Session Start: Fri Jan 11 00:00:00 2008
Session Time: Fri Jan 11 00:00:00 2008
[05:16] {esemde} knock knock....anybody home...can't believe i'm up this early
[05:19] {Threei} good morning
[05:19] {Threei} you are not alone :)
[05:20] {esemde} morning Vad
[05:20] {Threei} SOLF
[05:20] {Threei} ANNOUNCES UPDATE ON SALES AND POLYSILICON SUPPLY
[05:20] {Threei} - Solarfun also announced a reduction in expectations for polysilicon supply from Jiangsu Zhongneng PV Technology Development Co., Ltd., or Zhongneng, to its 52% subsidiary, Jiangsu Yangguang Solar Technology Co. Ltd. , or Yangguang Solar
[05:20] {patience} morning guys
[05:20] {Threei} patience :)
[05:20] {esemde} Vad dcc please
[05:21] {Threei} yes sir
[05:26] {Threei} CSUN
[05:26] {Threei} ESTABLISHES EUROPEAN SALES AND MARKETING BRANCH IN MUNICH, GERMANY- "This location makes the most administrative and strategic sense for China Sunergy with regards to servicing the entire European region," said VP of sales.
[05:27] {Threei} barrage of news in solar sector often meant nice sunny day
[05:27] {BillyD} mornig Vad :)
[05:27] {Threei} just need market to start cooperating patterns wise
[05:27] {Threei} Billy :)
[05:28] {esemde} billy
[05:28] {BillyD} ese:)
[05:30] {Threei} NOV IMPORT PRICE INDEX M/M: 0.0% V 0.1%E
[05:30] {Threei} *(CA) NOV INTL MERCHANDISE TRADE: C$3.7B V C$3.3BE
[05:30] {Threei} *NOV TRADE BALANCE: -63.1$ V -$59.5BE
[05:43] {BillyD} don't see anything real hot so far
[05:43] {BillyD} SOLF and AKNS a gap
[05:44] {Threei} I'd think, market will show signs of life a bit later, as it did last couple days
[05:44] {cosmo} JNPR losing their COO to MSFT
[05:45] {Threei} am I lucky this morning or what
[05:45] {Threei} total stranger qwrites to me:
[05:45] {Threei} You are interesting and special man and I chose you to become my life's companion.
[05:45] {cosmo} gee..
[05:46] {Threei} and this is on top of all the nigerian luck
[05:46] {BillyD} lol
[05:46] {Threei} oh, wait... it's not one-sidedly decided deal, I still have a word in the matter:
[05:47] {Threei} If you decide to choose me too, you can find me here everytime (url)
[05:47] {BillyD} cyber companion
[05:47] {Threei} at first it sounded like noone asked my iopinion
[05:51] {dino} gm all
[05:52] {Threei} dino :)
[05:53] {Threei} IDIX got upgrade
[05:57] {dino} careful
[05:58] {Threei} ?
[06:00] {dptl} good morning all
[06:00] {Threei} dp :)
[06:03] {esemde} dp....enought wind over there on the mainland for you...been crazy over here
[06:04] {dptl} ye but its fine now
[06:04] {esemde} same......
[06:05] {magoo} morning
[06:07] {Threei} magoo :)
[06:09] {magoo} something wrong with replay vad, or are we it ?
[06:10] {Threei} let me check
[06:10] {magoo} also,did u enable arca today?
[06:10] {Threei} yeah, no replay
[06:10] {Threei} will ask admin to inquire
[06:11] {magoo} how about arca today, u enable it?
[06:12] {Threei} for now, yes
[06:12] {Threei} if it starts misbehaving, will cut its head off for a few days, just like that EDGA/EDGX
[06:12] {Threei} they have systemwide problem
[06:14] {dino} cadx
[06:14] {Threei} IDIX, if pulls back to around 3.50 will be inetresting for wentry
[06:14] {Threei} otherwise, consolidation and break
[06:15] {Threei} CADX trial did not meet endpoint
[06:15] {Threei} [CADX] Cadence Pharmaceuticals Announces results of two Phase III clinical trials of Acetavance
[06:15] {Threei} - One trial did not meet its primary endpoint of demonstrating a statistically significant reduction in patient pain intensity levels over 48 hours compared to placebo, following abdominal gynecologic surgery. However, the same study successfully achieved several secondary endpoints, including pain relief, global patient satisfaction and time to rescue medication.
[06:15] {Threei} - Company also announced its Phase III clinical
[06:15] {Threei} trial of Acetavance for fever successfully met the primary endpoint, demonstrating a statistically significant reduction of fever over six hours compared to placebo.
[06:15] {Threei} - Acetavance demonstrated a safety profile in both of these clinical trials that was no different than placebo, including the evaluation of eight doses over a 48-hour period.
[06:16] {esemde} AKNS making those higher lows in premarket....bstop at 11.31 might be in order
[06:22] {magoo} SOLF gapper vad...but boy its been tough lately
[06:22] {Threei} had news mags
[06:22] {magoo} really, been dpoing 1 s[ike push and then down rest of day
[06:22] {Threei} [08:20] {Threei} SOLF
[06:22] {Threei} [08:20] {Threei} ANNOUNCES UPDATE ON SALES AND POLYSILICON SUPPLY
[06:22] {Threei} [08:20] {Threei} - Solarfun also announced a reduction in expectations for polysilicon supply from Jiangsu Zhongneng PV Technology Development Co., Ltd., or Zhongneng, to its 52% subsidiary, Jiangsu Yangguang Solar Technology Co. Ltd
[06:22] {dino} follow the oih on your solar picks guys
[06:22] {Threei} you tracked to correlation dino?
[06:22] {Threei} to = the
[06:23] {esemde} what does oih mean dino
[06:23] {dino} wait about 30, then watch, oih been leading spwr and fslr
[06:24] {magoo} maybe CSIQ follow again..watching both
[06:25] {dino} oil service holders
[06:26] {dino} solars runnning up w/ oil, down w/oil
[06:26] {esemde} tks
[06:26] {Threei} wouldn't it be logical to expect inverse relation?
[06:27] {dino} oil gets expensive, solars go up
[06:27] {Threei} right
[06:27] {cosmo} RFMD
[06:27] {cosmo} testing to heal.... imo
[06:27] {dino} the oih has lost 10 opts 5 days, whats going on w/solars
[06:28] {Threei} sorry, my brain is either still on vacation or in search for coffee
[06:28] {dino} down huge
[06:29] {dino} usna
[06:29] {magoo} dammit..now I need a cofee he he
[06:29] {Threei} oil goes back to 30 (can we dream?) who needs solar
[06:30] {dino} bingo
[06:30] {dino} put it in a warehouse for 5 years
[06:30] {Threei} although if we were smart (another questionable proposition), we would press ahead with alternative energy nonetheless
[06:31] {dino} getting deep again
[06:32] {magoo} solf is 1 nasty trader..not in
[06:32] {Threei} IDIX over yesterday's high
[06:32] {Threei} would like to see a pullback, define range... then go for a break
[06:33] {dino} usna not avail. cyber
[06:33] {Threei} ETFC... 3 is long trigger with .84 stop
[06:34] {Threei} daytrade, not a scalp for me
[06:34] {magoo} dog correct?
[06:34] {Threei} aren't they all
[06:34] {magoo} in bow wow
[06:34] {Threei} but I bet my purity, this dog will bite today
[06:35] {Threei} (quite safe bet on my part don't you think)
[06:35] {magoo} DL?
[06:35] {Threei} with 16 cents stop, yes
[06:36] {Threei} OK IDIX... 4.20 break long if stays above 4.10
[06:36] {Threei} Roman had very nice early entry on it... any insight now?
[06:36] {magoo} vad..mkt struggling keep in mind..
[06:37] {Threei} that's why I stay away from followers for now
[06:37] {Threei} neither ETFC or IDIX are
[06:37] {magoo} ok..just trying to help insight
[06:38] {Threei} much appreciated
[06:38] {Roman} GOLF radar
[06:38] {Roman} GOLD
[06:38] {Threei} whew
[06:38] {Threei} I got scared for a sec Roman goes all hedonistic on us
[06:39] {dino} rather be golfing
[06:39] {Threei} "you guys trade all you want, I am eyeing green field"
[06:39] {dptl} half out .15 etfc
[06:39] {Threei} ETFC 1:1 for you stinkin scalpers
[06:39] {bruce} lol - and you're not vad?
[06:40] {Threei} can I pretend for a min?
[06:40] {bruce} k
[06:40] {Roman} ALTH
[06:40] {Roman} long
[06:40] * bruce slaps Threei around a bit with a large trout
[06:40] {magoo} out .17 NICE vad
[06:40] {Threei} what, my minute is over?
[06:40] {bruce} now you stink
[06:40] {Threei} in full mags?
[06:40] {Threei} or kept 1 lot?
[06:41] {magoo} dl
[06:41] {Threei} IDIX triggering
[06:42] {Threei} offering half ETFC .25 with stop .19
[06:42] {Threei} second half is for hold still
[06:42] {Threei} [09:34] {Threei} daytrade, not a scalp for me
[06:42] {magoo} ok, i may reload a pullbk
[06:43] {dino} meli sm l .64 wide
[06:43] {Threei} hit
[06:43] {Threei} ok, second half stop 2.99
[06:43] {Threei} letting it trade
[06:43] {magoo} idix a scalp?
[06:43] {magoo} or daytrade?
[06:44] {Threei} good question
[06:44] {Threei} will try to offer half into spike over .30
[06:44] {BillyD} that is my strategy
[06:44] {Threei} and make up my mind about the rest watching how it behaves
[06:45] {Threei} it's a fluid situation
[06:45] {Threei} stop to 4.12 for now
[06:45] {magoo} CELG nice move
[06:45] {magoo} news?
[06:46] {Threei} not today
[06:46] {Threei} had a nice guidance on 01/06
[06:46] {magoo} where is a good reentry ETFC?
[06:46] {Threei} I see nothing fresh since then
[06:47] {magoo} mkt down 139
[06:47] {lumdus} gm all
[06:47] {Threei} chart wise 3.10,
[06:47] {Threei} but it tends to pull back a bit deeper than charts say
[06:47] {Threei} lum :)
[06:47] {magoo} ok
[06:48] {Threei} with these overly thick ones level 2 is not of much help
[06:48] {magoo} crayola q again {odd..not}
[06:48] {Threei} on normal stock, you go off chart and use Level 2 to tune up your entry
[06:49] {Threei} but this kind has too many bids and offers to allow any distinction between strength/weakness at particular price level
[06:50] {Threei} market goes green soon
[06:50] {Threei} can I bet my purity second time?
[06:50] {Threei} not much risk by me anyway
[06:52] {Threei} SEED, is today the day?
[06:52] {BillyD} straight up
[06:52] {dino} out 1/2 nnds from overnight .10, +.81
[06:52] {Threei} nice hold
[06:52] {dino} lucky
[06:54] {Threei} lum
[06:54] {dino} out meli .00, +.36
[06:54] {Threei} extremely good move on your part to skip yesterday
[06:54] {Threei} market stunk
[06:54] {Threei} I stunk
[06:54] {Threei} trades stunk
[06:54] {lumdus} oh, thought you going to tell me you made enough for the year.
[06:55] {Threei} that was my first thought
[06:55] {dino} we are opposits 3i
[06:55] {Threei} then I found no extreme meanness in myself this morning
[06:55] {dino} remainder nnds out .10
[06:55] {magoo} i stunk yesterday
[06:56] {magoo} but vad called me a stinker today too
[06:56] {BillyD} smelly day
[06:56] {dino} this is dino's market. best week since november
[06:56] {Threei} that's just my usual routine mags
[06:56] {magoo} grmn bounce candidate?
[06:56] {magoo} 79.40ish high yesterday
[06:56] {Threei} overall yes
[06:56] {magoo} mkt down still tho
[06:57] {dino} market wants -200
[06:57] {Threei} but not sure about exact point
[06:57] {Threei} and I lost NQ quotes
[06:57] {dptl} stop etfc now?
[06:58] {dptl} for the balance
[06:58] {Threei} 3.04
[06:58] {dptl} ty
[06:58] {magoo} quotes here ok..imagine that..usually me
[06:58] {Threei} since it's a longer time frame trade I do not trail it aggressively, giving it breathing room
[06:59] {Threei} qutes back, mags, just switched the server
[06:59] {magoo} smart..u got an overall feel up..avoid rinse
[06:59] {Threei} SEED is so ready
[07:01] {dptl} sold a bit more .32 etfc holding still small
[07:02] {Threei} offering 1/4 more ETFC .41
[07:03] {magoo} watching grmn for bounce
[07:03] {magoo} need mkt help
[07:04] {Threei} stinkin IDIX stopped
[07:04] {magoo} half when i go
[07:04] {magoo} if IF i go\
[07:05] {dino} sbcf
[07:05] {Threei} CPHD is bruce type trade
[07:05] {magoo} yesterday grmn followed q pretty well
[07:05] {magoo} maybe today..who knows
[07:06] {magoo} hey CPHD avail short..just a consideration
[07:06] {magoo} but strong
[07:08] {Threei} some following seems to be there mags
[07:08] {Threei} not exact but still
[07:08] {magoo} need a naz spike
[07:09] {Threei} and naz is not providing one too willingly
[07:09] {esemde} does akns look like a bounce buy per chance
[07:09] {dino} meli ugh
[07:10] {Threei} tough read ese
[07:10] {Threei} 11 looks like valid trigger with .84 stop
[07:10] {Threei} but it's not an easy read by any means
[07:10] {lumdus} cphd break we take ?
[07:10] {Threei} swee, normally you would want axctual break of 11 for this kind of trade
[07:10] {esemde} think i'm gonna go half lot ...if market improves
[07:11] {Threei} but if it does break, there are just no offers for a reasonable entry
[07:11] {esemde} true
[07:11] {Threei} what I would do if I wanted it badly:
[07:11] {Threei} limit entry 11.02
[07:11] {Threei} if it breaks 11, bid there and either they sell it to you or let it be
[07:12] {esemde} tks
[07:12] {magoo} l grmn
[07:12] {magoo} .75
[07:12] {Threei} CPHD is near impossible to regulate risk lum
[07:12] {dino} gme l .50
[07:13] {Threei} it can teleport 50 cents on you
[07:13] {lumdus} oh really ouch .
[07:13] {dptl} out .18 the rest etfc....ty
[07:13] {BillyD} gj dp
[07:13] {Threei} look at 10:01 and 10:05 bars
[07:13] {Threei} welcome dp, you played it very well
[07:14] {dino} gj dp
[07:14] {dptl} ty
[07:14] {Threei} stop to 3.09 ETFC
[07:15] {Threei} enough games, these pullbacks on it are gut-wrenching
[07:15] {Threei} out
[07:15] {magoo} man..naz fakeout
[07:15] {BillyD} wanted SEED on last pullback but couldn't be convinced on entry
[07:16] {Threei} sorry Billy, all I could provide on SEED is very general read over last few days
[07:16] {Threei} near impossible to nail an entry on intraday basis
[07:16] {BillyD} yeah.....and will need to breathe thru deep pullbacks no matter it seems
[07:17] {Threei} this kind of plays is Roman's territory, he gets them early or on big pullbacks
[07:20] {dino} out gme .74, +.24
[07:20] {Threei} lum, watched CPHD?
[07:20] {magoo} my arca quotes still bad
[07:21] {Threei} see why I am so hesitant on it?
[07:21] {lumdus} yeah, very wacky one
[07:21] {Threei} 10:18 bar, down 50 cents on volume 3900 shares
[07:22] {bruce} plce dino
[07:23] {esemde} AKNS long half lot 11.02
[07:23] {dino} dk retailers?
[07:24] {bruce} etfc was less than .60 c vad
[07:25] {bruce} unfortunately we caqn't count it
[07:25] {Threei} we can - as a horrible trade
[07:25] {bruce} k
[07:25] {bruce} lol
[07:25] {magoo} can't get any mkt luv for grmn trade..hl
[07:26] {Threei} SEED heard my "11-12" forecast
[07:26] {bruce} nvda short?
[07:26] {Threei} no read NVDA
[07:27] {bruce} k
[07:27] {BillyD} you in SEED Vad
[07:28] {esemde} AKNS stop to 11.00
[07:28] {dino} crai
[07:31] {magoo} jaso up 4 today
[07:31] {bruce} crai is thinner than twiggy dino
[07:32] {esemde} thinner twiggy......hahahah good one
[07:32] {dino} lol
[07:32] {dino} you don't like the thin ones?, :)
[07:32] {Threei} not anymore billy
[07:32] {esemde} keep them entertainment jokes comin....i can understand those
[07:33] {bruce} looks easy to lose 1
[07:33] {bruce} 1$
[07:33] {Threei} EX-FED OFFICIAL MOSKOW: SAYS AT LEAST ANOTHER 50 BPS IN RATE CUTS LIKELY AFTER JAN FOMC MEETING
[07:33] {Threei} - Says that in his opinion, the Fed has not fallen behind the curve on rate cuts
[07:33] {dino} -250 coming
[07:34] {dino} fallen behind, i think they've been run over
[07:34] {magoo} mean mkt
[07:34] {magoo} and thats polite
[07:34] {Threei} nice one AKNS ese
[07:34] {BillyD} not doing much here at all
[07:34] {Threei} you got your feel per that scenario?
[07:35] {Threei} fill
[07:35] {magoo} any play on seed vad..i mean..
[07:35] {lumdus} mean market is right magoo
[07:35] {Threei} not by technical mags... "frenzy" type of play
[07:35] {Threei} you know what I mean
[07:36] {magoo} yes, were pullbk entry?.9.50 area?
[07:36] {dino} crai left w/o us
[07:36] {Threei} that would be technical magoo... and this one does not obey them
[07:37] {Threei} NVDA .31
[07:37] {bruce} leery of longs now dino
[07:37] {Threei} long
[07:37] {magoo} afraid to hit say 10...got me on that another day
[07:37] {BillyD} gotta watch SEED for the pullback slow pause then and hit the very beginning of next little frenzy
[07:37] {Threei} stop .19
[07:38] {magoo} in nvda
[07:38] {Threei} didn't trigger yet
[07:38] {magoo} sure .30?
[07:38] {magoo} oops
[07:38] {magoo} .31
[07:38] {magoo} man - o- man
[07:40] {esemde} anybody have the feeling the market is going to make a big comeback today......just a feeling you understand....it's sold down for sure but not hard
[07:40] {Threei} I do
[07:41] {esemde} what Vad....can't explain mine
[07:41] {esemde} thats why....
[07:41] {dptl} still valid nvda?
[07:41] {Threei} yes
[07:41] {magoo} wish big ben would surprise right NOW and crush shorts
[07:42] {Threei} 1:1 NVDA
[07:42] {dptl} out ty
[07:42] {Threei} :)
[07:42] {dino} ceco
[07:42] {BillyD} wtg dp, you been scalping well
[07:43] {dptl} ty
[07:44] {dino} ceph
[07:45] {esemde} still curious to know why you feel market is coming back today Vad....I have no reason for my feeling just a feeling
[07:45] {magoo} com'n power up
[07:45] {Threei} just a feeling... hard to analyse it
[07:46] {magoo} subliminal
[07:46] {Threei} down became too easy and too obvious
[07:46] {Threei} CSUN??
[07:46] {esemde} tks...i;m likin my AKNS trade up .47
[07:47] {BillyD} nice ese
[07:47] {Threei} can't blame you for liking it :)
[07:47] {esemde} out AKNS.55 +.53
[07:47] {Threei} CSIQ small shares long as close to 23 as possible
[07:47] {dptl} nice ese
[07:47] {Threei} not a scalp
[07:48] {magoo} u in or out nvda vad?
[07:48] {Threei} out, just a scalp
[07:48] {magoo} ok
[07:49] {dino} ceco l .00
[07:50] {esemde} tks dp
[07:53] {esemde} SEED
[07:54] {esemde} COIN heres another one of those agricultural stocks
[07:57] {magoo} out nvda .46 TY
[07:57] {Threei} whew... welcome
[07:57] {Threei} you are scaring me :)
[07:58] {bruce} ceco stop .80 or so dino?
[07:58] {dino} .73 for me
[07:59] {bruce} k
[07:59] {dino} ceph l trig .50 imo, fast drop
[07:59] {magoo} stropped grmn
[08:00] {Threei} in CSIQ .15-.16, stop under 23
[08:00] {dino} llnw
[08:01] {Threei} LLNW TICKING HIGHER, HEARING STRENGTH BEING ATTRIBUTED TO NEWSLETTER MENTION CONCERNING CO. AS POSSIBLE ACQUISITION TARGET- Microsoft mentioned as potential acquire
[08:02] {dino} high end of guidance too, just issued
[08:02] {dino} ceph l .50
[08:04] {Threei} stopped CSIQ
[08:04] {dino} out ceph .84, +.30
[08:04] {lumdus} hoof
[08:04] {dino} .34
[08:04] {lumdus} was just about to get into csiq
[08:04] {BillyD} Overall mkt makes or breaks these plays huh Vad
[08:04] {magoo} me three
[08:04] {Threei} yup
[08:04] {BillyD} they look good.....mkt drops people follow
[08:05] {dino} tighten ceco to .84, won't move
[08:06] {bruce} thanx - just had same idea dino
[08:06] {dino} ugh ceph
[08:07] {dino} np
[08:07] {dino} you get ceph?
[08:07] {bruce} no
[08:07] {dino} bummer
[08:08] {dino} itri
[08:08] {magoo} why fight it...? we should have shorted ytops
[08:08] {bruce} it was a nice one
[08:09] {magoo} nvda should bounce again
[08:09] {bruce} agreed mags
[08:09] {magoo} end of world this weekend bruce
[08:09] {bruce} we may get up later but looks like we'll get more down first
[08:10] {bruce} I like it short at moment
[08:10] {dino} trade in the present
[08:12] {magoo} read on SOLF lord vader?
[08:12] {Threei} none
[08:13] {bruce} doing that dino
[08:13] {bruce} plce looks long if beaks .75
[08:13] {dino} agree
[08:14] {magoo} mkts will never ever be green again
[08:14] {magoo} EVER
[08:14] {bruce} never
[08:14] {bruce} ever
[08:14] {bruce} ever
[08:14] {bruce} ever
[08:14] {bruce} mags
[08:14] {magoo} actually, u would think shorts would cover before weekend
[08:14] {bruce} short it all NOW!
[08:15] {bruce} lol
[08:15] {Threei} well... anyone's up to a bet we close green?
[08:15] {bruce} wishy washy
[08:15] {Threei} my wager is 2 mongol tougricks
[08:15] {magoo} ok
[08:15] {magoo} thro in a camel??
[08:16] {Threei} nope
[08:16] {magoo} how about pack of camels?
[08:16] {Threei} I'll need it to negotiate the dessert on my way to a cave if I lose
[08:16] {bruce} llahma's?
[08:18] {dino} pwrd
[08:18] {bruce} tho0ught you was laready trading from a cave vad
[08:18] {magoo} hes out on a vodka run
[08:18] {magoo} ran out
[08:18] {Threei} magoo got it
[08:19] {Threei} {SEED} 11 you said?
[08:20] {magoo} well..how do we get in?
[08:20] {magoo} 10.25?
[08:20] {magoo} 10.67?
[08:21] {magoo} bruce method??
[08:21] {Threei} read my previous comment on it
[08:21] {magoo} i can't read
[08:21] {Threei} ah
[08:21] {dino} sm wide l itri .60
[08:23] {dino} mtrx strong again
[08:23] * bruce slaps magoo around a bit with a large trout
[08:24] {dino} ceco stopped .86, -.14
[08:27] {bruce} yep .85 for me
[08:31] {dino} good stop, better others
[08:31] {dino} you get itri?
[08:31] {magoo} [11:14] {bruce} short it all NOW
[08:31] {magoo} nvda worth shot vad}?
[08:32] {Threei} not sure... wierd lag
[08:32] {Threei} way too long for my comfort
[08:32] {magoo} ok..its your banana
[08:32] {dino} out itri .40, +.80
[08:32] {lumdus} looks like reversal happening. banking sector strong
[08:32] {Threei} usually if it follows it follows way quicker
[08:33] {magoo} good insight
[08:33] {lumdus} magoo, let's get some trading in ..
[08:34] {dino} bruce, no to itri?
[08:34] {Threei} NVDA starts looking to me like short on market retreat
[08:34] {Threei} tight stop, .35
[08:35] {lumdus} man, this market is damm choppy
[08:35] {lumdus} was like this yesterday also ?
[08:35] {Threei} it's nothing vs yesterday lum
[08:35] {lumdus} happy i was away.
[08:36] {dino} so were we, :)
[08:36] {Threei} lol
[08:36] {dino} bustin' ya
[08:36] {Threei} short NVDA half lot
[08:36] {dino} taking a break 4/5
[08:36] {lumdus} stop ?
[08:37] {Threei} [11:34] {Threei} NVDA starts looking to me like short on market retreat
[08:37] {Threei} [11:34] {Threei} tight stop, .35
[08:38] {Threei} 1:1 in a hurry
[08:40] {Threei} half out
[08:40] {Threei} stop to .21
[08:41] {magoo} ok lum..this is what i am looking for
[08:41] {magoo} if IF the markets bounce hard
[08:41] {lumdus} what a good trade. yeah, nice to have one
[08:41] {magoo} half lot long grmn
[08:42] {magoo} BUT..wicked animal..so u must keep the stop at .50 cents
[08:42] {magoo} could kill
[08:42] {magoo} on other side..if mkts go green may get multi points
[08:43] {magoo} i'll call my entry but u must keep the stop
[08:43] {magoo} may not even setup
[08:43] {magoo} i looking for recovery in mkts
[08:44] {lumdus} damm, i scalped xmsr .. the only i shouldn't have
[08:49] {Threei} stop to .16 NVDA
[08:50] {dino} gme l .50
[08:50] {BillyD} IDIX hangs around
[08:52] {Threei} ETFC too
[08:52] {magoo} nice read nvda vad...its your baby
[08:53] {Threei} not always obeying one... but little spanking goes a long way
[08:55] {Threei} time to lose that 27
[08:56] * Threei shows NVDA 2x4 endowed with rusty nails behind his back
[08:56] {BillyD} ETFC may be worth a shot if takes .25
[08:59] {esemde} thinkin long AKNS againaround .45
[08:59] {esemde} looks like a repeat of the morning setup
[09:00] {lumdus} damm xmsr wiped me out and ran like hell
[09:00] {dino} xmsr
[09:00] {BillyD} if INET lags we'll have no L2 on alot stocks
[09:00] {esemde} i was watching that lum.....where were you in
[09:01] {lumdus} ese i got out 11.07
[09:03] {esemde} damn....look at that jump
[09:03] {dptl} etfc .25?
[09:03] {Threei} no read, sorry
[09:03] {BillyD} setup is good dp, but hard to tell with this kind of day
[09:04] {dptl} ok
[09:04] {esemde} i'm off ya'll have a great weekend.....AKNS will have to wait
[09:04] {BillyD} momo would have to pick up pretty good imo
[09:04] {Threei} take care ese, have a good one
[09:04] {Threei} great job today
[09:04] {BillyD} byde ese
[09:05] {dino} sm wide l itri .40
[09:05] {lumdus} esse, i guess we should all leave. can't get anything normal today.
[09:10] {bruce} alxn here w stop to 65?
[09:10] {bruce} nah - dont think its done dropping yet
[09:10] {dino} around 65 strike most likely
[09:11] {lumdus} qcom breaking
[09:13] {dino} pspt
[09:14] {dino} no news
[09:14] {dino} yes, boosts offer
[09:14] {dino} 17/
[09:18] {BillyD} some mkt spike out of nowhere
[09:19] {Threei} and immedfiate drop
[09:19] {lumdus} ys, billy i can't trade this market. it spikes stops.. no idea what to do here.
[09:19] {Threei} fun conrtinues
[09:20] {bruce} ceco closing in on bottom now dino?
[09:21] {lumdus} 3i, this is not fun .. i can't make any normal trades today
[09:21] {dino} size down lum, and widen
[09:21] {patience} haven't made any so far lumdus...big day for me yesterday....zippo today
[09:22] {bruce} missed alxn
[09:22] {BillyD} do nothing lum imo
[09:22] {Threei} I called them when there was readability
[09:22] {lumdus} patien, my problem was i didn't scalp quickly today. great trades. and the one i scalped outch !
[09:22] {dino} alxn was a beauty,
[09:22] {Threei} noted how I went increasingly inactgive as market went into this wierd mode?
[09:22] {dino} friday always scalp, imo
[09:23] {lumdus} 3i, was hard to follow you today. had no idea when you made recommendation or not.
[09:23] {Threei} huh?
[09:23] {Threei} [09:33] {Threei} ETFC... 3 is long trigger with .84 stop
[09:23] {Threei} [09:34] {Threei} daytrade, not a scalp for me
[09:23] {Threei} how is it unclear?
[09:24] {lumdus} my attention not soo good.
[09:24] {Threei} then let's word things right... it's not me who was hard to fllow {G}
[09:24] {BillyD} nasty drop
[09:24] {BillyD} just gotta laugh
[09:24] {lumdus} right excactly 3i
[09:25] {lumdus} drop out of nowhere. what the heck. could have been short pizza and you make money
[09:25] {magoo} i did only 3 trades
[09:25] {bruce} weird mode is appropriate for this crowd vad
[09:25] {lumdus} i am looking for #3 trade
[09:25] {bruce} especially mags
[09:25] * bruce slaps magoo around a bit with a large trout
[09:26] {magoo} all good , all vads..and as ding dong says..all a lil LUCKY
[09:26] {dino} you don't appreciate the luck factor
[09:26] {bruce} watching ceco here dino
[09:26] {dino} and how come i didn't hear one easy button?
[09:26] {dino} done w/ceco
[09:27] {magoo} sorry..missed 4 which was my own..the dastardly garmin
[09:27] {magoo} number 4 trade that is
[09:27] {magoo} so 3 for 3 vad..0 fr 1 magoo
[09:27] {magoo} hmmmmmmmm
[09:27] {magoo} whats that tell u???
[09:27] {bruce} k-feeds ceco to dogs
[09:28] {dino} you can bruce, i'm just not on it
[09:28] {BillyD} magoo, there's no shame in humuility w/ profit
[09:29] {magoo} shame? no worries there...i shameless at this point in trading career...just gimmee the CAKE
[09:29] {BillyD} hehe
[09:29] {bruce} you can have cake
[09:29] {bruce} I'll take the icing
[09:30] {BillyD} icing and cake come togehter bruce
[09:30] {dino} that alxn, what a spot bruce, damn
[09:30] {bruce} any read qcom here vad?
[09:30] {magoo} i actually eat icing out of the can..yum yum
[09:30] {bruce} sorry dino - thought it would drop further bbefore the reverse
[09:30] {Threei} gosh... no
[09:31] {bruce} yummy - canned icing
[09:31] {bruce} and spork
[09:31] {dino} my fault, i wanted 65 and got distracted
[09:31] {bruce} spork w icing
[09:31] {bruce} yessir
[09:32] {dino} thid, thud, thud...dino hitting head against wall
[09:33] {bruce} whats that for dino?
[09:33] {bruce} you want some of that icing?
[09:33] {dino} alxn
[09:33] {bruce} it's done
[09:33] {bruce} no worries
[09:34] {bruce} lots more
[09:40] {bruce} tleo
[09:41] {lumdus} in rimm 94.93 stop 94.78
[09:42] {dino} tleo, one more whoosh down imo
[09:43] {lumdus} oh, now you tell me .. geesh
[09:44] {lumdus} and here comes the woosh ?
[09:44] {dino} who knows lumdus
[09:44] {dino} i don't, just gut feel
[09:45] {dino} which is 7 lbs. lighter, so probably not as accurate
[09:45] {lumdus} yeah, my feel was rimm was trying to recover.
[09:45] {lumdus} but now it looks it want's to mkae me crazy
[09:45] {dino} lol, i was talking tleo
[09:45] {dino} and i was wrong
[09:46] {dino} bruce is turning into a capitulation maniac
[09:46] {lumdus} if don't go now it never goes
[09:47] {bruce} looking for em dino
[09:47] {bruce} need your help w entrys and stops
[09:48] {dino} they act like markets, usually go further than you think
[09:49] {dino} and by the way bruce, thx, you've helped me with a grand or more this week
[09:49] {lumdus} rimm.. working
[09:49] {lumdus} out
[09:50] {lumdus} now watch rimm go to 98
[09:50] {lumdus} gosh,
[09:50] {dino} gj
[09:50] {bruce} cool beans dino
[09:50] {lumdus} rim +.48
[09:52] {dino} i owe you a couple drinks
[09:52] {magoo} i have re apptmt at 1:15 , will be out untill 2:30 i believe
[09:52] {magoo} i know billy,bruce, vad...u gonna make a killing while i out
[09:52] {BillyD} fingers crossed
[09:53] {bruce} possible breakout in plce here - any read vad?
[09:54] {bruce} yep - we're planning on it mags
[09:55] {Threei} chart is right... I just don't know how reliable breakouts are right now
[09:56] {bruce} k- noted - passing for moment
[09:58] {lumdus} nother spike
[09:59] {bruce} apol setting up long here too
[10:04] {bruce} trying ceco long here
[10:06] {bruce} stopped
[10:07] {lumdus} the usual for today
[10:08] {bruce} still looks like it might work - mqay have set stop too tight
[10:30] {dino} rvbd
[10:30] {Threei} FED'S MISHKIN: SHOULD NOT USE CURRENCY DEVALUATION AS A TOOL TO DRIVE THE ECONOMY- says Fed must concern itself with both sides of its mandate, growth and price stability
[10:31] {dino} missed tleo, was at .95
[10:32] {BillyD} why doesn't Fed just say: let's get the country out of debt and the rest will take care of itself
[10:33] {dino} you don't want that bd, markets will go down hard
[10:33] {dino} whenever we go to that type of mandate, stocks go down
[10:33] {BillyD} I know dino, correction would be too severe
[10:34] {dino} ken fisher, "the only 3 questions that count"
[10:34] {dino} and in any case, as a percentage, it's really nothing
[10:37] {lumdus} amzn would be good long if we reverse at all
[10:39] {BillyD} where's magoo, CAKE new high
[10:40] {dino} real estate shopping
[10:40] {BillyD} is he buying new home for investment or living
[10:41] {dino} investments, multi-family units
[10:41] {lumdus} i am actually thinking to buy a dbi and short a jbe :)
[10:41] {lumdus} it's all working backwards today.
[10:41] {BillyD} lol
[10:41] {dino} lol
[10:50] {dino} itri stopped
[10:51] {dino} tleo
[10:58] {dino} meli lod
[10:59] {Threei} intriguing how IDIX is holding
[10:59] {BillyD} yes
[10:59] {BillyD} pretty solid
[11:02] {dino} theres my 250-
[11:03] {dino} do i hear -300?
[11:03] {patience} you do
[11:04] {dino} i think so too
[11:05] {dino} just got my new office plaque
[11:06] {BillyD} what does it say
[11:06] {dino} "if you're going thru hell, keep going"
[11:06] {BillyD} lol
[11:06] {dino} wall street creations .com
[11:07] {dino} fits this market, lol
[11:09] {dino} tleo l .06 stop lod
[11:10] {Threei} do we dare try IDIX .30?
[11:10] {BillyD} thinking same ...a teaser
[11:12] {lumdus} do we dare try anything ?
[11:12] {dino} thats why we do
[11:15] {bruce} damn right dino
[11:15] {bruce} is mags gone yet?
[11:17] {lumdus} bbbt breaking highs . nice to see in this market
[11:17] * bruce slaps magoo around a bit with a large trout
[11:17] * bruce slaps magoo around a bit with a large trout
[11:18] {bruce} let the market crash and burn
[11:18] {bruce} shorts work faster anyway
[11:18] {Threei} my IDIX stop is .23
[11:19] {Threei} and if it shakes me out I am going to hate it for 1 min 17 seconds
[11:19] {dino} y es still gone
[11:20] {bruce} thank goodness
[11:20] {bruce} now we can do some serious trading
[11:21] {dino} chtt
[11:21] {dino} lol
[11:22] {lumdus} bruce i like long bbt and qcom. anybody comment ?
[11:23] {dino} dk
[11:26] {dino} dtsi
[11:26] {BillyD} HMIX
[11:36] {bruce} out of action lum- computer freeze
[11:37] {Threei} I am at serious risk of dislocating my jaw... noone is allowed to yawn that wide
[11:37] {BillyD} should you dislocate, we have a remedy
[11:37] {Threei} as in?
[11:37] {Threei} punch in the jaw?
[11:37] * BillyD slaps Threei around a bit with a large trout
[11:38] {Threei} thought so
[11:38] {BillyD} sorry, that was mean
[11:38] {BillyD} hehe
[11:38] {Threei} it was... what else is new?
[11:38] {Threei} I'll start worry when you guys stop being mean
[11:40] {lumdus} market starting to move a little here. my interesting to find a trade :)
[11:40] {bruce} rebooted - back in action
[11:41] * BillyD slaps bruce around a bit with a large trout
[11:41] {BillyD} welcome back
[11:41] * bruce slaps BillyD around a bit with a large trout
[11:41] * bruce slaps Threei around a bit with a large trout
[11:41] {bruce} open your mouth too wide -
[11:41] {bruce} get a trout dropped in
[11:41] {bruce} nice and raw
[11:41] {bruce} ummm
[11:41] {bruce} sushi
[11:43] {lumdus} in amzn 81.12 stop 81.06
[11:43] {lumdus} just getting bored of this wacky action. at least stop is close
[11:45] {lumdus} hoping for some type of mini rally somwhere today
[11:45] {dino} rallllly
[11:45] {bruce} congrats lum
[11:45] {bruce} nice move
[11:45] {bruce} time to exit
[11:46] {lumdus} looking if it can break .50
[11:47] {bruce} k- hope it works
[11:48] {lumdus} not high hopes for anything today. everyting didn't work more then a few cents
[11:48] {BillyD} you had +.35 on AMZN lum
[11:48] {dino} gj
[11:49] {lumdus} i have only +.22 crap
[11:52] {lumdus} in qid 44.83
[11:52] {lumdus} stop 44.74
[11:52] {lumdus} starting to trade for the day . let's see if ican get some nice reversal anywhere.
[11:53] {bruce} qcom hod
[11:54] {dino} faked out rally
[11:55] {magoo} back
[11:55] * BillyD slaps magoo around a bit with a large trout
[11:55] {BillyD} welcome back
[11:55] {lumdus} think qcom can make a move without averages helping ?
[11:55] {magoo} how many big hits without me?
[11:56] {lumdus} qid might do it
[11:56] {BillyD} just the one you just got
[11:56] {bruce} nothing but wins mags
[11:56] {bruce} sory to tell you
[11:56] {bruce} vad posted 2 of his +.60 trades
[11:59] {Threei} hatred countdown for IDIX started
[11:59] {dptl} stopped idix
[12:01] {lumdus} qid out +.27
[12:02] {patience} nice lumdus
[12:02] {lumdus} tx.. all day couldn't do a damm thing
[12:02] {patience} you're ahead of me
[12:05] {bruce} ceco did make a nice recovery dino
[12:06] {BillyD} yoyo
[12:07] {lumdus} patience, i just can't figure out when to sell and when to hold.. i get the good trades but mess them up all the time
[12:07] {bruce} solf here dino?
[12:09] {patience} i would work with vad then.....each person has different risk/reward tolerances and timeframes.
[12:10] {BillyD} lum, make a plan and sell 1/2 with decent profit
[12:10] {dino} back
[12:10] {dino} i don't play solf
[12:11] {dino} look at oih, look at fslr, spwr
[12:11] {patience} dino is going to hit 300 soon
[12:11] * Chaeron goes long DINO :)
[12:12] {dino} wow, -293, didn't realize was at bus stop
[12:13] {Threei} sooo... I guess no green close today?
[12:13] {Chaeron} still early Vad... heheh
[12:13] {dino} rate cut coming monday
[12:13] {Threei} why wait... today is just as good
[12:15] {Threei} feels like there was storng speculation about emergency cut before the week end, and this selling is "oh well, didn't happen" thing
[12:16] {dino} all things considered gme holding well today
[12:16] {bruce} grmn dino
[12:18] {dino} dk
[12:19] {dino} ulbi
[12:20] {magoo} i was out, so u guys looking/in anything here?
[12:20] {lumdus} not for a while maggo
[12:21] {dino} adding a couple sm swings soon
[12:21] {patience} dino gets another gold star
[12:22] {dino} for what
[12:22] {lumdus} magood we all hoped for a bounce and all we getting is wacked
[12:22] {patience} sigh.....dino....we passed the -300 mark
[12:23] {dino} oh ty, lol. i think you said same
[12:24] {lumdus} man, ho low can this market go
[12:24] {dino} zero
[12:24] {lumdus} the only thing able to get long was qid. the rest scalp for cents
[12:24] {dino} 11,600
[12:25] {Threei} lol... QID is not an independent stock lum
[12:25] {Threei} it goes up exactly because NASDAQ goes down
[12:25] {lumdus} oh, darn .. didn't even know that. too funny
[12:26] {bruce} l grmn 71.44
[12:26] {dino} rvbd l sm .90, stop lod
[12:27] {dino} vmsi
[12:28] {dino} roflol lum
[12:29] {magoo} funny, but my original thought and i posted was "why fight it...go short"
[12:29] {magoo} had grmn 75..should have shorted
[12:30] {magoo} if times are going to be rough..we need to think short
[12:30] {bruce} stopped
[12:31] {magoo} even on big up days, stocks stioll pullback and breathe
[12:31] {magoo} on bad days they mostly tank
[12:31] {Threei} you sound as if we never shorted
[12:31] {magoo} no NO...just stating my concerns here
[12:31] {magoo} we shorted nvda
[12:32] {magoo} tend to think long first
[12:32] {dino} cnbc puts up, ...declines for this week were smaller than last week..............what the f#
[12:32] {Threei} rofl
[12:33] {dino} guess that should nmake you feel better, you lost again, but not quite as much
[12:33] {magoo} vad, look nvda
[12:33] {magoo} stilkl running w/qqqq
[12:34] {magoo} grmn disconnected or the best delay in history of follopwers
[12:34] {Threei} can you read Qs here?
[12:34] {magoo} boy..u picking on me
[12:35] {magoo} no, i meant charts are same
[12:35] {Threei} no, trying to make a point
[12:35] {magoo} so, if qqq roll over nvda rolls, if poer up, nvda power up
[12:35] {Threei} if it goes with Qsd, you can play it if you have a readon Qs
[12:35] {magoo} CRANKY russian
[12:35] {Threei} sheesh... are you projecting something?
[12:36] {magoo} no huh?
[12:37] {dino} thinking a cold one in 20 magoo
[12:37] {magoo} make it 10..and get vad one:)
[12:38] {lumdus} reversal today might just be wishful thinking for whoever was thinking
[12:38] {dino} adding sm itri here
[12:38] {BillyD} roflol
[12:38] {magoo} i think shorts are covering
[12:38] {magoo} friday
[12:38] {magoo} usually do
[12:38] {magoo} plus big ben fear now
[12:39] {lumdus} so you think we have rally soon ?
[12:39] {magoo} well..i dunno
[12:39] {dino} doesn't matter what you think lum, just react
[12:39] {Threei} what are we having last 20 min or so?
[12:39] {dino} itri working
[12:39] {Threei} I feel like I am in some kind of twilight zone :)
[12:40] {magoo} explain please
[12:40] {dino} odd
[12:40] {magoo} tweilight comment i mean
[12:40] {lumdus} can't react frozen in my chair
[12:40] {dino} made up about 85 pts
[12:41] {magoo} lum, don't have too..tough days no mandatory rule u must trade
[12:41] {magoo} wait for easier days..easier battles
[12:41] {lumdus} yeah, i am starting to learn that
[12:41] {magoo} i stopped all trades i believe by 11:30
[12:41] {dino} keep it simple, less you think is better
[12:42] {BillyD} amen dino
[12:42] {dino} itri out .14, +.24
[12:42] {magoo} i thought it went "less u DRINK is better"
[12:42] {magoo} oh, that can't be right
[12:42] {dino} lite beer magoo, we drink more
[12:43] {magoo} i knew it was something like that
[12:43] {lumdus} magoo, i don't know always when to stop... so i guess i need to bve advised somethime
[12:43] {magoo} vad, seed held well
[12:43] {Threei} very
[12:43] {dino} stops are the skill, all else is luck
[12:43] {Threei} and with not much regard to market
[12:43] {magoo} next week u gonna get your 12
[12:44] {magoo} if IF mkt rebounds at all
[12:44] {dino} markets like this size down go wider lum
[12:44] {magoo} sounds like dino's dates
[12:44] {Chaeron} *groan*
[12:44] {magoo} vad, dcc
[12:45] {dino} ohhh mannnn
[12:47] {dino} out rvbd .14, +.24
[12:48] {dino} and thats a wrap. thx all
[12:49] {Threei} scalped SEED... sorry, just couldn't bring myself to call it
[12:49] {lumdus} oh, well i guess i am done here for the day
[12:50] {lumdus} scalped grmn +.55 wow !
[12:50] {Threei} rofl
[12:51] {BillyD} Vad, where was entry around .38-.43
[12:51] {Threei} make up your mind... either you are done or you scalp GRMN
[12:51] {lumdus} got it 70.88
[12:51] {lumdus} i was in the scalp before i posted.
[12:51] {dino} gj lum.
[12:51] {Threei} .25 first time billy
[12:51] {lumdus} 3i, i started thinking this PM whatever i usually do i do the opposite
[12:51] {dino} i quit and lum makes the cake
[12:52] {dino} i used to do that lum, thats funny
[12:53] {Threei} I won't be surprized to see gap on SEED on Monday
[12:53] {Threei} amazing strength
[12:53] {magoo} yeah..its the setup
[12:53] {dino} adding some gme for swing
[12:53] {magoo} strong on poor day
[12:53] {magoo} power inyto bell
[12:53] {Threei} and frenzy
[12:53] {dino} adding some sigm too
[12:53] {magoo} may do 11 now
[12:54] {Threei} if takes .80
[12:55] {Threei} no news still
[12:55] {Threei} beautiful breakout of triangle
[12:55] {Threei} volume is jjust right
[12:56] {magoo} ok, done see all monday
[12:56] {Threei} lol, I feel mags just scalped it
[12:56] {Threei} fess up
[12:56] {Threei} did ya?
[12:56] {magoo} wink wink
[12:57] {Threei} no, seriously?
[12:57] {magoo} no i did not
[12:57] {Threei} OK... I know you not that well as I thought I did then :)
[12:57] {dino} he better not, i sent him for beer
[12:57] {Threei} OK guys, thank you all
[12:57] {dino} whens the cruise vad?
[12:58] {magoo} sheesh..now i feel like let u down
[12:58] {BillyD} by all...cya monday
[12:58] {Threei} lol
[12:58] {Threei} have a great weekend, next week will be better
[12:58] {dino} cya bd
[12:58] {dptl} have a good weekend all
[12:59] {lumdus} i hope so vad. very rough. but at least nice positive today. man, rought one
[12:59] {Threei} COIN moved too btw
[12:59] {Threei} this is sector strength
[12:59] {dino} gj lumdus
[13:00] {Threei} 11 on the nose
[13:00] {dino} take care all
[13:01] {bruce} I'm trying to open a screen in laser
[13:01] {bruce} opening a boardview to list stocks
[13:02] {bruce} but it opens at top of screen without columns showing
[13:02] {bruce} and wont let me grab it
[13:02] {bruce} anyone know how I cqan grab and move it?
[13:04] {bruce} guess not
[13:04] {bruce} good wkend all
Friday, January 11, 2008
Thursday, January 10, 2008
January 10, 2008
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
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
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
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