Chat Logs - March 2009


Monday, March 2

07:37 koolblue: long from 713.75
07:39 koolblue: exiting 716.00
07:42 koolblue: jumping at 715.75 if they let me
07:43 koolblue: (on both)
07:44 koolblue: filled at 715.75...plus 2 on 2 es....down 6 for the session
07:44 palmer: morning kool
07:49 PDQ: Good Morning all........Current 15 minute UP projection is 725 and current 5 minute UP projection is 719, which is the 161.8% level of the 15 minute projection...
08:00 VO: s @ 17.75
08:00 koolblue: buying 716.25...cycle peak due at 8:24-26
08:03 koolblue: order cancelled...watching
08:07 johntrader: gm all
08:16 koolblue: tried to buy 716.75...one ticked!...watching now
08:16 VO: ur gonna get another chance
08:17 koolblue: hope so...just sold 717.75
08:18 koolblue: will cover 716.00 if they let me
08:19 VO: 16 looks right to me
08:20 VO: flat 16.25
08:22 VO: bbiab
08:22 koolblue: dam! no fill!...covering both at 16.50
08:24 koolblue: filled 716.50...plus 1.25 on each...down 3.5 now
08:28 koolblue: short one at 717.75 stop 719.50
08:28 LordAlfa: Good Evening
08:29 LordAlfa: Anybody getting projection down to 709ish area?
08:31 koolblue: covering
08:31 koolblue: out ..break even...watching
08:31 johntrader: S [email protected]
08:37 kalinka: hello
08:39 johntrader: stopped 19.5
08:39 LordAlfa: 7:00 15 min bar projects 24.25?
08:41 koolblue: 25.25...buying one
08:41 koolblue: 719.00 I hope
08:42 koolblue: long one on a chase...719.00, looking to exit 721.25
08:42 Bary: 161.6 is 719.75, 261.8 is 725, whcih one is the 15m projection
08:42 koolblue: 725.25
08:43 LordAlfa: single bar at 7am
08:45 PT: good morning
08:46 koolblue: out at 721.00
08:46 koolblue: plus 2 there...now down 1.5 on the day....
08:46 johntrader: out 20.75
08:47 Margie: Is anyone missing 2/27 data from their NInja charts?
08:48 koolblue: mov avg and 15 min boll band resistance at 723.25...any move to 824.50 or higher soon , will be a gimmee!
08:53 PashaLV: Good morning
08:53 Robin: Good morning everyone :)
08:53 PT: good morning Pasha & Robin
08:54 koolblue: morning all!
08:55 Margie: Good morning :)
08:56 PashaLV: Morning PT, Kool
08:58 palmer: I was just counting those waves myself
09:08 koolblue: selling one at 720.25
09:11 koolblue: short one from 720.25
09:30 koolblue: exiting 716.50
09:31 gila1: new york lots of northeast hampered by snow may affect trading
09:32 Vast524: Good morning all
09:32 gila1: nice going kool
09:33 einstein: gm
09:34 koolblue: out at 717.25...plus 3 there
09:35 koolblue: now UP 1.5...yippeee!
09:36 Margie: dow below 7000
09:36 prestwickdrive: nice out kb
09:40 einstein: mini high near hear?
09:40 einstein: here
09:41 einstein: hit 261.8
09:41 prestwickdrive: ism and construction spending at top of hour
09:44 palmer: looking for 723.50 to short
09:45 PashaLV: same numbers, palmer ))
09:45 koolblue: order to sell at 824.75
09:45 koolblue: 724.75
09:45 palmer: might adjust up to 4.25
09:46 gila1: gold down
09:49 koolblue: order cancelled for now...may sell 25.50
09:52 jt143: same here roughly
09:57 koolblue: long one from 721.75
09:59 johntrader: L 1@ 20.50
10:00 johntrader: out 22.25 + 1.75
10:02 koolblue: out at 723.50
10:02 VO: s @ 22.75
10:02 koolblue: plus 1.75 there...now up 3.25 on the day
10:02 VO: stop 24.25
10:03 PT: s 23.50
10:03 LordAlfa: S23
10:03 VO: 1 @ 21.75
10:04 PT: 1 @ 20.50
10:04 VO: stop 22
10:05 LordAlfa: stop 21.50
10:05 LordAlfa: out 19.50
10:05 LordAlfa: flat
10:05 VO: flst 20
10:05 PT: 1 @ 19.50
10:06 PT: stop 22.25
10:06 PT: flat at 18.50
10:07 parson: congrats, pt
10:07 PT: thanks
10:07 LordAlfa: waiting to snipe
10:08 LordAlfa: 12.75
10:08 LordAlfa: Bear on the prowl
10:09 LordAlfa: 18.50 support will be broken
10:16 LordAlfa: the last 2 bars on 15 min 702.75
10:18 koolblue: selling 719.75
10:19 einstein: on what basis kool?
10:20 LordAlfa: 54 ema
10:20 einstein: 54ema resistance?
10:21 einstein: ty
10:21 Bary: 50% ret is also 720
10:22 Bary: 15m 2bar
10:22 LordAlfa: 19.75 is 100 projection from abc too
10:28 koolblue: short one at 718.00
10:32 koolblue: stopped at breakeven
10:32 koolblue: watching
10:38 LordAlfa: PT you mean the bots?
10:39 LordAlfa: ok
10:39 Bary: 100 ema, I missed what time frame
10:39 Bary: ok thx
10:40 prestwickdrive: kb calls it pt's avg
10:40 Bary: I was wondering
10:41 LordAlfa: 1 min
10:41 prestwickdrive: 11.5 = 50%ib
10:41 prestwickdrive: 11.25 glbx low
10:41 prestwickdrive: 07.25
10:41 prestwickdrive: 100%
10:44 koolblue: selling one at 716.50
10:45 LordAlfa: S16
10:48 einstein: I have 1 min projection to 719.5
10:49 koolblue: short one from 716.25
10:49 einstein: trying to sell the bollinge average?
10:49 palmer: took 6.25
10:50 einstein: thanks
10:52 einstein: which bar were u using for that last upward projection?
10:52 LordAlfa: I am pushing it
10:52 einstein: thanks
10:52 LordAlfa: 261.8=12.75
10:53 koolblue: out at 814.50...plus 1.75...now up 5 even
10:55 LordAlfa: its gonna break 14
10:57 palmer: anyone get hightower research
10:57 Bary: ninja, bb at 718, 15pma, anyone else comfirm
10:58 Bary: lower bb @712
10:59 Bary: middle at 718ish
11:00 einstein: confirm on ninja
11:00 Bary: y
11:00 einstein: I have the same on ninja
11:01 einstein: touched the 161.8 15 min peojection
11:02 koolblue: selling one at 717.50
11:03 einstein: I see top bb and 54 as resistance altho projection from 10:57 candle is 718ish
11:03 einstein: bullish projections are not working in this downtrend
11:07 LordAlfa: flat 12.75
11:08 Vast524: great trade LA
11:08 VO: l @ 12.50
11:09 LordAlfa: I have also joined globex anonymous.
11:09 koolblue: long one from 712.75
11:09 LordAlfa: L 12.50
11:10 LordAlfa: 16
11:10 LordAlfa: stop below globex low 11
11:11 einstein: 7 wave down?
11:12 LordAlfa: Yes. onthe 5min
11:14 icepick: cycle low :15 after?
11:16 LordAlfa: look at the volume on the DOM
11:20 VO: flat
11:20 einstein: what is PT's average?
11:20 LordAlfa: 100 ema
11:21 VO: will buy retrace...setup for bullish pattern
11:21 myptofvu: hola mi amigos
11:21 einstein: thanks LA
11:21 LordAlfa: flat 15.25
11:21 koolblue: out at 714.75..plus 2 there ...up 7
11:29 jt143: yes, make sure it has avr... auto voltage regulation
11:30 LordAlfa: Get APC. 0.5 KVA just for one computer. I have a few servers sitting next to me. with a 5 KVA. Anything above that needs 3 phase AC supply.
11:31 LordAlfa: APC is American Power Conversion http://apc.com
11:36 LordAlfa: There you go myptofvu. Cheap affordable protection for bad shutdowns. http://www.apc.com/products/family/index.cfm?id=21
11:44 PT: L 710.00
11:44 PashaLV: Looking to buy @ 706 zone
11:45 johntrader: L [email protected]
11:47 einstein: be back later thanks guys
11:48 PT: stop at 8.75
11:48 PT: flat
11:51 johntrader: stopped 8.25
11:54 palmer: buying 704.50
11:54 PashaLV: L @ 706
11:55 palmer: pasha I think that was the right spot
11:55 palmer: but I am pushing for 704.50
11:55 PashaLV: will add there )
11:56 johntrader: L [email protected]
11:59 LordAlfa: palmer 04 is the 161.8 projection using 60 min
11:59 LordAlfa: 03.25
12:00 PashaLV: will add @7.50... maybe
12:02 palmer: LA good shot we see 698 today
12:02 palmer: this is getting ugly
12:03 LordAlfa: ret since 706 is 50%, abcd projection 02.75
12:03 LordAlfa: S 3 today is 701
12:04 LordAlfa: ret sing 05.50 sorry
12:06 LordAlfa: looks like an abc but I think it is yummy bait.
12:07 LordAlfa: This is bloody monday
12:08 johntrader: be stop
12:10 LordAlfa: Looking for higher low on ret
12:13 johntrader: out 7.25 + 1
12:15 PT: L 707.25
12:16 VO: l 1 @ 7.50
12:16 VO: stop 5.75
12:17 LordAlfa: L 7.25
12:17 PT: yep
12:19 PT: flat 5.75
12:19 VO: stopped
12:21 VO: l 1 @ 7.50
12:21 LordAlfa: Still long
12:24 Vast524: l @7.25
12:25 Vast524: Aiming for 710.25
12:26 LordAlfa: 5 min cycle high 15.25?
12:28 LordAlfa: Let's see if we get a decent retrace to 07.75/25
12:29 VO: flat 9
12:29 VO: dont get greedy
12:32 LordAlfa: 2 candles
12:33 LordAlfa: flat 9.25
12:34 Vast524: flat
12:35 PT: good trade Vast
12:35 PT: 1 @ 710, stop 7.50
12:38 prestwickdrive: ldva 10.25
12:38 Vast524: ty
12:41 PT: flat at 7.50
12:41 Vast524: Is this avalid ABC to the upside VO if it confirms above 708.50
12:44 VO: yes
12:44 Vast524: ty
12:44 jt143: vo, up or down from here...ensign map?
12:45 VO: map says chop for next hr really
12:46 jt143: ty
12:47 VO: shows prices tween 3 to 8
12:48 PashaLV: L@ 706 again
12:55 VO: s 1 @ 7.50
12:56 VO: stop 9.25
12:58 VO: stop be
12:59 palmer: +10 today
13:00 palmer: but seem like I have been climbing mount everest
13:01 VO: flat
13:02 PashaLV: Palmer... your 704.50 ... wow
13:02 prestwickdrive: feeling like Sisyphus here Palmer so ditto
13:03 LordAlfa: I am sitting out. Configuring customer's PBX from my browser
13:04 LordAlfa: Hero of Justice
13:04 LordAlfa: Suddently I am itching
13:05 prestwickdrive: form over substance? ... nah
13:05 VO: s 1 @ 7
13:08 LordAlfa: palmer. Seems like 699-695 projections. drawn from 1, 5 and 15 min
13:08 palmer: yep
13:09 VO: flat 8.50
13:10 prestwickdrive: dpoc 08.5
13:13 VO: s @ 5.75
13:14 LordAlfa: 695 defintely D point.
13:16 LordAlfa: 796.75 high, 739.25 low. ret 78.6% 784.25, extend to 78.6=695.25
13:17 Haku: tnx for the numbers :o))
13:19 LordAlfa: chop chop chop saw saw saw hack hack hack
13:20 LordAlfa: what happened?
13:20 Bary: good pal
13:20 Bary: good luck
13:20 Margie: sorry myptof
13:20 gila1: hope it gets better we care
13:21 John: Sorry, point.
13:21 prestwickdrive: ditto above mpto
13:21 LordAlfa: something happened that I dunno?
13:21 johntrader: good luck mpt
13:23 Vast524: That first abc VO would have been good. I got stopped out on that wick as well. Wasn't brave to try again.
13:24 VO: 1 @ 4.75
13:24 Vast524: As usual I pick the bad ones to trade, and leave the good ones. lol
13:24 Margie: Vo is just a hog
13:27 VO: flat be
13:32 Bary: 702 15m deadly ?
13:34 LordAlfa: Nope. I have 695.25
13:34 palmer: 695.25/.50
13:34 palmer: 15 min proj
13:35 LordAlfa: 702 is the 1000 to 1015 bars
13:38 Bary: ok thx
13:41 Haku: LordAlfa.... are you able to post a chart with those numbers? I'm stuck.. thnx
13:41 LordAlfa: Which one, the abcd?
13:42 Haku: from 796.75 high...
13:43 LordAlfa: OK. Its a 60min
13:45 LordAlfa: I looked at it again. 704 is more definite than 695 but current projections 95 to 97
13:45 icepick: Ron Insana is back on CNBC - after his hedge fund folded - the bottom is in :)
13:46 palmer: ron fund blew up less than a year
13:46 palmer: just another cnbc idiot
13:47 icepick: many people correctly theorized that the top was in when he left cnbc to open his fund
13:52 PashaLV: L@ 705.75
13:54 PashaLV: target 709.25
13:55 LordAlfa: 261.8?
13:56 LordAlfa: doing sumthing else. missed the entry so forget it.
13:56 PashaLV: LA, yes
13:59 VO: s 1 @ 9
14:03 VO: flat 7.50
14:04 palmer: nice VO
14:05 Vast524: You would presume so
14:05 LordAlfa: 719? need to see the next bar if is has to be used too.
14:09 LordAlfa: 1315 bar says 13.75 first
14:20 Margie: bad data Vast
14:24 Margie: I just wont listen
14:24 Margie: kool, time to ....WAKEUP!!!!!
14:25 Vast524: Redheads, VO. You can't tell them anything. lol
14:25 LordAlfa: see ya. off to bed. Another pbx needs setup tomorrow
14:25 LordAlfa: bye
14:25 Margie: BYE la
14:25 johntrader: bye LA
14:26 Vast524: The 711 entry for th eshort was based on a ABC pattern VO, or just a scalp?
14:30 Vast524: ty
14:33 gila1: welcome back
14:33 johntrader: hope things are okay
14:34 Bary: what news?
14:35 gila1: financials off lows
14:36 Bary: wish the best for ya
14:38 jt143: look into imaging your drive periodically w/ ghost or like programs
14:42 prestwickdrive: 13.5 fills singles
14:45 PT: 1 @708.5
14:48 VO: l 1 @ 9.50
14:49 palmer: bye guys
14:49 palmer: +13 today- too hard - dead tired
14:51 einstein: nice trading palmer
14:53 VO: stopped 7.75
14:54 PashaLV: Bye, Palmer! you my hero !
14:54 PT: 1 @ 707
14:55 einstein: kool are u still around?
14:57 einstein: OK. If you do a price projection using Kools tools from 1 bar and price exceeds the 161 do you wait ntil it hits the 2.61 to reverse or do u recalculate using 2 bars?
14:59 einstein: I thought Kool used 1.618
14:59 VO: s 1 @ 6.5
15:00 einstein: thanks
15:01 VO: 1@ 5
15:01 VO: ugh
15:02 Vast524: oops
15:02 PT: flat at 704
15:02 Vast524: great trade PT.
15:04 PashaLV: L@ 704
15:05 einstein: using those first 2 bars then you ar saying that the price projection would be the 261.8% which I have at 706.25
15:06 einstein: I have 708.5=161 and 706.75=2618
15:07 einstein: yes
15:07 einstein: high 712.5 and low of next bar is 710.75
15:08 Vast524: Price movement from high to low. 712.50 -710.50=2pts. 2pts 20618=5.25pts. 712.50-5.25=707.25
15:08 Vast524: Sorry 21pts x 2.618=5.25pts
15:09 einstein: 2.25
15:10 einstein: I am using ninja fib projections
15:10 PT: 1.75 points
15:11 Vast524: 712.50 - 710.75=1.75 pts. 1.75 x 2.618 =4.5pts. 712.50 -4.5pts=708
15:11 einstein: y
15:12 Vast524: No comment
15:12 Vast524: If there was icons, I would find one that is appropriate
15:13 einstein: so the price projection in the example discussed is 70
15:13 einstein: 708
15:14 Bary: yes
15:15 einstein: I have 703.25 on the 5 min
15:16 einstein: so if this price is exceeded you go to the next time frame?
15:16 Vast524: USe Fib retracements. F8 on Ninja. Click on the low, then click on the high. You will get retracements drawn. Double click on retracement and add 261.8 as value. This then gives you the value.
15:17 einstein: 14:45 bar?
15:19 einstein: I guess I was wondering how you decide to increase the number of bars on the 1 min or do you just go to the 5 min chart
15:19 jt143: vo, 96 off the 60 min too, no?
15:22 einstein: thanks
15:22 einstein: I may email him
15:23 einstein: no problem
15:23 einstein: do most here reverse when price reaches the 261.8% mark?
15:24 einstein: good idea
15:25 einstein: you usually trade off the abc pattern?
15:26 jt143: 7th down now looks like
15:28 einstein: first target around 5.50?
15:32 einstein: no retrace bulls in charge right now
15:34 Vast524: Haven't heard from her all day, Mypptofvu
15:35 myptofvu: ok thanx Vast
15:35 Vast524: MArgie, when do you start taking students for the Margie's school of spelling? I need to enrol.
15:36 myptofvu: Margie I too would like to get edumacated
15:36 einstein: hitting 62 retrace now
15:39 einstein: mini low coming up?
15:47 VO: SELL THIS PIG!!!
15:48 PashaLV: S@ 701 target 696
15:50 VO: puke em up
15:50 PashaLV: I sold that mini-pig )
15:52 einstein: Pasha are u using the 1546 high to the 1547 low for price projection?
15:55 VO: l 1 @ .75
15:56 VO: stop 99.50
15:59 Vast524: What did you put into Kool's coffee Margie?
15:59 Margie: pizza
15:59 Margie: and oreos
15:59 Margie: its like a shake
16:00 VO: stop be
16:00 PashaLV: stopped
16:00 Vast524: I think he has gone into hibernation
16:01 VO: flat
16:02 PashaLV: einstein, yes
16:05 einstein: thanks pasha
16:06 PashaLV: Bye, friends.. finished for today..
16:06 Margie: bye pasa
16:06 Margie: pasha
16:12 Margie: well Marcxh 4-8 is upon us
16:14 Margie: typing class tomorrow, 4am
16:22 Vast524: Is that EST or Australian time?
16:47 gila1: Economic
9:00am BoC Rate Decision
10:00am Jan Pending Home Sales m/m (last 6.3%)
4:30pm API Crude Oil/Gasoline/Distillate Inventories
Events
8:00am Fed's Lockhart speaks on the economy in Tampa. 10:00am Fed Chairman Bernanke testifies before Senate Budget Committee. G
16:49 johntrader: i.m here, but on phone
21:24 palmer: poking a overnight short here
21:25 palmer: ym 6850
Wed. March 4th

6:51 koolblue: BINGO O/N 681.50!
07:12 palmer: good morning
07:16 Margie: good morning
07:25 palmer: I wonder where we go today
07:33 Margie: 15 min using 3 candles gives 697.75, abc ext 100=698.5, 127.2=697.25
07:35 palmer: margie which candles you using
07:36 palmer: I am getting alttle lower
07:36 palmer: 695
07:36 palmer: areas
07:37 Margie: 5, 5:15, 5:30
07:40 palmer: have to verify- I using the 5 and 5:45
07:40 palmer: have to ask VO or Kool
07:45 Margie: you are using 4 candles and if it shoots past the three candle proj, we are onto the four proj. Adp in 30 minutes, we may find out then :)
07:53 LordAlfa: good morning
07:54 icepick: gm
07:55 icepick: ready to make some $ today?
07:55 LordAlfa: Decent bounce when I woke up. But didn't buy 688 when the abc formed. have to drive 400 km, 6 hours on the wheel today
07:55 palmer: drive safe LA- I know you are a sped racer :)
07:55 Robin: good morning everyone :)
07:55 LordAlfa: tired. probably 2 trades and off the bed.
07:56 LordAlfa: hovering at 161.8 ext.
07:57 icepick: the viano is a comfy ride, though - yes?
07:57 LordAlfa: But could be a corrective move. YM rose without a retrace.
07:57 LordAlfa: Yes. Viano is very comfortable. The passengers were sleeping throughout
07:58 icepick: all it needs is autopilot
07:58 LordAlfa: Waiting for them and caught the latest episode of Gundam 00
07:58 LordAlfa: episode 21
07:59 LordAlfa: There is a downside abc, ididn't take it. Don't feel good about it.
08:03 LordAlfa: Palmer. This Mini Bus is so good, hitting 180km/h is a breeze and it feels planted. I am a safe driver.
08:03 Margie: mini lo should be about now
08:04 palmer: LA-one day when you are free I would like to talk to you about some computer stuff
08:06 LordAlfa: OK. Found the details from Mirus. I was mistaken. They don't have a table of the margins. They told me to email them on specific margins.
08:06 palmer: I got it from them thanks
08:08 LordAlfa: anyone got a down projectyion to 695?
08:09 palmer: that's what I am getting LA
08:10 LordAlfa: 1 min current up is 701.25 to 01.75
08:11 LordAlfa: selling 01.75 to 695 and call it a day.
08:15 LordAlfa: cancelled.
08:15 prestwickdrive: adp: -697k vs -630k jobs
08:17 prestwickdrive: -630k was expectation
08:17 LordAlfa: 161.8 of the down abc is 95.25
08:38 LordAlfa: S 02.25
08:42 palmer: robin your mic is on
08:43 Robin: 's weird... it's suppose to only work when I hit a button?
08:43 Robin: is it still on?
08:44 LordAlfa: flat 01.25 +1
08:44 johntrader: goood morning
08:44 prestwickdrive: sounded like someone was shaving with an electric razor. its off now
08:44 VO: deadly fulfilled @ 67.75
08:44 Robin: tnaks...
08:46 VO: suspect we have more work on downside before they continue rally
08:46 palmer: 67.75?
08:47 LordAlfa: testing 02.25 again
08:47 LordAlfa: 02.50 sorry
08:49 LordAlfa: sounded like Robin panicked
08:50 Robin: ?
08:50 LordAlfa: 02.25 is the 5 min proj
08:51 LordAlfa: Your mic
08:51 Robin: they said it's off now?
08:51 Robin: right?
08:52 VO: LA I have 3.50 for 5m
08:52 Margie: Robin, it came on for a couple of seconds again, with a yelp at the end
08:53 LordAlfa: Yes VO. on the next bar. The prevuious cycle was 02.25
08:53 Robin: might have been the puppy :)
08:54 LordAlfa: Your pup is a computer geek?
08:54 Robin: :)
08:54 VO: k...will be watching for failed high...we need a decent retrace from our globex low
08:54 prestwickdrive: trader dog
08:55 VO: although 15m says 6.75
08:56 LordAlfa: yep. 695 negated cos it touched 04.75
08:56 VO: s @ 6
08:57 LordAlfa: 261 of this up abc is 711
08:57 prestwickdrive: bigs +12.5k for glbx and +8k since adp report
08:57 LordAlfa: from the 681 lo we had after close yeaterday
09:00 Margie: usin 2 candles 15 min 710.5
09:00 prestwickdrive: singles 9.75-12 and 12.5-13.5
09:04 LordAlfa: if we take this retrace as a 23.6. ab=cd is at 711.25 which also around 261.8 ext off the abc at the bottom
09:05 Margie: 1 min 704
09:12 Margie: 6:14 mini lo
09:16 LordAlfa: Needs more strength. Still weak. Looks like doubt it'll get to 711
09:17 LordAlfa: on the 1 min this is 5th wave
09:25 Margie: 6:33 mini lo
09:26 LordAlfa: Well what are the opinions of this sawing action.
09:29 palmer: I guess we could run to 714/715 area
09:29 palmer: yesterday's highs
09:30 LordAlfa: 2 bar recent on 1 min 712
09:30 einstein: gm
09:30 LordAlfa: The bulls trying their hardest. Painful to watch.
09:31 LordAlfa: Palmer. Could be. The retrace is min 23.6 but did not reach 38.6. That in between range is from 11.25 to 14.75 target
09:32 palmer: thanks might poke a short up there in the 14s
09:33 LordAlfa: It is pit open and the price action I see is reluctance. Almost like globex in double speed.
09:33 LordAlfa: Same here. Bear market, shorts safer.
09:34 LordAlfa: GC is down. Looks like 7 wave down.
09:35 LordAlfa: Afraid of the sudden expansion of the BB bands. Could fly either way.
09:35 VO: GC is a POS
09:38 einstein: I have 710.25 off the 15min fwiw
09:39 prestwickdrive: I think 2 bar 15 min proj is 14.75
09:39 einstein: exactly what I did
09:40 Bary: me too 710 50
09:40 prestwickdrive: ok ty
09:40 prestwickdrive: my bad
09:40 palmer: 714 is yesterday highs
09:40 palmer: I am just using that as resistance
09:40 palmer: yep
09:40 palmer: 714-715 area I said
09:41 palmer: have no idea though
09:42 palmer: could be a trend change since we hit that 681
09:42 Margie: 1 min 711.75
09:42 jt143: single ticks from mon 13.25 fwiw
09:46 LordAlfa: PT, are you short
09:50 VO: s @ 7.25
09:51 VO: 1 @ 4.50
09:53 VO: stop 6.25
09:57 jt143: http://www.sierrachart.com/userimages/upload_2/1236178644_96_UploadImage.png
09:57 einstein: once the 15 min projection has been reached do we now use the 945 and 1000 bars to give a low projection?
09:57 jt143: bigs chart above
09:58 jt143: smalls are blue
10:01 VO: flat
10:01 einstein: 5min proj around 701
10:06 PashaLV: Good morning all!
10:06 einstein: that projection is cancelled if we hit 710ish
10:08 VO: s 1 @ 7
10:09 VO: stop be
10:10 VO: stop 5.75
10:11 Margie: Kool, hello
10:11 VO: flat 2.50
10:11 einstein: gm Kool
10:11 parson: congrats VO
10:13 LordAlfa: Woke up saw it and did not.
10:14 Vast524: Good morning all.
10:14 Margie: Vast, howdy
10:16 Vast524: Hi Margie
10:20 LordAlfa: Right Kool. In a bear market, pessimists rule.
10:20 prestwickdrive: 99.75 poc
10:21 koolblue: long 2 from avg price of 701.75...stopped at 699.75...loss of 2 on 2 es
10:22 koolblue: down 4 on the day
10:23 jt143: poc? what time frame chart,
10:23 jt143: nevermind
10:23 Margie: 7:36 minin lo, 7:40 lo on 5 min
10:25 Margie: 7:26 mini hi
10:25 Margie: sorry 10:26
10:25 Margie: giving it in PST
10:30 Margie: betterup
10:32 LordAlfa: Their stock is worth WW2 banana notes
10:33 einstein: kool are u short from 704
10:33 einstein: plus confluence of emas
10:33 einstein: thanks kool
10:38 Margie: 10:52 mini hi
10:39 VO: l 1 @ 2.50
10:39 VO: stop 1
10:40 VO: stop be
10:41 Margie: took it as the deadly
10:41 Margie: the gimmee was deadly!
10:41 VO: stop 5.5
10:42 VO: stop 7
10:43 VO: flat
10:43 Vast524: great trade VO
10:46 einstein: looking for a top on 5 min near here
10:46 Vast524: Was too gutless. Saw and thought do I trust it, ABout to press the buy and the retrace just after the sig spooked me. Gutless Aussie. I did take the first ABC to the downside though. and took 7pts
10:46 einstein: nice going vast
10:46 Margie: Vast, lovely
10:47 Vast524: Should have stayed in though for the 100%.
10:47 einstein: I saw that one but didnt get filled
10:47 einstein: I have 5 min projection to 711 fwiw
10:48 einstein: first 2 bars?
10:48 einstein: gotcha 711.50
10:49 prestwickdrive: 50%ib = 16.25
10:58 Margie: 11:03 mini lo
10:58 jt143: looks like it was 7 up on the 1 min, no?
11:00 jt143: right
11:00 jt143: I was wondering about the 1st wave
11:06 jt143: isnt there a 17.5 161 from the 5min?
11:07 VO: s 1 @ 12
11:09 koolblue: down 8 on the day!
11:10 VO: flat10.75
11:14 palmer: looks like 7 waves up
11:14 palmer: on the 1 min
11:26 Margie: 11:46 mini hi poss
11:26 VO: s @ looking to sell
11:31 palmer: order @14.50
11:31 palmer: to sell
11:36 palmer: hmm missed me
11:36 einstein: back later good luck everyone
11:36 Vast524: ok einstein
11:37 jt143: mostly smalls creating singles off 10.75, udva
11:40 Vast524: Been short at 12.25 for a while. Come on Sellt his pig
11:40 jt143: I dont think hteyre gonna give up 15 so easy, we need atleast a couple headfakes, lol
11:40 jt143: theyre
11:41 Vast524: No volume either
11:42 jt143: they want that gapfill from last wk
11:43 Vast524: Do you keep a record of all the gaps?
11:43 parson: jt, where was the gap
11:43 parson: ?
11:44 jt143: parson, vo mentioned it, 33 area I think
11:44 parson: tnks
11:44 Vast524: Silicone does a good job on the gaps. lol
11:45 jt143: ha
11:45 Vast524: All traders should have some in their artillery
11:45 Margie: :)
11:45 parson: :)
11:52 Vast524: JT's number
11:53 palmer: yep yesterday's high is in play
11:58 LordAlfa: palmer did you sell 14.50
11:58 jt143: huge bigs push, are they baiting the trap
11:59 LordAlfa: bigs still -(ve)?
12:01 koolblue: selling a couple at 714.00
12:01 Vast524: What are thoughts VO on this. Are we nearing the top? Still looking to go short?
12:02 VO: s 1 @ 13.50
12:03 VO: flat 12
12:03 jt143: vo, up or down from re the map, nice trade too
12:05 jt143: ty, makes sence
12:10 koolblue: selling 710.75
12:15 Margie: 12:30 mini lo
12:18 jt143: no 2nd hand smoke too, lol
12:18 koolblue: short from 708.50
12:19 Margie: 15 min deadly 698.50?
12:20 Margie: no 698.75 is what I get line in the wrong spot
12:20 Margie: goggles are crooked
12:22 Margie: ok, I'll try and do better
12:22 Vast524: Just put the glasses on correctly next time. lol
12:22 LordAlfa: Divers use spit
12:23 Margie: they're like coke bottles, thank goodness for contacts
12:23 Vast524: Maybe put a dob of that gap filler on the nose to hold them straight
12:23 Margie: lol
12:24 LordAlfa: Her dog is trading
12:24 Robin: kool... did you call me?
12:24 Vast524: Full moon not for a few days yet. About half size at the moment
12:24 Robin: no...
12:24 Robin: when did you send it?
12:24 Robin: no??
12:24 Robin: hm...
12:24 Robin: :)
12:25 Vast524: I'll just look out the window. Yep, half moon
12:25 Robin: did you send it to rfarina187
12:25 Robin: me look if it's in spam :)
12:25 Robin: no!!
12:25 Robin: it does it automatically sometimes
12:25 Vast524: He's using it too trade with.
12:28 koolblue: chart posted....the moons
12:30 Vast524: Is this a valid abc to the downside Vo on the 610t please?
12:31 Vast524: Or not enough retrace to the big ABC and on the small one a tick above the A point
12:31 LordAlfa: 711
12:31 Vast524: Thanks. Thought that, but just checking
12:32 Vast524: ok. thank you
12:35 jt143: smalls trying to sell, bigs flatish
12:37 LordAlfa: So what does the moon do? New moon bear. Full moon bull?
12:37 LordAlfa: Or just traders become lunatics?
12:38 LordAlfa: ok
12:42 Margie: must have closed the pit for lunch
12:43 VO: s 1 @ 9.75
12:44 VO: stop 12
12:48 VO: stop be
12:49 Margie: 1:20ish lo
12:50 koolblue: short from 709.00... covered at 707.00...plus 2 on 2 es
12:50 koolblue: watching
12:55 jt143: fwiw 05.5 is a lower end of the wkly vol node, were basically net + off that, also values in that area too
12:58 VO: flat 5.75
13:06 LordAlfa: PDQ, you need to be pessimistic for this period
13:09 LordAlfa: selling 707.75
13:10 LordAlfa: filled
13:13 Vast524: 5min looking like a small divergence is setting up PT>
13:14 Vast524: Sell side may be weakening
13:17 Margie: thats what I had pdq
13:22 VO: l 1 @ 8
13:28 Margie: 5 min 710.75
13:31 VO: flat 10
13:34 Vast524: Good trade Vo. Just can't see any ABC's here. Too congested for my eyes. I find it easier when it is a bit cleaner.
13:37 Margie: you should not trade by moonlight alone
13:40 Vast524: Doing my bit for the global warming Margie. lol
13:40 Margie: good job Vast, we gotta leave somewhere for the kids to live
13:57 jt143: tan book 3 mins
13:59 Margie: thanks guys
13:59 Vast524: What is that PWD/Jt? Sorry
14:00 Vast524: OK. They don't like it
14:00 Vast524: I thought it had to do with Margies beauty secrets. lol
14:04 toaksie: Bit of a newb qustion here when trading an AB = CD symmetrical pattern do Ab and Cd have to be spot on equal for example betwwen 8.30 and 11.30 today this pattern seemed very close and there was a subsequent sell off or am I just forcing a pattern where one didn't exist
14:08 PashaLV: L@711
14:11 PashaLV: out+2
14:14 PashaLV: L@ 11.50
14:14 PT: toaksie: I think you also have to be aware of the extensions 1.27 and 1.618
14:14 VO: toaksie they dont have to be 1:1, D goes to 127.2 and 161.8 quite often
14:15 PT: :)
14:17 toaksie: did you get a chance to see the timeframe I was looking at, would be nice to get some confirmation that I'm looking at the right sort of thing, thanks for the help though and I understand if your a bit pressed for time right now, cheers
14:18 PashaLV: Stop@ be target 17
14:18 Margie: go for it Paha
14:18 VO: toaksie ill discuss at length after market close if you have time
14:18 Margie: Pasha, sorry
14:19 toaksie: thanks Vo I'll leave you to it for now thanks again and good trading
14:19 PashaLV: jumped @ 14.50 @3 here
14:19 Vast524: Great scalping Pasha
14:21 jt143: back to 81 now, lol
14:21 PashaLV: L@ 13.25
14:21 prestwickdrive: 715 sq 9 also
14:22 jt143: that kooky Howard, lol
14:24 PashaLV: out be
14:25 PashaLV: Thanks, Vast, Margie
14:27 PashaLV: L@ 11.75
14:29 PashaLV: stop 10.75, target 17
14:32 PashaLV: stopped -1
14:33 Margie: 15 min deadly 704?
14:33 Margie: maybe more
14:34 PashaLV: [email protected] again..
14:36 PashaLV: stop 10.75, target 16
14:39 einstein: I heard somthing about china bailout 500 billion plus
14:39 Vast524: We had reached Kool's low projection
14:39 VO: s 1 @ 15.25
14:40 jt143: u heard obama has it all under control, right...he said to just chill
14:41 einstein: lol
14:41 einstein: vast which candle are you referring to?
14:42 PashaLV: target 17
14:42 einstein: for the low projection I mean
14:42 prestwickdrive: 16.25 +50%ib, 15.25 yest high
14:42 Vast524: Yesterday Kool had said it would drop to low of the globex. 681ish
14:42 einstein: fwiw I have a first target of 720.25 on 15 min chart based on a 123 pattern
14:43 PashaLV: ou@ 15.75 +4 here
14:44 einstein: mini hi areound 1451?
14:45 VO: stopped 16.25
14:45 PashaLV: S@ 17.25
14:45 prestwickdrive: bigs +13k, smalls +13k
14:45 jt143: 17.6 prestwicks 161
14:45 gila: 4th time in past few min high ticks above1200
14:47 VO: s 1 @ 16.50
14:48 PashaLV: out@ be
14:48 VO: stopped 17.50
14:49 VO: s 1 @ 17.50
14:52 PashaLV: S@19
14:56 PashaLV: out +0.5..
14:58 VO: flat be
15:00 jt143: lots of resistnce 20-23ish
15:00 einstein: I have 720.25 as first target on 15 min 123 and projection based on 1315-1330 candles
15:00 einstein: 2nd target based on 15 min 123 is 733
15:01 Margie: 3:25 poss mini hi
15:01 einstein: which candles are u using margie?
15:02 PashaLV: S 20
15:02 VO: s @ 20
15:02 Margie: 2:33, 2:59 on one minutre
15:02 PashaLV: LOL
15:02 einstein: thanks
15:03 PashaLV: out+1.25
15:04 VO: 1 @ 18.50
15:05 PashaLV: PT you still holding short?
15:08 prestwickdrive: bigs +26k now and sm +20k
15:11 VO: flat
15:12 jt143: smalls were trying to sell the prior high, so they ran for cover
15:13 jt143: its like chess w/ the bigs
15:13 jt143: theyre 2-3 moves ahead
15:14 PashaLV: S@22
15:17 palmer: what's the tick at
15:18 palmer: I am down
15:18 palmer: 6
15:18 palmer: :)
15:18 palmer: VO is the heavy weight
15:18 palmer: with his 10000 lots
15:18 palmer: right VO
15:21 einstein: on a day like this why take a chance with countertrend shorts- go with the trend imho
15:23 PashaLV: [email protected] +1.5
15:25 prestwickdrive: done for day. ty all
15:25 Vast524: Made your millions. lol Well done PWD. Thanks for the info
15:26 PashaLV: S @ 22.25
15:29 PashaLV: i'm out @ be.. and happy..
15:30 palmer: maybe we get to 736 today
15:30 palmer: one day rally
15:30 palmer: hehhee
15:32 Vast524: Any thoughts on where this will go till the close. Seems to be battling to make its mind up
15:35 VO: 1 @ 21.50
15:36 VO: flat 21.75
15:40 VO: s 1 @ 19.25
15:41 VO: flat 18
15:43 Vast524: When do you enter PDQ. When the candle closes?
15:45 Vast524: Nope
15:45 Vast524: Yep
15:48 PashaLV: [email protected]
15:48 jt143: buying really picked up in the 12-13 range fwiw
15:49 PashaLV: out +1 @ 17.25
15:54 PashaLV: L@ 14
15:54 Margie: 3:56 poss mini, mini lo
15:55 Margie: yw
15:56 PashaLV: stop myself @ 13 -1 here
16:00 jt143: they basically just ran into out of range resistnce, it rarely goes threw 1st shot
16:04 PashaLV: Finished this nice day.. See you tomorrow, fiends!
16:05 Margie: Pasha, way to go, cya tomorrow
16:08 jt143: bigs went from +20k at highs to -9k now fwiw
16:09 Margie: nasty, nasty
16:09 jt143: those gaps ya know
16:09 einstein: have a great evening everyone
16:14 Margie: Good night all, cya tomorrow, thanks for your help
16:14 Vast524: Bye Margie
16:19 gila: long time ago
16:19 jt143: copy them and resell?
16:20 jt143: i've noticed sheet rock cant stop clipboards
16:25 jt143: y
16:25 jt143: not the software, but just searching their website
16:26 jt143: just did a search off their site
16:26 jt143: for map or Ensign map
16:27 jt143: doing a goog search I find some interesting stuff on it an how most of the prevailing maps come from some rocket scientist
16:28 jt143: I think the Ensign is the pesavento
16:30 jt143: sounds like it
16:30 jt143: how many days of data does it need?
16:32 jt143: does an individual engin chart have control over the number of days to display?
16:32 jt143: how many do u have on u'r map chart
16:33 jt143: k, thats a solid amout for a 2min chart
16:33 jt143: amount
16:35 jt143: let them shake you out over that 24.5 area high
18:42 Margie: brb
19:04 Margie: great advice
Friday

07:37 palmer: morning folks
07:51 parson: gm palmer
07:52 parson: palmer, ya think the employment is already factored in?
07:52 parson: employment report
07:53 palmer: who knows
07:53 palmer: think if it not as bad we will get a rally
07:53 parson: yeah, that's kinda what I'm expecting
07:54 palmer: doesn't matter anyways
07:54 palmer: we just play what th charts say
07:54 palmer: 35 mins to go
07:55 parson: that's what I was going to opine.
07:55 palmer: I was goign to short this morning @689
07:55 palmer: wish I did
07:56 parson: I remember you set up an overnight short . do that often?
07:56 parson: one night
07:56 palmer: well I usually swing YM
07:56 palmer: if needs be
07:57 parson: ok
07:57 palmer: when I see something on the 240 min or daily chart
08:07 parson: I flew into there last spring
08:32 gila: guess they thught job loss would be alot worse
08:32 palmer: 95.25 I am selling
08:33 palmer: people were expecting worse
08:34 jt143: and they don't even work :)
08:44 jt143: since the # were still +5500 contracts
08:44 jt143: we're
09:04 VO: s1@ 91.50
09:07 VO: stop 93.25
09:07 palmer: still looks like we have more upside
09:08 VO: then ill lose
09:10 palmer: nice one VO
09:11 palmer: still think we go higher today though
09:11 palmer: but what do I know :)
09:12 VO: flat 89
09:13 Margie: good job, Vo
09:13 Margie: good morning, VO
09:19 einstein: gm
09:22 LordAlfa: Good morning and good evening
09:23 einstein: gm sir
09:25 LordAlfa: Just had grest dinner, duck, veal, crab. loaded and ready to go.
09:31 prestwickdrive: 86 gap fill
09:32 VO: s 1 @ 88.75
09:32 koolblue: s 88.50
09:33 VO: 2 pt stop
09:35 VO: flat 86
09:37 koolblue: out at 685.75...plus 2.75 ans the same on the day
09:38 einstein: what made u go short kool?
09:39 einstein: I have 695.25
09:41 VO: l @ 89.25
09:41 VO: stop 87.75
09:41 einstein: y
09:42 VO: 1@ 93
09:42 VO: stop 92.50
09:43 einstein: what the heck
09:44 VO: stop 95.50
09:44 einstein: hit first and second targets off nice 123 on 15 min chart
09:47 koolblue: short from 697.00...one only
09:48 VO: flat 95.50
09:52 einstein: projec was to 92.5 fwiw
09:52 einstein: understand
09:53 prestwickdrive: 93.75 uva
09:53 koolblue: out at 695.00,...plus 2 there ...up 4.75 on the day
09:55 einstein: buying here?
09:56 einstein: was just thinking its also a 50% retrace of recent lo to hi move
09:56 einstein: projection off 60min is 720 I think
09:58 gila: 691.33 daily piv
09:59 einstein: I was using lo at 700 am to high of 900 am
10:05 koolblue: buying the projection!
10:06 icepick: I added on
10:08 VO: l 1 @ 88.50
10:09 VO: stopped 87
10:09 einstein: was that projection off the 5 min?
10:09 koolblue: long one from 697.50
10:12 koolblue: out at 89.75
10:12 palmer: wow NQ weak
10:12 koolblue: plus 2.25....up 7 now
10:16 palmer: VAL 680.55
10:17 einstein: was the projection for the last buy from the 5 min chart?
10:19 koolblue: chart posted
10:22 einstein: anyone who was trying to buy around 86 dont get where that projection came from 5 min chart?
10:22 Vast524: Good morning all. Had Ninja dramas today. Had reboot several times and took forever to load.
10:22 PT: morning Vast
10:22 einstein: sorry missed that thanks Kool
10:23 Margie: good morning Vast
10:24 einstein: I have 6.75
10:26 PashaLV: Goodmorning all!
10:26 PT: good morning Pasha
10:27 Margie: good morning, Kool, only coffee this morning,
10:28 Margie: thks Kool, I will
10:30 VO: s 1 @85.25
10:30 PashaLV: s@ 85 target 81.50
10:32 koolblue: sold one more at 686.25,the 1 min minimum projection
10:33 koolblue: now short 2@ at avg 685.50
10:34 koolblue: one covered at 684.25...plus 1.25...now up 8.25...
10:35 VO: stop 85
10:35 PashaLV: flat 82.50
10:35 einstein: nice call there Kool
10:36 koolblue: out the other at 682.25...
10:36 PashaLV: L@ 81.50
10:36 PashaLV: VO,,, great!
10:36 palmer: ui am short from 692
10:37 palmer: riding this
10:37 koolblue: 3.25 on that half...up 11.50
10:37 Vast524: great trade Palmer
10:37 PashaLV: palmer, I told , you my hero!
10:37 parson: excellent
10:40 PashaLV: long from 81.50.. expecting 86
10:42 Margie: I'll send it right over Kool, pigeon on the way
10:43 PashaLV: out@ 83..
10:43 myptofvu: Pigeon? careful Kool I dont think thats cream
10:43 Vast524: Neighbors gave ne 5lbs of "Kona Coffee" for christmas. Very nice. Not sure that I would pay for it though. Very expensive toget it here. About US$150
10:44 Margie: I wouldn't give Kool anything but the best!
10:44 einstein: might be mini hi here
10:44 gila: its very expensive here too
10:44 VO: stop 84.25
10:45 akola: what is ur target guyz
10:45 akola: ?
10:45 akola: for todays lows
10:45 einstein: looking to sell 85.5
10:46 gila: gs dropping
10:47 Vast524: S @ 82.75
10:47 einstein: 1 min projection negated
10:47 Vast524: 1st target 77.5
10:47 Vast524: Watch it go up
10:48 Margie: Vast, kick the crap out of em
10:48 Margie: 676 1 min proj
10:48 Vast524: Folow th e rules Vast
10:48 PashaLV: VO, our 75.50 level is not far..
10:49 myptofvu: Sell this Swine..I didn't want to steal VO's "Pig" trademark
10:50 VO: flat 79
10:51 einstein: great trade VO
10:52 palmer: out 678 +14
10:52 Vast524: 1st target met
10:52 Margie: Pt, we all would love that
10:52 Margie: Vasty, go
10:52 Vast524: Pants have changed colour
10:53 Vast524: flat
10:54 Margie: Vast, well done
10:54 PT: good trade Vast
10:54 einstein: congrats vast
10:54 Vast524: breathing deeply.
10:54 Vast524: ABC entry
10:54 Vast524: 82.50
10:55 einstein: mini hi around 1101ish?
10:56 LordAlfa: Sorry for the silence. I am on sim testing a new strategy from my forex pals from the banks. Shorted TF, NQ, YM and NQ. I'll post the results. Uses 15 min intervals.
10:56 LordAlfa: All flat.
10:57 LordAlfa: devilish
10:57 karen: through yesterday's low
10:58 jt143: any thoughts on the 262 on the daily at 73?
11:01 PashaLV: buy order @ 71.25
11:01 Margie: obama talking...
11:02 Margie: PT< watch out, shields up
11:02 Vast524: Does he ever stop talking?
11:03 gila: trinq 3.04
11:04 myptofvu: No Vast he doesn't
11:04 koolblue: out at 686.50...plus 1.75...up 13.25
11:04 gila: he just talks brags
11:06 einstein: is that based on 1000 am hourly candle?
11:06 gila: I guess when he speaks its a sell signal
11:07 prestwickdrive: worse than bush
11:07 myptofvu: yeah the Obama indicator
11:08 parson: did he quit?
11:09 parson: talking, that is.
11:09 Margie: yes, done
11:10 parson: whew!
11:10 VO: l @ 76.25
11:10 VO: stop 74.25
11:11 koolblue: CHART POSTED...
11:11 VO: 1 @ 78.25
11:12 VO: stop 76.50
11:12 PashaLV: S 78..25
11:14 PashaLV: flat be.. wrong enr
11:14 VO: offering 80 = 161.8
11:14 Vast524: x2
11:15 Vast524: Love too.
11:15 Margie: Vast I want to go surfing
11:16 Vast524: We could have a Kool Trading seminar here
11:16 Margie: Just tell me when Kool, I'll go
11:16 Vast524: They don't like redheads
11:16 Margie: I'll be in disguise Vast
11:16 einstein: bbl- thanks everyone for your patience and help its a pleasure to participate in this forum. thanks again
11:16 Vast524: Plenty of White Pointers at the beach
11:17 Vast524: Cya Einstein
11:17 einstein: yes cya
11:17 Margie: einsten, cya later
11:17 VO: stop 76.75
11:20 myptofvu: brb
11:21 Vast524: And VO looks
11:21 VO: flat
11:22 PashaLV: S@ 77,50
11:22 LordAlfa: I'll post my results on my sim that the forex boys uses. Looks feasible. You can select your entry in advance and targets. And your targets depending on whether you would like the 2 pt or 5 pt. Plus it uses the 15 min chart. Kools deadly projection works on the 15 min.
11:22 Vast524: Its the Alphalfa growing out of his head
11:22 LordAlfa: SeedNee
11:22 Vast524: Thats it toa tee
11:23 Vast524: You wasted it Kool.
11:23 Vast524: Don Johnson look.
11:23 LordAlfa: And a Testarossa
11:24 Vast524: That is wrong that they ban card counting.
11:24 Margie: thats just wrong
11:25 LordAlfa: Michael Jackson on tour earned 300M USD but his debt is 1B USD.
11:25 Margie: oh yeah, that makes everything all better
11:25 Vast524: Knew a guy in South Africa that counted. He was always very careful about winning too much.
11:27 LordAlfa: Singapore is going to start 2 casinos. Sands. Ask your ex to get a job here. They need skilled labor.
11:28 PashaLV: My target 73.25
11:29 LordAlfa: The gov has the money. This is a plan to suck money from those cash rich China men selling tainted milk products and dodgy electronics.
11:30 VO: l 1 @ 76.75
11:30 PashaLV: flat be
11:30 Vast524: L @ 6.75
11:30 Vast524: 80.25 target
11:31 LordAlfa: Missed the entry.
11:31 Vast524: yep
11:31 VO: stop be
11:32 Vast524: hehehehe
11:32 Margie: You leave my Kool alone
11:32 koolblue: plus 3!... out at
11:33 Vast524: WooHoo
11:33 VO: flat 80.50
11:33 Margie: Vast, u da man
11:33 Vast524: Only took x1 then. Trying to be smart
11:34 Vast524: Trying to preserve what I have
11:34 koolblue: 3.25...now up 16.50!
11:35 koolblue: sold 680.75... out at 679.75...plus one..up 17.50
11:37 gila: congrat kool
11:39 koolblue: yes I am!
11:39 Vast524: I can still see him
11:39 Margie: kool, I cant see u
11:40 Margie: no
11:40 koolblue: im here!!!
11:40 Margie: I see your posts
11:40 Margie: behave
11:43 Vast524: L @ 77.5
11:43 Vast524: stopped
11:54 jt143: singles 82
11:54 prestwickdrive: 81.25-82.25 here
11:56 prestwickdrive: dva 76.75-92.25 here, dpoc 86.25
11:57 Vast524: How do you use this info though? There is an indicator though out there I can get
11:57 Vast524: Free indicator on the forum
11:58 Vast524: OK
11:58 jt143: vo, how's the map looking from here?
11:58 koolblue: actual proj from the 673.75 low using the entire one min move before a retrace is 682.91...call it 683.00
12:01 prestwickdrive: now dva shifted here to 74.0-88.75
12:01 VO: s 1 @ 78.50
12:01 PashaLV: S@ 78.75
12:01 prestwickdrive: dpoc 79.0
12:01 VO: stop 80.25
12:01 VO: stopped
12:02 PashaLV: off 80.25
12:02 jt143: prest 79? I have 86.25 for tpo's and 89 for vol
12:04 prestwickdrive: 73.75-88.25 now, dpoc 79.25
12:04 palmer: well
12:04 jt143: my vol was wrong its 78
12:05 palmer: 15, 30 and 60 looks lik ethey are forming bear flags
12:05 prestwickdrive: ok ... I think it has to be within the value range
12:07 PashaLV: S 81.50
12:08 koolblue: selling 682.75
12:12 Margie: 687 upside deadly?
12:15 koolblue: current deadly up is 688.25...untill 673.75 is touched again
12:15 Margie: I have to use 2 candles to get 688.25
12:16 Margie: thanks Kool
12:17 koolblue: short one from 682.75
12:18 PashaLV: add short @83
12:19 PashaLV: S@ 83 order canselled
12:19 koolblue: out at 679.75
12:20 koolblue: plus 3 on that scalp...over 20 to the good now
12:23 Margie: dow is flat on the day
12:26 PashaLV: flat 77.50
12:26 Vast524: Zzzzzzzzzzzzzzzzzzzzzzz
12:26 Vast524: He doesn't usually hang around during lunch I think. Too slow
12:27 Vast524: Remember, he's one of the "Big Boys" So lunchis important. lol
12:33 Margie: He laughs all the time
12:33 koolblue: out at 687.25 fot a one tick loss
12:33 koolblue: back in 10 min
12:36 palmer: anyone have the downside projection
12:36 palmer: on the 15
12:37 Margie: 674.75
12:37 Margie: 667.75
12:37 palmer: that's what I was getting
12:37 palmer: but didn't we trade below it
12:38 Margie: my 12:30 candle
12:38 palmer: yep 1 candle proj
12:39 palmer: I see that one
12:41 palmer: short76.50
12:41 palmer: looking for 74.
12:43 palmer: out
12:43 palmer: +2.5
12:43 palmer: +22 on the day
12:43 gila: great palmer
12:44 palmer: thanks
12:50 Vast524: Great job Palmer.
12:53 Vast524: Sleeping
12:53 Vast524: How come PWD
12:54 Margie: Kool, it doesnt sound like pizza
12:55 Margie: kool, Im sending you a roast or something, pigeon in route
13:00 koolblue: bingo on 675.75!...but no fill yet
13:03 Margie: 688.25 negated
13:03 koolblue: short from 675.25...had to chase cause I missed 5.75
13:09 koolblue: out at 673.50...plus 1.75 there
13:09 koolblue: ...up 22.25
13:15 gila: she sends out her emails which are great
13:23 Vast524: CYA
13:23 Vast524: 1 min projection met
13:24 koolblue: selling 682.50
13:24 koolblue: oops...672.50
13:24 Vast524: You're keen
13:26 PashaLV: selling @ 73
13:28 koolblue: short one at 682.50
13:29 koolblue: ooops..72.50!
13:34 Margie: I min prj 665
13:34 prestwickdrive: 665.25 = -100%ib
13:35 Margie: 1:46 mini lo?
13:42 PashaLV: target 666.75
13:42 koolblue: out at 669.00
13:42 koolblue: plus 3.5 there
13:43 koolblue: up 25.75
13:43 Vast524: good job Kool
13:43 Vast524: No sleep leads to better trading. lol
13:45 prestwickdrive: ldva now 70.75 here
13:46 Margie: 1 :52 poss next mini lo
13:47 palmer: cover +5.5
13:47 palmer: +27.5
13:47 Vast524: great day Palmer
13:47 palmer: thanks
13:48 palmer: you have hold them
13:53 palmer: short 671
13:53 jt143: all these pops are smalls
13:54 jt143: bigs bought a little on this last pop
13:54 prestwickdrive: need to go now. have a great weekend
13:54 jt143: tc
13:55 Vast524: CYA PWD.
14:00 koolblue: selling 673.00
14:00 koolblue: short one at 673.00
14:01 palmer: hmm interestin gpush
14:01 VO: s 1 @ 73.75
14:02 koolblue: stopped at 75.00for a loss of 2... up 22.75
14:05 VO: flat 72
14:06 VO: l 1 @ 73.75
14:10 VO: flat 74
14:19 koolblue: order cancelled ..waiting for a bounce for a upside proj to sell
14:21 koolblue: selling 671.50
14:26 koolblue: short one on a terrible fill at 670.00
14:30 gila: goog now pos 10 off lows
14:31 Vast524: s @ 72.25
14:31 koolblue: stopped at 673.50 loss of 3.5 ouch!... up 19.25 and sold again at 73.75
14:34 Vast524: I am turning Mumble off now
14:34 Vast524: lol
14:34 Vast524: Shut up lol
14:34 gila: vix nearhod
14:34 Margie: Vast, plug ur ears and trade ur trade
14:34 einstein: which hourly bar are u guys using for projection?
14:35 koolblue: out at 671.50
14:35 koolblue: plus 2.25 there ...now up 21.50
14:36 Vast524: 668.50 100%
14:36 VO: if it comes back through the ma ur in trouble
14:36 Vast524: Out BE
14:38 einstein: thanks will check it out
14:42 einstein: that's the candle I was using but in ninja the low is 85.50 vs what Kool has ie 82.25. Can anyone using ninja confirm the low of of the 1000 am candle?
14:42 PashaLV: L@ 71.25
14:43 Vast524: 689.75
14:43 Vast524: broken the arrow formation
14:43 PashaLV: out-2
14:45 palmer: out h68.50
14:45 palmer: +2.50
14:47 koolblue: short one at 669.75
14:50 Vast524: 689.75 Einstein
14:51 Margie: my ninja candle is 689.75
14:51 einstein: no rush
14:51 VO: s @ 68.75
14:53 Vast524: That was the low of the 10:00 Ninja time Ninja candle
14:53 koolblue: out at 668.50...plus 1.25 up 22.75
14:53 VO: 1 @ 68
14:56 VO: flat be
14:57 Margie: Gangs of New York
14:59 palmer: wow
14:59 palmer: n fill
14:59 jt143: numbers due
15:00 PashaLV: will go lower.. still holding
15:01 palmer: bye guys
15:02 palmer: next week
15:02 koolblue: out at 668.25...plus 1.75
15:02 palmer: +27
15:02 PashaLV: Have a nice weekend, Palmer !
15:02 koolblue: up 27.50
15:02 parson: Thank you, Palmer
15:02 Vast524: Great day palmer. Have a good WE. Good comeback from yesterday
15:02 palmer: I been done for about an hour
15:04 koolblue: out at 668.50..plus 2 on that half ...up 29
15:06 Vast524: JT are you still there
15:06 Margie: evil nember
15:06 Margie: number
15:07 Vast524: How did you get the u and the e mixed up. lol
15:07 jt143: vast yes
15:07 jt143: both groups at day lows
15:07 Margie: Vast, my brain doesnt work when it comes to the keyboard
15:08 PT: 682.25
15:08 Margie: I can outspell any one but type, absolutely moronic
15:09 einstein: thanks
15:09 einstein: the other time frames seem to be in synch
15:10 VO: s 1 @ 68
15:13 PashaLV: [email protected]
15:13 PashaLV: sorry, 68.50
15:14 Vast524: You must be usig the same charts as Kool Pasha lol
15:14 PashaLV: stop 69.25
15:15 PashaLV: stopped
15:16 koolblue: stopped 69.75
15:16 VO: stopped 69.25
15:16 koolblue: loss of 2.... up 27
15:17 Vast524: lol
15:17 PashaLV: S@70
15:20 PashaLV: stop@ 71.. target 63.25
15:29 PashaLV: anybody short here?
15:31 PashaLV: stop @ be
15:32 jt143: I thought it was just for show
15:34 PashaLV: stopped..
15:35 koolblue: stopped at 672.50
15:39 Vast524: 666.7
15:39 Vast524: 666
15:41 icepick: wow hey kool, just quit your job you'll get more sleep
15:42 jt143: kool what do you do?
15:43 icepick: I still keep asking for percocets, but no response :)
15:43 jt143: whoa, that's better then trading
15:43 jt143: just reroute one, lol
15:43 Haku: what does kool do?
15:44 koolblue: run a shipping dept for the worlds largest drug wholesaler
15:44 jt143: if it can hold 79 let it go
15:44 Margie: 3:51 poss hi
15:44 wirechild: The columbia mafia?
15:45 PashaLV: S@77
15:45 Margie: 78.75
15:45 Haku: oh, cool, kool
15:45 PashaLV: damn.. stopped
15:46 jt143: pt go get some candy corn and put a stop in
15:46 Margie: addanother candle 696.75
15:46 jt143: good one
15:46 Margie: pt, (applause)
15:47 Margie: Vasty
15:47 icepick: holy krap - you got some cajone's pt
15:48 Vast524: love it Kool
15:49 Vast524: Couldn't miss it
15:49 gila: im trying to get brave you guys are great
15:50 icepick: today marks the end of 5 weeks in a row of even, or positive. stupid trade this a.m. dug too deep a hole to get out of, but did manage to claw 1/2 way back
15:51 Vast524: Well done Icepick. Loss will keep you focused.
15:51 icepick: every DAY for 5 wks, exclusive of today
15:52 icepick: yeah - but blew 1/2 the week's profits just on today - but ur right , keep me focused
15:52 LordAlfa: Good morning. 5am here. Just woke up. Dead tired week.
15:53 LordAlfa: 682 projection up
15:53 icepick: yeah - we want our money's worth :)
15:54 LordAlfa: Put her on the mic.
15:56 icepick: we don't want to interrupt, we need you, kool
15:56 VO: s @ 82.75
15:57 icepick: i've never been as successful b4 joining this room - honest
15:57 Bary: was gone all day just came in
15:57 PashaLV: Finally I found myselfe in trading.. It was a very very long and paitfull way. Thank you, guys for teaching me, for everything what you are doing.
15:57 Bary: still learning
15:58 Bary: don't know how to use mic
15:58 Bary: appriciate your help
15:58 miltk: res://ieframe.dll/navcancl.htm#http://i've%20learned%20a%20lot%20these%20past%20few%20months.%20i%20wish%20i%20had%20this%20teaching%20before%20i%20blew%20my%20account%20out%20in%20october.%20i'm%20taking%20my%20time%20getting%20back%20into%20it%20for%20real.%20i%20want%20to%20trade%20for%20a%20living%20and%20this%20has%20helped%20immensely%20towards%20getting%20me%20there.%20thank%20you%20to%20all%20for%20your%20advice,%20and%20assistance.
15:59 LordAlfa: I don't talk much. I am Asian and we like to SMS, MSN and type.
16:00 Bary: bye now
16:00 icepick: cya kool
16:00 PashaLV: See you Kool !
16:00 Vast524: Cya Kool. Thanks a lot
16:01 jt143: tc
16:01 Margie: byebye kool
16:01 Vast524: Bye Jim Bob
16:03 koolblue: good night Mary-ellen!
16:03 LordAlfa: Now using 2 bar projection on 1 min. 686
16:04 jt143: mptofvu, 86 was settleemnt, make them prove that want to close it above...just a thought
16:04 jt143: that they want to
16:12 LordAlfa: bingo?
16:12 Bary: how do I use the push to talk
16:14 LordAlfa: COnfigure- Settings - Transmit - Push to Talk
16:14 Bary: them what do I push, what key
16:14 LordAlfa: Shortcuts, tick suppress, highlight the PTT field. Press Crtl-Alt
16:15 LordAlfa: To PTT, Crtl Alt
16:15 LordAlfa: Does not interfere with typing unless you want to Crtl-Alt-Del. :-P
16:15 LordAlfa: Then do the test
16:16 LordAlfa: Press and hold
16:17 LordAlfa: press - hold Ctrl-Alt and speak into the mic
16:18 Haku: have a fun weekend everyone
16:18 Margie: Haku, take care
16:20 PashaLV: It was another great day for me.. Have a great weekend, friends!
16:21 Vast524: Great day Pasha. Well done
16:21 Margie: Pasa, u take care
16:21 Margie: Pasha
16:21 Margie: forgive the typing
16:22 PashaLV: Margie .. :-)
16:27 gila: have a great weekend everyone thanks
16:28 Margie: gila, have a nice weekend
16:28 Bary: back here to
Monday, March 9th

07:21 LordAlfa: Hi Palmer
07:21 LordAlfa: Hi all traders.
07:22 palmer: Hi LA
07:23 palmer: just having my morning tea
07:23 LordAlfa: Well. traded on Euro opening. Ugly Deadly 15.
07:24 palmer: I haven't even looked at anythign yet
07:24 LordAlfa: Only MSD and Schering merger boosted it little
07:24 palmer: u sing that 3:15 candle for your 15
07:24 LordAlfa: current 5 min from 0540 and 0715 projects 83-84
07:25 LordAlfa: Yes. 0315 DST
07:25 LordAlfa: 1 hr ahead. skrood up time
07:26 LordAlfa: I am still using the EST time. Let me adjust forward.
07:26 palmer: I jus noticed my ninja time has not gone 1 hour forward yet
07:26 palmer: so that is really 4:15 candle
07:26 LordAlfa: Same here. I think it is windows.
07:26 LordAlfa: Ninja uses the time from Windows.
07:26 palmer: hmm
07:26 palmer: my computer has the right time though
07:27 LordAlfa: What time? 0724?
07:27 palmer: yep
07:27 LordAlfa: Huh? My ninja on 1 min currently 0726
07:28 LordAlfa: I think we will mee 83-84 area first by the looks of it. I have a flight tomorrow. +13.25 now. tired last week. trded badly.
07:30 LordAlfa: ABC from the bottom 670.25, 679.75 673.50 has 100% at 83.50. All seems coming together.
07:30 palmer: llet me reboot my compuet LA
07:30 palmer: see if that solved the time
07:31 LordAlfa: ok.
07:34 palmer: hmm didn't help
07:36 LordAlfa: double clik the time on the bottom right.
07:36 LordAlfa: Internet Time tab
07:36 LordAlfa: update now.
07:36 palmer: I did that
07:36 LordAlfa: did you do automatic sync
07:36 palmer: but when I restarted ninja it didn't take in the charts
07:36 palmer: so I rebooted
07:36 palmer: but it is same
07:37 LordAlfa: Call Ninja
07:44 LordAlfa: OK. As long as you guys have Windows Media Player, you can get Bloomberg Streams on this web link.
07:44 LordAlfa: http://www.bloomberg.com/streams/video/LiveBTV200.asxx
07:56 palmer: next push up should be 7 waves on the 1 min LA
08:01 LordAlfa: Looks like it. It made higher lows and higher highers on the 5min. Hope it gets to 84 level for the short.
08:01 palmer: diving though
08:01 palmer: :)
08:01 LordAlfa: looks like only 2 wave up on 5 min
08:02 palmer: I guess we will see very soon
08:02 LordAlfa: Did you call Ninja
08:02 palmer: not yet
08:02 LordAlfa: Caught below PTs avg and Kools avg
08:04 LordAlfa: MSD buys Schering for 41.1B
08:06 LordAlfa: On hindsight, as long as 673.50 is not taken out, upside is still possible to 84
08:07 LordAlfa: sorry 74.50
08:07 palmer: that 74 area is line in the sand
08:07 palmer: very important to hold
08:07 palmer: in my opinion
08:07 LordAlfa: Yes. we still have only 2 waves up on 5 min
08:08 LordAlfa: Looks complicated in medication. J&J may bid for Schering
08:09 LordAlfa: We have 7-8 waves down on 5 min.
08:10 LordAlfa: Alan Greenberg interviewed Bloomberg
08:29 Bary: palmer, r u still having trouble w/ninja, I am now
08:30 LordAlfa: Weak market. I think failed to go higher.
08:32 LordAlfa: Its gonna retest 665.75 the 3rd time and this time its gonna break it.
08:32 LordAlfa: 2 wave up on 5 min 2 wave up on 15 min
08:34 palmer: I sent them an email LA
08:34 palmer: I have to leave the house for a few
08:36 LordAlfa: Better to call. See you later
08:37 LordAlfa: Did I see a gap on the 1min?
08:38 parson: I see it.
08:48 LordAlfa: GM is at 1.45!!
09:01 Bary: reboot puter, ninja good
09:13 Bary: anyone hear from Vast? did he do ok during the storm
09:23 PashaLV: Morning friends !
09:24 Margie: Good morning!
09:24 LordAlfa: Hi
09:24 Bary: gm
09:25 LordAlfa: Banks in europe gotten beaten badly
09:25 Margie: I blame Vast
09:25 Margie: :)
09:25 LordAlfa: entry 85 - out 75.75
09:26 Margie: good job LA
09:28 LordAlfa: South China Sea. Clear waters
09:33 LordAlfa: 665.75
09:34 LordAlfa: I have 2 projection on the 15 min. 684.75 and 686.00
09:35 LordAlfa: noticed they hit the 100% on the down abc and bounced.
09:37 LordAlfa: L 77.50
09:37 VO: L @ 77.50
09:37 VO: stop 75
09:38 LordAlfa: Nice projection up on the 5 min
09:41 LordAlfa: Stop BE +1
09:45 VO: 1 @ 82.50
09:45 PashaLV: sell order @ 84.75
09:46 LordAlfa: stop 87.25
09:49 VO: stop 80.50
09:49 LordAlfa: Yep
09:50 VO: 1 @ 84.25
09:51 LordAlfa: Still riding
09:51 einstein: I have 85.5 as 5 min projection just met any comments?
09:52 LordAlfa: stop 83.50
09:54 einstein: I have 695.25
09:55 LordAlfa: I have 97.25
09:55 prestwickdrive: uva 85.0
09:55 einstein: I used the entire move from 545
09:56 einstein: the high was 680.75 on 615 candle
09:56 PashaLV: add s@ 88.50
09:59 einstein: pt did u short because of globex high or something else
10:00 einstein: I min jprojectin 64.25
10:01 jt143: bigs were diverging into the prev high fwiw
10:02 LordAlfa: stopped.
10:02 einstein: nice trade VO
10:02 VO: stopped 84
10:03 einstein: that 1 min projection was 83.25
10:03 LordAlfa: +19.25. Call it quits. I have a flight at 5am. I'll keep you guys company until I sleep in 2 hours.
10:04 LordAlfa: I hate it that they stop me at 83.50 and turn up. Bastards!!!
10:05 LordAlfa: I hate them
10:07 Bary: 38.2 ret was 83.25, s1 @83
10:12 Bary: 15m from 3 bars is 97
10:13 Bary: 5:45- 6;15
10:13 einstein: I used the low of 671 to high of 680.50 on 615 candle which gives a projection of 695.25 fwiw
10:14 einstein: 15 min chart
10:14 LordAlfa: 80.75. It gives. 97
10:15 LordAlfa: Big bar 0945 open gives 97.25
10:15 einstein: checking
10:15 Bary: yes on ninja
10:15 Bary: 4 bars
10:17 Ugo75: What future are you employing?
10:20 Bary: what do you mean? 161.8 fib?
10:21 Bary: 4 bar price projection
10:22 Ugo75: are you employing index or march future or june future?
10:23 Bary: esh9 or es3 09
10:30 einstein: 1 min projectin of entire move is around 687
10:31 einstein: PT did u short becuz globex high?
10:32 einstein: now I see an abc up there in retrospect
10:35 Vast524: l @690.50
10:35 Vast524: I am trading from my raft
10:35 Vast524: lol
10:36 Bary: glad u made it
10:36 Vast524: Got the Sat phone going. lol Not bad. Bit hard to see at 12"30am
10:36 Vast524: Stopped
10:38 Margie: PT, good one
10:38 einstein: great trade PT
10:40 einstein: 15 min proje down is 681ish
10:40 einstein: yes
10:40 LordAlfa: 82
10:40 LordAlfa: 81.75 to be exact
10:45 Vast524: Yes we hope so. The storm surge was the next worry. At one stage there it was predicted to be 12"
10:45 einstein: gm Kool
10:45 Vast524: We are being protected by Fraser Island.
10:47 Bary: missed it
10:48 Bary: damn
10:48 Vast524: Currently blowing SE. About 15-25 knots
10:48 Bary: y
10:50 Bary: is this an abc from73.75/94.75/85.25 or does it have to ret. more?
10:51 Vast524: s @688.50
10:52 Vast524: 684.25 1st target
10:53 Bary: that sux
10:53 koolblue: 15 min deadly was 693.75-696.00....achieved....
10:53 koolblue: now signalling 681.00
10:54 Bary: why did you short, 3/9 cross?
10:54 Vast524: Not sure to use the smaller ABC or the BIgger ABC?
10:54 koolblue: unless 694.75 is touched again
10:55 koolblue: going below 674 was a very bearish devolpment ,however... keep that in mind!
10:55 PashaLV: L@ 86.50 stop@ 85.75 target 91.50
10:55 koolblue: the hourly proj down remains in effect
10:58 PashaLV: out be
11:01 palmer: 681? ddeadly
11:01 Margie: 681.25 I have as 15 min deadly
11:01 einstein: thats what I have palmer one bar projection
11:02 Vast524: Well I got out at BE with that. Didn't trade the plan and got hurt. Didn't wait to move the stop to BE until the B point met. Silly
11:04 einstein: mini hi around 1104?
11:04 koolblue: sold (one only) on the 15 min gimme, at 693.75, covered 3 points later..up 5.25 on the day
11:04 einstein: looking to short 1 min bollinger average
11:05 koolblue: thx to 2.25 from globex last nite
11:05 akola: H&S pattern on 1 min chart
11:05 einstein: s 86.25
11:06 LordAlfa: Good entry einstein
11:06 akola: I got 5 pts on nq but I didnt took it
11:06 akola: damm
11:07 einstein: got out +1.25 need to leave screen for a bit
11:07 einstein: damn should have held
11:07 gila1: obama speakinh in 40 min get ready to short lol
11:08 akola: this time market goes higher
11:10 gila1: hes supposedly speaking on stem cells
11:11 einstein: that confluence of 100ema and bollinger average was a great sell spot- got out way too soon
11:11 koolblue: told where the deadly was!
11:11 einstein: you long Kool?
11:12 koolblue: tried for 681.75...too slow!
11:13 einstein: with your experience you obviously have a lot of faith in the 15 min deadly- I still seem to need some proof of bullishness such as a 123
11:14 einstein: 1 min proj 86.5 fwiw
11:15 einstein: may not get there with this bearish trend
11:16 einstein: mini high around 1117
11:17 einstein: leaving for a few min
11:21 VO: s @ 83.75
11:21 Bary: is the 15m deadly 697 still valid
11:21 VO: stop 85.25
11:21 Vast524: s @ 83.5 Target 679.25
11:22 Vast524: Cya LA
11:23 Bary: have a good holiday
11:23 Margie: tks La
11:23 Margie: enjoy
11:23 LordAlfa: Thanks and bye.
11:23 Vast524: So BE
11:23 VO: stop be
11:25 koolblue: s one at 683.00
11:25 Vast524: flat
11:26 einstein: Ok off to do some errands hopefully back this afternoon good luck all
11:26 VO: flat
11:30 Vast524: bye kool.
11:30 Bary: cya kool
11:31 Vast524: 7 wqaves down as well.
11:32 Vast524: sorry. Waves
11:32 PashaLV: [email protected]
11:43 Bary: is this a valid abc on the 5m and 15m
11:47 Vast524: l @ 85
11:47 Vast524: 87 target
11:52 myptofvu: The Obamanator
11:53 gila1: someone should tell him to get off tv forever
11:53 icepick: the "Obamafactor" - you could probably make a movie out that pt :)
11:53 jt143: gila I have, doesnt seem to be working
11:54 icepick: either that or he could come on fox news after O'Reilly
11:55 Vast524: flat for me.
11:55 gila1: or he can go on at 3am
11:55 PT: what's Obama talking about ?
11:56 icepick: yeah - kill the markets right from the start of the day
11:56 Margie: stem cell research
11:56 Margie: yeah
11:56 Margie: I have it on mute, and read the subtitles
11:56 prestwickdrive: embryonic stem cell research
11:56 jt143: he wants to build an army of orakei
11:57 Haku: is that a pork plan?
11:57 parson: doesm't he have enough to do, already?
11:57 VO: short @ 86.25...stopped @ 83.50
11:57 gila1: -700 ticks
11:58 icepick: he's honing his "deflection" skills
11:58 palmer: I am short
11:58 icepick: wish I was
12:01 Margie: donenow
12:01 Margie: finished talking
12:09 gila1: dry shipping index strong today gold down 16 923.2 oil up
12:24 jt143: small buying big flat to sell
12:25 prestwickdrive: ty
12:25 jt143: bigs overall are sellers, about -12k
12:26 prestwickdrive: I have bigs net flat now so the 100+lot size bigs must be the difference
12:27 prestwickdrive: pit session
12:28 PashaLV: looking to sell 91.75-93 area
12:29 Vast524: 7 waves again I think to the up
12:29 jt143: guy on cnbc talking about s/p to 633-650 areas fwiw
12:31 jt143: yeah, some old guy, lol
12:32 jt143: lol
12:32 Margie: I think I can see alittle of the bag
12:39 prestwickdrive: dva 82-89.75, dpoc 85.0
12:39 prestwickdrive: TRIN now .39
12:48 kittste: Hi guys. New kid here. Mind if I sit at the back of the room and try and learn a thing or two?
12:48 icepick: welcome
12:52 VO: kittste are u on mumble?
12:52 kittste: I had tried to set it up, but I guess I is not working for me :(
12:53 VO: ok...perhaps PT can get u going when market closes
12:53 VO: regardless...welcome
12:53 PT: http://www.mypivots.com/forum/topic.asp?TOPIC_ID=3783
13:02 VO: s @ 82.25
13:03 VO: 1 @ 80.50
13:03 VO: try for deadly
13:06 PashaLV: L@81
13:08 PashaLV: stopped
13:09 VO: stop be
13:13 VO: flat 77..50
13:14 Vast524: great trade
13:20 prestwickdrive: 80% rule in effect to 68.5 fwiw
13:26 VO: s @ 77.50
13:27 jt143: gotta get those stops at 70 and below
13:27 prestwickdrive: ib low 74.25
13:28 VO: flat be
13:34 jt143: kool's daily range gives us 60-64 if highs are in fwiw
13:35 einstein: back
13:35 einstein: fwiw my 15 min projection is is 660- any comments welcome
13:37 einstein: pausing at 78% of last major bullish move
13:37 Margie: poc 675
13:37 prestwickdrive: 84.25 here
13:37 jt143: 84.75 tpos, 86.25 for volume
13:38 jt143: we're building acceptnce at last wks low value
13:38 prestwickdrive: ldva 79.75 here
13:39 einstein: 1 min proj 82.75
13:41 einstein: s 79.25
13:42 einstein: yes
13:42 einstein: out +1 at boll average
13:43 einstein: back in a bit
13:56 PashaLV: S@ 81
14:01 jt143: big and smalls been buying since 76 low
14:03 VO: l @ 80.25
14:04 VO: stop be
14:06 VO: 1 @ 82.50
14:08 palmer: is today last day of es march>??
14:08 VO: stop 81
14:09 PashaLV: add s@ 83.50
14:11 jt143: from a bullish perspective, shorts at their best today were only able to take back 20% of the total net longs from the move eod friday
14:11 jt143: speaking in terms of volume of course
14:14 VO: flat 83.25
14:17 PT: banged their head on that dpoc
14:19 VO: s 1 @ 82
14:20 Ugo75: koolblue: are you short?
14:21 koolblue: now I am
14:21 koolblue: from 682.25
14:21 Ugo75: what the target?
14:22 koolblue: around 669-70
14:22 Ugo75: and the stop?
14:22 koolblue: initially...680.00
14:22 einstein: 80.25 1 min chart projection minimum
14:23 Ugo75: thanks
14:23 einstein: is the 669 target off the 5 min chart Kool?
14:25 koolblue: yes also the 15.min deadly
14:25 koolblue: actual proj is 671.25
14:26 einstein: which candle on the 15 min?
14:26 einstein: 1415
14:26 einstein: great trade
14:26 koolblue: out at 679.25
14:27 koolblue: ..plus 3 there...now up 7.25
14:27 VO: stop 81.50
14:29 einstein: 1030 and 1045 candles on the 15 min give projectin 670ish
14:29 prestwickdrive: ldva now 78.25
14:30 koolblue: 15 min is a 2 candle proj. from the high at 694.75 to the next candle low at 685.25
14:30 koolblue: proj is 669.88
14:31 einstein: OK yes those are the 2 candles I posted, thnx Kool
14:31 koolblue: I misspoke earlier about 71.25
14:32 einstein: I noticed when market turned up at 1330 the projection off the 1330 candle was684 which was hit and then we headed back down
14:32 PashaLV: covered 1 @ 79
14:32 koolblue: selling 681.75
14:34 VO: stop 81
14:39 jt143: this
14:40 Vast524: on top of the pivot calculations page
14:40 icepick: i'm glad the ides of march is on sunday
14:40 PashaLV: up 6.25 and still holding 1
14:41 Haku: any projections for tomorrow?
14:42 PashaLV: flat.. up 11.25 for the day
14:42 koolblue: projections dont work that way ,Haku
14:42 Haku: awww
14:43 koolblue: cycles however do
14:43 trader999: Larry mentioned possible rally 3/4-3/7(significant), Looks to be negated?
14:43 Haku: oh, okay...
14:45 jt143: big -10k, small 11k and coppy
14:45 VO: stop 80
14:46 trader999: thanks kool
14:47 jt143: mine is coming from openecry
14:47 jt143: yeah
14:48 jt143: its about as good as ninja
14:50 VO: flat 80
14:52 koolblue: ill sell 682.25(again)
14:54 einstein: filled at 682
14:55 einstein: out +1.5
14:56 koolblue: order cancelled...hit me but no fill
14:56 einstein: what broker do u use Kool?
14:58 koolblue: in the process of switching to mirus
15:00 einstein: reshorted for another +1
15:01 einstein: 1 min projectin 2 bars says 7.75
15:01 einstein: 77.75
15:04 koolblue: short one from 679.50
15:04 einstein: needs to break those averages for you Kool
15:07 einstein: its working for you Kool
15:07 einstein: drop you pig!
15:08 einstein: futures gods co-operating
15:08 prestwickdrive: 68.5 lva for 80%
15:09 koolblue: out at 677.25...plus 2.25
15:09 koolblue: up 9.50
15:10 einstein: mini low in 1 minute or so
15:19 PashaLV: order to buy @ 670.25
15:23 PashaLV: ty kool!
15:24 einstein: Kool having trouble hearing you
15:25 Haku: who did you say?
15:25 Haku: oh, okay....
15:28 TraderX: hi, what r u using for voice here? echat , ventrilo ?
15:28 koolblue: mumble
15:30 koolblue: selling the 676.00-676.75 area
15:30 PT: Trader X: the info on what we are using is in the bulletin
15:30 PT: if you click the bulletin button
15:31 VO: stop be
15:31 koolblue: short one from 676.25
15:32 koolblue: bingo...out at 674.50
15:33 koolblue: plus 1.75...up 11.25
15:33 einstein: nice trade KB
15:33 TraderX: tks PT
15:33 PT: X: just PM me if you need help
15:33 einstein: saw it caught 1.5
15:34 einstein: got out at boll average
15:34 einstein: missed the 15 min projectin by about 8 ticks
15:35 einstein: right. forgot about that duh!
15:35 einstein: Homer Simpson moment
15:35 kittste: I seem to have managed to get Mumble working for me :)
15:36 PT: good kitt
15:37 kittste: Yes I can
15:38 einstein: owe it all to you Kool- but I am going at it slowly
15:38 einstein: also I dont trade everyday- usually only in morning
15:39 einstein: need to thank VO and PT as well
15:42 icepick: kool, summertime= light volume, have u noticed any difference in ur signals, as in their effectiveness
15:47 icepick: thks, and yes ur right, and why I asked!
15:51 Vast524: Thanks Kool. Cya
15:51 Bary: thx kool
15:51 einstein: thanks kool
15:51 Margie: Kool, great day, take care
15:51 icepick: cya kool,
15:51 PashaLV: Buy order @ 69.50
15:52 PashaLV: see you, kool !
15:57 palmer: bye gang
15:57 palmer: see you tomorrow
15:57 Haku: bye
15:57 PashaLV: L@ 74 target 78.25
15:58 PashaLV: sorry 74.75
16:04 Vast524: No.
16:04 PashaLV: flat -1 here
16:04 Vast524: High tide is at 8:00 am (2 hrs from now.) Will see what happens. Could be 3 feet
16:05 Vast524: Too early on the sell ABC. Got stopped there
16:06 Vast524: Don't know.
16:07 Vast524: Not me
16:07 Vast524: 12:15 sell was also ok
16:09 Vast524: Had good entry, and went 3 handles, but then retraced to BE.
16:09 Vast524: Happened at least 3 times today
16:11 Vast524: 2
16:11 Vast524: 1st is 100%. Weren't met at all today
16:11 Vast524: For me anyway.
16:13 Vast524: thats right
16:14 Vast524: Will try again tomoorow if I am still here and not washed/blown away. lol
16:15 Vast524: 6:00am here now
16:15 Margie: no Forrest gimp, shrimping
16:15 Margie: Gumo, sorry
16:15 Margie: Gump
16:15 Bary: thx all, cu tomorrow
16:16 Vast524: I think Forest Gimp is from one of those other movies. lol
16:16 Margie: im dying
16:16 Margie: need to hire typist
16:18 PashaLV: ok, what's going on?
16:18 Margie: that would be good
16:19 Haku: speech "dragon"
16:19 PashaLV: Oh, ok... summer time in USA??
16:23 PashaLV: Latvia..
16:23 PashaLV: Snowfall today
16:24 PashaLV: Mirus
16:25 PashaLV: Yes, I used TS, but Ninja is MORE fast
16:27 Margie: Everyone, enjoy your evening,
16:27 Margie: Good Night
16:27 PashaLV: Have a nice evening, Margie )
16:52 PashaLV: See you tomorrow friends!
17:21 johntrader: gn anyone
19:18 stb: cu PT
19:18 PT: thx stb
07:27 PT: good morning
07:42 You have a PM from PT
07:43 Margie: good morning!
07:44 Robin: Morning :)
07:47 palmer: morning gang
07:51 parson: gm
08:03 You have a PM from PT
08:04 Margie: 15 min 698 and 686.75, anybody else have any proj?
08:59 Bary: gm, lets trade
09:01 johntrader: gm folks
09:02 gila: bernanke speaking
09:03 VO: selling 89.50 if we get there
09:03 Haku: gm
09:04 prestwickdrive: Reuters flash - SEC not planning suspension of mark to market
09:04 palmer: I sold 91
09:06 VO: s 1 @ 87.50...will add another if they can bounce it
09:25 prestwickdrive: glbx dva 673.5-687.75, dpoc 682.5 tpo, dpoc 683.25 vol
09:26 koolblue: selling here
09:26 Vast524: GM Kool and all
09:26 koolblue: .886 of the entire globex high to low
09:26 Bary: gm kool
09:27 Margie: Good morning :)
09:27 koolblue: and 1 min price proj was 689.75
09:29 koolblue: short one from 689.50
09:29 VO: s 1 @ 90.50...avg 89
09:31 parson: s [email protected]
09:34 VO: stopped 92.25
09:35 VO: s 1 @ 93
09:35 koolblue: stopped at 691.75...loss of 2.25
09:36 VO: flat 91
09:41 VO: s @ 9450
09:43 koolblue: short 2 @695.50
09:45 koolblue: reason for my entry....the 15 min gimmee
09:45 Bary: 95.75 is 15m proj using 4bars 22:45 to 23:30 globex
09:45 Bary: in on gimmee for 1 pt
09:49 koolblue: stopped at 698.00 loss of 2.5 on 2 es...down 7.25 for the day
09:49 Vast524: 15min gimmee Kool?
09:50 koolblue: selling again here!
09:50 koolblue: short a couple from 699.00
09:54 Bary: is 1m proj off the 3 bars at 9:31 to 9:33 giving 701 valid
09:55 Bary: me to
09:56 koolblue: out at 699.25 loss of 2 ticks...watching
10:05 VO: s @ 1.5
10:06 jt143: uncheck daylight savings and manually change the time
10:07 PT: thanks jt, I tried that but ninja still thinks it an hour earlier
10:07 Vast524: Need to shut down NInja and restart it
10:08 PT: yep I tried that also
10:08 PT: shut down the whole computer ... lol
10:09 jt143: cut power to the house, lol
10:09 VO: stopped 2.75
10:10 jt143: above the 3 area its light resistnce to 10-12
10:13 PT: I may have to move to central time zone to sync up these charts !
10:14 VO: s @ 4
10:14 Vast524: Charts will not change unless you reboot NInja I believe. It won't do it on the fly.
10:14 Margie: did you reload data
10:15 PT: yep did all that
10:18 jt143: bigs already at +34k
10:20 Margie: PT, trying pouring some water over it, that'll do something
10:20 Margie: It was good
10:20 Margie: no burn...
10:22 parson: how 'bought a hammer:)
10:29 koolblue: SHORT FROM 705.00
10:33 PT: IB = 19.25 points
10:35 koolblue: short from 705.00(nervously)
10:38 koolblue: out at 703.50...plus 1.5...now down 6
10:39 Bary: watching, want to by
10:39 Bary: tempted here
10:44 koolblue: stopped at b.e. on the other half...watching
10:47 PDQ: Kool, you're projected price down sets up a 5 minute Grail Buy entry.....
10:48 PDQ: 20 EMA is at 700.05 now....
10:48 Bary: l@ 705.25
10:48 PDQ: 5 minute timeframe...
10:49 PDQ: 701 is likely..
10:52 Bary: out 1.5 pt
10:54 Bary: not on ninja 610t
10:55 Bary: different here
10:58 Bary: vast u there
10:59 Vast524: yep
10:59 Vast524: Down
10:59 Vast524: Got stopped
10:59 Vast524: Still here
10:59 Vast524: It is a pain in the butt trading from the raft though. lol
11:00 Bary: hey vast, does the computer time effect the charts on ninja or any other charting software
11:01 Vast524: Winds have died down, Cyclone moved out to sea, and has been downgraded. May turn into a low and cross land inthe next few days. Very glad it didn't do what it could have. Would have made a big mess.
11:02 koolblue: out one at 705.00..plus 2,and the other off at 704.75 ..plus 2.25...still down 1.75 on the day
11:02 Vast524: Need to sync the PC clock regularly tokeep your charts in time.
11:02 Bary: maybe that's why our charts might be different, even just a few seconds
11:03 jt143: barry, do u run a clock sync daily?
11:04 Bary: interesting, can affect trade entry like that abc we just talked about
11:04 Bary: no I don't, how?
11:05 Vast524: I sync my PC clock every 1hr.
11:06 Vast524: Need to google for a PC Clock sync tool. Lots around. Edits your registry.
11:06 Bary: ok thx
11:09 jt143: barry "about time " is very good, used it for yrs
11:10 Bary: just did one, thx all
11:13 PT: 1/2 @ 3
11:14 VO: 1 @ 3
11:18 PashaLV: Good morning all !
11:19 Vast524: Only on the beach
11:19 Margie: Good morning, Pasha
11:19 VO: add 4.50...avg 4.25
11:19 Margie: Vast, ur in trouble
11:19 Vast524: NO. But they are around here though. Friends have caught them.
11:20 Vast524: Generally on the East side of Fraser Island. We get Tiger, Bull and Hammerheads though on this side of Fraser. Have seen them
11:21 koolblue: short one from 705.25
11:22 Vast524: Same here. Especially in the canals around Brisbane and the Gold Coast. They like dirty water (as in cloudy muddy water)
11:22 Vast524: Sydney of late has had x3 attacks.
11:23 Margie: Madoff arriving at courthouse
11:30 koolblue: sellthis piglet!!!!
11:31 VO: stopped 7.50
11:32 koolblue: stopped at 707.25...loss of 2 ..now down 3.75
11:35 koolblue: chart posted...in the private room
11:36 Margie: thank you Kool
11:40 Bary: just put that proj on 60m to keep track, thx kool
11:44 Bary: using 5 bars from 9;15 15m today, 736.5
11:59 PashaLV: sell order @ 711
12:01 koolblue: short 2 @ avg price 710.75
12:02 PashaLV: add @713.75
12:02 jt143: if bans on shorting didnt work..............
12:03 VO: s 1 @ 12.50
12:04 jt143: mnthly upper value here fwiw
12:04 jt143: dva for march
12:07 koolblue: stopped at 13.75..loss of 3 ...twice!..now down 9.75
12:08 jt143: ther gonna go back to work on the low /mid 20 resistnce
12:11 koolblue: short again 714.25
12:11 PashaLV: stop @717.25
12:11 PT: short 13.75
12:11 jt143: bigs bought 30k on this last move up
12:12 Margie: I had a 17.5
12:15 koolblue: out at 712.50...plus 1.75 on 2..
12:16 koolblue: down 6.25...ugh!!!
12:18 PashaLV: Target 710
12:20 palmer: maybe we get 2 back to back tick readings
12:20 palmer: and then we sell
12:20 palmer: into the 45 day cycle
12:21 palmer: sweet set up
12:26 palmer: 16th - that's monday
12:26 Margie: Kool, enjoy
12:37 jt143: barney's comments seem a little speculative at this pt
12:37 jt143: re upticks
12:38 koolblue: buying 711.75...selling 717.25
12:38 prestwickdrive: so did barney's comments about the safety of fannie a few years ago. lol
12:40 jt143: a real piece of work
12:52 Margie: Kittste can u see this?
12:56 koolblue: buying 710.50
12:59 PT: I think there is a bug in echat
12:59 PT: covered 1/3 at 710.75
13:00 PT: stop to 13.75
13:00 VO: flat 10.75
13:04 koolblue: long from 711.00(2 es)
13:08 koolblue: covered at 710.25..loss of 3 ticks times 2
13:08 PashaLV: Uffff finally.. flat @10 plus 4.75 on 2
13:08 koolblue: down 7.75...and buying 2 at 707 and change
13:10 PashaLV: ty, guys
13:10 palmer: nice
13:17 PashaLV: Obama keeps silience.. market is frozen
13:22 VO: s @ 11.50
13:22 VO: stop 13
13:25 koolblue: [email protected]
13:29 VO: stop be
13:30 koolblue: covered one at 710.00..plus 2.25...still down 5.5
13:31 koolblue: exiting the other at 709.00
13:34 VO: flat
13:36 PT: flat at 13
13:36 koolblue: stopped at b.ev. on that half...watching for 717-718
13:38 koolblue: buying 712.00
13:43 VO: l @ 12.75
13:43 VO: stop 11.75
13:45 VO: 1 @ 15
13:45 VO: stop 13.25
13:47 VO: flat 15.25
13:48 Bary: 15m proj 16.25 10:45 2 bar
13:51 koolblue: long 713.75
13:52 Bary: should we use the 13:30 bar or the 13.45 bar (or both) for next 15m proj
13:53 koolblue: 13:30 bar
13:53 koolblue: 718.00
13:55 PT: short 714.00
13:58 myptofvu: Damn Batman trade and I only took it for 1 point
14:00 koolblue: ugh...stopped again at 710.75...loss of 3
14:02 VO: l 1 @ 11.25
14:02 VO: stop 10
14:08 VO: flat 12.50
14:08 koolblue: short 2 at 712.50
14:11 PT: moved stop to 713.75
14:12 koolblue: out both at 710.50...plus 2 on 2 es.. down 4.5 now
14:12 koolblue: all day long!!!!
14:13 PashaLV: excellent entries, guys! my unfilled@ 13.((
14:18 PT: covered 1/3 at 709.00
14:18 VO: l 1 @ 8.75
14:21 VO: flat 10
14:23 PashaLV: S@710
14:29 koolblue: out 711.25...plus 2.25 on 2 es...now flat on the day...yipeeee!!!!!
14:36 PT: flat 713.75
14:37 koolblue: long one from 712.75
14:37 koolblue: one only
14:45 einstein: came in light observation mode only
14:46 Vast524: They are worse than lawyers. They never loose
14:46 Bary: what broker
14:47 Bary: heard of them
14:47 Bary: futures and forex
14:48 Vast524: Get VO to call them. He is real subtle. lol
14:48 jt143: go to mirus or something similar
14:48 Bary: i'm just starting with mirus
14:48 Margie: I won against my broker once
14:49 VO: s @ 10.75
14:50 VO: stop be
14:50 koolblue: stopped out down 3.25 now
14:50 koolblue: buying here'
14:50 VO: 1 @ 8
14:51 jt143: fast/fix?
14:51 Bary: check elitetrader.com for reviews
14:52 VO: flat 7.50
14:52 Vast524: great trade Vo
14:52 koolblue: covering ...
14:52 PT: nice trade VO
14:53 VO: ty
14:53 koolblue: in at 7.50out at 8.50 plus 1
14:56 Bary: r2 pivot, 706.42, of any importence?
14:57 Bary: 15m proj 700.5
14:57 Bary: or 698
14:58 Bary: it hesitated there on the way up
14:58 einstein: mini low here?
15:00 einstein: I have price proj of 712 but not selling
15:02 Vast524: Kool has
15:02 Bary: echo for sure
15:02 einstein: bad echo on mumble
15:02 einstein: better now
15:03 Vast524: We can hear you popping those Candy corn. lol
15:03 VO: l @ 12.50
15:04 Vast524: All that sugar dripping onto teh keyboard, mixed with Pizza and Red Bull spills lol
15:04 VO: 1 @ 13.50
15:05 VO: flat 12.75
15:07 VO: l 1 @ 13.50
15:09 VO: flat 14.50
15:15 einstein: came in late today and looking at 15 min chart was wondering what price projection bars you guys chose earlier in the day
15:15 einstein: thnx Kool- I will check it out
15:19 koolblue: one covered at 712.00
15:19 koolblue: plus 0.75
15:21 einstein: if you take a big abc on 15 min chart using 3:00,6:30 and 9:15 the second target at 261.8 called the daily top within 3 ticks. any comments
15:21 koolblue: covered 710.75 on the other half
15:24 PashaLV: L@ 712.50 to 719
15:25 PashaLV: stop@ 11.25
15:29 einstein: what chart service to you guys use to get $TICK?
15:30 einstein: you cant get it with ninja zenfire
15:30 PashaLV: stop @12.75
15:34 PashaLV: flat@ 16,25
15:34 PT: good trade Pasha
15:34 PashaLV: thanks, PT
15:35 koolblue: sold 717.00 out at 14.75
15:36 koolblue: looking to buy 12.50 or sell 18.25 now
15:41 einstein: 18.25 being a gimme Kool?
15:42 VO: l @ 15.75
15:44 VO: flat 16.25
15:45 koolblue: no,but real close 18.75or so is the gimmee
15:46 koolblue: but that will get much higher in 2 min
15:46 koolblue: thats why there stalling
15:47 Bary: u know why they came down to 12.75, my stop loss
15:49 koolblue: long one 713.00
15:53 koolblue: out at 717.50
15:54 einstein: looking at mini hi around 1554
15:55 einstein: Kool when you have a strong uptrend like today do you usually find that the bearish projections are not met?
15:56 einstein: that was my next question. thanks
15:56 einstein: here's the mini top maybe
15:57 prestwickdrive: bigs +71k
16:02 PashaLV: Sell order @ 18.75
16:04 PT: short 719.00
16:04 koolblue: short one at 919.00
16:04 PashaLV: stop@ 21
16:04 gila: remember thurs is rollover march fut
16:05 PashaLV: stopped..
16:05 You have a PM from PT
16:06 koolblue: stopped at 721.25
16:07 Bary: bye kool
16:07 Margie: cya Kool, ty
16:08 einstein: by Kool
16:08 PashaLV: see you Kool!
16:12 prestwickdrive: TICK +1615 from Reuters now, +1532 from Schwab
16:12 John: Am I incorrect, or is this TICK value the highest since '89? I'm looking at eSignal dat.
16:13 John: data
16:13 jt143: 1529 here fwiw
16:13 prestwickdrive: could be John
16:13 jt143: vo, they needed more fuel for the downside, lol
16:15 palmer: wow those are huge tick readings
16:19 PashaLV: Have a nice evening friends! I get my points extremely hard today...
16:24 Margie: Pasha have a nice night, we're gonna get em really good tomorrow
Wed. March 11th

06:30 PT: short 729.00
06:31 PT: projection to 732.50 still outstanding
17:16 Ensign Howard is in room #1 to provide help if needed.
06:40 PT: covering half at 725.00
06:40 Robin: morning :)
06:40 PT: good morning Robin
06:40 Robin: I was going to short that per larry's numbers... but decided since I was leaving soon... best not to
06:40 PT: target 721.50
06:40 Robin: glad to see my analysis was correct
06:40 PT: yep nice abc
06:40 Robin: well.... larry's numbers helped
06:40 Robin: :)
06:40 PT: well 1-2-3 high actually
06:41 Robin: nice trade...
06:41 PT: thanks
06:41 PT: how your feeling this morning ?
06:41 Robin: did you get my emails... asking you to post charts?
06:41 Robin: ok... horrible night... but it'll be over soon:)
06:41 PT: yes I posted them up
06:41 Robin: thanks!
06:42 Robin: ok... have to go... see you later!!
06:42 PT: ok good luck Robin
06:42 Robin: thanks...
07:27 palmer: PT- you posted 2 charts about larry
07:27 palmer: I can't seem to view them
07:35 palmer: can anyone see the charts pt posted from larry??
08:51 prestwickdrive: those charts aren't visible to me either palmer
08:52 palmer: yep
08:52 palmer: I have no idea why
08:57 palmer: art cashen talking like he is planning for a retest of the lows
09:25 PashaLV: Good morning !
09:27 Margie: Good morning!
09:28 prestwickdrive: hi Margie
09:29 prestwickdrive: fwiw, bigs net +9500 through glbx, smalls -1k
09:30 prestwickdrive: glbx dva 715-725, dpoc 718
09:35 Vast524: gm vo
09:35 gila: gm
09:35 palmer: Morning
09:36 VO: L @ 20.75
09:38 PashaLV: L@ 18.25
09:39 einstein: gm
09:41 PashaLV: flat@ 21.25 +3 here
09:41 Margie: pwd, say again please
09:41 VO: flat 22
09:41 palmer: yes 716
09:41 einstein: I have 15.5
09:41 palmer: 2 candle proj
09:42 palmer: up 737
09:42 koolblue: bought 19.00,covered at 23.00
09:42 Margie: yes
09:42 koolblue: plus 4!...that was a gimmee!
09:42 einstein: same here
09:43 einstein: nice trade kool
09:43 palmer: morning Kool
09:44 einstein: I think the 32ish projection is still more in play
09:44 koolblue: chart posted
09:45 parson: earlier B 2@721,[email protected] (3.5 H )
09:46 Vast524: s @22.75
09:47 Vast524: stopped
09:47 gila: put call extremely lo mkt could drop
09:48 parson: tnk, gila
09:48 koolblue: short from 724.25
09:49 koolblue: stopped at 726.75...losss of 2.5...up 1.5 on the day.
09:52 parson: s [email protected]
09:53 gila: 7004
09:57 koolblue: short 2 from 732.00
09:59 koolblue: covered at 729.25....plus 2.75 on each...up 7 on the day
10:00 jt143: 33 futs gap is what I have
10:02 VO: 35.09 closes cash gap from 2/27
10:03 VO: s @ 29.50
10:04 VO: stop 31.50
10:07 koolblue: ill buy 725.50-726.00
10:11 VO: 1 @ 27.75
10:11 VO: stop 29
10:11 PashaLV: buy order @ 24.50
10:14 VO: flat 26.75
10:16 koolblue: selling one at 728.00
10:26 VO: s 1 @ 27
10:26 VO: stop 28.75
10:27 koolblue: current projections....daily 742(741.75)... 15 min 738(737.75)... 5 min and 1 min 724...(723.75)
10:28 VO: stopped
10:28 VO: L 1 @ 28.50
10:29 PashaLV: [email protected]
10:29 VO: stop 27
10:30 VO: stop be
10:31 koolblue: ill buy 727.50
10:32 VO: flat 30.50
10:33 VO: ty
10:34 PashaLV: add short @730.75
10:34 koolblue: or sell 733.25
10:35 PashaLV: stop 31.50 target 24.50
10:36 koolblue: sold one at 730.00, covered at 728.50...plus 1.5...up 8.5
10:38 koolblue: long one from 727.50
10:40 PashaLV: covered 1 @26.75 stop be
10:40 PashaLV: thank you
10:45 einstein: whats your target Kool?
10:46 VO: L 1 @ 27
10:46 PashaLV: [email protected]
10:46 VO: stop 25.75
10:47 VO: stopped
10:47 koolblue: stopped at 726.00...loss of 1.5...up 7
10:48 koolblue: looking for 723.75
10:49 PashaLV: flat @ 24.75 plus 8 on 2
10:50 Vast524: great trade Pasha
10:51 PashaLV: Thank you, Vast
11:05 gila: sell signal obama talking
11:07 VO: s @ 28.25
11:07 koolblue: short one at 828.00
11:08 koolblue: 3 point stop
11:12 VO: stop 29.25
11:12 VO: stopped
11:13 gila: stopped talking less protectionist policies by obama and geithner
11:18 einstein: is 737 projection on 15 min still valid?
11:19 koolblue: yes all the proj I gave still valid...including 723.75
11:22 einstein: Kool is see the 723.75 proj from 5 min but what about the 737.5 projection 5 min 515/530 candles. arent they both still valid (and conflicting??)
11:23 einstein: but both still valid right?
11:24 einstein: btw those were wrong candles I meant 940 candle
11:24 koolblue: out at 725.25...plus 2.75..up 9.75
11:24 koolblue: now long one from 823.75
11:25 koolblue: oopps! 723.75
11:26 koolblue: tight 2.5 stop
11:26 einstein: with you kool
11:26 gila: obama again on tv
11:32 einstein: wussed out at +1.25
11:33 einstein: boll average is strong and possible mini dtop
11:38 koolblue: stoppeed at 722.00...loss of 1.75...up 8 now
11:39 einstein: looking for 716 to be hit off of 15 min proj 10/1015candles
11:41 koolblue: missed my last long attempt at 720.75...watching
11:44 koolblue: buying 721.50
11:47 koolblue: long one at 721.50
11:52 VO: l @ 22.50
11:52 VO: stop 21
11:53 einstein: l 22.5
11:56 einstein: out at +1.25 just below 54ema
11:56 VO: 1 @ 24.25
11:56 einstein: but projection is 26.75
11:56 VO: stop be
11:56 einstein: nice call, Koolio
11:57 einstein: out to do errand back later
11:58 koolblue: out at 724.00...plus 2.5 there...now up 10.5 on the day....
12:01 VO: stop 23
12:04 VO: flat 25
12:14 PashaLV: S@ 24.25
12:17 prestwickdrive: fwiw bigs have bought and smalls sold since the 21 area
12:17 VO: zzzzzzzzzzzzzzzzz
12:18 prestwickdrive: feels like we have been open for much longer than it has been
12:22 koolblue: CHART POSTED...15 MIN ANALYSIS
12:26 PashaLV: target 20.25 stop @ be
12:29 PashaLV: flat@21.. plus 3.25 here
12:30 PashaLV: Thank you !
12:32 palmer: hey PT
12:32 palmer: can't see the chart you posted
12:32 palmer: today
12:34 Vast524: Histo supports a divergence on the 5min
12:35 Vast524: png is fine
12:36 John: You can't have any odd symbols in the name, like #, etc.
12:37 prestwickdrive: 710.5 is -50% ib
12:38 John: PT, read my 9:33 comment.
12:39 PT: ok
12:39 PashaLV: I think they are fishing on those who bought DB
12:41 prestwickdrive: bigs +21k, smalls -25k for pit session
12:41 PashaLV: [email protected]
12:41 prestwickdrive: bigs -18k
12:42 prestwickdrive: +18k
12:42 prestwickdrive: sorry
12:42 PT: Larry's charts should be fixed
12:42 prestwickdrive: ib bottom 17.75
12:43 palmer: thanks PT
12:45 palmer: yep working
12:48 Vast524: I thought you said "Piglet of the day" lol
12:51 tommitchell: Kool what chart and bars did you use for your last projection of 17.75 - 18 ?
12:53 PashaLV: out-1 @ 19.25
13:01 tommitchell: tried those did 2 and 3 bars never got it
13:01 tommitchell: 3 bar got close
13:01 tommitchell: a8.5 I think
13:02 tommitchell: 18.5
13:02 tommitchell: used high from 23
13:02 Haku: do we have 7 waves down yet?
13:03 VO: l @ 17.50
13:04 VO: flat 18.25
13:11 jt143: our last 2 dips on the 1 min was big money, though theyre still + on the day
13:12 jt143: from 722 roughly
13:13 prestwickdrive: 50-100 lots bought the last dip then, at least here
13:13 jt143: theyve only taken about 1/2 back so far
13:14 jt143: from the last dip
13:14 prestwickdrive: +10k to +15k here
13:14 kittste: 123456
13:15 kittste: Sorry
13:16 palmer: POC is 712.50
13:16 VO: L 1 @ 18.75
13:19 VO: flat 19.75
13:19 koolblue: selling 721.00
13:19 tommitchell: Kool what bars for the 21 projection?
13:20 tommitchell: got it thanks
13:20 koolblue: short 721.00
13:23 VO: s 1 @ 20.50
13:28 VO: flat 19.50
13:35 PashaLV: [email protected] stop 16.50
13:39 Haku: tommitchell.. which bars did he say?
13:41 tommitchell: sorry haku didnt see message
13:41 PashaLV: stop@ be and will ride them
13:41 tommitchell: low 16.75 to bar with 18.50 high
13:42 tommitchell: nice trade pasha
13:42 Haku: tnx tom
13:42 tommitchell: welcome
13:43 PashaLV: ty, tom
13:51 VO: s @ 21.75
13:52 VO: 1 @ 20.75
13:54 VO: stop 21.25
13:57 VO: stop 20.75
14:01 VO: flat
14:02 VO: l @ 20.75
14:06 VO: 1 @ 22.50
14:06 VO: stop be
14:08 VO: flat
14:08 VO: s1 @ 20.50
14:10 VO: flat 20
14:11 VO: s @ 19.75
14:11 VO: 1 @ 18.50
14:11 VO: stop 19.25
14:12 prestwickdrive: nice VO
14:12 VO: flat 17.50
14:15 PashaLV: flat @ be.. I was wrong about turning point
14:19 Ugo75: turning poit is close?
14:20 palmer: PT
14:20 palmer: POC =712.50
14:20 palmer: yep bonds flying
14:20 John: Rotation? Someone know something?
14:28 VO: L 1 @ 13.50
14:29 icepick: 13.75 for me
14:32 VO: flat 15
14:33 icepick: out 15.75 +2
14:35 VO: we might have bailed to soon pick
14:36 VO: s 1 @ 16
14:37 icepick: yeah - but I tried hangin on last week + got burned , bird in the hand for me from now on - although I sure do admire pt's trade last week!
14:38 palmer: l;ong 716
14:39 palmer: look like 7 waves on the 5 min
14:39 palmer: 713 stop
14:41 VO: flat 17
14:41 VO: will sell again
14:45 palmer: stop now 715
14:45 palmer: out +3
14:46 VO: offering 20.50
14:48 VO: s @ 20.50
14:56 VO: 1 @ 19.50
14:57 VO: flat
15:00 palmer: for me
15:00 palmer: it is yes and no
15:00 palmer: that short
15:01 palmer: dont know if they will take us higher into close
15:01 VO: chart will tell you
15:02 palmer: u right
15:05 VO: L 1 @ 19.50
15:05 VO: stop 18
15:06 VO: stop be
15:13 VO: stop 20...we will see what happens
15:16 PashaLV: [email protected]
15:23 VO: flat 24.50
15:23 VO: ty
15:23 icepick: nice vo
15:24 palmer: what's the tick doing?
15:25 palmer: THANKS
15:29 VO: s 1 @ 25.75
15:29 VO: pivot high as stop
15:35 Bary: small abc from the 14:30 bar low = 161.8 is 32.5 hod
15:35 Bary: 5m
15:42 VO: stopped 27
15:43 gila: rollover mar-june tomorrow
15:46 gila: nq march and june contracts same levels
15:46 gila: I know ym 50 pts
15:50 PT: short 726.50
15:53 VO: s @ 24.75
15:54 VO: stop 25.50
15:58 PT: 1/3 @ 722
15:59 VO: stop be
16:00 VO: 1 @ 21
16:03 VO: stop 23.75
16:11 palmer: poor finish
16:11 palmer: thought they would ramp us
16:11 palmer: what is the tick doing?
16:12 palmer: hmm
16:14 PashaLV: flat.. @20.. + 4.5 here
16:14 Margie: Pasha way to go!
16:14 Margie: ok
16:15 PashaLV: ty, Margie! Yes, VO today is my best winning day.. up 18.75
16:15 Vast524: Well done Pasha
16:15 Margie: Pasha, u deserve it
16:15 Bary: way to go
16:16 Margie: thanks for always sharing your trades
16:16 Margie: Pasha, hurry back, we'll wait here
16:17 PashaLV: ok, booking a ticket..
16:17 PT: great trading today Pasha
16:18 PashaLV: TY, friends.. i'm just learning from you
16:18 Margie: PT are u still in again?
16:19 PT: yes
16:19 PT: helping trader x
16:19 Margie: pt, good job
16:19 Margie: sorry
16:24 PashaLV: I didn't ride on this move up from 713.. expected a retrace to jump in, but no one of my projections wasn't met.. And now.. still can't see WHY the high was 728.. Any thoughts?
16:26 PashaLV: TY, VO !
16:28 PashaLV: See you tomorrow, friends! Have a nice evening !
16:29 Margie: Pasha, take care
16:38 Vast524: domestic duties
16:38 Vast524: flat
16:38 Vast524: be
16:39 Bary: lost a few points here still learning
16:39 Vast524: neutral, zero,not up or down lol
16:39 Bary: missed managed I think
16:40 Vast524: nope
16:40 Vast524: Sorry
16:40 Bary: I think I get out for a loss to soon
16:40 Bary: to tight stop
16:40 Bary: yes
16:40 Vast524: Coffee time. Need to wake up after beig up 8hrs
16:41 Margie: good night, pt and vo good luck with the trade, take care, and see you back here tomorrow
16:41 Bary: thx again all, i'll get it down soon
16:43 Bary: mostly 1
16:44 Bary: sometime I don't know why u enter a trade....yes it does..maybe I'll go 2
16:45 Bary: thats for sure
16:45 Bary: whats your intial stop loss, same all the time
16:47 Bary: ok thx guys
16:48 Bary: more confidence needed
16:50 Bary: did that sometime ago
16:51 Bary: too much emotions
16:52 icepick: vo, pt - I feel real fortunate for having literally stumbled upon this site - not to get religious or anything, but I feel you are "teaching us how to fish".
16:52 Bary: u get made for loosing then try to revenge trade
16:52 Bary: I agree ice
16:52 VO: ty pick... I appreciate that
16:53 Bary: mad
16:53 icepick: hope we can be here a long, long time
16:53 VO: it really is easy once you find out how hard it is
16:53 Bary: lol
16:54 Bary: i'll be here till I get it, I will prevail, thanks to this room and all in it
16:56 VO: Bary keep coming back here everyday...listen to EVERYTHING Kool and PT have to say and put it into practice and everything will work out
16:57 Bary: I will, thx vo
16:58 icepick: pt - I just got done reading "trading in the zone", and I see some similarities in your scaling in and out of trades - have u read that book?
16:58 Bary: lol
17:00 PT: icepick - yes , I recommend everyone read that book
17:02 icepick: my dog's dead
17:02 icepick: kicked him too much
17:02 icepick: :) jk
17:04 Bary: ok guys I have to run, again thx to all
17:05 Bary: I love that trade but usually miss it
17:05 PT: have a good evening Bary, see you tomorrow
17:05 Bary: absolutely
17:06 Bary: bye guys
17:06 icepick: i'm new to profitability
17:07 Bary: new to this type of trading
17:07 icepick: since i've been here
17:07 Bary: been trading many years
17:07 Bary: thats me
17:09 VO: congrats pick
17:09 Bary: yes I agree
17:10 icepick: tks vo - can't emphasize enough how I much I appreciate you guys
17:16 Bary: hate to leave this conversation but gotta go, thx a million guys, see ya tomorrow
17:17 VO: see ya buddy
17:17 icepick: cu2mrw bary
17:21 icepick: gotta go cya vo, pt
17:22 VO: ok guys tomorrow it is
17:30 VO: u hear that chuggin boys...thats VO and an ice cold Mich Light!
18:29 palmer: tomorrow we start trading JUNE?
18:35 karen: yes
19:53 VO: holding an overnight short from 24.75...moving stop to 22
22:35 VO: flat 16.50
22:51 gila: great trade vo good night
06:46 PT: morning Robin
06:46 Robin: Morning :)
06:54 PT: projections keep showing 705
06:55 PT: 50% retrace is at 702.25
06:55 PT: and 1.272 of the wave 4 is 703.50
06:59 PT: 20 ema on the 120 minute chart is at 704.5
06:59 PT: 20 ema on the 60 minute chart is at 708.75
07:03 PT: 1 bar projection on the 60 minute chart is 710.75
07:54 palmer: morning gang
07:55 Robin: Morning palmer
08:31 palmer: wow
08:31 palmer: had a short @ 18.25
08:31 palmer: no fill
08:32 palmer: be back in an hour
08:36 Bary: gm all
08:52 gila: pfizer pfe halted pancreatic cancer drug since its working so well
08:53 gila: gm everybody thx robin for all your emails
08:55 gila: june front month
09:12 jt143: ge just cut by s/p
09:17 prestwickdrive: and the market and stock goes up
09:17 prestwickdrive: sentiment is changing
09:22 jt143: they were expecting worse I guess
09:26 PashaLV: Good morning friends!
09:27 Margie: Good Morning!
09:30 Bary: gm pash
09:30 Bary: gm
09:32 PashaLV: VO, you mean ugly tick and volume charts?
09:33 PashaLV: will send them email now..
09:37 VO: s @ 16.25
09:38 karen: has anyone been speaking? just checking my audio
09:38 karen: y
09:38 karen: thks!
09:39 gila: gold up
09:40 VO: 1 @ 14.25
09:40 VO: stop be
09:41 palmer: cover +4.5
09:41 palmer: from 718
09:42 palmer: from a 7 wave up on the 5 min
09:42 prestwickdrive: when does the glbx session end? lol
09:44 VO: flat 12.50
09:44 palmer: VO 2 ugly red candles on the 5
09:46 palmer: looks like 705 area
09:48 palmer: they selling this pig!
09:48 palmer: selling 714.50 if we get there
09:49 palmer: change to 715 which is the VAL
09:50 VO: l 1 @ 13.50
09:51 VO: offering 14.50
09:55 palmer: anyone know what time is that mark to market speech/ discussion today?
09:56 VO: flat
09:57 einstein: nice trade VO
09:57 PashaLV: S@16
09:58 PashaLV: flat 15
10:01 PashaLV: Damn.. no fill @ 18.75
10:02 PashaLV: S@ 18.75
10:13 VO: s @ 22.25
10:16 PashaLV: stopped@ 22 - 3.25 here
10:17 VO: flat be
10:19 einstein: my 15 min projection is 725.25
10:19 Margie: thats what I have
10:19 PashaLV: S@ 23.50
10:20 einstein: thanx Margie
10:21 VO: s @ 25.50
10:21 PashaLV: stopped -2
10:23 VO: stop 27.75
10:31 PashaLV: S@25. target 21.25 stop 27
10:33 VO: 1 @ 23.75
10:34 VO: stop be
10:39 Bary: vo is that an abc on the 610t, a=727.5
10:40 VO: yes
10:40 Bary: projection 722?
10:41 VO: 1st = 23.75
10:41 VO: 161.8 = 22
10:41 VO: flat
10:41 Bary: thx
10:43 PashaLV: stopped- 2 down 4.25 for the day
10:46 einstein: bulls in control- I am looking at 60 min chart now with projection of 736ish fwiw
10:46 PashaLV: will sell @ 34.25 then 39
11:00 PT: short 733.00 (march)
11:01 Vast524: If you could sell into the June you would make 5pts . lol
11:02 Margie: PT when do you rollover
11:03 Margie: thanks pt
11:04 Bary: whats up with ninja, mine seems ok
11:04 prestwickdrive: 11.25
11:04 Vast524: He is attending the Glbx AA meeting tonight. It kicks of at 7:30pm
11:05 Vast524: lol
11:05 Bary: tick
11:05 Bary: 610
11:06 Vast524: Seems to be only the tick and volume charts. Minute charts are fine
11:07 Bary: u r right, it look screwed up early today
11:10 Vast524: When doesn't he talk.
11:10 palmer: SOAP OPERA
11:11 Bary: not another soap opera
11:11 gila: yes short signals everytime
11:11 jt143: a lack of...
11:11 Vast524: lol
11:12 einstein: mini low coming up
11:12 jt143: i'm waiting for obama to say get over it the way jamie did yesterday
11:14 gila: madoff ging to jail today
11:16 Vast524: Bill is in the mail
11:19 gila: his cell looks like a lot of studio apts in nyc
11:21 jt143: yeah gila, except the city throws bubba in for no extra charge
11:21 Margie: the bubba factor may make it a little different
11:22 Vast524: didn't get filled
11:23 VO: l ! @ 26.75
11:23 Bary: am I wrong thinking that all ma's are pointing up so we should look to go long
11:24 VO: bullish gartley if they hold the 78.6 or 25.25
11:25 Bary: it just went red, june
11:28 einstein: going into work- prob back on monday- best of luck everyone
11:29 Vast524: cya Einstein. Have fun
11:29 Vast524: NIce ledge here PT
11:29 Bary: Vo whats the entry point if it holds
11:30 VO: higher close would work
11:38 PT: stop 730.75 (march)
11:40 PT: flat
11:42 VO: stop be
11:43 VO: flat
11:45 VO: f em
11:48 VO: s @ 29.25
11:48 VO: stop 31.25
11:53 PT: short 33 again
11:54 PT: 78.6 retrace on my 5 minute chart
11:55 PT: was at 34
11:55 palmer: short 29
11:57 palmer: cover 27.50
11:58 palmer: covering
11:59 PT: stop 733.25
12:08 PT: flat
12:09 VO: stopped
12:13 Vast524: gm kool
12:14 icepick: gm kool
12:14 Margie: good morning
12:14 PashaLV: gm kool
12:18 palmer: isn't the daily projection 742
12:19 palmer: on the march anyways
12:19 koolblue: yes...15 min deadly also...
12:19 koolblue: basis March
12:23 koolblue: buying 729.75
12:24 prestwickdrive: weird BAV action ... right now for H contract bigs +29k, smalls -11k; M contract bigs -1k, smalls +20k
12:25 Vast524: PWD. Kool is asking for you on Mumble
12:25 Vast524: YEp
12:25 Margie: yes
12:25 Vast524: All your friends do. lol
12:26 jt143: bigs on buy side for both contracts here
12:27 jt143: about 7k for jun, 16k march
12:35 koolblue: one covered at 732.00..
12:35 Vast524: june is 32.50
12:36 koolblue: plus 2.25 there...holding the other with abreakeven stop now
12:36 koolblue: 729.75
12:37 palmer: kool- I think that you tradin june
12:38 Vast524: When he gets out f bed.
12:40 TraderX: they put madoff in jail for life.
12:41 VO: where he belongs
12:42 jt143: maybe a turkish at best
12:42 jt143: turkish jail
12:52 prestwickdrive: M 50% ib ext.=35.75
12:56 prestwickdrive: lots of big buying
12:56 koolblue: out at 734.00..plus 4.25 ther
13:01 VO: s @ 36
13:01 koolblue: short from 735.50..this time one only
13:03 VO: 1 @ 34
13:16 koolblue: still short one from 735.50
13:16 koolblue: looking for 730 area
13:17 koolblue: but will exit consevatively at 733.50(june)
13:22 VO: stopped 36.50
13:26 koolblue: exited 733.50...plus 2 on that one
13:29 palmer: huge divergence
13:29 Vast524: How did you manage your stop up there?
13:31 Vast524: Either you or PT
13:31 Vast524: yes
13:32 Vast524: OK. I understood Vo's method, but wasn't sure about yours or PT's
13:32 Vast524: thanks
13:39 koolblue: selling one at 735.75
13:40 koolblue: short one from 735.75
13:40 koolblue: stop 738.25
13:49 Margie: 1:50
13:55 Haku: does anyone have a 741 number for a high?
13:56 karen: I think this is rollover madness
13:57 koolblue: 741.50 for a projection
13:58 Haku: cool, kool!
14:12 Vast524: Are you still short PT from ages ago?
14:13 koolblue: stopped at 738.25...loss of 2.5 one one es
14:13 PT: I just got stopped also Vast
14:13 koolblue: up 4 on the day
14:14 Vast524: ok.
14:16 koolblue: selling 741.25
14:16 PashaLV: s@ 40.75
14:19 PashaLV: flat be.. think too early
14:19 PashaLV: for short
14:20 koolblue: short a couple from 741.25
14:21 koolblue: covering one at 740.25
14:23 koolblue: out one at 740.25...plus 1 there and up 5 on the day
14:27 gila: I think they are trying t bring june up to march levels
14:34 Vast524: Where do you have your stop PT? Just above the high?
14:35 koolblue: mines at 743.25, but will be lowering it soon
14:37 Vast524: very unusual
14:37 Vast524: ok
14:38 Vast524: understand
14:46 koolblue: ugh! stopped at 743.25...loss of 2 on that half ...up 3 on the day
14:47 koolblue: selling 744.25
14:48 PashaLV: S@43
14:51 koolblue: short one from 744.25(so I can add higher if necessary)
14:55 koolblue: out at 743.00..plus 1.25 on one es
14:55 koolblue: up 4 again and watching
14:56 gila: gs close to 2 weeks ago level
15:00 PashaLV: flat 42.25
15:07 palmer: did you hear
15:07 palmer: some other room kidnapped him
15:07 palmer: :)
15:07 palmer: VO where are thou
15:08 palmer: :)
15:14 gila: vix 41.10
15:14 Vast524: [email protected]
15:15 Vast524: [email protected]
15:18 Vast524: flat
15:18 Vast524: ty
15:18 Margie: vast, good one!
15:21 koolblue: long from 732.25
15:21 Ugo75: 732.25 or 742.25?
15:21 koolblue: sorry...743.25
15:21 koolblue: 2 es
15:22 Ugo75: target?
15:22 koolblue: 47 ish
15:22 Ugo75: thanks!
15:23 koolblue: actually 747.75
15:26 koolblue: stop 740.75 cause of a possibility of 739.00
15:28 koolblue: need to touch 745.00 again to negate that!
15:33 koolblue: good! touched 745.00
15:33 koolblue: now can we get to 47?
15:37 koolblue: exiting 746.50
15:38 koolblue: all in all out on this trade
15:40 koolblue: out at 746.50..plus 3.25 on 2 es
15:41 koolblue: up 10.25 and done for the day
15:41 Ugo75: and now down?
15:43 palmer: what the tick doing
15:46 PashaLV: order to sell @ 750
15:56 PashaLV: canceling my order. i'm wrong.. by 2 ticks..
15:59 Margie: thnaks kool
15:59 Vast524: Thanks Kool
15:59 Bary: cya kool
15:59 PashaLV: see you Kool!
16:00 palmer: what's the tick like
16:01 Vast524: Do you think we have hit our high this year Kool?
16:01 palmer: PT
16:01 palmer: crazy day
16:01 koolblue: this year?...naw.. I doubt that
16:01 Vast524: ok
16:02 koolblue: yearly high more likely around 1070 late in the year
16:02 koolblue: but we might be close to a hort term one
16:03 koolblue: see ya tomorrow!
16:03 Vast524: You want to hold over the globex againPT
16:04 Ugo75: koolblue, close up or down 750?
16:09 palmer: any tick readings
16:10 Vast524: Did you short PT?
16:11 Bary: holding over
16:11 Vast524: You holding again for the globex.
16:12 palmer: what was the tick PT?
16:12 Bary: what does that indicate?
16:14 gila: http://www.bloomberg.com/apps/news?pid=20601213&sid=aXhs9g9il2rk&refer=home


--------------------------------------------------------------------------------
16:14 gila: interesting article shows best trade long globex short during the day
16:18 Bary: c u all tomoro
16:18 PashaLV: See you, PT !
16:18 Margie: see ya tomorrow, PT, thanks for another great day.
16:18 PashaLV: And i'm off too.. Have a nice evening to everyone!
16:19 Vast524: cya
Friday, March 13th

07:14 PT: good morning kool
07:15 palmer: Morning gang
07:15 PT: good morning palmer
07:16 palmer: hey PT
07:16 koolblue: good morning traders!
07:16 palmer: kool posted a chart with the deadly
07:16 koolblue: chart posted
07:17 palmer: another high tick
07:18 palmer: +1237
07:21 koolblue: as expected...
07:23 PashaLV: Good morning Kool, Palmer, PT and everyone..
07:23 palmer: morning pasha
07:23 koolblue: morning friend
07:28 koolblue: back in a few min. ...still doing my 'homework'!
08:05 koolblue: short one at 757.75
08:06 Bary: gm
08:07 koolblue: will take 753.50 if they give it to me
08:07 koolblue: correction... short from 755.75
08:08 palmer: 1237
08:20 Margie: Good morning, everyone, TGIF!
08:20 PT: good morning Margie
08:22 koolblue: got my exit at 753.50..plus 2.25 there and up 2.25 on the session...watching
08:26 koolblue: areas to watch today: on the upside ...766.75, 771, 794.50... on the downside...748.50, 735-738, 730-732
08:31 gila: trade deficit
08:34 Bary: kool, on the 5m proj would u use the high of the green at 7:10 and low of one of the next red or the high of the red
08:36 Bary: ok thx
08:38 Bary: if the wick was alot higher as in the 15m right now, what do we use, same tough choice?
08:39 koolblue: current projections down if 758.25 isnt touched again ...5 min 749.00,...hourly ...748.25
08:54 PashaLV: S@ 55.25 stop@ 57.25 target 49.50
08:56 PashaLV: Morning! Margie, Bary, Gila
08:57 PashaLV: I shorted before @55.75, got be.. reshorted now
08:58 PashaLV: GO BABY !!
08:58 PashaLV: h pt
08:58 Bary: gm pash, nice trade
08:59 palmer: art cashen worried about volume
08:59 PashaLV: thank you guys
09:00 palmer: I guess nobody think this will last
09:01 palmer: well seem like the floor guys think it is just a bear market rally
09:01 palmer: they all seem cautious
09:01 palmer: hehe me too
09:01 palmer: :)
09:01 palmer: love that we got high ticks again
09:06 palmer: that's a red flag too on the rally sustainablility- fund outflows increasing
09:08 Bary: just want to make sure I understand the tick reading, it is bullish for the next day?
09:11 Bary: no
09:12 Bary: wow
09:12 Bary: by puts!!!!!
09:15 Bary: I have some put spreads i'll habe to keep an eye on
09:15 Bary: have
09:16 Bary: I trade them in my ira
09:16 Bary: spreads
09:29 prestwickdrive: CNBC - "imbalance of big buy orders sitting for the open on the NYSE", fwiw
09:29 Margie: thks pwd
09:33 koolblue: buying 748.50
09:33 prestwickdrive: thanks for nothing CNBC. lol
09:36 PashaLV: my target 47.50..
09:38 koolblue: out one at 750.25...plus 1.75
09:39 PashaLV: morning VO
09:40 koolblue: out the other half at 751.00
09:41 koolblue: plus 2.5 there and now up 6.5 on the day
09:42 VO: l @ 50.50
09:43 VO: stop be
09:44 VO: flat
09:47 palmer: feel heavy
09:49 koolblue: bought 745.75, covering at 748.00
09:49 koolblue: one es only ...plus 2.25...up 8.75 on the day
09:50 koolblue: mini high 9:52? and low at 10:11?
09:51 VO: s @ 49
09:52 VO: stop 51
09:52 PashaLV: closed short @ 747.50 plus 7.75 here.. bought@ same price and closed +0.75 flat now
09:53 PashaLV: 8.5 up for the day
09:56 palmer: headed lower into the mini peak
09:58 VO: flat 49.75
10:00 koolblue: short one at 749.00..tight stop 751.25
10:02 koolblue: stopped at 751.25..loss of 2.25...up 6.5 now
10:03 koolblue: watching
10:04 gila: cons cof better than expected
10:05 VO: s @ 51
10:05 VO: stop 52.25
10:05 VO: flat
10:06 PashaLV: sell order @ 53.50
10:10 VO: s @ 54.50
10:10 VO: stop 56
10:14 koolblue: buying 752.00
10:15 PashaLV: flat +0.5
10:23 koolblue: order cancelled
10:27 gila: feb2o closing numbers 770 7354 1172.75 409.7 wonder if we will get there
10:27 PashaLV: nice, PT .. !
10:33 VO: 1 @ 48.25
10:33 VO: 1 @ 47
10:34 VO: stop 52
10:35 koolblue: long 2 at 746.75
10:36 koolblue: out one at 748.50
10:36 koolblue: plus 1.75, now up 5
10:42 gila: larry summers speaking imminently
10:44 gila: mich mcconnell on cnbc he is the republican who is against all of obamas policies etc
10:44 koolblue: out at 759.25 on the last half...plus 2.5 ...up 7.5 now
10:44 gila: trin hod
10:48 VO: flat
10:50 VO: s 1 @ 53.75
10:51 VO: stop 54.25
10:54 VO: flat 51
10:54 koolblue: bying one at 759.50t
10:54 koolblue: oops...749.50
10:57 VO: l 1 @ 49.25
10:58 VO: stopped 48.25
11:03 koolblue: stopped at 746.50..loss of 3...now up 4.5
11:04 VO: l 1 @ 48.75
11:07 VO: flat 48
11:13 palmer: VAH 744.25
11:17 prestwickdrive: dva 46.5-52.75
11:19 karen: thks pwd
11:20 prestwickdrive: dpoc 49.5
11:21 Bary: well gotta go to work today, make some $ to pay for my trading habit, maybe back for last hour. hope you all grab some points
11:22 VO: s 1 @ 44
11:25 gila: bernanke on 60 min sunday night
11:27 prestwickdrive: 3/17
11:27 VO: flat 46
11:27 prestwickdrive: next one after 4/28-29
11:27 gila: thx pwd
11:28 VO: s 1 @ 45.75
11:34 VO: flat be
11:39 prestwickdrive: next singles from yest. 37.75-38.75, -50%ib=40.75, -100%=35.75
11:55 koolblue: CHART POSTED...
11:59 koolblue: short from 742.00
11:59 Ugo75: thanks
12:07 prestwickdrive: dva 44.0-52.5, dpoc 48.0
12:13 VO: s @ 42.50
12:16 VO: 1 @ 41
12:17 VO: stop be
12:18 gila: vix trin hod
12:19 koolblue: out both at 739.75...plus 2.25
12:19 koolblue: on both ...up 8.5
12:19 VO: flat 39.50
12:19 koolblue: buying 2 @ 738.50
12:38 gila: summers saying ,mkt is on sale at 1966 prices
12:39 koolblue: short one at 743.00
12:44 koolblue: flat at b.e.
12:49 prestwickdrive: bigs +9k
12:50 prestwickdrive: +12k
12:51 prestwickdrive: +9500
12:53 VO: s 1 @ 44.75
12:54 VO: stop 46.75
12:55 prestwickdrive: crude lod
12:56 VO: flat 43.25
13:08 myptofvu: is it just me or is Koolblue breaking up on Mumble?
13:14 prestwickdrive: his mic fades in and out
13:14 prestwickdrive: bigs +13.5k
13:15 Haku: I bought a couple of mics for 88 cents apiece.. works great
13:15 myptofvu: I heard his last voice okay it was the one b4 and I was wondering if it was my connection but I think its fine now
13:23 VO: s 1 @ 48.58
13:24 VO: stop 49.75
13:29 koolblue: short from 748.75
13:30 VO: flat
13:39 VO: s 1 @ 49
13:41 VO: flat 46.75
13:41 koolblue: covered one at 747.25...plus 1.5...up 10...
13:42 koolblue: 746.75 exit on the other...plus 2 there...up 12.0
13:46 Haku: gotta leave... bye everyone... have a great weekend
13:47 gila: obama now on economy short signal?
13:48 VO: s 1 @ 47.50
13:48 palmer: VO short Obama
13:48 palmer: new trend
13:48 palmer: :)
13:49 gila: he should stay of tv go out of sight
13:49 palmer: hey right
13:49 palmer: :)
13:50 gila: volker on with him
13:51 gila: doesnt he see what happens when he speaks
13:51 gila: let volker speak it might help
13:52 gila: he is around80
13:52 gila: like metushelah lol 80
13:54 gila: finished bragging
13:55 koolblue: short one at 749.00
13:57 VO: stop 49.75...above this pivot high
14:00 prestwickdrive: bigs +18k
14:01 Hawk: hi all
14:03 VO: f em
14:03 VO: flat
14:04 koolblue: stopped at 750.00...loss of 1...
14:07 koolblue: still up 11 on the day
14:14 prestwickdrive: bigs +24.5k
14:15 prestwickdrive: KB - it looks like you are self muted
14:15 prestwickdrive: nope
14:24 VO: s 1 @ 48
14:25 einstein: I had a 1 min proj of 45.75 took +1
14:27 einstein: poss mini low in 2 min
14:37 prestwickdrive: bigs +28k
14:37 prestwickdrive: hod
14:38 VO: flat...taking my 17 handles and calling it a week...f em if their gonna trade this pos like this
14:49 prestwickdrive: bigs +37k
15:28 palmer: no talking
15:28 Bary: no one talking I guess, they all went home
15:37 prestwickdrive: KB muted
15:43 Bary: I think thats it for the week, everyone have a great wkd and cya mon,
15:51 PashaLV: s@ 52.50
16:18 PashaLV: Have a nice weekend to everyone!
Monday, March 16th,

6:48 koolblue: chart posted
06:48 koolblue: see you after the open!
06:48 koolblue: chart posted
07:23 LordAlfa: Hi. Back from vacation. Currently in a trade for the downside.
07:36 palmer: welcome back LA
07:37 LordAlfa: High plamer
07:37 LordAlfa: my current trade don't look good. market has been strong. Watching CNN in the hotel
07:39 LordAlfa: 4th wave down on the 5 min & 15 min.
07:39 LordAlfa: targeting 60.50
07:39 LordAlfa: S from 63.25
07:40 palmer: I am short too
07:40 palmer: 63.75
07:40 LordAlfa: Hows everyone? Profitable week?
07:41 LordAlfa: Rally is strong and I am buying gold this week if this continues.
07:42 LordAlfa: Don't like them poking 64.50 for the last 20 min
08:01 LordAlfa: Bernanke saying the recession likely to end this year? That's too optimistic.
08:23 palmer: cover +1.25
08:23 LordAlfa: Are you flat?
08:25 palmer: yep
08:25 LordAlfa: Still in for 60.50, 15 min deadly.
08:26 LordAlfa: 3 min to empire manufacturing index.
08:28 LordAlfa: BE +1 just in case the unexpected.
08:29 LordAlfa: stopped. BE +1
08:32 LordAlfa: Going to nap until 15 min before market open.
08:49 johntrader: gm everyone
09:17 LordAlfa: Good morning, Good evening. I am back 15min before pit open
09:19 LordAlfa: Hows is everyone? Profitable last week. Was watching CNN in the room at night. Bulls took charge throughtout the week.
09:33 gila: financials up
09:33 gila: ge over 10
09:33 LordAlfa: Whoa! Bulls charge in the 1st min
09:34 gila: obama on jay leno thurs
09:34 Vast524: Morning VO
09:34 gila: gold down 12
09:34 VO: s @ 61.25
09:35 gila: nq gapfill
09:35 VO: stop 63.25
09:36 VO: 1 @ 59
09:37 VO: stop be
09:38 VO: flat
09:40 palmer: NQ weak
09:41 LordAlfa: missed the abc up. Market is fast
09:42 palmer: short 763
09:43 VO: s @ 62.50
09:43 VO: stop 64
09:44 VO: flat
09:45 VO: s @ 62.25
09:45 VO: stop 64.25
09:46 PashaLV: Good morning friends !
09:46 palmer: looking for 60.50 to cover
09:47 LordAlfa: Sitting here to sell 62.50 no fill 3 times
09:48 LordAlfa: Filled finally!
09:49 VO: flat be
09:51 einstein: gm
09:52 palmer: cover +2.5
09:53 einstein: poss mini low coming up
09:54 LordAlfa: stop be+1
09:54 einstein: morning Kool
09:54 Vast524: morning kool
09:55 palmer: morning General Kool
09:55 einstein: 1 min proj 756.25
09:56 LordAlfa: Single bar projection 56.50. My target 100% 57.
09:57 einstein: now I have mini hi coming up
09:57 palmer: wow NQ just weak
09:57 LordAlfa: stopped!
09:57 einstein: pretty choppy projection not being met
09:58 PashaLV: [email protected] target 65.25
10:00 VO: s @ 60.75
10:02 VO: what do these mofo's want?
10:02 einstein: cant make up their minds
10:02 LordAlfa: S 61.50, risky but taking it.
10:02 palmer: lol
10:03 LordAlfa: stop 63.25
10:04 VO: this apex is getting tight...they need to decide soon
10:05 Vast524: gm pt
10:05 Margie: good morning
10:05 PashaLV: Morning
10:05 LordAlfa: The next episode of SAW 6?
10:06 LordAlfa: The morning saw.
10:08 LordAlfa: Enough of bull****! Get some bear**** in here.
10:08 palmer: LA LOL
10:09 LordAlfa: Yogi made his move
10:09 PashaLV: stopped - 3
10:10 koolblue: selling 761.00
10:11 prestwickdrive: 55.25 proj from 3 min unless 64 touched?
10:11 palmer: VAH is 754
10:11 prestwickdrive: 54.5 fills gap
10:12 prestwickdrive: ok - I used 60.5 low
10:12 prestwickdrive: 57.75 is 50% of gap fill
10:15 VO: 1 @ 58.50
10:15 VO: stop be
10:16 prestwickdrive: COMP -.6%
10:16 PashaLV: L @ 57.50
10:16 LordAlfa: stop be+1
10:18 koolblue: long from 727.50
10:19 koolblue: oops 757.50
10:19 prestwickdrive: locked in +30 - good one
10:19 prestwickdrive: lol
10:20 prestwickdrive: pit session singles 55.75-57 and 55-55.75
10:22 prestwickdrive: 57 = sq 9 too
10:23 koolblue: will exit 759.75...i hope
10:24 LordAlfa: 59.75 is the curent 1 min projection
10:25 PashaLV: flat@59 +1.5
10:27 koolblue: out at 759.75...plus 2.25 on one es...up 2.25 on the day
10:27 LordAlfa: I am still short and I believe Yogi Bear will save me. LOL
10:28 koolblue: will sell 761.00
10:30 PashaLV: [email protected]
10:31 VO: add 59
10:31 koolblue: missed again!
10:34 VO: flat 60.75
10:35 PashaLV: flat@ 62
10:36 LordAlfa: flat
10:36 PashaLV: +3.5 here
10:36 LordAlfa: -1.25
10:37 koolblue: went long at 761.00...stopped at 763.00
10:37 koolblue: loss of 2 on one
10:38 LordAlfa: S 63.75
10:39 palmer: 50%
10:47 LordAlfa: flat.
10:48 koolblue: selling 765.50
10:53 VO: s @ 62.50
10:56 VO: stop be
10:57 VO: flat
10:59 koolblue: selling 762.25
11:08 PashaLV: L@ 61.25
11:08 VO: l @ 61,50
11:10 koolblue: short from 762.25
11:10 VO: 1 @ 62.50
11:13 VO: stop be
11:21 koolblue: stopped at 764.75...loss of 2.5..now down 2 on the day
11:23 koolblue: selling again
11:24 VO: stop 62.50
11:26 koolblue: short one at 765.50
11:28 VO: stop 64.25
11:34 LordAlfa: I wish I worked for AIG. I get paid to F up and still get retention money. What a career!!
11:34 VO: will stop and reverse with lower high here
11:37 PashaLV: looking 69.50 to cover
11:42 VO: cancel stop and reverse
11:49 gila: obama geithner meeting small business leaders
11:56 VO: flat 65.50
11:56 VO: s @ 65
11:57 koolblue: still short from 765.50
11:58 palmer: lol
11:58 palmer: nice one
12:00 LordAlfa: S 65
12:03 LordAlfa: I am usingth abc pattern off the 5 min
12:04 LordAlfa: targets 63, 61.25, 58.
12:05 VO: flat 63.25
12:05 LordAlfa: No fill for 63 target
12:06 koolblue: out at 763.50...plus 2 on a crazy scalp
12:06 koolblue: flat on the day
12:08 LordAlfa: Still no fill for the 63 target
12:08 VO: 63 = 61.8 of up swing
12:09 VO: 61.50 = 78.6
12:10 VO: 61.25 = 161.8 of downside abc
12:10 LordAlfa: 1 off 63
12:12 LordAlfa: stop be +1
12:14 LordAlfa: flat
12:14 LordAlfa: +3
12:19 PashaLV: stop&reverse @ 69.50
12:19 gila: pres trying to rescind aig bonuses
12:22 koolblue: short again at 765.00
12:25 VO: 67 = 78.6 of lil downleg
12:26 LordAlfa: Looks more upside. 3 pokes in last 15 mins for 65.50
12:26 VO: 66 = 61.8
12:27 LordAlfa: punctured
12:29 LordAlfa: He is throwing the responsibilties of recovery to the banks. Hmmmm....
12:29 VO: will sell with close candle
12:33 LordAlfa: 88.6 retrace
12:33 koolblue: stopped at 766.50...loss of 1.5...down 1.5 on the day
12:33 VO: s 1 @ 67
12:33 VO: stop 68.25
12:36 LordAlfa: Obama says AIG is reckless.
12:38 PT: bbiab- lunch
12:39 VO: flat
12:39 koolblue: selling 769.50
12:40 ak1: s770
12:41 PashaLV: [email protected] plus 8.25 from long trade
12:42 koolblue: short one from 69.50
12:42 LordAlfa: Way to go Pasha
12:43 ak1: hope you got your point kb
12:44 koolblue: my point?
12:44 ak1: 1 pt I mean
12:45 koolblue: 7 waves up on that last little run up
12:46 LordAlfa: He is zeroing Cap Gains for SMBs. Just register a small sole prop company and keep your trading gains and pay a salary to yourself. Loophole.
12:46 koolblue: 1 min projects 765.75 unless 769.75 is touched again
12:47 prestwickdrive: the trader tax will eat it all
12:47 LordAlfa: What?? Trader tax??
12:48 feng456: any more news on that trader tax?
12:48 LordAlfa: You mean you guys are taxed differently for trading???
12:48 TraderX: where have you been, Alpha?
12:48 LordAlfa: In Singapore, Cap gains are tax free
12:49 TraderX: let me see if I can find a link
12:49 VO: this really looks like a threes drives
12:49 LordAlfa: Hell! I think my gov is also trading in the US market
12:50 ak1: improved sell to 769.75
12:50 feng456: hmm maybe I shud move to singapore
12:50 feng456: nice and warm too
12:50 TraderX: it is a new tax cooked up by politicians to cover the cost of the bailout
12:50 LordAlfa: You don't like the gov here if you like freedom of speech. But when you have money, I'd prefer to shudup
12:51 TraderX: 1/4 percent of the equity in and out , I believe
12:51 LordAlfa: WTF? They are penalising people who do thing well?
12:51 jt143: feng you'd need to marry someone from singapore and trade under her name to avoid the long are of the US
12:51 jt143: long arm
12:51 LordAlfa: Then pay AIG those who F up? Politicians are idiots.
12:52 LordAlfa: Yes. I know of a US citizen doing that here.
12:53 LordAlfa: Whao AIG up ****ty up.
12:53 VO: s 1 @ 69.75
12:54 PashaLV: we HAVE to get very strong move down....
12:54 LordAlfa: ****ty Group 2.40
12:55 feng456: im canadian
12:55 PashaLV: VO, it's time to tell "sell this pig"
12:55 LordAlfa: Waiting for a pattern downward
12:55 feng456: but im willing to marry for money
12:55 VO: they real close pasha
12:55 LordAlfa: Feng, stop betraying your soul.
12:56 feng456: what soul
12:56 LordAlfa: If you do, please don't make babies.
12:56 feng456: I actually plan on adopting anyway
12:56 LordAlfa: Bulls in charge
12:56 koolblue: just went flat my short at b.e.
12:57 VO: 71 = 100%
12:58 VO: 72.50 is 38.2 of daily downswing
12:59 VO: 70 = 423.6 of march low abc
12:59 ak1: 1 pt loss on short
13:00 VO: add 70.75
13:01 koolblue: order to sell 772.50
13:04 ak1: S 771
13:07 VO: very nice div up here
13:11 VO: 68.25 = 38.2 of upswing
13:13 koolblue: ill sell 770.75 if they get there
13:18 VO: 1 @ 68.25
13:20 VO: this is bs trade today
13:22 koolblue: still selling 770.75
13:23 koolblue: could go to 771.25 but not much more
13:23 ak1: L768.75
13:27 ak1: Another 1 pt loss
13:28 LordAlfa: S 68.50
13:28 ak1: S69.5
13:31 koolblue: short 2 at 769.00(the boll avg)
13:31 koolblue: will cover one at 67.75 I hope
13:37 koolblue: out one at 767.75...plus 1.25
13:37 LordAlfa: flat
13:37 LordAlfa: don't like it sawing about
13:38 LordAlfa: And I am not getting my targets filled today. So I have to put stop BE+1
13:39 koolblue: out at 769.00onthe other half...watching
13:39 einstein: Kool can I ask a question about iq charts?
13:39 LordAlfa: Whole market is optimistic, on the news, on the street, in the white house. Coming down will be a hard fall.
13:40 VO: flat be
13:40 einstein: do they allow you to trade directly off the charts or only from DOM and can u access nyse $TICK charts?
13:41 koolblue: no...no dom ...i just use the charts for the cycles
13:41 LordAlfa: 70.75 = 78.6 ret
13:43 einstein: can u place orders directly on the chart like ninja?
13:43 koolblue: no
13:43 einstein: thanks
13:45 ak1: NOT MY DAY TODAY
13:46 koolblue: einstein, I would recommend mirus futures and Ensign charts
13:47 feng456: hey cool I use mirus
13:48 LordAlfa: 5 min abc from the bottom, 161.8=772.25
13:49 koolblue: out at 770.75...loss of 2 ticks
13:51 feng456: double top or no
13:52 LordAlfa: double top but looks like it'll go up
13:52 einstein: will look into that Kool
13:53 parson: koolblue, what's the trade cost on mirus?
13:53 VO: 4.40 rt
13:54 parson: wow, . 1/2 my cost
13:55 LordAlfa: who is your broker?
13:55 koolblue: eisign charts 50/ month
13:55 LordAlfa: I get 4.40 rt too
13:55 parson: very good.
13:55 LordAlfa: Global Futures is also abouit 4.40 rt
13:56 LordAlfa: Glabal using PatSystems not Zenfire
13:56 parson: thanks, who are you with LA?
13:56 LordAlfa: Mirus
13:56 LordAlfa: Was with GF
13:56 parson: ok
13:56 LordAlfa: On Strategy Runner
13:56 wirechild: I am with infinity who clears through transact and there are good so far
13:56 LordAlfa: Then switched to Ninja
13:57 LordAlfa: My clearing is RCG
13:58 parson: ok. I'm gonna look around. tnks.
13:58 LordAlfa: Mirus, look for Byron Zook
13:59 VO: Byron is an ahole
13:59 LordAlfa: You know him?
14:00 VO: just on the phone...if I could have climbed through the phone I would have strangled him
14:00 prestwickdrive: dva 59.5-68.25
14:00 prestwickdrive: dpoc 64.0 tpo, 64.5 vol
14:00 LordAlfa: Well I made him work hard for my account.
14:01 LordAlfa: C'mon give me a retrace for an ABC
14:02 palmer: 58.50
14:03 LordAlfa: 1 min project 8.75
14:04 koolblue: selling 768.50
14:09 VO: l 1 @ 65...spec
14:10 prestwickdrive: dpoc now 64.75 vol, 67.5 tpo
14:11 LordAlfa: 64 is 88.6 ret
14:16 VO: flat 65.75
14:21 koolblue: selling 767.25
14:25 LordAlfa: If it cannot break 64.25, there is more to the upside
14:27 VO: l 1 @ 63.50
14:27 VO: a spec
14:28 LordAlfa: 1 min 62
14:29 palmer: 15,30 and 60 all showing divergence now
14:31 VO: offering 65
14:32 koolblue: short nfrom 764.50
14:35 VO: flat 64.50
14:35 palmer: nq - is lagging since open
14:35 palmer: ebay-
14:36 koolblue: plus 2 on 2 es...out at 762.50
14:36 gila: financial short etf off lows
14:37 gila: gs lod
14:46 VO: s @ 66.75
14:47 LordAlfa: S 65.75
14:48 VO: 65.75
14:51 koolblue: short at 766.50
14:52 LordAlfa: We have downward abc 100=57.25
14:53 LordAlfa: stop 67
14:55 koolblue: out at 764.50 on 2 es plus 2 on ech
14:56 LordAlfa: 1 off 63.75
15:00 LordAlfa: stop be +1
15:00 VO: 1 @ 61.50
15:03 VO: stop 64.50
15:08 LordAlfa: flat
15:09 LordAlfa: +19.75
15:09 VO: flat 58.50
15:09 Margie: Good job, guys
15:10 Margie: Ive had a good day no complaints
15:10 LordAlfa: OK. Enough today. I promised my wife that I'd prepare breakfast. Chinese fried crullers and Soya bean milk.
15:10 LordAlfa: Heck it is only 3am still 2 hours to go.
15:12 LordAlfa: Canadian beans are the best in making Soya Milk and Curd
15:14 jt143: i'd stay away from soy if you want to maintain your testosterone level
15:14 LordAlfa: You sure? I am still horny. :-P
15:14 jt143: u can research it
15:16 jt143: drink rice milk
15:16 LordAlfa: Well, I've been eating this stuff since I was a kid. Just that the Soya Curd traditionally is made using 1 tsp of gypsum powder (Limestone). Bad for kidneys. The Japanese method using Lactone but does not keep well.
15:17 LordAlfa: 1tsp to 3L of soy extract.
15:17 LordAlfa: Lactone 1 tbsp to 3L of soy extract
15:18 jt143: if you enjoyed steel magnolias, stay away from the soy :)
15:19 icepick: hey kool - is there a "gimme" near?
15:20 LordAlfa: 100% projection likely to be hit, 57.25
15:21 LordAlfa: 161.8 at 51.50
15:22 icepick: ok, thks
15:23 Vast524: yes
15:23 Vast524: Been sleeping. Not 100% well.
15:24 LordAlfa: Hope you are better.
15:24 Vast524: Traded the first hour (finished up) and went backto bed. Just got up again for the happy hour. Missed out on that lovely sell ABC
15:25 LordAlfa: There'll be more. We are still in Yogi Bear territory
15:26 John: VAH?
15:26 PT: VAH @ 754
15:27 palmer: look on the dive on the russell
15:27 palmer: that nasdaq weakness was the key this morning
15:28 LordAlfa: Maybe they don't welcome the news that Cisco will compete with IBM and HP for the server market. We know Sun is dead in the server market.
15:28 palmer: what is the gap fill?
15:28 palmer: 52.50
15:28 palmer: ?
15:29 palmer: oh 55
15:29 PT: i'm done for the day, hope everyone had a good day today
15:29 Vast524: Close of Fridays Market to the open of todays. If it is different then it is called a gap
15:29 palmer: bye PT
15:29 palmer: I am done too
15:30 Margie: Have a good noght
15:30 Margie: night
15:30 palmer: you ride those contract like a bull (rodeo)
15:30 palmer: PT
15:30 Vast524: Violin music starts to play
15:30 LordAlfa: Done here. Waited for the retrace.
15:33 Vast524: Do you have the 15min projection as 752.50? or even out to 746
15:33 Vast524: Thanks Kool
15:33 Margie: good night
15:34 PashaLV: See you !
15:34 LordAlfa: Need to kill 1.5 hours before I start cooking.
15:35 Vast524: OK. I was just going down the 15min candles and seeing which one had been met. Yep. 746 is to teh retrace candle
15:36 Vast524: Ok. I wasn't sure if I would use the tail in that retrace candle.
15:36 Vast524: Plus we have had 9 waves down as well
15:44 Vast524: cya
15:45 prestwickdrive: bye LA
15:45 PashaLV: See you LA
15:45 John: Daily pivot?
15:46 John: Using RTH.
15:46 John: POC just below.
15:46 VO: l 1 @ 51
15:49 VO: flat 53.25
15:53 VO: l 1 @ 52.50
15:53 VO: 1 pt stop
15:56 VO: flat
15:57 VO: vix having good day
16:13 PashaLV: See you, friends!
16:13 PashaLV: TY, VO !
16:29 myptofvu: I didnt find chat room 1
01:48 TraderX: test
Tuesday, March 17th

09:12 ak1: gm everyone
09:14 VO: 54.50 was entry into sell abc
09:14 palmer: what's target on that VO
09:15 ak1: I think they will retest the low on open
09:16 VO: 47 is 1st if B is taken
09:16 palmer: I need to study up on these abc pattern more
09:19 ak1: 47 is 25% fib extension
09:20 ak1: VO 54 looks like an S entry to me by abc??
09:22 VO: different data ak
09:23 ak1: You mean the chart is different?
09:23 VO: it appears
09:24 ak1: Hum.....................
09:27 prestwickdrive: bigs -11k for glbx session so far
09:29 ak1: they don't want the fed to increase the rate tomorrow or they dive big
09:32 VO: L @ 41.50
09:32 prestwickdrive: great entry
09:32 ak1: 41 or 51 VO
09:32 VO: stop 50.25
09:33 prestwickdrive: :-)
09:33 VO: 51.50
09:33 ak1: nice trade VO
09:35 VO: flat 52.25
09:37 ak1: .75 I don't get it?
09:37 VO: L @ 52.50
09:37 VO: stop 50.25
09:37 ak1: L at 54.25 if they get there
09:38 LordAlfa: Same yesterday. Can't make up their minds
09:38 Vast524: Top of the morning Margie. Hope you are wearng something green.,
09:39 VO: flat
09:39 ak1: S 750.5
09:39 LordAlfa: S 50.25
09:41 ak1: flat +2
09:41 VO: l 1 @ 48.50
09:42 ak1: they want 47 it looks
09:43 ak1: S 48
09:45 LordAlfa: No fill for target 47!! Dang!!
09:45 ak1: flat 47
09:45 LordAlfa: deja vu from yesterday?
09:46 Margie: Vast, Happy St. Paddy's Day. Of course I have my green on. I can't wait for my kids to get up on put their green on. I hope you have your green on!
09:46 ak1: they will come
09:46 LordAlfa: Pulling down. They pay.
09:46 ak1: happy now +3
09:46 LordAlfa: stop be +1q
09:47 LordAlfa: stop 53.25
09:48 Vast524: That was yesterday for us.
09:48 ak1: this will sell again
09:49 LordAlfa: 1 min projection 51
09:50 gila: is anyone speaking today
09:51 ak1: L 49.5 if it reaches
09:51 prestwickdrive: not much gila
09:52 ak1: flat -1
09:52 prestwickdrive: crude trying to lead higher
09:53 LordAlfa: Kool mentioned bounce around 36-37. 15 min deadly 35.75
09:53 gila: thx
09:53 ak1: thay have to go to 753 to decide the doji
09:54 VO: flat 50.25
09:56 VO: s @ 52
09:56 prestwickdrive: great start VO
09:59 PashaLV: Good morning everyone!
09:59 VO: 1 @ 50.50
10:00 VO: stop 53.25
10:00 VO: flat
10:01 LordAlfa: flat
10:02 VO: s 1 @ 55
10:05 VO: flat 53
10:05 gila: obama on tv
10:05 prestwickdrive: Obama ss working so far
10:06 VO: doesnt it always
10:06 prestwickdrive: not last tues and thurs
10:06 gila: talk rehealth care budget clean energy he should stay off tv for the rest of his term
10:07 ak1: S 50if it comes
10:11 VO: [email protected]
10:11 LordAlfa: S 52.75
10:12 LordAlfa: flat. 50.75
10:14 VO: stop be
10:14 LordAlfa: S 51.50
10:15 VO: flat
10:15 VO: l @ 52.50
10:16 VO: 1 @ 53.50
10:18 VO: flat be
10:20 LordAlfa: stopped
10:26 LordAlfa: Can't confirm the uptrend abc
10:26 gila: gs uo 2% aigup c up7% gold down 7 trinq near lod
10:27 PashaLV: S@54 target 48.50
10:27 prestwickdrive: 54 is dpoc for glbx + pit session so far
10:27 prestwickdrive: 51.75 = dval
10:28 ak1: lately my calls are good but timing is rotten, yesterday all my shorts got stopped
10:28 ak1: S50
10:28 prestwickdrive: singles 46-49.5
10:30 tommitchell: nice trade Pasha
10:31 Margie: Go get 'em Pasha
10:32 ak1: dame
10:33 ak1: this market has so many red hammers and has to dive below the low
10:34 ak1: for today I am short on stop target low
10:35 Margie: mini lo at 10:48, fwiw
10:36 ak1: s 50.75 target 46.5
10:39 Margie: Good Morning, Kool
10:39 PashaLV: GM Kool
10:39 icepick: gm kool
10:39 LordAlfa: hi kool
10:40 Vast524: Hi Kool
10:46 prestwickdrive: bigs +7k for pit session
10:48 PDQ: There is a 5 minute "Buy Anti" in play now - minimum target is equal swings, which is 759.50.......
10:49 LordAlfa: abc upward 161.8=65.25
10:52 prestwickdrive: crude still pushing up
10:52 prestwickdrive: bigs +12k
10:59 koolblue: short one from 756.50
11:04 LordAlfa: L54.25
11:04 koolblue: out at754.75...plus 1.75 on one es....
11:04 koolblue: buying 753.75
11:07 VO: l 55.50
11:15 PashaLV: buy order@ 52.75
11:16 VO: flat
11:17 koolblue: long from 753.75
11:20 koolblue: buy this pig!!!!1
11:23 icepick: I got filled kool - you?
11:24 icepick: i'm out 5.75 +2
11:26 icepick: hope it gets back there 4 u - and then some
11:27 PashaLV: L@ 52.75
11:30 koolblue: covered at 753.50 yo be safe
11:31 koolblue: loss of 2 ticks total...up 1.25 on the day
11:34 PashaLV: flat @ be..
11:43 LordAlfa: flat be+1
11:44 koolblue: CHART POSTED
11:50 koolblue: SHORT ONE FROM 755.00
11:54 Robin: yes
11:55 Robin: sorry.. what did you say?
11:55 Robin: did n't hear you
11:55 Robin: not yet but had a very good day yesterday :)
11:55 Robin: oh no... helps me alot!
11:55 Robin: thank you.. learning every day
11:56 Robin: some very interesting interpretatrions of the wave theories
11:56 Robin: :):)
11:56 Robin: agreed..
12:02 koolblue: stopped out at 757.25...loss of 2 there...down 0.75 on the day
12:02 VO: s 1 @ 57
12:02 VO: stop 58.50
12:06 PDQ: There is upside pressure from the 60 minute Grail Buy......Current 15 minute UP projection is 764.75 using one bar and 771.25 using two bars.......
12:06 PashaLV: [email protected]
12:11 VO: flat 55.25
12:12 LordAlfa: S 57. flat 55
12:14 gila: larry summers with steve leeseman on tv shortly
12:15 koolblue: order cancelled
12:16 PDQ: The secondary 15 minute projection from the 11:45 A.M. bar at 751.50 is 761.50, which is also the 161.8% level of the two bar projection from the 746.00 low....
12:20 gila: summers leeseman on tv now
12:20 gila: bonus talk
12:20 LordAlfa: aig again?
12:21 gila: yes
12:22 prestwickdrive: 58.5 lva
12:22 gila: talkking doing within the law whats possible btw lord alfa you can getr cnbcpus for$10 a month on your computer cnbc live 24hrs a day
12:22 prestwickdrive: bigs +16.5k
12:22 gila: cnbc plus
12:23 LordAlfa: I am on free internet tv Bloomberg
12:23 LordAlfa: TVAnts
12:23 gila: how do u get that live oh thats great
12:24 LordAlfa: This is the link. As long as you have Windows Media Player
12:24 LordAlfa: http://www.bloomberg.com/streams/video/LiveBTV200.asxx
12:26 LordAlfa: 100% 59.50
12:31 gila: thanks how can I save links from this site?is this really live
12:31 LordAlfa: Bookmark it in your Explorer or Firefox
12:32 LordAlfa: Yes. It is Live.
12:32 LordAlfa: I like Bernie Lo of Asian confidential. Sarcastic asian view from HK.
12:32 LordAlfa: The US infected us with this disease. That's what he says. LOL
12:34 LordAlfa: There are 2 bandwidths. 1 on broadband and the other on 56K modem. I'd suggest to use 56K on trading unless you have high bandwidth. I am using 1Gbps download speeds.
12:36 LordAlfa: 1 tick of 1 min projection 57.25
12:36 LordAlfa: up projection 61.50
12:36 LordAlfa: Bingo?
12:38 VO: s 62
12:38 LordAlfa: Financials leading bull charge
12:39 VO: 62.50 = 161.8 od last swing
12:39 prestwickdrive: bigs +25k
12:40 LordAlfa: Gila, it is also 24 broadcast.
12:41 PashaLV: [email protected]
12:41 kat: kool which is the 15 min deadly right now?
12:42 kat: oh ok thanx
12:42 VO: add 64
12:42 prestwickdrive: bigs +30k
12:43 LordAlfa: yep
12:43 John: POC here.
12:43 kat: I did; i'm just confued because I get a projection to 764.25 off the first candle with the 746 low
12:43 LordAlfa: S 63.50
12:45 kat: :)
12:45 gila: thanks lord alfa
12:46 prestwickdrive: 100% ib 65.0, uva 69.5
12:46 LordAlfa: 1 min 7th wave
12:47 LordAlfa: Thank God I liquidated my Nokia employee shares last year!!
12:52 LordAlfa: looking for an abc setup for targets.
12:56 LordAlfa: waiting fro the 15 min bar to complete too
12:57 LordAlfa: small abc, 100=61.25, 161=59.75, 261=57.50
12:59 koolblue: 5 min proj down is 758.50...unless 764.50 is touched again
13:00 LordAlfa: 5 min 58.50, 15 min 58.00
13:00 koolblue: correct
13:03 LordAlfa: bigger abc 100=60.75, 161=59.25, 261=56.75
13:07 VO: flat 61.50
13:14 koolblue: was short one from 761.25(way too early!) added one per my post at 763.75 so im short 2 @ avg price 762.50
13:16 koolblue: flat at b.e. ...hoping for one more thrust for a better entry!
13:16 VO: l 2 63.25
13:16 PDQ: 768.50 sets up a "Bearish Bat" Harmonic pattern....It is also an 88.6% re-test level for the 60 minute Grail Buy..........and.....It is the 236.8% level of the two bar 15 minute projection from 746.00.
13:16 VO: @63.25
13:16 koolblue: short a couple at 764.25
13:17 VO: stop 61
13:18 VO: stop be
13:18 LordAlfa: stopped
13:19 VO: flat
13:22 TraderX: any opinions on how the fomc announcement tomorrow will rock the market?
13:24 icepick: the market is defininitely, absolutely going to go up
13:24 icepick: or down
13:24 prestwickdrive: bigs +33k
13:25 TraderX: only 2 choices,
13:25 icepick: good odds in vegas
13:30 koolblue: long from 763.50
13:33 koolblue: covered one at 765.00
13:33 feng456: this almost looks like H&S :S
13:33 feng456: yay nvm
13:33 koolblue: plus 1.5 there...now up a whopping 0.75 on the day
13:34 feng456: gj kb
13:34 feng456: im up .25
13:34 LordAlfa: 1 min 67
13:35 prestwickdrive: uva 69.5 for 80% rule
13:35 VO: s 1 @ 66.25
13:36 koolblue: out the other half at 766.25
13:36 gila: all indexes above fri close
13:36 feng456: 3 pts out
13:36 koolblue: plus 2.75...now up 3.5 on the day
13:37 koolblue: watching
13:42 VO: flat 65
13:45 LordAlfa: 1 min projection 61.50 using the long bar?
13:48 LordAlfa: Selling 66
13:48 LordAlfa: If it gets there
13:49 koolblue: buying 762.75
13:50 koolblue: stop around 761 if I get in
13:51 koolblue: stop at 760.50
13:57 koolblue: stopped at 761.00...loss of 1.75 ther
13:58 PDQ: ....Can watch for a 5 minute "Sell Anti" to set up now...
13:58 koolblue: tryung again at 760.50
13:59 koolblue: one only!...up 1.75 now
13:59 koolblue: long one from 760.50
13:59 VO: L 1 @ 61
14:00 koolblue: will exit at the boll avg ...762.50
14:00 koolblue: I hope!
14:05 LordAlfa: Need a retrace.
14:07 VO: offering 62.25
14:08 VO: stop 59.25
14:11 koolblue: just chickened out at 761.00
14:12 koolblue: plus a half
14:12 koolblue: up 2.25 and watching
14:12 VO: flat
14:15 VO: s 1 @ 62
14:18 VO: stop 63
14:19 Vast524: thanks kool
14:19 Margie: see y aKool
14:19 icepick: bye kool
14:20 PT: g'nite Kool
14:20 koolblue: see ya tomorrow gang!
14:21 TraderX: Thank you, Kool
14:22 VO: got it boxed in
14:23 LordAlfa: 1 min up proj 64.25
14:24 VO: take me out and get it over with ...geez
14:24 feng456: vo u in long or short
14:25 VO: s
14:26 VO: if we break lower we take out 59.50
14:27 VO: stop be
14:29 VO: 59 is 38.2 of whole up move
14:29 VO: 50 = 56.75
14:37 Donkeyote23: http://206.71.64.13:12001/graphics/tue/DonKeyote30.png
14:38 VO: thats a revolting development
14:40 LordAlfa: Pardon me Donkeyote, What is the chart trying to say?
14:40 VO: flat
14:41 jt143: la, it says avoid soy ;)
14:41 karen: pwd...do you have today's developing va's?
14:41 LordAlfa: Soy is good. :-P
14:42 icepick: avoid kurd at all costs :(-
14:47 LordAlfa: S 63.50
14:47 prestwickdrive: dva 50.0-62.0, dpoc 55.5 tpo, 57.0 vol
14:47 karen: thks pwd!!
14:47 prestwickdrive: np
14:49 LordAlfa: stopped
14:52 VO: s 1 @ 65.50
14:53 VO: stop 67
14:57 VO: cant stand how they trading this pig today
14:58 prestwickdrive: bigs +31500
14:58 prestwickdrive: no meaningful distribution since 9a ct
15:00 VO: flat 63.50
15:01 Margie: good job, VO
15:01 VO: ty
15:02 VO: I dont see any meaningful accumulation since 11:30 am
15:04 wirechild: someone has accumulated profits from my losses today... I have been chewed up and spit out today
15:05 prestwickdrive: same here VO and no distribution either. when it breaks iy should be interesting
15:05 prestwickdrive: it
15:06 prestwickdrive: smalls have been steadily buying since going positive arounf 1130 ct
15:06 prestwickdrive: bigs +36k now
15:06 prestwickdrive: 38k
15:07 prestwickdrive: uva 69.5 for 80%
15:07 VO: wish I had gotten long
15:07 prestwickdrive: me too
15:07 Margie: 15 min 2 candles at 770.75
15:07 VO: nice entry down there at 64
15:07 prestwickdrive: I hate it when I ignore the evidence
15:11 PashaLV: S@68
15:12 PashaLV: jump in !
15:20 VO: s 1 @ 67.25
15:22 VO: flat 69.25
15:22 prestwickdrive: bigs +43k
15:26 Donkeyote23: http://206.71.64.13:12001/graphics/tue/DonKeyote31.png
15:27 VO: that should be 5 of 5 on my bigger chart
15:27 PashaLV: covered +1
15:29 prestwickdrive: uva rejected too
15:32 PashaLV: yes, VO.. i'm crying
15:32 icepick: arghhhh - me too - got out at 7.25
15:32 Margie: No, crying allowed
15:33 Margie: Swearing is fine
15:33 icepick: Margie if you share your roast with us, maybe it will ease our pain :)
15:33 LordAlfa: Selling 67
15:34 Margie: Corn Beef and cabbage!
15:34 Margie: potatoes
15:34 prestwickdrive: + cabbage
15:34 Margie: Murphy's Stout
15:34 Margie: lol
15:34 Haku: Happy St. Patty's Day
15:34 icepick: even better !!!!! ERIN GO BRAGH!!!!!
15:35 prestwickdrive: Bailey's after
15:35 Vast524: Vo needs the stout for his hair.lol
15:35 PashaLV: sell order @ 68
15:35 Margie: I think that sounds wonderful
15:35 Vast524: Where is it that they turn the river green in the US
15:36 icepick: Chicago
15:36 Margie: Boston?
15:36 prestwickdrive: yes
15:36 LordAlfa: white house fountain
15:36 Vast524: I think so. They were talking about it yesterday( St Pats was yesterday for us)
15:36 icepick: they say it's non toxic!!!!!
15:36 Vast524: It is a vegetable dye apparently
15:37 icepick: hmmmmmm
15:37 Margie: Vast, that means you get to celebrate it twice
15:37 VO: s 1 #66.50
15:38 LordAlfa: Short at 67 Took the chance of the 50% retrace
15:38 VO: stop 67.50
15:40 Margie: 15 min deadly?
15:40 VO: f em
15:40 VO: flat
15:42 LordAlfa: Right VO. FFF! them!
15:42 LordAlfa: flat
15:42 VO: yeah...thats what I say!
15:43 LordAlfa: Fook! They stopped me and came down. Double fook!
15:46 icepick: VO they might be tapped in to your order screen on the floor of the bigs
15:47 VO: s 1 @ 70
15:47 icepick: sure seems like it sometimes, especially 4 me
15:47 prestwickdrive: bigs +47k
15:48 Vast524: Which means ? for us laymen
15:49 Vast524: ok
15:49 VO: stop be
15:49 Vast524: thanks
15:50 JackS65: Everyone have a safe & happy St Patty's
15:51 John: PWD, can you tell me what program you use to get the big/small data?
15:51 Margie: Jack Happy St Paddys Day
15:51 prestwickdrive: BAV study on QuoteTracker John
15:51 John: Thanks.
15:51 VO: flat
15:52 Vast524: Double top on the 5 min
15:54 VO: s 1 @ 70
15:55 Margie: It looks like 4:02 for mini hi
15:57 karen: yesterday high just above
15:57 VO: stop 72
15:59 VO: s 1 @ 74
16:01 prestwickdrive: +83k now
16:03 LordAlfa: Good night. Need to un crush myself later
16:03 PashaLV: my numbers coming... 777
16:03 PashaLV: See you, LA
16:03 LordAlfa: see you.
16:06 gila: what time do u use for closing ticks
16:06 prestwickdrive: TICK +1412 here so far and counting
16:06 prestwickdrive: usually 9 minutes after the hour
16:08 Margie: Ok, everyone, enjoy your St. Paddy's Day and see you tomorrow.
16:09 icepick: bye Margie
16:09 prestwickdrive: bigs +88k now
16:13 PashaLV: Today is a normal session?
16:17 PashaLV: I mean you guys have a holiday tomorrow? St. Paddys day?
16:17 palmer: what did the ticks do?
16:18 palmer: wow
16:18 palmer: when is the pullback
16:18 palmer: geez-
16:19 VO: bear market rallies palmer...
16:19 VO: they no fun to trade
16:20 palmer: we almost 20% off that 666 bottom
16:20 PashaLV: See you all tomorrow friends, have a nice evening !
16:21 VO: they have completely f'd the nice wave count we had...which means that the bulls will end up getting hit worse...its a shame
16:22 VO: once the houses start coming out recommending stocks...u will know they are ready to distribute
16:26 Vast524: Well I am glad I got out of the short near the end. Tough day trading for me anyway
16:26 Vast524: 746
16:26 Vast524: lol
16:27 Vast524: I know I know
16:27 Vast524: Soft
16:27 Vast524: Only kidding PT
16:27 Vast524: 774.50
16:27 Vast524: Got out with a tick+
tues. March 31st

08:08 akola: do u guyz see rising wedge on 5 min chart?
08:32 PT: sounds about right akola, its a channel between the two fib bands
08:36 Margie: Good Morning
08:37 Margie: Anyone with Ninja problems this morniing?
08:41 Margie: Nation wide problem I am told with Ninja.
08:41 Margie: They say it is just the initial connectivity
08:41 Margie: If you can get on stay on
08:41 Margie: the server in NY is down
08:41 palmer: my ninja is ok
08:41 palmer: what is the problem
08:41 Margie: was wondering if anyone knew a trick to signing on?
08:42 Margie: I turn my computer off at night
08:42 Margie: I guess I shoulda stayed on last night :)
08:43 Margie: Well whatever you do dont sign off
08:44 Margie: Whats that PT
08:44 Margie: the virus, PT
08:45 palmer: yyep search yahoo
08:45 palmer: they had a feature on it
08:45 palmer: the virus
08:46 PT: http://www.eweek.com/c/a/Security/DHS-Releases-Conficker-Worm-Detection-Tool-540662/
08:49 PT: http://www.channelinsider.com/c/a/Security/Conficker-Dont-Be-Made-a-Fool-April-1-733488/
08:52 LordAlfa: gm
08:55 PT: gm Alfa
09:02 LordAlfa: Conficker. Too much publicity on it.
09:07 PashaLV: Morning friends!
09:08 LordAlfa: gm pasha
09:09 LordAlfa: S 92.25
09:12 LordAlfa: stop 93
09:33 LordAlfa: stopped
09:33 LordAlfa: Nett Zero
09:38 VO: l @ 92.50
09:38 LordAlfa: yep
09:40 koolblue: buying 791.25
09:40 koolblue: long one at 791.25
09:40 LordAlfa: L 90.75
09:40 VO: stopped
09:42 LordAlfa: over shot the 1 bar proj 90.50 by a lot
09:42 LordAlfa: stopped
09:42 LordAlfa: -2
09:43 LordAlfa: 88.50
09:43 VO: l @ 88
09:44 koolblue: stopped at 788.75...loss of 2.5
09:44 koolblue: getting long again here
09:45 koolblue: long one again from 788.50
09:45 koolblue: 2 point stop
09:47 LordAlfa: Another damned no fill day
09:47 LordAlfa: sat the like 2 min for 87.75
09:48 PT: 87.75 is the DeMark Pivot
09:48 LordAlfa: yes
09:51 VO: flat be
09:51 Margie: 778 15 min deadly
09:58 koolblue: out at 788.50...b.e.
10:01 koolblue: short one from 788.50
10:02 feng456: gm all
10:03 LordAlfa: S 90
10:06 VO: s @ 91.25
10:06 feng456: I got stopped
10:06 LordAlfa: stopped. avg did hold it
10:06 koolblue: stopped at 790.50..loss of 2
10:06 koolblue: down 4 on the day
10:07 LordAlfa: - 5.25
10:11 LordAlfa: S 91.25
10:12 VO: flat 89.25
10:12 LordAlfa: stop 92.50
10:13 PashaLV: I got a slippage here, on ES on 1 tick!
10:14 koolblue: short one at 789.25
10:21 koolblue: stopped out again...loss of 2
10:22 koolblue: down 6!!!
10:22 feng456: ok thjats two in a row ive missed now
10:22 feng456: ANGER
10:23 LordAlfa: I hate this. stop BE +1
10:24 feng456: stupid simulator...i got filled ABOVE the candle's wick
10:24 VO: s @ 90.25
10:25 LordAlfa: flat
10:25 LordAlfa: -5
10:30 VO: stopped
10:30 LordAlfa: S 92.75
10:30 koolblue: short one from 792.75
10:34 LordAlfa: 97.75
10:35 LordAlfa: flat +1. don't like it exceeding the 1 min 93.50
10:36 koolblue: out at 83.75 loss of one handle
10:42 LordAlfa: L 92.50
10:44 LordAlfa: stop 91.75
10:44 LordAlfa: 1 off 93.75
10:47 LordAlfa: stop 93.75
10:48 LordAlfa: flat 93.75
10:48 LordAlfa: -3 nett
10:55 LordAlfa: L 92
10:55 koolblue: back in 20 min
11:03 LordAlfa: 1 off 93.50
11:03 LordAlfa: stop 91
11:10 VO: s @ 95.25
11:12 LordAlfa: stop 93
11:16 VO: 1 @ 94.25
11:17 LordAlfa: stop 94
11:17 VO: flat 94.25
11:20 LordAlfa: stop 95
11:20 LordAlfa: flat
11:20 LordAlfa: +1.25
11:21 LordAlfa: Holes all over
11:26 VO: 98.50 = 50% of wave 3 down
11:28 LordAlfa: S 96
11:30 LordAlfa: 1 off 95
11:35 LordAlfa: stop BE +1
11:39 koolblue: buying 793.50
11:41 LordAlfa: stop 94.75
11:45 LordAlfa: flat
11:45 LordAlfa: +3.25
11:45 VO: l @ 94.50
11:47 LordAlfa: S 94.75
11:48 VO: 1 @ 95.50
11:50 koolblue: stop now at b.e. from a long at 793.50
11:51 LordAlfa: stop 96.25
11:51 gila: quiet today I think obamas flying then hell have jet lag
11:54 LordAlfa: stop
11:54 VO: stop be
11:54 LordAlfa: +1.25
11:54 LordAlfa: SOBs. stopped me and down again
11:56 VO: flat
11:57 LordAlfa: L 95
11:58 feng456: hey LA
11:58 feng456: remember that long right before close yesterday
11:58 LordAlfa: yes
11:59 feng456: it worked
11:59 feng456: really good
11:59 LordAlfa: not always
11:59 feng456: nothing always works...11:59 koolblue: out at 795.00...plus 1.5
11:59 koolblue: watching
12:00 LordAlfa: Taxes, birth, death always works
12:02 parson: now, if we can figure a way to trade on them...........
12:02 LordAlfa: stopped.
12:02 LordAlfa: -.50
12:05 megatron1981: long @ 93
12:06 LordAlfa: L 93.50
12:10 koolblue: ill buy anywhere between 90.50 and 91.25
12:15 megatron1981: sold @ 94.50
12:15 megatron1981: +1.5
12:17 LordAlfa: stop be +1
12:17 LordAlfa: flat
12:17 LordAlfa: nett Zero
12:18 LordAlfa: I believe in the 500 levels
12:20 LordAlfa: The pattern is an art not a science.
12:43 VO: s @ 94
12:44 LordAlfa: S 94
12:44 megatron1981: short @ 94.25
12:45 LordAlfa: stop 95
12:51 megatron1981: cover @ 93.75 +.50, 2.00 net
12:53 LordAlfa: stopped
12:53 LordAlfa: -.75
12:56 koolblue: short from 795.50
12:56 koolblue: 3 point stop
12:58 LordAlfa: S 95.50. stop 96.75
13:02 LordAlfa: stopped.
13:02 VO: stopped
13:03 LordAlfa: -1.25
13:03 LordAlfa: Lousy day again
13:03 LordAlfa: PWD, what is bigs doing? My stochastics and WilliamsR says over bought
13:04 megatron1981: short @ 97.25
13:06 megatron1981: cover @ 97 - phew...
13:08 LordAlfa: They are slowly grind the axe. Torture of stone to metal.
13:09 LordAlfa: 808
13:10 LordAlfa: globex 800.25
13:12 VO: selling 1 @ 99.25
13:15 LordAlfa: Thanks
13:16 LordAlfa: buying up the farm
13:16 LordAlfa: feng. I think you might want to sell near the close
13:19 gila: http://www.onlinetradercentral.com/presenter_090401.asp


http://www.onlinetradercentral.com/presenter_090401.asp rashke terry free webinar
13:21 LordAlfa: 1 min 99.50 met
13:21 LordAlfa: no fill.
13:22 LordAlfa: cancelled
13:24 LordAlfa: selling 98.50
13:26 VO: bidding 97.25
13:33 LordAlfa: stopped
13:33 LordAlfa: -2.5
13:33 karen: today is the last day of the quarter...could be window dressing going on
13:36 LordAlfa: And april is the first report card of the year. Whether we go up or down this year depends on this report card.
13:48 LordAlfa: L 99.50
13:50 LordAlfa: stop 98
13:54 LordAlfa: stopped
13:57 LordAlfa: -3.75
13:57 LordAlfa: Off to bed. Not a good week
13:57 LordAlfa: 22 trades.
13:58 prestwickdrive: sleep well LA. tomorrow is a fresh start
13:58 LordAlfa: bye
13:59 PashaLV: SY LA
13:59 Margie: anyone have 15 min at 801.50?
14:00 PashaLV: I know who has
14:10 Vast524: I have 802.25 from the low at 10:30 to the high at 10:45 Ninja time
14:18 VO: another f'n day of stupid trade
14:22 parson: precisely
14:25 Margie: Pt, what is your next objective for shorting?
14:26 Margie: Did not notice, PT is not in echat
14:29 Margie: short, Vast
14:30 Margie: ty both
14:33 karen: locals were getting short over 801-802...weak hands are covering with these little pops
14:33 karen: per the pit
14:39 VO: selling 7.25
14:46 VO: 7.75 = 161.8
14:46 icepick: selling 7.75 it's also R1
14:47 icepick: 807.83
14:51 gila: gaps from fri close
14:57 VO: shanging to 7.50
15:08 John: Thanks, PWD. I love that indicator.
15:14 VO: L 1 @ 1.75
15:19 VO: flat 3.25
15:19 prestwickdrive: nice VO
15:25 prestwickdrive: bigs +53k again
15:28 VO: s 1 @ 4.50
15:30 VO: prolly stoopid but looking for 1ish again
15:32 VO: stop be
15:32 prestwickdrive: bigs +48k now
15:32 prestwickdrive: +43k
15:32 VO: flat 99.50
15:33 VO: ty
15:33 Vast524: Well I traded that poorly. I am flat now. Should have left the 2nd to run
15:33 PashaLV: Great, VO..
15:36 TraderX: is obama speaking?
15:37 JackS65: Everyone have a great evening, see yo in the AM .
15:39 Vast524: If you are not skilled, then I haf NFI
15:45 prestwickdrive: bigs down to +28k
15:54 gila: prog buying
15:55 gila: gm lod
15:55 karen: what are the developing areas?
15:56 prestwickdrive: dva 95.5, both tpos and vol
15:58 PashaLV: Seee you tomorrow, friends !
16:00 John: Yes, it is.
16:00 Vast524: Are you still short form before VO? Well done if you are
16:00 John: I have 353K contracts on that last 1-min bar.
16:00 Vast524: Like me lol
16:03 John: My eSignal shows over 200K on the 15:59 bar.
16:03 palmer: 766.50
16:05 Haku: bye, alll...
16:07 John: For some reason eSignal is showing exactly twice what you guys have.
16:09 palmer: do you use regualr volume
16:11 palmer: those are huge volume down
16:11 kittste: Hey guys, just out of interest, how many years have you all been trading?
16:11 palmer: around 4:00
16:12 VO: 8 years and counting for a living
16:12 kittste: How long did it take you before you could do it for a living, if you don't mind me asking.
16:13 palmer: 9 yrs
16:14 kittste: That's awesome. Lot's of experience then.
16:15 Margie: everyone have a good evening. Thanks for everything
16:15 Margie: Today not so good, but tomorrow another day
16:21 John: VO how many years before you did it for a living? I mean, how many years before those last 8 before you were 'there'?