Session Start: Thu May 17 00:00:00 2007
Session Time: Thu May 17 00:00:00 2007
[05:41] {DaveG} morning
[05:41] {gabby} morning DaveG
[05:41] {Threei} already?
[05:41] {Threei} OK... hi then :)
[05:42] {gabby} morning vad
[05:43] {Threei} gabby :)
[05:49] {Threei} DUSA FDA
[05:49] {Threei} not sure it has much potential
[05:49] {Threei} but worth keeping eye on
[05:51] {_ted123} hi
[05:51] {Threei} ted :)
[05:52] {craigaudio} hey Vad. everyone
[05:52] {Threei} craig :)
[05:53] {magoo} morn RT
[05:53] {Threei} magoo :)
[05:54] {magoo} mdth news?
[05:56] {Threei} don't see any
[05:58] {Roman} MDTH Medcath priced an additional 4 mln share offering at 33.07 - Bloomberg (34.09 )
[05:59] {Roman} MDRX Allscripts initiated with a Strong Buy at Raymond James- tgt $33 (22.88 )
[05:59] {Threei} everybody at NDRX loves raymond
[05:59] {Roman} DUSA +32.5% (receives Orphan Drug Designation for Levulan PDT to treat esophageal dysplasia), CTIC +5.0% (receives FDA special protocol assessment comments on the design of Phase III Trial of Pixantrone), GERN +6.0% (its scientists and collaborators differentiate human embryonic stem cells into insulin-producing islet-like clusters), ISIS +4.0% (announces positive Phase 2 data for ISIS 301012), SUNW +3.9% (announces $3 bln share buyback).
[06:01] {Roman} California high court clears the way for stem cell grants - Mercury News
[06:03] {Roman} (ASTM, STEM, VIAC, GERN)
[06:05] {craigaudio} PDC down on earnings
[06:07] {dino} gm all, brb
[06:08] {craigaudio} AMAT looks like a buy here
[06:10] {Threei} dino :)
[06:12] {dptl} good morning all
[06:12] {Threei} dp :)
[06:14] {esemde} good morning
[06:14] {Threei} esemde :)
[06:17] {esemde} TFSM ..looks like a buyout
[06:18] {esemde} 2k shs up .66 on my screen
[06:19] {esemde} sorry that 2 mill shs..
[06:21] {DaveG} dont think so ese
[06:22] {DaveG} re: buyout
[06:23] {Threei} they have an offer at 11.75
[06:23] {DaveG} oh
[06:23] {Roman} GERN on radar this morning too
[06:23] {Threei} not done deal yet afaik
[06:23] {DaveG} ok
[06:24] {esemde} morning Dave....NEW YORK (AP) - Online advertising company 24/7 Real Media Inc. said Thursday it agreed to be sold to WPP Group PLC, a London communications services conglomerate, in a cash deal valued at $649 million.
[06:24] {esemde} The purchase price of $11.75 per share represents a 30 percent premium over the company's average closing price for the past 60 days, 24/7 said.
[06:25] {Threei} wierd that it trades above the bid
[06:26] {esemde} I was just thinking that
[06:27] {DaveG} thanks for correcting me
[06:27] {gabby} perhaps they assume another bidder comes?
[06:27] {DaveG} gonna head over to my corner now :)
[06:27] {Threei} either that, or there are some conditions in the deal
[06:28] {Threei} that allow for the higher price under cxertain circumstances
[06:28] {esemde} my turn is coming Dave...if it already hasn't
[06:28] {Threei} Dave, you do that, but don't think it's going to save you from being trouted
[06:28] {Threei} we just wait for the moment you least expect
[06:28] {DaveG} :)
[06:29] * magoo slaps DaveG around a bit with a large trout
[06:29] {Threei} lol
[06:29] {Threei} didn't take long
[06:29] {DaveG} nope
[06:30] {Threei} really want pullback on GERN
[06:30] {esemde} sorry Dave didn't mean to get you slimy this morning
[06:30] {Threei} can't forget how many times it looked like total break and failed
[06:30] {DaveG} it's ok ese, i'm used to it
[06:30] {Threei} oh, don't worry, dave manages to get himself into that slime without any help :)
[06:30] {cosmo} DUSA
[06:32] {DaveG} lol
[06:34] {Roman} TSYS long watch
[06:34] {Roman} DNDN
[06:35] {Threei} RMBS two-sided setup on open break,
[06:35] {Threei} range 18.90 - 19.03
[06:35] {Threei} long 19.03 with stop at 18.90 or short .90 with stop 19.03
[06:36] {DaveG} i'll go one way, you go the other
[06:36] {DaveG} we'll meet in the middle
[06:36] {Threei} in the corner you mean?
[06:36] {DaveG} :)
[06:39] {esemde} nvtl
[06:39] {magoo} amzn vad, losing ground
[06:40] {dino} rvbd l .94
[06:40] {Threei} short at .70 break, half lot
[06:40] {Threei} AMZN that is
[06:40] {Threei} if goes above 63, backing away from shorting for now
[06:42] {craigaudio} NQ going for gap fill
[06:43] {Threei} .94 break would taske us there it seems
[06:43] {craigaudio} missed the RMBS short
[06:45] {magoo} DUSA vad...near high
[06:45] {craigaudio} AMZN play invalidated?
[06:45] {Threei} [09:40] {Threei} if goes above 63, backing away from shorting for now
[06:45] {craigaudio} thnks. just confirming :-)
[06:46] {DaveG} nice call rvbd dino
[06:46] {Threei} 4 maybe worth a try magoo, with stop 3.84
[06:46] {Threei} news is rather fluff on it but this kind often just takes a life on its own
[06:46] {magoo} its avail short also vad
[06:47] {Threei} if loses 3.80, becomes rather a bounce play
[06:47] {dino} out rvbd .49, +.55
[06:47] {Threei} a bit early for shorting it probably
[06:47] {magoo} loses .50 may be short play
[06:47] {DaveG} very nice dino, wtg
[06:47] {Threei} let it bounce around couple times and start losing steam
[06:47] {dino} ty
[06:47] {Roman} OVTI strong
[06:47] {esemde} nice job dino
[06:48] {Roman} NEXM interesting
[06:49] {dino} ty
[06:49] {Roman} long NEXM
[06:49] {Roman} 1.68, 1/2
[06:49] {Roman} long TSYS, 1/2
[06:53] {Threei} DUSA 3.75 short if stays under 3.85
[06:53] {esemde} pcln....making a move
[06:55] {magoo} sah dusa
[06:55] {Threei} .86 stop
[06:58] {esemde} long wrnc .65 stop .40
[06:59] {Roman} ONT on radar
[06:59] {craigaudio} which way roman?
[06:59] {Roman} ONT?
[06:59] {craigaudio} yes
[07:00] {Roman} long
[07:00] {craigaudio} ok
[07:01] {craigaudio} over extended daily for me on that one
[07:01] {Roman} yeah, it's just crazy momentum players
[07:01] {craigaudio} yes. crowd fever
[07:02] {Roman} VIAC looks long , but slow in swing
[07:03] {Roman} DNDN continues
[07:04] {Roman} AAPL long setup
[07:04] {Roman} in AAPL
[07:04] {Roman} small
[07:04] {Roman} 108.30
[07:05] {Roman} MBS lon Vad?
[07:05] {Roman} RMBS that is
[07:06] {Threei} I'd refrain
[07:06] {Threei} this NQ move is far from clear
[07:07] {Threei} hard to tell whether it just establishes the range or prepares for a rally
[07:07] {Roman} NVDA setting p long
[07:07] {Roman} off 35
[07:07] {esemde} out wrnc .85
[07:07] {Threei} nice
[07:08] {craigaudio} very
[07:08] {esemde} i think i should have been out on the first run vad....?
[07:09] {Threei} not necessary... really depends on what you aimed for, it's a valid decision in a framework of your trading plan
[07:09] {Threei} not "better or wosre"
[07:11] {esemde} kept the risk reasonably small as well .25 on 600shs
[07:11] {esemde} was approx 1:1 though
[07:12] {esemde} as per your book
[07:13] {Threei} if that was the original idea of the trade and things went as planned, everything's well
[07:13] {craigaudio} NVDA vad?
[07:14] {Threei} if original idea was different, then important question is, what happened to make you change your mind
[07:14] {Threei} [10:07] {Roman} NVDA setting p long
[07:14] {Threei} [10:07] {Roman} off 35
[07:14] {esemde} thanks
[07:15] {craigaudio} agreement all round then :-)
[07:15] {Roman} GERN
[07:15] {esemde} i did feel it was strong enough
[07:16] {craigaudio} NVDA needs to hold .90 though right. the daily looks ready for a measured move
[07:16] {craigaudio} futures reversal long side
[07:17] {Roman} in OVTI long
[07:17] {Roman} 14.50
[07:17] {Roman} stop 14.37
[07:17] {Threei} yeah, under .90 would invalidate the trade for me
[07:17] {craigaudio} cool
[07:17] {magoo} the nvda vad?
[07:17] {Threei} yes
[07:17] {Roman} out 1/2 AAPL +.18
[07:18] {dino} mnst l .10
[07:19] {Roman} solars bouncing
[07:19] {Roman} watching SOLF
[07:19] {craigaudio} nvda invalid
[07:19] {dino} out mnst .47, +.37
[07:19] {Roman} NQ hasn't made up its mind
[07:19] {esemde} CVTX at highs
[07:20] {dino} oopps .48
[07:21] * magoo slaps dino around a bit with a large trout
[07:21] {dino} re: the nq, neither have i, :)
[07:21] {Threei} lol
[07:22] {craigaudio} itmn
[07:22] {Roman} GERN really trying
[07:24] {Roman} i think STEMs are going
[07:24] {Roman} in ASTM & STEM swing
[07:26] {craigaudio} watch collapse on CECO
[07:26] {Roman} out remaining AAPL -.02
[07:26] {dino} ravn, tecua
[07:26] {DaveG} aapl is evil
[07:28] {Threei} AQNT
[07:28] {Threei} .71 long
[07:29] {Threei} .55 stop
[07:30] {craigaudio} will it hold?
[07:32] {craigaudio} AQNT a bit of a whippy ride
[07:32] {magoo} stopped dusa .84
[07:36] {craigaudio} stopped AQNT
[07:36] {Threei} [10:30] {craigaudio} will it hold?
[07:36] {Threei} no
[07:36] {craigaudio} :-(
[07:36] {craigaudio} bugger
[07:37] {craigaudio} AMGN forming bottom?
[07:37] {lklarson} yes
[07:37] {craigaudio} GERN forming cup and handle in 1min chart?
[07:38] {Threei} not really
[07:39] {Threei} so far, expanding range market day
[07:39] {Threei} always losing on such days
[07:39] {craigaudio} doh!
[07:40] {dino} tecua s .00, stop .27
[07:40] {Roman} MPEL short?
[07:41] {Roman} CSUN China Sunergy IPO opens for trading at $12.49 (12.15 +1.15) -Update-
[07:42] {Roman} out 1/2 NEXM +.12
[07:43] {magoo} long trigger 4.11 DUSA..riskt to scalp .48 area
[07:44] {craigaudio} brokers weak today
[07:45] {Roman} sell sell sell
[07:45] {craigaudio} crash helmets on!
[07:46] {Roman} CSUN china IPO
[07:49] {Threei} MEMY 2.51 long, .34 stop
[07:50] {magoo} oh crap.........all day boss
[07:50] {Threei} 2.50 actually if starts melting
[07:50] {Threei} I don't magoo
[07:50] {Threei} fon't play if you don't feel it's your kind
[07:50] {Roman} GERN
[07:51] {Roman} long GERN
[07:52] {Roman} 1/2 8.98
[07:52] {craigaudio} yes like gern through 9
[07:53] {craigaudio} long gern .03 stop at 8.86
[07:53] {magoo} out DUSA .40, + .30
[07:54] {craigaudio} gj guys
[07:54] {dino} nice
[07:54] {magoo} [10:43] {magoo} long trigger 4.11 DUSA..riskt to scalp .48 area
[07:54] {Threei} good one
[07:54] {magoo} i took mem btw : )
[07:54] {DaveG} good one mags
[07:54] {magoo} respect u too much not too
[07:55] {Threei} it's either your kind or not... I won't be horribly offended if you don't like the stock :)
[07:57] {Roman} just added VIAC long swing
[07:57] {Roman} Stems are real this time
[07:57] {Roman} IMO
[07:57] {magoo} yeah, but you will remind me along the way up he he
[07:57] {craigaudio} nice headsup on GERN roman. moving my stop to .95
[07:57] {Threei} or, you will remind me while it's not moving at all {G}
[07:58] {dino} hl s dusa .31, risky\
[07:58] {Roman} also bought some KOOL , they provide equipment for Stem cell companies
[07:58] {magoo} whats "{G}" mean?
[07:58] {Threei} grin
[07:59] {magoo} quit laughing and grinning and tell me sir
[07:59] {Threei} tell what?
[07:59] {cosmo} you want the truth?
[08:00] {magoo} [10:58] {magoo} whats "{G}" mean?
[08:00] {Threei} 10:58] {Threei} grin
[08:00] {magoo} GOTCHA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
[08:00] {DaveG} oy
[08:00] {Threei} whew
[08:00] {Roman} added OVTI 14.50
[08:00] {craigaudio} worth moving stop on MEMY to .39 vad?
[08:01] {dino} tecua tighten bstop to .06, not moving
[08:01] {Threei} either now or after new high is made... both are valid, craig
[08:01] {Threei} personal choice
[08:01] {craigaudio} ok ive moved mine up
[08:02] {Roman} wow tradestations is out of QQQQ short inventory, someone must have shorted a load
[08:02] {magoo} what to do.................what to do....................
[08:02] {Roman} market probably to pop 1 more time then
[08:03] {magoo} DUSA....48 long trigger to scalp out .71 area...breather...attacks .70 rd duex to get us .94
[08:03] {craigaudio} OVTI nice 60 min chart roman
[08:03] {magoo} RISKY
[08:03] {craigaudio} yes Magoo risky as Dino is plunging it!
[08:04] {dino} ??????????
[08:05] {craigaudio} arent you short DUSA dino?
[08:05] {magoo} also, 3.99 short trigg DUSA to scalp
[08:06] {craigaudio} stopped GERN
[08:06] {dino} yes, indeed i am sir
[08:06] {Roman} GERN just a pullback
[08:06] {dino} magoo is my polar opposit
[08:07] {Roman} SWIR interesting
[08:11] {craigaudio} GERN should have had wider stop might get back in
[08:12] {craigaudio} back in a 9
[08:16] {Roman} still in TSYS long
[08:18] {dino} dusa bstop is .51, in case anyone took it
[08:18] {craigaudio} cant short it otherwise i would have (yes vad its a joke i know)
[08:19] {magoo} u or me vad??
[08:19] {Threei} as long as you know, craig... :)
[08:19] {dino} stopped -.20 hl
[08:19] {craigaudio} JCP nice gap up today and looks like continuation
[08:19] * magoo slaps craigaudio around a bit with a large trout
[08:19] {craigaudio} im working on it Vad. on thing at a time
[08:19] * craigaudio slaps craigaudio around a bit with a large trout
[08:19] {craigaudio} me stupid
[08:21] {Threei} you just like making it hard on yourself :)
[08:21] {craigaudio} tradings just not tough enough ;-)
[08:22] {magoo} quote issues here, what server vad?
[08:22] {Threei} 6
[08:22] {magoo} ty
[08:22] {Threei} looks OK
[08:22] {magoo} i was on 1, 7 and 10
[08:23] {dino} s nxst .17
[08:23] {dino} partial fill
[08:23] {dino} ok
[08:26] {esemde} have a great day everybody
[08:26] {Threei} take care esemde
[08:26] {Threei} magoo... dare I say,
[08:26] {magoo} bye ES :)
[08:26] {craigaudio} bye
[08:26] {Threei} we have new high on MEMY
[08:26] {magoo} no u dare not
[08:26] {Threei} OK, I won't
[08:30] {Threei} nice TSYS Roman
[08:31] {Roman} ty
[08:34] {dino} .
[08:43] {craigaudio} not liking GERN so much now
[08:43] {Threei} JBHT
[08:44] {Threei} worth a try long
[08:44] {Threei} .19 trigger
[08:45] {Threei} scalp most likely
[08:45] {magoo} fast or slow one vad, as in jumper?
[08:45] {Threei} not superfast, but it can move
[08:45] {Threei} stop under 19.10
[08:45] {Threei} 29.10
[08:45] {magoo} pulp can move baby...george costanza
[08:47] {Roman} i think we wend green today & tomorrow, we too many shorts out there
[08:47] {Roman} we = way
[08:50] {Roman} NEXC feels like a short
[08:52] {Threei} sigh
[08:52] {craigaudio} not a good day
[08:56] {dino} too many trades craig
[08:57] {craigaudio} for me? no
[08:57] {dino} i'm wrong then thought you threw alot out
[08:57] {dino} nexc s rfr .52, stop hod
[08:59] {craigaudio} problem with 1:1 is that if you have a bad day. even if the next one is good then your still only even
[08:59] {dino} some days you eat the bear...
[08:59] {Threei} if you have a bad day, you will have it 1;1 or 1:5
[09:00] {craigaudio} not enough days left in this week for me
[09:01] {Threei} as if for the rest of us the amount of days in a week is different? :)
[09:01] {Roman} Philadelphia Fed 4.2 vs 4.0 consensus, prior 0.2
[09:01] {dino} if i may, clear out all. then start over, you have to stay positive, otherwise you're f*cked
[09:01] {craigaudio} yes
[09:01] {craigaudio} im always positive.
[09:02] {Threei} can you believe DUSA
[09:02] {magoo} yes
[09:02] {Roman} CAAS spike
[09:02] {Roman} CAAS news
[09:02] {Roman} RADAR
[09:03] {Roman} CAAS China Automotive Signed Supply Agreement with Volkswagen Joint Venture in China (8.10 +0.24)
[09:03] {Roman} this one can go
[09:03] {Roman} over $9
[09:03] {Roman} decent earnings earlier this week with this news
[09:04] {Roman} i am bidding 8.05 area
[09:07] {Threei} beauty
[09:07] {Threei} out from .23
[09:07] {Threei} thanks Roman
[09:07] {Roman} yo , i am still bidding 8.05
[09:07] {Roman} come back
[09:08] {craigaudio} lol.
[09:09] {craigaudio} DRIV bounce?
[09:09] {Threei} why?
[09:10] {dino} i was at 7.90
[09:10] {Roman} CTDC finding a bid off CAAS
[09:10] {Roman} watching CLWT as well
[09:11] {craigaudio} fall to support. also no bad news: RIV to win incremental large software customers (ADBE, INTU, ADSK and ERTS are all opportunities), which should increase its growth rate.
[09:11] {Threei} wow
[09:11] {Threei} that's a whole lot of totally unconnected things in one sentenbce :)
[09:12] {craigaudio} lol
[09:12] {Roman} MDII high
[09:13] {Threei} you jump to many different things at the samew time, craig
[09:14] {Roman} craig u stil in GERN?
[09:14] {craigaudio} no
[09:14] {craigaudio} are you? what are you thinking for that trade. i didnt like the way it was going
[09:14] {Threei} growth rate, customers on one side... and bounce on intraday basis on another
[09:14] {craigaudio} although i see volume coming in now
[09:15] {Roman} it's a slow mover, maybe too slow for scalping
[09:15] {Threei} have have nothng to do with each toehr
[09:16] {craigaudio} also 15min third higher pivot if holds
[09:16] {Roman} when u have bad day, instead of buying a breakout , u wait and buy pullbacks only, less risk
[09:17] {dino} imo, you try to see too much. my indicators are very basic, ie: less is more
[09:17] {Roman} if CAAS takes $9 and higher, i am watching JRJC another small cap China play
[09:18] {Roman} PTEN looks good
[09:18] {dino} forget reasons why, just watch the tape
[09:19] {Roman} MDII strange, maybe news coming
[09:20] {craigaudio} ADBE
[09:21] {craigaudio} news: Adobe Systems spikes 0.80 to session highs; strength attributed to positive comments at tier-1 firm regarding NPD data (42.55 +0.26) :
[09:22] {Roman} DRYS short setup, small shares
[09:31] {Threei} strong feeling that CAAS is not done
[09:32] {Roman} i am with u still at 8.05
[09:32] {Roman} .....................NOT
[09:32] {Roman} CTCH high
[09:32] {craigaudio} MEMY nearly 1:1
[09:32] {dino} gj
[09:32] {craigaudio} not taken profit yet.
[09:33] {Threei} 1:1
[09:33] {magoo} uh..xcuse me vad..but where exit on u know who?
[09:34] {Threei} I don't ... you are goijg to have to type the symbol :)
[09:34] {magoo} MEMY
[09:34] {Threei} there
[09:34] {Threei} lol
[09:34] {Threei} .65 is 1;1
[09:34] {magoo} ROFLOL
[09:34] {Threei} just got hit there
[09:34] {Roman} HSOA long off 6.10
[09:36] {Roman} Some Israeli tanks have entered N Gaza, according to Palestinian residents - DJ
[09:38] {Roman} ICAD small spike
[09:43] {Roman} DNDN high
[09:43] {Threei} DNDN
[09:43] {Threei} lol
[09:47] {Roman} OMNI
[09:47] {Roman} radar
[09:47] {DaveG} ooommmm
[09:47] {Roman} OMNI OMNI Energy Srvs raises 2007 guidance (10.19 +0.42)
[09:49] {Roman} guidance is strong
[09:50] {dino} nexc bstop tightened to .64, not working
[09:57] {dino} nexc stopped -.12
[10:02] {magoo} mkts losing ground here
[10:06] {craigaudio} im thinking that when the market trend changes overall it begins gradually then picks up when everyone realises whats happening and starts to hit eject?
[10:06] {dino} say it isn't so
[10:06] {craigaudio} is that right?
[10:06] {dino} to magoo
[10:07] {craigaudio} (my questions to anyone)
[10:08] {dino} dk, not really thinking about it
[10:08] {dino} right now we are in a bull, i'm dealing w/that
[10:09] {craigaudio} just wondering from prior experience what happens
[10:09] {magoo} u are fulla bull dino...i dealing with that
[10:09] {dino} lol. but seriously nobody knows. the bull may go on all year or end today
[10:11] {Threei} it can happen in different ways craig
[10:11] {Threei} what you described is one of them
[10:12] {Threei} sharp spike on a huge volume can mark the trend change just as well
[10:12] {craigaudio} ok. just wondered
[10:13] {dino} as they say in "trading in the zone"; "anything can happen" best 3 words you can learn
[10:13] {Threei} my inclinations are with dino on this matter
[10:13] {Threei} there is no need for a trader to overthink this kind of things
[10:13] {dino} and therefore, nothing i believe matters
[10:13] {craigaudio} oh im not trying to predict at all. it was just a thought on what actually happens when the trend and sentiment changes
[10:14] {Threei} analysis of this kind do nothing but create a feeling that you get some deep market secrets
[10:14] {Threei} which in turn creates false feeling of security
[10:14] {Threei} and tends to get you in troubles
[10:15] {Threei} trading is different animal by its nature
[10:15] {dino} craig, you know what really helped me? i turned the volume off of cnbc and put on the music.
[10:15] {Threei} recognize familiar scenraio for which you have standard response
[10:15] {Threei} respond
[10:15] {Threei} and let market do its thing
[10:15] {Threei} proving you right or wrong
[10:15] {Threei} in both cases you have standadr responses too
[10:16] {Threei} you can't even imagine how liberating and effective this approach is until you master it
[10:16] {Threei} then you start understanding how much stress analysis putr on you
[10:16] {craigaudio} i dont have CNBC. although id like to see cramers program everyone goes on about... and i have chilled out tunes on all day :-)
[10:17] {Threei} there is a good reason why analysts don't make good traders usually
[10:17] {Threei} no matter how brilliant they are
[10:17] {dino} good. now in big letters, tape this to your computer screen to make you keep stops: "BEING POOR SUCKS, STAYING POOR IS STUPID".
[10:18] {dino} somx
[10:18] {craigaudio} lol
[10:18] {dino} it's on my screen, ask magoo
[10:21] {magoo} huh?
[10:22] {Threei} lol
[10:23] {dino} synl blood
[10:27] {Threei} be back in 15
[10:44] {Threei} GERN is still moving
[10:45] {craigaudio} for gods sake why did i dump it
[10:45] {magoo} 17 minutes vad
[10:45] {Threei} 15
[10:45] {DaveG} 14
[10:45] {Threei} sopent 2 minutes looking at the scanner
[10:45] {Threei} did it hit your stop craig?
[10:47] {craigaudio} first time yes
[10:48] {Threei} so what's wrong with dumping it
[10:48] {dino} tecua stopped -.07
[10:48] {craigaudio} got back in and second time i had a bad feeling about so dumped it at small loss
[10:49] {DaveG} gonna take off some, need to open a local bank account and buy a mattress for my new place, y'all have a great day
[10:49] {DaveG} some=soon
[10:49] {craigaudio} which is the reason for the rally
[10:49] {craigaudio} bye dave
[10:50] {dino} lol dave, floor gettting hard
[10:50] {DaveG} i move in saturday :)
[10:50] {Threei} ,DaveG} floor itself would be fine, but those nails sticking out...
[10:50] {DaveG} :)
[10:51] {dino} l rvbd .71
[10:52] {dino} hl l de .30
[10:57] {dptl} tnx Dino......out +.15
[10:58] {dino} rvbd stop to .91
[10:59] {magoo} f@ckin dino
[10:59] {dino} out rvbd +.21
[10:59] {dino} geeze
[11:00] {dino} np dp
[11:10] {dino} rvbd l .99
[11:12] {Roman} any read on CPWR long?
[11:12] {Roman} i don't trust it personally
[11:12] {Threei} daily is too wierd
[11:14] {Roman} ONT long setup
[11:15] {Roman} OMNI looks better
[11:15] {Roman} in OMNI long
[11:17] {craigaudio} nice 15min bull flag on OMNI
[11:19] {magoo} mkt rocking back
[11:20] {craigaudio} range bound day
[11:22] {craigaudio} aapl
[11:23] {craigaudio} Apple iPhone Gets FCC Nod - mobilewhack.com (107.83 +0.49) -Update : Mobilewhack.com is reporting that the Apple iPhone has been approved by the FCC.
[11:25] {craigaudio} wow aapl mania
[11:27] {craigaudio} thanks for OMNI heads roman
[11:27] {Roman} don't thank you until u sell and make $$
[11:27] {Roman} don't thank me
[11:27] {craigaudio} i have 1:1 scalp
[11:29] {Roman} way too many shorts out there, the boyz probably want to clear them out
[11:30] {Roman} market higher, new high NQ by Memorial day .... IMO
[11:30] {Threei} CAAS is long here with stop under .20
[11:33] {dino} out de .59, +.29
[11:37] {Roman} Vad, this guy on CNBC has your accent
[11:37] {Roman} check it out
[11:37] {Threei} is he good looking?
[11:38] {Roman} not really
[11:38] {dptl} lol
[11:38] {Threei} that's me then
[11:40] {Roman} out 1/2 OMNI +.22
[11:40] {Threei} nice one
[11:40] {dino} watching E!
[11:41] {dino} line umpy
[11:42] {craigaudio} nice roman
[11:44] {Roman} waiting for another spike OMNI
[11:49] {dino} outrvbd .16, +.17
[11:51] {Roman} OSIR super thin
[11:51] {Roman} maybe going over $14
[11:51] {Roman} only 1 hour to go
[11:54] {Roman} CRUS Cirrus Logic: Director buys 136K shares at $7.29-$7.31 (7.25 -0.08) -Update-
[12:09] {Roman} ANPI spike
[12:12] {Chaeron} .
[12:13] {Roman} out 1/2 OVTI +.23
[12:14] {dino} gj
[12:16] {Threei} hitting them well today Romasn
[12:16] {Threei} (unlike me)
[12:16] {craigaudio} aapl blew through 109
[12:16] {Roman} out remaining OMNI +.44
[12:18] {Roman} getting ready to sell NEXM on next spike
[12:19] {Threei} OK guys, left for my next appointment... you are better off with Roman today anyway :)
[12:19] {Threei} see you tomorrow
[12:19] {Roman} good luck Vad
[12:19] {Roman} see u
[12:20] {craigaudio} good luck vad
[12:20] {magoo} good luck vad
[12:20] {lklarson} good luck Vad
[12:21] {Roman} PALM spike
[12:21] {dino} gl vadster
[12:24] {craigaudio} out CAAS
[12:28] {craigaudio} going long if palm breaks .62
[12:38] {Roman} Fox News reports terminal evacuated at Los Angeles Airport - Reuters
[12:45] {Roman} GERN
[12:45] {Roman} trying to break that 9.50
[12:46] {Roman} 15 min to go , too late now
[12:46] {craigaudio} god do i wish i hadnt canned it
[12:46] {magoo} ah rfr...nes tell u ..some of best runs into bell
[12:47] {craigaudio} its broke it
[12:47] {craigaudio} (craig throws up all over his monitor)
[12:47] {craigaudio} whats happened to Nesi these days? he was in the room awhile ago
[12:49] {dino} lol craig, throws up
[12:50] {craigaudio} im just sic after giving up on GERN. on a day like today that kind of move was neccessary
[12:50] {dino} risky, hl s de .74
[12:50] {craigaudio} perfect setup for sods law to occur. picture perfect
[12:51] {dino} its all greek to me
[12:56] {craigaudio} stopped PALM
[13:00] {dptl} good day all ' bye
[13:00] {dino} cov de .57, +.18
[13:00] {craigaudio} bye dino
[13:00] {lklarson} good night all
[13:00] {magoo} bye craig
[13:00] {magoo} c u ik
[13:00] {magoo} dp
[13:00] {craigaudio} bye magoo
[13:02] {dino} later craig
[13:02] {dino} gonna grab a brew, good day overall
[13:04] {dino} take care allo
[13:05] {craigaudio} bye everyone
Thursday, May 17, 2007
Wednesday, May 16, 2007
Realitytrader TradeLog - May 16, 2007
Session Start: Wed May 16 00:00:00 2007
Session Time: Wed May 16 00:00:00 2007
[05:44] {gabby} good morning RT's. Ou est vous
[05:44] {DaveG} morning
[05:47] {magoo} morning
[05:49] {DaveG} out 3/4 DE +2
[05:51] {esemde} morning guys and dolls
[05:51] {magoo} ES: )
[05:52] {esemde} howdy mag's
[05:52] {Threei} Good morning good people
[05:52] {Threei} ummm... that was discrimination
[05:52] {Threei} good morning people
[05:53] {esemde} the world sure is quiet at this time of the morning
[05:53] {magoo} gninrom dav
[05:53] {esemde} morning Vad
[05:53] {Threei} esemde, oogam :)
[05:53] {gabby} morning vad
[05:53] {Threei} gabby :)
[05:53] {esemde} them little checkups going OK? My wife is a nurse if you need to ask any questions
[05:54] {Threei} thank you, will keep in mind :)
[05:54] {DaveG} morning vad
[05:54] {Threei} Dave :)
[05:54] {Threei} it's a small treatment actually... so far so good
[05:56] {esemde} this is a good thing....
[05:56] {Threei} off the record, keep an eye on FORG
[05:56] {Threei} thing seems to pull back close to support and volume practically disappeared
[05:57] {Threei} in the past it spiked at some point in this kind of situations
[05:59] {cosmo} NUVO?
[05:59] {cosmo} rumor?
[05:59] {Threei} upgrade
[05:59] {esemde} FORG Forgent Networks Inc. continued increasing its profit during the second quarter of 2007.
[05:59] {esemde} The company recorded net income of $1.3 million, or 5 cents a share, in the quarter, compared with a loss of $480,000, or 2 cents a share, in the same period a year ago.
[05:59] {cosmo} buy out?
[05:59] {esemde} Revenue for the second quarter of 2007 totaled $1 million, compared with $4.4 million in the same quarter of 2006. Revenue from Forgent's intellectual property licensing went down from $3.8 million in the second quarter of 2006 to $28,000 in this second quarter of 2007. However, revenue from its software and services increased from $546,000 in the second quarter to $1 million in the second quarter of 2007.
[06:00] {magoo} XING news??
[06:00] {Threei} we get confused with facts easily, esemde :)
[06:01] {esemde} opps!!! appologies..
[06:01] {Threei} hehe
[06:01] {esemde} I'll restrain that kind of enthusiasm ......
[06:01] {Threei} don't see anything on XING
[06:02] {Threei} NUVO, BofA upgraded it to neutral qith target 3.50 cosmo... fluff, IMO
[06:02] {cosmo} hmm, fluff ... warm and fuzzy
[06:03] {cosmo} k
[06:03] {magoo} pretty good gap xing vad...i have trouble with reading it....it was billy's baby
[06:03] {esemde} Sales* 49.91 Mil
[06:03] {esemde} Income* 6.47 Mil
[06:03] {esemde} Sales Growth* +42.40%
[06:03] {esemde} Income Growth* +79.30%
[06:03] {esemde} Net Profit Margin +14.62%
[06:03] {esemde} Debt/Equity Ratio 0.40
[06:04] {Roman} STRN Sutron Receives $2,222,628 Order for Automatic Hydro-Met Stations in Iraq
[06:04] {esemde} opps that was for XING
[06:04] {craigaudio} gm guys
[06:04] {Threei} craig :)
[06:04] {esemde} I'm a fact guy sometimes...what can I say
[06:05] {Threei} XING was more or less p a play while on uptrend, magoo
[06:05] {Threei} ever since that gap down it was largely off the map
[06:06] {_ted123} Hi
[06:06] {Threei} ted :)
[06:07] {Threei} it's a good thing esemde... we need reality check sometimes, or we all will buy all FONR there is and dream of untold riches waiting for us in the sky sprinkled with diamonds
[06:09] {dptl} good morning all
[06:09] {Threei} dp :)
[06:09] {cosmo} diamonds are falling?
[06:10] {dptl} Vad,can you dcc me,pls
[06:10] {Threei} dunno, I am busy gathering something in my bag
[06:11] {Threei} did
[06:11] {Threei} dp
[06:15] {DaveG} Raven Industries reports earnings tommorow :)
[06:16] {Threei} while DAVE sold off full dollar yesterday
[06:16] {DaveG} lol
[06:16] {DaveG} where is that little birdie anyways
[06:18] {cosmo} he's trying to find the bees, Dave
[06:18] {DaveG} aahhh
[06:18] {Threei} careful Dave
[06:18] {DaveG} lol
[06:18] {cosmo} now HE's missing
[06:19] {Threei} you know, pick up on a martial arts master, be ready to visit a dentist {G}
[06:19] {DaveG} :)
[06:25] {esemde} MPWR ...up 2.60 17k shs maybe a good short after the open
[06:25] {dino} gm all
[06:25] {Threei} dino :)
[06:26] {DaveG} man, the Ducks got clobbered, sheesh
[06:32] {Threei} MPWR may be worth a shot on a short side if .45 broken
[06:32] {Threei} or if that huge bid is pulled
[06:33] {Threei} small shares in a ny case, stock can be jumpy
[06:34] {magoo} like that?
[06:34] {Threei} eqaktly like that
[06:34] {Threei} CPWR
[06:34] {Threei} news?
[06:35] {Roman} Compuware beats by $0.04 (9.94 -0.08) : Reports Q4 (Mar) earnings of $0.21 per share, $0.04 better than the Reuters Estimates consensus of $0.17; revenues rose 1.1% year/year to $313 mln vs the $313 mln consensus.
[06:35] {Threei} ty
[06:35] {Roman} 15-May-07 16:21 ET
[06:36] {Roman} DRYS
[06:37] {Threei} watching JNPR
[06:37] {Threei} .80 long
[06:38] {Threei} .64 stop
[06:39] {Threei} stock is fairly close to total breakout level 24
[06:39] {Threei} if it moves, aim for half out close to that level
[06:39] {magoo} in
[06:39] {Threei} and try to give second half a chance for that break
[06:39] {dino} rvbd l .50
[06:39] {esemde} XING bounce
[06:40] {Threei} or take a scalp if that's your MO
[06:41] {magoo} CPWR vali
[06:41] {magoo} sorry
[06:41] {magoo} wriong onbe
[06:41] {magoo} how u like that typing?
[06:41] {Threei} love it
[06:42] {magoo} goog up
[06:42] {craigaudio} when did you get in CPWR magoo?
[06:42] {dino} l pde .90
[06:42] {craigaudio} gave a nice pullback before the run. i was rebooting at the time
[06:42] {esemde} cpwr ...rats missed it..
[06:42] {magoo} i didn't, thought it was mpwr
[06:43] {magoo} only in jnpr
[06:43] {craigaudio} anyone get it?
[06:43] {_davegroom} my charts are messed up what is CPWR trading at
[06:43] {Threei} 11.83
[06:43] {esemde} good on ya...if you got in
[06:43] {_davegroom} thanks
[06:45] {Threei} Short Setup: BRCM 31.99 if stays under 32.15
[06:46] {craigaudio} yes vad like it. room to move down on the daily too
[06:46] {magoo} craig confuse magoo lol
[06:47] {Threei} we are easily confused bunch
[06:47] {Threei} me, I like traffic lights
[06:47] {craigaudio} if it breaks 32 then the daily support levels have been breached
[06:47] {craigaudio} and might move lower
[06:47] {Threei} just two signals to decode
[06:47] {Threei} and color takes away necessity to read
[06:47] {magoo} my personal favorite is light switch vad
[06:47] {craigaudio} yes pelican crossings can be dangerous. people dont always stop
[06:48] {dino} l de .75, hl
[06:48] {magoo} on........off
[06:48] {magoo} see.........no see
[06:48] {Threei} yeah, I know this passion magoo
[06:48] {Threei} can do it for hours
[06:48] {Threei} simple elegance
[06:49] {magoo} i gonna go do it right now in dino office
[06:49] {Threei} Attention: JNPR sdtop to .69
[06:50] {Threei} DNDN news?
[06:50] {craigaudio} if BRCM does hold here then its actaully a good long on a pullback as it will have made a double bottom
[06:50] {esemde} MPWR in a range
[06:50] {craigaudio} and has held this level many times
[06:51] {craigaudio} MPWR if breaks 17?
[06:52] {Threei} small shares
[06:52] {esemde} wondering if it's a bull trap
[06:52] {Threei} JNPR nears first partial out zone
[06:52] {craigaudio} jnpr inching up nicely
[06:52] {craigaudio} MPWR broke
[06:53] {esemde} there she goes good call craig
[06:53] {craigaudio} i didnt take it
[06:53] {craigaudio} :-(
[06:53] {craigaudio} nevermind
[06:53] {esemde} neither did I
[06:53] {craigaudio} was your call
[06:53] {Threei} Attention: JNPR 1:1, grab half off the table, stop to .74
[06:53] {esemde} something not ringing true for me
[06:54] {Threei} scalpers do your usual routine
[06:54] {magoo} out half .97
[06:54] {craigaudio} nice one. out half. very nice stressfree trade so far
[06:54] {magoo} oh shit....i a scalpewr
[06:54] {Threei} the rest, close your eyes and wait to see what happens once it breaks 24
[06:54] {Threei} stressfree is how I like'em, craig
[06:55] {magoo} 24 is THE WALL
[06:55] {craigaudio} yes. me too, thats why im here. The doctor stopped proscribing the Valium so have to stick to the relaxed moves
[06:56] {Threei} I prefer stress and agonizing over what to do today, BBQ or smoking
[06:56] {craigaudio} my days of RIMM and BIDU are over.
[06:56] {craigaudio} lets not even mention GOOG
[06:56] {Threei} {GOOG} and I just started thinking about commitnment... :(
[06:57] {magoo} thanx jnpr vad,,,very nice
[06:57] {Threei} welcome
[06:57] {Threei} very much my kind of trade
[06:57] {Threei} salmonish behaviour
[06:57] {craigaudio} sorry good but your just too foot loose and fancy free for me baby
[06:57] {craigaudio} good=GOOG
[06:57] {Threei} held very well while NQ pulled back, reinforcing long idea
[06:58] {Threei} then spiked with NQ bounce
[06:58] {dino} out de .79, +1.04
[06:58] {craigaudio} nice dino. earnings play i presume
[06:58] {Threei} and when all this happens so close to major resistance, it adds nice spicy taste to things
[06:58] {craigaudio} dino what indicators on charts do you use?
[06:59] {Threei} stop to .84
[06:59] {dino} ty, yes, plus i just bought one this a.m.
[06:59] {magoo} dart board
[06:59] {Threei} {dino} indicators?
[06:59] {Threei} {dino} charts?
[06:59] {dino} my son
[07:00] {craigaudio} BRCM fired
[07:00] {dino} out pde .10, +.20
[07:01] {dino} out rvbd .80, +.30
[07:01] {craigaudio} let me know if it was still valid as im in
[07:01] {Threei} craig, you realize it violated 'IF" in setup's scenario?
[07:01] {Threei} at the very least it means your stop would have to be .21 instead of .16
[07:01] {dino} \slowing down
[07:01] {craigaudio} shall i just get out?
[07:02] {Threei} and quite likely it made a trade questionable if not invalid
[07:02] {Threei} well, NQ tries to break down
[07:02] {dino} whats w/agil?
[07:02] {Threei} maybe give it a chance
[07:02] {Threei} there
[07:03] {Threei} trail stop to .11
[07:04] {craigaudio} thnks vad
[07:05] {magoo} covered brcm .89,
[07:06] {magoo} ty boss..although it was not eqactly your setup
[07:06] {Threei} I'll just go ahead and take credit anyway
[07:06] {Threei} {G}
[07:07] {craigaudio} im out too at 1:1
[07:07] {craigaudio} nice one
[07:07] {magoo} might as well...i blame u alot when its my fault
[07:07] {dino} mnst l .40
[07:07] {dino} risky
[07:07] {DaveG} lol mags
[07:08] {Threei} if it makes you feel better, by all means... but I don't understand why you need to blame anyone else when we have dave here
[07:08] {DaveG} lol
[07:08] {Threei} :)
[07:08] * magoo slaps DaveG around a bit with a large trout
[07:08] {Threei} see? and life's all rosy
[07:09] {DaveG} i'm glad i can be of service
[07:10] {Threei} everyone's a winner... slapper feels relief, slapee feels needed
[07:10] {DaveG} :)
[07:11] {Threei} TBSI...
[07:11] {Threei} smaaaal shares long
[07:11] {magoo} sheesh...dino just slapped me for playing with his computer on ...off...switvch
[07:12] {craigaudio} now vad?
[07:12] {Threei} yes
[07:12] {Threei} meanie that dino
[07:12] {dino} mnst stop is .60
[07:12] {Threei} stop under .80 TBSI
[07:13] {Threei} JNPR balance stop to .89
[07:13] {craigaudio} waiting to get filled TBSI
[07:13] {dino} out mnst .73, +.33
[07:14] {dino} dino is bacckkk
[07:14] {Threei} hehe
[07:14] {craigaudio} you tha man dino
[07:14] {Threei} welcome back
[07:14] {dino} why thank you
[07:14] {craigaudio} dont do anything stupid now though
[07:14] {craigaudio} i find it much easyier to put back. and usually do
[07:15] {dino} :)
[07:15] {Threei} dino sighs, throws away bottle of vodka and cancels escort service call
[07:15] {dino} lol
[07:15] {craigaudio} lol
[07:15] {Threei} TBSI 1:2
[07:15] {craigaudio} big spread on TBSI
[07:16] {Threei} that's why "smaaaal shares" remark
[07:16] {craigaudio} yes noted
[07:16] {craigaudio} thats why i only put 3000 on ;-)
[07:16] {dino} whoa
[07:16] {Threei} so, you caused that spike singlehandedly :)
[07:17] {craigaudio} lol
[07:17] {esemde} CVLT..
[07:17] {Threei} good luck finding a buyer now
[07:17] {craigaudio} with 3000 shares on a stock like that id have to have a valium drip and escort girls fanning me down while i neck vodka
[07:18] {dino} now thats a vacation
[07:19] {Threei} lol
[07:19] {craigaudio} for experienced traders only. not everyone can take that sort of external enjoyment and trade with a level head
[07:20] {Threei} that's a questionable assumption... see, you assume the head, level or not, is a necessary accessory for trading
[07:22] {craigaudio} damn. ive been done by the barber. he said i need a flat top cut for trading!!! the fiend
[07:23] {dino} thats what i have
[07:23] {dino} thought it was required
[07:24] * magoo slaps dino around a bit with a large trout
[07:25] {dino} iaac spike
[07:25] {magoo} hey vad, for scalpers out of jnpr, 24 a long trigger/
[07:26] {craigaudio} forming a triangle here in 5min. could go easily higher
[07:28] {dino} seeing circles here
[07:30] {Threei} 24.06 rather, magoo
[07:30] {Roman} GIGM trying for new high
[07:31] {magoo} ok, how about brcm as a renewed short?
[07:32] {Threei} being in red while NQ positive makes it a candidate
[07:32] {Threei} ideally, if stays under .95
[07:32] {Threei} it's just that it requires NQ reversal to downside to wrok
[07:32] {Threei} so if it happens, sure
[07:34] {craigaudio} worth adding on the JNPR if it breaks 24.06? is that a good option too
[07:34] {Roman} long ESLR
[07:34] {Roman} 1/2 size 9.08
[07:35] {Threei} not sujre craig... tough call
[07:35] {craigaudio} might be stopped here anyway now
[07:38] {craigaudio} DRYS falling
[07:39] {craigaudio} looking at BIF as a swing. put in hammer on daily with volume coming in
[07:43] {Roman} CYDS again
[07:47] {craigaudio} pretty much range bound day so far
[07:50] {craigaudio} missed infy
[07:50] {dino} de hl l .50
[07:50] {craigaudio} whats "hl" stand for dino?
[07:52] {Threei} half lot
[07:52] {craigaudio} ok thanks
[07:52] {craigaudio} YM dropping
[07:53] {craigaudio} do you trade QQQQ or the futures at all Vad?
[07:53] {Threei} not really
[07:54] {craigaudio} k
[07:55] {craigaudio} good sign with JNPR holding
[07:57] {craigaudio} gave it the kiss of death. stopped out second half
[07:58] {craigaudio} what about shorting EBAY if it bounces back to 33.14?
[07:59] {Threei} I'd oprefer it to stay under .10
[08:00] {Threei} shorted BRCM, magoo?
[08:00] {craigaudio} ok
[08:02] {craigaudio} LINA short?
[08:03] {craigaudio} sorrt LINTA
[08:03] {Threei} nah
[08:11] {Raven} Good cold, damp, clammy, rainy morning ... 50.5F ... that sucks !
[08:11] {dino} out de .74, getting strange
[08:12] {DaveG} there he is, Morning Raven sir
[08:12] {Threei} sorry R
[08:12] {dino} +.24, de
[08:12] {Raven} hiya guys
[08:12] {Threei} but feel free to discipline dave to feel better
[08:12] {DaveG} hey
[08:12] {DaveG} i've been good
[08:12] {Raven} so far he is respectful ....
[08:12] {DaveG} see :)
[08:12] {Raven} but be careful
[08:12] {Threei} so what dave, there is such thing as preemptive punishment
[08:13] {DaveG} sigh
[08:13] {Threei} BRCM obeys NQ
[08:15] {lklarson} hi all
[08:15] {Threei} lkl :)
[08:16] {craigaudio} hi larson
[08:17] {craigaudio} Vad do you use anything else bar bollinger bands/volume as indicators
[08:17] {dino} gm lkl
[08:17] {Threei} nope
[08:17] {Threei} even BBs are on the verge of relevance for me
[08:20] {craigaudio} k
[08:20] {dino} lend jumpy
[08:22] {craigaudio} TRINS rising. not good for longs
[08:22] {craigaudio} do you watch market internals like TRINS and the TICKs Vad?
[08:23] {dino} cvlt s .59, stop .77
[08:23] {Threei} nope
[08:23] {Roman} JASO losing it
[08:23] {craigaudio} k
[08:26] {magoo} back, had to rob bank...missed brcm i see
[08:27] {dino} cvlt tighten bstop to .69, not feeling it
[08:31] {dino} cov cvlt .39, +.20
[08:31] {Roman} WINN wild one
[08:31] {Roman} but looks it wants higher
[08:31] {Roman} bidding 27.50
[08:32] {Roman} 1/2
[08:33] {dino} taking couple hour break, 2x's new goal
[08:33] {dino} thx all
[08:34] {Threei} gj dino
[08:34] {lklarson} tk dino
[08:35] {dino} :)
[08:35] {magoo} dino 6 for 6
[08:35] {dino} lucky
[08:41] {craigaudio} BMRN long Vad?
[08:42] {craigaudio} filling gap and close to break 18
[08:42] {Threei} if stays above .60, sure
[08:43] {craigaudio} .74 entry?
[08:43] {Threei} .72 if you go off intraday chart, .75 if off daily...
[08:43] {Threei} .75 I guess would be more accurate
[08:44] {craigaudio} no something that interests you?
[08:44] {craigaudio} not*
[08:44] {craigaudio} just wondering if there is anything that would put you off it
[08:45] {Threei} well, it's a nice chart overall,
[08:45] {Threei} the only thing that cools me off a little is,
[08:45] {Threei} it consolidates for a bit too long, and day is getting mature
[08:45] {Threei} I tend to trust breakouts less when we go into lunch time
[08:46] {craigaudio} ok. what do you switch to later into lunch time? breakdowns?
[08:46] {Roman} no go for WINN
[08:47] {Threei} too broad question
[08:47] {Threei} breakdowns cabn be just as treacherous, it all depends on particular environment
[08:47] {Threei} lunch time usually provides more of range opportunities
[08:47] {craigaudio} just wondering what your focus is then as the day progresses
[08:47] {Threei} bounces or retreats
[08:48] {Roman} shorting JASO small, under 24.55
[08:48] {Threei} less trend continuations
[08:48] {Threei} thus more of scalping approach
[08:48] {craigaudio} ok. whats a retreat? never heard that phrase used
[08:48] {Threei} bounce with your monitor turned upside down
[08:48] {DaveG} it's when your church group goes into the woods
[08:48] {Threei} or you standing on your head
[08:49] {Threei} but not both as it will turn retreat into bounce again
[08:49] {craigaudio} lol
[08:49] {Threei} :)
[08:50] {Roman} in JASO short
[08:50] {lklarson} wont let me short JASO
[08:50] {lklarson} same old story
[08:51] {craigaudio} yes im using the order bar more now to ween myself off the matrix and perhaps get a new broker
[08:52] {Threei} you guys like torturing yourself, don't you? :)
[08:52] {lklarson} not a bad idea
[08:52] {craigaudio} keep TS for charts and just pay the subscription or make a few trades a month to make sure its free
[08:52] {craigaudio} and you like teasing us about it ;-)
[08:52] {Roman} tradestation has very low short availability
[08:52] {lklarson} that all its good:)
[08:53] {craigaudio} hey its not that easy to just unplug yourself from the matrix. its such a warm fluffy place
[08:53] {lklarson} Roman, do you miss alot of short trades to
[08:53] {Roman} no, i have CyberTrader and InteractiveBrokers as well
[08:53] {lklarson} ok, thx
[08:54] {craigaudio} DISH B/O
[08:54] {Roman} but it looks like Laser has best short availability of any one
[08:54] {Threei} everyone is so complicated... I feel inferior with my single broker, no indicators, no fancy ways of sending order... {G}
[08:55] {lklarson} will definately make plans to change, just missing to many trades
[08:55] {craigaudio} yes all this technology is taking out on my poor hamster powering the generator wheel
[08:55] {Threei} that could be a bad idea lkl
[08:56] {craigaudio} the shorting thing doesnt bother me so much
[08:56] {Threei} with superior fills and shiort availability you will lose a reason to complain
[08:56] {lklarson} true:)
[08:56] {Threei} (feel free to slap me)
[08:56] {craigaudio} ive just had half a dozen bad fills and other glitches
[08:56] {lklarson} I'll find something else to complain about, lol
[08:57] {Threei} yeah, Dave is always here
[08:57] {DaveG} lol
[08:58] * magoo slaps Threei around a bit with a large trout
[08:58] * magoo slaps Threei around a bit with a large trout
[08:58] {Threei} hmmm
[08:58] {Threei} again... why would one feel a need to slap me when dave is around...
[08:59] {lklarson} good thing since I do not even know how to slap people around
[08:59] {Roman} AAPL Apple: iPhone delayed until October, Leopard delayed again until January - Engadget (106.80 )
[09:00] {magoo} 11:56] {Threei} (feel free to slap me)
[09:00] {craigaudio} aapl overeaction?
[09:00] {Threei} wasn't directed to you, but OK, I can see how you could take it as an invitation
[09:01] {Threei} don't do it craig
[09:01] {craigaudio} no not after yesterday
[09:01] {DaveG} aapl is evil
[09:01] {Threei} your fingers barely healed from last knife catching session
[09:01] {craigaudio} yes yesterday was a bummer
[09:02] {craigaudio} plus when i shorted appl and the n it bounced!
[09:02] {craigaudio} aapl was much nicer under 90. less volatile
[09:03] {Threei} {Adam} AAPL is evil
[09:06] {craigaudio} praise the lord
[09:07] {magoo} vad, loss of .50 new brcm short trigger or not so good?
[09:09] {Threei} if not going over .60
[09:09] {craigaudio} i might go in that too magoo
[09:09] {Threei} better keep stops tight at this time
[09:11] {craigaudio} NQ lower high on bounce
[09:11] {craigaudio} you know i dont think BRCM will break that .50 area magoo
[09:11] {Roman} AMAT breaking support
[09:12] {craigaudio} just a feeling
[09:15] {craigaudio} aapl overeaction. probably leaked by someone to push the price down in order to reload
[09:15] {Roman} AAPL Apple: Engadget issues false alarm on Apple story (106.60 ) -Update-
[09:16] {craigaudio} lol
[09:16] {DaveG} lol
[09:16] {craigaudio} crooks
[09:17] {Threei} scalped
[09:17] {Threei} ty Roman
[09:17] {craigaudio} you took bounce Vad?
[09:17] {Threei} on news post
[09:17] {Roman} Engadget now writes "While our source that provided us the information is solid, we just heard back from Apple PR -- they let us know that the iPhone and Leopard are both still on track, and should meet their expected launch timeframes. We'll keep you up to the second with any further developments." (See 11:58 comment)
[09:18] {craigaudio} im long from .75
[09:18] {craigaudio} stop under pivot on 1min
[09:18] {craigaudio} small shares
[09:19] {DaveG} wtg
[09:19] {craigaudio} out +.75
[09:20] {Threei} 1:3
[09:20] {Threei} nice
[09:20] {craigaudio} well the crooks helped me out so ill let them off this once
[09:20] {Threei} that's the way to play the game
[09:20] {Threei} use them
[09:20] {Threei} all they do is prvide opportinity
[09:21] {craigaudio} yes
[09:22] {DaveG} as the story hits cnbc
[09:24] {Threei} BMRN, time to look for exit
[09:24] {craigaudio} BMRN. whos playing that?
[09:25] {Threei} I thought you did? :)
[09:25] {craigaudio} no i went off the idea and aapl came along
[09:25] {craigaudio} oh it worked too! did you take it?
[09:25] {Threei} ok... it worked foer slightly over 1:1
[09:25] {Roman} TSYS strong today
[09:25] {Roman} WINN trying for high
[09:25] {magoo} hey vad, this afternoon..throw up 3 shorts altogether again and hit 3 for 3 ..ok}}????
[09:26] {Threei} sigh... pressure...
[09:26] {Threei} I am doing best in my sleep magoo... not when I am looking for a trade intently :)
[09:27] {Roman} cover 1/2 JASO +.32
[09:27] {magoo} stick with what worx,,,i just thought that was aesome yesterday, u put them all out in a row...like a madmann
[09:27] {dptl} cvtx?
[09:28] {dino} nice rfr
[09:28] {Threei} 10.30 long if stays above .20, dp
[09:29] {Threei} this happens when they jump out on me magoo... when I go looking for them, they hide
[09:29] {dptl} ty
[09:29] {magoo} stay the course boss...just want u knowing that i am with ya...not working for nada
[09:37] {craigaudio} HOLX formed double bottom. best in 5min chart
[09:38] {craigaudio} although daily sic
[09:40] {craigaudio} short BRCM. .49, stop at .65 halflot
[09:42] {craigaudio} what do you think Vad?
[09:42] {Threei} valid play
[09:43] {craigaudio} would be nice to get NQ drop. look at the 60min. could fill gap from 30 march
[09:43] {craigaudio} but not getting carried away
[09:47] {craigaudio} not working. stop to .60
[09:48] {craigaudio} looks like could be bounce. volume coming in
[09:52] {Threei} short .58
[09:52] {Threei} aggressive
[09:52] {craigaudio} BRCM?
[09:52] {Threei} stop is funny, .61
[09:53] {Threei} yeah
[09:53] {craigaudio} my stop is .62
[09:53] {craigaudio} NQ dropping
[09:54] {Threei} ?
[09:54] {DaveG} ??
[09:54] {Threei} where?
[09:54] {magoo} vad, u watching jnpr?still in half?
[09:55] {Threei} no, stop was trailed to .89 way ago
[09:55] {magoo} iok
[09:56] {craigaudio} get down BRCM!!!
[09:57] * Threei slaps LaserDave around a bit with a large trout
[09:57] * magoo slaps DaveG around a bit with a large trout
[09:57] {Threei} wake up and smell dcc
[09:58] * Threei hits BRCM over the head with 2x4
[09:58] {craigaudio} added when you entered Vad kept same stop. if fails only slightly smaller loss but potential for more gain
[09:59] {Threei} NQ is upticking stubbornly
[09:59] {craigaudio} you think a good approach. i sometimes add to a position when it comes close to my stop
[09:59] {Threei} we are trying to swim against the current so far
[09:59] {craigaudio} damn
[09:59] {Threei} stopped
[09:59] {Threei} no, I don't
[09:59] {Threei} we talked about it yesterday
[10:00] {Threei} adding to position that moves against you doesn't make sense to me
[10:00] {DaveG} nq ramping
[10:00] {dino} glw l .80
[10:00] {craigaudio} ok yes
[10:00] {magoo} jnpr close to triggering
[10:01] {craigaudio} well my aapl negated
[10:01] {dptl} tnx Craig....outHOLX...+.48
[10:02] {DaveG} wtg dp
[10:02] {Threei} wow
[10:02] {craigaudio} good work dp
[10:02] {Threei} nice
[10:02] {dino} gj dp
[10:02] {dptl} TY
[10:02] {craigaudio} and what the hell was i doing with BRCM! double drat
[10:03] {craigaudio} triple drat.
[10:03] {patience} very nice dptl
[10:03] {Roman} HSOA Home Solutions subsidiaries Awarded $19 Million in New Contracts (5.79 +0.09)
[10:03] {Roman} Co announces it has been awarded approx $19 mln in new contracts. $11 mln of the work under the contracts is scheduled to be completed in 2007, and was not included in the co's previously announced backlog.
[10:04] {craigaudio} yes the double bottom was a nice pattern. plus the stop wasnt too far away
[10:05] {craigaudio} ENER
[10:07] {Roman} GIGM new high
[10:07] {craigaudio} potential bounce ENER?
[10:07] {Threei} didn't you swear off overly volatile stocks?
[10:08] {craigaudio} thats not that volatile is it?
[10:08] {Threei} ENER can be horrible when it gets hot
[10:08] {Threei} look at the sizzes
[10:08] {craigaudio} being an energy stock and all
[10:09] {DaveG} what size
[10:09] {DaveG} 1
[10:09] {DaveG} lol
[10:09] {craigaudio} hesitated and missed my fill at .59 so skipping now
[10:09] {craigaudio} was gonna give it 10cent stop
[10:10] {Threei} didn't you also swear off going long on downtrending stocks?
[10:10] {craigaudio} not really
[10:10] {Threei} just trying to understand how your trading plan shapes up
[10:11] {craigaudio} after yesterday...i decided not to take bounces on stocks that have bad news and also the NQ is trending down also
[10:12] {craigaudio} not missing all bounces in a market thats currently not downtrend
[10:12] {craigaudio} trading plan needs updating. sorting out as we speak
[10:17] {craigaudio} i cant watch ENER 32.82
[10:19] {dptl} cvtx......................missed
[10:24] {dino} seems i cov. too quicky
[10:24] {dino} cvtl i mean
[10:31] {dptl} dell?
[10:35] {Roman} TASR TASER stun guns get broader trial in UK, Home Office says - Bloomberg (9.15 +0.16) -Update-
[10:39] {craigaudio} ENER through 33
[10:40] {Roman} AMZN
[10:42] {Roman} ..
[10:46] {Roman} long GIGM
[10:46] {Roman} 1/2 size 15.85
[10:48] {magoo} someone slap vad..wake him up please lol
[10:49] {Threei} don't
[10:49] * DaveG slaps magoo around a bit with a large trout
[10:54] {dino} wpte
[10:57] {craigaudio} SEPR
[11:02] {Roman} ESLR high
[11:05] {dino} tecua s .06
[11:06] {craigaudio} tecua must be news
[11:07] {craigaudio} Tecumseh Prods reports Q1 (10.73 *0.03) : Reports Q1 (Mar) loss of $0.91 per share, incl items, may not be comparable to the Reuters Estimates consensus of ($1.49); revenues rose 3.2% year/year to $460.5 mln vs the $453.20 mln consensus.
[11:11] {magoo} vad...jumpin JNPR
[11:11] {Threei} dunno... not sure
[11:12] {Threei} NQ makes new high, JNPR hasn't reached its old one
[11:34] {craigaudio} any opportunties out there guys?
[11:34] {Threei} nothing that I could read with any degree of realiability
[11:34] {dino} nah
[11:35] {craigaudio} k thanks. it good that you have the patience and disapline to sit and wait
[11:36] {dino} two on, but hard stops in, not really moving
[11:36] {DaveG} onxx
[11:36] {dino} ufpi
[11:38] {Threei} what's the alternative craig? trading for the sake of trading?
[11:38] {craigaudio} exactly. there is no alternative
[11:41] {Chaeron} .
[11:41] {magoo} ..
[11:42] {Threei} ...
[11:43] {patience} patience is waiting for a stock to rebound after 2 days of watching profit taking and being down 13K on it.....arghhh....i hate being patient sometimes
[11:43] {DaveG} there she is
[11:43] {patience} head banging day dave
[11:43] {DaveG} yeah, been there
[11:43] {DaveG} what stock
[11:44] {patience} canadian stock on toronto exchange
[11:45] {dino} gl w/it patience
[11:45] {patience} ty, i'm aveaging nicely for the year but is sucks when a downdraft happens
[11:46] {dino} fully understand, was running well until may, then a bit off
[11:47] {dino} amat break of .00, trig short imo
[12:00] {craigaudio} thinking most of the money making plays have gone for the day
[12:01] {craigaudio} amgn short vad?
[12:02] {Threei} .14 if stays under .25
[12:03] {dino} glw stopped -.11
[12:11] {craigaudio} long erts .67 klinger bounce
[12:30] {Threei} aftrenoon is one big yawn
[12:30] {magoo} no kidding..want those hours of my life back
[12:31] {craigaudio} im off now guys
[12:31] {Threei} BMRN is still moving... wow
[12:31] {craigaudio} see you all tomorrow
[12:31] {Threei} take care craig
[12:32] {craigaudio} u too vad
[12:37] {Chaeron} 13500 party hats on?
[12:37] {Threei} just 33 points left
[12:39] {Threei} OK guys, leaving now
[12:39] {DaveG} take care vad
[12:39] {Threei} hopefully will survive another day
[12:39] {Threei} take care, see you tomorrow
[12:40] {magoo} ty vad, hjopefully tomorrow better
[12:40] {Threei} y wasn't bad... just boring swecond half
[12:41] {magoo} only made $300
[12:41] {magoo} and sat for what...? 5 hrs he he
[12:43] {Chaeron} hey... $300 everyday for a month is $6000
[12:44] {magoo} how u know tghat? he he
[12:47] {Chaeron} 22 trading days in a month :)
[12:47] {Chaeron} (give or take)
[12:53] {dino} you are so right chaeron
[12:53] {Chaeron} dino - you and magoo spend that much money on ice for your beer cooler alone in a month.......
[12:53] {Chaeron} you guys are so huge :)
[12:54] {Chaeron} and I mean wealth-wise, not waist-wise
[12:54] {magoo} hell...we drink it warm
[12:54] {dino} oh c'mon. we have a separate beer refridg
[12:54] {Chaeron} lol
[12:56] {DaveG} have a great evening gang
[12:56] {dino} you 2
[12:57] {magoo} u too
[12:59] {dino} cov tecua flat
[13:00] {dptl} good night guys see ya tommorrow
[13:01] {dino} take care all, gotta hop, son's little league game
Session Time: Wed May 16 00:00:00 2007
[05:44] {gabby} good morning RT's. Ou est vous
[05:44] {DaveG} morning
[05:47] {magoo} morning
[05:49] {DaveG} out 3/4 DE +2
[05:51] {esemde} morning guys and dolls
[05:51] {magoo} ES: )
[05:52] {esemde} howdy mag's
[05:52] {Threei} Good morning good people
[05:52] {Threei} ummm... that was discrimination
[05:52] {Threei} good morning people
[05:53] {esemde} the world sure is quiet at this time of the morning
[05:53] {magoo} gninrom dav
[05:53] {esemde} morning Vad
[05:53] {Threei} esemde, oogam :)
[05:53] {gabby} morning vad
[05:53] {Threei} gabby :)
[05:53] {esemde} them little checkups going OK? My wife is a nurse if you need to ask any questions
[05:54] {Threei} thank you, will keep in mind :)
[05:54] {DaveG} morning vad
[05:54] {Threei} Dave :)
[05:54] {Threei} it's a small treatment actually... so far so good
[05:56] {esemde} this is a good thing....
[05:56] {Threei} off the record, keep an eye on FORG
[05:56] {Threei} thing seems to pull back close to support and volume practically disappeared
[05:57] {Threei} in the past it spiked at some point in this kind of situations
[05:59] {cosmo} NUVO?
[05:59] {cosmo} rumor?
[05:59] {Threei} upgrade
[05:59] {esemde} FORG Forgent Networks Inc. continued increasing its profit during the second quarter of 2007.
[05:59] {esemde} The company recorded net income of $1.3 million, or 5 cents a share, in the quarter, compared with a loss of $480,000, or 2 cents a share, in the same period a year ago.
[05:59] {cosmo} buy out?
[05:59] {esemde} Revenue for the second quarter of 2007 totaled $1 million, compared with $4.4 million in the same quarter of 2006. Revenue from Forgent's intellectual property licensing went down from $3.8 million in the second quarter of 2006 to $28,000 in this second quarter of 2007. However, revenue from its software and services increased from $546,000 in the second quarter to $1 million in the second quarter of 2007.
[06:00] {magoo} XING news??
[06:00] {Threei} we get confused with facts easily, esemde :)
[06:01] {esemde} opps!!! appologies..
[06:01] {Threei} hehe
[06:01] {esemde} I'll restrain that kind of enthusiasm ......
[06:01] {Threei} don't see anything on XING
[06:02] {Threei} NUVO, BofA upgraded it to neutral qith target 3.50 cosmo... fluff, IMO
[06:02] {cosmo} hmm, fluff ... warm and fuzzy
[06:03] {cosmo} k
[06:03] {magoo} pretty good gap xing vad...i have trouble with reading it....it was billy's baby
[06:03] {esemde} Sales* 49.91 Mil
[06:03] {esemde} Income* 6.47 Mil
[06:03] {esemde} Sales Growth* +42.40%
[06:03] {esemde} Income Growth* +79.30%
[06:03] {esemde} Net Profit Margin +14.62%
[06:03] {esemde} Debt/Equity Ratio 0.40
[06:04] {Roman} STRN Sutron Receives $2,222,628 Order for Automatic Hydro-Met Stations in Iraq
[06:04] {esemde} opps that was for XING
[06:04] {craigaudio} gm guys
[06:04] {Threei} craig :)
[06:04] {esemde} I'm a fact guy sometimes...what can I say
[06:05] {Threei} XING was more or less p a play while on uptrend, magoo
[06:05] {Threei} ever since that gap down it was largely off the map
[06:06] {_ted123} Hi
[06:06] {Threei} ted :)
[06:07] {Threei} it's a good thing esemde... we need reality check sometimes, or we all will buy all FONR there is and dream of untold riches waiting for us in the sky sprinkled with diamonds
[06:09] {dptl} good morning all
[06:09] {Threei} dp :)
[06:09] {cosmo} diamonds are falling?
[06:10] {dptl} Vad,can you dcc me,pls
[06:10] {Threei} dunno, I am busy gathering something in my bag
[06:11] {Threei} did
[06:11] {Threei} dp
[06:15] {DaveG} Raven Industries reports earnings tommorow :)
[06:16] {Threei} while DAVE sold off full dollar yesterday
[06:16] {DaveG} lol
[06:16] {DaveG} where is that little birdie anyways
[06:18] {cosmo} he's trying to find the bees, Dave
[06:18] {DaveG} aahhh
[06:18] {Threei} careful Dave
[06:18] {DaveG} lol
[06:18] {cosmo} now HE's missing
[06:19] {Threei} you know, pick up on a martial arts master, be ready to visit a dentist {G}
[06:19] {DaveG} :)
[06:25] {esemde} MPWR ...up 2.60 17k shs maybe a good short after the open
[06:25] {dino} gm all
[06:25] {Threei} dino :)
[06:26] {DaveG} man, the Ducks got clobbered, sheesh
[06:32] {Threei} MPWR may be worth a shot on a short side if .45 broken
[06:32] {Threei} or if that huge bid is pulled
[06:33] {Threei} small shares in a ny case, stock can be jumpy
[06:34] {magoo} like that?
[06:34] {Threei} eqaktly like that
[06:34] {Threei} CPWR
[06:34] {Threei} news?
[06:35] {Roman} Compuware beats by $0.04 (9.94 -0.08) : Reports Q4 (Mar) earnings of $0.21 per share, $0.04 better than the Reuters Estimates consensus of $0.17; revenues rose 1.1% year/year to $313 mln vs the $313 mln consensus.
[06:35] {Threei} ty
[06:35] {Roman} 15-May-07 16:21 ET
[06:36] {Roman} DRYS
[06:37] {Threei} watching JNPR
[06:37] {Threei} .80 long
[06:38] {Threei} .64 stop
[06:39] {Threei} stock is fairly close to total breakout level 24
[06:39] {Threei} if it moves, aim for half out close to that level
[06:39] {magoo} in
[06:39] {Threei} and try to give second half a chance for that break
[06:39] {dino} rvbd l .50
[06:39] {esemde} XING bounce
[06:40] {Threei} or take a scalp if that's your MO
[06:41] {magoo} CPWR vali
[06:41] {magoo} sorry
[06:41] {magoo} wriong onbe
[06:41] {magoo} how u like that typing?
[06:41] {Threei} love it
[06:42] {magoo} goog up
[06:42] {craigaudio} when did you get in CPWR magoo?
[06:42] {dino} l pde .90
[06:42] {craigaudio} gave a nice pullback before the run. i was rebooting at the time
[06:42] {esemde} cpwr ...rats missed it..
[06:42] {magoo} i didn't, thought it was mpwr
[06:43] {magoo} only in jnpr
[06:43] {craigaudio} anyone get it?
[06:43] {_davegroom} my charts are messed up what is CPWR trading at
[06:43] {Threei} 11.83
[06:43] {esemde} good on ya...if you got in
[06:43] {_davegroom} thanks
[06:45] {Threei} Short Setup: BRCM 31.99 if stays under 32.15
[06:46] {craigaudio} yes vad like it. room to move down on the daily too
[06:46] {magoo} craig confuse magoo lol
[06:47] {Threei} we are easily confused bunch
[06:47] {Threei} me, I like traffic lights
[06:47] {craigaudio} if it breaks 32 then the daily support levels have been breached
[06:47] {craigaudio} and might move lower
[06:47] {Threei} just two signals to decode
[06:47] {Threei} and color takes away necessity to read
[06:47] {magoo} my personal favorite is light switch vad
[06:47] {craigaudio} yes pelican crossings can be dangerous. people dont always stop
[06:48] {dino} l de .75, hl
[06:48] {magoo} on........off
[06:48] {magoo} see.........no see
[06:48] {Threei} yeah, I know this passion magoo
[06:48] {Threei} can do it for hours
[06:48] {Threei} simple elegance
[06:49] {magoo} i gonna go do it right now in dino office
[06:49] {Threei} Attention: JNPR sdtop to .69
[06:50] {Threei} DNDN news?
[06:50] {craigaudio} if BRCM does hold here then its actaully a good long on a pullback as it will have made a double bottom
[06:50] {esemde} MPWR in a range
[06:50] {craigaudio} and has held this level many times
[06:51] {craigaudio} MPWR if breaks 17?
[06:52] {Threei} small shares
[06:52] {esemde} wondering if it's a bull trap
[06:52] {Threei} JNPR nears first partial out zone
[06:52] {craigaudio} jnpr inching up nicely
[06:52] {craigaudio} MPWR broke
[06:53] {esemde} there she goes good call craig
[06:53] {craigaudio} i didnt take it
[06:53] {craigaudio} :-(
[06:53] {craigaudio} nevermind
[06:53] {esemde} neither did I
[06:53] {craigaudio} was your call
[06:53] {Threei} Attention: JNPR 1:1, grab half off the table, stop to .74
[06:53] {esemde} something not ringing true for me
[06:54] {Threei} scalpers do your usual routine
[06:54] {magoo} out half .97
[06:54] {craigaudio} nice one. out half. very nice stressfree trade so far
[06:54] {magoo} oh shit....i a scalpewr
[06:54] {Threei} the rest, close your eyes and wait to see what happens once it breaks 24
[06:54] {Threei} stressfree is how I like'em, craig
[06:55] {magoo} 24 is THE WALL
[06:55] {craigaudio} yes. me too, thats why im here. The doctor stopped proscribing the Valium so have to stick to the relaxed moves
[06:56] {Threei} I prefer stress and agonizing over what to do today, BBQ or smoking
[06:56] {craigaudio} my days of RIMM and BIDU are over.
[06:56] {craigaudio} lets not even mention GOOG
[06:56] {Threei} {GOOG} and I just started thinking about commitnment... :(
[06:57] {magoo} thanx jnpr vad,,,very nice
[06:57] {Threei} welcome
[06:57] {Threei} very much my kind of trade
[06:57] {Threei} salmonish behaviour
[06:57] {craigaudio} sorry good but your just too foot loose and fancy free for me baby
[06:57] {craigaudio} good=GOOG
[06:57] {Threei} held very well while NQ pulled back, reinforcing long idea
[06:58] {Threei} then spiked with NQ bounce
[06:58] {dino} out de .79, +1.04
[06:58] {craigaudio} nice dino. earnings play i presume
[06:58] {Threei} and when all this happens so close to major resistance, it adds nice spicy taste to things
[06:58] {craigaudio} dino what indicators on charts do you use?
[06:59] {Threei} stop to .84
[06:59] {dino} ty, yes, plus i just bought one this a.m.
[06:59] {magoo} dart board
[06:59] {Threei} {dino} indicators?
[06:59] {Threei} {dino} charts?
[06:59] {dino} my son
[07:00] {craigaudio} BRCM fired
[07:00] {dino} out pde .10, +.20
[07:01] {dino} out rvbd .80, +.30
[07:01] {craigaudio} let me know if it was still valid as im in
[07:01] {Threei} craig, you realize it violated 'IF" in setup's scenario?
[07:01] {Threei} at the very least it means your stop would have to be .21 instead of .16
[07:01] {dino} \slowing down
[07:01] {craigaudio} shall i just get out?
[07:02] {Threei} and quite likely it made a trade questionable if not invalid
[07:02] {Threei} well, NQ tries to break down
[07:02] {dino} whats w/agil?
[07:02] {Threei} maybe give it a chance
[07:02] {Threei} there
[07:03] {Threei} trail stop to .11
[07:04] {craigaudio} thnks vad
[07:05] {magoo} covered brcm .89,
[07:06] {magoo} ty boss..although it was not eqactly your setup
[07:06] {Threei} I'll just go ahead and take credit anyway
[07:06] {Threei} {G}
[07:07] {craigaudio} im out too at 1:1
[07:07] {craigaudio} nice one
[07:07] {magoo} might as well...i blame u alot when its my fault
[07:07] {dino} mnst l .40
[07:07] {dino} risky
[07:07] {DaveG} lol mags
[07:08] {Threei} if it makes you feel better, by all means... but I don't understand why you need to blame anyone else when we have dave here
[07:08] {DaveG} lol
[07:08] {Threei} :)
[07:08] * magoo slaps DaveG around a bit with a large trout
[07:08] {Threei} see? and life's all rosy
[07:09] {DaveG} i'm glad i can be of service
[07:10] {Threei} everyone's a winner... slapper feels relief, slapee feels needed
[07:10] {DaveG} :)
[07:11] {Threei} TBSI...
[07:11] {Threei} smaaaal shares long
[07:11] {magoo} sheesh...dino just slapped me for playing with his computer on ...off...switvch
[07:12] {craigaudio} now vad?
[07:12] {Threei} yes
[07:12] {Threei} meanie that dino
[07:12] {dino} mnst stop is .60
[07:12] {Threei} stop under .80 TBSI
[07:13] {Threei} JNPR balance stop to .89
[07:13] {craigaudio} waiting to get filled TBSI
[07:13] {dino} out mnst .73, +.33
[07:14] {dino} dino is bacckkk
[07:14] {Threei} hehe
[07:14] {craigaudio} you tha man dino
[07:14] {Threei} welcome back
[07:14] {dino} why thank you
[07:14] {craigaudio} dont do anything stupid now though
[07:14] {craigaudio} i find it much easyier to put back. and usually do
[07:15] {dino} :)
[07:15] {Threei} dino sighs, throws away bottle of vodka and cancels escort service call
[07:15] {dino} lol
[07:15] {craigaudio} lol
[07:15] {Threei} TBSI 1:2
[07:15] {craigaudio} big spread on TBSI
[07:16] {Threei} that's why "smaaaal shares" remark
[07:16] {craigaudio} yes noted
[07:16] {craigaudio} thats why i only put 3000 on ;-)
[07:16] {dino} whoa
[07:16] {Threei} so, you caused that spike singlehandedly :)
[07:17] {craigaudio} lol
[07:17] {esemde} CVLT..
[07:17] {Threei} good luck finding a buyer now
[07:17] {craigaudio} with 3000 shares on a stock like that id have to have a valium drip and escort girls fanning me down while i neck vodka
[07:18] {dino} now thats a vacation
[07:19] {Threei} lol
[07:19] {craigaudio} for experienced traders only. not everyone can take that sort of external enjoyment and trade with a level head
[07:20] {Threei} that's a questionable assumption... see, you assume the head, level or not, is a necessary accessory for trading
[07:22] {craigaudio} damn. ive been done by the barber. he said i need a flat top cut for trading!!! the fiend
[07:23] {dino} thats what i have
[07:23] {dino} thought it was required
[07:24] * magoo slaps dino around a bit with a large trout
[07:25] {dino} iaac spike
[07:25] {magoo} hey vad, for scalpers out of jnpr, 24 a long trigger/
[07:26] {craigaudio} forming a triangle here in 5min. could go easily higher
[07:28] {dino} seeing circles here
[07:30] {Threei} 24.06 rather, magoo
[07:30] {Roman} GIGM trying for new high
[07:31] {magoo} ok, how about brcm as a renewed short?
[07:32] {Threei} being in red while NQ positive makes it a candidate
[07:32] {Threei} ideally, if stays under .95
[07:32] {Threei} it's just that it requires NQ reversal to downside to wrok
[07:32] {Threei} so if it happens, sure
[07:34] {craigaudio} worth adding on the JNPR if it breaks 24.06? is that a good option too
[07:34] {Roman} long ESLR
[07:34] {Roman} 1/2 size 9.08
[07:35] {Threei} not sujre craig... tough call
[07:35] {craigaudio} might be stopped here anyway now
[07:38] {craigaudio} DRYS falling
[07:39] {craigaudio} looking at BIF as a swing. put in hammer on daily with volume coming in
[07:43] {Roman} CYDS again
[07:47] {craigaudio} pretty much range bound day so far
[07:50] {craigaudio} missed infy
[07:50] {dino} de hl l .50
[07:50] {craigaudio} whats "hl" stand for dino?
[07:52] {Threei} half lot
[07:52] {craigaudio} ok thanks
[07:52] {craigaudio} YM dropping
[07:53] {craigaudio} do you trade QQQQ or the futures at all Vad?
[07:53] {Threei} not really
[07:54] {craigaudio} k
[07:55] {craigaudio} good sign with JNPR holding
[07:57] {craigaudio} gave it the kiss of death. stopped out second half
[07:58] {craigaudio} what about shorting EBAY if it bounces back to 33.14?
[07:59] {Threei} I'd oprefer it to stay under .10
[08:00] {Threei} shorted BRCM, magoo?
[08:00] {craigaudio} ok
[08:02] {craigaudio} LINA short?
[08:03] {craigaudio} sorrt LINTA
[08:03] {Threei} nah
[08:11] {Raven} Good cold, damp, clammy, rainy morning ... 50.5F ... that sucks !
[08:11] {dino} out de .74, getting strange
[08:12] {DaveG} there he is, Morning Raven sir
[08:12] {Threei} sorry R
[08:12] {dino} +.24, de
[08:12] {Raven} hiya guys
[08:12] {Threei} but feel free to discipline dave to feel better
[08:12] {DaveG} hey
[08:12] {DaveG} i've been good
[08:12] {Raven} so far he is respectful ....
[08:12] {DaveG} see :)
[08:12] {Raven} but be careful
[08:12] {Threei} so what dave, there is such thing as preemptive punishment
[08:13] {DaveG} sigh
[08:13] {Threei} BRCM obeys NQ
[08:15] {lklarson} hi all
[08:15] {Threei} lkl :)
[08:16] {craigaudio} hi larson
[08:17] {craigaudio} Vad do you use anything else bar bollinger bands/volume as indicators
[08:17] {dino} gm lkl
[08:17] {Threei} nope
[08:17] {Threei} even BBs are on the verge of relevance for me
[08:20] {craigaudio} k
[08:20] {dino} lend jumpy
[08:22] {craigaudio} TRINS rising. not good for longs
[08:22] {craigaudio} do you watch market internals like TRINS and the TICKs Vad?
[08:23] {dino} cvlt s .59, stop .77
[08:23] {Threei} nope
[08:23] {Roman} JASO losing it
[08:23] {craigaudio} k
[08:26] {magoo} back, had to rob bank...missed brcm i see
[08:27] {dino} cvlt tighten bstop to .69, not feeling it
[08:31] {dino} cov cvlt .39, +.20
[08:31] {Roman} WINN wild one
[08:31] {Roman} but looks it wants higher
[08:31] {Roman} bidding 27.50
[08:32] {Roman} 1/2
[08:33] {dino} taking couple hour break, 2x's new goal
[08:33] {dino} thx all
[08:34] {Threei} gj dino
[08:34] {lklarson} tk dino
[08:35] {dino} :)
[08:35] {magoo} dino 6 for 6
[08:35] {dino} lucky
[08:41] {craigaudio} BMRN long Vad?
[08:42] {craigaudio} filling gap and close to break 18
[08:42] {Threei} if stays above .60, sure
[08:43] {craigaudio} .74 entry?
[08:43] {Threei} .72 if you go off intraday chart, .75 if off daily...
[08:43] {Threei} .75 I guess would be more accurate
[08:44] {craigaudio} no something that interests you?
[08:44] {craigaudio} not*
[08:44] {craigaudio} just wondering if there is anything that would put you off it
[08:45] {Threei} well, it's a nice chart overall,
[08:45] {Threei} the only thing that cools me off a little is,
[08:45] {Threei} it consolidates for a bit too long, and day is getting mature
[08:45] {Threei} I tend to trust breakouts less when we go into lunch time
[08:46] {craigaudio} ok. what do you switch to later into lunch time? breakdowns?
[08:46] {Roman} no go for WINN
[08:47] {Threei} too broad question
[08:47] {Threei} breakdowns cabn be just as treacherous, it all depends on particular environment
[08:47] {Threei} lunch time usually provides more of range opportunities
[08:47] {craigaudio} just wondering what your focus is then as the day progresses
[08:47] {Threei} bounces or retreats
[08:48] {Roman} shorting JASO small, under 24.55
[08:48] {Threei} less trend continuations
[08:48] {Threei} thus more of scalping approach
[08:48] {craigaudio} ok. whats a retreat? never heard that phrase used
[08:48] {Threei} bounce with your monitor turned upside down
[08:48] {DaveG} it's when your church group goes into the woods
[08:48] {Threei} or you standing on your head
[08:49] {Threei} but not both as it will turn retreat into bounce again
[08:49] {craigaudio} lol
[08:49] {Threei} :)
[08:50] {Roman} in JASO short
[08:50] {lklarson} wont let me short JASO
[08:50] {lklarson} same old story
[08:51] {craigaudio} yes im using the order bar more now to ween myself off the matrix and perhaps get a new broker
[08:52] {Threei} you guys like torturing yourself, don't you? :)
[08:52] {lklarson} not a bad idea
[08:52] {craigaudio} keep TS for charts and just pay the subscription or make a few trades a month to make sure its free
[08:52] {craigaudio} and you like teasing us about it ;-)
[08:52] {Roman} tradestation has very low short availability
[08:52] {lklarson} that all its good:)
[08:53] {craigaudio} hey its not that easy to just unplug yourself from the matrix. its such a warm fluffy place
[08:53] {lklarson} Roman, do you miss alot of short trades to
[08:53] {Roman} no, i have CyberTrader and InteractiveBrokers as well
[08:53] {lklarson} ok, thx
[08:54] {craigaudio} DISH B/O
[08:54] {Roman} but it looks like Laser has best short availability of any one
[08:54] {Threei} everyone is so complicated... I feel inferior with my single broker, no indicators, no fancy ways of sending order... {G}
[08:55] {lklarson} will definately make plans to change, just missing to many trades
[08:55] {craigaudio} yes all this technology is taking out on my poor hamster powering the generator wheel
[08:55] {Threei} that could be a bad idea lkl
[08:56] {craigaudio} the shorting thing doesnt bother me so much
[08:56] {Threei} with superior fills and shiort availability you will lose a reason to complain
[08:56] {lklarson} true:)
[08:56] {Threei} (feel free to slap me)
[08:56] {craigaudio} ive just had half a dozen bad fills and other glitches
[08:56] {lklarson} I'll find something else to complain about, lol
[08:57] {Threei} yeah, Dave is always here
[08:57] {DaveG} lol
[08:58] * magoo slaps Threei around a bit with a large trout
[08:58] * magoo slaps Threei around a bit with a large trout
[08:58] {Threei} hmmm
[08:58] {Threei} again... why would one feel a need to slap me when dave is around...
[08:59] {lklarson} good thing since I do not even know how to slap people around
[08:59] {Roman} AAPL Apple: iPhone delayed until October, Leopard delayed again until January - Engadget (106.80 )
[09:00] {magoo} 11:56] {Threei} (feel free to slap me)
[09:00] {craigaudio} aapl overeaction?
[09:00] {Threei} wasn't directed to you, but OK, I can see how you could take it as an invitation
[09:01] {Threei} don't do it craig
[09:01] {craigaudio} no not after yesterday
[09:01] {DaveG} aapl is evil
[09:01] {Threei} your fingers barely healed from last knife catching session
[09:01] {craigaudio} yes yesterday was a bummer
[09:02] {craigaudio} plus when i shorted appl and the n it bounced!
[09:02] {craigaudio} aapl was much nicer under 90. less volatile
[09:03] {Threei} {Adam} AAPL is evil
[09:06] {craigaudio} praise the lord
[09:07] {magoo} vad, loss of .50 new brcm short trigger or not so good?
[09:09] {Threei} if not going over .60
[09:09] {craigaudio} i might go in that too magoo
[09:09] {Threei} better keep stops tight at this time
[09:11] {craigaudio} NQ lower high on bounce
[09:11] {craigaudio} you know i dont think BRCM will break that .50 area magoo
[09:11] {Roman} AMAT breaking support
[09:12] {craigaudio} just a feeling
[09:15] {craigaudio} aapl overeaction. probably leaked by someone to push the price down in order to reload
[09:15] {Roman} AAPL Apple: Engadget issues false alarm on Apple story (106.60 ) -Update-
[09:16] {craigaudio} lol
[09:16] {DaveG} lol
[09:16] {craigaudio} crooks
[09:17] {Threei} scalped
[09:17] {Threei} ty Roman
[09:17] {craigaudio} you took bounce Vad?
[09:17] {Threei} on news post
[09:17] {Roman} Engadget now writes "While our source that provided us the information is solid, we just heard back from Apple PR -- they let us know that the iPhone and Leopard are both still on track, and should meet their expected launch timeframes. We'll keep you up to the second with any further developments." (See 11:58 comment)
[09:18] {craigaudio} im long from .75
[09:18] {craigaudio} stop under pivot on 1min
[09:18] {craigaudio} small shares
[09:19] {DaveG} wtg
[09:19] {craigaudio} out +.75
[09:20] {Threei} 1:3
[09:20] {Threei} nice
[09:20] {craigaudio} well the crooks helped me out so ill let them off this once
[09:20] {Threei} that's the way to play the game
[09:20] {Threei} use them
[09:20] {Threei} all they do is prvide opportinity
[09:21] {craigaudio} yes
[09:22] {DaveG} as the story hits cnbc
[09:24] {Threei} BMRN, time to look for exit
[09:24] {craigaudio} BMRN. whos playing that?
[09:25] {Threei} I thought you did? :)
[09:25] {craigaudio} no i went off the idea and aapl came along
[09:25] {craigaudio} oh it worked too! did you take it?
[09:25] {Threei} ok... it worked foer slightly over 1:1
[09:25] {Roman} TSYS strong today
[09:25] {Roman} WINN trying for high
[09:25] {magoo} hey vad, this afternoon..throw up 3 shorts altogether again and hit 3 for 3 ..ok}}????
[09:26] {Threei} sigh... pressure...
[09:26] {Threei} I am doing best in my sleep magoo... not when I am looking for a trade intently :)
[09:27] {Roman} cover 1/2 JASO +.32
[09:27] {magoo} stick with what worx,,,i just thought that was aesome yesterday, u put them all out in a row...like a madmann
[09:27] {dptl} cvtx?
[09:28] {dino} nice rfr
[09:28] {Threei} 10.30 long if stays above .20, dp
[09:29] {Threei} this happens when they jump out on me magoo... when I go looking for them, they hide
[09:29] {dptl} ty
[09:29] {magoo} stay the course boss...just want u knowing that i am with ya...not working for nada
[09:37] {craigaudio} HOLX formed double bottom. best in 5min chart
[09:38] {craigaudio} although daily sic
[09:40] {craigaudio} short BRCM. .49, stop at .65 halflot
[09:42] {craigaudio} what do you think Vad?
[09:42] {Threei} valid play
[09:43] {craigaudio} would be nice to get NQ drop. look at the 60min. could fill gap from 30 march
[09:43] {craigaudio} but not getting carried away
[09:47] {craigaudio} not working. stop to .60
[09:48] {craigaudio} looks like could be bounce. volume coming in
[09:52] {Threei} short .58
[09:52] {Threei} aggressive
[09:52] {craigaudio} BRCM?
[09:52] {Threei} stop is funny, .61
[09:53] {Threei} yeah
[09:53] {craigaudio} my stop is .62
[09:53] {craigaudio} NQ dropping
[09:54] {Threei} ?
[09:54] {DaveG} ??
[09:54] {Threei} where?
[09:54] {magoo} vad, u watching jnpr?still in half?
[09:55] {Threei} no, stop was trailed to .89 way ago
[09:55] {magoo} iok
[09:56] {craigaudio} get down BRCM!!!
[09:57] * Threei slaps LaserDave around a bit with a large trout
[09:57] * magoo slaps DaveG around a bit with a large trout
[09:57] {Threei} wake up and smell dcc
[09:58] * Threei hits BRCM over the head with 2x4
[09:58] {craigaudio} added when you entered Vad kept same stop. if fails only slightly smaller loss but potential for more gain
[09:59] {Threei} NQ is upticking stubbornly
[09:59] {craigaudio} you think a good approach. i sometimes add to a position when it comes close to my stop
[09:59] {Threei} we are trying to swim against the current so far
[09:59] {craigaudio} damn
[09:59] {Threei} stopped
[09:59] {Threei} no, I don't
[09:59] {Threei} we talked about it yesterday
[10:00] {Threei} adding to position that moves against you doesn't make sense to me
[10:00] {DaveG} nq ramping
[10:00] {dino} glw l .80
[10:00] {craigaudio} ok yes
[10:00] {magoo} jnpr close to triggering
[10:01] {craigaudio} well my aapl negated
[10:01] {dptl} tnx Craig....outHOLX...+.48
[10:02] {DaveG} wtg dp
[10:02] {Threei} wow
[10:02] {craigaudio} good work dp
[10:02] {Threei} nice
[10:02] {dino} gj dp
[10:02] {dptl} TY
[10:02] {craigaudio} and what the hell was i doing with BRCM! double drat
[10:03] {craigaudio} triple drat.
[10:03] {patience} very nice dptl
[10:03] {Roman} HSOA Home Solutions subsidiaries Awarded $19 Million in New Contracts (5.79 +0.09)
[10:03] {Roman} Co announces it has been awarded approx $19 mln in new contracts. $11 mln of the work under the contracts is scheduled to be completed in 2007, and was not included in the co's previously announced backlog.
[10:04] {craigaudio} yes the double bottom was a nice pattern. plus the stop wasnt too far away
[10:05] {craigaudio} ENER
[10:07] {Roman} GIGM new high
[10:07] {craigaudio} potential bounce ENER?
[10:07] {Threei} didn't you swear off overly volatile stocks?
[10:08] {craigaudio} thats not that volatile is it?
[10:08] {Threei} ENER can be horrible when it gets hot
[10:08] {Threei} look at the sizzes
[10:08] {craigaudio} being an energy stock and all
[10:09] {DaveG} what size
[10:09] {DaveG} 1
[10:09] {DaveG} lol
[10:09] {craigaudio} hesitated and missed my fill at .59 so skipping now
[10:09] {craigaudio} was gonna give it 10cent stop
[10:10] {Threei} didn't you also swear off going long on downtrending stocks?
[10:10] {craigaudio} not really
[10:10] {Threei} just trying to understand how your trading plan shapes up
[10:11] {craigaudio} after yesterday...i decided not to take bounces on stocks that have bad news and also the NQ is trending down also
[10:12] {craigaudio} not missing all bounces in a market thats currently not downtrend
[10:12] {craigaudio} trading plan needs updating. sorting out as we speak
[10:17] {craigaudio} i cant watch ENER 32.82
[10:19] {dptl} cvtx......................missed
[10:24] {dino} seems i cov. too quicky
[10:24] {dino} cvtl i mean
[10:31] {dptl} dell?
[10:35] {Roman} TASR TASER stun guns get broader trial in UK, Home Office says - Bloomberg (9.15 +0.16) -Update-
[10:39] {craigaudio} ENER through 33
[10:40] {Roman} AMZN
[10:42] {Roman} ..
[10:46] {Roman} long GIGM
[10:46] {Roman} 1/2 size 15.85
[10:48] {magoo} someone slap vad..wake him up please lol
[10:49] {Threei} don't
[10:49] * DaveG slaps magoo around a bit with a large trout
[10:54] {dino} wpte
[10:57] {craigaudio} SEPR
[11:02] {Roman} ESLR high
[11:05] {dino} tecua s .06
[11:06] {craigaudio} tecua must be news
[11:07] {craigaudio} Tecumseh Prods reports Q1 (10.73 *0.03) : Reports Q1 (Mar) loss of $0.91 per share, incl items, may not be comparable to the Reuters Estimates consensus of ($1.49); revenues rose 3.2% year/year to $460.5 mln vs the $453.20 mln consensus.
[11:11] {magoo} vad...jumpin JNPR
[11:11] {Threei} dunno... not sure
[11:12] {Threei} NQ makes new high, JNPR hasn't reached its old one
[11:34] {craigaudio} any opportunties out there guys?
[11:34] {Threei} nothing that I could read with any degree of realiability
[11:34] {dino} nah
[11:35] {craigaudio} k thanks. it good that you have the patience and disapline to sit and wait
[11:36] {dino} two on, but hard stops in, not really moving
[11:36] {DaveG} onxx
[11:36] {dino} ufpi
[11:38] {Threei} what's the alternative craig? trading for the sake of trading?
[11:38] {craigaudio} exactly. there is no alternative
[11:41] {Chaeron} .
[11:41] {magoo} ..
[11:42] {Threei} ...
[11:43] {patience} patience is waiting for a stock to rebound after 2 days of watching profit taking and being down 13K on it.....arghhh....i hate being patient sometimes
[11:43] {DaveG} there she is
[11:43] {patience} head banging day dave
[11:43] {DaveG} yeah, been there
[11:43] {DaveG} what stock
[11:44] {patience} canadian stock on toronto exchange
[11:45] {dino} gl w/it patience
[11:45] {patience} ty, i'm aveaging nicely for the year but is sucks when a downdraft happens
[11:46] {dino} fully understand, was running well until may, then a bit off
[11:47] {dino} amat break of .00, trig short imo
[12:00] {craigaudio} thinking most of the money making plays have gone for the day
[12:01] {craigaudio} amgn short vad?
[12:02] {Threei} .14 if stays under .25
[12:03] {dino} glw stopped -.11
[12:11] {craigaudio} long erts .67 klinger bounce
[12:30] {Threei} aftrenoon is one big yawn
[12:30] {magoo} no kidding..want those hours of my life back
[12:31] {craigaudio} im off now guys
[12:31] {Threei} BMRN is still moving... wow
[12:31] {craigaudio} see you all tomorrow
[12:31] {Threei} take care craig
[12:32] {craigaudio} u too vad
[12:37] {Chaeron} 13500 party hats on?
[12:37] {Threei} just 33 points left
[12:39] {Threei} OK guys, leaving now
[12:39] {DaveG} take care vad
[12:39] {Threei} hopefully will survive another day
[12:39] {Threei} take care, see you tomorrow
[12:40] {magoo} ty vad, hjopefully tomorrow better
[12:40] {Threei} y wasn't bad... just boring swecond half
[12:41] {magoo} only made $300
[12:41] {magoo} and sat for what...? 5 hrs he he
[12:43] {Chaeron} hey... $300 everyday for a month is $6000
[12:44] {magoo} how u know tghat? he he
[12:47] {Chaeron} 22 trading days in a month :)
[12:47] {Chaeron} (give or take)
[12:53] {dino} you are so right chaeron
[12:53] {Chaeron} dino - you and magoo spend that much money on ice for your beer cooler alone in a month.......
[12:53] {Chaeron} you guys are so huge :)
[12:54] {Chaeron} and I mean wealth-wise, not waist-wise
[12:54] {magoo} hell...we drink it warm
[12:54] {dino} oh c'mon. we have a separate beer refridg
[12:54] {Chaeron} lol
[12:56] {DaveG} have a great evening gang
[12:56] {dino} you 2
[12:57] {magoo} u too
[12:59] {dino} cov tecua flat
[13:00] {dptl} good night guys see ya tommorrow
[13:01] {dino} take care all, gotta hop, son's little league game
Tuesday, May 15, 2007
Realitytrader TradeLog - May 15, 2007
Session Start: Tue May 15 00:00:00 2007
Session Time: Tue May 15 00:00:00 2007
[05:18] {craigaudio} gm guys
[05:18] {DaveG} gm
[05:30] {craigaudio} AMGN down to 53 area.
[05:32] {Roman} Core CPI y/y +2.3% vs +2.4% Bloomberg Consensus, prior +2.5%
[05:32] {Roman} Core CPI m/m +0.2% vs +0.2% consensus, prior +0.1%
[05:32] {Roman} JASO JA Solar beats by $0.03; reaffirms FY07 guidance (27.89 )
[05:33] {Roman} ATEA Astea Intl reports Q1 EPS of $0.36 vs ($0.64) in 1Q06; revs rose 105% YoY to $7.8 mln (5.62 )
[05:34] {Roman} ATEA on radar today
[05:35] {craigaudio} hi roman
[05:35] {Roman} hey craig
[05:36] {gabby} morning craig, roman
[05:36] {gabby} DaveG
[05:36] {craigaudio} hey gabby
[05:36] {Roman} hey gabby
[05:36] {Roman} ATEA is a mover
[05:36] {Roman} fantastic earnings
[05:36] {Roman} looking at monthly chart, this stock can move
[05:37] {craigaudio} yes. revenues 100% rise!
[05:37] {Roman} i am bidding at 7
[05:37] {Roman} in case it pullsback
[05:38] * Threei bids 7.01, to annoy Roman
[05:38] {Threei} good morning guys :)
[05:38] {Roman} morning Vad
[05:38] {Threei} hi :)
[05:38] {craigaudio} if i have a company im interested in. how do i find when it next reports its results? apart from on their website.
[05:38] {gabby} gm vad
[05:39] {Threei} gabby :)
[05:39] {DaveG} yahoo craig
[05:39] {craigaudio} i use yahoo finance at the moment but cant find that information on the site
[05:39] {DaveG} oh
[05:39] {Roman} http://earnings.com
[05:40] {craigaudio} thanks roman. currently writing my step by step approach to putting on swings. thats one of my stages
[05:41] {Roman} i see
[05:42] {craigaudio} not rushing into swings at the moment though. obviously not til ive finished my research
[05:44] {Roman} what do you look for in a typical swing setup?
[05:44] {craigaudio} not sure yet. im formulating an approach. still work in progress.
[05:45] {craigaudio} maybe you can advise me. what do you look for?
[05:45] {Roman} 1st to make some $$$ :)
[05:45] {Threei} obvious answer would be "profit"... probably not what Roma is asking though :)
[05:45] {Threei} lol
[05:45] {DaveG} blondes
[05:45] {craigaudio} jeez i thought we were talking stocks not swingers parties
[05:46] {Threei} Dave is abusing Raven being distracted lately
[05:46] {Roman} hey Dave if you win that CNBC challange, you'll definately do well with Blondes
[05:46] {DaveG} :)
[05:46] {Threei} he won't Roman... remember you and I already shared his future winning
[05:46] {Threei} not leabing much for him
[05:46] {Roman} craig: I like setups such as USEG
[05:46] {Roman} uptranding charts
[05:47] {magoo} morning
[05:47] {Threei} magoo :)
[05:48] {craigaudio} im thinking of first looking at the charts to get swing candidates. then doing some simple fundamental research to make sure the company isnt going bankrupt or anything
[05:48] {craigaudio} so i dont get any unfortunate surprises
[05:49] {Roman} good idea, but the chart will alert you of any issues in advance (better than reading the balance sheet)
[05:49] {Roman} IMO
[05:49] {craigaudio} yes
[05:50] {Roman} but it's a good practice to check fundamentals anyway
[05:50] {Roman} what's your hold on typical swing?
[05:50] {craigaudio} yes. just simple stuff. not too much overhead. thats what im trying to put in step by step procedure to streamline the process
[05:50] {Roman} timewise
[05:51] {DaveG} i'll sell you my cnbc method
[05:51] {Roman} look at this guy, not only he gets $1mil, he is selling products in here too
[05:51] {Roman} unreal
[05:51] {DaveG} lol
[05:51] {gabby} AMGN little bounce
[05:51] {craigaudio} yes make it faster as im lazy and its boring isnt it... look at PE, assets v's liabilities,...just simple checks
[05:52] {Threei} he is acting wise Roman... he prepares back-up source of income in case we really grab his winning
[05:52] {Threei} (which we will)
[05:52] {Roman} nice :)
[05:52] {DaveG} i was working on my acceptance speech last night vad
[05:53] {Roman} magoo, keep an eye on ATEA, reported blowout earnings
[05:53] {Roman} old mover
[05:53] {Threei} and vows?
[05:53] {DaveG} lol
[05:53] {Threei} I need to start working on mine Dave
[05:53] {Roman} Dave, when does this Challenge end?
[05:54] {DaveG} week from fri
[05:55] {Threei} Roman... we are about to get rich thanks to Dave, and we don't even know when the contest ends... nice racket eh?
[05:55] {Roman} JASO reported
[05:55] {Roman} :)
[05:56] {Threei} ATEA 1 min starts looking like breakout at 7.80 - as long as you can trust pre-market charts
[06:00] {magoo} vad, u make out ok on doc apptment?
[06:00] {Threei} so far so good... but this is jjust the beginning and they promise it will get tougher :)
[06:01] {craigaudio} yes. cant have you dropping on us. ive only just signed up to the room.
[06:01] {Threei} wosrt case, I'll be here in spirit
[06:01] {Threei} I am not that easy to get rid of, you know
[06:02] {craigaudio} i have my bottle of vodka in desk drawer.
[06:03] {_ted123} Hi
[06:03] {Threei} ted :)
[06:07] {dptl} good morning all
[06:10] {Threei} dp :)
[06:10] {dino} gm all
[06:10] {Threei} dino :)
[06:11] {magoo} sheesh vasd
[06:11] {esemde} gm everyone
[06:12] {Threei} esemde :)
[06:12] {magoo} AMGN vad, lets follow it today
[06:12] {craigaudio} i know magoo. didnt you say the other day to 50
[06:13] {magoo} laserheads, do not forget we can also short ARAE
[06:13] {magoo} ATEA
[06:13] {dino} craig, our office vodka stays in the freezer
[06:14] {Threei} 52.10 so far looks like next short trigger on AMGN magoo... with stop above .30
[06:14] {Threei} sheesh, lol
[06:14] {craigaudio} futures gapping down
[06:16] {Threei} scary thing
[06:16] {Threei} especially pre-market
[06:16] {magoo} for day tho..prob 50 area
[06:17] {Threei} with this type of movers question always is, can you handle the volatility
[06:17] {gabby} vol AMGN pre mkt over 7,000,000
[06:17] {craigaudio} you shorting amgn here. just hit 52.10. i presume the play was the bounce up to resistence then to drop lower
[06:17] {Threei} I am hesitant on it pre-market craig
[06:18] {Threei} it's one of those jumpers
[06:18] {craigaudio} yes
[06:19] {Threei} risk evaluation goes first
[06:19] {craigaudio} seems to have buyers stepping in
[06:23] {cosmo} JASO
[06:24] {dino} winn hmmm
[06:25] {cosmo} JASO: ... Earnings Conference Call (happening now)
[06:26] {magoo} jaso..good or bad report?
[06:26] {cosmo} good rpt. ...wierd
[06:26] {cosmo} checking
[06:27] {gabby} amazing the way price drops with good news
[06:27] {lklarson} morning all
[06:27] {Threei} lkl :)
[06:28] {craigaudio} hey larson
[06:28] {cosmo} gabby....someone long out there has some really heavy karma, i figure
[06:30] {cosmo} atea
[06:32] {Threei} AMGN short under .50 if stays below .80, SMALL SHARES
[06:35] {Threei} invalidated
[06:35] {dino} s winn .24 risky
[06:35] {Roman} ATEA pop
[06:36] {magoo} caught it .790
[06:38] {gabby} had it alarmed with buy order. ran right threough:-(
[06:38] {craigaudio} i got 8.01
[06:40] {Roman} GLNG vad?
[06:40] {Threei} volume is too low...
[06:41] {Threei} tough call
[06:41] {magoo} ATEA going 9 RISKI
[06:41] {craigaudio} im out half ATEA +.40
[06:41] {Threei} wtg
[06:42] {dino} nice
[06:42] {Threei} USEY?
[06:43] {Threei} what was that
[06:45] {Threei} SINA small shares long on pullback around .50 or break .96, whichever comes first
[06:45] {Roman} ONT On2 Technologies: Akamai announces live streaming for Adobe Flash Player Video (3.05 +0.13)
[06:47] {esemde} HTLD making a break for it
[06:47] {Threei} AZPN 14.81 long
[06:48] {esemde} azpn better play than htld
[06:48] {Threei} .65 stop
[06:48] {craigaudio} sina pulling back
[06:48] {Roman} GOAM pop
[06:51] {craigaudio} sina still a play vad? NQ below opening range
[06:51] {Threei} it is
[06:52] {Threei} so far support .60
[06:52] {Threei} stop right under it
[06:53] {craigaudio} didnt get filled damn it
[06:53] {Threei} 1:1 in a hurry
[06:53] {Threei} anyone got it?
[06:53] {magoo} missed
[06:53] {craigaudio} that sucks. good job vad
[06:53] {Threei} don't chaswe
[06:54] {magoo} took az..wromg one
[06:54] {craigaudio} gave a limit of 3 cents too and still blew through
[06:54] {Threei} az?
[06:54] {magoo} AZPN
[06:54] {Threei} it never triggered?
[06:55] {Roman} Rice says UNITED STATES WILL NOT ALLOW RUSSIA TO VETO ITS PLANS TO BUILD MISSILE DEFENCE SHIELD IN EUROPE - Reuters
[06:55] {magoo} aggressive entry .79 vad
[06:56] {Threei} I see... with such wall at .80, I'd prefer to wait and see if it's able to break it
[06:56] {Threei} I still like the play
[06:59] {Threei} mama mia SINA
[06:59] {craigaudio} wow. that would have made my day
[06:59] {Threei} whoever said not to chase should be hooked through the upper lip and dragged by the truck through main street
[07:00] {craigaudio} sic
[07:01] {dino} cov winn .00, +.24\
[07:01] {craigaudio} YM reversed. NQ selling off
[07:02] {craigaudio} short on AZPN?
[07:02] {Threei} nah
[07:02] {Threei} invalidated as long but I wouldn't shor't it
[07:03] {craigaudio} BOBJ?
[07:06] {magoo} ATEA reloading
[07:06] {magoo} 9
[07:07] {craigaudio} go for it
[07:07] {craigaudio} im long bobj
[07:09] {magoo} waiting .91
[07:10] {esemde} SBGI ..
[07:11] {craigaudio} SBGI needs to break that 155 barrior
[07:11] {esemde} yup..
[07:12] {dino} gs l .93
[07:12] {esemde} i like that 100,000sh buy though
[07:12] {_davegroom} market is off like a Ferrari
[07:13] {Threei} CELG small shares 65.11 long
[07:13] {Threei} 64.85 stop
[07:14] {Roman} CTIB high
[07:14] {Threei} if breaks from here, stop 64.95
[07:15] {dino} out gs flat
[07:15] {esemde} SBGI chart looks like Celg chart
[07:15] {craigaudio} offering ATEA out at 8.94
[07:16] {Threei} good one guys
[07:17] {magoo} out
[07:18] {craigaudio} nice reversals in futures
[07:21] {magoo} ATEA, .18 long trigger to go .48 area...breathe...
[07:23] {craigaudio} DADE
[07:23] {craigaudio} CELG fired
[07:23] {Threei} yup
[07:25] {craigaudio} AAUK a runner
[07:26] {magoo} ATEAstop .99
[07:27] {magoo} out
[07:27] {craigaudio} fell flat through 9
[07:29] {magoo} well, its up over 50%...dangerous now..easy $$ to 9
[07:32] {craigaudio} aapl
[07:32] {Threei} AMGN .29 short, stop .51 SMALL SHARES
[07:33] {Threei} no worky CELG
[07:33] {magoo} u know, i took that also
[07:33] {craigaudio} nope
[07:33] {magoo} so i took your to dogs, missed a bck...SIGH
[07:34] {craigaudio} SINA gave it all back
[07:34] {craigaudio} NQ following the YM
[07:36] {dptl} what's YM?
[07:36] {craigaudio} the mini dow. futures.
[07:36] {craigaudio} @YM on TS
[07:37] {dptl} oo....i see
[07:37] {_davegroom} thnx
[07:39] {craigaudio} TTEC nice reversal
[07:39] {craigaudio} lovely U move
[07:39] {dino} mpel s .04
[07:39] {esemde} SBGI Vad is it moving too slow for a breakout
[07:40] {esemde} scratch that question....it's following the market down
[07:41] {dino} winn s .44, hl
[07:41] {Threei} yeah
[07:45] {craigaudio} YRCW for break?
[07:46] {Threei} for ascalp only
[07:49] {esemde} anad...
[07:52] {craigaudio} ATEA forming 5min ascending triangle
[07:58] {craigaudio} stopped YRCW
[08:00] {Threei} watching CECO for short .25 trigger if stays under .45
[08:00] {Threei} aggressive entry possible, half lot
[08:05] {Threei} finger on a trigger, waiting for NQ reversal
[08:07] {craigaudio} took aggressive entry on CECO. stopped out
[08:08] {craigaudio} not having the best day
[08:11] {Threei} AMZN .30 short
[08:11] {Threei} .56 stop
[08:12] {lklarson} out amgn 1:1
[08:12] {dino} etg
[08:17] {magoo} out amgn .99
[08:18] {magoo} ty vad
[08:18] {magoo} 2 for 4
[08:18] {Threei} welcome... not much readable out there so far
[08:19] {magoo} my fautl..i jumped AZPN..and missed sina
[08:19] {dino} tbsi s .88
[08:20] {Threei} SINA is my fault somewhat... I felt strongly that aggressive entry would work on it and hesitated to call it
[08:21] {magoo} and sina more my style...fast and furious
[08:21] {Roman} AVNR near high
[08:23] {dino} clrk s .57
[08:24] {dino} winn stopped
[08:26] {craigaudio} what about NUAN if breaks 16
[08:27] {Threei} I like it
[08:27] {Threei} desirable if stays abovce .90
[08:27] {craigaudio} but it could also form a double top on 5 mion chart if it doesnt break 16
[08:28] {craigaudio} so potential short too
[08:28] {Roman} SPTN thin on radar for a breakout
[08:29] {esemde} have a great day everyone!
[08:29] {Threei} take care esemde
[08:29] {DaveG} u2
[08:30] {craigaudio} nuan fired
[08:30] {lklarson} in nuan 16
[08:30] {Roman} NAPS
[08:31] {craigaudio} didnt get filled fully again
[08:31] {Threei} news?
[08:31] {Roman} NAPS Napster and Motorola Enter Unique Marketing Agreement for the US, UK and German Markets (4.24 +0.17)
[08:31] {Threei} in
[08:32] {Threei} needs to break .30
[08:32] {craigaudio} your in naps Vad?
[08:32] {Threei} yeah, stop under 4
[08:33] {Roman} The co and Motorola (MOT) announce a unique marketing agreement that will bring Napster's on demand music subscription service to mobile consumers.
[08:33] {Roman} AVNR high
[08:35] {Threei} stop to 4.09
[08:38] {Roman} AVNR looks pretty good
[08:42] {Roman} observing CAAS
[08:42] {Roman} reported earnings yesterday
[08:43] {Threei} come on NAPS, if this news can't move you, you are total dog
[08:44] {Threei} stop to .14
[08:45] {Threei} BRKR interesting
[08:45] {Threei} a bit late...
[09:01] {dptl} hellooooo.......... any one there/awake?
[09:01] {Threei} no
[09:02] {dptl} ok
[09:03] {craigaudio} stopped naps
[09:03] {craigaudio} prob quit for the day if next trade goes wrong
[09:10] {dino} l icfi .30
[09:11] {dino} .29
[09:18] {magoo} i can not stand the ANGST that we kreep having BIG up days and room has little to trade
[09:26] {Threei} that would be what, 100th time we go over this? :)
[09:26] {magoo} nah
[09:26] {magoo} but it sux
[09:26] {craigaudio} mnst
[09:26] {magoo} i feeling what rev shark writes about
[09:26] {craigaudio} news play
[09:27] {Threei} if you do one comparison, you will find intersting thing:
[09:27] {magoo} alot traders not majking $$ but all u see is RALLy
[09:27] {dino} whats the news
[09:27] {craigaudio} actually no news
[09:27] {Threei} you perform better on down or range days than you do on big up days
[09:27] {dino} ty
[09:29] {Roman} MNST Monster Worldwide spikes to session highs; strength attributed to chatter that co has pulled out of a conference, leading to renewed M&A speculation (47.17 +1.00) -Update-
[09:30] {dino} ty rfr
[09:30] {craigaudio} took a risk on mnst long +.25
[09:30] {dino} risk is my business
[09:30] {craigaudio} watch it fall back down once its declared nonsense
[09:31] {craigaudio} jeez should have held
[09:33] {craigaudio} MHK had a similar rumour the other day and went up only to come right back down
[09:39] {_davegroom} Now that it is slow I've got a question about sizing. Because I'm trading paper and not in the real market is it realistic to put in a lot say around 3000 shares in NUAN for example and hide it in a reserve num
[09:40] {Threei} sure
[09:40] {dino} fwiw, mostly i trade 700 lots
[09:40] {Threei} you can show 100 shares
[09:40] {Threei} with any actual number behind it
[09:41] {magoo} in level 2 settings right vad?
[09:41] {Threei} yes
[09:41] {Threei} Under General tab
[09:43] {_davegroom} Got the video btw
[09:43] {Threei} :)
[09:44] {_davegroom} thnx
[09:50] {dino} l ebay .oo
[09:58] {dino} cov tbsi .38, +.50, stopped icfi -.29
[09:59] {Threei} DRYS nonstop
[10:06] {craigaudio} stopped ebay
[10:06] {craigaudio} taking a break for hour
[10:07] {Roman} U.S. NAHB housing market index drops to 30 in May (consensus 33) from 33 in April - Reuters
[10:07] {Threei} DRYS fast selling under .50 for bounce
[10:07] {Roman} CTIB animal
[10:12] {craigaudio} GM motors
[10:14] {magoo} vad, u take DRYS?
[10:15] {Threei} no... wanted it under .50 on sharp vertical drop
[10:16] {Threei} be back in 15
[10:19] {Roman} ALKS spike
[10:35] {Threei} FRPT over .60 is half lot long with stop under .40 or short under .40 with stop above .60
[10:35] {Threei} scalp only
[10:43] {Threei} .74 short DRYS small shares, stop .95
[10:46] {dino} ebay stopped -.22
[10:47] {Threei} .39 short BRCM with .51 stop
[10:52] {dino} shfl s .74, stop .03
[10:53] {Threei} FRPT stop to .55
[10:54] {Chaeron} Television evangelist Falwell dies at 73 - LYNCHBURG, Va. - The Rev. Jerry Falwell, who founded the Moral Majority and built the religious right into a political force, died Tuesday shortly after being found unconscious in his office at Liberty University, a school executive said. He was 73.
[10:55] {Threei} BRCM stop to .47
[10:55] {magoo} hillary clinton suspect
[10:55] {Threei} lol
[10:55] {DaveG} lol
[10:56] {dptl} lol
[10:56] {craigaudio} BRCM still valid Vad?
[10:56] {craigaudio} just got back
[10:56] {Threei} it's NQ based play
[10:56] {Threei} if new stop at .47 is not tagged and NQ tuenrs down, it's an entry
[10:57] {craigaudio} ok what about DRYS and FRPT?
[10:58] {Threei} DRYS just triggered
[10:58] {Threei} FRPT is too far from entry
[10:58] {craigaudio} drys no possible for me short
[10:58] {craigaudio} thnks
[10:59] {Threei} it's questionable one anyway
[10:59] {Threei} did go over .95 before triggering
[10:59] {Threei} so kind of discretionary
[10:59] {craigaudio} aapl would have been a good NQ play
[11:00] {DaveG} aapl is evil
[11:00] {Threei} volume almost disappeared on NQ bounce
[11:00] {Threei} come on, reverse
[11:01] {Threei} {AAPL} hi Adam... errrr, Dave
[11:02] {DaveG} it is though
[11:07] {Threei} FRPT almost 1:1
[11:08] {Threei} withdrawing "almost"
[11:09] {Threei} BRCM stop to .41
[11:09] {Threei} not willing to lose money on it
[11:12] {Threei} BRCM 1:1
[11:13] {Threei} falwel, is this the guy who suggested to burn paris Hilton on a stake?
[11:14] {Threei} or brand her with burnt sign on her forehead
[11:14] {magoo} for real?
[11:14] {Threei} I think that's him... not 100% sure
[11:15] {Threei} unless that was an urban legend
[11:16] {dino} shfl stopped-.29
[11:16] {craigaudio} thnaks for that vad BRCM
[11:16] {Threei} welcome
[11:16] {magoo} nice pix vad
[11:17] {craigaudio} need to rein in my other sparadic trades to get consistent
[11:18] {Threei} I guess that was... looked at e-mail I read it in, doesn't look legit
[11:24] {Threei} DRYS hit 1:1 earlier too in case anyone went for it
[11:24] * Threei dislocates his shoulder trying to pat himself on a back
[11:25] {magoo} nice work
[11:25] {magoo} stick with it boss
[11:26] {Threei} OK, so no acknowledgment of 3:3 in a few minutes (except magoo whom I wholeheartedly thank), and no laugh at my another lame joke??
[11:26] {Threei} what is fella to do to wake you up
[11:26] {magoo} [14:16] {magoo} nice pix vad
[11:26] {magoo} [14:17] {craigaudio} need to r
[11:26] {magoo} [14:25] {magoo} nice work
[11:27] {Threei} read in brackets :)
[11:27] {magoo} i just wanted to give you more : )
[11:27] {Threei} cool, ty :)
[11:27] {Threei} oh, I know what is going to make me feel better
[11:27] * Threei slaps DaveG around a bit with a large trout
[11:28] {Threei} I think NQ is about done dropping
[11:29] {Threei} watching for bounce on it to sacalp BRCM on a long side
[11:29] {Threei} in
[11:29] {Threei} .18
[11:29] {magoo} out brcm here now .17 TY
[11:30] {Threei} very tight stop .14
[11:30] {Threei} welcome
[11:30] {Threei} here comes NQ bounce, right on que
[11:30] {Threei} let's see if BRCM follows
[11:31] {Threei} hey I have 1:1 {G}
[11:32] {_davegroom} what symbol is the NQ
[11:33] {craigaudio} have you taken 1:1
[11:33] {craigaudio} ?
[11:33] {Threei} no, 4 cents on 1L shares is not my idea of profiting :)
[11:33] {Threei} 1K
[11:33] {_davegroom} trying to add to my watch indicators
[11:34] {_davegroom} 1k?
[11:34] {Threei} if you have futures feed, it's something like /NQM7
[11:34] {craigaudio} mine neither vad
[11:34] {_davegroom} thnks
[11:34] {Threei} different somewhat with different brokers
[11:34] {Threei} 1K = 1000 shares
[11:34] {craigaudio} my TS feed is NQM07 dave
[11:34] {_davegroom} ha! go tya
[11:34] {Threei} also, that was a play for NQ reversal, not just verey little bounce
[11:35] {Threei} so, with 4 cents stop I am willing to give it a chance to play out
[11:35] {Threei} and so far NQ behaves
[11:36] {Threei} now, first who tells me what clued into the coming reversal gets permission to slap DaveG
[11:36] {craigaudio} was the prior pivot from the start of the day
[11:37] {Threei} well, by itself it's just something to watch
[11:37] {Threei} but main thing that made me do it was,
[11:37] {Threei} unlike all previous drops, this last one occured on decereasing volume
[11:38] {Threei} remember this comment during a bounce:
[11:38] {Threei} [14:00] {Threei} volume almost disappeared on NQ bounce
[11:38] {Threei} [14:00] {Threei} come on, reverse
[11:38] {Threei} on that drop around 14:25 - 14:30 opposite happened
[11:38] {craigaudio} not wanting to bounce though
[11:38] {Threei} things work or they don't
[11:39] {Threei} nothing is 100%, but method doesn't change
[11:39] {craigaudio} yes
[11:40] {Threei} bounce came, stalled, then re-evalution by all the participants led to trend continuation instead of reversal
[11:40] {dino} cov clrk .87, +.70
[11:40] {Threei} awww DRYS
[11:42] {magoo} NICE DINO
[11:42] {Threei} very
[11:42] {dino} lol
[11:48] {cosmo} good place for the market to hold ...imho
[11:48] {Threei} I don't look at DRYS
[11:48] {Threei} I don't look at DRYS
[11:48] {cosmo} but you stutter
[11:48] {Threei} not working...
[11:50] {_davegroom} should i short or should i long now...sounds like an 80's song
[11:51] {cosmo} 60's
[11:53] {Roman} SIMO short?
[11:54] {Roman} could bounce with NQ tho
[11:54] {Threei} tough call... no read
[11:57] {craigaudio} NQ still dropping
[11:57] {craigaudio} im short aapl .78
[11:59] {craigaudio} stopped
[11:59] {craigaudio} right i think thats me done for the day
[11:59] {DaveG} told ya it was evil
[11:59] {craigaudio} yes
[12:00] {craigaudio} see you all tomorrow guys.
[12:00] {magoo} bye craig
[12:01] {craigaudio} bye magoo. bye everyone
[12:01] {Threei} take care craig
[12:01] {lklarson} take catre craig
[12:01] {Threei} lkl, you did almost impossible
[12:02] {Threei} your typing is worse than mine
[12:02] {DaveG} lol
[12:02] {lklarson} hey, its rubbing off
[12:03] {lklarson} you need to insert a spal;l checjker
[12:03] {_davegroom} lol
[12:05] {Threei} I tried
[12:05] {Threei} after one day of working it vomited and quit
[12:06] {Threei} sent me an e-mail I am gesitant to quote, too
[12:06] {lklarson} lol
[12:08] {lklarson} well, we are no spelling bees,thats for sure, but as long as I can make out your setsup who cares
[12:09] {Threei} at least as long as I don't spell BRCM as BXMNF
[12:09] {lklarson} :)
[12:09] {Threei} for those newer in the game... BXMNF used to be symbol of infamous Bre-X
[12:10] {lklarson} sure theres a story behind that one, eh
[12:10] {Threei} and those who don't know what Bre-X was... you missed a LOT of fun
[12:10] {Threei} gold mines in Indonesia... bodies of chief geologists dropping off the choppers...
[12:11] {lklarson} thought it was something like that, lol
[12:11] {Threei} (or getting new face and drinking happily on some remore tropical beach ever since)
[12:13] {Threei} http://www.buyandhold.com/bh/en/education/history/2005/bre-x_1.html
[12:13] {Threei} night time read :)
[12:14] {lklarson} sure I wont fall asleep reading that one at night
[12:14] {Threei} http://www.buyandhold.com/bh/en/education/history/2005/bre-x_2.html
[12:14] {Threei} etc
[12:17] {Threei} Ok guys, leaving for my medical appointment, day 2
[12:17] {DaveG} take care
[12:17] {Threei} thank you all, be safe, see you tomorrow
[12:17] {lklarson} ok, take acre vad
[12:17] {dptl} thx vad good luck
[12:21] {dino} gl 3i
[12:22] {_davegroom} prayers and all fly out to ya
[12:49] {DaveG} have a good evening, may DE earnings be awesome
[12:50] {dino} tbsi s .60
[13:00] {dptl} good evening all
[13:00] {_davegroom} hasta la bye-bye!
[13:08] {magoo} good nite
Session Close: Wed May 16 00:00:00 2007
Session Time: Tue May 15 00:00:00 2007
[05:18] {craigaudio} gm guys
[05:18] {DaveG} gm
[05:30] {craigaudio} AMGN down to 53 area.
[05:32] {Roman} Core CPI y/y +2.3% vs +2.4% Bloomberg Consensus, prior +2.5%
[05:32] {Roman} Core CPI m/m +0.2% vs +0.2% consensus, prior +0.1%
[05:32] {Roman} JASO JA Solar beats by $0.03; reaffirms FY07 guidance (27.89 )
[05:33] {Roman} ATEA Astea Intl reports Q1 EPS of $0.36 vs ($0.64) in 1Q06; revs rose 105% YoY to $7.8 mln (5.62 )
[05:34] {Roman} ATEA on radar today
[05:35] {craigaudio} hi roman
[05:35] {Roman} hey craig
[05:36] {gabby} morning craig, roman
[05:36] {gabby} DaveG
[05:36] {craigaudio} hey gabby
[05:36] {Roman} hey gabby
[05:36] {Roman} ATEA is a mover
[05:36] {Roman} fantastic earnings
[05:36] {Roman} looking at monthly chart, this stock can move
[05:37] {craigaudio} yes. revenues 100% rise!
[05:37] {Roman} i am bidding at 7
[05:37] {Roman} in case it pullsback
[05:38] * Threei bids 7.01, to annoy Roman
[05:38] {Threei} good morning guys :)
[05:38] {Roman} morning Vad
[05:38] {Threei} hi :)
[05:38] {craigaudio} if i have a company im interested in. how do i find when it next reports its results? apart from on their website.
[05:38] {gabby} gm vad
[05:39] {Threei} gabby :)
[05:39] {DaveG} yahoo craig
[05:39] {craigaudio} i use yahoo finance at the moment but cant find that information on the site
[05:39] {DaveG} oh
[05:39] {Roman} http://earnings.com
[05:40] {craigaudio} thanks roman. currently writing my step by step approach to putting on swings. thats one of my stages
[05:41] {Roman} i see
[05:42] {craigaudio} not rushing into swings at the moment though. obviously not til ive finished my research
[05:44] {Roman} what do you look for in a typical swing setup?
[05:44] {craigaudio} not sure yet. im formulating an approach. still work in progress.
[05:45] {craigaudio} maybe you can advise me. what do you look for?
[05:45] {Roman} 1st to make some $$$ :)
[05:45] {Threei} obvious answer would be "profit"... probably not what Roma is asking though :)
[05:45] {Threei} lol
[05:45] {DaveG} blondes
[05:45] {craigaudio} jeez i thought we were talking stocks not swingers parties
[05:46] {Threei} Dave is abusing Raven being distracted lately
[05:46] {Roman} hey Dave if you win that CNBC challange, you'll definately do well with Blondes
[05:46] {DaveG} :)
[05:46] {Threei} he won't Roman... remember you and I already shared his future winning
[05:46] {Threei} not leabing much for him
[05:46] {Roman} craig: I like setups such as USEG
[05:46] {Roman} uptranding charts
[05:47] {magoo} morning
[05:47] {Threei} magoo :)
[05:48] {craigaudio} im thinking of first looking at the charts to get swing candidates. then doing some simple fundamental research to make sure the company isnt going bankrupt or anything
[05:48] {craigaudio} so i dont get any unfortunate surprises
[05:49] {Roman} good idea, but the chart will alert you of any issues in advance (better than reading the balance sheet)
[05:49] {Roman} IMO
[05:49] {craigaudio} yes
[05:50] {Roman} but it's a good practice to check fundamentals anyway
[05:50] {Roman} what's your hold on typical swing?
[05:50] {craigaudio} yes. just simple stuff. not too much overhead. thats what im trying to put in step by step procedure to streamline the process
[05:50] {Roman} timewise
[05:51] {DaveG} i'll sell you my cnbc method
[05:51] {Roman} look at this guy, not only he gets $1mil, he is selling products in here too
[05:51] {Roman} unreal
[05:51] {DaveG} lol
[05:51] {gabby} AMGN little bounce
[05:51] {craigaudio} yes make it faster as im lazy and its boring isnt it... look at PE, assets v's liabilities,...just simple checks
[05:52] {Threei} he is acting wise Roman... he prepares back-up source of income in case we really grab his winning
[05:52] {Threei} (which we will)
[05:52] {Roman} nice :)
[05:52] {DaveG} i was working on my acceptance speech last night vad
[05:53] {Roman} magoo, keep an eye on ATEA, reported blowout earnings
[05:53] {Roman} old mover
[05:53] {Threei} and vows?
[05:53] {DaveG} lol
[05:53] {Threei} I need to start working on mine Dave
[05:53] {Roman} Dave, when does this Challenge end?
[05:54] {DaveG} week from fri
[05:55] {Threei} Roman... we are about to get rich thanks to Dave, and we don't even know when the contest ends... nice racket eh?
[05:55] {Roman} JASO reported
[05:55] {Roman} :)
[05:56] {Threei} ATEA 1 min starts looking like breakout at 7.80 - as long as you can trust pre-market charts
[06:00] {magoo} vad, u make out ok on doc apptment?
[06:00] {Threei} so far so good... but this is jjust the beginning and they promise it will get tougher :)
[06:01] {craigaudio} yes. cant have you dropping on us. ive only just signed up to the room.
[06:01] {Threei} wosrt case, I'll be here in spirit
[06:01] {Threei} I am not that easy to get rid of, you know
[06:02] {craigaudio} i have my bottle of vodka in desk drawer.
[06:03] {_ted123} Hi
[06:03] {Threei} ted :)
[06:07] {dptl} good morning all
[06:10] {Threei} dp :)
[06:10] {dino} gm all
[06:10] {Threei} dino :)
[06:11] {magoo} sheesh vasd
[06:11] {esemde} gm everyone
[06:12] {Threei} esemde :)
[06:12] {magoo} AMGN vad, lets follow it today
[06:12] {craigaudio} i know magoo. didnt you say the other day to 50
[06:13] {magoo} laserheads, do not forget we can also short ARAE
[06:13] {magoo} ATEA
[06:13] {dino} craig, our office vodka stays in the freezer
[06:14] {Threei} 52.10 so far looks like next short trigger on AMGN magoo... with stop above .30
[06:14] {Threei} sheesh, lol
[06:14] {craigaudio} futures gapping down
[06:16] {Threei} scary thing
[06:16] {Threei} especially pre-market
[06:16] {magoo} for day tho..prob 50 area
[06:17] {Threei} with this type of movers question always is, can you handle the volatility
[06:17] {gabby} vol AMGN pre mkt over 7,000,000
[06:17] {craigaudio} you shorting amgn here. just hit 52.10. i presume the play was the bounce up to resistence then to drop lower
[06:17] {Threei} I am hesitant on it pre-market craig
[06:18] {Threei} it's one of those jumpers
[06:18] {craigaudio} yes
[06:19] {Threei} risk evaluation goes first
[06:19] {craigaudio} seems to have buyers stepping in
[06:23] {cosmo} JASO
[06:24] {dino} winn hmmm
[06:25] {cosmo} JASO: ... Earnings Conference Call (happening now)
[06:26] {magoo} jaso..good or bad report?
[06:26] {cosmo} good rpt. ...wierd
[06:26] {cosmo} checking
[06:27] {gabby} amazing the way price drops with good news
[06:27] {lklarson} morning all
[06:27] {Threei} lkl :)
[06:28] {craigaudio} hey larson
[06:28] {cosmo} gabby....someone long out there has some really heavy karma, i figure
[06:30] {cosmo} atea
[06:32] {Threei} AMGN short under .50 if stays below .80, SMALL SHARES
[06:35] {Threei} invalidated
[06:35] {dino} s winn .24 risky
[06:35] {Roman} ATEA pop
[06:36] {magoo} caught it .790
[06:38] {gabby} had it alarmed with buy order. ran right threough:-(
[06:38] {craigaudio} i got 8.01
[06:40] {Roman} GLNG vad?
[06:40] {Threei} volume is too low...
[06:41] {Threei} tough call
[06:41] {magoo} ATEA going 9 RISKI
[06:41] {craigaudio} im out half ATEA +.40
[06:41] {Threei} wtg
[06:42] {dino} nice
[06:42] {Threei} USEY?
[06:43] {Threei} what was that
[06:45] {Threei} SINA small shares long on pullback around .50 or break .96, whichever comes first
[06:45] {Roman} ONT On2 Technologies: Akamai announces live streaming for Adobe Flash Player Video (3.05 +0.13)
[06:47] {esemde} HTLD making a break for it
[06:47] {Threei} AZPN 14.81 long
[06:48] {esemde} azpn better play than htld
[06:48] {Threei} .65 stop
[06:48] {craigaudio} sina pulling back
[06:48] {Roman} GOAM pop
[06:51] {craigaudio} sina still a play vad? NQ below opening range
[06:51] {Threei} it is
[06:52] {Threei} so far support .60
[06:52] {Threei} stop right under it
[06:53] {craigaudio} didnt get filled damn it
[06:53] {Threei} 1:1 in a hurry
[06:53] {Threei} anyone got it?
[06:53] {magoo} missed
[06:53] {craigaudio} that sucks. good job vad
[06:53] {Threei} don't chaswe
[06:54] {magoo} took az..wromg one
[06:54] {craigaudio} gave a limit of 3 cents too and still blew through
[06:54] {Threei} az?
[06:54] {magoo} AZPN
[06:54] {Threei} it never triggered?
[06:55] {Roman} Rice says UNITED STATES WILL NOT ALLOW RUSSIA TO VETO ITS PLANS TO BUILD MISSILE DEFENCE SHIELD IN EUROPE - Reuters
[06:55] {magoo} aggressive entry .79 vad
[06:56] {Threei} I see... with such wall at .80, I'd prefer to wait and see if it's able to break it
[06:56] {Threei} I still like the play
[06:59] {Threei} mama mia SINA
[06:59] {craigaudio} wow. that would have made my day
[06:59] {Threei} whoever said not to chase should be hooked through the upper lip and dragged by the truck through main street
[07:00] {craigaudio} sic
[07:01] {dino} cov winn .00, +.24\
[07:01] {craigaudio} YM reversed. NQ selling off
[07:02] {craigaudio} short on AZPN?
[07:02] {Threei} nah
[07:02] {Threei} invalidated as long but I wouldn't shor't it
[07:03] {craigaudio} BOBJ?
[07:06] {magoo} ATEA reloading
[07:06] {magoo} 9
[07:07] {craigaudio} go for it
[07:07] {craigaudio} im long bobj
[07:09] {magoo} waiting .91
[07:10] {esemde} SBGI ..
[07:11] {craigaudio} SBGI needs to break that 155 barrior
[07:11] {esemde} yup..
[07:12] {dino} gs l .93
[07:12] {esemde} i like that 100,000sh buy though
[07:12] {_davegroom} market is off like a Ferrari
[07:13] {Threei} CELG small shares 65.11 long
[07:13] {Threei} 64.85 stop
[07:14] {Roman} CTIB high
[07:14] {Threei} if breaks from here, stop 64.95
[07:15] {dino} out gs flat
[07:15] {esemde} SBGI chart looks like Celg chart
[07:15] {craigaudio} offering ATEA out at 8.94
[07:16] {Threei} good one guys
[07:17] {magoo} out
[07:18] {craigaudio} nice reversals in futures
[07:21] {magoo} ATEA, .18 long trigger to go .48 area...breathe...
[07:23] {craigaudio} DADE
[07:23] {craigaudio} CELG fired
[07:23] {Threei} yup
[07:25] {craigaudio} AAUK a runner
[07:26] {magoo} ATEAstop .99
[07:27] {magoo} out
[07:27] {craigaudio} fell flat through 9
[07:29] {magoo} well, its up over 50%...dangerous now..easy $$ to 9
[07:32] {craigaudio} aapl
[07:32] {Threei} AMGN .29 short, stop .51 SMALL SHARES
[07:33] {Threei} no worky CELG
[07:33] {magoo} u know, i took that also
[07:33] {craigaudio} nope
[07:33] {magoo} so i took your to dogs, missed a bck...SIGH
[07:34] {craigaudio} SINA gave it all back
[07:34] {craigaudio} NQ following the YM
[07:36] {dptl} what's YM?
[07:36] {craigaudio} the mini dow. futures.
[07:36] {craigaudio} @YM on TS
[07:37] {dptl} oo....i see
[07:37] {_davegroom} thnx
[07:39] {craigaudio} TTEC nice reversal
[07:39] {craigaudio} lovely U move
[07:39] {dino} mpel s .04
[07:39] {esemde} SBGI Vad is it moving too slow for a breakout
[07:40] {esemde} scratch that question....it's following the market down
[07:41] {dino} winn s .44, hl
[07:41] {Threei} yeah
[07:45] {craigaudio} YRCW for break?
[07:46] {Threei} for ascalp only
[07:49] {esemde} anad...
[07:52] {craigaudio} ATEA forming 5min ascending triangle
[07:58] {craigaudio} stopped YRCW
[08:00] {Threei} watching CECO for short .25 trigger if stays under .45
[08:00] {Threei} aggressive entry possible, half lot
[08:05] {Threei} finger on a trigger, waiting for NQ reversal
[08:07] {craigaudio} took aggressive entry on CECO. stopped out
[08:08] {craigaudio} not having the best day
[08:11] {Threei} AMZN .30 short
[08:11] {Threei} .56 stop
[08:12] {lklarson} out amgn 1:1
[08:12] {dino} etg
[08:17] {magoo} out amgn .99
[08:18] {magoo} ty vad
[08:18] {magoo} 2 for 4
[08:18] {Threei} welcome... not much readable out there so far
[08:19] {magoo} my fautl..i jumped AZPN..and missed sina
[08:19] {dino} tbsi s .88
[08:20] {Threei} SINA is my fault somewhat... I felt strongly that aggressive entry would work on it and hesitated to call it
[08:21] {magoo} and sina more my style...fast and furious
[08:21] {Roman} AVNR near high
[08:23] {dino} clrk s .57
[08:24] {dino} winn stopped
[08:26] {craigaudio} what about NUAN if breaks 16
[08:27] {Threei} I like it
[08:27] {Threei} desirable if stays abovce .90
[08:27] {craigaudio} but it could also form a double top on 5 mion chart if it doesnt break 16
[08:28] {craigaudio} so potential short too
[08:28] {Roman} SPTN thin on radar for a breakout
[08:29] {esemde} have a great day everyone!
[08:29] {Threei} take care esemde
[08:29] {DaveG} u2
[08:30] {craigaudio} nuan fired
[08:30] {lklarson} in nuan 16
[08:30] {Roman} NAPS
[08:31] {craigaudio} didnt get filled fully again
[08:31] {Threei} news?
[08:31] {Roman} NAPS Napster and Motorola Enter Unique Marketing Agreement for the US, UK and German Markets (4.24 +0.17)
[08:31] {Threei} in
[08:32] {Threei} needs to break .30
[08:32] {craigaudio} your in naps Vad?
[08:32] {Threei} yeah, stop under 4
[08:33] {Roman} The co and Motorola (MOT) announce a unique marketing agreement that will bring Napster's on demand music subscription service to mobile consumers.
[08:33] {Roman} AVNR high
[08:35] {Threei} stop to 4.09
[08:38] {Roman} AVNR looks pretty good
[08:42] {Roman} observing CAAS
[08:42] {Roman} reported earnings yesterday
[08:43] {Threei} come on NAPS, if this news can't move you, you are total dog
[08:44] {Threei} stop to .14
[08:45] {Threei} BRKR interesting
[08:45] {Threei} a bit late...
[09:01] {dptl} hellooooo.......... any one there/awake?
[09:01] {Threei} no
[09:02] {dptl} ok
[09:03] {craigaudio} stopped naps
[09:03] {craigaudio} prob quit for the day if next trade goes wrong
[09:10] {dino} l icfi .30
[09:11] {dino} .29
[09:18] {magoo} i can not stand the ANGST that we kreep having BIG up days and room has little to trade
[09:26] {Threei} that would be what, 100th time we go over this? :)
[09:26] {magoo} nah
[09:26] {magoo} but it sux
[09:26] {craigaudio} mnst
[09:26] {magoo} i feeling what rev shark writes about
[09:26] {craigaudio} news play
[09:27] {Threei} if you do one comparison, you will find intersting thing:
[09:27] {magoo} alot traders not majking $$ but all u see is RALLy
[09:27] {dino} whats the news
[09:27] {craigaudio} actually no news
[09:27] {Threei} you perform better on down or range days than you do on big up days
[09:27] {dino} ty
[09:29] {Roman} MNST Monster Worldwide spikes to session highs; strength attributed to chatter that co has pulled out of a conference, leading to renewed M&A speculation (47.17 +1.00) -Update-
[09:30] {dino} ty rfr
[09:30] {craigaudio} took a risk on mnst long +.25
[09:30] {dino} risk is my business
[09:30] {craigaudio} watch it fall back down once its declared nonsense
[09:31] {craigaudio} jeez should have held
[09:33] {craigaudio} MHK had a similar rumour the other day and went up only to come right back down
[09:39] {_davegroom} Now that it is slow I've got a question about sizing. Because I'm trading paper and not in the real market is it realistic to put in a lot say around 3000 shares in NUAN for example and hide it in a reserve num
[09:40] {Threei} sure
[09:40] {dino} fwiw, mostly i trade 700 lots
[09:40] {Threei} you can show 100 shares
[09:40] {Threei} with any actual number behind it
[09:41] {magoo} in level 2 settings right vad?
[09:41] {Threei} yes
[09:41] {Threei} Under General tab
[09:43] {_davegroom} Got the video btw
[09:43] {Threei} :)
[09:44] {_davegroom} thnx
[09:50] {dino} l ebay .oo
[09:58] {dino} cov tbsi .38, +.50, stopped icfi -.29
[09:59] {Threei} DRYS nonstop
[10:06] {craigaudio} stopped ebay
[10:06] {craigaudio} taking a break for hour
[10:07] {Roman} U.S. NAHB housing market index drops to 30 in May (consensus 33) from 33 in April - Reuters
[10:07] {Threei} DRYS fast selling under .50 for bounce
[10:07] {Roman} CTIB animal
[10:12] {craigaudio} GM motors
[10:14] {magoo} vad, u take DRYS?
[10:15] {Threei} no... wanted it under .50 on sharp vertical drop
[10:16] {Threei} be back in 15
[10:19] {Roman} ALKS spike
[10:35] {Threei} FRPT over .60 is half lot long with stop under .40 or short under .40 with stop above .60
[10:35] {Threei} scalp only
[10:43] {Threei} .74 short DRYS small shares, stop .95
[10:46] {dino} ebay stopped -.22
[10:47] {Threei} .39 short BRCM with .51 stop
[10:52] {dino} shfl s .74, stop .03
[10:53] {Threei} FRPT stop to .55
[10:54] {Chaeron} Television evangelist Falwell dies at 73 - LYNCHBURG, Va. - The Rev. Jerry Falwell, who founded the Moral Majority and built the religious right into a political force, died Tuesday shortly after being found unconscious in his office at Liberty University, a school executive said. He was 73.
[10:55] {Threei} BRCM stop to .47
[10:55] {magoo} hillary clinton suspect
[10:55] {Threei} lol
[10:55] {DaveG} lol
[10:56] {dptl} lol
[10:56] {craigaudio} BRCM still valid Vad?
[10:56] {craigaudio} just got back
[10:56] {Threei} it's NQ based play
[10:56] {Threei} if new stop at .47 is not tagged and NQ tuenrs down, it's an entry
[10:57] {craigaudio} ok what about DRYS and FRPT?
[10:58] {Threei} DRYS just triggered
[10:58] {Threei} FRPT is too far from entry
[10:58] {craigaudio} drys no possible for me short
[10:58] {craigaudio} thnks
[10:59] {Threei} it's questionable one anyway
[10:59] {Threei} did go over .95 before triggering
[10:59] {Threei} so kind of discretionary
[10:59] {craigaudio} aapl would have been a good NQ play
[11:00] {DaveG} aapl is evil
[11:00] {Threei} volume almost disappeared on NQ bounce
[11:00] {Threei} come on, reverse
[11:01] {Threei} {AAPL} hi Adam... errrr, Dave
[11:02] {DaveG} it is though
[11:07] {Threei} FRPT almost 1:1
[11:08] {Threei} withdrawing "almost"
[11:09] {Threei} BRCM stop to .41
[11:09] {Threei} not willing to lose money on it
[11:12] {Threei} BRCM 1:1
[11:13] {Threei} falwel, is this the guy who suggested to burn paris Hilton on a stake?
[11:14] {Threei} or brand her with burnt sign on her forehead
[11:14] {magoo} for real?
[11:14] {Threei} I think that's him... not 100% sure
[11:15] {Threei} unless that was an urban legend
[11:16] {dino} shfl stopped-.29
[11:16] {craigaudio} thnaks for that vad BRCM
[11:16] {Threei} welcome
[11:16] {magoo} nice pix vad
[11:17] {craigaudio} need to rein in my other sparadic trades to get consistent
[11:18] {Threei} I guess that was... looked at e-mail I read it in, doesn't look legit
[11:24] {Threei} DRYS hit 1:1 earlier too in case anyone went for it
[11:24] * Threei dislocates his shoulder trying to pat himself on a back
[11:25] {magoo} nice work
[11:25] {magoo} stick with it boss
[11:26] {Threei} OK, so no acknowledgment of 3:3 in a few minutes (except magoo whom I wholeheartedly thank), and no laugh at my another lame joke??
[11:26] {Threei} what is fella to do to wake you up
[11:26] {magoo} [14:16] {magoo} nice pix vad
[11:26] {magoo} [14:17] {craigaudio} need to r
[11:26] {magoo} [14:25] {magoo} nice work
[11:27] {Threei} read in brackets :)
[11:27] {magoo} i just wanted to give you more : )
[11:27] {Threei} cool, ty :)
[11:27] {Threei} oh, I know what is going to make me feel better
[11:27] * Threei slaps DaveG around a bit with a large trout
[11:28] {Threei} I think NQ is about done dropping
[11:29] {Threei} watching for bounce on it to sacalp BRCM on a long side
[11:29] {Threei} in
[11:29] {Threei} .18
[11:29] {magoo} out brcm here now .17 TY
[11:30] {Threei} very tight stop .14
[11:30] {Threei} welcome
[11:30] {Threei} here comes NQ bounce, right on que
[11:30] {Threei} let's see if BRCM follows
[11:31] {Threei} hey I have 1:1 {G}
[11:32] {_davegroom} what symbol is the NQ
[11:33] {craigaudio} have you taken 1:1
[11:33] {craigaudio} ?
[11:33] {Threei} no, 4 cents on 1L shares is not my idea of profiting :)
[11:33] {Threei} 1K
[11:33] {_davegroom} trying to add to my watch indicators
[11:34] {_davegroom} 1k?
[11:34] {Threei} if you have futures feed, it's something like /NQM7
[11:34] {craigaudio} mine neither vad
[11:34] {_davegroom} thnks
[11:34] {Threei} different somewhat with different brokers
[11:34] {Threei} 1K = 1000 shares
[11:34] {craigaudio} my TS feed is NQM07 dave
[11:34] {_davegroom} ha! go tya
[11:34] {Threei} also, that was a play for NQ reversal, not just verey little bounce
[11:35] {Threei} so, with 4 cents stop I am willing to give it a chance to play out
[11:35] {Threei} and so far NQ behaves
[11:36] {Threei} now, first who tells me what clued into the coming reversal gets permission to slap DaveG
[11:36] {craigaudio} was the prior pivot from the start of the day
[11:37] {Threei} well, by itself it's just something to watch
[11:37] {Threei} but main thing that made me do it was,
[11:37] {Threei} unlike all previous drops, this last one occured on decereasing volume
[11:38] {Threei} remember this comment during a bounce:
[11:38] {Threei} [14:00] {Threei} volume almost disappeared on NQ bounce
[11:38] {Threei} [14:00] {Threei} come on, reverse
[11:38] {Threei} on that drop around 14:25 - 14:30 opposite happened
[11:38] {craigaudio} not wanting to bounce though
[11:38] {Threei} things work or they don't
[11:39] {Threei} nothing is 100%, but method doesn't change
[11:39] {craigaudio} yes
[11:40] {Threei} bounce came, stalled, then re-evalution by all the participants led to trend continuation instead of reversal
[11:40] {dino} cov clrk .87, +.70
[11:40] {Threei} awww DRYS
[11:42] {magoo} NICE DINO
[11:42] {Threei} very
[11:42] {dino} lol
[11:48] {cosmo} good place for the market to hold ...imho
[11:48] {Threei} I don't look at DRYS
[11:48] {Threei} I don't look at DRYS
[11:48] {cosmo} but you stutter
[11:48] {Threei} not working...
[11:50] {_davegroom} should i short or should i long now...sounds like an 80's song
[11:51] {cosmo} 60's
[11:53] {Roman} SIMO short?
[11:54] {Roman} could bounce with NQ tho
[11:54] {Threei} tough call... no read
[11:57] {craigaudio} NQ still dropping
[11:57] {craigaudio} im short aapl .78
[11:59] {craigaudio} stopped
[11:59] {craigaudio} right i think thats me done for the day
[11:59] {DaveG} told ya it was evil
[11:59] {craigaudio} yes
[12:00] {craigaudio} see you all tomorrow guys.
[12:00] {magoo} bye craig
[12:01] {craigaudio} bye magoo. bye everyone
[12:01] {Threei} take care craig
[12:01] {lklarson} take catre craig
[12:01] {Threei} lkl, you did almost impossible
[12:02] {Threei} your typing is worse than mine
[12:02] {DaveG} lol
[12:02] {lklarson} hey, its rubbing off
[12:03] {lklarson} you need to insert a spal;l checjker
[12:03] {_davegroom} lol
[12:05] {Threei} I tried
[12:05] {Threei} after one day of working it vomited and quit
[12:06] {Threei} sent me an e-mail I am gesitant to quote, too
[12:06] {lklarson} lol
[12:08] {lklarson} well, we are no spelling bees,thats for sure, but as long as I can make out your setsup who cares
[12:09] {Threei} at least as long as I don't spell BRCM as BXMNF
[12:09] {lklarson} :)
[12:09] {Threei} for those newer in the game... BXMNF used to be symbol of infamous Bre-X
[12:10] {lklarson} sure theres a story behind that one, eh
[12:10] {Threei} and those who don't know what Bre-X was... you missed a LOT of fun
[12:10] {Threei} gold mines in Indonesia... bodies of chief geologists dropping off the choppers...
[12:11] {lklarson} thought it was something like that, lol
[12:11] {Threei} (or getting new face and drinking happily on some remore tropical beach ever since)
[12:13] {Threei} http://www.buyandhold.com/bh/en/education/history/2005/bre-x_1.html
[12:13] {Threei} night time read :)
[12:14] {lklarson} sure I wont fall asleep reading that one at night
[12:14] {Threei} http://www.buyandhold.com/bh/en/education/history/2005/bre-x_2.html
[12:14] {Threei} etc
[12:17] {Threei} Ok guys, leaving for my medical appointment, day 2
[12:17] {DaveG} take care
[12:17] {Threei} thank you all, be safe, see you tomorrow
[12:17] {lklarson} ok, take acre vad
[12:17] {dptl} thx vad good luck
[12:21] {dino} gl 3i
[12:22] {_davegroom} prayers and all fly out to ya
[12:49] {DaveG} have a good evening, may DE earnings be awesome
[12:50] {dino} tbsi s .60
[13:00] {dptl} good evening all
[13:00] {_davegroom} hasta la bye-bye!
[13:08] {magoo} good nite
Session Close: Wed May 16 00:00:00 2007
Monday, May 14, 2007
Realitytrader TradeLog - May 14, 2007
Session Start: Mon May 14 00:00:00 2007
Session Time: Mon May 14 00:00:00 2007
[05:53] magoo morning Rt
[05:53] DaveG morning
[05:54] Threei hi guys
[05:54] magoo : )
[05:54] Threei magoo :)
[05:54] DaveG :)
[05:54] Threei DNDN is kicking
[05:54] Threei dave :)
[06:01] craigaudio gm guys
[06:01] DaveG crtx may
[06:01] Threei craig :)
[06:02] craigaudio hi vad, crtx nice gap
[06:07] dino gm all
[06:08] Threei dino :)
[06:08] magoo myl moving down
[06:11] magoo FWLT put on 20 points in last 2 days, cramer calling it over 100, up 1.80 now, probably magnet to 100 today
[06:11] DaveG careful on that thing, it can really move
[06:11] Threei I'll say
[06:12] dptl good morning all
[06:13] Threei dp :)
[06:13] _ted123 Good morning
[06:14] Threei ted :)
[06:15] Threei guys, I'll have to leave 1 hour earlier today and several more days this week and next
[06:15] Threei medical appointments that can be scheduled at certain time only
[06:15] Threei (and no, don't hold your hopes high, they didn't find reliabkle treatment to schizo)
[06:17] craigaudio hope everything goes ok
[06:18] dino gl 3i
[06:18] Threei ty
[06:19] cosmo uh oh
[06:19] cosmo don't go where nesi went. 3i
[06:19] Threei lol
[06:21] esemde gm everyone...
[06:22] cosmo GERN pre mkt high = 8.03 fwiw
[06:22] magoo rev shark pick of week SYNL, may drive it
[06:22] Threei esemde :)
[06:24] gabby hi RT's
[06:25] _davegroom morning all!
[06:25] Threei gabby, dave :)
[06:25] cosmo SMTX
[06:25] cosmo 3.45 hi
[06:26] Roman GERN +7.6% (positive article in TheStreet.com),
[06:27] cosmo CRTX
[06:28] craigaudio F
[06:29] cosmo sorry to hear, craig
[06:29] craigaudio ?
[06:30] Threei lol
[06:30] cosmo bad grade?
[06:30] craigaudio lol
[06:31] Threei HHGP
[06:31] Threei small shares .50 long
[06:31] Threei .30 stop
[06:33] Threei AAPL .81 long half lot
[06:33] Threei .55 stop
[06:33] DaveG long aapl
[06:34] dino l rvbd .00
[06:35] _davegroom GROW showing signs of life
[06:35] Threei HHGP 1:1 and over
[06:35] craigaudio nice
[06:35] magoo beauty vad
[06:36] dino rvbd out .17
[06:36] craigaudio aapl stil valid
[06:36] Threei sure
[06:36] DaveG stop is .55
[06:36] Threei yup
[06:36] craigaudio cool. im in
[06:36] _davegroom HHGP wow
[06:37] craigaudio if aapl gets through 110 could rocket
[06:37] Threei HHGP 1:3... no excuse not to profit
[06:37] magoo rats
[06:38] esemde ALTI opinions?
[06:38] Threei no worky AAPL
[06:39] Threei tough call esemde... don't know
[06:39] craigaudio nope im stopped
[06:39] esemde will pas then
[06:39] magoo out HHGP .14, THANX vad
[06:39] Threei welcome :)
[06:40] magoo BEAUTY
[06:40] craigaudio crtx moving
[06:40] Threei ALTI is a serial disappointer
[06:40] craigaudio watch aapl rocket now
[06:40] Threei fails almost every time... every dog has its day of course
[06:40] esemde thanks Vad
[06:40] magoo u play AAPL alot graiger?
[06:40] Threei but to tell if this is that same day, tough one
[06:41] esemde how bout SCRX
[06:41] magoo cramer pushing ebay compaerable to amzn
[06:41] Threei .17 worth atry long iof not losing 25 anymore
[06:42] Threei AAPL volume dries up as approaches 110... more likely to fail again
[06:42] Roman CSIQ radar
[06:42] Roman reported today
[06:44] esemde SCRX 8:32AM Sciele Pharma announces "successful" completion of new sular formulation clinical trial program (SCRX) 24.07 : Co announces the successful completion of the clinical trial program for its new Sular formulation. The study results showed that the new Sular formulation is bioequivalent to Sciele's currently marketed Sular
[06:45] _davegroom HHGP digesting its moove? where to now?
[06:45] _davegroom move
[06:45] esemde lost 25 will just monitor
[06:46] Threei easy money is made on HHGP dave... let it be for now
[06:46] craigaudio trust me to get in appl and not hhgp
[06:46] magoo do NOT chase dave
[06:46] _davegroom thnx
[06:46] magoo we be out
[06:47] esemde EAGL up against highs
[06:47] magoo eagl soaring he he
[06:47] magoo FACT nuts
[06:48] magoo FACT vad
[06:48] Threei news?
[06:48] magoo dunno
[06:48] esemde JADE 1st pullback
[06:48] magoo going over 2
[06:49] Roman In connection with the investment, FACT also announced that Lee Fensterstock will be appointed Chairman and Chief Executive Officer and that Peter McNierney, currently President and Chief Executive Officer of First Albany Companies, will become President and COO.
[06:49] Threei ty
[06:49] magoo thanx roman
[06:49] magoo not in, careful. not great news
[06:49] Threei sounds like fluff to me too
[06:49] magoo me too
[06:50] Roman First Albany to receive $50 mln investment (1.60 ) : Co announces that it has entered into an agreement to recapitalize and receive a $50 mln equity investment from an affiliate of MatlinPatterson Global Opportunities Partners. This capital investment will provide First Albany with the resources necessary to accelerate its growth, build on its investment product and services strengths, and better meet the needs of its clients. In connection with the
[06:50] Roman FACT also announced that Lee Fensterstock will be appointed Chairman and Chief Executive Officer and that Peter McNierney, currently President and Chief Executive Officer of First Albany Companies, will become President and COO.
[06:50] Roman DSCO
[06:50] Roman high
[06:50] Roman PEIX looks good
[06:50] Roman reported earnings last week
[06:51] Threei AMAT
[06:51] Threei not eaxctly my favorite stock
[06:51] Threei but looks interestinbg for break
[06:51] Threei .15 long, 19.99 stop
[06:52] craigaudio long F @.81. stop at .71
[06:54] dino zolt
[06:55] esemde RFMD butting up against highs
[06:56] Threei CTIB
[06:56] Roman EGHT radar
[06:57] Roman CSIQ looking good
[06:58] Roman long 11.60 area, 1/3 size
[06:58] Threei AMAT stop to 20.05
[06:58] dino ibkr l .97
[06:59] craigaudio out F 1:1. indicators not saying higher for me now
[06:59] craigaudio (watch it break 9 now)
[07:00] Roman GCOM Globecomm Systems has significant leverage as it shifts to higher margin teleport business - CE Unterberg (12.66 -0.37)
[07:00] Threei 1:1 AMAT... you know the routine
[07:01] magoo what is this...........
[07:01] craigaudio im out amat.
[07:01] dino out amat +.17, ty vad
[07:02] Threei welcome
[07:02] craigaudio still in aapl vad?
[07:02] Threei ?
[07:02] gabby out AMAT 1:1 tks 3i
[07:02] Threei welcome gabby
[07:03] Threei wasn't AAPL stopped out like 5 years ago?
[07:03] magoo boy, if nes was here he'd be calling FACT 2.34 2.54 area today
[07:03] esemde futures not much help this morning
[07:03] craigaudio for me yes
[07:03] DaveG lol vad
[07:04] craigaudio thankfully called F right
[07:04] Threei you don't think I call different stops for you from what I apply myself? :)
[07:04] craigaudio well it ran down sharply when it stopped me and i know you have mental stops so might have still been in as it ran back up
[07:05] Threei it hit stop fair and square
[07:05] magoo boyz.boyz.behave
[07:05] Threei sometimes I refrain from stopping out when it's obvious shakeup
[07:05] Threei but this was not the case
[07:05] magoo do not make me do it
[07:05] * magoo slaps Threei around a bit with a large trout
[07:06] craigaudio CRYP look a good bounce on the daily chart
[07:06] craigaudio its on the 200ma. might shoot up off that as a swing trade
[07:07] dino ibkr stopped -.27
[07:07] esemde SPAR we have a bounce
[07:09] Roman NXXI prelim ($0.04) vs ($0.03) single est; revs $16.1 mln vs $5.10 mln single est (2.15 +0.01)
[07:09] Threei AMGN half lot short .85 if stays below 56
[07:10] Roman NXXI on radar
[07:10] Roman long off 2.20 small
[07:11] dino pets s .32
[07:11] Roman took some NXXI long 2.20
[07:12] craigaudio NQ below opening 5min range
[07:13] craigaudio AMGN doing me no frikin favours here
[07:13] esemde long apar 33.12 half stop 32.9
[07:14] Roman NQ going for new low
[07:14] Roman this may be big down day
[07:14] esemde thats SPAR sorry
[07:14] craigaudio yhoo collapse
[07:14] Threei wow, nice spike SPAR
[07:14] esemde will be out quick
[07:15] esemde out SPAR
[07:16] Threei good one
[07:16] Roman CSIQ trying again
[07:16] DaveG short aapl 109.40
[07:16] esemde Tks..
[07:17] Roman stopped NXXI -.07
[07:19] Roman CSIQ in for swing, looking for $17 on this one
[07:19] craigaudio nice headsup aapl daveG. im short at .49
[07:19] Roman got potential at least
[07:19] craigaudio looking for gap fill at least
[07:20] cosmo amat
[07:20] Threei you still in cosmo?
[07:20] dino mer s .96
[07:21] esemde Spar seems like the type of stock Vad that if the futures turn around it would go..yes..no..maybe?
[07:21] cosmo .24 stop
[07:21] Threei I think it lives in its own world today, esemde
[07:22] esemde because it fighting the futures now..
[07:23] Threei there is no connection between their charts... not as a follower, not as a salmon
[07:23] Threei so far it's independent stock
[07:23] esemde cool analigy...salmon thing
[07:24] Threei one of three
[07:24] * magoo slaps esemde around a bit with a large trout
[07:24] Threei sheep = follower
[07:24] Threei salmon = one that goes against the current
[07:24] dino pets stopped -.12
[07:24] Threei black cat = independent
[07:25] magoo magoo= ????
[07:25] esemde Ok I give up whats the large trout thing? have seen this periodically...how does one earn it?
[07:25] Threei AMGN trigger
[07:25] Threei 56.01 stop
[07:25] magoo sh amgn here
[07:25] cosmo trout enforce the house rules... right?
[07:25] Threei magoo gives them out as he sees fit
[07:26] esemde did I do good or not?
[07:26] magoo correctomumbo
[07:26] Threei you'll have to ask him... I can predict magoo no more than I can predict GOOG
[07:27] magoo hence maGOOG
[07:27] Threei rofl
[07:27] DaveG lol
[07:28] Threei there... who would expect sense of humor fvrom a man with trout
[07:28] DaveG lemme know when ya cover amgn mags
[07:28] magoo ok
[07:29] magoo something about a 1:1 or whatever, paging thru scalp any mkt bpook right now to learn concept quiick
[07:29] _davegroom vad u r with Genesis Securities?
[07:29] Threei yes
[07:29] Threei umm... with its arm that can serve canadians
[07:29] Threei but same software
[07:29] magoo bear capital
[07:30] _davegroom can you short GROW w out calling brkr
[07:30] Threei no GROW isn't in a short list
[07:30] _davegroom k
[07:30] magoo davegroom, may i ask personnal ?
[07:30] Threei rare case, usually genesis has shorts that not many do
[07:32] _davegroom guess i finally found one but still considering Gen
[07:32] magoo [10:30] magoo davegroom, may i ask personnal ?
[07:33] _davegroom need to get confortable w interface
[07:33] _davegroom yes
[07:33] magoo are u a newlyed or doggroomer?
[07:33] DaveG lol
[07:33] _davegroom lol
[07:33] magoo daver, i stoppping amgn flat .85
[07:33] DaveG he liked my nick
[07:34] _davegroom none of the above at this point
[07:34] magoo mkts losaing ground here
[07:37] cosmo they want AMAT tho
[07:37] Threei AMGN 1:1
[07:38] magoo dave, if IF amgn loses .50, lay out and cover .28 area
[07:38] DaveG k
[07:38] magoo do not let it go against u now...something wrong if reattacks our entry
[07:39] DaveG k
[07:39] craigaudio thanks magoo. im half out here and riding rest with you guys
[07:39] magoo vad, what page in scalp book u talk about 1:1??
[07:39] Threei you assume I can read
[07:39] craigaudio aapl not wanting to drop
[07:40] craigaudio thinking of scratching it here
[07:40] magoo i keep pushing vad for my morn slap...and he not cooperating
[07:40] DaveG covered amgn +.10
[07:41] esemde anyone stay with gern?
[07:41] Threei I am trying to restrain my violent instincts magoo
[07:42] cosmo good training
[07:42] esemde making a nice run here
[07:42] dino cov mer .80,.16
[07:44] dino amgn stopped flat
[07:44] Roman US EIA CHIEF says OPEC NEEDS TO BOOST OIL SUPPLY THIS SUMMER, NOT WAIT UNTIL ITS SEPT MEETING - Reuters
[07:45] cosmo was that an order?
[07:45] dino stunning
[07:46] craigaudio out half apple
[07:47] esemde VAD....GERN looks like a cup and hndle on my 2 min chart...from your book description yes..no..?
[07:48] Threei it's a toughie
[07:48] Threei overall, yes, but this is GERN
[07:48] esemde meaning?
[07:48] Threei it's a jumper that usually should be played as a momo stock, not a technical one
[07:48] Threei it's history is just that
[07:49] Threei moves on momentum, rarely obeys technicals
[07:49] cosmo squirly looking handle too
[07:49] esemde ok..
[07:49] dino ebay l .15, stop .98
[07:50] esemde took a nice run up
[07:53] cosmo GERN grins
[07:53] esemde holy ZOLT batman....tried entry at .50 didn't get in...
[07:53] esemde limit order should have been market
[07:54] dino mer l .85
[07:55] craigaudio not a big fan of market orders. its like a box of chocolates, u never know what price your gonna get
[07:55] Threei on thin stocks it's true
[07:55] esemde true.....and i had some bad ones for sure....
[07:56] dino supx
[07:56] Threei on liquidity monsters, ssuch as AMAT, you shouldn't get any significant difference if at all
[07:56] Roman CSIQ trying again
[07:56] craigaudio CRYP working out nice
[08:00] esemde are you in cryp craig?
[08:00] craigaudio yes +.81
[08:00] DaveG i came in 5th in the contest, making the Finals
[08:00] esemde nice...
[08:00] craigaudio small share size though. testing waters on approach
[08:01] esemde what were you looking for?
[08:01] cosmo Dave.. i need to see you on the podium sometime
[08:01] DaveG gonna try :)
[08:02] cosmo :)
[08:02] craigaudio strong stocks showing weakness. when the smart money starts accumulating
[08:04] Roman GOAM spike
[08:04] Threei GLBL interesting
[08:05] _davegroom saw that
[08:05] Threei 23 melting long trigger with .89 stop/invaliadting level
[08:06] dino xfml
[08:06] Roman PEIX working it
[08:08] esemde Vad would you go for breakout at 23 or wait to test of support at .95
[08:09] Threei I would as long as it holds above .90
[08:09] craigaudio out half CRYP a dollar
[08:09] magoo RIMM weak
[08:09] esemde ...get in at support?
[08:09] Threei well... personal decision, to get in aggressively close to support on regular way on a break
[08:10] magoo any news RIMM?
[08:10] esemde depends on market as well?
[08:10] craigaudio rimm could easily drop 3 dollar today. looking at 15min support area
[08:10] Threei right
[08:11] magoo mkt feels vulnerable here
[08:11] dino mer stopped -.25
[08:11] esemde thanks for answering my questions.....just trying to get into your way of thinking
[08:11] * magoo slaps esemde around a bit with a large trout
[08:12] esemde what.......whaaaaaaaa...... did I do?
[08:12] craigaudio was it dave who gave the aapl headsup earlier. you still in it? im looking at 108.77 target for second half
[08:12] DaveG im still short aapl
[08:13] Threei I am flattered by assumption I think
[08:13] dino vnda
[08:13] craigaudio wow vnda
[08:14] craigaudio i dont see news on it
[08:14] esemde after 7yrs of doing this....your way seems like only safe way to play the market...not in long enough to take big risks
[08:16] esemde am still swing trading...don't get me wrong....but am very very picky.
[08:17] esemde even then.........not the greatest results
[08:17] craigaudio possible short on GLBL if it breaks .84 Vad?
[08:18] Threei doesn't feel right somehow
[08:18] Threei not sure
[08:19] craigaudio k thanks
[08:20] magoo anyone still in amgn?
[08:20] craigaudio not me
[08:20] magoo i am, vad u?
[08:20] Threei no
[08:20] Threei 1:1 was it for me
[08:20] magoo ok
[08:21] magoo i was trying something different...trying toiget a little more
[08:22] craigaudio IIVI bounce if anyone dare
[08:24] Threei AMAT is 1: I lost count
[08:24] Threei rare move for this behemot
[08:25] Threei I'd start looking for short, this kind of stocks usually drops under its own weight
[08:25] Threei double top would be great
[08:27] craigaudio ttec taking a battering
[08:28] dino synl l .45
[08:34] DaveG covered aapl +.38
[08:36] esemde Vad...Zolt is back at that 36.50 am humming and hawing again...your opinion?
[08:37] craigaudio MA 60min head and shoulders?
[08:37] Threei it's so thin, hard to nail exact prices
[08:38] Threei lookms like resupmtion, or at leat bounce, yes
[08:38] Threei but to find right entry and stop is a challenge
[08:38] Threei AMAT back to high
[08:38] Threei if no new hagh, .54 is short trigger
[08:39] esemde opps have missed it agian .....I think this is a sign...
[08:42] craigaudio amat looks like triggering. not made new high for awhile
[08:42] Threei .63 stop
[08:42] DaveG caas
[08:43] magoo full ot
[08:44] Roman full lot what magoo?
[08:44] magoo amat vad
[08:44] dino onxx
[08:44] Threei with 7 cents stop... double for me
[08:46] dino rvbd l .17
[08:47] Threei decide already AMAT, are you coming or going
[08:48] magoo did it trigger?
[08:48] Threei no
[08:48] magoo thats what i thought
[08:48] Threei 1 cent from trigger, now 1 cent from invalidation
[08:48] Threei good, definbes the range better
[08:49] Threei invalidated
[08:53] craigaudio out quart aapl. broke the 109 area at last
[08:54] craigaudio thanks for the headsup earlier dave. ive found that aapl does like to fill the gap
[08:55] DaveG reshorted aapl
[08:55] craigaudio YM holding better than the NQ
[08:58] Threei LCAPA small shares short under .70 if holding below .80
[08:59] craigaudio strange one for you to pick vad
[09:00] Threei OK... PETM 33 short if stays under 33.20
[09:00] Threei less strange :)
[09:00] craigaudio :-)
[09:00] esemde CYPB thin but may go somewhere
[09:01] esemde up against highs
[09:01] dino out synl .94, +.49
[09:01] Threei half lot PETM
[09:01] _davegroom AMAT going off
[09:01] Threei a bit thin
[09:02] Threei let big bid at 33 melt befor you take position
[09:03] Threei LCAL invalidated
[09:03] Threei LCAPA
[09:06] _davegroom AMAT topping?
[09:07] _davegroom (not in it)
[09:07] Threei I am very tempted
[09:07] Threei no clear indications yet though
[09:08] craigaudio added to aapl short on the bounce
[09:10] craigaudio difficult to short AMAT esp when its been defying the NQ
[09:10] Threei either it gives readable setup or not
[09:12] craigaudio KEM daily pullback to support.
[09:13] dino ebay stop to b/e
[09:15] DaveG we need a naz drop for this craig
[09:15] craigaudio if i crouch down behind him you push
[09:16] DaveG lol
[09:16] Threei lol
[09:16] craigaudio well the add has worked for once. adding to a postion i find the most difficult proposition
[09:16] dino ebay out +.03
[09:16] DaveG me too
[09:17] DaveG pppuuuuuuuuuuuuuusssssssssshhhhhhhhhh
[09:17] Threei where do you add to position, craig?
[09:17] Threei when it moves in your favor, or against you?
[09:18] craigaudio 109.02. i was trying to hold out for .10 but didnt think it was going to reach and it didnt
[09:18] Threei no, I mean in general, as a strategy
[09:18] craigaudio id add on a pullback if long
[09:18] _davegroom Kind of hard to short AMAT since its been in an uptrend for the most part...
[09:18] craigaudio or on a bounce if shorting
[09:19] Threei this very rarely works for me
[09:19] Threei I don't do that
[09:19] craigaudio although i have sometimes added on a break. usually if its a whole number
[09:19] magoo i add going up
[09:19] _davegroom got ya
[09:19] craigaudio you know i like that hocus pocus
[09:19] Threei if I go for partial entry in order to add later, it would be when a stock moves in my favor and defines next setup
[09:20] Threei kind of:
[09:20] Threei if a stock moves against me, I am not proved right yet, and closer to being wrong,
[09:21] Threei why would I want to increase my exposure.
[09:21] Threei If it proves me right, I may want to increase it
[09:22] DaveG let me make room in my corner craig
[09:22] DaveG :)
[09:22] craigaudio :-)
[09:22] craigaudio yes i see your view Vad. the other is to try to buy value
[09:23] craigaudio for me yet to get used to adding.
[09:24] craigaudio when i see a profit i like to take it. i think adding is a trade that takes experience
[09:24] craigaudio and confidence
[09:25] craigaudio MEE
[09:30] Threei come on PETM, trigger
[09:31] Threei stop would be .11 if sets up from here
[09:31] craigaudio people pressing the ejct on MEE
[09:32] Threei parachutes won't open
[09:33] craigaudio lol
[09:34] _davegroom in AMAT @ .59 w close stop .54
[09:34] craigaudio stopped aapl b/e
[09:35] _davegroom it seemed to like that
[09:37] Threei triggered PETM
[09:37] magoo in
[09:37] dptl missed
[09:37] craigaudio im trying MEE long 29.18 stop 28.88
[09:39] Threei 1:1
[09:40] craigaudio MEE: perhaps not. stopped
[09:41] Threei covered half at .90
[09:48] esemde I'm off have a great day everyone
[09:49] craigaudio bye
[09:49] magoo nice read PETM vad
[09:49] magoo bye ES:)
[09:50] craigaudio could BUCY short setup today?
[09:56] Threei under the low... yeah... jumpy
[10:01] craigaudio SNDA bucking the trend
[10:06] DaveG what trend
[10:08] craigaudio the NQ weakness
[10:10] craigaudio back later
[10:12] Threei interested in JCOM 32 long trigger
[10:12] Threei stop under .80
[10:15] dino out rvbd .40, +.23
[10:34] Threei GLNG half lot .11
[10:34] Threei stop 16.94
[10:43] Roman CAAS prelim $0.07 vs $0.04 single est; revs $28.4 mln vs $27.67 mln single est (7.59 +0.36)
[10:43] Roman CAAS radar
[10:46] dino dspg s .79
[10:49] dptl Vad did you get glng?
[10:52] Threei yes
[10:54] Threei but I really need something to keep me from falling asleep
[10:56] magoo any read CRTX vad
[10:56] dptl scotch?
[10:57] dino dspg stopped -/16
[11:00] Threei not really magoo
[11:01] Roman DRYS short
[11:02] Roman looking for small bunce to short
[11:03] Roman FED SURVEY-NOTABLE PERCENTAGE OF DOMESTIC BANKS REPORT WEAKER DEMAND FOR CONSUMER LOANS - Reuters
[11:03] Roman DOMESTIC BANKS REPORT WEAKER DEMAND FOR COMMERCIAL&INDUSTRIAL AND COMMERCIAL REAL ESTATE LOANS--FED - Reuters
[11:05] magoo mkt DOWN 23
[11:13] magoo vad, amgn setting up short off .85??
[11:13] Threei .80 rather
[11:13] magoo u like it?
[11:14] Threei only if stays below 56
[11:14] magoo ty
[11:17] Roman DRYS probably under $39
[11:29] craigaudio what have i missed guys?
[11:30] Threei good nap
[11:30] craigaudio lol cross trainer and diner actually. its 7.30pm
[11:30] craigaudio unless you were on about you
[11:31] magoo mkt trying to go green
[11:33] dino l rvbd .08
[11:34] Threei GLNG stop to 16.99
[11:34] Threei if breaks .15, trail to 17.04
[11:35] _davegroom 2:30 pm reversal
[11:35] _davegroom red?
[11:36] _davegroom dont know...
[11:41] magoo PRST?? vad
[11:42] craigaudio wow MEE. should never have tried the bounce on that
[11:43] DaveG prst
[11:44] Threei risky .77 long if stays above .60
[11:44] Threei PRST that is
[11:44] Threei otherwise, pullback play near 6.40
[11:45] Threei falling knife, craig... don't catch those unless you like your fingers curt
[11:45] Threei cut
[11:46] craigaudio yes. with the market as it is. was a silly move
[11:46] Threei such drop is the same in ay market
[11:46] Threei it's news induced selloff
[11:46] DaveG looks halted
[11:46] Threei wouldn't be any different in a bad market
[11:47] Threei in a bull I mean
[11:48] Threei if PRST breaks .80, trail stop to .64
[11:59] craigaudio yes i read the news afterwards. lesson learned. bounces like that should always check the story
[12:01] Threei with such vicious selloffs, always check the newzs
[12:01] Threei it could be something leading to a halt
[12:02] _davegroom DLLR worth ging after?
[12:02] _davegroom going
[12:02] Threei nah
[12:02] _davegroom sitting on my hands being patient
[12:02] dino pkoh s .24cov pkoh .00, +.24
[12:04] Threei now or never PRST
[12:11] _davegroom good call on DLLR
[12:11] dino out rvbd +.44
[12:15] Threei move stop PRST
[12:16] dino clzr
[12:16] Threei next spike I'd be out
[12:17] dino hl s .64
[12:17] Threei OK guys, leaving for my appointment
[12:17] Threei be good
[12:17] _davegroom new PRST stop?
[12:17] magoo good luck
[12:17] Threei [14:49] Threei if PRST breaks .80, trail stop to .64
[12:18] _davegroom best wishes
[12:18] Threei ty, I'll see you tomorrow
[12:18] Threei (hopefully)
[12:18] Threei if I am nopt here, you know medicine is not as advanced as they thouight
[12:27] DaveG gl vad
[12:34] dino cov clzr .40, +.24
[12:36] dino hl l mee .25
[12:42] dino out mee .65, +.40
[12:43] DaveG wtg
[12:44] craigaudio good job dino
[12:46] craigaudio anyone still in PRST? dumping it just before the close?
[12:46] dino ty craig
[12:47] _davegroom trying to keep the faith w paper $ on PRST
[12:47] dino veco bstop to .62
[12:49] _davegroom if i win it may not be the best lesson though
[12:51] dino fele
[12:53] dino veco bstop to .52
[12:54] dino cov veco +.17\
[12:59] dino thx all calling it a day
[13:00] _davegroom PRST break even
[13:01] dptl bye all
[13:01] _davegroom thanx all good night
[13:07] craigaudio bre
[13:07] craigaudio bye
Session Time: Mon May 14 00:00:00 2007
[05:53] magoo morning Rt
[05:53] DaveG morning
[05:54] Threei hi guys
[05:54] magoo : )
[05:54] Threei magoo :)
[05:54] DaveG :)
[05:54] Threei DNDN is kicking
[05:54] Threei dave :)
[06:01] craigaudio gm guys
[06:01] DaveG crtx may
[06:01] Threei craig :)
[06:02] craigaudio hi vad, crtx nice gap
[06:07] dino gm all
[06:08] Threei dino :)
[06:08] magoo myl moving down
[06:11] magoo FWLT put on 20 points in last 2 days, cramer calling it over 100, up 1.80 now, probably magnet to 100 today
[06:11] DaveG careful on that thing, it can really move
[06:11] Threei I'll say
[06:12] dptl good morning all
[06:13] Threei dp :)
[06:13] _ted123 Good morning
[06:14] Threei ted :)
[06:15] Threei guys, I'll have to leave 1 hour earlier today and several more days this week and next
[06:15] Threei medical appointments that can be scheduled at certain time only
[06:15] Threei (and no, don't hold your hopes high, they didn't find reliabkle treatment to schizo)
[06:17] craigaudio hope everything goes ok
[06:18] dino gl 3i
[06:18] Threei ty
[06:19] cosmo uh oh
[06:19] cosmo don't go where nesi went. 3i
[06:19] Threei lol
[06:21] esemde gm everyone...
[06:22] cosmo GERN pre mkt high = 8.03 fwiw
[06:22] magoo rev shark pick of week SYNL, may drive it
[06:22] Threei esemde :)
[06:24] gabby hi RT's
[06:25] _davegroom morning all!
[06:25] Threei gabby, dave :)
[06:25] cosmo SMTX
[06:25] cosmo 3.45 hi
[06:26] Roman GERN +7.6% (positive article in TheStreet.com),
[06:27] cosmo CRTX
[06:28] craigaudio F
[06:29] cosmo sorry to hear, craig
[06:29] craigaudio ?
[06:30] Threei lol
[06:30] cosmo bad grade?
[06:30] craigaudio lol
[06:31] Threei HHGP
[06:31] Threei small shares .50 long
[06:31] Threei .30 stop
[06:33] Threei AAPL .81 long half lot
[06:33] Threei .55 stop
[06:33] DaveG long aapl
[06:34] dino l rvbd .00
[06:35] _davegroom GROW showing signs of life
[06:35] Threei HHGP 1:1 and over
[06:35] craigaudio nice
[06:35] magoo beauty vad
[06:36] dino rvbd out .17
[06:36] craigaudio aapl stil valid
[06:36] Threei sure
[06:36] DaveG stop is .55
[06:36] Threei yup
[06:36] craigaudio cool. im in
[06:36] _davegroom HHGP wow
[06:37] craigaudio if aapl gets through 110 could rocket
[06:37] Threei HHGP 1:3... no excuse not to profit
[06:37] magoo rats
[06:38] esemde ALTI opinions?
[06:38] Threei no worky AAPL
[06:39] Threei tough call esemde... don't know
[06:39] craigaudio nope im stopped
[06:39] esemde will pas then
[06:39] magoo out HHGP .14, THANX vad
[06:39] Threei welcome :)
[06:40] magoo BEAUTY
[06:40] craigaudio crtx moving
[06:40] Threei ALTI is a serial disappointer
[06:40] craigaudio watch aapl rocket now
[06:40] Threei fails almost every time... every dog has its day of course
[06:40] esemde thanks Vad
[06:40] magoo u play AAPL alot graiger?
[06:40] Threei but to tell if this is that same day, tough one
[06:41] esemde how bout SCRX
[06:41] magoo cramer pushing ebay compaerable to amzn
[06:41] Threei .17 worth atry long iof not losing 25 anymore
[06:42] Threei AAPL volume dries up as approaches 110... more likely to fail again
[06:42] Roman CSIQ radar
[06:42] Roman reported today
[06:44] esemde SCRX 8:32AM Sciele Pharma announces "successful" completion of new sular formulation clinical trial program (SCRX) 24.07 : Co announces the successful completion of the clinical trial program for its new Sular formulation. The study results showed that the new Sular formulation is bioequivalent to Sciele's currently marketed Sular
[06:45] _davegroom HHGP digesting its moove? where to now?
[06:45] _davegroom move
[06:45] esemde lost 25 will just monitor
[06:46] Threei easy money is made on HHGP dave... let it be for now
[06:46] craigaudio trust me to get in appl and not hhgp
[06:46] magoo do NOT chase dave
[06:46] _davegroom thnx
[06:46] magoo we be out
[06:47] esemde EAGL up against highs
[06:47] magoo eagl soaring he he
[06:47] magoo FACT nuts
[06:48] magoo FACT vad
[06:48] Threei news?
[06:48] magoo dunno
[06:48] esemde JADE 1st pullback
[06:48] magoo going over 2
[06:49] Roman In connection with the investment, FACT also announced that Lee Fensterstock will be appointed Chairman and Chief Executive Officer and that Peter McNierney, currently President and Chief Executive Officer of First Albany Companies, will become President and COO.
[06:49] Threei ty
[06:49] magoo thanx roman
[06:49] magoo not in, careful. not great news
[06:49] Threei sounds like fluff to me too
[06:49] magoo me too
[06:50] Roman First Albany to receive $50 mln investment (1.60 ) : Co announces that it has entered into an agreement to recapitalize and receive a $50 mln equity investment from an affiliate of MatlinPatterson Global Opportunities Partners. This capital investment will provide First Albany with the resources necessary to accelerate its growth, build on its investment product and services strengths, and better meet the needs of its clients. In connection with the
[06:50] Roman FACT also announced that Lee Fensterstock will be appointed Chairman and Chief Executive Officer and that Peter McNierney, currently President and Chief Executive Officer of First Albany Companies, will become President and COO.
[06:50] Roman DSCO
[06:50] Roman high
[06:50] Roman PEIX looks good
[06:50] Roman reported earnings last week
[06:51] Threei AMAT
[06:51] Threei not eaxctly my favorite stock
[06:51] Threei but looks interestinbg for break
[06:51] Threei .15 long, 19.99 stop
[06:52] craigaudio long F @.81. stop at .71
[06:54] dino zolt
[06:55] esemde RFMD butting up against highs
[06:56] Threei CTIB
[06:56] Roman EGHT radar
[06:57] Roman CSIQ looking good
[06:58] Roman long 11.60 area, 1/3 size
[06:58] Threei AMAT stop to 20.05
[06:58] dino ibkr l .97
[06:59] craigaudio out F 1:1. indicators not saying higher for me now
[06:59] craigaudio (watch it break 9 now)
[07:00] Roman GCOM Globecomm Systems has significant leverage as it shifts to higher margin teleport business - CE Unterberg (12.66 -0.37)
[07:00] Threei 1:1 AMAT... you know the routine
[07:01] magoo what is this...........
[07:01] craigaudio im out amat.
[07:01] dino out amat +.17, ty vad
[07:02] Threei welcome
[07:02] craigaudio still in aapl vad?
[07:02] Threei ?
[07:02] gabby out AMAT 1:1 tks 3i
[07:02] Threei welcome gabby
[07:03] Threei wasn't AAPL stopped out like 5 years ago?
[07:03] magoo boy, if nes was here he'd be calling FACT 2.34 2.54 area today
[07:03] esemde futures not much help this morning
[07:03] craigaudio for me yes
[07:03] DaveG lol vad
[07:04] craigaudio thankfully called F right
[07:04] Threei you don't think I call different stops for you from what I apply myself? :)
[07:04] craigaudio well it ran down sharply when it stopped me and i know you have mental stops so might have still been in as it ran back up
[07:05] Threei it hit stop fair and square
[07:05] magoo boyz.boyz.behave
[07:05] Threei sometimes I refrain from stopping out when it's obvious shakeup
[07:05] Threei but this was not the case
[07:05] magoo do not make me do it
[07:05] * magoo slaps Threei around a bit with a large trout
[07:06] craigaudio CRYP look a good bounce on the daily chart
[07:06] craigaudio its on the 200ma. might shoot up off that as a swing trade
[07:07] dino ibkr stopped -.27
[07:07] esemde SPAR we have a bounce
[07:09] Roman NXXI prelim ($0.04) vs ($0.03) single est; revs $16.1 mln vs $5.10 mln single est (2.15 +0.01)
[07:09] Threei AMGN half lot short .85 if stays below 56
[07:10] Roman NXXI on radar
[07:10] Roman long off 2.20 small
[07:11] dino pets s .32
[07:11] Roman took some NXXI long 2.20
[07:12] craigaudio NQ below opening 5min range
[07:13] craigaudio AMGN doing me no frikin favours here
[07:13] esemde long apar 33.12 half stop 32.9
[07:14] Roman NQ going for new low
[07:14] Roman this may be big down day
[07:14] esemde thats SPAR sorry
[07:14] craigaudio yhoo collapse
[07:14] Threei wow, nice spike SPAR
[07:14] esemde will be out quick
[07:15] esemde out SPAR
[07:16] Threei good one
[07:16] Roman CSIQ trying again
[07:16] DaveG short aapl 109.40
[07:16] esemde Tks..
[07:17] Roman stopped NXXI -.07
[07:19] Roman CSIQ in for swing, looking for $17 on this one
[07:19] craigaudio nice headsup aapl daveG. im short at .49
[07:19] Roman got potential at least
[07:19] craigaudio looking for gap fill at least
[07:20] cosmo amat
[07:20] Threei you still in cosmo?
[07:20] dino mer s .96
[07:21] esemde Spar seems like the type of stock Vad that if the futures turn around it would go..yes..no..maybe?
[07:21] cosmo .24 stop
[07:21] Threei I think it lives in its own world today, esemde
[07:22] esemde because it fighting the futures now..
[07:23] Threei there is no connection between their charts... not as a follower, not as a salmon
[07:23] Threei so far it's independent stock
[07:23] esemde cool analigy...salmon thing
[07:24] Threei one of three
[07:24] * magoo slaps esemde around a bit with a large trout
[07:24] Threei sheep = follower
[07:24] Threei salmon = one that goes against the current
[07:24] dino pets stopped -.12
[07:24] Threei black cat = independent
[07:25] magoo magoo= ????
[07:25] esemde Ok I give up whats the large trout thing? have seen this periodically...how does one earn it?
[07:25] Threei AMGN trigger
[07:25] Threei 56.01 stop
[07:25] magoo sh amgn here
[07:25] cosmo trout enforce the house rules... right?
[07:25] Threei magoo gives them out as he sees fit
[07:26] esemde did I do good or not?
[07:26] magoo correctomumbo
[07:26] Threei you'll have to ask him... I can predict magoo no more than I can predict GOOG
[07:27] magoo hence maGOOG
[07:27] Threei rofl
[07:27] DaveG lol
[07:28] Threei there... who would expect sense of humor fvrom a man with trout
[07:28] DaveG lemme know when ya cover amgn mags
[07:28] magoo ok
[07:29] magoo something about a 1:1 or whatever, paging thru scalp any mkt bpook right now to learn concept quiick
[07:29] _davegroom vad u r with Genesis Securities?
[07:29] Threei yes
[07:29] Threei umm... with its arm that can serve canadians
[07:29] Threei but same software
[07:29] magoo bear capital
[07:30] _davegroom can you short GROW w out calling brkr
[07:30] Threei no GROW isn't in a short list
[07:30] _davegroom k
[07:30] magoo davegroom, may i ask personnal ?
[07:30] Threei rare case, usually genesis has shorts that not many do
[07:32] _davegroom guess i finally found one but still considering Gen
[07:32] magoo [10:30] magoo davegroom, may i ask personnal ?
[07:33] _davegroom need to get confortable w interface
[07:33] _davegroom yes
[07:33] magoo are u a newlyed or doggroomer?
[07:33] DaveG lol
[07:33] _davegroom lol
[07:33] magoo daver, i stoppping amgn flat .85
[07:33] DaveG he liked my nick
[07:34] _davegroom none of the above at this point
[07:34] magoo mkts losaing ground here
[07:37] cosmo they want AMAT tho
[07:37] Threei AMGN 1:1
[07:38] magoo dave, if IF amgn loses .50, lay out and cover .28 area
[07:38] DaveG k
[07:38] magoo do not let it go against u now...something wrong if reattacks our entry
[07:39] DaveG k
[07:39] craigaudio thanks magoo. im half out here and riding rest with you guys
[07:39] magoo vad, what page in scalp book u talk about 1:1??
[07:39] Threei you assume I can read
[07:39] craigaudio aapl not wanting to drop
[07:40] craigaudio thinking of scratching it here
[07:40] magoo i keep pushing vad for my morn slap...and he not cooperating
[07:40] DaveG covered amgn +.10
[07:41] esemde anyone stay with gern?
[07:41] Threei I am trying to restrain my violent instincts magoo
[07:42] cosmo good training
[07:42] esemde making a nice run here
[07:42] dino cov mer .80,.16
[07:44] dino amgn stopped flat
[07:44] Roman US EIA CHIEF says OPEC NEEDS TO BOOST OIL SUPPLY THIS SUMMER, NOT WAIT UNTIL ITS SEPT MEETING - Reuters
[07:45] cosmo was that an order?
[07:45] dino stunning
[07:46] craigaudio out half apple
[07:47] esemde VAD....GERN looks like a cup and hndle on my 2 min chart...from your book description yes..no..?
[07:48] Threei it's a toughie
[07:48] Threei overall, yes, but this is GERN
[07:48] esemde meaning?
[07:48] Threei it's a jumper that usually should be played as a momo stock, not a technical one
[07:48] Threei it's history is just that
[07:49] Threei moves on momentum, rarely obeys technicals
[07:49] cosmo squirly looking handle too
[07:49] esemde ok..
[07:49] dino ebay l .15, stop .98
[07:50] esemde took a nice run up
[07:53] cosmo GERN grins
[07:53] esemde holy ZOLT batman....tried entry at .50 didn't get in...
[07:53] esemde limit order should have been market
[07:54] dino mer l .85
[07:55] craigaudio not a big fan of market orders. its like a box of chocolates, u never know what price your gonna get
[07:55] Threei on thin stocks it's true
[07:55] esemde true.....and i had some bad ones for sure....
[07:56] dino supx
[07:56] Threei on liquidity monsters, ssuch as AMAT, you shouldn't get any significant difference if at all
[07:56] Roman CSIQ trying again
[07:56] craigaudio CRYP working out nice
[08:00] esemde are you in cryp craig?
[08:00] craigaudio yes +.81
[08:00] DaveG i came in 5th in the contest, making the Finals
[08:00] esemde nice...
[08:00] craigaudio small share size though. testing waters on approach
[08:01] esemde what were you looking for?
[08:01] cosmo Dave.. i need to see you on the podium sometime
[08:01] DaveG gonna try :)
[08:02] cosmo :)
[08:02] craigaudio strong stocks showing weakness. when the smart money starts accumulating
[08:04] Roman GOAM spike
[08:04] Threei GLBL interesting
[08:05] _davegroom saw that
[08:05] Threei 23 melting long trigger with .89 stop/invaliadting level
[08:06] dino xfml
[08:06] Roman PEIX working it
[08:08] esemde Vad would you go for breakout at 23 or wait to test of support at .95
[08:09] Threei I would as long as it holds above .90
[08:09] craigaudio out half CRYP a dollar
[08:09] magoo RIMM weak
[08:09] esemde ...get in at support?
[08:09] Threei well... personal decision, to get in aggressively close to support on regular way on a break
[08:10] magoo any news RIMM?
[08:10] esemde depends on market as well?
[08:10] craigaudio rimm could easily drop 3 dollar today. looking at 15min support area
[08:10] Threei right
[08:11] magoo mkt feels vulnerable here
[08:11] dino mer stopped -.25
[08:11] esemde thanks for answering my questions.....just trying to get into your way of thinking
[08:11] * magoo slaps esemde around a bit with a large trout
[08:12] esemde what.......whaaaaaaaa...... did I do?
[08:12] craigaudio was it dave who gave the aapl headsup earlier. you still in it? im looking at 108.77 target for second half
[08:12] DaveG im still short aapl
[08:13] Threei I am flattered by assumption I think
[08:13] dino vnda
[08:13] craigaudio wow vnda
[08:14] craigaudio i dont see news on it
[08:14] esemde after 7yrs of doing this....your way seems like only safe way to play the market...not in long enough to take big risks
[08:16] esemde am still swing trading...don't get me wrong....but am very very picky.
[08:17] esemde even then.........not the greatest results
[08:17] craigaudio possible short on GLBL if it breaks .84 Vad?
[08:18] Threei doesn't feel right somehow
[08:18] Threei not sure
[08:19] craigaudio k thanks
[08:20] magoo anyone still in amgn?
[08:20] craigaudio not me
[08:20] magoo i am, vad u?
[08:20] Threei no
[08:20] Threei 1:1 was it for me
[08:20] magoo ok
[08:21] magoo i was trying something different...trying toiget a little more
[08:22] craigaudio IIVI bounce if anyone dare
[08:24] Threei AMAT is 1: I lost count
[08:24] Threei rare move for this behemot
[08:25] Threei I'd start looking for short, this kind of stocks usually drops under its own weight
[08:25] Threei double top would be great
[08:27] craigaudio ttec taking a battering
[08:28] dino synl l .45
[08:34] DaveG covered aapl +.38
[08:36] esemde Vad...Zolt is back at that 36.50 am humming and hawing again...your opinion?
[08:37] craigaudio MA 60min head and shoulders?
[08:37] Threei it's so thin, hard to nail exact prices
[08:38] Threei lookms like resupmtion, or at leat bounce, yes
[08:38] Threei but to find right entry and stop is a challenge
[08:38] Threei AMAT back to high
[08:38] Threei if no new hagh, .54 is short trigger
[08:39] esemde opps have missed it agian .....I think this is a sign...
[08:42] craigaudio amat looks like triggering. not made new high for awhile
[08:42] Threei .63 stop
[08:42] DaveG caas
[08:43] magoo full ot
[08:44] Roman full lot what magoo?
[08:44] magoo amat vad
[08:44] dino onxx
[08:44] Threei with 7 cents stop... double for me
[08:46] dino rvbd l .17
[08:47] Threei decide already AMAT, are you coming or going
[08:48] magoo did it trigger?
[08:48] Threei no
[08:48] magoo thats what i thought
[08:48] Threei 1 cent from trigger, now 1 cent from invalidation
[08:48] Threei good, definbes the range better
[08:49] Threei invalidated
[08:53] craigaudio out quart aapl. broke the 109 area at last
[08:54] craigaudio thanks for the headsup earlier dave. ive found that aapl does like to fill the gap
[08:55] DaveG reshorted aapl
[08:55] craigaudio YM holding better than the NQ
[08:58] Threei LCAPA small shares short under .70 if holding below .80
[08:59] craigaudio strange one for you to pick vad
[09:00] Threei OK... PETM 33 short if stays under 33.20
[09:00] Threei less strange :)
[09:00] craigaudio :-)
[09:00] esemde CYPB thin but may go somewhere
[09:01] esemde up against highs
[09:01] dino out synl .94, +.49
[09:01] Threei half lot PETM
[09:01] _davegroom AMAT going off
[09:01] Threei a bit thin
[09:02] Threei let big bid at 33 melt befor you take position
[09:03] Threei LCAL invalidated
[09:03] Threei LCAPA
[09:06] _davegroom AMAT topping?
[09:07] _davegroom (not in it)
[09:07] Threei I am very tempted
[09:07] Threei no clear indications yet though
[09:08] craigaudio added to aapl short on the bounce
[09:10] craigaudio difficult to short AMAT esp when its been defying the NQ
[09:10] Threei either it gives readable setup or not
[09:12] craigaudio KEM daily pullback to support.
[09:13] dino ebay stop to b/e
[09:15] DaveG we need a naz drop for this craig
[09:15] craigaudio if i crouch down behind him you push
[09:16] DaveG lol
[09:16] Threei lol
[09:16] craigaudio well the add has worked for once. adding to a postion i find the most difficult proposition
[09:16] dino ebay out +.03
[09:16] DaveG me too
[09:17] DaveG pppuuuuuuuuuuuuuusssssssssshhhhhhhhhh
[09:17] Threei where do you add to position, craig?
[09:17] Threei when it moves in your favor, or against you?
[09:18] craigaudio 109.02. i was trying to hold out for .10 but didnt think it was going to reach and it didnt
[09:18] Threei no, I mean in general, as a strategy
[09:18] craigaudio id add on a pullback if long
[09:18] _davegroom Kind of hard to short AMAT since its been in an uptrend for the most part...
[09:18] craigaudio or on a bounce if shorting
[09:19] Threei this very rarely works for me
[09:19] Threei I don't do that
[09:19] craigaudio although i have sometimes added on a break. usually if its a whole number
[09:19] magoo i add going up
[09:19] _davegroom got ya
[09:19] craigaudio you know i like that hocus pocus
[09:19] Threei if I go for partial entry in order to add later, it would be when a stock moves in my favor and defines next setup
[09:20] Threei kind of:
[09:20] Threei if a stock moves against me, I am not proved right yet, and closer to being wrong,
[09:21] Threei why would I want to increase my exposure.
[09:21] Threei If it proves me right, I may want to increase it
[09:22] DaveG let me make room in my corner craig
[09:22] DaveG :)
[09:22] craigaudio :-)
[09:22] craigaudio yes i see your view Vad. the other is to try to buy value
[09:23] craigaudio for me yet to get used to adding.
[09:24] craigaudio when i see a profit i like to take it. i think adding is a trade that takes experience
[09:24] craigaudio and confidence
[09:25] craigaudio MEE
[09:30] Threei come on PETM, trigger
[09:31] Threei stop would be .11 if sets up from here
[09:31] craigaudio people pressing the ejct on MEE
[09:32] Threei parachutes won't open
[09:33] craigaudio lol
[09:34] _davegroom in AMAT @ .59 w close stop .54
[09:34] craigaudio stopped aapl b/e
[09:35] _davegroom it seemed to like that
[09:37] Threei triggered PETM
[09:37] magoo in
[09:37] dptl missed
[09:37] craigaudio im trying MEE long 29.18 stop 28.88
[09:39] Threei 1:1
[09:40] craigaudio MEE: perhaps not. stopped
[09:41] Threei covered half at .90
[09:48] esemde I'm off have a great day everyone
[09:49] craigaudio bye
[09:49] magoo nice read PETM vad
[09:49] magoo bye ES:)
[09:50] craigaudio could BUCY short setup today?
[09:56] Threei under the low... yeah... jumpy
[10:01] craigaudio SNDA bucking the trend
[10:06] DaveG what trend
[10:08] craigaudio the NQ weakness
[10:10] craigaudio back later
[10:12] Threei interested in JCOM 32 long trigger
[10:12] Threei stop under .80
[10:15] dino out rvbd .40, +.23
[10:34] Threei GLNG half lot .11
[10:34] Threei stop 16.94
[10:43] Roman CAAS prelim $0.07 vs $0.04 single est; revs $28.4 mln vs $27.67 mln single est (7.59 +0.36)
[10:43] Roman CAAS radar
[10:46] dino dspg s .79
[10:49] dptl Vad did you get glng?
[10:52] Threei yes
[10:54] Threei but I really need something to keep me from falling asleep
[10:56] magoo any read CRTX vad
[10:56] dptl scotch?
[10:57] dino dspg stopped -/16
[11:00] Threei not really magoo
[11:01] Roman DRYS short
[11:02] Roman looking for small bunce to short
[11:03] Roman FED SURVEY-NOTABLE PERCENTAGE OF DOMESTIC BANKS REPORT WEAKER DEMAND FOR CONSUMER LOANS - Reuters
[11:03] Roman DOMESTIC BANKS REPORT WEAKER DEMAND FOR COMMERCIAL&INDUSTRIAL AND COMMERCIAL REAL ESTATE LOANS--FED - Reuters
[11:05] magoo mkt DOWN 23
[11:13] magoo vad, amgn setting up short off .85??
[11:13] Threei .80 rather
[11:13] magoo u like it?
[11:14] Threei only if stays below 56
[11:14] magoo ty
[11:17] Roman DRYS probably under $39
[11:29] craigaudio what have i missed guys?
[11:30] Threei good nap
[11:30] craigaudio lol cross trainer and diner actually. its 7.30pm
[11:30] craigaudio unless you were on about you
[11:31] magoo mkt trying to go green
[11:33] dino l rvbd .08
[11:34] Threei GLNG stop to 16.99
[11:34] Threei if breaks .15, trail to 17.04
[11:35] _davegroom 2:30 pm reversal
[11:35] _davegroom red?
[11:36] _davegroom dont know...
[11:41] magoo PRST?? vad
[11:42] craigaudio wow MEE. should never have tried the bounce on that
[11:43] DaveG prst
[11:44] Threei risky .77 long if stays above .60
[11:44] Threei PRST that is
[11:44] Threei otherwise, pullback play near 6.40
[11:45] Threei falling knife, craig... don't catch those unless you like your fingers curt
[11:45] Threei cut
[11:46] craigaudio yes. with the market as it is. was a silly move
[11:46] Threei such drop is the same in ay market
[11:46] Threei it's news induced selloff
[11:46] DaveG looks halted
[11:46] Threei wouldn't be any different in a bad market
[11:47] Threei in a bull I mean
[11:48] Threei if PRST breaks .80, trail stop to .64
[11:59] craigaudio yes i read the news afterwards. lesson learned. bounces like that should always check the story
[12:01] Threei with such vicious selloffs, always check the newzs
[12:01] Threei it could be something leading to a halt
[12:02] _davegroom DLLR worth ging after?
[12:02] _davegroom going
[12:02] Threei nah
[12:02] _davegroom sitting on my hands being patient
[12:02] dino pkoh s .24cov pkoh .00, +.24
[12:04] Threei now or never PRST
[12:11] _davegroom good call on DLLR
[12:11] dino out rvbd +.44
[12:15] Threei move stop PRST
[12:16] dino clzr
[12:16] Threei next spike I'd be out
[12:17] dino hl s .64
[12:17] Threei OK guys, leaving for my appointment
[12:17] Threei be good
[12:17] _davegroom new PRST stop?
[12:17] magoo good luck
[12:17] Threei [14:49] Threei if PRST breaks .80, trail stop to .64
[12:18] _davegroom best wishes
[12:18] Threei ty, I'll see you tomorrow
[12:18] Threei (hopefully)
[12:18] Threei if I am nopt here, you know medicine is not as advanced as they thouight
[12:27] DaveG gl vad
[12:34] dino cov clzr .40, +.24
[12:36] dino hl l mee .25
[12:42] dino out mee .65, +.40
[12:43] DaveG wtg
[12:44] craigaudio good job dino
[12:46] craigaudio anyone still in PRST? dumping it just before the close?
[12:46] dino ty craig
[12:47] _davegroom trying to keep the faith w paper $ on PRST
[12:47] dino veco bstop to .62
[12:49] _davegroom if i win it may not be the best lesson though
[12:51] dino fele
[12:53] dino veco bstop to .52
[12:54] dino cov veco +.17\
[12:59] dino thx all calling it a day
[13:00] _davegroom PRST break even
[13:01] dptl bye all
[13:01] _davegroom thanx all good night
[13:07] craigaudio bre
[13:07] craigaudio bye
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