RealityTrader Trading Log

Wednesday, October 10, 2007

October 10, 2007

Session Start: Wed Oct 10 00:00:00 2007

Session Time: Wed Oct 10 00:00:00 2007

[08:36] *** Now talking in #discussions
[08:36] {bruce} hi chaeron
[08:37] {markweb} hi chaeron:)
[08:41] {esemde} out EGLE .53 +.16
[08:41] {markweb} nice call ese, ill take all yor calls, slow and low stress for old mark
[08:43] {bruce} good one ese
[08:45] {markweb} NVDA?
[08:47] {Threei} not sure
[08:47] {markweb} ty
[08:48] {Threei} chart is weak, and feels like more downside... but NQ is so jerky today
[08:49] {Threei} and we near lunch time when moves become even moredisorderly
[08:49] {Threei} or less orderly
[08:51] {bruce} you mentioned farley yesterday
[08:51] {bruce} read a couple of his books
[08:51] {markweb} "not sure" is my permanent condition:(
[08:51] {bruce} complicated trading style
[08:56] {bruce} csun short vad?
[08:57] {Threei} HEARING CAUTIOUS COMMENTS FROM COWEN & CO.
[09:01] {esemde} belated thanks...mark bruce...had to take a call
[09:02] {bruce} fair nuff ese
[09:04] {esemde} the chart patterns are right out of VAD's bible....techniques of tape reading
[09:04] {Threei} lol
[09:04] {esemde} i pray to it every day.......
[09:05] {esemde} EGLE looks to be taking off again
[09:08] {esemde} scratch that......
[09:08] {ramvfin2003} Vad Im no longer on free trail, subscribed this am so gotta make the money back on some trades....lol
[09:09] {Threei} hi ram, welcome aboard
[09:09] {Threei} sorry, no luck today, we already made all the winning calls for todsay... we have quota you know, gotta leave some money in the market for others
[09:10] {markweb} ?
[09:10] {ramvfin2003} others, there are others besides us....ha
[09:10] {bruce} good to have you ram
[09:10] {Threei} what mark? you don't want to leave anything for anyone else?
[09:10] {ramvfin2003} ty
[09:10] {bruce} we had huge morning
[09:10] {markweb} no
[09:11] {bruce} always tommorrow though
[09:11] {Threei} also, I need to go and send $2,468 to some woman I've never heard of... but poor thing stuck in Africa hotel with no money
[09:11] {Threei} and somehow found my e-mail adress, just imagine
[09:11] {bruce} geesh
[09:11] {Threei} and with all my Nigeria lucky finds, I really feel like helping out
[09:12] {bruce} I know her vad
[09:12] {Threei} lol
[09:12] {dptl} lol
[09:12] {bruce} she called this am and asked to hold your money for her
[09:12] {Threei} hey, she is a good people,
[09:12] {Threei} she travelled under the program:
[09:13] {bruce} you bet
[09:13] {Threei} "Empowering Youth to Fight Racism, HIV/AIDS, Poverty and Lack of Education, the program is taking place in three major countries in Africa which is Ghana , South Africa and Nigeria .
[09:13] {Threei} there
[09:13] {bruce} what program is that?
[09:13] {bruce} ah
[09:13] {bruce} thought it was lets ri; off unsuspecting ublic program
[09:14] {bruce} sounds good vad
[09:14] {Threei} that program sponsoirs this program
[09:14] {bruce} lol
[09:19] {esemde} take care everyone......now that Rams here i can leave.
[09:20] {bruce} you were trading for ram today ese?
[09:20] {Threei} wow... that's cooperation
[09:20] {bruce} yes
[09:20] {Threei} sending half of profits to him too ese?
[09:20] {esemde} no.....although we might make a great team
[09:20] {bruce} very heartfelt ese
[09:21] {esemde} see ya'll
[09:21] {bruce} lol
[09:21] {bruce} bye
[09:21] {bruce} breaking for a snack
[09:21] {bruce} back in 30 or so
[09:22] {Threei} OK, gotta find a play in a hurry while bruce is away
[09:22] {Threei} I have FREE call to annoy the heck out of magoo tomorrow
[09:22] {Threei} need to find something to abuse bruce with
[09:23] {Threei} ugh... FREE ytou would appreciate too ram... your style
[09:24] {Threei} NINE hit 7 as forecast... but this reversal was not really readable
[09:28] {Threei} CRDC .10 short small shares
[09:28] {Threei} stop around .30
[09:29] {Threei} stock is jumpy, don't go crazy on size
[09:47] {Threei} NINE looks determined
[09:48] {ramvfin2003} anythoughts on it Vad?
[09:49] {Threei} I hate the depth of pullbacks on it
[09:49] {Threei} makes it very hard to manage
[09:51] {ramvfin2003} wow NINE all over the place
[09:51] {Threei} see what I mean?
[09:54] {markweb} NVDA vad?
[09:55] {Threei} starts looking like bounce candidate to me
[09:55] {Threei} with stop .09
[09:55] {Threei} try to time entry with NQ
[09:55] {ramvfin2003} l NVDA .14
[09:56] {markweb} ty
[10:01] {Threei} NQ is still hectic
[10:02] {markweb} no in
[10:15] {bruce} back gents
[10:21] {Threei} ARTW spread, yecchhhh
[10:22] {ramvfin2003} NINE?
[10:22] {Threei} no idea
[10:23] {Threei} this thing simply does whatever it wants
[10:24] {bruce} dow is still diving
[10:44] {Threei} SEED isn't done it seems
[10:45] {Threei} ATEA scalp if breaks 5
[10:48] {ramvfin2003} thoughts on SEED?
[10:48] {Threei} long small shares over .60
[10:52] {Threei} stop under .40
[10:57] {Threei} 1:1
[11:06] {ramvfin2003} NVDA starting to move it seems
[11:07] {markweb} missed:(
[11:17] {Threei} SEED 1:2
[11:17] {ramvfin2003} wow SEED
[11:18] {bruce} you predicted 11 in seed vad
[11:18] {Threei} I did?
[11:19] {bruce} lol
[11:19] {markweb} 1:1 is OK no greed!
[11:20] {Threei} hmmm, I did
[11:20] {Threei} [09:37] {Threei} 11 should be reachable SEED
[11:21] {Threei} someone hold my hand before I dislocate my shoulder patting myself on the back
[11:21] {Threei} NEEDHAM RAISED LDK TO STRONG BUY FROM BUY (TIMING UNCERTAIN
[11:21] {bruce} I see your point about playing the stocks with most momo in them
[11:22] {Threei} for some reason LDK feels like huge trap to me
[11:22] {Threei} disaster waiting to happen
[11:23] {bruce} just shows you - we do pay attn to what you say vad
[11:23] {Threei} that's rather shocking
[11:25] {bruce} seed still a play at this level?
[11:26] {Threei} risk is huge at these levels
[11:26] {bruce} that was my thought
[11:28] {markweb} CSUN?
[11:29] {Threei} no faintest idea
[11:30] {markweb} pl.try:)
[11:31] {Threei} if I close my eyes and say long over .85 with stop .65, will you take this for an answer?
[11:31] {markweb} yes
[11:32] {Threei} you realize my eyes are closed, right?
[11:32] {bruce} lol
[11:32] {markweb} yes
[11:32] {bruce} its called gabling mark
[11:33] {Threei} okay then... as long as we are clear on that :)
[11:34] {Threei} couple more crazy t5rades if you in the market for those:
[11:34] {Threei} ASDTH, 8 long
[11:34] {Threei} FREE over .40 long
[11:34] {bruce} ldk trying vad
[11:35] {Threei} SDTH that was
[11:36] {Threei} LDK is scalping material if you can handle the speed and volatility
[11:37] {markweb} CAN NOT!
[11:40] {ramvfin2003} l FREE .42
[11:40] {ramvfin2003} stop on FREE?
[11:41] {Threei} .15
[11:41] {Threei} BHIP
[11:42] {ramvfin2003} BHIP what r u thinkin boss man....entry?
[11:42] {Threei} not sure... news spike
[11:43] {ramvfin2003} l SDTH .03
[11:44] {ramvfin2003} vad target on SDTH?
[11:45] {Threei} next spike
[11:45] {Threei} take profit as you see fit here
[11:46] {Threei} I am out .17
[11:47] {bruce} is that what alerted you to sdth vad - a news spike?
[11:47] {Threei} no, news was BHIP
[11:47] {bruce} k
[11:47] {Threei} SDTH just chart setup
[11:47] {bruce} got you
[11:48] {Threei} jeez SEED
[11:49] {bruce} yeah - looks like it will take 12
[11:50] {ramvfin2003} out SDTH .20 + .17
[11:50] {ramvfin2003} ty vad
[11:50] {Threei} welcome
[11:52] {ramvfin2003} s FREE .60 + .18
[11:55] {ramvfin2003} 2 NVDA .36 +22
[11:56] {ramvfin2003} s NVDA .36 +.22
[11:58] {markweb} perfect job ram:)
[11:59] {ramvfin2003} ty
[12:00] {bruce} congrats ram
[12:02] {Threei} ram... your subscription cost is paid by today's trades yet??
[12:04] {ramvfin2003} yes paid for subscription and still met my daliy goal and only came in late this am
[12:05] {Threei} I knew room subscription was undervalued {G}
[12:05] {Threei} FREE has a shot at 10
[12:09] {Threei} there
[12:10] {Threei} wow BHIP
[12:11] {ramvfin2003} l on a break of .36 vad?
[12:12] {Threei} it's a pure momo
[12:12] {Threei} no technical read
[12:13] {ramvfin2003} l BHIP .40 small
[12:16] {ramvfin2003} s BHIP .55 +.15
[12:17] {Threei} gotta stop that
[12:18] {Threei} noone will come out to play with us tomorrow
[12:18] {markweb} i will
[12:18] {Threei} wel, you are one of us
[12:19] {markweb} lol
[12:19] {Threei} those who are not and who we need to play with us - they wopn't :)
[12:20] {Threei} what are we poor peasants to do then, scalp each other?
[12:20] {cosmo} that's in eastern canada...right?
[12:20] {Threei} SEED 12 lol
[12:20] {Threei} what is cosmo?
[12:21] {cosmo} scalping
[12:21] {Threei} oh
[12:21] {Threei} no, it' s a global phenomenon, like warming
[12:21] {cosmo} yeah ...like every day
[12:23] {Threei} don't look at FREE now, ram
[12:26] {ramvfin2003} :(
[12:31] {Chaeron} Nobel Peace Prize for scalping? hmmm Threei, it comes with $100,000 bonus $$$
[12:33] {Threei} bonus?
[12:33] {Threei} whbat's the main award?
[12:34] {Threei} to get me interested it must be in the nigerian luck numbers...
[12:39] {Threei} SCON?
[12:39] {Threei} I don't see news
[12:40] {ramvfin2003} i dont see news either
[12:41] {ramvfin2003} any read on it vad?
[12:41] {Threei} no :)
[12:41] {Threei} vertical spike
[12:41] {Threei} no idea what drives it
[12:42] {Threei} if there is no real news behind it, probably done
[12:45] {bruce} nvda made a nice correction
[12:50] {bruce} I'm done for day
[12:50] {Threei} BHIP sizeable pullback
[12:51] {bruce} see everyone in am
[12:53] {Threei} thank you all
[12:53] {Threei} have a great evening
[12:53] {Threei} see you tomorrow
[12:54] {Threei} don't spend all you made today... hangiover can be tough
[13:00] {Threei} oh btw
[13:00] {Threei} if you itch to take something overnight, FREE small shares
Session Close: Thu Oct 11 00:00:00 2007