Session Start: Thu Jan 10 00:00:00 2008
Session Time: Thu Jan 10 00:00:00 2008
[04:55] {hawkfan4} whew, for a bit there i thought i was gonna have to be in charge :) morning Vad
[04:58] {Threei} morning hawk :)
[04:58] {Threei} hey, it's a good idea
[04:59] {Threei} you sure you don't want to?
[05:03] {hawkfan4} lol, it might be pure chaos. I haven't quite got the stress free trading part down to a science yet
[05:03] {Threei} who said chaos is bad
[05:04] {hawkfan4} :) so true
[05:05] {Threei} from my chess days:
[05:05] {Threei} there was a school of Botvinnik, 3 or 4 times world champion,
[05:06] {Threei} shcool of logic, iron sequences
[05:06] {Threei} strict analysis
[05:06] {Threei} and generation after generation of chess players were taught this
[05:06] {Threei} then at some point new star appeared, Michael Tal,
[05:07] {Threei} a guy who built his entire game style on chaos
[05:07] {Threei} he had natural ability to intuitively find his way in chaotic situations where logic was totally thrown off
[05:07] {Threei} so his approach was:
[05:08] {Threei} from the early stages odf the game he would violate all the rules and all the logic,
[05:08] {Threei} taking the situation off beaten path
[05:08] {Threei} and creation positions with no pillars for traditional analysis
[05:08] {Threei} creating
[05:09] {Threei} what do you know, players of normal schooling would totally lose their ability to analyse situation
[05:09] {Threei} and his skill to find his way in muddy waters would kick in and take him to the victory
[05:09] {hawkfan4} pure genius if you can pull it off
[05:10] {Threei} he even proceeded to beat Botvinnik himself and beome world champion
[05:10] {hawkfan4} nice :)
[05:11] {Threei} genius yes... but general principle applies:
[05:11] {Threei} go off the beaten path, and you have advantage over those who can't play without traditional rules
[05:15] {Threei} btw, trading application exists as well, and on many levels
[05:16] {Threei} the most obvious is, do many of day traders make money trading MSFTs or INTCs of the world? :)
[05:16] {Threei} you have much better chance with obscure stocks
[05:16] {Threei} but as obscure stock gets too much recognition and following, it goes mainstream and becomes harder
[05:16] {hawkfan4} i like it. that's kind of why i haven't made any calls in the room, because i sit thru bigger stops and intraday drawdowns on some of my positions. Like yesterday i started buying WFR at 69.60 and bought it down to 68.90. Made good money, but someone else would've had to bail for a loss b4 it worked.
[05:17] {Threei} another analogy is a stage at which you start paying attention to the stock and particpating in it... early stage is the most priftable, and when the crowd discovers it, move is over
[05:17] {Threei} if bigger stops match your approach/personality, nothing's worng with that
[05:20] {hawkfan4} my biggest problem is that it occasionally leads to a big down day when i'm wrong with my market read. That's something i'm working on, basically not overtrading is my biggest problem.
[05:21] {Threei} I am not sure it's a problem to rectify
[05:21] {Threei} I mean, with wider stops loss is naturally bigger,
[05:21] {Threei} and those days when things don't work will of course will be losing days, and size of loss will be proportional to the width of stops
[05:22] {Threei} when things go in your favor, size of your win is also bigger than average scalpers
[05:22] {Threei} so it's just a matter of scale
[05:22] {Threei} you can't have srtops/losses equal to scalping ones and wins equal to swing trader ones, right?
[05:23] {hawkfan4} true, that makes sense
[05:23] {Threei} as MPP says... all the elements of your trading style should be aligned
[05:24] {Threei} try to keep narrow stops of scalping world while basing your entires on swing setups, and you will be shaken out regularly
[05:24] {Threei} simply because a stop is being placed within area of natural volatility
[05:25] {Threei} and is hit before setup has a chance to work
[05:25] {Threei} when everything's aligned, stop is placed at the level of significance
[05:25] {Threei} and this level will not be the same for a scalping setup vs swing trading setup
[05:26] {hawkfan4} i'm still putting it all together, tweaking everything. You and Dino have been very helpful to me, just watching the way you handle situations, the concept of stress free trading, it's worth working towards
[05:27] {Threei} :)
[05:28] {hawkfan4} And Roman, he's money in the bank. I don't even look at the chart half the time he mentions something. Just grab it.
[05:29] {Threei} yeah, his batting average is not average at all
[05:34] {esemde} good morning ladies and germs.....
[05:34] {Threei} ese :)
[05:34] {Threei} who are you calling germ?
[05:35] {esemde} clasic old shtick of a line but i like it......
[05:35] {Threei} :)
[05:35] {esemde} ah ah ah ummmmmm...nobody vad nobody at all
[05:35] {magoo} morning
[05:36] {Threei} magoo :)
[05:36] {Threei} ese, look dcc please
[05:37] {esemde} magoo
[05:43] {BillyD} morning guys
[05:44] {Threei} billy :)
[05:45] {BillyD} anything special stick out so far
[05:45] {esemde} billy
[05:45] {esemde} COF EFII both down huge.....
[05:46] {BillyD} ty
[05:51] {magoo} why DRYS down? news?
[05:52] {magoo} EFII down 4 too
[05:52] {magoo} ILMN up 8 vad, news?
[05:53] {hawkfan4} 10-Jan-08 05:20 ET In Play Affymetrix and Illumina settle their patent disputes; Illumina to make one-time payment to Affymetrix of $90 mln (23.76 )
[05:53] {Threei} 05:01am [ILMN] Affymetrix settles patent disputes with Illumina
[05:54] {Threei} DRYS, nothing that I see
[05:54] {magoo} ok, ty
[05:58] {dptl} good morning all
[05:58] {BillyD} dp:)
[05:59] {Threei} dp :)
[06:05] {Threei} ETFC didn't convince anyone by yesterday's comments so far eh
[06:06] {magoo} vad, u got a read on ILMN short?
[06:06] {cosmo} EFII pre mkt high = 15.50 fwiw
[06:07] {Threei} chart wise, break of 70... but you know how reliable premarket charts are, especially on gaps of such magnitude
[06:09] {magoo} ok
[06:09] {Threei} EFII is worth watching, could be the case of "bad news is oout, everyone who wanted out has sold"
[06:17] {magoo} vad..lets watch OLMN as a potential short scalp somewhere today..keep eye on it
[06:20] {magoo} short loss of 70
[06:22] {Threei} pretty intense battle here... don't know, I'll stay away
[06:22] {Threei} maybe it forms something more manageable later
[06:22] {magoo} gotcha
[06:23] {Threei} remember how often we saw this kind consolidating, then just going and going and going?
[06:24] {dino} gm all
[06:24] {Threei} dino :)
[06:24] {esemde} dino
[06:26] {dino} :)
[06:27] {Threei} how about that for gravity
[06:27] {dino} hawk, gj, and thx, glad i can help. my style is deffinately different
[06:27] {Threei} told ya gravity was a hoax
[06:27] {magoo} yeah..we should have hit it long
[06:28] {Threei} sure, in hindsight
[06:28] {BillyD} it teleports
[06:28] {magoo} well actually..un had a good feel on it'
[06:28] {Threei} but how would you know at the time?
[06:28] {dino} ev to sell, mdp to sell
[06:28] {Threei} you did?
[06:28] {Threei} why did you ask about short then? :)
[06:28] {magoo} know..u did
[06:28] {Threei} me?
[06:28] {Threei} not really
[06:29] {magoo} i was thinkuing sh..u no like short
[06:29] {Threei} just feeling of danger, that's all
[06:29] {Threei} I hate doing obvious things
[06:29] {Threei} and short was way too obvious
[06:29] {Threei} obvious equals wrong in trading
[06:29] {dino} need coffee, brb
[06:32] {Threei} ILMN becomes "bruce trade" - close your eyes and buy
[06:32] {bruce} hmm
[06:33] {bruce} read my mind vad
[06:33] {bruce} looking at it
[06:33] {Threei} EFII, half lot long
[06:33] {Threei} .85
[06:33] {Threei} sheesh
[06:33] {Threei} no chasing
[06:33] {Threei} teleported
[06:34] {dino} ilmn s .96
[06:34] {Threei} GRMN
[06:34] {dino} darn partial 100
[06:35] {Threei} small shares long here
[06:35] {Threei} stop under75
[06:35] {magoo} in
[06:36] {Threei} look to exit half at least on spike over .50
[06:37] {Threei} EFII half lot llong
[06:37] {Threei} stop under .40
[06:37] {Threei} doesn't want to go, leave it alone for now
[06:38] {Roman} in AKNS
[06:38] {Roman} 10.25 area
[06:40] {Roman} long GOLD small
[06:40] {Roman} 41.50 area, very thin
[06:41] {Roman} bidding PAAS small
[06:41] {Roman} 36.52 area
[06:41] {Roman} out ANKS
[06:42] {Roman} AKNS
[06:42] {Threei} nice one
[06:42] {magoo} stopped grmn
[06:43] {magoo} wtf
[06:43] {BillyD} good stop magoo
[06:43] {magoo} went 74.70
[06:43] {magoo} NOT
[06:44] {Roman} in PAAS
[06:46] {Roman} CTDC bouncer
[06:46] {Roman} in small 7.33
[06:47] {Threei} MXGL half lot long 29.51 if stays above .40
[06:47] {Roman} in DSTI small
[06:47] {Roman} 5.33 area
[06:49] {Roman} out 1/2 GOLD +.56
[06:50] {Roman} IDIX continuing
[06:51] {Roman} in BONT
[06:53] {Threei} HOKU
[06:53] {Threei} .60 long
[06:53] {Threei} sheesh
[06:53] {Threei} is it me that slow this morning or they just jump with no regard for us
[06:54] {BillyD} still want it HOKU?
[06:54] {Threei} on strength return
[06:54] {Threei} not on price alone
[06:54] {BillyD} ok
[06:54] {Roman} KOOL radar today
[06:55] {Threei} .45 is stop/invalidating level
[06:58] {dino} ]brreak of 73 adding rest of ilmn
[06:58] {dino} s
[06:58] {esemde} L LOGI 33.61 half lot
[06:59] {dptl} are you in hoku?
[06:59] {Threei} yes, 3/4 lot
[07:00] {Threei} NOV WHOLESALE INVENTORIES: 0.6% V 0.4%E
[07:01] {Threei} PHILADELPHIA FED DEC BUSINESS CONDITIONS INDEX REVISED UP TO -1.6 FROM -5.7
[07:01] {Roman} out DSTI +.22
[07:01] {Threei} stopped
[07:02] {magoo} entry vad hoku?
[07:02] {dptl} stoped hoku
[07:02] {Threei} good morning magoo
[07:02] {Roman} SBUX
[07:02] {Roman} long
[07:02] {magoo} huh?
[07:02] {Roman} 19.50 small
[07:02] {Threei} lol
[07:03] {Threei} ETFC, what now?
[07:04] {Threei} TASR DEFENDED AT CRAIG-HALLUM; REITERATES BUY RATING AND $21 PT
[07:04] {bruce} paas - any read vad?
[07:04] {Threei} it's Roman's baby
[07:04] {Threei} he has much better grip on it
[07:04] {esemde} all right which one of you is selling LOGI at .60.....stop that......
[07:04] {magoo} whats entry on HOIKU?
[07:05] {Threei} mags, we already exited it
[07:05] {Threei} no entry
[07:05] {magoo} OH HE HE
[07:05] {Threei} that's why "good morning" :)
[07:05] {dino} l meli .70
[07:05] {Roman} PAAS looking good
[07:06] {Threei} good one SBUX, thanks Roman
[07:06] {esemde} SBUX ....nice Roman.....
[07:06] {esemde} i want LOGI to do the same
[07:07] {esemde} he huffed and he puffed and he blew the stock.......??????
[07:07] {Threei} CSIQ half lot long
[07:08] {Threei} stop under 23
[07:11] {Roman} out SBUX
[07:12] {Roman} watching DROOY
[07:12] {Roman} gold play
[07:12] {Roman} probably higher
[07:13] {dino} cut meli -.50
[07:14] {Roman} out remaining GOLD +.80
[07:14] {Roman} SWHC bouncer
[07:14] {esemde} yes LOGI out 34 +.39
[07:14] {Roman} daily
[07:14] {Threei} beautiful one ese
[07:15] {dino} gj es
[07:15] {esemde} that felt perfect.....nice set up sp/nas work right hmmm
[07:16] {dino} meli rinsed, .75 new trig imo
[07:16] {Threei} GOLD is still moving, time for DROOY to catch up
[07:16] {Roman} yeah, took DROOY
[07:16] {Threei} I am waiting for .25 to get hut
[07:16] {Threei} hit
[07:16] {dino} es getting deep
[07:19] {Threei} NASDAQ looks to stage another relief rally
[07:20] {Threei} watching NVDA to use as a follower
[07:20] {Threei} since QID is not shortable
[07:20] {Threei} looking for pullback entry as close to 28 as we can get
[07:21] {Threei} if no pullback anymore, .41 becomes breakout trigger
[07:22] {dino} gs green, hod
[07:23] {dino} akam
[07:23] {Roman} damn DSTI
[07:23] {Roman} nice run
[07:27] {esemde} ILMN...opinions
[07:27] {Threei} got .08 NVDA
[07:27] {esemde} thinkin long at 75
[07:27] {esemde} small
[07:28] {Threei} out .21
[07:28] {Threei} somehysterical move
[07:29] {Threei} 75 ese?
[07:29] {Threei} way too far from here
[07:29] {Threei} 74 break seems to be nearest trigger if you want long
[07:29] {esemde} sorry 74....tks
[07:30] {Threei} *EIA NATURAL GAS INVENTORIES: -171 BCF VS. EXPECTED RANGE OF -160 TO -165 BCF
[07:32] {Threei} back in NVDA, half lot this time
[07:33] {dino} tough one es
[07:33] {Threei} counting on bigger move
[07:33] {dino} moves in .40 trades, go small
[07:35] {Threei} RMBS
[07:35] {Threei} .07 long
[07:35] {dino} fslr l 223.55
[07:35] {Threei} 17.99 stop
[07:35] {Threei} enough shakeouts NQ, let's go
[07:37] {dptl} in rmbs .07
[07:37] {bruce} teva short?
[07:37] {Threei} jeez
[07:38] {dptl} stoped
[07:38] {Threei} worth a try bruce
[07:39] {bruce} thanx vadster
[07:44] {Threei} ETFC goes back to 25?
[07:44] {dino} not
[07:45] {Threei} too bad... I thought maybe I could close my eyes and buy
[07:45] {Threei} too many shakeouts today
[07:47] {dino} worse than yesterday imo'
[07:48] {Threei} so far, yes
[07:48] {Threei} out NVDA
[07:49] {dino} fslr stopped sm
[07:49] {bruce} out 1/2 teva +.21
[07:52] {dino} gj
[07:53] {bruce} out balance flat
[07:53] {BillyD} chop chop
[07:53] {BillyD} good execution bruce
[07:54] {bruce} suey suey
[07:54] {BillyD} lol
[07:54] {bruce} thanx billyd
[07:54] {Threei} TEVA IS SEEKING A BUYER FOR ITS VETERINARY MEDICINES UNIT - GLOBES CTING SOURCES
[07:54] {bruce} strating to look like I swhould have given more room
[07:54] {bruce} but hate giving up profits
[07:55] {BillyD} well, take what you can especially today so far
[07:55] {Threei} true
[07:55] {Threei} no patterns whatsoever, aimless jerking around
[07:56] {dino} agree, book them when you can
[07:56] {bruce} thats a nastty thing to say about magoo vad
[07:57] {dino} lol
[07:57] {dino} fslr you need a 5 dollar stop range
[07:57] {bruce} nvda short vadster?
[07:58] {Threei} can't tell
[07:58] {BillyD} crayon kid syndromre
[07:58] {Threei} it has no readable rythm today
[07:58] {bruce} k
[07:58] {magoo} grmn bounce time vad?
[07:59] {bruce} thanx
[07:59] {Threei} would like pullback on it first mags
[07:59] {Threei} top about 76.50
[07:59] {magoo} yeah..popped just now
[08:00] {Threei} look at NQ
[08:01] {Threei} IMF: DOES NOT FORECAST US RECESSION AT THIS POINT, THOUGH RISK IS RISING- Fed rate cuts have been supportive and timely
[08:01] {bruce} we should create a multi billion dollar hedge fund
[08:02] {bruce} and register it in the states folks
[08:02] {bruce} that way
[08:02] {bruce} when we make huge losses
[08:02] {bruce} the fed will be there to bail us out
[08:02] {bruce} can't lose
[08:02] {magoo} ROFLOL
[08:03] {Threei} GRMN 77 break long small shares if holding above .70
[08:04] {Threei} 1:1 was easy
[08:05] {bruce} nice pop - bid 77.01 but nver got in
[08:06] {magoo} i tried and no fill also
[08:06] {magoo} fast
[08:06] {dptl} i got 50 shares
[08:06] {dptl} got out +.39
[08:07] {bruce} whats your feel vad - retreating now - worth try again?
[08:07] {bruce} nice win dp
[08:07] {Threei} no feel bruce... it's kind of one time deal on each setup
[08:07] {Threei} no continuation
[08:08] {bruce} k - that was what I figured
[08:08] {Threei} dp, you know inflation is of concern for bank of canada right?
[08:08] {Threei} I mean, don't spend it all at once
[08:08] {Threei} you can cause inflation spike singlehandedly
[08:08] {dptl} ok
[08:08] {dptl} :)
[08:09] {Threei} what price did you get btw?
[08:09] {Threei} on entry
[08:09] {dptl} 77
[08:09] {bruce} .39 is peanuts dp - vadster promised us yesterday he no longer counts any wins less than .60
[08:09] {bruce} so waiting for those calls today
[08:10] {Threei} I count them but call them horrible trades, bruce
[08:10] {bruce} lol
[08:10] {bruce} ther - grmn just gave . if we'd been able to get in
[08:10] {bruce} and had nerve to hold
[08:11] {Threei} nerve alone is not enough for such trade - need also to sever all brain connections with other organs
[08:12] {bruce} yes
[08:12] {bruce} especailly kidneys
[08:13] {Threei} GRMN seems to follow NQ weith little delay
[08:13] {bruce} nvda losing support
[08:13] {Threei} .72 new setup GRMN
[08:14] {Threei} stop under .40
[08:18] {Threei} not this time
[08:18] {BillyD} yesh, educated guessing game on these kind
[08:18] {magoo} its trading with the QQQQ
[08:22] {esemde} i'm otta here.....see ya tamara
[08:22] {magoo} bye es
[08:23] {Threei} take care ese
[08:23] {esemde} see ta mags
[08:23] {esemde} vad
[08:25] {magoo} qqq powers up...grmn goes
[08:25] {Threei} true... it's just this up and down on NQ(QQQQ) has not much readability to it
[08:26] {magoo} agree with that
[08:26] {bruce} bye ese
[08:27] {Threei} chart wise this is a setup again
[08:27] {Threei} and this time it works
[08:27] {Threei} go figure
[08:28] {BillyD} then next you might try and it don't....lol
[08:28] {Threei} so let's play odd ones and skip even
[08:28] {BillyD} then next time you don't try it does
[08:28] {BillyD} exactly
[08:29] {Threei} even setup, buy off 78
[08:29] {Threei} skipping
[08:31] {Threei} guess what - it worked... I give up, alignment of planets is the only way today . That, and tea leaves
[08:32] {Threei} odd one, buy off 78 again
[08:33] {bruce} chicken entrails vad - thats the answer
[08:33] {Threei} good idea
[08:33] {bruce} messy though
[08:34] {bruce} need to get mags doing it
[08:34] {magoo} did it
[08:34] {bruce} thought so mags
[08:35] {magoo} out here .30
[08:35] {Threei} you took it mags?
[08:35] {Threei} cool beans
[08:35] {magoo} 11:32] {Threei} odd one, buy off 78 again
[08:35] {Threei} yeah, but even one worked just before that
[08:35] {magoo} 11:35] {magoo} out here .30
[08:36] {Threei} and chicken entrails said, "long trip and fortune at the end of it"
[08:36] {Threei} going to double check with 8-ball
[08:38] {dino} out meli .25b +.50
[08:38] {bruce} nice dino
[08:38] {bruce} eslr short?
[08:38] {Threei} notice, no downdraft this time for GRMN as NQ went down
[08:39] {Threei} looks like long again on .50 break
[08:39] {dino} thx bruce, took awhile
[08:39] {Threei} no read on ESLR bruce
[08:39] {bruce} k vad
[08:40] {Threei} from the chart, it doesn't really work on breakdowns
[08:40] {Threei} shorting bounces is the way for it
[08:40] {dino} cov ilnm .43, ave +.35
[08:40] {dino} toughy
[08:40] {Threei} no kidding dino
[08:40] {dino} lol
[08:41] {dino} no it will die cause i covered
[08:41] {dino} wore me out
[08:41] {BillyD} lol
[08:41] {dino} tcbi drop
[08:42] {dino} too fast
[08:44] {bruce} syna possible long off .73?
[08:45] {Threei} stop would be .45... a bit too far for my taste
[08:45] {Threei} if you can regulate it with size, sure
[08:46] {dino} ugh ilmn
[08:46] {bruce} k
[08:46] {bruce} like the pattern - hate the stop
[08:47] {bruce} skiperony
[08:50] {Threei} lol
[08:51] {Threei} get a pen, tie it up to mule's tail, get mule drunk, put a peuice of peper under the pen and needle mule with something sharp - what you get will be the chart of NASDAQ today
[08:51] {bruce} ayi break vadster?
[08:52] {Threei} stop would be .75
[08:52] {Threei} see if you can get a pullback
[08:52] {Threei} closer to stop level
[08:52] {Threei} I am not sure it has 20 cents potential from here if breaks
[08:54] {bruce} k-
[08:54] {bruce} skipping again
[08:55] {bruce} they drink w mules in the old country vad?
[08:55] {dino} penn drop
[08:55] {bruce} now thats entertainment
[08:55] {Threei} who knows... I ahven't been there for 12 years
[08:55] {dino} gme ups and drops big
[08:56] {Threei} CPHD small shares long
[08:56] {Threei} right here
[08:56] {Threei} stop .94
[09:01] {dino} gme l .22, stop .98
[09:04] {dino} penn double bottom or crash
[09:06] {dino} double, missed
[09:09] {dino} penn l .55
[09:09] {bruce} nice entry dino
[09:09] {bruce} .25 stop?
[09:10] {dino} .19
[09:11] {dino} wide today
[09:11] {Threei} roeder, see dcc please
[09:13] {dino} on your own bruce
[09:14] {bruce} k dino
[09:14] {dino} hard at .80
[09:14] {dino} stop that is
[09:15] {dino} out slippage ave .76, +.21
[09:15] {dino} wow, shooo
[09:16] {dino} you ok?
[09:16] {dino} waiting at 51.70, small
[09:16] {Threei} FED'S BERNANKE:ADDITIONAL POLICY EASING MAY BE NECESSARY
[09:16] {Roman} Today After the Close
[09:16] {Roman}
[09:16] {Roman}
[09:16] {Roman} Today's In Play
[09:16] {Roman}
[09:16] {Roman}
[09:16] {Roman} 12:16 Bernanke says additional policy easing may well be necessary- Bloomberg
[09:16] {Roman}
[09:16] {Roman} 12:05 Crude Oil trades off of session lows of $93.25pbl, now off $1.53 to $94.14pbl
[09:16] {Roman}
[09:16] {Roman} 12:01 CAH Cardinal Health: Hearing upgraded intraday at tier 1 firm (60.06 +1.48) -Update-
[09:16] {Roman}
[09:16] {Roman} 12:01 LPTH LightPath announces its subsidiary, LightPath Optical Instrumentation, signed a multi-year sales agreement with a Chinese Industrial Tool Manufacturer (2.09
[09:17] {Threei} propping market up
[09:17] {BillyD} yes
[09:17] {Roman} sorry
[09:17] {dino} such wisdom out of bernie
[09:17] {bruce} got out flat dino
[09:17] {Threei} as always
[09:17] {BillyD} give the world a carrot berne
[09:18] {dino} gj bruce
[09:18] {dino} sorry about the fast drop, i use the hard stops for protection
[09:18] {bruce} thanx
[09:18] {bruce} flats OK w me
[09:18] {bruce} me too
[09:18] {dino} oh mann meli
[09:19] {Threei} stop to 28.05 CPHD
[09:20] {dino} penn small l .70, risky
[09:21] {dino} gme stop to .48
[09:22] {BillyD} these ARCA issues gotta go
[09:22] {Threei} (UPDATE) PREVIEW: FED CHAIRMAN BERNANKE AND K.C. FED PRES. HOENIG SCHEDULED TO SPEAK ABOUT THE US ECONOMIC OUTLOOK AT 1PMET
[09:23] {dino} gme to .74
[09:23] {dino} ]\gme to .88
[09:23] {dino} out penn .30, +.60
[09:24] {bruce} agreed billy
[09:24] {dino} gme to .02
[09:24] {bruce} nice dino
[09:24] {bruce} too fast for me
[09:24] {dino} ty
[09:25] {dino} out gme major slippage .92, +.70
[09:25] {bruce} and my level 2 got messed up so didn't take it
[09:25] {dino} nyse sucks w/hard stops
[09:25] {dino} penn drops again
[09:26] {dino} brb
[09:26] {BillyD} not in CPHD, but geez, no move at all
[09:26] {Threei} stubborn seller at .20 keeps the lid on it
[09:27] {Threei} this NVDA pullback is buyable
[09:27] {magoo} how i clean up these bad quotes vad?
[09:28] {Threei} same way as you eliminated EDGX book
[09:28] {Threei} ARCAb to hide
[09:28] {dino} just turned a slow day into over day, so taking a break and a walk
[09:28] {bruce} heck of a spike in qs
[09:28] {magoo} u hidieing inet?
[09:28] {bruce} q"s
[09:28] {Threei} in NVDA
[09:29] {Threei} INET? I see ARCAb as a culprit
[09:29] {magoo} message board said inet?
[09:30] {Threei} I don't see bad quotes by INET
[09:30] {bruce} and arca vad - both mentioned
[09:30] {Threei} by ARCA I do
[09:30] {Threei} .19 stop NVDA
[09:33] {BillyD} no luv
[09:34] {Threei} NQ all the way back
[09:34] {magoo} back up?
[09:35] {Threei} went all the way back down
[09:35] {dptl} stopped nvda .-25..couldn't get out for some reason
[09:36] {BillyD} timing pullbacks tough lately
[09:37] {Threei} no kidding... if pullback from .70 to .30 is not it, what is
[09:38] {magoo} vad, u got a second?
[09:38] {BillyD} I took 1/2 at .42 near original b/o and the a little more at .27 and the stopped .22
[09:38] {BillyD} renetered at .10 and out .20 and .27
[09:39] {Threei} mags?
[09:39] {magoo} i tried to hide arcab with no suceess
[09:39] {bruce} he's busy checking chicken guts vad
[09:39] {magoo} u walk me thru it?
[09:40] {magoo} go to hidden mm
[09:40] {Threei} yes
[09:40] {BillyD} type arb
[09:40] {bruce} type in for arca and click add button mags
[09:40] {Threei} type APB
[09:40] {Threei} ARB
[09:40] {magoo} box above ADD type arcab
[09:40] {Threei} no
[09:40] {BillyD} YES
[09:40] {Threei} ARB
[09:40] {BillyD} SORRY
[09:41] {magoo} APB too?
[09:41] {Threei} no
[09:41] {Threei} that was mistype
[09:41] {Threei} ARB
[09:41] {Threei} Add
[09:41] {Threei} check Hide box
[09:41] {Threei} click OK
[09:42] {magoo} click apply first, then ok?
[09:42] {BillyD} magoo....do you not see the ECN Book ID's box with the codes for each ECN to typew
[09:42] {Threei} doesn't matter
[09:42] {Threei} billy... you mistakenly assume he can read
[09:42] {magoo} THANX, now what sym to ditch BATSB
[09:43] {BillyD} lol
[09:43] {Threei} see? :)
[09:43] {magoo} wheres ECN ID box?
[09:43] {Threei} ECN book IDs in the right column would tell you: BPB = BATS Book
[09:43] {Threei} prividing you paid attention :)
[09:44] {magoo} sorry but right column where?
[09:45] {Threei} under Hidden MM tab
[09:45] {Threei} ISB = INET Book
[09:45] {Threei} ARB = ARCA Book
[09:45] {Threei} BPB = BATS Book
[09:45] {Threei} GAB = EDGA Book
[09:45] {Threei} GXB = EDGX Book
[09:45] {Threei} NYB = NYSE Open Book
[09:45] {magoo} CRAP
[09:46] {Threei} no such symbol
[09:46] {magoo} slaop the shit out of me
[09:46] {magoo} SORRY GUYS
[09:46] * BillyD slaps magoo around a bit with a large trout
[09:46] * BillyD slaps magoo around a bit with a large trout
[09:46] {BillyD} :)
[09:46] * bruce slaps magoo around a bit with a large trout
[09:46] * bruce slaps magoo around a bit with a large trout
[09:46] * bruce slaps magoo around a bit with a large trout
[09:47] {bruce} not to be outdone by billy
[09:47] {bruce} can slap with the best of em
[09:47] {BillyD} hehe
[09:47] {bruce} majopr tricky day
[09:48] {bruce} I'm putting in my order for two of those + .60 trades right now vad
[09:48] {bruce} taking break now though so don't post till I get back
[09:48] {patience} strong up day for me bruce, in gold scalps and currency options
[09:49] {bruce} cool patience
[09:49] {bruce} I'm green too
[09:49] {bruce} not much - but good to be green
[09:49] {patience} no kidding
[09:49] {magoo} wait bruce wAITT
[09:49] * magoo slaps bruce around a bit with a large trout
[09:49] {bruce} its easy for me
[09:50] {bruce} I just hold breath till I turn green
[09:50] {bruce} ah- the slap that refreshes
[09:51] {bruce} I din't know anyone here traded options
[09:51] {bruce} would be great if you could share some of your trading techniques on a quiet day patience
[09:51] {magoo} grmn may be good here
[09:51] {patience} i do options, but i adopted scalping approach to them, don't hold for more than day or two if that
[09:51] {bruce} k
[09:52] {patience} i look for momo, which is what i do best, then use vad's scalping approach
[09:52] {bruce} do you use options for some of the major stocks?
[09:52] {patience} only major stocks
[09:53] {bruce} k
[09:53] {bruce} I see stocks like goog make bigt moves daily
[09:53] {bruce} but huge expense to play
[09:54] {bruce} options might be good alernate strategy
[09:54] {patience} i don't buy the techs much except for very small timeframe scalping
[09:54] {bruce} k
[09:54] {bruce} and you use a sepaate trading account for thaqt?
[09:55] {patience} i have a number of accounts - different purposes, different markets
[09:55] {bruce} k
[09:56] {bruce} you're way ahead of me
[09:56] {bruce} still trying to learn to play stocks
[09:56] {bruce} back in bit
[09:56] {Threei} IDIX beyond belief
[10:00] {magoo} u think mkt goes up hard on big BEN speach vad?
[10:01] {magoo} or too obvious
[10:01] {Threei} it did,
[10:01] {Threei} and dropped all the way back
[10:01] {magoo} well, hes coming live now correct?
[10:01] {Threei} and returned to its meaningless up and down again
[10:05] {magoo} but now hes LIVE
[10:05] {magoo} as if he was dead before lol
[10:06] {Threei} lol
[10:10] {hawkfan4} SEED perking up vad
[10:10] {Threei} this one is momo in the making
[10:11] {Threei} sooner or later
[10:17] {dino} .
[10:19] {Threei} FED'S HOENIG: SEES RISING INFLATIONARY PRESSURES, YET ECONOMY HAS BEEN UNDER CONSIDERABLE STRESS
[10:20] {Threei} practically each statement by all these guys is coming from both sides of their mouth
[10:21] {Threei} why do they even bother to speak
[10:22] {dino} my point too vad, why bother, they just contribute to chaos.
[10:22] {Threei} and deepen state of confusion that was not too shallow to begin with
[10:23] {dino} cnbc on, vol. off, internet radio playing, thats the set-up
[10:31] {Threei} SOLF
[10:31] {Threei} getting its head up again
[10:32] {Threei} a bit stronger than market
[10:33] {Threei} no defin ite setup yet but keeping an eye in case it shapes up
[10:36] {Threei} NQ, now what?
[10:37] {dino} death
[10:37] {Threei} FED'S BERNANKE: TREASURY BACKED PLAN A VERY GOOD FIRST STEP - Q&A- Says cannot address mortgage one by one, must 'get up to scale'
[10:38] {Threei} someone needs to take a crayon from the kid, whoop his butt and send him to school
[10:38] {BillyD} where is he?
[10:38] {BillyD} I volunteer
[10:38] {Threei} I wish we knew
[10:41] {dino} hcls
[10:41] {dino} thin
[10:41] {dino} wsci
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[10:55] {Threei} if with all this help we close red today, new wave of selling is coming tomorrow
[10:55] {dino} perhaps, 3i, perhaps.......
[10:56] {dino} although, shorts take them down today and early tomorrow, they will cover into close, imo. afraiad early cut
[10:56] {dino} but then again...anything can happen
[11:05] {Threei} look at NQ chart and tell me mule comparison was off base...
[11:06] {Threei} honwestly, I've rarely seen it that chaotic
[11:11] {dino} omri
[11:12] {dino} fda approval
[11:12] {dino} gme l .65
[11:12] {Threei} RECEIVES FDA APPROVAL FOR GENERAL HEMOSTASIS IN SURGERY INDICATION FOR EVICEL LIQUID FIBRIN SEALAN
[11:12] {Threei} - The approval of the general hemostasis in surgery indication is based on the submission of clinical data related to three pivotal studies conducted in three different surgical procedures with
[11:14] {dino} nnds crash
[11:16] {Threei} YHOO
[11:16] {Threei} 24 long
[11:16] {magoo} yhoo slow?
[11:17] {Threei} depends
[11:17] {Threei} if loses 23.90 not interested
[11:19] {magoo} big mkt spike
[11:19] {Threei} #7
[11:21] {Threei} 6 previous ones were followed by just as big drops
[11:22] {magoo} what? u never heard of lucky sevens?
[11:23] {Threei} ETFC frenaied buying
[11:25] {Threei} US NAVY 5TH FLEET: 'NO WAY TO KNOW' THREAT CAME FROM IRAN BOATS - WIRE HEADLINE
[11:25] {Threei} what does it even mean?
[11:27] {dino} imagination
[11:34] {BillyD} drroy at hod, but overall hard to be entuisiasctic across the board
[11:34] {BillyD} DROOY
[11:36] {Threei} ETFC feels like dynamics change
[11:36] {Threei} not a hopeless selling anymore
[11:37] {magoo} is that correct symbol?
[11:37] {Threei} yes why?
[11:37] {dptl} out yhoo +.14 ty
[11:38] {magoo} not much movre to call hopeless
[11:38] {Threei} welcome
[11:46] {dptl} is .20 another entry yhoo?
[11:47] {Threei} in today's market, no confidence
[11:47] {dptl} ok
[11:47] {Threei} continuation and follow through were in high demand today
[11:47] {Threei} and very slim supply
[11:48] {Threei} but overall... there is some underlying feeling that mood is changing
[11:50] {bruce} aybe it's those little blue pills vad?
[11:50] {Threei} most likely
[11:51] {bruce} happy pills
[11:51] {bruce} it's OK to post your next .60 winning trade anytime now vad
[11:53] {bruce} cphd had nice run
[11:56] {Threei} OK, YHOO
[11:56] {Threei} looks worth a try now
[11:56] {dptl} in.21
[11:57] {dptl} stop?
[11:57] {Threei} I'd keep .14
[11:57] {dptl} ok
[11:57] {Threei} let it be tight
[11:57] {Threei} kind of "work right away or I don't want you" trade
[11:59] {Threei} HYNIX LOSING BID TO USE FTC FINDINGS IN RMBS LAWSUIT
[11:59] {bruce} in that case .30 exit target or so?
[12:00] {Threei} it did hit .30 quickly... looked good for a few more
[12:00] {bruce} agreed
[12:00] {bruce} damn pos
[12:00] {dptl} stopped
[12:01] {bruce} same dp
[12:01] {bruce} nice small stop though
[12:01] {dptl} yep
[12:02] {dino} back in 10
[12:02] {bruce} worth trying a bounce in yhoo - .05 or so vad?
[12:02] {bruce} wb dino
[12:02] {Threei} yes if NQ shows reversal to the upside
[12:06] {Threei} GRMN .85 break small shares
[12:07] {Threei} if stays above .50
[12:09] {magoo} in
[12:09] {Threei} mood IS changing
[12:10] {bruce} you take the red pills for mood change vad
[12:10] {bruce} out grmn +.15
[12:10] {bruce} no guts
[12:11] {Threei} had a chance on YHOO entry?
[12:11] {Threei} I didn't watch it at the moemnt, don't know if it was more or less readable
[12:11] {bruce} bid 07 but didn't get
[12:12] {magoo} oiut .03 TY
[12:16] {bruce} ilmn double bottom dino
[12:18] {BillyD} DROOY holds well
[12:18] {dino} or breakdown?
[12:19] {dino} its wicked
[12:19] {bruce} was just thinking same
[12:19] {Threei} if loses 70, should crash and burn
[12:19] {bruce} breakdown looks more likely dino
[12:26] {BillyD} watching ILMN....those .40 spikes too much
[12:27] {Threei} {ILMN} my middle name is Spikey
[12:27] {BillyD} lol
[12:27] {bruce} thinking short ilmn at .50 w .30 stop
[12:27] {BillyD} ?
[12:28] {magoo} it wouldn't lose 70 pre mkt
[12:28] {Threei} ETFC
[12:28] {Threei} ACTING CEO: BOARD SEARCH FOR CEO ON TRACK, SEES APPOINTMENT BY END OF FEB - WIRE HEADLINE
[12:29] {bruce} thanks mags
[12:29] {dino} out gme .89, +.24
[12:29] {BillyD} bruce you meant a }30 stop right
[12:29] {BillyD} .30
[12:30] {bruce} I meant entry short at 70.5 w stop at 70.8
[12:31] {BillyD} took me a while but I got it :)
[12:33] {bruce} mags is right though - w premarket support at 70 trade not worth taking
[12:33] {magoo} grmn read vad?ILMN long vad?
[12:33] {Threei} nope
[12:35] {Threei} ETFC maybe
[12:35] {magoo} whats potential?
[12:35] {magoo} BIG lot}?
[12:36] {Threei} if for scalp, yes... but I start thinking it may be worth taking usual lot on poullback and holding into torrow
[12:37] {dino} torrow?
[12:37] {Threei} sigh
[12:37] {Threei} +mo
[12:37] {dino} lol
[12:38] {bruce} too many happy pills dino
[12:38] {dino} switch to tequilla
[12:38] {bruce} he needs em w mags heckling
[12:38] * bruce slaps magoo around a bit with a large trout
[12:39] {Threei} and SEED, if market rallies... this thing is 11-12 bound
[12:39] {Threei} but I am venturing ionto Roman's territory
[12:39] {Threei} and is likely to get slapped by him
[12:42] {Threei} noticed the senetnce 'I is likely"? and Raven thought I could not possibly hit new lows grammar wise
[12:43] {Raven} pathetic
[12:43] {BillyD} R...are you lurking
[12:43] {Threei} and beyond
[12:43] {Raven} define your terms, BD
[12:44] {dino} raven w/attitude, oo, ohh
[12:44] * Raven slaps dino around a bit with a large trout
[12:44] {BillyD} never see you much anymore and I think Vad is talking to himself and there you are :)
[12:44] {Raven} lol
[12:44] {dino} lol
[12:44] {Raven} always watching, waiting
[12:44] {BillyD} rofl
[12:44] {Chaeron} I thought Ravens weren't predatory species... :)
[12:45] {Raven} opportunists, Ch
[12:45] * Chaeron renames Raven to Peregrine
[12:45] {Threei} you are not very good at botany, chaeron
[12:45] {Raven} lol ... too damn slow for that
[12:45] {Chaeron} 3i, lol
[12:45] {Raven} sigh
[12:46] {magoo} ravens ear road kills correct?
[12:46] {bruce} lol - botany isplants vad
[12:46] {magoo} ear=eat
[12:46] {dino} rbcn
[12:46] {Raven} fresh ones, magoo
[12:46] * Chaeron slaps magoo around a bit with a large trout
[12:47] {Threei} bruce... do I have to add "tongue deeply in cheek"? :)
[12:47] {dino} easy!
[12:47] {bruce} raven could be a dandelion
[12:48] {bruce} a dandy lion
[12:48] * Threei removes himself from trout trajectory
[12:48] {Raven} hmmm
[12:48] {Raven} dandy lion ?
[12:48] {Raven} perhaps
[12:48] {bruce} keeping us safe from vads language abuse
[12:48] {dino} good looking one i guess
[12:48] {Threei} it's just a weak try to avoid the imminent trouting by him R
[12:49] {bruce} lol
[12:49] * bruce slaps Raven around a bit with a large trout
[12:49] * bruce slaps Threei around a bit with a large trout
[12:49] {bruce} beat you both to punch
[12:49] {Threei} ah... offence is the best defence eh?
[12:49] * Raven slaps bruce with some aged road kill
[12:49] {magoo} really?
[12:49] * magoo slaps Threei around a bit with a large trout
[12:50] {bruce} bruce feeds road kill to his dogs
[12:50] {bruce} thanx raven
[12:50] {Raven} dogs barf it up
[12:50] {BillyD} lol
[12:50] {Raven} in bruce's chair
[12:50] {bruce} there goes ilmn billy
[12:51] {Threei} I am a peaceful citizen
[12:51] {BillyD} room was peaceful few minutes ago....hmmmm
[12:51] {BillyD} not yet bruce
[12:51] {Raven} will be peaceful in 9 minutes too
[12:51] {bruce} at .50 would have worked
[12:51] {Threei} I am a peaceful citizen... but my armored train is on a spare track
[12:51] {bruce} but my stop a bgit too narrow
[12:52] {BillyD} it's a tough one as vad says about Spikey
[12:52] {bruce} yes
[12:52] {magoo} ILMN @ 70
[12:53] {bruce} take off half here
[12:53] {BillyD} ETFC sells more than like here
[12:53] {bruce} and look for bigger drop in ilmn
[12:53] {bruce} that out of din's playbook
[12:53] {bruce} trying to learn how to do thoes
[12:54] {magoo} unbelievavble support at 70
[12:54] {bruce} \agreed mags - trde not worth tying on acount of that
[12:56] {dino} bruce, just add a buck to where you think it should go/hold, then wait. lots don't fill
[12:56] {bruce} k dino
[12:56] {Threei} amazing
[12:57] {Threei} finishes at 70 yet still holds
[12:57] {Threei} I'd say, toughest day since July
[12:57] {BillyD} wow
[12:58] {dino} hlcs stopped major slipped -.40, should've been -.24
[12:58] {Threei} didn't hjave that much troubles reading the move entire fall
[12:59] {Threei} and even august being what is was easier than today
[12:59] {dino} off my screen hlcs
[12:59] {BillyD} overall mkt move along with individual moves?
[12:59] {Threei} just in time dino
[12:59] {Threei} now you have 1 min to replace it with something else
[12:59] {Threei} everything billy
[12:59] {BillyD} ok
[12:59] {Threei} market, individual stopcks
[13:00] {Threei} nothing made any sense, nothing obeyed any pattern
[13:00] {dino} nnds overnight, sm
[13:00] {Threei} just one of those days
[13:00] {dino} thx all, 4 in a row, appreciate some great ideas
[13:00] {Threei} thank you all
[13:00] {Threei} have a good evening, see you tomorrow
[13:00] {BillyD} bye all
[13:00] {dptl} have a good evening all
[13:01] {bruce} night all
[13:01] {magoo} night all
[13:01] {bruce} time for me to get to work
[13:01] {dino} gotta hop, coahing son's basketball team
Thursday, January 10, 2008
Wednesday, January 9, 2008
January 9, 2008
Session Time: Wed Jan 09 00:00:00 2008
[08:29] {Threei}Good morning people
[08:30] {hawkfan4} good morning Vad :)
[08:31] {Threei}hawk :)
[08:31] {Threei}wow.. ETFC back from dead or what
[08:32] {hawkfan4} wow, don't see news
[08:33] {hawkfan4} oh wait, there is news
[08:33] {Threei}06:00am [ETFC] Establishes special committee to reduce risk in real estate portfolios
[08:33] {Threei}{shrug}
[08:33] {hawkfan4} 09-Jan-08 06:15 ET In Play E*TRADE reports initial progress of turnaround plan; says sold additional $3.0 bln of mortgage-backed securities and bonds (2.25 ) :
[08:38] {BillyD} morning vad, hawk
[08:38] {hawkfan4} morning billy
[08:38] {Threei}Billy :)
[08:38] {magoo} mornink comrades
[08:39] {Threei}magmeister
[08:40] {magoo} while watching ISIS today..lets remember it can be shorted
[08:41] {magoo} although..who knows?
[08:41] {magoo} prxi cut in half
[08:42] {Threei}yeah... you know how hesitant I am to short first day runners
[08:43] {magoo} yup
[08:43] {Threei}when they become old news and run out of gas, sure
[08:43] {Threei}too often we see them defying all the common sense and gravity on a first day
[08:51] {Threei}NASDAQ is down 8 days with 0ne up day inbetween, and even that was up bu what, 3 points NQ
[08:52] {dptl} good morning all
[08:52] {Threei}dp :)
[08:52] {magoo} dp:)
[09:00] {Threei}so far I don't see "hero of the day"
[09:00] {cosmo} QLGC?
[09:01] {Threei}06:15am [QLGC] Update: Guides Q4 EPS $0.27-0.28 v $0.24e, R $155-157M v $149.7Me
[09:01] {cosmo} .. who knows
[09:02] {Threei}BELM
[09:02] {Threei}ANNOUNCES RECORD QUARTERLY AND 2007 ANNUAL REVENUE
[09:02] {Threei}GUIDES Q4 R$1.08-1.1B V 1.01BE
[09:04] {Threei}son's report from Singapore:
[09:04] {Threei}people actually drive in their designated lanes.
[09:04] {Threei}after everywhere we've been, that's somehow creepy
[09:05] {cosmo} they 'cane' bad drivers maybe
[09:05] {cosmo} kane?
[09:06] {Threei}trout?
[09:07] {Threei}I don't see news DNDN
[09:09] {Threei}6.18 premarket high
[09:12] {esemde} good morning rt's
[09:12] {Threei}ese :)
[09:13] {esemde} morning Vad
[09:14] {cosmo} QLGC 14.50 resistance
[09:14] {cosmo} ETFC
[09:14] {Threei}this big offer at 5.99 on DNDN can be of help
[09:15] {cosmo} 2.65 pre mkt high ....etfc
[09:15] {Threei}if it opens between 5.90 and 6, then takes out this offer will be long
[09:16] {Threei}TASR's IQ is questioned
[09:16] {Threei}STINGER SYSTEMS ASKS FOR RE-EXAMINATION OF CO. INTELLECTUAL PROPERTY
[09:16] {dino} gm all
[09:16] {Threei}dino :)
[09:18] {Threei}anyone missed feds speeches lately?
[09:18] {Threei}PREVIEW: ST. LOUIS FED PRES. POOLE SCHEDULED TO SPEAK ABOUT SUBPRIME MORTGAGES AND FINANCIAL EDUCATION AT 9:30AMET
- There will be a prepared text and Q&A with the audience and the media.
[09:18] {Threei}- reminder: in his last public comments, on Nov 30, Poole said:
[09:18] {Threei}- Economy should not suffer to punish speculators; Fed Members must be ready to act contrary to Market expectations
[09:18] {dino} prxi, beats, drops, cfo resigns, hmmm
[09:18] {lumdus} morning all.
[09:18] {lumdus} 3i dcc
[09:18] {Threei}- Stable economy provides no guarantee that businesses, households protected from failure, policy should not be seen as bailing out markets
[09:18] {Threei}- Says responsibility to alleviate market, says when further rate cuts would ease financial turmoil, always approporiate for Fed to discuss, notes it is 'just not true' that Fed eases policy systematically when stock market drops, 1987 the exception
[09:18] {Threei}- Notes policy actions not to prevent losses from subprime but to restore market processes and normal functioning financial markets are crucial to economic growth,
[09:18] {Threei}- Says stock prices may be cushioned as a byproduct of policy
[09:20] {esemde} ya......thats what i was gonna say......
[09:23] {Threei}they get cushioned last couple weeks alright
[09:24] {Threei}smothered is more like it but I guess it's just a matter of wording
[09:29] {esemde} should be some bounce plays in solar CSIQ for one...
[09:32] {Threei}SEED
[09:32] {dino} risky, l meli .60
[09:33] {BillyD} volumes light
[09:33] {BillyD} overall
[09:33] {bruce} apol dino
[09:34] {dino} watching, pretty big beat last night
[09:35] {Threei}mags... ISIS is not shirtable anymore
[09:35] {magoo} what about "shOrtable?"
[09:36] {dino} fslr
[09:36] {bruce} meli stop dino?
[09:36] {BillyD} that sometimes happens Vad....in premkt it is and then it isn't
[09:36] {magoo} well..do the broker actually have to have it in inventory to short?
[09:37] {Threei}yes
[09:37] {cosmo} prxi
[09:37] {magoo} whats a "naked short"?not inventory
[09:37] {Threei}yes
[09:37] {magoo} man, continued pain in BIDU
[09:38] {Threei}CSIQ half lot long
[09:38] {BillyD} entry?
[09:38] {Threei}stop under 24.90
[09:39] {bruce} out meli + .40
[09:39] {Threei}don't chase above .20
[09:39] {Threei}was right then and there
[09:40] {Threei}anyone got it so I know whether to monitor and comment?
[09:40] {magoo} i missed
[09:40] {magoo} seed
[09:41] {Roman} 21 long IDIX
[09:43] {magoo} what entry u get on CSIQ?
[09:43] {Threei}.20
[09:43] {Threei}there was some wierd hiccup in SEED quotes
[09:43] {Threei}kept me from calling entry
[09:43] {magoo} me too
[09:43] {Roman} 21 AKNS
[09:43] {Roman} 21 long setup
[09:43] {Threei}anyone saw it or was it just my issue?
[09:43] {Roman} 21 small
[09:44] {magoo} i saw
[09:44] {Threei}OK
[09:45] {bruce} Roman - thanx for all your calls last week while vadster was away
[09:45] {Roman} 21 yw
[09:46] {Threei}9.80 yes high SEED
[09:46] {Threei}may become today's momo if breaks
[09:46] {magoo} u in SEED?
[09:46] {dino} gs, rimm not following
[09:46] {Roman} 21 CROX
[09:46] {Roman} 21 bounce play
[09:47] {dino} gs sm l .50
[09:47] {Threei}very risky one SEED, see if you can get a feel of momo
[09:47] {magoo} u in SEE?D
[09:48] {Threei}I take the Fifth
[09:48] {BillyD} if holds .60 area ..a good sign imo
[09:48] {magoo} where'd u take the fifth?
[09:48] {dino} merli stop is .01
[09:49] {bruce} I'm out dino - thanx
[09:50] {lumdus} so what are we in ?
[09:50] {lumdus} i am out crox. tx roman
[09:51] {Threei}DNDN
[09:51] {Threei}6.03 long 5.94 stop
[09:52] {dino} out meli .25, +.65
[09:52] {magoo} mkts jitery
[09:52] {bruce} congrats dino
[09:53] {dino} ty
[09:54] {Threei}SEED .40 closest support, see if it comes close and shows strength for entry
[09:54] {BillyD} arca quotes all messed up
[09:54] {magoo} yes, quotes stink
[09:55] {BillyD} there just delayed
[09:55] {Threei}in
[09:55] {magoo} in
[09:55] {dptl} in.44
[09:55] {dptl} stop?
[09:56] {Threei}there won't be any stop
[09:56] {magoo} OY
[09:56] {Threei}OK, just kidding... keep it under .30
[09:58] {Threei}if breaks .60, move to under .40
[09:58] {esemde} bstop SUNH .98....risky
[09:58] {Threei}I mean "when" breaks .60
[09:59] {dptl} i am out +.15 ty
[09:59] {Threei}half out
[09:59] {Threei}want to see if it can break .80 and become a real deal
[10:00] {Threei}mags, protect some profit
[10:00] {dino} morn l .96
[10:00] {Threei}don't be maximalist
[10:00] {magoo} ok
[10:00] {dino} stop lod
[10:00] {dptl} dndn still valid?
[10:00] {Threei}entry was as perfect as it gets, can't let it slip away
[10:01] {Threei}not sure DNDN... lost support, not much enthusiasm...
[10:01] {dptl} ok
[10:01] {dino} out gs 189.60, +1.10
[10:02] {BillyD} nice dino
[10:02] {Threei}BMRN
[10:02] {Threei}.81 long
[10:02] {Threei}half lot
[10:02] {esemde} long SUNH ,99
[10:02] {Threei}stop .65
[10:03] {lumdus} in hal
[10:03] {dino} ty bd
[10:03] {magoo} IN
[10:04] {dptl} in bmrn
[10:05] {Threei}stop to .69
[10:05] {esemde} nothing but air above this one....3year high
[10:05] {dino} stopped morn nf'ing slippage, -.35
[10:05] {Threei}SUNH ese?
[10:05] {esemde} yes
[10:05] {magoo} magoo smacking SEED in rear with 2x4
[10:06] {esemde} stop to 18,00
[10:06] {dptl} out bmrn +.15 ty
[10:06] {BillyD} out 1/2 BRMN +.13
[10:06] {Threei}1:1
[10:06] {Threei}welcome
[10:06] {BillyD} ty
[10:07] {esemde} sorry that stop to 17.90
[10:08] {BillyD} out rest BRMN +.18 and }27
[10:09] {BillyD} typo
[10:09] {BillyD} .27
[10:09] {dino} gj
[10:09] {BillyD} ty
[10:11] {Threei}what happened to GRMN
[10:11] {bruce} its going down vad
[10:11] {dino} same that happened to the other hi-flers
[10:11] {Threei}you don't say
[10:12] {bruce} indeed
[10:12] {magoo} out here BMRN .23TY
[10:12] {dino} couple downgrades yesterday, today, etc....you know, the efficeincy if the market
[10:12] {Threei}and I like their GPS... so much for "like the product - buy the stock" theory
[10:12] {BillyD} nice BRMN find Vad
[10:13] {Threei}even blind chicken...
[10:13] {Threei}out in full here
[10:13] {magoo} their gps has saved magoo's ass on occassion in the "big woods"
[10:13] {dino} although, maybe a nice bounce in here somewhere
[10:13] {BillyD} lol
[10:13] {Threei}and mine in San Diego concrete jungle, magoo :)
[10:13] {lumdus} out bmrn .29
[10:13] {magoo} both skerry lol
[10:13] {lumdus} 1/2 lot out
[10:13] {Threei}lol
[10:14] {Threei}good job lum
[10:14] {lumdus} other 1/2 i wait for
[10:14] {Threei}aren't you greedy one, lol
[10:14] {Threei}trail stop
[10:14] {Threei}don't let it go under 40 on you
[10:14] {dino} aapl l sm, wide
[10:15] {Threei}treat stock that went in your favor as your personal ATM - there is no way you lose money to ATM, right?
[10:15] {dino} .35'
[10:15] {Threei}you may take money out or not, but not lose
[10:15] {magoo} er, um, vad, it kept my card once
[10:15] {Threei}hmmm... what, you don't carry axe with you at all times???
[10:16] {lumdus} sto 40.19
[10:16] {magoo} i did look into camera and said a few explicatives
[10:16] {Threei}come on man... some things you simply don't leave your house without
[10:16] {Threei}ax being one of those
[10:18] {Threei}lum, if I were you... .15 is where I would move stop to
[10:19] {dino} grmn going for double bottom?
[10:19] {Threei}maybe, but confirmation level is way too far for my taste
[10:21] {Threei}deep wisdom is coming:
[10:21] {Threei}FED'S POOLE: SAYS CANNOT PREDICT OR EXPLAIN EXCHANGE RATES- In the long run the USD will reflect strength of US economy
[10:21] {dino} now why do you have to be that way?, :)
[10:21] {Threei}lol
[10:22] {Threei}FED'S POOLE:- WATCHING BOTH INFLATION AND RECESSION RISKS, TOO EARLY TO TELL IF HOUSING WILL CAUSE RECESSION, 2008 TO BE YEAR OF RISING GROWTH
- Investment professionals have made many mistakes.
[10:22] {Threei}- Notes economic fundamentals remain strong, and turmoil wil take a while to play out.
[10:22] {Threei}RIMM
[10:22] {Roman} 21 damn flippers destroyed US ecomomy
[10:22] {Threei}96 breakdown is short, small shares
[10:22] {Threei}lol Roman
[10:23] {liranm} Rimm stop?
[10:23] {Threei}don't touch it liran... RIMM is a stock that requires RIMM-specific skill
[10:23] {Threei}if you never played it, stay away
[10:23] {liranm} OK
[10:24] {magoo} f#cking quotes bads
[10:24] {dino} nice call rimm
[10:24] {magoo} missed rimm entry
[10:24] {Threei}this is example of "if you have to ask"... :)
[10:24] {magoo} my level lagging bad
[10:24] {Threei}hmmm
[10:24] {Threei}looks fine here
[10:24] {Threei}RIMM at least is ticking like clock
[10:24] {magoo} gggggrrrrrrrrrrrrrrr
[10:24] {BillyD} seems ok here
[10:24] * magoo slaps BillyD around a bit with a large trout
[10:25] {bruce} same mags
[10:25] {BillyD} other than a few arca delays
[10:25] * magoo slaps bruce around a bit with a large trout
[10:25] {Threei}anyone went for RIMM{ feel free to be out
[10:25] {dptl} ahhh should of stayd rimm.... ty
[10:25] {magoo} made my day if RIMM had filled
[10:25] {Threei}you scalped?
[10:25] {dptl} yes
[10:26] {Threei}don't be upset... you know RIMM
[10:26] {dptl} ye s
[10:26] {dino} l grmn .95 riskyyyyy
[10:26] {Threei}takes just a blink to find yourself in (insert your favorite expletive)
[10:26] {BillyD} pretty much feel play on RIMM Vad?
[10:27] {bruce} what made 96 a short breakdown for you vad?
[10:27] {BillyD} I see the 96 setup
[10:27] {Threei}mix of feel, market cooperation, technical support to break and knowing how RIMM tends to trade
[10:27] {BillyD} I wasn't sure of reliable stop area
[10:27] {Threei}there was none
[10:27] {BillyD} whewww
[10:28] {Threei}closest resistance was 96.50
[10:28] {BillyD} yeah
[10:28] {Threei}too far to serve as a stop
[10:28] {BillyD} were you watching it for a bit for feel
[10:28] {Threei}actually, knowing the way RIMM trades shorting bounce into it was the best way
[10:28] {dino} stopped -.45
[10:28] {Threei}but it happened so fast, I couldn't even type the comment in time
[10:29] {esemde} out SUNH at 18.06
[10:29] {esemde} decided not to wait for stop to be hit
[10:29] {esemde} +,07
[10:29] {bruce} I can't see the setup - looks like itcould have gone either way at 96
[10:29] {dino} major rinse
[10:29] {BillyD} it could have bruce
[10:30] {BillyD} Vad just played his feel
[10:30] {bruce} would be nice to learn to trade those fast movers billy
[10:30] {Threei}DOE CRUDE: -6.7M V -1.2ME; GASOLINE: +5.2M V +1.6ME; DISTILLATES: +1.5M V +1ME; UTILIZATION: % V 89.5%E
[10:30] {BillyD} only way for me is to watch them first for feel....not able to just pull up and determine
[10:31] {dino} same bd
[10:32] {bruce} akns - any read vad - looks short
[10:32] {BillyD} unless it has a solid setup structure with stop...then maybe.....normally lean to side of watching first
[10:35] {magoo} vad, u still in seed?
[10:35] {BillyD} nice spot bruce on AKNS...not available here
[10:36] {bruce} thanx billy
[10:36] {Threei}mags, took stop but reentered half lot
[10:37] {Threei}couldn't resist 9.30
[10:37] {magoo} ok, nice, i stilkl got half
[10:37] {Threei}scary way to play'em
[10:39] {dino} meli l .94
[10:40] {bruce} amzn dino
[10:40] {BillyD} Vad, what was your reason for .15 stop to lum on BMRN as stop...the 10:13 bar?
[10:41] {BillyD} or .19 likely to touch it if in area
[10:41] {dino} should bounce, but i always have trouble w/it. kind of magoo's baby
[10:41] {dino} amzn that is
[10:41] {bruce} k dino
[10:41] {bruce} looks to me close to reverse
[10:43] {Threei}billy, that, and 10:19 bar that bottomed out at .19
[10:44] {BillyD} I see noe
[10:44] {BillyD} now
[10:44] {lumdus} are we in anything now ?
[10:44] {Threei}nope
[10:45] {lumdus} good. need to regroup myself here
[10:45] {lumdus} i like klac what you think ?
[10:45] {esemde} long PRFT half lot 16 89 risky
[10:46] {esemde} stop .60
[10:46] {bruce} stra dino
[10:46] {Threei}KLAC looks reasonable
[10:46] {Threei}needs market help
[10:47] {esemde} i like the looks of that Vad
[10:47] {Threei}strong, nice consolidation... the only reservation about it is,
[10:48] {Threei}it's unlikely to go without NQ help, and NQ being what it is lately is not very good helper
[10:48] {esemde} indeed
[10:48] {lumdus} tx vad
[10:48] {Threei}SEED taking .50 again is nice sign mags
[10:49] {dino} dk stra
[10:49] {magoo} big offer .60and .70
[10:49] {Threei}hard to tell if it gains traction again for a serious break, but chance is there
[10:49] {magoo} eat .60 would help
[10:50] {Threei}going up over 10 would help even better {G}
[10:50] {magoo} ah..i agree
[10:51] {Threei}Roman's IDIX is honestly trying
[10:51] {BillyD} BMRN flirting with more here
[10:52] {esemde} stopped .60 PRFT *&%&^*&^^&&^$#$!
[10:53] {Threei}KLAC held nicely
[10:53] {magoo} entry?
[10:53] {lumdus} some reversal here ?
[10:53] {lumdus} magoo i got in .5
[10:53] {lumdus} .55
[10:54] {magoo} ok..good entry
[10:56] {dino} out meli .25, +.31
[11:00] {dino} sm l spwr 112.00
[11:07] {dino} wo0w drys
[11:09] {lumdus} s t
[11:10] {bruce} continued weakness in akns
[11:10] {dino} stopped spwr
[11:13] {lumdus} out t +.32
[11:14] {dino} pery strong
[11:17] {Roman} 21 out IDIX
[11:18] {Threei}nice one
[11:18] {Roman} 21 damn real estate speculators
[11:19] {Roman} 21 punks
[11:19] {Roman} 21 we have 2 in this room - not pointing fingers
[11:19] {Threei}back in SEED, half lot
[11:19] {dino} maybe it was the damn bankers
[11:19] {Threei}stop under 9
[11:20] {Roman} 21 :)
[11:20] {dino} hey, i made money on my flips, 18% in oct, and unfortunately in two weeks 10%
[11:21] {Threei}be afraid dino... Roman is boiling with righteous indignation and prepared a pillow to smother each and every RE speculator he comes across
[11:22] {Roman} 21 i am pissed i caught a falling knife on WM swing
[11:22] {dino} i'll tell you what, the multi-family units in this area are the price of a car/unit, not too bad imo. thats when i started 10+years ago
[11:22] {dino} theres money to be made, rents easily carry mtg
[11:23] {Threei}I say cars are horribly overpriced
[11:23] {Roman} 21 teach me dino how to make money in Real Esate
[11:23] {Roman} 21 i am signing up for seminar
[11:23] {dino} lol, you already know how i suspect
[11:24] {Roman} 21 i am real-estate flipper wannabe
[11:24] {Threei}carlton sheest will help you roman
[11:24] {BillyD} free set of sheets w/ every attendee
[11:24] {Threei}(at least that's what two last batches of spam e-mails told me)
[11:25] {Roman} 21 want to work 2 hours day and making a killing - REAL ESTATE is the answer
[11:25] {Roman} 21 chilling on the beach watching Brazilian girls all day - that's what i want to do
[11:25] {Threei}wow... you are a workaholic... I don't want to work at all
[11:26] {Roman} 21 get a Yatch
[11:26] {lumdus} why we back in seed ?
[11:26] {dino} rfr, keep this in mind, when unit cost is about the price of a 25-30k car, something, imo, is wrong.
[11:26] {Roman} 21 here in north miami you still can't get anyting decent under 300k
[11:26] {BillyD} dino, is the the current value now
[11:26] {Roman} 21 2 bed 2 back with a decent view
[11:26] {Threei}because it came back close to support, making stop tight enough, and showed signs or strength
[11:27] {Threei}or = of
[11:27] {dino} yes bd
[11:27] {lumdus} ok, tx
[11:27] {BillyD} pretty inexpensive considering rent potential
[11:28] {dino} indeed
[11:28] {BillyD} take those all day
[11:30] {dino} wow fslr down about 50 pts in 5 days
[11:35] {Threei}and still no signs of bounce in sight
[11:36] {lumdus} max i could short in fslr was 10 shares .. :)
[11:36] {dino} nov. it hit 200
[11:37] {lumdus} i shorted crox at 27.71 got only 100 filled. crap
[11:37] {dino} gj
[11:37] {lumdus} it was trading .73 when i hit the button. don't like that
[11:38] {Threei}looks like bounce time for FSLR
[11:39] {lumdus} tx 3i, i don't cach falling knives anymore. someone else needs to do that job
[11:39] {Threei}panic selling
[11:42] {bruce} thats for dino lum
[11:43] {lumdus} yes, i know bruce. just making the comment for myself
[11:43] {lumdus} mlnm going
[11:43] {BillyD} reading "Praticing the Power of Now".....much more concise and practical....fyi
[11:43] {lumdus} short mlnm 15.05
[11:43] {dino} good, i started the other and have to say, losing my attn
[11:43] {lumdus} i need some panic there so i can pay for lunch now
[11:44] {BillyD} yes dino, this one much better
[11:44] {dino} fed. emergency mtg, raises rates, let's kill them all...:)
[11:44] {BillyD} you get the meat
[11:45] {lumdus} mlnm too slow for me. needs to move down harder.
[11:46] {lumdus} ok, mlnm 1:1 about to get the heck out
[11:46] {lumdus} .94 stop on mlnm
[11:47] {dptl} brcm?
[11:47] {lumdus} no, mlnm
[11:47] {lumdus} lunch time for me - bye
[11:47] {Threei}tough one dp
[11:48] {dptl} looks like dbl btm
[11:48] {Threei}unless NQ breaks down again
[11:48] {dptl} ye true
[11:51] {Threei}sky is falling yet?
[11:52] {Threei}FSLR becomes hard to resist
[11:55] {Threei}see BRCM dp?
[11:55] {dptl} yes
[11:56] {Threei}this is typical "skill to stay on a sideline" moment
[11:56] {dino} yes
[12:02] {bruce} celg - any read vad?
[12:02] {Threei}UN: SEES US GROTH 2% IN 2008, 2.5% IN EU, 1.7% IN JAPAN, AND 3.4% WORLDWIDE
[12:02] {Threei}b reakout play
[12:02] {Threei}hard to define stop on it though
[12:03] {Threei}I'd stay away bruce
[12:03] {Threei}just not clear enough
[12:03] {bruce} k - thanx
[12:03] {Threei}and not really market for breakouts
[12:04] {dino} rimm l .50, sm
[12:04] {bruce} k
[12:08] {Threei}good one dino
[12:09] {dino} out rimm .99, +.49
[12:09] {dino} ty, lucky, it's lagging all day
[12:10] {dino} same w/gs
[12:11] {Threei}watching ISIS for bounce scalp
[12:12] {dino} man, fslr we chickened out on
[12:12] {Threei}I grabbed a scalp... but didn't have heart for real move
[12:13] {dino} i didn't have the b#lls, lol
[12:15] {Threei}can't blame you really... this one is tenfold scary vs RIMM
[12:15] {Threei}as if RIMM wasn't scary enough
[12:15] {dino} will only do 200 on fslr
[12:15] {BillyD} I think you really like the challenge Vad
[12:15] {dino} rimm just 300
[12:15] {Threei}I am adrenalin-deprived
[12:16] {BillyD} I think you are just good at what you do
[12:16] {dino} knocking meli
[12:16] {Threei}it was just impossible to resist around 209
[12:17] {Threei}but I need to learn to faint in such cases... and come out of it when it's up 5-6 points :)
[12:18] {Threei}otherwise scalpers instincts take over
[12:19] {Threei}telling myself, keep it, you got a great one and yout stop is ridiculously small for such a stock
[12:19] {Threei}self says, you are crazy, you got point and half, take it and go home
[12:19] {BillyD} oh, the dialogue
[12:20] {Threei}yes... then cat comes in, looks at me questioningly... why is this piece of furniture talks to himself
[12:20] {BillyD} lol
[12:20] {Threei}then wife comes in, says "you are talking to yourscreens again? medication doesn't work or you forgot to take it?"
[12:21] {Threei}pressure from all sides, you see...
[12:21] {BillyD} yes, too many voices
[12:21] {Threei}and I don't even count little green men...
[12:22] {Threei}OK, ISIS
[12:22] {Threei}.51 long
[12:22] {Threei}if stays above .40
[12:22] {Threei}just a scalp most likely
[12:23] {dino} feels like novembers' market
[12:24] {dptl} in .51 isis
[12:24] {Threei}qwhy dp?
[12:24] {Threei}just pulling your leg... sorry :)
[12:25] {dptl} :)
[12:27] {dino} sm l rimm .20
[12:28] {dptl} nvda?
[12:29] {Threei}chart wise, long at .20 break... but the question is, do you trust market to move up more?
[12:29] {dptl} ok
[12:30] {Threei}let's trail ISIS to under .45
[12:30] {Threei}I'd expect more resolve from it on .50 break
[12:30] {Threei}it's still valid but I'd prefer to keep tighter lid on stops
[12:32] {Threei}was so tempted by SED at 8.80 and hesitated... whimp
[12:32] {Threei}SEED
[12:32] {dptl} stoped isis
[12:32] {BillyD} yes
[12:40] {esemde} ladies and gentlemen...have a great rest of the day
[12:40] {Threei}take care ese :)
[12:40] {esemde} see ya vad
[12:40] {patience} bye ese
[12:41] {Threei}MBRN held rather well
[12:41] {Threei}BMRN
[12:42] {Threei}no play unless NQ continue recovery
[12:43] {dino} rimm stopped -.35
[12:48] {bruce} rmbs long?
[12:48] {Threei}I don't see anything compelling on it bruce... may work, may not with the same chance
[12:49] {bruce} k
[12:49] {Threei}for all these stocks that mostly follow NASDAQ, I would like to see real NQ bounce first
[12:49] {dino} aaee
[12:49] {dino} aaww
[12:50] {Threei}what we have now is just a fibble technical recovery, not convincing by any means
[12:50] {Threei}NQ daily seems almost riped for sizeable bounce
[12:51] {Threei}but this "almost" may take many more stops if you atempt to forecast the moment of actual bottom
[12:51] {Threei}not the way I prefer to play it
[12:53] {Threei}SEED feels to me like momo in the making, tripped of general market selling
[12:53] {Threei}big bid at .10 appeared a few min ago and absorbed all the selling
[12:54] {BillyD} deep pullbacks last few days but recovers
[12:59] {dino} big bounce coming imo
[13:00] {Threei}BMRN
[13:00] {Threei}half lot long with .29 stop
[13:00] {BillyD} yes but where entry
[13:00] {Threei}on what?
[13:00] {dino} rimm l .00, sm wide
[13:00] {BillyD} BMRN
[13:01] {Threei}no exact trigger, take it as buying comes in as long as size of stop is acceptable
[13:02] {BillyD} all I needed
[08:29] {Threei}Good morning people
[08:30] {hawkfan4} good morning Vad :)
[08:31] {Threei}hawk :)
[08:31] {Threei}wow.. ETFC back from dead or what
[08:32] {hawkfan4} wow, don't see news
[08:33] {hawkfan4} oh wait, there is news
[08:33] {Threei}06:00am [ETFC] Establishes special committee to reduce risk in real estate portfolios
[08:33] {Threei}{shrug}
[08:33] {hawkfan4} 09-Jan-08 06:15 ET In Play E*TRADE reports initial progress of turnaround plan; says sold additional $3.0 bln of mortgage-backed securities and bonds (2.25 ) :
[08:38] {BillyD} morning vad, hawk
[08:38] {hawkfan4} morning billy
[08:38] {Threei}Billy :)
[08:38] {magoo} mornink comrades
[08:39] {Threei}magmeister
[08:40] {magoo} while watching ISIS today..lets remember it can be shorted
[08:41] {magoo} although..who knows?
[08:41] {magoo} prxi cut in half
[08:42] {Threei}yeah... you know how hesitant I am to short first day runners
[08:43] {magoo} yup
[08:43] {Threei}when they become old news and run out of gas, sure
[08:43] {Threei}too often we see them defying all the common sense and gravity on a first day
[08:51] {Threei}NASDAQ is down 8 days with 0ne up day inbetween, and even that was up bu what, 3 points NQ
[08:52] {dptl} good morning all
[08:52] {Threei}dp :)
[08:52] {magoo} dp:)
[09:00] {Threei}so far I don't see "hero of the day"
[09:00] {cosmo} QLGC?
[09:01] {Threei}06:15am [QLGC] Update: Guides Q4 EPS $0.27-0.28 v $0.24e, R $155-157M v $149.7Me
[09:01] {cosmo} .. who knows
[09:02] {Threei}BELM
[09:02] {Threei}ANNOUNCES RECORD QUARTERLY AND 2007 ANNUAL REVENUE
[09:02] {Threei}GUIDES Q4 R$1.08-1.1B V 1.01BE
[09:04] {Threei}son's report from Singapore:
[09:04] {Threei}people actually drive in their designated lanes.
[09:04] {Threei}after everywhere we've been, that's somehow creepy
[09:05] {cosmo} they 'cane' bad drivers maybe
[09:05] {cosmo} kane?
[09:06] {Threei}trout?
[09:07] {Threei}I don't see news DNDN
[09:09] {Threei}6.18 premarket high
[09:12] {esemde} good morning rt's
[09:12] {Threei}ese :)
[09:13] {esemde} morning Vad
[09:14] {cosmo} QLGC 14.50 resistance
[09:14] {cosmo} ETFC
[09:14] {Threei}this big offer at 5.99 on DNDN can be of help
[09:15] {cosmo} 2.65 pre mkt high ....etfc
[09:15] {Threei}if it opens between 5.90 and 6, then takes out this offer will be long
[09:16] {Threei}TASR's IQ is questioned
[09:16] {Threei}STINGER SYSTEMS ASKS FOR RE-EXAMINATION OF CO. INTELLECTUAL PROPERTY
[09:16] {dino} gm all
[09:16] {Threei}dino :)
[09:18] {Threei}anyone missed feds speeches lately?
[09:18] {Threei}PREVIEW: ST. LOUIS FED PRES. POOLE SCHEDULED TO SPEAK ABOUT SUBPRIME MORTGAGES AND FINANCIAL EDUCATION AT 9:30AMET
- There will be a prepared text and Q&A with the audience and the media.
[09:18] {Threei}- reminder: in his last public comments, on Nov 30, Poole said:
[09:18] {Threei}- Economy should not suffer to punish speculators; Fed Members must be ready to act contrary to Market expectations
[09:18] {dino} prxi, beats, drops, cfo resigns, hmmm
[09:18] {lumdus} morning all.
[09:18] {lumdus} 3i dcc
[09:18] {Threei}- Stable economy provides no guarantee that businesses, households protected from failure, policy should not be seen as bailing out markets
[09:18] {Threei}- Says responsibility to alleviate market, says when further rate cuts would ease financial turmoil, always approporiate for Fed to discuss, notes it is 'just not true' that Fed eases policy systematically when stock market drops, 1987 the exception
[09:18] {Threei}- Notes policy actions not to prevent losses from subprime but to restore market processes and normal functioning financial markets are crucial to economic growth,
[09:18] {Threei}- Says stock prices may be cushioned as a byproduct of policy
[09:20] {esemde} ya......thats what i was gonna say......
[09:23] {Threei}they get cushioned last couple weeks alright
[09:24] {Threei}smothered is more like it but I guess it's just a matter of wording
[09:29] {esemde} should be some bounce plays in solar CSIQ for one...
[09:32] {Threei}SEED
[09:32] {dino} risky, l meli .60
[09:33] {BillyD} volumes light
[09:33] {BillyD} overall
[09:33] {bruce} apol dino
[09:34] {dino} watching, pretty big beat last night
[09:35] {Threei}mags... ISIS is not shirtable anymore
[09:35] {magoo} what about "shOrtable?"
[09:36] {dino} fslr
[09:36] {bruce} meli stop dino?
[09:36] {BillyD} that sometimes happens Vad....in premkt it is and then it isn't
[09:36] {magoo} well..do the broker actually have to have it in inventory to short?
[09:37] {Threei}yes
[09:37] {cosmo} prxi
[09:37] {magoo} whats a "naked short"?not inventory
[09:37] {Threei}yes
[09:37] {magoo} man, continued pain in BIDU
[09:38] {Threei}CSIQ half lot long
[09:38] {BillyD} entry?
[09:38] {Threei}stop under 24.90
[09:39] {bruce} out meli + .40
[09:39] {Threei}don't chase above .20
[09:39] {Threei}was right then and there
[09:40] {Threei}anyone got it so I know whether to monitor and comment?
[09:40] {magoo} i missed
[09:40] {magoo} seed
[09:41] {Roman} 21 long IDIX
[09:43] {magoo} what entry u get on CSIQ?
[09:43] {Threei}.20
[09:43] {Threei}there was some wierd hiccup in SEED quotes
[09:43] {Threei}kept me from calling entry
[09:43] {magoo} me too
[09:43] {Roman} 21 AKNS
[09:43] {Roman} 21 long setup
[09:43] {Threei}anyone saw it or was it just my issue?
[09:43] {Roman} 21 small
[09:44] {magoo} i saw
[09:44] {Threei}OK
[09:45] {bruce} Roman - thanx for all your calls last week while vadster was away
[09:45] {Roman} 21 yw
[09:46] {Threei}9.80 yes high SEED
[09:46] {Threei}may become today's momo if breaks
[09:46] {magoo} u in SEED?
[09:46] {dino} gs, rimm not following
[09:46] {Roman} 21 CROX
[09:46] {Roman} 21 bounce play
[09:47] {dino} gs sm l .50
[09:47] {Threei}very risky one SEED, see if you can get a feel of momo
[09:47] {magoo} u in SEE?D
[09:48] {Threei}I take the Fifth
[09:48] {BillyD} if holds .60 area ..a good sign imo
[09:48] {magoo} where'd u take the fifth?
[09:48] {dino} merli stop is .01
[09:49] {bruce} I'm out dino - thanx
[09:50] {lumdus} so what are we in ?
[09:50] {lumdus} i am out crox. tx roman
[09:51] {Threei}DNDN
[09:51] {Threei}6.03 long 5.94 stop
[09:52] {dino} out meli .25, +.65
[09:52] {magoo} mkts jitery
[09:52] {bruce} congrats dino
[09:53] {dino} ty
[09:54] {Threei}SEED .40 closest support, see if it comes close and shows strength for entry
[09:54] {BillyD} arca quotes all messed up
[09:54] {magoo} yes, quotes stink
[09:55] {BillyD} there just delayed
[09:55] {Threei}in
[09:55] {magoo} in
[09:55] {dptl} in.44
[09:55] {dptl} stop?
[09:56] {Threei}there won't be any stop
[09:56] {magoo} OY
[09:56] {Threei}OK, just kidding... keep it under .30
[09:58] {Threei}if breaks .60, move to under .40
[09:58] {esemde} bstop SUNH .98....risky
[09:58] {Threei}I mean "when" breaks .60
[09:59] {dptl} i am out +.15 ty
[09:59] {Threei}half out
[09:59] {Threei}want to see if it can break .80 and become a real deal
[10:00] {Threei}mags, protect some profit
[10:00] {dino} morn l .96
[10:00] {Threei}don't be maximalist
[10:00] {magoo} ok
[10:00] {dino} stop lod
[10:00] {dptl} dndn still valid?
[10:00] {Threei}entry was as perfect as it gets, can't let it slip away
[10:01] {Threei}not sure DNDN... lost support, not much enthusiasm...
[10:01] {dptl} ok
[10:01] {dino} out gs 189.60, +1.10
[10:02] {BillyD} nice dino
[10:02] {Threei}BMRN
[10:02] {Threei}.81 long
[10:02] {Threei}half lot
[10:02] {esemde} long SUNH ,99
[10:02] {Threei}stop .65
[10:03] {lumdus} in hal
[10:03] {dino} ty bd
[10:03] {magoo} IN
[10:04] {dptl} in bmrn
[10:05] {Threei}stop to .69
[10:05] {esemde} nothing but air above this one....3year high
[10:05] {dino} stopped morn nf'ing slippage, -.35
[10:05] {Threei}SUNH ese?
[10:05] {esemde} yes
[10:05] {magoo} magoo smacking SEED in rear with 2x4
[10:06] {esemde} stop to 18,00
[10:06] {dptl} out bmrn +.15 ty
[10:06] {BillyD} out 1/2 BRMN +.13
[10:06] {Threei}1:1
[10:06] {Threei}welcome
[10:06] {BillyD} ty
[10:07] {esemde} sorry that stop to 17.90
[10:08] {BillyD} out rest BRMN +.18 and }27
[10:09] {BillyD} typo
[10:09] {BillyD} .27
[10:09] {dino} gj
[10:09] {BillyD} ty
[10:11] {Threei}what happened to GRMN
[10:11] {bruce} its going down vad
[10:11] {dino} same that happened to the other hi-flers
[10:11] {Threei}you don't say
[10:12] {bruce} indeed
[10:12] {magoo} out here BMRN .23TY
[10:12] {dino} couple downgrades yesterday, today, etc....you know, the efficeincy if the market
[10:12] {Threei}and I like their GPS... so much for "like the product - buy the stock" theory
[10:12] {BillyD} nice BRMN find Vad
[10:13] {Threei}even blind chicken...
[10:13] {Threei}out in full here
[10:13] {magoo} their gps has saved magoo's ass on occassion in the "big woods"
[10:13] {dino} although, maybe a nice bounce in here somewhere
[10:13] {BillyD} lol
[10:13] {Threei}and mine in San Diego concrete jungle, magoo :)
[10:13] {lumdus} out bmrn .29
[10:13] {magoo} both skerry lol
[10:13] {lumdus} 1/2 lot out
[10:13] {Threei}lol
[10:14] {Threei}good job lum
[10:14] {lumdus} other 1/2 i wait for
[10:14] {Threei}aren't you greedy one, lol
[10:14] {Threei}trail stop
[10:14] {Threei}don't let it go under 40 on you
[10:14] {dino} aapl l sm, wide
[10:15] {Threei}treat stock that went in your favor as your personal ATM - there is no way you lose money to ATM, right?
[10:15] {dino} .35'
[10:15] {Threei}you may take money out or not, but not lose
[10:15] {magoo} er, um, vad, it kept my card once
[10:15] {Threei}hmmm... what, you don't carry axe with you at all times???
[10:16] {lumdus} sto 40.19
[10:16] {magoo} i did look into camera and said a few explicatives
[10:16] {Threei}come on man... some things you simply don't leave your house without
[10:16] {Threei}ax being one of those
[10:18] {Threei}lum, if I were you... .15 is where I would move stop to
[10:19] {dino} grmn going for double bottom?
[10:19] {Threei}maybe, but confirmation level is way too far for my taste
[10:21] {Threei}deep wisdom is coming:
[10:21] {Threei}FED'S POOLE: SAYS CANNOT PREDICT OR EXPLAIN EXCHANGE RATES- In the long run the USD will reflect strength of US economy
[10:21] {dino} now why do you have to be that way?, :)
[10:21] {Threei}lol
[10:22] {Threei}FED'S POOLE:- WATCHING BOTH INFLATION AND RECESSION RISKS, TOO EARLY TO TELL IF HOUSING WILL CAUSE RECESSION, 2008 TO BE YEAR OF RISING GROWTH
- Investment professionals have made many mistakes.
[10:22] {Threei}- Notes economic fundamentals remain strong, and turmoil wil take a while to play out.
[10:22] {Threei}RIMM
[10:22] {Roman} 21 damn flippers destroyed US ecomomy
[10:22] {Threei}96 breakdown is short, small shares
[10:22] {Threei}lol Roman
[10:23] {liranm} Rimm stop?
[10:23] {Threei}don't touch it liran... RIMM is a stock that requires RIMM-specific skill
[10:23] {Threei}if you never played it, stay away
[10:23] {liranm} OK
[10:24] {magoo} f#cking quotes bads
[10:24] {dino} nice call rimm
[10:24] {magoo} missed rimm entry
[10:24] {Threei}this is example of "if you have to ask"... :)
[10:24] {magoo} my level lagging bad
[10:24] {Threei}hmmm
[10:24] {Threei}looks fine here
[10:24] {Threei}RIMM at least is ticking like clock
[10:24] {magoo} gggggrrrrrrrrrrrrrrr
[10:24] {BillyD} seems ok here
[10:24] * magoo slaps BillyD around a bit with a large trout
[10:25] {bruce} same mags
[10:25] {BillyD} other than a few arca delays
[10:25] * magoo slaps bruce around a bit with a large trout
[10:25] {Threei}anyone went for RIMM{ feel free to be out
[10:25] {dptl} ahhh should of stayd rimm.... ty
[10:25] {magoo} made my day if RIMM had filled
[10:25] {Threei}you scalped?
[10:25] {dptl} yes
[10:26] {Threei}don't be upset... you know RIMM
[10:26] {dptl} ye s
[10:26] {dino} l grmn .95 riskyyyyy
[10:26] {Threei}takes just a blink to find yourself in (insert your favorite expletive)
[10:26] {BillyD} pretty much feel play on RIMM Vad?
[10:27] {bruce} what made 96 a short breakdown for you vad?
[10:27] {BillyD} I see the 96 setup
[10:27] {Threei}mix of feel, market cooperation, technical support to break and knowing how RIMM tends to trade
[10:27] {BillyD} I wasn't sure of reliable stop area
[10:27] {Threei}there was none
[10:27] {BillyD} whewww
[10:28] {Threei}closest resistance was 96.50
[10:28] {BillyD} yeah
[10:28] {Threei}too far to serve as a stop
[10:28] {BillyD} were you watching it for a bit for feel
[10:28] {Threei}actually, knowing the way RIMM trades shorting bounce into it was the best way
[10:28] {dino} stopped -.45
[10:28] {Threei}but it happened so fast, I couldn't even type the comment in time
[10:29] {esemde} out SUNH at 18.06
[10:29] {esemde} decided not to wait for stop to be hit
[10:29] {esemde} +,07
[10:29] {bruce} I can't see the setup - looks like itcould have gone either way at 96
[10:29] {dino} major rinse
[10:29] {BillyD} it could have bruce
[10:30] {BillyD} Vad just played his feel
[10:30] {bruce} would be nice to learn to trade those fast movers billy
[10:30] {Threei}DOE CRUDE: -6.7M V -1.2ME; GASOLINE: +5.2M V +1.6ME; DISTILLATES: +1.5M V +1ME; UTILIZATION: % V 89.5%E
[10:30] {BillyD} only way for me is to watch them first for feel....not able to just pull up and determine
[10:31] {dino} same bd
[10:32] {bruce} akns - any read vad - looks short
[10:32] {BillyD} unless it has a solid setup structure with stop...then maybe.....normally lean to side of watching first
[10:35] {magoo} vad, u still in seed?
[10:35] {BillyD} nice spot bruce on AKNS...not available here
[10:36] {bruce} thanx billy
[10:36] {Threei}mags, took stop but reentered half lot
[10:37] {Threei}couldn't resist 9.30
[10:37] {magoo} ok, nice, i stilkl got half
[10:37] {Threei}scary way to play'em
[10:39] {dino} meli l .94
[10:40] {bruce} amzn dino
[10:40] {BillyD} Vad, what was your reason for .15 stop to lum on BMRN as stop...the 10:13 bar?
[10:41] {BillyD} or .19 likely to touch it if in area
[10:41] {dino} should bounce, but i always have trouble w/it. kind of magoo's baby
[10:41] {dino} amzn that is
[10:41] {bruce} k dino
[10:41] {bruce} looks to me close to reverse
[10:43] {Threei}billy, that, and 10:19 bar that bottomed out at .19
[10:44] {BillyD} I see noe
[10:44] {BillyD} now
[10:44] {lumdus} are we in anything now ?
[10:44] {Threei}nope
[10:45] {lumdus} good. need to regroup myself here
[10:45] {lumdus} i like klac what you think ?
[10:45] {esemde} long PRFT half lot 16 89 risky
[10:46] {esemde} stop .60
[10:46] {bruce} stra dino
[10:46] {Threei}KLAC looks reasonable
[10:46] {Threei}needs market help
[10:47] {esemde} i like the looks of that Vad
[10:47] {Threei}strong, nice consolidation... the only reservation about it is,
[10:48] {Threei}it's unlikely to go without NQ help, and NQ being what it is lately is not very good helper
[10:48] {esemde} indeed
[10:48] {lumdus} tx vad
[10:48] {Threei}SEED taking .50 again is nice sign mags
[10:49] {dino} dk stra
[10:49] {magoo} big offer .60and .70
[10:49] {Threei}hard to tell if it gains traction again for a serious break, but chance is there
[10:49] {magoo} eat .60 would help
[10:50] {Threei}going up over 10 would help even better {G}
[10:50] {magoo} ah..i agree
[10:51] {Threei}Roman's IDIX is honestly trying
[10:51] {BillyD} BMRN flirting with more here
[10:52] {esemde} stopped .60 PRFT *&%&^*&^^&&^$#$!
[10:53] {Threei}KLAC held nicely
[10:53] {magoo} entry?
[10:53] {lumdus} some reversal here ?
[10:53] {lumdus} magoo i got in .5
[10:53] {lumdus} .55
[10:54] {magoo} ok..good entry
[10:56] {dino} out meli .25, +.31
[11:00] {dino} sm l spwr 112.00
[11:07] {dino} wo0w drys
[11:09] {lumdus} s t
[11:10] {bruce} continued weakness in akns
[11:10] {dino} stopped spwr
[11:13] {lumdus} out t +.32
[11:14] {dino} pery strong
[11:17] {Roman} 21 out IDIX
[11:18] {Threei}nice one
[11:18] {Roman} 21 damn real estate speculators
[11:19] {Roman} 21 punks
[11:19] {Roman} 21 we have 2 in this room - not pointing fingers
[11:19] {Threei}back in SEED, half lot
[11:19] {dino} maybe it was the damn bankers
[11:19] {Threei}stop under 9
[11:20] {Roman} 21 :)
[11:20] {dino} hey, i made money on my flips, 18% in oct, and unfortunately in two weeks 10%
[11:21] {Threei}be afraid dino... Roman is boiling with righteous indignation and prepared a pillow to smother each and every RE speculator he comes across
[11:22] {Roman} 21 i am pissed i caught a falling knife on WM swing
[11:22] {dino} i'll tell you what, the multi-family units in this area are the price of a car/unit, not too bad imo. thats when i started 10+years ago
[11:22] {dino} theres money to be made, rents easily carry mtg
[11:23] {Threei}I say cars are horribly overpriced
[11:23] {Roman} 21 teach me dino how to make money in Real Esate
[11:23] {Roman} 21 i am signing up for seminar
[11:23] {dino} lol, you already know how i suspect
[11:24] {Roman} 21 i am real-estate flipper wannabe
[11:24] {Threei}carlton sheest will help you roman
[11:24] {BillyD} free set of sheets w/ every attendee
[11:24] {Threei}(at least that's what two last batches of spam e-mails told me)
[11:25] {Roman} 21 want to work 2 hours day and making a killing - REAL ESTATE is the answer
[11:25] {Roman} 21 chilling on the beach watching Brazilian girls all day - that's what i want to do
[11:25] {Threei}wow... you are a workaholic... I don't want to work at all
[11:26] {Roman} 21 get a Yatch
[11:26] {lumdus} why we back in seed ?
[11:26] {dino} rfr, keep this in mind, when unit cost is about the price of a 25-30k car, something, imo, is wrong.
[11:26] {Roman} 21 here in north miami you still can't get anyting decent under 300k
[11:26] {BillyD} dino, is the the current value now
[11:26] {Roman} 21 2 bed 2 back with a decent view
[11:26] {Threei}because it came back close to support, making stop tight enough, and showed signs or strength
[11:27] {Threei}or = of
[11:27] {dino} yes bd
[11:27] {lumdus} ok, tx
[11:27] {BillyD} pretty inexpensive considering rent potential
[11:28] {dino} indeed
[11:28] {BillyD} take those all day
[11:30] {dino} wow fslr down about 50 pts in 5 days
[11:35] {Threei}and still no signs of bounce in sight
[11:36] {lumdus} max i could short in fslr was 10 shares .. :)
[11:36] {dino} nov. it hit 200
[11:37] {lumdus} i shorted crox at 27.71 got only 100 filled. crap
[11:37] {dino} gj
[11:37] {lumdus} it was trading .73 when i hit the button. don't like that
[11:38] {Threei}looks like bounce time for FSLR
[11:39] {lumdus} tx 3i, i don't cach falling knives anymore. someone else needs to do that job
[11:39] {Threei}panic selling
[11:42] {bruce} thats for dino lum
[11:43] {lumdus} yes, i know bruce. just making the comment for myself
[11:43] {lumdus} mlnm going
[11:43] {BillyD} reading "Praticing the Power of Now".....much more concise and practical....fyi
[11:43] {lumdus} short mlnm 15.05
[11:43] {dino} good, i started the other and have to say, losing my attn
[11:43] {lumdus} i need some panic there so i can pay for lunch now
[11:44] {BillyD} yes dino, this one much better
[11:44] {dino} fed. emergency mtg, raises rates, let's kill them all...:)
[11:44] {BillyD} you get the meat
[11:45] {lumdus} mlnm too slow for me. needs to move down harder.
[11:46] {lumdus} ok, mlnm 1:1 about to get the heck out
[11:46] {lumdus} .94 stop on mlnm
[11:47] {dptl} brcm?
[11:47] {lumdus} no, mlnm
[11:47] {lumdus} lunch time for me - bye
[11:47] {Threei}tough one dp
[11:48] {dptl} looks like dbl btm
[11:48] {Threei}unless NQ breaks down again
[11:48] {dptl} ye true
[11:51] {Threei}sky is falling yet?
[11:52] {Threei}FSLR becomes hard to resist
[11:55] {Threei}see BRCM dp?
[11:55] {dptl} yes
[11:56] {Threei}this is typical "skill to stay on a sideline" moment
[11:56] {dino} yes
[12:02] {bruce} celg - any read vad?
[12:02] {Threei}UN: SEES US GROTH 2% IN 2008, 2.5% IN EU, 1.7% IN JAPAN, AND 3.4% WORLDWIDE
[12:02] {Threei}b reakout play
[12:02] {Threei}hard to define stop on it though
[12:03] {Threei}I'd stay away bruce
[12:03] {Threei}just not clear enough
[12:03] {bruce} k - thanx
[12:03] {Threei}and not really market for breakouts
[12:04] {dino} rimm l .50, sm
[12:04] {bruce} k
[12:08] {Threei}good one dino
[12:09] {dino} out rimm .99, +.49
[12:09] {dino} ty, lucky, it's lagging all day
[12:10] {dino} same w/gs
[12:11] {Threei}watching ISIS for bounce scalp
[12:12] {dino} man, fslr we chickened out on
[12:12] {Threei}I grabbed a scalp... but didn't have heart for real move
[12:13] {dino} i didn't have the b#lls, lol
[12:15] {Threei}can't blame you really... this one is tenfold scary vs RIMM
[12:15] {Threei}as if RIMM wasn't scary enough
[12:15] {dino} will only do 200 on fslr
[12:15] {BillyD} I think you really like the challenge Vad
[12:15] {dino} rimm just 300
[12:15] {Threei}I am adrenalin-deprived
[12:16] {BillyD} I think you are just good at what you do
[12:16] {dino} knocking meli
[12:16] {Threei}it was just impossible to resist around 209
[12:17] {Threei}but I need to learn to faint in such cases... and come out of it when it's up 5-6 points :)
[12:18] {Threei}otherwise scalpers instincts take over
[12:19] {Threei}telling myself, keep it, you got a great one and yout stop is ridiculously small for such a stock
[12:19] {Threei}self says, you are crazy, you got point and half, take it and go home
[12:19] {BillyD} oh, the dialogue
[12:20] {Threei}yes... then cat comes in, looks at me questioningly... why is this piece of furniture talks to himself
[12:20] {BillyD} lol
[12:20] {Threei}then wife comes in, says "you are talking to yourscreens again? medication doesn't work or you forgot to take it?"
[12:21] {Threei}pressure from all sides, you see...
[12:21] {BillyD} yes, too many voices
[12:21] {Threei}and I don't even count little green men...
[12:22] {Threei}OK, ISIS
[12:22] {Threei}.51 long
[12:22] {Threei}if stays above .40
[12:22] {Threei}just a scalp most likely
[12:23] {dino} feels like novembers' market
[12:24] {dptl} in .51 isis
[12:24] {Threei}qwhy dp?
[12:24] {Threei}just pulling your leg... sorry :)
[12:25] {dptl} :)
[12:27] {dino} sm l rimm .20
[12:28] {dptl} nvda?
[12:29] {Threei}chart wise, long at .20 break... but the question is, do you trust market to move up more?
[12:29] {dptl} ok
[12:30] {Threei}let's trail ISIS to under .45
[12:30] {Threei}I'd expect more resolve from it on .50 break
[12:30] {Threei}it's still valid but I'd prefer to keep tighter lid on stops
[12:32] {Threei}was so tempted by SED at 8.80 and hesitated... whimp
[12:32] {Threei}SEED
[12:32] {dptl} stoped isis
[12:32] {BillyD} yes
[12:40] {esemde} ladies and gentlemen...have a great rest of the day
[12:40] {Threei}take care ese :)
[12:40] {esemde} see ya vad
[12:40] {patience} bye ese
[12:41] {Threei}MBRN held rather well
[12:41] {Threei}BMRN
[12:42] {Threei}no play unless NQ continue recovery
[12:43] {dino} rimm stopped -.35
[12:48] {bruce} rmbs long?
[12:48] {Threei}I don't see anything compelling on it bruce... may work, may not with the same chance
[12:49] {bruce} k
[12:49] {Threei}for all these stocks that mostly follow NASDAQ, I would like to see real NQ bounce first
[12:49] {dino} aaee
[12:49] {dino} aaww
[12:50] {Threei}what we have now is just a fibble technical recovery, not convincing by any means
[12:50] {Threei}NQ daily seems almost riped for sizeable bounce
[12:51] {Threei}but this "almost" may take many more stops if you atempt to forecast the moment of actual bottom
[12:51] {Threei}not the way I prefer to play it
[12:53] {Threei}SEED feels to me like momo in the making, tripped of general market selling
[12:53] {Threei}big bid at .10 appeared a few min ago and absorbed all the selling
[12:54] {BillyD} deep pullbacks last few days but recovers
[12:59] {dino} big bounce coming imo
[13:00] {Threei}BMRN
[13:00] {Threei}half lot long with .29 stop
[13:00] {BillyD} yes but where entry
[13:00] {Threei}on what?
[13:00] {dino} rimm l .00, sm wide
[13:00] {BillyD} BMRN
[13:01] {Threei}no exact trigger, take it as buying comes in as long as size of stop is acceptable
[13:02] {BillyD} all I needed
Tuesday, January 8, 2008
January 8, 2008
Session Start: Tue Jan 08 00:00:00 2008
Session Time: Tue Jan 08 00:00:00 2008
[05:37] {BillyD} morning RT
[05:40] {Threei} Good morning
[05:40] {BillyD} Vad :)
[05:41] {Threei} Billy :)
[05:42] {Threei} ISIS
[05:42] {Threei} big gap but pullback from high is getting decent too
[05:43] {Threei} Pharmaceuticals Inc Concludes strategic alliance with Genzyme; Company to be paid $325M upon closing in equity and cash
[05:43] {Threei} - Genzyme will pay Company $150M to purchase 5M shares of Company's common stock at $30/shr on Hart-Scott-Rodino clearance.
[05:43] {Threei} - Upon completion of final contracts, Genzyme will pay Company a $175M up-front license fee for mipomersen, the Company's lipid-lowering treatment for high-risk cardiovascular patients. In addition to this initial $325M, Company has the potential to receive signifi
[05:43] {Threei} significant milestone payments for mipomersen, which is currently undergoing Phase III trials. Once the product has been launched, the two companies will share profits
[05:43] {Threei} - Deal has up to $750M in potential commerical milestones.
[05:43] {Threei} - Genzyme will develop and commercialize mipomersen, and will have preferred access to future drugs for CNS and certain rare diseases.
[05:44] {hawkfan4} good morning all
[05:44] {Threei} hawk :)
[05:45] {BillyD} morning hawk
[05:45] {hawkfan4} Vad, Billy :)
[05:47] {magoo} morn
[05:48] {BillyD} magoo :)
[05:49] {dptl} good morning all
[05:49] {Threei} magoo, dp :)
[05:51] {magoo} genz is paying to ISIS vad?
[05:52] {Threei} sounds this way
[05:58] {dino} gm all
[05:58] {Threei} dino :)
[05:59] {esemde} morning RT's
[05:59] {Threei} ese :)
[06:00] {esemde} how was your first day back Vad......feel rusty
[06:00] {esemde} SBUX moving on my radar
[06:01] {dino} new ceo i think
[06:01] {Threei} profitable, so me is satisfied... as for rusty - I feel rusty 24/7/365
[06:02] {cosmo} i call it patina
[06:02] {Threei} but couple drops of WD40 in the morning do a miracle
[06:03] {Threei} no more sqeak in the knee or elbow
[06:05] {esemde} ISIS...Genzyme to license it's cholesterol-lowering treatment
[06:05] {esemde} up %48
[06:06] {Threei} was almost 23, and close to 30 yest after hours
[06:06] {magoo} u reading ISIS vad?
[06:07] {Threei} rather watching to see if it's readable
[06:09] {Threei} shortable btw
[06:09] {magoo} near 30 afterhrs?
[06:10] {Threei} yes
[06:10] {Threei} I guess that part in news talking about 30 per share was miscostrued as actual buyout
[06:29] {BillyD} .
[06:29] {Threei} good point
[06:29] {BillyD} want to make sure motor is running
[06:30] {magoo} watching fslr for a lil recovery
[06:33] {BillyD} ISIS is blistering
[06:33] {Threei} half lot long ISIS with stop under .40
[06:33] {Threei} lol, lost .40 before comment even went through
[06:37] {lumdus} maybe isis this leg down ?
[06:38] {bruce} hway dino
[06:38] {BillyD} tough one
[06:39] {lumdus} yeah, dough to read. maybe next dump i go in.
[06:39] {dino} hway dk, last two days jumpy
[06:41] {Threei} NVDA short with stop above 27
[06:41] {BillyD} here
[06:41] {lumdus} in isis 18.57 out 18.90
[06:41] {lumdus} tx vad
[06:41] {Threei} invalidated before showed weakness
[06:42] {esemde} out AMMD from yesterday .96 +.16
[06:44] {bruce} matk short?
[06:45] {Threei} if loses .40
[06:46] {bruce} sbux holdinghighs - long?
[06:47] {dino} vrus bit crazy last two days
[06:47] {Threei} SBUX .31 with .19 stop, yes
[06:48] {dino} meli l .49
[06:48] {BillyD} in SBUX .31
[06:48] {magoo} me too
[06:48] {dptl} in.31
[06:50] {Threei} sheesh
[06:50] {BillyD} out
[06:50] {dptl} out
[06:50] {Threei} wtf
[06:50] {lumdus} wow that was quick
[06:51] {magoo} ISIS vad?read on it?
[06:51] {bruce} drat -p worked over in sbux and missed matk
[06:51] {magoo} feels higher
[06:53] {Threei} no read mags
[06:54] {Roman} long CPST
[06:54] {Roman} 1.82 1/2 size
[06:56] {esemde} anyone thinking Long ISIS around .56
[06:56] {magoo} i am..but its risky..hl
[06:56] {esemde} anyone thinking long isis around .56
[06:57] {magoo} should go 20 area
[06:57] {esemde} I'll be with ya
[06:59] {esemde} hmmm maybe not
[07:00] {Threei} NOV PENDING HOME SALES (M/M): -2.6% V -0.7%E
[07:00] {Threei} JAN IBD/TIPP ECONOMIC OPTIMISM: 43.2 V 43.0E
[07:01] {esemde} LEAP into the picture......
[07:02] {esemde} nice play on words there
[07:03] {bruce} edge is STILL ending delayed quotes
[07:03] {BillyD} I have edge off permanently for my quotes
[07:03] {Threei} me too, got tired of weeding it out every day
[07:05] {BillyD} CYTR
[07:05] {BillyD} see no news
[07:05] {magoo} so do i
[07:06] {Threei} nice one CPST Roman, ty
[07:06] {Roman} yw
[07:06] {Threei} BMRN, half lot long .17
[07:06] {Threei} if stays above 39
[07:08] {BillyD} in .17
[07:09] {magoo} in .17
[07:09] {dptl} in.18
[07:09] {dino} meli out .26,
[07:10] {dino} +.77
[07:10] {Threei} you own this one dino
[07:10] {magoo} no he doesn't..sdold it
[07:10] {dino} lucky thats all
[07:11] {bruce} stop just under 39 for bmrn?
[07:11] {Threei} yes
[07:13] {Threei} IDIX?
[07:14] {Threei} I see no fresh news
[07:14] {Threei} 3 break loks interesting on daily
[07:15] {dino} drys l .50
[07:15] {Threei} am I cursed today or what?
[07:15] {Roman} looking long CSIQ
[07:15] {esemde} long SBUX .39
[07:15] {dptl} stoped bmrn
[07:16] {esemde} 1/2 lot
[07:17] {Roman} watching CSIQ if breaks 24.5
[07:20] {bruce} is qcom long break worth try - would prefer more volume in it
[07:21] {Roman} in CSIQ
[07:22] {Roman} small. 24.45 area
[07:24] {dino} out drys .68, +1.18
[07:24] {Roman} long CSUN
[07:25] {Roman} 14.10
[07:25] {dino} tough crowd huh magoo?
[07:25] {esemde} nice one Roman CSIQ
[07:25] {BillyD} gj dino :)
[07:26] {dino} ty bd
[07:29] {esemde} SBUX should make at least 21 i think...
[07:30] {magoo} dependsa on mkt imho
[07:30] {Threei} sure, it shook us out so skilfully earlier, why not
[07:30] {magoo} if reverses..down sbux goes
[07:30] {magoo} actually vad...i just vcut it .54
[07:30] {magoo} lol
[07:31] {magoo} go ahead and slap me
[07:31] {Threei} what, you decided blowing stops is a better strategy? :)
[07:31] {Threei} no need... market will
[07:31] {magoo} no..but it really didn't look bad to my "feel"
[07:32] {magoo} but, i did take your bmrn stop
[07:32] {magoo} and your first stop
[07:32] {Threei} first?
[07:32] {dino} s rok .24
[07:32] {magoo} u off to shaky start boss {as i run for cover}
[07:33] {Threei} nah, you stay, I go back to sleep
[07:34] {magoo} watching solf fior bounce
[07:34] {esemde} out SBUX .77 +.38
[07:34] {BillyD} wtg ese
[07:35] {esemde} tks
[07:35] {magoo} nice ES
[07:35] {patience} nice ese
[07:35] {dino} etg ese
[07:35] {esemde} made the 21 mark
[07:36] {dino} wtg
[07:36] {magoo} hey vad..my level 2 has a bad ARCAB quote all the time, any thoughts on it, like as in we ditched edge
[07:36] {Threei} kill it same way
[07:36] {magoo} well..i do not want to kill arcab do i?
[07:37] {dino} burn 'em all magoo, burn 'em all
[07:37] {Threei} if it has bad quotes you do... if not you don't...
[07:37] {Threei} I don't see wrong quotes on it
[07:38] {magoo} pull up bmrn
[07:38] {magoo} bmrn
[07:38] {magoo} 38.80
[07:38] {Threei} not here
[07:38] {Threei} ARCAb 38.99 right now
[07:38] {BillyD} not here
[07:38] {Threei} .98
[07:39] {Threei} none at .80
[07:39] {magoo} sheesh..i do stuill
[07:39] {magoo} server?
[07:39] {Threei} 17
[07:39] {BillyD} 7
[07:39] {magoo} weird still there
[07:39] {dptl} 14
[07:40] {magoo} oh well
[07:41] {magoo} i like solf long here .25
[07:42] {magoo} canx that
[07:43] {magoo} man..choppy out there
[07:44] {BillyD} yeah, just thinking...can't really see anything
[07:45] {lumdus} s esrx
[07:45] {bruce} amgn on radar dino
[07:46] {lumdus} esrx short 75.47 sto at b/e
[07:46] {dino} amgn raised guidance fwiw
[07:46] {lumdus} vad, esrx looks very weak ? i got that right?
[07:47] {bruce} nice play lum
[07:47] {dino} would've worked brucer, nice spot
[07:47] {lumdus} bruce, today i am trying to be very careful.
[07:48] {lumdus} damm, sold 1/2 lot and almost b/e on esrx.wtf
[07:50] {dino} risky sm s vrus .00
[07:50] {lumdus} jbht might do it ?
[07:51] {bruce} wow - 70 c spread dino
[07:52] {lumdus} jbht low volume ach
[07:52] {Threei} ISIS long.76
[07:52] {Threei} stop under .70
[07:53] {dino} yeah, you know me, :), thats why small
[07:53] {dino} had it too, but got greedy
[07:54] {dptl} in .78
[07:55] {dptl} out+.12 ty
[07:55] {Threei} out 19.05
[07:55] {BillyD} nice Vad....
[07:55] {dino} qmar
[07:56] {lumdus} out 19.06 tx vad
[07:56] {Threei} welcome
[07:57] {dino} gj guys
[07:57] {BillyD} how did I not get a fill on it and everyone else did....
[07:58] {lumdus} i use mbt billD
[07:58] {dino} (un)lucky
[07:58] {BillyD} lol
[07:58] {dino} :)
[07:59] {magoo} u suk?he he
[07:59] {Threei} what's with GERN today?
[08:00] {Threei} Roman, any idea? you keep an eye on this one often
[08:00] {Roman} nothing special on it
[08:00] {Threei} just a bounce?
[08:01] {Roman} yep
[08:02] {dino} vrus stopped -.50 sm
[08:02] {lumdus} we taking GERN ?
[08:03] {magoo} roman, u still in CSIQ?
[08:03] {Roman} no
[08:04] {Threei} SEED long if 9 is scrolling
[08:04] {Threei} risky one
[08:06] {dino} markets approaching lod
[08:07] {magoo} rfr, ty
[08:07] {Threei} ISIS feels like preparing surprise
[08:07] {magoo} getting faster
[08:07] {dino} qmar s .88, stop .16
[08:09] {Threei} pullback buy ISIS
[08:09] {magoo} close to 19?
[08:09] {Threei} I doubt it's going that low
[08:09] {magoo} might not get there
[08:10] {Threei} .30 closest support so far
[08:10] {magoo} feels like 20plus
[08:11] {Threei} market weakens... would like a little help from it
[08:11] {dptl} you in?
[08:11] {Threei} but if holding here while NQ downticks, even better indication of squeeze coming
[08:11] {Threei} not yet dp
[08:11] {Threei} want to see fast buying returning
[08:11] {BillyD} if holds..take .50 area then?
[08:12] {BillyD} cancel that
[08:12] {esemde} I'm outta here...have a great rest of the day....
[08:12] {Threei} take care ese
[08:12] {bruce} bye ese
[08:12] {magoo} bye es
[08:12] {Threei} touched 19... too fast for entry
[08:14] {Threei} NQ still dumping... doesn't instill confidence
[08:15] {dino} cov qmar .64, +.24
[08:16] {Threei} ok in
[08:16] {Threei} can't resist, stop under 19
[08:16] {Threei} may take reentry
[08:16] {Threei} hard to tell here
[08:16] {lumdus} where ISIS ?
[08:16] {Threei} .08
[08:17] {dptl} .03
[08:17] {Threei} come on NQ, raise your head
[08:17] {lumdus} jumpy one isis
[08:19] {magoo} held fairly well vad
[08:19] {Threei} but still doesn't reverse for real
[08:19] {lumdus} magoo make sure fingure on sell button :)
[08:19] {Threei} this long hesitation can resolve any way
[08:19] {magoo} .40 area turned it back now 3 times
[08:21] {Threei} NQ looks better
[08:22] {Threei} let's do it ISIS
[08:22] {lumdus} isis had too many head fakes' for me
[08:23] {magoo} out
[08:24] {lumdus} a break of 19.00 and wamm !
[08:24] {magoo} short loss 19
[08:24] {lumdus} now that's a grade ..
[08:24] {lumdus} grade=trade
[08:24] {dptl} out
[08:27] {dptl} damn
[08:31] {BillyD} there are just some stubborn/nasty personaalities out there lately
[08:31] {BillyD} in some stock's movement
[08:32] {dptl} you still in Vad?
[08:33] {Threei} yes
[08:33] {dptl} thinking to get back in
[08:34] {Threei} SBUX sizeable pullback
[08:35] {Threei} NQ is still dumping dp...
[08:35] {Threei} tough decision
[08:37] {dptl} in .03
[08:39] {dino} stopped rok .30, -.06
[08:42] {Threei} out
[08:43] {BillyD} too much
[08:43] {Threei} just can't get a feel what it wants to do next
[08:43] {BillyD} drama on it here...lol
[08:43] {dino} synt
[08:46] {magoo} man..nasty
[08:48] {dino} synt l .51 risky, wide
[08:48] {Threei} lol ISIS
[08:50] {Threei} you kept it dp?
[08:50] {dptl} no got out flat
[08:53] {Threei} freakin thing has strong flavor of squeeze coming... but to find an entry on it is a whole other story
[08:54] {dino} be done w/it
[08:54] {Roman} long PAAS small & slow
[08:56] {dino} synt stopped -.50
[08:58] {dino} rinsed
[08:58] {Roman} GOLD
[08:58] {Roman} CRDC getting ready for something
[09:00] {magoo} if IF ISIS gets thgru .50, long to 20
[09:01] {Threei} with two shakes to 18.80 along the way {G}
[09:01] {Threei} just kidding... my feeling of strong move coming too
[09:01] {Threei} but it trades brutally
[09:03] {dino} synt l round two .35
[09:04] {Threei} look at this
[09:07] {magoo} kind of oblivious to naz
[09:08] {Threei} yes, there was some correlation earlier, not anymore
[09:12] {dptl} nvda?
[09:16] {Threei} way stronger than one could expect
[09:16] {Threei} but it has NQ correlation
[09:17] {Threei} and NQ is whacky
[09:25] {Threei} bruce
[09:25] {Threei} could you just give your recipe for ISIS?
[09:25] {Threei} "close your eyes and buy"
[09:25] {dino} thats cheating
[09:25] {magoo} looking good
[09:26] {dino} thank you
[09:26] {dino} it's the low carb
[09:26] {magoo} prob explode to 21 vad
[09:26] {Threei} easy
[09:26] {Threei} with couple pullback to 18.50 along the way
[09:26] {BillyD} lol
[09:27] {bruce} lol
[09:27] {magoo} thats why our eyes are closed
[09:28] {bruce} isis is indeterminate to me vad
[09:28] {Threei} pullbacks are supported, highs get taken, shakes are brutal and invariably turn out just shakes...
[09:28] {bruce} my hunch is that it is stil a short though as day goes on
[09:28] {magoo} i say near 21 today
[09:30] {Threei} OK, I found the way to play it
[09:31] {magoo} coiling big time
[09:31] {Threei} this teleporting to .27, in
[09:31] {Threei} teleporting back upto above .40, out
[09:31] {magoo} gonna go
[09:31] {magoo} in
[09:32] {magoo} .47
[09:32] {magoo} dammit..naz not helping
[09:33] {dino} synt stopped -.10
[09:34] {dino} done w.it
[09:34] {Threei} nice support .50
[09:36] {Threei} if this .58 offer is taken...
[09:36] {magoo} are there any other stocks available to trade today he he?
[09:36] {Threei} and taken it will be
[09:36] {Threei} there
[09:37] {BillyD} what's stop vad
[09:38] {Threei} by bruce
[09:38] {dptl} half out '62
[09:38] {magoo} if IF it gets 20.15 going ballistic
[09:39] {magoo} it will never turn back again
[09:39] {magoo} ever
[09:40] {magoo} out .73
[09:41] {magoo} look to reload it
[09:43] {magoo} good out magoo..thanx vad :)
[09:44] {dino} taking a break
[09:44] * magoo slaps LaserDave1 around a bit with a large trout
[09:46] {Threei} good pullback for entry
[09:47] {Threei} CSIQ
[09:49] {bruce} crox dino
[09:51] {magoo} SOLF too vad
[09:52] {dptl} nvda?
[09:52] {dino} sorry bruce taking a break, did fine, but missed last two, so clear my head w/walk
[09:52] {Threei} don't know NVDA
[09:52] {dino} crox imo, strike to 30, then maybe down
[09:53] {Threei} INCY lost its mind
[09:54] {bruce} k dino
[09:55] {Threei} here comes one of those brutal pullbacks ISIS
[09:56] {magoo} any read on FSLR?
[09:58] {Threei} yuck
[09:58] {magoo} anyone any read anytime?
[10:01] {bruce} taking break
[10:08] {lumdus} isis little bounc
[10:19] {lumdus} nvda might break
[10:29] {dptl} out nvda +.23
[10:31] {lumdus} ok, my setups are not working this pm that well. time to watch myself. Note to self
[10:34] {lumdus} dptl, not ready to give up on nvda but that was huge pullback and quick. This AM things where pretty smooth. Now, not looking great
[10:35] {Threei} 19.06 probably worth a try ISIS
[10:36] {Threei} volume pertty much dried up on this retreat, and there was no selling frenzy really
[10:36] {Threei} whether buying frenzy returns is a big if
[10:36] {dptl} stop?
[10:36] {Threei} but risk is pretty small here
[10:36] {Threei} under 19
[10:37] {dptl} in.07
[10:38] {Threei} it goes through another period of indecision, hard to tell which way it resolves,
[10:38] {Threei} so just gotta catch a moment with tight stop
[10:38] {Threei} and let it show what it wants
[10:38] {Threei} if resumes upward push, win will be quite sizeable, if not stop will be tight
[10:45] {Threei} pre-frenzy
[10:45] {magoo} be back in hour, got apptmt
[10:45] {Threei} hurry
[10:45] {Threei} we won't wait for you to sell ISIS at 21
[10:49] {Threei} half out dp
[10:49] {Threei} you have 30 cents
[10:49] {Threei} don't let it all slip away
[10:49] {dptl} out....1st +.10..second +.19..ty
[10:50] {Threei} :)
[10:50] {Threei} SEED
[10:51] {Threei} called 9 entry earlier but happened too suddenly, afraid we missed it
[10:52] {Threei} so dp... are morning stops fully rectified?
[10:52] {bruce} + .20 c isis \thanx vad
[10:52] {bruce} needed that
[10:52] {Threei} welcome sir
[10:53] {bruce} still down on day though
[10:53] {dptl} yep in green now
[10:53] {Threei} cool beans... patience, cold blood and discipline work miracles
[10:53] {bruce} that was a nice trade - with reward larger than risk
[10:54] {dptl} FOR SURE
[10:54] {Threei} here is little psychological trick to be in this mindset:
[10:54] {Threei} do not view trading in "event" terms
[10:54] {Threei} look at it as a process
[10:55] {Threei} single trade has no singificance,
[10:55] {Threei} no matter what outcome is (as long as you control risk of course)
[10:55] {dino} sm l gs .37
[10:55] {Threei} when you view it as a continuing process, frustration of any given stop disappears
[10:56] {Threei} and trading frustration-free in turns frees your mind for objective evaluation of the next opportinutity
[10:56] {Threei} as opposite to "ouch, I am in red, gotta make it back, where is my chance"
[10:57] {Threei} mindset that pushes you into grabbing anything that moves
[10:57] {Threei} digging deeper hole
[10:57] {Threei} frikking SEED got away
[10:57] {lumdus} seed just going
[10:58] {bruce} as in - frikken seed got away vad?
[10:58] {bruce} got you
[10:59] {Threei} did I even say something?
[10:59] {Threei} :)
[10:59] {dino} good trading is not about being right, its' about trading right
[10:59] {Threei} great, dino goes all Zen on us
[10:59] {dino} feelig underappreciated
[10:59] {dino} :)
[10:59] {Threei} welcome to the club
[11:03] {dino} out gs .98, +.61
[11:03] * bruce slaps Threei around a bit with a large trout
[11:03] {bruce} feeling better?
[11:03] {Threei} I was fine even without fish smell of my shirt, thank you
[11:03] * bruce slaps dino around a bit with a large trout
[11:04] {Threei} out ISIS 22.30
[11:04] {Threei} I was fine even without fish smell of my shirt, thank you
[11:04] {Threei} oops
[11:04] {Threei} (nevermind, I just typed it for magoo to read and faint when he returns)
[11:04] * bruce slaps magoo around a bit with a large trout
[11:04] {bruce} trout appreciation day
[11:04] {dino} ouch
[11:08] {bruce} you're welcome
[11:10] {bruce} incy mojo
[11:12] {dino} crox again
[11:15] {Threei} CSIQ is holding well
[11:16] {dino} partial fill s crox .70
[11:16] {BillyD} entry
[11:16] {BillyD} ?
[11:17] {BillyD} that move cause to rethink
[11:17] {Threei} sharp selling into 25.50, possibly lower
[11:17] {Threei} no, not really
[11:17] {Threei} it's norlam for this stock
[11:17] {Threei} normal
[11:17] {BillyD} thought was around 26 if seemed to hold
[11:18] {lumdus} sap
[11:18] {Threei} it tends to come to logical support and break it before recovering
[11:18] {BillyD} but it is still logical for it
[11:19] {Threei} it's usually a buy off second support
[11:20] {dino} cov crox .40, +.30
[11:23] {BillyD} so far .79 holds
[11:25] {Threei} I don't like it here
[11:25] {Threei} kind of middle of nowhere
[11:26] {Threei} far from support, far from resistance, doesn'
[11:26] {Threei} t go up with NQ
[11:26] {Threei} doesn't drop because of NQ syrength either
[11:26] {BillyD} it's own logic
[11:26] {BillyD} personality
[11:27] {Threei} better now
[11:27] {lumdus} csiq ?
[11:27] {Threei} yeah
[11:27] {lumdus} let me know when you are in
[11:27] {Threei} nope
[11:27] {Threei} I intent to make it a secret
[11:28] {dptl} lol
[11:28] {lumdus} hey, how can i do that slap with a trout stuff ?
[11:28] {Threei} no way
[11:28] {Threei} we confiscated all the trouts
[11:28] * bruce slaps magoo around a bit with a large trout
[11:28] * bruce slaps Threei around a bit with a large trout
[11:28] {Threei} except bruce's
[11:28] {dino} magoo looking at houses
[11:29] {bruce} held my trouter
[11:29] {Threei} closer to .50 get ready,
[11:29] {Threei} watch for strenghtening,
[11:29] {Threei} don't buy on pricve alone, watch for it to stabilize and show signs of reversal,
[11:29] {Threei} don't bite if it slides slowly,
[11:29] {Threei} rather wait for a quick dive
[11:30] {Threei} if it reverses before showing anything readable, shrug and let it be
[11:30] {Threei} ISIS baby
[11:30] {BillyD} ISIS trying
[11:30] {Threei} my tunr dp:
[11:30] {Threei} half out
[11:31] {dptl} :)
[11:31] {Threei} from 19.08
[11:31] {dptl} nice
[11:31] {Threei} just don't take it as indication that you did something wrong
[11:32] {Threei} that was a very good play on your part
[11:32] {Threei} and I have to say:
[11:32] {Threei} with the way ISIS treated us earlier, it took guts and conviction to go for it again when you did
[11:33] {dptl} ty
[11:33] {Threei} bruce... now please trout him before his head goes too big
[11:34] {dino} gj dp
[11:34] {dptl} ty
[11:34] {bruce} congrat dp
[11:35] {Threei} sheesh
[11:35] * bruce slaps Threei around a bit with a large trout
[11:35] {Threei} trout bearer goes all soft on us
[11:35] {dptl} lol
[11:35] {Threei} and actually confuses his targets
[11:35] {BillyD} never could tell sellers everywhere this morning w/ volatile moves.....always changes
[11:36] {BillyD} ebbs and flow
[11:36] {Threei} live in now
[11:36] {Threei} or as dino will tell us when he goes ultimate Zen, be the water
[11:37] {BillyD} lol
[11:37] {Threei} but on serious note...
[11:37] {Threei} get this book and read first 94 pages (in my edition at least):
[11:37] {Threei} Power of Now
[11:37] {Threei} Ekhart Tolle or something close
[11:37] {BillyD} thtais it
[11:37] {Threei} wonderful trading book
[11:38] {dino} just bought it vad
[11:38] {BillyD} that is it
[11:38] {Threei} even though auhor [robably never heard of trading as profession
[11:38] {Threei} you will like it dino, I promise
[11:38] {BillyD} it is applicable to everything
[11:38] {dino} good
[11:38] {Threei} just don't go beyond page 95, IMO :)
[11:39] {dino} read the first half of the way of the turtles, very similar to your way of teaching, just diffenernt markets
[11:39] {Threei} full power switch from amazing stuff to total bs... they needed a filler for more pages I guess
[11:40] {patience} which markets were discussed dino?
[11:40] {Threei} I never read it dino... for exactly this reason
[11:40] {Threei} someone told me it was very similar
[11:40] {Threei} so I decided not to waste my time :)
[11:41] {dino} it re-inforced alot you what you teach.....individual trades don't matter, get your edge, control risk, be consuistant, keep it simple. etc
[11:41] {Threei} :)
[11:41] {dino} yeah, i see your point, it helped me, as did you
[11:43] {dino} crox, darn, thought it would hit .85 again
[11:44] {Threei} CSIQ came to support area
[11:44] {Threei} NQ pushed it there, watch both
[11:45] {Threei} and don't go crazy on size, thin trader
[11:45] {dino} gfig
[11:46] {Threei} come on CSIQ, dive under .50
[11:47] {Threei} closest support is .25 now
[11:47] {Threei} be ready NQ is about to bounce
[11:48] {dino} pretty good dow pullback
[11:49] {Threei} in
[11:49] {Threei} got .53
[11:49] {Threei} stop .39
[11:50] {Threei} out .89
[11:50] {BillyD} nice
[11:51] {BillyD} I saw the trigger on it but not on NDX so passed
[11:51] {Threei} precise scenario I decasribed earlier
[11:51] {Threei} ummm
[11:51] {Threei} decasribed?
[11:51] {Threei} sigh
[11:52] {Threei} slide into suport, quick selling under it, strengthening
[11:52] {BillyD} 2 pennies under it?
[11:52] {Threei} 3 I think... not much drop but pace was good
[11:53] {Threei} had this intimidating quality about it
[11:53] {Threei} creating impression drop is coming and going to be cratering
[11:53] {BillyD} I saw the turn but thought NQ was confirmationand didn't se it
[11:53] {Threei} instead, bids come in and ofers get taken
[11:53] {lumdus} i blinked and saw nothing
[11:53] {Threei} NQ just stalled at the time, yeah
[11:54] {BillyD} my ...
[11:54] {BillyD} :)
[11:54] {Threei} that's why I tried to give an idea in dvance lum, there is usually no way to post in time
[11:54] {Threei} not on this kind
[11:54] {lumdus} 3i, you did what you need too. i drank coffe for 1/2 second cost me $$
[11:55] {Threei} but at least coffee was good?
[11:55] {Threei} not good ISIS
[11:55] {Threei} too deep
[11:56] {lumdus} oh man
[11:58] {dino} lol
[11:58] {Threei} not interested in CSIQ until 25
[12:00] {dino} dji -100
[12:00] {Threei} NOV CONSUMER CREDIT: $15.4B V $8.0BE
[12:00] {lumdus} hmm, looks like we going south
[12:00] {BillyD} [12:35] {BillyD} never could tell sellers everywhere this morning w/ volatile moves.....always changes
[12:00] {BillyD} [12:36] {BillyD} ebbs and flow
[12:01] {BillyD} now opposite...lol
[12:01] {lumdus} Billy AM session was great. I scr**d up in PM
[12:01] {dino} another roughly 200 pt range day
[12:01] {lumdus} I tried to catch a falling knife. I guess I need to learn my lesson a little better
[12:02] {BillyD} it's just a certain time frame looks so solid one way and in a short completely opposite
[12:02] {dino} shake it off lumdus
[12:03] {BillyD} reason to live in the Now and not assume the now means the same as later
[12:03] {dino} back in 10
[12:03] {bruce} anyone having [problems with data now?
[12:03] {lumdus} a good trade go bad I don't care a bad trade i hate. falling knife was a bad trade
[12:03] {bruce} my time4 and sales and level 2 don't match up
[12:03] {BillyD} Laser bruce?
[12:03] {BillyD} mine ok
[12:03] {Threei} ARCA book seems to be delayed
[12:04] {bruce} yes
[12:04] {bruce} brcm says 66 - by 67
[12:04] {bruce} and trades going off at .77
[12:04] {magoo} back
[12:04] {magoo} anything going?
[12:04] * bruce slaps bruce around a bit with a large trout
[12:05] * bruce slaps magoo around a bit with a large trout
[12:05] * bruce slaps Threei around a bit with a large trout
[12:05] {Threei} dp... let's save magoo from major upset? or let's tell him?
[12:05] {BillyD} hey bruce, did you swing so hard and slap yourself
[12:05] * bruce slaps BillyD around a bit with a large trout
[12:05] {magoo} c'mon..tell me
[12:06] {dptl} a,just tell him
[12:06] {BillyD} hehe
[12:06] {Threei} yeah bruce, you started well with * bruce slaps bruce around a bit with a large trout
[12:06] {Threei} then you lost your way
[12:06] {bruce} nice to share the joy billy
[12:06] * bruce slaps Threei around a bit with a large trout
[12:06] * bruce slaps Threei around a bit with a large trout
[12:06] * bruce slaps Threei around a bit with a large trout
[12:06] {Threei} sorry mags but we hit ISIS for something like 40+ cents
[12:06] {bruce} t & sa looks better now
[12:06] {magoo} sigh
[12:07] {Threei} it's dp's fault
[12:07] {Threei} I didn't want to tell you
[12:07] {dptl} going for smoke
[12:07] {Threei} dcced him, said let's say we have 18 stops while he was gone
[12:07] {Threei} but no, dp said, "stop this nonsense and make him suffer":
[12:08] {Threei} now you can see him going for happy smoke
[12:08] {Threei} smoke of deep satisfaction, can you tell
[12:08] {dptl} lol
[12:09] {cosmo} happy smoke?
[12:09] {Threei} it's legal over here cos
[12:09] {cosmo} gee
[12:09] {BillyD} serious Vad?
[12:09] {Threei} nah :)
[12:10] {cosmo} wait till 2012
[12:10] {Threei} but tolerance is much higher
[12:10] {bruce} vad pulling your trout billy
[12:10] {BillyD} wow....was wondering why you always come back after "5" a little wackier
[12:10] {Threei} market is going down the drain
[12:11] {dino} leap fall
[12:12] {bruce} die market!
[12:12] {bruce} die!
[12:12] {Threei} missed prevoius bounce CSIQ, but do you see it doing exactly the same thing once again?
[12:12] {bruce} long qid vadster?
[12:12] {Threei} came into 25, lost it, dumped 3 cents and bounced big
[12:12] {Threei} too vertical for my taste here bruce
[12:12] {bruce} too late - already skiped
[12:13] {BillyD} lost .11 before the big bounce
[12:13] {BillyD} I see your ....
[12:13] {bruce} brcm close to long bounce?
[12:14] {Threei} feels so, atch NQ for help
[12:16] {Threei} bounce time
[12:17] {dino} not yet
[12:18] {magoo} BTW,
[12:18] * magoo slaps dptl around a bit with a large trout
[12:18] {bruce} I'm w dino - a bit more selling
[12:19] {dino} sm l gfig .60
[12:20] {magoo} im with vad, happy smoke
[12:20] {bruce} we've had quite a few of these market selloffs last few days vad
[12:20] {bruce} must be a way to catch em
[12:20] * bruce slaps magoo around a bit with a large trout
[12:21] * bruce slaps magoo around a bit with a large trout
[12:22] {bruce} bruce slaps magoo around a bit with a large happy smoke
[12:22] {Threei} wow, no bounce to speak of
[12:23] {bruce} not yet
[12:23] {magoo} that does it bruce lol
[12:23] {bruce} this is what we've been seeling lamost every day vad
[12:23] * magoo slaps bruce around a bit with a large trout
[12:23] {dino} jumped the shark, so to speak
[12:24] {bruce} bruce slaps magoos trout with a large happy smoke
[12:24] {bruce} t &s whacked out again
[12:24] {bruce} maybe due to volume
[12:24] {BillyD} it's ARCA bruce
[12:25] {Threei} it's not T*S
[12:25] {Threei} it's ARCA book
[12:25] {BillyD} it was doing it yesterday as well
[12:25] {magoo} vad, isis can short
[12:25] {dino} now
[12:25] {magoo} surprised it hasn't given much back
[12:26] {bruce} reversal call heere dino?
[12:26] {dino} up i mean
[12:26] {dino} market, not isis
[12:26] {dino} disregard me
[12:26] {dino} yes bruce that what i ment, didn't want anyone to think i was playing isis
[12:27] {dino} 20 pts only, then down, sheesh
[12:28] {dino} rimm
[12:29] {dino} out gfig +.24
[12:32] {dino} l meli sm .75
[12:33] {magoo} now, yesterday mkt spiked hard iunto bell
[12:34] {dino} out meli .99, +.24
[12:34] {BillyD} nice dino
[12:34] {dino} guess i was an oracle on that bounce call
[12:34] {dino} ty bd, bit of luck on entry
[12:34] {magoo} yeah..u and buffett
[12:35] {BillyD} good risk dino
[12:35] {magoo} next u gonna reside in omaha
[12:35] {lumdus} it's hard to go from a huge win in the Am to a loss in the PM. hitting myself
[12:35] * magoo slaps lumdus around a bit with a large trout
[12:35] {magoo} i reversed that
[12:35] {dino} i was thinking the matrix, but whast the hell
[12:35] {lumdus} magoo i did it to myself
[12:35] {magoo} huge down early..up now
[12:36] {lumdus} good for you. seems every time i learn what i do wrong i do something else stupid
[12:36] {magoo} what u do briefly?
[12:36] {magoo} blow stop or go to big?
[12:36] {dino} we've all been there lumdus, as long as you stuck to the plan, don't kill yourself over it
[12:36] {lumdus} I tried to catch a telcom falling kninfe
[12:36] {magoo} OH NEVER
[12:37] {magoo} remember...theyalways fall farther than u think possible
[12:37] {lumdus} yup, falling knife. I realize now.
[12:37] {magoo} and run too
[12:37] {dino} ?????that is part of my style magoo????
[12:37] {lumdus} yes, need to repeat in my head many times
[12:37] {Threei} one more suggestion lum, if I may
[12:38] {Threei} when you are up nicely, put a trailing stop on your trading account
[12:38] {magoo} te biggest thing for me was to lay out ahead
[12:38] {lumdus} one sec and then i did some damm revenge trading .. 2 x
[12:38] {BillyD} dino, you play contrarian moves
[12:38] {magoo} so i get the fill
[12:38] {lumdus} i hear you 3i
[12:38] {Threei} same way as you do with stock, protect profits
[12:38] {BillyD} anticipation it seems to over reactions
[12:38] {dino} 95% of time bd
[12:38] {lumdus} it hurts alot to have this. and I am only down .07 for the day .. but damm was up $1.75
[12:39] {magoo} i use to watch and strike exits..but would miss because of greed hesitation or too fast
[12:39] {magoo} now i layout where i read its going and gety the fill
[12:40] {dino} probabilities, lumdus, probabilities, thats all it is, so play the game we must, imo
[12:40] {magoo} and u gotta be a lucky bastard like dino
[12:40] {dino} easy button helps
[12:41] {magoo} computer guy just came in and repo 1 of my computers
[12:41] {BillyD} lol
[12:41] {magoo} actually, its crashed today and he needs to take w/him
[12:41] {dino} when up over daily goal lumdus, i go to mostl;y scalps, add some here and there, no big hits
[12:41] {magoo} wheres vad??
[12:42] {Threei} who?
[12:42] {dino} vacation until next week
[12:42] * magoo slaps Threei around a bit with a large trout
[12:42] {BillyD} magoo, you seem to have lots of PC issues especially w/ a PC guy
[12:42] {Threei} sigh
[12:42] {dino} crox again
[12:42] {magoo} I DO
[12:42] {magoo} no kidding..he just took my system box
[12:42] {magoo} thats why i have 2
[12:43] {magoo} i have reverse of dino...UN LUCK
[12:43] {dino} slap him....reverse your luck
[12:43] {BillyD} becareful what you download and where you surf
[12:43] {magoo} its all that porn i guess he he
[12:44] {BillyD} dino, put some parental controls on magoo's PC
[12:44] {dino} roflol
[12:46] {bruce} not much of a bounce
[12:46] {bruce} calling it a day
[12:46] {Threei} take care bruce
[12:47] {bruce} see you all tomorrow
[12:47] {bruce} thanx vad
[12:47] {magoo} bye bruce
[12:47] {Threei} ISIS will be item of interest tomorrow too
[12:49] {dino} i think i'm done for the day. thx for some good ones
[12:50] {lumdus} almost done hitting myself with a trout
[12:50] {dino} wow -215
[12:50] * BillyD slaps lumdus around a bit with a large trout
[12:50] {BillyD} you are done
[12:51] * magoo slaps lumdus around a bit with a large trout
[12:51] {lumdus} ok, will keep hitting untill market close
[12:53] {dino} rimm taunting me
[12:53] {Threei} CSIQ still closes green
[12:53] {Threei} worth watching tomorrow too
[12:53] {magoo} incy too
[12:56] {magoo} thanx vad..good to have u back boss
[12:57] {Threei} thank you all
[12:57] {dino} thx all, good day
[12:57] {Threei} have a good evening, see you tomorrow
[12:57] {BillyD} bye all
[12:58] {dptl} have a good evening all
[12:58] {dino} wow -260, 341 pt ramge
[12:58] {lumdus} have a great eventing all. Hope I learned my lesson today. And Vad, good idea. Not bad day in terms of loss just down .01 after comm but bad trading.
[12:58] {dino} 2.6%
[12:59] {magoo} its all a learning curve
[12:59] {lumdus} I also over traded by quite a few.
[13:00] {magoo} drink a brew..tomorrow a new day
[13:00] {dino} lumdus, i tell magoo any day you're flat or up, it's a good day
[13:02] {lumdus} dino, i agree. However, i traded bad. Yes, I am ok $$ wise but the trades really stink . A damn falling knife i took and that's bad
[13:02] {lumdus} OK, goodnight all and thanks for the help.
[13:03] {magoo} laser, u here??
[13:20] {magoo} ok, goodnite all...tomorrow promises to be interesting
Session Time: Tue Jan 08 00:00:00 2008
[05:37] {BillyD} morning RT
[05:40] {Threei} Good morning
[05:40] {BillyD} Vad :)
[05:41] {Threei} Billy :)
[05:42] {Threei} ISIS
[05:42] {Threei} big gap but pullback from high is getting decent too
[05:43] {Threei} Pharmaceuticals Inc Concludes strategic alliance with Genzyme; Company to be paid $325M upon closing in equity and cash
[05:43] {Threei} - Genzyme will pay Company $150M to purchase 5M shares of Company's common stock at $30/shr on Hart-Scott-Rodino clearance.
[05:43] {Threei} - Upon completion of final contracts, Genzyme will pay Company a $175M up-front license fee for mipomersen, the Company's lipid-lowering treatment for high-risk cardiovascular patients. In addition to this initial $325M, Company has the potential to receive signifi
[05:43] {Threei} significant milestone payments for mipomersen, which is currently undergoing Phase III trials. Once the product has been launched, the two companies will share profits
[05:43] {Threei} - Deal has up to $750M in potential commerical milestones.
[05:43] {Threei} - Genzyme will develop and commercialize mipomersen, and will have preferred access to future drugs for CNS and certain rare diseases.
[05:44] {hawkfan4} good morning all
[05:44] {Threei} hawk :)
[05:45] {BillyD} morning hawk
[05:45] {hawkfan4} Vad, Billy :)
[05:47] {magoo} morn
[05:48] {BillyD} magoo :)
[05:49] {dptl} good morning all
[05:49] {Threei} magoo, dp :)
[05:51] {magoo} genz is paying to ISIS vad?
[05:52] {Threei} sounds this way
[05:58] {dino} gm all
[05:58] {Threei} dino :)
[05:59] {esemde} morning RT's
[05:59] {Threei} ese :)
[06:00] {esemde} how was your first day back Vad......feel rusty
[06:00] {esemde} SBUX moving on my radar
[06:01] {dino} new ceo i think
[06:01] {Threei} profitable, so me is satisfied... as for rusty - I feel rusty 24/7/365
[06:02] {cosmo} i call it patina
[06:02] {Threei} but couple drops of WD40 in the morning do a miracle
[06:03] {Threei} no more sqeak in the knee or elbow
[06:05] {esemde} ISIS...Genzyme to license it's cholesterol-lowering treatment
[06:05] {esemde} up %48
[06:06] {Threei} was almost 23, and close to 30 yest after hours
[06:06] {magoo} u reading ISIS vad?
[06:07] {Threei} rather watching to see if it's readable
[06:09] {Threei} shortable btw
[06:09] {magoo} near 30 afterhrs?
[06:10] {Threei} yes
[06:10] {Threei} I guess that part in news talking about 30 per share was miscostrued as actual buyout
[06:29] {BillyD} .
[06:29] {Threei} good point
[06:29] {BillyD} want to make sure motor is running
[06:30] {magoo} watching fslr for a lil recovery
[06:33] {BillyD} ISIS is blistering
[06:33] {Threei} half lot long ISIS with stop under .40
[06:33] {Threei} lol, lost .40 before comment even went through
[06:37] {lumdus} maybe isis this leg down ?
[06:38] {bruce} hway dino
[06:38] {BillyD} tough one
[06:39] {lumdus} yeah, dough to read. maybe next dump i go in.
[06:39] {dino} hway dk, last two days jumpy
[06:41] {Threei} NVDA short with stop above 27
[06:41] {BillyD} here
[06:41] {lumdus} in isis 18.57 out 18.90
[06:41] {lumdus} tx vad
[06:41] {Threei} invalidated before showed weakness
[06:42] {esemde} out AMMD from yesterday .96 +.16
[06:44] {bruce} matk short?
[06:45] {Threei} if loses .40
[06:46] {bruce} sbux holdinghighs - long?
[06:47] {dino} vrus bit crazy last two days
[06:47] {Threei} SBUX .31 with .19 stop, yes
[06:48] {dino} meli l .49
[06:48] {BillyD} in SBUX .31
[06:48] {magoo} me too
[06:48] {dptl} in.31
[06:50] {Threei} sheesh
[06:50] {BillyD} out
[06:50] {dptl} out
[06:50] {Threei} wtf
[06:50] {lumdus} wow that was quick
[06:51] {magoo} ISIS vad?read on it?
[06:51] {bruce} drat -p worked over in sbux and missed matk
[06:51] {magoo} feels higher
[06:53] {Threei} no read mags
[06:54] {Roman} long CPST
[06:54] {Roman} 1.82 1/2 size
[06:56] {esemde} anyone thinking Long ISIS around .56
[06:56] {magoo} i am..but its risky..hl
[06:56] {esemde} anyone thinking long isis around .56
[06:57] {magoo} should go 20 area
[06:57] {esemde} I'll be with ya
[06:59] {esemde} hmmm maybe not
[07:00] {Threei} NOV PENDING HOME SALES (M/M): -2.6% V -0.7%E
[07:00] {Threei} JAN IBD/TIPP ECONOMIC OPTIMISM: 43.2 V 43.0E
[07:01] {esemde} LEAP into the picture......
[07:02] {esemde} nice play on words there
[07:03] {bruce} edge is STILL ending delayed quotes
[07:03] {BillyD} I have edge off permanently for my quotes
[07:03] {Threei} me too, got tired of weeding it out every day
[07:05] {BillyD} CYTR
[07:05] {BillyD} see no news
[07:05] {magoo} so do i
[07:06] {Threei} nice one CPST Roman, ty
[07:06] {Roman} yw
[07:06] {Threei} BMRN, half lot long .17
[07:06] {Threei} if stays above 39
[07:08] {BillyD} in .17
[07:09] {magoo} in .17
[07:09] {dptl} in.18
[07:09] {dino} meli out .26,
[07:10] {dino} +.77
[07:10] {Threei} you own this one dino
[07:10] {magoo} no he doesn't..sdold it
[07:10] {dino} lucky thats all
[07:11] {bruce} stop just under 39 for bmrn?
[07:11] {Threei} yes
[07:13] {Threei} IDIX?
[07:14] {Threei} I see no fresh news
[07:14] {Threei} 3 break loks interesting on daily
[07:15] {dino} drys l .50
[07:15] {Threei} am I cursed today or what?
[07:15] {Roman} looking long CSIQ
[07:15] {esemde} long SBUX .39
[07:15] {dptl} stoped bmrn
[07:16] {esemde} 1/2 lot
[07:17] {Roman} watching CSIQ if breaks 24.5
[07:20] {bruce} is qcom long break worth try - would prefer more volume in it
[07:21] {Roman} in CSIQ
[07:22] {Roman} small. 24.45 area
[07:24] {dino} out drys .68, +1.18
[07:24] {Roman} long CSUN
[07:25] {Roman} 14.10
[07:25] {dino} tough crowd huh magoo?
[07:25] {esemde} nice one Roman CSIQ
[07:25] {BillyD} gj dino :)
[07:26] {dino} ty bd
[07:29] {esemde} SBUX should make at least 21 i think...
[07:30] {magoo} dependsa on mkt imho
[07:30] {Threei} sure, it shook us out so skilfully earlier, why not
[07:30] {magoo} if reverses..down sbux goes
[07:30] {magoo} actually vad...i just vcut it .54
[07:30] {magoo} lol
[07:31] {magoo} go ahead and slap me
[07:31] {Threei} what, you decided blowing stops is a better strategy? :)
[07:31] {Threei} no need... market will
[07:31] {magoo} no..but it really didn't look bad to my "feel"
[07:32] {magoo} but, i did take your bmrn stop
[07:32] {magoo} and your first stop
[07:32] {Threei} first?
[07:32] {dino} s rok .24
[07:32] {magoo} u off to shaky start boss {as i run for cover}
[07:33] {Threei} nah, you stay, I go back to sleep
[07:34] {magoo} watching solf fior bounce
[07:34] {esemde} out SBUX .77 +.38
[07:34] {BillyD} wtg ese
[07:35] {esemde} tks
[07:35] {magoo} nice ES
[07:35] {patience} nice ese
[07:35] {dino} etg ese
[07:35] {esemde} made the 21 mark
[07:36] {dino} wtg
[07:36] {magoo} hey vad..my level 2 has a bad ARCAB quote all the time, any thoughts on it, like as in we ditched edge
[07:36] {Threei} kill it same way
[07:36] {magoo} well..i do not want to kill arcab do i?
[07:37] {dino} burn 'em all magoo, burn 'em all
[07:37] {Threei} if it has bad quotes you do... if not you don't...
[07:37] {Threei} I don't see wrong quotes on it
[07:38] {magoo} pull up bmrn
[07:38] {magoo} bmrn
[07:38] {magoo} 38.80
[07:38] {Threei} not here
[07:38] {Threei} ARCAb 38.99 right now
[07:38] {BillyD} not here
[07:38] {Threei} .98
[07:39] {Threei} none at .80
[07:39] {magoo} sheesh..i do stuill
[07:39] {magoo} server?
[07:39] {Threei} 17
[07:39] {BillyD} 7
[07:39] {magoo} weird still there
[07:39] {dptl} 14
[07:40] {magoo} oh well
[07:41] {magoo} i like solf long here .25
[07:42] {magoo} canx that
[07:43] {magoo} man..choppy out there
[07:44] {BillyD} yeah, just thinking...can't really see anything
[07:45] {lumdus} s esrx
[07:45] {bruce} amgn on radar dino
[07:46] {lumdus} esrx short 75.47 sto at b/e
[07:46] {dino} amgn raised guidance fwiw
[07:46] {lumdus} vad, esrx looks very weak ? i got that right?
[07:47] {bruce} nice play lum
[07:47] {dino} would've worked brucer, nice spot
[07:47] {lumdus} bruce, today i am trying to be very careful.
[07:48] {lumdus} damm, sold 1/2 lot and almost b/e on esrx.wtf
[07:50] {dino} risky sm s vrus .00
[07:50] {lumdus} jbht might do it ?
[07:51] {bruce} wow - 70 c spread dino
[07:52] {lumdus} jbht low volume ach
[07:52] {Threei} ISIS long.76
[07:52] {Threei} stop under .70
[07:53] {dino} yeah, you know me, :), thats why small
[07:53] {dino} had it too, but got greedy
[07:54] {dptl} in .78
[07:55] {dptl} out+.12 ty
[07:55] {Threei} out 19.05
[07:55] {BillyD} nice Vad....
[07:55] {dino} qmar
[07:56] {lumdus} out 19.06 tx vad
[07:56] {Threei} welcome
[07:57] {dino} gj guys
[07:57] {BillyD} how did I not get a fill on it and everyone else did....
[07:58] {lumdus} i use mbt billD
[07:58] {dino} (un)lucky
[07:58] {BillyD} lol
[07:58] {dino} :)
[07:59] {magoo} u suk?he he
[07:59] {Threei} what's with GERN today?
[08:00] {Threei} Roman, any idea? you keep an eye on this one often
[08:00] {Roman} nothing special on it
[08:00] {Threei} just a bounce?
[08:01] {Roman} yep
[08:02] {dino} vrus stopped -.50 sm
[08:02] {lumdus} we taking GERN ?
[08:03] {magoo} roman, u still in CSIQ?
[08:03] {Roman} no
[08:04] {Threei} SEED long if 9 is scrolling
[08:04] {Threei} risky one
[08:06] {dino} markets approaching lod
[08:07] {magoo} rfr, ty
[08:07] {Threei} ISIS feels like preparing surprise
[08:07] {magoo} getting faster
[08:07] {dino} qmar s .88, stop .16
[08:09] {Threei} pullback buy ISIS
[08:09] {magoo} close to 19?
[08:09] {Threei} I doubt it's going that low
[08:09] {magoo} might not get there
[08:10] {Threei} .30 closest support so far
[08:10] {magoo} feels like 20plus
[08:11] {Threei} market weakens... would like a little help from it
[08:11] {dptl} you in?
[08:11] {Threei} but if holding here while NQ downticks, even better indication of squeeze coming
[08:11] {Threei} not yet dp
[08:11] {Threei} want to see fast buying returning
[08:11] {BillyD} if holds..take .50 area then?
[08:12] {BillyD} cancel that
[08:12] {esemde} I'm outta here...have a great rest of the day....
[08:12] {Threei} take care ese
[08:12] {bruce} bye ese
[08:12] {magoo} bye es
[08:12] {Threei} touched 19... too fast for entry
[08:14] {Threei} NQ still dumping... doesn't instill confidence
[08:15] {dino} cov qmar .64, +.24
[08:16] {Threei} ok in
[08:16] {Threei} can't resist, stop under 19
[08:16] {Threei} may take reentry
[08:16] {Threei} hard to tell here
[08:16] {lumdus} where ISIS ?
[08:16] {Threei} .08
[08:17] {dptl} .03
[08:17] {Threei} come on NQ, raise your head
[08:17] {lumdus} jumpy one isis
[08:19] {magoo} held fairly well vad
[08:19] {Threei} but still doesn't reverse for real
[08:19] {lumdus} magoo make sure fingure on sell button :)
[08:19] {Threei} this long hesitation can resolve any way
[08:19] {magoo} .40 area turned it back now 3 times
[08:21] {Threei} NQ looks better
[08:22] {Threei} let's do it ISIS
[08:22] {lumdus} isis had too many head fakes' for me
[08:23] {magoo} out
[08:24] {lumdus} a break of 19.00 and wamm !
[08:24] {magoo} short loss 19
[08:24] {lumdus} now that's a grade ..
[08:24] {lumdus} grade=trade
[08:24] {dptl} out
[08:27] {dptl} damn
[08:31] {BillyD} there are just some stubborn/nasty personaalities out there lately
[08:31] {BillyD} in some stock's movement
[08:32] {dptl} you still in Vad?
[08:33] {Threei} yes
[08:33] {dptl} thinking to get back in
[08:34] {Threei} SBUX sizeable pullback
[08:35] {Threei} NQ is still dumping dp...
[08:35] {Threei} tough decision
[08:37] {dptl} in .03
[08:39] {dino} stopped rok .30, -.06
[08:42] {Threei} out
[08:43] {BillyD} too much
[08:43] {Threei} just can't get a feel what it wants to do next
[08:43] {BillyD} drama on it here...lol
[08:43] {dino} synt
[08:46] {magoo} man..nasty
[08:48] {dino} synt l .51 risky, wide
[08:48] {Threei} lol ISIS
[08:50] {Threei} you kept it dp?
[08:50] {dptl} no got out flat
[08:53] {Threei} freakin thing has strong flavor of squeeze coming... but to find an entry on it is a whole other story
[08:54] {dino} be done w/it
[08:54] {Roman} long PAAS small & slow
[08:56] {dino} synt stopped -.50
[08:58] {dino} rinsed
[08:58] {Roman} GOLD
[08:58] {Roman} CRDC getting ready for something
[09:00] {magoo} if IF ISIS gets thgru .50, long to 20
[09:01] {Threei} with two shakes to 18.80 along the way {G}
[09:01] {Threei} just kidding... my feeling of strong move coming too
[09:01] {Threei} but it trades brutally
[09:03] {dino} synt l round two .35
[09:04] {Threei} look at this
[09:07] {magoo} kind of oblivious to naz
[09:08] {Threei} yes, there was some correlation earlier, not anymore
[09:12] {dptl} nvda?
[09:16] {Threei} way stronger than one could expect
[09:16] {Threei} but it has NQ correlation
[09:17] {Threei} and NQ is whacky
[09:25] {Threei} bruce
[09:25] {Threei} could you just give your recipe for ISIS?
[09:25] {Threei} "close your eyes and buy"
[09:25] {dino} thats cheating
[09:25] {magoo} looking good
[09:26] {dino} thank you
[09:26] {dino} it's the low carb
[09:26] {magoo} prob explode to 21 vad
[09:26] {Threei} easy
[09:26] {Threei} with couple pullback to 18.50 along the way
[09:26] {BillyD} lol
[09:27] {bruce} lol
[09:27] {magoo} thats why our eyes are closed
[09:28] {bruce} isis is indeterminate to me vad
[09:28] {Threei} pullbacks are supported, highs get taken, shakes are brutal and invariably turn out just shakes...
[09:28] {bruce} my hunch is that it is stil a short though as day goes on
[09:28] {magoo} i say near 21 today
[09:30] {Threei} OK, I found the way to play it
[09:31] {magoo} coiling big time
[09:31] {Threei} this teleporting to .27, in
[09:31] {Threei} teleporting back upto above .40, out
[09:31] {magoo} gonna go
[09:31] {magoo} in
[09:32] {magoo} .47
[09:32] {magoo} dammit..naz not helping
[09:33] {dino} synt stopped -.10
[09:34] {dino} done w.it
[09:34] {Threei} nice support .50
[09:36] {Threei} if this .58 offer is taken...
[09:36] {magoo} are there any other stocks available to trade today he he?
[09:36] {Threei} and taken it will be
[09:36] {Threei} there
[09:37] {BillyD} what's stop vad
[09:38] {Threei} by bruce
[09:38] {dptl} half out '62
[09:38] {magoo} if IF it gets 20.15 going ballistic
[09:39] {magoo} it will never turn back again
[09:39] {magoo} ever
[09:40] {magoo} out .73
[09:41] {magoo} look to reload it
[09:43] {magoo} good out magoo..thanx vad :)
[09:44] {dino} taking a break
[09:44] * magoo slaps LaserDave1 around a bit with a large trout
[09:46] {Threei} good pullback for entry
[09:47] {Threei} CSIQ
[09:49] {bruce} crox dino
[09:51] {magoo} SOLF too vad
[09:52] {dptl} nvda?
[09:52] {dino} sorry bruce taking a break, did fine, but missed last two, so clear my head w/walk
[09:52] {Threei} don't know NVDA
[09:52] {dino} crox imo, strike to 30, then maybe down
[09:53] {Threei} INCY lost its mind
[09:54] {bruce} k dino
[09:55] {Threei} here comes one of those brutal pullbacks ISIS
[09:56] {magoo} any read on FSLR?
[09:58] {Threei} yuck
[09:58] {magoo} anyone any read anytime?
[10:01] {bruce} taking break
[10:08] {lumdus} isis little bounc
[10:19] {lumdus} nvda might break
[10:29] {dptl} out nvda +.23
[10:31] {lumdus} ok, my setups are not working this pm that well. time to watch myself. Note to self
[10:34] {lumdus} dptl, not ready to give up on nvda but that was huge pullback and quick. This AM things where pretty smooth. Now, not looking great
[10:35] {Threei} 19.06 probably worth a try ISIS
[10:36] {Threei} volume pertty much dried up on this retreat, and there was no selling frenzy really
[10:36] {Threei} whether buying frenzy returns is a big if
[10:36] {dptl} stop?
[10:36] {Threei} but risk is pretty small here
[10:36] {Threei} under 19
[10:37] {dptl} in.07
[10:38] {Threei} it goes through another period of indecision, hard to tell which way it resolves,
[10:38] {Threei} so just gotta catch a moment with tight stop
[10:38] {Threei} and let it show what it wants
[10:38] {Threei} if resumes upward push, win will be quite sizeable, if not stop will be tight
[10:45] {Threei} pre-frenzy
[10:45] {magoo} be back in hour, got apptmt
[10:45] {Threei} hurry
[10:45] {Threei} we won't wait for you to sell ISIS at 21
[10:49] {Threei} half out dp
[10:49] {Threei} you have 30 cents
[10:49] {Threei} don't let it all slip away
[10:49] {dptl} out....1st +.10..second +.19..ty
[10:50] {Threei} :)
[10:50] {Threei} SEED
[10:51] {Threei} called 9 entry earlier but happened too suddenly, afraid we missed it
[10:52] {Threei} so dp... are morning stops fully rectified?
[10:52] {bruce} + .20 c isis \thanx vad
[10:52] {bruce} needed that
[10:52] {Threei} welcome sir
[10:53] {bruce} still down on day though
[10:53] {dptl} yep in green now
[10:53] {Threei} cool beans... patience, cold blood and discipline work miracles
[10:53] {bruce} that was a nice trade - with reward larger than risk
[10:54] {dptl} FOR SURE
[10:54] {Threei} here is little psychological trick to be in this mindset:
[10:54] {Threei} do not view trading in "event" terms
[10:54] {Threei} look at it as a process
[10:55] {Threei} single trade has no singificance,
[10:55] {Threei} no matter what outcome is (as long as you control risk of course)
[10:55] {dino} sm l gs .37
[10:55] {Threei} when you view it as a continuing process, frustration of any given stop disappears
[10:56] {Threei} and trading frustration-free in turns frees your mind for objective evaluation of the next opportinutity
[10:56] {Threei} as opposite to "ouch, I am in red, gotta make it back, where is my chance"
[10:57] {Threei} mindset that pushes you into grabbing anything that moves
[10:57] {Threei} digging deeper hole
[10:57] {Threei} frikking SEED got away
[10:57] {lumdus} seed just going
[10:58] {bruce} as in - frikken seed got away vad?
[10:58] {bruce} got you
[10:59] {Threei} did I even say something?
[10:59] {Threei} :)
[10:59] {dino} good trading is not about being right, its' about trading right
[10:59] {Threei} great, dino goes all Zen on us
[10:59] {dino} feelig underappreciated
[10:59] {dino} :)
[10:59] {Threei} welcome to the club
[11:03] {dino} out gs .98, +.61
[11:03] * bruce slaps Threei around a bit with a large trout
[11:03] {bruce} feeling better?
[11:03] {Threei} I was fine even without fish smell of my shirt, thank you
[11:03] * bruce slaps dino around a bit with a large trout
[11:04] {Threei} out ISIS 22.30
[11:04] {Threei} I was fine even without fish smell of my shirt, thank you
[11:04] {Threei} oops
[11:04] {Threei} (nevermind, I just typed it for magoo to read and faint when he returns)
[11:04] * bruce slaps magoo around a bit with a large trout
[11:04] {bruce} trout appreciation day
[11:04] {dino} ouch
[11:08] {bruce} you're welcome
[11:10] {bruce} incy mojo
[11:12] {dino} crox again
[11:15] {Threei} CSIQ is holding well
[11:16] {dino} partial fill s crox .70
[11:16] {BillyD} entry
[11:16] {BillyD} ?
[11:17] {BillyD} that move cause to rethink
[11:17] {Threei} sharp selling into 25.50, possibly lower
[11:17] {Threei} no, not really
[11:17] {Threei} it's norlam for this stock
[11:17] {Threei} normal
[11:17] {BillyD} thought was around 26 if seemed to hold
[11:18] {lumdus} sap
[11:18] {Threei} it tends to come to logical support and break it before recovering
[11:18] {BillyD} but it is still logical for it
[11:19] {Threei} it's usually a buy off second support
[11:20] {dino} cov crox .40, +.30
[11:23] {BillyD} so far .79 holds
[11:25] {Threei} I don't like it here
[11:25] {Threei} kind of middle of nowhere
[11:26] {Threei} far from support, far from resistance, doesn'
[11:26] {Threei} t go up with NQ
[11:26] {Threei} doesn't drop because of NQ syrength either
[11:26] {BillyD} it's own logic
[11:26] {BillyD} personality
[11:27] {Threei} better now
[11:27] {lumdus} csiq ?
[11:27] {Threei} yeah
[11:27] {lumdus} let me know when you are in
[11:27] {Threei} nope
[11:27] {Threei} I intent to make it a secret
[11:28] {dptl} lol
[11:28] {lumdus} hey, how can i do that slap with a trout stuff ?
[11:28] {Threei} no way
[11:28] {Threei} we confiscated all the trouts
[11:28] * bruce slaps magoo around a bit with a large trout
[11:28] * bruce slaps Threei around a bit with a large trout
[11:28] {Threei} except bruce's
[11:28] {dino} magoo looking at houses
[11:29] {bruce} held my trouter
[11:29] {Threei} closer to .50 get ready,
[11:29] {Threei} watch for strenghtening,
[11:29] {Threei} don't buy on pricve alone, watch for it to stabilize and show signs of reversal,
[11:29] {Threei} don't bite if it slides slowly,
[11:29] {Threei} rather wait for a quick dive
[11:30] {Threei} if it reverses before showing anything readable, shrug and let it be
[11:30] {Threei} ISIS baby
[11:30] {BillyD} ISIS trying
[11:30] {Threei} my tunr dp:
[11:30] {Threei} half out
[11:31] {dptl} :)
[11:31] {Threei} from 19.08
[11:31] {dptl} nice
[11:31] {Threei} just don't take it as indication that you did something wrong
[11:32] {Threei} that was a very good play on your part
[11:32] {Threei} and I have to say:
[11:32] {Threei} with the way ISIS treated us earlier, it took guts and conviction to go for it again when you did
[11:33] {dptl} ty
[11:33] {Threei} bruce... now please trout him before his head goes too big
[11:34] {dino} gj dp
[11:34] {dptl} ty
[11:34] {bruce} congrat dp
[11:35] {Threei} sheesh
[11:35] * bruce slaps Threei around a bit with a large trout
[11:35] {Threei} trout bearer goes all soft on us
[11:35] {dptl} lol
[11:35] {Threei} and actually confuses his targets
[11:35] {BillyD} never could tell sellers everywhere this morning w/ volatile moves.....always changes
[11:36] {BillyD} ebbs and flow
[11:36] {Threei} live in now
[11:36] {Threei} or as dino will tell us when he goes ultimate Zen, be the water
[11:37] {BillyD} lol
[11:37] {Threei} but on serious note...
[11:37] {Threei} get this book and read first 94 pages (in my edition at least):
[11:37] {Threei} Power of Now
[11:37] {Threei} Ekhart Tolle or something close
[11:37] {BillyD} thtais it
[11:37] {Threei} wonderful trading book
[11:38] {dino} just bought it vad
[11:38] {BillyD} that is it
[11:38] {Threei} even though auhor [robably never heard of trading as profession
[11:38] {Threei} you will like it dino, I promise
[11:38] {BillyD} it is applicable to everything
[11:38] {dino} good
[11:38] {Threei} just don't go beyond page 95, IMO :)
[11:39] {dino} read the first half of the way of the turtles, very similar to your way of teaching, just diffenernt markets
[11:39] {Threei} full power switch from amazing stuff to total bs... they needed a filler for more pages I guess
[11:40] {patience} which markets were discussed dino?
[11:40] {Threei} I never read it dino... for exactly this reason
[11:40] {Threei} someone told me it was very similar
[11:40] {Threei} so I decided not to waste my time :)
[11:41] {dino} it re-inforced alot you what you teach.....individual trades don't matter, get your edge, control risk, be consuistant, keep it simple. etc
[11:41] {Threei} :)
[11:41] {dino} yeah, i see your point, it helped me, as did you
[11:43] {dino} crox, darn, thought it would hit .85 again
[11:44] {Threei} CSIQ came to support area
[11:44] {Threei} NQ pushed it there, watch both
[11:45] {Threei} and don't go crazy on size, thin trader
[11:45] {dino} gfig
[11:46] {Threei} come on CSIQ, dive under .50
[11:47] {Threei} closest support is .25 now
[11:47] {Threei} be ready NQ is about to bounce
[11:48] {dino} pretty good dow pullback
[11:49] {Threei} in
[11:49] {Threei} got .53
[11:49] {Threei} stop .39
[11:50] {Threei} out .89
[11:50] {BillyD} nice
[11:51] {BillyD} I saw the trigger on it but not on NDX so passed
[11:51] {Threei} precise scenario I decasribed earlier
[11:51] {Threei} ummm
[11:51] {Threei} decasribed?
[11:51] {Threei} sigh
[11:52] {Threei} slide into suport, quick selling under it, strengthening
[11:52] {BillyD} 2 pennies under it?
[11:52] {Threei} 3 I think... not much drop but pace was good
[11:53] {Threei} had this intimidating quality about it
[11:53] {Threei} creating impression drop is coming and going to be cratering
[11:53] {BillyD} I saw the turn but thought NQ was confirmationand didn't se it
[11:53] {Threei} instead, bids come in and ofers get taken
[11:53] {lumdus} i blinked and saw nothing
[11:53] {Threei} NQ just stalled at the time, yeah
[11:54] {BillyD} my ...
[11:54] {BillyD} :)
[11:54] {Threei} that's why I tried to give an idea in dvance lum, there is usually no way to post in time
[11:54] {Threei} not on this kind
[11:54] {lumdus} 3i, you did what you need too. i drank coffe for 1/2 second cost me $$
[11:55] {Threei} but at least coffee was good?
[11:55] {Threei} not good ISIS
[11:55] {Threei} too deep
[11:56] {lumdus} oh man
[11:58] {dino} lol
[11:58] {Threei} not interested in CSIQ until 25
[12:00] {dino} dji -100
[12:00] {Threei} NOV CONSUMER CREDIT: $15.4B V $8.0BE
[12:00] {lumdus} hmm, looks like we going south
[12:00] {BillyD} [12:35] {BillyD} never could tell sellers everywhere this morning w/ volatile moves.....always changes
[12:00] {BillyD} [12:36] {BillyD} ebbs and flow
[12:01] {BillyD} now opposite...lol
[12:01] {lumdus} Billy AM session was great. I scr**d up in PM
[12:01] {dino} another roughly 200 pt range day
[12:01] {lumdus} I tried to catch a falling knife. I guess I need to learn my lesson a little better
[12:02] {BillyD} it's just a certain time frame looks so solid one way and in a short completely opposite
[12:02] {dino} shake it off lumdus
[12:03] {BillyD} reason to live in the Now and not assume the now means the same as later
[12:03] {dino} back in 10
[12:03] {bruce} anyone having [problems with data now?
[12:03] {lumdus} a good trade go bad I don't care a bad trade i hate. falling knife was a bad trade
[12:03] {bruce} my time4 and sales and level 2 don't match up
[12:03] {BillyD} Laser bruce?
[12:03] {BillyD} mine ok
[12:03] {Threei} ARCA book seems to be delayed
[12:04] {bruce} yes
[12:04] {bruce} brcm says 66 - by 67
[12:04] {bruce} and trades going off at .77
[12:04] {magoo} back
[12:04] {magoo} anything going?
[12:04] * bruce slaps bruce around a bit with a large trout
[12:05] * bruce slaps magoo around a bit with a large trout
[12:05] * bruce slaps Threei around a bit with a large trout
[12:05] {Threei} dp... let's save magoo from major upset? or let's tell him?
[12:05] {BillyD} hey bruce, did you swing so hard and slap yourself
[12:05] * bruce slaps BillyD around a bit with a large trout
[12:05] {magoo} c'mon..tell me
[12:06] {dptl} a,just tell him
[12:06] {BillyD} hehe
[12:06] {Threei} yeah bruce, you started well with * bruce slaps bruce around a bit with a large trout
[12:06] {Threei} then you lost your way
[12:06] {bruce} nice to share the joy billy
[12:06] * bruce slaps Threei around a bit with a large trout
[12:06] * bruce slaps Threei around a bit with a large trout
[12:06] * bruce slaps Threei around a bit with a large trout
[12:06] {Threei} sorry mags but we hit ISIS for something like 40+ cents
[12:06] {bruce} t & sa looks better now
[12:06] {magoo} sigh
[12:07] {Threei} it's dp's fault
[12:07] {Threei} I didn't want to tell you
[12:07] {dptl} going for smoke
[12:07] {Threei} dcced him, said let's say we have 18 stops while he was gone
[12:07] {Threei} but no, dp said, "stop this nonsense and make him suffer":
[12:08] {Threei} now you can see him going for happy smoke
[12:08] {Threei} smoke of deep satisfaction, can you tell
[12:08] {dptl} lol
[12:09] {cosmo} happy smoke?
[12:09] {Threei} it's legal over here cos
[12:09] {cosmo} gee
[12:09] {BillyD} serious Vad?
[12:09] {Threei} nah :)
[12:10] {cosmo} wait till 2012
[12:10] {Threei} but tolerance is much higher
[12:10] {bruce} vad pulling your trout billy
[12:10] {BillyD} wow....was wondering why you always come back after "5" a little wackier
[12:10] {Threei} market is going down the drain
[12:11] {dino} leap fall
[12:12] {bruce} die market!
[12:12] {bruce} die!
[12:12] {Threei} missed prevoius bounce CSIQ, but do you see it doing exactly the same thing once again?
[12:12] {bruce} long qid vadster?
[12:12] {Threei} came into 25, lost it, dumped 3 cents and bounced big
[12:12] {Threei} too vertical for my taste here bruce
[12:12] {bruce} too late - already skiped
[12:13] {BillyD} lost .11 before the big bounce
[12:13] {BillyD} I see your ....
[12:13] {bruce} brcm close to long bounce?
[12:14] {Threei} feels so, atch NQ for help
[12:16] {Threei} bounce time
[12:17] {dino} not yet
[12:18] {magoo} BTW,
[12:18] * magoo slaps dptl around a bit with a large trout
[12:18] {bruce} I'm w dino - a bit more selling
[12:19] {dino} sm l gfig .60
[12:20] {magoo} im with vad, happy smoke
[12:20] {bruce} we've had quite a few of these market selloffs last few days vad
[12:20] {bruce} must be a way to catch em
[12:20] * bruce slaps magoo around a bit with a large trout
[12:21] * bruce slaps magoo around a bit with a large trout
[12:22] {bruce} bruce slaps magoo around a bit with a large happy smoke
[12:22] {Threei} wow, no bounce to speak of
[12:23] {bruce} not yet
[12:23] {magoo} that does it bruce lol
[12:23] {bruce} this is what we've been seeling lamost every day vad
[12:23] * magoo slaps bruce around a bit with a large trout
[12:23] {dino} jumped the shark, so to speak
[12:24] {bruce} bruce slaps magoos trout with a large happy smoke
[12:24] {bruce} t &s whacked out again
[12:24] {bruce} maybe due to volume
[12:24] {BillyD} it's ARCA bruce
[12:25] {Threei} it's not T*S
[12:25] {Threei} it's ARCA book
[12:25] {BillyD} it was doing it yesterday as well
[12:25] {magoo} vad, isis can short
[12:25] {dino} now
[12:25] {magoo} surprised it hasn't given much back
[12:26] {bruce} reversal call heere dino?
[12:26] {dino} up i mean
[12:26] {dino} market, not isis
[12:26] {dino} disregard me
[12:26] {dino} yes bruce that what i ment, didn't want anyone to think i was playing isis
[12:27] {dino} 20 pts only, then down, sheesh
[12:28] {dino} rimm
[12:29] {dino} out gfig +.24
[12:32] {dino} l meli sm .75
[12:33] {magoo} now, yesterday mkt spiked hard iunto bell
[12:34] {dino} out meli .99, +.24
[12:34] {BillyD} nice dino
[12:34] {dino} guess i was an oracle on that bounce call
[12:34] {dino} ty bd, bit of luck on entry
[12:34] {magoo} yeah..u and buffett
[12:35] {BillyD} good risk dino
[12:35] {magoo} next u gonna reside in omaha
[12:35] {lumdus} it's hard to go from a huge win in the Am to a loss in the PM. hitting myself
[12:35] * magoo slaps lumdus around a bit with a large trout
[12:35] {magoo} i reversed that
[12:35] {dino} i was thinking the matrix, but whast the hell
[12:35] {lumdus} magoo i did it to myself
[12:35] {magoo} huge down early..up now
[12:36] {lumdus} good for you. seems every time i learn what i do wrong i do something else stupid
[12:36] {magoo} what u do briefly?
[12:36] {magoo} blow stop or go to big?
[12:36] {dino} we've all been there lumdus, as long as you stuck to the plan, don't kill yourself over it
[12:36] {lumdus} I tried to catch a telcom falling kninfe
[12:36] {magoo} OH NEVER
[12:37] {magoo} remember...theyalways fall farther than u think possible
[12:37] {lumdus} yup, falling knife. I realize now.
[12:37] {magoo} and run too
[12:37] {dino} ?????that is part of my style magoo????
[12:37] {lumdus} yes, need to repeat in my head many times
[12:37] {Threei} one more suggestion lum, if I may
[12:38] {Threei} when you are up nicely, put a trailing stop on your trading account
[12:38] {magoo} te biggest thing for me was to lay out ahead
[12:38] {lumdus} one sec and then i did some damm revenge trading .. 2 x
[12:38] {BillyD} dino, you play contrarian moves
[12:38] {magoo} so i get the fill
[12:38] {lumdus} i hear you 3i
[12:38] {Threei} same way as you do with stock, protect profits
[12:38] {BillyD} anticipation it seems to over reactions
[12:38] {dino} 95% of time bd
[12:38] {lumdus} it hurts alot to have this. and I am only down .07 for the day .. but damm was up $1.75
[12:39] {magoo} i use to watch and strike exits..but would miss because of greed hesitation or too fast
[12:39] {magoo} now i layout where i read its going and gety the fill
[12:40] {dino} probabilities, lumdus, probabilities, thats all it is, so play the game we must, imo
[12:40] {magoo} and u gotta be a lucky bastard like dino
[12:40] {dino} easy button helps
[12:41] {magoo} computer guy just came in and repo 1 of my computers
[12:41] {BillyD} lol
[12:41] {magoo} actually, its crashed today and he needs to take w/him
[12:41] {dino} when up over daily goal lumdus, i go to mostl;y scalps, add some here and there, no big hits
[12:41] {magoo} wheres vad??
[12:42] {Threei} who?
[12:42] {dino} vacation until next week
[12:42] * magoo slaps Threei around a bit with a large trout
[12:42] {BillyD} magoo, you seem to have lots of PC issues especially w/ a PC guy
[12:42] {Threei} sigh
[12:42] {dino} crox again
[12:42] {magoo} I DO
[12:42] {magoo} no kidding..he just took my system box
[12:42] {magoo} thats why i have 2
[12:43] {magoo} i have reverse of dino...UN LUCK
[12:43] {dino} slap him....reverse your luck
[12:43] {BillyD} becareful what you download and where you surf
[12:43] {magoo} its all that porn i guess he he
[12:44] {BillyD} dino, put some parental controls on magoo's PC
[12:44] {dino} roflol
[12:46] {bruce} not much of a bounce
[12:46] {bruce} calling it a day
[12:46] {Threei} take care bruce
[12:47] {bruce} see you all tomorrow
[12:47] {bruce} thanx vad
[12:47] {magoo} bye bruce
[12:47] {Threei} ISIS will be item of interest tomorrow too
[12:49] {dino} i think i'm done for the day. thx for some good ones
[12:50] {lumdus} almost done hitting myself with a trout
[12:50] {dino} wow -215
[12:50] * BillyD slaps lumdus around a bit with a large trout
[12:50] {BillyD} you are done
[12:51] * magoo slaps lumdus around a bit with a large trout
[12:51] {lumdus} ok, will keep hitting untill market close
[12:53] {dino} rimm taunting me
[12:53] {Threei} CSIQ still closes green
[12:53] {Threei} worth watching tomorrow too
[12:53] {magoo} incy too
[12:56] {magoo} thanx vad..good to have u back boss
[12:57] {Threei} thank you all
[12:57] {dino} thx all, good day
[12:57] {Threei} have a good evening, see you tomorrow
[12:57] {BillyD} bye all
[12:58] {dptl} have a good evening all
[12:58] {dino} wow -260, 341 pt ramge
[12:58] {lumdus} have a great eventing all. Hope I learned my lesson today. And Vad, good idea. Not bad day in terms of loss just down .01 after comm but bad trading.
[12:58] {dino} 2.6%
[12:59] {magoo} its all a learning curve
[12:59] {lumdus} I also over traded by quite a few.
[13:00] {magoo} drink a brew..tomorrow a new day
[13:00] {dino} lumdus, i tell magoo any day you're flat or up, it's a good day
[13:02] {lumdus} dino, i agree. However, i traded bad. Yes, I am ok $$ wise but the trades really stink . A damn falling knife i took and that's bad
[13:02] {lumdus} OK, goodnight all and thanks for the help.
[13:03] {magoo} laser, u here??
[13:20] {magoo} ok, goodnite all...tomorrow promises to be interesting
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