Session Start: Wed May 23 00:00:00 2007
Session Time: Wed May 23 00:00:00 2007
Session Start: Wed May 23 07:33:16 2007
[07:33] *** Now talking in #discussions
[07:33] -admin- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
[07:34] {Threei} SGMS 1:1
[07:34] {magoo} AMZN trigged
[07:35] {craigaudio} nice spike for you too maggo
[07:35] {craigaudio} magoo
[07:38] {esemde} I'm Long 500sh NTRI 63.78 ...this is a swing trade
[07:39] {esemde} I know we aren't doing this here but i thought that i would let you know
[07:39] {Threei} some of us do
[07:39] {esemde} been following this one for weeks....huge short squeeze potential
[07:40] * Threei is not going to name names but pointing finger at Roman
[07:40] {magoo} AMZN 71
[07:41] {esemde} ahhhhh haaaaa!!
[07:41] {craigaudio} nice gap fill on NTRI today
[07:42] {magoo} i minute to 71.23
[07:43] {magoo} 15 area next on CYPB
[07:45] * Threei envisions magoo doing rain dance in tutu over CYPB burial grounds
[07:45] {Roman} watching SOLF for another run, kinda strong other solar are not doing much
[07:45] {Roman} SIGA spike
[07:46] {Roman} LEND long setup
[07:46] {esemde} short ratio was over 10 at one point with blow out numbers last quarter
[07:47] {esemde} that spells disaster for either me or the short side...i'm bettin short side
[07:49] {dino} mw s .32, risky
[07:49] {magoo} aren't they all..sigh
[07:50] {dino} that is the business
[07:51] {Roman} long NFI
[07:51] {Roman} full size
[07:51] {Roman} all day hold
[07:52] {Roman} 6.70, maybe will get some mojo off FMT & LEND
[07:53] {Roman} GERN on radar
[07:59] {Roman} STEM high
[08:01] {Roman} ZIXI pop
[08:09] {Roman} JASO mentioned on CNBC
[08:09] {Roman} sqeeze!
[08:10] {craigaudio} nice
[08:11] {magoo} awesome rfr
[08:11] {magoo} caught 24.60 and out 25
[08:12] {Roman} gj
[08:12] {dino} wtg
[08:13] {Roman} SIGA new high
[08:13] {Roman} ASIA swing working out decent
[08:14] {Roman} CNQR new high
[08:15] {Roman} somethig is up with SIGA
[08:15] {Roman} SIGA +8.1% (announces successful results of proof of concept guinea pig trial of ST-193),
[08:15] {Roman} news earlier
[08:15] {magoo} come on maverick (ie vad) engage
[08:15] {Roman} SIGA Technologies says passes first hurdle with lassa fever antivirial ST-193 (3.69 ) : Co announces the "successful" results of a proof of concept guinea pig trial of its lead Lassa fever virus drug, ST-193. Administration with ST-193 resulted in significant reduction in mortality at the two doses tested, 80 mg/kg and 25 mg/kg, whereas all of the control animals and those treated with ribavirin succumbed to the disease within 20 d
[08:15] {Threei} hmm?
[08:16] {Roman} out ATHR flat
[08:17] {magoo} top gun
[08:19] {dino} cov mw .72, +.60
[08:19] {craigaudio} MXIM
[08:20] {dino} no takers huh
[08:20] {lklarson} sorry
[08:20] {dino} np, magoo hit it
[08:20] {magoo} THANX DINO
[08:20] {lklarson} missed that one unfortunately
[08:21] {dino} comv stalking
[08:22] {craigaudio} out mchx
[08:22] {craigaudio} cheers for call
[08:22] {dino} i'll grab the cabo wabo
[08:26] {dino} seno hl s .48, wild
[08:27] {esemde} well done craig
[08:28] {craigaudio} just sticking to the plan
[08:29] {dino} gj craig
[08:29] {Threei} when you have 15 min,
[08:29] {Threei} http://www.realitytrader.com/media.html
[08:30] {Threei} scroll down to grren icon
[08:30] {Threei} traderinterviews
[08:30] {dino} when you have time, get me a beer
[08:30] {Threei} but keep in mind, i hate it
[08:34] {dino} appb blood
[08:34] {Threei} PDLI
[08:35] {Threei} .60 long if stays above .50
[08:36] {Roman} ACOR long watch
[08:37] {craigaudio} big order in PDLI at .62 Vad
[08:38] {dino} cov seno .82, +.66, on darn partial 260
[08:39] {dino} 40 hanging
[08:43] {dino} mblx spike
[08:43] {dino} nvec
[08:44] {esemde} I thought the interview was very good Vad....you'll be alot more critical of yourself for sure but it was very good
[08:45] {esemde} the fellow who was ainterviewing you was not the most dynamic interviewer
[08:45] {Threei} thank you
[08:47] {Threei} magoo
[08:47] {Threei} look who is in
[08:47] {magoo} yes
[08:47] * Threei slaps LaserDave around a bit with a large trout
[08:47] * magoo slaps LaserDave around a bit with a large trout
[08:47] {Threei} there
[08:47] {magoo} thanx for alert
[08:47] {Threei} always
[08:48] {esemde} what did dave do this time?
[08:49] {Threei} if we knew what he did we would probably kill him...
[08:49] {dino} i was just explaining to magoo why you want partial fills
[08:49] {dino} enoc
[08:49] {Threei} that was morning idea... [08:59] {Threei} keep an eye on Laserdave dropping by, let's slap him happily
[08:50] {Threei} esemde, look dcc please :)
[08:51] {dino} cov remaining 40 seno .82
[08:52] {Threei} PDLI invalidated
[08:52] {dino} answer, the partials have to work, otherwise not partials
[08:53] {magoo} indeed it is vad
[08:53] {Threei} too deep dino...
[08:54] {magoo} everytime or team scores 100 points and we hold our opponent under 100......we USUALLY? win : )
[08:55] {dino} spls bstop to .01, slowwww
[08:56] {dino} cov spls .01, +.11, at daily, pulling back a bit
[09:03] {dino} efii
[09:09] {esemde} Vad, dcc
[09:14] {dino} psun
[09:14] {esemde} am off ..have a great rest of the day everyone
[09:14] {magoo} c u ES
[09:14] {Threei} take care esemde
[09:16] {Threei} FITB
[09:16] {Threei} .10 long for a scalp
[09:16] {Roman} out 1/2 NFI +.52
[09:17] {dino} later ese
[09:17] {Roman} take care esemde
[09:19] {dino} psun hl s .44, whippy
[09:19] {craigaudio} amzn attacking again
[09:19] {Threei} FITB 1:1
[09:19] {craigaudio} nice im out
[09:19] {magoo} out .23 THANX boss
[09:19] {Threei} welcome :)
[09:19] {Threei} nice and easy
[09:19] {magoo} INDEED
[09:20] {magoo} find another
[09:20] {Threei} it's never enough, is it?
[09:20] {Threei} :)
[09:20] {craigaudio} AZMN?
[09:21] {dino} cov psun .20, +.24
[09:22] {lklarson} nice one dino, missed it
[09:23] {lklarson} thx vad on fitb
[09:23] {Threei} MECA guys, don't forget
[09:23] {Threei} welcome lkl
[09:23] {lklarson} man, you still in that one vad
[09:23] {craigaudio} are you buying on break of .50 vad?
[09:23] {Threei} yes, .51 long
[09:24] {lklarson} ok
[09:24] {dino} ty lkl. brb
[09:24] {Threei} why not lkl... it behaves according to scenario so far, break of .50 is a valid trigger
[09:24] {lklarson} yes, you called it all the way so far, lol
[09:25] {Threei} look how 1:1 turned FITB
[09:25] {Threei} textbook
[09:25] {lklarson} nice
[09:26] {Threei} funny
[09:26] {Threei} canadian trader for a big bank lost 6 B (you read it right) in one week,
[09:26] {Threei} betting on natural gas price rising
[09:26] {lklarson} ouch
[09:27] {Threei} counting on damage from hurricanes etc
[09:27] {Threei} when I read the account of the story
[09:27] {Threei} I see mistakes he made,
[09:27] {Threei} and guess what
[09:27] {Threei} they are those same that I start any newer trader with
[09:28] {Threei} basic stuff about underlying market logic
[09:28] {Threei} "good news - up, bad news - down"
[09:28] {Threei} bank would do well paying me 1 B for training their traders - would have saved them 5B {G}
[09:29] {magoo} amzn feels like 72 comith
[09:29] {magoo} breathes hard tho
[09:29] {magoo} i am in off .30
[09:30] {Threei} AMZN, aka Hard Breather
[09:32] {Roman} i love the interview VAd
[09:32] {Threei} really?
[09:32] {Roman} had a smile on my face
[09:32] {magoo} u reading it or listening in?
[09:32] {Roman} listening it, got to HEAR vad speak
[09:33] {Threei} it's sound stream magoo, not a printed one
[09:33] {Threei} why smile roman? I really tried to refrain from jokes, wasn't about to kill potential listeners with my sense of humor which as we all know... umm... leaves much to desire
[09:34] {dino} vad the only problem is you still would have lost 1 b then
[09:34] {Roman} the way you talk, i get a feel that you are part of russian mafia stock trading community
[09:35] {Threei} part?
[09:35] {Threei} :)
[09:35] {Threei} why dino
[09:35] {DaveG} he's the head cheese
[09:35] {dino} 6b-5b=1b
[09:35] {Threei} you mean they would?
[09:35] {magoo} he has head cheese? yuck
[09:35] {dino} potatoe potato
[09:36] {Threei} well, the way I see it they would have saved 5 :)
[09:36] {Roman} but seriously, it's a very good interview, good coverage
[09:36] {Threei} and now I have real dilemma
[09:36] {Threei} who to trout, dave or magoo
[09:36] {Threei} ah, to the heck with choices
[09:36] {dino} busting you, only cause the 1b would've taken me out of the game
[09:36] * Threei slaps DaveG around a bit with a large trout
[09:36] * Threei slaps magoo around a bit with a large trout
[09:37] {DaveG} cover the bases
[09:37] {magoo} is that what all doc appointments are for ROFLOL
[09:37] {dino} pretty sure "chuck" would've called
[09:37] {Threei} awww... don't remind me, I have another one today :(
[09:37] {Threei} lol dino
[09:37] {magoo} come on AMZN
[09:37] {Threei} "you've got little margin call bud, nothing awful, but still"
[09:38] {magoo} out .68
[09:38] {magoo} looking to reenter tho
[09:38] {magoo} over 72 comith or i have what vad has
[09:38] {Threei} sigh
[09:38] {Threei} abuse I take
[09:38] {dino} exactly
[09:41] {magoo} in back .54
[09:46] {magoo} out here .85
[09:47] {Threei} nice scalping footwork
[09:51] {Threei} MECA about to
[09:52] {Threei} AMZN's verdict: magoo doesn't have what I have
[09:54] {magoo} : )
[09:55] {craigaudio} MECA fired
[09:55] {Threei} yup
[09:55] {craigaudio} what stop you using Vad
[09:55] {craigaudio} .43
[09:55] {craigaudio} ?
[09:55] {Threei} for swing trade, .30
[09:55] {Threei} for daytrade, .39
[09:55] {craigaudio} are you swinging it
[09:56] {craigaudio} ?
[09:56] {Threei} for aa scalp which I am not doing on this one, yes, .43
[09:56] {Threei} most likely yes
[09:56] {craigaudio} why swing?
[09:56] {Threei} unless it decides to go big today
[09:56] {Threei} because it acts step in step with my original swing scenario from 3.10
[09:56] {Roman} let the man SWING for once
[09:57] {Threei} remember it?
[09:57] {Threei} lol
[09:57] {craigaudio} hey isnt this an educational site?
[09:57] {Threei} yes it is
[09:57] {Roman} just kidding craig
[09:57] {Threei} this is why I didn't just say buy it at 3.10
[09:57] {craigaudio} i know
[09:58] {Threei} but went into great pain of explaining why
[09:58] {Threei} pain being, magoo looking at me, shrugging and saying "ah, just shutr up and say when to sell"
[09:58] {craigaudio} hmmm. sorry ive forgotten the rationale for the original trade.
[09:59] {Threei} if you want, I can find the scenario description in logs
[09:59] {craigaudio} is there a quick version
[09:59] {Threei} gimme a few
[09:59] {craigaudio} oh dont worry no drama
[09:59] {craigaudio} jesus was it that long a description?
[10:00] {Threei} not that long, I am just too lazy to type it again :)
[10:00] {craigaudio} i perhaps fell asleep during it then
[10:00] {Threei} or, my memory faded
[10:00] {craigaudio} mines pretty poor. i need some brain food
[10:00] {Roman} GMKT GMarket pops to session highs on rumor that YHOO could buy rest of the co (20.87 +0.49)
[10:02] {craigaudio} AMZN to the moon
[10:03] {dino} fitb
[10:03] {craigaudio} magoo you got it wrong. you said 71? the answer is 73
[10:03] {Roman} AMZN topped
[10:04] {magoo} thats what i think
[10:04] {Roman} the challange is to find that perfect spot to short
[10:04] {Roman} LEND new high
[10:04] {Threei} wow FITB
[10:05] {craigaudio} wow indeed
[10:05] {magoo} loss .50 rfr
[10:05] {craigaudio} so this is scalpers regret vad
[10:05] {Roman} OMTR high, hard to play
[10:06] {Roman} OMTR jumping
[10:06] {dino} u guys playing fitb?
[10:07] {Threei} did earlier
[10:07] {Roman} i got NFI earlier to hold all day, in case these lenders pop
[10:07] {Roman} doing alright so far
[10:07] {craigaudio} yes up a dollar roman. nice play
[10:09] {Roman} yeah, playing with LEND & FMT
[10:10] {craigaudio} wow
[10:10] {craigaudio} very good day for you roman.you have talked about backing the lenders though for a few days havent you
[10:11] {Roman} have been following them for a month now
[10:11] {Roman} OMCL new high
[10:11] {craigaudio} FMT nice continuation after fridays gap and yesterdasy lull
[10:13] {Roman} out remaining NFI +.90
[10:15] {DaveG} wtg
[10:18] {Roman} FTEK
[10:18] {Roman} sqeezing
[10:47] {dino} unca
[10:50] {magoo} hello???
[10:50] * DaveG slaps magoo around a bit with a large trout
[10:50] {Roman} :)
[10:57] {Threei} if NQ shows recovery, BRCM .47 long for a scalp
[10:58] {Threei} .39 stop
[10:58] {dino} s hl comv .80
[10:58] {dino} risky
[10:58] {dino} and wide
[11:05] {dino} ladeeda
[11:08] {dino} enoc
[11:10] {magoo} vad, u liking BRCM setup?
[11:12] {Threei} scratching my head
[11:13] {Threei} not sure magoo, honestly
[11:13] {Threei} if it held above ,40 answer would resounding yes
[11:13] {magoo} what to do...what to do....i could killl you??
[11:14] {magoo} mark antony
[11:14] {DaveG} denny crane
[11:14] {Threei} sigh
[11:15] {Chaeron} {{{ on phone with lawyer getting info on restraining order on magoo for Threei
[11:15] {dino} cov comv .49, +.31
[11:15] {Threei} thank you
[11:16] {dino} it is a good day to die
[11:16] {dino} lkl, u get that
[11:16] {dino} comv
[11:16] {magoo} violant office here
[11:16] {dino} heavy mtal does that
[11:16] {lklarson} no missed it too, argh
[11:17] {dino} i give up lkl, don't know what to do, :)
[11:17] {Chaeron} violant? Where's Raven....???
[11:17] {lklarson} sorry
[11:21] {dino} red day
[11:23] {dino} unca hl s .25
[11:23] {magoo} CYPB sh loss 16
[11:25] {magoo} feel real good on that one btw...but read disclaimer please
[11:27] {magoo} i just kicked dino in the ass so hard his tongue reads NIKE
[11:28] {lklarson} in unca at .27 sort
[11:28] {dino} and your foot smells to boot
[11:28] {lklarson} SHORT
[11:29] * magoo slaps lklarson around a bit with a large trout
[11:29] {dino} sort of or shrt, lol
[11:29] {lklarson} it's amazing, lol
[11:31] {dino} cov unca .01, +.24
[11:31] {lklarson} me too, thx dino, got that for a change
[11:33] {dino} gj buddy
[11:33] {lklarson} it's getting better:)
[11:34] {Threei} good one guys
[11:34] {dino} ty
[11:34] {dino} mkt is changing last 2 weeks. things are getting easier on the short side for me
[11:38] {magoo} COME ON VVAD...I NEED ONE MORE HIT FOR MY DAILY GOAL
[11:39] {Threei} can we lower your goal instead? :)
[11:39] {magoo} well if u give me a loser it will he he
[11:40] {Threei} lol
[11:40] {dino} vclk bloody
[11:41] {magoo} big reversal today...can't wait for cnbc pundits to talk about it all day
[11:42] {magoo} prefer a winner if u can vad
[11:44] {magoo} amzn feels short
[11:45] {lklarson} greenspan comments reason for reversal
[11:45] {magoo} he still alive?
[11:45] {Threei} thias guy just won't go awaqy
[11:45] {lklarson} lol
[11:46] {dino} comv spread
[11:47] {dino} was just .50-.91
[11:51] {Threei} NWEC 33 break short scalp
[11:52] {Threei} if stays below 33.10
[12:03] {Threei} Dave is strangely quiet last days
[12:03] {DaveG} yes he is
[12:03] {Threei} keep an eye on this guy lest he wins his contest aand runs away with our million
[12:07] {Threei} Ok guys, time for me to leave for docs
[12:07] {Threei} be good
[12:08] {Threei} you too magoo (I realize it's not an option really)
[12:08] {Roman} good luck Vad, see u tomorrow
[12:08] {dptl} good luck
[12:08] {Threei} thank you, take care
[12:08] {lklarson} take care vad, good luck
[12:08] {dino} gl vad
[12:11] {magoo} man AMZN gave it all back...nice
[12:15] {dino} calling it a day, very good one. golf course calling me, 84 degrees and sunny
[12:16] {lklarson} thx dino, gl with golf
[12:16] {magoo} i going golfing too, six pak, cart, 9 holes ,private course
[12:17] {dino} take care
[12:17] {patience} i walked around the golf course this morning if that counts....but no beer :(
[12:17] {lklarson} nice, hit em straight
[12:46] {craigaudio} bye guys see you tomorrow
[12:56] {dptl} bye guys
[12:57] {lklarson} good night all
Wednesday, May 23, 2007
Tuesday, May 22, 2007
Realitytrader TradeLog - May 22, 2007
Session Start: Tue May 22 00:00:00 2007
Session Time: Tue May 22 00:00:00 2007
[05:58] {_ted123} hi
[05:59] {esemde} good mornin all...
[05:59] {esemde} hows it goin ted?
[05:59] {Roman} good morning guys
[05:59] {esemde} gm roman
[06:00] {Roman} GIGM GigaMedia reports in-line; guides Q2 revenue growth lower than Q1 growth (15.97 )
[06:00] {_ted123} not bad:)
[06:00] {Threei} Good morning RT
[06:00] {Roman} Gapping up on strong earnings/guidance: PSUN +6.5%, ASEI +4.4%... Casino stocks seeing strength following Tracinda/MGM negotiations: MGM +24.1%, BYD +7.0%, WYNN +4.9%, LVS +3.9%...
[06:00] {Roman} Mortgage-related stocks moving following FMT developments: FMT +50.6%, NFI +9.9%, LEND +9.4%, IMH +6.6%, AHM +3.9%...
[06:00] {esemde} short candidate GIGM
[06:00] {Roman} Other news: AVNC +20.9% (announces FDA acceptance of Amoxicillin Pulsys NDA), OXPS +6.7% (continued momentum following yesterday's 7% move higher on takeover rumors), EMU +4.9% (light volume, broker comments out of Canada discussed potential sale of co), TSS +4.5% (mentioned by Cramer next co that could be bought), DNDN +4.5% (continuation of strength from yesterday afternoon), STM +2.5% (STM, INTC and Francisco Partners to create a new independent s
[06:02] {DaveG} morning
[06:02] {esemde} morning Vad
[06:04] {craigaudio} morning guys
[06:04] {esemde} morning craig
[06:05] {craigaudio} gm esemde
[06:05] {esemde} DNDN takes a lickin but keeps on tickin ...everready battery stock
[06:07] {lklarson} morn all
[06:08] {Threei} hi all :)
[06:08] {lklarson} Vad:)
[06:08] {magoo} TR gninrom
[06:08] {Threei} lkl :)
[06:08] {Threei} oogam :)
[06:09] {cosmo} SPSN
[06:09] {gabby} good morning all
[06:09] {Threei} gaby :)
[06:09] {cosmo} @ pre mkt high = 11.24
[06:10] {Threei} guess which stock we are going to revisit today
[06:10] {cosmo} NCSP?
[06:10] {Threei} lol
[06:10] {gabby} amzn?
[06:10] {cosmo} :)
[06:10] {Threei} not that far down history lane
[06:10] {Threei} MECA
[06:10] {Threei} remember the original scenario?
[06:10] {Threei} march from 3.10 to 3.50
[06:11] {Threei} battle there,
[06:11] {Threei} then posasible break of 3.50
[06:11] {Threei} it touched 3.48,
[06:11] {Threei} retreated
[06:11] {Threei} returned to 3.48 over a course of 3 days
[06:12] {Threei} 3.50 break if the next play
[06:12] {Threei} if = is
[06:14] {dino} gm all
[06:14] {Threei} dino
[06:14] {cosmo} AVNC pre mkt high = 3.50 fwiw
[06:15] {dptl} morning all
[06:15] {esemde} morning dino,,shot 84 yesterday couldn't put worth a $#@$#@
[06:16] {Threei} dp :)
[06:16] {cosmo} 84 ducks?
[06:16] {dino} spsn jumpy
[06:16] {magoo} neither can dino ES
[06:17] {esemde} would have had better luck with the ducks
[06:17] * Threei takes first row seat to watch dino clubbing magoo
[06:19] {magoo} ouch
[06:19] {dino} hey!
[06:20] {cosmo} ENER
[06:21] {cosmo} ....The Top Stocks for a Warmer Earth
[06:21] {cosmo} at TheStreet.com (Tue 6:38am)
[06:21] {cosmo} fwiw
[06:21] {Threei} as a contrarian, I can't help but wonder... is there alternative list for a colder earth?
[06:21] {Threei} just in case, you know
[06:22] {esemde} that is the question...do we want a warmer earth
[06:23] {esemde} my property will then be under water
[06:23] {Threei} in couple hundred years, even if so... I think you have some time still to sell
[06:24] {cosmo} global warming is good ... ice ages are bad
[06:24] {esemde} won't quite make it to Vads house ....have always wanted a pool in the back yard
[06:24] {cosmo} do the math
[06:25] {Threei} and move to the top of Dean mountaing
[06:25] {esemde} hit me with the math
[06:25] {Threei} -g
[06:25] {cosmo} 2+2=
[06:25] {DaveG} 5
[06:25] {cosmo} nice
[06:25] {DaveG} :)
[06:25] {Threei} F, dave... it's 4.83
[06:26] {cosmo} big brother loves you, Dave
[06:26] {DaveG} :)
[06:26] {Threei} also, it depends on whether we are buying or selling
[06:26] {DaveG} i was never any good at math
[06:26] {Threei} luckily it's not a requirement for trading
[06:26] {DaveG} :)
[06:27] {esemde} 9:40am = 3'50 entry MECA hows that math
[06:29] {esemde} NQ's slight trend down to eopening
[06:32] {magoo} AVNC
[06:32] {Threei} Long Setup: FRPT half lot 29
[06:32] {Threei} grrr
[06:32] {Threei} that was way fast
[06:32] {magoo} got it :)
[06:33] {Threei} stop under 28.80 in case it gives second chance
[06:33] {Threei} wtg magoo, great reflexes
[06:33] {magoo} luvcky
[06:33] {magoo} sheesh..typing
[06:34] {dino} your talking's no picnic either
[06:34] {Threei} target 30
[06:34] {Threei} partial out somewhere on the way up
[06:34] {craigaudio} im half out at 1:1. holding half for 30
[06:34] {magoo} out .34, THANX vad
[06:34] {Threei} in full?
[06:35] {magoo} yeah, had 1k
[06:35] {Threei} OK, no crying at 30, deal?
[06:35] {dino} gj
[06:35] {magoo} i'll reenter
[06:35] {dino} vclk crazy again
[06:35] {gabby} out FRPT .33 tks 3i
[06:36] {Threei} out 1/3 .65
[06:36] {Threei} welcome
[06:36] {magoo} reentere half .48 vad
[06:36] {Threei} OK, risk is higher here, dump half
[06:37] {magoo} out .75 : )
[06:37] {Threei} out 1/3 more
[06:38] {Threei} .91
[06:38] {dino} spsn s .81, stop .02
[06:38] {magoo} LEND coming back roman
[06:38] {Threei} stop is .35 for the last 1/3
[06:39] {magoo} how about bounce entry FRPT? for us out
[06:40] {dino} risky, s hl mgm .85, wide stop
[06:40] {esemde} spsn...cors
[06:40] {Threei} can't tell like this magoo... need to see new setup
[06:40] {magoo} ok
[06:41] {magoo} but if it nears .40 area, and holds might be nice
[06:41] {Roman} back, had some internet problems
[06:42] {magoo} gremlins??
[06:42] {magoo} AVNC over 4 ..riski
[06:42] {Roman} MPEL
[06:42] {Roman} long watch
[06:42] {craigaudio} yes. was just looking roman at that
[06:43] {Roman} sqeezing today with gaming
[06:43] {dino} cov mgm .80, +1.05
[06:43] {Threei} magoo, .71 long if stays above .50
[06:43] {Threei} smallish shares
[06:44] {magoo} WOW ding dong, er, um ...DINO :)
[06:44] {dino} lucky
[06:44] {esemde} nice one dino
[06:44] {Roman} AGEN again
[06:45] {magoo} now, if he could only get a BUCK hunting
[06:45] {dino} lol
[06:46] {craigaudio} PTEN long off 27?
[06:47] {Roman} RIMM Research In Motion runs to session highs as it edges above yesterday's high at 153.69 (153.80 +2.00) -Update- -Technical-
[06:47] {Threei} chart's good craig
[06:47] {Threei} it's somewhat freaky stock
[06:47] {craigaudio} worth a punt?
[06:47] {Threei} so keep your shares on a conservative side
[06:48] {craigaudio} ok FRPT looking good for the add here too
[06:48] {magoo} FMT long trigger .42...scalp to .77 area
[06:49] {magoo} DNDN near high here
[06:50] {craigaudio} FRPT stop at 29.49
[06:50] {magoo} FRPT news?
[06:52] {dino} spsn bstop to b/e
[06:53] {craigaudio} Force Protection: TWP comments on meeting with mgmt; believes co remains an acquisition candidate (28.38 ) : Thomas Weisel notes they met with FRPT mgmt to get an update on the co and market demand, as well as tour the facilities to view progress on the production ramp. Firm says that the expected increase in Army requirement for MRAP further supports their thesis that: 1) the program is likely to grow; 2) the co is well positioned for wh
[06:53] {craigaudio} acquisition candidate.
[06:53] {Roman} TBUS short some news earlier
[06:53] {Roman} had some news earlier
[06:53] {magoo} thanx craig
[06:53] {craigaudio} out FRPT. luckily got out before the collapse as saw orders dry out
[06:54] {dino} spsn stopped +.03
[06:54] {magoo} in avnc
[06:54] {magoo} over 4 comith
[06:55] {craigaudio} still wating for PTEN
[06:56] {craigaudio} CTXS?
[06:56] {craigaudio} through .50?
[06:56] {Threei} tough call
[06:57] {Threei} 50/50
[06:57] {craigaudio} will sit it out then
[06:57] {craigaudio} long PTEN
[06:57] {dino} omri
[06:58] {magoo} anyone with me AVNC?
[06:58] {magoo} lay out
[06:58] {Threei} nice
[06:58] {craigaudio} im in avnc from the premarket high .51
[06:59] {magoo} LAY OUT
[06:59] {dino} hl vclk s .99
[06:59] {magoo} out .98
[07:00] {DaveG} lay out?
[07:00] {magoo} [09:58] {craigaudio} im in avnc from the premarket high .51
[07:00] {DaveG} it's a little early to be sunbathing
[07:00] * magoo slaps DaveG around a bit with a large trout
[07:00] {magoo} new i forgot to do something
[07:00] {DaveG} :)
[07:00] {Threei} knew that frtont seat I took earlier would be good for something
[07:02] {craigaudio} put on 2 more klingers on forex
[07:02] {craigaudio} both up so far
[07:03] {craigaudio} oups wrong window
[07:03] {craigaudio} star trek trading society
[07:04] {dino} cov vclk .69, +.30
[07:07] {magoo} CTXS high
[07:08] {magoo} vad, u got any left frpt?
[07:08] {Threei} 1/3
[07:08] {magoo} i got a half chicken
[07:08] {Threei} [09:38] {Threei} stop is .35 for the last 1/3
[07:10] {magoo} we will be out in 2 mins vad
[07:10] {Threei} promise?
[07:10] {magoo} yes I DO
[07:10] {craigaudio} moving stop on PTEN to .96
[07:11] {Threei} offering 30.12
[07:12] {magoo} .11 he hre
[07:12] {craigaudio} nice guys
[07:13] {Threei} sheesh... 2 cents shy lol
[07:13] {magoo} .01 away rats
[07:13] {Threei} 30 target is hit
[07:13] {Threei} can I go home?
[07:13] {magoo} no way hose'
[07:13] {craigaudio} CECO high
[07:14] {magoo} double rats vad
[07:15] {Threei} stop under .90
[07:15] {Threei} tightening
[07:15] {Threei} yesssssss
[07:15] {magoo} OUTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT
[07:15] {magoo} BEAUTY BOSS
[07:16] * Threei looks in the mirror... wow, magoo is badly mistaken
[07:16] {craigaudio} wow
[07:16] {craigaudio} i played it all wrong on FRPT
[07:16] {magoo} no your not because magoo is shallow and sees the $$ he he
[07:16] {Threei} lol
[07:16] {dino} edap
[07:17] {Threei} craig... you don't often see me making a call for a full buck target
[07:17] {craigaudio} yes. take heed of such calls
[07:17] {Threei} this is real confidence :)
[07:17] {magoo} craig, u out AVNC?
[07:17] {craigaudio} most of it. got tiny part in at entry
[07:17] {magoo} ok, good, stox always ALWAYS breathe regardless
[07:18] {magoo} but do not always come back
[07:18] {magoo} AVNC could be done...not saying it is...but knew it had to breathe
[07:20] {craigaudio} yes
[07:20] {dino} risky, hl s edap .48
[07:21] {cosmo} AVNC needs to hold 3.6 .. or its a 'death rattle'
[07:22] {magoo} FRPT looks to go over 31 vad
[07:22] {magoo} or we can short it he he...u see how committed i am?
[07:22] {craigaudio} wow FRPT
[07:23] {magoo} crap...laserheads..we can not short it
[07:23] {dino} hooker spread edap
[07:24] {magoo} your favoruiute dino?
[07:24] {dino} cov edap .70, +.78
[07:24] {dino} indeed sir
[07:25] {magoo} DINO IS BACKKKKKKKKKKKK
[07:25] {DaveG} wtg dino
[07:25] {dino} opps no fill, cx that
[07:26] {magoo} call chuck dino
[07:26] {dino} yeah, went right thru me
[07:26] {Threei} TSYS
[07:27] {Threei} 5.23 long if stays above .15
[07:29] {magoo} we platy that yester??
[07:29] {Threei} yup
[07:30] {Threei} ONAV small shares over .10
[07:30] {cosmo} AVNC testing
[07:30] {Threei} stop under 22.90
[07:30] {Threei} jumpy
[07:30] {magoo} vad, small shares ??
[07:30] {magoo} 498 lol
[07:33] {craigaudio} out small gain on PTEN. failed to make new highs. not keen now
[07:34] {craigaudio} watch it fly now
[07:35] {craigaudio} ONAV fired
[07:36] {dino} edap, pappa needs some new shoes
[07:38] {dino} official, cov edap .30, +1.18
[07:38] {craigaudio} anyone in ONAV?
[07:38] {Threei} me is
[07:38] {magoo} i am
[07:38] {craigaudio} thin stock
[07:39] {dino} tough crowd
[07:39] {Roman} long GERN 9.05 slow
[07:39] {Threei} sorry dino
[07:39] {Threei} we just prefer not to see that
[07:39] {dino} lol, just bustin', taking break, way over daily
[07:39] {Threei} fantastic job
[07:39] {craigaudio} you that man
[07:40] {dino} :)_
[07:41] {Threei} come on NQ, time to rock
[07:48] {magoo} onav behaves
[07:48] {magoo} i waiting .47
[07:49] {magoo} unless i change mind
[07:50] {magoo} i change my mind as much as my trading daiper lol
[07:53] {dino} gpic
[07:56] {Threei} ABTL again
[08:11] {esemde} have a great day everyone...see ya'll tomorrow
[08:11] {craigaudio} bye esemde
[08:11] {Threei} take care esemde
[08:11] {magoo} by ES
[08:12] {dino} cya ese
[08:17] {dino} gpic hl s .09
[08:18] {Threei} activity died fast today
[08:19] {magoo} yep..but u hit them good vad when the gettin was good : )
[08:21] {Threei} hopefully we will have more
[08:21] {craigaudio} how we feeling aobut TSYS? and ONAV?
[08:21] {Threei} would hate to be done for the day, lol
[08:22] {Threei} just letting them work it out, this way or that
[08:22] {craigaudio} cool
[08:27] {dino} gpic stopped .17, -.08
[08:31] {magoo} nice GERN roman
[08:40] {Roman} JASO long
[08:40] {Roman} 1/2, 24.84 area
[08:40] {Roman} 24.18
[08:46] {dino} ponr
[08:55] {dino} gj magoo
[09:02] {dino} 'vocs
[09:12] {Threei} TSTC?
[09:15] {dino} nah, imo
[09:15] {dino} lunch time i guess
[09:17] {Threei} CHTR... probably looking to break 4
[09:17] {magoo} big share play?
[09:18] {craigaudio} too late though for entry now. or on break of 4?
[09:18] {Threei} no, break 4 is too risky
[09:18] {Threei} I'd oprefer a pullback, to sell into spike over 4
[09:18] {dino} risk is our business
[09:18] {magoo} big shares?
[09:19] {dino} mflo jiggy
[09:19] {Threei} yes magoo
[09:19] {craigaudio} looking at 15min chart it moves 15cents consolidates then moves up again
[09:21] {magoo} we atre not gonna get entry on it ....chtr
[09:23] {magoo} read on mnst vad..thinking short
[09:24] {Threei} .80 closest resistance
[09:24] {craigaudio} schw still looks ok. made higher pivot low
[09:24] {Threei} can short aggressively near it with tight stop
[09:25] {magoo} even now with dow going green?
[09:25] {Threei} no, gotta get sings of weakening
[09:25] {Threei} signs
[09:30] {dino} mnst l .89
[09:35] {dino} out mnst +.17
[09:36] {craigaudio} nice dino. what was the setup?
[09:36] {dino} coin flip, w/ stop at lod
[09:36] {craigaudio} nice. as good as any
[09:37] {dino} bingo
[09:37] {craigaudio} exit when you hear the kettle boiling?
[09:37] {dino} flip a coin, keep a stop
[09:37] {dino} no, trailed stop too tight to lock in 100
[09:38] {magoo} no i confused...u flipping coin or playing bingo??
[09:38] {dino} coins magoo and the easy button
[09:46] {dino} de l .60
[09:48] {lklarson} any target for DE
[09:50] {Roman} ZVUE HandHeld Entertainment CEO says he expects co to be cash flow positive by year end at the JMP Research Conference (2.13 +0.15) -Update-
[09:52] {dino} lkl sorry daydreaming. hoping for .03ish, but who knows
[09:53] {dino} need mkt help
[09:53] {lklarson} ok, thx
[09:53] {dino} min target is .87
[09:54] {dino} min
[09:54] {dino} hit
[09:55] {craigaudio} TICK SPIKE over 1200
[09:57] {dino} hmmm de
[10:00] {craigaudio} anyone still in TSYS?
[10:00] {Threei} yeah, had it for sale at .31
[10:00] {Threei} 1 cent shy
[10:00] {craigaudio} i see
[10:01] {craigaudio} i was waiting on the 1:1
[10:01] {craigaudio} pants
[10:01] {craigaudio} whers your stop. i moved mine to 5.17
[10:01] {Threei} same
[10:01] {Roman} still in JASO
[10:01] {Roman} going for new high, IMO
[10:02] {dino} lkl dk on de
[10:03] {lklarson} out at .87 thx
[10:03] {dino} gj
[10:07] {dino} out .01, de +.41
[10:07] {dino} brb
[10:08] {lklarson} nice dino
[10:17] {dino} ty
[10:17] {dino} lets find one more and call it a day
[10:20] {Threei} sorry guys
[10:20] {Threei} just finished interview with http://www.traderinterviews.com/
[10:21] {Threei} they phoned 1 hour eaerlier than they should
[10:21] {Threei} took me off guard :)
[10:23] {dino} you're fired
[10:24] {Threei} cool
[10:30] {Roman} out 1/2 JASO +.30
[10:30] {Threei} nice
[10:31] {Threei} (just commenting as recently fired and not participating :)
[10:31] {lklarson} that sucker stopped me out to the penny
[10:32] {dino} l rvbd .27, stop lod
[10:32] {Threei} anyone got CHTR on pullback?
[10:32] {dino} i'd like to charter a boat
[10:32] {Threei} keep stop at .89 if so
[10:33] {Threei} AZPN
[10:34] {Threei} scalp candidate here
[10:35] {Threei} 14.99 stop
[10:35] {magoo} exit area?
[10:35] {craigaudio} whats the netry?
[10:35] {craigaudio} entry?
[10:35] {Threei} scalp most likely
[10:36] {Threei} was 15.09 - 15.10 at the moment
[10:36] {Roman} SOLF high
[10:37] {Roman} HSOA slow riser
[10:37] {Roman} did i spell that right?
[10:38] {Threei} rizer?
[10:38] {Roman} :)
[10:52] {Roman} AMZN coming back
[10:53] {magoo} exit area vad....azpn?
[10:54] {Threei} 1:1
[10:54] {Roman} NVDA
[10:54] {Roman} long , small worth a try
[10:54] {Roman} on 35.45 break
[10:54] {Roman} AAPL Apple iPhone to be available for prepaid users - The Boy Genius Report (112.97 +0.99) -Update-
[10:56] {Roman} APPB spike
[10:56] {magoo} out .17, thanx lord vader
[10:56] {Roman} ATHR long watch
[10:58] {Threei} welcome sir
[10:59] {magoo} vad...i am your father in magoo best darlk voice
[10:59] {Threei} uh oh
[10:59] {Threei} I have highly dangerous set of genes then
[11:00] {magoo} what size u wear he he
[11:00] {magoo} genes?
[11:00] {Threei} hey, I am in a process of losing weight
[11:01] {cosmo} INTENTIONALLY?
[11:01] {Threei} very
[11:01] {cosmo} sorry
[11:01] {cosmo} caps
[11:03] {cosmo} so....they take pound of flesh at these appointments?
[11:06] {Roman} JASO again
[11:06] {Roman} SOLF workingg it too
[11:07] {dino} l mnst .20, stop .99
[11:07] {magoo} anyone going after NVDA?
[11:07] {cosmo} NVDA nice handle
[11:09] {dino} rvbd stopped -.18
[11:13] {Threei} my 1:1 AZPN reached
[11:13] {Threei} out
[11:13] {lklarson} i'm out too thx vad
[11:13] {Threei} welcome
[11:14] {magoo} nice vad
[11:14] {Threei} am not
[11:14] {Threei} not with such set of jenes anyway {G}
[11:14] {Threei} genes
[11:14] {Threei} whatever
[11:14] {lklarson} dino, whats your target for MNST
[11:16] {dino} .60ish
[11:16] {dino} min .40
[11:16] {lklarson} ok, thx
[11:17] {Roman} ATHR going
[11:17] {Roman} in 29.329 area , small, stop under $29
[11:23] {dino} mnst stop to .07
[11:25] {dino} risky, hl s mgm .85
[11:26] {dino} cov mgm .65, +.30
[11:27] {dino} .95 was entry, typo
[11:28] {lklarson} thought so
[11:28] {dino} lkl, mnst not working too well stop to .10
[11:28] {lklarson} ok, thx
[11:30] {lklarson} anyone in nvda
[11:30] {Roman} not yet
[11:31] {Roman} it looks good, especially if NQ resumes higher
[11:31] {magoo} bagged it
[11:31] {lklarson} got it at .46
[11:33] {dino} omri hl s .44
[11:33] {dino} stop .56
[11:34] {Roman} magood, dcc
[11:35] {Roman} weird, QCOM & BRCM spiked
[11:35] {Roman} stock buyback probably
[11:36] {Threei} with NQ I'd guess
[11:37] {Roman} ATHR new high
[11:38] {magoo} i like amzn over 69
[11:38] {magoo} to go there..not entry
[11:39] {dino} mnst stop to .15
[11:39] {dino} mkt fall
[11:39] {dino} stopped -.05
[11:40] {Roman} QCOM Qualcomm: Hearing DB out with a note saying QCOM/BRCM have settled and positive for both; note ITC was expected to decide wether to ban imports on Fri (47.16 +1.01) -Update-
[11:41] {Roman} BRCM can sqeeze on these news
[11:42] {Threei} out TSYS
[11:43] {Threei} things are slow but working
[11:44] {Threei} craig?
[11:44] {craigaudio} yes
[11:44] {craigaudio} ?
[11:45] {Threei} out TSYS?
[11:45] {craigaudio} i was out 10cents before you
[11:45] {craigaudio} at 1:1
[11:45] {Threei} k :)
[11:45] {Threei} I lpartialled there, not kept full lot
[11:45] {craigaudio} i was only in half lot so took everything out
[11:46] {Threei} nice patience
[11:46] {craigaudio} what are you thinking for NVDA?
[11:46] {Threei} me? thinking?
[11:46] {Threei} wow, thanks
[11:46] {craigaudio} entered at .41 and have tight stop .35
[11:46] {Threei} reasonable trade
[11:49] {Roman} VSEA spike
[11:50] {Roman} MVIS swinger
[11:52] {lklarson} out OMRI +.16 thx dino
[11:53] {dino} np
[11:56] {Roman} in NVDA .46
[12:01] {craigaudio} whats you target roman? on NVDA?
[12:02] {Roman} $35.74
[12:02] {Roman} if it had more time, i think over $36
[12:03] {Roman} VNDA Vanda Pharma announces antipsychotic iloperidone results show "favorable" Akathisia profile (20.29 +0.11)
[12:08] {magoo} AMZN
[12:10] {magoo} out .91, + .40
[12:10] {magoo} [14:37] {magoo} i like amzn over 69
[12:12] {craigaudio} nice trade magoo
[12:13] {Threei} nice spike NVDA
[12:14] {Roman} out NVDA +.09
[12:15] {Roman} NQ pullback
[12:15] {Roman} probably nothing, just trying to scare folks
[12:16] {Roman} out remaining jASO
[12:22] {lklarson} man, wish I had a wider stop on JASO nice call Roman
[12:24] * magoo slaps Roman around a bit with a large trout
[12:24] {Roman} yeah, its jumpy, i take smaller size and have a wider stop
[12:24] {Roman} out GERN +.21
[12:24] {lklarson} ok
[12:25] {dino} cov omri .22, +.22
[12:26] {Roman} this is very healthy market rally, IMO
[12:26] * magoo slaps Roman around a bit with a large trout
[12:26] {Roman} got pullbacks and stuff
[12:26] * magoo slaps Roman around a bit with a large trout
[12:26] {Roman} what's with the slapping my man
[12:26] {magoo} warming up to slap dave : )
[12:26] {Roman} :)
[12:27] {magoo} watch tomorrow when he logs in...he gets three
[12:27] {patience} where is dave today?
[12:28] {Threei} magoo slapped him into oblivion
[12:29] {magoo} vad...look frpt..red
[12:30] {Threei} yeah
[12:31] {Chaeron} :P
[12:31] {craigaudio} that massive tail on the 5min 50cent tail gave everyone the signal
[12:31] {craigaudio} to go short
[12:37] {dino} comv s hl .95
[12:40] {dino} cov comv .59, +.36
[12:41] {dino} thats it for me, thx all, very good day
[12:41] {lklarson} take care dino
[12:41] {craigaudio} good work dino
[12:41] {craigaudio} well played
[12:42] {dino} bit of luck, but i count on it
[12:42] {dino} take care all
[12:42] {craigaudio} dont we all
[12:50] {craigaudio} bye guys
[12:50] {craigaudio} see you all tomorrow
[12:50] {craigaudio} thanks for the help vad
[12:50] {Threei} welcome
[12:50] {Threei} thank you all
[12:50] {lklarson} thx vad
[12:50] {Threei} have a good evening, see you tomorrow
[12:50] {lklarson} have a good night all
[12:55] {dptl} gn all
[12:59] {magoo} thanx everyone
Session Time: Tue May 22 00:00:00 2007
[05:58] {_ted123} hi
[05:59] {esemde} good mornin all...
[05:59] {esemde} hows it goin ted?
[05:59] {Roman} good morning guys
[05:59] {esemde} gm roman
[06:00] {Roman} GIGM GigaMedia reports in-line; guides Q2 revenue growth lower than Q1 growth (15.97 )
[06:00] {_ted123} not bad:)
[06:00] {Threei} Good morning RT
[06:00] {Roman} Gapping up on strong earnings/guidance: PSUN +6.5%, ASEI +4.4%... Casino stocks seeing strength following Tracinda/MGM negotiations: MGM +24.1%, BYD +7.0%, WYNN +4.9%, LVS +3.9%...
[06:00] {Roman} Mortgage-related stocks moving following FMT developments: FMT +50.6%, NFI +9.9%, LEND +9.4%, IMH +6.6%, AHM +3.9%...
[06:00] {esemde} short candidate GIGM
[06:00] {Roman} Other news: AVNC +20.9% (announces FDA acceptance of Amoxicillin Pulsys NDA), OXPS +6.7% (continued momentum following yesterday's 7% move higher on takeover rumors), EMU +4.9% (light volume, broker comments out of Canada discussed potential sale of co), TSS +4.5% (mentioned by Cramer next co that could be bought), DNDN +4.5% (continuation of strength from yesterday afternoon), STM +2.5% (STM, INTC and Francisco Partners to create a new independent s
[06:02] {DaveG} morning
[06:02] {esemde} morning Vad
[06:04] {craigaudio} morning guys
[06:04] {esemde} morning craig
[06:05] {craigaudio} gm esemde
[06:05] {esemde} DNDN takes a lickin but keeps on tickin ...everready battery stock
[06:07] {lklarson} morn all
[06:08] {Threei} hi all :)
[06:08] {lklarson} Vad:)
[06:08] {magoo} TR gninrom
[06:08] {Threei} lkl :)
[06:08] {Threei} oogam :)
[06:09] {cosmo} SPSN
[06:09] {gabby} good morning all
[06:09] {Threei} gaby :)
[06:09] {cosmo} @ pre mkt high = 11.24
[06:10] {Threei} guess which stock we are going to revisit today
[06:10] {cosmo} NCSP?
[06:10] {Threei} lol
[06:10] {gabby} amzn?
[06:10] {cosmo} :)
[06:10] {Threei} not that far down history lane
[06:10] {Threei} MECA
[06:10] {Threei} remember the original scenario?
[06:10] {Threei} march from 3.10 to 3.50
[06:11] {Threei} battle there,
[06:11] {Threei} then posasible break of 3.50
[06:11] {Threei} it touched 3.48,
[06:11] {Threei} retreated
[06:11] {Threei} returned to 3.48 over a course of 3 days
[06:12] {Threei} 3.50 break if the next play
[06:12] {Threei} if = is
[06:14] {dino} gm all
[06:14] {Threei} dino
[06:14] {cosmo} AVNC pre mkt high = 3.50 fwiw
[06:15] {dptl} morning all
[06:15] {esemde} morning dino,,shot 84 yesterday couldn't put worth a $#@$#@
[06:16] {Threei} dp :)
[06:16] {cosmo} 84 ducks?
[06:16] {dino} spsn jumpy
[06:16] {magoo} neither can dino ES
[06:17] {esemde} would have had better luck with the ducks
[06:17] * Threei takes first row seat to watch dino clubbing magoo
[06:19] {magoo} ouch
[06:19] {dino} hey!
[06:20] {cosmo} ENER
[06:21] {cosmo} ....The Top Stocks for a Warmer Earth
[06:21] {cosmo} at TheStreet.com (Tue 6:38am)
[06:21] {cosmo} fwiw
[06:21] {Threei} as a contrarian, I can't help but wonder... is there alternative list for a colder earth?
[06:21] {Threei} just in case, you know
[06:22] {esemde} that is the question...do we want a warmer earth
[06:23] {esemde} my property will then be under water
[06:23] {Threei} in couple hundred years, even if so... I think you have some time still to sell
[06:24] {cosmo} global warming is good ... ice ages are bad
[06:24] {esemde} won't quite make it to Vads house ....have always wanted a pool in the back yard
[06:24] {cosmo} do the math
[06:25] {Threei} and move to the top of Dean mountaing
[06:25] {esemde} hit me with the math
[06:25] {Threei} -g
[06:25] {cosmo} 2+2=
[06:25] {DaveG} 5
[06:25] {cosmo} nice
[06:25] {DaveG} :)
[06:25] {Threei} F, dave... it's 4.83
[06:26] {cosmo} big brother loves you, Dave
[06:26] {DaveG} :)
[06:26] {Threei} also, it depends on whether we are buying or selling
[06:26] {DaveG} i was never any good at math
[06:26] {Threei} luckily it's not a requirement for trading
[06:26] {DaveG} :)
[06:27] {esemde} 9:40am = 3'50 entry MECA hows that math
[06:29] {esemde} NQ's slight trend down to eopening
[06:32] {magoo} AVNC
[06:32] {Threei} Long Setup: FRPT half lot 29
[06:32] {Threei} grrr
[06:32] {Threei} that was way fast
[06:32] {magoo} got it :)
[06:33] {Threei} stop under 28.80 in case it gives second chance
[06:33] {Threei} wtg magoo, great reflexes
[06:33] {magoo} luvcky
[06:33] {magoo} sheesh..typing
[06:34] {dino} your talking's no picnic either
[06:34] {Threei} target 30
[06:34] {Threei} partial out somewhere on the way up
[06:34] {craigaudio} im half out at 1:1. holding half for 30
[06:34] {magoo} out .34, THANX vad
[06:34] {Threei} in full?
[06:35] {magoo} yeah, had 1k
[06:35] {Threei} OK, no crying at 30, deal?
[06:35] {dino} gj
[06:35] {magoo} i'll reenter
[06:35] {dino} vclk crazy again
[06:35] {gabby} out FRPT .33 tks 3i
[06:36] {Threei} out 1/3 .65
[06:36] {Threei} welcome
[06:36] {magoo} reentere half .48 vad
[06:36] {Threei} OK, risk is higher here, dump half
[06:37] {magoo} out .75 : )
[06:37] {Threei} out 1/3 more
[06:38] {Threei} .91
[06:38] {dino} spsn s .81, stop .02
[06:38] {magoo} LEND coming back roman
[06:38] {Threei} stop is .35 for the last 1/3
[06:39] {magoo} how about bounce entry FRPT? for us out
[06:40] {dino} risky, s hl mgm .85, wide stop
[06:40] {esemde} spsn...cors
[06:40] {Threei} can't tell like this magoo... need to see new setup
[06:40] {magoo} ok
[06:41] {magoo} but if it nears .40 area, and holds might be nice
[06:41] {Roman} back, had some internet problems
[06:42] {magoo} gremlins??
[06:42] {magoo} AVNC over 4 ..riski
[06:42] {Roman} MPEL
[06:42] {Roman} long watch
[06:42] {craigaudio} yes. was just looking roman at that
[06:43] {Roman} sqeezing today with gaming
[06:43] {dino} cov mgm .80, +1.05
[06:43] {Threei} magoo, .71 long if stays above .50
[06:43] {Threei} smallish shares
[06:44] {magoo} WOW ding dong, er, um ...DINO :)
[06:44] {dino} lucky
[06:44] {esemde} nice one dino
[06:44] {Roman} AGEN again
[06:45] {magoo} now, if he could only get a BUCK hunting
[06:45] {dino} lol
[06:46] {craigaudio} PTEN long off 27?
[06:47] {Roman} RIMM Research In Motion runs to session highs as it edges above yesterday's high at 153.69 (153.80 +2.00) -Update- -Technical-
[06:47] {Threei} chart's good craig
[06:47] {Threei} it's somewhat freaky stock
[06:47] {craigaudio} worth a punt?
[06:47] {Threei} so keep your shares on a conservative side
[06:48] {craigaudio} ok FRPT looking good for the add here too
[06:48] {magoo} FMT long trigger .42...scalp to .77 area
[06:49] {magoo} DNDN near high here
[06:50] {craigaudio} FRPT stop at 29.49
[06:50] {magoo} FRPT news?
[06:52] {dino} spsn bstop to b/e
[06:53] {craigaudio} Force Protection: TWP comments on meeting with mgmt; believes co remains an acquisition candidate (28.38 ) : Thomas Weisel notes they met with FRPT mgmt to get an update on the co and market demand, as well as tour the facilities to view progress on the production ramp. Firm says that the expected increase in Army requirement for MRAP further supports their thesis that: 1) the program is likely to grow; 2) the co is well positioned for wh
[06:53] {craigaudio} acquisition candidate.
[06:53] {Roman} TBUS short some news earlier
[06:53] {Roman} had some news earlier
[06:53] {magoo} thanx craig
[06:53] {craigaudio} out FRPT. luckily got out before the collapse as saw orders dry out
[06:54] {dino} spsn stopped +.03
[06:54] {magoo} in avnc
[06:54] {magoo} over 4 comith
[06:55] {craigaudio} still wating for PTEN
[06:56] {craigaudio} CTXS?
[06:56] {craigaudio} through .50?
[06:56] {Threei} tough call
[06:57] {Threei} 50/50
[06:57] {craigaudio} will sit it out then
[06:57] {craigaudio} long PTEN
[06:57] {dino} omri
[06:58] {magoo} anyone with me AVNC?
[06:58] {magoo} lay out
[06:58] {Threei} nice
[06:58] {craigaudio} im in avnc from the premarket high .51
[06:59] {magoo} LAY OUT
[06:59] {dino} hl vclk s .99
[06:59] {magoo} out .98
[07:00] {DaveG} lay out?
[07:00] {magoo} [09:58] {craigaudio} im in avnc from the premarket high .51
[07:00] {DaveG} it's a little early to be sunbathing
[07:00] * magoo slaps DaveG around a bit with a large trout
[07:00] {magoo} new i forgot to do something
[07:00] {DaveG} :)
[07:00] {Threei} knew that frtont seat I took earlier would be good for something
[07:02] {craigaudio} put on 2 more klingers on forex
[07:02] {craigaudio} both up so far
[07:03] {craigaudio} oups wrong window
[07:03] {craigaudio} star trek trading society
[07:04] {dino} cov vclk .69, +.30
[07:07] {magoo} CTXS high
[07:08] {magoo} vad, u got any left frpt?
[07:08] {Threei} 1/3
[07:08] {magoo} i got a half chicken
[07:08] {Threei} [09:38] {Threei} stop is .35 for the last 1/3
[07:10] {magoo} we will be out in 2 mins vad
[07:10] {Threei} promise?
[07:10] {magoo} yes I DO
[07:10] {craigaudio} moving stop on PTEN to .96
[07:11] {Threei} offering 30.12
[07:12] {magoo} .11 he hre
[07:12] {craigaudio} nice guys
[07:13] {Threei} sheesh... 2 cents shy lol
[07:13] {magoo} .01 away rats
[07:13] {Threei} 30 target is hit
[07:13] {Threei} can I go home?
[07:13] {magoo} no way hose'
[07:13] {craigaudio} CECO high
[07:14] {magoo} double rats vad
[07:15] {Threei} stop under .90
[07:15] {Threei} tightening
[07:15] {Threei} yesssssss
[07:15] {magoo} OUTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT
[07:15] {magoo} BEAUTY BOSS
[07:16] * Threei looks in the mirror... wow, magoo is badly mistaken
[07:16] {craigaudio} wow
[07:16] {craigaudio} i played it all wrong on FRPT
[07:16] {magoo} no your not because magoo is shallow and sees the $$ he he
[07:16] {Threei} lol
[07:16] {dino} edap
[07:17] {Threei} craig... you don't often see me making a call for a full buck target
[07:17] {craigaudio} yes. take heed of such calls
[07:17] {Threei} this is real confidence :)
[07:17] {magoo} craig, u out AVNC?
[07:17] {craigaudio} most of it. got tiny part in at entry
[07:17] {magoo} ok, good, stox always ALWAYS breathe regardless
[07:18] {magoo} but do not always come back
[07:18] {magoo} AVNC could be done...not saying it is...but knew it had to breathe
[07:20] {craigaudio} yes
[07:20] {dino} risky, hl s edap .48
[07:21] {cosmo} AVNC needs to hold 3.6 .. or its a 'death rattle'
[07:22] {magoo} FRPT looks to go over 31 vad
[07:22] {magoo} or we can short it he he...u see how committed i am?
[07:22] {craigaudio} wow FRPT
[07:23] {magoo} crap...laserheads..we can not short it
[07:23] {dino} hooker spread edap
[07:24] {magoo} your favoruiute dino?
[07:24] {dino} cov edap .70, +.78
[07:24] {dino} indeed sir
[07:25] {magoo} DINO IS BACKKKKKKKKKKKK
[07:25] {DaveG} wtg dino
[07:25] {dino} opps no fill, cx that
[07:26] {magoo} call chuck dino
[07:26] {dino} yeah, went right thru me
[07:26] {Threei} TSYS
[07:27] {Threei} 5.23 long if stays above .15
[07:29] {magoo} we platy that yester??
[07:29] {Threei} yup
[07:30] {Threei} ONAV small shares over .10
[07:30] {cosmo} AVNC testing
[07:30] {Threei} stop under 22.90
[07:30] {Threei} jumpy
[07:30] {magoo} vad, small shares ??
[07:30] {magoo} 498 lol
[07:33] {craigaudio} out small gain on PTEN. failed to make new highs. not keen now
[07:34] {craigaudio} watch it fly now
[07:35] {craigaudio} ONAV fired
[07:36] {dino} edap, pappa needs some new shoes
[07:38] {dino} official, cov edap .30, +1.18
[07:38] {craigaudio} anyone in ONAV?
[07:38] {Threei} me is
[07:38] {magoo} i am
[07:38] {craigaudio} thin stock
[07:39] {dino} tough crowd
[07:39] {Roman} long GERN 9.05 slow
[07:39] {Threei} sorry dino
[07:39] {Threei} we just prefer not to see that
[07:39] {dino} lol, just bustin', taking break, way over daily
[07:39] {Threei} fantastic job
[07:39] {craigaudio} you that man
[07:40] {dino} :)_
[07:41] {Threei} come on NQ, time to rock
[07:48] {magoo} onav behaves
[07:48] {magoo} i waiting .47
[07:49] {magoo} unless i change mind
[07:50] {magoo} i change my mind as much as my trading daiper lol
[07:53] {dino} gpic
[07:56] {Threei} ABTL again
[08:11] {esemde} have a great day everyone...see ya'll tomorrow
[08:11] {craigaudio} bye esemde
[08:11] {Threei} take care esemde
[08:11] {magoo} by ES
[08:12] {dino} cya ese
[08:17] {dino} gpic hl s .09
[08:18] {Threei} activity died fast today
[08:19] {magoo} yep..but u hit them good vad when the gettin was good : )
[08:21] {Threei} hopefully we will have more
[08:21] {craigaudio} how we feeling aobut TSYS? and ONAV?
[08:21] {Threei} would hate to be done for the day, lol
[08:22] {Threei} just letting them work it out, this way or that
[08:22] {craigaudio} cool
[08:27] {dino} gpic stopped .17, -.08
[08:31] {magoo} nice GERN roman
[08:40] {Roman} JASO long
[08:40] {Roman} 1/2, 24.84 area
[08:40] {Roman} 24.18
[08:46] {dino} ponr
[08:55] {dino} gj magoo
[09:02] {dino} 'vocs
[09:12] {Threei} TSTC?
[09:15] {dino} nah, imo
[09:15] {dino} lunch time i guess
[09:17] {Threei} CHTR... probably looking to break 4
[09:17] {magoo} big share play?
[09:18] {craigaudio} too late though for entry now. or on break of 4?
[09:18] {Threei} no, break 4 is too risky
[09:18] {Threei} I'd oprefer a pullback, to sell into spike over 4
[09:18] {dino} risk is our business
[09:18] {magoo} big shares?
[09:19] {dino} mflo jiggy
[09:19] {Threei} yes magoo
[09:19] {craigaudio} looking at 15min chart it moves 15cents consolidates then moves up again
[09:21] {magoo} we atre not gonna get entry on it ....chtr
[09:23] {magoo} read on mnst vad..thinking short
[09:24] {Threei} .80 closest resistance
[09:24] {craigaudio} schw still looks ok. made higher pivot low
[09:24] {Threei} can short aggressively near it with tight stop
[09:25] {magoo} even now with dow going green?
[09:25] {Threei} no, gotta get sings of weakening
[09:25] {Threei} signs
[09:30] {dino} mnst l .89
[09:35] {dino} out mnst +.17
[09:36] {craigaudio} nice dino. what was the setup?
[09:36] {dino} coin flip, w/ stop at lod
[09:36] {craigaudio} nice. as good as any
[09:37] {dino} bingo
[09:37] {craigaudio} exit when you hear the kettle boiling?
[09:37] {dino} flip a coin, keep a stop
[09:37] {dino} no, trailed stop too tight to lock in 100
[09:38] {magoo} no i confused...u flipping coin or playing bingo??
[09:38] {dino} coins magoo and the easy button
[09:46] {dino} de l .60
[09:48] {lklarson} any target for DE
[09:50] {Roman} ZVUE HandHeld Entertainment CEO says he expects co to be cash flow positive by year end at the JMP Research Conference (2.13 +0.15) -Update-
[09:52] {dino} lkl sorry daydreaming. hoping for .03ish, but who knows
[09:53] {dino} need mkt help
[09:53] {lklarson} ok, thx
[09:53] {dino} min target is .87
[09:54] {dino} min
[09:54] {dino} hit
[09:55] {craigaudio} TICK SPIKE over 1200
[09:57] {dino} hmmm de
[10:00] {craigaudio} anyone still in TSYS?
[10:00] {Threei} yeah, had it for sale at .31
[10:00] {Threei} 1 cent shy
[10:00] {craigaudio} i see
[10:01] {craigaudio} i was waiting on the 1:1
[10:01] {craigaudio} pants
[10:01] {craigaudio} whers your stop. i moved mine to 5.17
[10:01] {Threei} same
[10:01] {Roman} still in JASO
[10:01] {Roman} going for new high, IMO
[10:02] {dino} lkl dk on de
[10:03] {lklarson} out at .87 thx
[10:03] {dino} gj
[10:07] {dino} out .01, de +.41
[10:07] {dino} brb
[10:08] {lklarson} nice dino
[10:17] {dino} ty
[10:17] {dino} lets find one more and call it a day
[10:20] {Threei} sorry guys
[10:20] {Threei} just finished interview with http://www.traderinterviews.com/
[10:21] {Threei} they phoned 1 hour eaerlier than they should
[10:21] {Threei} took me off guard :)
[10:23] {dino} you're fired
[10:24] {Threei} cool
[10:30] {Roman} out 1/2 JASO +.30
[10:30] {Threei} nice
[10:31] {Threei} (just commenting as recently fired and not participating :)
[10:31] {lklarson} that sucker stopped me out to the penny
[10:32] {dino} l rvbd .27, stop lod
[10:32] {Threei} anyone got CHTR on pullback?
[10:32] {dino} i'd like to charter a boat
[10:32] {Threei} keep stop at .89 if so
[10:33] {Threei} AZPN
[10:34] {Threei} scalp candidate here
[10:35] {Threei} 14.99 stop
[10:35] {magoo} exit area?
[10:35] {craigaudio} whats the netry?
[10:35] {craigaudio} entry?
[10:35] {Threei} scalp most likely
[10:36] {Threei} was 15.09 - 15.10 at the moment
[10:36] {Roman} SOLF high
[10:37] {Roman} HSOA slow riser
[10:37] {Roman} did i spell that right?
[10:38] {Threei} rizer?
[10:38] {Roman} :)
[10:52] {Roman} AMZN coming back
[10:53] {magoo} exit area vad....azpn?
[10:54] {Threei} 1:1
[10:54] {Roman} NVDA
[10:54] {Roman} long , small worth a try
[10:54] {Roman} on 35.45 break
[10:54] {Roman} AAPL Apple iPhone to be available for prepaid users - The Boy Genius Report (112.97 +0.99) -Update-
[10:56] {Roman} APPB spike
[10:56] {magoo} out .17, thanx lord vader
[10:56] {Roman} ATHR long watch
[10:58] {Threei} welcome sir
[10:59] {magoo} vad...i am your father in magoo best darlk voice
[10:59] {Threei} uh oh
[10:59] {Threei} I have highly dangerous set of genes then
[11:00] {magoo} what size u wear he he
[11:00] {magoo} genes?
[11:00] {Threei} hey, I am in a process of losing weight
[11:01] {cosmo} INTENTIONALLY?
[11:01] {Threei} very
[11:01] {cosmo} sorry
[11:01] {cosmo} caps
[11:03] {cosmo} so....they take pound of flesh at these appointments?
[11:06] {Roman} JASO again
[11:06] {Roman} SOLF workingg it too
[11:07] {dino} l mnst .20, stop .99
[11:07] {magoo} anyone going after NVDA?
[11:07] {cosmo} NVDA nice handle
[11:09] {dino} rvbd stopped -.18
[11:13] {Threei} my 1:1 AZPN reached
[11:13] {Threei} out
[11:13] {lklarson} i'm out too thx vad
[11:13] {Threei} welcome
[11:14] {magoo} nice vad
[11:14] {Threei} am not
[11:14] {Threei} not with such set of jenes anyway {G}
[11:14] {Threei} genes
[11:14] {Threei} whatever
[11:14] {lklarson} dino, whats your target for MNST
[11:16] {dino} .60ish
[11:16] {dino} min .40
[11:16] {lklarson} ok, thx
[11:17] {Roman} ATHR going
[11:17] {Roman} in 29.329 area , small, stop under $29
[11:23] {dino} mnst stop to .07
[11:25] {dino} risky, hl s mgm .85
[11:26] {dino} cov mgm .65, +.30
[11:27] {dino} .95 was entry, typo
[11:28] {lklarson} thought so
[11:28] {dino} lkl, mnst not working too well stop to .10
[11:28] {lklarson} ok, thx
[11:30] {lklarson} anyone in nvda
[11:30] {Roman} not yet
[11:31] {Roman} it looks good, especially if NQ resumes higher
[11:31] {magoo} bagged it
[11:31] {lklarson} got it at .46
[11:33] {dino} omri hl s .44
[11:33] {dino} stop .56
[11:34] {Roman} magood, dcc
[11:35] {Roman} weird, QCOM & BRCM spiked
[11:35] {Roman} stock buyback probably
[11:36] {Threei} with NQ I'd guess
[11:37] {Roman} ATHR new high
[11:38] {magoo} i like amzn over 69
[11:38] {magoo} to go there..not entry
[11:39] {dino} mnst stop to .15
[11:39] {dino} mkt fall
[11:39] {dino} stopped -.05
[11:40] {Roman} QCOM Qualcomm: Hearing DB out with a note saying QCOM/BRCM have settled and positive for both; note ITC was expected to decide wether to ban imports on Fri (47.16 +1.01) -Update-
[11:41] {Roman} BRCM can sqeeze on these news
[11:42] {Threei} out TSYS
[11:43] {Threei} things are slow but working
[11:44] {Threei} craig?
[11:44] {craigaudio} yes
[11:44] {craigaudio} ?
[11:45] {Threei} out TSYS?
[11:45] {craigaudio} i was out 10cents before you
[11:45] {craigaudio} at 1:1
[11:45] {Threei} k :)
[11:45] {Threei} I lpartialled there, not kept full lot
[11:45] {craigaudio} i was only in half lot so took everything out
[11:46] {Threei} nice patience
[11:46] {craigaudio} what are you thinking for NVDA?
[11:46] {Threei} me? thinking?
[11:46] {Threei} wow, thanks
[11:46] {craigaudio} entered at .41 and have tight stop .35
[11:46] {Threei} reasonable trade
[11:49] {Roman} VSEA spike
[11:50] {Roman} MVIS swinger
[11:52] {lklarson} out OMRI +.16 thx dino
[11:53] {dino} np
[11:56] {Roman} in NVDA .46
[12:01] {craigaudio} whats you target roman? on NVDA?
[12:02] {Roman} $35.74
[12:02] {Roman} if it had more time, i think over $36
[12:03] {Roman} VNDA Vanda Pharma announces antipsychotic iloperidone results show "favorable" Akathisia profile (20.29 +0.11)
[12:08] {magoo} AMZN
[12:10] {magoo} out .91, + .40
[12:10] {magoo} [14:37] {magoo} i like amzn over 69
[12:12] {craigaudio} nice trade magoo
[12:13] {Threei} nice spike NVDA
[12:14] {Roman} out NVDA +.09
[12:15] {Roman} NQ pullback
[12:15] {Roman} probably nothing, just trying to scare folks
[12:16] {Roman} out remaining jASO
[12:22] {lklarson} man, wish I had a wider stop on JASO nice call Roman
[12:24] * magoo slaps Roman around a bit with a large trout
[12:24] {Roman} yeah, its jumpy, i take smaller size and have a wider stop
[12:24] {Roman} out GERN +.21
[12:24] {lklarson} ok
[12:25] {dino} cov omri .22, +.22
[12:26] {Roman} this is very healthy market rally, IMO
[12:26] * magoo slaps Roman around a bit with a large trout
[12:26] {Roman} got pullbacks and stuff
[12:26] * magoo slaps Roman around a bit with a large trout
[12:26] {Roman} what's with the slapping my man
[12:26] {magoo} warming up to slap dave : )
[12:26] {Roman} :)
[12:27] {magoo} watch tomorrow when he logs in...he gets three
[12:27] {patience} where is dave today?
[12:28] {Threei} magoo slapped him into oblivion
[12:29] {magoo} vad...look frpt..red
[12:30] {Threei} yeah
[12:31] {Chaeron} :P
[12:31] {craigaudio} that massive tail on the 5min 50cent tail gave everyone the signal
[12:31] {craigaudio} to go short
[12:37] {dino} comv s hl .95
[12:40] {dino} cov comv .59, +.36
[12:41] {dino} thats it for me, thx all, very good day
[12:41] {lklarson} take care dino
[12:41] {craigaudio} good work dino
[12:41] {craigaudio} well played
[12:42] {dino} bit of luck, but i count on it
[12:42] {dino} take care all
[12:42] {craigaudio} dont we all
[12:50] {craigaudio} bye guys
[12:50] {craigaudio} see you all tomorrow
[12:50] {craigaudio} thanks for the help vad
[12:50] {Threei} welcome
[12:50] {Threei} thank you all
[12:50] {lklarson} thx vad
[12:50] {Threei} have a good evening, see you tomorrow
[12:50] {lklarson} have a good night all
[12:55] {dptl} gn all
[12:59] {magoo} thanx everyone
Monday, May 21, 2007
Realitytrader TradeLog - May 21, 2007
Session Start: Mon May 21 00:00:00 2007
Session Time: Mon May 21 00:00:00 2007
[05:24] {DaveG} morning
[05:27] {craigaudio} morning dave, everyone
[05:48] {DaveG} oh gawd, they want to interview all 20 finalists
[05:48] {patience} so cool dave :)
[05:48] {DaveG} i'll pass
[05:49] {patience} :( you mean i won't see you on tv?
[05:49] {DaveG} ummmm
[05:49] {magoo} morn TR
[05:49] {patience} morning magoo :)
[05:50] {DaveG} hey mags
[05:50] {magoo} hi dave, wow, interview? too cool
[05:50] {DaveG} im hiding
[05:52] {craigaudio} disguise yourself then and wear a fake nose and funny glasses
[05:53] {DaveG} i already do
[05:53] {DaveG} ;-)
[05:53] {craigaudio} lol. go as yourself then. nobody will recognise you
[05:54] {cosmo} Dave...see if you can team up with Cramer, maybe?
[05:55] {DaveG} uhhh sure
[05:56] {cosmo} he could be the next Imus
[05:56] * Threei turns CNBC on, stops paying attention to the market and refuses to take his eyes off the TV until he sees dave
[05:57] {DaveG} i already sent them a picture of me
[05:57] {DaveG} that will have to do
[05:57] {cosmo} your e-bay picture?
[05:57] {DaveG} if i win, well, thats another matter, but till then, i aint doin nuttin
[05:58] {craigaudio} yes. you should charge for TV appearances Dave.
[05:58] * Threei turns VCR on, prepares to tape dave's appearance dubbed with narration "hey, I used to slap this guy with a trout!"
[05:58] {cosmo} i'll pay a peso
[05:58] {DaveG} lol
[05:59] {Threei} DNDN
[06:00] {magoo} OY
[06:00] {cosmo} dndn pre mkt high = 6.69
[06:03] {craigaudio} BP gap up on upgrade but making low highs premarket
[06:04] {craigaudio} 68.70 is premarket support
[06:05] {cosmo} XFML
[06:05] {craigaudio} AMGN from the other day bounced at 52. now gapping up today
[06:06] {dptl} good morning all
[06:06] {Threei} dp :)
[06:06] {cosmo} Xinua CEO says firm complied with regs
[06:06] {cosmo} at MarketWatch (Mon 9:01am)
[06:06] {cosmo} fwiw
[06:07] {dptl} happy Victoria day ,Vad
[06:07] {Threei} ty
[06:07] {esemde} morning gentlemen..
[06:07] {Threei} esemde :)
[06:09] {esemde} whats Dave being interviewed for?
[06:09] {craigaudio} hey does this mean that dave is now a celebrity moderator in the room?
[06:10] {gabby} good morning RT's
[06:10] {craigaudio} you could add it to the site Vad as marketing. Example of a success story plus a link to the TV interview
[06:10] {Threei} gaby :)
[06:11] {DaveG} i'm the celeb trout receiver
[06:11] {Threei} questionable idea craig, as Dave is likely to say "I achieved that DESPITE..." :)
[06:12] {DaveG} i would never do that
[06:12] {cosmo} hmmm
[06:12] {craigaudio} plus the fake nose, beard and glasses might put people off
[06:13] {Threei} oh, that's the reason... I really should stop using those...
[06:13] {dino} gm all
[06:13] {Threei} dino :)
[06:14] {craigaudio} aapl small gap up. could be continuation?
[06:14] {craigaudio} after running peoples stops the other day
[06:15] {Threei} could... buit until you see a setup with clear trigger and affordable risk, it remains a guess
[06:15] {craigaudio} yes
[06:16] {magoo} look at potp...12
[06:16] {dino} is today monday?
[06:16] {Threei} good question
[06:16] {esemde} VCLK quoting at 31,4 on 420k shs up $1.40 ...news?
[06:17] {Roman} ValueClick tgt upped to $43 at ThinkEquity (30.00 ) : ThinkEquity raises their VCLK tgt to $43 from $37 as they believe multiple suitors now await to acquire ValueClick, the last digital advertising asset with substantial scale and footprint, at a meaningful premium.
[06:17] {craigaudio} VCLK +5.5% (target raised to $43 at ThinkEquity),
[06:17] {Roman} The firm believes the risk/reward is exceedingly attractive at current levels given that their $43 price target reflects 22x EV/2007E EBITDA (versus recent M&A comps at 22x-37x EV/2007E EBITDA); rests in the middle of our take-out range of $32-$52, which includes EBITDA sensitivity to potential outcomes from the FTC inquiry into VCLK's lead generation business; and that their worst-case scenario is $32.
[06:17] {cosmo} VCLK pre mkt high = 31.95 fwiw
[06:18] {esemde} hmmmmmmm..........
[06:18] {cosmo} its teasing
[06:18] {_ted123} hi
[06:18] {magoo} NCTY news?
[06:19] {magoo} up 5 bux
[06:19] {craigaudio} NCTY +11.5% (announces equity investment and licensing agreement by Electronic Arts)
[06:19] {craigaudio} NCTY and WSTL are confirmed to report after the close...
[06:20] {craigaudio} NCTY exclusive publishing rights for EA SPORTS F.I.F.A Online in mainland China. Upon completion of the equity investment, ERTS will own approx 15% of the common shares of NCTY. The investment is roughly $167 mln.
[06:21] {Threei} hi ted
[06:21] {craigaudio} AT pop
[06:22] {craigaudio} buyout @71.50
[06:22] {craigaudio} lots of big orders started coming in at 70.20 onwards
[06:23] {magoo} thanx
[06:26] {craigaudio} HOLX and CYTC merger
[06:27] {craigaudio} checkout HOLX premarket
[06:27] {cosmo} dndn
[06:29] {Threei} keep an eye on PETM, small shares long at 34.20 is break on daily
[06:32] {dino} luna
[06:32] {Threei} Long Setup: ACGY .56 small shares, if stays above .40
[06:32] {Roman} OMTR breakout
[06:34] {Threei} TSYS interesting off 5
[06:34] {magoo} small = half lot vad?
[06:34] {esemde} in vclk .78 500shs stop ..52
[06:34] {Threei} a bit less than that magoo
[06:34] {magoo} ok, 498?
[06:34] {Threei} if half lot is 500, I'd take 300 on those
[06:34] {Threei} lol
[06:34] {dino} lol
[06:34] {cosmo} vclk
[06:35] {cosmo} late
[06:35] {magoo} u may be pregnant lol?
[06:35] {Threei} Long Setup: TSYS 5 melting is trigger, if stays above 4.90
[06:35] {esemde} out vclk .15
[06:36] {esemde} just a little over 1:1
[06:36] {Threei} nice one esemde
[06:36] {Threei} quick and clean, easy money
[06:36] {esemde} tks...
[06:38] {Threei} ACGY stop .44
[06:39] {dino} chip spikey
[06:39] {magoo} DNDN sell
[06:40] {Threei} TSYS some sizeable buys
[06:40] {Threei} no meltup on L2 yet
[06:41] {craigaudio} AT pivot
[06:42] {Threei} TSYS triggered
[06:42] {magoo} in 5
[06:42] {magoo} tsys
[06:42] {Threei} come on 5, give up
[06:43] {magoo} too early to bring out the boots vad
[06:43] * Threei pokes ASRCA seller with sharp stick
[06:45] {magoo} VCLK nutsaroolla
[06:46] {esemde} nice move for VCLK
[06:46] {dino} \vclk taunting me
[06:46] {craigaudio} wow
[06:47] {esemde} looks like volume ending VCLK move
[06:50] {esemde} i'm still monitoring NTRI ....... it's number one on the short squeeze list
[06:50] {esemde} try this article: 8. Top 10 Potential Short Squeezes by James Altucher, published May 16 at 1:37 p.m. EDT
[06:51] {esemde} you find it on The Street.com
[06:52] {craigaudio} AMGN gap fill
[06:52] {Threei} SINA lost its mind
[06:52] {Threei} SOHU tries to follow
[06:53] {esemde} yo....sky rocket for SINA
[06:53] {gabby} out ACGY 1:1 tks 3i
[06:54] {Threei} :)
[06:55] {magoo} gab, if u took 300 sh...u onluyy made 30 bux and still must subtract commish?
[06:55] {esemde} 5 yr high for SINA is 49.50 ...looks like it wants at it
[06:55] {gabby} $6 comm its a profit
[06:56] {magoo} just wanted to know if i was looking at that exit properly
[06:56] {Roman} i am in ASIA
[06:56] {magoo} better than a stop
[06:56] {magoo} vacationing roman??
[06:56] {Threei} lol
[06:56] {Roman} nice :)
[06:57] {craigaudio} amgn bounce off gap fill?
[06:58] {dino} risky, s luna .69
[06:59] {dino} ttm l .01
[06:59] {craigaudio} FRPT attacking daily break
[07:00] {Threei} AAPL, pullback to 110.7 is a buy
[07:00] {Threei} small shares
[07:00] {craigaudio} 110.70?
[07:00] {Roman} CTCH
[07:00] {esemde} how many is small shares Vad?
[07:01] {craigaudio} i missed fill at 110 earlier on aapl which was a bummer
[07:01] {Threei} depends on one's risk tolerance... if your full lot is 1000, small shares would be about 300
[07:01] {magoo} 498
[07:02] {esemde} tks....just catching up on the terminology
[07:03] {craigaudio} whats the aapl stop?
[07:03] {Threei} where did you enter?
[07:03] {dino} l rvbd .54
[07:03] {craigaudio} waiting at .70 for pb
[07:04] {Roman} ISON Isonics announces it expects to report rev for its semiconductor products and services segment of approx $3.7 mln for the qt, up 94% YoY (1.42 +0.15)
[07:04] {esemde} when do they report roman
[07:05] {Threei} cancel that order craig
[07:05] {Roman} Co announces it expects to report unaudited rev for its semiconductor products and services segment of approx $3.7 mln for the qtr ended April 30, 2007, a 94% increase as compared to $1,906,000 for the same quarter in the year-earlier period. As a result of the increased revenue and improved operating efficiencies, the co expects to report its fourth consecutive quarter of positive EBITDA for its semiconductor segment.
[07:05] {craigaudio} ran too far from the original b/o?
[07:06] {Threei} yes, situation is changing, you don't stay with original plan
[07:06] {Threei} leave yourself with option to re-evaluate if it pulls back
[07:06] {dino} luna spiked, stopped -.30
[07:07] {craigaudio} thnks
[07:07] {Threei} ACGY stop to .49
[07:07] {craigaudio} sepr reversal
[07:07] {magoo} not familiar w/ACGY vad...potential??
[07:07] {Threei} come on TSYS, just how stubborn can you be
[07:07] {craigaudio} GROW
[07:08] {Threei} with such little risk I'd like to try and ride it closer to 23 magoo
[07:08] {magoo} ok...me too
[07:10] {magoo} and u threeI he he
[07:11] {Threei} EPIQ
[07:11] {Threei} half lot long on .50 break
[07:11] {craigaudio} PETM
[07:11] {Threei} stip undert .40
[07:11] {Threei} stop
[07:11] {craigaudio} BP bounce?
[07:11] {dino} l mnst .00
[07:12] {Threei} any setup there you see craig?
[07:12] {Threei} petm
[07:12] {craigaudio} on PETM? you mentioned break of daily
[07:12] {Threei} no
[07:12] {Threei} BP
[07:13] {craigaudio} yes
[07:13] {Threei} PETM is .20 long if holding above 34, half lot
[07:13] {dino} out mnst .47,
[07:13] {dino} +.47
[07:13] {Threei} wtg
[07:14] {dino} ty
[07:14] {Roman} JADE long watch
[07:14] {Roman} small shares
[07:14] {Roman} ISON new high
[07:17] {Threei} ABTL?
[07:17] {Roman} ICOC long
[07:17] {Roman} 7.94
[07:19] {Roman} 1/2 size
[07:19] {Threei} no go EPIQ
[07:20] {Threei} TSYS stop to .94
[07:20] {craigaudio} :-(
[07:20] {Threei} thing got frozen
[07:21] {Roman} ELN took 19, premarket high of 19.64
[07:22] {craigaudio} DRYS
[07:22] {magoo} BRCM vad, u following it?
[07:23] {magoo} NVDA bouncing
[07:23] {Roman} NEXM 1.90 break can produce a small scalp
[07:23] {dino} de s .24, hl, endp s .45
[07:23] {Threei} not really magoo, it follows NQ tick by tick today and NQ is not really forming anything readable so far
[07:23] {magoo} gotcha
[07:27] {dino} rvbd stop to .49
[07:27] {dino} endp bstop is hod
[07:28] {Threei} SMSI trying for little C&H
[07:28] {Threei} 15.50 break long if holding above .35
[07:31] {dino} endp stopped -.20
[07:33] {Threei} stop/invlaidating level for SMSI is .39
[07:38] {dino} de stopped -.22
[07:42] {dino} rvbd stopped
[07:43] {Threei} SMSI stop to .44
[07:44] {dino} mer l .52
[07:45] {Threei} AMZN
[07:46] {Threei} 65.50 break long
[07:46] {Threei} stop under .25
[07:49] {Threei} .41 would be aggressive entry
[07:51] {dino} dave cnbc pics
[07:51] {DaveG} nope
[07:51] {dino} hmm, must have been leader only
[07:52] {dino} make sure you tell them dino taught you everything you know, :)\
[07:52] {DaveG} will do
[07:52] {craigaudio} YM and NQ broke out above opening ranges
[07:53] {Threei} AMZN 1:1 from aggressive entry
[07:54] {craigaudio} took half agressive, half at .50 break.
[07:54] {craigaudio} out half now
[07:54] {Threei} not a bad way to manage it
[07:54] {magoo} i waiting .91
[07:56] {Threei} 1:1 from regular entry
[07:57] {magoo} out .74, changed mind, in @ .41
[07:57] {magoo} nice ALERT VAD
[07:58] * Threei wakes up... did I alert something??
[07:58] {magoo} AMZN
[07:58] {dino} magoo is the sledgehammer
[07:59] {Threei} SMSI 1:1
[07:59] {Threei} stop to .49
[08:00] {Roman} AGEN major pop
[08:01] {Roman} OMTR
[08:01] {magoo} major pop = major drop
[08:02] {Threei} news?
[08:02] {Roman} AGEN Antigenics: Oncophage Cancer Vaccine "Significantly" Prolongs Recurrence-Free Survival by 45 Percent in Patients With Intermediate-Risk Kidney Cancer (2.93 +0.39)
[08:03] {dino} agen
[08:05] {craigaudio} finally TSYS might want to play
[08:06] {dino} l .21
[08:06] {Threei} I pretend I don't notice craig, this thing reminds me watched pot
[08:08] {Threei} 1:1
[08:08] {dino} why are you watching pot
[08:08] {magoo} out SMSI .70, ty vad
[08:08] {Threei} :)
[08:10] {Threei} AMZN 1: I can't count that far
[08:12] {esemde} everbody have a great....off to the links...Victoria Day and all
[08:12] {Threei} take care esemde :)
[08:12] {craigaudio} bye
[08:12] {dino} lucky dog ese
[08:13] {esemde} were gonna have to get out sometime dino
[08:14] {DaveG} what's Victoria Day?
[08:14] {Threei} that's our canadian thing
[08:14] {DaveG} like....go team go?
[08:14] {DaveG} poms poms and all
[08:14] {Threei} ever heard of Queen Victoria?
[08:15] {DaveG} yeah
[08:15] {Threei} there you go
[08:15] {DaveG} k
[08:15] {magoo} howe much for gallon gas in canada where u at vad?
[08:16] {Threei} we count in litres
[08:16] {Threei} more expensive than in USA afaik
[08:16] {magoo} sugh
[08:16] {DaveG} hey, do you drive on the wrong side of the road up there?
[08:16] {Threei} 1.26 cdn/l where I am
[08:16] {magoo} 3.10 gallon here
[08:17] {Threei} police says I often do dave
[08:17] {DaveG} lol
[08:17] {DaveG} i paid 3.49 for reg yesterday
[08:17] {Threei} although as far as I am concerned, it's not me
[08:17] {DaveG} :)
[08:22] {dino} out agen, +.03
[08:23] {magoo} out ACGY no blood
[08:23] {magoo} can't take it
[08:24] {Threei} yeah
[08:24] {magoo} see, i don't have hard stops so i gotta stare at that allday
[08:24] {magoo} killing me
[08:24] {Threei} OK, I calculated... about 4.50/gallon would be equivalent
[08:25] {DaveG} wow
[08:25] {Threei} I don't know magoo... IMO, hard stops would be killing you much bigger and more frequently
[08:26] {DaveG} hard stops suck
[08:26] {DaveG} imo
[08:26] {Roman} long NASI small
[08:26] {Roman} slow
[08:27] {dino} i disagree
[08:27] {magoo} i just saying i can not take watching it drip, was in what?...2 hours or so...done with it...my personality problem oi guess
[08:27] {DaveG} if your watching, i should add, if your not at your computer, obviously, stops are essential
[08:27] {craigaudio} hard stops are better than a pee pot at my desk
[08:27] {craigaudio} IMHO
[08:28] {DaveG} yes, of course, i ment, if your watching
[08:29] {dino} lol
[08:29] {dino} you're killing craig
[08:29] {dino} ffhl
[08:30] {craigaudio} trading is bead enough, but it was the stains on the floor that was the final straw for the missus.
[08:30] {DaveG} lol
[08:32] {dino} yeah, they don't appreciate that
[08:33] {magoo} and diaper bill gets way out of control
[08:33] {craigaudio} lol
[08:33] {magoo} they're not cheap..tyhe adult size
[08:33] {dino} jrcc a bit crazy
[08:34] {magoo} plus, i needed dino to help with clean up lol
[08:34] {DaveG} lol
[08:34] {dino} yuck
[08:34] {craigaudio} yuck
[08:35] {magoo} try to picture that and u will puke lol
[08:35] {cosmo} hmm...elder care it seems
[08:35] {cosmo} dndn
[08:36] {dino} he may be my elder, but doesn't mean i care
[08:36] {Threei} lol
[08:36] * magoo slaps Threei around a bit with a large trout
[08:36] {Threei} oops
[08:36] {Threei} what did I do
[08:37] {magoo} just warming up on u
[08:37] {Threei} oh
[08:37] * magoo slaps DaveG around a bit with a large trout
[08:37] {Threei} sheesh DNDN
[08:38] {Threei} news?
[08:38] {Roman} CNBC
[08:38] {Roman} pop
[08:38] {dino} gsol s .15\
[08:39] {Roman} DNDN popping on CNBC story
[08:40] {Threei} so tempted to short it
[08:41] {magoo} me too
[08:41] {craigaudio} ACGY fighting back
[08:42] {magoo} ggggggggggggrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
[08:43] {craigaudio} can we get a pee pot for magoo please
[08:48] {magoo} AMZN...SIGH vad
[08:49] {magoo} i banked $200...could have $2000m
[08:49] {craigaudio} we gave away over a dollar on amzn. scalpers regret?
[08:50] {craigaudio} we are a bunch of knuckle heads on amzn. look at the daily. was a perfect breakout!!!
[08:50] {magoo} what do u think?
[08:51] {craigaudio} i even though it was going to happen on friday and got burned on a false breakout. drat need to use the old memory banks more
[08:53] {Threei} are you trading real time or in hindsight?
[08:54] {craigaudio} lol. im cursing myself really. i really liked the daily on friday for breakout and got burned. i just didnt check the daily again today when you called it.
[08:55] {magoo} my excuse vad...i'm just greedy he he
[08:55] {Threei} come on guys, what kind of approach is that
[08:55] {Threei} you can trade what you can read
[08:55] {craigaudio} PETM
[08:56] {Threei} stop .09 PETM
[08:58] {dino} vad, send them to the corner
[08:58] {dino} give their names the color pink
[08:59] {Threei} lol
[08:59] {craigaudio} ill have the dunces hat please
[08:59] * magoo slaps craigaudio around a bit with a large trout
[08:59] {craigaudio} ouch!
[08:59] * magoo slaps craigaudio around a bit with a large trout
[09:00] {craigaudio} eee!
[09:00] * magoo slaps craigaudio around a bit with a large trout
[09:00] {craigaudio} ouff!
[09:00] {magoo} thats for getting me in trouble with vad he he
[09:00] * magoo slaps dino around a bit with a large trout
[09:01] {magoo} and thats for UUUUUUUUUUUUUUU
[09:02] {dino} hmmm
[09:03] {Threei} AMAT .16 long. .09 stop
[09:05] {dino} cat l .00
[09:08] {dino} nyux rockin'
[09:08] {dino} nyx
[09:08] {craigaudio} ugly tails on charts.
[09:09] {Roman} long ATHR
[09:09] {Roman} 29.10 area, 1/2 size, stop 28.75
[09:09] {dino} the only tails i look at are walking down the street
[09:09] {Roman} potential over $30
[09:10] {craigaudio} you smooth dog dino
[09:11] {Threei} stop to .13 AMAT
[09:11] {craigaudio} looks good for 1:1
[09:16] {Threei} ACGY worked after all
[09:17] * magoo slaps dino around a bit with a large trout
[09:17] * magoo slaps dino around a bit with a large trout
[09:19] {magoo} boy...i'm really dishing them out today...and i'm having a good day too
[09:21] {craigaudio} out acgy
[09:22] {craigaudio} time to move stop on PETM vad?
[09:22] {Threei} .14
[09:22] {Threei} 1:1 AMAT
[09:23] {craigaudio} out half amat
[09:24] {Threei} stop to .14 as well
[09:26] {craigaudio} petm acting like a dog
[09:30] {lklarson} out acgy 1:1 thx vad
[09:31] {Threei} welcome
[09:33] {magoo} roman, were u stopped out of ATHR?
[09:33] {Roman} nope
[09:34] {magoo} looking better here
[09:34] {Roman} RVBD high
[09:37] {craigaudio} the YM daily looks so overextended
[09:38] {Threei} GLBL 23.99 short if stays under 24.05
[09:38] {Threei} just a scalp most likely
[09:38] {dino} l tm .65
[09:43] {craigaudio} stopped petm.
[09:45] {magoo} loss .80 amznshort scalp
[09:54] {Threei} CPHD .51 long
[09:54] {Threei} .39 stop, for hardcore scalpers .44
[10:00] {dino} out cat .10, +.10
[10:00] {Threei} AGEN... maybe not done
[10:04] {magoo} loss 68 amzn sh scalp
[10:07] {Threei} come on CPHD
[10:07] {magoo} jumper vad?
[10:07] {Threei} sometimes
[10:07] {Threei} not all the time
[10:07] {magoo} 68.12 stop AMZN
[10:12] {magoo} die AMZN DDDDDIIIIIIIIIIIIIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
[10:14] {dino} gsol stopped -.13
[10:14] {Chaeron} magoo... step away from the 64oz Redbull Big Gulp....
[10:14] {magoo} roflol
[10:14] {Chaeron} :)
[10:18] {magoo} out
[10:18] * DaveG sacrafices 3 chickens
[10:18] {craigaudio} BIDU was a nice chart today. gapped up over breakout and ran
[10:18] {Threei} not enough Dave... gotta give your firstborn and finest cheeses
[10:19] {DaveG} :)
[10:21] {magoo} amzn now..rinsed magoo
[10:23] {cosmo} cheeses?
[10:23] {cosmo} dairy?
[10:27] * DaveG sacrifices two more
[10:28] {Threei} VCLK won't stop ever?
[10:29] {dino} 36.430 it will
[10:39] {dino} amzn hl s .58
[10:40] {Threei} quick selling under .50, I'd start looking for bounce scalp VCLK
[10:49] {Threei} the closer to 34 the better
[10:49] {Threei} small shares, volatility is tough to handle on this one
[10:50] {dptl} acxm?
[10:50] {dino} thrx hl s .55
[10:51] {Threei} 28 break is nice on daily but intraday is extended... don't know
[10:52] {Threei} if no more lows, .65 is long VCLK with stop under .40
[10:53] {Threei} DRCO?
[10:54] {dino} drco
[10:54] {dino} 5 billion
[10:55] {dino} part of
[10:56] {Threei} sheesh
[11:01] {dino} amzn stopped, sheesh
[11:04] {Threei} VCLK held by fingertips
[11:05] {craigaudio} yes. whippy ride
[11:06] {Roman} PACT PacificNet guides Q1 revs of about $9 mln (3.91 -0.03)
[11:06] {craigaudio} NVDA popped today
[11:12] {Threei} no worky VCLK
[11:13] {craigaudio} nope
[11:13] {craigaudio} what the market giveth it take away
[11:23] {Roman} JRJC china play, very thin
[11:24] {dino} asvi
[11:31] {magoo} guys, i calling it a day, made goal (barely lol) and tired
[11:31] {Threei} take care magoo, good job
[11:32] {Threei} barely or not
[11:32] {magoo} i'll be in tomorrow, thanx for help
[11:47] {Threei} AGEN generates serious volume
[11:47] {dptl} cphd...ones again
[11:48] {Threei} watching if it's capable taking highs
[11:53] {Roman} AMSC on CNBC
[11:55] {Threei} if bounces closer to 18 and can't break it, short candidate
[11:55] {dptl} novn
[11:56] {Threei} short .90 half lot, 18.01 stop
[11:56] {craigaudio} CPHD still candidate long Vad?
[11:56] {Threei} .51
[11:56] {Threei} yes
[11:58] {dino} omtr s .70
[11:59] {craigaudio} stop for CPHD? .43?
[11:59] {Threei} or .39
[11:59] {Threei} both are valid
[12:01] {Threei} AGEN
[12:05] {Threei} AMSC 1:1
[12:05] {Threei} 1:2, me out
[12:06] {craigaudio} YM selling off
[12:06] {Threei} anyone went for AMSC?
[12:07] {craigaudio} me
[12:07] {Threei} still in?
[12:07] {craigaudio} but i also did an implus trade on AGEN and suffering now
[12:07] {craigaudio} im still half in amsc
[12:07] {Threei} what price are you in AGEN?
[12:07] {craigaudio} .65
[12:08] {craigaudio} almost the top
[12:08] {craigaudio} have stop at .40
[12:08] {Threei} keep stop under .50
[12:08] {Roman} DSTI DayStar Technologies enters into commitment letter with existing investor for bridge financing (4.43 -0.16)
[12:09] {Threei} between what and what?
[12:09] {Roman} Co announces that it has entered into a commitment letter with an existing investor to provide up to $4.0 mln of bridge financing to the co.
[12:09] {dino} omtr bstop to .30
[12:10] {dino} to .21
[12:10] {craigaudio} agen stopped
[12:10] {Threei} ok, now that you are out, let's look at it
[12:11] {Threei} couple times it tried .50, formed resisatance there
[12:11] {Threei} break of .50 would be a valid trade either for a scalp or for half out near day high
[12:11] {Threei} which was .62 at the time.
[12:11] {dino} cov .20, +.50
[12:12] {Threei} That high however was hit and broken on a spike
[12:12] {Threei} and our approach is not to buy spikes
[12:12] {dptl} dade
[12:12] {Threei} breakout is a good setup when the break level is reached by slow climb, not by sharp spike
[12:12] {craigaudio} covering some more AMSC here
[12:12] {craigaudio} yes vad
[12:13] {Threei} when you sold short AMSC you were smart money
[12:14] {craigaudio} when i brought the high is was stupid and chasing
[12:14] {Threei} shorting into price/volume spike, CNBC coverage failed to prop it over the high
[12:14] {craigaudio} out full lot amsc. thnks vad
[12:14] {Threei} very tight stop, minimal risk
[12:14] {Threei} welcome
[12:14] {Threei} ideal situation for taking position, everythinbg was on your side
[12:15] {Threei} with AGEN you played on the crowd team
[12:15] {Threei} smart mopney doesn't buy spikes, it sells into them
[12:15] {craigaudio} yes. i know this but implementing it is more difficult
[12:15] {Threei} and, first who tells me what mopney is doesn't get trouted
[12:16] {Threei} no, it's not
[12:16] {Threei} it's as easy or as difficult as you make it
[12:16] {Threei} it's all you
[12:16] {Threei} your finger pushes that button, your brain gives the order
[12:17] *** Disconnected
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[12:17] *** Rejoined channel #discussions
[12:17] -admin- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
[12:18] {craigaudio} yes
[12:19] {Threei} simply don't do it, and you will find it very easy
[12:19] {craigaudio} trying my best
[12:20] {Threei} don't overcomplicate it for yourself
[12:20] {Threei} look at ZOPLL
[12:20] {Threei} ZOLL
[12:20] {Threei} see the spike?
[12:21] {craigaudio} y
[12:21] {Threei} now look at me
[12:21] {Threei} not buying it
[12:21] {Threei} see, very easy
[12:22] {Threei} if this seems funny and lighthearted to you, it is
[12:22] {Threei} work out the same attitude
[12:22] {Threei} and it will become easy
[12:22] {craigaudio} heres hoping
[12:23] {Threei} now try not to buy STRL
[12:23] {craigaudio} not buying
[12:23] {Threei} look at it, register the spike and don't buy it
[12:23] {Threei} easy? :)
[12:24] {craigaudio} easyier after ive just lost some money
[12:24] {Threei} you won't next time
[12:25] {Threei} you bought certain knowledge with that money
[12:25] {Threei} now, if you repeat it, it will be equal to paying twice for the same goods
[12:25] {Threei} you don't return to the store to pay second time for the TV you already bought
[12:26] {craigaudio} lol yes your right
[12:26] {Threei} see the spike next time, remember that you already paid for thgis piece of knowledge
[12:26] {Threei} and don't pay for it again
[12:27] {dino} risky, s vclk .19
[12:27] {Threei} after you have bought all the mistakes there is, you have no other choice but make money
[12:30] {craigaudio} thnks vad. gonna take back those 3 TVs i bought for the price of two on special offer
[12:30] {craigaudio} :-)
[12:30] {dino} cov vclk .84, +.25
[12:30] {Threei} there is truth in all these jokes...
[12:31] {craigaudio} nice short dino
[12:31] {Threei} the truth is, one of the hardest things in learning process is to realize that the hadrest thing is to stop making the same mistakes over and over
[12:33] {dino} ty lucky
[12:34] {craigaudio} yes. well i think ive given myself enough punishment today
[12:34] {craigaudio} im gonna head off
[12:36] {dino} take care craig, you'll get it
[12:36] {dino} if it were easy, everybody would do it
[12:36] {craigaudio} bye guys. thanks for encouragement
[12:36] {dino} thrx bstop to .51
[12:37] {dino} make it .31
[12:39] {Roman} IDMI pop
[12:39] {dino} cov thrx .31, +.24
[12:43] {dino} mnst l .50
[12:45] {Threei} getting disconnected...
[12:46] {DaveG} i hate that feeling
[12:47] {Threei} lol
[12:47] {DaveG} :)
[12:47] {Threei} thank you all
[12:47] {DaveG} nono thank you
[12:47] {Threei} have a good evening,see you tomorrow
[12:47] {lklarson} take care vad
[12:47] {DaveG} take care
[12:55] {dino} cutting tm -.30
[12:59] {dptl} have a good evening all
[13:00] {dino} out mnst .75, +.25. thats it, thx all, tough morning ok afternoon
Session Time: Mon May 21 00:00:00 2007
[05:24] {DaveG} morning
[05:27] {craigaudio} morning dave, everyone
[05:48] {DaveG} oh gawd, they want to interview all 20 finalists
[05:48] {patience} so cool dave :)
[05:48] {DaveG} i'll pass
[05:49] {patience} :( you mean i won't see you on tv?
[05:49] {DaveG} ummmm
[05:49] {magoo} morn TR
[05:49] {patience} morning magoo :)
[05:50] {DaveG} hey mags
[05:50] {magoo} hi dave, wow, interview? too cool
[05:50] {DaveG} im hiding
[05:52] {craigaudio} disguise yourself then and wear a fake nose and funny glasses
[05:53] {DaveG} i already do
[05:53] {DaveG} ;-)
[05:53] {craigaudio} lol. go as yourself then. nobody will recognise you
[05:54] {cosmo} Dave...see if you can team up with Cramer, maybe?
[05:55] {DaveG} uhhh sure
[05:56] {cosmo} he could be the next Imus
[05:56] * Threei turns CNBC on, stops paying attention to the market and refuses to take his eyes off the TV until he sees dave
[05:57] {DaveG} i already sent them a picture of me
[05:57] {DaveG} that will have to do
[05:57] {cosmo} your e-bay picture?
[05:57] {DaveG} if i win, well, thats another matter, but till then, i aint doin nuttin
[05:58] {craigaudio} yes. you should charge for TV appearances Dave.
[05:58] * Threei turns VCR on, prepares to tape dave's appearance dubbed with narration "hey, I used to slap this guy with a trout!"
[05:58] {cosmo} i'll pay a peso
[05:58] {DaveG} lol
[05:59] {Threei} DNDN
[06:00] {magoo} OY
[06:00] {cosmo} dndn pre mkt high = 6.69
[06:03] {craigaudio} BP gap up on upgrade but making low highs premarket
[06:04] {craigaudio} 68.70 is premarket support
[06:05] {cosmo} XFML
[06:05] {craigaudio} AMGN from the other day bounced at 52. now gapping up today
[06:06] {dptl} good morning all
[06:06] {Threei} dp :)
[06:06] {cosmo} Xinua CEO says firm complied with regs
[06:06] {cosmo} at MarketWatch (Mon 9:01am)
[06:06] {cosmo} fwiw
[06:07] {dptl} happy Victoria day ,Vad
[06:07] {Threei} ty
[06:07] {esemde} morning gentlemen..
[06:07] {Threei} esemde :)
[06:09] {esemde} whats Dave being interviewed for?
[06:09] {craigaudio} hey does this mean that dave is now a celebrity moderator in the room?
[06:10] {gabby} good morning RT's
[06:10] {craigaudio} you could add it to the site Vad as marketing. Example of a success story plus a link to the TV interview
[06:10] {Threei} gaby :)
[06:11] {DaveG} i'm the celeb trout receiver
[06:11] {Threei} questionable idea craig, as Dave is likely to say "I achieved that DESPITE..." :)
[06:12] {DaveG} i would never do that
[06:12] {cosmo} hmmm
[06:12] {craigaudio} plus the fake nose, beard and glasses might put people off
[06:13] {Threei} oh, that's the reason... I really should stop using those...
[06:13] {dino} gm all
[06:13] {Threei} dino :)
[06:14] {craigaudio} aapl small gap up. could be continuation?
[06:14] {craigaudio} after running peoples stops the other day
[06:15] {Threei} could... buit until you see a setup with clear trigger and affordable risk, it remains a guess
[06:15] {craigaudio} yes
[06:16] {magoo} look at potp...12
[06:16] {dino} is today monday?
[06:16] {Threei} good question
[06:16] {esemde} VCLK quoting at 31,4 on 420k shs up $1.40 ...news?
[06:17] {Roman} ValueClick tgt upped to $43 at ThinkEquity (30.00 ) : ThinkEquity raises their VCLK tgt to $43 from $37 as they believe multiple suitors now await to acquire ValueClick, the last digital advertising asset with substantial scale and footprint, at a meaningful premium.
[06:17] {craigaudio} VCLK +5.5% (target raised to $43 at ThinkEquity),
[06:17] {Roman} The firm believes the risk/reward is exceedingly attractive at current levels given that their $43 price target reflects 22x EV/2007E EBITDA (versus recent M&A comps at 22x-37x EV/2007E EBITDA); rests in the middle of our take-out range of $32-$52, which includes EBITDA sensitivity to potential outcomes from the FTC inquiry into VCLK's lead generation business; and that their worst-case scenario is $32.
[06:17] {cosmo} VCLK pre mkt high = 31.95 fwiw
[06:18] {esemde} hmmmmmmm..........
[06:18] {cosmo} its teasing
[06:18] {_ted123} hi
[06:18] {magoo} NCTY news?
[06:19] {magoo} up 5 bux
[06:19] {craigaudio} NCTY +11.5% (announces equity investment and licensing agreement by Electronic Arts)
[06:19] {craigaudio} NCTY and WSTL are confirmed to report after the close...
[06:20] {craigaudio} NCTY exclusive publishing rights for EA SPORTS F.I.F.A Online in mainland China. Upon completion of the equity investment, ERTS will own approx 15% of the common shares of NCTY. The investment is roughly $167 mln.
[06:21] {Threei} hi ted
[06:21] {craigaudio} AT pop
[06:22] {craigaudio} buyout @71.50
[06:22] {craigaudio} lots of big orders started coming in at 70.20 onwards
[06:23] {magoo} thanx
[06:26] {craigaudio} HOLX and CYTC merger
[06:27] {craigaudio} checkout HOLX premarket
[06:27] {cosmo} dndn
[06:29] {Threei} keep an eye on PETM, small shares long at 34.20 is break on daily
[06:32] {dino} luna
[06:32] {Threei} Long Setup: ACGY .56 small shares, if stays above .40
[06:32] {Roman} OMTR breakout
[06:34] {Threei} TSYS interesting off 5
[06:34] {magoo} small = half lot vad?
[06:34] {esemde} in vclk .78 500shs stop ..52
[06:34] {Threei} a bit less than that magoo
[06:34] {magoo} ok, 498?
[06:34] {Threei} if half lot is 500, I'd take 300 on those
[06:34] {Threei} lol
[06:34] {dino} lol
[06:34] {cosmo} vclk
[06:35] {cosmo} late
[06:35] {magoo} u may be pregnant lol?
[06:35] {Threei} Long Setup: TSYS 5 melting is trigger, if stays above 4.90
[06:35] {esemde} out vclk .15
[06:36] {esemde} just a little over 1:1
[06:36] {Threei} nice one esemde
[06:36] {Threei} quick and clean, easy money
[06:36] {esemde} tks...
[06:38] {Threei} ACGY stop .44
[06:39] {dino} chip spikey
[06:39] {magoo} DNDN sell
[06:40] {Threei} TSYS some sizeable buys
[06:40] {Threei} no meltup on L2 yet
[06:41] {craigaudio} AT pivot
[06:42] {Threei} TSYS triggered
[06:42] {magoo} in 5
[06:42] {magoo} tsys
[06:42] {Threei} come on 5, give up
[06:43] {magoo} too early to bring out the boots vad
[06:43] * Threei pokes ASRCA seller with sharp stick
[06:45] {magoo} VCLK nutsaroolla
[06:46] {esemde} nice move for VCLK
[06:46] {dino} \vclk taunting me
[06:46] {craigaudio} wow
[06:47] {esemde} looks like volume ending VCLK move
[06:50] {esemde} i'm still monitoring NTRI ....... it's number one on the short squeeze list
[06:50] {esemde} try this article: 8. Top 10 Potential Short Squeezes by James Altucher, published May 16 at 1:37 p.m. EDT
[06:51] {esemde} you find it on The Street.com
[06:52] {craigaudio} AMGN gap fill
[06:52] {Threei} SINA lost its mind
[06:52] {Threei} SOHU tries to follow
[06:53] {esemde} yo....sky rocket for SINA
[06:53] {gabby} out ACGY 1:1 tks 3i
[06:54] {Threei} :)
[06:55] {magoo} gab, if u took 300 sh...u onluyy made 30 bux and still must subtract commish?
[06:55] {esemde} 5 yr high for SINA is 49.50 ...looks like it wants at it
[06:55] {gabby} $6 comm its a profit
[06:56] {magoo} just wanted to know if i was looking at that exit properly
[06:56] {Roman} i am in ASIA
[06:56] {magoo} better than a stop
[06:56] {magoo} vacationing roman??
[06:56] {Threei} lol
[06:56] {Roman} nice :)
[06:57] {craigaudio} amgn bounce off gap fill?
[06:58] {dino} risky, s luna .69
[06:59] {dino} ttm l .01
[06:59] {craigaudio} FRPT attacking daily break
[07:00] {Threei} AAPL, pullback to 110.7 is a buy
[07:00] {Threei} small shares
[07:00] {craigaudio} 110.70?
[07:00] {Roman} CTCH
[07:00] {esemde} how many is small shares Vad?
[07:01] {craigaudio} i missed fill at 110 earlier on aapl which was a bummer
[07:01] {Threei} depends on one's risk tolerance... if your full lot is 1000, small shares would be about 300
[07:01] {magoo} 498
[07:02] {esemde} tks....just catching up on the terminology
[07:03] {craigaudio} whats the aapl stop?
[07:03] {Threei} where did you enter?
[07:03] {dino} l rvbd .54
[07:03] {craigaudio} waiting at .70 for pb
[07:04] {Roman} ISON Isonics announces it expects to report rev for its semiconductor products and services segment of approx $3.7 mln for the qt, up 94% YoY (1.42 +0.15)
[07:04] {esemde} when do they report roman
[07:05] {Threei} cancel that order craig
[07:05] {Roman} Co announces it expects to report unaudited rev for its semiconductor products and services segment of approx $3.7 mln for the qtr ended April 30, 2007, a 94% increase as compared to $1,906,000 for the same quarter in the year-earlier period. As a result of the increased revenue and improved operating efficiencies, the co expects to report its fourth consecutive quarter of positive EBITDA for its semiconductor segment.
[07:05] {craigaudio} ran too far from the original b/o?
[07:06] {Threei} yes, situation is changing, you don't stay with original plan
[07:06] {Threei} leave yourself with option to re-evaluate if it pulls back
[07:06] {dino} luna spiked, stopped -.30
[07:07] {craigaudio} thnks
[07:07] {Threei} ACGY stop to .49
[07:07] {craigaudio} sepr reversal
[07:07] {magoo} not familiar w/ACGY vad...potential??
[07:07] {Threei} come on TSYS, just how stubborn can you be
[07:07] {craigaudio} GROW
[07:08] {Threei} with such little risk I'd like to try and ride it closer to 23 magoo
[07:08] {magoo} ok...me too
[07:10] {magoo} and u threeI he he
[07:11] {Threei} EPIQ
[07:11] {Threei} half lot long on .50 break
[07:11] {craigaudio} PETM
[07:11] {Threei} stip undert .40
[07:11] {Threei} stop
[07:11] {craigaudio} BP bounce?
[07:11] {dino} l mnst .00
[07:12] {Threei} any setup there you see craig?
[07:12] {Threei} petm
[07:12] {craigaudio} on PETM? you mentioned break of daily
[07:12] {Threei} no
[07:12] {Threei} BP
[07:13] {craigaudio} yes
[07:13] {Threei} PETM is .20 long if holding above 34, half lot
[07:13] {dino} out mnst .47,
[07:13] {dino} +.47
[07:13] {Threei} wtg
[07:14] {dino} ty
[07:14] {Roman} JADE long watch
[07:14] {Roman} small shares
[07:14] {Roman} ISON new high
[07:17] {Threei} ABTL?
[07:17] {Roman} ICOC long
[07:17] {Roman} 7.94
[07:19] {Roman} 1/2 size
[07:19] {Threei} no go EPIQ
[07:20] {Threei} TSYS stop to .94
[07:20] {craigaudio} :-(
[07:20] {Threei} thing got frozen
[07:21] {Roman} ELN took 19, premarket high of 19.64
[07:22] {craigaudio} DRYS
[07:22] {magoo} BRCM vad, u following it?
[07:23] {magoo} NVDA bouncing
[07:23] {Roman} NEXM 1.90 break can produce a small scalp
[07:23] {dino} de s .24, hl, endp s .45
[07:23] {Threei} not really magoo, it follows NQ tick by tick today and NQ is not really forming anything readable so far
[07:23] {magoo} gotcha
[07:27] {dino} rvbd stop to .49
[07:27] {dino} endp bstop is hod
[07:28] {Threei} SMSI trying for little C&H
[07:28] {Threei} 15.50 break long if holding above .35
[07:31] {dino} endp stopped -.20
[07:33] {Threei} stop/invlaidating level for SMSI is .39
[07:38] {dino} de stopped -.22
[07:42] {dino} rvbd stopped
[07:43] {Threei} SMSI stop to .44
[07:44] {dino} mer l .52
[07:45] {Threei} AMZN
[07:46] {Threei} 65.50 break long
[07:46] {Threei} stop under .25
[07:49] {Threei} .41 would be aggressive entry
[07:51] {dino} dave cnbc pics
[07:51] {DaveG} nope
[07:51] {dino} hmm, must have been leader only
[07:52] {dino} make sure you tell them dino taught you everything you know, :)\
[07:52] {DaveG} will do
[07:52] {craigaudio} YM and NQ broke out above opening ranges
[07:53] {Threei} AMZN 1:1 from aggressive entry
[07:54] {craigaudio} took half agressive, half at .50 break.
[07:54] {craigaudio} out half now
[07:54] {Threei} not a bad way to manage it
[07:54] {magoo} i waiting .91
[07:56] {Threei} 1:1 from regular entry
[07:57] {magoo} out .74, changed mind, in @ .41
[07:57] {magoo} nice ALERT VAD
[07:58] * Threei wakes up... did I alert something??
[07:58] {magoo} AMZN
[07:58] {dino} magoo is the sledgehammer
[07:59] {Threei} SMSI 1:1
[07:59] {Threei} stop to .49
[08:00] {Roman} AGEN major pop
[08:01] {Roman} OMTR
[08:01] {magoo} major pop = major drop
[08:02] {Threei} news?
[08:02] {Roman} AGEN Antigenics: Oncophage Cancer Vaccine "Significantly" Prolongs Recurrence-Free Survival by 45 Percent in Patients With Intermediate-Risk Kidney Cancer (2.93 +0.39)
[08:03] {dino} agen
[08:05] {craigaudio} finally TSYS might want to play
[08:06] {dino} l .21
[08:06] {Threei} I pretend I don't notice craig, this thing reminds me watched pot
[08:08] {Threei} 1:1
[08:08] {dino} why are you watching pot
[08:08] {magoo} out SMSI .70, ty vad
[08:08] {Threei} :)
[08:10] {Threei} AMZN 1: I can't count that far
[08:12] {esemde} everbody have a great....off to the links...Victoria Day and all
[08:12] {Threei} take care esemde :)
[08:12] {craigaudio} bye
[08:12] {dino} lucky dog ese
[08:13] {esemde} were gonna have to get out sometime dino
[08:14] {DaveG} what's Victoria Day?
[08:14] {Threei} that's our canadian thing
[08:14] {DaveG} like....go team go?
[08:14] {DaveG} poms poms and all
[08:14] {Threei} ever heard of Queen Victoria?
[08:15] {DaveG} yeah
[08:15] {Threei} there you go
[08:15] {DaveG} k
[08:15] {magoo} howe much for gallon gas in canada where u at vad?
[08:16] {Threei} we count in litres
[08:16] {Threei} more expensive than in USA afaik
[08:16] {magoo} sugh
[08:16] {DaveG} hey, do you drive on the wrong side of the road up there?
[08:16] {Threei} 1.26 cdn/l where I am
[08:16] {magoo} 3.10 gallon here
[08:17] {Threei} police says I often do dave
[08:17] {DaveG} lol
[08:17] {DaveG} i paid 3.49 for reg yesterday
[08:17] {Threei} although as far as I am concerned, it's not me
[08:17] {DaveG} :)
[08:22] {dino} out agen, +.03
[08:23] {magoo} out ACGY no blood
[08:23] {magoo} can't take it
[08:24] {Threei} yeah
[08:24] {magoo} see, i don't have hard stops so i gotta stare at that allday
[08:24] {magoo} killing me
[08:24] {Threei} OK, I calculated... about 4.50/gallon would be equivalent
[08:25] {DaveG} wow
[08:25] {Threei} I don't know magoo... IMO, hard stops would be killing you much bigger and more frequently
[08:26] {DaveG} hard stops suck
[08:26] {DaveG} imo
[08:26] {Roman} long NASI small
[08:26] {Roman} slow
[08:27] {dino} i disagree
[08:27] {magoo} i just saying i can not take watching it drip, was in what?...2 hours or so...done with it...my personality problem oi guess
[08:27] {DaveG} if your watching, i should add, if your not at your computer, obviously, stops are essential
[08:27] {craigaudio} hard stops are better than a pee pot at my desk
[08:27] {craigaudio} IMHO
[08:28] {DaveG} yes, of course, i ment, if your watching
[08:29] {dino} lol
[08:29] {dino} you're killing craig
[08:29] {dino} ffhl
[08:30] {craigaudio} trading is bead enough, but it was the stains on the floor that was the final straw for the missus.
[08:30] {DaveG} lol
[08:32] {dino} yeah, they don't appreciate that
[08:33] {magoo} and diaper bill gets way out of control
[08:33] {craigaudio} lol
[08:33] {magoo} they're not cheap..tyhe adult size
[08:33] {dino} jrcc a bit crazy
[08:34] {magoo} plus, i needed dino to help with clean up lol
[08:34] {DaveG} lol
[08:34] {dino} yuck
[08:34] {craigaudio} yuck
[08:35] {magoo} try to picture that and u will puke lol
[08:35] {cosmo} hmm...elder care it seems
[08:35] {cosmo} dndn
[08:36] {dino} he may be my elder, but doesn't mean i care
[08:36] {Threei} lol
[08:36] * magoo slaps Threei around a bit with a large trout
[08:36] {Threei} oops
[08:36] {Threei} what did I do
[08:37] {magoo} just warming up on u
[08:37] {Threei} oh
[08:37] * magoo slaps DaveG around a bit with a large trout
[08:37] {Threei} sheesh DNDN
[08:38] {Threei} news?
[08:38] {Roman} CNBC
[08:38] {Roman} pop
[08:38] {dino} gsol s .15\
[08:39] {Roman} DNDN popping on CNBC story
[08:40] {Threei} so tempted to short it
[08:41] {magoo} me too
[08:41] {craigaudio} ACGY fighting back
[08:42] {magoo} ggggggggggggrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
[08:43] {craigaudio} can we get a pee pot for magoo please
[08:48] {magoo} AMZN...SIGH vad
[08:49] {magoo} i banked $200...could have $2000m
[08:49] {craigaudio} we gave away over a dollar on amzn. scalpers regret?
[08:50] {craigaudio} we are a bunch of knuckle heads on amzn. look at the daily. was a perfect breakout!!!
[08:50] {magoo} what do u think?
[08:51] {craigaudio} i even though it was going to happen on friday and got burned on a false breakout. drat need to use the old memory banks more
[08:53] {Threei} are you trading real time or in hindsight?
[08:54] {craigaudio} lol. im cursing myself really. i really liked the daily on friday for breakout and got burned. i just didnt check the daily again today when you called it.
[08:55] {magoo} my excuse vad...i'm just greedy he he
[08:55] {Threei} come on guys, what kind of approach is that
[08:55] {Threei} you can trade what you can read
[08:55] {craigaudio} PETM
[08:56] {Threei} stop .09 PETM
[08:58] {dino} vad, send them to the corner
[08:58] {dino} give their names the color pink
[08:59] {Threei} lol
[08:59] {craigaudio} ill have the dunces hat please
[08:59] * magoo slaps craigaudio around a bit with a large trout
[08:59] {craigaudio} ouch!
[08:59] * magoo slaps craigaudio around a bit with a large trout
[09:00] {craigaudio} eee!
[09:00] * magoo slaps craigaudio around a bit with a large trout
[09:00] {craigaudio} ouff!
[09:00] {magoo} thats for getting me in trouble with vad he he
[09:00] * magoo slaps dino around a bit with a large trout
[09:01] {magoo} and thats for UUUUUUUUUUUUUUU
[09:02] {dino} hmmm
[09:03] {Threei} AMAT .16 long. .09 stop
[09:05] {dino} cat l .00
[09:08] {dino} nyux rockin'
[09:08] {dino} nyx
[09:08] {craigaudio} ugly tails on charts.
[09:09] {Roman} long ATHR
[09:09] {Roman} 29.10 area, 1/2 size, stop 28.75
[09:09] {dino} the only tails i look at are walking down the street
[09:09] {Roman} potential over $30
[09:10] {craigaudio} you smooth dog dino
[09:11] {Threei} stop to .13 AMAT
[09:11] {craigaudio} looks good for 1:1
[09:16] {Threei} ACGY worked after all
[09:17] * magoo slaps dino around a bit with a large trout
[09:17] * magoo slaps dino around a bit with a large trout
[09:19] {magoo} boy...i'm really dishing them out today...and i'm having a good day too
[09:21] {craigaudio} out acgy
[09:22] {craigaudio} time to move stop on PETM vad?
[09:22] {Threei} .14
[09:22] {Threei} 1:1 AMAT
[09:23] {craigaudio} out half amat
[09:24] {Threei} stop to .14 as well
[09:26] {craigaudio} petm acting like a dog
[09:30] {lklarson} out acgy 1:1 thx vad
[09:31] {Threei} welcome
[09:33] {magoo} roman, were u stopped out of ATHR?
[09:33] {Roman} nope
[09:34] {magoo} looking better here
[09:34] {Roman} RVBD high
[09:37] {craigaudio} the YM daily looks so overextended
[09:38] {Threei} GLBL 23.99 short if stays under 24.05
[09:38] {Threei} just a scalp most likely
[09:38] {dino} l tm .65
[09:43] {craigaudio} stopped petm.
[09:45] {magoo} loss .80 amznshort scalp
[09:54] {Threei} CPHD .51 long
[09:54] {Threei} .39 stop, for hardcore scalpers .44
[10:00] {dino} out cat .10, +.10
[10:00] {Threei} AGEN... maybe not done
[10:04] {magoo} loss 68 amzn sh scalp
[10:07] {Threei} come on CPHD
[10:07] {magoo} jumper vad?
[10:07] {Threei} sometimes
[10:07] {Threei} not all the time
[10:07] {magoo} 68.12 stop AMZN
[10:12] {magoo} die AMZN DDDDDIIIIIIIIIIIIIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
[10:14] {dino} gsol stopped -.13
[10:14] {Chaeron} magoo... step away from the 64oz Redbull Big Gulp....
[10:14] {magoo} roflol
[10:14] {Chaeron} :)
[10:18] {magoo} out
[10:18] * DaveG sacrafices 3 chickens
[10:18] {craigaudio} BIDU was a nice chart today. gapped up over breakout and ran
[10:18] {Threei} not enough Dave... gotta give your firstborn and finest cheeses
[10:19] {DaveG} :)
[10:21] {magoo} amzn now..rinsed magoo
[10:23] {cosmo} cheeses?
[10:23] {cosmo} dairy?
[10:27] * DaveG sacrifices two more
[10:28] {Threei} VCLK won't stop ever?
[10:29] {dino} 36.430 it will
[10:39] {dino} amzn hl s .58
[10:40] {Threei} quick selling under .50, I'd start looking for bounce scalp VCLK
[10:49] {Threei} the closer to 34 the better
[10:49] {Threei} small shares, volatility is tough to handle on this one
[10:50] {dptl} acxm?
[10:50] {dino} thrx hl s .55
[10:51] {Threei} 28 break is nice on daily but intraday is extended... don't know
[10:52] {Threei} if no more lows, .65 is long VCLK with stop under .40
[10:53] {Threei} DRCO?
[10:54] {dino} drco
[10:54] {dino} 5 billion
[10:55] {dino} part of
[10:56] {Threei} sheesh
[11:01] {dino} amzn stopped, sheesh
[11:04] {Threei} VCLK held by fingertips
[11:05] {craigaudio} yes. whippy ride
[11:06] {Roman} PACT PacificNet guides Q1 revs of about $9 mln (3.91 -0.03)
[11:06] {craigaudio} NVDA popped today
[11:12] {Threei} no worky VCLK
[11:13] {craigaudio} nope
[11:13] {craigaudio} what the market giveth it take away
[11:23] {Roman} JRJC china play, very thin
[11:24] {dino} asvi
[11:31] {magoo} guys, i calling it a day, made goal (barely lol) and tired
[11:31] {Threei} take care magoo, good job
[11:32] {Threei} barely or not
[11:32] {magoo} i'll be in tomorrow, thanx for help
[11:47] {Threei} AGEN generates serious volume
[11:47] {dptl} cphd...ones again
[11:48] {Threei} watching if it's capable taking highs
[11:53] {Roman} AMSC on CNBC
[11:55] {Threei} if bounces closer to 18 and can't break it, short candidate
[11:55] {dptl} novn
[11:56] {Threei} short .90 half lot, 18.01 stop
[11:56] {craigaudio} CPHD still candidate long Vad?
[11:56] {Threei} .51
[11:56] {Threei} yes
[11:58] {dino} omtr s .70
[11:59] {craigaudio} stop for CPHD? .43?
[11:59] {Threei} or .39
[11:59] {Threei} both are valid
[12:01] {Threei} AGEN
[12:05] {Threei} AMSC 1:1
[12:05] {Threei} 1:2, me out
[12:06] {craigaudio} YM selling off
[12:06] {Threei} anyone went for AMSC?
[12:07] {craigaudio} me
[12:07] {Threei} still in?
[12:07] {craigaudio} but i also did an implus trade on AGEN and suffering now
[12:07] {craigaudio} im still half in amsc
[12:07] {Threei} what price are you in AGEN?
[12:07] {craigaudio} .65
[12:08] {craigaudio} almost the top
[12:08] {craigaudio} have stop at .40
[12:08] {Threei} keep stop under .50
[12:08] {Roman} DSTI DayStar Technologies enters into commitment letter with existing investor for bridge financing (4.43 -0.16)
[12:09] {Threei} between what and what?
[12:09] {Roman} Co announces that it has entered into a commitment letter with an existing investor to provide up to $4.0 mln of bridge financing to the co.
[12:09] {dino} omtr bstop to .30
[12:10] {dino} to .21
[12:10] {craigaudio} agen stopped
[12:10] {Threei} ok, now that you are out, let's look at it
[12:11] {Threei} couple times it tried .50, formed resisatance there
[12:11] {Threei} break of .50 would be a valid trade either for a scalp or for half out near day high
[12:11] {Threei} which was .62 at the time.
[12:11] {dino} cov .20, +.50
[12:12] {Threei} That high however was hit and broken on a spike
[12:12] {Threei} and our approach is not to buy spikes
[12:12] {dptl} dade
[12:12] {Threei} breakout is a good setup when the break level is reached by slow climb, not by sharp spike
[12:12] {craigaudio} covering some more AMSC here
[12:12] {craigaudio} yes vad
[12:13] {Threei} when you sold short AMSC you were smart money
[12:14] {craigaudio} when i brought the high is was stupid and chasing
[12:14] {Threei} shorting into price/volume spike, CNBC coverage failed to prop it over the high
[12:14] {craigaudio} out full lot amsc. thnks vad
[12:14] {Threei} very tight stop, minimal risk
[12:14] {Threei} welcome
[12:14] {Threei} ideal situation for taking position, everythinbg was on your side
[12:15] {Threei} with AGEN you played on the crowd team
[12:15] {Threei} smart mopney doesn't buy spikes, it sells into them
[12:15] {craigaudio} yes. i know this but implementing it is more difficult
[12:15] {Threei} and, first who tells me what mopney is doesn't get trouted
[12:16] {Threei} no, it's not
[12:16] {Threei} it's as easy or as difficult as you make it
[12:16] {Threei} it's all you
[12:16] {Threei} your finger pushes that button, your brain gives the order
[12:17] *** Disconnected
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[12:17] *** Rejoined channel #discussions
[12:17] -admin- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
[12:18] {craigaudio} yes
[12:19] {Threei} simply don't do it, and you will find it very easy
[12:19] {craigaudio} trying my best
[12:20] {Threei} don't overcomplicate it for yourself
[12:20] {Threei} look at ZOPLL
[12:20] {Threei} ZOLL
[12:20] {Threei} see the spike?
[12:21] {craigaudio} y
[12:21] {Threei} now look at me
[12:21] {Threei} not buying it
[12:21] {Threei} see, very easy
[12:22] {Threei} if this seems funny and lighthearted to you, it is
[12:22] {Threei} work out the same attitude
[12:22] {Threei} and it will become easy
[12:22] {craigaudio} heres hoping
[12:23] {Threei} now try not to buy STRL
[12:23] {craigaudio} not buying
[12:23] {Threei} look at it, register the spike and don't buy it
[12:23] {Threei} easy? :)
[12:24] {craigaudio} easyier after ive just lost some money
[12:24] {Threei} you won't next time
[12:25] {Threei} you bought certain knowledge with that money
[12:25] {Threei} now, if you repeat it, it will be equal to paying twice for the same goods
[12:25] {Threei} you don't return to the store to pay second time for the TV you already bought
[12:26] {craigaudio} lol yes your right
[12:26] {Threei} see the spike next time, remember that you already paid for thgis piece of knowledge
[12:26] {Threei} and don't pay for it again
[12:27] {dino} risky, s vclk .19
[12:27] {Threei} after you have bought all the mistakes there is, you have no other choice but make money
[12:30] {craigaudio} thnks vad. gonna take back those 3 TVs i bought for the price of two on special offer
[12:30] {craigaudio} :-)
[12:30] {dino} cov vclk .84, +.25
[12:30] {Threei} there is truth in all these jokes...
[12:31] {craigaudio} nice short dino
[12:31] {Threei} the truth is, one of the hardest things in learning process is to realize that the hadrest thing is to stop making the same mistakes over and over
[12:33] {dino} ty lucky
[12:34] {craigaudio} yes. well i think ive given myself enough punishment today
[12:34] {craigaudio} im gonna head off
[12:36] {dino} take care craig, you'll get it
[12:36] {dino} if it were easy, everybody would do it
[12:36] {craigaudio} bye guys. thanks for encouragement
[12:36] {dino} thrx bstop to .51
[12:37] {dino} make it .31
[12:39] {Roman} IDMI pop
[12:39] {dino} cov thrx .31, +.24
[12:43] {dino} mnst l .50
[12:45] {Threei} getting disconnected...
[12:46] {DaveG} i hate that feeling
[12:47] {Threei} lol
[12:47] {DaveG} :)
[12:47] {Threei} thank you all
[12:47] {DaveG} nono thank you
[12:47] {Threei} have a good evening,see you tomorrow
[12:47] {lklarson} take care vad
[12:47] {DaveG} take care
[12:55] {dino} cutting tm -.30
[12:59] {dptl} have a good evening all
[13:00] {dino} out mnst .75, +.25. thats it, thx all, tough morning ok afternoon
Friday, May 18, 2007
Realitytrader TradeLog - May 18, 2007
Session Start: Fri May 18 00:00:00 2007
Session Time: Fri May 18 00:00:00 2007
[04:57] {Roman} AQNT aQuantive: Microsoft to acquire aQuantive for $66.50/share (35.87 ) -Update-
[05:00] {Roman} VCLK ValueClick spikes 1 dollar pre-mkt following AQNT acquisition (27.88 ) -Update-
[05:11] {craigaudio} gm roman, everyone
[05:11] {Roman} gm craig
[05:12] {DaveG} morning
[05:35] {DaveG} GERN gapping
[05:35] {Roman} gm Dave
[05:35] {DaveG} hey roman
[05:35] {Roman} how are u doing in the challange?
[05:36] {DaveG} 15th in the finals
[05:36] {Roman} is it over?
[05:36] {DaveG} no
[05:36] {DaveG} it ends next friday
[05:38] {Roman} good luck
[05:38] {DaveG} thanks :)
[05:38] {Roman} any prices for the top 10?
[05:38] {Roman} if not 1rst?
[05:38] {Roman} prizes
[05:38] {DaveG} no
[05:41] {DaveG} i've already won
[05:41] {DaveG} i got a great new job :)
[05:42] {cosmo} gee ... where?
[05:43] {cosmo} el segundo?
[05:43] {DaveG} no, i'm living in Illinois now
[05:43] {cosmo} ah...IL
[05:44] {cosmo} black triangle country
[05:44] {cosmo} if you're into watching for such things
[05:45] {DaveG} i don't know what that is
[05:45] {cosmo} latest in UFO's
[05:45] {DaveG} oh
[05:45] {cosmo} maybe ours too
[05:45] {cosmo} who knows
[05:46] {DaveG} i'll ask when i see them
[05:46] {cosmo} pleas do
[05:46] {DaveG} :)
[05:46] {cosmo} :)
[05:46] {Roman} what's the job Dave?
[05:46] {DaveG} trading
[05:46] {Roman} equities?
[05:47] {DaveG} yes
[05:47] {Roman} for a prop firm?
[05:47] {DaveG} not yet
[05:47] {DaveG} i'm the first equities trader for a firm that mostly trades commod
[05:48] {DaveG} fslr losing ground
[05:49] {DaveG} it's a salaried position
[05:49] {craigaudio} congrats on the job dave. whats the competition you go on about
[05:49] {DaveG} ty
[05:49] {DaveG} cnbc
[05:50] {craigaudio} so youve been on TV then?
[05:50] {DaveG} my name has
[05:50] {craigaudio} oh and how does the comp work. what do you do?
[05:51] {Threei} it's just who can slap others with trout more per minute craig
[05:51] {DaveG} http://contests.cnbc.com/milliondollar/main.do
[05:51] {Threei} and dave gort fantastic training here
[05:51] {Threei} good morning :)
[05:51] {DaveG} you bet
[05:52] {Threei} hes slaps per minute rate is twice of the closest competitor
[05:52] * DaveG slaps Threei around a bit with a large trout
[05:52] {Threei} there
[05:52] {DaveG} OMR doubling on news
[05:52] {craigaudio} what stocks in your portflio dave?
[05:53] {DaveG} hk
[05:54] {dino} gm all
[05:54] {_ted123} hi
[05:54] {Threei} dino, ted :)
[05:55] {dino} gj and gl dave
[05:55] {DaveG} ty :)
[05:57] {gabby} what happened to AQNT??
[05:57] {Threei} buyout
[05:57] {DaveG} bought out
[05:57] {gabby} tks wow
[05:57] {dino} msft doing the deed
[05:58] {gabby} theres an overnight hold
[05:58] {Roman} call your broker and say that you never pressed a sell button on AQNT
[05:58] {Roman} yesterday, and have them return the shares
[05:58] {gabby} good morning all:-)
[05:58] {Threei} gabby :)
[06:01] {Roman} well, i guess no one got more humor
[06:01] {Roman} AVAN Avant Immun syas Typhoid Fever Vaccine Demonstrates Excellent Clinical Potential
[06:01] {Roman} no one got my humor
[06:01] {DaveG} oh we got it
[06:02] {DaveG} :)
[06:02] {craigaudio} sorry was too busy calling my broker roman
[06:02] {gabby} fel even worse. lost money on them yest
[06:02] {dino} lol rfr, there
[06:02] {Roman} thank u DINO
[06:02] {Roman} i feel much better now
[06:02] {Threei} no they didn't Roman... trust me, as soon as you start posting in color, your sense of humor becomnes all but non-existent, irrelevant, ignored etc
[06:05] {magoo} morning RT
[06:05] {Threei} magoo :)
[06:06] {dino} rfr's in clor? not to my eyes
[06:06] {dino} color
[06:06] {magoo} u making oiut ok vad w/appointments?
[06:06] {esemde} good morning ya'll..
[06:07] {lklarson} morn all
[06:07] {Threei} esemde :)
[06:07] {Threei} lkl :)
[06:07] {Threei} yes magoo, ty... good news is, I am free till next Wed
[06:07] {Threei} bad part is, 6 more left
[06:07] {Threei} sigh
[06:08] {cosmo} DNDN
[06:08] {cosmo} testing
[06:08] {cosmo} .15
[06:09] {dptl} good morning all
[06:09] {Threei} dp :)
[06:16] {DaveG} wow, the Ducks won with Pronger suspended
[06:16] {DaveG} too cool
[06:17] {Threei} just to throw wrench in the spokes... maybe they won because he was suspended... {G}
[06:17] {cosmo} sounds like a good trade
[06:18] {dptl} anybody using esignal?
[06:19] {DaveG} vad :)
[06:20] {craigaudio} anyone advice on recording trades. i know i should do it but always forget. its such poor discipline and i need to fix it.
[06:20] {craigaudio} i have a sticker on my screen btw
[06:20] {esemde} anyone else been thinking that futures intraday have been up and down like rockets.....indicating struggling with possble market high
[06:21] {esemde} or is it my imagination?
[06:21] {Threei} I am not sujre what to make of it other than tension rising, esemde...
[06:21] {craigaudio} the daily on NQ is contracting in pennent formation imo. breakout either way
[06:21] {Threei} I mean, obcviously there is a serious fight on horizon
[06:22] {cosmo} TRMP wants more?
[06:22] {Threei} but which side is more likely to win remains to be seen
[06:22] {Threei} I have a feeling it's going to be bulls
[06:22] {Threei} but if you ask me to bet my house on it I will most likely refuse
[06:22] {esemde} big funds and big buyers seem to be buying in Buffet et al.
[06:22] {dino} whats the sticker say craig?
[06:23] {craigaudio} record this trade!
[06:23] {dino} ahh
[06:24] {craigaudio} i now. instead of the alert "order filled" im changing it to "record this trade you plonker"
[06:24] {Threei} you don't have any kind of blotter that would allow you to print out trades at the end of the day, craig?
[06:25] {esemde} i see what you mean re the pennant craig....
[06:25] {craigaudio} yes i use TS to review trades but i want extra columns to add setup type and comments
[06:25] {craigaudio} would rather keep electronic records so can do filters to see what type of trades are working for me
[06:26] {craigaudio} also i need to do that suggestion you make in your book. with dividing columns based on trade plan
[06:27] {Threei} if you can import that record into Excel, that would be ideal
[06:27] {Threei} easy to add any kind of columns
[06:27] {craigaudio} yes. will be looking into it over the weekend. its on the top of the to do list
[06:28] {craigaudio} 3min to open
[06:30] {Threei} sharp selling in NQs
[06:30] {esemde} I see that..
[06:31] {Threei} DNDN again
[06:31] {Threei} 6.31 risky long trigger
[06:31] {Threei} stop 6.14
[06:33] {magoo} in
[06:33] {esemde} may the force be with you dndn..ers
[06:35] {craigaudio} aapl if breaks /50
[06:38] {dino} fmcn l .75, whippy
[06:38] {Roman} HSOA Home Solutions wins contracts valued at over $100 mln (6.25 +0.25)
[06:41] {Roman} MIVA radar today
[06:41] {Roman} small search engine
[06:41] {Roman} could get a pop on AQNT buying
[06:43] {dino} stopped fmcn -.32
[06:44] {Roman} DNDN
[06:44] {Roman} SOFO Sonic Foundry Chairman/CEO bought 10K shares at $2.32-2.35 (2.39 +0.09)
[06:44] {magoo} what about DNDN?
[06:45] {Roman} i think it's a slow riser
[06:45] {craigaudio} SEPr bouncing from lows
[06:45] {Roman} DNDN i took some long 6.29
[06:45] {Roman} just in case
[06:45] {magoo} oh, me too
[06:45] {Roman} long MAMA
[06:45] {Roman} small too
[06:45] {Roman} all day kinda thing
[06:46] {craigaudio} evil aapl stopped me
[06:46] {Roman} took MAMA 4.18 also may get some action off AQNT buyout
[06:47] {magoo} gonna need volume...mama
[06:47] {Roman} NQs dropping
[06:48] {Threei} BRCM short
[06:48] {Threei} 31.04
[06:48] {Threei} stop .21
[06:49] {magoo} in
[06:49] {esemde} nice one Vad..
[06:50] {Roman} out 1/2 MAMA +.20
[06:50] {magoo} nice roman
[06:51] {Roman} long GERN
[06:51] {Threei} stop to 31.11
[06:51] {Roman} 9.05 decent pullback
[06:52] {Roman} small GERN
[06:53] {Threei} 1:1 nice and easy
[06:53] {esemde} did you catch this one AQNT ala......1999 +77
[06:53] {magoo} patented vad
[06:54] {esemde} 77% that is
[06:56] {craigaudio} DNDN stopped
[06:56] {esemde} Yahoo!My Yahoo!Mail Make Y! your home pageYahoo! SearchSearch:Sign In
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[06:56] {esemde} AP
[06:56] {esemde} Microsoft t
[06:56] {Roman} my stop for DNDN 6.04
[06:57] {Roman} FRPT
[06:57] {esemde} sorry about that....that didn't work.....was suppose to say microsoft bought Aquntive
[06:57] {esemde} for 6B no less
[06:58] {dino} chip s .43
[06:58] {Roman} out GERN +.12
[06:58] {Roman} YHOO long setup
[07:00] {craigaudio} amzn potential long?
[07:00] {Roman} Michigan Sentiment-prelim 88.7 vs 86.5 consensus
[07:01] {Roman} NVDA may got and take that $35 today
[07:01] {craigaudio} im going long AMZN on break of range .56 if fires
[07:02] {dino} cat l .65
[07:03] {Roman} HSOA halted btw
[07:03] {Roman} ICAD
[07:03] {Roman} long
[07:03] {Roman} off 2.99 small
[07:05] {craigaudio} amzn not working
[07:05] {craigaudio} stopped
[07:06] {Roman} out DNDN -.19
[07:07] {Threei} ADBE 42.92 long if stays above .80
[07:08] {Roman} long MIVA off 4.60
[07:08] {Roman} in MIVA
[07:08] {Roman} 1/2 size
[07:08] {Roman} 4.60
[07:09] {dino} hl l de .30
[07:10] {Roman} HSOA opened
[07:13] {craigaudio} ADBE was invalidated vad?
[07:15] {Threei} it lost .80, didn't it? :)
[07:15] {Threei} and did it while NQ upticed
[07:15] {Roman} just curious does laser have HSOA short?
[07:16] {Threei} yes
[07:16] {Roman} damit they are good
[07:16] {magoo} 7.49 the wall on HSOA
[07:16] {magoo} long trigg .50..risky
[07:16] {Threei} VSCN
[07:16] {Threei} half lot long
[07:16] {Threei} stop under 15.80
[07:17] {magoo} not for me roman
[07:17] {magoo} laser no have it short
[07:17] {Threei} hmm?
[07:17] {Threei} my test order went through
[07:17] {magoo} i just tried twice
[07:17] {magoo} not mine
[07:18] {Threei} maybe limited amount of shares, got exhausetd quickly
[07:18] {magoo} they have it long guys (hwe he)
[07:18] {Roman} cyber, traderstation, and InteractiveBrokers don't have it
[07:18] {Threei} lol
[07:18] {magoo} oh, sorry, i'm late
[07:18] {Roman} anyone in MIVA?
[07:18] * magoo slaps DaveG around a bit with a large trout
[07:18] {Threei} VSCN 1:1
[07:19] {craigaudio} out 1:1 VSCN
[07:19] {Threei} there you go craig... nice, fast, no thinking invloved
[07:19] {Threei} how liberating was that?
[07:19] {craigaudio} yes nice
[07:19] {lklarson} out vscn 1:1 thx vad
[07:19] {Threei} see setup, take setup, let it work, take any outcome that comes with no hesitation
[07:20] {Threei} welcome
[07:20] {Threei} and that's the essence of trading
[07:20] {craigaudio} coolio. thnks vad
[07:20] {Threei} the rest is for analysts
[07:21] {craigaudio} potential short on ONXX if bounces to 31.70?
[07:22] {Roman} yes, NQ wants to sqeeze shorts
[07:22] {Roman} IMO
[07:22] {Threei} NVDA
[07:22] {Threei} .76 long
[07:22] {Threei} .64 stop/invalidating level
[07:25] {Roman} SINA, SNDA strong
[07:26] {Roman} ASIA long setup
[07:26] {Roman} i like the volume yesterday
[07:26] {Roman} daily looks good
[07:27] {Roman} in ASIA
[07:28] {Roman} 1/2 size
[07:29] {Roman} XMSr vad?
[07:29] {Threei} for a scalp maybe...
[07:30] {Threei} chart's nice, just doesn't feel like it has much fire under it
[07:31] {Roman} took some XMSr 10.72
[07:31] {Roman} not a clean setup of course
[07:35] {Roman} MIVA
[07:35] {Roman} near high
[07:36] {Roman} SWIR 52week hihg
[07:38] {dino} de stopped
[07:39] {craigaudio} me too
[07:39] {Threei} very nice MIVA entry
[07:39] {Roman} DSTI something is up
[07:41] {esemde} where would enter DSTI?
[07:41] {Roman} i would not enter DSTI
[07:41] {Roman} just noting
[07:41] {Roman} i don't like the large bid
[07:41] {esemde} tks
[07:41] {dino} chip bstop to .23
[07:43] {Roman} i like ASIA tho
[07:44] {dino} cov chip +.18
[07:44] {Roman} WFII getting some vol
[07:44] {Roman} HSOA looking for entry here
[07:44] {Roman} in 6.74
[07:45] {Roman} small shares
[07:45] {Roman} could have another rinse
[07:45] {Roman} i just want 15 cents
[07:45] {dino} chip hooker spread\
[07:50] {dino} rvbd l .23
[07:50] {dino} .22
[07:51] {craigaudio} amzn did break in the end but got me on the first false breakout
[07:52] {Roman} LOOK radar
[07:52] {Roman} EVST Everlast Signs Two-Year Sponsorship and Licensing Agreement with United States Amateur Boxing (19.70 +0.37)
[07:52] {Threei} RMBS
[07:52] {Threei} short .89
[07:53] {Threei} 19.01 stop
[07:53] {esemde} now theres a term you don't hear everyday.......the hooker spread???
[07:53] {craigaudio} whats it mean?
[07:54] {esemde} gonna have to ask dino i'm afraid.....I ain't got a clue!
[07:55] {craigaudio} sounds like it involves curb crawling and a dirty motel room
[07:55] {dino} lol, wide
[07:55] {esemde} I think level 2 quotes can get like that
[07:56] {esemde} dirty..i mean!
[07:56] {dino} you can tell it's friday
[07:57] {esemde} I'll bit....why?
[07:57] {magoo} this is gonna be a long summer..sigh
[07:57] {dino} the bad talk
[07:58] {dino} jrcc spikey
[07:58] {esemde} message received and noted!!!
[08:00] {Roman} out XMSR flat
[08:00] {craigaudio} nvda on through lod
[08:02] {Threei} there is a message in that breakdown
[08:02] {Threei} NVDA I mean
[08:02] {craigaudio} ?
[08:02] {dino} rvbd stop tightened to .08
[08:03] {Threei} fading the setup if invalidating level is hit before triggering
[08:03] {Threei} reinforced in this case by the fact that NQ continued upticking to new highs at the moment while NVDA couldn't reach its high
[08:05] {magoo} i'm confused
[08:06] {Roman} SMSI long watch
[08:07] {Threei} who isn't magoo... but what about this time? :)
[08:08] {dino} lol vad
[08:09] {dino} you should see the look on his face when i give him choices of beer
[08:09] {dino} de rinsed us craig
[08:10] {Threei} oh I know that look
[08:10] {Threei} I see it in the mirror often
[08:10] {craigaudio} yes but i got back second time
[08:10] {craigaudio} at .82
[08:10] {Roman} CNET
[08:11] {dino} gj
[08:11] {craigaudio} just small shares. testing
[08:11] {dino} lncr fast fall
[08:11] {magoo} who we talkin about now? he he
[08:12] {Roman} CNET likely to print over 9.50
[08:12] {Roman} poped too fast tho
[08:12] {dino} vtal
[08:13] {craigaudio} MDRX pop
[08:16] {Roman} NEXM
[08:16] {Roman} long NEXM 1.85, slow
[08:17] {Threei} SNDA watching for entry
[08:17] {Threei} if holds above .80, .89 long
[08:19] {magoo} in snda
[08:19] {craigaudio} drat missed it
[08:19] {dptl} was long snda at .77
[08:19] * magoo slaps craigaudio around a bit with a large trout
[08:19] {Threei} 1:1, half out
[08:20] {dptl} out snda..+.17
[08:21] {Threei} stop to .83
[08:21] {dino} rvbd stopped .07, -.15
[08:22] {craigaudio} out DE +.65
[08:22] {dino} gj craig
[08:23] {craigaudio} ty
[08:23] {craigaudio} RMBS not working out
[08:23] {craigaudio} so far
[08:24] {dino} chip spikey
[08:25] {dptl} feels pretty slow today.....friday i guess
[08:25] {Roman} USDA to allow processing of 80,000 birds on Indiana farms that received contaminated feed - Reuters
[08:25] {dino} de l .50
[08:29] {dptl} Roman ,did you get smsi?
[08:29] {Roman} no, i did not
[08:30] {magoo} DNDN busy
[08:31] {Threei} SNDA is a wash
[08:32] {craigaudio} back in DE long
[08:32] {dino} cat stop to .88
[08:33] {dino} out cat .90, +.25
[08:36] {Roman} OMNI looks good
[08:37] {craigaudio} ftek taking battering today
[08:38] {Roman} back in XMSR small
[08:38] {Roman} 10.75
[08:39] {craigaudio} stopped DE
[08:41] {dptl} sooo....slow
[08:41] {Roman} FORG something is up again
[08:41] {Roman} MGRM spike
[08:41] {Threei} alerted about FORG yesterday I think
[08:42] {magoo} yep
[08:42] {Threei} not easy to see an entry though
[08:42] {dptl} Vad,how's Nesi doing?
[08:42] {Threei} no updates
[08:43] {craigaudio} whats happened to nesi?
[08:43] {esemde} have a great weekend everyone....i'm off to vancouver to play with Motown superstar Martha Reeves at the Red Robinson Theatre..
[08:43] {Threei} health problems
[08:43] {Threei} take care esemde, have fun!
[08:43] {craigaudio} oh. hope hes ok
[08:44] {dptl} where you going to be esemde in Vancouver?
[08:44] {dino} s intu .29
[08:45] {esemde} I think the theatre is in Coquitlam
[08:45] {dptl} Are you a musician, esemde?
[08:46] {esemde} professional drummer/percussionist....Bachelor of Music education...Percussion performance degree
[08:46] {dino} cool ese, have fun
[08:46] {esemde} see yall
[08:53] {dptl} lost connection for a sec here
[08:53] {Threei} that was esemde's consipracy, to prevent you from asking for a free ticket
[08:54] {dptl} lol
[08:56] {dino} l rvbd .35
[08:58] {magoo} me too
[09:02] {Threei} DADE, half lot long .75
[09:02] {Threei} stop .59
[09:06] {Roman} MDRX another pop
[09:20] {craigaudio} DE pullback starting to move up
[09:22] {Threei} ELON?
[09:23] {dino} out de flat
[09:24] {craigaudio} did you short it dino?
[09:25] {craigaudio} MA spike
[09:27] {Threei} frikkin SNDA
[09:27] {craigaudio} out half RVBD +.40. thanks for heads on that guys
[09:28] {craigaudio} i know vad
[09:28] {Threei} sigh
[09:28] {craigaudio} this week has been painful
[09:28] {craigaudio} choppy week
[09:29] {dptl} atvi?
[09:29] {Threei} first 3 days were fine
[09:29] {Threei} yesterday, couldn't hit a desk with a pen
[09:30] {Threei} but I suspect it was mostly me, not market
[09:30] {Threei} Roman performed fine
[09:30] {Threei} not sure about ATVI dp
[09:30] {Threei} daily is kind of in the middle of nowhere
[09:31] {dptl} ty
[09:31] {dino} np craig
[09:32] {craigaudio} whats your aim with RVBD? you still in?
[09:33] {magoo} i cut it .70, + .35
[09:33] {magoo} sorry
[09:33] {magoo} forgot post
[09:33] {magoo} told ding dong tho
[09:33] {craigaudio} np. i took half at the hight of run. although starting to wish id taken it all
[09:33] {Roman} ASTI on radar
[09:33] {Roman} FORG new high
[09:33] {dino} i'm still in
[09:34] {magoo} been awhile, so here goes......................
[09:34] {craigaudio} where you put a stop dino?
[09:34] * magoo slaps Roman around a bit with a large trout
[09:34] {dino} lod
[09:34] {magoo} he prefers being called "ding dong"
[09:34] {craigaudio} are you swinging it or did you get a really good entry
[09:34] {dino} day, in at .35
[09:35] {dino} laying out at .85
[09:35] {magoo} [11:56] {dino} l rvbd .35
[09:35] {magoo} [11:58] {magoo} me too
[09:35] {magoo} [12:02] {Threei} DADE, h
[09:39] {dino} intu bstop tighten to .26
[09:40] {Roman} NVDA long
[09:40] {dino} partial fill s chip .54
[09:40] {Roman} 34.81
[09:41] {dino} intu stopped +.03
[09:45] {dino} slowly selling rvbd .85, +.50
[09:45] {dino} out
[09:46] {craigaudio} me too just took quarter off
[09:46] {dino} how you doing craig?
[09:46] {dino} ok, gj
[09:46] {dino} your entry?
[09:46] {dino} f'ing de
[09:47] {DaveG} short?
[09:47] {DaveG} de
[09:47] {dino} no, cut l flat at .50
[09:47] {DaveG} its weak, i want to short it
[09:47] {DaveG} whatcha think
[09:47] {dino} gave me trouble today
[09:47] {DaveG} so its evil
[09:47] {dino} sort of following the dow now
[09:47] {dino} lol
[09:48] {DaveG} :)
[09:48] {craigaudio} stopped rmbs
[09:48] {craigaudio} 1:1 DADE
[09:51] {craigaudio} out DADE
[09:52] {Roman} MVIS long setup
[09:52] {Roman} off 4.50
[09:52] {Threei} out too
[09:55] {dino} gj craig
[09:56] {craigaudio} unfortunately still not been a good week though
[09:57] {dino} so, you start today. we all go thru rough times. nature of the beast
[09:58] {craigaudio} fine line between success and failure in this game.
[09:58] {dino} #1 rule: you must stay in the game
[09:58] {craigaudio} at the moment im straying on the wrong side of the fence
[09:59] {Threei} IMO, you are focused on money part too much for this stage you are at
[09:59] {dino} vad is here to help. use him. he taught me.
[09:59] {Threei} your focus should be on making right trades
[09:59] {Threei} money will follow
[09:59] {Threei} it's a subproduct of right trading
[09:59] {craigaudio} yes
[10:00] {Threei} the moment when you start meauring your performance in money terms will come later
[10:00] {Threei} at this point it just clouds your judgement
[10:00] {Threei} focus on a trade you are about to make
[10:00] {Threei} is it right one?
[10:00] {Threei} does it match your chosen setups?
[10:00] {Threei} your trading plan?
[10:00] {Threei} what is the setups structure?
[10:01] {Threei} trigger, stop, risk
[10:01] {Threei} are all components of the right trade in place?
[10:01] {Threei} remember MPPs analogies with surgeon
[10:02] {Threei} who is not likely to be a very good one if he thinks of his reward for permormed surgery?
[10:02] {Threei} he focuses on doing it right
[10:03] {dino} hl s ompi .48, thin, risky
[10:03] {Threei} how do you tell good trade from bad?
[10:03] {Threei} that's not a rethoric question :)
[10:04] {Threei} seriously
[10:04] {craigaudio} risk assessment. share size accordingly. target set. either stop hit and take loss or target hit and scaled out
[10:04] {Threei} is losing trade necessary a bad trade?
[10:04] {craigaudio} no
[10:05] {craigaudio} if setup was there
[10:05] {craigaudio} take it
[10:05] {Threei} and if everything was structured right and you still lost,
[10:05] {Threei} what kind of trade was that?
[10:05] {craigaudio} this is trading. nothing is certain
[10:06] {Threei} so, how do you make money under such coonditions?
[10:06] {craigaudio} you have an edge.
[10:06] {Roman} go to Vegas?
[10:06] {dino} brb
[10:06] {Threei} which is supposed to work in a wider range of samples than any single given trade
[10:06] {craigaudio} historical patterns based on human nature that give an increased chance of success
[10:07] {Threei} while the outcome of each trade is uncertain, outcome of series of statistically valid size will be positive
[10:07] {craigaudio} yes
[10:07] {Threei} there you go
[10:07] {Threei} theory is here
[10:07] {craigaudio} i think i understand what im doing wrong.
[10:07] {Threei} now focus on implementing it
[10:07] {Threei} srtop chasing money
[10:07] {Threei} it's elusive
[10:07] {Threei} go after making right trades
[10:08] {craigaudio} one is discipline and losing head making too many trades. i have a day of that and it ruins the good work of a week
[10:08] {DaveG} stopped de
[10:08] {DaveG} i give
[10:08] {craigaudio} the other is that i still havent fine tuned my approach and the setups i want to utilise.
[10:08] {Threei} first is crucial
[10:08] {Threei} second is kind of ongoing process
[10:09] {Threei} there won't be a time when you could say
[10:09] {Threei} my approach is fully finished and will never change from now on
[10:09] {craigaudio} working on both as hard as possible.
[10:09] {Threei} of course there is some groundwork
[10:09] {Threei} that must be done
[10:09] {Threei} and that kind of lays the foundation
[10:09] {Threei} you are in a process of doing just that
[10:10] {Threei} but first point you made is absolutely crucial
[10:10] {Threei} if you don't control yourself, nothing will help
[10:10] {craigaudio} yes totally
[10:10] {Threei} you will simply violate all and any system you work out
[10:10] {Threei} not giving it a chance to work
[10:11] {Threei} that's why trading "secrets" are not in certain system or setup
[10:11] {Threei} if there is such thing as "secret" in trading,
[10:11] {Threei} it's a secret of learning to control yourself
[10:11] {dptl} true
[10:12] {Threei} that's why newbies chasing holy grail in a form of secret approach applied by successful traders will never succeeed
[10:12] {Threei} they look in a wrong place
[10:12] {craigaudio} yes. whatever works for the individual. it needs to be your own strategy
[10:13] {craigaudio} modified from someone else if required
[10:13] {Threei} can be your own, can be someone else's, can be combuination of both,
[10:13] {Threei} but the real question is,
[10:13] {dino} .
[10:13] {Threei} does it match your personality, your objectives, your erisk tolerance?
[10:13] {Threei} if not, you won't be able to trade it
[10:13] {Threei} you will deviate from it
[10:13] {craigaudio} im still not finished with my approach to market. and that is prob what kills me
[10:14] {Threei} I'll have to disagree
[10:14] {Threei} what kills you is:
[10:14] {Threei} 1. trading for money
[10:14] {Threei} 2. lack of discipline
[10:14] {Threei} focus on a right thing and do it religiously
[10:15] {Threei} and even with half baked system you will stop losing
[10:15] {Threei} then as you fine tune your system
[10:15] {Threei} you will start making a littler
[10:15] {Threei} then confidence builds up
[10:16] {Threei} and helps you with futher finetuning
[10:16] {dino} sounds familiar
[10:16] {Threei} doesn't it :)
[10:16] {Threei} then at some point you suddenly realize
[10:16] {dino} seriously. funny thing is magoo cannot trade mine, i can't trade his. personalities
[10:16] {Threei} there is nothing market could throw at you that would put you out of your game
[10:16] {dino} ttm l .25, stop .18
[10:17] {Threei} you master yourself, and market loses its power over you
[10:17] {Threei} (which was not there in a first place, you just gave it this power in your mind)
[10:18] {Threei} soak this philosophy in
[10:18] {Roman} CTIB earnings
[10:18] {Threei} it will do much more for your trading than any setup you can learn
[10:18] {Roman} CTIB CTI Industries reports Q1 EPS of $0.10 vs $0.10 single analyst est, revs rose 1.5% YoY to $8.27 mln vs $9.40 mln single analyst est (6.36 -0.64)
[10:19] {Threei} and this little talk is 100 times more valuable for your tradsing than any call I could make meanwhile
[10:21] {craigaudio} well i think i know where im going wrong and putting in the right effort and methods to make sure i can over come my problems
[10:21] {Threei} you better
[10:21] {Threei} or we will have to trout you hard and often
[10:21] {craigaudio} yes, otherwise ill be bust
[10:21] {craigaudio} lol
[10:22] {Threei} when you read TTR or MPP,
[10:22] {Threei} or watch scalping course
[10:22] {craigaudio} thanks for the chat. i know i can do this. its a tough one but worthy of the ffort
[10:22] {craigaudio} done both
[10:22] {Threei} try to pay attention to this general philosphy, mindset thing more than to particulars of a trade
[10:23] {Threei} in TTR, the most valuable paret is a first one
[10:23] {Threei} I could do the book easily without second and third
[10:23] {dino} if i may, try not to "see" so much.
[10:23] {Threei} but could never do one without first and still think I wrote a good one
[10:23] {lklarson} like you say vad, trading is not an exact science, it is an artform
[10:23] {Threei} that's a very good point dino
[10:24] {Threei} hard to explain sometimes
[10:24] {Threei} and even harder to understand for newer traders
[10:24] {Threei} but experienced ones know exactly what you mean
[10:24] {Threei} it sure is lkl... otherwise everyone would master it in a heartbeat
[10:25] {craigaudio} everyone percieves the market different ly otherwise there would never be anyone on the other side of trades
[10:25] {Threei} since it's far from rocket science, anyone who can graduate grade 7 would be able to master the science of it
[10:25] {Threei} it's an art part that gets people
[10:25] {Threei} expressing yourself in your trades
[10:26] {Threei} sounds esoteric... and for newer traders not knowing much about it sounds like bs
[10:26] {Threei} I know, I used to think that when I read things like that 10 years ago
[10:26] {Threei} now I know how true they are, and what it takes to get to this understanding
[10:28] {craigaudio} well in 6 month i feel like a different trader to the one starting out
[10:28] * magoo slaps craigaudio around a bit with a large trout
[10:29] {craigaudio} lol
[10:29] * DaveG slaps magoo around a bit with a large trout
[10:29] {Threei} I would sure hope so
[10:29] {Threei} for one thing, you got trouted
[10:29] {Threei} {G}
[10:29] {Chaeron} that just makes him smell different
[10:30] {dino} lol
[10:30] {Threei} lol
[10:30] {craigaudio} i was going to say, another 6 months and ill have to concern myself with dry cleaning bills rather than losing trades
[10:30] * magoo slaps craigaudio around a bit with a large trout
[10:31] {dptl} lol
[10:31] {craigaudio} and strong after shave to get rid of the smell
[10:31] * craigaudio slaps magoo around a bit with a large trout
[10:32] {magoo} HEY
[10:32] * DaveG slaps magoo around a bit with a large trout
[10:32] {magoo} what i do??
[10:32] * DaveG slaps magoo around a bit with a large trout
[10:32] {Threei} slapfest
[10:32] * dptl slaps magoo around a bit with a large trout
[10:32] {DaveG} i'm having a bad day
[10:33] * DaveG slaps DaveG around a bit with a large trout
[10:33] {dino} have a brew then
[10:33] {dino} picked up a bottle of cabo silver the other night
[10:33] {craigaudio} right guys im flat positions and have to go get these fish guts off me before i start my weekend
[10:34] {DaveG} take care
[10:34] {craigaudio} everyone have a great weekend
[10:34] {craigaudio} :-)
[10:34] {dino} you 2
[10:34] {magoo} by craigar'
[10:35] {craigaudio} btw guys noone hold RVBD as it reports on monday. good 5min consolidation though here
[10:35] {craigaudio} ok im off...bye guys
[10:41] {magoo} just because craig is off...doesn't give the rest of u off....get to work...FIND A TRADE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1
[10:42] {dptl} lol
[10:42] {Threei} oops
[10:42] {Threei} OK
[10:42] {Threei} looking
[10:42] {magoo} no laughing...i can't concentrate
[10:42] {Threei} why?
[10:43] {dino} see what i have to work with
[10:43] {Threei} tough
[10:45] {dino} mnst l .00
[10:47] {Threei} DADE non-stop
[10:53] {Roman} NVDA new high
[10:53] {Threei} too bad I never found ELON entry
[10:58] {magoo} DNDN hanging around...not in
[11:04] {magoo} LMRA vad
[11:05] {Threei} that's a tought one...
[11:05] {Threei} not easy to play even when has hot news
[11:05] {magoo} as in "firm"?
[11:05] {magoo} lol
[11:05] {Threei} lol
[11:05] {magoo} stought?
[11:05] {Threei} sigh
[11:06] {magoo} anyone slap u today vad?
[11:06] {Threei} I could add a disclaimer "you deal with world's worst typist" to all my posts but it wqould make them too long
[11:06] {Threei} yes, you did
[11:06] {Threei} earlier
[11:08] {dino} out mnst .30, +.30
[11:09] {dino} too soon, too tight on trail
[11:09] {dino} ya know, i give magoo two beauties, you think he'd say thx
[11:10] {Threei} I wouldn't count on it
[11:10] {dino} silence, thats what i get
[11:10] {Threei} you give, and give, and give... and they just say "more, more, more!"
[11:10] {lklarson} olo
[11:10] * Threei hears the sound of swinging trout and ducks
[11:10] {lklarson} lol
[11:10] {dino} like the rocking horse winner and i'm on the horse
[11:11] {lklarson} man, i tell you, since I joined this formum i think my spelling has really hit rock bottom
[11:12] {dino} no worries bro
[11:12] {DaveG} dont worry, magoo's will always be worse
[11:12] {Threei} I got news for you lkl
[11:13] {Threei} just when you think it's a rock bottom...
[11:13] {lklarson} not that I have anything of meaning to say :)
[11:13] {Threei} they blast it with dynamite and you see ways to go even lower
[11:13] {lklarson} lol
[11:18] {Threei} LMRA is not shirtable
[11:18] {Threei} shortable
[11:19] {Threei} seems like pure hype to me
[11:21] {Roman} NVDA long reloading
[11:21] {Roman} SGEN long setup
[11:22] {Threei} 10.50 on daily
[11:28] {lklarson} in sgen .50
[11:29] {magoo} btw, out mnst wityh dino, but better ..got .48
[11:29] {magoo} and U dave................
[11:29] {Threei} wtg
[11:30] * magoo slaps DaveG around a bit with a large trout
[11:30] {DaveG} :)
[11:30] {Threei} I strongly support this notion
[11:30] {magoo} had phone call, still could pull trigger eject..but no way type and talk
[11:30] {magoo} thanx vad on MNST
[11:31] {dino} ohh mannnnnnnnnnnn
[11:31] {dino} swiper
[11:35] {dino} ibkr drop
[11:39] {Threei} argh LMRA
[11:39] {lklarson} bah sgen
[11:39] {Threei} where is your stop lkl?
[11:39] {lklarson} .38
[11:40] {Threei} yup
[11:40] {lklarson} to tight eh
[11:40] {Threei} no
[11:40] {Threei} that's where I'd keep it too
[11:40] {lklarson} ok, i'm learning
[11:42] {Threei} with intraday range just 30 cents, no reason to keep too wide stop'
[11:42] {dino} de rolling
[11:44] {Threei} FORG is crawling
[11:44] {Threei} anyone had LMRA short?
[11:47] {dino} can't
[11:49] {dino} chip bstop to .51, not moving
[11:56] {dino} chip stopped
[11:56] {dino} +.02\
[11:58] {Threei} is next weekend long?
[12:00] {dptl} in the states
[12:00] {dptl} memoial
[12:01] {Roman} May 28
[12:01] {Roman}
[12:01] {Roman} Memorial Day: All markets closed
[12:01] {Threei} ty
[12:01] {Roman} May 28
[12:01] {dino} partial cov ompi .10, +.38
[12:05] {dino} in full
[12:07] {dino} well, took all day but over daily goal
[12:08] {lklarson} nice work dino
[12:09] {Threei} great job, very consistent
[12:09] {dino} ty lkl.
[12:09] {dino} most likely done, will hard stop ttm to b/e and see what happens
[12:09] {lklarson} np
[12:10] {dino} aria, usat moving
[12:11] {dino} ty vad, you've been a big help. keep up the daily lessons. re-inforces things
[12:11] * Threei takes a bow
[12:15] {dino} out ttm .30, +.05, changed my mind
[12:26] {Threei} LMRA
[12:26] {Threei} actually starts looking like break
[12:26] {Threei} .70
[12:26] {Threei} with .59 stop
[12:41] {Threei} OMNI
[12:46] {Threei} OK guys, have a good weekend
[12:46] {Threei} see you on Monday
[12:47] {lklarson} take care vad
[12:48] {dino} me too, take care all, decent week. thx for ideas
[12:50] {lklarson} have a good weekend all
[13:00] {dptl} good weekend everyone
Session Time: Fri May 18 00:00:00 2007
[04:57] {Roman} AQNT aQuantive: Microsoft to acquire aQuantive for $66.50/share (35.87 ) -Update-
[05:00] {Roman} VCLK ValueClick spikes 1 dollar pre-mkt following AQNT acquisition (27.88 ) -Update-
[05:11] {craigaudio} gm roman, everyone
[05:11] {Roman} gm craig
[05:12] {DaveG} morning
[05:35] {DaveG} GERN gapping
[05:35] {Roman} gm Dave
[05:35] {DaveG} hey roman
[05:35] {Roman} how are u doing in the challange?
[05:36] {DaveG} 15th in the finals
[05:36] {Roman} is it over?
[05:36] {DaveG} no
[05:36] {DaveG} it ends next friday
[05:38] {Roman} good luck
[05:38] {DaveG} thanks :)
[05:38] {Roman} any prices for the top 10?
[05:38] {Roman} if not 1rst?
[05:38] {Roman} prizes
[05:38] {DaveG} no
[05:41] {DaveG} i've already won
[05:41] {DaveG} i got a great new job :)
[05:42] {cosmo} gee ... where?
[05:43] {cosmo} el segundo?
[05:43] {DaveG} no, i'm living in Illinois now
[05:43] {cosmo} ah...IL
[05:44] {cosmo} black triangle country
[05:44] {cosmo} if you're into watching for such things
[05:45] {DaveG} i don't know what that is
[05:45] {cosmo} latest in UFO's
[05:45] {DaveG} oh
[05:45] {cosmo} maybe ours too
[05:45] {cosmo} who knows
[05:46] {DaveG} i'll ask when i see them
[05:46] {cosmo} pleas do
[05:46] {DaveG} :)
[05:46] {cosmo} :)
[05:46] {Roman} what's the job Dave?
[05:46] {DaveG} trading
[05:46] {Roman} equities?
[05:47] {DaveG} yes
[05:47] {Roman} for a prop firm?
[05:47] {DaveG} not yet
[05:47] {DaveG} i'm the first equities trader for a firm that mostly trades commod
[05:48] {DaveG} fslr losing ground
[05:49] {DaveG} it's a salaried position
[05:49] {craigaudio} congrats on the job dave. whats the competition you go on about
[05:49] {DaveG} ty
[05:49] {DaveG} cnbc
[05:50] {craigaudio} so youve been on TV then?
[05:50] {DaveG} my name has
[05:50] {craigaudio} oh and how does the comp work. what do you do?
[05:51] {Threei} it's just who can slap others with trout more per minute craig
[05:51] {DaveG} http://contests.cnbc.com/milliondollar/main.do
[05:51] {Threei} and dave gort fantastic training here
[05:51] {Threei} good morning :)
[05:51] {DaveG} you bet
[05:52] {Threei} hes slaps per minute rate is twice of the closest competitor
[05:52] * DaveG slaps Threei around a bit with a large trout
[05:52] {Threei} there
[05:52] {DaveG} OMR doubling on news
[05:52] {craigaudio} what stocks in your portflio dave?
[05:53] {DaveG} hk
[05:54] {dino} gm all
[05:54] {_ted123} hi
[05:54] {Threei} dino, ted :)
[05:55] {dino} gj and gl dave
[05:55] {DaveG} ty :)
[05:57] {gabby} what happened to AQNT??
[05:57] {Threei} buyout
[05:57] {DaveG} bought out
[05:57] {gabby} tks wow
[05:57] {dino} msft doing the deed
[05:58] {gabby} theres an overnight hold
[05:58] {Roman} call your broker and say that you never pressed a sell button on AQNT
[05:58] {Roman} yesterday, and have them return the shares
[05:58] {gabby} good morning all:-)
[05:58] {Threei} gabby :)
[06:01] {Roman} well, i guess no one got more humor
[06:01] {Roman} AVAN Avant Immun syas Typhoid Fever Vaccine Demonstrates Excellent Clinical Potential
[06:01] {Roman} no one got my humor
[06:01] {DaveG} oh we got it
[06:02] {DaveG} :)
[06:02] {craigaudio} sorry was too busy calling my broker roman
[06:02] {gabby} fel even worse. lost money on them yest
[06:02] {dino} lol rfr, there
[06:02] {Roman} thank u DINO
[06:02] {Roman} i feel much better now
[06:02] {Threei} no they didn't Roman... trust me, as soon as you start posting in color, your sense of humor becomnes all but non-existent, irrelevant, ignored etc
[06:05] {magoo} morning RT
[06:05] {Threei} magoo :)
[06:06] {dino} rfr's in clor? not to my eyes
[06:06] {dino} color
[06:06] {magoo} u making oiut ok vad w/appointments?
[06:06] {esemde} good morning ya'll..
[06:07] {lklarson} morn all
[06:07] {Threei} esemde :)
[06:07] {Threei} lkl :)
[06:07] {Threei} yes magoo, ty... good news is, I am free till next Wed
[06:07] {Threei} bad part is, 6 more left
[06:07] {Threei} sigh
[06:08] {cosmo} DNDN
[06:08] {cosmo} testing
[06:08] {cosmo} .15
[06:09] {dptl} good morning all
[06:09] {Threei} dp :)
[06:16] {DaveG} wow, the Ducks won with Pronger suspended
[06:16] {DaveG} too cool
[06:17] {Threei} just to throw wrench in the spokes... maybe they won because he was suspended... {G}
[06:17] {cosmo} sounds like a good trade
[06:18] {dptl} anybody using esignal?
[06:19] {DaveG} vad :)
[06:20] {craigaudio} anyone advice on recording trades. i know i should do it but always forget. its such poor discipline and i need to fix it.
[06:20] {craigaudio} i have a sticker on my screen btw
[06:20] {esemde} anyone else been thinking that futures intraday have been up and down like rockets.....indicating struggling with possble market high
[06:21] {esemde} or is it my imagination?
[06:21] {Threei} I am not sujre what to make of it other than tension rising, esemde...
[06:21] {craigaudio} the daily on NQ is contracting in pennent formation imo. breakout either way
[06:21] {Threei} I mean, obcviously there is a serious fight on horizon
[06:22] {cosmo} TRMP wants more?
[06:22] {Threei} but which side is more likely to win remains to be seen
[06:22] {Threei} I have a feeling it's going to be bulls
[06:22] {Threei} but if you ask me to bet my house on it I will most likely refuse
[06:22] {esemde} big funds and big buyers seem to be buying in Buffet et al.
[06:22] {dino} whats the sticker say craig?
[06:23] {craigaudio} record this trade!
[06:23] {dino} ahh
[06:24] {craigaudio} i now. instead of the alert "order filled" im changing it to "record this trade you plonker"
[06:24] {Threei} you don't have any kind of blotter that would allow you to print out trades at the end of the day, craig?
[06:25] {esemde} i see what you mean re the pennant craig....
[06:25] {craigaudio} yes i use TS to review trades but i want extra columns to add setup type and comments
[06:25] {craigaudio} would rather keep electronic records so can do filters to see what type of trades are working for me
[06:26] {craigaudio} also i need to do that suggestion you make in your book. with dividing columns based on trade plan
[06:27] {Threei} if you can import that record into Excel, that would be ideal
[06:27] {Threei} easy to add any kind of columns
[06:27] {craigaudio} yes. will be looking into it over the weekend. its on the top of the to do list
[06:28] {craigaudio} 3min to open
[06:30] {Threei} sharp selling in NQs
[06:30] {esemde} I see that..
[06:31] {Threei} DNDN again
[06:31] {Threei} 6.31 risky long trigger
[06:31] {Threei} stop 6.14
[06:33] {magoo} in
[06:33] {esemde} may the force be with you dndn..ers
[06:35] {craigaudio} aapl if breaks /50
[06:38] {dino} fmcn l .75, whippy
[06:38] {Roman} HSOA Home Solutions wins contracts valued at over $100 mln (6.25 +0.25)
[06:41] {Roman} MIVA radar today
[06:41] {Roman} small search engine
[06:41] {Roman} could get a pop on AQNT buying
[06:43] {dino} stopped fmcn -.32
[06:44] {Roman} DNDN
[06:44] {Roman} SOFO Sonic Foundry Chairman/CEO bought 10K shares at $2.32-2.35 (2.39 +0.09)
[06:44] {magoo} what about DNDN?
[06:45] {Roman} i think it's a slow riser
[06:45] {craigaudio} SEPr bouncing from lows
[06:45] {Roman} DNDN i took some long 6.29
[06:45] {Roman} just in case
[06:45] {magoo} oh, me too
[06:45] {Roman} long MAMA
[06:45] {Roman} small too
[06:45] {Roman} all day kinda thing
[06:46] {craigaudio} evil aapl stopped me
[06:46] {Roman} took MAMA 4.18 also may get some action off AQNT buyout
[06:47] {magoo} gonna need volume...mama
[06:47] {Roman} NQs dropping
[06:48] {Threei} BRCM short
[06:48] {Threei} 31.04
[06:48] {Threei} stop .21
[06:49] {magoo} in
[06:49] {esemde} nice one Vad..
[06:50] {Roman} out 1/2 MAMA +.20
[06:50] {magoo} nice roman
[06:51] {Roman} long GERN
[06:51] {Threei} stop to 31.11
[06:51] {Roman} 9.05 decent pullback
[06:52] {Roman} small GERN
[06:53] {Threei} 1:1 nice and easy
[06:53] {esemde} did you catch this one AQNT ala......1999 +77
[06:53] {magoo} patented vad
[06:54] {esemde} 77% that is
[06:56] {craigaudio} DNDN stopped
[06:56] {esemde} Yahoo!My Yahoo!Mail Make Y! your home pageYahoo! SearchSearch:Sign In
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[06:56] {esemde} AP
[06:56] {esemde} Microsoft t
[06:56] {Roman} my stop for DNDN 6.04
[06:57] {Roman} FRPT
[06:57] {esemde} sorry about that....that didn't work.....was suppose to say microsoft bought Aquntive
[06:57] {esemde} for 6B no less
[06:58] {dino} chip s .43
[06:58] {Roman} out GERN +.12
[06:58] {Roman} YHOO long setup
[07:00] {craigaudio} amzn potential long?
[07:00] {Roman} Michigan Sentiment-prelim 88.7 vs 86.5 consensus
[07:01] {Roman} NVDA may got and take that $35 today
[07:01] {craigaudio} im going long AMZN on break of range .56 if fires
[07:02] {dino} cat l .65
[07:03] {Roman} HSOA halted btw
[07:03] {Roman} ICAD
[07:03] {Roman} long
[07:03] {Roman} off 2.99 small
[07:05] {craigaudio} amzn not working
[07:05] {craigaudio} stopped
[07:06] {Roman} out DNDN -.19
[07:07] {Threei} ADBE 42.92 long if stays above .80
[07:08] {Roman} long MIVA off 4.60
[07:08] {Roman} in MIVA
[07:08] {Roman} 1/2 size
[07:08] {Roman} 4.60
[07:09] {dino} hl l de .30
[07:10] {Roman} HSOA opened
[07:13] {craigaudio} ADBE was invalidated vad?
[07:15] {Threei} it lost .80, didn't it? :)
[07:15] {Threei} and did it while NQ upticed
[07:15] {Roman} just curious does laser have HSOA short?
[07:16] {Threei} yes
[07:16] {Roman} damit they are good
[07:16] {magoo} 7.49 the wall on HSOA
[07:16] {magoo} long trigg .50..risky
[07:16] {Threei} VSCN
[07:16] {Threei} half lot long
[07:16] {Threei} stop under 15.80
[07:17] {magoo} not for me roman
[07:17] {magoo} laser no have it short
[07:17] {Threei} hmm?
[07:17] {Threei} my test order went through
[07:17] {magoo} i just tried twice
[07:17] {magoo} not mine
[07:18] {Threei} maybe limited amount of shares, got exhausetd quickly
[07:18] {magoo} they have it long guys (hwe he)
[07:18] {Roman} cyber, traderstation, and InteractiveBrokers don't have it
[07:18] {Threei} lol
[07:18] {magoo} oh, sorry, i'm late
[07:18] {Roman} anyone in MIVA?
[07:18] * magoo slaps DaveG around a bit with a large trout
[07:18] {Threei} VSCN 1:1
[07:19] {craigaudio} out 1:1 VSCN
[07:19] {Threei} there you go craig... nice, fast, no thinking invloved
[07:19] {Threei} how liberating was that?
[07:19] {craigaudio} yes nice
[07:19] {lklarson} out vscn 1:1 thx vad
[07:19] {Threei} see setup, take setup, let it work, take any outcome that comes with no hesitation
[07:20] {Threei} welcome
[07:20] {Threei} and that's the essence of trading
[07:20] {craigaudio} coolio. thnks vad
[07:20] {Threei} the rest is for analysts
[07:21] {craigaudio} potential short on ONXX if bounces to 31.70?
[07:22] {Roman} yes, NQ wants to sqeeze shorts
[07:22] {Roman} IMO
[07:22] {Threei} NVDA
[07:22] {Threei} .76 long
[07:22] {Threei} .64 stop/invalidating level
[07:25] {Roman} SINA, SNDA strong
[07:26] {Roman} ASIA long setup
[07:26] {Roman} i like the volume yesterday
[07:26] {Roman} daily looks good
[07:27] {Roman} in ASIA
[07:28] {Roman} 1/2 size
[07:29] {Roman} XMSr vad?
[07:29] {Threei} for a scalp maybe...
[07:30] {Threei} chart's nice, just doesn't feel like it has much fire under it
[07:31] {Roman} took some XMSr 10.72
[07:31] {Roman} not a clean setup of course
[07:35] {Roman} MIVA
[07:35] {Roman} near high
[07:36] {Roman} SWIR 52week hihg
[07:38] {dino} de stopped
[07:39] {craigaudio} me too
[07:39] {Threei} very nice MIVA entry
[07:39] {Roman} DSTI something is up
[07:41] {esemde} where would enter DSTI?
[07:41] {Roman} i would not enter DSTI
[07:41] {Roman} just noting
[07:41] {Roman} i don't like the large bid
[07:41] {esemde} tks
[07:41] {dino} chip bstop to .23
[07:43] {Roman} i like ASIA tho
[07:44] {dino} cov chip +.18
[07:44] {Roman} WFII getting some vol
[07:44] {Roman} HSOA looking for entry here
[07:44] {Roman} in 6.74
[07:45] {Roman} small shares
[07:45] {Roman} could have another rinse
[07:45] {Roman} i just want 15 cents
[07:45] {dino} chip hooker spread\
[07:50] {dino} rvbd l .23
[07:50] {dino} .22
[07:51] {craigaudio} amzn did break in the end but got me on the first false breakout
[07:52] {Roman} LOOK radar
[07:52] {Roman} EVST Everlast Signs Two-Year Sponsorship and Licensing Agreement with United States Amateur Boxing (19.70 +0.37)
[07:52] {Threei} RMBS
[07:52] {Threei} short .89
[07:53] {Threei} 19.01 stop
[07:53] {esemde} now theres a term you don't hear everyday.......the hooker spread???
[07:53] {craigaudio} whats it mean?
[07:54] {esemde} gonna have to ask dino i'm afraid.....I ain't got a clue!
[07:55] {craigaudio} sounds like it involves curb crawling and a dirty motel room
[07:55] {dino} lol, wide
[07:55] {esemde} I think level 2 quotes can get like that
[07:56] {esemde} dirty..i mean!
[07:56] {dino} you can tell it's friday
[07:57] {esemde} I'll bit....why?
[07:57] {magoo} this is gonna be a long summer..sigh
[07:57] {dino} the bad talk
[07:58] {dino} jrcc spikey
[07:58] {esemde} message received and noted!!!
[08:00] {Roman} out XMSR flat
[08:00] {craigaudio} nvda on through lod
[08:02] {Threei} there is a message in that breakdown
[08:02] {Threei} NVDA I mean
[08:02] {craigaudio} ?
[08:02] {dino} rvbd stop tightened to .08
[08:03] {Threei} fading the setup if invalidating level is hit before triggering
[08:03] {Threei} reinforced in this case by the fact that NQ continued upticking to new highs at the moment while NVDA couldn't reach its high
[08:05] {magoo} i'm confused
[08:06] {Roman} SMSI long watch
[08:07] {Threei} who isn't magoo... but what about this time? :)
[08:08] {dino} lol vad
[08:09] {dino} you should see the look on his face when i give him choices of beer
[08:09] {dino} de rinsed us craig
[08:10] {Threei} oh I know that look
[08:10] {Threei} I see it in the mirror often
[08:10] {craigaudio} yes but i got back second time
[08:10] {craigaudio} at .82
[08:10] {Roman} CNET
[08:11] {dino} gj
[08:11] {craigaudio} just small shares. testing
[08:11] {dino} lncr fast fall
[08:11] {magoo} who we talkin about now? he he
[08:12] {Roman} CNET likely to print over 9.50
[08:12] {Roman} poped too fast tho
[08:12] {dino} vtal
[08:13] {craigaudio} MDRX pop
[08:16] {Roman} NEXM
[08:16] {Roman} long NEXM 1.85, slow
[08:17] {Threei} SNDA watching for entry
[08:17] {Threei} if holds above .80, .89 long
[08:19] {magoo} in snda
[08:19] {craigaudio} drat missed it
[08:19] {dptl} was long snda at .77
[08:19] * magoo slaps craigaudio around a bit with a large trout
[08:19] {Threei} 1:1, half out
[08:20] {dptl} out snda..+.17
[08:21] {Threei} stop to .83
[08:21] {dino} rvbd stopped .07, -.15
[08:22] {craigaudio} out DE +.65
[08:22] {dino} gj craig
[08:23] {craigaudio} ty
[08:23] {craigaudio} RMBS not working out
[08:23] {craigaudio} so far
[08:24] {dino} chip spikey
[08:25] {dptl} feels pretty slow today.....friday i guess
[08:25] {Roman} USDA to allow processing of 80,000 birds on Indiana farms that received contaminated feed - Reuters
[08:25] {dino} de l .50
[08:29] {dptl} Roman ,did you get smsi?
[08:29] {Roman} no, i did not
[08:30] {magoo} DNDN busy
[08:31] {Threei} SNDA is a wash
[08:32] {craigaudio} back in DE long
[08:32] {dino} cat stop to .88
[08:33] {dino} out cat .90, +.25
[08:36] {Roman} OMNI looks good
[08:37] {craigaudio} ftek taking battering today
[08:38] {Roman} back in XMSR small
[08:38] {Roman} 10.75
[08:39] {craigaudio} stopped DE
[08:41] {dptl} sooo....slow
[08:41] {Roman} FORG something is up again
[08:41] {Roman} MGRM spike
[08:41] {Threei} alerted about FORG yesterday I think
[08:42] {magoo} yep
[08:42] {Threei} not easy to see an entry though
[08:42] {dptl} Vad,how's Nesi doing?
[08:42] {Threei} no updates
[08:43] {craigaudio} whats happened to nesi?
[08:43] {esemde} have a great weekend everyone....i'm off to vancouver to play with Motown superstar Martha Reeves at the Red Robinson Theatre..
[08:43] {Threei} health problems
[08:43] {Threei} take care esemde, have fun!
[08:43] {craigaudio} oh. hope hes ok
[08:44] {dptl} where you going to be esemde in Vancouver?
[08:44] {dino} s intu .29
[08:45] {esemde} I think the theatre is in Coquitlam
[08:45] {dptl} Are you a musician, esemde?
[08:46] {esemde} professional drummer/percussionist....Bachelor of Music education...Percussion performance degree
[08:46] {dino} cool ese, have fun
[08:46] {esemde} see yall
[08:53] {dptl} lost connection for a sec here
[08:53] {Threei} that was esemde's consipracy, to prevent you from asking for a free ticket
[08:54] {dptl} lol
[08:56] {dino} l rvbd .35
[08:58] {magoo} me too
[09:02] {Threei} DADE, half lot long .75
[09:02] {Threei} stop .59
[09:06] {Roman} MDRX another pop
[09:20] {craigaudio} DE pullback starting to move up
[09:22] {Threei} ELON?
[09:23] {dino} out de flat
[09:24] {craigaudio} did you short it dino?
[09:25] {craigaudio} MA spike
[09:27] {Threei} frikkin SNDA
[09:27] {craigaudio} out half RVBD +.40. thanks for heads on that guys
[09:28] {craigaudio} i know vad
[09:28] {Threei} sigh
[09:28] {craigaudio} this week has been painful
[09:28] {craigaudio} choppy week
[09:29] {dptl} atvi?
[09:29] {Threei} first 3 days were fine
[09:29] {Threei} yesterday, couldn't hit a desk with a pen
[09:30] {Threei} but I suspect it was mostly me, not market
[09:30] {Threei} Roman performed fine
[09:30] {Threei} not sure about ATVI dp
[09:30] {Threei} daily is kind of in the middle of nowhere
[09:31] {dptl} ty
[09:31] {dino} np craig
[09:32] {craigaudio} whats your aim with RVBD? you still in?
[09:33] {magoo} i cut it .70, + .35
[09:33] {magoo} sorry
[09:33] {magoo} forgot post
[09:33] {magoo} told ding dong tho
[09:33] {craigaudio} np. i took half at the hight of run. although starting to wish id taken it all
[09:33] {Roman} ASTI on radar
[09:33] {Roman} FORG new high
[09:33] {dino} i'm still in
[09:34] {magoo} been awhile, so here goes......................
[09:34] {craigaudio} where you put a stop dino?
[09:34] * magoo slaps Roman around a bit with a large trout
[09:34] {dino} lod
[09:34] {magoo} he prefers being called "ding dong"
[09:34] {craigaudio} are you swinging it or did you get a really good entry
[09:34] {dino} day, in at .35
[09:35] {dino} laying out at .85
[09:35] {magoo} [11:56] {dino} l rvbd .35
[09:35] {magoo} [11:58] {magoo} me too
[09:35] {magoo} [12:02] {Threei} DADE, h
[09:39] {dino} intu bstop tighten to .26
[09:40] {Roman} NVDA long
[09:40] {dino} partial fill s chip .54
[09:40] {Roman} 34.81
[09:41] {dino} intu stopped +.03
[09:45] {dino} slowly selling rvbd .85, +.50
[09:45] {dino} out
[09:46] {craigaudio} me too just took quarter off
[09:46] {dino} how you doing craig?
[09:46] {dino} ok, gj
[09:46] {dino} your entry?
[09:46] {dino} f'ing de
[09:47] {DaveG} short?
[09:47] {DaveG} de
[09:47] {dino} no, cut l flat at .50
[09:47] {DaveG} its weak, i want to short it
[09:47] {DaveG} whatcha think
[09:47] {dino} gave me trouble today
[09:47] {DaveG} so its evil
[09:47] {dino} sort of following the dow now
[09:47] {dino} lol
[09:48] {DaveG} :)
[09:48] {craigaudio} stopped rmbs
[09:48] {craigaudio} 1:1 DADE
[09:51] {craigaudio} out DADE
[09:52] {Roman} MVIS long setup
[09:52] {Roman} off 4.50
[09:52] {Threei} out too
[09:55] {dino} gj craig
[09:56] {craigaudio} unfortunately still not been a good week though
[09:57] {dino} so, you start today. we all go thru rough times. nature of the beast
[09:58] {craigaudio} fine line between success and failure in this game.
[09:58] {dino} #1 rule: you must stay in the game
[09:58] {craigaudio} at the moment im straying on the wrong side of the fence
[09:59] {Threei} IMO, you are focused on money part too much for this stage you are at
[09:59] {dino} vad is here to help. use him. he taught me.
[09:59] {Threei} your focus should be on making right trades
[09:59] {Threei} money will follow
[09:59] {Threei} it's a subproduct of right trading
[09:59] {craigaudio} yes
[10:00] {Threei} the moment when you start meauring your performance in money terms will come later
[10:00] {Threei} at this point it just clouds your judgement
[10:00] {Threei} focus on a trade you are about to make
[10:00] {Threei} is it right one?
[10:00] {Threei} does it match your chosen setups?
[10:00] {Threei} your trading plan?
[10:00] {Threei} what is the setups structure?
[10:01] {Threei} trigger, stop, risk
[10:01] {Threei} are all components of the right trade in place?
[10:01] {Threei} remember MPPs analogies with surgeon
[10:02] {Threei} who is not likely to be a very good one if he thinks of his reward for permormed surgery?
[10:02] {Threei} he focuses on doing it right
[10:03] {dino} hl s ompi .48, thin, risky
[10:03] {Threei} how do you tell good trade from bad?
[10:03] {Threei} that's not a rethoric question :)
[10:04] {Threei} seriously
[10:04] {craigaudio} risk assessment. share size accordingly. target set. either stop hit and take loss or target hit and scaled out
[10:04] {Threei} is losing trade necessary a bad trade?
[10:04] {craigaudio} no
[10:05] {craigaudio} if setup was there
[10:05] {craigaudio} take it
[10:05] {Threei} and if everything was structured right and you still lost,
[10:05] {Threei} what kind of trade was that?
[10:05] {craigaudio} this is trading. nothing is certain
[10:06] {Threei} so, how do you make money under such coonditions?
[10:06] {craigaudio} you have an edge.
[10:06] {Roman} go to Vegas?
[10:06] {dino} brb
[10:06] {Threei} which is supposed to work in a wider range of samples than any single given trade
[10:06] {craigaudio} historical patterns based on human nature that give an increased chance of success
[10:07] {Threei} while the outcome of each trade is uncertain, outcome of series of statistically valid size will be positive
[10:07] {craigaudio} yes
[10:07] {Threei} there you go
[10:07] {Threei} theory is here
[10:07] {craigaudio} i think i understand what im doing wrong.
[10:07] {Threei} now focus on implementing it
[10:07] {Threei} srtop chasing money
[10:07] {Threei} it's elusive
[10:07] {Threei} go after making right trades
[10:08] {craigaudio} one is discipline and losing head making too many trades. i have a day of that and it ruins the good work of a week
[10:08] {DaveG} stopped de
[10:08] {DaveG} i give
[10:08] {craigaudio} the other is that i still havent fine tuned my approach and the setups i want to utilise.
[10:08] {Threei} first is crucial
[10:08] {Threei} second is kind of ongoing process
[10:09] {Threei} there won't be a time when you could say
[10:09] {Threei} my approach is fully finished and will never change from now on
[10:09] {craigaudio} working on both as hard as possible.
[10:09] {Threei} of course there is some groundwork
[10:09] {Threei} that must be done
[10:09] {Threei} and that kind of lays the foundation
[10:09] {Threei} you are in a process of doing just that
[10:10] {Threei} but first point you made is absolutely crucial
[10:10] {Threei} if you don't control yourself, nothing will help
[10:10] {craigaudio} yes totally
[10:10] {Threei} you will simply violate all and any system you work out
[10:10] {Threei} not giving it a chance to work
[10:11] {Threei} that's why trading "secrets" are not in certain system or setup
[10:11] {Threei} if there is such thing as "secret" in trading,
[10:11] {Threei} it's a secret of learning to control yourself
[10:11] {dptl} true
[10:12] {Threei} that's why newbies chasing holy grail in a form of secret approach applied by successful traders will never succeeed
[10:12] {Threei} they look in a wrong place
[10:12] {craigaudio} yes. whatever works for the individual. it needs to be your own strategy
[10:13] {craigaudio} modified from someone else if required
[10:13] {Threei} can be your own, can be someone else's, can be combuination of both,
[10:13] {Threei} but the real question is,
[10:13] {dino} .
[10:13] {Threei} does it match your personality, your objectives, your erisk tolerance?
[10:13] {Threei} if not, you won't be able to trade it
[10:13] {Threei} you will deviate from it
[10:13] {craigaudio} im still not finished with my approach to market. and that is prob what kills me
[10:14] {Threei} I'll have to disagree
[10:14] {Threei} what kills you is:
[10:14] {Threei} 1. trading for money
[10:14] {Threei} 2. lack of discipline
[10:14] {Threei} focus on a right thing and do it religiously
[10:15] {Threei} and even with half baked system you will stop losing
[10:15] {Threei} then as you fine tune your system
[10:15] {Threei} you will start making a littler
[10:15] {Threei} then confidence builds up
[10:16] {Threei} and helps you with futher finetuning
[10:16] {dino} sounds familiar
[10:16] {Threei} doesn't it :)
[10:16] {Threei} then at some point you suddenly realize
[10:16] {dino} seriously. funny thing is magoo cannot trade mine, i can't trade his. personalities
[10:16] {Threei} there is nothing market could throw at you that would put you out of your game
[10:16] {dino} ttm l .25, stop .18
[10:17] {Threei} you master yourself, and market loses its power over you
[10:17] {Threei} (which was not there in a first place, you just gave it this power in your mind)
[10:18] {Threei} soak this philosophy in
[10:18] {Roman} CTIB earnings
[10:18] {Threei} it will do much more for your trading than any setup you can learn
[10:18] {Roman} CTIB CTI Industries reports Q1 EPS of $0.10 vs $0.10 single analyst est, revs rose 1.5% YoY to $8.27 mln vs $9.40 mln single analyst est (6.36 -0.64)
[10:19] {Threei} and this little talk is 100 times more valuable for your tradsing than any call I could make meanwhile
[10:21] {craigaudio} well i think i know where im going wrong and putting in the right effort and methods to make sure i can over come my problems
[10:21] {Threei} you better
[10:21] {Threei} or we will have to trout you hard and often
[10:21] {craigaudio} yes, otherwise ill be bust
[10:21] {craigaudio} lol
[10:22] {Threei} when you read TTR or MPP,
[10:22] {Threei} or watch scalping course
[10:22] {craigaudio} thanks for the chat. i know i can do this. its a tough one but worthy of the ffort
[10:22] {craigaudio} done both
[10:22] {Threei} try to pay attention to this general philosphy, mindset thing more than to particulars of a trade
[10:23] {Threei} in TTR, the most valuable paret is a first one
[10:23] {Threei} I could do the book easily without second and third
[10:23] {dino} if i may, try not to "see" so much.
[10:23] {Threei} but could never do one without first and still think I wrote a good one
[10:23] {lklarson} like you say vad, trading is not an exact science, it is an artform
[10:23] {Threei} that's a very good point dino
[10:24] {Threei} hard to explain sometimes
[10:24] {Threei} and even harder to understand for newer traders
[10:24] {Threei} but experienced ones know exactly what you mean
[10:24] {Threei} it sure is lkl... otherwise everyone would master it in a heartbeat
[10:25] {craigaudio} everyone percieves the market different ly otherwise there would never be anyone on the other side of trades
[10:25] {Threei} since it's far from rocket science, anyone who can graduate grade 7 would be able to master the science of it
[10:25] {Threei} it's an art part that gets people
[10:25] {Threei} expressing yourself in your trades
[10:26] {Threei} sounds esoteric... and for newer traders not knowing much about it sounds like bs
[10:26] {Threei} I know, I used to think that when I read things like that 10 years ago
[10:26] {Threei} now I know how true they are, and what it takes to get to this understanding
[10:28] {craigaudio} well in 6 month i feel like a different trader to the one starting out
[10:28] * magoo slaps craigaudio around a bit with a large trout
[10:29] {craigaudio} lol
[10:29] * DaveG slaps magoo around a bit with a large trout
[10:29] {Threei} I would sure hope so
[10:29] {Threei} for one thing, you got trouted
[10:29] {Threei} {G}
[10:29] {Chaeron} that just makes him smell different
[10:30] {dino} lol
[10:30] {Threei} lol
[10:30] {craigaudio} i was going to say, another 6 months and ill have to concern myself with dry cleaning bills rather than losing trades
[10:30] * magoo slaps craigaudio around a bit with a large trout
[10:31] {dptl} lol
[10:31] {craigaudio} and strong after shave to get rid of the smell
[10:31] * craigaudio slaps magoo around a bit with a large trout
[10:32] {magoo} HEY
[10:32] * DaveG slaps magoo around a bit with a large trout
[10:32] {magoo} what i do??
[10:32] * DaveG slaps magoo around a bit with a large trout
[10:32] {Threei} slapfest
[10:32] * dptl slaps magoo around a bit with a large trout
[10:32] {DaveG} i'm having a bad day
[10:33] * DaveG slaps DaveG around a bit with a large trout
[10:33] {dino} have a brew then
[10:33] {dino} picked up a bottle of cabo silver the other night
[10:33] {craigaudio} right guys im flat positions and have to go get these fish guts off me before i start my weekend
[10:34] {DaveG} take care
[10:34] {craigaudio} everyone have a great weekend
[10:34] {craigaudio} :-)
[10:34] {dino} you 2
[10:34] {magoo} by craigar'
[10:35] {craigaudio} btw guys noone hold RVBD as it reports on monday. good 5min consolidation though here
[10:35] {craigaudio} ok im off...bye guys
[10:41] {magoo} just because craig is off...doesn't give the rest of u off....get to work...FIND A TRADE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1
[10:42] {dptl} lol
[10:42] {Threei} oops
[10:42] {Threei} OK
[10:42] {Threei} looking
[10:42] {magoo} no laughing...i can't concentrate
[10:42] {Threei} why?
[10:43] {dino} see what i have to work with
[10:43] {Threei} tough
[10:45] {dino} mnst l .00
[10:47] {Threei} DADE non-stop
[10:53] {Roman} NVDA new high
[10:53] {Threei} too bad I never found ELON entry
[10:58] {magoo} DNDN hanging around...not in
[11:04] {magoo} LMRA vad
[11:05] {Threei} that's a tought one...
[11:05] {Threei} not easy to play even when has hot news
[11:05] {magoo} as in "firm"?
[11:05] {magoo} lol
[11:05] {Threei} lol
[11:05] {magoo} stought?
[11:05] {Threei} sigh
[11:06] {magoo} anyone slap u today vad?
[11:06] {Threei} I could add a disclaimer "you deal with world's worst typist" to all my posts but it wqould make them too long
[11:06] {Threei} yes, you did
[11:06] {Threei} earlier
[11:08] {dino} out mnst .30, +.30
[11:09] {dino} too soon, too tight on trail
[11:09] {dino} ya know, i give magoo two beauties, you think he'd say thx
[11:10] {Threei} I wouldn't count on it
[11:10] {dino} silence, thats what i get
[11:10] {Threei} you give, and give, and give... and they just say "more, more, more!"
[11:10] {lklarson} olo
[11:10] * Threei hears the sound of swinging trout and ducks
[11:10] {lklarson} lol
[11:10] {dino} like the rocking horse winner and i'm on the horse
[11:11] {lklarson} man, i tell you, since I joined this formum i think my spelling has really hit rock bottom
[11:12] {dino} no worries bro
[11:12] {DaveG} dont worry, magoo's will always be worse
[11:12] {Threei} I got news for you lkl
[11:13] {Threei} just when you think it's a rock bottom...
[11:13] {lklarson} not that I have anything of meaning to say :)
[11:13] {Threei} they blast it with dynamite and you see ways to go even lower
[11:13] {lklarson} lol
[11:18] {Threei} LMRA is not shirtable
[11:18] {Threei} shortable
[11:19] {Threei} seems like pure hype to me
[11:21] {Roman} NVDA long reloading
[11:21] {Roman} SGEN long setup
[11:22] {Threei} 10.50 on daily
[11:28] {lklarson} in sgen .50
[11:29] {magoo} btw, out mnst wityh dino, but better ..got .48
[11:29] {magoo} and U dave................
[11:29] {Threei} wtg
[11:30] * magoo slaps DaveG around a bit with a large trout
[11:30] {DaveG} :)
[11:30] {Threei} I strongly support this notion
[11:30] {magoo} had phone call, still could pull trigger eject..but no way type and talk
[11:30] {magoo} thanx vad on MNST
[11:31] {dino} ohh mannnnnnnnnnnn
[11:31] {dino} swiper
[11:35] {dino} ibkr drop
[11:39] {Threei} argh LMRA
[11:39] {lklarson} bah sgen
[11:39] {Threei} where is your stop lkl?
[11:39] {lklarson} .38
[11:40] {Threei} yup
[11:40] {lklarson} to tight eh
[11:40] {Threei} no
[11:40] {Threei} that's where I'd keep it too
[11:40] {lklarson} ok, i'm learning
[11:42] {Threei} with intraday range just 30 cents, no reason to keep too wide stop'
[11:42] {dino} de rolling
[11:44] {Threei} FORG is crawling
[11:44] {Threei} anyone had LMRA short?
[11:47] {dino} can't
[11:49] {dino} chip bstop to .51, not moving
[11:56] {dino} chip stopped
[11:56] {dino} +.02\
[11:58] {Threei} is next weekend long?
[12:00] {dptl} in the states
[12:00] {dptl} memoial
[12:01] {Roman} May 28
[12:01] {Roman}
[12:01] {Roman} Memorial Day: All markets closed
[12:01] {Threei} ty
[12:01] {Roman} May 28
[12:01] {dino} partial cov ompi .10, +.38
[12:05] {dino} in full
[12:07] {dino} well, took all day but over daily goal
[12:08] {lklarson} nice work dino
[12:09] {Threei} great job, very consistent
[12:09] {dino} ty lkl.
[12:09] {dino} most likely done, will hard stop ttm to b/e and see what happens
[12:09] {lklarson} np
[12:10] {dino} aria, usat moving
[12:11] {dino} ty vad, you've been a big help. keep up the daily lessons. re-inforces things
[12:11] * Threei takes a bow
[12:15] {dino} out ttm .30, +.05, changed my mind
[12:26] {Threei} LMRA
[12:26] {Threei} actually starts looking like break
[12:26] {Threei} .70
[12:26] {Threei} with .59 stop
[12:41] {Threei} OMNI
[12:46] {Threei} OK guys, have a good weekend
[12:46] {Threei} see you on Monday
[12:47] {lklarson} take care vad
[12:48] {dino} me too, take care all, decent week. thx for ideas
[12:50] {lklarson} have a good weekend all
[13:00] {dptl} good weekend everyone
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