Jul 30 2009

Carbon copy of yesterday - couple nice wins, couple small stops. Profitable and excruciatingly boring. LVS and RIMM formed the bottom line.

Session Time: Thu Jul 30 00:00:00 2009

[08:13] {Threei} Preview: Initial Jobless Claims and Continuing Claims due out at 8:30amET

[08:13] {Threei} - Expectations for initial claims are 575K v prior release of 554K (range seen from 539K to 630K)

[08:13] {Threei} - Continuing claims seen at 6.300M v prior 6.225M. (range seen from 6.100M to 6.400M)

[08:14] {BillyD} GM Vad

[08:14] {Threei} morning billy

06[08:14] * Threei slaps laserdave around a bit with a large greeting card

[08:16] {Threei} ARTG Reports Q2 $0.06 v $0.04e (ex items), R$44.4M v $43.8Me (4.36, 0.00, 0.00%)

[08:17] {BillyD} laserdave see dcc

[08:17] {Threei} gapping right into resistance to break on daily

[08:24] {JohnK} gm folks

[08:24] {Threei} John :)

[08:24] {BillyD} johnk:)

[08:24] {nemo} haroo

[08:26] {Threei} nemo :)

[08:26] {nemo} 3i :)

[08:30] {Threei} *INITIAL JOBLESS CLAIMS: K V 575KE; CONTINUING CLAIMS: 6.197M V 6.300ME

[08:30] {Threei} Prior jobless claims revised from 554K to 559K

[08:31] {Threei} INITIAL JOBLESS CLAIMS: 584K V 575KE

[08:42] {Threei} LVS is on watch

[08:48] {Threei} .75 is forming as resiastance to break

[08:48] {Threei} yesterday's high too

[08:49] {BillyD} they have EPS AAAAAAAAAH today

[08:49] {BillyD} AH

[08:50] {Threei} that was very emotional AH

[08:50] {BillyD} lol

[08:50] {Threei} didn't know you felt so strongly about Las vegas

[08:50] {Threei} but I share it... I am a sucker for flashing lights

[08:52] {BillyD} FITB interesting

[08:52] {fernp} good morning everybody

[08:53] {Threei} fern :)

[09:01] {BillyD} NVAX is shortable today FYI

[09:07] {ese} god morning

[09:07] {Threei} ese :)

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

[09:07] {ese} although thats how i feel some mornings

[09:07] {cosmo} god is good

[09:08] {ese} and can be great some days

[09:08] {cosmo} vengeful on others...

[09:08] {ese} depending on how i;m doing in the market that day

[09:10] {ese} for instance today could be great....... i'm long mee at .41 and it's trading up on an up day

[09:11] {Threei} HIG on watch

[09:12] {Threei} temperature releif is promised over the weekend ese

[09:12] {Threei} with heat resumption on Monday

[09:12] {magoo} morning

[09:12] {Threei} magoo :)

[09:12] {larisa} gm :)

[09:12] {Threei} larisa :)

[09:12] {magoo} wat u watching? HIG for sure

[09:13] {Threei} LVS

[09:13] {Threei} FITB maybe

[09:13] {ese} thank god......being on the water and on that barge would be a killer

[09:13] {Threei} NVAX maybe

[09:14] {Threei} Vancouver had its hottest day ever yesterday

[09:14] {BillyD} Vad, MOThas a nice premkt chart and daily

[09:14] {BillyD} MOT

[09:14] {Threei} Seattle set record too

[09:14] {Threei} MOT is usually so narrow...

[09:15] {BillyD} ok, haven't really traded it

[09:15] {Threei} just look at ranges on daily

[09:15] {BillyD} ouch

[09:15] {BillyD} torture stock

[09:15] {Threei} it's over major resistance which could fuel some enthusiasm

[09:16] {Threei} but generally it's a swing trading stock, not day trading

[09:17] {dptl} good morning all

[09:17] {BillyD} hi dp

[09:17] {dino} gm all

[09:17] {Threei} dp, dino :)

[09:18] {ese} ddddddddddpppppppppp!!!!!!!! diiiiiiinoooooooooo!!!!!!

[09:20] {nemo} dino :

[09:20] {dino} :)

[09:20] {patel} good morning

[09:21] {Threei} patel :)

[09:24] {jfjf64} mornin alllllllll

[09:25] {Threei} jf :)

[09:27] {ese} TRMA.......hmmmmmm this looks good

[09:27] {ese} beats with a huge backlog

[09:29] {Threei} HIG nice pullback

[09:29] {Threei} let's see if we get opening range to break

[09:30] {Threei} Long Setup: LVS .80 break

[09:31] {magoo} in .80

[09:31] {Threei} stop under .70 for scalpers, .65 day traders

[09:32] {Threei} HIG too umpy

[09:32] {Threei} jumpy

[09:33] {ese} out mee .01 +.60

[09:34] {Threei} wtg

[09:34] {ese} tks.....i'm gonna bring should champagne over to your house randomly

[09:35] {Threei} lol

[09:35] {Threei} stop to under .70 for everyone LVS

[09:36] {Threei} FITB, pullback into 9.15 interesting

[09:37] {Threei} Long Setup: FITB .20 break if stays above .10

[09:41] {Threei} JAZZ again

[09:42] {Threei} and still no news

[09:43] {patel} got stopped on FITB

[09:43] {nemo} me too

[09:43] {Threei} hmm?

[09:43] {Threei} it never triggered

[09:43] {nemo} bought it when it looked like it was going to break .20

[09:43] {Threei} LVS 1:1

[09:43] {magoo} out .94 TY vad

[09:44] {JohnK} LVS great thx T :)

[09:44] {Threei} welcome

[09:44] {patel} i accidentally exited all instead of taking partials

[09:45] {Threei} held the stop with amazing precisaion

[09:45] {Threei} just 1 cent above it

[09:45] {Threei} 1:2 is coming

[09:47] {BillyD} I keep getting disconnected from Laser

[09:47] {BillyD} anyone else

[09:47] {magoo} others too

[09:48] {Threei} not me

[09:48] {magoo} ok me, but dave emailed

[09:49] {magoo} dave down now

[09:50] {Threei} 1:2 LVS

[09:50] {nemo} cat for short?

[09:50] {Threei} 1/4 more out, stop to .85

[09:50] {Threei} why? market is ramping up

[09:51] {ese} l mee .15

[09:51] {magoo} out fitb .26 TY vad

[09:52] {Threei} offering last portion LVS .25

[09:52] {BillyD} nice LVS VAD ty

[09:52] {Threei} welcome sir

[09:53] {_bradc} lvs very nice ty

[09:53] {Threei} :)

[09:53] {patel} nice job on LVS

[09:53] {patel} left so much on the table

[09:53] {Threei} direct hit

[09:53] {Threei} out +.44

[09:53] {ese} out mee .26 =}11

[09:54] {ese} +.11

[09:55] {Threei} HIG's irritating miss

[09:57] {wulff} crazy strong today

[09:57] {Threei} see this market doing what market does best:

[09:57] {JohnK} going for SPX 1000

[09:57] {Threei} going against expectations of majority

[09:57] {wulff} yup

[09:57] {Threei} everyone and their brothers says rally's over

[09:58] {Threei} market says, fat lady hasn't even dressed up for grand entrance yet

[09:58] {JohnK} maybe that's a clue :)

[09:58] {magoo} not magoo

[09:58] {magoo} yesterday i said R

[09:59] {jfjf64} amcs 32.00 l

[10:00] {jfjf64} amsc

[10:02] {wulff} +5.5 GS from yesterday

[10:02] {Threei} wow

[10:02] {magoo} that does it..............

[10:03] {Threei} oy

06[10:03] * magoo slaps wulff around a bit with a large trout

[10:03] {jfjf64} 1/2 half out

[10:03] {wulff} trailing stop was just hit

[10:04] {Threei} LVS big pullback

[10:04] {jfjf64} 1/4 out .41

[10:05] {Threei} Long Setup: LVS .05 break if stays above 11

[10:05] {jfjf64} last 1/4 stop at .45

[10:05] {Threei} wtg jf

[10:05] {jfjf64} stp at .65

[10:05] {Threei} most likely scalp only this time LVS

[10:05] {ese} wulff...BABY!!!!!!!!! nice!!!

[10:05] {jfjf64} stp .80

[10:06] {jfjf64} wow

[10:07] {jfjf64} stp 33

[10:07] {jfjf64} done

[10:08] {ese} l mee .33

[10:09] {ese} out mee .50 +.17

[10:10] {Threei} out LVS

[10:10] {Threei} WYNN starts retreat, don't want to stick around for formal 1 cent till 1:1

[10:14] {Threei} ENER Hearing renewed takeover chatter circulating (15.49, +0.52, 3.47%)

[10:15] {Threei} rumors or not, but breaK of .50 is lwegitimate play on ENER

[10:16] {Threei} if stays above .40

[10:17] {nemo} frickin lvs

[10:18] {magoo} out lvs .19 ty vad

[10:18] {Threei} lol mags... I don't know how you play them but the way you do has little with mine

[10:18] {Threei} little to do

[10:18] {BillyD} it's the trade idea

[10:18] {Threei} yeah, I understand

[10:19] {Threei} a lot of ways to skin a mollusk

[10:19] {magoo} i dont:)

[10:19] {BillyD} lol

[10:19] {Threei} lol

[10:19] {_matt} is that a call on ener?

[10:19] {nemo} yep

[10:19] {Threei} define call... :)

[10:19] {nemo} be nice Vad

[10:20] {Threei} what??

[10:20] {Threei} since when is it something I am expected to be?

[10:21] {nemo} ener looking more like a short

[10:21] {Threei} if it invalidates, sure

[10:22] {larisa} where do you see long or short? it is dead on low vol :)

[10:22] {magoo} rread RIMM vad?

[10:22] {Threei} there... third way to look at it :)

[10:23] {Threei} RIMM is obvious setup...

[10:23] {Threei} .80 break long

[10:25] {_matt} stop?

[10:25] {Threei} [10:16] {Threei} if stays above .40

[10:25] {Threei} or you mean RIMM?

[10:25] {_matt} on rimm

[10:25] {Threei} oh, lol

[10:25] {Threei} .60 is invalidation

[10:26] {ese} vad when your right your really right.....like you said the other day.....the market and only the market will decide when this rally is over......

[10:26] {Threei} yeah, too many predictors

[10:26] {JohnK} we are the market

[10:27] {Threei} everyione is a prophet

[10:27] {Threei} let me be one of not many who says:

[10:27] {Threei} I have no idea when this rally ends

[10:27] {Threei} I will trade what I see, day by day

[10:27] {jfjf64} boy oh boy amsc

[10:28] {ese} naz basically has another 150 pts to go....the way i see it technicaly

[10:28] {ese} but who knows

[10:28] {Threei} all those predictions and prophets... they throw their forecasts out there, and if something works they tout it

[10:29] {Threei} if it doesn't, they conviniently forget all about it

[10:30] {jfjf64} took 1.00 out of it guess sd be happy

[10:31] {Threei} u sd

[10:31] {Threei} u sd lso consdr my sgston to tpe fll wrds

[10:32] {Threei} hmm... mybe nt

[10:32] {Threei} ts fn

[10:32] {dptl} lol

[10:32] {ese} lol

[10:33] {ese} i can barely understand english as it is.....and i speak the damn language

[10:33] {JohnK} stupid ENER - took out my stop and now it's up

[10:33] {Threei} yeah, rude

[10:34] {Threei} larisa was right

[10:34] {JohnK} rude

[10:34] {nemo} about what?

[10:34] {Threei} when will learn to listen to a smart woman

[10:35] {jfjf64} amsc l 35..68

[10:35] {Threei} RIMM almost 1:1

[10:36] {Threei} out 2/3

[10:36] {Threei} stop to under b/e

[10:36] {Threei} offering the balance .20

[10:36] {wulff} had a hard stop for HGSI at .50, close one

[10:37] {JohnK} I thought that .6 had invalidated that RIMM call

[10:37] {jfjf64} 1/2 out half

[10:37] {Threei} 1 cent under on a sharp spike down?

[10:37] {Threei} not something to impact such volatile one as RIMM

[10:38] {JohnK} it went down to .54

[10:38] {Threei} 10:25, .59 low...?

[10:39] {Threei} out +.40

[10:39] {jfjf64} nice vad

[10:39] {magoo} out .17 DL

[10:39] {magoo} ty vad

[10:39] {Threei} welcome

[10:39] {wulff} hate buying those kind of obvious breaks now

[10:39] {Threei} John... where do you see .54?

[10:39] {jfjf64} all out amsc

[10:39] {magoo} +.37

[10:40] {JohnK} sorry that was at 10:17 or so - later it hit .59 as you said

[10:40] {jfjf64} +21 +19

[10:40] {Threei} oh yes, that was before the setup

[10:40] {JohnK} unfortunately, I stopped looking at it

[10:40] {Threei} doesn't count :)

[10:41] {JohnK} still learning

[10:41] {Threei} AKAM...

[10:41] {Threei} maybe recovery time

[10:42] {magoo} soon vad..been watching it

[10:42] {Threei} Long Setup: AKAM .30 if holding above .20

[10:43] {magoo} u watching HIGmiester?

[10:43] {Threei} for a bit longer hold, above .15

[10:43] {Threei} HIG, no, not really

[10:43] {magoo} well..get on it lol

[10:43] {Threei} yes sir

[10:43] {Threei} sorry sir

[10:44] {magoo} going to prinyt 18 today imo

[10:44] {Threei} right on it sir

[10:44] {magoo} awesome exit call RIMM boss..woth the monthly $

[10:44] {Threei} 18?? HIG??

[10:44] {magoo} yea

[10:45] {fernp} in AKAM

[10:45] {nemo} me too

[10:45] {Threei} GSM IPO opens for trading at $7.00 (7.12, 0.00, 0.00%)

[10:45] {Threei} Globe Specialty Metals

[10:47] {wulff} so much for oil falling

[10:48] {wulff} USO

[10:50] {nemo} stopped akam

[10:52] {jfjf64} amsc l .42

[10:53] {nemo} frickin akam

[10:54] {jfjf64} no go this time

[11:00] {patel} this AKAM is jumpy

[11:00] {patel} i waited for the longer hold on it

[11:00] {wulff} there once was a man named Obama...

[11:00] {patel} any read on it

[11:01] {Threei} the same

[11:01] {Threei} nothing really changed

[11:01] {Threei} hasn't hit a stop, hasn't reached 1:1

[11:01] {patel} yup

[11:01] {Threei} offering half at .45

[11:02] {fernp} I reloaded in .22 nice plbk with low volume

[11:03] {BillyD} nice fern

[11:06] {patel} threei give it a kick

[11:07] {Threei} I can't

[11:07] {Threei} I am trying on kinder gentlier myself today

[11:07] {patel} lol

[11:23] {cosmo} FLEX hod fwiw

[11:25] {ese} i pay attention

[11:26] {dptl} got to go....see ya guys on monday......have a great weekend :)

[11:27] {Threei} take care dp

[11:27] {fernp} bye dp have a nice weekend

[11:31] {magoo} OCR CRUSHED

[11:40] {Threei} I need a foam at my deck... lest I hit it with my chin

[11:40] {Threei} or forehead

[11:40] {patel} i know

[11:40] {patel} this AKAM is drying me insane

[11:41] {Threei} but it's not the worst actually... worst boredom is when you are trying to hit your forehead with your chin

[11:41] {patel} lol

[11:41] {Threei} or slap your nose with your ear

[11:47] {ese} now thats funny

[11:48] {Threei} US Rep Frank reportedly working on bill to subject Municipal bond issuers to more oversight (related MUNIS )

[11:54] {patel} come on AKAM

[11:54] {Threei} sigh

[11:57] {Threei} I guess we should have exited into last spike instead of being stubborn

[12:00] {ese} precarious.....alot of my daily charts are looking like topping hammers(in candlestick terms).....taking arun up and then finishing at the open or slightly above or below...hmmmmmm

[12:05] {magoo} rimm bounce vad?

[12:06] {Threei} no read here

[12:13] {nemo} still in akam vad?

[12:13] {Threei} yeah...

[12:13] {patel} same here

[12:17] {nemo} what stocks you looking at ese?

[12:22] {nemo} awake or in coma vad?

[12:22] {Threei} you know... lately it becomes hard to tewll the difference

[12:22] {nemo} whoa akamai woke up

[12:25] {patel} nemo put it on steroids for me

[12:28] {ese} zzzzzzzzzzzzzzzz gazort......skiffjit.....ganklke..........ahemmm...zzzzzzzzzzzzzzzzzzzzzz

06[12:28] * nemo tickles ese's nose with a feather

[12:28] {ese} snifff snifff.....zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

06[12:29] * nemo puts ese's hand in a bucket of warm water

[12:29] {ese} ese....quickly runs to washroom.....be back in a minute

06[12:29] * nemo snickers

[12:30] {ese} ese....realises he's been had again..........rats......i'll get even

[12:30] {Threei} you guys scare the living daylight out of me

[12:30] {ese} we .....

[12:31] {ese} we.....

[12:31] {ese} are

[12:31] {ese} a.....

[12:31] {nemo} huh? pot calling the kettle black there Vad...

[12:31] {ese} product....of your environment

[12:31] {Threei} exactly

[12:31] {nemo} speld it rong

[12:31] {Threei} I am getting opportunity to see it clearly, lol

[12:31] {nemo} Rimm vad?

[12:32] {Threei} formed .50 - .62 range

[12:32] {ese} and loving it by the way......it's fun being on this board even if i wasn't trading

[12:33] {ese} although.....??????

[12:33] {ese} the money is nice too

[12:35] {ese} L mee .23

[12:35] {ese} lets hope this qqqq is change of dierction for the day

[12:36] {ese} dierction?????

[12:36] {Threei} both

[12:36] {nemo} threeish

[12:37] {ese} indeed

[12:42] {nemo} brcm Vad

[12:43] {ese} l mee again avg price .27

[12:44] {Threei} if you went for RIMM, 1:1 was reached

[12:44] {_matt} genz read?

[12:44] {Threei} if not... why do yuo ask me about BRCM, to have another comment to ignore? {G}

[12:45] {Threei} GENZ is rather short

[12:45] {Threei} with stop above 56.10

[12:45] {Threei} but it's like 51/49

[12:46] {Threei} anyway, BRCM is rather no play at all

[12:46] {_matt} I was thinking 56.10 break

[12:46] {_matt} with 55.99 stop

[12:46] {Threei} which would be an invalidation of that short, thus legitimate long

[12:50] {patel} AKAM is like a rollercoaster

[12:50] {Threei} only very small one

[12:50] {patel} yup

[12:51] {Threei} like you go through its swings with your eyes only, not with whole body, lol

[12:52] {nemo} so, the spins when you're really drunk?

[12:52] {_matt} is akam one that you are familar with?

[12:53] {nemo} yep

[12:54] {Threei} we uaed to play it now and then if that's wat you mean

[12:55] {patel} good thing is we might get through the lunchtime slowdown

[12:55] {_matt} yes

[12:55] {patel} threei, what has your experience beenw hen a stock like AKAM is acting this way. Does it work out good for you in the end?

[12:55] {Threei} Preview: Treasury's $28B 7-year note auction results due out just after 1pmET

[12:55] {Threei} - $28B is a $1B increase from the June auction

[12:55] {Threei} - prior bid-to-cover was 2.82 pushing the average of the first 5 auctions since the Feb $22B relaunch up to 2.40

[12:55] {Threei} - indirect bidders took 67.2% of competitive bids at last auction, while 13.2% was alloted at the high

[12:55] {Threei} - the When Issued currently yields 3 basis points above the cash maket at 3.38%

[12:56] {Threei} I don't think you can generalize it like this

[12:56] {Threei} some work, some don't

[12:56] {nemo} put tbt and tlt on your screens :)

[12:57] {Threei} you can get stopped and think why didn't I dump it when it stalled for so long

[12:57] {Threei} or you may dump it and then watch it rocketing and think why did I ever sell it, it never tagged my stop

[12:58] {Threei} attempts to outguess the market and avoid all undesirable outcomes are akin to attempts to trade with no losses

[12:58] {Threei} which is is a pipe dream

[12:59] {Threei} AAPL Reportedly researchers have found a security vulnerability in Apple iPhone that allows hacker to take over the handset by sending an SMS message to the phone

[12:59] {Threei} oh good

[12:59] {jfjf64} l jpm .72

[12:59] {Threei} if I stick to electornic cigarette, will I ever see a day when hackers take it over?

[13:01] {nemo} they must have liked the auction, tbt just tanked

[13:01] {Threei} TREASURY'S $28B 7-YEAR NOTE AUCTION BID-TO-COVER RATIO: 2.63 V 2.82 PRIOR AND 2.40 OVER THE LAST FIVE

[13:02] {jfjf64} 1/1 out

[13:02] {Threei} indirect bidders take 62.5% of competitive bids

[13:02] {Threei} notes draw 3.369% with 91.7% alotted at the high

[13:03] {Threei} Wynn Resorts LTD CEO: More afraid of Washington than the economic situation; Encore Macau is on schedule and on budget - conf call

[13:03] {Threei} - Cost savings began to have an impact in Q2; not planning any more payroll cuts; cost cuts in Las Vegas saving approx $100M/year

[13:03] {Threei} - follow up: CEO comments that WYNN is bidding for a license in New York.

[13:03] {jfjf64} s jpm .82

[13:03] {Threei} More afraid of Washington than the economic situation - no kidding

[13:09] {_matt} thanks jfj64 out +.05 on jpm, do you follow this stock?

[13:10] {jfjf64} nope

[13:10] {jfjf64} just bored range play off bolli

[13:11] {Threei} GENZ worked on both sides, lol

[13:11] {jfjf64} tight stop

[13:11] {Threei} 1:1 on short, over 1:1 on long

[13:12] {_matt} :)

[13:12] {jfjf64} i sd of grabbed 5 cents on short still sittin with it

[13:13] {magoo} read hig vad

[13:13] {BillyD} you in magoo

[13:13] {magoo} no..flat here

[13:13] {magoo} watching hig..rimm..akam

[13:14] {Threei} couple moves between .90 and 17, and HIG will become interesting for a break

[13:16] {_matt} could that be a possible cup and handle forming on hig?

[13:18] {jfjf64} jpm is gonna explode

[13:19] {larisa} 39 res

[13:19] {jfjf64} just gut feelin

[13:20] {jfjf64} .90break long

[13:21] {Threei} HIG start looking like maybe

[13:21] {patel} is break of 17 a alert

[13:21] {Threei} yeah

[13:21] {jfjf64} got the look also somethin brewin

[13:21] {ese} Out MEE .53 +.27......outta here for the day all see you tomorrow......have a rehearsal for the symphony splash here in victoria to prep for...take care

[13:21] {patel} stop below .90

[13:22] {patel} nice job ESE

[13:22] {fernp} bye ese

[13:22] {ese} thanks P

[13:22] {dino} tbt crushed on auction

[13:22] {nemo} yeah, dropped right after it hit the tape

[13:23] {jfjf64} hig gettin there

[13:24] {jfjf64} in

[13:25] {jfjf64} aggresive entry for me see what happens

[13:25] {nemo} hope it isn't like my aggresive fitb entry this morning

[13:25] {jfjf64} stop 5 cents vad

[13:25] {jfjf64} me too nemo

[13:25] {Threei} 5 cents?

[13:26] {Threei} there is no support at .95

[13:26] {larisa} 16.90 tech support HIG

[13:26] {Threei} right

[13:26] {jfjf64} yup let me change that ty

[13:27] {nemo} akamai, what a tease

[13:27] {jfjf64} jpm invalid here

[13:27] {jfjf64} comon hig big push ya want it

[13:27] {nemo} c u tomorrow

[13:28] {larisa} bye ne

[13:28] {patel} bye nemo

[13:30] {jfjf64} here we goooooooooo

[13:31] {patel} magnet to 17

[13:32] {jfjf64} once it gets pass 17 she sd go

[13:32] {jfjf64} how long that gonna take dont knoww

[13:35] {_matt} is hig a call that you are going to trade?

[13:37] {Threei} I don't understand matt

[13:37] {Threei} you like - you take

[13:37] {Threei} what does it matter to you who else is going to do it?

[13:38] {magoo} sheesh..give new kid a break lol

[13:39] {Threei} did you get any?

[13:39] {magoo} now if that was nemo.well

[13:39] {Threei} and look how well you turned out, my son

[13:39] {magoo} whats it matter if i got any HIG?

[13:40] {_matt} trying to clarify if they are trades that you are calling or answering question like when I asked about genz

[13:40] {Threei} I get it... I just am not sure why it matters :)

[13:41] {Threei} ultimately, any trade decision comes to individual choice

[13:41] {Threei} either you like the trade, it fits in your prfoile so to speak,

[13:41] {Threei} your objectives, risk tolerance etc

[13:42] {Threei} type of the movement

[13:42] {Threei} or not

[13:42] {dino} the vad "disclaimer", :)

[13:42] {Threei} it matters not whether someone else goes for it or not

[13:42] {_matt} from your website i know you go over a certain thought process and am just learning

[13:42] {Threei} in trading there is no reward for being part of the group or being against the group

[13:43] {_matt} the tendancies of your trading style while developing my own

06[13:43] * magoo slaps laserdave around a bit with a large trout

[13:43] {Threei} yes.. but the thought process is the same whether stock came up on a scanner, or someone asked abotu it or I stumbled over it while surfing through usual suspects

[13:43] {Threei} all of that serves as just an initial point,

[13:43] {Threei} stock is being brought to attention

[13:44] {Threei} Then it's just a chart evaluation

[13:44] {Threei} all sources are equal except one:

[13:44] {_matt} and you normally do not trade when the market is sideways, so if this is a call then i can further understand how you trade

[13:44] {Threei} when magoo brings a stock to my atention I tend to lower my odds {G}

[13:45] {Threei} let's say, I am more picky

[13:45] {Threei} less aggressive

[13:45] {magoo} that does really does it...............

[13:45] {Threei} doesn't mean I don't trade at all

06[13:45] * magoo slaps Threei around a bit with a large trout

[13:46] {Threei} you could notice I decrease activity when morning rush is over

[13:47] {_matt} definitely, the reason why I am curious about hig is because the market strength and a possible formation of cup and handle because of that

[14:07] {jfjf64} s amex .46 trigger here

[14:22] {jfjf64} out amex even

[14:24] {jfjf64} vad tk read ggc anythin

[14:26] {jfjf64} crazy spread

[14:29] {Threei} shrug

[14:30] {jfjf64} what all in coma

[14:30] {Threei} GGC is certainly not the stock to make me come out of coma

[14:33] {Threei} AKAM... is it for real... or am I dreaming

[14:34] {jfjf64} go bk to sleep

[14:35] {Threei} ok... but I am out AKAM

[14:37] {jfjf64} im stalkin cof 31

[14:38] {jfjf64} in .99

[14:40] {jfjf64} 1/1

[14:40] {jfjf64} half out

[14:41] {BillyD} thx JF for scalp

[14:42] {jfjf64} all out

[14:42] {jfjf64} +10 +7

[14:42] {jfjf64} welcome bd

[14:44] {jfjf64} vadd hig 17 ya lk

[14:44] {Threei} no

[14:44] {Threei} it's tired

[14:45] {magoo} i have apptmrt..see u tomorrow TY

[14:45] {jfjf64} looks it

[14:45] {BillyD} wait

06[14:45] * BillyD slaps magoo around a bit with a large trout

[14:45] {Threei} lol

[14:45] {Threei} take care mags

[14:45] {BillyD} mags rubs off on me

[14:46] {Threei} I wish you wouldn't give me this image

[14:47] {BillyD} it was impulsive move....don't know what happen

[14:47] {BillyD} LVS keeps trudging along

[14:49] {magoo} :)

[14:49] {jfjf64} good night all

[14:50] {BillyD} cya jf

[14:52] {Threei} take care jf

[14:59] {Threei} BCRX got seriuosly hit today

[15:02] {Threei} US Treasury's Wolin: Reiterates bulk of stimulus to arrive within 6 months; US still has a long way to go before growth in the economy\

[15:05] {_matt} is the afternoon more exciting in the fall?

[15:06] {Threei} all trading is, not just afternoons

[15:06] {Threei} afer labor day activity picks up

[15:07] {Threei} LVS is back to high

[15:07] {BillyD} almost tokk .21

[15:07] {Threei} MGM too

[15:08] {BillyD} don't look at AKAM

[15:10] {patel} yes i defiintely wont

[15:10] {patel} they took me out at 16.14

[15:11] {Threei} I looked. It hurt.

[15:12] {Threei} as jf would say, sd hv listnd to u

[15:22] {Threei} LVS and MGM move independently of market

[15:23] {Threei} my guess was they followed WYNN, but no, not really

[15:29] {Threei} maybe bounce scalp worthy off .20

[15:34] {Threei} WYNN Wedbush Morgan Cuts WYNN to Hold from Buy (timing uncertain

[15:35] {Threei} shrug

[15:35] {Threei} killjoy

[15:35] {wulff} which .20

[15:36] {Threei} never mind that

[15:36] {Threei} thought of LVS

[15:37] {dino} taking off, back on the 10th. good luck all

[15:37] {BillyD} enjoy dino

[15:37] {larisa} have a great vaction :)

[15:37] {larisa} +1

[15:37] {Threei} have fun dino

[15:37] {larisa} +a

[15:37] {larisa} lol

[15:38] {dino} ty all

[15:38] {fernp} enjoy dino

[15:43] {larisa} do we have time to close negative for a day ? :)

[15:43] {Threei} of course

[15:43] {Threei} 17 minutes more

[15:44] {Threei} just 85 points to go

[15:44] {Threei} wow WYNN

[15:44] {_matt} negative from open

[15:53] {Threei} won't happen... closing in green

[15:54] {Threei} but finish is suspicious

[15:54] {wulff} yup

[15:54] {_matt} :O can you elaborate on suspicious

[15:55] {Threei} sharp drop into close, not really looking good for uptrend continuation

[15:55] {_matt} thank you

[15:56] {Threei} too early to judge but this is gfirst alarm bell

[15:59] {Threei} okay guys, let's call it a day

[15:59] {Threei} thank you all, have a good evening

[15:59] {Threei} see you tomorrow

[15:59] {_matt} good calls today

[16:00] {larisa} bye