Dec 29 2008

Mostly slow day, still presented a few nice trades. SLW particularly was useful educational one as we applied so called "umbrella concept".  See the comments from 10:00 and on for more details.

Session Time: Mon Dec 29 00:00:01 2008

[08:30] {Threei}  NYMEX FEB CRUDE FUTURES MOVE BACK BELOW $40/BARREL - TRADERS

[08:30] {Threei}  **Note Crude drifting lower after Senegal Foreign Min stated that Hamas Chief Meshaal was ready to sign a peace agreement

[08:43] {Threei}  REPORTEDLY PALESTINIANS BREAKOFF PEACE TALKS

[08:47] {Onix} Good morning everybody

[08:48] {Threei}  onix :)

[08:59] {gen} gm rt

[08:59] {Threei}  gen :)

[08:59] {gen} :)

[09:00] {KSystems} Good morning

[09:01] {Threei}  ks :)

[09:03] {Onix} hi gen; ks

[09:06] {gen} Onix ,ks:) 

[09:07] {ese} good morning......

[09:07] {dawg} gm all

[09:08] {Onix} hi dawg

[09:08] {lisa_jay} Good morning.

[09:08] {magoo} morning

[09:08] {Onix} hi lisa; magoo

[09:09] {lisa_jay} Hi Magoo, Onix, Dawg, Ese, Gen, Ksystems, Threei :-)

[09:10] {gen} lisa, magoo, dawg, ese :)

[09:11] {dawg} Hello Onix

[09:11] {Threei}  ese, dawg, magoo, lisa :)

[09:12] {Threei}  so... as if 2008 was too boring, we got new war on its last days

[09:15] {Onix} hi ese

[09:15] {ese} hey onix....happy new year all....

[09:15] {Onix} just seems as if that war will never end

[09:15] {Onix} ty

[09:16] {Threei}  thank you ese, you too!

[09:16] {ese} vodka all around .....on vad...bonus for being on the board??????

[09:16] {Threei}  sure, just don't let dp to pour it

[09:17] {Threei}  he knows just one measurement: to the rim

[09:17] {ese} my kind of measuring

[09:18] {Threei}  watching SLW, possible mover on renewed commodities strength

[09:18] {Threei}  GG

[09:18] {Threei}  USO

[09:19] {Threei}  half eye on PLD to see if there is a desire for momo continuation

[09:19] {ese} done

[09:19] {dino} gmn all

[09:19] {Threei}  dino :)

[09:19] {dino} gm that is

[09:20] {gen} dino:)

[09:20] {dino} 'gm gen

[09:21] {Onix} hi dino

[09:22] {dino} :)

[09:23] {magoo} vad, news AAPL..RIMM..FSLR??

[09:24] {Threei}  nope

[09:26] {dptl} good morning all

[09:27] {dino} zacks buy on rimm

[09:27] {gen} dp:)

[09:27] {dptl} :)

[09:28] {magoo} ty

[09:29] {ese} whats with LINE?

[09:29] {Threei}  dp :)

[09:29] {Threei}  12/27/08 10:32am

[09:29] {Threei}  Barron's Cover Story: HPQ is Printing Profits

[09:29] {Threei}  ** also in Barron's this week: positive on MICC and LINE; credit card issuers face tough times.

[09:30] {Threei}  - positive feature Linn Energy MLP (LINE) a gas and oil driller that pays out close to 70% of its quarterly cash flow to its shareholders. The shares have been halved recently, but could rebound back to their peak if the limited partnership can maintain its level of cash-flow distributions

[09:33] {patience} out Gordcorp +3.03 - I'm done for the day   :)    good morning RT

[09:33] {Threei} Long Setup:  SLW  .30 break if stays above .15

[09:33] {Threei}  nice hold patience

[09:33] {magoo} in SLW

[09:33] {patience} involuntary, tsx was closed last friday

[09:34] {ese} nice patience....

[09:35] {Onix} in .32

[09:35] {Threei}  look to half out SLW closer to .50

[09:35] {magoo} waiting .47

[09:36] {Threei} Long Setup:  GG  half lot 31 break if stays above .85

[09:39] {Threei} Long Setup:  PLD  half lot .20 if stays above 13

[09:39] {Threei}  GG invalidated

[09:39] {dino} gj patience

[09:39] {Threei}  SLW 1:1, half out

[09:40] {magoo} out .47 TY

[09:40] {Threei}  welcome

[09:40] {ese} good job all...

[09:40] {Threei}  PLD invalidated

[09:41] {Threei}  bounce candidate but no read here

[09:41] {magoo} USO bouncer vad?

[09:42] {Threei}  offering 1/4 more SLW .59

[09:43] {Threei}  not sure here mags

[09:43] {magoo} ok ty

[09:43] {magoo} beauty SLW boss

[09:43] {Onix} 1/2 out slw .49

[09:44] {gen} SLW .55

[09:44] {Threei}  out 1/4 .54

[09:44] {gen} ty Vad

[09:44] {Threei}  :)

[09:45] {Threei}  stop for the last part is under .30

[09:46] {Threei}  with most of profit protected want to let it breathe and move

[09:47] {magoo} wheres support? .30 ish/

[09:49] {Threei}  most pronounced one, yes

[09:50] {Threei}  pld

[09:51] {Threei}  ugh

[09:51] {Threei}  missed that sharp selloff

[09:51] {Larisa1} nah, it was not catchable bottom

[09:51] {Threei}  I guess

[09:51] {wishbone} gg

[09:56] {Threei}  if this last portion is stopped on SLW, this one is not done most likely

[09:56] {Threei}  just need something new to shape up on it

[09:57] {Threei}  don't be in any rush to force new trades, our strategy till jan is to be relaxed and picky

[09:57] {Threei}  hunt and peck

[09:57] {Threei}  not that we are going to become particularly tense in Jan, mind you

[10:00] {Threei}  we can try kind of umbrella trade on SLW here

[10:00] {Threei}  if stays above .40, buy 1/4 back on .45 break

[10:00] {Threei}  stop for this 1/4 is under .40

[10:00] {Threei}  if moves, ride half lot into .55 and higher, look to unload it around .60

[10:01] {Threei}  unload 1/4 that is

[10:01] {Threei}  still keeping first 1/4 as core position

[10:01] {Threei}  confusing enough? :)

[10:01] {Onix} clear as mud :)

[10:01] {KSystems} order status page looking funny now :)

[10:03] {Threei}  consider them 2 separate positions, those 1/4s

[10:03] {Threei}  one is still with stop under .30 and for riding

[10:03] {Threei}  another is .45 break entry

[10:03] {Threei}  with stop under last low and for exit around .60

[10:04] {Threei}  umbrella concept, scalping around core position

[10:06] {Threei}  getting full lot and grabbing 1:1 would be more in the spirit of the concept, I just don't want to overcommit in this environemnt, and keep this trade as kind of training wheels

[10:06] {Threei}  because we will do more of this kind as bull market arrives

[10:07] {Threei}  feel free to take scalp on this second 1/4 anytime

[10:07] {Threei}  it's over 1:1

[10:08] {Threei}  WHITE HOUSE PRESS SEC: VIOLENCE IN GAZA WILL NOT STOP UNTIL HAMAS CEASES ROCKET FIRE IN ISREAL

[10:10] {Threei}  where is Geo, missing such an educational trade

[10:10] {Threei}  where is Chaeron the Adorable, he is just missed

[10:10] {Larisa1} sigh

[10:11] {Threei} Long Setup:  AUY  7.40 if stays above 7.30

[10:11] {dino} fwiw, watching ccc, rvbd, panl, gild

[10:12] {dino} afam too

[10:18] {Larisa1} vad, on PLD, capitulation bottom was too fast to catch, jumped with spread .25. But would you short it on a bounce back to 13 (10:04)  with a stop just above 13, or too strong bounce for shorting ?

[10:19] {Threei}  hard to tell

[10:19] {Threei}  one of those that look easy in hindsight

[10:19] {Threei}  but during the development, not much to hang your hat on

[10:20] {dino} 8391 dji target

[10:23] {Threei}  NY FED: REFRAINING FROM OPEN MARKET OPERATIONS

[10:23] {Threei}  coward

[10:25] {Chaeron} who you callin' yellow?"... :) Good morning all

[10:25] {Threei}  hi Chaeron :)

[10:26] {Threei}  [10:10] {Threei} where is Chaeron the Adorable, he is just missed

[10:26] {Larisa1} morning Chaeron :)

[10:26] {Chaeron} awww thanks... but that title just doesn't strike fear in men's hearts.......

[10:28] {dino} no, not really

[10:28] {Threei}  but it's so warm and fuzzy

[10:29] {Geo} gm traders !

[10:29] {Chaeron} hi Geo

[10:30] {Threei}  Geo :)

[10:30] {Threei}  [10:10] {Threei} where is Geo, missing such an educational trade

[10:30] {Threei}  there... they heard me or what

[10:31] {Geo} :)

[10:31] {Threei}  SLW new high

[10:31] {Geo} i was planning to slack till jan

[10:31] {Geo} couldnt keep away

[10:31] {Threei}  can trail dtop to under .40 now

[10:32] {Threei}  dtop = stop, I guess

[10:33] {Threei}  AUY stop to .34

[10:33] {dino} nwpx

[10:38] {ese} long JASO .32

[10:43] {dino} sm l gild .40, stop .07

[10:51] {Threei}  SLW umbrella trade can be engaged once again with .55 break if stays above .50

[10:52] {dino} sm l ccc .00., stop lod

[11:01] {Threei}  ISRAELI DEPUTY PM: ISRAEL'S GOALS ARE TO BRING DOWN HAMAS

[11:04] {Threei}  overall, liking this approach tried on SLW today?

[11:07] {Larisa1} group tough to please, you need to try harder threei :)

[11:07] {magoo} yup

[11:07] {Onix} it is looking good, but i sold out earlier, ty

[11:08] {Threei}  every time I try harder I just fall asleep

[11:09] {Larisa1} open your windows, cold air will wake you up :) 

[11:09] {dino} out gild .60, +.20

[11:09] {Onix} gj

[11:10] {dino} ty

[11:11] {Threei}  that would go against my actual purpose larisa

[11:11] {Threei}  making money while being barely awake (or half asleep), and by no means do anything that could get me wake up fully - that's the idea state

[11:12] {Threei}  ideal

[11:13] {lisa_jay} Is the SLW trade still valid (umbrella)?

[11:13] {lisa_jay} Thanks.

[11:14] {Threei}  no, holding .50 was a condition

[11:14] {Threei}  and it didn't just dip 1 cents below

[11:29] {magoo} Q read vad?

[11:30] {Threei}  chart wise, scalp on a long side with .70 trigger

[11:30] {Threei}  how reliable it is in so slow trading, no idea

[11:30] {dino} afam sm l .70, gappy, wide risky

[11:31] {dino} grrr nwpx was waiting s at .84

[11:33] {lisa_jay} Come one AUY break .50 already.

[11:36] {dino} rbn sm l .96

[11:40] {dino} stop is .63

[11:44] {Threei}  AUY 1:1

[11:44] {lisa_jay} out half...thanks Vad.

[11:44] {Onix} beautiful patience Vad

[11:45] {Threei}  wasn't hard really

[11:45] {Threei}  it never jeopardized the stop

[11:45] {Threei}  just slow, so what... what's my hurry

[11:46] {Onix} true

[11:54] {dino} rimm gap around 38.44 fwiw

[12:06] {ese} hello ...anyone there.....was disconnected

[12:06] {patience} hi ese

[12:06] {ese} hi patience tks

[12:06] {dino} plfe drop

[12:06] {Threei}  yeah, server hiccup

[12:07] {Threei}  today kind of redefines slow

[12:07] {patience} i like how slw is holding

[12:07] {patience} light volume though

[12:07] {Threei}  if magoo bought .69 QQQQ which he asked about 35 minutes ago, he would be whooping 5 cents

[12:08] {dino} rbn stopped -.33

[12:08] {ese} out JASO.... +.15 on 1400shs...... was taking eons to move

[12:08] {ese} 200 beans works for me

[12:08] {patience} no kidding

[12:08] {Threei}  wtg

[12:09] {Geo} server yawned too

[12:09] {ese} tks

[12:09] {Threei}  can you blame it Geo?

[12:09] {lisa_jay} Seesh....looks like my microwave is affecting the server too.

[12:10] {Geo} whatcha cooking lisa?

[12:10] {lisa_jay} Anyways, out AUY got 11c and 17c Thanks Vad.

[12:10] {Threei}  good job lisa

[12:10] {Onix} wtg lisa!

[12:10] {lisa_jay} Thanks Onix.

[12:11] {dptl} mur?

[12:12] {Threei}  you really feel like messing with such thin stock during so thin trading?

[12:12] {ese} Liiiiiiiisssssssssa   BAAAAAABY!!!!!!!!!!       wtg

[12:12] {lisa_jay} :-)

[12:12] {lisa_jay} Vad's call.

[12:13] {Threei}  MUR is walking recipe with unnecessary stop

[12:13] {ese} yep ....for alot of mine as well....

[12:13] {dptl} yeah....tru

[12:13] {dino} rbn tags stop classic nyse junk

[12:14] {dino} gj es, lj

[12:14] {lisa_jay} I hate NySE stocks now...used to trade them a lot before Vad...Always stopped out.

[12:15] {Threei}  well, SLW and AUY are not exactly NASDAQ :)

[12:16] {dino} lol

[12:16] {lisa_jay} You have expeirence in palcing stops..

[12:16] {lisa_jay} I didn't...don't...will i ever?

[12:16] {Threei}  come on...

[12:17] {Threei}  are there really many ways to place stop?

[12:18] {dino} imo only 2 ways

[12:18] {lisa_jay} Come and get me stops...or you can't catch me stops :-)

[12:20] {lisa_jay} Seriously, Vad's blog post on stops is really helpfull.  Using that as a blue print takes out lot of stress.

[12:21] {Geo} youre not using the 2nd sigma vol based chandler stops?

[12:21] {lisa_jay} lol

[12:21] {Geo} heheheh

[12:21] {Geo} but they are real you know

[12:22] {lisa_jay} Ok.

[12:22] {Geo} http://www.fibonaccitrader.com/HELP/INDICATORS/ChandelierStop/chandelier_stop.htm

06[12:22] * Geo doesnt use it or know anyone who does

[12:24] {KSystems} Chuck does, geo ;)

[12:24] {Geo} lol

[12:25] {KSystems} the formular looks a bit similar to the parabolic sar

[12:25] {Geo} yes

[12:25] {Geo} i looked at it long ago and decided its just easier hiding behinf supp and res

[12:25] {KSystems} chicken

[12:25] {Geo} no

[12:25] {KSystems} :P

[12:25] {Geo} lazy

[12:25] {Geo} vad would approve

[12:30] {Threei}  dp... see MUR?

[12:30] {ese} I knew that watching the markets in slow motion would come in handy one day......was just looking at one of our plants.....and i swear tha i saw it grow......hows that for skill transfer

[12:31] {ese} hmmmmm i really am bent ....arn't I......

[12:31] {dptl} ye.....i totaly lost lately......feels like don't understand enything

[12:32] {Geo} nope  just trying to work hard on a vacation day

[12:32] {Geo} hey chaeron... you took your kid to mtn high/big bear et?

[12:33] {Geo} he is gone !!! sniff

[12:33] {Threei}  henever recovered from server dump

[12:34] {Geo} slacker used it as an excuse !

[12:34] {Threei}  lol

[12:34] {Geo} for those of you not of these parts

[12:34] {Geo} we go there to sled/ski on artificail snow

[12:35] {Larisa1} in swimsuits ?

[12:35] {lisa_jay} nice...all our snow melted yesterday..60 degrees

[12:35] {Geo} hehehe but not a good sight no

[12:35] {lisa_jay} yup

[12:36] {Geo} took my 2.5 and 4.5 yr old for a trial run... looks like ill have to gear up as they had a lot of fun

[12:37] {dino} cool

[12:37] {Geo} http://www.bearmountain.com/index_winter.php

[12:37] {dino} my kids started at 5 and 7 geo, no fear

[12:38] {Geo} hmmm maybe i should chill heheheh

[12:40] {Larisa1} this looks scary, I wonder if these boys sliding on rails wear some kind of protection :)

[12:41] {Geo} skateboarding transferred to snow

[12:42] {dino} lol  larisa

[12:45] {Larisa1} Threei we know your secret : you ARE Santa, need to wake up and give us Santa rally.

[12:46] {Threei}  no I am not

[12:46] {Threei}  I am too sarcastic and mean

[12:46] {Threei}  my 'ho ho ho" sounds too much like gloating "ha ha ha"

[12:47] {Larisa1} can you at least pretend ?

[12:47] {Threei}  unsucessfully yes, I can

[12:47] {Threei}  but think of it... can you even begin to imagine Santa slapping people around him with various objects

[12:48] {Threei}  all of them large

[12:48] {Larisa1} why not, crazy World, crazy Santa

[12:48] {Threei}  ok... then you get crazy rally :)

[12:48] {Larisa1} lol

[12:57] {patience} vad, is your christmas tree too close to the server?

[12:57] {dptl} .

[12:57] {dino} hmm, booted again

[12:57] {Geo} man

[12:57] {Geo} vads server preventing me from making millions

[12:57] {dino} me too geo

[12:58] {Threei}  sigh

[12:58] {Threei}  lisa and her microwave

[13:01] {dino} gild sm l .30, forgot about it

[13:03] {dino} 12/12 dji lod 8347

[13:13] {lisa_jay} Yup...heated some pizza for kid.

[13:13] {Threei}  there you go

[13:14] {lisa_jay} Seriously...do u think it is affecting it?  Will have to stop using it during market hrs.

[13:14] {Geo} wood fired ovens are ok

[13:15] {lisa_jay} Thank God I still have one of those.

[13:19] {lisa_jay} .

[13:19] {dino} out afam .30, +.60

[13:19] {patience} wonderful Dino

[13:20] {lisa_jay} nice

[13:20] {dino} ty, all day it seemed

[13:25] {Onix} gj dino

[13:31] {dino} sold that about .70 early

[13:33] {lisa_jay} Vad, MRO?

[13:33] {Threei}  not sure lisa

[13:33] {Threei}  kind of 50/50

[13:34] {lisa_jay} Ok, thanks..

[13:35] {magoo} read Q vad??

[13:35] {Geo} lisa dcc pls

[13:37] {Threei}  none mags

[13:38] {Threei}  no rythm to get any real read

[13:42] {dino} idiot award to me today, afam goes another 1.20

[13:43] {magoo} cant catch  the top dino..u know this

[13:43] {lisa_jay} no Dino..i get the "Idiot prize"....let a 50c trade go against me.

[13:43] {magoo} scalp a scalp 

[13:43] {dino} putting it mildly

[13:44] {Threei}  you are kidding lisa

[13:44] {lisa_jay} Hanging head in shame...no Vad

[13:45] {lisa_jay} MICC.

[13:46] {dino} out ccc .47, +.47

[13:46] {dino} don't dwell on it lj

[13:46] {Onix} gj again

[13:47] {Threei}  I may let go sometimes relatively small profit

[13:47] {Threei}  10 - 12 cents, something like that

[13:47] {dino} thx, taking hours today

[13:47] {Threei}  if I feel strongly it has bigger chance,

[13:47] {dino} afam spikes w/o me

[13:48] {Threei}  don't really care about oreserving relatively small profit as I have nice day without it

[13:48] {Threei}  but 50 cents?

[13:48] {lisa_jay} Yup.

[13:48] {Threei}  no way in the world I'd let it evaporate

[13:48] {lisa_jay} very small shares...so could not partial out.

[13:50] {Threei}  50 cents is 50 cents

[13:50] {dino} rate sm l .80 partial fill

[13:53] {dino} lj, look at it this way, at least cov the commission cost

[13:53] {lisa_jay} Ok, thanks Dino.

[13:53] {dino} what size if i may ask?

[13:53] {lisa_jay} 100 shares.

[13:54] {Threei}  and your daily goal at this point is, if not a secret?

[13:54] {lisa_jay} :-)

[13:54] {dino} ok. fwiw i'm on only 300 for now, give you an idea

[13:55] {dino} .50 up, i lock in by hard stop $100 profit

[13:55] {dino} but i am stingy

[13:55] {lisa_jay} Book the profits....till i get to the daily goal.  Ok.

[13:56] {dino} it adds up, and think about it 5 $50 hits = i $250 hit

[13:56] {dino} green = green does not matter how you do it

[13:57] {lisa_jay} Yes.

[13:57] {Threei}  and they do add up very nicely

[13:59] {dino} ot: remeber rimm, gap around 38.44, look what happened

[13:59] {lisa_jay} Vad, OXY cup and handle?

[13:59] {lisa_jay} Thanks.

[14:04] {dptl} .

[14:05] {Geo} have a great day all.....

[14:05] {Geo} off to take kids to play

[14:05] {lisa_jay} Bye Geo.

[14:05] {patience} bye geo

[14:05] {Geo} bye

[14:05] {dino} rate stop is .48

[14:05] {Threei}  take care geo

[14:05] {lisa_jay} rate

[14:05] {Threei}  nah lisa

[14:05] {lisa_jay} sorrry wrong screen...:-)

[14:06] {Threei}  I meant OXY

[14:06] {lisa_jay} ok, thanks Vad.

[14:09] {dino} cya geo

[14:15] {lisa_jay} hes

[14:20] {patience} few weeks ago, i read 26% of days trades are now placed in last half hour for overnight hold and sell

[14:21] {patience} which i have copied, monkey see monkey do

[14:21] {patience} wonder if this trend keeps building

[14:22] {Threei}  I'd think, it's a great scalpable pattern

[14:22] {patience} i try to sell in first 20 minutes of morning trading

[14:22] {Threei}  remember dino's "3:40" rally?

[14:22] {Threei}  probably reflection of that stats

[14:22] {Larisa1} but how do you sleep at night, patience? :)

[14:23] {lisa_jay} Out Hes 20c.

[14:23] {patience} i think i am probably the most risk adverse in the room

[14:23] {Threei}  there you go lisa

[14:23] {Threei}  that's how it's done

[14:23] {patience} i watch and read too much i guess, but i keep scalping always

[14:23] {Threei}  got a nice prodfit, book it

[14:24] {Threei}  don't think "what if"

[14:24] {lisa_jay} Thanks Vad.

[14:24] {Threei}  not during these low volume days anyway

[14:24] {Threei}  we will get different market

[14:25] {patience} my goldcorp april options this morning, up $1.85 and also $1.50 on different lots

[14:25] {Threei}  when its here we will let them run

[14:25] {patience} vad and i had a discussion about them, him asking why i don't hold them

[14:25] {patience} me: can't take the risk, want the money now

[14:25] {lisa_jay} I top ticked it...dropped right away.

[14:25] {Threei}  :)

[14:25] {dino} rate stopped -.33

[14:26] {lisa_jay} Patience how many strike prices away and exp months do you buy the options?  Thanks.

[14:26] {ese} yup .... I like that strategy......want the money now.....

[14:26] {patience} i prefer to be 6 months out

[14:26] {patience} and i'm usually close to being in the money

[14:26] {patience} i'm just looking for the pops and scalping in a trending market

[14:26] {Larisa1} risk tolerance is very different for different people. And it is all mental game. have to trade and try to be calm too. so your life is not a nightmare. 

[14:26] {patience} which is why i ambulance chase sectors

[14:27] {lisa_jay} Now i can't watch hes.

[14:28] {lisa_jay} R u mostly buying calls Patience.

[14:28] {patience} 95% of the time

[14:29] {patience} i've lost my edge on shorting, just can't stomach the risk

[14:31] {lisa_jay} Thanks Patience.  You seem to be using the leverage of Options really well.

[14:32] {patience} lisa, i don't know how to do options, one day i will take a course.  i am just scalping.

[14:33] {lisa_jay} A guy i know does spread trading with options

[14:34] {lisa_jay} held through the big drops in the market.

[14:34] {dino} [14:26] {patience} me: can't take the risk, want the money now

[14:34] {lisa_jay} I should print that on my eyelids.

[14:34] {dino} same patience, whenever i hold i get destroyed

[14:35] {dino} i am on ATM mode for time being

[14:35] {patience} another thing i had to learn, to trade according to my lifestyle.  too many interruptions in my day to watch the screen all the time

[14:36] {lisa_jay} hence in and out quick?

[14:36] {lisa_jay} quick scalps.

[14:36] {patience} yes, and i can always re-enter the stock if setup comes again in the day

[14:37] {lisa_jay} will keep that in mind.

[14:37] {dino} for me, lots of thought and review over last 5 days....bottom line, underperforming, too many trades, back to bread and butter w/more sitting

[14:38] {ese} speakin of siting.....am off to the chiropractor....see you all tomorow.

[14:38] {dino} cya es

[14:38] {ese} take care dino

[14:38] {lisa_jay} Hope everything is ok Ese?

[14:39] {dino} see rate take my stop to form new lod then bounce

[14:41] {Threei}  take care ese

[14:42] {dino} shen fast fall

[14:43] {dino} gappy one

[14:47] {Threei}  POSSIBLE THAT MSFT MAY LOOK TO ACQUIRE RIMM - CNBC GUEST

[14:47] {Threei}  {MSFT}

[14:47] {Threei}  gosh

[14:47] {Threei}  who is that guest

[14:48] {dino} better than yhoo

[14:49] {Threei}  no kidding

[14:50] {Threei}  that idea was whacked from the get-go, IMO

[14:50] {Threei}  I believe MSFT should be happy with how it turned out

[14:50] {dino} shen random

[14:51] {dino} they will probably get yhoo anyway, under 5

[14:56] {lisa_jay} dvn missed

[15:07] {dptl} .

[15:07] {magoo} Xoplosion up

[15:08] {lisa_jay} yup

[15:09] {patience} missed silver wheaton pop up 25 cents, friggin snow is blowing in with a windstorm

[15:10] {dptl} is it snow again there?

[15:10] {Larisa1} please send some snow to me, i want new year with a snow

[15:10] {Threei}  nothing here

[15:10] {Threei}  blue sky and sun

[15:10] {patience} oh great, the fluffy stuff now....and i'm trapped with christmas baking next to me

[15:10] {dptl} wheeu :)

[15:10] {patience} it's blowing north vad, it's only a few minutes away

[15:11] {Threei}  ok... waiting

[15:12] {dino} sm l shen .96 risky

[15:16] {patience} i sure missed some nice trades on potash, agrium and energy plays.  tsx up 261

[15:17] {Threei}  PAL

[15:17] {Threei}  interesting daily

[15:18] {Threei}  if stays here today and breaks 2 tomorrow, I would be interested

[15:19] {patience} good volume today

[15:19] {patience} nice and cheap  :)

[15:29] {dino} gild stop to .63

[15:30] {dino} out +.33

[15:30] {KSystems} beauty

[15:30] {KSystems} congrats :)

[15:30] {Threei}  :)

[15:30] {dino} ty

[15:31] {dptl} oh...finaly we have rain here...kinda miss it :)

[15:31] {KSystems} I have to get up early tomorrow....

[15:31] {KSystems} I'm out

[15:31] {KSystems} good night everybody!

[15:31] {Threei}  take care ks

[15:31] {lisa_jay} Bye Ks.

[15:32] {Threei}  (let's move Europe to NY time, will make things easier for ya)

[15:32] {KSystems} yes, or let me move to NY

[15:32] {KSystems} wouldnt say no

[15:33] {dino} giddy-up 3:40 area

[15:33] {patience} volume pop on goldcorp

[15:34] {dino} and unlucky me, wife is shopping

[15:34] {Threei}  SLW may be worth considering as overnight hold

[15:34] {dino} must be buying gold

[15:34] {lisa_jay} R u taking a position in SLW Vad?  Thanks.

[15:34] {Threei}  thinking still

[15:37] {dptl} have a good evening all :)

[15:37] {Threei}  take care dp

[15:37] {lisa_jay} bye dp

[15:38] {Threei}  OK... half lot at .42

[15:38] {dino} cya dp

[15:38] {Threei}  either add half lot if goes lower before end of day or holding this half if ends here or higher

[15:39] {dino} gutsy move maverick

[15:39] {dino} :)

[15:40] {lisa_jay} Stop for this trade Vad?

[15:40] {dino} on the dot, 3:40

[15:40] {Threei}  no kidding

[15:40] {patience} ditto to vad's comment

[15:40] {dino} to -25isk imo

[15:40] {Threei}  there is no stop for this half lot lisa

[15:40] {patience} looked like they ran stops and then buy program

[15:41] {Threei}  lower closing is for grabbing second half

[15:41] {lisa_jay} holding this overnight or partialling out?  Thanks.

[15:41] {Threei}  stop for full lot will be tomorrow's consideration

[15:42] {Threei}  if I remain with half lot, holding

[15:42] {Threei}  if get full, may partial out IF it moves up after hours

[15:48] {dino} nwpx hod

[15:58] {Threei}  Ok guys, thank you all

[15:58] {Threei}  slow but profitable day

[15:58] {lisa_jay} Thanks Vad.

[15:58] {Threei}  have a good evening, see you tomorrow

[15:58] {Larisa1} bye :)

[15:58] {lisa_jay} Thanks Dino and Patience.

[15:58] {patience} :)    

[15:59] {patience} you got wind and snow yet Vad?

[15:59] {Threei}  nope

[15:59] {patience} blue skies and sun here now

[15:59] {dino} out shen .05, 

[15:59] {dino} +.09

[15:59] {Threei}  see? I sent my nice weather to you

[15:59] {Threei}  despite your attempts to send that storm to me

[15:59] {Threei}  me kind

[16:00] {Threei}  almost as adorable as chaeron

[16:00] {dino} np lj

[16:00] {dino} thx all, ditto what vad said