[09:14] Lucefear: good morning!
[09:14] Hank_Rearden: hello
[09:14] Hank_Rearden: hows it going?
[09:14] WWJDjoe: Luce :)
[09:14] juch: hi Luce
[09:14] PL8z2win: SNRS active
[09:14] Alert-Info: 15 minutes to market open
[09:15] Lucefear: futures +19 currently
[09:15] Lucefear: will be quite a strong market open today
[09:15] sat: MINNEAPOLIS, Jan 14 (Reuters) - Restaurant chain Rainforest Cafe Inc. (NasdaqNM:RAIN - news) said on Thursday a public company made an unsolicited bid to buy it for $125 million in cash and stock.
[09:15] sat: In December 1999, Rainforest Cafe said it signed a $111 million merger agreement with casino operator Lakes Gaming Inc. (NasdaqNM:LACO - news) where each share of common stock held by Rainforest Cafe shareholders would be exchanged tax-free for 0.55 of a share of Lakes common stock.
[09:15] huhu: etek is 132
[09:15] Lucefear: good for shorts at the open imho
[09:16] PL8z2win: options expire today
[09:16] huhu: etek 132 isn't that up over 50
[09:16] PL8z2win: no ..correction...next week
[09:16] Alert-Info: DOW 11580.57 +0.00 NAS 3957.21 +107.19 TICK +50.00
[09:16] huhu: etek
[09:17] huhu: i'm confused , never mine
[09:17] Lucefear: SNRS gap 46.27% (757 trades since 8.30)
[09:17] Lucefear: see no gap in ETEK huhu
[09:17] hyperdan: future?
[09:18] PL8z2win: huhu..you might be thinking of ETEC
[09:18] Lucefear: futures +19
[09:18] hyperdan: thanks
[09:18] huhu: yes , sorry
[09:19] Lucefear: CLIC gap -9.99% (11 trades since 8.30)
[09:19] PL8z2win: BPUR nice gapper
[09:19] Lucefear: RSTI down gap, but not much activitiy premarket yet
[09:19] PL8z2win: SCII showing higher
[09:19] Alert-Info: 10 minutes to market open
[09:20] Lucefear: NETS gap 16.00% (42 trades since 8.30)
[09:20] Lucefear: HAUP gap 13.59% (18 trades since 8.30)
[09:21] Lucefear: ELON gap -9.00% (70 trades since 8.30)
[09:21] Lucefear: SNRS gap 47.83% (836 trades since 8.30)
[09:22] Lucefear: futures still +19
[09:23] Lucefear: UBET gap 27.13% (274 trades since 8.30)
[09:24] PL8z2win: HAUP..whats up? dangerous one...low float
[09:24] huhu: WMT"s ceo is steping down imediately, do you think that will cuse a sell off
[09:24] Alert-Info: 5 minutes to market open
[09:26] Lucefear: elk, what are your open short picks today?
[09:26] El-Kabonger: tivo athm elon nzro
[09:26] Chaplain: Good Morning
[09:26] Lucefear: thx
[09:26] juch: hi Chaplain
[09:27] WWJDjoe: after open shorts may be SNRS LCBM
[09:28] PL8z2win: hi chaplain
[09:29] Alert-Info: 1 minute to market open!
[09:30] Alert-Info: markets open, good luck!
[09:30] Alert-Info: NAS +88.51 dt
[09:31] Lucefear: market open will be very active
[09:31] Alert-Info: DOW 11632.23 +49.80 NAS 4045.72 +88.51 TICK +87.00
[09:31] El-Kabonger: short athm 43 9/16 added
[09:31] Lucefear: quotes may be deleayed, careful
[09:31] Alert-Info: DOW 11632.85 +50.42 NAS 4045.72 +88.51 TICK +113.00
[09:32] Alert-Info: NAS +90.91 ut
[09:33] El-Kabonger: TIVO should be a good short for couple of pts at least
[09:33] Lucefear: not available TIVO here
[09:33] WWJDjoe: can't get a fill on SNRS
[09:34] Alert-Info: TICK +239.00 ut
[09:34] Lucefear: SNRS great open short call elk
[09:35] Lucefear: quotes deleayed here
[09:36] El-Kabonger: tell me somebody got TIVO short!!
[09:36] Lucefear: is it available with MB elk?
[09:36] El-Kabonger: yes
[09:37] Alert-Info: NAS +88.62 dt
[09:37] Lucefear: shortslooking good elk ;)
[09:39] Lucefear: what a short beauty SNRS
[09:39] El-Kabonger: cover athm +1 and change :)
[09:39] WWJDjoe: nice El!
[09:39] Lucefear: shorting with a Nas +100 gap is a must.....
[09:40] El-Kabonger: a gift luce :)
[09:40] juch: wtg Elk
[09:40] Lucefear: nice ZOOX pb
[09:40] Alert-Info: TICK +424.00 ut
[09:40] WWJDjoe: cover SNRS 13 3/16 +2 3/8 paper--since I didn't get filled for real :(
[09:40] Lucefear: perfect trade elk!
[09:40] Lucefear: nice WWJDjoe!
[09:41] El-Kabonger: athm has more downside
[09:41] El-Kabonger: will short again on next bunce
[09:41] Alert-Info: NAS +92.21 ut
[09:41] El-Kabonger: bounce
[09:41] Jmd: hi everybody! :)
[09:41] El-Kabonger: if there is one LOL
[09:41] juch: hi Jmd
[09:42] Lucefear: watching ZOOX pace 34
[09:42] Alert-Info: Scalp Alert: A fast trade for a quick profit (long). Experienced traders only.
[09:42] Alert-Info: ZOOX Soes Tier Size: 200
[09:42] Lucefear: ops, soory
[09:42] Alert-Info: ZOOX quote: 45 3/16 44 13/16 X 44 7/8 SPR 1/16 V 186,900 CHG% -9.28
[09:42] Alert-Info: ZOOX pace: 24 35 45 27
[09:42] Alert-Info: NAS +95.22 ut
[09:42] Lucefear: IGNORE THAT!
[09:42] Lucefear: IGNORE THAT!
[09:42] Lucefear: wrong button
[09:43] Lucefear: ZOOX a little moster, fast
[09:43] El-Kabonger: oh man look at athm .i knew it! dang!
[09:43] Lucefear: lol elk
[09:44] rambler: whew
[09:44] Lucefear: ZOOX a red alert, but very fast
[09:44] Lucefear: Nas moving up more
[09:44] Lucefear: incredible
[09:45] Lucefear: ZOOX trying
[09:45] Lucefear: like ATHM soon for a bounce
[09:45] PL8z2win: zoox too fast for me
[09:45] El-Kabonger: nzro was a nice open short also .....anybody get some!?
[09:45] Alert-Info: NAS +101.52 ut
[09:46] Lucefear: NZRO pullback
[09:46] Alert-Info: DOW 11720.57 +138.14 NAS 4058.73 +101.52 TICK +370.00
[09:46] Lucefear: PCMS interesting
[09:46] Alert-Info: NAS +105.50 ut
[09:47] Lucefear: elk ATHM, what a short!
[09:47] Jmd: good morning Luce, I'm a bit under the weather these last two days.. have you called anything today?
[09:47] Alert-Info: TICK +249.00 dt
[09:47] Lucefear: no jmd
[09:47] Lucefear: like ATHM soon
[09:47] El-Kabonger: athm should see under 40 for sure lots of selling presure
[09:47] Alert-Info: NAS +107.79 ut
[09:48] El-Kabonger: would love 42 again to short
[09:48] Lucefear: hehe
[09:48] Hank_Rearden: pcms pb
[09:48] WWJDjoe: why El? buyout rumors from MSFT and T (60)?
[09:48] Lucefear: couldn't get fill with that pace
[09:48] El-Kabonger: rumor no good
[09:48] El-Kabonger: nice bounce athm
[09:49] WWJDjoe: thx
[09:49] Lucefear: dang, nice bounce ATHM
[09:49] Lucefear: anybody in ATHM off 40?
[09:50] Hank_Rearden: arba nice pb
[09:50] Lucefear: btw jmd, I'm lurking for PCMS
[09:50] El-Kabonger: dang! no short fill @13/16 athm
[09:50] Jmd: thanks
[09:51] Alert-Info: Alerts today: ZOOX
[09:53] Alert-Info: NAS +105.02 dt
[09:54] El-Kabonger: tivo short disapointing.....
[09:54] El-Kabonger: should fall when mkt sells off tho.......
[09:55] El-Kabonger: here we go sub 40 athm coming up.......lol
[09:56] Alert-Info: TICK +64.00 dt
[09:56] Lucefear: ATHM was good for +3 points open short
[09:56] El-Kabonger: rub it in luce ....lol
[09:57] Lucefear: ATHM was good for +3 points open short
[09:57] Lucefear: ATHM was good for +3 points open short
[09:57] Lucefear: hehe
[09:57] El-Kabonger: hehe
[09:57] Alert-Info: NAS +102.61 dt
[09:57] WWJDjoe: so was SNRS grrrrr
[09:57] Lucefear: PCMS tough to read
[09:57] El-Kabonger: snrs did its usual thing........that is why there were no borrows...
[09:57] Lucefear: some news out too
[09:57] Lucefear: a few blocks
[09:58] El-Kabonger: everybody and their mother was short snrs....
[09:58] Jolly: hi folks
[09:58] Alert-Info: NAS +98.36 dt
[09:58] WWJDjoe: and they were right!! hehe
[09:58] Jolly: having technical problems here
[09:58] juch: morning Jolly
[09:58] Jolly: no Realtick software running --: I am blind
[09:58] clintr: hi jolly
[09:58] Lucefear: hi Jolly
[09:58] Jolly: Hi everybody
[09:58] WWJDjoe: hi Jolly
[09:59] Hank_Rearden: call the chaplain.... need to heal him
[09:59] El-Kabonger: 40 held wwell ATHM..hummm...time to re-evaluate....
[09:59] Lucefear: hey jolly, ATHM was good for +3 points open short
[09:59] Lucefear: hehe
[09:59] Hank_Rearden: mchp nice pb
[09:59] El-Kabonger: lol
[09:59] Jolly: tell the market to wait for me
[09:59] WWJDjoe: lol
[09:59] Lucefear: GSTRF pullback
[09:59] Jolly: lol - did you get your 1k ATHM?
[09:59] Lucefear: GSTRF interesting
[09:59] Lucefear: no Jolly, but should have, lol
[09:59] Alert-Info: 10:00 AM
[10:00] Jolly: yep: should - I know that
[10:01] Lucefear: waiting for some selling in the markets now
[10:01] Alert-Info: DOW 11710.57 +128.14 NAS 4055.81 +98.60 TICK +72.00
[10:01] Lucefear: GSTRF bounce
[10:01] Jolly: yes waiting - great!
[10:02] Jolly: let me guess - ATHM bouncing
[10:02] Lucefear: there goes ATHM longB elk!
[10:02] Alert-Info: NAS +92.11 dt
[10:03] Lucefear: we both were right, first short then long
[10:04] Lucefear: GSTRF not moving much so far
[10:04] El-Kabonger: dang arca sucks no fill 7/16 athm
[10:04] El-Kabonger: short of course
[10:04] El-Kabonger: sat there for at least a min
[10:05] Alert-Info: TICK -123.00 dt
[10:05] Lucefear: ELOT lost 8
[10:05] El-Kabonger: hope all ELOT'ers sold !
[10:06] El-Kabonger: its doing its ELOT thing.......
[10:06] Lucefear: did it hit 80 before? lol
[10:06] El-Kabonger: typical ELOT pattern
[10:06] Lucefear: PCMS doing something here
[10:06] Alert-Info: NAS +95.92 ut
[10:07] El-Kabonger: short athm 41 13/32
[10:07] WWJDjoe: nice fill that time
[10:08] Lucefear: PCMS bounce
[10:09] Hank_Rearden: finnaly
[10:09] Lucefear: yes
[10:09] Alert-Info: NAS +93.57 dt
[10:10] Alert-Info: NAS +90.08 dt
[10:11] sat: XTEL !
[10:11] Lucefear: CNRS pullback
[10:12] El-Kabonger: cover 41 1/16 +3/8 ish
[10:12] Lucefear: nice again elk!
[10:12] Lazlo1: To anyone using quote.com: How can I get yesterday's data on a 1 min chart? Mine only scrolls back to today's open. I need to argue an execution yesterday am.
[10:12] sat: XTEL about to go higher target 7
[10:13] El-Kabonger: don't say it now luce :( LOL
[10:13] WWJDjoe: hehe
[10:13] El-Kabonger: never fails lol
[10:13] Lucefear: ------- silent
[10:13] El-Kabonger: as soon as i cover down it goes
[10:13] El-Kabonger: LOL
[10:14] Lucefear: GSTRF off the 2nd bottom this time
[10:14] Alert-Info: NAS +95.54 ut
[10:15] Jmd: GSTRF a buy here Luce?
[10:15] Lucefear: PCMS moving again
[10:15] Lucefear: wouldn't chase here
[10:16] Alert-Info: TICK +58.00 ut
[10:16] El-Kabonger: so i guess nobody got TIVO short ?....
[10:16] Alert-Info: Alerts today: ZOOX
[10:16] Alert-Info: DOW 11706.22 +123.79 NAS 4054.86 +97.65 TICK +35.00
[10:16] Alert-Info: NAS +99.69 ut
[10:16] Lucefear: GMGC active
[10:17] Lucefear: GMGC pace: 163 115 172 160
[10:17] Lucefear: pb (if any) might be interesting
[10:17] El-Kabonger: athm no direction at the moment .....stil lots of selling pressure tho.....
[10:17] El-Kabonger: scalps only at this time if anybody plays athm....
[10:18] clintr: i'm holding GMGC from yesterday @ 5 7/8 :)
[10:19] Lucefear: nice clintr
[10:19] Lucefear: NITE selling
[10:20] Alert-Info: TICK -159.00 dt
[10:20] El-Kabonger: nite interesting for bounce play
[10:20] El-Kabonger: who played nite for a gappa?....huhu?....
[10:20] Lucefear: hmm, PCMS was a good one. Creeping up slowly.
[10:21] clintr: out GMGC @ 7 3/16
[10:21] Jmd: NITE falling off the table...
[10:21] El-Kabonger: nice clintr! profit is good!
[10:21] El-Kabonger: faster the better for a bounce play Jmd :)
[10:22] Jmd: dunno if its ready yet... LUCE?
[10:22] clintr: profit is allways good :)
[10:22] Lucefear: hmm, can't say this pb GMGC may bw worth a trade long
[10:22] Lucefear: what jmd
[10:22] Jmd: boom! ... NITE.
[10:23] Jmd: was asking your opinion on the pb in NITE
[10:23] Alert-Info: TICK +20.00 ut
[10:23] El-Kabonger: hey jmd you distraced me from that nite bounce!
[10:23] El-Kabonger: ;)
[10:23] Lucefear: after it has bounce I can say it was a good chance, lol
[10:23] Jmd: El=k did you see that?
[10:23] El-Kabonger: lol
[10:23] Jmd: lol
[10:23] Alert-Info: NAS +103.15 ut
[10:23] Lucefear: NITE good for quick scalps, yes
[10:23] Lucefear: but very quick
[10:24] El-Kabonger: HAUP news?
[10:24] Jmd: ok, delete trade before they fill me on the downside.
[10:24] El-Kabonger: definitely jmd
[10:24] El-Kabonger: that could be a killer
[10:24] Lucefear: RRRR moving up nice
[10:24] Alert-Info: NAS +107.29 ut
[10:25] Lucefear: No news in COMTEX elk
[10:25] Lucefear: ft ut
[10:25] El-Kabonger: oh well too late ...was thinking of short at 27 1/2......
[10:25] Alert-Info: NAS +111.02 ut
[10:26] El-Kabonger: news rrrr?
[10:26] Alert-Info: NAS +114.70 ut
[10:27] El-Kabonger: if no news rrrr looks toppy here
[10:27] Lucefear: yes
[10:27] El-Kabonger: 40 might be good with a 1/4 stop
[10:27] Alert-Info: NAS +118.82 ut
[10:28] juch: need to leave, see you guys next week
[10:28] Lucefear: bye juch!
[10:28] El-Kabonger: short rrrr 40
[10:28] El-Kabonger: later juch
[10:28] juch: good trading today and have a nice weekend :)
[10:28] WWJDjoe: bye juch :)
[10:29] juch: bye
[10:29] clintr: have a great weekend juch
[10:29] juch: thanks :)
[10:29] PL8z2win: bye juch
[10:29] El-Kabonger: cover rrrr -1/4 stop
[10:30] Jmd: bye juch... no trading Monday - is that correct?
[10:31] clintr: jmd, right
[10:31] El-Kabonger: fwiw,,,,,olb's had insider selling on cnbc......
[10:31] Lucefear: XYBR active
[10:31] Alert-Info: DOW 11713.51 +131.08 NAS 4074.04 +116.83 TICK -1.00
[10:31] Alert-Info: NAS +114.36 dt
[10:31] El-Kabonger: short rrrr 40 1/2
[10:32] Lucefear: INTC short scalp coming up imho
[10:32] Lucefear: missed MSFT already....
[10:32] El-Kabonger: yes luce 100 should be nice short opp
[10:33] Jmd: at 100 or over
[10:33] Lucefear: XYBR pace: 172 64 53 40
[10:33] El-Kabonger: 100 should be a barrier........
[10:33] El-Kabonger: cover rrrr 40 +1/2
[10:34] clintr: nice el
[10:34] El-Kabonger: wow rrrr...glad i covered...hehe
[10:34] El-Kabonger: yikes
[10:34] Lucefear: check CIEN elk
[10:34] snitz: nite selling off
[10:34] Alert-Info: NAS +109.75 dt
[10:35] El-Kabonger: cnbc had olb's insider selling into downtrend..fwiw....
[10:35] Lucefear: XYBR must be a short soon too
[10:35] El-Kabonger: cien looks interesting short side
[10:36] Lucefear: they always drop ;)
[10:36] Lucefear: and bounce
[10:36] El-Kabonger: hehe
[10:36] El-Kabonger: that is what we live for!!
[10:36] Jmd: yeah... but When? :)
[10:36] Lucefear: When? eh ehm
[10:36] Alert-Info: NAS +115.19 ut
[10:36] Lucefear: hehe
[10:36] El-Kabonger: we'll tell you after the trade Jmd :)
[10:37] Jmd: lol
[10:37] Lucefear: just short before it sells down, lol
[10:37] Lucefear: XYBR pace: 159 178 108 67
[10:37] Lucefear: NITE scalp chance
[10:38] Alert-Info: TICK +205.00 ut
[10:38] Lucefear: ft ut again, incredible
[10:38] Lucefear: no selling so far
[10:38] Alert-Info: NAS +119.99 ut
[10:38] Flynancie: Hey guys what have i missed isp problems again?
[10:39] Lucefear: yihhhaa X
[10:39] El-Kabonger: ouch out -1/16 cien short
[10:39] WWJDjoe: look at RRRR
[10:39] WWJDjoe: :(
[10:39] Lucefear: dang XYBR, insane
[10:39] Lucefear: try again elk!
[10:39] El-Kabonger: yeah joe 41 was nice
[10:40] Lucefear: RRRR nice short call
[10:40] WWJDjoe: distractions will kill you in this game
[10:40] El-Kabonger: rrrr making me sick
[10:40] Flynancie: rtec looking shortable?
[10:40] Alert-Info: NAS +123.52 ut
[10:41] Alert-Info: Alerts today: ZOOX
[10:42] Lucefear: AFCI pullback
[10:42] Lucefear: NITE bounce
[10:46] Alert-Info: TICK +30.00 dt
[10:46] clintr: back in GMGC @ 7 5/16
[10:46] Alert-Info: DOW 11717.70 +135.27 NAS 4078.64 +121.43 TICK +16.00
[10:47] El-Kabonger: always a day thing fly
[10:47] Flynancie: i have made good in the past shorting cien
[10:47] Flynancie: goptcha
[10:47] Flynancie: gotcha
[10:47] Lucefear1: back, disconnect
[10:47] Flynancie: cien worth buying puts?
[10:47] El-Kabonger: i alway end the day in cash......99% of the time....unless i can't resist a nice gappa or short....
[10:47] Alert-Info: TICK -143.00 dt
[10:48] Flynancie: i c
[10:48] Alert-Info: NAS +118.13 dt
[10:48] El-Kabonger: joe rrrr is getting me ill ..lol
[10:48] WWJDjoe: lol
[10:49] El-Kabonger: was a given rrrr...typical .great shorter stock...
[10:49] El-Kabonger: mm's play such a game on that one
[10:49] El-Kabonger: come to me cien
[10:49] Alert-Info: TICK +32.00 ut
[10:49] El-Kabonger: come to me cien
[10:50] Alert-Info: NAS +121.00 ut
[10:50] Lucefear1: guess shorting INTC wasn't agood idea
[10:50] Jmd: INTC not yet short amterial..? hmmm...
[10:50] Jmd: material
[10:50] El-Kabonger: wow
[10:50] El-Kabonger: did it even hesitate at 100?
[10:51] Lucefear1: not really
[10:51] El-Kabonger: yikes .so much for barriers on intc....
[10:51] Lucefear1: better trade MSFT both ways
[10:53] Alert-Info: NAS +123.81 ut
[10:54] Lucefear: Nas not coming down
[10:54] Jmd: I cant find anything.
[10:54] Lucefear: RRRR short was good for......
[10:55] Alert-Info: NAS +126.55 ut
[10:55] Lucefear: must short more in future
[10:55] El-Kabonger: stop that now luce
[10:55] El-Kabonger: don't anyone mention rrrr again!
[10:55] El-Kabonger: lol
[10:55] clintr: out GMGC 8 3/16 +7/8
[10:55] El-Kabonger: nice clintr
[10:56] Alert-Info: TICK -145.00 dt
[10:56] clintr: :)
[10:56] WWJDjoe: wtg clintr
[10:56] Jmd: nice clinter
[10:56] snitz: nice clintr
[10:57] Flynancie: el-k where did u short CIEN?
[10:58] Jmd: could have grabbed a buck on INTC.
[10:58] Jmd: dangerous.. hey Luce, its Gotta come down... no? ::
[10:58] Lucefear: no comments on INTC, unreadable
[10:59] El-Kabonger: 11/16
[10:59] El-Kabonger: going nowhere
[11:00] Alert-Info: NAS +128.81 ut
[11:00] clintr: I want to share this with you folks
[11:00] Alert-Info: 11:00 AM
[11:00] El-Kabonger: ur profits clintr?
[11:00] Lucefear: NITE moving up
[11:00] El-Kabonger: hehe
[11:00] fred911: mornin
[11:01] clintr: in the last 2 weeks i started trading a lot less and more selectively and as a result became much more consistent and profitable
[11:01] clintr: hi fred
[11:01] El-Kabonger: fred :)
[11:01] huhu: out of nite
[11:01] El-Kabonger: that is the name of the game clintr..you are on our way to a more profitable future.....
[11:01] fred911: ..
[11:01] Alert-Info: DOW 11725.46 +143.03 NAS 4088.14 +130.93 TICK -59.00
[11:02] Alert-Info: NAS +131.38 ut
[11:02] El-Kabonger: huhu did you take your profit on the gappa this morning?
[11:02] snitz: nice bounce gstrf
[11:02] fred911: what did ya play that gapped?
[11:02] huhu: what gappa
[11:02] El-Kabonger: nite
[11:03] El-Kabonger: was a great gappa this morning
[11:03] huhu: whats a gappa
[11:03] El-Kabonger: if you got out pre-mkt or at open....
[11:03] clintr: yes , i've been trading for almost a year, and this is the first time i had 10 days in a row in the +
[11:03] Lucefear: nice clintr!
[11:04] huhu: didn't play it this morning
[11:04] WWJDjoe: thx for sharing clintr. That
[11:04] clintr: and i trade 2-5 trades a day
[11:04] El-Kabonger: nice clintr!
[11:04] WWJDjoe: That's great for you and encouraging for us
[11:05] Alert-Info: NAS +127.94 dt
[11:05] El-Kabonger: gappa is when you by eod ....and sell the gap up next morning for profit...huhu
[11:05] huhu: got in at 41 1/8got out 41 5/8
[11:05] El-Kabonger: must have been someone else then....
[11:06] huhu: ok thanks no wasn't in i was was in elot last nite but sold for last night seeing no movement
[11:06] Lucefear: pb INTC
[11:06] fred911: I just reveived this mos trades.. traded 18 round trips.. all but 3 were in WS with /16 to /8 on 2k lots and 1 3/32 loss in xybr.. 2 $1 on small lots of gblx and eglo
[11:06] El-Kabonger: i mentioned eod yesterday that nite' a gappa candidate and that elot usually sells and is not a good gappa....
[11:06] Alert-Info: Alerts today: ZOOX
[11:06] fred911: all ws were +
[11:07] huhu: didn't see that
[11:07] fred911: not much trading for me this mo..
[11:08] El-Kabonger: quality...not quantity is the name of the game
[11:09] El-Kabonger: wait for the trade to come to you....there are tonds of them .....
[11:09] El-Kabonger: tons
[11:09] fred911: agreed.. I deviated from my plans beg of last mo.. lost some profit.. no more deviation from plans.. no more losses
[11:09] El-Kabonger: sometimes you miss a good trade ....but there is always another right around the corner
[11:10] El-Kabonger: just look at rrrr..which we missed....arrrrgg!!
[11:10] clintr: El totaly agree, took me a while to realize that
[11:10] El-Kabonger: it was all joe's fault!
[11:10] fred911: ordering WS 13/16
[11:10] El-Kabonger: hehe
[11:10] El-Kabonger: come to me cien
[11:10] El-Kabonger: come to me cien
[11:11] WWJDjoe: lol grrrrrrrrr
[11:11] Jmd: El-K, when you say 'wait for the trade to come to you' ... what do you mean? Can you elaborate on that.
[11:11] El-Kabonger: lol joe :)
[11:11] Jmd: I mean, if u want it to come down to you ... how do you know it wont keep on going?
[11:11] Jmd: down.
[11:11] Lucefear: trade only when the odds are in your favour, wait for the perfect trade
[11:11] Jmd: Ah, yes, Luce.
[11:12] Alert-Info: NAS +130.68 ut
[11:12] El-Kabonger: i just mean wait til the trade is high % then punce
[11:12] El-Kabonger: pounce
[11:12] Jmd: sometimes I watch and watch, and nothing looks good.
[11:12] El-Kabonger: like stalking a prey
[11:12] Lucefear: patience and discipline are the most important skills
[11:12] El-Kabonger: in that case Jmd ......its better not to......
[11:12] fred911: Market Wizards the original book... reading again.. again.. love it..
[11:12] Lucefear: yes fred, a great book
[11:13] El-Kabonger: no trade= no loss!!!!
[11:13] fred911: I haven't read New Market Wizards yet..
[11:13] Jmd: and I agree with clintr, massive quantity is when I usually go away with no profit... or a loss.
[11:13] fred911: I pick up the old one at a discount book sale for like $3.00
[11:13] PL8z2win: TRRA continues nicely
[11:13] Jmd: quantity of trades.
[11:14] El-Kabonger: just look at how my hero PL trades..he waits and waits then he enters a trade when it is high%....he could be waiting years....lol
[11:15] clintr: lol
[11:15] Jmd: ;:
[11:15] fred911: Pl8z agressive.. smart trader..
[11:15] El-Kabonger: pl is a great trader!
[11:15] Lucefear: elk means daytrader-years: 1 daytrader-year = 1 day
[11:16] El-Kabonger: oh ...yeah..i need to clearify that.sorry ;)
[11:16] Alert-Info: NAS +127.66 dt
[11:16] El-Kabonger: thanx luce ;)
[11:16] Lucefear: welcome
[11:16] Lucefear: hehe
[11:16] Flynancie: el-k i like your cien ss myself
[11:16] Alert-Info: DOW 11727.63 +145.20 NAS 4084.87 +127.66 TICK -127.00
[11:17] El-Kabonger: yeah nice and slow sell.....forming a nice slope...bunny slope at the moment
[11:17] clintr: cien
[11:17] El-Kabonger: hope it turns into a diamond slope then i will cover at the bottom
[11:18] clintr: dsregard, wrong keyboard again :(
[11:18] clintr: disregard
[11:18] PL8z2win: years? not... lol
[11:18] El-Kabonger: hehe
[11:18] El-Kabonger: daytrader years pl ;)
[11:20] PL8z2win: waited 10 days for DIGI to turn...so on day 11 it decides to gap open 9 pts.... sh**
[11:20] El-Kabonger: lol
[11:20] El-Kabonger: yikes
[11:21] El-Kabonger: now that is a kick in the ass
[11:21] Lucefear: PSFT pullback
[11:21] Lucefear: PSFT interesting
[11:21] Flynancie: elot short nice
[11:21] Jmd: watching PSFT with you Luce
[11:21] Flynancie: igoc short not in the profits
[11:22] Flynancie: not = now
[11:22] WWJDjoe: ELOT 8 and climbing
[11:22] El-Kabonger: news psft?
[11:22] Flynancie: i ss elot at 9 yesterday
[11:22] Lucefear: watching PSFT pace 48
[11:22] Alert-Info: Red Alert: Wait for a clear bottom before you go long.
[11:22] Alert-Info: If you don't get in at the bottom then don't chase!
[11:22] Alert-Info: PSFT Soes Tier Size: 1000
[11:22] Alert-Info: PSFT quote: 25 3/4 25 11/16 X 25 13/16 SPR 1/8 V 3,942,900 CHG% -2.83
[11:22] Alert-Info: PSFT pace: 35 65 48 48
[11:22] Flynancie: psft long is all i know
[11:22] fred911: filled 13/16 ws
[11:22] El-Kabonger: nice fly .elot short....