January 23, 2008

Session Start: Wed Jan 23 00:00:00 2008

Session Time: Wed Jan 23 00:00:00 2008

[05:25] {Threei} Another day, another drop...
[05:26] {_pith} where are future at this morning
[05:27] {Threei} NQ - 63
[05:27] {Threei} AAPL warning kills market this time
[05:28] {_pith} wish I were trading this morning
[05:28] {Threei} isn't it funny... fed intervention, as urgent and as big as it was is rendered totally useless by market after one company report
[05:28] {_pith} market wants to go down..just let it and be done with it
[05:29] {Threei} but nooo... we need to cut down rates to zero, preparing the next destabilizing cycle
[05:29] {Threei} giving birth to another bubble, who knows in which indistry this time
[05:30] {Threei} this whole concept of series of tightening, then cuts, then tightening...
[05:31] {Threei} and it's being done every month, as if anyone has real time data, or as if feedback from previous movements worked its way through economy yet
[05:34] {_pith} just think, if rates get down to zero.. there will no longer be any sub prime loans:)
[05:34] {Threei} I will wait till they cut rates to negative
[05:35] {Threei} the idea of bank paying me for taking a loan inspires me
[05:36] {_pith} now theres incentive
[05:36] {Threei} - 5% annual will do
[05:37] {Threei} "fine, fine, I'll take out 10 mil for 10 years at fixed -5%, just stop calling"
[05:38] {_pith} would lending tree still have 4 banks competing for you loan?
[05:39] {Threei} why compete... I"ll gladly take 10 mil from each of them {G}
[05:40] {cosmo} hmm ... a bank bubble coming?
[05:40] {Threei} some bubble is coming for sure
[05:41] {Threei} fed succeeded in creating housing bubble, why woudn;t they apply their new-obtained skill to something else
[05:41] {cosmo} soap?
[05:43] {Threei} Raven... do you join me in drive to abolish fed?
[05:45] {Raven} that is too heavy for me this early ....
[05:45] {Threei} it's a room-wide drive
[05:46] {Threei} and come on... to abolish fed before morning coffee, it's just another day in the office
[05:46] {lumdus} good morning all.
[05:46] {Threei} hi lum
[05:46] {lumdus} How was the day yesterday, I didn't bother to look.
[05:47] {Threei} heavy beating in the market
[05:47] {Threei} but you missed nothing as beating continues today, lol
[05:47] {lumdus} ok cool
[05:48] {cosmo} it rained here
[05:48] {Threei} a lot of brokers had problems yesterday, there were reports about yours being one of them... so maybe good thing you skipped a day
[05:48] {Threei} and be careful today
[05:48] {lumdus} really tx for letting me know
[05:48] {Threei} watch quotes closely, to not get caught in a trade with no data or exit door
[05:48] {Threei} if feel that something sticks, ask for quote confirmation
[05:49] {lumdus} 3i, how was your broker ?
[05:49] {Threei} flawless
[05:49] {lumdus} good
[05:49] {Threei} was happy to see it, such days as yesterday is a great test
[05:49] {cosmo} HGSI pre mkt high = 8 fwiw
[05:50] {lumdus} yeah, i am wroking with dave to get the demo running for me
[05:51] {Threei} hmmm
[05:51] {Threei} [08:51] -RealityTrader.chat.server- *** Notice -- Client connecting on port 7044: magoo (RealityTra@XXXXX.har.choiceone.net)
[05:51] {Threei} -----------
[05:51] {Threei} [08:51] -RealityTrader.chat.server- *** Notice -- Client exiting: magoo (RealityTra@XXXXX.har.choiceone.net) [Realitytrader.com]
[05:51] {Threei} magoo saw the futures and left in deep disgust :)
[05:52] {cosmo} VRTX tries to hold 20
[05:55] {cosmo} QID up 7.5% fyi
[06:03] {Threei} poor AAPL
[06:03] {Threei} digital toasters do not get recognition
[06:03] {dptl} good morning all
[06:03] {Threei} dp :)
[06:04] {dino} gm all
[06:04] {Threei} dino :)
[06:05] {magoo} morning
[06:06] {Threei} mags
[06:06] {esemde} morning rt's..... s&p's down 20 again.....
[06:06] {Threei} and NQ - 65 ese
[06:06] {esemde} morning magoo
[06:06] {Threei} can we have another rate cut this fine morning?
[06:06] {dino} next bubble will be housing/real estate again, imo. right now the 30 year is close to all time lows. they must re-inflate, imo
[06:06] {esemde} i doubt
[06:07] {esemde} it
[06:07] {dino} 2009 watch
[06:07] {Threei} too bad, I'd take it with mayo
[06:07] {Threei} that was my first thought dino, as rates sure push in that direction
[06:07] {Threei} the only thing is, second time in a row?
[06:08] {magoo} i just wanna bank 1 grande today..don't care about anything else..very limited "daytrader focus" he he
[06:08] {dino} it's all cycles. we are back to the flood the world w/cheap $
[06:08] {Threei} people feel "it happened already and burned us", and banks won't be as generous for questionable loans
[06:09] {dino} there's always some new hotshots
[06:09] {magoo} the girl on cnbc just said"aapl potentially just caused a bear mkt" SIGH
[06:09] {dino} nothing really changes
[06:09] {magoo} yeah, its all aapl's fault
[06:09] {Threei} magoo - as opposite to other days when you have worldwide focus and try to fix whole slew of things, from stravation in 3rd world to universe expansion?
[06:10] {magoo} OY he he
[06:10] {Threei} that's one very sensitive bear, easily to impress eh? if AAPL could cause bear market...
[06:11] {Threei} easily = easy
[06:11] {Threei} I guess
[06:11] {dino} w/50% growth
[06:11] {esemde} if the market comes back today like it did yesterday....thats ahuge sign in my opinion
[06:13] {Threei} hmmm
[06:13] {Threei} canadian TV just said:
[06:13] {dino} end of days, es? lol
[06:13] {Threei} if you are looking to get out of stock market, is real estae good idea?
[06:13] {Threei} weaiting for after commercial break, if they say yes it is - bottom is found {G}
[06:13] {esemde} in my opinion....yes
[06:14] {esemde} but....what do I know
[06:14] {dino} seriously, very soon. look to foreclosures, or contact your bankers find out what they have to dump. ex: a $100k nonperforming, flipped to you for $50k = $150k positive swing for the bank/and regulators
[06:15] {dino} you get great deals
[06:15] {cosmo} omg
[06:15] {Threei} not in Canada, dino
[06:15] {patience} dino, victoria real estate still booming and going up in price.
[06:16] {patience} wish i could pick up underpriced real estate
[06:16] {dino} could be, i'm talking my area from experience
[06:16] {esemde} was just gonna say that...not in Canada
[06:17] {esemde} don't know about you patience but my oak bay taxes just went up huge
[06:17] {patience} how rude
[06:17] {esemde} your in saanich right....?
[06:17] {patience} oak bay, uplands gold course
[06:17] {patience} golf
[06:18] {esemde} hmmmmm
[06:21] {Threei} AAPL, resistance formed at 138.5 so far
[06:22] {esemde} takin a beating.....people don't like the ultra thin computor I guess
[06:22] {Threei} who would
[06:23] {Threei} youy get a lot of paper cuts
[06:23] {Threei} and it's not water-resistant so can't use it as a razor
[06:23] {esemde} ha ha ha
[06:26] {Threei} if AAPl spikes sharply at the open as it often tends to do, look for short opportunity
[06:26] {Threei} small shares, volatility is huge
[06:26] {Threei} and will be most likely too fast to alert in time
[06:29] {magoo} wow..really selling into open tho
[06:29] {dino} well they took 150 pts off of fslr, why not aapl
[06:30] {Threei} ding ding
[06:30] {Threei} RIMM bounce... another short candidate
[06:32] {Threei} AAPL is coming into resistance
[06:32] {magoo} aapl bouncing
[06:33] {Threei} here, IMO
[06:33] {magoo} where u thinking vads?
[06:33] {dino} opps, forgot to put the tunes on
[06:33] {Threei} in
[06:34] {Threei} .70, stop over 140
[06:34] {Threei} half out +.90
[06:34] {Threei} grrr, missed RIMM near 85.50
[06:35] {lumdus} stp on rimm ?
[06:35] {lumdus} missed appl
[06:35] {Threei} out second half AAPL
[06:35] {lumdus} 3i, rimm stop ??
[06:35] {lumdus} i got 85.21
[06:35] {Threei} over 85.50
[06:35] {lumdus} out 1/2 lock in rest .50 stop
[06:36] {Threei} wtg
[06:36] {dino} gj
[06:36] {lumdus} maybe stop even . don't be greedy
[06:36] {lumdus} pigs get slaughtered
[06:37] {Threei} {pigs} huh?
[06:37] {lumdus} yeah, if i am a pig no good.
[06:37] {Threei} ugh... too bad AAPL scared my second half
[06:37] {lumdus} stop on rimm ..80
[06:37] {magoo} vad, curious.how many shares? i took 200
[06:37] {lumdus} great job 3i on rimm tx
[06:38] {Threei} 400
[06:38] {magoo} i out 137.79
[06:38] {Threei} good job guys
[06:38] {magoo} ok, i only 200
[06:38] {lumdus} out rest rimm + .55
[06:38] {Threei} well, I profited on 200 only, so... :)
[06:38] {Roman} long MBI
[06:38] {Roman} 12.05 small
[06:39] {Threei} LLNW?
[06:39] {Threei} I sewe no news
[06:40] {Threei} disregard, bs spike on low volume puker
[06:40] {magoo} u have any opinion of the stock lol?
[06:40] {Threei} watching CREE
[06:41] {Threei} only negative ones, mags :)
[06:41] {magoo} cree good report last nite
[06:41] {Threei} and it covers whole universe of stocks
[06:41] {Threei} watching for pullback long
[06:42] {Threei} 01/22/08 04:01pm [CREE] Reports Q2 $0.14 v $0.06e, R $119M v $116M
[06:42] {lumdus} in toll
[06:42] {Threei} 26.5 would be da best
[06:42] {Roman} in WM
[06:42] {Threei} probably unrealistic though :)
[06:42] {Roman} 14.15
[06:43] {Roman} LEN looks good
[06:43] {dino} ivgn sm l .95
[06:44] {Threei} .35 small shares long CREE
[06:44] {lumdus} in bac
[06:44] {dino} stop is .49
[06:44] {Threei} invalidated
[06:44] {Threei} pullback buy back on the table
[06:45] {dino} stopped slippage at .39
[06:45] {Threei} let it drop under 27
[06:45] {bruce} -.47 for me dino
[06:46] {dino} mkt dropped on us
[06:46] {Threei} GRMN
[06:46] {bruce} yes - quick move
[06:46] {Threei} watch for long on pullback
[06:47] {magoo} we in cree?
[06:47] {Threei} no... wanted it under 27
[06:47] {magoo} ok, ty, phone call disrupted me
[06:48] {esemde} Scon
[06:48] {Threei} 28 break long CREE
[06:49] {magoo} grmn entry u looking for?
[06:49] {Threei} if loses .50, back to pullback under 27 idea
[06:49] {Threei} not sure yet on GRMN
[06:49] {magoo} ok
[06:49] {magoo} gonna depend on mkt
[06:51] {Threei} 60.25 GRMN if stays above 60
[06:51] {dino} blog l .97, stop .67
[06:51] {Roman} GOOG long setup
[06:51] {Roman} capit play
[06:52] {Roman} bidding 554.5
[06:52] {Threei} double lot?
[06:53] {Roman} 200 shares
[06:53] {magoo} i gotta go ask dave for more margin
[06:53] {Roman} damit
[06:53] {magoo} 50 : 1
[06:53] {dino} darn ivgn
[06:53] {magoo} in grm
[06:55] {Threei} GRMN, north is over there
[06:56] {Threei} now you got it... sheesh, those gps manufacturers
[06:56] {dino} blog stop to b/e
[06:56] {esemde} long CREE .60 small
[06:56] {magoo} out .58 TY vad
[06:56] {Threei} half out
[06:57] {Threei} welcome sir
[06:57] {magoo} u know me full out
[06:57] {Threei} XMSR
[06:57] {lumdus} FE strong
[06:57] {Threei} TICKING HIGHER ON CHATTER SIRI DEAL MAY RECEIVE DOJ AND FCC APPROVAL SHORTLY
[06:57] {Threei} out GRMN in full
[06:57] {dptl} out.93 grmn ty
[06:58] {Threei} +1.15
[06:58] {Threei} high five dp
[06:58] {magoo} beauty
[06:58] {esemde} outOUT CREE .24 +.64
[06:58] {Threei} good one ese
[06:58] {dino} msft l .50, stop .24
[06:58] {esemde} tks for the heads up
[06:58] {Threei} missed CREE being focused on GRMN
[06:58] {magoo} yeah
[06:58] {magoo} me too
[06:59] {Roman} short SPY
[06:59] {Roman} 129.40
[06:59] {Threei} anf they say garmin leads you by itself
[06:59] {magoo} grmn requires all of my limited attention abilities
[06:59] {Threei} limited are better than non-existent mags... you are in more favorable position vs me
[07:00] {dino} bruce blog 1/1 on your own
[07:00] {bruce} didn't take - in msft though
[07:01] {dino} msft hod
[07:01] {dino} ok
[07:01] {Threei} COIN...
[07:01] {dino} msft 1/1
[07:02] {Roman} cover SPY +.04
[07:02] {Roman} out MBI +.90
[07:03] {bruce} out msft =.17 - didn't play it very well
[07:03] {Threei} SEED too
[07:03] {Threei} recent momos getting recycled
[07:03] {dino} nice rfr
[07:04] {dino} money is money bruce gj
[07:04] {Roman} out WM +.35
[07:04] {bruce} thanx -
[07:04] {dino} rfr on fire
[07:06] {dino} gs pos. again
[07:06] {Roman} wonder if it's time to get in to homebuilders
[07:06] {Roman} LEN long term play
[07:08] {magoo} long term=hold all day roman?
[07:08] {magoo} len
[07:08] {Roman} no, like months
[07:08] {Roman} get $22 out of LEN
[07:08] {Roman} GOLD long radar
[07:09] {dino} blog stopped .06, +.09
[07:09] {bruce} ewbc dino
[07:10] {dino} not sure, a bank
[07:11] {bruce} k
[07:11] {bruce} just watching it - lots of srtngth for moment
[07:11] {Threei} COIN small shares l,ong .37
[07:11] {dino} mabe 1 more big spike then s
[07:11] {Threei} stop under .10
[07:12] {dino} blog l again .10
[07:13] {magoo} in coin
[07:13] {lumdus} in bby 46.01
[07:14] {dino} ewbc waiting at 24.44 bruce way out
[07:14] {bruce} ivgn still dropping
[07:14] {dino} hmmm
[07:15] {dino} msft can't get thru .75
[07:15] {Roman} solars
[07:15] {Roman} CSIQ long
[07:16] {Roman} in 18.35
[07:16] {dino} markets rockin'
[07:18] {Roman} MBI
[07:18] {Roman} watcing off 13
[07:19] {magoo} waiting coin .88 vad
[07:19] {dptl} out .59 coin ty
[07:19] {Threei} welcome
[07:20] {Threei} some wird prints COIN
[07:20] {Threei} wierd too
[07:20] {dptl} yes that got me out .......lucky
[07:21] {dino} msft stop to .75
[07:21] {Threei} feel free to exit
[07:21] {dino} blog on your own
[07:21] {Threei} nice morning so far, 100%
[07:21] {dino} out msft +.25
[07:22] {dino} out blog .45, +.35
[07:22] {bruce} pcln dino
[07:23] {magoo} kickin coin
[07:23] {magoo} thats my .88
[07:23] {Threei} {COIN} ouch! take it easy, will ya
[07:23] {dino} pcln dk
[07:24] {esemde} question is DSTI a solar company
[07:24] {Threei} yes
[07:24] {esemde} tks
[07:24] {Threei} RIMM is weaker than market
[07:24] {dino} ivgn l 85.00 stop lod, last chance
[07:24] {magoo} OUT ty
[07:25] {Threei} short candidate for when NASDAQ is done
[07:25] {Threei} welcome magmeister
[07:26] {Roman} out CSIQ
[07:26] {Roman} +.05
[07:26] {Roman} in LEN
[07:31] {lumdus} so far great day.
[07:31] {lumdus} tx vad
[07:31] {dino} fcsx drop
[07:32] {bruce} shhesh ivgn
[07:32] {dino} ivgn stopped -.20 done w/it
[07:32] {bruce} lots of support at 85 but didn't hold
[07:32] {dino} too tough
[07:32] {bruce} -.25
[07:33] {dino} off screen
[07:33] {bruce} may still bounce around here dino
[07:33] {dino} damn missed fcsx
[07:34] {dino} atro strong today
[07:36] {magoo} hey vad..look at coin high
[07:37] {Threei} hehe
[07:37] {magoo} for an idiot i did pretty good on exit
[07:37] {lumdus} mco l
[07:37] {magoo} dino calls me idiot
[07:37] {Threei} actually you sold the very top
[07:37] {Threei} that .89 print was out of market
[07:38] {magoo} really, cause i was bummed i missed it he he
[07:38] {lumdus} good to be idiot then
[07:38] {Threei} lol
[07:38] {Threei} lum... don't forget to put trailing stop on your account
[07:39] {Threei} easy to get caught in excitement of a good day and spoil it
[07:39] {lumdus} thanks for the reminder. so far all hits -0-- need to walk away and calm down
[07:39] {Threei} good job
[07:39] {dino} gj, good idea
[07:40] {Threei} changing my take on RIMM
[07:40] {magoo} lum if i may ask..whats a good day? as in $500 or 1k or what
[07:40] {dino} 10 bucks
[07:40] {lumdus} magoo i play with 1k usually
[07:40] {lumdus} missed TYC .. crap !!
[07:41] {magoo} can't getr em all lum
[07:41] {lumdus} no, was to cheap underbid
[07:42] {magoo} u liking rimm long vad?
[07:42] {Threei} not yet, but don't see it as short anymore
[07:42] {esemde} ouuuuTYC that would have been a good one lum
[07:42] {magoo} kinda follows naz
[07:43] {magoo} naz rolling here
[07:43] {magoo} or not
[07:43] {Threei} good one ese
[07:43] {dptl} amln?
[07:44] {Threei} .51 worth a try but let's be cheapscates on it
[07:44] {esemde} ya...if one could have caught the break 33.20...it shot up there nicely
[07:44] {Threei} .39 stop
[07:45] {lumdus} vad, the intelliscan i put in to show me only stocks with av volume 4mi + it shows me REGN with only 265K so far.
[07:45] {lumdus} does that make sense ?
[07:45] {Threei} check your setting again, it shouldn't
[07:46] {Threei} you may have changed it but never saved layout,
[07:46] {Threei} so next day it's back to original setting
[07:46] {lumdus} hmm.. thanks fixed - you da man !!
[07:46] {Threei} :)
[07:49] {lumdus} hmm.. just got rgc with only 250k
[07:49] {lumdus} 3i, who can i ask for support for intelli ? admin ?
[07:49] {Threei} no
[07:49] {Threei} can you dcc me your configuration?
[07:50] {Threei} Collaborate link
[07:51] {lumdus} sent .. you want email better ?
[07:51] {Threei} no, this will do
[07:53] {Threei} OK, here is your volume:
[07:53] {Threei} you are using Minimum daily Volume
[07:53] {Threei} instead of Volume Today
[07:53] {Threei} put your limit in that window, you won't be geting these low volume alerts
[07:53] {lumdus} i want to use avg daily volume is that possible
[07:53] {Threei} posting it here for anyone who may have the same question
[07:55] {Threei} Min Daily Volume
[07:55] {Threei} These refer to the total daily volume on an average day. These do not use the current day's volume.
[07:55] {Threei} Min Volume Today - These are relatively simple filters based on each stock's volume for today. You can filter stocks based on the exact number of shares they've traded today. Or you can compare the number of shares traded today to the number of shares the same stock usually trades in an entire day.
[07:56] {Threei} in Configure Alerts - Window specific filters, click on filter symbol to summon help
[07:56] {lumdus} ok thanks
[07:57] {bruce} shoot we missed pcln revrsal dino
[07:57] {esemde} sure am fascinated by the QID you all put me onto the other day ....sure moves in an orderly fashion
[07:58] {esemde} watching that and the QQQQ....very interesting indicator
[07:58] {lumdus} min dail volume set to 4 million should not show me stock that has avg volume of 1 million correct ?
[07:58] {Threei} AMLN 1:1
[07:58] {Threei} no it shouldn't
[07:59] {dino} missed 2 bucks on fcsx too bruce was at 40
[07:59] {dino} 41
[08:01] {bruce} that was our 2 bucks
[08:03] {magoo} surprised aapl hasn't recovered a little better
[08:04] {bruce} Ivgn may have botomed here
[08:05] {dino} sm l ibm .00
[08:06] {dino} ivgn dk bruce
[08:06] {dino} labl hmmm
[08:06] {dino} thin
[08:07] {magoo} FSLR dump
[08:07] {bruce} ibm stop .44 orso?
[08:07] {Threei} RIMM short small shares .50 breakdown, stop above .70
[08:07] {magoo} how about grmn short vad?
[08:08] {dino} y
[08:08] {dino} mkt tricked us
[08:09] {Threei} 1:1 RIMM
[08:09] {dino} stopped ibm
[08:09] {Threei} not sure about GRMN magoo
[08:10] {bruce} still in - set stop wide to .35
[08:10] {dino} gl
[08:11] {magoo} out rimm .22 ty
[08:11] {Threei} yw
[08:11] {bruce} thanx - gonna need it
[08:12] {Threei} 1:2 RIMM, all out
[08:12] {Threei} +.41
[08:12] {dino} good hold bruce
[08:12] {Threei} wow
[08:13] {Threei} can I have mulligan?
[08:13] {dino} your ivgn call was right too
[08:14] {bruce} we'll see dino
[08:14] {Threei} full dollar RIMM
[08:14] * Threei is crying bitterly
[08:15] {dino} poor baby
[08:15] {Threei} wow AAPL
[08:16] {dino} disconnect, lots of stocks moving up
[08:17] {dino} fslr -21\
[08:17] {Threei} and still above yesterday's low
[08:18] {dino} significantly
[08:18] {magoo} dow down 99 correecyt?
[08:19] {dino} 88
[08:19] {bruce} out IBM +.21
[08:20] {Threei} wtg
[08:20] {dino} gj, see stops=skill
[08:20] {magoo} nice brucesky
[08:20] {magoo} news vad FSLR?
[08:20] {bruce} small win for risk - but thought best to exit neqar 100 as may not break
[08:21] {dino} hold on it wedbush morgan fslr
[08:21] {Threei} not really... target 195 by wedbush earlier today
[08:21] {dino} agree bruce touigh wall
[08:21] {bruce} finally - a green day
[08:21] {bruce} thanx dino
[08:22] {dino} oih -6 magoo, fslr -21
[08:22] {Threei} yeah, solars get beaten with oil
[08:22] {Threei} when oil drops to 50, people will start burning their hybrid cars
[08:23] {Threei} and cut down windmills
[08:23] {bruce} ewbc just hit your target dino
[08:24] {dino} strong
[08:24] {dino} not in yet
[08:24] {magoo} rimm bounce vad?
[08:25] {Threei} if AAPl does... tough one mags, don't know
[08:25] {Threei} what's with IRBT, climbs third day in a row
[08:25] {magoo} rimm and aapl in sync?
[08:26] {Threei} not exact but there is some following
[08:26] {Threei} this this downspike?
[08:26] {dino} ewbc waiting at .80 bruce
[08:26] {Threei} umm... trying again
[08:26] {Threei} see this downspike?
[08:26] {Threei} started with AAPL, RIMM followed
[08:27] {magoo} yep
[08:28] {dino} screw it s ewbc .45, stop .76
[08:28] {bruce} k dino
[08:28] {bruce} took itshort at .44
[08:29] {bruce} .60 stop
[08:29] {dino} ok
[08:29] {bruce} wish I'd waited
[08:29] {bruce} butwill see
[08:30] {Threei} this time RIMM was first to drop magoo
[08:30] {Threei} no pattern, can't trade this mess
[08:33] {Threei} probably worth a try long from 81 or quick sell under
[08:33] {magoo} well, look at dump in naz
[08:33] {patience} looking for an entry point into POT, swing trade
[08:34] {Threei} one more leg down and bounce
[08:34] {dptl} ceco?
[08:35] {magoo} where?
[08:35] {magoo} grmn held well in pummeling
[08:35] {dino} ewbc 1/1
[08:36] {bruce} half out ewbc + .23
[08:37] {bruce} stop to .40 on balance
[08:37] {lumdus} so we looking up or down or ..
[08:38] {Threei} get your RIMM here if you want it long, stop .60
[08:38] {dino} cov ewbc .18, +.27, ty bruce
[08:38] {magoo} in .94
[08:39] {bruce} welcome dino - your entry trigger
[08:39] {dino} uthr hmmm
[08:39] {Threei} 1:1 RIMM
[08:40] {dino} your spot, i took it off screen hour ago
[08:40] {lumdus} the fruit store on my block screems "get your Oranges here"
[08:40] {lumdus} shees i offered rimm .35 nobody took it
[08:42] {dino} peaches, peaches for free
[08:42] {dino} fslr bloooooody
[08:42] {Threei} magoo... can I exhale yet??
[08:43] {magoo} no..wait .94
[08:43] {magoo} out .71 TY
[08:43] * Threei sings Someone's Getting Greedy
[08:43] {Threei} welcome
[08:44] {magoo} sheesh..i sensed that greedy thingy
[08:44] {magoo} my mind was sayins SELL
[08:44] {Threei} you just got scared of the idea of me singing
[08:44] {Threei} and rightfully so
[08:45] {Threei} noone will tell you anything about my singing
[08:45] {magoo} vad..i believe u are perfect so far
[08:45] {Threei} because there are no survivors
[08:45] {cosmo} sounds vogon
[08:45] {magoo} like 5 of 5 or something
[08:45] {Threei} yup
[08:45] {lumdus} doing great vad
[08:45] {Threei} ty
[08:45] {Threei} can I go home?
[08:46] {magoo} what u think?
[08:46] {lumdus} short VAD at market no stop
[08:46] {Threei} does it matter?... :)
[08:46] {magoo} we gotta make the hay while its raining vad
[08:47] {Threei} this is one way to look at it,
[08:47] {Threei} another is, going to well once too many times...
[08:47] {bruce} you tell him mags
[08:47] {lumdus} i agree with magoo. we got it right today let's make tehe most oout of it.
[08:47] {magoo} or the bar
[08:47] {lumdus} not everyday so good.
[08:48] {dino} fwlt
[08:48] {Threei} may I humbly remind you all how many times you thought "sheesh, why didn't I stop trading after XX:00... would be a perfect day"
[08:48] {dino} odds against
[08:48] {dino} you do 7/10 usually, so odds tipping out of favor, imo
[08:49] {Threei} eqzaktly dino
[08:49] {lumdus} in hcbk long
[08:49] {Threei} you want to fool the odds? stop pushing, let it settle down, look for light trading later in the day
[08:49] {Threei} we are in lunch time now
[08:50] {lumdus} ok no more new position. i'll just manage my 1 open one.
[08:50] {dino} risky l fwlt .15
[08:51] {dino} too soon stopped
[08:52] {Threei} my next target for today:
[08:52] {dino} hmmm, getting rinsed alot today, going smaller
[08:52] {Threei} not to miss laserdave appearance to slap the living daylight out of him the moment he connects
[08:53] {magoo} ok, with u
[08:53] {magoo} want me to call him and ask him to log in?
[08:53] {Threei} that would be cheating
[08:54] {Threei} my sweating trembling hand grips the trout by the tail
[08:54] * magoo slaps Chaeron around a bit with a large trout
[08:55] {magoo} practicing
[08:55] {Threei} lol
[08:55] * magoo slaps Chaeron around a bit with a large trout
[08:55] {magoo} loosening up
[08:55] * magoo slaps Chaeron around a bit with a large trout
[08:55] {Chaeron} so that's what I'm good for?
[08:57] {dino} sm fwlt .00
[08:58] {dino} we must be getting close to lows, cnbc has separate dow ticker
[09:00] {bruce} 55.45 stop fwlt dino?
[09:00] {dino} y
[09:01] {bruce} k
[09:01] {bruce} thanx
[09:04] {dino} out .59, +.59
[09:04] {bruce} me too .62
[09:05] {dino} nice, green today?
[09:05] {bruce} thanx
[09:05] {bruce} yes
[09:05] {dino} gj
[09:05] {dino} 56.00 area maybe again
[09:05] {bruce} been hammered this month
[09:05] {dino} december i was way off average
[09:06] {dino} labl thinking s, sm
[09:06] {dino} thin
[09:09] {bruce} wow - 59 k forday - thqats thin
[09:09] {dino} sm s .91, wide, thin really move around
[09:15] {bruce} stopped balance ewbc +.19
[09:17] {Threei} feels like market is looking upward from here
[09:19] {dino} gj
[09:23] {bruce} de - any thoughts here dino?
[09:24] {dino} i like it, but need mkt help imo
[09:24] {bruce} k
[09:24] {dino} giving back yesterdays gains
[09:26] {bruce} pcln retrac3d over 5 bucks
[09:27] {dino} de here maybe
[09:28] {dino} dwsn wow
[09:31] {bruce} I think ivgnmay be worth try long around here dino
[09:33] {dino} gl
[09:33] {dino} mkt fast drop
[09:43] {Threei} another one seems to be coming
[09:43] {Threei} drop that is
[09:44] {Threei} 82 breakdown short RIMM
[09:44] {Threei} small shares
[09:44] {Threei} feel free to take profit
[09:45] {dptl} missing everything again today
[09:46] {dino} step back
[09:47] {esemde} the market ...she be tanking
[09:47] {dino} retest 11640
[09:47] {Threei} you got some in the morning though?
[09:47] {esemde} true....it's the only way to trade
[09:48] {esemde} am still thinking swing long on solars
[09:48] {dptl} couple yes.
[09:48] {bruce} taking break
[09:48] {Threei} COIN and GRMN if I remember correct
[09:48] {esemde} when this is over nobodys going to have any money to afford gasoline
[09:48] {dptl} yep
[09:48] {Threei} and they were nice size wins.... so relax and let it be
[09:49] {Threei} lol ese
[09:51] {dino} fwlt s,m l .75
[09:51] {dino} missed fcsx again
[09:52] {Threei} dp... if we only forgot to cover AATI short yesterday... {G}
[09:52] {patience} bought puts on the euro (XDE)
[09:52] {dptl} :)
[09:54] {dino} ivgn held pretty well thru that bruce
[09:56] {Threei} I am tired of staring at the spot just above lumdus... magoo, who said cheating is not allowed? call that lazy laserdave
[09:57] {magoo} roflol
[09:57] {magoo} he does like to sleep in
[09:57] {Threei} so let's make sure and call him tomorrow at 6 am west coast time
[09:58] {Threei} with nothing more than friendly "hey, how's life, just wanted to say good morning"
[09:59] {magoo} will mkt ever ever bounce again
[10:00] {cosmo} in the Spring
[10:00] {Threei} nope
[10:00] {Threei} never
[10:00] {Threei} it's going down from now on and till the end of eternity
[10:00] {dino} fwlt stop to .25
[10:00] {Threei} does eternity have end?
[10:02] {cosmo} it looks that way
[10:02] {dino} another month markets at zero, dow at least 300 pts/day
[10:02] {Threei} that's where we come in and buy 1000 shares of everything
[10:03] {magoo} pretty damaged mkt
[10:04] {magoo} always was..just now realizing it
[10:04] {patience} dow 10,000 doesn't look that far away
[10:04] {Threei} irrational exuberance ends...
[10:05] {cosmo} irrational exuberance is eternal
[10:05] {Threei} irrational apathy comes...
[10:05] {Threei} to be followed by new exuberance, even more irrational
[10:06] {cosmo} perpetual
[10:06] {magoo} i still say..and said it few days back..we gonna get a 500 point up one day wonder SOON
[10:06] {magoo} abby magoo cohen here
[10:07] {cosmo} you channel abby?
[10:07] {Threei} that's OK, we have Napoleon in the next room
[10:07] {patience} early next week, want to bet a beer magoo?
[10:08] {magoo} yup
[10:08] {patience} okey dokey
[10:09] {dino} out fwlt .40, +.65
[10:09] {Threei} just stay away from the room at the end of corridor, Chengis-hun tends to pick fights with Joe Stalin over there
[10:10] {dino} fslr new lows
[10:10] {magoo} and bidu and aapl
[10:10] {magoo} tech wrech
[10:11] {magoo} surprised grmn holds any green
[10:11] {magoo} read grmn vad??
[10:11] {Threei} it's still loading market map on its screen
[10:11] {dino} lol
[10:12] {Threei} no read either way mags, it's quite random here
[10:12] {magoo} watching aapl and fslr
[10:13] {magoo} vad, should bounce somewhere
[10:13] {magoo} do not know where
[10:13] {dino} i don't think vad's bounce, tiggers yes
[10:14] {Threei} sigh
[10:14] * Threei slaps LaserDave1 around a bit with a large trout
[10:14] * magoo slaps LaserDave1 around a bit with a large trout
[10:14] {Threei} beat you mags
[10:14] {Threei} I mean... beat you in beating dave
[10:15] {dino} it's official, i have the only short not working today
[10:15] {Threei} lol
[10:15] {dino} labl, ohhh mannnn
[10:15] {Threei} as patience says, how rude
[10:16] {dino} indeed
[10:17] {magoo} vad, how close u live to patience?
[10:17] {Threei} 20 min driving
[10:18] {magoo} how about dave?
[10:18] {Threei} dave in vancouver
[10:18] {Threei} mainland... me is islander
[10:18] {Threei} 90 min ferry separates us
[10:18] {magoo} i wish i lived next to u..we'd have great times
[10:19] {magoo} drinkin vodka...teasing crabs
[10:19] {Threei} hmmm... is it allowed?
[10:19] {magoo} building sheds
[10:19] {lumdus} vodka in middle of trading day. geesh
[10:19] {lumdus} yeah, i am back from a good lunch. vad told me to go
[10:19] {Threei} you know... animal rights society
[10:20] {lumdus} vad, i am ready for the afternoon session. looking for my next pick. just don't know long or short :)
[10:20] {Threei} or what stock
[10:20] {magoo} we powering up here vad?
[10:21] {Threei} chart looks like this but I don't trust it
[10:21] {dino} fwlt l sm .10
[10:21] {lumdus} in bbt 34.08
[10:21] {lumdus} long ouch !
[10:21] {Threei} I think it's going to pretend, then drop
[10:21] {esemde} I'm otta here...have a great rest of the day all...
[10:21] {Threei} take care ese :)
[10:21] {esemde} see ya vad
[10:22] {magoo} ES WAIT
[10:22] {lumdus} who let him leave early today ?
[10:22] {magoo} hes fast
[10:23] {Threei} one more wuick spike, then big fast drop is my read here
[10:23] {lumdus} for what stock ?
[10:23] {Threei} market
[10:23] {dino} cov labl .92 -.01 sheesh
[10:23] {lumdus} ok, i watch bbt and sell
[10:24] {Threei} here is spike
[10:24] {Threei} BBT is not really market follower lum
[10:24] {magoo} u thinkin qid?
[10:25] {Threei} I personally will refrain magoo
[10:25] {Threei} not feeling like trading at this point
[10:25] {Threei} I mean, easy money is made
[10:25] {dino} fcsx l sm .99
[10:26] {Threei} just a tad more, NQ... set the trap
[10:27] {dino} hey who's side you on? lol
[10:27] {Threei} hmmm
[10:27] {Threei} good question
[10:28] {Threei} I need to do serious navel-gazing, soul-searching and general wall-staring
[10:28] {dino} bruce ivgn gave a buck
[10:30] {Threei} and here is drop
[10:31] {Threei} if you went for QID, it gave about 50 cents
[10:32] {magoo} i did honest
[10:32] {Threei} if tried to follow it with RIMM, a little over a dlooar
[10:32] {magoo} took .23 and cut .50
[10:32] {Threei} dollar
[10:32] {Threei} good one mags
[10:32] {Threei} glad I could be of help
[10:32] {magoo} my first independent qid read
[10:32] {Threei} wtg
[10:32] {dino} out fwlt .50, +.40
[10:33] {magoo} easy button
[10:33] {dino} easy buttons going off all over the office
[10:35] {dino} de strength
[10:43] {dino} lol, just got confirmation on closing tomorrow, figured no way w/markets
[10:43] {Threei} nice :)
[10:43] {Threei} some don't care apparently
[10:44] {dino} his rate 5.6%
[10:47] {bruce} just got back dino
[10:47] {bruce} congrats on ivgn
[10:48] {dino} your pick, nice read
[10:48] {bruce} damn - sorry I missed it - was watching
[10:49] {dino} fcsx going to go bruce, imo, i'm in at 40.99 sm
[10:52] {dino} gilt
[10:53] {dino} nah
[10:53] {dino} ccrt
[10:55] {bruce} short ccrt here?
[10:56] {dino} fcsx stopped damn
[10:57] {bruce} sorry dino
[10:57] {dino} its ok
[10:57] {dino} ttek
[10:58] {bruce} good support around 40 in it
[11:00] {bruce} fcsx that is
[11:01] {dino} yeah
[11:05] {dino} there it goes
[11:09] {dino} boom strong
[11:11] {bruce} boom is one nasty stock
[11:11] {bruce} green candle , red, green , red, green and on and on
[11:11] {dino} avid spike
[11:15] {bruce} fcsx below 40
[11:19] {dino} seriously
[11:21] {Threei} my hesitant read is, one more little spike, then down
[11:22] {lumdus} vad, let me know when we are ready to trade again
[11:22] {Threei} here is spike
[11:22] {dino} risky, s avid .82, stop .02
[11:23] {dino} too soon
[11:25] {Threei} lum, pretty much personal choice here... market is extremely jerky, any reads is 51/49 at best
[11:25] {Threei} main theme for the rest of the day is preservation of profits
[11:25] {dino} avid stopped, taking a break
[11:25] {bruce} yep -
[11:26] {lumdus} bx about to break 20 hmmmm
[11:26] {Threei} being nicely up on such day, and having 100% hit rate, no way I let it evaporate
[11:26] {lumdus} yeah, not letting antyhing evaporate.
[11:27] {dino} dji going green
[11:27] {Threei} missed trade is just that, there are hundreds if nopt thousands moves every day that we do not partake in
[11:27] {Threei} it doesn't bother me
[11:27] {Threei} letting gained profits disappear though would, and big time
[11:27] {Threei} it's just not good management
[11:27] {lumdus} ok boss..
[11:28] {Threei} no single day will make you rich
[11:28] {Threei} here is a phrase I heard once, ponder it when you have time
[11:28] {lumdus} i know but if bx breaks 20 i think i need to take some. maybe 10% of usual trading. so i don't lose my gain from am
[11:28] {dino} there it is
[11:29] {Threei} Market is the easiest place to make money in, and hardest place to hold onto it
[11:29] {lumdus} very interesting phrase
[11:30] {Threei} maybe not exact quote, and no idea who said it... but you got the gist
[11:30] {patience} so vad, i'm up just over $7 per share on POT. do i scalp or let it run like i did with peix
[11:31] {Threei} ugh... no idea, your timeframe is beyond my comprehension :)
[11:31] {lumdus} way too funny !!!
[11:31] {Threei} I would have scalped 6 bucks ago, lol
[11:31] {patience} best intentions to hold, scalping instinct is strong
[11:32] {lumdus} 6 bucks ago !!
[11:32] {Threei} sooo, as a daytrader/scalper, in order to take advantage of first half of that phrase and alleviate the second: get your bite when the getting is good... and know when to jump off the bandwagon to keep what you made
[11:33] {magoo} i like this qid thing
[11:34] {magoo} just scaslped vads top call, in .60 out .91
[11:34] {Threei} {QID, batting eyelashes at magoo} why mags, I like you too, I am just too shy to admit it first
[11:34] {bruce} geesh -
[11:34] {lumdus} what is vad's top call ?
[11:35] {bruce} now we're running a dating agency in here for magoo?
[11:35] * bruce slaps magoo around a bit with a large trout
[11:35] {Threei} no idea lum... mags calls things to himself I think, and assigns calls to me to gain more confidence
[11:35] {Threei} or to have who to blame
[11:36] {magoo} u pay me to make them up..so u look good boss
[11:36] {Threei} not only for magoo bruce... each call is actually setting you up with some stock... and if I don't call symbol, it's a blind date
[11:36] {magoo} [14:21] {Threei} my hesitant read is, one more little spike, then down
[11:36] {magoo} [14:22] {Threei} here is spike
[11:37] {dino} going to close 100 pts positive, dji
[11:37] {lumdus} great read
[11:37] {magoo} thats when magoo mind went..hmmmm..naz drop...long qid
[11:38] {magoo} but i am notorious scalper
[11:38] {magoo} if u note..even when vad takes half off..i usually exit full
[11:38] {bruce} aavid looks like short prospect here dino
[11:38] {magoo} want my money
[11:38] {dino} my stop was too tight
[11:38] {Threei} and to be totally honest mags, admit that you want our money too
[11:39] {dino} brb
[11:39] {magoo} feeling awkward here lol
[11:39] {Threei} don't... we won't hesitate to take yours given a chance lol
[11:39] {bruce} hey mags - you here about vads new "vad tax"
[11:40] {bruce} if you're up over 1 k 10 goes to vad
[11:40] {bruce} 10 %
[11:40] {Threei} I thought you saw my new taxedo bruce...
[11:40] {bruce} Idid vad
[11:40] {bruce} gald to be collecting it for you
[11:40] {Threei} for a modest adminitrative fee I guess?
[11:41] {bruce} very
[11:41] {bruce} very
[11:41] {bruce} el cheapo
[11:41] {Threei} very modest or very administrative?
[11:41] {bruce} me an adminsitrator?
[11:41] {bruce} bah
[11:41] {bruce} humbug
[11:42] {Threei} I don't know how you do it patience...
[11:42] {bruce} you mean put up with mags vadster?
[11:42] {Threei} lol
[11:43] {patience} finevery week i say to myself....ok, scalp to make enough to pay this weeks bills, then let the rest run
[11:43] {Threei} I mean things like POT trade
[11:43] {bruce} I truly can't imagine
[11:43] {Threei} the very marrow in my bones protests against letting such gains slide :)
[11:43] {patience} you should have held peix, got use to the ice water in my veins
[11:44] {Threei} I have some fine scotch in there
[11:44] {Threei} ice is melting quickly
[11:44] {magoo} uh bruce, thats why i never make more than $999.99...NO TAX
[11:44] * bruce slaps magoo around a bit with a large trout
[11:45] {bruce} thats part of your audit mags
[11:45] {bruce} theres a 50 fee for the trouting
[11:45] {bruce} vads rules of course
[11:45] {Threei} lol... I ahve a feeling bruce collects a lot of things behind my back and in my name
[11:46] {bruce} who me?
[11:46] {bruce} nonsense
[11:47] {Threei} but that's OK, I will be very rich as soon as all Nigerian partners finalize their deals
[11:47] {bruce} I know
[11:47] {bruce} we'll al jealous
[11:47] {bruce} except lum
[11:48] {bruce} he's have too much fun w 6 buck scalps
[11:49] {Threei} ADLR is halted, right?
[11:49] {bruce} sheesh vad - we need to tax that trade
[11:49] {Threei} FDA PANEL: VOTES 13-0 WITH 2 ABSTENTIONS IN FAVOR OF EFFECTIVENESS OF ENTEREG, NOTERS WORKS IN STUDIES, REVIEWING FOR CONSTIPATION AFTER BOWEL SURGERY- Panel will votes next on whether the drug's benefits exceed risks
[11:49] {Threei} yeah
[11:49] {Threei} 08:00am [ADLR] Trading halted; News pending
[11:51] {magoo} i can't pull it up
[11:51] {magoo} blank
[11:51] {Threei} still halted
[11:52] {magoo} usually shows level 2 right
[11:52] {magoo} just not trading
[11:52] {magoo} or are u blank
[11:52] {magoo} ?
[11:52] {Threei} there are only ARCA bids/offers
[11:52] {Threei} and you have it blocked
[11:52] {magoo} ahhhh
[11:52] {Threei} that's why :)
[11:52] {magoo} ty
[11:52] {magoo} u using arca today?
[11:53] {Threei} yes, it's better, not perfect yet
[11:53] {Threei} on and off
[11:54] {dino} hoft spike
[11:54] {dino} funny name; hooker furniture. wonder who they sell to
[11:54] {bruce} cpki any read vad - looks like your kind of trade
[11:55] {bruce} mags probably dino
[11:55] {magoo} that does it...............
[11:55] * magoo slaps bruce around a bit with a large trout
[11:55] * magoo slaps bruce around a bit with a large trout
[11:55] * magoo slaps bruce around a bit with a large trout
[11:55] {bruce} ah
[11:55] {bruce} thanks
[11:56] {bruce} thats
[11:56] {bruce} 50
[11:56] {bruce} 100
[11:56] {bruce} 150 bucks
[11:56] {bruce} 50 tax per trout mags
[11:56] * bruce slaps magoo around a bit with a large trout
[11:56] {bruce} giving you a freebie though
[11:56] {magoo} u pushing your luck little man {soup nazi}
[11:57] {bruce} no way to speak about vad mags
[12:00] * Chaeron slaps Threei around a bit with a large trout
[12:00] {Chaeron} oops sorry
[12:00] * Chaeron slaps Threei around a bit with a large trout
[12:00] {Threei} hmmm
[12:00] {Threei} what did i do
[12:00] {Chaeron} I keep missing........
[12:00] * Chaeron slaps magoo around a bit with a large trout
[12:00] {lumdus} it's what you didn't do 3i
[12:00] {Chaeron} there
[12:01] {Threei} ah
[12:01] {bruce} geesh chaeron - keep mising?
[12:01] {dino} back in 10
[12:02] {dptl} Dave dcc pls
[12:02] {bruce} you'd be a dangerous guy with a machine gun
[12:02] {Threei} dp... don't be so timid
[12:02] {Threei} here is how it's done:
[12:02] * Threei slaps LaserDave1 around a bit with a large trout
[12:02] {dptl} lol
[12:03] {Threei} see chaeron? not missing
[12:03] {Threei} aim with your heart, not with your eye
[12:04] {Chaeron} ahhhhh... kinda like "Use the Force"
[12:04] {Threei} kinda
[12:04] {_pith} "use the Fish"
[12:04] {Threei} lol
[12:04] {patience} blew out POT, +8.00 exactly.....so much for ice...market too unsettled
[12:04] {Chaeron} roflol
[12:04] * magoo slaps Chaeron around a bit with a large trout
[12:05] * magoo slaps _pith around a bit with a large trout
[12:05] * magoo slaps roeder around a bit with a large trout
[12:05] * magoo slaps patience around a bit with a large trout
[12:05] * magoo slaps magoo around a bit with a large trout
[12:05] {Threei} wtg patience
[12:05] * magoo slaps lumdus around a bit with a large trout
[12:05] * magoo slaps LaserDave1 around a bit with a large trout
[12:05] * magoo slaps jmb around a bit with a large trout
[12:05] * magoo slaps hawkfan4 around a bit with a large trout
[12:05] * magoo slaps dptl around a bit with a large trout
[12:05] {lumdus} chill magoo .. why you so mad now ?
[12:05] * magoo slaps dino around a bit with a large trout
[12:05] * magoo slaps cosmo around a bit with a large trout
[12:05] * magoo slaps Chaeron around a bit with a large trout
[12:05] {Chaeron} dino... can you get mags under control?
[12:05] * magoo slaps bruce around a bit with a large trout
[12:05] * magoo slaps bruce around a bit with a large trout
[12:05] * magoo slaps Raven around a bit with a large trout
[12:05] * magoo slaps Threei around a bit with a large trout
[12:05] {Threei} mad? lum, this is magoo relxaing
[12:05] {bruce} ka ching
[12:05] {Chaeron} true
[12:05] {bruce} not true
[12:06] {bruce} mags is mad
[12:06] {magoo} nah..grinning
[12:06] {bruce} Dr Phil said so
[12:06] {Threei} lol
[12:06] {bruce} right after seeing britney
[12:07] {lumdus} out bx 20.68 + .68
[12:07] {Threei} careful lum... bruce is going to try and collect his percentage from you
[12:08] {bruce} sheesh
[12:08] {bruce} .68
[12:08] {magoo} who is this great one named lum
[12:08] {bruce} might as well donate it all lum
[12:08] {Threei} DOW up 60 points
[12:08] {Threei} that's leadrship
[12:08] {Threei} go USA
[12:09] {dino} c'mon dji, 40 more
[12:09] {Threei} magoo, for your eyes only:
[12:09] {Threei} havce a look at COIN chart,
[12:10] {Threei} compare it's bottoming time with that of NASDAQ
[12:10] {magoo} see it
[12:11] {dino} magoo, in 40 words or less, compare & contrast....
[12:11] {Threei} +90 DOW
[12:11] {dino} here comes my 100
[12:11] {magoo} just teleports dow
[12:11] {dino} bammmmmm
[12:11] {Threei} CECOP
[12:11] {Threei} ANNOUNCES COMPLETION OF SEC INVESTIGATION: NO ACTION RECOMMENDED- Were advised 1/17/2008 that no action would be taken against company
[12:11] {Threei} CECO
[12:12] {dino} just that slm won't loan their students $
[12:13] {dino} fcsx spike
[12:13] {dino} can we get the comp green?
[12:13] {magoo} vad..could go near 11
[12:13] {Threei} easy
[12:14] {Threei} just 9 points
[12:14] {Threei} COIN mags?
[12:14] {lumdus} rally time !!
[12:14] {magoo} yup
[12:14] {dino} these daily stock price ranges have got to be historic
[12:15] {Threei} http://anaheim.angels.mlb.com/images/2002/08/06/5DskhCqO.jpg
[12:15] {lumdus} magoo.. you watching and waving or you in it ?
[12:16] {Threei} mags... I don't think it's going to happen today, but if NASDAQ continues strength, COIN has a serious shot
[12:19] {magoo} watching it lum
[12:19] {magoo} not in
[12:22] {dino} 450
[12:22] {dino} +pt range again
[12:23] {patience} i swear it is program trading and all these etf type funds the public can not trade that does it dino
[12:23] {patience} can gtrade
[12:23] {patience} yeesh
[12:23] {dino} alot is
[12:23] {dino} one thing, certainly not boring
[12:23] {patience} no, and has been profitable
[12:25] {dino} this market is making cnbc sound like idiots
[12:25] {dino} yes to profits too patience trades doing well
[12:25] {patience} i keep BNN streaming on my monitor
[12:26] {patience} monitor real estate is getting tight
[12:26] {Threei} {dino} this market is making cnbc sound like idiots
[12:26] {Threei} ummmm
[12:26] {Threei} is it really hard work? :)
[12:27] {dino} lol
[12:27] {Threei} ETFC?
[12:27] {Threei} I don't see news
[12:27] {dino} bartiromo going short
[12:28] {bruce} anyone having isues with data feed?
[12:28] {Threei} looks OK
[12:28] {Threei} need quotes?
[12:29] {bruce} no - but charts have been blinking on and off
[12:29] {bruce} thanx
[12:29] {bruce} not in anything at moment
[12:29] {bruce} ivgn dino
[12:30] {Threei} COMP +16
[12:31] {Threei} NQ is last thing slightly in red
[12:31] {magoo} dino hooked a good one
[12:31] {dino} fcsx and ivgn again
[12:31] {magoo} EASY button
[12:31] {magoo} all over the place
[12:32] {magoo} vad, dcc quick
[12:32] {bruce} and aapl and shld dino
[12:33] {dino} dk bruce, got where i wanted to get today, most likely, "no mas"
[12:34] {dino} altho, fcsx off of 41.50 l, might tempt me
[12:34] {dino} nah
[12:34] {dino} feel like i'm pushing
[12:36] {dino} 600 point range
[12:36] {dino} short em tomorrow, lol
[12:37] {bruce} always another day
[12:39] {magoo} man, 500 point range begins to be the norm
[12:39] {Threei} lol
[12:40] {Threei} not really... will be back to normal ranges soon
[12:40] {magoo} well..under 500 and i no longer interested lol
[12:43] {Threei} 100 points NQ range day
[12:44] {Threei} to give you an idea what kind of volatility it is - we had a swing trade on NW once, continuing for like 10 days, about 50 points profit
[12:44] {Threei} NQ
[12:45] {bruce} short fcsx
[12:45] {dino} dk bruce, still down
[12:46] * Threei slaps LaserDave1 around a bit with a large trout
[12:48] * magoo slaps LaserDave1 around a bit with a large trout
[12:48] {Threei} lol DOW is up 255
[12:48] {Threei} can you believe it?
[12:49] {Threei} volume is enormous too
[12:49] {Threei} power of squeeze
[12:49] {Threei} NQ -1
[12:49] {Threei} -.5
[12:50] {Threei} green
[12:50] {Threei} +1
[12:50] {Threei} mission is completed
[12:50] {bruce} too early stopped out -.30
[12:51] {dino} good stop
[12:51] {Threei} not a first time I see these huge comebacks out of total abyss... but it never ceases to amaze
[12:51] {dino} going for 300+
[12:57] {Threei} Ok guys, thank you all
[12:57] {Threei} have a good evening, see you tomorrow in our mental institution for another mad day
[12:57] {dino} gj today guys/gals, thx
[12:58] {dptl} have a good evening all
[12:58] {magoo} ty all
[12:58] {bruce} another mad mad vad kinda day
[12:59] {lumdus} laser dave you out there ?
[12:59] {lumdus} going once ..
[13:00] {lumdus} vad, my platfrom stinks.. really, my quotes got screwed and my computer had to reboot 3 x today
[13:00] {Threei} sorry lum
[13:01] {lumdus} glad you lowered me to 100 shares only . hit 3 losess. but the profits fromt he AM made it look like a joke
[13:01] {Threei} there :)
[13:02] {lumdus} but i need laser to help me with the demo .. and he is not around
[13:02] {dino} bruce dcc
[13:02] {Threei} that's the way to keep'em da profits
[13:02] {Threei} phone him
[13:02] {Threei} could just be not near computer at the moment
[13:02] {lumdus} i don't have his phone #
[13:02] {Threei} dcc
[13:12] {bruce} that REALLY REALLY sucks lum
[13:13] {bruce} you may have something interfering with computer and platform
[13:13] {bruce} check your virus scanner lum
[13:14] {bruce} I had that problem a while back switched antivirus

January 22, 2008

Session Start: Tue Jan 22 00:00:00 2008

Session Time: Tue Jan 22 00:00:00 2008

[05:21] {Threei} FED CUTS TARGET RATE 0.75 PCT TO 3.50%
[05:22] {Threei} 60 points jump NQ in 3 min
[05:23] {hawkfan4} they're just trying to ruin a perfectly good crash
[05:23] {Threei} no kidding
[05:30] {dino} gm all
[05:31] {Threei} dino :)
[05:31] {patience} morning RT, you missed a profitable day on the toronto market yesterday
[05:32] {dino} go ahead rub it in, :)
[05:32] {patience} well....vad showed up to chat briefly but i was trading alone to the rolling stones
[05:33] {dino} gj patience
[05:33] {patience} laughing, today will be good
[05:33] {dino} should be, a bit of chaos
[05:34] {dino} thought we had a black swan on our hands earlier
[05:34] {Threei} we would if not for this intervention
[05:34] {Threei} still may
[05:34] {dino} indeed
[05:34] {Threei} even with this cut and market jump, there are a lot of margin call sales lurking
[05:35] {Threei} and a lot of "let's dump while there is a rally" sellers
[05:35] {Threei} scared by constant barrage of "this is bear market that is here to stay" heandlines
[05:36] {Threei} FED'S POOLE: DID NOT VOTE FOR CUTS, DID NOT THINK JUSTIFIED AHEAD OF JAN 29-30 MEETING
[05:36] {Threei} I agree with him
[05:37] {Threei} knee-jerk reaction that is likely to make things worse
[05:37] {dino} problem is, they are expecting another cut in 7 days
[05:38] {Threei} that's bad
[05:38] {Threei} at the moment when it would really make a difference they are going to be out of ammo
[05:38] {dino} thats what i'm thinking
[05:39] {dino} brb
[05:39] {Threei} and it smacks of desperation too much
[05:40] {Threei} effect is going top be lessened by darl emotions prevailing in the markets,
[05:41] {Threei} and when the crowd is ready, feds won't be there with real help since they spent their capital reacting on market moves which is not their mandate
[05:43] {Threei} for those who for this or that reason is interested in Cnada:
[05:43] {Threei} (CA) PREVIEW: BANK OF CANADA INTEREST RATE DECISION EXPECTED AT 9:00AM ET (14:00 GMT)
[05:43] {Threei} - Note: The surprise move by the FED earlier today is increasing speculation that perhaps the BOC could lower interest rates by more than 25bp
[05:43] {Threei} I suggest to cut by .5 and play "who outcuts who"
[05:44] {Threei} be back in 5
[05:47] {cosmo} QID pre mkt high = 53 fyi
[05:48] {cosmo} ... maybe another rate cut... hehe
[05:50] {Threei} today?? :)
[05:50] {cosmo} whynot?
[05:50] {magoo} morning
[05:50] {Threei} magoo :)
[05:54] {Threei} NQ sold off almost to where it was before rate cut
[05:55] {Threei} likely to bounce soon
[05:55] {Threei} this is a good moment for another rate cut cos :)
[05:56] {cosmo} Canada next?
[05:56] {Threei} yes
[05:56] {cosmo} thx
[05:59] {Threei} futs agree with me... if fed wanted to fix market, timing is bad
[05:59] {Threei} and if they, as they claim, want to fix overall situation in economy, why the emergency
[06:00] {cosmo} human nature?
[06:00] {Threei} (CA) BANK OF CANADA CUT INTEREST RATES BY 25BP TO 4.00%, AS EXPECTED
[06:00] {cosmo} not enough...sigh
[06:01] {dptl} good morning all
[06:01] {Threei} dp :)
[06:07] {bruce} how to trade today?
[06:07] {bruce} market will be very volatile
[06:08] {Threei} lightlty
[06:09] {Threei} high running emotions, big waves, quite possible order execution issues
[06:09] {bruce} can we go short ben bernanke?
[06:09] {Threei} keep calm and stay away from anything that is likely to hurt much if goes wrong
[06:10] {Threei} this is the day that is going to be regarded as historic, kind of how we mention crash of 1987
[06:11] {Threei} unlike that one though, this is not likely to be over quickly
[06:11] {cosmo} unless there's a halt
[06:11] {Threei} days like this are enticing you by mirage of big money to make
[06:11] {Threei} and much more likely to hurt you badly if you are overly active
[06:11] {bruce} big money? - thats for me
[06:12] {esemde} morning...what happenin
[06:12] {magoo} historic...but...as in the opportune time to go long or a suckers entry...??i dunno
[06:12] {Threei} ese :)
[06:12] {magoo} open mind
[06:12] {bruce} we're discussing end of world ese
[06:13] {esemde} futures down big...
[06:13] {Threei} thread lightly, use your natural advantage over investors:
[06:13] {cosmo} waiting to see global rate cuts here...
[06:13] {Threei} unlike them, you do NOT have to trade
[06:13] {Threei} they habve no choice, they are in the markets
[06:13] {Threei} you do, you can stay on a sideline while there is blood on the street
[06:14] {Threei} don't feel like you have participate in each and every battle
[06:14] {Threei} money not lost is money made on a day like this
[06:15] {Threei} see how futs returned to pre-cut level?
[06:15] {bruce} yes - noticed that already
[06:15] {Threei} this is a good sign that it's going to get worse before it gets better
[06:15] {bruce} not a good sign for a bounce
[06:15] {bruce} blood on the streets
[06:16] {Threei} don't be anxious to jump in, adopt liberating state of mind
[06:16] {cosmo} QID relaxing ... needs to break 51.50
[06:16] {Threei} which for today is:
[06:16] {bruce} does this affect your entry's dino?
[06:16] {Threei} everyone is losing money left and right, I am the lucky one, I can wait for the clearer moment to pounce
[06:17] {bruce} bigger stops today vad?
[06:17] {Threei} no way as far as I am concerned
[06:18] {Threei} with this volatility and possible execution problem, it can turn much worse than you imagine
[06:19] {Threei} no profit is too small today, any money made is to be framed, hang on the wall and labeled "made on a day when the world lost"
[06:19] {patience} largest aussi brokerage had to shut down for 30 minutes, traded in 1 hour what they normally trade in 1 day
[06:19] {patience} i don't expect great performance from my brokerage in the first hour
[06:20] {Threei} even the sharpest brokerage can be affected easily today
[06:20] {Threei} bottleneck can be beyond their sphere of influence
[06:20] {Threei} grab the popcorn, enjoy the show, thread lightly
[06:21] {Threei} wear "I am detached observer" cap
[06:21] {cosmo} when in trouble, when in doubt, run in circles, scream and shout
[06:21] {esemde} this a good day to short stuff Vad
[06:21] {Raven} lol cosmo :)
[06:22] {cosmo} :)
[06:22] {Raven} sheesh
[06:22] {Threei} maybe ese... maybe not... stuff is down huge,
[06:22] {Threei} likerly to go down more
[06:22] {Threei} but direction is not the main theme for today
[06:22] {Threei} volatility is
[06:23] {Threei} view any call made today as optional
[06:24] {magoo} is there a limit to reach where they? can halt US markets?
[06:24] {Threei} you are likely to perform better today if you take all this as fun rather than attempts to make money
[06:24] {magoo} that would be a nightmare caught short position,
[06:24] {patience} yup, every 1000 points, dow rules apply
[06:24] {patience} down 4000 and they shut the door for the day
[06:24] {Threei} don't remember circut breaker rules for NASDAQ
[06:25] {magoo} they let it tank 4000 points before shutdown entire day??
[06:25] {Threei} http://www.nasdaqtrader.com/trader/help/circuitbreaker.stm
[06:26] {esemde} no confidence in Ber nackers abviously....today
[06:26] {patience} yes magoo
[06:26] {Threei} NASDAQ has agreed, upon the request of the Securities and Exchange Commission, to halt domestic trading in all NASDAQ® securities and all equity and equity-related OTC securities should the NYSE declare a market-wide trading halt
[06:26] {magoo} wow
[06:26] {bruce} is that an announcement vad?
[06:27] {Threei} ?
[06:27] {Threei} The point-decline thresholds at which trading is halted change every quarter, so that those thresholds may accurately reflect the current market. The thresholds are percentage-based levels of 10%, 20%, and 30% declines in the Dow. The actual numerical points will be determined based on the state of the market each calendar quarter. For the first quarter of 2008, as shown in the table above, the thresholds are 1350-, 2700-, and 4000-point de
[06:27] {Threei} I showed link above bruce
[06:27] {Threei} this is rules under which markets operate
[06:27] {bruce} k
[06:28] {Threei} "cause no harm" is your slogan for today
[06:28] {bruce} tighten seat belt folks
[06:28] {magoo} trading helmets, googles
[06:29] {cosmo} hans device here
[06:29] {Threei} market under pre-cut level
[06:29] {bruce} lots of lovely shorts
[06:29] {bruce} q's
[06:29] {bruce} amzn
[06:30] {bruce} csco
[06:30] {bruce} whould we wait for market to settle?
[06:30] {Threei} relax bruce
[06:30] {Threei} and re-read again everything I posted above
[06:30] {bruce} Iam relaxed
[06:31] {dino} bruce, sorry about delay, yes, i am different today, sitting for awhile, shake things out a bit imo
[06:31] {magoo} we need to live today to trade another day
[06:31] {Threei} why would you want to jump on things like AMZN, very volatile even on normal day, at the open of such day as this?
[06:31] {dino} rule #1 ; you must stay on the game
[06:32] {dino} in
[06:33] {dino} we under 52 week low dji
[06:33] {Threei} look at AMZN range for the last 2 minutes
[06:33] {Threei} 72.20 - 74
[06:33] {dino} dji want 11,500 min
[06:34] {magoo} howes volume anyon?}
[06:36] {dino} 3.7
[06:37] {esemde} following my solar crew......
[06:37] {Threei} watching NQ/QID
[06:37] {Threei} to go long QID
[06:38] {magoo} DL vad lol?
[06:38] {Threei} no need to say "small shares", right?
[06:38] {Threei} lol mags
[06:39] {Threei} one more leg down, desirably close to 61.50
[06:39] {magoo} er 51.60
[06:40] {Threei} yes :)
[06:40] {magoo} just working with u boss
[06:40] {Threei} not in yet
[06:40] {magoo} no critique
[06:40] {Threei} ty
[06:41] {Threei} .67 low so far
[06:41] {bruce} how do you get that retracement entry trigger vad?
[06:41] {dino} fslr sm l 155.30
[06:41] {dino} wide risky
[06:41] {Threei} get ready, big leg is coming
[06:41] {magoo} vad. i feel more upside qqqq here
[06:42] {dino} out 160.30 +5.00
[06:42] {Threei} finger on a trigger
[06:42] {patience} dino gets first gold star of the day
[06:42] {bruce} wow dino
[06:43] {dino} lucky
[06:43] {Threei} in .33
[06:43] {dino} should've help, lol
[06:43] {Threei} .19 stop
[06:43] {dino} held
[06:43] {Roman} ESLR long
[06:44] {Roman} MBI long radar
[06:45] {esemde} whats your entry roman
[06:46] {Roman} 10.45
[06:46] {esemde} tks
[06:46] {esemde} i've bstop at .60
[06:46] {Threei} out half .55
[06:47] {Threei} .25 stop for the balance
[06:47] {Roman} in MBI super small 11
[06:47] {Threei} out balance
[06:48] {dino} seems too easy for that to be captulation in markets
[06:48] {Threei} what, no takers?
[06:48] {esemde} long eslr 1/2 lot .65
[06:52] {dino} de wants to go positive
[06:52] {dino} nyx too hmm
[06:52] {Roman} C long setup
[06:52] {Roman} citigroup
[06:53] {Threei} KLAC 43 break long if stays above .75
[06:53] {Roman} out ESLR +.50
[06:54] {dino} cyber cx issues, careful
[06:54] {esemde} out ESLR .91 =+.26
[06:54] {patience} nice ese
[06:55] {dino} gj ese
[06:55] {Threei} in KLAC aggressively
[06:56] {Threei} .69 stop
[06:56] {Roman} out MBI
[06:56] {Roman} -.08
[06:56] {magoo} are arca quotes good today??
[06:57] {esemde} tks
[06:57] {esemde} definately want to swing long on solars when this is over....
[06:57] {bruce} looks like lots of resistance at 43 in it vad
[06:58] {Threei} out
[07:00] {Roman} short GOLD
[07:00] {Roman} 42.22 super small
[07:03] {Roman} SOLF
[07:03] {Threei} QID short small
[07:03] {Threei} stop 51.21
[07:03] {Roman} long solf super small 16.15
[07:05] {Threei} *JAN RICHMOND FED MANUFACTURING INDEX:-8 V -5E
[07:09] {bruce} shld dino
[07:10] {esemde} l ESLR again .85
[07:10] {Threei} NVDA .48 long
[07:11] {Threei} stop under .30
[07:13] {dino} sm ibm l 101.50
[07:13] {magoo} feels like pullbk coming imho
[07:13] {dino} sigm positive
[07:14] {dino} sorry bruce, distracted
[07:15] {esemde} me thinks your right magoo
[07:16] {dptl} stopped nvda
[07:16] {bruce} same dp
[07:17] {dino} agreeing w/magoo es? lol
[07:18] {magoo} cramer came on cnbc..said close critical
[07:18] {magoo} duh??
[07:19] {magoo} anywho..saird could see at 3:30 mkts down 600
[07:19] {Roman} cover GOLD +.48
[07:19] {magoo} he can scare poeple out
[07:19] {dino} gj rfr
[07:19] {magoo} herd mentalkity with cramer the lead buffalo
[07:19] {Threei} you mean they are not scared yet?
[07:19] {esemde} nice spread trade Roman
[07:19] {dino} yes magoo and last week he had everyone buying
[07:19] {magoo} i'm not
[07:19] {magoo} u know why?
[07:20] {dino} want a crazy call, end flat
[07:20] {magoo} always 100% cash
[07:20] {bruce} nuan short here dino?
[07:21] {dino} dk
[07:21] {magoo} vad, days like today is when luv being daytrader..cash
[07:21] {magoo} nbow pundits all calling for people to buy
[07:22] {dino} bruce, 1 at a time today for me
[07:22] {Roman} out SOLF +1.3
[07:22] {magoo} remember....wall street always always wants people in mkts
[07:22] {Threei} beauty Roman
[07:22] {dino} out ibm 102.60, +1.10
[07:22] {magoo} nice rfr
[07:23] {magoo} vad, how do we do the laser message as in..where is auto correction
[07:24] {Threei} under Level II tab
[07:24] {magoo} and should we even bother?
[07:25] {esemde} eslr above broke above daily high
[07:25] {dino} de strong
[07:28] {esemde} Vad...... opinion on the way the market is coming back?
[07:28] {esemde} sustainable
[07:28] {esemde} yes no?
[07:29] {Threei} looks so, but it can change on a dime
[07:29] {dino} my flat call looking good'
[07:29] {esemde} getting a volume feeling for that?
[07:30] {Threei} [08:34] {Threei} even with this cut and market jump, there are a lot of margin call sales lurking
[07:30] {Threei} [08:35] {Threei} and a lot of "let's dump while there is a rally" sellers
[07:30] {Threei} [08:35] {Threei} scared by constant barrage of "this is bear market that is here to stay" heandlines
[07:31] {dino} what does the beer market have to do w/it?
[07:31] {esemde} everythang man...everthing!!!!
[07:31] {magoo} qid long somewhere vad?
[07:32] {Threei} if you think we are done going up, sure
[07:32] {Threei} but, are we?
[07:32] {magoo} i wanna know what u think
[07:33] {Threei} sigh
[07:33] {Threei} you should know better, don't you? :)
[07:34] {magoo} anyione using arca quotes in laser here??
[07:34] {magoo} never mind they are bad
[07:34] {Threei} mine is off from last week
[07:35] {magoo} i just tried them...BAD
[07:35] {magoo} turned off now
[07:36] {dino} blog bruce
[07:37] {Threei} long QID small
[07:37] {Threei} .35 stop
[07:38] {Threei} need NQ to lose 1800
[07:40] {magoo} what entry u get?
[07:40] {Threei} .55
[07:40] {magoo} .65 here
[07:44] {dino} blog l .25
[07:46] {bruce} stop dino?
[07:46] {dino} .79 wide sm
[07:46] {bruce} k
[07:46] {bruce} in at 19 even
[07:46] {dino} beauty
[07:47] {bruce} thanx - small sto[p if fails
[07:49] {dino} fyi, everything is sm wide today, ok
[07:49] {dino} stopped blog
[07:49] {bruce} k
[07:49] {bruce} also stoppe3d
[07:49] {dino} sorry bro
[07:51] {bruce} all part of trading - no problem dino
[07:51] {bruce} lets find some wins
[07:53] {magoo} 100 shares bidu short RISKY
[07:53] {magoo} not yet..what i looking at
[07:54] {magoo} if QQQQ tanks..it will work
[07:56] {magoo} needs q tank..it will follow either way
[08:00] {bruce} sds dino?
[08:02] {dino} s&p ultra short?
[08:02] {Threei} yeah, SDS is not uour usual stock bruce
[08:02] {Threei} it's to S&P what QID is to NQ
[08:02] {dino} yes
[08:03] {patience} i trade it occasionally bruce but right now feels like dead cat bounce for awhile
[08:03] {dino} watching msft
[08:03] {bruce} thanks vad - patience
[08:04] {dino} scanner green
[08:05] {dino} msft l .00, stop .79
[08:06] {dino} going to go green on dji
[08:07] {dino} blog big old rinse
[08:08] {bruce} got msft at .02 dino
[08:08] {dino} thick, so don't expect too much, after 1/1 on your own ok?
[08:08] {dino} i am waiting at .40
[08:09] {dino} gs
[08:09] {dino} +4
[08:09] {patience} anybody know what time of day arbitrage between cross listed stocks occurs?
[08:09] {bruce} k - was my next ? - what to expect from it
[08:09] {bruce} thanx
[08:09] {dino} how did i miss my old friend
[08:09] {Roman} SPY topping
[08:09] {Roman} think short small 131.85 area
[08:10] {bruce} allout msft +.20
[08:10] {dino} what a rally
[08:10] {Threei} watching QID for scalp long
[08:10] {dino} gj bruce
[08:11] {bruce} deck is running dino
[08:11] {Roman} in SPY short
[08:11] {Roman} 131.90
[08:11] {dino} wow
[08:12] {dino} deck too strong, staying away
[08:13] {bruce} k - amzn and de also made run
[08:13] {esemde} this kind of action will create a serious market for beer dina...aka"beer market"
[08:14] {esemde} thats dino.....dina is your sister right?
[08:15] {dino} lol
[08:15] {dino} see my 10:20 flat call, almost there
[08:16] {Roman} cover SPY +.42
[08:16] {dino} gj
[08:17] {Threei} a lot of broker outage reports
[08:17] {dino} nyx green
[08:17] {Threei} laser is blemishless so far
[08:17] {magoo} agree vad
[08:17] {magoo} but arca worthless lately
[08:18] {Threei} not today's issue
[08:18] {dino} watching blog again bruce, it really jumps around
[08:18] {magoo} right
[08:18] {dino} maybe around lod for long
[08:19] {dino} cx issuies again
[08:19] {bruce} k
[08:19] {bruce} got it on sccreen
[08:20] {patience} sold my yen contracts and doubt short gold etf (HGD). i need patience for market to give trend
[08:21] {patience} double short
[08:21] {dino} patience needs patience, lol
[08:21] {patience} totally
[08:21] {dino} :)
[08:23] {Threei} ADTN getting ahead of itself
[08:24] {Threei} short small
[08:24] {Threei} stop above .60
[08:26] {dino} trying to get out of msft flat, order issues tho
[08:26] {magoo} marginable vad??
[08:26] {Threei} ?
[08:26] {magoo} gotcha
[08:27] {dino} he's laughing here vad
[08:27] {dino} who is this new magoo
[08:27] {Threei} lol
[08:27] {magoo} hes a happy guy vad, ever since u know what
[08:28] {Threei} good to hear... took me just about a year to convince him to be happy
[08:28] {magoo} yep..this is true
[08:28] {magoo} but i gotta say...lUVIN it
[08:28] {Threei} die ADTN
[08:29] {Threei} out half .12
[08:29] {Threei} +.33
[08:30] {dino} gj
[08:30] {Threei} ty
[08:31] {Threei} stop above .30
[08:32] {Threei} above .20
[08:33] {Threei} out in full
[08:33] {Threei} doesn't want to tank on 21 breakdown
[08:33] {magoo} nice vad
[08:34] {dino} markets order delays, down we go
[08:38] {dino} brb
[08:41] {patience} putting in some options stink bids....so much for patience
[08:47] {bruce} those are day trades patience?
[08:47] {dino} no those are stinky trades
[08:47] {patience} if i get filled? depends on how the day goes
[08:48] {dino} busting you of course
[08:48] {patience} more likely though if i am filled i'll let them swing
[08:48] {bruce} k - thought you needed a few days at least on most options traeds
[08:48] {patience} not that i know of
[08:48] {bruce} k
[08:49] {bruce} deck had nice dump dino
[08:49] {bruce} tought to call top though
[08:49] {bruce} I would havetthought 130 or so
[08:49] {dino} coco bloodf
[08:52] {dino} it was a good spot bruce
[08:53] {bruce} thanx dino
[08:55] {Threei} COCO daily is embodiment of disaster
[08:55] {Threei} 2/3 haircut
[08:55] {dino} indeed, but is there a bounce in there?
[08:56] {Threei} must be
[08:56] {dino} have to go sm
[08:56] {dino} not yet tho
[08:57] {Threei} one more pullback with .50 holding would be good
[08:58] {magoo} tyalking COCO?
[08:58] {Threei} yeah
[08:59] {Threei} if no pullback under .65, .73 will be worth a try
[09:00] {magoo} u gonna go?
[09:00] {Threei} in... just a scalp
[09:00] {Threei} .64 stop
[09:01] {magoo} in .74
[09:02] {magoo} thats me .13 waiting
[09:03] {Threei} out 7
[09:03] {magoo} out .99
[09:03] {magoo} changed mind
[09:03] {magoo} TY
[09:03] {Threei} yw
[09:03] {dptl} .99 for me too ty
[09:03] {Threei} :)
[09:03] {magoo} remembered the plan
[09:03] {Threei} easy one
[09:03] {magoo} SCALPAROO
[09:04] {magoo} oh shit
[09:04] {magoo} EASY Button
[09:04] {magoo} just hit it
[09:04] {dino} gj guys
[09:04] {magoo} er, um vad., your turn or mine {look to the right}
[09:05] {Threei} after you sir
[09:05] {magoo} ell my good man
[09:05] * magoo slaps LaserDave1 around a bit with a large trout
[09:05] * Threei slaps LaserDave1 around a bit with a large trout
[09:06] {magoo} that makes me smile everytime
[09:06] {magoo} simple pleasures get magoo
[09:07] {Threei} wow
[09:13] {dino} blog l .95
[09:14] {Threei} CSIQ long off .50 support if NQ goes up again
[09:16] {Threei} stop under .50, so regulate the size accordingly to entry you get... no particular trigger, rather NQ following trade
[09:17] {Threei} CECO
[09:17] {Threei} bounce candidate
[09:18] {Threei} half lot .25
[09:18] {Threei} .09 stop
[09:21] {Threei} panic
[09:22] {dino} ceco blood
[09:24] {magoo} cnbc pundits all concurr a retest of lows TODAY
[09:25] {magoo} just info here
[09:25] {dino} go long then
[09:25] {dino} i still say flat close
[09:25] {magoo} might be TOO obvious
[09:30] {bruce} out blog here dino?
[09:31] {dino} back in 10
[09:31] {dino} sm bruce, my stop is lod, but your call of course
[09:31] {bruce} k
[09:37] {Threei} can you believe COCO?
[09:38] {Threei} went almost a dollar since we took profit
[09:40] {dino} cpla down, all education stocks, slm pulling the plug on subprime student loans
[09:41] {dino} i guess the dumbing down of america approaches
[09:41] {bruce} tAKING BREAK
[09:42] {bruce} oops
[09:42] {bruce} sorry about caps
[09:42] {dino} tightening blog to .45 stop bruce, market not cooperating
[09:42] {bruce} fat fingers
[09:42] {bruce} I exited dino
[09:42] {dino} ok
[09:48] {magoo} bruce, u up today?
[09:49] {magoo} only, cause i know u were struggling a lil last week
[09:52] {Threei} PETS .70 small shares long
[10:00] {Threei} 9 break HOKU, half lot long, stop under .80
[10:04] {dino} de wow
[10:04] {dino} nhpi
[10:06] {Threei} ETFC
[10:06] {Threei} SEES 5 YEAR HIGH ON CUSTOMERS LOGGED INTO SYSTEM
[10:06] {Threei} what kind of news is that
[10:07] {Roman} means all customers are worried and logging in to sell their portfolio
[10:07] {Threei} customers hit by Alzheimer over last 5 years remembered they had money in there and decided to take it out?
[10:07] {magoo} margin call worries
[10:07] {Threei} I like my version better Roman
[10:09] {Threei} new high is coming NQ
[10:10] {dino} going green
[10:10] {dino} because nobody thinks we can
[10:10] {dino} am i a contrarian or what
[10:10] {Threei} I am in tough position dino
[10:11] {dino} then move around
[10:11] {Threei} being contrarian myself, I think you are right yet having hard time agreeing with you - simply because contrarian disagrees wioth everyone
[10:11] {magoo} i just in it to win it lol
[10:11] {dino} i am hardly the "crowd" voice
[10:12] {dino} finally my 11:15 msft order is cancelled
[10:12] {Threei} I know... just pulling your chain
[10:12] {Threei} wow
[10:13] {magoo} maybe big ben got it right..going green
[10:13] {dino} perhaps the black swan was to reverse on everyone
[10:13] {Threei} IMO... this would happen with or without their intervention
[10:14] {magoo} see,,,8u contradicting magoo he he
[10:14] {Threei} lol
[10:14] {patience} just in case it escaped your notice....last friday afternoon i said i thought Monday's market would end up down after options expiry.....600 down on the TSX yesterday...not bad eh....
[10:14] {dino} wait until next week and they only cut a 1/4, crashhhhhhh
[10:15] {dino} i remember patience, good call
[10:15] {patience} tough crowd to ipress
[10:15] {magoo} now, if IF we actually retested lows today, 1000 point range
[10:15] {patience} oh, not you dino
[10:15] {patience} ty
[10:15] {patience} laughing
[10:15] {dino} my problem is i remember too much
[10:16] {magoo} u asking for it patience lol
[10:16] {Threei} not mine... I have hard time remembering word Alzheimer every time I want to explain why I don't remeber something
[10:16] {patience} are we talking 'trout' magoo?
[10:17] {magoo} indeed we are
[10:17] * magoo slaps patience around a bit with a large trout
[10:17] {dino} mad cow vad, mad cow
[10:17] {magoo} denny crane
[10:18] {dino} out blog .12,. +.17
[10:18] {Threei} feel free to exit CSIQ here who got it
[10:19] {Threei} +.50 for me
[10:19] {magoo} nice boss
[10:20] {patience} vad is aware he is now working to pay off the bathroom contractor doing his reno
[10:20] {Threei} no kidding
[10:20] {Threei} smallest room in the house... can't believe the bill
[10:23] {dino} i, unfortunately, understand
[10:25] {patience} first 30 minutes trading this morning was a rush...now it is just boring....wah...what happened to momo
[10:26] {Threei} out half PETS .90PETS
[10:26] {Threei} someone bought over the offer
[10:28] {magoo} u rockin now vad...HOKU next?
[10:28] {Threei} not sure about this one
[10:28] {magoo} pretty hard pullbk here gioing on
[10:28] {Threei} kind of indecisive
[10:29] {magoo} might be down time mkts
[10:30] {bruce} just got back
[10:30] {bruce} no mags - down on day down on month
[10:31] {dino} hmmmm, overtrading?
[10:32] {magoo} sorry to hear...
[10:32] {bruce} don't think so dino
[10:32] {magoo} u had 10 straight ups didn't u bruce in dec?
[10:32] {bruce} just losing on almost every trade
[10:32] {bruce} yes
[10:32] {bruce} wiped out in jan
[10:33] {dino} re-group in your mind bruce, slow down, wait for the pitch.
[10:34] {dino} sit back at opens, imo, because they have been very erratic
[10:34] {bruce} don't know wht to do diferently dino- jst taking room trades
[10:34] {bruce} k - flip side is open is biggest moves too
[10:34] {bruce} anyway - hangin in there
[10:34] {dino} i told you, i sized down and it worked, wider stops
[10:35] {bruce} I sized down too - kee[ing losses smaller
[10:35] {dino} have you widened stops then?
[10:35] {Threei} last few trades took today in green
[10:36] {bruce} I use vads stops on his plays
[10:36] {dino} good
[10:37] {dino} on my types size it down they are going much further than normal, both ways
[10:37] {magoo} u missed vads last 2 bruce? pets & csiq?
[10:37] {bruce} Itrade smaller on your plays dino and set wider stops
[10:37] {dino} good
[10:37] {bruce} bigger size with vad w his stops
[10:37] {bruce} doesn't matter
[10:37] {bruce} if I take trade it fails
[10:38] {bruce} bad luck I guess
[10:38] {dino} hang in there
[10:38] * Chaeron slaps LaserDave1 around a bit with a large trout
[10:38] {bruce} maybe just a strange run of bad luck
[10:38] {dino} it happens
[10:39] {Threei} good idea chaeron
[10:39] {bruce} yes
[10:39] * Threei slaps LaserDave1 around a bit with a large trout
[10:39] {bruce} should work the oterh way at times too
[10:39] * magoo slaps LaserDave1 around a bit with a large trout
[10:39] * magoo slaps patience around a bit with a large trout
[10:39] * magoo slaps roeder around a bit with a large trout
[10:39] * magoo slaps _pith around a bit with a large trout
[10:39] * magoo slaps _pith around a bit with a large trout
[10:39] * magoo slaps _pith around a bit with a large trout
[10:39] {magoo} new guy
[10:39] {Threei} trout rage
[10:39] {bruce} I like your plays dino - bigger range for both losses and wins
[10:40] {dino} :), had a lucky day
[10:40] {bruce} you bcaught that $5 win qat open
[10:40] {bruce} wponderful; start
[10:40] {Threei} dino tends to have abnormally high amount of lucky days {G}
[10:40] {dino} and lets not forget the ibm
[10:40] {bruce} I missed both of those
[10:41] {bruce} didn't catch the post
[10:41] {dino} and here comes msft
[10:41] {bruce} dinos wins aren't luck
[10:41] {bruce} no one is lucky consistently
[10:42] {_pith} somebody take that fish away from magoo
[10:42] {Threei} hence the {G} addition, bruce
[10:42] {Threei} pith, we tried...
[10:42] {dino} 10:13 ibm
[10:42] {Threei} he says we can pry it from his cold fingers only
[10:43] {_pith} good thing I'm partial to sushi
[10:43] * bruce slaps magoo around a bit with a large trout
[10:43] {dino} lol pith
[10:43] {bruce} too bad lums no here - he would have loved this am big moves
[10:44] {Threei} his broker had horrific outages today
[10:44] {magoo} true vad??
[10:44] {Threei} so maybe it's a good thing if he didn't trade today
[10:44] {Threei} yes
[10:44] {magoo} who MBT?
[10:44] {Threei} yeah
[10:44] {bruce} with his luck would have worked in his favor
[10:45] {magoo} whats up with MBT lately?
[10:46] {Threei} no idea, it's not like I am tracking
[10:47] {bruce} wasn't that your old broker vad?
[10:47] {Threei} years ago
[10:47] {magoo} mine 2 with vad
[10:48] {magoo} 1000 sh bidu sh 172
[10:48] {magoo} 100
[10:48] {magoo} OOPS
[10:48] {Threei} whew
[10:48] {bruce} wow 1000?
[10:48] {bruce} oh
[10:48] {Threei} scared the living dailight out of me
[10:49] {magoo} sory
[10:49] {Threei} spread widening alone can kill you on full lot BIDU, lol
[10:50] {bruce} what is top for that mags - looks like you need one bcuk at least
[10:50] {bruce} stop
[10:50] {magoo} $200 stop
[10:50] {magoo} looking for multi points down
[10:50] {magoo} goes with mkt tho
[10:50] {bruce} k two bucks makes sense to me
[10:51] {_pith} considering reentering trading, after an eight year hiatus... what are the best, fast ,dependable, direct access brokers / trading platforms available?
[10:51] {magoo} MBT
[10:51] {Threei} we use Laser pith
[10:51] {magoo} see bruce..give it room
[10:51] {Threei} icon on our website for contact their rep
[10:51] {magoo} QQQQ tanks it will tank
[10:52] {magoo} BUT if q runs..it will run
[10:52] {magoo} just feel we due for pullbk here
[10:52] {_pith} 3i.. they are going to set me up with a demo
[10:52] {dino} darn, can't get avtr short
[10:52] {Threei} cool, ask Laserdave for help with layouts etc
[10:53] {_pith} k
[10:53] {_pith} what is margin...4 to 1?
[10:53] {Threei} 10:1 intraday
[10:53] {Threei} no margin overnight
[10:54] {_pith} thats cool, dont like to hold overnight
[10:54] {bruce} yep mags - can't play that one w 50c stop
[10:54] {Threei} then it's arrangement for you
[10:55] {Threei} and don't hesitate to use trout on lasredave as attention getter
[10:55] {magoo} just keep stop @ 200 bux
[10:55] {magoo} do not let it get away
[10:55] {bruce} does that actually help vad?
[10:55] {Threei} sometimes
[10:56] {bruce} I didn't take it mags
[10:56] {Threei} phone is more reliable though :)
[10:56] {magoo} if lets go get 10 points
[10:56] {bruce} just checking your parameters
[10:56] {magoo} may need to exit and try again
[10:56] {bruce} I don't have a read on it long or short now
[10:56] {magoo} lay out 270
[10:57] {magoo} must layout
[10:57] {dptl} qid?
[10:58] {Threei} tough read dp
[10:58] {Threei} don't know
[10:58] {dptl} k
[10:58] {Threei} looks like time for market to drop
[10:58] {Threei} hence QID up
[10:58] {Threei} but I wouldn't call this read reliable enough to take the trade
[11:00] {dino} sm l blog .22, stop .78
[11:00] {_pith} I actually used to be in another trading room with you 3i, back before you started up shop. Went by the handle aragorn then, long time ago and I'm sure you dont remember, but you really helped me to develop a much safer trading approach.
[11:00] {Threei} wow
[11:00] {Threei} and I mean wow
[11:01] {Threei} that must be like 1998-1999
[11:01] {_pith} yea.. way back :)
[11:01] {dino} cool pith
[11:02] {Threei} welcome back to the jungle :)
[11:02] {magoo} why come back? if i can get out..i staying out
[11:02] {magoo} just can't get out
[11:02] {Threei} lol... magoo is ever warm and fuzzy
[11:03] {dino} darn blog, stopped done w/it
[11:03] {dino} big rinse too
[11:03] {LaserDave1} pith dcc please
[11:04] {_pith} :) dad died and I had to take care of the family farm for a few years. got into a position (hired help) that I can trade in the winter.actually looking forward to it. always loved to scalp
[11:04] {magoo} here we go bidu
[11:04] {Threei} scalps R us
[11:05] {magoo} LAYOUT 270..i off hook there
[11:05] {magoo} 200 bux for someone THERE
[11:05] {Threei} good one magoo
[11:05] {Threei} gutsy too
[11:06] {dino} gj magoo
[11:06] {magoo} still in vad, i want 6
[11:06] {magoo} just keeping room safe
[11:06] {Threei} someone's getting greedy
[11:06] {Threei} never mind my blabbing though
[11:06] {Threei} it's your trade and your read
[11:07] {magoo} out here
[11:07] {magoo} 269.75
[11:07] {Threei} hope I didn't influence your decision
[11:08] {bruce} still nice mags - one to one
[11:08] {Threei} I have no read on BIDU whatsoever, hate this stock
[11:08] {magoo} dino yelling at me..we said we were scalpin
[11:08] {magoo} i get greedy and forget
[11:08] {magoo} daytraders memory
[11:08] {magoo} 3.25 points tho
[11:08] {Threei} which equals triple alzheimer
[11:08] {Threei} attention span of a moth
[11:09] {dino} remember the plan magoo, protect profits
[11:10] {bruce} cool - thought you got 272 entry mags
[11:12] {bruce} which would be 2.25
[11:12] {Threei} it probably is bruce... magoo is just as good at math as he is at spelling
[11:12] {dino} he stepped out
[11:12] {bruce} k
[11:12] {bruce} or maybe his broker likes to throw in a sweetener
[11:13] {Threei} notice, his posted entry is 172
[11:13] {Threei} not 272 :)
[11:13] {Threei} tells you all you need to know about his typing skills :)
[11:13] {dino} lol
[11:13] {bruce} lol
[11:14] {dino} probably wrong stock
[11:14] {Threei} rofl
[11:14] {bruce} admire you on blog dino
[11:14] {bruce} nop way I'm gonna trade that pupp-y again today
[11:15] {magoo} he he, it was 272..sorry..remember first post wa 1000 shares
[11:16] {magoo} out was 269.75
[11:16] {magoo} 100 shg
[11:17] {dino} atro
[11:19] {Threei} dp... see how treacherous QID is here?
[11:19] {Threei} NQ looked like total breakdown coming
[11:19] {dptl} ye
[11:19] {Threei} instead, jumped 11 points
[11:20] {Threei} make that 13
[11:20] {magoo} yeah..problem is pundits and cramer said we'd retest today...so probably won't
[11:20] {magoo} to easy for shorts
[11:20] {bruce} ceco long try vad?
[11:20] {magoo} freakin media idiots
[11:21] {dino} max headroom magoo
[11:21] {Threei} with stop under 16, why not
[11:21] {bruce} in .13
[11:24] {Threei} UAE OIL MINISTER: RECENT FALL IN OIL PRICES 'A POSITIVE' - DAVOS COMMENTS- Says there is no shortgage in crude oil supply
[11:25] {magoo} there is a shortage at my house
[11:26] {Threei} you disconnected that secret pipeline bypass?
[11:29] {bruce} you talkin bout the brewery pipeline vad?
[11:29] {Threei} he had both actually...
[11:30] {bruce} out ceco +.09
[11:31] {bruce} nice - no more opening bottles - justput your mouth to that beer pipe and turn on tap
[11:33] {Threei} just between us bruce... he connected brewery one to his showerhead...
[11:34] {bruce} cool idea
[11:34] {bruce} sudsy shower
[11:34] {bruce} and leaves that manly scent when he's done
[11:35] {Threei} helps with hangover too
[11:35] {bruce} lol
[11:35] {Threei} breakdown or bounce this time NQ
[11:37] {bruce} you looking aat qid long vad?
[11:37] {Threei} or short...
[11:37] {Threei} I can't get a read on NQ
[11:37] {Threei} feels to me like down
[11:37] {Threei} but I'll be darned if I can nail safe entry
[11:38] {bruce} k
[11:38] {Threei} and don't want more of those annoying shakeouts
[11:39] {dino} feels down
[11:39] {magoo} last hour shoul;d be interesting
[11:40] {Threei} 1:1 CECO
[11:41] {bruce} out vad
[11:41] {bruce} dumped it when it hesitated at 22
[11:42] {bruce} not taking any chances todqay
[11:42] {Threei} no problem with that at all bruce
[11:42] {Threei} come on NQ die
[11:42] {Threei} show us some direction
[11:42] {Threei} any direction
[11:43] {Threei} yeah right
[11:43] {Threei} bounce right back into range
[11:43] {bruce} rmbs looks like it hasw some potential on a breakdown w nq
[11:44] {dino} so much for my down
[11:46] {magoo} tonite.DENNY CRANE
[11:51] {magoo} d
[11:51] {magoo} e
[11:51] {magoo} n
[11:51] {magoo} n
[11:51] {magoo} y
[11:54] {bruce} lol
[11:55] {bruce} you choosing restaruants mags?
[11:57] {magoo} he he
[11:57] {dino} he should, he's got the hot hand lately
[11:58] {magoo} just lucky
[12:04] {Threei} now it looks like up... so probably down
[12:05] {bruce} flip a coin
[12:05] {Threei} pretty much
[12:06] {magoo} speed channal has supercross on chaer
[12:06] {magoo} rd 2 phx
[12:08] {Threei} it's actually both... up and down
[12:09] {dino} out msft .24, +.24, took all day
[12:10] {bruce} good it worked
[12:10] {bruce} that was one of trades that worked for me but I exited long ago
[12:11] {dino} you were smart, .24 keeps rejecting it
[12:11] {dino} look back to .07
[12:12] {dino} sm l atro .06, wide
[12:12] {bruce} just nervous dino - not lettting anything retrace much
[12:13] {dino} good way to be, as they say; "buy when your hands are shaking, sell when confident"
[12:13] {dino} atro soread now, sheesh
[12:13] {dino} spread
[12:13] {bruce} it was one to one so took off table - as per your comment
[12:14] {bruce} blog is fnally paying you
[12:14] {magoo} whatchagot vad??
[12:14] {dino} yeah, now that i'm stopped
[12:14] {Threei} peanut butter/avocado sandiwch
[12:14] {bruce} oh - thought you were still in
[12:15] {bruce} thats creative vad
[12:15] {Threei} thinking of slapping some pasrtami on top
[12:15] {_pith} deepfried?
[12:15] {Threei} deepfried in chocolate
[12:16] {bruce} pastrami is good on anything
[12:16] {Threei} AATI... watching as possible short
[12:17] {Threei} 7.99 trig, 8.05 stop
[12:18] {magoo} marginable vad??
[12:18] * Threei slaps magoo around a bit with a large trout
[12:19] {bruce} shld looks a bit like your bidu short here mags
[12:19] {dino} ivgn blood
[12:20] {magoo} theres a significant difference imo bruce
[12:20] {magoo} shld is strong..up big in bad mkt
[12:20] {magoo} bidu was a train wreck..so weak
[12:21] {cosmo} PETS test 13
[12:22] {dino} abbey cohen on, wasn't she the one syiong buy buy buy at year end
[12:22] {dino} they just keep bringing them back
[12:24] {bruce} the institutions want out dino
[12:24] {Threei} big block above offer AATI
[12:27] {Threei} between up and down, market made funny choice: neither
[12:27] {magoo} figures right
[12:27] {Threei} still 30 minutes to decided though
[12:29] {magoo} aapl reports after bell
[12:30] {Threei} COST is indecently happy
[12:32] {dino} so is de
[12:33] {bruce} ivgn long around here dino?
[12:36] {dino} sm w/stop around .09
[12:37] {dino} they want to close flat
[12:37] {dino} i missed ivgn bruce
[12:37] {dino} -26 dji
[12:38] {bruce} me too dino - was thinking of it around .33
[12:38] {dino} i was at .40
[12:38] {dino} got it
[12:39] {bruce} worth a try on retraqce?
[12:39] {dino} lucky
[12:39] {dino} waiting at .80
[12:41] {bruce} good grab
[12:41] {bruce} you should be good to go
[12:42] {dino} can't get thru .64
[12:42] {Threei} die AATI
[12:43] {dptl} yes ....die
[12:43] {dino} indeed
[12:44] {Threei} infamous magoo flatliner
[12:46] {bruce} just like his heartbeat
[12:47] {Threei} lol
[12:47] {dino} thats cold, lol
[12:48] {dino} out ivgn .80, +.40, another beer for bruce, thx
[12:48] {bruce} wtg dino
[12:49] {bruce} missed it but was rooting for you
[12:49] {dino} your idea
[12:49] {dino} thx
[12:49] {magoo} .
[12:49] {dino} watch it go to 90 now
[12:50] {bruce} Ithink it will break 89 actuqally
[12:51] {bruce} end of day though
[12:51] {bruce} good exit
[12:52] {Threei} AATI, you blind or what?
[12:52] {dino} fast drop on ivgn
[12:53] {dino} no time tho, most likely done
[12:53] {bruce} yes - in retrospect - a prefect exit for you
[12:53] {dptl} wierd stock aati
[12:53] {dino} you have a good eye at those bruce, just figure out entries, and stops
[12:54] {bruce} hers your market dump
[12:54] {bruce} trying dino
[12:54] {magoo} u watching aapl after bell vad?
[12:54] {bruce} I can see stuff - but I seem to make a lot of bad entries
[12:54] {Threei} nah
[12:54] {magoo} lazy he he
[12:55] {magoo} u workin tomorrow?
[12:55] {Threei} I have had enough of chaotic stuff for one day :)
[12:55] {magoo} for 1 month u mean
[12:55] {Threei} pretty much
[12:56] {bruce} quiet - chaos - don't matter to me
[12:56] {bruce} just wqnt to start making some money
[12:57] {magoo} how come?
[12:58] {dino} algt wow
[12:59] {dino} ivgn drops a buck
[12:59] {dino} solars rocking
[13:00] {Threei} out AATI - 1 cent
[13:00] {bruce} ceco broke 17 on the retrace
[13:00] {Threei} have a good evening guys, see you tomorrow
[13:01] {dptl} have a good evening all
[13:01] {dino} you 2, good job guys/gals
[13:01] {bruce} night all
[13:01] {magoo} ty vad
[13:01] {magoo} good nite
[13:01] {dino} ditto
Session Close: Wed Jan 23 00:00:00 2008

January 18, 2008

Session Start: Fri Jan 18 00:00:00 2008

Session Time: Fri Jan 18 00:00:00 2008

[05:11] {Threei} 8 am, and they are out in full force... no rest for wicked indeed:
[05:11] {Threei} FED'S LACKER: BUSINESS SPENDING SLOWDOWN MAY UP RECESSION ODDS, MUST ADDRESS OTHER INFLATION, NOT JUST CORE
[05:11] {Threei} - economic growth could be slow in coming months; - Economic Growth To Be 'Very Weak' For Several Months
[05:11] {Threei} - Further easing 'quite possible'
[05:11] {Threei} - Higher inflation trend could complicate Fed policy
[05:11] {Threei} - Must keep overall inflation anchored, not just core rate
[05:11] {Threei} - Expects moderate job growth in 2008
[05:21] {Threei} US TREASURY SECRETARY PAULSON: THE US ECONOMY HAS SLOWED DOWN, -RISKS ARE TO THE DOWNSIDE - WIRE CITING TV INTERVIEW
[05:21] {Threei} - Opposes moritorium on mortgage foreclosures
[05:21] {hawkfan4} they never sleep
[05:22] {Threei} - Higher inflation trend could complicate Fed policy... and ... plan to get money into economy this year
[05:24] {Threei} THE GUARDIAN is scared:
[05:24] {Threei} - "Here are a few facts we learned about the US yesterday: housing starts in December hit their lowest level in 16 years and the property market "appears to be in freefall", according to the boss of the Cleveland Federal Reserve. If housing starts fall another 20%, the position will be the worst since record-keeping began in 1959."
[05:24] {Threei} - "The futures market, having heard the Fed chairman, Ben Bernanke speak, thinks there is a 44% chance that interest rates will be cut by 0.75 percentage points at the end of this month, something that has not happened in decades."
[05:24] {Threei} - "Now here's the really scary bit: Merrill Lynch's ghastly fourth-quarter figures included a $3B write-down "related to the firm's hedges with financial guarantors." The prose may be drab, but the meaning is electric: Merrill is saying that insurers who have written guarantees for certain bonds may not be good for the money."
[05:33] {Threei} Nuggets of wisdom continue pouring in:
[05:33] {Threei} FED'S LACKER: SOMETIMES THERE IS AN UNPREVENTABLE DECLINE IN GROWTH
[05:33] {hawkfan4} lol
[05:33] {Threei} I need Raven's reassurance...
[05:34] {Raven} incredible
[05:34] {Raven} pathetic
[05:34] {Threei} I feel grossly inadequate at times when so much wisdom ios being given from high above to unworthy me, and for free
[05:35] {Raven} it ain't free ... we're paying the salaries of these turkeys
[05:35] {Threei} amnot
[05:35] {Threei} am across the border
[05:35] {Raven} damb Canuk
[05:35] {Threei} free for me
[05:35] {Raven} eh ?
[05:36] {Threei} unless you consider disdusting CAD/US exchange rate my form of payment
[05:36] {Raven} sort of
[05:36] {cosmo} hmm ...maybe a good time to bye
[05:37] {Threei} btw, younder worthy proceeded to say:
[05:37] {Raven} bye ?
[05:37] {cosmo} cell?
[05:37] {Threei} FED'S LACKER: STIMULUS PLAN CAN SOMETIMES HELP RESTORE GROWTH - Q&A- ' Says We pay attention to the USD alot', as lower dollar provides some inflation boost
[05:37] {Raven} sigh
[05:37] {cosmo} agree
[05:37] {Raven} cold ... 14F
[05:38] {Threei} not as cold as in my former habitat... - 40 F
[05:38] {Raven} ouch
[05:38] {cosmo} 40F here .. i think
[05:39] {Raven} cosmo in paradise
[05:39] {Threei} Bobby Fischer died
[05:39] {Raven} yes
[05:40] {Threei} hey, he isn't done yet:
[05:40] {Threei} - Notes not troubled by foreign investment in US banks and financials, expects more, reiterating Fed speak
[05:40] {Threei} why would he be troubled by that?
[05:40] {Threei} it's investors who should be
[05:40] {Threei} I mean, if you give me 10 mil, would I be troubled?
[05:40] {Threei} not in the least
[05:40] {Threei} should you?
[05:41] {Threei} by all means
[05:41] {Raven} and you would be gone in an instant
[05:41] {Threei} faster
[05:41] {Raven} lol
[05:41] {Threei} that would go like that:
[05:41] {Threei} you make a transfer, then click Reload Page,
[05:41] {Threei} before it refreshed, me is so gone
[05:42] {Threei} you pick up the phone and call me,
[05:42] {Threei} guess what you hear?
[05:42] {Threei} Number not in service
[05:42] {BillyD} morning RT :)
[05:42] {Raven} but you could stay here .... invest the $10M ... turn it into $1M
[05:42] {Threei} Billy :)
[05:43] {Raven} hi BD
[05:43] {Threei} you e-mail, autoresponder says "returned, mailbox non-existent"
[05:45] {cosmo} SWKS
[05:45] {Threei} frikin IBM
[05:45] {Threei} we needed this gap up as rabbit needs STD
[05:48] {BillyD} anything worthy this morning so far....don't see much
[05:49] {Threei} don't rush billy, we have all day to find all that is not worthy
[05:49] {BillyD} :)
[05:49] {Threei} be back in 5... don't buy all IBM there is while I am gone
[05:49] {dino} gm all
[05:50] {BillyD} dino :)
[05:51] {cosmo} SGEN public offering of $10M @ $9/sh
[05:51] {cosmo} 9.35 pre mkt recovery high ..fwiw
[05:52] {dino} gm bd
[05:54] {Threei} dino :)
[05:58] {Threei} FED'S LACKER: LOWERED GROWTH FORECAST SINCE DEC EMPLOYMENT REPORT, MORE INCLINED TO CUT RATES -Q&A COMMENTS- Notes inflation is still higher than he would like and Fed should not ignore it, not worried about over shooting on rate cuts
[05:59] {dptl} good morning all
[05:59] {Threei} dp :)
[06:03] {esemde} morning rt's
[06:03] {Threei} ese :)
[06:03] {esemde} when does the schrub....or is that Bush give his highlight package speech today?
[06:04] {dino} just short it es
[06:04] {esemde} ok...can do
[06:09] {bruce} acor looks potentially poised for breakout
[06:14] {esemde} has to be some kind of technical bounce at least in the market......every stock that i'm looking at has had the crap kicked out of it
[06:14] {esemde} brutal looking charts
[06:17] {magoo} morning, running a lil late w/snow
[06:17] {Threei} mags :)
[06:18] {bruce} throws a snowball at mags
[06:18] {esemde} magoo
[06:18] {Threei} yes ese, but being too early in attempts to find a bottom will kill many
[06:19] {Threei} market can stay irrational longer than one can stay solvent
[06:19] {Threei} and usually does
[06:19] {esemde} indeed....
[06:19] {esemde} sure has been interesting to watch
[06:20] {esemde} to be honest...kind of scares the ...you know what out of you
[06:21] {dino} back in 30
[06:21] {Threei} only that first time you see this kind of meltdown
[06:22] {Threei} as you learn to stay mostly on a sideline during such emotional times and pick up only those crumbs you can read clearly, you find it rather enetrtaining and very reassuring,
[06:22] {Threei} world is bleeding, you are scalping your little plays here and there
[06:23] {esemde} true
[06:23] {Threei} world loses billions, you make your modest hundreds
[06:23] {lumdus} gm all. what's the futures at ?
[06:23] {magoo} u watching solf csiq vad?
[06:23] {Threei} evryone says "ouch, this is cruel", you say "ugh, really/"
[06:23] {esemde} lum +17 for S&P's
[06:23] {Threei} NQ is +18.5 lum
[06:24] {lumdus} tks. nice rebound hre
[06:24] {Threei} yes mags, this group seems to be destined to recover big when market pressure is easing finally
[06:24] {esemde} maybe.....should tank when bush does his thing
[06:24] {Threei} yeah, this rebound to me is nothing but agony prolongation
[06:26] {Threei} don't forget guys, this is friday before the long weekend
[06:26] {esemde} what time...our time does he do his speech
[06:26] {esemde} this is a long weekend for the Market Vad
[06:26] {Threei} not sure ese
[06:27] {Threei} yes
[06:27] {Threei} STOCK MARKETS IN FREE FALL: SEMANTICS OF A BEAR MARKET- "A bear market is a fall of 20% that was preceded by a rise of 20%," says Bespoke Investment Group. "Currently, the bears are one for five, with the Russell 2,000 falling into bear market territory today. The Nasdaq looks to be the next to go if we don't get a turnaround real soon. The tech-heavy Nasdaq is now 18% below highs reached on October 31st and has just 2% to go on the downsid
[06:27] {Threei} The S&P 500, DJIA and Russell 1,000 are all about 15% off their highs. With the free fall we're in now, we could easily be five for five by the end of January."
[06:28] {Threei} IBM at some point should be a short
[06:28] {Threei} not rushing in, this is kind of "too obvious"
[06:28] {Threei} so hopefully qwe can find the moment when it kills early pessimists
[06:29] {Threei} then profit from reality setting in
[06:31] {Threei} see this somewhat uncharacteristic volatility on IBM?
[06:32] {BillyD} yes, some drop
[06:32] {Threei} good sign of emotions running high, and early birds getting killed
[06:32] {BillyD} yeah, 1pt in one sec
[06:32] {BillyD} bids disappeared
[06:32] {Threei} this dollar between 105.5 and 104.5 was not a normal trading by any means
[06:33] {Threei} on both sides
[06:33] {BillyD} no
[06:33] {BillyD} especially for a thicker stock
[06:33] {Threei} yes
[06:33] {Threei} small shares short under .80
[06:33] {Threei} stop above 106
[06:34] {Threei} no aggressive entry between those levels
[06:35] {Threei} got .75, just 200 shares
[06:36] {lumdus} i thought futures where hire
[06:36] {magoo} long fslr .70 small 300 sh
[06:36] {BillyD} out IBM + .33
[06:36] {Threei} out +.50
[06:36] {BillyD} too sooon
[06:37] {BillyD} ty Vad
[06:37] {Threei} welcome
[06:37] {Threei} what rpice did you get?
[06:37] {BillyD} took 1/2 on first drop at .46
[06:37] {BillyD} .80
[06:37] {magoo} arca good today? have hidden
[06:37] {Threei} no, I mean on entry
[06:37] {Threei} oh
[06:37] {Threei} good fill
[06:37] {BillyD} when I saw bid drop I hit it
[06:38] {BillyD} order was at .76 I think
[06:38] {Threei} I had .70 limit, got just 200 at .75 and nada after that
[06:38] {BillyD} it got squirrely there after first drop
[06:39] {cosmo} swks
[06:39] {cosmo} 8 test
[06:40] {cosmo} gee
[06:45] {Threei} IACI
[06:45] {Threei} short .30 half lot
[06:45] {Threei} .51 stop
[06:46] {BillyD} it triggered right
[06:46] {Threei} yes
[06:46] {BillyD} ok in .34
[06:48] {BillyD} stubborn here
[06:50] {Threei} the stubborner they are the gooder they behave when/if they give in (I can hear raven groaning)
[06:50] {BillyD} lol
[06:50] {Raven} {}
[06:52] {lumdus} "the gooder". he hee
[06:53] {bruce} why .50 for stop vad - looks like .45 would have been enough
[06:53] {Threei} let's trail to .46 now
[06:54] {bruce} k - gooder by me
[06:55] {Threei} IACI becomes deader by minute
[06:56] {Threei} stop to .41
[06:56] {Threei} couldn't break .40 earlier so let's play it by the book
[06:57] {Threei} I am not about to yield any single cent to the enemy today
[06:58] {BillyD} how's arca...I have it turned off
[06:58] {Threei} so far so good
[06:58] {BillyD} ty
[06:59] {bruce} ibm looks to be setting up for another drop
[06:59] {Threei} out
[06:59] {dptl} stopped too
[07:00] {bruce} likewise - just my luck - missed ibm got stopped iaic
[07:00] {Threei} DEC LEADING INDICATORS: -0.2% V -0.1%E
[07:00] {Threei} *JAN PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 80.5 V 74.5E
[07:01] {Threei} look at NQ jump
[07:01] {BillyD} yeah, didn't help us
[07:01] {Threei} that's illustration to the point I made a day ago
[07:01] {Threei} shorting downtrend in bear market is not the same as going long in uptrend in bull
[07:02] {esemde} how do you mean Vad?
[07:02] {Threei} why would confidence be so much higher than estimate?
[07:02] {Threei} well, downtrend in bear market is getting interruopted more often
[07:02] {Threei} and spikes are quite violent
[07:03] {esemde} which means there is a turnaround coming
[07:03] {Threei} not necessary
[07:04] {bruce} we should be gettign some nice big downdrafts
[07:04] {Threei} it's just that: bear markets are tougher to trade even for those who are comfortable with shorting
[07:05] {Threei} more shakeouts
[07:05] {esemde} OK....i get it
[07:07] {dino} sm l gs 191.45
[07:07] {Threei} keep ARCA off Billy... bs started :)
[07:07] {BillyD} sheesh, ARCA sticking
[07:07] {BillyD} lol
[07:07] {magoo} yeah..i hid it AGAIN
[07:07] {magoo} rewally screws u up
[07:08] {BillyD} especially in these real volatile ones
[07:08] {Threei} 11:50 for the speech TV said
[07:08] {Threei} EST
[07:08] {cosmo} speech?
[07:09] {Threei} ummm... toast?
[07:09] {Threei} AAPL
[07:09] {Threei} small shares long .75
[07:09] {Threei} stop under .50
[07:10] {BillyD} it trigger?
[07:10] {bruce} stpped aapl
[07:10] {Threei} and went to .90 after that
[07:11] {BillyD} ok, by time I pull up....it's hard to tell sometimes
[07:11] {dino} gs stop to b/e
[07:13] {dino} out gs 192.50, +1.05
[07:16] {Threei} XLNL short under 21
[07:16] {Threei} half lot
[07:16] {Threei} 21.06 stop
[07:16] {Threei} sorry, 21.04
[07:17] {lumdus} xlnl .. no quotes for that damm !
[07:17] {Threei} XLNX
[07:18] {BillyD} blinked, it broke and missed it
[07:18] {BillyD} good setup
[07:19] {dptl} yes same here Bd
[07:19] {bruce} me too guys
[07:19] {bruce} should work out fine since I missed it
[07:19] {lumdus} try again .. close enough
[07:19] {Threei} what limit did you use?
[07:19] {BillyD} .97
[07:20] {dino} lol bruce
[07:21] {bruce} sheesh dino - lost on every trade but one yesterday
[07:22] {dino} yesterday is dead, bury it or it'll stink of the place
[07:22] {dino} up=of
[07:25] {BillyD} cosmo...you watching SWKS
[07:26] {cosmo} 8.24 hod
[07:26] {BillyD} is it strong for a b/o if triggers
[07:26] {BillyD} don't know it's behavior
[07:26] {cosmo} watch the 8.20 test
[07:27] {BillyD} k, thx
[07:27] {cosmo} then decide
[07:28] {esemde} i'm watching SWKS Billy ....was thinking long
[07:28] {esemde} at .20
[07:29] {BillyD} if it holds here and goes maybe then.....can't seem to find much confidence in stocks doing what is expected either way so far
[07:29] {esemde} what would you look for at the .20 test cosmo
[07:29] {lumdus} nvda
[07:30] {dino} xlf l .90, stop lod
[07:30] {Threei} CSIQ, .45 long if holding above .20
[07:30] {Threei} C&H
[07:31] {lumdus} nvda nasty pullbacks ouch
[07:31] {cosmo} increased pace of activity and a melting wall would be a sign
[07:31] {cosmo} i think
[07:33] {lumdus} csiq stop ?
[07:33] {Threei} [10:30] {Threei} CSIQ, .45 long if holding above .20
[07:33] {lumdus} it trigger no ?
[07:33] {esemde} thanks cos...
[07:34] {Threei} sigh
[07:34] {lumdus} damm.
[07:35] {cosmo} XLNX again?
[07:35] {Threei} not sure
[07:36] {esemde} long SWKS agressive entry 8.14 half lot
[07:36] {BillyD} CSIQ true to form....lol
[07:36] {esemde} stop .94
[07:37] {dino} spwr l sm .75 wide
[07:38] {dino} xlf stopped .85 -.05
[07:39] {dino} spwr stopped -.65
[07:40] {dino} rinsed spwr
[07:40] {lumdus} yeah, csiq took my profit for the day. what a nasty one.
[07:40] {Threei} KLAC .71 long , stop under .60
[07:41] {Threei} how many shares of it did you play??
[07:41] {esemde} OK have a question..if I wanted to add another 1/2 lot to swks should i do it on a dip or as it breaks the high
[07:42] {esemde} is one method better than the other....
[07:42] {dino} dk es, i never add
[07:42] {Threei} not really... they are just different, personal preference
[07:43] {lumdus} csiq 1k
[07:43] {Threei} you are kidding
[07:43] {lumdus} no, i am not. what should i do ?
[07:43] {Threei} do you regulate your shares size depending on stock's volatility?
[07:44] {lumdus} yes, that is 1/2 lot
[07:44] {BillyD} hehe
[07:44] {esemde} SWKS top line 11% growth 26% sequential income growth.....just thought it might be worth it on this one
[07:44] {Threei} let's try it other way... what's your max loss on any given trade?
[07:44] {esemde} first time i've looked at fundamentals on a stock for a long time
[07:45] {dino} don't do it es
[07:45] {Threei} ese is slipping in abyss...
[07:45] {BillyD} rofl
[07:45] {dino} push him vad, end his misery
[07:46] {Threei} lol
[07:46] {esemde} al right...alright....but i'm in gambling mood this morning....i'm warning you....no trades for the last 4 days....
[07:47] {dino} missed a good week es
[07:47] {esemde} have a hook on trigger finger...too pull it away
[07:47] {esemde} i'm getting that impression dino...but i wanted to watch you alll
[07:47] {Threei} the biggest irony of this dialog is, paying attention to fundamentals is being labeled as gambling
[07:47] {dino} roflol
[07:48] {esemde} i agree with that
[07:48] {cosmo} SWKS needs to hold 8 ... a fundamental trading concept for me
[07:48] {cosmo} ... it should hold 8.05 ...imho
[07:49] {dino} reading is fundamental cos
[07:49] {esemde} volume is good +%230 i think it will...
[07:49] {dino} twin l .50, stop .18
[07:49] {Threei} lum?
[07:50] {lumdus} yes,
[07:50] {Threei} let's get to the bottom of this risk control thingy
[07:50] {lumdus} max loss.. i don't have any
[07:50] {Threei} back to MPP then, risk control part
[07:50] {Threei} read how it's calceulated and do it,
[07:50] {dino} what the? twin careful gaps
[07:50] {Threei} that will protect you from situations like this
[07:51] {esemde} SWKS looking like classic trade from Vads Tech of Tape reading p.125
[07:51] {lumdus} let's do this a little alter maybe.. i want to watch something
[07:51] {esemde} duplicate as a matter of fact
[07:52] {Threei} I already said what you need to do lum, do it at your convinience
[07:53] {lumdus} yes, i read it. I was up for the day +.85 and csiq i managed wrong and blew me out. that's just a mistake. no loss for the day, so i am managing the risk.
[07:53] {cosmo} swks 8.05 testing support
[07:53] {esemde} needs sp/nq help
[07:54] {dptl} stopped klac
[07:54] {cosmo} swks patiently waiting for mkt up-turn
[07:54] {bruce} stopped klac
[07:55] {lumdus} short btu
[07:55] {esemde} where is your buy poin t cos if it turns up
[07:55] {lumdus} is the market less volume today ?
[07:57] {cosmo} hmm .... 8.15, if it has good pace
[07:59] {cosmo} nah... right here ...with a stop at 8.04 ... who knows?...
[07:59] {BillyD} blk on SWKS ...lets see what it does
[07:59] {esemde} cos is that a buy or sell for 152K at .10 couldn't tell
[08:00] {esemde} tks billy didn't see your post
[08:00] {BillyD} another one
[08:00] {BillyD} wait and see
[08:00] {esemde} huge blks...huge
[08:00] {BillyD} could be distribution and not much change
[08:00] {cosmo} me neither...
[08:01] {esemde} is there a way to tell
[08:01] {cosmo} time and sales chart
[08:01] {cosmo} ... that's not moving too fast
[08:01] {dino} adlr
[08:01] {Threei} sometimes there is ese, not in this case
[08:01] {magoo} i been on phone last 30...did klac trigger and fall back..or still valid setup?
[08:02] {Threei} leave it alone mags
[08:02] {magoo} well, actuall now looks to be invalidating
[08:02] {magoo} ok, my fault, tenant issues grrrrrrrrrrr
[08:02] {Threei} market does its best today to stop both shorts and longs
[08:03] {BillyD} [08:29] {BillyD} if it holds here and goes maybe then.....can't seem to find much confidence in stocks doing what is expected either way so far
[08:03] {BillyD} ditto Vad
[08:04] {lumdus} yeah, either way you can get stopped today.
[08:04] {Threei} QID aggressive long somewhere here
[08:04] {magoo} vad, u or me on u know what
[08:04] * Threei slaps LaserDave1 around a bit with a large trout
[08:04] {Threei} your turn
[08:04] * magoo slaps LaserDave1 around a bit with a large trout
[08:05] {Threei} NQ breakdown of 1870 should do the trick for QID
[08:06] {Threei} broke
[08:06] {Threei} out .51
[08:07] {BillyD} gj
[08:07] {Threei} finally some follow through
[08:08] {esemde} nice teach....
[08:08] {dino} ehth
[08:08] {esemde} huge wall seems like on SWKS at .10/,11
[08:09] {esemde} why would abreakdown of nq sen QID up Vad
[08:10] {Threei} QID is opposite tracking of NQ
[08:10] {Threei} goes up when NASDAQ dowen, and visa versa
[08:11] {Threei} just the way to play NASDAQ without actual futures
[08:11] {Threei} to me, more convinient than QQQQ
[08:12] {esemde} didn't know that.....so are those shares short in QID
[08:12] {Threei} yes, that's why it moves in inverse relation to nasdaq
[08:13] {dino} two times es
[08:14] {esemde} don't get that 2x's
[08:14] {magoo} qqq moves dime up...qid moves .20 down
[08:15] {BillyD} it's a matter of volume
[08:15] {dino} and down we go
[08:15] {BillyD} more stable liquidity on QQQQ for larger traders imo
[08:15] {dino} ok just about a 200 pt range, need the 300 average
[08:15] {esemde} ok i get it.....
[08:16] {esemde} so right now ...huge bet market is heading down
[08:17] {Threei} I look at it differently ese
[08:17] {Threei} market goes down, so QID as a short tracking device goes up
[08:17] {magoo} problem i see is this...one of these days this mkt gonna have a FEROCOUS rally up 500 points
[08:17] {magoo} not saying more than day or two...but its gonna kill shorts
[08:18] {magoo} spell check raven lol
[08:18] {magoo} FEROCOUS rally up 500 points
[08:18] {magoo} [11:17] {mago
[08:18] {magoo} FEROCOUS
[08:18] {Raven} not
[08:19] {Threei} why is it a problem mags? you have so much sympathy for shorts?
[08:19] {magoo} no, i just do not wanna get caught short
[08:19] {magoo} its coming.today, tues wed its coming soon
[08:19] {magoo} magoostradamas
[08:19] {BillyD} stop loss is all you need
[08:20] {dino} de sm l .00
[08:20] {BillyD} wiseman hehe
[08:20] {BillyD} seer
[08:20] {bruce} bg dino
[08:20] {magoo} ah billy..my visions are of spikes so violent no stop can save u he he
[08:20] {BillyD} ROFLOL
[08:20] {dino} dk
[08:21] {magoo} spikes of magnatude man has never seen
[08:21] {patience} dino, is the beer fridge open already?
[08:21] {magoo} me and dino hit the bar last nite
[08:21] {magoo} HARD
[08:21] {magoo} but hey, we mics
[08:22] {bruce} de stop to 78.50 or so dino?
[08:22] {dino} lol patience
[08:22] {dino} y bruce
[08:22] {esemde} so theoretically you can short the shorts with QID
[08:22] {bruce} thanx
[08:22] {magoo} now es confusing magoo
[08:23] {Threei} was so tempetd by QID at .60
[08:23] {Threei} and decided it was likely to pullback more
[08:24] {dino} sorry bruce too soon
[08:24] {dptl} i got .66 and out .86
[08:24] {bruce} sheesh
[08:24] {bruce} maybe worth try at 78 again?
[08:25] {dino} frigging rinses today, have to go smaller
[08:25] {bruce} k
[08:26] {Threei} firther breakdown should follow guys
[08:26] {Threei} this is not over
[08:26] {magoo} make the call vad...u got the ball
[08:26] {bruce} .37 waqs lod on de from yesterday
[08:26] {bruce} sure enough - bounced there
[08:27] {Threei} in
[08:27] {Threei} .75
[08:28] {dptl} out +.10
[08:29] {dino} like a double bottom from yesterday
[08:29] {magoo} nice quick scalp dp
[08:29] {bruce} yep
[08:29] {dptl} ty
[08:30] {dino} gj
[08:31] {dptl} lucky
[08:31] {Threei} ugh, missd new entry
[08:32] {BillyD} yes
[08:32] {BillyD} I didn't pull trigger
[08:32] {Threei} Bush tv
[08:32] {bruce} that a new channel?
[08:32] {Threei} lol
[08:32] {dptl} lol
[08:34] {dptl} swks short?
[08:35] {dino} i said short him
[08:35] {dino} dji wants 12,041
[08:36] {bruce} not sure
[08:36] {bruce} is bush tv gardening or one of mags porn channels?
[08:36] {lumdus} ibm going now sheesh
[08:36] {dino} oh boy
[08:37] {bruce} long ibm on 104 break dino?
[08:37] {lumdus} maybe 104.10 break
[08:38] {cosmo} i think its a nascar channel bruce ... i think
[08:38] {bruce} good idea lum
[08:39] {lumdus} i am just scalping for +.15 and i am out. recovering nicely in my portfolio
[08:39] {lumdus} xlxn watching for long
[08:40] {Threei} speech is over, market is not impressed
[08:40] {dptl} swks?
[08:41] {Threei} no read by me
[08:41] {dptl} ok
[08:41] {cosmo} done for the day
[08:41] {cosmo} swks
[08:41] {lumdus} what happened cosomo ?
[08:41] {cosmo} swks is in a coma
[08:42] {bruce} big dump ibm - you were on money to wait for break confirmation
[08:42] {lumdus} i actulaaly shorted it
[08:42] {lumdus} got +.45 but something screweey with my quotes today.
[08:43] {cosmo} hmm ...well, you prolly wont get hurt..
[08:43] {bruce} good play
[08:44] {bruce} what was short signal to you?
[08:44] {lumdus} couldn't pass .10
[08:45] {lumdus} watching amzn long
[08:45] {bruce} spwr dino
[08:45] {lumdus} if i could get it close to .50 i happy
[08:47] {dino} dk bruce, just kindda watching things
[08:48] {Threei} anyone got QID for this NQ drop?
[08:49] {esemde} Not I ....but i'm off for the weekend take care...
[08:50] {dptl} was thinking at .51 but no
[08:50] {Threei} take care ese, see you on Tusday
[08:50] {esemde} gonna take my 30}00 loss in SWks and be off
[08:50] {dino} later es
[08:50] {magoo} not i ..after ES..don't know how to play it anymore he he
[08:56] {Threei} [11:26] {Threei} this is not over
[08:56] {Threei} I'd say this is so not over
[08:57] {Threei} bounce time now
[08:57] {Threei} and down again
[08:57] {dino} see my 11:35 post
[08:57] {bruce} ndaq looks weak - any read vad?
[08:59] {Threei} short somewhere close to 37
[09:03] {dino} well i was off by 9
[09:09] {Threei} one more little spike, and down again
[09:10] {dino} ndx is green fwiw
[09:11] {dino} de off of .50
[09:11] {BillyD} timing these turns is tedious
[09:11] {Threei} finger on a trigger
[09:12] {Threei} i .83
[09:12] {Threei} in
[09:12] {lumdus} in what ?
[09:12] {Threei} QID
[09:13] {Threei} .74 stop
[09:13] {dino} logi spike
[09:16] {Threei} out .95
[09:16] {bruce} stopped ndfaq
[09:17] {BillyD} Vad, were you just playing it for a 1:1 scalp
[09:17] {dptl} out +.10 ndaq
[09:17] {Threei} originally no, but lost confidence as it jerked around too much
[09:18] {BillyD} ok,. I was thinking more ended up out flat at .85
[09:18] {BillyD} trading this thing is split second decision/execution
[09:18] {Threei} not always... but with this market action, yes
[09:19] {Threei} QID available for shorting again
[09:20] {Threei} can play both directions
[09:20] {dptl} it's wierd sometimes bids and offers disapiring with no trades
[09:21] {BillyD} yeah, looks thick and then no more...and don't see it on T&S
[09:21] {dptl} and few levels gone
[09:22] {dptl} gotta be really fast
[09:22] {bruce} de stop about 77 dino?
[09:22] {BillyD} it seems stocks are very volatile or a turtle
[09:22] {dino} .99
[09:23] {dino} it seems to be getting stronger
[09:23] {lumdus} yeah, i just need to figure out which way to be on and make the money. right now flaaat as a horse
[09:23] {dptl} Vad that arca issues ......is that arca prob itself or genesis?
[09:24] {lumdus} dpt, my quotes get screwey today. not sure who it is
[09:24] {dino} vad is your problem
[09:24] {Threei} with EDGX it was EDGX... ARCA, not sure, but by the way it goes, seems it's on ARCA side
[09:24] {LaserDave1} Hey guys
[09:24] {BillyD} hey dave
[09:24] {LaserDave1} there are issues with Arca
[09:25] {LaserDave1} many firms have these issues with ARCA tight now
[09:25] {dptl} ok ty
[09:25] {dino} sigm hod
[09:25] {LaserDave1} Genesis is currently putting in new lines a different way to ARCA
[09:25] {lumdus} why is wm running ?
[09:25] {LaserDave1} they should be finished next week
[09:25] {LaserDave1} and ARCA should be awesome with laser again
[09:25] {magoo} hi dave
[09:26] {LaserDave1} if you use laser
[09:26] {LaserDave1} it will be good
[09:26] {BillyD} BTW dave Laser is awesome
[09:26] {dino} de to b/e bruce
[09:26] {bruce} thanx dino
[09:26] {LaserDave1} thanks Billy appreciate it
[09:26] {LaserDave1} it will even be much better once the ARCA issue is taken care of
[09:26] {BillyD} so is LaserDave 1 :)
[09:26] {lumdus} wm !!!@
[09:26] {LaserDave1} ha
[09:26] {LaserDave1} thanks bro:)
[09:26] {BillyD} lol
[09:27] {dino} all luvie dovie today
[09:27] {LaserDave1} ok guys
[09:27] {LaserDave1} group hug time
[09:27] {bruce} out de +.45
[09:27] {BillyD} lol
[09:27] {dino} gj bruce
[09:27] {lumdus} out wm +.42
[09:28] {dino} wtg
[09:28] {bruce} thanx dino
[09:28] {bruce} need some wins
[09:28] {Threei} I am sorry, I just have to chime in here
[09:29] {dino} one bad day bruce, thats all, shake it off. i was negative on wed.
[09:29] {dptl} swks hod
[09:29] {Threei} what is so awesome, I am asking for years to add this feature
[09:29] {Threei} "do not execute losing trades"
[09:29] {Threei} and still can't get them do it
[09:30] {dino} hard wire thing vad
[09:30] {BillyD} I was so happy for a brief while :(
[09:30] {lumdus} wm still going dammit !
[09:30] {Threei} WM takeover chatter
[09:31] {lumdus} shoot i got out too quick
[09:32] {magoo} i have a real estate apptnmt @ 12:45..be back after that in hour
[09:32] {magoo} DO NOT..I REPEAT...DO NOT make any winning trades without magoo lol
[09:33] {lumdus} xlnx might do it
[09:34] {bruce} thanx dino
[09:34] {bruce} hey mags
[09:34] {bruce} be sure to share
[09:34] {bruce} lol
[09:36] {dino} ipcs a bit of blood
[09:36] {dino} out de .00, +.50
[09:37] {lumdus} xlnx either your move now .. or i sell you :)
[09:38] {bruce} congrats dino\
[09:38] {BillyD} you tell'em lum
[09:38] {lumdus} now he got to listen .. you know,
[09:38] {lumdus} s bud
[09:38] {bruce} sigm short here dino?
[09:39] {dino} y
[09:39] {dino} stop wold be hod
[09:40] {lumdus} what an active lunch hour
[09:40] {lumdus} common bud, go down and then i drink some for you ok ?
[09:40] {bruce} missed
[09:42] {bruce} klac short dino?
[09:42] {bruce} forget it - not enough range
[09:43] {dino} dk
[09:44] {lumdus} by the time i could decide which way i guess the market going it already went.
[09:44] {lumdus} amazing to watch this kind of stuff
[09:55] {lumdus} back in wm
[10:01] {dino} markets in limbo
[10:02] {patience} no kidding, i'm in one trade waiting for the squeeze of the shorts
[10:02] {lumdus} yeah, the only one who can make money is dave on commission
[10:03] {dino} lol
[10:04] {dino} sm l ipcs .70
[10:15] {lumdus} s pep
[10:16] {lumdus} .65 s pep
[10:17] {lumdus} out +.30
[10:19] {lumdus} damm. i left 1/2 of it
[10:19] {Threei} looking to short QID for s caklp
[10:20] {Threei} in
[10:20] {Threei} .15 stop
[10:22] {dino} ipcs stopped ave .54, -.16
[10:23] {lumdus} 3i, with pep i had .30 profit and ran and now.. damm could get another .50 - did i do something wrong or take your chances
[10:24] {Threei} just a personal choice... there is no way in this volatility to tell what is going to continue and what will bounce right back
[10:24] {BillyD} QID stopped me
[10:25] {lumdus} ok, as long as i am not mi-trading tx
[10:25] {bruce} short in qid based soley on nq vad?
[10:25] {bruce} nice small stop there dino
[10:26] {bruce} was afraid of that one since it was so thin
[10:29] {dino} me too
[10:30] {bruce} I actually bid - then chickened out and cancelled
[10:30] {bruce} cluck
[10:30] {bruce} cluck
[10:30] {patience} that's ok bruce.....today is a tough day to trade
[10:30] {bruce} thanx patience
[10:30] {bruce} they all are for me
[10:31] {lumdus} yes, crazy tuff. no follow thru jerking me all day here ..
[10:32] {bruce} we missed hig dino
[10:32] {bruce} had a nice recovery
[10:32] {BillyD} Vad, on QID...did you take a quick small scalp on it
[10:32] {BillyD} in mid in .96 area earlier
[10:32] {Threei} 1 sec
[10:32] {Threei} done
[10:32] {Threei} no, got stopped and reentered
[10:33] {BillyD} ok
[10:33] {bruce} sigm hod
[10:33] {Threei} should have taken that scalp you mentioned, it was at 1:1
[10:33] {Threei} missed cover due to outside distraction
[10:33] {BillyD} yeah, but geez you think it would have given us a little more
[10:34] {lumdus} any chance of a nice rebound .. h
[10:34] {Threei} second time around it looked more confident
[10:34] {Threei} first was in the same jerky jerkty department
[10:34] {BillyD} yes, gonna be a bit more patien here
[10:34] {BillyD} we were on the cusp on first one
[10:35] {Threei} how many sares of it you trade Billy?
[10:35] {Threei} shares even
[10:35] {BillyD} that time 500
[10:35] {BillyD} -.12 on stop
[10:35] {Threei} you know, try cutting it down to 300 these days, you'll be surprized
[10:35] {BillyD} I have sometimes
[10:35] {Threei} it makes much bigger moves than usual,
[10:35] {Threei} so less size will still yeiled very nice profits
[10:36] {BillyD} ok, will do
[10:36] {BillyD} it still hit the stop
[10:36] {Threei} however, on a stop side it will give you more breathing room to account for heightened volatility
[10:36] {BillyD} regardless
[10:36] {BillyD} very true
[10:36] {Threei} and even when hits even padded stop,
[10:37] {Threei} you will feel more confident for another try
[10:37] {BillyD} that's the key
[10:37] {BillyD} staying confident
[10:38] {BillyD} sometimes when you get jerked around and barely stopped a few times....you want to kick the stock off screen :)
[10:38] {lumdus} yeah, trying that now billD
[10:39] {bruce} taking break and walk
[10:52] {BillyD} long day so far
[10:53] {dino} yeah
[10:53] {lumdus} since i started trading .. rough all along - does it ever get better ?
[10:53] {BillyD} vad, IDIX holds well considering all things and recent move
[10:56] {Threei} fall was very good
[10:56] {Threei} I would keep an eye on it billy... but not rush in
[10:57] {BillyD} yes, will wait for things to turn up a bit
[10:57] {BillyD} Lum, I thought you were doing well from your trades I saw
[10:57] {lumdus} yeah, some volume anyway is good .. geesh even rimm aint moving
[11:01] {Threei} no technical read, just a feeling:
[11:01] {Threei} masrket is more likely to go down from here so look to go long WID
[11:02] {dptl} qid youmean
[11:02] {lumdus} i am looking sideways as usual
[11:02] {Threei} yes
[11:03] {lumdus} look how tight amzn is trading.. that tells me nothing going to move either way
[11:06] {lumdus} nihd having problems all day. 3i, would you look to short it on break ?
[11:06] {dptl} damn thing shaked me out again
[11:06] {lumdus} who nihd ?
[11:07] {dptl} qid
[11:11] {Threei} not sure lum
[11:12] {dptl} in .06 qid
[11:13] {lumdus} 3i, you not sure if this will ever get better ?
[11:13] {Threei} huh?
[11:13] {Threei} you asked about NIHD
[11:14] {lumdus} oh, yeah, i left it already
[11:15] {dptl} stopped
[11:18] {BillyD} tough one eh dp
[11:19] {dptl} ye
[11:20] {lumdus} whole damm market is tought. i am watching 5 normal active stocks and they aint moving
[11:20] {Threei} frida before the long weekend after such a nervous week
[11:21] {Threei} what do you expect, normal orderly trading?
[11:21] {lumdus} tx for the heads up.. now i know
[11:21] {Threei} just FYI, I said it in the morning
[11:21] {Threei} as a warning
[11:22] {lumdus} ok, good heads up
[11:29] {lumdus} thank you .. i see your post
[11:30] {lumdus} need to be me more alert
[11:30] {bruce} gme at yesterdays low dino
[11:31] {lumdus} 3i, i know you don't look at nyse usually. can you check mo for short ?
[11:31] {Threei} I increasingly do look at it
[11:32] {lumdus} ok, and what you think ? has more downside ?
[11:32] {Threei} it does, my concern is, risk is very high here... it already made more than its usual daily reange
[11:32] {Threei} and nears major supports on daily
[11:33] {lumdus} just feels like a nice rop on it any second
[11:33] {Threei} true
[11:34] {magoo} back
[11:34] {lumdus} i could already see it by 73 :)
[11:34] {dptl} out qid+.38 damn thing
[11:34] {lumdus} a break of 75 and this goes bang kaboom
[11:34] {Threei} finally dp
[11:34] {dptl} ye ...took me three trys
[11:35] {Threei} that's the most irritating component of last week:
[11:35] {Threei} it IS possible to read the direction, and I do it mostly right,
[11:35] {Threei} but to find the entry that won't shake you out before going where it should
[11:35] {Threei} is totally another matter
[11:36] {dptl} yes to many shakes this week
[11:36] {Threei} in a paradixical way, this is the market where undisciplined trader may sometimes perform better
[11:36] {lumdus} hmm, now i understand why i did well :)))
[11:36] {Threei} lol
[11:37] {Threei} he shrugs, ignores his stop, turns away and prays,
[11:37] {Threei} in 30 min he is nicely in the money,
[11:37] {Threei} never mind that his loss at some point was twice his stop :)
[11:37] {lumdus} you in my head or something .. get out of it now !!
[11:38] {Threei} nah, just have a camera over your shoulder
[11:38] {dptl} look at this i got filled at .79 right at the top rearly happens to me
[11:38] {Threei} but you can't demand to turn it off - that would put you at unfair advantage vs other room members
[11:38] {Threei} (magoo, leave that beer alone, will ya)
[11:39] {dptl} another entry?
[11:40] {Threei} dp... you know what dino will say about that, right?
[11:40] {dptl} luck
[11:40] {Threei} yes :)
[11:40] {Threei} well, by chart it is
[11:40] {Threei} a850 is NQ resistance to short of
[11:40] {dptl} ah too late
[11:40] {Threei} 1850
[11:40] {Threei} but you see how it goes today:
[11:40] {Threei} it comes to resistance, hesitates, breaks it
[11:40] {Threei} goes much higher
[11:40] {lumdus} ok, so where we at now ?
[11:41] {Threei} and then reverses only after all who tried to short give up
[11:41] {Threei} that's your shakeouts
[11:41] {Threei} so how about we try and account for that
[11:41] {Threei} leave it be here
[11:41] {Threei} let it try and do this trick again
[11:41] {dptl} ye you right
[11:42] {Threei} if it does, cool, you avoided shakeout and found better entry
[11:42] {Threei} if it doesn't so what
[11:43] {lumdus} damm mo, still not moving the big drop. common hit it now !
[11:43] {BillyD} lol
[11:44] * Threei hits MO over the head with 2x4
[11:44] {lumdus} thank you much more. let me know when to scoot !
[11:45] {Threei} there is no way to read it unless it does vertical drop lum
[11:45] {Threei} just trail stop, don't let profit slip away
[11:46] {Threei} 75.01 now, IMO
[11:46] {lumdus} ok, i'll lock it .50 profit and hope for the best . tx
[11:46] {Threei} lost .80, can trail to .91
[11:46] {lumdus} ok
[11:47] {Threei} but honestly, I would still keep it at 75.01
[11:47] {lumdus} ok
[11:47] {lumdus} compromosie .93
[11:47] {Threei} as we near end of day, selloff is still more likely than sizeable bounce IMO
[11:48] {lumdus} ok, then i risk it .. thanks. it just looked so damm weak it actually asked me to short it
[11:48] {BillyD} dino, your Dow number hit and then some
[11:48] {dptl} xlnx short?
[11:48] {Threei} 1840 breakdown NQ would form inverted C&H on 1 min
[11:49] {Threei} hmmm
[11:49] {Threei} not the best candidate, dp
[11:49] {dptl} ok
[11:51] {lumdus} vad, trail now ?
[11:51] {Threei} .91 now for sure
[11:52] {Threei} die NQ
[11:52] {lumdus} vad, you see if this was a quick sell i would cover.. but it is slowly painfully going dow i think i get much more from those moving quick.
[11:52] {Threei} that's the way
[11:54] {BillyD} I can see the move on QID L2 before on NDX chart candle
[11:54] {lumdus} vad mo, bouces a drop and then takes a dip again. if it bounces above .84 i am out
[11:55] {Threei} whatever happens after that, it's a beautiful trade
[11:55] {lumdus} i watied all day for this trade, man it got very frustrating today.
[11:56] {lumdus} i thihk it might be over for now .. oh, shoot
[11:56] {lumdus} out
[11:56] {lumdus} tx vad for the help
[11:57] {lumdus} +.75
[11:57] {Threei} wtg'
[11:57] {Chaeron} niiiicee
[11:57] {BillyD} gj
[11:57] {patience} sweet
[11:57] {lumdus} tx
[11:58] {bruce} calling ita day - reached myt loss limit again
[11:58] {bruce} see you all next week
[11:59] {BillyD} bye bruce
[12:00] {Threei} let's see if this shake is over
[12:00] {lumdus} need to reboot
[12:01] {dino} shorts going to cover
[12:01] {Threei} .19 - .42 scalp
[12:01] {BillyD} wow, just got QID at .23 and out at .38, .43
[12:01] {BillyD} feel like a hero
[12:02] {BillyD} lol
[12:02] {Threei} :)
[12:02] {dptl} nice
[12:02] {patience} great feeling :)
[12:02] {dino} gj
[12:02] {Threei} scenario decsribed earlier worked like charm
[12:02] {Threei} about shakes that go way deeper than expected
[12:03] {Threei} when it got ridiculous, opportinity jumped on you
[12:03] {BillyD} kinda like golf dino....1st 17 holes frustrating and last one good makes you come back
[12:03] {BillyD} yes Vad
[12:04] {Threei} just don't club it with your titanium whatever you use
[12:04] {Threei} opportunity I mean
[12:04] {BillyD} nah...nice easy pitching wedge for small accurate shot
[12:04] {Threei} btw,
[12:05] {Threei} how many shares?
[12:05] {BillyD} 300
[12:05] {Threei} there you go
[12:05] {Threei} lowering size worked too
[12:05] {Threei} freed mind for intuitive perception
[12:05] {Threei} by removing fear factor
[12:05] {Threei} enough psycho-babble for you?
[12:06] {BillyD} past that stuff
[12:06] {Threei} 'cause I can also go on about childhood issues
[12:06] {Threei} ice cream sister never bougth you
[12:06] {BillyD} u sure u want to...hehe
[12:07] {Threei} :)
[12:08] {Threei} timely cover MO, lum
[12:09] {lumdus} tx
[12:09] {Threei} went above 75, why give up that chucnk of profit
[12:09] {lumdus} nvda .. missed
[12:09] {lumdus} yeah, that was it
[12:10] {dino} de l .25 sm
[12:14] {lumdus} xmsr take off !
[12:16] {Threei} i don't see news
[12:16] {Threei} another round of merger rumors?
[12:17] {Threei} probably, SIRI went too
[12:18] {lumdus} amzn if market turn around i think ihope
[12:19] {lumdus} looks like panic out there
[12:20] {BillyD} I dont see it....imo
[12:22] {dino} de stop is .98
[12:23] {dino} stopped -.27
[12:24] {lumdus} maybe just alot of indecision out
[12:25] {BillyD} yeah, you will know a panic when it happens
[12:25] {cosmo} or more likely, immediately afterwords...
[12:26] {BillyD} yes cosmo
[12:26] {lumdus} why did xmsr runup ?
[12:26] {BillyD} don't know
[12:26] {lumdus} wonder if there is a re-entry here or it's done
[12:27] {Threei} [15:16] {Threei} i don't see news
[12:27] {Threei} [15:16] {Threei} another round of merger rumors?
[12:27] {Threei} [15:17] {Threei} probably, SIRI went too
[12:28] * magoo slaps Threei around a bit with a large trout
[12:29] {Threei} hmmm
[12:29] {Threei} what did I do
[12:29] {Threei} this time
[12:30] {lumdus} look at amzn .. can't move an inch either way. can't trade anything
[12:30] {cosmo} xlnx testing hod
[12:30] {cosmo} soon
[12:32] {lumdus} ok, amzn break 80 and run and let me catch you.
[12:34] {lumdus} vad, you think we go up or down by close or a 50/50
[12:34] {Threei} 51/49... but I don't know in what favor
[12:35] {lumdus} great answer.. my feelings exactly
[12:35] {Threei} I stll feel down is more likely
[12:37] {dino} close -44 dji, comp -6
[12:37] {dino} for a beer
[12:37] {patience} day after options expiry is usually a down day so i vote for down before close today
[12:38] {dino} ok 50 more pts up dji
[12:38] {cosmo} xlnx testing hod .52
[12:39] {cosmo} slippery devel...
[12:39] {lumdus} short hon 55.01 stop 55.09
[12:40] {lumdus} everything whippy i will risk very limited cash in any trade now.
[12:43] {lumdus} hmm, maybe i should just quit while i am ahead ..
[12:44] {lumdus} xmsr reload ?
[12:45] {Threei} no idea, there is nothing technical to this move
[12:45] {Threei} opure momo on rumors
[12:45] {lumdus} yeah, sure is trading like momo
[12:46] {magoo} i have to say it.u guys/gals{patience} think today was hard or easy trading day?
[12:46] {patience} croak
[12:47] {patience} 1 trade and it was fussy
[12:47] {lumdus} very hard trading today
[12:47] {magoo} vad??
[12:47] {dino} de rinsed
[12:48] {Threei} don't look at me, I wasn't here even
[12:49] {dino} hard day magoo, imo
[12:49] {magoo} what u mean? I wasn'ty here..u were
[12:49] {Threei} OK, careful long QID
[12:49] {lumdus} it has been hard since i joined
[12:49] {Threei} .95 trigger
[12:49] {Threei} if holding above .85
[12:49] {Threei} oh, it's lum's fault
[12:49] {lumdus} 10 minutes left to rading
[12:50] {magoo} get him guys
[12:50] {lumdus} common, i was good today. posted 2 good trades
[12:50] * magoo slaps lumdus around a bit with a large trout
[12:51] {lumdus} looks like qid triggered.
[12:51] {Threei} half out QID
[12:51] {Threei} triggered? it's already over 1:1, lol
[12:52] {magoo} roflol vad
[12:52] {BillyD} you guys are killing me
[12:52] {dptl} :)
[12:52] {BillyD} comical
[12:52] {Threei} stop to .89
[12:54] {Threei} it's magoo's fault, he stunned lum with trout
[12:54] {Threei} stop to .94
[12:54] {magoo} i was looking for some help too
[12:54] {lumdus} yeah magood.. you trhough me off my game here ..
[12:54] {dino} gj
[12:55] {magoo} was hoping to slap u right out of room..we've done that before
[12:55] {magoo} a rapid barrage of well placed slaps
[12:55] {Threei} plus a bribed technician cutting off your cable
[12:56] {BillyD} nice QID read Vad
[12:56] {Threei} stop to .99
[12:56] {Threei} no lose trritory
[12:56] {Threei} scalpers are out of course
[12:56] {Threei} ty billy
[12:56] {Threei} sheesh XMSR
[12:56] {lumdus} out xmsr
[12:57] {lumdus} .23 out
[12:57] {lumdus} gosh .. didn't even see it go
[12:57] {magoo} billy, next time u better help when i put out the call-to-arms bro :)
[12:57] {Threei} it didn't
[12:57] * BillyD slaps lumdus around a bit with a large trout
[12:57] {BillyD} sorry for delay
[12:58] {Threei} lol
[12:58] {Threei} ok guys, calling it a day
[12:58] {lumdus} the best feature i like is the trailing stos. i had .10 offest and just takes care of itself
[12:58] {Threei} have a good relaxing long weekend
[12:58] {BillyD} have a nice 3 day wknd everyone
[12:59] {lumdus} nice weekend and thanks
[12:59] {Threei} see you on Tuesday for a nice ordely trading with 98% success rate
[12:59] {lumdus} i guess monday we off ?
[12:59] {dptl} have a good weekend all
[12:59] {Threei} ok, 97
[12:59] {patience} monday, i am working....toronto is open
[12:59] {patience} nobody to keep me company :(
[12:59] {magoo} ty vad, ty everybody
[13:00] {magoo} gonna miss u monday
[13:00] {dino} i am downloading tradelog tax info
[13:00] {dino} markets worsty week in 5 years
[13:01] {cosmo} tuesday?
[13:01] {cosmo} not monday?
[13:02] {cosmo} checking
[13:02] {Threei} I'll drop by to say "nya nya nyanya nya" patience
[13:02] {patience} cosmo as a point, the market is closed on monday isn't it?
[13:02] {cosmo} it is?
[13:03] {magoo} yes, us mkts closed, some sort of holiday
[13:03] {dino} take care all