November 1, 2007
Session Start: Thu Nov 01 00:00:01 2007
Session Time: Thu Nov 01 00:00:01 2007
[05:27] {bruce} morning all
[05:28] {Threei} morning bruce
[05:41] {esemde} morning Bruce Vad
[05:43] {Threei} ese :)
[05:43] {esemde} Got rid of the rest of ESLR yesterday Vad at 11.96 +.47 or something
[05:43] {Threei} wtg
[05:43] {Threei} great trade
[05:44] {esemde} yes....it took that one last push up there....
[05:44] {bruce} hi ese - congrats ontrade
[05:44] {Threei} ESLR showed somewhat unusual for it pattern yesterday
[05:45] {Threei} usually this one trades on its own merit, not much to do with market
[05:45] {esemde} yes ....
[05:45] {Threei} but yesterday it went up big when market did
[05:45] {Threei} maybe it becomes more of a mainstream stock
[05:46] {esemde} hmmmm....i have been following the solar group for awhile like Roman has
[05:46] {esemde} maybe the whole group is about to go.....
[05:47] {Threei} quite possible, they showed some perkiness lately
[05:47] {Threei} just need mania to catch on
[05:48] {Threei} when mania hits nothing matters... any name in the sector goes
[05:48] {Threei} when mania ends nothing helps... no matter how great company is, interest just vanes
[05:48] {Threei} look at most recent mania, chinese stocks
[05:49] {Threei} while they are hot everyone discusses "this one is good company, this one is even better"
[05:49] {esemde} yes indeed
[05:49] {Threei} then for this or that reason sector chilles out
[05:49] {Threei} and no matter what, there is just no money flowing into them
[05:50] {bruce} how do you track stocks by sectors guys- is it all done by memory?
[05:50] {Threei} that's the problem with fundamental approach... it's based on assumption that good one will catch on sooner or later
[05:51] {Threei} but it just has no tools to gauge the interest
[05:52] {Threei} there are sites that give you stock breakdown by sectors and industries bruce
[05:52] {Threei} list competitors etc
[05:52] {Threei} don't have them on top of my memeory but they are legion
[05:52] {Threei} yahoo financials should have it
[05:52] {bruce} have seen some vad - yahoo and msn money among them
[05:52] {Threei} nasdaq site
[05:52] {Threei} and a lot of ot others
[05:53] {bruce} dont have time during real time trading to be sorting thru them
[05:53] {bruce} would be nice to have some way to scan for hottest - weakest daily sector
[05:53] {bruce} then identify top 3 strong and weak in each
[05:54] {Threei} yeah, I am often done with the gtrade before thoughtful trader finds out what sector stock in :)
[05:54] {Threei} there is something like that too
[05:54] {cosmo} UTHR
[05:54] {Threei} I remember sites with "market temperature" or something like that
[05:54] {Threei} broken down by sectors
[05:54] {cosmo} "heat map"
[05:54] {Threei} and stocks in them
[05:55] {bruce} k - havenb't seen that - but sounds like goodidea
[05:55] {Threei} showing just what you said
[05:55] {bruce} I do a bit of sector trading - financials, internet etc
[05:56] {bruce} but comes down to looking at sector chart to compare them
[05:56] {bruce} and then memorizing a few keyu stocks in that sector
[05:57] {esemde} what cos said heat amp...heat map
[05:57] {bruce} yeah - heat map - have heard that description used
[05:57] {Threei} http://www.smartmoney.com/marketmap/
[05:57] {cosmo} http://screening.nasdaq.com/heatmaps/heatmap_100.asp
[05:57] {Threei} there you go
[05:57] {cosmo} "
[05:58] {bruce} k
[05:58] {bruce} not something you use yourself vad?
[05:58] {Threei} I am just too lazy
[05:58] {Threei} but it can be useful
[05:58] {bruce} lol
[05:59] {bruce} important thing is to have a working trading method
[05:59] {bruce} and yous already works for you
[05:59] {Threei} not only secotrs but also hottest and weakest stock in each sector
[05:59] {Threei} at this smartmoney map
[05:59] {bruce} yes - have been looking for something like that
[06:00] {bruce} also rememeber you talking about a strategy of trading leaders and lagards
[06:00] {bruce} trading a laggard after leader has taken a certain acdtion
[06:00] {bruce} bet that would work well with sector trading style
[06:00] {esemde} that NAS heap map only updates every couple of minutes or so doesn't it.....it's not real time i don't think
[06:01] {bruce} would think that is good enough ese
[06:01] {bruce} I think money tends to flow into particular sectors all day long once started
[06:02] {Threei} click on any stock, a lot of info pops up
[06:02] {esemde} not for Vads style or trading.......
[06:02] {Threei} research top your heart conent
[06:02] {bruce} have heard thqat "sector rotations" are faster now though
[06:02] {bruce} used to last for months
[06:03] {bruce} or so I read
[06:03] {bruce} didn't trade in 90s so don
[06:03] {bruce} t know
[06:05] {bruce} we don't seem to be getting a lot of stock follow through lately vad
[06:06] {bruce} a lot of the partial out trades dont trade further on second half
[06:06] {Threei} gosh, haven't you seen what NQ did last two weeks? :)
[06:06] {Threei} what follow through, it's been such a rollercoaster
[06:06] {bruce} even though you are trading strngest movers for that time and eday
[06:06] {bruce} seems odd
[06:07] {dptl} good morning all
[06:07] {Threei} dp :)
[06:08] {dino} gm all
[06:08] {esemde} dp dino
[06:08] {Threei} dino :)
[06:09] {bruce} hi dino
[06:09] {bruce} dp
[06:09] {bruce} big dump crox dino
[06:09] {esemde} how you doin today dino.... seemed like a bit of a rough day fro you yesterday
[06:10] {dino} fine, yesterday was very good for me over 2x's daily
[06:11] {dino} tuesday was tough, but still green
[06:11] {esemde} excellent......
[06:12] {dino} will be watching crox bruce, thx
[06:12] {cosmo} there's green on the far side of the hill...they say
[06:12] {dino} :)\
[06:12] {esemde} does anyone know much about warrants.....are they a positive or negative thing.....CPSL just issued a wach of them....usually institutions will want to drive up stock after they acquire them....correct?
[06:13] {esemde} Thats "wack"
[06:14] {esemde} might be a capitulation thing going on in CPSL....
[06:14] {markweb} gm all
[06:14] {Threei} mark :)
[06:14] {esemde} mark
[06:14] {markweb} :)
[06:15] {cosmo} China Precision Steel Announces $47.9 Million Financing
[06:15] {cosmo} PR Newswire (Thu 12:05am)
[06:16] {esemde} saw the news wire....just wondering if it's positive or negative thing...
[06:16] {cosmo} negative.... i think
[06:16] {esemde} have been following this one for a bit
[06:16] {bruce} hello mark
[06:17] {esemde} if the strike price is 8.45 they are going to want to drive the price up beyond that ....correct
[06:18] {esemde} wash out going today i think...
[06:18] {cosmo} ... nice knife
[06:19] {esemde} knife
[06:19] {esemde} ?
[06:19] {cosmo} the falling kind
[06:19] {cosmo} here...catch
[06:20] {cosmo} CPSL needs to hold 7
[06:20] {cosmo} i think
[06:20] {esemde} thats wheree the 50ma is
[06:25] {dino} cosmo, forver the teacher
[06:25] {esemde} man after my own heart
[06:26] {cosmo} "for ever"?
[06:26] {cosmo} CPSL tests
[06:30] {cosmo} hmm... nice knife still...
[06:30] {cosmo} who knows...
[06:31] {cosmo} 6.66
[06:32] {dino} pdgi
[06:33] {bruce} uthr
[06:34] {dino} pdgi hl s .75, stop .16
[06:35] {magoo} hi
[06:37] {Threei} magoo :)
[06:37] {bruce} morning mags
[06:37] {Threei} watching JNPR
[06:37] {Threei} how it handles this NQ pullback
[06:37] {Threei} if stays above .85, break is long
[06:38] {dino} bstop to .21
[06:38] {bruce} nice call pdgi dino - missed it
[06:38] {dino} to .01
[06:39] {dino} to .55
[06:39] {Threei} prefer aggressive entry on JNPR now, with NQ showing reversal
[06:39] {dino} stopped 36.54 +1.21
[06:40] {dino} ty bruce
[06:40] {Threei} in
[06:41] {Threei} tight stop, .74
[06:41] {dino} need coffee
[06:43] {bruce} stopped jnpr
[06:44] {Threei} nice shake
[06:45] {bruce} - yes - story of my life
[06:45] {bruce} worth second try?
[06:46] {dino} going down hard -222 dow
[06:46] {dino} where's my bounce
[06:46] {Threei} with NQ so jerky right now, no
[06:46] {dino} feels like 300 down coming
[06:46] {Threei} 8 points in one minute
[06:47] {dino} sitting for a bit
[06:52] {dino} plxs
[06:53] {Threei} POZN 10 break long
[06:54] {dino} sm l crox 54.00
[06:55] {Roman} ESLR
[06:55] {Roman} interesting
[06:56] {Threei} you missed all the excitment on it yesterday
[06:56] {dptl} Vad,quote server?pls
[06:56] {dino} stoped crox -.44
[06:56] {Threei} 2
[06:56] {dptl} ty
[06:57] {bruce} seeing moreshort drops than working long bounces lately dino
[06:57] {Threei} don't like this sharp red on POZN
[06:58] {bruce} I waited for 10 resitance on pozn to "emlt"
[06:58] {bruce} good thing
[06:59] {Roman} MALL
[06:59] {Threei} of course... there was big resistance, no point in being first to buy
[06:59] {Roman} MALL reported earnings a few days ago
[07:00] {Roman} i am watching this one for complete tear up over $20
[07:00] {Roman} but slow
[07:00] {Threei} OCT ISM MANUFACTURING: 50.9 V 51.5E; PRICES PAID: 63 V 63.0E
[07:05] {Threei} ATHR
[07:06] {Threei} half lot to smaller, .50 break long
[07:06] {Threei} .29 stop
[07:08] {esemde} bstop CPSL 6.85....
[07:08] {dino} cpla
[07:08] {dino} thin
[07:08] {Threei} if sets up, 36 shouldn't be a problem
[07:09] {Threei} charts are ideal in all timeframes
[07:10] {Threei} if sets up from here, stop .35
[07:14] {Roman} XRAY
[07:14] {Roman} stong
[07:14] {Roman} and WOOF
[07:15] {Threei} TQNT?
[07:17] {Threei} no news that I see
[07:17] {Roman} CSIQ strong
[07:19] {dino} cpla hl s .60
[07:21] {Roman} vad, what's up with Canadian Solar: CSIQ, give some insight please
[07:21] {Threei} consider please that I found about it being canadian 5 seconds ago, from you
[07:23] {Roman} WATG continues
[07:23] {dino} cpla stopped ouch
[07:23] {dptl} Vad, is your quotes ok?
[07:24] {Threei} looks fine
[07:24] {Roman} GNBT
[07:24] {Threei} unless I have delays I am not aware about... let's compare?
[07:24] {dptl} i have stack quotes everywhere
[07:24] {Threei} name the stock
[07:24] {dptl} well check jnpr
[07:25] {Threei} 09:15am [GNBT] Receives Regulatory Approval to Sell Generex Oral-lyn in India
[07:25] {Threei} 35.17 x .19
[07:25] {Threei} .18 x .20
[07:25] {Threei} .21 x.22
[07:25] {Threei} looks fine
[07:25] {bruce} cpla stop dino?
[07:26] {Threei} yours different dp?
[07:26] {Roman} DRYS bouncing
[07:26] {Roman} QMAR & EGLE could go with it
[07:26] {dino} bruce see above 10:24
[07:26] {dino} right through me -.55
[07:26] {dptl} offers fine but bits i have stacked like all the way from 35.65
[07:27] {dptl} bids
[07:27] {Threei} wierd... nothing like that here
[07:27] {bruce} k - din't play it - it didn't give you much chance for decent exit
[07:27] {dino} drys positive, watch egle ocnf tbsi
[07:28] {dino} egle l .96 hl
[07:28] {dptl} changing quote server and its the same
[07:28] {dino} cpla too gappy, my own damn fault
[07:29] {Threei} wow GNBT
[07:29] {Threei} last time it moved like that was in June
[07:29] {dptl} what quote server now,Vad?
[07:30] {Threei} 4
[07:30] {Threei} dp, try this
[07:30] {Threei} trade settings,
[07:30] {Threei} Level II,
[07:30] {Threei} Time treshold,
[07:30] {Threei} set to 0
[07:30] {Threei} EIA NATURAL GAS INVENTORIES: 66+ BCF VS. + 50 TO +55 BCF EXPECTED RANGE
[07:30] {Roman} nice buying on GNBT
[07:31] {dino} india approval gnbt
[07:31] {Roman} they probably want to pop it higher
[07:31] {Threei} [10:25] {Threei} 09:15am [GNBT] Receives Regulatory Approval to Sell Generex Oral-lyn in India
[07:31] {dino} cpla sheesh, sould've held
[07:31] {Roman} [10:31] {Threei} [10:25] {Threei} 09:15am [GNBT] Receives Regulatory Approval to Sell Generex Oral-lyn in India
[07:31] {Threei} [10:31] {Roman} [10:31] {Threei} [10:25] {Threei} 09:15am [GNBT] Receives Regulatory Approval to Sell Generex Oral-lyn in India
[07:31] {Roman} tempting to do it again :)
[07:31] {Threei} lol
[07:32] {Roman} but since this log is made public i have to chill
[07:33] {dptl} no....still the same
[07:33] {Roman} http://www.realitytrader.com/tradinglog/
[07:33] {Roman} the log is avaiable public, Vad has Google ads on there too
[07:33] {Roman} feel free to browse
[07:33] {Threei} something must be wrong somewhere in settings dp... not sure what it is
[07:34] {Threei} laserdave is away for a few days, death in family...
[07:34] {markweb} ATHR vad?
[07:34] {Threei} when he is back, make him track down the setting
[07:34] {dptl} and i have that everywhere and too often
[07:35] {Threei} mark, break of .50 is extremely lucrative... pullback was deeper than I would have liked
[07:35] {Roman} CSUN high
[07:35] {markweb} ty
[07:35] {Threei} so maybe widen the stop, decrease tha shares
[07:36] {Roman} long GOLD small
[07:36] {Threei} if often then even more chance that some setting is off dp
[07:36] {Roman} 36.10
[07:36] {Threei} because when it happens for everyone, it's a big deal and being addressed quickly
[07:37] {dino} any egle takers?
[07:37] {Roman} i am in QMAR
[07:37] {markweb} no:( dino
[07:37] {dino} stop to .24
[07:37] {dino} don't blame you, i went cold on two
[07:38] {dino} egle to .35
[07:38] {dino} out egle .38., +.40
[07:39] {dino} taking a break
[07:39] {bruce} nice dino
[07:42] {Roman} out 1/2 QMAR +.30
[07:43] {Threei} trigger ATHR
[07:47] {dino} ty bruce
[07:47] {Roman} out GOLD +34
[07:47] {dino} back in black at least
[07:47] {dino} wow egle
[07:47] {dino} wow drys
[07:49] {dino} hl l ocnf .50
[07:52] {Threei} move already ATHR
[07:53] {Threei} you have 36 to hit, and we don't have 5 years to wait
[07:53] {Threei} heck, I'll be surprized if we can hold it for more than 5 min {G}
[07:54] {dino} out ocnf .70, +.20
[07:57] {dino} ralllly monkey
[07:58] {markweb} any in SOHU?
[07:59] {dino} solars spiking
[08:03] {Threei} JASO
[08:03] {Threei} long on pullback, as close to 59 as possible
[08:04] {Threei} small shares, volatile one
[08:04] {Threei} what's with GLBL
[08:06] {dino} mflo
[08:06] {dptl} found problem
[08:06] {Threei} you had no computer?
[08:06] {dptl} lol
[08:07] {dptl} auto correction was uncheked
[08:07] {dino} mflo s partial fill .55
[08:07] {Threei} there you go
[08:07] {Threei} you had no computer was my next suggestion
[08:08] {Threei} in JASO
[08:08] {Threei} stop under .80
[08:08] {Threei} smallish shares
[08:08] {dino} darn partials, i'd be out otherwise
[08:09] {Threei} if this entry fails, next level to watch is 58.50
[08:13] {Threei} half out +.40
[08:13] {Threei} scalpers get out
[08:19] {dino} gj
[08:19] {Threei} ty
[08:21] {Threei} stop just under 59 for balance
[08:22] {dino} ilmn
[08:27] {Threei} vague feeling is, NQ prepares for new rally
[08:28] {Threei} if holding above 2230 and tags 37, should go back to 50 and above
[08:30] {esemde} have a great day everyone....still have my bstop in CPSL6,85...we'll see what happens there the rest of the day....take care
[08:31] {Threei} take care ese
[08:31] {bruce} bye ese
[08:32] {bruce} ilmn s dino?
[08:33] {dino} cya ese
[08:35] {dino} vsat
[08:37] {cosmo} pozn test
[08:37] {cosmo} 10
[08:38] {dino} bruce, ilmn, didn't go up enough for short, like 2.50ish
[08:38] {bruce} k- wasn't sure if it was oversold enough - thanx
[08:41] {dino} all imo
[08:41] {dino} which isn't worth anything
[08:43] {Threei} SAUDI ARABIA: SAYS GULF STATES WILLING TO FORM A CONSORTIUM TO PROVIDE ENRICHED URANIUM TO IRAN
[08:45] {dino} sbac
[08:49] {bruce} grmn hit 100
[08:50] {Threei} SCON
[08:50] {Threei} worth a try for bounce
[08:50] {Threei} stop under .60
[08:50] {ramvfin2003} here?
[08:50] {Threei} yeah
[08:51] {Threei} scalp only most likely
[08:51] {Threei} quite e retreat from high 3 days ago
[09:04] {Threei} 1:1
[09:05] {Threei} out .94
[09:05] {Threei} that was easy... stress-free trade
[09:07] {Threei} no takers?
[09:07] {ramvfin2003} +.19
[09:07] {Threei} :)
[09:11] {bruce} nice play vad - didn't take that one
[09:11] {dino} mflo bstop to .30
[09:11] {Threei} you just don't like stress-free trading
[09:12] {bruce} lol
[09:12] {bruce} maybe thats it
[09:13] {Threei} I overheard you grumbling "where does he gets off suggesting trades with no adrenalin influx"
[09:13] {bruce} oh - that was dino
[09:13] {Threei} magoo rather
[09:14] {bruce} maybe ram?
[09:14] * magoo slaps Threei around a bit with a large trout
[09:14] {Threei} oops
[09:14] {Threei} I thought you were sleeping
[09:14] {bruce} actually - trading is pretty stressful for me
[09:14] {magoo} well i can't do anything else but sleep
[09:14] {bruce} pretty tired end of day most days
[09:15] {Threei} it doesn't have to be
[09:16] {cosmo} it can be like a game of cards.... with the guys....
[09:16] {cosmo} coffee of course
[09:17] {bruce} thats the way I look at it cosmo - just do best you can anfd take what comes
[09:19] {dino} probabilities bruce, so expect to be wrong at times, don't let the wrong ones bother you
[09:20] {bruce} understood dino
[09:20] {bruce} my challenge is I've been losing for a long time
[09:20] {dino} try to have fun w/it
[09:20] {bruce} just small amounts
[09:20] {bruce} but consistent
[09:21] {dino} we missed vsat bounce
[09:22] {cosmo} pozn 10 again
[09:23] {dino} mflo stopped +.25 on partial
[09:23] {ramvfin2003} is POZN still on play?
[09:24] {bruce} pozn looks like a long to me - any read vad?
[09:25] {cosmo} i wish it was the last hour instead of lunch time ...
[09:25] {cosmo} for pozn
[09:26] {Threei} 10 break certainly worth a try
[09:27] {ramvfin2003} in .01
[09:28] {cosmo} lunch hour just isn't what it used to be
[09:28] {ramvfin2003} target vad?
[09:29] {dino} thats' cause magoo didn't buy your lunch
[09:29] {dino} cpla, wheres the top
[09:29] {Threei} no idea... breakouts rarely have targets
[09:30] {Threei} place stop and play by usual rules
[09:30] {dino} ravn getting hurt today
[09:33] {Threei} FRPT 18 melting long
[09:34] {Threei} invalidated
[09:38] {bruce} any read grmn vad - bpunce from 100 has been pretty weak so far
[09:39] {Threei} no... not my domain
[09:39] {bruce} k
[09:44] {dino} cpla spike
[09:45] {Threei} 1:1 POZN
[09:45] {Threei} 1P2
[09:45] {Threei} 1:2
[09:45] {Threei} oh news
[09:46] {Threei} ANNOUNCES TREXIMA AMENDED RESPONSE ACCEPTED FOR REVIEW BY FDA-
[09:46] {Threei} cool beans
[09:46] {Threei} nice to be in BEFORE the news hit
[09:46] {Threei} me out
[09:46] {ramvfin2003} out +.23
[09:47] {Threei} see... no stress
[09:47] {dino} brb
[09:47] {dino} gj ram
[09:47] {Threei} bruce?
[09:48] {bruce} thats me
[09:48] {Threei} you played?
[09:48] {bruce} no
[09:49] {Threei} [12:24] {bruce} pozn looks like a long to me - any read vad?
[09:49] {Threei} you asked just out of sheer curiosity?? :)
[09:50] {bruce} nope -considered it
[09:51] {bruce} didn't look like much volume on 10 break to me
[09:51] {bruce} glad it woked for you
[09:51] {Threei} was enough volume to chew through all those offers...
[09:51] {Threei} you really overthink it
[09:51] {Threei} setup is there, risk is defined, it triggers - get it
[09:52] {Roman} been watching WM options
[09:52] {Threei} brain has not much involvement in correct trading... it's eye-finger
[09:52] {Roman} it looks like there is some positive feel for a bounce here
[09:52] {Threei} see setup, recognize setup, play setup
[09:52] {Threei} leave it to market to tell you whcih it is, win or loss
[09:52] {Roman} in full size WM 25.85 area
[09:53] {Roman} swing trade
[10:01] {dino} ande
[10:01] {Threei} bruce... here is my impression
[10:02] {Threei} you have pretty much all the knowledge you need at this point,
[10:02] {Threei} what you really need is not more knowledge
[10:02] {Threei} it's a skill to implement what you know,
[10:02] {Threei} shape it up by triming off unneeded fat
[10:02] {Threei} and leaving only what is necessary
[10:03] {dino} 1/4 cpla s .90
[10:03] {Threei} In other words, you need procedure
[10:03] {bruce} thanx vad
[10:03] {Threei} standard practice that will determine tyour course of action
[10:03] {bruce} I need either more wins percentage wiwse
[10:03] {bruce} or bigger wins
[10:04] {Threei} that's outcome
[10:04] {Threei} to get there you need a procedure that will lead to that outcome
[10:04] {Threei} you put in too much discretion
[10:04] {Threei} trying to ;pick only winning trades
[10:04] {Threei} weed out those that you don't think will work
[10:04] {Threei} this is wrong approach
[10:05] {Threei} you are trying tyo outsmart market
[10:05] {Threei} but market has no smartness to begin with
[10:05] {Threei} it has ebb and flow
[10:05] {Threei} and it's odds, not certainy
[10:06] {Threei} trying to sort it out to have winning trades only youy violate the very principle on which market is based
[10:07] {Chaeron} 13:06 11/01 *DJ Office Depot Raised To Overweight From Neutral By JP
[10:07] {Chaeron} ODP
[10:10] {dino} i guess ande won't fill me at 43.68
[10:11] {ramvfin2003} CROX as ugly as its shoes today
[10:11] {dino} lol
[10:11] {Threei} I don't like pushing my products but sheesh, this is the cheapest one, and this is exactly what you need... so let me reiterate strong buy recommendation on Market Profit Plan
[10:12] {bruce} k vad - I hear you
[10:12] {bruce} off for a break guys
[10:12] {bruce} back in 30
[10:12] {Threei} you don't find it useful - return it
[10:13] {Threei} and I promise you it won't happen
[10:20] {dino} amzn
[10:40] {dino} leap
[10:40] {dino} \merger not happening
[10:43] {Threei} halted?
[10:43] {dino} y
[10:47] {markweb} GXDX news?
[10:47] {dino} cov half cpla .35, +.55
[10:47] {Threei} 10/30/07 10:00am [GXDX] IPO opens for trading at $25
[10:48] {markweb} ty
[10:48] {Threei} 10/29/07 07:38pm [GXDX] Prices 5M share IPO at $17/share and above the $14-$16/share initial pricing range
[10:50] {Threei} quite dull trading for IPO
[10:50] {dino} tough tp ipo on down big day
[10:52] {Roman} CROX is really taking a serious hit
[10:53] {Chaeron} {ramvfin2003} CROX as ugly as its shoes today {{{ best line of the day
[10:53] {Roman} someone bought yesterday at $75 just logging in to see 35% cut
[10:53] {Roman} that hurts
[10:53] {Threei} {CROX} I want second opinion
[10:54] {Threei} {Chaeron} second opinion? ok, you are stupid too
[10:54] {Chaeron} lol... get out of my mind!!!!!!!!!!!!!
[10:54] {dino} cov other cpla at .10, +.80
[10:55] {dino} opps only 1/2 of remaining at .10
[10:56] {dino} not sure what happened as bid went below me by .20
[10:56] {dino} guess i should talk to chuck
[10:56] {Roman} good one dino :)
[10:57] {dino} ty rfr
[10:57] {dino} coming up on my 300 down
[10:57] {dino} dow
[10:57] {dino} grmn bit of capit
[10:58] {Roman} look at the volume on SPY & QQQQ
[10:58] {Roman} this is freaky
[10:59] {dino} ok cov all cpla
[10:59] {dino} .10
[10:59] {Chaeron} we're going to zero Roman
[10:59] {Roman} :)
[10:59] {Chaeron} hmmm can we go negative? :)
[11:00] {Threei} on volume?
[11:00] {Threei} kind of, if you buy stock they actually put you short, and when you sell they award you shares... then maybe
[11:00] {dino} end of the world
[11:00] {Threei} contemplate this :)
[11:01] {dino} riddle me that
[11:02] {dino} plxs not paying attn to mkt
[11:02] {Roman} RATE nice reversal off the lows
[11:03] {dino} y
[11:15] {dino} hl l ravn .75, stop lod
[11:38] {dino} ravn stop to .25
[11:38] {Threei} BEAS saga continues
[11:38] {Threei} SUED BY INVESTOR ON BEHALF OF ALL PUBLIC HOLDERS ON DUTY VIOLATION ON ORCL OFFER - WIRE HEADLINE
[11:38] {Threei} - Note: Icahn also sued Co last week over annual meeting
[11:38] {dino} out .17, +.42
[11:39] {dino} rinse job on stop
[12:00] {dino} back in 10
[12:03] {Threei} CLWR
[12:04] {Threei} no news that I see
[12:04] {Threei} what the
[12:06] {bruce} nvda
[12:10] {dino} intl takeover rumor
[12:10] {dino} intel
[12:10] {dino} for nvda
[12:10] {Threei} CLWR nonstop
[12:15] {magoo} goodnoite all, outta here
[12:15] {Threei} take care magoo
[12:16] {bruce} night mags
[12:24] {dino} down 300
[12:28] {Threei} bounce time
[12:29] {dino} edac
[12:31] {dptl} is that volume spike gives you clue on bounce,Vad?
[12:32] {Threei} volume, extension of selling
[12:34] {dptl} ty,just cheking if i am looking at the same things
[12:34] {Threei} if not losing 2215 anymore, should show nice bounce
[12:35] {dptl} yep
[12:36] {bruce} any stocks in mind to play revrsal on vad?
[12:36] {Threei} QID
[12:36] {Threei} short
[12:37] {bruce} here - withstop to 06?
[12:37] {Threei} stop if NQ loses 2215
[12:38] {dino} why not the qld l
[12:39] {dino} QLD
[12:40] {Threei} ?
[12:41] {dino} opposit of qid is qld, so go long qld , just asking
[12:41] {Threei} I don't see correlation on chart
[12:41] {Threei} you sure about that?
[12:42] {dino} 2x long the qqqq
[12:43] {Threei} oh, looked at wrong chart
[12:43] {Threei} yeah, it would work
[12:44] {dino} just esier, imo, up mkt go l qld, down go long qid
[12:46] {Threei} a lot of nervousness
[12:46] {dino} partial fill l midd .75
[12:52] {bruce} down she goes
[12:52] {Threei} yeah
[12:52] {Threei} pathetic bounce
[12:52] {Threei} not even 5 points
[12:59] {Roman} good evening guys
[12:59] {Threei} thank you all
[12:59] {Threei} have a good evening
[12:59] {Threei} see you tomorrow for the nervous end of nervous week
[12:59] {dino} stopped midd .67, -.08
[13:00] {bruce} nigt vad
[13:00] {bruce} nice tight stop dino
[13:00] {dptl} see ya tomorrow all....have a good evening
[13:00] {dino} thx. calling it a day, pretty good one overall
[13:00] {bruce} 7c is great - especially with the reward potentail
[13:00] {dino} magooooo get me a brew
[13:00] {bruce} night all
[13:01] {dino} gn all, back tomorrow, scalp day
Session Close: Fri Nov 02 00:10:57 2007
Session Time: Thu Nov 01 00:00:01 2007
[05:27] {bruce} morning all
[05:28] {Threei} morning bruce
[05:41] {esemde} morning Bruce Vad
[05:43] {Threei} ese :)
[05:43] {esemde} Got rid of the rest of ESLR yesterday Vad at 11.96 +.47 or something
[05:43] {Threei} wtg
[05:43] {Threei} great trade
[05:44] {esemde} yes....it took that one last push up there....
[05:44] {bruce} hi ese - congrats ontrade
[05:44] {Threei} ESLR showed somewhat unusual for it pattern yesterday
[05:45] {Threei} usually this one trades on its own merit, not much to do with market
[05:45] {esemde} yes ....
[05:45] {Threei} but yesterday it went up big when market did
[05:45] {Threei} maybe it becomes more of a mainstream stock
[05:46] {esemde} hmmmm....i have been following the solar group for awhile like Roman has
[05:46] {esemde} maybe the whole group is about to go.....
[05:47] {Threei} quite possible, they showed some perkiness lately
[05:47] {Threei} just need mania to catch on
[05:48] {Threei} when mania hits nothing matters... any name in the sector goes
[05:48] {Threei} when mania ends nothing helps... no matter how great company is, interest just vanes
[05:48] {Threei} look at most recent mania, chinese stocks
[05:49] {Threei} while they are hot everyone discusses "this one is good company, this one is even better"
[05:49] {esemde} yes indeed
[05:49] {Threei} then for this or that reason sector chilles out
[05:49] {Threei} and no matter what, there is just no money flowing into them
[05:50] {bruce} how do you track stocks by sectors guys- is it all done by memory?
[05:50] {Threei} that's the problem with fundamental approach... it's based on assumption that good one will catch on sooner or later
[05:51] {Threei} but it just has no tools to gauge the interest
[05:52] {Threei} there are sites that give you stock breakdown by sectors and industries bruce
[05:52] {Threei} list competitors etc
[05:52] {Threei} don't have them on top of my memeory but they are legion
[05:52] {Threei} yahoo financials should have it
[05:52] {bruce} have seen some vad - yahoo and msn money among them
[05:52] {Threei} nasdaq site
[05:52] {Threei} and a lot of ot others
[05:53] {bruce} dont have time during real time trading to be sorting thru them
[05:53] {bruce} would be nice to have some way to scan for hottest - weakest daily sector
[05:53] {bruce} then identify top 3 strong and weak in each
[05:54] {Threei} yeah, I am often done with the gtrade before thoughtful trader finds out what sector stock in :)
[05:54] {Threei} there is something like that too
[05:54] {cosmo} UTHR
[05:54] {Threei} I remember sites with "market temperature" or something like that
[05:54] {Threei} broken down by sectors
[05:54] {cosmo} "heat map"
[05:54] {Threei} and stocks in them
[05:55] {bruce} k - havenb't seen that - but sounds like goodidea
[05:55] {Threei} showing just what you said
[05:55] {bruce} I do a bit of sector trading - financials, internet etc
[05:56] {bruce} but comes down to looking at sector chart to compare them
[05:56] {bruce} and then memorizing a few keyu stocks in that sector
[05:57] {esemde} what cos said heat amp...heat map
[05:57] {bruce} yeah - heat map - have heard that description used
[05:57] {Threei} http://www.smartmoney.com/marketmap/
[05:57] {cosmo} http://screening.nasdaq.com/heatmaps/heatmap_100.asp
[05:57] {Threei} there you go
[05:57] {cosmo} "
[05:58] {bruce} k
[05:58] {bruce} not something you use yourself vad?
[05:58] {Threei} I am just too lazy
[05:58] {Threei} but it can be useful
[05:58] {bruce} lol
[05:59] {bruce} important thing is to have a working trading method
[05:59] {bruce} and yous already works for you
[05:59] {Threei} not only secotrs but also hottest and weakest stock in each sector
[05:59] {Threei} at this smartmoney map
[05:59] {bruce} yes - have been looking for something like that
[06:00] {bruce} also rememeber you talking about a strategy of trading leaders and lagards
[06:00] {bruce} trading a laggard after leader has taken a certain acdtion
[06:00] {bruce} bet that would work well with sector trading style
[06:00] {esemde} that NAS heap map only updates every couple of minutes or so doesn't it.....it's not real time i don't think
[06:01] {bruce} would think that is good enough ese
[06:01] {bruce} I think money tends to flow into particular sectors all day long once started
[06:02] {Threei} click on any stock, a lot of info pops up
[06:02] {esemde} not for Vads style or trading.......
[06:02] {Threei} research top your heart conent
[06:02] {bruce} have heard thqat "sector rotations" are faster now though
[06:02] {bruce} used to last for months
[06:03] {bruce} or so I read
[06:03] {bruce} didn't trade in 90s so don
[06:03] {bruce} t know
[06:05] {bruce} we don't seem to be getting a lot of stock follow through lately vad
[06:06] {bruce} a lot of the partial out trades dont trade further on second half
[06:06] {Threei} gosh, haven't you seen what NQ did last two weeks? :)
[06:06] {Threei} what follow through, it's been such a rollercoaster
[06:06] {bruce} even though you are trading strngest movers for that time and eday
[06:06] {bruce} seems odd
[06:07] {dptl} good morning all
[06:07] {Threei} dp :)
[06:08] {dino} gm all
[06:08] {esemde} dp dino
[06:08] {Threei} dino :)
[06:09] {bruce} hi dino
[06:09] {bruce} dp
[06:09] {bruce} big dump crox dino
[06:09] {esemde} how you doin today dino.... seemed like a bit of a rough day fro you yesterday
[06:10] {dino} fine, yesterday was very good for me over 2x's daily
[06:11] {dino} tuesday was tough, but still green
[06:11] {esemde} excellent......
[06:12] {dino} will be watching crox bruce, thx
[06:12] {cosmo} there's green on the far side of the hill...they say
[06:12] {dino} :)\
[06:12] {esemde} does anyone know much about warrants.....are they a positive or negative thing.....CPSL just issued a wach of them....usually institutions will want to drive up stock after they acquire them....correct?
[06:13] {esemde} Thats "wack"
[06:14] {esemde} might be a capitulation thing going on in CPSL....
[06:14] {markweb} gm all
[06:14] {Threei} mark :)
[06:14] {esemde} mark
[06:14] {markweb} :)
[06:15] {cosmo} China Precision Steel Announces $47.9 Million Financing
[06:15] {cosmo} PR Newswire (Thu 12:05am)
[06:16] {esemde} saw the news wire....just wondering if it's positive or negative thing...
[06:16] {cosmo} negative.... i think
[06:16] {esemde} have been following this one for a bit
[06:16] {bruce} hello mark
[06:17] {esemde} if the strike price is 8.45 they are going to want to drive the price up beyond that ....correct
[06:18] {esemde} wash out going today i think...
[06:18] {cosmo} ... nice knife
[06:19] {esemde} knife
[06:19] {esemde} ?
[06:19] {cosmo} the falling kind
[06:19] {cosmo} here...catch
[06:20] {cosmo} CPSL needs to hold 7
[06:20] {cosmo} i think
[06:20] {esemde} thats wheree the 50ma is
[06:25] {dino} cosmo, forver the teacher
[06:25] {esemde} man after my own heart
[06:26] {cosmo} "for ever"?
[06:26] {cosmo} CPSL tests
[06:30] {cosmo} hmm... nice knife still...
[06:30] {cosmo} who knows...
[06:31] {cosmo} 6.66
[06:32] {dino} pdgi
[06:33] {bruce} uthr
[06:34] {dino} pdgi hl s .75, stop .16
[06:35] {magoo} hi
[06:37] {Threei} magoo :)
[06:37] {bruce} morning mags
[06:37] {Threei} watching JNPR
[06:37] {Threei} how it handles this NQ pullback
[06:37] {Threei} if stays above .85, break is long
[06:38] {dino} bstop to .21
[06:38] {bruce} nice call pdgi dino - missed it
[06:38] {dino} to .01
[06:39] {dino} to .55
[06:39] {Threei} prefer aggressive entry on JNPR now, with NQ showing reversal
[06:39] {dino} stopped 36.54 +1.21
[06:40] {dino} ty bruce
[06:40] {Threei} in
[06:41] {Threei} tight stop, .74
[06:41] {dino} need coffee
[06:43] {bruce} stopped jnpr
[06:44] {Threei} nice shake
[06:45] {bruce} - yes - story of my life
[06:45] {bruce} worth second try?
[06:46] {dino} going down hard -222 dow
[06:46] {dino} where's my bounce
[06:46] {Threei} with NQ so jerky right now, no
[06:46] {dino} feels like 300 down coming
[06:46] {Threei} 8 points in one minute
[06:47] {dino} sitting for a bit
[06:52] {dino} plxs
[06:53] {Threei} POZN 10 break long
[06:54] {dino} sm l crox 54.00
[06:55] {Roman} ESLR
[06:55] {Roman} interesting
[06:56] {Threei} you missed all the excitment on it yesterday
[06:56] {dptl} Vad,quote server?pls
[06:56] {dino} stoped crox -.44
[06:56] {Threei} 2
[06:56] {dptl} ty
[06:57] {bruce} seeing moreshort drops than working long bounces lately dino
[06:57] {Threei} don't like this sharp red on POZN
[06:58] {bruce} I waited for 10 resitance on pozn to "emlt"
[06:58] {bruce} good thing
[06:59] {Roman} MALL
[06:59] {Threei} of course... there was big resistance, no point in being first to buy
[06:59] {Roman} MALL reported earnings a few days ago
[07:00] {Roman} i am watching this one for complete tear up over $20
[07:00] {Roman} but slow
[07:00] {Threei} OCT ISM MANUFACTURING: 50.9 V 51.5E; PRICES PAID: 63 V 63.0E
[07:05] {Threei} ATHR
[07:06] {Threei} half lot to smaller, .50 break long
[07:06] {Threei} .29 stop
[07:08] {esemde} bstop CPSL 6.85....
[07:08] {dino} cpla
[07:08] {dino} thin
[07:08] {Threei} if sets up, 36 shouldn't be a problem
[07:09] {Threei} charts are ideal in all timeframes
[07:10] {Threei} if sets up from here, stop .35
[07:14] {Roman} XRAY
[07:14] {Roman} stong
[07:14] {Roman} and WOOF
[07:15] {Threei} TQNT?
[07:17] {Threei} no news that I see
[07:17] {Roman} CSIQ strong
[07:19] {dino} cpla hl s .60
[07:21] {Roman} vad, what's up with Canadian Solar: CSIQ, give some insight please
[07:21] {Threei} consider please that I found about it being canadian 5 seconds ago, from you
[07:23] {Roman} WATG continues
[07:23] {dino} cpla stopped ouch
[07:23] {dptl} Vad, is your quotes ok?
[07:24] {Threei} looks fine
[07:24] {Roman} GNBT
[07:24] {Threei} unless I have delays I am not aware about... let's compare?
[07:24] {dptl} i have stack quotes everywhere
[07:24] {Threei} name the stock
[07:24] {dptl} well check jnpr
[07:25] {Threei} 09:15am [GNBT] Receives Regulatory Approval to Sell Generex Oral-lyn in India
[07:25] {Threei} 35.17 x .19
[07:25] {Threei} .18 x .20
[07:25] {Threei} .21 x.22
[07:25] {Threei} looks fine
[07:25] {bruce} cpla stop dino?
[07:26] {Threei} yours different dp?
[07:26] {Roman} DRYS bouncing
[07:26] {Roman} QMAR & EGLE could go with it
[07:26] {dino} bruce see above 10:24
[07:26] {dino} right through me -.55
[07:26] {dptl} offers fine but bits i have stacked like all the way from 35.65
[07:27] {dptl} bids
[07:27] {Threei} wierd... nothing like that here
[07:27] {bruce} k - din't play it - it didn't give you much chance for decent exit
[07:27] {dino} drys positive, watch egle ocnf tbsi
[07:28] {dino} egle l .96 hl
[07:28] {dptl} changing quote server and its the same
[07:28] {dino} cpla too gappy, my own damn fault
[07:29] {Threei} wow GNBT
[07:29] {Threei} last time it moved like that was in June
[07:29] {dptl} what quote server now,Vad?
[07:30] {Threei} 4
[07:30] {Threei} dp, try this
[07:30] {Threei} trade settings,
[07:30] {Threei} Level II,
[07:30] {Threei} Time treshold,
[07:30] {Threei} set to 0
[07:30] {Threei} EIA NATURAL GAS INVENTORIES: 66+ BCF VS. + 50 TO +55 BCF EXPECTED RANGE
[07:30] {Roman} nice buying on GNBT
[07:31] {dino} india approval gnbt
[07:31] {Roman} they probably want to pop it higher
[07:31] {Threei} [10:25] {Threei} 09:15am [GNBT] Receives Regulatory Approval to Sell Generex Oral-lyn in India
[07:31] {dino} cpla sheesh, sould've held
[07:31] {Roman} [10:31] {Threei} [10:25] {Threei} 09:15am [GNBT] Receives Regulatory Approval to Sell Generex Oral-lyn in India
[07:31] {Threei} [10:31] {Roman} [10:31] {Threei} [10:25] {Threei} 09:15am [GNBT] Receives Regulatory Approval to Sell Generex Oral-lyn in India
[07:31] {Roman} tempting to do it again :)
[07:31] {Threei} lol
[07:32] {Roman} but since this log is made public i have to chill
[07:33] {dptl} no....still the same
[07:33] {Roman} http://www.realitytrader.com/tradinglog/
[07:33] {Roman} the log is avaiable public, Vad has Google ads on there too
[07:33] {Roman} feel free to browse
[07:33] {Threei} something must be wrong somewhere in settings dp... not sure what it is
[07:34] {Threei} laserdave is away for a few days, death in family...
[07:34] {markweb} ATHR vad?
[07:34] {Threei} when he is back, make him track down the setting
[07:34] {dptl} and i have that everywhere and too often
[07:35] {Threei} mark, break of .50 is extremely lucrative... pullback was deeper than I would have liked
[07:35] {Roman} CSUN high
[07:35] {markweb} ty
[07:35] {Threei} so maybe widen the stop, decrease tha shares
[07:36] {Roman} long GOLD small
[07:36] {Threei} if often then even more chance that some setting is off dp
[07:36] {Roman} 36.10
[07:36] {Threei} because when it happens for everyone, it's a big deal and being addressed quickly
[07:37] {dino} any egle takers?
[07:37] {Roman} i am in QMAR
[07:37] {markweb} no:( dino
[07:37] {dino} stop to .24
[07:37] {dino} don't blame you, i went cold on two
[07:38] {dino} egle to .35
[07:38] {dino} out egle .38., +.40
[07:39] {dino} taking a break
[07:39] {bruce} nice dino
[07:42] {Roman} out 1/2 QMAR +.30
[07:43] {Threei} trigger ATHR
[07:47] {dino} ty bruce
[07:47] {Roman} out GOLD +34
[07:47] {dino} back in black at least
[07:47] {dino} wow egle
[07:47] {dino} wow drys
[07:49] {dino} hl l ocnf .50
[07:52] {Threei} move already ATHR
[07:53] {Threei} you have 36 to hit, and we don't have 5 years to wait
[07:53] {Threei} heck, I'll be surprized if we can hold it for more than 5 min {G}
[07:54] {dino} out ocnf .70, +.20
[07:57] {dino} ralllly monkey
[07:58] {markweb} any in SOHU?
[07:59] {dino} solars spiking
[08:03] {Threei} JASO
[08:03] {Threei} long on pullback, as close to 59 as possible
[08:04] {Threei} small shares, volatile one
[08:04] {Threei} what's with GLBL
[08:06] {dino} mflo
[08:06] {dptl} found problem
[08:06] {Threei} you had no computer?
[08:06] {dptl} lol
[08:07] {dptl} auto correction was uncheked
[08:07] {dino} mflo s partial fill .55
[08:07] {Threei} there you go
[08:07] {Threei} you had no computer was my next suggestion
[08:08] {Threei} in JASO
[08:08] {Threei} stop under .80
[08:08] {Threei} smallish shares
[08:08] {dino} darn partials, i'd be out otherwise
[08:09] {Threei} if this entry fails, next level to watch is 58.50
[08:13] {Threei} half out +.40
[08:13] {Threei} scalpers get out
[08:19] {dino} gj
[08:19] {Threei} ty
[08:21] {Threei} stop just under 59 for balance
[08:22] {dino} ilmn
[08:27] {Threei} vague feeling is, NQ prepares for new rally
[08:28] {Threei} if holding above 2230 and tags 37, should go back to 50 and above
[08:30] {esemde} have a great day everyone....still have my bstop in CPSL6,85...we'll see what happens there the rest of the day....take care
[08:31] {Threei} take care ese
[08:31] {bruce} bye ese
[08:32] {bruce} ilmn s dino?
[08:33] {dino} cya ese
[08:35] {dino} vsat
[08:37] {cosmo} pozn test
[08:37] {cosmo} 10
[08:38] {dino} bruce, ilmn, didn't go up enough for short, like 2.50ish
[08:38] {bruce} k- wasn't sure if it was oversold enough - thanx
[08:41] {dino} all imo
[08:41] {dino} which isn't worth anything
[08:43] {Threei} SAUDI ARABIA: SAYS GULF STATES WILLING TO FORM A CONSORTIUM TO PROVIDE ENRICHED URANIUM TO IRAN
[08:45] {dino} sbac
[08:49] {bruce} grmn hit 100
[08:50] {Threei} SCON
[08:50] {Threei} worth a try for bounce
[08:50] {Threei} stop under .60
[08:50] {ramvfin2003} here?
[08:50] {Threei} yeah
[08:51] {Threei} scalp only most likely
[08:51] {Threei} quite e retreat from high 3 days ago
[09:04] {Threei} 1:1
[09:05] {Threei} out .94
[09:05] {Threei} that was easy... stress-free trade
[09:07] {Threei} no takers?
[09:07] {ramvfin2003} +.19
[09:07] {Threei} :)
[09:11] {bruce} nice play vad - didn't take that one
[09:11] {dino} mflo bstop to .30
[09:11] {Threei} you just don't like stress-free trading
[09:12] {bruce} lol
[09:12] {bruce} maybe thats it
[09:13] {Threei} I overheard you grumbling "where does he gets off suggesting trades with no adrenalin influx"
[09:13] {bruce} oh - that was dino
[09:13] {Threei} magoo rather
[09:14] {bruce} maybe ram?
[09:14] * magoo slaps Threei around a bit with a large trout
[09:14] {Threei} oops
[09:14] {Threei} I thought you were sleeping
[09:14] {bruce} actually - trading is pretty stressful for me
[09:14] {magoo} well i can't do anything else but sleep
[09:14] {bruce} pretty tired end of day most days
[09:15] {Threei} it doesn't have to be
[09:16] {cosmo} it can be like a game of cards.... with the guys....
[09:16] {cosmo} coffee of course
[09:17] {bruce} thats the way I look at it cosmo - just do best you can anfd take what comes
[09:19] {dino} probabilities bruce, so expect to be wrong at times, don't let the wrong ones bother you
[09:20] {bruce} understood dino
[09:20] {bruce} my challenge is I've been losing for a long time
[09:20] {dino} try to have fun w/it
[09:20] {bruce} just small amounts
[09:20] {bruce} but consistent
[09:21] {dino} we missed vsat bounce
[09:22] {cosmo} pozn 10 again
[09:23] {dino} mflo stopped +.25 on partial
[09:23] {ramvfin2003} is POZN still on play?
[09:24] {bruce} pozn looks like a long to me - any read vad?
[09:25] {cosmo} i wish it was the last hour instead of lunch time ...
[09:25] {cosmo} for pozn
[09:26] {Threei} 10 break certainly worth a try
[09:27] {ramvfin2003} in .01
[09:28] {cosmo} lunch hour just isn't what it used to be
[09:28] {ramvfin2003} target vad?
[09:29] {dino} thats' cause magoo didn't buy your lunch
[09:29] {dino} cpla, wheres the top
[09:29] {Threei} no idea... breakouts rarely have targets
[09:30] {Threei} place stop and play by usual rules
[09:30] {dino} ravn getting hurt today
[09:33] {Threei} FRPT 18 melting long
[09:34] {Threei} invalidated
[09:38] {bruce} any read grmn vad - bpunce from 100 has been pretty weak so far
[09:39] {Threei} no... not my domain
[09:39] {bruce} k
[09:44] {dino} cpla spike
[09:45] {Threei} 1:1 POZN
[09:45] {Threei} 1P2
[09:45] {Threei} 1:2
[09:45] {Threei} oh news
[09:46] {Threei} ANNOUNCES TREXIMA AMENDED RESPONSE ACCEPTED FOR REVIEW BY FDA-
[09:46] {Threei} cool beans
[09:46] {Threei} nice to be in BEFORE the news hit
[09:46] {Threei} me out
[09:46] {ramvfin2003} out +.23
[09:47] {Threei} see... no stress
[09:47] {dino} brb
[09:47] {dino} gj ram
[09:47] {Threei} bruce?
[09:48] {bruce} thats me
[09:48] {Threei} you played?
[09:48] {bruce} no
[09:49] {Threei} [12:24] {bruce} pozn looks like a long to me - any read vad?
[09:49] {Threei} you asked just out of sheer curiosity?? :)
[09:50] {bruce} nope -considered it
[09:51] {bruce} didn't look like much volume on 10 break to me
[09:51] {bruce} glad it woked for you
[09:51] {Threei} was enough volume to chew through all those offers...
[09:51] {Threei} you really overthink it
[09:51] {Threei} setup is there, risk is defined, it triggers - get it
[09:52] {Roman} been watching WM options
[09:52] {Threei} brain has not much involvement in correct trading... it's eye-finger
[09:52] {Roman} it looks like there is some positive feel for a bounce here
[09:52] {Threei} see setup, recognize setup, play setup
[09:52] {Threei} leave it to market to tell you whcih it is, win or loss
[09:52] {Roman} in full size WM 25.85 area
[09:53] {Roman} swing trade
[10:01] {dino} ande
[10:01] {Threei} bruce... here is my impression
[10:02] {Threei} you have pretty much all the knowledge you need at this point,
[10:02] {Threei} what you really need is not more knowledge
[10:02] {Threei} it's a skill to implement what you know,
[10:02] {Threei} shape it up by triming off unneeded fat
[10:02] {Threei} and leaving only what is necessary
[10:03] {dino} 1/4 cpla s .90
[10:03] {Threei} In other words, you need procedure
[10:03] {bruce} thanx vad
[10:03] {Threei} standard practice that will determine tyour course of action
[10:03] {bruce} I need either more wins percentage wiwse
[10:03] {bruce} or bigger wins
[10:04] {Threei} that's outcome
[10:04] {Threei} to get there you need a procedure that will lead to that outcome
[10:04] {Threei} you put in too much discretion
[10:04] {Threei} trying to ;pick only winning trades
[10:04] {Threei} weed out those that you don't think will work
[10:04] {Threei} this is wrong approach
[10:05] {Threei} you are trying tyo outsmart market
[10:05] {Threei} but market has no smartness to begin with
[10:05] {Threei} it has ebb and flow
[10:05] {Threei} and it's odds, not certainy
[10:06] {Threei} trying to sort it out to have winning trades only youy violate the very principle on which market is based
[10:07] {Chaeron} 13:06 11/01 *DJ Office Depot Raised To Overweight From Neutral By JP
[10:07] {Chaeron} ODP
[10:10] {dino} i guess ande won't fill me at 43.68
[10:11] {ramvfin2003} CROX as ugly as its shoes today
[10:11] {dino} lol
[10:11] {Threei} I don't like pushing my products but sheesh, this is the cheapest one, and this is exactly what you need... so let me reiterate strong buy recommendation on Market Profit Plan
[10:12] {bruce} k vad - I hear you
[10:12] {bruce} off for a break guys
[10:12] {bruce} back in 30
[10:12] {Threei} you don't find it useful - return it
[10:13] {Threei} and I promise you it won't happen
[10:20] {dino} amzn
[10:40] {dino} leap
[10:40] {dino} \merger not happening
[10:43] {Threei} halted?
[10:43] {dino} y
[10:47] {markweb} GXDX news?
[10:47] {dino} cov half cpla .35, +.55
[10:47] {Threei} 10/30/07 10:00am [GXDX] IPO opens for trading at $25
[10:48] {markweb} ty
[10:48] {Threei} 10/29/07 07:38pm [GXDX] Prices 5M share IPO at $17/share and above the $14-$16/share initial pricing range
[10:50] {Threei} quite dull trading for IPO
[10:50] {dino} tough tp ipo on down big day
[10:52] {Roman} CROX is really taking a serious hit
[10:53] {Chaeron} {ramvfin2003} CROX as ugly as its shoes today {{{ best line of the day
[10:53] {Roman} someone bought yesterday at $75 just logging in to see 35% cut
[10:53] {Roman} that hurts
[10:53] {Threei} {CROX} I want second opinion
[10:54] {Threei} {Chaeron} second opinion? ok, you are stupid too
[10:54] {Chaeron} lol... get out of my mind!!!!!!!!!!!!!
[10:54] {dino} cov other cpla at .10, +.80
[10:55] {dino} opps only 1/2 of remaining at .10
[10:56] {dino} not sure what happened as bid went below me by .20
[10:56] {dino} guess i should talk to chuck
[10:56] {Roman} good one dino :)
[10:57] {dino} ty rfr
[10:57] {dino} coming up on my 300 down
[10:57] {dino} dow
[10:57] {dino} grmn bit of capit
[10:58] {Roman} look at the volume on SPY & QQQQ
[10:58] {Roman} this is freaky
[10:59] {dino} ok cov all cpla
[10:59] {dino} .10
[10:59] {Chaeron} we're going to zero Roman
[10:59] {Roman} :)
[10:59] {Chaeron} hmmm can we go negative? :)
[11:00] {Threei} on volume?
[11:00] {Threei} kind of, if you buy stock they actually put you short, and when you sell they award you shares... then maybe
[11:00] {dino} end of the world
[11:00] {Threei} contemplate this :)
[11:01] {dino} riddle me that
[11:02] {dino} plxs not paying attn to mkt
[11:02] {Roman} RATE nice reversal off the lows
[11:03] {dino} y
[11:15] {dino} hl l ravn .75, stop lod
[11:38] {dino} ravn stop to .25
[11:38] {Threei} BEAS saga continues
[11:38] {Threei} SUED BY INVESTOR ON BEHALF OF ALL PUBLIC HOLDERS ON DUTY VIOLATION ON ORCL OFFER - WIRE HEADLINE
[11:38] {Threei} - Note: Icahn also sued Co last week over annual meeting
[11:38] {dino} out .17, +.42
[11:39] {dino} rinse job on stop
[12:00] {dino} back in 10
[12:03] {Threei} CLWR
[12:04] {Threei} no news that I see
[12:04] {Threei} what the
[12:06] {bruce} nvda
[12:10] {dino} intl takeover rumor
[12:10] {dino} intel
[12:10] {dino} for nvda
[12:10] {Threei} CLWR nonstop
[12:15] {magoo} goodnoite all, outta here
[12:15] {Threei} take care magoo
[12:16] {bruce} night mags
[12:24] {dino} down 300
[12:28] {Threei} bounce time
[12:29] {dino} edac
[12:31] {dptl} is that volume spike gives you clue on bounce,Vad?
[12:32] {Threei} volume, extension of selling
[12:34] {dptl} ty,just cheking if i am looking at the same things
[12:34] {Threei} if not losing 2215 anymore, should show nice bounce
[12:35] {dptl} yep
[12:36] {bruce} any stocks in mind to play revrsal on vad?
[12:36] {Threei} QID
[12:36] {Threei} short
[12:37] {bruce} here - withstop to 06?
[12:37] {Threei} stop if NQ loses 2215
[12:38] {dino} why not the qld l
[12:39] {dino} QLD
[12:40] {Threei} ?
[12:41] {dino} opposit of qid is qld, so go long qld , just asking
[12:41] {Threei} I don't see correlation on chart
[12:41] {Threei} you sure about that?
[12:42] {dino} 2x long the qqqq
[12:43] {Threei} oh, looked at wrong chart
[12:43] {Threei} yeah, it would work
[12:44] {dino} just esier, imo, up mkt go l qld, down go long qid
[12:46] {Threei} a lot of nervousness
[12:46] {dino} partial fill l midd .75
[12:52] {bruce} down she goes
[12:52] {Threei} yeah
[12:52] {Threei} pathetic bounce
[12:52] {Threei} not even 5 points
[12:59] {Roman} good evening guys
[12:59] {Threei} thank you all
[12:59] {Threei} have a good evening
[12:59] {Threei} see you tomorrow for the nervous end of nervous week
[12:59] {dino} stopped midd .67, -.08
[13:00] {bruce} nigt vad
[13:00] {bruce} nice tight stop dino
[13:00] {dptl} see ya tomorrow all....have a good evening
[13:00] {dino} thx. calling it a day, pretty good one overall
[13:00] {bruce} 7c is great - especially with the reward potentail
[13:00] {dino} magooooo get me a brew
[13:00] {bruce} night all
[13:01] {dino} gn all, back tomorrow, scalp day
Session Close: Fri Nov 02 00:10:57 2007
