Jan 06 2009

The market acted somewhat nervously today but still presented enough of opportunities. We got nice wins on RIMM, AMZN, PLD, HIG... and a few stops, weel controlled and tight enough not to make any difference to what shaped up as a very good day.

[08:01] {magoo} morning

[08:02] {Threei}  Good morning

[08:12] {Threei}  look at DRYS

[08:12] {magoo} isa there a play premkt'

[08:13] {Threei}  who knows... it has this manner to make a sizeable move before open but in terms of technical read, no

[08:13] {Threei}  it's above yesterday's high

[08:14] {Threei}  which can be considered a breakout

[08:15] {Threei}  already moved about 70 cents...

[08:16] {Threei}  will it pull back or just continue, no way to tell

[08:16] {Threei}  08:13am Dry Bulk Index +0.4% (first gain in 8 sessions

[08:26] {i2romantis} morning guys :)

[08:27] {Threei}  i2r :)

[08:28] {Threei}  how are you enjoying the courses?

[08:28] {i2romantis} really enjoying :)

[08:28] {i2romantis} went through scalping yesterday

[08:28] {Threei}  good to hear

[08:29] {i2romantis} I can't believe how great this stuff is

[08:29] {Threei}  whole thing??

[08:29] {Threei}  4 videodisks in one day??

[08:29] {Threei}  man

[08:29] {i2romantis} and I love the idea of the videos

[08:29] {i2romantis} almost, have a few pages left for scalping and one more CD

[08:29] {i2romantis} 3 so far :)

[08:29] {Threei}  yeah, I can't believe whole trading world doesn't rush to buy it {G}

[08:29] {i2romantis} just can't get yourself away from the computer, it's well explained

[08:29] {i2romantis} I've been waiting for this kind of explanation for years!

[08:29] {Threei}  I mean, where else do you find real trades recorded

[08:30] {i2romantis} exactly

[08:30] {Threei}  one after another, day after day

[08:30] {i2romantis} I think it should be advertised on facebook, with facebook group for reality trader

[08:30] {i2romantis} that would get an influx of buyers :)

[08:31] {i2romantis} But I sincerely appreciate what you've done so far, it's very helpful!

[08:31] {Threei}  ty, good to hear

[08:31] {i2romantis} ps: i just received the course stuff yesterday

[08:31] {Threei}  I wonder why not so many, or to be precise none, of "gurus" ever did that

[08:32] {Threei}  seems to be so obviious,

[08:32] {Threei}  if sitting next to a trader who knows what he is doing is the best way to learn

[08:32] {i2romantis} I agree, but a lot of them keep the "secret" so to speak, to themselves or something like that

[08:32] {i2romantis} i agree

[08:32] {Threei}  then this kind of course must be next best thing

[08:32] {i2romantis} yep

[08:32] {Threei}  granted, it's a tiresome process

[08:33] {i2romantis} the learning?

[08:33] {Threei}  and my memories of making it is a mix of joy and grunt

[08:33] {Threei}  no

[08:33] {Threei}  recording the plays

[08:33] {i2romantis} oh ok

[08:33] {Threei}  see, the problem is

[08:33] {Threei}  when a trade starts

[08:33] {Threei}  you never know whether it's going to be useful from educational point of view or not

[08:33] {Threei}  so you record much more than you use in final product

[08:34] {i2romantis} makes sense

[08:34] {Threei}  also, you can't record everything

[08:34] {Threei}  meaning, trades sometimes take much longer than expected

[08:34] {Threei}  if a stock doesn't do anything meanignful for an hour

[08:35] {Threei}  you won't be making your viewer to sit and watch it doing nothing for an hour, right?

[08:35] {i2romantis} yep

[08:35] {Threei}  you are going to skip this part,

[08:35] {Threei}  record couple minutes of with comment that it sat here for an hour

[08:35] {Threei}  but it's not possible to completely switch this process to editing

[08:36] {Threei}  first, some other play may come along meanwhile, and you want to record that

[08:36] {Threei}  and second, recording software is fairly heavy thing which slows down computer considerably

[08:36] {i2romantis} but that's in the end what's great about this, you are recording real sessions

[08:36] {Threei}  so, you have added element of pausing it and taking it off pause

[08:37] {i2romantis} of course editing is quite a bit of work, it's understood

[08:37] {Threei}  which can be very distracting

[08:37] {i2romantis} yep

[08:37] {Threei}  during real trading

[08:37] {Threei}  but whatever, it was great fun and the final result is absolutely unique course

[08:37] {i2romantis} i agree :)

[08:37] {Threei}  of which I am proud

[08:37] {i2romantis} and i'm glad you did it

[08:37] {Threei}  me too

[08:38] {Threei}  I like being p;ioneer

[08:38] {i2romantis} :)

[08:38] {i2romantis} have to step out, be right back

[08:49] {Onix} Good morning all

[08:49] {Threei}  onix :)

[08:51] {magoo} RTP newqs vad?

[08:52] {Threei}  01/05/09 07:15pm [RIO.AU] Has resumed iron ore mining operations in Pilbara region

[08:56] {Threei}  mags, if you grabbed DRYS, sell half at least here

[08:56] {hawkfan4} gm all

[08:56] {Threei}  hawk :)

[08:56] {ese} Harrrr  Maties.....

[08:57] {Threei}  ese :)

[08:57] {Threei}  watched some pirate movie yesterday?

[08:57] {ese} yup....

[08:57] {Threei}  parrot on my shoulder says Ahoy mate! while I readjust my wooden leg

[08:57] {ese} the kids got Pirates of The Caribean 

[08:59] {ese} vad.....whats dino's scan parameters for his DBI and JBI screens...do you know

[08:59] {dino} gm all

[08:59] {Threei}  he found and destroyed cameras I installed in his opffice... sorry

[09:00] {Threei}  dino :)

[09:00] {i2romantis} dino:)

[09:00] {dino} :)

[09:01] {Onix} hi dino

[09:01] {ese} dino......did you see my previous question.....I know it's 2 + or - but what else .....if you don't mind me asking

[09:03] {dino} ok es, here is the well guarded secret ...keep it simple.

[09:03] {wishbone} good morning

[09:04] {Threei}  wish :)

[09:04] {Onix} hi wish

[09:04] {dino} .06 jumps on scanner either up or down (cuts out noise), then look for multiples of them for spikes/capits.

[09:04] {Onix} hi hawk

[09:05] {dino} also, top 10 dji %gainers/losers and top 10 naz % gainers & losers.

[09:05] {wishbone} hi onix

[09:05] {dino} now you know it all

[09:05] {Threei}  little morning entertainment... e-mail overnight from one of readers of our trading log, essentially saying:

[09:05] {Threei}  I thought you guys run professional trading room,

[09:06] {Threei}  and I see so many jokes, how can you maintain focus... I am disapointed

[09:06] {dino} and then throw your bids/asks out a bit further than your mind thinks it could go for entries

[09:06] {geo} gm all

[09:06] {Threei}  geo :)

[09:07] {ese} tks dino.....

[09:07] {dino} "expect to lose" and move on to next trade

[09:07] {Threei}  I answered: if you don't enjoy the process, can you really count on a good result?

[09:07] {ese} am gonna try and reconfig DBI or JBI

[09:07] {Threei}  what's with taking themselves so seriously, sheesh

[09:07] {dino} in the end my "system" is simply a probabilities game

[09:07] {Threei}  "whistle while you work" comes to mind

[09:08] {Onix} :)

[09:09] {Threei}  and if light mood, enjoying trading and keeping some irony and self-irony about whole thing is a sin, I am guilty as charged

[09:09] {dino} aldn?

[09:09] {Threei}  who wants trading to be constipation... free to do so but I am not joining in

[09:10] {Threei}  don't see any news dino

[09:10] {dino} thx

[09:10] {dino} i am searching

[09:10] {dptl} good morning all

[09:11] {dawg} gm all

[09:11] {Onix} hi dp

[09:11] {dptl} :)

[09:11] {Threei}  dp :)

[09:11] {KSystems} Good morning :)

[09:12] {Threei}  ks :)

[09:12] {patience} good morning RT   :)

[09:13] {Threei}  patience :)

[09:14] {Onix} hi ks; patience

[09:19] {peterg} morning all

[09:19] {i2romantis} vad, does laser platform allow trading only on nasdaq or also nyse, tsx etc?

[09:20] {Threei}  NYSE, AMEX,

[09:20] {Threei}  TSX was introduced a while ago

[09:20] {Threei}  but I never looked

[09:21] {Threei}  peter :)

[09:21] {Onix} hi peter

[09:21] {Threei}  TSX wants much more for datafeed than US exchanges

[09:25] {ese} man DRYS up again....

[09:25] {peterg} the serious side of trading: traders as a group of nuclear scientists grimly staring at the bubbling mass that might explode any minute.....

[09:26] {peterg} Don't forget white coats

[09:26] {geo} bubbling mass

[09:27] {geo} sounds like my wife's cooking

[09:27] {peterg} lol

[09:27] {Onix} lol

[09:28] {Threei}  man, you guys can't be serious

[09:28] {geo} pun intended vad?

[09:29] {Threei}  I mean can't stay serious for one minute

[09:29] {geo} we only have one min before bell

[09:29] {peterg} And why should we?

[09:29] {geo} then we put game faces on

[09:29] {peterg} grim faces

[09:29] {Threei}  yes please

[09:30] * Threei stares at DRYS wth grim face

[09:30] {Threei}  watching for 15 break

[09:30] {Threei}  second break is long if stays above .90

[09:31] {Threei}  invalidated for now

[09:32] {Threei}  pullback is idea now

[09:32] {Threei}  closer to .60

[09:33] {peterg} RIMM

[09:33] {Threei}  not clear here

[09:33] {Threei}  DRYS that was

[09:33] {peterg} do you feel lucky?

[09:34] {peterg} ans: not that lucky

[09:34] {Threei}  RIMM, long on 44 break

[09:34] {Threei}  if stays above .80

[09:36] {ese} Ok dino.....how bout endp

[09:38] {Threei}  stop to .85 RIMM

[09:38] {Threei}  DRYS risky long .20

[09:38] {dino} v sm risky, s aldn .16

[09:38] {Threei}  if stays above 15

[09:40] {Threei}  half out RIMM

[09:40] {Threei}  .25

[09:41] {magoo} out .31 TY rimm

[09:41] {Threei}  offer 1/4 more above .40

[09:41] {Threei}  out 1/4 .45

[09:41] {geo} all out .41 TY  

[09:42] {magoo} oops..got .38 rimm

[09:42] {KSystems} rimm out 1/2 .22 and 1/4 .44 thanks you!

[09:42] {Threei}  welcome

[09:42] {dawg} all out RIMM ty sir

[09:42] {Threei}  last portin closer to .60

[09:42] {geo} thats serious greed

[09:42] {Threei}  me seriously greedy

[09:42] {Threei}  stop under .20

[09:43] {Threei}  out .57

[09:43] {dino} missed endp

[09:44] {KSystems} me too

[09:44] {Threei}  greed is good. G gekko

[09:44] {KSystems} beauty

[09:45] {geo} wow rimm

[09:46] {magoo} thats what it does

[09:46] {Threei} Long Setup:  GERN  5.15 break, stop under 5

[09:46] {Threei}  can be slow

[09:46] {magoo} all dayer?

[09:47] {Threei}  LLTC, pullback to .10 - .15 zone is long

[09:48] {dino} qdel

[09:49] {geo} bought the drys pullback

[09:49] {Threei}  around .80?

[09:49] {geo} .84

[09:50] {Threei}  :)

[09:50] {geo} out now

[09:50] {Threei}  not sure about LLTC anymore

[09:50] {Threei}  stalled

[09:51] {dino} algt sm l .20

[09:52] {geo} xto chk hal

[09:54] {Threei}  GERN, for scalpers stop is under day's low

[09:56] {magoo} target?

[09:57] {Threei}  it broke major resistance levels

[09:57] {Threei}  uncharted territory for quite a while

[09:58] {Onix} in gern .16

[09:58] {Threei}  watching ADBE

[09:59] {Threei}  pullback to .80 would be good, to .60 ideal

[09:59] {Threei}  but if market jumps again, 24 break can be a break trigger

[09:59] {Threei}  providing it holds above .85

[09:59] {ese} s ENDP 1/2 21.50

[09:59] {magoo} thoughts DRYS?

[10:00] {Threei}  holding well so far

[10:00] {Threei}  not sure about new 15 - 15.20 setup yet

[10:00] {Threei}  DEC ISM NON-MANUFACTURING COMPOSITE: 40.6 V 36.5E

[10:00] {Threei}  NOV PENDING HOME SALES M/M: -4.0% V -1.0%E

[10:00] {Threei}  - prior revised from -0.7% to -4.2%

[10:02] {magoo} RIMM news vad?

[10:02] {Threei}  nothing fresh

[10:02] {magoo} good sh scalp if mkt pullsbk

[10:04] {dino} algt stopped -.30\

[10:04] {geo} CELG punished bad today

[10:05] {ese} cover endp 21.32 +.18

[10:06] {Threei}  not much of pullback RIMM

[10:06] {magoo} i sh .55

[10:07] {magoo} waitingg .07

[10:07] {geo} nice magoo

[10:08] {magoo} covered

[10:08] {magoo} changed mind +.25

[10:08] {geo} cuz og Q?

[10:08] {magoo} it is strong

[10:09] {magoo} dam

[10:09] {dino} wina

[10:10] {magoo} dam..theres 07

[10:16] {KSystems} .

[10:17] {Threei}  no worky GERN

[10:17] {Onix} stopped gern

[10:17] {Threei}  BRCM... breaks while market drops

[10:17] * geo thanks magoo for dozing him into not entering

[10:17] {Threei}  interesting

[10:17] {geo} i only take trades that work

[10:18] {geo} pharma wierd today

[10:18] {geo} LLY and CELG getting beaten

[10:18] {geo} DNA rising

[10:18] {dino} risky v sm wina s .50, stop .03

[10:21] {Threei} Long Setup:  QQQQ  .31 if stays above .25

[10:24] {dino} gaps to fill 1st imo

[10:24] {Threei}  something's brewing on BRCM

[10:26] {geo} out

[10:26] {Threei}  pullback entry under .10 if goes there

[10:27] {dino} dji filled

[10:28] {Onix} stopped q's

[10:28] {Threei}  market is not very happy

[10:28] {wishbone} q's stopped

[10:30] {i2romantis} i agree, market is not happy at all :)

[10:31] {Threei}  pulled back to fill the gap

[10:31] {Threei}  now the question is, whether it bounces and proceeds making new highs or breaks down

[10:31] {magoo} 10:30 pullbk

[10:32] {magoo} 'very common

[10:36] {magoo} u in BRCM vad?

[10:36] {Threei}  no

[10:36] {Threei}  didn't pull back deep enough

[10:36] {magoo} me either

[10:36] {Threei}  and I am not sure this market is good for breaks

[10:36] {Threei}  if it goes without me, so be it

[10:37] {magoo} maverick, um, without US

[10:37] {dino} endp l .23

[10:37] {dino} sm

[10:38] {dino} stop is .93

[10:39] {i2romantis} although rcrc did a good run today

[10:41] {dino} wina bstop to .36

[10:42] {geo} MS

[10:45] {Threei}  BOSNIA REPORTS THAT RUSSIAN GAS SUPPLIES HAVE BEEN HALTED (BOSNIA AND SERBIA ARE 100% SUPPLIED BY GAZPROM)

[10:49] {Larisa1} 9000 is good, do not be afraid { whispers gently }

[10:50] {Threei}  {DJI} you promise?

[10:51] {Larisa1} afraid to promise :)

[10:54] {Threei}  NDAQ

[10:54] {Threei}  SEEING INTEREST RATE SWAP CLEARING SERVICE AS PROVIDING MAJOR SOURCE OF REV IN COMING YEARS

[10:54] {Threei}  - Expects to be able to clear interest rate swaps in non-US dollar denominations by end of 2009

[10:54] {Threei}  - Note: 1.06 NDAQ: Launches a derivatives clearinghouse - WSJ

[10:55] {dino} endp stopped -.30

[10:57] {dino} celg

[10:58] {dino} taking them to 5s and 0s; week before exp again

[11:03] {Threei}  market needs to decide something

[11:04] {Threei}  ALDN

[11:04] {Threei}  STRENGTH ATTRIBUTED TO REPORTS OF A NEW BUYOUT OFFER

[11:05] {dino} wina bstop to .06

[11:05] {dino} expect slippage

[11:05] {Threei}  RIMM

[11:05] {Threei}  want to see a little bounce, then 45 break for short

[11:06] {dino} aldn bstop to .23, thx vad

[11:06] {Threei}  no bounce... didn't want to short right away

[11:07] {dino} wina bstop to .92

[11:08] {Threei}  OK, either .90 break short if stays under 45

[11:08] {Threei}  or bounce closer to .15

[11:09] {dino} stopped slipped to .02,cov. +.48 wina

[11:09] {Threei}  in, stop 45.05

[11:10] {Threei}  cover half 1:1

[11:10] {Threei}  scapers take profit

[11:10] {dino} s&p gap filled

[11:10] {Threei}  stop to .95 for balance

[11:11] {peterg} ty got my .07

[11:11] {peterg} in late

[11:12] {Threei}  in hindsight, best entry would be near 45, conservative entry on retrace

[11:12] {Threei}  didn't think of it at the moment

[11:15] {geo} http://online.wsj.com/article/SB123125518158857415.html?mod=googlenews_wsj

[11:15] {geo} german billionaire committed suicide after the volkswagon short squeeze

[11:15] {geo} my question is where is the shame in wall street?

[11:16] {geo} they just palm off the losses to someone else

[11:16] {peterg} thank hank

[11:16] {peterg} he acts for all of us

[11:16] {Threei}  out balance

[11:16] {geo} i think its a more general malaise

[11:16] {geo} no sense of responsibility

[11:16] {peterg} end of the empire

[11:16] {peterg} and all that

[11:17] {peterg} in India, have seen ruins of temples from different eras, all gone with the wind

[11:17] {peterg} are we different?

[11:17] {peterg} Naaaaaaaaa

[11:17] {peterg} maybe this will be serious enough for overnight readers

[11:18] {geo} lets call it "who would have known" excuse

[11:19] {geo} for anything that goes wrong

[11:19] {dino} celg sm l .50

[11:19] {dino} stop .18

[11:29] {Threei}  market went boring and uneventful

[11:29] {Threei}  no fireworks

[11:31] {dino}  aldn bstop to .06 thing is stuck

[11:31] {dino} algt sm l .85

[11:33] {ese} outta here for the day all see ya tomorow

[11:33] {Threei}  take care ese

[11:33] {hawkfan4} cya es

[11:33] {dino} cya es

[11:35] {dino} syna

[11:35] {Threei}  ENI: RUSSIAN GAS SUPPLY HAS FALLEN 90%, GAZ DE FRANCE NOTES ITS RUSSIAN GAS DELIVERIES HAVE FALLEN 70%

[11:37] {dino} getting chilli over there i bet

[11:37] {Threei}  AMZN looks salmonish

[11:38] {geo} hehehe yup chilli keeps me hot too

[11:39] {dino} :)

[11:39] {Threei}  half lot long AMZN .15 break

[11:39] {dino} hot wings today

[11:39] {Threei}  if stays above 56

[11:40] {magoo} in

[11:40] {Threei}  1:1 easy

[11:40] {Threei}  can do more, partial

[11:40] {geo} hmmm what was your entry vad?

[11:41] {geo} i got .18

[11:41] {tomg} thanks vad

[11:41] {Threei}  welcome guys

[11:41] {magoo} .15 here

[11:41] {jmb}  thanks

[11:41] {Threei}  jmb :)

[11:41] {wishbone} amzn 18 ty vad

[11:41] {geo} i waited for break

[11:41] {geo} half out thanks vad

[11:42] {Threei}  1:2

[11:43] {magoo} out here .52 TY bodss

[11:43] {Threei}  1:3, out in full

[11:43] {geo} all out .58

[11:43] {geo} thanks lord vader

[11:43] {Threei}  welcome

[11:43] {magoo} return of the king he he

[11:43] {geo} linking new year

[11:43] {geo} liking

[11:43] {Threei}  patient waiting for your game pays

[11:43] {Threei}  we got beasutiful early RIMM play,

[11:43] {Threei}  then couple small stops,

[11:44] {Threei}  then little RIMM scalp

[11:44] {Threei}  nothing stellar, right?

[11:44] {dino} out celg .95, +.45

[11:44] {Threei}  sit and wait for clean safe play to come along

[11:44] {Threei}  don't jump on anything that moves

[11:44] {dino} cov aldn .96, +.20

[11:44] {Threei}  that will only amass unneeded stops

[11:45] {Threei}  wtg dino

[11:45] {magoo} any read Q here aregon?

[11:46] {Threei}  who's aregon?

[11:46] {magoo} [11:43] {magoo} return of the king he he

[11:46] {magoo} u

[11:47] {Threei}  cultural references mostly get lost on me, ya know {G}

[11:47] {geo} eragon

[11:47] {geo} king of elves

[11:47] {magoo} no...king of men

[11:48] {magoo} hang on..dino went in our restroom to pee

[11:48] {magoo} mkt pulls back

[11:48] {geo} too much detail

[11:48] {Threei}  that's trading signal geo

[11:48] {geo} oh ok

[11:48] {magoo} its a heads u

[11:48] {Threei}  magoo tracks this pattern for a while

[11:49] * geo puts shorting hat on

[11:49] {magoo} magoo yellling get out DINOOOOOOOO

[11:49] {magoo} ok hes out

[11:49] {geo} lol

[11:49] {geo} amzn pullback vad?

[11:50] {Larisa1} PLD volume

[11:51] {Threei}  too late geo

[11:51] {Threei}  .50 was it

[11:51] {geo} yeah :(

[11:52] * laserdave1 slaps Threei around a bit with a large chart of uptrending market

[11:52] {dino} ohhhh mannnn

[11:52] {Threei}  look who got technologically advanced

[11:52] {dino} that kind of talk is just wrong

[11:53] * laserdave1 slaps magoo around a bit with a large Threei

[11:53] {Threei}  hey!

[11:53] {hawkfan4} lol

[11:53] {laserdave1} pulling out all the gems here

[11:54] {magoo} thats alot of smack u just hit magoo with bud :)

[11:54] {laserdave1} :)

[11:54] {laserdave1} wow is this market slowwww

[11:54] {magoo} did u get chaer DCC yesterdasy dave?he asked us to let u know

[11:55] {laserdave1} yup all good

[11:55] {laserdave1} ty

[11:55] {magoo} ok..

[11:55] {geo} snif AMZN

[11:56] {magoo} pass me tissue geo

[11:56] * geo hands out the box

[11:56] * magoo slaps geo around a bit with a large very discusting used tissue

[11:56] {geo} ewww

[11:57] {geo} that was a setup !

[11:57] {geo} in the meanwhile AMZN

[11:59] {dino} endp interesting

[11:59] {Threei}  i2r... laserdave here is your guy to ask about Laser

[12:00] {Threei}  in case you haven't gathered it from his nick :)

[12:00] {Threei}  you may have mistakenly think it means he is sharp and focused as laser

[12:01] {magoo} which would be wrong assumption

[12:02] {magoo} LASER is best system by far

[12:02] {Threei}  very

[12:02] {magoo} and i been in about 6

[12:03] {magoo} heres my progression.....

[12:04] {magoo} schwab..datek..ameritrade...TD...mbtrade...genesis...LASER

[12:04] {geo} welmostly retail magoo

[12:04] {geo} well mostly

[12:04] {magoo} yup..started there

[12:05] {geo} laser KILLS on nasdaq

[12:05] {magoo} can u imagine

[12:05] {geo} prob the only platinum certified partner available to us

[12:05] {Threei}  I don't see any difference between NASDAQ and listeds anymore

[12:06] {Larisa1} we missed HIG and BRCM breaks , that e-mail guy was right, you  guys ARE distracting :)

[12:06] {geo} oops

[12:07] {Threei}  and proud of it

[12:07] {magoo} WOW larisa:(

[12:07] {Larisa1} I know :)

[12:07] {geo} i am here for social networking

[12:08] {Threei}  I am here to tell you I don't know why I am here

[12:08] {geo} dino

[12:08] {geo} youre fav PRU

[12:10] {magoo} im here to keep vad honest lol

[12:11] {Threei}  yeah, I am known as a big liar when left unsupervised

[12:11] {magoo} no..not that...i just remind u of the trades i hate

[12:11] {geo} booohoohoo

[12:11] {geo} AMZN

[12:11] {geo} its going to the moon

[12:12] {magoo} vad hooked a pointer there

[12:12] {magoo} nice rerad aregon{king of men}

[12:13] * Threei slaps magoo around a bit with a large book of slow cooker recipes and suggests to keep within this short list of reading

[12:13] {dino} endp sm l .40, stop .09

[12:14] {Larisa1} LLTC too smooth, just hanging at high doing nothing,  no matter what market does

[12:14] {Threei}  yeah, I am not delighted

[12:15] {dino} pcln

[12:17] {dino} hmm pru up cb down

[12:18] {geo} amgn

[12:19] {dino} pru taunting me to short it

[12:19] {Larisa1} PLD not happy

[12:19] {Threei}  HIG, bounce entry arounbd here on firast strength

[12:20] {Threei}  with stop under 19

[12:20] {Threei}  got .11

[12:21] {Threei}  half out

[12:22] {magoo} missed

[12:22] {Threei}  offer balance above .30

[12:22] {Larisa1} nice bounce call HIG

[12:22] {magoo} that was nice

[12:22] {Threei}  ty

[12:23] {Threei}  clean bounce off touching rising lower BB

[12:23] {geo} vad no trouts pls

[12:23] {geo} but what was the BB val again ?

[12:23] {Threei}  13 and 1.7

[12:23] {wishbone} amzn 12 ty vad

[12:23] {Threei}  save that layout finally, will ya?

[12:24] {geo} hehehe

[12:24] {Threei}  just now wish?

[12:24] {wishbone} no the bounce

[12:24] {Threei}  :)

[12:25] {Threei}  PLD

[12:25] {Threei}  SHARES DOWNGRADED TO UNDERPERFORM FROM NEUTRAL AT MERRILL, PRICE TARGET $11

[12:25] {wishbone} soory that was hig

[12:25] {Threei}  oh... I was wondering why I was getting credit :)

[12:25] {Threei}  but I took it anyway

[12:25] {Threei}  lol

[12:26] {Threei}  anyway, who is Merril to downgrade anyone?

[12:28] {KSystems} do they actually rate themselves?

[12:30] {dino} ahh mother merrill, getting re-married

[12:34] {Threei}  this HIG bounce I missed totally... grrr

[12:35] {geo} NOV crazy strong

[12:42] {Threei}  if market shows new strength, RIMM .43 long if stays above .35

[12:42] {Threei}  want semi-aggressive entry with tight stop

[12:42] {Threei}  with .50 consequent break as launching paf

[12:43] {geo} nov 31 break vad?

[12:43] {Threei}  paf = pad

[12:43] {Threei}  can't tell geo

[12:44] {geo} TY

[12:46] * Threei tries to kick RIMM in the rear over .45 barrier

[12:48] {magoo} nice kickaroo

[12:48] * Threei , inspired by success, tries to kick RIMM in the rear over .50 barrier

[12:49] {magoo} magoo notices 3i getting tired..starts helping him kick

[12:49] * geo introduces himself to people as someone who benefits from vad's violence

[12:49] * Threei kicks RIMM just for the fun of kicking

[12:49] {magoo} ouch..3i kicks magoo

[12:50] {KSystems} wheres your first target if i may, vad?

[12:51] {geo} hmm i took some off at .53

[12:51] {Threei}  closer to .60

[12:51] {geo} as his top was less than 10

[12:51] * Threei endorses geo's endorsement of violence as legit trading approach

[12:51] {Threei}  hmmm

[12:51] {Threei}  ok, out half.54

[12:52] {Threei}  market may pull back here easily

[12:52] {Threei}  want to secure some

[12:53] {magoo} ditto

[12:54] {geo} out

[12:54] {geo} day went rather well.... nibbling is good

[12:55] {Threei}  sure... but it still looks strong, why not leave 1/4 to give it a chance

[12:55] {geo} q pulled

[12:55] {Threei}  exactly

[12:55] {geo} and rimm didnt

[12:55] {geo} sigh...

[12:56] {Threei}  Qs pulled back, and RIMM didn't even lose .50

[12:56] {magoo} vad..u following AMZN?

[12:56] {dino} algt stop to .19

[12:56] {Threei}  not right now mags

[12:56] {Threei}  kind of nursing RIMM

[12:56] {magoo} point pull here

[12:56] {dino} out .22, +.37

[12:56] {geo} short?

[12:57] {magoo} ok room..dino chant

[12:57] {magoo} dino

[12:57] {magoo} dino

[12:57] {magoo} dino

[12:57] {Threei}  it won't work magoo... I tried that, he is trading well anyway

[13:00] {dino} risky sm s pru .25, stop .53

[13:00] {Threei}  out balance

[13:01] {geo} its almost like the black box algos deided in RIMM that Q didnt rise so move on

[13:03] {geo} pullback vad?

[13:03] {Threei}  ?

[13:03] {geo} rinn

[13:03] {geo} mm

[13:04] {Threei}  nah

[13:04] {Threei}  gotta let it digest something

[13:04] {Threei}  no rythm

[13:04] {Larisa1} what rythm if you kick it all the time..

[13:05] {Threei}  AAPL

[13:05] {Threei}  DOCTOR FROM MAYO CLINIC SPECULATES THAT CANCER MAY HAVE RETYURNED - SILICON VALLEY INSIDER

[13:06] {Threei}  sorry Larisa, I can't help it

[13:06] {Threei}  I like kicking things

[13:06] {Threei}  can you believe this bs?

[13:06] {dino} pru stopped -.33

[13:07] {Threei}  unnamed doctor "speculates" - AAPL and market with it drop like crazy

[13:07] {Threei}  no one een know whether this doctor saw Jobs

[13:07] {Threei}  maybe he is just sitting on the porch, speculating about this and that

[13:08] {geo} hey vad you wanna know trivia?

[13:08] {Threei}  is she pretty?

[13:08] {geo} sheesh

[13:08] {KSystems} sigh

[13:09] {geo} his dad is asyrian arab

[13:09] {geo} syrian

[13:09] {peterg} symmetric:asymmetric. Syrian: asyrian

[13:10] {geo} dad just gave him up for adoption and went back

[13:10] {geo} very barackish

[13:11] * geo was a triavia champion in high school

[13:11] {geo} trivia too

[13:12] {Threei}  if I were smarter I'd buy GERN under 5 and hold it all day

[13:12] {geo} you still in?

[13:12] {magoo} if i were more patient

[13:12] {Threei}  no

[13:13] {Threei}  still think this thing has a lot more upside

[13:13] {Threei}  but tough to get into its manner of moving

[13:13] {geo} wow more tha 25% up

[13:13] {geo} less than a month

[13:14] {Chaeron} Hi all... just checking in :)

[13:14] {geo} hiya chaer

[13:15] {Larisa1} hi Chaeron :)

[13:15] {Chaeron} Hi Geo! Laris :)

[13:15] {Threei}  DOCTOR FROM MAYO CLINIC SPECULATES THAT CANCER MAY HAVE RETURNED - SILICON ALLEY INSIDER

[13:15] {Threei}  - Article notes" most likely scenario, based on Steve's history and his description of his condition, is that his cancer has returned. If so, this news is not necessarily devastating, and the treatment could still be "simple and straightforward," as Steve suggested. "

[13:15] {Threei}  - "If a patient came to me with [Jobs’s] history, the two big questions that would come to mind are: 1) is this a [recurrent] tumor, and 2) was there sufficient pancreas removed with the original surgery that he’s gradually lost his ability to digest and absorb food,"

[13:15] {Threei}  - "The third option, when you take out the pancreas and see weight loss like this, is that it’s diabetes,"

[13:15] {Threei}  chaeron :)

[13:16] {dino} pru big old rinse

[13:16] {Threei}  so, this doctor is not seeing Jobs

[13:16] {Threei}  and it maybe diabetes

[13:17] {Threei}  and there are three options

[13:17] {Threei}  and it's not neccesary devastating

[13:17] {magoo} doesnt jobs need to tell the truth? as in he already said what it was

[13:18] {Threei}  whatever... I don't want to trade this story on any side

[13:18] {Threei}  geo, you are familiar with mirc, right?

[13:18] {geo} not too much

[13:18] {geo} ?

[13:19] {dino} magoo, when do the ceo's tell the truth

[13:19] {Threei}  just thinking, if there is a way to make my comments echo in #floor

[13:19] {Threei}  so they would be there distilled, without room noise

[13:19] {dino} think all of the banks that said they did not need capital

[13:19] {geo} Ksystems?

[13:19] {Threei}  or GM saying they don't conmtemplate bankruptsy

[13:19] {KSystems} :)

[13:20] {KSystems} not out-of-the-box

[13:20] {dino} rimm sm s .42

[13:20] {KSystems} but its a good point, I can build you something that does vad

[13:20] {dino} stop .76

[13:20] {geo} what i do is i have a sound for vad 

[13:20] {Threei}  ty... nothing urgent

[13:20] {geo} and i ignore the others 

[13:20] {KSystems} lol

[13:20] {geo} respectfully of course

[13:22] {dino} but of course

[13:22] {geo} problem is if i =dont get others i loose context of trade sometimes

[14:01] {Threei}  GERN...

[14:01] {peterg} dumpd

[14:01] {Threei}  sigh

[14:01] {dino} geo, ignore me don't boot me out

[14:01] {Threei}  geo has serious ignoring power

[14:01] {peterg} lets see who notices they are gone

[14:01] {Threei}  lol

[14:01] {geo} hehe

[14:01] {dino} rimm stopped -.37

[14:01] {magoo} bumped out

[14:01] {Threei}  geo did that mags

[14:01] {magoo} ty geo

[14:01] {dino} rate sm l .85

[14:01] {magoo} rimm animal

[14:01] {magoo} aapl losing it

[14:01] {peterg} tell me about it

[14:01] {peterg} made some, then lost some more

[14:01] {peterg} rrrr

[14:01] {peterg} sniff

[14:01] {magoo} very rumor sensitive

[14:01] {Threei} Long Setup:  TM  .40 break small shares

[14:01] {Threei}  stop under .20

[14:01] {wishbone} anyone there?

[14:01] {geo} got kicked out hard

[14:01] {KSystems} wooohoooo

[14:01] {wishbone} hello?

[14:01] {wishbone} man, what was that?

[14:01] {magoo} me too..out awhile

[14:01] {wishbone} it was like disconnected techno robot....:)

[14:01] {Threei}  sigh

[14:21] {Threei}  anyway... you can't say I don't make you money while disconnected

[14:21] {Threei}  TM worked like charm

[14:21] {Threei}  over 1:2

[14:22] {Threei}  GAZP.RU: CEO: IT IS BECOMING POINTLESS TO SEND ANY GAS VIA THE UKRAINE

[14:22] {Threei}  - Reiterates claims that Ukraine is siphoning off gas meant for European customers.

[14:24] {Threei}  wow PLD

[14:24] {Larisa1} downgrade worked nicely for it :)

[14:24] {Threei}  yeah... case of "consider the source", lol

[14:24] {Larisa1} lol

[14:25] {Threei}  non-existing broker downgrades someone?

[14:25] {Threei}  buy the heck out of it

[14:27] {Threei}  anyone traded TM anyway?

[14:27] {KSystems} yes :)

[14:27] {Threei}  :)

[14:29] {Threei}  PLD

[14:29] {Threei}  half lot long .30

[14:29] {Threei}  if stays above .20

[14:30] {magoo} in

[14:32] {magoo} never recall bidu & goog so diverged

[14:32] {magoo} bidu should catch up

[14:33] {Threei}  dunno mags... could be reflecting country risk

[14:33] {dino} anything can happen

[14:33] {Threei}  no worky PLD

[14:34] {magoo} out pld - dime

[14:36] {Threei}  lol

[14:36] {Threei}  shakoeout

[14:37] {magoo} out BIDU + point

[14:37] {magoo} from my mention

[14:38] {Threei}  look at PLD

[14:38] {Threei}  or better don't

[14:39] {KSystems} Vad :) say something

[14:39] {Threei}  something

[14:40] {Larisa1} test if it filers me

[14:40] {Threei} Long Setup:  SOMETHING  at any price

[14:40] {Threei}  it works

[14:40] {Larisa1} KS, i love you

[14:40] {Threei}  everyone sees #floor?

06[14:40] * KSystems is melting away

[14:40] {Larisa1} vad too of course :)

[14:40] {magoo} where??

[14:40] {Larisa1} thanks guys

[14:41] {Threei}  that's OK larisa, I am comfortable with being unloved

[14:41] {Larisa1} lol

[14:41] {Threei}  thank you KS

[14:41] {KSystems} very welcome

[14:48] {magoo} we are rockin

[14:50] {dino} rate stop to .29

[14:51] {dino} tighten it

[14:51] {dino} out .35, +.50

[14:52] {Onix} beautifully done!

[14:52] {Threei}  very

[14:53] {Threei}  OK guys, realize limitations of #floor echo please

[14:53] {Threei}  if you want to track my call, it's fine

[14:53] {Threei}  scrolling with no surrounding noise for instance

[14:54] {Threei}  but when I answer someone's question on some stock, you may not get a context

[14:54] {Threei}  I will try to mention symbols when I answer, to keep it as uniform as possible

[14:56] {Geo} nice K

[14:56] {Geo} great job

[14:56] {dino} celg sm l .01

[15:00] {Threei}  ok... let me get a smoke and see if we get some esy scalp for the last hour

[15:01] {KSystems} thanks geo

[15:04] {Threei}  btw hawk, how do you like laser so far?

[15:05] {hawkfan4} i like it, just getting used to it a bit, but it really is incredibly fast

[15:05] {Threei}  told ya :)

[15:06] {hawkfan4} :), yeah, i'm impressed

[15:06] {Threei}  light years ahead of anything I traded with

[15:07] {Threei}  and I started with direct access when most still used datek etc

[15:07] {Threei}  most fond memories I have though are those of Castle... when they implemented NITE garanteed executions

[15:08] {Threei}  gosh, we robbed poor NITE blind

[15:08] {Threei}  Larisa must remember :)

[15:08] {Larisa1} i do :)

[15:08] {hawkfan4} :)

[15:08] {Threei}  on a quiet afternoon when we are bored, remind me... I'll tell the story

[15:12] {Threei}  one more leg down, and playable bounce should be in cards

[15:12] {Threei}  if this is the bounce I prefer to miss it, a bit too iffy

[15:13] {Threei}  want to see Qs near .30 or just under

[15:18] {magoo} .

[15:19] {Threei}  getting close

[15:20] {magoo} looks like .25 

[15:20] {magoo} aapl low

[15:21] {dino}  celg stopped

[15:22] {Threei}  in

[15:22] {Threei}  stop under .25

[15:22] {magoo} where? .31 here

[15:23] {Threei}  .30

[15:23] {magoo} dl?

[15:23] {Geo} sigh... now the vad highlight sound plays twice

[15:23] {Threei}  lol

[15:24] {Threei} Long Setup:  PLD  half lot 16.02

[15:24] {Threei}  stop under 15.95

[15:29] {Threei}  wow PLD... what a battle

[15:31] {magoo} we need dino 3:40 power up

[15:31] {magoo} in pld

[15:31] {magoo} 16

[15:31] {Threei}  half out .15

[15:32] {jmb} thanks pld

[15:32] {Threei}  :)

[15:32] {magoo} TY BOSS

[15:33] {Threei}  welcome guys

[15:33] {Larisa1} downgraded  from "king" ?

[15:34] {Threei}  out .23

[15:34] {Larisa1} nice call

[15:34] {Threei}  ty

[15:35] {Threei}  come on Qs, don't you know about dino

[15:35] {Threei}  s bounce?

[15:35] {Threei}  wow PLD... underestimated bounce a little

[15:36] {Threei}  MCGC?

[15:37] {Threei}  what happened there

[15:37] {Threei}  out Qs

[15:37] {Threei}  US REP FRANK: OBAMA AGREES WITH REGARDS TO CONDITIONS OF SECOND TARP RELEASE

[15:38] {Threei}  WFC

[15:38] {Threei}  MOODYS TRIMS RATINGS TO AA3 FROM AA1

[15:38] {Threei}  - Cites closing of acquisition of Wachovia and complete ratings review

[15:38] {Onix} stopped Q's but got some $$ in PLD ty Vad

[15:38] {Threei}  yup... that's the dance we are doing

[15:38] {Threei}  keeping small losses, getting nice wins

[15:39] {Threei}  7 cents stop on Qs vs over 20 cents win on PLD

[15:39] {Threei}  same with our earlier RIMM, AMZN etc plays

[15:39] {Onix} excellent ratio

[15:39] {dino} ok time to move up

[15:39] {Threei}  my guess is, if not for this WFC news, Qs would have worked too

[15:40] {Threei}  look at WFC

[15:42] {dino} there's 28 pts

[15:42] {dino} rate sm l .11

[15:44] {dino} strange day for an up day, lots of stocks down coulpe points

[15:45] {Threei}  yeah, breadth must be questionable

[15:45] {Threei}  who is observing those TICKs and TRINs

[15:45] {Threei}  enlighten us pls

[15:45] {magoo} breath 2:1 positive

[15:46] {Threei}  whose breath?

[15:47] {magoo} dinos

[15:49] {dino} there's 45

06[15:49] * magoo slaps laserdave1 around a bit with a large roll of cash

[15:51] {magoo} trading was jumpy today..players are nervous

[15:52] {patience} i'm thinking a really good pullback is waiting for us

[15:52] {Threei}  whatever... nice profitable day, that's all I care about :)

[15:53] {magoo} dcc quick vad

[16:00] {Larisa1} bye all :)

[16:02] {wishbone} great calls vad..good nite all

[16:02] {Threei}  thank you all

[16:02] {Threei}  have a good evening, see you tomorrow

[16:02] {magoo} nite everybody

[16:02] {hawkfan4} thx all

[16:02] {KSystems} good night!!