Apr 29 2008
Session Time: Tue Apr 29 00:00:00 2008
[08:21] {Threei} SDTH
[08:21] {Threei} ADDS THREE NEW CUSTOMERS, UPDATES INTERNATIONAL MARKET EXPANSION
- Announced it has successfully added three international customers in the first quarter of 2008, and is in active discussions with more than 10 potential international customers.
[08:43] {hawkfan4} good morning
[08:43] {Threei} Good morning
[08:50] {dptl} good morning all
[08:50] {Threei} dp :)
[08:51] {Onix} Good morning all you hard-working people!
[08:51] {Threei} onix :)
[08:51] {Threei} that's flattering for us, very lazy types
[08:52] {hawkfan4} great, now i feel like i have to get out of my pj's :)
[08:52] {Threei} oh no
[08:52] {Onix} oh no, this scalping/trading business is very "hard" work ... well, difficult is the beter word I suppose
[08:52] {dino} gm all
[08:52] {Threei} that could start dangerous trend
[08:52] {Threei} dino :)
[08:53] {Threei} it's not really, Onix
[08:53] {Threei} or, I better put it this way
[08:53] {Threei} it is what you chose it to be
[08:54] {Threei} interestingly enough most sucessful are those who chose it to be fun
[08:54] {Onix} whaw ... that seems a long way off for me
[08:55] {Threei} follow the process, you'll get there
[08:55] {Onix} but I can see your point .. it could certainly be a lot of fun once you know what you're doing
[08:55] {Threei} yes, and the best part is:
[08:55] {Threei} it's not a rocket science
[08:56] {Threei} if there are obstacles on this path, those are barricades you erect within yourself
[08:56] {Threei} pure technicals aspects of trading ar fairly simple
[08:57] {Threei} unless you elect to mire yourself down in zillion of indicators and studies
[08:57] {Onix} have not read you latest part of the psychology on the blog, but I believe you 100%
[08:57] {Threei} as you can imagine, during my time in markets I've seen many failed traders,
[08:58] {Threei} so let me tell you this:
[08:58] {Threei} none of them failed because they couldn't get down technical aspects of trading
[08:58] {magoo} morning
[08:58] {Threei} literally, NONE
[08:58] {Threei} mags :)
[08:59] {Onix} so, reading the setups and the entering & exiting are not the worst of it?
[08:59] {Threei} some, not too may, failed because their personality was absolutely adverse to trading environment
[09:00] {Threei} most did because they never recognized where the major culprit is, or refused to do anything about it, or were too rigid to allow themselves to change
[09:00] {Threei} fact is:
[09:01] {Threei} your trading is reflection of who you are, because trading is just a part of life in general, and not a some kind of stand-alone application
[09:01] {magoo} so what was major culprit?
[09:02] {Threei} just like success in sports, in business, in relationships, and whatnot
[09:02] {Threei} requires interal changes in your mindset
[09:02] {Threei} so does success in trading
[09:02] {Threei} setups, entries, exits is secondary
[09:02] {Threei} and relatively simple part
[09:02] {Onix} so if you are a nervous, indecisive person, you will have a hard time in this environment?
[09:02] {Threei} not saying it's unnecessary
[09:03] {Threei} just saying it's not too complicated
[09:03] {Threei} ummm
[09:03] {Threei} you are oversimplifying it
[09:03] {Threei} it's all about how you apply it
[09:04] {Threei} nervous person can translate in careful trader
[09:04] {magoo} put up the blog link vad and oill go read it
[09:04] {Onix} OK I'll buy that one
[09:04] {Onix} thanks Vad
[09:04] {Threei} it's right on the homepage magoo
[09:05] {magoo} what is the major culprit?
[09:05] * Threei slaps magoo around a bit with a large trout
[09:05] {magoo} gonna make me go to home page??{lazy magioo}
[09:05] {fernp} gm all
[09:05] {Threei} fernp :)
[09:06] {GeoArb} gm
[09:07] {Threei} geo :)
[09:08] {esemde} good morning....
[09:09] {Threei} ese :)
[09:09] {esemde} had to reinstallreality trader program again this morning
[09:09] {esemde} bizarre
[09:10] {Threei} does whole program disappear or just a shortcut?
[09:10] {esemde} I think the program
[09:10] {esemde} because I have to reinstall
[09:11] {Threei} next time it happens, try to locate the program
[09:12] {esemde} will do
[09:12] {Threei} go to C, Program Files, look for RTC
[09:12] {Threei} if it's there, it's just a shortcut
[09:12] {Threei} and you can launch the program by clicking on mirc.32.exe
[09:12] {Threei} and restore shortcut by right click on it,
[09:13] {Threei} Create shortcut
[09:13] {esemde} the thing that comes up is the reality trader install connector
[09:14] {esemde} when i click on the destop icon it can't find the program
[09:14] {esemde} so i then just reinstall
[09:14] {bruce} didn't you just get computer cleaned for virus ese?
[09:14] {esemde} sure did...to the tune of $150.00
[09:15] {bruce} thought so
[09:15] {esemde} it works better now for sure
[09:15] {Threei} wait
[09:15] {bruce} yes - except now glitches with installed programs
[09:15] {Threei} so shortcut is there but it's not finding the program
[09:16] {Threei} then right click on shortcut, Properties
[09:16] {Threei} and edit target so it pints to that mirc.32.exe
[09:18] {esemde} OK done...we'll see what happens tomorrow
[09:18] {bruce} cna looks like possible reversal candidate this am dino
[09:20] {Threei} interesting read for later:
[09:20] {Threei} http://www.atimes.com/atimes/Global_Economy/JD30Dj02.html
[09:21] {Threei} and general comment for today's and tomorrow's trading:
[09:21] {Threei} this FOMC rate decision is somewhat different from couple previous ones
[09:21] {dino} ua might be a bit of overreaction
[09:21] {Threei} those were clear cut case,
[09:21] {Threei} everyone knew what to expect
[09:21] {Threei} and it was kind of in the cards
[09:22] {Threei} as we near the end of rate cuts, both Fed action and market view of it become less clear
[09:22] {Threei} that's why we see this swampy action
[09:23] {Threei} let's continue being on defensive, for these couple days and see what transpires after
[09:23] {Threei} being out of earnings season and done with Fed, it should become more clear
[09:27] {dino} watchiong gil, ua, enr
[09:29] {bruce} k - thanx
[09:29] {dino} np
[09:30] {bruce} missed all of those ones this am when looking for gaps
[09:30] {markweb} GOOD MORNING ALL
[09:31] {esemde} mark
[09:31] {markweb} ese:)
[09:31] {bruce} uaua nice volume vad
[09:31] {bruce} hey mark
[09:31] {markweb} hi bruce:)
[09:32] {Threei} mark :)
[09:34] {Threei} need pullback on UAUA
[09:34] {bruce} out gil +.46c
[09:34] {bruce} sorry - no time to post
[09:35] {bruce} sheesh - there it goes - out way too early
[09:35] {esemde} bstop long SCOR 19.21
[09:36] {Threei} SOHU pullback entry around 71.50
[09:37] {Threei} firast strength from here
[09:38] {esemde} removed bstop went long at 19.20 SCOR
[09:38] {Roman}
21 long SEED off 7
[09:38] {Roman}
21 1/2 size
[09:39] {dino} wtg bruce
[09:39] {bruce} thanx dino - your find
[09:39] {bruce} moved quick - couldn't post - sorry
[09:40] {tomg} out sohu +.38, ty vad, but too jumpy for me
[09:40] {dino} oh mann, i just gave magoo 2 points in enr and i missed entry
[09:40] {Threei} wtg tom
[09:41] {dino} gj tom,
[09:41] {tomg} ty
[09:41] {bruce} no kidding tom - watching it - wicked mover - congrats
[09:41] {tomg} just luck :)
[09:41] {Threei} jumpy is bad only if you are opn a wrong side
[09:41] {Threei} othertwise it works for you
[09:41] {Threei} small size to control the risk, pullback entry...
[09:41] {Threei} COIN
[09:42] {esemde} out SCOR .49 full lot +.29
[09:42] {Threei} another jumpy one
[09:42] {Threei} wtg ese
[09:42] {magoo} vad, news POT?
[09:42] {esemde} now that one jumped up there fast
[09:42] {magoo} 14 down yestweer,
[09:42] {magoo} 6 today
[09:42] {Threei} 05:45am [POT] RBC Cuts POT to Sector Perform from Top Pick, price target: $300.00
[09:42] {Threei} 04/28/08 06:47am [POT] Removed from "Conviction Buy List" at Goldman Sachs
[09:42] {magoo} ah.....TY
[09:42] {dino} es gj
[09:43] {dptl} grabbed .+29 on scor ty ese
[09:43] {esemde} tks
[09:44] {esemde} that one was volitile dp....
[09:44] {Threei} UAUA pulled back considerably
[09:44] {dptl} yah small shares
[09:44] {dino} fast market today
[09:44] {dino} you guys are rocking today
[09:45] {Threei} .20 nearest support UAUA
[09:46] {dino} cgnx
[09:48] {dino} s cgnx sm .20, stop .61
[09:50] {Threei} RIMM spasm of happiness
[09:52] {magoo} wow
[09:52] {magoo} missed that
[09:53] {bruce} whats your feel for sndk break long vad?
[09:55] {dino} sm l gil .40
[09:55] {Threei} maybe for a quick scalp...
[09:55] {Threei} not my favorite type of stock
[09:55] {bruce} k-
[09:55] {Threei} tqnt
[09:59] {esemde} COIN
[09:59] {Roman}
21 in SEED
[09:59] {Roman}
21 1/2 7
[09:59] {esemde} bstop 10.65 1/2 lot COIN
[09:59] {magoo} l amzn .90
[10:00] {Threei} APR CONSUMER CONFIDENCE: 62.3 V 61.0E
[10:00] {Threei} Prior revised to 65.9 from 64.5
[10:00] {Threei} - 1-year inflation expectation at 6.8% v 6.1% prior
[10:01] {esemde} long COIN .64 decent fill
[10:01] {Threei} who would have thought consumer is so confident
[10:01] {bruce} its just you throwing all that nigerian money around vad
[10:02] {Threei} ah
[10:02] {magoo} half out amzn .37
[10:02] {bruce} nice one mags
[10:02] {magoo} should took full out
[10:02] {esemde} stop on COIN is .50
[10:03] {magoo} out rest here
[10:03] {esemde} man this thing spread bounces around
[10:03] {magoo} sh rimm loss 124]
[10:04] {dino} cgnx bstop to b/e
[10:04] {Roman}
21 ESLR interesting
[10:04] {magoo} not agAINST MARKET
[10:04] {bruce} csco scalp opportunity if .75 disappears
[10:06] {dino} gil stopped -.40
[10:06] {esemde} man look at that spread .65 to .74 at one point
[10:07] {esemde} don't like this stock Vad....
[10:07] {esemde} thank goodness for stops
[10:07] {Threei} [09:42] {Threei} another jumpy one
[10:08] {dino} ua l .30
[10:08] {dino} sm
[10:09] {dino} cgnx cov .80, +.40
[10:09] {bruce} ltr long reversal candidate dino
[10:10] {Threei} IMO, you are fine qwith this entry ese
[10:10] {dino} watching it
[10:10] {Threei} .50 is safe reliable place for a stop,
[10:11] {Threei} with right size damage will be minimal
[10:11] {esemde} come on....come on....if it breaks .75 it should get to 11.00
[10:11] {Threei} and if it takes .75, your potential is quite lucrative
[10:11] {Threei} risk/reward wise it's a well-managed and fairly valid trade
[10:12] {esemde} tks
[10:13] {esemde} have a good instructor
[10:14] {Threei} not working
[10:14] {esemde} damn....stopped
[10:14] {Threei} quite possibly a shakeout, but who cares
[10:15] {Threei} there are just two states to any trade
[10:15] {esemde} -.15
[10:15] {Threei} works or doesn't
[10:15] {esemde} still a good trade though
[10:15] {Threei} it is
[10:15] {Threei} or was
[10:16] {esemde} yep
[10:16] {esemde} followed NDX to a tee
[10:16] {esemde} NDX was bumping up against 1926...it could have gone either way
[10:17] {Threei} magoo, you shorted RIMM off 124?
[10:17] {esemde} appears to be a shakeout
[10:18] {magoo} ah no..bidu off 367
[10:18] {magoo} covered 365.90
[10:18] {Threei} oh, I get it
[10:19] {Threei} RIMM is not enough adrenalin-laden for you
[10:19] {Threei} so you switched to BIDU
[10:19] {magoo} kind of same setup
[10:19] {magoo} can only handle 1 at time
[10:19] {magoo} same seup
[10:19] {magoo} setup
[10:19] {Threei} I'll wait for you to start trading GOOG to officially qualify you as adrenalin addict {G}
[10:23] {Threei} RIMM worth a long try if holding above .40
[10:24] {Threei} if loses, let it be for now
[10:25] {Threei} market sharp downtick, RIMM handled it rather well
[10:25] {dino} iclr big pullback
[10:25] {Chaeron} hi all
[10:25] {Threei} .55 long if not losing .40 anymore
[10:25] {Threei} chaeron :)
[10:26] {esemde} CCCCCHHHHH BABY!!!!
[10:26] {Threei} invalidated
[10:26] {Chaeron} heya ese!
[10:27] {Threei} no play until it loses 123
[10:27] {dino} sm l wide iclr .60
[10:27] {esemde} your here just in time for me to leave.....have and early day today
[10:27] {Chaeron} have a good one ese...
[10:27] {Threei} good selloff
[10:27] {dino} 62.60
[10:27] {esemde} see ya all
[10:27] {Threei} first strength from here
[10:28] {Threei} in
[10:28] {Threei} under .70 stop
[10:28] {magoo} got .86
[10:28] {Chaeron} .87 here
[10:28] {Threei} keeping it tight, better retry than sit on a bigger loss
[10:29] {Threei} break that 123 RIMM
[10:29] {magoo} out here
[10:29] {magoo} mkt downward
[10:29] {bruce} wehave double bottom on gil no dino - stop is to big for my taste here though
[10:30] {Threei} out .15
[10:30] {dino} y bruce, .15 area imo
[10:30] {Chaeron} .14 here +.27 thanks vad
[10:30] {Threei} probably has more in it but until Ben speaks its deep wisdom, I am in firm scalping mode
[10:30] {dino} a little busy w/iclr atm
[10:31] {Threei} its = feds
[10:31] {dino} atm=at the moment
[10:31] {bruce} k dino
[10:33] {dino} tson
[10:35] {dino} iclr stop to 65.80
[10:38] {dino} out iclr slippage .71,
[10:38] {dino} +3.11
[10:39] {Threei} eeck
[10:39] {bruce} v nice dino
[10:39] {dino} :), see above i posted
[10:39] {Threei} and ese called COIN jumpy
[10:39] {Chaeron} huge dino - congrats
[10:39] {dino} ty, lucky entry
[10:39] {Threei} but of course
[10:40] {Chaeron} more like you have skills :)
[10:40] {Chaeron} (ninja skills)
[10:40] {Threei} where was I when luck was distributed and dino appeared at the very front of the line
[10:41] {Chaeron} with me and magoo drinking
[10:41] {dino} you know my answer to that vad
[10:41] {Threei} ah... I knew that was a mistake... but too tempting
[10:41] {judijim} good morning all
[10:41] {Threei} I do dino :)
[10:41] {Threei} let me have my fun
[10:41] {Chaeron} hi jj
[10:41] {Threei} jj :)
[10:42] {dino} indeed sir
[10:43] {dino} gil bruce?
[10:46] {bruce} dk dino - overall feeling is that it will go long but is going to chop around for a while first so just watching for now
[10:47] {dino} i think whoosh down to 24.80s then up
[10:47] {dino} but what i think means nothing
[10:48] {bruce} good possibility - keeps flirting w lows
[10:48] {Threei} AAPL
[10:48] {dino} we missed easy tson s
[10:48] {Threei} .31 long
[10:48] {Threei} if holding above .15
[10:48] {Threei} invalidated
[10:50] {bruce} yes - late spike in it - may give another hance for short
[10:50] {tomg} tqnt here, vad?
[10:52] {Threei} I doubt it
[10:52] {tomg} ok, ty
[10:52] {Threei} trades anemically
[10:52] {Threei} if that's a word
[10:55] {dino} icyno sm l .01
[10:56] {dino} cyno that is
[11:00] {bruce} nice entry
[11:01] {dino} lucky
[11:01] {dino} was waiting for about 20 minutes
[11:02] {bruce} you've got resistantce at .38
[11:03] {dino} .71 i'm more concerned w/, pretty strong bottom in, good report. we'll see
[11:03] {bruce} ag reversla candidate dino
[11:03] {dino} rmbs
[11:04] {Threei} RMBS
[11:04] {Threei} US APPEALS COURT: LOWER COURT RULING VACATED AND REMANDED CONCERNING SAMSUNG
[11:05] {dino} y ag bruce
[11:06] {Threei} PRES BUSH: GDP NUMBERS TOMMOROW WILL SHOW 'VERY SLOW ECONOMY', HAS NOT BEEN BRIEFED ON DATA
[11:07] {magoo} aapl long .31
[11:07] {dino} ag partioal fill l .33
[11:07] {dino} wide
[11:11] {dino} cyno stop to .57
[11:12] {magoo} AAPL 1:1
[11:12] {dino} make it .61
[11:13] {dino} out cyno slip .59, +.58
[11:14] {bruce} cool beans dino
[11:15] {bruce} v nice agian
[11:16] {dino} ty
[11:16] {dino} gil stuck in the mud, need break out over .50 imo
[11:16] {dino} our more at .15 dump aruond .40
[11:17] {dino} ag, need oih help it seems
[11:17] {hawkfan4} nice AAPL call mags, thx
[11:18] {magoo} oh sorry..out .87 a sec ago
[11:18] {magoo} had it laid out there
[11:18] {hawkfan4} beat me, .84
[11:18] {magoo} good HAWKERSTEIN
[11:18] {hawkfan4} lol :)
[11:19] {bruce} gils just chopping now
[11:19] {bruce} ltr possible coming up now long .27 break w 10 c stop
[11:21] {dino} ugh cyno
[11:21] {dino} too tight, hit then ran
[11:23] {bruce} trying ltr long here 42.22 stop 4c
[11:25] {dino} gil lod
[11:25] {Threei} wtasching RIMM for break
[11:26] {dino} gl
[11:26] {Threei} if this retreat is shallow enough for a safe stop
[11:26] {Threei} .35 support
[11:27] {Threei} 1:1 easy
[11:27] {bruce} here comes your 24.80 projection in gil
[11:28] {magoo} out rim .63 TY vad
[11:28] {Threei} hard core scalping eh?
[11:28] {magoo} not me
[11:29] {magoo} i investor
[11:29] {Threei} yes, I know
[11:29] {Threei} VSEC big earnings but stock is horrifying
[11:29] {Threei} dino will short it at 38 though
[11:32] {dino} bruce!!!!!!!!!!ag hard stop 64.35 ty much
[11:33] {dino} locking in $1.02
[11:33] {bruce} welcome dino
[11:33] {dino} out ty +1.02
[11:33] {dino} you da man
[11:33] {magoo} good room effort today
[11:34] {Chaeron} I"m back and missed AAPL and magoo's RIMM..... might as well go home... nothing left
[11:34] {magoo} dino, bruce, vad all made me some ching ching
[11:34] {dino} now, i will crack everybody. best day i've had in months, and i'm only trading 300 shares. not as many rinses
[11:34] {bruce} lol - just glad it worked dino
[11:35] {dino} just shy 3x's daily
[11:35] {magoo} leave evryones crack alone
[11:36] {dino} crack everybody up i wanted to say
[11:36] {bruce} nice - we need to get to 4 then
[11:36] {magoo} 100 sh short bidu loss 371
[11:36] {dino} hmmmm, actually on vads' theory for daily stop at this point
[11:37] {Threei} nah
[11:37] {Threei} but tighten trailing stop on account to 2.5x
[11:38] {dino} potatoe potato
[11:38] {bruce} half out ltr +.14 - 3 to 1 on sirk
[11:39] {dino} gj
[11:39] {dino} gil wants 24.00
[11:40] {bruce} yes - gil in dumpster mode
[11:41] {bruce} glad we diddn't rry it long earlier
[11:41] {dino} i did, one stop on it way back
[11:42] {bruce} k
[11:43] {magoo} covered bidu here ..+ .50]
[11:43] {Threei} RIMM .36 long, .19 stop
[11:45] {Threei} AAPL .51 long if holding above .35
[11:49] {Threei} big offer gets eaten on RIMM
[11:49] {Threei} interesting
[11:49] {magoo} prob roman vad
[11:49] {Threei} partialing in?
[11:54] {Threei} somehow it feels like market prepares ramp up
[11:54] {Threei} not sure why, chart is indifferent at the moemnt
[11:55] {Threei} I am more inclined to buy pullbacks for bounce than to short
[11:58] {dino} axys drop
[11:59] {bruce} stopped balance ltr +.03c
[12:00] {dino} gj
[12:02] {dino} gil sm l .28
[12:04] {bruce} was wndeing about it dino- no blowoff volume spike yet
[12:07] {dino} sometimes you just gotta say..........
[12:07] {bruce} str reversal candidate here dino
[12:08] {bruce} l str .86 stop 10 c
[12:10] {dino} str watch oih imo
[12:12] {bruce} lol- in that cawse - bad news
[12:12] {dino} good report, big drop, oil
[12:15] {bruce} stopped str -11c
[12:16] {dino} gil stop to .68
[12:17] {dino} stopped +.40
[12:17] {bruce} nice one
[12:17] {dino} opps, +.38
[12:18] {dino} ty
[12:18] {dino} taking a break
[12:18] {GeoArb} wasnt he spread too tight for you dino? :)
[12:19] {dino} lol
[12:22] {bruce} g back to lod dino
[12:24] {bruce} ag that is
[12:26] {Threei} pullback closer to .50 RIMM for long with stop under .40
[12:30] {dino} i watching it bruce
[12:32] {dino} powi
[12:32] {GeoArb} news on powi?
[12:32] {GeoArb} or on scanner?
[12:33] {Threei} nothing fresh
[12:33] {Threei} missed earning last week
[12:33] {GeoArb} i was curious how dino got it
[12:33] {GeoArb} as they just mentioned within one sec
[12:33] {GeoArb} that it got downgraded
[12:34] {GeoArb} in TTN now
[12:34] {GeoArb} he got it befor news !!
[12:34] {dino} scanner
[12:34] {GeoArb} up down?
[12:35] {Threei} look 2 days breakdown Geo
[12:35] {GeoArb} ok....
[12:36] {GeoArb} thanks
[12:36] {GeoArb} i have free news strike
[12:36] {Threei} 12:28 first alert
[12:36] {dino} just my scanner kicking them out geo, .07 increments, when they hit a few times fast, i pull the carts up
[12:36] {GeoArb} they mentioned that briefing trader downgraded
[12:37] {GeoArb} u use intelli=scan too dino?
[12:39] * Threei slaps Laserdave1 around a bit with a large trout
[12:39] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:40] {dino} no scwab street smart pro (old cyber)
[12:40] {GeoArb} yeah thats what i remembered... thanks heheheh you get it before news
[12:41] {Threei} news obviously hit earlier somwhere
[12:41] {GeoArb} ill get the 2 day scan up vad
[12:41] {GeoArb} thanks
[12:41] {Threei} yeah, first appearance there was quite early
[12:42] {Threei} ARBA
[12:42] {Threei} .43 is nice break on daily but top of the spike on intraday
[12:42] {Threei} I'd prefer little pullback, then break
[12:44] {Threei} so far market acts in accordance with what I felt:
[12:44] {bruce} mon long candidate dino - tricky one
[12:44] {Threei} pullback, return to the high,
[12:44] {Threei} now break of intraday high is needed to launch rally
[12:45] {Threei} ARBA is trying
[12:45] {Threei} if you go for it, stop under .30
[12:47] {dino} sidetracked for bit
[12:47] {dino} darn missed powi
[12:50] {magoo} whats arba entry
[12:50] {Threei} oil 116?
[12:50] {Threei} .43 melting magoo
[12:50] {magoo} ty
[12:51] {magoo} i like rimm long near 124 w/mkt up
[12:51] {Threei} me too
[12:52] {Threei} if what I feel materializes, 125 will be in cards
[12:52] {Threei} hard to tell how many shakes along the way... this is one jittery market
[12:53] {magoo} and if so..175 aapl too
[12:53] {dino} ag sm l .00
[12:54] {magoo} u just bought mine l0ol'
[12:54] {magoo} lol
[12:54] {Threei} that's true brotherhood
[12:56] {dino} so now it will work, huh?
[13:00] {dino} cyno l .01 sm
[13:03] {dino} gifi strange
[13:07] {Threei} long period of indecisiveness
[13:08] {dino} ag stopped thx for nothing magoo
[13:08] {Threei} bodes well in "never short dull market" thesis
[13:09] {bruce} don't look at gil dino
[13:10] {Threei} come on NQ
[13:11] {Threei} break 1932 and let's show shorters what dumb enthusiasm is capable of
[13:12] {Threei} here we go
[13:13] {dino} i see it
[13:13] {bruce} fdp long bounce candidate dino
[13:13] {bruce} lol
[13:13] {bruce} told you nolt to look
[13:18] {dino} :)
[13:18] {dino} fdp, hmmm
[13:18] {bruce} that was our 2 bucks
[13:19] {bruce} yes - wondering about it - one hell of a drop
[13:21] {dino} indm
[13:21] {dino} bad report
[13:22] {bruce} k
[13:25] {dino} fdp sm l .25
[13:28] {dino} navg algt
[13:32] {Threei} NQ slowly doing it
[13:32] {Threei} far from done
[13:34] {Threei} don't know if ARBA can break .50
[13:34] {Threei} serious wall there
[13:34] {magoo} lol
[13:34] {dino} .
[13:34] {Threei} looks like it's likely to... but keep stop at .38
[13:43] {dino} fdp stopped -.40
[13:44] {bruce} same dino- pos
[13:44] {dino} rinsed
[13:45] {dino} heck of an air pocket
[13:46] {bruce} yes - bigger stop than I wanted
[13:50] {dino} cyno stop to .39
[13:51] {Threei} good boy ARBA
[13:51] {Threei} feel free to take scalp as you see fit
[13:55] {Threei} you all asleep or someone is still standing?
[13:56] {magoo} .
[13:57] {judijim} hanging in:)
[13:58] {Threei} anyone got ARBA? RIMM?
[13:58] {dino} no i
[13:58] {dino} not
[13:59] {Threei} why do I even bother... :)
[13:59] {hawkfan4} i got RIMM vad, thanks :), +.48
[13:59] {Threei} whew
[13:59] {Threei} no, thank you
[13:59] {GeoArb} because you love us
[13:59] {Threei} ummmm
[13:59] {GeoArb} (figuratively)
[13:59] {Threei} very
[13:59] {Threei} lol
[14:00] {dino} fdp what the heck
[14:00] {bruce} we got faked out dino
[14:01] {dino} ya think, :)
[14:01] {dino} that sucks
[14:01] {Threei} POT
[14:01] {Threei} HEARING CHATTER URAKALI RAISES PRICE TARGET PER METRIC TON TO $1260
[14:01] {dino} off of 31.70ish maybe try long, if it goes there
[14:02] {bruce} yes - gonna wqatch it to se what comes up in it
[14:07] {bruce} out fic - quick scalp +.15c - 2 to 1 on risk
[14:08] {dino} cyno stop to .46
[14:08] {Threei} RIMM is on its way to 125
[14:10] {dino} good call
[14:10] {Threei} ty... I have my moments
[14:10] {dino} darn missed cme today, nioce run
[14:12] {bruce} thanksdino - say it took it - sorry agin - no time to post
[14:13] {bruce} those are my prefered trades - with with risk half or less of probable return
[14:14] {Threei} (UK) BOE'S BLANCHFLOWER: NOT TOO LATE TO AVOID UK RECESSION, BUT IF YOU WAIT TOO LONG, IT MAY BECOME TOO LATE- Says recent data is a worry; oil, food prices 'look like bubbles
[14:15] {dino} gj
[14:15] {dino} cyno slipped out .41 ave +.40
[14:15] {bruce} watching ag now to see if we get double botom setup
[14:16] {bruce} niceone dino
[14:16] {dino} fdp bruce coming down again
[14:19] {bruce} yes
[14:19] {dino} that thing is fast
[14:20] {bruce} yes - your preferred animal
[14:20] {bruce} double bottom n ag now but not tickled w 70 c stop
[14:21] {Threei} beautiful action NQ
[14:21] {Threei} let me reiterate... "never short dull market"
[14:21] {bruce} fdp dumped 7 bucks - so its got lots of room to retrace it we get a decent entry
[14:23] {dino} problem is it drops fast to .70-.90, then spikes fast to .40
[14:23] {dino} waiting at .70
[14:25] {Threei} direct hit RIMM
[14:26] {dino} eglt
[14:27] {Threei} premonition of the day
[14:27] {Threei} [11:54] {Threei} somehow it feels like market prepares ramp up
[14:27] {Threei} [11:54] {Threei} not sure why, chart is indifferent at the moemnt
[14:27] {dino} earnings after close,. eglt
[14:28] {judijim} good scalp on rimm +.20 thanx
[14:28] {bruce} hmmm - range trade dino?
[14:29] {Threei} jj :)
[14:30] {dino} eglt?
[14:32] {Threei} SCOR
[14:32] {Threei} HEARING INITIATED WITH A BUY RATING AT NEEDHAM (
[14:33] {dino} cyno l sm .15
[14:43] {dino} cyno stop to .51
[14:43] {dino} ksws
[14:43] {dino} nah
[14:43] {bruce} l ag .74 stop 20c
[14:44] {bruce} out ag - quick scalp +.25
[14:44] {Threei} RUSSIAN FOREIGN MIN: RUSSIA WILL RETALIATE IF GEORGIA RESORTS TO FORCE IN CONFLICT ZONES
[14:44] {Threei} oh goodie
[14:44] {dino} nice entry ag
[14:45] {bruce} thanx dino- maybe shoulda held for more
[14:45] {bruce} exitlooks pretty pathetic
[14:45] {dino} flat or up is good imo
[14:47] {bruce} may give us another entry
[14:47] {dino} cyno to .59
[14:47] {bruce} I think it'll retrace to about 63
[14:47] {dino} .75 problem cyno
[14:48] {dino} out cyno .58, +.43
[14:48] {bruce} nice one
[14:48] {bruce} dino's buying the beer
[14:48] {dino} ty, been good to me today
[14:48] {bruce} everyone invited
[14:49] {dino} lol, would luv a beer, but son's baseball game tonight and i coach
[14:49] {Threei} your presence is not mandatory dino
[14:50] {Threei} we can drink your beer while you are busy
[14:50] {dino} ouch, is my nose bleeding, vad tagged me
[14:50] {dino} don't give magoo ideas
[14:50] {Threei} of course would be happy to have you at your party... but if you can't be there...
[14:50] {Threei} lol
[14:50] {bruce} lol - excuses excuses
[14:50] {dino} ag big pullback
[14:52] {bruce} want it around .50 dino
[14:55] {Threei} feels like one last push upward before it's over
[14:56] {dino} as we know it, yes
[14:56] {dino} f'ing fdp
[14:56] {dino} eglt approaches lod
[14:59] {dino} don't even look at iclr
[15:01] {judijim} have a great rest of the trading day, we done and in the +, yeah, be back tomorrow
[15:01] {judijim} or better we're done
[15:02] {dino} gj jj
[15:03] {Threei} takee care jj
[15:03] {Threei} wow... server dump
[15:05] {GeoArb} back
[15:06] {Chaeron} .
[15:07] {dptl} wow am i here?
[15:07] {Chaeron} yep dp
[15:07] {dptl} thx
[15:10] {Threei} (VZ) VENEZUELAN PRES CHAVEZ: OIL PRICES ARE SITTING AT A 'FAIR LEVEL'
[15:10] {Threei} lovely
[15:10] {dino} .
[15:17] {dino} ag
[15:27] {dino} ag sm l .15
[15:27] {Threei} rally is pretty much for today
[15:28] {magoo} huh??
[15:28] {Threei} opretty much done that was
[15:34] {Threei} look to short RIMM into bounce closer to 127
[15:41] {dino} ag stopped done w/it -.45
[15:41] {dino} too tough
[15:44] {dino} can you say rinse?
[15:46] {magoo} yeah..but can't spell it
[15:47] {Threei} lol
[15:47] {Threei} feel free to cover RIMM
[15:54] {Threei} thank you all, have a good evening
[15:54] {Threei} see you tomorrow
[15:54] {dptl} have a good evening all:)
[15:54] {magoo} thanx vad
[08:21] {Threei} SDTH
[08:21] {Threei} ADDS THREE NEW CUSTOMERS, UPDATES INTERNATIONAL MARKET EXPANSION
- Announced it has successfully added three international customers in the first quarter of 2008, and is in active discussions with more than 10 potential international customers.
[08:43] {hawkfan4} good morning
[08:43] {Threei} Good morning
[08:50] {dptl} good morning all
[08:50] {Threei} dp :)
[08:51] {Onix} Good morning all you hard-working people!
[08:51] {Threei} onix :)
[08:51] {Threei} that's flattering for us, very lazy types
[08:52] {hawkfan4} great, now i feel like i have to get out of my pj's :)
[08:52] {Threei} oh no
[08:52] {Onix} oh no, this scalping/trading business is very "hard" work ... well, difficult is the beter word I suppose
[08:52] {dino} gm all
[08:52] {Threei} that could start dangerous trend
[08:52] {Threei} dino :)
[08:53] {Threei} it's not really, Onix
[08:53] {Threei} or, I better put it this way
[08:53] {Threei} it is what you chose it to be
[08:54] {Threei} interestingly enough most sucessful are those who chose it to be fun
[08:54] {Onix} whaw ... that seems a long way off for me
[08:55] {Threei} follow the process, you'll get there
[08:55] {Onix} but I can see your point .. it could certainly be a lot of fun once you know what you're doing
[08:55] {Threei} yes, and the best part is:
[08:55] {Threei} it's not a rocket science
[08:56] {Threei} if there are obstacles on this path, those are barricades you erect within yourself
[08:56] {Threei} pure technicals aspects of trading ar fairly simple
[08:57] {Threei} unless you elect to mire yourself down in zillion of indicators and studies
[08:57] {Onix} have not read you latest part of the psychology on the blog, but I believe you 100%
[08:57] {Threei} as you can imagine, during my time in markets I've seen many failed traders,
[08:58] {Threei} so let me tell you this:
[08:58] {Threei} none of them failed because they couldn't get down technical aspects of trading
[08:58] {magoo} morning
[08:58] {Threei} literally, NONE
[08:58] {Threei} mags :)
[08:59] {Onix} so, reading the setups and the entering & exiting are not the worst of it?
[08:59] {Threei} some, not too may, failed because their personality was absolutely adverse to trading environment
[09:00] {Threei} most did because they never recognized where the major culprit is, or refused to do anything about it, or were too rigid to allow themselves to change
[09:00] {Threei} fact is:
[09:01] {Threei} your trading is reflection of who you are, because trading is just a part of life in general, and not a some kind of stand-alone application
[09:01] {magoo} so what was major culprit?
[09:02] {Threei} just like success in sports, in business, in relationships, and whatnot
[09:02] {Threei} requires interal changes in your mindset
[09:02] {Threei} so does success in trading
[09:02] {Threei} setups, entries, exits is secondary
[09:02] {Threei} and relatively simple part
[09:02] {Onix} so if you are a nervous, indecisive person, you will have a hard time in this environment?
[09:02] {Threei} not saying it's unnecessary
[09:03] {Threei} just saying it's not too complicated
[09:03] {Threei} ummm
[09:03] {Threei} you are oversimplifying it
[09:03] {Threei} it's all about how you apply it
[09:04] {Threei} nervous person can translate in careful trader
[09:04] {magoo} put up the blog link vad and oill go read it
[09:04] {Onix} OK I'll buy that one
[09:04] {Onix} thanks Vad
[09:04] {Threei} it's right on the homepage magoo
[09:05] {magoo} what is the major culprit?
[09:05] * Threei slaps magoo around a bit with a large trout
[09:05] {magoo} gonna make me go to home page??{lazy magioo}
[09:05] {fernp} gm all
[09:05] {Threei} fernp :)
[09:06] {GeoArb} gm
[09:07] {Threei} geo :)
[09:08] {esemde} good morning....
[09:09] {Threei} ese :)
[09:09] {esemde} had to reinstallreality trader program again this morning
[09:09] {esemde} bizarre
[09:10] {Threei} does whole program disappear or just a shortcut?
[09:10] {esemde} I think the program
[09:10] {esemde} because I have to reinstall
[09:11] {Threei} next time it happens, try to locate the program
[09:12] {esemde} will do
[09:12] {Threei} go to C, Program Files, look for RTC
[09:12] {Threei} if it's there, it's just a shortcut
[09:12] {Threei} and you can launch the program by clicking on mirc.32.exe
[09:12] {Threei} and restore shortcut by right click on it,
[09:13] {Threei} Create shortcut
[09:13] {esemde} the thing that comes up is the reality trader install connector
[09:14] {esemde} when i click on the destop icon it can't find the program
[09:14] {esemde} so i then just reinstall
[09:14] {bruce} didn't you just get computer cleaned for virus ese?
[09:14] {esemde} sure did...to the tune of $150.00
[09:15] {bruce} thought so
[09:15] {esemde} it works better now for sure
[09:15] {Threei} wait
[09:15] {bruce} yes - except now glitches with installed programs
[09:15] {Threei} so shortcut is there but it's not finding the program
[09:16] {Threei} then right click on shortcut, Properties
[09:16] {Threei} and edit target so it pints to that mirc.32.exe
[09:18] {esemde} OK done...we'll see what happens tomorrow
[09:18] {bruce} cna looks like possible reversal candidate this am dino
[09:20] {Threei} interesting read for later:
[09:20] {Threei} http://www.atimes.com/atimes/Global_Economy/JD30Dj02.html
[09:21] {Threei} and general comment for today's and tomorrow's trading:
[09:21] {Threei} this FOMC rate decision is somewhat different from couple previous ones
[09:21] {dino} ua might be a bit of overreaction
[09:21] {Threei} those were clear cut case,
[09:21] {Threei} everyone knew what to expect
[09:21] {Threei} and it was kind of in the cards
[09:22] {Threei} as we near the end of rate cuts, both Fed action and market view of it become less clear
[09:22] {Threei} that's why we see this swampy action
[09:23] {Threei} let's continue being on defensive, for these couple days and see what transpires after
[09:23] {Threei} being out of earnings season and done with Fed, it should become more clear
[09:27] {dino} watchiong gil, ua, enr
[09:29] {bruce} k - thanx
[09:29] {dino} np
[09:30] {bruce} missed all of those ones this am when looking for gaps
[09:30] {markweb} GOOD MORNING ALL
[09:31] {esemde} mark
[09:31] {markweb} ese:)
[09:31] {bruce} uaua nice volume vad
[09:31] {bruce} hey mark
[09:31] {markweb} hi bruce:)
[09:32] {Threei} mark :)
[09:34] {Threei} need pullback on UAUA
[09:34] {bruce} out gil +.46c
[09:34] {bruce} sorry - no time to post
[09:35] {bruce} sheesh - there it goes - out way too early
[09:35] {esemde} bstop long SCOR 19.21
[09:36] {Threei} SOHU pullback entry around 71.50
[09:37] {Threei} firast strength from here
[09:38] {esemde} removed bstop went long at 19.20 SCOR
[09:38] {Roman}
21 long SEED off 7
[09:38] {Roman}
21 1/2 size
[09:39] {dino} wtg bruce
[09:39] {bruce} thanx dino - your find
[09:39] {bruce} moved quick - couldn't post - sorry
[09:40] {tomg} out sohu +.38, ty vad, but too jumpy for me
[09:40] {dino} oh mann, i just gave magoo 2 points in enr and i missed entry
[09:40] {Threei} wtg tom
[09:41] {dino} gj tom,
[09:41] {tomg} ty
[09:41] {bruce} no kidding tom - watching it - wicked mover - congrats
[09:41] {tomg} just luck :)
[09:41] {Threei} jumpy is bad only if you are opn a wrong side
[09:41] {Threei} othertwise it works for you
[09:41] {Threei} small size to control the risk, pullback entry...
[09:41] {Threei} COIN
[09:42] {esemde} out SCOR .49 full lot +.29
[09:42] {Threei} another jumpy one
[09:42] {Threei} wtg ese
[09:42] {magoo} vad, news POT?
[09:42] {esemde} now that one jumped up there fast
[09:42] {magoo} 14 down yestweer,
[09:42] {magoo} 6 today
[09:42] {Threei} 05:45am [POT] RBC Cuts POT to Sector Perform from Top Pick, price target: $300.00
[09:42] {Threei} 04/28/08 06:47am [POT] Removed from "Conviction Buy List" at Goldman Sachs
[09:42] {magoo} ah.....TY
[09:42] {dino} es gj
[09:43] {dptl} grabbed .+29 on scor ty ese
[09:43] {esemde} tks
[09:44] {esemde} that one was volitile dp....
[09:44] {Threei} UAUA pulled back considerably
[09:44] {dptl} yah small shares
[09:44] {dino} fast market today
[09:44] {dino} you guys are rocking today
[09:45] {Threei} .20 nearest support UAUA
[09:46] {dino} cgnx
[09:48] {dino} s cgnx sm .20, stop .61
[09:50] {Threei} RIMM spasm of happiness
[09:52] {magoo} wow
[09:52] {magoo} missed that
[09:53] {bruce} whats your feel for sndk break long vad?
[09:55] {dino} sm l gil .40
[09:55] {Threei} maybe for a quick scalp...
[09:55] {Threei} not my favorite type of stock
[09:55] {bruce} k-
[09:55] {Threei} tqnt
[09:59] {esemde} COIN
[09:59] {Roman}
21 in SEED
[09:59] {Roman}
21 1/2 7
[09:59] {esemde} bstop 10.65 1/2 lot COIN
[09:59] {magoo} l amzn .90
[10:00] {Threei} APR CONSUMER CONFIDENCE: 62.3 V 61.0E
[10:00] {Threei} Prior revised to 65.9 from 64.5
[10:00] {Threei} - 1-year inflation expectation at 6.8% v 6.1% prior
[10:01] {esemde} long COIN .64 decent fill
[10:01] {Threei} who would have thought consumer is so confident
[10:01] {bruce} its just you throwing all that nigerian money around vad
[10:02] {Threei} ah
[10:02] {magoo} half out amzn .37
[10:02] {bruce} nice one mags
[10:02] {magoo} should took full out
[10:02] {esemde} stop on COIN is .50
[10:03] {magoo} out rest here
[10:03] {esemde} man this thing spread bounces around
[10:03] {magoo} sh rimm loss 124]
[10:04] {dino} cgnx bstop to b/e
[10:04] {Roman}
21 ESLR interesting
[10:04] {magoo} not agAINST MARKET
[10:04] {bruce} csco scalp opportunity if .75 disappears
[10:06] {dino} gil stopped -.40
[10:06] {esemde} man look at that spread .65 to .74 at one point
[10:07] {esemde} don't like this stock Vad....
[10:07] {esemde} thank goodness for stops
[10:07] {Threei} [09:42] {Threei} another jumpy one
[10:08] {dino} ua l .30
[10:08] {dino} sm
[10:09] {dino} cgnx cov .80, +.40
[10:09] {bruce} ltr long reversal candidate dino
[10:10] {Threei} IMO, you are fine qwith this entry ese
[10:10] {dino} watching it
[10:10] {Threei} .50 is safe reliable place for a stop,
[10:11] {Threei} with right size damage will be minimal
[10:11] {esemde} come on....come on....if it breaks .75 it should get to 11.00
[10:11] {Threei} and if it takes .75, your potential is quite lucrative
[10:11] {Threei} risk/reward wise it's a well-managed and fairly valid trade
[10:12] {esemde} tks
[10:13] {esemde} have a good instructor
[10:14] {Threei} not working
[10:14] {esemde} damn....stopped
[10:14] {Threei} quite possibly a shakeout, but who cares
[10:15] {Threei} there are just two states to any trade
[10:15] {esemde} -.15
[10:15] {Threei} works or doesn't
[10:15] {esemde} still a good trade though
[10:15] {Threei} it is
[10:15] {Threei} or was
[10:16] {esemde} yep
[10:16] {esemde} followed NDX to a tee
[10:16] {esemde} NDX was bumping up against 1926...it could have gone either way
[10:17] {Threei} magoo, you shorted RIMM off 124?
[10:17] {esemde} appears to be a shakeout
[10:18] {magoo} ah no..bidu off 367
[10:18] {magoo} covered 365.90
[10:18] {Threei} oh, I get it
[10:19] {Threei} RIMM is not enough adrenalin-laden for you
[10:19] {Threei} so you switched to BIDU
[10:19] {magoo} kind of same setup
[10:19] {magoo} can only handle 1 at time
[10:19] {magoo} same seup
[10:19] {magoo} setup
[10:19] {Threei} I'll wait for you to start trading GOOG to officially qualify you as adrenalin addict {G}
[10:23] {Threei} RIMM worth a long try if holding above .40
[10:24] {Threei} if loses, let it be for now
[10:25] {Threei} market sharp downtick, RIMM handled it rather well
[10:25] {dino} iclr big pullback
[10:25] {Chaeron} hi all
[10:25] {Threei} .55 long if not losing .40 anymore
[10:25] {Threei} chaeron :)
[10:26] {esemde} CCCCCHHHHH BABY!!!!
[10:26] {Threei} invalidated
[10:26] {Chaeron} heya ese!
[10:27] {Threei} no play until it loses 123
[10:27] {dino} sm l wide iclr .60
[10:27] {esemde} your here just in time for me to leave.....have and early day today
[10:27] {Chaeron} have a good one ese...
[10:27] {Threei} good selloff
[10:27] {dino} 62.60
[10:27] {esemde} see ya all
[10:27] {Threei} first strength from here
[10:28] {Threei} in
[10:28] {Threei} under .70 stop
[10:28] {magoo} got .86
[10:28] {Chaeron} .87 here
[10:28] {Threei} keeping it tight, better retry than sit on a bigger loss
[10:29] {Threei} break that 123 RIMM
[10:29] {magoo} out here
[10:29] {magoo} mkt downward
[10:29] {bruce} wehave double bottom on gil no dino - stop is to big for my taste here though
[10:30] {Threei} out .15
[10:30] {dino} y bruce, .15 area imo
[10:30] {Chaeron} .14 here +.27 thanks vad
[10:30] {Threei} probably has more in it but until Ben speaks its deep wisdom, I am in firm scalping mode
[10:30] {dino} a little busy w/iclr atm
[10:31] {Threei} its = feds
[10:31] {dino} atm=at the moment
[10:31] {bruce} k dino
[10:33] {dino} tson
[10:35] {dino} iclr stop to 65.80
[10:38] {dino} out iclr slippage .71,
[10:38] {dino} +3.11
[10:39] {Threei} eeck
[10:39] {bruce} v nice dino
[10:39] {dino} :), see above i posted
[10:39] {Threei} and ese called COIN jumpy
[10:39] {Chaeron} huge dino - congrats
[10:39] {dino} ty, lucky entry
[10:39] {Threei} but of course
[10:40] {Chaeron} more like you have skills :)
[10:40] {Chaeron} (ninja skills)
[10:40] {Threei} where was I when luck was distributed and dino appeared at the very front of the line
[10:41] {Chaeron} with me and magoo drinking
[10:41] {dino} you know my answer to that vad
[10:41] {Threei} ah... I knew that was a mistake... but too tempting
[10:41] {judijim} good morning all
[10:41] {Threei} I do dino :)
[10:41] {Threei} let me have my fun
[10:41] {Chaeron} hi jj
[10:41] {Threei} jj :)
[10:42] {dino} indeed sir
[10:43] {dino} gil bruce?
[10:46] {bruce} dk dino - overall feeling is that it will go long but is going to chop around for a while first so just watching for now
[10:47] {dino} i think whoosh down to 24.80s then up
[10:47] {dino} but what i think means nothing
[10:48] {bruce} good possibility - keeps flirting w lows
[10:48] {Threei} AAPL
[10:48] {dino} we missed easy tson s
[10:48] {Threei} .31 long
[10:48] {Threei} if holding above .15
[10:48] {Threei} invalidated
[10:50] {bruce} yes - late spike in it - may give another hance for short
[10:50] {tomg} tqnt here, vad?
[10:52] {Threei} I doubt it
[10:52] {tomg} ok, ty
[10:52] {Threei} trades anemically
[10:52] {Threei} if that's a word
[10:55] {dino} icyno sm l .01
[10:56] {dino} cyno that is
[11:00] {bruce} nice entry
[11:01] {dino} lucky
[11:01] {dino} was waiting for about 20 minutes
[11:02] {bruce} you've got resistantce at .38
[11:03] {dino} .71 i'm more concerned w/, pretty strong bottom in, good report. we'll see
[11:03] {bruce} ag reversla candidate dino
[11:03] {dino} rmbs
[11:04] {Threei} RMBS
[11:04] {Threei} US APPEALS COURT: LOWER COURT RULING VACATED AND REMANDED CONCERNING SAMSUNG
[11:05] {dino} y ag bruce
[11:06] {Threei} PRES BUSH: GDP NUMBERS TOMMOROW WILL SHOW 'VERY SLOW ECONOMY', HAS NOT BEEN BRIEFED ON DATA
[11:07] {magoo} aapl long .31
[11:07] {dino} ag partioal fill l .33
[11:07] {dino} wide
[11:11] {dino} cyno stop to .57
[11:12] {magoo} AAPL 1:1
[11:12] {dino} make it .61
[11:13] {dino} out cyno slip .59, +.58
[11:14] {bruce} cool beans dino
[11:15] {bruce} v nice agian
[11:16] {dino} ty
[11:16] {dino} gil stuck in the mud, need break out over .50 imo
[11:16] {dino} our more at .15 dump aruond .40
[11:17] {dino} ag, need oih help it seems
[11:17] {hawkfan4} nice AAPL call mags, thx
[11:18] {magoo} oh sorry..out .87 a sec ago
[11:18] {magoo} had it laid out there
[11:18] {hawkfan4} beat me, .84
[11:18] {magoo} good HAWKERSTEIN
[11:18] {hawkfan4} lol :)
[11:19] {bruce} gils just chopping now
[11:19] {bruce} ltr possible coming up now long .27 break w 10 c stop
[11:21] {dino} ugh cyno
[11:21] {dino} too tight, hit then ran
[11:23] {bruce} trying ltr long here 42.22 stop 4c
[11:25] {dino} gil lod
[11:25] {Threei} wtasching RIMM for break
[11:26] {dino} gl
[11:26] {Threei} if this retreat is shallow enough for a safe stop
[11:26] {Threei} .35 support
[11:27] {Threei} 1:1 easy
[11:27] {bruce} here comes your 24.80 projection in gil
[11:28] {magoo} out rim .63 TY vad
[11:28] {Threei} hard core scalping eh?
[11:28] {magoo} not me
[11:29] {magoo} i investor
[11:29] {Threei} yes, I know
[11:29] {Threei} VSEC big earnings but stock is horrifying
[11:29] {Threei} dino will short it at 38 though
[11:32] {dino} bruce!!!!!!!!!!ag hard stop 64.35 ty much
[11:33] {dino} locking in $1.02
[11:33] {bruce} welcome dino
[11:33] {dino} out ty +1.02
[11:33] {dino} you da man
[11:33] {magoo} good room effort today
[11:34] {Chaeron} I"m back and missed AAPL and magoo's RIMM..... might as well go home... nothing left
[11:34] {magoo} dino, bruce, vad all made me some ching ching
[11:34] {dino} now, i will crack everybody. best day i've had in months, and i'm only trading 300 shares. not as many rinses
[11:34] {bruce} lol - just glad it worked dino
[11:35] {dino} just shy 3x's daily
[11:35] {magoo} leave evryones crack alone
[11:36] {dino} crack everybody up i wanted to say
[11:36] {bruce} nice - we need to get to 4 then
[11:36] {magoo} 100 sh short bidu loss 371
[11:36] {dino} hmmmm, actually on vads' theory for daily stop at this point
[11:37] {Threei} nah
[11:37] {Threei} but tighten trailing stop on account to 2.5x
[11:38] {dino} potatoe potato
[11:38] {bruce} half out ltr +.14 - 3 to 1 on sirk
[11:39] {dino} gj
[11:39] {dino} gil wants 24.00
[11:40] {bruce} yes - gil in dumpster mode
[11:41] {bruce} glad we diddn't rry it long earlier
[11:41] {dino} i did, one stop on it way back
[11:42] {bruce} k
[11:43] {magoo} covered bidu here ..+ .50]
[11:43] {Threei} RIMM .36 long, .19 stop
[11:45] {Threei} AAPL .51 long if holding above .35
[11:49] {Threei} big offer gets eaten on RIMM
[11:49] {Threei} interesting
[11:49] {magoo} prob roman vad
[11:49] {Threei} partialing in?
[11:54] {Threei} somehow it feels like market prepares ramp up
[11:54] {Threei} not sure why, chart is indifferent at the moemnt
[11:55] {Threei} I am more inclined to buy pullbacks for bounce than to short
[11:58] {dino} axys drop
[11:59] {bruce} stopped balance ltr +.03c
[12:00] {dino} gj
[12:02] {dino} gil sm l .28
[12:04] {bruce} was wndeing about it dino- no blowoff volume spike yet
[12:07] {dino} sometimes you just gotta say..........
[12:07] {bruce} str reversal candidate here dino
[12:08] {bruce} l str .86 stop 10 c
[12:10] {dino} str watch oih imo
[12:12] {bruce} lol- in that cawse - bad news
[12:12] {dino} good report, big drop, oil
[12:15] {bruce} stopped str -11c
[12:16] {dino} gil stop to .68
[12:17] {dino} stopped +.40
[12:17] {bruce} nice one
[12:17] {dino} opps, +.38
[12:18] {dino} ty
[12:18] {dino} taking a break
[12:18] {GeoArb} wasnt he spread too tight for you dino? :)
[12:19] {dino} lol
[12:22] {bruce} g back to lod dino
[12:24] {bruce} ag that is
[12:26] {Threei} pullback closer to .50 RIMM for long with stop under .40
[12:30] {dino} i watching it bruce
[12:32] {dino} powi
[12:32] {GeoArb} news on powi?
[12:32] {GeoArb} or on scanner?
[12:33] {Threei} nothing fresh
[12:33] {Threei} missed earning last week
[12:33] {GeoArb} i was curious how dino got it
[12:33] {GeoArb} as they just mentioned within one sec
[12:33] {GeoArb} that it got downgraded
[12:34] {GeoArb} in TTN now
[12:34] {GeoArb} he got it befor news !!
[12:34] {dino} scanner
[12:34] {GeoArb} up down?
[12:35] {Threei} look 2 days breakdown Geo
[12:35] {GeoArb} ok....
[12:36] {GeoArb} thanks
[12:36] {GeoArb} i have free news strike
[12:36] {Threei} 12:28 first alert
[12:36] {dino} just my scanner kicking them out geo, .07 increments, when they hit a few times fast, i pull the carts up
[12:36] {GeoArb} they mentioned that briefing trader downgraded
[12:37] {GeoArb} u use intelli=scan too dino?
[12:39] * Threei slaps Laserdave1 around a bit with a large trout
[12:39] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:40] {dino} no scwab street smart pro (old cyber)
[12:40] {GeoArb} yeah thats what i remembered... thanks heheheh you get it before news
[12:41] {Threei} news obviously hit earlier somwhere
[12:41] {GeoArb} ill get the 2 day scan up vad
[12:41] {GeoArb} thanks
[12:41] {Threei} yeah, first appearance there was quite early
[12:42] {Threei} ARBA
[12:42] {Threei} .43 is nice break on daily but top of the spike on intraday
[12:42] {Threei} I'd prefer little pullback, then break
[12:44] {Threei} so far market acts in accordance with what I felt:
[12:44] {bruce} mon long candidate dino - tricky one
[12:44] {Threei} pullback, return to the high,
[12:44] {Threei} now break of intraday high is needed to launch rally
[12:45] {Threei} ARBA is trying
[12:45] {Threei} if you go for it, stop under .30
[12:47] {dino} sidetracked for bit
[12:47] {dino} darn missed powi
[12:50] {magoo} whats arba entry
[12:50] {Threei} oil 116?
[12:50] {Threei} .43 melting magoo
[12:50] {magoo} ty
[12:51] {magoo} i like rimm long near 124 w/mkt up
[12:51] {Threei} me too
[12:52] {Threei} if what I feel materializes, 125 will be in cards
[12:52] {Threei} hard to tell how many shakes along the way... this is one jittery market
[12:53] {magoo} and if so..175 aapl too
[12:53] {dino} ag sm l .00
[12:54] {magoo} u just bought mine l0ol'
[12:54] {magoo} lol
[12:54] {Threei} that's true brotherhood
[12:56] {dino} so now it will work, huh?
[13:00] {dino} cyno l .01 sm
[13:03] {dino} gifi strange
[13:07] {Threei} long period of indecisiveness
[13:08] {dino} ag stopped thx for nothing magoo
[13:08] {Threei} bodes well in "never short dull market" thesis
[13:09] {bruce} don't look at gil dino
[13:10] {Threei} come on NQ
[13:11] {Threei} break 1932 and let's show shorters what dumb enthusiasm is capable of
[13:12] {Threei} here we go
[13:13] {dino} i see it
[13:13] {bruce} fdp long bounce candidate dino
[13:13] {bruce} lol
[13:13] {bruce} told you nolt to look
[13:18] {dino} :)
[13:18] {dino} fdp, hmmm
[13:18] {bruce} that was our 2 bucks
[13:19] {bruce} yes - wondering about it - one hell of a drop
[13:21] {dino} indm
[13:21] {dino} bad report
[13:22] {bruce} k
[13:25] {dino} fdp sm l .25
[13:28] {dino} navg algt
[13:32] {Threei} NQ slowly doing it
[13:32] {Threei} far from done
[13:34] {Threei} don't know if ARBA can break .50
[13:34] {Threei} serious wall there
[13:34] {magoo} lol
[13:34] {dino} .
[13:34] {Threei} looks like it's likely to... but keep stop at .38
[13:43] {dino} fdp stopped -.40
[13:44] {bruce} same dino- pos
[13:44] {dino} rinsed
[13:45] {dino} heck of an air pocket
[13:46] {bruce} yes - bigger stop than I wanted
[13:50] {dino} cyno stop to .39
[13:51] {Threei} good boy ARBA
[13:51] {Threei} feel free to take scalp as you see fit
[13:55] {Threei} you all asleep or someone is still standing?
[13:56] {magoo} .
[13:57] {judijim} hanging in:)
[13:58] {Threei} anyone got ARBA? RIMM?
[13:58] {dino} no i
[13:58] {dino} not
[13:59] {Threei} why do I even bother... :)
[13:59] {hawkfan4} i got RIMM vad, thanks :), +.48
[13:59] {Threei} whew
[13:59] {Threei} no, thank you
[13:59] {GeoArb} because you love us
[13:59] {Threei} ummmm
[13:59] {GeoArb} (figuratively)
[13:59] {Threei} very
[13:59] {Threei} lol
[14:00] {dino} fdp what the heck
[14:00] {bruce} we got faked out dino
[14:01] {dino} ya think, :)
[14:01] {dino} that sucks
[14:01] {Threei} POT
[14:01] {Threei} HEARING CHATTER URAKALI RAISES PRICE TARGET PER METRIC TON TO $1260
[14:01] {dino} off of 31.70ish maybe try long, if it goes there
[14:02] {bruce} yes - gonna wqatch it to se what comes up in it
[14:07] {bruce} out fic - quick scalp +.15c - 2 to 1 on risk
[14:08] {dino} cyno stop to .46
[14:08] {Threei} RIMM is on its way to 125
[14:10] {dino} good call
[14:10] {Threei} ty... I have my moments
[14:10] {dino} darn missed cme today, nioce run
[14:12] {bruce} thanksdino - say it took it - sorry agin - no time to post
[14:13] {bruce} those are my prefered trades - with with risk half or less of probable return
[14:14] {Threei} (UK) BOE'S BLANCHFLOWER: NOT TOO LATE TO AVOID UK RECESSION, BUT IF YOU WAIT TOO LONG, IT MAY BECOME TOO LATE- Says recent data is a worry; oil, food prices 'look like bubbles
[14:15] {dino} gj
[14:15] {dino} cyno slipped out .41 ave +.40
[14:15] {bruce} watching ag now to see if we get double botom setup
[14:16] {bruce} niceone dino
[14:16] {dino} fdp bruce coming down again
[14:19] {bruce} yes
[14:19] {dino} that thing is fast
[14:20] {bruce} yes - your preferred animal
[14:20] {bruce} double bottom n ag now but not tickled w 70 c stop
[14:21] {Threei} beautiful action NQ
[14:21] {Threei} let me reiterate... "never short dull market"
[14:21] {bruce} fdp dumped 7 bucks - so its got lots of room to retrace it we get a decent entry
[14:23] {dino} problem is it drops fast to .70-.90, then spikes fast to .40
[14:23] {dino} waiting at .70
[14:25] {Threei} direct hit RIMM
[14:26] {dino} eglt
[14:27] {Threei} premonition of the day
[14:27] {Threei} [11:54] {Threei} somehow it feels like market prepares ramp up
[14:27] {Threei} [11:54] {Threei} not sure why, chart is indifferent at the moemnt
[14:27] {dino} earnings after close,. eglt
[14:28] {judijim} good scalp on rimm +.20 thanx
[14:28] {bruce} hmmm - range trade dino?
[14:29] {Threei} jj :)
[14:30] {dino} eglt?
[14:32] {Threei} SCOR
[14:32] {Threei} HEARING INITIATED WITH A BUY RATING AT NEEDHAM (
[14:33] {dino} cyno l sm .15
[14:43] {dino} cyno stop to .51
[14:43] {dino} ksws
[14:43] {dino} nah
[14:43] {bruce} l ag .74 stop 20c
[14:44] {bruce} out ag - quick scalp +.25
[14:44] {Threei} RUSSIAN FOREIGN MIN: RUSSIA WILL RETALIATE IF GEORGIA RESORTS TO FORCE IN CONFLICT ZONES
[14:44] {Threei} oh goodie
[14:44] {dino} nice entry ag
[14:45] {bruce} thanx dino- maybe shoulda held for more
[14:45] {bruce} exitlooks pretty pathetic
[14:45] {dino} flat or up is good imo
[14:47] {bruce} may give us another entry
[14:47] {dino} cyno to .59
[14:47] {bruce} I think it'll retrace to about 63
[14:47] {dino} .75 problem cyno
[14:48] {dino} out cyno .58, +.43
[14:48] {bruce} nice one
[14:48] {bruce} dino's buying the beer
[14:48] {dino} ty, been good to me today
[14:48] {bruce} everyone invited
[14:49] {dino} lol, would luv a beer, but son's baseball game tonight and i coach
[14:49] {Threei} your presence is not mandatory dino
[14:50] {Threei} we can drink your beer while you are busy
[14:50] {dino} ouch, is my nose bleeding, vad tagged me
[14:50] {dino} don't give magoo ideas
[14:50] {Threei} of course would be happy to have you at your party... but if you can't be there...
[14:50] {Threei} lol
[14:50] {bruce} lol - excuses excuses
[14:50] {dino} ag big pullback
[14:52] {bruce} want it around .50 dino
[14:55] {Threei} feels like one last push upward before it's over
[14:56] {dino} as we know it, yes
[14:56] {dino} f'ing fdp
[14:56] {dino} eglt approaches lod
[14:59] {dino} don't even look at iclr
[15:01] {judijim} have a great rest of the trading day, we done and in the +, yeah, be back tomorrow
[15:01] {judijim} or better we're done
[15:02] {dino} gj jj
[15:03] {Threei} takee care jj
[15:03] {Threei} wow... server dump
[15:05] {GeoArb} back
[15:06] {Chaeron} .
[15:07] {dptl} wow am i here?
[15:07] {Chaeron} yep dp
[15:07] {dptl} thx
[15:10] {Threei} (VZ) VENEZUELAN PRES CHAVEZ: OIL PRICES ARE SITTING AT A 'FAIR LEVEL'
[15:10] {Threei} lovely
[15:10] {dino} .
[15:17] {dino} ag
[15:27] {dino} ag sm l .15
[15:27] {Threei} rally is pretty much for today
[15:28] {magoo} huh??
[15:28] {Threei} opretty much done that was
[15:34] {Threei} look to short RIMM into bounce closer to 127
[15:41] {dino} ag stopped done w/it -.45
[15:41] {dino} too tough
[15:44] {dino} can you say rinse?
[15:46] {magoo} yeah..but can't spell it
[15:47] {Threei} lol
[15:47] {Threei} feel free to cover RIMM
[15:54] {Threei} thank you all, have a good evening
[15:54] {Threei} see you tomorrow
[15:54] {dptl} have a good evening all:)
[15:54] {magoo} thanx vad
