino} make it .10
[07:17] {Threei} URRE
[07:17] {Threei} your baby Roman
[07:25] {Threei} time for NQ resumption
[07:26] {Threei} RIMM should be log very soon
[07:26] {Threei} long
[07:26] {Threei} very soon meant like next second, lol
[07:28] {Threei} nailed NQ reversal to the minute
[07:28] {Roman} stopped CROX
[07:28] {dino} silc stopped -.10
[07:28] {Threei} ANAD .21 long
[07:29] {Threei} sheesh... that was fast
[07:29] {Threei} anyone managed to get it?
[07:30] {Threei} won't track it if not
[07:30] {BillyD} not here
[07:30] {Threei} there was solid ask at .20, it just cut through like it was nothing
[07:30] {BillyD} it was .26 and higher when I saw it
[07:31] {Threei} was .19 while I typed, lol
[07:31] {Threei} and it's not particularly too jumpy stock
[07:41] {Threei} CAST?
[07:42] {cosmo} BIDZ
[07:42] {cosmo} gonna test 20
[07:44] {esemde} following CSIQ looking for spots to enter....looks to have stopped it's slid and 15.95/.96 looks enterable on a break...
[07:45] {Threei} I don't know... this stock doesn't behave on breaks
[07:45] {BillyD} it seems to have lost momo
[07:45] {BillyD} for now
[07:48] {esemde} l CSIQ .94.....
[07:49] {esemde} stop .70
[07:51] {esemde} oh oh....
[07:51] {esemde} need the nq and s&p to help me here
[07:51] {esemde} out. .72
[07:52] {Threei} phew... good exit
[07:52] {BillyD} good stop
[07:52] {Threei} rug got pulled hard
[07:52] {esemde} oh well......decided to hit the trigger rather than wait
[07:54] {esemde} I still think this has upside potential
[07:54] {esemde} not right now obviously
[07:56] {Threei} I am sure it does
[07:56] {Threei} this is not looking like ne day wonder
[07:56] {Threei} one
[07:57] {Threei} it's just this stock's personality, gotta trade it on deep pullbacks for now
[07:57] {Threei} when momo returns to it it will be more forgiving
[07:57] {Threei} but even when it was hot it didn't reward breakout buys
[08:00] {dino} jobs
[08:00] {dino} thin
[08:00] {Threei} NIGERIA'S FORCADOS JANUARY OIL EXPORTS WILL EXCEED DEC PLAN - WIRE HEADLINE CITING A TRADER
[08:01] {Threei} SFSF IPO OPENS FOR TRADING AT $13.00
[08:01] {Threei} I am lost
[08:02] {Threei} this is second time in as many days when fresh IPO has previous daily chart
[08:02] {dino} lol
[08:02] {Threei} what do I miss
[08:03] {Threei} next thing we know, delisted setocks continue trading... and that's how we know we are in some other universe
[08:04] {Threei} IRAN/EU NUCLEAR TALKS POSTPONED AFTER IRAN CANCELS; IRAN SAYS ITS ENVOY IS ILL - WIRE HEADLINE CITING OFFICIALS
[08:06] {dino} fmcn
[08:06] {dino} eric drop
[08:07] {Threei} AMZN small shares .70 long if NQ resumes upward
[08:07] {BillyD} looking at AKAM again
[08:07] {BillyD} not sure it participates as willingly as AMZN
[08:09] {Threei} AMZN invalidated for now
[08:10] {Threei} wow ERIC
[08:10] {Threei} SAYS Q4 SALES LIKELY TO BE IN LOWER END OF RANGE OF SK53-B-60B - WIRE CITES NY PRESENTATION
[08:10] {Threei} - Says Europe, US markets 'tighten'
[08:10] {dino} onxx stop to .85
[08:11] {dino} out onxx +.24
[08:12] {Threei} dino is bidding ERIC at 24.30 as we speak :)
[08:13] {dino} 25.21
[08:13] {Threei} 9 cents error :)
[08:13] {dino} 1.09
[08:13] {Threei} oh... sorry, mistype
[08:13] {Threei} meant 25
[08:13] {dino} not going to get it
[08:14] {Threei} I think you will
[08:14] {Threei} or not
[08:16] {dino} thoughts fmcn?
[08:17] {Threei} none... hate this stock, never can get a reliable read on it
[08:17] {dino} hmmm
[08:17] {Threei} short RIMM
[08:17] {dino} missed by 1 cent but beat on revs
[08:17] {Threei} stop above .20
[08:18] {dino} strang punisjhment
[08:18] {Threei} covered half
[08:18] {Threei} stop to above 114
[08:18] {esemde} have to be off...you all have a great rest of the day..
[08:18] {dino} my spelling sucks again i see
[08:19] {Threei} take care ese
[08:19] {dino} cya ese
[08:19] {Threei} you are lucky dino... it means it improves now and then
[08:19] {Threei} while mine stays just as bad all the time
[08:19] {dino} hl l .59 fmcn
[08:19] {Threei} but I pride myself in consistency
[08:20] {dino} lol
[08:20] {dino} eric hit .35
[08:21] {Threei} good boy RIMM
[08:21] {Threei} down boy down
[08:22] {dino} got it .42
[08:22] {Threei} ERIC?
[08:23] {Chaeron} he's not here... good morning all
[08:23] {Chaeron} :)
[08:23] {dino} y
[08:23] {Threei} hey Chaeron :)
[08:24] {Threei} RIMM, my dear
[08:24] {Threei} stop to .40
[08:24] {Threei} ready to cover
[08:24] {Threei} .25 stop
[08:24] {Threei} out
[08:24] {Threei} +.96
[08:24] {dino} fmcn stopped -.40
[08:26] {dino} nice
[08:29] {BillyD} AMZN hanging around
[08:32] {dino} out eric .86, +.44
[08:32] {BillyD} nice
[08:33] {Threei} it's valid again ifdd not losing .50 anymore
[08:33] {dino} thx
[08:33] {Threei} and if NQ helps of course
[08:33] {BillyD} yes
[08:46] {dino} eric lod
[08:48] {Threei} AMZN starts looking to me as more than scalp
[08:48] {Threei} holding too well
[08:48] {BillyD} strong
[08:50] {dino} itri
[08:53] {Threei} half out AMZN
[08:54] {Threei} strop to .59
[08:56] {dino} ravn
[09:02] {Chaeron} Laser Dave - dcc please?
[09:04] {dino} rimm fall
[09:05] {Threei} oh how mightiest fall
[09:05] {dino} bidu too
[09:05] {Threei} sorry... poetic moment
[09:05] {Threei} wanted to short 113 breakdown but fell asleep
[09:06] {Threei} well... not exactly but might as well
[09:06] {dino} yeah, was in middle of bowflex set
[09:06] {BillyD} lol
[09:06] {dino} mkt falling fast
[09:15] {Threei} one more leg down and then bounce time
[09:16] {Threei} waiting patiently for RIMM and AMZN
[09:21] {Threei} ESLR TICKS OFF LOWS ON RENEWED TAKEOVER CHATTER
[09:21] {Threei} almost ready
[09:22] {Threei} in AMZN
[09:22] {Threei} stop under .60
[09:22] {Threei} missed RIMM, maybe pullback closer to 111
[09:23] {Threei} yeah right RIMM says
[09:24] {Threei} half out AMZN +.22
[09:24] {BillyD} lol...same here
[09:24] {Threei} :)
[09:26] {dino} fmcn l hl ,54
[09:26] {BillyD} out rest +.39
[09:27] {Threei} wtg'
[09:27] {BillyD} ty
[09:27] {Threei} perfectly timed entry eh?
[09:27] {dino} gj bd
[09:27] {BillyD} yes....break of .82
[09:27] {BillyD} ty dino
[09:28] {Threei} out second half .30
[09:28] {Threei} +.48
[09:28] {BillyD} didn't really see the NQ break at first though
[09:28] {Threei} it wasn't break
[09:28] {Threei} it was bottoming out
[09:29] {Threei} RIMM comes home
[09:29] {Threei} finger on a trigger
[09:29] {BillyD} u were just reading and not waiting for break right
[09:29] {dino} swtopped -.34, done w/it
[09:34] {Threei} in RIMM , just a scalp this time
[09:34] {Threei} out +.35
[09:34] {BillyD} nice
[09:35] {BillyD} didn't enter
[09:35] {Threei} too soon
[09:35] {Threei} but wasn't reallt confident here
[09:42] {Threei} wow
[09:42] {Threei} that's some hectic action
[09:42] {Threei} glad to be on a sideline
[09:43] {dino} wow rimm
[09:43] {BillyD} I took off L2
[09:43] {BillyD} too wild RIMM
[09:45] {dino} lol
[09:45] {Threei} feels like short for one more leg down
[09:46] {Threei} short .94
[09:46] {Threei} 110.11 stop
[09:46] {Threei} 109.11, sorry
[09:46] {Threei} no, 110
[09:46] {Threei} lol
[09:47] {BillyD} lol
[09:47] {Threei} out anyway
[09:47] {BillyD} how can you even think with that one
[09:47] {Threei} apparently can't
[09:47] {Threei} still feeling of a short
[09:47] {Threei} gotta find better entry
[09:48] {Threei} in
[09:49] {Threei} stop .81
[09:49] {Threei} out .30
[09:49] {Threei} +.36
[09:49] {Threei} real challenge for my math abilities...
[09:50] {Threei} I click faster than I compute
[09:50] {BillyD} you have a good read on it
[10:03] {Threei} ready for one more
[10:05] {Threei} couldn't post in time... .36 -.70
[10:05] {Threei} offering second half 110
[10:06] {Threei} or stopping 109.20
[10:06] {Threei} stop it is
[10:07] {BillyD} I thought u were looking for short entry w new low in mkt
[10:07] {Threei} I obviously should, lol
[10:08] {dino} pretty brutal selloff from hod
[10:08] {BillyD} yes
[10:19] {dino} hl l rimm .50
[10:21] {Threei} in .29
[10:22] {Threei} half out .65
[10:22] {dino} you dog
[10:23] {Threei} rufff
[10:23] {Threei} 110.30 for second half
[10:23] {Threei} call me greedy
[10:24] {BillyD} greedy
[10:24] {Threei} but proftable
[10:25] {BillyD} you said call you that
[10:25] {BillyD} trying to help
[10:25] {Threei} ty
[10:25] {dino} :)
[10:25] {Threei} good to know I have friends to count on
[10:25] {BillyD} we are here for you
[10:26] {Threei} stop to .45
[10:26] {Threei} ok ok, I get it
[10:26] {Threei} out
[10:28] {dino} stopped -.40
[10:28] {dino} bidu sm l 309.25
[10:31] {dino} out 310.35, +1.10
[10:33] {BillyD} nice one
[10:33] {dino} lucky, but ty
[10:33] {dino} rimm rinsed me
[10:36] {Threei} me too on second half
[10:46] {Threei} feels like we saw the low for the day
[10:46] {hawkfan4} Fed minutes released in 14 minutes fwiw
[10:46] {Threei} ty
[10:46] {Threei} I expect hawkish comments from them
[10:46] {Threei} whether market believes them is another matter of course :)
[10:56] {Threei} PREVIEW: MINUTES OF THE OCT 31 FOMC MEETING DUE OUT AT 2PMET
[10:56] {Threei} - Financial markets strains have eased somewhat; inflation and growth risks are now balanced
[10:56] {Threei} - Housing likely to slow pace of economic expansion, sees intensification of housing downturn
[10:56] {Threei} - Will act as need to foster price stability and growth
[10:56] {Threei} - Says recent increases in energy, commodity prices could
[10:56] {Threei} PREVIEW: FOMC QUARTERLY ECONOMIC FORECAST - The Fed will commence steps to increase the transparency of their economic outlook when they release the first of their quarterly forecasts with the Oct 31st minutes. The new forecast will cover an extended horizon of 3-years, inflation forecasts for both core and headline PCE, real GDP, and unemployment rates. Particular focus will likely be paid to the initial forecast for headline PCE, as it im
[10:57] {Threei} stabilizing the overall inflation rate not just the core. The 2007 headline PCE projection is likely to exceed 3%, which would be the third increase of more than 3% in the past four years. However it is very possible the Fed's central forecast will assume softer food and energy prices in 2008 and 2009 due to current futures prices.
[10:57] {Threei} This could lead to projections of the overall PCE rate below the core rate in both years before returning to neutral in 2010. The 2008 core PCE projection could provide a more discouraging look. There is a risk, however, that FOMC members will fear that exchange rate and energy cost issues will result in some backsliding on the core PCE price index in 2008. If the central tendency is on the high side of 2.0% for 2008, a rate cut would face
[10:58] {Threei} - Market participants will be left to ask. Do the new projections and increased discussions surrounding the data put a dent in the widening gap between market expectations and Fed forecasts. Jan Fed Fund Futures still project better than an 85% chance of another rate cut to 4.25% at the December meeting.
[10:58] {Threei} anyone needed this bunch of nonsense?
[10:59] {BillyD} is that your summary recap
[10:59] {Threei} pretty much
[10:59] {dino} hmmm
[10:59] {Threei} my deep conviction:
[10:59] {BillyD} ty...save me the homework for tonight
[11:00] {Threei} - few organizations caused as much harm to US economy as Fed
[11:00] {dino} yes
[11:00] {Threei} - few people caused as much harm to US economy as Greenspan
[11:00] {Threei} - Fed should be abolished, interest rate should be freely "traded" tool
[11:01] {Threei} there
[11:01] {Threei} economy by iliterature
[11:01] {Threei} *OCT 31 FOMC MINUTES: CALL OCT CUT A CLOSE CALL
[11:03] {Threei} *FOMC ECONOMIC AND INFLATION FORECAST: CUTS 2008 GROWTH FORECAST TO 1.8%-2.5% FROM 2.5%-2.75%
[11:09] {Threei} I am getting seasick
[11:09] {BillyD} interrupts sleep
[11:19] {Threei} pre-minutes low held
[11:20] {Threei} for now at least
[11:21] {Threei} still feels like the low for the day has been set
[11:21] {Threei} with such volatility though forecasts can futile
[11:25] {dino} sm l bidu 311
[11:27] {Roman} today is panic day ?
[11:27] {Roman} i think so
[11:27] {Threei} neww low
[11:27] {Threei} not good
[11:28] {Threei} last person exiting, turn off the lights
[11:31] {Threei} bounce time
[11:32] {Threei} in RIMM
[11:33] {Threei} stopped, too soon
[11:33] {Threei} will retry
[11:34] {Threei} got 108.02
[11:34] {Threei} sheesh, no way to post in time
[11:35] {Threei} half out .60
[11:35] {dino} fast one, i can't post them all on it either
[11:40] {Threei} out second half
[11:40] {Threei} +1.19
[11:42] {dino} gj
[11:48] {Threei} ONSM ALL MOBILE VIDEO PARTNERS WITH ONSTREAM MEDIA TO OFFER WEBCAST SERVICES AND DIGITAL ASSET MANAGEMENT SOLUTIONS
[11:49] {Threei} fluff
[11:49] {BillyD} isn't that your baby
[11:49] {Threei} long ago
[11:50] {BillyD} just like you: date 'em and dump em
[11:52] {dino} back in 15
[11:53] {Threei} back in RIMM
[11:54] {Threei} stop under .40
[11:55] {Threei} nope
[11:55] {BillyD} it blisters thru doesn't it
[11:55] {Threei} pretty much
[11:55] {Threei} hot stock at a hot time
[12:00] {Threei} this NQ retreat is much lower volume
[12:00] {BillyD} do you get vol bars w/ NQ
[12:01] {BillyD} I don't with NDX
[12:01] {Threei} yes
[12:03] {Threei} a lot of cut fingers today I'd guess
[12:04] {BillyD} ?
[12:04] {Threei} falling knives?
[12:04] {BillyD} I c
[12:06] {Threei} {Fed} is it something I said?
[12:16] {BillyD} amazing how dead scanner has been
[12:16] {dino} drys
[12:31] {Threei} anyone getting dizzy?
[12:32] {dino} chaos
[12:32] {BillyD} geez...thinking time to short .50 ago on AMZN...glad I passed
[12:32] {cosmo} rough surf
[12:33] {dino} we really missed rimm at 108
[12:33] {Threei} I scalped it twice
[12:33] {Threei} both time exited too soon
[12:34] {Threei} 107.39 to 108.07
[12:34] {Threei} and 108.74 to 109.20
[12:38] {Threei} almost 40 points bounce NQ
[12:39] {Threei} is this maniac-depressive market or what
[12:39] {BillyD} lol
[12:39] {BillyD} maniac the key
[12:41] {dino} out bidu 315, +4.00
[12:41] {Threei} that's too much dino
[12:41] {dino} lol wild ride
[12:41] {dino} and now its 316+
[12:41] {Threei} you need to donate half to some starving tribe somewhere
[12:45] {Threei} and please, do not sufggest that this tribe should trade the msarkets, we have enough of those as it is, judging by market movements
[12:46] {dino} ok boss
[12:46] {dino} wcrx drop
[12:46] {Threei} CAST again...
[12:47] {Threei} something's brewing there... horrible spread though
[12:47] {BillyD} yeah got excited until saw spread
[12:52] {dino} calling it a day, a very good one. ty for ideas, back tomorrow
[12:52] {Threei} take care dino :)
[12:52] {Threei} hmmm.... CAST
[12:52] {BillyD} bye
[12:52] {Threei} took that big offer
[12:52] {Threei} and tightened the spread
[12:52] {BillyD} yes
[12:53] {BillyD} late in day
[12:53] {Threei} if .45 is taken, something does happen there
[12:55] {BillyD} true colors at .50
[12:55] {Threei} or fakes
[12:56] {BillyD} time will tell....tomorrow
[12:56] {BillyD} wow
[12:56] {Threei} you have so much toi dump, why wouldn't you hit the bid at .44 instead of showing to the wolrd that you got a lot of thin one to sell
[12:56] {Threei} someone called the bluff I guess, lol
[12:57] {BillyD} large offers all the way up
[12:57] {cosmo} some might think aft mkt rate cut?
[12:57] {Threei} yes... but the determination with which those two got hit is impressive
[12:57] {BillyD} very
[12:57] {Threei} you need to really commit to grab that much of such thin stock
[12:58] {BillyD} not a daytrader
[12:58] {Threei} no
[12:58] {BillyD} why I can't enter now
[12:58] {BillyD} different time frames
[12:59] {Threei} look at that
[12:59] {BillyD} steal at .40
[12:59] {Threei} going to be interestinfg
[12:59] {BillyD} you in
[12:59] {Threei} coulsdn't resist, took a bit at .40
[13:00] {Threei} tomorrow will show
[13:00] {BillyD} yes
[13:00] {Threei} unless it goes to 8 today, lol
[13:00] {BillyD} I will wait
[13:01] {Threei} offering at 8 in case some enthusiats eants it
[13:01] {Threei} wants
[13:01] {Threei} ok guys, thank you all
[13:01] {BillyD} cya Vad
[13:01] {Threei} have a good evening, see you tomorrow for another session of psychoanalysis
[13:02] {BillyD} good laugh there
[13:02] {BillyD} way to end day
Session Close: Wed Nov 21 00:00:00 2007
Tuesday, November 20, 2007
Monday, November 19, 2007
November 19, 2007
Session Start: Mon Nov 19 00:00:00 2007
Session Time: Mon Nov 19 00:00:00 2007
[05:40] {Threei} Good morning RT
[05:41] {Threei} dumped CSIQ 17.99... not the profit I had in mind but since no good size gap better get out now and see if there is a play in it later
[05:41] {BillyD} it tried right at open
[05:41] {BillyD} good morning
[05:41] {Threei} hi :)
[05:49] {cosmo} BD:) .....ASU still gotta chance?
[05:51] {BillyD} for Rose Bowl yes
[05:51] {BillyD} BCS title not so sure
[05:51] {cosmo} BCS needs a playoff ...
[05:51] {Threei} what was that on CSIQ
[05:52] {cosmo} i just worry about USC
[05:52] {cosmo} ...sometimes
[05:54] {BillyD} yeah...never know
[05:55] {dptl} good morning all
[05:57] {Threei} dp :)
[06:00] {Threei} [CSUN] China Sunergy Announces Agreements with Canadian Solar
[06:00] {Threei} - Agreements with Canadian Solar are for a total volume of 25MW of solar cells for 2008. Under the Agreements, China Sunergy will supply approximately 12MW and 13MW of solar cells to Canadian Solar in the first and second half of the year respectively.
[06:00] {Threei} - The Agreements will be denominated in both Chinese yuan and US dollars, with approximately 24% of the volume being based on fixed pricing terms and the remainder being determined on a quarterl
[06:02] {esemde} good morning RT's...
[06:02] {Threei} ese :)
[06:07] {BillyD} Hi ese, dp
[06:13] {esemde} morning billy bruce dp hawk jm patience
[06:15] {bruce} hi ese
[06:15] {Threei} bruce :)
[06:16] {patience} morning ese and RT :)
[06:16] {bruce} hi vad
[06:16] {Threei} patience :)
[06:18] {patience} vad :)
[06:20] {BillyD} Vad, watching any one stock in particular at open
[06:21] {Threei} there are no clear candidates at this point... CSIQ is certainly on a radar
[06:21] {Threei} but this is not a breakout stock by any means
[06:21] {BillyD} ok..I have BIDZ with a gap
[06:21] {Threei} rather deep pullback stock
[06:23] {BillyD} see no news on BIDZ
[06:24] {Threei} nope
[06:24] {cosmo} 18.4 hod ..so far
[06:25] {cosmo} CSIQ pre mkt high = 18.49
[06:26] {hawkfan4} 19-Nov-07 07:19 ET In Play Bidz.com profiled in New America section of IBD (16.85 )
[06:26] {BillyD} thx hawk
[06:27] {hawkfan4} np :)
[06:27] {Threei} hawk :)
[06:27] {hawkfan4} morning vad, all
[06:28] {esemde} hawk
[06:29] {bruce} hi hawk
[06:30] {hawkfan4} bruce, ese :)
[06:31] {Threei} ALTI?
[06:31] {BillyD} I see nothing
[06:31] {Threei} FSLR strength
[06:32] {Threei} let's see if CSIQ bottoms out and folllows the suit
[06:32] {Threei} pulled back into 18
[06:32] {cosmo} DISH
[06:32] {cosmo} CNBCmention
[06:37] {Threei} ESLR .95 break long if stays above .80
[06:39] {Roman} ZIXI
[06:39] {Roman} long
[06:39] {Roman} 3.67
[06:43] {Threei} getting interested in CSIQ for bounce
[06:44] {BillyD} no real feel for me on CSIQ so far
[06:44] {Threei} in
[06:44] {Threei} stop under .50
[06:46] {Threei} LUNA interesting chart... low volume
[06:46] {Roman} VRSN strong
[06:47] {Roman} sqeezer
[06:48] {Threei} half out CSIQ +.40
[06:49] {BillyD} nice one
[06:50] {esemde} Bstop MCRL .81
[06:50] {Threei} LUNA feels like aiming for 8... very tough read because of low volume
[06:52] {esemde} l MCRL .78
[06:53] {esemde} decent fill
[06:55] {esemde} out .97 +.20
[06:57] {esemde} nice call on LUNA vad ,,,could very well make 8
[06:57] {Threei} yeah... had to enetr on pure faith though
[06:57] {BillyD} lol
[06:58] {esemde} how are feeling about CSIQ
[06:58] {esemde} possible long at .20
[06:58] {Threei} same... deep pullbacks are for entry
[06:58] {Threei} don't buy breaks on it
[07:01] {esemde} done
[07:04] {Threei} FSLR spike
[07:05] {Threei} likely to take CSIQ with it
[07:06] {BillyD} no new entry on it right?
[07:07] {cosmo} mcrl
[07:07] {cosmo} 9 break
[07:08] {Threei} no, not on breaks
[07:08] {cosmo} i c
[07:08] {Threei} this is anticipatory kind of trading
[07:08] {Threei} no cosmo, I am talking about CSIQ
[07:08] {BillyD} got it
[07:10] {Threei} it does same thing as on Friday
[07:11] {BillyD} seems so
[07:11] {Threei} breaks are impossible to trade on it since it spikes vertically into high, breaks and immediately drop under all supports
[07:12] {Threei} there it consolidates, slows down, sits for a while, tyhen spikes again
[07:13] {BillyD} we need some holidya trades
[07:13] {BillyD} crazy momo
[07:13] {Threei} [MCRL] Micrel, Incorporated Sign multi-million Contract With Commercial Solar Cell Company
[07:13] {Threei} -To supply commercial solar cells. Micrel's unique processing capability enables the creation of the highest efficiency solar cells presently available. The partnership will involve the manufacturing and supply of concentrated solar cells while supporting world wide environmental efforts and corporate 'Green' initiatives.
[07:14] {Threei} not fresh
[07:14] {cosmo} sounds like a slam dunk tho
[07:19] {BillyD} Vad...you like MCRL if .10 gets eaten
[07:20] {BillyD} in .11
[07:20] {Threei} looks strong and steady
[07:28] {BillyD} out here....27, .33 and earlier .22
[07:29] {Threei} nice one
[07:29] {BillyD} ty...
[07:32] {Threei} RUSSIAN DEP FIN MIN SUSPECTED OF $43M EMBEZZLEMENT SCHEME - WIRE HEADLINE CITING PROSECUTOR GENERAL OFFICEReminder: 11/16 Fin Min was arrested on undisclosed charges
[07:34] {BillyD} does he have a stock symbol to short
[07:34] {BillyD} slim pickings so far
[07:38] {esemde} big pullback on CSIQ...
[07:39] {esemde} would this qualify as pullback entry VAd
[07:39] {Threei} closwr to 17 I would feel safer
[07:46] {esemde} good call vad...trying to push down to .10
[07:47] {Threei} will try to bid under 17
[07:47] {Threei} too optimistic maybe...
[07:47] {Threei} but I'd rather miss this stock than enter too soon
[07:48] {Threei} brutal one
[07:48] {esemde} indeed
[07:48] {Threei} lol
[07:49] {Threei} IMMU?
[07:49] {Threei} no news that I see
[07:51] {esemde} me either..
[07:52] {Threei} YHOO 27.06 long if holding above 27
[07:55] {BillyD} FINL
[07:55] {BillyD} crazy spike
[07:56] {Threei} no news on wires so far
[07:57] {BillyD} ty
[07:58] {Threei} RIMM bounce candidate
[07:58] {Threei} with NQ recovery
[07:59] {Threei} in
[07:59] {Threei} got .60
[08:00] {Threei} half out
[08:00] {BillyD} nice
[08:00] {Threei} +.39
[08:00] {BillyD} no time to hesitate on entry
[08:00] {Threei} no
[08:00] {Threei} CSIQ under 17... still can't find clear entry
[08:01] {Threei} out second half RIMM+.70
[08:02] {Threei} dp will of course get 2 points
[08:02] {esemde} gonna go long small 1/3 lot here.....give this a try
[08:02] {Threei} CSIQ ese?
[08:02] {esemde} yes......
[08:04] {esemde} bstop .98
[08:05] {esemde} forget that.....
[08:05] {Threei} RIMM under 105 again
[08:05] {Threei} in
[08:06] {Threei} out -.2-
[08:06] {Threei} .20
[08:06] {Threei} too early
[08:07] {BillyD} you know where you stand rather quickly w/ RIMM
[08:07] {BillyD} VAD any thoughts on ESLR short off 13
[08:08] {Threei} missed under .50, wasn't sure, RIMM
[08:08] {Threei} if NQ continues down
[08:08] {Threei} ESLR pretty much became market follower lately
[08:09] {BillyD} short at 13...w/ .11 stop
[08:10] {BillyD} it held .80 tough the other day
[08:12] {Threei} CSIQ, .87 long if holding above .70
[08:12] {Threei} invalidated, wants even lower
[08:12] {Threei} but become intriguing at these levels
[08:15] {Threei} TREASURY SEC PAULSON: STRONG USD IN NATION'S INTEREST, ECONOMY WILL CONTINUE TO GROW
[08:15] {Threei} sigh
[08:16] {Threei} sheesh
[08:16] {Threei} can't believe I missed this RIMM dive
[08:20] {BillyD} out eslr
[08:20] {BillyD} -.13
[08:21] {esemde} hmmmmm power went out...i'm back....you long CSIQ VAd
[08:23] {Threei} I took scalp
[08:23] {Threei} .80 - 17.05
[08:23] {Threei} can
[08:23] {Threei} t bring myself to hold it for bigger move, this stock scares the living daylight out of me today
[08:24] {esemde} i've missed it then
[08:24] {Threei} can't even make myself call it with any degree of confidence
[08:50] {Threei} MOGN long .27
[08:50] {Threei} .09 stop
[08:52] {Threei} DISH
[08:52] {Threei} TICKS TO NEW HIGHS AFTER THESTREET.COM REPORTS NEAR A DEAL WITH AT&T
[08:56] {Threei} MOGN 1:1
[08:57] {BillyD} was stop .09 or .19
[08:57] {Threei} .09
[08:58] {Threei} still is, haven't trailed it
[08:58] {BillyD} didn't see it quite hit 1:1
[08:58] {BillyD} just clarifying
[08:58] {Threei} no, sorry, I meant 1:1 play
[08:59] {BillyD} ok
[08:59] {BillyD} was sending u a calculator for xmas...:)
[08:59] {Threei} please do
[08:59] {Threei} when it comes to math I need all the help I can get
[09:00] {Threei} and if you have spellchecker, consider it oo :)
[09:00] {BillyD} by the time you punch numbers into calc....you miss exit
[09:01] {BillyD} messing around with it
[09:02] {Threei} DISH is not a done deal, right?
[09:02] {Threei} just a report that it's likely
[09:03] {BillyD} not sure
[09:03] {Threei} MOGN stop to .14
[09:07] {cosmo} mcrl needs to hold 9.20 imo fwiw
[09:07] {bruce} can't see where the initial .09 stop came from in that vad
[09:07] {Threei} NQ is likely to rweverse upward here
[09:07] {Threei} RIMM shouldf follow
[09:08] {Threei} 11:45 bruce
[09:08] {Threei} from that moment on .10 became support
[09:10] {bruce} k - see it now - didn't really recognize that as a support level on my chart
[09:11] {Threei} if you got RIMM close to 106, look to exit on this spike, IMO
[09:11] {Threei} here it comes
[09:11] {dptl} long at 105.84
[09:12] * Threei slaps dptl around a bit with a large trout
[09:12] {Threei} beat me by 22 cents on entry, I got it at 106.06
[09:12] * Threei counts on BillyD to tell if 22 cents is correct
[09:13] {Threei} oh, and I am out at .65
[09:13] {BillyD} yup
[09:13] {Threei} let;s see by how much you beat me on exit
[09:14] {Threei} sharp downtick NQ
[09:14] {BillyD} Laserdave see dcc
[09:15] {Threei} stopped MOGN
[09:18] {Threei} SPAR
[09:18] {Threei} CEO: EXPECTS 36% INCOME GROWTH IN 2008
[09:18] {Threei} - sees 5-15% growth in 2008 Ambulance sales; Fire truck sales flat to down 3%
[09:24] {bruce} ED VAD - ANY READ?
[09:24] {bruce} sorry about caps
[09:24] {Threei} worth a try with .54 stop
[09:24] {Threei} slow one
[09:25] {bruce} thanx
[09:32] {Threei} interesting daily LNUX
[09:36] {Threei} ese, you ever found guts to enter CSIQ?
[09:39] {BillyD} Vad...were you able to see a RIMM play here w. the NQ uptick
[09:39] {BillyD} now downtick
[09:40] {esemde} hi Vad yes....i'm in half lot...at .25
[09:40] {esemde} stop at 17
[09:41] {esemde} decided to wait until it broke resistance at .20
[09:41] {esemde} on the way back up....we'll see...depends on NQ{ s&p ETC
[09:44] {Threei} no Billy, not really
[09:44] {BillyD} ty
[09:44] {Threei} it's somewhat disconnected last 30 min or so
[09:44] {BillyD} well...I guess I am reading it correctly then
[09:45] {BillyD} does it seem to work better with extreme moves....sell offs for bounce, etc
[09:46] {Threei} very much so
[09:46] {Threei} best situation is when NQ stages extreme move and RIMM gives a delay
[09:47] {BillyD} it's almost like RIMM continues down a bit more when NQ jumps up
[09:47] {BillyD} with the delay for better entry
[09:47] {Threei} exactly
[09:47] {Threei} it tends to overshoot NQ a little bit
[09:49] {BillyD} Vad...do you have a daily NQ chart up
[09:49] {Threei} yes
[09:49] {BillyD} and intraday
[09:49] {Threei} yes, 1 min
[09:50] {Roman} CSUN
[09:50] {Roman} spike don't see news
[09:50] {esemde} Have a great rest of the day everyone.
[09:51] {bruce} bye ese
[09:51] {Threei} take care ese
[10:00] {Threei} *NOV NAHB HOUSING MARKET INDEX: 19 V 17E
[10:15] {bruce} taking break
[10:16] {bruce} see you all
[10:16] {BillyD} cya bruce
[10:27] {Threei} CIEN becomes a bounce candidate
[10:28] {Threei} half lot long .55
[10:31] {BillyD} out w/ about .15 scalp...thx
[10:31] {Threei} :)
[10:31] {BillyD} wasn't sure of stop area
[10:31] {BillyD} unless low of day
[10:32] {Threei} it pretty much bottomed out at about .35
[10:32] {Threei} a few qyuick low prints were pure panic
[10:33] {Threei} out .90
[10:34] {BillyD} wtg
[10:35] {Threei} hmmm CSUN
[10:36] {Threei} not shortable
[10:36] {Threei} too bad
[10:36] {BillyD} yaeh..it usually falls back
[10:37] {Roman} i think there is something behind this CSUN move
[10:37] {Threei} looks like
[10:37] {Threei} more sustainable than usual
[10:37] {Roman} other solars are not moving
[10:45] {Threei} short RIMM on this bounce
[10:46] {Threei} stop above 106
[10:46] {Threei} got .69
[10:47] {BillyD} with you
[10:48] {Threei} come on NQ, give up
[10:49] {Threei} and lose 2020
[10:52] {Threei} stubborn thing
[10:52] {BillyD} yeah
[10:53] {Threei} finally
[10:53] {Threei} half out
[10:53] {BillyD} cov'd .43
[10:53] {Threei} .30
[10:53] {Threei} +.39
[10:53] {Threei} took considerable math efforts
[10:54] {BillyD} lol
[10:54] {Threei} .75 stop
[10:54] {BillyD} I cov'd 1/2 around even after pop up and NQ was popping up more
[10:55] {Threei} lose 2020 NQ
[10:55] {Threei} I want under 105
[10:56] {BillyD} should work now
[10:56] {Threei} still kicking
[10:56] {Threei} even though shouldn't
[10:57] {BillyD} not my fault anymore...I'm out....lol
[10:57] {Threei} wants me to work for my money... if I wanted that I'd become a plumber
[11:01] {Threei} beautiful
[11:01] {Threei} out .86
[11:01] {Threei} 69 + 14
[11:01] {Threei} +. 83
[11:02] {BillyD} very nice
[11:02] {Threei} you mean my math sakills no doubt
[11:02] {BillyD} wait...let me check
[11:02] {Chaeron} and typing/spelling skills
[11:02] {Threei} ah those
[11:07] {Threei} I think I need a keyboard with keys twice as big... somehow they all seem to touch one another and produce two letters instead of one
[11:22] {Threei} time for NQ to pullback
[11:23] {Threei} great missed RIMM short while typed that, lol
[11:24] {Threei} OK{ this spike
[11:25] {Threei} shorted
[11:27] {Threei} stopped, too strong still
[11:29] {Threei} second try
[11:29] {Threei} covered 107.75
[11:30] {Threei} +.29
[11:30] {Threei} am I fighting the trend or what
[11:31] {BillyD} I tried at 108 on bounce upand ended up stopping 108.15
[11:32] {BillyD} NQ keeps popping up on pb
[11:32] {Threei} short once again
[11:32] {Threei} should get something more decent this time
[11:33] {Threei} half out .68
[11:33] {Threei} stop above 108
[11:35] {Threei} come on NQ, 25 points bounce deserves a pullback finally, no?
[11:35] {Threei} {NQ} you pull back
[11:36] {BillyD} kick it
[11:36] {Threei} you think violence is the answer?
[11:36] {Threei} out
[11:36] {BillyD} no...it's kicking harder right now
[11:36] {Threei} +.30 and -.05
[11:36] {Threei} lol, by you violence is the answer only when you are stronger, right?
[11:37] {Threei} (not that I disagreed with that)...
[11:37] {BillyD} yes.....must know your limitations
[11:38] {BillyD} it's like....ok RIMM I can't seem to time my entries properly so I'll just back away for the moment
[11:39] {Threei} I hav e impression that last entries were against the grain and I made money onl;y thanks to natural volatility
[11:39] {Threei} just quickly exiting when it jumped around and appeared in profitable zone
[11:39] {BillyD} lucky
[11:40] {BillyD} where's dino...hehe
[11:40] {Threei} :)
[11:46] {Threei} UPDATE: NEEDHAM INITIATES CRDC WITH BUY, PRICE TARGET: $10
[11:50] {Threei} keep an eye on CRDC, it's a dangerous one but a mover when catches attention
[11:50] {Chaeron} Needham - decent firm
[11:50] {BillyD} when did that upgrade come out?
[11:50] {Threei} 14:45 on wire
[11:50] {Threei} that's what got my attention Chaeron, thanks for confirmation
[11:51] {Chaeron} yeah... reputable
[11:51] {Threei} not some boutique with no slightest idea
[11:51] {BillyD} thx...
[11:51] {BillyD} or paid pvt research firm
[11:55] {Threei} paid in those same shares they will dump on you if you believe their upgrade and buy
[11:55] {Threei} embodiment of conflict of interest
[11:56] {Threei} but of course that never happens... right?
[11:56] {BillyD} never
[11:57] {BillyD} den of thieves
[11:57] {BillyD} amongst thieves
[11:58] {Threei} ah come on Billy, we are just on a wrong side of business :)
[11:59] {bruce} I think billy pegged them pretty well
[11:59] {BillyD} well Vad....it is just part of the rules in trading....anything goes
[12:05] {dptl} 15 trades rimm today total points profit :+1.10 so far
[12:06] {Threei} well done
[12:06] {dptl} tnx learning
[12:06] {BillyD} nice dp
[12:08] {Chaeron} LAserDave - dcc
[12:09] {BillyD} if you get him...ask him to see mine
[12:09] {Chaeron} oh great......
[12:10] {BillyD} lol
[12:13] {Threei} CRDC maybe has it in itself... watching
[12:15] {Threei} dp, one word of caution if I may
[12:15] {Threei} do not consider RIMM your personal ASTM from now on and forever
[12:15] {Threei} ATM
[12:16] {Threei} they adopt readable patterns, then lose the tune
[12:16] {Threei} and if you don't spot the moment, you continue playing them by old rules which they do not obey anymore
[12:16] {dptl} yep as long as i can read it
[12:16] {Threei} it can happen even within a single day for a while
[12:17] {Threei} so gotta check for the following all the time
[12:19] {dptl} morning was ugly for me and then everything start working out
[12:34] {Threei} in CRDC
[12:36] {Threei} TREASURY'S STEEL: GLOBAL ECONOMY IS STRONG, US FUNDAMENTALS ARE HEALTHY
[12:36] {Threei} - Says housing decline is the most significant risk to the US economy, as US foreclosure rate is to remain elevated over the next 18 months
[12:36] {Threei} buyers have responsibility to understand mortgages, and mortgage providers must offer understandable information --- what a novel concept
[12:41] {Threei} RIMM level of interest for long again
[12:42] {Threei} +.49
[12:42] {Threei} come on CRDC, break 8
[12:47] {Threei} wanted RIMM around 106 this time... I guess I wanted too much
[12:48] {Threei} CRDC baby
[12:49] {Threei} offering 8.25, won't let it lose 8 on me, too close to eod
[12:50] {Threei} OK, out
[12:51] {Threei} too bad, if it had 1 hor mopre I'd get my 8.25 :)
[12:51] {Threei} worth watching tomorrow
[12:52] {Threei} sneaky thing, I like the way it quietly went up
[12:52] {BillyD} sneaky needham
[12:52] {Threei} lol
[12:52] {Threei} I like it
[12:53] {BillyD} good reads today Vad....
[12:53] {Threei} ty
[12:53] {Threei} not too active day
[12:53] {BillyD} no...but you are seeing very clearly
[12:55] {Threei} 3 eyes, you know...
[12:55] {BillyD} throw a blind man a cane...eh
[12:55] {Threei} (I know that's what cosmo was going to say, so I said it first)
[12:56] {Threei} argh, missed CSIQ diving to 16
[12:56] {Threei} OK guysd, thank you all
[12:56] {BillyD} ty
[12:56] {Threei} have a good evening, see you tomorrow
[13:01] {dptl} have a good evening see ya tomorrow all
Session Time: Mon Nov 19 00:00:00 2007
[05:40] {Threei} Good morning RT
[05:41] {Threei} dumped CSIQ 17.99... not the profit I had in mind but since no good size gap better get out now and see if there is a play in it later
[05:41] {BillyD} it tried right at open
[05:41] {BillyD} good morning
[05:41] {Threei} hi :)
[05:49] {cosmo} BD:) .....ASU still gotta chance?
[05:51] {BillyD} for Rose Bowl yes
[05:51] {BillyD} BCS title not so sure
[05:51] {cosmo} BCS needs a playoff ...
[05:51] {Threei} what was that on CSIQ
[05:52] {cosmo} i just worry about USC
[05:52] {cosmo} ...sometimes
[05:54] {BillyD} yeah...never know
[05:55] {dptl} good morning all
[05:57] {Threei} dp :)
[06:00] {Threei} [CSUN] China Sunergy Announces Agreements with Canadian Solar
[06:00] {Threei} - Agreements with Canadian Solar are for a total volume of 25MW of solar cells for 2008. Under the Agreements, China Sunergy will supply approximately 12MW and 13MW of solar cells to Canadian Solar in the first and second half of the year respectively.
[06:00] {Threei} - The Agreements will be denominated in both Chinese yuan and US dollars, with approximately 24% of the volume being based on fixed pricing terms and the remainder being determined on a quarterl
[06:02] {esemde} good morning RT's...
[06:02] {Threei} ese :)
[06:07] {BillyD} Hi ese, dp
[06:13] {esemde} morning billy bruce dp hawk jm patience
[06:15] {bruce} hi ese
[06:15] {Threei} bruce :)
[06:16] {patience} morning ese and RT :)
[06:16] {bruce} hi vad
[06:16] {Threei} patience :)
[06:18] {patience} vad :)
[06:20] {BillyD} Vad, watching any one stock in particular at open
[06:21] {Threei} there are no clear candidates at this point... CSIQ is certainly on a radar
[06:21] {Threei} but this is not a breakout stock by any means
[06:21] {BillyD} ok..I have BIDZ with a gap
[06:21] {Threei} rather deep pullback stock
[06:23] {BillyD} see no news on BIDZ
[06:24] {Threei} nope
[06:24] {cosmo} 18.4 hod ..so far
[06:25] {cosmo} CSIQ pre mkt high = 18.49
[06:26] {hawkfan4} 19-Nov-07 07:19 ET In Play Bidz.com profiled in New America section of IBD (16.85 )
[06:26] {BillyD} thx hawk
[06:27] {hawkfan4} np :)
[06:27] {Threei} hawk :)
[06:27] {hawkfan4} morning vad, all
[06:28] {esemde} hawk
[06:29] {bruce} hi hawk
[06:30] {hawkfan4} bruce, ese :)
[06:31] {Threei} ALTI?
[06:31] {BillyD} I see nothing
[06:31] {Threei} FSLR strength
[06:32] {Threei} let's see if CSIQ bottoms out and folllows the suit
[06:32] {Threei} pulled back into 18
[06:32] {cosmo} DISH
[06:32] {cosmo} CNBCmention
[06:37] {Threei} ESLR .95 break long if stays above .80
[06:39] {Roman} ZIXI
[06:39] {Roman} long
[06:39] {Roman} 3.67
[06:43] {Threei} getting interested in CSIQ for bounce
[06:44] {BillyD} no real feel for me on CSIQ so far
[06:44] {Threei} in
[06:44] {Threei} stop under .50
[06:46] {Threei} LUNA interesting chart... low volume
[06:46] {Roman} VRSN strong
[06:47] {Roman} sqeezer
[06:48] {Threei} half out CSIQ +.40
[06:49] {BillyD} nice one
[06:50] {esemde} Bstop MCRL .81
[06:50] {Threei} LUNA feels like aiming for 8... very tough read because of low volume
[06:52] {esemde} l MCRL .78
[06:53] {esemde} decent fill
[06:55] {esemde} out .97 +.20
[06:57] {esemde} nice call on LUNA vad ,,,could very well make 8
[06:57] {Threei} yeah... had to enetr on pure faith though
[06:57] {BillyD} lol
[06:58] {esemde} how are feeling about CSIQ
[06:58] {esemde} possible long at .20
[06:58] {Threei} same... deep pullbacks are for entry
[06:58] {Threei} don't buy breaks on it
[07:01] {esemde} done
[07:04] {Threei} FSLR spike
[07:05] {Threei} likely to take CSIQ with it
[07:06] {BillyD} no new entry on it right?
[07:07] {cosmo} mcrl
[07:07] {cosmo} 9 break
[07:08] {Threei} no, not on breaks
[07:08] {cosmo} i c
[07:08] {Threei} this is anticipatory kind of trading
[07:08] {Threei} no cosmo, I am talking about CSIQ
[07:08] {BillyD} got it
[07:10] {Threei} it does same thing as on Friday
[07:11] {BillyD} seems so
[07:11] {Threei} breaks are impossible to trade on it since it spikes vertically into high, breaks and immediately drop under all supports
[07:12] {Threei} there it consolidates, slows down, sits for a while, tyhen spikes again
[07:13] {BillyD} we need some holidya trades
[07:13] {BillyD} crazy momo
[07:13] {Threei} [MCRL] Micrel, Incorporated Sign multi-million Contract With Commercial Solar Cell Company
[07:13] {Threei} -To supply commercial solar cells. Micrel's unique processing capability enables the creation of the highest efficiency solar cells presently available. The partnership will involve the manufacturing and supply of concentrated solar cells while supporting world wide environmental efforts and corporate 'Green' initiatives.
[07:14] {Threei} not fresh
[07:14] {cosmo} sounds like a slam dunk tho
[07:19] {BillyD} Vad...you like MCRL if .10 gets eaten
[07:20] {BillyD} in .11
[07:20] {Threei} looks strong and steady
[07:28] {BillyD} out here....27, .33 and earlier .22
[07:29] {Threei} nice one
[07:29] {BillyD} ty...
[07:32] {Threei} RUSSIAN DEP FIN MIN SUSPECTED OF $43M EMBEZZLEMENT SCHEME - WIRE HEADLINE CITING PROSECUTOR GENERAL OFFICEReminder: 11/16 Fin Min was arrested on undisclosed charges
[07:34] {BillyD} does he have a stock symbol to short
[07:34] {BillyD} slim pickings so far
[07:38] {esemde} big pullback on CSIQ...
[07:39] {esemde} would this qualify as pullback entry VAd
[07:39] {Threei} closwr to 17 I would feel safer
[07:46] {esemde} good call vad...trying to push down to .10
[07:47] {Threei} will try to bid under 17
[07:47] {Threei} too optimistic maybe...
[07:47] {Threei} but I'd rather miss this stock than enter too soon
[07:48] {Threei} brutal one
[07:48] {esemde} indeed
[07:48] {Threei} lol
[07:49] {Threei} IMMU?
[07:49] {Threei} no news that I see
[07:51] {esemde} me either..
[07:52] {Threei} YHOO 27.06 long if holding above 27
[07:55] {BillyD} FINL
[07:55] {BillyD} crazy spike
[07:56] {Threei} no news on wires so far
[07:57] {BillyD} ty
[07:58] {Threei} RIMM bounce candidate
[07:58] {Threei} with NQ recovery
[07:59] {Threei} in
[07:59] {Threei} got .60
[08:00] {Threei} half out
[08:00] {BillyD} nice
[08:00] {Threei} +.39
[08:00] {BillyD} no time to hesitate on entry
[08:00] {Threei} no
[08:00] {Threei} CSIQ under 17... still can't find clear entry
[08:01] {Threei} out second half RIMM+.70
[08:02] {Threei} dp will of course get 2 points
[08:02] {esemde} gonna go long small 1/3 lot here.....give this a try
[08:02] {Threei} CSIQ ese?
[08:02] {esemde} yes......
[08:04] {esemde} bstop .98
[08:05] {esemde} forget that.....
[08:05] {Threei} RIMM under 105 again
[08:05] {Threei} in
[08:06] {Threei} out -.2-
[08:06] {Threei} .20
[08:06] {Threei} too early
[08:07] {BillyD} you know where you stand rather quickly w/ RIMM
[08:07] {BillyD} VAD any thoughts on ESLR short off 13
[08:08] {Threei} missed under .50, wasn't sure, RIMM
[08:08] {Threei} if NQ continues down
[08:08] {Threei} ESLR pretty much became market follower lately
[08:09] {BillyD} short at 13...w/ .11 stop
[08:10] {BillyD} it held .80 tough the other day
[08:12] {Threei} CSIQ, .87 long if holding above .70
[08:12] {Threei} invalidated, wants even lower
[08:12] {Threei} but become intriguing at these levels
[08:15] {Threei} TREASURY SEC PAULSON: STRONG USD IN NATION'S INTEREST, ECONOMY WILL CONTINUE TO GROW
[08:15] {Threei} sigh
[08:16] {Threei} sheesh
[08:16] {Threei} can't believe I missed this RIMM dive
[08:20] {BillyD} out eslr
[08:20] {BillyD} -.13
[08:21] {esemde} hmmmmm power went out...i'm back....you long CSIQ VAd
[08:23] {Threei} I took scalp
[08:23] {Threei} .80 - 17.05
[08:23] {Threei} can
[08:23] {Threei} t bring myself to hold it for bigger move, this stock scares the living daylight out of me today
[08:24] {esemde} i've missed it then
[08:24] {Threei} can't even make myself call it with any degree of confidence
[08:50] {Threei} MOGN long .27
[08:50] {Threei} .09 stop
[08:52] {Threei} DISH
[08:52] {Threei} TICKS TO NEW HIGHS AFTER THESTREET.COM REPORTS NEAR A DEAL WITH AT&T
[08:56] {Threei} MOGN 1:1
[08:57] {BillyD} was stop .09 or .19
[08:57] {Threei} .09
[08:58] {Threei} still is, haven't trailed it
[08:58] {BillyD} didn't see it quite hit 1:1
[08:58] {BillyD} just clarifying
[08:58] {Threei} no, sorry, I meant 1:1 play
[08:59] {BillyD} ok
[08:59] {BillyD} was sending u a calculator for xmas...:)
[08:59] {Threei} please do
[08:59] {Threei} when it comes to math I need all the help I can get
[09:00] {Threei} and if you have spellchecker, consider it oo :)
[09:00] {BillyD} by the time you punch numbers into calc....you miss exit
[09:01] {BillyD} messing around with it
[09:02] {Threei} DISH is not a done deal, right?
[09:02] {Threei} just a report that it's likely
[09:03] {BillyD} not sure
[09:03] {Threei} MOGN stop to .14
[09:07] {cosmo} mcrl needs to hold 9.20 imo fwiw
[09:07] {bruce} can't see where the initial .09 stop came from in that vad
[09:07] {Threei} NQ is likely to rweverse upward here
[09:07] {Threei} RIMM shouldf follow
[09:08] {Threei} 11:45 bruce
[09:08] {Threei} from that moment on .10 became support
[09:10] {bruce} k - see it now - didn't really recognize that as a support level on my chart
[09:11] {Threei} if you got RIMM close to 106, look to exit on this spike, IMO
[09:11] {Threei} here it comes
[09:11] {dptl} long at 105.84
[09:12] * Threei slaps dptl around a bit with a large trout
[09:12] {Threei} beat me by 22 cents on entry, I got it at 106.06
[09:12] * Threei counts on BillyD to tell if 22 cents is correct
[09:13] {Threei} oh, and I am out at .65
[09:13] {BillyD} yup
[09:13] {Threei} let;s see by how much you beat me on exit
[09:14] {Threei} sharp downtick NQ
[09:14] {BillyD} Laserdave see dcc
[09:15] {Threei} stopped MOGN
[09:18] {Threei} SPAR
[09:18] {Threei} CEO: EXPECTS 36% INCOME GROWTH IN 2008
[09:18] {Threei} - sees 5-15% growth in 2008 Ambulance sales; Fire truck sales flat to down 3%
[09:24] {bruce} ED VAD - ANY READ?
[09:24] {bruce} sorry about caps
[09:24] {Threei} worth a try with .54 stop
[09:24] {Threei} slow one
[09:25] {bruce} thanx
[09:32] {Threei} interesting daily LNUX
[09:36] {Threei} ese, you ever found guts to enter CSIQ?
[09:39] {BillyD} Vad...were you able to see a RIMM play here w. the NQ uptick
[09:39] {BillyD} now downtick
[09:40] {esemde} hi Vad yes....i'm in half lot...at .25
[09:40] {esemde} stop at 17
[09:41] {esemde} decided to wait until it broke resistance at .20
[09:41] {esemde} on the way back up....we'll see...depends on NQ{ s&p ETC
[09:44] {Threei} no Billy, not really
[09:44] {BillyD} ty
[09:44] {Threei} it's somewhat disconnected last 30 min or so
[09:44] {BillyD} well...I guess I am reading it correctly then
[09:45] {BillyD} does it seem to work better with extreme moves....sell offs for bounce, etc
[09:46] {Threei} very much so
[09:46] {Threei} best situation is when NQ stages extreme move and RIMM gives a delay
[09:47] {BillyD} it's almost like RIMM continues down a bit more when NQ jumps up
[09:47] {BillyD} with the delay for better entry
[09:47] {Threei} exactly
[09:47] {Threei} it tends to overshoot NQ a little bit
[09:49] {BillyD} Vad...do you have a daily NQ chart up
[09:49] {Threei} yes
[09:49] {BillyD} and intraday
[09:49] {Threei} yes, 1 min
[09:50] {Roman} CSUN
[09:50] {Roman} spike don't see news
[09:50] {esemde} Have a great rest of the day everyone.
[09:51] {bruce} bye ese
[09:51] {Threei} take care ese
[10:00] {Threei} *NOV NAHB HOUSING MARKET INDEX: 19 V 17E
[10:15] {bruce} taking break
[10:16] {bruce} see you all
[10:16] {BillyD} cya bruce
[10:27] {Threei} CIEN becomes a bounce candidate
[10:28] {Threei} half lot long .55
[10:31] {BillyD} out w/ about .15 scalp...thx
[10:31] {Threei} :)
[10:31] {BillyD} wasn't sure of stop area
[10:31] {BillyD} unless low of day
[10:32] {Threei} it pretty much bottomed out at about .35
[10:32] {Threei} a few qyuick low prints were pure panic
[10:33] {Threei} out .90
[10:34] {BillyD} wtg
[10:35] {Threei} hmmm CSUN
[10:36] {Threei} not shortable
[10:36] {Threei} too bad
[10:36] {BillyD} yaeh..it usually falls back
[10:37] {Roman} i think there is something behind this CSUN move
[10:37] {Threei} looks like
[10:37] {Threei} more sustainable than usual
[10:37] {Roman} other solars are not moving
[10:45] {Threei} short RIMM on this bounce
[10:46] {Threei} stop above 106
[10:46] {Threei} got .69
[10:47] {BillyD} with you
[10:48] {Threei} come on NQ, give up
[10:49] {Threei} and lose 2020
[10:52] {Threei} stubborn thing
[10:52] {BillyD} yeah
[10:53] {Threei} finally
[10:53] {Threei} half out
[10:53] {BillyD} cov'd .43
[10:53] {Threei} .30
[10:53] {Threei} +.39
[10:53] {Threei} took considerable math efforts
[10:54] {BillyD} lol
[10:54] {Threei} .75 stop
[10:54] {BillyD} I cov'd 1/2 around even after pop up and NQ was popping up more
[10:55] {Threei} lose 2020 NQ
[10:55] {Threei} I want under 105
[10:56] {BillyD} should work now
[10:56] {Threei} still kicking
[10:56] {Threei} even though shouldn't
[10:57] {BillyD} not my fault anymore...I'm out....lol
[10:57] {Threei} wants me to work for my money... if I wanted that I'd become a plumber
[11:01] {Threei} beautiful
[11:01] {Threei} out .86
[11:01] {Threei} 69 + 14
[11:01] {Threei} +. 83
[11:02] {BillyD} very nice
[11:02] {Threei} you mean my math sakills no doubt
[11:02] {BillyD} wait...let me check
[11:02] {Chaeron} and typing/spelling skills
[11:02] {Threei} ah those
[11:07] {Threei} I think I need a keyboard with keys twice as big... somehow they all seem to touch one another and produce two letters instead of one
[11:22] {Threei} time for NQ to pullback
[11:23] {Threei} great missed RIMM short while typed that, lol
[11:24] {Threei} OK{ this spike
[11:25] {Threei} shorted
[11:27] {Threei} stopped, too strong still
[11:29] {Threei} second try
[11:29] {Threei} covered 107.75
[11:30] {Threei} +.29
[11:30] {Threei} am I fighting the trend or what
[11:31] {BillyD} I tried at 108 on bounce upand ended up stopping 108.15
[11:32] {BillyD} NQ keeps popping up on pb
[11:32] {Threei} short once again
[11:32] {Threei} should get something more decent this time
[11:33] {Threei} half out .68
[11:33] {Threei} stop above 108
[11:35] {Threei} come on NQ, 25 points bounce deserves a pullback finally, no?
[11:35] {Threei} {NQ} you pull back
[11:36] {BillyD} kick it
[11:36] {Threei} you think violence is the answer?
[11:36] {Threei} out
[11:36] {BillyD} no...it's kicking harder right now
[11:36] {Threei} +.30 and -.05
[11:36] {Threei} lol, by you violence is the answer only when you are stronger, right?
[11:37] {Threei} (not that I disagreed with that)...
[11:37] {BillyD} yes.....must know your limitations
[11:38] {BillyD} it's like....ok RIMM I can't seem to time my entries properly so I'll just back away for the moment
[11:39] {Threei} I hav e impression that last entries were against the grain and I made money onl;y thanks to natural volatility
[11:39] {Threei} just quickly exiting when it jumped around and appeared in profitable zone
[11:39] {BillyD} lucky
[11:40] {BillyD} where's dino...hehe
[11:40] {Threei} :)
[11:46] {Threei} UPDATE: NEEDHAM INITIATES CRDC WITH BUY, PRICE TARGET: $10
[11:50] {Threei} keep an eye on CRDC, it's a dangerous one but a mover when catches attention
[11:50] {Chaeron} Needham - decent firm
[11:50] {BillyD} when did that upgrade come out?
[11:50] {Threei} 14:45 on wire
[11:50] {Threei} that's what got my attention Chaeron, thanks for confirmation
[11:51] {Chaeron} yeah... reputable
[11:51] {Threei} not some boutique with no slightest idea
[11:51] {BillyD} thx...
[11:51] {BillyD} or paid pvt research firm
[11:55] {Threei} paid in those same shares they will dump on you if you believe their upgrade and buy
[11:55] {Threei} embodiment of conflict of interest
[11:56] {Threei} but of course that never happens... right?
[11:56] {BillyD} never
[11:57] {BillyD} den of thieves
[11:57] {BillyD} amongst thieves
[11:58] {Threei} ah come on Billy, we are just on a wrong side of business :)
[11:59] {bruce} I think billy pegged them pretty well
[11:59] {BillyD} well Vad....it is just part of the rules in trading....anything goes
[12:05] {dptl} 15 trades rimm today total points profit :+1.10 so far
[12:06] {Threei} well done
[12:06] {dptl} tnx learning
[12:06] {BillyD} nice dp
[12:08] {Chaeron} LAserDave - dcc
[12:09] {BillyD} if you get him...ask him to see mine
[12:09] {Chaeron} oh great......
[12:10] {BillyD} lol
[12:13] {Threei} CRDC maybe has it in itself... watching
[12:15] {Threei} dp, one word of caution if I may
[12:15] {Threei} do not consider RIMM your personal ASTM from now on and forever
[12:15] {Threei} ATM
[12:16] {Threei} they adopt readable patterns, then lose the tune
[12:16] {Threei} and if you don't spot the moment, you continue playing them by old rules which they do not obey anymore
[12:16] {dptl} yep as long as i can read it
[12:16] {Threei} it can happen even within a single day for a while
[12:17] {Threei} so gotta check for the following all the time
[12:19] {dptl} morning was ugly for me and then everything start working out
[12:34] {Threei} in CRDC
[12:36] {Threei} TREASURY'S STEEL: GLOBAL ECONOMY IS STRONG, US FUNDAMENTALS ARE HEALTHY
[12:36] {Threei} - Says housing decline is the most significant risk to the US economy, as US foreclosure rate is to remain elevated over the next 18 months
[12:36] {Threei} buyers have responsibility to understand mortgages, and mortgage providers must offer understandable information --- what a novel concept
[12:41] {Threei} RIMM level of interest for long again
[12:42] {Threei} +.49
[12:42] {Threei} come on CRDC, break 8
[12:47] {Threei} wanted RIMM around 106 this time... I guess I wanted too much
[12:48] {Threei} CRDC baby
[12:49] {Threei} offering 8.25, won't let it lose 8 on me, too close to eod
[12:50] {Threei} OK, out
[12:51] {Threei} too bad, if it had 1 hor mopre I'd get my 8.25 :)
[12:51] {Threei} worth watching tomorrow
[12:52] {Threei} sneaky thing, I like the way it quietly went up
[12:52] {BillyD} sneaky needham
[12:52] {Threei} lol
[12:52] {Threei} I like it
[12:53] {BillyD} good reads today Vad....
[12:53] {Threei} ty
[12:53] {Threei} not too active day
[12:53] {BillyD} no...but you are seeing very clearly
[12:55] {Threei} 3 eyes, you know...
[12:55] {BillyD} throw a blind man a cane...eh
[12:55] {Threei} (I know that's what cosmo was going to say, so I said it first)
[12:56] {Threei} argh, missed CSIQ diving to 16
[12:56] {Threei} OK guysd, thank you all
[12:56] {BillyD} ty
[12:56] {Threei} have a good evening, see you tomorrow
[13:01] {dptl} have a good evening see ya tomorrow all
Thursday, November 15, 2007
November 15, 2007
Session Start: Thu Nov 15 00:00:00 2007
Session Time: Thu Nov 15 00:00:00 2007
[05:27] {bruce} morning all
[05:36] {Threei} morning bruce
[05:37] {Threei} *OCT CONSUME PRICE INDEX M/M: 0.3% V 0.3%E, CPI EX FOOD_ENERGY M/M: 0.2% V 0.2%E, CPI NSA: 208.936 V 208.900
[05:37] {Threei} *INITIAL JOBLESS CLAIMS: 339K V 320KE, CONTINUING CLAIMS:2.568 M V 2.575ME
[05:37] {Threei} - Prior Continuing Claims revised from 2.579M to 2.575M
[05:38] {Threei} *NOV EMPIRE MANUFACTURING: 27.4 V 19.0E
[05:39] {hawkfan4} good morning vad
[05:41] {bruce} hello hawk
[05:43] {Threei} hawk :)
[05:45] {hawkfan4} morning bruce
[05:45] {bruce} do you need to reset laser charts every morning vad?
[05:45] {Threei} no why?
[05:45] {bruce} I keep a few small thmbnail charts always open
[05:45] {bruce} each morning about half never open
[05:46] {bruce} I need to type in new stock symbol to get them to display anything
[05:46] {Threei} did you save the layout after you made changes?
[05:46] {bruce} yes
[05:46] {Threei} wait... never opens as in don't show anything, remaining blank? or window itself doesn't appear?
[05:46] {bruce} not a big deal
[05:46] {bruce} just a nuisance
[05:47] {bruce} well for example
[05:47] {bruce} one chart is of rimm
[05:47] {bruce} it says rimm
[05:47] {cosmo} ADLS pre mkt high = 2.95 ...so far
[05:47] {bruce} but nothing is showing
[05:47] {bruce} and there is an x in left corner
[05:48] {Threei} X is a sign that chart is not working, yes
[05:48] {bruce} if I type ibm that stock comes up ok
[05:48] {bruce} then I can type rimm again and it will be ok
[05:48] {Threei} but why it happens for you and not for me... no idea
[05:48] {bruce} I'm using vista
[05:48] {Threei} argh
[05:48] {Threei} POS
[05:48] {bruce} may be a glitch
[05:49] {bruce} about half come up and half dont
[05:49] {Threei} [ADLS] Advanced Life Sciences Cethromycin Achieves All Endpoints in Second Pivotal Phase III Trial for Treatment of Pneumonia
[05:50] {Threei} will be years or some unexpected event that makes me switch to vista
[05:52] {dptl} good morning all
[05:53] {Threei} dp :)
[05:53] {cosmo} LOCM pre mkt high = 4.51 ...so far
[05:53] {Threei} I don't see any LOCM news
[05:54] {cosmo} Local.com begins licensing local search tdchnology
[05:54] {cosmo} Briefing.com (Thu 7:02am)
[05:54] {Threei} ty
[05:54] {cosmo} :)
[05:55] {Threei} OPEC PRESIDENT: HIGH OIL PRICES ARE POTENTIALLY DANGEROUS; HIGH OIL PRICES HAVE A LIMITED IMPACT ON DEMAND
[05:55] {bruce} hi dp, cosmo
[05:55] {cosmo} bruce:)
[05:58] {Threei} NUAN GUIDES FY08 R$875-900M V 864.7M
[06:02] {esemde} good morning ....NUAN is back ehhhhhh
[06:02] {Threei} ese :)
[06:02] {Threei} morning fingers warm-up
[06:02] {Threei} grabbed half lot at 20, bailed at 20.07 and .06
[06:02] {Threei} made whole 25 bucks
[06:03] {esemde} nice work.....pre a post trding is a tough business
[06:03] {Threei} MICROSOFT TO PAY $46M TO ACQUIRE MUSICWAVE SA FROM OPWV
[06:03] {Threei} something's wrong with NUAN
[06:04] {Threei} dumping like there is no tomorrow
[06:04] {Threei} or there is but very bleak
[06:04] {bruce} hi ese
[06:05] {bruce} how are you dealaing w new celebrity status?
[06:06] {bruce} rimm appears to be at premarket low
[06:06] {dino} gm all;
[06:06] {bruce} want to try a bouce vad?
[06:07] {Threei} dino :)
[06:07] {bruce} hi dino
[06:07] {Threei} he is not really NEW celebrity bruce... name him to practically anyone in music scene here, everyone nods
[06:07] {Threei} bounce on what?
[06:07] {Threei} NUAN?
[06:07] {bruce} no answer - hes proably signing autographs right now
[06:07] {dino} gm bruce
[06:07] {bruce} rimm
[06:07] {Threei} or instructing his bodyguards to keep you away bruce
[06:08] {bruce} you bet - I'm dangerous
[06:08] {Threei} hmmm... not sure
[06:08] {Threei} RIMM is dangerous as it is, multiply by 3 premarket
[06:08] {bruce} about dangerous or the bounce?
[06:09] {Threei} lol, bounce
[06:09] {bruce} k
[06:09] {Threei} my take on premarket trading:
[06:10] {Threei} it takes something very very clear or extraordinary to make me do it
[06:11] {Threei} routine opportinities will be presented all over during normal market hours, why would I want to chase them in more risky premarket environment
[06:11] {bruce} k - same
[06:11] {bruce} I start looking at charts about premarket open - but don't trade those
[06:11] {Threei} same
[06:11] {bruce} spreads too big
[06:11] {Threei} shape up initial universe of stocks to watch
[06:15] {Threei} NTAP is back to yesterday's close
[06:24] {Roman} LDK alert
[06:25] {Roman} LDK sees Q4 $0.37-0.41 vs $0.39 Reuters consensus; sees revs $165-170 mln vs $163.12 mln Reuters consensus
[06:25] {Threei} too bad I couldn't short it for long term hold
[06:32] {Threei} NTAP short ,89
[06:32] {Threei} 27.01 stop
[06:33] {dino} rig hl l .13
[06:33] {Threei} out .65
[06:33] {dino} stop lod
[06:33] {Threei} 1:3 in seconds
[06:34] {Threei} 1:2 sorry
[06:34] {Threei} and if I had just a bit more patience...
[06:34] {bruce} missed it completely
[06:34] {bruce} never got it up in time
[06:34] {Roman} ETFC
[06:34] {bruce} nice trade bvad
[06:34] {Threei} it was there for a while after my post...
[06:36] {esemde} long CSIQ 14.93....
[06:36] {bruce} what do you call that ?
[06:36] {bruce} short continuation on pullback?
[06:37] {Threei} just short...
[06:37] {Threei} nice CSIQ ese
[06:39] {Threei} half out?
[06:40] {esemde} out CSIQ .35 +.42
[06:40] {Threei} wtg
[06:40] {esemde} still goin but i'll take my .42
[06:41] {dino} gj
[06:42] {Threei} as much as I would like to tell you "no, hold it"... my hardcore scalper's nature prevents me from lecturing anyone of taking profit :)
[06:42] {esemde} if it retraces i'lll think about the pull back
[06:42] {Threei} or consolidates and forms a range for breakout
[06:42] {Threei} SEED
[06:43] {esemde} yes
[06:43] {Threei} I don't swee any SEED news
[06:43] {Roman} GIGM
[06:43] {Roman} long off 21
[06:43] {Threei} thing dropped from highs deep enough to beconme a bounce play
[06:44] {Threei} 6.67 long half lot
[06:44] {Threei} OPEC PRESIDENT SAYS WILL NOT HESITATE TO INCREASE OUTPUT IF WARRANTED BY SHORTAGES
[06:46] {Threei} sheesh NTAP
[06:47] {bruce} ptry
[06:47] {Threei} living proof why I have no rights to tell anyone to hold longer
[06:47] {Threei} 09:46:50 ADMIN7 --} (All): NASDAQ has declared Self Help against the New York Stock Exchange (NYSE) as/of 9:34:45 E.T
[06:47] {Threei} what the heck does that mean
[06:48] {bruce} hmmm - maybe they're offering relaxation courses to nyse market makers?
[06:49] {dino} rig stopped -.34
[06:49] {Threei} 09:49:16 ADMIN7 --} (All): NYSE having systemwide problems!
[06:51] {esemde} long ESLR 13.23
[06:54] {esemde} out ESLR .43 +.20 scalp
[06:54] {Threei} wtg
[06:54] {Threei} ese is hot
[06:54] {Threei} if a quote is not updating, a market center can declare self-help, and must notify the destination(s) of its order flow that a self-help situation exists. In such a situation, NASDAQ will turn off its router to the market center (as it has in the past). What is new is the explicit declaration of a self-help situation.
[06:54] {esemde} tks....
[06:55] {bruce} congrats ese
[06:55] {bruce} no idea at all how you saw eslr as a ong but gald it worked for you
[06:56] {dino} gsol l .92, stop .46
[06:56] {esemde} done for the day basically....
[06:56] {Threei} ese is my hero... wake up, grab easy money, go about your life... or back to sleep
[06:57] {dino} great job ese
[06:57] {esemde} tks Vad....have a good mentor
[06:57] {esemde} Am just going to be watching and enjoying you all
[06:58] {Threei} care to introduce me to him?
[06:58] {esemde} sure he make great shikabob
[06:58] {Threei} OK, I think I finally found it
[06:58] {Threei} Nasdaq Self Help Declarations/Revocations messages (“Notices”). These Notices will alert participants that Nasdaq is experiencing communications issues with a particular market center. It is intended to cause members to perform an independent review of their communications with that market center and assess their trading obligations with respect to that market
[06:59] {Threei} just an aleret about troubles at certain market
[06:59] {bruce} translation - dont trade nyse now
[06:59] {Threei} yep, and for NYSE - "get your sh*t together
[07:00] {Threei} Roman's SATC is trying
[07:01] {Threei} CSIQ again
[07:01] {Threei} .20 break half lot long
[07:01] {dino} gsol stopped , major slippage -.60
[07:01] {Threei} only if stays above 16
[07:01] {bruce} yep - really rinsed on that one
[07:02] {dino} nose bleeding, they tagged me
[07:02] {Threei} CSIQ 1:1
[07:03] {Threei} exit into spike
[07:03] {Threei} out .60
[07:03] {esemde} nice work....
[07:03] {Threei} quick and easy .37, got it at .23
[07:03] {esemde} see.... i said i'd enjoy this
[07:04] {Threei} :)
[07:04] {dino} ati hl l .25, stop .83
[07:06] {dino} stopped. taking a break
[07:07] {bruce} major downspike - good you got out dino
[07:08] {Threei} 16.80 break CSIQ again, small shares
[07:08] {dino} yeah
[07:08] {Threei} geting riskier as moves higher
[07:08] {dino} off of .00 try again
[07:08] {dino} mkt wants up imo
[07:09] {Threei} exit here
[07:09] {Threei} quick 25 cents
[07:09] {dino} ok
[07:10] {bruce} nice vad - I didn't take it - looked like stop was about .29?
[07:10] {Threei} {--- major source of ese's enetrainment this morning
[07:10] {Threei} .29??
[07:10] {Threei} no way
[07:10] {Roman} long ESLR
[07:11] {bruce} k - thats last low I saw on one min
[07:11] {Threei} two bars before the break bottomed just above .50
[07:12] {dino} the only bar i see is a block up the street
[07:12] {bruce} k - I see that too
[07:12] {bruce} just wondering where I would have set stop if had taken it
[07:13] {bruce} thanx
[07:13] {Threei} I would replace it with candles dini, but I am scared even to think what kkinf of associations that could inbvoke in you
[07:14] {dino} lol
[07:14] {Threei} :)
[07:14] {Threei} NTAP .51 long
[07:14] {Threei} .39 stop
[07:15] {Threei} sheesh CSIQ
[07:15] {esemde} No kidding....
[07:16] {esemde} wowwwww
[07:17] {bruce} stopped ntap
[07:19] {dino} dwsn pop
[07:20] {Threei} DTSI small shares long if breaks .28
[07:21] {Threei} CSUN
[07:21] {Threei} .85 half lot long
[07:22] {bruce} stop .14 dtsi vad?
[07:22] {Threei} yes but slippage will likely take you out under .10
[07:22] {Threei} so small shares
[07:23] {bruce} k
[07:23] {Threei} ugh... mistype CSUN
[07:23] {Threei} .55 trigger
[07:24] {bruce} was wondering about that
[07:24] {bruce} big offer at .58 vad
[07:24] {Threei} and big bid at .50...
[07:24] {Threei} momo comes they all don't matter
[07:25] {bruce} k
[07:25] {Threei} no momo, even 1K offer will scare them off
[07:31] {Threei} *DOE CRUDE: +2.8M V -750KE; GASOLINE: +714K V -100KE; DISTILLATES: -2M V -200KE; UTILIZATION: 87.7 % V 86.7%E
[07:31] {Threei} *EIA NATURAL GAS INVENTORIES: -9BCF VS. -5 TO -10 BCF EXPECTED RANGE
[07:31] {bruce} csun stop to .39 would think?
[07:31] {Threei} yup
[07:32] {Threei} we are swimming in oil according to those numbers or what
[07:35] {bruce} bloody hell - stopped
[07:35] {bruce} sheesh
[07:37] {dino} thatkkind of day sop far, stops
[07:43] {Threei} CSIQ bounce candidate
[07:44] {Threei} as close to 16 as possible
[07:47] {Threei} missed... wanted it lower
[07:49] {bruce} actg long vad?
[07:50] {Threei} .40 break...
[07:50] {Threei} worth a try, half lot
[07:50] {Threei} stop would have to be under .20
[07:51] {bruce} k - was hoping .25 would be reasonalbe stop
[07:51] {Threei} .24
[07:52] {Threei} best I can do, sorry :)
[07:52] {Threei} I would have to go to my super to get you a better price
[07:52] {bruce} lol - understood - got to listen to market
[07:54] {Roman} SATC
[07:57] {dino} rimm 105
[07:57] {Roman} LOCM high
[07:59] {Threei} very nice read on SATC roman
[07:59] {Threei} I wish I had patience for this kind
[08:02] {Threei} bruce
[08:02] {Threei} offer it out
[08:02] {Threei} it's trading above 1:1 at the offer
[08:03] {Roman} GIGM spike
[08:03] {bruce} out
[08:03] {Threei} good
[08:03] {bruce} thanx
[08:03] {Threei} I don't care what it does next, you just need a win
[08:03] {bruce} 3 stops 1 win
[08:04] {bruce} probably should have stopped for day already butglad that one worked
[08:04] {Threei} I don't want to overdrill it... but review the calls
[08:04] {Threei} you skipped all winning ones, and fairly decent size of wins,
[08:04] {Threei} and picked two small stops
[08:05] {bruce} yes - missed winners
[08:06] {bruce} typical
[08:06] {Threei} the day you know why you do it, or learn how to overcome this is the day tyour trading turns around
[08:07] {bruce} it wan't intentional vad
[08:07] {bruce} busy looking for trades and look at this screen intermittently
[08:07] {Threei} of course not
[08:08] {Threei} but when it happens so often that you label it as typical
[08:08] {Threei} it's not an accident
[08:08] {bruce} it is typical
[08:08] {Threei} it's a pattern
[08:08] {bruce} you've seen it
[08:08] {bruce} don't see how that canhappen over and over
[08:08] {Threei} I have
[08:08] {bruce} I'm not screening what I take
[08:14] {esemde} have a great rest of the day everyone.....
[08:14] {bruce} see you ese
[08:14] {Threei} take cares ese
[08:14] {esemde} see ya bruce Vad...
[08:19] {bruce} wow - actg - wish I'd held half
[08:19] {Threei} no you don't
[08:22] {bruce} loh_ was good to exit withwin on all of it for sure
[08:30] {bruce} bucy dino
[08:33] {dino} dk
[08:35] {bruce} nyse is having connection issues dino
[08:36] {bruce} any read bphx vad?
[08:36] {Threei} not really
[08:37] {Threei} can do anything here
[08:37] {bruce} k
[08:44] {dino} abii
[08:45] {dino} can't be right
[08:45] {dino} spinoff
[08:46] {Threei} eeck
[08:47] {dino} for the mkt being down only a couple, stocks i watch are getting crushed
[08:47] {bruce} wow - almost 9$ spread
[08:48] {dino} we missed that, should've took a 100 shares short
[08:48] {bruce} probably not a great time to be swing trading - stocks seem to be pretty erratic
[08:49] {bruce} shell shocked here dino- looking for something a bit safer
[08:49] {dino} yeah, i'm not doing much
[08:50] {dino} watching dwsn for bottom and actg for spike up to short
[08:50] {dino} serious pin action imo, taking lots to the 5's and 0's
[08:50] {Threei} GNBT...
[08:51] {Threei} hate this stock... but seems to be climbing steadily
[08:52] {bruce} I thought you advised agains t stocks with such a small daily range vad
[08:53] {Threei} that's why I hate it
[08:53] {bruce} lol
[08:53] {Threei} it's eaither swing, or sclap type 1 if you can identify the setup
[08:53] {bruce} fwiw hon has really nice tend too - but who knows where it will reverse - and its nyse
[08:57] {bruce} do you find most of your winning trades tend to work out right away dino?
[08:59] {dino} no, my entries usually suck
[08:59] {dino} expect to be wrong...as i usually lose a dime on entry
[08:59] {bruce} not true - saw youcatch almost exact bottom or top multiple times
[09:00] {dino} small %
[09:00] {Threei} *NOV PHILADELPHIA FED INDEX: 8.2 V 5.0E
[09:00] {dino} but doesn't matter, size and stop matter. profits=luck... losses = skill
[09:00] {Threei} - New Orders: 3.5 v 2.7 prior
[09:00] {Threei} - Employment: 4.8 v 12.6 prior
[09:00] {Threei} - Prices Paid: 37.7 v 40.3 prior
[09:01] {bruce} k
[09:14] {bruce} ntap deciding whether to breakdown
[09:15] {bruce} thought on ntap vad?
[09:17] {dino} ms l .86 hl
[09:21] {Threei} tough one bruce...
[09:22] {bruce} k
[09:23] {dino} ms stop is .69 fwiw
[09:27] {dino} out -.17\
[09:31] {bruce} bad luck today dino
[09:32] {dino} yes, not my day, most likely end in red
[09:36] {bruce} rimm is dropping
[09:38] {dino} appy
[09:40] {dino} hl l .79
[09:44] {dino} stop is .49
[09:45] {bruce} thanx dino
[09:46] {dino} np
[09:53] {dino} almost like double ottom day on rimm, dwsn, rig, nyx, drys, tbsi, etc
[09:54] {dino} bottom
[09:56] {dino} tighen appy to b/e stalled
[09:57] {bruce} yes
[09:57] {bruce} exiting dino
[09:57] {bruce} no nerves today
[09:58] {bruce} gonna take a break
[09:58] {dino} brb
[10:11] {Threei} CSIQ, 16.10 worth a try long if not losing 15.90 anymore
[10:17] {Threei} wow... blast from the past... ADAM
[10:25] {Threei} half lot short ACTG right here
[10:25] {Threei} stop over .60
[10:26] {Threei} just counting in .50 continuing holding
[10:26] {dino} ehth
[10:28] {Threei} still going
[10:33] {dino} missed it
[10:33] {Threei} die ACTG
[10:34] {dino} you took it where?
[10:34] {dino} ok i see above
[10:35] {Threei} .47
[10:37] {Threei} 1:1... feels like has more in it...
[10:37] {Threei} bidding .15
[10:37] {Threei} won't let it go over .35 on me
[10:38] {dino} gj
[10:38] {Threei} half done
[10:38] {Threei} done in full
[10:39] {Threei} that was nice... no upticks, just died
[10:40] {dino} ehth s hl .55, stop .01
[10:41] {dino} gj
[10:44] {dino} bstop to .31
[10:44] {dino} to .12
[10:45] {dino} stopped .10, +.45
[10:46] {Threei} wow, gutsy one
[10:46] {Threei} ugh, ACTG still dropping
[10:46] {dino} something had to work, :)
[10:46] {Threei} LOCM some enthusiasm
[10:46] {dino} big bounce
[10:47] {dino} frpt
[10:49] {dino} frpt l hl .00, stop .73
[10:50] {Threei} some day I will be like dino, and will hold ACTG short for real move :)
[10:52] {dptl} still holding
[10:53] {dino} lol, i only get the big ones when they don't bounce to my trailing stop
[10:53] {Threei} ACTG dp??
[10:53] {dptl} yep
[10:53] {Threei} wow, you are patient one
[10:53] {dino} gj
[10:53] {Threei} this one never did dino... I just bid it into sharp drop
[10:54] {Threei} with trailing it would work for something like 16.80
[10:54] {Threei} and I covered 30 cents higher on average
[10:55] {Threei} I was tempted to say "bidded" but was scared of Raven
[10:56] {dino} lol
[10:56] {Threei} come on dp, it strengthens
[10:57] {Threei} trail to .86
[10:57] {Threei} please?
[10:57] {dptl} ah....covered .82
[10:57] {Threei} wtg
[10:57] {Threei} that was a grown-up trade
[10:57] {Threei} dino-like
[10:58] {dptl} +.58
[10:58] {dino} great job
[10:58] {dptl} thnx
[10:59] {Threei} one such trade can make whole day
[10:59] {Threei} and it was anything but stressful
[10:59] {Threei} lousy 10-15 cents stop
[11:00] {dino} fmcn
[11:01] {dino} apopy stopped -.04
[11:01] {Threei} in FMCN, stop just under .50
[11:01] {Threei} small of course
[11:04] {Threei} bids started chasing up
[11:05] {Threei} come on, move
[11:05] {Threei} nope
[11:06] {Threei} those were all real bids, and got sold into
[11:08] {Threei} can't decide if it's worth a second try
[11:17] {Raven} back ... "bidded" ... ohmygod
[11:18] {bruce} is ohmygod a word raven?
[11:18] {Raven} you bet
[11:18] {bruce} k
[11:18] {bruce} adding it to vacab learned here
[11:18] {Raven} yes
[11:21] {Threei} bidded is just as good as spreaded
[11:21] {Threei} or selled
[11:21] {Threei} or striked
[11:22] {Raven} {}
[11:22] {Raven} sheesh
[11:22] {Threei} {--- hiding
[11:22] {Threei} ummm... I should say "hided"
[11:22] {Raven} that does it
[11:22] * Raven slaps Threei around a bit with a large trout
[11:22] {Threei} uh oh
[11:22] {Threei} hided not too well I see
[11:22] * Raven slaps dino around a bit with a large trout
[11:23] * Raven and Chaeron too
[11:24] * Raven kicks magoo out of his tree stand
[11:25] {bruce} fmcn tricky ba@ta@d
[11:25] {bruce} new low then higher low confirmation of trend reversal
[11:27] {dino} lol\
[11:33] {bruce} dino - you would have given fmcn about 20c from new low for your stop if had traded it as reversal?
[11:39] {dino} y
[11:39] {dino} never hit me i was at 54.05
[11:39] {Threei} raven hit you
[11:39] {Threei} doesa it count?
[11:40] {Threei} I mean he hitted you
[11:40] {Threei} gosh, one day Raven is going to take a trip to Victoria just to suffocate me
[11:41] {bruce} ah - you mean your long entry is at .05 or your stop?
[11:41] {dino} long entry, stop was .69\
[11:41] {bruce} k - got you
[11:41] {dino} figured .00 would hold
[11:41] {dino} not trading it now tho
[11:42] {Raven} lol
[11:42] {bruce} looks like you read it right - doesn't seem to be done dumping yet
[11:42] {dino} can't figure out what this mkt wants today
[11:42] {Raven} your $$
[11:42] {bruce} lol
[11:42] {bruce} raven nailed it
[11:42] {Threei} sure... but why "today"?
[11:43] {Raven} because it is snowing ?
[11:43] {Threei} maybe I am paranoid... but it seems to me it always wants mine
[11:43] {Threei} rarely gets it though
[11:43] {Raven} heh
[11:43] {bruce} lol - got to learn to share vad
[11:43] {Threei} my streak continues so far, no single l,osing day in Nov
[11:44] {Raven} nice
[11:44] {Threei} I shared my fair share in 1996-1998 bruce
[11:44] {bruce} great
[11:44] {Threei} enough is enough
[11:44] {bruce} feel same
[11:44] {Threei} since then sharing goes one way
[11:44] {bruce} done done done w sharing
[11:51] {dino} bidu -24
[11:52] {Threei} -26 you mean
[11:53] {dino} lol
[12:00] {dino} rimm back to 100
[12:09] {Threei} getting tempted by RIMM
[12:09] {dino} same thinking overnight
[12:09] {dino} same w/bidu small
[12:11] {Threei} in for a scalp
[12:11] {Threei} .28
[12:12] {Threei} happily out
[12:12] {Threei} .65
[12:15] {Threei} sigh
[12:15] {Threei} do I ever grow up
[12:17] {bruce} why would you want to vad?
[12:17] {Threei} I wanna be like dino
[12:17] {bruce} would make you an "old fart" as the kids say
[12:17] {bruce} lol
[12:17] {Threei} ummm
[12:17] {Threei} am afraid I am there already, lol
[12:18] {dino} dino is younger than vad
[12:18] {bruce} just get yourself one of those funny circus mirrors
[12:18] {Threei} dino gets bigger moves
[12:18] {bruce} lucky you dino
[12:18] {bruce} youth
[12:18] {dino} missed both, my kids distracted me
[12:18] {bruce} \good lucks
[12:18] {bruce} and good lucks in the markets
[12:18] {bruce} what more could you ask for?
[12:19] {bruce} lol
[12:20] {dino} bidu up 6
[12:22] {bruce} yes -i like dinos plays too- like the larger moves
[12:24] {Threei} don't take my blabbing too seriuosly bruce
[12:24] {Threei} what I do works for me for many years
[12:24] {Threei} indivudual personalitytraits form the way of trading
[12:24] {dino} you have to find your own style bruce.
[12:24] {bruce} understood
[12:24] {Threei} and I am a bit too old to change my personality
[12:25] {Threei} entire process of learning to trade is nothing more than process of learning what you are
[12:26] {Threei} and how to transfer this knowledge into what youi do
[12:26] {dptl} yep...i am still trying to figure that out
[12:26] {bruce} me too
[12:26] {bruce} does shallow count?
[12:27] {Threei} that would be me
[12:27] {dino} lol
[12:27] {Threei} so yes it doesa
[12:27] {bruce} damn - hoped not
[12:27] {Threei} tree good, fire bad
[12:27] {Threei} this deep wisdom is enough to trade correctly
[12:28] {Threei} profit good, loss bad - there, try to beat this
[12:28] {bruce} lol
[12:28] {Threei} now, the real shocker bruce:
[12:28] {bruce} possible reversal setup cmi dino
[12:28] {Threei} if you think the right way to trade is much different from what I just said, you are mistaken
[12:29] {Threei} it's just that it takes a lot of complications to arrive at this simplicity
[12:29] {Threei} but when things click for you, you find out that this is really that simple
[12:29] {bruce} well - starting to think I'm just cursed
[12:30] {bruce} would have quit long ago if had any brains
[12:30] {Threei} there is a good reason why dino repeats all the time "keep it simple"
[12:30] {Threei} noone is cursed
[12:30] {Threei} you are looking in a wrong place
[12:31] {Threei} and if I thought like that, I would have quit somewhere in a course of my first two years
[12:31] {Threei} what a shame that would be
[12:31] {Threei} RIMM ready again
[12:31] {bruce} you haven't noticed my knack for jinxing your own callsw?
[12:32] {Threei} nope
[12:32] {Threei} you just pick out of them
[12:32] {Threei} some work some don't
[12:32] {Threei} normal for me
[12:32] {Threei} most work as you can see easily if you go over log
[12:34] {Threei} but when you try to pick only working ones you ruin the very core of the approach
[12:34] {dino} right
[12:34] {dino} 'cause you mess w/the system
[12:34] {dino} crrc
[12:34] {bruce} I don't do that though
[12:34] {Threei} yep, tryying to beat the odds
[12:34] {Threei} no?
[12:35] {bruce} laptop is not in direct view
[12:35] {Threei} each day you follow several losing ones while skipping several winning ones
[12:35] {bruce} so sometimesw I don't see trade till after it fires
[12:35] {dino} thin
[12:35] {dino} ccrc i mean
[12:35] {Threei} didn't think you meant me
[12:35] {Threei} 'cause am not
[12:36] {Threei} but am trying
[12:36] {Threei} diet... exericise...
[12:41] {Raven} lol
[12:43] {Threei} tell me you got RIMM near 101 dino
[12:44] {dino} cmi l hl .75
[12:44] {Threei} 'cause I did... but being putz I am sold 101.65
[12:44] {dino} stop lod
[12:46] {dino} no
[12:46] {dino} cmi instead
[12:46] {Threei} :(
[12:46] {Threei} you would have held to 103
[12:46] {Threei} unlike shmuck me
[12:46] * Threei slaps dptl around a bit with a large trout
[12:46] {Threei} there... I feel better now
[12:47] {dptl} i would...lol
[12:47] {Threei} lol
[12:48] {Threei} underexploited RIMM today for some reason
[12:48] {Threei} just 3 trades
[12:48] {bruce} cmi w 113 breakand 112.50 stop dino?
[12:49] {dino} y
[12:49] {bruce} k
[12:49] {bruce} maybe i'm learning
[12:53] {Threei} argh
[12:53] {Threei} missed RIMM on dive under 102
[12:53] {Threei} wanted last scalp for the day
[12:54] {bruce} since when you starte to play stuff like rimm vad?
[12:55] {Threei} when it became readable
[12:55] {Threei} it stops I quit
[12:55] {Threei} I don't really have any preferences for stocks, I go where activity and readability is
[12:55] {Threei} and risk control within my tolerance of course
[12:56] {Threei} never could control DRYS for instance, never playing it
[12:56] {Threei} same for GOOG
[12:56] {Threei} very rarely BIDU
[12:56] {Threei} LULU was readable for a while then stopped
[12:56] {dino} frpt out flat
[12:57] {Threei} RIMM is great player these days, I am close to 80% on it
[12:57] {Threei} AAPL, AMZN same thing - sometimes can get a read on them, more often not
[12:57] {bruce} k
[12:58] {Threei} when there are no easy momo stocks, I just surf over all the usual suspects
[12:58] {Threei} if one of them shows good read, I founf my bread and butter for the time being
[12:59] {dino} cmi out .73-.02
[13:00] {Threei} ok guys, thank you
[13:00] {Threei} have a great evcening
[13:00] {Threei} see you tomorrow
[13:00] {bruce} wtg dino
[13:00] {bruce} thought you would get stopped
[13:00] {dino} had .50, but f'ck'd up
[13:00] {dino} down day, hope i didn't hurt anyone
[13:01] {bruce} it dropped below .5
[13:01] {Threei} you hurt my faith in humanity dino
[13:01] {bruce} worked ok to hold and get out at be
[13:01] {dino} i was in at .75, see above
[13:01] {bruce} yes
[13:01] {bruce} good exit
[13:02] {dino} 70$+ stocks i use about .50 on the stops
[13:02] {bruce} k
[13:02] {bruce} was thinking same
[13:02] {bruce} still pretty tight for those moves
[13:02] {bruce} they go tht fqar in 1 min candle
[13:03] {bruce} 6 down days in row for me
[13:03] {bruce} see you guys in am
[13:03] {dino} later bruce
[13:03] {bruce} yep
Session Time: Thu Nov 15 00:00:00 2007
[05:27] {bruce} morning all
[05:36] {Threei} morning bruce
[05:37] {Threei} *OCT CONSUME PRICE INDEX M/M: 0.3% V 0.3%E, CPI EX FOOD_ENERGY M/M: 0.2% V 0.2%E, CPI NSA: 208.936 V 208.900
[05:37] {Threei} *INITIAL JOBLESS CLAIMS: 339K V 320KE, CONTINUING CLAIMS:2.568 M V 2.575ME
[05:37] {Threei} - Prior Continuing Claims revised from 2.579M to 2.575M
[05:38] {Threei} *NOV EMPIRE MANUFACTURING: 27.4 V 19.0E
[05:39] {hawkfan4} good morning vad
[05:41] {bruce} hello hawk
[05:43] {Threei} hawk :)
[05:45] {hawkfan4} morning bruce
[05:45] {bruce} do you need to reset laser charts every morning vad?
[05:45] {Threei} no why?
[05:45] {bruce} I keep a few small thmbnail charts always open
[05:45] {bruce} each morning about half never open
[05:46] {bruce} I need to type in new stock symbol to get them to display anything
[05:46] {Threei} did you save the layout after you made changes?
[05:46] {bruce} yes
[05:46] {Threei} wait... never opens as in don't show anything, remaining blank? or window itself doesn't appear?
[05:46] {bruce} not a big deal
[05:46] {bruce} just a nuisance
[05:47] {bruce} well for example
[05:47] {bruce} one chart is of rimm
[05:47] {bruce} it says rimm
[05:47] {cosmo} ADLS pre mkt high = 2.95 ...so far
[05:47] {bruce} but nothing is showing
[05:47] {bruce} and there is an x in left corner
[05:48] {Threei} X is a sign that chart is not working, yes
[05:48] {bruce} if I type ibm that stock comes up ok
[05:48] {bruce} then I can type rimm again and it will be ok
[05:48] {Threei} but why it happens for you and not for me... no idea
[05:48] {bruce} I'm using vista
[05:48] {Threei} argh
[05:48] {Threei} POS
[05:48] {bruce} may be a glitch
[05:49] {bruce} about half come up and half dont
[05:49] {Threei} [ADLS] Advanced Life Sciences Cethromycin Achieves All Endpoints in Second Pivotal Phase III Trial for Treatment of Pneumonia
[05:50] {Threei} will be years or some unexpected event that makes me switch to vista
[05:52] {dptl} good morning all
[05:53] {Threei} dp :)
[05:53] {cosmo} LOCM pre mkt high = 4.51 ...so far
[05:53] {Threei} I don't see any LOCM news
[05:54] {cosmo} Local.com begins licensing local search tdchnology
[05:54] {cosmo} Briefing.com (Thu 7:02am)
[05:54] {Threei} ty
[05:54] {cosmo} :)
[05:55] {Threei} OPEC PRESIDENT: HIGH OIL PRICES ARE POTENTIALLY DANGEROUS; HIGH OIL PRICES HAVE A LIMITED IMPACT ON DEMAND
[05:55] {bruce} hi dp, cosmo
[05:55] {cosmo} bruce:)
[05:58] {Threei} NUAN GUIDES FY08 R$875-900M V 864.7M
[06:02] {esemde} good morning ....NUAN is back ehhhhhh
[06:02] {Threei} ese :)
[06:02] {Threei} morning fingers warm-up
[06:02] {Threei} grabbed half lot at 20, bailed at 20.07 and .06
[06:02] {Threei} made whole 25 bucks
[06:03] {esemde} nice work.....pre a post trding is a tough business
[06:03] {Threei} MICROSOFT TO PAY $46M TO ACQUIRE MUSICWAVE SA FROM OPWV
[06:03] {Threei} something's wrong with NUAN
[06:04] {Threei} dumping like there is no tomorrow
[06:04] {Threei} or there is but very bleak
[06:04] {bruce} hi ese
[06:05] {bruce} how are you dealaing w new celebrity status?
[06:06] {bruce} rimm appears to be at premarket low
[06:06] {dino} gm all;
[06:06] {bruce} want to try a bouce vad?
[06:07] {Threei} dino :)
[06:07] {bruce} hi dino
[06:07] {Threei} he is not really NEW celebrity bruce... name him to practically anyone in music scene here, everyone nods
[06:07] {Threei} bounce on what?
[06:07] {Threei} NUAN?
[06:07] {bruce} no answer - hes proably signing autographs right now
[06:07] {dino} gm bruce
[06:07] {bruce} rimm
[06:07] {Threei} or instructing his bodyguards to keep you away bruce
[06:08] {bruce} you bet - I'm dangerous
[06:08] {Threei} hmmm... not sure
[06:08] {Threei} RIMM is dangerous as it is, multiply by 3 premarket
[06:08] {bruce} about dangerous or the bounce?
[06:09] {Threei} lol, bounce
[06:09] {bruce} k
[06:09] {Threei} my take on premarket trading:
[06:10] {Threei} it takes something very very clear or extraordinary to make me do it
[06:11] {Threei} routine opportinities will be presented all over during normal market hours, why would I want to chase them in more risky premarket environment
[06:11] {bruce} k - same
[06:11] {bruce} I start looking at charts about premarket open - but don't trade those
[06:11] {Threei} same
[06:11] {bruce} spreads too big
[06:11] {Threei} shape up initial universe of stocks to watch
[06:15] {Threei} NTAP is back to yesterday's close
[06:24] {Roman} LDK alert
[06:25] {Roman} LDK sees Q4 $0.37-0.41 vs $0.39 Reuters consensus; sees revs $165-170 mln vs $163.12 mln Reuters consensus
[06:25] {Threei} too bad I couldn't short it for long term hold
[06:32] {Threei} NTAP short ,89
[06:32] {Threei} 27.01 stop
[06:33] {dino} rig hl l .13
[06:33] {Threei} out .65
[06:33] {dino} stop lod
[06:33] {Threei} 1:3 in seconds
[06:34] {Threei} 1:2 sorry
[06:34] {Threei} and if I had just a bit more patience...
[06:34] {bruce} missed it completely
[06:34] {bruce} never got it up in time
[06:34] {Roman} ETFC
[06:34] {bruce} nice trade bvad
[06:34] {Threei} it was there for a while after my post...
[06:36] {esemde} long CSIQ 14.93....
[06:36] {bruce} what do you call that ?
[06:36] {bruce} short continuation on pullback?
[06:37] {Threei} just short...
[06:37] {Threei} nice CSIQ ese
[06:39] {Threei} half out?
[06:40] {esemde} out CSIQ .35 +.42
[06:40] {Threei} wtg
[06:40] {esemde} still goin but i'll take my .42
[06:41] {dino} gj
[06:42] {Threei} as much as I would like to tell you "no, hold it"... my hardcore scalper's nature prevents me from lecturing anyone of taking profit :)
[06:42] {esemde} if it retraces i'lll think about the pull back
[06:42] {Threei} or consolidates and forms a range for breakout
[06:42] {Threei} SEED
[06:43] {esemde} yes
[06:43] {Threei} I don't swee any SEED news
[06:43] {Roman} GIGM
[06:43] {Roman} long off 21
[06:43] {Threei} thing dropped from highs deep enough to beconme a bounce play
[06:44] {Threei} 6.67 long half lot
[06:44] {Threei} OPEC PRESIDENT SAYS WILL NOT HESITATE TO INCREASE OUTPUT IF WARRANTED BY SHORTAGES
[06:46] {Threei} sheesh NTAP
[06:47] {bruce} ptry
[06:47] {Threei} living proof why I have no rights to tell anyone to hold longer
[06:47] {Threei} 09:46:50 ADMIN7 --} (All): NASDAQ has declared Self Help against the New York Stock Exchange (NYSE) as/of 9:34:45 E.T
[06:47] {Threei} what the heck does that mean
[06:48] {bruce} hmmm - maybe they're offering relaxation courses to nyse market makers?
[06:49] {dino} rig stopped -.34
[06:49] {Threei} 09:49:16 ADMIN7 --} (All): NYSE having systemwide problems!
[06:51] {esemde} long ESLR 13.23
[06:54] {esemde} out ESLR .43 +.20 scalp
[06:54] {Threei} wtg
[06:54] {Threei} ese is hot
[06:54] {Threei} if a quote is not updating, a market center can declare self-help, and must notify the destination(s) of its order flow that a self-help situation exists. In such a situation, NASDAQ will turn off its router to the market center (as it has in the past). What is new is the explicit declaration of a self-help situation.
[06:54] {esemde} tks....
[06:55] {bruce} congrats ese
[06:55] {bruce} no idea at all how you saw eslr as a ong but gald it worked for you
[06:56] {dino} gsol l .92, stop .46
[06:56] {esemde} done for the day basically....
[06:56] {Threei} ese is my hero... wake up, grab easy money, go about your life... or back to sleep
[06:57] {dino} great job ese
[06:57] {esemde} tks Vad....have a good mentor
[06:57] {esemde} Am just going to be watching and enjoying you all
[06:58] {Threei} care to introduce me to him?
[06:58] {esemde} sure he make great shikabob
[06:58] {Threei} OK, I think I finally found it
[06:58] {Threei} Nasdaq Self Help Declarations/Revocations messages (“Notices”). These Notices will alert participants that Nasdaq is experiencing communications issues with a particular market center. It is intended to cause members to perform an independent review of their communications with that market center and assess their trading obligations with respect to that market
[06:59] {Threei} just an aleret about troubles at certain market
[06:59] {bruce} translation - dont trade nyse now
[06:59] {Threei} yep, and for NYSE - "get your sh*t together
[07:00] {Threei} Roman's SATC is trying
[07:01] {Threei} CSIQ again
[07:01] {Threei} .20 break half lot long
[07:01] {dino} gsol stopped , major slippage -.60
[07:01] {Threei} only if stays above 16
[07:01] {bruce} yep - really rinsed on that one
[07:02] {dino} nose bleeding, they tagged me
[07:02] {Threei} CSIQ 1:1
[07:03] {Threei} exit into spike
[07:03] {Threei} out .60
[07:03] {esemde} nice work....
[07:03] {Threei} quick and easy .37, got it at .23
[07:03] {esemde} see.... i said i'd enjoy this
[07:04] {Threei} :)
[07:04] {dino} ati hl l .25, stop .83
[07:06] {dino} stopped. taking a break
[07:07] {bruce} major downspike - good you got out dino
[07:08] {Threei} 16.80 break CSIQ again, small shares
[07:08] {dino} yeah
[07:08] {Threei} geting riskier as moves higher
[07:08] {dino} off of .00 try again
[07:08] {dino} mkt wants up imo
[07:09] {Threei} exit here
[07:09] {Threei} quick 25 cents
[07:09] {dino} ok
[07:10] {bruce} nice vad - I didn't take it - looked like stop was about .29?
[07:10] {Threei} {--- major source of ese's enetrainment this morning
[07:10] {Threei} .29??
[07:10] {Threei} no way
[07:10] {Roman} long ESLR
[07:11] {bruce} k - thats last low I saw on one min
[07:11] {Threei} two bars before the break bottomed just above .50
[07:12] {dino} the only bar i see is a block up the street
[07:12] {bruce} k - I see that too
[07:12] {bruce} just wondering where I would have set stop if had taken it
[07:13] {bruce} thanx
[07:13] {Threei} I would replace it with candles dini, but I am scared even to think what kkinf of associations that could inbvoke in you
[07:14] {dino} lol
[07:14] {Threei} :)
[07:14] {Threei} NTAP .51 long
[07:14] {Threei} .39 stop
[07:15] {Threei} sheesh CSIQ
[07:15] {esemde} No kidding....
[07:16] {esemde} wowwwww
[07:17] {bruce} stopped ntap
[07:19] {dino} dwsn pop
[07:20] {Threei} DTSI small shares long if breaks .28
[07:21] {Threei} CSUN
[07:21] {Threei} .85 half lot long
[07:22] {bruce} stop .14 dtsi vad?
[07:22] {Threei} yes but slippage will likely take you out under .10
[07:22] {Threei} so small shares
[07:23] {bruce} k
[07:23] {Threei} ugh... mistype CSUN
[07:23] {Threei} .55 trigger
[07:24] {bruce} was wondering about that
[07:24] {bruce} big offer at .58 vad
[07:24] {Threei} and big bid at .50...
[07:24] {Threei} momo comes they all don't matter
[07:25] {bruce} k
[07:25] {Threei} no momo, even 1K offer will scare them off
[07:31] {Threei} *DOE CRUDE: +2.8M V -750KE; GASOLINE: +714K V -100KE; DISTILLATES: -2M V -200KE; UTILIZATION: 87.7 % V 86.7%E
[07:31] {Threei} *EIA NATURAL GAS INVENTORIES: -9BCF VS. -5 TO -10 BCF EXPECTED RANGE
[07:31] {bruce} csun stop to .39 would think?
[07:31] {Threei} yup
[07:32] {Threei} we are swimming in oil according to those numbers or what
[07:35] {bruce} bloody hell - stopped
[07:35] {bruce} sheesh
[07:37] {dino} thatkkind of day sop far, stops
[07:43] {Threei} CSIQ bounce candidate
[07:44] {Threei} as close to 16 as possible
[07:47] {Threei} missed... wanted it lower
[07:49] {bruce} actg long vad?
[07:50] {Threei} .40 break...
[07:50] {Threei} worth a try, half lot
[07:50] {Threei} stop would have to be under .20
[07:51] {bruce} k - was hoping .25 would be reasonalbe stop
[07:51] {Threei} .24
[07:52] {Threei} best I can do, sorry :)
[07:52] {Threei} I would have to go to my super to get you a better price
[07:52] {bruce} lol - understood - got to listen to market
[07:54] {Roman} SATC
[07:57] {dino} rimm 105
[07:57] {Roman} LOCM high
[07:59] {Threei} very nice read on SATC roman
[07:59] {Threei} I wish I had patience for this kind
[08:02] {Threei} bruce
[08:02] {Threei} offer it out
[08:02] {Threei} it's trading above 1:1 at the offer
[08:03] {Roman} GIGM spike
[08:03] {bruce} out
[08:03] {Threei} good
[08:03] {bruce} thanx
[08:03] {Threei} I don't care what it does next, you just need a win
[08:03] {bruce} 3 stops 1 win
[08:04] {bruce} probably should have stopped for day already butglad that one worked
[08:04] {Threei} I don't want to overdrill it... but review the calls
[08:04] {Threei} you skipped all winning ones, and fairly decent size of wins,
[08:04] {Threei} and picked two small stops
[08:05] {bruce} yes - missed winners
[08:06] {bruce} typical
[08:06] {Threei} the day you know why you do it, or learn how to overcome this is the day tyour trading turns around
[08:07] {bruce} it wan't intentional vad
[08:07] {bruce} busy looking for trades and look at this screen intermittently
[08:07] {Threei} of course not
[08:08] {Threei} but when it happens so often that you label it as typical
[08:08] {Threei} it's not an accident
[08:08] {bruce} it is typical
[08:08] {Threei} it's a pattern
[08:08] {bruce} you've seen it
[08:08] {bruce} don't see how that canhappen over and over
[08:08] {Threei} I have
[08:08] {bruce} I'm not screening what I take
[08:14] {esemde} have a great rest of the day everyone.....
[08:14] {bruce} see you ese
[08:14] {Threei} take cares ese
[08:14] {esemde} see ya bruce Vad...
[08:19] {bruce} wow - actg - wish I'd held half
[08:19] {Threei} no you don't
[08:22] {bruce} loh_ was good to exit withwin on all of it for sure
[08:30] {bruce} bucy dino
[08:33] {dino} dk
[08:35] {bruce} nyse is having connection issues dino
[08:36] {bruce} any read bphx vad?
[08:36] {Threei} not really
[08:37] {Threei} can do anything here
[08:37] {bruce} k
[08:44] {dino} abii
[08:45] {dino} can't be right
[08:45] {dino} spinoff
[08:46] {Threei} eeck
[08:47] {dino} for the mkt being down only a couple, stocks i watch are getting crushed
[08:47] {bruce} wow - almost 9$ spread
[08:48] {dino} we missed that, should've took a 100 shares short
[08:48] {bruce} probably not a great time to be swing trading - stocks seem to be pretty erratic
[08:49] {bruce} shell shocked here dino- looking for something a bit safer
[08:49] {dino} yeah, i'm not doing much
[08:50] {dino} watching dwsn for bottom and actg for spike up to short
[08:50] {dino} serious pin action imo, taking lots to the 5's and 0's
[08:50] {Threei} GNBT...
[08:51] {Threei} hate this stock... but seems to be climbing steadily
[08:52] {bruce} I thought you advised agains t stocks with such a small daily range vad
[08:53] {Threei} that's why I hate it
[08:53] {bruce} lol
[08:53] {Threei} it's eaither swing, or sclap type 1 if you can identify the setup
[08:53] {bruce} fwiw hon has really nice tend too - but who knows where it will reverse - and its nyse
[08:57] {bruce} do you find most of your winning trades tend to work out right away dino?
[08:59] {dino} no, my entries usually suck
[08:59] {dino} expect to be wrong...as i usually lose a dime on entry
[08:59] {bruce} not true - saw youcatch almost exact bottom or top multiple times
[09:00] {dino} small %
[09:00] {Threei} *NOV PHILADELPHIA FED INDEX: 8.2 V 5.0E
[09:00] {dino} but doesn't matter, size and stop matter. profits=luck... losses = skill
[09:00] {Threei} - New Orders: 3.5 v 2.7 prior
[09:00] {Threei} - Employment: 4.8 v 12.6 prior
[09:00] {Threei} - Prices Paid: 37.7 v 40.3 prior
[09:01] {bruce} k
[09:14] {bruce} ntap deciding whether to breakdown
[09:15] {bruce} thought on ntap vad?
[09:17] {dino} ms l .86 hl
[09:21] {Threei} tough one bruce...
[09:22] {bruce} k
[09:23] {dino} ms stop is .69 fwiw
[09:27] {dino} out -.17\
[09:31] {bruce} bad luck today dino
[09:32] {dino} yes, not my day, most likely end in red
[09:36] {bruce} rimm is dropping
[09:38] {dino} appy
[09:40] {dino} hl l .79
[09:44] {dino} stop is .49
[09:45] {bruce} thanx dino
[09:46] {dino} np
[09:53] {dino} almost like double ottom day on rimm, dwsn, rig, nyx, drys, tbsi, etc
[09:54] {dino} bottom
[09:56] {dino} tighen appy to b/e stalled
[09:57] {bruce} yes
[09:57] {bruce} exiting dino
[09:57] {bruce} no nerves today
[09:58] {bruce} gonna take a break
[09:58] {dino} brb
[10:11] {Threei} CSIQ, 16.10 worth a try long if not losing 15.90 anymore
[10:17] {Threei} wow... blast from the past... ADAM
[10:25] {Threei} half lot short ACTG right here
[10:25] {Threei} stop over .60
[10:26] {Threei} just counting in .50 continuing holding
[10:26] {dino} ehth
[10:28] {Threei} still going
[10:33] {dino} missed it
[10:33] {Threei} die ACTG
[10:34] {dino} you took it where?
[10:34] {dino} ok i see above
[10:35] {Threei} .47
[10:37] {Threei} 1:1... feels like has more in it...
[10:37] {Threei} bidding .15
[10:37] {Threei} won't let it go over .35 on me
[10:38] {dino} gj
[10:38] {Threei} half done
[10:38] {Threei} done in full
[10:39] {Threei} that was nice... no upticks, just died
[10:40] {dino} ehth s hl .55, stop .01
[10:41] {dino} gj
[10:44] {dino} bstop to .31
[10:44] {dino} to .12
[10:45] {dino} stopped .10, +.45
[10:46] {Threei} wow, gutsy one
[10:46] {Threei} ugh, ACTG still dropping
[10:46] {dino} something had to work, :)
[10:46] {Threei} LOCM some enthusiasm
[10:46] {dino} big bounce
[10:47] {dino} frpt
[10:49] {dino} frpt l hl .00, stop .73
[10:50] {Threei} some day I will be like dino, and will hold ACTG short for real move :)
[10:52] {dptl} still holding
[10:53] {dino} lol, i only get the big ones when they don't bounce to my trailing stop
[10:53] {Threei} ACTG dp??
[10:53] {dptl} yep
[10:53] {Threei} wow, you are patient one
[10:53] {dino} gj
[10:53] {Threei} this one never did dino... I just bid it into sharp drop
[10:54] {Threei} with trailing it would work for something like 16.80
[10:54] {Threei} and I covered 30 cents higher on average
[10:55] {Threei} I was tempted to say "bidded" but was scared of Raven
[10:56] {dino} lol
[10:56] {Threei} come on dp, it strengthens
[10:57] {Threei} trail to .86
[10:57] {Threei} please?
[10:57] {dptl} ah....covered .82
[10:57] {Threei} wtg
[10:57] {Threei} that was a grown-up trade
[10:57] {Threei} dino-like
[10:58] {dptl} +.58
[10:58] {dino} great job
[10:58] {dptl} thnx
[10:59] {Threei} one such trade can make whole day
[10:59] {Threei} and it was anything but stressful
[10:59] {Threei} lousy 10-15 cents stop
[11:00] {dino} fmcn
[11:01] {dino} apopy stopped -.04
[11:01] {Threei} in FMCN, stop just under .50
[11:01] {Threei} small of course
[11:04] {Threei} bids started chasing up
[11:05] {Threei} come on, move
[11:05] {Threei} nope
[11:06] {Threei} those were all real bids, and got sold into
[11:08] {Threei} can't decide if it's worth a second try
[11:17] {Raven} back ... "bidded" ... ohmygod
[11:18] {bruce} is ohmygod a word raven?
[11:18] {Raven} you bet
[11:18] {bruce} k
[11:18] {bruce} adding it to vacab learned here
[11:18] {Raven} yes
[11:21] {Threei} bidded is just as good as spreaded
[11:21] {Threei} or selled
[11:21] {Threei} or striked
[11:22] {Raven} {}
[11:22] {Raven} sheesh
[11:22] {Threei} {--- hiding
[11:22] {Threei} ummm... I should say "hided"
[11:22] {Raven} that does it
[11:22] * Raven slaps Threei around a bit with a large trout
[11:22] {Threei} uh oh
[11:22] {Threei} hided not too well I see
[11:22] * Raven slaps dino around a bit with a large trout
[11:23] * Raven and Chaeron too
[11:24] * Raven kicks magoo out of his tree stand
[11:25] {bruce} fmcn tricky ba@ta@d
[11:25] {bruce} new low then higher low confirmation of trend reversal
[11:27] {dino} lol\
[11:33] {bruce} dino - you would have given fmcn about 20c from new low for your stop if had traded it as reversal?
[11:39] {dino} y
[11:39] {dino} never hit me i was at 54.05
[11:39] {Threei} raven hit you
[11:39] {Threei} doesa it count?
[11:40] {Threei} I mean he hitted you
[11:40] {Threei} gosh, one day Raven is going to take a trip to Victoria just to suffocate me
[11:41] {bruce} ah - you mean your long entry is at .05 or your stop?
[11:41] {dino} long entry, stop was .69\
[11:41] {bruce} k - got you
[11:41] {dino} figured .00 would hold
[11:41] {dino} not trading it now tho
[11:42] {Raven} lol
[11:42] {bruce} looks like you read it right - doesn't seem to be done dumping yet
[11:42] {dino} can't figure out what this mkt wants today
[11:42] {Raven} your $$
[11:42] {bruce} lol
[11:42] {bruce} raven nailed it
[11:42] {Threei} sure... but why "today"?
[11:43] {Raven} because it is snowing ?
[11:43] {Threei} maybe I am paranoid... but it seems to me it always wants mine
[11:43] {Threei} rarely gets it though
[11:43] {Raven} heh
[11:43] {bruce} lol - got to learn to share vad
[11:43] {Threei} my streak continues so far, no single l,osing day in Nov
[11:44] {Raven} nice
[11:44] {Threei} I shared my fair share in 1996-1998 bruce
[11:44] {bruce} great
[11:44] {Threei} enough is enough
[11:44] {bruce} feel same
[11:44] {Threei} since then sharing goes one way
[11:44] {bruce} done done done w sharing
[11:51] {dino} bidu -24
[11:52] {Threei} -26 you mean
[11:53] {dino} lol
[12:00] {dino} rimm back to 100
[12:09] {Threei} getting tempted by RIMM
[12:09] {dino} same thinking overnight
[12:09] {dino} same w/bidu small
[12:11] {Threei} in for a scalp
[12:11] {Threei} .28
[12:12] {Threei} happily out
[12:12] {Threei} .65
[12:15] {Threei} sigh
[12:15] {Threei} do I ever grow up
[12:17] {bruce} why would you want to vad?
[12:17] {Threei} I wanna be like dino
[12:17] {bruce} would make you an "old fart" as the kids say
[12:17] {bruce} lol
[12:17] {Threei} ummm
[12:17] {Threei} am afraid I am there already, lol
[12:18] {dino} dino is younger than vad
[12:18] {bruce} just get yourself one of those funny circus mirrors
[12:18] {Threei} dino gets bigger moves
[12:18] {bruce} lucky you dino
[12:18] {bruce} youth
[12:18] {dino} missed both, my kids distracted me
[12:18] {bruce} \good lucks
[12:18] {bruce} and good lucks in the markets
[12:18] {bruce} what more could you ask for?
[12:19] {bruce} lol
[12:20] {dino} bidu up 6
[12:22] {bruce} yes -i like dinos plays too- like the larger moves
[12:24] {Threei} don't take my blabbing too seriuosly bruce
[12:24] {Threei} what I do works for me for many years
[12:24] {Threei} indivudual personalitytraits form the way of trading
[12:24] {dino} you have to find your own style bruce.
[12:24] {bruce} understood
[12:24] {Threei} and I am a bit too old to change my personality
[12:25] {Threei} entire process of learning to trade is nothing more than process of learning what you are
[12:26] {Threei} and how to transfer this knowledge into what youi do
[12:26] {dptl} yep...i am still trying to figure that out
[12:26] {bruce} me too
[12:26] {bruce} does shallow count?
[12:27] {Threei} that would be me
[12:27] {dino} lol
[12:27] {Threei} so yes it doesa
[12:27] {bruce} damn - hoped not
[12:27] {Threei} tree good, fire bad
[12:27] {Threei} this deep wisdom is enough to trade correctly
[12:28] {Threei} profit good, loss bad - there, try to beat this
[12:28] {bruce} lol
[12:28] {Threei} now, the real shocker bruce:
[12:28] {bruce} possible reversal setup cmi dino
[12:28] {Threei} if you think the right way to trade is much different from what I just said, you are mistaken
[12:29] {Threei} it's just that it takes a lot of complications to arrive at this simplicity
[12:29] {Threei} but when things click for you, you find out that this is really that simple
[12:29] {bruce} well - starting to think I'm just cursed
[12:30] {bruce} would have quit long ago if had any brains
[12:30] {Threei} there is a good reason why dino repeats all the time "keep it simple"
[12:30] {Threei} noone is cursed
[12:30] {Threei} you are looking in a wrong place
[12:31] {Threei} and if I thought like that, I would have quit somewhere in a course of my first two years
[12:31] {Threei} what a shame that would be
[12:31] {Threei} RIMM ready again
[12:31] {bruce} you haven't noticed my knack for jinxing your own callsw?
[12:32] {Threei} nope
[12:32] {Threei} you just pick out of them
[12:32] {Threei} some work some don't
[12:32] {Threei} normal for me
[12:32] {Threei} most work as you can see easily if you go over log
[12:34] {Threei} but when you try to pick only working ones you ruin the very core of the approach
[12:34] {dino} right
[12:34] {dino} 'cause you mess w/the system
[12:34] {dino} crrc
[12:34] {bruce} I don't do that though
[12:34] {Threei} yep, tryying to beat the odds
[12:34] {Threei} no?
[12:35] {bruce} laptop is not in direct view
[12:35] {Threei} each day you follow several losing ones while skipping several winning ones
[12:35] {bruce} so sometimesw I don't see trade till after it fires
[12:35] {dino} thin
[12:35] {dino} ccrc i mean
[12:35] {Threei} didn't think you meant me
[12:35] {Threei} 'cause am not
[12:36] {Threei} but am trying
[12:36] {Threei} diet... exericise...
[12:41] {Raven} lol
[12:43] {Threei} tell me you got RIMM near 101 dino
[12:44] {dino} cmi l hl .75
[12:44] {Threei} 'cause I did... but being putz I am sold 101.65
[12:44] {dino} stop lod
[12:46] {dino} no
[12:46] {dino} cmi instead
[12:46] {Threei} :(
[12:46] {Threei} you would have held to 103
[12:46] {Threei} unlike shmuck me
[12:46] * Threei slaps dptl around a bit with a large trout
[12:46] {Threei} there... I feel better now
[12:47] {dptl} i would...lol
[12:47] {Threei} lol
[12:48] {Threei} underexploited RIMM today for some reason
[12:48] {Threei} just 3 trades
[12:48] {bruce} cmi w 113 breakand 112.50 stop dino?
[12:49] {dino} y
[12:49] {bruce} k
[12:49] {bruce} maybe i'm learning
[12:53] {Threei} argh
[12:53] {Threei} missed RIMM on dive under 102
[12:53] {Threei} wanted last scalp for the day
[12:54] {bruce} since when you starte to play stuff like rimm vad?
[12:55] {Threei} when it became readable
[12:55] {Threei} it stops I quit
[12:55] {Threei} I don't really have any preferences for stocks, I go where activity and readability is
[12:55] {Threei} and risk control within my tolerance of course
[12:56] {Threei} never could control DRYS for instance, never playing it
[12:56] {Threei} same for GOOG
[12:56] {Threei} very rarely BIDU
[12:56] {Threei} LULU was readable for a while then stopped
[12:56] {dino} frpt out flat
[12:57] {Threei} RIMM is great player these days, I am close to 80% on it
[12:57] {Threei} AAPL, AMZN same thing - sometimes can get a read on them, more often not
[12:57] {bruce} k
[12:58] {Threei} when there are no easy momo stocks, I just surf over all the usual suspects
[12:58] {Threei} if one of them shows good read, I founf my bread and butter for the time being
[12:59] {dino} cmi out .73-.02
[13:00] {Threei} ok guys, thank you
[13:00] {Threei} have a great evcening
[13:00] {Threei} see you tomorrow
[13:00] {bruce} wtg dino
[13:00] {bruce} thought you would get stopped
[13:00] {dino} had .50, but f'ck'd up
[13:00] {dino} down day, hope i didn't hurt anyone
[13:01] {bruce} it dropped below .5
[13:01] {Threei} you hurt my faith in humanity dino
[13:01] {bruce} worked ok to hold and get out at be
[13:01] {dino} i was in at .75, see above
[13:01] {bruce} yes
[13:01] {bruce} good exit
[13:02] {dino} 70$+ stocks i use about .50 on the stops
[13:02] {bruce} k
[13:02] {bruce} was thinking same
[13:02] {bruce} still pretty tight for those moves
[13:02] {bruce} they go tht fqar in 1 min candle
[13:03] {bruce} 6 down days in row for me
[13:03] {bruce} see you guys in am
[13:03] {dino} later bruce
[13:03] {bruce} yep
Wednesday, November 14, 2007
November 14, 2007
Session Start: Wed Nov 14 00:00:01 2007
Session Time: Wed Nov 14 00:00:01 2007
Session Start: Wed Nov 14 10:48:49 2007
[10:48] *** Now talking in #discussions
[10:48] -admin- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
[10:49] {Threei} ALTI
[10:49] {Threei} ANNOUNCES $7M IN FEDERAL FUNDING FOR ECO-FRIENDLY BATTERY AND SENSOR PROGRAMS
[10:49] {Threei} - The first project, which is to receive $5M, is directed toward a continuing project with the U.S. Navy involving the production of a 2.5-megawatt stationary power supply.
[10:49] {Threei} - The $2M in funding will allow Altairnano to increase the sensit
[10:49] {esemde} CLWR....shot up instantly
[10:51] {Threei} earlier today,
[10:51] {Threei} [CLWR] Clearwire WSJ looks at company's WiMax strategy
[10:51] {Threei} - Article notes the company may have other options
[10:51] {Threei} - Article notes Intel, Google and Comcast as possible jv partners
[10:51] {Threei} don't see anything fresh
[10:51] {Threei} if I remember correct, CLWR has to do with Craig McCaw ese... owner of the island against my crabbing doc :)
[10:51] {Threei} dock
[10:52] {dino} you are right
[10:52] {esemde} Are you serious........
[10:52] {Threei} yup, james Island is his
[10:52] {esemde} how did you find that out
[10:52] {Threei} it's open information
[10:53] {Threei} CSIQ
[10:53] {esemde} now theres some information that causes you to go...Hmmmmmmm......
[10:53] {Threei} .15 half lot long
[10:53] {esemde} have you got an entry for CSIQ....been watching it
[10:53] {Threei} a bit scary stock
[10:55] {esemde} 14.15 per chance
[10:55] {dino} out wynn .33, +.78
[10:55] {esemde} volume ios up 500% should make a go at the highs
[10:56] {Threei} volatility is a bit bigger on it than I'd like
[10:56] {bruce} v nice dino
[10:57] {bruce} looked to me like it still wanted to go short on that l entry
[10:57] {Threei} McCaw does owns James Island, a couple of kilometers off Central Saanich on South Vancouver Island. He bought the island in 1994 for $19 million.
[10:57] {Threei} http://blog.seattletimes.nwsource.com/techtracks/archives/2006/07/mccaws_bc_getaway_1.html
[10:59] {esemde} HUH.... how bout that...
[10:59] {Threei} and he will sell to you if you are up to it ese:
[10:59] {Threei} http://www.forbes.com/2001/04/20/0420movers.html
[11:00] {esemde} fell bad that he has so much money....must be a burden for him
[11:00] {dino} got lucky bruce
[11:00] {dino} fast fall
[11:00] {Chaeron} is this the Real Estate Channel or are we going to stick with stocks??? :) GM all
[11:00] {Threei} chaeron :)
[11:01] {Threei} we are just looking to reinvest out URRE winnings
[11:01] {Chaeron} I thought you liked Kona... :)
[11:01] {esemde} just taking about the island your going to buy chaeron...
[11:02] {Chaeron} only if I have your money Ese :)
[11:02] {esemde} just a facade....just a facade....
[11:02] {Threei} Kona I love... but I will need to scalp RIMM dfozen more times
[11:02] {Chaeron} Ese - lol
[11:03] {bruce} morningchaeron
[11:04] {bruce} you played it perfect dino
[11:04] {Chaeron} hey Bruce good to see you... let's kick some market tail today guys
[11:05] {bruce} have feeling wynn will test 131 area
[11:06] {bruce} lol
[11:06] {bruce} workin on not getting own butt kicked to hard or often chaeron
[11:07] {dino} risky, sm l tbsi .20
[11:07] {dino} sdtop .72
[11:10] {bruce} l tbsi 46 evfen
[11:12] {dino} stopped .81, -.39
[08:12] {bruce} stopped .71
[08:16] {dino} rinsed us
[08:17] {bruce} jinxed you dino
[08:17] {bruce} sorry
[08:18] {bruce} looks like reverse just 6 c under stop
[08:18] {dino} l hl wynn .03
[08:19] {dino} stop .48
[08:19] {dino} anything can happen bruce, not your fault
[08:20] {esemde} ROMAN.... what do you think of ALTI
[08:21] {bruce} thanks dino
[08:21] {bruce} hope wynn works for you
[08:21] {Threei} NVDA, watching for pullback entry for scalp
[08:21] {bruce} don't like it l yet
[08:21] {Threei} closer to .60
[08:21] {dino} tbsi follows drys, fyi
[08:21] {Threei} seems to follow NQ with little delay
[08:23] {Threei} in
[08:23] {Threei} stop .49
[08:24] {bruce} l nvda
[08:24] {Threei} just a scalp most likely
[08:26] {bruce} you thinking .70 exit if we get it vad?
[08:26] {Threei} ALTI honestly trying
[08:27] {Threei} I guess
[08:27] {esemde} thats what i was thinkin......
[08:28] {Threei} NQ needs to go back to 2075 and over to make NVDA work
[08:29] {bruce} so kick nq w those army boots
[08:30] {Threei} yes sir
[08:31] {bruce} no magoo - no trout last couple days
[08:33] {dino} out wynn .48, +.45
[08:33] {Threei} wtg
[08:33] {dino} ahh
[08:34] {dino} too soon
[08:36] {bruce} stopped nvda
[08:37] {Threei} CTEL news?
[08:38] {cosmo} City Telecom Launches Second Wave Marketing Campaign Featuring Alexander Graham BELL & Kung-Fu-Fighting Ants
[08:38] {cosmo} PR Newswire (Wed 12:05am)
[08:39] {Threei} lol
[08:39] {cosmo} really!
[08:39] {dino} ccix stopped -0.25
[08:41] {Threei} XING .35 long if stays above .20
[08:41] {Threei} if triggers from here, stop .24
[08:42] {dino} hl l tbsi .33
[08:42] {dino} stop .80
[08:44] {dino} l hl wynn .90
[08:44] {dino} stop .46
[08:50] {Threei} RIMM aiming for 115
[08:50] {dino} out wynn .60, +.70
[08:51] {dino} out tbsi .93, +.60
[08:51] {Threei} nice series
[08:51] {dino} easy button smack
[08:51] {dino} :)
[08:52] {Threei} sheesh CTEL
[08:53] {Threei} Alexander Graham Bell eh
[08:53] {cosmo} he's an icon
[08:53] {cosmo} thry help
[08:53] {Threei} and obviusly martial art master
[08:54] {cosmo} well, you could say all these wars are his fault, i guess
[08:56] {Threei} RIMM long here
[08:56] {Threei} smaaal shares
[08:56] {Threei} as close to 114 as possible
[08:56] {Threei} if loses it wait for nQ to reverse
[08:56] {Threei} in
[09:00] {Threei} too early
[09:02] {esemde} CSIQ knifing through big blocks of shares
[09:02] {Threei} second try
[09:03] {bruce} same vad
[09:04] {Threei} wwow CSIQ
[09:04] {Threei} feel free to take profit weho got it
[09:05] {bruce} out rimm + 47 after .32 stop
[09:06] {Threei} good job
[09:06] {bruce} lol
[09:06] {bruce} thanks
[09:06] {bruce} nervoys playing that puppy
[09:07] {bruce} wow - back to black
[09:07] {bruce} hi judi - ou new to RT?
[09:09] {bruce} what do we call those trades vad - pullbacks?
[09:09] {bruce} propulsion plays?
[09:09] {Threei} pullback
[09:09] {bruce} k
[09:13] {esemde} ladies and gentlemen....i'm gonna leave you to it...have a great day
[09:13] {Threei} take care ese
[09:13] {esemde} see ya Vad.....
[09:13] {dino} l8r ese
[09:15] {dino} rimm l ;.80
[09:15] {bruce} bye ese
[09:16] {bruce} stop .45 or so dino?
[09:16] {dino} y'
[09:20] {bruce} rimm is showing classic volume patern you describe vad
[09:20] {bruce} dropping on declines
[09:20] {bruce} and rising on price rise
[09:25] {dino} out rimm .20, +.40
[09:25] {bruce} nice dino
[09:25] {bruce} I should have used bigger stop on my first entry
[09:25] {dino} bruce stop it itm, so you get something, if you sare still long
[09:25] {dino} ok
[09:26] {bruce} k see your pooint about bigger sops dino
[09:27] {bruce} would think way to go is to set hard stop - fairly wide - but we willing to exit trade before stop is hit if trade gives sign not likelyu to work using your style
[09:29] {dino} y, you get a feel after awhile, but also, when up .40, move stop so you lock in at least half of the .40, don't give it all back
[09:29] {bruce} yes - no point letting profits slip away
[09:29] {dino} give that man a prize
[09:29] {bruce} I like .40 trailing idea
[09:30] {dino} vads' $100 street theory
[09:30] {Threei} lol
[09:33] {bruce} break time
[09:33] {bruce} see you guys in a bit
[09:33] {Threei} take care bruce
[09:34] {bruce} keep that cat in line vad
[09:34] {Threei} jeez CSIQ
[09:37] {dino} mpel
[09:37] {Roman} MPEL spike
[09:37] {Roman} buy sell short
[09:47] {dino} bit of a pullback
[09:55] {dino} hl l dwsn .00
[10:01] {dino} out .31, +.31
[10:09] {admin} vad..guy ordered both mpp and scalping coures
[10:09] {admin} but I don't have any mpps
[10:10] {admin} oops
[10:10] {admin} sorry :)
[10:20] {Threei} ORCL
[10:20] {Threei} hmm... maybe worth a scalp off this selloff
[10:22] {Threei} .44 stop
[10:22] {dino} brb
[10:27] {dino} noec
[10:29] {Threei} out XING
[10:29] {dino} risky l hl .04, stop lod
[10:29] {Threei} +.20
[10:31] {hawkfan4} took xing too, thx vad
[10:31] {Threei} nice patience hawk
[10:31] {Threei} I thought everyone bailed like 5 years ago
[10:32] {hawkfan4} lol, the meds must be helping me
[10:32] {Threei} ah
[10:32] {Threei} glad to see I am not alone doing TUI
[10:32] {hawkfan4} :)
[10:34] {dino} gj
[10:37] {dino} noec stop to .24
[10:38] {dino} to .32
[10:39] {dino} out slippage, ave .28 +.24
[10:41] {dino} rinse job
[10:49] {bruce} wynn approaching lod again dino
[10:51] {dino} watching it, waiting way below
[10:51] {bruce} k
[10:57] {dino} hl l .41
[10:58] {dino} stop .97
[10:59] {Threei} RIMM short if loses 114
[10:59] {dino} stopped darn, -.44
[10:59] {dino} altho glad it did
[11:00] {Threei} out +.35
[11:01] {Threei} that was quick
[11:01] {bruce} congrats vad
[11:01] {dino} dwsn hl l .39
[11:07] {Threei} FRPT selloff
[11:09] {Chaeron} capit
[11:09] {Threei} JAVAD
[11:09] {Threei} CEO: SOLARIS DEAL FIRST OF MANY SUCH AGREEMENTS WITH DELL - WIRE CITES INTERVIEW
[11:09] {dino} missed it
[11:20] {Threei} CHINESE CENTRAL BANK OFFICIAL: CHINA IS VERY FIRM ON POLICY OF KEEPING THE US DOLLAR AS ITS MAIN RESERVE CURRENCY - WIRE HEADLINE- official is speaking in Washington
[11:21] {dino} indeed, as long as we don't let ours float
[11:21] {cosmo} it floats on oil
[11:22] {dino} lol
[11:24] {dino} uaua
[11:28] {Threei} EBAY EVACUATES ONE BUILDING AS BOMB SQUAD INVESTIGATES SUSPICIOUS PACKAGE - WIRE HEADLINE
[11:37] {Threei} UAUA lost its mind?
[11:37] {dino} merger talk
[11:37] {Threei} UNITED AND DELTA ARE IN TALKS ON A POSSIBLE COMBINATION - WIRE HEADLINE CITING SOURCES
[11:37] {Threei} - Talks include conditions that would keep United name and Chicago headquarters, want to get something done before a new administration gets in and so they get the clock ticking on federal regulatory approval - official
[11:37] {dino} w/delta
[11:38] {dino} but, yeah, it has lost its' mind
[11:38] {Threei} scalped 21 cent short
[11:38] {Threei} covered too quickly
[11:38] {Threei} but heck... :)
[11:39] {dino} could go anywhere
[11:39] {Threei} and in a hurry
[11:39] {cosmo} hmm...Delnited
[11:39] {dino} deltaU
[11:40] {cosmo} deltau co.
[11:40] {Threei} even JBLU moved 15 cents off that, lol
[11:41] {Threei} DALs move is much more modest
[11:41] {Threei} NYSE vs NASDAQ?
[11:46] {bruce} stopped drys reversal attempt
[11:46] {bruce} -88 c 50 c slippage
[11:47] {bruce} geesh
[11:47] {Threei} yikes
[11:49] {bruce} calling it a day guys
[11:49] {bruce} 5 losing days in row so far
[11:49] {Threei} bruce... you start most of them in black
[11:49] {Threei} and say you gotta stop for the day
[11:49] {Threei} then continue trading
[11:49] {bruce} varies
[11:50] {bruce} but bettr success in am
[11:50] {bruce} started red today
[11:52] {dino} hang in there bruce
[11:52] {bruce} trying dino
[11:54] {Threei} one thing is for sure bruce... stay the helkl away from killers like DRYS
[11:56] {bruce} my stop got executed at dead botom
[11:56] {bruce} tryng o learn dinos reversal palys
[11:57] {Threei} you can do it on less volatile and thin movers
[11:57] {bruce} undrstnad slippage can be bad at times
[11:57] {bruce} that was really outrageous
[11:57] {bruce} didn
[11:57] {bruce} t espect that
[11:58] {Threei} spread jumps to 30 cents and more
[11:58] {Threei} levels have 100 shares
[11:58] {bruce} yes - really nailed me
[11:58] {bruce} then recovered
[11:58] {bruce} damn
[11:58] {bruce} discouraged vad
[11:59] {bruce} keep trying but jut not making it
[11:59] {bruce} anyone
[11:59] {Threei} you are not doing what you intended to
[11:59] {bruce} see you all in am
[11:59] {Threei} no plan
[11:59] {Threei} jumping from one idea to another
[11:59] {Threei} it won't work
[12:00] {dino} keep it simple bruce. take care
[12:00] {dino} back in 10
[12:20] {dino} wynn wacked today
[12:21] {Threei} ALLI
[12:22] {Threei} no news that I see
[12:24] {dino} rimm l hl .50
[12:26] {Threei} wasn't LULU supposed to drop dead
[12:27] {dino} not working out -.35
[12:29] {dino} have to size down rimm
[12:33] {Threei} meanwhile XING nears high
[12:35] {Threei} RIMM is easier on a short side today
[12:35] {dino} yeah, strange
[12:36] {dino} lods
[12:37] {Threei} 13 trades on it today
[12:37] {Threei} 10/3
[12:40] {Threei} 7 short, 6 long
[12:40] {dino} gj
[12:41] {Threei} didn't fgind guts to short this drop
[12:42] {Threei} too bad
[12:42] {dino} rimm just got killed
[12:43] {dino} 3 bucks in about 5 minutes
[12:43] {dino} tempted to buy som for a swing
[12:43] {dino} still think 120 for friday
[12:49] {Threei} psycho market
[12:50] {dino} yeah
[12:51] {dino} \pretty much done for the day.
[12:51] {Threei} want one last scalp RIMM
[12:52] {dino} man falling fast
[12:52] {Threei} in .19 l
[12:53] {Threei} out .60
[12:53] {dino} sweet
[12:53] {dino} wow down 102 dow
[12:53] {dino} just lost 150 pts in 30 mins.
[12:54] {Threei} one of rare cases when I was able to post RIMM practically real time
[12:58] {dino} wynn l .05
[12:59] {dino} out .30, +.25
[13:01] {Threei} thank tyou all
[13:01] {Threei} have a good evening, see you tomorrfow
[13:02] {dino} take care all, good day
[13:02] {dptl} have a good evening all
Session Time: Wed Nov 14 00:00:01 2007
Session Start: Wed Nov 14 10:48:49 2007
[10:48] *** Now talking in #discussions
[10:48] -admin- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
[10:49] {Threei} ALTI
[10:49] {Threei} ANNOUNCES $7M IN FEDERAL FUNDING FOR ECO-FRIENDLY BATTERY AND SENSOR PROGRAMS
[10:49] {Threei} - The first project, which is to receive $5M, is directed toward a continuing project with the U.S. Navy involving the production of a 2.5-megawatt stationary power supply.
[10:49] {Threei} - The $2M in funding will allow Altairnano to increase the sensit
[10:49] {esemde} CLWR....shot up instantly
[10:51] {Threei} earlier today,
[10:51] {Threei} [CLWR] Clearwire WSJ looks at company's WiMax strategy
[10:51] {Threei} - Article notes the company may have other options
[10:51] {Threei} - Article notes Intel, Google and Comcast as possible jv partners
[10:51] {Threei} don't see anything fresh
[10:51] {Threei} if I remember correct, CLWR has to do with Craig McCaw ese... owner of the island against my crabbing doc :)
[10:51] {Threei} dock
[10:52] {dino} you are right
[10:52] {esemde} Are you serious........
[10:52] {Threei} yup, james Island is his
[10:52] {esemde} how did you find that out
[10:52] {Threei} it's open information
[10:53] {Threei} CSIQ
[10:53] {esemde} now theres some information that causes you to go...Hmmmmmmm......
[10:53] {Threei} .15 half lot long
[10:53] {esemde} have you got an entry for CSIQ....been watching it
[10:53] {Threei} a bit scary stock
[10:55] {esemde} 14.15 per chance
[10:55] {dino} out wynn .33, +.78
[10:55] {esemde} volume ios up 500% should make a go at the highs
[10:56] {Threei} volatility is a bit bigger on it than I'd like
[10:56] {bruce} v nice dino
[10:57] {bruce} looked to me like it still wanted to go short on that l entry
[10:57] {Threei} McCaw does owns James Island, a couple of kilometers off Central Saanich on South Vancouver Island. He bought the island in 1994 for $19 million.
[10:57] {Threei} http://blog.seattletimes.nwsource.com/techtracks/archives/2006/07/mccaws_bc_getaway_1.html
[10:59] {esemde} HUH.... how bout that...
[10:59] {Threei} and he will sell to you if you are up to it ese:
[10:59] {Threei} http://www.forbes.com/2001/04/20/0420movers.html
[11:00] {esemde} fell bad that he has so much money....must be a burden for him
[11:00] {dino} got lucky bruce
[11:00] {dino} fast fall
[11:00] {Chaeron} is this the Real Estate Channel or are we going to stick with stocks??? :) GM all
[11:00] {Threei} chaeron :)
[11:01] {Threei} we are just looking to reinvest out URRE winnings
[11:01] {Chaeron} I thought you liked Kona... :)
[11:01] {esemde} just taking about the island your going to buy chaeron...
[11:02] {Chaeron} only if I have your money Ese :)
[11:02] {esemde} just a facade....just a facade....
[11:02] {Threei} Kona I love... but I will need to scalp RIMM dfozen more times
[11:02] {Chaeron} Ese - lol
[11:03] {bruce} morningchaeron
[11:04] {bruce} you played it perfect dino
[11:04] {Chaeron} hey Bruce good to see you... let's kick some market tail today guys
[11:05] {bruce} have feeling wynn will test 131 area
[11:06] {bruce} lol
[11:06] {bruce} workin on not getting own butt kicked to hard or often chaeron
[11:07] {dino} risky, sm l tbsi .20
[11:07] {dino} sdtop .72
[11:10] {bruce} l tbsi 46 evfen
[11:12] {dino} stopped .81, -.39
[08:12] {bruce} stopped .71
[08:16] {dino} rinsed us
[08:17] {bruce} jinxed you dino
[08:17] {bruce} sorry
[08:18] {bruce} looks like reverse just 6 c under stop
[08:18] {dino} l hl wynn .03
[08:19] {dino} stop .48
[08:19] {dino} anything can happen bruce, not your fault
[08:20] {esemde} ROMAN.... what do you think of ALTI
[08:21] {bruce} thanks dino
[08:21] {bruce} hope wynn works for you
[08:21] {Threei} NVDA, watching for pullback entry for scalp
[08:21] {bruce} don't like it l yet
[08:21] {Threei} closer to .60
[08:21] {dino} tbsi follows drys, fyi
[08:21] {Threei} seems to follow NQ with little delay
[08:23] {Threei} in
[08:23] {Threei} stop .49
[08:24] {bruce} l nvda
[08:24] {Threei} just a scalp most likely
[08:26] {bruce} you thinking .70 exit if we get it vad?
[08:26] {Threei} ALTI honestly trying
[08:27] {Threei} I guess
[08:27] {esemde} thats what i was thinkin......
[08:28] {Threei} NQ needs to go back to 2075 and over to make NVDA work
[08:29] {bruce} so kick nq w those army boots
[08:30] {Threei} yes sir
[08:31] {bruce} no magoo - no trout last couple days
[08:33] {dino} out wynn .48, +.45
[08:33] {Threei} wtg
[08:33] {dino} ahh
[08:34] {dino} too soon
[08:36] {bruce} stopped nvda
[08:37] {Threei} CTEL news?
[08:38] {cosmo} City Telecom Launches Second Wave Marketing Campaign Featuring Alexander Graham BELL & Kung-Fu-Fighting Ants
[08:38] {cosmo} PR Newswire (Wed 12:05am)
[08:39] {Threei} lol
[08:39] {cosmo} really!
[08:39] {dino} ccix stopped -0.25
[08:41] {Threei} XING .35 long if stays above .20
[08:41] {Threei} if triggers from here, stop .24
[08:42] {dino} hl l tbsi .33
[08:42] {dino} stop .80
[08:44] {dino} l hl wynn .90
[08:44] {dino} stop .46
[08:50] {Threei} RIMM aiming for 115
[08:50] {dino} out wynn .60, +.70
[08:51] {dino} out tbsi .93, +.60
[08:51] {Threei} nice series
[08:51] {dino} easy button smack
[08:51] {dino} :)
[08:52] {Threei} sheesh CTEL
[08:53] {Threei} Alexander Graham Bell eh
[08:53] {cosmo} he's an icon
[08:53] {cosmo} thry help
[08:53] {Threei} and obviusly martial art master
[08:54] {cosmo} well, you could say all these wars are his fault, i guess
[08:56] {Threei} RIMM long here
[08:56] {Threei} smaaal shares
[08:56] {Threei} as close to 114 as possible
[08:56] {Threei} if loses it wait for nQ to reverse
[08:56] {Threei} in
[09:00] {Threei} too early
[09:02] {esemde} CSIQ knifing through big blocks of shares
[09:02] {Threei} second try
[09:03] {bruce} same vad
[09:04] {Threei} wwow CSIQ
[09:04] {Threei} feel free to take profit weho got it
[09:05] {bruce} out rimm + 47 after .32 stop
[09:06] {Threei} good job
[09:06] {bruce} lol
[09:06] {bruce} thanks
[09:06] {bruce} nervoys playing that puppy
[09:07] {bruce} wow - back to black
[09:07] {bruce} hi judi - ou new to RT?
[09:09] {bruce} what do we call those trades vad - pullbacks?
[09:09] {bruce} propulsion plays?
[09:09] {Threei} pullback
[09:09] {bruce} k
[09:13] {esemde} ladies and gentlemen....i'm gonna leave you to it...have a great day
[09:13] {Threei} take care ese
[09:13] {esemde} see ya Vad.....
[09:13] {dino} l8r ese
[09:15] {dino} rimm l ;.80
[09:15] {bruce} bye ese
[09:16] {bruce} stop .45 or so dino?
[09:16] {dino} y'
[09:20] {bruce} rimm is showing classic volume patern you describe vad
[09:20] {bruce} dropping on declines
[09:20] {bruce} and rising on price rise
[09:25] {dino} out rimm .20, +.40
[09:25] {bruce} nice dino
[09:25] {bruce} I should have used bigger stop on my first entry
[09:25] {dino} bruce stop it itm, so you get something, if you sare still long
[09:25] {dino} ok
[09:26] {bruce} k see your pooint about bigger sops dino
[09:27] {bruce} would think way to go is to set hard stop - fairly wide - but we willing to exit trade before stop is hit if trade gives sign not likelyu to work using your style
[09:29] {dino} y, you get a feel after awhile, but also, when up .40, move stop so you lock in at least half of the .40, don't give it all back
[09:29] {bruce} yes - no point letting profits slip away
[09:29] {dino} give that man a prize
[09:29] {bruce} I like .40 trailing idea
[09:30] {dino} vads' $100 street theory
[09:30] {Threei} lol
[09:33] {bruce} break time
[09:33] {bruce} see you guys in a bit
[09:33] {Threei} take care bruce
[09:34] {bruce} keep that cat in line vad
[09:34] {Threei} jeez CSIQ
[09:37] {dino} mpel
[09:37] {Roman} MPEL spike
[09:37] {Roman} buy sell short
[09:47] {dino} bit of a pullback
[09:55] {dino} hl l dwsn .00
[10:01] {dino} out .31, +.31
[10:09] {admin} vad..guy ordered both mpp and scalping coures
[10:09] {admin} but I don't have any mpps
[10:10] {admin} oops
[10:10] {admin} sorry :)
[10:20] {Threei} ORCL
[10:20] {Threei} hmm... maybe worth a scalp off this selloff
[10:22] {Threei} .44 stop
[10:22] {dino} brb
[10:27] {dino} noec
[10:29] {Threei} out XING
[10:29] {dino} risky l hl .04, stop lod
[10:29] {Threei} +.20
[10:31] {hawkfan4} took xing too, thx vad
[10:31] {Threei} nice patience hawk
[10:31] {Threei} I thought everyone bailed like 5 years ago
[10:32] {hawkfan4} lol, the meds must be helping me
[10:32] {Threei} ah
[10:32] {Threei} glad to see I am not alone doing TUI
[10:32] {hawkfan4} :)
[10:34] {dino} gj
[10:37] {dino} noec stop to .24
[10:38] {dino} to .32
[10:39] {dino} out slippage, ave .28 +.24
[10:41] {dino} rinse job
[10:49] {bruce} wynn approaching lod again dino
[10:51] {dino} watching it, waiting way below
[10:51] {bruce} k
[10:57] {dino} hl l .41
[10:58] {dino} stop .97
[10:59] {Threei} RIMM short if loses 114
[10:59] {dino} stopped darn, -.44
[10:59] {dino} altho glad it did
[11:00] {Threei} out +.35
[11:01] {Threei} that was quick
[11:01] {bruce} congrats vad
[11:01] {dino} dwsn hl l .39
[11:07] {Threei} FRPT selloff
[11:09] {Chaeron} capit
[11:09] {Threei} JAVAD
[11:09] {Threei} CEO: SOLARIS DEAL FIRST OF MANY SUCH AGREEMENTS WITH DELL - WIRE CITES INTERVIEW
[11:09] {dino} missed it
[11:20] {Threei} CHINESE CENTRAL BANK OFFICIAL: CHINA IS VERY FIRM ON POLICY OF KEEPING THE US DOLLAR AS ITS MAIN RESERVE CURRENCY - WIRE HEADLINE- official is speaking in Washington
[11:21] {dino} indeed, as long as we don't let ours float
[11:21] {cosmo} it floats on oil
[11:22] {dino} lol
[11:24] {dino} uaua
[11:28] {Threei} EBAY EVACUATES ONE BUILDING AS BOMB SQUAD INVESTIGATES SUSPICIOUS PACKAGE - WIRE HEADLINE
[11:37] {Threei} UAUA lost its mind?
[11:37] {dino} merger talk
[11:37] {Threei} UNITED AND DELTA ARE IN TALKS ON A POSSIBLE COMBINATION - WIRE HEADLINE CITING SOURCES
[11:37] {Threei} - Talks include conditions that would keep United name and Chicago headquarters, want to get something done before a new administration gets in and so they get the clock ticking on federal regulatory approval - official
[11:37] {dino} w/delta
[11:38] {dino} but, yeah, it has lost its' mind
[11:38] {Threei} scalped 21 cent short
[11:38] {Threei} covered too quickly
[11:38] {Threei} but heck... :)
[11:39] {dino} could go anywhere
[11:39] {Threei} and in a hurry
[11:39] {cosmo} hmm...Delnited
[11:39] {dino} deltaU
[11:40] {cosmo} deltau co.
[11:40] {Threei} even JBLU moved 15 cents off that, lol
[11:41] {Threei} DALs move is much more modest
[11:41] {Threei} NYSE vs NASDAQ?
[11:46] {bruce} stopped drys reversal attempt
[11:46] {bruce} -88 c 50 c slippage
[11:47] {bruce} geesh
[11:47] {Threei} yikes
[11:49] {bruce} calling it a day guys
[11:49] {bruce} 5 losing days in row so far
[11:49] {Threei} bruce... you start most of them in black
[11:49] {Threei} and say you gotta stop for the day
[11:49] {Threei} then continue trading
[11:49] {bruce} varies
[11:50] {bruce} but bettr success in am
[11:50] {bruce} started red today
[11:52] {dino} hang in there bruce
[11:52] {bruce} trying dino
[11:54] {Threei} one thing is for sure bruce... stay the helkl away from killers like DRYS
[11:56] {bruce} my stop got executed at dead botom
[11:56] {bruce} tryng o learn dinos reversal palys
[11:57] {Threei} you can do it on less volatile and thin movers
[11:57] {bruce} undrstnad slippage can be bad at times
[11:57] {bruce} that was really outrageous
[11:57] {bruce} didn
[11:57] {bruce} t espect that
[11:58] {Threei} spread jumps to 30 cents and more
[11:58] {Threei} levels have 100 shares
[11:58] {bruce} yes - really nailed me
[11:58] {bruce} then recovered
[11:58] {bruce} damn
[11:58] {bruce} discouraged vad
[11:59] {bruce} keep trying but jut not making it
[11:59] {bruce} anyone
[11:59] {Threei} you are not doing what you intended to
[11:59] {bruce} see you all in am
[11:59] {Threei} no plan
[11:59] {Threei} jumping from one idea to another
[11:59] {Threei} it won't work
[12:00] {dino} keep it simple bruce. take care
[12:00] {dino} back in 10
[12:20] {dino} wynn wacked today
[12:21] {Threei} ALLI
[12:22] {Threei} no news that I see
[12:24] {dino} rimm l hl .50
[12:26] {Threei} wasn't LULU supposed to drop dead
[12:27] {dino} not working out -.35
[12:29] {dino} have to size down rimm
[12:33] {Threei} meanwhile XING nears high
[12:35] {Threei} RIMM is easier on a short side today
[12:35] {dino} yeah, strange
[12:36] {dino} lods
[12:37] {Threei} 13 trades on it today
[12:37] {Threei} 10/3
[12:40] {Threei} 7 short, 6 long
[12:40] {dino} gj
[12:41] {Threei} didn't fgind guts to short this drop
[12:42] {Threei} too bad
[12:42] {dino} rimm just got killed
[12:43] {dino} 3 bucks in about 5 minutes
[12:43] {dino} tempted to buy som for a swing
[12:43] {dino} still think 120 for friday
[12:49] {Threei} psycho market
[12:50] {dino} yeah
[12:51] {dino} \pretty much done for the day.
[12:51] {Threei} want one last scalp RIMM
[12:52] {dino} man falling fast
[12:52] {Threei} in .19 l
[12:53] {Threei} out .60
[12:53] {dino} sweet
[12:53] {dino} wow down 102 dow
[12:53] {dino} just lost 150 pts in 30 mins.
[12:54] {Threei} one of rare cases when I was able to post RIMM practically real time
[12:58] {dino} wynn l .05
[12:59] {dino} out .30, +.25
[13:01] {Threei} thank tyou all
[13:01] {Threei} have a good evening, see you tomorrfow
[13:02] {dino} take care all, good day
[13:02] {dptl} have a good evening all
Tuesday, November 13, 2007
November 13, 2007
Session Start: Tue Nov 13 00:00:00 2007
Session Time: Tue Nov 13 00:00:00 2007
[05:06] {Threei} DIVX
[05:06] {Threei} TECHNOLOGY TO BE ADDED TO PLAYSTATION 3- To date, over 100 million DivX Certified products have been shipped into the market, and it is anticipated PS3 will significantly expand that number. {SNE}
[05:24] {bruce} morning rt
[05:25] {Threei} morning bruce
[05:25] {bruce} vadster
[05:26] {bruce} more must have games for kids
[05:26] {bruce} that'll be sure winner
[05:29] {Threei} I guess we know now why DIVX continued climbing last few days
[05:39] {bruce} lol
[05:39] {bruce} setting up my "if I were smarter chart this am vad
[05:42] {Threei} just don't tell me I need to re-read that book please
[05:43] {Threei} I siccessfully forget everything I wrote in 5 min after finishing it... very convinient
[05:43] {bruce} lol
[05:43] {bruce} my first entry
[05:43] {bruce} If I were smarter I'd stop trading"
[05:43] {Threei} I'll have to disagree
[05:44] {bruce} lol
[05:44] {bruce} not making that entry
[05:44] {Threei} If I were smarter I'd stop losing is my version :)
[05:44] {Threei} on serious note, do you see the usefulness of what you read?
[05:44] {bruce} going to set up trade log to for individual trades
[05:44] {bruce} already do the daily results type tracking
[05:45] {bruce} its a good summary of key points vad
[05:45] {Threei} oh, ity's more than summary
[05:46] {bruce} might be if I can figure out which trades work and which don't better I can improve results
[05:46] {Threei} it's the logic behind building your trading approach which allows you to align all the elements of it
[05:46] {bruce} I could really realtae to bo yoder
[05:47] {bruce} death by a thousand cuts
[05:47] {bruce} but hat only happened to him for a month
[05:47] {bruce} so far this month- I have exactly 20 wins
[05:48] {bruce} 20 losses
[05:48] {bruce} \and they are within 50 c of each other on average
[05:48] {Threei} how doesa it relate to last month?
[05:48] {bruce} not exactly winning formula\
[05:48] {Threei} is it improvement or not?
[05:48] {bruce} no change - those are typical vad
[05:49] {bruce} with small variation
[05:49] {bruce} win/ loss close together
[05:49] {Threei} you mean last month had the same ratio?
[05:49] {Threei} then no changes were incorporated, and you continue doing same thing
[05:49] {Threei} which hasn't proved to be successful
[05:50] {Threei} but you have all the recipes for analisys within those results
[05:51] {Threei} can you pipoint the difference between winners and losers?
[05:51] {Threei} what kind of trades were more of a winners and what more of losers?
[05:52] {bruce} win lose is worse than last month
[05:52] {Threei} nail it, and you know what to expand on and what to cut on
[05:52] {bruce} last month 101 wins and 84 losses
[05:52] {bruce} but lost overall\
[05:52] {Threei} bruce... without those analysis you just roll a dice
[05:52] {bruce} took a min to calculate cause I track weekly
[05:53] {Threei} with such win/loss ratio I would sure have had a profitable month
[05:53] {bruce} I do a lot of diferent kinds of trades
[05:54] {Threei} and?
[05:54] {Threei} among those some are prone to work better than others
[05:55] {Threei} you need to start weeding out process
[05:57] {bruce} I don't have data on diferent trades types vad
[05:58] {bruce} will start to collect
[05:58] {bruce} for example
[05:58] {bruce} a dino type reversal will obviousl y be very dif than a vad style break
[05:58] {bruce} going to strat tracking trades by type to see what works\
[05:59] {bruce} cant keep doing what I ma thats for sure
[05:59] {dptl} good morning all
[05:59] {Threei} dp :)
[05:59] {bruce} hey dp
[05:59] {bruce} morn
[06:01] {Threei} SAUDI ARAMCO CEO: WORLD WILL NOT HIT OIL OUTPUT TOP FOR LONG TIME - WIRE HEADLINE
[06:02] {cosmo} hmmm....output has topped, if i read the solars correctly
[06:03] {dino} gm all
[06:03] {Threei} dino :)
[06:04] {cosmo} ETFC pre mkt range = 3.85 - 4.10
[06:05] {bruce} hi dino- cosmo
[06:05] {bruce} hello ram
[06:05] {cosmo} bruce:)
[06:06] {dino} gm 3i, bruce, cos
[06:07] {cosmo} ESLR pre mkt high = 13 fwiw
[06:08] {cosmo} etfc
[06:09] {Threei} don't forget BIOS
[06:09] {cosmo} ETFC should hold 4 ... i think
[06:11] {Threei} Update: some of recent weakness in solar sector being attributed to rising concerns that Congress may move forward on the energy bill without including renewal of solar tax credit
[06:11] {Threei} - Reportedly, on Friday the Solar Energy Industries Association, a national trade group, stated that House Speaker Pelosi has decided to move forward on the bill without the tax credits.
[06:11] {Threei} - a Think Equity analyst said today that this chatter emerged on Thursday and may explain some of the turnabout in prices of solar stocks.
[06:16] {Threei} UPDATE: BMO ANALYST SAYS E*TRADE BANKRUPTCY IS 'HIGHLY UNLIKELY.'- analyst says the company would have to experience massive withdrawals for it to have major issues. Notes deposits have grown for the last 13 months consecutively.
[06:21] {Threei} be back in 5
[06:26] {Threei} BIOS ready to break
[06:29] {esemde} GM Raven bruce cos dino dp hawk jmb ram
[06:30] {Threei} ese :)
[06:30] {bruce} hi ese
[06:31] {dino} gm ese
[06:31] {Raven} hi ese
[06:32] {Roman} ESLR
[06:33] {Roman} watching for a bounce today
[06:34] {cosmo} ETFC tests 4
[06:34] {Threei} BIOS 9.65 long if stays above 9.50
[06:35] {dino} guess we missed bidu
[06:36] {bruce} in bios .64
[06:36] {bruce} stop to .49
[06:37] {dino} egle l .39 hl
[06:39] {dino} stop is .98
[06:39] {Roman} SOHU long small
[06:42] {Threei} MLNM
[06:42] {Threei} 14 break long
[06:42] {Threei} .84 stop
[06:48] {esemde} good morning patience....my internet was shut down ...hows your connections
[06:49] {bruce} move bios stop to .65?
[06:49] {Threei} .59
[06:51] {patience} not sure ese, just home from the royal jubilee. took the night shift looking after my dad.
[06:53] {Roman} out SOHU flat
[06:53] {bruce} mlnm stop to .90 now?
[06:53] {Threei} .89
[06:54] {esemde} patience dcc
[06:54] {dino} egle stop to b/e
[06:57] {Threei} MLNM stop to .94
[06:58] {dino} egle stop to .74
[06:58] {bruce} done - thanks vad
[06:58] {bruce} working to protect profits
[06:59] {Threei} on a verge of break yet doesn't... want to keep it as safe as possible
[06:59] {Threei} notice how it trades:
[06:59] {Threei} spikes to new high and immediately retreats
[06:59] {dino} lock 'em in bruce
[06:59] {dino} out egle .79, +.40
[06:59] {Threei} so to got out on a spike you need to have order in
[07:00] {Roman} SCON
[07:00] {Roman} counber
[07:00] {Roman} bouncer
[07:00] {Roman} yesterday had $5.70 prints
[07:00] {Threei} great... Roman has strong case of dislexia today
[07:00] {dino} today???
[07:00] {Threei} on top of my typing, that's just what we needed
[07:03] {Threei} TUES
[07:03] {cosmo} correct
[07:03] {Threei} lol
[07:03] {Threei} daily looks nice for a scalp
[07:03] {Threei} half lot .30
[07:04] {Threei} .19 stop
[07:04] {bruce} thnaks dino - workin on it
[07:05] {dino} :)
[07:11] {Roman} long SATC full size
[07:11] {Roman} 1.61
[07:12] {Threei} BIOS stop to .64
[07:16] {Threei} TUES stop to .23
[07:17] {esemde} I missed this but NSIT is making a nice move
[07:18] {Chaeron} gm all
[07:19] {dino} nsit s hl .39, stop .67
[07:19] * Threei kicks BIOS in the rear with heavy duty army boots
[07:20] {Raven} Chaeron ... finally :)
[07:20] {Threei} Chaeron :)
[07:20] {bruce} mlnm stopped
[07:25] {dino} itri
[07:27] {bruce} bios is trading on appointment
[07:28] {bruce} send note dentist with drill is coming vad
[07:28] {Threei} lol
[07:28] {Threei} like pulling a tooth eh?
[07:29] {bruce} if fear of good doesn't work
[07:29] {bruce} fear of dentist will
[07:29] {Threei} {BIOS} when I trade at 10, the joke will be on you
[07:30] {Threei} US ENERGY SEC BODMAN: LOW CRUDE INVENTORIES ARE PUSHING UP THE PRICE OF OIL
[07:30] {Threei} really?
[07:31] {Threei} ALGERIAN ENERGY MINISTER: DO NOT EXPECT OUTPUT CHANGE AT THE DECEMBER OPEC MEETING
[07:31] {bruce} that cheap eddie talking?
[07:31] {Threei} XING?
[07:31] {dino} bidz
[07:33] {Threei} and here comes the crown:
[07:33] {Threei} QATARI OIL MINISTER: OPEC CAN NOT INCREASE SUPPLY, BECAUSE THERE IS NO DEMAND TO MEET IT
[07:34] {Threei} me so confused
[07:34] {bruce} thgats cause al gore doesn't drive his suv any more
[07:34] {dino} nsit bstop to .14
[07:34] {Threei} buyers say they have low inventory and big demand... suppliers say we won't supply more because tyou don't demand it...
[07:35] {cosmo} not since i had to sell the car
[07:35] {dino} stopped .14, +.24
[07:35] {dino} .25
[07:35] {Threei} bruce, you mean he hired a driver?
[07:36] {Threei} BIOS new high, qwhole cent higher than old high
[07:37] {Threei} TUES stop to .29
[07:40] {Threei} BIOS 1:1, believe it or not
[07:40] {Threei} half out for me, scalpers feel free to take profit
[07:42] {bruce} 1/2out bios
[07:42] {Threei} US ENERGY SEC BODMAN: US ECONOMY RESILIENCE TO HIGH OIL PRICES HAS BEEN EXTRAORDINARY
[07:43] {Threei} what is it, message to OPEC "we can take what you can dish out"?
[07:43] {bruce} stop moved to .74 on balance
[07:43] {Threei} .69 for me
[07:44] {bruce} k - maybe setting it too tight
[07:44] {Threei} not necessary
[07:44] {Threei} both are valid
[07:44] {bruce} als always had a driver vad
[07:44] {Threei} it's more of personal choice
[07:45] {bruce} k - I like to keep them prety tight
[07:45] {bruce} need to get bigger moves though
[07:46] {bruce} figured that out from your comments this am
[07:46] {Threei} don't rush to conclusions until you run the whole process of troublesahooting
[07:46] {Threei} it's not always that obvious
[07:47] {bruce} k
[07:47] {Threei} build youir next step when you are done with whole book, I have suspicion you start changing things as you go
[07:48] {bruce} me?
[07:48] {bruce} change things as I go?
[07:48] {Threei} 'If I were smarter" method is in psychology part, not in troubleshooting part
[07:48] {bruce} sheesh
[07:48] {bruce} ofcourse I do
[07:49] {bruce} just scanned for stuff to use right away
[07:49] {Threei} US ENERGY SEC BODMAN: US ECONOMY RESILIENCE TO HIGH OIL PRICES HAS BEEN EXTRAORDINARY - WIRE HEADLINE
[07:49] {Threei} - says too early to tell oil price's economic impact
[07:50] {dino} nafc hl s .39, stop .68
[07:53] {bruce} thanks dino
[07:54] {bruce} appreciate stop post with entry
[07:56] {dino} np, i'll try to remember
[07:57] {bruce} I would have set about .57
[07:57] {bruce} and thats probably not enough
[07:58] {dino} rinses w/kill you
[07:58] {bruce} iNED TO LEARN TO GET COMFORTABLE W WIDER STOPS W YOUR STYLE OF TRADES
[07:59] {bruce} oopp
[07:59] {bruce} sorry about caps
[07:59] {dino} i understand, problem w/my type is they get gappy
[07:59] {bruce} can see that
[07:59] {bruce} smaller shares
[07:59] {dino} yes
[07:59] {bruce} bigger stops
[08:00] {bruce} and big moves so wins justify risk
[08:01] {dino} i'll crack you up. a year ago my standard size was 1,000, since i changed to 500 and widened stop, i do much better
[08:02] {bruce} k
[08:02] {bruce} would imagine you had some pretty nasty drawdowns
[08:02] {dino} indeed, havard education i call it
[08:03] {dino} then i realized if i would stop being stupid, i could make some money
[08:04] {bruce} how did you realize larger stops were oing to work for you?
[08:05] {dino} reviewed my trades, lots more would've worked if i could've held on. so wider and smaller was the key. not to mention, much more relaxing way to trade
[08:06] {Threei} bruce... what dino descrobes is exactly the process of troubleshooting in the book you keep in hands
[08:06] {Threei} let me reiterate the idea of reading it thoroughly before you start apply changes
[08:07] {bruce} thanks dino
[08:07] {bruce} will do vad
[08:08] {dino} anytime, good luck
[08:13] {bruce} adjust nafc stop here dino?
[08:15] {dino} yes to b/e
[08:15] {bruce} k -that was my thought
[08:15] {bruce} we have 1 to 1 here
[08:15] {dino} or if scalping, book it
[08:16] {dino} if it gets to .00, bring stop to 1:1 and just see what happens
[08:17] {dino} to .15 stop now imo
[08:17] {dino} magoo says i'm stingy
[08:19] {dino} cov. ave .13, +.26, on that jump
[08:19] {dino} we'll key an eye on it
[08:19] {dino} brb
[08:21] {dino} rimm hod
[08:24] {Threei} remember my grim predictions for LDK?
[08:25] {Threei} have a look at it
[08:25] {Chaeron} messy
[08:28] {dino} wow
[08:30] {Roman} ESLR high
[08:32] {esemde} have a great rest of the day all.... see ya tomorrow
[08:33] {bruce} bye ses
[08:33] {bruce} ese
[08:33] {dino} cya ese
[08:33] {Threei} take care ese
[08:36] {dino} twgp spike
[08:38] {Threei} RIMM bounce candidate
[08:41] {dino} may have already missed rimm, pretty big move
[08:41] {Threei} under 109 would be nice if we get there
[08:41] {Threei} with its volatility there are plenty of bouncesa to scalp
[08:42] {dino} y
[08:44] {Threei} CLWR takeover rumors
[08:49] {bruce} rimm hit 109 vad
[08:50] {Threei} if grabbed RIMM under 109, take scalp here
[08:51] {bruce} Ididn't get it
[08:51] {bruce} no stop defiend
[08:51] {bruce} what would you have used vad?
[08:51] {bruce} prb need 50 c would think
[08:52] {Threei} it's different kind of play
[08:52] {Threei} following NQ rather than trading on its own merits
[08:53] {Threei} it hit 108.91, paused,
[08:53] {Threei} got back to 109, hesitated a little and broke it
[08:53] {Threei} that's the entry unless NQ drops hard
[08:53] {Threei} stop is NQ continuing down and ROMM making new low
[08:53] {Threei} RIMM
[08:53] {bruce} k
[08:54] {Threei} so in practicae it would look like this:
[08:54] {bruce} so using time and sales to judge momentum
[08:54] {Threei} NQ reverses, RIMM goes with it, fine,
[08:54] {bruce} and exit if it stalls while watching nq
[08:54] {Threei} NQ reverses RIMM makes new low, still holding,
[08:54] {Threei} since it's just its natuarl volatility
[08:54] {bruce} \k
[08:55] {Threei} and it's likely to bounce quickly if NQ shows strength
[08:55] {bruce} what do you call a play like that?
[08:55] {dino} chaos
[08:55] {Threei} playing the follower
[08:55] {dino} :)
[08:55] {Threei} lol
[08:55] {Threei} snake principle
[08:55] {Threei} watch where head goes to see where the tail is going to be
[08:56] {bruce} lol
[08:56] {bruce} think I will mostly avoid those plays for now
[08:56] {bruce} not much success with them
[08:57] {Threei} they can be very rewarding but they require lightening reflexes and good chunk of experience
[08:58] {bruce} they look inviting
[08:58] {bruce} quick movews
[08:58] {Threei} this is rather videogame kind of participation than normal technical trading
[08:58] {Threei} if you are good at Halo/Doom kind, shooting enemies left and right quickly...
[08:59] {bruce} yes - I know some people thaqt trade that way
[08:59] {bruce} big money
[08:59] {bruce} but takes lots of skill
[08:59] {Threei} big money usually doeas
[09:00] {Threei} (VZ) PRES CHAVEZ: PLANNING TO PROPOSE CHANGING METHOD FOR MEASURING OIL PRICES AT OPEC MEETING -WIRE HEADLINE
[09:00] {Threei} sigh
[09:03] {dino} jobs drop
[09:03] {dino} rvbd wakes up
[09:04] {bruce} bios back to hod
[09:05] {bruce} still a lay after that drop?
[09:05] {bruce} long play
[09:08] {Threei} not by me
[09:09] {bruce} k- just checking - didn't think so - figured pullback was too deeop to justify a long
[09:16] {bruce} thoughts on ldk?
[09:18] {Threei} damaged goods
[09:19] {bruce} lol k
[09:29] {bruce} taking a break
[09:29] {bruce} going to check out the pickle loaf
[09:30] {dino} lol
[09:30] {dino} chilli today
[09:33] {dino} ssrx blood
[09:41] {dino} ssrx hl l .82, stop .48
[09:44] -} *services* fdfd
[09:53] {dino} brb
[10:18] {Threei} IRAN GIVES IAEA PLANS TO MOLD URANIUM INTO WARHEADS - WIRE CITING ENVOYS- Iran fails to meet other IAEA requests on nuclear work
[10:22] {dino} just great
[10:23] {Chaeron} could be worse dino... I read it as they gave IKEA plans
[10:24] {dino} hmmm
[10:33] {Threei} slow day
[10:34] {dino} yes
[10:34] {dino} but profitable
[10:34] {Threei} yes, but nothing outstanding
[10:35] {Threei} I am spoiled be recent volatility I guess :)
[10:35] {Threei} be = by
[10:35] {dino} same, yesterday was very good
[10:45] {bruce} tiny profit for me today
[10:46] {bruce} think I'll just sit on hands though
[10:46] {bruce} nice change of trend from prior three
[10:52] {dino} crazy lately, reminds me of 1999-2000 w/these swings
[10:59] {Threei} OPEC SEC GENERAL: GROUP IS NOT HAPPY WITH HIGH PRICES, TO DISCUSS PRICES AND PRODUCTION AT DEC MEETING- reiterates belief there is plenty of oil in market
[11:00] {Threei} *OCT MONTHLY BUDGET STATEMENT: -$55.6 V -$59BE- prior reading was -$49.3B
[11:03] {dino} ssrx stop to .01
[11:05] {dino} out ssrx .00, +.18
[11:05] {dino} rinse
[11:18] {Threei} JCOM dino
[11:24] {Threei} NVDA short .56, .61 stop
[11:25] {dino} hmm
[11:26] {dino} egle l .89
[11:27] {dino} tbsi rockin'
[11:31] {dino} egle stop is .69 fwiw
[11:38] {bruce} wynn dino
[11:41] {dino} missed it
[11:42] {bruce} yup
[11:42] {bruce} could see it settinhg up- but I cant read tops
[11:44] {Threei} RIMM
[11:44] {dino} egle stop to .99 don't like it
[11:44] {Threei} long from here on fisrt sign of NQ reversal to upside
[11:45] {Threei} finger on a trigger
[11:46] {Threei} in
[11:46] {dino} asei drop
[11:47] {Threei} stop under .30
[11:48] {Threei} no speedy follow through, don't like it
[11:49] {Threei} out
[11:51] {Threei} nice shakeout
[11:52] {bruce} yes
[11:52] {bruce} tough play
[11:53] {dino} asei l hl .35
[11:53] {dino} stop .98
[11:54] {bruce} k thanks dino
[11:55] {dino} :)
[11:55] {dino} my entry sucked
[11:57] {bruce} i like nvda short here
[11:57] {dino} eclp
[11:58] {dino} nvda always gives me trouble
[11:59] {bruce} in .47 stop .59
[11:59] {bruce} will see if it workws
[12:00] {dino} egle stopped +.10
[12:00] {Threei} SEPT PENDING HOME SALES: +0.2% V -2.0%E
[12:01] {dino} eclp continues down
[12:02] {dino} back in 10
[12:03] {bruce} k
[12:04] {Threei} NQ +71
[12:04] {Threei} mama mia
[12:04] {Threei} as usual, this is the toughest kind of days to find a play
[12:04] {bruce} stopped nvda
[12:11] {dino} same here vad, the gap open and continue up are my toughest
[12:11] {Threei} yeah
[12:11] {Threei} and you know wnhat the most amazing thing is?
[12:11] {dino} chaos is moneymaker day
[12:11] {Threei} I make much more on big down days than I do on big up - yet most of plays are LONG
[12:12] {dino} same, cause i think capits on downs, euphoria on ups
[12:12] {dino} i'm pretty much a contrarian
[12:12] {Threei} remember I said yesterday, 11 trades on RIMM, 9 wins 2 stops?
[12:12] {dino} y
[12:12] {Threei} those 2 stops were both shorts
[12:12] {dino} lol
[12:12] {Threei} 9 wins were all longs
[12:12] {Threei} and that was big down day
[12:13] {dino} i was 3 for 4 on it, all long
[12:14] {Threei} whatever... I long as grew out of attempts to disect everything to every why... I accept things as they are and exploit them best I can even if I have no clue why they are what they are :)
[12:15] {Threei} there are enough academics to write tons of books explaining me why it's impossible to make money trading... I'll leave explanations to them
[12:16] {Threei} so far, no single losing day in Nov
[12:17] {dino} same, 2 down in oct
[12:18] {Threei} lemme look
[12:18] {dino} thats the key, no downs
[12:18] {Threei} you outdid me
[12:18] {Threei} 4 down days in Oct
[12:18] {Threei} but the worst of them is -180
[12:19] {dino} although, i am wrong, was down 85$ on nov 2
[12:19] {Threei} 3 others are less then 100 in minus
[12:19] {Threei} and I remember the -180 one - I started it with -700 thanks to my cat
[12:19] {dino} again, thats the key, took me awhile to realize a down cannot be bigger than an up
[12:19] {Threei} and spent a day digging out of a hole :)
[12:20] {bruce} geesh - so far 3 wins 4 loses this month
[12:21] {Threei} frikin thing stepped on a sound wire connecting main monitor with comouter and disconnected it,
[12:21] {Threei} I sent buy order for something evry volatile
[12:21] {Threei} no sound of order being filled,
[12:21] {Threei} I think I miss it,
[12:21] {Threei} switch to other stocks,
[12:22] {dino} i actually have alot of $200-400 days but not many down days, thats the difference
[12:22] {Threei} when I notice my P/L changes even though it shouldn't when I have no position, I am down 700 bucks lol
[12:22] {bruce} that was tough vad - down by accident
[12:22] {Threei} s**t happens
[12:24] {Threei} XMSR
[12:24] {Threei} SHAREHOLDERS APPROVE SIRI MERGER
[12:24] {Threei} I just shrug and start working on it, bruce :)
[12:24] {Threei} it is what it is
[12:26] {dino} exactly
[12:27] {dino} realistically, nothing matters its how you react
[12:27] {dino} asei stop to .65
[12:27] {Threei} yeah... the day it's proven that crying helps profiting from market I will learn to cry
[12:27] {dino} call me that day
[12:28] {Threei} if I may... one book I regard highly on this
[12:29] {Threei} 7 habits of the most effective people
[12:29] {dino} stopped asei +.30
[12:29] {Threei} there are things fully and totally out of our control
[12:29] {dino} 6/6 but all small hits, although just shy of daily
[12:29] {Threei} hurricanes... earthquakes... market moves
[12:30] {Threei} learn to form right mental attitude to deal with those
[12:30] {Threei} There are things that are in our immediate control
[12:30] {Threei} learn to manage them
[12:31] {Threei} and there are things that can be somewhat controlled through intermediary
[12:31] {Threei} by influencing other people
[12:31] {Threei} learn what factors matter and how to manage them
[12:32] {Threei} I hope esteemed Cohen will forgive me for quick and dirty overview
[12:32] {dino} get "millionaire traders", hits close to home on a couple of those traders
[12:32] {Threei} I can't read trading books anymore dino
[12:33] {dino} i understand, screws you up
[12:33] {Threei} mental block I guess, for the last 3 years at least
[12:33] {Threei} probably more
[12:33] {dino} first half of way of the turtles was pretty good too
[12:34] {Threei} Stephen King is fine with me
[12:35] {dino} lol
[12:35] {dino} best part of "trading in the zone" for me was; "anything can happen"
[12:35] {Threei} that one is very good
[12:36] {Threei} Zen in the market is very short and good
[12:37] {dino} rimm hod
[12:41] {Threei} scalped of 112
[12:42] {dino} was thinking of it, but chickened out
[12:45] {Threei} +81 NQ
[12:46] {Threei} a bit unreal
[12:48] {Threei} this second time I chickened out
[12:48] {Threei} so you must have gottent it
[12:49] {dino} no. pretty much done for the day
[12:49] {dino} gj tho
[12:50] {dino} will look at it tomorrow
[12:50] {dino} 10 pts up, may pull back
[12:51] {bruce} calling it a day folks
[12:51] {bruce} take care all
[12:51] {bruce} se you in am
[12:51] {Threei} take care bruce
[12:52] {Threei} thankl you all, have a good evening
[12:52] {Threei} see you tomorrow
[12:53] {dino} me too, thanks all
Session Time: Tue Nov 13 00:00:00 2007
[05:06] {Threei} DIVX
[05:06] {Threei} TECHNOLOGY TO BE ADDED TO PLAYSTATION 3- To date, over 100 million DivX Certified products have been shipped into the market, and it is anticipated PS3 will significantly expand that number. {SNE}
[05:24] {bruce} morning rt
[05:25] {Threei} morning bruce
[05:25] {bruce} vadster
[05:26] {bruce} more must have games for kids
[05:26] {bruce} that'll be sure winner
[05:29] {Threei} I guess we know now why DIVX continued climbing last few days
[05:39] {bruce} lol
[05:39] {bruce} setting up my "if I were smarter chart this am vad
[05:42] {Threei} just don't tell me I need to re-read that book please
[05:43] {Threei} I siccessfully forget everything I wrote in 5 min after finishing it... very convinient
[05:43] {bruce} lol
[05:43] {bruce} my first entry
[05:43] {bruce} If I were smarter I'd stop trading"
[05:43] {Threei} I'll have to disagree
[05:44] {bruce} lol
[05:44] {bruce} not making that entry
[05:44] {Threei} If I were smarter I'd stop losing is my version :)
[05:44] {Threei} on serious note, do you see the usefulness of what you read?
[05:44] {bruce} going to set up trade log to for individual trades
[05:44] {bruce} already do the daily results type tracking
[05:45] {bruce} its a good summary of key points vad
[05:45] {Threei} oh, ity's more than summary
[05:46] {bruce} might be if I can figure out which trades work and which don't better I can improve results
[05:46] {Threei} it's the logic behind building your trading approach which allows you to align all the elements of it
[05:46] {bruce} I could really realtae to bo yoder
[05:47] {bruce} death by a thousand cuts
[05:47] {bruce} but hat only happened to him for a month
[05:47] {bruce} so far this month- I have exactly 20 wins
[05:48] {bruce} 20 losses
[05:48] {bruce} \and they are within 50 c of each other on average
[05:48] {Threei} how doesa it relate to last month?
[05:48] {bruce} not exactly winning formula\
[05:48] {Threei} is it improvement or not?
[05:48] {bruce} no change - those are typical vad
[05:49] {bruce} with small variation
[05:49] {bruce} win/ loss close together
[05:49] {Threei} you mean last month had the same ratio?
[05:49] {Threei} then no changes were incorporated, and you continue doing same thing
[05:49] {Threei} which hasn't proved to be successful
[05:50] {Threei} but you have all the recipes for analisys within those results
[05:51] {Threei} can you pipoint the difference between winners and losers?
[05:51] {Threei} what kind of trades were more of a winners and what more of losers?
[05:52] {bruce} win lose is worse than last month
[05:52] {Threei} nail it, and you know what to expand on and what to cut on
[05:52] {bruce} last month 101 wins and 84 losses
[05:52] {bruce} but lost overall\
[05:52] {Threei} bruce... without those analysis you just roll a dice
[05:52] {bruce} took a min to calculate cause I track weekly
[05:53] {Threei} with such win/loss ratio I would sure have had a profitable month
[05:53] {bruce} I do a lot of diferent kinds of trades
[05:54] {Threei} and?
[05:54] {Threei} among those some are prone to work better than others
[05:55] {Threei} you need to start weeding out process
[05:57] {bruce} I don't have data on diferent trades types vad
[05:58] {bruce} will start to collect
[05:58] {bruce} for example
[05:58] {bruce} a dino type reversal will obviousl y be very dif than a vad style break
[05:58] {bruce} going to strat tracking trades by type to see what works\
[05:59] {bruce} cant keep doing what I ma thats for sure
[05:59] {dptl} good morning all
[05:59] {Threei} dp :)
[05:59] {bruce} hey dp
[05:59] {bruce} morn
[06:01] {Threei} SAUDI ARAMCO CEO: WORLD WILL NOT HIT OIL OUTPUT TOP FOR LONG TIME - WIRE HEADLINE
[06:02] {cosmo} hmmm....output has topped, if i read the solars correctly
[06:03] {dino} gm all
[06:03] {Threei} dino :)
[06:04] {cosmo} ETFC pre mkt range = 3.85 - 4.10
[06:05] {bruce} hi dino- cosmo
[06:05] {bruce} hello ram
[06:05] {cosmo} bruce:)
[06:06] {dino} gm 3i, bruce, cos
[06:07] {cosmo} ESLR pre mkt high = 13 fwiw
[06:08] {cosmo} etfc
[06:09] {Threei} don't forget BIOS
[06:09] {cosmo} ETFC should hold 4 ... i think
[06:11] {Threei} Update: some of recent weakness in solar sector being attributed to rising concerns that Congress may move forward on the energy bill without including renewal of solar tax credit
[06:11] {Threei} - Reportedly, on Friday the Solar Energy Industries Association, a national trade group, stated that House Speaker Pelosi has decided to move forward on the bill without the tax credits.
[06:11] {Threei} - a Think Equity analyst said today that this chatter emerged on Thursday and may explain some of the turnabout in prices of solar stocks.
[06:16] {Threei} UPDATE: BMO ANALYST SAYS E*TRADE BANKRUPTCY IS 'HIGHLY UNLIKELY.'- analyst says the company would have to experience massive withdrawals for it to have major issues. Notes deposits have grown for the last 13 months consecutively.
[06:21] {Threei} be back in 5
[06:26] {Threei} BIOS ready to break
[06:29] {esemde} GM Raven bruce cos dino dp hawk jmb ram
[06:30] {Threei} ese :)
[06:30] {bruce} hi ese
[06:31] {dino} gm ese
[06:31] {Raven} hi ese
[06:32] {Roman} ESLR
[06:33] {Roman} watching for a bounce today
[06:34] {cosmo} ETFC tests 4
[06:34] {Threei} BIOS 9.65 long if stays above 9.50
[06:35] {dino} guess we missed bidu
[06:36] {bruce} in bios .64
[06:36] {bruce} stop to .49
[06:37] {dino} egle l .39 hl
[06:39] {dino} stop is .98
[06:39] {Roman} SOHU long small
[06:42] {Threei} MLNM
[06:42] {Threei} 14 break long
[06:42] {Threei} .84 stop
[06:48] {esemde} good morning patience....my internet was shut down ...hows your connections
[06:49] {bruce} move bios stop to .65?
[06:49] {Threei} .59
[06:51] {patience} not sure ese, just home from the royal jubilee. took the night shift looking after my dad.
[06:53] {Roman} out SOHU flat
[06:53] {bruce} mlnm stop to .90 now?
[06:53] {Threei} .89
[06:54] {esemde} patience dcc
[06:54] {dino} egle stop to b/e
[06:57] {Threei} MLNM stop to .94
[06:58] {dino} egle stop to .74
[06:58] {bruce} done - thanks vad
[06:58] {bruce} working to protect profits
[06:59] {Threei} on a verge of break yet doesn't... want to keep it as safe as possible
[06:59] {Threei} notice how it trades:
[06:59] {Threei} spikes to new high and immediately retreats
[06:59] {dino} lock 'em in bruce
[06:59] {dino} out egle .79, +.40
[06:59] {Threei} so to got out on a spike you need to have order in
[07:00] {Roman} SCON
[07:00] {Roman} counber
[07:00] {Roman} bouncer
[07:00] {Roman} yesterday had $5.70 prints
[07:00] {Threei} great... Roman has strong case of dislexia today
[07:00] {dino} today???
[07:00] {Threei} on top of my typing, that's just what we needed
[07:03] {Threei} TUES
[07:03] {cosmo} correct
[07:03] {Threei} lol
[07:03] {Threei} daily looks nice for a scalp
[07:03] {Threei} half lot .30
[07:04] {Threei} .19 stop
[07:04] {bruce} thnaks dino - workin on it
[07:05] {dino} :)
[07:11] {Roman} long SATC full size
[07:11] {Roman} 1.61
[07:12] {Threei} BIOS stop to .64
[07:16] {Threei} TUES stop to .23
[07:17] {esemde} I missed this but NSIT is making a nice move
[07:18] {Chaeron} gm all
[07:19] {dino} nsit s hl .39, stop .67
[07:19] * Threei kicks BIOS in the rear with heavy duty army boots
[07:20] {Raven} Chaeron ... finally :)
[07:20] {Threei} Chaeron :)
[07:20] {bruce} mlnm stopped
[07:25] {dino} itri
[07:27] {bruce} bios is trading on appointment
[07:28] {bruce} send note dentist with drill is coming vad
[07:28] {Threei} lol
[07:28] {Threei} like pulling a tooth eh?
[07:29] {bruce} if fear of good doesn't work
[07:29] {bruce} fear of dentist will
[07:29] {Threei} {BIOS} when I trade at 10, the joke will be on you
[07:30] {Threei} US ENERGY SEC BODMAN: LOW CRUDE INVENTORIES ARE PUSHING UP THE PRICE OF OIL
[07:30] {Threei} really?
[07:31] {Threei} ALGERIAN ENERGY MINISTER: DO NOT EXPECT OUTPUT CHANGE AT THE DECEMBER OPEC MEETING
[07:31] {bruce} that cheap eddie talking?
[07:31] {Threei} XING?
[07:31] {dino} bidz
[07:33] {Threei} and here comes the crown:
[07:33] {Threei} QATARI OIL MINISTER: OPEC CAN NOT INCREASE SUPPLY, BECAUSE THERE IS NO DEMAND TO MEET IT
[07:34] {Threei} me so confused
[07:34] {bruce} thgats cause al gore doesn't drive his suv any more
[07:34] {dino} nsit bstop to .14
[07:34] {Threei} buyers say they have low inventory and big demand... suppliers say we won't supply more because tyou don't demand it...
[07:35] {cosmo} not since i had to sell the car
[07:35] {dino} stopped .14, +.24
[07:35] {dino} .25
[07:35] {Threei} bruce, you mean he hired a driver?
[07:36] {Threei} BIOS new high, qwhole cent higher than old high
[07:37] {Threei} TUES stop to .29
[07:40] {Threei} BIOS 1:1, believe it or not
[07:40] {Threei} half out for me, scalpers feel free to take profit
[07:42] {bruce} 1/2out bios
[07:42] {Threei} US ENERGY SEC BODMAN: US ECONOMY RESILIENCE TO HIGH OIL PRICES HAS BEEN EXTRAORDINARY
[07:43] {Threei} what is it, message to OPEC "we can take what you can dish out"?
[07:43] {bruce} stop moved to .74 on balance
[07:43] {Threei} .69 for me
[07:44] {bruce} k - maybe setting it too tight
[07:44] {Threei} not necessary
[07:44] {Threei} both are valid
[07:44] {bruce} als always had a driver vad
[07:44] {Threei} it's more of personal choice
[07:45] {bruce} k - I like to keep them prety tight
[07:45] {bruce} need to get bigger moves though
[07:46] {bruce} figured that out from your comments this am
[07:46] {Threei} don't rush to conclusions until you run the whole process of troublesahooting
[07:46] {Threei} it's not always that obvious
[07:47] {bruce} k
[07:47] {Threei} build youir next step when you are done with whole book, I have suspicion you start changing things as you go
[07:48] {bruce} me?
[07:48] {bruce} change things as I go?
[07:48] {Threei} 'If I were smarter" method is in psychology part, not in troubleshooting part
[07:48] {bruce} sheesh
[07:48] {bruce} ofcourse I do
[07:49] {bruce} just scanned for stuff to use right away
[07:49] {Threei} US ENERGY SEC BODMAN: US ECONOMY RESILIENCE TO HIGH OIL PRICES HAS BEEN EXTRAORDINARY - WIRE HEADLINE
[07:49] {Threei} - says too early to tell oil price's economic impact
[07:50] {dino} nafc hl s .39, stop .68
[07:53] {bruce} thanks dino
[07:54] {bruce} appreciate stop post with entry
[07:56] {dino} np, i'll try to remember
[07:57] {bruce} I would have set about .57
[07:57] {bruce} and thats probably not enough
[07:58] {dino} rinses w/kill you
[07:58] {bruce} iNED TO LEARN TO GET COMFORTABLE W WIDER STOPS W YOUR STYLE OF TRADES
[07:59] {bruce} oopp
[07:59] {bruce} sorry about caps
[07:59] {dino} i understand, problem w/my type is they get gappy
[07:59] {bruce} can see that
[07:59] {bruce} smaller shares
[07:59] {dino} yes
[07:59] {bruce} bigger stops
[08:00] {bruce} and big moves so wins justify risk
[08:01] {dino} i'll crack you up. a year ago my standard size was 1,000, since i changed to 500 and widened stop, i do much better
[08:02] {bruce} k
[08:02] {bruce} would imagine you had some pretty nasty drawdowns
[08:02] {dino} indeed, havard education i call it
[08:03] {dino} then i realized if i would stop being stupid, i could make some money
[08:04] {bruce} how did you realize larger stops were oing to work for you?
[08:05] {dino} reviewed my trades, lots more would've worked if i could've held on. so wider and smaller was the key. not to mention, much more relaxing way to trade
[08:06] {Threei} bruce... what dino descrobes is exactly the process of troubleshooting in the book you keep in hands
[08:06] {Threei} let me reiterate the idea of reading it thoroughly before you start apply changes
[08:07] {bruce} thanks dino
[08:07] {bruce} will do vad
[08:08] {dino} anytime, good luck
[08:13] {bruce} adjust nafc stop here dino?
[08:15] {dino} yes to b/e
[08:15] {bruce} k -that was my thought
[08:15] {bruce} we have 1 to 1 here
[08:15] {dino} or if scalping, book it
[08:16] {dino} if it gets to .00, bring stop to 1:1 and just see what happens
[08:17] {dino} to .15 stop now imo
[08:17] {dino} magoo says i'm stingy
[08:19] {dino} cov. ave .13, +.26, on that jump
[08:19] {dino} we'll key an eye on it
[08:19] {dino} brb
[08:21] {dino} rimm hod
[08:24] {Threei} remember my grim predictions for LDK?
[08:25] {Threei} have a look at it
[08:25] {Chaeron} messy
[08:28] {dino} wow
[08:30] {Roman} ESLR high
[08:32] {esemde} have a great rest of the day all.... see ya tomorrow
[08:33] {bruce} bye ses
[08:33] {bruce} ese
[08:33] {dino} cya ese
[08:33] {Threei} take care ese
[08:36] {dino} twgp spike
[08:38] {Threei} RIMM bounce candidate
[08:41] {dino} may have already missed rimm, pretty big move
[08:41] {Threei} under 109 would be nice if we get there
[08:41] {Threei} with its volatility there are plenty of bouncesa to scalp
[08:42] {dino} y
[08:44] {Threei} CLWR takeover rumors
[08:49] {bruce} rimm hit 109 vad
[08:50] {Threei} if grabbed RIMM under 109, take scalp here
[08:51] {bruce} Ididn't get it
[08:51] {bruce} no stop defiend
[08:51] {bruce} what would you have used vad?
[08:51] {bruce} prb need 50 c would think
[08:52] {Threei} it's different kind of play
[08:52] {Threei} following NQ rather than trading on its own merits
[08:53] {Threei} it hit 108.91, paused,
[08:53] {Threei} got back to 109, hesitated a little and broke it
[08:53] {Threei} that's the entry unless NQ drops hard
[08:53] {Threei} stop is NQ continuing down and ROMM making new low
[08:53] {Threei} RIMM
[08:53] {bruce} k
[08:54] {Threei} so in practicae it would look like this:
[08:54] {bruce} so using time and sales to judge momentum
[08:54] {Threei} NQ reverses, RIMM goes with it, fine,
[08:54] {bruce} and exit if it stalls while watching nq
[08:54] {Threei} NQ reverses RIMM makes new low, still holding,
[08:54] {Threei} since it's just its natuarl volatility
[08:54] {bruce} \k
[08:55] {Threei} and it's likely to bounce quickly if NQ shows strength
[08:55] {bruce} what do you call a play like that?
[08:55] {dino} chaos
[08:55] {Threei} playing the follower
[08:55] {dino} :)
[08:55] {Threei} lol
[08:55] {Threei} snake principle
[08:55] {Threei} watch where head goes to see where the tail is going to be
[08:56] {bruce} lol
[08:56] {bruce} think I will mostly avoid those plays for now
[08:56] {bruce} not much success with them
[08:57] {Threei} they can be very rewarding but they require lightening reflexes and good chunk of experience
[08:58] {bruce} they look inviting
[08:58] {bruce} quick movews
[08:58] {Threei} this is rather videogame kind of participation than normal technical trading
[08:58] {Threei} if you are good at Halo/Doom kind, shooting enemies left and right quickly...
[08:59] {bruce} yes - I know some people thaqt trade that way
[08:59] {bruce} big money
[08:59] {bruce} but takes lots of skill
[08:59] {Threei} big money usually doeas
[09:00] {Threei} (VZ) PRES CHAVEZ: PLANNING TO PROPOSE CHANGING METHOD FOR MEASURING OIL PRICES AT OPEC MEETING -WIRE HEADLINE
[09:00] {Threei} sigh
[09:03] {dino} jobs drop
[09:03] {dino} rvbd wakes up
[09:04] {bruce} bios back to hod
[09:05] {bruce} still a lay after that drop?
[09:05] {bruce} long play
[09:08] {Threei} not by me
[09:09] {bruce} k- just checking - didn't think so - figured pullback was too deeop to justify a long
[09:16] {bruce} thoughts on ldk?
[09:18] {Threei} damaged goods
[09:19] {bruce} lol k
[09:29] {bruce} taking a break
[09:29] {bruce} going to check out the pickle loaf
[09:30] {dino} lol
[09:30] {dino} chilli today
[09:33] {dino} ssrx blood
[09:41] {dino} ssrx hl l .82, stop .48
[09:44] -} *services* fdfd
[09:53] {dino} brb
[10:18] {Threei} IRAN GIVES IAEA PLANS TO MOLD URANIUM INTO WARHEADS - WIRE CITING ENVOYS- Iran fails to meet other IAEA requests on nuclear work
[10:22] {dino} just great
[10:23] {Chaeron} could be worse dino... I read it as they gave IKEA plans
[10:24] {dino} hmmm
[10:33] {Threei} slow day
[10:34] {dino} yes
[10:34] {dino} but profitable
[10:34] {Threei} yes, but nothing outstanding
[10:35] {Threei} I am spoiled be recent volatility I guess :)
[10:35] {Threei} be = by
[10:35] {dino} same, yesterday was very good
[10:45] {bruce} tiny profit for me today
[10:46] {bruce} think I'll just sit on hands though
[10:46] {bruce} nice change of trend from prior three
[10:52] {dino} crazy lately, reminds me of 1999-2000 w/these swings
[10:59] {Threei} OPEC SEC GENERAL: GROUP IS NOT HAPPY WITH HIGH PRICES, TO DISCUSS PRICES AND PRODUCTION AT DEC MEETING- reiterates belief there is plenty of oil in market
[11:00] {Threei} *OCT MONTHLY BUDGET STATEMENT: -$55.6 V -$59BE- prior reading was -$49.3B
[11:03] {dino} ssrx stop to .01
[11:05] {dino} out ssrx .00, +.18
[11:05] {dino} rinse
[11:18] {Threei} JCOM dino
[11:24] {Threei} NVDA short .56, .61 stop
[11:25] {dino} hmm
[11:26] {dino} egle l .89
[11:27] {dino} tbsi rockin'
[11:31] {dino} egle stop is .69 fwiw
[11:38] {bruce} wynn dino
[11:41] {dino} missed it
[11:42] {bruce} yup
[11:42] {bruce} could see it settinhg up- but I cant read tops
[11:44] {Threei} RIMM
[11:44] {dino} egle stop to .99 don't like it
[11:44] {Threei} long from here on fisrt sign of NQ reversal to upside
[11:45] {Threei} finger on a trigger
[11:46] {Threei} in
[11:46] {dino} asei drop
[11:47] {Threei} stop under .30
[11:48] {Threei} no speedy follow through, don't like it
[11:49] {Threei} out
[11:51] {Threei} nice shakeout
[11:52] {bruce} yes
[11:52] {bruce} tough play
[11:53] {dino} asei l hl .35
[11:53] {dino} stop .98
[11:54] {bruce} k thanks dino
[11:55] {dino} :)
[11:55] {dino} my entry sucked
[11:57] {bruce} i like nvda short here
[11:57] {dino} eclp
[11:58] {dino} nvda always gives me trouble
[11:59] {bruce} in .47 stop .59
[11:59] {bruce} will see if it workws
[12:00] {dino} egle stopped +.10
[12:00] {Threei} SEPT PENDING HOME SALES: +0.2% V -2.0%E
[12:01] {dino} eclp continues down
[12:02] {dino} back in 10
[12:03] {bruce} k
[12:04] {Threei} NQ +71
[12:04] {Threei} mama mia
[12:04] {Threei} as usual, this is the toughest kind of days to find a play
[12:04] {bruce} stopped nvda
[12:11] {dino} same here vad, the gap open and continue up are my toughest
[12:11] {Threei} yeah
[12:11] {Threei} and you know wnhat the most amazing thing is?
[12:11] {dino} chaos is moneymaker day
[12:11] {Threei} I make much more on big down days than I do on big up - yet most of plays are LONG
[12:12] {dino} same, cause i think capits on downs, euphoria on ups
[12:12] {dino} i'm pretty much a contrarian
[12:12] {Threei} remember I said yesterday, 11 trades on RIMM, 9 wins 2 stops?
[12:12] {dino} y
[12:12] {Threei} those 2 stops were both shorts
[12:12] {dino} lol
[12:12] {Threei} 9 wins were all longs
[12:12] {Threei} and that was big down day
[12:13] {dino} i was 3 for 4 on it, all long
[12:14] {Threei} whatever... I long as grew out of attempts to disect everything to every why... I accept things as they are and exploit them best I can even if I have no clue why they are what they are :)
[12:15] {Threei} there are enough academics to write tons of books explaining me why it's impossible to make money trading... I'll leave explanations to them
[12:16] {Threei} so far, no single losing day in Nov
[12:17] {dino} same, 2 down in oct
[12:18] {Threei} lemme look
[12:18] {dino} thats the key, no downs
[12:18] {Threei} you outdid me
[12:18] {Threei} 4 down days in Oct
[12:18] {Threei} but the worst of them is -180
[12:19] {dino} although, i am wrong, was down 85$ on nov 2
[12:19] {Threei} 3 others are less then 100 in minus
[12:19] {Threei} and I remember the -180 one - I started it with -700 thanks to my cat
[12:19] {dino} again, thats the key, took me awhile to realize a down cannot be bigger than an up
[12:19] {Threei} and spent a day digging out of a hole :)
[12:20] {bruce} geesh - so far 3 wins 4 loses this month
[12:21] {Threei} frikin thing stepped on a sound wire connecting main monitor with comouter and disconnected it,
[12:21] {Threei} I sent buy order for something evry volatile
[12:21] {Threei} no sound of order being filled,
[12:21] {Threei} I think I miss it,
[12:21] {Threei} switch to other stocks,
[12:22] {dino} i actually have alot of $200-400 days but not many down days, thats the difference
[12:22] {Threei} when I notice my P/L changes even though it shouldn't when I have no position, I am down 700 bucks lol
[12:22] {bruce} that was tough vad - down by accident
[12:22] {Threei} s**t happens
[12:24] {Threei} XMSR
[12:24] {Threei} SHAREHOLDERS APPROVE SIRI MERGER
[12:24] {Threei} I just shrug and start working on it, bruce :)
[12:24] {Threei} it is what it is
[12:26] {dino} exactly
[12:27] {dino} realistically, nothing matters its how you react
[12:27] {dino} asei stop to .65
[12:27] {Threei} yeah... the day it's proven that crying helps profiting from market I will learn to cry
[12:27] {dino} call me that day
[12:28] {Threei} if I may... one book I regard highly on this
[12:29] {Threei} 7 habits of the most effective people
[12:29] {dino} stopped asei +.30
[12:29] {Threei} there are things fully and totally out of our control
[12:29] {dino} 6/6 but all small hits, although just shy of daily
[12:29] {Threei} hurricanes... earthquakes... market moves
[12:30] {Threei} learn to form right mental attitude to deal with those
[12:30] {Threei} There are things that are in our immediate control
[12:30] {Threei} learn to manage them
[12:31] {Threei} and there are things that can be somewhat controlled through intermediary
[12:31] {Threei} by influencing other people
[12:31] {Threei} learn what factors matter and how to manage them
[12:32] {Threei} I hope esteemed Cohen will forgive me for quick and dirty overview
[12:32] {dino} get "millionaire traders", hits close to home on a couple of those traders
[12:32] {Threei} I can't read trading books anymore dino
[12:33] {dino} i understand, screws you up
[12:33] {Threei} mental block I guess, for the last 3 years at least
[12:33] {Threei} probably more
[12:33] {dino} first half of way of the turtles was pretty good too
[12:34] {Threei} Stephen King is fine with me
[12:35] {dino} lol
[12:35] {dino} best part of "trading in the zone" for me was; "anything can happen"
[12:35] {Threei} that one is very good
[12:36] {Threei} Zen in the market is very short and good
[12:37] {dino} rimm hod
[12:41] {Threei} scalped of 112
[12:42] {dino} was thinking of it, but chickened out
[12:45] {Threei} +81 NQ
[12:46] {Threei} a bit unreal
[12:48] {Threei} this second time I chickened out
[12:48] {Threei} so you must have gottent it
[12:49] {dino} no. pretty much done for the day
[12:49] {dino} gj tho
[12:50] {dino} will look at it tomorrow
[12:50] {dino} 10 pts up, may pull back
[12:51] {bruce} calling it a day folks
[12:51] {bruce} take care all
[12:51] {bruce} se you in am
[12:51] {Threei} take care bruce
[12:52] {Threei} thankl you all, have a good evening
[12:52] {Threei} see you tomorrow
[12:53] {dino} me too, thanks all
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