RealityTrader Trading Log

Monday, October 22, 2007

October 22, 2007

Session Start: Mon Oct 22 08:55:58 2007
[08:55] *** Now talking in #discussions
[08:55] -admin- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
[08:57] {dino} baqck'
[08:58] {dino} back
[09:05] {Threei} CHKP half lot short 25.99 if stays below 26.15
[09:10] {bruce} in chkp 25.98
[09:15] {Threei} stop to .11 IMO
[09:15] {Threei} I am paranoid today
[09:15] {Threei} expecting shakeouts everywhere
[09:16] {dino} q? then why tight stops, go smaller wider imo
[09:17] {Threei} two ways to do it
[09:17] {Threei} one is what you suggest
[09:17] {Threei} another is to keep them tight and reenter
[09:17] {dino} ok
[09:17] {Threei} personal preference... mine is latter
[09:18] {Threei} you apply wider stops as a routine, it's mor of "your" way :)
[09:19] {dino} hl l clwr .45, stop .19
[09:21] {Threei} 1:1 CHKP
[09:21] {magoo} a swoosh down feels like coming
[09:22] {bruce} out .85 1 to 1
[09:22] {bruce} to nervous to stay in
[09:22] {dino} gj bruce
[09:22] {Threei} I will be the last person to throw stone at you bruce
[09:22] {bruce} thanks vad
[09:23] {bruce} small profit for day at thiks point
[09:23] {Threei} but when the line is up and I am the last person... I WILL throw it {G}
[09:23] {dino} bruce, any day up is a good day, imo
[09:24] {bruce} lookede like lots of resistnace at .90 on that play
[09:24] {bruce} worked ok though
[09:24] {bruce} was happy with 1 to 1
[09:25] {bruce} taking pup for walk lads
[09:25] {bruce} back in 20
[09:38] {Threei} market can easily stay in this zone for a while guys, don't push and be patient
[09:47] {Threei} magoo
[09:48] {Threei} you may be interested in BIDY here
[09:48] {Threei} long side
[09:48] {Threei} BIDU
[09:48] {magoo} i have an appt now, be back in 45 mins
[09:48] {Threei} k, I'll buy some for you
[09:53] {Threei} out +2
[09:53] {Threei} diapers change
[09:57] {dino} l hl fstr .60
[09:57] {esemde} Have a great day everyone...see you tomorrow...very special day for me tomorrow...and i'll tell you what it is tomorrow
[09:58] {Threei} take care ese... waiting for tomorrow :)
[09:58] {Roman} sex change?
[09:59] {Roman} sorry wrong window
[09:59] {dino} lol, take care ese
[10:00] {Roman} cool thing is you type something stupid and they i love to use this execuse....wrong window, sorry
[10:06] {dino} clwr stop to .75
[10:09] {Chaeron} just got back... geesh Roman LOL
[10:10] {bruce} brcm possible long now?
[10:11] {dino} ouch drys, should've held
[10:11] {Threei} if stays above .50...
[10:11] {bruce} k
[10:11] {Threei} I'd say, it's not something I would push for bruce, but it's a fair play
[10:12] {bruce} k- tryiong to minimize risk - better to wait for a better play?
[10:12] {dino} clwr stopped .75, +.30
[10:15] {Threei} I would
[10:15] {bruce} k - i have to break pattern of 50/50 win loss ratio
[10:15] {Threei} see, the proper way to play this kind of following is to get clear strong move by NQ while there is a little delay in your follower stock
[10:16] {Threei} NQ looks bullish right now but this kind of look failed more often last week than it worked
[10:16] {bruce} yes - had noticed dow going long and got me looking for longs
[10:16] {Threei} so taking position in aticipation is not my favorite idea of the play right now
[10:17] {Threei} anticipation entry is good when you have strong trend
[10:17] {Threei} not the case
[10:17] {Threei} see NQ spike
[10:17] {Threei} ?
[10:17] {bruce} k - makes sense to me
[10:17] {Threei} this is the moment when you can try and grab .56
[10:17] {Threei} if storn offer at .45 gets taken
[10:17] {Threei} strong
[10:17] {Threei} .49 stop
[10:20] {magoo} baclk
[10:26] {Threei} LULU... .50 break, smaaaaal shares
[10:29] {bruce} stopped brcm .48
[10:34] {magoo} PLUG interesting
[10:35] {magoo} l LULU
[10:35] {bruce} only 5k lulu?
[10:35] {Threei} 5K?
[10:35] {bruce} lol
[10:35] {magoo} half {2500}
[10:35] {Threei} {--- fainted
[10:36] {bruce} leave that for dino
[10:36] {dino} fstr stop to b/e/.60
[10:36] {dino} stopped flat
[10:40] {Threei} out +.40
[10:41] {Threei} magoo with his 2500 shares is less mobile {G}
[10:42] {magoo} waiting 55.452
[10:42] {bruce} didn't have nerve to play it today after watching breaks fial
[10:43] {bruce} initial stop would have been about 64 even?
[10:43] {Threei} 54.10
[10:43] {dino} asca hmmm
[10:43] {bruce} k
[10:43] {Threei} low of the last pullback
[10:44] {bruce} yup - see it now
[10:48] {magoo} long just now PLUG ..79
[10:51] {magoo} waiting .37
[10:51] {magoo} out
[10:51] {magoo} TY vad
[10:52] {Threei} welcome sir
[10:52] {magoo} LULU i meabn
[10:54] {magoo} oh shit....only got a partial fill out of 2300 sh
[10:54] {magoo} HE HE
[10:54] {magoo} NOT
[10:55] {Threei} lol
[10:57] {magoo} aapl short vad?
[10:57] {Threei} under 173...
[10:57] {Threei} I presonally will skip
[11:01] {magoo} i see why
[11:06] {magoo} any more read lulu vad
[11:09] {Threei} wanted to say "long on pullback to 55 earlier... but honestly, didn't have enough guts :)
[11:09] {magoo} vad replies..feels hiigher mags but won't be easy
[11:10] {Threei} look BIDU pullback
[11:10] {bruce} awfully big stop if you go long now
[11:17] {dino} hl l fstr .16
[11:17] {dino} last try
[11:17] {tomg} see y'all tomorrow, have a good day
[11:17] {magoo} bye tom
[11:17] {Threei} take care tom
[11:17] {bruce} bye tom
[11:18] {magoo} vad, now where is entry on pullbk LULU?
[11:18] {dino} later tom
[11:19] {Threei} around 55.50
[11:21] {magoo} not gonna get there
[11:21] {Threei} BIDU is 5 and half from where I tried to lure you in
[11:21] {Threei} LULU vertical
[11:22] {Threei} due to pullback
[11:23] {magoo} l;ets try to read it vcad...could go more
[11:23] {Threei} look at daily, magoo
[11:23] {Threei} double top
[11:23] {Threei} lower volume on second test
[11:23] {magoo} LULU?
[11:23] {Threei} yes
[11:24] {magoo} minute chart not shows that
[11:24] {Threei} very difficult to play break here, and as far as pullback entry goes, I would want really deep pullback
[11:24] {Threei} no, daily
[11:24] {Threei} not minute
[11:25] {magoo} k
[11:25] * magoo slaps LaserDave1 around a bit with a large trout
[11:25] {Threei} good idea
[11:25] * Threei slaps LaserDave1 around a bit with a large trout
[11:25] {LaserDave1} hey guys
[11:25] {LaserDave1} nice to see you as well
[11:26] {dino} trak
[11:26] {Threei} see magoo... we awaken best in people with that trout
[11:26] {LaserDave1} :)
[11:26] {LaserDave1} u know how much i luv the trouts
[11:27] {magoo} reall?
[11:27] * magoo slaps LaserDave1 around a bit with a large trout
[11:32] {Threei} LULU drops ever since due to pullback comment
[11:32] {Threei} I would become inetrested in long under 55.50
[11:33] {Threei} and if we go to 54 I would buy not even looking
[11:33] {dino} dwsn drop
[11:34] {magoo} to bad not avail to short vad
[11:37] {Threei} yeah
[11:37] {Threei} it's recent IPO
[11:37] {Threei} maybe not short inventory yet
[11:38] {Threei} a week or two ago I said BLDP is ripe for a move
[11:38] {Threei} I don't think what we see today is what I meant,
[11:38] {Threei} this is little bounce
[11:38] {magoo} LULU gettin there
[11:38] {Threei} but overall, keep this one in mind
[11:39] {Threei} once in a blue moon this one catches wind
[11:39] {Threei} one thing about LULU magoo:
[11:40] {Threei} it usually extends its moves a bit beyond what seems to be normal
[11:40] {magoo} yep..both directions
[11:40] {magoo} many times its gone way up past us
[11:40] {Threei} I mean, if 55.50 looks like good entry point on pullback, it's usually good idea to let it drop more
[11:42] {magoo} plug turned out to be a real butt plug
[11:44] {bruce} should we be looking short now?
[11:44] {magoo} no,, just look for winners bruce
[11:44] {Threei} overall, or you mean some particular stock?
[11:45] {bruce} overall strategy - looks like market is dowmticking to me
[11:45] {Threei} no indication eithwer way so far
[11:45] {bruce} k
[11:46] {Threei} sure down looks more probale... but how many times we already thought that today? :)
[11:46] {bruce} yeah - another tough day
[11:46] {magoo} three times vad
[11:46] {bruce} lulu pulled back to 55.5.
[11:47] {magoo} we're thinking lower bruce..alot
[11:47] {bruce} k
[11:47] {bruce} I don
[11:47] {magoo} scary one
[11:47] {Threei} I don't know about tough... worked like charm today
[11:47] {bruce} t see any reason personally to try longs at this point
[11:47] {magoo} it will drop off cliff
[11:47] {Threei} several very tight stops, several quite sizeable winners
[11:48] {Threei} I'll take it any day
[11:48] {bruce} I'm flat - caught swir but missed other bigt moves
[11:58] {dino} stopped fstr, done w/it
[12:15] {Threei} not really a day for momo plays with no news... otherwise SCON looks interesting
[12:28] {dino} hl l rimm .15 risky
[12:32] {bruce} whatwould stop be dino - 111.80 or so?
[12:33] {Threei} LULU held much better than expected magoo
[12:34] {magoo} yep
[12:34] {Threei} if this thing finishes about here and breaks 57 tomorrow, I'd say jump in for multipoint move
[12:34] {Threei} 10K of course
[12:34] {magoo} nah, 2500'
[12:34] {bruce} that all vad?
[12:34] {bruce} might as make make your profit for year in a day
[12:35] {Threei} lol
[12:35] {magoo} u watching AAPL after bell vad?
[12:35] {Threei} best way to get killed is to go for a kill
[12:35] {Threei} if I don't fall asleep
[12:35] {bruce} yup - not into that myself
[12:36] {dino} ctct
[12:36] {magoo} whenever i go for kill..i think i'll get killed..so i go oposite of kill for a killing
[12:36] {bruce} huh magoo?
[12:36] {bruce} lol
[12:36] * dino slaps cosmo around a bit with a large trout
[12:36] {Threei} I'll copy/paste that to study after hours
[12:36] {bruce} that for raven
[12:36] {Threei} needs a lot of ponedring, this nugget of wisdom
[12:37] {bruce} add some deep thought to chat
[12:37] {magoo} let me simplify
[12:37] {Threei} whole new dimension I'll say
[12:37] {bruce} geez vad - I'm jinxing your plays - the ones I don't take do great
[12:37] {Threei} don't mags
[12:38] {magoo} want kill, afraid of being jkilled, go opposite kill, make killing
[12:38] {Threei} allow us to think this is jusyt unachievable depth of wisdom
[12:38] * magoo slaps dino around a bit with a large trout
[12:38] {Threei} why, you took two of those that worked today
[12:38] {bruce} ah - so you decide to live?
[12:40] {bruce} yeah - didn't get beat up today vad - 50/50 for win lose again though
[12:40] {bruce} anway - calling it a day
[12:40] {bruce} take care al
[12:40] {bruce} see you in am
[12:40] {Threei} take care bruce
[12:41] {magoo} 57 vad
[12:41] {magoo} dam
[12:46] {dino} out rimm .66, +.50
[12:46] {markweb} gj
[12:47] {dino} bruce you take rimm?
[12:53] {dino} ty mark
[12:53] {dino} calling it a day, very good one for me, thx
[12:54] {Threei} good job dino
[12:54] {dino} had to make up for fridays overtrades
[12:56] {Threei} magoo... make sure please we don't forget about LULU tomorrow
[12:56] {magoo} oh i won't
[12:56] {magoo} on screen
[12:56] {Threei} my self-induced coma often comes with side dish of alzheimer
[12:56] {magoo} just wish it didn't take 58 already
[12:56] {Threei} yeah
[12:57] {magoo} remember earlier iu said goes farther
[12:57] {magoo} we keep getting out and not getting backl in
[12:57] {magoo} we miss 55.50 area
[12:57] {Threei} ah stop crying already :)
[12:58] {magoo} lets scalp AAPL a few times..long short 200 shares
[13:00] {Threei} those who don't wait for AAPL, thank you, have a good evening
[13:00] {Threei} see you tomorrow
[13:04] {dino} vsta up af, no news
[13:04] {dino} bad prints looks
[13:05] {dino} nflx, jdas
[13:06] {Threei} ZRAN
[13:06] {Threei} REPORTS Q3 $0.51 V $0.39E, R$146.4 V $138.5ME
[13:09] {magoo} AAPL out?
[13:09] {Threei} no
[13:10] {Threei} NFLX REPORTS Q3 $0.23 V $0.15E, R $294M V $286.5ME
[13:10] {Threei} - Q3 Churn 4.2% v 4.5%e
[13:10] {Threei} - Q3 gross margin 33.9%
[13:14] {Threei} wow NFLX, still trying
[13:15] {magoo} aapl out/ moving
[13:15] {magoo} ?
[13:15] {Threei} nope
[13:16] {magoo} what u think? pop...drop...pop
[13:16] {Threei} think?
[13:16] {Threei} I
[13:16] {Threei} ?
[13:26] {magoo} OUT?
[13:26] {Threei} I don't see anything
[13:27] {magoo} its moving
[13:28] {Threei} I see it but no numbers still
[13:28] {Threei} back where it started
[13:29] {Threei} just speculation by impatient
[13:30] {Threei} REPORTS Q4 $1.01 V $0.86E, R$ V $6.07BE
[13:30] {Threei} - Mac shipments: v 2Me
[13:30] {Threei} - iPod shipments: v 10.8Me
[13:30] {Threei} - iPhone shipments: v 1.05Me
[13:30] {Threei} {QQQQ}
[13:32] {Threei} - Guides Q1 $1.42 v $1.39e
[13:36] {magoo} system froze on it
[13:36] {Threei} OK here
[13:36] {Threei} nned quotes?
[13:36] {magoo} i know, mine can't handle those
[13:38] {magoo} i think its our dsl line
[13:38] {magoo} uctt
[13:41] {magoo} got a read on AAPL?
[13:42] {dptl} have a good evening ......see ya tomorrow
[13:42] {Threei} take care dp
[13:42] {Threei} 184 coming
[13:42] {Threei} but don't hold me to it
[13:43] {Threei} there
[13:45] {magoo} yep
[13:46] {Threei} I am done
[13:46] {Threei} have a good evening, see you tomorrow
[13:47] {magoo} ok boss, ty
[19:00] *** Disconnected
Session Close: Mon Oct 22 19:00:11 2007