Session Start: Thu Nov 01 00:00:01 2007
Session Time: Thu Nov 01 00:00:01 2007
[05:27] {bruce} morning all
[05:28] {Threei} morning bruce
[05:41] {esemde} morning Bruce Vad
[05:43] {Threei} ese :)
[05:43] {esemde} Got rid of the rest of ESLR yesterday Vad at 11.96 +.47 or something
[05:43] {Threei} wtg
[05:43] {Threei} great trade
[05:44] {esemde} yes....it took that one last push up there....
[05:44] {bruce} hi ese - congrats ontrade
[05:44] {Threei} ESLR showed somewhat unusual for it pattern yesterday
[05:45] {Threei} usually this one trades on its own merit, not much to do with market
[05:45] {esemde} yes ....
[05:45] {Threei} but yesterday it went up big when market did
[05:45] {Threei} maybe it becomes more of a mainstream stock
[05:46] {esemde} hmmmm....i have been following the solar group for awhile like Roman has
[05:46] {esemde} maybe the whole group is about to go.....
[05:47] {Threei} quite possible, they showed some perkiness lately
[05:47] {Threei} just need mania to catch on
[05:48] {Threei} when mania hits nothing matters... any name in the sector goes
[05:48] {Threei} when mania ends nothing helps... no matter how great company is, interest just vanes
[05:48] {Threei} look at most recent mania, chinese stocks
[05:49] {Threei} while they are hot everyone discusses "this one is good company, this one is even better"
[05:49] {esemde} yes indeed
[05:49] {Threei} then for this or that reason sector chilles out
[05:49] {Threei} and no matter what, there is just no money flowing into them
[05:50] {bruce} how do you track stocks by sectors guys- is it all done by memory?
[05:50] {Threei} that's the problem with fundamental approach... it's based on assumption that good one will catch on sooner or later
[05:51] {Threei} but it just has no tools to gauge the interest
[05:52] {Threei} there are sites that give you stock breakdown by sectors and industries bruce
[05:52] {Threei} list competitors etc
[05:52] {Threei} don't have them on top of my memeory but they are legion
[05:52] {Threei} yahoo financials should have it
[05:52] {bruce} have seen some vad - yahoo and msn money among them
[05:52] {Threei} nasdaq site
[05:52] {Threei} and a lot of ot others
[05:53] {bruce} dont have time during real time trading to be sorting thru them
[05:53] {bruce} would be nice to have some way to scan for hottest - weakest daily sector
[05:53] {bruce} then identify top 3 strong and weak in each
[05:54] {Threei} yeah, I am often done with the gtrade before thoughtful trader finds out what sector stock in :)
[05:54] {Threei} there is something like that too
[05:54] {cosmo} UTHR
[05:54] {Threei} I remember sites with "market temperature" or something like that
[05:54] {Threei} broken down by sectors
[05:54] {cosmo} "heat map"
[05:54] {Threei} and stocks in them
[05:55] {bruce} k - havenb't seen that - but sounds like goodidea
[05:55] {Threei} showing just what you said
[05:55] {bruce} I do a bit of sector trading - financials, internet etc
[05:56] {bruce} but comes down to looking at sector chart to compare them
[05:56] {bruce} and then memorizing a few keyu stocks in that sector
[05:57] {esemde} what cos said heat amp...heat map
[05:57] {bruce} yeah - heat map - have heard that description used
[05:57] {Threei} http://www.smartmoney.com/marketmap/
[05:57] {cosmo} http://screening.nasdaq.com/heatmaps/heatmap_100.asp
[05:57] {Threei} there you go
[05:57] {cosmo} "
[05:58] {bruce} k
[05:58] {bruce} not something you use yourself vad?
[05:58] {Threei} I am just too lazy
[05:58] {Threei} but it can be useful
[05:58] {bruce} lol
[05:59] {bruce} important thing is to have a working trading method
[05:59] {bruce} and yous already works for you
[05:59] {Threei} not only secotrs but also hottest and weakest stock in each sector
[05:59] {Threei} at this smartmoney map
[05:59] {bruce} yes - have been looking for something like that
[06:00] {bruce} also rememeber you talking about a strategy of trading leaders and lagards
[06:00] {bruce} trading a laggard after leader has taken a certain acdtion
[06:00] {bruce} bet that would work well with sector trading style
[06:00] {esemde} that NAS heap map only updates every couple of minutes or so doesn't it.....it's not real time i don't think
[06:01] {bruce} would think that is good enough ese
[06:01] {bruce} I think money tends to flow into particular sectors all day long once started
[06:02] {Threei} click on any stock, a lot of info pops up
[06:02] {esemde} not for Vads style or trading.......
[06:02] {Threei} research top your heart conent
[06:02] {bruce} have heard thqat "sector rotations" are faster now though
[06:02] {bruce} used to last for months
[06:03] {bruce} or so I read
[06:03] {bruce} didn't trade in 90s so don
[06:03] {bruce} t know
[06:05] {bruce} we don't seem to be getting a lot of stock follow through lately vad
[06:06] {bruce} a lot of the partial out trades dont trade further on second half
[06:06] {Threei} gosh, haven't you seen what NQ did last two weeks? :)
[06:06] {Threei} what follow through, it's been such a rollercoaster
[06:06] {bruce} even though you are trading strngest movers for that time and eday
[06:06] {bruce} seems odd
[06:07] {dptl} good morning all
[06:07] {Threei} dp :)
[06:08] {dino} gm all
[06:08] {esemde} dp dino
[06:08] {Threei} dino :)
[06:09] {bruce} hi dino
[06:09] {bruce} dp
[06:09] {bruce} big dump crox dino
[06:09] {esemde} how you doin today dino.... seemed like a bit of a rough day fro you yesterday
[06:10] {dino} fine, yesterday was very good for me over 2x's daily
[06:11] {dino} tuesday was tough, but still green
[06:11] {esemde} excellent......
[06:12] {dino} will be watching crox bruce, thx
[06:12] {cosmo} there's green on the far side of the hill...they say
[06:12] {dino} :)\
[06:12] {esemde} does anyone know much about warrants.....are they a positive or negative thing.....CPSL just issued a wach of them....usually institutions will want to drive up stock after they acquire them....correct?
[06:13] {esemde} Thats "wack"
[06:14] {esemde} might be a capitulation thing going on in CPSL....
[06:14] {markweb} gm all
[06:14] {Threei} mark :)
[06:14] {esemde} mark
[06:14] {markweb} :)
[06:15] {cosmo} China Precision Steel Announces $47.9 Million Financing
[06:15] {cosmo} PR Newswire (Thu 12:05am)
[06:16] {esemde} saw the news wire....just wondering if it's positive or negative thing...
[06:16] {cosmo} negative.... i think
[06:16] {esemde} have been following this one for a bit
[06:16] {bruce} hello mark
[06:17] {esemde} if the strike price is 8.45 they are going to want to drive the price up beyond that ....correct
[06:18] {esemde} wash out going today i think...
[06:18] {cosmo} ... nice knife
[06:19] {esemde} knife
[06:19] {esemde} ?
[06:19] {cosmo} the falling kind
[06:19] {cosmo} here...catch
[06:20] {cosmo} CPSL needs to hold 7
[06:20] {cosmo} i think
[06:20] {esemde} thats wheree the 50ma is
[06:25] {dino} cosmo, forver the teacher
[06:25] {esemde} man after my own heart
[06:26] {cosmo} "for ever"?
[06:26] {cosmo} CPSL tests
[06:30] {cosmo} hmm... nice knife still...
[06:30] {cosmo} who knows...
[06:31] {cosmo} 6.66
[06:32] {dino} pdgi
[06:33] {bruce} uthr
[06:34] {dino} pdgi hl s .75, stop .16
[06:35] {magoo} hi
[06:37] {Threei} magoo :)
[06:37] {bruce} morning mags
[06:37] {Threei} watching JNPR
[06:37] {Threei} how it handles this NQ pullback
[06:37] {Threei} if stays above .85, break is long
[06:38] {dino} bstop to .21
[06:38] {bruce} nice call pdgi dino - missed it
[06:38] {dino} to .01
[06:39] {dino} to .55
[06:39] {Threei} prefer aggressive entry on JNPR now, with NQ showing reversal
[06:39] {dino} stopped 36.54 +1.21
[06:40] {dino} ty bruce
[06:40] {Threei} in
[06:41] {Threei} tight stop, .74
[06:41] {dino} need coffee
[06:43] {bruce} stopped jnpr
[06:44] {Threei} nice shake
[06:45] {bruce} - yes - story of my life
[06:45] {bruce} worth second try?
[06:46] {dino} going down hard -222 dow
[06:46] {dino} where's my bounce
[06:46] {Threei} with NQ so jerky right now, no
[06:46] {dino} feels like 300 down coming
[06:46] {Threei} 8 points in one minute
[06:47] {dino} sitting for a bit
[06:52] {dino} plxs
[06:53] {Threei} POZN 10 break long
[06:54] {dino} sm l crox 54.00
[06:55] {Roman} ESLR
[06:55] {Roman} interesting
[06:56] {Threei} you missed all the excitment on it yesterday
[06:56] {dptl} Vad,quote server?pls
[06:56] {dino} stoped crox -.44
[06:56] {Threei} 2
[06:56] {dptl} ty
[06:57] {bruce} seeing moreshort drops than working long bounces lately dino
[06:57] {Threei} don't like this sharp red on POZN
[06:58] {bruce} I waited for 10 resitance on pozn to "emlt"
[06:58] {bruce} good thing
[06:59] {Roman} MALL
[06:59] {Threei} of course... there was big resistance, no point in being first to buy
[06:59] {Roman} MALL reported earnings a few days ago
[07:00] {Roman} i am watching this one for complete tear up over $20
[07:00] {Roman} but slow
[07:00] {Threei} OCT ISM MANUFACTURING: 50.9 V 51.5E; PRICES PAID: 63 V 63.0E
[07:05] {Threei} ATHR
[07:06] {Threei} half lot to smaller, .50 break long
[07:06] {Threei} .29 stop
[07:08] {esemde} bstop CPSL 6.85....
[07:08] {dino} cpla
[07:08] {dino} thin
[07:08] {Threei} if sets up, 36 shouldn't be a problem
[07:09] {Threei} charts are ideal in all timeframes
[07:10] {Threei} if sets up from here, stop .35
[07:14] {Roman} XRAY
[07:14] {Roman} stong
[07:14] {Roman} and WOOF
[07:15] {Threei} TQNT?
[07:17] {Threei} no news that I see
[07:17] {Roman} CSIQ strong
[07:19] {dino} cpla hl s .60
[07:21] {Roman} vad, what's up with Canadian Solar: CSIQ, give some insight please
[07:21] {Threei} consider please that I found about it being canadian 5 seconds ago, from you
[07:23] {Roman} WATG continues
[07:23] {dino} cpla stopped ouch
[07:23] {dptl} Vad, is your quotes ok?
[07:24] {Threei} looks fine
[07:24] {Roman} GNBT
[07:24] {Threei} unless I have delays I am not aware about... let's compare?
[07:24] {dptl} i have stack quotes everywhere
[07:24] {Threei} name the stock
[07:24] {dptl} well check jnpr
[07:25] {Threei} 09:15am [GNBT] Receives Regulatory Approval to Sell Generex Oral-lyn in India
[07:25] {Threei} 35.17 x .19
[07:25] {Threei} .18 x .20
[07:25] {Threei} .21 x.22
[07:25] {Threei} looks fine
[07:25] {bruce} cpla stop dino?
[07:26] {Threei} yours different dp?
[07:26] {Roman} DRYS bouncing
[07:26] {Roman} QMAR & EGLE could go with it
[07:26] {dino} bruce see above 10:24
[07:26] {dino} right through me -.55
[07:26] {dptl} offers fine but bits i have stacked like all the way from 35.65
[07:27] {dptl} bids
[07:27] {Threei} wierd... nothing like that here
[07:27] {bruce} k - din't play it - it didn't give you much chance for decent exit
[07:27] {dino} drys positive, watch egle ocnf tbsi
[07:28] {dino} egle l .96 hl
[07:28] {dptl} changing quote server and its the same
[07:28] {dino} cpla too gappy, my own damn fault
[07:29] {Threei} wow GNBT
[07:29] {Threei} last time it moved like that was in June
[07:29] {dptl} what quote server now,Vad?
[07:30] {Threei} 4
[07:30] {Threei} dp, try this
[07:30] {Threei} trade settings,
[07:30] {Threei} Level II,
[07:30] {Threei} Time treshold,
[07:30] {Threei} set to 0
[07:30] {Threei} EIA NATURAL GAS INVENTORIES: 66+ BCF VS. + 50 TO +55 BCF EXPECTED RANGE
[07:30] {Roman} nice buying on GNBT
[07:31] {dino} india approval gnbt
[07:31] {Roman} they probably want to pop it higher
[07:31] {Threei} [10:25] {Threei} 09:15am [GNBT] Receives Regulatory Approval to Sell Generex Oral-lyn in India
[07:31] {dino} cpla sheesh, sould've held
[07:31] {Roman} [10:31] {Threei} [10:25] {Threei} 09:15am [GNBT] Receives Regulatory Approval to Sell Generex Oral-lyn in India
[07:31] {Threei} [10:31] {Roman} [10:31] {Threei} [10:25] {Threei} 09:15am [GNBT] Receives Regulatory Approval to Sell Generex Oral-lyn in India
[07:31] {Roman} tempting to do it again :)
[07:31] {Threei} lol
[07:32] {Roman} but since this log is made public i have to chill
[07:33] {dptl} no....still the same
[07:33] {Roman} http://www.realitytrader.com/tradinglog/
[07:33] {Roman} the log is avaiable public, Vad has Google ads on there too
[07:33] {Roman} feel free to browse
[07:33] {Threei} something must be wrong somewhere in settings dp... not sure what it is
[07:34] {Threei} laserdave is away for a few days, death in family...
[07:34] {markweb} ATHR vad?
[07:34] {Threei} when he is back, make him track down the setting
[07:34] {dptl} and i have that everywhere and too often
[07:35] {Threei} mark, break of .50 is extremely lucrative... pullback was deeper than I would have liked
[07:35] {Roman} CSUN high
[07:35] {markweb} ty
[07:35] {Threei} so maybe widen the stop, decrease tha shares
[07:36] {Roman} long GOLD small
[07:36] {Threei} if often then even more chance that some setting is off dp
[07:36] {Roman} 36.10
[07:36] {Threei} because when it happens for everyone, it's a big deal and being addressed quickly
[07:37] {dino} any egle takers?
[07:37] {Roman} i am in QMAR
[07:37] {markweb} no:( dino
[07:37] {dino} stop to .24
[07:37] {dino} don't blame you, i went cold on two
[07:38] {dino} egle to .35
[07:38] {dino} out egle .38., +.40
[07:39] {dino} taking a break
[07:39] {bruce} nice dino
[07:42] {Roman} out 1/2 QMAR +.30
[07:43] {Threei} trigger ATHR
[07:47] {dino} ty bruce
[07:47] {Roman} out GOLD +34
[07:47] {dino} back in black at least
[07:47] {dino} wow egle
[07:47] {dino} wow drys
[07:49] {dino} hl l ocnf .50
[07:52] {Threei} move already ATHR
[07:53] {Threei} you have 36 to hit, and we don't have 5 years to wait
[07:53] {Threei} heck, I'll be surprized if we can hold it for more than 5 min {G}
[07:54] {dino} out ocnf .70, +.20
[07:57] {dino} ralllly monkey
[07:58] {markweb} any in SOHU?
[07:59] {dino} solars spiking
[08:03] {Threei} JASO
[08:03] {Threei} long on pullback, as close to 59 as possible
[08:04] {Threei} small shares, volatile one
[08:04] {Threei} what's with GLBL
[08:06] {dino} mflo
[08:06] {dptl} found problem
[08:06] {Threei} you had no computer?
[08:06] {dptl} lol
[08:07] {dptl} auto correction was uncheked
[08:07] {dino} mflo s partial fill .55
[08:07] {Threei} there you go
[08:07] {Threei} you had no computer was my next suggestion
[08:08] {Threei} in JASO
[08:08] {Threei} stop under .80
[08:08] {Threei} smallish shares
[08:08] {dino} darn partials, i'd be out otherwise
[08:09] {Threei} if this entry fails, next level to watch is 58.50
[08:13] {Threei} half out +.40
[08:13] {Threei} scalpers get out
[08:19] {dino} gj
[08:19] {Threei} ty
[08:21] {Threei} stop just under 59 for balance
[08:22] {dino} ilmn
[08:27] {Threei} vague feeling is, NQ prepares for new rally
[08:28] {Threei} if holding above 2230 and tags 37, should go back to 50 and above
[08:30] {esemde} have a great day everyone....still have my bstop in CPSL6,85...we'll see what happens there the rest of the day....take care
[08:31] {Threei} take care ese
[08:31] {bruce} bye ese
[08:32] {bruce} ilmn s dino?
[08:33] {dino} cya ese
[08:35] {dino} vsat
[08:37] {cosmo} pozn test
[08:37] {cosmo} 10
[08:38] {dino} bruce, ilmn, didn't go up enough for short, like 2.50ish
[08:38] {bruce} k- wasn't sure if it was oversold enough - thanx
[08:41] {dino} all imo
[08:41] {dino} which isn't worth anything
[08:43] {Threei} SAUDI ARABIA: SAYS GULF STATES WILLING TO FORM A CONSORTIUM TO PROVIDE ENRICHED URANIUM TO IRAN
[08:45] {dino} sbac
[08:49] {bruce} grmn hit 100
[08:50] {Threei} SCON
[08:50] {Threei} worth a try for bounce
[08:50] {Threei} stop under .60
[08:50] {ramvfin2003} here?
[08:50] {Threei} yeah
[08:51] {Threei} scalp only most likely
[08:51] {Threei} quite e retreat from high 3 days ago
[09:04] {Threei} 1:1
[09:05] {Threei} out .94
[09:05] {Threei} that was easy... stress-free trade
[09:07] {Threei} no takers?
[09:07] {ramvfin2003} +.19
[09:07] {Threei} :)
[09:11] {bruce} nice play vad - didn't take that one
[09:11] {dino} mflo bstop to .30
[09:11] {Threei} you just don't like stress-free trading
[09:12] {bruce} lol
[09:12] {bruce} maybe thats it
[09:13] {Threei} I overheard you grumbling "where does he gets off suggesting trades with no adrenalin influx"
[09:13] {bruce} oh - that was dino
[09:13] {Threei} magoo rather
[09:14] {bruce} maybe ram?
[09:14] * magoo slaps Threei around a bit with a large trout
[09:14] {Threei} oops
[09:14] {Threei} I thought you were sleeping
[09:14] {bruce} actually - trading is pretty stressful for me
[09:14] {magoo} well i can't do anything else but sleep
[09:14] {bruce} pretty tired end of day most days
[09:15] {Threei} it doesn't have to be
[09:16] {cosmo} it can be like a game of cards.... with the guys....
[09:16] {cosmo} coffee of course
[09:17] {bruce} thats the way I look at it cosmo - just do best you can anfd take what comes
[09:19] {dino} probabilities bruce, so expect to be wrong at times, don't let the wrong ones bother you
[09:20] {bruce} understood dino
[09:20] {bruce} my challenge is I've been losing for a long time
[09:20] {dino} try to have fun w/it
[09:20] {bruce} just small amounts
[09:20] {bruce} but consistent
[09:21] {dino} we missed vsat bounce
[09:22] {cosmo} pozn 10 again
[09:23] {dino} mflo stopped +.25 on partial
[09:23] {ramvfin2003} is POZN still on play?
[09:24] {bruce} pozn looks like a long to me - any read vad?
[09:25] {cosmo} i wish it was the last hour instead of lunch time ...
[09:25] {cosmo} for pozn
[09:26] {Threei} 10 break certainly worth a try
[09:27] {ramvfin2003} in .01
[09:28] {cosmo} lunch hour just isn't what it used to be
[09:28] {ramvfin2003} target vad?
[09:29] {dino} thats' cause magoo didn't buy your lunch
[09:29] {dino} cpla, wheres the top
[09:29] {Threei} no idea... breakouts rarely have targets
[09:30] {Threei} place stop and play by usual rules
[09:30] {dino} ravn getting hurt today
[09:33] {Threei} FRPT 18 melting long
[09:34] {Threei} invalidated
[09:38] {bruce} any read grmn vad - bpunce from 100 has been pretty weak so far
[09:39] {Threei} no... not my domain
[09:39] {bruce} k
[09:44] {dino} cpla spike
[09:45] {Threei} 1:1 POZN
[09:45] {Threei} 1P2
[09:45] {Threei} 1:2
[09:45] {Threei} oh news
[09:46] {Threei} ANNOUNCES TREXIMA AMENDED RESPONSE ACCEPTED FOR REVIEW BY FDA-
[09:46] {Threei} cool beans
[09:46] {Threei} nice to be in BEFORE the news hit
[09:46] {Threei} me out
[09:46] {ramvfin2003} out +.23
[09:47] {Threei} see... no stress
[09:47] {dino} brb
[09:47] {dino} gj ram
[09:47] {Threei} bruce?
[09:48] {bruce} thats me
[09:48] {Threei} you played?
[09:48] {bruce} no
[09:49] {Threei} [12:24] {bruce} pozn looks like a long to me - any read vad?
[09:49] {Threei} you asked just out of sheer curiosity?? :)
[09:50] {bruce} nope -considered it
[09:51] {bruce} didn't look like much volume on 10 break to me
[09:51] {bruce} glad it woked for you
[09:51] {Threei} was enough volume to chew through all those offers...
[09:51] {Threei} you really overthink it
[09:51] {Threei} setup is there, risk is defined, it triggers - get it
[09:52] {Roman} been watching WM options
[09:52] {Threei} brain has not much involvement in correct trading... it's eye-finger
[09:52] {Roman} it looks like there is some positive feel for a bounce here
[09:52] {Threei} see setup, recognize setup, play setup
[09:52] {Threei} leave it to market to tell you whcih it is, win or loss
[09:52] {Roman} in full size WM 25.85 area
[09:53] {Roman} swing trade
[10:01] {dino} ande
[10:01] {Threei} bruce... here is my impression
[10:02] {Threei} you have pretty much all the knowledge you need at this point,
[10:02] {Threei} what you really need is not more knowledge
[10:02] {Threei} it's a skill to implement what you know,
[10:02] {Threei} shape it up by triming off unneeded fat
[10:02] {Threei} and leaving only what is necessary
[10:03] {dino} 1/4 cpla s .90
[10:03] {Threei} In other words, you need procedure
[10:03] {bruce} thanx vad
[10:03] {Threei} standard practice that will determine tyour course of action
[10:03] {bruce} I need either more wins percentage wiwse
[10:03] {bruce} or bigger wins
[10:04] {Threei} that's outcome
[10:04] {Threei} to get there you need a procedure that will lead to that outcome
[10:04] {Threei} you put in too much discretion
[10:04] {Threei} trying to ;pick only winning trades
[10:04] {Threei} weed out those that you don't think will work
[10:04] {Threei} this is wrong approach
[10:05] {Threei} you are trying tyo outsmart market
[10:05] {Threei} but market has no smartness to begin with
[10:05] {Threei} it has ebb and flow
[10:05] {Threei} and it's odds, not certainy
[10:06] {Threei} trying to sort it out to have winning trades only youy violate the very principle on which market is based
[10:07] {Chaeron} 13:06 11/01 *DJ Office Depot Raised To Overweight From Neutral By JP
[10:07] {Chaeron} ODP
[10:10] {dino} i guess ande won't fill me at 43.68
[10:11] {ramvfin2003} CROX as ugly as its shoes today
[10:11] {dino} lol
[10:11] {Threei} I don't like pushing my products but sheesh, this is the cheapest one, and this is exactly what you need... so let me reiterate strong buy recommendation on Market Profit Plan
[10:12] {bruce} k vad - I hear you
[10:12] {bruce} off for a break guys
[10:12] {bruce} back in 30
[10:12] {Threei} you don't find it useful - return it
[10:13] {Threei} and I promise you it won't happen
[10:20] {dino} amzn
[10:40] {dino} leap
[10:40] {dino} \merger not happening
[10:43] {Threei} halted?
[10:43] {dino} y
[10:47] {markweb} GXDX news?
[10:47] {dino} cov half cpla .35, +.55
[10:47] {Threei} 10/30/07 10:00am [GXDX] IPO opens for trading at $25
[10:48] {markweb} ty
[10:48] {Threei} 10/29/07 07:38pm [GXDX] Prices 5M share IPO at $17/share and above the $14-$16/share initial pricing range
[10:50] {Threei} quite dull trading for IPO
[10:50] {dino} tough tp ipo on down big day
[10:52] {Roman} CROX is really taking a serious hit
[10:53] {Chaeron} {ramvfin2003} CROX as ugly as its shoes today {{{ best line of the day
[10:53] {Roman} someone bought yesterday at $75 just logging in to see 35% cut
[10:53] {Roman} that hurts
[10:53] {Threei} {CROX} I want second opinion
[10:54] {Threei} {Chaeron} second opinion? ok, you are stupid too
[10:54] {Chaeron} lol... get out of my mind!!!!!!!!!!!!!
[10:54] {dino} cov other cpla at .10, +.80
[10:55] {dino} opps only 1/2 of remaining at .10
[10:56] {dino} not sure what happened as bid went below me by .20
[10:56] {dino} guess i should talk to chuck
[10:56] {Roman} good one dino :)
[10:57] {dino} ty rfr
[10:57] {dino} coming up on my 300 down
[10:57] {dino} dow
[10:57] {dino} grmn bit of capit
[10:58] {Roman} look at the volume on SPY & QQQQ
[10:58] {Roman} this is freaky
[10:59] {dino} ok cov all cpla
[10:59] {dino} .10
[10:59] {Chaeron} we're going to zero Roman
[10:59] {Roman} :)
[10:59] {Chaeron} hmmm can we go negative? :)
[11:00] {Threei} on volume?
[11:00] {Threei} kind of, if you buy stock they actually put you short, and when you sell they award you shares... then maybe
[11:00] {dino} end of the world
[11:00] {Threei} contemplate this :)
[11:01] {dino} riddle me that
[11:02] {dino} plxs not paying attn to mkt
[11:02] {Roman} RATE nice reversal off the lows
[11:03] {dino} y
[11:15] {dino} hl l ravn .75, stop lod
[11:38] {dino} ravn stop to .25
[11:38] {Threei} BEAS saga continues
[11:38] {Threei} SUED BY INVESTOR ON BEHALF OF ALL PUBLIC HOLDERS ON DUTY VIOLATION ON ORCL OFFER - WIRE HEADLINE
[11:38] {Threei} - Note: Icahn also sued Co last week over annual meeting
[11:38] {dino} out .17, +.42
[11:39] {dino} rinse job on stop
[12:00] {dino} back in 10
[12:03] {Threei} CLWR
[12:04] {Threei} no news that I see
[12:04] {Threei} what the
[12:06] {bruce} nvda
[12:10] {dino} intl takeover rumor
[12:10] {dino} intel
[12:10] {dino} for nvda
[12:10] {Threei} CLWR nonstop
[12:15] {magoo} goodnoite all, outta here
[12:15] {Threei} take care magoo
[12:16] {bruce} night mags
[12:24] {dino} down 300
[12:28] {Threei} bounce time
[12:29] {dino} edac
[12:31] {dptl} is that volume spike gives you clue on bounce,Vad?
[12:32] {Threei} volume, extension of selling
[12:34] {dptl} ty,just cheking if i am looking at the same things
[12:34] {Threei} if not losing 2215 anymore, should show nice bounce
[12:35] {dptl} yep
[12:36] {bruce} any stocks in mind to play revrsal on vad?
[12:36] {Threei} QID
[12:36] {Threei} short
[12:37] {bruce} here - withstop to 06?
[12:37] {Threei} stop if NQ loses 2215
[12:38] {dino} why not the qld l
[12:39] {dino} QLD
[12:40] {Threei} ?
[12:41] {dino} opposit of qid is qld, so go long qld , just asking
[12:41] {Threei} I don't see correlation on chart
[12:41] {Threei} you sure about that?
[12:42] {dino} 2x long the qqqq
[12:43] {Threei} oh, looked at wrong chart
[12:43] {Threei} yeah, it would work
[12:44] {dino} just esier, imo, up mkt go l qld, down go long qid
[12:46] {Threei} a lot of nervousness
[12:46] {dino} partial fill l midd .75
[12:52] {bruce} down she goes
[12:52] {Threei} yeah
[12:52] {Threei} pathetic bounce
[12:52] {Threei} not even 5 points
[12:59] {Roman} good evening guys
[12:59] {Threei} thank you all
[12:59] {Threei} have a good evening
[12:59] {Threei} see you tomorrow for the nervous end of nervous week
[12:59] {dino} stopped midd .67, -.08
[13:00] {bruce} nigt vad
[13:00] {bruce} nice tight stop dino
[13:00] {dptl} see ya tomorrow all....have a good evening
[13:00] {dino} thx. calling it a day, pretty good one overall
[13:00] {bruce} 7c is great - especially with the reward potentail
[13:00] {dino} magooooo get me a brew
[13:00] {bruce} night all
[13:01] {dino} gn all, back tomorrow, scalp day
Session Close: Fri Nov 02 00:10:57 2007
Thursday, November 1, 2007
October 31, 2007
Session Start: Wed Oct 31 00:00:00 2007
Session Time: Wed Oct 31 00:00:00 2007
[05:46] {magoo} morn rt
[05:47] {Threei} Good morning
[05:47] {magoo} vad dcc
[05:51] {dptl} good morning all
[05:53] {hawkfan4} good morning
[05:54] {Threei} dp, hawk :)
[05:57] {bruce} hello folks
[05:58] {bruce} trick or treat today?
[05:58] {Threei} good question
[06:00] {cosmo} it hard to know the difference these days
[06:00] {cosmo} its
[06:02] {markweb} GM ALL
[06:02] {cosmo} PMTC 19.44 ...so far
[06:03] {dino} gm all
[06:04] {markweb} dino:)
[06:05] {dino} gm mark
[06:05] {Threei} mark, cosmo, dino :)
[06:06] {cosmo} TOT :)
[06:06] {bruce} hi mark, dino
[06:06] {markweb} bruce:)
[06:07] {dino} gm bruce, 3i
[06:10] {Threei} going to be very tough read today
[06:10] {Threei} I'd stay with stock-specific trading and scalps
[06:10] {cosmo} i usually take this day off
[06:10] {cosmo} religious purposes
[06:10] {Threei} pagan rituals?
[06:11] {cosmo} yeah
[06:11] {cosmo} just in case...
[06:11] {Threei} good idea
[06:11] {Threei} I sacrifice computer mouse
[06:12] {cosmo} hmm... i have lots of them
[06:12] {cosmo} but their all white
[06:12] {cosmo} there're
[06:12] {Threei} paint them
[06:13] {esemde} GM bruce cos dp hawkjm mags mark pateince ram......vna.....Vad
[06:13] {Threei} ese :)
[06:13] {esemde} thats and VAD
[06:14] {markweb} ese:)
[06:14] {esemde} appologies for not signing off properly yesterday.....
[06:14] {Threei} hmmm... I am being singled out during sacrifice talk... not a good sign
[06:14] {esemde} hope you can all forgive me
[06:14] {dino} forget it
[06:15] {bruce} hi ese
[06:15] {bruce} hey mags -
[06:15] {esemde} after the release of the documentary on my high school program....things have been just a tad more busy
[06:15] {bruce} why dont you do the calls today?
[06:16] {esemde} not bad....i'm still in control
[06:16] {cosmo} ese... you still in HS?
[06:16] {bruce} all we ask is a nice 15 point move like yesterday
[06:16] {esemde} I wish....
[06:16] {esemde} teach....
[06:16] {cosmo} i don't
[06:18] {cosmo} subject?
[06:19] {esemde} music and mathematics
[06:19] {cosmo} marching band?
[06:19] {esemde} Rhythm and Blues Band
[06:19] {esemde} 12 peice fully choreographed R&B band
[06:20] {cosmo} that's what i wanted... they made me do marching band instead....sigh
[06:20] {esemde} 3 of them
[06:21] {esemde} have always had that funny image of Woody Alen playing a cello in a marching band
[06:22] {esemde} sits down to play and as the band marches by he has to get up ...run ahead of the band sit down to play etc etc etc
[06:23] {cosmo} i like Jack Nickelson on the piano in 5 easy peices.... in the back of the truck
[06:23] {esemde} that was another good one...
[06:24] {cosmo} :)
[06:26] {cosmo} he would make a great 'float in the rose parade....ey?
[06:26] {esemde} definately...
[06:29] {dino} fuji
[06:30] {dino} nah
[06:30] {cosmo} watching for PMTC 19.44 test
[06:30] {dino} eqix
[06:31] {cosmo} PMTC needs to hold 19 imho
[06:33] {dino} ok, i admit, i screwed up drys, but itm now, whew
[06:34] {Threei} all is well that ends well...
[06:34] {dino} thats the luck part
[06:34] {Threei} watching GIGM for 25 break
[06:35] {Threei} the shallower pulback the better
[06:35] {dino} stop is now flat drys
[06:36] {Threei} a bit too deep for my taste GIGM
[06:37] {dino} stopped drys flat
[06:37] {dino} grmn
[06:38] {dino} missed eqix ugh
[06:38] {Threei} ACTU again
[06:38] {Threei} 9 meltdfown worth a try
[06:39] {dino} hl l grmn .75
[06:41] {dino} grmn stop to 110.75
[06:41] {dino} out +1.00
[06:42] {markweb} gj
[06:42] {dino} ty, hit and went
[06:42] {bruce} congrats dino
[06:43] {dino} ty lucky entry
[06:45] {dino} oh mann grmn
[06:45] {Threei} *OCT CHICAGO PURCHASING MANAGER INDEX: 49.7 V 53.0E
[06:45] {Threei} - New Orders: 53.9 v 56.2 last
[06:45] {Threei} - Employment: 49.5 v 52.0 last
[06:45] {Threei} - Inventories: 49.6 v 38.2 last
[06:45] {Threei} - Supplier Deliveries: 52.7 v 50.6 last
[06:45] {Threei} - Production: 46.9 v 58.3 last
[06:45] {Threei} - Order Backlogs: 39.9 v 50.5 last
[06:47] {cosmo} actu
[06:48] {esemde} if it gets through 9 cos
[06:48] {dino} eqix sm s .93
[06:49] {bruce} if actu fires stop is about 8.93?
[06:49] {dino} cov .53 +.40
[06:49] {Threei} 8.89
[06:49] {esemde} how bout CGCG
[06:49] {Threei} is it rught symbol?
[06:49] {Threei} right
[06:49] {dino} ok calming down over
[06:50] {esemde} sorry thats CHCG
[06:51] {Threei} I am not getting level 2 on it
[06:51] {Threei} not sure what gives
[06:51] {esemde} 4.57 bid
[06:51] {Threei} that's all I see
[06:51] {cosmo} ACTU 9 wall
[06:52] {esemde} hmmmm
[06:53] {esemde} 4.57 ask as well
[06:54] {esemde} lots of buying on ask
[06:56] {Threei} PAYX .43 long
[06:57] {Threei} .19 stop
[06:57] {Threei} half lot
[07:00] {Threei} *SEPT CONSTRUCTION SPENDING M/M: 0.3% V -0.5%E
[07:00] {Threei} stop to .29 PAYX
[07:03] {ramvfin2003} actu inval?
[07:03] {Threei} for now
[07:03] {Threei} new consolidation may make it valid again later
[07:04] {dino} 1/3 drys for swing 115
[07:05] {dino} ustr
[07:08] {dino} ustr s .09, hl, stop hod
[07:09] {Threei} SPWR dino
[07:11] {Threei} we have bunch of economic numbers, oil reserves AND FOMC on top
[07:11] {Threei} what a day
[07:11] {Threei} WHITE HOUSE LAZEAR: HOUSING WEAKNESS DOES NOT APPEAR TO BE LEAKING INTO OTHER PARTS OF ECONOMY
[07:11] {Threei} not leaking into white house he means?
[07:12] {Threei} PAYX stopped
[07:13] {dino} spwr s, but higher up, 130 magnet imo
[07:15] {dino} or not
[07:15] {Threei} BRCD
[07:15] {Threei} slow and somewhat narrow
[07:15] {Threei} nice daily though
[07:16] {Threei} not sure if there is a play in it... see if you like it
[07:18] {dino} ustr bstop to .86
[07:20] {dino} ouch, stopped major slippage to .03, +.06, that sucked
[07:20] {Threei} nature of the beast...
[07:20] {dino} i shall kill that beast
[07:20] {dino} :)\
[07:21] {Threei} Dino the Dragon Slayer
[07:21] {cosmo} SIRF's up
[07:21] {cosmo} .74 hod
[07:24] {Threei} NTCT
[07:25] {Threei} wierdo... nevermind
[07:27] {Threei} oh cool... bank of Ghana wants to give me 35% of $5,620,000.00
[07:28] {dino} wow, me too
[07:28] {dino} via fax, which was strange
[07:28] {Threei} and that's on top of all my nigerian and ivory coast neverending luck
[07:28] {Threei} just how lucky are we dino
[07:28] {dino} it's the power of the easy button
[07:29] {Threei} Mr. Bright Addo is my hero... yours?
[07:29] {dino} ?
[07:29] {Threei} name of branch manager who begs me to take the money
[07:30] {dino} oh, i didn't remember the name, fast read and toss, ya know
[07:30] {dino} afraid magoo would see it
[07:30] {Threei} you mean you are not going to claim it??
[07:30] {esemde} CSUN
[07:30] {dino} it just wouldn't be right
[07:31] {Threei} oil numbers coming in
[07:31] {Threei} *DOE CRUDE: -3.9M V +300KE; GASOLINE: +1.3M V -250KE; DISTILLATE: +800K V -1.5ME; CAPACITY ULITILIZATION: % V 87.6%E
[07:31] {Threei} - API Gasoline-785K
[07:32] {Threei} - API Distillate: +3.1M
[07:32] {Threei} so, we have less crude, more gfasoline, more distillate than expected
[07:33] {Threei} and what is market supposed to do about those numbers?
[07:33] {Threei} and why is it a concern on weekly basis?
[07:33] {dino} nothing
[07:33] {Threei} what nonsense...
[07:33] {Threei} I can see Raven holding his nose
[07:33] {Threei} beak?
[07:34] {dino} or picking it
[07:34] {esemde} DXCM
[07:36] {Threei} BALTIC EXCHANGE CHIEF CONFIRMS THE DRY FREIGHT INDEX FOR SEABOURN COMMODITIES HAD ITS BIGGEST ONE DAY DROP OF THE YEAR
[07:36] {Threei} and without his confirmation we had doubts eh?
[07:36] {Threei} CSUN ticking... no news that I see
[07:37] {Threei} nothing technical either
[07:37] {dino} risky, sm l grmn .25
[07:37] {Raven} hey !
[07:37] {cosmo} hay?
[07:37] {Raven} OK
[07:38] {dino} out .75, +.50
[07:38] {Raven} still smell smoke cosmo ?
[07:39] {dino} lol raven
[07:39] {cosmo} i never did....btw, you get all that peanut butter off your beak?
[07:39] {dino} ustr feels like soike coming
[07:39] {Raven} liar ... and yes
[07:39] {Raven} there was smoke in Paradise
[07:40] {dino} spike, i mean
[07:40] {cosmo} i did smell some reintrained particulate three days after
[07:40] {Threei} SOHU
[07:40] {Threei} scary one
[07:40] {Raven} reintrained ?
[07:40] {cosmo} but thats not smoke
[07:40] {dino} brb
[07:40] {cosmo} checking...
[07:40] {Threei} .90 is long trigger
[07:40] {Threei} small shares, very volatile
[07:41] {bruce} stop .35 vad?
[07:41] {Threei} depends on low of this pullback
[07:41] {Threei} if sets up from here,
[07:41] {cosmo} reintrained =} dust that would fall within the PM-10 classification ...
[07:42] {Threei} stop under .50, target is somewhere closer to 60
[07:42] {Raven} oh for god's ske ...
[07:42] {Raven} sake
[07:42] {cosmo} well... if you insist
[07:43] {Raven} SIGH ... but, enough of this prattle ... I must take a hike now ... later
[07:43] {Threei} come on SOHU, take 59
[07:44] {Threei} that should be launching pad
[07:44] {Threei} NQ 2230 break should set the rally in motion
[07:44] {bruce} in sohu .85
[07:46] * Threei kicks SOHU in the rear with heavy duty army boots, steel toe and all
[07:47] {Threei} ARCA is annoying at .88
[07:53] {Threei} do I see MSFT making 52 week highs or am I hallucinating
[07:54] {magoo} vad, dcc
[07:57] {bruce} stop qround here sohu vad?
[07:58] {Threei} under .50
[07:58] {bruce} k
[08:05] {Threei} ESLR picks up strength again
[08:07] {esemde} am not on the ball today....staring at things but not making it happen.....CVLT ISIS....what am i thinkin
[08:10] {dino} morn l hl .95
[08:14] {dino} take a break ese, go for 30 min. walk
[08:14] {dino} mblx
[08:15] {Threei} out SOHU
[08:16] {bruce} stopped sohu
[08:16] {esemde} nj Vad
[08:16] {Threei} disgusting day... as it well should be
[08:24] {bruce} sory vad - jinxed you on sohu
[08:24] {Threei} difficult call... but still
[08:24] {Threei} ESLR .51 long
[08:24] {bruce} any read eslr?
[08:25] {Threei} .39 stop
[08:30] {dino} morn stopped -.45
[08:31] {dino} rinsed
[08:32] {Threei} ATHR
[08:32] {Threei} if it can break 35 it can go to 36
[08:35] {esemde} Iong ESLR .50
[08:36] {bruce} l eslr .51
[08:36] {esemde} what time does the royal rpnouncement come out
[08:37] {Threei} 2:15 EST
[08:37] {esemde} tks
[08:38] {Threei} if ATHR sets up from here stop is under .70
[08:40] {esemde} ESLR 'E'xtra, 'S'tock 'L'aunch 'R'ocket ...hopefully....
[08:41] {esemde} Boredom.....let me look that up in the dictionary....hmmmm
[08:44] {esemde} could fly if it gets by yesterdays high of .60
[08:44] {Threei} ah come on ATHR... you gnawed through all those enrmous offers just to sit there??
[08:44] {esemde} make that the day before
[08:45] {esemde} athr should fly to Vad
[08:45] {dino} risky, l grmn .10
[08:46] {esemde} over here...over there....comin in on a wing and a prayere.....the yanks are comin ...the yanks are comin ...there coe come comin everywhere....alll together now!!!! over here........
[08:47] {esemde} old WW2 song......thought it would be uplifting
[08:47] {Threei} hmmm
[08:47] {Threei} I can feel some uplifting
[08:48] {Threei} but ATHR at 36 would make this feeling strongere
[08:48] {esemde} indeed....same with ESLR
[08:49] {dino} stopped grmn .98-.12\
[08:50] {esemde} quelle drag....
[08:58] {dino} what a rinse on grmn, drops 1.50 then back in a flash
[09:02] {Threei} ATHR found inner strength in its heart
[09:04] {Threei} over 1:1
[09:04] {ramvfin2003} anyone alive?
[09:04] {Threei} ?
[09:04] {ramvfin2003} sorry was booted
[09:04] {Threei} new high ESLR
[09:05] {Threei} new high NQ
[09:05] {Threei} new high ATHR
[09:05] {esemde} i'm likin it...
[09:05] {Threei} ESLR at daily resistance
[09:05] {Threei} broke
[09:07] {dino} rinsed on last two, taking lunch break
[09:08] {esemde} take care dino
[09:13] {dino} ty ese, no worries very good day so far
[09:15] {Threei} half out ESLR
[09:15] {Threei} ditto ATHR
[09:15] {esemde} nice job Vad
[09:16] {esemde} i shall follow suit
[09:16] {Threei} both look good for more... but today is very unusual day, after two very unusual weeks
[09:16] {Threei} so I give them a chance but secure half
[09:17] {esemde} tks by the way
[09:17] {Threei} welcome
[09:24] {esemde} have a great rest of the day everyone....duty calls
[09:25] {Threei} take care ese
[09:25] {dino} take care ese
[09:31] {bruce} out eslr in full
[09:32] {Threei} traitor
[09:32] {Threei} kidding :)
[09:32] {bruce} dont want to get hit again vad
[09:33] {Threei} nothing's worng with booking profit on such day
[09:33] {Threei} or any other day for that matter
[09:33] {bruce} sohu was nasty - I got 12c slippage on stop
[09:34] {Threei} that's why it was small shares play
[09:35] {bruce} ptv any read?
[09:35] {dino} hate when that happens bruce, slippage bad lately
[09:36] {bruce} yes - saw you take soem nasty ones dino
[09:36] {Threei} no bruce
[09:36] {Threei} 30 cents range
[09:36] {dino} turning wins into flats
[09:36] {Threei} too narrow to count on anything worthy
[09:37] {bruce} k
[09:39] {dino} grmn capit
[09:44] {dino} grmn sm l .25
[09:46] {bruce} stop 109.75 or so dino?
[09:49] {dino} out .75, +.50
[09:49] {dino} y bruce sorry, someone here
[09:50] {bruce} k - gj - didn't take it but thought a .5 stop was probably about right
[09:50] {dino} yeah, 400 shares, give it room
[09:51] {bruce} thought so
[09:51] {bruce} thanx
[09:52] {dino} np
[09:57] {dino} again?
[10:04] {bruce} not sure - looks like it wants to continue soth dino
[10:06] {dino} good call
[10:07] {bruce} thanx
[10:07] {dino} 109.50ish
[10:10] {bruce} k
[10:12] {dino} ssrx crash
[10:16] {Threei} scanner slowed down to a crawl
[10:18] {bruce} drys - finally put in a bit of a recovery
[10:18] {bruce} grmn almost to 109.50
[10:19] {dino} fgeels lower
[10:19] {bruce} don't think it will hold dino
[10:19] {bruce} agreed
[10:21] {dino} 108.50's
[10:23] {bruce} still holding secon half eslr vad?
[10:24] {Threei} no, hit trailing stop at .49
[10:24] {bruce} k
[10:25] {Threei} routine principle - half out, stop to under b/e
[10:25] {bruce} k
[10:26] {bruce} I set a more agressive stop on second half today
[10:26] {Threei} nothing worng with that
[10:26] {bruce} wanted to hang on to be on second half
[10:28] {bruce} you generally stop trading before fed announcement vad?
[10:28] {bruce} its not far off onw
[10:28] {Threei} of course I do
[10:29] {Threei} you saw the volstility of fist minutes after announcement?
[10:29] {Threei} who needs to get caught on a wrong side of it
[10:30] {bruce} true
[10:30] {Threei} and gambling on what side is right is as far from my approach as star Bethelgeizer (or however you spell it) is from pacific Ocean bottom
[10:33] {Chaeron} Betelgeuse and the Marianas Trench?
[10:34] {Threei} thank you
[10:34] {Chaeron} ... that's far...
[10:34] {Threei} my spelling knowledge increases by minute
[10:34] {Chaeron} and I'll think of you tonight when I see Orion
[10:34] {Threei} couple years more, and Raven will be proud of me
[10:35] {Chaeron} I wish my Russian was 1/10 as good as your English
[10:35] {Threei} wait
[10:35] {Threei} you mean... all this time I spoke English?
[10:36] {Chaeron} what you thought Canadian?
[10:36] {Threei} its british columbian dialect to be exact
[10:36] {Threei} or is it eqzakt?
[10:36] {Chaeron} eh?
[10:37] {bruce} lol
[10:37] {bruce} my geography knowledge increases by minutes
[10:37] {Threei} side benefit of RT room bruce
[10:38] {Threei} and if you get on a good side of Raven... there is no telling to what you may learn
[10:38] {bruce} truly amazing
[10:39] {Threei} of course there is a problem with raven's good side...
[10:39] {Threei} he gueards this secret so thoroughly, he can't remember himself which one it is
[10:40] {bruce} ravens quiet today
[10:41] {bruce} probably looking for trout
[10:42] {dino} grmn l sm .02
[10:42] {dino} stop .68
[10:50] {Threei} 25 minutes till popcorn time
[10:51] {Raven} do what ?
[10:52] {Threei} {--- hiding
[10:52] {Raven} hmmm ...
[10:52] {Threei} {--- hiding under the nearest rock
[10:52] {Threei} {--- hiding deeper
[10:52] {dino} stopped grmn -.34
[10:52] * Raven hammers the rock
[10:53] {Threei} {--- digging hectically
[10:53] * Raven pours boiling oil over rock
[10:54] {Threei} {----- trying to chosew betwen rolling over and giving up or fighting back
[10:54] {magoo} u guys miss me?
[10:54] {Threei} very mcuh
[10:54] * Raven goes back to reading Investors Business Daily ... god knows why
[10:54] {Threei} lol
[10:54] {Raven} filler
[10:55] {Threei} you missed vicious albeit brief fight magoo
[10:56] {Threei} market starts wierd moves
[10:56] {Threei} gamblers adjust their positions
[10:56] {bruce} we've been talking behind your back all morning mags
[10:58] {magoo} lol
[10:58] {bruce} nothing really bad
[10:58] {bruce} just the usual trash
[10:58] {bruce} about your character
[10:59] {Threei} and appearance
[10:59] {Threei} some may have mentioned spelling
[10:59] {Threei} but those are particularly mean
[11:00] {bruce} lol -no names please vad
[11:00] {bruce} raven doesn't need the headaches
[11:00] {dino} and magoo's weight
[11:01] {bruce} lol - thqat diet of magoos not working?
[11:02] {bruce} grm n finally formed higher low dino
[11:03] {dino} :)
[11:03] {dino} i shouldn't pick on him, he dud buy lunch
[11:03] {dino} yes bruce, thinking 110 again, but not too sure
[11:09] {bruce} thinking l herre in grmn dino
[11:09] {dino} waiting for fed
[11:09] {dino} where
[11:09] {Threei} sooo... give us our .25 cut and let's get it over with
[11:10] {dino} nice bruce, gj
[11:10] {Threei} better yet... say no cut needed, market stalls in shock for a second, then expodes happily
[11:10] {bruce} ddidn't get .35 offer
[11:10] {bruce} bid rather
[11:11] {dino} ok
[11:12] {bruce} had .35 bid with stop set to .85
[11:13] {dino} good imo
[11:13] {dino} wait now
[11:14] {bruce} in .25
[11:15] {dino} gl
[11:15] {dino} decision coming, will whip
[11:15] {dino} .25
[11:15] {Threei} *FOMC CUTS FED FUNDS RATE 25BPS TO 4.50%, AS EXPECTED
[11:16] {Chaeron} sigh
[11:16] {Chaeron} 14:15 10/31 *DJ FOMC Voted 9-1 For Fed Funds Rate Cut; Hoenig Dissented
[11:16] {bruce} out .65
[11:16] {bruce} geesh
[11:16] {bruce} scre3en froz
[11:17] {Threei} up now
[11:17] {dino} gj bruce, but ballsy w/fed 1 min. away
[11:18] {bruce} no - just stupid
[11:19] {bruce} I feel the trout coming
[11:19] {dino} lol
[11:19] {dino} picked up some "luck"
[11:20] {bruce} could use some more of that dino
[11:20] {Threei} down now
[11:21] {dino} make your luck
[11:21] {bruce} yah - I do
[11:21] {Threei} right on cue
[11:22] {bruce} dow dumped more than 100 poi9nts
[11:23] {bruce} isn't there oftn an immeidaite overreaction -
[11:23] {dino} its happening
[11:23] {bruce} with a boucne3 later in other direction vad?
[11:23] {dino} usually 3
[11:23] {bruce} k
[11:23] {bruce} ping pong
[11:25] {Threei} yes bruce
[11:30] {dino} and up we go for a bit
[11:31] {bruce} now lads - where is the money?
[11:31] {Threei} NQ 1 min chart is out of mental institution client paintings
[11:32] {bruce} oh - thought it looked like one of my drawings
[11:32] {dino} not yet bruce, i want one more swing
[11:36] {dino} going down again
[11:37] {Threei} this last bounce was stronger than I would expect
[11:37] {dino} higher mkt low
[11:40] {Threei} (CA) PRIME MINISTER: MANUFACTURING SECTOR IS IN CRISIS, BUT GOVERNMENT ADDRESSING THE ISSUE
[11:41] {dino} hmm
[11:41] {Threei} feels to me up from here
[11:42] {bruce} hmm
[11:42] {bruce} free car to all canadaians to boost ato manufacturing?
[11:43] {dino} you need to weaken your dollar
[11:43] {Threei} you have no idea dino
[11:44] {dino} airm
[11:44] {dino} my thoughts, weaker dollar, more exports
[11:45] {dino} more exports=more jobs
[11:45] {Threei} today's level of CAD is a slow death for country
[11:45] {Threei} up it is
[11:45] {dino} yes, this strong dollar stuff is not correct. most do not get it
[11:45] {dino} same with balanced bugets
[11:45] {Threei} volatilit is still high but it looks like market has decided on furthwer direction
[11:46] {bruce} vads just saying that cause hes not retir3d yet
[11:47] {Threei} yeah
[11:47] {Threei} a few years ago for each $USD 1000 I made I recieved CAD 1600
[11:48] {Threei} today I get CAD 950
[11:48] {Threei} how about that
[11:48] {dino} what you need to do is buy us real estate soon vad, its' cheaper for you
[11:49] {Threei} great... additionally to market specualtion I will have RE speculation :)
[11:49] {Threei} in capitulating market, no less
[11:49] {dino} aaaahhhhhhhhh, look who you are talking to
[11:49] {Threei} hehe
[11:49] {bruce} thats a terible problem to have vad
[11:49] {dino} again, buy the blood
[11:50] {bruce} eslr did OK today after all
[11:51] {Threei} OK is understatement of the day
[11:51] {Threei} huge jump
[11:51] {dino} grmn l .00
[11:51] {dino} hl
[11:52] {Threei} NQ goes to 2250
[11:52] {Threei} maybe even today
[11:53] {dino} drys treating me better today
[11:54] {dino} out .26
[11:54] {dino} +.26
[11:54] {dino} too soon
[11:55] {Threei} almost certainly today
[11:56] {dino} wow, stupid sale
[11:57] {Threei} half point left
[11:57] {Threei} ding ding 2250
[11:58] {dino} i wasn't paying attn to my old friend dwsn
[11:58] {dino} darn
[12:01] {dino} grmn down again under 110
[12:01] {dino} back in 10
[12:02] {bruce} just as well you got out dino
[12:02] {markweb} ESLR short?
[12:08] {Threei} can't tell mark
[12:08] {Threei} there is no rhyme to the movement
[12:09] {markweb} ty
[12:13] {dino} bottom grmn?
[12:14] {Threei} I would feel much safer closer to 108.50
[12:15] {dino} waiting at 108.51
[12:17] {dino} dropped it .30
[12:23] {dino} not even close
[12:30] {Threei} here it comes
[12:34] {Threei} in dino?
[12:35] {Threei} me scalped for .31
[12:36] {dino} gj, distracted a bit
[12:36] {bruce} congrats vad
[12:37] {dino} my kids get off the bus at 3 and come to my office for last hour, so, as you can imagine...
[12:38] {bruce} lol - you let them push buttons ofr you dino?
[12:39] {dino} noooooo
[12:40] {Threei} ah come on
[12:40] {Threei} I let my cat do it
[12:40] {Threei} you sure can allow your kids some fun
[12:40] {dino} my son runs his 5th grade investment class, always asking me q's
[12:40] {bruce} is taht your secret vad?
[12:40] {bruce} cat makes your trading calls?
[12:41] {dino} told him to buy gs, drys, and nyx all in sept., but does he listen?
[12:41] {Threei} no... he just trades
[12:41] {Threei} she
[12:42] {Threei} seriously though, I had to disable keyboard shortcuts
[12:43] {Raven} what about the hairless mouse ?
[12:43] {bruce} can understqand why
[12:43] {Threei} lol R
[12:47] {dino} calling it a very good day. thx all appreciated the ideas
[12:47] {bruce} welcome dino
[12:48] {bruce} have a good one
[12:48] {Threei} take care dino
[12:48] {dino} ty, u2
[12:49] {bruce} signing off as well
[12:49] {bruce} bye alland see you in am
[12:49] {Threei} Ok guys, thank you all
[12:49] {Threei} I think we handled today very well
[12:50] {Threei} extremely confusing day, so restraint was prescribed
[12:50] {Threei} have a good evening, see you tomorrow
Session Time: Wed Oct 31 00:00:00 2007
[05:46] {magoo} morn rt
[05:47] {Threei} Good morning
[05:47] {magoo} vad dcc
[05:51] {dptl} good morning all
[05:53] {hawkfan4} good morning
[05:54] {Threei} dp, hawk :)
[05:57] {bruce} hello folks
[05:58] {bruce} trick or treat today?
[05:58] {Threei} good question
[06:00] {cosmo} it hard to know the difference these days
[06:00] {cosmo} its
[06:02] {markweb} GM ALL
[06:02] {cosmo} PMTC 19.44 ...so far
[06:03] {dino} gm all
[06:04] {markweb} dino:)
[06:05] {dino} gm mark
[06:05] {Threei} mark, cosmo, dino :)
[06:06] {cosmo} TOT :)
[06:06] {bruce} hi mark, dino
[06:06] {markweb} bruce:)
[06:07] {dino} gm bruce, 3i
[06:10] {Threei} going to be very tough read today
[06:10] {Threei} I'd stay with stock-specific trading and scalps
[06:10] {cosmo} i usually take this day off
[06:10] {cosmo} religious purposes
[06:10] {Threei} pagan rituals?
[06:11] {cosmo} yeah
[06:11] {cosmo} just in case...
[06:11] {Threei} good idea
[06:11] {Threei} I sacrifice computer mouse
[06:12] {cosmo} hmm... i have lots of them
[06:12] {cosmo} but their all white
[06:12] {cosmo} there're
[06:12] {Threei} paint them
[06:13] {esemde} GM bruce cos dp hawkjm mags mark pateince ram......vna.....Vad
[06:13] {Threei} ese :)
[06:13] {esemde} thats and VAD
[06:14] {markweb} ese:)
[06:14] {esemde} appologies for not signing off properly yesterday.....
[06:14] {Threei} hmmm... I am being singled out during sacrifice talk... not a good sign
[06:14] {esemde} hope you can all forgive me
[06:14] {dino} forget it
[06:15] {bruce} hi ese
[06:15] {bruce} hey mags -
[06:15] {esemde} after the release of the documentary on my high school program....things have been just a tad more busy
[06:15] {bruce} why dont you do the calls today?
[06:16] {esemde} not bad....i'm still in control
[06:16] {cosmo} ese... you still in HS?
[06:16] {bruce} all we ask is a nice 15 point move like yesterday
[06:16] {esemde} I wish....
[06:16] {esemde} teach....
[06:16] {cosmo} i don't
[06:18] {cosmo} subject?
[06:19] {esemde} music and mathematics
[06:19] {cosmo} marching band?
[06:19] {esemde} Rhythm and Blues Band
[06:19] {esemde} 12 peice fully choreographed R&B band
[06:20] {cosmo} that's what i wanted... they made me do marching band instead....sigh
[06:20] {esemde} 3 of them
[06:21] {esemde} have always had that funny image of Woody Alen playing a cello in a marching band
[06:22] {esemde} sits down to play and as the band marches by he has to get up ...run ahead of the band sit down to play etc etc etc
[06:23] {cosmo} i like Jack Nickelson on the piano in 5 easy peices.... in the back of the truck
[06:23] {esemde} that was another good one...
[06:24] {cosmo} :)
[06:26] {cosmo} he would make a great 'float in the rose parade....ey?
[06:26] {esemde} definately...
[06:29] {dino} fuji
[06:30] {dino} nah
[06:30] {cosmo} watching for PMTC 19.44 test
[06:30] {dino} eqix
[06:31] {cosmo} PMTC needs to hold 19 imho
[06:33] {dino} ok, i admit, i screwed up drys, but itm now, whew
[06:34] {Threei} all is well that ends well...
[06:34] {dino} thats the luck part
[06:34] {Threei} watching GIGM for 25 break
[06:35] {Threei} the shallower pulback the better
[06:35] {dino} stop is now flat drys
[06:36] {Threei} a bit too deep for my taste GIGM
[06:37] {dino} stopped drys flat
[06:37] {dino} grmn
[06:38] {dino} missed eqix ugh
[06:38] {Threei} ACTU again
[06:38] {Threei} 9 meltdfown worth a try
[06:39] {dino} hl l grmn .75
[06:41] {dino} grmn stop to 110.75
[06:41] {dino} out +1.00
[06:42] {markweb} gj
[06:42] {dino} ty, hit and went
[06:42] {bruce} congrats dino
[06:43] {dino} ty lucky entry
[06:45] {dino} oh mann grmn
[06:45] {Threei} *OCT CHICAGO PURCHASING MANAGER INDEX: 49.7 V 53.0E
[06:45] {Threei} - New Orders: 53.9 v 56.2 last
[06:45] {Threei} - Employment: 49.5 v 52.0 last
[06:45] {Threei} - Inventories: 49.6 v 38.2 last
[06:45] {Threei} - Supplier Deliveries: 52.7 v 50.6 last
[06:45] {Threei} - Production: 46.9 v 58.3 last
[06:45] {Threei} - Order Backlogs: 39.9 v 50.5 last
[06:47] {cosmo} actu
[06:48] {esemde} if it gets through 9 cos
[06:48] {dino} eqix sm s .93
[06:49] {bruce} if actu fires stop is about 8.93?
[06:49] {dino} cov .53 +.40
[06:49] {Threei} 8.89
[06:49] {esemde} how bout CGCG
[06:49] {Threei} is it rught symbol?
[06:49] {Threei} right
[06:49] {dino} ok calming down over
[06:50] {esemde} sorry thats CHCG
[06:51] {Threei} I am not getting level 2 on it
[06:51] {Threei} not sure what gives
[06:51] {esemde} 4.57 bid
[06:51] {Threei} that's all I see
[06:51] {cosmo} ACTU 9 wall
[06:52] {esemde} hmmmm
[06:53] {esemde} 4.57 ask as well
[06:54] {esemde} lots of buying on ask
[06:56] {Threei} PAYX .43 long
[06:57] {Threei} .19 stop
[06:57] {Threei} half lot
[07:00] {Threei} *SEPT CONSTRUCTION SPENDING M/M: 0.3% V -0.5%E
[07:00] {Threei} stop to .29 PAYX
[07:03] {ramvfin2003} actu inval?
[07:03] {Threei} for now
[07:03] {Threei} new consolidation may make it valid again later
[07:04] {dino} 1/3 drys for swing 115
[07:05] {dino} ustr
[07:08] {dino} ustr s .09, hl, stop hod
[07:09] {Threei} SPWR dino
[07:11] {Threei} we have bunch of economic numbers, oil reserves AND FOMC on top
[07:11] {Threei} what a day
[07:11] {Threei} WHITE HOUSE LAZEAR: HOUSING WEAKNESS DOES NOT APPEAR TO BE LEAKING INTO OTHER PARTS OF ECONOMY
[07:11] {Threei} not leaking into white house he means?
[07:12] {Threei} PAYX stopped
[07:13] {dino} spwr s, but higher up, 130 magnet imo
[07:15] {dino} or not
[07:15] {Threei} BRCD
[07:15] {Threei} slow and somewhat narrow
[07:15] {Threei} nice daily though
[07:16] {Threei} not sure if there is a play in it... see if you like it
[07:18] {dino} ustr bstop to .86
[07:20] {dino} ouch, stopped major slippage to .03, +.06, that sucked
[07:20] {Threei} nature of the beast...
[07:20] {dino} i shall kill that beast
[07:20] {dino} :)\
[07:21] {Threei} Dino the Dragon Slayer
[07:21] {cosmo} SIRF's up
[07:21] {cosmo} .74 hod
[07:24] {Threei} NTCT
[07:25] {Threei} wierdo... nevermind
[07:27] {Threei} oh cool... bank of Ghana wants to give me 35% of $5,620,000.00
[07:28] {dino} wow, me too
[07:28] {dino} via fax, which was strange
[07:28] {Threei} and that's on top of all my nigerian and ivory coast neverending luck
[07:28] {Threei} just how lucky are we dino
[07:28] {dino} it's the power of the easy button
[07:29] {Threei} Mr. Bright Addo is my hero... yours?
[07:29] {dino} ?
[07:29] {Threei} name of branch manager who begs me to take the money
[07:30] {dino} oh, i didn't remember the name, fast read and toss, ya know
[07:30] {dino} afraid magoo would see it
[07:30] {Threei} you mean you are not going to claim it??
[07:30] {esemde} CSUN
[07:30] {dino} it just wouldn't be right
[07:31] {Threei} oil numbers coming in
[07:31] {Threei} *DOE CRUDE: -3.9M V +300KE; GASOLINE: +1.3M V -250KE; DISTILLATE: +800K V -1.5ME; CAPACITY ULITILIZATION: % V 87.6%E
[07:31] {Threei} - API Gasoline-785K
[07:32] {Threei} - API Distillate: +3.1M
[07:32] {Threei} so, we have less crude, more gfasoline, more distillate than expected
[07:33] {Threei} and what is market supposed to do about those numbers?
[07:33] {Threei} and why is it a concern on weekly basis?
[07:33] {dino} nothing
[07:33] {Threei} what nonsense...
[07:33] {Threei} I can see Raven holding his nose
[07:33] {Threei} beak?
[07:34] {dino} or picking it
[07:34] {esemde} DXCM
[07:36] {Threei} BALTIC EXCHANGE CHIEF CONFIRMS THE DRY FREIGHT INDEX FOR SEABOURN COMMODITIES HAD ITS BIGGEST ONE DAY DROP OF THE YEAR
[07:36] {Threei} and without his confirmation we had doubts eh?
[07:36] {Threei} CSUN ticking... no news that I see
[07:37] {Threei} nothing technical either
[07:37] {dino} risky, sm l grmn .25
[07:37] {Raven} hey !
[07:37] {cosmo} hay?
[07:37] {Raven} OK
[07:38] {dino} out .75, +.50
[07:38] {Raven} still smell smoke cosmo ?
[07:39] {dino} lol raven
[07:39] {cosmo} i never did....btw, you get all that peanut butter off your beak?
[07:39] {dino} ustr feels like soike coming
[07:39] {Raven} liar ... and yes
[07:39] {Raven} there was smoke in Paradise
[07:40] {dino} spike, i mean
[07:40] {cosmo} i did smell some reintrained particulate three days after
[07:40] {Threei} SOHU
[07:40] {Threei} scary one
[07:40] {Raven} reintrained ?
[07:40] {cosmo} but thats not smoke
[07:40] {dino} brb
[07:40] {cosmo} checking...
[07:40] {Threei} .90 is long trigger
[07:40] {Threei} small shares, very volatile
[07:41] {bruce} stop .35 vad?
[07:41] {Threei} depends on low of this pullback
[07:41] {Threei} if sets up from here,
[07:41] {cosmo} reintrained =} dust that would fall within the PM-10 classification ...
[07:42] {Threei} stop under .50, target is somewhere closer to 60
[07:42] {Raven} oh for god's ske ...
[07:42] {Raven} sake
[07:42] {cosmo} well... if you insist
[07:43] {Raven} SIGH ... but, enough of this prattle ... I must take a hike now ... later
[07:43] {Threei} come on SOHU, take 59
[07:44] {Threei} that should be launching pad
[07:44] {Threei} NQ 2230 break should set the rally in motion
[07:44] {bruce} in sohu .85
[07:46] * Threei kicks SOHU in the rear with heavy duty army boots, steel toe and all
[07:47] {Threei} ARCA is annoying at .88
[07:53] {Threei} do I see MSFT making 52 week highs or am I hallucinating
[07:54] {magoo} vad, dcc
[07:57] {bruce} stop qround here sohu vad?
[07:58] {Threei} under .50
[07:58] {bruce} k
[08:05] {Threei} ESLR picks up strength again
[08:07] {esemde} am not on the ball today....staring at things but not making it happen.....CVLT ISIS....what am i thinkin
[08:10] {dino} morn l hl .95
[08:14] {dino} take a break ese, go for 30 min. walk
[08:14] {dino} mblx
[08:15] {Threei} out SOHU
[08:16] {bruce} stopped sohu
[08:16] {esemde} nj Vad
[08:16] {Threei} disgusting day... as it well should be
[08:24] {bruce} sory vad - jinxed you on sohu
[08:24] {Threei} difficult call... but still
[08:24] {Threei} ESLR .51 long
[08:24] {bruce} any read eslr?
[08:25] {Threei} .39 stop
[08:30] {dino} morn stopped -.45
[08:31] {dino} rinsed
[08:32] {Threei} ATHR
[08:32] {Threei} if it can break 35 it can go to 36
[08:35] {esemde} Iong ESLR .50
[08:36] {bruce} l eslr .51
[08:36] {esemde} what time does the royal rpnouncement come out
[08:37] {Threei} 2:15 EST
[08:37] {esemde} tks
[08:38] {Threei} if ATHR sets up from here stop is under .70
[08:40] {esemde} ESLR 'E'xtra, 'S'tock 'L'aunch 'R'ocket ...hopefully....
[08:41] {esemde} Boredom.....let me look that up in the dictionary....hmmmm
[08:44] {esemde} could fly if it gets by yesterdays high of .60
[08:44] {Threei} ah come on ATHR... you gnawed through all those enrmous offers just to sit there??
[08:44] {esemde} make that the day before
[08:45] {esemde} athr should fly to Vad
[08:45] {dino} risky, l grmn .10
[08:46] {esemde} over here...over there....comin in on a wing and a prayere.....the yanks are comin ...the yanks are comin ...there coe come comin everywhere....alll together now!!!! over here........
[08:47] {esemde} old WW2 song......thought it would be uplifting
[08:47] {Threei} hmmm
[08:47] {Threei} I can feel some uplifting
[08:48] {Threei} but ATHR at 36 would make this feeling strongere
[08:48] {esemde} indeed....same with ESLR
[08:49] {dino} stopped grmn .98-.12\
[08:50] {esemde} quelle drag....
[08:58] {dino} what a rinse on grmn, drops 1.50 then back in a flash
[09:02] {Threei} ATHR found inner strength in its heart
[09:04] {Threei} over 1:1
[09:04] {ramvfin2003} anyone alive?
[09:04] {Threei} ?
[09:04] {ramvfin2003} sorry was booted
[09:04] {Threei} new high ESLR
[09:05] {Threei} new high NQ
[09:05] {Threei} new high ATHR
[09:05] {esemde} i'm likin it...
[09:05] {Threei} ESLR at daily resistance
[09:05] {Threei} broke
[09:07] {dino} rinsed on last two, taking lunch break
[09:08] {esemde} take care dino
[09:13] {dino} ty ese, no worries very good day so far
[09:15] {Threei} half out ESLR
[09:15] {Threei} ditto ATHR
[09:15] {esemde} nice job Vad
[09:16] {esemde} i shall follow suit
[09:16] {Threei} both look good for more... but today is very unusual day, after two very unusual weeks
[09:16] {Threei} so I give them a chance but secure half
[09:17] {esemde} tks by the way
[09:17] {Threei} welcome
[09:24] {esemde} have a great rest of the day everyone....duty calls
[09:25] {Threei} take care ese
[09:25] {dino} take care ese
[09:31] {bruce} out eslr in full
[09:32] {Threei} traitor
[09:32] {Threei} kidding :)
[09:32] {bruce} dont want to get hit again vad
[09:33] {Threei} nothing's worng with booking profit on such day
[09:33] {Threei} or any other day for that matter
[09:33] {bruce} sohu was nasty - I got 12c slippage on stop
[09:34] {Threei} that's why it was small shares play
[09:35] {bruce} ptv any read?
[09:35] {dino} hate when that happens bruce, slippage bad lately
[09:36] {bruce} yes - saw you take soem nasty ones dino
[09:36] {Threei} no bruce
[09:36] {Threei} 30 cents range
[09:36] {dino} turning wins into flats
[09:36] {Threei} too narrow to count on anything worthy
[09:37] {bruce} k
[09:39] {dino} grmn capit
[09:44] {dino} grmn sm l .25
[09:46] {bruce} stop 109.75 or so dino?
[09:49] {dino} out .75, +.50
[09:49] {dino} y bruce sorry, someone here
[09:50] {bruce} k - gj - didn't take it but thought a .5 stop was probably about right
[09:50] {dino} yeah, 400 shares, give it room
[09:51] {bruce} thought so
[09:51] {bruce} thanx
[09:52] {dino} np
[09:57] {dino} again?
[10:04] {bruce} not sure - looks like it wants to continue soth dino
[10:06] {dino} good call
[10:07] {bruce} thanx
[10:07] {dino} 109.50ish
[10:10] {bruce} k
[10:12] {dino} ssrx crash
[10:16] {Threei} scanner slowed down to a crawl
[10:18] {bruce} drys - finally put in a bit of a recovery
[10:18] {bruce} grmn almost to 109.50
[10:19] {dino} fgeels lower
[10:19] {bruce} don't think it will hold dino
[10:19] {bruce} agreed
[10:21] {dino} 108.50's
[10:23] {bruce} still holding secon half eslr vad?
[10:24] {Threei} no, hit trailing stop at .49
[10:24] {bruce} k
[10:25] {Threei} routine principle - half out, stop to under b/e
[10:25] {bruce} k
[10:26] {bruce} I set a more agressive stop on second half today
[10:26] {Threei} nothing worng with that
[10:26] {bruce} wanted to hang on to be on second half
[10:28] {bruce} you generally stop trading before fed announcement vad?
[10:28] {bruce} its not far off onw
[10:28] {Threei} of course I do
[10:29] {Threei} you saw the volstility of fist minutes after announcement?
[10:29] {Threei} who needs to get caught on a wrong side of it
[10:30] {bruce} true
[10:30] {Threei} and gambling on what side is right is as far from my approach as star Bethelgeizer (or however you spell it) is from pacific Ocean bottom
[10:33] {Chaeron} Betelgeuse and the Marianas Trench?
[10:34] {Threei} thank you
[10:34] {Chaeron} ... that's far...
[10:34] {Threei} my spelling knowledge increases by minute
[10:34] {Chaeron} and I'll think of you tonight when I see Orion
[10:34] {Threei} couple years more, and Raven will be proud of me
[10:35] {Chaeron} I wish my Russian was 1/10 as good as your English
[10:35] {Threei} wait
[10:35] {Threei} you mean... all this time I spoke English?
[10:36] {Chaeron} what you thought Canadian?
[10:36] {Threei} its british columbian dialect to be exact
[10:36] {Threei} or is it eqzakt?
[10:36] {Chaeron} eh?
[10:37] {bruce} lol
[10:37] {bruce} my geography knowledge increases by minutes
[10:37] {Threei} side benefit of RT room bruce
[10:38] {Threei} and if you get on a good side of Raven... there is no telling to what you may learn
[10:38] {bruce} truly amazing
[10:39] {Threei} of course there is a problem with raven's good side...
[10:39] {Threei} he gueards this secret so thoroughly, he can't remember himself which one it is
[10:40] {bruce} ravens quiet today
[10:41] {bruce} probably looking for trout
[10:42] {dino} grmn l sm .02
[10:42] {dino} stop .68
[10:50] {Threei} 25 minutes till popcorn time
[10:51] {Raven} do what ?
[10:52] {Threei} {--- hiding
[10:52] {Raven} hmmm ...
[10:52] {Threei} {--- hiding under the nearest rock
[10:52] {Threei} {--- hiding deeper
[10:52] {dino} stopped grmn -.34
[10:52] * Raven hammers the rock
[10:53] {Threei} {--- digging hectically
[10:53] * Raven pours boiling oil over rock
[10:54] {Threei} {----- trying to chosew betwen rolling over and giving up or fighting back
[10:54] {magoo} u guys miss me?
[10:54] {Threei} very mcuh
[10:54] * Raven goes back to reading Investors Business Daily ... god knows why
[10:54] {Threei} lol
[10:54] {Raven} filler
[10:55] {Threei} you missed vicious albeit brief fight magoo
[10:56] {Threei} market starts wierd moves
[10:56] {Threei} gamblers adjust their positions
[10:56] {bruce} we've been talking behind your back all morning mags
[10:58] {magoo} lol
[10:58] {bruce} nothing really bad
[10:58] {bruce} just the usual trash
[10:58] {bruce} about your character
[10:59] {Threei} and appearance
[10:59] {Threei} some may have mentioned spelling
[10:59] {Threei} but those are particularly mean
[11:00] {bruce} lol -no names please vad
[11:00] {bruce} raven doesn't need the headaches
[11:00] {dino} and magoo's weight
[11:01] {bruce} lol - thqat diet of magoos not working?
[11:02] {bruce} grm n finally formed higher low dino
[11:03] {dino} :)
[11:03] {dino} i shouldn't pick on him, he dud buy lunch
[11:03] {dino} yes bruce, thinking 110 again, but not too sure
[11:09] {bruce} thinking l herre in grmn dino
[11:09] {dino} waiting for fed
[11:09] {dino} where
[11:09] {Threei} sooo... give us our .25 cut and let's get it over with
[11:10] {dino} nice bruce, gj
[11:10] {Threei} better yet... say no cut needed, market stalls in shock for a second, then expodes happily
[11:10] {bruce} ddidn't get .35 offer
[11:10] {bruce} bid rather
[11:11] {dino} ok
[11:12] {bruce} had .35 bid with stop set to .85
[11:13] {dino} good imo
[11:13] {dino} wait now
[11:14] {bruce} in .25
[11:15] {dino} gl
[11:15] {dino} decision coming, will whip
[11:15] {dino} .25
[11:15] {Threei} *FOMC CUTS FED FUNDS RATE 25BPS TO 4.50%, AS EXPECTED
[11:16] {Chaeron} sigh
[11:16] {Chaeron} 14:15 10/31 *DJ FOMC Voted 9-1 For Fed Funds Rate Cut; Hoenig Dissented
[11:16] {bruce} out .65
[11:16] {bruce} geesh
[11:16] {bruce} scre3en froz
[11:17] {Threei} up now
[11:17] {dino} gj bruce, but ballsy w/fed 1 min. away
[11:18] {bruce} no - just stupid
[11:19] {bruce} I feel the trout coming
[11:19] {dino} lol
[11:19] {dino} picked up some "luck"
[11:20] {bruce} could use some more of that dino
[11:20] {Threei} down now
[11:21] {dino} make your luck
[11:21] {bruce} yah - I do
[11:21] {Threei} right on cue
[11:22] {bruce} dow dumped more than 100 poi9nts
[11:23] {bruce} isn't there oftn an immeidaite overreaction -
[11:23] {dino} its happening
[11:23] {bruce} with a boucne3 later in other direction vad?
[11:23] {dino} usually 3
[11:23] {bruce} k
[11:23] {bruce} ping pong
[11:25] {Threei} yes bruce
[11:30] {dino} and up we go for a bit
[11:31] {bruce} now lads - where is the money?
[11:31] {Threei} NQ 1 min chart is out of mental institution client paintings
[11:32] {bruce} oh - thought it looked like one of my drawings
[11:32] {dino} not yet bruce, i want one more swing
[11:36] {dino} going down again
[11:37] {Threei} this last bounce was stronger than I would expect
[11:37] {dino} higher mkt low
[11:40] {Threei} (CA) PRIME MINISTER: MANUFACTURING SECTOR IS IN CRISIS, BUT GOVERNMENT ADDRESSING THE ISSUE
[11:41] {dino} hmm
[11:41] {Threei} feels to me up from here
[11:42] {bruce} hmm
[11:42] {bruce} free car to all canadaians to boost ato manufacturing?
[11:43] {dino} you need to weaken your dollar
[11:43] {Threei} you have no idea dino
[11:44] {dino} airm
[11:44] {dino} my thoughts, weaker dollar, more exports
[11:45] {dino} more exports=more jobs
[11:45] {Threei} today's level of CAD is a slow death for country
[11:45] {Threei} up it is
[11:45] {dino} yes, this strong dollar stuff is not correct. most do not get it
[11:45] {dino} same with balanced bugets
[11:45] {Threei} volatilit is still high but it looks like market has decided on furthwer direction
[11:46] {bruce} vads just saying that cause hes not retir3d yet
[11:47] {Threei} yeah
[11:47] {Threei} a few years ago for each $USD 1000 I made I recieved CAD 1600
[11:48] {Threei} today I get CAD 950
[11:48] {Threei} how about that
[11:48] {dino} what you need to do is buy us real estate soon vad, its' cheaper for you
[11:49] {Threei} great... additionally to market specualtion I will have RE speculation :)
[11:49] {Threei} in capitulating market, no less
[11:49] {dino} aaaahhhhhhhhh, look who you are talking to
[11:49] {Threei} hehe
[11:49] {bruce} thats a terible problem to have vad
[11:49] {dino} again, buy the blood
[11:50] {bruce} eslr did OK today after all
[11:51] {Threei} OK is understatement of the day
[11:51] {Threei} huge jump
[11:51] {dino} grmn l .00
[11:51] {dino} hl
[11:52] {Threei} NQ goes to 2250
[11:52] {Threei} maybe even today
[11:53] {dino} drys treating me better today
[11:54] {dino} out .26
[11:54] {dino} +.26
[11:54] {dino} too soon
[11:55] {Threei} almost certainly today
[11:56] {dino} wow, stupid sale
[11:57] {Threei} half point left
[11:57] {Threei} ding ding 2250
[11:58] {dino} i wasn't paying attn to my old friend dwsn
[11:58] {dino} darn
[12:01] {dino} grmn down again under 110
[12:01] {dino} back in 10
[12:02] {bruce} just as well you got out dino
[12:02] {markweb} ESLR short?
[12:08] {Threei} can't tell mark
[12:08] {Threei} there is no rhyme to the movement
[12:09] {markweb} ty
[12:13] {dino} bottom grmn?
[12:14] {Threei} I would feel much safer closer to 108.50
[12:15] {dino} waiting at 108.51
[12:17] {dino} dropped it .30
[12:23] {dino} not even close
[12:30] {Threei} here it comes
[12:34] {Threei} in dino?
[12:35] {Threei} me scalped for .31
[12:36] {dino} gj, distracted a bit
[12:36] {bruce} congrats vad
[12:37] {dino} my kids get off the bus at 3 and come to my office for last hour, so, as you can imagine...
[12:38] {bruce} lol - you let them push buttons ofr you dino?
[12:39] {dino} noooooo
[12:40] {Threei} ah come on
[12:40] {Threei} I let my cat do it
[12:40] {Threei} you sure can allow your kids some fun
[12:40] {dino} my son runs his 5th grade investment class, always asking me q's
[12:40] {bruce} is taht your secret vad?
[12:40] {bruce} cat makes your trading calls?
[12:41] {dino} told him to buy gs, drys, and nyx all in sept., but does he listen?
[12:41] {Threei} no... he just trades
[12:41] {Threei} she
[12:42] {Threei} seriously though, I had to disable keyboard shortcuts
[12:43] {Raven} what about the hairless mouse ?
[12:43] {bruce} can understqand why
[12:43] {Threei} lol R
[12:47] {dino} calling it a very good day. thx all appreciated the ideas
[12:47] {bruce} welcome dino
[12:48] {bruce} have a good one
[12:48] {Threei} take care dino
[12:48] {dino} ty, u2
[12:49] {bruce} signing off as well
[12:49] {bruce} bye alland see you in am
[12:49] {Threei} Ok guys, thank you all
[12:49] {Threei} I think we handled today very well
[12:50] {Threei} extremely confusing day, so restraint was prescribed
[12:50] {Threei} have a good evening, see you tomorrow
Tuesday, October 30, 2007
October 30, 2007
Session Start: Tue Oct 30 00:00:00 2007
Session Time: Tue Oct 30 00:00:00 2007
[05:23] {bruce} gm all
[05:26] {Threei} Good morning
[05:26] {Threei} why oh why didn't I mistakenly push buy buton on SCON yesterday and forget all about it till today
[05:27] {bruce} thats not the question
[05:27] {Threei} no?
[05:27] {bruce} ? is why or oh why didn
[05:27] {bruce} t you advise all of us to do that?
[05:27] {Threei} ah
[05:27] {bruce} lol
[05:27] {Threei} {--- working on new alert: "Mistakenly buy ABCD"
[05:28] {bruce} cool
[05:28] {Threei} that's a good idea actually
[05:28] {Threei} if it works, I am all like "see, I can make money even when mistaken",
[05:28] {Threei} if it doesn't, "Told ya it was a mistake"
[05:29] {Threei} either way I am a hero
[05:29] {bruce} lol
[05:29] {bruce} have to checkw others on their definition of "hero"
[05:31] {Threei} as famous russian poet said, "you are your own supreme court"
[05:32] {Threei} but he also said "do not distinguish between victory and defeat"... I guess he wasn't trader really
[05:33] {bruce} I think thats a prety good guess
[05:34] {Threei} CSUN is a comedy of errors for me at the close and open
[05:35] {Threei} it started breaking 11.50, I totally forgot that we had just a minute left till close,
[05:35] {Threei} so I bought,
[05:35] {Threei} then level 2 all but disappeared on me,
[05:35] {Threei} I realized market was closed
[05:35] {Threei} so not wishing to carry it overnight I stuck around a bit and dumped it at 11.56
[05:36] {Threei} for whole 60 bucks of profit minus commissions
[05:36] {bruce} tough one _ i et some guys that play pre and aftermarket a lot
[05:36] {Threei} then in the morning fired up Laser 10 min after opening
[05:36] {bruce} but i don't like doing it
[05:36] {bruce} ridiculous spread
[05:36] {Threei} and saw that if I did have it I'd have to dump it right when trading started
[05:37] {Threei} went down ever since
[05:37] {bruce} 6\nothing wrong w 60. vad
[05:37] {Threei} well... better than poke in the eye
[05:38] {bruce} lol
[05:38] {bruce} better thqan 200. loss
[05:38] {Threei} but poet said?....
[05:39] {magoo} morning RT
[05:39] {Threei} magoo :)
[05:40] {bruce} "it's not whether you win or lose but how you play the game?"
[05:40] {bruce} thats crap for traders
[05:40] {bruce} morning mags
[05:40] {Threei} well... applied to any given trade it's true actually
[05:41] {bruce} k- you got me there
[05:41] {Threei} remember definition opf good trade vs bad one?
[05:41] {bruce} yes - good ones make money
[05:42] {Threei} it's just that in trading, if you play it right, while each given trade's putcome is pretty much random, overall you will make money
[05:42] {Threei} nope... wrong definition
[05:42] {bruce} lol - I knew that was coming
[05:42] {bruce} yadda yadda yadda
[05:43] {magoo} OY
[05:43] {bruce} its about following your stratgy - complete w stops
[05:43] {magoo} too early
[05:43] {bruce} heck - I've been doing that -
[05:50] {magoo} so then bruce, u been winning overall?
[05:50] {bruce} no mags
[05:50] {bruce} down on month
[05:51] {dptl} good morning all
[05:51] {Threei} dp
[05:51] {bruce} seem to have a knack for entering trades that either don't work - or don't play oout on second half
[05:51] {bruce} even losing an vqads calls
[05:51] {bruce} seem to miss the good wins and get into the others
[05:52] {bruce} hi dp - morning
[05:52] {Threei} so, are you going over your process of selection to nail the reason?
[05:52] {Threei} and to correct it?
[05:52] {bruce} I tend to favor the lower risk trades vad
[05:53] {bruce} not sure what I can correct
[05:53] {bruce} take more higher risk trades?
[05:53] {Threei} well, it's not like all lower risk trades were losers
[05:53] {cosmo} i like road kill...
[05:53] {Threei} higher risk ones just solid chunk
[05:54] {Threei} so, two things
[05:54] {bruce} not at all - but If I took it chances are it didn't plauy out
[05:54] {Threei} first, on lower risk ones gotta see if you play them correctly
[05:54] {bruce} I'm posting most trades - entry ande exit
[05:54] {Threei} and second, higher risk ones are still playable if you keep your shares small, no?
[05:54] {bruce} so you can see what I'm doing
[05:54] {bruce} true
[05:55] {magoo} i founnd that w/vad too...hemakes 5 call, hits 67.7% or 3 of 5, and i take only the 2 losers
[05:55] {magoo} so i take them all now
[05:55] {bruce} thats whats been happening to me
[05:55] {bruce} didn't track vads numbers
[05:55] {magoo} like yestewrday, vad was discouraged, thought everyone missed his calls
[05:55] {bruce} but he seems to have 1 or 2 real nice wins each day
[05:55] {bruce} and I cocnsisntently miss those ones
[05:56] {magoo} i was busy to post, BUT had taken them all
[05:56] {Threei} think of what you are trying to do in the following terms please
[05:56] {bruce} get in the others and end up flat
[05:56] {Threei} there is a strategy, or approach or style, whatever you want to call it
[05:56] {Threei} as any other strategy, it works with certain %
[05:56] {Threei} right?
[05:56] {bruce} understood vad
[05:56] {Threei} so,
[05:57] {Threei} when you are trying to sort out that strategy singals
[05:57] {Threei} in order to pick winning ones only
[05:57] {bruce} trading is just about putting odds in your favor
[05:57] {bruce} as dino says - anything can happen
[05:57] {Threei} what are trying to do is in fact an attempt to trade at 100%
[05:57] {magoo} vad, i think u win or as in, are up most everyday right?
[05:57] {Threei} You are effectively ruining the inner structure of the system
[05:58] {Threei} which is based on probabilities
[05:58] {bruce} maybe - but I don't think so
[05:58] {magoo} so bruce, need to take all his calls, so u catch the winning percent
[05:58] {Threei} you are trying to optimize it,
[05:58] {Threei} OK, nothing worng with that
[05:58] {bruce} someimtes I don't see your post till its too late
[05:58] {Threei} but by what parameters?
[05:59] {bruce} but maybe I am subconscoiusly picking the trades less likely to work out?
[05:59] {bruce} don't know
[05:59] {Threei} maybe,
[05:59] {cosmo} perfection = anything better than 65%
[05:59] {Threei} but major thing is
[05:59] {Threei} you are filtering out system's signals
[05:59] {Threei} by some criteria that you haven't tracked
[05:59] {Threei} so, whatever it is
[06:00] {magoo} btw, dino doesn't even believe his odds are better than 50/50
[06:00] {bruce} I have tended to avoid the plays like lulu
[06:00] {Threei} safe to assume that it may not be optimal filtering
[06:00] {Threei} well, LULU is special case
[06:00] {bruce} and you've done well with those in most part
[06:00] {Threei} that one you better avoid :)
[06:00] {Threei} or play 50 shares
[06:00] {magoo} he is just the most awesome disciplined STOP ARTIST since a young russian migrated to canada
[06:00] {Threei} 100 at best
[06:00] {markweb} gm all
[06:01] {Threei} mark :)
[06:01] {markweb} :)
[06:01] {bruce} I realaly need to turn this around
[06:01] {Threei} and that is correct... if you play it right, even 50/50 will work
[06:01] {bruce} I almost never take a trade without your advise vad or someone elses
[06:01] {bruce} so not sure what is wrong
[06:01] {Threei} why don't you get back to MPP's process bruce
[06:02] {Threei} it describes step by stepo how to hone the system
[06:02] {Threei} by analyzing the results
[06:02] {bruce} I'm hitting 50/50 already vad
[06:02] {Threei} you know pure blind following will never work
[06:02] {bruce} last week was good
[06:02] {bruce} 22 wins
[06:02] {bruce} 11 losses
[06:03] {Threei} sounds good to me providing losses were not bigger than wins
[06:03] {bruce} but overall profit was tiny
[06:03] {Threei} there
[06:03] {bruce} some of the wins were tiny
[06:03] {Threei} that's exactly the point where MPP process helps see why
[06:03] {bruce} like that play on monday - forget the stock
[06:03] {bruce} stoipped at 20
[06:03] {bruce} pivoted back
[06:04] {bruce} eneded up w a 3c win in it overall
[06:04] {bruce} pretty sure I played it right
[06:04] {bruce} but one lose knocks out 3 of those kind of small winds
[06:05] {Threei} you pretty much have your answer
[06:05] {bruce} my wins are to small
[06:05] {cosmo} its a phase bruce
[06:05] {Threei} or losses too big - but in any case, their ratio is wrong
[06:05] {bruce} as I said - tend to enther the trades that don't play out for significant wins
[06:06] {Threei} do you track what happens to them after your exit?
[06:06] {Threei} optimization procedure in MPP
[06:06] {bruce} not as recorded record no
[06:07] {Threei} who am I writing all those freakin books for... :)
[06:07] {bruce} but if a stock has been in play then I keep a thumbnail of it to see what it does
[06:07] {bruce} I tack win lose ratio and size or wins vad
[06:08] {Threei} but that's not enough for the purpose of optimization
[06:08] {bruce} but not all details like entry time share size , what stock does after exit
[06:08] {Threei} you can't optimize if you don't compare what you did to what you should have done
[06:08] {Threei} do me a favor
[06:08] {Threei} actually do it yourself :)
[06:08] {Threei} reread that part of MPP
[06:09] {Threei} follow the procedure
[06:09] {dino} gm all
[06:09] {Threei} dino :)
[06:09] {Threei} trust me, in everything I wrote, there is no single page of just filler
[06:10] {bruce} haven't seen that book of yours vad
[06:10] {bruce} morning dino
[06:11] {Threei} hmm?
[06:11] {Threei} master profit plan?
[06:11] {bruce} yes - haven't seen taht one
[06:11] {bruce} read your other book
[06:12] {Threei} I think I need to make it required reading for entering the room...
[06:12] {Threei} http://www.realitytrader.com/masterplan
[06:12] {bruce} I think I did a search for it but couldnt find it listed
[06:12] {Threei} ummm... right on our website...? :)
[06:13] {bruce} don't recall - I read a ton of stuyff
[06:13] {bruce} so probabnly looked to borrow it and wasn't able too
[06:13] {cosmo} ONNN off 22%
[06:14] {bruce} I read at least 3 books a week
[06:14] {Threei} hmmm
[06:14] {bruce} so If I bought them all I'd have thousands
[06:14] {bruce} so I borrow books
[06:14] {bruce} and buy the ones that are outstanding as refernece guides
[06:14] {Threei} my guess would be, you read a lot of stuff that clouds your thinking
[06:14] {bruce} lolo
[06:15] {bruce} clouding thinking
[06:15] {Threei} I am not kidding
[06:15] {bruce} thats me
[06:15] {Threei} there are no that many really great trading books that you could keep gpoing at such rate for any significant time
[06:15] {Threei} and there is a lot of
[06:16] {Threei} fluff for the lack of better polite word
[06:16] {bruce} I do read other stuff as well
[06:16] {dino} indeed
[06:16] {Threei} ask ese who read about 130 of them if I remember correctly
[06:16] {dino} simplify
[06:16] {bruce} there is a lot of nonsense wrtiien
[06:16] {Threei} and ask him what he ended up doing with them
[06:16] {bruce} ro stuff that used to work and doesn't nay more
[06:21] {bruce} ua
[06:21] {dino} ot; just started the millionaire traders book last night, interesting
[06:22] {bruce} did you wirite it dino?
[06:23] {dino} lol
[06:23] {dino} first guy interviewed, his bread and butter,.....intra-day capitulations
[06:24] {bruce} hmm - sounds familiar
[06:27] {cosmo} ONNN 10 soon
[06:32] {magoo} ATHR nuts
[06:33] {dino} good report 50%
[06:33] {Roman} GIGM
[06:35] {Threei} ACTU .15 long
[06:35] {Threei} stop under 8
[06:35] {magoo} in
[06:37] {bruce} in .17
[06:39] {dino} amed
[06:39] {dino} twll
[06:42] {Roman} long TOPT
[06:42] {dino} lcav
[06:43] {Roman} ASTI on radar for breakout
[06:43] {dino} twll s hl .94
[06:46] {magoo} vad, u reading SCON?
[06:47] {Threei} keeping it on radar
[06:47] {magoo} bounce time ATHR
[06:47] {dino} lcav hl l .01, wide, careful
[06:49] {dino} cov twll .70, +.24
[06:49] {Threei} LUNA... up and up, and no decent entry
[06:49] {dino} too soon
[06:50] {bruce} what would stop have been for lcav dino - about .75 or so?
[06:50] {dino} powi
[06:52] {dino} missed
[06:52] {Threei} CTDC 10.40 long trigger if melts down
[06:53] {ramvfin2003} vad, target on ACTU?
[06:53] {Threei} it's making 52 week highs, uncharted territory
[06:54] {Threei} no assigned target, gotta go with reading as it moves
[06:54] {magoo} in CTDC .39
[06:54] {bruce} what do you mean by melts down - you want to see a retracement first vad?
[06:54] {Threei} no, big offer getting scrolled fast
[06:54] {Threei} there
[06:54] {bruce} k
[06:55] {Threei} stop .20
[06:56] {bruce} in ct\dc .38
[06:57] {magoo} now lay out bruce so u fill first
[06:57] {magoo} i at .71
[06:57] {Threei} 1:1, half out, scalpers take profit
[06:57] {esemde} morning.....i'm late to the party
[06:57] {Threei} stop to .29 for the balance
[06:57] {dino} grounded
[06:57] {Threei} hi ese
[06:58] {esemde} dino , Vad bruce magoo
[06:58] {magoo} ES:)
[06:58] {bruce} hi ese
[06:58] {dino} :)\
[06:59] {dino} scanner going green
[07:00] {Threei} *OCT CONSUMER CONFIDENCE: 95.6 V 99.0E
[07:01] {dino} out lcav .38, +.37
[07:02] {magoo} nice dino
[07:02] {dino} ty
[07:02] {magoo} i like ctdc to get near 11
[07:02] {ramvfin2003} nice size bid on actu @ .24
[07:05] {magoo} ACTU what the f.........
[07:05] {Threei} second time it does that
[07:05] {Threei} never mind these games
[07:05] {Threei} stop under 8 still
[07:06] {Threei} huge offers don't take it under the stop, huge bids don't prop it over the resistance - games
[07:06] {Threei} if uncomfortable, just dump it for little profit
[07:07] {bruce} stopped ctcd
[07:07] {Threei} partialled at 1: 1 earlier though?
[07:08] {dino} sepr hl s .50
[07:08] {bruce} no offered out at .65 and didn't get taken
[07:09] {Roman} short QMAR
[07:09] {Threei} bruce... it was above 1:1 twice... don't let a winner turn into loss
[07:09] {bruce} try not too - missed on that one
[07:10] {Threei} you overthink them
[07:10] {Threei} it's there, take it
[07:10] {Threei} can always reenter, never can re-exit
[07:11] {Threei} it's like stumbling onto $100 laying on the street and not taking it in hope you will find $500 in a few steps
[07:11] {bruce} initial stop was .20
[07:11] {Threei} yes
[07:11] {bruce} tried for just a tad better and didn't work
[07:11] {Threei} 20 cents
[07:11] {bruce} realistiacally - with commissions - you need 5 more c to get 1 to 1
[07:11] {Threei} commissions is not something market considers
[07:12] {Threei} stock moves by its own rules
[07:12] {bruce} no
[07:12] {Threei} not by your financial circumstances
[07:12] {bruce} anyway - thought it would make it and follwing adtu at same time
[07:12] {Threei} and its rules are, more often than not they reverse or pullback around 1:1 level
[07:13] {Threei} your fast sell feature is exactly for that:
[07:13] {Threei} offer it where you want but be ready to hit the bid if it doesn't take
[07:14] {bruce} considered it but big spread
[07:14] {bruce} fast sell would take 10 c off exit on that trade
[07:14] {Threei} so try to undcercut offer while buying pressure is there
[07:14] {bruce} needed to exit on offer
[07:15] {Threei} but on stocks with jumping spread where you need offer price for exit, you need to exit when you can, not when you have top
[07:15] {bruce} my offer was there - just need ed the one quick spike and didn't get
[07:15] {Threei} which means offering into buying
[07:15] {bruce} ynderstood vad
[07:17] {dino} sepr bstop to .61, not moving
[07:17] {Threei} for those who doesn't use Laser, this strategy can be dangerous
[07:17] {ramvfin2003} SCON
[07:17] {Threei} since you need to cancel, then re-enter, otherwise you risk to get two exits and find yourself in involutary short position
[07:18] {Threei} with Laser, make sure you have Fast Sell activated
[07:18] {Threei} then cancel and reenter will be done automatically and instantly
[07:18] {magoo} nice alert ram
[07:19] {dino} cov sepr .26, +.24
[07:20] {markweb} thanks dino:)
[07:20] {Roman} cover QMAR -.04
[07:21] {dino} gj mark
[07:21] {markweb} ty
[07:21] {dino} waiting on twll again, at .98
[07:21] {esemde} scon...just a movin and a groovin last couple of weeks
[07:22] {dino} i can't short scon, so off my screen
[07:22] {dino} don't like it when can only play one direction
[07:25] {dino} lcav hl l .55
[07:25] {Roman} GIGA
[07:25] {Roman} in small 3.00 early
[07:25] {magoo} out now SCON .64 TY RAM
[07:26] {ramvfin2003} yw, didnt do anything though, just saw it breaking out
[07:26] {dino} twll, s hl .98
[07:27] {bruce} long consolidation for actu vad
[07:27] {bruce} is it worth holding?
[07:27] {dino} lcav jumpy carefu'
[07:27] {Threei} don't know what to say bruce
[07:28] {Threei} it will break or it will not
[07:28] {Threei} worth holding or not - from what point of view? :)
[07:28] {Threei} to me, it is
[07:28] {dino} faro
[07:28] {Threei} I am not putting any thinking into this kind of decisions
[07:28] {ramvfin2003} wakin up a bit for u bruce
[07:28] {Threei} stop is not hit
[07:28] {dino} bruce, keep your stop and let it trade, imo]
[07:29] {bruce} k- have found long consolidations often a danger sign of lack or strength
[07:29] {Threei} movements between stop and target is just noize
[07:29] {bruce} looks like it is going to go after all now though
[07:29] {Threei} you are 2 cents away from 1:1
[07:29] {Threei} if you are uncomfortable with it, offer it out
[07:31] {Threei} 1:1 ACTU
[07:31] {Threei} half out me
[07:31] {Threei} scalpers, take full prfoit
[07:31] {Threei} or how do you spell it
[07:31] {dino} \stopped lcav -.55
[07:32] {bruce} out actu
[07:32] {bruce} back to flat
[07:32] {Threei} stop to 8.14
[07:32] {dino} rinsed
[07:33] {ramvfin2003} out .35 actu ty vad
[07:33] {Threei} welcome
[07:35] {magoo} out here .32 ACTU TY vad
[07:35] {Threei} :)
[07:35] {ramvfin2003} SEPR?
[07:35] {dino} watching it
[07:40] {Threei} ININ, 25 long, half lot
[07:40] {Threei} stop under .80
[07:40] {Threei} even less than half lotr
[07:40] {Threei} thin
[07:40] {Threei} make sure big offers metl down before entry
[07:41] {magoo} long inin .94
[07:42] {magoo} KIDDING
[07:42] {Threei} as a punishment - you will be designated buyer of entire ETRD offer
[07:43] {dino} thin, l dwsn hl .43
[07:43] {magoo} in .99
[07:43] {bruce} missed entry
[07:44] {dino} esrx
[07:46] {dino} twll not moving, tighten bstop to .12
[07:46] {bruce} in at 25
[07:47] {markweb} seed?
[07:48] {Threei} don't see news
[07:48] {markweb} ty
[07:49] {Threei} ININ over 1:1ONSM
[07:49] {Threei} oops
[07:49] {Threei} ONSM
[07:49] {Threei} REAFFIRMS FY07 R$12.1M, SEES AT LEAST 40% Y/Y R$ GROWTH FOR FY08
[07:50] {Threei} ININ over 1:1
[07:50] {magoo} out here .24 TY vad
[07:50] {Threei} welcome
[07:50] {bruce} out inin .24
[07:50] {Threei} there... discipline brings profit
[07:50] {magoo} nice exit bruce
[07:50] {Threei} wait for pullback instead of chasing entry
[07:50] {bruce} thanks mags
[07:50] {Threei} offer out thin stock into buying
[07:57] * magoo slaps LaserDave1 around a bit with a large trout
[07:58] {magoo} uh vad, excuse me, a lil' help
[07:58] {Threei} I am in
[07:58] {dino} faro hl l .18
[07:58] * Threei slaps LaserDave1 around a bit with a large trout
[08:00] {magoo} all is right in world now
[08:00] {LaserDave1} im invited to another trout bbq?
[08:01] {Threei} invited? rather dragged in
[08:01] {LaserDave1} and put on the grill?
[08:02] {Threei} wrapped in foil
[08:02] {LaserDave1} nice
[08:02] {LaserDave1} the slow roast for a few hours?
[08:02] {Threei} yes, and we hope you brought sause to bust yourself
[08:02] {Threei} sauce
[08:02] {LaserDave1} i sure did
[08:03] {LaserDave1} sounds delicious
[08:03] {Threei} 3 for 3 so far, market going jerky again
[08:03] {Roman} ZIXI
[08:04] {Roman} long 1/2 size
[08:04] {Roman} 4.05
[08:10] {dino} dwsn stopped .31, -.12
[08:12] {dino} sepr s hl .86
[08:15] {markweb} dino u in FARO?
[08:16] {bruce} stop 26.15 dino?
[08:17] {dino} y
[08:17] {dino} not hard stop, too random, but we are at 37.93
[08:18] {dino} oh, sepr stop is at .12
[08:18] {bruce} s sepr at .96
[08:19] {dino} faro, break of .80, stopping
[08:19] {dino} good entry imo
[08:20] {bruce} thanks
[08:21] {dino} twll bstop to .75
[08:24] {dino} dwsn, rinse-r-oni
[08:25] {dino} amed going for hod
[08:26] {dino} twll to .71
[08:26] {dino} sepr drop
[08:27] {dino} bruce don't lose your profit, you had better entry
[08:28] {dino} get greedy on profits, book 'em, anything can happen
[08:28] {Threei} CTEL?
[08:28] {ramvfin2003} ASTI?
[08:28] {bruce} sepr stop to .85
[08:29] {Threei} what do you see on ASTI?
[08:29] {dino} too wide imo
[08:29] {dino} giving away too much profit
[08:29] {bruce} out sepr + .33
[08:29] {Threei} that's the way to do it bruce
[08:30] {dino} cov .56, +.30
[08:30] {bruce} you think I was too wide with .85 stop dino?
[08:30] {dino} nice bruce. don't give awy profits
[08:30] {dino} yes
[08:30] {bruce} were would you have set ?
[08:30] {bruce} need to give it some room to play out
[08:31] {dino} markets are random, forget what books/teachers say. they are inefficient on daily basis
[08:31] {bruce} I adjusted to small profit after the breakdown
[08:31] {dino} you had .36, so lock in at least .24
[08:31] {dino} imo of course
[08:32] {dino} see, its up now
[08:32] {bruce} nope - had .26
[08:32] {bruce} got in at .96 and hesitated at .70
[08:33] {dino} twll to .67
[08:33] {bruce} gave in 15 c to play out
[08:34] {dino} ok, ok, do you see what i'm talking about tho. i hate, absolutely hate, to give back once i'm imo
[08:34] {bruce} understood
[08:35] {dino} itm i mean
[08:35] {dino} faro stopped, slippage, sheesh, -.48
[08:35] {dino} at .70
[08:35] {dino} look at twll, my stop is .67
[08:36] {dino} faro, sucks, back to .99, off my screen
[08:37] {dino} cov twll .67, +.31
[08:38] {dino} frickin' flat. taking a bit of break
[08:49] {bruce} any read abk vad?
[08:50] {Threei} .70 breakdown short
[08:51] {bruce} k
[08:51] {Threei} .85 stop
[08:52] {bruce} k - was thinking about that
[08:52] {Threei} GREENSPAN: DOLLAR DECLINE ACCELERATING, TRADE GAP IMPLYING FURTHER DOLLAR EROSION
[08:53] {bruce} invalide play
[08:53] {Threei} yeah
[08:56] {Threei} QRCP?
[09:02] {Threei} someone accumulates all they sell at .42
[09:03] {Threei} ACTU 1:2
[09:05] {bruce} congrats on actu vad
[09:06] {Threei} ready to dump second half on a spike or .45 breakdown
[09:09] {Threei} out
[09:17] {markweb} missed SOHU
[09:18] {Threei} ARGN for you spike hunters
[09:20] {Threei} something is brewing on QRCP
[09:22] {Threei} GLGC found the way to solve all problems
[09:22] {Threei} SELECTS NEW COMPANY NAME: ORE PHARMACEUTICALS INC.
[09:22] {Threei} Biosolutions Ltd. Ownership of the name Gene Logic will transfer to Ocimum on the date of closing.
[09:26] {dino} amed hl s .60, stop .05
[09:36] {ramvfin2003} IT?
[09:36] {Threei} GIGM vertical
[09:37] {Threei} IT probably close to bounce level
[09:38] {bruce} amed s .95
[09:38] {Threei} hard to spot entry price, stop would be under .60
[09:42] {Threei} CNIC
[09:42] {Threei} has this habit of sudden spikes
[09:43] {Threei} 3.35 long with .19 stop... pure momo play
[09:47] {dino} amed stopped -.49
[09:47] {bruce} amed stopped
[09:49] {dino} pmti
[09:53] {Threei} wow... ACTU is not going to stop
[09:53] {bruce} nvda l vad?
[09:53] {Threei} ever
[09:53] {Threei} hmmm
[09:53] {bruce} it will if I buy it vad
[09:53] {Threei} lol
[09:54] {Threei} not sure on NVDA
[09:54] {bruce} k
[09:55] {Threei} so how about you buy ACTU, we short it, we will share profit as a token of appreciation of your self-sacrifice
[09:56] {bruce} lol
[09:56] {bruce} realistically?
[09:56] {bruce} not a bad idea
[09:58] {Threei} WATG?
[10:01] {dino} l hl it .98
[10:07] {dino} hl s pmti .02
[10:09] {bruce} .43 stop pmti dino?
[10:10] {dino} y
[10:13] {dino} it stop to .23
[10:15] {dino} stopped +.25
[10:16] {dino} thx ram, for alert
[10:19] {dino} rimm hl l .80
[10:28] {Threei} AKAM lost its mind
[10:28] {dino} out rimm .04, +.24
[10:30] {bruce} congrats dino -
[10:30] {bruce} what would stop have been in rimm - .50 or so?
[10:31] {bruce} would think you need pretty wide stop for rimm
[10:31] {dino} .39
[10:31] {bruce} k
[10:31] {dino} cut it early 'cause didn't like action
[10:31] {bruce} k - could see possible .10 resistance
[10:32] {dino} take pmti bstop to b/e
[10:32] {dino} chtt
[10:32] {dino} me too, got rejected strongly there
[10:32] {bruce} any read ua vad?
[10:33] {bruce} didn't qtaek rimm - I routinely get rinsed in it
[10:36] {dino} toughy
[10:36] {Threei} UA, I would prefer pullback
[10:36] {bruce} just thinking saqme - pullbacks have been pretty large
[10:42] {dino} stopped flat pmti
[10:42] {ramvfin2003} vad, read on SCON?
[10:44] {Threei} none... can do whatever here
[10:50] {dino} pmti stop was too tight
[10:50] {bruce} taking break for 30
[10:50] {Threei} WATG is probably going to tag 9
[10:50] {bruce} all your trades should start working nicley now guys
[10:52] {Threei} 8.40 is support for ACTU to watch, bounce hunters
[10:52] {markweb} u in WATG, Vad?
[10:52] {dino} lol
[10:52] {Threei} yes but from .82
[10:53] {markweb} ty
[10:53] {Threei} so my risk is not really existent here
[11:01] {dino} cphd partial fill s .54
[11:02] {dino} remainder at .50
[11:03] {dino} twll hl s .97
[11:05] {Threei} ACTU scalpable bounce right on cue
[11:08] {ramvfin2003} FLML?
[11:08] {Threei} long with stop under 12
[11:08] {Threei} .23 trigger
[11:08] {ramvfin2003} ty
[11:09] {Threei} if pulls back into 12, try to get in aggressively
[11:09] {dino} cphd stopped, .92 -.40
[11:11] {Threei} 9 WATG
[11:11] {ramvfin2003} l FLML .04
[11:12] {dino} bruce, still have pmti short?
[11:18] {Threei} FLML not holding support
[11:18] {dino} drys l .85 hl
[11:23] {dino} drooy
[11:24] {Threei} I don't remember DROOY ever being that perky
[11:24] {dino} s hl .80
[11:24] {Threei} no news that I see
[11:28] {magoo} who reports tonite vad?
[11:29] {Threei} nobody of significance
[11:30] {dino} twll cov .80, +.17
[11:35] {bruce} I didnt take pmti dino
[11:36] {markweb} i did from .17. thanks dino
[11:37] {bruce} nice entry mark
[11:37] {markweb} +.15 on PMTI
[11:37] {markweb} ty
[11:37] {dino} gj
[11:37] {markweb} missed DROOY:(
[11:38] {dino} i missed my cover
[11:38] {ramvfin2003} that FLML fee right apart
[11:40] {Threei} GOAM?
[11:41] {Threei} your baby Roman... what's up
[11:41] {Roman} the boyz are moving
[11:41] {dino} oh, ohhh, forgot order, sepr hl s .86
[11:42] {dino} cov drooy .20, +.60
[11:42] {markweb} nice
[11:42] {Threei} ACTU, anyone tried it off .40?
[11:43] {dino} very lucky
[11:43] {dino} but ty
[11:43] {magoo} i wish u called it with more cionviction
[11:43] {magoo} i would have then
[11:43] {markweb} dino, your baby DRYS out of contol
[11:44] {dino} y, stopped once on it
[11:45] {markweb} no Vad:(
[11:48] {Threei} ORCC?
[11:49] {dino} sepr bstop to .96
[11:50] {Threei} DIVX
[11:50] {Threei} AMENDING AGREEMENT WITH GOOG FOR MAXIMUM ALLOWABLE PAYMENTS
[11:51] {magoo} l .24
[11:51] {magoo} divx
[11:51] {dino} why down?
[11:52] {dino} tbsdi pain
[11:52] {Threei} something's fishy
[11:52] {Threei} evil in details
[11:52] {Threei} careful magoo
[11:52] {Threei} - Note pact amendment provides for termination on Nov 30
[11:52] {Threei} there
[11:53] {dino} terminates 11/30/07
[11:53] {dino} most likely giving divx gthe boot
[11:53] {magoo} out }27
[11:53] {magoo} skeered
[11:53] {bruce} drys neqar 120 dino?
[11:54] {Threei} +3 cents... don't spend it all at once, inflation is rampant even without you
[11:54] {Threei} looking to short a little DIVX
[11:55] {Threei} in 12
[11:55] {Threei} stop 12.30
[11:56] {Threei} come on traders, read carefully and dump it
[11:56] {Threei} half out .70
[11:56] {magoo} that was NICE
[11:57] {Threei} stop 12.10
[11:57] {magoo} ty for getting me out long
[11:57] {Threei} always
[11:58] {dino} nice one vad
[11:58] {Threei} ty
[11:58] {bruce} sure looked overextended already when you shorted vad
[11:58] {bruce} congratgs
[11:58] {markweb} nice vad
[11:59] {Threei} need new crop of readers
[11:59] {Threei} lol
[12:00] {bruce} scary trade - too quick for my taste
[12:01] {ramvfin2003} NM crushed past 15 min
[12:02] {dino} back in 10
[12:02] {Threei} stop to 12.01
[12:04] {magoo} look DROOY
[12:04] {Threei} sheesh
[12:06] {magoo} drys bounce somewhere vad?
[12:07] {bruce} drys STILL dropping
[12:07] {Threei} gosh
[12:07] {Threei} no idea :)
[12:07] {Threei} out DIVX
[12:07] {Roman} FSLR bouncer
[12:07] {Roman} 1 more drop
[12:09] {Roman} long small
[12:09] {Roman} 150.30
[12:09] {magoo} news DRYS??what the f.........
[12:10] {Threei} don't see anything
[12:10] {Roman} stopped FSLR
[12:11] {bruce} wow drys - looks like fslr won't bounce yet either
[12:14] {Threei} the way DROOY behaves I won't be suprized to see it over 10 again
[12:14] {magoo} i never saw a pop..drop..and re-pop like drooy
[12:15] {Roman} too early on FSLR
[12:15] {Roman} i mean stop too tight
[12:15] {dino} sepr bstop to .62
[12:16] {Threei} if .54 broken, worth a try DROOY
[12:16] {Threei} small
[12:16] {dino} stopped +.24
[12:22] {magoo} DRYS VAD, u gotta be reading it}??
[12:22] {dino} tbsi death
[12:22] {Threei} nope
[12:23] * magoo slaps Threei around a bit with a large trout
[12:23] {Threei} whatever... you won't get me into this monster
[12:23] * magoo slaps Threei around a bit with a large trout
[12:23] {Threei} no
[12:23] {bruce} it's in freefall - going to 110
[12:23] * magoo slaps Threei around a bit with a large trout
[12:23] * magoo slaps Threei around a bit with a large trout
[12:23] * magoo slaps Threei around a bit with a large trout
[12:24] {dino} egle drop
[12:24] {dptl} :)
[12:24] {Threei} ok ok... bid it at 50
[12:24] {bruce} lol mags
[12:24] {bruce} impatient for that reversal call are we?
[12:24] {dino} all the dry shippers, ocnf too
[12:24] {magoo} in
[12:24] {dino} hl l drys 114.00
[12:24] {magoo} out .80 he he
[12:29] {Threei} DRY BULK SHIPPERS RELATIVELY WEAK THIS AFTERNOON- most likely a technical pullback as many of these stocks have been trading at 52 week highs well above major moving averages. The spark for today's sell may have been comment about excessively high intl. shipping costs made by US Steel on its conference call, or a slip in the Baltic dry bulk freight index, which has doubled in the last four months, providing the lift for the freight stocks.{
[12:30] {bruce} relatively weak?
[12:30] {Threei} lol
[12:30] {Threei} no kidding
[12:31] {Threei} for them to call it very weak it would take what, 89% dump?
[12:31] {bruce} yes
[12:33] {cosmo} onnn
[12:33] {cosmo} 10.54 hod
[12:33] {cosmo} 10.55
[12:33] {bruce} did you get out drys dino?
[12:35] {bruce} mnst too cosmo - late in day for break though
[12:35] {dino} nope
[12:37] {Threei} let's do it DROOY
[12:37] {cosmo} bruce..onnn was roadkill with the will to live... which i like
[12:38] {cosmo} mnst?
[12:38] {bruce} lol
[12:38] {magoo} i hooked bidu sh 100 shares 385
[12:42] {dino} disconnected, back
[12:42] {Threei} both of you
[12:42] {dino} y
[12:43] {Threei} I have "Elvis left the building" alert on you and magoo
[12:45] {magoo} holy shit
[12:45] {magoo} crashed holding bidu
[12:45] {Threei} HEARING DRY BULK SHIPPERS DEFENDED AT JEFFERIES{EGLE DSX EXM GNK QMAR OCNF FREE DRYS}
[12:45] {magoo} out
[12:45] {Threei} Jefferies: stop selling, we haven't dumped uet
[12:46] {Threei} market: that's your defense?
[12:46] {Threei} Jefferies: sorry... that's all I got
[12:46] {bruce} wow - great play mags
[12:47] {magoo} covered 371.23 in a panic
[12:47] {magoo} + 14points
[12:47] {bruce} yes - amazing
[12:47] {magoo} i almost died when oiur system crashed
[12:48] {bruce} and cought it within 50c of top
[12:48] * Threei slaps magoo around a bit with a large trout
[12:48] {bruce} guess whos buying the beer?
[12:48] {Threei} Ifigured after such win you are in a good mood and I can slap you safely
[12:48] {magoo} i was screeming at tech guy in office to reboot dsl box in back room
[12:48] {Threei} screaming?
[12:48] {Threei} I would kick him
[12:48] {magoo} yeah, and tech guy is ....drumrol....
[12:48] {magoo} DINO
[12:49] {Threei} rofl
[12:49] {bruce} lol
[12:49] {dino} that lazy guy won't move
[12:49] {bruce} no offense -
[12:50] {bruce} \but yopu guys have major problems
[12:50] {Threei} yes bruce and they enjoy them
[12:50] {dino} nah
[12:50] {bruce} lol
[12:50] {magoo} {dino screams} hey, magoo just walked in and kicked me
[12:50] {bruce} be nice vad -
[12:51] {bruce} a nice trader gets the vodka
[12:51] {Threei} me? nice?
[12:51] {Threei} total oxymoron
[12:51] {magoo} u all look lovely today :)
[12:51] {bruce} lol
[12:51] {magoo} that was nice
[12:51] {Threei} magoo nice
[12:51] {Threei} that's disturbing
[12:52] {Threei} nice magoo is an image for halloween
[12:53] {bruce} thats scary vad
[12:53] {Threei} normal magoo is the one you can scare the living daylight out of children with... that's who I am comfortable with
[12:53] {Threei} sheesh DRYS
[12:53] {bruce} just about time for our 50 bid in drys
[12:53] {Threei} poor jefferies
[12:54] {bruce} good thing its only weak - like your relatives
[12:54] {bruce} I'll be crying all night for poor jefferies
[12:54] {Threei} ah that'll be nice
[12:55] {bruce} not like the b@sta#ds never stuck it to me on a trade or anything
[12:55] {Threei} DROOY finishes strongly
[12:56] {Threei} not that I am eager to find out why
[12:56] {Threei} but with lousy 200 shares I can sleep
[12:57] {bruce} you're long vad?
[12:57] {Threei} yeah
[12:57] {bruce} k
[12:57] {bruce} poor you then
[12:58] {Threei} why is that
[12:58] {magoo} man, drys
[12:58] {bruce} lol - looks like an OK trade to me
[12:59] {bruce} next stop 100. drys
[13:00] {Threei} thank you all
[13:00] {Threei} have a good evening, see you tomorrow for what promises to be a very interesting day
[13:01] {bruce} congrats again magoo - looks like a strong day for you
[13:01] {Threei} oh btw
[13:01] {Threei} if you want a little laugh
[13:01] {Threei} three l;ast pieces of news on DROOY
[13:02] {Threei} 05/23/07 07:41am [DROOY] HSBC Cuts DROOY from Neutral to Underweight.
[13:02] {Threei} 07/02/07 02:28am [DROOY] HSBC Raised DROOY from Underweight. to Neutral
[13:02] {Threei} 10/09/07 01:28am [DROOY] HSBC Cuts DROOY to Underweight. from Neutral
[13:02] {Threei} kind of two month exercise...
[13:03] {bruce} good point vad
[13:03] {bruce} in -house analyst is probably going on vacation
[13:04] {bruce} so they posted all his adivise today for next 2 months
[13:04] {dino} gn all
[13:04] {bruce} see you guys in am
[13:05] {magoo} ty bruce..ty vad
Session Close: Wed Oct 31 00:00:00 2007
Session Time: Tue Oct 30 00:00:00 2007
[05:23] {bruce} gm all
[05:26] {Threei} Good morning
[05:26] {Threei} why oh why didn't I mistakenly push buy buton on SCON yesterday and forget all about it till today
[05:27] {bruce} thats not the question
[05:27] {Threei} no?
[05:27] {bruce} ? is why or oh why didn
[05:27] {bruce} t you advise all of us to do that?
[05:27] {Threei} ah
[05:27] {bruce} lol
[05:27] {Threei} {--- working on new alert: "Mistakenly buy ABCD"
[05:28] {bruce} cool
[05:28] {Threei} that's a good idea actually
[05:28] {Threei} if it works, I am all like "see, I can make money even when mistaken",
[05:28] {Threei} if it doesn't, "Told ya it was a mistake"
[05:29] {Threei} either way I am a hero
[05:29] {bruce} lol
[05:29] {bruce} have to checkw others on their definition of "hero"
[05:31] {Threei} as famous russian poet said, "you are your own supreme court"
[05:32] {Threei} but he also said "do not distinguish between victory and defeat"... I guess he wasn't trader really
[05:33] {bruce} I think thats a prety good guess
[05:34] {Threei} CSUN is a comedy of errors for me at the close and open
[05:35] {Threei} it started breaking 11.50, I totally forgot that we had just a minute left till close,
[05:35] {Threei} so I bought,
[05:35] {Threei} then level 2 all but disappeared on me,
[05:35] {Threei} I realized market was closed
[05:35] {Threei} so not wishing to carry it overnight I stuck around a bit and dumped it at 11.56
[05:36] {Threei} for whole 60 bucks of profit minus commissions
[05:36] {bruce} tough one _ i et some guys that play pre and aftermarket a lot
[05:36] {Threei} then in the morning fired up Laser 10 min after opening
[05:36] {bruce} but i don't like doing it
[05:36] {bruce} ridiculous spread
[05:36] {Threei} and saw that if I did have it I'd have to dump it right when trading started
[05:37] {Threei} went down ever since
[05:37] {bruce} 6\nothing wrong w 60. vad
[05:37] {Threei} well... better than poke in the eye
[05:38] {bruce} lol
[05:38] {bruce} better thqan 200. loss
[05:38] {Threei} but poet said?....
[05:39] {magoo} morning RT
[05:39] {Threei} magoo :)
[05:40] {bruce} "it's not whether you win or lose but how you play the game?"
[05:40] {bruce} thats crap for traders
[05:40] {bruce} morning mags
[05:40] {Threei} well... applied to any given trade it's true actually
[05:41] {bruce} k- you got me there
[05:41] {Threei} remember definition opf good trade vs bad one?
[05:41] {bruce} yes - good ones make money
[05:42] {Threei} it's just that in trading, if you play it right, while each given trade's putcome is pretty much random, overall you will make money
[05:42] {Threei} nope... wrong definition
[05:42] {bruce} lol - I knew that was coming
[05:42] {bruce} yadda yadda yadda
[05:43] {magoo} OY
[05:43] {bruce} its about following your stratgy - complete w stops
[05:43] {magoo} too early
[05:43] {bruce} heck - I've been doing that -
[05:50] {magoo} so then bruce, u been winning overall?
[05:50] {bruce} no mags
[05:50] {bruce} down on month
[05:51] {dptl} good morning all
[05:51] {Threei} dp
[05:51] {bruce} seem to have a knack for entering trades that either don't work - or don't play oout on second half
[05:51] {bruce} even losing an vqads calls
[05:51] {bruce} seem to miss the good wins and get into the others
[05:52] {bruce} hi dp - morning
[05:52] {Threei} so, are you going over your process of selection to nail the reason?
[05:52] {Threei} and to correct it?
[05:52] {bruce} I tend to favor the lower risk trades vad
[05:53] {bruce} not sure what I can correct
[05:53] {bruce} take more higher risk trades?
[05:53] {Threei} well, it's not like all lower risk trades were losers
[05:53] {cosmo} i like road kill...
[05:53] {Threei} higher risk ones just solid chunk
[05:54] {Threei} so, two things
[05:54] {bruce} not at all - but If I took it chances are it didn't plauy out
[05:54] {Threei} first, on lower risk ones gotta see if you play them correctly
[05:54] {bruce} I'm posting most trades - entry ande exit
[05:54] {Threei} and second, higher risk ones are still playable if you keep your shares small, no?
[05:54] {bruce} so you can see what I'm doing
[05:54] {bruce} true
[05:55] {magoo} i founnd that w/vad too...hemakes 5 call, hits 67.7% or 3 of 5, and i take only the 2 losers
[05:55] {magoo} so i take them all now
[05:55] {bruce} thats whats been happening to me
[05:55] {bruce} didn't track vads numbers
[05:55] {magoo} like yestewrday, vad was discouraged, thought everyone missed his calls
[05:55] {bruce} but he seems to have 1 or 2 real nice wins each day
[05:55] {bruce} and I cocnsisntently miss those ones
[05:56] {magoo} i was busy to post, BUT had taken them all
[05:56] {Threei} think of what you are trying to do in the following terms please
[05:56] {bruce} get in the others and end up flat
[05:56] {Threei} there is a strategy, or approach or style, whatever you want to call it
[05:56] {Threei} as any other strategy, it works with certain %
[05:56] {Threei} right?
[05:56] {bruce} understood vad
[05:56] {Threei} so,
[05:57] {Threei} when you are trying to sort out that strategy singals
[05:57] {Threei} in order to pick winning ones only
[05:57] {bruce} trading is just about putting odds in your favor
[05:57] {bruce} as dino says - anything can happen
[05:57] {Threei} what are trying to do is in fact an attempt to trade at 100%
[05:57] {magoo} vad, i think u win or as in, are up most everyday right?
[05:57] {Threei} You are effectively ruining the inner structure of the system
[05:58] {Threei} which is based on probabilities
[05:58] {bruce} maybe - but I don't think so
[05:58] {magoo} so bruce, need to take all his calls, so u catch the winning percent
[05:58] {Threei} you are trying to optimize it,
[05:58] {Threei} OK, nothing worng with that
[05:58] {bruce} someimtes I don't see your post till its too late
[05:58] {Threei} but by what parameters?
[05:59] {bruce} but maybe I am subconscoiusly picking the trades less likely to work out?
[05:59] {bruce} don't know
[05:59] {Threei} maybe,
[05:59] {cosmo} perfection = anything better than 65%
[05:59] {Threei} but major thing is
[05:59] {Threei} you are filtering out system's signals
[05:59] {Threei} by some criteria that you haven't tracked
[05:59] {Threei} so, whatever it is
[06:00] {magoo} btw, dino doesn't even believe his odds are better than 50/50
[06:00] {bruce} I have tended to avoid the plays like lulu
[06:00] {Threei} safe to assume that it may not be optimal filtering
[06:00] {Threei} well, LULU is special case
[06:00] {bruce} and you've done well with those in most part
[06:00] {Threei} that one you better avoid :)
[06:00] {Threei} or play 50 shares
[06:00] {magoo} he is just the most awesome disciplined STOP ARTIST since a young russian migrated to canada
[06:00] {Threei} 100 at best
[06:00] {markweb} gm all
[06:01] {Threei} mark :)
[06:01] {markweb} :)
[06:01] {bruce} I realaly need to turn this around
[06:01] {Threei} and that is correct... if you play it right, even 50/50 will work
[06:01] {bruce} I almost never take a trade without your advise vad or someone elses
[06:01] {bruce} so not sure what is wrong
[06:01] {Threei} why don't you get back to MPP's process bruce
[06:02] {Threei} it describes step by stepo how to hone the system
[06:02] {Threei} by analyzing the results
[06:02] {bruce} I'm hitting 50/50 already vad
[06:02] {Threei} you know pure blind following will never work
[06:02] {bruce} last week was good
[06:02] {bruce} 22 wins
[06:02] {bruce} 11 losses
[06:03] {Threei} sounds good to me providing losses were not bigger than wins
[06:03] {bruce} but overall profit was tiny
[06:03] {Threei} there
[06:03] {bruce} some of the wins were tiny
[06:03] {Threei} that's exactly the point where MPP process helps see why
[06:03] {bruce} like that play on monday - forget the stock
[06:03] {bruce} stoipped at 20
[06:03] {bruce} pivoted back
[06:04] {bruce} eneded up w a 3c win in it overall
[06:04] {bruce} pretty sure I played it right
[06:04] {bruce} but one lose knocks out 3 of those kind of small winds
[06:05] {Threei} you pretty much have your answer
[06:05] {bruce} my wins are to small
[06:05] {cosmo} its a phase bruce
[06:05] {Threei} or losses too big - but in any case, their ratio is wrong
[06:05] {bruce} as I said - tend to enther the trades that don't play out for significant wins
[06:06] {Threei} do you track what happens to them after your exit?
[06:06] {Threei} optimization procedure in MPP
[06:06] {bruce} not as recorded record no
[06:07] {Threei} who am I writing all those freakin books for... :)
[06:07] {bruce} but if a stock has been in play then I keep a thumbnail of it to see what it does
[06:07] {bruce} I tack win lose ratio and size or wins vad
[06:08] {Threei} but that's not enough for the purpose of optimization
[06:08] {bruce} but not all details like entry time share size , what stock does after exit
[06:08] {Threei} you can't optimize if you don't compare what you did to what you should have done
[06:08] {Threei} do me a favor
[06:08] {Threei} actually do it yourself :)
[06:08] {Threei} reread that part of MPP
[06:09] {Threei} follow the procedure
[06:09] {dino} gm all
[06:09] {Threei} dino :)
[06:09] {Threei} trust me, in everything I wrote, there is no single page of just filler
[06:10] {bruce} haven't seen that book of yours vad
[06:10] {bruce} morning dino
[06:11] {Threei} hmm?
[06:11] {Threei} master profit plan?
[06:11] {bruce} yes - haven't seen taht one
[06:11] {bruce} read your other book
[06:12] {Threei} I think I need to make it required reading for entering the room...
[06:12] {Threei} http://www.realitytrader.com/masterplan
[06:12] {bruce} I think I did a search for it but couldnt find it listed
[06:12] {Threei} ummm... right on our website...? :)
[06:13] {bruce} don't recall - I read a ton of stuyff
[06:13] {bruce} so probabnly looked to borrow it and wasn't able too
[06:13] {cosmo} ONNN off 22%
[06:14] {bruce} I read at least 3 books a week
[06:14] {Threei} hmmm
[06:14] {bruce} so If I bought them all I'd have thousands
[06:14] {bruce} so I borrow books
[06:14] {bruce} and buy the ones that are outstanding as refernece guides
[06:14] {Threei} my guess would be, you read a lot of stuff that clouds your thinking
[06:14] {bruce} lolo
[06:15] {bruce} clouding thinking
[06:15] {Threei} I am not kidding
[06:15] {bruce} thats me
[06:15] {Threei} there are no that many really great trading books that you could keep gpoing at such rate for any significant time
[06:15] {Threei} and there is a lot of
[06:16] {Threei} fluff for the lack of better polite word
[06:16] {bruce} I do read other stuff as well
[06:16] {dino} indeed
[06:16] {Threei} ask ese who read about 130 of them if I remember correctly
[06:16] {dino} simplify
[06:16] {bruce} there is a lot of nonsense wrtiien
[06:16] {Threei} and ask him what he ended up doing with them
[06:16] {bruce} ro stuff that used to work and doesn't nay more
[06:21] {bruce} ua
[06:21] {dino} ot; just started the millionaire traders book last night, interesting
[06:22] {bruce} did you wirite it dino?
[06:23] {dino} lol
[06:23] {dino} first guy interviewed, his bread and butter,.....intra-day capitulations
[06:24] {bruce} hmm - sounds familiar
[06:27] {cosmo} ONNN 10 soon
[06:32] {magoo} ATHR nuts
[06:33] {dino} good report 50%
[06:33] {Roman} GIGM
[06:35] {Threei} ACTU .15 long
[06:35] {Threei} stop under 8
[06:35] {magoo} in
[06:37] {bruce} in .17
[06:39] {dino} amed
[06:39] {dino} twll
[06:42] {Roman} long TOPT
[06:42] {dino} lcav
[06:43] {Roman} ASTI on radar for breakout
[06:43] {dino} twll s hl .94
[06:46] {magoo} vad, u reading SCON?
[06:47] {Threei} keeping it on radar
[06:47] {magoo} bounce time ATHR
[06:47] {dino} lcav hl l .01, wide, careful
[06:49] {dino} cov twll .70, +.24
[06:49] {Threei} LUNA... up and up, and no decent entry
[06:49] {dino} too soon
[06:50] {bruce} what would stop have been for lcav dino - about .75 or so?
[06:50] {dino} powi
[06:52] {dino} missed
[06:52] {Threei} CTDC 10.40 long trigger if melts down
[06:53] {ramvfin2003} vad, target on ACTU?
[06:53] {Threei} it's making 52 week highs, uncharted territory
[06:54] {Threei} no assigned target, gotta go with reading as it moves
[06:54] {magoo} in CTDC .39
[06:54] {bruce} what do you mean by melts down - you want to see a retracement first vad?
[06:54] {Threei} no, big offer getting scrolled fast
[06:54] {Threei} there
[06:54] {bruce} k
[06:55] {Threei} stop .20
[06:56] {bruce} in ct\dc .38
[06:57] {magoo} now lay out bruce so u fill first
[06:57] {magoo} i at .71
[06:57] {Threei} 1:1, half out, scalpers take profit
[06:57] {esemde} morning.....i'm late to the party
[06:57] {Threei} stop to .29 for the balance
[06:57] {dino} grounded
[06:57] {Threei} hi ese
[06:58] {esemde} dino , Vad bruce magoo
[06:58] {magoo} ES:)
[06:58] {bruce} hi ese
[06:58] {dino} :)\
[06:59] {dino} scanner going green
[07:00] {Threei} *OCT CONSUMER CONFIDENCE: 95.6 V 99.0E
[07:01] {dino} out lcav .38, +.37
[07:02] {magoo} nice dino
[07:02] {dino} ty
[07:02] {magoo} i like ctdc to get near 11
[07:02] {ramvfin2003} nice size bid on actu @ .24
[07:05] {magoo} ACTU what the f.........
[07:05] {Threei} second time it does that
[07:05] {Threei} never mind these games
[07:05] {Threei} stop under 8 still
[07:06] {Threei} huge offers don't take it under the stop, huge bids don't prop it over the resistance - games
[07:06] {Threei} if uncomfortable, just dump it for little profit
[07:07] {bruce} stopped ctcd
[07:07] {Threei} partialled at 1: 1 earlier though?
[07:08] {dino} sepr hl s .50
[07:08] {bruce} no offered out at .65 and didn't get taken
[07:09] {Roman} short QMAR
[07:09] {Threei} bruce... it was above 1:1 twice... don't let a winner turn into loss
[07:09] {bruce} try not too - missed on that one
[07:10] {Threei} you overthink them
[07:10] {Threei} it's there, take it
[07:10] {Threei} can always reenter, never can re-exit
[07:11] {Threei} it's like stumbling onto $100 laying on the street and not taking it in hope you will find $500 in a few steps
[07:11] {bruce} initial stop was .20
[07:11] {Threei} yes
[07:11] {bruce} tried for just a tad better and didn't work
[07:11] {Threei} 20 cents
[07:11] {bruce} realistiacally - with commissions - you need 5 more c to get 1 to 1
[07:11] {Threei} commissions is not something market considers
[07:12] {Threei} stock moves by its own rules
[07:12] {bruce} no
[07:12] {Threei} not by your financial circumstances
[07:12] {bruce} anyway - thought it would make it and follwing adtu at same time
[07:12] {Threei} and its rules are, more often than not they reverse or pullback around 1:1 level
[07:13] {Threei} your fast sell feature is exactly for that:
[07:13] {Threei} offer it where you want but be ready to hit the bid if it doesn't take
[07:14] {bruce} considered it but big spread
[07:14] {bruce} fast sell would take 10 c off exit on that trade
[07:14] {Threei} so try to undcercut offer while buying pressure is there
[07:14] {bruce} needed to exit on offer
[07:15] {Threei} but on stocks with jumping spread where you need offer price for exit, you need to exit when you can, not when you have top
[07:15] {bruce} my offer was there - just need ed the one quick spike and didn't get
[07:15] {Threei} which means offering into buying
[07:15] {bruce} ynderstood vad
[07:17] {dino} sepr bstop to .61, not moving
[07:17] {Threei} for those who doesn't use Laser, this strategy can be dangerous
[07:17] {ramvfin2003} SCON
[07:17] {Threei} since you need to cancel, then re-enter, otherwise you risk to get two exits and find yourself in involutary short position
[07:18] {Threei} with Laser, make sure you have Fast Sell activated
[07:18] {Threei} then cancel and reenter will be done automatically and instantly
[07:18] {magoo} nice alert ram
[07:19] {dino} cov sepr .26, +.24
[07:20] {markweb} thanks dino:)
[07:20] {Roman} cover QMAR -.04
[07:21] {dino} gj mark
[07:21] {markweb} ty
[07:21] {dino} waiting on twll again, at .98
[07:21] {esemde} scon...just a movin and a groovin last couple of weeks
[07:22] {dino} i can't short scon, so off my screen
[07:22] {dino} don't like it when can only play one direction
[07:25] {dino} lcav hl l .55
[07:25] {Roman} GIGA
[07:25] {Roman} in small 3.00 early
[07:25] {magoo} out now SCON .64 TY RAM
[07:26] {ramvfin2003} yw, didnt do anything though, just saw it breaking out
[07:26] {dino} twll, s hl .98
[07:27] {bruce} long consolidation for actu vad
[07:27] {bruce} is it worth holding?
[07:27] {dino} lcav jumpy carefu'
[07:27] {Threei} don't know what to say bruce
[07:28] {Threei} it will break or it will not
[07:28] {Threei} worth holding or not - from what point of view? :)
[07:28] {Threei} to me, it is
[07:28] {dino} faro
[07:28] {Threei} I am not putting any thinking into this kind of decisions
[07:28] {ramvfin2003} wakin up a bit for u bruce
[07:28] {Threei} stop is not hit
[07:28] {dino} bruce, keep your stop and let it trade, imo]
[07:29] {bruce} k- have found long consolidations often a danger sign of lack or strength
[07:29] {Threei} movements between stop and target is just noize
[07:29] {bruce} looks like it is going to go after all now though
[07:29] {Threei} you are 2 cents away from 1:1
[07:29] {Threei} if you are uncomfortable with it, offer it out
[07:31] {Threei} 1:1 ACTU
[07:31] {Threei} half out me
[07:31] {Threei} scalpers, take full prfoit
[07:31] {Threei} or how do you spell it
[07:31] {dino} \stopped lcav -.55
[07:32] {bruce} out actu
[07:32] {bruce} back to flat
[07:32] {Threei} stop to 8.14
[07:32] {dino} rinsed
[07:33] {ramvfin2003} out .35 actu ty vad
[07:33] {Threei} welcome
[07:35] {magoo} out here .32 ACTU TY vad
[07:35] {Threei} :)
[07:35] {ramvfin2003} SEPR?
[07:35] {dino} watching it
[07:40] {Threei} ININ, 25 long, half lot
[07:40] {Threei} stop under .80
[07:40] {Threei} even less than half lotr
[07:40] {Threei} thin
[07:40] {Threei} make sure big offers metl down before entry
[07:41] {magoo} long inin .94
[07:42] {magoo} KIDDING
[07:42] {Threei} as a punishment - you will be designated buyer of entire ETRD offer
[07:43] {dino} thin, l dwsn hl .43
[07:43] {magoo} in .99
[07:43] {bruce} missed entry
[07:44] {dino} esrx
[07:46] {dino} twll not moving, tighten bstop to .12
[07:46] {bruce} in at 25
[07:47] {markweb} seed?
[07:48] {Threei} don't see news
[07:48] {markweb} ty
[07:49] {Threei} ININ over 1:1ONSM
[07:49] {Threei} oops
[07:49] {Threei} ONSM
[07:49] {Threei} REAFFIRMS FY07 R$12.1M, SEES AT LEAST 40% Y/Y R$ GROWTH FOR FY08
[07:50] {Threei} ININ over 1:1
[07:50] {magoo} out here .24 TY vad
[07:50] {Threei} welcome
[07:50] {bruce} out inin .24
[07:50] {Threei} there... discipline brings profit
[07:50] {magoo} nice exit bruce
[07:50] {Threei} wait for pullback instead of chasing entry
[07:50] {bruce} thanks mags
[07:50] {Threei} offer out thin stock into buying
[07:57] * magoo slaps LaserDave1 around a bit with a large trout
[07:58] {magoo} uh vad, excuse me, a lil' help
[07:58] {Threei} I am in
[07:58] {dino} faro hl l .18
[07:58] * Threei slaps LaserDave1 around a bit with a large trout
[08:00] {magoo} all is right in world now
[08:00] {LaserDave1} im invited to another trout bbq?
[08:01] {Threei} invited? rather dragged in
[08:01] {LaserDave1} and put on the grill?
[08:02] {Threei} wrapped in foil
[08:02] {LaserDave1} nice
[08:02] {LaserDave1} the slow roast for a few hours?
[08:02] {Threei} yes, and we hope you brought sause to bust yourself
[08:02] {Threei} sauce
[08:02] {LaserDave1} i sure did
[08:03] {LaserDave1} sounds delicious
[08:03] {Threei} 3 for 3 so far, market going jerky again
[08:03] {Roman} ZIXI
[08:04] {Roman} long 1/2 size
[08:04] {Roman} 4.05
[08:10] {dino} dwsn stopped .31, -.12
[08:12] {dino} sepr s hl .86
[08:15] {markweb} dino u in FARO?
[08:16] {bruce} stop 26.15 dino?
[08:17] {dino} y
[08:17] {dino} not hard stop, too random, but we are at 37.93
[08:18] {dino} oh, sepr stop is at .12
[08:18] {bruce} s sepr at .96
[08:19] {dino} faro, break of .80, stopping
[08:19] {dino} good entry imo
[08:20] {bruce} thanks
[08:21] {dino} twll bstop to .75
[08:24] {dino} dwsn, rinse-r-oni
[08:25] {dino} amed going for hod
[08:26] {dino} twll to .71
[08:26] {dino} sepr drop
[08:27] {dino} bruce don't lose your profit, you had better entry
[08:28] {dino} get greedy on profits, book 'em, anything can happen
[08:28] {Threei} CTEL?
[08:28] {ramvfin2003} ASTI?
[08:28] {bruce} sepr stop to .85
[08:29] {Threei} what do you see on ASTI?
[08:29] {dino} too wide imo
[08:29] {dino} giving away too much profit
[08:29] {bruce} out sepr + .33
[08:29] {Threei} that's the way to do it bruce
[08:30] {dino} cov .56, +.30
[08:30] {bruce} you think I was too wide with .85 stop dino?
[08:30] {dino} nice bruce. don't give awy profits
[08:30] {dino} yes
[08:30] {bruce} were would you have set ?
[08:30] {bruce} need to give it some room to play out
[08:31] {dino} markets are random, forget what books/teachers say. they are inefficient on daily basis
[08:31] {bruce} I adjusted to small profit after the breakdown
[08:31] {dino} you had .36, so lock in at least .24
[08:31] {dino} imo of course
[08:32] {dino} see, its up now
[08:32] {bruce} nope - had .26
[08:32] {bruce} got in at .96 and hesitated at .70
[08:33] {dino} twll to .67
[08:33] {bruce} gave in 15 c to play out
[08:34] {dino} ok, ok, do you see what i'm talking about tho. i hate, absolutely hate, to give back once i'm imo
[08:34] {bruce} understood
[08:35] {dino} itm i mean
[08:35] {dino} faro stopped, slippage, sheesh, -.48
[08:35] {dino} at .70
[08:35] {dino} look at twll, my stop is .67
[08:36] {dino} faro, sucks, back to .99, off my screen
[08:37] {dino} cov twll .67, +.31
[08:38] {dino} frickin' flat. taking a bit of break
[08:49] {bruce} any read abk vad?
[08:50] {Threei} .70 breakdown short
[08:51] {bruce} k
[08:51] {Threei} .85 stop
[08:52] {bruce} k - was thinking about that
[08:52] {Threei} GREENSPAN: DOLLAR DECLINE ACCELERATING, TRADE GAP IMPLYING FURTHER DOLLAR EROSION
[08:53] {bruce} invalide play
[08:53] {Threei} yeah
[08:56] {Threei} QRCP?
[09:02] {Threei} someone accumulates all they sell at .42
[09:03] {Threei} ACTU 1:2
[09:05] {bruce} congrats on actu vad
[09:06] {Threei} ready to dump second half on a spike or .45 breakdown
[09:09] {Threei} out
[09:17] {markweb} missed SOHU
[09:18] {Threei} ARGN for you spike hunters
[09:20] {Threei} something is brewing on QRCP
[09:22] {Threei} GLGC found the way to solve all problems
[09:22] {Threei} SELECTS NEW COMPANY NAME: ORE PHARMACEUTICALS INC.
[09:22] {Threei} Biosolutions Ltd. Ownership of the name Gene Logic will transfer to Ocimum on the date of closing.
[09:26] {dino} amed hl s .60, stop .05
[09:36] {ramvfin2003} IT?
[09:36] {Threei} GIGM vertical
[09:37] {Threei} IT probably close to bounce level
[09:38] {bruce} amed s .95
[09:38] {Threei} hard to spot entry price, stop would be under .60
[09:42] {Threei} CNIC
[09:42] {Threei} has this habit of sudden spikes
[09:43] {Threei} 3.35 long with .19 stop... pure momo play
[09:47] {dino} amed stopped -.49
[09:47] {bruce} amed stopped
[09:49] {dino} pmti
[09:53] {Threei} wow... ACTU is not going to stop
[09:53] {bruce} nvda l vad?
[09:53] {Threei} ever
[09:53] {Threei} hmmm
[09:53] {bruce} it will if I buy it vad
[09:53] {Threei} lol
[09:54] {Threei} not sure on NVDA
[09:54] {bruce} k
[09:55] {Threei} so how about you buy ACTU, we short it, we will share profit as a token of appreciation of your self-sacrifice
[09:56] {bruce} lol
[09:56] {bruce} realistically?
[09:56] {bruce} not a bad idea
[09:58] {Threei} WATG?
[10:01] {dino} l hl it .98
[10:07] {dino} hl s pmti .02
[10:09] {bruce} .43 stop pmti dino?
[10:10] {dino} y
[10:13] {dino} it stop to .23
[10:15] {dino} stopped +.25
[10:16] {dino} thx ram, for alert
[10:19] {dino} rimm hl l .80
[10:28] {Threei} AKAM lost its mind
[10:28] {dino} out rimm .04, +.24
[10:30] {bruce} congrats dino -
[10:30] {bruce} what would stop have been in rimm - .50 or so?
[10:31] {bruce} would think you need pretty wide stop for rimm
[10:31] {dino} .39
[10:31] {bruce} k
[10:31] {dino} cut it early 'cause didn't like action
[10:31] {bruce} k - could see possible .10 resistance
[10:32] {dino} take pmti bstop to b/e
[10:32] {dino} chtt
[10:32] {dino} me too, got rejected strongly there
[10:32] {bruce} any read ua vad?
[10:33] {bruce} didn't qtaek rimm - I routinely get rinsed in it
[10:36] {dino} toughy
[10:36] {Threei} UA, I would prefer pullback
[10:36] {bruce} just thinking saqme - pullbacks have been pretty large
[10:42] {dino} stopped flat pmti
[10:42] {ramvfin2003} vad, read on SCON?
[10:44] {Threei} none... can do whatever here
[10:50] {dino} pmti stop was too tight
[10:50] {bruce} taking break for 30
[10:50] {Threei} WATG is probably going to tag 9
[10:50] {bruce} all your trades should start working nicley now guys
[10:52] {Threei} 8.40 is support for ACTU to watch, bounce hunters
[10:52] {markweb} u in WATG, Vad?
[10:52] {dino} lol
[10:52] {Threei} yes but from .82
[10:53] {markweb} ty
[10:53] {Threei} so my risk is not really existent here
[11:01] {dino} cphd partial fill s .54
[11:02] {dino} remainder at .50
[11:03] {dino} twll hl s .97
[11:05] {Threei} ACTU scalpable bounce right on cue
[11:08] {ramvfin2003} FLML?
[11:08] {Threei} long with stop under 12
[11:08] {Threei} .23 trigger
[11:08] {ramvfin2003} ty
[11:09] {Threei} if pulls back into 12, try to get in aggressively
[11:09] {dino} cphd stopped, .92 -.40
[11:11] {Threei} 9 WATG
[11:11] {ramvfin2003} l FLML .04
[11:12] {dino} bruce, still have pmti short?
[11:18] {Threei} FLML not holding support
[11:18] {dino} drys l .85 hl
[11:23] {dino} drooy
[11:24] {Threei} I don't remember DROOY ever being that perky
[11:24] {dino} s hl .80
[11:24] {Threei} no news that I see
[11:28] {magoo} who reports tonite vad?
[11:29] {Threei} nobody of significance
[11:30] {dino} twll cov .80, +.17
[11:35] {bruce} I didnt take pmti dino
[11:36] {markweb} i did from .17. thanks dino
[11:37] {bruce} nice entry mark
[11:37] {markweb} +.15 on PMTI
[11:37] {markweb} ty
[11:37] {dino} gj
[11:37] {markweb} missed DROOY:(
[11:38] {dino} i missed my cover
[11:38] {ramvfin2003} that FLML fee right apart
[11:40] {Threei} GOAM?
[11:41] {Threei} your baby Roman... what's up
[11:41] {Roman} the boyz are moving
[11:41] {dino} oh, ohhh, forgot order, sepr hl s .86
[11:42] {dino} cov drooy .20, +.60
[11:42] {markweb} nice
[11:42] {Threei} ACTU, anyone tried it off .40?
[11:43] {dino} very lucky
[11:43] {dino} but ty
[11:43] {magoo} i wish u called it with more cionviction
[11:43] {magoo} i would have then
[11:43] {markweb} dino, your baby DRYS out of contol
[11:44] {dino} y, stopped once on it
[11:45] {markweb} no Vad:(
[11:48] {Threei} ORCC?
[11:49] {dino} sepr bstop to .96
[11:50] {Threei} DIVX
[11:50] {Threei} AMENDING AGREEMENT WITH GOOG FOR MAXIMUM ALLOWABLE PAYMENTS
[11:51] {magoo} l .24
[11:51] {magoo} divx
[11:51] {dino} why down?
[11:52] {dino} tbsdi pain
[11:52] {Threei} something's fishy
[11:52] {Threei} evil in details
[11:52] {Threei} careful magoo
[11:52] {Threei} - Note pact amendment provides for termination on Nov 30
[11:52] {Threei} there
[11:53] {dino} terminates 11/30/07
[11:53] {dino} most likely giving divx gthe boot
[11:53] {magoo} out }27
[11:53] {magoo} skeered
[11:53] {bruce} drys neqar 120 dino?
[11:54] {Threei} +3 cents... don't spend it all at once, inflation is rampant even without you
[11:54] {Threei} looking to short a little DIVX
[11:55] {Threei} in 12
[11:55] {Threei} stop 12.30
[11:56] {Threei} come on traders, read carefully and dump it
[11:56] {Threei} half out .70
[11:56] {magoo} that was NICE
[11:57] {Threei} stop 12.10
[11:57] {magoo} ty for getting me out long
[11:57] {Threei} always
[11:58] {dino} nice one vad
[11:58] {Threei} ty
[11:58] {bruce} sure looked overextended already when you shorted vad
[11:58] {bruce} congratgs
[11:58] {markweb} nice vad
[11:59] {Threei} need new crop of readers
[11:59] {Threei} lol
[12:00] {bruce} scary trade - too quick for my taste
[12:01] {ramvfin2003} NM crushed past 15 min
[12:02] {dino} back in 10
[12:02] {Threei} stop to 12.01
[12:04] {magoo} look DROOY
[12:04] {Threei} sheesh
[12:06] {magoo} drys bounce somewhere vad?
[12:07] {bruce} drys STILL dropping
[12:07] {Threei} gosh
[12:07] {Threei} no idea :)
[12:07] {Threei} out DIVX
[12:07] {Roman} FSLR bouncer
[12:07] {Roman} 1 more drop
[12:09] {Roman} long small
[12:09] {Roman} 150.30
[12:09] {magoo} news DRYS??what the f.........
[12:10] {Threei} don't see anything
[12:10] {Roman} stopped FSLR
[12:11] {bruce} wow drys - looks like fslr won't bounce yet either
[12:14] {Threei} the way DROOY behaves I won't be suprized to see it over 10 again
[12:14] {magoo} i never saw a pop..drop..and re-pop like drooy
[12:15] {Roman} too early on FSLR
[12:15] {Roman} i mean stop too tight
[12:15] {dino} sepr bstop to .62
[12:16] {Threei} if .54 broken, worth a try DROOY
[12:16] {Threei} small
[12:16] {dino} stopped +.24
[12:22] {magoo} DRYS VAD, u gotta be reading it}??
[12:22] {dino} tbsi death
[12:22] {Threei} nope
[12:23] * magoo slaps Threei around a bit with a large trout
[12:23] {Threei} whatever... you won't get me into this monster
[12:23] * magoo slaps Threei around a bit with a large trout
[12:23] {Threei} no
[12:23] {bruce} it's in freefall - going to 110
[12:23] * magoo slaps Threei around a bit with a large trout
[12:23] * magoo slaps Threei around a bit with a large trout
[12:23] * magoo slaps Threei around a bit with a large trout
[12:24] {dino} egle drop
[12:24] {dptl} :)
[12:24] {Threei} ok ok... bid it at 50
[12:24] {bruce} lol mags
[12:24] {bruce} impatient for that reversal call are we?
[12:24] {dino} all the dry shippers, ocnf too
[12:24] {magoo} in
[12:24] {dino} hl l drys 114.00
[12:24] {magoo} out .80 he he
[12:29] {Threei} DRY BULK SHIPPERS RELATIVELY WEAK THIS AFTERNOON- most likely a technical pullback as many of these stocks have been trading at 52 week highs well above major moving averages. The spark for today's sell may have been comment about excessively high intl. shipping costs made by US Steel on its conference call, or a slip in the Baltic dry bulk freight index, which has doubled in the last four months, providing the lift for the freight stocks.{
[12:30] {bruce} relatively weak?
[12:30] {Threei} lol
[12:30] {Threei} no kidding
[12:31] {Threei} for them to call it very weak it would take what, 89% dump?
[12:31] {bruce} yes
[12:33] {cosmo} onnn
[12:33] {cosmo} 10.54 hod
[12:33] {cosmo} 10.55
[12:33] {bruce} did you get out drys dino?
[12:35] {bruce} mnst too cosmo - late in day for break though
[12:35] {dino} nope
[12:37] {Threei} let's do it DROOY
[12:37] {cosmo} bruce..onnn was roadkill with the will to live... which i like
[12:38] {cosmo} mnst?
[12:38] {bruce} lol
[12:38] {magoo} i hooked bidu sh 100 shares 385
[12:42] {dino} disconnected, back
[12:42] {Threei} both of you
[12:42] {dino} y
[12:43] {Threei} I have "Elvis left the building" alert on you and magoo
[12:45] {magoo} holy shit
[12:45] {magoo} crashed holding bidu
[12:45] {Threei} HEARING DRY BULK SHIPPERS DEFENDED AT JEFFERIES{EGLE DSX EXM GNK QMAR OCNF FREE DRYS}
[12:45] {magoo} out
[12:45] {Threei} Jefferies: stop selling, we haven't dumped uet
[12:46] {Threei} market: that's your defense?
[12:46] {Threei} Jefferies: sorry... that's all I got
[12:46] {bruce} wow - great play mags
[12:47] {magoo} covered 371.23 in a panic
[12:47] {magoo} + 14points
[12:47] {bruce} yes - amazing
[12:47] {magoo} i almost died when oiur system crashed
[12:48] {bruce} and cought it within 50c of top
[12:48] * Threei slaps magoo around a bit with a large trout
[12:48] {bruce} guess whos buying the beer?
[12:48] {Threei} Ifigured after such win you are in a good mood and I can slap you safely
[12:48] {magoo} i was screeming at tech guy in office to reboot dsl box in back room
[12:48] {Threei} screaming?
[12:48] {Threei} I would kick him
[12:48] {magoo} yeah, and tech guy is ....drumrol....
[12:48] {magoo} DINO
[12:49] {Threei} rofl
[12:49] {bruce} lol
[12:49] {dino} that lazy guy won't move
[12:49] {bruce} no offense -
[12:50] {bruce} \but yopu guys have major problems
[12:50] {Threei} yes bruce and they enjoy them
[12:50] {dino} nah
[12:50] {bruce} lol
[12:50] {magoo} {dino screams} hey, magoo just walked in and kicked me
[12:50] {bruce} be nice vad -
[12:51] {bruce} a nice trader gets the vodka
[12:51] {Threei} me? nice?
[12:51] {Threei} total oxymoron
[12:51] {magoo} u all look lovely today :)
[12:51] {bruce} lol
[12:51] {magoo} that was nice
[12:51] {Threei} magoo nice
[12:51] {Threei} that's disturbing
[12:52] {Threei} nice magoo is an image for halloween
[12:53] {bruce} thats scary vad
[12:53] {Threei} normal magoo is the one you can scare the living daylight out of children with... that's who I am comfortable with
[12:53] {Threei} sheesh DRYS
[12:53] {bruce} just about time for our 50 bid in drys
[12:53] {Threei} poor jefferies
[12:54] {bruce} good thing its only weak - like your relatives
[12:54] {bruce} I'll be crying all night for poor jefferies
[12:54] {Threei} ah that'll be nice
[12:55] {bruce} not like the b@sta#ds never stuck it to me on a trade or anything
[12:55] {Threei} DROOY finishes strongly
[12:56] {Threei} not that I am eager to find out why
[12:56] {Threei} but with lousy 200 shares I can sleep
[12:57] {bruce} you're long vad?
[12:57] {Threei} yeah
[12:57] {bruce} k
[12:57] {bruce} poor you then
[12:58] {Threei} why is that
[12:58] {magoo} man, drys
[12:58] {bruce} lol - looks like an OK trade to me
[12:59] {bruce} next stop 100. drys
[13:00] {Threei} thank you all
[13:00] {Threei} have a good evening, see you tomorrow for what promises to be a very interesting day
[13:01] {bruce} congrats again magoo - looks like a strong day for you
[13:01] {Threei} oh btw
[13:01] {Threei} if you want a little laugh
[13:01] {Threei} three l;ast pieces of news on DROOY
[13:02] {Threei} 05/23/07 07:41am [DROOY] HSBC Cuts DROOY from Neutral to Underweight.
[13:02] {Threei} 07/02/07 02:28am [DROOY] HSBC Raised DROOY from Underweight. to Neutral
[13:02] {Threei} 10/09/07 01:28am [DROOY] HSBC Cuts DROOY to Underweight. from Neutral
[13:02] {Threei} kind of two month exercise...
[13:03] {bruce} good point vad
[13:03] {bruce} in -house analyst is probably going on vacation
[13:04] {bruce} so they posted all his adivise today for next 2 months
[13:04] {dino} gn all
[13:04] {bruce} see you guys in am
[13:05] {magoo} ty bruce..ty vad
Session Close: Wed Oct 31 00:00:00 2007
Monday, October 29, 2007
October 29, 2007
Session Start: Mon Oct 29 00:00:00 2007
Session Time: Mon Oct 29 00:00:00 2007
[05:17] {bruce} morning all
[05:30] {Threei} Good morning guys
[05:32] {Threei} BEAS BOARD RESPONDS TO ICHAN LETTER, NOT OPPOSED TO AN ACQUISITION
[05:32] {Threei} - Board reiterates its $21 per share price
[05:32] {Threei} neverending saga
[05:40] {magoo} morning RT'
[05:41] {Threei} magoo :)
[05:41] {tomg} morn magoo, bruce, vad, everyone
[05:41] {Threei} tom :)
[05:42] {magoo} bidu gapping 7 +...news ??
[05:42] {Threei} not that I see
[05:42] {Threei} just beeing itself I suppose
[05:45] {Threei} CNTF some interest
[05:46] {Threei} nothing to jjump on, just to watch in case it picks up the momo
[05:49] {magoo} brb
[05:49] {bruce} hi tom
[05:56] {dptl} good morning all
[05:56] {Threei} dp :)
[05:56] {Threei} CNTF ANNOUNCES THE LAUNCH OF GALLIC, WINDOWS-BASED GSM/CDMA DUAL MODE DUAL STANDBY POCKET PC PHONE
[05:58] {bruce} hello dp
[05:59] {markweb} gm all
[06:00] {Threei} mark :)
[06:00] {markweb} :)
[06:00] {Threei} anyone cares about hungarian rate change or I can skip it?
[06:01] {cosmo} watch for any unusual weight changes
[06:01] {bruce} hi mark
[06:01] {markweb} hi
[06:05] {magoo} bac'
[06:06] {magoo} SCHN news? down 7
[06:07] {Threei} 07:30am [SCHN] Reports Q4 $1.28 v 1.35e, R $749M v 668.3M
[06:07] {Threei} market is submerged in attempts to decide whether feds cyt rates or not and what to do about it in advance, price it in or prepare for it
[06:08] {Threei} I don't think we have ever seen such prolonged period of uncertainty coupled with such volatility
[06:12] {cosmo} NGA?
[06:14] {magoo} vad, keep eye on LULU
[06:14] {Threei} 08:17am [NGA] Reports Q3 $0.20; R $21.5 v $20.2M y/y
[06:14] {cosmo} :)
[06:15] {Threei} something particular about it magoo? or just an "usual suspect"?
[06:16] {esemde} Good morning.....
[06:16] {magoo} well, its off its recent high, been quiet last few, just seems to me might get some renewd push
[06:17] {Threei} ese :)
[06:17] {dino} gm all
[06:17] {esemde} what new and exciting
[06:17] {esemde} dino
[06:17] {markweb} ese, dino:)
[06:18] {esemde} mark
[06:18] {bruce} hello ese
[06:18] {esemde} hey bruce
[06:18] {Threei} dino :)
[06:19] {Threei} tried new hiking trail yesterday ese
[06:19] {Threei} Cowichan river
[06:19] {bruce} howdy dino
[06:19] {dino} hey guys
[06:19] {esemde} whoa.....thats nice up there
[06:19] {Threei} I want to meet whoever called it "easy rated trail". He is either incredibly fit or incredibly stupid.
[06:19] {bruce} you canwalk on water vad?
[06:19] {Threei} just don't tell anyone
[06:19] {bruce} k
[06:19] {cosmo} its easy for a bigfoot, 3i
[06:20] {esemde} nice but difficult in my opinion...
[06:20] {bruce} I've done some canoe trips like that
[06:20] {bruce} easy -
[06:20] {bruce} then you discover theres 6 portages a day
[06:21] {bruce} guys that rated the trips must havebrought a mule along
[06:21] {Threei} lol
[06:21] {Threei} one who rated this train must have gone over it by chopper
[06:22] {Threei} trail
[06:23] {esemde} good on ya though Vad....gotta keep in shape these days
[06:23] {bruce} did your wife go with you?
[06:23] {Threei} yes
[06:23] {bruce} k
[06:24] {bruce} and she still talking to you after you took her on that mountain goat trail?
[06:24] {cosmo} WATG pre mkt high = 8.10 fwiw
[06:24] {Threei} somewhere midway she suggested I plotted it as an attmept to throw her from steep shore
[06:24] {Threei} and I was too exhausted to object
[06:24] {bruce} lol
[06:25] {bruce} sounds like my wife
[06:25] {esemde} try East Sooke park next time Vad...entrance farthest wes( or 3rd entrance) very pleasant hike down to the strait
[06:25] {esemde} thats West
[06:26] {Threei} hmmm... Sooke park doesn't associate with easy trails for me :)
[06:26] {esemde} my wife and I will go with you.....take a picnic....
[06:26] {Threei} deal
[06:27] {Threei} CAST
[06:27] {Threei} new chinese arrival to NASDAQ
[06:27] {Threei} used to be BB
[06:27] {Threei} CEUC old symbol
[06:29] {magoo} cast should be marginable correct?
[06:29] {Threei} no idea
[06:30] {Roman} observing PLUG
[06:33] {Threei} JSDA
[06:33] {Threei} SEC TERMINATES INFORMAL INVESTIGATION
[06:35] {Roman} ESLR
[06:35] {Roman} long setup
[06:38] {Roman} IVAN
[06:38] {Roman} PAAS & SSRI strong
[06:38] {Roman} long wathc
[06:38] {dino} ssrx
[06:39] {Threei} LNUX, 2.66 long if stays above 2.60
[06:39] {Roman} VDSI
[06:39] {Roman} longsmall, bounce play, really small
[06:39] {Threei} not sure what's with LNUX, went to 2.95 premarket
[06:40] {Threei} for 7 cents stop we can find out
[06:40] {Roman} in VDSI 25.35 area
[06:41] {magoo} me too rfr
[06:41] {esemde} bstop CNTF 7.23 on pullback...don't try this at home
[06:42] {Threei} stop under 7.10?
[06:42] {Threei} or 7
[06:42] {Roman} NINE
[06:42] {Roman} wants to play
[06:43] {esemde} yes.....7.05 ...but will move it to 7.10
[06:44] {Roman} ALTI high
[06:45] {Threei} LULU... pullback to 52 is a level to watch for entry mags
[06:45] {magoo} roman..u thinking 26 ?
[06:45] {Roman} yes
[06:45] {Threei} LNUX not interesting, disregard
[06:46] {Roman} ALTI playing
[06:50] {Roman} CRDC radar, could be beging of bounce
[06:50] {Roman} PLUG long slow
[06:51] {Threei} nice spot ALTI
[06:52] {Roman} MALL
[06:52] {Roman} on radar
[06:52] {Threei} 2222 NQ is long setup
[06:53] {Threei} break of it to be more precise
[06:53] {Threei} SDTH
[06:54] {Threei} small shares 8.60 break long if stays above .40
[06:55] {Roman} USEG new player emerging
[06:55] {Threei} USEG something to do with uranium, right?
[06:56] {Roman} yes
[06:57] {Roman} selective alternative energy plays are starting to get interest
[06:57] {Threei} CPHD 24.10 break long if stays above 23.90, half lot
[06:57] {dino} rimm hl l .41
[06:58] {Threei} LULU
[06:58] {Roman} CBAK high,
[06:58] {Threei} breaking out
[06:58] {Threei} small shares long
[06:58] {Threei} no pullback really to enter
[06:58] {Threei} stop under .50
[06:59] {Threei} maybe too tight for this one but I'd prefer several attempts ro find antry rather than risk too big stop
[06:59] {magoo} i hit .59
[06:59] {Threei} good entry, with this price I'd keep stop at .35
[07:00] {Roman} PACT spoike
[07:01] {Roman} cutting VDSI
[07:01] {Threei} PACT SUBSIDIARY GETS ORDER FOR 500 SLOT MACHINES
[07:01] {dino} pdgi l .45 hl
[07:02] {dino} stopped rimm -.41
[07:02] {Threei} NQ continues hectic and patternless ups and downs
[07:03] {esemde} ya was just about to say.......definately not helping thats for sure....
[07:04] {dino} yrcw break of .00, imo short
[07:05] {dino} ok
[07:05] {dino} stop tight .21
[07:05] {Threei} LULU attempt #2 is first strength from here
[07:06] {Threei} in
[07:06] {Threei} stop under 51.50
[07:07] {Roman} ASIA
[07:07] {Roman} long
[07:07] {Threei} offering 52.20
[07:07] {Roman} in 12.82 area
[07:08] {dino} yrcw not working, tighten bstop to .13
[07:08] {dino} pdgi lay out if in ,jumpy
[07:10] {Roman} LUNA radar
[07:11] {Threei} ASIA feels destined for over 13
[07:11] {Threei} with any momo help
[07:12] {Threei} CBAK?
[07:12] {ramvfin2003} CDS china play
[07:13] {Threei} 6.41 worth try long if hoding above .30
[07:13] {Threei} if loses it, rather pullback entry
[07:14] {Threei} 6.20 closest support
[07:14] {Threei} no real enthusiasm LULU
[07:15] {Threei} dumping it for a smallish scalp
[07:15] {magoo} SDTH in play?
[07:15] {Threei} if eats through these offers at .60 - .62
[07:19] {esemde} oh..ohhhh.......
[07:19] {Threei} CBAK at support level
[07:20] {Threei} first strength from here if holding .20
[07:21] {dino} yrcw tighten to .02
[07:21] {dino} pdgi stop to .83
[07:23] {dino} cov yrcw .91, +.09, too tight
[07:24] {dino} pdgi to .97
[07:24] {Roman} dino, u seeing any problems with order flow on Cyber?
[07:25] {dino} not here, but last week i did
[07:28] {dino} pdgi to .00
[07:28] {Roman} PANC radar
[07:28] {dino} yrcw ugh
[07:29] {Roman} getting in PANC small
[07:29] {Threei} that FOMC meeting can't come soon enough
[07:30] {Threei} market is going to stay like this until after it
[07:32] {Roman} AVNX kinda interesting, near $2 premarket
[07:33] {dino} nnds hl s .97
[07:34] {Threei} can't get rid of feeling CAST is not done
[07:34] {magoo} i know
[07:34] {magoo} like over 9
[07:37] {ramvfin2003} ENER?
[07:38] {Threei} nothing recognizable
[07:39] {Threei} gigm
[07:39] {dino} pdgi stopped .00, +.55
[07:39] {magoo} nice dino
[07:41] {dino} nnds bstop to flat jumpy\
[07:41] {dino} stopped +.01
[07:42] {dino} ctcm, one more spike
[07:45] {Threei} CAST 8.55 break long, and don't try it at home... no market orders
[07:45] {Threei} scary as hell
[07:48] {Threei} no worky CBAK
[07:48] {dino} stops are too tight, look at nnds now, sheesh
[07:49] {dino} a buck
[07:49] {bruce} stopped on all 4 trades this am
[07:49] {bruce} geesh
[07:49] {Roman} DYII
[07:49] {esemde} I'll say....that ones definately not my type Vad....
[07:49] {Roman} on radar, early but probably will look to break 7 any day
[07:50] {dino} ctcm s hl .13
[07:57] {bruce} ctcm stop dino?
[07:57] {dino} .33
[07:57] {bruce} k
[08:00] {dino} 1/1 out at your discretion
[08:01] {Threei} FMCN coming into your territory dino
[08:01] {dino} jumpy sucker
[08:01] {Threei} do you play any others?? :)
[08:02] {dino} lol
[08:10] {esemde} still nursing CNTF..... but it's looking positive now
[08:11] {esemde} ARRRRRRBAAAAA....
[08:12] {dino} hl l pdgi .02
[08:12] {esemde} thats ARBA by the way
[08:14] {dino} pdgi stop is .69
[08:15] {Threei} ALTI continues
[08:15] {Threei} got any target in mind Roman?
[08:15] {Roman} not really
[08:16] {Roman} also watching DYII off 6.5 break, low volume
[08:16] {Roman} BLOG breaking out
[08:20] {dino} rfr, i saw borat yesterday, oh man
[08:21] {Roman} what do you think?
[08:21] {dino} nuts
[08:21] {dino} but funny
[08:21] {bruce} great love story wasn't it dino?
[08:21] {bruce} lol
[08:21] {dino} lol
[08:22] {Roman} PLUG
[08:22] {bruce} saw it a week back
[08:22] {Roman} long BLDP swing
[08:23] {Roman} QMAR could sqeeze
[08:23] {dino} ctcm bstop to .11, not moving
[08:27] {Roman} long QMAR
[08:28] {Threei} CAST nears
[08:28] {Threei} broke
[08:29] {Threei} what a scary stock
[08:29] {magoo} l qmar .39
[08:32] {magoo} waiting .91
[08:35] {Roman} EFUT spike
[08:35] {dino} ctcm stopped .09, +.04
[08:35] {dino} efut
[08:35] {Threei} VPM (VISUAL PROCESS MANAGEMENT) SYSTEM LAUNCHES SUCCESSFULLY IN SINO RUBBER ELECTRONIC EXCHANGE
[08:35] {Threei} that's for EFUT
[08:37] {esemde} nice jump efut....anyone in that
[08:37] {Threei} I am still in diaper change mode after CAST
[08:37] {dino} nope
[08:39] {esemde} efut...pronounced efoot maybe....you can now comunicate with your feet possibly.....just speculation here
[08:39] {Threei} it's an internet brother of bigfoot
[08:40] {esemde} i can see that..
[08:40] {esemde} look at it go.....
[08:43] {esemde} somebody explain the significance of the news for EFUT...i don't get it.
[08:45] {dino} doesn't matter ese, don't overthink
[08:48] {bruce} yhoo short?
[08:48] {dino} risky s winn hl .30
[08:49] {Threei} tough call bruce
[08:49] {bruce} k - had second thoughts on it anyway - almost at daily range
[08:50] {dino} winn bstop is .57
[08:50] {Threei} yeah... daily and intraday in contradiction here
[08:50] {Threei} short by intraday, bounce by daily
[08:57] {dino} pdgi stop to .20
[08:59] {dino} colm drop
[09:02] {dino} pdgi stop to .26
[09:03] {dino} winn stopped -.22
[09:03] {Threei} ASTI
[09:05] {bruce} nextshort attmept in winn would be after 22 dino?
[09:06] {dino} 22.40 my guess, but i'm done w/it
[09:07] {Threei} BEAS
[09:07] {Threei} speculation of new ORCL bid
[09:07] {bruce} k
[09:08] {dino} out pdgi .28, +.26
[09:08] {ramvfin2003} SSTR?
[09:10] {dino} not my stly
[09:10] {Threei} 50/50... nothing compelling
[09:10] {dino} style
[09:12] {Threei} if ASTI breaks .90 and jumps, watch ASTIZ for .75 break
[09:18] {Roman} ESLR another high
[09:18] {Threei} TUES?
[09:22] {Threei} see YHOO bruce?
[09:22] {Threei} no play either way
[09:22] {Threei} charts are in conflict and general market has no idea what it wants
[09:25] {Roman} SOLF
[09:25] {Roman} just another solar
[09:25] {Roman} CSUN too
[09:26] {Roman} CSIQ
[09:26] {Roman} another one
[09:27] {Threei} solar day?
[09:27] {cosmo} not here
[09:27] {Roman} cruide oil near all time highs why not
[09:28] {cosmo} wait 'till there is a breakthru in battery technology
[09:28] {cosmo} solars will rule the world
[09:28] {cosmo} batteries to
[09:29] {bruce} yes - yhoo looking like a reversal now
[09:29] {Roman} watching DSTI too, but it has trouble picking up interest, probably something really wrong fundamentally or this one goes over $10
[09:31] {Threei} 10.50 meltdown is risky long CSUN
[09:34] {Threei} if holding above .40 before the break, this is as good of setup as you can expect from this one
[09:34] {Roman} GOAM is still a swing play for me, hard to scalp so far tho
[09:37] {dino} hl s ctcm .55
[09:39] {dino} stop is .71
[09:40] {dino} darn
[09:40] {Threei} I wonder how this market isn't getting seasick of its own movements
[09:40] {esemde} have a great day everyone......see you tomorrow
[09:40] {Threei} take care ese
[09:40] {bruce} bye ese
[09:41] {bruce} ztopped ctcm
[09:41] {bruce} done for day lads
[09:41] {bruce} will stick around but no more trades
[09:42] {dino} me too bruce
[09:42] {dino} stopped ctcm
[09:42] {dino} ]i meanm
[09:42] {dino} done /ctcm
[09:44] {Threei} DYII held well
[09:44] {Threei} chewing closer to 6.50
[09:45] {Threei} broke
[09:46] {bruce} that your 10 k at 6.50 vad?
[09:46] {Threei} just 1
[09:47] {dino} immr pop
[09:48] {dino} risky, l faro .93
[09:54] {ramvfin2003} asti on break of .90 long?
[09:54] {Threei} yes, just kkeep it small
[09:54] {Threei} stock is veryu jumpy
[09:55] {Threei} ASTIZ broke with it
[09:56] {ramvfin2003} u in vad?
[09:56] {Threei} ASTIZ
[09:57] {ramvfin2003} .75?
[09:57] {Threei} yes
[09:59] {Threei} come on ASTI
[10:03] {ramvfin2003} stop on asti?
[10:04] {Threei} under .60
[10:13] {dino} hurn
[10:20] {Threei} half out ASTIZ +.24
[10:29] {Threei} young men from 18 to 34 are planning to spend most money of Halloween fun according to recent poll
[10:29] {Threei} isn't it disturbing
[10:31] {Threei} argh
[10:31] {Threei} CSUN
[10:31] {Threei} missed it
[10:32] {Threei} anyone stayed with it?
[10:33] {Roman} HOKU
[10:33] {Roman} starting too
[10:37] {Threei} .91 next long CSUN
[10:40] {Threei} take profit as you see fit
[10:40] {Threei} anyone's alive out there?
[10:41] {patience} yup, barely
[10:43] {Roman} QMAR coming back, u still got magoo?
[10:50] {Threei} with all the solar happiness today, why CTDC sits unnoticed
[10:51] {Threei} just 10 cents from dau low
[10:51] {Threei} long if hits .65
[10:52] {Threei} in
[10:55] {Threei} half out .82
[10:56] {Threei} 1/4 more out .95
[10:56] {Threei} continue sleeping you all?
[10:57] {magoo} took it vad, out now v.95
[10:57] {magoo} in astri
[10:57] {magoo} astiz
[10:57] {Threei} thank you magoo
[10:57] {Threei} you return me faith in humanity
[10:57] {Threei} not all of it but still
[10:58] {magoo} just side tracked here
[10:58] {ramvfin2003} ENER slowly moving up
[10:59] {Threei} stop .69 CTDC last portion
[10:59] {Threei} want to see if it can break 10
[11:02] {magoo} out csun, TY here
[11:02] {magoo} .22
[11:02] {Threei} wtg
[11:03] {Threei} CTDC broke
[11:03] {Threei} out in full
[11:04] {Threei} can entry be any more perfect?
[11:06] {dino} tson
[11:06] {dino} ipo 3 weeks
[11:07] {magoo} NICE vad
[11:08] {Threei} I guess I can just dcc you my calls mags
[11:08] {Threei} 3 wins in a row, noone even breathes
[11:08] {dino} you make picks? :)
[11:10] {markweb} vad, next one pl:)
[11:10] {Threei} nope
[11:10] {magoo} i hit all 3
[11:10] {magoo} told dino
[11:10] {markweb} ?:)
[11:10] {Threei} lol
[11:10] {markweb} :(
[11:12] {Threei} is FOMC meeting as usual?
[11:12] {Threei} there was some talk about it scheduled earlier this time, not sure if true
[11:13] {magoo} i got appt, c u all t'morrow TY VAD
[11:13] {Threei} take magoo, welcome
[11:14] {dino} decision wed at 2
[11:14] {dino} 2:15ish
[11:14] {Threei} as usual then... ty
[11:20] {ramvfin2003} LULU?
[11:21] {Threei} nah
[11:28] {Roman} DSTI finally
[11:28] {Roman} i am in swing this thing average 5.35
[11:29] {Roman} this one either dies or explodes as it gets discovered again, but it really needs to break $6
[11:35] {ramvfin2003} BPHX?
[11:36] {Threei} on a trending day I would be enthusiastic about it ram
[11:37] {Threei} my concern is, while market stays like it was whole last week reversals of strongly trending stocks are sudden and brutal
[11:37] {ramvfin2003} ok
[11:38] {Threei} I won't be surprized to see it dropping like a rock
[11:38] {Threei} jeez... while I typed
[11:38] {Threei} 50 cents downtick in single bar
[11:39] {ramvfin2003} ASTI pulled back hard
[11:39] {Threei} another example, yes
[11:40] {Threei} BPHS back to high in a single gasp
[11:40] {Threei} BPHX sorry
[11:40] {Threei} how you trade that? :)
[11:40] {ramvfin2003} with a box of pampers
[11:41] {Threei} well... that is always a good idea
[11:41] {Threei} but I am afraid with movements like BPHX you will run out ofd those twice as fast
[11:42] {dino} hlcs
[11:49] {dino} mblx
[11:52] {ramvfin2003} WCG crushed
[11:53] {dino} mblx hl s .98
[11:59] {ramvfin2003} bounce on WCG?
[12:00] {dino} back in 10
[12:01] {Threei} WCG is anyone's guess today
[12:01] {Threei} tomorrow it's a better candidate
[12:02] {Threei} this kind of selloffs usually starts calming down after three days of red hot selling
[12:02] {Threei} see how volume dries up today vs last tweo days?
[12:02] {ramvfin2003} yes
[12:07] {ramvfin2003} BA 7 mill share buyback
[12:08] {dino} partial fill mblx .60 while out
[12:08] {dino} +.38
[12:10] {Threei} CAST again
[12:10] {Threei} not sure what gives, quite sharp spike
[12:11] {ramvfin2003} are we playing it?
[12:12] {Threei} if it comes to .90 and consolidates for a while
[12:22] {Threei} want little pullback now
[12:22] {Threei} then break
[12:23] {dino} bstop to .53, mblx
[12:27] {dino} to .42
[12:28] {dino} cov mblx .41, +.57
[12:28] {Threei} nice one
[12:28] {markweb} gj dino
[12:29] {dino} ty
[12:30] {Threei} CSUN
[12:31] {Threei} .50 break if stays above .30
[12:31] {dino} aspv
[12:34] {dino} faro stop to .95
[12:35] {markweb} aspv news?
[12:35] {dino} can't find any
[12:36] {markweb} ty
[12:36] {dino} missed it, was at .10
[12:36] {dino} faro stopped b/e
[12:36] {Threei} ASPV WEAKNESS ATTRIBUTED TO CONCERNS CURRENT MERGER DEAL COULD FLL APART
[12:37] {markweb} thx
[12:37] {dino} l hl .25
[12:42] {dino} out .95, +.70
[12:42] {markweb} nice
[12:42] {bruce} nice catch dino
[12:42] {patience} very nice dino
[12:42] {dino} ty,lucky entry
[12:44] {dino} took all day but ended up fine
[12:48] {bruce} good it worked out dino - I hit my loss limit and stopped
[12:49] {bruce} days nearly done = checking out
[12:49] {bruce} see you guys in am!
[12:49] {Threei} take care bruce
[12:49] {dino} me too, thx all
[12:51] {Threei} dino :)
[12:55] {Threei} will be interesting to watch solars tomorrow to determine whether it was a one day fluke or beginning of mania
[12:55] {Threei} okay guys, thank you all, have a good evening
[12:55] {Threei} see you tomorrow
Session Close: Tue Oct 30 00:00:00 2007
Session Time: Mon Oct 29 00:00:00 2007
[05:17] {bruce} morning all
[05:30] {Threei} Good morning guys
[05:32] {Threei} BEAS BOARD RESPONDS TO ICHAN LETTER, NOT OPPOSED TO AN ACQUISITION
[05:32] {Threei} - Board reiterates its $21 per share price
[05:32] {Threei} neverending saga
[05:40] {magoo} morning RT'
[05:41] {Threei} magoo :)
[05:41] {tomg} morn magoo, bruce, vad, everyone
[05:41] {Threei} tom :)
[05:42] {magoo} bidu gapping 7 +...news ??
[05:42] {Threei} not that I see
[05:42] {Threei} just beeing itself I suppose
[05:45] {Threei} CNTF some interest
[05:46] {Threei} nothing to jjump on, just to watch in case it picks up the momo
[05:49] {magoo} brb
[05:49] {bruce} hi tom
[05:56] {dptl} good morning all
[05:56] {Threei} dp :)
[05:56] {Threei} CNTF ANNOUNCES THE LAUNCH OF GALLIC, WINDOWS-BASED GSM/CDMA DUAL MODE DUAL STANDBY POCKET PC PHONE
[05:58] {bruce} hello dp
[05:59] {markweb} gm all
[06:00] {Threei} mark :)
[06:00] {markweb} :)
[06:00] {Threei} anyone cares about hungarian rate change or I can skip it?
[06:01] {cosmo} watch for any unusual weight changes
[06:01] {bruce} hi mark
[06:01] {markweb} hi
[06:05] {magoo} bac'
[06:06] {magoo} SCHN news? down 7
[06:07] {Threei} 07:30am [SCHN] Reports Q4 $1.28 v 1.35e, R $749M v 668.3M
[06:07] {Threei} market is submerged in attempts to decide whether feds cyt rates or not and what to do about it in advance, price it in or prepare for it
[06:08] {Threei} I don't think we have ever seen such prolonged period of uncertainty coupled with such volatility
[06:12] {cosmo} NGA?
[06:14] {magoo} vad, keep eye on LULU
[06:14] {Threei} 08:17am [NGA] Reports Q3 $0.20; R $21.5 v $20.2M y/y
[06:14] {cosmo} :)
[06:15] {Threei} something particular about it magoo? or just an "usual suspect"?
[06:16] {esemde} Good morning.....
[06:16] {magoo} well, its off its recent high, been quiet last few, just seems to me might get some renewd push
[06:17] {Threei} ese :)
[06:17] {dino} gm all
[06:17] {esemde} what new and exciting
[06:17] {esemde} dino
[06:17] {markweb} ese, dino:)
[06:18] {esemde} mark
[06:18] {bruce} hello ese
[06:18] {esemde} hey bruce
[06:18] {Threei} dino :)
[06:19] {Threei} tried new hiking trail yesterday ese
[06:19] {Threei} Cowichan river
[06:19] {bruce} howdy dino
[06:19] {dino} hey guys
[06:19] {esemde} whoa.....thats nice up there
[06:19] {Threei} I want to meet whoever called it "easy rated trail". He is either incredibly fit or incredibly stupid.
[06:19] {bruce} you canwalk on water vad?
[06:19] {Threei} just don't tell anyone
[06:19] {bruce} k
[06:19] {cosmo} its easy for a bigfoot, 3i
[06:20] {esemde} nice but difficult in my opinion...
[06:20] {bruce} I've done some canoe trips like that
[06:20] {bruce} easy -
[06:20] {bruce} then you discover theres 6 portages a day
[06:21] {bruce} guys that rated the trips must havebrought a mule along
[06:21] {Threei} lol
[06:21] {Threei} one who rated this train must have gone over it by chopper
[06:22] {Threei} trail
[06:23] {esemde} good on ya though Vad....gotta keep in shape these days
[06:23] {bruce} did your wife go with you?
[06:23] {Threei} yes
[06:23] {bruce} k
[06:24] {bruce} and she still talking to you after you took her on that mountain goat trail?
[06:24] {cosmo} WATG pre mkt high = 8.10 fwiw
[06:24] {Threei} somewhere midway she suggested I plotted it as an attmept to throw her from steep shore
[06:24] {Threei} and I was too exhausted to object
[06:24] {bruce} lol
[06:25] {bruce} sounds like my wife
[06:25] {esemde} try East Sooke park next time Vad...entrance farthest wes( or 3rd entrance) very pleasant hike down to the strait
[06:25] {esemde} thats West
[06:26] {Threei} hmmm... Sooke park doesn't associate with easy trails for me :)
[06:26] {esemde} my wife and I will go with you.....take a picnic....
[06:26] {Threei} deal
[06:27] {Threei} CAST
[06:27] {Threei} new chinese arrival to NASDAQ
[06:27] {Threei} used to be BB
[06:27] {Threei} CEUC old symbol
[06:29] {magoo} cast should be marginable correct?
[06:29] {Threei} no idea
[06:30] {Roman} observing PLUG
[06:33] {Threei} JSDA
[06:33] {Threei} SEC TERMINATES INFORMAL INVESTIGATION
[06:35] {Roman} ESLR
[06:35] {Roman} long setup
[06:38] {Roman} IVAN
[06:38] {Roman} PAAS & SSRI strong
[06:38] {Roman} long wathc
[06:38] {dino} ssrx
[06:39] {Threei} LNUX, 2.66 long if stays above 2.60
[06:39] {Roman} VDSI
[06:39] {Roman} longsmall, bounce play, really small
[06:39] {Threei} not sure what's with LNUX, went to 2.95 premarket
[06:40] {Threei} for 7 cents stop we can find out
[06:40] {Roman} in VDSI 25.35 area
[06:41] {magoo} me too rfr
[06:41] {esemde} bstop CNTF 7.23 on pullback...don't try this at home
[06:42] {Threei} stop under 7.10?
[06:42] {Threei} or 7
[06:42] {Roman} NINE
[06:42] {Roman} wants to play
[06:43] {esemde} yes.....7.05 ...but will move it to 7.10
[06:44] {Roman} ALTI high
[06:45] {Threei} LULU... pullback to 52 is a level to watch for entry mags
[06:45] {magoo} roman..u thinking 26 ?
[06:45] {Roman} yes
[06:45] {Threei} LNUX not interesting, disregard
[06:46] {Roman} ALTI playing
[06:50] {Roman} CRDC radar, could be beging of bounce
[06:50] {Roman} PLUG long slow
[06:51] {Threei} nice spot ALTI
[06:52] {Roman} MALL
[06:52] {Roman} on radar
[06:52] {Threei} 2222 NQ is long setup
[06:53] {Threei} break of it to be more precise
[06:53] {Threei} SDTH
[06:54] {Threei} small shares 8.60 break long if stays above .40
[06:55] {Roman} USEG new player emerging
[06:55] {Threei} USEG something to do with uranium, right?
[06:56] {Roman} yes
[06:57] {Roman} selective alternative energy plays are starting to get interest
[06:57] {Threei} CPHD 24.10 break long if stays above 23.90, half lot
[06:57] {dino} rimm hl l .41
[06:58] {Threei} LULU
[06:58] {Roman} CBAK high,
[06:58] {Threei} breaking out
[06:58] {Threei} small shares long
[06:58] {Threei} no pullback really to enter
[06:58] {Threei} stop under .50
[06:59] {Threei} maybe too tight for this one but I'd prefer several attempts ro find antry rather than risk too big stop
[06:59] {magoo} i hit .59
[06:59] {Threei} good entry, with this price I'd keep stop at .35
[07:00] {Roman} PACT spoike
[07:01] {Roman} cutting VDSI
[07:01] {Threei} PACT SUBSIDIARY GETS ORDER FOR 500 SLOT MACHINES
[07:01] {dino} pdgi l .45 hl
[07:02] {dino} stopped rimm -.41
[07:02] {Threei} NQ continues hectic and patternless ups and downs
[07:03] {esemde} ya was just about to say.......definately not helping thats for sure....
[07:04] {dino} yrcw break of .00, imo short
[07:05] {dino} ok
[07:05] {dino} stop tight .21
[07:05] {Threei} LULU attempt #2 is first strength from here
[07:06] {Threei} in
[07:06] {Threei} stop under 51.50
[07:07] {Roman} ASIA
[07:07] {Roman} long
[07:07] {Threei} offering 52.20
[07:07] {Roman} in 12.82 area
[07:08] {dino} yrcw not working, tighten bstop to .13
[07:08] {dino} pdgi lay out if in ,jumpy
[07:10] {Roman} LUNA radar
[07:11] {Threei} ASIA feels destined for over 13
[07:11] {Threei} with any momo help
[07:12] {Threei} CBAK?
[07:12] {ramvfin2003} CDS china play
[07:13] {Threei} 6.41 worth try long if hoding above .30
[07:13] {Threei} if loses it, rather pullback entry
[07:14] {Threei} 6.20 closest support
[07:14] {Threei} no real enthusiasm LULU
[07:15] {Threei} dumping it for a smallish scalp
[07:15] {magoo} SDTH in play?
[07:15] {Threei} if eats through these offers at .60 - .62
[07:19] {esemde} oh..ohhhh.......
[07:19] {Threei} CBAK at support level
[07:20] {Threei} first strength from here if holding .20
[07:21] {dino} yrcw tighten to .02
[07:21] {dino} pdgi stop to .83
[07:23] {dino} cov yrcw .91, +.09, too tight
[07:24] {dino} pdgi to .97
[07:24] {Roman} dino, u seeing any problems with order flow on Cyber?
[07:25] {dino} not here, but last week i did
[07:28] {dino} pdgi to .00
[07:28] {Roman} PANC radar
[07:28] {dino} yrcw ugh
[07:29] {Roman} getting in PANC small
[07:29] {Threei} that FOMC meeting can't come soon enough
[07:30] {Threei} market is going to stay like this until after it
[07:32] {Roman} AVNX kinda interesting, near $2 premarket
[07:33] {dino} nnds hl s .97
[07:34] {Threei} can't get rid of feeling CAST is not done
[07:34] {magoo} i know
[07:34] {magoo} like over 9
[07:37] {ramvfin2003} ENER?
[07:38] {Threei} nothing recognizable
[07:39] {Threei} gigm
[07:39] {dino} pdgi stopped .00, +.55
[07:39] {magoo} nice dino
[07:41] {dino} nnds bstop to flat jumpy\
[07:41] {dino} stopped +.01
[07:42] {dino} ctcm, one more spike
[07:45] {Threei} CAST 8.55 break long, and don't try it at home... no market orders
[07:45] {Threei} scary as hell
[07:48] {Threei} no worky CBAK
[07:48] {dino} stops are too tight, look at nnds now, sheesh
[07:49] {dino} a buck
[07:49] {bruce} stopped on all 4 trades this am
[07:49] {bruce} geesh
[07:49] {Roman} DYII
[07:49] {esemde} I'll say....that ones definately not my type Vad....
[07:49] {Roman} on radar, early but probably will look to break 7 any day
[07:50] {dino} ctcm s hl .13
[07:57] {bruce} ctcm stop dino?
[07:57] {dino} .33
[07:57] {bruce} k
[08:00] {dino} 1/1 out at your discretion
[08:01] {Threei} FMCN coming into your territory dino
[08:01] {dino} jumpy sucker
[08:01] {Threei} do you play any others?? :)
[08:02] {dino} lol
[08:10] {esemde} still nursing CNTF..... but it's looking positive now
[08:11] {esemde} ARRRRRRBAAAAA....
[08:12] {dino} hl l pdgi .02
[08:12] {esemde} thats ARBA by the way
[08:14] {dino} pdgi stop is .69
[08:15] {Threei} ALTI continues
[08:15] {Threei} got any target in mind Roman?
[08:15] {Roman} not really
[08:16] {Roman} also watching DYII off 6.5 break, low volume
[08:16] {Roman} BLOG breaking out
[08:20] {dino} rfr, i saw borat yesterday, oh man
[08:21] {Roman} what do you think?
[08:21] {dino} nuts
[08:21] {dino} but funny
[08:21] {bruce} great love story wasn't it dino?
[08:21] {bruce} lol
[08:21] {dino} lol
[08:22] {Roman} PLUG
[08:22] {bruce} saw it a week back
[08:22] {Roman} long BLDP swing
[08:23] {Roman} QMAR could sqeeze
[08:23] {dino} ctcm bstop to .11, not moving
[08:27] {Roman} long QMAR
[08:28] {Threei} CAST nears
[08:28] {Threei} broke
[08:29] {Threei} what a scary stock
[08:29] {magoo} l qmar .39
[08:32] {magoo} waiting .91
[08:35] {Roman} EFUT spike
[08:35] {dino} ctcm stopped .09, +.04
[08:35] {dino} efut
[08:35] {Threei} VPM (VISUAL PROCESS MANAGEMENT) SYSTEM LAUNCHES SUCCESSFULLY IN SINO RUBBER ELECTRONIC EXCHANGE
[08:35] {Threei} that's for EFUT
[08:37] {esemde} nice jump efut....anyone in that
[08:37] {Threei} I am still in diaper change mode after CAST
[08:37] {dino} nope
[08:39] {esemde} efut...pronounced efoot maybe....you can now comunicate with your feet possibly.....just speculation here
[08:39] {Threei} it's an internet brother of bigfoot
[08:40] {esemde} i can see that..
[08:40] {esemde} look at it go.....
[08:43] {esemde} somebody explain the significance of the news for EFUT...i don't get it.
[08:45] {dino} doesn't matter ese, don't overthink
[08:48] {bruce} yhoo short?
[08:48] {dino} risky s winn hl .30
[08:49] {Threei} tough call bruce
[08:49] {bruce} k - had second thoughts on it anyway - almost at daily range
[08:50] {dino} winn bstop is .57
[08:50] {Threei} yeah... daily and intraday in contradiction here
[08:50] {Threei} short by intraday, bounce by daily
[08:57] {dino} pdgi stop to .20
[08:59] {dino} colm drop
[09:02] {dino} pdgi stop to .26
[09:03] {dino} winn stopped -.22
[09:03] {Threei} ASTI
[09:05] {bruce} nextshort attmept in winn would be after 22 dino?
[09:06] {dino} 22.40 my guess, but i'm done w/it
[09:07] {Threei} BEAS
[09:07] {Threei} speculation of new ORCL bid
[09:07] {bruce} k
[09:08] {dino} out pdgi .28, +.26
[09:08] {ramvfin2003} SSTR?
[09:10] {dino} not my stly
[09:10] {Threei} 50/50... nothing compelling
[09:10] {dino} style
[09:12] {Threei} if ASTI breaks .90 and jumps, watch ASTIZ for .75 break
[09:18] {Roman} ESLR another high
[09:18] {Threei} TUES?
[09:22] {Threei} see YHOO bruce?
[09:22] {Threei} no play either way
[09:22] {Threei} charts are in conflict and general market has no idea what it wants
[09:25] {Roman} SOLF
[09:25] {Roman} just another solar
[09:25] {Roman} CSUN too
[09:26] {Roman} CSIQ
[09:26] {Roman} another one
[09:27] {Threei} solar day?
[09:27] {cosmo} not here
[09:27] {Roman} cruide oil near all time highs why not
[09:28] {cosmo} wait 'till there is a breakthru in battery technology
[09:28] {cosmo} solars will rule the world
[09:28] {cosmo} batteries to
[09:29] {bruce} yes - yhoo looking like a reversal now
[09:29] {Roman} watching DSTI too, but it has trouble picking up interest, probably something really wrong fundamentally or this one goes over $10
[09:31] {Threei} 10.50 meltdown is risky long CSUN
[09:34] {Threei} if holding above .40 before the break, this is as good of setup as you can expect from this one
[09:34] {Roman} GOAM is still a swing play for me, hard to scalp so far tho
[09:37] {dino} hl s ctcm .55
[09:39] {dino} stop is .71
[09:40] {dino} darn
[09:40] {Threei} I wonder how this market isn't getting seasick of its own movements
[09:40] {esemde} have a great day everyone......see you tomorrow
[09:40] {Threei} take care ese
[09:40] {bruce} bye ese
[09:41] {bruce} ztopped ctcm
[09:41] {bruce} done for day lads
[09:41] {bruce} will stick around but no more trades
[09:42] {dino} me too bruce
[09:42] {dino} stopped ctcm
[09:42] {dino} ]i meanm
[09:42] {dino} done /ctcm
[09:44] {Threei} DYII held well
[09:44] {Threei} chewing closer to 6.50
[09:45] {Threei} broke
[09:46] {bruce} that your 10 k at 6.50 vad?
[09:46] {Threei} just 1
[09:47] {dino} immr pop
[09:48] {dino} risky, l faro .93
[09:54] {ramvfin2003} asti on break of .90 long?
[09:54] {Threei} yes, just kkeep it small
[09:54] {Threei} stock is veryu jumpy
[09:55] {Threei} ASTIZ broke with it
[09:56] {ramvfin2003} u in vad?
[09:56] {Threei} ASTIZ
[09:57] {ramvfin2003} .75?
[09:57] {Threei} yes
[09:59] {Threei} come on ASTI
[10:03] {ramvfin2003} stop on asti?
[10:04] {Threei} under .60
[10:13] {dino} hurn
[10:20] {Threei} half out ASTIZ +.24
[10:29] {Threei} young men from 18 to 34 are planning to spend most money of Halloween fun according to recent poll
[10:29] {Threei} isn't it disturbing
[10:31] {Threei} argh
[10:31] {Threei} CSUN
[10:31] {Threei} missed it
[10:32] {Threei} anyone stayed with it?
[10:33] {Roman} HOKU
[10:33] {Roman} starting too
[10:37] {Threei} .91 next long CSUN
[10:40] {Threei} take profit as you see fit
[10:40] {Threei} anyone's alive out there?
[10:41] {patience} yup, barely
[10:43] {Roman} QMAR coming back, u still got magoo?
[10:50] {Threei} with all the solar happiness today, why CTDC sits unnoticed
[10:51] {Threei} just 10 cents from dau low
[10:51] {Threei} long if hits .65
[10:52] {Threei} in
[10:55] {Threei} half out .82
[10:56] {Threei} 1/4 more out .95
[10:56] {Threei} continue sleeping you all?
[10:57] {magoo} took it vad, out now v.95
[10:57] {magoo} in astri
[10:57] {magoo} astiz
[10:57] {Threei} thank you magoo
[10:57] {Threei} you return me faith in humanity
[10:57] {Threei} not all of it but still
[10:58] {magoo} just side tracked here
[10:58] {ramvfin2003} ENER slowly moving up
[10:59] {Threei} stop .69 CTDC last portion
[10:59] {Threei} want to see if it can break 10
[11:02] {magoo} out csun, TY here
[11:02] {magoo} .22
[11:02] {Threei} wtg
[11:03] {Threei} CTDC broke
[11:03] {Threei} out in full
[11:04] {Threei} can entry be any more perfect?
[11:06] {dino} tson
[11:06] {dino} ipo 3 weeks
[11:07] {magoo} NICE vad
[11:08] {Threei} I guess I can just dcc you my calls mags
[11:08] {Threei} 3 wins in a row, noone even breathes
[11:08] {dino} you make picks? :)
[11:10] {markweb} vad, next one pl:)
[11:10] {Threei} nope
[11:10] {magoo} i hit all 3
[11:10] {magoo} told dino
[11:10] {markweb} ?:)
[11:10] {Threei} lol
[11:10] {markweb} :(
[11:12] {Threei} is FOMC meeting as usual?
[11:12] {Threei} there was some talk about it scheduled earlier this time, not sure if true
[11:13] {magoo} i got appt, c u all t'morrow TY VAD
[11:13] {Threei} take magoo, welcome
[11:14] {dino} decision wed at 2
[11:14] {dino} 2:15ish
[11:14] {Threei} as usual then... ty
[11:20] {ramvfin2003} LULU?
[11:21] {Threei} nah
[11:28] {Roman} DSTI finally
[11:28] {Roman} i am in swing this thing average 5.35
[11:29] {Roman} this one either dies or explodes as it gets discovered again, but it really needs to break $6
[11:35] {ramvfin2003} BPHX?
[11:36] {Threei} on a trending day I would be enthusiastic about it ram
[11:37] {Threei} my concern is, while market stays like it was whole last week reversals of strongly trending stocks are sudden and brutal
[11:37] {ramvfin2003} ok
[11:38] {Threei} I won't be surprized to see it dropping like a rock
[11:38] {Threei} jeez... while I typed
[11:38] {Threei} 50 cents downtick in single bar
[11:39] {ramvfin2003} ASTI pulled back hard
[11:39] {Threei} another example, yes
[11:40] {Threei} BPHS back to high in a single gasp
[11:40] {Threei} BPHX sorry
[11:40] {Threei} how you trade that? :)
[11:40] {ramvfin2003} with a box of pampers
[11:41] {Threei} well... that is always a good idea
[11:41] {Threei} but I am afraid with movements like BPHX you will run out ofd those twice as fast
[11:42] {dino} hlcs
[11:49] {dino} mblx
[11:52] {ramvfin2003} WCG crushed
[11:53] {dino} mblx hl s .98
[11:59] {ramvfin2003} bounce on WCG?
[12:00] {dino} back in 10
[12:01] {Threei} WCG is anyone's guess today
[12:01] {Threei} tomorrow it's a better candidate
[12:02] {Threei} this kind of selloffs usually starts calming down after three days of red hot selling
[12:02] {Threei} see how volume dries up today vs last tweo days?
[12:02] {ramvfin2003} yes
[12:07] {ramvfin2003} BA 7 mill share buyback
[12:08] {dino} partial fill mblx .60 while out
[12:08] {dino} +.38
[12:10] {Threei} CAST again
[12:10] {Threei} not sure what gives, quite sharp spike
[12:11] {ramvfin2003} are we playing it?
[12:12] {Threei} if it comes to .90 and consolidates for a while
[12:22] {Threei} want little pullback now
[12:22] {Threei} then break
[12:23] {dino} bstop to .53, mblx
[12:27] {dino} to .42
[12:28] {dino} cov mblx .41, +.57
[12:28] {Threei} nice one
[12:28] {markweb} gj dino
[12:29] {dino} ty
[12:30] {Threei} CSUN
[12:31] {Threei} .50 break if stays above .30
[12:31] {dino} aspv
[12:34] {dino} faro stop to .95
[12:35] {markweb} aspv news?
[12:35] {dino} can't find any
[12:36] {markweb} ty
[12:36] {dino} missed it, was at .10
[12:36] {dino} faro stopped b/e
[12:36] {Threei} ASPV WEAKNESS ATTRIBUTED TO CONCERNS CURRENT MERGER DEAL COULD FLL APART
[12:37] {markweb} thx
[12:37] {dino} l hl .25
[12:42] {dino} out .95, +.70
[12:42] {markweb} nice
[12:42] {bruce} nice catch dino
[12:42] {patience} very nice dino
[12:42] {dino} ty,lucky entry
[12:44] {dino} took all day but ended up fine
[12:48] {bruce} good it worked out dino - I hit my loss limit and stopped
[12:49] {bruce} days nearly done = checking out
[12:49] {bruce} see you guys in am!
[12:49] {Threei} take care bruce
[12:49] {dino} me too, thx all
[12:51] {Threei} dino :)
[12:55] {Threei} will be interesting to watch solars tomorrow to determine whether it was a one day fluke or beginning of mania
[12:55] {Threei} okay guys, thank you all, have a good evening
[12:55] {Threei} see you tomorrow
Session Close: Tue Oct 30 00:00:00 2007
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