Session Start: Thu Nov 29 00:00:00 2007
Session Time: Thu Nov 29 00:00:00 2007
[05:47] {bruce} gm all
[05:48] {BillyD} bruce :)
[05:48] {bruce} billy
[05:59] {dino} gm all
[06:02] {bruce} hi dino
[06:04] {bruce} would think all this current volatility is great for your trading style now dino
[06:06] {dino} actually yesterday did not do well (no pullbacks), but the month of nov. was very good
[06:06] {Threei} Good morning folken
[06:07] {bruce} I remember lots of days when naz futures only did 12 -15 points
[06:07] {BillyD} dino, Vad :)
[06:07] {bruce} but 40 - 80 of late
[06:07] {Threei} Billy :)
[06:07] {bruce} hi vad
[06:07] {Threei} bruce :)
[06:08] {Threei} dino, just much fan can magoo have?
[06:08] {Threei} fun
[06:08] {bruce} lol - jealous vad?
[06:08] {Threei} very
[06:08] {dino} dk, thought he would be here today
[06:08] {Threei} :)
[06:08] {Threei} btw, funny thing
[06:09] {Threei} slow big climb days,
[06:09] {Threei} usually not good for your style,
[06:09] {Threei} and not good for mine
[06:09] {bruce} poor vad can't spend his nigerian millions cause hes committed to helping us newbies
[08:12] {Roman} long URRE small & slow
[08:12] {dino} zolt stopped -.32
[08:13] {bruce} any read eslr vad?
[08:14] {Threei} Roman called it earlier
[08:14] {Threei} he has better grip on these solar moves today
[08:14] {bruce} k
[08:15] {Roman} i am not sure at this point, i am sitting from 13.25
[08:15] {Roman} it just keeps moving higher slow which is good
[08:15] {BillyD} ONNN should go now if possible
[08:16] {BillyD} 80K blk
[08:16] {Roman} long PEIX boucning on daily, may keep swing
[08:16] {bruce} thanks roman
[08:16] {bruce} chart looked good but thought it might be near end ofmove
[08:18] {Roman} CTDC
[08:18] {Roman} long small
[08:18] {Roman} 5.65 area
[08:19] {Roman} out 1/2 CSUN +.46
[08:23] {Threei} market is ready for break
[08:24] {BillyD} .
[08:24] {Threei} needs to hold 2100 and break 2105
[08:25] {Threei} watching NVDA for long entry
[08:25] {Threei} closest support is.10
[08:27] {BillyD} re enter JADE .32...stop under .30
[08:27] {Threei} in
[08:28] {Threei} .09 stop
[08:28] {dino} flir bstop to .18
[08:29] {dino} stopped .19, +.39\
[08:30] {Threei} half out NVDA 1:1
[08:30] {Threei} NQ obliges
[08:31] {BillyD} I hesitated on it and then tried .21 too late
[08:31] {BillyD} gj
[08:31] {Threei} ah, better entry price... like to lure of siren's song... never what it promises to be yet qwho of us can resist it
[08:32] {dino} hl l flir .50
[08:33] {Threei} out in full NVDA
[08:33] {Threei} +.30
[08:35] {Threei} OPEC SHIPMENTS IN 4 WEEKS TO DEC 15 SEEN UP 0.48M BPD, OPEC UPHOLDING PLEDGE TO BRING FRESH OIL TO THE MARKET - WIRE CITES OIL TANKER TRACKER
[08:36] {Threei} does oil go sour?
[08:36] {bruce} zolt is really climbing
[08:37] {Threei} XING tries for 2 day's break
[08:37] {Threei} tough read, not sure
[08:38] {BillyD} out some ONNN here
[08:38] {esemde} have a great day all...
[08:39] {BillyD} cya ese
[08:39] {Threei} take care ese
[08:39] {Threei} great job with CSIQ today
[08:39] {dino} hl l sirf .27
[08:40] {bruce} bye ese
[08:40] {BillyD} ONNN new high
[08:40] {Threei} new high ONNN, believe it or not
[08:40] {BillyD} yahoo
[08:40] {Threei} I personally don't
[08:40] {Threei} out half
[08:41] {Threei} sharp downtich NQ
[08:41] {Threei} gotta secure it
[08:41] {BillyD} now you tell me lol
[08:44] {Threei} CAMD?
[08:44] {Threei} I don't see news
[08:45] {BillyD} me either
[08:46] {Threei} .76 another NVDA trigger, if stays above .65
[08:48] {Threei} 1:1 NVDA
[08:48] {BillyD} out ...only a 100 fill
[08:48] {BillyD} ty
[08:49] {Threei} out in full
[08:49] {Threei} .97
[08:50] {BillyD} nice
[08:51] {Threei} NVDA behaves much better than BRCM today
[08:51] {Threei} glad to make right choice betwen them
[08:51] {BillyD} yeah
[08:58] {dino} flir stopped
[08:59] {BillyD} out more ONNN here
[08:59] {dino} \sirf stopped flat
[09:01] {BillyD} out rest ONNN ty vad
[09:01] {Threei} welcome
[09:01] {Threei} what a torture
[09:02] {Threei} fooled me by being so perky yetsterday,
[09:02] {BillyD} yeah...but honestly chart looks good on daily
[09:02] {BillyD} who has the patience
[09:02] {Threei} and with strong market and important resistance break today I expected real continuation
[09:03] {BillyD} .47 area is daily resisitance
[09:03] {BillyD} it seems most my trades today been tortur trades
[09:14] {BillyD} notice how ONNN is holding
[09:19] {bruce} zolt inally looking weak dino
[09:20] {dino} ltre s hl .28
[09:20] {dino} tough one zolt'
[09:27] {dino} ltre stopped -.34
[09:27] {dino} taking a break
[09:30] {BillyD} out JADE .35 ....enough slowness for now
[09:31] {dino} teloz
[09:31] {BillyD} Vad..any read NVDA here
[09:32] {Threei} not at the moment
[09:32] {dino} l .67 teloz
[09:33] {BillyD} seems abit disconnected
[09:34] {bruce} arna - any read vad?
[09:35] {Threei} at this point it's ONNN's sibling
[09:36] {bruce} lol
[09:36] {bruce} sisters in torture
[09:41] {dino} teloz stopped .50 -.17
[09:44] {bruce} taking a break here
[09:47] {dino} tbsi s .20
[09:52] {dino} cov tbsi 37.80, +1.40
[09:54] {Threei} good one... quick too
[09:55] {dino} finally
[09:55] {dino} osip
[09:56] {dino} sxci s .49
[10:02] {cosmo} TIVO acting up
[10:02] {Threei} PACT SUBSIDIARY ANNOUNCES ECOMMERCE AGREEMENT IN CHINA
[10:02] {Threei} - Subsidiary has entered into an agreement to place its Electronic Bingo Machines with a leading slot operator in Asia
[10:04] {cosmo} TiVo Statement on the United States Patent and Trademark Office Decision
[10:04] {cosmo} PR Newswire (Thu 12:55pm)
[10:04] {cosmo} fwiw
[10:04] {Threei} 12:57pm [TIVO] Says pleased that Patent Office found Time Warp DVR patent claims valid
[10:05] {cosmo} time warp?
[10:05] {dino} sirt
[10:05] {Threei} chronoclastic infundibula
[10:06] {Threei} BIN LADEN CALLS ON EUROPEAN COUNTRIES TO END MILITARY COOPERATION WITH THE U.S. IN AFGHAN WAR - CITING AL JAZEERA
[10:09] {cosmo} http://en.wikipedia.org/wiki/Special:Search?search=chronoclastic+infundibula&go=Go
[10:09] {cosmo} sigh
[10:12] {dino} sxci bstop to .51
[10:14] {dino} stopped -.02
[10:15] {Threei} if you are bored and want action badly, TIVO .15 long with .04 stop
[10:22] {Threei} almost 1:1 TIVO
[10:23] {cosmo} santa likes it
[10:24] {Threei} 1:12
[10:24] {Threei} 1:1
[10:24] {Threei} nice and clean
[10:25] {Threei} that's 4 for 4 today
[10:25] {Threei} can I go home?
[10:25] {BillyD} good selectivity
[10:30] {dino} gj 3i
[10:30] {Threei} ty
[10:31] {Threei} 1:2
[10:32] {Threei} me no held
[10:32] {Threei} if thee did, thee happy
[10:36] {dino} gs sm l .73
[10:42] {dino} stopped
[10:47] {Threei} MOGN pulled back into support
[10:47] {Threei} bounce candidate
[10:48] {Threei} just a scalp, don't count on major move
[10:48] {BillyD} entry?
[10:48] {Threei} would like one more leg of selling
[10:49] {Threei} WHITE HOUSE ECON ADVISOR LAZEAR: "MORE PRONOUNCED" HOUSING SLOWDOWN CONTRIBUTED TO CUT IN ECONOMIC FORECAST - WIRE HEADLINE- Housing will hurt GDP growth at least through 1H 2008
[10:50] {BillyD} didn't see selling pronounced enough to enter
[10:50] {Threei} missed it
[10:55] {bruce} amex is down
[10:55] {bruce} dinos probably been overtrading it
[10:57] {Threei} lol
[10:58] {Threei} if not for ETFs trading on AMEX, not many would even suspect it existed
[10:58] {dino} lol
[10:58] {bruce} dltr vad - any read?
[10:59] {Threei} I can read all 4 letters just fine, thank you
[10:59] {Threei} beyond that... not much
[10:59] {bruce} k
[10:59] {bruce} thats about it for me too
[10:59] {Threei} oh, and I like company name
[11:00] {BillyD} vAd...MOGN seems holding a bit here
[11:00] {Threei} artcile in today's paper titled Earth fails to meet warming prediction for 2007
[11:00] {BillyD} Vad...dis regard last comment
[11:01] {Threei} I am going to start believing in global warming predictions for 2050 and beyond when they get current year right at least 3 out of 5
[11:01] {cosmo} volcanism has been slacking
[11:01] {Threei} no worry Billy, I disregraded it before looking at quotes
[11:01] {bruce} sure a lot warmer here vad
[11:02] {bruce} live on priaires and winters are way milder than 20 yrs back
[11:02] {Threei} hmmm... I lived through copldest winter on record in manitoba
[11:02] {Threei} and it was much more recent than 20 years :)
[11:03] {Threei} as a matter of fact... I managed to arrive to Canada on the coldest day in manitoba's recorded history
[11:03] {Threei} Feb 1 1996, -52 C
[11:03] {BillyD} lol...mere coincidence
[11:04] {bruce} hmmm
[11:04] {cosmo} they must have need you 3i
[11:04] {cosmo} needed
[11:04] {Threei} not my problem anymore
[11:04] {bruce} brought some of htat old moscow chill with you sounds like
[11:04] {bruce} must have felt lke home
[11:04] {Threei} not at all
[11:04] {Threei} I am from way milder climate area
[11:05] {bruce} stec is moving
[11:05] {bruce} ?
[11:05] {Threei} before coming to prairies I had no slightest idea it can be THAT cold
[11:05] {bruce} there is a "mild" climate area in russia?
[11:05] {Threei} have you seen russia on map? :)
[11:06] {bruce} sure
[11:06] {Threei} not even mentioning that I am from Ukraine
[11:06] {bruce} its just a little speck
[11:06] {bruce} lol
[11:06] {Threei} yup... that it is
[11:06] {bruce} ah
[11:06] {bruce} ukraine
[11:06] {bruce} that explains it
[11:07] {BillyD} Vad....TIVO got any gas left in 7.50 break
[11:07] {Threei} I am not comfortable with it at this level Billy... looked at it too
[11:07] {dino} tbsi s .64
[11:07] {BillyD} ok...ty
[11:07] {Threei} opullback maybe
[11:07] {Threei} but break, not anymore
[11:08] {Threei} see this ugly formation it made after this last break?
[11:08] {BillyD} yes
[11:08] {Threei} barely made new high, then formed something otherwordly
[11:09] {BillyD} it dropped right as I posted
[11:09] {BillyD} kiss of death
[11:09] {Threei} in universe I trade in, stocks don't behave like this
[11:09] {cosmo} its your fault BD
[11:09] {BillyD} lol
[11:11] {BillyD} lots of marginal trades out there
[11:11] {Threei} venezuela wants to establish its own unique time zone
[11:11] {BillyD} and they seem not to work as often lately
[11:11] {Threei} now, that's the idea that resonates with me
[11:11] {Threei} that's why I am so picky these days billy
[11:12] {BillyD} u have been very good at it
[11:12] {bruce} expe - any read vad?
[11:12] {Threei} I am willing to take marginal setups in streaming market, it's more forgiving
[11:12] {Threei} but in what we have now, you better shoot for sure thing
[11:12] {BillyD} I should just only take yours
[11:12] {Threei} as much as sure thing exists in the markets
[11:13] {Threei} EXPE, if pulls back into .10-1.15 area I'd be interested
[11:14] {bruce} k-
[11:19] {dino} major slippage stopped tbsi
[11:19] {dino} taking break
[11:19] {BillyD} tbsi a tough one for slippage
[11:20] {dino} indeed
[11:20] {BillyD} TIVO teasing mode
[11:20] {BillyD} still disinterested Vad?
[11:22] {Threei} yeah
[11:22] {cosmo} 7.50 tease
[11:22] {cosmo} maybe
[11:22] {BillyD} yes cosmo
[11:28] {Threei} how about this
[11:28] {Threei} TIVO I mean
[11:28] {cosmo} its warping
[11:29] {cosmo} TIVO I mean
[11:31] {bruce} spls vad
[11:32] {Threei} maybe around .80
[11:39] {Threei} NVDA should provie scalp opportunity if pulls back closer to 33 and NQ stages another spike
[11:39] {BillyD} funny..it is on my screen
[11:41] {Threei} pause... be ready
[11:41] {Threei} in
[11:41] {Threei} .98 stop
[11:41] {BillyD} k
[11:46] {Threei} like violin
[11:46] {Threei} scalpers, take your 1:3
[11:47] {BillyD} out full ty
[11:47] {Threei} "that was easy"
[11:47] {BillyD} low risk
[11:48] {Threei} that's how I like them
[11:49] {Threei} with 4 cents stop, $80 risk on 2K, 12 cents profit = $240 in couple minutes
[11:49] {BillyD} did you buy the TIVO pb.....that is what you meant earlier right?
[11:49] {Threei} no
[11:49] {Threei} it lost all credbility with me
[11:50] {BillyD} you just mentioned it "how about this" and then ?
[11:50] {BillyD} wasn't sure what u meant
[11:50] {Threei} there was unbelievably ugly red bar
[11:51] {Threei} engulfing entire range before that
[11:51] {Threei} just wanted to attract your attention to how untradeable it became
[11:51] {BillyD} I thought maybe if spiked up u were gonna say a possible short
[11:51] {Threei} nah
[11:52] {Threei} why would I want struggle
[11:52] {Threei} I like easy money
[11:52] {Threei} let ego-driven traders fight every battle
[11:52] {BillyD} well if popped uo into mid to high .40's againg w/ .50 stop is low risk
[11:53] {BillyD} is this unreasonable
[11:53] {Threei} I don't know what to say... see, I just don't think like this
[11:53] {BillyD} should I be scared....lol
[11:53] {Threei} if there is a setup I can recognize, any trade is reasonable
[11:54] {BillyD} ok
[11:54] {Threei} general expectations based on price alone, it's just not enough for me to engage
[11:54] {BillyD} I figured as jumpy up w/ .50 resistance possible jumpy spike cover for scalp
[11:55] {Threei} TIVO was easy and safe money on 7 break, which I missed,
[11:55] {Threei} it was reasonable at that break that we took,
[11:55] {BillyD} I see your point as to take the cleaner/safer setup
[11:55] {Threei} after that it became a struggle
[11:55] {Threei} be kinder to yourself, trade simple easy things
[11:56] {Threei} don't drage yourself into overly hot battles
[11:56] {BillyD} u r right
[11:56] {BillyD} make it easier
[11:56] {BillyD} and execute the easier ones more accurately
[11:58] {Threei} non-scalpers who held NVDA, take your indecent r/r whatever it is and I will pretend I don't know you
[11:58] {BillyD} lol
[11:59] {Threei} hmmm... this is something you don't see every day
[12:00] {Threei} ASTI vs ASTIZ... Z always follows the stock,
[12:00] {Threei} right now it overshot it
[12:00] {cosmo} it has a premium
[12:06] {Threei} RIMM india rumors
[12:08] {cosmo} tivo teasing soon
[12:16] {dino} scor hl s .08
[12:28] {cosmo} solf
[12:29] {BillyD} SOLF requires a wide stop
[12:29] {BillyD} keeps trudging up
[12:31] {Threei} VRSN
[12:31] {Threei} feels like there should a short in it
[12:32] {dino} y
[12:32] {Threei} now, with stop above 41
[12:33] {Threei} needs supporter at .90 to give up
[12:33] {BillyD} yup
[12:33] {BillyD} yes
[12:36] {Threei} ah come on, give up already
[12:36] {BillyD} lol
[12:36] {Threei} .96 stop
[12:37] * Threei hits VRSN on the head with 2x4
[12:38] {Threei} OK... violence works
[12:39] {bruce} yep - handy 2*4
[12:39] {Threei} endowed with rusty nails too
[12:40] {bruce} double ouch
[12:41] {bruce} target? - took off half at .80
[12:41] * BillyD kicks VRSN w/ Vad's army boots
[12:41] {Threei} who knows bruce
[12:41] {Threei} let it trade and keep stop
[12:41] {bruce} lol
[12:42] {bruce} will consult the tarot
[12:42] {Threei} no need
[12:42] {Threei} VRSN will tell
[12:42] {Threei} stop to .91
[12:42] {bruce} ah yes - tightening stops
[12:42] {bruce} that I like
[12:42] {dino} shld s .10
[12:43] {Threei} 1:1, stop tyo b/e... also, last bounce held under .90 establishing new resistance level
[12:43] {Threei} so trailing is justified
[12:44] {bruce} with some luck - next stop .5
[12:44] {BillyD} out thx Vad
[12:44] {Threei} :)
[12:44] {Threei} 1:2
[12:44] {Threei} could it be any simpler
[12:44] {BillyD} could have happened quicker....so ungrateful
[12:44] {Threei} lol
[12:44] {bruce} lol
[12:44] {bruce} you tell him billy
[12:44] {Threei} that's two slow trades by me today
[12:45] * Threei spreads ashes over his head
[12:45] {BillyD} no...nothing compares to ONNN
[12:45] {dino} gj bd
[12:45] {Chaeron} don't go ripping your clothes Vad
[12:46] {BillyD} thx dino
[12:46] {Threei} no?
[12:46] {Threei} I hoped it would be a jusatification to update my wardrobe
[12:46] {dino} u2
[12:46] {Chaeron} lol
[12:46] {Threei} I have just one tutu
[12:47] {Threei} and it's pink
[12:47] {BillyD} as long as new wardrobe covers tutu we are ok with it
[12:47] {Threei} need masculine color
[12:47] {cosmo} clear
[12:48] {bruce} riding vrsn w stop to .75 now
[12:50] {bruce} all out .62
[12:50] {bruce} thanx vadster
[12:50] {bruce} nice trade
[12:50] {BillyD} well done bruce
[12:51] {Threei} welcome sir
[12:51] {Threei} it was what, 7 for 7?
[12:51] {Threei} I l.ost count
[12:51] {BillyD} 100%
[12:51] {Threei} just want to know how many straight winners I need to call to get endorsed by bruce {G}
[12:51] {bruce} you did well vad
[12:51] * Threei takes a bow
[12:51] {dino} shld stopped flat
[12:52] {dino} very nice vad
[12:53] {Threei} ty
[12:53] {Threei} best month of the year for me
[12:53] {Threei} one losing day, -whooping 50 bucks
[12:53] {BillyD} you have such clarity in reading
[12:54] {BillyD} in strange mkt
[12:54] {Threei} you should see how fluently I read in Russian...
[12:54] {BillyD} hmmmm
[12:54] {bruce} you've always had my endorsement vad
[12:54] {Threei} just pulling your leg bruce :)
[12:54] {bruce} I just have a knack for jinxing your trades
[12:54] {bruce} a really nice day all in all
[12:55] {bruce} low stress
[12:55] {Threei} ahha
[12:55] {Threei} finally
[12:55] {dino} ironically, negative for me
[12:56] {BillyD} PEIX running
[12:56] {dino} need to go to scalp mode for a few days
[12:56] {Threei} sorry dino
[12:56] {Threei} it doesn't happen to you often
[12:56] {dino} i was due.
[12:57] {dino} s tleo .70
[12:57] {Threei} lol
[12:57] {Threei} funny way to look at it
[12:57] {Roman} out PEIX swing +1.2
[12:57] {Roman} from today
[12:57] {Threei} but then again... what's funny for me is usually the same that is funny for 11 years old
[12:57] {Threei} you are not allowed to close swing same day Roman
[12:58] {dino} scor stopped -.40
[12:58] {Threei} you'll have to re-enter it immediately and hold... alternatively, transfer profits to some charity
[12:59] {Roman} long MGPI
[12:59] {Roman} swing
[12:59] {hawkfan4} lol, thx for PEIX Roman, although i was perfectly happy when i sold it at 5.29
[12:59] {Threei} for the next 3 minutes?
[12:59] {bruce} today was romans day
[12:59] {Roman} out remaining PEIX
[12:59] {Threei} yeah, roman read them solars perfectly
[12:59] {bruce} would love to do more of those long holds
[13:00] {Threei} OK guys, thank you all
[13:00] {Threei} have a great evening
[13:00] {bruce} night all
[13:00] {BillyD} ty...take care
[13:00] {Threei} I'll see you all tomorrow
[13:01] {bruce} you do ok overal dino?
[13:01] {dino} cov tleo .46, +.24
[13:02] {dino} down about $500
[13:02] {bruce} k
[13:02] {bruce} sorry to hear
[13:02] {dino} vacation messed me up. :)
[13:02] {bruce} maybe -
[13:03] {bruce} I watched a bunch of them though
[13:03] {dino} don't worry....i'll go to scalp mode until clear
[13:03] {bruce} they went further than expected before reversining
[13:03] {dino} yes, and all of the sudden market is positive bias. i must adapt
[13:04] {bruce} I'm looking more for double bottoms and tops
[13:04] {bruce} can't seem to get the tops and bottoms rith at all
[13:05] {bruce} so waiting for a better confirmation
[13:05] {bruce} night all
[13:05] {dino} makes sense. prior to yesterday, it was reversal city
[13:05] {dino} take care all, have to coach son's basketball team
Wednesday, November 28, 2007
November 28, 2007
Session Start: Wed Nov 28 00:00:00 2007
Session Time: Wed Nov 28 00:00:00 2007
[05:32] {Threei} *OCT DURABLE GOODS: -0.4% V -0.1%E; DURABLES EX-TRANSPORTATION: -0.7% V 0.3%E
[05:32] {Threei} - Prior Ex-Transportation revised from 0.3% to 1.1
[05:33] {BillyD} a simple good morning entry would do :)
[05:33] {Threei} yeah but that would be too common
[05:33] {Threei} I like to create drama entry
[05:33] {Threei} hmm... by posting dyrable goods data... I need to get out more
[05:33] {BillyD} your consistent
[05:39] {BillyD} seeing if JADE gets follow thru today
[05:41] {Threei} nice move on no news
[05:41] {BillyD} yeah....eating nice offers as well
[05:43] {Threei} tough read for me
[05:43] {Threei} looked at it several times, couldn't get a feel
[05:46] {cosmo} MRVL?
[05:49] {dino} gm all
[05:51] {Threei} dino!
[05:51] {Threei} 00:21am [MRVL] Price target cut to $19 from $21 at Goldman
[05:52] {cosmo} hmm
[06:02] {Threei} FED'S KOHN CAN COMPENSATE FOR HIGHER CREDIT COSTS BY LOWERING RATES - Q&A SESSION
[06:02] {Threei} rob peter to pay paul?
[06:03] {cosmo} its a theory
[06:03] {dptl} good morning all
[06:04] {Threei} dp :)
[06:04] {Threei} TIVo SIGNS CARAT TO COMPREHENSIVE AUDIENCE RESEARCH SUBSCRIPTION
[06:09] {Threei} BIDZ HEARING DEFENDED AT CRAIG HALLUM
[06:10] {Threei} "Jeez, let me out" is a weak defense I'd say
[06:12] {bruce} morning all
[06:12] {Threei} bruce :)
[06:13] {bruce} hi vad
[06:15] {Threei} BIDZ formed breakout pattern on chart with .40 trigger... honestly I am not too jazzed about it
[06:17] {BillyD} because of its nature?
[06:17] {Threei} there is a hot conroversy around it right now
[06:17] {Threei} kind of battle I don't want to participate in until the air clears
[06:17] {esemde} good morning.....
[06:17] {Threei} ese :)
[06:17] {BillyD} ok...thx
[06:17] {BillyD} morn ese
[06:18] {esemde} morning vad, billy
[06:18] {Threei} for canucks who don't watch CAD real time... it flirted with par overnight,
[06:19] {Threei} slightly retreated
[06:19] {Threei} I doubt we will see those blessed 1.50 - 1.60 levels in our lifetime, but I'd be grateful even for 1.10
[06:20] {BillyD} never say never
[06:20] {Threei} recent .90 is plain brutal
[06:23] {BillyD} Vad....you take a hit on the conversion in trading
[06:23] {Threei} "hit" is understatement of the century
[06:23] {Threei} from 1.50 for each buck made to .90?
[06:23] {BillyD} ouch
[06:24] {BillyD} sorry to hear
[06:24] {Threei} oh well... when the wheel rotates faster, what a ferret to do :)
[06:24] {BillyD} lol
[06:25] {BillyD} good attitude
[06:31] {Threei} welcome aboard lumdus
[06:31] {BillyD} welcome lumdus
[06:31] {lumdus} thank you
[06:32] {esemde} bstop SPLS 22.96
[06:32] {Threei} no obvious plays at the open
[06:32] {Threei} SPLS, I'da rather try entry on the retreat ese
[06:32] {Threei} 22.40 support
[06:32] {esemde} ok
[06:33] {BillyD} Vad...not a fan of EFTC
[06:33] {BillyD} ETFC
[06:33] {Threei} try to get it on first sign of strength
[06:33] {Threei} .61 let's say
[06:33] {esemde} was thinking just over .60
[06:33] {Threei} :)
[06:33] {Threei} BIDZ, .40 buyer wishes he never heard of this stock
[06:34] {dino} sm wynn l .00
[06:34] {Threei} ETFC is another one of "battle I don't want to take on" billy
[06:34] {BillyD} ok
[06:35] {Threei} bankruptsy or buyout, which happens first, at what price, when... let them guess and gamble
[06:35] {bruce} nvda spike
[06:35] {esemde} quotes have stopped.....whats goin on?
[06:35] {BillyD} ok here
[06:35] {Threei} .73 .74 ese
[06:35] {Threei} SPLS
[06:35] {esemde} what Bs it's .74
[06:35] {Threei} never got your entry?
[06:36] {esemde} my screen froze
[06:36] {BillyD} in JADE .13
[06:36] {BillyD} partial fill
[06:36] {esemde} what a load of........
[06:36] {esemde} will look at the bstop again
[06:36] {dino} wynnstopped -.50
[06:36] {Threei} don't want to harp ese... but you know what I have to say about it...
[06:37] {Threei} wow JADE... you are playing it like violin Billy
[06:37] {BillyD} out +.16
[06:37] {esemde} nope screen froze again......will see you all in a few minutes
[06:38] {dino} wynn rinsed
[06:39] {Threei} SOHU is getting ahead of itself
[06:39] {Threei} probably your client dino
[06:40] {dino} ty
[06:41] {Threei} ATVI
[06:41] {BillyD} just noticing
[06:41] {Threei} .60 long if stays above .45
[06:43] {Threei} if loses it, looking for long of .20 or so
[06:43] {esemde} am back....
[06:43] {Threei} lost
[06:44] {dino} risky, s sohu .50 hl
[06:44] {BillyD} ATVI held .40 area ok
[06:44] {Threei} holding better than expected ATVI
[06:45] {Threei} let's try .50 break
[06:45] {dino} stop is .87, fwiw sohu
[06:45] {Threei} .35 stop
[06:46] {Threei} mildly aggressive
[06:47] {Threei} break that wall ATVI
[06:47] {BillyD} yes
[06:47] {Threei} good boy, now go
[06:48] {Threei} 1:1
[06:48] {Threei} half out .70
[06:48] {Threei} scalpers know the drill
[06:48] {dino} stopped sohu, -.38
[06:49] {BillyD} new stop Vad?
[06:49] {Threei} .49
[06:49] {BillyD} got it
[06:50] {esemde} long NTAP
[06:50] {esemde} .7171
[06:50] {esemde} thats just .71 small
[06:51] {Threei} nice two day's break NTAP
[06:51] {Threei} .55 stop ese?
[06:51] {esemde} yes
[06:51] {Threei} ATVI stop to .54
[06:52] {Threei} DIVX
[06:53] {Threei} tough one...
[06:53] * Threei kicks ATVI in the rear
[06:54] {dino} tbsi hl l .00
[06:54] {BillyD} out rest +.38 thx Vad
[06:54] {Threei} welcome sir
[06:54] {Threei} out 1/4 more ATVI .92
[06:54] {Threei} +.40
[06:55] {Threei} last portion is for spike over 23
[06:55] {Threei} or .85 stop
[06:55] {esemde} out.....don't know what price mid .80's i thinkl...quotes have stopped again
[06:55] {Threei} it's at .86 ese
[06:56] {esemde} tks
[06:56] {Threei} just dove under .80
[06:56] {esemde} ok...got .87 +.16....
[06:57] {esemde} no more trading today....we gotum computor problems....
[06:57] {Threei} sorry :(
[06:57] {esemde} hmm don't know whats going on.......
[06:58] {BillyD} spyware or virus
[06:58] {Threei} good out ese
[06:58] {BillyD} maybe
[06:58] {Threei} it's under .70
[06:59] {esemde} yes bs luck......quote connection box went yellow instead of green so i fired in a fast sell order
[07:00] {dino} gj ese
[07:00] {esemde} anyone else using Questrade?
[07:00] {esemde} dp?
[07:00] {Threei} it's been nice knowing you ATVI
[07:00] {BillyD} Laser here ese
[07:00] {BillyD} a good one Vad
[07:01] {Threei} NVLS
[07:01] {Threei} .95 long
[07:01] {Threei} if stays above .80
[07:02] {Threei} keep an eye on NQ for this one
[07:02] {Threei} don't buy it if triggers while NQ drops
[07:02] {BillyD} it dropped
[07:02] {Threei} *OCT EXISTING HOME SALES: 4.97M V 5.0ME
[07:03] {Threei} HOKU?
[07:03] {Threei} ETFC
[07:03] {Threei} HEARING RENEWED CHATTER BUFFETT IS TAKING STAKE IN CO.- Note that the WSJ's Deal Journal report highlights potential pitfalls to any deal
[07:03] {dino} out tbsi .44, +.44
[07:03] {Threei} sigh
[07:04] {Threei} wtg dino
[07:04] {dino} ty
[07:06] {Threei} NVLS is valid, same setup, same condition
[07:06] {esemde} am still long my 100 shs CSIQ at 14.50 though
[07:06] {BillyD} NQ tinker down again
[07:06] {dino} risky, hl l bidz .65, stop .33
[07:06] {esemde} it's making a move toward todays high at 15.50
[07:06] {Threei} SCON buyers
[07:07] {esemde} yes indeed it is
[07:07] {dino} stopped, hmmmm
[07:08] {esemde} should have been it has
[07:08] {Threei} BIDZ is on my stay away for now list dino
[07:09] {dino} pretty beat up
[07:09] {dino} another rinse job, looks like
[07:09] {Roman} long URRE small
[07:09] {dino} or not
[07:09] {Threei} too much arguing around it right now
[07:10] {Roman} 11.32 small
[07:10] {Threei} want to let the dust settle
[07:10] {dino} i'll wait way lower
[07:11] {Threei} RMBS
[07:11] {Threei} 19.01 long
[07:12] {Threei} if stays above .80
[07:12] {Threei} if treiggers from here, stop .85
[07:13] {Threei} lost interest in NVLS breakout
[07:13] {BillyD} vol low for RMBS from memory
[07:15] {bruce} out ebay + .45
[07:15] {Threei} SMSI
[07:15] {BillyD} nice bruce
[07:15] {Threei} half lot short .48
[07:15] {bruce} \thanx billy
[07:15] {Threei} stop above .61
[07:16] {BillyD} good spot Vad
[07:16] {BillyD} in .46
[07:16] {Threei} missed your entry bruce... good one
[07:17] {dino} vrgy s hl .15
[07:17] {dino} stop .53
[07:18] {bruce} thanx vad .42 on pause
[07:19] {dino} gj bruce
[07:19] {bruce} thanx dino
[07:22] {Threei} roman, any clue on SCON?
[07:22] {dino} vrgy stopped, taking a break
[07:24] {Threei} let's tighten SMSI to .56 billy
[07:24] {BillyD} k
[07:25] {Roman} no reed on SCON vad
[07:25] {BillyD} RMBS still?
[07:25] {Roman} but CSIQ looks interest
[07:25] {Threei} ty
[07:25] {Threei} sure, RMBS is as valid as ever
[07:26] {Threei} let's dance RMBS
[07:26] {Threei} don't be a party pooper
[07:26] {Threei} out SMSI
[07:26] {BillyD} out smsi ...in RMBS
[07:27] {Roman} long CPSL
[07:28] {Roman} full size
[07:28] {dino} vrgy rinse job too, sheesh
[07:29] {BillyD} dino...u have Vad's TTR book
[07:29] {dino} yes
[07:29] {BillyD} pg 142...expanding range mkt
[07:29] {BillyD} he showed us yesterday
[07:29] {BillyD} FYI
[07:29] {dino} ahh
[07:29] {Threei} to be precise... I found it yesterday
[07:29] {Threei} {G}
[07:30] {Roman} long KONG
[07:30] {Roman} 1/3 size
[07:30] {Roman} 4.80
[07:31] {Threei} NQ is ready to bust 75
[07:31] {Threei} done
[07:31] {Threei} come on RMBS, follow
[07:33] {Threei} DOE CRUDE: -400K V -750KE; GASOLINE: +1.4M V +1ME; DISTILLATES: -100K V -1ME; UTILIZATION: 89.4% V 87.6%E
[07:33] {Threei} Crude: -5.3M
[07:33] {Threei} Distillate: +2.6M
[07:33] {Threei} Gasoline: +88
[07:34] {Threei} are we swimming in oil or what
[07:34] {Threei} RMBS stop to .89
[07:34] {cosmo} we float on it, 3i
[07:34] {Threei} not sure I like this stall
[07:34] {BillyD} agree on RMBS
[07:34] {Roman} XFML
[07:34] {Roman} long
[07:35] {Threei} should have broken .10 more easily on last NQ spike
[07:35] {BillyD} took some off here
[07:35] {BillyD} .09
[07:35] {Threei} probably a good idea
[07:36] {BillyD} hate to do it as I am trying to hold faithfully
[07:36] {BillyD} but my goodness
[07:37] {BillyD} noe RMBS
[07:37] {BillyD} now
[07:38] {Threei} NVDA demonstrates happiness and perkiness today
[07:38] {Threei} somehow it escaped my attention on .50 breakout
[07:38] {lumdus} i missed the call on rmbs - what was it ?
[07:39] {Threei} 19 lumdus
[07:39] {BillyD} if RMBS can't do it here....be a sign
[07:39] {Threei} 18.84 original stop, .89 now
[07:39] {lumdus} tx .. need to pay more attention here.
[07:39] {dino} btrx s hl .60 stop .93
[07:40] {Threei} why would you do that... even my cat doesn't pay any attention to me when I forbid it to step on buy button
[07:40] {BillyD} does your cat type?
[07:40] {BillyD} that would explain a lot
[07:40] {Threei} no but it likes my keyboard shortcut
[07:41] {Threei} ah, you are mean
[07:41] {Threei} you dislike my grammar
[07:41] {Threei} and spelling
[07:41] {Threei} I would cry if not for the fact that you are not alone
[07:41] {bruce} ebay continues - exited way too early
[07:41] {BillyD} cat like mindset...hehe
[07:42] {BillyD} humor
[07:42] {BillyD} etc, etc
[07:42] {Threei} RMBS like chinese water torture
[07:42] {BillyD} where you at Vade for 1/2
[07:42] {BillyD} rflol
[07:42] {Threei} want .16 - .17
[07:42] {BillyD} ok...thx
[07:42] {bruce} now if you can just train the cat to do winning trades vad!
[07:42] {Threei} but I am flexible
[07:43] {Threei} trying bruce
[07:43] {Roman} show QQQQ
[07:43] {Roman} short
[07:43] {Roman} 51.22
[07:43] {dino} amln hl l .50, stop .23
[07:43] {Threei} party pooper
[07:43] {BillyD} out little RMBS .15
[07:44] {BillyD} .13
[07:44] {BillyD} chinese torture getting best of me
[07:44] {bruce} my level 2's giving crossed quotes today
[07:44] {Threei} offering .17
[07:45] {Threei} server 2 here bruce, looks fine
[07:45] {BillyD} ?me undercuts Vad at .16
[07:45] {BillyD} lol
[07:45] {bruce} out rmbs
[07:45] {BillyD} can't even post jioke properly
[07:45] {Threei} ah that's how is it going to be?
[07:45] {BillyD} jk :)
[07:45] {Threei} won't announce my exits in advance then!'
[07:46] {BillyD} never even entered order and RMBS backs down
[07:46] {Threei} you scared it
[07:46] {BillyD} my whole 200 shares left
[07:47] {Threei} hmm.. NVDA sells while NQ upticks
[07:47] {Threei} either fluke or it's ready to be shorted
[07:47] {Threei} 32.99 short trigger, half lot
[07:48] {Threei} .30 resistance
[07:48] {Threei} if NQ nosedives, short aggressively
[07:48] {BillyD} k
[07:48] {Threei} no full lot today on it
[07:48] {Threei} it's more volatile than usual
[07:49] {BillyD} not sure I'm up for NVDA
[07:52] {BillyD} pivotsal moment for index
[07:54] {dino} bucy fast fall
[07:55] {Threei} out half RMBS
[07:55] {Threei} I obviously like being tortured...
[07:55] {BillyD} good patience
[07:56] {BillyD} do or die mentality
[07:56] {Threei} it's just coma
[07:56] {Threei} I trade much better if I never wake up
[07:57] {Threei} stop .99
[07:57] {Threei} will trail it to .09 if it breaks .20
[08:01] {BillyD} out rest of RMBS...thx Vad
[08:01] {Threei} welcome
[08:02] {BillyD} your NVDA working nicely
[08:03] {Threei} need one more leg down
[08:03] {Threei} maybe I got too greedy
[08:03] {Threei} it had huge bid at .75 when lost .80
[08:03] {BillyD} u n at .99 or higher
[08:03] {Threei} .05
[08:04] {Threei} felt to me like it was ready to bust than bid and drop to the center of Earth
[08:04] {Threei} wishful thinking that proved to be
[08:04] {Threei} than = that
[08:06] {BillyD} where's your stop on NVDA
[08:07] {Threei} that was question I just asked myself
[08:07] {Threei} I guess I'll trail it to above .10
[08:07] {BillyD} .10
[08:07] {BillyD} lol
[08:07] {Threei} stop looking over my shoulder
[08:08] * Threei sweeps his office for hidden cameras
[08:08] {BillyD} check the cat
[08:08] * Threei send his cat to catscan
[08:08] {BillyD} lol
[08:08] {Threei} (pun intended and admittedly lame)
[08:09] {BillyD} got it
[08:10] {BillyD} my JADE disappointing w/ no follow thru
[08:11] {Threei} NVDA stop to 33.01
[08:11] {Threei} no way I lose money on it
[08:13] {BillyD} odds in your favor of down
[08:13] {Threei} out RMBS balance, obviously oversat this one
[08:13] {BillyD} I wasn't quick enough to short it when large .18 showed up w./ NQ slowly sliding down
[08:18] {Threei} out NVDA .80
[08:19] {Threei} +.25
[08:19] {BillyD} nice...it's stubborn
[08:19] {Threei} most likelyt drops down more
[08:19] {Threei} but I seem to be oversitting them today
[08:20] {BillyD} SCON continues...but this one togh for me
[08:27] {BillyD} seems things slowed
[08:29] {dino} inin hl sa .80, stop .11
[08:30] {dino} hmmm, that was fast
[08:31] {dino} core
[08:35] {Threei} LOCM...
[08:38] {bruce} rrgb vad?
[08:41] {Roman} out CPSL
[08:41] {Roman} cover QQQQ
[08:42] {Threei} I like bruce
[08:43] {Threei} just would like help by NQ
[08:43] {Threei} small shares
[08:43] {Threei} it's on a thin side
[08:43] {bruce} yes see that- fairly big spread too
[08:46] {BillyD} are traders waiting on the Fed Beige book at 2pm EST ?
[08:50] {Threei} try to offer it above .50 bruce
[08:50] {Threei} above .30, sorry
[08:52] {bruce} missed entry
[08:52] {bruce} was hoping to see activity about .20
[08:52] {bruce} but skipped ritgh over that
[08:53] {Threei} too thin to trade it like that
[08:53] {bruce} guess so - that was last high so I figred there wouldbe some action
[08:53] {bruce} needed to enter about .15 - 18 I guess
[08:54] {Threei} yes
[08:56] {Threei} feels like upward from here
[08:57] {Threei} let's try half lot NVDA long .85
[08:57] {Threei} stop under .70
[09:01] {Threei} stop to .73
[09:04] {Threei} upward it is
[09:05] {Threei} come on NVDA, break 33
[09:05] {Threei} if uncomfortable, feel free to take profit right under
[09:06] {BillyD} not in here
[09:06] {Threei} suuure... let me suffer alone
[09:06] {BillyD} actually stepped away...and could have entered on PB
[09:07] {BillyD} didn't have faith in mkt cont upward
[09:08] {Threei} beauty
[09:08] {Threei} me out
[09:08] {Threei} +.20
[09:08] {BillyD} gj
[09:11] {dino} out mrvlk +.24
[09:11] {dino} mrvl
[09:11] {Threei} :)
[09:12] {BillyD} in some JADE 3
[09:15] {BillyD} QLTI....take a look Vad
[09:16] {dino} apei
[09:17] {Threei} hard to tell QLTI
[09:17] {BillyD} a bit overextended on daily
[09:17] {BillyD} w/ flatline tendecies
[09:18] {BillyD} and 5 resistance area
[09:19] {bruce} any thoughts efii vad?
[09:21] {Threei} 23 - 23.10 range
[09:21] {Threei} break is valid play
[09:22] {Threei} keep it to half lot
[09:22] {bruce} k saw spike on last run to .1 so wondering if valid or likely done
[09:23] {bruce} in
[09:31] {Threei} market in deep coma
[09:31] {BillyD} ETFC might be getting interesting...I know u don't like Vad
[09:32] {Threei} who doesn't like Vad?
[09:32] {Threei} are there really such people?
[09:32] {Threei} qait... about 6 billions
[09:33] {BillyD} nah....not possible
[09:33] {Threei} 7?
[09:35] {bruce} stopped efii
[09:40] {esemde} see you all tomorrow
[09:40] {Threei} take care ese
[09:40] {esemde} tks for your help today vad...
[09:41] {Threei} I gave any?
[09:41] {esemde} SPLS...
[09:41] {Threei} you mean I was actually here when I typed all my incoherent nonsense?
[09:41] {BillyD} see....people like you Vad
[09:42] {Threei} hard to believe that billy...
[09:44] {BillyD} Vad....u ever use auto stop order w/ Laser
[09:48] {Threei} nope
[09:48] {dino} ppco
[09:51] {Threei} no news
[10:03] {BillyD} QLTI is interssting
[10:26] {dino} wynn hl l .05
[10:31] {Threei} getting interested in RMBS round 2, .21 long
[10:32] {Threei} watching where the support forms
[10:32] {Threei} if it does
[10:32] {BillyD} want more torture eh
[10:32] {Threei} I don't see anything of a fast variety
[10:33] {BillyD} no....I am hostage to JADE
[10:33] {BillyD} may bail to get out of jail
[10:34] {Threei} be thankful you never bought into ETFC
[10:34] {BillyD} I was waiting for the .45 area
[10:35] {BillyD} yeah...glad not aggressive on it
[10:40] {Threei} NQ forms breakout chart...
[10:40] {BillyD} C& H
[10:40] {Threei} don't know how to take it having beige book in 22 min
[10:41] {BillyD} good pt
[10:42] {dino} cov btrx .35, +.25
[10:42] {BillyD} gj
[10:43] {dptl} f...ing internet missed half a day
[10:43] {BillyD} NVDA stcuk in a range Vad
[10:43] {Threei} FED'S FISHER SAYS FED IS AWARE OF INFLATIONARY PRESSURES; HIGHER CREDIT COSTS MAY CURB ECONOMIC GROWTH
[10:43] {Threei} - says does not see recession on the horizon
[10:43] {BillyD} rally
[10:44] {dino} conn
[10:44] {Threei} qwhere?
[10:44] {bruce} sorry to hear dp
[10:44] {bruce} not much going on now
[10:44] {Threei} we may rally now though, market was waiting for dp to reconnect
[10:45] {BillyD} sorry Vad....you didn't see my humor
[10:45] {BillyD} lol
[10:45] {dptl} i am not sure about that
[10:45] {Threei} that was humor?
[10:45] {BillyD} it's bad I know
[10:45] {Threei} happy to see that billy... I am not alone in bad humor department
[10:46] {BillyD} my humor use to be ok
[10:46] {Threei} then mine rubbedd off
[10:46] {Threei} sorry about that
[10:47] {BillyD} np
[10:47] {BillyD} u r not alone anymore
[10:47] {Threei} yes, it goes into your good deed list
[10:48] {dino} hl l conn .60
[10:53] {BillyD} out some JADE +.07
[10:54] {Threei} enduring torture pays off
[10:54] {BillyD} good exercise for me
[10:54] {Threei} it's verey easy actually
[10:54] {Threei} fall in coma
[10:55] {Threei} stay numb
[10:55] {BillyD} yup
[10:56] {bruce} is your win/loss ratio affected by time of day vad?
[10:56] {Threei} I decrease my activity midday as a rule
[10:57] {Threei} so no, not really... but it would if I pressed ahead all day
[10:57] {bruce} k
[10:57] {bruce} thats what I fugured
[10:58] {bruce} a lot of people don't trade at all after 11
[10:58] {Threei} well, here is always chance of a news play
[10:58] {Threei} or some other reason for atcivity
[10:58] {Threei} so it's not like I withdraw completely
[10:58] {Threei} but I aam much more picky
[10:59] {Threei} it would take more for a stock to lure me in
[10:59] {BillyD} u just play hard to get then
[10:59] {Threei} marginal setup that I may take at 10 I will ingore at 12
[10:59] {Threei} right
[10:59] {BillyD} that is the best way to play it imo
[11:00] {bruce} biggest moves are usually in am
[11:00] {BillyD} people usually full of enrgy first thing
[11:01] {bruce} but there seems to be a lot of major selloffs during lunch time over last few months
[11:01] {Threei} 2 min till Beige bunch of nonsense
[11:02] {Threei} *FED'S BEIGE BOOK: ECONOMY EXPANDING AT SLOWER PACE
[11:02] {Threei} wow
[11:03] {Threei} I am impressed by the depth of insight
[11:04] {BillyD} out more Jadew
[11:05] {BillyD} out rest
[11:05] {Threei} - Retail spending is relatively soft, retailers expect slow holiday season
[11:05] {Threei} - Manufacturers mixed across districts, glut of home putting pressure on prices and construction, business loans high, lending tight on consumer loans, mortgage delinquincies rose significantly
[11:05] {Threei} - Price pressures moderate outside of food and energy
[11:05] {Threei} - Exports are bright spot due to weaker USD
[11:05] {Threei} - Chicago sees higher steel production due to less competition because of the weaker USD
[11:06] {Threei} and market was waiting for this to come out?
[11:06] {BillyD} beat a ded horse
[11:06] {BillyD} dead
[11:13] {lumdus} nvls setting up
[11:14] {Threei} 27 break?
[11:15] {Threei} RMBS too is about to trigger - for those who like being tortured
[11:15] {Threei} .120 support
[11:15] {Threei} .10
[11:21] {Threei} FED'S FISHER: TOO SOON TO TELL IF RATE CUTS WENT FAR ENOUGH
[11:21] {Threei} - Fed decisions to be based on incoming data
[11:21] {Threei} - says right now markets are still brittle, but the Fed will not be bullied by markets
[11:21] {Threei} -says unsure if inflation rate will decelerate; biggest inflation threats are energy and food prices
[11:21] {dino} out conn .84, +.24
[11:32] {Threei} wow... haven't seen market that flat in a while
[11:46] {BillyD} maybe look for some shorts if mkt continues to drift down
[11:47] {Threei} well NVDA and BRCM are obvious candidates, they repeat NQ formation
[11:48] {Threei} it's that I don't have rel;iable read on NQ
[11:48] {BillyD} it seems small support levels all the way down
[11:51] {Threei} there is just no "stream" of activity
[11:51] {Threei} there is a trickle
[11:51] {Threei} drop here drop there
[11:51] {Threei} it's not a foundation for a read
[11:51] {Threei} see this spike?
[11:51] {Threei} was there anything to read it?
[11:51] {BillyD} yes
[11:52] {BillyD} is vol low for NQ
[11:52] {Threei} and both NVDA and BRCM reacted accordingly
[11:52] {BillyD} it was like that yesterday to
[11:53] {BillyD} the spikes from nowhere
[11:53] {Threei} don't fool yourself, it's simply "no action because no reason for action" situation
[11:53] {Threei} it's not that we are unable to find it - it's simply not there
[11:53] {Threei} fals "work ethics" push us to do something in such situations
[11:53] {BillyD} I feel better now
[11:54] {Threei} false
[11:55] {BillyD} and we are up 316
[11:55] {Threei} if you put me me in the corner and demand at gunpoint to pick direction - I would pick up
[11:56] {BillyD} I would never do that to you...sounds harsh
[11:56] {BillyD} lol
[11:56] {Threei} with cannon at my temple I could even enter :)
[11:56] * BillyD sends dirty harry to Vad's house
[11:57] * Threei put Yuri the Kneecapshooter and Ivan the Enforcer to guard the door
[11:57] {BillyD} rflol
[11:59] {Threei} just to keep you all from falling asleep
[12:00] {Threei} why would I pick up rather than down?
[12:00] {Threei} anyone, wild guess? or educated one?
[12:00] * Threei slaps LaserDave1 around a bit with a large trout
[12:00] {BillyD} because crowd mindset is up
[12:00] {BillyD} trend
[12:00] {Threei} up to this point, yes
[12:01] {Threei} what about this particular moment?
[12:01] {BillyD} held last suupport
[12:02] {BillyD} thru prior resistance
[12:02] {BillyD} now
[12:02] {Threei} being up 320 NYSE, 65 NASDAQ,
[12:02] {Threei} retreating a little from highs,
[12:02] {Threei} having nothing but bleak outlook from feds
[12:03] {Threei} isn't down too obvious?
[12:03] {Threei} having very very dull market after such run,
[12:03] {BillyD} people numb to it
[12:03] {Threei} isn't it's the best illustration to "never short a dull market"?
[12:04] {Threei} if there is any significance to it, this dullness is masking a trap
[12:04] {BillyD} dull markets can come in downtrends as well right
[12:04] {Threei} sure
[12:04] {Threei} but this combination screams down
[12:04] {Threei} and when something is so "in my face", I refuse to take it at face value
[12:05] {BillyD} but the hanging around of it says otherwise?
[12:05] {Threei} that's suckers game
[12:05] {Threei} it suggests higher chance for it to be a trap, and market to stage surprize rally
[12:05] {BillyD} meaning it's hanging around near high areaqs
[12:05] {Threei} now, there may be not any signifcance to this combination,
[12:06] {Threei} and it could be caused by simple loss of orientaion
[12:06] {Threei} and that's why I don't want to press either way
[12:06] {Threei} but if I had to assign any meaning to this situation
[12:06] {Threei} it would be:
[12:07] {Threei} this is a trap for gullible shorters
[12:07] {Threei} and market is going to explode in their face
[12:07] {Threei} faces?
[12:07] {BillyD} quiet before the storm
[12:09] {BillyD} most stocks bifg and small seem to follow broader mkt lately
[12:09] {BillyD} not too many independents
[12:09] {Threei} oh, it's just a phasw
[12:09] {Threei} phase
[12:09] {Threei} no pronpunced manias last week or two, that's all
[12:10] {Threei} we lived through two manias recently, china and solars
[12:10] {Threei} another one is around the corner
[12:10] {BillyD} overall, most not sure whereto go
[12:11] {BillyD} traders that is
[12:11] {Threei} martial arts principle... "not sure what to do - make a step forward"
[12:11] {Threei} :)
[12:11] {BillyD} long vs short
[12:12] {Threei} NVDA is up 20 cents since we decided no ahort
[12:12] {Threei} consider it profit in a sense... money not lost :)
[12:12] {BillyD} ty Vad
[12:12] {BillyD} mkt getting ready
[12:12] {Threei} new highs
[12:14] {Threei} why don't I write a book about this
[12:14] {Threei} wait... I did
[12:14] {BillyD} pg # please
[12:14] {Threei} correction: why don't I read it
[12:14] {Threei} all of them
[12:15] {Threei} entire book is about this
[12:15] {Threei} first one at least
[12:15] {BillyD} minority vs majority
[12:15] {Threei} major idea of tape reading, yes
[12:20] {_liranme} I quit, good evening everybody.
[12:20] {BillyD} bye liranme
[12:20] {_liranme} I had a great first day here with 100% success.
[12:21] {_liranme} Thanks Vad for ATVI, RMBS, and NVDA
[12:21] {BillyD} great to hear
[12:24] {Threei} wow
[12:24] {Threei} nice to hear
[12:25] {BillyD} 2nd person that likes you today
[12:25] {Threei} I am going to mark this day in calendar
[12:25] {BillyD} will RMBS go
[12:26] {BillyD} 4th time up here
[12:26] {Threei} if eats through .20
[12:28] {lumdus} same here vad great day. just need to concentrate too much
[12:29] {Threei} good to hear
[12:29] {Threei} it wasn't very active day, required discipline to stay on a sideline
[12:31] {Threei} and I am glad it cooperated to show the theoretic principles of market read in real time
[12:37] {dino} risky, s tbsi .15 hl
[12:46] {bruce} checking out
[12:46] {bruce} gday all
[12:46] {Threei} take care bruce
[12:46] {bruce} see you in am
[12:46] {BillyD} bye bruce
[12:46] {bruce} thanx vad
[12:47] {bruce} fending off that nasty cold from your former wi\ter peg
[12:47] {bruce} lol
[12:50] {Threei} TBSI works for dino
[12:50] {Threei} perfect action by market
[12:50] {Threei} kill both sides
[12:51] {Threei} up about 15 pointys from the max dullness moment, just enough to shake out everyone,
[12:51] {Threei} all the way back down, just enough to kill overly optimistic
[12:52] {BillyD} you sound happy about this
[12:52] {Threei} of course I am
[12:52] {BillyD} or the cosnsistent cy
[12:52] {Threei} I could read it just about right not be sucked in on any side,
[12:53] {Threei} a bit more volume and pace and I would even be able to benefit
[12:53] {BillyD} right
[12:53] {Threei} but heck... nicely in the black for the day as it is
[12:53] {BillyD} yes
[12:54] {Threei} and on top of all that...
[12:54] {Threei} 2 (two) people liked me today
[12:55] {BillyD} lol
[12:55] {BillyD} I knew it
[12:55] {Threei} make no mistake, this is not daily occurence for me
[12:55] {Threei} as my wife says, "you are right too often to be liked"
[12:55] {BillyD} you need to pay your family more $
[12:55] {Threei} to make them leave?
[12:55] {BillyD} surprise surprise
[12:56] {BillyD} poor woman...bless her soul to put up with you
[12:56] {BillyD} and a know it all cat
[12:56] {Threei} lol
[12:56] {BillyD} lol
[12:57] {dino} cov .91, +.24 tbsi
[12:57] {BillyD} so tell me....who really calls the trades?
[12:57] {BillyD} nice dino
[12:57] {dino} ty billy, under-performed today.
[12:57] {Threei} you would think at my age I should learn not to voice out my opinions about things so people could conrtin ue liking me... but nooooo
[12:58] {Threei} this is overly long weekend dino... lost touch a little :)
[12:58] {BillyD} always tomorrow dino :)
[12:58] {BillyD} look at bounce move now
[12:58] {BillyD} crazy
[12:59] {Threei} this one I couldn't read at all
[12:59] {Threei} that was pure 50/50 to me
[12:59] {Threei} coyuld break 2090 just as easily
[13:01] {dino} yeah you're right 3i. will be better tomorrow
[13:01] {BillyD} thx Vad aand everyone...cya tomorrow
[13:01] {Threei} thank you all
[13:01] {Threei} have a great evening
[13:01] {Threei} see you tomorrow
[13:02] {dino} later all
Session Time: Wed Nov 28 00:00:00 2007
[05:32] {Threei} *OCT DURABLE GOODS: -0.4% V -0.1%E; DURABLES EX-TRANSPORTATION: -0.7% V 0.3%E
[05:32] {Threei} - Prior Ex-Transportation revised from 0.3% to 1.1
[05:33] {BillyD} a simple good morning entry would do :)
[05:33] {Threei} yeah but that would be too common
[05:33] {Threei} I like to create drama entry
[05:33] {Threei} hmm... by posting dyrable goods data... I need to get out more
[05:33] {BillyD} your consistent
[05:39] {BillyD} seeing if JADE gets follow thru today
[05:41] {Threei} nice move on no news
[05:41] {BillyD} yeah....eating nice offers as well
[05:43] {Threei} tough read for me
[05:43] {Threei} looked at it several times, couldn't get a feel
[05:46] {cosmo} MRVL?
[05:49] {dino} gm all
[05:51] {Threei} dino!
[05:51] {Threei} 00:21am [MRVL] Price target cut to $19 from $21 at Goldman
[05:52] {cosmo} hmm
[06:02] {Threei} FED'S KOHN CAN COMPENSATE FOR HIGHER CREDIT COSTS BY LOWERING RATES - Q&A SESSION
[06:02] {Threei} rob peter to pay paul?
[06:03] {cosmo} its a theory
[06:03] {dptl} good morning all
[06:04] {Threei} dp :)
[06:04] {Threei} TIVo SIGNS CARAT TO COMPREHENSIVE AUDIENCE RESEARCH SUBSCRIPTION
[06:09] {Threei} BIDZ HEARING DEFENDED AT CRAIG HALLUM
[06:10] {Threei} "Jeez, let me out" is a weak defense I'd say
[06:12] {bruce} morning all
[06:12] {Threei} bruce :)
[06:13] {bruce} hi vad
[06:15] {Threei} BIDZ formed breakout pattern on chart with .40 trigger... honestly I am not too jazzed about it
[06:17] {BillyD} because of its nature?
[06:17] {Threei} there is a hot conroversy around it right now
[06:17] {Threei} kind of battle I don't want to participate in until the air clears
[06:17] {esemde} good morning.....
[06:17] {Threei} ese :)
[06:17] {BillyD} ok...thx
[06:17] {BillyD} morn ese
[06:18] {esemde} morning vad, billy
[06:18] {Threei} for canucks who don't watch CAD real time... it flirted with par overnight,
[06:19] {Threei} slightly retreated
[06:19] {Threei} I doubt we will see those blessed 1.50 - 1.60 levels in our lifetime, but I'd be grateful even for 1.10
[06:20] {BillyD} never say never
[06:20] {Threei} recent .90 is plain brutal
[06:23] {BillyD} Vad....you take a hit on the conversion in trading
[06:23] {Threei} "hit" is understatement of the century
[06:23] {Threei} from 1.50 for each buck made to .90?
[06:23] {BillyD} ouch
[06:24] {BillyD} sorry to hear
[06:24] {Threei} oh well... when the wheel rotates faster, what a ferret to do :)
[06:24] {BillyD} lol
[06:25] {BillyD} good attitude
[06:31] {Threei} welcome aboard lumdus
[06:31] {BillyD} welcome lumdus
[06:31] {lumdus} thank you
[06:32] {esemde} bstop SPLS 22.96
[06:32] {Threei} no obvious plays at the open
[06:32] {Threei} SPLS, I'da rather try entry on the retreat ese
[06:32] {Threei} 22.40 support
[06:32] {esemde} ok
[06:33] {BillyD} Vad...not a fan of EFTC
[06:33] {BillyD} ETFC
[06:33] {Threei} try to get it on first sign of strength
[06:33] {Threei} .61 let's say
[06:33] {esemde} was thinking just over .60
[06:33] {Threei} :)
[06:33] {Threei} BIDZ, .40 buyer wishes he never heard of this stock
[06:34] {dino} sm wynn l .00
[06:34] {Threei} ETFC is another one of "battle I don't want to take on" billy
[06:34] {BillyD} ok
[06:35] {Threei} bankruptsy or buyout, which happens first, at what price, when... let them guess and gamble
[06:35] {bruce} nvda spike
[06:35] {esemde} quotes have stopped.....whats goin on?
[06:35] {BillyD} ok here
[06:35] {Threei} .73 .74 ese
[06:35] {Threei} SPLS
[06:35] {esemde} what Bs it's .74
[06:35] {Threei} never got your entry?
[06:36] {esemde} my screen froze
[06:36] {BillyD} in JADE .13
[06:36] {BillyD} partial fill
[06:36] {esemde} what a load of........
[06:36] {esemde} will look at the bstop again
[06:36] {dino} wynnstopped -.50
[06:36] {Threei} don't want to harp ese... but you know what I have to say about it...
[06:37] {Threei} wow JADE... you are playing it like violin Billy
[06:37] {BillyD} out +.16
[06:37] {esemde} nope screen froze again......will see you all in a few minutes
[06:38] {dino} wynn rinsed
[06:39] {Threei} SOHU is getting ahead of itself
[06:39] {Threei} probably your client dino
[06:40] {dino} ty
[06:41] {Threei} ATVI
[06:41] {BillyD} just noticing
[06:41] {Threei} .60 long if stays above .45
[06:43] {Threei} if loses it, looking for long of .20 or so
[06:43] {esemde} am back....
[06:43] {Threei} lost
[06:44] {dino} risky, s sohu .50 hl
[06:44] {BillyD} ATVI held .40 area ok
[06:44] {Threei} holding better than expected ATVI
[06:45] {Threei} let's try .50 break
[06:45] {dino} stop is .87, fwiw sohu
[06:45] {Threei} .35 stop
[06:46] {Threei} mildly aggressive
[06:47] {Threei} break that wall ATVI
[06:47] {BillyD} yes
[06:47] {Threei} good boy, now go
[06:48] {Threei} 1:1
[06:48] {Threei} half out .70
[06:48] {Threei} scalpers know the drill
[06:48] {dino} stopped sohu, -.38
[06:49] {BillyD} new stop Vad?
[06:49] {Threei} .49
[06:49] {BillyD} got it
[06:50] {esemde} long NTAP
[06:50] {esemde} .7171
[06:50] {esemde} thats just .71 small
[06:51] {Threei} nice two day's break NTAP
[06:51] {Threei} .55 stop ese?
[06:51] {esemde} yes
[06:51] {Threei} ATVI stop to .54
[06:52] {Threei} DIVX
[06:53] {Threei} tough one...
[06:53] * Threei kicks ATVI in the rear
[06:54] {dino} tbsi hl l .00
[06:54] {BillyD} out rest +.38 thx Vad
[06:54] {Threei} welcome sir
[06:54] {Threei} out 1/4 more ATVI .92
[06:54] {Threei} +.40
[06:55] {Threei} last portion is for spike over 23
[06:55] {Threei} or .85 stop
[06:55] {esemde} out.....don't know what price mid .80's i thinkl...quotes have stopped again
[06:55] {Threei} it's at .86 ese
[06:56] {esemde} tks
[06:56] {Threei} just dove under .80
[06:56] {esemde} ok...got .87 +.16....
[06:57] {esemde} no more trading today....we gotum computor problems....
[06:57] {Threei} sorry :(
[06:57] {esemde} hmm don't know whats going on.......
[06:58] {BillyD} spyware or virus
[06:58] {Threei} good out ese
[06:58] {BillyD} maybe
[06:58] {Threei} it's under .70
[06:59] {esemde} yes bs luck......quote connection box went yellow instead of green so i fired in a fast sell order
[07:00] {dino} gj ese
[07:00] {esemde} anyone else using Questrade?
[07:00] {esemde} dp?
[07:00] {Threei} it's been nice knowing you ATVI
[07:00] {BillyD} Laser here ese
[07:00] {BillyD} a good one Vad
[07:01] {Threei} NVLS
[07:01] {Threei} .95 long
[07:01] {Threei} if stays above .80
[07:02] {Threei} keep an eye on NQ for this one
[07:02] {Threei} don't buy it if triggers while NQ drops
[07:02] {BillyD} it dropped
[07:02] {Threei} *OCT EXISTING HOME SALES: 4.97M V 5.0ME
[07:03] {Threei} HOKU?
[07:03] {Threei} ETFC
[07:03] {Threei} HEARING RENEWED CHATTER BUFFETT IS TAKING STAKE IN CO.- Note that the WSJ's Deal Journal report highlights potential pitfalls to any deal
[07:03] {dino} out tbsi .44, +.44
[07:03] {Threei} sigh
[07:04] {Threei} wtg dino
[07:04] {dino} ty
[07:06] {Threei} NVLS is valid, same setup, same condition
[07:06] {esemde} am still long my 100 shs CSIQ at 14.50 though
[07:06] {BillyD} NQ tinker down again
[07:06] {dino} risky, hl l bidz .65, stop .33
[07:06] {esemde} it's making a move toward todays high at 15.50
[07:06] {Threei} SCON buyers
[07:07] {esemde} yes indeed it is
[07:07] {dino} stopped, hmmmm
[07:08] {esemde} should have been it has
[07:08] {Threei} BIDZ is on my stay away for now list dino
[07:09] {dino} pretty beat up
[07:09] {dino} another rinse job, looks like
[07:09] {Roman} long URRE small
[07:09] {dino} or not
[07:09] {Threei} too much arguing around it right now
[07:10] {Roman} 11.32 small
[07:10] {Threei} want to let the dust settle
[07:10] {dino} i'll wait way lower
[07:11] {Threei} RMBS
[07:11] {Threei} 19.01 long
[07:12] {Threei} if stays above .80
[07:12] {Threei} if treiggers from here, stop .85
[07:13] {Threei} lost interest in NVLS breakout
[07:13] {BillyD} vol low for RMBS from memory
[07:15] {bruce} out ebay + .45
[07:15] {Threei} SMSI
[07:15] {BillyD} nice bruce
[07:15] {Threei} half lot short .48
[07:15] {bruce} \thanx billy
[07:15] {Threei} stop above .61
[07:16] {BillyD} good spot Vad
[07:16] {BillyD} in .46
[07:16] {Threei} missed your entry bruce... good one
[07:17] {dino} vrgy s hl .15
[07:17] {dino} stop .53
[07:18] {bruce} thanx vad .42 on pause
[07:19] {dino} gj bruce
[07:19] {bruce} thanx dino
[07:22] {Threei} roman, any clue on SCON?
[07:22] {dino} vrgy stopped, taking a break
[07:24] {Threei} let's tighten SMSI to .56 billy
[07:24] {BillyD} k
[07:25] {Roman} no reed on SCON vad
[07:25] {BillyD} RMBS still?
[07:25] {Roman} but CSIQ looks interest
[07:25] {Threei} ty
[07:25] {Threei} sure, RMBS is as valid as ever
[07:26] {Threei} let's dance RMBS
[07:26] {Threei} don't be a party pooper
[07:26] {Threei} out SMSI
[07:26] {BillyD} out smsi ...in RMBS
[07:27] {Roman} long CPSL
[07:28] {Roman} full size
[07:28] {dino} vrgy rinse job too, sheesh
[07:29] {BillyD} dino...u have Vad's TTR book
[07:29] {dino} yes
[07:29] {BillyD} pg 142...expanding range mkt
[07:29] {BillyD} he showed us yesterday
[07:29] {BillyD} FYI
[07:29] {dino} ahh
[07:29] {Threei} to be precise... I found it yesterday
[07:29] {Threei} {G}
[07:30] {Roman} long KONG
[07:30] {Roman} 1/3 size
[07:30] {Roman} 4.80
[07:31] {Threei} NQ is ready to bust 75
[07:31] {Threei} done
[07:31] {Threei} come on RMBS, follow
[07:33] {Threei} DOE CRUDE: -400K V -750KE; GASOLINE: +1.4M V +1ME; DISTILLATES: -100K V -1ME; UTILIZATION: 89.4% V 87.6%E
[07:33] {Threei} Crude: -5.3M
[07:33] {Threei} Distillate: +2.6M
[07:33] {Threei} Gasoline: +88
[07:34] {Threei} are we swimming in oil or what
[07:34] {Threei} RMBS stop to .89
[07:34] {cosmo} we float on it, 3i
[07:34] {Threei} not sure I like this stall
[07:34] {BillyD} agree on RMBS
[07:34] {Roman} XFML
[07:34] {Roman} long
[07:35] {Threei} should have broken .10 more easily on last NQ spike
[07:35] {BillyD} took some off here
[07:35] {BillyD} .09
[07:35] {Threei} probably a good idea
[07:36] {BillyD} hate to do it as I am trying to hold faithfully
[07:36] {BillyD} but my goodness
[07:37] {BillyD} noe RMBS
[07:37] {BillyD} now
[07:38] {Threei} NVDA demonstrates happiness and perkiness today
[07:38] {Threei} somehow it escaped my attention on .50 breakout
[07:38] {lumdus} i missed the call on rmbs - what was it ?
[07:39] {Threei} 19 lumdus
[07:39] {BillyD} if RMBS can't do it here....be a sign
[07:39] {Threei} 18.84 original stop, .89 now
[07:39] {lumdus} tx .. need to pay more attention here.
[07:39] {dino} btrx s hl .60 stop .93
[07:40] {Threei} why would you do that... even my cat doesn't pay any attention to me when I forbid it to step on buy button
[07:40] {BillyD} does your cat type?
[07:40] {BillyD} that would explain a lot
[07:40] {Threei} no but it likes my keyboard shortcut
[07:41] {Threei} ah, you are mean
[07:41] {Threei} you dislike my grammar
[07:41] {Threei} and spelling
[07:41] {Threei} I would cry if not for the fact that you are not alone
[07:41] {bruce} ebay continues - exited way too early
[07:41] {BillyD} cat like mindset...hehe
[07:42] {BillyD} humor
[07:42] {BillyD} etc, etc
[07:42] {Threei} RMBS like chinese water torture
[07:42] {BillyD} where you at Vade for 1/2
[07:42] {BillyD} rflol
[07:42] {Threei} want .16 - .17
[07:42] {BillyD} ok...thx
[07:42] {bruce} now if you can just train the cat to do winning trades vad!
[07:42] {Threei} but I am flexible
[07:43] {Threei} trying bruce
[07:43] {Roman} show QQQQ
[07:43] {Roman} short
[07:43] {Roman} 51.22
[07:43] {dino} amln hl l .50, stop .23
[07:43] {Threei} party pooper
[07:43] {BillyD} out little RMBS .15
[07:44] {BillyD} .13
[07:44] {BillyD} chinese torture getting best of me
[07:44] {bruce} my level 2's giving crossed quotes today
[07:44] {Threei} offering .17
[07:45] {Threei} server 2 here bruce, looks fine
[07:45] {BillyD} ?me undercuts Vad at .16
[07:45] {BillyD} lol
[07:45] {bruce} out rmbs
[07:45] {BillyD} can't even post jioke properly
[07:45] {Threei} ah that's how is it going to be?
[07:45] {BillyD} jk :)
[07:45] {Threei} won't announce my exits in advance then!'
[07:46] {BillyD} never even entered order and RMBS backs down
[07:46] {Threei} you scared it
[07:46] {BillyD} my whole 200 shares left
[07:47] {Threei} hmm.. NVDA sells while NQ upticks
[07:47] {Threei} either fluke or it's ready to be shorted
[07:47] {Threei} 32.99 short trigger, half lot
[07:48] {Threei} .30 resistance
[07:48] {Threei} if NQ nosedives, short aggressively
[07:48] {BillyD} k
[07:48] {Threei} no full lot today on it
[07:48] {Threei} it's more volatile than usual
[07:49] {BillyD} not sure I'm up for NVDA
[07:52] {BillyD} pivotsal moment for index
[07:54] {dino} bucy fast fall
[07:55] {Threei} out half RMBS
[07:55] {Threei} I obviously like being tortured...
[07:55] {BillyD} good patience
[07:56] {BillyD} do or die mentality
[07:56] {Threei} it's just coma
[07:56] {Threei} I trade much better if I never wake up
[07:57] {Threei} stop .99
[07:57] {Threei} will trail it to .09 if it breaks .20
[08:01] {BillyD} out rest of RMBS...thx Vad
[08:01] {Threei} welcome
[08:02] {BillyD} your NVDA working nicely
[08:03] {Threei} need one more leg down
[08:03] {Threei} maybe I got too greedy
[08:03] {Threei} it had huge bid at .75 when lost .80
[08:03] {BillyD} u n at .99 or higher
[08:03] {Threei} .05
[08:04] {Threei} felt to me like it was ready to bust than bid and drop to the center of Earth
[08:04] {Threei} wishful thinking that proved to be
[08:04] {Threei} than = that
[08:06] {BillyD} where's your stop on NVDA
[08:07] {Threei} that was question I just asked myself
[08:07] {Threei} I guess I'll trail it to above .10
[08:07] {BillyD} .10
[08:07] {BillyD} lol
[08:07] {Threei} stop looking over my shoulder
[08:08] * Threei sweeps his office for hidden cameras
[08:08] {BillyD} check the cat
[08:08] * Threei send his cat to catscan
[08:08] {BillyD} lol
[08:08] {Threei} (pun intended and admittedly lame)
[08:09] {BillyD} got it
[08:10] {BillyD} my JADE disappointing w/ no follow thru
[08:11] {Threei} NVDA stop to 33.01
[08:11] {Threei} no way I lose money on it
[08:13] {BillyD} odds in your favor of down
[08:13] {Threei} out RMBS balance, obviously oversat this one
[08:13] {BillyD} I wasn't quick enough to short it when large .18 showed up w./ NQ slowly sliding down
[08:18] {Threei} out NVDA .80
[08:19] {Threei} +.25
[08:19] {BillyD} nice...it's stubborn
[08:19] {Threei} most likelyt drops down more
[08:19] {Threei} but I seem to be oversitting them today
[08:20] {BillyD} SCON continues...but this one togh for me
[08:27] {BillyD} seems things slowed
[08:29] {dino} inin hl sa .80, stop .11
[08:30] {dino} hmmm, that was fast
[08:31] {dino} core
[08:35] {Threei} LOCM...
[08:38] {bruce} rrgb vad?
[08:41] {Roman} out CPSL
[08:41] {Roman} cover QQQQ
[08:42] {Threei} I like bruce
[08:43] {Threei} just would like help by NQ
[08:43] {Threei} small shares
[08:43] {Threei} it's on a thin side
[08:43] {bruce} yes see that- fairly big spread too
[08:46] {BillyD} are traders waiting on the Fed Beige book at 2pm EST ?
[08:50] {Threei} try to offer it above .50 bruce
[08:50] {Threei} above .30, sorry
[08:52] {bruce} missed entry
[08:52] {bruce} was hoping to see activity about .20
[08:52] {bruce} but skipped ritgh over that
[08:53] {Threei} too thin to trade it like that
[08:53] {bruce} guess so - that was last high so I figred there wouldbe some action
[08:53] {bruce} needed to enter about .15 - 18 I guess
[08:54] {Threei} yes
[08:56] {Threei} feels like upward from here
[08:57] {Threei} let's try half lot NVDA long .85
[08:57] {Threei} stop under .70
[09:01] {Threei} stop to .73
[09:04] {Threei} upward it is
[09:05] {Threei} come on NVDA, break 33
[09:05] {Threei} if uncomfortable, feel free to take profit right under
[09:06] {BillyD} not in here
[09:06] {Threei} suuure... let me suffer alone
[09:06] {BillyD} actually stepped away...and could have entered on PB
[09:07] {BillyD} didn't have faith in mkt cont upward
[09:08] {Threei} beauty
[09:08] {Threei} me out
[09:08] {Threei} +.20
[09:08] {BillyD} gj
[09:11] {dino} out mrvlk +.24
[09:11] {dino} mrvl
[09:11] {Threei} :)
[09:12] {BillyD} in some JADE 3
[09:15] {BillyD} QLTI....take a look Vad
[09:16] {dino} apei
[09:17] {Threei} hard to tell QLTI
[09:17] {BillyD} a bit overextended on daily
[09:17] {BillyD} w/ flatline tendecies
[09:18] {BillyD} and 5 resistance area
[09:19] {bruce} any thoughts efii vad?
[09:21] {Threei} 23 - 23.10 range
[09:21] {Threei} break is valid play
[09:22] {Threei} keep it to half lot
[09:22] {bruce} k saw spike on last run to .1 so wondering if valid or likely done
[09:23] {bruce} in
[09:31] {Threei} market in deep coma
[09:31] {BillyD} ETFC might be getting interesting...I know u don't like Vad
[09:32] {Threei} who doesn't like Vad?
[09:32] {Threei} are there really such people?
[09:32] {Threei} qait... about 6 billions
[09:33] {BillyD} nah....not possible
[09:33] {Threei} 7?
[09:35] {bruce} stopped efii
[09:40] {esemde} see you all tomorrow
[09:40] {Threei} take care ese
[09:40] {esemde} tks for your help today vad...
[09:41] {Threei} I gave any?
[09:41] {esemde} SPLS...
[09:41] {Threei} you mean I was actually here when I typed all my incoherent nonsense?
[09:41] {BillyD} see....people like you Vad
[09:42] {Threei} hard to believe that billy...
[09:44] {BillyD} Vad....u ever use auto stop order w/ Laser
[09:48] {Threei} nope
[09:48] {dino} ppco
[09:51] {Threei} no news
[10:03] {BillyD} QLTI is interssting
[10:26] {dino} wynn hl l .05
[10:31] {Threei} getting interested in RMBS round 2, .21 long
[10:32] {Threei} watching where the support forms
[10:32] {Threei} if it does
[10:32] {BillyD} want more torture eh
[10:32] {Threei} I don't see anything of a fast variety
[10:33] {BillyD} no....I am hostage to JADE
[10:33] {BillyD} may bail to get out of jail
[10:34] {Threei} be thankful you never bought into ETFC
[10:34] {BillyD} I was waiting for the .45 area
[10:35] {BillyD} yeah...glad not aggressive on it
[10:40] {Threei} NQ forms breakout chart...
[10:40] {BillyD} C& H
[10:40] {Threei} don't know how to take it having beige book in 22 min
[10:41] {BillyD} good pt
[10:42] {dino} cov btrx .35, +.25
[10:42] {BillyD} gj
[10:43] {dptl} f...ing internet missed half a day
[10:43] {BillyD} NVDA stcuk in a range Vad
[10:43] {Threei} FED'S FISHER SAYS FED IS AWARE OF INFLATIONARY PRESSURES; HIGHER CREDIT COSTS MAY CURB ECONOMIC GROWTH
[10:43] {Threei} - says does not see recession on the horizon
[10:43] {BillyD} rally
[10:44] {dino} conn
[10:44] {Threei} qwhere?
[10:44] {bruce} sorry to hear dp
[10:44] {bruce} not much going on now
[10:44] {Threei} we may rally now though, market was waiting for dp to reconnect
[10:45] {BillyD} sorry Vad....you didn't see my humor
[10:45] {BillyD} lol
[10:45] {dptl} i am not sure about that
[10:45] {Threei} that was humor?
[10:45] {BillyD} it's bad I know
[10:45] {Threei} happy to see that billy... I am not alone in bad humor department
[10:46] {BillyD} my humor use to be ok
[10:46] {Threei} then mine rubbedd off
[10:46] {Threei} sorry about that
[10:47] {BillyD} np
[10:47] {BillyD} u r not alone anymore
[10:47] {Threei} yes, it goes into your good deed list
[10:48] {dino} hl l conn .60
[10:53] {BillyD} out some JADE +.07
[10:54] {Threei} enduring torture pays off
[10:54] {BillyD} good exercise for me
[10:54] {Threei} it's verey easy actually
[10:54] {Threei} fall in coma
[10:55] {Threei} stay numb
[10:55] {BillyD} yup
[10:56] {bruce} is your win/loss ratio affected by time of day vad?
[10:56] {Threei} I decrease my activity midday as a rule
[10:57] {Threei} so no, not really... but it would if I pressed ahead all day
[10:57] {bruce} k
[10:57] {bruce} thats what I fugured
[10:58] {bruce} a lot of people don't trade at all after 11
[10:58] {Threei} well, here is always chance of a news play
[10:58] {Threei} or some other reason for atcivity
[10:58] {Threei} so it's not like I withdraw completely
[10:58] {Threei} but I aam much more picky
[10:59] {Threei} it would take more for a stock to lure me in
[10:59] {BillyD} u just play hard to get then
[10:59] {Threei} marginal setup that I may take at 10 I will ingore at 12
[10:59] {Threei} right
[10:59] {BillyD} that is the best way to play it imo
[11:00] {bruce} biggest moves are usually in am
[11:00] {BillyD} people usually full of enrgy first thing
[11:01] {bruce} but there seems to be a lot of major selloffs during lunch time over last few months
[11:01] {Threei} 2 min till Beige bunch of nonsense
[11:02] {Threei} *FED'S BEIGE BOOK: ECONOMY EXPANDING AT SLOWER PACE
[11:02] {Threei} wow
[11:03] {Threei} I am impressed by the depth of insight
[11:04] {BillyD} out more Jadew
[11:05] {BillyD} out rest
[11:05] {Threei} - Retail spending is relatively soft, retailers expect slow holiday season
[11:05] {Threei} - Manufacturers mixed across districts, glut of home putting pressure on prices and construction, business loans high, lending tight on consumer loans, mortgage delinquincies rose significantly
[11:05] {Threei} - Price pressures moderate outside of food and energy
[11:05] {Threei} - Exports are bright spot due to weaker USD
[11:05] {Threei} - Chicago sees higher steel production due to less competition because of the weaker USD
[11:06] {Threei} and market was waiting for this to come out?
[11:06] {BillyD} beat a ded horse
[11:06] {BillyD} dead
[11:13] {lumdus} nvls setting up
[11:14] {Threei} 27 break?
[11:15] {Threei} RMBS too is about to trigger - for those who like being tortured
[11:15] {Threei} .120 support
[11:15] {Threei} .10
[11:21] {Threei} FED'S FISHER: TOO SOON TO TELL IF RATE CUTS WENT FAR ENOUGH
[11:21] {Threei} - Fed decisions to be based on incoming data
[11:21] {Threei} - says right now markets are still brittle, but the Fed will not be bullied by markets
[11:21] {Threei} -says unsure if inflation rate will decelerate; biggest inflation threats are energy and food prices
[11:21] {dino} out conn .84, +.24
[11:32] {Threei} wow... haven't seen market that flat in a while
[11:46] {BillyD} maybe look for some shorts if mkt continues to drift down
[11:47] {Threei} well NVDA and BRCM are obvious candidates, they repeat NQ formation
[11:48] {Threei} it's that I don't have rel;iable read on NQ
[11:48] {BillyD} it seems small support levels all the way down
[11:51] {Threei} there is just no "stream" of activity
[11:51] {Threei} there is a trickle
[11:51] {Threei} drop here drop there
[11:51] {Threei} it's not a foundation for a read
[11:51] {Threei} see this spike?
[11:51] {Threei} was there anything to read it?
[11:51] {BillyD} yes
[11:52] {BillyD} is vol low for NQ
[11:52] {Threei} and both NVDA and BRCM reacted accordingly
[11:52] {BillyD} it was like that yesterday to
[11:53] {BillyD} the spikes from nowhere
[11:53] {Threei} don't fool yourself, it's simply "no action because no reason for action" situation
[11:53] {Threei} it's not that we are unable to find it - it's simply not there
[11:53] {Threei} fals "work ethics" push us to do something in such situations
[11:53] {BillyD} I feel better now
[11:54] {Threei} false
[11:55] {BillyD} and we are up 316
[11:55] {Threei} if you put me me in the corner and demand at gunpoint to pick direction - I would pick up
[11:56] {BillyD} I would never do that to you...sounds harsh
[11:56] {BillyD} lol
[11:56] {Threei} with cannon at my temple I could even enter :)
[11:56] * BillyD sends dirty harry to Vad's house
[11:57] * Threei put Yuri the Kneecapshooter and Ivan the Enforcer to guard the door
[11:57] {BillyD} rflol
[11:59] {Threei} just to keep you all from falling asleep
[12:00] {Threei} why would I pick up rather than down?
[12:00] {Threei} anyone, wild guess? or educated one?
[12:00] * Threei slaps LaserDave1 around a bit with a large trout
[12:00] {BillyD} because crowd mindset is up
[12:00] {BillyD} trend
[12:00] {Threei} up to this point, yes
[12:01] {Threei} what about this particular moment?
[12:01] {BillyD} held last suupport
[12:02] {BillyD} thru prior resistance
[12:02] {BillyD} now
[12:02] {Threei} being up 320 NYSE, 65 NASDAQ,
[12:02] {Threei} retreating a little from highs,
[12:02] {Threei} having nothing but bleak outlook from feds
[12:03] {Threei} isn't down too obvious?
[12:03] {Threei} having very very dull market after such run,
[12:03] {BillyD} people numb to it
[12:03] {Threei} isn't it's the best illustration to "never short a dull market"?
[12:04] {Threei} if there is any significance to it, this dullness is masking a trap
[12:04] {BillyD} dull markets can come in downtrends as well right
[12:04] {Threei} sure
[12:04] {Threei} but this combination screams down
[12:04] {Threei} and when something is so "in my face", I refuse to take it at face value
[12:05] {BillyD} but the hanging around of it says otherwise?
[12:05] {Threei} that's suckers game
[12:05] {Threei} it suggests higher chance for it to be a trap, and market to stage surprize rally
[12:05] {BillyD} meaning it's hanging around near high areaqs
[12:05] {Threei} now, there may be not any signifcance to this combination,
[12:06] {Threei} and it could be caused by simple loss of orientaion
[12:06] {Threei} and that's why I don't want to press either way
[12:06] {Threei} but if I had to assign any meaning to this situation
[12:06] {Threei} it would be:
[12:07] {Threei} this is a trap for gullible shorters
[12:07] {Threei} and market is going to explode in their face
[12:07] {Threei} faces?
[12:07] {BillyD} quiet before the storm
[12:09] {BillyD} most stocks bifg and small seem to follow broader mkt lately
[12:09] {BillyD} not too many independents
[12:09] {Threei} oh, it's just a phasw
[12:09] {Threei} phase
[12:09] {Threei} no pronpunced manias last week or two, that's all
[12:10] {Threei} we lived through two manias recently, china and solars
[12:10] {Threei} another one is around the corner
[12:10] {BillyD} overall, most not sure whereto go
[12:11] {BillyD} traders that is
[12:11] {Threei} martial arts principle... "not sure what to do - make a step forward"
[12:11] {Threei} :)
[12:11] {BillyD} long vs short
[12:12] {Threei} NVDA is up 20 cents since we decided no ahort
[12:12] {Threei} consider it profit in a sense... money not lost :)
[12:12] {BillyD} ty Vad
[12:12] {BillyD} mkt getting ready
[12:12] {Threei} new highs
[12:14] {Threei} why don't I write a book about this
[12:14] {Threei} wait... I did
[12:14] {BillyD} pg # please
[12:14] {Threei} correction: why don't I read it
[12:14] {Threei} all of them
[12:15] {Threei} entire book is about this
[12:15] {Threei} first one at least
[12:15] {BillyD} minority vs majority
[12:15] {Threei} major idea of tape reading, yes
[12:20] {_liranme} I quit, good evening everybody.
[12:20] {BillyD} bye liranme
[12:20] {_liranme} I had a great first day here with 100% success.
[12:21] {_liranme} Thanks Vad for ATVI, RMBS, and NVDA
[12:21] {BillyD} great to hear
[12:24] {Threei} wow
[12:24] {Threei} nice to hear
[12:25] {BillyD} 2nd person that likes you today
[12:25] {Threei} I am going to mark this day in calendar
[12:25] {BillyD} will RMBS go
[12:26] {BillyD} 4th time up here
[12:26] {Threei} if eats through .20
[12:28] {lumdus} same here vad great day. just need to concentrate too much
[12:29] {Threei} good to hear
[12:29] {Threei} it wasn't very active day, required discipline to stay on a sideline
[12:31] {Threei} and I am glad it cooperated to show the theoretic principles of market read in real time
[12:37] {dino} risky, s tbsi .15 hl
[12:46] {bruce} checking out
[12:46] {bruce} gday all
[12:46] {Threei} take care bruce
[12:46] {bruce} see you in am
[12:46] {BillyD} bye bruce
[12:46] {bruce} thanx vad
[12:47] {bruce} fending off that nasty cold from your former wi\ter peg
[12:47] {bruce} lol
[12:50] {Threei} TBSI works for dino
[12:50] {Threei} perfect action by market
[12:50] {Threei} kill both sides
[12:51] {Threei} up about 15 pointys from the max dullness moment, just enough to shake out everyone,
[12:51] {Threei} all the way back down, just enough to kill overly optimistic
[12:52] {BillyD} you sound happy about this
[12:52] {Threei} of course I am
[12:52] {BillyD} or the cosnsistent cy
[12:52] {Threei} I could read it just about right not be sucked in on any side,
[12:53] {Threei} a bit more volume and pace and I would even be able to benefit
[12:53] {BillyD} right
[12:53] {Threei} but heck... nicely in the black for the day as it is
[12:53] {BillyD} yes
[12:54] {Threei} and on top of all that...
[12:54] {Threei} 2 (two) people liked me today
[12:55] {BillyD} lol
[12:55] {BillyD} I knew it
[12:55] {Threei} make no mistake, this is not daily occurence for me
[12:55] {Threei} as my wife says, "you are right too often to be liked"
[12:55] {BillyD} you need to pay your family more $
[12:55] {Threei} to make them leave?
[12:55] {BillyD} surprise surprise
[12:56] {BillyD} poor woman...bless her soul to put up with you
[12:56] {BillyD} and a know it all cat
[12:56] {Threei} lol
[12:56] {BillyD} lol
[12:57] {dino} cov .91, +.24 tbsi
[12:57] {BillyD} so tell me....who really calls the trades?
[12:57] {BillyD} nice dino
[12:57] {dino} ty billy, under-performed today.
[12:57] {Threei} you would think at my age I should learn not to voice out my opinions about things so people could conrtin ue liking me... but nooooo
[12:58] {Threei} this is overly long weekend dino... lost touch a little :)
[12:58] {BillyD} always tomorrow dino :)
[12:58] {BillyD} look at bounce move now
[12:58] {BillyD} crazy
[12:59] {Threei} this one I couldn't read at all
[12:59] {Threei} that was pure 50/50 to me
[12:59] {Threei} coyuld break 2090 just as easily
[13:01] {dino} yeah you're right 3i. will be better tomorrow
[13:01] {BillyD} thx Vad aand everyone...cya tomorrow
[13:01] {Threei} thank you all
[13:01] {Threei} have a great evening
[13:01] {Threei} see you tomorrow
[13:02] {dino} later all
Tuesday, November 27, 2007
November 27, 2007
Session Start: Tue Nov 27 00:00:00 2007
Session Time: Tue Nov 27 00:00:00 2007
[05:31] {Threei} [BIDZ] Bidz.com Has Record Holiday Weekend; Updates Guidance
[05:31] {Threei} - Announced that sales during the Thanksgiving holiday weekend, from Friday to Sunday were up 78% over last year.
[05:31] {Threei} - Guides Q4 R $56-58M v 56Me
[05:31] {Threei} - Guides FY07 Rev $180-182M v $181.3Me
[05:31] {Threei} - Guides FY08 Rev $225-230M v $229.7Me
[05:31] {BillyD} morning Vad
[05:33] {Threei} billy :)
[05:36] {Threei} TIVO: NBC UNIVERSAL CONFIRMS PARTNERSHIP WITH TIVO ON ADVERTISING AND RESEARCH SOLUTIONS- reported by WSJ earlier
[05:58] {cosmo} ATVI: Activision Raises Third Quarter and Fiscal Year 2008 Outlook Marking Record Results for the Company
[05:58] {cosmo} Business Wire (Tue 6:30am)
[05:58] {bruce} morning all
[05:59] {BillyD} morning bruce, cosmo
[05:59] {cosmo} BD:)
[05:59] {Threei} bruce, cosmo :)
[05:59] {cosmo} br, 3i:)
[06:01] {cosmo} ATVI pre mkt high = 20.89 fwiw
[06:01] {bruce} hi billy
[06:05] {dptl} good morning all
[06:05] {Threei} dp :)
[06:06] {cosmo} SPLS (beat est) pre mkt high = 21.84 fwiw
[06:06] {BillyD} dp :)
[06:09] {Threei} my old place of living endures -34 C right now
[06:10] {Threei} it's about -37 F for you metric-challenged
[06:10] {BillyD} 37 below zero?
[06:10] {Threei} yes sir
[06:11] {BillyD} ouch
[06:11] {Threei} exactly
[06:11] {BillyD} scary
[06:11] {bruce} dp
[06:12] {esemde} GM all...
[06:12] {Threei} ese :)
[06:12] {Threei} I gotta paste a quote from yesterday for you
[06:12] {BillyD} lol
[06:12] {esemde} pls do....
[06:12] {Threei} [15:12] {BillyD} Vad...start singing
[06:12] {Threei} [15:12] {Threei} oh you don't want that
[06:12] {Threei} [15:13] {Threei} believe you me
[06:12] {Threei} [15:13] {BillyD} I guess I need to think of your family
[06:12] {Threei} [15:13] {Threei} when I sing people break windows in futile attempt to escape the horror
[06:12] {Threei} [15:14] {BillyD} lol
[06:13] {Threei} [15:15] {Threei} if you ever see ese running for cover, desperately trying to get asylum in another country and complaining to UN about cruel and unusual punishment or torture - you know I sang in his presence
[06:14] {esemde} your assuming i actually know what i'm doing.....
[06:14] {Threei} one of us should...
[06:14] {bruce} ese
[06:15] {esemde} morning bruce
[06:16] {cosmo} ATVI
[06:18] {cosmo} gee... where CAN you seek asylum anymore?
[06:18] {esemde} fickle market....it dumped 200pts on you all yesterday once again.....
[06:20] {Threei} be back in 5
[06:25] {bruce} yep ese - market rises all summer during traditional "flat" period
[06:25] {bruce} then dumps during traditinal christmas rally
[06:25] {bruce} go figure
[06:25] {esemde} ATVI looks good cos got an entry point in mind....
[06:26] {cosmo} it was only a turkey rally, i say
[06:26] {Threei} no pattern work that reliably
[06:26] {BillyD} well bru8ce...anything can and will happen in the mkt.....never fails
[06:26] {Threei} it would be too easy
[06:26] {cosmo} watch the open for a pull back....maybe
[06:27] {cosmo} should hold 20.50
[06:27] {cosmo} must hold...actually
[06:28] {esemde} never ceases to amaze me....some goof just casually mentions that this credit crunch might not be over and at 2:30 BAM....
[06:28] {BillyD} people are nervous
[06:29] {BillyD} and that goof is probably right
[06:29] {cosmo} hmm ... open break
[06:30] {cosmo} should hold 20.70
[06:31] {esemde} that looks like support on pull back
[06:32] {cosmo} support
[06:32] {cosmo} 21 tests
[06:32] {esemde} yep
[06:32] {cosmo} oops
[06:33] {cosmo} not much of a test
[06:33] {esemde} look at that go
[06:33] {Threei} let it pull back or consolidate, IMO
[06:34] {bruce} bidz dump
[06:36] {Threei} .80 support for a stop placement
[06:36] {Threei} worth a try here
[06:37] {Threei} in 21
[06:37] {BillyD} same here
[06:37] {Threei} for scalpers stop .89
[06:39] {Threei} 1:1 was easy... don't know what's next
[06:39] {Threei} 50/50
[06:39] {cosmo} SPLS
[06:39] {Threei} CFO: SMALL BUSINESS UNSETTLED BY ECONOMY, ONLY BUYING WHAT THEY NEED - CONF CALLNotes Black Friday store traffic was 'tremendous'
[06:39] {Threei} that's SPLS
[06:40] {Threei} VRSN
[06:40] {Threei} watching
[06:41] {Threei} half lot play whatever it is
[06:41] {Threei} .68 long if stays above .50
[06:41] {Threei} if loses it, want something like .20
[06:43] {Threei} ATVI 1:2
[06:43] {BillyD} for scalpers 1:2
[06:43] {cosmo} TIVO
[06:44] {cosmo} low vol
[06:44] {Threei} holding better this time VRSN
[06:45] {Threei} setup is back
[06:46] {Threei} invalidated second time
[06:46] {Threei} really don't want to play it with stop under .40
[06:47] {Threei} aggressive entry is possible if NQ shows sharp reversal
[06:48] {Threei} .50 break long, .39 stop
[06:50] {BillyD} looking for break of huigh on VRSN
[06:50] {Roman} JADE continueing
[06:52] {Threei} half out VRSN
[06:53] {Threei} over 1:2
[06:53] {Threei} scalpers know what to do
[06:53] {Threei} beauty of aggressive entry
[06:53] {BillyD} yeah out in full thx
[06:53] {Threei} welcome
[06:53] {Threei} out in full .95
[06:54] {Threei} +.43
[06:54] {Threei} and don't underestimate math skills it took me to compute that
[06:58] {Threei} ORCL .95 long, .79 stop
[06:59] {Threei} if NQ jumps up, grab it aggressively
[07:00] {Threei} triggered
[07:02] {Threei} NOV CONSUMER CONFIDENCE: 87.3 V 91.0E- prior revised to 95.2 from 95.6
[07:02] {Threei} ugh
[07:02] {Threei} *NOV RICHMOND FED MANUFACTURING: 0 V -2E
[07:03] {Threei} EFUT
[07:03] {Threei} WINNING NANJING VEHICLE LOGISTICS SOLUTION PROJECT OF CHANG'AN FORD
[07:09] {BillyD} out ORCL
[07:09] {Threei} yeah, market gets killed
[07:09] {Threei} canadians, see loonie pushing for parity again?
[07:09] {Threei} from another side of the fence this time
[07:12] {BillyD} watching BRCM for short set up
[07:15] {BillyD} in BRCM short .40
[07:16] {Threei} OPEC GULF COUNTRIES CONSIDER 750K BPD OUTPUT HIKE - WIRE CITING OFFICIALS
[07:16] {Threei} - Iraqi Oil Min: Says OPEC may increase its output by 500K BPD at its Dec 5th meeting
[07:19] {BillyD} out BRCM -.17
[07:26] {BillyD} .
[07:26] {Threei} good point
[07:33] {Threei} what a hystreical market
[07:34] {BillyD} crazy
[07:39] {BillyD} the NQ spikes seem to stop you out of what looks to be good setups
[07:39] {Threei} expanding range
[07:40] {BillyD} ?
[07:42] {Threei} TTR page 141
[07:42] {BillyD} roflol
[07:43] {Threei} what... I said everything already, lol
[07:43] {BillyD} the first sentence
[07:43] {BillyD} The expanding range is the worst market ever
[07:44] {BillyD} encountered
[07:44] {Threei} read the description and explanation how it grinds you, you will recognize the action
[07:45] {Threei} dream come true... instead of answering any question I simply name the page... :)
[07:46] {BillyD} so true...so wouldn't playing the moves aggressively near te ranges be better....
[07:46] {Threei} yes... and the worst thing about this kind of day is that it's nearly impossible to recognize early
[07:46] {Threei} intuition may be helpful sometimes... not always
[07:46] {BillyD} it's kind of been this way for a while though
[07:47] {Threei} noticed how I stopped activity at some point?
[07:47] {BillyD} some days more or less than others
[07:47] {BillyD} yes
[07:47] {BillyD} it seems get your scalp and get out
[07:53] {BillyD} VAD..what type of psychological state attributes to this kind of mkt
[07:53] {Threei} maniac-depressive
[07:53] {BillyD} lol
[07:54] {BillyD} people just tweaked
[07:59] {Threei} RIMM 114.50 break should be big long catalyst
[07:59] {Threei} let's see what happens
[07:59] {Threei} not playing it here, just want to watch whether patterns are back in action
[07:59] {BillyD} ok
[07:59] {BillyD} any stocks in mind
[08:00] {Threei} not at the moment
[08:02] {Threei} not too bad RIMM
[08:03] {Threei} BRCM .98 short
[08:03] {Threei} 27.03 stop
[08:03] {Threei} and don't laugh
[08:04] {BillyD} I' not
[08:06] {BillyD} tgt area?
[08:07] {Threei} what is NQ going to do?
[08:07] {BillyD} got it
[08:07] {Threei} :)
[08:08] {Threei} if expanding range pattern holds, drop all the way
[08:08] {Threei} if not, who knows
[08:08] {Threei} stop is just 5 cents, play by the book
[08:09] {Threei} half out
[08:09] {Threei} 1:2
[08:09] {Threei} 27.01 stop
[08:09] {BillyD} same here
[08:09] {Threei} let' it trade or take profit, whatever you fancy
[08:13] {Threei} hmmm... interesting disconnect between NQ and RIMM
[08:14] {BillyD} out some more here
[08:18] {BillyD} out rest ty
[08:18] {Threei} welcome
[08:19] {Chaeron} hi all... sorry I'm late.. :)
[08:19] {Threei} chaeron :)
[08:22] {bruce} hi chaeron
[08:28] {bruce} asia - any read vad?
[08:30] {Threei} not really
[08:30] {bruce} k
[08:31] {bruce} was expecting something like - ttr - page 122 = paragraph 3
[08:31] {Threei} lol
[08:32] {bruce} new training mode
[08:32] {BillyD} I've been keeping my TTR book next to me
[08:32] {bruce} I cuddle with it at night
[08:33] {Threei} uh oh
[08:33] {bruce} lol
[08:34] {Threei} ETFC HEARING BOUTIQUE FIRM SPECULATES E*TRADE COULD BE BOUGHT OUT FOR AROUND $10/SHR
[08:34] {Threei} sigh
[08:37] {bruce} sndk?
[08:38] {Threei} a bit too volatile for my taste... with .40 trigger stop would have to be .10
[08:38] {Threei} if it's tolerable for you, why not
[08:42] {Threei} if you took it, trail stop to .24
[08:46] {bruce} out - got .36 entry and out .5
[08:46] {Threei} scalps r us
[08:47] {bruce} about sums it up
[08:53] {Threei} NVDA long with stop under .50 if NQ shows bounce
[08:54] {Threei} if losing .50 let it be
[08:55] {cosmo} or let it bleed
[09:06] {Threei} LDK seems to be nearing the "drama unfolding" levels
[09:07] {Threei} and all this time it's unavailable for shorting...
[09:11] {Threei} what a trap in the morning BIDZ, eh?
[09:12] {BillyD} since yesterday morning at 20
[09:17] {BillyD} someone throw mud on this mkt
[09:17] {BillyD} like sludge
[09:29] {Threei} EFII
[09:29] {Threei} half lot .40 long
[09:29] {Threei} .29 stop
[09:31] {Threei} FED'S PLOSSER: ECONOMY TO GROW MORE SLOWLY IN COMING MONTHS DESPITE RATE CUT; IF INFLATION PICKS UP, FED MAY NEED TO RAISE RATE
[09:31] {Threei} - repeats Oct cut was largely a risk management move; economic risks not one sided
[09:31] {Threei} - rise in oil, commodities prices suggest significant inflation pressure exist; price expectations are 'more fragile' that 4 months ago; recent
[09:31] {Threei} inflation data has been encouraging
[09:31] {Threei} - says Fed expects economy to rebound by mid 2008 to trend
[09:41] {bruce} nvda broke
[09:44] {Threei} EFII stop to .34
[09:59] {Threei} BIDZ SCHEDULES 4:30PMET CONF CALL TO RESPOND TO A NEGATIVE "RESEARCH REPORT" FROM CITRON RESEARCH YESTERDAY
[10:05] {Threei} no idea what irt means:
[10:05] {Threei} DELL SIMPLIFIES SEARCH WITH GOOG, TO SELL SEARCH APPLIANCES
[10:05] {Threei} minesweepers?
[10:23] {BillyD} any feel for mkt direction here Vad
[10:26] {Threei} pick any
[10:26] {Threei} will be equally valid
[10:26] {Threei} it's just period with no activity at all right now
[10:26] {Threei} it resolves itself into whatever
[10:26] {Threei} up is a little nbit more likely
[10:26] {BillyD} seems so
[10:26] {Threei} but not enough to commit
[10:46] {Threei} market is still locked in tight range
[10:46] {Threei} don't push anything for now
[10:46] {Threei} activity is likely to pick up soon
[10:49] {Threei} ZIXI
[10:49] {Threei} JUSTICE FEDERAL CREDIT UNION SELECTS ZIX CORPORATION FOR EMAIL ENCRYPTION SERVICE
[10:49] {Threei} fluff...
[10:51] {Threei} MLNM .49 short
[10:51] {Threei} just a scalp
[10:53] {Threei} aggressive entry with .61 stop
[10:59] {BillyD} out
[10:59] {Threei} yeah, stronger than market
[10:59] {BillyD} mind of its own
[11:01] {BillyD} JADE
[11:05] {Threei} Feds nonsense on wires again
[11:05] {Threei} FED'S EVANS: OVERLY ACCOMODATIVE POLICY COULD ENDANGER PRICE STABILITY
[11:05] {Threei} - Notes potential US GDP growth now 'slightly above 2.5%", yet 'good deal of uncertainty' in economy, including reduced liquidity as key economic growth risk
[11:05] {Threei} FED OCT DISCOUNT RATE MEETING MINUTES: 6 OF 12 BANKS SAY POSITIVE DATA AND IMPROVING MARKETS
[11:05] {Threei} aand other 6 say negative and deteriorating?
[11:06] {Threei} make your pick
[11:06] {BillyD} no wonder maniac-depressive
[11:10] {Threei} let's see if we get bounce to short into
[11:10] {Threei} feels like down is going to be the theme for the rest of the day
[11:11] {Threei} NVDA, as close to .60 as possible
[11:11] {Threei} BRCM closer to .80
[11:13] {Threei} if no bounce and NQ continues down, NVDA .35 short
[11:13] {Threei} with stop above the high of current bounce
[11:16] {Threei} NVDA keeps its head down
[11:16] {Threei} most likely short candidate
[11:16] {BillyD} BRCM more iffy
[11:16] {Threei} yeah, BRCM follows NQ to the letter while NVDA is weaker
[11:18] {BillyD} right thru it
[11:18] {Threei} NVDA is dancing to the tune
[11:20] {BillyD} sheesh took small scalp on JADE and keeps it going
[11:20] {BillyD} .46 stop on NVDA or .47
[11:21] {Threei} .47
[11:28] {Threei} die already NVDA
[11:28] {BillyD} yeah
[11:29] {BillyD} I added more on bounce into low .40's and cov'd 1/2 .29
[11:30] {BillyD} that blk earlier didn't help
[11:38] {Threei} I parroted you billy
[11:38] {Threei} hope you'll forgive me
[11:39] {Threei} .43 - .31, second lot :)
[11:39] {BillyD} :)
[11:39] {Threei} fiiinally
[11:40] {Threei} covered half of first lot
[11:40] {Threei} sheesh, it's getting complicated
[11:40] {Threei} need calculator
[11:40] {BillyD} out rest here
[11:40] {Threei} ah come on
[11:41] {Threei} sure... leave me alone with this wierdo
[11:41] {BillyD} u r just tougher than me
[11:41] {Threei} no, I am more lazy
[11:41] {Threei} I don't want to be clicking that often
[11:42] {BillyD} it seems the ones I have tried to hold on to, I end up regretting
[11:42] {Threei} (truth be told, I am greedy )
[11:42] {Threei} I can't blame you, on serious note
[11:42] {Threei} market's been whippy today
[11:43] {Threei} it's just that I am having quite nice day with morning plays,
[11:43] {Threei} this one worked nicely with two lots too
[11:43] {BillyD} my situation different than yours I know
[11:43] {Threei} so I have luxury to try and milk it
[11:43] {Threei} yes sir
[11:43] {Threei} never mind my blabbing
[11:43] {BillyD} I have to trade it according to that
[11:44] {BillyD} you say something?
[11:44] {Threei} my feeling is, all htese bounces last 30 min or so is nothing but shakeout attempts
[11:44] {Threei} and we are to see more selling
[11:45] {BillyD} honestly, earlier when Fed made comments and mkt went up I was very surpised
[11:45] {BillyD} hinting towardss no rate cut
[11:45] {Threei} come to papa NVDA
[11:45] {BillyD} very nice
[11:46] {Threei} out
[11:46] {Threei} .03
[11:46] {BillyD} well done
[11:46] {Threei} was it fried to perfection or what
[11:47] {cosmo} ATVI holds21 ...so far
[11:47] {BillyD} we'll see
[11:47] {Threei} I won't
[11:47] {Threei} I take it off screen
[11:47] {BillyD} lol...smart man
[11:47] {Threei} in my mind it was perfect trade even if drops another point :)
[11:47] {Threei} make sure and don't tell me
[11:47] {Threei} (yeah right)
[11:47] {BillyD} that would be mean
[11:48] {Threei} and mean is not what we do here of course
[11:48] {Threei} no sir
[11:48] {Threei} ATVI is suprizingly strong cos...
[11:49] {Threei} hey I peeked... 20 cents bounce NVDA, me happy with my cover
[12:00] {Threei} NQ came into resistance
[12:00] {Threei} watching NVDA for another short
[12:01] {BillyD} how about BRCM
[12:01] {Threei} less willing
[12:01] {BillyD} ok
[12:03] {BillyD} say when
[12:03] {Threei} in
[12:03] {Threei} ugh
[12:03] {Threei} was too fast billy, sorry
[12:04] {BillyD} np
[12:04] {Threei} got .28
[12:04] {Threei} just a scalp
[12:04] {BillyD} have order there
[12:04] {Threei} not counting on much
[12:04] {Threei} out 3/4
[12:05] {BillyD} my NDX bars have gaps of space shoing jumps on these little moves
[12:05] {BillyD} showing
[12:07] {Threei} out in full, losing read here
[12:08] {Threei} feeling is the same, it just becomes a bit too jerky
[12:09] {Threei} notice how BRCM is utterly useless
[12:09] {BillyD} yes
[12:09] {Threei} wouldn't give as much as readable 10 cents
[12:13] {Threei} is it jerky or is it jerky
[12:14] {BillyD} thinking of short but too crazy
[12:14] * Threei sends flowers to his intuition, it works full power today
[12:14] {BillyD} it's almost the only way it seems....intuition
[12:15] {Threei} well... what's inuition if not experience colletcted over years and applied without thinking involved
[12:15] {Threei} "without thinking" is my favorite part
[12:15] {Threei} thinking is too much like work
[12:16] {Threei} and I lost my thinking hat somewhere in bowels of washer
[12:24] {cosmo} Santa wants ATVI
[12:26] {Threei} was a great long off support... sorry I missed it
[12:29] {BillyD} look at that drop down
[12:30] {Threei} it fits into general read I gave earlier... but renders it useless too
[12:31] {bruce} cmtl - risky - any read?
[12:32] {Threei} no... too thin
[12:33] {bruce} k
[12:39] {Threei} whatever it was, I hope traders had fun with it... sheesh
[12:39] {Threei} glad to be on a sideline
[12:40] {BillyD} I ss NVDA at .36 area on the bounce and cov'd at .40 on that spike
[12:41] {BillyD} too crazy
[12:41] {Threei} it's untradeable
[12:41] {BillyD} yeah....I shorted into resistance with small stop
[12:41] {BillyD} worth a try
Session Start: Tue Nov 27 13:23:08 2007
[13:23] *** Now talking in #discussions
[13:23] -admin- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
Session Time: Tue Nov 27 00:00:00 2007
[05:31] {Threei} [BIDZ] Bidz.com Has Record Holiday Weekend; Updates Guidance
[05:31] {Threei} - Announced that sales during the Thanksgiving holiday weekend, from Friday to Sunday were up 78% over last year.
[05:31] {Threei} - Guides Q4 R $56-58M v 56Me
[05:31] {Threei} - Guides FY07 Rev $180-182M v $181.3Me
[05:31] {Threei} - Guides FY08 Rev $225-230M v $229.7Me
[05:31] {BillyD} morning Vad
[05:33] {Threei} billy :)
[05:36] {Threei} TIVO: NBC UNIVERSAL CONFIRMS PARTNERSHIP WITH TIVO ON ADVERTISING AND RESEARCH SOLUTIONS- reported by WSJ earlier
[05:58] {cosmo} ATVI: Activision Raises Third Quarter and Fiscal Year 2008 Outlook Marking Record Results for the Company
[05:58] {cosmo} Business Wire (Tue 6:30am)
[05:58] {bruce} morning all
[05:59] {BillyD} morning bruce, cosmo
[05:59] {cosmo} BD:)
[05:59] {Threei} bruce, cosmo :)
[05:59] {cosmo} br, 3i:)
[06:01] {cosmo} ATVI pre mkt high = 20.89 fwiw
[06:01] {bruce} hi billy
[06:05] {dptl} good morning all
[06:05] {Threei} dp :)
[06:06] {cosmo} SPLS (beat est) pre mkt high = 21.84 fwiw
[06:06] {BillyD} dp :)
[06:09] {Threei} my old place of living endures -34 C right now
[06:10] {Threei} it's about -37 F for you metric-challenged
[06:10] {BillyD} 37 below zero?
[06:10] {Threei} yes sir
[06:11] {BillyD} ouch
[06:11] {Threei} exactly
[06:11] {BillyD} scary
[06:11] {bruce} dp
[06:12] {esemde} GM all...
[06:12] {Threei} ese :)
[06:12] {Threei} I gotta paste a quote from yesterday for you
[06:12] {BillyD} lol
[06:12] {esemde} pls do....
[06:12] {Threei} [15:12] {BillyD} Vad...start singing
[06:12] {Threei} [15:12] {Threei} oh you don't want that
[06:12] {Threei} [15:13] {Threei} believe you me
[06:12] {Threei} [15:13] {BillyD} I guess I need to think of your family
[06:12] {Threei} [15:13] {Threei} when I sing people break windows in futile attempt to escape the horror
[06:12] {Threei} [15:14] {BillyD} lol
[06:13] {Threei} [15:15] {Threei} if you ever see ese running for cover, desperately trying to get asylum in another country and complaining to UN about cruel and unusual punishment or torture - you know I sang in his presence
[06:14] {esemde} your assuming i actually know what i'm doing.....
[06:14] {Threei} one of us should...
[06:14] {bruce} ese
[06:15] {esemde} morning bruce
[06:16] {cosmo} ATVI
[06:18] {cosmo} gee... where CAN you seek asylum anymore?
[06:18] {esemde} fickle market....it dumped 200pts on you all yesterday once again.....
[06:20] {Threei} be back in 5
[06:25] {bruce} yep ese - market rises all summer during traditional "flat" period
[06:25] {bruce} then dumps during traditinal christmas rally
[06:25] {bruce} go figure
[06:25] {esemde} ATVI looks good cos got an entry point in mind....
[06:26] {cosmo} it was only a turkey rally, i say
[06:26] {Threei} no pattern work that reliably
[06:26] {BillyD} well bru8ce...anything can and will happen in the mkt.....never fails
[06:26] {Threei} it would be too easy
[06:26] {cosmo} watch the open for a pull back....maybe
[06:27] {cosmo} should hold 20.50
[06:27] {cosmo} must hold...actually
[06:28] {esemde} never ceases to amaze me....some goof just casually mentions that this credit crunch might not be over and at 2:30 BAM....
[06:28] {BillyD} people are nervous
[06:29] {BillyD} and that goof is probably right
[06:29] {cosmo} hmm ... open break
[06:30] {cosmo} should hold 20.70
[06:31] {esemde} that looks like support on pull back
[06:32] {cosmo} support
[06:32] {cosmo} 21 tests
[06:32] {esemde} yep
[06:32] {cosmo} oops
[06:33] {cosmo} not much of a test
[06:33] {esemde} look at that go
[06:33] {Threei} let it pull back or consolidate, IMO
[06:34] {bruce} bidz dump
[06:36] {Threei} .80 support for a stop placement
[06:36] {Threei} worth a try here
[06:37] {Threei} in 21
[06:37] {BillyD} same here
[06:37] {Threei} for scalpers stop .89
[06:39] {Threei} 1:1 was easy... don't know what's next
[06:39] {Threei} 50/50
[06:39] {cosmo} SPLS
[06:39] {Threei} CFO: SMALL BUSINESS UNSETTLED BY ECONOMY, ONLY BUYING WHAT THEY NEED - CONF CALLNotes Black Friday store traffic was 'tremendous'
[06:39] {Threei} that's SPLS
[06:40] {Threei} VRSN
[06:40] {Threei} watching
[06:41] {Threei} half lot play whatever it is
[06:41] {Threei} .68 long if stays above .50
[06:41] {Threei} if loses it, want something like .20
[06:43] {Threei} ATVI 1:2
[06:43] {BillyD} for scalpers 1:2
[06:43] {cosmo} TIVO
[06:44] {cosmo} low vol
[06:44] {Threei} holding better this time VRSN
[06:45] {Threei} setup is back
[06:46] {Threei} invalidated second time
[06:46] {Threei} really don't want to play it with stop under .40
[06:47] {Threei} aggressive entry is possible if NQ shows sharp reversal
[06:48] {Threei} .50 break long, .39 stop
[06:50] {BillyD} looking for break of huigh on VRSN
[06:50] {Roman} JADE continueing
[06:52] {Threei} half out VRSN
[06:53] {Threei} over 1:2
[06:53] {Threei} scalpers know what to do
[06:53] {Threei} beauty of aggressive entry
[06:53] {BillyD} yeah out in full thx
[06:53] {Threei} welcome
[06:53] {Threei} out in full .95
[06:54] {Threei} +.43
[06:54] {Threei} and don't underestimate math skills it took me to compute that
[06:58] {Threei} ORCL .95 long, .79 stop
[06:59] {Threei} if NQ jumps up, grab it aggressively
[07:00] {Threei} triggered
[07:02] {Threei} NOV CONSUMER CONFIDENCE: 87.3 V 91.0E- prior revised to 95.2 from 95.6
[07:02] {Threei} ugh
[07:02] {Threei} *NOV RICHMOND FED MANUFACTURING: 0 V -2E
[07:03] {Threei} EFUT
[07:03] {Threei} WINNING NANJING VEHICLE LOGISTICS SOLUTION PROJECT OF CHANG'AN FORD
[07:09] {BillyD} out ORCL
[07:09] {Threei} yeah, market gets killed
[07:09] {Threei} canadians, see loonie pushing for parity again?
[07:09] {Threei} from another side of the fence this time
[07:12] {BillyD} watching BRCM for short set up
[07:15] {BillyD} in BRCM short .40
[07:16] {Threei} OPEC GULF COUNTRIES CONSIDER 750K BPD OUTPUT HIKE - WIRE CITING OFFICIALS
[07:16] {Threei} - Iraqi Oil Min: Says OPEC may increase its output by 500K BPD at its Dec 5th meeting
[07:19] {BillyD} out BRCM -.17
[07:26] {BillyD} .
[07:26] {Threei} good point
[07:33] {Threei} what a hystreical market
[07:34] {BillyD} crazy
[07:39] {BillyD} the NQ spikes seem to stop you out of what looks to be good setups
[07:39] {Threei} expanding range
[07:40] {BillyD} ?
[07:42] {Threei} TTR page 141
[07:42] {BillyD} roflol
[07:43] {Threei} what... I said everything already, lol
[07:43] {BillyD} the first sentence
[07:43] {BillyD} The expanding range is the worst market ever
[07:44] {BillyD} encountered
[07:44] {Threei} read the description and explanation how it grinds you, you will recognize the action
[07:45] {Threei} dream come true... instead of answering any question I simply name the page... :)
[07:46] {BillyD} so true...so wouldn't playing the moves aggressively near te ranges be better....
[07:46] {Threei} yes... and the worst thing about this kind of day is that it's nearly impossible to recognize early
[07:46] {Threei} intuition may be helpful sometimes... not always
[07:46] {BillyD} it's kind of been this way for a while though
[07:47] {Threei} noticed how I stopped activity at some point?
[07:47] {BillyD} some days more or less than others
[07:47] {BillyD} yes
[07:47] {BillyD} it seems get your scalp and get out
[07:53] {BillyD} VAD..what type of psychological state attributes to this kind of mkt
[07:53] {Threei} maniac-depressive
[07:53] {BillyD} lol
[07:54] {BillyD} people just tweaked
[07:59] {Threei} RIMM 114.50 break should be big long catalyst
[07:59] {Threei} let's see what happens
[07:59] {Threei} not playing it here, just want to watch whether patterns are back in action
[07:59] {BillyD} ok
[07:59] {BillyD} any stocks in mind
[08:00] {Threei} not at the moment
[08:02] {Threei} not too bad RIMM
[08:03] {Threei} BRCM .98 short
[08:03] {Threei} 27.03 stop
[08:03] {Threei} and don't laugh
[08:04] {BillyD} I' not
[08:06] {BillyD} tgt area?
[08:07] {Threei} what is NQ going to do?
[08:07] {BillyD} got it
[08:07] {Threei} :)
[08:08] {Threei} if expanding range pattern holds, drop all the way
[08:08] {Threei} if not, who knows
[08:08] {Threei} stop is just 5 cents, play by the book
[08:09] {Threei} half out
[08:09] {Threei} 1:2
[08:09] {Threei} 27.01 stop
[08:09] {BillyD} same here
[08:09] {Threei} let' it trade or take profit, whatever you fancy
[08:13] {Threei} hmmm... interesting disconnect between NQ and RIMM
[08:14] {BillyD} out some more here
[08:18] {BillyD} out rest ty
[08:18] {Threei} welcome
[08:19] {Chaeron} hi all... sorry I'm late.. :)
[08:19] {Threei} chaeron :)
[08:22] {bruce} hi chaeron
[08:28] {bruce} asia - any read vad?
[08:30] {Threei} not really
[08:30] {bruce} k
[08:31] {bruce} was expecting something like - ttr - page 122 = paragraph 3
[08:31] {Threei} lol
[08:32] {bruce} new training mode
[08:32] {BillyD} I've been keeping my TTR book next to me
[08:32] {bruce} I cuddle with it at night
[08:33] {Threei} uh oh
[08:33] {bruce} lol
[08:34] {Threei} ETFC HEARING BOUTIQUE FIRM SPECULATES E*TRADE COULD BE BOUGHT OUT FOR AROUND $10/SHR
[08:34] {Threei} sigh
[08:37] {bruce} sndk?
[08:38] {Threei} a bit too volatile for my taste... with .40 trigger stop would have to be .10
[08:38] {Threei} if it's tolerable for you, why not
[08:42] {Threei} if you took it, trail stop to .24
[08:46] {bruce} out - got .36 entry and out .5
[08:46] {Threei} scalps r us
[08:47] {bruce} about sums it up
[08:53] {Threei} NVDA long with stop under .50 if NQ shows bounce
[08:54] {Threei} if losing .50 let it be
[08:55] {cosmo} or let it bleed
[09:06] {Threei} LDK seems to be nearing the "drama unfolding" levels
[09:07] {Threei} and all this time it's unavailable for shorting...
[09:11] {Threei} what a trap in the morning BIDZ, eh?
[09:12] {BillyD} since yesterday morning at 20
[09:17] {BillyD} someone throw mud on this mkt
[09:17] {BillyD} like sludge
[09:29] {Threei} EFII
[09:29] {Threei} half lot .40 long
[09:29] {Threei} .29 stop
[09:31] {Threei} FED'S PLOSSER: ECONOMY TO GROW MORE SLOWLY IN COMING MONTHS DESPITE RATE CUT; IF INFLATION PICKS UP, FED MAY NEED TO RAISE RATE
[09:31] {Threei} - repeats Oct cut was largely a risk management move; economic risks not one sided
[09:31] {Threei} - rise in oil, commodities prices suggest significant inflation pressure exist; price expectations are 'more fragile' that 4 months ago; recent
[09:31] {Threei} inflation data has been encouraging
[09:31] {Threei} - says Fed expects economy to rebound by mid 2008 to trend
[09:41] {bruce} nvda broke
[09:44] {Threei} EFII stop to .34
[09:59] {Threei} BIDZ SCHEDULES 4:30PMET CONF CALL TO RESPOND TO A NEGATIVE "RESEARCH REPORT" FROM CITRON RESEARCH YESTERDAY
[10:05] {Threei} no idea what irt means:
[10:05] {Threei} DELL SIMPLIFIES SEARCH WITH GOOG, TO SELL SEARCH APPLIANCES
[10:05] {Threei} minesweepers?
[10:23] {BillyD} any feel for mkt direction here Vad
[10:26] {Threei} pick any
[10:26] {Threei} will be equally valid
[10:26] {Threei} it's just period with no activity at all right now
[10:26] {Threei} it resolves itself into whatever
[10:26] {Threei} up is a little nbit more likely
[10:26] {BillyD} seems so
[10:26] {Threei} but not enough to commit
[10:46] {Threei} market is still locked in tight range
[10:46] {Threei} don't push anything for now
[10:46] {Threei} activity is likely to pick up soon
[10:49] {Threei} ZIXI
[10:49] {Threei} JUSTICE FEDERAL CREDIT UNION SELECTS ZIX CORPORATION FOR EMAIL ENCRYPTION SERVICE
[10:49] {Threei} fluff...
[10:51] {Threei} MLNM .49 short
[10:51] {Threei} just a scalp
[10:53] {Threei} aggressive entry with .61 stop
[10:59] {BillyD} out
[10:59] {Threei} yeah, stronger than market
[10:59] {BillyD} mind of its own
[11:01] {BillyD} JADE
[11:05] {Threei} Feds nonsense on wires again
[11:05] {Threei} FED'S EVANS: OVERLY ACCOMODATIVE POLICY COULD ENDANGER PRICE STABILITY
[11:05] {Threei} - Notes potential US GDP growth now 'slightly above 2.5%", yet 'good deal of uncertainty' in economy, including reduced liquidity as key economic growth risk
[11:05] {Threei} FED OCT DISCOUNT RATE MEETING MINUTES: 6 OF 12 BANKS SAY POSITIVE DATA AND IMPROVING MARKETS
[11:05] {Threei} aand other 6 say negative and deteriorating?
[11:06] {Threei} make your pick
[11:06] {BillyD} no wonder maniac-depressive
[11:10] {Threei} let's see if we get bounce to short into
[11:10] {Threei} feels like down is going to be the theme for the rest of the day
[11:11] {Threei} NVDA, as close to .60 as possible
[11:11] {Threei} BRCM closer to .80
[11:13] {Threei} if no bounce and NQ continues down, NVDA .35 short
[11:13] {Threei} with stop above the high of current bounce
[11:16] {Threei} NVDA keeps its head down
[11:16] {Threei} most likely short candidate
[11:16] {BillyD} BRCM more iffy
[11:16] {Threei} yeah, BRCM follows NQ to the letter while NVDA is weaker
[11:18] {BillyD} right thru it
[11:18] {Threei} NVDA is dancing to the tune
[11:20] {BillyD} sheesh took small scalp on JADE and keeps it going
[11:20] {BillyD} .46 stop on NVDA or .47
[11:21] {Threei} .47
[11:28] {Threei} die already NVDA
[11:28] {BillyD} yeah
[11:29] {BillyD} I added more on bounce into low .40's and cov'd 1/2 .29
[11:30] {BillyD} that blk earlier didn't help
[11:38] {Threei} I parroted you billy
[11:38] {Threei} hope you'll forgive me
[11:39] {Threei} .43 - .31, second lot :)
[11:39] {BillyD} :)
[11:39] {Threei} fiiinally
[11:40] {Threei} covered half of first lot
[11:40] {Threei} sheesh, it's getting complicated
[11:40] {Threei} need calculator
[11:40] {BillyD} out rest here
[11:40] {Threei} ah come on
[11:41] {Threei} sure... leave me alone with this wierdo
[11:41] {BillyD} u r just tougher than me
[11:41] {Threei} no, I am more lazy
[11:41] {Threei} I don't want to be clicking that often
[11:42] {BillyD} it seems the ones I have tried to hold on to, I end up regretting
[11:42] {Threei} (truth be told, I am greedy )
[11:42] {Threei} I can't blame you, on serious note
[11:42] {Threei} market's been whippy today
[11:43] {Threei} it's just that I am having quite nice day with morning plays,
[11:43] {Threei} this one worked nicely with two lots too
[11:43] {BillyD} my situation different than yours I know
[11:43] {Threei} so I have luxury to try and milk it
[11:43] {Threei} yes sir
[11:43] {Threei} never mind my blabbing
[11:43] {BillyD} I have to trade it according to that
[11:44] {BillyD} you say something?
[11:44] {Threei} my feeling is, all htese bounces last 30 min or so is nothing but shakeout attempts
[11:44] {Threei} and we are to see more selling
[11:45] {BillyD} honestly, earlier when Fed made comments and mkt went up I was very surpised
[11:45] {BillyD} hinting towardss no rate cut
[11:45] {Threei} come to papa NVDA
[11:45] {BillyD} very nice
[11:46] {Threei} out
[11:46] {Threei} .03
[11:46] {BillyD} well done
[11:46] {Threei} was it fried to perfection or what
[11:47] {cosmo} ATVI holds21 ...so far
[11:47] {BillyD} we'll see
[11:47] {Threei} I won't
[11:47] {Threei} I take it off screen
[11:47] {BillyD} lol...smart man
[11:47] {Threei} in my mind it was perfect trade even if drops another point :)
[11:47] {Threei} make sure and don't tell me
[11:47] {Threei} (yeah right)
[11:47] {BillyD} that would be mean
[11:48] {Threei} and mean is not what we do here of course
[11:48] {Threei} no sir
[11:48] {Threei} ATVI is suprizingly strong cos...
[11:49] {Threei} hey I peeked... 20 cents bounce NVDA, me happy with my cover
[12:00] {Threei} NQ came into resistance
[12:00] {Threei} watching NVDA for another short
[12:01] {BillyD} how about BRCM
[12:01] {Threei} less willing
[12:01] {BillyD} ok
[12:03] {BillyD} say when
[12:03] {Threei} in
[12:03] {Threei} ugh
[12:03] {Threei} was too fast billy, sorry
[12:04] {BillyD} np
[12:04] {Threei} got .28
[12:04] {Threei} just a scalp
[12:04] {BillyD} have order there
[12:04] {Threei} not counting on much
[12:04] {Threei} out 3/4
[12:05] {BillyD} my NDX bars have gaps of space shoing jumps on these little moves
[12:05] {BillyD} showing
[12:07] {Threei} out in full, losing read here
[12:08] {Threei} feeling is the same, it just becomes a bit too jerky
[12:09] {Threei} notice how BRCM is utterly useless
[12:09] {BillyD} yes
[12:09] {Threei} wouldn't give as much as readable 10 cents
[12:13] {Threei} is it jerky or is it jerky
[12:14] {BillyD} thinking of short but too crazy
[12:14] * Threei sends flowers to his intuition, it works full power today
[12:14] {BillyD} it's almost the only way it seems....intuition
[12:15] {Threei} well... what's inuition if not experience colletcted over years and applied without thinking involved
[12:15] {Threei} "without thinking" is my favorite part
[12:15] {Threei} thinking is too much like work
[12:16] {Threei} and I lost my thinking hat somewhere in bowels of washer
[12:24] {cosmo} Santa wants ATVI
[12:26] {Threei} was a great long off support... sorry I missed it
[12:29] {BillyD} look at that drop down
[12:30] {Threei} it fits into general read I gave earlier... but renders it useless too
[12:31] {bruce} cmtl - risky - any read?
[12:32] {Threei} no... too thin
[12:33] {bruce} k
[12:39] {Threei} whatever it was, I hope traders had fun with it... sheesh
[12:39] {Threei} glad to be on a sideline
[12:40] {BillyD} I ss NVDA at .36 area on the bounce and cov'd at .40 on that spike
[12:41] {BillyD} too crazy
[12:41] {Threei} it's untradeable
[12:41] {BillyD} yeah....I shorted into resistance with small stop
[12:41] {BillyD} worth a try
Session Start: Tue Nov 27 13:23:08 2007
[13:23] *** Now talking in #discussions
[13:23] -admin- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
Monday, November 26, 2007
November 26, 2007
Session Start: Mon Nov 26 00:00:00 2007
Session Time: Mon Nov 26 00:00:00 2007
[05:28] {bruce} morning all
[05:30] {BillyD} hi bruce
[05:34] {bruce} hi billy
[05:40] {Threei} HOKU AND SOLARFUN SIGN $306M POLYSILICON SUPPLY CONTRACT- Under the contract, up to approximately $306 million may be payable to Hoku during the eight-year period, subject to product deliveries and other conditions. The contract provides for the delivery of predetermined volumes of polysilicon each year, with the first shipment in the second half of 2009 and continuing over an eight-year period from the first shipment, at set prices that wi
[05:40] {BillyD} morning Vad
[05:41] {Threei} Billy ;0
[05:41] {BillyD} ship date out there
[05:48] {dptl} good morning
[05:49] {bruce} hi dp
[05:50] {Threei} dp, bruce :)
[05:51] {cosmo} solarfun?
[05:52] {Threei} SOLF?
[05:52] {cosmo} ah
[05:58] {bruce} hi cosmo, vad
[05:59] {cosmo} bruce:)
[06:01] {esemde} morning all...
[06:02] {Threei} ese :)
[06:02] {esemde} supose to have snow here today Vad......I hope you didn't bring that with you from Winnipeg
[06:02] {bruce} hi ese
[06:03] {Threei} they promised it for Sat, never happened
[06:03] {bruce} lucky you ese
[06:05] {esemde} is HOKU a solar co.?
[06:05] {Threei} yeah
[06:06] {Threei} was real lagger during solars hoopla
[06:06] {esemde} tks am going to add it to my solar collection.
[06:10] {cosmo} ... it should be fun
[06:10] {Threei} solar fun
[06:10] {cosmo} yea
[06:10] {cosmo} wear a hat
[06:12] {esemde} thing of the future boys....until the sun burns out of course....
[06:13] {cosmo} sometimes i worry about cloud cover
[06:13] {esemde} well then....it's.......wind generators....
[06:14] {cosmo} with photovoltaic blades?
[06:15] {esemde} is that legit cos?
[06:15] {Threei} GGBM
[06:15] {Threei} SIGNS MEMORANDUM OF UNDERSTANDING WITH NEXTPHASE WIRELESS TO DEVELOP JOINT VENTURE PARTNERSHIP
[06:15] {cosmo} give it a few years...hehe
[06:17] {esemde} have to do something thats for sure....Oil is a scarce commodity.
[06:17] {cosmo} i also look forward to photovoltaic auto paint
[06:18] {cosmo} ...they pay you to park your car...
[06:19] {esemde} ha ha.......ha ha....
[06:20] {BillyD} Vad...any favorites so far
[06:20] {cosmo} HOKU must hold 8 .. i think
[06:21] {esemde} CSIQ going nuts....
[06:21] {esemde} news?
[06:21] {Threei} HOKU of course... not favorite per se, on watch
[06:21] {Threei} yes ese
[06:21] {Threei} SIGNS $60M ANNUAL SOLAR CELL SUPPLY CONTRACT WITH GINTECH ENERGY CORPORATION FOR 2008
[06:21] {Threei} - The continuation of our collaboration with Gintech is in line with long-term supply strategy, which includes direct purchasing from a selected number of long-term strategic cell suppliers in addition to our internal solar cell production
[06:21] {Threei} 1 min ago
[06:22] {esemde} lots of good news coming out on this stock last week and a half....
[06:22] {esemde} contract after contract
[06:24] {Threei} we assigned "far from done" status to this one... good to see it lives up to expectations
[06:24] {esemde} is it good enough to help it get by 5yr high of 18.88
[06:24] {esemde} i wonder...
[06:28] {BillyD} HOKU is shortable Laser
[06:33] {Threei} remember LUNA?
[06:33] {BillyD} do wewant to
[06:33] {Threei} lol
[06:34] {Threei} was aiming for 8 a few days ago when we first mentioned it
[06:34] {Threei} still verry tough one, low volume
[06:34] {Threei} sneaky climber
[06:34] {cosmo} and a heartbreaker...
[06:37] {Threei} PLUG?
[06:37] {Threei} don't see news
[06:38] {bruce} cree
[06:39] {Threei} CPSL 5.40 break risky long
[06:40] {Threei} 5.24 stop
[06:41] {esemde} GLYT being bought out...up 50% to 94.00 smackers
[06:41] {Threei} half out CPSL
[06:41] {Roman} ZIXI long
[06:41] {Threei} scalpers take profit
[06:41] {esemde} thats one of those dreamin stocks...."what if you'd bought 1000 shs on friday"?
[06:41] {BillyD} good one...missed it
[06:44] {Roman} long ASIA
[06:44] {Roman} slow, had news in the mronig
[06:45] {Threei} 08:03am [ASIA] Announces contract to upgrade China Telecom online self service center
[06:47] {Threei} BRCM short half lot, .91 stop
[06:47] {Threei} first weakness from here
[06:48] {Threei} invalidated if breaks .90
[06:49] {Threei} in
[06:49] {BillyD} .80 here
[06:49] {Threei} 10 cents stop, worth a try
[06:49] {Threei} stocks stays in red while NQ is up 13 points
[06:50] {Threei} wouldn't uptick more than 5 cents while NQ up 3 points
[06:51] {Threei} over 1:1 already
[06:51] {Threei} 1:2, half out
[06:51] {Threei} scalpers take profit
[06:52] {Threei} easy money... my favorite kind
[06:53] {BillyD} yeah
[06:53] {Threei} slap instant gratification on top of that, you have dream come true
[06:53] {BillyD} lol...out in full ty
[06:53] {Threei} welcome :)
[06:53] {esemde} well done all enjoyed watching that....
[06:54] {Threei} only watching?
[06:54] {Threei} SCON?
[06:54] {esemde} yes i'm afraid so vad......tons of work on my desk here....
[06:54] {Threei} oh
[06:54] {Threei} sorry
[06:55] {esemde} am doing both.....busy season for me....
[06:55] {Threei} yeah, you described it last week
[06:55] {Threei} sounded intimidating :)
[06:55] {esemde} it is but fun.....still learning from you all though
[06:56] {Threei} stop to .71 for second half
[06:57] {bruce} was that capitulation trade vad?
[06:57] {esemde} i'm still participating in a small way....bought 100 shs of CSIQ at 14.50 frday to swing trade it
[06:57] {Threei} capitulstion?
[06:57] {Threei} capitulation is a long play on quick selloff
[06:57] {Threei} bottom fishin
[06:58] {Threei} that was short on relative weakness,
[06:58] {Threei} aggressive entry close to resistance
[06:58] {Threei} out BRCM
[06:58] {bruce} k - thoght it just menat overextended in either direction
[06:58] {Threei} overextended upward is euphoria,
[06:58] {BillyD} took MLMN for scalp earlier and it kept going
[06:59] {Threei} and in ane case, it refers to trend reversal play
[06:59] {Threei} BRCM short was trend continuation
[06:59] {bruce} yep - figured that
[06:59] {Threei} :)
[06:59] {Threei} wtg Billy
[06:59] {Threei} I can't come to agreement with this one
[06:59] {BillyD} ty...it was your mention from Friday
[07:00] {BillyD} well...reason for .18 scalp
[07:00] {Threei} yes... I just get shaken out on it more often than I get it right
[07:00] {Threei} its rhythm is not exactly my thing I guess
[07:02] {Threei} ESLR
[07:02] {Threei} trying to catch up with solar revival
[07:02] {BillyD} this one shakes me when it is back to normal
[07:02] {BillyD} JADE acting up
[07:03] {BillyD} not in or chasing here
[07:03] {Threei} DSTI too
[07:03] {Threei} don't jump on any of them
[07:04] {Threei} at this point it's unclear whether mania is back or it's just a water-testing
[07:04] {Threei} my personal feeling is, solar mania will be back and soon enough, but it's not on yet
[07:04] {esemde} DSTI is that solar as well
[07:04] {Threei} yup
[07:04] {Threei} (I think)
[07:05] {BillyD} DSTI....pick entry carefully
[07:05] {BillyD} lol
[07:05] {Threei} when it comes to fundamentals, sectors etc, double chech me please :)
[07:05] {esemde} my solar screen is a sea of green this morning
[07:05] {Roman} long JRJC
[07:06] {Roman} very small
[07:06] {Threei} to me, "it's forming a setup, risk is within my tolerance" is fundamental enough, lol
[07:07] {Threei} FSLR seems to be leading the charge
[07:07] {Threei} ASTI and SOLF are not too hot
[07:07] {Threei} so looks like at this point mania is not really widespread
[07:08] {BillyD} good observation
[07:08] {Threei} tail is not following the head confidently
[07:08] {BillyD} but there is a pulse
[07:10] {Threei} CSUN
[07:10] {Threei} no news that I see
[07:11] {Threei} you are up 2 points of your CSIQ ese
[07:11] {Threei} nicely done
[07:12] {Threei} my understanding is stop was under 14... so it's 1:1 here
[07:13] {Threei} scary trade:
[07:13] {Threei} SEED
[07:13] {Threei} 5.93 long
[07:13] {Threei} stop under .75
[07:14] {esemde} yes...100 shs...
[07:14] {esemde} my stop is at 14
[07:15] {esemde} am gonna let this ride for the rest of the day....and see what happens
[07:15] {Threei} figured that... "I am watching you... I am right behind your shoulder"... (in my best lame horror-movie voice)
[07:15] {esemde} slow and steady hopefully....
[07:16] {esemde} can't really make any money this way but a stress free way to participate until work load dies down a bit
[07:21] {BillyD} HOKU may be a short coming up here
[07:21] {BillyD} just so jumpy
[07:22] {bruce} gigm vad?
[07:22] {Threei} chart is right...
[07:22] {Threei} it's not an easy one to trade
[07:22] {Threei} worth a try half lot
[07:22] {BillyD} GIGM tough imop
[07:23] {Threei} .63 trigger
[07:23] {Threei} by just personality of this stock, I'd say 55/45 trade :)
[07:24] {bruce} not worth it then
[07:26] {_lumdus} .63 trigger on what stock
[07:27] {Threei} GIGM lumdus, answering bruce's question
[07:37] {Threei} forget GIGM
[07:39] {bruce} lol - already did
[07:39] {bruce} any read ffiv vad?
[07:40] {BillyD} HOKU steam
[07:42] {BillyD} any read HOKU Vad
[07:44] {Threei} trying to get a feel for it... not much luck so far
[07:44] {BillyD} it seems to keep you on edge
[07:44] {BillyD} because of its personality
[07:45] {Threei} FFIV... I am not delighted bruce
[07:45] {Threei} kind of marginal trade... not compelling
[07:45] {Threei} I prefer my trades to make me grab them
[07:46] {bruce} k - I thought it was settingh up as a short
[07:46] {Threei} it did as NQ broke down
[07:47] {bruce} yup
[07:47] {bruce} read it right for once
[07:53] {BillyD} FFHL moving
[07:53] {BillyD} days like today u see thes nice moves w/ low volume w/out you
[07:55] {Threei} MENT?
[07:56] {Threei} BRCM another shor setup is coming
[07:56] {Threei} .18 trigger
[07:56] {Threei} .19
[07:56] {Threei} .31 stop
[07:56] {BillyD} in
[07:58] {Threei} LOCM activity
[07:58] {esemde} still a weak market looks like......
[08:00] {esemde} thas another stock that should take off at some point
[08:01] {Threei} LOCM?
[08:01] {esemde} yes
[08:05] {Threei} stopped BRCM
[08:05] {BillyD} yeah
[08:09] {BillyD} charts not loading here
[08:09] {Threei} yes
[08:09] {esemde} HOku at highs...
[08:09] {Threei} yeah, HOKU worth a try half lot .63
[08:09] {Threei} if stays above .45
[08:11] {BillyD} u n Vad
[08:11] {Threei} yes
[08:12] {Threei} missed SCON...
[08:23] {BillyD} BRCM works now
[08:23] {BillyD} NQ spiked us out
[08:23] {Threei} yeah
[08:29] {Threei} charts are coming back
[08:30] {BillyD} yes
[08:31] {Threei} out HOKU
[08:31] {Threei} not confidence
[08:31] {Threei} maybe goes maybe not
[08:32] {BillyD} i got out earlier around even...then rentered .45 for scalp of about .12
[08:32] {Threei} good way to play it
[08:32] {BillyD} pullbacks
[08:35] {Threei} this teleporting is what I dislike on HOKU
[08:35] {BillyD} u are at the mercy
[08:35] {Threei} got ready to break .75, all opf sudden it's 10 cents lower
[08:36] {BillyD} if u can call it mercy
[08:36] {BillyD} lol
[08:48] {BillyD} some fun today eh
[08:49] {Threei} normal fopr monday after holiday
[08:50] {Threei} hangover you know
[08:50] {BillyD} well....I feel better now...hehe
[08:58] {Roman} CTDC
[09:11] {Threei} BEAV
[09:11] {Threei} .21 long trigger, half lot
[09:12] {Threei} 43.09 stop
[09:13] {Threei} maybe too tight... if prefer .04, adjust shares accordingly
[09:15] {Threei} FSLR continues
[09:19] {Threei} wow... look at SWAT spread
[09:19] {Threei} is it even legal?? :)
[09:19] {BillyD} only if you participate
[09:24] {esemde} have a great day everyone.
[09:24] {Threei} take care ese
[09:25] {BillyD} bye ese
[09:26] {bruce} bye ese
[09:28] {bruce} frpt - any read vad?
[09:29] {Threei} 13.10 for scalp
[09:29] {Threei} 12.94 stop
[09:29] {Threei} be careful with this one, it can be quite treacherous
[09:31] {bruce} thanks
[09:42] {Threei} BEAV stop to .14
[09:58] {Threei} DISH
[09:58] {Threei} MOVES HIGHER AFTER THESTREET.COM SAYS TALKS WITH AT&T HAVE COOLED BUT TALKS CONTINUE- source says talks are ongoing about a price in the $60's. Another source says the deal is still happening, just at a slower pace
[10:06] {bruce} daily volume on beav has been dropping last few days vad
[10:06] {bruce} what makes it a good intraday candidate today?
[10:07] {Threei} intraday setup?
[10:07] {bruce} lol
[10:07] {Threei} there is clean JBE on 1 min
[10:07] {bruce} I'm leery of long consolidations
[10:07] {Threei} lower volume on Fri- it was half day don't forget
[10:08] {bruce} I see the [pattern OK but have seen them fail a lot
[10:08] {bruce} true
[10:09] {Threei} in any case, it hit 1:1 twice
[10:09] {Threei} and does it now for a third time
[10:11] {bruce} yup- worked well
[10:11] {bruce} it'sa really obvious pattern
[10:12] {bruce} and I've had a really low succes rate
[10:12] {bruce} with that long breakout pattern
[10:12] {Threei} this is one of my most traded patterns... with very nice success rate
[10:12] {Threei} most of my calls you see are of this kind
[10:14] {bruce} for me - the short consolidations rok fine
[10:14] {bruce} the ones over 30 minutes fail a lot
[10:14] {Threei} this is normal
[10:14] {Threei} same thing with most breakout setups
[10:14] {Threei} triangles are famous for this pattern for instance:
[10:15] {Threei} if breeak occurs with 2/3 till apex, chance of successful break is much higher
[10:15] {Threei} with = within
[10:15] {bruce} k
[10:15] {bruce} neverr put a number to it
[10:15] {bruce} but have noticed exactly that
[10:15] {bruce} the longer they continue
[10:15] {Threei} if I remember correct, TTR mentions this distinctions too
[10:15] {bruce} less likely they will work
[10:16] {bruce} they're beautiful fakeouts
[10:16] {bruce} suck more and more people in - then reverse
[10:18] {Threei} open your copy of TTR, page 142
[10:18] {Threei} Miscullaneous Points
[10:18] {Threei} Point # 1
[10:20] {bruce} k
[10:41] {Threei} out BEAV .40 and .41
[10:44] {BillyD} gj
[10:44] {Threei} booooring trade
[10:45] {Threei} but, you know... bore me with profit
[10:45] {BillyD} profitable
[10:45] {Threei} I am willing to be bored all the way to the bank
[11:00] {bruce} nice play w beqav vad
[11:00] {Threei} ty
[11:00] {Threei} too bad BRCM choose to shake us out first
[11:00] {Threei} would be a very nice short
[11:00] {Threei} especially if we went into coma and forgot we had it
[11:01] {bruce} lol
[11:01] {bruce} I'd like to do some longer holds
[11:02] {bruce} but working on just getting profitable w scalps first
[11:02] {bruce} have to head out
[11:02] {bruce} see you all in am
[11:02] {BillyD} cya
[11:02] {Threei} take care bruce
[11:04] {cosmo} MLNM hod = 14.94 fwiw
[11:06] {cosmo} SKIL tests @ 10
[11:23] {Threei} NVDA long with .14 stop
[11:23] {Threei} first strength from here
[11:25] {Threei} in
[11:25] {Threei} 5 cents stop
[11:26] {BillyD} same here
[11:27] {Threei} lol... 1;1 is reached {G}
[11:27] {Threei} not selling of course
[11:28] {BillyD} lol
[11:28] {Threei} first half out above .30
[11:28] {BillyD} ok
[11:29] {Threei} beauty of aggressive entry
[11:33] {BillyD} out some here
[11:33] {Threei} perfect example of anticipatory trade
[11:34] {Threei} NQ looked like upward turn at the moment,
[11:34] {BillyD} they are always perfect when they work
[11:34] {Threei} .31 looked like long trigger with .14 stop,
[11:34] {Threei} NVDA sat sloce to support,
[11:34] {Threei} making aggressive entry very low risk one
[11:34] {BillyD} yes
[11:35] {_lumdus} csco above 27.80 i think
[11:35] {Threei} and before cosmo asks... sloce is close typed by dyslexic
[11:37] {_lumdus} in csco .80
[11:42] {BillyD} Vad...stop still .14
[11:43] {Threei} yup
[11:46] {BillyD} out
[11:50] {Threei} in again
[11:50] {Threei} just a quick scalp
[11:50] {Threei} .99 stop
[11:52] {_lumdus} would be nice a reversal hre
[11:52] {Threei} good chance for that, and very tight stop
[11:52] {Threei} can take play like this just on risk alone
[11:52] {Threei} out half .10
[11:53] {_lumdus} oh.. just looking for pennies today. hey better then losing
[11:54] {_lumdus} i still like csco if we can get some reversal
[11:54] {BillyD} it seems when I look for more than pennies today...I give back the other half of the first pennies
[11:54] {Threei} this is lunch time, this is Monday, jerky shaky market, several nice wins under the belt...
[11:54] {Threei} don't need much right now
[11:55] {_lumdus} small jerkey pops . that's about it, can't get much more then .001
[11:56] {Threei} .001?
[11:56] {Threei} that would be a bit too small :)
[11:56] {Threei} out balance
[11:56] {BillyD} in MLNM .96
[12:04] {BillyD} mkt not helping
[12:06] {Threei} well, your stock is sitting tight
[12:06] {Threei} I'd say, good pick
[12:06] {BillyD} lol
[12:06] {BillyD} talk more please
[12:06] {Threei} {MLNM} oh you think you can talk me down?
[12:07] {BillyD} ok...fess up you hit the fat finger
[12:07] {Threei} nope... I am in coma
[12:08] {Threei} {market} since when it kept you from trading...
[12:13] {BillyD} MLNM now
[12:13] {BillyD} now I said
[12:13] {BillyD} Vad...start singing
[12:14] {Threei} oh you don't want that
[12:14] {Threei} believe you me
[12:15] {BillyD} I guess I need to think of your family
[12:15] {Threei} when I sing people break windows in futile attempt to escape the horror
[12:16] {BillyD} lol
[12:17] {BillyD} have mad some anticipatory trades and then rationalized maybe I was guessing too much only too bail and then see them do what you anticipated
[12:17] {BillyD} gotta stick w/ the small voice inside
[12:17] {Threei} if you ever see ese running for cover, desperately trying to get asylum in another country and complaining to UN about cruel and unusual punishment or torture - you know I sang in his presence
[12:17] {BillyD} roflol
[12:19] {Threei} out MLNM .07
[12:19] {Threei} ty billy :)
[12:20] {BillyD} yw
[12:20] {BillyD} out 1/2 +.10
[12:26] {Threei} whoa CSIQ
[12:26] {Threei} serious selloff
[12:26] {Threei} due to bounce
[12:26] {Threei} in half lot
[12:26] {Threei} stop under .50
[12:30] {Threei} won't let it lose .75 on me
[12:30] {Threei} out
[12:30] {Threei} lousy +.6 cents...
[12:30] {Threei} wanted much bigger bounce but not going to risk another sharp drop
[12:30] {BillyD} yeah
[12:34] {_lumdus} put stop oat break even for csiq
[12:36] {BillyD} out rest MLNM +.06
[12:39] {Threei} good out Billy
[12:40] {Threei} WIRES REPORT NEW BIN LADEN TAPE RELEASED ADDRESSING EUROPEANS
[12:40] {BillyD} thx....spinning wheels day here
[12:40] {Threei} quite nice day money wise
[12:40] {Threei} boring, yeah
[12:40] {BillyD} that guy picks on everyone
[12:40] {Threei} but I really don't mind
[12:40] {BillyD} not $ day for me
[12:41] {Threei} I think you undersize those aggressive entry plays
[12:41] {BillyD} that is exactly part of problem
[12:41] {Threei} when I have 4-5 cents stop on liquid stocks I don't really hold back
[12:42] {BillyD} then I find I have to keep pushing trades
[12:42] {Threei} with such tiny stop and potentially small target, why not play bigger size
[12:42] {BillyD} my better trades earlier I got small fills
[12:42] {BillyD} your right though.....
[12:43] {Threei} 12 cents is fine with 1K, not much sense with half lot, considerably nice with 2-3K
[12:43] {Threei} that's the point of agressive entries, right?
[12:43] {BillyD} yeah......this is then conclusion I have been coming to
[12:43] {Threei} to minimize the stop
[12:44] {Threei} so your risk is smaller
[12:44] {BillyD} just in my trades overall....I need to increase size unless volatility doesn't warrant
[12:44] {Threei} but your risk tolerance is the same
[12:44] {Threei} you would cut down shares size if play required wider stop
[12:44] {BillyD} yes
[12:44] {Threei} so why wouldn't you increase size when play allows for a very tight stop...
[12:44] {Threei} works both ways :)
[12:45] {BillyD} true :)
[12:47] {_lumdus} so let's have some good old rally eod at least... comon
[12:57] {Threei} not much of a rally... oh well
[13:02] {Threei} thank you all
[13:02] {Threei} havce a good evening, see you tomorrow
[13:02] {BillyD} cya tomorrow
Session Time: Mon Nov 26 00:00:00 2007
[05:28] {bruce} morning all
[05:30] {BillyD} hi bruce
[05:34] {bruce} hi billy
[05:40] {Threei} HOKU AND SOLARFUN SIGN $306M POLYSILICON SUPPLY CONTRACT- Under the contract, up to approximately $306 million may be payable to Hoku during the eight-year period, subject to product deliveries and other conditions. The contract provides for the delivery of predetermined volumes of polysilicon each year, with the first shipment in the second half of 2009 and continuing over an eight-year period from the first shipment, at set prices that wi
[05:40] {BillyD} morning Vad
[05:41] {Threei} Billy ;0
[05:41] {BillyD} ship date out there
[05:48] {dptl} good morning
[05:49] {bruce} hi dp
[05:50] {Threei} dp, bruce :)
[05:51] {cosmo} solarfun?
[05:52] {Threei} SOLF?
[05:52] {cosmo} ah
[05:58] {bruce} hi cosmo, vad
[05:59] {cosmo} bruce:)
[06:01] {esemde} morning all...
[06:02] {Threei} ese :)
[06:02] {esemde} supose to have snow here today Vad......I hope you didn't bring that with you from Winnipeg
[06:02] {bruce} hi ese
[06:03] {Threei} they promised it for Sat, never happened
[06:03] {bruce} lucky you ese
[06:05] {esemde} is HOKU a solar co.?
[06:05] {Threei} yeah
[06:06] {Threei} was real lagger during solars hoopla
[06:06] {esemde} tks am going to add it to my solar collection.
[06:10] {cosmo} ... it should be fun
[06:10] {Threei} solar fun
[06:10] {cosmo} yea
[06:10] {cosmo} wear a hat
[06:12] {esemde} thing of the future boys....until the sun burns out of course....
[06:13] {cosmo} sometimes i worry about cloud cover
[06:13] {esemde} well then....it's.......wind generators....
[06:14] {cosmo} with photovoltaic blades?
[06:15] {esemde} is that legit cos?
[06:15] {Threei} GGBM
[06:15] {Threei} SIGNS MEMORANDUM OF UNDERSTANDING WITH NEXTPHASE WIRELESS TO DEVELOP JOINT VENTURE PARTNERSHIP
[06:15] {cosmo} give it a few years...hehe
[06:17] {esemde} have to do something thats for sure....Oil is a scarce commodity.
[06:17] {cosmo} i also look forward to photovoltaic auto paint
[06:18] {cosmo} ...they pay you to park your car...
[06:19] {esemde} ha ha.......ha ha....
[06:20] {BillyD} Vad...any favorites so far
[06:20] {cosmo} HOKU must hold 8 .. i think
[06:21] {esemde} CSIQ going nuts....
[06:21] {esemde} news?
[06:21] {Threei} HOKU of course... not favorite per se, on watch
[06:21] {Threei} yes ese
[06:21] {Threei} SIGNS $60M ANNUAL SOLAR CELL SUPPLY CONTRACT WITH GINTECH ENERGY CORPORATION FOR 2008
[06:21] {Threei} - The continuation of our collaboration with Gintech is in line with long-term supply strategy, which includes direct purchasing from a selected number of long-term strategic cell suppliers in addition to our internal solar cell production
[06:21] {Threei} 1 min ago
[06:22] {esemde} lots of good news coming out on this stock last week and a half....
[06:22] {esemde} contract after contract
[06:24] {Threei} we assigned "far from done" status to this one... good to see it lives up to expectations
[06:24] {esemde} is it good enough to help it get by 5yr high of 18.88
[06:24] {esemde} i wonder...
[06:28] {BillyD} HOKU is shortable Laser
[06:33] {Threei} remember LUNA?
[06:33] {BillyD} do wewant to
[06:33] {Threei} lol
[06:34] {Threei} was aiming for 8 a few days ago when we first mentioned it
[06:34] {Threei} still verry tough one, low volume
[06:34] {Threei} sneaky climber
[06:34] {cosmo} and a heartbreaker...
[06:37] {Threei} PLUG?
[06:37] {Threei} don't see news
[06:38] {bruce} cree
[06:39] {Threei} CPSL 5.40 break risky long
[06:40] {Threei} 5.24 stop
[06:41] {esemde} GLYT being bought out...up 50% to 94.00 smackers
[06:41] {Threei} half out CPSL
[06:41] {Roman} ZIXI long
[06:41] {Threei} scalpers take profit
[06:41] {esemde} thats one of those dreamin stocks...."what if you'd bought 1000 shs on friday"?
[06:41] {BillyD} good one...missed it
[06:44] {Roman} long ASIA
[06:44] {Roman} slow, had news in the mronig
[06:45] {Threei} 08:03am [ASIA] Announces contract to upgrade China Telecom online self service center
[06:47] {Threei} BRCM short half lot, .91 stop
[06:47] {Threei} first weakness from here
[06:48] {Threei} invalidated if breaks .90
[06:49] {Threei} in
[06:49] {BillyD} .80 here
[06:49] {Threei} 10 cents stop, worth a try
[06:49] {Threei} stocks stays in red while NQ is up 13 points
[06:50] {Threei} wouldn't uptick more than 5 cents while NQ up 3 points
[06:51] {Threei} over 1:1 already
[06:51] {Threei} 1:2, half out
[06:51] {Threei} scalpers take profit
[06:52] {Threei} easy money... my favorite kind
[06:53] {BillyD} yeah
[06:53] {Threei} slap instant gratification on top of that, you have dream come true
[06:53] {BillyD} lol...out in full ty
[06:53] {Threei} welcome :)
[06:53] {esemde} well done all enjoyed watching that....
[06:54] {Threei} only watching?
[06:54] {Threei} SCON?
[06:54] {esemde} yes i'm afraid so vad......tons of work on my desk here....
[06:54] {Threei} oh
[06:54] {Threei} sorry
[06:55] {esemde} am doing both.....busy season for me....
[06:55] {Threei} yeah, you described it last week
[06:55] {Threei} sounded intimidating :)
[06:55] {esemde} it is but fun.....still learning from you all though
[06:56] {Threei} stop to .71 for second half
[06:57] {bruce} was that capitulation trade vad?
[06:57] {esemde} i'm still participating in a small way....bought 100 shs of CSIQ at 14.50 frday to swing trade it
[06:57] {Threei} capitulstion?
[06:57] {Threei} capitulation is a long play on quick selloff
[06:57] {Threei} bottom fishin
[06:58] {Threei} that was short on relative weakness,
[06:58] {Threei} aggressive entry close to resistance
[06:58] {Threei} out BRCM
[06:58] {bruce} k - thoght it just menat overextended in either direction
[06:58] {Threei} overextended upward is euphoria,
[06:58] {BillyD} took MLMN for scalp earlier and it kept going
[06:59] {Threei} and in ane case, it refers to trend reversal play
[06:59] {Threei} BRCM short was trend continuation
[06:59] {bruce} yep - figured that
[06:59] {Threei} :)
[06:59] {Threei} wtg Billy
[06:59] {Threei} I can't come to agreement with this one
[06:59] {BillyD} ty...it was your mention from Friday
[07:00] {BillyD} well...reason for .18 scalp
[07:00] {Threei} yes... I just get shaken out on it more often than I get it right
[07:00] {Threei} its rhythm is not exactly my thing I guess
[07:02] {Threei} ESLR
[07:02] {Threei} trying to catch up with solar revival
[07:02] {BillyD} this one shakes me when it is back to normal
[07:02] {BillyD} JADE acting up
[07:03] {BillyD} not in or chasing here
[07:03] {Threei} DSTI too
[07:03] {Threei} don't jump on any of them
[07:04] {Threei} at this point it's unclear whether mania is back or it's just a water-testing
[07:04] {Threei} my personal feeling is, solar mania will be back and soon enough, but it's not on yet
[07:04] {esemde} DSTI is that solar as well
[07:04] {Threei} yup
[07:04] {Threei} (I think)
[07:05] {BillyD} DSTI....pick entry carefully
[07:05] {BillyD} lol
[07:05] {Threei} when it comes to fundamentals, sectors etc, double chech me please :)
[07:05] {esemde} my solar screen is a sea of green this morning
[07:05] {Roman} long JRJC
[07:06] {Roman} very small
[07:06] {Threei} to me, "it's forming a setup, risk is within my tolerance" is fundamental enough, lol
[07:07] {Threei} FSLR seems to be leading the charge
[07:07] {Threei} ASTI and SOLF are not too hot
[07:07] {Threei} so looks like at this point mania is not really widespread
[07:08] {BillyD} good observation
[07:08] {Threei} tail is not following the head confidently
[07:08] {BillyD} but there is a pulse
[07:10] {Threei} CSUN
[07:10] {Threei} no news that I see
[07:11] {Threei} you are up 2 points of your CSIQ ese
[07:11] {Threei} nicely done
[07:12] {Threei} my understanding is stop was under 14... so it's 1:1 here
[07:13] {Threei} scary trade:
[07:13] {Threei} SEED
[07:13] {Threei} 5.93 long
[07:13] {Threei} stop under .75
[07:14] {esemde} yes...100 shs...
[07:14] {esemde} my stop is at 14
[07:15] {esemde} am gonna let this ride for the rest of the day....and see what happens
[07:15] {Threei} figured that... "I am watching you... I am right behind your shoulder"... (in my best lame horror-movie voice)
[07:15] {esemde} slow and steady hopefully....
[07:16] {esemde} can't really make any money this way but a stress free way to participate until work load dies down a bit
[07:21] {BillyD} HOKU may be a short coming up here
[07:21] {BillyD} just so jumpy
[07:22] {bruce} gigm vad?
[07:22] {Threei} chart is right...
[07:22] {Threei} it's not an easy one to trade
[07:22] {Threei} worth a try half lot
[07:22] {BillyD} GIGM tough imop
[07:23] {Threei} .63 trigger
[07:23] {Threei} by just personality of this stock, I'd say 55/45 trade :)
[07:24] {bruce} not worth it then
[07:26] {_lumdus} .63 trigger on what stock
[07:27] {Threei} GIGM lumdus, answering bruce's question
[07:37] {Threei} forget GIGM
[07:39] {bruce} lol - already did
[07:39] {bruce} any read ffiv vad?
[07:40] {BillyD} HOKU steam
[07:42] {BillyD} any read HOKU Vad
[07:44] {Threei} trying to get a feel for it... not much luck so far
[07:44] {BillyD} it seems to keep you on edge
[07:44] {BillyD} because of its personality
[07:45] {Threei} FFIV... I am not delighted bruce
[07:45] {Threei} kind of marginal trade... not compelling
[07:45] {Threei} I prefer my trades to make me grab them
[07:46] {bruce} k - I thought it was settingh up as a short
[07:46] {Threei} it did as NQ broke down
[07:47] {bruce} yup
[07:47] {bruce} read it right for once
[07:53] {BillyD} FFHL moving
[07:53] {BillyD} days like today u see thes nice moves w/ low volume w/out you
[07:55] {Threei} MENT?
[07:56] {Threei} BRCM another shor setup is coming
[07:56] {Threei} .18 trigger
[07:56] {Threei} .19
[07:56] {Threei} .31 stop
[07:56] {BillyD} in
[07:58] {Threei} LOCM activity
[07:58] {esemde} still a weak market looks like......
[08:00] {esemde} thas another stock that should take off at some point
[08:01] {Threei} LOCM?
[08:01] {esemde} yes
[08:05] {Threei} stopped BRCM
[08:05] {BillyD} yeah
[08:09] {BillyD} charts not loading here
[08:09] {Threei} yes
[08:09] {esemde} HOku at highs...
[08:09] {Threei} yeah, HOKU worth a try half lot .63
[08:09] {Threei} if stays above .45
[08:11] {BillyD} u n Vad
[08:11] {Threei} yes
[08:12] {Threei} missed SCON...
[08:23] {BillyD} BRCM works now
[08:23] {BillyD} NQ spiked us out
[08:23] {Threei} yeah
[08:29] {Threei} charts are coming back
[08:30] {BillyD} yes
[08:31] {Threei} out HOKU
[08:31] {Threei} not confidence
[08:31] {Threei} maybe goes maybe not
[08:32] {BillyD} i got out earlier around even...then rentered .45 for scalp of about .12
[08:32] {Threei} good way to play it
[08:32] {BillyD} pullbacks
[08:35] {Threei} this teleporting is what I dislike on HOKU
[08:35] {BillyD} u are at the mercy
[08:35] {Threei} got ready to break .75, all opf sudden it's 10 cents lower
[08:36] {BillyD} if u can call it mercy
[08:36] {BillyD} lol
[08:48] {BillyD} some fun today eh
[08:49] {Threei} normal fopr monday after holiday
[08:50] {Threei} hangover you know
[08:50] {BillyD} well....I feel better now...hehe
[08:58] {Roman} CTDC
[09:11] {Threei} BEAV
[09:11] {Threei} .21 long trigger, half lot
[09:12] {Threei} 43.09 stop
[09:13] {Threei} maybe too tight... if prefer .04, adjust shares accordingly
[09:15] {Threei} FSLR continues
[09:19] {Threei} wow... look at SWAT spread
[09:19] {Threei} is it even legal?? :)
[09:19] {BillyD} only if you participate
[09:24] {esemde} have a great day everyone.
[09:24] {Threei} take care ese
[09:25] {BillyD} bye ese
[09:26] {bruce} bye ese
[09:28] {bruce} frpt - any read vad?
[09:29] {Threei} 13.10 for scalp
[09:29] {Threei} 12.94 stop
[09:29] {Threei} be careful with this one, it can be quite treacherous
[09:31] {bruce} thanks
[09:42] {Threei} BEAV stop to .14
[09:58] {Threei} DISH
[09:58] {Threei} MOVES HIGHER AFTER THESTREET.COM SAYS TALKS WITH AT&T HAVE COOLED BUT TALKS CONTINUE- source says talks are ongoing about a price in the $60's. Another source says the deal is still happening, just at a slower pace
[10:06] {bruce} daily volume on beav has been dropping last few days vad
[10:06] {bruce} what makes it a good intraday candidate today?
[10:07] {Threei} intraday setup?
[10:07] {bruce} lol
[10:07] {Threei} there is clean JBE on 1 min
[10:07] {bruce} I'm leery of long consolidations
[10:07] {Threei} lower volume on Fri- it was half day don't forget
[10:08] {bruce} I see the [pattern OK but have seen them fail a lot
[10:08] {bruce} true
[10:09] {Threei} in any case, it hit 1:1 twice
[10:09] {Threei} and does it now for a third time
[10:11] {bruce} yup- worked well
[10:11] {bruce} it'sa really obvious pattern
[10:12] {bruce} and I've had a really low succes rate
[10:12] {bruce} with that long breakout pattern
[10:12] {Threei} this is one of my most traded patterns... with very nice success rate
[10:12] {Threei} most of my calls you see are of this kind
[10:14] {bruce} for me - the short consolidations rok fine
[10:14] {bruce} the ones over 30 minutes fail a lot
[10:14] {Threei} this is normal
[10:14] {Threei} same thing with most breakout setups
[10:14] {Threei} triangles are famous for this pattern for instance:
[10:15] {Threei} if breeak occurs with 2/3 till apex, chance of successful break is much higher
[10:15] {Threei} with = within
[10:15] {bruce} k
[10:15] {bruce} neverr put a number to it
[10:15] {bruce} but have noticed exactly that
[10:15] {bruce} the longer they continue
[10:15] {Threei} if I remember correct, TTR mentions this distinctions too
[10:15] {bruce} less likely they will work
[10:16] {bruce} they're beautiful fakeouts
[10:16] {bruce} suck more and more people in - then reverse
[10:18] {Threei} open your copy of TTR, page 142
[10:18] {Threei} Miscullaneous Points
[10:18] {Threei} Point # 1
[10:20] {bruce} k
[10:41] {Threei} out BEAV .40 and .41
[10:44] {BillyD} gj
[10:44] {Threei} booooring trade
[10:45] {Threei} but, you know... bore me with profit
[10:45] {BillyD} profitable
[10:45] {Threei} I am willing to be bored all the way to the bank
[11:00] {bruce} nice play w beqav vad
[11:00] {Threei} ty
[11:00] {Threei} too bad BRCM choose to shake us out first
[11:00] {Threei} would be a very nice short
[11:00] {Threei} especially if we went into coma and forgot we had it
[11:01] {bruce} lol
[11:01] {bruce} I'd like to do some longer holds
[11:02] {bruce} but working on just getting profitable w scalps first
[11:02] {bruce} have to head out
[11:02] {bruce} see you all in am
[11:02] {BillyD} cya
[11:02] {Threei} take care bruce
[11:04] {cosmo} MLNM hod = 14.94 fwiw
[11:06] {cosmo} SKIL tests @ 10
[11:23] {Threei} NVDA long with .14 stop
[11:23] {Threei} first strength from here
[11:25] {Threei} in
[11:25] {Threei} 5 cents stop
[11:26] {BillyD} same here
[11:27] {Threei} lol... 1;1 is reached {G}
[11:27] {Threei} not selling of course
[11:28] {BillyD} lol
[11:28] {Threei} first half out above .30
[11:28] {BillyD} ok
[11:29] {Threei} beauty of aggressive entry
[11:33] {BillyD} out some here
[11:33] {Threei} perfect example of anticipatory trade
[11:34] {Threei} NQ looked like upward turn at the moment,
[11:34] {BillyD} they are always perfect when they work
[11:34] {Threei} .31 looked like long trigger with .14 stop,
[11:34] {Threei} NVDA sat sloce to support,
[11:34] {Threei} making aggressive entry very low risk one
[11:34] {BillyD} yes
[11:35] {_lumdus} csco above 27.80 i think
[11:35] {Threei} and before cosmo asks... sloce is close typed by dyslexic
[11:37] {_lumdus} in csco .80
[11:42] {BillyD} Vad...stop still .14
[11:43] {Threei} yup
[11:46] {BillyD} out
[11:50] {Threei} in again
[11:50] {Threei} just a quick scalp
[11:50] {Threei} .99 stop
[11:52] {_lumdus} would be nice a reversal hre
[11:52] {Threei} good chance for that, and very tight stop
[11:52] {Threei} can take play like this just on risk alone
[11:52] {Threei} out half .10
[11:53] {_lumdus} oh.. just looking for pennies today. hey better then losing
[11:54] {_lumdus} i still like csco if we can get some reversal
[11:54] {BillyD} it seems when I look for more than pennies today...I give back the other half of the first pennies
[11:54] {Threei} this is lunch time, this is Monday, jerky shaky market, several nice wins under the belt...
[11:54] {Threei} don't need much right now
[11:55] {_lumdus} small jerkey pops . that's about it, can't get much more then .001
[11:56] {Threei} .001?
[11:56] {Threei} that would be a bit too small :)
[11:56] {Threei} out balance
[11:56] {BillyD} in MLNM .96
[12:04] {BillyD} mkt not helping
[12:06] {Threei} well, your stock is sitting tight
[12:06] {Threei} I'd say, good pick
[12:06] {BillyD} lol
[12:06] {BillyD} talk more please
[12:06] {Threei} {MLNM} oh you think you can talk me down?
[12:07] {BillyD} ok...fess up you hit the fat finger
[12:07] {Threei} nope... I am in coma
[12:08] {Threei} {market} since when it kept you from trading...
[12:13] {BillyD} MLNM now
[12:13] {BillyD} now I said
[12:13] {BillyD} Vad...start singing
[12:14] {Threei} oh you don't want that
[12:14] {Threei} believe you me
[12:15] {BillyD} I guess I need to think of your family
[12:15] {Threei} when I sing people break windows in futile attempt to escape the horror
[12:16] {BillyD} lol
[12:17] {BillyD} have mad some anticipatory trades and then rationalized maybe I was guessing too much only too bail and then see them do what you anticipated
[12:17] {BillyD} gotta stick w/ the small voice inside
[12:17] {Threei} if you ever see ese running for cover, desperately trying to get asylum in another country and complaining to UN about cruel and unusual punishment or torture - you know I sang in his presence
[12:17] {BillyD} roflol
[12:19] {Threei} out MLNM .07
[12:19] {Threei} ty billy :)
[12:20] {BillyD} yw
[12:20] {BillyD} out 1/2 +.10
[12:26] {Threei} whoa CSIQ
[12:26] {Threei} serious selloff
[12:26] {Threei} due to bounce
[12:26] {Threei} in half lot
[12:26] {Threei} stop under .50
[12:30] {Threei} won't let it lose .75 on me
[12:30] {Threei} out
[12:30] {Threei} lousy +.6 cents...
[12:30] {Threei} wanted much bigger bounce but not going to risk another sharp drop
[12:30] {BillyD} yeah
[12:34] {_lumdus} put stop oat break even for csiq
[12:36] {BillyD} out rest MLNM +.06
[12:39] {Threei} good out Billy
[12:40] {Threei} WIRES REPORT NEW BIN LADEN TAPE RELEASED ADDRESSING EUROPEANS
[12:40] {BillyD} thx....spinning wheels day here
[12:40] {Threei} quite nice day money wise
[12:40] {Threei} boring, yeah
[12:40] {BillyD} that guy picks on everyone
[12:40] {Threei} but I really don't mind
[12:40] {BillyD} not $ day for me
[12:41] {Threei} I think you undersize those aggressive entry plays
[12:41] {BillyD} that is exactly part of problem
[12:41] {Threei} when I have 4-5 cents stop on liquid stocks I don't really hold back
[12:42] {BillyD} then I find I have to keep pushing trades
[12:42] {Threei} with such tiny stop and potentially small target, why not play bigger size
[12:42] {BillyD} my better trades earlier I got small fills
[12:42] {BillyD} your right though.....
[12:43] {Threei} 12 cents is fine with 1K, not much sense with half lot, considerably nice with 2-3K
[12:43] {Threei} that's the point of agressive entries, right?
[12:43] {BillyD} yeah......this is then conclusion I have been coming to
[12:43] {Threei} to minimize the stop
[12:44] {Threei} so your risk is smaller
[12:44] {BillyD} just in my trades overall....I need to increase size unless volatility doesn't warrant
[12:44] {Threei} but your risk tolerance is the same
[12:44] {Threei} you would cut down shares size if play required wider stop
[12:44] {BillyD} yes
[12:44] {Threei} so why wouldn't you increase size when play allows for a very tight stop...
[12:44] {Threei} works both ways :)
[12:45] {BillyD} true :)
[12:47] {_lumdus} so let's have some good old rally eod at least... comon
[12:57] {Threei} not much of a rally... oh well
[13:02] {Threei} thank you all
[13:02] {Threei} havce a good evening, see you tomorrow
[13:02] {BillyD} cya tomorrow
Friday, November 23, 2007
November 23, 2007
Session Start: Fri Nov 23 00:00:00 2007
Session Time: Fri Nov 23 00:00:00 2007
Session Close: Thu Nov 22 13:08:34 2007
Session Start: Fri Nov 23 00:00:00 2007
Session Time: Fri Nov 23 00:00:00 2007
[05:29] {Threei} FORMER FED CHAIR GREENSPAN SAYS POLICY MAKERS MAY NEED TO ADDRESS THE WEAK USD
[05:29] {Threei} - If not for flexibility in the US economy the chances of a recession would be above 50%
[05:29] {Threei} muzzzle... urgent
[05:29] {BillyD} it picks up where we left off
[05:29] {BillyD} good morning
[05:30] {Threei} there should be continuation, shouldn't it
[05:30] {Threei} hi :)
[05:30] {Threei} ummm... continuity
[05:31] {Threei} (CA) FIN MIN FLAHERTY: PLEASED TO SEE C$ AT MORE 'REASONABLE' RANGE
[05:31] {Threei} yeah me too
[05:31] {Threei} akthough I consider $1.50 more reasonable than parity {G}
[05:34] {cosmo} ETFC 4.50 - 4.60 range ...so far
[05:34] {BillyD} "They came to hit tonight," Carpenter said. "I think tonight, we were overmatched."
[05:34] {BillyD} this is the statement from ASU's quarterback after getting beat up last night and an almost concussion
[05:35] {Threei} at first it sounded more like quote from Alice in Wonderland
[05:35] {BillyD} lol
[05:37] {cosmo} it was a mad trukey bowl
[05:37] {BillyD} mad or bad
[05:37] {cosmo} hmm
[05:37] {cosmo} thinking
[05:38] {Threei} oh no
[05:39] {cosmo} it was bad that Barkley left so soon...
[05:39] {Threei} I am having headaches even from simple reading word "thinking"
[05:41] {cosmo} I like the fact that both coaches are good thinkers tho
[05:41] {BillyD} i could Marcus Allen on field but Barkley...
[05:42] {BillyD} USC players were just bigger, stronger and tougher
[05:42] {cosmo} they'd make terrible traders tho
[05:42] {BillyD} couldn't believe
[05:45] {cosmo} they(ASU) might have been caught thinking ahead to UofA
[05:45] {cosmo} hehe ...sorry
[06:09] {dptl} good morning all
[06:10] {BillyD} morning Dp
[06:10] {Threei} dp :)
[06:11] {BillyD} let's see if CPSL gets folllow thru
[06:12] {cosmo} TIBX up-graded fwiw
[06:14] {dptl} so its short day today?
[06:14] {Threei} yes
[06:14] {dptl} ty
[06:15] {Threei} not counting on much... if we get couple safe scalps I'll be satisfied
[06:15] {Threei} a lot of players don't bother today, just take one loong weekend
[06:15] {Threei} the only reason market is open at all is 3 days rule
[06:17] {dino} gm all
[06:17] {BillyD} dino :)
[06:17] {Threei} dino :)
[06:17] {bruce} hello dino
[06:18] {dino} :)
[06:18] {esemde} morning .....
[06:19] {Threei} ese :)
[06:20] {bruce} hi ese
[06:21] {esemde} hi vad bruce.....what is the 3 day rule
[06:21] {Threei} investors must not be left with no access to their money for more than 3 days in a row
[06:21] {esemde} hmmmm i didn't know that....
[06:22] {Threei} so when there is a holiday around the weekend, on Tuesday or on Thursday, instead of having 4 days of holiday they insert half day trading on Mon or Fri
[06:22] {BillyD} didn't realize that included weekends
[06:22] {Threei} this is the only reason we have these half day markets
[06:23] {bruce} is today 1/2 only?
[06:23] {Threei} yes
[06:23] {BillyD} wow....you are full of facts
[06:23] {BillyD} 1pm ET Bruce
[06:23] {bruce} good to know
[06:23] {Threei} problem is billy... they are random and unsorted
[06:23] {bruce} hate to be stuck in trade on close
[06:24] {Threei} so unless you get lucky and ask me right question, I am useless :)
[06:24] {BillyD} I look for patterns Vad
[06:25] {cosmo} ETFC possible double botto..on the daily
[06:25] {Threei} if I adjust to today's market I'll have none {G}
[06:25] {cosmo} bottom
[06:25] {Threei} interested to see if CAST uses this low volume day to jump through resistance
[06:26] {Threei} overall, CAST so far is a classic case of early accumulation stage
[06:26] {BillyD} w/ the buying u would think CAST alreay pop
[06:26] {Threei} not necessary
[06:26] {Threei} early accumulation is a stage where "they" are trying to collect as many shares as possible without attracting attention
[06:27] {BillyD} yes
[06:27] {BillyD} longer the better eh
[06:27] {Threei} so as soon as movement becomes too obvious, price or volume or both wise
[06:27] {Threei} "they" retreat, drop bids, stop buying
[06:27] {Threei} and could even put out offers
[06:27] {Threei} to get the stock off the radars again,
[06:28] {Threei} until "they" are about done accumulating.
[06:28] {Threei} Then the movement will be allowed to become conspicous
[06:28] {Threei} to attract the crowds and provide momentum
[06:29] {BillyD} makes sense
[06:29] {Threei} basics of tape reading...
[06:29] {BillyD} you've seen this before
[06:29] {Threei} speaking of which... don't forget to check latest blog entry
[06:29] {Threei} written out of desperation {G}
[06:29] {Threei} can't see this question anymore without getting all like "what... again???"
[06:30] {Threei} http://www.realitytrader.com/blog/2007/11/whats-in-name-or-what-is-tape-reading.html
[06:30] {bruce} daily on cast only goes back 2 weeks on my charts
[06:30] {Threei} yes, it's one of those relatively new chinese arrivals
[06:31] {Threei} traded on diff market before, started on NASDAQ recently
[06:31] {Threei} there were quite a bit of those recently
[06:32] {Threei} we were going to keep an eye on ZIXI
[06:32] {BillyD} yes
[06:35] {Threei} NUAN long, if 19.50 melts down
[06:35] {Threei} let's see where it bottoms out before triggering
[06:35] {Threei} under .35 I lose interest
[06:38] {Threei} lost
[06:40] {Threei} BRCM half lot short .34
[06:40] {bruce} ltd long vaed?
[06:40] {Threei} .36 trigger bruce
[06:40] {dino} sprd
[06:43] {dino} hl l .81
[06:43] {dino} stop .35
[06:44] {Threei} BRCM stop .46
[06:44] {dino} tighten to .47
[06:45] {Threei} .51 is valid too, but I prefer to keep them very tight today
[06:46] {BillyD} take out that bid we be good
[06:46] {Threei} yeah, .25 is defining
[06:47] {dino} avtr
[06:48] {Threei} moment of truth BRCM
[06:48] {BillyD} doing 1/2
[06:51] {Threei} chart wise, stop can be trailed to .41... but it was so tight to begin with, I'll just leave it where it is
[06:51] {Threei} to decrease the chance of shakeout
[06:51] {BillyD} u going for 1:1 on 1/2
[06:52] {Threei} yeah
[06:52] {Threei} was bidding .21, never got it
[06:52] {BillyD} tried .22 w/ no fill
[06:52] {BillyD} same here initially
[06:52] {Threei} that big bid at .20 kept it
[06:52] {BillyD} bumped up
[06:52] {Threei} and marklet bounce
[06:53] {Threei} (as soon as anyone figures out what markLet is, let me know please)
[06:53] {Threei} bounce was quite pathetic on BRCM
[06:53] {BillyD} out some at .23
[06:54] {Threei} got hit for some at .21
[06:54] {Threei} less than half though
[06:54] {Threei} gotta get it nor
[06:54] {Threei} or not
[06:54] {cosmo} ETFC salmon ...beats turkey
[06:54] {BillyD} bid at .20 getting smaller
[06:54] {Threei} yeah, bidder is having second thoughts
[06:55] {Threei} can't blame him really
[06:55] {Threei} LTD is holding like champ bruce
[06:56] {bruce} so far - yes
[06:57] {Threei} stop to .41 this time on BRCM
[06:57] {BillyD} ok
[06:57] {Threei} cosmo, ETFC CNBC'S FABER: COMPANY IN TALKS TO SELL ITSELF
[06:58] {cosmo} don't we all
[06:58] {Threei} yeah but Faber doesn't talk about us
[06:58] {Threei} for some unknown reason
[06:58] {cosmo} its early
[07:00] {BillyD} ss JADE .49
[07:01] {Threei} lol, I always get amazed when this kind is available for shorting
[07:02] {Threei} wow ETFC
[07:02] {Threei} bravo faber
[07:03] {Threei} we are not getting much conrtinuation on the downside
[07:03] {BillyD} no
[07:05] {Roman} long BRLC
[07:05] {Roman} 2.94 slow
[07:07] {bruce} thoughts on gsk as short continuation vad?
[07:07] {Threei} don't see any etup on it
[07:08] {Roman} CC
[07:08] {Roman} long
[07:08] {Roman} 5.87
[07:09] {Roman} full size
[07:09] {Threei} what's with it Roman?
[07:09] {Roman} mentioned on CNBC
[07:09] {Roman} also possible buyout
[07:09] {Threei} ty
[07:11] {dino} tsl l .35, hl
[07:11] {dino} stop .98
[07:12] {dino} silc pop
[07:17] {_lumdus} nvls was nice setup
[07:20] {BillyD} out BRCM
[07:23] {Threei} NVLS tries 2 days break
[07:23] {Threei} not sure how much we can trust it today
[07:24] {_lumdus} got in, i guess stop .29
[07:24] {Threei} what price did you get on entry?
[07:24] {_lumdus} .33
[07:25] {Threei} not bad for such a tight stop
[07:25] {_lumdus} don't like the action today .. if i get this fine, if not enough watch for me.
[07:25] {Threei} that's the theme of the day
[07:25] {Threei} low volume aumless wandering day
[07:26] {Threei} aimless
[07:26] {BillyD} BRCM just enough to stop Vad
[07:26] {Threei} NVLS looks salmonish
[07:26] {Threei} yeah
[07:27] {BillyD} Vad ? on BRCM setup
[07:27] {bruce} aumless?
[07:28] {Threei} [10:24] {Threei} aimless
[07:28] {BillyD} u didn't put too much thought into shorting it into yesterdays resistance at around .31 area w/ chart showing .20 support
[07:28] {bruce} ah
[07:28] {bruce} hought you meant almless
[07:28] {BillyD} it was a pivotal area from yesterday when I was watching
[07:29] {dino} tsl stopped
[07:29] {Threei} it was just a matter of market help with continuation Billy
[07:29] {_lumdus} nvls keeps consolidating at the top maybe good for another run
[07:30] {hawkfan4} Roman thx for CC, very nice
[07:30] {BillyD} ok..
[07:30] {Roman} out 1/2 CC +.36
[07:30] {Threei} yeah CC is a little gem
[07:30] {Roman} i think it got more
[07:30] {Roman} but need to lock in some profits
[07:31] {Threei} hard pullback ETFC
[07:33] {BillyD} Vad...did you see the reversal on ETFC pb
[07:34] {BillyD} was waiting for another little spike down
[07:34] {Threei} I still don't see it really :)
[07:34] {Threei} low volume bounce
[07:35] {Roman} scalped little ETFC vad, ty
[07:35] {BillyD} I meant the small bounce
[07:35] {Threei} it's a news/speculation driven stock
[07:39] {bruce} any read bont vad?
[07:40] {Threei} not with this volume
[07:40] {bruce} k
[07:40] {bruce} thanx
[07:47] {Threei} RIMM long small, stop under 113
[07:49] {bruce} l rimm .16
[07:58] {BillyD} anyone seeing any follow thru
[07:59] {dino} no
[08:00] {BillyD} ty....thought I was all alone....
[08:00] {BillyD} everyone left early and didn't tell me
[08:01] {esemde} Vad when does the market close our time
[08:02] {Threei} whipping out calculator
[08:02] {esemde} 9:30am
[08:02] {Threei} 1 pm - 3 h diff = 10 am
[08:02] {esemde} ah...ha
[08:04] {Threei} half out RIMM
[08:05] {BillyD} good one
[08:05] {Threei} stop to .09
[08:05] {Threei} and if I were smart I'd just take full scalp
[08:06] {BillyD} you're not?
[08:06] {Threei} apparently {G}
[08:07] {Threei} and here comes proof
[08:08] {BillyD} beauty of the mkt eh
[08:08] {_lumdus} wow that was a quick one, didn't even see it go up
[08:08] {Threei} it spent considerable time avoer .40
[08:09] {Threei} over
[08:11] {bruce} you were right - not much follow through today vad
[08:11] {dino} bidu lod
[08:12] {_lumdus} 3i, yes it did, just when you start trading again takes time to wake up. it's fine
[08:12] {Threei} wake up?
[08:12] {Threei} you mean you are not trading in your sleep?
[08:12] {Threei} I thought we all did
[08:17] {bruce} chnr pop
[08:18] {Threei} no news that I see
[08:18] {dino} hl l wynn .30, stop .89
[08:20] {bruce} bidz is trending today
[08:24] {dino} wynn stopped
[08:24] {bruce} yep - no worky wynn
[08:25] {dino} out sprd flat
[08:25] {dino} s rimm .79
[08:26] {_lumdus} maybe nvls go now
[08:27] {Threei} sure held very well
[08:28] {bruce} cc has held near top as well
[08:29] {_lumdus} i also like nyse stock sometime so i bought f
[08:29] {_lumdus} f = Ford
[08:32] {Threei} CSIQ some activity...
[08:33] {esemde} i stopped following it as per your instructions....will check it out
[08:33] {dino} stopped rimm, i suck today
[08:33] {esemde} well well wel,,,,,
[08:33] {Threei} it got upgraded by someone I've never heard about
[08:34] {bruce} its the market dino - not a lot of big moves today to retrace
[08:34] {esemde} too many analysts out there in my opinion
[08:34] {Threei} if there were 3 of them that would be 3 too many
[08:34] {dino} yeah, should've stayed home.
[08:35] {bruce} analysts are needed
[08:35] {bruce} the market makers use them to manipulate the naive public
[08:37] {esemde} definately....
[08:37] {esemde} or should i say .....indeed
[08:40] {bruce} lol
[08:40] {bruce} and you can add indubitably too ese
[08:41] {esemde} this is classic though.....dump the thing dow 4 bucks or so....institutions fill boots.....upgrade the stock......nahhhhhh...no manipulation in these markets....not at all
[08:41] {bruce} acgy vadster?
[08:41] {dino} tbsi l hl .10
[08:41] {bruce} acgy
[08:41] {bruce} sorry
[08:43] {bruce} remember that "if I hade a hammer" song" ese?
[08:43] {esemde} definately.....
[08:43] {bruce} can hum that tune too
[08:43] {bruce} if I had a nickel
[08:44] {_lumdus} nvls go little boy now !
[08:44] {bruce} for evry analyst fakeout
[08:44] {bruce} I'd be able to retire
[08:44] {bruce} and to buy my own country
[08:45] {bruce} hmm - its catchy
[08:46] {esemde} this is why Vads method of trading is the only way to go...i got tired of ....(use your own expletive deletive here!!!!)...types of trading. nothing but BS as far as i'm concerned
[08:46] * Threei opens his vocabulary of expletives
[08:47] {esemde} i can provide you with a few if you like?
[08:47] {Threei} happily... I lack in english part of it
[08:47] {Threei} russian is very rich though
[08:47] {esemde} vodka induced?
[08:48] {Threei} oh it stands on its own :)
[08:48] {Threei} russian is really really rich in that regard,lol
[08:48] {esemde} indeed.....
[08:49] {_lumdus} nvls to 27 i think
[08:49] {BillyD} nice one lumdus
[08:49] {Threei} very... typical salmon today
[08:50] {_lumdus} how is the volume today ? decent ?
[08:50] {Threei} by no means
[08:50] {esemde} my trading will be very limited for the next month anyway.....busiest time of the year for a musician.....26 events am booked for up until december 22nd.....too many details and things to think about....
[08:50] {Threei} wow
[08:50] {BillyD} out some Hade +.06
[08:50] {BillyD} JADE
[08:51] {BillyD} slow one
[08:51] {esemde} start with TD bank of canada christmas party tomorrow......fundraiser for Queen Alexandria hospital for children monday....and on it goes
[08:52] {dino} have fun w/it ese
[08:52] {esemde} hey.......maybe if i'm on the ball enough...i should ask TDbank if they wouldn't mind funding my trading account???hmmmmm
[08:53] {Threei} sure... but nooo, al you thought about was hot tellers at the party
[08:53] {esemde} tks dino...it is fun...have been doing it all my life
[08:53] {bruce} banks - give money?
[08:53] {Threei} lol... good one bruce
[08:53] {esemde} and they do have some
[08:53] {Threei} oxymoron isn't it
[08:54] {bruce} thats like - "analysts are poor honest folks" ese
[08:54] {esemde} yuk yuk yuk...
[08:56] {Threei} aren't they?
[08:57] {bruce} you bet vad
[08:57] {bruce} just ask any market maker
[08:57] {bruce} acgy continues
[09:05] {Roman} out CC in full
[09:05] {bruce} congrats roman
[09:06] {bruce} at the risk of missing a huge market move -
[09:06] {bruce} I'm going to call it a week here
[09:06] {Threei} I really doubt you are going to miss anything bruce
[09:07] {bruce} my thoughts too
[09:07] {bruce} have a great weekend all
[09:07] {bruce} see you monday
[09:07] {Threei} take care bruce
[09:07] {BillyD} cya
[09:07] {Roman} later bruce
[09:09] {Threei} you partialed any on NVLS, lumdus?
[09:10] {_lumdus} no not yet
[09:11] {_lumdus} but my stop is now .57 so locked in some nice profit
[09:12] {esemde} CSIG?...
[09:13] {esemde} THIN VOLUME
[09:16] {Threei} ETFC is trying again
[09:17] {Threei} 5.41 worth a try for scalp with .34 stop
[09:21] {_lumdus} nvls reloading again
[09:23] {BillyD} out rest JADE +.08...
[09:23] {Roman} market closes at 1:00 p.m. EST today?
[09:23] {BillyD} tes
[09:24] {Roman} ty
[09:24] {BillyD} yes
[09:25] {Threei} MLNM interesting
[09:29] {_lumdus} nvls & f starting to work
[09:31] {_lumdus} we close early today ?
[09:32] {Threei} [12:21] {Roman} market closes at 1:00 p.m. EST today?
[09:32] {Threei} [12:22] {BillyD} yes
[09:32] {_lumdus} thank you .. missed
[09:32] {_lumdus} 3i, you think EOD rally comming ?
[09:33] {Threei} equal chance for a drop
[09:34] {Threei} anyone's guess on a low volume holiday day
[09:34] {_lumdus} ok, i make close stop on nvls .67
[09:44] {_lumdus} stop on nvls .74 now
[09:46] {esemde} man...what was that upgrade on CSIQ....
[09:46] {Threei} I doubt it's an effect of that upgrade
[09:47] {esemde} NQ?
[09:47] {Threei} today is hard to use as an indicator, volume is too low
[09:47] {_lumdus} ok,
[09:47] {Threei} overall, CSIQ hit sweet spot for bounce, and as we discussed earlier, it's far from being done most likely
[09:48] {Threei} what I like about today's move on it though
[09:48] {Threei} it was sustainable slow steady move
[09:48] {Threei} no hysterical scream
[09:48] {esemde} so you figure more upward potential
[09:49] {Threei} sooner or later, yes... just hard to tell if it found the support yet
[09:49] {Threei} were today normal trading day I would say confidently yes
[09:49] {_lumdus} out nvls .85 nice weekedn all
[09:49] {Threei} good job lumdus
[09:49] {Threei} have a good one
[09:50] {_lumdus} thank you
[09:50] {dino} out tbsi .01 -.09
[09:50] {dino} calling it a week. taking monday and tuesday off.
[09:50] {dino} gj limdus
[09:51] {Threei} take care dino, get your rest
[09:51] {BillyD} cya dino
[09:52] {dino} thx
[09:55] {Threei} ok guys, thak you all, have a great weekend
[09:55] {Threei} see you LL ON mONDAY
[09:55] {BillyD} u 2
[09:55] {dptl} see ya monday :)
[09:56] {cosmo} what's a LL?
[09:56] {Threei} all with caps lock hit instead of A
[09:56] {Threei} which omitted a and capitalized LL
[09:56] {cosmo} sheesh
[09:57] {Threei} you asked :)
[09:57] {cosmo} :)
Session Time: Fri Nov 23 00:00:00 2007
Session Close: Thu Nov 22 13:08:34 2007
Session Start: Fri Nov 23 00:00:00 2007
Session Time: Fri Nov 23 00:00:00 2007
[05:29] {Threei} FORMER FED CHAIR GREENSPAN SAYS POLICY MAKERS MAY NEED TO ADDRESS THE WEAK USD
[05:29] {Threei} - If not for flexibility in the US economy the chances of a recession would be above 50%
[05:29] {Threei} muzzzle... urgent
[05:29] {BillyD} it picks up where we left off
[05:29] {BillyD} good morning
[05:30] {Threei} there should be continuation, shouldn't it
[05:30] {Threei} hi :)
[05:30] {Threei} ummm... continuity
[05:31] {Threei} (CA) FIN MIN FLAHERTY: PLEASED TO SEE C$ AT MORE 'REASONABLE' RANGE
[05:31] {Threei} yeah me too
[05:31] {Threei} akthough I consider $1.50 more reasonable than parity {G}
[05:34] {cosmo} ETFC 4.50 - 4.60 range ...so far
[05:34] {BillyD} "They came to hit tonight," Carpenter said. "I think tonight, we were overmatched."
[05:34] {BillyD} this is the statement from ASU's quarterback after getting beat up last night and an almost concussion
[05:35] {Threei} at first it sounded more like quote from Alice in Wonderland
[05:35] {BillyD} lol
[05:37] {cosmo} it was a mad trukey bowl
[05:37] {BillyD} mad or bad
[05:37] {cosmo} hmm
[05:37] {cosmo} thinking
[05:38] {Threei} oh no
[05:39] {cosmo} it was bad that Barkley left so soon...
[05:39] {Threei} I am having headaches even from simple reading word "thinking"
[05:41] {cosmo} I like the fact that both coaches are good thinkers tho
[05:41] {BillyD} i could Marcus Allen on field but Barkley...
[05:42] {BillyD} USC players were just bigger, stronger and tougher
[05:42] {cosmo} they'd make terrible traders tho
[05:42] {BillyD} couldn't believe
[05:45] {cosmo} they(ASU) might have been caught thinking ahead to UofA
[05:45] {cosmo} hehe ...sorry
[06:09] {dptl} good morning all
[06:10] {BillyD} morning Dp
[06:10] {Threei} dp :)
[06:11] {BillyD} let's see if CPSL gets folllow thru
[06:12] {cosmo} TIBX up-graded fwiw
[06:14] {dptl} so its short day today?
[06:14] {Threei} yes
[06:14] {dptl} ty
[06:15] {Threei} not counting on much... if we get couple safe scalps I'll be satisfied
[06:15] {Threei} a lot of players don't bother today, just take one loong weekend
[06:15] {Threei} the only reason market is open at all is 3 days rule
[06:17] {dino} gm all
[06:17] {BillyD} dino :)
[06:17] {Threei} dino :)
[06:17] {bruce} hello dino
[06:18] {dino} :)
[06:18] {esemde} morning .....
[06:19] {Threei} ese :)
[06:20] {bruce} hi ese
[06:21] {esemde} hi vad bruce.....what is the 3 day rule
[06:21] {Threei} investors must not be left with no access to their money for more than 3 days in a row
[06:21] {esemde} hmmmm i didn't know that....
[06:22] {Threei} so when there is a holiday around the weekend, on Tuesday or on Thursday, instead of having 4 days of holiday they insert half day trading on Mon or Fri
[06:22] {BillyD} didn't realize that included weekends
[06:22] {Threei} this is the only reason we have these half day markets
[06:23] {bruce} is today 1/2 only?
[06:23] {Threei} yes
[06:23] {BillyD} wow....you are full of facts
[06:23] {BillyD} 1pm ET Bruce
[06:23] {bruce} good to know
[06:23] {Threei} problem is billy... they are random and unsorted
[06:23] {bruce} hate to be stuck in trade on close
[06:24] {Threei} so unless you get lucky and ask me right question, I am useless :)
[06:24] {BillyD} I look for patterns Vad
[06:25] {cosmo} ETFC possible double botto..on the daily
[06:25] {Threei} if I adjust to today's market I'll have none {G}
[06:25] {cosmo} bottom
[06:25] {Threei} interested to see if CAST uses this low volume day to jump through resistance
[06:26] {Threei} overall, CAST so far is a classic case of early accumulation stage
[06:26] {BillyD} w/ the buying u would think CAST alreay pop
[06:26] {Threei} not necessary
[06:26] {Threei} early accumulation is a stage where "they" are trying to collect as many shares as possible without attracting attention
[06:27] {BillyD} yes
[06:27] {BillyD} longer the better eh
[06:27] {Threei} so as soon as movement becomes too obvious, price or volume or both wise
[06:27] {Threei} "they" retreat, drop bids, stop buying
[06:27] {Threei} and could even put out offers
[06:27] {Threei} to get the stock off the radars again,
[06:28] {Threei} until "they" are about done accumulating.
[06:28] {Threei} Then the movement will be allowed to become conspicous
[06:28] {Threei} to attract the crowds and provide momentum
[06:29] {BillyD} makes sense
[06:29] {Threei} basics of tape reading...
[06:29] {BillyD} you've seen this before
[06:29] {Threei} speaking of which... don't forget to check latest blog entry
[06:29] {Threei} written out of desperation {G}
[06:29] {Threei} can't see this question anymore without getting all like "what... again???"
[06:30] {Threei} http://www.realitytrader.com/blog/2007/11/whats-in-name-or-what-is-tape-reading.html
[06:30] {bruce} daily on cast only goes back 2 weeks on my charts
[06:30] {Threei} yes, it's one of those relatively new chinese arrivals
[06:31] {Threei} traded on diff market before, started on NASDAQ recently
[06:31] {Threei} there were quite a bit of those recently
[06:32] {Threei} we were going to keep an eye on ZIXI
[06:32] {BillyD} yes
[06:35] {Threei} NUAN long, if 19.50 melts down
[06:35] {Threei} let's see where it bottoms out before triggering
[06:35] {Threei} under .35 I lose interest
[06:38] {Threei} lost
[06:40] {Threei} BRCM half lot short .34
[06:40] {bruce} ltd long vaed?
[06:40] {Threei} .36 trigger bruce
[06:40] {dino} sprd
[06:43] {dino} hl l .81
[06:43] {dino} stop .35
[06:44] {Threei} BRCM stop .46
[06:44] {dino} tighten to .47
[06:45] {Threei} .51 is valid too, but I prefer to keep them very tight today
[06:46] {BillyD} take out that bid we be good
[06:46] {Threei} yeah, .25 is defining
[06:47] {dino} avtr
[06:48] {Threei} moment of truth BRCM
[06:48] {BillyD} doing 1/2
[06:51] {Threei} chart wise, stop can be trailed to .41... but it was so tight to begin with, I'll just leave it where it is
[06:51] {Threei} to decrease the chance of shakeout
[06:51] {BillyD} u going for 1:1 on 1/2
[06:52] {Threei} yeah
[06:52] {Threei} was bidding .21, never got it
[06:52] {BillyD} tried .22 w/ no fill
[06:52] {BillyD} same here initially
[06:52] {Threei} that big bid at .20 kept it
[06:52] {BillyD} bumped up
[06:52] {Threei} and marklet bounce
[06:53] {Threei} (as soon as anyone figures out what markLet is, let me know please)
[06:53] {Threei} bounce was quite pathetic on BRCM
[06:53] {BillyD} out some at .23
[06:54] {Threei} got hit for some at .21
[06:54] {Threei} less than half though
[06:54] {Threei} gotta get it nor
[06:54] {Threei} or not
[06:54] {cosmo} ETFC salmon ...beats turkey
[06:54] {BillyD} bid at .20 getting smaller
[06:54] {Threei} yeah, bidder is having second thoughts
[06:55] {Threei} can't blame him really
[06:55] {Threei} LTD is holding like champ bruce
[06:56] {bruce} so far - yes
[06:57] {Threei} stop to .41 this time on BRCM
[06:57] {BillyD} ok
[06:57] {Threei} cosmo, ETFC CNBC'S FABER: COMPANY IN TALKS TO SELL ITSELF
[06:58] {cosmo} don't we all
[06:58] {Threei} yeah but Faber doesn't talk about us
[06:58] {Threei} for some unknown reason
[06:58] {cosmo} its early
[07:00] {BillyD} ss JADE .49
[07:01] {Threei} lol, I always get amazed when this kind is available for shorting
[07:02] {Threei} wow ETFC
[07:02] {Threei} bravo faber
[07:03] {Threei} we are not getting much conrtinuation on the downside
[07:03] {BillyD} no
[07:05] {Roman} long BRLC
[07:05] {Roman} 2.94 slow
[07:07] {bruce} thoughts on gsk as short continuation vad?
[07:07] {Threei} don't see any etup on it
[07:08] {Roman} CC
[07:08] {Roman} long
[07:08] {Roman} 5.87
[07:09] {Roman} full size
[07:09] {Threei} what's with it Roman?
[07:09] {Roman} mentioned on CNBC
[07:09] {Roman} also possible buyout
[07:09] {Threei} ty
[07:11] {dino} tsl l .35, hl
[07:11] {dino} stop .98
[07:12] {dino} silc pop
[07:17] {_lumdus} nvls was nice setup
[07:20] {BillyD} out BRCM
[07:23] {Threei} NVLS tries 2 days break
[07:23] {Threei} not sure how much we can trust it today
[07:24] {_lumdus} got in, i guess stop .29
[07:24] {Threei} what price did you get on entry?
[07:24] {_lumdus} .33
[07:25] {Threei} not bad for such a tight stop
[07:25] {_lumdus} don't like the action today .. if i get this fine, if not enough watch for me.
[07:25] {Threei} that's the theme of the day
[07:25] {Threei} low volume aumless wandering day
[07:26] {Threei} aimless
[07:26] {BillyD} BRCM just enough to stop Vad
[07:26] {Threei} NVLS looks salmonish
[07:26] {Threei} yeah
[07:27] {BillyD} Vad ? on BRCM setup
[07:27] {bruce} aumless?
[07:28] {Threei} [10:24] {Threei} aimless
[07:28] {BillyD} u didn't put too much thought into shorting it into yesterdays resistance at around .31 area w/ chart showing .20 support
[07:28] {bruce} ah
[07:28] {bruce} hought you meant almless
[07:28] {BillyD} it was a pivotal area from yesterday when I was watching
[07:29] {dino} tsl stopped
[07:29] {Threei} it was just a matter of market help with continuation Billy
[07:29] {_lumdus} nvls keeps consolidating at the top maybe good for another run
[07:30] {hawkfan4} Roman thx for CC, very nice
[07:30] {BillyD} ok..
[07:30] {Roman} out 1/2 CC +.36
[07:30] {Threei} yeah CC is a little gem
[07:30] {Roman} i think it got more
[07:30] {Roman} but need to lock in some profits
[07:31] {Threei} hard pullback ETFC
[07:33] {BillyD} Vad...did you see the reversal on ETFC pb
[07:34] {BillyD} was waiting for another little spike down
[07:34] {Threei} I still don't see it really :)
[07:34] {Threei} low volume bounce
[07:35] {Roman} scalped little ETFC vad, ty
[07:35] {BillyD} I meant the small bounce
[07:35] {Threei} it's a news/speculation driven stock
[07:39] {bruce} any read bont vad?
[07:40] {Threei} not with this volume
[07:40] {bruce} k
[07:40] {bruce} thanx
[07:47] {Threei} RIMM long small, stop under 113
[07:49] {bruce} l rimm .16
[07:58] {BillyD} anyone seeing any follow thru
[07:59] {dino} no
[08:00] {BillyD} ty....thought I was all alone....
[08:00] {BillyD} everyone left early and didn't tell me
[08:01] {esemde} Vad when does the market close our time
[08:02] {Threei} whipping out calculator
[08:02] {esemde} 9:30am
[08:02] {Threei} 1 pm - 3 h diff = 10 am
[08:02] {esemde} ah...ha
[08:04] {Threei} half out RIMM
[08:05] {BillyD} good one
[08:05] {Threei} stop to .09
[08:05] {Threei} and if I were smart I'd just take full scalp
[08:06] {BillyD} you're not?
[08:06] {Threei} apparently {G}
[08:07] {Threei} and here comes proof
[08:08] {BillyD} beauty of the mkt eh
[08:08] {_lumdus} wow that was a quick one, didn't even see it go up
[08:08] {Threei} it spent considerable time avoer .40
[08:09] {Threei} over
[08:11] {bruce} you were right - not much follow through today vad
[08:11] {dino} bidu lod
[08:12] {_lumdus} 3i, yes it did, just when you start trading again takes time to wake up. it's fine
[08:12] {Threei} wake up?
[08:12] {Threei} you mean you are not trading in your sleep?
[08:12] {Threei} I thought we all did
[08:17] {bruce} chnr pop
[08:18] {Threei} no news that I see
[08:18] {dino} hl l wynn .30, stop .89
[08:20] {bruce} bidz is trending today
[08:24] {dino} wynn stopped
[08:24] {bruce} yep - no worky wynn
[08:25] {dino} out sprd flat
[08:25] {dino} s rimm .79
[08:26] {_lumdus} maybe nvls go now
[08:27] {Threei} sure held very well
[08:28] {bruce} cc has held near top as well
[08:29] {_lumdus} i also like nyse stock sometime so i bought f
[08:29] {_lumdus} f = Ford
[08:32] {Threei} CSIQ some activity...
[08:33] {esemde} i stopped following it as per your instructions....will check it out
[08:33] {dino} stopped rimm, i suck today
[08:33] {esemde} well well wel,,,,,
[08:33] {Threei} it got upgraded by someone I've never heard about
[08:34] {bruce} its the market dino - not a lot of big moves today to retrace
[08:34] {esemde} too many analysts out there in my opinion
[08:34] {Threei} if there were 3 of them that would be 3 too many
[08:34] {dino} yeah, should've stayed home.
[08:35] {bruce} analysts are needed
[08:35] {bruce} the market makers use them to manipulate the naive public
[08:37] {esemde} definately....
[08:37] {esemde} or should i say .....indeed
[08:40] {bruce} lol
[08:40] {bruce} and you can add indubitably too ese
[08:41] {esemde} this is classic though.....dump the thing dow 4 bucks or so....institutions fill boots.....upgrade the stock......nahhhhhh...no manipulation in these markets....not at all
[08:41] {bruce} acgy vadster?
[08:41] {dino} tbsi l hl .10
[08:41] {bruce} acgy
[08:41] {bruce} sorry
[08:43] {bruce} remember that "if I hade a hammer" song" ese?
[08:43] {esemde} definately.....
[08:43] {bruce} can hum that tune too
[08:43] {bruce} if I had a nickel
[08:44] {_lumdus} nvls go little boy now !
[08:44] {bruce} for evry analyst fakeout
[08:44] {bruce} I'd be able to retire
[08:44] {bruce} and to buy my own country
[08:45] {bruce} hmm - its catchy
[08:46] {esemde} this is why Vads method of trading is the only way to go...i got tired of ....(use your own expletive deletive here!!!!)...types of trading. nothing but BS as far as i'm concerned
[08:46] * Threei opens his vocabulary of expletives
[08:47] {esemde} i can provide you with a few if you like?
[08:47] {Threei} happily... I lack in english part of it
[08:47] {Threei} russian is very rich though
[08:47] {esemde} vodka induced?
[08:48] {Threei} oh it stands on its own :)
[08:48] {Threei} russian is really really rich in that regard,lol
[08:48] {esemde} indeed.....
[08:49] {_lumdus} nvls to 27 i think
[08:49] {BillyD} nice one lumdus
[08:49] {Threei} very... typical salmon today
[08:50] {_lumdus} how is the volume today ? decent ?
[08:50] {Threei} by no means
[08:50] {esemde} my trading will be very limited for the next month anyway.....busiest time of the year for a musician.....26 events am booked for up until december 22nd.....too many details and things to think about....
[08:50] {Threei} wow
[08:50] {BillyD} out some Hade +.06
[08:50] {BillyD} JADE
[08:51] {BillyD} slow one
[08:51] {esemde} start with TD bank of canada christmas party tomorrow......fundraiser for Queen Alexandria hospital for children monday....and on it goes
[08:52] {dino} have fun w/it ese
[08:52] {esemde} hey.......maybe if i'm on the ball enough...i should ask TDbank if they wouldn't mind funding my trading account???hmmmmm
[08:53] {Threei} sure... but nooo, al you thought about was hot tellers at the party
[08:53] {esemde} tks dino...it is fun...have been doing it all my life
[08:53] {bruce} banks - give money?
[08:53] {Threei} lol... good one bruce
[08:53] {esemde} and they do have some
[08:53] {Threei} oxymoron isn't it
[08:54] {bruce} thats like - "analysts are poor honest folks" ese
[08:54] {esemde} yuk yuk yuk...
[08:56] {Threei} aren't they?
[08:57] {bruce} you bet vad
[08:57] {bruce} just ask any market maker
[08:57] {bruce} acgy continues
[09:05] {Roman} out CC in full
[09:05] {bruce} congrats roman
[09:06] {bruce} at the risk of missing a huge market move -
[09:06] {bruce} I'm going to call it a week here
[09:06] {Threei} I really doubt you are going to miss anything bruce
[09:07] {bruce} my thoughts too
[09:07] {bruce} have a great weekend all
[09:07] {bruce} see you monday
[09:07] {Threei} take care bruce
[09:07] {BillyD} cya
[09:07] {Roman} later bruce
[09:09] {Threei} you partialed any on NVLS, lumdus?
[09:10] {_lumdus} no not yet
[09:11] {_lumdus} but my stop is now .57 so locked in some nice profit
[09:12] {esemde} CSIG?...
[09:13] {esemde} THIN VOLUME
[09:16] {Threei} ETFC is trying again
[09:17] {Threei} 5.41 worth a try for scalp with .34 stop
[09:21] {_lumdus} nvls reloading again
[09:23] {BillyD} out rest JADE +.08...
[09:23] {Roman} market closes at 1:00 p.m. EST today?
[09:23] {BillyD} tes
[09:24] {Roman} ty
[09:24] {BillyD} yes
[09:25] {Threei} MLNM interesting
[09:29] {_lumdus} nvls & f starting to work
[09:31] {_lumdus} we close early today ?
[09:32] {Threei} [12:21] {Roman} market closes at 1:00 p.m. EST today?
[09:32] {Threei} [12:22] {BillyD} yes
[09:32] {_lumdus} thank you .. missed
[09:32] {_lumdus} 3i, you think EOD rally comming ?
[09:33] {Threei} equal chance for a drop
[09:34] {Threei} anyone's guess on a low volume holiday day
[09:34] {_lumdus} ok, i make close stop on nvls .67
[09:44] {_lumdus} stop on nvls .74 now
[09:46] {esemde} man...what was that upgrade on CSIQ....
[09:46] {Threei} I doubt it's an effect of that upgrade
[09:47] {esemde} NQ?
[09:47] {Threei} today is hard to use as an indicator, volume is too low
[09:47] {_lumdus} ok,
[09:47] {Threei} overall, CSIQ hit sweet spot for bounce, and as we discussed earlier, it's far from being done most likely
[09:48] {Threei} what I like about today's move on it though
[09:48] {Threei} it was sustainable slow steady move
[09:48] {Threei} no hysterical scream
[09:48] {esemde} so you figure more upward potential
[09:49] {Threei} sooner or later, yes... just hard to tell if it found the support yet
[09:49] {Threei} were today normal trading day I would say confidently yes
[09:49] {_lumdus} out nvls .85 nice weekedn all
[09:49] {Threei} good job lumdus
[09:49] {Threei} have a good one
[09:50] {_lumdus} thank you
[09:50] {dino} out tbsi .01 -.09
[09:50] {dino} calling it a week. taking monday and tuesday off.
[09:50] {dino} gj limdus
[09:51] {Threei} take care dino, get your rest
[09:51] {BillyD} cya dino
[09:52] {dino} thx
[09:55] {Threei} ok guys, thak you all, have a great weekend
[09:55] {Threei} see you LL ON mONDAY
[09:55] {BillyD} u 2
[09:55] {dptl} see ya monday :)
[09:56] {cosmo} what's a LL?
[09:56] {Threei} all with caps lock hit instead of A
[09:56] {Threei} which omitted a and capitalized LL
[09:56] {cosmo} sheesh
[09:57] {Threei} you asked :)
[09:57] {cosmo} :)
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