Realitytrader Trading Log, May 9, 2007
05/09/07 05:43:33 magoo morning RT
05/09/07 05:43:46 Threei magoo... one word,
05/09/07 05:43:49 Threei 4 letters,
05/09/07 05:43:55 Threei first letter is D
05/09/07 05:44:01 Threei second is N
05/09/07 05:44:05 DaveG lol
05/09/07 05:44:08 Threei you know thwe rest, right? :)
05/09/07 05:44:08 DaveG morning :)
05/09/07 05:44:12 Threei hey Dave
05/09/07 05:44:19 * DaveG out FWLT +7.85
05/09/07 05:44:22 DaveG oops
05/09/07 05:44:25 DaveG sorry color
05/09/07 05:44:25 * Threei slaps DaveG around a bit with a large trout
05/09/07 05:45:01 Threei first gap killed shorts
05/09/07 05:45:06 Threei this one kills longs
05/09/07 05:45:10 Threei and this is not over
05/09/07 05:46:10 magoo HOLY SHIT VAD
05/09/07 05:46:26 Threei there you go :)
05/09/07 05:46:27 DaveG yes, its down 60%%
05/09/07 05:46:28 * magoo slaps DaveG around a bit with a large trout
05/09/07 05:46:33 DaveG hey
05/09/07 05:46:37 DaveG i said sorry
05/09/07 05:46:46 Threei so what
05/09/07 05:46:50 DaveG sigh
05/09/07 05:46:54 Threei we need our morning exercise, sorry or not
05/09/07 05:46:59 DaveG :)
05/09/07 05:47:07 magoo vad, remember though, i always look at it short too, but hey, can NOT carry thatovernite
05/09/07 05:47:15 magoo was there NEWS????
05/09/07 05:47:16 Threei true
05/09/07 05:47:26 Threei see, it doesn't matter long or short in this case,
05/09/07 05:47:36 Threei both were equally gambling
05/09/07 05:47:50 DaveG the FDA wants more info from DNDN mags
05/09/07 05:48:10 Threei the very fact of attempting to bet on certain outcome in this situation is what separates a boy from man
05/09/07 05:48:14 magoo thanx dave...but i stick by my slap...no colors 4 u
05/09/07 05:48:40 DaveG :)
05/09/07 05:48:56 Threei no pro will do that other than with part of money he or she said good bye to
05/09/07 05:49:20 magoo where that really kills is that is ahead of the date...a surprise pounding
05/09/07 05:49:33 Threei I warned about that, remember?
05/09/07 05:49:38 magoo yep
05/09/07 05:49:41 DaveG yup
05/09/07 05:49:47 Threei said that the closer to the FDA date, the riskier,
05/09/07 05:49:53 Threei can be hatled earlier,
05/09/07 05:49:58 Threei can get by leaked info,
05/09/07 05:49:59 DaveG you were perfectly right
05/09/07 05:50:12 Threei can get overly volatilie (if that's possible)
05/09/07 05:50:20 Threei can gap overnight
05/09/07 05:50:23 Threei etc etc
05/09/07 05:50:57 Threei experience sometimes make one feel like a prohpet
05/09/07 05:51:05 Threei saw this scenario zillion times
05/09/07 05:51:59 Threei good thing I lost 3/4 of my trading account in single bite early on, lol
05/09/07 05:52:25 Threei that pain taught me more than thousand of ordinary trades
05/09/07 05:52:42 Threei could
05/09/07 05:53:10 Threei but sheesh... it's been over 10 years since then and I still remember that pain
05/09/07 05:53:26 magoo how much $$ u lose??
05/09/07 05:53:42 Threei my trading capital for the start was 40K
05/09/07 05:53:50 Threei that trade left with 11
05/09/07 05:53:54 Threei left me
05/09/07 05:53:58 DaveG daaang
05/09/07 05:54:37 Threei if you think it's not much, add this to the picture:
05/09/07 05:54:51 Threei immigrant in the new country,
05/09/07 05:54:59 Threei no spare capital to dip into,
05/09/07 05:55:11 Threei no profession to fall back onto,
05/09/07 05:55:43 gabby g morning all
05/09/07 05:55:50 Threei unfinished immigration case, in fact visitor status
05/09/07 05:55:53 Threei gabby :)
05/09/07 05:56:09 Threei which meant no right to work even at mcdonalds
05/09/07 05:56:12 esemde good morning everyone
05/09/07 05:56:17 Threei esemde :)
05/09/07 05:56:31 Threei throw 2 kids to feed in the picture
05/09/07 05:56:37 Threei and you get the idea :)
05/09/07 06:02:08 Threei did I scare you all off? :)
05/09/07 06:02:30 DaveG i want my mommy!
05/09/07 06:02:34 DaveG :)
05/09/07 06:02:58 Threei someone needs a shrink, I see G
05/09/07 06:03:01 DaveG lol
05/09/07 06:03:18 DaveG a little goofy today with a huge gain :)
05/09/07 06:03:33 DaveG i'll be heading to my corner shortly
05/09/07 06:03:45 magoo i think its alot of money....scary, been there unfortunately
05/09/07 06:04:50 Threei school of hard knocks, eh?
05/09/07 06:04:57 DaveG big time
05/09/07 06:06:37 craigaudio hey you big babies im back
05/09/07 06:06:51 DaveG wb craig
05/09/07 06:07:23 craigaudio hey dave. been over to your side of the pond. just got back from miami
05/09/07 06:07:50 DaveG cool
05/09/07 06:08:10 Threei hi craig, welcome aboard
05/09/07 06:08:59 craigaudio good to be aboard
05/09/07 06:10:43 cosmo DNDN ...hmm...opportunity
05/09/07 06:11:02 cosmo ....opportunity to learn
05/09/07 06:11:08 Threei uhhu... opportunity to navel-gaze :)
05/09/07 06:11:25 cosmo i learnd that first
05/09/07 06:11:35 esemde any thoughts on the FED today?
05/09/07 06:12:16 Threei as usual on such days:
05/09/07 06:12:24 Threei try to grab a piece of early activity,
05/09/07 06:12:33 Threei go to defensive side later in the day,
05/09/07 06:12:43 Threei stay flat at the moment of announcement,
05/09/07 06:12:56 Threei let first hectic activity go by,
05/09/07 06:13:09 Threei then look for new opportinities as if it were morning
05/09/07 06:13:19 craigaudio been quiet this week leading up to it hasnt it
05/09/07 06:13:36 Threei usually is
05/09/07 06:14:28 cosmo DNDN pre mkt low = 7.26 fwiw
05/09/07 06:14:56 cosmo spike low
05/09/07 06:16:20 esemde FDA wants more critical Data to support the company's efficacy claim contained in the biologics License application for prostate cancer treatment
05/09/07 06:16:26 magoo adam f on real money, situation unclear, but looks like additional trial data needed, will take until mid 2008 to deliver if this is indeed it
05/09/07 06:17:41 esemde if anyone was short at close yesterday it becomes one helluva short for sure!!
05/09/07 06:18:04 magoo i was short scalping it yesterday if u recallr
05/09/07 06:18:15 magoo biut nothing overnite
05/09/07 06:18:33 esemde to bad......could retire
05/09/07 06:19:56 magoo anyone following csco as a bounce play?
05/09/07 06:20:00 cosmo CSCO looks testy
05/09/07 06:20:50 cosmo DNDN on cnbc
05/09/07 06:22:24 dieter good morning
05/09/07 06:22:33 Roman Gapping up on strong earnings/guidance: TRT +19.9%%, PED +12.7%%, MVSN +12.2%% (also upgraded to Buy at Jefferies), B +10.1%%, FWLT +9.0%%, MFLX +8.7%% (very light volume), MMS +5.6%%, FTGX +5.1%%, MFB +4.0%%, KNXA +3.9%% (also upgraded to Buy at Needham), TRLG +3.8%%, NRGY +3.7%%, ORA +3.7%%, BRL +1.8%%...
05/09/07 06:22:39 lklarson morn all
05/09/07 06:22:43 dptl gm all
05/09/07 06:22:45 Roman M&A: RTP +5.9%% (RTP soars on BHP bid talk; denies approach - Reuters), FLA +6.0%% (discloses additional details of Fortress acquisition offer; very light volume)...
05/09/07 06:22:58 Roman Other news: NCI +9.2%% (commences modified Dutch Auction tender offer to purchase up to 10.5 mln shares at $19.50-$22.50/share), ASTI +6.7%% (wins high efficiency solar cell program), ISIS +6.5%% (announces cardiovascular disease collaboration with Bristol-Myers), PAL +5.9%% (Cramer positive on stock), ONT +4.9%% (to unveil Flix Publisher Live at Streaming Media East),
05/09/07 06:23:10 Roman ANAD +4.4%% (supplies 3G power amplifiers for LG Electronics' VX9400 TV-capable phone), DAL +3.7%% (hearing initiated with a buy at tier-1 firm), COGT +3.4%% (says Court affirms co's right requiring return of technology improperly used by Northrop Grumman), JRCC +1.0%% (follow-through momentum after yesterday's earnings report), SMCI +3.6%% (initiated with a Buy at Merrill).
05/09/07 06:24:40 Threei dieter, klk, dp :)
05/09/07 06:25:35 gabby Do you think there could be a bounce play in DNDN 3i
05/09/07 06:26:09 Threei sure...
05/09/07 06:26:13 magoo i think it has more downside imho
05/09/07 06:26:30 gabby no rush
05/09/07 06:26:31 magoo close 5 bucks
05/09/07 06:26:31 Threei just not before we can get clean setup with minimal risk
05/09/07 06:29:18 Threei amazingly enough, it's still available for shorting
05/09/07 06:30:38 esemde DNDN.... thats definately filling the gap for sure.......understatement
05/09/07 06:31:56 cosmo MVSN
05/09/07 06:32:10 Roman HAUP Hauppauge Digtl reports Q2 EPS of $0.12 vs $0.10 in yr ago period; revs $29.89 mln vs $26.68 mln in yr ago period (5.71 )
05/09/07 06:32:20 Threei keep an eye on MECA
05/09/07 06:32:32 Threei same setup as yesterday is still valid
05/09/07 06:32:32 Roman watching HAUP
05/09/07 06:32:37 Threei 3.11 long
05/09/07 06:33:06 Threei just let full quotes come into effect first, make sure it's not just accidenatl enthusiastic buy rifght out of the gate
05/09/07 06:33:22 Roman HAUP could print $7 today
05/09/07 06:33:22 Threei that triggers your entry
05/09/07 06:33:24 Roman and over
05/09/07 06:34:39 Threei wow... serious bid HAUP, if true
05/09/07 06:37:43 magoo RIMM nutsoralla
05/09/07 06:38:14 Threei bid is real on HAUP
05/09/07 06:40:05 cosmo CEGE
05/09/07 06:40:15 cosmo possible healer
05/09/07 06:40:23 Roman JRCC
05/09/07 06:40:25 Roman on radar
05/09/07 06:41:14 Roman GOAM continues
05/09/07 06:46:27 Threei Short Setup: NVDA 32.79 trigger if stays below .95
05/09/07 06:48:54 Threei if NQ drops fast, grab NVDA aggressively with stop 33.01
05/09/07 06:49:02 Threei if goes above 33 before that, forget it
05/09/07 06:55:29 magoo vad, u like nvdae
05/09/07 06:56:06 Threei can't get a read on it now magoo
05/09/07 06:56:14 Threei it ruined all early setups
05/09/07 06:56:30 Threei just no indication either way, random moves
05/09/07 06:56:33 esemde watching dndn for interest sake...it has to bounce..too many market makers having to buy shares
05/09/07 06:56:51 esemde they'll want to make money
05/09/07 06:57:03 Threei why do they have to buy?
05/09/07 06:57:32 magoo RIMM sheesh
05/09/07 06:57:37 magoo was 133 last week
05/09/07 06:57:58 esemde required to take other side of trade....or is that not the case anymore
05/09/07 06:58:30 esemde or does that just apply on NYSE
05/09/07 06:58:33 Threei there are way too many variables to that
05/09/07 06:58:48 Threei can't build any kind of trading strategy around this
05/09/07 06:58:59 cosmo AVNR
05/09/07 06:59:06 cosmo 3.0 test
05/09/07 06:59:16 esemde definately not...at least not for me anyway
05/09/07 06:59:25 Threei there is no requirement to MM to take position
05/09/07 06:59:57 gabby NVDA still valid 3i?
05/09/07 07:00:20 Threei [09:52] Threei it ruined all early setups
05/09/07 07:00:20 Threei [09:53] Threei just no indication either way, random moves
05/09/07 07:01:13 Threei if you really feel adventorous this morning
05/09/07 07:01:17 Threei DNDN long here
05/09/07 07:01:26 Threei stop under 7.20
05/09/07 07:01:37 Threei I presonally stay away
05/09/07 07:02:15 cosmo AVNR
05/09/07 07:04:10 Threei Short Setup: AKAM 44 trigger
05/09/07 07:04:29 Threei stop 44.21
05/09/07 07:05:05 Threei invalidated
05/09/07 07:07:55 gabby out dndn +.15
05/09/07 07:08:01 gabby tks 3i
05/09/07 07:08:07 DaveG wtg gabby!
05/09/07 07:08:14 magoo nice
05/09/07 07:08:25 gabby scary
05/09/07 07:08:29 Threei now we know who lack adrenalin :)
05/09/07 07:08:51 craigaudio yes i took dndn
05/09/07 07:09:06 craigaudio thanks vad
05/09/07 07:09:13 DaveG i didn't :)
05/09/07 07:09:59 Threei welcome guys... be very careful with this thing
05/09/07 07:10:23 craigaudio yes im trailing with second half left
05/09/07 07:11:12 Threei get out here IMO
05/09/07 07:12:06 craigaudio trail stopped out
05/09/07 07:18:14 Threei AKAM is valid again, half lot
05/09/07 07:20:30 Threei stop above 44.20
05/09/07 07:20:37 magoo nvda sh off 33
05/09/07 07:25:05 esemde PAET....
05/09/07 07:27:40 lklarson out akam 1:1
05/09/07 07:27:45 Threei 1:1 AKAM
05/09/07 07:27:56 Threei good job lkl
05/09/07 07:28:04 Threei you are very consistent
05/09/07 07:28:04 lklarson thx vad
05/09/07 07:28:20 lklarson sticking to my guns:)
05/09/07 07:29:32 lklarson its really a test of my disipline
05/09/07 07:30:44 Threei it's nothing... real test of one's discipline is listening to me singing and staying in the same room, staying conscious, not calling 911, not trying to shoot me
05/09/07 07:31:00 dptl lol
05/09/07 07:31:18 lklarson its all relative i guess, lol
05/09/07 07:31:32 esemde roman...still long 700shsTRIS from yesterday 3.55 it didn't hit my stop at 3.20 close to the end of the day..are you still with this one
05/09/07 07:31:33 cosmo vogons love it
05/09/07 07:32:02 esemde PAET second wind ?
05/09/07 07:32:31 magoo RIMM vad, nuts
05/09/07 07:32:46 Threei probably PAET... a bit too thin for my taste
05/09/07 07:32:56 Threei oh, and real test of one's bravery is to try and take Roman's dessert from him
05/09/07 07:33:42 Threei something about MECA still keepsa my attention
05/09/07 07:34:18 esemde How are you defining thin Vad...volume or spread?
05/09/07 07:34:32 Threei look at level 2,
05/09/07 07:34:49 Threei sizes are rarther on smallish side,
05/09/07 07:35:03 Threei gap between levels is inconsistent,
05/09/07 07:35:12 Threei 11.99 offer,
05/09/07 07:35:16 Threei then 12.09
05/09/07 07:35:33 esemde gottcha...i see that
05/09/07 07:35:37 Threei looking at the chart,
05/09/07 07:35:56 Threei 10:13 candle
05/09/07 07:36:03 Threei 39 cents in one gasp
05/09/07 07:36:24 Threei those are all signs of a jumper
05/09/07 07:36:54 esemde ahhh.......oui!!!
05/09/07 07:37:08 Threei on TRIS, I would trail the stop to just under 3.40
05/09/07 07:37:22 esemde will do... thanks
05/09/07 07:38:08 esemde TRIS is very thin.....based on your definition
05/09/07 07:38:55 Threei that's why they are able to make such moves
05/09/07 07:39:10 Threei thicker stocks would have hard time to go such distances
05/09/07 07:39:28 Threei have a look at ORCL for instance
05/09/07 07:39:40 esemde Roman plays those very consistently....very impressive
05/09/07 07:40:01 esemde OK orcl
05/09/07 07:40:09 Threei thick like (insert the name of someone you consider very stupid)'s skull
05/09/07 07:40:20 Threei huge sizes,
05/09/07 07:40:24 Threei huge float,
05/09/07 07:40:29 Threei tiny spread,
05/09/07 07:40:39 Threei tiny and consistent gap between levels
05/09/07 07:40:44 Threei takes an army to move it
05/09/07 07:40:53 Threei as a result, look at its daily ranges
05/09/07 07:41:08 Threei narrow, slow
05/09/07 07:41:19 magoo so where does akamstand in relation vad?
05/09/07 07:41:20 esemde gottcha again 18.50 to 19.00
05/09/07 07:41:37 Threei and most of the days it barely moves half of that
05/09/07 07:42:13 Threei AKAM is on the volatile side although most of the time it's not as jumpy as those small thin ones
05/09/07 07:42:21 esemde how do you make money with such low volitility
05/09/07 07:42:40 esemde or are you looking for a compromise
05/09/07 07:42:50 Threei I would say, AKAM is manageable when the weather is good and becomes extremely jumpy when it's getting hot... news or something like that
05/09/07 07:43:16 Threei with ORCL? I just don't trade it 99%% of the time :)
05/09/07 07:43:59 esemde you need something to jump start it
05/09/07 07:44:33 Threei yeah, and even then it's not easy trader
05/09/07 07:44:41 Threei it has to digest so many shares for each tick
05/09/07 07:45:01 craigaudio yhoo short?
05/09/07 07:45:22 Threei .94 trigger YHOO
05/09/07 07:45:35 Threei there is certain sweet spot,
05/09/07 07:45:43 Threei volatilie enough to provide the potential,
05/09/07 07:45:55 Threei not overly volatile so risk is controllable
05/09/07 07:46:28 Threei if you ignore latter, you are a dopamine addict
05/09/07 07:46:47 cosmo hmmm
05/09/07 07:47:15 Threei if you ignore former, you have hard time staying awake, so you pick stocks that allow you to take a nap between ticks
05/09/07 07:47:43 cosmo i c
05/09/07 07:48:50 cosmo just set your stop and sit back
05/09/07 07:50:00 Threei magoo... NVDA stop to 33.15 IMO
05/09/07 07:50:54 _davegroom what is IMO?
05/09/07 07:51:02 Threei in my opinion
05/09/07 07:51:02 DaveG in my opinion
05/09/07 07:51:09 Threei some use IMHO
05/09/07 07:51:22 _davegroom k thnks
05/09/07 07:51:27 Threei but I rarely do since I have hard time convincing people that I am humble
05/09/07 07:51:35 DaveG :)
05/09/07 07:52:26 dptl lol
05/09/07 08:05:08 Threei OMPI small shares long .40 if stays above .20
05/09/07 08:12:16 magoo jade vad..spiker
05/09/07 08:12:43 _davegroom is GROW worth going after?
05/09/07 08:12:44 Threei jumpy one...
05/09/07 08:12:50 Threei JADE that was
05/09/07 08:13:21 Threei GROW, I'd stay away
05/09/07 08:13:42 dptl altr....
05/09/07 08:13:47 _davegroom thnks
05/09/07 08:14:12 magoo JRCC high
05/09/07 08:14:19 Threei JADE is toughie magoo... hard to envision it breaking .30 wihtout serious news behind the move
05/09/07 08:14:36 magoo how about JRCC?
05/09/07 08:14:51 Threei JRCC I like
05/09/07 08:15:01 Threei half lot
05/09/07 08:15:14 Threei ummm... 3/4 lot
05/09/07 08:15:26 Threei stop under .20
05/09/07 08:20:34 Threei trail to .29
05/09/07 08:27:26 lklarson meca moving
05/09/07 08:28:15 Threei sneaky thing eh?
05/09/07 08:28:35 craigaudio no play cause of the jump though vad?
05/09/07 08:28:56 Threei .11 was entry
05/09/07 08:29:04 Threei it will give more chances
05/09/07 08:29:07 Threei there
05/09/07 08:30:03 Threei this feels like slow accumulation stage
05/09/07 08:30:12 Threei won't go right up,
05/09/07 08:30:22 Threei will jerk around for a while
05/09/07 08:30:33 magoo wheres meca stop?
05/09/07 08:30:39 Threei .94
05/09/07 08:30:40 magoo 2.99?
05/09/07 08:30:43 craigaudio missed csco
05/09/07 08:30:57 Threei possible swing, depending on how it behaves today
05/09/07 08:31:09 Roman MECA prelim $0.02 vs $0.03 Reuters consensus; revs rose 2.4%% from a year ago to $284.2 mln (3.09 +0.04)
05/09/07 08:32:11 magoo not so good rreally
05/09/07 08:32:21 Threei why not
05/09/07 08:32:25 Threei two things
05/09/07 08:32:36 Threei first, it's yesterday's news that created potential on it
05/09/07 08:32:39 Roman As mentioned at 11:26, MECA reported Q1 EPS of $0.02 vs. $0.03 two analyst ests; revs increased 2.4%% from a year ago to $284.2 mln.
05/09/07 08:33:02 Threei second, with eps less than expected, it didn't drop
05/09/07 08:33:20 Threei it broke yesterday's resistance
05/09/07 08:33:48 magoo how many shares u take? DL?
05/09/07 08:33:54 Threei held very well when news buyers took profit yeaterday
05/09/07 08:34:02 Threei IMO, all this is worth 16 cents risk
05/09/07 08:34:06 Threei yes
05/09/07 08:36:46 craigaudio anyone use TS?
05/09/07 08:36:51 Roman i do
05/09/07 08:36:55 lklarson yes
05/09/07 08:37:27 craigaudio just found a indicator called the Klinger. based on price and volume
05/09/07 08:37:48 lklarson where did you find it?
05/09/07 08:38:01 craigaudio this is my first indicator ive looks at for months, and only because it is based on volume
05/09/07 08:38:40 craigaudio on TS forum. think it might be quite handy. can look at divergence
05/09/07 08:38:52 lklarson ok, great
05/09/07 08:39:09 craigaudio i.e. if price makes new high but klinger doesnt then potential short
05/09/07 08:39:25 lklarson have you read the one post by ""the rumpled one""?
05/09/07 08:39:37 craigaudio yes i know avery
05/09/07 08:40:04 lklarson i use a few of his which are pretty good
05/09/07 08:40:10 _davegroom new trail on JRCC?
05/09/07 08:40:20 craigaudio hes a real nice guy. the guys has some amazing brainpower
05/09/07 08:40:40 lklarson yes, pretty amazing posts going on for years
05/09/07 08:41:16 craigaudio ive PM'd you klarson so we dont clutter this forum
05/09/07 08:41:30 lklarson ok, thx
05/09/07 08:42:49 Threei half out JRCC
05/09/07 08:43:03 magoo full out .76, THANX
05/09/07 08:43:28 Threei new stop .39
05/09/07 08:43:42 _davegroom thnks
05/09/07 08:43:49 Threei on what magoo?
05/09/07 08:44:08 magoo OMPI
05/09/07 08:44:12 Threei oh
05/09/07 08:44:42 magoo oh yeah, i have jr too
05/09/07 08:44:50 Threei good exit OMPI
05/09/07 08:44:59 magoo crazy spike
05/09/07 08:45:06 Threei yeah
05/09/07 08:45:14 Threei it can go more but easy money is made
05/09/07 08:45:25 Threei no need to chance it on feds day
05/09/07 08:45:33 magoo yeah, hard enough
05/09/07 08:46:43 _davegroom take profit on JRCC will go higher?
05/09/07 08:47:24 Threei personal preference... take scalp of try to trail half for the spike over .60
05/09/07 08:48:28 magoo .60 the wall
05/09/07 08:48:36 Threei yup
05/09/07 08:48:49 Threei they tend to spike hard IF they take such walls
05/09/07 08:50:04 magoo THEY????lol
05/09/07 08:50:40 Threei stocks :)
05/09/07 08:51:07 Threei they are watching us, you know
05/09/07 08:52:38 magoo only fair...we are certainly watching them
05/09/07 08:57:02 magoo any read TIE vads?
05/09/07 08:57:31 Threei yikes
05/09/07 08:57:47 Threei absolutely not
05/09/07 08:58:44 Threei we got several failry nice ones, no way I would risk destroying decent day with this monster
05/09/07 08:59:06 magoo that was a TEST he he
05/09/07 08:59:31 Threei did I pass?
05/09/07 09:01:45 magoo flying colors
05/09/07 09:01:51 Threei odd... I rarely do well on sanity tests
05/09/07 09:04:10 magoo FWLT??
05/09/07 09:04:12 magoo news?
05/09/07 09:05:23 esemde TIE should be spiking Vad..and rightfully so!!! man I can reach the par 5's at Cordova bay Golf Club by your place Vad NO SWEAT with my new KING Cobra Tie Driver 9.5 degree loft
05/09/07 09:05:35 DaveG earnings this am mags
05/09/07 09:05:44 DaveG just strong
05/09/07 09:05:44 magoo ty
05/09/07 09:05:47 DaveG np :)
05/09/07 09:06:31 _davegroom np= no play?
05/09/07 09:06:32 Threei now I know what TIE is doing, esemde :)
05/09/07 09:06:36 magoo i still reserve right to slap u for no reason with no warning
05/09/07 09:06:40 Roman BLUE
05/09/07 09:07:14 esemde Money well spent IMO on ...titanium Driver...take one for a test drive you'll never go back
05/09/07 09:07:58 Threei since I am no golf player, I'll address you to dino :)
05/09/07 09:08:19 esemde Whats' dino's cap?
05/09/07 09:09:02 esemde was playing of a 9 last year...so far 12 this year
05/09/07 09:09:35 esemde Played Royal Victoria in 4 over at christmas though
05/09/07 09:09:52 magoo dino golfing today fwiw
05/09/07 09:10:11 esemde ha ha ha ha......now that was funny!!!
05/09/07 09:18:38 magoo vad FWLT short scalp somehere, u got a read?
05/09/07 09:18:59 magoo nothing goes straight up
05/09/07 09:19:13 DaveG (im not shorting that, no way)
05/09/07 09:22:58 Threei sorry magoo... I will politely decline the suggestion to call anything on this one
05/09/07 09:24:43 magoo see that, had too
05/09/07 09:25:20 Threei yeah... I also see two previous similar spikes that looked no different than this last one
05/09/07 09:25:30 Threei and would have killed you if tyou tried shorting them
05/09/07 09:25:48 Threei pure dice throwing
05/09/07 09:28:53 DaveG now this pullback....maybe
05/09/07 09:29:24 _davegroom too late now?
05/09/07 09:30:45 Threei I don't want even comment on this stock... it's way beyond normal risk tolerance, not touching it with esemde's titanium driver
05/09/07 09:31:11 magoo imo...we missed the pullback with best odds
05/09/07 09:31:33 magoo dino and i play these, look for third spike up , faiolure, scalp down
05/09/07 09:31:44 magoo from here it can attack highs
05/09/07 09:31:57 Threei this is valid strategy
05/09/07 09:32:01 Threei but horrible stock
05/09/07 09:32:07 Threei JRCC baby
05/09/07 09:32:15 Threei .60 is taken
05/09/07 09:32:34 magoo if goes for high, fails and loses 86 trigger short scalp./..RISKYc
05/09/07 09:33:05 Threei out JRCC .68
05/09/07 09:33:15 magoo a btw, we usually wait for three spikes, really, if not, no setup
05/09/07 09:35:25 magoo waiting @ .79 vad
05/09/07 09:35:38 magoo ppppppppuuuuuuuuusssssssshhhhhhhhhhhh
05/09/07 09:36:03 Threei on JRCC?
05/09/07 09:36:08 magoo yep
05/09/07 09:36:26 Roman OSCI spike
05/09/07 09:37:18 magoo .78 rats
05/09/07 09:39:08 Roman UNTD high
05/09/07 09:39:20 Roman LMIA nice bounce off the lows
05/09/07 09:41:26 magoo so close but yet so far
05/09/07 09:41:56 magoo thats my arcab
05/09/07 09:42:46 magoo vads, apply your foot please
05/09/07 09:42:57 magoo .03 all i want
05/09/07 09:43:10 craigaudio markets spooky today. really strong.
05/09/07 09:44:17 magoo out .72 JRCC
05/09/07 09:45:25 Threei wtg
05/09/07 09:45:35 Threei good safe trade
05/09/07 09:52:32 Threei don't look at it now magoo
05/09/07 09:52:53 magoo never fails
05/09/07 09:53:06 esemde Am off, have a great rest of the day everyone
05/09/07 09:53:13 magoo bye es
05/09/07 09:53:16 Threei take care esemde
05/09/07 09:53:17 craigaudio bye
05/09/07 10:00:56 dptl well....it's not bad today......
05/09/07 10:01:16 lklarson thats for sure:)
05/09/07 10:01:40 craigaudio look at the chart of MHK
05/09/07 10:01:45 Threei well... we were picky and careful
05/09/07 10:01:47 DaveG i'm probably done, at 4 times day goal
05/09/07 10:03:06 dptl good job Dave
05/09/07 10:03:23 DaveG ty :)
05/09/07 10:03:24 Threei don't expect us to admire dave, unless you share
05/09/07 10:03:31 DaveG i did
05/09/07 10:03:34 dptl lol
05/09/07 10:03:37 Threei hmmm
05/09/07 10:03:41 DaveG :)
05/09/07 10:03:44 * Threei is checking his bank account
05/09/07 10:03:48 DaveG lolk
05/09/07 10:03:50 Threei nothing from dave
05/09/07 10:03:57 DaveG see pvt :)
05/09/07 10:05:50 Threei oh cool... dave dcced me my fair share
05/09/07 10:05:56 Threei great trading dave!
05/09/07 10:06:44 Threei side effect is, he is now only at his 2 days goal
05/09/07 10:11:09 Roman EFUT spike
05/09/07 10:13:54 DaveG lol
05/09/07 10:14:34 Threei see, sharing is good for you... just 7 minutes of crying, and dave is fine again
05/09/07 10:14:39 DaveG :)
05/09/07 10:25:31 magoo vad, i know u do not like to think, but any thoughts on MECA? ""just let it trade magoo and keep your stop"" magoo sighhs.................
05/09/07 10:26:27 Threei I like your monologues... they leave me able to remain silent :)
05/09/07 10:27:03 Threei MECA so far behaves as it should
05/09/07 10:27:32 Threei if I am correct and we witness early stage of accumulation, it tries to go up without attracting much attention
05/09/07 10:27:59 Roman MAMA high
05/09/07 10:28:01 Roman with some vol
05/09/07 10:28:10 Threei which means slowly making new highs, no spikes, no overwhelming volume, frequent pullbacks and periods of inactivity
05/09/07 10:29:19 Threei later when shares are accumulated by the interested party, it makes its intentions known
05/09/07 10:29:34 Threei crowd comes in, hits the stock, causing the spikes
05/09/07 10:29:45 Threei and our original player starts unloading into those
05/09/07 10:30:17 Threei if you spot this cenario early, you have a chance to side with smart money with very little risk
05/09/07 10:30:19 magoo which one u talking about?? he he
05/09/07 10:30:30 Threei ummm... FWLT of course G
05/09/07 10:34:16 Threei technically speaking, MECA has a gap to fill at 3.17, and once it breaks over that, not much to keep it from reaching 3.50
05/09/07 10:34:33 Threei this is probably where battle starts
05/09/07 10:35:02 Threei swing traders will want to unload half between .40 and .50
05/09/07 10:35:18 magoo what you going to do, hold it overnite?
05/09/07 10:35:28 Threei most likely, yes
05/09/07 10:35:35 Threei but let's return to it closer to eod
05/09/07 10:35:46 Threei when we have the whole picture for today
05/09/07 10:37:12 DaveG speaking of FWLT :)
05/09/07 10:44:58 Threei be back in 20, don't want to take new trades right beofre the feds
05/09/07 10:47:03 _davegroom what time is the FED east time?
05/09/07 10:47:33 lklarson 2:15pm
05/09/07 10:47:33 DaveG 215
05/09/07 10:51:31 _davegroom in 27 mins im pacific here
05/09/07 11:09:30 DaveG 10 ins
05/09/07 11:09:33 DaveG mins
05/09/07 11:17:13 Threei back
05/09/07 11:18:55 Chaeron no change
05/09/07 11:19:47 Roman FED SAYS CORE INFLATION REMAINS SOMEWHAT ELEVATED
05/09/07 11:19:51 Roman Fed says 'Future policy adjustments' depend on outlook, data
05/09/07 11:20:08 Roman BONDX FOMC leaves rates unchanged at 5.25%% as expected
05/09/07 11:21:05 Roman hard to believe that this market is going down
05/09/07 11:21:33 Threei it will be up in 3 minutes
05/09/07 11:21:38 Roman we probably end green just want to rinse some longs out and lure more shorts in
05/09/07 11:22:19 Threei there you go :)
05/09/07 11:22:26 magoo :0
05/09/07 11:23:11 Roman this bull market is just unreal
05/09/07 11:23:22 Chaeron here, Shortie, Shortie, Shortie... great image Roman :)
05/09/07 11:24:27 _davegroom comming up on DJ high
05/09/07 11:24:27 lklarson wow, you called it vad
05/09/07 11:24:46 Threei and exactly 3 min eh?
05/09/07 11:25:07 lklarson yes, amazing:)
05/09/07 11:25:28 Chaeron Vad getting more and more Canadian as time goes on with those ""Eh""s... heheh
05/09/07 11:25:46 Threei what would be californian for eh? :)
05/09/07 11:25:53 Chaeron ""dude""
05/09/07 11:26:04 Threei or dudette?
05/09/07 11:26:09 Chaeron lol
05/09/07 11:26:11 _davegroom Haaaaaa!
05/09/07 11:26:13 DaveG oy
05/09/07 11:26:27 _davegroom west coast boy here
05/09/07 11:26:38 Threei recent convert to west coast here :)
05/09/07 11:29:29 magoo there must be a trade here somewhere guys
05/09/07 11:29:40 DaveG +.28 fti
05/09/07 11:29:52 DaveG 4-4 today
05/09/07 11:30:23 Threei BRCM
05/09/07 11:30:34 Threei .41 long
05/09/07 11:30:50 Threei .19 stop
05/09/07 11:32:18 Threei NVDA exact same setup
05/09/07 11:32:50 Threei both will depend on NQ and are based on feeling that NQ is bound to go up
05/09/07 11:35:11 Roman CTCH
05/09/07 11:35:26 DaveG wow, thick
05/09/07 11:35:43 Roman i think 1.95 gets taken on CTCH
05/09/07 11:43:53 Roman BRCM triggered?
05/09/07 11:43:59 Threei yup
05/09/07 11:46:36 craigaudio nvda needs to move also
05/09/07 11:46:42 lklarson yes
05/09/07 11:46:57 Threei NVDA yes sir
05/09/07 11:47:03 craigaudio is there life in it?
05/09/07 11:47:50 Threei move stop to .29 NVDA
05/09/07 11:48:02 Threei move stop to .29 BRCM
05/09/07 11:48:20 Threei lol... absolutely similar setups at similar prices
05/09/07 11:48:22 magoo in nvda, notr in brcm
05/09/07 11:48:37 lklarson only in nvda
05/09/07 11:48:54 craigaudio in both plus meca
05/09/07 11:50:14 Threei NQ jump over 1915 should let us out of both
05/09/07 11:50:38 craigaudio taken half nvda. stop to entry
05/09/07 11:50:49 Threei NVDA 1:1 almost
05/09/07 11:51:23 Threei BRCM led for a while, trailing now... what's up with that, bad horsie
05/09/07 11:51:23 craigaudio i got filled on half then brought other half lower
05/09/07 11:52:12 Threei BRCM 1:1
05/09/07 11:52:19 magoo its brcm by a nose
05/09/07 11:52:24 Threei :)
05/09/07 11:53:08 craigaudio excellent Vad
05/09/07 11:53:50 craigaudio todays target accomplished :-)
05/09/07 11:54:00 Threei wtg
05/09/07 11:54:53 DaveG nice going
05/09/07 11:56:34 craigaudio nasdaq 15 min chart is a picture
05/09/07 11:56:55 Threei and I even know how to make it
05/09/07 11:57:41 Threei get a mule, get it drunk with a bucket of vodka, tie the pencil top its tail, put a sheet of paper under the pencil, pin the mule with needle
05/09/07 11:57:45 Threei there you have it
05/09/07 11:57:58 lklarson comon nvda
05/09/07 11:58:42 craigaudio stopped out on NVDA. tightened it up too much
05/09/07 11:59:13 Threei that was my last joke for the next 5 years
05/09/07 11:59:21 Chaeron promise???????
05/09/07 11:59:25 Chaeron (teasing)
05/09/07 11:59:35 Threei yes
05/09/07 11:59:48 Chaeron (subscriptions just jumped 5000%%
05/09/07 11:59:55 Threei you didn't want to put up with my jokes, you will have to suffer through my signing
05/09/07 12:00:09 Chaeron autographs? :)
05/09/07 12:00:16 Threei (subscriptions dropped 10000%%)
05/09/07 12:00:33 craigaudio BRCM still moving. anyone still in it?
05/09/07 12:00:38 craigaudio im flat both now
05/09/07 12:00:54 Chaeron like Vad's singing craig :)
05/09/07 12:01:11 craigaudio lol
05/09/07 12:01:11 magoo im still in nvda, never took brcm
05/09/07 12:01:30 craigaudio magoo you like to hold out for a bigger slice
05/09/07 12:01:44 magoo vad, u still in nvda?
05/09/07 12:02:05 Threei I took BRCM instead
05/09/07 12:02:16 Threei never bought NVDAQ
05/09/07 12:02:18 craigaudio tbh i was expecting some russian dancing at the end of Vads video set. that would have finished it off for me
05/09/07 12:02:37 Threei hmmm... you didn't see it??
05/09/07 12:03:12 Threei bonus cd?
05/09/07 12:03:15 lklarson i'm out nvda +.11
05/09/07 12:03:16 craigaudio sh*t! didnt i get the bonus ""Singing and Dancing the Daq"" in my boxset
05/09/07 12:03:22 craigaudio ive been robbed!
05/09/07 12:03:58 craigaudio BRCM peaked now for me
05/09/07 12:04:05 lklarson can't take the pain anymore
05/09/07 12:04:42 Threei pain of profits...
05/09/07 12:04:50 Threei cry me a river G
05/09/07 12:04:55 lklarson no problem with that, eh
05/09/07 12:05:18 craigaudio what was it you saw in BRCM vad?
05/09/07 12:05:32 Threei big eyelashes...
05/09/07 12:05:45 craigaudio what timeframe?
05/09/07 12:05:46 Threei lol... sorry
05/09/07 12:05:52 Threei 1 min,
05/09/07 12:06:06 Threei after dropping with futs it spiked with them,
05/09/07 12:06:12 craigaudio oh i have 5 min and can only see a cloud
05/09/07 12:06:12 Threei topped out at .40,
05/09/07 12:06:28 Threei pulled back to .25
05/09/07 12:06:34 Threei consolidated a bit,
05/09/07 12:07:06 Threei and since I was bullish on NQ (under influence of Roman and vodka), I saw a setup on a long side, .41 trigger
05/09/07 12:07:46 craigaudio thanks
05/09/07 12:07:55 Threei I don't know what cloud is
05/09/07 12:08:10 craigaudio in the sky. the white fluffy stuff
05/09/07 12:08:12 Threei and suspect I don't miss much :)
05/09/07 12:08:22 Threei oh, that cloud
05/09/07 12:09:10 craigaudio what your plan with MECA?
05/09/07 12:09:15 Roman CNLG spiked
05/09/07 12:09:36 Threei so far no change MECA
05/09/07 12:09:51 Threei taking it home
05/09/07 12:10:03 Threei if you are uncomfortable, dump it about even
05/09/07 12:10:16 Threei it's 4 cents under entry, no harm done
05/09/07 12:10:54 craigaudio are you looking for the measured move back to around 3.25 area
05/09/07 12:11:09 craigaudio looking at 60 min chart
05/09/07 12:11:27 Threei 13:30] Threei technically speaking, MECA has a gap to fill at 3.17, and once it breaks over that, not much to keep it from reaching 3.50
05/09/07 12:11:28 Threei [13:31] Threei this is probably where battle starts
05/09/07 12:11:28 Threei [13:31] Threei swing traders will want to unload half between .40 and .50
05/09/07 12:11:57 magoo experiencing dejvu' here
05/09/07 12:12:04 craigaudio ok thanks
05/09/07 12:12:09 magoo i've seen that before
05/09/07 12:12:18 Threei my fault magoo
05/09/07 12:12:22 Threei I ran out of material
05/09/07 12:12:26 Threei repeting myself
05/09/07 12:12:31 craigaudio im lazy. have my chat screen small and not here all the time. sorry
05/09/07 12:12:32 Threei +a
05/09/07 12:12:48 craigaudio also i have ADD i think
05/09/07 12:12:56 Threei hmmm
05/09/07 12:13:08 Threei lazy... ADD... almost all traits of a good trader
05/09/07 12:13:17 Threei how is your speling?
05/09/07 12:13:37 craigaudio not as good as my puntication
05/09/07 12:13:55 Threei sounds better and better by the minute
05/09/07 12:14:07 Threei lousy crude sense of humor, and you are elite
05/09/07 12:14:36 lklarson lol
05/09/07 12:19:18 magoo amzn read vad?
05/09/07 12:19:34 Threei up
05/09/07 12:19:56 Threei I still see 65 in AMZN future
05/09/07 12:19:59 Threei not today though
05/09/07 12:19:59 craigaudio what about VTR long? might be breaking 60 min supprt
05/09/07 12:20:41 craigaudio although it is a thin stock
05/09/07 12:20:43 DaveG too few letters :)
05/09/07 12:20:44 Threei not too delighted by it
05/09/07 12:26:03 Roman ETEL eTelecare reports Q1 EPS of $0.21 vs $0.08 YoY, revs rose 50%% YoY to $62.1 mln (15.95 +0.00)
05/09/07 12:50:02 craigaudio gn guys im off
05/09/07 12:50:06 craigaudio see you all tomorrow
05/09/07 12:50:12 Threei take care craig
05/09/07 12:50:14 lklarson tk craig
05/09/07 12:50:21 magoo bye craig
05/09/07 12:50:29 craigaudio bye guys have a good one
05/09/07 12:55:12 Threei gosh DNDN
05/09/07 12:55:51 magoo that meca was a dog with fleas..sorry boss
05/09/07 12:56:15 Threei I will join that statement noly if it hits the stop
05/09/07 12:56:26 Threei it was labeled as swing from the beginning
05/09/07 12:57:22 magoo hey,,,i apoligized...but it was not worth my aggrevation of staring at it all day
05/09/07 12:57:33 Threei lol
05/09/07 12:57:37 Threei it's good for you
05/09/07 12:58:09 Threei it's a meditative stock
05/09/07 12:58:17 Threei good for blood pressure
05/09/07 12:59:25 Threei OK guys, thank you all
05/09/07 12:59:31 magoo ty vad
05/09/07 12:59:32 Threei have a good evening, see you tomorrow
05/09/07 12:59:33 lklarson tnx vad
05/09/07 12:59:34 DaveG thanks vad, have a great night
05/09/07 12:59:40 lklarson take care all
05/09/07 13:00:47 dptl tnx Vad ....tomorow
05/09/07 13:01:09 dptl good evening all
05/09/07 05:43:46 Threei magoo... one word,
05/09/07 05:43:49 Threei 4 letters,
05/09/07 05:43:55 Threei first letter is D
05/09/07 05:44:01 Threei second is N
05/09/07 05:44:05 DaveG lol
05/09/07 05:44:08 Threei you know thwe rest, right? :)
05/09/07 05:44:08 DaveG morning :)
05/09/07 05:44:12 Threei hey Dave
05/09/07 05:44:19 * DaveG out FWLT +7.85
05/09/07 05:44:22 DaveG oops
05/09/07 05:44:25 DaveG sorry color
05/09/07 05:44:25 * Threei slaps DaveG around a bit with a large trout
05/09/07 05:45:01 Threei first gap killed shorts
05/09/07 05:45:06 Threei this one kills longs
05/09/07 05:45:10 Threei and this is not over
05/09/07 05:46:10 magoo HOLY SHIT VAD
05/09/07 05:46:26 Threei there you go :)
05/09/07 05:46:27 DaveG yes, its down 60%%
05/09/07 05:46:28 * magoo slaps DaveG around a bit with a large trout
05/09/07 05:46:33 DaveG hey
05/09/07 05:46:37 DaveG i said sorry
05/09/07 05:46:46 Threei so what
05/09/07 05:46:50 DaveG sigh
05/09/07 05:46:54 Threei we need our morning exercise, sorry or not
05/09/07 05:46:59 DaveG :)
05/09/07 05:47:07 magoo vad, remember though, i always look at it short too, but hey, can NOT carry thatovernite
05/09/07 05:47:15 magoo was there NEWS????
05/09/07 05:47:16 Threei true
05/09/07 05:47:26 Threei see, it doesn't matter long or short in this case,
05/09/07 05:47:36 Threei both were equally gambling
05/09/07 05:47:50 DaveG the FDA wants more info from DNDN mags
05/09/07 05:48:10 Threei the very fact of attempting to bet on certain outcome in this situation is what separates a boy from man
05/09/07 05:48:14 magoo thanx dave...but i stick by my slap...no colors 4 u
05/09/07 05:48:40 DaveG :)
05/09/07 05:48:56 Threei no pro will do that other than with part of money he or she said good bye to
05/09/07 05:49:20 magoo where that really kills is that is ahead of the date...a surprise pounding
05/09/07 05:49:33 Threei I warned about that, remember?
05/09/07 05:49:38 magoo yep
05/09/07 05:49:41 DaveG yup
05/09/07 05:49:47 Threei said that the closer to the FDA date, the riskier,
05/09/07 05:49:53 Threei can be hatled earlier,
05/09/07 05:49:58 Threei can get by leaked info,
05/09/07 05:49:59 DaveG you were perfectly right
05/09/07 05:50:12 Threei can get overly volatilie (if that's possible)
05/09/07 05:50:20 Threei can gap overnight
05/09/07 05:50:23 Threei etc etc
05/09/07 05:50:57 Threei experience sometimes make one feel like a prohpet
05/09/07 05:51:05 Threei saw this scenario zillion times
05/09/07 05:51:59 Threei good thing I lost 3/4 of my trading account in single bite early on, lol
05/09/07 05:52:25 Threei that pain taught me more than thousand of ordinary trades
05/09/07 05:52:42 Threei could
05/09/07 05:53:10 Threei but sheesh... it's been over 10 years since then and I still remember that pain
05/09/07 05:53:26 magoo how much $$ u lose??
05/09/07 05:53:42 Threei my trading capital for the start was 40K
05/09/07 05:53:50 Threei that trade left with 11
05/09/07 05:53:54 Threei left me
05/09/07 05:53:58 DaveG daaang
05/09/07 05:54:37 Threei if you think it's not much, add this to the picture:
05/09/07 05:54:51 Threei immigrant in the new country,
05/09/07 05:54:59 Threei no spare capital to dip into,
05/09/07 05:55:11 Threei no profession to fall back onto,
05/09/07 05:55:43 gabby g morning all
05/09/07 05:55:50 Threei unfinished immigration case, in fact visitor status
05/09/07 05:55:53 Threei gabby :)
05/09/07 05:56:09 Threei which meant no right to work even at mcdonalds
05/09/07 05:56:12 esemde good morning everyone
05/09/07 05:56:17 Threei esemde :)
05/09/07 05:56:31 Threei throw 2 kids to feed in the picture
05/09/07 05:56:37 Threei and you get the idea :)
05/09/07 06:02:08 Threei did I scare you all off? :)
05/09/07 06:02:30 DaveG i want my mommy!
05/09/07 06:02:34 DaveG :)
05/09/07 06:02:58 Threei someone needs a shrink, I see G
05/09/07 06:03:01 DaveG lol
05/09/07 06:03:18 DaveG a little goofy today with a huge gain :)
05/09/07 06:03:33 DaveG i'll be heading to my corner shortly
05/09/07 06:03:45 magoo i think its alot of money....scary, been there unfortunately
05/09/07 06:04:50 Threei school of hard knocks, eh?
05/09/07 06:04:57 DaveG big time
05/09/07 06:06:37 craigaudio hey you big babies im back
05/09/07 06:06:51 DaveG wb craig
05/09/07 06:07:23 craigaudio hey dave. been over to your side of the pond. just got back from miami
05/09/07 06:07:50 DaveG cool
05/09/07 06:08:10 Threei hi craig, welcome aboard
05/09/07 06:08:59 craigaudio good to be aboard
05/09/07 06:10:43 cosmo DNDN ...hmm...opportunity
05/09/07 06:11:02 cosmo ....opportunity to learn
05/09/07 06:11:08 Threei uhhu... opportunity to navel-gaze :)
05/09/07 06:11:25 cosmo i learnd that first
05/09/07 06:11:35 esemde any thoughts on the FED today?
05/09/07 06:12:16 Threei as usual on such days:
05/09/07 06:12:24 Threei try to grab a piece of early activity,
05/09/07 06:12:33 Threei go to defensive side later in the day,
05/09/07 06:12:43 Threei stay flat at the moment of announcement,
05/09/07 06:12:56 Threei let first hectic activity go by,
05/09/07 06:13:09 Threei then look for new opportinities as if it were morning
05/09/07 06:13:19 craigaudio been quiet this week leading up to it hasnt it
05/09/07 06:13:36 Threei usually is
05/09/07 06:14:28 cosmo DNDN pre mkt low = 7.26 fwiw
05/09/07 06:14:56 cosmo spike low
05/09/07 06:16:20 esemde FDA wants more critical Data to support the company's efficacy claim contained in the biologics License application for prostate cancer treatment
05/09/07 06:16:26 magoo adam f on real money, situation unclear, but looks like additional trial data needed, will take until mid 2008 to deliver if this is indeed it
05/09/07 06:17:41 esemde if anyone was short at close yesterday it becomes one helluva short for sure!!
05/09/07 06:18:04 magoo i was short scalping it yesterday if u recallr
05/09/07 06:18:15 magoo biut nothing overnite
05/09/07 06:18:33 esemde to bad......could retire
05/09/07 06:19:56 magoo anyone following csco as a bounce play?
05/09/07 06:20:00 cosmo CSCO looks testy
05/09/07 06:20:50 cosmo DNDN on cnbc
05/09/07 06:22:24 dieter good morning
05/09/07 06:22:33 Roman Gapping up on strong earnings/guidance: TRT +19.9%%, PED +12.7%%, MVSN +12.2%% (also upgraded to Buy at Jefferies), B +10.1%%, FWLT +9.0%%, MFLX +8.7%% (very light volume), MMS +5.6%%, FTGX +5.1%%, MFB +4.0%%, KNXA +3.9%% (also upgraded to Buy at Needham), TRLG +3.8%%, NRGY +3.7%%, ORA +3.7%%, BRL +1.8%%...
05/09/07 06:22:39 lklarson morn all
05/09/07 06:22:43 dptl gm all
05/09/07 06:22:45 Roman M&A: RTP +5.9%% (RTP soars on BHP bid talk; denies approach - Reuters), FLA +6.0%% (discloses additional details of Fortress acquisition offer; very light volume)...
05/09/07 06:22:58 Roman Other news: NCI +9.2%% (commences modified Dutch Auction tender offer to purchase up to 10.5 mln shares at $19.50-$22.50/share), ASTI +6.7%% (wins high efficiency solar cell program), ISIS +6.5%% (announces cardiovascular disease collaboration with Bristol-Myers), PAL +5.9%% (Cramer positive on stock), ONT +4.9%% (to unveil Flix Publisher Live at Streaming Media East),
05/09/07 06:23:10 Roman ANAD +4.4%% (supplies 3G power amplifiers for LG Electronics' VX9400 TV-capable phone), DAL +3.7%% (hearing initiated with a buy at tier-1 firm), COGT +3.4%% (says Court affirms co's right requiring return of technology improperly used by Northrop Grumman), JRCC +1.0%% (follow-through momentum after yesterday's earnings report), SMCI +3.6%% (initiated with a Buy at Merrill).
05/09/07 06:24:40 Threei dieter, klk, dp :)
05/09/07 06:25:35 gabby Do you think there could be a bounce play in DNDN 3i
05/09/07 06:26:09 Threei sure...
05/09/07 06:26:13 magoo i think it has more downside imho
05/09/07 06:26:30 gabby no rush
05/09/07 06:26:31 magoo close 5 bucks
05/09/07 06:26:31 Threei just not before we can get clean setup with minimal risk
05/09/07 06:29:18 Threei amazingly enough, it's still available for shorting
05/09/07 06:30:38 esemde DNDN.... thats definately filling the gap for sure.......understatement
05/09/07 06:31:56 cosmo MVSN
05/09/07 06:32:10 Roman HAUP Hauppauge Digtl reports Q2 EPS of $0.12 vs $0.10 in yr ago period; revs $29.89 mln vs $26.68 mln in yr ago period (5.71 )
05/09/07 06:32:20 Threei keep an eye on MECA
05/09/07 06:32:32 Threei same setup as yesterday is still valid
05/09/07 06:32:32 Roman watching HAUP
05/09/07 06:32:37 Threei 3.11 long
05/09/07 06:33:06 Threei just let full quotes come into effect first, make sure it's not just accidenatl enthusiastic buy rifght out of the gate
05/09/07 06:33:22 Roman HAUP could print $7 today
05/09/07 06:33:22 Threei that triggers your entry
05/09/07 06:33:24 Roman and over
05/09/07 06:34:39 Threei wow... serious bid HAUP, if true
05/09/07 06:37:43 magoo RIMM nutsoralla
05/09/07 06:38:14 Threei bid is real on HAUP
05/09/07 06:40:05 cosmo CEGE
05/09/07 06:40:15 cosmo possible healer
05/09/07 06:40:23 Roman JRCC
05/09/07 06:40:25 Roman on radar
05/09/07 06:41:14 Roman GOAM continues
05/09/07 06:46:27 Threei Short Setup: NVDA 32.79 trigger if stays below .95
05/09/07 06:48:54 Threei if NQ drops fast, grab NVDA aggressively with stop 33.01
05/09/07 06:49:02 Threei if goes above 33 before that, forget it
05/09/07 06:55:29 magoo vad, u like nvdae
05/09/07 06:56:06 Threei can't get a read on it now magoo
05/09/07 06:56:14 Threei it ruined all early setups
05/09/07 06:56:30 Threei just no indication either way, random moves
05/09/07 06:56:33 esemde watching dndn for interest sake...it has to bounce..too many market makers having to buy shares
05/09/07 06:56:51 esemde they'll want to make money
05/09/07 06:57:03 Threei why do they have to buy?
05/09/07 06:57:32 magoo RIMM sheesh
05/09/07 06:57:37 magoo was 133 last week
05/09/07 06:57:58 esemde required to take other side of trade....or is that not the case anymore
05/09/07 06:58:30 esemde or does that just apply on NYSE
05/09/07 06:58:33 Threei there are way too many variables to that
05/09/07 06:58:48 Threei can't build any kind of trading strategy around this
05/09/07 06:58:59 cosmo AVNR
05/09/07 06:59:06 cosmo 3.0 test
05/09/07 06:59:16 esemde definately not...at least not for me anyway
05/09/07 06:59:25 Threei there is no requirement to MM to take position
05/09/07 06:59:57 gabby NVDA still valid 3i?
05/09/07 07:00:20 Threei [09:52] Threei it ruined all early setups
05/09/07 07:00:20 Threei [09:53] Threei just no indication either way, random moves
05/09/07 07:01:13 Threei if you really feel adventorous this morning
05/09/07 07:01:17 Threei DNDN long here
05/09/07 07:01:26 Threei stop under 7.20
05/09/07 07:01:37 Threei I presonally stay away
05/09/07 07:02:15 cosmo AVNR
05/09/07 07:04:10 Threei Short Setup: AKAM 44 trigger
05/09/07 07:04:29 Threei stop 44.21
05/09/07 07:05:05 Threei invalidated
05/09/07 07:07:55 gabby out dndn +.15
05/09/07 07:08:01 gabby tks 3i
05/09/07 07:08:07 DaveG wtg gabby!
05/09/07 07:08:14 magoo nice
05/09/07 07:08:25 gabby scary
05/09/07 07:08:29 Threei now we know who lack adrenalin :)
05/09/07 07:08:51 craigaudio yes i took dndn
05/09/07 07:09:06 craigaudio thanks vad
05/09/07 07:09:13 DaveG i didn't :)
05/09/07 07:09:59 Threei welcome guys... be very careful with this thing
05/09/07 07:10:23 craigaudio yes im trailing with second half left
05/09/07 07:11:12 Threei get out here IMO
05/09/07 07:12:06 craigaudio trail stopped out
05/09/07 07:18:14 Threei AKAM is valid again, half lot
05/09/07 07:20:30 Threei stop above 44.20
05/09/07 07:20:37 magoo nvda sh off 33
05/09/07 07:25:05 esemde PAET....
05/09/07 07:27:40 lklarson out akam 1:1
05/09/07 07:27:45 Threei 1:1 AKAM
05/09/07 07:27:56 Threei good job lkl
05/09/07 07:28:04 Threei you are very consistent
05/09/07 07:28:04 lklarson thx vad
05/09/07 07:28:20 lklarson sticking to my guns:)
05/09/07 07:29:32 lklarson its really a test of my disipline
05/09/07 07:30:44 Threei it's nothing... real test of one's discipline is listening to me singing and staying in the same room, staying conscious, not calling 911, not trying to shoot me
05/09/07 07:31:00 dptl lol
05/09/07 07:31:18 lklarson its all relative i guess, lol
05/09/07 07:31:32 esemde roman...still long 700shsTRIS from yesterday 3.55 it didn't hit my stop at 3.20 close to the end of the day..are you still with this one
05/09/07 07:31:33 cosmo vogons love it
05/09/07 07:32:02 esemde PAET second wind ?
05/09/07 07:32:31 magoo RIMM vad, nuts
05/09/07 07:32:46 Threei probably PAET... a bit too thin for my taste
05/09/07 07:32:56 Threei oh, and real test of one's bravery is to try and take Roman's dessert from him
05/09/07 07:33:42 Threei something about MECA still keepsa my attention
05/09/07 07:34:18 esemde How are you defining thin Vad...volume or spread?
05/09/07 07:34:32 Threei look at level 2,
05/09/07 07:34:49 Threei sizes are rarther on smallish side,
05/09/07 07:35:03 Threei gap between levels is inconsistent,
05/09/07 07:35:12 Threei 11.99 offer,
05/09/07 07:35:16 Threei then 12.09
05/09/07 07:35:33 esemde gottcha...i see that
05/09/07 07:35:37 Threei looking at the chart,
05/09/07 07:35:56 Threei 10:13 candle
05/09/07 07:36:03 Threei 39 cents in one gasp
05/09/07 07:36:24 Threei those are all signs of a jumper
05/09/07 07:36:54 esemde ahhh.......oui!!!
05/09/07 07:37:08 Threei on TRIS, I would trail the stop to just under 3.40
05/09/07 07:37:22 esemde will do... thanks
05/09/07 07:38:08 esemde TRIS is very thin.....based on your definition
05/09/07 07:38:55 Threei that's why they are able to make such moves
05/09/07 07:39:10 Threei thicker stocks would have hard time to go such distances
05/09/07 07:39:28 Threei have a look at ORCL for instance
05/09/07 07:39:40 esemde Roman plays those very consistently....very impressive
05/09/07 07:40:01 esemde OK orcl
05/09/07 07:40:09 Threei thick like (insert the name of someone you consider very stupid)'s skull
05/09/07 07:40:20 Threei huge sizes,
05/09/07 07:40:24 Threei huge float,
05/09/07 07:40:29 Threei tiny spread,
05/09/07 07:40:39 Threei tiny and consistent gap between levels
05/09/07 07:40:44 Threei takes an army to move it
05/09/07 07:40:53 Threei as a result, look at its daily ranges
05/09/07 07:41:08 Threei narrow, slow
05/09/07 07:41:19 magoo so where does akamstand in relation vad?
05/09/07 07:41:20 esemde gottcha again 18.50 to 19.00
05/09/07 07:41:37 Threei and most of the days it barely moves half of that
05/09/07 07:42:13 Threei AKAM is on the volatile side although most of the time it's not as jumpy as those small thin ones
05/09/07 07:42:21 esemde how do you make money with such low volitility
05/09/07 07:42:40 esemde or are you looking for a compromise
05/09/07 07:42:50 Threei I would say, AKAM is manageable when the weather is good and becomes extremely jumpy when it's getting hot... news or something like that
05/09/07 07:43:16 Threei with ORCL? I just don't trade it 99%% of the time :)
05/09/07 07:43:59 esemde you need something to jump start it
05/09/07 07:44:33 Threei yeah, and even then it's not easy trader
05/09/07 07:44:41 Threei it has to digest so many shares for each tick
05/09/07 07:45:01 craigaudio yhoo short?
05/09/07 07:45:22 Threei .94 trigger YHOO
05/09/07 07:45:35 Threei there is certain sweet spot,
05/09/07 07:45:43 Threei volatilie enough to provide the potential,
05/09/07 07:45:55 Threei not overly volatile so risk is controllable
05/09/07 07:46:28 Threei if you ignore latter, you are a dopamine addict
05/09/07 07:46:47 cosmo hmmm
05/09/07 07:47:15 Threei if you ignore former, you have hard time staying awake, so you pick stocks that allow you to take a nap between ticks
05/09/07 07:47:43 cosmo i c
05/09/07 07:48:50 cosmo just set your stop and sit back
05/09/07 07:50:00 Threei magoo... NVDA stop to 33.15 IMO
05/09/07 07:50:54 _davegroom what is IMO?
05/09/07 07:51:02 Threei in my opinion
05/09/07 07:51:02 DaveG in my opinion
05/09/07 07:51:09 Threei some use IMHO
05/09/07 07:51:22 _davegroom k thnks
05/09/07 07:51:27 Threei but I rarely do since I have hard time convincing people that I am humble
05/09/07 07:51:35 DaveG :)
05/09/07 07:52:26 dptl lol
05/09/07 08:05:08 Threei OMPI small shares long .40 if stays above .20
05/09/07 08:12:16 magoo jade vad..spiker
05/09/07 08:12:43 _davegroom is GROW worth going after?
05/09/07 08:12:44 Threei jumpy one...
05/09/07 08:12:50 Threei JADE that was
05/09/07 08:13:21 Threei GROW, I'd stay away
05/09/07 08:13:42 dptl altr....
05/09/07 08:13:47 _davegroom thnks
05/09/07 08:14:12 magoo JRCC high
05/09/07 08:14:19 Threei JADE is toughie magoo... hard to envision it breaking .30 wihtout serious news behind the move
05/09/07 08:14:36 magoo how about JRCC?
05/09/07 08:14:51 Threei JRCC I like
05/09/07 08:15:01 Threei half lot
05/09/07 08:15:14 Threei ummm... 3/4 lot
05/09/07 08:15:26 Threei stop under .20
05/09/07 08:20:34 Threei trail to .29
05/09/07 08:27:26 lklarson meca moving
05/09/07 08:28:15 Threei sneaky thing eh?
05/09/07 08:28:35 craigaudio no play cause of the jump though vad?
05/09/07 08:28:56 Threei .11 was entry
05/09/07 08:29:04 Threei it will give more chances
05/09/07 08:29:07 Threei there
05/09/07 08:30:03 Threei this feels like slow accumulation stage
05/09/07 08:30:12 Threei won't go right up,
05/09/07 08:30:22 Threei will jerk around for a while
05/09/07 08:30:33 magoo wheres meca stop?
05/09/07 08:30:39 Threei .94
05/09/07 08:30:40 magoo 2.99?
05/09/07 08:30:43 craigaudio missed csco
05/09/07 08:30:57 Threei possible swing, depending on how it behaves today
05/09/07 08:31:09 Roman MECA prelim $0.02 vs $0.03 Reuters consensus; revs rose 2.4%% from a year ago to $284.2 mln (3.09 +0.04)
05/09/07 08:32:11 magoo not so good rreally
05/09/07 08:32:21 Threei why not
05/09/07 08:32:25 Threei two things
05/09/07 08:32:36 Threei first, it's yesterday's news that created potential on it
05/09/07 08:32:39 Roman As mentioned at 11:26, MECA reported Q1 EPS of $0.02 vs. $0.03 two analyst ests; revs increased 2.4%% from a year ago to $284.2 mln.
05/09/07 08:33:02 Threei second, with eps less than expected, it didn't drop
05/09/07 08:33:20 Threei it broke yesterday's resistance
05/09/07 08:33:48 magoo how many shares u take? DL?
05/09/07 08:33:54 Threei held very well when news buyers took profit yeaterday
05/09/07 08:34:02 Threei IMO, all this is worth 16 cents risk
05/09/07 08:34:06 Threei yes
05/09/07 08:36:46 craigaudio anyone use TS?
05/09/07 08:36:51 Roman i do
05/09/07 08:36:55 lklarson yes
05/09/07 08:37:27 craigaudio just found a indicator called the Klinger. based on price and volume
05/09/07 08:37:48 lklarson where did you find it?
05/09/07 08:38:01 craigaudio this is my first indicator ive looks at for months, and only because it is based on volume
05/09/07 08:38:40 craigaudio on TS forum. think it might be quite handy. can look at divergence
05/09/07 08:38:52 lklarson ok, great
05/09/07 08:39:09 craigaudio i.e. if price makes new high but klinger doesnt then potential short
05/09/07 08:39:25 lklarson have you read the one post by ""the rumpled one""?
05/09/07 08:39:37 craigaudio yes i know avery
05/09/07 08:40:04 lklarson i use a few of his which are pretty good
05/09/07 08:40:10 _davegroom new trail on JRCC?
05/09/07 08:40:20 craigaudio hes a real nice guy. the guys has some amazing brainpower
05/09/07 08:40:40 lklarson yes, pretty amazing posts going on for years
05/09/07 08:41:16 craigaudio ive PM'd you klarson so we dont clutter this forum
05/09/07 08:41:30 lklarson ok, thx
05/09/07 08:42:49 Threei half out JRCC
05/09/07 08:43:03 magoo full out .76, THANX
05/09/07 08:43:28 Threei new stop .39
05/09/07 08:43:42 _davegroom thnks
05/09/07 08:43:49 Threei on what magoo?
05/09/07 08:44:08 magoo OMPI
05/09/07 08:44:12 Threei oh
05/09/07 08:44:42 magoo oh yeah, i have jr too
05/09/07 08:44:50 Threei good exit OMPI
05/09/07 08:44:59 magoo crazy spike
05/09/07 08:45:06 Threei yeah
05/09/07 08:45:14 Threei it can go more but easy money is made
05/09/07 08:45:25 Threei no need to chance it on feds day
05/09/07 08:45:33 magoo yeah, hard enough
05/09/07 08:46:43 _davegroom take profit on JRCC will go higher?
05/09/07 08:47:24 Threei personal preference... take scalp of try to trail half for the spike over .60
05/09/07 08:48:28 magoo .60 the wall
05/09/07 08:48:36 Threei yup
05/09/07 08:48:49 Threei they tend to spike hard IF they take such walls
05/09/07 08:50:04 magoo THEY????lol
05/09/07 08:50:40 Threei stocks :)
05/09/07 08:51:07 Threei they are watching us, you know
05/09/07 08:52:38 magoo only fair...we are certainly watching them
05/09/07 08:57:02 magoo any read TIE vads?
05/09/07 08:57:31 Threei yikes
05/09/07 08:57:47 Threei absolutely not
05/09/07 08:58:44 Threei we got several failry nice ones, no way I would risk destroying decent day with this monster
05/09/07 08:59:06 magoo that was a TEST he he
05/09/07 08:59:31 Threei did I pass?
05/09/07 09:01:45 magoo flying colors
05/09/07 09:01:51 Threei odd... I rarely do well on sanity tests
05/09/07 09:04:10 magoo FWLT??
05/09/07 09:04:12 magoo news?
05/09/07 09:05:23 esemde TIE should be spiking Vad..and rightfully so!!! man I can reach the par 5's at Cordova bay Golf Club by your place Vad NO SWEAT with my new KING Cobra Tie Driver 9.5 degree loft
05/09/07 09:05:35 DaveG earnings this am mags
05/09/07 09:05:44 DaveG just strong
05/09/07 09:05:44 magoo ty
05/09/07 09:05:47 DaveG np :)
05/09/07 09:06:31 _davegroom np= no play?
05/09/07 09:06:32 Threei now I know what TIE is doing, esemde :)
05/09/07 09:06:36 magoo i still reserve right to slap u for no reason with no warning
05/09/07 09:06:40 Roman BLUE
05/09/07 09:07:14 esemde Money well spent IMO on ...titanium Driver...take one for a test drive you'll never go back
05/09/07 09:07:58 Threei since I am no golf player, I'll address you to dino :)
05/09/07 09:08:19 esemde Whats' dino's cap?
05/09/07 09:09:02 esemde was playing of a 9 last year...so far 12 this year
05/09/07 09:09:35 esemde Played Royal Victoria in 4 over at christmas though
05/09/07 09:09:52 magoo dino golfing today fwiw
05/09/07 09:10:11 esemde ha ha ha ha......now that was funny!!!
05/09/07 09:18:38 magoo vad FWLT short scalp somehere, u got a read?
05/09/07 09:18:59 magoo nothing goes straight up
05/09/07 09:19:13 DaveG (im not shorting that, no way)
05/09/07 09:22:58 Threei sorry magoo... I will politely decline the suggestion to call anything on this one
05/09/07 09:24:43 magoo see that, had too
05/09/07 09:25:20 Threei yeah... I also see two previous similar spikes that looked no different than this last one
05/09/07 09:25:30 Threei and would have killed you if tyou tried shorting them
05/09/07 09:25:48 Threei pure dice throwing
05/09/07 09:28:53 DaveG now this pullback....maybe
05/09/07 09:29:24 _davegroom too late now?
05/09/07 09:30:45 Threei I don't want even comment on this stock... it's way beyond normal risk tolerance, not touching it with esemde's titanium driver
05/09/07 09:31:11 magoo imo...we missed the pullback with best odds
05/09/07 09:31:33 magoo dino and i play these, look for third spike up , faiolure, scalp down
05/09/07 09:31:44 magoo from here it can attack highs
05/09/07 09:31:57 Threei this is valid strategy
05/09/07 09:32:01 Threei but horrible stock
05/09/07 09:32:07 Threei JRCC baby
05/09/07 09:32:15 Threei .60 is taken
05/09/07 09:32:34 magoo if goes for high, fails and loses 86 trigger short scalp./..RISKYc
05/09/07 09:33:05 Threei out JRCC .68
05/09/07 09:33:15 magoo a btw, we usually wait for three spikes, really, if not, no setup
05/09/07 09:35:25 magoo waiting @ .79 vad
05/09/07 09:35:38 magoo ppppppppuuuuuuuuusssssssshhhhhhhhhhhh
05/09/07 09:36:03 Threei on JRCC?
05/09/07 09:36:08 magoo yep
05/09/07 09:36:26 Roman OSCI spike
05/09/07 09:37:18 magoo .78 rats
05/09/07 09:39:08 Roman UNTD high
05/09/07 09:39:20 Roman LMIA nice bounce off the lows
05/09/07 09:41:26 magoo so close but yet so far
05/09/07 09:41:56 magoo thats my arcab
05/09/07 09:42:46 magoo vads, apply your foot please
05/09/07 09:42:57 magoo .03 all i want
05/09/07 09:43:10 craigaudio markets spooky today. really strong.
05/09/07 09:44:17 magoo out .72 JRCC
05/09/07 09:45:25 Threei wtg
05/09/07 09:45:35 Threei good safe trade
05/09/07 09:52:32 Threei don't look at it now magoo
05/09/07 09:52:53 magoo never fails
05/09/07 09:53:06 esemde Am off, have a great rest of the day everyone
05/09/07 09:53:13 magoo bye es
05/09/07 09:53:16 Threei take care esemde
05/09/07 09:53:17 craigaudio bye
05/09/07 10:00:56 dptl well....it's not bad today......
05/09/07 10:01:16 lklarson thats for sure:)
05/09/07 10:01:40 craigaudio look at the chart of MHK
05/09/07 10:01:45 Threei well... we were picky and careful
05/09/07 10:01:47 DaveG i'm probably done, at 4 times day goal
05/09/07 10:03:06 dptl good job Dave
05/09/07 10:03:23 DaveG ty :)
05/09/07 10:03:24 Threei don't expect us to admire dave, unless you share
05/09/07 10:03:31 DaveG i did
05/09/07 10:03:34 dptl lol
05/09/07 10:03:37 Threei hmmm
05/09/07 10:03:41 DaveG :)
05/09/07 10:03:44 * Threei is checking his bank account
05/09/07 10:03:48 DaveG lolk
05/09/07 10:03:50 Threei nothing from dave
05/09/07 10:03:57 DaveG see pvt :)
05/09/07 10:05:50 Threei oh cool... dave dcced me my fair share
05/09/07 10:05:56 Threei great trading dave!
05/09/07 10:06:44 Threei side effect is, he is now only at his 2 days goal
05/09/07 10:11:09 Roman EFUT spike
05/09/07 10:13:54 DaveG lol
05/09/07 10:14:34 Threei see, sharing is good for you... just 7 minutes of crying, and dave is fine again
05/09/07 10:14:39 DaveG :)
05/09/07 10:25:31 magoo vad, i know u do not like to think, but any thoughts on MECA? ""just let it trade magoo and keep your stop"" magoo sighhs.................
05/09/07 10:26:27 Threei I like your monologues... they leave me able to remain silent :)
05/09/07 10:27:03 Threei MECA so far behaves as it should
05/09/07 10:27:32 Threei if I am correct and we witness early stage of accumulation, it tries to go up without attracting much attention
05/09/07 10:27:59 Roman MAMA high
05/09/07 10:28:01 Roman with some vol
05/09/07 10:28:10 Threei which means slowly making new highs, no spikes, no overwhelming volume, frequent pullbacks and periods of inactivity
05/09/07 10:29:19 Threei later when shares are accumulated by the interested party, it makes its intentions known
05/09/07 10:29:34 Threei crowd comes in, hits the stock, causing the spikes
05/09/07 10:29:45 Threei and our original player starts unloading into those
05/09/07 10:30:17 Threei if you spot this cenario early, you have a chance to side with smart money with very little risk
05/09/07 10:30:19 magoo which one u talking about?? he he
05/09/07 10:30:30 Threei ummm... FWLT of course G
05/09/07 10:34:16 Threei technically speaking, MECA has a gap to fill at 3.17, and once it breaks over that, not much to keep it from reaching 3.50
05/09/07 10:34:33 Threei this is probably where battle starts
05/09/07 10:35:02 Threei swing traders will want to unload half between .40 and .50
05/09/07 10:35:18 magoo what you going to do, hold it overnite?
05/09/07 10:35:28 Threei most likely, yes
05/09/07 10:35:35 Threei but let's return to it closer to eod
05/09/07 10:35:46 Threei when we have the whole picture for today
05/09/07 10:37:12 DaveG speaking of FWLT :)
05/09/07 10:44:58 Threei be back in 20, don't want to take new trades right beofre the feds
05/09/07 10:47:03 _davegroom what time is the FED east time?
05/09/07 10:47:33 lklarson 2:15pm
05/09/07 10:47:33 DaveG 215
05/09/07 10:51:31 _davegroom in 27 mins im pacific here
05/09/07 11:09:30 DaveG 10 ins
05/09/07 11:09:33 DaveG mins
05/09/07 11:17:13 Threei back
05/09/07 11:18:55 Chaeron no change
05/09/07 11:19:47 Roman FED SAYS CORE INFLATION REMAINS SOMEWHAT ELEVATED
05/09/07 11:19:51 Roman Fed says 'Future policy adjustments' depend on outlook, data
05/09/07 11:20:08 Roman BONDX FOMC leaves rates unchanged at 5.25%% as expected
05/09/07 11:21:05 Roman hard to believe that this market is going down
05/09/07 11:21:33 Threei it will be up in 3 minutes
05/09/07 11:21:38 Roman we probably end green just want to rinse some longs out and lure more shorts in
05/09/07 11:22:19 Threei there you go :)
05/09/07 11:22:26 magoo :0
05/09/07 11:23:11 Roman this bull market is just unreal
05/09/07 11:23:22 Chaeron here, Shortie, Shortie, Shortie... great image Roman :)
05/09/07 11:24:27 _davegroom comming up on DJ high
05/09/07 11:24:27 lklarson wow, you called it vad
05/09/07 11:24:46 Threei and exactly 3 min eh?
05/09/07 11:25:07 lklarson yes, amazing:)
05/09/07 11:25:28 Chaeron Vad getting more and more Canadian as time goes on with those ""Eh""s... heheh
05/09/07 11:25:46 Threei what would be californian for eh? :)
05/09/07 11:25:53 Chaeron ""dude""
05/09/07 11:26:04 Threei or dudette?
05/09/07 11:26:09 Chaeron lol
05/09/07 11:26:11 _davegroom Haaaaaa!
05/09/07 11:26:13 DaveG oy
05/09/07 11:26:27 _davegroom west coast boy here
05/09/07 11:26:38 Threei recent convert to west coast here :)
05/09/07 11:29:29 magoo there must be a trade here somewhere guys
05/09/07 11:29:40 DaveG +.28 fti
05/09/07 11:29:52 DaveG 4-4 today
05/09/07 11:30:23 Threei BRCM
05/09/07 11:30:34 Threei .41 long
05/09/07 11:30:50 Threei .19 stop
05/09/07 11:32:18 Threei NVDA exact same setup
05/09/07 11:32:50 Threei both will depend on NQ and are based on feeling that NQ is bound to go up
05/09/07 11:35:11 Roman CTCH
05/09/07 11:35:26 DaveG wow, thick
05/09/07 11:35:43 Roman i think 1.95 gets taken on CTCH
05/09/07 11:43:53 Roman BRCM triggered?
05/09/07 11:43:59 Threei yup
05/09/07 11:46:36 craigaudio nvda needs to move also
05/09/07 11:46:42 lklarson yes
05/09/07 11:46:57 Threei NVDA yes sir
05/09/07 11:47:03 craigaudio is there life in it?
05/09/07 11:47:50 Threei move stop to .29 NVDA
05/09/07 11:48:02 Threei move stop to .29 BRCM
05/09/07 11:48:20 Threei lol... absolutely similar setups at similar prices
05/09/07 11:48:22 magoo in nvda, notr in brcm
05/09/07 11:48:37 lklarson only in nvda
05/09/07 11:48:54 craigaudio in both plus meca
05/09/07 11:50:14 Threei NQ jump over 1915 should let us out of both
05/09/07 11:50:38 craigaudio taken half nvda. stop to entry
05/09/07 11:50:49 Threei NVDA 1:1 almost
05/09/07 11:51:23 Threei BRCM led for a while, trailing now... what's up with that, bad horsie
05/09/07 11:51:23 craigaudio i got filled on half then brought other half lower
05/09/07 11:52:12 Threei BRCM 1:1
05/09/07 11:52:19 magoo its brcm by a nose
05/09/07 11:52:24 Threei :)
05/09/07 11:53:08 craigaudio excellent Vad
05/09/07 11:53:50 craigaudio todays target accomplished :-)
05/09/07 11:54:00 Threei wtg
05/09/07 11:54:53 DaveG nice going
05/09/07 11:56:34 craigaudio nasdaq 15 min chart is a picture
05/09/07 11:56:55 Threei and I even know how to make it
05/09/07 11:57:41 Threei get a mule, get it drunk with a bucket of vodka, tie the pencil top its tail, put a sheet of paper under the pencil, pin the mule with needle
05/09/07 11:57:45 Threei there you have it
05/09/07 11:57:58 lklarson comon nvda
05/09/07 11:58:42 craigaudio stopped out on NVDA. tightened it up too much
05/09/07 11:59:13 Threei that was my last joke for the next 5 years
05/09/07 11:59:21 Chaeron promise???????
05/09/07 11:59:25 Chaeron (teasing)
05/09/07 11:59:35 Threei yes
05/09/07 11:59:48 Chaeron (subscriptions just jumped 5000%%
05/09/07 11:59:55 Threei you didn't want to put up with my jokes, you will have to suffer through my signing
05/09/07 12:00:09 Chaeron autographs? :)
05/09/07 12:00:16 Threei (subscriptions dropped 10000%%)
05/09/07 12:00:33 craigaudio BRCM still moving. anyone still in it?
05/09/07 12:00:38 craigaudio im flat both now
05/09/07 12:00:54 Chaeron like Vad's singing craig :)
05/09/07 12:01:11 craigaudio lol
05/09/07 12:01:11 magoo im still in nvda, never took brcm
05/09/07 12:01:30 craigaudio magoo you like to hold out for a bigger slice
05/09/07 12:01:44 magoo vad, u still in nvda?
05/09/07 12:02:05 Threei I took BRCM instead
05/09/07 12:02:16 Threei never bought NVDAQ
05/09/07 12:02:18 craigaudio tbh i was expecting some russian dancing at the end of Vads video set. that would have finished it off for me
05/09/07 12:02:37 Threei hmmm... you didn't see it??
05/09/07 12:03:12 Threei bonus cd?
05/09/07 12:03:15 lklarson i'm out nvda +.11
05/09/07 12:03:16 craigaudio sh*t! didnt i get the bonus ""Singing and Dancing the Daq"" in my boxset
05/09/07 12:03:22 craigaudio ive been robbed!
05/09/07 12:03:58 craigaudio BRCM peaked now for me
05/09/07 12:04:05 lklarson can't take the pain anymore
05/09/07 12:04:42 Threei pain of profits...
05/09/07 12:04:50 Threei cry me a river G
05/09/07 12:04:55 lklarson no problem with that, eh
05/09/07 12:05:18 craigaudio what was it you saw in BRCM vad?
05/09/07 12:05:32 Threei big eyelashes...
05/09/07 12:05:45 craigaudio what timeframe?
05/09/07 12:05:46 Threei lol... sorry
05/09/07 12:05:52 Threei 1 min,
05/09/07 12:06:06 Threei after dropping with futs it spiked with them,
05/09/07 12:06:12 craigaudio oh i have 5 min and can only see a cloud
05/09/07 12:06:12 Threei topped out at .40,
05/09/07 12:06:28 Threei pulled back to .25
05/09/07 12:06:34 Threei consolidated a bit,
05/09/07 12:07:06 Threei and since I was bullish on NQ (under influence of Roman and vodka), I saw a setup on a long side, .41 trigger
05/09/07 12:07:46 craigaudio thanks
05/09/07 12:07:55 Threei I don't know what cloud is
05/09/07 12:08:10 craigaudio in the sky. the white fluffy stuff
05/09/07 12:08:12 Threei and suspect I don't miss much :)
05/09/07 12:08:22 Threei oh, that cloud
05/09/07 12:09:10 craigaudio what your plan with MECA?
05/09/07 12:09:15 Roman CNLG spiked
05/09/07 12:09:36 Threei so far no change MECA
05/09/07 12:09:51 Threei taking it home
05/09/07 12:10:03 Threei if you are uncomfortable, dump it about even
05/09/07 12:10:16 Threei it's 4 cents under entry, no harm done
05/09/07 12:10:54 craigaudio are you looking for the measured move back to around 3.25 area
05/09/07 12:11:09 craigaudio looking at 60 min chart
05/09/07 12:11:27 Threei 13:30] Threei technically speaking, MECA has a gap to fill at 3.17, and once it breaks over that, not much to keep it from reaching 3.50
05/09/07 12:11:28 Threei [13:31] Threei this is probably where battle starts
05/09/07 12:11:28 Threei [13:31] Threei swing traders will want to unload half between .40 and .50
05/09/07 12:11:57 magoo experiencing dejvu' here
05/09/07 12:12:04 craigaudio ok thanks
05/09/07 12:12:09 magoo i've seen that before
05/09/07 12:12:18 Threei my fault magoo
05/09/07 12:12:22 Threei I ran out of material
05/09/07 12:12:26 Threei repeting myself
05/09/07 12:12:31 craigaudio im lazy. have my chat screen small and not here all the time. sorry
05/09/07 12:12:32 Threei +a
05/09/07 12:12:48 craigaudio also i have ADD i think
05/09/07 12:12:56 Threei hmmm
05/09/07 12:13:08 Threei lazy... ADD... almost all traits of a good trader
05/09/07 12:13:17 Threei how is your speling?
05/09/07 12:13:37 craigaudio not as good as my puntication
05/09/07 12:13:55 Threei sounds better and better by the minute
05/09/07 12:14:07 Threei lousy crude sense of humor, and you are elite
05/09/07 12:14:36 lklarson lol
05/09/07 12:19:18 magoo amzn read vad?
05/09/07 12:19:34 Threei up
05/09/07 12:19:56 Threei I still see 65 in AMZN future
05/09/07 12:19:59 Threei not today though
05/09/07 12:19:59 craigaudio what about VTR long? might be breaking 60 min supprt
05/09/07 12:20:41 craigaudio although it is a thin stock
05/09/07 12:20:43 DaveG too few letters :)
05/09/07 12:20:44 Threei not too delighted by it
05/09/07 12:26:03 Roman ETEL eTelecare reports Q1 EPS of $0.21 vs $0.08 YoY, revs rose 50%% YoY to $62.1 mln (15.95 +0.00)
05/09/07 12:50:02 craigaudio gn guys im off
05/09/07 12:50:06 craigaudio see you all tomorrow
05/09/07 12:50:12 Threei take care craig
05/09/07 12:50:14 lklarson tk craig
05/09/07 12:50:21 magoo bye craig
05/09/07 12:50:29 craigaudio bye guys have a good one
05/09/07 12:55:12 Threei gosh DNDN
05/09/07 12:55:51 magoo that meca was a dog with fleas..sorry boss
05/09/07 12:56:15 Threei I will join that statement noly if it hits the stop
05/09/07 12:56:26 Threei it was labeled as swing from the beginning
05/09/07 12:57:22 magoo hey,,,i apoligized...but it was not worth my aggrevation of staring at it all day
05/09/07 12:57:33 Threei lol
05/09/07 12:57:37 Threei it's good for you
05/09/07 12:58:09 Threei it's a meditative stock
05/09/07 12:58:17 Threei good for blood pressure
05/09/07 12:59:25 Threei OK guys, thank you all
05/09/07 12:59:31 magoo ty vad
05/09/07 12:59:32 Threei have a good evening, see you tomorrow
05/09/07 12:59:33 lklarson tnx vad
05/09/07 12:59:34 DaveG thanks vad, have a great night
05/09/07 12:59:40 lklarson take care all
05/09/07 13:00:47 dptl tnx Vad ....tomorow
05/09/07 13:01:09 dptl good evening all
