Session Start: Thu Oct 18 00:00:00 2007
Session Time: Thu Oct 18 00:00:00 2007
[05:04] {bruce} gm all
[05:40] {cosmo} LOGI should hold 33.50
[05:40] {cosmo} ... or its nap time
[05:41] {Threei} any time is nap time
[05:41] {Threei} morning :)
[05:41] {cosmo} yes... even in the morning
[05:41] {Threei} especially in the morning
[05:42] {Threei} but, you realize if you said evening or afternoon I'd say the same
[05:42] {cosmo} its a 24 hour world these days
[05:43] {bruce} ebay gave up all its post market frenzy gains
[05:43] {cosmo} 24 hours of morning... somewhere...
[05:43] {Threei} yeah, what's up EBAY
[05:43] {Threei} contradicting upgrades/downgrades
[05:44] {Threei} 3 upgrades including GS, 2 downgrades
[05:44] {bruce} kind of looks like it - didn't even hold closing price
[05:45] {Threei} GOAM prints near yeste high
[05:47] {bruce} you think logi is a long for day cosmo?
[05:48] {cosmo} hmmm .... long zzzz, maybe
[05:48] {bruce} k
[05:49] {bruce} vad - have you considered doing more all - day trades?
[05:49] {cosmo} i'll sleep on it, bruce
[05:49] {bruce} target trades with a high probability of move in one direction
[05:49] {bruce} then buy small on open and hold for day
[05:50] {cosmo} a day is a long time
[05:50] {bruce} too long you think?
[05:50] {Threei} I need to see a reason for putting such trade on
[05:50] {bruce} SOME STOCKS TREND ALL DAY
[05:50] {Threei} some do, some don't,
[05:50] {Threei} question is
[05:50] {bruce} I have trouble identifying them though
[05:50] {Threei} as stock moves, read changes, right?
[05:51] {bruce} yes
[05:51] {Threei} so, how can you assign the target in time terms instead of character of the move terms?
[05:51] {Threei} I mean, you decide this one is all day hold,
[05:51] {bruce} don't know - just thought there might be setups that identify strong trend potential
[05:52] {Threei} then you see parabolic move, verticla explosion obviously setting a stage for euphoria-selloff cycle
[05:52] {dptl} good morning all
[05:52] {Threei} will you continue holding because you decided it's a day hold
[05:52] {Threei} or will you react on the character of the move?
[05:52] {Threei} dp :)
[05:52] {bruce} hi dp
[05:53] {bruce} I thought maybe day patterns could identify potential day trenders
[05:53] {Threei} it's just a matter of time frame in which you read the charts
[05:53] {bruce} but I think I hear you sayingmost moves are too erratic during a day for that
[05:54] {Threei} you can go ahead and identify trends in intraday time frame, or daily, or monthly
[05:54] {bruce} better to just grab moves while they are moving in one direction and get out
[05:54] {Threei} this is what I do
[05:54] {Threei} in order to do what you say I would need to change EVERYTHING
[05:54] {Threei} whole approach to trading
[05:55] {cosmo} use fundamentals?
[05:55] {Threei} mine has shaped up under the influence of zillion factors
[05:55] {Threei} risk tolerance most of all
[05:55] {Threei} the longer your exposure to the market is the bigger your risk
[05:56] {Threei} method of reading I apply looks at what's happening in fron of your eyes and governs your reaction
[05:56] {Threei} thus picking up the easiest money
[05:56] {Threei} and getting out before weather changes
[05:57] {Threei} of course now and then I identify longer time frame trends,
[05:57] {cosmo} NKTR
[05:58] {Threei} as in recent example with rally call around 09/12
[05:58] {Threei} but that is to help find the right trades
[05:58] {Threei} in my time frame
[05:58] {Threei} rather than trade that time ferame
[05:58] {magoo} morn
[05:58] {Threei} magoo :)
[05:59] {bruce} hey magoo
[06:00] {bruce} thanks vad - just exploring diferent ways to trade profitably
[06:00] {esemde} good morning all....
[06:00] {Threei} ese :)
[06:00] {Threei} ese, look your e-mail please
[06:00] {esemde} got your email yesterday Vad
[06:00] {bruce} still learning your strategy - not easy money for me
[06:00] {Threei} cool, let me know
[06:00] {bruce} howdy ese
[06:00] {esemde} bruce
[06:01] {cosmo} NKTR: Nektar stock drops after Pfizer pulls plug on drug
[06:01] {Threei} as you observe the trades I call bruce... try to identfy the decision factors, ask questions
[06:01] {Threei} it's really nothing complicated
[06:01] {bruce} working on it vad
[06:01] {bruce} thanks
[06:01] {esemde} will do...... have not been much of a participant this week everyone...big tech problems
[06:02] {bruce} sorry to ask so many questions
[06:02] {bruce} getting there though I think
[06:02] {Threei} don't be sorry... ask'em
[06:02] {Threei} ese, other problems aside of this scanner one?
[06:05] {Threei} bruce... for longer time frame trades watch roman, he does a lot of those,
[06:05] {esemde} yes....the trading vehicle keeps shutting down...
[06:05] {Threei} but my thinking is, you are looking for alternative before mastering one
[06:05] {Threei} that's not focused approach
[06:06] {Threei} learn one, expand your horizons after if there is a need/want
[06:06] {esemde} it could be the way my computor is configed....but everthing else works
[06:06] {Threei} hmm ese... sounds like this scanner issue just a symptom of bigger one then
[06:07] {bruce} thanx vad
[06:07] {esemde} funny thing is....i restored my computor to a previous state and the old trading vehicle worked..
[06:08] {Threei} so their upgraded version is flawed looks like
[06:08] {esemde} this new one that they have doesn't....hmmmmmis it ...or is it not my computor then....hmmmm
[06:08] {Threei} sounds like that tome
[06:08] {cosmo} ese: i had a support tech tell me once this problem could be spiritual ...fwiw
[06:09] {esemde} spiritual......nice....all in my mind......as i watch profitable trades go by...FOR REAL
[06:10] {cosmo} i can emphasize
[06:10] {Threei} try what our support suggested ese... to narrow down the problem
[06:11] {Threei} empathize cos?
[06:11] {cosmo} hmm
[06:12] {cosmo} spelling? ....that's raven's job i thot
[06:13] {Threei} yes, I am baiting him
[06:13] {magoo} obsevation here....yhoo popped after earnings 3 points....gave all back and some next morn
[06:14] {magoo} ebay pops 3 pts...gave all back next morn
[06:14] {magoo} are u with me?
[06:14] {bruce} lol - yes - typed that 30 mins ago mags
[06:14] {Threei} yes but we are deweply distrubed by this
[06:15] {dino} gm all
[06:15] {magoo} last qtr...bidu poped 30 pts..i shorted it next morn and got it all back
[06:15] {magoo} hhhhmmmm
[06:15] {Threei} dino :)
[06:15] {bruce} hi dino
[06:15] {magoo} mkt xtended...the tone is becoming a pop and drop
[06:16] {bruce} thats what id did yesterday for mostpart - quick moves
[06:16] {markweb} gm all
[06:16] {bruce} lulu was an exception - kept rising
[06:16] {bruce} hey mark
[06:16] {Threei} mark :)
[06:17] {Raven} {-------- overloaded with bad grammer and misspelled words ... arghhh ... GM
[06:17] {Threei} sorry R
[06:17] {cosmo} me too
[06:17] {Threei} but we can't help it
[06:17] {cosmo} i try
[06:18] {Raven} sigh
[06:21] {bruce} hi raven
[06:21] {Raven} hey bruce
[06:21] {bruce} maybe add a spell ceck vad
[06:21] {bruce} lol
[06:21] {bruce} check
[06:22] {Threei} why
[06:22] {Threei} to kill all the fun?
[06:22] {Threei} and to make Raven's life boring?
[06:23] {Threei} magoo with good spelling - won't it feel very unnatural?
[06:23] {Raven} oh sigh ... too much blabber in here ... results in too many errors
[06:23] {magoo} d;odgjk;dj
[06:23] {Raven} magoo is so bad I sometimes use "ignore"
[06:24] {magoo} aaaaaaaahhhhhhhhhh come on????
[06:24] {Raven} oh ... hi ma a gog gogooooooo
[06:24] {bruce} are you choking raven
[06:24] {bruce} ?
[06:24] {Raven} at times
[06:24] {bruce} someone call a paramedic
[06:24] {cosmo} LOGI
[06:25] {cosmo} looks testy
[06:25] {Threei} [09:24] {magoo} d;odgjk;dj {--- that's magoo we know and appreciate
[06:26] {magoo} thats russian vad, what i say to enlighten roiom
[06:27] {Raven} roiom
[06:27] {dino} bruce good questions this a.m., don't be afraid to ask.
[06:27] {Raven} moior
[06:28] {bruce} you can offer an english grammer add -on subscription feature vad
[06:29] {Threei} and spiritual consulting for computer problems?
[06:29] {bruce} good idea
[06:30] {bruce} maybe add a computer psychic too
[06:30] {cosmo} :)
[06:30] {bruce} ebay short?
[06:31] {Threei} let it establish something
[06:31] {ramvfin2003} NVDA?
[06:31] {dino} just need an easy button bruce
[06:31] {ramvfin2003} wife works for staples corp...can get u a ton of easy buttons..lol
[06:31] {bruce} me too dino
[06:32] {bruce} thats another add- on
[06:35] {Threei} JNPR short half lot .90 breakdown
[06:36] {Threei} over 37.15 invalidated
[06:36] {Threei} see GEOI?
[06:37] {bruce} bac short?
[06:37] {magoo} vad..look at volume
[06:37] {magoo} that was roman entirely
[06:37] {Threei} lol
[06:38] {Threei} BAC, I would short 48 break
[06:39] {Threei} JNPR is two-sided setup
[06:39] {Threei} breakout is long
[06:39] {ramvfin2003} break of .14 is long on JNPR vad?
[06:39] {Threei} yes
[06:39] {Threei} half lot
[06:40] {dino} avct
[06:40] {Threei} .99 stop JNPR
[06:43] {bruce} jnpr .17 l
[06:43] {esemde} PLCM.....
[06:45] {magoo} LULU continues vad
[06:45] {bruce} missed bac entry
[06:45] {Threei} and looks breaky
[06:45] {magoo} OY
[06:46] {Threei} pullback into 53 would be best to look for entry mags
[06:46] {Threei} GOAM on the move
[06:46] {Threei} Roman was right
[06:46] {bruce} logi took off
[06:48] {Threei} BAC CFO: CDO PIPELINE 'SLIGHTLY MORE' THAN $1B - CONF CALL
[06:49] {dino} need a top on it
[06:50] {bruce} stopped jnpr
[06:50] {Threei} yup
[06:50] {ramvfin2003} topped JNPR
[06:51] {bruce} next
[06:51] {magoo} stoped jnpr a
[06:52] {bruce} wm short?
[06:52] {Threei} CTDC
[06:52] {dino} fonr hl s .55, risky
[06:53] {dino} bstop .82
[06:53] {Threei} 30 breakdown, but this is scary one bruce
[06:53] {Threei} volatile
[06:53] {bruce} see that - big stop - going to pass
[06:54] {dino} hl l vrtx .80, stop .46
[06:55] {dino} forn stopped slips -.35
[06:55] {ramvfin2003} AVCI?
[06:56] {Threei} BRCM half lot aggressive short with stop just above 42
[06:56] {dino} stopped vrtx -.33
[06:56] {Threei} first sign of weakness from here BRCM
[06:57] {Threei} no read on AVCI, wierd one
[06:57] {Threei} ADBE
[06:57] {Threei} .33 long
[06:58] {Threei} .19 stop
[06:58] {ramvfin2003} in .33
[06:59] {Threei} BRCM invaliadted over 42
[07:00] {Threei} SEPT LEADING INDICATORS: 0.3% V 0.3%E
[07:00] {Threei} IRAQ STOPPING OIL DUE TO FULL STORAGE TANKS
[07:01] {cosmo} ... that figures
[07:02] {Threei} anyone got BRCM?
[07:02] {magoo} i in
[07:02] {magoo} .93
[07:03] {bruce} missed entry
[07:03] {bruce} tried .93
[07:05] {Threei} cover half BRCM
[07:06] {Threei} stop to .85
[07:08] {ramvfin2003} VRTX?
[07:10] {Threei} NVDA .75 short, .86 stop
[07:11] {cosmo} adbe
[07:11] {Threei} ADBE is nice candidate for trend but NQ action keeps it down
[07:12] {cosmo} adbe patiently waits for reversal
[07:14] {dino} wrnc hl l .02
[07:15] {dino} avct l hl .35
[07:17] {dino} good spot vrtx ram
[07:17] {ramvfin2003} RIO?
[07:17] {Threei} what's with PRGN
[07:18] {bruce} was stop 28.45 avct dino?
[07:18] {dino} wierd moves today
[07:19] {dino} getting rinsed, if following, i'm widening careful
[07:19] {bruce} just curious _ didn't take it - support looke3d too far away
[07:20] {dino} bruce, i'm long l=long
[07:20] {dino} should've sdhorted, lol
[07:20] {bruce} yup
[07:21] {Threei} INFY
[07:21] {bruce} how would you set stop for avct long trade?
[07:21] {Threei} INDIAN FIN MIN SAYS NO INTENTION OF IMPOSING CAPITAL CONTROLS ON CAPITAL FLOWS
[07:21] {dino} wide, lol, it's whipping, go smaller size and wider stop, can't use the hard as it will rinse
[07:22] {bruce} k
[07:22] {bruce} thought it would need to be pretty big
[07:22] {dino} like pulp
[07:22] {bruce} so you watch price action and make judgement call when in?
[07:23] {dino} y
[07:23] {dino} but don't let it kill you
[07:23] {bruce} k
[07:24] {cosmo} .....so, is India 'lese faire'?
[07:25] {dino} indians in the series i believe
[07:25] {bruce} adbe long?
[07:26] {Threei} it's a slowly trending one... tough read for me
[07:26] {bruce} k - passing then
[07:26] {Threei} one of those that can climb slowly whole day
[07:26] {Threei} but finding entries is tough on them
[07:27] {cosmo} but its a good investment
[07:27] {bruce} lol cosmo
[07:28] {bruce} thats what brokers say when you get rinsed
[07:28] {Threei} PRGN, half lot long on .50 break
[07:28] {bruce} next line is double up
[07:28] {Threei} stop under .30
[07:28] {Threei} can go to 27 easily
[07:28] {magoo} in prgn
[07:29] {dino} cramer pick last night prgn
[07:30] {Threei} EIA NATURAL GAS INVENTORIES: +39 BCF VS. + 55 TO +60 BCF EXPECTED RANGE
[07:31] {Threei} come on cramerites, buy it
[07:31] {magoo} we need him to mentiobn it today
[07:33] {bruce} prgn in .43
[07:34] {Threei} NQ just can't make up its mind today
[07:35] {dino} vrtx interesting now
[07:36] {dino} bruce avct stop tto .19
[07:36] {dino} hard
[07:36] {magoo} nvda valid??
[07:37] {bruce} stopped
[07:37] {dino} risky, hl l vrtx .60
[07:37] {Threei} backing off for now, nothing workas
[07:38] {dino} avct stop to .75
[07:39] {bruce} thanks dino
[07:39] {ramvfin2003} NTES?
[07:39] {dino} out avct .79, +.44
[07:40] {dino} np, gj
[07:40] {dino} pullback to .25ish imo
[07:40] {bruce} your brcm trade worked vad
[07:41] {magoo} LULU frenzuy
[07:41] {dino} stopped vrtx -.44
[07:41] {dino} done w/it
[07:41] {bruce} was just going to say - lulu testing agin
[07:42] {magoo} why don't u?;lol
[07:42] {bruce} just did
[07:42] {dino} wrnc not moving, stop to .91
[07:43] {dino} screw it, to flat
[07:45] {Threei} [09:46] {Threei} pullback into 53 would be best to look for entry mags
[07:45] {Threei} see where it bounced from?
[07:45] {magoo} scalped twice vad
[07:45] {magoo} second was my alert of frenzy @ 55..out now .91
[07:45] {Threei} to the frikking cent
[07:46] {magoo} feels like 57 today
[07:46] {magoo} but not easy
[07:47] {magoo} oops..i mean 58 he he
[07:47] {bruce} going to buy 10 k lulu and hold for day
[07:47] {bruce} oops
[07:47] {bruce} thats a trout for sure
[07:47] {dino} bidu ramp, watch chinas
[07:47] {Threei} BIDU... mama mia
[07:47] {Threei} can this pulp move
[07:48] {bruce} I HATE bidu
[07:48] {magoo} i think LULU proportionately moves better
[07:48] {dino} pulp moves baby
[07:49] {dino} lulu tutu, iran iraq whatever
[07:49] {magoo} pulp can move baby!!!!!!!!
[07:49] {bruce} seed short?
[07:49] {Threei} 55 is next support level to watch for LULU entry
[07:50] {Threei} by daily chart, rather a place top look for bounce bruce
[07:50] {Threei} filled the gap, volume dried up
[07:51] {magoo} 57 before 55 imho
[07:51] {magoo} in .99
[07:52] {Threei} quite possibly
[07:52] {Threei} this one works on both pullbacks and breaks, and you never know which one this particular time, lol
[07:52] {ramvfin2003} VRTX vad?
[07:53] {magoo} [10:52] {magoo} 57 before 55 imho
[07:53] {magoo} [10:53] {magoo} in .99
[07:53] {magoo} [10:53] {Threei} quite possibly
[07:53] {magoo} [10:53] {Threei} this one work
[07:53] {dino} wrnc stopped +.01 whoopie
[07:53] {magoo} OUT
[07:53] {magoo} 57
[07:53] {ramvfin2003} nice mags
[07:53] {markweb} CTSH dino?
[07:53] {Threei} looks like bounce time ram
[07:53] {magoo} [10:48] {magoo} oops..i mean 58 he he
[07:53] {dino} avct hl l .16, whippy
[07:53] {ramvfin2003} where would u enter?
[07:54] {dino} i like it ram
[07:54] {dino} l hl .75
[07:54] {Threei} ALTI?
[07:56] {dino} man that vrtx rinsed me again
[07:59] {magoo} 55 might be now vad
[08:05] {dino} star
[08:05] {magoo} someone kick vad..i have a question
[08:06] {Threei} so ask... why kicking
[08:06] {magoo} keep kickin..he'll wake up
[08:06] {magoo} see
[08:07] {magoo} u got any vodka at the house?
[08:07] {Threei} usually, some
[08:07] {Threei} why, you ran out of?
[08:07] {Threei} see ADBE?
[08:07] {magoo} i like PRGN to 27, any thoughts
[08:07] {Threei} makes new highs but can you play it?
[08:07] {Threei} pullbacks are unreadable
[08:08] {Threei} breakouts don't work and no way to read the entry on pullback
[08:09] {Threei} tough one mags... it had a great chance when we tried it earlier, and failed
[08:09] {magoo} i think if takes 65 we gonna get it
[08:09] {magoo} .65
[08:09] {magoo} aggressive here hl
[08:10] {Threei} stop under .20?
[08:10] {magoo} i will add at .61 and exit ,93
[08:11] {magoo} .14 cause its a half
[08:11] {magoo} no damage
[08:11] {Threei} Raven... any cold war stocks?
[08:11] {magoo} aggressive entry here LULU ...58 comith
[08:11] {Threei} http://www.bloomberg.com/apps/news?pid=20601087&sid=a4wuPvoZL.NI&refer=home
[08:11] {Threei} get ready for cold war, round 2
[08:12] {magoo} does that mean u moving back to moscow vad??
[08:12] {Threei} let me think about it
[08:12] {Threei} OK, I thought about it
[08:12] {Threei} no
[08:13] {magoo} russian women are very VERY hot
[08:13] {bruce} thats only cause its so damn cold there mags
[08:14] {bruce} in moscow you can cosy up to a ridge for warmth
[08:14] {bruce} fridge
[08:14] {Threei} lol... and polar bears on the streets, right?
[08:14] {bruce} no
[08:14] {bruce} penquins isn't it?
[08:15] {Threei} wrong hemisphere
[08:15] {bruce} we've got the polar bears
[08:15] {bruce} seen it in the beer commercials
[08:15] {bruce} my hemispheres are working toeday
[08:15] {magoo} in more
[08:15] {bruce} arent
[08:16] {bruce} no pressure vad - just find us a nice low risk trade
[08:17] {Threei} not much luck so far today bruce
[08:17] {Threei} maybe early... maybe simply not my day
[08:17] {ramvfin2003} bad day for me :(
[08:17] {bruce} drat
[08:17] {Threei} look at NQ 1 min
[08:18] {Threei} see how irrational and patternless it is?
[08:18] {bruce} looks like a pretty whippy flat day to me
[08:18] {Threei} so, you have market followers and you have momo movers,
[08:18] {Threei} market followers keep shaking you out on a day like this
[08:18] {Threei} which is exactly what they did
[08:19] {Threei} and there are no momo plays so far
[08:19] {bruce} yup - good day to go light
[08:19] {bruce} I'll stop for day if next trade is another stop
[08:19] {dino} star hl s .15
[08:20] {Threei} of course thereare always things like PRGN, BIDU or LULU
[08:20] {magoo} not getting any help from mkt on my PRGN trade vad
[08:20] {Threei} but they are anything but low risk
[08:20] {bruce} I get routinely killed overtrading days like this - trying to get bqack to flat
[08:20] {Threei} that's common mistake bruce
[08:20] {Threei} just accept that some days are not good,
[08:20] {Threei} keep your loss small,
[08:20] {Threei} observe and wait for nice clean mover to appear
[08:21] {dino} ctsh tighten stop to .59
[08:21] {bruce} got you - thats the lan
[08:21] {Threei} and if nothing like that surfaces, simply stay inactive and come back tomorrow
[08:21] {Threei} can't win every day
[08:21] {bruce} exactly
[08:21] {Threei} take it as normal course of things
[08:21] {magoo} stopped LULU..
[08:21] {Threei} look at NQ:
[08:22] {dino} take breaks bruce, walk away for 30 mins.
[08:22] {Threei} moved up on the open,
[08:22] {bruce} eric short?
[08:22] {Threei} consolidated a little,
[08:22] {Threei} failed to break out, dropped, made new low,
[08:22] {dino} not watching eric got me yesterday
[08:22] {Threei} little bounce, new low,
[08:22] {Threei} new bounce takes it all the way to the high, believe it or now
[08:23] {Threei} little pullback, new high
[08:23] {Threei} and what do you know, drop all the way to the low
[08:23] {Threei} day when market tells you "read this!"
[08:24] {bruce} adbe all over again
[08:25] {dino} ok, i know i shouldn't, but hl l vrtx off of .75
[08:28] {bruce} nice move for you dino
[08:29] {markweb} dino! dino! dino!
[08:31] {dino} lol
[08:32] {markweb} sorry for CTSH sloooow:(
[08:33] {magoo} CTDC trying....not in'
[08:33] {magoo} nasty
[08:34] {dino} stop to .91
[08:34] {dino} ctsh is up, no stop hit, no worries bro
[08:35] {markweb} ctsh sold @41.02
[08:37] {Threei} CTDC
[08:37] {dino} out vrtx .30, +.55
[08:37] {ramvfin2003} long on .70 break vad?
[08:37] {markweb} gj
[08:37] {Threei} wow... no way ram
[08:38] {ramvfin2003} k just askin...
[08:38] {Threei} you get in momo movers when they start, not after spike
[08:38] {bruce} wtg dino
[08:38] {dino} ty
[08:39] {esemde} have agreat day everyone...
[08:39] {ramvfin2003} PNC long?
[08:40] {Threei} ese, don't forget to let me know how it goes with scanner
[08:41] {Threei} PNC? 1 dollar down in two bars?
[08:42] {dino} later ese
[08:44] {bruce} see you ese
[08:47] {bruce} vrtx short now dino?
[08:50] {dino} dk,
[08:51] {dino} watch market imo, seems to me its overreacting to a competitors drug thats about 2 years away, but who knows
[08:52] {dino} avct stop to .74
[08:55] {dino} star bstop to .01
[08:55] {ramvfin2003} CTEL moving
[08:57] {dino} ctsh stop to .89
[08:57] {dino} stopped avct -.41
[09:00] {dino} out star slippage +.06
[09:00] {dino} that sucked
[09:00] {dino} out ctsh .90, +.15
[09:01] {dino} brb
[09:04] {Threei} LDK
[09:04] {Threei} OTHER EXECS QUESTIONED CO.'S INVENTORY QUALITY - WSJ
[09:05] {magoo} no avail now
[09:05] {Threei} ione day thing will open at $5
[09:06] {dino} wait for the halt
[09:09] {Threei} this stock has scam written all over it
[09:09] {dino} rrst
[09:09] {dino} thin
[09:10] {ramvfin2003} SDTH?
[09:10] {Threei} risky scalp on momo if breaks
[09:11] {dino} one more spike imo
[09:11] {magoo} LULU more intriguing
[09:11] {dino} can't borrow at cyber
[09:12] {dino} sdth that is
[09:14] {magoo} PRGN stooped f@cker
[09:17] {Threei} 8.33 is now long trigger for SDTH if stays above .20
[09:18] {ramvfin2003} k
[09:18] {ramvfin2003} in .33
[09:19] {magoo} in
[09:19] {ramvfin2003} target VAD?
[09:20] {magoo} i waiting .48
[09:20] {Threei} either scalp closer to .50, or take half and see if it stages next leg
[09:20] {ramvfin2003} k
[09:21] {dino} ipsu
[09:21] {dino} thin
[09:22] {magoo} OUYT TRY vad
[09:23] {Threei} :)
[09:23] {magoo} sheesh..typing
[09:23] {magoo} raven luv that 1
[09:23] {magoo} OUT TY VAD
[09:23] {Threei} that's how I read it
[09:23] {Threei} with years of practice I can understand magooish
[09:23] {dino} magoo ebonics
[09:24] {Threei} CTEL
[09:24] {Threei} 8.50 break, scary as
[09:24] {Threei} as
[09:24] {Threei} use your imagination
[09:25] {magoo} follow magoo..ill lead u thru hell and back
[09:25] {Threei} lol
[09:29] {markweb} seed
[09:29] {markweb} sey
[09:29] {markweb} sry:)
[09:29] {Threei} GILD halt
[09:34] {magoo} news vads?
[09:34] {Threei} on what?
[09:34] {magoo} [12:30] {Threei} GILD halt
[09:34] {Threei} TRADING HALTED; NEWS PENDING- note: earnings report is scheduled for after the close
[09:35] {dino} positive drug opinion eu
[09:38] {Threei} new high ADBE...
[09:38] {Threei} frustrating stock
[09:39] {magoo} but u never called it right?
[09:39] {Threei} not after first stop
[09:40] {magoo} ram..u ok on SDTH?
[09:40] {dino} wrnc l hl .50, stop .19
[09:41] {ramvfin2003} out .48
[09:41] {magoo} keep an eye on LULU...really bothers magoo
[09:41] {magoo} gj
[09:41] {magoo} ram
[09:42] {Threei} CTEL relatively low risk entry here
[09:42] {dino} gj ram, i ditched i took it off screen as no short, hate when only allowed one way to play
[09:42] {magoo} u going in?
[09:42] {Threei} with 7.90 stop
[09:42] {magoo} what u get?
[09:42] {Threei} ,08
[09:43] {magoo} PRGN coiling
[09:43] {magoo} with naz help, gonna gp imho
[09:43] {ramvfin2003} in CTEL
[09:45] {Threei} SDTH new highs
[09:46] {magoo} LULU
[09:46] {ramvfin2003} target on CTEL vad?
[09:46] {Threei} if breaks .60, I'd say somewhere around .75
[09:49] {bruce} ctel in
[09:51] {magoo} in LULU
[09:51] {magoo} 56
[09:56] {ramvfin2003} CTEL needs a shot of vodka..lol
[09:57] {bruce} ctel needs adrenaline
[09:57] {bruce} and maybe large russian boot
[09:57] {dino} so do i
[09:57] {dino} the vodka that is
[09:58] {bruce} go you b@asta@d
[09:58] {bruce} learned that spelling from dino
[09:58] {ramvfin2003} lol
[09:59] {bruce} if ctel doesn't go I will never buy another chinese phone ag@in
[10:00] {Threei} you will have to live without phone then
[10:00] {bruce} I can go back to cans vad
[10:00] {bruce} you know - with string betwen them
[10:01] {Threei} I guess... but where do you think cans and strings are made?
[10:01] {bruce} lol
[10:01] {bruce} da@m
[10:01] {ramvfin2003} good point vad
[10:02] {bruce} sc@ewed
[10:02] {Threei} FED'S PLOSSER: PREFERS TO USE FORWARD LOOKING ECONOMIC MODELS
[10:02] {Threei} oh wow
[10:02] {Threei} wiser and wiser
[10:02] {magoo} as opposed to what/ lol
[10:02] {Threei} here we sit trying to use backward looking ones
[10:02] {bruce} is that where they spend based on 2025 earnings?
[10:03] {bruce} maybe they can borrow from nigeria
[10:04] {Threei} I am not sharing my nigerian riches
[10:04] {bruce} you can charge nigerian interst
[10:05] {bruce} 2100%
[10:05] {Threei} CTDC
[10:05] {ramvfin2003} stpped ctel
[10:05] {Threei} .70 break is scary scalp
[10:06] {magoo} big ooffer .75 vad
[10:06] {bruce} still in - we didn't get .9 yet ram
[10:07] {Threei} you know what happens to those offers when momo hits
[10:11] {bruce} you guys ever get halted in a stock you were in ?
[10:11] {dino} y
[10:11] {Threei} not pleasant experience
[10:12] {bruce} scary stuff
[10:12] {magoo} several
[10:12] {dino} tell you what else sucks, when they break trades
[10:12] {Threei} one side
[10:12] {Threei} yikes
[10:12] {magoo} that happened to me too
[10:13] {dino} last spring, had a 30 pt gain on short, three hours later they break all trades
[10:13] {bruce} geez
[10:13] {Threei} both sides of your trade dino?
[10:13] {bruce} sue the ba@ta@ds
[10:13] {Threei} or just one
[10:14] {Threei} out CTEL
[10:14] {bruce} me too
[10:14] {dino} not worth it, "they" always win
[10:14] {bruce} 3 strikes
[10:14] {bruce} I'm out forday lads
[10:15] {patience} and a lass
[10:15] {Threei} ok guys, now that bruce is out,
[10:15] {Threei} let's make real trades
[10:15] {bruce} exactly
[10:15] {dino} take care bruce
[10:15] {ramvfin2003} im with bruce bad day...need to turn it around
[10:15] {bruce} going to stay guys - just not taking any more tradews
[10:15] {bruce} going to watch you all rack up the wins now
[10:16] {dino} take care ram
[10:17] {Threei} SDTH target hit
[10:17] {Threei} [12:47] {Threei} if breaks .60, I'd say somewhere around .75
[10:17] * magoo slaps Threei around a bit with a large trout
[10:17] {Threei} what?
[10:17] {Threei} one frikin winning trade and I get slkapped?
[10:18] {magoo} what? its only my first one today
[10:19] {dino} hl l vrtx .70
[10:19] {dino} stop .29
[10:24] {Threei} GILD crazy
[10:34] {magoo} go greeeeeeeeeeeeeeeeeeennnnnnnnnnnnnn
[10:35] {ramvfin2003} vad, thoughts on RIO?
[10:35] {magoo} brazil??
[10:36] {magoo} awesome
[10:36] {dino} vrtx stopped, off my screen 1/4 on it
[10:36] {Threei} no thoughts here... break of .80 was a setup, not now
[10:38] {magoo} vad CTDC?
[10:39] {Threei} 9.75 break
[10:39] {magoo} where would u wait? .91 or .07?
[10:40] {Threei} no faintest idea
[10:40] {Threei} both are quite arbitrary
[10:42] {magoo} do u think .91 has a better shot than 07??
[10:42] {magoo} no slap for that??
[10:43] {Threei} sigh... lol
[10:48] {Threei} .51 long GILD if holding above .35
[10:50] {dino} tbsi
[10:51] {magoo} market power up comith
[10:53] {dino} asbc
[10:57] {magoo} green
[10:57] {magoo} both
[10:57] {Threei} that 1.85% works
[10:57] {magoo} fasten trading helmet..buckle up trading chair seatbelt
[10:58] {ramvfin2003} .51 on GILD vad?
[10:58] {Threei} no
[10:58] {ramvfin2003} i missed it didnt i, the first time
[10:58] {magoo} no..it invalidated'
[10:58] {ramvfin2003} k
[10:59] {Threei} you didn't
[10:59] {Threei} it never triggered and lost support
[10:59] {ramvfin2003} NVDA long?
[10:59] {magoo} ram..take 200 shares of LULU ..56
[10:59] {magoo} RISKI
[11:00] {magoo} stop 55.49..$250 bux or we ride it to 57.76
[11:02] {Threei} ZVUE?
[11:02] {magoo} RISKY tho...mkt sux today
[11:04] {Threei} don't you hate it, ADBE
[11:04] {Threei} identified it as all day climber and never found the way to play it
[11:05] {magoo} wait vad...i on the phone being abused by ADBE
[11:05] {Threei} don't even think of giving it my phone number
[11:05] {bruce} thats one of those buy 100 on open and hold all day vad
[11:05] {dino} wrnc stop to .74
[11:05] {bruce} lol
[11:06] {magoo} ADBE just insulted my mama.sheesh
[11:06] {dino} thats just wrong
[11:07] {bruce} put it in dpf for them mags
[11:07] {ramvfin2003} STV long?
[11:07] {Threei} ?
[11:07] {Threei} why?
[11:07] {dino} hate to do it buys, but hard stopping bidu at 320, don't want goog earning to screw it up afterhours
[11:07] {Threei} what do you see on STV?
[11:09] {dino} out wrnc .74, +.24
[11:13] {dino} out bidu from other day +5.46
[11:13] {Threei} wtg
[11:14] {dino} not really, chickened out.
[11:14] {Threei} +5 is +5, however you slice it
[11:15] {dino} magoo only allows the day trades to count, my swings are no good (although my acct likes them)
[11:15] {magoo} does not count
[11:15] {dino} see
[11:15] {Threei} count for what? determine who is bringing beer today?
[11:15] {magoo} BINGO
[11:15] {magoo} and pizza
[11:16] {dino} me
[11:17] {Threei} HMIN
[11:17] {Threei} ummm... risky as hell
[11:17] {magoo} IN
[11:17] {magoo} OOPS...which way
[11:18] {Threei} lol
[11:18] {magoo} i just saw 2 key words...risky...hell
[11:19] {ramvfin2003} stop on HMIN?
[11:20] {Threei} I don't even know what the play is...
[11:21] {ramvfin2003} k
[11:23] {Threei} you in CTDC magoo?
[11:23] {magoo} yes
[11:24] {dino} chke drop
[11:24] {magoo} in .64
[11:24] {magoo} waiting .965
[11:25] {magoo} .95
[11:29] {dino} cavm
[11:34] {Threei} ASTI pulled back into support
[11:35] {magoo} we need mkt help
[11:35] {Threei} half lot long around here, stop is under 18.70, if breaks 19.30 can move into .50 and 20 is not out of question
[11:37] {dino} cavm hl l .08, stop .74
[11:37] {magoo} in vad
[11:39] {magoo} if it fails...u gonna smell fishy LOL
[11:43] {Threei} look at GEOI
[11:44] {magoo} u spotted it 2 days ago...u take any?
[11:44] {Threei} scalped
[11:44] {magoo} i waiting .95 CTDC
[11:44] {Threei} couldn't bear with its volatility
[11:47] {ramvfin2003} come on ASTI..papa needs a winner today
[11:48] {dino} lol
[11:48] {dino} "new shoes"
[11:49] {magoo} i gotta pee soooo bad...but everytime i leave desk market tanks
[11:49] {Threei} stay put then
[11:49] {dino} cavm stop to .09, mkt dropping
[11:49] {dino} stopped +.01
[11:49] {magoo} nice dino
[11:49] {magoo} OOOOOOOOOOUUUUUUUUUUUUUUUTTTTTTTTTTTTTT
[11:49] {dino} i know, but better than down
[11:50] {dino} a flash just ran down the hall
[11:51] {Threei} lol
[11:51] {ramvfin2003} ha
[11:51] {dino} ctct, thin
[11:52] {Threei} break that wall ASTI
[11:53] {dino} ram, i should close my door so i don't see thoise flashes
[11:53] *** Disconnected
Session Close: Thu Oct 18 11:53:50 2007
Session Start: Thu Oct 18 12:06:48 2007
[12:06] *** Now talking in #discussions
[12:06] -admin- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
[12:07] {Threei} ok, that was a joke, just to make sure everyone knows:
[12:07] {Threei} [13:15] {Threei} ok guys, now that bruce is out, let's make real trades
[12:07] {magoo} i just reloaded ASTI .58
[12:07] {magoo} waiting .91
[12:07] {ramvfin2003} VFC movin
[12:08] {magoo} u still got 1/4 vad?
[12:08] {Threei} yes sir
[12:08] {Threei} I believe in 20
[12:08] {Threei} and I have ASTIZ as well
[12:08] {magoo} entry?
[12:08] {ramvfin2003} u think 10 on the z's?\
[12:09] {Threei} not sure on 10
[12:09] {Threei} depends
[12:09] {Threei} 9.16 mags
[12:09] {magoo} all out vad
[12:09] {magoo} asked patience for some
[12:09] {magoo} [15:10] {Threei} depends
[12:09] {Threei} out half 9.35
[12:09] {Threei} lol... I am slow today
[12:10] {Threei} I take severe umbrage in number of vital parts enlargement e-mails I am getting these days... someone is trying to tell me something
[12:10] {magoo} if IF LULU takes .25..we got 57
[12:11] {magoo} in
[12:11] {magoo} kicking it
[12:11] {magoo} ouch..kicked me nback
[12:13] {magoo} vad..2x4 it please
[12:13] {Threei} on LULU?
[12:13] {magoo} yep
[12:13] {bruce} good to see everyon making money now
[12:13] {Threei} no can do magoo
[12:13] {magoo} hit it correct duirection
[12:14] {Threei} with this this name, no rude behavior
[12:14] {Threei} sorry bruce
[12:14] {Threei} but you did the right thing
[12:14] {magoo} oh sh#t...
[12:14] * magoo slaps LaserDave1 around a bit with a large trout
[12:15] {Threei} hmm... good idea actually
[12:15] * Threei slaps LaserDave1 around a bit with a large trout
[12:15] {bruce} agreed vad
[12:15] {Threei} look... recovery after a nasty beginning of the day requires a lot of skill and ability to emotionally detach yourself
[12:16] {Threei} ability to trade with no emotional baggage of earlier stops
[12:16] {cosmo} there's meds too
[12:16] {Threei} so this baggage doesn't make you jump on opportunities that are not there
[12:16] {Threei} always cos
[12:16] {Threei} but I run out
[12:17] {Threei} biggest danger at that point is exactly this:
[12:17] {dino} wow cavm down move
[12:17] {Threei} you confuse wishful thinking for real opportunity
[12:17] {bruce} lol cosmo
[12:18] {bruce} I'm sticking w beer
[12:18] {Threei} desire to get revenge makes you push hard when there is nothing
[12:18] {bruce} what revenge?
[12:18] {bruce} I've already got 3 cans strung
[12:19] {Threei} made in...?
[12:19] {bruce} beans cans
[12:19] {dino} lol
[12:19] {bruce} of course
[12:21] {cosmo} i like to get my cans from Norway
[12:22] {bruce} oh?
[12:22] {bruce} tjpse the sardine ones?
[12:22] {bruce} too small for trout
[12:22] {cosmo} good metal work
[12:23] {dino} cos, you're getting old
[12:23] {bruce} Ididn't know that
[12:23] {dino} :)
[12:23] {bruce} prefer the ones without rust
[12:23] {Threei} but they weld them shut cos
[12:24] {cosmo} vikings took them all over the world and really confused modern scholars
[12:24] {dino} now thats a memory, viking beers
[12:25] {magoo} frat days dino
[12:26] {dino} indeed
[12:26] {dino} long time ago.......
[12:27] {cosmo} the 'past' is just another hoax
[12:28] {Threei} that last little piece of ASTI I have, stop is .24
[12:28] {Threei} there is no past cos?
[12:29] {cosmo} there was no past?
[12:30] {Threei} I knew it... now, can you help me expose gravity as another fraud?
[12:30] {cosmo} the universe is actually falling up
[12:31] {cosmo} in every direction
[12:31] {cosmo} there was no big bang
[12:31] {Threei} not even small one?
[12:32] {ramvfin2003} CECO why movin?
[12:32] {Threei} looking, can't see anything of significance
[12:32] {Threei} the pnly piece of news I see is ridiculous
[12:33] {Threei} SPECIAL COMMITTEE OF THE COMMISSION ON COLLEGES OF THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS ("SACS") COMPLETED ITS SCHEDULED VISITS TO FOUR AMERICAN INTERCONTINENTAL UNIVERSITY CAMPUSES ON OCTOBER 17, 2007. - FILING- At the conclusion of the visits, the Special Committee informed AIU that its final report to SACS would contain no recommendations for further corrective action.
[12:33] {Threei} CFC
[12:33] {Threei} SEN SCHUMER URGING SEC PROBE OF CEO. TO INCLUDE CO
[12:34] {dino} ceco
[12:34] {magoo} 3 points CECO
[12:35] {dino} scor 300 filled s .80
[12:35] {dino} 390\
[12:36] {dino} cov scor .47, +.33
[12:38] {Threei} SEED, reversal from where I said it would
[12:39] {Threei} [10:50] {Threei} by daily chart, rather a place top look for bounce bruce
[12:39] {Threei} [10:51] {Threei} filled the gap, volume dried up
[12:41] {magoo} LULU finally
[12:43] {bruce} thanx vadster
[12:44] {Threei} welcome... but for what?
[12:44] {bruce} info on bounce
[12:45] {Threei} out last portuion ASTI .98
[12:45] {dino} vad the hard azz today
[12:45] {Threei} today?
[12:46] {Threei} 20 ASTI, as told
[12:46] {Threei} ASTIZ, start looking for exit ram
[12:46] {Threei} I think it's time
[12:47] {Threei} too close to eod
[12:47] {ramvfin2003} sold 1/2 @ .35 and the rest @ .05 :(
[12:47] {dino} ceco s hl .41
[12:47] {Threei} ASTI will be a matter of interest for tomorrow as well
[12:48] {dino} damn, didn't think it would get there
[12:48] {dino} strange days
[12:49] {Threei} offering balance ASTIZ 9.90
[12:49] {dino} stop is .77
[12:49] {Threei} won't let it go under .50 on me
[12:49] {magoo} out ASTI 20.30
[12:49] {magoo} from my .58
[12:49] {magoo} nuice vad
[12:49] * Threei slaps magoo around a bit with a large trout
[12:50] {dino} stopped -.41 slippage
[12:52] {Threei} OK guys, I am beat
[12:52] {Threei} thank you all
[12:52] {Threei} have a good evening
[12:52] {Threei} see you tomorrow
[12:52] {magoo} u not waiting for goog vad?
[12:52] {dino} f'in ceco, rinse
[12:52] {Threei} no
[12:52] {Threei} I don't care
[12:53] {dino} rick s .87
[12:53] {bruce} night you guys
[12:58] {dptl} see ya tomorrow all.....have a good evening
[12:59] {dino} cov rick .82, +.05 ugh
[13:01] {dino} take care all, a bit light today
Session Close: Fri Oct 19 00:00:00 2007
Thursday, October 18, 2007
Wednesday, October 17, 2007
October 17, 2007
Session Start: Wed Oct 17 00:00:00 2007
Session Time: Wed Oct 17 00:00:00 2007
[05:09] {bruce} gm everyone
[05:27] {Threei} morning guys
[05:28] {hawkfan4} good morning
[05:28] {Threei} hawk :)
[05:29] {Threei} impressive NASDAQ gap...
[05:29] {Threei} not really what I'd like to see for a sustainable rally continuation
[05:30] {Threei} *SEPT HOUSING STARTS: 1.19M V 1.280ME; BUILDING PERMITS: 1.22M V 1.285ME
[05:31] {Threei} *SEPT CONSUMER PRICE INDEX M/M: 0.3% V 0.2%E; CPI EX FOOD_ENERGY" 0.2% V 0.2%E; CPI NSA: 208.490 V 208.405E
[05:31] {bruce} you think exhastion gap?
[05:31] {Threei} quite possible
[05:31] {Threei} if we climbed slowly into highs I'd be more enthusiastic
[05:32] {Threei} big gap on particular events after that big red day is more like "yay, chance to sell"
[05:32] {bruce} k
[05:32] {bruce} still lots of talkj about a possible correction coming
[05:33] {Threei} EBAY CONFIRMS MYSPACE AND SKYPE ANNOUNCE PARTNERSHIP BRINGING FREE INTERNET VOICE COMMUNICATIONS TO MYSPACE GLOBAL COMMUNITY
[05:33] {cosmo} gap is INTC sympathy
[05:33] {cosmo} i think
[05:34] {Threei} CNTF
[05:34] {Threei} CHINESE GOVERNMENT AWARDS TECHFAITH POCKET PC PHONE CONTRACT
[05:34] {Threei} - This is TechFaith's first contract from a customer that is not in the telecommunication sector. The Company expects to benefit from strong demand in the broader, non-telecommunication market going forward
[05:35] {cosmo} CNTF all time high = 10 fwiw
[05:36] {Threei} bruce... maybe there is a need to review a day like yesteday, comparing my calls to your trades... there is some obvious disconnect, hate to see losing day on your side when most of calls worked nicely on mine
[05:36] {cosmo} CNTF high = 9.32 last nite
[05:37] {Threei} this is yesterday's news?
[05:37] {Threei} yet it traded under 7 this morning... wierd
[05:37] {cosmo} after mkt
[05:37] {bruce} lost on cfc and immu reversal
[05:39] {bruce} lost on gm reversal
[05:39] {bruce} anyway - water under bridge now
[05:40] {Threei} true but there is a lesson in most losses
[05:40] {Threei} not all, some of them are just a tribute to market's natural uncertainty
[05:40] {cosmo} better its water than milk?
[05:41] {Threei} I haven't even looked at GM yesterday, I remember I wasn't excited by CFC, mediocre setup, and was looking for pullback on IMMU that never came to my preferrable level
[05:43] {bruce} how do you set preference levels?
[05:43] {Threei} just from chart configuration
[05:43] {Threei} let me find it
[05:44] {Threei} [13:49] {Threei} I would prefer pullback on IMUU bruce
[05:44] {Threei} [13:49] {Threei} IMMU
[05:44] {Threei} [13:49] {Threei} 3.20 is support
[05:44] {Threei} that was the strong resistance a while before this exchange, got broken with nice advance, then stalled,
[05:44] {bruce} you use 5 min chart for preference levels?
[05:44] {Threei} and there was no real frenzy that would allow to dismiss all technicals,
[05:45] {Threei} so I wanted pullback into new support, former resistance
[05:45] {Threei} if I remember correct it never reached 3.29, just finished somewhere above it
[05:45] {Threei} 3.20
[05:45] {Threei} I use 1 min... but that's not very important
[05:46] {bruce} k
[05:49] {cosmo} EXAS: FDA and Regulatory Update Conference Call; Discussion of Warning Letter from the FDA scheduled for 8:30 am ET today
[05:49] {cosmo} CCBN (Wed 8:30am)
[05:49] {cosmo} that's now
[05:49] {bruce} there was a big reversal play yesterday - amln or something like that
[05:50] {bruce} how do you figure appox area reversal will happen?
[05:52] {Threei} there are no rules to violent selloff bottom search
[05:52] {Threei} they can go much farther than seems reasonable
[05:53] {Threei} that's why pure guess-based bottom hunting is a very dangerous game
[05:54] {Threei} I mean, stock is donw 1 dollar in one gasp, is it a bottom?
[05:54] {Threei} what about 2?
[05:54] {Threei} 3?
[05:54] {Threei} what is there to tell you this is the end of selling?
[05:54] {bruce} I can't read those plays
[05:54] {Threei} noone can
[05:54] {cosmo} unless you're psychic
[05:54] {Threei} this is not how correct bottom hunting is done
[05:54] {bruce} by the time reversal is confirmed its usually too far to enter
[05:55] {Threei} if it forms readable setup with affordable risk at the end of selling, it's a reasonable play
[05:56] {Threei} if it just jumps big off the bottom, shrug and move on
[05:56] {Threei} observe how dino plays those,
[05:56] {Threei} he has two approaches to it
[05:56] {bruce} watched yesterday
[05:56] {bruce} he took at .40
[05:56] {Threei} one is to try and bid way way out there
[05:56] {bruce} it was still tanking
[05:56] {bruce} it went down another 40 c but recoverred from there
[05:57] {Threei} which puts his possible entry into "insane" zone
[05:57] {Threei} high chance to miss the entry which happens often,
[05:57] {Threei} and if get it, much better chance for it to be right one,
[05:57] {Threei} which happens to him quite often too.
[05:57] {Threei} It's still including big element of guessing but he minimizes it as much as possible,
[05:58] {Threei} and minimizes risk
[05:58] {esemde} morning all.....
[05:58] {Threei} this is very good understanding of how capitulation plays work on his part
[05:58] {Threei} ese :)
[05:58] {bruce} looked to me like a guess cause reversal hadn't started yet
[05:58] {Threei} another way he often utilizes is,
[05:58] {bruce} would have to set a big stop
[05:58] {Threei} let the stock bottom out, bounce, stall or retreat,
[05:58] {Threei} then look for a recognizable setup
[05:58] {bruce} say 75c or so to let it play out
[05:59] {bruce} and hope for better han 1
[05:59] {bruce} $1. win
[05:59] {Threei} as it forms double bottom, or consolidation to break
[05:59] {bruce} that was my thought
[05:59] {Threei} but don't forget, what dino does with this kind of plays is not for everyone, this is high eskill/experience/feel level
[05:59] {bruce} wait for readable bottom
[06:00] {bruce} agreed
[06:00] {bruce} not usre I havbe stomach for those plays
[06:01] {Threei} and with his tremendous experience and good read for them, he still keeps his p;osition size small on those
[06:01] {Threei} just because of their built-in risk
[06:01] {cosmo} INTC pre mkt high = 27 fyi
[06:01] {bruce} have seen some multi dollar drops in minutes
[06:01] {bruce} could wipe out an account if you pick wrong and can\t get out
[06:02] {markweb} gm all
[06:02] {Threei} mark :)
[06:02] {markweb} :)
[06:02] {bruce} big move for intc
[06:02] {bruce} hi mark
[06:02] {Threei} that's what I observed happening multiple times bruce
[06:02] {Threei} that's why I don't usually recommend this kind of plays
[06:03] {cosmo} cntf
[06:03] {Threei} they are for someone who ate his portion of what market can dish out... and neighbour's portion too
[06:04] {bruce} k
[06:04] {Threei} for some reason reversal plays on big moves are sooo attractive...
[06:04] {Threei} people just can't stand them go by
[06:04] {bruce} can see why
[06:04] {bruce} lots of money in seconds
[06:05] {esemde} good morning all
[06:05] {bruce} hi ese
[06:05] {Threei} well... how about inevitable equation... :)
[06:05] {Threei} de ja vu
[06:05] {Threei} [08:58] {esemde} morning all.....
[06:05] {Threei} [08:58] {Threei} this is very good understanding of how capitulation plays work on his part
[06:05] {Threei} [08:58] {Threei} ese :)
[06:05] {Threei} ;)
[06:06] {bruce} how do you judge frenzy - time and sales window?
[06:06] {Threei} mostly, yes, with level 2
[06:07] {bruce} a lot of plays over last couple weeks had very thin level 2
[06:07] {bruce} thought maybe you don't pay much attnetion to it anymore
[06:07] {Threei} that's because og China mania
[06:07] {Threei} a lot of those are thin
[06:07] {Threei} but that's where the center of activity was
[06:07] {bruce} the plays with thick level 2 often dont move far - just enough to get you to enter - then reverse to stop
[06:08] {Threei} didn't we play at least two of those yesterday with quite nice result?
[06:08] {Threei} NVDA and BRCM
[06:09] {cosmo} INTC tests
[06:09] {Threei} level 2 reflects liqyidity
[06:09] {Threei} thin level 2 - very liquid stock, moves easily
[06:09] {Threei} bigger risk
[06:09] {Threei} thick level 2, big liquidity, harder to move
[06:10] {bruce} brcm yesterday- moved fast despite level 2
[06:10] {Threei} because had momentum
[06:10] {bruce} you read it right - ignoring initial break and waiting for pullback
[06:10] {bruce} break play would have been loss
[06:11] {Threei} CMTF at 9 again
[06:13] {Threei} CNTF sorry
[06:15] {dptl} good morning all
[06:16] {Threei} dp :)
[06:17] {dino} gm all
[06:17] {Threei} dino :)
[06:17] {Threei} dino, we didn't talk about you and your trades while you were away, no sir
[06:18] {tomg} gm everyone
[06:18] {Threei} tom :)
[06:18] {bruce} hi dino
[06:18] {bruce} bidu recovered nicely for you
[06:19] {bruce} hi tom
[06:20] {dino} i see above much too much credit given
[06:20] {Threei} feel free to wire it to whoever you deem necessary
[06:21] {Threei} (hint: magoo would be a good choice, he brings you beer)
[06:21] {bruce} gld possible long breakout setup?
[06:21] {dino} lol
[06:22] {Threei} it's above yesterday's resiatnce
[06:22] {Threei} at rthis point, breakout of what?
[06:22] {Threei} yesterday's resistance already broken, new one is not formed yet
[06:23] {magoo} morni ng
[06:23] {Threei} magoo :)
[06:24] {bruce} should have said breakout continuation
[06:24] {bruce} hi magoo
[06:25] {magoo} u nailed dino to the tee vad in description
[06:25] {magoo} exactly
[06:25] {Threei} I am very observant
[06:25] {Threei} when I don't sleep
[06:26] {magoo} really? oh oh...i nin big trouble then
[06:26] {dino} bidu +15
[06:27] {Threei} yup... I can tell a lot about one's trading habits if one posts his entries and exits
[06:27] {Threei} so be afrrraid, be verry afraid
[06:27] {bruce} 45 poits to go dino
[06:29] {dino} :); vad has me looking over my shoulder
[06:30] {Threei} never mind that blinking red light behind the curtain dino
[06:30] {bruce} just keep finger on button dino
[06:30] {magoo} i gonna pouke
[06:31] {magoo} u guys sucking up to my nemisis
[06:31] {bruce} you trade dino and vad will have your heart attack for you
[06:31] {Threei} rofl
[06:32] {Threei} I am distrustful of this gap... want to sit out first 10 minutes
[06:32] {bruce} k- was wondering about nok long
[06:32] {Threei} or however long I can sleep while pretending to work hard
[06:33] {ramvfin2003} CNTF any thoughts vad?
[06:33] {magoo} look yhoo sell
[06:33] {Threei} CNTF goes through morning hectic readjustment for now
[06:33] {Threei} can do anything at this point, let's see if it forms something when it calms down a little
[06:35] {Threei} I don't know bruce... NOK is just not interesting
[06:35] {ramvfin2003} CHL?
[06:35] {Threei} YHOO gets interesting
[06:36] {Threei} one more pullback, and if holding above .60, .75 becomes long trigger
[06:37] {magoo} was there new news?i know reported last nite
[06:38] {dino} wbmd?
[06:38] {ramvfin2003} in YHOO .75
[06:38] {dino} strn
[06:38] {Threei} lower guidance yesterday WBMD
[06:39] {magoo} is yhoo personna like nvda or brcm vad?
[06:40] {magoo} as in moves w/naz
[06:40] {bruce} you're lokking for double bottomw with higher low in yahoo?
[06:40] {Threei} often yes, magoo
[06:40] {magoo} so we need to see the qqq bounce
[06:40] {Threei} yes bruce
[06:40] {Threei} NQ is not holding so far
[06:40] {bruce} k - got you
[06:41] {bruce} ther it is - now . needs to hold
[06:41] {bruce} .6
[06:41] {magoo} bruce, qwe need qqqq to reverse
[06:42] {bruce} k- thanks mags
[06:42] {magoo} put up a qqqq minute chart to follow
[06:42] {magoo} i alkways have it up as indicator
[06:43] {bruce} I have it up
[06:43] {Roman} what's the price of Crude?
[06:44] {Threei} $35
[06:44] {Roman} ESLR Evergreen Solar spikes 30 cents in first 10 min of trade as Royal Dutch Shell-for-ESLR makes the rounds (9.44 +0.33)
[06:44] {Threei} wait... I forgot to get out of my time machine
[06:44] {Roman} :)
[06:44] {Threei} or day-dream machine
[06:44] {bruce} yhoo valid now
[06:44] {bruce} ?
[06:45] {Threei} it is
[06:45] {Threei} it's still in NQ's hands but it shows the resilience
[06:45] {cosmo} exas
[06:46] {dino} wbmd capit setting in imo
[06:46] {cosmo} 4.12 hod
[06:46] {dino} l hl .65 wide
[06:47] {markweb} NO:)
[06:47] {dino} lol
[06:47] {Threei} GOLDMAN'S ABBY COHEN: STOCKS WILL LIKELY CONTINUE TO RISE AS LONG AS US RECESSION IS AVOIDED - CNBC
[06:48] {Threei} stopped YHOO
[06:48] {markweb} out of diapers with your strategy:)
[06:48] {ramvfin2003} out YHOO -.15
[06:49] {Roman} long DSTI
[06:50] {Roman} slow all day hold
[06:50] {dino} that abbery is one bright chick, i suppose recession they go down
[06:50] {magoo} yhoo bounce coming..niot in yet
[06:50] {Threei} wisdom sharing continues dino
[06:51] {dino} cracking me up lately
[06:51] {dino} and i go out and people talk about these comments, sheesh
[06:54] {Threei} that's why I don't go out
[06:55] {dino} no comment, :)
[06:55] {magoo} i thought it was because every local pub has banned u
[06:55] {bruce} sure you do - crabsre afraid of you
[06:55] {Threei} nothing is secret these days...
[06:56] {magoo} bounce time yhoo
[06:56] {magoo} in .56
[06:56] {Threei} BHIP?
[06:56] {dino} hl l eric .85, stop .48
[06:56] {Threei} SCON 8.20 break long
[06:57] {dino} pwrd, hway
[06:59] {Threei} 8.09 stop
[06:59] {ramvfin2003} l SCON .22
[07:00] {dino} wbmd not working, stopping out
[07:01] {dino} -.55
[07:04] {Threei} CPSL?
[07:05] {ramvfin2003} UTX long?
[07:05] {Roman} CNTF
[07:05] {Roman} long off 8
[07:06] {magoo} in cpsl; .77 out .09 TY VAD too quick ytoo post
[07:06] {Threei} welcome but what heck with it?
[07:06] {magoo} huh?
[07:07] {Threei} why did it jump all of a sudden? :)
[07:07] {magoo} its personnality
[07:07] {dino} china play
[07:07] {magoo} yhoo is 1:!
[07:08] {Threei} sheesh... CNBC hyped it... you guys with your explanations :)
[07:09] {markweb} missed LULU
[07:09] {magoo} lulu..yeah..we need to keep on screen
[07:10] {magoo} 51 high yester
[07:10] {markweb} big one 200"
[07:10] {magoo} out YHOO .77 here, + 21
[07:10] {magoo} full boat
[07:10] {Threei} good one mags
[07:11] {Threei} CPSL guys
[07:11] {magoo} ty
[07:11] {markweb} cpsl
[07:11] {Threei} watch it, could be sustainable this time
[07:11] {Threei} .21 trigger, risky momo play
[07:11] {cosmo} cpsl to the moon, maybe?
[07:11] {Threei} if it taskes resistance level at .35 - .45, not much to keep it from 12
[07:12] {magoo} LULU vad?
[07:12] {magoo} 65??
[07:12] {Threei} need pullback mags
[07:12] {magoo} [10:13] {magoo} 65??
[07:12] {Threei} today? resounding no
[07:13] {bruce} stop would be 10.90 cpsl?
[07:13] {Threei} if sets up from here, yes
[07:13] {bruce} k
[07:13] {Threei} invalidating level is .80
[07:14] {Threei} here comes LULU
[07:14] {Threei} into support 48.5
[07:14] {magoo} CPSL kinda goes then blows..as in we may get one more run...then done
[07:15] {cosmo} EXAS 4.54 hod ...so far ....if you like healers...
[07:16] {magoo} we missed nvda vad
[07:16] {magoo} nice pop
[07:17] {dino} scor
[07:17] {Threei} I watched it... couldn't get a read
[07:18] {Threei} big gap days are always tough
[07:19] {ramvfin2003} CPSL still l on .21?
[07:19] {Threei} yes, but you know how risky it is
[07:19] {Threei} if not, stay away
[07:19] {Threei} this is one of those... huge potential, huge risk
[07:19] {dino} nrmx
[07:20] {Threei} no news that I see
[07:21] {bruce} qs barely moved so far today
[07:21] {dino} l leap .50 hl
[07:24] {cosmo} EXAS tests .54
[07:26] {Threei} LULU starts forming C&H on 1 min
[07:26] {Threei} .90 long trigger if you haven't grabbed pullback
[07:26] {Threei} volatile, thin
[07:27] {Threei} ideally, if holding above .50
[07:27] {Threei} CPSL lost support
[07:30] {Threei} *DOE CRUDE: +1.78M V +1ME ; GASOLINE: +2.77M V +400KE ; DISTILLATES: -1M V -750KE ; UTILIZATION: V 87.5%E
[07:30] {Threei} Crude: +4.4M
[07:30] {Threei} Distillate: +1.93M
[07:30] {Threei} Gasoline:-3M
[07:31] {Threei} market likey
[07:32] {Threei} ENER?
[07:33] {Roman} out 1/2 CNTF
[07:33] {Threei} nice one
[07:34] {magoo} vad, thoughts "FEEL" LULU?
[07:35] {Threei} as far as it can be read... 51 shouldn't be too hard
[07:35] {bruce} ostk just popped
[07:35] {Threei} HLIT
[07:36] {Threei} you have 1:1 on LULU, why not take half off the table
[07:36] {Threei} ease the tension
[07:38] {Threei} market is still way too unstable
[07:39] {markweb} dino. stop on ERIC?
[07:40] {dino} scor hl s .05
[07:42] {magoo} LULU skerrin magoo...and thats saying alot
[07:44] {Roman} scalped SCOR , ty dino
[07:45] {Roman} SHOO
[07:45] {dino} cov scor .20, +.85
[07:45] {Roman} radar,
[07:45] {markweb} gj dino:)
[07:45] {dino} eric stopped -.37
[07:46] {dino} ty mark
[07:46] {dino} wbmd back to my entry
[07:46] {ramvfin2003} play on HLIT?
[07:47] {Threei} 12 break if holding abobe 11.90...
[07:47] {ramvfin2003} ty
[07:48] {dino} i warxt
[07:48] {dino} arxt
[07:48] {magoo} out LULU
[07:48] {Threei} CTDC?
[07:51] {magoo} in .56
[07:51] {magoo} out .92 NICE vad
[07:52] {Threei} wtg
[07:52] {magoo} your alert :)
[07:52] {Threei} your feel and guts... there was nothing but feeding frenzy
[07:52] {bruce} nice one mags
[07:52] {bruce} I didn't see an entry
[07:52] {magoo} my favorite really
[07:53] {magoo} did same on your first CPSL alert
[07:53] {Threei} that was pure momo bruce... gotta have a feel for it, nothing technical about such play
[07:53] {magoo} i "feel" the level 2 frenzy bruce..very fast ..hard to post
[07:54] {bruce} k
[07:54] {bruce} good skill to have
[07:54] {magoo} and u gotta immediately offer out to get hit..see now
[07:54] {Threei} observe this kind for a while when they come along
[07:54] {Threei} you will get it
[07:55] {Threei} HMIN... interesting
[07:56] {bruce} would imagine yoiu use market orders for those kinds of plays mags?
[07:56] {Threei} watch the explosion through .50 bruce
[07:56] {Threei} see?
[07:56] {dino} leap stop is .97 fwiw
[07:57] {bruce} yes -slowing down now though
[07:57] {dino} grrr stopped, not my nkt
[07:57] {dino} \market
[07:58] {Threei} NEWSLETTER REPORTS THIS MORNING THAT LDK'S INVENTORY INVESTIGATION MAY NOT BE COMPLETE, CITING EMAILS BETWEEN CO. AND ITS AUDITOR- LDK declined to comment
[07:59] {magoo} bruce no way always ALWAYS limit
[07:59] {magoo} LIMIT ORDER
[07:59] {magoo} i not leaving it to screw me
[08:00] {bruce} k- didn't think you could get in with limit with those fast moves
[08:01] {magoo} with LASER u can get ANYTHING...unbelievable
[08:01] {magoo} u use LASER?
[08:01] {bruce} yup
[08:01] {Threei} limit above current price bruce
[08:01] {bruce} k
[08:02] {bruce} I use smart in if its moving fast
[08:02] {bruce} takes out first isld level
[08:03] {magoo} use ISLD
[08:03] {magoo} or arca
[08:03] {magoo} which brojker?
[08:03] {dino} i use smart bruce, but don't play those types
[08:04] {Threei} bruce, make sure you have Route out boxes checked
[08:04] {bruce} I think I do
[08:04] {magoo} all of them vad?
[08:04] {Threei} yes
[08:04] {magoo} i don't have edga checked
[08:04] {magoo} i should?
[08:05] {Threei} shouldn't matter for NASDAQ stocks... but heck, why take a chance
[08:05] {Threei} it can't hurt
[08:05] {magoo} in default method, u check "follow lev 2"?
[08:05] {Threei} it simply means that any route you use hits everything else, not just this particular route
[08:06] {magoo} u check that?
[08:06] {Threei} no, it's uncheked in mine... not sure what it does
[08:06] {Threei} ask this guy who just popped in
[08:06] * magoo slaps LaserDave1 around a bit with a large trout
[08:06] * Threei slaps LaserDave1 around a bit with a large trout
[08:06] {LaserDave1} hi guys
[08:07] {magoo} dave, scroll up a few to my vad /
[08:08] {LaserDave1} what is the actualy question
[08:09] {LaserDave1} in a fast moving stock what is the best way to get in?
[08:09] {dino} if a tree falls in the woods
[08:09] {magoo} [11:06] {magoo} in default method, u check "follow lev 2"?
[08:09] {LaserDave1} lol
[08:09] {magoo} in default /
[08:10] {Threei} CTDC trying again
[08:11] {LaserDave1} i dont have that checked
[08:11] {LaserDave1} if you want best levels it is good to have route out inet checked
[08:11] {magoo} ok, in naz box what u got? i have INET
[08:11] {bruce} volumes been dropping
[08:12] {LaserDave1} buy on INET (inside quote) is an awesome key to use
[08:12] {LaserDave1} best key if u ask me
[08:12] {LaserDave1} can trade so fast with it
[08:12] {LaserDave1} if you hit that key it will try to buy
[08:13] {LaserDave1} your default amount of shares at current offer price
[08:13] {Threei} but... will it bring you beer?
[08:13] {LaserDave1} if you are not filled it will tehn cancel
[08:13] {magoo} it will vad
[08:13] {Threei} cool
[08:13] {LaserDave1} all u do is hit it again if you like the next level price
[08:13] {LaserDave1} it is not a market order
[08:13] {LaserDave1} so it wont just fill
[08:13] {LaserDave1} say you want 2000 shares of a fairly thin stock
[08:14] {magoo} LULU read hrere vad?
[08:14] {LaserDave1} it wont just keep clearing levels
[08:14] {LaserDave1} but it is a one touch key
[08:14] {LaserDave1} mine is F4
[08:14] {LaserDave1} so i just hit it
[08:14] {LaserDave1} if i want a zillion shares of a tight stock
[08:14] {LaserDave1} i just tap it a few times
[08:14] {LaserDave1} so fast
[08:14] {magoo} 11:15] {LaserDave1} so i just hit it
[08:14] * magoo slaps LaserDave1 around a bit with a large trout
[08:14] {Threei} none here magoo
[08:15] {LaserDave1} the fish again
[08:15] {LaserDave1} then there is the opposite key
[08:15] {magoo} u have nonme...here
[08:15] * magoo slaps Threei around a bit with a large trout
[08:15] {dino} drys l .00
[08:15] {markweb} PCAR Vad?
[08:15] {LaserDave1} sell on INET (inside quote)
[08:15] {LaserDave1} does the opposite
[08:15] {LaserDave1} also real qucik to note
[08:16] {dino} stld
[08:16] {LaserDave1} if you are long a stock and want out
[08:16] {LaserDave1} u can hit that key as well
[08:16] {LaserDave1} and it will try to sell all your shares at current inside price
[08:16] {LaserDave1} one touch key
[08:16] {Threei} nothing exciting about it mark
[08:16] {magoo} STLD
[08:16] {magoo} NEWS
[08:16] {markweb} ty
[08:17] {Threei} HEARING STRENGTH BEING ATTRIBUTED TO COMMENTS CONCERNING HIGHER EARNINGS EXPECTATIONS NEXT YEAR
[08:17] {Threei} STLD mags
[08:17] {magoo} TY
[08:19] {dino} waiting at 48.45
[08:19] {magoo} ill go long here and sell um mine lol
[08:19] {bruce} is buy on inet like smart buy dave?
[08:20] {LaserDave1} it will clear out levels if u have rooute oout checked
[08:26] {magoo} vad, u got any READ on STLD?
[08:26] {magoo} easy one for u
[08:26] {dino} stld cx order
[08:26] {Threei} lol
[08:27] {magoo} how about EBAY? reports tonite
[08:29] {Threei} not my cap of tea, pre-earnings plays
[08:29] {ramvfin2003} NUE play?
[08:30] {magoo} ok
[08:30] {Threei} .16 long if holding above 57
[08:30] {magoo} NUE
[08:32] {ramvfin2003} l NUE .17
[08:32] {dino} out drys .30, +.30 too wicked
[08:32] {magoo} go change your diaper dino...office stinx
[08:33] {dino} ctrp
[08:33] {dino} lol
[08:33] {ramvfin2003} target on NUE vad?
[08:33] {magoo} took NUE
[08:33] {magoo} waiting .48
[08:33] {Threei} not sure ram
[08:34] {ramvfin2003} 57 stop right
[08:34] {Threei} just under
[08:34] {ramvfin2003} k
[08:35] {Threei} SQNM again... this stock tortures me
[08:37] {Threei} IMMR??
[08:38] {magoo} man..sh@t just poppin everywhere
[08:38] {dino} sorry 'bout that
[08:38] {Threei} rofl
[08:38] {dino} :)
[08:39] {Threei} 1:1 NUE
[08:40] {magoo} bruce,...lay out somewhere
[08:40] {magoo} don't care where, i at .48
[08:40] {magoo} .44 better bruce
[08:40] {magoo} i there .44
[08:41] {dino} go .43 bruce
[08:41] * magoo slaps dino around a bit with a large trout
[08:41] {magoo} thats reserved for vad and i dino...undercutting each other
[08:41] {bruce} I didn't take nue
[08:41] {bruce} gun shy
[08:41] {bruce} volume didn't look compelling
[08:41] {magoo} oh..sorry..it was your call
[08:41] {Threei} IMMR STRENGTH ATTRIBUTED TO APPLE'S EARLIER ANNOUNCEMENT THAT IT WILL LAUNCH AN IPHONE/ITOUCH DEVELOPER KIT IN FEB.
[08:42] {magoo} i took it
[08:42] {magoo} OUT
[08:42] {ramvfin2003} out .46 NUE
[08:42] {bruce} rams call I think
[08:42] {bruce} worked nice
[08:42] {bruce} congrats gusy
[08:42] {magoo} oh..NICE ram
[08:42] {dino} scor s hl .35
[08:44] {ramvfin2003} l HLIT .03
[08:44] {Threei} SQNM, I sincerely hate you
[08:45] {Chaeron} SQNM scrtches Threei off Christmas card list
[08:45] {ramvfin2003} vad stop on HLIT?
[08:45] {Threei} .89
[08:45] {Threei} ram... something isn't right with your orders... such thick stock as HLIT, there is no reason to yield 3 cents
[08:46] {ramvfin2003} that was my bad, i caught it late
[08:46] {magoo} SQ avail short vad...lets get it lol
[08:46] {magoo} revenge short
[08:50] {Roman} GOAM
[08:50] {Roman} is going to play
[08:51] {magoo} u promise?
[08:52] {Roman} almost
[08:52] {magoo} where u in?
[08:54] {magoo} vad dcc if u here
[08:55] {ramvfin2003} RVBD long?
[08:55] {Roman} i am in swing GOAM
[08:58] {dino} s ctrp .70 hl, darn partial
[08:58] {dino} ok
[08:58] {ramvfin2003} missed RVBD
[08:59] {Chaeron} nice GOAM
[08:59] {dino} rvbd
[09:04] {Threei} NINE?
[09:04] {ramvfin2003} NVDA play?
[09:05] {Threei} no read on NVDA
[09:11] {ramvfin2003} out hlit
[09:11] {bruce} csx approaching hod
[09:12] {bruce} worth trying long?
[09:12] {magoo} sh STLD loss 48
[09:12] {magoo} half lot if triggs
[09:13] {Threei} no feel for CSX at all
[09:13] {bruce} k - no feel no play
[09:13] {magoo} sound like my wife last nite bruce
[09:14] {bruce} lol
[09:14] {magoo} in STLD
[09:15] {bruce} what is stld stop?
[09:17] {magoo} needs mkt help
[09:19] {bruce} s stld 48.02
[09:20] {bruce} is .25 stop enough?
[09:20] {magoo} .21 bruce
[09:20] {magoo} stop
[09:20] {bruce} k
[09:21] {magoo} half right?
[09:21] {bruce} yup
[09:21] {bruce} small
[09:21] {ramvfin2003} u guys r short stld?
[09:21] {magoo} yes, butit triggerd than went up
[09:21] {magoo} so careful
[09:21] {ramvfin2003} k
[09:21] {magoo} i saw .88 prints
[09:22] {magoo} thought we had it
[09:22] {bruce} need bette than .88 to justify trade
[09:22] {bruce} yeah
[09:22] {bruce} loked like it would tank
[09:23] {magoo} yep...looked like we were gonna get a point
[09:23] {ramvfin2003} yhoo play?
[09:24] {Threei} I'd look for short on bounce YHOO
[09:24] {ramvfin2003} keep us posted big boss man
[09:24] {ramvfin2003} lol
[09:26] {magoo} then why don't u boss he he?
[09:26] {magoo} naz helping us bruce
[09:27] {bruce} yup
[09:27] {bruce} so far so good
[09:27] {magoo} don't jinx us
[09:27] {bruce} exit target?
[09:27] {magoo} .56
[09:27] {ramvfin2003} YHOO short here..finger on the trigger
[09:28] {Threei} roman, what are you looking for in GOAM?
[09:28] {Threei} looks interesting
[09:28] {Roman} i am in swing looking for $10
[09:28] {bruce} out .15
[09:29] {bruce} thanx mags
[09:29] {Roman} today hard to say with NQ, looks like we are going to cluse red
[09:29] {Threei} good one guys
[09:29] {dino} wtg bruce
[09:29] {ramvfin2003} gj guys
[09:29] {bruce} + .87
[09:29] {magoo} out .39 u beat me NICE
[09:29] {bruce} lucky
[09:29] {magoo} welcome bruce
[09:31] {magoo} + 63, but i had 700 sh lol
[09:32] {bruce} 200 here
[09:32] {bruce} still very nice
[09:32] {magoo} xcellently played is tthe point...vad should agree
[09:33] {dino} cov ctrp .05, +.65
[09:34] {dino} who is this vad you speak of
[09:35] {bruce} great read magoo- still looked to me like it could go north or south
[09:35] {ramvfin2003} vad quite today...under the weather?
[09:35] {dino} cov scor .80, +.55
[09:36] {bruce} how did you pick short as higher probablitiy?
[09:36] {Threei} just don't feel like working ram {G}
[09:37] {dino} slacker
[09:37] {ramvfin2003} lol
[09:38] {magoo} bruce, i was watching the lev 2,...interest is dying ...up huge...needs to breathe..hence down
[09:38] {magoo} feels lower..not in
[09:39] {bruce} k
[09:39] {dino} coin flip bruce, imo, just keep your stop
[09:40] {dino} imo of course
[09:40] {magoo} oh yeah..flip a coin right now dino...ill tell u whats coming
[09:40] {bruce} I do dino - just pick wrong too often
[09:41] {dino} need a new coin, come to the dark side bruce
[09:41] {bruce} lol
[09:41] {bruce} I like shoprting
[09:41] {magoo} dark side better..lower electric bill
[09:41] {bruce} they work faster
[09:41] {magoo} dino makes us trade with no l,ights on in office
[09:42] {magoo} eyes adjust
[09:42] {bruce} evil glare from screen radiation
[09:42] {dino} you're lucky i let you use the air conditioner little man
[09:43] {dino} over daily, taken a 15 min break
[09:43] {bruce} the complimetns are flying n ow
[09:43] {dino} you can see we were raised on positive reinforcement
[09:44] {ramvfin2003} tempted to go short on STLD here
[09:46] {dino} wants 48.40ish imo
[09:47] {magoo} NO RAM
[09:47] {magoo} could bounce
[09:47] {ramvfin2003} k
[09:51] {ramvfin2003} anyone long STLD?
[09:52] {Threei} YHOO around resistance
[09:53] {Threei} if NQ reverses to downside again, this should be nice spot to look for short entry
[09:55] {bruce} short yhoo here w stop to .62?
[09:55] {Threei} yup
[09:56] {magoo} sh in
[09:58] {magoo} ram..see why no long up there ?
[09:58] {bruce} s yahoo .53
[10:00] {ramvfin2003} yes
[10:05] {magoo} yhoo held that naz sell too well vad
[10:05] {magoo} out + .02
[10:06] {Threei} that was the case earlier too, that's why I wanted bounce rather than breakdown
[10:06] {magoo} well..now look
[10:06] {dino} collapse coming
[10:06] {bruce} out .40
[10:06] {dino} mkt that is
[10:10] {ramvfin2003} NVDA short?
[10:12] {Threei} nah
[10:12] {ramvfin2003} k
[10:12] {magoo} are we down 165?
[10:12] {Threei} Dow, yes
[10:12] {Threei} COMPX is still green
[10:13] {dptl} dow-80.23
[10:14] {ramvfin2003} STLD long?
[10:14] {Threei} why?
[10:15] {ramvfin2003} seems to bouce off of 47.50-.55 few times just my opinion
[10:15] {Threei} but it's 30 cents from there
[10:16] {ramvfin2003} not when i asked
[10:17] {Threei} well... if it moves that much within 1 min, how timely my answer can be? :)
[10:18] {ramvfin2003} lol..ask my new wife how much i can accomplish in a min.....lol
[10:18] {Threei} I better not :)
[10:18] {ramvfin2003} ha
[10:19] {magoo} sounds like what romans wife says he he
[10:22] {dino} lol
[10:23] {magoo} dam..i was watching wrong stock he he
[10:25] {magoo} dino does that all the time...thats why he always responds to compliments " just lucky"...damm right...pulls trigg on wrong stock and it worx lol
[10:25] {bruce} 2 to 1 for you in yhoo vad
[10:26] {Threei} yup
[10:27] {bruce} really tookm its time following market
[10:27] {dino} down we go
[10:29] {dino} sqnm hl s .38, stop .66
[10:29] {dino} vdsi fall
[10:29] {Threei} my disliking of the gap in the morning was justified
[10:30] {magoo} u can say that again
[10:32] {magoo} ill do it for u
[10:32] {magoo} 13:31] {Threei} my disliking of the gap in the morning was justified
[10:32] {magoo} [13:31] {magoo} u can s
[10:34] {Threei} ty
[10:36] {bruce} qs and dow trying to bounce
[10:36] {bruce} pretty pathetic so far though
[10:38] {ramvfin2003} missed yhoo short, should i short this bounce?
[10:39] {Threei} not before .50...
[10:39] {ramvfin2003} k
[10:39] {Threei} GEOI
[10:40] {Threei} something's going on
[10:42] {dino} hl l vdsi .20
[10:43] {dino} sqnm bstop to .35
[10:43] {Threei} REMINDER: FED'S BEIGE BOOK DUE OUT AT 2PMET
[10:43] {Threei} - economy continues to expand; impact on ecomony is limited outside of housing
[10:43] {Threei} - Fed's sees little change in overall price pressures since July report
[10:43] {Threei} - Retail sales "generally positive"
[10:43] {Threei} - Most districts saw "modest" job gains vs similar views expressed in July
[10:43] {Threei} - Tighter credit "clouds housing outlook"; recent distress in the financial markets has "deepened" the housing slowdown
[10:46] {Threei} not for faint hearts... if this GEOI offer gets taken, likely to explode
[10:48] {ramvfin2003} ach long?
[10:49] {Threei} closer to 84 I'd think
[10:49] {ramvfin2003} k
[10:50] {dino} sqnm cov .28,, +.10
[10:52] {markweb} CTRP, dino?
[10:52] {dino} vdsi stopped -.36
[10:52] {dino} missed it mark
[10:52] {ramvfin2003} l ach 84.10
[10:52] {dino} at ,49
[10:53] {dino} .
[10:53] {markweb} me to
[10:54] {Threei} market continues downticking ram, why go long
[10:54] {magoo} end of world it seems
[10:57] {Threei} use this bounce to get out and consider it a gift
[10:57] {ramvfin2003} out
[10:57] {Threei} I am telling you... walking heart attack
[10:58] {Threei} don't buy price alone, watch for confirmation, for market help
[10:58] {Threei} price level is where you need to be ready
[10:58] {Threei} but it's not the sole reason for entry
[10:59] {dino} hl l drys .75 wide
[11:00] {Threei} FED'S BEIGE BOOK: GROWH DECELERATED IN SEP AND EARLY OCT
[11:00] {Threei} GIGA?
[11:00] {magoo} quotes down
[11:02] {ramvfin2003} out ACH 85.35
[11:03] {Threei} - home sales slowed with inventories higher
[11:03] {Threei} - weaker Dollar makes imports more expensive
[11:03] {Threei} - housing may remain subdued for several months
[11:03] {Threei} - consumer spending grew at a slower pace since Aug
[11:03] {Threei} - Firms see 'higher than usual' economic uncertainty
[11:03] {Threei} - Most Fed banks saw lower home sales, prices
[11:03] {Threei} - Competition holding retail prices in check, retail sales softening, outlook uncertain
[11:03] {Threei} - Labor Markets are tight, 'modest' wage pressures
[11:07] {Threei} GIGA frenzy
[11:12] {magoo} LULU on another planet
[11:13] {Threei} sheesh... with this name I wouldn't be in this universe even
[11:13] {Threei} you expect any kind of reality from stock called LULU?
[11:27] {dino} algt
[11:35] {ramvfin2003} giga play?
[11:36] {Threei} pure momo... can't tell
[11:40] {Threei} US TREASURY'S MCCORMICK: FINANCIAL CONDITIONS ARE STABILIZING IN SOME MARKETS
[11:40] {Threei} - Notes issues raised by recent turmoil are complex, cannot rush to judgement
[11:40] {Threei} - Says G7 to discuss implications of sovereign wealth funds for stability of world financial system
[11:40] {Threei} - Says US to stress importance of IMF role in surveillance of global exchange rates
[11:56] {ramvfin2003} YHOO long?
[11:57] {dino} ctrp holds well
[11:59] {Threei} I think so ram
[11:59] {Threei} .45 stop
[12:00] {dino} back in 15
[12:08] {Threei} COCO
[12:08] {Threei} DISCLOSES SEARCH WARRANT ISSUED AT FLORIDA CAMPUS - FILING
[12:08] {Threei} - Co. cooperating, yet not informed by action has been taken against it, or why similiar actions have been take against other institutions in the area
[12:09] {magoo} back
[12:09] {magoo} any setups vad??
[12:09] {Threei} LULU: what gravity? You have gravity in your world?
[12:10] {dino} lol dys gets me out at 119.35, +.60, while out
[12:10] {Threei} that's disgusting
[12:10] {Threei} dino makes money not even being here
[12:10] {dino} lucky
[12:11] {dino} ctrp spike coming, imo
[12:11] {Threei} I am intrigued by GEOI still magoo
[12:11] {magoo} used to be a real player remember
[12:11] {magoo} with able
[12:11] {Threei} right
[12:11] {Threei} ABLE is no more
[12:12] {magoo} yep
[12:13] {Threei} anyone thinking of a joke along the line unABLE etc, it's too obvious
[12:13] {Threei} it's my prerogative to make such lame jokes
[12:13] {dino} hmmmmmmmmmmmmmm
[12:14] {Threei} YHOO's working
[12:15] {magoo} where was yhoo entry?
[12:15] {Threei} 10-11 cents ago
[12:23] {Threei} FORMER FED CHMN GREENSPAN: NO IMMINENT DANGER IN WEAKENING DOLLAR - INTERVIEW IN CZECH NEWSPAPER
[12:23] {Threei} - Odds of US recession are around 50% at most-reiterating comments
[12:23] {Threei} - Says crises like the credit crunch this year are impossible to eliminate and may become more frequent
[12:23] {Threei} - Says cannot see the end of US economy woes, depends on property market recovery
[12:23] {Threei} I am crying
[12:24] {bruce} nows thge time to buy REal estate vad
[12:24] {Threei} in USA? :)
[12:24] {bruce} 2 years ago it was hyped in all the media to buy
[12:25] {bruce} yuppers
[12:25] {bruce} buy when gloom and doom
[12:27] {dino} buy when the blood flows
[12:32] {dino} missed ctrp 3 x
[12:36] {Threei} GOAM is picking up interest again
[12:38] {magoo} ebay tonight
[12:39] {Threei} funny thing about today is, it still hasn't allowed to judge the further direction
[12:39] {dino} risky, hl s stld .01
[12:40] {Threei} while critical support level at 2150 remains untagged still, move into resistance happened in a wy that made all but imposible to get follow through
[12:40] {Threei} and retreat while expected, wasn't as deep as to indicate failure
[12:40] {Threei} so, uncertainty continues
[12:43] {dino} bstop is .27 stld
[12:44] {dino} stopped -.26
[12:45] {dino} usat
[12:49] {dino} hl s .18, stop .46
[12:55] {Threei} I remain 52% bullish as of the end of today
[12:55] {Threei} no... 51.85%
[12:56] {dino} coin toss 'eh
[12:56] {bruce} I remain confused, as usual
[12:57] {Threei} NQ finishes almost at the high
[12:57] {dino} maybe you're overthinking it. i drive magoo crazy coming in late and having no clue
[12:57] {Threei} so I have to give this 1.85% preference to bullish side
[12:57] {bruce} nice call in yahoo long vad
[12:58] {bruce} I thought it wuld drop further todaqy
[12:58] {dino} cov usat .01, +.17
[12:58] {Threei} you took it ram?
[12:59] {dino} good day all thanks for ideas
[12:59] {Threei} thank you all
[12:59] {Threei} have a good evening, see you tomorrow for more confusion
[12:59] {ramvfin2003} good night all
[12:59] {Threei} both GOAM and GEOI on watch
[13:00] {bruce} geoi looks awful thin
[13:01] {Threei} always was this way
[13:01] {Threei} it's a small oil stock
[13:01] {Threei} horribly volatile
[13:01] {Threei} totally explosive when catches momentum
[13:01] {bruce} 37k volume for day
[13:02] {Threei} and this is not the worst day for it :)
[13:02] {bruce} could move big either way
[13:02] {Threei} sooo... what about EBAY
[13:03] {bruce} nice closing volume in ebay
[13:03] {bruce} thanx all
[13:03] {Threei} MOGN REPORTS Q3 $0.13 V $0.12E, R$112.5 V $108.5ME
[13:03] {bruce} se you in am
[13:04] {Threei} ARNA REPORTS Q3 $0. V -$0.71E, R$5M V $6.4ME
[13:05] {dino} qcom
[13:05] {Threei} anyone sticks around to wait for ebay?
[13:05] {dptl} me
[13:05] {dino} new trial maybe
[13:05] {dino} gotta hop, take care all
[13:05] {Threei} CTXS REPORTS Q3 $0.41 V $0.38E, R$ V $340ME- Guides Q4 R$ v $373Me{FFIV}
[13:05] {bruce} you going to trade it post market vad?
[13:06] {Threei} if it's tradeable
[13:06] {bruce} k
[13:06] {bruce} I'm game
[13:06] {bruce} said the rabbit
[13:06] {Threei} lol
[13:07] {magoo} i guress it pops up
[13:07] {magoo} last nite i hit yhoo for 2 bux, but only 400 shares
[13:07] {magoo} in 27.44 out 29.2ish
[13:08] {Threei} nice
[13:08] {Threei} hmmm... CTXS
[13:08] {bruce} yes
[13:08] {Threei} report didn't look bad
[13:08] {Threei} strange dump, then big recovery
[13:11] {magoo} ty vad for today, i had a triple goal day
[13:11] {Threei} wow, nice
[13:11] {magoo} took hit yesterday, but made up tofday
[13:12] {magoo} why jade moving
[13:13] {Threei} auditor resigns, accounting issues, you name it
[13:13] {Threei} POS
Session Time: Wed Oct 17 00:00:00 2007
[05:09] {bruce} gm everyone
[05:27] {Threei} morning guys
[05:28] {hawkfan4} good morning
[05:28] {Threei} hawk :)
[05:29] {Threei} impressive NASDAQ gap...
[05:29] {Threei} not really what I'd like to see for a sustainable rally continuation
[05:30] {Threei} *SEPT HOUSING STARTS: 1.19M V 1.280ME; BUILDING PERMITS: 1.22M V 1.285ME
[05:31] {Threei} *SEPT CONSUMER PRICE INDEX M/M: 0.3% V 0.2%E; CPI EX FOOD_ENERGY" 0.2% V 0.2%E; CPI NSA: 208.490 V 208.405E
[05:31] {bruce} you think exhastion gap?
[05:31] {Threei} quite possible
[05:31] {Threei} if we climbed slowly into highs I'd be more enthusiastic
[05:32] {Threei} big gap on particular events after that big red day is more like "yay, chance to sell"
[05:32] {bruce} k
[05:32] {bruce} still lots of talkj about a possible correction coming
[05:33] {Threei} EBAY CONFIRMS MYSPACE AND SKYPE ANNOUNCE PARTNERSHIP BRINGING FREE INTERNET VOICE COMMUNICATIONS TO MYSPACE GLOBAL COMMUNITY
[05:33] {cosmo} gap is INTC sympathy
[05:33] {cosmo} i think
[05:34] {Threei} CNTF
[05:34] {Threei} CHINESE GOVERNMENT AWARDS TECHFAITH POCKET PC PHONE CONTRACT
[05:34] {Threei} - This is TechFaith's first contract from a customer that is not in the telecommunication sector. The Company expects to benefit from strong demand in the broader, non-telecommunication market going forward
[05:35] {cosmo} CNTF all time high = 10 fwiw
[05:36] {Threei} bruce... maybe there is a need to review a day like yesteday, comparing my calls to your trades... there is some obvious disconnect, hate to see losing day on your side when most of calls worked nicely on mine
[05:36] {cosmo} CNTF high = 9.32 last nite
[05:37] {Threei} this is yesterday's news?
[05:37] {Threei} yet it traded under 7 this morning... wierd
[05:37] {cosmo} after mkt
[05:37] {bruce} lost on cfc and immu reversal
[05:39] {bruce} lost on gm reversal
[05:39] {bruce} anyway - water under bridge now
[05:40] {Threei} true but there is a lesson in most losses
[05:40] {Threei} not all, some of them are just a tribute to market's natural uncertainty
[05:40] {cosmo} better its water than milk?
[05:41] {Threei} I haven't even looked at GM yesterday, I remember I wasn't excited by CFC, mediocre setup, and was looking for pullback on IMMU that never came to my preferrable level
[05:43] {bruce} how do you set preference levels?
[05:43] {Threei} just from chart configuration
[05:43] {Threei} let me find it
[05:44] {Threei} [13:49] {Threei} I would prefer pullback on IMUU bruce
[05:44] {Threei} [13:49] {Threei} IMMU
[05:44] {Threei} [13:49] {Threei} 3.20 is support
[05:44] {Threei} that was the strong resistance a while before this exchange, got broken with nice advance, then stalled,
[05:44] {bruce} you use 5 min chart for preference levels?
[05:44] {Threei} and there was no real frenzy that would allow to dismiss all technicals,
[05:45] {Threei} so I wanted pullback into new support, former resistance
[05:45] {Threei} if I remember correct it never reached 3.29, just finished somewhere above it
[05:45] {Threei} 3.20
[05:45] {Threei} I use 1 min... but that's not very important
[05:46] {bruce} k
[05:49] {cosmo} EXAS: FDA and Regulatory Update Conference Call; Discussion of Warning Letter from the FDA scheduled for 8:30 am ET today
[05:49] {cosmo} CCBN (Wed 8:30am)
[05:49] {cosmo} that's now
[05:49] {bruce} there was a big reversal play yesterday - amln or something like that
[05:50] {bruce} how do you figure appox area reversal will happen?
[05:52] {Threei} there are no rules to violent selloff bottom search
[05:52] {Threei} they can go much farther than seems reasonable
[05:53] {Threei} that's why pure guess-based bottom hunting is a very dangerous game
[05:54] {Threei} I mean, stock is donw 1 dollar in one gasp, is it a bottom?
[05:54] {Threei} what about 2?
[05:54] {Threei} 3?
[05:54] {Threei} what is there to tell you this is the end of selling?
[05:54] {bruce} I can't read those plays
[05:54] {Threei} noone can
[05:54] {cosmo} unless you're psychic
[05:54] {Threei} this is not how correct bottom hunting is done
[05:54] {bruce} by the time reversal is confirmed its usually too far to enter
[05:55] {Threei} if it forms readable setup with affordable risk at the end of selling, it's a reasonable play
[05:56] {Threei} if it just jumps big off the bottom, shrug and move on
[05:56] {Threei} observe how dino plays those,
[05:56] {Threei} he has two approaches to it
[05:56] {bruce} watched yesterday
[05:56] {bruce} he took at .40
[05:56] {Threei} one is to try and bid way way out there
[05:56] {bruce} it was still tanking
[05:56] {bruce} it went down another 40 c but recoverred from there
[05:57] {Threei} which puts his possible entry into "insane" zone
[05:57] {Threei} high chance to miss the entry which happens often,
[05:57] {Threei} and if get it, much better chance for it to be right one,
[05:57] {Threei} which happens to him quite often too.
[05:57] {Threei} It's still including big element of guessing but he minimizes it as much as possible,
[05:58] {Threei} and minimizes risk
[05:58] {esemde} morning all.....
[05:58] {Threei} this is very good understanding of how capitulation plays work on his part
[05:58] {Threei} ese :)
[05:58] {bruce} looked to me like a guess cause reversal hadn't started yet
[05:58] {Threei} another way he often utilizes is,
[05:58] {bruce} would have to set a big stop
[05:58] {Threei} let the stock bottom out, bounce, stall or retreat,
[05:58] {Threei} then look for a recognizable setup
[05:58] {bruce} say 75c or so to let it play out
[05:59] {bruce} and hope for better han 1
[05:59] {bruce} $1. win
[05:59] {Threei} as it forms double bottom, or consolidation to break
[05:59] {bruce} that was my thought
[05:59] {Threei} but don't forget, what dino does with this kind of plays is not for everyone, this is high eskill/experience/feel level
[05:59] {bruce} wait for readable bottom
[06:00] {bruce} agreed
[06:00] {bruce} not usre I havbe stomach for those plays
[06:01] {Threei} and with his tremendous experience and good read for them, he still keeps his p;osition size small on those
[06:01] {Threei} just because of their built-in risk
[06:01] {cosmo} INTC pre mkt high = 27 fyi
[06:01] {bruce} have seen some multi dollar drops in minutes
[06:01] {bruce} could wipe out an account if you pick wrong and can\t get out
[06:02] {markweb} gm all
[06:02] {Threei} mark :)
[06:02] {markweb} :)
[06:02] {bruce} big move for intc
[06:02] {bruce} hi mark
[06:02] {Threei} that's what I observed happening multiple times bruce
[06:02] {Threei} that's why I don't usually recommend this kind of plays
[06:03] {cosmo} cntf
[06:03] {Threei} they are for someone who ate his portion of what market can dish out... and neighbour's portion too
[06:04] {bruce} k
[06:04] {Threei} for some reason reversal plays on big moves are sooo attractive...
[06:04] {Threei} people just can't stand them go by
[06:04] {bruce} can see why
[06:04] {bruce} lots of money in seconds
[06:05] {esemde} good morning all
[06:05] {bruce} hi ese
[06:05] {Threei} well... how about inevitable equation... :)
[06:05] {Threei} de ja vu
[06:05] {Threei} [08:58] {esemde} morning all.....
[06:05] {Threei} [08:58] {Threei} this is very good understanding of how capitulation plays work on his part
[06:05] {Threei} [08:58] {Threei} ese :)
[06:05] {Threei} ;)
[06:06] {bruce} how do you judge frenzy - time and sales window?
[06:06] {Threei} mostly, yes, with level 2
[06:07] {bruce} a lot of plays over last couple weeks had very thin level 2
[06:07] {bruce} thought maybe you don't pay much attnetion to it anymore
[06:07] {Threei} that's because og China mania
[06:07] {Threei} a lot of those are thin
[06:07] {Threei} but that's where the center of activity was
[06:07] {bruce} the plays with thick level 2 often dont move far - just enough to get you to enter - then reverse to stop
[06:08] {Threei} didn't we play at least two of those yesterday with quite nice result?
[06:08] {Threei} NVDA and BRCM
[06:09] {cosmo} INTC tests
[06:09] {Threei} level 2 reflects liqyidity
[06:09] {Threei} thin level 2 - very liquid stock, moves easily
[06:09] {Threei} bigger risk
[06:09] {Threei} thick level 2, big liquidity, harder to move
[06:10] {bruce} brcm yesterday- moved fast despite level 2
[06:10] {Threei} because had momentum
[06:10] {bruce} you read it right - ignoring initial break and waiting for pullback
[06:10] {bruce} break play would have been loss
[06:11] {Threei} CMTF at 9 again
[06:13] {Threei} CNTF sorry
[06:15] {dptl} good morning all
[06:16] {Threei} dp :)
[06:17] {dino} gm all
[06:17] {Threei} dino :)
[06:17] {Threei} dino, we didn't talk about you and your trades while you were away, no sir
[06:18] {tomg} gm everyone
[06:18] {Threei} tom :)
[06:18] {bruce} hi dino
[06:18] {bruce} bidu recovered nicely for you
[06:19] {bruce} hi tom
[06:20] {dino} i see above much too much credit given
[06:20] {Threei} feel free to wire it to whoever you deem necessary
[06:21] {Threei} (hint: magoo would be a good choice, he brings you beer)
[06:21] {bruce} gld possible long breakout setup?
[06:21] {dino} lol
[06:22] {Threei} it's above yesterday's resiatnce
[06:22] {Threei} at rthis point, breakout of what?
[06:22] {Threei} yesterday's resistance already broken, new one is not formed yet
[06:23] {magoo} morni ng
[06:23] {Threei} magoo :)
[06:24] {bruce} should have said breakout continuation
[06:24] {bruce} hi magoo
[06:25] {magoo} u nailed dino to the tee vad in description
[06:25] {magoo} exactly
[06:25] {Threei} I am very observant
[06:25] {Threei} when I don't sleep
[06:26] {magoo} really? oh oh...i nin big trouble then
[06:26] {dino} bidu +15
[06:27] {Threei} yup... I can tell a lot about one's trading habits if one posts his entries and exits
[06:27] {Threei} so be afrrraid, be verry afraid
[06:27] {bruce} 45 poits to go dino
[06:29] {dino} :); vad has me looking over my shoulder
[06:30] {Threei} never mind that blinking red light behind the curtain dino
[06:30] {bruce} just keep finger on button dino
[06:30] {magoo} i gonna pouke
[06:31] {magoo} u guys sucking up to my nemisis
[06:31] {bruce} you trade dino and vad will have your heart attack for you
[06:31] {Threei} rofl
[06:32] {Threei} I am distrustful of this gap... want to sit out first 10 minutes
[06:32] {bruce} k- was wondering about nok long
[06:32] {Threei} or however long I can sleep while pretending to work hard
[06:33] {ramvfin2003} CNTF any thoughts vad?
[06:33] {magoo} look yhoo sell
[06:33] {Threei} CNTF goes through morning hectic readjustment for now
[06:33] {Threei} can do anything at this point, let's see if it forms something when it calms down a little
[06:35] {Threei} I don't know bruce... NOK is just not interesting
[06:35] {ramvfin2003} CHL?
[06:35] {Threei} YHOO gets interesting
[06:36] {Threei} one more pullback, and if holding above .60, .75 becomes long trigger
[06:37] {magoo} was there new news?i know reported last nite
[06:38] {dino} wbmd?
[06:38] {ramvfin2003} in YHOO .75
[06:38] {dino} strn
[06:38] {Threei} lower guidance yesterday WBMD
[06:39] {magoo} is yhoo personna like nvda or brcm vad?
[06:40] {magoo} as in moves w/naz
[06:40] {bruce} you're lokking for double bottomw with higher low in yahoo?
[06:40] {Threei} often yes, magoo
[06:40] {magoo} so we need to see the qqq bounce
[06:40] {Threei} yes bruce
[06:40] {Threei} NQ is not holding so far
[06:40] {bruce} k - got you
[06:41] {bruce} ther it is - now . needs to hold
[06:41] {bruce} .6
[06:41] {magoo} bruce, qwe need qqqq to reverse
[06:42] {bruce} k- thanks mags
[06:42] {magoo} put up a qqqq minute chart to follow
[06:42] {magoo} i alkways have it up as indicator
[06:43] {bruce} I have it up
[06:43] {Roman} what's the price of Crude?
[06:44] {Threei} $35
[06:44] {Roman} ESLR Evergreen Solar spikes 30 cents in first 10 min of trade as Royal Dutch Shell-for-ESLR makes the rounds (9.44 +0.33)
[06:44] {Threei} wait... I forgot to get out of my time machine
[06:44] {Roman} :)
[06:44] {Threei} or day-dream machine
[06:44] {bruce} yhoo valid now
[06:44] {bruce} ?
[06:45] {Threei} it is
[06:45] {Threei} it's still in NQ's hands but it shows the resilience
[06:45] {cosmo} exas
[06:46] {dino} wbmd capit setting in imo
[06:46] {cosmo} 4.12 hod
[06:46] {dino} l hl .65 wide
[06:47] {markweb} NO:)
[06:47] {dino} lol
[06:47] {Threei} GOLDMAN'S ABBY COHEN: STOCKS WILL LIKELY CONTINUE TO RISE AS LONG AS US RECESSION IS AVOIDED - CNBC
[06:48] {Threei} stopped YHOO
[06:48] {markweb} out of diapers with your strategy:)
[06:48] {ramvfin2003} out YHOO -.15
[06:49] {Roman} long DSTI
[06:50] {Roman} slow all day hold
[06:50] {dino} that abbery is one bright chick, i suppose recession they go down
[06:50] {magoo} yhoo bounce coming..niot in yet
[06:50] {Threei} wisdom sharing continues dino
[06:51] {dino} cracking me up lately
[06:51] {dino} and i go out and people talk about these comments, sheesh
[06:54] {Threei} that's why I don't go out
[06:55] {dino} no comment, :)
[06:55] {magoo} i thought it was because every local pub has banned u
[06:55] {bruce} sure you do - crabsre afraid of you
[06:55] {Threei} nothing is secret these days...
[06:56] {magoo} bounce time yhoo
[06:56] {magoo} in .56
[06:56] {Threei} BHIP?
[06:56] {dino} hl l eric .85, stop .48
[06:56] {Threei} SCON 8.20 break long
[06:57] {dino} pwrd, hway
[06:59] {Threei} 8.09 stop
[06:59] {ramvfin2003} l SCON .22
[07:00] {dino} wbmd not working, stopping out
[07:01] {dino} -.55
[07:04] {Threei} CPSL?
[07:05] {ramvfin2003} UTX long?
[07:05] {Roman} CNTF
[07:05] {Roman} long off 8
[07:06] {magoo} in cpsl; .77 out .09 TY VAD too quick ytoo post
[07:06] {Threei} welcome but what heck with it?
[07:06] {magoo} huh?
[07:07] {Threei} why did it jump all of a sudden? :)
[07:07] {magoo} its personnality
[07:07] {dino} china play
[07:07] {magoo} yhoo is 1:!
[07:08] {Threei} sheesh... CNBC hyped it... you guys with your explanations :)
[07:09] {markweb} missed LULU
[07:09] {magoo} lulu..yeah..we need to keep on screen
[07:10] {magoo} 51 high yester
[07:10] {markweb} big one 200"
[07:10] {magoo} out YHOO .77 here, + 21
[07:10] {magoo} full boat
[07:10] {Threei} good one mags
[07:11] {Threei} CPSL guys
[07:11] {magoo} ty
[07:11] {markweb} cpsl
[07:11] {Threei} watch it, could be sustainable this time
[07:11] {Threei} .21 trigger, risky momo play
[07:11] {cosmo} cpsl to the moon, maybe?
[07:11] {Threei} if it taskes resistance level at .35 - .45, not much to keep it from 12
[07:12] {magoo} LULU vad?
[07:12] {magoo} 65??
[07:12] {Threei} need pullback mags
[07:12] {magoo} [10:13] {magoo} 65??
[07:12] {Threei} today? resounding no
[07:13] {bruce} stop would be 10.90 cpsl?
[07:13] {Threei} if sets up from here, yes
[07:13] {bruce} k
[07:13] {Threei} invalidating level is .80
[07:14] {Threei} here comes LULU
[07:14] {Threei} into support 48.5
[07:14] {magoo} CPSL kinda goes then blows..as in we may get one more run...then done
[07:15] {cosmo} EXAS 4.54 hod ...so far ....if you like healers...
[07:16] {magoo} we missed nvda vad
[07:16] {magoo} nice pop
[07:17] {dino} scor
[07:17] {Threei} I watched it... couldn't get a read
[07:18] {Threei} big gap days are always tough
[07:19] {ramvfin2003} CPSL still l on .21?
[07:19] {Threei} yes, but you know how risky it is
[07:19] {Threei} if not, stay away
[07:19] {Threei} this is one of those... huge potential, huge risk
[07:19] {dino} nrmx
[07:20] {Threei} no news that I see
[07:21] {bruce} qs barely moved so far today
[07:21] {dino} l leap .50 hl
[07:24] {cosmo} EXAS tests .54
[07:26] {Threei} LULU starts forming C&H on 1 min
[07:26] {Threei} .90 long trigger if you haven't grabbed pullback
[07:26] {Threei} volatile, thin
[07:27] {Threei} ideally, if holding above .50
[07:27] {Threei} CPSL lost support
[07:30] {Threei} *DOE CRUDE: +1.78M V +1ME ; GASOLINE: +2.77M V +400KE ; DISTILLATES: -1M V -750KE ; UTILIZATION: V 87.5%E
[07:30] {Threei} Crude: +4.4M
[07:30] {Threei} Distillate: +1.93M
[07:30] {Threei} Gasoline:-3M
[07:31] {Threei} market likey
[07:32] {Threei} ENER?
[07:33] {Roman} out 1/2 CNTF
[07:33] {Threei} nice one
[07:34] {magoo} vad, thoughts "FEEL" LULU?
[07:35] {Threei} as far as it can be read... 51 shouldn't be too hard
[07:35] {bruce} ostk just popped
[07:35] {Threei} HLIT
[07:36] {Threei} you have 1:1 on LULU, why not take half off the table
[07:36] {Threei} ease the tension
[07:38] {Threei} market is still way too unstable
[07:39] {markweb} dino. stop on ERIC?
[07:40] {dino} scor hl s .05
[07:42] {magoo} LULU skerrin magoo...and thats saying alot
[07:44] {Roman} scalped SCOR , ty dino
[07:45] {Roman} SHOO
[07:45] {dino} cov scor .20, +.85
[07:45] {Roman} radar,
[07:45] {markweb} gj dino:)
[07:45] {dino} eric stopped -.37
[07:46] {dino} ty mark
[07:46] {dino} wbmd back to my entry
[07:46] {ramvfin2003} play on HLIT?
[07:47] {Threei} 12 break if holding abobe 11.90...
[07:47] {ramvfin2003} ty
[07:48] {dino} i warxt
[07:48] {dino} arxt
[07:48] {magoo} out LULU
[07:48] {Threei} CTDC?
[07:51] {magoo} in .56
[07:51] {magoo} out .92 NICE vad
[07:52] {Threei} wtg
[07:52] {magoo} your alert :)
[07:52] {Threei} your feel and guts... there was nothing but feeding frenzy
[07:52] {bruce} nice one mags
[07:52] {bruce} I didn't see an entry
[07:52] {magoo} my favorite really
[07:53] {magoo} did same on your first CPSL alert
[07:53] {Threei} that was pure momo bruce... gotta have a feel for it, nothing technical about such play
[07:53] {magoo} i "feel" the level 2 frenzy bruce..very fast ..hard to post
[07:54] {bruce} k
[07:54] {bruce} good skill to have
[07:54] {magoo} and u gotta immediately offer out to get hit..see now
[07:54] {Threei} observe this kind for a while when they come along
[07:54] {Threei} you will get it
[07:55] {Threei} HMIN... interesting
[07:56] {bruce} would imagine yoiu use market orders for those kinds of plays mags?
[07:56] {Threei} watch the explosion through .50 bruce
[07:56] {Threei} see?
[07:56] {dino} leap stop is .97 fwiw
[07:57] {bruce} yes -slowing down now though
[07:57] {dino} grrr stopped, not my nkt
[07:57] {dino} \market
[07:58] {Threei} NEWSLETTER REPORTS THIS MORNING THAT LDK'S INVENTORY INVESTIGATION MAY NOT BE COMPLETE, CITING EMAILS BETWEEN CO. AND ITS AUDITOR- LDK declined to comment
[07:59] {magoo} bruce no way always ALWAYS limit
[07:59] {magoo} LIMIT ORDER
[07:59] {magoo} i not leaving it to screw me
[08:00] {bruce} k- didn't think you could get in with limit with those fast moves
[08:01] {magoo} with LASER u can get ANYTHING...unbelievable
[08:01] {magoo} u use LASER?
[08:01] {bruce} yup
[08:01] {Threei} limit above current price bruce
[08:01] {bruce} k
[08:02] {bruce} I use smart in if its moving fast
[08:02] {bruce} takes out first isld level
[08:03] {magoo} use ISLD
[08:03] {magoo} or arca
[08:03] {magoo} which brojker?
[08:03] {dino} i use smart bruce, but don't play those types
[08:04] {Threei} bruce, make sure you have Route out boxes checked
[08:04] {bruce} I think I do
[08:04] {magoo} all of them vad?
[08:04] {Threei} yes
[08:04] {magoo} i don't have edga checked
[08:04] {magoo} i should?
[08:05] {Threei} shouldn't matter for NASDAQ stocks... but heck, why take a chance
[08:05] {Threei} it can't hurt
[08:05] {magoo} in default method, u check "follow lev 2"?
[08:05] {Threei} it simply means that any route you use hits everything else, not just this particular route
[08:06] {magoo} u check that?
[08:06] {Threei} no, it's uncheked in mine... not sure what it does
[08:06] {Threei} ask this guy who just popped in
[08:06] * magoo slaps LaserDave1 around a bit with a large trout
[08:06] * Threei slaps LaserDave1 around a bit with a large trout
[08:06] {LaserDave1} hi guys
[08:07] {magoo} dave, scroll up a few to my vad /
[08:08] {LaserDave1} what is the actualy question
[08:09] {LaserDave1} in a fast moving stock what is the best way to get in?
[08:09] {dino} if a tree falls in the woods
[08:09] {magoo} [11:06] {magoo} in default method, u check "follow lev 2"?
[08:09] {LaserDave1} lol
[08:09] {magoo} in default /
[08:10] {Threei} CTDC trying again
[08:11] {LaserDave1} i dont have that checked
[08:11] {LaserDave1} if you want best levels it is good to have route out inet checked
[08:11] {magoo} ok, in naz box what u got? i have INET
[08:11] {bruce} volumes been dropping
[08:12] {LaserDave1} buy on INET (inside quote) is an awesome key to use
[08:12] {LaserDave1} best key if u ask me
[08:12] {LaserDave1} can trade so fast with it
[08:12] {LaserDave1} if you hit that key it will try to buy
[08:13] {LaserDave1} your default amount of shares at current offer price
[08:13] {Threei} but... will it bring you beer?
[08:13] {LaserDave1} if you are not filled it will tehn cancel
[08:13] {magoo} it will vad
[08:13] {Threei} cool
[08:13] {LaserDave1} all u do is hit it again if you like the next level price
[08:13] {LaserDave1} it is not a market order
[08:13] {LaserDave1} so it wont just fill
[08:13] {LaserDave1} say you want 2000 shares of a fairly thin stock
[08:14] {magoo} LULU read hrere vad?
[08:14] {LaserDave1} it wont just keep clearing levels
[08:14] {LaserDave1} but it is a one touch key
[08:14] {LaserDave1} mine is F4
[08:14] {LaserDave1} so i just hit it
[08:14] {LaserDave1} if i want a zillion shares of a tight stock
[08:14] {LaserDave1} i just tap it a few times
[08:14] {LaserDave1} so fast
[08:14] {magoo} 11:15] {LaserDave1} so i just hit it
[08:14] * magoo slaps LaserDave1 around a bit with a large trout
[08:14] {Threei} none here magoo
[08:15] {LaserDave1} the fish again
[08:15] {LaserDave1} then there is the opposite key
[08:15] {magoo} u have nonme...here
[08:15] * magoo slaps Threei around a bit with a large trout
[08:15] {dino} drys l .00
[08:15] {markweb} PCAR Vad?
[08:15] {LaserDave1} sell on INET (inside quote)
[08:15] {LaserDave1} does the opposite
[08:15] {LaserDave1} also real qucik to note
[08:16] {dino} stld
[08:16] {LaserDave1} if you are long a stock and want out
[08:16] {LaserDave1} u can hit that key as well
[08:16] {LaserDave1} and it will try to sell all your shares at current inside price
[08:16] {LaserDave1} one touch key
[08:16] {Threei} nothing exciting about it mark
[08:16] {magoo} STLD
[08:16] {magoo} NEWS
[08:16] {markweb} ty
[08:17] {Threei} HEARING STRENGTH BEING ATTRIBUTED TO COMMENTS CONCERNING HIGHER EARNINGS EXPECTATIONS NEXT YEAR
[08:17] {Threei} STLD mags
[08:17] {magoo} TY
[08:19] {dino} waiting at 48.45
[08:19] {magoo} ill go long here and sell um mine lol
[08:19] {bruce} is buy on inet like smart buy dave?
[08:20] {LaserDave1} it will clear out levels if u have rooute oout checked
[08:26] {magoo} vad, u got any READ on STLD?
[08:26] {magoo} easy one for u
[08:26] {dino} stld cx order
[08:26] {Threei} lol
[08:27] {magoo} how about EBAY? reports tonite
[08:29] {Threei} not my cap of tea, pre-earnings plays
[08:29] {ramvfin2003} NUE play?
[08:30] {magoo} ok
[08:30] {Threei} .16 long if holding above 57
[08:30] {magoo} NUE
[08:32] {ramvfin2003} l NUE .17
[08:32] {dino} out drys .30, +.30 too wicked
[08:32] {magoo} go change your diaper dino...office stinx
[08:33] {dino} ctrp
[08:33] {dino} lol
[08:33] {ramvfin2003} target on NUE vad?
[08:33] {magoo} took NUE
[08:33] {magoo} waiting .48
[08:33] {Threei} not sure ram
[08:34] {ramvfin2003} 57 stop right
[08:34] {Threei} just under
[08:34] {ramvfin2003} k
[08:35] {Threei} SQNM again... this stock tortures me
[08:37] {Threei} IMMR??
[08:38] {magoo} man..sh@t just poppin everywhere
[08:38] {dino} sorry 'bout that
[08:38] {Threei} rofl
[08:38] {dino} :)
[08:39] {Threei} 1:1 NUE
[08:40] {magoo} bruce,...lay out somewhere
[08:40] {magoo} don't care where, i at .48
[08:40] {magoo} .44 better bruce
[08:40] {magoo} i there .44
[08:41] {dino} go .43 bruce
[08:41] * magoo slaps dino around a bit with a large trout
[08:41] {magoo} thats reserved for vad and i dino...undercutting each other
[08:41] {bruce} I didn't take nue
[08:41] {bruce} gun shy
[08:41] {bruce} volume didn't look compelling
[08:41] {magoo} oh..sorry..it was your call
[08:41] {Threei} IMMR STRENGTH ATTRIBUTED TO APPLE'S EARLIER ANNOUNCEMENT THAT IT WILL LAUNCH AN IPHONE/ITOUCH DEVELOPER KIT IN FEB.
[08:42] {magoo} i took it
[08:42] {magoo} OUT
[08:42] {ramvfin2003} out .46 NUE
[08:42] {bruce} rams call I think
[08:42] {bruce} worked nice
[08:42] {bruce} congrats gusy
[08:42] {magoo} oh..NICE ram
[08:42] {dino} scor s hl .35
[08:44] {ramvfin2003} l HLIT .03
[08:44] {Threei} SQNM, I sincerely hate you
[08:45] {Chaeron} SQNM scrtches Threei off Christmas card list
[08:45] {ramvfin2003} vad stop on HLIT?
[08:45] {Threei} .89
[08:45] {Threei} ram... something isn't right with your orders... such thick stock as HLIT, there is no reason to yield 3 cents
[08:46] {ramvfin2003} that was my bad, i caught it late
[08:46] {magoo} SQ avail short vad...lets get it lol
[08:46] {magoo} revenge short
[08:50] {Roman} GOAM
[08:50] {Roman} is going to play
[08:51] {magoo} u promise?
[08:52] {Roman} almost
[08:52] {magoo} where u in?
[08:54] {magoo} vad dcc if u here
[08:55] {ramvfin2003} RVBD long?
[08:55] {Roman} i am in swing GOAM
[08:58] {dino} s ctrp .70 hl, darn partial
[08:58] {dino} ok
[08:58] {ramvfin2003} missed RVBD
[08:59] {Chaeron} nice GOAM
[08:59] {dino} rvbd
[09:04] {Threei} NINE?
[09:04] {ramvfin2003} NVDA play?
[09:05] {Threei} no read on NVDA
[09:11] {ramvfin2003} out hlit
[09:11] {bruce} csx approaching hod
[09:12] {bruce} worth trying long?
[09:12] {magoo} sh STLD loss 48
[09:12] {magoo} half lot if triggs
[09:13] {Threei} no feel for CSX at all
[09:13] {bruce} k - no feel no play
[09:13] {magoo} sound like my wife last nite bruce
[09:14] {bruce} lol
[09:14] {magoo} in STLD
[09:15] {bruce} what is stld stop?
[09:17] {magoo} needs mkt help
[09:19] {bruce} s stld 48.02
[09:20] {bruce} is .25 stop enough?
[09:20] {magoo} .21 bruce
[09:20] {magoo} stop
[09:20] {bruce} k
[09:21] {magoo} half right?
[09:21] {bruce} yup
[09:21] {bruce} small
[09:21] {ramvfin2003} u guys r short stld?
[09:21] {magoo} yes, butit triggerd than went up
[09:21] {magoo} so careful
[09:21] {ramvfin2003} k
[09:21] {magoo} i saw .88 prints
[09:22] {magoo} thought we had it
[09:22] {bruce} need bette than .88 to justify trade
[09:22] {bruce} yeah
[09:22] {bruce} loked like it would tank
[09:23] {magoo} yep...looked like we were gonna get a point
[09:23] {ramvfin2003} yhoo play?
[09:24] {Threei} I'd look for short on bounce YHOO
[09:24] {ramvfin2003} keep us posted big boss man
[09:24] {ramvfin2003} lol
[09:26] {magoo} then why don't u boss he he?
[09:26] {magoo} naz helping us bruce
[09:27] {bruce} yup
[09:27] {bruce} so far so good
[09:27] {magoo} don't jinx us
[09:27] {bruce} exit target?
[09:27] {magoo} .56
[09:27] {ramvfin2003} YHOO short here..finger on the trigger
[09:28] {Threei} roman, what are you looking for in GOAM?
[09:28] {Threei} looks interesting
[09:28] {Roman} i am in swing looking for $10
[09:28] {bruce} out .15
[09:29] {bruce} thanx mags
[09:29] {Roman} today hard to say with NQ, looks like we are going to cluse red
[09:29] {Threei} good one guys
[09:29] {dino} wtg bruce
[09:29] {ramvfin2003} gj guys
[09:29] {bruce} + .87
[09:29] {magoo} out .39 u beat me NICE
[09:29] {bruce} lucky
[09:29] {magoo} welcome bruce
[09:31] {magoo} + 63, but i had 700 sh lol
[09:32] {bruce} 200 here
[09:32] {bruce} still very nice
[09:32] {magoo} xcellently played is tthe point...vad should agree
[09:33] {dino} cov ctrp .05, +.65
[09:34] {dino} who is this vad you speak of
[09:35] {bruce} great read magoo- still looked to me like it could go north or south
[09:35] {ramvfin2003} vad quite today...under the weather?
[09:35] {dino} cov scor .80, +.55
[09:36] {bruce} how did you pick short as higher probablitiy?
[09:36] {Threei} just don't feel like working ram {G}
[09:37] {dino} slacker
[09:37] {ramvfin2003} lol
[09:38] {magoo} bruce, i was watching the lev 2,...interest is dying ...up huge...needs to breathe..hence down
[09:38] {magoo} feels lower..not in
[09:39] {bruce} k
[09:39] {dino} coin flip bruce, imo, just keep your stop
[09:40] {dino} imo of course
[09:40] {magoo} oh yeah..flip a coin right now dino...ill tell u whats coming
[09:40] {bruce} I do dino - just pick wrong too often
[09:41] {dino} need a new coin, come to the dark side bruce
[09:41] {bruce} lol
[09:41] {bruce} I like shoprting
[09:41] {magoo} dark side better..lower electric bill
[09:41] {bruce} they work faster
[09:41] {magoo} dino makes us trade with no l,ights on in office
[09:42] {magoo} eyes adjust
[09:42] {bruce} evil glare from screen radiation
[09:42] {dino} you're lucky i let you use the air conditioner little man
[09:43] {dino} over daily, taken a 15 min break
[09:43] {bruce} the complimetns are flying n ow
[09:43] {dino} you can see we were raised on positive reinforcement
[09:44] {ramvfin2003} tempted to go short on STLD here
[09:46] {dino} wants 48.40ish imo
[09:47] {magoo} NO RAM
[09:47] {magoo} could bounce
[09:47] {ramvfin2003} k
[09:51] {ramvfin2003} anyone long STLD?
[09:52] {Threei} YHOO around resistance
[09:53] {Threei} if NQ reverses to downside again, this should be nice spot to look for short entry
[09:55] {bruce} short yhoo here w stop to .62?
[09:55] {Threei} yup
[09:56] {magoo} sh in
[09:58] {magoo} ram..see why no long up there ?
[09:58] {bruce} s yahoo .53
[10:00] {ramvfin2003} yes
[10:05] {magoo} yhoo held that naz sell too well vad
[10:05] {magoo} out + .02
[10:06] {Threei} that was the case earlier too, that's why I wanted bounce rather than breakdown
[10:06] {magoo} well..now look
[10:06] {dino} collapse coming
[10:06] {bruce} out .40
[10:06] {dino} mkt that is
[10:10] {ramvfin2003} NVDA short?
[10:12] {Threei} nah
[10:12] {ramvfin2003} k
[10:12] {magoo} are we down 165?
[10:12] {Threei} Dow, yes
[10:12] {Threei} COMPX is still green
[10:13] {dptl} dow-80.23
[10:14] {ramvfin2003} STLD long?
[10:14] {Threei} why?
[10:15] {ramvfin2003} seems to bouce off of 47.50-.55 few times just my opinion
[10:15] {Threei} but it's 30 cents from there
[10:16] {ramvfin2003} not when i asked
[10:17] {Threei} well... if it moves that much within 1 min, how timely my answer can be? :)
[10:18] {ramvfin2003} lol..ask my new wife how much i can accomplish in a min.....lol
[10:18] {Threei} I better not :)
[10:18] {ramvfin2003} ha
[10:19] {magoo} sounds like what romans wife says he he
[10:22] {dino} lol
[10:23] {magoo} dam..i was watching wrong stock he he
[10:25] {magoo} dino does that all the time...thats why he always responds to compliments " just lucky"...damm right...pulls trigg on wrong stock and it worx lol
[10:25] {bruce} 2 to 1 for you in yhoo vad
[10:26] {Threei} yup
[10:27] {bruce} really tookm its time following market
[10:27] {dino} down we go
[10:29] {dino} sqnm hl s .38, stop .66
[10:29] {dino} vdsi fall
[10:29] {Threei} my disliking of the gap in the morning was justified
[10:30] {magoo} u can say that again
[10:32] {magoo} ill do it for u
[10:32] {magoo} 13:31] {Threei} my disliking of the gap in the morning was justified
[10:32] {magoo} [13:31] {magoo} u can s
[10:34] {Threei} ty
[10:36] {bruce} qs and dow trying to bounce
[10:36] {bruce} pretty pathetic so far though
[10:38] {ramvfin2003} missed yhoo short, should i short this bounce?
[10:39] {Threei} not before .50...
[10:39] {ramvfin2003} k
[10:39] {Threei} GEOI
[10:40] {Threei} something's going on
[10:42] {dino} hl l vdsi .20
[10:43] {dino} sqnm bstop to .35
[10:43] {Threei} REMINDER: FED'S BEIGE BOOK DUE OUT AT 2PMET
[10:43] {Threei} - economy continues to expand; impact on ecomony is limited outside of housing
[10:43] {Threei} - Fed's sees little change in overall price pressures since July report
[10:43] {Threei} - Retail sales "generally positive"
[10:43] {Threei} - Most districts saw "modest" job gains vs similar views expressed in July
[10:43] {Threei} - Tighter credit "clouds housing outlook"; recent distress in the financial markets has "deepened" the housing slowdown
[10:46] {Threei} not for faint hearts... if this GEOI offer gets taken, likely to explode
[10:48] {ramvfin2003} ach long?
[10:49] {Threei} closer to 84 I'd think
[10:49] {ramvfin2003} k
[10:50] {dino} sqnm cov .28,, +.10
[10:52] {markweb} CTRP, dino?
[10:52] {dino} vdsi stopped -.36
[10:52] {dino} missed it mark
[10:52] {ramvfin2003} l ach 84.10
[10:52] {dino} at ,49
[10:53] {dino} .
[10:53] {markweb} me to
[10:54] {Threei} market continues downticking ram, why go long
[10:54] {magoo} end of world it seems
[10:57] {Threei} use this bounce to get out and consider it a gift
[10:57] {ramvfin2003} out
[10:57] {Threei} I am telling you... walking heart attack
[10:58] {Threei} don't buy price alone, watch for confirmation, for market help
[10:58] {Threei} price level is where you need to be ready
[10:58] {Threei} but it's not the sole reason for entry
[10:59] {dino} hl l drys .75 wide
[11:00] {Threei} FED'S BEIGE BOOK: GROWH DECELERATED IN SEP AND EARLY OCT
[11:00] {Threei} GIGA?
[11:00] {magoo} quotes down
[11:02] {ramvfin2003} out ACH 85.35
[11:03] {Threei} - home sales slowed with inventories higher
[11:03] {Threei} - weaker Dollar makes imports more expensive
[11:03] {Threei} - housing may remain subdued for several months
[11:03] {Threei} - consumer spending grew at a slower pace since Aug
[11:03] {Threei} - Firms see 'higher than usual' economic uncertainty
[11:03] {Threei} - Most Fed banks saw lower home sales, prices
[11:03] {Threei} - Competition holding retail prices in check, retail sales softening, outlook uncertain
[11:03] {Threei} - Labor Markets are tight, 'modest' wage pressures
[11:07] {Threei} GIGA frenzy
[11:12] {magoo} LULU on another planet
[11:13] {Threei} sheesh... with this name I wouldn't be in this universe even
[11:13] {Threei} you expect any kind of reality from stock called LULU?
[11:27] {dino} algt
[11:35] {ramvfin2003} giga play?
[11:36] {Threei} pure momo... can't tell
[11:40] {Threei} US TREASURY'S MCCORMICK: FINANCIAL CONDITIONS ARE STABILIZING IN SOME MARKETS
[11:40] {Threei} - Notes issues raised by recent turmoil are complex, cannot rush to judgement
[11:40] {Threei} - Says G7 to discuss implications of sovereign wealth funds for stability of world financial system
[11:40] {Threei} - Says US to stress importance of IMF role in surveillance of global exchange rates
[11:56] {ramvfin2003} YHOO long?
[11:57] {dino} ctrp holds well
[11:59] {Threei} I think so ram
[11:59] {Threei} .45 stop
[12:00] {dino} back in 15
[12:08] {Threei} COCO
[12:08] {Threei} DISCLOSES SEARCH WARRANT ISSUED AT FLORIDA CAMPUS - FILING
[12:08] {Threei} - Co. cooperating, yet not informed by action has been taken against it, or why similiar actions have been take against other institutions in the area
[12:09] {magoo} back
[12:09] {magoo} any setups vad??
[12:09] {Threei} LULU: what gravity? You have gravity in your world?
[12:10] {dino} lol dys gets me out at 119.35, +.60, while out
[12:10] {Threei} that's disgusting
[12:10] {Threei} dino makes money not even being here
[12:10] {dino} lucky
[12:11] {dino} ctrp spike coming, imo
[12:11] {Threei} I am intrigued by GEOI still magoo
[12:11] {magoo} used to be a real player remember
[12:11] {magoo} with able
[12:11] {Threei} right
[12:11] {Threei} ABLE is no more
[12:12] {magoo} yep
[12:13] {Threei} anyone thinking of a joke along the line unABLE etc, it's too obvious
[12:13] {Threei} it's my prerogative to make such lame jokes
[12:13] {dino} hmmmmmmmmmmmmmm
[12:14] {Threei} YHOO's working
[12:15] {magoo} where was yhoo entry?
[12:15] {Threei} 10-11 cents ago
[12:23] {Threei} FORMER FED CHMN GREENSPAN: NO IMMINENT DANGER IN WEAKENING DOLLAR - INTERVIEW IN CZECH NEWSPAPER
[12:23] {Threei} - Odds of US recession are around 50% at most-reiterating comments
[12:23] {Threei} - Says crises like the credit crunch this year are impossible to eliminate and may become more frequent
[12:23] {Threei} - Says cannot see the end of US economy woes, depends on property market recovery
[12:23] {Threei} I am crying
[12:24] {bruce} nows thge time to buy REal estate vad
[12:24] {Threei} in USA? :)
[12:24] {bruce} 2 years ago it was hyped in all the media to buy
[12:25] {bruce} yuppers
[12:25] {bruce} buy when gloom and doom
[12:27] {dino} buy when the blood flows
[12:32] {dino} missed ctrp 3 x
[12:36] {Threei} GOAM is picking up interest again
[12:38] {magoo} ebay tonight
[12:39] {Threei} funny thing about today is, it still hasn't allowed to judge the further direction
[12:39] {dino} risky, hl s stld .01
[12:40] {Threei} while critical support level at 2150 remains untagged still, move into resistance happened in a wy that made all but imposible to get follow through
[12:40] {Threei} and retreat while expected, wasn't as deep as to indicate failure
[12:40] {Threei} so, uncertainty continues
[12:43] {dino} bstop is .27 stld
[12:44] {dino} stopped -.26
[12:45] {dino} usat
[12:49] {dino} hl s .18, stop .46
[12:55] {Threei} I remain 52% bullish as of the end of today
[12:55] {Threei} no... 51.85%
[12:56] {dino} coin toss 'eh
[12:56] {bruce} I remain confused, as usual
[12:57] {Threei} NQ finishes almost at the high
[12:57] {dino} maybe you're overthinking it. i drive magoo crazy coming in late and having no clue
[12:57] {Threei} so I have to give this 1.85% preference to bullish side
[12:57] {bruce} nice call in yahoo long vad
[12:58] {bruce} I thought it wuld drop further todaqy
[12:58] {dino} cov usat .01, +.17
[12:58] {Threei} you took it ram?
[12:59] {dino} good day all thanks for ideas
[12:59] {Threei} thank you all
[12:59] {Threei} have a good evening, see you tomorrow for more confusion
[12:59] {ramvfin2003} good night all
[12:59] {Threei} both GOAM and GEOI on watch
[13:00] {bruce} geoi looks awful thin
[13:01] {Threei} always was this way
[13:01] {Threei} it's a small oil stock
[13:01] {Threei} horribly volatile
[13:01] {Threei} totally explosive when catches momentum
[13:01] {bruce} 37k volume for day
[13:02] {Threei} and this is not the worst day for it :)
[13:02] {bruce} could move big either way
[13:02] {Threei} sooo... what about EBAY
[13:03] {bruce} nice closing volume in ebay
[13:03] {bruce} thanx all
[13:03] {Threei} MOGN REPORTS Q3 $0.13 V $0.12E, R$112.5 V $108.5ME
[13:03] {bruce} se you in am
[13:04] {Threei} ARNA REPORTS Q3 $0. V -$0.71E, R$5M V $6.4ME
[13:05] {dino} qcom
[13:05] {Threei} anyone sticks around to wait for ebay?
[13:05] {dptl} me
[13:05] {dino} new trial maybe
[13:05] {dino} gotta hop, take care all
[13:05] {Threei} CTXS REPORTS Q3 $0.41 V $0.38E, R$ V $340ME- Guides Q4 R$ v $373Me{FFIV}
[13:05] {bruce} you going to trade it post market vad?
[13:06] {Threei} if it's tradeable
[13:06] {bruce} k
[13:06] {bruce} I'm game
[13:06] {bruce} said the rabbit
[13:06] {Threei} lol
[13:07] {magoo} i guress it pops up
[13:07] {magoo} last nite i hit yhoo for 2 bux, but only 400 shares
[13:07] {magoo} in 27.44 out 29.2ish
[13:08] {Threei} nice
[13:08] {Threei} hmmm... CTXS
[13:08] {bruce} yes
[13:08] {Threei} report didn't look bad
[13:08] {Threei} strange dump, then big recovery
[13:11] {magoo} ty vad for today, i had a triple goal day
[13:11] {Threei} wow, nice
[13:11] {magoo} took hit yesterday, but made up tofday
[13:12] {magoo} why jade moving
[13:13] {Threei} auditor resigns, accounting issues, you name it
[13:13] {Threei} POS
Tuesday, October 16, 2007
October 16, 2007
Session Start: Tue Oct 16 00:00:01 2007
Session Time: Tue Oct 16 00:00:01 2007
[05:28] {bruce} morning all
[05:37] {Threei} Good morning
[05:37] {Threei} VCLK earnings miss
[05:40] {cosmo} ERIC miss/downgrade
[05:40] {cosmo} trying to get up off the floor
[05:43] {Threei} with this drop it can go up 5 points and still be on the floor
[05:43] {cosmo} call the paramedics
[05:44] {Threei} or sell ERIC as a mop
[05:45] {cosmo} yeah....its good for picking up the bathwater
[05:45] {Threei} and swiping babies under the rug?
[05:47] {cosmo} i would use a stiff broom for that
[05:48] {Threei} I am writing down invaluable tips
[05:49] {cosmo} i'd say they're worth $20 ea
[05:49] {cosmo} i'll take royalities tho
[05:50] {cosmo} royalties?
[05:50] {cosmo} .... need raven
[05:50] {Threei} we all do
[05:52] {Threei} little piece of news from BLDP...
[05:52] {Raven} Sigh ... morning all :)
[05:53] {Threei} sleeper for a long while... some day will stage a nice rally
[05:53] {Threei} Raven :)
[05:53] {Raven} Threei :)
[05:55] {Raven} cosmo ... check this out:
[05:55] {Raven} http://www.rrstar.com/homepage/x1429051683
[05:56] {cosmo} get those all the time around here
[05:56] {Raven} wrong
[05:56] {cosmo} refugies
[05:56] {Raven} only the 14th US sighting of that bird
[05:56] {Raven} refugees?
[05:56] {cosmo} yea
[05:57] {Raven} 12 sightings in Texas
[05:57] {cosmo} 14?
[05:57] {Raven} 14
[05:57] {cosmo} slackers
[05:57] {Raven} lol ... yes
[05:57] {Raven} I went to Beloit and saw that sucker
[05:57] {cosmo} what did they charge you?
[05:58] {Raven} it is still there as of Sunday
[05:58] {magoo} mjorning
[05:58] {Threei} magoo :)
[05:58] {Raven} stupid woman let us in free ...
[05:58] {cosmo} shes a saint
[05:58] {Raven} 700 came from all over the world in about 3 weeks
[05:59] {Raven} finally she halted the parade
[05:59] {Raven} hi M
[05:59] {Raven} a g
[05:59] {Raven} o
[05:59] {cosmo} 700? ...up from 14?
[05:59] {Raven} o
[05:59] {Raven} 700 people ... sheesh
[05:59] {cosmo} ah
[05:59] {Threei} {woman} 700 stupid people came from all over the world to watch little piece of meat with feathers... and ended up called ME stupid
[06:00] * Threei hides under the rock
[06:00] * Raven slaps Threei around a bit with a large trout
[06:00] * Raven slaps cosmo around a bit with a large trout
[06:00] {Threei} but I am under the rock
[06:01] * Raven slaps magoo around a bit with a large trout
[06:01] {Raven} there now
[06:01] {cosmo} well, nest time i c a green breasted mango i'll get a picture for you, R:)
[06:01] {cosmo} next
[06:01] {magoo} when is the season for those birds raven?
[06:01] * Raven slaps magoo around a bit with a large trout
[06:01] {magoo} as in hunting
[06:01] * Raven slaps magoo around a bit with a large trout
[06:02] {Raven} what a room
[06:02] {markweb} gm all
[06:02] {Threei} mark :)
[06:02] {markweb} :)
[06:02] {Raven} hi mark
[06:02] {markweb} hi
[06:03] {cosmo} they're giving ERIC oxygen i think
[06:04] {Raven} they?
[06:04] {cosmo} paramedics
[06:04] {Raven} oh them
[06:06] {Threei} on the other side... moppers look for a piece of floor they haven't wiped with ERIC yet
[06:06] {bruce} hi mark, raven
[06:06] {markweb} :)
[06:06] {Raven} bruce :)
[06:08] {cosmo} ERIC pre mkt high = 31 fyi
[06:09] {bruce} was dino holding bidu long overnight?
[06:09] {esemde} morning everyone....
[06:10] {bruce} hi ese
[06:10] {Threei} ese :)
[06:10] {markweb} ese:)
[06:14] {dino} gm all
[06:14] {markweb} dino:)
[06:14] {bruce} hi dino
[06:14] {Threei} dino :)
[06:14] {esemde} bruce mark dina vad
[06:15] {Threei} *SEPT INDUSTRIAL PRODUCTION: %0.1 V 0.1%E; CAPACITY UTILIZATION: 82.1 % V 82.1%E
[06:15] {Threei} - prior capacity revised to % from 82.2%
[06:15] {dino} yes bruce, just 100
[06:16] {cosmo} VCLK @ 24 test
[06:17] {bruce} k - thought so dino
[06:17] {bruce} orct forming nice premarket consolidation
[06:18] {magoo} citigrouop upgrades BRCM vad to target 52
[06:20] {magoo} TRAK down 5
[06:20] {dino} want 60 pts bruce, so will allow a bit of pullback.
[06:22] {bruce} k - nice size target
[06:24] {cosmo} VCLK @ 24 test ...still
[06:24] {magoo} ah BIDU...my ole friend
[06:24] {magoo} goog reports thurs and that affects bidu
[06:24] {magoo} anyone know when BIDU reports?
[06:26] {Threei} not this week
[06:27] {markweb} Oct 25, 2007 Q3 2007 Earnings Release - 4:00pm ET
[06:27] {markweb} Oct 25, 2007 Q3 2007 Earnings Conference Call - 8:00pm ET
[06:28] {Threei} you are scaring me mark
[06:28] {markweb} ?
[06:28] {Threei} wealth of knowledge
[06:28] {markweb} http://finance.google.com/finance?client=ob&q=BIDU
[06:29] {Threei} walking enciylopedy
[06:29] {magoo} nice mark
[06:29] {markweb} FLAT
[06:32] {bruce} charts out
[06:32] {Threei} ?
[06:33] {Threei} looks ok here
[06:33] {bruce} up again - switched server
[06:34] {Roman} SHOO
[06:34] {Threei} BRCM .50 long if stays above .35
[06:35] {Roman} SHOO could be major sqeezer
[06:37] {magoo} invalidated vad?
[06:37] {Threei} yeah
[06:37] {Threei} as a breakout at least
[06:37] {magoo} chart server vad?
[06:38] {Threei} bouncer, maybe
[06:38] {Roman} out SHOO
[06:38] {Threei} 3
[06:38] {magoo} 3 no work here
[06:38] {magoo} 4 ok
[06:39] {Roman} DSTI strange lately
[06:39] {Roman} on rdar
[06:40] {Threei} what's with SSTI?
[06:42] {Roman} ALTI spike with vol
[06:43] {Threei} BRCM, let's try to catch the pullback
[06:43] {magoo} u make the call boss..ill go
[06:44] {Threei} this break was rather a trap with NQ downticking, pullback hoqwever may work
[06:45] {Threei} sheesh... not happening
[06:45] {magoo} the upgrade boss
[06:45] {Threei} {shrug}
[06:45] {magoo} 52 target
[06:45] {Threei} since when upgrades mean anything
[06:46] {magoo} since 1999
[06:47] {Threei} NVDA
[06:47] {Threei} .80 break long
[06:47] {Threei} .64 stop
[06:48] {magoo} in
[06:49] {magoo} naz killed it
[06:49] {Threei} BRCM, this is more like it
[06:49] {Threei} finger on a trigger
[06:50] {Threei} in
[06:50] {magoo} let me know entry u get
[06:50] {Threei} .20
[06:50] {ramvfin2003} in .21
[06:50] {magoo} in .23
[06:50] {Threei} stop 42.09 for scalpers, under 42 for daytraders
[06:51] {ramvfin2003} l NVDA .82
[06:51] {Threei} out half .45
[06:51] {Threei} stop to .14
[06:52] {ramvfin2003} target on NVDA?
[06:53] {Threei} half at 1:1 for me
[06:53] {ramvfin2003} k
[06:53] {magoo} out .51 TY vad
[06:53] {Threei} if you feel like taking scalp can't blame you
[06:53] {ramvfin2003} out BRCM .49
[06:53] {Threei} welcome sir
[06:53] {Threei} NVDA out half
[06:54] {Threei} stop to .79
[06:54] {Threei} BRC{ stop to .24
[06:54] {Threei} BRCM
[06:55] {Threei} to .35 now
[06:56] {Roman} GIGA
[06:56] {Threei} offering 1/4 more BRCM at .61
[06:56] {Roman} long small
[06:56] {magoo} out nvda .96
[06:56] {magoo} ty vad
[06:56] {Threei} hit BRCM
[06:56] {Threei} welcome
[06:57] {Threei} offering 1/4 more NVDA 37.01
[06:57] {bruce} how did you figure first brcm break would be fakeout vad?
[06:58] {dino} l hl star .50
[06:58] {Roman} ALTI radar
[06:58] {Roman} CRDC long small, possible bounce
[06:58] {esemde} CPSL going nuts
[06:59] {Threei} NQ was very unstable at the moment bruce, BRCM whatever moves it is still one of those that mostly move with market... volume wasn't very impressive on break, no that mad pace"
[06:59] {Roman} in CRDC 11.26
[06:59] {Threei} taken on NVDA btw
[07:00] {Threei} stop to .85 for the last piece
[07:00] {bruce} k - I didn't notice that
[07:00] {ramvfin2003} out NVDA + .18
[07:00] {ramvfin2003} ty
[07:01] {Threei} welcome
[07:01] {Threei} done with BRCM
[07:01] {Threei} it's not even that I "figured it"
[07:01] {Threei} it was just more probable outcome of the break at the moment, pullback was much more reliable trade
[07:01] {dino} hl l dwsn .07
[07:02] {magoo} u had nice read on it vad
[07:02] {Threei} ty
[07:02] {cosmo} VCLK hod = 24.89 ...so far
[07:03] {Threei} done with NVDA
[07:03] {magoo} when u say "done" u no read for rest of day?
[07:03] {Threei} no, why... just finished current trade
[07:04] {magoo} oh...ok
[07:04] {magoo} sounds so final..DONE
[07:04] {magoo} lol
[07:04] {magoo} watching CPSL
[07:04] {magoo} not in
[07:04] {Threei} life of a day trader, you know... done this second... undone next {G}
[07:05] {bruce} ctxs short setup?
[07:05] {magoo} someday i gonna daytrade
[07:05] {dino} rprx
[07:07] {dino} and someday i'll make food that all kids will like
[07:08] {magoo} i can't wait dino : )
[07:08] {cosmo} eric
[07:08] {dino} lol
[07:08] {Threei} tough call bruce
[07:08] {bruce} k
[07:09] {Threei} my inclination is on short side with this one
[07:09] {dino} dish
[07:09] {Threei} but market overall shows nice strength
[07:10] {dino} rprx s hgl .33
[07:11] {Threei} SEED woke up
[07:12] {Threei} OK CTXS... .90 short if stays below 42.10, ideally under 42.05
[07:14] {dino} out star .10, +.60
[07:14] {Roman} IFON pop
[07:15] {Threei} nice one dino
[07:15] {dino} ty
[07:17] {dino} out dwsn .32, +.25
[07:17] {Threei} 42.06 stop
[07:17] {dino} mkt drop
[07:17] {magoo} in ctxs sh
[07:17] {Threei} 1:1 in a hurry
[07:18] {dino} fwiw bstop on rprx is .62
[07:19] {ramvfin2003} missed CTXS too late to get in?
[07:19] {Threei} valid entry
[07:19] {Threei} bounced into new resistance
[07:20] {Threei} DISH
[07:20] {Threei} MOVES HIGHER ON REPORT AT&T HAS HIRED GOLDMAN SACHS TO EXPLORE ACQUISITION OF DISH
[07:21] {dino} at&t looking, my news
[07:22] {dino} staying away
[07:29] {dino} tbsi wow
[07:32] {dino} missed
[07:33] {esemde} hello ....am i still disconnected
[07:34] {Threei} no, you are here
[07:34] {Roman} u still in CTXS?
[07:34] {Threei} but I see your connection bouncing twice
[07:34] {Roman} stop .06?
[07:34] {Threei} yes Roman
[07:35] {esemde} Vadd dcc when you get a moment
[07:42] {dino} hl l eric .00
[07:44] {dino} star hl l .70, stop .46
[07:45] {dino} eric stop is lod
[07:49] {Threei} ALTI .21 long if stays above .10
[07:53] {Threei} half out CTXS
[07:53] {Threei} stop to 42.01
[07:53] {Threei} CPSL, watching for pullback into 10.50 to find an entry
[07:56] {Threei} no pullback,,, frenzy seems to be back
[08:00] {dino} dman
[08:01] {ramvfin2003} ALTI still on a break of .21?
[08:01] {Threei} same condition
[08:01] {Threei} if not losing .10 anymore
[08:01] {dino} risky dman l .77
[08:01] {dino} hl
[08:01] {ramvfin2003} k ty
[08:02] {Threei} TREASURY' PAULSON: HOUSING DECLINE STILL UNFOLDING, NUMBER OF TROUBLED PRIME LOAN BORROWERS RISING
[08:03] {dino} shocking
[08:03] {dino} closing monday, will be looking for a replacement
[08:05] {Threei} adrenalin-inducing call:
[08:06] {Threei} RCH, small shares long if 16 getting hit
[08:06] {dino} bidu coming on
[08:09] {Threei} magoo... this one is for your eyes only
[08:09] {Threei} LULU
[08:09] {Threei} if pulls back into 46.50
[08:09] {dino} dman stopped .51 -.26
[08:09] {dino} rinse
[08:14] {Threei} and if holding above 47, then 47.50 becomes long
[08:17] {bruce} rprx long?
[08:18] {Threei} half lot... thin one
[08:18] {bruce} k
[08:20] {dino} rprx stopped -.30
[08:27] {magoo} 'back
[08:27] {magoo} had a banker in here
[08:28] {ramvfin2003} anyone in LULU?
[08:28] {magoo} anywho...is LULU currenyt call, and RCH valid still?
[08:28] {Threei} yes
[08:28] {Threei} RCH broke already and spiked
[08:28] {magoo} so RCH i misse?
[08:29] {magoo} but LULU'
[08:29] {Threei} I think so
[08:29] {Threei} LULU is active
[08:30] {ramvfin2003} l LULU .50
[08:30] {Threei} 48 is coming with any luck
[08:30] {Threei} but you need luck with this one
[08:30] {esemde} have a great day everyone....
[08:31] {Threei} take care ese
[08:31] {markweb} dini, INFY?
[08:31] {magoo} bye Es
[08:31] {markweb} sry DINO
[08:32] {Threei} NASDAQ is about to go green
[08:32] {bruce} bye ese
[08:33] {ramvfin2003} INFY getting hit
[08:33] {Threei} green NQ
[08:34] {dino} lol
[08:34] {dino} hmmm
[08:35] {markweb} 46.45 support
[08:35] {magoo} l rch ,50
[08:36] {magoo} waiting .99
[08:36] {Threei} you are scarier than INFY, mags
[08:39] {magoo} it looks good to go vad
[08:39] {magoo} half
[08:40] {dino} l leap .03 hl
[08:40] {Threei} OK, INFY:
[08:40] {Threei} INDIA ADRS MOVE LOWER IN US TRADING AFTER INDIAN REGULATOR PROPOSES TIGHTENING RULES FOR PURCHASING SHARES AND BONDS IN LOCAL COMPANIES THROUGH OFFSHORE DERIVATIVE INSTRUMENTS
[08:40] {Threei} REDF and SIFY should be affected too
[08:41] {ramvfin2003} come on LULU
[08:47] {ramvfin2003} CFC short?
[08:47] {dino} out eric .24, +.24
[08:48] {Threei} .48, CFC... .61 stop
[08:53] {dino} infy again drops
[08:55] {ramvfin2003} Vad would u play CFC short @ .48?
[08:56] {Threei} not exactly my cup of tea
[08:56] {ramvfin2003} k
[08:56] {Threei} xide
[08:57] {dino} l infy .25, hl, crazy
[08:59] {magoo} stopped out RCH ,40 -dime
[09:08] {dino} infy stop to .65
[09:09] {dino} out +.40
[09:09] {dino} ty mark
[09:09] {markweb} gj dino!
[09:09] {dino} ty
[09:10] {dino} lucky entry
[09:13] {dino} ahhh, meatloaf sandwich
[09:15] {dino} ostk?
[09:15] {markweb} ostk
[09:16] {markweb} sry
[09:16] {Threei} SOUTHERN CALIFORNIA HOMES SALES DROPPED 49% LAST MONTH
[09:17] {Threei} OSTK was downgraded in the morning
[09:17] {Threei} don't see anything else
[09:18] {dino} yeah, thats all i'm seeing on it
[09:19] {Threei} that's one wierd stock, with one wierd CEO
[09:20] {Threei} TURKISH CENTRAL BANK CUTS BASE RATE 50 BP TO 16.75%
[09:21] {Threei} not that we care very much, but look at their interest
[09:21] {dino} gearing up for war
[09:21] {Threei} EIA: TIGHT GLOBAL OIL MARKET NEEDS OUTPUT INCREASE TO LOWER CRUDE PRICES - WIRE CITING ANALYST
[09:22] {Threei} that's one wise analyst
[09:22] {magoo} roflol
[09:22] {Chaeron} aren't they all?
[09:22] {dino} thats an anal-yst
[09:23] {Chaeron} place a "c" where your "-" is....
[09:23] {magoo} huh??
[09:23] {Chaeron} ooohhhh kay... either you didn't get it or it wasn't funny...
[09:24] {Threei} both chaeron
[09:24] {dino} lol
[09:24] {Chaeron} anal cyst
[09:24] {Chaeron} *sigh*
[09:24] {dino} well, you know what they say.... there's a chair for every ass
[09:24] {Chaeron} what did you call me???????
[09:24] {dino} lol
[09:24] {Chaeron} hehehe
[09:24] {Threei} chair I think
[09:25] {Threei} as in boss
[09:26] {magoo} maybe so..dino...but the second rat gets the cheese
[09:28] {ramvfin2003} LULU movin
[09:29] {dino} and magoo's in his tu-tu
[09:30] {Threei} my eyesa
[09:30] {dino} scanner all green
[09:33] {Threei} LULU 48
[09:33] {dino} star stop to .98
[09:43] {dino} out star .00, +.30
[09:45] {Threei} CPHD half lot 23.05 long if stays above 22.90
[09:46] {dino} ostk hl l .62, stop .34
[09:48] {bruce} cphd invaliud?
[09:48] {Threei} yeah, unless goes through new consolidation
[09:48] {bruce} k
[09:52] {magoo} out LULU .48 here now
[09:52] {magoo} TY vad
[09:52] {Threei} welcome
[09:52] {Threei} let me repeat.... you are once scary guy magoo
[09:53] {magoo} once? as in "used to be?
[09:53] {Threei} -c = one
[10:00] {Threei} who is NAHB?
[10:01] {Threei} OCT NAHB HOUSING MARKET INDEX: 18 V 19E
[10:01] {Threei} for russian ear sounds very indecent
[10:01] {magoo} north amer housing bureau
[10:01] {Threei} ahh... you ruined it for me magoo
[10:01] {magoo} whats magoo mean in russian again
[10:01] {magoo} handsome?
[10:01] {Threei} lol
[10:02] {Threei} "I can"
[10:02] {Threei} roman, mark... what does NAHB sound like to you? {G}
[10:02] {markweb} pss
[10:02] {Threei} lol
[10:03] {Threei} VCLK recovery still looks steady
[10:05] {Threei} AMLN
[10:05] {Threei} FDA ISSUES ALERT ON BYETTA- reviewd 30 reports of acute pancreatitis in patients
[10:06] {ramvfin2003} play on VCLK?
[10:08] {Threei} pullback closer to 25 would be what I am interested in... otherwise too iffy
[10:09] {Threei} AMLN mesmerizing
[10:10] {dino} l .40 amln
[10:10] {markweb} NO!:)
[10:11] {dino} :)
[10:11] {markweb} you are..........................
[10:12] {Threei} FDA ISSUES ALERT ON BYETTA, CALLS FOR DISCONTINUATION OF USE IF IN PATIENTS WITH SUSPECTED PANCREATITIS; CO. AGREES TO ADD WARNING ABOUT PANCREATITIS ON LABEL - WIRE HEADLINE- reviewed 30 reports of acute pancreatitis in patients; association between Byetta and acute pancreatitis suspected in some cases
[10:13] {dino} out .20, +.80
[10:13] {markweb} .
[10:13] {Threei} and we thought dino was sane one among two brothers
[10:14] {dino} c'mon, 500 shares, w/.50 stop
[10:16] {Threei} roman, look dcc please
[10:17] {ramvfin2003} INFY for a bouce?
[10:18] {Threei} if OK with 46.80 stop
[10:18] {ramvfin2003} k ty
[10:19] {ramvfin2003} l INFY .03
[10:19] {Threei} GMTN TICKS HIGHER ON POSITIVE MENTION BY CNBC GUEST ANALYST COVERING 'HOT STOCKS UNDER $20'
[10:20] {Threei} lol, 1:1 in a joffy
[10:20] {Threei} jiffy too
[10:20] {Threei} don't marry it ram
[10:21] {ramvfin2003} waiting for .49
[10:21] {Threei} cool beans
[10:21] {Threei} wtg
[10:21] {ramvfin2003} out .52
[10:21] {ramvfin2003} ty vad
[10:21] {Threei} your find
[10:23] {dino} ugh dwsn, i take a quarter at 76.32
[10:23] {dino} nice ram
[10:26] {ramvfin2003} GMTN long?
[10:28] {Threei} CNBC hype... can go either way
[10:29] {ramvfin2003} ill pass..only follow your lead boss :)
[10:29] {Threei} no pressure eh?
[10:30] {Threei} as if I needed second magoo {G}
[10:30] {Threei} one is enough to cause me premature heart attack :)
[10:30] {ramvfin2003} lol
[10:32] {magoo} vad..HEY!
[10:32] {Threei} lol
[10:32] {Threei} I was wondering, you asleep or what :)
[10:34] {dino} lulu
[10:35] {Threei} oh btw, since we are on wisdom nuggets today
[10:35] {Threei} WHITE HOUSE: CURRENT ENERGY PRICES ARE TOO HIGH, PRICES ARE "VERY CONCERNING"- expanding use for alternative energy fuels is key to addressing supply issues
[10:35] {Threei} clap clap clap is in order I think
[10:37] {Threei} LULU, did I really say 48?
[10:37] {Threei} I think I am not much more advanced than all these think-tanks I am quoting today...
[10:37] {magoo} did you really say i was nuts @ 48.48?
[10:38] {Threei} no, that was a good sell, you were nuts when entered
[10:38] {Threei} but then again, I knew that... that's why I designated the trade as "for your eyes only"
[10:39] {magoo} oh i feel much..much better
[10:39] {Threei} and what do you think, ram tugged along, lol
[10:43] {dino} leap stop to .02, not moving
[10:44] {bruce} immu long?
[10:44] {dino} stopped -.01\
[10:44] {magoo} any read AAPL vad?
[10:45] {magoo} and don't maske something up
[10:46] {dino} ok, leap l hl .70
[10:48] {Threei} no magoo, sorry
[10:48] {magoo} how about CPSL?
[10:49] {Threei} I would prefer pullback on IMUU bruce
[10:49] {Threei} IMMU
[10:49] {Threei} 3.20 is support
[10:49] {Threei} CPSAL is in support zone on this pullback
[10:49] {Threei} CPSL
[10:50] {Threei} I don't know if it has gas left for today, but if go for it, try support rather than breakout
[10:50] {magoo} agree
[10:52] {bruce} thnx vad
[10:52] {Threei} US HOUSE PASSES 4 YEAR BAN ON INTERNET ACCESS TAXES - WIRE HEADLINE- Passed ahead of Nov 1 dealine, now headed to Senate
[10:53] {dino} ostk out .82, +.20
[10:55] {Threei} TURKISH PM: NO IMMEDIATE IRAQ OPERATIONS EVEN WITH PARLIMENT APPROVAL - WIRE
[10:56] {dino} out leap .00, +.30
[10:59] {Chaeron} [09:20] {Threei} TURKISH CENTRAL BANK CUTS BASE RATE 50 BP TO 16.75%
[10:59] {Chaeron} [09:21] {Threei} not that we care very much, but look at their interest
[10:59] {Chaeron} [09:21] {dino} gearing up for war
[10:59] {Chaeron} dino smart cookie
[10:59] {dino} not really
[11:00] {Chaeron} well at least nice trades on your last two :)
[11:00] {dino} ty
[11:00] {dino} in scalpers mode over goal
[11:02] {dino} drys getting tagged
[11:02] {dino} upgraded to 160 and drops 10, someone wanted out at jefferies
[11:03] {ramvfin2003} wow LULU
[11:03] {ramvfin2003} BIIB long?
[11:08] {Threei} REPORTS 3Q $0.17 V $0.18E, INCREASES DIVIDEND TO $0.12 FROM $0.105
[11:08] {Threei} HCSG
[11:15] {Threei} IRAN AND RUSSIA AGREE THAT RUSSIA WILL COMPLETE THE BUSHEHR NUCLEAR POWER STATION ON SCHEDULE
[11:18] {dino} infy hl l .29
[11:19] {dino} iran must have called off the hit on putin
[11:19] {Threei} lol
[11:21] {Threei} CBC just reported that 1/3 of LULU float is shorted
[11:21] {Threei} no idea how accurated it is
[11:21] {Threei} -d
[11:24] {magoo} c'mon vad,,,find something
[11:24] {ramvfin2003} OCNW?
[11:25] {Threei} 11:48am [OCNW] Moves lower after filing quarterly reportmore.. - guided Q3 R$ to decline substantally relative to the quarter eneded June 30th
[11:27] {dino} no naked shorts starts soon
[11:27] {dino} they will need to cover
[11:30] {Threei} for those who need something to kill the time while waitng for a trade:
[11:30] {Threei} http://www.news.com.au/heraldsun/story/0,21985,22556281-661,00.html
[11:32] {dino} infy stop is .97 fwiw
[11:35] {dino} risky l leap .40
[11:35] {dino} hl
[11:36] {dino} didn't expect that to fill
[11:40] {ramvfin2003} LULU?
[11:42] {Threei} looks like bounce time LULU
[11:42] {ramvfin2003} entry?
[11:44] {Threei} good question
[11:52] {dino} leap stop to .70
[11:53] {dino} to .79
[11:53] {dino} out ave .78, +.38
[11:54] {dino} infy stopped -.30
[11:54] {dino} taking a 15 min. break
[11:59] {magoo} [14:43] {Threei} looks like bounce time LULU
[11:59] {magoo} [14:43] {ramvfin2003} entry?
[11:59] {magoo} [14:44] {Threei} good question
[11:59] {Threei} you have answer?
[12:00] {magoo} no sorry dino just taklking to me
[12:00] {magoo} i took 49
[12:00] {magoo} NICE one
[12:01] {magoo} waiting .84
[12:05] {magoo} sigh
[12:05] {magoo} .81\
[12:06] {ramvfin2003} RVBD?
[12:09] {dino} eric lod
[12:13] {Threei} 49.50 is where I would start looking for bounce RVBD, ram
[12:16] {dino} ostk l hl .50, stop .17
[12:28] {ramvfin2003} LULU?
[12:29] {Threei} wouldn't try for bottom until 47
[12:29] {ramvfin2003} k
[12:29] {dino} gtls?
[12:30] {Threei} don't see anything
[12:31] {dino} ty
[12:31] {dino} waiting for it
[12:32] {Threei} you got RVBD on dive to 49.50 ram?
[12:45] {ramvfin2003} LULU 47.00 long?
[12:45] {Threei} not per se... this is thew level where you look for signs of strengthening
[12:45] {Threei} not on the price alone
[12:46] {dino} l gtlsc .15
[12:47] {dino} out .40, +.25
[12:48] {dino} too soon
[12:57] {bruce} another tough trading day for me
[12:57] {bruce} hope tomorrow is better
[12:57] {Threei} hmmm
[12:58] {bruce} see you guys in am
[12:58] {Threei} I thought we did very well
[12:58] {magoo} not i
[12:58] {Threei} I am confused
[12:58] {bruce} I picked most of the failed trades
[12:58] {magoo} just u and dino i guess
[12:58] {dino} out ostk, .54, +.04
[12:58] {dino} thats it
[12:58] {Threei} one call after another worked like charm
[12:59] {trader88} Good calls today Vad. Thanks very much.
[12:59] {dino} i did well, but none of room calls
[12:59] {Threei} welcome... still confused but then, it's my usual state...
[12:59] {dino} no offense ment
[13:00] {Threei} none take dino, I know you walk your own path
[13:00] {Threei} taken
[13:00] {dino} :), i walk alone
[13:00] {Threei} see you tomorrow guys
[13:01] {markweb} see you
[13:01] {dino} mark, how you doing?
[13:07] {dino} gn all
Session Start: Tue Oct 16 21:30:44 2007
Session Time: Tue Oct 16 21:30:44 2007
Session Close: Wed Oct 17 00:00:00 2007
Session Time: Tue Oct 16 00:00:01 2007
[05:28] {bruce} morning all
[05:37] {Threei} Good morning
[05:37] {Threei} VCLK earnings miss
[05:40] {cosmo} ERIC miss/downgrade
[05:40] {cosmo} trying to get up off the floor
[05:43] {Threei} with this drop it can go up 5 points and still be on the floor
[05:43] {cosmo} call the paramedics
[05:44] {Threei} or sell ERIC as a mop
[05:45] {cosmo} yeah....its good for picking up the bathwater
[05:45] {Threei} and swiping babies under the rug?
[05:47] {cosmo} i would use a stiff broom for that
[05:48] {Threei} I am writing down invaluable tips
[05:49] {cosmo} i'd say they're worth $20 ea
[05:49] {cosmo} i'll take royalities tho
[05:50] {cosmo} royalties?
[05:50] {cosmo} .... need raven
[05:50] {Threei} we all do
[05:52] {Threei} little piece of news from BLDP...
[05:52] {Raven} Sigh ... morning all :)
[05:53] {Threei} sleeper for a long while... some day will stage a nice rally
[05:53] {Threei} Raven :)
[05:53] {Raven} Threei :)
[05:55] {Raven} cosmo ... check this out:
[05:55] {Raven} http://www.rrstar.com/homepage/x1429051683
[05:56] {cosmo} get those all the time around here
[05:56] {Raven} wrong
[05:56] {cosmo} refugies
[05:56] {Raven} only the 14th US sighting of that bird
[05:56] {Raven} refugees?
[05:56] {cosmo} yea
[05:57] {Raven} 12 sightings in Texas
[05:57] {cosmo} 14?
[05:57] {Raven} 14
[05:57] {cosmo} slackers
[05:57] {Raven} lol ... yes
[05:57] {Raven} I went to Beloit and saw that sucker
[05:57] {cosmo} what did they charge you?
[05:58] {Raven} it is still there as of Sunday
[05:58] {magoo} mjorning
[05:58] {Threei} magoo :)
[05:58] {Raven} stupid woman let us in free ...
[05:58] {cosmo} shes a saint
[05:58] {Raven} 700 came from all over the world in about 3 weeks
[05:59] {Raven} finally she halted the parade
[05:59] {Raven} hi M
[05:59] {Raven} a g
[05:59] {Raven} o
[05:59] {cosmo} 700? ...up from 14?
[05:59] {Raven} o
[05:59] {Raven} 700 people ... sheesh
[05:59] {cosmo} ah
[05:59] {Threei} {woman} 700 stupid people came from all over the world to watch little piece of meat with feathers... and ended up called ME stupid
[06:00] * Threei hides under the rock
[06:00] * Raven slaps Threei around a bit with a large trout
[06:00] * Raven slaps cosmo around a bit with a large trout
[06:00] {Threei} but I am under the rock
[06:01] * Raven slaps magoo around a bit with a large trout
[06:01] {Raven} there now
[06:01] {cosmo} well, nest time i c a green breasted mango i'll get a picture for you, R:)
[06:01] {cosmo} next
[06:01] {magoo} when is the season for those birds raven?
[06:01] * Raven slaps magoo around a bit with a large trout
[06:01] {magoo} as in hunting
[06:01] * Raven slaps magoo around a bit with a large trout
[06:02] {Raven} what a room
[06:02] {markweb} gm all
[06:02] {Threei} mark :)
[06:02] {markweb} :)
[06:02] {Raven} hi mark
[06:02] {markweb} hi
[06:03] {cosmo} they're giving ERIC oxygen i think
[06:04] {Raven} they?
[06:04] {cosmo} paramedics
[06:04] {Raven} oh them
[06:06] {Threei} on the other side... moppers look for a piece of floor they haven't wiped with ERIC yet
[06:06] {bruce} hi mark, raven
[06:06] {markweb} :)
[06:06] {Raven} bruce :)
[06:08] {cosmo} ERIC pre mkt high = 31 fyi
[06:09] {bruce} was dino holding bidu long overnight?
[06:09] {esemde} morning everyone....
[06:10] {bruce} hi ese
[06:10] {Threei} ese :)
[06:10] {markweb} ese:)
[06:14] {dino} gm all
[06:14] {markweb} dino:)
[06:14] {bruce} hi dino
[06:14] {Threei} dino :)
[06:14] {esemde} bruce mark dina vad
[06:15] {Threei} *SEPT INDUSTRIAL PRODUCTION: %0.1 V 0.1%E; CAPACITY UTILIZATION: 82.1 % V 82.1%E
[06:15] {Threei} - prior capacity revised to % from 82.2%
[06:15] {dino} yes bruce, just 100
[06:16] {cosmo} VCLK @ 24 test
[06:17] {bruce} k - thought so dino
[06:17] {bruce} orct forming nice premarket consolidation
[06:18] {magoo} citigrouop upgrades BRCM vad to target 52
[06:20] {magoo} TRAK down 5
[06:20] {dino} want 60 pts bruce, so will allow a bit of pullback.
[06:22] {bruce} k - nice size target
[06:24] {cosmo} VCLK @ 24 test ...still
[06:24] {magoo} ah BIDU...my ole friend
[06:24] {magoo} goog reports thurs and that affects bidu
[06:24] {magoo} anyone know when BIDU reports?
[06:26] {Threei} not this week
[06:27] {markweb} Oct 25, 2007 Q3 2007 Earnings Release - 4:00pm ET
[06:27] {markweb} Oct 25, 2007 Q3 2007 Earnings Conference Call - 8:00pm ET
[06:28] {Threei} you are scaring me mark
[06:28] {markweb} ?
[06:28] {Threei} wealth of knowledge
[06:28] {markweb} http://finance.google.com/finance?client=ob&q=BIDU
[06:29] {Threei} walking enciylopedy
[06:29] {magoo} nice mark
[06:29] {markweb} FLAT
[06:32] {bruce} charts out
[06:32] {Threei} ?
[06:33] {Threei} looks ok here
[06:33] {bruce} up again - switched server
[06:34] {Roman} SHOO
[06:34] {Threei} BRCM .50 long if stays above .35
[06:35] {Roman} SHOO could be major sqeezer
[06:37] {magoo} invalidated vad?
[06:37] {Threei} yeah
[06:37] {Threei} as a breakout at least
[06:37] {magoo} chart server vad?
[06:38] {Threei} bouncer, maybe
[06:38] {Roman} out SHOO
[06:38] {Threei} 3
[06:38] {magoo} 3 no work here
[06:38] {magoo} 4 ok
[06:39] {Roman} DSTI strange lately
[06:39] {Roman} on rdar
[06:40] {Threei} what's with SSTI?
[06:42] {Roman} ALTI spike with vol
[06:43] {Threei} BRCM, let's try to catch the pullback
[06:43] {magoo} u make the call boss..ill go
[06:44] {Threei} this break was rather a trap with NQ downticking, pullback hoqwever may work
[06:45] {Threei} sheesh... not happening
[06:45] {magoo} the upgrade boss
[06:45] {Threei} {shrug}
[06:45] {magoo} 52 target
[06:45] {Threei} since when upgrades mean anything
[06:46] {magoo} since 1999
[06:47] {Threei} NVDA
[06:47] {Threei} .80 break long
[06:47] {Threei} .64 stop
[06:48] {magoo} in
[06:49] {magoo} naz killed it
[06:49] {Threei} BRCM, this is more like it
[06:49] {Threei} finger on a trigger
[06:50] {Threei} in
[06:50] {magoo} let me know entry u get
[06:50] {Threei} .20
[06:50] {ramvfin2003} in .21
[06:50] {magoo} in .23
[06:50] {Threei} stop 42.09 for scalpers, under 42 for daytraders
[06:51] {ramvfin2003} l NVDA .82
[06:51] {Threei} out half .45
[06:51] {Threei} stop to .14
[06:52] {ramvfin2003} target on NVDA?
[06:53] {Threei} half at 1:1 for me
[06:53] {ramvfin2003} k
[06:53] {magoo} out .51 TY vad
[06:53] {Threei} if you feel like taking scalp can't blame you
[06:53] {ramvfin2003} out BRCM .49
[06:53] {Threei} welcome sir
[06:53] {Threei} NVDA out half
[06:54] {Threei} stop to .79
[06:54] {Threei} BRC{ stop to .24
[06:54] {Threei} BRCM
[06:55] {Threei} to .35 now
[06:56] {Roman} GIGA
[06:56] {Threei} offering 1/4 more BRCM at .61
[06:56] {Roman} long small
[06:56] {magoo} out nvda .96
[06:56] {magoo} ty vad
[06:56] {Threei} hit BRCM
[06:56] {Threei} welcome
[06:57] {Threei} offering 1/4 more NVDA 37.01
[06:57] {bruce} how did you figure first brcm break would be fakeout vad?
[06:58] {dino} l hl star .50
[06:58] {Roman} ALTI radar
[06:58] {Roman} CRDC long small, possible bounce
[06:58] {esemde} CPSL going nuts
[06:59] {Threei} NQ was very unstable at the moment bruce, BRCM whatever moves it is still one of those that mostly move with market... volume wasn't very impressive on break, no that mad pace"
[06:59] {Roman} in CRDC 11.26
[06:59] {Threei} taken on NVDA btw
[07:00] {Threei} stop to .85 for the last piece
[07:00] {bruce} k - I didn't notice that
[07:00] {ramvfin2003} out NVDA + .18
[07:00] {ramvfin2003} ty
[07:01] {Threei} welcome
[07:01] {Threei} done with BRCM
[07:01] {Threei} it's not even that I "figured it"
[07:01] {Threei} it was just more probable outcome of the break at the moment, pullback was much more reliable trade
[07:01] {dino} hl l dwsn .07
[07:02] {magoo} u had nice read on it vad
[07:02] {Threei} ty
[07:02] {cosmo} VCLK hod = 24.89 ...so far
[07:03] {Threei} done with NVDA
[07:03] {magoo} when u say "done" u no read for rest of day?
[07:03] {Threei} no, why... just finished current trade
[07:04] {magoo} oh...ok
[07:04] {magoo} sounds so final..DONE
[07:04] {magoo} lol
[07:04] {magoo} watching CPSL
[07:04] {magoo} not in
[07:04] {Threei} life of a day trader, you know... done this second... undone next {G}
[07:05] {bruce} ctxs short setup?
[07:05] {magoo} someday i gonna daytrade
[07:05] {dino} rprx
[07:07] {dino} and someday i'll make food that all kids will like
[07:08] {magoo} i can't wait dino : )
[07:08] {cosmo} eric
[07:08] {dino} lol
[07:08] {Threei} tough call bruce
[07:08] {bruce} k
[07:09] {Threei} my inclination is on short side with this one
[07:09] {dino} dish
[07:09] {Threei} but market overall shows nice strength
[07:10] {dino} rprx s hgl .33
[07:11] {Threei} SEED woke up
[07:12] {Threei} OK CTXS... .90 short if stays below 42.10, ideally under 42.05
[07:14] {dino} out star .10, +.60
[07:14] {Roman} IFON pop
[07:15] {Threei} nice one dino
[07:15] {dino} ty
[07:17] {dino} out dwsn .32, +.25
[07:17] {Threei} 42.06 stop
[07:17] {dino} mkt drop
[07:17] {magoo} in ctxs sh
[07:17] {Threei} 1:1 in a hurry
[07:18] {dino} fwiw bstop on rprx is .62
[07:19] {ramvfin2003} missed CTXS too late to get in?
[07:19] {Threei} valid entry
[07:19] {Threei} bounced into new resistance
[07:20] {Threei} DISH
[07:20] {Threei} MOVES HIGHER ON REPORT AT&T HAS HIRED GOLDMAN SACHS TO EXPLORE ACQUISITION OF DISH
[07:21] {dino} at&t looking, my news
[07:22] {dino} staying away
[07:29] {dino} tbsi wow
[07:32] {dino} missed
[07:33] {esemde} hello ....am i still disconnected
[07:34] {Threei} no, you are here
[07:34] {Roman} u still in CTXS?
[07:34] {Threei} but I see your connection bouncing twice
[07:34] {Roman} stop .06?
[07:34] {Threei} yes Roman
[07:35] {esemde} Vadd dcc when you get a moment
[07:42] {dino} hl l eric .00
[07:44] {dino} star hl l .70, stop .46
[07:45] {dino} eric stop is lod
[07:49] {Threei} ALTI .21 long if stays above .10
[07:53] {Threei} half out CTXS
[07:53] {Threei} stop to 42.01
[07:53] {Threei} CPSL, watching for pullback into 10.50 to find an entry
[07:56] {Threei} no pullback,,, frenzy seems to be back
[08:00] {dino} dman
[08:01] {ramvfin2003} ALTI still on a break of .21?
[08:01] {Threei} same condition
[08:01] {Threei} if not losing .10 anymore
[08:01] {dino} risky dman l .77
[08:01] {dino} hl
[08:01] {ramvfin2003} k ty
[08:02] {Threei} TREASURY' PAULSON: HOUSING DECLINE STILL UNFOLDING, NUMBER OF TROUBLED PRIME LOAN BORROWERS RISING
[08:03] {dino} shocking
[08:03] {dino} closing monday, will be looking for a replacement
[08:05] {Threei} adrenalin-inducing call:
[08:06] {Threei} RCH, small shares long if 16 getting hit
[08:06] {dino} bidu coming on
[08:09] {Threei} magoo... this one is for your eyes only
[08:09] {Threei} LULU
[08:09] {Threei} if pulls back into 46.50
[08:09] {dino} dman stopped .51 -.26
[08:09] {dino} rinse
[08:14] {Threei} and if holding above 47, then 47.50 becomes long
[08:17] {bruce} rprx long?
[08:18] {Threei} half lot... thin one
[08:18] {bruce} k
[08:20] {dino} rprx stopped -.30
[08:27] {magoo} 'back
[08:27] {magoo} had a banker in here
[08:28] {ramvfin2003} anyone in LULU?
[08:28] {magoo} anywho...is LULU currenyt call, and RCH valid still?
[08:28] {Threei} yes
[08:28] {Threei} RCH broke already and spiked
[08:28] {magoo} so RCH i misse?
[08:29] {magoo} but LULU'
[08:29] {Threei} I think so
[08:29] {Threei} LULU is active
[08:30] {ramvfin2003} l LULU .50
[08:30] {Threei} 48 is coming with any luck
[08:30] {Threei} but you need luck with this one
[08:30] {esemde} have a great day everyone....
[08:31] {Threei} take care ese
[08:31] {markweb} dini, INFY?
[08:31] {magoo} bye Es
[08:31] {markweb} sry DINO
[08:32] {Threei} NASDAQ is about to go green
[08:32] {bruce} bye ese
[08:33] {ramvfin2003} INFY getting hit
[08:33] {Threei} green NQ
[08:34] {dino} lol
[08:34] {dino} hmmm
[08:35] {markweb} 46.45 support
[08:35] {magoo} l rch ,50
[08:36] {magoo} waiting .99
[08:36] {Threei} you are scarier than INFY, mags
[08:39] {magoo} it looks good to go vad
[08:39] {magoo} half
[08:40] {dino} l leap .03 hl
[08:40] {Threei} OK, INFY:
[08:40] {Threei} INDIA ADRS MOVE LOWER IN US TRADING AFTER INDIAN REGULATOR PROPOSES TIGHTENING RULES FOR PURCHASING SHARES AND BONDS IN LOCAL COMPANIES THROUGH OFFSHORE DERIVATIVE INSTRUMENTS
[08:40] {Threei} REDF and SIFY should be affected too
[08:41] {ramvfin2003} come on LULU
[08:47] {ramvfin2003} CFC short?
[08:47] {dino} out eric .24, +.24
[08:48] {Threei} .48, CFC... .61 stop
[08:53] {dino} infy again drops
[08:55] {ramvfin2003} Vad would u play CFC short @ .48?
[08:56] {Threei} not exactly my cup of tea
[08:56] {ramvfin2003} k
[08:56] {Threei} xide
[08:57] {dino} l infy .25, hl, crazy
[08:59] {magoo} stopped out RCH ,40 -dime
[09:08] {dino} infy stop to .65
[09:09] {dino} out +.40
[09:09] {dino} ty mark
[09:09] {markweb} gj dino!
[09:09] {dino} ty
[09:10] {dino} lucky entry
[09:13] {dino} ahhh, meatloaf sandwich
[09:15] {dino} ostk?
[09:15] {markweb} ostk
[09:16] {markweb} sry
[09:16] {Threei} SOUTHERN CALIFORNIA HOMES SALES DROPPED 49% LAST MONTH
[09:17] {Threei} OSTK was downgraded in the morning
[09:17] {Threei} don't see anything else
[09:18] {dino} yeah, thats all i'm seeing on it
[09:19] {Threei} that's one wierd stock, with one wierd CEO
[09:20] {Threei} TURKISH CENTRAL BANK CUTS BASE RATE 50 BP TO 16.75%
[09:21] {Threei} not that we care very much, but look at their interest
[09:21] {dino} gearing up for war
[09:21] {Threei} EIA: TIGHT GLOBAL OIL MARKET NEEDS OUTPUT INCREASE TO LOWER CRUDE PRICES - WIRE CITING ANALYST
[09:22] {Threei} that's one wise analyst
[09:22] {magoo} roflol
[09:22] {Chaeron} aren't they all?
[09:22] {dino} thats an anal-yst
[09:23] {Chaeron} place a "c" where your "-" is....
[09:23] {magoo} huh??
[09:23] {Chaeron} ooohhhh kay... either you didn't get it or it wasn't funny...
[09:24] {Threei} both chaeron
[09:24] {dino} lol
[09:24] {Chaeron} anal cyst
[09:24] {Chaeron} *sigh*
[09:24] {dino} well, you know what they say.... there's a chair for every ass
[09:24] {Chaeron} what did you call me???????
[09:24] {dino} lol
[09:24] {Chaeron} hehehe
[09:24] {Threei} chair I think
[09:25] {Threei} as in boss
[09:26] {magoo} maybe so..dino...but the second rat gets the cheese
[09:28] {ramvfin2003} LULU movin
[09:29] {dino} and magoo's in his tu-tu
[09:30] {Threei} my eyesa
[09:30] {dino} scanner all green
[09:33] {Threei} LULU 48
[09:33] {dino} star stop to .98
[09:43] {dino} out star .00, +.30
[09:45] {Threei} CPHD half lot 23.05 long if stays above 22.90
[09:46] {dino} ostk hl l .62, stop .34
[09:48] {bruce} cphd invaliud?
[09:48] {Threei} yeah, unless goes through new consolidation
[09:48] {bruce} k
[09:52] {magoo} out LULU .48 here now
[09:52] {magoo} TY vad
[09:52] {Threei} welcome
[09:52] {Threei} let me repeat.... you are once scary guy magoo
[09:53] {magoo} once? as in "used to be?
[09:53] {Threei} -c = one
[10:00] {Threei} who is NAHB?
[10:01] {Threei} OCT NAHB HOUSING MARKET INDEX: 18 V 19E
[10:01] {Threei} for russian ear sounds very indecent
[10:01] {magoo} north amer housing bureau
[10:01] {Threei} ahh... you ruined it for me magoo
[10:01] {magoo} whats magoo mean in russian again
[10:01] {magoo} handsome?
[10:01] {Threei} lol
[10:02] {Threei} "I can"
[10:02] {Threei} roman, mark... what does NAHB sound like to you? {G}
[10:02] {markweb} pss
[10:02] {Threei} lol
[10:03] {Threei} VCLK recovery still looks steady
[10:05] {Threei} AMLN
[10:05] {Threei} FDA ISSUES ALERT ON BYETTA- reviewd 30 reports of acute pancreatitis in patients
[10:06] {ramvfin2003} play on VCLK?
[10:08] {Threei} pullback closer to 25 would be what I am interested in... otherwise too iffy
[10:09] {Threei} AMLN mesmerizing
[10:10] {dino} l .40 amln
[10:10] {markweb} NO!:)
[10:11] {dino} :)
[10:11] {markweb} you are..........................
[10:12] {Threei} FDA ISSUES ALERT ON BYETTA, CALLS FOR DISCONTINUATION OF USE IF IN PATIENTS WITH SUSPECTED PANCREATITIS; CO. AGREES TO ADD WARNING ABOUT PANCREATITIS ON LABEL - WIRE HEADLINE- reviewed 30 reports of acute pancreatitis in patients; association between Byetta and acute pancreatitis suspected in some cases
[10:13] {dino} out .20, +.80
[10:13] {markweb} .
[10:13] {Threei} and we thought dino was sane one among two brothers
[10:14] {dino} c'mon, 500 shares, w/.50 stop
[10:16] {Threei} roman, look dcc please
[10:17] {ramvfin2003} INFY for a bouce?
[10:18] {Threei} if OK with 46.80 stop
[10:18] {ramvfin2003} k ty
[10:19] {ramvfin2003} l INFY .03
[10:19] {Threei} GMTN TICKS HIGHER ON POSITIVE MENTION BY CNBC GUEST ANALYST COVERING 'HOT STOCKS UNDER $20'
[10:20] {Threei} lol, 1:1 in a joffy
[10:20] {Threei} jiffy too
[10:20] {Threei} don't marry it ram
[10:21] {ramvfin2003} waiting for .49
[10:21] {Threei} cool beans
[10:21] {Threei} wtg
[10:21] {ramvfin2003} out .52
[10:21] {ramvfin2003} ty vad
[10:21] {Threei} your find
[10:23] {dino} ugh dwsn, i take a quarter at 76.32
[10:23] {dino} nice ram
[10:26] {ramvfin2003} GMTN long?
[10:28] {Threei} CNBC hype... can go either way
[10:29] {ramvfin2003} ill pass..only follow your lead boss :)
[10:29] {Threei} no pressure eh?
[10:30] {Threei} as if I needed second magoo {G}
[10:30] {Threei} one is enough to cause me premature heart attack :)
[10:30] {ramvfin2003} lol
[10:32] {magoo} vad..HEY!
[10:32] {Threei} lol
[10:32] {Threei} I was wondering, you asleep or what :)
[10:34] {dino} lulu
[10:35] {Threei} oh btw, since we are on wisdom nuggets today
[10:35] {Threei} WHITE HOUSE: CURRENT ENERGY PRICES ARE TOO HIGH, PRICES ARE "VERY CONCERNING"- expanding use for alternative energy fuels is key to addressing supply issues
[10:35] {Threei} clap clap clap is in order I think
[10:37] {Threei} LULU, did I really say 48?
[10:37] {Threei} I think I am not much more advanced than all these think-tanks I am quoting today...
[10:37] {magoo} did you really say i was nuts @ 48.48?
[10:38] {Threei} no, that was a good sell, you were nuts when entered
[10:38] {Threei} but then again, I knew that... that's why I designated the trade as "for your eyes only"
[10:39] {magoo} oh i feel much..much better
[10:39] {Threei} and what do you think, ram tugged along, lol
[10:43] {dino} leap stop to .02, not moving
[10:44] {bruce} immu long?
[10:44] {dino} stopped -.01\
[10:44] {magoo} any read AAPL vad?
[10:45] {magoo} and don't maske something up
[10:46] {dino} ok, leap l hl .70
[10:48] {Threei} no magoo, sorry
[10:48] {magoo} how about CPSL?
[10:49] {Threei} I would prefer pullback on IMUU bruce
[10:49] {Threei} IMMU
[10:49] {Threei} 3.20 is support
[10:49] {Threei} CPSAL is in support zone on this pullback
[10:49] {Threei} CPSL
[10:50] {Threei} I don't know if it has gas left for today, but if go for it, try support rather than breakout
[10:50] {magoo} agree
[10:52] {bruce} thnx vad
[10:52] {Threei} US HOUSE PASSES 4 YEAR BAN ON INTERNET ACCESS TAXES - WIRE HEADLINE- Passed ahead of Nov 1 dealine, now headed to Senate
[10:53] {dino} ostk out .82, +.20
[10:55] {Threei} TURKISH PM: NO IMMEDIATE IRAQ OPERATIONS EVEN WITH PARLIMENT APPROVAL - WIRE
[10:56] {dino} out leap .00, +.30
[10:59] {Chaeron} [09:20] {Threei} TURKISH CENTRAL BANK CUTS BASE RATE 50 BP TO 16.75%
[10:59] {Chaeron} [09:21] {Threei} not that we care very much, but look at their interest
[10:59] {Chaeron} [09:21] {dino} gearing up for war
[10:59] {Chaeron} dino smart cookie
[10:59] {dino} not really
[11:00] {Chaeron} well at least nice trades on your last two :)
[11:00] {dino} ty
[11:00] {dino} in scalpers mode over goal
[11:02] {dino} drys getting tagged
[11:02] {dino} upgraded to 160 and drops 10, someone wanted out at jefferies
[11:03] {ramvfin2003} wow LULU
[11:03] {ramvfin2003} BIIB long?
[11:08] {Threei} REPORTS 3Q $0.17 V $0.18E, INCREASES DIVIDEND TO $0.12 FROM $0.105
[11:08] {Threei} HCSG
[11:15] {Threei} IRAN AND RUSSIA AGREE THAT RUSSIA WILL COMPLETE THE BUSHEHR NUCLEAR POWER STATION ON SCHEDULE
[11:18] {dino} infy hl l .29
[11:19] {dino} iran must have called off the hit on putin
[11:19] {Threei} lol
[11:21] {Threei} CBC just reported that 1/3 of LULU float is shorted
[11:21] {Threei} no idea how accurated it is
[11:21] {Threei} -d
[11:24] {magoo} c'mon vad,,,find something
[11:24] {ramvfin2003} OCNW?
[11:25] {Threei} 11:48am [OCNW] Moves lower after filing quarterly reportmore.. - guided Q3 R$ to decline substantally relative to the quarter eneded June 30th
[11:27] {dino} no naked shorts starts soon
[11:27] {dino} they will need to cover
[11:30] {Threei} for those who need something to kill the time while waitng for a trade:
[11:30] {Threei} http://www.news.com.au/heraldsun/story/0,21985,22556281-661,00.html
[11:32] {dino} infy stop is .97 fwiw
[11:35] {dino} risky l leap .40
[11:35] {dino} hl
[11:36] {dino} didn't expect that to fill
[11:40] {ramvfin2003} LULU?
[11:42] {Threei} looks like bounce time LULU
[11:42] {ramvfin2003} entry?
[11:44] {Threei} good question
[11:52] {dino} leap stop to .70
[11:53] {dino} to .79
[11:53] {dino} out ave .78, +.38
[11:54] {dino} infy stopped -.30
[11:54] {dino} taking a 15 min. break
[11:59] {magoo} [14:43] {Threei} looks like bounce time LULU
[11:59] {magoo} [14:43] {ramvfin2003} entry?
[11:59] {magoo} [14:44] {Threei} good question
[11:59] {Threei} you have answer?
[12:00] {magoo} no sorry dino just taklking to me
[12:00] {magoo} i took 49
[12:00] {magoo} NICE one
[12:01] {magoo} waiting .84
[12:05] {magoo} sigh
[12:05] {magoo} .81\
[12:06] {ramvfin2003} RVBD?
[12:09] {dino} eric lod
[12:13] {Threei} 49.50 is where I would start looking for bounce RVBD, ram
[12:16] {dino} ostk l hl .50, stop .17
[12:28] {ramvfin2003} LULU?
[12:29] {Threei} wouldn't try for bottom until 47
[12:29] {ramvfin2003} k
[12:29] {dino} gtls?
[12:30] {Threei} don't see anything
[12:31] {dino} ty
[12:31] {dino} waiting for it
[12:32] {Threei} you got RVBD on dive to 49.50 ram?
[12:45] {ramvfin2003} LULU 47.00 long?
[12:45] {Threei} not per se... this is thew level where you look for signs of strengthening
[12:45] {Threei} not on the price alone
[12:46] {dino} l gtlsc .15
[12:47] {dino} out .40, +.25
[12:48] {dino} too soon
[12:57] {bruce} another tough trading day for me
[12:57] {bruce} hope tomorrow is better
[12:57] {Threei} hmmm
[12:58] {bruce} see you guys in am
[12:58] {Threei} I thought we did very well
[12:58] {magoo} not i
[12:58] {Threei} I am confused
[12:58] {bruce} I picked most of the failed trades
[12:58] {magoo} just u and dino i guess
[12:58] {dino} out ostk, .54, +.04
[12:58] {dino} thats it
[12:58] {Threei} one call after another worked like charm
[12:59] {trader88} Good calls today Vad. Thanks very much.
[12:59] {dino} i did well, but none of room calls
[12:59] {Threei} welcome... still confused but then, it's my usual state...
[12:59] {dino} no offense ment
[13:00] {Threei} none take dino, I know you walk your own path
[13:00] {Threei} taken
[13:00] {dino} :), i walk alone
[13:00] {Threei} see you tomorrow guys
[13:01] {markweb} see you
[13:01] {dino} mark, how you doing?
[13:07] {dino} gn all
Session Start: Tue Oct 16 21:30:44 2007
Session Time: Tue Oct 16 21:30:44 2007
Session Close: Wed Oct 17 00:00:00 2007
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