Friday, June 15, 2007

Realitytrader TradeLog - June 15, 2007

Session Start: Fri Jun 15 00:00:00 2007

Session Time: Fri Jun 15 00:00:00 2007

[05:53] {magoo} morn RT
[05:53] {DaveG} mags
[05:53] {DaveG} you made it
[05:53] {DaveG} morning :)
[05:54] {magoo} :)
[05:56] {DaveG} whats funny is after you mentioned puter probs yesterday, i lost all my wireless keyboard died, mouse died, couldn't login or out
[06:01] {Threei} morning guys
[06:01] {DaveG} quad witching today
[06:01] {DaveG} morning vad
[06:01] {Threei} hey dave
[06:01] {Threei} hmmm
[06:02] {Threei} isn't it 3rd fri of the month?
[06:02] {DaveG} thats what i thought
[06:03] {cosmo} that's when we used to have air raid tests
[06:03] {magoo} sorry dave lol, mornm lord vader
[06:04] {Threei} cosmo, magoo :)
[06:04] {cosmo} 3i:)
[06:04] {DaveG} this is the third friday vad
[06:04] {craigaudio} gm vad, gm everyone
[06:04] {Threei} you are kidding
[06:04] {Threei} craig :)
[06:04] {DaveG} got a calander handy?
[06:05] {cosmo} EXPE
[06:05] {cosmo} testing 26'ish
[06:05] {cosmo} oops
[06:05] {DaveG} there are 5 fridays this month
[06:05] {Threei} oh boy... you made me look dave... and it seems we are in 2007??
[06:06] {DaveG} lol
[06:08] {Threei} that could explain why my SelectNet order is not getting filled for the last 3 years, and I was wondering what happened to 30 seconds rule
[06:09] {Threei} and it seems a stock I sent that order for is no longer around either
[06:09] {DaveG} lol
[06:10] {cosmo} all these rules....its enough to give you facial tics
[06:11] {Threei} so, it's a choice cosmo... trading or dating
[06:11] {cosmo} trading dates?
[06:12] {Threei} dating trades is an option too, if you are into welders or plumbers
[06:12] {cosmo} hmm...that was many years ago
[06:13] {magoo} news EPCT??? nice gap
[06:13] {DaveG} New Research Demonstrates Broad Efficacy of Azixa(TM) (MPC-6827) Against Multiple Tumor Types and in Drug Resistant Cell Lines
[06:14] {cosmo} epct pre mkt high = 3
[06:14] {magoo} ty
[06:15] {dino} gm all
[06:16] {Threei} dino :)
[06:19] {magoo} penn being acquired 67 share, at 54..is it HALTED?
[06:19] {Threei} yup
[06:20] {magoo} sigh...i got xcited there
[06:22] {esemde} good morning everyone...
[06:22] {Threei} esemde :)
[06:24] {esemde} my goofy little stock LNUX gave me .10 just before the bell yesterday
[06:25] {Threei} you still holding for .55?
[06:25] {esemde} no...
[06:26] {esemde} sold it....
[06:26] {Threei} OK... I actually just wanted to show off... still remember your target from yesterday :)
[06:27] {esemde} that was a very good memory Vad
[06:27] {Threei} rare spark
[06:27] {esemde} since i've started learning to trade your methods...am not inclined to hold overnight as much
[06:27] {magoo} morn ES
[06:28] {esemde} morn magoo...
[06:28] {Threei} yeah, it's all warm and fuzzy when in raging bull market
[06:28] {Threei} and even then, a lot of people got killed by horrible gaps against them
[06:29] {Threei} (me included)
[06:29] {esemde} me being one of them
[06:30] {esemde} everybody can look like a genius now for sure...
[06:30] {Roman} SWHC
[06:30] {Roman} major sqeeze
[06:30] {Roman} TASR pop
[06:32] {esemde} roman do you have a target for taser .......
[06:32] {magoo} HANS nuts
[06:32] {Threei} if 16 is taken on SWHC, could be serious
[06:32] {Roman} no targer
[06:32] {Roman} target
[06:33] {Roman} i am not too exited to be buying here
[06:33] {dino} hl l ati .94, risky, wide
[06:33] {Roman} i would rather wait for pullback
[06:33] {craigaudio} you have an order on SWHC ready Vad?
[06:33] {Threei} small shares
[06:33] {craigaudio} k
[06:33] {esemde} tks
[06:34] {Roman} NVDA strong too
[06:35] {dptl} gm all
[06:35] {Threei} dp :)
[06:36] {esemde} morn dp
[06:36] {Threei} GLBL
[06:36] {Threei} .55 long, .39 stop
[06:39] {dino} out ati .39, +.45
[06:40] {Roman} weird why AMZN pulling back
[06:40] {Roman} in strong market
[06:41] {magoo} n ewss that made zero off harry potter franchise
[06:41] {magoo} news
[06:41] {Roman} thanks
[06:41] {Roman} i didn't see any
[06:41] {DaveG} lost wireless again, hard wired keyboard and mouse now
[06:43] {_sirzuke} gs +10 on short
[06:43] {Threei} 10?
[06:44] {_sirzuke} =.+12
[06:44] {_sirzuke} .12
[06:44] {Threei} oh... got me salivating for a sec
[06:44] {dino} hans s hl .99
[06:44] {_sirzuke} yeah...all about the decimal
[06:44] {Threei} sirzuke... what kind of loss would you have to take if GS moved against you?
[06:44] {dino} stop hod
[06:44] {_sirzuke} about .5 or .10
[06:45] {_sirzuke} Looking going on momentum...out in about 10 seconds or less
[06:45] {_sirzuke} on a full lot
[06:45] {Threei} it's manageable in such fine limits?
[06:46] {_sirzuke} usually so far
[06:46] {magoo} MON nuts
[06:46] {Threei} from what I see, it can jump 10 cents on you in half second without chance for order being filled
[06:46] {_sirzuke} yes..so maybe luck it is
[06:48] {Threei} come on already GLBL
[06:48] {dino} hans stopped -.35
[06:48] {_sirzuke} hans looking great
[06:50] {_sirzuke} the qqqq is up to just about it's last week high
[06:51] {craigaudio} TRINS a bit crazy
[06:51] {dino} penn hl l .00
[06:52] * Threei applies powerful kick to the GLBL's rear end
[06:52] {magoo} how much we looking for?
[06:53] {craigaudio} its in a nice up trend on the daily
[06:53] {Threei} really depends on a market... if we get NQ rally, 26 is not our of question
[06:53] {dino} out penn .40, +.40
[06:53] {Threei} against us is Friday, multiple witching...
[06:54] {_sirzuke} nice
[06:54] {craigaudio} yes
[06:54] {Threei} so, I guess let's just partial out if we get 1:1
[06:54] {Threei} then see what transpires
[06:54] {_sirzuke} threei, did you get filled at .56 or .55 on glbl?
[06:55] {Threei} .54 actully
[06:55] {Threei} there was a hidden order when .55 became an offer on level 2 I guess
[06:55] {Threei} so I sent .56 buy, got .54 fill
[06:56] {_sirzuke} full lot?
[06:56] {Threei} double
[06:56] {Threei} stop is merely 15 cents
[06:56] {Threei} in my risk tolerance it's double lot
[06:56] {craigaudio} lets hope it works out nicely then :-)
[06:57] {Threei} there just just two possible outcomes
[06:57] {Threei} it does or it does not :)
[06:57] {_sirzuke} i just got filled partially at .56
[06:57] {Threei} just?
[06:57] {Threei} it triggered considerably long ago :)
[06:58] {_sirzuke} 55 seconds ago
[06:58] {Threei} hmmm
[06:58] {Threei} if it was dave, I would say stop trading off CNBC quotes {G}
[06:59] {Threei} really, it triggered SECOND time at 9:53
[06:59] {DaveG} lol
[06:59] {Threei} first time at 9:40
[06:59] {dino} hl rden s .66, stop .91
[07:00] {_sirzuke} my index charts are down.....dows any one know if the DIA accurately follow the DJIA?
[07:01] {DaveG} yes
[07:01] {dino} you need a quote?
[07:02] {dino} dia 136.30
[07:03] {_sirzuke} my dia's are working just not the indexes...thanks
[07:03] {craigaudio} only one sector red
[07:03] {dino} np
[07:04] {dino} rden bstop to .76
[07:04] {Threei} SDTH lost its mind?
[07:04] {_sirzuke} hans looks strong abouve .55
[07:05] {magoo} how we miss it?
[07:05] {Threei} didn't
[07:05] {_sirzuke} missed hans too
[07:05] {_sirzuke} I should use a stop buy order
[07:05] {Threei} saw it earlier, deliberately ignored
[07:05] {Threei} very thin, horrible spread
[07:05] {craigaudio} why?
[07:05] {craigaudio} ok
[07:06] {dino} i miss everybody, :)
[07:06] {dino} need that cruise vad
[07:06] {Threei} hehe
[07:07] {_sirzuke} threei, do you think .50 is a good stop on glbl?
[07:07] {magoo} GNBT gonna play again?
[07:07] {Threei} too tight
[07:07] {Threei} can trail it to .42
[07:08] {Threei} but .50 is stretching it, easy to get shaken out on noise
[07:08] {dino} rden bstop to .51
[07:10] {dino} to .40
[07:13] {dino} tdsc
[07:14] {dino} rden stopped ave .42, +.24
[07:14] {craigaudio} FDG
[07:15] {DaveG} out DE +.36
[07:16] {dino} gj
[07:17] {Threei} INNO?
[07:22] {Threei} market is firmly locked
[07:22] {dino} gs hl l .00
[07:22] {_sirzuke} l like to trade gs
[07:24] {_sirzuke} but for this i'd wait above 228.40 for a long
[07:24] {DaveG} how long have you been following gs?
[07:24] {craigaudio} gives good moves but a bit of a hellraiser
[07:24] {esemde} do you see more upside to inno vad?
[07:24] {craigaudio} hopefully this is a pivot here and we go higher
[07:24] {Threei} very hard to tell on such slow climbers
[07:25] {Threei} if there was feeding frenzy, would be an easier read
[07:25] {esemde} 9month and 5 yrs charts look good
[07:25] {_sirzuke} I always keep GS open on a chart....I only trade for less than one minute on "good-chance-momentum" moves
[07:25] {dino} ok
[07:26] {craigaudio} ok interesting. what kind of risk do you take per trade on these stlye moves
[07:26] {dino} hl
[07:27] {dino} so wider stop, if we're talking gs
[07:27] {_sirzuke} gs is fast money made or lost....I just get out when trade looks like it's going against me..so I limit it to about .10 cents maybe .20 on a full lot
[07:28] {_sirzuke} i am in and out in about 10 seconds on average
[07:28] {craigaudio} ok
[07:28] {_sirzuke} it is a scary stock for sure
[07:28] {dino} y
[07:28] {craigaudio} what kind of signals do you look for though?
[07:28] {craigaudio} yes whippy
[07:29] {dino} pretty basic, .00, .25., .50,.75
[07:29] {dino} k.i.s.
[07:29] {dino} keep it simple
[07:30] {craigaudio} so you buy or sell off the round numbers?
[07:30] {_sirzuke} I look at the CCI a little...if it is all red it means the trend is established for being at a potential max on the upside...but I mainly look at the candles and look for breaks on it...like right now I would go long above 228.40
[07:30] {dino} yes
[07:30] {dino} to craig, to sir, you've lost me
[07:31] {craigaudio} ok interesting to hear both your approaches
[07:31] {dino} hod dow
[07:32] {magoo} wheres the MON bounce vad???
[07:32] {_sirzuke} come on glbl!
[07:33] {Threei} no idea magoo
[07:33] {Threei} if it pulled back into 65, I would be more confident
[07:34] {Threei} here, it can do anything
[07:34] {dino} gs somethings wrong, cutting it
[07:35] {Threei} my GLBL stop moves to .44
[07:35] {magoo} GLBL gonna be an "all day event" isn't it?
[07:36] {magoo} i got things to do
[07:37] {_sirzuke} penn looks like a good steady short, huh?
[07:39] {Roman} NVDA
[07:39] {dino} risky, imo, takover at 67, in 10-12 months
[07:40] {_sirzuke} the TRIN is under 40....pretty rare
[07:40] {craigaudio} esp with the large spike down this am
[07:41] {_sirzuke} FFIV good all day
[07:43] {Threei} NVDA
[07:44] {Threei} .35 break
[07:44] {Threei} long with .25 stop
[07:44] {Roman} SWHC creeping back
[07:44] {Roman} towards high
[07:44] {Roman} not sure if takes 16 this time but if it does, should provide nice upside
[07:46] {Threei} 1:1 NVDA
[07:46] {Threei} was that quick enough for you magoo?? :)
[07:46] {magoo} INDEED it was
[07:46] {magoo} nice..NEXT
[07:46] {Threei} {--- feels vindicated
[07:47] {magoo} i said................NEXT
[07:47] {Threei} oops
[07:47] {Threei} yes sir'
[07:47] {Threei} sorry sir
[07:47] {Threei} trying sir
[07:47] {lklarson} out nvda 1:2 thx vad
[07:47] {Threei} welcome
[07:48] {lklarson} wow, i could contain myself for a 1:2, lol
[07:48] {dino} lol
[07:48] {Threei} good job :)
[07:49] {Threei} yesssss
[07:49] {Threei} GLBL new high
[07:49] {Threei} whole 1 cents higher than old high
[07:49] {_sirzuke} bout time
[07:50] {craigaudio} trust me to miss the quick NVDA money winner be sitting with the turtle all day
[07:50] {craigaudio} :-)
[07:50] {Threei} why miss?
[07:50] {craigaudio} dont ask
[07:50] {Threei} it was fairly easy to get
[07:50] {Threei} OK, I won't
[07:50] {craigaudio} PC trouble
[07:50] {Threei} argh
[07:50] {_sirzuke} threei, are you moving your stop up?
[07:51] {Threei} after .60 break, to .48
[07:51] {dino} infn
[07:51] {magoo} nvda feels over 40, anty thoughts??
[07:52] {Threei} thoughts?
[07:52] {Threei} that's flattering
[07:53] {_sirzuke} gs moving
[07:54] {magoo} heres my problem with GLBL if u want to hear
[07:54] {dino} figures
[07:54] {_sirzuke} pray tell
[07:54] {Threei} you impatient ones
[07:54] {Threei} just dump it
[07:54] {magoo} enty was .55, 2 hrs we down .08 cents and barely up .05 cents for 1 minute
[07:55] {magoo} waste to much enrergy reading a nonevent
[07:55] {magoo} and you mis a mover
[07:55] {Threei} that's because you are trying to read what is not there
[07:55] {dino} merv l .00, stop lod
[07:55] {Threei} it's a noise
[07:55] {dino} mer
[07:55] {Threei} not a move
[07:56] {Threei} if you can, let it be and play other stocks meanwhile,
[07:56] {Threei} if you can't, dump it and forget it
[07:56] {magoo} look , i hope u are right,
[07:56] {Threei} you are up 4 cents
[07:56] {Threei} 5
[07:56] {_sirzuke} glbl just hit. .61
[07:57] {_sirzuke} needs to keep above
[07:57] {Threei} not all stocks match all personalities
[07:57] {magoo} u pushing your luck little man {soup nazi to george }
[07:57] {Threei} I hate GS or DE type of movements, I don't play them
[07:57] {Threei} you hate GLBL type, don't play it
[07:57] {_sirzuke} gs good for short scalp
[07:57] {Threei} for you
[07:57] {Threei} for me, it's not
[07:58] {Threei} there are no objectively good or bad stocks
[07:58] {Threei} or moves
[07:58] {dino} no soup for you
[07:58] {DaveG} lol
[07:58] {Threei} there are stocks and moves matching one's personality or not
[08:00] {_sirzuke} yes penn!
[08:02] {Threei} .48 new stop
[08:06] {dino} out mer -.15
[08:06] {esemde} gotta like that swhc for a swing trade.....volume up 383%...cup and handle of the 2min chart
[08:07] {dino} ati hl s .00
[08:07] {esemde} am not going to do it...can't monitor it enough today.....but it looks good
[08:09] {Threei} to me, SWHC is 16.01 trigger
[08:09] {magoo} vad, is NVDA a bounce candidate and where in your opinion? (as magoo ducks from vads earlier wrath)
[08:09] {dino} i'll tell you whats looking good, ese, that beck quick, quite pleasant to look at
[08:09] {dino} becky
[08:09] {esemde} agreed Vad
[08:10] {Threei} feels like around .40 magoo
[08:10] {DaveG} my boss spent the day yesterday with Prince Charles and then later with Mick Jagger
[08:10] {lklarson} out half glbl 1:1 thx vad
[08:10] {Threei} but not on a price alone
[08:10] {DaveG} he's showing me pics
[08:10] {DaveG} unbeleivable
[08:10] {dino} cool
[08:10] {Threei} wait for strength to return on L2/T&S to confirm chart
[08:10] {esemde} Dave .......Mick.....your god man!!!
[08:10] {Roman} long NVDA 39.40
[08:10] {esemde} that almost puts you right there
[08:11] {Threei} welcome lkl, good patience
[08:11] {craigaudio} you still in vad?
[08:11] {Threei} yeah, will sell half on spike over .65
[08:11] {Threei} if it comes of course
[08:12] {craigaudio} hopefully
[08:13] {Threei} hesitance, NVDA... not sure
[08:16] {Roman} i just want 12 cents
[08:17] {Roman} out of NVDA
[08:17] {_sirzuke} out GLBL.....61 +.5
[08:17] {Roman} JASO high
[08:18] {Roman} will try small SOLF
[08:19] {Roman} out NVDA -.05
[08:21] {dino} cov ati .77, +.23
[08:21] {esemde} JASO = ever ready battery lately
[08:22] {Roman} MIVA high, slow so far
[08:22] {dino} bsc hl s .80, stop .01
[08:23] {_sirzuke} bsc moving along with gs
[08:24] {dino} y
[08:27] {_sirzuke} bsc...seems leading indicator to gs
[08:29] {magoo} u do amaze me with where u place stoips vad, a compliment
[08:29] {Threei} ty
[08:30] {_sirzuke} Nice play on BSC!
[08:30] {_sirzuke} i would cover
[08:32] {Threei} market is locked in 5 points range for 2 hours
[08:32] {DaveG} mkt's rolling over
[08:32] {DaveG} somewhat
[08:34] {dino} cov bsc .06,
[08:34] {dino} +.74
[08:34] {_sirzuke} awesome!
[08:34] {Threei} wtg
[08:34] {dino} lucky
[08:35] {dino} brb
[08:36] {craigaudio} HANS buyable here?
[08:37] {Threei} nothing recognizable by me
[08:42] {magoo} anything recocognizable MON vad?
[08:42] {Threei} closer to 65, gets interesting
[08:42] {esemde} more shortable than anything i think Craig...lower highs etc..
[08:42] {magoo} loss of 65 might be short though
[08:42] {esemde} and heading down now
[08:44] {Threei} short only if goes through some consolidation first, magoo
[08:44] {Threei} staying under .25 or so
[08:45] {_sirzuke} bsc is diverged from GS...so dhould be a good long ...but risky
[08:46] {dino} lol sir, it does what it does, no worries or overthinking bro
[08:47] * Threei awards Brotherhood in Zen medal to dino
[08:48] {dino} narly (?) dude
[08:48] {dino} phm s .00, stop .21
[08:48] {Threei} narly?
[08:48] {dino} yeah, ted's adventure?
[08:49] {DaveG} gnarly
[08:49] {Threei} ygh... sorry, didn't watch it :)
[08:49] {dino} dave has it
[08:50] {DaveG} Gnarly is when you've gone beyond radical, beyond extreme, it's balls out danger, & or perfection, & or skill or all of that combined.
[08:50] {dino} i guess i used it wrong in the zen context
[08:51] {Threei} no worry, I am utterly lost anyway
[08:51] {Threei} and this is my permanent state
[08:51] {Threei} so even if added to it, you can't possibly add much {G}
[08:57] {Threei} MON is trying
[08:57] {_sirzuke} mon for short?
[08:58] {Threei} yeah
[08:58] {Roman} CRDN Ceradyne's lightweight armor selected by U.S. army for advanced evaluation (70.23 +1.94)
[09:00] {_sirzuke} short MON under lod?
[09:01] {Threei} 65 break was a trigger... it's not my preferred trade really
[09:01] {Threei} I was commenting on magoo's setup
[09:01] {dino} hl s penn .30, stop .51
[09:05] {esemde} off for the day everyone...have a great one
[09:06] {Threei} take care esemde
[09:06] {dino} cya ese
[09:08] {magoo} i like it long noew, was just saying that loss of 65 could be a short indicator ..MON
[09:10] {Roman} SWHC
[09:11] {Threei} finger on a trigger
[09:13] {dino} kndl hl s .65
[09:18] {dino} penn stopped -.24
[09:18] {_sirzuke} i hate sean
[09:19] {DaveG} freakin' golf is on again
[09:20] {dino} kndl stopped .81 -.16
[09:20] {_sirzuke} swhc?
[09:21] {Roman} in SWHC
[09:21] {_sirzuke} does it matter that the ASK side is much deeper than the bid?
[09:21] {Threei} trigger 16.01
[09:21] {Roman} i am in small 16
[09:21] {Threei} so you enter if that offer gets eaten
[09:26] {DaveG} i need to follow my instincts better
[09:26] {DaveG} was gonna short DE 40 cents ago
[09:26] {DaveG} sigh
[09:26] {magoo} in SWHC
[09:27] {Threei} .85 stop
[09:29] {DaveG} 50 cents ago
[09:29] {DaveG} yeah, i know, corner
[09:30] {DaveG} (60)
[09:34] {DaveG} good thing R's not here
[09:40] {magoo} HANS long anyone?
[09:40] {magoo} wow..fast
[09:49] {_sirzuke} does anyone know of traders making an average of $500 a day?
[09:49] {_sirzuke} daytrading?
[09:50] {Threei} a lot
[09:50] {craigaudio} i know a guy who makes usually $1k a day
[09:51] {craigaudio} trades max 4 trades
[09:51] {DaveG} my day goal is 500
[09:51] {_sirzuke} seems possible
[09:51] {Roman} i know a guy (magoo) who makes 5k day
[09:51] {craigaudio} wth experience
[09:51] {dino} sir, i do it
[09:51] {dino} new goal is now 600/day
[09:51] {craigaudio} 5k a day magoo?
[09:51] {craigaudio} nice
[09:51] {_sirzuke} does everyone here trade through an LLC or just as an "individual"
[09:52] {dino} individual
[09:52] {magoo} nNAH, but me and nes used to nail some whoppers i will say that
[09:52] {DaveG} corporation
[09:53] {_sirzuke} doing some research on the pros and cons of each...but LLC seems best because of mark-to-market method
[09:53] {Chaeron} Sir - we're all C corps... Threei is really Mr. Goldman from Goldman Sachs.. , Dave is Dave Merrill, and me? I'm E.F. Huttun :)
[09:53] {dino} and magoo is the marshmellon man
[09:54] {Chaeron} dino - nice little one or the big one in Ghostbusters?
[09:54] {DaveG} out DE +.42
[09:54] {DaveG} woo hoo1
[09:54] {dino} the stay puff from gb
[09:58] {dino} cov phm .91, +.09, taking lunch break
[10:04] {craigaudio} right guys im off
[10:04] {craigaudio} have a good weekend everyone
[10:04] {Threei} you too craig
[10:08] {Chaeron} what is this? Where is everyone going???
[10:08] {Threei} slackers
[10:08] {DaveG} i'm still here
[10:08] {Threei} no discipline whatsoever
[10:08] {Threei} nor passion
[10:08] {Threei} although you need a lot of passion to watch paint drying :)
[10:09] {Threei} over 3 hours of 5 points range
[10:09] {dptl} you guys still in/ swhc
[10:09] {Threei} sold half at .10
[10:09] {Threei} half is still here but barely
[10:10] {magoo} i am.sigh
[10:10] {magoo} a boner
[10:12] {magoo} nvda a short? mkt down a little
[10:12] {Threei} no read magoo
[10:13] {Threei} it's all jellyfish
[10:13] {Threei} whichever way you cut it, it returns in its original state
[10:14] {Threei} can drop, can rise... what is there to help tell whether market drops or bounces back in its range
[10:14] {Threei} in market like this, it's some news play or bust
[10:19] {magoo} out SWHC
[10:28] {DaveG} it's friday isn't it
[10:33] {DaveG} wow, they are really riding DE down
[10:40] {dino} .
[10:46] {DaveG} till now :)
[10:48] {Threei} lol
[10:48] {dino} ms l .00, stop .79
[10:53] {_sirzuke} nice call on ms
[10:53] {DaveG} bounces abound
[10:55] {_sirzuke} i'd jump out now however
[10:55] {_sirzuke} at least half
[10:56] {Threei} watching HAIN
[10:57] {magoo} or HAN?
[10:57] {Threei} possible short after little bounce
[10:57] {dino} nah, stop is in let it trade\on ms
[10:57] {Threei} or half lor .88
[10:57] {_sirzuke} thin volume stock but good spread
[10:59] {Threei} 29.01 stop
[11:07] {DaveG} cover de +.30
[11:09] {Threei} 1:1
[11:10] {dino} gj dave
[11:10] {DaveG} ty, good day today
[11:10] {lklarson} out hain 1:1 thx boss
[11:10] {Threei} welcome
[11:11] {lklarson} 3:3 you have earned your stripes today. lol
[11:11] {Threei} woohooo
[11:11] {dino} ms stopped -.21
[11:11] {Threei} where is my medal?
[11:11] * DaveG slaps Threei around a bit with a large trout
[11:11] {DaveG} right thre
[11:11] {Threei} here it is
[11:11] {DaveG} there
[11:12] {DaveG} sorry, coulcn't help myself :)
[11:12] {lklarson} hey, will a botle of vodka do
[11:12] {Threei} always
[11:12] {Threei} grey goose is just fine
[11:13] {Threei} otherwise, I am 12 years old Glenglivet fan
[11:13] {DaveG} i'm looking at a bottle of Grey Goose right now
[11:13] {lklarson} well, need to do 5:5 for that one
[11:13] {DaveG} they have one sitting on top of the TV
[11:13] {Threei} 5:5 will weigh 18 years old
[11:14] {Threei} magoo... tell me you got HAIN
[11:14] {magoo} no..
[11:14] {Threei} ugh
[11:15] * DaveG slaps magoo around a bit with a large trout
[11:15] {magoo} i lost faith..i took swhc and glbc
[11:15] {magoo} not too impressed with those
[11:16] {Threei} like you expect every trade to be a winner
[11:17] {Threei} what does it have to do with faith... you like setup or you don't :)
[11:17] {_sirzuke} what is the normal win : loss ratio here?
[11:17] {DaveG} we never have any losing trades
[11:17] {DaveG} ever
[11:18] {_sirzuke} yes!
[11:18] {magoo} i am a little disgusted with today and yesterday as if you can not tell...SORRY
[11:18] {lklarson} lol
[11:18] {DaveG} we still love you magoo
[11:19] {Threei} speak for yourself dave. I am straight
[11:19] {Threei} (not that there is anything's worng with it)
[11:19] * DaveG slaps Threei around a bit with a large trout
[11:19] {dptl} lol
[11:20] {Threei} dave's vocabulary deteriorates on daily basis
[11:20] {Threei} he is really down to a single answer to anything
[11:20] {dptl} ok...take care everyone have a good weekend
[11:20] {DaveG} take care dp
[11:21] {Threei} {Raven} as if it's possible for vocabularies here to deteriorate any further
[11:21] {Threei} bye dp
[11:21] {DaveG} lol
[11:21] {lklarson} adios dp
[11:34] {dino} cya dp
[11:38] {_sirzuke} anybody trading now?
[11:38] {Threei} nothing is moving
[11:38] {Threei} NQ is still in that same range
[12:09] {Threei} I think scanner shrugged and quit
[12:10] {DaveG} :)
[12:11] {dino} ati l .00
[12:15] {Threei} JOYG is breakout candidate at 62 - if any breakouts can work still
[12:20] {cosmo} HANS up
[12:20] {DaveG} well, i'm outta here, have a great weekend and Happy Fathers Day to all the dads!
[12:21] {Threei} you too dave
[12:21] {lklarson} have a good one dave
[12:21] {cosmo} i'm not a dad...i dont think
[12:23] {dino} out ati .30, +.30
[12:29] {Threei} I find it hard to stand the excitement guys... asking myself for 67th time whether we break 1965-1670 this time or not
[12:29] {Threei} have a great relaxing weekend
[12:29] {Threei} I'll see you Monday morning
[12:29] {lklarson} take care vad:)
[12:32] {dino} hl l gs .40
[12:55] {lklarson} have a nice weekend all
[12:59] {dino} out gs .09, -.31 hl

Thursday, June 14, 2007

Realitytrader TradeLog - June 14, 2007

Session Start: Thu Jun 14 00:00:00 2007

Session Time: Thu Jun 14 00:00:00 2007

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[05:36] {DaveG} morning
[05:50] {Roman} good morning
[05:50] {Roman} HOKU gapping on contract news
[05:51] {Roman} up 63% so far
[05:51] {DaveG} it's near it low ah
[05:52] {DaveG} at lows now
[05:53] {DaveG} i know...too few letters, but KRY is up big also
[05:59] {Threei} good morning
[06:00] {DaveG} morning sir
[06:00] {Threei} hey Davieo
[06:01] {DaveG} any news re: Nesi?
[06:01] {Threei} no
[06:01] {DaveG} k
[06:10] {dino} gm all
[06:10] {Threei} dino :)
[06:10] {lklarson} morn all
[06:10] {Threei} lkl :)
[06:16] {esemde} Morning RT's
[06:17] {Threei} esemde :)
[06:17] {_sirzuke} morning
[06:17] {Threei} sirzuke :)
[06:18] {craigaudio} gm vad, traders
[06:19] {Threei} craig :)
[06:21] {esemde} anybody see any news on SYMC ....it's on my most active screenthis morning
[06:22] {DaveG} stock buyback
[06:22] {esemde} tks Dave
[06:22] {Threei} not much gap though
[06:22] {esemde} no,,,but daily chart looks good
[06:23] {Threei} buyback are rarely very popular
[06:23] {Threei} as catalyst for the move
[06:23] {dptl} good morn. all
[06:23] {Threei} dp :)
[06:24] {_sirzuke} dino...did you take a look at GS?
[06:24] * Threei slaps LaserDave around a bit with a large trout
[06:26] {dino} stalking brokers, bsc, gs
[06:31] {dino} bsc hl s .40 risky
[06:31] {Threei} watching HOKU
[06:31] {Threei} 7.40 support
[06:33] {dino} too soon stopped
[06:34] {Threei} 7.71 long half lot, stop 7.49
[06:35] {Threei} 1:1
[06:36] {craigaudio} nightmare didnt get out in time
[06:36] {Threei} trail stop to .59
[06:37] {cosmo} need to work on lucid dreaming, craig...
[06:37] {Threei} you are in the money even now, what's so nightmarish about it
[06:38] {craigaudio} i missed my exit
[06:39] {magoo} morn, running late
[06:39] {Threei} hi magoo
[06:40] {magoo} u in out HOKU vad? apoligize late here
[06:40] {Threei} I am at 1:1
[06:40] {magoo} entry?
[06:40] {Threei} ummm... lemme try again
[06:40] {Threei} out at 1:1
[06:41] {Threei} entry was .71
[06:41] {magoo} nice
[06:42] {Threei} GLBL
[06:43] {Threei} .18 long
[06:43] {Threei} .09 stop
[06:46] {magoo} quote server vad ?
[06:46] {Threei} 6
[06:46] {magoo} tyy
[06:46] {DaveG} out partial de +.40
[06:47] {DaveG} damn partials
[06:47] {magoo} in glbl
[06:48] {magoo} watching AMZN again
[06:49] {dino} cal s .24, stop .51
[06:49] {magoo} watchinh HOKU vad
[06:50] {esemde} long LNUX .28 stop .05 target .55
[06:50] {Threei} if holding above .60
[06:50] {Threei} .81 becomes new long trigger then
[06:50] {Roman} solars kinda on radar SOLF JASO
[06:51] {magoo} yeah..to take it 8.11 8.23 area
[06:51] {lklarson} stopped hoku
[06:51] {Roman} CSUN long CSUN small
[06:52] {craigaudio} knew missing 1:1 was a nightmare
[06:52] {_sirzuke} how about BARE long
[06:52] {Threei} OK, didn't want to go into it while trade was on, but can ask now
[06:53] {Threei} why not offer shares at your targeted price?
[06:53] {Threei} so that they get taken if stock spikes to it
[06:53] {Threei} instead of hoping to hit it on the fly
[06:53] {Threei} which could be a questionable proposition on a fast stock?
[06:53] {craigaudio} y
[06:54] {craigaudio} amzn
[06:54] {Threei} BARE, maybe... .17 with stop under 36
[06:56] {_sirzuke} Roman...good CSUN!
[06:57] {Roman} not bad
[06:57] {Roman} going with soldars
[06:57] {Roman} watching ESLR, SOLF, JASO as well
[06:57] {Roman} solars that is
[06:57] {magoo} long trigger amzn .63 to go over or near 72 today...risky half
[06:57] {Roman} TASR slowly creeping back to high
[06:59] {lklarson} GLBL 1:1
[06:59] {craigaudio} im out half
[07:00] {magoo} go amzn
[07:01] {magoo} .86 turned it back yesterday
[07:04] {magoo} i wait amzn .85 - .95 area
[07:04] {magoo} i'd
[07:04] {Threei} half out GLBL, stop to .14
[07:07] {magoo} aqnd stop it flat
[07:07] {magoo} and
[07:08] {lklarson} vad, glbl is a nice little turtle, slow and easy and no stress
[07:09] {Threei} yup... climbing day after day
[07:09] {Threei} I am missinbg it day after day
[07:09] {Threei} today decided no more
[07:09] {lklarson} good work boss, lol
[07:09] {Threei} lol
[07:10] {Threei} my problem with it was, it's a slow climber, if you don't get it early it dorsn't offer clear chance for entry
[07:11] {magoo} some serious resistance there, a good long trigger now AMZN is .86 to go over 72
[07:11] {Threei} so I watched it today from the start to get some kind of open break
[07:11] {magoo} takes 72, go 72.34 area easy
[07:11] {magoo} big IF though, needs to cut down .86
[07:11] {lklarson} ok, looks determined so far
[07:12] {magoo} dino says the turtle always wins the race
[07:12] {magoo} always tellin magoo that
[07:13] {magoo} more like lecturing
[07:13] {magoo} lol
[07:13] {dino} you need it
[07:13] {magoo} among many needs ...YES I DO : )
[07:13] {Threei} dino... do you accompany the lecture with a trout?
[07:13] {lklarson} lol
[07:13] {Threei} 'cause without it it's not effective
[07:13] {DaveG} scalped DE again +.30
[07:13] {Threei} at least when it comes to magoo
[07:13] {DaveG} 2 for 2
[07:13] {dino} no, usually its over beer, that may be the problem
[07:14] {magoo} dave, why not let us in on entry..u nailing it
[07:14] {Threei} there... negative motivation
[07:14] {Threei} lecture with beer,
[07:14] {Threei} of course he wants more lectures
[07:14] {DaveG} i know mags, i'm sorry, i just need more time
[07:14] {magoo} ok, just notice u got DE dialed in
[07:14] {dino} ahh, i'll have to start buying cheap beer, i can't take more than 7 hours w/him sober
[07:15] {magoo} but intoxicarted..he can go an xtra 4 lol
[07:16] {magoo} for newbies...iyts not that i can't spell...i just can't type
[07:16] {DaveG} sure
[07:16] {magoo} intoxicarted, lol
[07:17] {magoo} to bad HOKU not avail sh vad, looked into it
[07:19] {Roman} GNBT Generex Biotech awarded new U.S. patents for its core vaccine technologies (1.87 -0.05)
[07:19] {magoo} OH OH
[07:20] {_sirzuke} is that a buy or short for GNBT?
[07:20] {magoo} dunno, lets wait for "frenzy"
[07:20] {magoo} oght to be long..not in
[07:21] {magoo} either roman early or no one cares
[07:22] {dino} try again, s bsc .08
[07:22] {dino} hl risky, wide stop
[07:28] {DaveG} one thing i've been doing lately that seems to work well is have a chart of the cbot 30 year bond up
[07:28] {DaveG} when it moves, then the dow moves, then de moves
[07:28] {DaveG} fwiw
[07:29] {craigaudio} sounds interesting dave
[07:29] {Threei} GLBL stop to.23
[07:30] {dino} bsc stopped again, done w/it
[07:30] {_sirzuke} damn...I shouldn't have sold so early on glbl
[07:30] {lklarson} out 1/3 GLBL, nice little turtle:)
[07:31] {_sirzuke} dino...do you use CCI indicator?
[07:31] {Threei} I know the answer
[07:31] {Threei} {dino} what's CCI?
[07:31] {_sirzuke} channel commodity indicator
[07:32] {Threei} out 1/4 more GLBL, stop to .29
[07:32] {dino} no
[07:33] {esemde} Dave is that symbol TYX
[07:33] {_sirzuke} some use macd or rsi instead but CCI seems more reliable
[07:33] {craigaudio} dave whats the ticker for the CBOT 30 bond?
[07:33] {magoo} roman, u got any GNBT?
[07:34] {Threei} reliable as in doing what?
[07:34] {Roman} no, i pass this time
[07:35] {DaveG} it's currently /ZBU7
[07:35] {magoo} thought maybe swingin iyt
[07:35] {Roman} noep
[07:35] {dino} less is more for me sir, been at it awhile, seems less i know, better i do
[07:35] {magoo} long amzn
[07:35] {magoo} now
[07:35] {magoo} .69
[07:36] {_sirzuke} showing trends either oversold or overbought at the time...anyway it is the only one I use besides volume under the chart
[07:37] {dino} ty, but i am what i am
[07:37] {_sirzuke} sure
[07:38] {Threei} GLBL becoming a bit jerky
[07:38] {Threei} stop is still at .29
[07:39] {craigaudio} thnks dave
[07:40] {magoo} stopped amzn - .20 HL
[07:40] {dino} gotta hop in 5, be back around noon. r.e. cloing
[07:40] {magoo} should have waited for my trigger .86
[07:40] {dino} closing
[07:41] {craigaudio} think GNBT looks good
[07:41] {dino} hard stop cal .51
[07:41] {Threei} done with GLBL
[07:46] {dino} pery spike
[07:46] {dino} later
[07:46] {Threei} take care dino
[07:47] {Threei} btw, you leave any babysitter with magoo?
[07:47] {Threei} you can't possibly unleash him on us unchecked?
[07:47] {dino} u r in charge
[07:47] {Threei} uh oh
[07:48] {magoo} vad..look at PERY
[07:49] {Threei} hate the spread
[07:50] {Threei} too thin for my taste
[07:50] {magoo} i was thinkin half lot short scalp somewhere
[07:51] {_sirzuke} how is MICC for short?
[07:51] {Threei} yikes
[07:51] {_sirzuke} thats a no
[07:51] {Threei} not touching that stock with esemde's golf putter
[07:52] {Threei} or is it driver
[07:52] {Threei} anyway, with that titanium L-shaped thingy
[07:55] {Threei} too bad HOKU is not shortable... bounce to .20 - .25 would be ideal entry
[07:56] {magoo} GNBT over 2
[07:56] {craigaudio} im in from .90
[07:56] {magoo} u dog
[07:56] {Threei} good one craig... I didn't really believe in it
[07:57] {craigaudio} daily looks good and risk low. market strong too
[07:58] {_sirzuke} market is dropping however
[07:58] {Threei} just protect your profits on it craig
[07:58] {Threei} it's a treacherous stock
[07:58] {craigaudio} im already out half and stop on entry on back half
[07:59] {Threei} perfect
[07:59] {Threei} your trading becomes way more structured, I have top say
[07:59] {Threei} to
[07:59] * magoo slaps Threei around a bit with a large trout
[07:59] {Threei} dunno if you notice the difference but quite noticeable from aside
[07:59] {magoo} dino away...magoo can play
[07:59] {craigaudio} AKAM
[07:59] {Threei} what was that for magoo?
[08:00] {magoo} no reasaon
[08:00] {Threei} got it
[08:00] {magoo} your gonna get it : )
[08:01] {Threei} with dino away and noone to babysit you and control your violent instincts... no doubt {G}
[08:04] {DaveG} oh yeah, Raven is in Maine
[08:04] {DaveG} hmmm
[08:05] {Threei} ASIA continues
[08:05] {Threei} watching for pullback to help with entry
[08:08] {magoo} asia phones vad "i leaving station withoutcha"
[08:09] {Threei} if no pullback deeper than 9.50, 9.61 becomes aa long trigger
[08:09] {Threei} and aggressive entry is an option
[08:10] {magoo} how u buy its "option?"
[08:10] * Threei slaps magoo around a bit with a large trout
[08:11] {Roman} SWHC
[08:11] {Roman} long15.10 small
[08:15] {Roman} NQ not helping here
[08:17] {_sirzuke} spy
[08:18] {_sirzuke} forget that entry...thought I was on a chart window
[08:18] {Roman} IBIS pop
[08:18] {Roman} 12k trade
[08:18] {Roman} traded
[08:26] {Threei} awww GLBL
[08:31] {Roman} SOLF
[08:31] {_sirzuke} fdg?
[08:31] {Threei} valid trade on 30 break
[08:31] {esemde} have a great day everyone
[08:32] {Threei} take care esemde
[08:32] {magoo} u 2 ES
[08:42] {Roman} out SWHC -.11
[08:50] {Roman} VCLK
[08:50] {Roman} U.S. heating oil futures jump 2% to above $2.00/gal on supply concerns, highest since Sept 2006 - Reuters
[08:50] {Roman} VCLK could be buyout speculation
[08:51] {Roman} that don't recommend shorting it
[08:53] {Roman} Crude oil extends to session highs, currently 67.65 +1.39
[08:53] {DaveG} short de 120.20
[08:56] {Threei} ASIA stays at the high
[08:56] {Threei} 9.55 - 9.60 consolidation range
[08:56] {DaveG} every time i post i lose
[08:57] {Threei} it's not above resistance yet
[08:57] {Threei} DE
[09:03] {DaveG} stopped
[09:06] {craigaudio} you in ASIA vad?
[09:06] {craigaudio} just fired
[09:07] {Threei} yup
[09:07] {Threei} .54 stop
[09:07] {dptl} can't beleive this...asia was waiting forever and missed it
[09:07] {Threei} lol
[09:08] {magoo} what entry u take vad?
[09:08] {Threei} got .62
[09:12] {DaveG} 32450987123400&*(
[09:12] {DaveG} oops
[09:12] {DaveG} sorry
[09:13] {Roman} this is loarge number
[09:13] {Roman} i see where the volume is coming from now
[09:13] {DaveG} lol
[09:13] {DaveG} and that was half lot!
[09:14] {DaveG} ;-)
[09:14] {Roman} nice
[09:14] {DaveG} i wish
[09:14] {dino} back
[09:21] {lklarson} thank god, magoo has been completely out of control
[09:21] {Threei} lol
[09:21] {lklarson} please give him some beer or something, lol
[09:21] {DaveG} lol
[09:21] {Threei} beer pacifier
[09:22] {dino} lol
[09:22] {dino} well, at least the building is still here
[09:22] {magoo} AMZN botheres me...if IF it takes .86, we gonna party like its 1999
[09:23] {Threei} how did you arrive to .86 as a trigger?
[09:24] {magoo} it turned it back yesterday twice
[09:24] {Threei} got it
[09:24] {Threei} ASIA 1:1
[09:25] {magoo} and today we got denied close to it
[09:25] {DaveG} out DE +.23
[09:25] {dptl} crying watching asia....
[09:26] {craigaudio} you flipped it dave?
[09:26] {lklarson} i feel it too dp, took my eye off it for a second and it was gone
[09:26] {magoo} crying over 7 cents???
[09:26] {dptl} missed it.....
[09:27] {magoo} missed what really..? 7 cents
[09:27] {dptl} entry
[09:27] {Threei} lol magoo... you would be amazed to know how many people trade for 2 cents
[09:27] {Threei} and consider themselves to be very lucky to get 5
[09:27] {magoo} how many shares?
[09:28] {Threei} depends on where they are in prop shop ladder
[09:28] {dptl} o ye.......i am aroun 15 of those
[09:28] {dptl} lol
[09:28] {Threei} but, believe it or nort, they start with 100
[09:29] {magoo} u wanna cry, wait till amzn breaks 72 and u just watching it lol
[09:29] {Threei} and don't get to move to 200 until they prove they can be consistently profitable with 100
[09:29] {Threei} which to me is like ancient joke about training people to dive in the ppol from trampolin
[09:29] {dptl} yep that's right...can't wait when i am going to trade at home
[09:30] {Threei} "when you get good at it, we will pour water in the pool"
[09:30] {dptl} lol
[09:30] {dino} where do you get this stuff?
[09:30] {Threei} I have colorful past...
[09:31] {Threei} if you mean joke, lol
[09:31] {Threei} if prop shop story, well... I comunicate with a lot of people
[09:31] {dino} bizarre past my be more appropriate, :)
[09:31] {Threei} 20-25 e-mails a day from all walks of life
[09:32] {Threei} from disgrunted investors to 1 cent tick-f*ckers
[09:32] {Threei} bizarre works too :)
[09:32] {Threei} http://www.realitytrader.com/freechapters.html#chapter1
[09:33] {DaveG} [11:25] {craigaudio} you flipped it dave?.......yes
[09:33] {craigaudio} gj
[09:33] {DaveG} ty
[09:34] {DaveG} another buy signal about to occur on it
[09:34] {DaveG} with ym confirm
[09:35] {magoo} DE dave
[09:35] {magoo} u talking avbout DE?
[09:35] {DaveG} y
[09:35] {craigaudio} break of 21
[09:35] {DaveG} y
[09:35] {craigaudio} 121.21
[09:36] {DaveG} ym's not confirming though
[09:36] {craigaudio} consolidating nicely
[09:43] {magoo} AMZN gonna do it..as in 72
[09:43] {dino} luna s .89, stop .01
[09:45] {dptl} i think i gonna speak chinese pretty soon...out of 15 people in the office 14 are asian and i am only one not
[09:46] * Threei is urgently translating his book and course to Chinese
[09:47] {magoo} any hot asian blondes?
[09:47] * DaveG slaps magoo around a bit with a large trout
[09:47] {dptl} it was couple but they quit
[09:47] {dptl} lol
[09:48] {dino} dam, to be young and free again
[09:48] {Threei} youth is wasted on young
[09:48] * Chaeron buying magoo a blonde wig for Christmas....
[09:49] {dptl} o boy
[09:49] {cosmo} i was an old man, trapped in a child's body
[09:50] {cosmo} that's why i cut school
[09:50] {cosmo} but... no matter
[09:50] {dino} chaeron, please don't
[09:50] {DaveG} yeah, cause dino will be the one wearing it
[09:51] {DaveG} poor thing
[09:51] {dino} grrrr
[09:51] {DaveG} :)
[09:52] {magoo} YES
[09:53] {magoo} 72
[09:54] {magoo} OUYT .07
[09:54] {magoo} uh vad....u see that??
[09:55] {magoo} now, what about this wig he he??
[09:55] {magoo} dp, U CRYING NOW?
[09:56] {magoo} it was .43 when i told you that earlier
[09:56] {dptl} lol
[09:56] {magoo} [12:28] {magoo} u wanna cry, wait till amzn breaks 72 and u just watching it lol
[09:56] {magoo} [12:28] {Threei} and don't get to m
[09:58] {magoo} someday, when i get bigger, i gonna short them after my long exits, but not today...
[09:59] {magoo} make double...i like oreo double stuff...so i sure i woulds like to make doyuble
[10:00] {magoo} am i here? someone slap me
[10:01] * craigaudio slaps magoo around a bit with a large trout
[10:01] * Threei slaps magoo around a bit with a large trout
[10:02] {dptl} ok leaving early....take care everyone.talk to you tomorrow
[10:03] {Threei} bye dp
[10:03] {magoo} c u dp
[10:04] {dino} and some day, i will make food that all kids will like
[10:11] {Roman} out CSUN +.47
[10:11] {dino} nice
[10:12] {DaveG} wtg Roman
[10:12] {dino} airt s .04, stop .21
[10:18] * magoo slaps Roman around a bit with a large trout
[10:41] {DaveG} zzz
[10:42] {DaveG} the guys here have golf on the tv, talk about a bore
[10:43] {Threei} well, with market locked in 2 points range for hours...
[10:44] {DaveG} yeah
[10:44] {DaveG} but golf?
[10:44] {DaveG} watching guys walk around a lawn
[10:45] {DaveG} chasing little white balls
[10:46] {dino} hey! i happen to like playing golf
[10:46] {dino} although i''m watching mtv
[10:47] {DaveG} go throw a golf ball at mags
[10:47] {dino} he left for a bit\
[11:02] {dino} hl l gs .71
[11:12] {Threei} GRMN small shares long
[11:12] {Threei} stop under 120.90
[11:12] {DaveG} say what
[11:13] {Threei} argh... wrong symbol, sorry
[11:13] {Threei} stop under 68.90
[11:13] {DaveG} were you looking at DE?
[11:13] {Threei} both, lol
[11:13] {craigaudio} ?
[11:14] {craigaudio} whatstock?
[11:14] {Threei} symbol was from one chart, price from another
[11:14] {Threei} GRMN, 69.01
[11:17] {DaveG} if you got that price, your amazing
[11:18] {Threei} got .02
[11:19] {Threei} 1 cent less than amazing
[11:23] {DaveG} how much you looking for on it?
[11:23] {DaveG} "what it will give me dave"
[11:24] {Threei} nice monologue
[11:24] {DaveG} why thank you
[11:24] {DaveG} i pride myself on answering my own questions
[11:25] {Threei} very noble of you to liberate me from necessity to answer them
[11:25] {DaveG} i aim to please
[11:26] {Threei} you succeed
[11:26] {Threei} move your butt already GRMN
[11:26] {magoo} BACK...sheesh...comp gremlins
[11:26] {Threei} unleash dave on them
[11:28] {DaveG} try a defrag
[11:31] {DaveG} there ya go vad
[11:31] {DaveG} or not
[11:32] {DaveG} inching up for ya
[11:33] {Threei} just a noise
[11:33] {DaveG} sorry, i'll try to keep it down
[11:33] {Threei} lol
[11:33] {DaveG} :)
[11:33] * Threei slaps DaveG around a bit with a large trout
[11:33] {DaveG} hehe :)
[11:34] {_sirzuke} gs on the rise with low volume...what does that say/
[11:34] {_sirzuke} ?
[11:34] {dino} l nxst .30
[11:35] {craigaudio} i think market higher
[11:37] {dino} says up
[11:38] {dino} sort of like, where do those stairs go
[11:38] {dino} ghostbusters
[11:38] {magoo} what?,,,,u guys afraid to say "R" word?
[11:39] {craigaudio} "i aint afraid of no ghost!"
[11:39] {DaveG} whats the r word?
[11:39] {craigaudio} (argh the marshmellow man will be at the top of the stairs)
[11:39] {magoo} dave, how'd that ENZYTE u ordered work for ya ? he he
[11:40] {DaveG} :)
[11:43] {craigaudio} your DE struggling at 121.50 dave
[11:44] {DaveG} yup
[11:51] {lklarson} adios all
[11:52] {Threei} take care lkl
[12:02] {magoo} vad, u still in GRMN..it was breifly below stop level
[12:03] {Threei} yes
[12:03] {magoo} me too
[12:03] {Threei} offering half at .18 and just couple cents shy of getting hit
[12:03] {magoo} where u waiting?
[12:04] {Threei} maybe I should stop trying to be cute and hit .15 :)
[12:07] {craigaudio} you guys still trading ASIA
[12:08] {Threei} yes
[12:08] {craigaudio} k
[12:14] {dino} out gs .60, +.90
[12:14] {dino} airt stopped .22, -.18
[12:16] {dino} l ms .45\
[12:21] {craigaudio} out grmn
[12:21] {Threei} half out here
[12:22] {Threei} stopped being cute and hit .15
[12:22] {craigaudio} gotta dash been waiting for it to move up or was gonna have to scratch it the lil bugger
[12:22] {craigaudio} ASIA might just have to get rid now for 3 cents
[12:22] {dptl} Vad you busy?
[12:23] {craigaudio} guys im off
[12:23] {craigaudio} see yuo tomorrow
[12:23] {Threei} take care craig
[12:23] {Threei} what's up dp?
[12:24] {_sirzuke} nice play dino on ms
[12:24] * Threei slaps dptl around a bit with a large trout
[12:25] {dptl} lol.......just a sec
[12:25] {dino} out ms .65, +.20
[12:26] {dptl} i am playing with laser demo here
[12:26] {_sirzuke} dino...half lot?
[12:26] {dino} ty sir
[12:27] {dino} no
[12:27] {dino} full
[12:28] {dptl} Vad can you dcc me pls
[12:30] {Threei} you are so lazy... doubleclick on my nick to save me the trouble {G}
[12:30] {dptl} :)
[12:43] {dino} cov luna .72, +.17
[12:49] {Threei} thank you all, have a good evening
[12:49] {Threei} see you tomorrow
[12:50] {_sirzuke} dosvidania
[12:50] {dino} nxst stopped -.18
[12:57] {dino} ok, calling it a day. thanks all, back tomorrow

Wednesday, June 13, 2007

Realitytrader TradeLog - June 13, 2007

Session Start: Wed Jun 13 00:00:01 2007

Session Time: Wed Jun 13 00:00:01 2007


Session Start: Wed Jun 13 07:13:36 2007
[07:13] *** Now talking in #discussions
[07:13] -admin- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
[07:14] {Threei} ugh... missed VRGY break of 30
[07:14] {dino} ty sir
[07:16] {dino} cov rig flat
[07:17] {magoo} if IF AMZN takes .50 , get near 72 imho RISKY halfer
[07:17] {Threei} VRGY small shares entry here
[07:18] {Threei} stop under .80
[07:18] {magoo} vad, apply foot to GNBT
[07:18] {Threei} GNBT, let the feeding frenzy begin
[07:20] {craigaudio} you playing break vad?
[07:20] {dino} ati l .85
[07:20] {craigaudio} ref:GNBT
[07:20] {Threei} in from .95, yesterday's high break
[07:20] {Threei} [09:54] {Threei} GNBT tries for yesterday's high
[07:20] {Threei} [09:54] {Threei} worth a try
[07:20] {Threei} [09:54] {Threei} feels over 2, has a good shot at 2.20 or so
[07:20] {dino} gna stopped -.06
[07:20] {craigaudio} ok. im in on last break 2
[07:21] {magoo} 09:54] {magoo} long .89
[07:21] {magoo} [09:54] {magoo} .45 long t
[07:23] {Roman} AMZN near high
[07:23] {Roman} dcel
[07:24] {esemde} any opinions on SAPE looks like cup and handle on 2min chart
[07:25] {dino} not here
[07:25] {Threei} feelas stalled
[07:25] {Threei} feels
[07:26] {esemde} tks
[07:27] {Threei} VRGY, stop to .89 if you are still in
[07:27] {dino} hl s decc .99
[07:28] {Threei} magoo... GNBT started following NQ
[07:28] {Threei} usual transformation... independent mover turns into follower as news effect wears off
[07:28] {magoo} yeah
[07:28] {magoo} one push i be out but.....
[07:29] {Threei} NQ has a good shot at breaking 1930
[07:29] {Threei} which should put GNBT over 2.05, lol
[07:29] {DaveG} that thing is so thick
[07:30] {Threei} well, you don't play 300 shares on it
[07:30] {magoo} not really dave respectfuklly submitted
[07:30] {dino} ati stopped, hmm, somethings' wromg w/it
[07:30] {DaveG} ok, i'll head over to my corner again
[07:31] {craigaudio} oil prices higher
[07:31] {Threei} and think of your behaviour
[07:32] {Threei} I am out magoo... sorry :)
[07:33] * magoo slaps Threei around a bit with a large trout
[07:33] {_sirzuke} aapl breaking
[07:33] {_sirzuke} lod
[07:33] {magoo} out .01 vad, 4k
[07:34] {Threei} got any left?
[07:34] {magoo} out full
[07:34] {magoo} from .89
[07:35] {magoo} nice trade
[07:35] {Threei} good entry
[07:35] {magoo} we gonna regrett the exit i'm afraid
[07:35] {Threei} you beat me on it by 6 cents, I beat you on exit by 1 and on size by 1K... overall balance is in your favor
[07:36] {craigaudio} you guys think its over for GNBT
[07:36] {Threei} not necessary
[07:36] {magoo} could be craig
[07:36] {craigaudio} ? im in from 2 break
[07:36] {magoo} frenzy over
[07:36] {magoo} out AMZN .61
[07:36] {Threei} will largely depend on NQ from here I believe
[07:36] {magoo} + .79
[07:36] {Threei} wtg magoo
[07:37] {Threei} see craig, our setups were different,
[07:37] {magoo} oh wait...laser got me .63 he he
[07:37] {Threei} different risk/reward relation,
[07:37] {Threei} so our take on the play development is different
[07:37] {Threei} you don't exit just because you think ther play is over
[07:37] {magoo} [09:51] {magoo} in amzn .89
[07:37] {Threei} you exit or partial when risk/reward ratio changes
[07:38] {Threei} to protect profits, maximize them etc
[07:38] {magoo} .74 whatever lol
[07:38] {Threei} if exit was solely dictated by the opinion that move is done, then we would go with entry in opposite direction as well, wouldn't we?
[07:39] {Threei} think of why we don't
[07:39] {craigaudio} ok i see
[07:39] {Threei} it will give you new level of understanding what this game is about
[07:39] {magoo} amzn going over 72 imho
[07:40] {magoo} hard breather tho...half lot
[07:40] {dino} tbsi s .21, stop hod
[07:40] {magoo} long trigger .65
[07:41] {DaveG} Raven needs a +
[07:42] {Threei} hmmmm GNBT ia stronger than it seemed
[07:42] {Threei} sneaky move
[07:42] {DaveG} thank you
[07:43] {Threei} dave, aka guard of order and tradition
[07:44] {Threei} craig, where was your original stop?
[07:44] {craigaudio} 1.89
[07:44] {craigaudio} now .94
[07:45] {_sirzuke} yeah for my apple puts
[07:47] {DaveG} bonds stronger
[07:50] {magoo} in amzn .65
[07:51] {magoo} out now
[07:51] {magoo} full lot
[07:51] {_sirzuke} good timing
[07:51] {magoo} i called it earlier...just followed plan
[07:52] {_sirzuke} do you use cci?
[07:52] {magoo} [10:39] {magoo} amzn going over 72 imho
[07:52] {magoo} [10:39] {magoo} hard breather tho...half lot
[07:52] {magoo} [10:39] {dino} tbsi s .21, stop hod
[07:52] {magoo} [10:40] {magoo} long trigger .65
[07:52] {magoo} [10:40] {D
[07:54] {magoo} amzn day high oin laser wrioong at .78...i know ..i got .85
[07:54] {magoo} shit got .89 on 100 shares
[07:55] {DaveG} i show 71.89
[07:55] {magoo} laser showing .78
[07:57] {DaveG} lmra
[07:58] {esemde} Vad your read on SAPE was excellent calling it weak...do you see any difference withTTMI
[07:58] {dino} cree
[07:59] * magoo slaps Roman around a bit with a large trout
[08:00] {Roman} GCOM Globecomm Systems awarded multiple contracts from a global multilateral organization valued at approx $2.1 mln (13.68 -0.05)
[08:01] {magoo} vad, wghats our stop vrgy?
[08:01] {Threei} [10:26] {Threei} VRGY, stop to .89 if you are still in
[08:02] {craigaudio} im stopped
[08:02] {magoo} sigh
[08:02] {magoo} was .94 when i asjked
[08:03] {Threei} TTMI, no read at all esemde
[08:03] {Threei} can do anything here, roll a dice
[08:03] {esemde} tks
[08:05] {Threei} GNBT is at 1:1 for you craig
[08:05] {craigaudio} yes
[08:06] {craigaudio} have half lot ready to exit
[08:06] {craigaudio} just below bid
[08:06] {craigaudio} out half
[08:06] {Threei} I play this kind of things differently somewhat
[08:06] {Threei} I offer them into frenzy buying
[08:06] {craigaudio} do tell
[08:07] {Threei} get ECN rebate too which is nice on big lots
[08:07] {craigaudio} usuallt trail incase it goes higher
[08:08] {Threei} trail on the balance, offer into stgrength
[08:08] {Threei} let them take you out
[08:08] {Threei} feed ducks when they quack
[08:08] {DaveG} please do not feed the wild animals
[08:09] {DaveG} keep hands and feet outside the cages
[08:09] {Threei} OK... then sell the peanuts when the circus is in town, because when it leaves who are you going to sell peanuts to
[08:09] {DaveG} :)
[08:09] {magoo} to magoo
[08:10] {DaveG} nice analogy vad, i like that one
[08:10] {Threei} on lots like 5-10 K that rebate makes a difference craig
[08:10] {magoo} dave..have i slapped u yet today?
[08:10] {DaveG} well if not
[08:11] {craigaudio} when i sort out a proper broker it makes a difference but i pay same commission regardless
[08:11] {craigaudio} at the moment
[08:11] {Threei} ah OK
[08:15] {dino} mer s .61, stop .91
[08:15] {DaveG} and no, magoo, you haven't
[08:15] * magoo slaps DaveG around a bit with a large trout
[08:23] {Roman} ASIA strong
[08:24] {Threei} 9.15 long trigger ASIA, alerted pre-market
[08:24] {Threei} let's see who paid attention?
[08:25] {lklarson} i did, but took my eye off it;(
[08:30] {dino} tbsi bstop to .01
[08:31] {dino} cov decc .40, +.59
[08:31] {dino} cov tbsi .94 +.25
[08:33] {dino} hmm, no takers i see
[08:33] {lklarson} yes, out tbsi thx dino
[08:34] {dino} :)

Session Start: Wed Jun 13 08:58:43 2007
[08:58] *** Now talking in #discussions
[08:58] -admin- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
[08:59] {magoo} .
[08:59] {Threei} very good point
[08:59] {Threei} I wish I made this point myself
[08:59] {dino} mer rinse
[09:00] {Threei} NEXM?
[09:14] {Threei} SAFM half lot long .80 if stays above .65
[09:35] {magoo} in
[09:37] {Threei} just a scalp IMO
[09:38] {magoo} waiting .09
[09:38] {magoo} thats me arcab
[09:38] {magoo} out .01
[09:39] {magoo} THANX boss
[09:39] {Threei} welcome
[09:39] {dino} ttmi s .-2
[09:39] {magoo} thats the way magoo likes it ..uh uh
[09:39] {dino} .02
[09:39] {dino} stop .21
[09:39] {magoo} sung to cool -n-the gang
[09:40] {magoo} thats the way uh uh ..magoo likes it uh uh....thats the way ................
[09:41] {Threei} lol
[09:41] {Threei} how many beers does one need to have this kind of fun?
[09:41] {magoo} 7
[09:41] {magoo} hicccup
[09:41] {Threei} oh... now I know why I am bored... i am just on my 5th
[09:42] {magoo} u can supliment various combinations of beer w/vodka shots vad
[09:44] {Threei} hmmm
[09:44] {Threei} there was a russian saying
[09:44] {Threei} beer without vodka - wasted moneyu
[09:44] {Threei} you sure you don't have russian roots magoo?
[09:44] {dino} cown s .99, stop .16
[09:45] {magoo} irish vad..u know what they say about the irish
[09:45] {Threei} ok, just as well {G}
[09:48] {esemde} have agreat day everybody...
[09:49] {Threei} take care esemde
[09:49] {magoo} vad, can i have 2 charts up in laser with 2 different sytocks?
[09:49] {Threei} ???
[09:49] {Threei} you can have 10 :)
[09:49] {magoo} i have 2 cgharts linked, a tik chart and minute
[09:49] {magoo} so i load vrgy and its in both charts
[09:50] {Threei} yes,
[09:50] {Threei} to have different stocks just create another set
[09:50] {Threei} look at my setup, you 'll see
[09:50] {magoo} how does the symbol load then?
[09:50] {Threei} each stock has it's own "chain" so to speak
[09:51] {Threei} oh, by linking from iscan you can use just one
[09:51] {Threei} another you will have to type it in
[09:53] {DaveG} that will be a problem
[09:54] {magoo} vad, i opened a new chart window but its just blacnk
[09:54] {magoo} what next?
[09:54] {Threei} type symbol?
[09:54] {DaveG} see
[09:54] {magoo} where?
[09:54] * Threei slaps DaveG around a bit with a large trout
[09:54] {DaveG} lol
[09:54] {Threei} right in the window, just click on it and start typing
[09:55] {Threei} it understands what you are trying to do
[09:55] {magoo} WOW..
[09:55] * magoo slaps DaveG around a bit with a large trout
[09:55] {DaveG} lol
[09:55] * Threei slaps DaveG around a bit with a large trout
[09:55] {dptl} lol
[09:57] {magoo} vad, is it best to follow $NDX or $COMP ?
[09:58] {Threei} I like NDX better
[09:58] {dptl} i use qqqq
[09:58] {dino} me too vad
[09:58] {dptl} and spy
[10:01] {_sirzuke} how about dia for dow?
[10:02] {dino} $DJI
[10:04] {magoo} vads, u use bollinger bands or moving average in a NDX chart??
[10:04] {Threei} bb
[10:05] {Threei} but I don't pay attention to them
[10:05] {Threei} lol
[10:06] {dino} i don't, just use a 20 and 50 sma
[10:07] {DaveG} lol
[10:07] {dino} i am in the less is more camp
[10:08] {DaveG} i use a 5, 34 and 50
[10:09] {DaveG} keep it simple like dino
[10:10] {_sirzuke} amzn breakdown
[10:10] {dino} cown stopped -.18
[10:39] {magoo} hello??
[10:39] {Threei} hi
[10:45] {Threei} AMZN small shares short
[10:45] {Threei} stop 70.15
[10:46] {Threei} nice fat bid to give indication for entry
[10:47] {Threei} in
[10:48] {magoo} what entry?
[10:48] {Threei} got .98
[10:49] {magoo} half loyt?
[10:49] {Threei} [13:44] {Threei} AMZN small shares short
[10:49] {magoo} i see, does say how many lol
[10:49] {Threei} lay off that vodka will ya
[10:49] {Threei} dino, control him please :)
[10:51] {craigaudio} out half 1:1
[10:51] {Threei} {dino} but the only way to control him is more vodka
[10:54] {dino} huh?, daydreaming
[10:54] {Threei} lol
[10:57] {Threei} 1:1
[10:58] {Threei} magoo?
[11:00] {magoo} hiccup, er, um. yes
[11:00] {Threei} lol
[11:01] {Threei} scalped AMZN?
[11:02] {_sirzuke} how about a scalp on aapl?
[11:02] {magoo} nah, spilled my drink on keyboard, was cleaning it up
[11:02] {Threei} sigh
[11:02] {Threei} I don't see any setup on AAPL here
[11:03] {_sirzuke} if break above 117.34 could go up more
[11:03] {craigaudio} good fed news pushing market up
[11:03] {_sirzuke} 117.43
[11:03] {Threei} it spiked fairly hard already
[11:04] {_sirzuke} yeah...looks like everything is up now
[11:04] {Threei} I'd say, it's unfavorable risk/reward
[11:05] {Threei} what is the news by fed?
[11:05] {_sirzuke} 14:05 Major indices tick higher following Beige book release... Dow popped ~35 pts in past five minutes, SPX gained 3 pts, Nas gained 6 pts
[11:05] {dino} all good
[11:09] {dino} ttmi bstop tighten to .05, dead
[11:11] {dino} appb
[11:12] {_sirzuke} nvda
[11:16] {DaveG} Thou Shall Not Chase
[11:16] {_sirzuke} bkc ceo on nbc
[11:16] {_sirzuke} just looking
[11:17] {DaveG} talking to myself
[11:18] {dino} ttmi stopped -.03
[11:18] {craigaudio} didnt even realise it was fed day. what a bad piece of trading prep
[11:19] {craigaudio} news too a while to digest with some of the stock moves
[11:19] {craigaudio} too=took
[11:19] {Threei} it's not fed day rates wise
[11:19] {Threei} beige book
[11:19] {DaveG} off-white book
[11:20] {Threei} most of the time it produces not much more tha yawn
[11:20] {craigaudio} today been that dull then seeing as it produced this move
[11:21] {Threei} actually, entire move is within 15 points NQ :)
[11:22] {Threei} it just looks sifgnificant in terms of otherwise dull day
[11:22] {craigaudio} yes
[11:22] {craigaudio} but means day ends green also
[11:22] {craigaudio} today has been soooo dull
[11:22] {craigaudio} the gap plays were the worst ive seen for time
[11:22] {Threei} who cares, it's been profitable
[11:23] {Threei} I'll have my excitment after market close
[11:23] {craigaudio} agreed.
[11:24] {Threei} don't let your worlds collide {george constanza}
[11:24] {Threei} if you have both profit and excitement during market hours, what are you going to do after close?
[11:24] {magoo} pulp can move baby {george costanza}
[11:24] {Threei} not a question for magoo and me of course as we always have vodka retreat
[11:25] {craigaudio} yes, something like that could turn me to drugs..."just need more enjoyment"
[11:25] {magoo} i had or have profitable day (and good buzz on too)
[11:25] {Threei} just wait till you try bathtub vodkaa
[11:26] {magoo} i have had backwoods grain alcohol
[11:26] {Threei} with lemon rind
[11:26] {magoo} right out of mason jar
[11:31] {DaveG} Thou Shall Not Chase
[11:32] {DaveG} i said that already didnt i
[11:32] {DaveG} corner
[11:38] {dino} l aapl .70
[11:39] {_sirzuke} aapl is scary
[11:41] {Threei} ehoes of dave :)
[11:41] {Threei} echoes
[11:41] {dino} stopped -.20
[11:45] {DaveG} DE news?
[11:45] {DaveG} DE news?
[11:45] {_sirzuke} cramer
[11:46] {DaveG} ok
[11:46] {DaveG} thanks
[11:46] {DaveG} and thank you cramer, i was long at the time
[11:47] {craigaudio} lol nice one dave
[11:48] {DaveG} pure luck
[11:48] {DaveG} but luck counts eh :)
[11:49] {Threei} nope
[11:49] {Roman} SOLF spike
[11:49] {Threei} you have to return profits
[11:49] {DaveG} crap
[11:49] {DaveG} :(
[11:49] {DaveG} :)
[11:49] {magoo} no bathroom words dave
[11:49] {Threei} contact the one you bought shares from and refund him
[11:49] {DaveG} oh, sorry
[11:50] {DaveG} lol vad
[11:50] {dino} ati s .27, hl
[11:50] {Roman} sikf
[11:50] {Roman} SOLF spike
[11:58] {craigaudio} if we get much higher that will put the rollover lower less likely
[11:58] {Roman} MNTA
[11:58] {Roman} spike
[11:59] {dino} ati stopped
[11:59] {DaveG} sheesh, de is strong
[11:59] {craigaudio} nearly all sectors green
[12:00] {craigaudio} you still in DE Dave?
[12:00] {DaveG} hell no
[12:00] {DaveG} lol
[12:00] {craigaudio} have you traded DE much today? until the cramer pump i would have said it was untradeable
[12:00] {DaveG} been trading it all day
[12:01] {craigaudio} you working off tick charts?
[12:01] {Threei} APTN
[12:01] {Threei} SPTN sorry
[12:01] {Threei} small shares long .20
[12:02] {DaveG} i use a 3, 10, 30 min charts
[12:02] {craigaudio} ok.
[12:05] {dino} partial fill enoc s .74
[12:16] {magoo} ok, i gotta hop, thanx everuone
[12:16] {DaveG} later mags
[12:16] {magoo} c u tomorrow
[12:16] {Threei} take care magoo
[12:16] {craigaudio} bye magoo
[12:33] {Threei} KMGB?
[12:40] {_sirzuke} Threei, about how many trades do you do in a day?
[12:40] {Threei} depends on activity
[12:40] {_sirzuke} today?
[12:40] {Threei} could be 5, could be 30
[12:40] {Threei} 6
[12:41] {_sirzuke} seems resonably modest
[12:41] {_sirzuke} so, pretty much you wait only for the highest probability setups?
[12:41] {Threei} well, my idea of trading is profit, not trading for trading sake :)
[12:41] {Threei} for those I can read, recognize, control risk
[12:42] {Threei} it falls into my trading system, I trade it
[12:42] {Threei} tyhe rest is noise
[12:46] {dptl} have a good evening all.........talk to you tomorrow..:)
[12:47] {Threei} take care dp
[12:48] {_sirzuke} threei, what is the maximum amount needed to daytrade/scalp if the minimum is 25k?
[12:48] {Threei} minimu 25 is a myth
[12:49] {Threei} can be done with less
[12:49] {Threei} max, well,... is there such thing? :)
[12:50] {_sirzuke} perhaps...you can't really daytrade with more than 5 open positions at a time without loss of focus, right?
[12:50] {Threei} 5?
[12:50] {Threei} I barely keep with 2
[12:50] {_sirzuke} right
[12:50] {Threei} and only if one of them is slow, lol
[12:51] {Threei} two fast movers at the same time, you have to be 17 years old computer game addict
[12:51] {Threei} with reflexes of Tarzan
[12:54] {craigaudio} bye guys
[12:54] {craigaudio} see you tomorrow
[12:56] {Threei} thank you all
[12:56] {Threei} have a good evening, see you tomorrow
[12:56] {_sirzuke} Thanks...later
[12:58] {lklarson} have a good night all
[13:00] {dino} later all

Tuesday, June 12, 2007

Realitytrader TradeLog - June 12, 2007

Session Start: Tue Jun 12 00:00:00 2007

Session Time: Tue Jun 12 00:00:00 2007

[05:45] {DaveG} morning
[05:57] {Threei} hey Dave
[05:58] {Threei} watching IDIX, sizeable pullback from the highs
[06:00] {DaveG} hope magoo's ok
[06:01] {Threei} do you see print at 6.15 just now?
[06:01] {DaveG} no
[06:01] {Threei} IDIX
[06:01] {Threei} hmmm
[06:01] {Threei} wierd
[06:01] {Threei} I got filled for sale there but don't see it on tape
[06:02] {DaveG} nice fill
[06:02] {Threei} warming up fingers, lol... bought 8
[06:03] {Threei} now prints appear
[06:03] {Threei} laste reporting by ECN pre-market?
[06:03] {Threei} late
[06:04] {craigaudio} you bought at 8 vad? whats your stop?
[06:04] {Threei} what stop, I am out already :)
[06:04] {Threei} [09:00] {Threei} I got filled for sale there
[06:05] {craigaudio} oh i see you got filled at the 6.15 level and exited at 8
[06:05] {Threei} oh, I see, mistaken price in my post
[06:05] {Threei} that was supposed to be 8.15, sorry
[06:05] {DaveG} oh
[06:05] {Threei} sleepy still :)
[06:06] {DaveG} well, then yeah, there were prints at there
[06:06] {Threei} not that my typing is much better when I am awake
[06:06] {cosmo} IDIX pre mkt high = 9.52 fwiw
[06:06] {Threei} when I asked, or in a minute or so?
[06:06] {DaveG} when you asked
[06:06] {Threei} interesting
[06:06] {Threei} ty
[06:06] {DaveG} i was seeing 815, but looking for 615
[06:06] {DaveG} :)
[06:07] {Threei} well, if I had SOLD there, that would be a little disaster :)
[06:07] {Raven} Good morning :)
[06:07] {DaveG} hey raven
[06:07] {Threei} R :)
[06:08] {Raven} hi Dave and 3i :)
[06:10] {Threei} watching ASIA for 9.10-9.15 area break
[06:11] {dptl} gm all
[06:12] {Threei} dp :)
[06:13] {dptl} 3i :)
[06:15] {dino} gm all
[06:15] {Threei} dino :)
[06:15] {DaveG} morning dino, is magoo ok?
[06:16] {dino} yes, he just walked in
[06:16] {DaveG} k
[06:16] {Threei} Dave, prepare your trout
[06:16] {DaveG} :)
[06:18] {DaveG} IDIX dropping
[06:18] {Threei} giving it all back
[06:18] {Roman} IDIX Idenix Pharma downgraded to Peer Perform from Outperform at Bear Stearns (7.23 +0.17) -Update-
[06:18] {esemde} GM....
[06:18] {DaveG} aahh
[06:18] {Threei} what was its news to go up anyway?
[06:18] {Threei} esemde :)
[06:18] {Roman} 07:02 IDIX Idenix Pharma says Valopicitabine combined with standard of care cleared Hepatitis C virus in 72% of patients who completed 12 weeks of treatment (7.23 )
[06:19] {Threei} ty
[06:19] {lklarson} morn all
[06:19] {Threei} (not that I understand much now :)
[06:19] {Threei} lkl :)
[06:20] {dino} pretty good news, fwiw
[06:22] {Threei} no time stamp on downgrade... was it after 7:02 announcement?
[06:22] {Threei} there was also cc and CNBC coverage... drops ever since
[06:23] {Threei} something's rotten
[06:23] {magoo} mornink comrades
[06:23] {DaveG} i don't even see the downgrade on my djn
[06:23] {Threei} magoo :)
[06:23] {Threei} dave?
[06:23] {DaveG} morning mags
[06:24] {DaveG} we missed you yesterday
[06:24] {Threei} hmmm... dave is peaceful this morning
[06:24] {Threei} he was supposed to greet you with trout magoo
[06:25] {cosmo} JDSU pre mkt high = 13.52 fwiw
[06:25] {DaveG} :)
[06:28] {_sirzuke} as per scalping and the way the masters of this forum trade, do you trade before the first 20 minutes? Or do stuff such as fading the gap?
[06:28] {magoo} yeah dave..wheres my tough luv lol
[06:28] {DaveG} :)
[06:29] {magoo} ROLL pounded..news?
[06:29] {Threei} open break setups, we do sirzuke
[06:29] {Threei} fading gap per se, no
[06:29] {DaveG} yes magoo, earnings
[06:29] {DaveG} missed by .02
[06:30] {dino} _sir, i never know, just trade stuff that i "see", no preplan
[06:31] {_sirzuke} right, but maybe for safety is for buying into consolidation
[06:32] {magoo} vad. look at ROLL
[06:33] {cosmo} JDSU might test 13.5
[06:33] {Threei} watching it magoo... thin and spready
[06:36] {magoo} howwas yestyerday btw?
[06:36] {magoo} tough or good?
[06:36] {Threei} positive
[06:37] {Threei} not too active but firmly on a plus side
[06:37] {magoo} good
[06:37] {cosmo} sounds tough to me
[06:37] {Threei} TASR
[06:37] {Threei} .96 half lot long
[06:38] {cosmo} JDSU tests
[06:38] {Threei} not a scalp
[06:38] {Roman} JASO
[06:38] {Roman} TASR high
[06:38] {Threei} stop under .75
[06:38] {magoo} in tasr off vad call
[06:38] {dino} s df .01
[06:39] {Threei} 1:1
[06:39] {craigaudio} you holding vad for more?
[06:39] {Threei} I do
[06:39] {Threei} but please...
[06:39] {magoo} out .23 here TY
[06:39] {Threei} make your own decision depending on your objectives and risk tolerance
[06:39] {craigaudio} out half
[06:40] {Threei} welcome magoo
[06:40] {Threei} good job guys
[06:40] {Threei} don't want you to follow blindly
[06:40] {magoo} everything i say EVERYTHING a scalp to magoo
[06:40] {lklarson} out tasr +.24 thx vad
[06:40] {Threei} lol
[06:41] {Threei} I am out TASR .32
[06:41] {craigaudio} nice one vad
[06:41] {_sirzuke} nice first trade of the day
[06:42] {magoo} nice one vad, nice way for me to come bacjk
[06:42] {Threei} I kept it in a freezer for you since yesterday :)
[06:43] {DaveG} i've got something in the freezer for you too
[06:43] {Threei} any news XING?
[06:43] * DaveG slaps magoo around a bit with a large trout
[06:43] {Threei} finally!
[06:43] {magoo} not a safe place boss, i always check freezer for the stoli
[06:43] {Threei} thank you dave
[06:43] {DaveG} :)
[06:44] {Threei} lol
[06:44] {magoo} dino has it in our office freezer (so he thinks) its been drunken lol
[06:45] {Threei} XING, formally there is a setup for a break, .75 trigger with stop under .55... but this is nasty stock with wierd personality
[06:45] {Threei} not sure, to say honestly
[06:45] {Threei} maybe let's tighten it a bit
[06:45] {Threei} .60 as support
[06:46] {Threei} for a stop and/or invaliadting level
[06:46] {Threei} and half lot
[06:46] {Threei} XING can be great when there is momo
[06:46] {craigaudio} CROX running again
[06:46] {magoo} long trigger tasr .35 to scalp to .60 area
[06:47] {Threei} with .19 stop
[06:47] {Threei} TASR that is
[06:48] {magoo} playing games here
[06:51] {magoo} vad, quote server please
[06:51] {Threei} 4
[06:52] {Threei} I would look for bounce scalp TASR instead
[06:52] {magoo} ty
[06:52] {Threei} the closer to 12 the better
[06:53] {Threei} with stop/invalidating level under 12
[06:54] {cosmo} NRMX hod @ 6.44 ... could pivot.. for healing purposes
[06:55] {magoo} news TASR?
[06:55] {_sirzuke} hod?
[06:55] {Threei} high of the day
[06:57] {Threei} ok... in .04
[06:57] {Threei} not too sure about that but risk is very small
[06:58] {lklarson} tasr stop .99?
[06:58] {Threei} just a scalp, will be out under 12 or on spike after .10 break
[06:58] {lklarson} ok thx
[06:59] {Threei} out +.10
[07:00] {magoo} anyone go for xinhg?
[07:00] {lklarson} out too +.08 thx vad
[07:00] {Threei} funny but that's 1:2, lkl :)
[07:00] {Roman} DOLLAR RISES TO 2-MONTH HIGH VS EURO AS 10-YEAR U.S. TREASURY NOTE YIELD EDGES CLOSER TO 5.25% - Reuters
[07:00] {_rob2007} tnx vad +.10
[07:00] {lklarson} yes, lol
[07:00] {Threei} welcome rob
[07:01] {craigaudio} me too :-)
[07:01] {Threei} ugh... forgot about it with all the TASR excitment, magoo
[07:01] {magoo} i took it
[07:01] {Threei} you could say stunned by TASR
[07:01] {magoo} alone i gueass
[07:01] {Roman} observing CNLG
[07:01] {magoo} scary alone
[07:01] {Threei} but you would be guilty of bad pun if you did
[07:02] {dino} rccc\
[07:02] {Roman} CNLG old pump and dump play
[07:03] {Threei} CNLG is one of those stocks I always lose money on, lol
[07:03] {Threei} it's my personal demon, just like AAPL is dave's
[07:03] {magoo} and STEM is magoo's
[07:03] {craigaudio} TASR looks higher. put in nice 5min hammer where we caught the bounce
[07:03] {Threei} ICAD?
[07:04] {Threei} you still in craig?
[07:05] {craigaudio} TASR? no
[07:05] {Threei} OK
[07:05] {craigaudio} banking profits
[07:05] {Threei} I didn't believe in anything but quick scalp this time
[07:06] {Threei} but heck, my credo for this week is to stay on conservative side
[07:06] {craigaudio} yes
[07:06] {lklarson} tasr new high
[07:07] {Threei} yeah, TASR just phoned me, called my and idiot, made evilish laughter sound and hung up
[07:07] {lklarson} lol
[07:07] {Threei} my and = me an
[07:07] {magoo} that was me vad
[07:07] {Threei} ahhh
[07:08] {Threei} I wondered why voice of TASR sounded the same as a lot of other stocks I scalped
[07:08] {craigaudio} should have given it more time. that pullback and 5min hammer was nice
[07:08] {Threei} that was all you
[07:08] {cosmo} voice of TASR = sound of its victims
[07:09] {Threei} magoo, XING stop to .64 for me
[07:09] {Threei} lol cosmo
[07:09] {magoo} u in ??
[07:09] {Threei} got half lot on pullback
[07:09] {magoo} cooll
[07:09] {Threei} couldn't possibly leave you alone
[07:09] {Threei} crying, biting your lower lip
[07:10] {magoo} it is comforting
[07:10] {Threei} swept by sadness and loneliness
[07:10] {dino} cov df flat
[07:10] {magoo} completely out of vodka
[07:10] {Threei} there
[07:12] {Threei} skipped JOSB alert earlier because of stock's excesive jumpiness
[07:12] {Threei} too bad
[07:14] {Threei} watching NVDA
[07:14] {Threei} if holding well while NQ retreats, .91 long
[07:15] {Threei} aggressive entry is right here with .69 stop
[07:15] {magoo} watching CMED, nice chart
[07:15] {Roman} CROX
[07:16] {Roman} missed nice bounce point
[07:16] {Threei} no worky NVDA
[07:17] {Threei} NQ wouldn't bounce
[07:17] {craigaudio} SLM
[07:18] {magoo} m,kt dowbn pretty good here
[07:22] {DaveG} bond rates rising/prices falling
[07:23] {craigaudio} only 2 sectors green
[07:25] {craigaudio} 1 sector
[07:25] {dino} hl s gs .47
[07:25] {dino} whippy
[07:27] {craigaudio} what stop do you give it dino?
[07:28] {lklarson} out gs +.24 thx dino
[07:28] {dino} cov .07, +.40
[07:28] {dino} :) lkl
[07:29] {craigaudio} nice one dino out +.70
[07:29] {_sirzuke} nvda?
[07:30] {craigaudio} perhaps got more in it to 228 area
[07:30] {Threei} valid if stays above .80
[07:30] {dino} hl l gs .60
[07:32] {magoo} tasr hangs arounfd real good
[07:33] {dino} out gs .90, +.30
[07:33] {_sirzuke} out gs +12
[07:33] {_sirzuke} .12
[07:34] {lklarson} tasr moving toward high again
[07:34] {dino} gj
[07:34] {_sirzuke} gs is a nice stock to scalp in a short amount of time
[07:35] {dino} as long as you lean the right way, its fast
[07:36] {dino} watching ati and leh too
[07:36] {craigaudio} LEH had good earnings
[07:38] {dino} y
[07:46] {Threei} JMBA .81 long half lot
[07:46] {Threei} .69 stop
[07:47] {Roman} MAMA
[07:47] {Roman} pop
[07:48] {Roman} AAPL Apple: See little reason, near-term, for stock to move down before June 29 iPhone introduction - Caris (120.38 +0.19) -Update-
[07:49] {magoo} .95 the wall vad on jimbo
[07:50] {Roman} Rodman and Renshaw Initiates Coverage of Generex Biotechnology With Market Outperform Rating and $6.00 Price Target
[07:50] {Roman} GNBT
[07:50] {dino} is that dennis rodman
[07:50] {dino} rally comin', imo
[07:53] {Threei} nice alert Roman, thanks
[07:53] {Roman} selling at $6?
[07:53] {Threei} lol
[07:54] {DaveG} 5.99
[07:54] {Threei} scalped 5K ,50 -.57
[07:54] {dino} l leh .45
[07:55] {_sirzuke} leh stop is where? .20?
[07:55] {dino} .19
[07:55] {dino} tomato, tomaato
[07:56] {dino} don't like 5 and 0 stops
[07:56] {_sirzuke} right
[07:56] {DaveG} my boss is having lunch today at Buckingham Palace
[07:56] {dino} ati l trig .70, hl
[07:57] {dino} ok in
[07:57] {dino} need some mkt help
[07:59] {_sirzuke} still in JMBA, vad?
[08:00] {Threei} yes
[08:00] {dino} leh stopped
[08:04] {magoo} i like GNBT for more
[08:05] {_sirzuke} how about short GS under .6?
[08:06] {dino} like it
[08:07] {Threei} JMBA stopped
[08:11] {Threei} amazing determination GNBT
[08:11] {Threei} haven't sseen it that strong in ages
[08:12] {_sirzuke} anyone in gnbt?
[08:13] {Threei} not anymore
[08:13] {Threei} scalped it twice
[08:13] {magoo} out here .78
[08:13] {magoo} TY ROMAN
[08:13] {Roman} np
[08:13] {craigaudio} how do you determine entry on that kind of play guys
[08:14] {magoo} i look for the volume coming in
[08:15] {Threei} it's pure momo, craig
[08:15] {Threei} no technicals will help at initial stages
[08:15] {Threei} later ion when it calms down, it could start going by usual reading
[08:15] {craigaudio} so its just faith in the story?
[08:15] {Threei} buit at first when such news hit you just need to have a feel for momentum
[08:15] {Threei} no
[08:16] {Threei} story itself rarely matters as an indicator for entry
[08:16] {craigaudio} sorry faith in what you think the story will do
[08:16] {Threei} unless it's totally excpetional story
[08:16] {Roman} NBIX Neurocrine Biosci climbs to session highs on a pick up in volume as it challenges its Jun range high at 12.80 (12.82 +0.20) -Update- -Technical-
[08:16] {Roman} NBIX radar
[08:17] {Threei} story serves as attention attractor
[08:17] {Threei} watching level2/chart/T&S you get feel for momentum
[08:17] {Threei} it's not something easy to put in words, rather comes with experience
[08:18] {_sirzuke} if the numbers of size are stacked much higher on the ask on Level2 that means more buyers are present?
[08:18] {Threei} ask on level 2 is sellers
[08:18] {lklarson} tasr at high again
[08:19] {Threei} they offer their shares
[08:19] {Threei} buyers either bid or hit offers
[08:19] {Threei} level 2 alone is just a little part of the picture
[08:20] {_sirzuke} ok thanks
[08:20] {Threei} you need T&S to go with it to see what players are doing
[08:20] {Threei} and chart to see where their intentions are likely to change
[08:20] {_sirzuke} yes
[08:20] {magoo} i kinda FEEL the frenzy if u know what i trying to say
[08:20] {Threei} I do
[08:20] {magoo} see it now? no frenzy
[08:21] {magoo} it may return
[08:21] {lklarson} break of .50 on tasr any good vad
[08:21] {Threei} .50?
[08:21] {lklarson} yes
[08:21] {Threei} why .50
[08:21] {lklarson} big wall
[08:21] {Threei} .41 was break
[08:21] {Threei} .50 is not anything so far
[08:22] {Threei} just one of numbers on the way up
[08:22] {lklarson} ok, thx
[08:22] {_sirzuke} so on tasr..there are much more size on the ask
[08:22] {Threei} yes
[08:22] {Threei} those are shares offered
[08:22] {_sirzuke} so, it just dropped
[08:22] {Threei} no
[08:23] {Threei} that's too simple connection
[08:23] {Threei} you need to add actual prints in the picture
[08:23] {Threei} buying pressure will take those offers out easily if frenzy is there
[08:23] {_sirzuke} right
[08:24] {craigaudio} MA pop
[08:24] {_sirzuke} ati up
[08:24] {Threei} big shares offered serves as your indication of strength if they are being taken
[08:24] {Threei} most of nice breakouts work exactly this way if those walls coincide with chart resistance
[08:25] {Threei} in this case .50 wall was at the top of a spike that came after .40 break
[08:25] {Threei} more likely to serve as valid resistance in such case
[08:25] {Threei} .40 had nice size too but it was a top of consolidation range which made break a valid trigger
[08:26] {lklarson} out ati +.41 thx dino
[08:27] {_sirzuke} when was the ATI call made to get that +.41?
[08:27] {dino} lkl gj, hl's allow the wide stop
[08:27] {Threei} 10:55] {dino} ati l trig .70, hl
[08:27] {Threei} [10:55] {dino} ok in
[08:28] {_sirzuke} damn
[08:28] {_sirzuke} missed
[08:28] {craigaudio} will be another bus soon
[08:29] {dino} my calls are my own, i'm not getting paid, trade at your own risk
[08:29] {lklarson} yes, learned from experience that this one need a pretty wide stop
[08:30] {_sirzuke} I know...by the way...how many charts can one realistically look at at one time?
[08:30] {_sirzuke} I have 9 on one of my screens
[08:30] {DaveG} good lord
[08:30] {Threei} sheesh :)
[08:30] {_sirzuke} is that too many?
[08:30] {dino} way too many, one at a time, click between them
[08:31] {Threei} as far as I am concerned, it's 7 too many
[08:32] {_sirzuke} I have 3 monitors so I thought having one monitor devoted to charts is a good idea
[08:32] {magoo} i have only two charts and thats one too many for magoo intelligence
[08:32] {Threei} can you really see and analyse what happens on 9 stocks at the same time?
[08:32] {Threei} I have 4 monitors
[08:32] {_sirzuke} so, how many charts do you have open?
[08:32] {Threei} doesn't mean I need to watch so many stocks at once
[08:33] {magoo} i have 4 monitors
[08:33] {Threei} let me show you my layout
[08:33] {_sirzuke} ok
[08:33] {Threei} http://www.realitytrader.com/vad/Scr1.png
[08:33] {Threei} http://www.realitytrader.com/vad/Scr2.png
[08:33] {Threei} http://www.realitytrader.com/vad/Scr3.png
[08:34] {Threei} http://www.realitytrader.com/vad/Scr4.png
[08:34] {dptl} can't open?
[08:35] {Threei} hmm?
[08:35] {_sirzuke} I see it..thanks..similar to mine except for all the charts on mine.
[08:35] {Threei} you need internet connection, dp :)
[08:35] {dptl} lol.......oooo i see
[08:36] {DaveG} he just needs to put more quarters in the payphone
[08:37] {Roman} OSUR OraSure Tech: Hearing upgraded to Buy at Needham- tgt $10 (7.88 +0.13)
[08:37] {dptl} still can't open it?????
[08:37] {_sirzuke} thanks...I noticed a difference even from this 9 charts, which I brought down from 12...now I'll perfectly position 4 on one monitor
[08:38] {Threei} opens perfectly dp... dunno what to tell you... you sure you have computer?
[08:38] {dptl} got it...now...thnx
[08:38] {Threei} whew
[08:38] {dptl} lol
[08:45] {magoo} tasr bothers me
[08:45] {magoo} feel it going to 13 risky
[08:46] {Roman} MAMA pop again
[08:52] {dino} rexi
[08:56] {craigaudio} LRCX pop
[09:02] {dino} ugh, out ati .95,
[09:02] {dino} +.25
[09:04] {dino} lkl always beats me on my own picks, sheesh
[09:06] {lklarson} yeah, right, one time maybe, lol
[09:06] {Roman} NEXM
[09:06] {Roman} 52week high
[09:09] {dino} :)
[09:18] {dino} brb
[09:22] {dino} l gs .01 hl
[09:24] {_sirzuke} in.03
[09:24] {_sirzuke} hl
[09:25] {_sirzuke} do yo sell at market?
[09:25] {_sirzuke} stop?
[09:26] {DaveG} what's at market? :)
[09:26] {_sirzuke} selling at market?
[09:26] {DaveG} i know what you mean
[09:26] {DaveG} no
[09:35] {dino} sir, hl, wide stop, no at mkt
[09:35] {_sirzuke} I stopped out at .9
[09:35] {_sirzuke} Gs is following the dow and s & p
[09:36] {_sirzuke} looks good to buy here actually
[09:36] {_sirzuke} cci is green fill
[09:36] {_sirzuke} missed it
[09:37] {dino} always does, leads usdually
[09:38] {_sirzuke} in at.64
[09:41] {_sirzuke} out for $80 gain
[09:41] {dino} gj
[09:41] {_sirzuke} I seem to do better with really short trades
[09:41] {DaveG} sirzuke's buying lunch
[09:42] {_sirzuke} still learning
[09:42] {_sirzuke} brb...finishing my tuna fish from yesterday
[09:42] {dino} get him the scalpin' book vad
[09:43] {Threei} I can't even get him to read blog post {G}
[09:43] {_sirzuke} no..I read them.
[09:43] {dino} lol
[09:43] {Threei} just pulling your chain sirzuke :)
[09:44] {_sirzuke} I'll look into getting the book. Do you do paypal?
[09:44] {Threei} no, usual credit card paytment
[09:44] {DaveG} i take paypal
[09:44] {Threei} and it's not the book... it's videocourse
[09:45] {_sirzuke} isn't nasdaqscalper.com offering the whole course with videos?
[09:45] {Threei} no you don't dave... not since Roman hijacked your account to make sure you don't disappear with your contest winnings
[09:45] {DaveG} lol
[09:45] {dino} could've swore i bgt a "scalp any mkt" book from you
[09:45] {Threei} this is what I mean sirzuke
[09:46] {Threei} dino... it was a printed manual to videocourse :)
[09:46] {Threei} first part,
[09:46] {Threei} videos followed later
[09:46] {dino} ahhhh\
[09:46] {Threei} but did you pay attention? noooo
[09:47] {_sirzuke} brb
[09:47] {dino} indeed
[09:47] {Threei} just shows you my marketing skills :)
[09:47] {Threei} next to zero
[09:48] {dino} and my % from you is...
[09:48] {Threei} oh, my math skills are right behind marketing ones
[09:51] {DaveG} you still type better than mags
[09:52] *** Disconnected
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[09:55] {dino} cutting gs not working
[09:59] {Threei} keep an eye on GNBT
[10:00] {Threei} if holding as well as is does, has a chance of eod run
[10:03] {magoo} my thoughts exspankly vad
[10:04] {Threei} dave was right... my typing IS better {G}
[10:08] {magoo} speaking of dave................
[10:08] * magoo slaps DaveG around a bit with a large trout
[10:10] {DaveG} :)
[10:10] {magoo} GNBT ...folowing
[10:12] {magoo} as in now...
[10:13] {magoo} roman..u here?
[10:13] {Roman} yes
[10:13] {Roman} i am
[10:14] {Roman} i have no clean read on GNBT at this point
[10:14] {magoo} did u scalp gnbt or still in?
[10:14] {Roman} i am out, had a 15 cents scalp in the morning
[10:15] {magoo} ok
[10:15] {magoo} ty
[10:15] * magoo slaps Roman around a bit with a large trout
[10:16] {Roman} :)
[10:16] {magoo} btw, yhought sopranos final episodse sux
[10:16] {Threei} I am right there with you
[10:16] {dino} mer l .30
[10:16] {dino} stop .99
[10:16] {magoo} luv show...but final a let down
[10:18] {Threei} entire last season was not up to the par, imo
[10:18] {dino} ditto
[10:18] {magoo} agree
[10:20] {dino} denny crane
[10:20] {dino} whers the rally monkey/
[10:22] {magoo} vad, u watching TASR..held well
[10:23] {Threei} somehow doesn't feel like it has much gas left to me
[10:23] {magoo} ok, how about XING..holds good
[10:24] {Threei} XING never triggered that .91... still could, but I want it to hold above .70 from now on
[10:24] {Threei} if loses it, all bets are off
[10:29] {magoo} ty
[10:30] {magoo} vad, jimbo a bounce candidate?
[10:31] {Threei} I'd stay away
[10:31] {Threei} erratic chart
[10:31] {magoo} ko
[10:31] {magoo} oejk
[10:31] {magoo} kolo
[10:31] {magoo} kjhj
[10:31] * Threei wears his decoder ring
[10:31] {magoo} .kjmx;ljz/;ojdzroprigzilujfoiz;fhsoifh
[10:31] * Threei throws out his decoder ring
[10:33] * DaveG slaps Threei around a bit with a large trout
[10:34] * DaveG slaps magoo around a bit with a large trout
[10:35] {DaveG} had to get that out
[10:38] {Threei} feel any relief?
[10:38] {DaveG} not really
[10:39] * Threei slaps DaveG around a bit with a large trout
[10:39] {Threei} now?
[10:39] {DaveG} better
[10:40] * magoo slaps DaveG around a bit with a large trout
[10:40] {magoo} GNBT alert
[10:40] {DaveG} you know.....
[10:41] {DaveG} as you both were slapping me, i was making money
[10:41] {Threei} XING behaves so far
[10:41] {magoo} gonna go sooner than later vad imho...at least to .93 area...breather, if attackes .93...onver 2..say 2.18 2.23 area
[10:41] {dino} ndx went green
[10:42] {craigaudio} vrsn going green at last
[10:42] {Threei} I don't know about such targets but 1.90s - 2 is very likely
[10:42] {craigaudio} gotta reboot
[10:42] {magoo} since u don't know...thats why i telling u : )
[10:43] {magoo} but it will eresrtrs
[10:43] {magoo} rest
[10:44] {magoo} eresrtrs...hoew u like that one lol
[10:44] {Threei} I am delighted
[10:44] {Threei} Raven fainted
[10:45] {Threei} offering 1.89 from 1.80
[10:46] {magoo} craig...look lev 2...the frenzy starting
[10:46] {_sirzuke} does anyone here use pivot points with S1, R1, S2, R2?
[10:47] {magoo} my wait .92 vad
[10:47] {magoo} can changew on a wymm
[10:48] {magoo} from .79
[10:50] {Roman} JASO long
[10:50] {DaveG} we need a "magoo decoder"
[10:50] {DaveG} can't understand a freakin' thing
[10:50] {Roman} in some JASO 25.45 area small, stop 25.18
[10:50] {magoo} u need a navajo trading next to u
[10:51] {dino} out mer .60, +.30
[10:51] {Roman} GREENSPAN SAYS NOT WORRIED ABOUT CHINESE SELLING OF U.S. TREASURIES - Reuters
[10:52] {dino} and i don't worry about the wasabi sauce
[10:52] {Threei} is he worried about anything but the latest urine tests?
[10:52] {magoo} i anmn sooooo glad to hear greenie
[10:53] {magoo} we almost green here
[10:53] {lklarson} perfect setup
[10:54] {Threei} Ok, A LEG OF FRENZY PLEASE
[10:54] {Threei} oops
[10:54] {Threei} sorry for caps
[10:54] {magoo} a lil xcited boss
[10:54] {_sirzuke} what is next for a set up play?
[10:55] {Threei} on what stock?
[10:55] {Threei} here we go
[10:55] {_sirzuke} just came back...any stock?
[10:55] {_sirzuke} what is getting ready?
[10:55] {dino} all of them
[10:55] {Threei} XING .91 long
[10:56] {Threei} I am out for now, magoo
[10:56] {magoo} i wait .94
[10:56] {Threei} craig... can you feel the heat in GNBT when feeding frenzy starts?
[10:56] {Threei} just observe L2/T&S
[10:56] {magoo} yes i can
[10:57] {craigaudio} missed it as having PC issue
[10:57] {Threei} I saw
[10:57] {Threei} more for training purposes
[10:57] {Threei} to learn to recognizwe this type of momo
[10:57] {craigaudio} did you guys take the break of it?
[10:57] {Threei} yes
[10:57] {Threei} I just sold .89
[10:58] {Threei} magoo still hunts for more
[10:58] {craigaudio} what entry?
[10:58] {Threei} 1.80 for me
[10:58] {_sirzuke} gs?
[10:58] {Threei} dunno where magoo got hiss
[10:58] {magoo} in our hunting club..i sytay out the longest..really
[10:58] {craigaudio} yes i was think break of 80
[10:58] {dino} mnst l .90
[10:59] {dino} stop lod
[10:59] {magoo} [13:47] {magoo} can changew on a wymm
[10:59] {magoo} [13:48] {magoo} from .79
[10:59] {magoo} [13:49] {Roman} JASO lon
[11:00] {dino} who is this wymn you speak of
[11:00] {dino} jeckle and hyde?
[11:01] {craigaudio} CMTL runnaway
[11:03] {magoo} vad, how come uy not asking me if in
[11:03] {Threei} answer versions to pick from:
[11:03] {Threei} 1. I don't care
[11:04] {Threei} 2. I am too excited for you
[11:04] {Threei} 3. I am confident you are going to do the right thing whatever it is
[11:04] {Threei} 4. Who are you? Have we met?
[11:05] {magoo} out here .90
[11:05] {Threei} see :)
[11:05] {magoo} 14:03] {Threei} 1. I don't care
[11:05] {magoo} my choice
[11:05] {Threei} that's providing 4 is not an option
[11:05] {magoo} u got to me with that confidence thingy
[11:05] {Threei} :)
[11:06] {magoo} ok ...heres the set up on it....95 long to exit 2.12 area..risky
[11:06] {magoo} as trying to turn off the flintsatones while dino watching
[11:07] {dptl} lol
[11:07] {magoo} sixze
[11:09] {Roman} stopped JASO
[11:11] {dino} out mnst .93 not moving
[11:11] {dino} mgln
[11:13] {dino} risky mgln hl s .00
[11:13] {_sirzuke} mgln nice
[11:14] {_sirzuke} s at .o2
[11:14] {Roman} KNOT The Knot launches pregnancy focused website, TheNestBaby.com (20.38 -0.33)
[11:15] {Threei} why short it?
[11:15] {dino} me?
[11:16] {_sirzuke} i mean buy
[11:16] {Threei} reacted on sirzuke post, dino
[11:16] {dino} stopped -.44
[11:16] {dino} ok
[11:17] {Threei} not woreried about you, your discipline is iron and your system is well thought through
[11:17] {Threei} so my qyestion mainly was aimed to see if there was a setup he saw or he just followed you blindly
[11:18] {dino} okokokokok
[11:18] {_sirzuke} I sometimes follow blindly
[11:18] {dino} sir, do not follow me unless you see it, i am one messed up dude
[11:18] {Threei} lol
[11:19] {Raven} I followed dino blindly ... what shall I do now ?
[11:19] {dino} wow mgln
[11:19] {dino} put your glasses on
[11:19] {Raven} lol ... thx
[11:19] {dino} np
[11:20] {Raven} sigh
[11:20] {DaveG} lol
[11:20] {Raven} Dave !
[11:20] {DaveG} sup bud
[11:21] {Raven} nuttin
[11:21] {Raven} just following dino blindly
[11:21] {Raven} saves thinking
[11:21] {DaveG} quit pickin' on the newbies
[11:21] {_sirzuke} yeah yeah
[11:21] {dino} pick pick pick
[11:22] {Raven} not pickin' ... just kidding around
[11:22] {DaveG} :)
[11:22] {Raven} prolly need some tea
[11:22] {DaveG} when do you go on your trip?
[11:22] {DaveG} i might be going there also
[11:22] {Raven} Thursday morn I am outta here
[11:22] {DaveG} aahhh
[11:23] {Threei} MGLN will never stop
[11:23] {dino} lucky dog
[11:23] {_sirzuke} damn
[11:24] {Raven} sold too early ?
[11:24] {_sirzuke} not in
[11:24] {Raven} oh sigh
[11:24] {magoo} anyone shorting that pig???????
[11:24] {craigaudio} whats the story on it?
[11:25] {dino} gs presentation at 2
[11:25] {dino} must be good
[11:25] {DaveG} 170m pact
[11:25] {magoo} like to see another leg up
[11:26] {DaveG} anyone have a dog?
[11:26] {DaveG} mags wants to see a leg up
[11:26] * DaveG ducks
[11:28] {DaveG} i guess i need new material
[11:29] {magoo} shouldn't u be working?? lol
[11:29] {Roman} NVAX
[11:29] {Roman} pop
[11:29] {magoo} hate nvax
[11:29] {magoo} hate stem
[11:30] {DaveG} my boss is having lunch with Price Charles right now
[11:30] {magoo} hate mama
[11:30] {magoo} hate mdsi
[11:30] {DaveG} Prince
[11:31] {magoo} hate salmon
[11:32] {magoo} dave, how'd u finish in cnbc contest?
[11:32] {DaveG} 5th
[11:33] {magoo} WOW..nice..u get antything?
[11:33] {DaveG} this job
[11:33] {craigaudio} gj dave
[11:33] {craigaudio} you tha man
[11:33] {magoo} i guess chasing entries really does work vad
[11:33] {DaveG} lol
[11:34] {dino} lol
[11:41] {Threei} for those who look for exit? :)
[11:41] {dino} ati s .00, hl
[11:47] {Raven} leg up ... I saw that Dave
[11:47] {Raven} late tho
[11:50] {DaveG} :)
[11:53] {dino} usna
[11:54] {dino} news?
[11:56] {Roman} nope
[11:58] {dino} ty
[12:00] {dino} ati stopped, lousy entry
[12:11] {dino} rccc s .78
[12:25] {Threei} GNBT let's see if any gas left
[12:25] {Threei} under .75, not interested anymore
[12:25] {magoo} u in??
[12:25] {Threei} not yet
[12:25] {Threei} hard to nail entry
[12:27] {Threei} chart is not indicative of entry point... I guess just gotta grab it when it's getting hot with .74 stop
[12:32] {_sirzuke} any ideas on GS?
[12:32] {Threei} not by me... totally not my type of stock
[12:35] {Threei} in .85 magoo
[12:35] {Threei} missed on a way up, took this little pullback
[12:35] {magoo} size?
[12:36] {Threei} .74 stop... calculate your willingless to lose
[12:36] {dino} gs no idea
[12:43] {_sirzuke} shorted for .38 gain
[12:43] {_sirzuke} gs that is
[12:43] {_sirzuke} still dropping
[12:50] {dino} rccc stopped -.21
[12:57] {dptl} take care everyone.......talk to you tomorrow.....
[12:57] {Threei} take care dp
[12:59] {Threei} scratching GNBT magoo
[12:59] {Threei} don't want to take it home
[12:59] {magoo} ok
[12:59] {Threei} thank you all
[13:00] {Threei} have a good evening, see you tomorrow
[13:02] {dino} later all
[13:02] {magoo} bye
[13:03] {_sirzuke} Thanks...all.

Monday, June 11, 2007

Realitytrader TradeLog - June 11, 2007

Session Start: Mon Jun 11 00:00:00 2007

Session Time: Mon Jun 11 00:00:00 2007

[05:27] {DaveG} morning
[05:35] {craigaudio} gm guys
[05:35] {craigaudio} who said not to swing aapl? what a hot stock
[05:44] {cosmo} GERN
[05:45] {DaveG} FORD may be one to watch next few days, interesting activity fri late
[05:56] {Roman} GERN Geron says research indicates its embryonic stem cell-based therapeutic for spinal cord injury evades direct attack by the human immune system (8.67 )
[05:59] {Threei} Good morning!
[05:59] {Threei} GERN goes for yet another portion of disappointed buyers eh?
[06:04] {craigaudio} gm vad
[06:04] {Threei} hey craig
[06:09] {DaveG} METH may also be one to watch, they report earnings sometime this week, and it's nearing its high
[06:09] {lklarson} morn all
[06:09] {Threei} lkl :)
[06:10] {dptl} good morning all
[06:10] {Threei} dp :)
[06:13] {Raven} Morning :)
[06:14] {Threei} R :)
[06:14] {Raven} 3i :)
[06:15] {DaveG} morning Raven
[06:15] {DaveG} morning Vad
[06:15] {esemde} morning RT's
[06:16] {Raven} hi Dave and esemde :)
[06:16] {esemde} morning Raven
[06:17] {Threei} dave, es :)
[06:20] {esemde} market wisdom says there should be a follow through from friday to monday morning
[06:20] {esemde} was a good day friday
[06:20] {Threei} so far NQ - 3
[06:21] {esemde} so much for market wisdom...
[06:21] {Threei} doesn't mean we are in for a red day of course... we saw many days lately that started red and ended nicely in the black
[06:24] {DaveG} FORD near premarket hi
[06:24] {dino} gm all
[06:24] {Threei} dino :)
[06:24] {Threei} FORD had news on Fri?
[06:24] {esemde} dino...
[06:24] {DaveG} no news on Ford
[06:24] {DaveG} just activity
[06:25] {dino} mdvn, alzheimers' drug
[06:25] {dino} phase "II
[06:25] {Threei} daily looked like it was going to the basement until this move
[06:25] {Raven} morn dino
[06:25] {DaveG} yeah, pretty ugly daily
[06:26] {Threei} it's above the resistance now, and 4 is gao close level
[06:28] {Threei} MDVN hard to tell so far... can crash big, can continue to go... I personally would be betting on crash but let's see how it trades first
[06:32] {Threei} FDR short .85, stop above .90
[06:32] {Threei} FDRY
[06:33] {Threei} let this buying show the exact high for a stop
[06:34] {Threei} if goes above 17, invalidated
[06:34] {craigaudio} but the entry still valid?
[06:34] {craigaudio} ok
[06:35] {Threei} 17 holding so far
[06:35] {Threei} triggered
[06:37] {Threei} 1:1
[06:37] {Threei} I am out, I am on a scalping side today
[06:37] {_rob2007} thx 3i
[06:38] {Threei} welcome
[06:38] {Threei} aggressive entry would be very nice r/r wise but where to find the courage for aggressive entry on Monday morning
[06:39] {Threei} TASR?
[06:40] {Roman} just some short covering IMO
[06:40] {Roman} don't see news yet
[06:41] {Threei} makes 52 highs
[06:41] {Threei} .50 break long with .34 stop
[06:41] {Threei} fast fingers
[06:42] {dino} mer l .97
[06:43] {Threei} under .30 invalidating TASR for now
[06:43] {Threei} make sure big offer gets hit at .50 before entering
[06:43] {Threei} if holding above .40 could be good for more than scalp
[06:43] {Threei} but it can be jumpy, so grab half around 1:1
[06:45] {Threei} FDRY can't reach its high so far while NQ rally
[06:46] {Threei} one more short entry, same setup
[06:46] {Threei} 17.01 stop
[06:46] {Threei} actually can enter if .89 is lost
[06:47] {Threei} same condition, only if not breaking 17 before triggering
[06:47] {Threei} and, if holds above .85 and breaks 17, half lot long
[06:48] {Threei} es... market wisdom works :)
[06:50] {Threei} got my short FDRY .85
[06:50] {dino} out mer .60, +.63
[06:50] {Threei} wtg
[06:50] {DaveG} nice dino
[06:51] {esemde} nrmx...
[06:51] {dino} ty
[06:51] {dino} most likely too soon, but...
[06:51] {Threei} NRMX news?
[06:51] {dino} dxpe
[06:54] {Threei} BCSI dino
[06:54] {Threei} maybe your style
[06:56] {dino} yeah, let me take a look
[06:56] {esemde} NRMX) 5.75 : Co announces it will present today an update on it's investigational product candidate for the treatment of Alzheimer's disease
[06:57] {Threei} unless they forget to appear fort presentation
[06:58] {dino} nrmx, realmoney, delayed results today, needs time to make adjustments?
[06:58] {esemde} ha ha ha ha ........good one!!!
[06:59] {Threei} we already had one alzheimer stock, NYMX, that would reguralry forget to move up on its announcements
[06:59] {dino} bcsi, dk, feels one more spike
[07:00] {esemde} Cool...when i signed up for the chat site didn't realize i was getting the added extra bonus of a comedy act as well
[07:01] {esemde} your hot today Vad....
[07:01] {Threei} didn't I give advance warniong about questionable humor?
[07:01] {Threei} I usually do
[07:02] {DaveG} shouldn't have to
[07:02] {DaveG} it's a given
[07:03] {DaveG} :)
[07:03] {dino} egg on my face, bcsi drops\
[07:03] {Threei} lol dave
[07:03] {DaveG} :)
[07:04] {Threei} intending to cover half FDRY this time around 1:1
[07:05] {lklarson} out FDRY 1:1 thx vad
[07:06] {Threei} welcome
[07:06] {Threei} you got it higher than I did?
[07:06] {lklarson} yes .91
[07:06] {Threei} cool
[07:07] {dino} kmgb
[07:08] {dino} be s .32, stop hod
[07:11] {Threei} SYNA, half lot .32 long if stays above .20
[07:13] {Threei} 1:1 FDRY for me, covered half
[07:13] {Threei} stop to .96 for the balance
[07:15] {craigaudio} not too hot on longs at the moment
[07:15] {Threei} nope
[07:18] {craigaudio} would like to see what kind of range we get in the futures
[07:24] {dino} kmgb s .50, hl
[07:24] {Threei} need FDRY to lose .65 to trail the stop
[07:24] {Threei} good boy
[07:24] {Threei} stop to b/e
[07:25] {_sirzuke} tasr on some news...?
[07:25] {Roman} TASR TASER: Sarkozy's political party gains could help TASER rollout - Merriman (11.16 +0.26) -Update-
[07:25] {Threei} lol
[07:26] {Threei} if TASR starts putting out announcements every time right wing party gains popularity somewhere in the world, it will become permanent short
[07:26] {dino} ilmn s hl .49
[07:31] {dino} kmgb bstop is .86 fwiw
[07:33] {dino} cov ilmn .02, +.47
[07:33] {craigaudio} nice short. im out too
[07:33] {lklarson} out kmbg +.41 thx dino
[07:33] {dino} gj craig
[07:34] {craigaudio} prob has some more left in it too
[07:34] {craigaudio} if loses 37
[07:34] {dino} be not moving, tighten bstop to .36
[07:35] {dino} glad i got rid of mer
[07:35] {dino} think it's going to be a scalpers summer
[07:36] {dino} here it goes craig, i'm not in
[07:37] {dino} kmgb stopped blew thru .92, -.42 hl
[07:38] {Threei} - or +?
[07:39] {Threei} oh, I got it... sorry
[07:39] {dino} mer l .48
[07:40] {dino} fcsx spike
[07:41] {_sirzuke} what is the stop on mer?
[07:42] {dino} be stopped -.04
[07:43] {dino} lod sir
[07:43] {Roman} TASR
[07:47] {dino} risky, hl s fcsx .44
[07:48] {dino} it will work now, because partil fill
[07:49] {_sirzuke} what does hl s mean?
[07:50] {dptl} half lot short
[07:50] {_sirzuke} got it
[07:51] {dino} hl = 500 shares for me, s= short, l=long, hod = low of day, hod=hi of day
[07:52] {dino} fcsx hl filled now
[07:52] {_sirzuke} thanks
[07:53] {dino} np...no problem; :)
[07:54] {DaveG} no mags?
[07:54] {Threei} is he OK, dino?
[07:54] {dino} i just called, he's on his way
[07:55] {Threei} OK... I thought computer troubles again, he gets plagued by those often
[07:56] {dino} if he would just update
[07:58] {Threei} TASR tries for break
[08:02] {dino} out mer .73, +.25
[08:04] {dino} fcsx not working, stopping out
[08:04] {Threei} .73 TASR, half lot long
[08:04] {Threei} .59 stop
[08:08] * Threei is kicking TASR in the rear withheavy duty army boots
[08:11] {Threei} stop to .65
[08:14] {Threei} out
[08:14] {_sirzuke} I should have sold at .80
[08:15] {_sirzuke} when I try to hold out for more money I seem to always lose
[08:15] {dino} we all do
[08:15] {Threei} make the corrections according to your trading preferences, risk tolerance and objectives
[08:16] {_sirzuke} I thought scalping was like getting about 10 cents
[08:16] {_sirzuke} or $100 per lot
[08:16] {Threei} any call is general guidelines, they can't be "to the letter" for all traders
[08:16] {dino} for me, getting $100 bucks, all depends on size
[08:16] {_sirzuke} not bad if can do severl times a day
[08:16] {Threei} no, that is a misconception
[08:17] {Threei} we talked about it last week, didn't we
[08:17] {Threei} I gave you links to articles about scalping
[08:17] {_sirzuke} Yeah...but I made all my profits on trades that lasted less than one minute
[08:18] {_sirzuke} thanks
[08:18] {Threei} look at it this way
[08:18] {Threei} just as calls,
[08:18] {Threei} those articles give you general guidlines as well
[08:18] {Threei} nothing in trading is absolute
[08:19] {_sirzuke} right
[08:19] {Threei} because trading is not exact science,
[08:19] {Threei} it's a mix of science and art
[08:19] {Threei} and there are no absolutes in art
[08:19] {_sirzuke} true
[08:19] {Threei} otherwise anyone could learn them and become Da Vinci
[08:20] {Threei} art implies that you put your personality in what you do
[08:20] {Threei} and the result of your activity become reflection of your personality
[08:20] {Threei} so, read that and see how it applies to you
[08:20] {_sirzuke} right...i've been watching NBC's Deal or No Deal...and learned to take the money when you have the chance
[08:21] {dino} i must be one grim guy
[08:21] {Threei} well... one thing is for sure in that game:
[08:21] {Threei} even in such tight limits of decision making, player's personality impact his result greatly,
[08:21] {Threei} you can track it if you watch the game long enough,
[08:22] {Threei} players with feeling of entitlement,
[08:22] {_sirzuke} yep
[08:22] {Threei} those that put their ego ahead of cold calculations
[08:22] {Threei} really get hit hard
[08:22] {Threei} Imagine the impact of one's personality in much more flexible game
[08:22] {Threei} which is trading
[08:25] {Roman} JASO nice reversal
[08:27] {Roman} AAPL long setup small shares
[08:27] {Roman} in 124.60 small
[08:27] {Roman} stop under 124.30
[08:28] {esemde} have a great day everyone...
[08:28] {_sirzuke} what is small shares?
[08:29] {_rob2007} nrmx
[08:29] {Roman} 300
[08:30] {Roman} JASO rocking
[08:31] {Roman} looking for SOLF to follow JASO
[08:35] {Roman} futures stalled?
[08:35] {Roman} stopped AAPL
[08:35] {DaveG} yeah
[08:35] {craigaudio} which are you watching?
[08:35] {Threei} NQ
[08:36] {dino} bcsi hl s .70, stop hod
[08:36] * Threei slaps LaserDave around a bit with a large trout
[08:37] {DaveG} nq maybe reloading
[08:37] {Threei} TSYS interesting
[08:37] {dino} bcsi stopped -.30, hl
[08:38] {dino} stocks getting whippy
[08:39] {Threei} FDRY may set up long
[08:39] {_sirzuke} my apple is still good
[08:39] {_sirzuke} stop at .28
[08:39] {Threei} 17.01 trigger if doesn't lose 16.90 anymore
[08:41] {Threei} if sets up from here, for hardcore scalpers stop 16.92
[08:41] {DaveG} "hardcore scalpers"
[08:41] {Threei} .84 for just scalpers
[08:41] {DaveG} we're missing mags :)
[08:42] {lklarson} out mer +.30 thx dino
[08:46] {dino} gj lkl
[08:46] {dino} idk dave, he only lives 5 miles away fgrom office, i suppose he's goofing off
[08:46] {Threei} finger on a trigger
[08:47] {DaveG} maybe he got lost
[08:47] {craigaudio} fDRY looking good to go
[08:48] {Threei} needs to break that 17
[08:49] {craigaudio} broken
[08:58] {Roman} JASO determinited to sqeeze
[09:03] {Threei} NOVL has news?
[09:04] {Roman} no, don't see news on it
[09:04] {Threei} ty
[09:04] {Threei} some people never look at their dcc...
[09:04] * Threei slaps LaserDave around a bit with a large trout
[09:04] * Threei slaps LaserDave around a bit with a large trout
[09:05] {Threei} craig... weren't you going to do thaat last week
[09:05] {Threei} you are welcome top help me wake up this sleeping beauty
[09:05] * DaveG slaps LaserDave around a bit with a large trout
[09:05] {craigaudio} indeed i was sorry been busy
[09:05] * craigaudio slaps LaserDave around a bit with a large trout
[09:05] {Threei} thank you
[09:05] {Threei} I start missing magoo too
[09:06] {Threei} dino, tell him slapfest has began
[09:06] {dino} he's here
[09:06] {DaveG} tell him to mapquest where he works next time
[09:07] {Threei} and doesn't help us slap laserdave?
[09:07] {Threei} he is not feeling well I suppose
[09:07] {dino} lol
[09:08] {Threei} Dave... you are in dangfer, you know that?
[09:08] {Threei} your joke is actually a good one
[09:08] {Threei} and this is not something fitting this room
[09:08] {Threei} our jokes are lame by default
[09:09] {dino} bamm
[09:09] {Threei} NQ loses steam
[09:10] {dino} wow, 12:10 already
[09:11] {DaveG} i'm always treading on that thin line vad
[09:11] {DaveG} :)
[09:15] {Threei} move FDRY stop to under 17
[09:16] {Threei} if NQ fizzles out and breakout fails, can die for the day easily
[09:16] {Threei} high was 1 cent shy of 1:1, so if you took profit there, can't blame you
[09:19] {dino} solf stoppped flat
[09:23] {dino} zoll
[09:27] {_sirzuke} cnbc sounds awesome
[09:29] {dino} teva
[09:33] {DaveG} 2 for 2 today :)
[09:33] {craigaudio} nice dave
[09:34] {craigaudio} your not a CNBC superstar for no reason
[09:35] {_sirzuke} JASO anyone?
[09:37] {Threei} good boy FDRY
[09:37] {Threei} half out for me
[09:40] {dino} gj dave
[09:40] {dino} bcsi wow
[09:44] {_sirzuke} amzn
[09:44] {_sirzuke} long at 72.04
[09:54] {DaveG} Thou Shall Not Chase
[10:00] {DaveG} i have to tell myself that from time to time :)
[10:00] {_sirzuke} how do you differ chasing from entering on an upside move?
[10:00] {Threei} spike vs consolidation
[10:00] {Threei} if you buy the break of consolidation range, it's valid
[10:01] {Threei} if you buy the the spike on a vertical move, it's chasing
[10:01] {Threei} look at FDRY 1 min for example
[10:01] {Threei} 17 break was valid buy
[10:01] {Threei} if you enter 2 min later at 17.07, it's chasing
[10:02] {_sirzuke} ok....right..but you have to be on chart almost at the exact time
[10:02] {Threei} you spot the setup in advance
[10:02] {Threei} not at the moment of move starting
[10:03] {Threei} stock consolidates for a break, you have you setup structured
[10:03] {Roman} look at AAPL go now
[10:03] {Threei} and ready to enter when it triggers
[10:03] {Roman} RIMM Research In Motion sets new high of 169.51, eyeing its two wk range top/52-wk high from last wk at 169.64 (169.51 +3.84) -Technical-
[10:04] {_sirzuke} so, entering apple now will be chasing?
[10:04] {Roman} yes
[10:04] {Roman} it isn't exactly vertical spike so
[10:05] {Roman} but the safer play would be buy on pullback, 124.80
[10:05] {Roman} i am bidding there
[10:06] {Roman} good example of chasing if u were to buy RIMM at high here
[10:09] {_sirzuke} apple going home
[10:10] {Roman} AAPL Apple WWDC update (12.38 +0.90) -Update-
[10:10] {Roman} Apple store is down. Co normally does this when they have new products coming.
[10:20] {dino} rnow spike
[10:21] {DaveG} 3 for 3 :))
[10:22] {craigaudio} what you traded today Dave?
[10:22] {DaveG} DE
[10:22] {Threei} FDRY stop to .09, next spike for exit
[10:23] {DaveG} when i get more comfortable, i'll post my trades, but for now i just can't
[10:23] {_sirzuke} why?
[10:23] {DaveG} because its the way i am :)
[10:23] {craigaudio} ok no problem
[10:24] {DaveG} :)
[10:28] {_sirzuke} is apple still a buy at .80?
[10:29] {DaveG} tell magoo he needs to plug it in first
[10:30] {dino} lol, dave buy a new chair so we can see what you trading
[10:30] {DaveG} just DE
[10:30] {dino} bustin' ya
[10:30] {DaveG} :)
[10:31] {DaveG} i seem to do better watching, being familiar with one thing
[10:42] {dino} rnow s .17
[10:45] {dino} damn partial or i'd be out
[10:59] {Roman} SIGA pop
[11:06] {dino} mnkd
[11:11] {DaveG} 4 for 4 :))
[11:14] {dino} gj, you the man
[11:16] {dino} rnow bstop to .79
[11:27] {Roman} AAPL droppping
[11:28] {_sirzuke} yeah...what to do?
[11:28] {Roman} good question
[11:28] {_sirzuke} cnbc?
[11:28] {dino} rnow stopped .80, +.37
[11:29] {Roman} i would wait for another shakeout
[11:31] {DaveG} wtg dino
[11:33] {dino} brkr
[11:34] {dino} ty dave
[12:04] {DaveG} short DE 16.68
[12:04] {DaveG} 116.68
[12:06] {DaveG} stopped
[12:09] {DaveG} the one i post i get stopped on
[12:10] {Threei} don't push dave
[12:10] {dino} unbelivable dave, sheesh
[12:10] {Threei} it's all too easy to go to the well one time too much
[12:11] {DaveG} k
[12:14] {dptl} take care everyone talk to you tomorrow
[12:14] {Threei} bye dp
[12:23] {dino} dsti
[12:27] {Threei} AVII something to watch tomorrow
[12:31] {Threei} ASIA too
[12:34] {Threei} serious breakdown AAPL
[12:39] {dino} mnkd again
[12:47] {Threei} any news INNO?
[12:50] {dino} mnkd hl s .72
[12:52] {craigaudio} bye everyone. have a good evening
[12:52] {Threei} take care craig
[12:52] {dino} cya craig
[12:55] {DaveG} later gang
[12:55] {Threei} thank you all
[12:56] {Threei} much nicer even though not too active day vs last week
[12:56] {Threei} 3 for 4
[12:56] {lklarson} have a good night all
[12:56] {Threei} have a good evening, see youi tomorrow
[12:56] {lklarson} take care vad
[12:56] {_sirzuke} thanks all
[12:59] {dino} mnkd cov .60, +.12
[13:02] {dino} gn all, thx