Dec 11 00:00:01 2008

Great start of the day with silver and gold stocks. Drab afternoon with some scalps, some stops - pretty much a wash. On the total, another nice day that we could pretty much end in an hour after open. Had a chance for a nice real time demonstration of trades based on former resistance/new support.

                     

Session Time: Thu Dec 11 00:00:01 2008

[08:10] {Threei}  PREVIEW: US INITIAL JOBLESS CLAIMS DATA DUE OUT AT 8:30 AM ET

[08:10] {Threei}  - Expectations for initial claims are 525K v prior release of 509K

[08:10] {Threei}  - Continuing claims seen at 4.100M v prior 4.087M.

[08:18] {Threei}  BALTIC DRY BULK INDEX +2.9%

[08:19] {Threei}  A FOURTH STRAIGHT INCREASE

[08:19] {Threei}  {DRYS EGLE DSX EXM}

[08:30] {Threei}  INITIAL JOBLESS CLAIMS: 573K V 525KE; CONTINUING CLAIMS: 4.429M V 4.100ME

[08:30] {Threei}  yikes

[08:31] {Threei}  *OCT TRADE BALANCE: -$57.2B V -$53.5BE

[08:39] {Threei}  DRYS

[08:39] {Threei}  10.02 yest low

[08:39] {Threei}  loses 10 now

[08:40] {Threei}  small shares short

[08:40] {Threei}  ugh

[08:40] {Threei}  don't chase

[08:42] {Threei}  got just 200 shares

[08:42] {Threei}  hardly worth much... but will consider it morning warm-up

[08:42] {Threei}  covered half .80

[08:43] {Threei}  ummm... half of 200 shares {G}

[08:43] {_elepet} I am having trouble understanding what goes on.  could you please explain in detail what you just did?

[08:43] {Threei}  shorted 10 breakdown on DRYS

[08:44] {Threei}  out 9.59

[08:45] {Threei}  [08:39] {Threei} 10.02 yest low

[08:45] {Threei}  [08:39] {Threei} loses 10 now

[08:45] {Threei}  [08:40] {Threei} small shares short

[08:45] {Threei}  two days support breakdown

[08:45] {Threei}  serves as short trigger

[08:46] {Threei}  helps, elepet?

[08:47] {_elepet} a bit.  now it has started back up. shorts covering?

[08:47] {Threei}  and borttom fishing

[08:47] {_elepet} would you consider buying long at any oint?

[08:48] {Threei}  not yet

[08:50] {Threei}  I don't enter randomly... need a setup

[08:50] {Threei}  that breakdown was one

[08:51] {Threei}  bounce was from arbitrary point, can't read it

[08:51] {_elepet} please explain "setup" in this situation.

[08:51] {Threei}  setup is a certain chart formation

[08:51] {Threei}  providing favorable odds

[09:01] {_elepet} If two days breakin support triggers short, is there anything like that which triggers long?

[09:02] {_elepet} I am somewhat "chart challanged"

[09:03] {_elepet} watching tape, i would have gone long again at about 10.10

[09:04] {Threei}  there are a lot of setups

[09:04] {Threei}  can't really answer that without retyping two books here :)

[09:04] {Geo} gm

[09:05] {Threei}  Geo :)

[09:05] {Geo} i see yo made a killing on DRYS vad :)

[09:05] {Threei}  lol

[09:07] {tomg} good morning all

[09:07] {Threei}  tom :)

[09:08] {tomg} vad, can you look back at 13:49 yesterday and tell me what setup you saw for Q's?

[09:10] {Threei}  pullback after breakout, conservative entry

[09:11] {tomg} ok, ty but it's hard for me to see that one

[09:12] {Threei}  didn't work anyway

[09:12] {Threei}  so who cares {G}

[09:12] {tomg} i saw h&s and failure to make new highs at about 13:17

[09:12] {tomg} i care

[09:13] {tomg} for next time :)

[09:14] {lisa_jay} Charts can be seen differently by different folks.  Just control risk and trade sestup.  Dinoism, Vadism.

[09:14] {tomg} just don't see breakout point, that's all

[09:15] {Threei}  let's try to go over it when it appears next time, easier for me to do it when it's fresh

[09:15] {tomg} ok

[09:15] {Threei}  alzheimer, you know...

[09:15] {Onix} Good morning all

[09:15] {Threei}  plus, I tend to forget about those that don't work in a span of whole 1 minute

[09:15] {Threei}  onix :)

[09:16] {ese} morning

[09:16] {Threei}  ese :)

[09:16] {Onix} hi ese

[09:16] {KSystems} Good morning!

[09:16] {Threei}  ks :)

[09:16] {KSystems} vad :) long time no see

[09:17] {Onix} hi ks

[09:17] {KSystems} hey Onix

[09:17] {Threei}  hey... don't overestimate my alzheimer :)

[09:17] {Threei}  I do remember I've seen you yesterday

[09:18] {brian3579} gm all

[09:19] {dino} gm all

[09:19] {Threei}  brian, dino :)

[09:20] {hawkfan4} morning

[09:20] {_elepet} Oh, good morning everybody.  Am I the only trial member here?

[09:20] {Onix} hi brian & dino

[09:20] {dino} lol, afam out just now +.91

[09:21] {Threei}  hawk :)

[09:21] {hawkfan4} gm elepet, looks that way :)

[09:21] {Onix} gm elepet

[09:22] {_elepet} I have lots of questions. maybe I'll wait for the time of day when the doldroms set in.

[09:22] {patience} that would be august

[09:22] {patience} good morning

[09:22] {Threei}  lol

[09:22] {KSystems} :)

[09:22] {Threei}  good morning patience

[09:22] {Threei}  CIEN

[09:22] {Threei}  CO. BELIEVES IT CAN TURN A PROFIT IN 2009 - CONF CALL

[09:23] {dino} lol patience

[09:23] {dino} welcome to the jungle elepet

[09:24] {Onix} hi patience

[09:25] {patience} hi onix, looking to dump my silver wheaton shortly

[09:25] {patience} will be watching the VIX today, I still can't believe market going up

[09:25] {Onix} yes, i suppose it will move down shortly after opening?

[09:27] {dino} believe patience, believe...plus i have some nice swamp land for sale

[09:27] {Onix} lol

[09:27] {patience} i have some northern ocean front for sale too dino

[09:27] {dino} :)

[09:33] {lisa_jay} .

[09:34] {magoo} lksfdijhfdhfdhjjhl

[09:34] {Threei} Long Setup:  SSRI  half lot 10 break

[09:34] {Threei}  if stays above .85

[09:35] {Geo} 11

[09:35] {Threei}  11, sorry

[09:36] {dino} well the fri close gap filled finally

[09:37] {magoo} SIGH..not one of u gave a "good morning magoo"

[09:38] {lisa_jay} Good morning Magoo.

[09:38] {patience} we know you're shy magoo

[09:40] {Threei}  oh hi magoo

[09:41] {lisa_jay} Are nasdaq stocks updating for you all?

[09:41] {Threei}  yes

[09:42] {lisa_jay} Ok, thanks.

[09:47] {Threei} Long Setup:  RGLD  small shares .50 break

[09:48] {Threei}  stop under .30

[09:48] {Threei}  thin one

[09:49] {Threei}  SSRI will be valid again if pulls back slightly and stays above .85 again

[09:50] {Threei}  or consolidates here for a few minutes

[09:50] {patience} out slw +.93

[09:50] {patience} hated holding overnight

[09:50] {lisa_jay} nice

[09:50] {Onix} gj

[09:50] {Threei}  wtg

[09:51] {patience} ty  :)

[09:52] {peterg} morning

[09:52] {Threei}  peter :)

[09:52] {Chaeron} good morning all.... nice hold patience

[09:52] {Threei}  chaeron :)

[09:53] {dino} gj patience

[09:53] {Threei}  half out SSRI

[09:53] {Threei}  +.20

[09:54] {_elepet} when did you get in. i missed that

[09:54] {Threei}  [09:34] {Threei} Long Setup: SSRI half lot 11 break

[09:54] {Threei}  [09:49] {Threei} SSRI will be valid again if pulls back slightly and stays above .85 again

[09:54] {Threei}  [09:50] {Threei} or consolidates here for a few minutes

[09:54] {KSystems} got from .01 to .19 half, thanks

[09:55] {Threei}  :)

[09:55] {Geo} final target vad?

[09:55] {Threei}  it broke 11 at 9:52 elepet... seee that?

[09:56] {_elepet} yes, but i wasn't clear that you actually bought then. now i see.

[09:56] {Threei}  it triggers, I enter

[09:56] {Threei}  next spike Geo... feeling is somewhere above .40

[09:57] {Geo} ty

[09:57] {magoo} i hit RGLD .38

[09:57] {_elepet} so i guess if i got in now it would be "chasing" and don't do it?

[09:58] {Threei}  that would be a whole lot of chasing

[09:58] {Threei}  we already sold half, why would tou want to enter 3o cents above trigger price

[09:58] {peterg} to make a dime?

[09:58] {Threei}  risking over 30 cents stop? :)

[09:59] {peterg} aha

[09:59] {Threei}  not my idea of right way to trade

[09:59] {wishbone} ssri shares sold 2, 3, 4 at  time

[10:00] {_elepet} I keep watching drys go up. but in never hit your trigger?

[10:00] {patience} slw on coke,,,crying, i left much on the table

[10:01] {wishbone} ssri +.31 ty vad

[10:01] {Threei}  wishbone :)

[10:01] {Threei}  I never had a call on DRYS

[10:02] {dino} what?! patience, just say no

[10:02] {magoo} vad..last night i was dreaming in a trade u called 

[10:02] {Geo} sheesh

[10:02] {patience} bitter bitter tears, i coulda had the 60 inch tv

[10:02] {peterg} the fifty aint half bad

[10:02] {Geo} now thats a true lament patience

[10:03] {patience} funny thing is...i don't watch tv, but my daughter wants one

[10:03] {peterg} of course

[10:03] {tomg} i've done that magoo, more than once :)

[10:03] {Chaeron} day isn't over yet patience...

[10:03] {dino} hearing the same in my house

[10:03] {tomg} would never have admitted in here, though :)

[10:03] {Chaeron} just get another trade

[10:03] {Threei}  mags, consider exiting RGLD into spike over .70

[10:04] {Geo} my 4 year  old went to a friends house and was mortified that they didnt have a tv in their bedroom

[10:04] {Geo} i need to manage expectations better

[10:04] {dino} how do they watch the vidioes then?

[10:04] {Threei}  out second half SSRI .42

[10:04] {peterg} tv in every room?

[10:04] {Geo} lol

[10:04] {Onix} wtg

[10:04] {wishbone} dino lol

[10:04] {magoo} anyone get RGLD with me?

[10:04] {patience} hiding

[10:05] {dino} vno sm l .90

[10:06] {Threei}  [10:03] {Threei} mags, consider exiting RGLD into spike over .70

[10:06] {Geo} exited as per bad 20 cens thanks

[10:06] {magoo} oops lol

[10:06] {Threei}  [10:06] {Threei} [10:03] {Threei} mags, consider exiting RGLD into spike over .70

[10:07] {Geo} all out .49 ssri

[10:07] {Geo} thanks vad

[10:07] {Threei}  welcome

[10:07] {ese} L HERO .72    see if can make the jump to 6}00

[10:07] {dino} vno stopped -.32

[10:07] {magoo} out TY

[10:07] {ese} aggressive entry

[10:11] {dino} vno rinsed

[10:12] {Threei}  WHITE HOUSE: "THERE IS A CHANCE" THAT THE SENATE MAY PASS LEGISLATION REGARDING AUTO AID

[10:12] {Threei}  - Note: Yesterday the Senate Republican caucus was vocally against the bill, and at least one Democratic Senator was also against the bill.{GM F}

[10:15] {magoo} if QQQQ goes up...i like it long here he he

[10:15] {Threei} Long Setup:  QQQQ  30 break if stays above .90

[10:15] {magoo} great minds 

[10:15] {ese} stop to .75 HERO 

[10:16] {Threei}  in Qs aggresively

[10:16] {Threei}  .91

[10:17] {Threei}  stop under .85

[10:17] {magoo} too funny..92 here

[10:18] {Threei}  ideally, it would spike into 30 now for half out, and then broke for another half

[10:18] {Geo} in .91 too

[10:18] {Geo} 10 lots

[10:18] {Threei}  10 eh?

[10:18] {Geo} hehehe

[10:19] {Geo} just helping you along

[10:19] {Threei}  kick it too then

[10:19] {Threei}  ah come on, was almost there

[10:19] {ese} out HERO .94 +.22 on a lot and a 1/2

[10:19] {Threei}  (US) SENATOR CORKER: NOTES THAT MANY REPUBLICNAS WOULD LIKE TO SEE BANKRUPTY FOR AUTO FIRMS

[10:20] {Threei}  wtg ese

[10:20] {ese} volume was kinda thin for  alot and a 1/2 but if ya can't have fun once in a while.........when can ya eh?

[10:20] {Threei}  move your butt QQQQ

[10:20] {Threei}  half out .99

[10:21] {Geo} yessssssss

[10:21] {KSystems} me too

[10:21] {Threei}  had two lots

[10:21] {Geo} me too

[10:21] {KSystems} not me

[10:22] {wishbone} out q's 30

06[10:22] * magoo slaps Geo around a bit with a large a word of caution to the newbie he he

[10:22] {Geo} its thick and gives many chances to be right or wrong

[10:22] {Threei}  sooo

[10:22] {Threei}  stop is .89 now

[10:22] {Threei}  offering 1/4 more 30.10

[10:22] {dino} axys v sm l .30 wide risky

[10:22] {Geo} thanks magoo

[10:23] {magoo} just keep the stops as size goes up bro...trust magoo

[10:23] {Geo} yeah real diligent on stops

[10:23] {magoo} double loses twice as fast 

[10:23] {Geo} agree

[10:23] {Geo} i only do it in QQQQ as small stops and thick

[10:23] {Threei}  it would be so even if you disagreed...

[10:23] {Geo} mannn almost filled

[10:23] {KSystems} I'm waiting at .10 for another 1/4

06[10:24] * Geo slaps Geo around a bit with a large rich and hated manual

[10:24] {Threei}  ah come on

[10:24] {Threei}  ok

[10:24] {Geo} yessssss

06[10:24] * magoo slaps Threei around a bit with a large book of wisdom

[10:24] {Threei}  out 1/4 more

[10:24] {Threei}  stop to .95

[10:24] {Geo} half lot left

[10:24] {Geo} aitting at .2

[10:24] {Geo} sitting

[10:24] {Threei}  offering last portion at the price to be determined yet

[10:25] {Geo} wow hero ese

[10:25] {magoo} hurry up so i can undercut u lol

[10:25] {Threei}  lol

[10:25] {Geo} dont think undersut works in Qs

[10:25] {Geo} gld ill belive and do it !

[10:25] {Geo} hmm undershirt

[10:27] {magoo} out .09

[10:27] {magoo} btw

[10:28] {magoo} id thank u but it was my call he he

[10:28] {Geo} imo pullback only

[10:28] {magoo} [10:15] {magoo} if QQQQ goes up...i like it long here he he

[10:28] {magoo} [10:15] {Threei} Long Setup:  QQQQ  30 break if stays above .90

[10:28] {Geo} sitting at previous close

[10:28] {Geo} shame on vad for mooching

[10:28] {magoo} nobody gets the joke??

[10:29] {magoo} of course if goes up we like it long

[10:29] {Geo} lolol

[10:29] {Geo} dint read detail

[10:29] {wishbone} ty magoo and vad for the synchronized call....is that an o;lympic sport? :)

[10:29] {Geo} ughhhh

[10:29] {Threei}  lol

[10:29] {Geo} ugly image of both swimming

[10:29] {magoo} hmmmmmmmmmm daytrading as an olym sport?

[10:30] {Geo} my burn retinas

[10:30] {wishbone} lol

[10:30] {wishbone} in speedos

[10:30] {magoo} magoo struggling to lift vad on ice

[10:31] {dino} axys stopped -.41 v sm

[10:31] {Geo} it def wants up

[10:32] {Geo} keeping my half lot

[10:34] {Threei}  stop to .99

[10:35] {Geo} any target yet vad?

[10:35] {Threei}  I am out

[10:36] {Threei}  too hard spike

[10:36] {Geo} out at .2

[10:36] {Threei}  yup, same here

[10:36] {Geo} thanks lord vadere

[10:36] {Threei}  welcome

[10:36] {Geo} previous close superstition

[10:36] {Geo} heheh nice out

[10:36] {Threei}  witness the dump

[10:36] {Threei}  lol

[10:36] {Chaeron} Qs in .91 out .18 for +$0.27.... thanks Vad

[10:36] {Threei}  :)

[10:37] {KSystems} is Q's action comparable to NQ?

[10:37] {Threei}  same thing

[10:37] {KSystems} k

[10:37] {Threei}  NQ is futs, Qs is cash

[10:38] {wishbone} geo, previous close superstition?

[10:38] {Geo} .20 was previous close

[10:38] {Geo} i used it as a res to exit

[10:39] {Geo} well no close but high of last candle

[10:39] {Geo} doesnt make sense  so called it superstition

[10:39] {wishbone} gotcha' ty

[10:40] {Geo} switching to profit protection mode....nice day eh vad?\

[10:41] {Threei}  very much so

[10:41] {dino} gj geo

[10:41] {peterg} good-oh gee-oh

[10:42] {dino} vno sm l .50

[10:44] {Threei}  exits into sharp spikes... how I like thee...

[10:44] {peterg} is a spike up or down?

[10:44] {peterg} or both

[10:44] {peterg} depending

[10:45] {peterg} exit into spike....hmmmm

[10:45] {peterg} I see, it is unknown

06[10:45] * Threei slaps peterg around a bit with a large book of Techniques of Tape Reading

[10:46] {peterg} my copy is at home

[10:46] {peterg} my dog ate it

[10:46] {lisa_jay} Vad, if one gets slapped repeatedly with the book can one absorb conents into brain.

[10:46] {peterg} wait, I dont have a gog

[10:46] {peterg} dog

[10:46] {Threei}  sharp upward spike with volume increase signifies what?

[10:46] {peterg} jbe

[10:46] {Threei}  that's the idea lisa

[10:47] {Threei}  JBE is consolidation setup

[10:47] {lisa_jay} Ok, then euphoria....

[10:47] {peterg} yes sensie

[10:47] {Threei}  there

[10:47] {Threei}  Euphoria

[10:47] {peterg} sensei

[10:47] {Threei}  which marks the what?

[10:47] {lisa_jay} Unload shares to suckers like me.

[10:47] {Threei}  lol

[10:48] {dino} lol

[10:48] {peterg} lisa is good student. I was always BAD student

[10:48] {Threei}  politically correct version is, it marks the end of the stage of the move

[10:48] {peterg} but I learned anuyway

[10:48] {lisa_jay} I am good only in theory...

[10:48] {peterg} thats good

[10:48] {peterg} a start

[10:48] {peterg} I learn backwards;

[10:48] {peterg} practice followed by theory

[10:49] {peterg} takes twenty or thirty years per skill

[10:49] {peterg} but when you get it its solid

[10:57] {lisa_jay} testing

[10:58] {Threei}  A+

[10:58] {lisa_jay} Thanks Vad.

[10:58] {lisa_jay} My microwave kills the connection.   Just wanted to make sure I am connected.

[10:59] {Threei} Long Setup:  GG  .60 break, half lot, if stays above .50

[11:01] {magoo} in gg

[11:02] {wishbone} in gg

[11:04] {Geo} out

[11:04] {wishbone} stopped gg

[11:04] {Geo} at .47

[11:05] {magoo} out

[11:05] {Geo} good to embrace stops

[11:06] {lisa_jay} stopped

[11:07] {dino} obama on

[11:08] {magoo} mkt usually likes osama

[11:08] {Threei}  shakeout

[11:08] {magoo} er um obama

[11:08] {Threei}  grr

[11:09] {Geo} i entered 50

[11:09] {Geo} out 60

[11:09] {Geo} just got the stop back

[11:09] {Geo} when heard the one is one

[11:10] {Geo} vad did you find th symbol?

[11:13] {Threei}  no

[11:13] {Threei}  asked dave to check but forgot to asak him what he found out

[11:15] {KSystems} I need to get the car back

[11:15] {KSystems} back in about 2h

[11:15] {Threei}  volume is so low on thia advance, I can't get a feel

[11:15] {KSystems} dont empty the market completely while I'm away

[11:15] {Threei}  what kind of a car if I may?

[11:15] {KSystems} Mazda MX-5

[11:16] {Threei}  ok... get it back then

[11:16] {KSystems} they sold it in north america as Miata I think

[11:16] {peterg} the cute convertible

[11:16] {Threei}  'cause if it's american-made, you may just as well not to bother {G}

[11:16] {Geo} fancy that

[11:16] {peterg} pls, north american made

[11:16] {Geo} germans buying cheap japanese

[11:16] {Geo} i have a mazda too

[11:17] {lisa_jay} which one Geo?

[11:17] {peterg} soon as vad makes me more money, im getting the big benz

[11:17] {Geo} cant fit in miata though

[11:17] {Geo} old 626

[11:17] {peterg} good car that

[11:17] {lisa_jay} Wow.

[11:17] {Geo} debating pilot or sequoia

[11:17] {peterg} sequoia so big

[11:17] {Threei}  read my lips:

[11:18] {Threei}  Nissan Murano

[11:18] {Geo} i need 3 rows

[11:18] {dino} still waiting for buy one get one free from us carmakers

[11:18] {Threei}  no you don't

[11:18] {Geo} kids + cycle etc in the back

[11:18] {Geo} we have good weather vad

[11:18] {Threei}  put kids on bicycles and make them chase you

[11:18] {Geo} so go out with lot os stuff

[11:18] {Geo} hehehehe

[11:19] {peterg} needs to have ipod connection built in

[11:19] {Threei}  sheesh, how many kids do tyou have??

[11:19] {dino} 3rd row is nice geo, i have it too

[11:19] {Geo} only 2

[11:19] {Threei}  so what's the problem

[11:19] {Threei}  bike rack

[11:19] {Geo} but its a pain when family visits

[11:19] {peterg} but its nice to have them as far back as possible

[11:19] {Threei}  kids go to back seat

[11:19] {Geo} and they visit a lot

06[11:19] * Geo thinks they visit more than they should

[11:20] {Threei}  well... buying bigger car for that you encourage more visits {G}

[11:20] {Geo} lol

[11:20] {lisa_jay} lol

[11:20] {Geo} its their grandkids

[11:20] {magoo} why is everyone ignoring magoo today????

[11:20] {Geo} ok magoo

[11:20] {Threei}  is magoo here?

[11:20] {Geo} which car and how many kids

[11:20] {peterg} who is magoo?

[11:20] {lisa_jay} I thoght you went to the pot** Magoo...market took a dive.

[11:21] {dino} lol

06[11:21] * peterg slaps Geo around a bit with a large diamond-encrusted 1959 Cadillac Coupe DeVille

[11:22] {Geo} yup dino third row is good for visitors and great to pt down and put stuff for day picnics

[11:22] {Geo} i dont like getting slapped with bankrupt company cars

[11:22] {peterg} this is a classic

[11:22] {peterg} monster fins from the past

[11:22] {Geo} how about the phaeton

[11:22] {peterg} the benz ?

[11:22] {peterg} nice

[11:23] {peterg} saw one once, like on rails

[11:23] {peterg} in NYC

[11:23] {peterg} no rolls phaeton

[11:23] {peterg} benz Mayfair, mayback

[11:23] {peterg} maybach

[11:23] {dino} geo, you worry too much, when they discount the cars 10k+, bankruptcy not really an issue, imo

[11:23] {laserdave1} laserdave1 slaps Threei around with a salami sandwhich

[11:24] {lisa_jay} big dive

[11:25] {Geo} hey dave whats the symbol of 30 year treasury bon

[11:25] {Threei}  wow

[11:25] {Threei}  what happened?

[11:25] {Geo} double top

[11:25] {Geo} aint i smart

[11:26] {peterg} qqqq looks like batman

[11:26] {Threei}  rofl

[11:26] {Threei}  what imagination

[11:26] {Geo} 1220 break short NQ in hindsight

[11:26] {dino} lol it does

[11:38] {Threei}  if you had this setup, why not short it on bounce into new resistance/former broken asupport?

[11:38] {Threei}  perfectly touched 1220 on bounce and dropped back

[11:39] {lisa_jay} That would be conservative entry Vad?

[11:39] {lisa_jay} for Double top?

[11:40] {patience} hey dino, how do we close today?

[11:43] {dino} wmt hl .50 l

[11:43] {dino} up the gut says

[11:43] {patience} ty

[11:44] {dino} axys no mercy

[11:45] {Threei}  yes lisa, plus this idea of support becoming resistance

[11:46] {lisa_jay} Ok, thanks Vad.

[11:47] {Threei}  let's do a quick educational review

[11:47] {Threei}  have a look at GG 1 minute

[11:47] {wishbone} ya

[11:48] {Threei}  from 1_45 to 11:20 roughly, it established .50 as support

[11:48] {Threei}  from 10:45

[11:48] {Threei}  11:24 it broke down

[11:48] {Threei}  now, after the drop, bounce reached this level

[11:49] {Threei}  now it served as resistance, and GG dropped off of it

[11:49] {Threei}  made higher low and restested resistance again,

[11:49] {Threei}  with higher low it became more likely to break it this time which it did

[11:50] {Threei}  after break it retreated twice into this former resistance, now support

[11:50] {Threei}  and both times held it, making it possible entry on a long side.

[11:50] {lisa_jay} yes

[11:51] {Threei}  when such pronounced levels are being established, there is ample opportunity for scalpers to play around it

[11:51] {lisa_jay} Vad, when there is a pullback, how do you determine when to enter.

[11:52] {Threei}  pretty much discretionary,

[11:52] {Threei}  general idea is:

[11:52] {lisa_jay} On first sign of strength? or put order in to be hit (which sometimes it does not).

[11:52] {Threei}  when it nears such level close enough for your risk comfort, you are watching for signs of strength resuming

[11:53] {dino} axys sm l .00

[11:54] {lisa_jay} GG goint to retest the .50 level again.

[11:55] {lisa_jay} Took 10c on it Thanks Vad.

[11:55] {Threei}  notice how lower Bollinger band came into .50 at the same time

[11:56] {Threei}  worked perfetcly

[11:56] {Threei}  and lisa profited from very fresh lesson

[11:56] {Threei}  lol

[11:56] {Threei}  could it be any more perfect

[11:56] {wishbone} kick ass....thanks Vad...nice work Lisa:)

[11:56] {Threei}  theory lesson turning into profit 3 mnutes later

[11:56] {lisa_jay} Thanks Wishbone.

[11:57] {Threei}  you guys must allow me one not funny joke for that... and laugh at it

[11:57] {lisa_jay} ok

[11:57] {wishbone} no arguments here!

[11:59] {wishbone} vad would you describe some signs strength?

[12:00] {Geo} forgot your setting vad

[12:00] {Geo} mind sharing the BB setting again?

[12:00] {Threei}  just level 2/T&S wishbone

[12:01] {Threei}  bids strengthening, offers thinning, prints switching to ask side, uptick

[12:01] {Geo} that line is gold vad

[12:01] {Threei}  geo: 13, stardard deviation 1.7

[12:02] {Geo} ty

[12:02] {Threei}  which line?

[12:02] {wishbone} ok ty vad

[12:02] {magoo} ok..i have apptmt today so have to leave

[12:02] {Geo} [09:01] {Threei}  bids strengthening, offers thinning, prints switching to ask side, uptick

[12:02] {magoo} ty all

[12:02] {Geo} wait mago!!!!!!!!!!!!!!!!!!!!!!!

[12:02] {Threei}  ah come on... standard thing

[12:02] {lisa_jay} Bye Magoo.

06[12:02] * Geo slaps magoo around a bit with a large trout

[12:02] {magoo} he he

[12:02] {Threei}  take care mags

[12:02] {dino} wmt stop to .94\

[12:03] {Geo} learning it real time wihle looking for it difficult

[12:04] {dino} out wmt +.44

[12:04] {lisa_jay} nice

[12:05] {dino} ty

[12:05] {Threei}  30.20 now QQQQ support

[12:06] {Threei}  was broken on a sharp spike so not very strong support

[12:06] {Threei}  but something to watch

[12:10] {lisa_jay} Q's broke out of flag on 60 min chart.

[12:31] {patience} is every on wall street at the christmas party?  is anything moving?

[12:31] {patience} everybody

[12:32] {dino} nope

[12:33] {Geo} zzzzzzzzzzzzzzzzzz

[12:33] {Threei}  yawn©

[12:35] {patience} ok, taking mom shopping, give us 20 minutes and the market should pop

[12:35] {wishbone} just took 40 winks:)

[12:35] {lisa_jay} lol

[12:35] {Threei}  please tell us where you shop if that publickly traded

[12:35] {lisa_jay} Yeah..should we buy COH, COST, M

[12:36] {Threei}  peter used to move RIMM for us when manoevered with Blackberry

[12:36] {peterg} sent it back, still using Motorola Razr

[12:43] {lisa_jay} GG did another retest of breakout level.

[12:43] {lisa_jay} .80 this time.

[12:44] {Threei}  works like charm eh?

[12:45] {Threei}  watch what it does near 29 now

[12:45] {Threei}  recently broken resistance

[12:46] {Geo} hey what happenned to the blinking color calls ?

[12:46] {Threei}  you didn't see those in the morning?

06[12:46] * Geo is not greedy?

[12:46] {Threei}  10:59 the most recent

[12:47] {Threei}  reversed off 29.03 lisa

[12:47] {lisa_jay} yes, too busy eaty spagetti...could have taken it off of .91.

[12:48] {Geo} mmmmm spagetti

[12:48] {Threei}  I would pick spaghetti too

[12:48] {lisa_jay} with tons of cheese...made of 5 year olds.  Yummy.

[12:48] {lisa_jay} beats getting .30c on trade anyday.  sigh.

[12:48] {Geo} depends on the lot size on the 20 cents lol

[12:48] {Geo} 30

[12:49] {lisa_jay} yeah

[12:49] {dino} lol

[12:50] {Threei}  but I am the guy who said (and got slapped for that) "Given a choice between heartburn and romance as a cause for some behavioral patterns, I'll name heartburn any day"

[12:50] {lisa_jay} lol

[12:50] {Geo} that was too deep

[12:50] {Threei}  that's me

[12:50] {Threei}  deep

[12:51] {Geo} lvs

[12:55] {Threei}  GG nonstop

[12:56] {lisa_jay} sob

[12:57] {Geo} serves both of yo right

[12:57] {Geo} teaching and learning rather than trading

[12:57] {lisa_jay} :-)

06[12:57] * Geo ducks

[12:57] {Threei}  I got it

[12:57] {Threei}  geo is taliban

[12:58] {Geo} wot???????????????

[12:58] {Threei}  hates the image of woman learning

[12:58] {dino} t sm l .50

[12:58] {Geo} you do realize taliban means student in urdu

[12:58] {Threei}  nope

[12:58] {Threei}  I don't even know what urud is

[12:58] {Threei}  urdu

[12:58] {Geo} derivative of arabic

[12:58] {Geo} spoken in south asia

06[12:59] * Threei decides against phrase "I don't even know what sia is"

[12:59] {Threei}  asia

[12:59] {Geo} its where russia claims to be

[12:59] {lisa_jay} Sia is a singer.

06[13:00] * Geo googling frantically

[13:00] {Geo} is she cute?

[13:00] {Threei}  it's he

06[13:00] * Threei ducks

[13:00] {Geo} nope

[13:00] {Geo} http://en.wikipedia.org/wiki/Sia_Furler

[13:00] {lisa_jay} I love her music, but not sure if she is cute...i don't swing that way.

[13:00] {Geo} no meat eating man will be named sia

[13:01] {Threei}  HIG, small bounce scalp if pulls back closer to 16

[13:04] {peterg} still lower on HIG?

[13:04] {Threei}  not taking it here

[13:04] {peterg} k

[13:04] {Threei}  too far from support

[13:05] {Threei}  meat eating man eh... I like this

06[13:07] * Threei slaps KSystems around a bit with a large clay model of Mazda MX-5

[13:08] {Threei}  finher on the trigger HIG

[13:08] {Geo} ot?

[13:08] {Geo} lot

[13:08] {Threei}  full

[13:09] {Threei}  in

[13:09] {Threei}  .03 and .04

[13:09] {Threei}  just a scalp, ridiculously tight stop

[13:10] {Geo} under 95?

[13:10] {lisa_jay} where stop vad

[13:10] {Threei}  either under .95 or even under 16

[13:10] {_elepet} in at .04

[13:10] {Threei}  this kind ofte requires a few tries

[13:10] {Threei}  high odds of shakeout

[13:12] {Threei}  no help from market

[13:13] {Geo} out

[13:14] {Threei}  no woprky

[13:14] {dino} out t

[13:42] {dino} vno sdm l .22

[13:43] {dino} sm

[13:45] {Geo} hullo?

[13:45] {Threei}  ewho are you calling hullo?

[13:45] {Geo} ok connected

[13:50] {lisa_jay} ggany read Vad?

[13:51] {lisa_jay} never mind

[13:54] {Geo} yawn (copyrighted)

[13:54] {dino} vno stop is .98

[13:54] {dino} stopped

[13:55] {lisa_jay} dumps

[13:55] {Geo} wow

[13:59] {Geo} inside day again i guess

[14:03] {Threei}  JPM

[14:03] {Threei}  CEO DIMON: DID NOT ASK FOR OR NEED TARP FUNDS - CNBC INTERVIEW

[14:14] {peterg} ok group, off to school conference for high school senior; nearing the end of these things!

[14:14] {peterg} make money & have fun

[14:14] {Threei}  take care peter

[14:14] {peterg} bye

[14:17] {dino} cya

[14:21] {Threei}  DEYS becomes a bounce candidate

[14:22] {Threei}  DRYS

[14:22] {Threei}  off 9.50 support with market help

[14:24] {Threei}  finger on the trigger

[14:24] {Threei}  first strength

[14:24] {Threei}  in

[14:24] {Threei}  stop under .30

[14:24] {Threei}  don't touch it if not ready for a few tries

[14:25] {Threei}  no go

[14:27] {Threei}  atempt #2 is coming

[14:36] {dino} afam hl l .50

[14:43] {Threei}  market just can't find footing

[14:43] {patience} office punch bowl must be spiked

[14:45] {lisa_jay} very strong selling

[14:45] {Threei}  with no news

[14:45] {lisa_jay} next week options expiry

[14:45] {KSystems} they've run out of bad news

[14:45] {KSystems} must be a bad sigh

[14:45] {Threei}  lol

[14:45] {KSystems} sign

[14:47] {dino} afam stopped sheesh

[14:49] {Threei}  one more leg down it seems

[14:55] {Threei}  been quite a while since we've seen such string selling

[14:55] {Threei}  strong

[14:55] {lisa_jay} yup

[14:55] {Geo} just when we were forgetting it

[14:56] {Geo} lets all thank jamie dimon

[14:56] {Threei}  what did he do?

[14:56] {Geo} Trading loans and high yields and mortgages; seeing constant credit deterioration, probably worse than they had expected

[14:56] {Geo} said this on cnbc

[14:57] {Geo} Said November has been a difficult month and it will be a tough Q4... December is 'doing pretty terrible', worse than expected

[14:57] {lisa_jay} We might get a gap fill Dino?

[14:58] {dino} got it 8635

[14:58] {dino} s&p filling

[14:59] {lisa_jay} nasdaq

[14:59] {wishbone} what is ticker for s&p in laser?

[14:59] {Threei}  bounce time

[14:59] {dino} spy

[14:59] {Threei}  "/sp8z"

[15:00] {Geo} today thurday probably switch to 9H

[15:00] {Threei}  oh yes

[15:00] {Threei}  forgetting rollover

[15:00] {lisa_jay} what are you looking for bounce Vad?

[15:01] {Geo} what bounce heheheheh\

[15:01] {Threei}  you sure you need this excitement lisa? :)

[15:01] {lisa_jay} :-)

[15:01] {wishbone} ty dino....vad /sp8z entered in trading settings doesn't work for me.....do i need to pay

[15:01] {Threei}  if yes, DRYS would be my preference

[15:01] {Threei}  it's a CME feed

[15:02] {wishbone} ok ty vad

[15:02] {Threei}  if you don't have it, you won't see those

[15:03] {Threei}  ok, if I can get DRYS at 8 I'll be all over it :)

[15:06] {Geo} all over it hmmmmmm

[15:08] {lisa_jay} Geo, not so inside a day anymore...sigh.

[15:08] {Threei}  missed it under .40... grrr

[15:20] {Threei}  8.75 break

[15:20] {Geo} stop vad?

[15:21] {Geo} below 60

[15:21] {Threei}  under .65 or .60

[15:21] {Geo} sorry .65

[15:25] {Threei}  half out

[15:25] {Threei}  .84

[15:26] {Threei}  out in full .93

[15:27] {lisa_jay} 18c Thanks Vad.

[15:27] {Threei}  welcome

[15:28] {wishbone} +18 ty vad

[15:28] {Threei}  :)

[15:34] {dino} gj

[15:34] {Threei}  what a reletnless selling

[15:34] {lisa_jay} Vad, how to determine if this is a double bottom on q's or not?  Thanks.

[15:35] {Threei}  doesn't look like one

[15:36] {Threei}  it may very well hold this support but I am not jazzed about buying here

[15:36] {Threei}  rather feels like more downside to me

[15:37] {lisa_jay} Ok, thanks.

[15:39] {dino} same feeling

[15:39] {dino} going for -300+

[15:39] {patience} tsx -302

[15:39] {peterg} back for close

[15:40] {peterg} in anything?

[15:40] {Threei}  not at the moment

[15:41] {Threei}  some stops some scalps while you were out

[15:41] {Threei}  nothing outstanding

[15:41] {Threei}  -249 Dow

[15:41] {Threei}  hello afternoon selloffs, long time no see

[15:43] {dino} afam big old rinse

[15:46] {patience} hmm...slw salmon

[15:46] {dino} classic 3:40 bounce

[15:52] {peterg} well, my hopes for a profitable day are dashed

[15:52] {dino} me too peter

[15:52] {dino} we'll get 'em tomorrow

[15:52] {peterg} yep

[15:52] {Geo} you didnt take vads calls peter

[15:53] {peterg} are you strill on vadcontrol, geo?

[15:53] {peterg} I think I'll go there

[15:53] {Geo} i do stuff on side

[15:53] {Geo} but i am not in a position to refuse his calls yet :)

[15:53] {peterg} absolutely

[15:54] {peterg} in my ten year learning program, I am doing executions now for the next five years

[15:54] {Threei}  why would anyone want to do that

[15:54] {wishbone} good nite all

[15:54] {peterg} nite wish

[15:54] {peterg} do waht?

[15:54] {Threei}  I would understand if my calls sucked

[15:54] {lisa_jay} Bye Wishbone

[15:54] {Threei}  take care wish

[15:54] {Geo} if youre more experienced like dino you branch out

[15:54] {Geo} thats what i mean

[15:54] {wishbone} thanks again for the lesson on GG Vad and the great calls!

[15:54] {Threei}  :)

[15:54] {Threei}  it's not so much about experience

[15:54] {dino} lol geo, dino has been confused 

[15:55] {wishbone} bye lisa. peterg

[15:55] {Threei}  as it is about personal style and comfort zone

[15:55] {Geo} its a phase

[15:55] {dino} magoo kicking my azz last two weeks

[15:55] {Threei}  imagine yourself exprienced

[15:55] {Geo} now thats tough

[15:55] {Geo} lol

[15:55] {Threei}  would it mean you'd reject calls you find consistently profitable and matching your trading styule?

[15:55] {Geo} if i am in a postion and monitoring i might

[15:55] {peterg} time to expand trading style repertoire

[15:58] {Geo} did vad just kick me out?????????????????

[15:58] {peterg} whole room dumped

[15:58] {Threei}  all of ya

[15:58] {peterg} but you me & 3

[15:58] {Geo} just kidding

[15:58] {Geo} ok ok ill take all calls !!!!!!!!!!!!!!!

[15:58] {Threei}  consider it my revenge

[15:58] {peterg} this is the inner sanctum, geo, where vad and i make really big bux

[15:58] {Threei}  lol

[15:58] {Geo} nope i was kicked out

[15:58] {peterg} patience in

[15:58] {Geo} and just got in

[15:59] {Geo} good day vad

[15:59] {Geo} 2.5x

[15:59] {peterg} many are called but few are chosen

[15:59] {Threei}  there

[15:59] {Geo} thanks a lot..... some mine

[15:59] {Threei}  and you are unhappy

[15:59] {patience} gorgeous day vad...time for a hike around the lake

[15:59] {Geo} hey when did i say that?

[15:59] {Threei}  even if you didn't I need an excuse for a slap

[16:00] {Geo} [12:57] {Geo} you didnt take vads calls peter

[16:00] {Threei}  on second thought... why do I need excuse

06[16:00] * Threei slaps Geo around a bit with a large roll of cash

[16:00] {Geo} ahhhhhh

06[16:00] * Geo slaps Threei around a bit with a large gold bar

[16:00] {Geo} feel the love !!!!

[16:00] {Threei}  not sure about lake

[16:00] {dino} gj geo, 3i

[16:00] {Threei}  ty dino

[16:01] {Threei}  ok guys, have a great evening

[16:01] {Geo} dino not that i am in a position to give pointers.....

[16:01] {Threei}  see you tomorrow

[16:01] {dino} i vow to do better tomorrow

[16:01] {Geo} but watching ZB for tells has helped me a lot

[16:01] {peterg} u2 vad, geo patience elepet dino

[16:01] {peterg} and lisa

[16:01] {Geo} i could give you atleast 3 charts where they are early by a min

[16:02] {patience} i'm watching silver wheaton tomorrow...it wants to pop

[16:02] {dino} geo, what is zb?

[16:02] {Geo} future 30 yr bond

[16:02] {dino} i am using tbt, tlt

[16:03] {Geo} i find it lagging

[16:03] {dino} ok, 20 year the others

[16:03] {Geo} zb runs first

[16:03] {dino} thx

[16:06] {lisa_jay} Thanks Vad.

Dec 10 2008

Big heartful thank you to DRYS and EGLE for making our day perfect. That's all I have to say.

Session Time: Wed Dec 10 00:00:00 2008

[07:27] {_elepet} good morning

[08:00] {Threei}  Good morning

[08:01] {Threei}  DRYS new enthusiasm I see

[08:01] {Threei}  EGLE too

[08:07] {Threei}  10.40 break on DRYS, if it was market hours would be a confident call

[08:07] {Threei}  pre-market, reluctant call

[08:13] {Threei}  if you took it, exit here above .60, partial or halt

[08:13] {Threei}  out 2/3 .67

[08:16] {Threei}  offering last portion 10.90

[08:18] {Threei}  out

[08:44] {hawkfan4} good morning

[08:44] {Threei}  hawk :)

[08:44] {hawkfan4} Vad :)

[08:45] {lisa_jay} Hi Vad.  Nice DRYS call.

[08:45] {hawkfan4} Driving the icy roads of the Chicago suburbs this morning

[08:45] {Threei}  lisa :)

[08:46] {peterg} hello all

[08:46] {Threei}  peter :)

[08:48] {patience} good morning RT

[08:48] {Threei}  patience :)

[08:56] {ese} good morning

[08:57] {ese} pre trading DRYS

[08:57] {hawkfan4} ese,peter,lisa,patience  and all :)

[08:57] {ese} mornin hawk

[08:59] {lisa_jay} Hi Hawk

[09:00] {Threei}  ese :)

[09:00] {KSystems} Good morning :)

[09:01] {ese} morning Vad

[09:01] {Threei}  KS :)

[09:01] {ese} Ksys

[09:02] {KSystems} ese!

[09:08] {ese} whats the news on egle Vad

[09:09] {Threei}  dry shipper

[09:09] {Threei}  same as DRYS

[09:10] {ese} question #2 is SBLK a simpathy play as well

[09:12] {Threei}  08:18am Baltic Dry Bulk index +1.8%, third straight increasemore.. - Capesize : +19% to $5k - Handysize : +0.8% to $4.4k - Panamax: -3.4% to $3.6k (related: EXM DRYS EGLE DSX IYM )

[09:12] {Threei}  not mentioned among sector names... but seems to be in this sector

[09:12] {ese} tks

[09:13] {Onix} Good morning all

[09:13] {brian3579} gm all

[09:13] {Onix} hi brian

[09:13] {ese} onix brian

[09:13] {Threei}  onix brian :)

[09:13] {Geo} gm all

[09:13] {Threei}  brian, welcome back

[09:13] {Threei}  geo :)

[09:13] {brian3579} ty

[09:13] {Threei}  how was your trip?

[09:14] {brian3579} great

[09:14] {dptl} good morning all

[09:14] {Threei}  dp :)

[09:15] {Onix} hi dp

[09:15] {dptl} :)

[09:15] {ese} dp

[09:16] {dptl} ese :)

[09:16] {ese} going to be in your neck of the woods Saturday dp....my band is playing at the Seraton Wall center on Saturday night

[09:17] {hawkfan4} what do you play es?

[09:17] {dptl} is there some event? what time?

[09:18] {ese} professioanl drummmer/ degree in percussion performance/ have played with 4 symphonies in canada

[09:18] {ese} private corporate event dp for RESCAN sicientists and engineers

[09:19] {hawkfan4} wow, cool beans es

[09:19] {dptl} i see :)

[09:19] {ese} keeps me off the streets hawk....and vad keeps me off the streets as well

[09:20] {hawkfan4} lol.  i have a drum set, but haven't ever played it.  bought it a few years ago for my little brother's band, and now they're all married, so i just got it back

[09:20] {ese} heres my band hawk (www.themidnights.com) 

[09:21] {ese} thats funny

[09:21] {Threei}  be back in 5

[09:21] {Geo} so youre the one on left?

[09:21] {Geo} http://www.themidnights.com/bio.htm

[09:22] {hawkfan4} nice es, very cool.  musician + trader, about the best career combo i could think of :)

[09:22] {ese} definately

[09:23] {ese} also teach band and mathematics at a high school here in victoria.....want to be like vad though

[09:23] {Geo} man... no I have to download and listen....

[09:23] {Geo} now

[09:24] {ese} those tunes are 3 years old now we have to put up some new stuff

[09:29] {Threei}  DRYS

[09:29] {Threei}  CANCELS $400M PURCHASE OF 4 PANAMAX CARRIERS

[09:29] {Threei}  - Agreed to cancel the previously declared acquisition of four Panamax dry bulk carriers, which was announced on July 3, 2008, from companies beneficially owned by George Economou, Chairman and CEO of DryShips Inc. The aggregate purchase price of $ 400M would have represented a significant cash outflow from the Company's cash reserves given that the Company had not obtained bank financing for the acquisition.

[09:29] {Threei}  - The Audit Committee of DryShips Inc. concluded that due to the significant deterioration in the dry bulk market since the time the agreements were entered into, it would not be in the best interest of DryShips Inc. to consummate the transaction. The Company will seek to amend, wherever possible, the contracts regarding dry bulk acquisition and newbuilding commitments, potentially resulting in significant capital expenditure savings.

[09:29] {Threei}  - As part of the agreement, the selling companies will retain the deposits totaling $55M for the four vessels

[09:29] {dino} gm all

[09:30] {Threei}  dino :)

[09:30] {Onix} hi dino

[09:32] {dino} :)

[09:32] {wishbone} .

[09:33] {wishbone} .

[09:33] {Threei}  hi wishbone

[09:33] {wishbone} gm....having computer problems today :(

[09:34] {Threei} Long Setup:  EGLE  half lot

[09:34] {Threei}  6.90 - .95

[09:35] {Threei}  stop under .70

[09:36] {lisa_jay} Got 20c on EGLE thanks Vad.

[09:36] {Threei}  :)

[09:38] {Threei} Long Setup:  DRYS  .5 break half lot

[09:38] {Threei}  stop under .30

[09:43] {Threei}  half out DRYS .80

[09:44] {Threei}  stop to .45

[09:45] {Threei}  half out EGLE 7.10

[09:46] {Onix} ty vad, i got .11 & .24 in egle

[09:46] {Threei}  :)

[09:47] {dino} out drys .85, +.35 ty vad

[09:47] {Threei}  offering second half DRYS 12.05

[09:47] {Threei}  dino!

[09:47] {Threei}  broke the curse of the opening trades

[09:48] {dino} took yours'

[09:48] {Threei}  out EGLE in full .37

[09:48] {Threei}  out DRYS in full 12.08

[09:48] {Threei}  can I go home?

[09:48] {KSystems} beauty

[09:49] {lisa_jay} nice

[09:49] {tomg} followed you almost exactly, ty vad

[09:49] {Onix} gj vad

[09:49] {Geo} no !!!

[09:49] {Threei}  tom :)

[09:49] {Geo} i missed second half

[09:49] {Geo} had to scalp in hurry and revboot :(

[09:49] {Threei}  wow... great time to reboot

[09:49] {Geo} you bet

[09:49] {Geo} was rebooting and crying

06[09:50] * Threei passes Geo a tissue

[09:51] {Geo} i hate it when i miss free money

[09:51] {peterg} came back in time to make .08 on drys ty

[09:52] {Threei}  welcome

[09:52] {peterg} next

[09:53] {peterg} egle still climbing

[09:54] {Threei}  not sure about this break attempt

[09:54] {Threei}  something doesn't feel right

[09:54] {Threei}  I'll stay away from EGLE here

[09:54] {Threei}  can't quite put it in words

[09:55] {Threei}  chart looks OK for break but something in me resists

[09:55] {Chaeron} good morning all

[09:56] {dino} mkt pullback perhaps

[09:56] {Threei}  chaeron :(((

[09:56] {patience} yup

[09:56] {Threei}  not sure dino... they both went up against market last time around too...

[09:56] {Threei}  but something is different this time

[09:57] {Threei}  I listen to my inner voice, it proved to be right on too many occassions

[09:57] {peterg} egle breaks down

[09:57] {Threei}  there... have a look at both

[09:57] {Threei}  DRYS down almost a buck in a heartbeat

[09:57] {Threei}  EGLE would have stopped us brutally

[09:57] {peterg} well-tuned attunement

06[09:57] * Threei thanks his inner voice

[09:58] {tomg} nice read egle vad, kept me out, ty

[09:59] {peterg} ditto

[09:59] {tomg} got it first time, though :)

[09:59] {lisa_jay} Thanks to the inner Vad.

[09:59] {Threei}  lol

[10:00] {Geo} yeah the inner vad.... fit young and handsome

[10:00] {Threei}  OCT WHOLESALE INVENTORIES: -1.1% V -0.2%E

[10:00] {lisa_jay} Q's coiling.

[10:00] {dino} i reger to that as "gut"

[10:00] {dino} refer

[10:00] {Geo} hmmm true

[10:01] {lisa_jay} Thanks to Dino's Gut's.

[10:01] {dino} lol

[10:02] {Threei}  (US) TREASURY'S KASHKARI: TREASURY HAS MADE SIGNIFICANT PROGRESS ON TARP

[10:02] {Threei}  {XLF}

[10:02] {Threei}  as in, spent it all?

[10:03] {dino} wmt sm l .45 stop lod

[10:04] {dino} yeah, they have no more money

[10:06] {Threei}  watching HIG

[10:06] {Threei}  pullback into 16 would be interesting

[10:07] {Threei}  half lot

[10:07] {Threei}  volatile

[10:07] {Threei}  alternatively, .26 long

[10:07] {Threei}  with stop under .10

[10:12] {Threei}  stop to .15

[10:12] {Geo} drat again

[10:12] {Threei}  just want to use last pullback to decrease risk

[10:13] {Threei}  not willing to give much of morning profits back

[10:13] {peterg} good

[10:13] {Threei}  I cherish my profits

[10:13] {Threei}  rather be shaken out with tight stop at this point

[10:14] {peterg} in hig?

[10:14] {dino} sso sm l .40, stop .08\

[10:14] {Threei}  yup

[10:14] {dino} wmt stop to .85

[10:14] {dino} to .99

[10:14] {Threei}  market is breaking out

[10:14] {tomg} nice wmt dino

[10:15] {dino} to .05

[10:15] {dino} ty

[10:15] {dino} to .15

[10:15] {Threei}  wow, beauty on WMT

[10:16] {dino} out .25, +.80

[10:16] {dino} wmt

[10:16] {Threei}  wtg

[10:16] {dino} ty

[10:16] {peterg} beaut

[10:16] {dino} longer walk this a.m.

[10:16] {tomg} ty wmt dino, got part of it

[10:16] {peterg} out sso +.15

[10:17] {peterg} thks dino

[10:17] {Threei}  great job guys

[10:17] {dino} sso to b/e

[10:17] {dino} gj guys

[10:17] {Geo} you in hig from where vad... rebooted again

[10:17] {dino} amzn not following so far

[10:19] {tomg} wag

[10:19] {Threei}  .25 Geo

[10:19] {Geo} TY i entered on retrace

[10:19] {Geo} 10 cent stop nice.

[10:20] {Threei}  yeah, what the heck

[10:20] {dino} sso stop to .68, stingy mode

[10:20] {dino} out, +.28

[10:21] {Geo} out

[10:21] {Threei}  stopped HIG

[10:21] {Geo} rinse

06[10:21] * magoo slaps Threei around a bit with a large plate full of regretts for being late

[10:21] {Threei}  good morning to you too mags

[10:22] {Threei}  see how new tools stimulate your creativity?

[10:22] {dino} slacker

[10:22] {Threei}  this is not your old magoo with traditional fish

[10:22] {Threei}  wow HIG

[10:22] {Geo} yup rinse

[10:22] {Threei}  that was uncalled for

[10:22] {Threei}  and very rude

[10:22] {Threei}  off my screen

[10:24] {dino} ouch axys

[10:29] {tomg} wag vad?

[10:31] {Threei}  would like one more little pullback, bottoming out not lower than .25, then break on it, tom

[10:31] {tomg} ok, ty

[10:31] {Threei}  .30 as new support would be even better

[10:34] {Threei} Long Setup:  GG  half lot .15

[10:34] {Threei}  if stays above 27

[10:35] {Threei}  DOE CRUDE: +392K V +1.2ME;

[10:35] {Threei}  GASOLINE: +3.7M V -500KE; DISTILLATES: +5.6 V -1.5ME;

[10:37] {Geo} i guess that GG spike doesnt count vad due to oil number?

[10:39] {Threei}  most likely

[10:39] {Threei}  hard to tell really... a bit more volatility than 15 cents stop allows for

[10:39] {dino} amzn sm l .90, stop .63

[10:40] {Geo} i entered and got stopped

[10:40] {Geo} glad half lot

[10:41] {dino} axys hmm, 55 strike maybe

[10:41] {dino} amzn stopped -.27

[10:42] {Threei}  not sure that was right way to play it geo

[10:43] {Threei}  it violated the support, then spiked sharply into break level

[10:43] {Geo} true... i guess I am a little off

[10:43] {Threei}  I would be hesitant to buy such spike even if it didn't break support prior

[10:43] {Threei}  in such cases, let it go, wait for it to retreat and consolidate, reinforcing the support again

[10:44] {Threei}  when it shows new consolidation it becomes valid again

[10:45] {Threei}  LOL

[10:45] {Threei}  have a look at this

[10:45] {Threei}  ALL CEO: COMPANY STOCK CURRENTLY ATTRACTIVE

[10:45] {Threei}  I am trying to envision CEO who would say our stock is unattractive

[10:45] {Threei}  disgusting

[10:46] {Threei}  repealing

[10:46] {Threei}  stay away

[10:46] {Threei}  whatever you do, please do not buy our ugly stock

[10:46] {dino} wmt big pullback

[10:47] {Threei}  oil is getting hit hard

[10:51] {magoo} we in anything?

[10:51] {Chaeron} trouble

[10:52] {magoo} chaer:)

[10:54] {Threei}  lol

[10:54] {Threei}  not right now mags

[10:54] {Threei}  trying to get a feel for what's next

[10:56] {dino} rec?

[10:57] {magoo} ok..im out  of sorts being late..and now phone call for 10 mins

[10:58] {Threei} Long Setup:  QQQQ  30.04 if stays above 29.95

[11:00] {Threei}  LVS

[11:00] {Threei}  PERSICO CAPITAL (2ND LARGEST HOLDER)DISCLOSES 13.9% STAKE V 3.55 IN OCT

[11:01] {Threei} Long Setup:  DRYS  30 break half lot if stays above .20

[11:02] {Geo} bonds rallying

[11:05] {dino} sm l amzn .30

[11:05] {Threei}  Qs 1:1, half or scalp, your choice

[11:05] {dino} stop .98

[11:05] {Threei}  WHITE HOUSE: PROGRESS HAS BEEN MADE ON AUTO AID BILL

[11:08] {Threei}  DRYS no worky

[11:08] {peterg} made .03, ty

[11:09] {peterg} profit will almost pay for blu-ray disc of The Dark Knight

[11:10] {Threei} Long Setup:  ALTR  .49 if stays above .40

[11:10] {Threei}  lol peter

[11:10] {dino} lol

[11:11] {dino} mkt stuck

[11:12] {Threei}  feels like ramp up is coming

[11:12] {magoo} full lot ALTR?

[11:12] {Threei}  yeah, l.iquid and tight stop

06[11:13] * Threei kicks the market in the rear

[11:13] {Threei}  sold half Qs .15

[11:15] {Threei}  offering 1/5 more at .28 and trying to keep last portion for bigger run

[11:15] {Threei}  1/4

[11:15] {Geo} altr stuck

[11:16] {Threei}  so kick it

[11:16] {Threei}  I am busy kicking QQQQ

[11:16] {magoo} kivking

06[11:16] * Geo puts his kicking boots on

[11:16] {Threei}  {--- doesn't want to know what kivking means

[11:17] {dino} c'mon 3i, you're putting holes in my walls

[11:17] {Threei}  that's not me

[11:17] {Threei}  that's magoo

[11:18] {dino} that son of a..

[11:18] {patience} i need to leave on my run, just a bit of euphoria so i can get out of my position

[11:19] {Threei}  doing all I can

[11:19] {patience} much obliged

[11:19] {lisa_jay} LOL

[11:19] {Geo} out 1/4 Qs

[11:19] {Geo} thanks vad

[11:19] {Threei}  welcome sir

[11:19] {Threei}  out 1/4 more on Qs .28

[11:20] {Geo} where are you throwing rest?

[11:20] {dino} amzn stop to .85

[11:20] {Threei}  stop is under .10 for the last poretion

[11:20] {Threei}  no selling point in mind yet

[11:20] {Threei}  want to try and milk it

[11:20] {Geo} TY

[11:21] {dino} out amzn .90, +.60

[11:22] {Chaeron} nice dino

[11:22] {patience} very nice

[11:22] {patience} my turn now

[11:22] {Threei}  wtg

[11:22] {dino} ty

[11:22] {Threei}  what are you holding patience?

[11:22] {magoo} vad..we looking for more than .02 cents ALTR lol

[11:22] {Threei}  lol, hopefully

[11:23] {Threei}  [11:12] {Threei} feels like ramp up is coming

[11:23] {Threei}  was that a read or what

[11:25] {patience} i'm in silver wheaton, just want another 20 cents

[11:25] {Threei}  that's a slow one...

[11:25] {peterg} ontario?

[11:25] {patience} i know, i know...but its cheap and i can buy volume

[11:25] {patience} and i thought silver would be a gold sympathy play

[11:26] {Threei}  yes... but you'll never get to your run if you want to wait for 20 cents on it :)

[11:26] {Geo} patience you seem to trade metals

[11:26] {patience} well its either me or it running, i would rather it was it

[11:26] {patience} i do geo

[11:26] {Geo} any idea why platinum is priced close to gold hese days?

[11:26] {patience} usually there is some decent momo

[11:26] {patience} shrug, don't trade it geo

[11:27] {Geo} first time in years that has happenned

[11:27] {Geo} ok

[11:28] {dino} geo getting deep on us :)

[11:28] {Geo} it can be a bet the farm spread trade if done right

[11:29] {Geo} just not my ocre competency

[11:29] {Geo} core

[11:31] {dino} sm l t .50

[11:31] {dino} stop .19

[11:36] {dino} amzn smackdown again

[11:47] {Threei}  woohoo

[11:47] {Threei}  ALRT 1:1

[11:47] {Threei}  believe it or not

[11:47] {Geo} heheh got it thanks vad...

[11:47] {Threei}  ALTR

[11:47] {Geo} supreme patience

[11:47] {Geo} see i dont label dogs anymore

[11:47] {magoo} wait 61 and wont fill he hre

[11:48] {Threei}  [11:12] {Threei} feels like ramp up is coming

[11:48] {Geo} hmm i filled 61

[11:48] {Threei}  was that a read or what

[11:48] {Geo} 500 shares

[11:50] {_elepet} altr

[11:52] {patience} euphoria in slw is like watching paint dry

[11:54] {dino} lol, hardly euphoric, :)

[11:58] {Geo} cenx having a good day

[12:03] {magoo} still in q vad?

[12:03] {magoo} out .61 altr ty boss

[12:06] {Threei}  yes Qs

[12:07] {dino} amzn sm l .50

[12:11] {dino} pb &j, not bad

[12:12] {Chaeron} pull back and jump? or Peanut Butter and Jelly???

[12:14] {dino} 2nd

[12:14] {Chaeron} thx, thought I missed something

[12:15] {dino} lol, haven't had one in year or so, pretty tasty

[12:15] {KSystems} Vad, everytime I remember your remark yesterday afternoon I'm hearing a slight thunder rolling

[12:17] {Threei}  which remark?

[12:17] {peterg} still likin amzn dino

[12:17] {peterg} ?

[12:18] {dino} missed my exit on it

[12:18] {dino} wanted .00 never hit

[12:18] {dino} pb&j distraction

[12:20] {Chaeron} my fault.. sorry

[12:20] {dino} not

[12:21] {Chaeron} *whew*

[12:21] {dino} :)

[12:22] {Geo} off to work.... thanks guys... ending neg today due to various technical and mental reasons

[12:23] {Threei}  take care Geo

[12:23] {dino} amzn stopped -.31

[12:23] {patience} bye geo

[12:23] {Threei}  ALTR hit 1:2, QQQQ 1:4

[12:23] {dino} later geo

[12:27] {dino} 90 pt drop in 5 min.

[12:43] {Chaeron} .

[12:43] {magoo} ..

[12:46] {Threei}  was very tempted to reenter Qs of .10 but hesitated

[12:46] {lisa_jay} The ascending triangle support.

[13:06] {magoo} i must confess..i took q .10

[13:07] {Threei}  scalped?

06[13:07] * peterg slaps magoo around a bit with a large a nerf facsimile of the Empire State Building

[13:07] {magoo} lol

[13:08] {Threei}  aren't you guys happy with new script... what an array of opportunities to get creative {G}

[13:08] {peterg} true true

[13:10] {magoo} tru blood

[13:11] {peterg}  I like Sookie

[13:11] {peterg} but haven't watched recently

[13:12] {magoo} everytime i or dino steps in restroom..mkt crashes..i have to pee so bad but afraid mkt cant stand it

[13:12] {dino} indeed sookie

[13:12] {magoo} i luv cookies

[13:12] {dino} it's over peter

[13:13] {Threei}  mags... we can make a strategy out of it

[13:13] {Threei}  we short, you leave

[13:13] {Threei}  you are back we reverse

[13:13] {magoo} i know..dino does that

[13:13] {peterg} ok bye bye sookie for now

[13:13] {magoo} really irritates me lol

[13:14] {Threei}  I will ask KS to make a script for Pee Alert

[13:14] {dino} not my fault magoo, but if you're giving away trades, what can i do but play

[13:14] {dino} the phone rings too

[13:14] {KSystems} a what`?

[13:15] {dino} ks, just do it, no questions

[13:17] {dino} v sm risky, axys l .71

[13:17] {magoo} in q long..but i gotta go

[13:17] {magoo} market to fragile..gotta hold ittttttttttt

[13:18] {lisa_jay} Turned on all the taps in the house just to test how you react to the sound Magoo.

[13:19] {magoo} cruel

[13:19] {lisa_jay} sorry...the scientist in me.

[13:19] {Threei}  lol

[13:21] {dino} lol lisa

[13:21] {magoo} i just went

[13:22] {magoo} look at q chart

[13:22] {magoo} lisa fault

[13:22] {lisa_jay} Sorry :-)

[13:22] {lisa_jay} Needed to get on the q's trade...so wanted a pull back.

[13:29] {Threei}  something is whacky

[13:29] {Threei}  market makes too jerky moves with no warning

[13:29] {Threei}  can't get a feel for it so staying inactive

[13:30] {magoo} u think its this auto bailout news barrage..nonstop

[13:33] {Threei}  US TREASURY'S KASHKARI: I HAVE NOT SEEN A BETTER ALTERNATIVE TO MARK-TO-MARKET ACCOUNTING

[13:33] {Threei}  Try Playboy

[13:34] {Threei}  you may find it better alternative

[13:35] {Threei}  ok, this is total bs:

[13:35] {Threei}  PIMCO'S EL ERIAN: 50 BPS RATE CUT LIKELY AT NEXT MEETING, TOO EARLY TO CALL BOTTOM, USD GAINS WILL NOT CONTINUE HOWEVER NOW IS NOT THE TIME TO SHORT USD

[13:35] {Threei}  - Remarks that the 50 bps cut will have a minimal impact

[13:35] {Threei}  - Sees multiple bottom through 2009, 2009 will be 'unambiguously' sluggish, noting GDP may decline 1-2%

[13:35] {Threei}  - Notes that now is not the time to buy high yield debt or US equities

[13:35] {Threei}  he is giving invsetment/trading advice now??

[13:42] {lisa_jay} You were right Vad about the Q's 

[13:43] {Threei}  yeah, not really playable for now

[13:49] {Threei}  pullback to 30 or just under maybe worth a try long for a scalp

[13:49] {Threei}  with stop under .90

[13:51] {Threei}  in .96

[13:51] {lisa_jay} in

[13:52] {Threei}  nope

[13:52] {Chaeron} good tight stop tho

[13:55] {lisa_jay} Still very jerky Q's.

[14:00] {Threei}  *NOV MONTHLY BUDGET STATEMENT: -$164.4B V -$171BE

[14:14] {Threei}  DRYS

[14:14] {Threei}  ummm

[14:15] {Threei}  late... broke .40 big offer

[14:15] {Threei}  don't want to chase

[14:15] {Chaeron} if it comes back?

[14:15] {Threei}  could be, with stop under .30

[14:15] {Threei}  but watch NASDAQ

[14:16] {Threei}  needs support

[14:16] {Threei}  ok, same situation again

[14:16] {Threei}  big offer to break at .40

[14:16] {Threei}  taken

[14:17] {Threei}  if market cooperates, will take .50 for another jump

[14:19] {Threei}  very willing

[14:19] {Threei}  half out

[14:19] {Threei}  or scalp

[14:19] {Threei}  nice and easy 17 cents

[14:21] {Threei}  US HOUSE VOTES TO SEND AUTO BAILOUT BILL TO SENATE FLOOR TODAY

[14:21] {Threei}  there you go

[14:21] {Threei}  another news, another knee-jerk move

[14:22] {lisa_jay} Thanks Vad, got 14c on DRYS.

[14:22] {Threei}  :)

[14:27] {Threei}  TV: but then the economy hit the fan

[14:27] {Threei}  am I the only one who finds it funny? :(

[14:28] {dino} v sm l afam .45

[14:36] {Threei}  .56 half lot long DRYS

[14:37] {magoo} volume on this up push vad

[14:37] {Threei}  if stays above .45

[14:37] {lisa_jay} stop vad

[14:37] {Threei}  either under .45 or .40

[14:37] {Threei}  both valid

[14:38] {Threei}  US SEN SHELBY: NO AGREEMENT REACHED BETWEEN SENATE REPUBLICANS WITH REGARD TO AUTO BAILOUT BILL

[14:38] {Threei}  market goes up on that

[14:38] {Threei}  I am dazed and confused

[14:38] {Threei}  half out or scalp DRYS

[14:39] {Threei}  your choice

[14:39] {Threei}  I took scalp

[14:39] {Threei}  too sharp up

[14:43] {Threei}  anyone took it?

[14:43] {lisa_jay} nope

[14:44] {Threei}  that does it... no one laughs at my jokes, nor does take my trades

06[14:44] * Threei removes himself to monastery

[14:44] {lisa_jay} sorry hesitated and paid for it...

[14:44] {lisa_jay} I laught at your jokes....and cry at the trades that i miss.

[14:45] {lisa_jay} *laugh

[14:45] {magoo} what the hells going on??

[14:45] {Threei}  I will think of that while meditating among Tibet peaks

[14:50] {dino} afam stop to .18

[14:50] {Threei}  jeez

[14:50] {Threei}  what a jerkiness

[14:50] {lisa_jay} yes

[14:50] {dino} out .16, +71

[14:50] {dino} .

[14:50] {Threei}  wtg

[14:50] {lisa_jay} Vad, do you draw trendlines on q's when following them? (or nq)

[14:50] {patience} nice dino

[14:50] {Threei}  nah

[14:50] {Threei}  too lazy for that

[14:50] {Onix} great dino

[14:51] {Threei}  but they are easy to visualize

[14:51] {dino} lucky

[14:51] {lisa_jay} I have been doing that and it is amazing how sometimes they act as support and resistance.

[14:51] {Threei}  yup

[14:52] {lisa_jay} Wanted to thank you for teaching me that trick...

[14:54] {Threei}  wasting your time lisa... I am going to that monastery anyway {G}

[14:54] {cosmo} take a lap top

[14:54] {Chaeron} beautiful girls thanking you and you're still set on monastery......

[14:55] {Threei}  of course... how else will I reach a... ummm... sites full of wisdom and knowledge

[14:55] {lisa_jay} Chaeron...are you flirting again.

[14:55] {cosmo} telepathy?

[14:56] {Chaeron} constantly *blush*

[15:05] {Geo} ok back.....

[15:05] {Geo} looking forward to crawling back in black.......

06[15:05] * Geo gives a clumsy hint to vad

06[15:05] * Threei pretends not to notice

[15:11] {Threei} Long Setup:  QQQQ  .05

[15:11] {Threei}  if stays above .95

[15:14] {magoo} magoo kickin q for geo:)

[15:15] {Geo} thanks buddy

[15:15] {Threei}  too sharp into resistance

[15:15] {Geo} yup

[15:15] {Threei}  want one more shallow pullback

[15:15] {Threei}  to 30 or so

[15:15] {magoo} not gonna get ut

[15:15] {magoo} blast off

[15:18] {dptl} have a good evening all

[15:19] {Threei}  take care dp

[15:19] {magoo} u to dp

[15:20] {dino} out axys ave .52, sm

[15:20] {Threei}  ok, in

[15:20] {Threei}  .95

[15:21] {Chaeron} stop?

[15:21] {Threei}  under .90

[15:22] {Threei}  could take a few tries, but want to keep it tight

[15:22] {Threei}  maarket is way too nervous

[15:25] {Threei}  half out

[15:25] {Threei}  +.10

[15:25] {peterg} nice

[15:28] {Threei}  offering 1/4 more .11

[15:29] {magoo} opffder .10

[15:29] {Threei}  out 1/4

[15:29] {Threei}  last portion offering .17

[15:29] {magoo} .16 here

[15:29] {Threei}  {--- crying

[15:29] {KSystems} why?

[15:30] {dino} sds sm s .75

[15:30] {Threei}  magoo is undercutting me

[15:30] {Geo} hehe

[15:30] {KSystems} :)

[15:30] {Chaeron} .89 here..... teasing...

[15:30] {Chaeron} took .13...+.15

[15:30] {Threei}  that's OK

[15:31] {Threei}  I'll have m y revenge when he comes to my Tibet cave with beer

[15:31] {Threei}  and I turn him down

[15:31] {Geo} after taking the beer

[15:31] {Threei}  saying "remember all those cents you undercut me by?"

[15:31] {dino} stopped -.35

[15:32] {Geo} ahhhh

[15:32] {Geo} thanks lord vader

[15:32] {Threei}  you are back in black?

[15:32] {Geo} have a 3 week streak going

[15:32] {Geo} almost

[15:32] {Geo} but it counts

[15:33] {Threei}  OK... don't know how you managed to have losing morning but glad we fixed that

[15:33] {Geo} man it was crazy..... 

[15:33] {Geo} i took the stops and rebooted machine on the wrking ones

[15:33] {Geo} thats how

[15:33] {Geo} takes a certain talent

[15:33] {Threei}  what is happening hat you have to reboot multiple times?

[15:33] {KSystems} do you have to reboot a lot?

[15:34] {Geo} no i dont.....

[15:34] {Threei}  I think I reboot once a couple weeks

[15:34] {Geo} for some reason system was hanging

[15:34] {Threei}  out last portion

[15:36] {dino} 3:40 rally?

[15:37] {Threei}  can't get a feel

[15:38] {Threei}  FIDELITY DISCLOSES 14.9% PASSIVE STAKE IN LVS

[15:38] {dino} called averaging down

[15:41] {dino} on the nose

[15:41] {patience} yes it was dino

[15:45] {dino} afam l sm .97

[15:45] {dino} about 90% of the days patience

[15:46] {Threei}  JASO

[15:46] {Threei}  GUIDES Q4 $0.00 V $0.06E, R$124M V $231.3ME (R$191.5M-$221M PRIOR), GROSS MARGINS AT 5-7%

[15:46] {Threei}  to short it or leave it die in peace

[15:46] {Threei}  that is the question

[15:51] {Threei}  hehe... Qs hit my .17

[15:51] {Geo} heheheh

[15:51] {Threei}  not without shaking me oput first of course

[15:52] {Geo} i reentered

[15:52] {Threei}  wtg

[15:52] {Geo} .06 breakout

[15:52] {Geo} half lot only htough

[15:52] {magoo} finally in black..tougher day

[15:52] {magoo} i was out of sync

[15:52] {Geo} yeah same here

[15:52] {Geo} its vad fault

[15:53] {Geo} for raising expectations

[15:53] {Threei}  one missed first hour, another rebooted computer in the middle of the trades... and somehow it's my fault

[15:53] {peterg} hey, quick question in between vad beating

[15:53] {Threei}  monastery... right away

[15:53] {Threei}  this very evening

[15:53] {Geo} vad

[15:53] {peterg} round lot used to be 100 sh; half lot = 50?

[15:53] {peterg} dsnt sound right

[15:53] {Geo} a leader accepts responsibility

[15:54] {Geo} out

[15:54] {Threei}  peter... for me it's 1000 and 500

[15:54] {Geo} same here

[15:54] {Threei}  not sure if that's what you mean

[15:54] {peterg} ok so depends on start point thks

[15:54] {Threei}  pretty much

[15:55] {peterg} I usually buy/sell 100000000000000shares

[15:55] {Geo} nice

[15:55] {Threei}  I would too but I can't count that far

[15:55] {Geo} ok thanks guys..... 

[15:55] {Geo} have a great evening

[15:55] {peterg} who counts? just press buttons

[15:55] {Geo} these inside days are tough

[15:56] {Onix} Thanks for a good day Vad

[15:56] {Threei}  I like to pretend I know what I am doing peter

[15:56] {magoo} full lot =1k here

[15:56] {magoo} half=300

[15:56] {peterg} always good plan

[15:56] {Threei}  onix :)

[15:56] {Geo} wot magoo????

[15:56] {magoo} er, um.wait..500

[15:56] {Threei}  Geo... any day will be tough if you reboot midtrade

[15:56] {Geo} true

[15:56] {peterg} thanks for good day vad, dino

[15:56] {Threei}  lol mags

[15:57] {Threei}  re" math abilities, see magoo setting new standards

[15:57] {magoo} why, is 500 wrong???

[15:57] {Threei}  [15:56] {magoo} full lot =1k here

[15:57] {Threei}  [15:56] {magoo} half=300

[15:57] {peterg} 300 + 300 = 1000

[15:57] {Threei}  that remminds me a dialog betwen Winnie the Pooh and Piglet in russian joke

[15:58] {peterg} da?

[15:58] {Threei}  Winnie: listen bud... we were given 10 jars of jam as a gift...

[15:58] {Threei}  half in half, so here are your 3 jars

[15:58] {peterg} perfect!

[15:58] {Threei}  Piglet: Hmmm? how is half of 10 3?

[15:59] {Threei}  Winnie: I have no idea but I already ate my 7

[15:59] {lisa_jay} lol

[15:59] {peterg} lol

[15:59] {Threei}  OK guys... thank you all

[15:59] {Threei}  have a good evening

[15:59] {Threei}  see you tomorrow

[15:59] {magoo} ok..ill have  to drag my lazy arse out ogf bed tomorrow

[15:59] {Threei}  nah

[15:59] {KSystems} you too, Vad. enjoy the evning

[15:59] {Threei}  leave it there

[15:59] {peterg} and get here on time

[16:00] {magoo} vads picking morning winners

[16:00] {Threei}  wow

[16:00] {Threei}  what just happened to market?

[16:00] {lisa_jay} Thanks Vad.

[16:00] {magoo} was very jerky

[16:00] {Threei}  lisa :)

[16:00] {KSystems} when market grows up, wants to become an oscilloscope

[16:00] {Threei}  lol

[16:01] {Threei}  sophisticated joke... I'll pretend I understand and like those

[16:01] {lisa_jay} KSystems is that a stochastic?

[16:01] {lisa_jay} Never mind.

[16:02] {lisa_jay} Bye everyone.

[16:02] {peterg} bye

[16:02] {dino} strange, 46.29 hits afam and i was 46.22 no fill

DRYS made sure we had fantastic day. Very grateful to it for a lot of bills it paid in a single day. Identified early as a runner, and called for $10 target as it consolidated around $8.50. It overshot a bit but so be it - we scalped some on top of that move after it retreated. 

Session Time: Tue Dec 09 00:00:00 2008

[08:03] {Threei}  (US) HOUSE SPEAKER NANCY PELOSI SUGGESTS PAUL VOLCKER AS "CAR CZAR" - NBC INTERVIEW

[08:03] {Threei}  - No further details at this time{GM F}

[08:04] {Threei}  if we thought GM was run badly before, wait till goverment runs it

[08:09] {Threei}  DRYS tests yeaterday high

[08:22] {Threei}  so far looks salmonish

[08:24] {Threei}  BALTIC DRY BULK INDEX + 1.2%, 2ND STRAIGHT INCREASE

[08:49] {Threei}  (US) SENATOR ENSIGN: MAY PARTICIPATE IN SENATE FILLIBUSTER OF AUTO BAILOUT -CNBC

[08:49] {Threei}  {F GM}

[08:51] {ese} good morning team....

[08:51] {Threei}  ese :)

[08:51] {cosmo} how about we get Cal Worthington for 'car czar'?

[08:51] {Threei}  how about we don't have one

[08:52] {ese} managed to catch a nice little rn up in DRYS before i had to go yesterday....

[08:52] {Threei}  yes ese

[08:52] {Threei}  we congratulated you

[08:52] {Threei}  but we are too slow

[08:52] {Threei}  it occured way after you left :)

[08:52] {ese} belated thanks......i know you have my best interests at heart

[08:53] {Threei}  here, that'll make you laugh

[08:53] {Threei}  10 minutes after you left:

[08:53] {Threei}  [12:35] {dino} gj es

[08:53] {Threei}  [12:36] {Threei} {ese} you guys are really slow... I left quite a while ago and can't hear you, nor do I care to

[08:53] {Threei}  [12:38] {dino} lol

[08:54] {Threei}  sorry, I took liberty to answer for you

[08:54] {ese} too funny......

[08:55] {Threei}  at first I hesitated, thought maybe you were too polite for such answer

[08:55] {Threei}  then decided what the heck, worst case scenario you'll politely slap me with frozen tree from Saskatchewan

[08:55] {ese} nawww....i'm with a bounch of guys and gals who slap themsevles around with fish.....

[08:58] {dino} gm all

[08:58] {ese} qqqq's short perhaps today

[08:58] {patience} good morning RT, it's going to be your type of day dino

[08:58] {ese} dino

[08:59] {dino} i hope so patience, yesterday was a bust for me

[09:00] {KSystems} Good morning!

[09:00] {patience} helene says its pullback time before santa claus rally

[09:00] {Threei}  dino, patience, ks :)

[09:00] {wishbone} gm all

[09:00] {Threei}  wishbone :)

[09:00] {dino} i will go read it

[09:01] {KSystems} I found something cool for warming up...

[09:01] {KSystems} http://www.youtube.com/watch?v=VczbbiRmDik

[09:02] {patience} ty KS, made me laugh

[09:02] {KSystems} done already???

[09:02] {patience} i got the idea, it's still playing

[09:04] {KSystems} oh ok :)

[09:06] {ese} TBSI news..?

[09:06] {Geo} gm all

[09:06] {ese} geo

[09:06] {Threei}  not since 11/06

[09:06] {Threei}  geo :)

[09:07] {cosmo} EGLE too

[09:07] {dino} baltic index up again, tbsi

[09:08] {Threei}  [08:24] {Threei} BALTIC DRY BULK INDEX + 1.2%, 2ND STRAIGHT INCREASE

[09:08] {Threei}  [08:49] {Threei} (US) SENATOR ENSIGN: MAY PARTICIPATE IN SENATE FILLIB

[09:08] {Threei}  ignore second line

[09:11] {Onix} Good morning all

[09:11] {Threei}  onix :)

[09:11] {ese} onix

[09:13] {dptl} good morning all

[09:13] {Threei}  dp :)

[09:13] {ese} morning dp

[09:14] {dptl} :)

[09:14] {Threei}  be back in 5

[09:16] {magoo} oh sure, leave when i log in lol

[09:17] {Onix} hi dp

[09:17] {dptl} :)morning

[09:17] {tomg} good morning all

[09:18] {Threei}  mags, tom :)

[09:19] {hawkfan4} gm all

[09:19] {Onix} hi magoo & tom

[09:19] {peterg} gm all

[09:19] {tomg} hi Onix

[09:20] {Onix} hi peter

[09:20] {magoo} :)

[09:20] {peterg} Onyx!

[09:20] {Threei}  peter :)

[09:20] {magoo} up 9 of last 11 days...so we need to be careful

[09:20] {peterg} 3i!

[09:21] {Threei}  aren't we always

[09:21] {magoo} but, most expect pullbk, so mkt may go 700 points

[09:21] {Threei}  and if that happens DRYS is my first candidate for a runner

[09:21] {magoo} we ever play that lol

[09:22] {Threei}  nah, never heard of it before this morning

[09:22] {Threei}  and... you have no idea how funny its name sounds for russian ear

[09:23] {cosmo} sound like some brokerage company, right?

[09:26] {Threei}  dp... what does it sound like to you? :)

[09:26] {dptl} what drys?

[09:27] {Threei}  yeah

[09:27] {Threei}  8.20 pre-market resistance

[09:27] {dptl} hmmm

[09:28] {dptl} always wanted to call it GRUZ.

[09:28] {magoo} u looking for bounce or breakout?

[09:29] {magoo} watchinhg  HIG

[09:29] {Threei}  ok, I'll leave it alone... some already had thewir breakfast

[09:29] {Threei}  whatever shapes up mags, can't tell yet

[09:29] {Threei}  a week ago it was clear pullback stock

[09:29] {Threei}  but yesterday it acted right on breaks too

[09:31] {Threei} Long Setup:  DRYS  half lot 8 break if holding above 7.80

[09:31] {magoo} missed

[09:31] {Threei}  anyone got it?

[09:32] {patience} it runs quickly

[09:32] {Geo} 8:05

[09:32] {peterg} limit order stopped  me

[09:32] {peterg} not my fault of course, abut machine

[09:32] {Threei}  stopped?

[09:32] {peterg} preventeed

[09:32] {peterg} limit limited

[09:32] {Threei}  oh

[09:32] {dino} gap 8635

[09:32] {peterg} now look at it

[09:32] {Geo} out half and 1/4

[09:32] {Threei}  take profit here Geo

[09:33] {Geo} 100 left

[09:33] {Threei}  wait for pullback for reentry

[09:33] {tomg} ty vad

[09:33] {Threei}  tom :)

[09:33] {dino} gj

[09:34] {Geo} in .05 half out .20  1/4 ot .30 1/4 out .40

[09:34] {Geo} TY vad

[09:34] {Threei}  welcome

[09:34] {Geo} wow

[09:34] {Geo} you still in?

[09:34] {Threei}  no

[09:35] {Threei}  let it breathe, it pulls back hard

[09:36] {dino} sm s afam, wide risky, thin

[09:36] {Threei}  BRCM, watch for pullback into 15.60 for entry

[09:36] {dino} at .35

[09:37] {Threei}  yeah right says BRCM

[09:38] {Threei}  DRYS, most likely 8.30-8.40 level

[09:39] {Threei}  in half lot

[09:39] {Threei}  stop under .30

[09:40] {magoo} in .50

[09:40] {Threei}  a bit high, but works

[09:40] {Threei}  half out here

[09:40] {magoo} axctually .48

[09:40] {Threei}  yeah, that makes a lot of difference

[09:41] {tomg} in .40 out .60 ty vad

[09:41] {Threei}  beauty tom

[09:41] {Threei}  perfect reflexes

[09:41] {tomg} ty

[09:41] {Threei}  practice pays off eh?

[09:41] {tomg} :)

[09:42] {Threei}  BRCM doesn't want to pull back under 16

[09:43] {dino} afam stopped -.55

[09:43] {Threei}  market new strength... 16.20 break if holding here, but let's do half lot

[09:44] {Geo} stop under 10?

[09:44] {Threei}  for hardcore scalpers yes

[09:44] {Threei}  otherwise under 16

[09:45] {Threei}  pesky scalpers have 1:1

[09:45] {Threei}  so do sane traders now

[09:45] {tomg} 1:1 ty vad

[09:46] {Threei}  welcome

[09:46] {Threei}  mags, you pared DRYS?

[09:48] {magoo} missed exit boss

[09:48] {Threei}  if loses .40, pullback will be heavy

[09:48] {Threei}  awww

[09:48] {Chaeron} good morning all

[09:48] {Threei}  chaeron :)

[09:48] {Chaeron} missed a couple nice ones already, huh?

[09:48] {Threei}  yeah

[09:49] {Chaeron} shorting DRYS if loses .40?

[09:49] {Threei}  not me

[09:49] {Chaeron} [06:48] {Threei}  if loses .40, pullback will be heavy

[09:49] {Threei}  this is uptrending stock

[09:49] {Threei}  hot too

[09:49] {Threei}  I don't trade against the trend on those

[09:50] {Chaeron} yeah... was thinking scalp, but thanks for saving me from myself

[09:50] {Threei}  pullback is another entry on a long side for me

[09:50] {tomg} aapl

[09:50] {magoo} has 9 writen all over it

[09:50] {Threei}  9?

[09:50] {Threei}  I disagree

[09:50] {Threei}  10

[09:50] {Threei}  but you have to have nerves of steel to get that

[09:51] {Threei}  DRYS is nothing if not a widowmaker

[09:51] {Chaeron} hi mags

[09:51] {Threei}  ok mags

[09:51] {Threei}  sell half

[09:51] {Threei}  pleeease

[09:51] {magoo} nope

[09:51] {Threei}  sigh

[09:52] {Threei}  what did my life come to... begging people to make money

[09:52] {Geo} youre begging him to be less greedy

[09:52] {Geo} and that isnt right

[09:52] {Threei}  lol

[09:53] {Threei}  we are not in full blown bull market yet

[09:53] {Geo} :)

[09:53] {Threei}  gotta protect profits

[09:53] {Geo} i gone into that mode

[09:53] {Geo} up enuff

[09:53] {Geo} (enuff for me)

[09:53] {Threei}  salmon

[09:53] {Threei}  look at it

[09:54] {Threei}  9 break is coming

[09:54] {cosmo} wants 10

[09:54] {Threei}  yup

[09:54] {Threei}  1/4 more out

[09:54] {Chaeron} I want a pullback

[09:54] {Threei}  .90

[09:54] {Threei}  +.50

[09:54] {magoo} ok half here

[09:55] {Chaeron} nice guys

[09:55] {Threei}  thank you so very much

[09:55] {Geo} nice morning vad

[09:55] {Threei}  you should see me when I get enough sleep

[09:55] {Threei}  oh, you didn't mean my looks

06[09:55] * Geo doesnt want to see vad

[09:55] {Threei}  you are not alone...

[09:55] {Geo} hehe

[09:56] {Threei}  vad doesn't want to see vad

[09:56] {Geo} i can imagine

06[09:56] * magoo slaps Geo around a bit with a large naked statue of lord vader

[09:56] {Geo} making money hand over fist with eyes tightly shut

[09:56] {Geo} ewwwwwwwwwww

[09:56] {Threei}  although I will be forever grateful to onix who looked at my photo and call me "distinguished"

[09:56] {Geo} so magoo

[09:56] {Geo} where did ya get that statute eh?

[09:57] {lisa_jay} I think you are HOT Vad. :-)

[09:57] {Threei}  I don't want to hear answer

[09:57] {Geo} drys consolidating

[09:57] {dino} sm s sso .40

[09:57] {Threei}  that's disturbing image

[09:57] {Threei}  ah thank you lisa

[09:57] {Threei}  that outs your taste into question... but thank you anyway :)

[09:57] {Chaeron} lol

[09:57] {Geo} looks like someone made money today

[09:58] {lisa_jay} Nope...just got back from kids daycare.

[09:58] {Chaeron} even funnier Geo

[09:58] {lisa_jay} Wanted to pump up Vad to make another great call.

[09:58] {Geo} hey chaer... hows the beach cities doing?

[09:58] {Chaeron} great thanks... hope everyone is doing well and healthy here

[09:59] {Threei}  keeping eye on MRVL

[09:59] {Threei}  daily shows nice breakout level 6.20

[09:59] {Threei}  let's see if it consolidates close enough for a tight stop

[10:00] {Threei}  and breaks with market strength resumption

[10:00] {Chaeron} call it please

[10:00] {Threei}  *OCT PENDING HOME SALES: -0.7% V -3.0%E

[10:00] {Threei}  wow

[10:00] {dino} sm l skf .75 risky

[10:00] {Threei}  housing is bottoming out or what?

[10:00] {Threei}  call what?

[10:00] {Threei} Long Setup:  MRVL  6.20 break if stays above 6.10

[10:00] {Threei}  this?

[10:01] {Geo} full?

[10:01] {Chaeron} I'll take it :)

[10:01] {Threei}  sure

[10:01] {Chaeron} was hoping DRYS

[10:01] {Threei}  liquid enough

[10:01] {Threei}  oh

[10:01] {Threei}  well, DRYS is obvious

[10:01] {Threei}  just risky

[10:01] {Threei}  9 break

[10:01] {Threei}  as it stands now, the closest serious support is 8.65

[10:02] {Threei}  a bit too far

[10:02] {dino} stopped skf

[10:02] {Threei}  so size it accordingly

[10:02] {Geo} SKF dino???

[10:02] {Geo} didnt know you played that

[10:02] {magoo} i hit drys agg .91

[10:03] {Threei}  WOW!!!

[10:03] {Threei}  ILLINOIS GOV ARRESTED BY FEDERAL OFFICERS; ACCUSED OF ATTEMPTING TO SELL THE APPOINTMENT TO FILL OBAMA'S SENATE SEAT

[10:03] {Geo} wow

[10:03] {Chaeron} MRVL. what the?

[10:04] {Threei}  shakeout

[10:04] {Threei}  use this bounce to get rid of it

[10:05] {Threei}  didn't expect teleportation of MRVL

[10:05] {Threei}  not very typical for this one

[10:05] {Geo} wierd

[10:05] {Chaeron} shook me for .06

[10:05] {magoo} i took 11

[10:06] {magoo} tryinmg to control that ansd aapl at once is difficult

[10:06] {Threei}  I'll say

[10:06] {magoo} in the same mkt push i hiyt aapl with it at .80

[10:07] {magoo} exit .54

[10:07] {Threei}  DRYS at 10:06 AM 12/9/2008: Currently at 1 x average daily volume.

[10:07] {Threei}  ain't it nice when we identify the hot item for the day so early

[10:08] {magoo} weird mkt here..down 125 but feels like rally

[10:08] {Threei}  I just thought that

[10:09] {Threei}  well, NQ's green

[10:09] {magoo} yes vad..just like when u identified HIG...NICE BOSS 

[10:09] {Threei}  ok, half out DRYS

[10:09] {Threei}  .28

[10:09] {tomg} still got some drys vad

[10:09] {Threei}  from 9 break tom?

[10:09] {Threei}  or from earlier?

[10:09] {tomg} y

[10:09] {Threei}  ok

[10:09] {Threei}  let's manage it

[10:09] {Threei}  half out here, and leave it alone

[10:09] {tomg} k

[10:09] {Threei}  stop under 9

[10:10] {Threei}  let it trade

[10:10] {Threei}  look to dump 1/4 more above 9.50

[10:10] {tomg} only 100

[10:10] {Threei}  ah

[10:10] {Threei}  then decide how important this profit is for you

[10:11] {magoo} where should i reenter}?

[10:11] {magoo} dont wanna miss the party

[10:11] {tomg} will keep stop at 9

[10:11] {Threei}  if it is, look to exit on the next spike... if not very much, keep stop under 9 and put it for sale at 9.95

[10:12] {magoo} u ignoring me lol

[10:12] {Threei}  then close your eyes and pray

[10:12] {tomg} :)

[10:12] {Threei}  of course I am mags...

[10:12] {Threei}  well

[10:12] {magoo} that does it....................

[10:12] {Threei}  9.30 break is next obvious trigger

[10:12] {Geo} return his statute magoo

[10:12] {Threei}  but you know how risk increases with each next break

[10:12] {magoo} rather catch pullbk

[10:13] {Threei}  if it stages serious pullback, it will a matter of separate read, can't get a feel of it now

[10:13] {Threei}  sometimes it's more or less readeable so I can say look for pullback to this or that level

[10:13] {Geo} mrvl sheesh

[10:13] {Threei}  not so much now

[10:18] {tomg} out .23

[10:18] {_elepet} i got in mrvl @ 6.14. let it run? or out?

[10:18] {ese} see you all tomorow....early day today.

[10:18] {tomg} take care ese

[10:18] {ese} see ya tom

[10:18] {Chaeron} bye ese

[10:18] {magoo} ESSSSSSSSS wait

[10:18] {ese} CHHH

[10:18] {Chaeron} :)

[10:18] {Threei}  I would take profit elepet, I don't like how it jumps suddenly against long position

[10:19] {Threei}  take care ese

[10:20] {Threei}  RIMM

[10:20] {_elepet} out at 6.33

[10:20] {Threei}  wtg

[10:20] {Threei}  small shares long on pullback idea on RIMM

[10:21] {Threei}  .20 seems to be it but make sure market resumes

[10:22] {Threei}  if goes up from here, will let it go

[10:22] {magoo} aapl dishes out huge slice of scalpers regrett

[10:22] {Threei}  FED'S BERNAKE:RRELUCTANT TO AID AUTOMAKERS WITHOUT CONGRESSIONAL ACTION - LETTER TO SEN DODD

[10:22] {Threei}  no slightest reluctance about showering bancks with trillions

[10:22] {Threei}  but so reluctant about 15B for big 3

[10:23] {Threei}  DRYS is geting ready it seems

[10:24] {Geo} i took rinn 38

[10:24] {Threei}  wtg

[10:24] {Geo} NQ was rising

[10:24] {Threei}  I missed it

[10:24] {Geo} i figured now or never

[10:25] {Geo} cut most of it... in 200 only now

[10:25] {Geo} trgaet below day high

[10:26] {Geo} out

[10:26] {Threei}  I am very tempted to ask what trgaet is but sense the slap coming

[10:26] {Geo} sheesh\

[10:26] {Threei}  congratulations anyway

[10:26] {Threei}  nice trade

[10:27] {Geo} ty... got agressive based on NQ behaviour

[10:29] {patience} out G (goldcorp ) + $1.25

[10:29] {Geo} nice 

[10:29] {Threei}  you trading it on canadian side?

[10:29] {patience} y

[10:29] {Threei}  k... US symbol is GG, so I figured it out :)

[10:31] {Threei}  okay DRYS

[10:31] {Threei}  go already

[10:32] {Threei}  offering 1/4 at .55

[10:34] {magoo} waiting .63

[10:34] {Geo} EGLE

[10:34] {Geo} shallow pullbacks

[10:34] {magoo} will cut it quick tho

[10:34] {Threei}  out 1/4 +.54

[10:34] {tomg} in .30 out .54

[10:35] {Threei}  offering last portion at 9.95

[10:35] {Threei}  stop under 9

[10:37] {magoo} partialed .63

[10:37] {patience} out HGU (Gold etf) +.53   2k

[10:37] {Threei}  wow

[10:37] {Threei}  nice

[10:37] {patience} i'm cashing out some stuff

[10:37] {dino} gj

[10:38] {patience} how you doing dino

[10:38] {magoo} i guerss u are lol

[10:38] {magoo} out remaing .73

[10:38] {magoo} TY vad

[10:38] {Threei}  welcome sir

[10:38] {Threei}  I am firm in my determination to get 9.95

[10:38] {Geo} missed drys for some reason

[10:39] {Geo} ahh was nursing mrvl

[10:39] {dino} sitting it out, cannot grasp this action

[10:39] {dino} thionking of some short swings

[10:39] {patience} me neither, which is why i'm raising cash

[10:39] {Geo} hehehe

[10:39] {Geo} nice way to raise cash

[10:40] {patience} got bills to pay geo   :)

[10:40] {dino} not making sense to me

[10:40] {Geo} tell me about it

[10:40] {Geo} wife bought a bed room set

[10:40] {hawkfan4} with u on that dino

[10:40] {Geo} i day trade early morning.... office day and assemble furniture at night

[10:40] {Geo} lol

[10:40] {dino} lol

[10:41] {tomg} aapl off 102 magoo?

[10:41] {Threei}  I wanted to ask whether you get paid for furniture assembling... then decided aganst it lest I invite undesired and x-rated responses

[10:41] {Geo} funny you ask

[10:41] {Threei}  I don't

[10:41] {Geo} i made her test the assmbled bed

[10:42] {Threei}  there

[10:42] {Geo} what?

[10:42] {Threei}  and I haven't even asked

[10:42] {Geo} you thinking diffrent from me?

[10:42] {Geo} :)

[10:42] {peterg} ok ok thought police are pulling up

[10:42] {Threei}  lol

[10:42] {Geo} what doe you think of MEOH vad?

[10:42] {Geo} and EGLE

[10:42] {Threei}  I? think?

[10:42] {Threei}  you flatter me

[10:42] {magoo} [10:22] {magoo} aapl dishes out huge slice of scalpers regrett

[10:43] {Geo} i changed subject due to thought police

[10:43] {Threei}  EGLE is DRYS sympathy

[10:43] {peterg} magoo speaks from the future

[10:43] {Geo} ok

[10:44] {magoo} tom no.....to risky aapl

[10:44] {magoo} could crash

[10:44] {Threei}  SENATE MAJORITY LEADER REID (D): CONGRESS MAY WORK OUT THE LAST DETAILS OF AUTO BILL WITHIN HOURS

[10:44] {Threei}  - Senate Minority Leader McConnell (R) comments that the bill is 'deeply flawed'{GM F}

[10:45] {peterg} what bill/policy isn't?

[10:45] {Threei}  lol, no kidding

[10:45] {peterg} problem with thinking; it is always wrong

[10:45] {peterg} partial, incomplete

[10:45] {Threei}  as if their other economic policies and decisions were sooo perfect

[10:45] {peterg} right

[10:45] {Threei}  also, one thing I don't get

[10:46] {Threei}  what kind of delusions is that to seel big 3 viability within a few months?

[10:46] {peterg} psychotic?

[10:46] {Threei}  they are not viable unless consumers market reverses, period

[10:46] {Threei}  any loan, bailout etc made now will not change that

[10:47] {Threei}  they WILL be back for more money unless buyers start buying

[10:47] {peterg} keep jobs for now plan

[10:48] {Threei}  come my .95

[10:48] {Threei}  just one more push

[10:48] {Threei}  yesssss

[10:48] {Threei}  out +.94 last poretion

[10:49] {peterg} very nice master vad

[10:49] {Threei}  thank you kind sir

[10:49] {magoo} nice

[10:49] {Geo} i think poretion is from the same school as tearget

[10:49] {Threei}  ok lisa... did I deliver, for all those troubles you went into, to flatter things impossible to flatter with straight face?? :)

[10:49] {Chaeron} thanks vad... took +$0.71 on DRYS

[10:50] {Threei}  wtg chaeron

06[10:50] * magoo slaps Chaeron around a bit with a large roll of cash

[10:50] {Threei}  and you do remember my alert a few weeks ago that we are slowly coming into period of longer holds

[10:50] {Chaeron} thanks mags, 3i

[10:50] {patience} out Barrick april options +.50

[10:50] {magoo} dont jinx it boss lol

[10:50] {patience} want to move to farther dated options for gold stocks

[10:51] {Threei}  [09:50] {magoo} has 9 writen all over it

[10:51] {Threei}  [09:50] {Threei} 9?

[10:51] {Threei}  [09:50] {Threei} I disagree

[10:51] {Threei}  [09:50] {Threei} 10

[10:51] {patience} and just to keep me humble, i am still holding my silver wheaten dec options wihch are worth 1 cent

[10:52] {tomg} you out drys vad?

[10:52] {tomg} you out drys vad?

[10:52] {Threei}  10:48] {Threei} yesssss

[10:52] {Threei}  [10:48] {Threei} out +.94 last poretion

[10:52] {tomg} scroll bar was up, sorry.........wtg

[10:52] {magoo} tom..it needs to breathe./.careful drys

[10:52] {tomg} ty magoo, 

[10:53] {magoo} couyld easily visit 9.50

[10:54] {Threei}  ok, this is something between sad and pathetic:

[10:54] {tomg} missed last 8 minutes because of scroll bar

[10:54] {Threei}  T BOONE PICKENS: EXPECTS OPEC WILL BRING OIL PRICE BACK TO $100/BBNL, EXPECTS CUT OF 2-2.5M BPD IN MEETING NEXT WEEK

[10:55] {magoo} sounds like magoo hoping in a bad trade lol

[10:55] {Threei}  this is exactly what it is

[10:55] {Geo} lol

[10:55] {magoo} uh..aapl will hit 140 soon...jobs feeling real healthy

[10:55] {Threei}  hate to see great man diminishing to this

[10:56] {magoo} hes being gutted

[10:56] {Threei}  DRYS probably goes higher but I am not taking it anymore here

[10:56] {magoo} now question is....11 next? its trading like HIG the other day

[10:57] {Threei}  as far as I am concerned, readeable part of the move is over, what happens from here and higher is insanity

[10:57] {magoo} drys today and HIG the other day remind me of years gone by when triggers propelled stox up eh vad

[10:57] {Threei}  not that insanity is untradeable...

[10:57] {Threei}  yup

[10:58] {Threei}  that was what I meant with that alert

[10:58] {Threei}  about big moves coming our way and scalping being partially replaced with, umm, daytrading version of buy and hold

[10:59] {Chaeron} wow I feel like I scalped dRYS.. heh

[10:59] {Threei}  lol

[10:59] {patience} which is my style vad

[10:59] {Threei}  this part of the move over 10 is unhinged

[10:59] {Threei}  don't care for it

[11:00] {Threei}  it eeds to pull back to become a stock totrade again

[11:00] {magoo} vad..how we p[ull up my comment about rally?

[11:00] {Threei}  or stall for a while, digest resiastance, consolidate

[11:00] {Threei}  made when mags?

[11:00] {magoo} today

[11:00] {Threei}  if today, just scroll up to find it

[11:01] {magoo} i thought we could f4 it or something

[11:01] {Threei}  ah

[11:01] {Threei}  ctrl - F

[11:01] {hawkfan4} [08:21] {magoo} but, most expect pullbk, so mkt may go 700 points

[11:01] {Chaeron} sheesh

[11:02] {magoo} [10:08] {magoo} weird mkt here..down 125 but feels like rally

[11:03] {wishbone} how do you cut and paste in mIRC ? anyone

[11:04] {Chaeron} wishbone... just scroll over stuff you want, then it CTL+V

[11:04] {wishbone} ty chaeron

[11:05] {Threei}  how about that, DRYS

[11:05] {peterg} bubble burst

[11:05] {Threei}  this is what happens when run overextends itself

[11:07] {magoo} i wouldnt call it bubble burst just yet...id say "heavy breather"

[11:07] {magoo} it loses 9 bubble burst

[11:08] {peterg} ok

[11:16] {magoo} massive room dump

[11:16] {Geo} back

[11:16] {patience} yup

[11:16] {magoo} u cause it patience lol

[11:16] {patience} yup, thought dino needed a break, market will go down now

[11:16] {peterg} back

[11:16] {dino}  put a little on patience

[11:16] {patience} hmm?

[11:16] {dino} shorts

[11:16] {patience} i don't do well shorting

[11:16] {patience} you consistantly can read it

[11:16] {dino} not posting, because i've been off last two days, don't want followers

[11:16] {dino} don't want to hurt

[11:16] {peterg} dino nice, not like mkt, which wants to hurt

[11:16] {dino} just ""noedge""

[11:16] {peterg} yes, but rbr day you returned from SC!

[11:16] {dino} yes, oct was good month

[11:16] {dino} nov dec. confusing

[11:17] {Threei}  server chocked

[11:17] {Threei}  hamsters need food

[11:23] {patience} glad i dumped stuff, heading out for a run

[11:24] {Onix} you run in the snow?

[11:24] {Threei}  lol

[11:24] {Threei}  what snow

[11:25] {Onix} i thought patience lives in Manitoba?

[11:26] {Threei}  she shivers whenjust hears that word

[11:27] {Onix} me too

[11:27] {dino} snowed last night here

[11:27] {Geo} thinking of driving palm springs for snow

[11:28] {dino} i'll mail you some, lol

[11:28] {Geo} hehehe

[11:28] {Geo} http://www.pstramway.com/

[11:28] {dino} in a bottle, you just have to re-freeze it

[11:28] {Geo} ahhh

[11:31] {magoo} [11:10] {magoo} it loses 9 bubble burst

[11:35] {Geo} .

[11:36] {tomg} ..

[11:36] {tomg} raise you one geo :)

[11:36] {Threei}  lol

[11:36] {Geo} :)

[11:39] {Geo} bonds spiked HARD

[11:41] {Geo} gave a 2 min warning on candles according to my chart

[11:42] {dino} grrr thought we'd lose it there

[11:46] {Geo} what do you think vad?

[11:46] {Geo} http://tinypic.com/view.php?pic=2u6n4fp&s=4

[11:47] {magoo} be back in a half

[11:50] {Threei}  yes

[11:51] {Geo} drys looking good again?

[11:51] {Threei}  no read here

[11:51] {Threei}  50/50

[11:51] {Geo} ok ty

[11:52] {Geo} oil spike

[11:52] {Geo} sorry... heheh gold

[12:13] {Threei}  yawn ©

[12:13] {peterg} is that a trade marked yawn?

[12:13] {Threei}  yes sir

[12:13] {Threei}  copyrighted

[12:14] {peterg} can I yawn anymore?

[12:14] {peterg} w/o crediting or paying you?

[12:14] {Threei}  you'd have to license it from me

[12:14] {peterg} man, you clever

[12:15] {_elepet} oh good..you haven't all died and gone to heaven.

[12:15] {peterg} soon, but not yet

[12:15] {Threei}  that's in our plans though

[12:15] {peterg} I thought traders went the other way

[12:16] {Threei}  btw, here is trademarked one: yawn®

[12:17] {peterg} I cant find copyright symbol on keyboard

[12:17] {Threei}  only bad traders peter... it's an unforgivable sin to lose money

[12:17] {peterg} lol

[12:17] {peterg} yes

[12:17] {Threei}  alt - 0169

[12:20] {Geo} we on break?

[12:20] {peterg} alt- brings up window, dont see copyright

[12:20] {Geo} ill run a quick errand

[12:21] {peterg} me too, but i want to copyright all the words in the language for licensing purposes

[12:21] {peterg} beat vad at his game

[12:21] {Geo} i thought canada paid UK licensing for using english

[12:21] {Threei}  not showing you how to do it then peter

[12:22] {peterg} canada pays queens rep 150 large to close parliament

[12:22] {peterg} ok ill leave somje words for you vad

[12:22] {wishbone} [09:22] {peterg} canada pays queens rep 150 large to close 

[12:22] {wishbone}   parliament

[12:22] {peterg} thks wishbn

[12:23] {peterg} please vad

[12:23] {wishbone} oops didn't mean to do that...playing w/ cut paste

[12:23] {peterg} sokd

[12:23] {peterg} okl

[12:23] {peterg} ok

[12:24] {Threei}  when mirc window is active, depress and hold alt,

[12:25] {Threei}  on numeric keypad hit consequently 0169,

[12:25] {Threei}  let alt go

[12:25] {Threei}  © appears

[12:25] {Threei}  to get ®, do the same with numbers 0174

[12:26] {peterg} numeric key pad not same as numbers on top of laptop, eh?

[12:26] {Geo} nope

[12:28] {peterg} ©!!

[12:28] {KSystems} ®?

[12:28] {Geo} lol

[12:28] {peterg} tks vad; you get a piece of the action

[12:29] {Threei}  cool

06[12:29] * Geo slaps peterg around a bit with a large alt symbol basket

06[12:30] * peterg slaps Geo around a bit with a large a medium-sized Num Lk key plus laptop

[12:30] {Geo} lol

[12:30] {peterg} ok

[12:30] {peterg} going for lunch, then I want some solid trades

[12:30] {Geo} in vads room everything is a large

[12:30] {peterg} got it

[12:32] {KSystems} Here is a table of all symbols available ;) http://www.lookuptables.com/

[12:32] {wishbone} [09:22] {peterg} canada pays queens rep 150 large to close 

[12:32] {wishbone}   parliament

[12:33] {wishbone} oops.

[12:33] {Threei}  lol

[12:33] {Threei}  wishbone... you may want to restrain your copy/paste ambitions

[12:35] {wishbone} lol.....bare w/ me tried to copy ks' URl and last cut appeared here.....?

[12:36] {Threei}  just highlight the line or words you want to copy, switch to where you want to paste and use right click-paste or Ctrl-V

[12:46] {patience} server must have heartburn vad and is burping

[12:46] {peterg} back

[12:46] {magoo} bsck

[12:46] {peterg} cut & paste---how highlight?

[12:46] {Threei}  sigh

[12:46] {peterg} just want to have some fun

[12:46] {Threei}  just drag cursor over what you want to highlight and let mousde button go

[12:46] {Threei}  highlight disappears, no need for right click

[12:47] {Threei}  highlighting itself puts the text in the buffer

[12:47] {peterg} just drag cursor over what you want to highlight and let mousde button go

[12:47] {KSystems} Surprise

[12:47] {peterg} hey-- i like it

[12:47] {Threei}  sorry guys, I tried to kick magoo just for the sheer fun of it, and overdid it

[12:47] {peterg} wow yellow and red

[12:47] {Geo} now  that i like

[12:48] {Geo} we have a mirc guru here

[12:48] {KSystems} This room is probably filled with the oldest 13yr olds I know :D

[12:48] {Threei}  KS, just don't teach anyone colora

[12:48] {Threei}  colors

[12:48] {peterg}  Surprise

[12:48] {peterg} no color

[12:48] {Threei}  burned retinas, you know

[12:48] {peterg} spies will get it out of him

[12:49] {Geo} more than that only vad is colored.... so easy to take calls

[12:49] {Threei}  no, on this I am not kidding (rare case, I know)

[12:49] {Threei}  just want calls to stand out

[12:49] {Geo} exactly

[12:49] {KSystems} oh ok

[12:50] {Geo} i have vad as blue with sound

[12:50] {Geo} so i only turn head if i hear it

[12:50] {Threei}  with accent?

[12:50] {Geo} of course

[12:50] {Threei}  good

06[12:50] * Threei is now known as real headturner

[12:51] {wishbone} geo how do you add sound?

[12:52] {Geo} files options irc highlight

[12:52] {Geo} i highlight vads id and add sound to it

[12:52] {peterg} üüüümlaut

[12:53] {Threei}  oh, btw... I take sever umbrage in 12:48] {KSystems} This room is probably filled with the oldest 13yr olds I know

[12:53] {Threei}  my sense of humor is frozen at the level of 11 years old

[12:53] {KSystems} i must apologize, then

[12:54] {wishbone} ty geo:)

[12:54] {peterg} no apology necessary ; good diagnosis

[12:54] {Threei}  indeed

[12:54] {Geo} i am here to trade and watch prn

[12:54] {Threei}  and you are out of good trades?

[12:54] {lisa_jay} Thanks Geo.

[12:54] {wishbone} lol

[12:55] {Geo} so second option it is

[12:55] {Geo} what a choppy inside day

[12:55] {Geo} i like trading extremes

[12:55] {Threei}  lisa... you must have missed my question after DRYS trade completion

[12:56] {Threei}  [10:49] {Threei} ok lisa... did I deliver, for all those troubles you went into, to flatter things impossible to flatter with straight face?? :)

[12:56] {lisa_jay} :-)  Yes.

[12:56] {Geo} man what a hunter of comliments

[12:56] {Geo} outdid me

[12:56] {Threei}  I am just more deserving geo {G}

[12:57] {Threei}  and more humble

[12:57] {Geo} vad has a sore back

[12:57] {Geo} all the patting is killing him

[12:57] {Threei}  no, back is fine, but dislocated shoulder is a constant problem

[12:57] {Geo} hehehe

[12:57] {Threei}  try to reach your own back to pat it...

[12:57] {Geo} good day vad...

[12:57] {Geo} I am sitting a 2 X.... in profit protection mode now

[12:58] {Threei}  4 x here

[12:58] {Geo} AND your X is what 4 times mine?

[12:59] {Threei}  I'll protect that information till last drop of my blood

[12:59] {Geo} ah comeone

[12:59] {Geo} you have snapshots in your books

[12:59] {Threei}  not for my personal account

[12:59] {Geo} the brockerage letter?

[12:59] {Threei}  those parts are blacked out

[13:00] {peterg} 2X, 4X ?? number of times stake doubled?

[13:00] {peterg} what?

[13:00] {Geo} no

[13:00] {Geo} X is daily expectation i guess

[13:00] {Threei}  first one was what, 10 years ago?

[13:00] {Threei}  and second is % only, no $

[13:00] {Geo} i know vad... just trying to get a feel

[13:00] {Geo} dont want too many details :)

[13:00] {peterg} If I expect 2 per cent gain, and make four, then I have 2X

[13:01] {Geo} good to know pacesetters

[13:01] {Geo} yes

[13:01] {Geo} peterg

[13:01] {peterg} tks

[13:01] {Threei}  not the way I use it peter

[13:01] {Threei}  I use $, not % for setting daily goals

[13:01] {Geo} same here

[13:01] {magoo} as my dear ole friend ross perot said "if u take a penny and double it...u be up 100% " lol

[13:01] {Threei}  eqzaktly

[13:02] {Geo} i have a small goal just cuz i am conparitively new.. and need the confidence lol

[13:02] {KSystems} How long have you been trading Geo?

[13:02] {Geo} less than 6 months seriously

[13:02] {Geo} less than a year overall

[13:02] {KSystems} ic

[13:02] {peterg} we are in the same class, geo

[13:03] {peterg} I started in May

[13:03] {Geo} ok some movement on the downside

[13:05] {peterg} must have chocolate

[13:10] {Geo} mmmm chocolate

[13:12] {dino} four week t-bills yield=0.00

[13:12] {dino} yesterday 3 mo. t-bill 0.005%

[13:13] {dino} bubble in the making in bonds

[13:18] {peterg} ok back from walgreens with midnight  dark chocolate milky way bar

[13:18] {peterg} used to pay 25c; now 96c w tax

[13:18] {peterg} heck, probly a nickel in fifties when I lived in chicago

[13:18] {peterg} tip o the hat to hawk

[13:20] {hawkfan4} :)

[13:21] {dino} dji lod approaches

[13:23] {patience} thought we would have a harder pullback

[13:24] {magoo} are we in anything vad?

[13:24] {Threei}  in coma

[13:25] {peterg} RIMM?

[13:25] {peterg} just dropped

[13:26] {Threei}  feels crapshoot peter...

[13:26] {Threei}  just no confident read

[13:26] {Threei}  don't want to squander profits on boredom trades

[13:26] {peterg} agreed

[13:27] {dino} feels like a whoosh down coming

[13:32] {patience} New Dehli 70 year old woman gives birth to first child...husband is 72

[13:33] {Geo} wot????

[13:33] {Geo} its not like they need more population

[13:33] {patience} 55 years of marriage, they wanted a child

[13:34] {Geo} selfish to die with childs in tweens

[13:34] {patience} if that long

[13:34] {dino} thats risking it

[13:36] {magoo} vad we in anything?

[13:36] {Threei}  in coma

[13:39] {Threei}  don't jump on mediocre trades mags

[13:39] {Threei}  let's wait for something more defined

[13:40] {magoo} huh?

[13:40] {Threei}  just trying to moderate your impatient desire to trade trade trade...

[13:42] {magoo} whatchatalkinboputwillis?

[13:43] {peterg} boputwillis

[13:43] {peterg} putwillis and callwillis

[13:57] {peterg} ok back in hr©

[14:06] {dino}  [13:28] {dino} feels like a whoosh down coming

[14:06] {hawkfan4} nice one dino

[14:07] {dino} gut

[14:07] {dino} finally in black, a.m. is killing me lately

[14:08] {dino} i should simply sleep in

[14:08] {hawkfan4} i've been making myself go do something around the house at the open, laundry, dishes.  keeps me out of trouble in the first few minutes

[14:09] {dino} good idea, maybe i should extend my morning walk

[14:09] {magoo} u guys nuts, vad and i make 90% in morning

[14:10] {dino} maybe i should trade vad in morning

[14:10] {Threei}  first trade today was at 9:31

[14:10] {Threei}  [09:31] {Threei} Long Setup: DRYS half lot 8 break if holding above 7.80

[14:10] {hawkfan4} me too, but right off the open i get whipped around.  i will take vad's tho.  ez button

[14:11] {Threei}  just diff styles... last couple weeks my morning ones work at around 80%

[14:11] {Threei}  especially those that trade a lot before open and form nice setup, so opening just triggers it

[14:12] {Threei}  but now that you all pile up, it will reverse of course {G}

[14:12] {hawkfan4} i do trade the premarket alot, then take a quick break

[14:13] {Threei}  I do too, not a lot though... but much more than say couple months ago

[14:13] {Threei}  and try to keep myself to half lot

[14:14] {Threei}  Dow - 240?

[14:14] {hawkfan4} yessir

[14:14] {Threei}  weird day

[14:14] {Threei}  or, for peter: wierd

[14:14] {Threei}  I mean, DOW spent practically all day in the red, just briefly flashed green,

[14:15] {Threei}  but for a good few hours felt like total bull market, lol

[14:15] {dino} need about 60 pts down, gap 8635

[14:15] {Threei}  just shows you how different day trader's world is

[14:16] {dino} yes

[14:16] {Threei}  normal citizen (aka comrade) comes home, opens paper, says "red day again, -100"

[14:16] {Threei}  day trader says "opened doewn 500, rallied 400, total bullish action"

[14:17] {wishbone} hmmm

[14:19] {dino} exhausting lately

[14:20] {Threei}  I start feeling funny about posting trading logs with those little blue blurbs

[14:20] {Threei}  every frking day for I don't know how long those forewords show winning days

[14:20] {Threei}  for a side observer must feel like fudged results, lol

[14:21] {Geo} mmmmmmm fudge

[14:21] {Chaeron} Christmas fudge is the best

[14:22] {hawkfan4} lol

[14:22] {Threei}  I guess I need to start apologizing for making money

06[14:23] * Geo slaps Threei around a bit with a large repent now DVD

[14:23] {Threei}  sorry dear reader but we are profitable for the day again

[14:23] {Chaeron} that's too politically correct

[14:23] {Geo} youre ok vad

[14:23] {dino} new low dji

[14:23] {Geo} we only buy pullbacks going long

[14:24] {Geo} so we are all patriots

[14:24] {Threei}  yup

[14:26] {Threei}  watching how DRYS takes market selling

[14:26] {Threei}  so far I like its resilience

[14:26] {magoo} man..2-2;30 crash

[14:26] {Threei}  market is almost at the opening price

[14:26] {Threei}  DRYS is nowhere even close

[14:27] {Threei}  worth a try for a scalp when market bounces

[14:29] {Threei}  getting ready

[14:29] {Geo} shorted drys 9.25

[14:29] {Geo} out

[14:29] {Threei}  wtg

[14:29] {lisa_jay} nice

[14:30] {hawkfan4} nice geo

[14:30] {Geo} for reasoning refer the chart posted.... by me

[14:30] {Geo} crazy ZB spike to HOD

[14:31] {Threei}  .86 - 9.01... too fast

[14:31] {dino} gj

[14:31] {Geo} pushd Qs down

[14:31] {Geo} how about that made money going down and going up 

[14:31] {Threei}  you need to find Laseer's analog for ZB geo

[14:31] {Geo} not suing laser... as i have the same affliction as dino

[14:32] {Geo} need my stops thrown out for me

[14:32] {Threei}  sheesh

[14:32] {Geo} lets ask laserdave

[14:32] {Threei}  I mean find us symbol to watch

[14:32] {Geo} i dont subscribe to futures data in laser

[14:32] {Threei}  what is exact ame for ZB?

[14:33] {Geo} 30 year bond

[14:33] {Geo} i am using march 09

[14:33] {Geo} anyone interested ill post chart... just takes me a while

[14:33] {Threei}  UAUA big dump

[14:36] {Geo} ZB is the globex symbol vad on CME

[14:36] {Threei}  I have CME feed

[14:36] {Threei}  I just don't know laser's symbol

[14:36] {Threei}  trying to watertorture dave

[14:36] {Threei}  but he avoids me

[14:36] {Threei}  (and who could blame him)

[14:36] {Geo} during the torture?

[14:37] {Geo} thats just rude

[14:37] {Threei}  indeed

[14:37] {Threei}  he just makes me to add electroshock...

[14:39] {Geo} .

[14:39] {magoo} drys man-0-man

[14:40] {Threei}  9 break, smaller shares

[14:40] {Threei}  stop under .80

[14:41] {Geo} in

[14:41] {Threei}  should spike to about .25 - .30

[14:42] {magoo} any q read?

[14:42] {Threei}  not really

[14:43] {Threei}  SEN MAJORITY LEADER REID: MAY BE 'VERY VERY DIFFICULT' TO HAVE VOTE ON AID FOR AUTMAKERS TODAY, MAY PUSH VOTE BACK TO TOMMOROW

[14:43] {Threei}  - Notes that Congress may need to work through the weekend on a vote, still expects aid to automakers{GM F}

[14:44] {Threei}  grrr

[14:44] {Threei}  told ya it was turning into the same saga as that bailout hearing

[14:44] {Threei}  with conflicting messages every couple hoirs

[14:44] {magoo} do they do that on purpose..all the grandestanding

[14:45] {cosmo} yes

[14:46] {cosmo} it coreagraphed

[14:47] {cosmo} its

[14:48] {Threei}  target

[14:48] {Geo} oput

[14:48] {Geo} ty vad

[14:48] {Threei}  welcome

[14:50] {Threei}  lol, DRYS is paying so many bills today

[14:50] {_elepet} i just woke up from a nap. anyone in drys?

[14:50] {Threei}  just exited

[14:50] {magoo} i am but from 9

[14:50] {Threei}  mortgage, car lease, heating, food

[14:50] {Threei}  tv

[14:51] {_elepet} i got in at .09

[14:51] {magoo} huh vad}/

[14:51] {Threei}  no wonder industry is doing poorly

[14:51] {Threei}  try to do your own work AND pay all our bills

[14:52] {magoo} im waiting .47

[14:52] {Threei}  elepet... why so much chasing

[14:52] {Threei}  9 break was call, 9.09 seems a bit too high

[14:53] {magoo} out

[14:53] {magoo} ty boss 

[14:53] {Threei}  welcome

[14:56] {peterg} back; reviewed log, appreciate honorable mention by vad

[14:56] {peterg} see you are mking more $$

[14:56] {peterg} good

[14:58] {Threei}  :)

[14:58] {Threei}  elepet, you out yet??

[14:59] {Threei}  peter, I have to say you confused me beyond imagination

[14:59] {Threei}  (not that it's very hard)

[15:00] {peterg} I improved your spelling; you improved my trading

[15:00] {peterg} simple

[15:00] {Threei}  but now a lot op words present difficulty for me

[15:00] {peterg} such is nature of learning process

[15:00] {Threei}  field? brief?

[15:00] {peterg} hahahhahaah

[15:00] {peterg} both right

[15:00] {peterg} good instinct

[15:00] {Threei}  grief?

[15:00] {peterg} you're getting it

[15:00] {Threei}  yeah, but why weird?? :)

[15:01] {peterg} i am learning french makes my head hurt

[15:01] {peterg} the w is the key, i think

[15:01] {peterg} or origin of word from ancient runic

[15:01] {Threei}  wield?

[15:01] {peterg} or was it tunic

[15:01] {peterg}  yes

[15:01] {peterg} weild

[15:01] {peterg} doesnt work

[15:01] {Threei}  wiener?

[15:02] {peterg} omigod you are thorough student

[15:02] {peterg} I proud

[15:02] {Threei}  {--- deeply and forever confused and bedazzled

[15:02] {peterg} but learning more and more

[15:02] {Threei}  while wishing to know less and less

[15:03] {peterg} yesss

[15:03] {Threei}  also... consider this:

[15:03] {Threei}  you wanted to improve your trading

[15:03] {Threei}  I never wanted to improve my spelling... just opposite

[15:03] {Threei}  life isn't fair

[15:04] {peterg} thats why you could consider me a meanie

[15:04] {Threei}  I consider everyone a meanie

[15:04] {Threei}  people say that's because I am one

[15:04] {peterg} ok then

[15:04] {Threei}  you should have see how this 6 years old looked at me couple days ago

[15:05] {Threei}  what a mean grumpy angry guy

[15:05] {cosmo} it runs in my family too

[15:05] {Threei}  you understand then cosmo...

[15:05] {cosmo} absolutely

[15:07] {cosmo} chip on my shoulder from a three generations ago

[15:08] {cosmo} -a

06[15:13] * magoo slaps Threei around a bit with a large russo wolverine fur hat

[15:14] {Threei}  wow

[15:14] {dptl} have a good evening all

[15:15] {Threei}  that's inventive

[15:15] {Threei}  take care dp

[15:15] {Threei}  see mags

[15:15] {Threei}  you scared dp with your creativity

[15:15] {dptl} lol

[15:15] {magoo} dp WAITTTTTTTT

[15:15] {dptl} no

06[15:15] * magoo slaps dptl around a bit with a large skerdy cat fur cap

[15:15] {dptl} :)

[15:16] {peterg} peterg doesn't slap anyone around with a ratty old rabbit hat

[15:22] {peterg} and why don't I?

[15:22] {peterg} Because I am so nice!

[15:25] {Threei}  ah

06[15:27] * magoo slaps laserdave1 around a bit with a large deck of plaboy bunny playing cards

[15:30] {peterg} ©?

[15:34] {patience} vad, any gut feel for  where the market is going from here?

[15:35] {Threei}  today?

[15:35] {Threei}  or overall?

[15:35] {patience} today, overall, 

[15:35] {patience} tomorrow

[15:35] {Threei}  today, down

[15:35] {patience} sure didn't go down as much as i thought it would

[15:35] {Threei}  tomorrow, depending on how this GM/F thing develops

[15:36] {magoo} dino is resident gut forecaster

[15:36] {patience} ok, thanks, i'll just stay out for now

[15:36] {patience} dino, what does your gut think

[15:38] {dino}  3:40 bounce

[15:38] {Threei}  arguing with dino's gut is a losing proposition

[15:38] {Threei}  but mine says not today

[15:39] {dino} maybe gap fill 1st

[15:41] {dino} bounce it was

[15:42] {peterg} Vad, Weekley's Etymological Dictionary of Modern English suggests that weird comes from ancient saxon, wyrd, from weorthan, and relate3s to ancient norwean, urthr, fate

[15:42] {peterg} Chaucer: the wirdes that we clepen destinee

[15:42] {patience} peter, what are you smoking?

[15:42] {magoo} huh??

[15:42] {Threei}  guess how many words in that explanation is above what I want to know

[15:42] {peterg} couldnt resist, sorryy

[15:43] {Threei}  :)

[15:43] {peterg} Patience, I wish for the olde days when I smoked more

[15:43] {Threei}  after 40 I found out I prfefer to unlearn things more than I want to learn them

[15:43] {magoo} my wife gave me sucrets this morn..exp date 2005...sigh

[15:43] {peterg} learn or die

[15:43] {peterg} and eventually die anyway

[15:44] {peterg} my wife always gives me stale medicines

[15:44] {peterg} am i missing something?

[15:45] {Threei}  no, rather gaining interesting experience

[15:46] {dino} ok, now gap fill dji at 8635 area

[15:46] {peterg} true

[15:46] {dino} hmmm, maybe 8651 was close enough

[15:55] {wishbone} good nite all

[15:55] {Threei}  take care wish

[15:55] {hawkfan4} ditto, have a good one all

[15:56] {Threei}  hawk :)

[15:56] {Threei}  ok guys

[15:56] {Threei}  thank you all

[15:56] {Threei}  another beautoful trading day... I am ashamed

[15:56] {Threei}  have a good evening, see you tomorrow

[15:56] {Threei}  we have to lose tomorrow

[15:57] {Threei}  or lightning will strike us

[15:57] {magoo} OY

[16:02] {dino} gn all