Tuesday, July 24, 2007

Trading Log July 24, 2007

Session Start: Tue Jul 24 00:00:00 2007

Session Time: Tue Jul 24 00:00:00 2007

[05:34] {cosmo} MVIS
[05:34] {cosmo} pre mkt salmon
[05:35] {BillyD} yes..morning cosmo
[05:35] {cosmo} BD:)
[05:39] {cosmo} NMRX gets FDA fat track for Alzeimers drug
[05:39] {cosmo} fast
[05:39] {cosmo} oops
[05:40] {cosmo} pre mkt high = 6.80
[05:40] {cosmo} NRMX ...sorry
[05:41] {DaveG} morning
[05:48] {magoo} mornink comrades
[05:48] {BillyD} dave, magoo
[05:49] {magoo} bones:)
[05:49] {Threei} Good morning RT
[05:49] {BillyD} vad
[05:50] {magoo} lord vader
[05:50] {magoo} whats the mvis news anyone?
[05:50] {cosmo} MVIS with MOT
[05:50] {DaveG} MVIS signed agreement with mot to develop pico projector for mobile applications
[05:51] {magoo} ty
[05:51] {Threei} billy, magoo :)
[05:52] {cosmo} GGBM again...
[06:04] {markweb} gm W.........s!
[06:04] {Threei} lol
[06:04] {Threei} doesn't help mark... we know what you wanted to say anyway
[06:04] {markweb} Vad:)
[06:06] {Threei} any reason for NQ dump?
[06:06] {markweb} AAPL?
[06:07] {Threei} {DaveG} evil
[06:07] {DaveG} exactamundo
[06:08] {dptl} good morning all
[06:09] {Threei} dp :)
[06:09] {BillyD} hi dp
[06:11] {cosmo} MICC
[06:11] {cosmo} Millicom Q2 core profit rises, just below forecast
[06:11] {cosmo} at Reuters (Tue 7:06am)
[06:11] {Threei} lol
[06:12] {Threei} rises... {traders hit buy button}... below forecast {sell button}
[06:12] {cosmo} 87 pivot?
[06:14] {Threei} beyond my risk tolerance
[06:14] {dino} gm all
[06:14] {Threei} dino :)
[06:15] {Threei} GGBM is not too hot
[06:15] {Threei} let it be for a while, then keep an eye on it for possible secondary interest
[06:17] {cosmo} UCTT: Ultra Clean Technology Reports Second Quarter Revenue and Earnings in Line with Guidance
[06:17] {cosmo} 14.75 pre mkt high
[06:18] {Roman} Gapping up on strong earnings/guidance: JDAS +13.6%, CPO +6.3%, DGX +6.1%... M&A: RPB +24.1% (RPB being acquired by Liberty Property Trust for $14.70/share)... Other news: MVIS +17.7% (signs agreement with Motorola to develop pico projector display for mobile applications), GGBM +10.3% (continued momentum following yesterday's 75%+ move higher), NRMX +10.0% (granted fast track designation from FDA for tramiprosate),
[06:24] {esemde} good morning everyone...back from Alert Bay BC
[06:24] {Threei} ese :)
[06:26] {esemde} Professional band 'The Midnights" had a great show up there sunday night
[06:26] {esemde} how did things go for everyone yesterday?
[06:27] {Threei} was nice day
[06:27] {Threei} mostly thanks to morning plays
[06:27] {Threei} and GGBM craze
[06:27] {esemde} another one of those 150% days
[06:28] {cosmo} utcc
[06:28] {cosmo} UCTT
[06:29] {Threei} MVIS dive
[06:29] {magoo} i have no charts, anyone else?
[06:29] {BillyD} yes I have them
[06:29] {magoo} what server?
[06:29] {Threei} chart server 2 here magoo
[06:29] {BillyD} 3 here
[06:30] {magoo} ty
[06:30] {Threei} 5.81 MVIS long
[06:31] {Threei} if loses 5.70, invalidated
[06:33] {BillyD} charts out here now
[06:33] {Threei} holding right around support still... maybe not hopeless yet
[06:34] {Threei} ugh... you are right
[06:35] {Threei} OK{ MVIS valid again but if loses .70 once again, forget it
[06:36] {Threei} that was one serious offer to take
[06:37] {magoo} in btw
[06:37] {Threei} yup
[06:37] {Threei} 1:1
[06:38] {Threei} seems capable of more
[06:38] {Threei} 09:37:26 ADMIN7 --} (All): Chart servers are being fixed now
[06:38] {BillyD} out mvis w/ scalp
[06:39] {magoo} my charts no work
[06:40] {BillyD} try 2 magoo
[06:40] {Threei} just went on
[06:40] {magoo} ok
[06:40] {magoo} ty
[06:41] {Threei} lost support
[06:41] {Threei} gewt out if you still have it
[06:41] {Threei} it can do anything from here
[06:41] {BillyD} not nice
[06:41] {Threei} no
[06:42] {BillyD} it wouldn't stop in premkt going up
[06:42] {Threei} well, they often pull back right before opening
[06:43] {BillyD} yes I went long 6.10 and it wouldn't budge was aout at .09
[06:43] {Threei} to digest such offer and be able to go up just 15-17 cents from there, that;s not a good sign
[06:43] {BillyD} no
[06:43] {BillyD} when I saw offer ...I'm like we in trouble
[06:44] {magoo} its shortable laserhds
[06:46] {Threei} 5.50 - 5.75 range
[06:46] {Threei} for short indication
[06:46] {Threei} hopefully forms new resistance, closer to trigger
[06:49] {Threei} GIGM?
[06:50] {dino} ew s .99
[06:50] {esemde} does 5.68/5.69 look like a good bystop on GGBM/
[06:51] {Threei} DNDN
[06:51] {Threei} 7.46 long for a scalp
[06:51] {Threei} stop under 7.30
[06:52] {Threei} not sure ese... hard to tell if there is any life in it still
[06:53] {DaveG} "It's ALIVEEEE"
[06:53] {dino} cov ew .69, +.30
[06:53] {DaveG} from Frankenstein
[06:53] {DaveG} oh nm
[06:54] {Roman} GGBM
[06:54] {Roman} in
[06:54] {Roman} 1/3 size
[06:54] {Roman} 5.68 area
[06:54] {Threei} wakes up
[06:54] {Threei} trades somewhat wierd though
[06:55] {Raven} Just came back from Jury Duty ... all 6 defendants pled guilty ... guess they saw me sitting there ...
[06:55] {Threei} wow
[06:55] {Raven} lock them all up !
[06:55] {Threei} Raven fixes the system siglehandedly
[06:55] {Raven} damn right
[06:56] {Threei} DNDN stop to .34
[06:56] {Roman} out 6.10 area
[06:57] {BillyD} gj RFR
[06:57] {Roman} ty
[06:57] {Threei} nice move, I couldn't read it
[06:57] {Threei} Raven... make sure you stay away from my parole hearing
[06:58] {dino} ntri blood
[06:58] {magoo} i wait .34
[06:59] {Roman} ASTI strange
[06:59] {Roman} up when others down
[06:59] {Roman} other solars i mean
[06:59] {dino} ntri hl l .66
[06:59] {BillyD} NRMX watching
[07:00] {Roman} NCST
[07:00] {dino} out ntri .25,
[07:00] {dino} +.56
[07:00] {Roman} long small NCST
[07:00] {Roman} 4.30
[07:00] {lklarson} gm all
[07:00] {cosmo} R:) ...you don't have to be the man to be the man
[07:00] {Roman} 1 spike
[07:00] {Threei} lkl :)
[07:00] {magoo} out dndn .58 here
[07:00] {magoo} ty vad
[07:00] {Threei} DNDN 1:1
[07:00] {Roman} out DNDN ty Vad
[07:00] {dino} i am the dog (dino)
[07:00] {Threei} welcome guys
[07:01] {Threei} had a feeling from yesterday this one should start showing sings of life
[07:01] {BillyD} same here Vad
[07:01] {dino} lkl where are you, i'm backkkk
[07:01] {Raven} cosmo ... uh, I guess
[07:02] {lklarson} lol, great!
[07:02] {Roman} YHOO Yahoo! pops 0.25 in past few minutes as renewed takeover chatter makes the rounds (25.10 +0.10) -Update-
[07:03] {magoo} out .34
[07:03] {magoo} GGBM
[07:03] {Threei} wtg
[07:04] {magoo} thanx roman i believe
[07:04] {Threei} you did a great job on GGBM guys, too bad I couldn't get a read on it
[07:04] {Roman} yeah, but how did u freaking know to exit here?
[07:04] {magoo} huh?
[07:04] {dino} mchx spikeroni
[07:04] {Roman} i am just jeleaous
[07:04] {Roman} :)
[07:04] {Threei} pssst Roman... he has magic dartboard
[07:05] {Threei} DNDN spike
[07:05] {magoo} well, look i took .58 dndn
[07:05] {magoo} MVIS botheres me
[07:05] {magoo} feels obver 6
[07:05] {Threei} don't scartch it
[07:06] {dino} easier to say, "lucky"
[07:06] {dino} embrace it...profits=luck, losses=skill
[07:06] {Roman} magoo, is one of the best damn flippers i know , i don't know how he does it, and did i tell you that "magoo" in russian means 'i can"
[07:07] {dino} lol
[07:07] {BillyD} so magoo is like the little choochoo train that could
[07:08] {Threei} lol
[07:08] {BillyD} goooooo magoooooooo
[07:08] {dino} \little???
[07:08] {BillyD} lol
[07:08] {Threei} Blaine the train
[07:08] {dino} choo choo magoo
[07:08] {dino} ok back to workl
[07:10] {magoo} ok.enough he he
[07:10] {Roman} just check it out Magoo exist stock dumps, unreal
[07:11] {Roman} he's is got a something, i do know what it is yet, but i'll find out
[07:11] {BillyD} timing w/ luck
[07:11] {Roman} :)
[07:11] {magoo} i'll tell u if u hand over that cheesecake
[07:11] {Roman} no way
[07:12] {BillyD} 41 min into day and talking food already
[07:12] {magoo} if .89 eats..over 6
[07:12] {Roman} how do u think i get my good looks (remember Ben?), cheesecakes man
[07:13] {cosmo} ben kanobi?
[07:13] {dino} low carb
[07:13] {Roman} RNIN high, low vol
[07:14] {Roman} EEEI Electro Energy to provide Hybrid auxiliary power technology to trucking industry (1.15 +0.07)
[07:15] {Roman} TLAB
[07:16] {magoo} i gotta ask vad...kick mvis hard
[07:16] {dino} epax, biib
[07:17] {Threei} that's a toughie magoo.. it may get a spark yet, you are right
[07:17] {magoo} keep kikkin
[07:17] {Threei} I would say, 5.86 for new long trigger
[07:17] {Threei} with 5.73 stop
[07:17] {magoo} i took .76
[07:18] {Threei} yes, just trying to provide a new read on it
[07:18] {magoo} and then asked for the feet
[07:18] {magoo} no read,...just keep kikkkin
[07:19] {Threei} sigh... I am demoted to muscleman
[07:19] {magoo} pretend its lenin and kik away
[07:19] {Threei} rofl
[07:19] {BillyD} or trading guru with magical system
[07:19] {Threei} hey... it worked
[07:19] {magoo} OUT .99 THANX
[07:19] {magoo} go rest
[07:19] {Threei} should I pretend it's stalin to take 6?
[07:20] {Threei} thank you
[07:20] {magoo} REST first...i'll call u
[07:20] {Threei} yes sir
[07:20] {esemde} long MVIS .88
[07:20] {Threei} for new entries, you have 1:1
[07:22] {BillyD} UCTT sneaking up
[07:22] {magoo} getting frenzy feel vad
[07:22] {Threei} foam at MVIS mouth
[07:22] {Threei} it's not an easy trader by any means
[07:24] {magoo} it trades alot like nvda
[07:24] {esemde} I think this has 6.50 potential range Vad
[07:25] {esemde} big blocks at 6.05/6.10 to get through
[07:25] {Threei} I don't like these downticks while such buying pressure is on
[07:25] {Threei} I don't think they necessary kill the trade, they just make it really hard
[07:25] {BillyD} it's always like a serious seller is lurking
[07:26] {BillyD} they want to sell and still keep the momos happy
[07:26] {magoo} we can short it iu know
[07:26] {esemde} I'm feeling the same way about the down ticks
[07:26] {magoo} GGBM again
[07:27] {esemde} I have the stop at .70 ....we'll see
[07:28] {Threei} yeah, it could be a shakeout before run
[07:28] {Threei} volume did go down on pullback
[07:28] {magoo} just saying...not saying i would
[07:29] {Threei} don't be so modest magoo, you are assigned 'I can" status by Roman
[07:29] {Threei} try and live up to it, will ya
[07:30] {magoo} what, oops, sorry, was looking in freezer for stoli...i think dino hid it
[07:31] {Roman} LOCM
[07:31] {magoo} MVIS has the feel
[07:31] {esemde} market isn't helping things though...it stand to go up..
[07:31] {Roman} VOCS low vol , breakout
[07:35] {Threei} any news LOCM?
[07:35] {Roman} not just buying bouncing a bit
[07:35] {Roman} no
[07:35] {Threei} ty
[07:36] {Threei} I'll stay away
[07:36] {Threei} treacherous thing ever since momo died on it
[07:36] {BillyD} true vad
[07:36] {Roman} BCOn strong today
[07:36] {Roman} BCON
[07:36] {BillyD} they are all treacherous when momo dies if stuck
[07:36] {magoo} got hammered afterhrs rfr
[07:36] {BillyD} LOCM beat up the believers
[07:37] {Threei} yeah but some allow for smooth stops,
[07:37] {Threei} LOCM doesn't
[07:37] {BillyD} it is nasty
[07:37] {Threei} you are wrong on BCON, you lose what you predetermined
[07:38] {Threei} you are wrong on LOCM, you lose couple hundred on top of what you planned
[07:38] {BillyD} slippage
[07:38] {magoo} oh shit........................................
[07:38] * magoo slaps DaveG around a bit with a large trout
[07:39] {Threei} magoo figured out what lacked in his life for the last few days I take it
[07:39] {esemde} stopped mvis .69 -.18 RATS....
[07:39] {magoo} niot my fault...my partbner dino sent me into the woods for 3 days
[07:40] {Threei} it's wierdo ese
[07:40] {Threei} scalping material, nothing more so far
[07:41] {dino} l leh .00
[07:42] {Roman} add CPST long swing
[07:45] {Threei} FRPT
[07:46] {Threei} .76 long if stays above .60, half lot
[07:46] {magoo} thats why j lo left roman...she wasn't into swingin
[07:46] {Roman} :)
[07:46] {Roman} SBEI
[07:54] {Roman} UCTT broke out
[07:54] {magoo} your FRPT valid again lord vader?
[07:56] {Threei} nah
[07:56] {Threei} forget it
[07:56] {magoo} forget what?
[07:56] {Threei} who are you?
[07:58] {Threei} ILMN bounce candidate
[07:58] {Threei} small shares
[07:58] {Threei} ugh, don't chase
[07:58] {Threei} jumped right after I typed
[08:00] {Threei} ALGN news?
[08:03] {Threei} LEND
[08:03] {Threei} nice dump
[08:03] {Threei} shortable... let's see if we get some bounce
[08:04] {magoo} 2 points wow
[08:04] {Threei} {LEND} what's bounce?
[08:06] {magoo} man..straight down
[08:08] {dino} ew s .99
[08:08] {dino} hl
[08:09] {esemde} nice job...who was in?
[08:09] {esemde} on LEND that is
[08:09] {dino} strange feeling, trick, and down
[08:09] {Threei} sheesh ALGN
[08:09] {Threei} things just don't look back
[08:10] {Threei} either up oer down, go straight where they want to go
[08:10] {dino} out leh +.04
[08:11] {BillyD} yeah...was hoping UCTT would pullback for entry
[08:13] {esemde} i've been watching that one as well Billy...
[08:14] {BillyD} I missed it over .70 and wouldn't chase
[08:14] {BillyD} this mkt has me guessing too much as to which ones might go or not go
[08:14] {BillyD} cautious
[08:14] {esemde} i missed it at .80
[08:14] {esemde} yes indeed cautious
[08:15] {BillyD} sometimes...too much is a hinderance
[08:15] {BillyD} balance
[08:19] {Threei} LEND big bounce
[08:19] {Threei} short time, half lot
[08:19] {BillyD} yup...UCTT keeps going
[08:20] {magoo} entry??
[08:20] {dino} vsec s .64
[08:20] {esemde} bit of a shame there Billy....
[08:20] {Threei} don't chase magoo
[08:21] {magoo} i just did...sh .77
[08:21] {magoo} where u in
[08:21] {Threei} .92
[08:21] {esemde} tring to invoke Vads lesson from last friday....and look at that with control and indifference...
[08:21] {magoo} try this ES................
[08:21] * magoo slaps esemde around a bit with a large trout
[08:23] {esemde} .....yep.....that works....
[08:23] {esemde} can think clearer now.....
[08:24] * magoo slaps esemde around a bit with a large trout
[08:25] {esemde} ....even better,,,,,
[08:25] * magoo slaps esemde around a bit with a large trout
[08:25] {magoo} i can go on and on..............
[08:25] {esemde} alright already....alright.....
[08:27] {esemde} I'm now waitin... on MVIS with the news it got...it could be a good swing trade
[08:28] {Threei} covering LEND
[08:28] {magoo} gggggggggrrrrrrrrrrrrrrrrrr
[10:31] *** Disconnected
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[10:31] *** Rejoined channel #discussions
[10:31] -admin- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
[10:41] {DaveG} novc
[10:54] {magoo} nvda short vad
[10:55] {Threei} no real read
[10:55] {Threei} it just jerks up and down
[10:56] {DaveG} no comment
[10:59] {DaveG} someone tell the mkt to just tank already
[11:00] {Roman} TWTI going nuts
[11:01] {DaveG} wow, sure is
[11:02] {Threei} I don't see any news on it
[11:02] {Threei} ?
[11:02] {Roman} no news yet
[11:02] {BillyD} no
[11:02] {Roman} that's the beauty
[11:02] {Threei} wow
[11:04] {dino} presentation ongoing
[11:07] {dino} hl s .00
[11:07] {dino} risky
[11:14] {dino} wtg magoo
[11:15] {dino} cov .40, +.60
[11:15] {magoo} nice
[11:15] {magoo} good exit
[11:19] {dino} nice alert rfr
[11:19] {dino} owe you a brew
[11:20] {dino} eurx
[11:23] {Roman} :)
[11:25] {Roman} i got a feel that market ready for correction 8% correction next 4 weeks
[11:25] {Roman} imo
[11:26] {magoo} so startv thinking short
[11:27] {magoo} whats uop ridiculous that gonna coirrect/
[11:27] {Roman} it's hard for scalpers to capitalize on a long -term outlook
[11:28] {LaserDave} still no news on TWTI?
[11:28] {Roman} i just wanted to share my opinion (don't want to keep things inside)
[11:28] {magoo} agree
[11:28] {Roman} no news on TWTI yet
[11:29] {dino} hl l trcr .20, stop .89
[11:29] {LaserDave} ok ty
[11:29] {LaserDave} that thing a bit wacky
[11:29] {dino} exbd blood
[11:31] {dino} conference call ongoing at yhoo
[11:31] {dino} twti
[11:39] {dino} trcr stop to .99, not working
[11:40] {dino} stopped w/slippage-.30
[11:51] {LaserDave} heres a lil blurb u guys might of already seen
[11:51] {LaserDave} but i post anyway
[11:52] {Threei} not that paris hilton confession again, dave
[11:52] {LaserDave} On CNBC, Cramer says would be buying Puts on every single homebuilder... thinks one of them could go bankrupt, thinks CFC qtr was qtr from hell
[11:52] {LaserDave} haha
[11:52] {LaserDave} Dow (-147) extends lower, making fresh session lows as CFC drops bomb on market saying home prices falling at rate not seen since Great Depression
[11:52] {magoo} cfc=cuntuckey fried chicken?
[11:52] {LaserDave} haha
[11:52] {LaserDave} u for real
[11:52] {Threei} lol
[11:52] {LaserDave} lol
[11:53] {Threei} magoo's associations are mostly food related
[11:53] {Threei} and I can't blame him
[11:53] {LaserDave} :)
[11:54] {cosmo} hmm...could be a good time to buy that house, but ...no matter
[11:55] {LaserDave} this is the scariest stock market
[11:55] {LaserDave} need to be so carefull on the long side
[11:55] {LaserDave} when the markets decide to really sell off it could get real real nasty
[11:56] {dino} cosmo thinking like dino, yeah, cfc only earned 485 mill this quarter
[11:56] {Roman} i am watching MAGOO trend, when magoo starts shorting i know it's over for the market
[11:56] {magoo} already shorting
[11:56] {magoo} short twti
[11:56] {Roman} if magoo sell, i better be out of this stock or market
[11:57] {dino} i am getting close to building a long swing in the investment banks
[11:57] {dino} fwiw, and it isn't worth much
[11:58] {cosmo} IYR
[11:59] {cosmo} for a bounce scalp
[12:03] {cosmo} .. on the daily
[12:13] {dino} little panic
[12:19] {dino} tasr l .92, stop lod
[12:20] {dptl} take care all have a good evening...:) talk to you tomorrow
[12:20] {magoo} bye dp
[12:21] {BillyD} bye dp
[12:21] {BillyD} bye magoo
[12:21] {dino} cya dp
[12:22] {dino} by magoo
[12:24] {Roman} long NQ small
[12:25] {Roman} i mean QQQQ
[12:25] {Roman} 49.26
[12:27] {Threei} TWTI
[12:27] {Threei} bounce soon most likely
[12:28] {Threei} fast selling under .50
[12:32] {Roman} Today after the close look for the following companies to report: RNT, AFL, AMZN, AMSG, BOBJ, CHRW, CAKE, EPIQ, HOKU, LCRX, MANH, NTRI, PNRA, PRAA, RFMD, STM, WBSN, and ZHNE.
[12:34] {Roman} out QQQQ -.04
[12:35] {Threei} missed bounce scalp, wanted it lower
[12:37] {BillyD} don't blame you
[12:37] {BillyD} I was looking for spike into .30 area
[12:38] {magoo} tbsi crushed..news}}????
[12:38] {dino} hl l tbsi .70
[12:38] {dino} risky
[12:42] {DaveG} gettin' a little nasty put there eh
[12:42] {DaveG} out
[12:50] {dino} out tasr .20, +.28
[12:51] {dino} out tbsi .30, +.60
[12:51] {Threei} wtg
[12:51] {BillyD} dino on fire
[12:52] {BillyD} I guess you just have to take a chance
[12:52] {Threei} we overdid in carefulness department wit TWTI eh Billy
[12:52] {Threei} 50 cents bounce
[12:52] {BillyD} as I watch the 33k bid at 7
[12:52] {dino} luxcky, and calling it a day, 3x over daily
[12:52] {BillyD} there was no vol spike at all
[12:53] {dino} mer l trig. at .75
[12:53] {dino} out mer .95, +.20
[12:54] {dino} ok now really done
[12:54] {lklarson} out twti +.49 thx boss
[12:54] {dino} gj lkl
[12:54] {lklarson} thx dino
[12:54] {dino} np
[12:55] {Threei} thank you all
[12:55] {Threei} have a great evening, see you tomorrow
[12:55] {lklarson} only trade today
[12:55] {Threei} winning?
[12:55] {Threei} oh, this last one
[12:55] {Threei} sorry
[12:55] {lklarson} yeo
[12:55] {Threei} better than poke in the eye
[12:55] {lklarson} lol, for sure
[12:55] {Threei} but I am hurt... you ingored my calls
[12:56] {Threei} I remove myself for some crying
[12:56] {Threei} see you tomorrow
[12:56] {lklarson} sorry, but been out all day
[12:56] {lklarson} just got back for one trade
[12:56] {Threei} doesn't matter engage "take winning calls" feature when you leave
[12:57] {lklarson} yep
[13:00] {lklarson} good night all
[13:11] {dino} later all
Session Close: Wed Jul 25 00:00:00 2007

Monday, July 23, 2007

Trading Log July 23, 2007

07/23/07 05:43:17 {DaveG} morning
07/23/07 05:58:51 {BillyD} morning dave
07/23/07 06:01:29 {markweb} gm winners!
07/23/07 06:02:01 {Threei} gosh, Mark wakes me up every morning with his enthusiastic fighting scream... :)
07/23/07 06:02:10 {Threei} good morning guys
07/23/07 06:02:16 {markweb} :)
07/23/07 06:02:23 {Threei} wow EFUT
07/23/07 06:02:24 {DaveG} morning vad!
07/23/07 06:02:30 {DaveG} :)
07/23/07 06:03:49 {Threei} great... now you got Dave to do the same
07/23/07 06:03:58 {DaveG} :)
07/23/07 06:04:03 {Threei} I have a feeling tou are waking up the moster, mark :)
07/23/07 06:04:12 {Threei} sheesh, my typing...
07/23/07 06:06:46 {DaveG} CALM gapping up on good earnings
07/23/07 06:13:20 {dino} gm all
07/23/07 06:13:32 {dino} thought mark was calling us wieners
07/23/07 06:13:43 {Raven} Morning it is
07/23/07 06:13:51 {Threei} dino, R :)
07/23/07 06:13:53 {DaveG} morning Raven Sir!
07/23/07 06:14:03 {Threei} hew was dino, he just misspeled it
07/23/07 06:14:05 {Raven} Dave !?!}{
07/23/07 06:14:12 {Raven} 3i :)
07/23/07 06:14:25 {markweb} :)
07/23/07 06:15:09 {DaveG} sorry, bit much coffee
07/23/07 06:15:42 * Raven slaps DaveG around a bit with a large trout
07/23/07 06:15:48 {Raven} that help ?
07/23/07 06:15:53 {DaveG} there we go
07/23/07 06:16:38 {Threei} well dave really... you lived through entire weekend without being trouted once (I assume)... it's time, isn't it
07/23/07 06:16:57 {DaveG} :)
07/23/07 06:17:08 {Threei} but fear not, we can incorporate special feature for you
07/23/07 06:17:17 {Threei} automatic trouting on entry
07/23/07 06:17:32 {Threei} if you get really really trout deprived,
07/23/07 06:17:34 {DaveG} that's ok, i'm good
07/23/07 06:17:36 {Threei} just connect the room for min
07/23/07 06:17:38 {DaveG} but thanks
07/23/07 06:17:52 {Threei} ok, whatever you want... but just say a word :)
07/23/07 06:17:59 {DaveG} the word
07/23/07 06:18:20 {Raven} that word
07/23/07 06:19:08 {DaveG} where the heck is mags
07/23/07 06:19:26 {dptl} good morning all
07/23/07 06:19:43 {Threei} dp :)
07/23/07 06:20:10 {Raven} hi dp :)
07/23/07 06:20:11 {cosmo} NCST
07/23/07 06:20:30 {cosmo} at pre mkt high = 6.5
07/23/07 06:20:32 {dino} other issues
07/23/07 06:21:03 {cosmo} 6.55
07/23/07 06:22:37 {magoo} mornink comrades
07/23/07 06:22:44 {Threei} magoo!
07/23/07 06:23:14 {magoo} :)
07/23/07 06:23:46 {Raven} hey magoo
07/23/07 06:24:55 {cosmo} LPNT
07/23/07 06:25:04 * DaveG slaps magoo around a bit with a large trout
07/23/07 06:25:17 {DaveG} morning mags!
07/23/07 06:25:54 {Threei} NCST was majot source of frustration on Friday
07/23/07 06:26:15 {Threei} moved big but never really showed that intention
07/23/07 06:26:32 {cosmo} LPNT Earnings Conference Call (live today at 10:00 am ET)
07/23/07 06:27:00 {cosmo} .. misses; warns
07/23/07 06:29:51 {magoo} how was friday vad?
07/23/07 06:30:20 {Threei} far from stellar
07/23/07 06:30:25 {cosmo} we had fish, magoo
07/23/07 06:31:58 {magoo} ole' fashion fish fry cos?
07/23/07 06:32:24 {BillyD} morning Vad,magoo, cosmo,dino
07/23/07 06:32:45 {Threei} Billy :)
07/23/07 06:32:48 {cosmo} BD:)
07/23/07 06:33:04 {cosmo} go diamond backs?
07/23/07 06:33:30 {BillyD} not a big baseball fan
07/23/07 06:33:36 {cosmo} good
07/23/07 06:33:50 {Raven} lol ... hi cosmo and BD
07/23/07 06:33:52 {cosmo} it died in the '90's
07/23/07 06:33:58 {BillyD} Raven :)
07/23/07 06:34:25 {Raven} died in the 50's I thought
07/23/07 06:34:49 {cosmo} ? ... 50's werre great
07/23/07 06:35:22 {Raven} baseball got boring after that
07/23/07 06:35:49 {cosmo} it got on TV
07/23/07 06:36:03 {Raven} maybe that was it
07/23/07 06:36:03 {magoo} pk, opsw, cmls, calm, efut, all gapping big and avail short to laserheads
07/23/07 06:36:18 {magoo} u watching any of them vad
07/23/07 06:36:24 {BillyD} CMLS merger fyi
07/23/07 06:36:32 {Threei} EFUT is extremely volatile, caereful with it
07/23/07 06:37:11 {Threei} CALM used to be a nice trader, somewhat jumpy but more orderly, let's see if it's still so
07/23/07 06:37:27 {BillyD} OPSW being bought by HP
07/23/07 06:37:50 {magoo} ok
07/23/07 06:37:57 {BillyD} nice spread CALM
07/23/07 06:38:05 {Threei} total yuck
07/23/07 06:38:50 {magoo} TASR up 2 ..news?
07/23/07 06:39:21 {BillyD} EPS
07/23/07 06:40:03 {magoo} oh, tasr great quater earnings
07/23/07 06:40:06 {Threei} NCST
07/23/07 06:40:14 {Threei} 5.90 is closest support
07/23/07 06:40:26 {Threei} let's see how it acts if loses 6
07/23/07 06:40:51 {Threei} if holding it, hard to see an entry
07/23/07 06:41:19 {Threei} high is a bit far from here, and anything inbetween is just throw-a-dice
07/23/07 06:41:54 {magoo} any read AMZN vad?
07/23/07 06:42:20 {Threei} .41 long half lot
07/23/07 06:42:24 {Threei} if holding above .20
07/23/07 06:44:42 {BillyD} NCST shortable
07/23/07 06:45:07 {Threei} thinking of 6 breakdown?
07/23/07 06:45:20 {BillyD} yes, but would like it too base first
07/23/07 06:45:31 {BillyD} otherwise jumpy
07/23/07 06:46:08 {Threei} worst thing about the way NCST trades is, it doesn't change pace on its way up or down
07/23/07 06:46:17 {BillyD} true
07/23/07 06:46:33 {Threei} can't get a feel for its probable direction
07/23/07 06:46:49 {Threei} that was what held me back on Friday on it
07/23/07 06:47:22 {Threei} GGBM?
07/23/07 06:48:30 {Roman} Gigabeam announces orders for deployment of co's wireless technology for U.S. metro market (2.80 ) : Co announces that it has received purchase orders for 24 additional WiFiber links from One Velocity, a telecom provider for the Western U.S.
07/23/07 06:48:34 {Roman} GIGM
07/23/07 06:48:39 {Roman} 23-Jul-07 03:09 ET
07/23/07 06:49:06 {Threei} ty
07/23/07 06:49:12 {Threei} GGBM is one of those
07/23/07 06:50:23 {Threei} can end up at 3 or at 8
07/23/07 06:50:35 {BillyD} so true
07/23/07 06:50:48 {BillyD} how lucky do you feel
07/23/07 06:52:51 {Threei} if 5.85 is taken we should see it in 7s
07/23/07 06:55:07 {dino} hl l gs .40
07/23/07 06:55:44 {Roman} VDSI on radar
07/23/07 06:58:06 {Threei} here goes GGBM... for really adrenalin deprived
07/23/07 06:59:30 {dino} out gs .10, +.70
07/23/07 07:00:32 {Threei} 6 is next indication, once taken, should post another quick jump
07/23/07 07:01:15 {cosmo} 666 next
07/23/07 07:01:28 {cosmo} 6.66
07/23/07 07:01:35 {magoo} sigh
07/23/07 07:02:09 {Threei} you in magoo?
07/23/07 07:02:45 {magoo} yes, .85
07/23/07 07:03:01 {Threei} control your risk... pleeease
07/23/07 07:03:01 {magoo} waiting .48
07/23/07 07:03:19 {BillyD} too early for me with such risk
07/23/07 07:03:21 {magoo} ok
07/23/07 07:03:30 {BillyD} waking up slowly
07/23/07 07:03:50 {Threei} well, billyu, when I say ""fopr adrenalin-deprived"" youi know it's really ""for magoo's eyes"" call
07/23/07 07:04:18 {magoo} out .45
07/23/07 07:04:20 {BillyD} well I took it and NCST already and finding I won't hold long enough
07/23/07 07:04:21 {Threei} wtg
07/23/07 07:04:23 {magoo} TY
07/23/07 07:04:28 {Threei} welcome :)
07/23/07 07:04:36 {magoo} nice read vad:)
07/23/07 07:05:09 {magoo} i felt the drop, quick change to .45 from .48
07/23/07 07:05:16 {Threei} TASR sells down like there is no tomorrow
07/23/07 07:05:41 {magoo} i wish it was shortable
07/23/07 07:05:52 {magoo} i mean for everyday
07/23/07 07:05:58 {magoo} alwasys falls back
07/23/07 07:06:17 {magoo} NCST interesting
07/23/07 07:06:20 {magoo} hard trader
07/23/07 07:07:49 {magoo} GGBM has ""the feel"" vad
07/23/07 07:08:00 {Threei} yes
07/23/07 07:08:30 {Threei} if takes .50
07/23/07 07:10:37 {magoo} in
07/23/07 07:11:28 {magoo} wait .97
07/23/07 07:12:06 {magoo} OUT
07/23/07 07:12:23 {BillyD} gj
07/23/07 07:12:49 {magoo} ty vad, billy:)
07/23/07 07:15:12 {dino} de s hl .53
07/23/07 07:15:16 {BillyD} ESMC might be trying
07/23/07 07:19:14 {cosmo} EVVV
07/23/07 07:21:28 {cosmo} 18.18 pre mkt high fyi
07/23/07 07:21:31 {BillyD} Vad....any read on ESMC
07/23/07 07:21:59 {Threei} 7.21 long with stop under 7.05
07/23/07 07:22:10 {BillyD} hard to read the pace
07/23/07 07:22:22 {Threei} yes, not an easy trader by any means
07/23/07 07:22:25 {BillyD} but seems like some buyer
07/23/07 07:22:40 {Threei} maybe under 7 is better stop
07/23/07 07:22:55 {BillyD} agree
07/23/07 07:23:14 {dino} cov de .03, +.50
07/23/07 07:23:19 {BillyD} nice dino
07/23/07 07:23:23 {dino} ty
07/23/07 07:23:32 {Threei} dino breaks the pattern
07/23/07 07:23:39 {Threei} starts making money in the morning
07/23/07 07:23:53 {dino} mkt must be changing
07/23/07 07:26:53 {Threei} just when I wanted to say 7.06 is nice aggressive entry ESMC, it jumped from there
07/23/07 07:27:22 {Threei} not now
07/23/07 07:27:30 {Threei} loikely to dive under 7
07/23/07 07:30:31 {BillyD} I shorted NCST earlier for pennies and it jumped up and now
07/23/07 07:30:44 {BillyD} just have to have some wider stops on it
07/23/07 07:31:11 {dino} size down go wider
07/23/07 07:31:27 {BillyD} yes dino...will have to put your move on it
07/23/07 07:31:33 {dino} dino's summer rule
07/23/07 07:32:59 {dino} aste jumping around a few bucks
07/23/07 07:33:21 {Threei} 6.50 break GGBM another opportunity, and is just as scary as before
07/23/07 07:33:46 {Threei} if not scarier
07/23/07 07:34:34 {Threei} FLIR, 50 break on daily
07/23/07 07:34:41 {Threei} small shares
07/23/07 07:35:02 {Threei} if holding above .80
07/23/07 07:35:11 {Roman} in TRBM
07/23/07 07:35:23 {Threei} news?
07/23/07 07:35:26 {Roman} another super small cap wireless play
07/23/07 07:35:28 {Roman} no news
07/23/07 07:35:33 {Roman} playing with GGBM
07/23/07 07:37:30 {cosmo} FOXH tests hod
07/23/07 07:37:35 {cosmo} soon
07/23/07 07:37:42 {cosmo} .79
07/23/07 07:39:14 {BillyD} Vad...FLIR buying at 50 or .01
07/23/07 07:39:29 {BillyD} vol low unfortunately
07/23/07 07:39:51 {Threei} doesn't really matter in this case
07/23/07 07:40:23 {BillyD} ok
07/23/07 07:42:01 {BillyD} in
07/23/07 07:43:51 {Threei} CIEN .25 long if stays above 40
07/23/07 07:51:13 {dino} gs hl l .15
07/23/07 07:51:44 {Threei} GGBM defining moment comes soon
07/23/07 07:51:53 {Threei} break of .50 or loss of 6
07/23/07 07:53:00 {cosmo} FOXH wants 24
07/23/07 07:53:08 {cosmo} i think
07/23/07 07:53:28 {cosmo} 27 ...sorry
07/23/07 07:53:58 {lklarson} out half cien
07/23/07 07:54:04 {lklarson} gm all
07/23/07 07:54:08 {Threei} hey lkl
07/23/07 07:54:25 {Threei} you adopted new approach I see... saying hi after first win
07/23/07 07:54:35 {lklarson} lol
07/23/07 07:54:45 {Threei} whatever works :)
07/23/07 07:54:51 {lklarson} yes:)
07/23/07 07:55:49 {magoo} is flir stopped?
07/23/07 07:56:02 {Threei} under .80 it is
07/23/07 07:56:12 {Threei} hit almost 1:1
07/23/07 07:56:19 {dino} out gs .75, +.60
07/23/07 07:56:52 {Threei} CIEN on a mission
07/23/07 07:56:56 {BillyD} stopped FLIR too much slippage
07/23/07 07:57:43 {Threei} that's why small shares
07/23/07 07:57:49 {Threei} jumpy thing
07/23/07 07:57:49 {lklarson} out second half cien, thx boss
07/23/07 07:57:56 {Threei} welcome
07/23/07 08:02:24 {Threei} CSCO nice move on a break, but this thing is so heavy, rarely does it hold gains
07/23/07 08:03:21 {dino} mfri spikey, thin
07/23/07 08:13:08 {Threei} anyone took GGBM?
07/23/07 08:13:20 {BillyD} I missed it
07/23/07 08:13:29 {magoo} i did
07/23/07 08:13:35 {Threei} OK, next play on it:
07/23/07 08:13:44 {Threei} aggressively here with stop under .50,
07/23/07 08:13:56 {Threei} reguraly, 7 break IF stays above .50
07/23/07 08:14:13 {Threei} toom profit or still in magoo?
07/23/07 08:14:15 {Threei} took
07/23/07 08:14:35 {magoo} not yet, waiting over 7y
07/23/07 08:15:49 {magoo} anyone still in CIEN?
07/23/07 08:17:03 {Threei} am not
07/23/07 08:17:31 {dino} hl l fcsx .64
07/23/07 08:17:35 {dino} risky
07/23/07 08:20:20 {dino} stop to .98
07/23/07 08:21:42 {dino} stop to .00
07/23/07 08:22:07 {dino} to .30
07/23/07 08:22:37 {dino} out .39, +.75
07/23/07 08:22:43 {Threei} wtg
07/23/07 08:23:00 {dino} lucky, but ty
07/23/07 08:24:06 {lklarson} stopped ggbm
07/23/07 08:40:24 {BillyD} testing one two
07/23/07 08:40:41 {Threei} test passed
07/23/07 08:40:49 {BillyD} we're alive
07/23/07 08:40:54 {DaveG} onxx
07/23/07 08:44:16 {Roman} MDII MDI awarded $600,000 security project from government contractor to provide products and services to departmental agency (1.06 -0.02)
07/23/07 08:47:22 {dino} aste close to hod
07/23/07 08:49:57 {dino} sm s aste .87
07/23/07 08:56:04 {magoo} .
07/23/07 08:59:20 {Threei} volatile one, may get push if volume arrives: LUNA
07/23/07 08:59:28 {Threei} Friday mover
07/23/07 09:08:05 {magoo} .
07/23/07 09:08:20 {Threei} good point magoo
07/23/07 09:08:22 {Threei} both actually
07/23/07 09:12:59 {dino} lol
07/23/07 09:13:17 {Threei} it's been a long while since DNDN had any news
07/23/07 09:13:28 {Threei} narrowed down, no volume
07/23/07 09:13:52 {Threei} keep it in mind, this is situation where sudden news can sparkle big move
07/23/07 09:14:49 {BillyD} GGBM trying a bit
07/23/07 09:15:05 {BillyD} too much overhead so far
07/23/07 09:15:25 {Threei} it will come alive only if momo returns
07/23/07 09:15:36 {Threei} no technicals work on this one
07/23/07 09:15:56 {Threei} not saying it's done
07/23/07 09:16:11 {BillyD} understand
07/23/07 09:16:26 {Threei} this kind often sits out some time, then finds new foot
07/23/07 09:16:29 {BillyD} ESMC hangs around...same sc enario
07/23/07 09:16:59 {Threei} yeah, with one difference
07/23/07 09:17:10 {Threei} ESMC doesa have technical indication
07/23/07 09:17:26 {Threei} over 7.20 is the only reason for me to consider the trade
07/23/07 09:17:42 {BillyD} get technical will ya
07/23/07 09:17:52 {dino} posh
07/23/07 09:17:54 {BillyD} just kidding...boredom
07/23/07 09:18:23 {Threei} CIEN trying again
07/23/07 09:18:56 {Threei} tough decision during lunch time
07/23/07 09:19:04 {Threei} breaks tend to fail more often than not
07/23/07 09:19:19 {BillyD} was just looking at clock
07/23/07 09:19:37 {dino} aste stopped -.42 sm
07/23/07 09:20:00 {BillyD} aste must be nasty asti's sister
07/23/07 09:20:07 {BillyD} both jumpers
07/23/07 09:20:51 {dino} lol'
07/23/07 09:21:20 {BillyD} saw aste earlier and the spread jumps and took oof my screen
07/23/07 09:21:53 {dino} good idea, could've scalped .20, but sm shares wanted more. oh well
07/23/07 09:29:23 {Threei} magoo, you still in CIEN?
07/23/07 09:29:40 {magoo} oh sorry, cut just now .05
07/23/07 09:29:42 {magoo} THANX
07/23/07 09:29:46 {Threei} wow
07/23/07 09:29:51 {Threei} wtg and congratulations
07/23/07 09:29:53 {magoo} a secondago
07/23/07 09:29:58 {Threei} amazing patience really
07/23/07 09:30:07 {magoo} for me...YES
07/23/07 09:30:23 {Threei} in this market, for anyone
07/23/07 09:30:37 {Threei} things wilt and die too easily
07/23/07 09:31:27 {magoo} yup
07/23/07 09:35:16 {dino} hmmm stld drop
07/23/07 09:43:18 {Threei} AAPL
07/23/07 09:45:32 {DaveG} evil
07/23/07 09:46:54 {DaveG} bwahahaha
07/23/07 09:49:53 {DaveG} dow highs
07/23/07 09:51:25 {Threei} keep an eye on JNPR
07/23/07 09:51:36 {Threei} if NQ resumes upward, it's a candidate
07/23/07 09:59:59 {Threei} trying to break
07/23/07 10:01:05 {Threei} in aggressively
07/23/07 10:01:10 {Threei} .99 stop
07/23/07 10:02:36 {Threei} come on NQ, help
07/23/07 10:04:37 {Threei} not much help so far
07/23/07 10:16:57 {magoo} i have appt at 1:30, will be back in hour
07/23/07 10:17:05 {Threei} hurry up
07/23/07 10:17:17 {Threei} it's bad enough we missed you half of last week
07/23/07 10:17:36 {Threei} dave almost cried
07/23/07 10:17:58 {Threei} {DaveG} almost?
07/23/07 10:19:09 {dino} i was enjoying the quiet
07/23/07 10:19:57 {Threei} ah come on... who is quieter than magoo
07/23/07 10:20:09 {magoo} ty vad : )
07/23/07 10:20:14 {Threei} always :)
07/23/07 10:21:56 {dino} wow aste
07/23/07 10:23:55 {magoo} GGBM
07/23/07 10:36:21 {dino} partial, s mfri .05
07/23/07 10:36:55 {Threei} we can assign status of multiple bloomer to GGBM
07/23/07 10:41:41 {Threei} JNPR no worky, out -.08
07/23/07 10:45:50 {Roman} FFHL
07/23/07 10:46:26 {Roman} popped a bit
07/23/07 10:51:13 {magoo} BACK
07/23/07 10:51:48 {magoo} miss me dave?
07/23/07 10:52:42 {DaveG} i did
07/23/07 10:56:28 {Threei} aime better next time dave
07/23/07 10:56:59 {Threei} with machine-gun the rule of thumb is, aim low, swing fast and smooth
07/23/07 10:57:15 {DaveG} yeah, tough to miss such a large target
07/23/07 10:58:32 {magoo} HEY
07/23/07 10:58:35 {DaveG} lol
07/23/07 10:58:46 {Threei} he just called you fatty magoo
07/23/07 11:00:34 {magoo} i know he did......what u gonna do about it vad (hint hint)?
07/23/07 11:01:40 {Threei} what ""I"" am going to do??
07/23/07 11:02:03 {Threei} that will be my question when he calls ME that
07/23/07 11:02:06 {BillyD} trout?
07/23/07 11:02:26 {Threei} at this point it's a question what THEE is going to do
07/23/07 11:02:42 * magoo slaps DaveG around a bit with a large trout
07/23/07 11:02:56 {Threei} whew... magoo IS back
07/23/07 11:03:00 {BillyD} I see GGBM went up
07/23/07 11:03:28 {Threei} and down
07/23/07 11:03:50 {BillyD} true...I was gone for a while
07/23/07 11:06:42 {dino} mfri stopped -.24
07/23/07 11:24:50 {magoo} vad, any read GGBM?
07/23/07 11:25:07 {Threei} lol... was looking at it too
07/23/07 11:25:14 {magoo} :)
07/23/07 11:25:24 {Threei} tough call
07/23/07 11:25:35 {Threei} kind of shot in the dark here
07/23/07 11:25:49 {BillyD} it's the only thing looking like it has any potential unfortunately
07/23/07 11:25:51 {Threei} overall, it feels to me not done yet
07/23/07 11:26:07 {magoo} wheres good bounce entry?
07/23/07 11:26:08 {Threei} but I would really prefer to have a confirmation
07/23/07 11:26:31 {Threei} last week we had too many of those dying with no recovery
07/23/07 11:28:12 {magoo} CIEN possible short?
07/23/07 11:28:49 {Threei} if loses .50
07/23/07 11:29:18 {Threei} hate the stop size though
07/23/07 11:29:25 {Threei} nearest resistance is .75
07/23/07 11:30:01 {Threei} ok, on this setback GGBM makes sesne as long as it holds .70
07/23/07 11:30:21 {BillyD} buy here??
07/23/07 11:30:33 {Threei} if you can get it as close to .70 that you are comfortable with stop size
07/23/07 11:30:40 {Threei} plus slippage
07/23/07 11:30:53 {BillyD} ok
07/23/07 11:31:54 {magoo} plus just playing nice
07/23/07 11:47:36 {magoo} needs totajke out .30
07/23/07 11:55:26 {Threei} CIEN stop .65 now
07/23/07 12:23:16 {Threei} serious setback GGBM
07/23/07 12:23:38 {Threei} I wouldn't touch it until it gets to 5.50
07/23/07 12:23:44 {Threei} and who knows even then
07/23/07 12:43:19 {Threei} dino, how's afternoon working for you?
07/23/07 12:44:00 {dino} not as well as morning, but still over daily, cut to hl's, only 3 trades in afternoon, 2/3
07/23/07 12:44:05 {dino} 1/3 i mean
07/23/07 12:44:57 {dino} hl s tbsi from .75, my last trade
07/23/07 12:45:04 {dino} working now
07/23/07 12:45:21 {Threei} to me morning was clearly easier today
07/23/07 12:45:30 {dino} agree
07/23/07 12:45:37 {dino} 4/4
07/23/07 12:56:39 {Threei} OK guys, today was distinctively better than last week
07/23/07 12:57:00 {Threei} either market become easier or we adjusted
07/23/07 12:57:20 {Threei} thank you all, have a great evening, let's extract some more out of it tomorrow
07/23/07 12:57:35 {dino} take care vad
07/23/07 12:57:39 {BillyD} thx Vad
07/23/07 12:57:44 {Threei} GGBM will be interesting tomorrow as well
07/23/07 12:58:20 {Threei} DND some buying
07/23/07 12:58:23 {Threei} DNDN
07/23/07 12:58:26 {DaveG} dndn
07/23/07 13:00:15 {dino} cov tbsi .45, +.30.
07/23/07 13:00:21 {dino} thats it for me, thx
07/23/07 13:03:42 {DaveG} have a great evening

Friday, July 20, 2007

Trading Log July 20, 2007

Session Start: Fri Jul 20 00:00:00 2007

Session Time: Fri Jul 20 00:00:00 2007

[07:48] {lklarson} stopped TASR
[07:54] {BillyD} Vad...is there a way to print the individual topics on your blog
[07:56] {Threei} you mean to get a page which contains single post, not the long scroll down page with many of them?
[07:56] {BillyD} yes
[07:56] {Threei} sure, use links on the right side to click on a post of interest
[07:56] {BillyD} got it thx
[07:56] {Threei} so instead of main page you get for instance
[07:56] {Threei} http://www.realitytrader.com/blog/2007/07/how-aggressive-are-you.html
[07:56] {Threei} which is asingle post
[07:57] {Roman} long GOLD small
[07:57] {Roman} long PAAS small
[07:57] {Roman} in pass 30.75 area
[07:57] {BillyD} just printed...thx
[07:59] {esemde} IBKR ..another MDCO}}???
[08:00] {Threei} good question... I have no way to read these moves, they come suddenly and end abruptly
[08:02] {BillyD} VVUS strong
[08:03] {Roman} out JASO flat
[08:07] {esemde} anyone ever seen the Shaker Flashlight....?? no batteries...you shake it and it charges itself...uses an LED light
[08:08] {esemde} my daughter has one for camp next week
[08:13] {dptl} got to leave early again....pretty ugly week for me.....will see how next one going to be...have a good weekend everyone see ya monday
[08:13] {BillyD} have a good one dp
[08:13] {esemde} see ya dp
[08:14] {Threei} that was simply ugly week dp
[08:14] {Threei} take care, see you on Monday
[08:14] {dptl} i think so
[08:17] {BillyD} watching MDCO here for possible break of .07...10 better confirmation...for maybe a slow drift up
[08:17] {Threei} PMCS?
[08:17] {BillyD} overall....day isn't enthusing
[08:17] {Threei} no
[08:18] {BillyD} nice daily PMCS
[08:20] {BillyD} again Vad, very good detailed explanation on aggressive entries
[08:20] {BillyD} reason behind them
[08:22] {Threei} ty
[08:29] {BillyD} NCST trying to set it seems....will take some very good volume imo
[08:40] {Threei} look at NVDA
[08:44] * BillyD passes Vad a tissue
[08:45] {Threei} thank you
[08:45] {BillyD} it's not fair
[08:46] {BillyD} the greatest paradigm shift for any trader is accepting this
[08:46] {BillyD} well...one of the greatest
[08:58] {esemde} I figure,,,,,the day can only go up from here....maybe?
[08:58] {Threei} hmmm
[08:59] {BillyD} that is what I tried w/ MDCO in at 18.59..out .47
[09:00] {BillyD} webnt lower
[09:03] {DaveG} mkt selling hard
[09:04] {BillyD} should get bounce near NDX 2020 area
[09:15] {esemde} well bouncing right up there NHWK...narrowly escape a stop loss...we.ll see
[09:16] {BillyD} I got a small one out of MDCO from .16 to .38
[09:17] {esemde} gj Billy
[09:17] {BillyD} thx ese...stop earlier on it
[09:19] {esemde} looking at GOOG, man you have to have alot of cash to play something like tha
[09:20] {BillyD} not sure it's the cash ese
[09:20] {esemde} close at $548.00 open at $511.00
[09:20] {BillyD} was 5.03 area AH yesterday
[09:20] {BillyD} 503
[09:20] {esemde} 1000 shs...37,000.00 dollar loss right off the bat
[09:22] {BillyD} to some that is nothing in the grand sheme of things...part of doing business
[09:23] {esemde} I guess huh.....
[09:23] {BillyD} yeah, it's all relative...way out of my league
[09:23] {esemde} me as well..
[09:38] {DaveG} .
[09:38] {Threei} POSH
[09:38] {Threei} lousy volume...
[09:38] {esemde} FMCN has agreat looking HAMMER on the daily chart....
[09:39] {esemde} looking good on a 1 min chart also
[09:41] {BillyD} NCST trying
[09:48] {esemde} SCMR monitoring....don't know if it has enough energy to push higher
[09:51] {esemde} bbby taking a shot at the highs
[09:51] {Threei} SCMR is way too narrow for my taste
[09:55] {Threei} NCST
[09:58] {esemde} that looks good
[10:03] {cosmo} gee... its a summer friday.... and its lunch time ....tell NCST
[10:03] {BillyD} yeah...I thought it was close to 4pm EST
[10:04] {cosmo} maybe in the Atlantic
[10:05] {cosmo} there seems to be one of these every day now
[10:06] {BillyD} thank goodness
[10:07] {BillyD} we would all fall asleep
[10:07] {cosmo} sleep is good
[10:07] {esemde} NCST up 130% whoaa!
[10:08] {Threei} most of it in the gap though
[10:13] {esemde} and once again, no follow through
[10:14] {BillyD} it seems good on pullbacks ese
[10:14] {BillyD} then again most do to me at least
[10:14] {BillyD} especially lately
[10:14] {BillyD} ese...have you read vad's latest blog post
[10:15] {esemde} no.....
[10:15] {esemde} what the topic
[10:16] {BillyD} please do....on advantages/disadvantages of aggressive entries or more importantl entries overall
[10:16] {esemde} will dofor sure...
[10:17] {BillyD} helps asses risk for personal levels
[10:18] {Threei} why do I expect the world to read that blog when people in this room don't... :)
[10:19] {BillyD} I even signed up for feed
[10:20] {BillyD} search engines should pick it up vad
[10:20] {Threei} they do
[10:20] {BillyD} yes
[10:20] {Threei} assignment for the weekend to all room members: go out, find 3 traders and make them read the blog
[10:20] {Threei} your reward is not getting trouted on Monday
[10:22] {Threei} except Dave
[10:22] {BillyD} go here Vad
[10:22] {BillyD} http://www.google.com/search?hl=en&rls=GGIC%2CGGIC%3A2006-49%2CGGIC%3Aen&q=aggressive+trade+entries+vad
[10:22] {Threei} who is getting trouted no matter what
[10:22] {BillyD} too funny
[10:23] {BillyD} under Andrea diary
[10:23] {Threei} what's that?
[10:23] {esemde} hey...wait a minute.....I just read it....
[10:23] {BillyD} did you go to link
[10:24] {Threei} This blog has been archived or suspended for a violation of our Terms of Service.
[10:24] {BillyD} Google search
[10:24] {Threei} http://thaliaandreasde.wordpress.com/
[10:24] {Threei} this is where it takes me
[10:24] {BillyD} taht I don't know but...it was something we were discussing
[10:24] {esemde} but i've read Vads book Techniques of tape reading twice and i believe those topics are covered around pages 110 or so.
[10:25] {BillyD} it doesn't take you to google??
[10:25] {Threei} I mean andrea diary link
[10:25] {esemde} Andrea......????? is there a picture
[10:25] {BillyD} I see....just showing the search engines picking up your blog
[10:26] {Threei} yes
[10:26] {esemde} aaannnnnddd?.......
[10:26] {BillyD} and our nicks under the Andrea link
[10:26] {BillyD} kinda of funny
[10:26] {BillyD} no pic ese
[10:27] {esemde} too bad.....
[10:27] {esemde} had my curiosity going....
[10:32] {esemde} AVCI...
[10:32] {BillyD} watching it
[10:35] {esemde} just glanced at NCST ...picking up steam...again
[10:35] {BillyD} I was slow on the .20 break
[10:35] {esemde} i missed it
[10:36] {Roman} OBCI high
[10:42] {esemde} all the selling must be done on GOOG and CAT
[10:55] {DaveG} ok, there's 3 daves here now
[10:55] {DaveG} aapl
[10:59] {esemde} NCST up 160%....man
[11:00] {Threei} one opf those... buy and faint for a few hours
[11:01] {BillyD} anyone disconnect Laser executor
[11:01] {Threei} yes
[11:01] * Threei slaps LaserDave around a bit with a large trout
[11:01] {BillyD} ty
[11:01] {esemde} is anyone in NCST....
[11:01] {BillyD} not here
[11:01] {Threei} I wish
[11:02] {esemde} Your self control Vad is impressive...you've probably seen a ton of these but you stick to your guns
[11:03] {Threei} for some of them you get a feel of imminent run-up
[11:03] {Threei} remember HOKU a week or so ago
[11:03] {esemde} yes
[11:03] {Threei} where I was very confident of it going to 14
[11:03] {esemde} yes
[11:03] {Threei} with this one, I just couldn't get any feel
[11:03] {Threei} it was not trading with that "foam at its mouth"
[11:04] {Threei} no change in pace as it went down or up
[11:04] {Threei} it's pace that gives you this feel
[11:04] {esemde} true
[11:04] {Threei} and NCST was just like a piece of crap floating up and down
[11:05] {Threei} so discipline simply comes to "trade what you can read"
[11:05] {Threei} and yes, discipline sometimes leaves with out in the cold while a stock moves big
[11:06] {esemde} It does take alot of self control to stay out though.
[11:06] {Threei} matter of experience... which is troubles you got yourself into and learned to stay away from
[11:07] {esemde} yes indeed....i still have some learning to do
[11:08] {Threei} here is the biggest trap market sets up for you:
[11:08] {Threei} RANDOM REINFORCEMENT
[11:09] {Threei} if you can tolerate little educational rant on such day, allow me 3 minutes on this
[11:09] {esemde} you bettcha
[11:09] {Threei} we are conditioned to learn in a more straightforward way
[11:09] {Threei} meaning, correct behavior is getting rewarded
[11:09] {Threei} and mistakes get punished.
[11:10] {esemde} yes
[11:10] {Threei} This way we acquire knowledge of what is correct and what constitutes mistake.
[11:10] {Threei} In market however it's not that simple.
[11:10] {Threei} It has a way of sometimes rewarding mistakes
[11:10] {esemde} true
[11:10] {Threei} and punishing for correct behaviour
[11:10] {Threei} Blow your stop,
[11:11] {Threei} decide to hold your position no mater what,
[11:11] {Threei} does it always mean you get detroyed?
[11:11] {Threei} Not necessary in some particular case.
[11:11] {Threei} You may get rewarded for this
[11:11] {Threei} as stock recovers making you whole.
[11:12] {Threei} Rewarding this mistake, market lures you into repeating it
[11:12] {esemde} definately
[11:12] {Threei} . Buy a stock at the spike
[11:12] {Threei} into vertical part of the chart
[11:12] {Threei} and you may get lucky as it proceeds even higher,
[11:13] {Threei} again, mistake is getting rewarded.
[11:13] {cosmo} gee...NCST wants 200%
[11:13] {Threei} Do the right thing, take tyour stop,
[11:13] {Threei} and watch stock reversing and proceeding to breakeven and higher
[11:13] {Threei} Correct behaviour is getting punished.
[11:13] {esemde} yes indeed
[11:13] {cosmo} born to suffer
[11:14] {Threei} Market luring you into abandoning the right way to act.
[11:14] {esemde} been there
[11:14] {Threei} If you get into especially bad period
[11:14] {Threei} kind of what we have right now
[11:14] {esemde} yes
[11:14] {Threei} where this kind of market reactions get repeated several times in a riow,
[11:15] {Threei} and temptation to abandon your rules may overtake common sense
[11:15] {esemde} can wipe you out
[11:15] {Threei} Next thing you know, odds take over
[11:16] {Threei} string of losses and missed profits turns out to be a cluster
[11:16] {Threei} (distribution of those things is not even, it can be clusteted)
[11:16] {Threei} and as cluster ends, you get back into normal market mode
[11:17] {Threei} but with acquired and reinforced bad habits
[11:17] {Threei} Next thing we hear from a trader who acts like this is,
[11:17] {Threei} no matter what I do, market finds the way to get me
[11:17] {Threei} I bet you heard this zillion times
[11:17] {Threei} and most likely thought it yourself at times
[11:17] {esemde} yes
[11:18] {Threei} I sure had, both
[11:18] {Threei} so what is poor peasan to do?
[11:18] {esemde} follow rules
[11:18] {Threei} 1. understand this random reinforcement thing
[11:18] {Threei} 2. follow rules
[11:18] {Threei} as frustrating as being punished for following them can be at times,
[11:19] {Threei} it will be rewarded in a,long run
[11:19] {DaveG} the long run
[11:19] {cosmo} when you short at just the right time?
[11:19] {BillyD} ty dave
[11:19] {Threei} comromise dave?
[11:19] {Threei} a long the run?
[11:19] {DaveG} :)
[11:19] {Roman} LUNA out of control
[11:20] {esemde} witty...
[11:21] {esemde} thanks Vad
[11:21] {Threei} always
[11:33] {Roman} SCOX pop
[11:47] {Roman} NWRE pop
[11:48] {esemde} i was disconnected for a few minutes
[11:51] {Threei} not like you missed a lot
[11:52] {Roman} LUNA
[11:53] {Roman} bouncer
[11:54] {Roman} NCST loosing 6
[11:54] {BillyD} NCST jumps by .15 which makes it difficult
[11:56] {Threei} closing your eyes helps
[11:58] {Threei} esemde, look dcc please
[12:00] {Roman} in LUNA 5 small
[12:08] {Roman} out LUNA
[12:09] {Roman} -.04
[12:20] {esemde} out NHWK .73 +.25
[12:20] {Threei} nice
[12:20] {Threei} esemde, look dcc please
[12:20] {BillyD} wtg ese
[12:28] {BillyD} just scalped NCST short for .20...
[12:28] {BillyD} couldn't post had to focus
[12:29] {BillyD} kleenex
[12:32] {Threei} lol
[12:33] {Threei} with such rate you are going to go through boxes of the stuff in a month
[12:33] {BillyD} I was finding myself chasing to caiver last little bit
[12:33] {BillyD} cover
[12:33] {DaveG} have a great weekend gang
[12:33] {Threei} bye dave
[12:33] {lklarson} u2 dave
[12:33] {BillyD} cya dave
[12:34] {BillyD} got to let the house money ride a tad bit longer
[12:34] {Threei} imagine someone frustrated by missing NCST, looking at LUNA spike, thinking "here is my chance to catch one of those runners" and buying closer to 6
[12:34] {BillyD} got caught in emotions for a moment
[12:35] {BillyD} been there many times Vad
[12:35] {BillyD} greed
[12:35] {BillyD} fear of loss
[12:35] {BillyD} there is always another trade around the corner
[12:37] {BillyD} Vad..I read Elder...Trading for Living...great book and he is also from Russia
[12:37] {BillyD} he is pretty direct
[12:38] {Threei} it has good bits and pieces, especially on psychology part
[12:38] {BillyD} yes
[12:38] {Threei} but the trading system itself, I wasn't terribly impresssed
[12:38] {Threei} although it doesn't really matter
[12:38] {BillyD} is that separate book
[12:38] {Threei} no, one described in it, three screens thing
[12:39] {Threei} anyway, not something to trip over, good book
[12:39] {Threei} system is sytem, each works out his own anyway
[12:40] {BillyD} true...I never read that part
[12:40] {Threei} if you focussed on general approach and psychology, you got the most valuable part of the book
[12:42] {BillyD} a friend gave me a huge box of trading books
[12:43] {BillyD} I threw out all the ones that had nothing to do with Psychology and approach
[12:43] {BillyD} which was most of them with Wade Cook being the most thrown out
[12:44] {Threei} oh lol
[12:44] {BillyD} and only read Psychology parts
[12:44] {Threei} there are good ones out there
[12:44] {BillyD} most solid books say same thing
[12:44] {Threei} zen in the market
[12:44] {Threei} trading in the zone
[12:44] {BillyD} no to zen
[12:45] {Threei} but mine is da best
[12:45] {BillyD} Ari Kiev...Trading in the Zone
[12:46] {Threei} ummm
[12:46] {BillyD} he pushes traders to take neccessary risks
[12:46] {BillyD} different from Douglas]
[12:46] {Threei} I refered to same title by douglas
[12:46] {Threei} kiev, I don't know
[12:46] {Threei} didn't resonate with me
[12:47] {BillyD} pretty good book
[12:48] {BillyD} anyway....the readings have helped my paradigm to change
[12:48] {BillyD} and now all you said for past ten yrs makes sense to me
[12:48] {BillyD} it wasn't a waste
[12:48] {BillyD} lol
[12:49] {BillyD} you can now enjoy weekend knowing you made a difference
[12:49] {Threei} lol
[12:50] {Threei} whew
[12:50] {Threei} that's a relief
[12:50] {BillyD} some of us just have thicker skulls than others
[12:50] {BillyD} you are a persistent pounder
[12:50] {BillyD} hehe
[12:51] {Threei} and I ewnjoy challenge
[12:51] {Threei} -w
[12:51] {BillyD} teaching this skill has to be at the top of challenges and patience
[12:52] {Threei} nah... you colect several pre-canned mesages, then spit them out as you see fit
[12:52] {BillyD} I see....detached observer approach
[12:53] {Threei} and if you picked wrong one for the topic diascussed, you persist and convince a listener that tyou still make sense, it's just he who doesn't see it
[12:53] {BillyD} lol
[12:53] {Threei} sometimes it helps to wake up during discussion
[12:53] {Threei} but it's not a requirement
[12:53] {BillyD} why not...they are lost anyway
[12:54] {Threei} sheesh... and all this goes into log and is availabe for reading by anyone
[12:54] {Threei} good thing noone reads those, lol
[12:54] {BillyD} I read some of them
[12:54] {Threei} I can see someone posting in a trading forum something like "trading coach confessions"
[12:55] {BillyD} lol
[12:55] {Threei} "snake oil revealed"
[12:55] {BillyD} yaeh...and this "Dave guy keeps getting trouted"
[12:56] {Threei} OK guys, obviously not the best week on memory
[12:56] {BillyD} forgetfulness ablessing
[12:56] {Threei} let's try to trade being awake next week
[12:56] {Threei} maybe it works
[12:56] {BillyD} cya and have a good one
[12:56] {Threei} have a good weekend, see you on Monday

Thursday, July 19, 2007

Trading Log July 19, 2007

Session Start: Thu Jul 19 00:00:00 2007

Session Time: Thu Jul 19 00:00:00 2007

[05:14] {DaveG} morning
[06:00] {Raven} Morning here also
[06:00] {Threei} and here
[06:00] {cosmo} still?
[06:00] {Raven} checking
[06:00] {Threei} R... remember we used to laugh about make-believe term "summer rally"?
[06:00] {Raven} oh yes
[06:01] {cosmo} i had one this morning, 3i
[06:01] {Raven} lol
[06:01] {Threei} sooner or later you'll see it all I guess, lol
[06:01] {Threei} lol cosmo
[06:01] {markweb} gm winners!
[06:01] {Raven} several times over actually
[06:01] {Threei} mark :)
[06:02] {Raven} hi mark
[06:02] {Threei} no kidding, I don't think I remember such determined move at the peak of of the summer
[06:03] {Raven} I'm too lazy to look but it has happened
[06:03] {cosmo} CLWR pre mkt high = 29.50
[06:04] {Threei} well, when I say I don't remember something, there re always two possible reasons
[06:04] {cosmo} JNPR pre mkt high = 29.30
[06:04] {BillyD} morning RT
[06:04] {Raven} BD :)
[06:04] {Threei} Billy :)
[06:08] {cosmo} AVCI
[06:09] {cosmo} ... needs to hold 10
[06:12] {Threei} SBEI gap
[06:14] {dino} gm all
[06:14] {Threei} dino :)
[06:14] {BillyD} dino :)
[06:14] {dino} gm 3i, billy
[06:18] {Raven} hi dino
[06:19] {dino} gm raven
[06:19] {dptl} good morning all
[06:20] {Threei} dp :)
[06:20] {BillyD} what stocks you focused on vad
[06:20] {DaveG} all of them
[06:20] {cosmo} avci usy
[06:20] {BillyD} lol
[06:20] {DaveG} :)
[06:20] {BillyD} morning dave
[06:20] {cosmo} busy
[06:21] {DaveG} morning billy
[06:21] {Raven} dp :)
[06:21] {BillyD} cosmo :)
[06:21] {BillyD} dp:)
[06:21] {cosmo} BD:)
[06:21] {Threei} before scanner starts spitting names, just usual suspects Billy
[06:21] {BillyD} ok
[06:21] {Threei} want to see how SBEI acts
[06:22] {Threei} this one can become a real runner if catches momo
[06:24] {esemde} good morning ladies and gentlemen....
[06:24] {Threei} ese :)
[06:25] {BillyD} ese:)
[06:25] {esemde} morning Vad...Billy...
[06:25] {cosmo} ladies and gentlemen....start your engines
[06:28] {cosmo} AVCI 10.77 high
[06:29] {esemde} FDRY up .59 had a stop loss on it yesterday at 17.00 but never hit it
[06:32] {Threei} in all-out break territory ese
[06:32] {Threei} good job
[06:32] {dino} wow clwr
[06:33] {esemde} this should go for a while
[06:35] {dino} l mer .95
[06:36] {Threei} NVDA .55 long, .39 stop
[06:37] {Threei} invalidated for now
[06:37] {BillyD} invalidated
[06:38] {cosmo} jnpr 30
[06:38] {BillyD} still in DRRX from yesterday....redefines turtle
[06:38] {dino} mer stopped -.25
[06:40] {Threei} sheesh JNPR
[06:40] {cosmo} gee...jumping jnpr
[06:40] {dino} mer rinse
[06:42] {BillyD} EMKR news
[06:42] {BillyD} ?
[06:43] {BillyD} tight range so far
[06:44] {Threei} CLWR big pullback
[06:45] {Threei} time for bounce it seems
[06:45] {Threei} small shares of course
[06:46] {Threei} finger on a trigger
[06:46] {dino} where, 29.50ish?
[06:46] {Threei} that would be nice
[06:46] {Threei} I guess dive under 31
[06:46] {dino} thats support imo
[06:47] {Threei} oh boy JNPR...
[06:48] {Threei} in CLWR
[06:49] {BillyD} good spot vad
[06:49] {dino} i was waiting too low
[06:49] {BillyD} I went at 30.91 and out 30.75 and .87 after drop....lucky
[06:50] {BillyD} too aggressive
[06:50] {dino} you animal
[06:51] {dino} whoa, just took a drink, thought it was coffee, but its tea
[06:51] {cosmo} discusting
[06:51] {Threei} JNPR
[07:01] {dino} and out at .70
[07:01] {BillyD} Vad...what you looking for in JNPR
[07:01] {dino} wicked
[07:01] {Threei} not sure honestly
[07:02] {Threei} looked ready to go back to high
[07:02] {BillyD} yes
[07:02] {Threei} now depends on what happens with this big offer
[07:02] {BillyD} buy it please
[07:03] {esemde} buy stop AVCI 11.51
[07:04] {esemde} filled .55
[07:05] {Threei} come on JNPR
[07:05] {BillyD} needs to take .75 now
[07:06] {Threei} cool beans
[07:07] {lklarson} gm all
[07:07] {Threei} lkl :)
[07:07] {Threei} RACK?
[07:07] {lklarson} nice:)
[07:09] {esemde} out AVCI .75 +.20
[07:09] {BillyD} stopped
[07:09] {lklarson} stopped jnpr
[07:10] {esemde} i'm looking at RACK
[07:15] {BillyD} SBEI moving but volume low earlier
[07:16] {Threei} SBEI is capable of surprizes
[07:18] {dino} alfa s .39
[07:23] {BillyD} AVCI won't quit
[07:24] {Threei} ALFA iwerdly immobile dino
[07:24] {dino} sm, risky, s clwr .99
[07:24] {Threei} it's not a buyout by any chance? :)
[07:24] {dino} yes alfa, takover bid is only 17.60
[07:24] {Threei} hmm
[07:25] {dino} things that make ya go hmmm
[07:25] {Threei} what business does it have to be trading at 18.40 then, lol
[07:25] {dino} exactly
[07:25] {Threei} is it cash offer?
[07:25] {dino} but, maybe somebody knows something i don't
[07:26] {dino} yes
[07:26] {BillyD} sometimes they think other offers/bidders will come in
[07:26] {Threei} wierd
[07:26] {Threei} that was my first thought billy,
[07:26] {BillyD} speculating
[07:26] {dino} announced yesterday, but now we are overthinking it, hard stop .61, let it trade
[07:26] {Threei} but in such case stock would be trading
[07:26] {BillyD} you mean moving
[07:27] {Threei} that too
[07:27] {Threei} there are not even trades really
[07:27] {Threei} 73K volume?
[07:27] {Threei} after yesterday's 2 mil
[07:27] {dino} fwiw i'm showing 110k
[07:28] {dino} potatoe, patato
[07:28] {BillyD} ty dino.....I agree with you
[07:28] {BillyD} I have noticed Genesis doesn't report all the volume
[07:28] {BillyD} have seen it side by side with other quotes
[07:29] {dino} hmmm, i use cyber, but they are wrong often too
[07:30] {BillyD} the Forbes article on ALFA offers insight
[07:31] {BillyD} my other shows 111K
[07:31] {BillyD} volume
[07:31] {dino} ok
[07:32] {esemde} AVCI...too bad we can't use the psychic thing....
[07:32] {Threei} so what forbes say billy?
[07:32] {Threei} don't waste your time or shirt the sucker?
[07:33] {Threei} short
[07:33] {dino} i must admit, you guys have put in more time than i on it
[07:33] {dino} clwr stopped -.41, 300
[07:34] {Threei} it keeps us from stupid trades dinom, we seem to be prone to them today
[07:34] {BillyD} basically.....investors think it warrants more more with analyst one year price tgt 19
[07:35] {dino} ty, s w/stop, thats where i'm at. will e out by eod
[07:35] {BillyD} a little more to it than that explanation
[07:35] {BillyD} would paste but on other PC
[07:35] {BillyD} on yahoo
[07:35] {Threei} ty
[07:36] {Threei} don't bother
[07:36] {Threei} dino is correct, it's not worth it :)
[07:37] {dino} gs to 210?
[07:38] {Threei} STLD
[07:39] {Threei} .60 long
[07:39] {BillyD} Vad.....on those Tech/tank float stocks.....how do you think you fare overall on them in win ratio %
[07:39] {Threei} gosh... I never tried to calculate that
[07:39] {BillyD} I don't seem to find a whole lot of success overall with them
[07:40] *** Disconnected
[07:54] {dino} the gut doesn't lie
[08:00] {BillyD} back
[08:01] {dptl} what was that
[08:01] {BillyD} not sure
[08:03] {esemde} am back,,,hmmm...computor shut down on me
[08:05] {Threei} server dump?
[08:05] {Threei} watching KLAC
[08:05] {BillyD} seems so
[08:05] {Threei} looks getting frenzied again
[08:06] {dino} got booted
[08:08] {Threei} KLAC is long with NQ move
[08:09] {Threei} no trigger on its own, watch NQ for a spike
[08:09] {Threei} to get KLAC on slight lag
[08:10] {esemde} No don't think so Vad....
[08:10] {dptl} got to leave......see ya all tomorrow
[08:10] {Threei} ?
[08:10] {Threei} take care dp
[08:10] {BillyD} bye dp
[08:12] {Threei} ese?
[08:13] {esemde} hi Vad
[08:14] {dino} aeti
[08:24] {dino} back, s avct.68, cov. 27
[08:25] {Threei} what the...
[08:25] {esemde} hi all back with you again,,,bizzare morning
[08:25] {Threei} no kidding
[08:25] {BillyD} Vad..you take KLAC on spike
[08:26] {Threei} no
[08:26] {BillyD} I did and just stopped
[08:31] {DaveG} .
[08:33] {dino} l cat .00
[08:38] {Threei} HOKU
[08:49] {dino} nvda l .50
[08:49] {Threei} what a swamp
[08:49] {BillyD} ty
[08:49] {Threei} I guess more active than usual firast half of summer got us spoiled
[08:50] {BillyD} someone turned out lights fast
[08:50] {BillyD} maybe just focus on stock specific for a while
[08:51] {Threei} need fresh crop of momo movers
[08:51] {BillyD} yup
[08:51] {Threei} previous one is out of gas
[08:51] {Threei} HOKU, LOCM, DNDN
[08:51] {Threei} all tired
[08:52] {DaveG} they are on vacation, they called to say that
[08:54] {Threei} TASR
[08:58] {dino} rdnt
[09:02] {Threei} does TASR have feeling of pre-frenzy?
[09:02] {BillyD} yes......but stock personality on B/O is factor for me
[09:03] {BillyD} but if hold s .80
[09:04] {BillyD} make sense vad
[09:06] {BillyD} we here
[09:09] {Threei} yes
[09:20] {BillyD} TASR is consolidating nicely so far
[09:22] {Threei} it has this feel of possible rally
[09:22] {BillyD} 17.25 resistance from week or so ago
[09:23] {BillyD} in 17
[09:26] {dino} wgov strong
[09:27] {Threei} feels right Billy
[09:27] {BillyD} you in
[09:27] {Threei} hard to twell if it's time for it or still preparations
[09:27] {Threei} yes
[09:29] {DaveG} .
[09:31] {dino} cbst s .84, stop .01
[09:31] {Threei} in SBEI half lot for a bounce scalp
[09:36] {Threei} debating betwen taking scalp and holding with .95 stop TASR
[09:36] {BillyD} out 1/4 TASR .13
[09:36] {BillyD} lol
[09:36] {Threei} TASR makes it easier for me... out half
[09:37] {BillyD} out 1/4 more here
[09:38] {dino} gj
[09:38] {esemde} mdco missed it but ....sure is moving
[09:38] {BillyD} out 1/4 more
[09:40] {BillyD} out full
[09:40] {Threei} traitor
[09:40] {BillyD} no chicken
[09:40] {Threei} mama mia MDCO
[09:40] {BillyD} just needed to book some profit for morale sake today
[09:40] {esemde} what is causing that!!!
[09:40] {esemde} news anyone
[09:41] {esemde} coming down just as hard
[09:42] {DaveG} sure is
[09:42] {Threei} offering TASR at .45
[09:42] {BillyD} gj
[09:43] {Threei} out .42
[09:44] {lklarson} out tasr +.39
[09:45] {Threei} wtg lkl
[09:45] {Threei} brightens the day
[09:45] {BillyD} nice
[09:45] {esemde} MDCO sure caught some poor buggar up there....down a buck from the high
[09:46] {lklarson} yes, thx
[09:46] {esemde} heading back up ...what a yo yo
[09:53] {BillyD} TASR trying to set up again
[09:53] {esemde} would there have been anyway to play MDCO Vad?
[09:54] {dino} cbst bstop to .67
[09:55] {dino} cov cbst .66, +.18
[09:57] {markweb} Dino, P.M Time:)
[09:59] {dino} indeed, :)
[10:00] {Threei} not sure ese... too crazy
[10:00] {Threei} was watching it to get a feel for 18.50 break when you first mentioned it,
[10:00] {Threei} then it just took off without warning
[10:04] {Threei} CSPI, another crazy one
[10:06] {BillyD} man...took TASR again at .51 and got hit
[10:06] {BillyD} tried to revenge trade it for not holding for more earlier
[10:08] {esemde} 9.95 by 10.20 spread.....thats crazy for sure
[10:08] {esemde} CPSI...
[10:11] {lklarson} out nvda +.25 thx dino
[10:12] {dino} lkl gj
[10:13] {dino} nvda stop to .70
[10:13] {dino} alfa bstop to .40
[10:13] {dino} not moving, lol
[10:14] {BillyD} lol
[10:14] {dino} out nvda .72, +.22
[10:24] {dino} feels like a rally coming
[10:28] {dino} alfa stopped
[10:28] {Threei} chaeron says high to everyone
[10:28] {Threei} his computer is fried
[10:28] {DaveG} hi ch!
[10:28] {Threei} he asked to say hello to raven and to slap davwe
[10:28] {DaveG} lol
[10:29] {Threei} soooo....
[10:29] {BillyD} lol
[10:29] * Threei slaps DaveG around a bit with a large trout
[10:29] {Threei} gosh, you didn't even try to duck
[10:29] {Threei} and I gave fair warning'
[10:29] {DaveG} :)
[10:30] {Raven} hiya Chaeron
[10:34] {Threei} move your butt SBEI
[10:46] {DaveG} [12:23] {dino} feels like a rally coming
[10:47] {DaveG} rock on dino
[10:48] {dino} :)
[10:51] {dino} out cat .25, +.25
[10:51] {dino} gotta hop for 30 mins., back around 2:30
[10:52] {Threei} DYII again or what
[10:56] {Threei} AKAM half lot .61 long
[10:56] {Threei} .40 support
[11:05] {BillyD} is DYII building
[11:06] {BillyD} for 9.40 break
[11:06] {BillyD} so risky
[11:06] {Threei} sure feels so
[11:07] {dino} back
[11:08] {dino} avct s .25
[11:10] {BillyD} with ya dino for scalp
[11:11] {dino} :)
[11:13] {Threei} DYII is totally capable of causing heart attack eh?
[11:14] {BillyD} absolutely
[11:14] {BillyD} watching MDCO
[11:16] {dino} supg s break of .50
[11:16] {BillyD} in MDCO small .09/.10
[11:22] {dino} morn
[11:24] {BillyD} out 1/2 mdco +.16 and rest ++.25
[11:25] {Threei} nice one
[11:25] {BillyD} thx
[11:25] {BillyD} TASR
[11:26] {dino} gj
[11:26] {BillyD} where's your stop avct .44 or .50 area
[11:27] {BillyD} if it gets some buying I might cover
[11:28] {dino} .51
[11:30] {_trader100} nice call Billy out MDCO +.34
[11:30] {BillyD} wtg
[11:30] {Threei} wtg t100
[11:31] {_trader100} thanx
[11:31] {dino} wtg
[11:31] {_trader100} thx
[11:37] * BillyD has kleenex out on MDCO
[11:44] {BillyD} TASR proves it can still shake folks
[11:46] {Threei} it made a big move
[11:46] {Threei} needs rest
[11:46] {Threei} most likely not done overall
[11:46] {Threei} but is for today
[11:46] {BillyD} it's in a nice recovery trend
[11:46] {BillyD} agree
[11:47] {BillyD} unless it hits 18 and I will leave you standing alone with your stetement....lol
[11:47] {Threei} stunned
[11:47] {BillyD} sorry vad...I haven't behaved this way until last 2 days
[11:48] {BillyD} hm
[11:48] {Threei} I wonder whose bad influence it is
[11:48] {BillyD} dunno for sure but have theories
[11:49] {BillyD} surprised RACK hasn't gone all day
[11:49] {esemde} I see what you mean about no follow throught Vad...other than MDCO i must be lookin at the wrong stuff today
[11:50] {Threei} yeah
[11:50] {Threei} bounces mostly work better than breaks
[11:52] {esemde} even FDRY no follow through...will probably exit at end of day
[11:55] {BillyD} dino...yopu still in CAT
[11:56] {DaveG} not mine vad
[11:56] {Threei} I'll need some proof
[11:57] {DaveG} hmmm
[11:58] {DaveG} well, Raven hasn't given me a "{}" today
[11:59] {Threei} he just has permanent {} for you
[11:59] {DaveG} sigh
[12:00] {BillyD} new box of kleenex for MDCO
[12:01] {Threei} jeez
[12:02] {Threei} dino is eyeing it for short as we speak I bet
[12:05] {esemde} OK i'm done for the day...just missed this one too OXPS
[12:05] {BillyD} out AVCT _.08
[12:05] {dino} strange days ese, don't get too down
[12:05] {esemde} see ya'll tomorrow
[12:05] {Threei} take care ese
[12:07] {dino} mdco, hmm, whats up w/it
[12:08] {Raven} back ...... {}{}{}
[12:09] {DaveG} wb Raven Sir
[12:09] {Raven} thank you my son
[12:09] {DaveG} :)
[12:10] {BillyD} Raven...I have a game that involves using your mouse to guide through a maze....it's pretty tough....will you give it a try if I give the link
[12:10] {Raven} I might but I have to get a damn haircut in a minute
[12:11] {DaveG} that's good Raven
[12:11] {dino} break of .00 on mdco, imo drop
[12:11] {Raven} $20 is not good Dave
[12:11] {BillyD} here it is
[12:11] {BillyD} http://i.euniverse.com/funpages/cms_content/6489/a-maze-ing_new_cursor3.swf
[12:11] {DaveG} yeah it is, it means you still have hair
[12:11] {Raven} OK, I'll try it when I return
[12:12] {BillyD} bookmark it for later and have your volume up on speakers...it is pretty cool
[12:12] {BillyD} let me know
[12:12] {Raven} oh ... well then it is good ... I have way too much of the stuff
[12:12] {DaveG} :)
[12:12] {Raven} OK BD ... will do
[12:12] {BillyD} ok
[12:14] {dino} cov mdco .50, +.50
[12:14] {BillyD} wtg dino
[12:14] {DaveG} nice one dino
[12:14] {dino} ty
[12:17] {dino} darn mdco
[12:20] {Threei} [15:02] {Threei} dino is eyeing it for short as we speak I bet
[12:20] {Threei} :)
[12:23] {Threei} not often you see MSFT that perky
[12:23] {Threei} CIEN too
[12:25] {Threei} what's with QCOM
[12:25] {Threei} bounce time soon
[12:26] {Threei} one more leg down
[12:27] {Threei} half lot under .50
[12:27] {Threei} in
[12:27] {Threei} .35 stop
[12:27] {Threei} wow, not yet
[12:28] {dino} ssupg s .50, stop hod
[12:28] {Threei} second try
[12:28] {BillyD} just got .24 Vad small shares
[12:29] {BillyD} scary
[12:29] {Threei} yeah... news on it or what?
[12:29] {BillyD} no idea
[12:32] {Threei} out .75
[12:32] {Threei} -.14 first entry, +.24 second... wash
[12:33] {BillyD} nervy one
[12:33] {dino} qcom, broadcom/verizon chip license deal
[12:33] {dino} over the banned itc qcom chip
[12:37] {dino} took all day but over target, need to back off mornings more
[12:37] {BillyD} small loss here....morning trades started in the hole
[12:38] {dino} yeah, same here was 50/50 in am, 5/6 pm.
[12:38] {dino} supg bstop to b/e
[12:38] {dino} avct to .36
[12:39] {_trader100} b/e?
[12:39] {Threei} breakeven
[12:39] {dino} glw, going to hold.
[12:39] {_trader100} ty
[12:39] {dino} yes, i speak in tongues
[12:40] {dino} supg to .44
[12:41] {_trader100} ty
[12:41] {dino} avct bstop to b/e
[12:42] {BillyD} good one...that was the spike I wanted earlier
[12:42] {dino} easy button trade
[12:43] {dino} supg stopped +.06 whoo hoo
[12:44] {dino} avct bstop to .21, lock in case of brew
[12:50] {dino} avct stopped .22, slippage
[12:52] {dino} thats it for me this week. son in baseball all-star game down by philly, heading out tomorrow morning
[12:52] {DaveG} take care
[12:54] {dino} ty dave
[12:54] {BillyD} gl dino
[12:57] {Threei} OK guys, thank you all
[12:57] {Threei} have a good evening, see you tomorrow
[12:57] {BillyD} cya...thx
[12:57] {_trader100} ty

Wednesday, July 18, 2007

Realitytrader Trading Log - July 18, 2007

Session Start: Wed Jul 18 00:00:00 2007

Session Time: Wed Jul 18 00:00:00 2007

[05:10] {DaveG} morning
[05:10] {BillyD} morning dave
[05:53] {cosmo} i c nothing
[05:53] {cosmo} ITWO misses est.
[05:54] {cosmo} possible recovery.... who knows
[05:55] {cosmo} INTC needs to hold 25 ... i think
[05:57] {markweb} gm winners!
[06:00] {Threei} Good morning guys
[06:00] {Threei} Laser OK for you?
[06:00] {markweb} :)
[06:00] {Threei} mark :)
[06:02] {Raven} Morning all
[06:02] {Threei} R :)
[06:02] {BillyD} no Vad
[06:02] {BillyD} morning
[06:02] {DaveG} morning Raven and Vad
[06:02] {Threei} ty Billy
[06:02] {Threei} hey dave
[06:03] {Raven} 3i , Dave , BD :)
[06:03] {BillyD} Raven :)
[06:03] {Threei} OK, connecting now
[06:03] {Threei} wow, I don't think I've ever seen this
[06:03] {BillyD} yeah, never this long
[06:08] {dino} gm all
[06:10] {lklarson} gm all
[06:10] {Raven} dino and lkl :)
[06:12] {dptl} good morning all
[06:12] {Raven} dp :)
[06:13] {Threei} dino, lkl, dp :)
[06:15] {Threei} dptl, dcc please
[06:22] {cosmo} INTC gonna test
[06:23] {cosmo} lod
[06:26] {Threei} was there any CTDC news around close yesterday?
[06:26] {Threei} printed some low trades
[06:26] {Threei} 4.30 or so
[06:27] {BillyD} last news I see 7/9
[06:27] {BillyD} yahoo
[06:27] {Threei} ty
[06:27] {Threei} maybe fluke
[06:27] {Threei} daily looks interesting for possible reversal
[06:28] {Threei} I think candlestick people call this hammer
[06:28] {Threei} People of Candlesticks
[06:32] {Threei} KLAC half lot long
[06:32] {Threei} aww
[06:32] {Threei} don't chase
[06:32] {Threei} .15 break was trigger, jumped too fast
[06:34] {BillyD} in lrcx 58.03
[06:34] {Threei} ADBE half lot long .60 if stays above .45
[06:34] {BillyD} .04
[06:36] {Roman} LOCM
[06:36] {BillyD} out -.04
[06:37] {Threei} KLAC good for bounce, small shares on break of .10
[06:37] {Threei} if holding 61
[06:37] {Threei} ADBE trigger
[06:38] {Threei} KLAC stop right under 61
[06:38] {Threei} ADBE stop under .50
[06:38] {lklarson} out klac 1:1 thx boss
[06:39] {Threei} welcome
[06:39] {Threei} if ADBE can tag .75 should stage another jump
[06:40] {Threei} BIOS?
[06:41] {Threei} good boy ADBE
[06:42] {lklarson} out half adbe
[06:42] {Threei} in the zone this morning lkl
[06:42] {lklarson} :)
[06:42] {Threei} ADBE 1:2 and not done yet probably... protect profits though
[06:43] {Threei} JCOM
[06:43] {DaveG} out DRYS +.70, please pass the diapers
[06:44] {Threei} .82 half lot long if holding above .70
[06:46] {Threei} .64 stop for the ADBE balance
[06:47] {Roman} SOFO interesting
[06:47] {Roman} long ASTI small
[06:47] {Roman} 9.10
[06:49] {Threei} done with ADBE
[06:50] {lklarson} yes, out rest adbe
[06:51] {Threei} no worky JCOM
[06:51] {lklarson} stopped JCOM
[06:51] {BillyD} same here
[06:51] {Threei} ADBE tempting for bounce scalp
[06:52] {Threei} not sure of entry yet
[06:53] {Roman} watching GOAM today
[06:53] {Roman} for continuation over $7
[06:53] {Threei} I am sure if I call XMSR I will get stoned, so I won't
[06:54] {Threei} magoo is not here anyway, no chain-pulling fun
[06:54] {BillyD} lol
[06:54] {Threei} where is the slacker btw?
[06:54] {cosmo} stoned on what?
[06:54] {DaveG} better have a note
[06:55] {esemde} No I'm here....got up late
[06:55] {Threei} lol
[06:55] {DaveG} we were not refering to you ese :)
[06:56] {esemde} summer holidays....no discipline...what can i say
[06:56] {Threei} a lot of people respond to word slacker dave
[06:56] {BillyD} not seeing much in bounces so far
[06:56] {Threei} makes you think, eh?
[06:56] {DaveG} ic
[06:56] {DaveG} yeah
[06:56] {Threei} here is another one
[06:57] * Threei slaps LaserDave around a bit with a large trout
[06:57] {LaserDave} i am not here still sleeping
[06:58] {Threei} ARTG
[06:58] {Threei} what's up?
[06:58] {Threei} nice daily
[06:58] {Threei} very slow and narrow though
[06:58] {Roman} DYII
[06:58] {LaserDave} hopefully my trading account
[06:58] {Roman} ATG Launches Advanced Searchandising Capability to Deliver More Relevant Search Results for Online Shoppers
[06:58] {Roman} Tuesday July 17, 8:04 am ET
[06:58] {cosmo} INTC 25.25 resistance
[06:58] {cosmo} fwiw
[07:00] {markweb} Roman you in GOAM?
[07:00] {Roman} mark, not yet
[07:00] {markweb} thx
[07:01] {markweb} TASR?
[07:02] {Roman} Bernanke sees U.S Economy 'strengthening a bit in 2008'
[07:02] {Roman} BERNANKE-WITH RESOURCE USE HIGH,SUSTAINED INFLATION EASE NOT YET SEEN, INFLATION KEY POLICY CONCERN
[07:02] {Threei} 16.16 long trigger mark
[07:02] {markweb} thx
[07:02] {Threei} stop under 16
[07:03] {BillyD} didn't see one print TASR
[07:03] {BillyD} when bid first jumped...you Vad
[07:03] {Threei} same
[07:05] {BillyD} Laserdave see dcc when a minute
[07:10] {markweb} TASR stopped,sad,sad :(
[07:12] {Threei} I don't mean to be mean... but if you are going to cry over each 16 cenbts stop, you will need a lot of kleenex
[07:12] {cosmo} and xanax
[07:12] {BillyD} diapers
[07:12] {Threei} ah who am I kidding... I do mean to be mean
[07:12] {markweb} I have them.
[07:12] {BillyD} lol mark
[07:13] {BillyD} XMSR
[07:13] {BillyD} sorry Vad your stock
[07:13] {BillyD} but looks strong
[07:15] {Threei} ummm
[07:15] {Threei} if magoo was here, he would have slapped you instead of me
[07:16] {Threei} KLAC... watching for short on .60 breakdown
[07:16] {Threei} this bounce will show stop level
[07:16] {BillyD} sounds good
[07:16] {Threei} dino... could you please tell magoo today it's BillyD who deserves to be trouted, not me?
[07:17] * BillyD slaps BillyD around a bit with a large trout
[07:18] {BillyD} ok feel better
[07:19] {Threei} stop .75
[07:19] {esemde} Roman CHCG...opinions
[07:19] {esemde} am looking at 1min chart
[07:19] {esemde} too late
[07:19] {Roman} sorry
[07:19] {Roman} i haven't been following this one
[07:20] {Roman} so needed some extra time
[07:20] {esemde} no problem i should have said something sooner
[07:20] {Threei} all 17 seconds?
[07:20] {esemde} whoooa....
[07:20] {Roman} could still go higher but high its OTC
[07:20] {Roman} CHDX looks decent
[07:20] {Roman} SBEI
[07:21] {Roman} small bounce
[07:21] {lklarson} stopped klac
[07:21] {Threei} yeah, NQ jumped
[07:22] {Roman} i am out ASTI for now +.07
[07:27] {esemde} dyii another leg up
[07:28] {Roman} CARN playing a bit
[07:28] {Threei} incredible DYII eh?
[07:30] {Roman} observing HSOA today
[07:30] {BillyD} yeah, I took ESMC off 7 earlier and only to .20...think it would have more
[07:31] {Roman} in HSOA small
[07:31] {Roman} 5.11
[07:31] {Roman} PAAS & SSRI interesting
[07:33] {Roman} metals strong on Bernenke speach
[07:33] {Roman} looking to enter GOLD RGLD
[07:34] {Roman} STLD
[07:34] {Roman} long small 48
[07:34] {Threei} DYII goes for new records
[07:35] {Roman} new loosing a bit
[07:38] {Roman} long PAAS
[07:39] {Roman} 29.94 1/3 size
[07:39] {BillyD} VAd...you get XMSR...I missed
[07:40] {Threei} no
[07:41] {Threei} magoo's ghosat kept me from entering
[07:41] {BillyD} lol
[07:41] {Threei} thing was so heavy and indifferent yesterday
[07:42] {BillyD} yes...it was the .88 break got folks enthused it seems
[07:46] {BillyD} now KLAC breaks
[07:47] {Threei} just moves with NQ today
[07:47] {Threei} lost its own momentum
[07:47] {BillyD} overnight
[07:48] {Threei} well, that is what it usually does, yesterday was rather exception
[07:48] {BillyD} I'm not too experienced with those kind
[07:48] {BillyD} hi tech thick
[07:50] {cosmo} itwo
[07:50] {Roman} out STLD -.15 small size
[07:50] {Threei} was so tempted by NVDA short and refrained because of KLAC failure... grr
[07:55] {Threei} hmmm
[07:55] {Threei} no bounce with NQ on NVDA
[07:56] {Roman} out HSOA -.11
[07:56] {Threei} .78 short trigger if stays below .90
[08:00] {Threei} OSTK?
[08:00] {BillyD} win a ruling of some sort
[08:01] {BillyD} legal
[08:01] {Roman} OSTK Overstock.com: Following recent news, stock pops higher as it takes out its 52-wk high near the ~20.00 level (20.39 +0.72) -Update- -Technical-
[08:01] {Threei} if I remember correct, this is the company that sued brokerages for selling their shares short
[08:02] {BillyD} I think that is what ruling is about in their favor
[08:02] {Threei} wow
[08:02] {BillyD} not sure of details
[08:03] {Threei} small shares long over 21
[08:05] {Roman} in GOLD
[08:06] {Roman} LNUX spike
[08:12] {Roman} out 1/2 PAAS +.24
[08:14] {Threei} oh boy
[08:14] {Threei} from spam e-mail I just got:
[08:15] {Threei} Dear Investor,
[08:15] {Threei} If you’re tired of stop losses, learn how to adjust trades to turn losers into winners!
[08:15] {Threei} Let’s face it – even after conducting the most thorough analysis, sometimes your stock picks move in the wrong direction. Unfortunately most investors only know how to use stop losses or other “loss minimizing” strategies when that happens. But what if there were a way to “adjust” your trades to actually turn those losing stock picks into winners?…
[08:15] {Threei} can you say recipe for ultimate disaster?
[08:16] {esemde} I got the same email...
[08:19] {BillyD} adjust means "get out"
[08:20] {Threei} another variation of average down idea
[08:21] {Threei} sure way to get killed
[08:21] {Threei} dino, look dcc please
[08:22] {dino} ok
[08:23] {dino} ok back to the trading business
[08:24] {Threei} OSTK remains valid as long as it stays above .50
[08:24] {Threei} if you are into aggressive entries, may just as well
[08:25] {Threei} just keep it small
[08:25] {Threei} SBEI
[08:26] {dino} alfa and aeti catching my eye
[08:26] {dino} s alfa hl .54
[08:27] {dino} bstop is hod
[08:28] {Threei} feel free to take profit on OSTK as you see fit, there is no reliable read on it
[08:28] {dino} nice ostk call
[08:28] {Threei} 22 is possible just as 20
[08:28] {Threei} 22 is somewhat more probable though :)
[08:30] {BillyD} got `100 .11
[08:31] {Threei} OK, here we go
[08:31] {Threei} shorts get crushed
[08:31] {BillyD} out +.55
[08:31] {Threei} by court ruling, lol
[08:31] {Threei} court gave you 55 cents Billy - ain't justice grand
[08:32] {BillyD} yes Vad
[08:32] {BillyD} was waiting at .85 for PB buy but no hit
[08:33] {Threei} well, you know she is blind
[08:33] {Threei} so, hard to count on precise executions
[08:33] {Threei} ummm... blindfolded rather
[08:33] {BillyD} yes....reasonable guesses
[08:34] {BillyD} and better err to the conservative (cheap) side with these
[08:48] {Threei} OST is valid as long as stays above 21
[08:48] {Threei} OSTK
[08:49] {Threei} if you are OK with stop size and want this trade, better go for aggressive entry
[08:52] {BillyD} new setup?
[08:53] {Threei} I don't like going off traditional setup on this one
[08:53] {Threei} trigger is way too far
[08:53] {BillyD} ok...just trend/momo play
[08:53] {Threei} kind of, yes
[08:54] {dino} alfa bstop to b/e
[09:04] {Threei} NQ feels like preparing for sizeable bounce
[09:04] {Threei} hard to tell from here or after dive under 40
[09:05] {Threei} watching NVDA for long if that matwerializes
[09:05] {Threei} 2042 NQ is likely trigger for long
[09:06] {BillyD} break of .11
[09:06] {BillyD} NVDA
[09:06] {Threei} stop would be .95
[09:07] {BillyD} did NQ breal 2042
[09:07] {DaveG} not yet
[09:07] {BillyD} break
[09:07] {Threei} no
[09:07] {BillyD} ok
[09:08] {BillyD} NDX mirrors NQ right?
[09:08] {Threei} yes
[09:09] {DaveG} nq failed i think vad
[09:10] {Threei} ?
[09:10] {Threei} [12:04] {Threei} NQ feels like preparing for sizeable bounce
[09:10] {Threei} [12:04] {Threei} hard to tell from here or after dive under 40
[09:10] {Threei} [12:05] {Threei} 2042 NQ is likely trigger for long
[09:11] {Threei} in
[09:12] {Threei} .95 stop
[09:12] {BillyD} NDX slight lag
[09:12] {BillyD} missed
[09:16] {Threei} torment of waiting for a trade to resolve, lol
[09:16] {BillyD} virtue
[09:19] {Threei} perfect opportunity for NQ to post double bottom
[09:19] {Threei} wherther it uses it is another matter
[09:20] {Threei} wow, news or what
[09:20] {Threei} nasty downticks
[09:20] {dptl} hmmm......taking a break.....getting stoped on every trade..
[09:22] {dino} partial fill isph s .04
[09:22] {Threei} out
[09:22] {BillyD} tough day so far....wheels spinning
[09:23] {Threei} yup
[09:23] {Threei} breakeven so far
[09:23] {dino} that was me yesterday w/stops
[09:32] {DaveG} CELG
[09:38] {dino} phrm
[09:42] {dino} alfa bstop to .36
[09:45] {DaveG} well, celg looked good at the time :)
[09:45] {DaveG} sigh
[09:48] {dino} lol
[09:49] {dino} l cat .00
[09:55] {Threei} I'll be darned if I see any single trade at the moment
[09:55] {Threei} shoould have stopped trading after first two trades, lol
[09:56] {Threei} free in 15 minutes and profitable
[09:56] {dino} cov alfa .30, +.24
[10:00] {dino} out cat .44, +.44
[10:00] {BillyD} nice dino
[10:00] {dino} too soon
[10:00] {dino} ty
[10:01] {DaveG} wtg
[10:01] {dino} gs sm. l .75
[10:05] {dino} stopped gs -.40
[10:06] {dino} oh well
[10:07] {dino} wrsp
[10:09] {Roman} out GOLD +.32
[10:10] {dino} nice
[10:14] {Threei} XMSR is truly surprizing today
[10:14] {BillyD} so opposite of yesterday
[10:14] {BillyD} and mkt
[10:16] {dino} sgms
[10:17] {BillyD} DRRX has a nice chart
[10:20] {BillyD} in .53
[10:21] {dino} cbey
[10:25] {Threei} DYII is trying again
[10:25] {BillyD} yup...just watching
[10:27] {BillyD} tough call on it
[10:36] {markweb} Roman, are u in PAAS?
[10:36] {Roman} yes
[10:36] {markweb} from?
[10:36] {Roman} 29.95
[10:36] {markweb} k
[10:38] {dino} gs now
[10:39] {Threei} well, for adventurous souls DYII is very risky long above 9
[10:40] {BillyD} in 9.02
[10:41] * Threei puts BillyD's name in a list of adventurous souls
[10:42] {BillyD} leave blank before soul for now
[10:42] {BillyD} lol
[10:42] {Threei} lol
[10:42] {Threei} if it takes that ARCA offer, you have a shot at big runner
[10:42] {BillyD} stop below .70 Vad
[10:43] {Threei} yes
[10:43] {dino} out gs from .00, at .40
[10:44] {dino} gcom fast fall
[10:45] {dino} sheesh, there goes gs
[10:46] {Threei} run little DYII run
[10:46] {dino} bbei closes on hod
[10:47] {dptl} boy...almost flat for the day thnx ppdi
[10:47] {Threei} 1:1 is reached
[10:48] {Threei} good to see fighter spirit dp
[10:48] {dino} ppdi
[10:48] {BillyD} out 1/2
[10:48] {Threei} be careful now, don't give it back by overdoing it in struggling to get more
[10:49] {dptl} no no ......it hard two days for me for some reason
[10:49] * Threei puts dptl's name in a list of fighters
[10:49] {BillyD} out rest
[10:50] {Threei} I am a categorizing fool today
[10:50] {Threei} good job Billy, wtg
[10:50] {Threei} brave yet humble
[10:50] {BillyD} thx
[10:50] {BillyD} have to be today
[10:50] {Threei} I like the combination
[10:50] {dptl} should of stay with ppdi a bit longer
[10:51] {Threei} uhhu, and get caught into this drop?
[10:51] {Threei} don't trade in hindsight :)
[10:52] {dptl} i was long from34.26
[10:52] {dptl} grabed .20c
[10:52] {BillyD} days like today....one finds himself teetering the line of imposing own will in mkt
[10:53] {BillyD} and it doesn't work
[10:53] * Threei is retiring, BillyD nailed it so precisely, my purpose in life is no more
[10:53] {dptl} lol
[10:53] {dino} goodbye
[10:54] {BillyD} lol
[10:54] {Threei} seriously, this is absolutely true
[10:54] {BillyD} I sense it within myself
[10:54] {BillyD} backing off
[10:54] {Threei} market is so shaky and gives so little indication of what it wants to do,
[10:55] {dino} lord vader, er i mean billy
[10:55] {Threei} you lose the sense of what market tells you vs your own wishful thinking
[10:55] {Threei} yes dino
[10:55] {Threei} title is being passed
[10:55] {BillyD} you guys killing me
[10:56] {BillyD} now it is application of these things
[10:56] {Threei} well, price of saying right things is being assigned a role of leader
[10:56] {BillyD} I am just repeating your words in a different combination
[10:56] {Threei} sigh
[10:57] {BillyD} sorry...you can't leave
[10:57] {Threei} is there any hope for retirement for me
[10:57] {Threei} btw,
[10:57] {Threei} in order to make it sound right, you simply need to put my words in correct order, since I rarely do that :)
[10:58] {DaveG} sure ya do
[10:59] {Threei} well, I really wanted to say "rarely do I that since"
[10:59] {BillyD} now I understand
[10:59] {Threei} lol
[10:59] {BillyD} was scratching head
[11:00] {Threei} jokes aside, you often can recognize native russian-speaker by the order of words
[11:00] {dino} yadda
[11:00] {Threei} in russian it carries less meaning
[11:00] {Threei} intonation plays bigger role
[11:01] {Threei} so when we start speaking english we tend to form sentences without much regard for the order of words
[11:01] {Threei} mark, dptl and maybe ben affleck will confirm
[11:01] {markweb} y
[11:01] {dptl} :)
[11:02] {dino} tchc
[11:02] {Threei} and the worst thing is A and THE
[11:02] {Threei} I'll die not really knowing which is when
[11:03] {BillyD} and "EH"
[11:03] {DaveG} which is which, when is when
[11:03] {Threei} eh is easy
[11:03] {BillyD} yeah...well who's on first
[11:04] {BillyD} will ghe get it dave
[11:04] {DaveG} not likely
[11:05] {Threei} what are thee talking about
[11:05] {BillyD} Vad....Abbot & Costello
[11:05] {dino} who's on first
[11:06] {Threei} sorry, cultural references get lost on me
[11:06] {BillyD} ok
[11:06] {Threei} unless they are from married with Children
[11:06] {DaveG} lol
[11:06] {Threei} :)
[11:06] {BillyD} two comedians stand up routine
[11:06] {BillyD} Vad's Christmas present
[11:07] {Threei} lol
[11:07] {DaveG} that's not a bad idea
[11:07] {BillyD} Vad...you know baseball
[11:08] {Threei} no
[11:08] {BillyD} Dave...we'll have to get him two gifts
[11:08] {Threei} practically not know in Russia
[11:08] {Threei} neither is golf
[11:08] {BillyD} one for baseball and comedy
[11:08] {DaveG} yup
[11:09] {Threei} aw, skip baseball... I am too old for that crap :)
[11:09] {DaveG} http://www.amazon.com/exec/obidos/search-handle-url/index=blended&field-keywords=idiots%20guide%20to%20baseball&results-process=default&dispatch=search/ref=pd_sl_aw_tops-1_blended_15105184_2&results-process=default
[11:09] {dino} hmmm, as dino thinks that him son is an all-star for 9 year old team going to philly on friday
[11:09] {BillyD} they have senior leagues
[11:11] {BillyD} ROFL Dave
[11:11] {DaveG} :)
[11:13] {dino} lufk s hl .70
[11:17] {esemde} Have a question for you Vad....Do follow stocks from the previous day..and if so..what criteria do you have for checking them out the following day.
[11:17] {Threei} often, yes,
[11:17] {Threei} most often after some unusual move, like in DYII case,
[11:18] {Threei} also,
[11:18] {Threei} when a stock looks on a verge of break
[11:18] {Threei} yet it doesn't come on a first day,
[11:18] {esemde} on a daily chart
[11:18] {Threei} so consolidation takes a bit longer but it still closes near break level
[11:18] {Threei} like frikkin XMSR, lol
[11:19] {esemde} intraday chart then?
[11:19] {BillyD} lol....proof of anything can happen
[11:19] {Threei} both intraday and daily
[11:19] {esemde} ok tks..
[11:19] {BillyD} exactly the opposite way you would think to happen
[11:19] {Threei} but keep in mind that in order to do that one has to remember the symbol... which is often not the case with me
[11:20] {esemde} like write it down.....
[11:20] {BillyD} WOOOOOHOOOOOOOOOOO
[11:20] {esemde} Ok slap me
[11:20] {esemde} bad ass remark
[11:20] {BillyD} no...that was for Vad
[11:20] {Threei} why, many mistakenly think I can write
[11:20] {Threei} or read
[11:20] {DaveG} lol
[11:20] {BillyD} the answer always right in front og him
[11:22] {Threei} it works best when we have nice trending market where continuation is a normal thing ese
[11:22] {Threei} less so in the swamp we are in now
[11:22] {Threei} overall, market in a rally mode
[11:22] {Threei} but summer takes its toll
[11:22] {esemde} tks...
[11:23] {Threei} lookin at NQ and trying to summarize my feel, I'd say rally is here to continue
[11:23] {Threei} we are having hiccup today
[11:23] {Threei} rather normal pullback after strong move
[11:23] {esemde} sorry bout the wise crack remark....it was a good set up line...couldn't resist
[11:24] {Threei} volume is bit stronher than what I would like to see on a red day
[11:24] {Threei} no, not a problem at all
[11:24] {Threei} in fact I would be worried if there was no such remarks
[11:24] {Threei} then I would be hesitant to make them myself
[11:24] {esemde} good....
[11:24] {Threei} and that I couldn't live with
[11:25] {DaveG} no worries, you can always count on us
[11:25] {Threei} someone could actually assume I was a warm and fuzzy and nice
[11:25] {DaveG} warm and fuzzy...good one
[11:26] {dptl} can i have couple more good trades pls...can't find anything
[11:27] {BillyD} c'mon DRRX go more that 2 cents
[11:27] {Threei} couple more, sure
[11:27] {dino} lufk dieeeeeee
[11:27] {Threei} it's a "good" part than makes me concerned
[11:27] {dino} missed tchc s entry by .04 ugh
[11:30] {DaveG} see, there you needed to use "the" instead of "a"
[11:31] {Threei} no way
[11:31] {Threei} I mean, a no the way
[11:31] {DaveG} lol
[11:31] {DaveG} ok :)
[11:40] {dino} lufk bstop to .45
[11:40] {BillyD} nice dino
[11:42] {dino} ty
[11:42] {dino} bit of luck
[11:45] {dino} to .39
[11:47] {Threei} SNDK interesting
[11:47] {dino} cov slippage .43, +.27
[11:47] {Threei} worth a try as long as holding above .50
[11:48] {BillyD} here or .80
[11:50] {Threei} can't say really... I like aggressive entry
[11:50] {Threei} but it's a matter of personal preference
[11:50] {BillyD} I see
[11:50] {Threei} check out last blog entry on this btw
[11:50] {BillyD} I have read them all unless you put one up last night
[11:51] {Threei} yup, it's fresh one
[11:51] {dino} anik
[11:51] {Threei} I mean "a" fresh one
[11:51] {BillyD} will do
[11:51] * Threei slaps DaveG around a bit with a large trout
[11:51] {BillyD} the frsesh one
[11:52] {Threei} how the I is a supposed to the know
[11:54] {Raven} {?}
[11:54] {Raven} }?{
[11:54] {Threei} finally
[11:54] {Raven} sigh
[11:54] {Threei} worked hard to draw Raven out
[11:55] {Raven} it is tough to take ...
[11:55] {DaveG} what the heck i do?
[11:55] * Raven slaps DaveG around a bit with a large trout
[11:55] {Raven} that's what
[11:55] {DaveG} here i am trying to trade, look up getting trouted
[11:55] {DaveG} :)
[11:56] {Raven} try harder
[11:56] {DaveG} out 1/2 TMA puts, up i don't know how much
[11:56] {Raven} :)
[11:57] {DaveG} damn that was fun
[11:58] {Threei} offering SNDK at .95
[11:58] {BillyD} I'm trying to buy PB....may not happen
[11:58] {Threei} maybe too greedy
[11:59] {BillyD} take 1/2
[11:59] {BillyD} entry?
[11:59] {Threei} got .67
[11:59] {BillyD} nice
[12:04] {BillyD} in .64
[12:04] {BillyD} stop under .60
[12:06] {BillyD} out -.05
[12:10] {dino} cbey s .03, stop .30
[12:16] {dino} wow ostk
[12:17] {markweb} Sorry, how to use (a) (the) dcc?
[12:17] {DaveG} lol
[12:17] {DaveG} oh, good one mark
[12:18] {Threei} a doubleclick on the name of a one who the you want to a talk
[12:18] {DaveG} lol
[12:18] {dptl} lol
[12:18] {markweb} and?
[12:19] {DaveG} (a) (the) new window will appear
[12:19] {BillyD} right click on name and hit slap ...it is a DCC shortcut
[12:19] {Threei} and type in a new window that the pops up
[12:20] {dino} cbey bstop to .83
[12:21] {BillyD} another nice short dino
[12:21] {markweb} Thanks Bily, (a) DCC is right:)
[12:21] {dino} to .75
[12:21] {BillyD} :)
[12:21] {dino} ty billy, just getting lucky
[12:22] {dino} cov .74, +.29
[12:30] {Threei} i need some drug for greed... and desirably more, more of it
[12:30] {BillyD} lol
[12:31] {dino} you sound lke heuy lewis
[12:31] {Threei} who?
[12:31] {Threei} i mean the who?
[12:31] {BillyD} who is lead singer in The Who
[12:31] {BillyD} or was
[12:32] {Threei} burt cummings?
[12:32] {BillyD} lol
[12:32] {BillyD} Roger Daltry
[12:32] {BillyD} I think
[12:32] {Threei} sigh... does knowing who burt is give me any credits?
[12:33] {BillyD} yes...if we knew who he was
[12:33] {Threei} lol
[12:33] {Threei} i bet esemde does
[12:33] {dino} huey lewis band, "i want a new drug"
[12:33] {dino} huey & the news i think
[12:35] {Threei} whew... out SNDK
[12:35] {Threei} .85
[12:35] {BillyD} nice
[12:35] {BillyD} had to earn it
[12:36] {Threei} i did... and shined in music scene knowledge
[12:36] {Threei} i think
[12:37] {dino} gj
[12:38] * Threei slaps dptl around a bit with a large trout
[12:39] {dptl} why
[12:39] {Threei} if i knew, i would probaly be throwing stones
[12:39] {dptl} lol
[12:39] {dptl} ok a bit better today.......but still not fully adapted yet...
[12:40] {BillyD} good blog post Vad
[12:41] {BillyD} latest one
[12:41] {Threei} ty
[12:41] {dptl} is there a new blog?
[12:41] * Threei slaps dptl around a bit with a large trout
[12:41] {BillyD} it shows me you are not so black and white
[12:41] {Threei} lol
[12:41] {dino} strange summer, when i wait until afternoon to trade i do much better, reverse of rest of year
[12:41] {BillyD} but I already knew that
[12:42] {Threei} true dino, noticed that too
[12:43] {dino} i'm goin to wait longer to begin
[12:43] {dino} today was a very good day and i started at 12:00ish
[12:44] {dino} isph stopped -.10
[12:44] {BillyD} maybe a better feel of true players for the day defines itself later
[12:45] {dino} billy w/the yen talk, :)
[12:45] {dino} calling it a day, tee time in 45 mins.
[12:45] {dino} thx all
[12:46] {BillyD} bye dino
[12:46] {DaveG} take care dino
[12:46] {Threei} take care dino
[12:46] {dino} u2 billy, 3i, dave, etc
[12:49] {Threei} wow nq
[12:49] {DaveG} wow
[12:51] {DaveG} good lord
[12:51] {DaveG} qqq hod
[12:56] {Threei} told you, market was far from done rallying
[12:56] {Threei} still is
[12:57] {Threei} [14:23] {Threei} lookin at NQ and trying to summarize my feel, I'd say rally is here to continue
[12:57] {Threei} [14:23] {Threei} we are having hiccup today
[12:57] {BillyD} yes, but seeing this move a bit tough
[12:57] {BillyD} or ayt least fro me
[12:57] {Threei} not really possible, that was sudden explosion
[12:57] {Threei} out of nowhere
[12:58] {Threei} but general feel of rally continuation is here
[12:58] {Threei} for days if not weeks to come
[12:58] {Threei} thank you all
[12:58] {Threei} have a good eveninbg
[12:58] {BillyD} thx Vad
[12:58] {Threei} (the) good evening?
[12:58] {Threei} oh, best version:
[12:58] {Threei} a good the evening
[12:58] {markweb} Thanks Vad
[12:59] {Threei} see you tomorrow
[13:00] {dptl} see you tomorrow all
[13:13] {esemde} see ya'll
Session Close: Thu Jul 19 00:00:00 2007