Dec 03 2008

Not hugely active but very nice day. Mostly scalps, just couple stops, and quite a few easy profitable ones. Kind of routine day - take them, keep your stops, sell them when they spike and stall

Session Time: Wed Dec 03 00:00:00 2008

[07:49] {patience} Happy Birthday Vad   :)))))

[08:08] {Threei}  Good morning, and thank you :)

[08:09] {patience} cake this afternoon?

[08:09] {Threei}  do they make protein cakes yet?

[08:10] {patience} yes, entirely made out of chocolate

[08:10] {patience} that's protein isn't it

[08:10] {Threei}  hmmm

[08:38] {hawkfan4} good morning, n Happy B-day Vad :)

[08:39] {Threei}  thank you hawk :)

[08:52] {lisa_jay} Happy Birthday Vad.

[08:53] {Threei}  thank you lisa

[08:58] {ese} good morning....back after 2 early morning school christmas concerts   ....hows life on the board

[08:58] {ese} vad is it your birthday?

[08:59] {Threei}  hi ese

[08:59] {Threei}  yeah

[09:00] {Threei}  yesterday was great

[09:00] {ese} well well.....happy birthday.......shiskabob party????

[09:00] {Threei}  thank you

[09:00] {Threei}  nah

[09:00] {Threei}  need more solid reason

[09:01] {ese} ahhhh

[09:02] {Threei}  btw guys,

[09:02] {Threei}  if you miss a day and want a brief summary of what happened,

[09:02] {Threei}  trading logs start with little blurb

[09:03] {Threei}  http://www.realitytrader.com/tradinglog/

[09:03] {ese} is that on the web site vad?

[09:04] {Threei}  address above :)

[09:05] {dino} gm all, missed a wild monday i see

[09:05] {Threei}  dino :)

[09:06] {ese} you and me both dino

[09:06] {Threei}  makes three of us

[09:06] {dino} yeah, and i was looking for it, remember my mark up call last week

[09:07] {dino} happy b-day vad

[09:08] {Threei}  thank you

[09:08] {dino} hmm did we fill the 8046 gap monday?

[09:10] {Onix} Good morning all

[09:11] {Threei}  onix :)

[09:12] {Geo} gm

[09:12] {Threei}  geo :)

[09:12] {Onix} hi geo

[09:13] {wishbone} gm all

[09:14] {Threei}  wishbone :)

[09:16] {dptl} Happy B-day Vad :)....and good morning all

[09:16] {Threei}  ty dp :)

[09:16] {Geo} hey happy bdday 

[09:16] {wishbone} dito

[09:16] {Geo} how young?

[09:17] {Threei}  94

[09:17] {Threei}  oops, 47

[09:17] {Threei}  forgetting one year for two rule

[09:17] {Onix} hi wishbone

[09:17] {Geo} 47 sheesh

[09:17] {Geo} so i guess this chatroom is arounf for another 50

[09:18] {wishbone} hey onix

[09:18] {lisa_jay} You look younger in your photots...thought you were around 42- 43.  

[09:19] {Threei}  and I feel 34

[09:19] {lisa_jay} :-)

[09:21] {KSystems} Good morning!

[09:21] {Onix} hi ks

[09:21] {KSystems} And happy b-day Vad :)

[09:21] {Threei}  ty KS

[09:29] {Threei}  just as yesterday, let's skip first minutes

[09:34] {Threei}  OK, shapes up as buy pullbacks so far

[09:35] {Threei}  QQQQ if pulls back closer to .15

[09:35] {Threei}  UAUA closer to .10

[09:38] {Threei}  not much of pullbacks

[09:39] {Threei}  UAUA worth a try

[09:39] {Threei}  any sttrrength from here

[09:39] {Threei}  stop under .10

[09:40] {Threei}  in .223

[09:41] {Threei}  half out .34

[09:43] {Threei} Long Setup:  QQQQ  .43 if stays above .35

[09:44] {ese} I get this feeling that there will be a consistent rally one of these days.....even with Bernake's inate ability to not calm the markets....the markets seem to be shrugging off his comments....am I on the right track with those thoughts Vad??

[09:44] {dino} wmt sm l .99

[09:44] {Threei}  pretty much ese

[09:45] {ese} tks.....

[09:47] {peterg} morfning & happy b=day

[09:47] {Threei}  ty peter

[09:47] {ese} Anybody got any hedge fund stats....have they unloaded pretty much all that they can unload.....

[09:47] {peterg} q still a buy?

[09:47] {dino} fdo sm l .50

[09:47] {Geo} i read an article that only 50% unloaded

[09:47] {Geo} lemme search it

[09:48] {ese} tks geo.......

[09:48] {Threei}  hate to chase thing peter

[09:48] {peterg} k

[09:48] {Geo} http://investmentcapitalist.com/2008/11/hedge-funds-markets-trading/

[09:49] {Threei}  stopped

[09:49] {wishbone} stopped uaua qqq

[09:49] {Onix} stopped

[09:50] {ese} tks geo......just clicked on it and got the article

[09:52] {dino} fdo to b/e, mrk drop, keep tight

[09:53] {dino} stopped fdo flat

[09:55] {dino} wmt stopped .69 -.30

[09:56] {Threei}  not much rythm to the action so far

[09:57] {dino} then put some tunes on

[09:57] {peterg} Listen to the Rythm of the Falling Rain.....

[09:58] {dino} lincoln park

[09:58] {dino} linkin' i think

[09:58] {dino} real or fake bounce

[10:00] {lisa_jay} fake?

[10:00] {dino} fake

[10:00] {Threei}  NOV ISM NON-MANUFACTURING COMPOSITE: 37.3 V 42.0E

[10:00] {Threei}  - Non-Mfg Prices Paid Index: 36.6 v 53.4 in Oct

[10:00] {Threei}  - Employment: 31.3 v 41.5 in Oct

[10:00] {Threei}  - New Orders Index: 35.4 v 44.0 in Oct

[10:03] {lisa_jay} What was that ramp?

[10:03] {Threei}  no idea

[10:03] {Geo} amzn 

[10:03] {Threei}  watching it too

[10:04] {Threei}  oddly strong

[10:04] {Threei}  worth a try but entry point is tough to find

[10:07] {Threei}  anyone took it?

[10:07] {lisa_jay} No I.

[10:08] {lisa_jay} Sorry Not I.

[10:08] {peterg} for 5cents

[10:08] {wishbone} -

[10:08] {peterg} chickened out fast

[10:09] {Threei}  RIMM

[10:09] {ese} anyone on the board have positions in DRYS...dryships bulk containers......just looking at that stock and it has a huge cash position.....can take of debts until 2010 at least

[10:09] {Threei}  nice pullback into support

[10:10] {dino} nope, but baltic index drops again

[10:10] {Threei}  .60 long with stop; under .40

[10:10] {ese} tks dino

[10:11] {dino} st.com has info on it, something like current levels drys losing money, they don't have 50% of rates lockied in on 2009, so looks glum, also secondary coming i think

[10:11] {wishbone} dino what is ticker fot baltic index?

[10:12] {Threei}  over 1:1 RIMM

[10:13] {dino} www,bloomberg.com/apps/quote?ticker=bdiy:ind

[10:13] {Geo} stop vad?

[10:13] {Threei}  ?

[10:13] {wishbone} ty

[10:13] {Geo} modified stop

[10:13] {Threei}  under b/e as usual

[10:13] {Geo} i am now just under sntry

[10:13] {Geo} ty

[10:15] {Threei}  over 1:2

[10:16] {Onix} ty Vad i got .38 in RIMM

[10:16] {KSystems} Vad, do you usually move your stop for the remaining portion to b/e on 1:1?

[10:16] {Geo} all out 92   30 cents TY vad

06[10:16] * magoo slaps Threei around a bit with a large trout

[10:17] {Threei}  good morning to you too magoo

[10:17] {Threei}  welcome geo

[10:17] {dino} gj guys

[10:17] {Threei}  ks, that's the routine... half out, stop to b/e

[10:17] {KSystems} allright...i dont trade, just trying to get the feeling

[10:18] {KSystems} thanks

[10:18] {Geo} market tight range

[10:22] {magoo} happy birthday vad!

[10:22] {Threei}  ty mags

06[10:22] * Geo slaps Threei around a bit with a large protein cake

[10:22] {Threei}  yum

[10:23] {Chaeron} Happy Birthday Vad... many many more...

[10:23] {Chaeron} good morning all

[10:24] {Threei}  ty chaeron

[10:26] {Threei} Long Setup:  AMZN  .25 if stays above 44

[10:27] {magoo} in vad

[10:27] {wishbone} in .23

[10:28] {Threei}  half out .55

[10:28] {Threei}  scalpers know what to do

[10:29] {magoo} C big climb

[10:29] {Threei}  yeah

[10:29] {magoo} waiting .68

[10:30] {Threei}  I kind of forgot about it, lol

[10:30] {ese} most solars turning positive......had the you know what kicked out of them enough i quess

[10:30] {KSystems} look at rimm :=

[10:30] {wishbone} +.13, .27 ty vad

[10:30] {KSystems} :)

[10:30] {magoo} out AMZN here .61 TY vad

[10:30] {Threei}  welcome guys

[10:32] {Geo} all out .60

[10:32] {Geo} TY vad

[10:32] {Threei}  :)

[10:33] {ese} long GENZ. 01

[10:33] {ese} 1/2

[10:35] {Threei}  DOE CRUDE: -456K V +1.2ME; GASOLINE:

[10:35] {ese} stop .75

[10:35] {Threei}  GASOLINE: -1.5M V +1ME; DISTILLATES: -1.7M V +500KE;

[10:37] {ese} stopped.....rats....

[10:37] {ese} -.26 on 1/2 lots

[10:38] {ese} 1 1/2 lots that is

[10:38] {ese} what is with this computor...puts letters in when you don't type them....

[10:39] {Threei}  ghost?

[10:39] {Threei}  GM formed C&H on 1 min with .86 long trigger

[10:40] {magoo} in GM

[10:40] {ese} look at this move by GENZ.......this is the thing that causes you to drink......

[10:40] {magoo} AMZN pulled back vad

[10:40] {Threei}  with weird array of possible stops: under .80, .75 and .70, all valid

[10:41] {dino} wmt l .94

[10:41] {Threei}  not sure about AMZN here mags

[10:41] {ese} vodka not less

[10:42] {ese} thats "no less"

[10:42] {magoo} ok

[10:42] {Threei}  GM 1:1 for the tightest stop

[10:46] {magoo} waiting .99

[10:46] {magoo} screw  it OUT .96

[10:46] {magoo} TY vad

[10:46] {Threei}  lol

[10:46] {Threei}  welcome

[10:47] {Chaeron} pru

[10:47] {ese} ok ok ok....GENZ is now starting to look like one of the patterns in Vads book........in too soon....iknow i know!!!!

[10:47] {magoo} i did not kill a deer..but i just killed 3 trades  lol

[10:47] {Threei}  so now you can buy a deer someone else has killed

[10:47] {Threei}  that's what they call labor separation

[10:47] {Geo} lol@vD

[10:48] {Geo} vad

[10:48] {magoo} yeah..and prop it up in woods and shoot it again

[10:48] {Geo} ok magoo has it

[10:48] {Threei}  lol

[10:48] {ese} long GENZ .95

[10:51] {Geo} dino..... I wanted to thank you for you input on the stops

[10:51] {Geo} i realized i am also not wired for mental/manual stops

[10:51] {Threei}  I don't even understand what it means :)

[10:52] {Geo} i have been using a diff platform which automaticall throws out stops at 20 cents and i can adjust it with one click

[10:52] {Threei}  your stop is hit, you click sell

[10:52] {Threei}  what to be wired or not for

[10:52] {Geo} funnily enuff i am consistent last 2 weeks hitting my 1x almost every day

[10:52] {Chaeron} he means that his wires aren't connected

[10:52] {Geo} unlike machines like you vad i hope and pray in manual

[10:53] {Geo} in automatic i just curse and move on

[10:53] {Threei}  the way I see it Geo:

[10:53] {lisa_jay} Vad the trading robot...can I buy one for $100K?

[10:53] {Geo} i am in line too

[10:53] {Threei}  it;s better to use automatic than to blow stops,

[10:53] {Geo} yup

[10:53] {Threei}  but

[10:53] {Threei}  your goal as you evolve is to become a trader

[10:54] {Geo} gimme time vad 

[10:54] {Threei}  in a sense of working out right mindset

[10:54] {Threei}  which manifests itself in a lot of things, not stops only

[10:54] {Geo} right now..... i just want to earn while learn lol

[10:54] {Threei}  so you are running into question:

[10:55] {Threei}  will you form that mindset if you took this part of learning curve out of equation in full?

[10:55] {Threei}  won't it work like antibiotics

[10:55] {Threei}  that cure today's problem

[10:55] {ese} Grrrrrrrr....revenge trade......out GENZ .28

[10:55] {Geo} nice eze....

[10:55] {Threei}  while killing your body's ability to resist on it's own?

[10:55] {Threei}  or, better way to put it would be

[10:55] {ese} +.33 on 3/4 lot........grrrrrrrrrrrrrrr

[10:55] {lisa_jay} Wow...never thought about it that way.

[10:55] {Threei}  not letting your body to learn to resist on its own

[10:56] {Geo} the way i look at it..... vad.... i cant resist cheesecake

[10:56] {Geo} so i dont buy it

[10:56] {Threei}  okay :)

[10:56] {Geo} rather than buy and not eat

[10:56] {lisa_jay} I know myself...and i do not have strong self-control.

[10:56] {wishbone} hmmmmmm....cheesecake!

[10:56] {Geo} easier level of resistence control

[10:56] {lisa_jay} Can't say NO! :-)

[10:56] {ese} discllaimer........THIS METHOD IS NOT TAUGHT IN VADS' REALITY TRADER BOOK"

[10:57] {Geo} the cheesecake antibiotic method?

[10:57] {ese} don't try this at home......

[10:57] {lisa_jay} So it is mechanical stops for me.

[10:57] {Geo} but beware... platforms which use mechanical stops... in my opinion have more entry exit slippage

[10:58] {Geo} i justified that by thinking its still wayyyy less than my mind not holding stops slippage

[10:58] {Geo} lol

[10:58] {dino} out wmt .46, +.52

[10:58] {Threei}  to me, this comes to a matter of using crutches

[10:58] {Geo} vad youre right

[10:58] {Geo} we all do

[10:58] {Geo} we drive rather than run to work

[10:58] {Threei}  necessary while legs are recovering from trauma

[10:58] {wishbone} nice dino

[10:59] {Geo} running might make us healthy

[10:59] {Threei}  but you don't intend to use crutches your entire life, right?

[10:59] {Geo} nope

[10:59] {dino} ty wish

[10:59] {Geo} i intend to get out of the car and run a little till i feel confident

[10:59] {Threei}  gotta start walking on your own

[11:00] {Geo} but right now vad..... just want to say my fisrt consistent 2 weeks touching 1x average weekly basis

[11:00] {Geo} thanks guys 

[11:00] {Geo} learnt a lot in this room

[11:00] {Geo} and no am not leaving :)

[11:00] {magoo} did u learn this?

06[11:01] * magoo slaps Geo around a bit with a large trout

[11:01] {Threei}  what do you mean you are not leaving?

06[11:01] * Geo slaps magoo around a bit with a large deaD DEER

[11:01] {Geo} I USED "LEARNT"

[11:01] {Geo} oops

[11:01] {magoo} club shot 2 coyotes and a bear

[11:01] {magoo} and we killed 3 kegs lol

[11:01] {Threei}  opld russian joke about your governor in a public bus

[11:01] {Geo} your wooden club shoots dino?

[11:02] {Threei}  someone behind him asks him if he gets out on the next stop

[11:02] {Threei}  he says yes

[11:02] {Threei}  guy asks What about those in front of you?

[11:02] {Threei}  he says Yas, they do too, they just don't know it yet

[11:02] {Geo} lol

[11:03] {magoo} vad, great movie about russian - german conflict ww2...enemy at the gates 

[11:03] {dino} lol

[11:04] {magoo} u ever see it?

[11:04] {Threei}  trying to remember

[11:04] {Threei}  I remember I was going to

[11:04] {Threei}  wow GM

[11:04] {magoo} aesome...russian sniper against a german one

[11:04] {Threei}  no news that I see

[11:05] {Threei}  ahha

[11:05] {Threei}  yes, saw it

[11:05] {dino} cvx sm l .50

[11:07] {wishbone} What did one snowman say to the other?

[11:07] {ese} ?????

[11:07] {wishbone} smells like carrots

[11:08] {ese} hmmmmmm

[11:11] {dino} bj l .77

[11:13] {Threei}  Canadian prime minister to address the nation today on TV

[11:13] {ese} haven't heard of that one before dino......wholesale club....

[11:13] {ese} nice trade though

[11:14] {ese} what type of chart do you follow dino..... 1min 5 min 3min?

[11:14] {dino} bj stop to .00

[11:14] {ese} thing of beauty dino

[11:15] {dino} \out bj .,00, +.23

[11:15] {wishbone} nw dino

[11:16] {dino} ty

[11:23] {dino} out cvx .60, +.10, oils are tough lately, imo

[11:26] {Geo} mbi has a nice entry

[11:37] {dino} bj l .60

[11:41] {dino} going for hod

[11:41] {dino} markets

[11:45] {Threei}  BRCM

[11:45] {Threei}  watching for pullback entry

[11:46] {Threei}  15 nearest support

[11:47] {Threei}  missed .08

[11:47] {Threei}  don't want to chase

[11:47] {Threei}  first market strength from here

[11:48] {Threei}  BRCM needs market support

[11:49] {Threei}  in

[11:49] {magoo} in

[11:49] {wishbone} in

[11:51] {Threei}  come on NASDAQ, you know you want to retest the high

[11:51] {Chaeron} in

06[11:52] * Threei kicks NQ in the rear

[11:52] {magoo} weheres your exit?

[11:52] {Threei}  want to partial near .20

[11:58] {Threei}  WSJ: UAW LEADERS ARE NEAR TO REVISING TERMS OF 2007 CONTRACT, CHANGING TERMS ON JOBS BANK

[11:58] {Threei}  {GM F}

[11:59] {Threei}  half out BRCM .19

[12:00] {magoo} how many  take?

[12:00] {Threei}  2

[12:00] {magoo} me too

[12:00] {dino} out bj .72 +.12 lousy entry

06[12:01] * Threei reiterates kick to the NASDAQ rear - get up and go, you lazy bum

[12:03] {dino} dino keeps hearing a "thud" at his door, thinks 3i missing his mark w/boot

[12:03] {Threei}  rofl

[12:03] {Threei}  it can happen, I am known to be somewhat indiscretionary with my kicks

[12:04] {Threei}  liking the bvery process of kicking too much to care about the precise subject of kicking

[12:05] {Threei}  "with good kicking techniques, bum will present itself"

[12:05] {Threei}  stop for BRCM balance is under .05

[12:06] {dino} not, calling me a bum, :)

[12:06] {Threei}  lol

[12:09] {Threei}  GE

[12:09] {Threei}  bounce scalp candidate

[12:10] {magoo} mkts falling here a little bit vad

[12:10] {Threei}  yup

[12:10] {Threei}  BRCM holding rather well

[12:11] {magoo} im out..but may reentter

[12:15] {Threei}  GE

[12:15] {Threei}  in .53

[12:15] {Threei}  stop under .40

[12:15] {Threei}  half lot

[12:16] {Threei}  1:1

[12:17] {Threei}  out .67

[12:17] {Threei}  anyone?

[12:17] {peterg} yep, ty

[12:17] {peterg}  made my few cents.

[12:17] {magoo} missed

[12:18] {magoo} sorry

[12:18] {magoo} was rreading real money

06[12:18] * Threei slaps whole room except peter around a bit with large cap of strong coffee

[12:18] {magoo} and failed to make "real money"

[12:18] {dino} how ironic

[12:19] {Threei}  out BRCM balance

[12:19] {wishbone} stopped brcm

[12:22] {dino} bj l .20

[12:24] {dino} out .32, +.12

[12:25] {peterg} nice

[12:25] {dino} ty

[12:31] {magoo} BRCM looks good here vad?

[12:32] {Threei}  hard to tell... pretty much depends on what market does from here

[12:32] {Threei}  and that's not very clear

[12:32] {dino}  layn l .50

[12:55] {dino} fdo l .49

[13:00] {Threei}  toal stall

[13:00] {Threei}  total

[13:02] {dino} out layn .705, +.205

[13:03] {magoo} waiting on beige book i guess

[13:03] {magoo} gonna be real bad

[13:03] {magoo} but mkt expects it to be real bad

[13:03] {Threei}  hard to imagine it being any other

[13:03] {dino} what time?

[13:04] {magoo} 2

[13:04] {Threei}  let me rephrase

[13:05] {Threei}  hard to imagine beige book being any other color than pitch black

[13:05] {magoo} if IF mkt shakes it off...we be in end of year rally mode 

[13:06] {Threei}  that's what I hope for

[13:06] {Threei}  not because rally is the only hing we can trade,

[13:06] {Threei}  rather because that's the turn of event that will be the easiest to read

[13:09] {Chaeron} I like easy

[13:09] {Threei}  who doesn't

06[13:18] * magoo slaps Chaeron around a bit with a large trout

06[13:20] * Chaeron slaps magoo around a bit with a large trout

[13:24] {dino} fdo stopped -.19

[13:24] {dino} bj s .75

[13:28] {magoo} vad, whats lasers symbol for the spx please?

[13:29] {Threei}  "/sp8z"

[13:31] {magoo} no worky

[13:31] {Chaeron} gotta sign up for futs

[13:32] {Chaeron} smack LaserDave for that

[13:32] {magoo} ah

[13:32] {Threei}  you may not have CME feed then

[13:32] {magoo} ah ah

[13:32] {Chaeron} yeah... that

[13:36] {dino} cov bj .64., +.11

[13:41] {dino} bj s break of .50

[13:59] {magoo} seconds away

[14:00] {magoo} i can't take  it

[14:00] {magoo} DISMAL

[14:00] {dino} fdo l .11

[14:01] {Threei}  FED'S BEIGE BOOK: ECONOMY WEAKENED ACROSS ALL DISTRICTS IN OCT

[14:01] {Threei}  no really?

[14:03] {dino} shocking

[14:03] {magoo} stunning

[14:04] {Threei}  MANUFACTURING DECLINED IN MOST DISTRICTS,LENDING CONTRACTED, LOANS TERMS TIGHTER DURING PERIOD

[14:04] {Threei}  - Tougher conditions existed for car buyers in 5 regions

[14:04] {Threei}  - Mining and energy production declining, sees weakness in comercial real estate markets

[14:04] {Threei}  - Most districts had weak housing markets, with low but stable activity

[14:04] {Threei}  - Notes that labor markets are becoming weaker, with price pressures coming down

[14:04] {Threei}  - Retail sales down, vehicle sales down more so

[14:04] {Geo} gs

[14:04] {Threei}  I am both, shocked and stunned

[14:07] {Threei}  trying to gauge market's reaction

[14:07] {Threei}  although it feels like it's non-event at all

[14:08] {Chaeron} so we're going to list aimlessly til year end?

[14:11] {Threei}  why?

[14:12] {Threei}  there are a lot of things to happen yet, to kill or prop the markets

[14:12] {Threei}  GM develoments for instance

[14:15] {Threei}  OPEC PRESIDENT KHELIL: THERE IS NO FLOOR TO CRUDE PRICES, PRICE PRESSURES ARE EASING

[14:15] {Threei}  no floor?

[14:16] {dino} all l .55

[14:21] {dino} out fdo .33, +.22

[14:21] {wishbone} nice dino

[14:22] {Threei}  FED'S LACKER: DOES NOT OPPOSE MONETIZING GOVT DEBT TO FIGHT DEFLATION, NO NEED TO BUY TREASURY SECURITIES - Q&A

[14:22] {Threei}  - Quantitative measures could mean monitizing debt.

[14:22] {Threei}  - Fed must tread carefully if monizing US debt.

[14:22] {Threei}  - Reiterates that the Fed should not provide aid for automakers

[14:25] {dino} out all .85, +.30

[14:25] {dino} ty wish

[14:27] {Geo} wow NQ move

[14:27] {Geo} you trading/watching vad?

[14:28] {Threei}  beaiting myself up for missing UAUA

[14:29] {Geo} ok :)

[14:30] {dptl} have a good evening all...leaving early

[14:31] {Threei}  slacker

[14:31] {Threei}  take care :)

[14:31] {dptl} :)

[14:32] {Chaeron} yeah... dp was here when you were on vacation and you call HIM a slacker

[14:32] {Threei}  that's what I do

[14:32] {Threei}  call people names

[14:32] {Threei}  blame them for my own faults

[14:32] {Threei}  you have anything against this??

[14:32] {dino} layn l .75

[14:34] {dino} fdo l .50

[14:34] {magoo} seems mkt no care about beiuge

[14:42] {magoo} uh vad? what u doin?

[14:43] {Threei}  trying to find something tradable?

[14:44] {Threei} Long Setup:  ADBE  .20 break

[14:44] {Threei}  half lot

[14:46] {Geo} stop under 10?

[14:46] {Threei}  last pullback bottomed out at .09

[14:46] {Geo} y

[14:48] {dino}  out layn .99, +.24

[14:50] {Threei}  1:1

[14:50] {Threei}  half out

[14:50] {Threei}  stop to under .20

[14:51] {Threei}  yawn

[15:02] {Threei}  both UAUA and ADBE are bounce candidates

[15:03] {Geo} i am carefull

[15:03] {Geo} bonds on high of day 

[15:03] {Geo} hitting hard

[15:03] {Threei}  just scalps if you go for entries

[15:03] {Geo} ok

[15:04] {wishbone} what does bonds on high of daymean geo?

[15:04] {Threei}  took .03 ADBE and .74 UAUA

[15:05] {dino} interest rates dropped

[15:06] {Threei}  out UAUA +.14

[15:06] {magoo} waiting .93

[15:07] {Geo} out UAUA 10 cents thanks

[15:07] {Threei}  out ADBE +.13

[15:07] {Geo} couldnt do 2 :)

[15:07] {Threei}  easy money

[15:07] {Geo} but happy with my day.......

[15:07] {Geo} also wishbone bonds on high usually tamps down stocks for a little while

[15:08] {Geo} flight to safety

[15:08] {magoo} out UAUA TY vad

[15:08] {Geo} i personally use it as a signal

[15:08] {wishbone} ok ty

[15:08] {Threei}  welcome guys

[15:08] {Threei}  nice scalping footwork

[15:08] {Geo} learned from the bdday guy

[15:08] {Threei}  very safe and with immediate gratification

[15:09] {magoo} out ADBE here TY vad

[15:09] {Threei}  :)

[15:12] {dino} gme l .50

[15:22] {dino} out gme .65, +.15

[15:27] {magoo} VVVVVVVVVAAAAAAAADDDDDDDDDDDDDDDD

[15:27] {magoo} wghat u doin?

[15:27] {Threei}  sheesh

[15:27] {Threei}  scared me

[15:27] {Threei}  nothing

[15:28] {Threei}  market is locked in a very narrow range

[15:28] {Threei}  ADBE starts looking like short on 22 break

[15:31] {dino} whipping around +70-+20 crazy

[15:31] {Geo} adbe valid vad?

[15:31] {Geo} whats the invalidating?

[15:32] {Geo} .1`5?

[15:32] {Threei}  just need it to consokidate a bit tighter

[15:32] {Geo} nice wedge on Qs

[15:34] {dino} here comes +70

[15:35] {dino} breakout

[15:35] {Threei}  for sure invalidated now

[15:37] {dino} fdo out ave. +.10

[15:41] {dino} layn l .90, gappy careful

[15:44] {Geo} .

[15:51] {Geo} anyone trading

[15:51] {Geo} ?

[15:51] {Geo} i am just scalping NQ

[15:51] {patience} what to trade?  not my style

[15:51] {Geo} ok

[15:51] {Threei}  WSJ US TREASURY CONSIDERING PLAN TO STOP HOUSING PRICES FROM FALLING

[15:52] {Geo} where do i sign up?

[15:52] {Threei}  they'll buy houses?

[15:52] {dino} y

[15:54] {wishbone} vad for previous scalp on bounce of uaua and adbe [12:03]. what was stop?

[15:55] {Threei}  just under nearest support for both

[15:55] {Threei}  under 22 for ADBE

[15:55] {Threei}  under .70 for UAUA

[15:55] {wishbone} ty

[15:55] {Geo} in ADBE !

[15:55] {Geo} oh not  a call out

[15:55] {Threei}  ?

[15:56] {Geo} just kidding

[15:56] {wishbone} lol

[15:56] {Threei}  geo... starting drinking early today? :)

[15:56] {Geo} i only drink wheatgerm

[15:56] {Geo} (with vodka)

[15:56] {Threei}  Ok guys, thank you all

[15:56] {Threei}  have a great evening,

[15:56] {Threei}  see you tomorrow

[15:56] {wishbone} ty good nite all

[15:56] {magoo} ty vad

[15:57] {Geo} thanks vad..... 

[15:57] {KSystems} good night!

[15:57] {dino} have a happy bday vad

[15:57] {Threei}  thank you, I will