September 12, 2007
Session Start: Wed Sep 12 00:00:00 2007
Session Time: Wed Sep 12 00:00:00 2007
[05:54] {BillyD} morning RT
[05:54] {Threei} already?
[05:54] {Threei} oh boy
[05:54] {BillyD} again
[05:54] {BillyD} begrateful...eh
[05:54] {Threei} trying
[05:57] {Threei} CRDC eh?
[05:58] {BillyD} yeah...it seems about the only action
[05:58] {BillyD} in a range here
[05:58] {Threei} not only
[05:58] {Threei} HEPH
[05:58] {BillyD} no vol
[05:58] {Threei} DIVX
[05:59] {BillyD} lol
[06:00] {Threei} you are tough to please, lol
[06:01] {BillyD} but I'm grateful :)
[06:01] {magoo} morn rt
[06:01] {BillyD} magoo :)
[06:01] {Threei} magoo :)
[06:01] {Threei} hey, AVII defeated Ebola virus
[06:02] {Raven} Good morning Ebola :)
[06:02] {Threei} do we care?
[06:02] {Threei} R :)
[06:02] {BillyD} R :)
[06:02] {Raven} T:)
[06:02] {magoo} crdc good volume
[06:02] {magoo} could be a player
[06:02] {Threei} incredibly difficult stock
[06:03] {magoo} yes..i prob only 50/50 success on it
[06:04] {magoo} no charts lasser, anyone else
[06:04] {BillyD} ok here
[06:04] {Raven} Putin dissolves Russian Government ... hello ?
[06:04] {BillyD} 3
[06:04] {Threei} are you terribly upset R?
[06:04] {cosmo} dissolve?
[06:05] {Threei} charts work mags
[06:05] {magoo} what server?
[06:05] {Raven} dunno what that means I guess
[06:05] {Raven} just reporting the news cosmo :)
[06:06] {cosmo} crdc
[06:06] {Threei} 3
[06:07] {magoo} ah..ty
[06:08] {magoo} cramer pumped RIMM last nite
[06:08] {magoo} aapl too
[06:09] {cosmo} CRDC pre mkt high = 10.16 so far
[06:11] {markweb} GM ALL
[06:11] {Threei} mark :)
[06:12] {markweb} :)
[06:12] {cosmo} CRDC needs to hold 9.90 imho
[06:13] {cosmo} ...should hold 10
[06:14] {magoo} news CRDC??
[06:14] {Threei} earlier
[06:15] {Threei} europian approval
[06:15] {cosmo} cured heart attacks?
[06:15] {magoo} ok...glad they approve
[06:16] {esemde} GM Vad cosmo magoo mark...et al...
[06:16] {cosmo} ese:)
[06:16] {markweb} :)
[06:16] {Threei} ese :)
[06:20] {dptl} good morning all
[06:20] {markweb} :)
[06:21] {Threei} dp :)
[06:21] {esemde} FLML showing up on my scanner up1.36 on 56k shs
[06:21] {tomg} gm RT
[06:22] {Threei} hi tom, welcome back
[06:22] {BillyD} morning tomg
[06:22] {tomg} ty vad
[06:22] {Raven} hey tomg :)
[06:22] {tomg} hey Raven
[06:22] {tomg} Billy
[06:22] {tomg} nice to be back
[06:24] {cosmo} gee...what happened to DaveG?
[06:25] {Threei} while I still vaguely remember what happened yesterday:
[06:26] {Threei} new blog post is out, so don't even think about gouing through the day without reading it
[06:28] {Threei} who needs link I can give it but only aaccompanied by trout
[06:29] {BillyD} sssshhh....you are distracting me from my reading :)
[06:29] {Threei} sorry
[06:32] {Threei} half lot lonf CRDC on first sign of strenght from here
[06:32] {Threei} risky as you know what
[06:33] {magoo} thinking it tries for 11
[06:34] {Threei} stop under 10
[06:36] {Threei} half out CRDC
[06:36] {Roman} hey all, had internet problems since yesterday afternon
[06:37] {Roman} i am moving out from this location
[06:37] {Roman} just 1 internet service provider, got a monopoly, no other options
[06:37] {Threei} sorry Roman, my shed is not for rent
[06:38] {Threei} offering second half .90, stop .45
[06:38] {magoo} 89
[06:38] {Threei} undercutter
[06:39] {Threei} .889
[06:39] {magoo} .87
[06:39] {dino} gm all
[06:39] {Threei} dino :)
[06:39] {Threei} my charts are down
[06:39] {BillyD} same here
[06:40] {BillyD} same here
[06:40] {tomg} crdc is at 10.43
[06:40] {Threei} got level 2 and T&S normally, just not charts
[06:40] {tomg} ok
[06:40] {Threei} ty
[06:40] {Threei} JNPR
[06:40] {Threei} half lot long .25
[06:41] {tomg} jnpr
[06:41] {BillyD} what's stop
[06:42] {Threei} so far under 36 but if oulls back before the trigger we will adjust it to the new higher low
[06:42] {BillyD} ok
[06:42] {dino} hl s aeo .04, stop .36
[06:42] {Threei} can go for 37 easily with any help by market
[06:45] {Threei} sheesh CRDC
[06:46] {Threei} half out JNPR here
[06:46] {magoo} over 11 imho vad
[06:46] {Threei} stop to .19 for the balance
[06:47] {magoo} i waiting .07
[06:47] {Threei} CRDC?
[06:47] {Threei} 11.07?
[06:48] {magoo} yes..subject to change in a nano second
[06:48] {Threei} magoo is as insane as ever, all is well in my world
[06:49] {magoo} out JNPR here .49 ty vad
[06:49] {Threei} welcome
[06:49] {BillyD} same here...thx Vad
[06:50] {Threei} traitors
[06:50] {Threei} I feel so lonely holding it
[06:51] {BillyD} why did you sell less than 1;1 area on first half
[06:51] {Threei} it was very fuzzy stop wise
[06:51] {BillyD} ok
[06:51] {Threei} 36 as support I mean,
[06:52] {Threei} it was quite far and JNPR had closer supports
[06:52] {BillyD} just calrifying
[06:52] {Threei} without charts I felt some anxiety to secure profits too
[06:53] {magoo} yeah...i can't ffunction without charts
[06:54] {Threei} stop .34
[06:54] {Roman} CTDC
[06:54] {dino} aeo stopped -.22
[06:54] {Roman} bouncer
[06:55] {Threei} .45
[06:57] {magoo} needs more voliume rfr imho
[06:57] {magoo} no power
[06:59] {Roman} in CTDC
[06:59] {Roman} 5.95 1/3
[06:59] {dino} clwr l .60
[06:59] {magoo} whats a third of 10k he he ...for roman
[07:00] {Roman} 600 shares
[07:02] {dino} clwr stop to flat
[07:03] {esemde} ARBA making a comeback....i missed an entry though
[07:05] {dino} out clwr .84, +.24
[07:06] {magoo} that CRDC is a f@34er
[07:07] {dino} micc fast fall
[07:09] {Roman} SIRI long
[07:09] {Roman} on cramer small
[07:09] {Threei} out JNPR
[07:09] {Roman} 3.38
[07:10] {Roman} XMSR going too
[07:10] {Roman} SIRI looking for 3.6
[07:12] {dino} l hl micc.32
[07:12] {magoo} in siri with ya
[07:13] {Roman} ic
[07:15] {dino} rmbs
[07:17] {dino} wbmd
[07:21] {BillyD} anyone have a good chart server
[07:21] {BillyD} with all data
[07:21] {magoo} not i
[07:22] {BillyD} I was stretching for hope
[07:22] {Threei} charts started streaming
[07:23] {magoo} mine started "steaming"
[07:24] {dino} out micc .72, +.40
[07:24] {Threei} RMBS takeover chatter
[07:24] {magoo} CRDC going over 11 imho..just pulls back so hard....
[07:24] {Threei} short candidate RMBS
[07:25] {BillyD} try chart server 3 guys
[07:26] {BillyD} still inaacurate
[07:26] {magoo} vad..u still in CRDC?
[07:26] {magoo} i am
[07:26] {Threei} no
[07:26] {Threei} you are all alone
[07:26] {magoo} u get stopped?
[07:27] {magoo} waiting .94
[07:27] {Threei} on second half trailing stop yes
[07:27] {magoo} ok..i was using 10 stop
[07:29] {Threei} RMBS short .70, half lot, .87 stop
[07:29] {Threei} ugh
[07:29] {Threei} late
[07:29] {magoo} 11 BIG magnate now for this animal
[07:30] {dino} l hl nvec .15
[07:30] {Threei} trying to get in on bounce, as close to hgih as possible
[07:30] {Threei} in
[07:30] {Threei} .78
[07:31] {BillyD} .85
[07:31] {Threei} *DOE CRUDE: -7M V -2.5ME; GASOLINE: -666K V -500KE; DISTILLATES: +1.8M V +1.9ME; UTILIZATION: 90.5% V 92%E
[07:31] {Threei} Crude: -5.2M
[07:31] {Threei} Distillate: +5.7M
[07:31] {Threei} Gasoline: +3.33M
[07:31] {dino} wbmd hl s .30
[07:34] {BillyD} out some RMBS +.14, .24
[07:34] {Roman} ASTI possible long
[07:34] {Roman} with solars
[07:35] {Roman} took some 9.62 area small
[07:36] {BillyD} VAD RMBS tgt?
[07:37] {Threei} something under .50
[07:37] {BillyD} thx
[07:38] {Threei} stopped second half
[07:38] {BillyD} same here
[07:38] {Roman} watching SOLF another solar play
[07:41] {dino} wbmd bstop to b/e
[07:41] {dino} stopped
[07:45] {dino} nmhc hl s .60, stop .91
[07:49] {dino} divx s hl .97, stop .35
[07:49] {Roman} look at CROX move
[07:49] {Roman} no pullbacks
[07:50] {Roman} so far
[07:51] {Roman} there is first pullabck
[07:52] {magoo} i wouldn't short that reptile
[07:54] {dino} make divx bstop .07
[07:56] {dino} micc fast fall again
[08:01] {dino} nmhc bstop to .52, divx to .87
[08:04] {magoo} vad, apply boot to SIRI for me and roman ....pallleeeeaaassssere
[08:04] {Threei} want me to lose kicking ability for a month?
[08:05] {Threei} this is like kicking Mount Rushmore
[08:05] {Threei} both painful and politically incorrect
[08:06] {magoo} i sometimes xpect to much of u i guess
[08:06] {Threei} sorry to be such a disappointment
[08:07] {magoo} thats ok...i will lower my xpectations to point where u can succeed and then we ok
[08:07] {Threei} cool... let me know
[08:08] {Threei} try to keep it at "can you open the newspaper" level pls
[08:08] {Threei} then I have a real shot
[08:08] {dino} cov divx .83, +.14
[08:12] {dino} nmhc bstop to .41
[08:12] {BillyD} anyone streaming charts??
[08:13] {dino} what are you having shots of vad?
[08:17] {esemde} Vad ... i was just talking to my brother in toronto...i'm trying to get him to sign up up for your trading room
[08:17] {esemde} he trades the the Vancouver venture exchenge
[08:17] {Threei} hmm... we are US markets only
[08:17] {dino} syna
[08:17] {esemde} i tell him he needs your coaching if he's going to trade that exchange
[08:18] {esemde} ya i know....
[08:18] {dptl} out jnpr +.20
[08:18] {dino} oh no, another set of brothers on the site
[08:18] {Threei} I know next to nothing about canadian markets'
[08:18] {esemde} The venture is big time risky....i think he's crazy to be there
[08:18] {esemde} we'll see
[08:19] {esemde} whos the other brothers dino?
[08:19] {dino} magoo and i
[08:20] {esemde} well lordy be....didn't know that
[08:20] {BillyD} dino, I know that was hard to admit publicly
[08:20] {dptl} lol
[08:20] {dino} it hurts bd, it hurts
[08:20] {BillyD} roflol
[08:20] {dino} ese, please don't call me lrd, dino is fine, :)
[08:21] {BillyD} dino, you made Vad's blog
[08:21] {dino} uh, oh.
[08:21] {BillyD} your famous
[08:21] {BillyD} lucky
[08:21] {dino} infamous more like it
[08:21] {BillyD} and skilled
[08:21] {dino} silc
[08:22] {dino} just lucky bd, lets not kid ourselves
[08:22] {dino} nmhc bstop to .36
[08:22] {BillyD} stops are skill :)
[08:23] {dino} darn silc couldn't bottow
[08:23] {magoo} anyone got milk?...er, um, i mean CHARTS yet?
[08:23] {dino} stops are religion
[08:23] {dino} nothing else matters
[08:23] {Threei} I hurl a lot of insults at you in that blog dino (let's see if that sends him to read it)
[08:23] {BillyD} none here magoo
[08:23] {dino} i thought it was just a room day replay?
[08:24] {magoo} i feel like jfk jr trying to fly at nite
[08:24] {dino} nmhc stopped +.24
[08:24] {Threei} there are two blogs dino
[08:24] {Threei} one is room replay
[08:24] {Threei} another is educational blog where I actually say things
[08:24] {Threei} or type
[08:24] {dino} lol, all i ever saw was room. tonight i'll check other
[08:24] {dino} link?
[08:25] {Threei} http://www.realitytrader.com/blog/index.html
[08:26] {dino} ty
[08:29] {magoo} u know dino...your analogy "stops are religion" doesn't work for u....you have zero respect for religion...hence the analogy is flawed...
[08:30] {dino} hmmm, magoo trying to distract me. ok then stops=skill, profits=luck
[08:30] {magoo} oh oh hear alot of typing in rthere
[08:32] {dino} keep it simple, a thousand trades out there
[08:32] {esemde} Now now....i didn't mean to start a brotherly fight...
[08:32] {dino} don't worry, i'll just throw my coffee mug at him
[08:34] {dino} sncr hl s .55, stop .86
[08:37] {esemde} trust me when i tell you this,,,RENOWING THE HOUSE IS NOT CONDUSIVE TO TRADING... kitchen floor guys are here...
[08:38] {esemde} WAY and i mean WAY to many distractions!!!
[08:38] {dino} sncr bstop to .52
[08:38] {magoo} what the hell is "renowing?"
[08:38] {dino} lol
[08:38] {esemde} renovations...
[08:39] {esemde} Canadian short term renowing
[08:39] {dino} ahh, thats why we have office downtown
[08:40] {esemde} fits in with the "I'm canadian EH!!"
[08:41] {esemde} one day...one day i'll have my office over at Vads..
[08:41] {dino} drys getting smacked
[08:41] {BillyD} he has a new complex almost completed ese
[08:41] {dino} sncr to .43
[08:41] {Roman} got to step out , be back soon
[08:41] {esemde} yep....weight loaa center.....
[08:42] {esemde} opps that weight loss center
[08:42] {BillyD} u r in trouble now
[08:42] {esemde} fitness center for traders...
[08:42] {esemde} how bout that
[08:43] {BillyD} too late....u saying Vad needs to diet
[08:43] {esemde} no not at all......just comenting on his new building
[08:44] {BillyD} hehe
[08:44] {dino} sure ese sure
[08:44] {Threei} hey, I even stained it
[08:44] {esemde} the Vadym Graifer Fitness Center"
[08:44] {Threei} just need to wire it
[08:45] {dino} how about vads' bait and sushi bar, todays bait on tomorrows plate
[08:45] {BillyD} lol
[08:45] {esemde} most impressive machine over there thought ....is the smoker...a definate must for the west coast...
[08:47] {esemde} a definate must for the decerning west coast home owner
[08:47] {dino} sncr bstop to .37 tight today
[08:47] {esemde} with crab and fishing dock just steps away.....
[08:48] {dino} to .34
[08:51] {dino} sncr stopped w/slippage ave .38, +.17
[08:52] {esemde} good job dino
[08:53] {dino} ty
[08:54] {dino} ati hl l .65, risky
[08:56] {esemde} long MSCC .64
[09:07] {dino} wbmd s hl .05 trig, stop .36
[09:14] {dino} no trig
[09:20] {dino} out ati .76, +.11
[09:21] {dino} nvec stopped -.37
[09:43] {dino} risky, s hl syna .03, stop .38
[09:56] {dino} micc hl l .70
[10:08] {dino} micc stopped -.40 hl
[10:09] {dino} syna stopped b/e
[10:17] {Threei} every day same thing - morning activity, nice readable trades, then total silence for a while
[10:17] {Threei} luckily closer to eod some aoppear again
[10:18] {Threei} yesterday's short on JNPR was probably the easiest read and one of the most opbvious trades in a long whiole for such "sticky" stock
[10:18] {Threei} occured in last 20 min or so
[10:25] {Threei} who hasn't read blog post yet, raise your hands
[10:29] {magoo} u right a blog??
[10:35] * Threei slaps magoo around a bit with a large trout
[10:36] {Threei} I know that's what you wanted... sorry for being so slow
[10:37] {esemde} see ya'll tomorrow...was stop on MSCC at .49 by the way
[10:37] {Threei} take care ese
[10:39] {BillyD} vad....who laid out your blog page
[10:39] {Threei} Google
[10:39] {BillyD} a very clean job
[10:39] {Threei} it's just a template
[10:39] {Threei} nothing really creative
[10:39] {BillyD} free
[10:39] {Threei} not sure
[10:40] {BillyD} I will look into it for my webpage
[10:41] {dino} ati hl l .08, stop .88
[10:41] {dino} later ese
[10:45] {BillyD} charts are streaming
[10:45] {dino} all day
[10:45] {Threei} depending on what NQ choses to do finally, JNPR is long at .18 or short at 36.99
[10:52] {Threei} half lot if sets up
[10:52] {Threei} don't want to get into afternoon trap with too much exposure
[10:52] {Threei} keep it light duting lunchtime
[10:53] {magoo} its looks like long scalp to me coming vad
[10:54] {magoo} aapl and bidu resuming upward..a tell
[10:56] {Threei} quite possible
[10:57] {dino} out ati .48, +.40
[11:08] {dino} hl l drys .85
[11:10] {magoo} mkt powering up
[11:14] {dino} drys stop to .46
[11:14] {magoo} out .48, thanx boss
[11:14] {Threei} welcome
[11:14] {dino} out +.61
[11:14] {Threei} all who ingored my call, go and read the blog post second time
[11:15] {magoo} i didn't read it a first..but took call
[11:15] {magoo} hhmmmmmmmmmmmm
[11:19] {dino} hl l lrcx .35
[11:22] {magoo} !!!!!!!!!!!!!!!
[11:22] {magoo} OH MY GODDDDDDDDDDDD
[11:23] {magoo} that article was my exact day yesterday...SIGH
[11:25] {dino} wow wbmd
[11:30] {dino} lrcx stop to b/e
[11:36] {magoo} i was being serious vad....could really relate to artcle
[11:36] {dino} to .48
[11:36] {Threei} many do
[11:36] {BillyD} did you become Einstein magoo
[11:36] {Threei} this is one of common issues
[11:37] {dino} think we all can at some time magoo
[11:37] {magoo} especially..i call it "outrunning my loser" by not taking scalp
[11:37] {dino} out lrcx .48, +.13
[11:37] {BillyD} when we think "we know better" than system
[11:37] {magoo} i printed it to read every morning..seriously
[11:38] {dino} l hl ati .17, stop .88
[11:38] {Threei} I am flattered
[11:38] {magoo} your "fatter?"
[11:39] {BillyD} lol
[11:40] {BillyD} Vad, on index type trades when you take the trade and index looks good and then fails......do yous till hold the trade based original stop
[11:41] {BillyD} no matter what index does
[11:41] {Threei} pretty much, yes
[11:41] {Threei} imagine, index drops,
[11:41] {Threei} your stock holds
[11:41] {Threei} what does it tell you?
[11:42] {BillyD} got a winner
[11:42] {BillyD} or good odds
[11:42] {Threei} exactly
[11:42] {BillyD} I have to remember that
[11:42] {Threei} if that happens, you have even better thing on your hands than you went for
[11:42] {Threei} and if not, so what, that was your original stop
[11:43] {BillyD} I tend to tie them too close together
[11:43] {BillyD} u r right
[11:43] {BillyD} again
[11:44] {Threei} it's kind of what one luxury yacht owner said when asked about huge cost of his boat and maintenance
[11:44] {Threei} "nobody buys a boat to save money"
[11:45] {Threei} same thing here - you don't set a stop size to minimize it
[11:45] {Threei} you set it to keep it
[11:45] {Threei} think of it in terms of what determines stop placement
[11:46] {Threei} stop is triggered when the opriginal reason for a trade is no longer valid, right?
[11:46] {Threei} in such case, reason for a trade is:
[11:46] {Threei} - stock following index,
[11:46] {Threei} - index moves up,
[11:46] {Threei} - stock breaks resistance
[11:46] {Threei} now, index reversed on you
[11:46] {Threei} but stock didn't
[11:47] {Threei} is original reason for a trade not valid anymore?
[11:47] {Threei} if anything it only got reinforced
[11:48] {BillyD} agree
[11:49] {dino} sndk hmm
[11:52] {magoo} VAD any read CRDC?
[11:56] {Threei} 10.50... risky as always
[11:59] {magoo} in
[12:03] {dino} out ati .41, +.24, brb
[12:11] {dino} hl l drys .66, stop lod
[12:18] {dino} sndk hl l .75, stop .44
[12:21] {dino} cern
[12:23] {dino} drys stopped -.31
[12:28] {dino} cern s .74
[12:28] {dino} hl
[12:33] {dino} cov cern .25, +.49
[12:42] {dino} manh hl l .15, stop .79
[12:44] {dino} make it .87\
[12:52] {BillyD} bye all...cya tomorrow
[12:52] {Threei} take care Billy
[12:53] {Threei} thank you all
[12:53] {Threei} have a good evening, see you tomorrow
[12:53] {BillyD} thx for lesson vad :)
[12:55] {dptl} see ya tomorrow all,have a good evening
[12:56] {dino} out sndk .78, out manh .02
[13:11] {dino} gn all, tee time in 45
Session Close: Thu Sep 13 00:00:00 2007
Session Time: Wed Sep 12 00:00:00 2007
[05:54] {BillyD} morning RT
[05:54] {Threei} already?
[05:54] {Threei} oh boy
[05:54] {BillyD} again
[05:54] {BillyD} begrateful...eh
[05:54] {Threei} trying
[05:57] {Threei} CRDC eh?
[05:58] {BillyD} yeah...it seems about the only action
[05:58] {BillyD} in a range here
[05:58] {Threei} not only
[05:58] {Threei} HEPH
[05:58] {BillyD} no vol
[05:58] {Threei} DIVX
[05:59] {BillyD} lol
[06:00] {Threei} you are tough to please, lol
[06:01] {BillyD} but I'm grateful :)
[06:01] {magoo} morn rt
[06:01] {BillyD} magoo :)
[06:01] {Threei} magoo :)
[06:01] {Threei} hey, AVII defeated Ebola virus
[06:02] {Raven} Good morning Ebola :)
[06:02] {Threei} do we care?
[06:02] {Threei} R :)
[06:02] {BillyD} R :)
[06:02] {Raven} T:)
[06:02] {magoo} crdc good volume
[06:02] {magoo} could be a player
[06:02] {Threei} incredibly difficult stock
[06:03] {magoo} yes..i prob only 50/50 success on it
[06:04] {magoo} no charts lasser, anyone else
[06:04] {BillyD} ok here
[06:04] {Raven} Putin dissolves Russian Government ... hello ?
[06:04] {BillyD} 3
[06:04] {Threei} are you terribly upset R?
[06:04] {cosmo} dissolve?
[06:05] {Threei} charts work mags
[06:05] {magoo} what server?
[06:05] {Raven} dunno what that means I guess
[06:05] {Raven} just reporting the news cosmo :)
[06:06] {cosmo} crdc
[06:06] {Threei} 3
[06:07] {magoo} ah..ty
[06:08] {magoo} cramer pumped RIMM last nite
[06:08] {magoo} aapl too
[06:09] {cosmo} CRDC pre mkt high = 10.16 so far
[06:11] {markweb} GM ALL
[06:11] {Threei} mark :)
[06:12] {markweb} :)
[06:12] {cosmo} CRDC needs to hold 9.90 imho
[06:13] {cosmo} ...should hold 10
[06:14] {magoo} news CRDC??
[06:14] {Threei} earlier
[06:15] {Threei} europian approval
[06:15] {cosmo} cured heart attacks?
[06:15] {magoo} ok...glad they approve
[06:16] {esemde} GM Vad cosmo magoo mark...et al...
[06:16] {cosmo} ese:)
[06:16] {markweb} :)
[06:16] {Threei} ese :)
[06:20] {dptl} good morning all
[06:20] {markweb} :)
[06:21] {Threei} dp :)
[06:21] {esemde} FLML showing up on my scanner up1.36 on 56k shs
[06:21] {tomg} gm RT
[06:22] {Threei} hi tom, welcome back
[06:22] {BillyD} morning tomg
[06:22] {tomg} ty vad
[06:22] {Raven} hey tomg :)
[06:22] {tomg} hey Raven
[06:22] {tomg} Billy
[06:22] {tomg} nice to be back
[06:24] {cosmo} gee...what happened to DaveG?
[06:25] {Threei} while I still vaguely remember what happened yesterday:
[06:26] {Threei} new blog post is out, so don't even think about gouing through the day without reading it
[06:28] {Threei} who needs link I can give it but only aaccompanied by trout
[06:29] {BillyD} sssshhh....you are distracting me from my reading :)
[06:29] {Threei} sorry
[06:32] {Threei} half lot lonf CRDC on first sign of strenght from here
[06:32] {Threei} risky as you know what
[06:33] {magoo} thinking it tries for 11
[06:34] {Threei} stop under 10
[06:36] {Threei} half out CRDC
[06:36] {Roman} hey all, had internet problems since yesterday afternon
[06:37] {Roman} i am moving out from this location
[06:37] {Roman} just 1 internet service provider, got a monopoly, no other options
[06:37] {Threei} sorry Roman, my shed is not for rent
[06:38] {Threei} offering second half .90, stop .45
[06:38] {magoo} 89
[06:38] {Threei} undercutter
[06:39] {Threei} .889
[06:39] {magoo} .87
[06:39] {dino} gm all
[06:39] {Threei} dino :)
[06:39] {Threei} my charts are down
[06:39] {BillyD} same here
[06:40] {BillyD} same here
[06:40] {tomg} crdc is at 10.43
[06:40] {Threei} got level 2 and T&S normally, just not charts
[06:40] {tomg} ok
[06:40] {Threei} ty
[06:40] {Threei} JNPR
[06:40] {Threei} half lot long .25
[06:41] {tomg} jnpr
[06:41] {BillyD} what's stop
[06:42] {Threei} so far under 36 but if oulls back before the trigger we will adjust it to the new higher low
[06:42] {BillyD} ok
[06:42] {dino} hl s aeo .04, stop .36
[06:42] {Threei} can go for 37 easily with any help by market
[06:45] {Threei} sheesh CRDC
[06:46] {Threei} half out JNPR here
[06:46] {magoo} over 11 imho vad
[06:46] {Threei} stop to .19 for the balance
[06:47] {magoo} i waiting .07
[06:47] {Threei} CRDC?
[06:47] {Threei} 11.07?
[06:48] {magoo} yes..subject to change in a nano second
[06:48] {Threei} magoo is as insane as ever, all is well in my world
[06:49] {magoo} out JNPR here .49 ty vad
[06:49] {Threei} welcome
[06:49] {BillyD} same here...thx Vad
[06:50] {Threei} traitors
[06:50] {Threei} I feel so lonely holding it
[06:51] {BillyD} why did you sell less than 1;1 area on first half
[06:51] {Threei} it was very fuzzy stop wise
[06:51] {BillyD} ok
[06:51] {Threei} 36 as support I mean,
[06:52] {Threei} it was quite far and JNPR had closer supports
[06:52] {BillyD} just calrifying
[06:52] {Threei} without charts I felt some anxiety to secure profits too
[06:53] {magoo} yeah...i can't ffunction without charts
[06:54] {Threei} stop .34
[06:54] {Roman} CTDC
[06:54] {dino} aeo stopped -.22
[06:54] {Roman} bouncer
[06:55] {Threei} .45
[06:57] {magoo} needs more voliume rfr imho
[06:57] {magoo} no power
[06:59] {Roman} in CTDC
[06:59] {Roman} 5.95 1/3
[06:59] {dino} clwr l .60
[06:59] {magoo} whats a third of 10k he he ...for roman
[07:00] {Roman} 600 shares
[07:02] {dino} clwr stop to flat
[07:03] {esemde} ARBA making a comeback....i missed an entry though
[07:05] {dino} out clwr .84, +.24
[07:06] {magoo} that CRDC is a f@34er
[07:07] {dino} micc fast fall
[07:09] {Roman} SIRI long
[07:09] {Roman} on cramer small
[07:09] {Threei} out JNPR
[07:09] {Roman} 3.38
[07:10] {Roman} XMSR going too
[07:10] {Roman} SIRI looking for 3.6
[07:12] {dino} l hl micc.32
[07:12] {magoo} in siri with ya
[07:13] {Roman} ic
[07:15] {dino} rmbs
[07:17] {dino} wbmd
[07:21] {BillyD} anyone have a good chart server
[07:21] {BillyD} with all data
[07:21] {magoo} not i
[07:22] {BillyD} I was stretching for hope
[07:22] {Threei} charts started streaming
[07:23] {magoo} mine started "steaming"
[07:24] {dino} out micc .72, +.40
[07:24] {Threei} RMBS takeover chatter
[07:24] {magoo} CRDC going over 11 imho..just pulls back so hard....
[07:24] {Threei} short candidate RMBS
[07:25] {BillyD} try chart server 3 guys
[07:26] {BillyD} still inaacurate
[07:26] {magoo} vad..u still in CRDC?
[07:26] {magoo} i am
[07:26] {Threei} no
[07:26] {Threei} you are all alone
[07:26] {magoo} u get stopped?
[07:27] {magoo} waiting .94
[07:27] {Threei} on second half trailing stop yes
[07:27] {magoo} ok..i was using 10 stop
[07:29] {Threei} RMBS short .70, half lot, .87 stop
[07:29] {Threei} ugh
[07:29] {Threei} late
[07:29] {magoo} 11 BIG magnate now for this animal
[07:30] {dino} l hl nvec .15
[07:30] {Threei} trying to get in on bounce, as close to hgih as possible
[07:30] {Threei} in
[07:30] {Threei} .78
[07:31] {BillyD} .85
[07:31] {Threei} *DOE CRUDE: -7M V -2.5ME; GASOLINE: -666K V -500KE; DISTILLATES: +1.8M V +1.9ME; UTILIZATION: 90.5% V 92%E
[07:31] {Threei} Crude: -5.2M
[07:31] {Threei} Distillate: +5.7M
[07:31] {Threei} Gasoline: +3.33M
[07:31] {dino} wbmd hl s .30
[07:34] {BillyD} out some RMBS +.14, .24
[07:34] {Roman} ASTI possible long
[07:34] {Roman} with solars
[07:35] {Roman} took some 9.62 area small
[07:36] {BillyD} VAD RMBS tgt?
[07:37] {Threei} something under .50
[07:37] {BillyD} thx
[07:38] {Threei} stopped second half
[07:38] {BillyD} same here
[07:38] {Roman} watching SOLF another solar play
[07:41] {dino} wbmd bstop to b/e
[07:41] {dino} stopped
[07:45] {dino} nmhc hl s .60, stop .91
[07:49] {dino} divx s hl .97, stop .35
[07:49] {Roman} look at CROX move
[07:49] {Roman} no pullbacks
[07:50] {Roman} so far
[07:51] {Roman} there is first pullabck
[07:52] {magoo} i wouldn't short that reptile
[07:54] {dino} make divx bstop .07
[07:56] {dino} micc fast fall again
[08:01] {dino} nmhc bstop to .52, divx to .87
[08:04] {magoo} vad, apply boot to SIRI for me and roman ....pallleeeeaaassssere
[08:04] {Threei} want me to lose kicking ability for a month?
[08:05] {Threei} this is like kicking Mount Rushmore
[08:05] {Threei} both painful and politically incorrect
[08:06] {magoo} i sometimes xpect to much of u i guess
[08:06] {Threei} sorry to be such a disappointment
[08:07] {magoo} thats ok...i will lower my xpectations to point where u can succeed and then we ok
[08:07] {Threei} cool... let me know
[08:08] {Threei} try to keep it at "can you open the newspaper" level pls
[08:08] {Threei} then I have a real shot
[08:08] {dino} cov divx .83, +.14
[08:12] {dino} nmhc bstop to .41
[08:12] {BillyD} anyone streaming charts??
[08:13] {dino} what are you having shots of vad?
[08:17] {esemde} Vad ... i was just talking to my brother in toronto...i'm trying to get him to sign up up for your trading room
[08:17] {esemde} he trades the the Vancouver venture exchenge
[08:17] {Threei} hmm... we are US markets only
[08:17] {dino} syna
[08:17] {esemde} i tell him he needs your coaching if he's going to trade that exchange
[08:18] {esemde} ya i know....
[08:18] {dptl} out jnpr +.20
[08:18] {dino} oh no, another set of brothers on the site
[08:18] {Threei} I know next to nothing about canadian markets'
[08:18] {esemde} The venture is big time risky....i think he's crazy to be there
[08:18] {esemde} we'll see
[08:19] {esemde} whos the other brothers dino?
[08:19] {dino} magoo and i
[08:20] {esemde} well lordy be....didn't know that
[08:20] {BillyD} dino, I know that was hard to admit publicly
[08:20] {dptl} lol
[08:20] {dino} it hurts bd, it hurts
[08:20] {BillyD} roflol
[08:20] {dino} ese, please don't call me lrd, dino is fine, :)
[08:21] {BillyD} dino, you made Vad's blog
[08:21] {dino} uh, oh.
[08:21] {BillyD} your famous
[08:21] {BillyD} lucky
[08:21] {dino} infamous more like it
[08:21] {BillyD} and skilled
[08:21] {dino} silc
[08:22] {dino} just lucky bd, lets not kid ourselves
[08:22] {dino} nmhc bstop to .36
[08:22] {BillyD} stops are skill :)
[08:23] {dino} darn silc couldn't bottow
[08:23] {magoo} anyone got milk?...er, um, i mean CHARTS yet?
[08:23] {dino} stops are religion
[08:23] {dino} nothing else matters
[08:23] {Threei} I hurl a lot of insults at you in that blog dino (let's see if that sends him to read it)
[08:23] {BillyD} none here magoo
[08:23] {dino} i thought it was just a room day replay?
[08:24] {magoo} i feel like jfk jr trying to fly at nite
[08:24] {dino} nmhc stopped +.24
[08:24] {Threei} there are two blogs dino
[08:24] {Threei} one is room replay
[08:24] {Threei} another is educational blog where I actually say things
[08:24] {Threei} or type
[08:24] {dino} lol, all i ever saw was room. tonight i'll check other
[08:24] {dino} link?
[08:25] {Threei} http://www.realitytrader.com/blog/index.html
[08:26] {dino} ty
[08:29] {magoo} u know dino...your analogy "stops are religion" doesn't work for u....you have zero respect for religion...hence the analogy is flawed...
[08:30] {dino} hmmm, magoo trying to distract me. ok then stops=skill, profits=luck
[08:30] {magoo} oh oh hear alot of typing in rthere
[08:32] {dino} keep it simple, a thousand trades out there
[08:32] {esemde} Now now....i didn't mean to start a brotherly fight...
[08:32] {dino} don't worry, i'll just throw my coffee mug at him
[08:34] {dino} sncr hl s .55, stop .86
[08:37] {esemde} trust me when i tell you this,,,RENOWING THE HOUSE IS NOT CONDUSIVE TO TRADING... kitchen floor guys are here...
[08:38] {esemde} WAY and i mean WAY to many distractions!!!
[08:38] {dino} sncr bstop to .52
[08:38] {magoo} what the hell is "renowing?"
[08:38] {dino} lol
[08:38] {esemde} renovations...
[08:39] {esemde} Canadian short term renowing
[08:39] {dino} ahh, thats why we have office downtown
[08:40] {esemde} fits in with the "I'm canadian EH!!"
[08:41] {esemde} one day...one day i'll have my office over at Vads..
[08:41] {dino} drys getting smacked
[08:41] {BillyD} he has a new complex almost completed ese
[08:41] {dino} sncr to .43
[08:41] {Roman} got to step out , be back soon
[08:41] {esemde} yep....weight loaa center.....
[08:42] {esemde} opps that weight loss center
[08:42] {BillyD} u r in trouble now
[08:42] {esemde} fitness center for traders...
[08:42] {esemde} how bout that
[08:43] {BillyD} too late....u saying Vad needs to diet
[08:43] {esemde} no not at all......just comenting on his new building
[08:44] {BillyD} hehe
[08:44] {dino} sure ese sure
[08:44] {Threei} hey, I even stained it
[08:44] {esemde} the Vadym Graifer Fitness Center"
[08:44] {Threei} just need to wire it
[08:45] {dino} how about vads' bait and sushi bar, todays bait on tomorrows plate
[08:45] {BillyD} lol
[08:45] {esemde} most impressive machine over there thought ....is the smoker...a definate must for the west coast...
[08:47] {esemde} a definate must for the decerning west coast home owner
[08:47] {dino} sncr bstop to .37 tight today
[08:47] {esemde} with crab and fishing dock just steps away.....
[08:48] {dino} to .34
[08:51] {dino} sncr stopped w/slippage ave .38, +.17
[08:52] {esemde} good job dino
[08:53] {dino} ty
[08:54] {dino} ati hl l .65, risky
[08:56] {esemde} long MSCC .64
[09:07] {dino} wbmd s hl .05 trig, stop .36
[09:14] {dino} no trig
[09:20] {dino} out ati .76, +.11
[09:21] {dino} nvec stopped -.37
[09:43] {dino} risky, s hl syna .03, stop .38
[09:56] {dino} micc hl l .70
[10:08] {dino} micc stopped -.40 hl
[10:09] {dino} syna stopped b/e
[10:17] {Threei} every day same thing - morning activity, nice readable trades, then total silence for a while
[10:17] {Threei} luckily closer to eod some aoppear again
[10:18] {Threei} yesterday's short on JNPR was probably the easiest read and one of the most opbvious trades in a long whiole for such "sticky" stock
[10:18] {Threei} occured in last 20 min or so
[10:25] {Threei} who hasn't read blog post yet, raise your hands
[10:29] {magoo} u right a blog??
[10:35] * Threei slaps magoo around a bit with a large trout
[10:36] {Threei} I know that's what you wanted... sorry for being so slow
[10:37] {esemde} see ya'll tomorrow...was stop on MSCC at .49 by the way
[10:37] {Threei} take care ese
[10:39] {BillyD} vad....who laid out your blog page
[10:39] {Threei} Google
[10:39] {BillyD} a very clean job
[10:39] {Threei} it's just a template
[10:39] {Threei} nothing really creative
[10:39] {BillyD} free
[10:39] {Threei} not sure
[10:40] {BillyD} I will look into it for my webpage
[10:41] {dino} ati hl l .08, stop .88
[10:41] {dino} later ese
[10:45] {BillyD} charts are streaming
[10:45] {dino} all day
[10:45] {Threei} depending on what NQ choses to do finally, JNPR is long at .18 or short at 36.99
[10:52] {Threei} half lot if sets up
[10:52] {Threei} don't want to get into afternoon trap with too much exposure
[10:52] {Threei} keep it light duting lunchtime
[10:53] {magoo} its looks like long scalp to me coming vad
[10:54] {magoo} aapl and bidu resuming upward..a tell
[10:56] {Threei} quite possible
[10:57] {dino} out ati .48, +.40
[11:08] {dino} hl l drys .85
[11:10] {magoo} mkt powering up
[11:14] {dino} drys stop to .46
[11:14] {magoo} out .48, thanx boss
[11:14] {Threei} welcome
[11:14] {dino} out +.61
[11:14] {Threei} all who ingored my call, go and read the blog post second time
[11:15] {magoo} i didn't read it a first..but took call
[11:15] {magoo} hhmmmmmmmmmmmm
[11:19] {dino} hl l lrcx .35
[11:22] {magoo} !!!!!!!!!!!!!!!
[11:22] {magoo} OH MY GODDDDDDDDDDDD
[11:23] {magoo} that article was my exact day yesterday...SIGH
[11:25] {dino} wow wbmd
[11:30] {dino} lrcx stop to b/e
[11:36] {magoo} i was being serious vad....could really relate to artcle
[11:36] {dino} to .48
[11:36] {Threei} many do
[11:36] {BillyD} did you become Einstein magoo
[11:36] {Threei} this is one of common issues
[11:37] {dino} think we all can at some time magoo
[11:37] {magoo} especially..i call it "outrunning my loser" by not taking scalp
[11:37] {dino} out lrcx .48, +.13
[11:37] {BillyD} when we think "we know better" than system
[11:37] {magoo} i printed it to read every morning..seriously
[11:38] {dino} l hl ati .17, stop .88
[11:38] {Threei} I am flattered
[11:38] {magoo} your "fatter?"
[11:39] {BillyD} lol
[11:40] {BillyD} Vad, on index type trades when you take the trade and index looks good and then fails......do yous till hold the trade based original stop
[11:41] {BillyD} no matter what index does
[11:41] {Threei} pretty much, yes
[11:41] {Threei} imagine, index drops,
[11:41] {Threei} your stock holds
[11:41] {Threei} what does it tell you?
[11:42] {BillyD} got a winner
[11:42] {BillyD} or good odds
[11:42] {Threei} exactly
[11:42] {BillyD} I have to remember that
[11:42] {Threei} if that happens, you have even better thing on your hands than you went for
[11:42] {Threei} and if not, so what, that was your original stop
[11:43] {BillyD} I tend to tie them too close together
[11:43] {BillyD} u r right
[11:43] {BillyD} again
[11:44] {Threei} it's kind of what one luxury yacht owner said when asked about huge cost of his boat and maintenance
[11:44] {Threei} "nobody buys a boat to save money"
[11:45] {Threei} same thing here - you don't set a stop size to minimize it
[11:45] {Threei} you set it to keep it
[11:45] {Threei} think of it in terms of what determines stop placement
[11:46] {Threei} stop is triggered when the opriginal reason for a trade is no longer valid, right?
[11:46] {Threei} in such case, reason for a trade is:
[11:46] {Threei} - stock following index,
[11:46] {Threei} - index moves up,
[11:46] {Threei} - stock breaks resistance
[11:46] {Threei} now, index reversed on you
[11:46] {Threei} but stock didn't
[11:47] {Threei} is original reason for a trade not valid anymore?
[11:47] {Threei} if anything it only got reinforced
[11:48] {BillyD} agree
[11:49] {dino} sndk hmm
[11:52] {magoo} VAD any read CRDC?
[11:56] {Threei} 10.50... risky as always
[11:59] {magoo} in
[12:03] {dino} out ati .41, +.24, brb
[12:11] {dino} hl l drys .66, stop lod
[12:18] {dino} sndk hl l .75, stop .44
[12:21] {dino} cern
[12:23] {dino} drys stopped -.31
[12:28] {dino} cern s .74
[12:28] {dino} hl
[12:33] {dino} cov cern .25, +.49
[12:42] {dino} manh hl l .15, stop .79
[12:44] {dino} make it .87\
[12:52] {BillyD} bye all...cya tomorrow
[12:52] {Threei} take care Billy
[12:53] {Threei} thank you all
[12:53] {Threei} have a good evening, see you tomorrow
[12:53] {BillyD} thx for lesson vad :)
[12:55] {dptl} see ya tomorrow all,have a good evening
[12:56] {dino} out sndk .78, out manh .02
[13:11] {dino} gn all, tee time in 45
Session Close: Thu Sep 13 00:00:00 2007
