Alerts and chat log for 081401
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[08:56] Lucefear: good morning!
[08:57] jmp1: good morning Luce
[08:57] Alert-Info: DOW 10415.91 -0.34 NAS 1982.25 +25.78 TICKn -47.00 S&P; 1191.29 +1.13
[08:59] Pl8z2win: hi luce and all
[08:59] Lucefear: hi jmp, pl!
[08:59] Alert-Info: 09:00 AM
[08:59] Alert-Info: NAS VOL 5,165,200
[08:59] Alert-Info: NYSE VOL 846,169,600
[09:03] Lucefear: Nas pmi +11
[09:04] Lucefear: The main reason for the positive tone in U.S. equity futures is that the Bank of Japan surprisingly eased last night which sent Asian stocks much higher
[09:04] Lucefear: Nikkei closed almost 4% higher
[09:05] Lucefear: July retail sales just reported at unchanged vs consensus of -0.2%. Retail Sales ex-auto were +0.2% vs consensus +0.1%. However, June retail sales were revised lower.
[09:06] Lucefear: there is not much reason for a gap imo
[09:06] Lucefear: could be gap & trap
[09:06] Lucefear: $nas
[09:06] Alert-Info: NASDAQ 1982.25 25.78 08:57:56
[09:07] Pl8z2win: agree luce
[09:07] Lucefear: 08:53 ET Brocade Comms (BRCD) 34.93: CIBC World Markets previews tomorrow's earnings report; expects earning to post in-line with consensus due to continued healthy gross margins and tight expense controls; however, thinks earnings estimates and multiple may increasingly be at risk based on a continued lack of clarity into FY02 demand.
[09:09] Lucefear: 07:36 ET eBay (EBAY) 60.73: Company and America Online (AOL) announce 3-yr marketing alliance that expands eBay's promotion across America Online's brands
[09:09] Lucefear: $ebay
[09:09] Alert-Info: EBAY 61.2000 x 60.9000 Chg 0.8% Close (60.7300) V 12,400
[09:10] Lucefear: 07:31 ET BEA Systems (BEAS) 18.06: UBS Warburg previews this evening's earnings report. does not believe the current qtr is at risk and expects company to report basically in-line with estimates
[09:10] Lucefear: $beas
[09:10] Alert-Info: BEAS 18.8100 x 18.1600 Chg 4.2% Close (18.0600) V 150,500
[09:11] Lucefear: $brcd
[09:11] Alert-Info: BRCD 35.3500 x 35.3000 Chg 1.2% Close (34.9300) V 43,700
[09:12] apollo2k: Good morning folks!
[09:12] Lucefear: hi ap!
[09:12] Alert-Info: Reminder: Divorce your ego from the trade
[09:12] Alert-Info: DOW 10415.91 -0.34 NAS 1982.25 +25.78 TICKn -58.00 S&P; 1191.29 +1.13
[09:14] Lucefear: scalper list: QCOM QLGC BRCM CIEN BRCD KLAC
[09:14] Alert-Info: 15 minutes to market open
[09:15] apollo2k: is this gap big enuf for an upday?
[09:15] Lucefear: $gmst
[09:15] Alert-Info: GMST 38.6000 x 37.2600 Chg 4.1% Close (37.0900) V 13,200
[09:15] apollo2k: or see we gap and trap again
[09:15] apollo2k: probably the market is waiting for major earnings after hours
[09:15] apollo2k: so i guess we we will holding up
[09:16] Lucefear: $nvda
[09:16] Alert-Info: NVDA 87.6500 x 86 Chg -2.5% Close (88.1900) V 136,700
[09:17] Pl8z2win: remember...technically we now have overhead resist 1990-2000
[09:18] Pl8z2win: hit 1987 yest and fell back
[09:18] apollo2k: yep but we will open around 1995 area
[09:19] Pl8z2win: sooo...we may move up a little more but don
[09:19] apollo2k: hummm..........
[09:19] Pl8z2win: don't see any reason to push much thru 2000
[09:19] apollo2k: if we knew
[09:19] Alert-Info: 10 minutes to market open
[09:20] Lucefear: will watch NVDA for shorts, maybe ERTS too (lower vol)
[09:21] Lucefear: BEAS BRCD JNPR SEBL look bit stronger so far
[09:21] Lucefear: but no reall strong gaps around what I see
[09:23] Lucefear: Futures have edged higher thanks to surprising easing by Bank of Japan and higher than expected July Retail Sales
[09:24] Alert-Info: 5 minutes to market open
[09:25] Lucefear: BRCD QCOM could be nice scalpers today
[09:26] Lucefear: Pl8z2win, what you watchihg?
[09:27] apollo2k: earnings today AMAT, NVDA
[09:27] Lucefear: market had a stronger afternoon yesterday
[09:27] Alert-Info: DOW 10415.91 -0.34 NAS 1982.25 +25.78 TICKn -70.00 S&P; 1191.29 +1.13
[09:28] Lucefear: this open is some follow thru
[09:28] Lucefear: wonder if we can hold up tho
[09:28] Alert-Info: 1 minute to market open!
[09:29] Alert-Info: markets open, good luck!
[09:30] Alert-Info: TICKn +140.00 ut
[09:30] Alert-Info: NAS +8.58 dt
[09:30] Alert-Info: TICKn +15.00 dt
[09:31] Alert-Info: DOW +15.37 ut
[09:31] Lucefear: BRCD pb
[09:32] Lucefear: ERTS very big spread, careful
[09:32] Lucefear: I watch the open first a bit before I trade something
[09:32] apollo2k: ft ut goooo nas
[09:32] Alert-Info: TICKn +151.00 ut
[09:32] Lucefear: GMST bounces above 39
[09:33] Alert-Info: DOW +32.94 ut
[09:33] Lucefear: PSFT QCOM BEAS GMST looking stronger
[09:33] Alert-Info: NAS +13.89 ut
[09:33] apollo2k: ERTS yikes
[09:33] apollo2k: what a monster
[09:34] Lucefear: NCDA a shorty later, wait for bounces
[09:34] Lucefear: NVDA
[09:34] Lucefear: forget ERTS lol
[09:34] Lucefear: CIEN drops red
[09:34] Lucefear: maybe CIEN a shorty today again
[09:35] Lucefear: SP not moving higher
[09:35] Lucefear: time for some pullbacks now imo
[09:35] apollo2k: CIEN earnings tomm i guess
[09:35] Pl8z2win: thurs
[09:35] apollo2k: thx
[09:36] Lucefear: $ind
[09:36] Alert-Info: DOW 10451.68 +34.11 NAS 1993.99 +11.74 TICKn +162.00 S&P; 1195.33 +4.04
[09:36] Lucefear: ft pb
[09:36] Lucefear: CIEN geez
[09:36] Alert-Info: NAS +9.39 dt
[09:36] Lucefear: a tempting scalp long this drop
[09:37] apollo2k: BRCD as well
[09:37] Lucefear: SEBL too
[09:37] Lucefear: gap'n trap wee
[09:38] Lucefear: QCOM holding
[09:38] Alert-Info: TICKn +25.00 dt
[09:39] Lucefear: looking for BRCD long maybe
[09:39] Lucefear: but looking for mor Nas se,lling first
[09:39] apollo2k: quite a drop here BRCD
[09:39] Lucefear: QCOM BEAS GMST holding well so far
[09:39] Lucefear: ft dt
[09:39] Lucefear: SEBL humm
[09:40] Pl8z2win: 1986 some support
[09:41] apollo2k: VRSN strong
[09:41] Lucefear: trying BRCD quicky
[09:42] Lucefear: agin not much market momo at the open
[09:42] Lucefear: BRCD pretty jumpy
[09:42] Alert-Info: Reminder: Don’t believe that buying a familiar company will lead to profits
[09:43] Lucefear: SP ft bottoms since a while
[09:43] Lucefear: sloooow
[09:43] apollo2k: dang missed RFMD quicky
[09:43] apollo2k: SEBL bounce
[09:44] Lucefear: ft trying
[09:44] Lucefear: would like to take some GMST near 38 or bit lower
[09:44] Lucefear: QCOM tempting too, no selling there yet
[09:45] Lucefear: yes, VRSN nice
[09:45] Lucefear: QLGC red
[09:45] apollo2k: weak ft bounce here
[09:45] Lucefear: ft dt
[09:45] Alert-Info: NAS +4.73 dt
[09:45] Lucefear: out BRCD
[09:45] Lucefear: no bounce
[09:46] Lucefear: may re-enter
[09:46] apollo2k: QCOM pb
[09:46] Lucefear: BRCD trying now finally
[09:47] apollo2k: arghh F... RFMD nice bounce
[09:47] Pl8z2win: 9 pt rangeso far
[09:48] Lucefear: yeah, sad
[09:48] Lucefear: VRTS bounce
[09:49] apollo2k: BRCM probably a good scalper
[09:49] apollo2k: may take some near 45
[09:50] Lucefear: MXIM a shorty looks like
[09:50] apollo2k: BEAS nice today
[09:50] Alert-Info: DOW 10449.47 +33.56 NAS 1985.67 +3.42 TICKn +5.00 S&P; 1195.01 +3.72
[09:51] Pl8z2win: QLGC good pb
[09:51] Lucefear: Nas should bouznce here
[09:51] Lucefear: traing QCOM
[09:52] Lucefear: VRSN great mover
[09:52] Alert-Info: DOW +49.26 ut
[09:52] Lucefear: ft ut
[09:52] Lucefear: trying a few GMST
[09:53] Lucefear: VRSN geez, beauty
[09:53] Alert-Info: NAS +9.74 ut
[09:54] Lucefear: NVDA nice short humm
[09:54] Alert-Info: TICKn +180.00 ut
[09:55] Lucefear: Dow SP strong here
[09:56] Lucefear: out QCOM scalpy for bit lunch money
[09:56] Lucefear: Nas weaker here compared to SP
[09:56] Lucefear: tops should be nice short scalp opps
[09:57] Lucefear: BRCD weak
[09:57] Lucefear: Trin well below 1
[09:58] Lucefear: NVDA bounce
[09:58] Lucefear: ft holding here
[09:58] Lucefear: could go higher
[09:59] apollo2k: ONIS weak
[09:59] Alert-Info: 10:00 AM
[09:59] Alert-Info: NAS VOL 185,457,500
[09:59] Alert-Info: NYSE VOL 128,445,800
[10:01] Lucefear: ft pb
[10:01] Pl8z2win: my guess dbl top
[10:01] Lucefear: out GMST with a few bucks in the hand
[10:01] Lucefear: humm
[10:01] Lucefear: this morning isn't giving me much money so far
[10:02] Lucefear: yes Pl8z2win, lurking to short this market
[10:02] Lucefear: BRCM nice oscillations
[10:02] Lucefear: would like NVDA short near 87
[10:02] Lucefear: also scalp shorting MXIM pops
[10:02] Lucefear: CIEN looks weak too
[10:03] Lucefear: VRSN pb
[10:04] Lucefear: not going long here
[10:04] apollo2k: TQNT wowsa
[10:05] Lucefear: SEBL green again lol, could be nice short again
[10:05] Lucefear: ft stuck here, no move
[10:05] Alert-Info: DOW 10464.00 +48.09 NAS 1993.31 +11.06 TICKn +124.00 S&P; 1197.12 +5.83
[10:06] apollo2k: try some SEBL shorts here
[10:06] Lucefear: GMST dang :(
[10:06] Alert-Info: TICKn +31.00 dt
[10:07] Pl8z2win: HOMS nice recovery
[10:07] Lucefear: ft dt
[10:09] Alert-Info: DOW +33.42 dt
[10:10] Lucefear: CIEN was nice short
[10:10] Lucefear: missed it
[10:10] Lucefear: cover here
[10:10] Lucefear: Nas holds well now on SP pb humm
[10:10] Lucefear: tough to read this market today
[10:10] Alert-Info: TICKn +213.00 ut
[10:11] Pl8z2win: maybe sideways for a while
[10:11] Lucefear: PSFT hod
[10:11] Lucefear: tryin SEBL short, stop above 29
[10:12] Alert-Info: Trading mistake: Not cutting losses. Stop out!
[10:15] Lucefear: ft ut
[10:15] Alert-Info: TICKn +396.00 ut
[10:15] apollo2k: humm market holding up
[10:15] Lucefear: Nas much stronger here now thatn SP lol
[10:15] Lucefear: funny market
[10:15] Alert-Info: NAS +15.09 ut
[10:16] Lucefear: good ft ut here
[10:17] Lucefear: $vol
[10:17] Alert-Info: NAS VOL 260,635,900
[10:17] Alert-Info: NYSE VOL 187,781,000
[10:18] Lucefear: bounce short lived
[10:19] Alert-Info: TICKn +232.00 dt
[10:20] Alert-Info: DOW 10452.86 +36.95 NAS 1993.89 +11.64 TICKn +194.00 S&P; 1196.16 +4.87
[10:21] Lucefear: ft pb
[10:21] Lucefear: the longer this sad uptrend lasts the more I'm willing to short it
[10:22] Lucefear: shorters are MXIM NVDA SEBL BRCD CIEN
[10:23] Lucefear: BRCM a scalper both ways, long short
[10:25] Alert-Info: NAS +9.35 dt
[10:25] Alert-Info: TICKn +83.00 dt
[10:25] Lucefear: MXIM beauty
[10:26] Lucefear: ft drop
[10:26] Lucefear: game over for Nas
[10:27] Pl8z2win: watch that 1987 level
[10:27] apollo2k: cover SEBL +0.41
[10:27] Lucefear: nice ap!
[10:27] Alert-Info: DOW +15.36 dt
[10:29] apollo2k: BRCM scalp opp
[10:29] apollo2k: but market looks weak here
[10:29] Lucefear: long BRCM scalpy
[10:30] Lucefear: hello INCA my friend
[10:30] Lucefear: BRCD bottoms too
[10:33] Lucefear: long slow bottoms as usual
[10:35] Alert-Info: TICKn -47.00 dt
[10:35] Pl8z2win: iffy here
[10:35] Lucefear: very
[10:35] Alert-Info: DOW 10428.92 +13.01 NAS 1988.25 +6.00 TICKn -47.00 S&P; 1193.53 +2.24
[10:36] Lucefear: range trading again today?
[10:37] Lucefear: or do we fall
[10:37] Pl8z2win: not much upside potential imo
[10:38] Lucefear: appears not much potential either way !
[10:38] Lucefear: snoore
[10:38] Lucefear: --- looking forward to fall/winter..
[10:39] apollo2k: QCOM u poc
[10:40] Lucefear: ft dt
[10:40] Alert-Info: NAS +4.67 dt
[10:40] Lucefear: out BRCM
[10:40] Alert-Info: TICKn -173.00 dt
[10:40] Lucefear: whew, right in time
[10:41] Lucefear: -.07 lucky
[10:41] Alert-Info: DOW -0.69 dt
[10:41] Lucefear: sharp BRCM drop weee
[10:42] Lucefear: scalp opp
[10:42] apollo2k: these sharp drops are a pain when u are long
[10:42] Lucefear: cover my SEBL + .55
[10:42] Alert-Info: Reminder: Cut losses short. Let profits run.
[10:42] apollo2k: BRCD what a beauty short
[10:43] apollo2k: wtg luce
[10:44] Pl8z2win: VRTS gap trap
[10:46] Lucefear: VRSN could go higher later if Nas does
[10:46] Pl8z2win: y
[10:48] Lucefear: ft dt
[10:49] Alert-Info: NAS -0.05 dt
[10:49] Pl8z2win: next sup 1977
[10:50] Alert-Info: TICKn -334.00 dt
[10:50] Alert-Info: DOW 10401.72 -14.19 NAS 1978.84 -3.41 TICKn -360.00 S&P; 1190.06 -1.23
[10:51] Alert-Info: DOW -16.33 dt
[10:51] Lucefear: ft drop
[10:51] Lucefear: dang
[10:51] Alert-Info: NAS -4.61 dt
[10:51] Lucefear: wish I have more shorts!
[10:51] Lucefear: BRCM lol, what a pig
[10:51] apollo2k: yikes
[10:52] apollo2k: what a f... trap again
[10:52] apollo2k: BRCM should be a scalpy tho
[10:52] Lucefear: range got bigger here lol
[10:52] Lucefear: BEAS still up 2%
[10:53] Lucefear: VRSN tempting long
[10:53] Pl8z2win: PLMD beauty recovery
[10:54] apollo2k: first better MERQ bounce
[10:55] Lucefear: NVDA needs to bounce a point to be a good short again
[10:55] Pl8z2win: good chance we bottom here
[10:56] Lucefear: long some VRSN
[10:56] Lucefear: if we bottom BRCM pb should be nice scalper again
[10:56] Lucefear: BRCM QCOM SEBL
[10:57] Lucefear: GMST may move too
[10:57] Lucefear: but keep in mind, longs are tough plays after 11:00...
[10:57] Alert-Info: TICKn -153.00 ut
[10:58] Lucefear: BRCM at target here if you caught the bottom, exit
[10:58] Lucefear: wait for pb to get in again
[10:58] Lucefear: ft ut
[10:59] Alert-Info: DOW -1.11 ut
[10:59] Alert-Info: NAS +0.07 ut
[10:59] Alert-Info: 11:00 AM
[10:59] Alert-Info: Careful now. Market momentum should go down during lunch time.
[11:00] Alert-Info: NAS VOL 406,845,700
[11:00] Alert-Info: NYSE VOL 299,960,400
[11:00] Lucefear: out VRSN .4
[11:00] Alert-Info: TICKn -21.00 ut
[11:01] Pl8z2win: nailed that sucker lol
[11:02] Lucefear: yes
[11:04] JAKU: $qqq
[11:05] Lucefear: ft ut
[11:05] Alert-Info: DOW 10416.53 +0.62 NAS 1983.19 +0.94 TICKn +53.00 S&P; 1191.03 -0.26
[11:06] Lucefear: VRSN nice
[11:07] Alert-Info: TICKn +137.00 ut
[11:10] Lucefear: QCOM nice
[11:10] Pl8z2win: res 1987
[11:12] Alert-Info: Trading mistake: Allowing emotions to overcome intelligence.
[11:14] Alert-Info: TICKn -19.00 dt
[11:19] Alert-Info: TICKn -147.00 dt
[11:19] Lucefear: ft dt
[11:21] Alert-Info: DOW 10419.16 +3.25 NAS 1981.25 -1.00 TICKn -88.00 S&P; 1190.38 -0.91
[11:22] Lucefear: Trin clearly above 1
[11:23] Alert-Info: TICKn -20.00 ut
[11:24] Lucefear: Dow holds here
[11:24] Lucefear: maybe bit room to upside here
[11:24] Lucefear: not much to do here
[11:25] Lucefear: too low to short
[11:25] Lucefear: and longs are hard here, low vol and low momo
[11:25] Lucefear: index chart patterns says we can go up here, double bottom
[11:25] Lucefear: so let's see if we can do that
[11:25] Lucefear: I hope so
[11:25] Lucefear: so that we can short this bounce later again
[11:28] Alert-Info: TICKn -145.00 dt
[11:29] Lucefear: does hard to hold up here
[11:29] Lucefear: may make new lows
[11:30] apollo2k: VRSN maybe dbl bottom here
[11:30] Lucefear: yes, VRSN and QLGC
[11:31] Lucefear: will try some if ft holds
[11:31] Lucefear: but on the edge here
[11:31] Lucefear: looks like we push lower anytime
[11:33] Lucefear: what u think Pl8z2win
[11:34] Lucefear: trying a long here
[11:35] Pl8z2win: i am long
[11:35] Lucefear: NVDA !!
[11:35] Lucefear: yikes!
[11:36] Alert-Info: DOW 10428.50 +12.59 NAS 1982.80 +0.55 TICKn -92.00 S&P; 1190.62 -0.67
[11:36] apollo2k: arghhh
[11:36] Lucefear: news
[11:36] Alert-Info: DOW +14.45 ut
[11:38] golfer: $ntap
[11:38] Alert-Info: NTAP 13.6800 x 13.6900 V 3,841,000 CHG -0.3100 -2.22%
[11:38] Lucefear: do not short NVDA
[11:38] Lucefear: we don't know the news here
[11:39] Alert-Info: NTAP pace: 32 23 47 25
[11:39] Pl8z2win: x box delay news from earlier is all i have
[11:40] Alert-Info: TICKn -5.00 ut
[11:40] Lucefear: brb
[11:43] Alert-Info: Trading mistake: Not having the right broker.
[11:48] Lucefear: Class starts now in #alert-class. To join type in /join #alert-class
[11:51] Alert-Info: DOW 10436.60 +20.69 NAS 1985.00 +2.75 TICKn +31.00 S&P; 1192.22 +0.93
[11:51] Lucefear: sad bounce attempt so far
[11:51] Lucefear: $vol
[11:51] Alert-Info: NAS VOL 535,650,100
[11:51] Alert-Info: NYSE VOL 411,980,700
[11:59] Alert-Info: TICKn -133.00 dt
[11:59] Alert-Info: 12:00 PM
[12:00] Alert-Info: NAS VOL 551,537,800
[12:00] Alert-Info: NYSE VOL 425,059,200
[12:04] Lucefear: Pl8z2win, you holding your longs?
[12:04] Lucefear: needs some patience here
[12:04] Pl8z2win: yes brcd ut
[12:05] Pl8z2win: and back down in a flash
[12:05] Pl8z2win: but the longer i hold the more i wish i was out lol
[12:06] Alert-Info: DOW 10431.55 +15.64 NAS 1982.72 +0.47 TICKn -188.00 S&P; 1191.27 -0.02
[12:07] Alert-Info: TICKn -272.00 dt
[12:07] apollo2k: what a sucker market here
[12:07] apollo2k: nas red
[12:11] Lucefear: pl, chance lives that we go up lol
[12:11] Alert-Info: TICKn -147.00 ut
[12:13] Alert-Info: Reminder: Be self-disciplined and stick to the rules
[12:18] Alert-Info: TICKn -16.00 ut
[12:20] Lucefear: ft trying again
[12:21] Alert-Info: DOW 10431.82 +15.91 NAS 1984.11 +1.86 TICKn -74.00 S&P; 1191.77 +0.48
[12:22] Lucefear: like VRSN QCOM when we should push higher here
[12:22] apollo2k: no AMAT pre-earnings run
[12:23] apollo2k: maybe eod
[12:35] Lucefear: snooore
[12:36] Alert-Info: DOW 10436.53 +20.62 NAS 1984.79 +2.54 TICKn -32.00 S&P; 1191.92 +0.63
[12:36] Lucefear: $manu
[12:36] Alert-Info: MANU 15.6500 x 15.6900 V 1,643,200 CHG 0.9400 6.37%
[12:36] Alert-Info: MANU pace: 17 29 21 13
[12:42] Lucefear: ft ut
[12:42] Pl8z2win: look for resist here
[12:42] Alert-Info: NAS +4.74 ut
[12:42] apollo2k: lol
[12:42] Lucefear: lol pl
[12:42] Lucefear: your range is very small!
[12:43] Alert-Info: Trading mistake: Trading without a plan.
[12:43] Pl8z2win: just like the market lol
[12:43] Alert-Info: TICKn +137.00 ut
[12:43] Alert-Info: DOW +29.82 ut
[12:44] Pl8z2win: out longs
[12:45] Lucefear: good scalp
[12:49] Lucefear: nice MXIM bounce, will short it later
[12:49] Lucefear: BRCM nice
[12:49] Alert-Info: TICKn +8.00 dt
[12:51] Alert-Info: DOW 10444.00 +28.09 NAS 1989.26 +7.01 TICKn -13.00 S&P; 1192.91 +1.62
[12:56] Alert-Info: TICKn -129.00 dt
[12:59] Alert-Info: DOW +14.61 dt
[12:59] Alert-Info: MSFT 65.2700 x 65.3000 V 10,337,200 CHG -0.5600 -0.85%
[12:59] Alert-Info: MSFT pace: 18 18 31 20
[12:59] Lucefear: Dow selling stronger here
[12:59] Alert-Info: 01:00 PM
[13:00] Alert-Info: Careful. Market momentum should come back after lunch time.
[13:00] Alert-Info: NAS VOL 676,027,700
[13:00] Alert-Info: NYSE VOL 522,998,200
[13:01] Lucefear: down ti goes
[13:02] Lucefear: pretty hard Dow shake here humm
[13:05] Lucefear: bbl
[13:06] Alert-Info: DOW 10420.06 +4.15 NAS 1984.13 +1.88 TICKn -195.00 S&P; 1190.31 -0.98
[13:13] Alert-Info: Trading mistake: Trading low percentages. Wait for the right trade!
[13:13] Alert-Info: NAS -0.15 dt
[13:13] Alert-Info: DOW -0.42 dt
[13:14] Alert-Info: TICKn -265.00 dt
[13:14] apollo2k: arghh ft dt
[13:19] apollo2k: this summer seems to never end
[13:20] apollo2k: low vol, only some oscillations in the morning
[13:20] apollo2k: useless
[13:21] Alert-Info: DOW 10403.18 -12.73 NAS 1979.09 -3.16 TICKn -280.00 S&P; 1188.15 -3.14
[13:24] apollo2k: ft ut
[13:24] Alert-Info: TICKn -119.00 ut
[13:26] apollo2k: yawwwnnn
[13:29] Alert-Info: TICKn -246.00 dt
[13:30] Alert-Info: NAS -4.80 dt
[13:31] Pl8z2win: double bottom
[13:31] Pl8z2win: break
[13:32] Alert-Info: DOW -15.57 dt
[13:32] Alert-Info: TICKn -423.00 dt
[13:34] apollo2k: yikes
[13:35] apollo2k: wanna know which bastards are pushing the stocks in the morning to sell
[13:35] apollo2k: heard about the story of the deutsche bank?
[13:35] Alert-Info: NAS -9.59 dt
[13:36] Alert-Info: DOW 10400.90 -15.01 NAS 1972.66 -9.59 TICKn -388.00 S&P; 1187.06 -4.23
[13:36] apollo2k: recommended Deutsche Telekom shares to buy
[13:36] Alert-Info: TICKn -666.00 dt
[13:36] apollo2k: a few weeks later they sold 24 mill. shares
[13:37] Alert-Info: TICKn -948.00 dt
[13:37] apollo2k: tick almost -1000 we should bounce soon
[13:38] apollo2k: take some MANU here
[13:38] Pl8z2win: go appy
[13:38] apollo2k: hehe
[13:39] Alert-Info: TICKn -798.00 ut
[13:39] apollo2k: this ft bounce is not promising so far
[13:41] apollo2k: com on nas move ur a$$
[13:42] Alert-Info: TICKn -643.00 ut
[13:43] Alert-Info: Reminder: Don’t overtrade
[13:45] Alert-Info: TICKn -503.00 ut
[13:49] Alert-Info: TICKn -369.00 ut
[13:51] Alert-Info: DOW 10408.99 -6.92 NAS 1973.77 -8.48 TICKn -293.00 S&P; 1188.04 -3.25
[13:55] apollo2k: $vol
[13:55] Alert-Info: NAS VOL 801,174,400
[13:55] Alert-Info: NYSE VOL 618,681,600
[13:57] Alert-Info: TICKn -204.00 ut
[13:57] apollo2k: ft ut
[13:58] Pl8z2win: VRSN held well...should be good to go
[13:58] apollo2k: out MANU + 0.23 yihaaa
[13:58] apollo2k: lol
[13:59] Pl8z2win: BRCM still good
[13:59] Alert-Info: DOW -0.42 ut
[13:59] Alert-Info: 02:00 PM
[14:00] Alert-Info: NAS VOL 811,459,200
[14:00] Alert-Info: NYSE VOL 629,804,400
[14:02] Alert-Info: NAS -4.62 ut
[14:02] Alert-Info: TICKn -52.00 ut
[14:05] apollo2k: Dow green again
[14:05] apollo2k: nice moves here but absolutely unpredictable
[14:06] Alert-Info: DOW 10414.40 -1.51 NAS 1977.33 -4.92 TICKn -92.00 S&P; 1189.20 -2.09
[14:10] Alert-Info: TICKn -182.00 dt
[14:21] Alert-Info: DOW 10414.11 -1.80 NAS 1976.25 -6.00 TICKn -118.00 S&P; 1188.58 -2.71
[14:23] Alert-Info: TICKn -40.00 ut
[14:25] Alert-Info: TICKn -198.00 dt
[14:27] apollo2k: the upside potential is quite limited here imo
[14:28] Pl8z2win: fyi: is everyone here aware of the new nas rule ..account minimum for daytrading effective 9/28?
[14:28] apollo2k: they must be nuts yes
[14:29] apollo2k: can´t imagine that brokerages will only sit and wait till they loose half of their clients
[14:30] apollo2k: do u know any stats PL, what the precentage of accounts under 25k is?
[14:31] Pl8z2win: no
[14:31] Pl8z2win: but i know guys who trade with 5k
[14:32] apollo2k: yes me too
[14:32] apollo2k: many of them have 5-15k accounts
[14:32] kennya: i know one who trades with 5K, and he made 3000K last year, his name is freedvr...
[14:33] apollo2k: but i didn´t realized the purpose of the rule
[14:33] apollo2k: yet
[14:33] apollo2k: lol
[14:33] golfer: 3000K? 3 million?!!
[14:33] kennya: wasn't this rule instituted by SEC to prevent undercapitalized day traders from losing thier wad ?
[14:34] Pl8z2win: to get the small guy who can't afford it out of the game...theywant to protect us from ourselves
[14:34] apollo2k: what a crap
[14:34] Pl8z2win: big brothers lol
[14:34] jmp1: what's the new sec rule ? 25 K no margin? There are several different versions imo
[14:34] apollo2k: it´s OUR game!!
[14:35] apollo2k: yes looks like even no daytrading 25k
[14:35] kennya: golfer - it is a joke about someone a few of us knew - who made amazing "paper" trades
[14:35] jmp1: 3 trades / 5days?
[14:35] apollo2k: yes
[14:35] apollo2k: stupid
[14:35] Pl8z2win: 4 trades in 5 days 25k min
[14:35] apollo2k: wow one more trade
[14:36] golfer: oh
[14:36] Alert-Info: DOW 10405.32 -10.59 NAS 1975.33 -6.92 TICKn -102.00 S&P; 1187.96 -3.33
[14:37] Alert-Info: TICKn -13.00 ut
[14:37] jmp1: and if + 25K : MARGIN x 4?
[14:37] apollo2k: yes
[14:37] apollo2k: "&$//(%$()
[14:37] jmp1: ok / thanks
[14:38] apollo2k: to loose the 25k even faster
[14:38] jmp1: yes indeed
[14:38] apollo2k: what brainless idiots
[14:38] jmp1: Is this new rule from 28-9 or just a rumor?
[14:39] kennya: a rule
[14:39] kennya: yr bokerages should have sent you info
[14:39] apollo2k: no should be effective 9-28
[14:39] jmp1: No, they didn't
[14:39] kennya: call 'em....
[14:39] apollo2k: some brokerages are negotiating with the clearing firm
[14:39] kennya: give 'em hell.....
[14:40] jmp1: LOL / I did / They didn't know
[14:40] kennya: lol
[14:40] golfer: can this rule be gotten around if you have a/cs with a few different brokerages?
[14:40] apollo2k: as i understand the rule the broker has to limit your account when it is under 25k
[14:41] apollo2k: means 4 trades and its over for 5 days
[14:41] apollo2k: LOOOLLLL
[14:41] kennya: it's harder to transfer money between brokergaes now - monis have to sit in the account for 3 days i seem to remember
[14:42] kennya: volume will be zero on most exchanges on 9-28
[14:42] apollo2k: lol
[14:42] Pl8z2win: gooo naz
[14:42] golfer: well say you had 20K - put 10k with one brokerage 10K with another - allows you 8 trades in 5 days, no?
[14:43] apollo2k: if this rule really becomes effective many traders will change to futures trading
[14:43] Alert-Info: Reminder: Play fast stocks only if you are experienced enough
[14:43] Alert-Info: TICKn +126.00 ut
[14:43] apollo2k: i trade already the emini contracts
[14:44] apollo2k: golfer that works i think
[14:46] apollo2k: AMAT earnings important today
[14:49] Alert-Info: TICKn -6.00 dt
[14:49] apollo2k: Pl still STOR investor?
[14:50] Pl8z2win: yes
[14:50] Pl8z2win: long term hold
[14:50] apollo2k: dead piggy the last few days
[14:50] Pl8z2win: gonna make me rich
[14:51] apollo2k: ----STOR investor at 5.71
[14:51] apollo2k: lol
[14:51] Alert-Info: DOW 10419.64 +3.73 NAS 1978.63 -3.62 TICKn -68.00 S&P; 1189.46 -1.83
[14:51] apollo2k: will sell it at the all time high at 135
[14:51] apollo2k: ------dreamer
[14:51] Pl8z2win: i hope you have a lot of trading years left in you
[14:52] apollo2k: will give them to the kids od my grand childs
[14:53] apollo2k: in 2145 STOR will be at 500
[14:53] apollo2k: or broke
[14:53] Pl8z2win: and i'll be 101
[14:54] apollo2k: goo PL wish u 150
[14:54] Pl8z2win: thx
[14:55] Alert-Info: TICKn -163.00 dt
[14:57] Lucefear: back
[14:57] kennya: front
[14:57] apollo2k: lol
[14:57] Lucefear: kennya!
[14:58] Lucefear: always here for a joke hehe
[14:58] kennya: verrrry tough market to trade
[14:58] Lucefear: very tough for longs!
[14:58] Lucefear: shorts should be happy
[14:59] Alert-Info: 03:00 PM
[14:59] Alert-Info: 1 hour to market close
[15:00] Alert-Info: NAS VOL 937,302,400
[15:00] Alert-Info: NYSE VOL 744,080,000
[15:00] Lucefear: CIEN lod
[15:04] Lucefear: market creeping around near its lows here
[15:04] Lucefear: wonder if we get a eod bounce, I'm not very optimistic
[15:04] Lucefear: Pl8z2win, where are the times where we got a 3:30 bounce!
[15:05] Pl8z2win: i know ::(
[15:05] Alert-Info: TICKn -36.00 ut
[15:05] Pl8z2win: we could count on it
[15:05] Lucefear: but should be more fun again in September, October
[15:05] apollo2k: buying any crap and making nice lunch money
[15:06] Alert-Info: DOW 10416.60 +0.69 NAS 1973.79 -8.46 TICKn -135.00 S&P; 1188.69 -2.60
[15:07] Alert-Info: NAS -9.88 dt
[15:08] Lucefear: selling
[15:08] Alert-Info: TICKn -169.00 dt
[15:21] Alert-Info: DOW 10416.81 +0.90 NAS 1972.24 -10.01 TICKn -87.00 S&P; 1187.53 -3.76
[15:21] KVASAR: do u think StockCash accounts will be out of that stupid "under 25k" rule?
[15:22] apollo2k: what´s that an account without margin?
[15:22] jmp1: yes
[15:22] KVASAR: yes
[15:22] KVASAR: :-)
[15:23] apollo2k: no i think the rule applies for these accounts as well
[15:24] Lucefear: no buyers anywhere
[15:26] KVASAR: a2k: thx
[15:27] apollo2k: welcome:)
[15:29] Lucefear: there are a number of grey areas in the 25k margin rule
[15:29] Alert-Info: 30 minutes to market close
[15:30] Lucefear: most brokers are confused, not only their customers!
[15:30] Lucefear: but we should know more the next days
[15:31] Alert-Info: TICKn -10.00 ut
[15:32] KVASAR: Luce: thx too
[15:32] Lucefear: but if it ever should apply to us Nasdaq daytraders you shoul consider to trade Futures if you have less than 25k
[15:34] Lucefear: we are adding Futures trading here too
[15:35] KVASAR: ic ... but wonder about Liquidity and so on...
[15:35] Lucefear: nobody knows
[15:35] Alert-Info: TICKn -167.00 dt
[15:35] Lucefear: quite a stupid rule imo
[15:36] Lucefear: but what helps to discuss it
[15:36] Lucefear: we must accept it if it comes
[15:36] Alert-Info: DOW 10405.82 -10.09 NAS 1968.53 -13.72 TICKn -201.00 S&P; 1186.67 -4.62
[15:36] KVASAR: or kill the SEC! ;-)))
[15:37] Lucefear: just kill the 25k margin rule inventor
[15:37] KVASAR: yes :-)
[15:37] Alert-Info: NAS -14.53 dt
[15:38] Alert-Info: TICKn -328.00 dt
[15:38] KVASAR: ...maybe he's US Congress?! ;-))) lol
[15:38] Lucefear: more selling
[15:38] Lucefear: sad
[15:38] Alert-Info: DOW -15.43 dt
[15:39] Alert-Info: 20 minutes to market close
[15:40] Alert-Info: TICKn -511.00 dt
[15:40] Alert-Info: TICKn -684.00 dt
[15:41] Alert-Info: TICKn -822.00 dt
[15:41] apollo2k: die u crap market
[15:41] Alert-Info: TICKn -656.00 ut
[15:43] Alert-Info: NAS -19.06 dt
[15:43] apollo2k: this was a nice Goldman sucks hype yesterday
[15:43] Lucefear: $nas
[15:43] Alert-Info: NASDAQ 1962.83 -19.42 15:43:49
[15:44] apollo2k: bad AMAT #´s then goodnite nas
[15:45] Alert-Info: TICKn -505.00 ut
[15:48] Alert-Info: TICKn -315.00 ut
[15:49] apollo2k: what are they doing with BRCD today?
[15:49] apollo2k: yikes
[15:49] Alert-Info: 10 minutes to market close
[15:51] Alert-Info: DOW 10398.69 -17.22 NAS 1962.01 -20.24 TICKn -301.00 S&P; 1185.42 -5.87
[15:53] Alert-Info: TICKn -126.00 ut
[15:53] apollo2k: nice s&p; bounce
[15:54] Alert-Info: 5 minutes to market close
[15:55] Alert-Info: TICKn +49.00 ut
[15:55] Alert-Info: 4 minutes to market close
[15:56] Alert-Info: 3 minutes to market close
[15:57] KVASAR: a2k, Luce: is Futures possible profitability comparable with daytrading stocks ?
[15:57] golfer: $goto
[15:57] Alert-Info: GOTO 23.1500 x 23.4000 V 703,300 CHG -0.4700 -1.99%
[15:57] Alert-Info: GOTO pace: 3 3 3 5
[15:57] apollo2k: yes, sure
[15:57] Alert-Info: 2 minutes to market close
[15:58] apollo2k: 1 tick nas 100fut is 20 $
[15:58] apollo2k: 1 point s&p; is 50 $
[15:58] Alert-Info: last minute of trading!
[15:58] apollo2k: 1 point nas future is NOTHING
[15:59] KVASAR: ?
[15:59] Alert-Info: 04:00 PM
[15:59] Alert-Info: markets closed! Have a pleasant day!
[15:59] Lucefear: KVASAR, sure
[16:00] Alert-Info: NAS VOL 1,175,363,000
[16:00] Lucefear: 1 point Nas ft equals $20 with one single contract
[16:00] Alert-Info: NYSE VOL 937,088,000
[16:00] Lucefear: to trade one contract you need about $2,500
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