November 15, 2007
Session Start: Thu Nov 15 00:00:00 2007
Session Time: Thu Nov 15 00:00:00 2007
[05:27] {bruce} morning all
[05:36] {Threei} morning bruce
[05:37] {Threei} *OCT CONSUME PRICE INDEX M/M: 0.3% V 0.3%E, CPI EX FOOD_ENERGY M/M: 0.2% V 0.2%E, CPI NSA: 208.936 V 208.900
[05:37] {Threei} *INITIAL JOBLESS CLAIMS: 339K V 320KE, CONTINUING CLAIMS:2.568 M V 2.575ME
[05:37] {Threei} - Prior Continuing Claims revised from 2.579M to 2.575M
[05:38] {Threei} *NOV EMPIRE MANUFACTURING: 27.4 V 19.0E
[05:39] {hawkfan4} good morning vad
[05:41] {bruce} hello hawk
[05:43] {Threei} hawk :)
[05:45] {hawkfan4} morning bruce
[05:45] {bruce} do you need to reset laser charts every morning vad?
[05:45] {Threei} no why?
[05:45] {bruce} I keep a few small thmbnail charts always open
[05:45] {bruce} each morning about half never open
[05:46] {bruce} I need to type in new stock symbol to get them to display anything
[05:46] {Threei} did you save the layout after you made changes?
[05:46] {bruce} yes
[05:46] {Threei} wait... never opens as in don't show anything, remaining blank? or window itself doesn't appear?
[05:46] {bruce} not a big deal
[05:46] {bruce} just a nuisance
[05:47] {bruce} well for example
[05:47] {bruce} one chart is of rimm
[05:47] {bruce} it says rimm
[05:47] {cosmo} ADLS pre mkt high = 2.95 ...so far
[05:47] {bruce} but nothing is showing
[05:47] {bruce} and there is an x in left corner
[05:48] {Threei} X is a sign that chart is not working, yes
[05:48] {bruce} if I type ibm that stock comes up ok
[05:48] {bruce} then I can type rimm again and it will be ok
[05:48] {Threei} but why it happens for you and not for me... no idea
[05:48] {bruce} I'm using vista
[05:48] {Threei} argh
[05:48] {Threei} POS
[05:48] {bruce} may be a glitch
[05:49] {bruce} about half come up and half dont
[05:49] {Threei} [ADLS] Advanced Life Sciences Cethromycin Achieves All Endpoints in Second Pivotal Phase III Trial for Treatment of Pneumonia
[05:50] {Threei} will be years or some unexpected event that makes me switch to vista
[05:52] {dptl} good morning all
[05:53] {Threei} dp :)
[05:53] {cosmo} LOCM pre mkt high = 4.51 ...so far
[05:53] {Threei} I don't see any LOCM news
[05:54] {cosmo} Local.com begins licensing local search tdchnology
[05:54] {cosmo} Briefing.com (Thu 7:02am)
[05:54] {Threei} ty
[05:54] {cosmo} :)
[05:55] {Threei} OPEC PRESIDENT: HIGH OIL PRICES ARE POTENTIALLY DANGEROUS; HIGH OIL PRICES HAVE A LIMITED IMPACT ON DEMAND
[05:55] {bruce} hi dp, cosmo
[05:55] {cosmo} bruce:)
[05:58] {Threei} NUAN GUIDES FY08 R$875-900M V 864.7M
[06:02] {esemde} good morning ....NUAN is back ehhhhhh
[06:02] {Threei} ese :)
[06:02] {Threei} morning fingers warm-up
[06:02] {Threei} grabbed half lot at 20, bailed at 20.07 and .06
[06:02] {Threei} made whole 25 bucks
[06:03] {esemde} nice work.....pre a post trding is a tough business
[06:03] {Threei} MICROSOFT TO PAY $46M TO ACQUIRE MUSICWAVE SA FROM OPWV
[06:03] {Threei} something's wrong with NUAN
[06:04] {Threei} dumping like there is no tomorrow
[06:04] {Threei} or there is but very bleak
[06:04] {bruce} hi ese
[06:05] {bruce} how are you dealaing w new celebrity status?
[06:06] {bruce} rimm appears to be at premarket low
[06:06] {dino} gm all;
[06:06] {bruce} want to try a bouce vad?
[06:07] {Threei} dino :)
[06:07] {bruce} hi dino
[06:07] {Threei} he is not really NEW celebrity bruce... name him to practically anyone in music scene here, everyone nods
[06:07] {Threei} bounce on what?
[06:07] {Threei} NUAN?
[06:07] {bruce} no answer - hes proably signing autographs right now
[06:07] {dino} gm bruce
[06:07] {bruce} rimm
[06:07] {Threei} or instructing his bodyguards to keep you away bruce
[06:08] {bruce} you bet - I'm dangerous
[06:08] {Threei} hmmm... not sure
[06:08] {Threei} RIMM is dangerous as it is, multiply by 3 premarket
[06:08] {bruce} about dangerous or the bounce?
[06:09] {Threei} lol, bounce
[06:09] {bruce} k
[06:09] {Threei} my take on premarket trading:
[06:10] {Threei} it takes something very very clear or extraordinary to make me do it
[06:11] {Threei} routine opportinities will be presented all over during normal market hours, why would I want to chase them in more risky premarket environment
[06:11] {bruce} k - same
[06:11] {bruce} I start looking at charts about premarket open - but don't trade those
[06:11] {Threei} same
[06:11] {bruce} spreads too big
[06:11] {Threei} shape up initial universe of stocks to watch
[06:15] {Threei} NTAP is back to yesterday's close
[06:24] {Roman} LDK alert
[06:25] {Roman} LDK sees Q4 $0.37-0.41 vs $0.39 Reuters consensus; sees revs $165-170 mln vs $163.12 mln Reuters consensus
[06:25] {Threei} too bad I couldn't short it for long term hold
[06:32] {Threei} NTAP short ,89
[06:32] {Threei} 27.01 stop
[06:33] {dino} rig hl l .13
[06:33] {Threei} out .65
[06:33] {dino} stop lod
[06:33] {Threei} 1:3 in seconds
[06:34] {Threei} 1:2 sorry
[06:34] {Threei} and if I had just a bit more patience...
[06:34] {bruce} missed it completely
[06:34] {bruce} never got it up in time
[06:34] {Roman} ETFC
[06:34] {bruce} nice trade bvad
[06:34] {Threei} it was there for a while after my post...
[06:36] {esemde} long CSIQ 14.93....
[06:36] {bruce} what do you call that ?
[06:36] {bruce} short continuation on pullback?
[06:37] {Threei} just short...
[06:37] {Threei} nice CSIQ ese
[06:39] {Threei} half out?
[06:40] {esemde} out CSIQ .35 +.42
[06:40] {Threei} wtg
[06:40] {esemde} still goin but i'll take my .42
[06:41] {dino} gj
[06:42] {Threei} as much as I would like to tell you "no, hold it"... my hardcore scalper's nature prevents me from lecturing anyone of taking profit :)
[06:42] {esemde} if it retraces i'lll think about the pull back
[06:42] {Threei} or consolidates and forms a range for breakout
[06:42] {Threei} SEED
[06:43] {esemde} yes
[06:43] {Threei} I don't swee any SEED news
[06:43] {Roman} GIGM
[06:43] {Roman} long off 21
[06:43] {Threei} thing dropped from highs deep enough to beconme a bounce play
[06:44] {Threei} 6.67 long half lot
[06:44] {Threei} OPEC PRESIDENT SAYS WILL NOT HESITATE TO INCREASE OUTPUT IF WARRANTED BY SHORTAGES
[06:46] {Threei} sheesh NTAP
[06:47] {bruce} ptry
[06:47] {Threei} living proof why I have no rights to tell anyone to hold longer
[06:47] {Threei} 09:46:50 ADMIN7 --} (All): NASDAQ has declared Self Help against the New York Stock Exchange (NYSE) as/of 9:34:45 E.T
[06:47] {Threei} what the heck does that mean
[06:48] {bruce} hmmm - maybe they're offering relaxation courses to nyse market makers?
[06:49] {dino} rig stopped -.34
[06:49] {Threei} 09:49:16 ADMIN7 --} (All): NYSE having systemwide problems!
[06:51] {esemde} long ESLR 13.23
[06:54] {esemde} out ESLR .43 +.20 scalp
[06:54] {Threei} wtg
[06:54] {Threei} ese is hot
[06:54] {Threei} if a quote is not updating, a market center can declare self-help, and must notify the destination(s) of its order flow that a self-help situation exists. In such a situation, NASDAQ will turn off its router to the market center (as it has in the past). What is new is the explicit declaration of a self-help situation.
[06:54] {esemde} tks....
[06:55] {bruce} congrats ese
[06:55] {bruce} no idea at all how you saw eslr as a ong but gald it worked for you
[06:56] {dino} gsol l .92, stop .46
[06:56] {esemde} done for the day basically....
[06:56] {Threei} ese is my hero... wake up, grab easy money, go about your life... or back to sleep
[06:57] {dino} great job ese
[06:57] {esemde} tks Vad....have a good mentor
[06:57] {esemde} Am just going to be watching and enjoying you all
[06:58] {Threei} care to introduce me to him?
[06:58] {esemde} sure he make great shikabob
[06:58] {Threei} OK, I think I finally found it
[06:58] {Threei} Nasdaq Self Help Declarations/Revocations messages (“Notices”). These Notices will alert participants that Nasdaq is experiencing communications issues with a particular market center. It is intended to cause members to perform an independent review of their communications with that market center and assess their trading obligations with respect to that market
[06:59] {Threei} just an aleret about troubles at certain market
[06:59] {bruce} translation - dont trade nyse now
[06:59] {Threei} yep, and for NYSE - "get your sh*t together
[07:00] {Threei} Roman's SATC is trying
[07:01] {Threei} CSIQ again
[07:01] {Threei} .20 break half lot long
[07:01] {dino} gsol stopped , major slippage -.60
[07:01] {Threei} only if stays above 16
[07:01] {bruce} yep - really rinsed on that one
[07:02] {dino} nose bleeding, they tagged me
[07:02] {Threei} CSIQ 1:1
[07:03] {Threei} exit into spike
[07:03] {Threei} out .60
[07:03] {esemde} nice work....
[07:03] {Threei} quick and easy .37, got it at .23
[07:03] {esemde} see.... i said i'd enjoy this
[07:04] {Threei} :)
[07:04] {dino} ati hl l .25, stop .83
[07:06] {dino} stopped. taking a break
[07:07] {bruce} major downspike - good you got out dino
[07:08] {Threei} 16.80 break CSIQ again, small shares
[07:08] {dino} yeah
[07:08] {Threei} geting riskier as moves higher
[07:08] {dino} off of .00 try again
[07:08] {dino} mkt wants up imo
[07:09] {Threei} exit here
[07:09] {Threei} quick 25 cents
[07:09] {dino} ok
[07:10] {bruce} nice vad - I didn't take it - looked like stop was about .29?
[07:10] {Threei} {--- major source of ese's enetrainment this morning
[07:10] {Threei} .29??
[07:10] {Threei} no way
[07:10] {Roman} long ESLR
[07:11] {bruce} k - thats last low I saw on one min
[07:11] {Threei} two bars before the break bottomed just above .50
[07:12] {dino} the only bar i see is a block up the street
[07:12] {bruce} k - I see that too
[07:12] {bruce} just wondering where I would have set stop if had taken it
[07:13] {bruce} thanx
[07:13] {Threei} I would replace it with candles dini, but I am scared even to think what kkinf of associations that could inbvoke in you
[07:14] {dino} lol
[07:14] {Threei} :)
[07:14] {Threei} NTAP .51 long
[07:14] {Threei} .39 stop
[07:15] {Threei} sheesh CSIQ
[07:15] {esemde} No kidding....
[07:16] {esemde} wowwwww
[07:17] {bruce} stopped ntap
[07:19] {dino} dwsn pop
[07:20] {Threei} DTSI small shares long if breaks .28
[07:21] {Threei} CSUN
[07:21] {Threei} .85 half lot long
[07:22] {bruce} stop .14 dtsi vad?
[07:22] {Threei} yes but slippage will likely take you out under .10
[07:22] {Threei} so small shares
[07:23] {bruce} k
[07:23] {Threei} ugh... mistype CSUN
[07:23] {Threei} .55 trigger
[07:24] {bruce} was wondering about that
[07:24] {bruce} big offer at .58 vad
[07:24] {Threei} and big bid at .50...
[07:24] {Threei} momo comes they all don't matter
[07:25] {bruce} k
[07:25] {Threei} no momo, even 1K offer will scare them off
[07:31] {Threei} *DOE CRUDE: +2.8M V -750KE; GASOLINE: +714K V -100KE; DISTILLATES: -2M V -200KE; UTILIZATION: 87.7 % V 86.7%E
[07:31] {Threei} *EIA NATURAL GAS INVENTORIES: -9BCF VS. -5 TO -10 BCF EXPECTED RANGE
[07:31] {bruce} csun stop to .39 would think?
[07:31] {Threei} yup
[07:32] {Threei} we are swimming in oil according to those numbers or what
[07:35] {bruce} bloody hell - stopped
[07:35] {bruce} sheesh
[07:37] {dino} thatkkind of day sop far, stops
[07:43] {Threei} CSIQ bounce candidate
[07:44] {Threei} as close to 16 as possible
[07:47] {Threei} missed... wanted it lower
[07:49] {bruce} actg long vad?
[07:50] {Threei} .40 break...
[07:50] {Threei} worth a try, half lot
[07:50] {Threei} stop would have to be under .20
[07:51] {bruce} k - was hoping .25 would be reasonalbe stop
[07:51] {Threei} .24
[07:52] {Threei} best I can do, sorry :)
[07:52] {Threei} I would have to go to my super to get you a better price
[07:52] {bruce} lol - understood - got to listen to market
[07:54] {Roman} SATC
[07:57] {dino} rimm 105
[07:57] {Roman} LOCM high
[07:59] {Threei} very nice read on SATC roman
[07:59] {Threei} I wish I had patience for this kind
[08:02] {Threei} bruce
[08:02] {Threei} offer it out
[08:02] {Threei} it's trading above 1:1 at the offer
[08:03] {Roman} GIGM spike
[08:03] {bruce} out
[08:03] {Threei} good
[08:03] {bruce} thanx
[08:03] {Threei} I don't care what it does next, you just need a win
[08:03] {bruce} 3 stops 1 win
[08:04] {bruce} probably should have stopped for day already butglad that one worked
[08:04] {Threei} I don't want to overdrill it... but review the calls
[08:04] {Threei} you skipped all winning ones, and fairly decent size of wins,
[08:04] {Threei} and picked two small stops
[08:05] {bruce} yes - missed winners
[08:06] {bruce} typical
[08:06] {Threei} the day you know why you do it, or learn how to overcome this is the day tyour trading turns around
[08:07] {bruce} it wan't intentional vad
[08:07] {bruce} busy looking for trades and look at this screen intermittently
[08:07] {Threei} of course not
[08:08] {Threei} but when it happens so often that you label it as typical
[08:08] {Threei} it's not an accident
[08:08] {bruce} it is typical
[08:08] {Threei} it's a pattern
[08:08] {bruce} you've seen it
[08:08] {bruce} don't see how that canhappen over and over
[08:08] {Threei} I have
[08:08] {bruce} I'm not screening what I take
[08:14] {esemde} have a great rest of the day everyone.....
[08:14] {bruce} see you ese
[08:14] {Threei} take cares ese
[08:14] {esemde} see ya bruce Vad...
[08:19] {bruce} wow - actg - wish I'd held half
[08:19] {Threei} no you don't
[08:22] {bruce} loh_ was good to exit withwin on all of it for sure
[08:30] {bruce} bucy dino
[08:33] {dino} dk
[08:35] {bruce} nyse is having connection issues dino
[08:36] {bruce} any read bphx vad?
[08:36] {Threei} not really
[08:37] {Threei} can do anything here
[08:37] {bruce} k
[08:44] {dino} abii
[08:45] {dino} can't be right
[08:45] {dino} spinoff
[08:46] {Threei} eeck
[08:47] {dino} for the mkt being down only a couple, stocks i watch are getting crushed
[08:47] {bruce} wow - almost 9$ spread
[08:48] {dino} we missed that, should've took a 100 shares short
[08:48] {bruce} probably not a great time to be swing trading - stocks seem to be pretty erratic
[08:49] {bruce} shell shocked here dino- looking for something a bit safer
[08:49] {dino} yeah, i'm not doing much
[08:50] {dino} watching dwsn for bottom and actg for spike up to short
[08:50] {dino} serious pin action imo, taking lots to the 5's and 0's
[08:50] {Threei} GNBT...
[08:51] {Threei} hate this stock... but seems to be climbing steadily
[08:52] {bruce} I thought you advised agains t stocks with such a small daily range vad
[08:53] {Threei} that's why I hate it
[08:53] {bruce} lol
[08:53] {Threei} it's eaither swing, or sclap type 1 if you can identify the setup
[08:53] {bruce} fwiw hon has really nice tend too - but who knows where it will reverse - and its nyse
[08:57] {bruce} do you find most of your winning trades tend to work out right away dino?
[08:59] {dino} no, my entries usually suck
[08:59] {dino} expect to be wrong...as i usually lose a dime on entry
[08:59] {bruce} not true - saw youcatch almost exact bottom or top multiple times
[09:00] {dino} small %
[09:00] {Threei} *NOV PHILADELPHIA FED INDEX: 8.2 V 5.0E
[09:00] {dino} but doesn't matter, size and stop matter. profits=luck... losses = skill
[09:00] {Threei} - New Orders: 3.5 v 2.7 prior
[09:00] {Threei} - Employment: 4.8 v 12.6 prior
[09:00] {Threei} - Prices Paid: 37.7 v 40.3 prior
[09:01] {bruce} k
[09:14] {bruce} ntap deciding whether to breakdown
[09:15] {bruce} thought on ntap vad?
[09:17] {dino} ms l .86 hl
[09:21] {Threei} tough one bruce...
[09:22] {bruce} k
[09:23] {dino} ms stop is .69 fwiw
[09:27] {dino} out -.17\
[09:31] {bruce} bad luck today dino
[09:32] {dino} yes, not my day, most likely end in red
[09:36] {bruce} rimm is dropping
[09:38] {dino} appy
[09:40] {dino} hl l .79
[09:44] {dino} stop is .49
[09:45] {bruce} thanx dino
[09:46] {dino} np
[09:53] {dino} almost like double ottom day on rimm, dwsn, rig, nyx, drys, tbsi, etc
[09:54] {dino} bottom
[09:56] {dino} tighen appy to b/e stalled
[09:57] {bruce} yes
[09:57] {bruce} exiting dino
[09:57] {bruce} no nerves today
[09:58] {bruce} gonna take a break
[09:58] {dino} brb
[10:11] {Threei} CSIQ, 16.10 worth a try long if not losing 15.90 anymore
[10:17] {Threei} wow... blast from the past... ADAM
[10:25] {Threei} half lot short ACTG right here
[10:25] {Threei} stop over .60
[10:26] {Threei} just counting in .50 continuing holding
[10:26] {dino} ehth
[10:28] {Threei} still going
[10:33] {dino} missed it
[10:33] {Threei} die ACTG
[10:34] {dino} you took it where?
[10:34] {dino} ok i see above
[10:35] {Threei} .47
[10:37] {Threei} 1:1... feels like has more in it...
[10:37] {Threei} bidding .15
[10:37] {Threei} won't let it go over .35 on me
[10:38] {dino} gj
[10:38] {Threei} half done
[10:38] {Threei} done in full
[10:39] {Threei} that was nice... no upticks, just died
[10:40] {dino} ehth s hl .55, stop .01
[10:41] {dino} gj
[10:44] {dino} bstop to .31
[10:44] {dino} to .12
[10:45] {dino} stopped .10, +.45
[10:46] {Threei} wow, gutsy one
[10:46] {Threei} ugh, ACTG still dropping
[10:46] {dino} something had to work, :)
[10:46] {Threei} LOCM some enthusiasm
[10:46] {dino} big bounce
[10:47] {dino} frpt
[10:49] {dino} frpt l hl .00, stop .73
[10:50] {Threei} some day I will be like dino, and will hold ACTG short for real move :)
[10:52] {dptl} still holding
[10:53] {dino} lol, i only get the big ones when they don't bounce to my trailing stop
[10:53] {Threei} ACTG dp??
[10:53] {dptl} yep
[10:53] {Threei} wow, you are patient one
[10:53] {dino} gj
[10:53] {Threei} this one never did dino... I just bid it into sharp drop
[10:54] {Threei} with trailing it would work for something like 16.80
[10:54] {Threei} and I covered 30 cents higher on average
[10:55] {Threei} I was tempted to say "bidded" but was scared of Raven
[10:56] {dino} lol
[10:56] {Threei} come on dp, it strengthens
[10:57] {Threei} trail to .86
[10:57] {Threei} please?
[10:57] {dptl} ah....covered .82
[10:57] {Threei} wtg
[10:57] {Threei} that was a grown-up trade
[10:57] {Threei} dino-like
[10:58] {dptl} +.58
[10:58] {dino} great job
[10:58] {dptl} thnx
[10:59] {Threei} one such trade can make whole day
[10:59] {Threei} and it was anything but stressful
[10:59] {Threei} lousy 10-15 cents stop
[11:00] {dino} fmcn
[11:01] {dino} apopy stopped -.04
[11:01] {Threei} in FMCN, stop just under .50
[11:01] {Threei} small of course
[11:04] {Threei} bids started chasing up
[11:05] {Threei} come on, move
[11:05] {Threei} nope
[11:06] {Threei} those were all real bids, and got sold into
[11:08] {Threei} can't decide if it's worth a second try
[11:17] {Raven} back ... "bidded" ... ohmygod
[11:18] {bruce} is ohmygod a word raven?
[11:18] {Raven} you bet
[11:18] {bruce} k
[11:18] {bruce} adding it to vacab learned here
[11:18] {Raven} yes
[11:21] {Threei} bidded is just as good as spreaded
[11:21] {Threei} or selled
[11:21] {Threei} or striked
[11:22] {Raven} {}
[11:22] {Raven} sheesh
[11:22] {Threei} {--- hiding
[11:22] {Threei} ummm... I should say "hided"
[11:22] {Raven} that does it
[11:22] * Raven slaps Threei around a bit with a large trout
[11:22] {Threei} uh oh
[11:22] {Threei} hided not too well I see
[11:22] * Raven slaps dino around a bit with a large trout
[11:23] * Raven and Chaeron too
[11:24] * Raven kicks magoo out of his tree stand
[11:25] {bruce} fmcn tricky ba@ta@d
[11:25] {bruce} new low then higher low confirmation of trend reversal
[11:27] {dino} lol\
[11:33] {bruce} dino - you would have given fmcn about 20c from new low for your stop if had traded it as reversal?
[11:39] {dino} y
[11:39] {dino} never hit me i was at 54.05
[11:39] {Threei} raven hit you
[11:39] {Threei} doesa it count?
[11:40] {Threei} I mean he hitted you
[11:40] {Threei} gosh, one day Raven is going to take a trip to Victoria just to suffocate me
[11:41] {bruce} ah - you mean your long entry is at .05 or your stop?
[11:41] {dino} long entry, stop was .69\
[11:41] {bruce} k - got you
[11:41] {dino} figured .00 would hold
[11:41] {dino} not trading it now tho
[11:42] {Raven} lol
[11:42] {bruce} looks like you read it right - doesn't seem to be done dumping yet
[11:42] {dino} can't figure out what this mkt wants today
[11:42] {Raven} your $$
[11:42] {bruce} lol
[11:42] {bruce} raven nailed it
[11:42] {Threei} sure... but why "today"?
[11:43] {Raven} because it is snowing ?
[11:43] {Threei} maybe I am paranoid... but it seems to me it always wants mine
[11:43] {Threei} rarely gets it though
[11:43] {Raven} heh
[11:43] {bruce} lol - got to learn to share vad
[11:43] {Threei} my streak continues so far, no single l,osing day in Nov
[11:44] {Raven} nice
[11:44] {Threei} I shared my fair share in 1996-1998 bruce
[11:44] {bruce} great
[11:44] {Threei} enough is enough
[11:44] {bruce} feel same
[11:44] {Threei} since then sharing goes one way
[11:44] {bruce} done done done w sharing
[11:51] {dino} bidu -24
[11:52] {Threei} -26 you mean
[11:53] {dino} lol
[12:00] {dino} rimm back to 100
[12:09] {Threei} getting tempted by RIMM
[12:09] {dino} same thinking overnight
[12:09] {dino} same w/bidu small
[12:11] {Threei} in for a scalp
[12:11] {Threei} .28
[12:12] {Threei} happily out
[12:12] {Threei} .65
[12:15] {Threei} sigh
[12:15] {Threei} do I ever grow up
[12:17] {bruce} why would you want to vad?
[12:17] {Threei} I wanna be like dino
[12:17] {bruce} would make you an "old fart" as the kids say
[12:17] {bruce} lol
[12:17] {Threei} ummm
[12:17] {Threei} am afraid I am there already, lol
[12:18] {dino} dino is younger than vad
[12:18] {bruce} just get yourself one of those funny circus mirrors
[12:18] {Threei} dino gets bigger moves
[12:18] {bruce} lucky you dino
[12:18] {bruce} youth
[12:18] {dino} missed both, my kids distracted me
[12:18] {bruce} \good lucks
[12:18] {bruce} and good lucks in the markets
[12:18] {bruce} what more could you ask for?
[12:19] {bruce} lol
[12:20] {dino} bidu up 6
[12:22] {bruce} yes -i like dinos plays too- like the larger moves
[12:24] {Threei} don't take my blabbing too seriuosly bruce
[12:24] {Threei} what I do works for me for many years
[12:24] {Threei} indivudual personalitytraits form the way of trading
[12:24] {dino} you have to find your own style bruce.
[12:24] {bruce} understood
[12:24] {Threei} and I am a bit too old to change my personality
[12:25] {Threei} entire process of learning to trade is nothing more than process of learning what you are
[12:26] {Threei} and how to transfer this knowledge into what youi do
[12:26] {dptl} yep...i am still trying to figure that out
[12:26] {bruce} me too
[12:26] {bruce} does shallow count?
[12:27] {Threei} that would be me
[12:27] {dino} lol
[12:27] {Threei} so yes it doesa
[12:27] {bruce} damn - hoped not
[12:27] {Threei} tree good, fire bad
[12:27] {Threei} this deep wisdom is enough to trade correctly
[12:28] {Threei} profit good, loss bad - there, try to beat this
[12:28] {bruce} lol
[12:28] {Threei} now, the real shocker bruce:
[12:28] {bruce} possible reversal setup cmi dino
[12:28] {Threei} if you think the right way to trade is much different from what I just said, you are mistaken
[12:29] {Threei} it's just that it takes a lot of complications to arrive at this simplicity
[12:29] {Threei} but when things click for you, you find out that this is really that simple
[12:29] {bruce} well - starting to think I'm just cursed
[12:30] {bruce} would have quit long ago if had any brains
[12:30] {Threei} there is a good reason why dino repeats all the time "keep it simple"
[12:30] {Threei} noone is cursed
[12:30] {Threei} you are looking in a wrong place
[12:31] {Threei} and if I thought like that, I would have quit somewhere in a course of my first two years
[12:31] {Threei} what a shame that would be
[12:31] {Threei} RIMM ready again
[12:31] {bruce} you haven't noticed my knack for jinxing your own callsw?
[12:32] {Threei} nope
[12:32] {Threei} you just pick out of them
[12:32] {Threei} some work some don't
[12:32] {Threei} normal for me
[12:32] {Threei} most work as you can see easily if you go over log
[12:34] {Threei} but when you try to pick only working ones you ruin the very core of the approach
[12:34] {dino} right
[12:34] {dino} 'cause you mess w/the system
[12:34] {dino} crrc
[12:34] {bruce} I don't do that though
[12:34] {Threei} yep, tryying to beat the odds
[12:34] {Threei} no?
[12:35] {bruce} laptop is not in direct view
[12:35] {Threei} each day you follow several losing ones while skipping several winning ones
[12:35] {bruce} so sometimesw I don't see trade till after it fires
[12:35] {dino} thin
[12:35] {dino} ccrc i mean
[12:35] {Threei} didn't think you meant me
[12:35] {Threei} 'cause am not
[12:36] {Threei} but am trying
[12:36] {Threei} diet... exericise...
[12:41] {Raven} lol
[12:43] {Threei} tell me you got RIMM near 101 dino
[12:44] {dino} cmi l hl .75
[12:44] {Threei} 'cause I did... but being putz I am sold 101.65
[12:44] {dino} stop lod
[12:46] {dino} no
[12:46] {dino} cmi instead
[12:46] {Threei} :(
[12:46] {Threei} you would have held to 103
[12:46] {Threei} unlike shmuck me
[12:46] * Threei slaps dptl around a bit with a large trout
[12:46] {Threei} there... I feel better now
[12:47] {dptl} i would...lol
[12:47] {Threei} lol
[12:48] {Threei} underexploited RIMM today for some reason
[12:48] {Threei} just 3 trades
[12:48] {bruce} cmi w 113 breakand 112.50 stop dino?
[12:49] {dino} y
[12:49] {bruce} k
[12:49] {bruce} maybe i'm learning
[12:53] {Threei} argh
[12:53] {Threei} missed RIMM on dive under 102
[12:53] {Threei} wanted last scalp for the day
[12:54] {bruce} since when you starte to play stuff like rimm vad?
[12:55] {Threei} when it became readable
[12:55] {Threei} it stops I quit
[12:55] {Threei} I don't really have any preferences for stocks, I go where activity and readability is
[12:55] {Threei} and risk control within my tolerance of course
[12:56] {Threei} never could control DRYS for instance, never playing it
[12:56] {Threei} same for GOOG
[12:56] {Threei} very rarely BIDU
[12:56] {Threei} LULU was readable for a while then stopped
[12:56] {dino} frpt out flat
[12:57] {Threei} RIMM is great player these days, I am close to 80% on it
[12:57] {Threei} AAPL, AMZN same thing - sometimes can get a read on them, more often not
[12:57] {bruce} k
[12:58] {Threei} when there are no easy momo stocks, I just surf over all the usual suspects
[12:58] {Threei} if one of them shows good read, I founf my bread and butter for the time being
[12:59] {dino} cmi out .73-.02
[13:00] {Threei} ok guys, thank you
[13:00] {Threei} have a great evcening
[13:00] {Threei} see you tomorrow
[13:00] {bruce} wtg dino
[13:00] {bruce} thought you would get stopped
[13:00] {dino} had .50, but f'ck'd up
[13:00] {dino} down day, hope i didn't hurt anyone
[13:01] {bruce} it dropped below .5
[13:01] {Threei} you hurt my faith in humanity dino
[13:01] {bruce} worked ok to hold and get out at be
[13:01] {dino} i was in at .75, see above
[13:01] {bruce} yes
[13:01] {bruce} good exit
[13:02] {dino} 70$+ stocks i use about .50 on the stops
[13:02] {bruce} k
[13:02] {bruce} was thinking same
[13:02] {bruce} still pretty tight for those moves
[13:02] {bruce} they go tht fqar in 1 min candle
[13:03] {bruce} 6 down days in row for me
[13:03] {bruce} see you guys in am
[13:03] {dino} later bruce
[13:03] {bruce} yep
Session Time: Thu Nov 15 00:00:00 2007
[05:27] {bruce} morning all
[05:36] {Threei} morning bruce
[05:37] {Threei} *OCT CONSUME PRICE INDEX M/M: 0.3% V 0.3%E, CPI EX FOOD_ENERGY M/M: 0.2% V 0.2%E, CPI NSA: 208.936 V 208.900
[05:37] {Threei} *INITIAL JOBLESS CLAIMS: 339K V 320KE, CONTINUING CLAIMS:2.568 M V 2.575ME
[05:37] {Threei} - Prior Continuing Claims revised from 2.579M to 2.575M
[05:38] {Threei} *NOV EMPIRE MANUFACTURING: 27.4 V 19.0E
[05:39] {hawkfan4} good morning vad
[05:41] {bruce} hello hawk
[05:43] {Threei} hawk :)
[05:45] {hawkfan4} morning bruce
[05:45] {bruce} do you need to reset laser charts every morning vad?
[05:45] {Threei} no why?
[05:45] {bruce} I keep a few small thmbnail charts always open
[05:45] {bruce} each morning about half never open
[05:46] {bruce} I need to type in new stock symbol to get them to display anything
[05:46] {Threei} did you save the layout after you made changes?
[05:46] {bruce} yes
[05:46] {Threei} wait... never opens as in don't show anything, remaining blank? or window itself doesn't appear?
[05:46] {bruce} not a big deal
[05:46] {bruce} just a nuisance
[05:47] {bruce} well for example
[05:47] {bruce} one chart is of rimm
[05:47] {bruce} it says rimm
[05:47] {cosmo} ADLS pre mkt high = 2.95 ...so far
[05:47] {bruce} but nothing is showing
[05:47] {bruce} and there is an x in left corner
[05:48] {Threei} X is a sign that chart is not working, yes
[05:48] {bruce} if I type ibm that stock comes up ok
[05:48] {bruce} then I can type rimm again and it will be ok
[05:48] {Threei} but why it happens for you and not for me... no idea
[05:48] {bruce} I'm using vista
[05:48] {Threei} argh
[05:48] {Threei} POS
[05:48] {bruce} may be a glitch
[05:49] {bruce} about half come up and half dont
[05:49] {Threei} [ADLS] Advanced Life Sciences Cethromycin Achieves All Endpoints in Second Pivotal Phase III Trial for Treatment of Pneumonia
[05:50] {Threei} will be years or some unexpected event that makes me switch to vista
[05:52] {dptl} good morning all
[05:53] {Threei} dp :)
[05:53] {cosmo} LOCM pre mkt high = 4.51 ...so far
[05:53] {Threei} I don't see any LOCM news
[05:54] {cosmo} Local.com begins licensing local search tdchnology
[05:54] {cosmo} Briefing.com (Thu 7:02am)
[05:54] {Threei} ty
[05:54] {cosmo} :)
[05:55] {Threei} OPEC PRESIDENT: HIGH OIL PRICES ARE POTENTIALLY DANGEROUS; HIGH OIL PRICES HAVE A LIMITED IMPACT ON DEMAND
[05:55] {bruce} hi dp, cosmo
[05:55] {cosmo} bruce:)
[05:58] {Threei} NUAN GUIDES FY08 R$875-900M V 864.7M
[06:02] {esemde} good morning ....NUAN is back ehhhhhh
[06:02] {Threei} ese :)
[06:02] {Threei} morning fingers warm-up
[06:02] {Threei} grabbed half lot at 20, bailed at 20.07 and .06
[06:02] {Threei} made whole 25 bucks
[06:03] {esemde} nice work.....pre a post trding is a tough business
[06:03] {Threei} MICROSOFT TO PAY $46M TO ACQUIRE MUSICWAVE SA FROM OPWV
[06:03] {Threei} something's wrong with NUAN
[06:04] {Threei} dumping like there is no tomorrow
[06:04] {Threei} or there is but very bleak
[06:04] {bruce} hi ese
[06:05] {bruce} how are you dealaing w new celebrity status?
[06:06] {bruce} rimm appears to be at premarket low
[06:06] {dino} gm all;
[06:06] {bruce} want to try a bouce vad?
[06:07] {Threei} dino :)
[06:07] {bruce} hi dino
[06:07] {Threei} he is not really NEW celebrity bruce... name him to practically anyone in music scene here, everyone nods
[06:07] {Threei} bounce on what?
[06:07] {Threei} NUAN?
[06:07] {bruce} no answer - hes proably signing autographs right now
[06:07] {dino} gm bruce
[06:07] {bruce} rimm
[06:07] {Threei} or instructing his bodyguards to keep you away bruce
[06:08] {bruce} you bet - I'm dangerous
[06:08] {Threei} hmmm... not sure
[06:08] {Threei} RIMM is dangerous as it is, multiply by 3 premarket
[06:08] {bruce} about dangerous or the bounce?
[06:09] {Threei} lol, bounce
[06:09] {bruce} k
[06:09] {Threei} my take on premarket trading:
[06:10] {Threei} it takes something very very clear or extraordinary to make me do it
[06:11] {Threei} routine opportinities will be presented all over during normal market hours, why would I want to chase them in more risky premarket environment
[06:11] {bruce} k - same
[06:11] {bruce} I start looking at charts about premarket open - but don't trade those
[06:11] {Threei} same
[06:11] {bruce} spreads too big
[06:11] {Threei} shape up initial universe of stocks to watch
[06:15] {Threei} NTAP is back to yesterday's close
[06:24] {Roman} LDK alert
[06:25] {Roman} LDK sees Q4 $0.37-0.41 vs $0.39 Reuters consensus; sees revs $165-170 mln vs $163.12 mln Reuters consensus
[06:25] {Threei} too bad I couldn't short it for long term hold
[06:32] {Threei} NTAP short ,89
[06:32] {Threei} 27.01 stop
[06:33] {dino} rig hl l .13
[06:33] {Threei} out .65
[06:33] {dino} stop lod
[06:33] {Threei} 1:3 in seconds
[06:34] {Threei} 1:2 sorry
[06:34] {Threei} and if I had just a bit more patience...
[06:34] {bruce} missed it completely
[06:34] {bruce} never got it up in time
[06:34] {Roman} ETFC
[06:34] {bruce} nice trade bvad
[06:34] {Threei} it was there for a while after my post...
[06:36] {esemde} long CSIQ 14.93....
[06:36] {bruce} what do you call that ?
[06:36] {bruce} short continuation on pullback?
[06:37] {Threei} just short...
[06:37] {Threei} nice CSIQ ese
[06:39] {Threei} half out?
[06:40] {esemde} out CSIQ .35 +.42
[06:40] {Threei} wtg
[06:40] {esemde} still goin but i'll take my .42
[06:41] {dino} gj
[06:42] {Threei} as much as I would like to tell you "no, hold it"... my hardcore scalper's nature prevents me from lecturing anyone of taking profit :)
[06:42] {esemde} if it retraces i'lll think about the pull back
[06:42] {Threei} or consolidates and forms a range for breakout
[06:42] {Threei} SEED
[06:43] {esemde} yes
[06:43] {Threei} I don't swee any SEED news
[06:43] {Roman} GIGM
[06:43] {Roman} long off 21
[06:43] {Threei} thing dropped from highs deep enough to beconme a bounce play
[06:44] {Threei} 6.67 long half lot
[06:44] {Threei} OPEC PRESIDENT SAYS WILL NOT HESITATE TO INCREASE OUTPUT IF WARRANTED BY SHORTAGES
[06:46] {Threei} sheesh NTAP
[06:47] {bruce} ptry
[06:47] {Threei} living proof why I have no rights to tell anyone to hold longer
[06:47] {Threei} 09:46:50 ADMIN7 --} (All): NASDAQ has declared Self Help against the New York Stock Exchange (NYSE) as/of 9:34:45 E.T
[06:47] {Threei} what the heck does that mean
[06:48] {bruce} hmmm - maybe they're offering relaxation courses to nyse market makers?
[06:49] {dino} rig stopped -.34
[06:49] {Threei} 09:49:16 ADMIN7 --} (All): NYSE having systemwide problems!
[06:51] {esemde} long ESLR 13.23
[06:54] {esemde} out ESLR .43 +.20 scalp
[06:54] {Threei} wtg
[06:54] {Threei} ese is hot
[06:54] {Threei} if a quote is not updating, a market center can declare self-help, and must notify the destination(s) of its order flow that a self-help situation exists. In such a situation, NASDAQ will turn off its router to the market center (as it has in the past). What is new is the explicit declaration of a self-help situation.
[06:54] {esemde} tks....
[06:55] {bruce} congrats ese
[06:55] {bruce} no idea at all how you saw eslr as a ong but gald it worked for you
[06:56] {dino} gsol l .92, stop .46
[06:56] {esemde} done for the day basically....
[06:56] {Threei} ese is my hero... wake up, grab easy money, go about your life... or back to sleep
[06:57] {dino} great job ese
[06:57] {esemde} tks Vad....have a good mentor
[06:57] {esemde} Am just going to be watching and enjoying you all
[06:58] {Threei} care to introduce me to him?
[06:58] {esemde} sure he make great shikabob
[06:58] {Threei} OK, I think I finally found it
[06:58] {Threei} Nasdaq Self Help Declarations/Revocations messages (“Notices”). These Notices will alert participants that Nasdaq is experiencing communications issues with a particular market center. It is intended to cause members to perform an independent review of their communications with that market center and assess their trading obligations with respect to that market
[06:59] {Threei} just an aleret about troubles at certain market
[06:59] {bruce} translation - dont trade nyse now
[06:59] {Threei} yep, and for NYSE - "get your sh*t together
[07:00] {Threei} Roman's SATC is trying
[07:01] {Threei} CSIQ again
[07:01] {Threei} .20 break half lot long
[07:01] {dino} gsol stopped , major slippage -.60
[07:01] {Threei} only if stays above 16
[07:01] {bruce} yep - really rinsed on that one
[07:02] {dino} nose bleeding, they tagged me
[07:02] {Threei} CSIQ 1:1
[07:03] {Threei} exit into spike
[07:03] {Threei} out .60
[07:03] {esemde} nice work....
[07:03] {Threei} quick and easy .37, got it at .23
[07:03] {esemde} see.... i said i'd enjoy this
[07:04] {Threei} :)
[07:04] {dino} ati hl l .25, stop .83
[07:06] {dino} stopped. taking a break
[07:07] {bruce} major downspike - good you got out dino
[07:08] {Threei} 16.80 break CSIQ again, small shares
[07:08] {dino} yeah
[07:08] {Threei} geting riskier as moves higher
[07:08] {dino} off of .00 try again
[07:08] {dino} mkt wants up imo
[07:09] {Threei} exit here
[07:09] {Threei} quick 25 cents
[07:09] {dino} ok
[07:10] {bruce} nice vad - I didn't take it - looked like stop was about .29?
[07:10] {Threei} {--- major source of ese's enetrainment this morning
[07:10] {Threei} .29??
[07:10] {Threei} no way
[07:10] {Roman} long ESLR
[07:11] {bruce} k - thats last low I saw on one min
[07:11] {Threei} two bars before the break bottomed just above .50
[07:12] {dino} the only bar i see is a block up the street
[07:12] {bruce} k - I see that too
[07:12] {bruce} just wondering where I would have set stop if had taken it
[07:13] {bruce} thanx
[07:13] {Threei} I would replace it with candles dini, but I am scared even to think what kkinf of associations that could inbvoke in you
[07:14] {dino} lol
[07:14] {Threei} :)
[07:14] {Threei} NTAP .51 long
[07:14] {Threei} .39 stop
[07:15] {Threei} sheesh CSIQ
[07:15] {esemde} No kidding....
[07:16] {esemde} wowwwww
[07:17] {bruce} stopped ntap
[07:19] {dino} dwsn pop
[07:20] {Threei} DTSI small shares long if breaks .28
[07:21] {Threei} CSUN
[07:21] {Threei} .85 half lot long
[07:22] {bruce} stop .14 dtsi vad?
[07:22] {Threei} yes but slippage will likely take you out under .10
[07:22] {Threei} so small shares
[07:23] {bruce} k
[07:23] {Threei} ugh... mistype CSUN
[07:23] {Threei} .55 trigger
[07:24] {bruce} was wondering about that
[07:24] {bruce} big offer at .58 vad
[07:24] {Threei} and big bid at .50...
[07:24] {Threei} momo comes they all don't matter
[07:25] {bruce} k
[07:25] {Threei} no momo, even 1K offer will scare them off
[07:31] {Threei} *DOE CRUDE: +2.8M V -750KE; GASOLINE: +714K V -100KE; DISTILLATES: -2M V -200KE; UTILIZATION: 87.7 % V 86.7%E
[07:31] {Threei} *EIA NATURAL GAS INVENTORIES: -9BCF VS. -5 TO -10 BCF EXPECTED RANGE
[07:31] {bruce} csun stop to .39 would think?
[07:31] {Threei} yup
[07:32] {Threei} we are swimming in oil according to those numbers or what
[07:35] {bruce} bloody hell - stopped
[07:35] {bruce} sheesh
[07:37] {dino} thatkkind of day sop far, stops
[07:43] {Threei} CSIQ bounce candidate
[07:44] {Threei} as close to 16 as possible
[07:47] {Threei} missed... wanted it lower
[07:49] {bruce} actg long vad?
[07:50] {Threei} .40 break...
[07:50] {Threei} worth a try, half lot
[07:50] {Threei} stop would have to be under .20
[07:51] {bruce} k - was hoping .25 would be reasonalbe stop
[07:51] {Threei} .24
[07:52] {Threei} best I can do, sorry :)
[07:52] {Threei} I would have to go to my super to get you a better price
[07:52] {bruce} lol - understood - got to listen to market
[07:54] {Roman} SATC
[07:57] {dino} rimm 105
[07:57] {Roman} LOCM high
[07:59] {Threei} very nice read on SATC roman
[07:59] {Threei} I wish I had patience for this kind
[08:02] {Threei} bruce
[08:02] {Threei} offer it out
[08:02] {Threei} it's trading above 1:1 at the offer
[08:03] {Roman} GIGM spike
[08:03] {bruce} out
[08:03] {Threei} good
[08:03] {bruce} thanx
[08:03] {Threei} I don't care what it does next, you just need a win
[08:03] {bruce} 3 stops 1 win
[08:04] {bruce} probably should have stopped for day already butglad that one worked
[08:04] {Threei} I don't want to overdrill it... but review the calls
[08:04] {Threei} you skipped all winning ones, and fairly decent size of wins,
[08:04] {Threei} and picked two small stops
[08:05] {bruce} yes - missed winners
[08:06] {bruce} typical
[08:06] {Threei} the day you know why you do it, or learn how to overcome this is the day tyour trading turns around
[08:07] {bruce} it wan't intentional vad
[08:07] {bruce} busy looking for trades and look at this screen intermittently
[08:07] {Threei} of course not
[08:08] {Threei} but when it happens so often that you label it as typical
[08:08] {Threei} it's not an accident
[08:08] {bruce} it is typical
[08:08] {Threei} it's a pattern
[08:08] {bruce} you've seen it
[08:08] {bruce} don't see how that canhappen over and over
[08:08] {Threei} I have
[08:08] {bruce} I'm not screening what I take
[08:14] {esemde} have a great rest of the day everyone.....
[08:14] {bruce} see you ese
[08:14] {Threei} take cares ese
[08:14] {esemde} see ya bruce Vad...
[08:19] {bruce} wow - actg - wish I'd held half
[08:19] {Threei} no you don't
[08:22] {bruce} loh_ was good to exit withwin on all of it for sure
[08:30] {bruce} bucy dino
[08:33] {dino} dk
[08:35] {bruce} nyse is having connection issues dino
[08:36] {bruce} any read bphx vad?
[08:36] {Threei} not really
[08:37] {Threei} can do anything here
[08:37] {bruce} k
[08:44] {dino} abii
[08:45] {dino} can't be right
[08:45] {dino} spinoff
[08:46] {Threei} eeck
[08:47] {dino} for the mkt being down only a couple, stocks i watch are getting crushed
[08:47] {bruce} wow - almost 9$ spread
[08:48] {dino} we missed that, should've took a 100 shares short
[08:48] {bruce} probably not a great time to be swing trading - stocks seem to be pretty erratic
[08:49] {bruce} shell shocked here dino- looking for something a bit safer
[08:49] {dino} yeah, i'm not doing much
[08:50] {dino} watching dwsn for bottom and actg for spike up to short
[08:50] {dino} serious pin action imo, taking lots to the 5's and 0's
[08:50] {Threei} GNBT...
[08:51] {Threei} hate this stock... but seems to be climbing steadily
[08:52] {bruce} I thought you advised agains t stocks with such a small daily range vad
[08:53] {Threei} that's why I hate it
[08:53] {bruce} lol
[08:53] {Threei} it's eaither swing, or sclap type 1 if you can identify the setup
[08:53] {bruce} fwiw hon has really nice tend too - but who knows where it will reverse - and its nyse
[08:57] {bruce} do you find most of your winning trades tend to work out right away dino?
[08:59] {dino} no, my entries usually suck
[08:59] {dino} expect to be wrong...as i usually lose a dime on entry
[08:59] {bruce} not true - saw youcatch almost exact bottom or top multiple times
[09:00] {dino} small %
[09:00] {Threei} *NOV PHILADELPHIA FED INDEX: 8.2 V 5.0E
[09:00] {dino} but doesn't matter, size and stop matter. profits=luck... losses = skill
[09:00] {Threei} - New Orders: 3.5 v 2.7 prior
[09:00] {Threei} - Employment: 4.8 v 12.6 prior
[09:00] {Threei} - Prices Paid: 37.7 v 40.3 prior
[09:01] {bruce} k
[09:14] {bruce} ntap deciding whether to breakdown
[09:15] {bruce} thought on ntap vad?
[09:17] {dino} ms l .86 hl
[09:21] {Threei} tough one bruce...
[09:22] {bruce} k
[09:23] {dino} ms stop is .69 fwiw
[09:27] {dino} out -.17\
[09:31] {bruce} bad luck today dino
[09:32] {dino} yes, not my day, most likely end in red
[09:36] {bruce} rimm is dropping
[09:38] {dino} appy
[09:40] {dino} hl l .79
[09:44] {dino} stop is .49
[09:45] {bruce} thanx dino
[09:46] {dino} np
[09:53] {dino} almost like double ottom day on rimm, dwsn, rig, nyx, drys, tbsi, etc
[09:54] {dino} bottom
[09:56] {dino} tighen appy to b/e stalled
[09:57] {bruce} yes
[09:57] {bruce} exiting dino
[09:57] {bruce} no nerves today
[09:58] {bruce} gonna take a break
[09:58] {dino} brb
[10:11] {Threei} CSIQ, 16.10 worth a try long if not losing 15.90 anymore
[10:17] {Threei} wow... blast from the past... ADAM
[10:25] {Threei} half lot short ACTG right here
[10:25] {Threei} stop over .60
[10:26] {Threei} just counting in .50 continuing holding
[10:26] {dino} ehth
[10:28] {Threei} still going
[10:33] {dino} missed it
[10:33] {Threei} die ACTG
[10:34] {dino} you took it where?
[10:34] {dino} ok i see above
[10:35] {Threei} .47
[10:37] {Threei} 1:1... feels like has more in it...
[10:37] {Threei} bidding .15
[10:37] {Threei} won't let it go over .35 on me
[10:38] {dino} gj
[10:38] {Threei} half done
[10:38] {Threei} done in full
[10:39] {Threei} that was nice... no upticks, just died
[10:40] {dino} ehth s hl .55, stop .01
[10:41] {dino} gj
[10:44] {dino} bstop to .31
[10:44] {dino} to .12
[10:45] {dino} stopped .10, +.45
[10:46] {Threei} wow, gutsy one
[10:46] {Threei} ugh, ACTG still dropping
[10:46] {dino} something had to work, :)
[10:46] {Threei} LOCM some enthusiasm
[10:46] {dino} big bounce
[10:47] {dino} frpt
[10:49] {dino} frpt l hl .00, stop .73
[10:50] {Threei} some day I will be like dino, and will hold ACTG short for real move :)
[10:52] {dptl} still holding
[10:53] {dino} lol, i only get the big ones when they don't bounce to my trailing stop
[10:53] {Threei} ACTG dp??
[10:53] {dptl} yep
[10:53] {Threei} wow, you are patient one
[10:53] {dino} gj
[10:53] {Threei} this one never did dino... I just bid it into sharp drop
[10:54] {Threei} with trailing it would work for something like 16.80
[10:54] {Threei} and I covered 30 cents higher on average
[10:55] {Threei} I was tempted to say "bidded" but was scared of Raven
[10:56] {dino} lol
[10:56] {Threei} come on dp, it strengthens
[10:57] {Threei} trail to .86
[10:57] {Threei} please?
[10:57] {dptl} ah....covered .82
[10:57] {Threei} wtg
[10:57] {Threei} that was a grown-up trade
[10:57] {Threei} dino-like
[10:58] {dptl} +.58
[10:58] {dino} great job
[10:58] {dptl} thnx
[10:59] {Threei} one such trade can make whole day
[10:59] {Threei} and it was anything but stressful
[10:59] {Threei} lousy 10-15 cents stop
[11:00] {dino} fmcn
[11:01] {dino} apopy stopped -.04
[11:01] {Threei} in FMCN, stop just under .50
[11:01] {Threei} small of course
[11:04] {Threei} bids started chasing up
[11:05] {Threei} come on, move
[11:05] {Threei} nope
[11:06] {Threei} those were all real bids, and got sold into
[11:08] {Threei} can't decide if it's worth a second try
[11:17] {Raven} back ... "bidded" ... ohmygod
[11:18] {bruce} is ohmygod a word raven?
[11:18] {Raven} you bet
[11:18] {bruce} k
[11:18] {bruce} adding it to vacab learned here
[11:18] {Raven} yes
[11:21] {Threei} bidded is just as good as spreaded
[11:21] {Threei} or selled
[11:21] {Threei} or striked
[11:22] {Raven} {}
[11:22] {Raven} sheesh
[11:22] {Threei} {--- hiding
[11:22] {Threei} ummm... I should say "hided"
[11:22] {Raven} that does it
[11:22] * Raven slaps Threei around a bit with a large trout
[11:22] {Threei} uh oh
[11:22] {Threei} hided not too well I see
[11:22] * Raven slaps dino around a bit with a large trout
[11:23] * Raven and Chaeron too
[11:24] * Raven kicks magoo out of his tree stand
[11:25] {bruce} fmcn tricky ba@ta@d
[11:25] {bruce} new low then higher low confirmation of trend reversal
[11:27] {dino} lol\
[11:33] {bruce} dino - you would have given fmcn about 20c from new low for your stop if had traded it as reversal?
[11:39] {dino} y
[11:39] {dino} never hit me i was at 54.05
[11:39] {Threei} raven hit you
[11:39] {Threei} doesa it count?
[11:40] {Threei} I mean he hitted you
[11:40] {Threei} gosh, one day Raven is going to take a trip to Victoria just to suffocate me
[11:41] {bruce} ah - you mean your long entry is at .05 or your stop?
[11:41] {dino} long entry, stop was .69\
[11:41] {bruce} k - got you
[11:41] {dino} figured .00 would hold
[11:41] {dino} not trading it now tho
[11:42] {Raven} lol
[11:42] {bruce} looks like you read it right - doesn't seem to be done dumping yet
[11:42] {dino} can't figure out what this mkt wants today
[11:42] {Raven} your $$
[11:42] {bruce} lol
[11:42] {bruce} raven nailed it
[11:42] {Threei} sure... but why "today"?
[11:43] {Raven} because it is snowing ?
[11:43] {Threei} maybe I am paranoid... but it seems to me it always wants mine
[11:43] {Threei} rarely gets it though
[11:43] {Raven} heh
[11:43] {bruce} lol - got to learn to share vad
[11:43] {Threei} my streak continues so far, no single l,osing day in Nov
[11:44] {Raven} nice
[11:44] {Threei} I shared my fair share in 1996-1998 bruce
[11:44] {bruce} great
[11:44] {Threei} enough is enough
[11:44] {bruce} feel same
[11:44] {Threei} since then sharing goes one way
[11:44] {bruce} done done done w sharing
[11:51] {dino} bidu -24
[11:52] {Threei} -26 you mean
[11:53] {dino} lol
[12:00] {dino} rimm back to 100
[12:09] {Threei} getting tempted by RIMM
[12:09] {dino} same thinking overnight
[12:09] {dino} same w/bidu small
[12:11] {Threei} in for a scalp
[12:11] {Threei} .28
[12:12] {Threei} happily out
[12:12] {Threei} .65
[12:15] {Threei} sigh
[12:15] {Threei} do I ever grow up
[12:17] {bruce} why would you want to vad?
[12:17] {Threei} I wanna be like dino
[12:17] {bruce} would make you an "old fart" as the kids say
[12:17] {bruce} lol
[12:17] {Threei} ummm
[12:17] {Threei} am afraid I am there already, lol
[12:18] {dino} dino is younger than vad
[12:18] {bruce} just get yourself one of those funny circus mirrors
[12:18] {Threei} dino gets bigger moves
[12:18] {bruce} lucky you dino
[12:18] {bruce} youth
[12:18] {dino} missed both, my kids distracted me
[12:18] {bruce} \good lucks
[12:18] {bruce} and good lucks in the markets
[12:18] {bruce} what more could you ask for?
[12:19] {bruce} lol
[12:20] {dino} bidu up 6
[12:22] {bruce} yes -i like dinos plays too- like the larger moves
[12:24] {Threei} don't take my blabbing too seriuosly bruce
[12:24] {Threei} what I do works for me for many years
[12:24] {Threei} indivudual personalitytraits form the way of trading
[12:24] {dino} you have to find your own style bruce.
[12:24] {bruce} understood
[12:24] {Threei} and I am a bit too old to change my personality
[12:25] {Threei} entire process of learning to trade is nothing more than process of learning what you are
[12:26] {Threei} and how to transfer this knowledge into what youi do
[12:26] {dptl} yep...i am still trying to figure that out
[12:26] {bruce} me too
[12:26] {bruce} does shallow count?
[12:27] {Threei} that would be me
[12:27] {dino} lol
[12:27] {Threei} so yes it doesa
[12:27] {bruce} damn - hoped not
[12:27] {Threei} tree good, fire bad
[12:27] {Threei} this deep wisdom is enough to trade correctly
[12:28] {Threei} profit good, loss bad - there, try to beat this
[12:28] {bruce} lol
[12:28] {Threei} now, the real shocker bruce:
[12:28] {bruce} possible reversal setup cmi dino
[12:28] {Threei} if you think the right way to trade is much different from what I just said, you are mistaken
[12:29] {Threei} it's just that it takes a lot of complications to arrive at this simplicity
[12:29] {Threei} but when things click for you, you find out that this is really that simple
[12:29] {bruce} well - starting to think I'm just cursed
[12:30] {bruce} would have quit long ago if had any brains
[12:30] {Threei} there is a good reason why dino repeats all the time "keep it simple"
[12:30] {Threei} noone is cursed
[12:30] {Threei} you are looking in a wrong place
[12:31] {Threei} and if I thought like that, I would have quit somewhere in a course of my first two years
[12:31] {Threei} what a shame that would be
[12:31] {Threei} RIMM ready again
[12:31] {bruce} you haven't noticed my knack for jinxing your own callsw?
[12:32] {Threei} nope
[12:32] {Threei} you just pick out of them
[12:32] {Threei} some work some don't
[12:32] {Threei} normal for me
[12:32] {Threei} most work as you can see easily if you go over log
[12:34] {Threei} but when you try to pick only working ones you ruin the very core of the approach
[12:34] {dino} right
[12:34] {dino} 'cause you mess w/the system
[12:34] {dino} crrc
[12:34] {bruce} I don't do that though
[12:34] {Threei} yep, tryying to beat the odds
[12:34] {Threei} no?
[12:35] {bruce} laptop is not in direct view
[12:35] {Threei} each day you follow several losing ones while skipping several winning ones
[12:35] {bruce} so sometimesw I don't see trade till after it fires
[12:35] {dino} thin
[12:35] {dino} ccrc i mean
[12:35] {Threei} didn't think you meant me
[12:35] {Threei} 'cause am not
[12:36] {Threei} but am trying
[12:36] {Threei} diet... exericise...
[12:41] {Raven} lol
[12:43] {Threei} tell me you got RIMM near 101 dino
[12:44] {dino} cmi l hl .75
[12:44] {Threei} 'cause I did... but being putz I am sold 101.65
[12:44] {dino} stop lod
[12:46] {dino} no
[12:46] {dino} cmi instead
[12:46] {Threei} :(
[12:46] {Threei} you would have held to 103
[12:46] {Threei} unlike shmuck me
[12:46] * Threei slaps dptl around a bit with a large trout
[12:46] {Threei} there... I feel better now
[12:47] {dptl} i would...lol
[12:47] {Threei} lol
[12:48] {Threei} underexploited RIMM today for some reason
[12:48] {Threei} just 3 trades
[12:48] {bruce} cmi w 113 breakand 112.50 stop dino?
[12:49] {dino} y
[12:49] {bruce} k
[12:49] {bruce} maybe i'm learning
[12:53] {Threei} argh
[12:53] {Threei} missed RIMM on dive under 102
[12:53] {Threei} wanted last scalp for the day
[12:54] {bruce} since when you starte to play stuff like rimm vad?
[12:55] {Threei} when it became readable
[12:55] {Threei} it stops I quit
[12:55] {Threei} I don't really have any preferences for stocks, I go where activity and readability is
[12:55] {Threei} and risk control within my tolerance of course
[12:56] {Threei} never could control DRYS for instance, never playing it
[12:56] {Threei} same for GOOG
[12:56] {Threei} very rarely BIDU
[12:56] {Threei} LULU was readable for a while then stopped
[12:56] {dino} frpt out flat
[12:57] {Threei} RIMM is great player these days, I am close to 80% on it
[12:57] {Threei} AAPL, AMZN same thing - sometimes can get a read on them, more often not
[12:57] {bruce} k
[12:58] {Threei} when there are no easy momo stocks, I just surf over all the usual suspects
[12:58] {Threei} if one of them shows good read, I founf my bread and butter for the time being
[12:59] {dino} cmi out .73-.02
[13:00] {Threei} ok guys, thank you
[13:00] {Threei} have a great evcening
[13:00] {Threei} see you tomorrow
[13:00] {bruce} wtg dino
[13:00] {bruce} thought you would get stopped
[13:00] {dino} had .50, but f'ck'd up
[13:00] {dino} down day, hope i didn't hurt anyone
[13:01] {bruce} it dropped below .5
[13:01] {Threei} you hurt my faith in humanity dino
[13:01] {bruce} worked ok to hold and get out at be
[13:01] {dino} i was in at .75, see above
[13:01] {bruce} yes
[13:01] {bruce} good exit
[13:02] {dino} 70$+ stocks i use about .50 on the stops
[13:02] {bruce} k
[13:02] {bruce} was thinking same
[13:02] {bruce} still pretty tight for those moves
[13:02] {bruce} they go tht fqar in 1 min candle
[13:03] {bruce} 6 down days in row for me
[13:03] {bruce} see you guys in am
[13:03] {dino} later bruce
[13:03] {bruce} yep
