Oct 21 2008
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Session Time: Tue Oct 21 00:00:00 2008
[08:06] {magoo} jhhdfdhffyjyfv
[08:06] {Threei} lkgoidnht?
[08:06] {Threei} anyway... good morning
[08:07] {lisa_jay} Hi Vad. I am finally here.
[08:07] {Threei} hi lisa, welcome back :)
[08:07] {lisa_jay} Thank you.
[08:07] {lisa_jay} $%^%$# Magoo. Hope you remember me.
[08:08] {magoo} morn lisa...why u swearing at me already? he he
[08:09] {lisa_jay} I:-)
[08:09] {Threei} oh mags, just look in the mirror...
[08:09] {lisa_jay} Vad, is it too early for questions?
[08:09] {Threei} and tell me it didn't made you swear {G}
[08:10] {Threei} shoot lisa
[08:11] {lisa_jay} Should I place hard stops in the system or manually close position if stop price hit?
[08:11] {Threei} it's a matter of 2 things
[08:11] {Threei} 1. personal discipline
[08:11] {Threei} 2. ability ot be at your computer
[08:12] {Threei} if you are good at executing stops without second-guessing them, and can be at your station majority of the time, I would prefer manual stops
[08:12] {Threei} if you have to leave for a few hours, place hard stop
[08:13] {Threei} if you know thyself and suspect you may ignore the stop in hope stock recovers... place hard stop and don't give yourself a chance to ruin your account
[08:14] {lisa_jay} Ok, thank you.
[08:15] {Threei} one more advice about stops
[08:15] {Threei} every time you have to take a stop, slap magoo with trout - it helps cope with loss
[08:15] {lisa_jay} Sounds fishy.
[08:15] {Threei} it is
[08:15] {Threei} but it works
[08:16] {Threei} both emotional relief and satisfaction of delivering joy to thy neighbor
[08:16] {Threei} help immensely
[08:24] {magoo} :)
[08:34] {magoo} AKS vad news?
[08:36] {Threei} 08:31am [AKS] Reports Q3 $1.67 v $1.45e, R $2.16B v $2.16B
[08:36] {magoo} UAUA active
[08:37] {Threei} 08:31am [UAUA] Reports Q3 -$1.99 v -$2.48e (ex items), R $5.57B v $5.54Be
[08:51] {Onix} Good morning all
[08:51] {Threei} onix :)
[08:52] {Threei} if it were tradinhg hours, I'd say short UAUA on .50 breakdown
[08:53] {magoo} huh?trading hours?
[08:54] {cosmo} i count 24
[08:54] {Threei} market isn't open yet mags... noticing such fine nuances?
[08:56] {Threei} hmmm
[08:56] {Threei} how did I get a fill at .55 for 600?
[08:56] {lisa_jay} How to play sound when new message?
[08:56] {Threei} shurg... whatever, stop above .60
[08:57] {Threei} someone recently consulted on that
[08:57] {Threei} was it geo?
[08:57] {lisa_jay} thtt
[09:01] {Threei} FED SETS UP NEW PROGRAM TO BUY MONEY MARKET FUNDS, NOTING THAT MONEY MARKET FUNDS ARE HAVING TROUBLE MEETING REDEMPTIONS
[09:08] {dino} gm all
[09:08] {Threei} dino :)
[09:09] {Geo} gm
[09:09] {Threei} geo :)
[09:10] {dino} hmmmmmm
[09:11] {dino} bank runs, money market $ going under mattresses
[09:12] {ese} god morning.....
[09:12] {Threei} ese :)
[09:12] {ese} hey vad
[09:15] {Threei} covered half .25 and .26
[09:21] {dptl} good morning all
[09:22] {ese} dp.....
[09:22] {ese} it's cold over here....how bout the mainland?
[09:22] {Threei} dp :)
[09:23] {dptl} :)..yeah its cold here too
[09:27] {magoo} calling for light snow here in n.e.pa
[09:27] {Threei} covered in full .20
[09:27] {ese} should be cheaper for you to get over here dp...BC ferries is going to cut the gasoline surtax maybe.....
[09:28] {dptl} oh good..:)
[09:28] {Threei} snow in Ontario
[09:28] {ese} they can have it.....
[09:29] {Threei} aww, too soon on UAUA
[09:31] {Threei} 13 break long half lot if stays above .80
[09:31] {peterg} morning
[09:31] {Threei} peter :)
[09:31] {Threei} aggressive entry .91
[09:32] {Threei} invalidated
[09:34] {dino} itri v sm s .86
[09:34] {Threei} fooled us UAUA
[09:34] {Threei} Long Setup: JNPR .30 if stays above .15
[09:37] {Threei} 1:1, half out
[09:37] {Threei} scalpers know what to do
[09:37] {hawkfan4} SLM 11.01, stop 10.90
[09:38] {magoo} nice uaua vad
[09:38] {Threei} out in full JNPR
[09:38] {Threei} +.30
[09:38] {hawkfan4} nice one thx
[09:38] {Geo} nice vad
[09:39] {hawkfan4} stopped slm -.12
[09:39] {Threei} Long Setup: ADBE 29 break if stays above 28.80
[09:41] {Threei} grrr
[09:41] {Threei} forgot about MPEL
[09:42] {hawkfan4} alth too
[09:44] {dino} sgp sm l .90
[09:44] {Threei} UAUA, I am crying
[09:45] {dino} cof sm l .35
[09:45] {magoo} u are not alone
[09:48] {ese} L line. 28 and it's moving
[09:50] {ese} wanted .20 but it was moving to fast
[09:51] {ese} may have cahsed a litle but I think it will be OK
[09:51] {ese} thats Chased...
[09:52] {Threei} ok market, time for explosion
[09:52] {Threei} just don't get confused which way
[09:53] {Threei} Long Setup: NQ 1330 break
[09:53] {Threei} Short Setup: QID .80
[09:53] {Geo} in
[09:54] {Threei} ugh, late on QID
[09:54] {Threei} don't chasde, let it bounce
[09:54] {Threei} its volatility often allows for wentry on snapback
[09:54] {Threei} half lot btw
[09:54] {Geo} stop 24 vad?
[09:54] {Threei} yes
[09:55] {ese} stop to .14 LINE
[09:55] {Threei} cover half QID
[09:55] {Threei} bounced right into short trigger
[09:56] {Threei} quit fooling sround market, break that 1335 and go
[09:56] {dino} micc blood
[09:56] {dino} itri cov .13 -.27
[09:58] {ese} out line stopped.......
[09:59] {Threei} Long Setup: GERN .75 if stays above .60
[09:59] {ese} my own fault.....should have taken that initial run up......it got away on me
06[09:59] * Threei kicks NASDAQ in the rear
[10:00] {Geo} nq half target 35 vad?
[10:00] {Threei} on a spike above it
[10:00] {dino} micc sm l .98
[10:00] {Geo} drat
[10:00] {Geo} missed gern
[10:00] {Threei} hmmm
[10:00] {Geo} got it
[10:00] {Geo} :)
[10:00] {Threei} there is something Geo doesn't tell us
[10:00] {Threei} GEO
[10:00] {Threei} AWARDED JOINT CONTRACTS FOR THE CONSTRUCTION AND MANAGEMENT OF A NEW 2,000-BED SPECIAL NEEDS PRISON IN FLORIDA
[10:01] {Geo} well i am special
[10:01] {Threei} Attention: ADBE half out at 1:1
[10:01] {Threei} here is your spike Geo
[10:02] {Geo} got it TY
[10:02] {Threei} QID players fell free to cover as you see fit
[10:02] {Threei} nice 60 cents here
06[10:02] * Geo feels selfish for making wvad work harder
[10:02] {Threei} you should
[10:02] {Threei} I mean, nice dollar here
[10:03] {Threei} good boy market
[10:03] {Geo} new stop vad?
[10:03] {Threei} just under b/e
[10:03] {Threei} IMO
[10:03] {Geo} yeah thats where i am
[10:03] {Threei} this is not a scalping market for me
[10:03] {Threei} capable of bigger move
[10:03] {Threei} let it breathe
[10:04] {Threei} Attention: ADBE 1/4 out at 1:2
[10:04] {Geo} gern slow
[10:04] {Threei} you in a hurry?
[10:04] {Geo} ill be here ALL day
[10:04] {Threei} 1:2 hit ADBE
[10:05] {Threei} new stop for the last portion is .15
[10:05] {tomg} ty nq vad
[10:05] {Threei} welcome tom
[10:06] {Geo} still in with one lot in NQ
[10:06] {Threei} hold it
[10:06] {dino} out cof .95, +.60
[10:06] {Geo} stop 1330.5
[10:06] {Threei} offer it for sale at, ummm
[10:06] {Threei} 50 - 55
[10:06] {Geo} 55 hehehehe
[10:07] {Threei} UAUA
06[10:07] * Geo getting spoiled
[10:07] {Threei} 14 break for adventurous
[10:09] {ese} are you thinkin 14.01 uaua vad
[10:09] {dino} pru sm l .25
[10:09] {Threei} yes
[10:09] {Threei} it's likely to be very fast on a break
[10:10] {Threei} let's get bold and offer last portion ADBE at 29.90
[10:10] {Threei} FED TO PROVIDE UP TO $540B IN NEW MONEY MARKET PROGRAM
[10:10] {dino} this market wants to rock, imo
[10:11] {Threei} this is frikin monoply money
[10:11] {Threei} 540B? no problem
[10:11] {Threei} yes dino
[10:11] {Threei} 10:03] {Threei} this is not a scalping market for me
[10:11] {Threei} [10:03] {Threei} capable of bigger move
[10:11] {dino} why don't they just become insurance company and charge premiums
[10:12] {Geo} gap almost filled?
[10:12] {Geo} no prev res
[10:12] {ese} have to pass on uaua......see you all tomorrow....this tue thurs thing is going to drive me nuts
[10:12] {Threei} take care ese...
[10:12] {ese} take care all
[10:12] {Geo} cya ese
[10:13] {magoo} bye es
[10:13] {hawkfan4} ok, gotta run to the bank, so hold on to your hats...
[10:13] {dino} later es
[10:13] {Geo} hahah thanks hawk
[10:13] {magoo} hawker:)
[10:14] {Geo} should the bank just open a counter where he is?
[10:14] {dino} pru stopped -.34
[10:15] {Geo} nq 1350 resistance
[10:15] {Threei} break that 50 NQ
[10:15] {dino} resistance is futile
[10:15] {Threei} totally
[10:16] {Geo} thats what i told my gf before she agreed to marry me
[10:16] {Threei} tale of deep regrets follows?
[10:16] {Geo} for her yes
[10:16] {Geo} i got a good deal
[10:16] {Threei} of course not yours dummy
[10:16] {Geo} lol
[10:16] {Threei} lol
[10:16] {Threei} good boy NQ
[10:17] {Threei} ADBE new high
[10:17] {Geo} sigh GERN
[10:17] {Geo} oh well stop is in place
[10:17] {Threei} what are you sighing about?
[10:17] {Geo} ummm
[10:17] {Geo} nothing
06[10:17] * Geo hides
[10:18] {Threei} some are so demanding...
[10:18] {Geo} i just feel bad for gern
[10:18] {Geo} this must be bad for their self confidence
[10:20] {dino} wmt sm l .00
[10:21] {dino} poor gern.....moving on, lol
[10:22] {Geo} darn
[10:23] {Geo} i think vad should work harder in NQ.... it will keep him sharp
[10:23] {Threei} new high ADBE
[10:23] {Geo} there is nothing in it for me of course
[10:24] {Threei} so... anyone is capable of holding last portion THAT long on ADBE? :)
[10:24] {Threei} or your scalping instincts take over?
[10:25] {Threei} probably market needs some rest
[10:25] {lisa_jay} Scalped for break even on ADBE...could not deal with volatility (initially). As a penance (sp), holding firm on GERN.
[10:26] {Geo} yeah me breakeven on adbe too
[10:26] {Threei} wow
[10:26] {Geo} fatfingered 2 lots by mistake
[10:27] {Geo} didnt help me
[10:27] {Geo} so got out at even
[10:27] {Threei} I don't know how you guys manage to stay breakeven on a stock that moves 60 cents with 20 cents stop... never touching stop level
[10:27] {Threei} come on, a bit of discipline
[10:27] {Threei} let's trail GERN to under .65
[10:27] {lisa_jay} Yes. I will not doubt you again :-)
[10:27] {Geo} welli should have exited one lot at breakeven and traded like nothing happenned
[10:28] {Threei} it's not even me to doubt or not... it's simply rules of trading
[10:28] {Threei} stop is not tagged - stay in
[10:28] {Threei} don't trade on noize
[10:28] {Geo} sniff
[10:29] {lisa_jay} Yes. Learnt the hard way (paid 40c) for it.
[10:29] {Geo} ndaq running
[10:29] {Threei} literally 40c?
[10:30] {Geo} nq stop vad?
[10:30] {Threei} under .35
[10:30] {Threei} but come on
[10:30] {Threei} my target was 50 -55
[10:30] {Threei} it hit 54
[10:31] {Geo} got distracted by gap fill
[10:31] {Geo} no excuse
[10:31] {lisa_jay} Seriosly, this is one aspect of trading that i am trying to master, and avoiding taking profits too soon (before 1:1)
[10:33] {lisa_jay} There goes gern.
[10:33] {dino} micc stopped
[10:34] {Threei} {GERN} well Geo... are you still unhappy with me?
[10:34] {Geo} :)
[10:34] {dino} wmt stopped -.35
[10:34] {dino} stop city
[10:34] {dino} starting over
[10:35] {lisa_jay} Vad 1:1 on Gern is .90 or .85? Thank you.
[10:36] {Threei} formally .90...
[10:36] {Threei} noty sure what the best way to play it would be
[10:36] {Threei} let's re-evaluate as it gets there
[10:37] {Threei} it climbs nicely andf against the market, but overall this stock has a history of disapointing
[10:37] {lisa_jay} ok, thanks
[10:40] {Geo} nflx got beatup up
[10:42] {Geo} powerup?
[10:42] {Threei} let's trail GERN under .70
06[10:43] * Geo promises not to fail on NQ this time
[10:44] {Threei} LOL, YHOO saga will never end:
[10:44] {Threei} HEARING RENEWED TAKEOVER CHATTER CIRCULATING
[10:44] {Threei} {MSFT}
[10:44] {Geo} man yang should have been kicked out long time ago
[10:46] {Threei} I am gettinf feeling that oil is going to get killed after OPEC cut
[10:47] {Geo} stopped NQ
[10:47] {Geo} good lesson
[10:48] {Geo} TY vad
[10:48] {Threei} still stopped on a trail, in plus, right?
[10:48] {Geo} still got 8 points one one and 4 on other
[10:48] {Geo} on one
[10:49] {Geo} so 240 bucks
[10:49] {Geo} not banking second lot on 54 was a big mistake
[10:50] {Threei} maybe not exactly 54, it's hard to nail exact top,
[10:50] {Geo} i had it on 50
[10:50] {Threei} but when it lost 50, .49 should have been taken
[10:50] {Geo} moved to 55 heheh
[10:50] {Geo} thought gap would fill
[10:50] {Geo} good to know
[10:50] {Geo} nice way to exit
[10:50] {Threei} so, 49 - 34 = 15x20 = $300, right?
[10:51] {Geo} yeah :(
[10:51] {Threei} write it down as a price of mistake
[10:51] {Threei} and look at it every time you experience doubt
[10:51] {Geo} thats a great way to exit vad
[10:51] {Geo} loses round nuber
[10:51] {Geo} exit
[10:51] {Geo} never thought of that
[10:53] {dino} sgp stop to flat
[10:54] {dino} stopped sgp 0.0
[10:56] {lisa_jay} GERN stopping out almost.
[10:56] {Threei} Short Setup: UAUA .59 if stays below .70
[10:58] {Threei} invalidated
[10:58] {dino} hig sm l .00
[11:06] {Geo} out gern
[11:15] {Geo} .
[11:17] {dino} last try, v sm, micc l .20 wide
[11:22] {dptl} leaving earlier...have a good day all
[11:22] {hawkfan4} cya dp
[11:23] {Threei} take care dp
[11:25] {dino} cya dp
[11:27] {dino} micc stopped done w/it
[11:31] {lisa_jay} Slow right now. So going to introduce myself.
[11:31] {Chaeron} good morning all... sorry I'm late
[11:32] {lisa_jay} New trader (paper traded for a while), real small position size trading for over 5 months with slow churn and bleeding.
[11:32] {lisa_jay} Seeking help from the Gods...hence joined Vad :-)
[11:32] {Chaeron} welcome LJ
[11:33] {lisa_jay} Thanks Chaeron.
[11:33] {Chaeron} don't mind the lousy typing, spelling or jokes and you'll have a blast
[11:34] {lisa_jay} Actually went through nearly every chat log that is posted on Vad's blog. So used to the jokes...my kind of humor.
[11:34] {Chaeron} ahhh... birds of a feather
[11:34] {Chaeron} (no offense Raven) :)
[11:35] {dino} welcome to the jungle lisa
[11:35] {lisa_jay} Thank Dino.
[11:35] {lisa_jay} Sorry..
[11:35] {lisa_jay} Thanks.
[11:35] {Threei} chaeron :)
[11:36] {Chaeron} morning sir... all quiet now I got here?
[11:36] {Raven} {}
[11:37] {Chaeron} DRYS...
[11:37] {Geo} welcome lisa jay
[11:37] {Threei} yes chaeron
[11:37] {lisa_jay} Thanks Geo.
[11:37] {Threei} we have one more room now
[11:37] {Threei} and as soon as you connect we move calls in there
[11:37] {Chaeron} :P
06[11:38] * Geo is worried now
[11:38] {Chaeron} well, Geo and I know the address of that monastary with all females
[11:38] {Geo} "monastry" eh
[11:39] {dino} rally
[11:39] {Chaeron} monastery... sorry
[11:40] {Threei} OK, feels like we have bottomed
[11:41] {Threei} time to starty trying them again
[11:41] {Threei} Long Setup: ADBE 29.10
[11:41] {Threei} if stays above 29
[11:42] {Threei} Long Setup: JNPR 19.21 if stays above 19.10
[11:43] {Threei} change of plans ADBE - entry if NQ sharply turns upward
[11:43] {Threei} aggressively
[11:45] {dino} hmm no rally
[11:45] {dino} scanner fooled me
[11:46] {Geo} as long as its the scanner
[11:46] {Geo} and not the 8 ball
[11:46] {dino} lol
[11:47] {Threei} it's either failure or last pullback
[11:47] {Threei} JNPR is too weak
[11:47] {Threei} made new low whiole NQ is merely pulled back
[11:47] {magoo} this mkt blows
[11:48] {magoo} today and yesterday
[11:48] {Geo} lol magoo
[11:54] {Threei} no clear trades here
[11:54] {Threei} waiting
[11:55] {dino} sizing and widening, fwiw
[11:56] {dino} clhb, qcom, interesting
[11:56] {dino} so is my chicken salad sandwich
[12:10] {dino} cof sm l .30
[12:16] {Chaeron} Andrew Clark in New York The Guardian, Saturday October 18 2008 - "The boss of a successful US hedge fund has quit the industry with an extraordinary farewell letter dismissing his rivals as over-privileged "idiots" and thanking "stupid" traders for making him rich."
[12:16] {Chaeron} finally... someone thanks me for my trading abilities
[12:17] {lisa_jay} Lol
[12:17] {dino} cof stopped -.33
[12:17] {Geo} andrew lagde
[12:17] {Geo} lahde
[12:17] {Geo} and yeah he also called for legalization of hemp
[12:17] {Geo} and formation of a leadership fpprum by soros
[12:18] {Geo} anderson alumni
[12:21] {Threei} OPEC SEC GENERAL AL-BADRI: SEES GLOBAL OIL SUPPLY RUNNING AT SURPLUSES BY THE END OF 2008 AND FIRST TWO QUARTERS OF 2009
[12:21] {Geo} my pilot gets nearer
[12:24] {Threei} MPEL substantial pullback
[12:24] {dino} clhb sm l .85
[12:24] {dino} .95
[12:27] {Threei} volume p;attern is changing on NQ
[12:27] {Threei} lower on pullbacks, higher on advances
[12:28] {Threei} Long Setup: UAUA .51
[12:28] {Threei} stop under .40
[12:29] {Threei} Long Setup: NQ 1308 if not losing 1304 anymore
[12:30] {dino} brb
[12:31] {Threei} .short qid half lot under 71
[12:31] {Threei} stop above 71.25
[12:33] {Threei} QID 1:1
[12:33] {Geo} nq target vad?
[12:33] {Threei} closer to 1320 for now
[12:33] {Threei} will re-evaluate as it gets there
[12:34] {Geo} QID seems lot faster than NQ
[12:34] {Threei} volatile thing
[12:34] {Geo} yeah
[12:34] {Threei} ultrashort ETF
[12:34] {Geo} ah
[12:34] {Geo} never played
[12:35] {Threei} try with small shares first
[12:35] {Geo} you do full lot?
[12:35] {Geo} exactly
[12:35] {Threei} only when I am very confident
[12:35] {Chaeron} UAUA needs a boot soon...
[12:35] {Geo} looks like a 300 for me
[12:36] {dino} sgp l .50
[12:38] {Threei} QID 1:2
[12:38] {Threei} wow
[12:38] {Threei} out .42
[12:38] {Geo} NQ one lot out
[12:38] {Geo} 1:1
[12:40] {Geo} stop still o4 vad?
[12:41] {Threei} want to tail it and don't want to overtighten...
[12:41] {Threei} how about 06?
[12:41] {Geo} NQ moves diff
[12:41] {Threei} yeah
[12:41] {Geo} back and fills
[12:41] {Threei} that's why I am in doubt
[12:42] {Threei} can't trail NQ like usual stock
[12:42] {Threei} will be shaken out 9 out of 10
[12:42] {Geo} definately tougher
[12:42] {Geo} gys who took QID smirking
[12:43] {Threei} that's what we natural born smirkers do
[12:43] {Geo} :)
[12:44] {Threei} do this Geo
[12:44] {Threei} watch the NQ move,
[12:44] {Threei} wantchg according QID move,
[12:45] {Geo} lol
[12:45] {Threei} compare them to see the correlation,
[12:45] {Geo} just set that up
[12:45] {Threei} then calculate how many shares will match how many contracts
[12:45] {Threei} compare volatility in terms of violating the setup to account for slippage
[12:45] {Threei} and you'll get your way to play QID
[12:47] {Geo} out NQ
[12:47] {Chaeron} finally UAUA
[12:47] {Chaeron} 1:1
[12:48] {Geo} 1000 shares QID apprx 3 contracts of NQ
[12:49] {Geo} so i guess my 300 QID was good as its one NQ
[12:49] {Geo} looking at vol now
[12:50] {Threei} hmm
[12:50] {Threei} doesn't look right to me
[12:50] {Geo} ?
[12:50] {Threei} my feeling is, 1000 shares QID is closer to 5 contracts
[12:53] {Geo} 1k QID = 70k 3 NQ = 78k
[12:53] {Geo} apprx
[12:55] {Threei} ?
[12:55] {Geo} leverage
[12:55] {Threei} this is wrong way to compare
[12:55] {Geo} ok
[12:55] {Threei} weigh the size of the movement against each other,
[12:55] {Geo} ok
[12:55] {Threei} see how much $ you make on 1 contract NQ
[12:56] {Geo} ok
[12:56] {Threei} calculate how many shares you need on QID to make the same amount of money on the move that corresponds with NQ
06[12:56] * Geo back to drawing board
[12:56] {Threei} meaning,
[12:56] {Threei} (just an ewxample)
[12:56] {Threei} 5 points NQ equal 50 cents QID
[12:56] {Geo} sniff
[12:56] {Threei} not saying it is, that's for to observe
[12:57] {Threei} 1 contract on 5 points gives you $100
[12:57] {Threei} then you need 200 shares QID to gain the same on corresponding move
[12:58] {Threei} capishe?
[12:58] {Geo} sigh
[12:58] {Geo} you right vad
[12:58] {lisa_jay} Thank you Vad, got 20c on UAUA.
[12:58] {Threei} good job lisa
[12:58] {Geo} still half in UAUA
[12:58] {Threei} good job sitting tight and letting trade work out
[12:58] {Threei} I know it tempted you to quit zillion times
[12:59] {Geo} man NFLX pounded for outlook
[12:59] {lisa_jay} :-)
[12:59] {lisa_jay} I learnt the hard way that good things come to those who wait.
[12:59] {Geo} you make a good case for trading QID rather than NQ vad lol
[13:00] {Geo} the stops on QID definately easier
[13:01] {Threei} I don't know lisa... I tried that yesterday, sat and stared at the ceiling telling my wife that I was waiting for Angelina Jolie to come... nothing good came out of it
[13:01] {Geo} didnt wait lon enuff
[13:02] {Threei} I want to see how long you can wait under frying pan hitting you on the head
[13:02] {Geo} lol
[13:03] {Geo} at 1X now
[13:03] {Geo} would be 2.5X if i had played NQ better
[13:03] {lisa_jay} Lol.
[13:04] {Geo} sheesh..... entry/stop/target spoonfed
[13:04] {Geo} and still lost that
[13:04] {Geo} delete that from log vad !!!!
[13:05] {Threei} nope
[13:06] {Threei} too much work
[13:06] {Threei} OPEC'S AL BADRI: OPEC HAS NO DEFINED 'PRICE RANGE'
[13:06] {Threei} yeah, it's just the more the merrier
[13:10] {lisa_jay} UAUA hit 1:3
[13:19] {Threei} Long Setup: JNPR 19 break if sstays above 18.90
[13:21] {Threei} 1:1 in a hurry
[13:22] {Chaeron} UAUA in 13.51, out 13.89 +0.38 Thanks Threei... it hit 4:1
[13:22] {Geo} half out
06[13:22] * Threei slaps Chaeron around a bit with a large trout
[13:22] {Geo} nice chaeron
[13:22] {Geo} olympic hold
[13:22] {Threei} LARGE US BANKS' 2008 FINANCIAL RESULTS WILL REPORTEDLY BE SCRUTINIZED ON EXECUTIVE PAY BY THE SEC
[13:22] {Chaeron} thx guys
[13:35] {Threei} yawn
[13:36] {Threei} trades come in bursts... followed by lull period
[13:39] {Threei} as strange as it may seem... but UAUA 14 break is still on the deck
[13:57] {Geo} out UAUA
[13:57] {Geo} oops
[13:57] {Geo} JNPR
[13:59] {Threei} make up your mind will ya
[13:59] {Threei} what is it you are out of
[13:59] {Threei} I am badly confused
[13:59] {Threei} lost
[14:00] {Threei} bedazzled
[14:00] {Threei} in short, I feel like magoo
[14:00] {dino} good movie
[14:00] {Threei} lost is not baad too
[14:01] {Geo} if sstays above 18.90
[14:01] {Geo} so stopped
[14:01] {Threei} yeah, but don't we train after 1:1?
[14:01] {Threei} trail
[14:02] {Geo} hmmm didnt move stop on secod half
[14:02] {Geo} you went to breakeven?
[14:02] {Threei} some don't read courses, books and other nuggets of wisdom I shower them with
06[14:03] * Geo is embarrassed
[14:03] {Threei} it's a routine... scalp - take 1:1, day trade - partiasl and trail
[14:03] {dino} strange day
[14:03] {Geo} where did ya move your stop vaD?
[14:03] {Threei} couple cents under trigger
[14:04] {Geo} ok
[14:04] {Geo} i was out of 700
[14:04] {Geo} but didnt move stop :(
[14:07] {lisa_jay} I got 10c from JNPR, thanks Vad.
06[14:07] * laserdave1 slaps Threei around a bit with a large trout
[14:07] {Threei} welcome lisa
06[14:07] * Geo slaps laserdave1 around a bit with a large trout
06[14:07] * laserdave1 slaps Chaeron around a bit with a large trout
06[14:07] * laserdave1 slaps Geo around a bit with a large trout
[14:07] {Threei} sigh... sneaked in unnoticed eh?
06[14:07] * laserdave1 slaps magoo around a bit with a large trout
[14:07] {Geo} i thought he would get to me later
06[14:07] * laserdave1 slaps magoo around a bit with a large trout
06[14:07] * laserdave1 slaps magoo around a bit with a large trout
[14:07] {laserdave1} ya witha few bonus ones for magoooooooo
[14:08] {dino} magoo's out.
[14:09] {Threei} cold?
[14:09] {laserdave1} hes out?
[14:09] {laserdave1} really
[14:09] {laserdave1} hmmm ok
[14:09] {laserdave1} thanks for the tip
06[14:09] * laserdave1 slaps magoo around a bit with a large trout
06[14:09] * laserdave1 slaps magoo around a bit with a large trout
06[14:09] * laserdave1 slaps magoo around a bit with a large trout
[14:09] {laserdave1} appreciate teh heads up :)
[14:09] {dino} lol
[14:09] {dino} out of office
[14:09] {Geo} trouting in absentia
[14:09] {laserdave1} gotcha
[14:14] {dino} oiut sgp .62, +.12
[14:15] {Threei} careful dino...
[14:16] {Threei} OPEC SEC GENERAL AL-BADRI: OPEC WILL NOT ASK RUSSIA TO CUT PRODUCTION
[14:16] {Threei} lol
[14:16] {dino} ??
[14:17] {Threei} you think they should?? :)
[14:17] {dino} cetv sm l .00
[14:18] {Threei} oh, you wondered about "careful"?
[14:18] {Threei} that's 'cause taking 12 cents profits you again intervene into my territory :)
[14:19] {dino} ahhh, ok, went size
[14:19] {dino} had pretty good floor
[14:19] {Threei} yeah, thick one
[14:19] {Threei} not exactly the kind you usually play
[14:19] {dino} i wanted cme at 320, never got there
[14:19] {dino} mkl nice
[14:20] {dino} cedc off of .00 may be worth try
[14:20] {dino} still think qcom comes back a buck too
[14:20] {dino} so, basically watching alot of sh#t
[14:22] {Threei} still interested in UAUA 14 break
[14:22] {Threei} too strong to ignore
[14:23] {dino} oih heading up fwiw vs uaua
[14:24] {Chaeron} .90 stop UAUA?
[14:25] {Threei} if it stays above it before triggering, yes
[14:29] {Geo} wow
[14:29] {Threei} that was frikishly fast
[14:29] {Geo} i used OMS stop not stop liomit
[14:29] {Geo} got 14.09
[14:29] {Geo} sheesh never doing that again
[14:29] {Threei} why would you do that
[14:29] {Geo} i guess thats market
[14:30] {Threei} half out
[14:30] {Threei} .11
[14:30] {peterg} nickel
[14:30] {Threei} stop to .95
[14:31] {Threei} took scalp in full peter?
[14:31] {peterg} yes
[14:31] {Threei} OK... I just waited for this break for too long :)
[14:32] {peterg} what did you get in at?
[14:32] {Threei} 14.03
[14:32] {lisa_jay} Took 9c, buy on pullback after break. Thanks Vad.
[14:32] {Threei} lisa :)
[14:33] {peterg} good0
[14:33] {Geo} half out .19
06[14:33] * Geo trying to redeem himslef
[14:34] {Threei} now I know for sure magoo is not in the office
[14:34] {Threei} since no one says "redeem this" swinging the trout
[14:34] {Geo} 100 left
[14:34] {Geo} 200
[14:34] {Geo} lol
[14:34] {Threei} 1:2, 1/2 more out
[14:34] {Threei} 1/4, sorry
[14:34] {lisa_jay} Just wanted to add that if i played today with a decent size, would have paid for course on first day.
[14:34] {Chaeron} guys need to review fraction math.........
[14:35] {Threei} there you go lisa... when doing things right it pays for itself
[14:35] {Geo} course or month?
[14:35] {Threei} beautiful UAUA
[14:35] {Geo} all out
[14:35] {Threei} me too
[14:35] {lisa_jay} Course...and months too. Sigh..UAUA too eager to get out!!!
[14:35] {Threei} .28
[14:35] {Geo} .26 darn
[14:35] {Geo} 17 cents after boo boo entry
[14:36] {Chaeron} UAUA in 14.02 out 14.27... took $0.25... thanks Vad
[14:36] {Geo} now that luck dino :)
[14:36] {Geo} wow UAUA
[14:36] {Chaeron} now it goes to 16...:)
[14:37] {Threei} hehe
[14:37] {Chaeron} that nice vol spike at 13.97+ area really tip it off
[14:38] {Threei} [13:39] {Threei} as strange as it may seem... but UAUA 14 break is still on the deck
[14:38] {Threei} one hour ago, lo0l
[14:38] {Geo} I am amazed after so many mistakes i have paid for one month room
[14:38] {Threei} lol
[14:39] {Threei} you mean today
[14:39] {Geo} yup
[14:39] {magoo} back
[14:39] {Geo} dave was looking for you
06[14:39] * Chaeron slaps magoo around a bit with a large trout
[14:39] {Threei} [14:33] * Geo trying to redeem himslef
[14:39] {Threei} [14:34] {Threei} now I know for sure magoo is not in the office
[14:39] {Threei} [14:34] {Threei} since no one says "redeem this" swinging the trout
[14:39] {Chaeron} man... you missed a lot
06[14:40] * Geo slaps Chaeron around a bit with a large trout
[14:40] {Geo} thtas our line for you
[14:40] {Chaeron} lol
[14:40] {Geo} lol
[14:40] {Chaeron} 15 coming on UAUA
[14:40] {Chaeron} sheesh
[14:40] {Geo} dont tell me you still in
[14:40] {Chaeron} saw I was out and said " See ya!"
[14:41] {Chaeron} out at .27
[14:41] {Geo} vad?
[14:41] {Geo} your 1/4 left?
[14:41] {lisa_jay} Are you still in UAUA Vad?
[14:41] {Threei} no
[14:41] {Threei} 14:35] {Geo} all out
[14:41] {Threei} [14:35] {Threei} me too
[14:41] {Threei} [14:35] {Threei} .28
[14:41] {Geo} for the amount of time you waited for this
[14:41] {Geo} you should have held overnigth !
[14:42] {Threei} well, it's not like I sat not breathing or doing aything else, staring at UAUA
[14:42] {Geo} hhehehe
[14:42] {lisa_jay} He was waiting for A. Jolie.
[14:43] {peterg} shes here with me
[14:43] {peterg} brad and the kids too
[14:43] {Threei} and what do you know... UAUA dropped by first
[14:43] {Geo} evening tea peterg?
[14:43] {peterg} yes & reading religious literature
[14:43] {Chaeron} hey peter... do drinking and trading allowed :)
[14:44] {Threei} peter... send her over but please, keep brad and kids
[14:44] {lisa_jay} We are happy it was UAUA first.
[14:44] {Chaeron} that's NO drinking
[14:44] {Geo} of course peterg
[14:44] {peterg} she want to stay in midwest
[14:44] {peterg} beautiful uaua
[14:45] {Threei} that's my consolation line peter
[14:45] {peterg} oops
[14:46] {hawkfan4} dino, what's the 8 ball saying?
[14:47] {Threei} {dino} my 8 ball says you guys should get yours
[14:48] {hawkfan4} lol
[14:48] {dino} .49 out hig,+.49
[14:50] {Threei} very nice pullback UAUA
[14:50] {Threei} moves in perfect unison with NQ now
[14:51] {dino} lol. sorry, distracted. 8 ball, ask again later
[14:52] {Threei} told yas
[14:52] {Threei} it's a polite speak for "get your own"
[14:52] {hawkfan4} all 8 balls are not created equal
[14:53] {dino} pool dawg.com. some neat pool balls
[15:02] {magoo} vad, up or down into bell?
[15:03] {dino} up
[15:03] {Threei} up
[15:05] {Threei} with next spike ADBE is a long candidate on .50 break
[15:07] {dino} qcom does the buck w/o me
[15:07] {Threei} with pullback that deep, aggressive entry's better
[15:09] {Threei} QCOM should be good from here with NQ turn
[15:10] {Threei} QCOM .11 if not losing 38
[15:11] {Threei} ADBE .31 if not losing .20
[15:11] {Threei} come on NQ, time to stun the world
[15:12] {Threei} world is ready to be stunned
[15:14] {dino} zap!
[15:14] {Threei} QCOM doesn't want to participate in stunning
[15:14] {Threei} you ADBE?
[15:16] {Chaeron} need to kick the shyness outta ADBE I think
[15:16] {Geo} kick the shynes lol
[15:17] {Threei} need little NQ help
[15:17] {Threei} not much of that eh
[15:20] {magoo} down we go.sigh
[15:20] {lisa_jay} UAUA just gave back that whole move up from 14.
[15:26] {Threei} going to try QCOM .51
[15:26] {Threei} if holding above .40
[15:26] {Threei} not holding
[15:26] {Chaeron} sigh
[15:27] {dino} sm l qcom .40
[15:33] {Threei} hmm... I guess it's not up so far eh?
[15:37] {dino} guess not
[15:38] {Threei} my 8 ball tries to blame yours
[15:39] {Threei} let' let them duke it out
[15:39] {Geo} flat for the day
[15:40] {Geo} need a spicy panang curry for lunch
[15:41] {Threei} US TREASURY'S PAULSON: SEE DIFFICULT MONTHS AHEAD - INTERVIEW
[15:41] {Threei} wow UAUA
[15:41] {Geo} strong
[15:45] {dino} qcom stopped -.41
[15:49] {dino} lod
[15:49] {cosmo} me too
[15:49] {Threei} UAUA is not dropping with NQ anymore
[15:50] {Threei} first bounce candidate on market bounce
[15:52] {Geo} in from 6
[15:52] {Geo} .76
[15:52] {Threei} beautiful
[15:53] {Geo} all out .94
[15:53] {Geo} .93
[15:53] {Geo} oops
[15:53] {Geo} got scared
[15:53] {Geo} of closing time
[15:53] {Chaeron} nice one geo
[15:53] {Geo} hehehe back at 1x
[15:53] {Geo} no panang curry with soup !
[15:54] {Geo} now
[15:54] {dino} lol
[15:54] {dino} genz
[15:55] {Geo} vad you have a admin message on laser?
[15:55] {Threei} yes
[15:55] {Geo} ok
[15:55] {Threei} just bought tickets to New York
06[15:55] * Geo doing same
[15:56] {Geo} ok glad to be scared and out
[15:56] {Threei} scared or not, that was a bounce dcalp
[15:56] {Threei} good exit
[15:56] {Geo} was watching NQ for exit
[15:59] {Threei} new low
[15:59] {Threei} good
[15:59] {Threei} was afraidf those prices would start get away from us
[15:59] {dino} hbhc
[16:00] {Threei} now, can we get UAUA back under 6 and repeat whole thing?
[16:00] {Geo} wow
[16:00] {Threei} thank you all
[16:00] {peterg} beginning of rebuild confidence
[16:00] {peterg} thank you
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {Geo} thanks vd
Drop by, say hello, join our trades, share your ideas.See you in the room!
Session Time: Tue Oct 21 00:00:00 2008
[08:06] {magoo} jhhdfdhffyjyfv
[08:06] {Threei} lkgoidnht?
[08:06] {Threei} anyway... good morning
[08:07] {lisa_jay} Hi Vad. I am finally here.
[08:07] {Threei} hi lisa, welcome back :)
[08:07] {lisa_jay} Thank you.
[08:07] {lisa_jay} $%^%$# Magoo. Hope you remember me.
[08:08] {magoo} morn lisa...why u swearing at me already? he he
[08:09] {lisa_jay} I:-)
[08:09] {Threei} oh mags, just look in the mirror...
[08:09] {lisa_jay} Vad, is it too early for questions?
[08:09] {Threei} and tell me it didn't made you swear {G}
[08:10] {Threei} shoot lisa
[08:11] {lisa_jay} Should I place hard stops in the system or manually close position if stop price hit?
[08:11] {Threei} it's a matter of 2 things
[08:11] {Threei} 1. personal discipline
[08:11] {Threei} 2. ability ot be at your computer
[08:12] {Threei} if you are good at executing stops without second-guessing them, and can be at your station majority of the time, I would prefer manual stops
[08:12] {Threei} if you have to leave for a few hours, place hard stop
[08:13] {Threei} if you know thyself and suspect you may ignore the stop in hope stock recovers... place hard stop and don't give yourself a chance to ruin your account
[08:14] {lisa_jay} Ok, thank you.
[08:15] {Threei} one more advice about stops
[08:15] {Threei} every time you have to take a stop, slap magoo with trout - it helps cope with loss
[08:15] {lisa_jay} Sounds fishy.
[08:15] {Threei} it is
[08:15] {Threei} but it works
[08:16] {Threei} both emotional relief and satisfaction of delivering joy to thy neighbor
[08:16] {Threei} help immensely
[08:24] {magoo} :)
[08:34] {magoo} AKS vad news?
[08:36] {Threei} 08:31am [AKS] Reports Q3 $1.67 v $1.45e, R $2.16B v $2.16B
[08:36] {magoo} UAUA active
[08:37] {Threei} 08:31am [UAUA] Reports Q3 -$1.99 v -$2.48e (ex items), R $5.57B v $5.54Be
[08:51] {Onix} Good morning all
[08:51] {Threei} onix :)
[08:52] {Threei} if it were tradinhg hours, I'd say short UAUA on .50 breakdown
[08:53] {magoo} huh?trading hours?
[08:54] {cosmo} i count 24
[08:54] {Threei} market isn't open yet mags... noticing such fine nuances?
[08:56] {Threei} hmmm
[08:56] {Threei} how did I get a fill at .55 for 600?
[08:56] {lisa_jay} How to play sound when new message?
[08:56] {Threei} shurg... whatever, stop above .60
[08:57] {Threei} someone recently consulted on that
[08:57] {Threei} was it geo?
[08:57] {lisa_jay} thtt
[09:01] {Threei} FED SETS UP NEW PROGRAM TO BUY MONEY MARKET FUNDS, NOTING THAT MONEY MARKET FUNDS ARE HAVING TROUBLE MEETING REDEMPTIONS
[09:08] {dino} gm all
[09:08] {Threei} dino :)
[09:09] {Geo} gm
[09:09] {Threei} geo :)
[09:10] {dino} hmmmmmm
[09:11] {dino} bank runs, money market $ going under mattresses
[09:12] {ese} god morning.....
[09:12] {Threei} ese :)
[09:12] {ese} hey vad
[09:15] {Threei} covered half .25 and .26
[09:21] {dptl} good morning all
[09:22] {ese} dp.....
[09:22] {ese} it's cold over here....how bout the mainland?
[09:22] {Threei} dp :)
[09:23] {dptl} :)..yeah its cold here too
[09:27] {magoo} calling for light snow here in n.e.pa
[09:27] {Threei} covered in full .20
[09:27] {ese} should be cheaper for you to get over here dp...BC ferries is going to cut the gasoline surtax maybe.....
[09:28] {dptl} oh good..:)
[09:28] {Threei} snow in Ontario
[09:28] {ese} they can have it.....
[09:29] {Threei} aww, too soon on UAUA
[09:31] {Threei} 13 break long half lot if stays above .80
[09:31] {peterg} morning
[09:31] {Threei} peter :)
[09:31] {Threei} aggressive entry .91
[09:32] {Threei} invalidated
[09:34] {dino} itri v sm s .86
[09:34] {Threei} fooled us UAUA
[09:34] {Threei} Long Setup: JNPR .30 if stays above .15
[09:37] {Threei} 1:1, half out
[09:37] {Threei} scalpers know what to do
[09:37] {hawkfan4} SLM 11.01, stop 10.90
[09:38] {magoo} nice uaua vad
[09:38] {Threei} out in full JNPR
[09:38] {Threei} +.30
[09:38] {hawkfan4} nice one thx
[09:38] {Geo} nice vad
[09:39] {hawkfan4} stopped slm -.12
[09:39] {Threei} Long Setup: ADBE 29 break if stays above 28.80
[09:41] {Threei} grrr
[09:41] {Threei} forgot about MPEL
[09:42] {hawkfan4} alth too
[09:44] {dino} sgp sm l .90
[09:44] {Threei} UAUA, I am crying
[09:45] {dino} cof sm l .35
[09:45] {magoo} u are not alone
[09:48] {ese} L line. 28 and it's moving
[09:50] {ese} wanted .20 but it was moving to fast
[09:51] {ese} may have cahsed a litle but I think it will be OK
[09:51] {ese} thats Chased...
[09:52] {Threei} ok market, time for explosion
[09:52] {Threei} just don't get confused which way
[09:53] {Threei} Long Setup: NQ 1330 break
[09:53] {Threei} Short Setup: QID .80
[09:53] {Geo} in
[09:54] {Threei} ugh, late on QID
[09:54] {Threei} don't chasde, let it bounce
[09:54] {Threei} its volatility often allows for wentry on snapback
[09:54] {Threei} half lot btw
[09:54] {Geo} stop 24 vad?
[09:54] {Threei} yes
[09:55] {ese} stop to .14 LINE
[09:55] {Threei} cover half QID
[09:55] {Threei} bounced right into short trigger
[09:56] {Threei} quit fooling sround market, break that 1335 and go
[09:56] {dino} micc blood
[09:56] {dino} itri cov .13 -.27
[09:58] {ese} out line stopped.......
[09:59] {Threei} Long Setup: GERN .75 if stays above .60
[09:59] {ese} my own fault.....should have taken that initial run up......it got away on me
06[09:59] * Threei kicks NASDAQ in the rear
[10:00] {Geo} nq half target 35 vad?
[10:00] {Threei} on a spike above it
[10:00] {dino} micc sm l .98
[10:00] {Geo} drat
[10:00] {Geo} missed gern
[10:00] {Threei} hmmm
[10:00] {Geo} got it
[10:00] {Geo} :)
[10:00] {Threei} there is something Geo doesn't tell us
[10:00] {Threei} GEO
[10:00] {Threei} AWARDED JOINT CONTRACTS FOR THE CONSTRUCTION AND MANAGEMENT OF A NEW 2,000-BED SPECIAL NEEDS PRISON IN FLORIDA
[10:01] {Geo} well i am special
[10:01] {Threei} Attention: ADBE half out at 1:1
[10:01] {Threei} here is your spike Geo
[10:02] {Geo} got it TY
[10:02] {Threei} QID players fell free to cover as you see fit
[10:02] {Threei} nice 60 cents here
06[10:02] * Geo feels selfish for making wvad work harder
[10:02] {Threei} you should
[10:02] {Threei} I mean, nice dollar here
[10:03] {Threei} good boy market
[10:03] {Geo} new stop vad?
[10:03] {Threei} just under b/e
[10:03] {Threei} IMO
[10:03] {Geo} yeah thats where i am
[10:03] {Threei} this is not a scalping market for me
[10:03] {Threei} capable of bigger move
[10:03] {Threei} let it breathe
[10:04] {Threei} Attention: ADBE 1/4 out at 1:2
[10:04] {Geo} gern slow
[10:04] {Threei} you in a hurry?
[10:04] {Geo} ill be here ALL day
[10:04] {Threei} 1:2 hit ADBE
[10:05] {Threei} new stop for the last portion is .15
[10:05] {tomg} ty nq vad
[10:05] {Threei} welcome tom
[10:06] {Geo} still in with one lot in NQ
[10:06] {Threei} hold it
[10:06] {dino} out cof .95, +.60
[10:06] {Geo} stop 1330.5
[10:06] {Threei} offer it for sale at, ummm
[10:06] {Threei} 50 - 55
[10:06] {Geo} 55 hehehehe
[10:07] {Threei} UAUA
06[10:07] * Geo getting spoiled
[10:07] {Threei} 14 break for adventurous
[10:09] {ese} are you thinkin 14.01 uaua vad
[10:09] {dino} pru sm l .25
[10:09] {Threei} yes
[10:09] {Threei} it's likely to be very fast on a break
[10:10] {Threei} let's get bold and offer last portion ADBE at 29.90
[10:10] {Threei} FED TO PROVIDE UP TO $540B IN NEW MONEY MARKET PROGRAM
[10:10] {dino} this market wants to rock, imo
[10:11] {Threei} this is frikin monoply money
[10:11] {Threei} 540B? no problem
[10:11] {Threei} yes dino
[10:11] {Threei} 10:03] {Threei} this is not a scalping market for me
[10:11] {Threei} [10:03] {Threei} capable of bigger move
[10:11] {dino} why don't they just become insurance company and charge premiums
[10:12] {Geo} gap almost filled?
[10:12] {Geo} no prev res
[10:12] {ese} have to pass on uaua......see you all tomorrow....this tue thurs thing is going to drive me nuts
[10:12] {Threei} take care ese...
[10:12] {ese} take care all
[10:12] {Geo} cya ese
[10:13] {magoo} bye es
[10:13] {hawkfan4} ok, gotta run to the bank, so hold on to your hats...
[10:13] {dino} later es
[10:13] {Geo} hahah thanks hawk
[10:13] {magoo} hawker:)
[10:14] {Geo} should the bank just open a counter where he is?
[10:14] {dino} pru stopped -.34
[10:15] {Geo} nq 1350 resistance
[10:15] {Threei} break that 50 NQ
[10:15] {dino} resistance is futile
[10:15] {Threei} totally
[10:16] {Geo} thats what i told my gf before she agreed to marry me
[10:16] {Threei} tale of deep regrets follows?
[10:16] {Geo} for her yes
[10:16] {Geo} i got a good deal
[10:16] {Threei} of course not yours dummy
[10:16] {Geo} lol
[10:16] {Threei} lol
[10:16] {Threei} good boy NQ
[10:17] {Threei} ADBE new high
[10:17] {Geo} sigh GERN
[10:17] {Geo} oh well stop is in place
[10:17] {Threei} what are you sighing about?
[10:17] {Geo} ummm
[10:17] {Geo} nothing
06[10:17] * Geo hides
[10:18] {Threei} some are so demanding...
[10:18] {Geo} i just feel bad for gern
[10:18] {Geo} this must be bad for their self confidence
[10:20] {dino} wmt sm l .00
[10:21] {dino} poor gern.....moving on, lol
[10:22] {Geo} darn
[10:23] {Geo} i think vad should work harder in NQ.... it will keep him sharp
[10:23] {Threei} new high ADBE
[10:23] {Geo} there is nothing in it for me of course
[10:24] {Threei} so... anyone is capable of holding last portion THAT long on ADBE? :)
[10:24] {Threei} or your scalping instincts take over?
[10:25] {Threei} probably market needs some rest
[10:25] {lisa_jay} Scalped for break even on ADBE...could not deal with volatility (initially). As a penance (sp), holding firm on GERN.
[10:26] {Geo} yeah me breakeven on adbe too
[10:26] {Threei} wow
[10:26] {Geo} fatfingered 2 lots by mistake
[10:27] {Geo} didnt help me
[10:27] {Geo} so got out at even
[10:27] {Threei} I don't know how you guys manage to stay breakeven on a stock that moves 60 cents with 20 cents stop... never touching stop level
[10:27] {Threei} come on, a bit of discipline
[10:27] {Threei} let's trail GERN to under .65
[10:27] {lisa_jay} Yes. I will not doubt you again :-)
[10:27] {Geo} welli should have exited one lot at breakeven and traded like nothing happenned
[10:28] {Threei} it's not even me to doubt or not... it's simply rules of trading
[10:28] {Threei} stop is not tagged - stay in
[10:28] {Threei} don't trade on noize
[10:28] {Geo} sniff
[10:29] {lisa_jay} Yes. Learnt the hard way (paid 40c) for it.
[10:29] {Geo} ndaq running
[10:29] {Threei} literally 40c?
[10:30] {Geo} nq stop vad?
[10:30] {Threei} under .35
[10:30] {Threei} but come on
[10:30] {Threei} my target was 50 -55
[10:30] {Threei} it hit 54
[10:31] {Geo} got distracted by gap fill
[10:31] {Geo} no excuse
[10:31] {lisa_jay} Seriosly, this is one aspect of trading that i am trying to master, and avoiding taking profits too soon (before 1:1)
[10:33] {lisa_jay} There goes gern.
[10:33] {dino} micc stopped
[10:34] {Threei} {GERN} well Geo... are you still unhappy with me?
[10:34] {Geo} :)
[10:34] {dino} wmt stopped -.35
[10:34] {dino} stop city
[10:34] {dino} starting over
[10:35] {lisa_jay} Vad 1:1 on Gern is .90 or .85? Thank you.
[10:36] {Threei} formally .90...
[10:36] {Threei} noty sure what the best way to play it would be
[10:36] {Threei} let's re-evaluate as it gets there
[10:37] {Threei} it climbs nicely andf against the market, but overall this stock has a history of disapointing
[10:37] {lisa_jay} ok, thanks
[10:40] {Geo} nflx got beatup up
[10:42] {Geo} powerup?
[10:42] {Threei} let's trail GERN under .70
06[10:43] * Geo promises not to fail on NQ this time
[10:44] {Threei} LOL, YHOO saga will never end:
[10:44] {Threei} HEARING RENEWED TAKEOVER CHATTER CIRCULATING
[10:44] {Threei} {MSFT}
[10:44] {Geo} man yang should have been kicked out long time ago
[10:46] {Threei} I am gettinf feeling that oil is going to get killed after OPEC cut
[10:47] {Geo} stopped NQ
[10:47] {Geo} good lesson
[10:48] {Geo} TY vad
[10:48] {Threei} still stopped on a trail, in plus, right?
[10:48] {Geo} still got 8 points one one and 4 on other
[10:48] {Geo} on one
[10:49] {Geo} so 240 bucks
[10:49] {Geo} not banking second lot on 54 was a big mistake
[10:50] {Threei} maybe not exactly 54, it's hard to nail exact top,
[10:50] {Geo} i had it on 50
[10:50] {Threei} but when it lost 50, .49 should have been taken
[10:50] {Geo} moved to 55 heheh
[10:50] {Geo} thought gap would fill
[10:50] {Geo} good to know
[10:50] {Geo} nice way to exit
[10:50] {Threei} so, 49 - 34 = 15x20 = $300, right?
[10:51] {Geo} yeah :(
[10:51] {Threei} write it down as a price of mistake
[10:51] {Threei} and look at it every time you experience doubt
[10:51] {Geo} thats a great way to exit vad
[10:51] {Geo} loses round nuber
[10:51] {Geo} exit
[10:51] {Geo} never thought of that
[10:53] {dino} sgp stop to flat
[10:54] {dino} stopped sgp 0.0
[10:56] {lisa_jay} GERN stopping out almost.
[10:56] {Threei} Short Setup: UAUA .59 if stays below .70
[10:58] {Threei} invalidated
[10:58] {dino} hig sm l .00
[11:06] {Geo} out gern
[11:15] {Geo} .
[11:17] {dino} last try, v sm, micc l .20 wide
[11:22] {dptl} leaving earlier...have a good day all
[11:22] {hawkfan4} cya dp
[11:23] {Threei} take care dp
[11:25] {dino} cya dp
[11:27] {dino} micc stopped done w/it
[11:31] {lisa_jay} Slow right now. So going to introduce myself.
[11:31] {Chaeron} good morning all... sorry I'm late
[11:32] {lisa_jay} New trader (paper traded for a while), real small position size trading for over 5 months with slow churn and bleeding.
[11:32] {lisa_jay} Seeking help from the Gods...hence joined Vad :-)
[11:32] {Chaeron} welcome LJ
[11:33] {lisa_jay} Thanks Chaeron.
[11:33] {Chaeron} don't mind the lousy typing, spelling or jokes and you'll have a blast
[11:34] {lisa_jay} Actually went through nearly every chat log that is posted on Vad's blog. So used to the jokes...my kind of humor.
[11:34] {Chaeron} ahhh... birds of a feather
[11:34] {Chaeron} (no offense Raven) :)
[11:35] {dino} welcome to the jungle lisa
[11:35] {lisa_jay} Thank Dino.
[11:35] {lisa_jay} Sorry..
[11:35] {lisa_jay} Thanks.
[11:35] {Threei} chaeron :)
[11:36] {Chaeron} morning sir... all quiet now I got here?
[11:36] {Raven} {}
[11:37] {Chaeron} DRYS...
[11:37] {Geo} welcome lisa jay
[11:37] {Threei} yes chaeron
[11:37] {lisa_jay} Thanks Geo.
[11:37] {Threei} we have one more room now
[11:37] {Threei} and as soon as you connect we move calls in there
[11:37] {Chaeron} :P
06[11:38] * Geo is worried now
[11:38] {Chaeron} well, Geo and I know the address of that monastary with all females
[11:38] {Geo} "monastry" eh
[11:39] {dino} rally
[11:39] {Chaeron} monastery... sorry
[11:40] {Threei} OK, feels like we have bottomed
[11:41] {Threei} time to starty trying them again
[11:41] {Threei} Long Setup: ADBE 29.10
[11:41] {Threei} if stays above 29
[11:42] {Threei} Long Setup: JNPR 19.21 if stays above 19.10
[11:43] {Threei} change of plans ADBE - entry if NQ sharply turns upward
[11:43] {Threei} aggressively
[11:45] {dino} hmm no rally
[11:45] {dino} scanner fooled me
[11:46] {Geo} as long as its the scanner
[11:46] {Geo} and not the 8 ball
[11:46] {dino} lol
[11:47] {Threei} it's either failure or last pullback
[11:47] {Threei} JNPR is too weak
[11:47] {Threei} made new low whiole NQ is merely pulled back
[11:47] {magoo} this mkt blows
[11:48] {magoo} today and yesterday
[11:48] {Geo} lol magoo
[11:54] {Threei} no clear trades here
[11:54] {Threei} waiting
[11:55] {dino} sizing and widening, fwiw
[11:56] {dino} clhb, qcom, interesting
[11:56] {dino} so is my chicken salad sandwich
[12:10] {dino} cof sm l .30
[12:16] {Chaeron} Andrew Clark in New York The Guardian, Saturday October 18 2008 - "The boss of a successful US hedge fund has quit the industry with an extraordinary farewell letter dismissing his rivals as over-privileged "idiots" and thanking "stupid" traders for making him rich."
[12:16] {Chaeron} finally... someone thanks me for my trading abilities
[12:17] {lisa_jay} Lol
[12:17] {dino} cof stopped -.33
[12:17] {Geo} andrew lagde
[12:17] {Geo} lahde
[12:17] {Geo} and yeah he also called for legalization of hemp
[12:17] {Geo} and formation of a leadership fpprum by soros
[12:18] {Geo} anderson alumni
[12:21] {Threei} OPEC SEC GENERAL AL-BADRI: SEES GLOBAL OIL SUPPLY RUNNING AT SURPLUSES BY THE END OF 2008 AND FIRST TWO QUARTERS OF 2009
[12:21] {Geo} my pilot gets nearer
[12:24] {Threei} MPEL substantial pullback
[12:24] {dino} clhb sm l .85
[12:24] {dino} .95
[12:27] {Threei} volume p;attern is changing on NQ
[12:27] {Threei} lower on pullbacks, higher on advances
[12:28] {Threei} Long Setup: UAUA .51
[12:28] {Threei} stop under .40
[12:29] {Threei} Long Setup: NQ 1308 if not losing 1304 anymore
[12:30] {dino} brb
[12:31] {Threei} .short qid half lot under 71
[12:31] {Threei} stop above 71.25
[12:33] {Threei} QID 1:1
[12:33] {Geo} nq target vad?
[12:33] {Threei} closer to 1320 for now
[12:33] {Threei} will re-evaluate as it gets there
[12:34] {Geo} QID seems lot faster than NQ
[12:34] {Threei} volatile thing
[12:34] {Geo} yeah
[12:34] {Threei} ultrashort ETF
[12:34] {Geo} ah
[12:34] {Geo} never played
[12:35] {Threei} try with small shares first
[12:35] {Geo} you do full lot?
[12:35] {Geo} exactly
[12:35] {Threei} only when I am very confident
[12:35] {Chaeron} UAUA needs a boot soon...
[12:35] {Geo} looks like a 300 for me
[12:36] {dino} sgp l .50
[12:38] {Threei} QID 1:2
[12:38] {Threei} wow
[12:38] {Threei} out .42
[12:38] {Geo} NQ one lot out
[12:38] {Geo} 1:1
[12:40] {Geo} stop still o4 vad?
[12:41] {Threei} want to tail it and don't want to overtighten...
[12:41] {Threei} how about 06?
[12:41] {Geo} NQ moves diff
[12:41] {Threei} yeah
[12:41] {Geo} back and fills
[12:41] {Threei} that's why I am in doubt
[12:42] {Threei} can't trail NQ like usual stock
[12:42] {Threei} will be shaken out 9 out of 10
[12:42] {Geo} definately tougher
[12:42] {Geo} gys who took QID smirking
[12:43] {Threei} that's what we natural born smirkers do
[12:43] {Geo} :)
[12:44] {Threei} do this Geo
[12:44] {Threei} watch the NQ move,
[12:44] {Threei} wantchg according QID move,
[12:45] {Geo} lol
[12:45] {Threei} compare them to see the correlation,
[12:45] {Geo} just set that up
[12:45] {Threei} then calculate how many shares will match how many contracts
[12:45] {Threei} compare volatility in terms of violating the setup to account for slippage
[12:45] {Threei} and you'll get your way to play QID
[12:47] {Geo} out NQ
[12:47] {Chaeron} finally UAUA
[12:47] {Chaeron} 1:1
[12:48] {Geo} 1000 shares QID apprx 3 contracts of NQ
[12:49] {Geo} so i guess my 300 QID was good as its one NQ
[12:49] {Geo} looking at vol now
[12:50] {Threei} hmm
[12:50] {Threei} doesn't look right to me
[12:50] {Geo} ?
[12:50] {Threei} my feeling is, 1000 shares QID is closer to 5 contracts
[12:53] {Geo} 1k QID = 70k 3 NQ = 78k
[12:53] {Geo} apprx
[12:55] {Threei} ?
[12:55] {Geo} leverage
[12:55] {Threei} this is wrong way to compare
[12:55] {Geo} ok
[12:55] {Threei} weigh the size of the movement against each other,
[12:55] {Geo} ok
[12:55] {Threei} see how much $ you make on 1 contract NQ
[12:56] {Geo} ok
[12:56] {Threei} calculate how many shares you need on QID to make the same amount of money on the move that corresponds with NQ
06[12:56] * Geo back to drawing board
[12:56] {Threei} meaning,
[12:56] {Threei} (just an ewxample)
[12:56] {Threei} 5 points NQ equal 50 cents QID
[12:56] {Geo} sniff
[12:56] {Threei} not saying it is, that's for to observe
[12:57] {Threei} 1 contract on 5 points gives you $100
[12:57] {Threei} then you need 200 shares QID to gain the same on corresponding move
[12:58] {Threei} capishe?
[12:58] {Geo} sigh
[12:58] {Geo} you right vad
[12:58] {lisa_jay} Thank you Vad, got 20c on UAUA.
[12:58] {Threei} good job lisa
[12:58] {Geo} still half in UAUA
[12:58] {Threei} good job sitting tight and letting trade work out
[12:58] {Threei} I know it tempted you to quit zillion times
[12:59] {Geo} man NFLX pounded for outlook
[12:59] {lisa_jay} :-)
[12:59] {lisa_jay} I learnt the hard way that good things come to those who wait.
[12:59] {Geo} you make a good case for trading QID rather than NQ vad lol
[13:00] {Geo} the stops on QID definately easier
[13:01] {Threei} I don't know lisa... I tried that yesterday, sat and stared at the ceiling telling my wife that I was waiting for Angelina Jolie to come... nothing good came out of it
[13:01] {Geo} didnt wait lon enuff
[13:02] {Threei} I want to see how long you can wait under frying pan hitting you on the head
[13:02] {Geo} lol
[13:03] {Geo} at 1X now
[13:03] {Geo} would be 2.5X if i had played NQ better
[13:03] {lisa_jay} Lol.
[13:04] {Geo} sheesh..... entry/stop/target spoonfed
[13:04] {Geo} and still lost that
[13:04] {Geo} delete that from log vad !!!!
[13:05] {Threei} nope
[13:06] {Threei} too much work
[13:06] {Threei} OPEC'S AL BADRI: OPEC HAS NO DEFINED 'PRICE RANGE'
[13:06] {Threei} yeah, it's just the more the merrier
[13:10] {lisa_jay} UAUA hit 1:3
[13:19] {Threei} Long Setup: JNPR 19 break if sstays above 18.90
[13:21] {Threei} 1:1 in a hurry
[13:22] {Chaeron} UAUA in 13.51, out 13.89 +0.38 Thanks Threei... it hit 4:1
[13:22] {Geo} half out
06[13:22] * Threei slaps Chaeron around a bit with a large trout
[13:22] {Geo} nice chaeron
[13:22] {Geo} olympic hold
[13:22] {Threei} LARGE US BANKS' 2008 FINANCIAL RESULTS WILL REPORTEDLY BE SCRUTINIZED ON EXECUTIVE PAY BY THE SEC
[13:22] {Chaeron} thx guys
[13:35] {Threei} yawn
[13:36] {Threei} trades come in bursts... followed by lull period
[13:39] {Threei} as strange as it may seem... but UAUA 14 break is still on the deck
[13:57] {Geo} out UAUA
[13:57] {Geo} oops
[13:57] {Geo} JNPR
[13:59] {Threei} make up your mind will ya
[13:59] {Threei} what is it you are out of
[13:59] {Threei} I am badly confused
[13:59] {Threei} lost
[14:00] {Threei} bedazzled
[14:00] {Threei} in short, I feel like magoo
[14:00] {dino} good movie
[14:00] {Threei} lost is not baad too
[14:01] {Geo} if sstays above 18.90
[14:01] {Geo} so stopped
[14:01] {Threei} yeah, but don't we train after 1:1?
[14:01] {Threei} trail
[14:02] {Geo} hmmm didnt move stop on secod half
[14:02] {Geo} you went to breakeven?
[14:02] {Threei} some don't read courses, books and other nuggets of wisdom I shower them with
06[14:03] * Geo is embarrassed
[14:03] {Threei} it's a routine... scalp - take 1:1, day trade - partiasl and trail
[14:03] {dino} strange day
[14:03] {Geo} where did ya move your stop vaD?
[14:03] {Threei} couple cents under trigger
[14:04] {Geo} ok
[14:04] {Geo} i was out of 700
[14:04] {Geo} but didnt move stop :(
[14:07] {lisa_jay} I got 10c from JNPR, thanks Vad.
06[14:07] * laserdave1 slaps Threei around a bit with a large trout
[14:07] {Threei} welcome lisa
06[14:07] * Geo slaps laserdave1 around a bit with a large trout
06[14:07] * laserdave1 slaps Chaeron around a bit with a large trout
06[14:07] * laserdave1 slaps Geo around a bit with a large trout
[14:07] {Threei} sigh... sneaked in unnoticed eh?
06[14:07] * laserdave1 slaps magoo around a bit with a large trout
[14:07] {Geo} i thought he would get to me later
06[14:07] * laserdave1 slaps magoo around a bit with a large trout
06[14:07] * laserdave1 slaps magoo around a bit with a large trout
[14:07] {laserdave1} ya witha few bonus ones for magoooooooo
[14:08] {dino} magoo's out.
[14:09] {Threei} cold?
[14:09] {laserdave1} hes out?
[14:09] {laserdave1} really
[14:09] {laserdave1} hmmm ok
[14:09] {laserdave1} thanks for the tip
06[14:09] * laserdave1 slaps magoo around a bit with a large trout
06[14:09] * laserdave1 slaps magoo around a bit with a large trout
06[14:09] * laserdave1 slaps magoo around a bit with a large trout
[14:09] {laserdave1} appreciate teh heads up :)
[14:09] {dino} lol
[14:09] {dino} out of office
[14:09] {Geo} trouting in absentia
[14:09] {laserdave1} gotcha
[14:14] {dino} oiut sgp .62, +.12
[14:15] {Threei} careful dino...
[14:16] {Threei} OPEC SEC GENERAL AL-BADRI: OPEC WILL NOT ASK RUSSIA TO CUT PRODUCTION
[14:16] {Threei} lol
[14:16] {dino} ??
[14:17] {Threei} you think they should?? :)
[14:17] {dino} cetv sm l .00
[14:18] {Threei} oh, you wondered about "careful"?
[14:18] {Threei} that's 'cause taking 12 cents profits you again intervene into my territory :)
[14:19] {dino} ahhh, ok, went size
[14:19] {dino} had pretty good floor
[14:19] {Threei} yeah, thick one
[14:19] {Threei} not exactly the kind you usually play
[14:19] {dino} i wanted cme at 320, never got there
[14:19] {dino} mkl nice
[14:20] {dino} cedc off of .00 may be worth try
[14:20] {dino} still think qcom comes back a buck too
[14:20] {dino} so, basically watching alot of sh#t
[14:22] {Threei} still interested in UAUA 14 break
[14:22] {Threei} too strong to ignore
[14:23] {dino} oih heading up fwiw vs uaua
[14:24] {Chaeron} .90 stop UAUA?
[14:25] {Threei} if it stays above it before triggering, yes
[14:29] {Geo} wow
[14:29] {Threei} that was frikishly fast
[14:29] {Geo} i used OMS stop not stop liomit
[14:29] {Geo} got 14.09
[14:29] {Geo} sheesh never doing that again
[14:29] {Threei} why would you do that
[14:29] {Geo} i guess thats market
[14:30] {Threei} half out
[14:30] {Threei} .11
[14:30] {peterg} nickel
[14:30] {Threei} stop to .95
[14:31] {Threei} took scalp in full peter?
[14:31] {peterg} yes
[14:31] {Threei} OK... I just waited for this break for too long :)
[14:32] {peterg} what did you get in at?
[14:32] {Threei} 14.03
[14:32] {lisa_jay} Took 9c, buy on pullback after break. Thanks Vad.
[14:32] {Threei} lisa :)
[14:33] {peterg} good0
[14:33] {Geo} half out .19
06[14:33] * Geo trying to redeem himslef
[14:34] {Threei} now I know for sure magoo is not in the office
[14:34] {Threei} since no one says "redeem this" swinging the trout
[14:34] {Geo} 100 left
[14:34] {Geo} 200
[14:34] {Geo} lol
[14:34] {Threei} 1:2, 1/2 more out
[14:34] {Threei} 1/4, sorry
[14:34] {lisa_jay} Just wanted to add that if i played today with a decent size, would have paid for course on first day.
[14:34] {Chaeron} guys need to review fraction math.........
[14:35] {Threei} there you go lisa... when doing things right it pays for itself
[14:35] {Geo} course or month?
[14:35] {Threei} beautiful UAUA
[14:35] {Geo} all out
[14:35] {Threei} me too
[14:35] {lisa_jay} Course...and months too. Sigh..UAUA too eager to get out!!!
[14:35] {Threei} .28
[14:35] {Geo} .26 darn
[14:35] {Geo} 17 cents after boo boo entry
[14:36] {Chaeron} UAUA in 14.02 out 14.27... took $0.25... thanks Vad
[14:36] {Geo} now that luck dino :)
[14:36] {Geo} wow UAUA
[14:36] {Chaeron} now it goes to 16...:)
[14:37] {Threei} hehe
[14:37] {Chaeron} that nice vol spike at 13.97+ area really tip it off
[14:38] {Threei} [13:39] {Threei} as strange as it may seem... but UAUA 14 break is still on the deck
[14:38] {Threei} one hour ago, lo0l
[14:38] {Geo} I am amazed after so many mistakes i have paid for one month room
[14:38] {Threei} lol
[14:39] {Threei} you mean today
[14:39] {Geo} yup
[14:39] {magoo} back
[14:39] {Geo} dave was looking for you
06[14:39] * Chaeron slaps magoo around a bit with a large trout
[14:39] {Threei} [14:33] * Geo trying to redeem himslef
[14:39] {Threei} [14:34] {Threei} now I know for sure magoo is not in the office
[14:39] {Threei} [14:34] {Threei} since no one says "redeem this" swinging the trout
[14:39] {Chaeron} man... you missed a lot
06[14:40] * Geo slaps Chaeron around a bit with a large trout
[14:40] {Geo} thtas our line for you
[14:40] {Chaeron} lol
[14:40] {Geo} lol
[14:40] {Chaeron} 15 coming on UAUA
[14:40] {Chaeron} sheesh
[14:40] {Geo} dont tell me you still in
[14:40] {Chaeron} saw I was out and said " See ya!"
[14:41] {Chaeron} out at .27
[14:41] {Geo} vad?
[14:41] {Geo} your 1/4 left?
[14:41] {lisa_jay} Are you still in UAUA Vad?
[14:41] {Threei} no
[14:41] {Threei} 14:35] {Geo} all out
[14:41] {Threei} [14:35] {Threei} me too
[14:41] {Threei} [14:35] {Threei} .28
[14:41] {Geo} for the amount of time you waited for this
[14:41] {Geo} you should have held overnigth !
[14:42] {Threei} well, it's not like I sat not breathing or doing aything else, staring at UAUA
[14:42] {Geo} hhehehe
[14:42] {lisa_jay} He was waiting for A. Jolie.
[14:43] {peterg} shes here with me
[14:43] {peterg} brad and the kids too
[14:43] {Threei} and what do you know... UAUA dropped by first
[14:43] {Geo} evening tea peterg?
[14:43] {peterg} yes & reading religious literature
[14:43] {Chaeron} hey peter... do drinking and trading allowed :)
[14:44] {Threei} peter... send her over but please, keep brad and kids
[14:44] {lisa_jay} We are happy it was UAUA first.
[14:44] {Chaeron} that's NO drinking
[14:44] {Geo} of course peterg
[14:44] {peterg} she want to stay in midwest
[14:44] {peterg} beautiful uaua
[14:45] {Threei} that's my consolation line peter
[14:45] {peterg} oops
[14:46] {hawkfan4} dino, what's the 8 ball saying?
[14:47] {Threei} {dino} my 8 ball says you guys should get yours
[14:48] {hawkfan4} lol
[14:48] {dino} .49 out hig,+.49
[14:50] {Threei} very nice pullback UAUA
[14:50] {Threei} moves in perfect unison with NQ now
[14:51] {dino} lol. sorry, distracted. 8 ball, ask again later
[14:52] {Threei} told yas
[14:52] {Threei} it's a polite speak for "get your own"
[14:52] {hawkfan4} all 8 balls are not created equal
[14:53] {dino} pool dawg.com. some neat pool balls
[15:02] {magoo} vad, up or down into bell?
[15:03] {dino} up
[15:03] {Threei} up
[15:05] {Threei} with next spike ADBE is a long candidate on .50 break
[15:07] {dino} qcom does the buck w/o me
[15:07] {Threei} with pullback that deep, aggressive entry's better
[15:09] {Threei} QCOM should be good from here with NQ turn
[15:10] {Threei} QCOM .11 if not losing 38
[15:11] {Threei} ADBE .31 if not losing .20
[15:11] {Threei} come on NQ, time to stun the world
[15:12] {Threei} world is ready to be stunned
[15:14] {dino} zap!
[15:14] {Threei} QCOM doesn't want to participate in stunning
[15:14] {Threei} you ADBE?
[15:16] {Chaeron} need to kick the shyness outta ADBE I think
[15:16] {Geo} kick the shynes lol
[15:17] {Threei} need little NQ help
[15:17] {Threei} not much of that eh
[15:20] {magoo} down we go.sigh
[15:20] {lisa_jay} UAUA just gave back that whole move up from 14.
[15:26] {Threei} going to try QCOM .51
[15:26] {Threei} if holding above .40
[15:26] {Threei} not holding
[15:26] {Chaeron} sigh
[15:27] {dino} sm l qcom .40
[15:33] {Threei} hmm... I guess it's not up so far eh?
[15:37] {dino} guess not
[15:38] {Threei} my 8 ball tries to blame yours
[15:39] {Threei} let' let them duke it out
[15:39] {Geo} flat for the day
[15:40] {Geo} need a spicy panang curry for lunch
[15:41] {Threei} US TREASURY'S PAULSON: SEE DIFFICULT MONTHS AHEAD - INTERVIEW
[15:41] {Threei} wow UAUA
[15:41] {Geo} strong
[15:45] {dino} qcom stopped -.41
[15:49] {dino} lod
[15:49] {cosmo} me too
[15:49] {Threei} UAUA is not dropping with NQ anymore
[15:50] {Threei} first bounce candidate on market bounce
[15:52] {Geo} in from 6
[15:52] {Geo} .76
[15:52] {Threei} beautiful
[15:53] {Geo} all out .94
[15:53] {Geo} .93
[15:53] {Geo} oops
[15:53] {Geo} got scared
[15:53] {Geo} of closing time
[15:53] {Chaeron} nice one geo
[15:53] {Geo} hehehe back at 1x
[15:53] {Geo} no panang curry with soup !
[15:54] {Geo} now
[15:54] {dino} lol
[15:54] {dino} genz
[15:55] {Geo} vad you have a admin message on laser?
[15:55] {Threei} yes
[15:55] {Geo} ok
[15:55] {Threei} just bought tickets to New York
06[15:55] * Geo doing same
[15:56] {Geo} ok glad to be scared and out
[15:56] {Threei} scared or not, that was a bounce dcalp
[15:56] {Threei} good exit
[15:56] {Geo} was watching NQ for exit
[15:59] {Threei} new low
[15:59] {Threei} good
[15:59] {Threei} was afraidf those prices would start get away from us
[15:59] {dino} hbhc
[16:00] {Threei} now, can we get UAUA back under 6 and repeat whole thing?
[16:00] {Geo} wow
[16:00] {Threei} thank you all
[16:00] {peterg} beginning of rebuild confidence
[16:00] {peterg} thank you
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {Geo} thanks vd
