Trading NASDAQ stocks with Jerry Olson & Ian Hodgson

samtron said:

Grey1

I am in the process of reading the excellent past threads on VWap.
Using this strategy do you take much notice of breaking news stories, earnings releases or what the major indices are doing, which is something the momentum/volatility guys rely on?

Click to expand...

Samtron ,

All the news, earning releases upgrade / down grade are ALL in the price ( this is the foundation of technical analysis ..information LEAKS and gets into market no matter what ) .. if you see a price breaking out when the NEWS is released is because all the naives want to take the part of the cake as a result price SPIKES. The best way to play earnings or other news related stocks is to have insider knowledge and sell into the news to naive traders..

As far as market direction is concerned ,, yes if market is in postive territory I try to be more long than short and visa versa..

grey1

Grey1,

In reference to a previous post you made where you no longer use Level II for determining entry into a trade, are you willing to discuss how you determine entry points ? From what I can see you have now completely automated your signals and if this is the case then presumably what you are doing is taking positions when your automated signals tell you to. So am I on the right track here or are you using some other approach ?


Paul

Grey1 said:

Rofl bramble my man .. You answered your own question .. Numbers can be coded ... it make it much more objective . On top of that you cannot keep chasing what stock is in OB or OS situation all the time .. Code the number and get a signal.



Grey1

Click to expand...

Dear Iraj

i am awed by your wonderful knowledge and spirit to help others. It's so gratifying to find pro traders willing to show all types of traders their special weapons fighting the good fight each day.

The room just loves you being there and so do I. Especially me as i can enjoy the trades and the funny quips you make all day long

Thank you for all that you do here on Trade2win and in the real time room

it's all my pleasure

The Next Best Move Is Up

To all traders

i will post some charts soon to show everyone that the next best move is up to new 52 week highs on all indexs ahead of the FOMC meeting May 9th. MY "guess" is 1 and one and then move to neutral.

despite the bonds current number and the price of crude which is an accident waiting to happen i love it as a short big time, this market is going a lot higher.

i hope and trust you will be on the right side of this next move.

have a nice evening all

Jerry Olson said:

Dear Iraj

i am awed by your wonderful knowledge and spirit to help others. It's so gratifying to find pro traders willing to show all types of traders their special weapons fighting the good fight each day.

The room just loves you being there and so do I. Especially me as i can enjoy the trades and the funny quips you make all day long

Thank you for all that you do here on Trade2win and in the real time room

it's all my pleasure

Click to expand...

Jerry my man ,

I like your room a lot because you are hell of a trader . A very good counter Trend to day on BRCM . Keep up the excellent work

Grey1

Grey1 said:

Jerry my man ,

I like your room a lot because you are hell of a trader . A very good counter Trend to day on BRCM . Keep up the excellent work

Grey1

Click to expand...

Morning Grey et all

Thanks a lot Grey appreciate that.

I wanted to show the traders here exactly what i saw yesterday on the RMBS trade at 38.00 as the stock was deeply oversold. As a counter trend trader i am always looking for bullish divergences on my indicators i use the CCI(20) and the ADX (14-14).

so here's the set up for everyone, i will be writing a lot more on this type set up next month in my next folow up Klab article. Hope this helps some traders out there.

http://www.buyitbuyitsellitsellit.com/OJ1.gif

The FED chairman speaks this am up on the hill for congress, futures are falling hard ahead of that speech.

will he be dovish or hawkish, we shall see.

have a good trading day

Trader333 said:

Grey1,

In reference to a previous post you made where you no longer use Level II for determining entry into a trade, are you willing to discuss how you determine entry points ? From what I can see you have now completely automated your signals and if this is the case then presumably what you are doing is taking positions when your automated signals tell you to. So am I on the right track here or are you using some other approach ?


Paul

Click to expand...

Hi Paul
I do not want to preempt Grey1 response in anyway, but even if the original rule regarding Level 2 status still applied, perhaps it could still be possible to programme the go/no go parameters (eg If more than say 2 MM within so many points of the inside market then nogo.) I am probably talking nonsense here but I thought it may add to the discussion.

these are todays trade on BRCM two awesome signals from the mighty VWAP Engine ( one just before close yesterday and one today )

This post is for the users of jerry's room . As we were discussing the trade. This is the singnal

This is my postion @ 5.10 in the after noon . An execution error on SNDK cost me 650 $. Never the less still good considering that time i put into the trade . Going for some excercise before my Uric Acid breaks out . I be trade later.

I will also explain after the hours the reasoning for the trades

This is the final deal .. Market went through consolidation and no matter what I did I could not get a good lump out of the moves. Never seen such a consolidation . My max win at some stage was over $2100 but I did not take what was on the table . Well silly me . I never learn and this is the way life goes . I made too many errors to day such as covering @ BID price instead of ASK and my limit order never got filled and trade went against me . pressed the buy instead of the sell and even poured tea over my hand. On top of that IB was playing up while i was in trade . So every thing which could have gone wrong went wrong . WELL THIS IS TRADING ..I be back later to discuss few technical issues on TIME FRAME SELECTION .

grey1

Iraj,

You still easily made over $1700 in profit which on a bad day is excellent by any standard.


Paul

Todays Bullish Outside Reversal Sticks

If traders would please check all the index charts you will see what i call a Bullish Outside Reversal Stick. It means we took out yesterdays lows and then came back and took out yesterdays highs as in and extra special Bullish Engulfing Bar.

Here is the chart of the NDX....it and all index have chart with bullish implications.

http://www.buyitbuyitsellitsellit.com/OJ1.gif

Btw fwiw we are right on track for new 52 week highs everywhere

Todays Trades In The Room's Text

Let me preface this by saying we have stopped using Flyonthewall.com by request. Other traders are using DJ News, Reuters etc.
======================================================================

(5:23 AM) Paltalk: Hi everyone. All room members are a dedicated group of professional daytraders. It does not matter what your level of expertise is since we are here to help you make a living everyday. We are scalpers for now looking to make a Days Pay. Good Luck Jerry

(8:27 AM) ian_h: gm all

(8:31 AM) fst415: gm

(8:40 AM) dat-cat: GM

(8:44 AM) fst415: BRCM showing strength on decent volume in pre-mkt

(8:45 AM) azman2: how about klac

(8:45 AM) seward: klic

(8:45 AM) seward: peix down

(8:45 AM) seward: FORD creamed

(8:46 AM) seward: TZOO down again... i could short it 2 days ago when it trended up every day. now no shares on IB.

(9:00 AM) cashmarket: gm

(9:00 AM) fst415: gm, oj

(9:01 AM) KerriM: hello

(9:01 AM) KerriM: ty

JerryO3434: AKAM

JerryO3434: BRCM

(9:04 AM) seward: buenos dias

(9:05 AM) seward: watching PEIX TZOO

(9:09 AM) Fibbo: GM

(9:10 AM) karin_60: good morning y'all

(9:11 AM) Trader6: GM

(9:13 AM) II VWAP II: alo alo alo

(9:22 AM) Earl the Pearl: gm everyone

(9:23 AM) cabtrader: gm pearl

(9:29 AM) mplsrmt: ok

(9:31 AM) BarbaraT1: AMLN Amylin Pharms: Updated 2006 ests; a wonderful problem - WR Hambrecht (45.29 )

(9:31 AM) cashmarket: joyg getting creamed!

(9:32 AM) BarbaraT1: JOYG Joy Global - - 50 Day Alert (61.90 -8.63

(9:32 AM) Earl the Pearl: aapl off the lows

(9:34 AM) BarbaraT1: NETL NetLogic - - 50 Day Alert (38.00 -2.59

(9:34 AM) mplsrmt: aapl pop

JerryO3434: ntri

(9:35 AM) karin_60: .20 on BRCM

(9:35 AM) BarbaraT1: MUR 50 Day-Alert -- Murphy Oil opens on defensive, approaches its 50 day sma at 49.01-- session low 49.10 (49.16 -0.54

(9:35 AM) BarbaraT1: KTO K2 downgraded before the open to Hold from Buy at Wedbush- tgt $13 (12.30 -0.15)

(9:35 AM) II VWAP II: hey jerry

(9:36 AM) II VWAP II: I am ok my man

JerryO3434: 1296 es lows

JerryO3434: TZOO

(9:37 AM) BarbaraT1: BOBJ Business Objects tgt raised before the open to $43 from $38 at Wedbush (33.21 -4.43)

(9:37 AM) BarbaraT1: SKX Skechers USA tgt raised before the open to $30 from $18 at Wedbush (27.76 +1.75)

(9:38 AM) BarbaraT1: TRID Trident Microsystems tgt raised before the open to $34 from $22 at Wedbush (28.94 -1.22)

JerryO3434: LONG BRCM AT 40.05

(9:39 AM) BarbaraT1: XLE Energy Select Sector gaps lower and extends, nearing its 50 day ema at 55.27-- session low 55.33 (55.33 -1.82

JerryO3434: SANM

(9:40 AM) BarbaraT1: XMSR XM Satellite: FCC probe likely non-issue - Openheimer (20.35 -1.68)

(9:41 AM) Rusty Kash: AMGN counter trend

(9:41 AM) itsmevu_: wow

(9:41 AM) itsmevu_: brcm

(9:41 AM) itsmevu_: gj

JerryO3434: SOLD BRCM AT 40.29

(9:41 AM) Rusty Kash: wtg JER

(9:41 AM) dancer1937: brcm +.20

(9:41 AM) itsmevu_:

(9:41 AM) karin_60: yes

(9:41 AM) MMags1999: I am still long from 39.80 yesterday before the close

(9:42 AM) seward: out brcm .31

(9:42 AM) cabtrader: + 1.06 tzoo

(9:42 AM) MMags1999: long term

(9:42 AM) karin_60: out .29

(9:42 AM) BSilvey: good trade

(9:42 AM) BarbaraT1: OS 50 Day-Alert -- Oregon Steel extends gap down open near its 50 day ema/sma 47.14/46.98-- session low 47.00 (47.50 -3.11)

(9:42 AM) emg3emg3: brcm long 39.88 out 40.17 thx

(9:42 AM) BarbaraT1: RACK Rackable Systems - - 50 Day Alert (46.05 -0.97

(9:43 AM) TradingDuke: test

(9:43 AM) seward: any sound today?

JerryO3434: YES HANS

(9:43 AM) Earl the Pearl: test of TD

(9:43 AM) Earl the Pearl: OK

(9:43 AM) freedom_1000: yup

(9:43 AM) hockeypuck7: y

(9:43 AM) delfin77: y

(9:43 AM) Dan-NY: ok

(9:43 AM) ian_h: y

(9:43 AM) karin_60: k

(9:43 AM) MrStock1: y

(9:43 AM) BSilvey: y

(9:43 AM) cabtrader: yyyy

(9:43 AM) harry120: y

(9:43 AM) MrStock1: zran going

(9:44 AM) seward: now i hear

(9:44 AM) seward: restarted room

(9:45 AM) BarbaraT1: TEN Tenneco downgraded to Neutral from Buy at Baird following earnings miss (27.45 +0.00

(9:45 AM) seward: IB losing feed right and left

(9:45 AM) Earl the Pearl: RMBS coming down today LOD

(9:45 AM) Earl the Pearl: y

(9:46 AM) seward: im long a lil Peix at 31

(9:46 AM) karin_60: a beauty

(9:46 AM) BarbaraT1: XOM Exxon Mobil pushes above its opening at 61.50 after gapping down to its 50-day simple ma near 61.25 (61.75 -1.35

JerryO3434: NTRI

(9:46 AM) BarbaraT1: AMGN Amgen shows relative strength, trades above yesterday's high at 66.96 (67.06 +0.58)

(9:46 AM) Rusty Kash: long MXIM 34.35

(9:46 AM) Earl the Pearl: mrvl nice bounceback

(9:47 AM) karin_60: long SBM 5.01

(9:47 AM) karin_60: sorry sanm

(9:47 AM) karin_60: .14 on SANM

(9:47 AM) karin_60: like it

(9:47 AM) BarbaraT1: SEPR Sepracor shows relative strength in early trade (43.51 +0.48

(9:48 AM) sreno: SEPR Bounce

(9:48 AM) Earl the Pearl: rmbs off the 38 just like jerry said

(9:48 AM) Dean Wormer: how long is Bernanke gonna speak for?

(9:49 AM) karin_60: too long

(9:49 AM) Earl the Pearl: until he gets tired LOL

(9:50 AM) seward: no

JerryO3434: LONG AAPL AT 67.73

(9:51 AM) BarbaraT1: A number of biotech stocks showing relative strength... AMGN, SEPR, CEPH, AFFX

(9:51 AM) brownbear_1: akam still going

(9:51 AM) BarbaraT1: RFMD trying to resume move up

(9:51 AM) BarbaraT1: AKAM recovered 50% off low

(9:51 AM) BarbaraT1: RFMD hod

JerryO3434: NTRI

(9:52 AM) BarbaraT1: SOHU flying

(9:52 AM) Dean Wormer: Jer, could you look at the GOOG chart and tell me what looks like a good entry point?

(9:52 AM) seward: long NTRI 68.07

(9:52 AM) seward: IB frozen on me

(9:52 AM) II VWAP II: DEAN DONOT TRADE GOOG

(9:52 AM) cravada: Dean,,short or long? ;--)

(9:52 AM) sreno: LRCX Driving UP!

(9:53 AM) BarbaraT1: NTES 50 Day-Alert -- Netease.com attempting to stabilze after nearing its 50 day sma/ema at 22.21/21.95-- session low 22.13 (22.44 -0.33)

(9:53 AM) Dean Wormer: KLAC nice

(9:53 AM) cravada: yep jerr, was just busting him

(9:54 AM) cravada: man can they jack SNDK around...

(9:54 AM) ovetus: gm Jerry

(9:54 AM) ovetus: SEPR gamo

(9:54 AM) Earl the Pearl: Gm Juan

JerryO3434: LONG BRCM AT 40.32

(9:54 AM) ovetus: do heard ok? not using stops ?

(9:55 AM) ovetus: today?

(9:55 AM) II VWAP II: out BRCM 32 lol

(9:55 AM) II VWAP II: lolllllll

(9:55 AM) BarbaraT1: PAAS Reversal Alert: Pan Am Silver goes green following 2.30+ rally from session low... NExt level of interest at 24.80 (24.57 +0.13

(9:55 AM) cravada: juan, no . Just on SNDK AAPL,,they jack around too much

(9:55 AM) Earl the Pearl: RMBS

(9:55 AM) seward: NTRI woo

(9:55 AM) BarbaraT1: A number of gold stocks catching a bid off the lows: ABX, NEM, AU, etc

(9:55 AM) Earl the Pearl: 38.50

(9:55 AM) Rusty Kash: me not know kimosabe

(9:55 AM) seward: long 68.08

(9:55 AM) BarbaraT1: QCOM reversal

(9:56 AM) seward: out ntri for .66

(9:56 AM) seward: ntri running

(9:56 AM) seward: missed .50

(9:58 AM) emg3emg3: mrvl on the move

(9:58 AM) Nick_1111: Gold rebounding here

JerryO3434: SOLD BRCM AT 40.50

(9:58 AM) karin_60: sold 40.51

(9:58 AM) ian_h: out brcm 48

(9:58 AM) karin_60: yessssssssss

(9:58 AM) easyeddie: y

(9:58 AM) dancer1937: brcm +.20

(9:58 AM) cabtrader: 6 :6

(9:58 AM) BarbaraT1: Tellabs-TLAB reported another strong 1Q exceeded estimates-Neutral@JANY

(9:58 AM) BarbaraT1: QCOM moving up

(9:59 AM) BSilvey: got .10 in appl

(9:59 AM) BarbaraT1: MRVL reversal up

(9:59 AM) brownbear_1: brcm the aapl of yesterday

(9:59 AM) ian_h: sold aapl 83

(9:59 AM) Rusty Kash: exit MXIM @ .77 +.42

(9:59 AM) ian_h: flat for nernanke now

JerryO3434: SOLD AAPL AT 67.85

(9:59 AM) ian_h: ber

(9:59 AM) BarbaraT1: ADBE Adobe Systems - - Relative Strength (38.43 +0.28

(9:59 AM) ian_h: me too Jer!

(10:00 AM) ian_h: sory

(10:00 AM) ovetus: AAPL res 68.28

(10:00 AM) BarbaraT1: SMH Relative Strength: Semiconductors Hldrs Trust stages solid rally off lows... Next level of interest at 37.33, followed by 37.66 (37.31 -0.02)

(10:00 AM) ovetus: agree withou t stops on AAPL

(10:00 AM) higgins: the may may pause first words out

(10:00 AM) sreno: LRCX, KLAC flying

(10:00 AM) ovetus: stops whipes you out in AAPL

(10:00 AM) cravada: sweeeeet call young man

(10:00 AM) BarbaraT1: nke says Fed may pause even if risks aren't balanced - Bloomberg

(10:00 AM) cabtrader: mrvl

(10:00 AM) BarbaraT1: Help Wanted Index 38 vs 39 consensus

(10:00 AM) ian_h: just wait until heopens his mouth though?

(10:00 AM) MMags1999: just sold my brcm from 39.80 made 1.07!

(10:01 AM) brownbear_1: brcm !!!!

(10:01 AM) BarbaraT1: WEN prelim $0.44 vs $0.45 Reuters consensus; revs $931.5 mln vs $910.08 mln Reuters consensus

(10:01 AM) Rusty Kash: is that unusual?

(10:01 AM) cabtrader: having big fun with you

(10:01 AM) Nick_1111: Gold flying here

(10:01 AM) BarbaraT1: BONDX Bernanke says "reasonable" to expect economy to moderate

(10:01 AM) ovetus: gamosky futs

(10:02 AM) ovetus: NQs Ess beatifull thing

(10:02 AM) BarbaraT1: what a move on futures6 points on last 3 min bar ES

(10:02 AM) ovetus: AMZN flying

(10:02 AM) Nick_1111: Goldski flying

(10:02 AM) BarbaraT1: Bernanke says near term prospects good... economy performing well

(10:03 AM) ovetus: MRVL gamo

(10:03 AM) BarbaraT1: THI Tim Hortons reports Q1 EPS of $0.39 vs $0.30 in 2005; revs rose 15% YoY to $372.8 mln (27.31 +0.20)

(10:03 AM) ovetus: mkt turning bulish

(10:03 AM) Earl the Pearl: mRVL KLAC HOD

(10:03 AM) zoner_2: MRVL

(10:03 AM) BarbaraT1: GB Wilson Greatbatch: Buy in advance of increased realization that 06-07 outlook is not as bad as mkt has come to believe - Lazard (23.46 +3.30)

(10:04 AM) ian_h: BRCM 350 cci

(10:04 AM) Rusty Kash: exit MXIM 35.25 +.90

(10:04 AM) ovetus: long SNDK 62>>>>>>>

(10:05 AM) Earl the Pearl: RMBS great call off the 38 yeah

(10:05 AM) dancer1937: tks Jer. 3 for 3

(10:05 AM) II VWAP II: http://www.trade2win.com/boards/showthread.php?p=249341#post249341

(10:05 AM) Earl the Pearl: y

(10:05 AM) BarbaraT1: Analysts believe Natural Gas Inventories rose 70 bcf during the week ended April 21st; analyst estimates range from a gain of 45-100 bcf. A gain of 70 bcf would raise stocks to ~1.831 tcf compared to 5-year average of 1.141 tcf.

JerryO3434: STILL IN SCALP MODE

(10:06 AM) cravada: only 2? i heard about 5

(10:06 AM) cravada: the best was to wait for the wash out this morn

(10:06 AM) Nick_1111: they are so sweet

(10:06 AM) BarbaraT1: WEN Wendy's misses by a penny, beats on revs (62.23 +0.47)

(10:06 AM) BarbaraT1: MANU Manugistics downgraded to Mkt Perform from Outperform at JMP Securities following announced JDAS acquisition (2.46 +0.01)

(10:07 AM) cravada: lol, I know you do Jerr.., it's a thing of beauty to watch

(10:07 AM) brownbear_1: AAPL did not participate

(10:07 AM) brownbear_1: beautiful

(10:07 AM) ian_h: sticky quotes on laser level 2 atm

(10:08 AM) mplsrmt: rmbs cup

(10:08 AM) MMags1999: Yes Jer... made 1 point .40 already today

(10:08 AM) MMags1999:

JerryO3434: LONG BRCM AT 41.14

(10:08 AM) cravada: I'm reading that Bernaanke says: pause in rate hikes wouldn't signal the end.

(10:08 AM) Nick_1111: look at GG___AEM

(10:08 AM) ovetus: ABI in power trend up

(10:09 AM) ovetus: the same old guys , the good ones

(10:09 AM) BarbaraT1: U.S. SEC SAYS REGISTRATION FOR BARCLAYS ISHARES SILVER TRUST DECLARED EFFECTIVE - Reuters

(10:09 AM) cravada: Bernanke's proving he can fire up a market w/ the best of them,lol

(10:09 AM) BarbaraT1: back in a bit

(10:09 AM) ovetus: ABI (not Cohen )

JerryO3434: SOLD BRCM AT 41.42

(10:10 AM) karin_60: yessssssssss

(10:10 AM) Nick_1111: oh ya baby

(10:10 AM) ian_h: yyyyy

(10:10 AM) ovetus: ICE flying at 71

(10:10 AM) karin_60: alive and well

(10:10 AM) cabtrader: y

(10:10 AM) Dan-NY: aal of them

(10:10 AM) karin_60: counting my money

(10:10 AM) scottmarket: yes, good morning

(10:10 AM) MMags1999: y

(10:10 AM) easyeddie: y brcm

(10:10 AM) doggie10: we are busy!!!!

(10:10 AM) Trader6: y

(10:10 AM) brownbear_1: holy s***t

(10:10 AM) MMags1999: I shared my profit ... I posted it

(10:10 AM) dancer1937: 3 for 3

(10:10 AM) mercalex: BRCM--you called it man!

(10:10 AM) Nick_1111: bought slam on GG__NEM__AEM

(10:10 AM) MMags1999: gotta give you the brcm for sure

(10:10 AM) seward: Y

(10:11 AM) seward: Out brcm for .20

(10:11 AM) ovetus: ICE (nice mover) from 68.28 , lod now 71.31 what a money we made in this puppy !!!

(10:11 AM) seward: yikes, bad fill

(10:11 AM) seward: out brcm for loss of two cents

(10:11 AM) ovetus: CRD gamo

(10:11 AM) ovetus: CRDN next 56.00

(10:11 AM) BarbaraT1: SNDK hod

(10:12 AM) BarbaraT1: GLD streetTRACKS Gold Shares at session highs near its April highs at 63.79/63.95 (63.83 +0.18

(10:12 AM) BarbaraT1: US CRUDE OIL, GASOLINE FUTURES PRICES "ACCURATELY REFLECTING" UNDERLYING MARKET FUNDAMENTALS, according to CFTC - Reuters

(10:12 AM) ian_h: the bid is above the ask

(10:12 AM) ian_h: i think the asl price seems delayed

(10:12 AM) ian_h: have sent it to kravets

(10:13 AM) Nick_1111: Bernake is da man

(10:13 AM) brownbear_1: me tooooooo

(10:13 AM) cabtrader: got some problems with trades in aapl

(10:13 AM) brownbear_1: good buy greenspan

(10:13 AM) ovetus: ABI baby, a vertical zoom line up

(10:14 AM) zoner_2: mrvl

JerryO3434: NIKY

JerryO3434: THE BEST

(10:14 AM) Nick_1111: booyaaaaa to bernake

(10:14 AM) southfield_1: and to cramer

(10:14 AM) ovetus: i just love Bernanke

(10:14 AM) ian_h: just had a reply from genesis

(10:14 AM) ian_h: they are looking at it

(10:15 AM) BarbaraT1: AAPL Apple Computer edges above yesterday's high following initial weakness... .Next level of interest at 70.00 (68.48 +0.33

(10:15 AM) II VWAP II: IB down again

(10:15 AM) II VWAP II: back now

(10:15 AM) seward: IB feed been intermittant all day

(10:15 AM) seward: got the software update today

(10:16 AM) seward: pretty colors, but doesnt work well...

(10:16 AM) ovetus: IB ok here, no problems

(10:16 AM) MMags1999: jer- you had brcm lined up from yesterday

(10:16 AM) scottmarket: seward, IB been fine here all morning

(10:16 AM) II VWAP II: << flat so does not bother me Seward thank God

(10:16 AM) MMags1999: great set up call

(10:16 AM) brownbear_1: ib ok here all day

JerryO3434: MAGS YOU BET

(10:16 AM) ian_h: problem with ARCA

(10:16 AM) BarbaraT1: CFTC say conducting "VERY CLOSE SURVEILLANCE" OF NYMEX ENERGY TRADING, WON'T TOLERATE "IMPROPER CONDUCT"

(10:16 AM) ovetus: sold ABI 28.35 +1.05 c

(10:16 AM) BarbaraT1: SNDK all over the place

(10:16 AM) cravada: look at the gap fill on BRCM from yesterday

(10:16 AM) MMags1999: y

(10:16 AM) brownbear_1: say again

(10:17 AM) BarbaraT1: INTC Intel: CEO expects PC industry growth to slow to high single-digits in 2006 -- Reuters (19.60 +.11)

(10:17 AM) cravada: Barb, get a handle on SNDK, and who needs another stock;--)

(10:17 AM) ovetus: JOYG ps above 66.4026

(10:17 AM) MMags1999: glad i participated this time

(10:17 AM) ovetus: good for home builders imho

(10:17 AM) Nick_1111: this man luvs gold

(10:17 AM) II VWAP II: << scared of taking pos on BRCM @ these levels

(10:17 AM) ovetus: interest rate sensitive sector

(10:18 AM) ovetus: ICE da beast hod 71.33

(10:18 AM) ovetus: BRCM ps below 40.8733

(10:18 AM) cravada: juan, that may be, but news today is that homies are getting hit on lowered outlooks lately.

(10:18 AM) ovetus: AMZN ps below 35.5021

(10:19 AM) cabtrader: no way to short brcm ian

(10:19 AM) karin_60: but they also said a fed pause may NOT signal rate hikes are done

(10:19 AM) II VWAP II: OVETUS what does PS mean pls

(10:19 AM) BarbaraT1: XMSR XM Satellite extends above its opening range top towards yesterday's low of 21.52 (21.36 -0.65)

(10:19 AM) karin_60: well

(10:19 AM) ovetus: power stop

(10:20 AM) karin_60: what's the dollar doing?

(10:20 AM) II VWAP II: BRCM downnnnnnnnnnnnn

(10:20 AM) karin_60: okay dokey

(10:20 AM) cabtrader: lost a great trade on brcm

(10:20 AM) ovetus: it has been like tat since long time, they hint that will be the last,,,and still raising

(10:20 AM) BarbaraT1: GEPT Global ePoint's Aviation Division Receives Order from Leading Aircraft Cabin Interior Products Company (3.44 +.16)

(10:21 AM) BarbaraT1: Natural Gas preview; data expected in approx 10 minutes

(10:21 AM) mplsrmt: my dollars are taking more friends home

(10:21 AM) ovetus: oil 71.375 -.55

JerryO3434: LONG BRCM AT 41.05 20 CENT STOPS

(10:21 AM) ovetus: BRCM ps below 40.8566

(10:21 AM) BarbaraT1: EYE Reversal Alert: EYE rallies more than 1 point off the lows, trades into the green (46.90 +0.26)

JerryO3434: 1315 HEAVY R

(10:22 AM) BarbaraT1: XMSR XM Satellite earnings conf call update: Oprah on schedule for Sept launch, construction of studio underway (21.21 -0.80

(10:23 AM) ovetus: now heavy selling SEPR

JerryO3434: LONG AAPL AT 68.33

(10:25 AM) ian_h: LASER: Admin message

(10:25 AM) ian_h: arca quotes problem

JerryO3434: SOLD BRCM AT 41.22

(10:26 AM) cabtrader: out aapl

JerryO3434: SOLD AAPLO AT 68.40

(10:27 AM) ian_h: y

(10:27 AM) cabtrader: yy

(10:27 AM) ian_h: y

(10:27 AM) Rusty Kash: y

(10:27 AM) Dan-NY: y

(10:27 AM) mercalex: hello

(10:27 AM) Nick_1111: alo

(10:27 AM) paul9406: hello

(10:27 AM) seward: y

(10:27 AM) BSilvey: busy here - several trades - no losses

(10:28 AM) II VWAP II: no losses too only 4 trades

(10:28 AM) cabtrader: 8 winners no loss

(10:28 AM) ian_h: 2 for2

(10:28 AM) dancer1937: 5 for 5

(10:28 AM) Dan-NY: 9w of 9tr

(10:28 AM) freedom_1000: 3 for 3

(10:28 AM) Rusty Kash: 4/4

(10:28 AM) II VWAP II: << is joyful of CAB winning ya da man

(10:29 AM) Dan-NY: but only 100 shares

(10:29 AM) II VWAP II: awesomeeeeeeeeeeee dannyyyyyyyyyyy

(10:29 AM) MMags1999: 3 for 3 here

(10:29 AM) brownbear_1: wtg danny

(10:29 AM) Dan-NY: Thank u guys

(10:29 AM) ian_h: wd Danny! You know it makes sense?

(10:29 AM) Dan-NY: because of u

(10:29 AM) brownbear_1: consistancy counts

(10:29 AM) II VWAP II: lol IAN is that from DELLY boy to rodney lol

(10:29 AM) II VWAP II: you know it make sence lol

(10:30 AM) ian_h: thats the one!

(10:30 AM) Dan-NY: lol

(10:30 AM) ian_h: l apl 58

(10:30 AM) Rusty Kash: blow & go....submariners lingo

(10:31 AM) cabtrader: akam long, jerry?

(10:32 AM) cabtrader: true

(10:34 AM) seward: BRCM pullback

JerryO3434: LONG BRCM AT 40.89

(10:40 AM) seward: wow filled at .78

(10:41 AM) dancer1937: brcm .83

(10:43 AM) seward: shoulda bailed at .90

JerryO3434: STOPPED OUT FOR 20 CENTS

(10:43 AM) seward: out lost .14

(10:44 AM) BarbaraT1: XMSR XM Satellite conf call update: FCC issue - not a safety or health issue and rarely does the FCC require recall on issues like this (20.87 -1.15)

(10:45 AM) BarbaraT1: Bernanke says he hopes to see rise in real wages... puzzled with the lag between those wages and productivity

(10:46 AM) cabtrader:

(10:46 AM) BarbaraT1: GOOG Google breaks to new session low, nearing the early April peak at 419.10 with the bottom of last wk's gap at 416.00 (419.40 -6.57)

(10:46 AM) seward: brcm falling

(10:46 AM) seward: brcm .23

(10:47 AM) BarbaraT1: the market falling

(10:47 AM) BarbaraT1: BA Boeing slides lower intraday under yesterday's low of 83.20 (83.11 -1.79)

JerryO3434: LONG AAPL AT 68.12

(10:48 AM) Dan-NY: my e signal freeze

(10:50 AM) seward: tzoo coming along

(10:51 AM) BarbaraT1: PNM of PNM Resources: Federal Court Dismisses California Attorney General Lawsuit Against PNM, Powerex (25.00 +0.13)

(10:51 AM) seward: aapl baby

(10:51 AM) seward: long .14

(10:51 AM) BarbaraT1: ORCL broke thru 15 for a second .. multi year high

JerryO3434: SOLD AAPL AT 68.30

(10:51 AM) karin_60: wow on orcl

(10:51 AM) BSilvey: y

(10:51 AM) seward: out aapl .30, small shares

(10:51 AM) dancer1937: y

(10:52 AM) seward: y

(10:52 AM) BSilvey: y

(10:52 AM) II VWAP II: I got it cheaper

(10:52 AM) dancer1937: yy

(10:52 AM) MMags1999: y

(10:52 AM) bocarat: y

(10:52 AM) superg3: y

(10:52 AM) II VWAP II: 0nly 3

(10:52 AM) hockeypuck7: got .15 on aapl

(10:52 AM) II VWAP II: c

(10:52 AM) Inna678: no

(10:52 AM) BarbaraT1: AKAM trying to bounce .. had about 4 upgrades this morning and still can't peek into green

(10:53 AM) BarbaraT1: F Ford Motor: WHITE HOUSE MEETING WITH BIG THREE CEO'S SCHEDULED FOR MAY 18, according to source - Reuters (7.17 -0.08

(10:53 AM) Rusty Kash: still in

(10:53 AM) BarbaraT1: QCOM holding up near hod

(10:53 AM) MMags1999: low?

(10:53 AM) Dan-NY: me too

(10:53 AM) MMags1999: especially on such a nice rally day

(10:53 AM) II VWAP II: i count as four cos my nose is bigger

(10:53 AM) II VWAP II: lol

(10:53 AM) MMags1999: yes

(10:53 AM) MMags1999: LOL

(10:54 AM) II VWAP II: niceeeeeeee one

(10:54 AM) MMags1999: I love the nose thing vwap!

(10:54 AM) MMags1999: mine is so big when I lay on the beach they use me as a sun dial

(10:55 AM) seward: yep, it was .22 minute ago

(10:55 AM) ian_h: sold brcm 90

(10:55 AM) ian_h: thanks jer

(10:55 AM) brownbear_1: nice call there jer

(10:56 AM) Dan-NY: should I stop Jerr. I have 14 wining trades

(10:56 AM) Dan-NY: ?

(10:56 AM) Dan-NY: yes

(10:56 AM) brownbear_1: only get a day like this twice a year

(10:56 AM) scottmarket: wow, awesome

(10:56 AM) seward: im not worthy

(10:56 AM) ian_h: slow down Danny boy!

(10:57 AM) Dan-NY: 154 $

(10:57 AM) Dan-NY: 10 cents avarege

(10:57 AM) Dan-NY: per trade

(10:57 AM) II VWAP II: CLAPING CLAPING DANNY

(10:57 AM) seward: time for 200 shares?

(10:57 AM) scottmarket: even times 3 is nice

(10:57 AM) Dan-NY: your metod

(10:57 AM) mplsrmt: 1540 at 1000

(10:57 AM) mplsrmt: wow

(10:57 AM) hockeypuck7: awesome danny

(10:57 AM) brownbear_1: wtg - consistency

(10:57 AM) mercalex: congrats

(10:57 AM) bocarat: vn on 100 shares. take the day off and go to Sheepshead Bay

(10:57 AM) Dan-NY: no 200 shares

JerryO3434: FANTASTIC

(10:57 AM) seward: danny do you go in and out at mkt?

(10:57 AM) Dan-NY: one month like this and then 200

(10:57 AM) seward: how do you set your stops?

(10:58 AM) BSilvey: I'm only trading btwn 200 - 500 and am up 250

(10:58 AM) Dan-NY: automatic 10 cents stops

(10:58 AM) seward: (he sounds really disciplined guys)

(10:58 AM) Dan-NY: no thinking

(10:58 AM) scottmarket: Danny, when you start putting out your news letter, let me know

(10:58 AM) Dan-NY: Because I lost alot

(10:58 AM) cabtrader: trading 100 shares today, up 165

JerryO3434: 90 TRADERS

(10:58 AM) II VWAP II: up $1726 average trade 2000 shares

(10:58 AM) Earl the Pearl: wow 90 we growing!!!!!

(10:58 AM) Dan-NY: Scott I trade Jerry stocks

(10:59 AM) scottmarket: j/k awesome!

(10:59 AM) seward: tzoo

(10:59 AM) MMags1999: Jer..I am with ya..I just dont yap as much as I used to

(10:59 AM) MMags1999: I cant take getting yelled at anymore

(10:59 AM) MMags1999: lol

(10:59 AM) MMags1999: lol

(10:59 AM) seward: si

(11:00 AM) MrStock1: hammer on brcm

(11:00 AM) BarbaraT1: JNJ Johnson & Johnson raises their dividend 13.6% to $0.375 from $0.33 (58.86 +0.32)

(11:00 AM) cabtrader: aapl

(11:00 AM) BarbaraT1: DO Diamond Offshore - - Reversal Alert (91.23 -0.12

JerryO3434: BARB

JerryO3434: DID YOU SEE THAT SET UP AT 1306.50 AT THE 34

(11:01 AM) BarbaraT1: BNI Burl Nrth Santa Fe - - Relative Weakness (78.75 -3.57

(11:01 AM) BarbaraT1: no ...

(11:01 AM) BarbaraT1: was on phone

JerryO3434: K

(11:01 AM) BarbaraT1: that reminds me - where is screen?

(11:02 AM) seward: im short RMBS puts again

(11:02 AM) BarbaraT1: MSFT hod

(11:02 AM) mplsrmt: ebay hod

(11:03 AM) BarbaraT1: RMBS Rambus edges higher intraday above its 39.50 intraday resistance (39.68 +0.37)

(11:03 AM) BarbaraT1: VLO green

(11:04 AM) Earl the Pearl: go RMBS baby

(11:04 AM) BarbaraT1: AKAM trying to come back

(11:05 AM) BarbaraT1: MRVL too

(11:05 AM) BarbaraT1: HPQ going

(11:06 AM) dancer1937: done for the day. 7 for 7

(11:07 AM) BarbaraT1: XMSR Oprah on schedule for Sept launch, construction of studio underway...Reaffirms that it expects to be cash flow positive in Q4 and all of FY07...FCC issue not a safety or health issue

(11:07 AM) BarbaraT1: BG Bunge: hearing tier-1 firm defending intraday (54.03 -3.97)

(11:08 AM) Earl the Pearl: ICE HOD who ever trades it

JerryO3434: LONG BRCM AT 41.05

JerryO3434: 30 CENT STOPS

(11:09 AM) ovetus: RESP in a strong move up

(11:09 AM) zoner_2: EBAY-could move

(11:09 AM) ovetus: RESP resit 36.00

(11:09 AM) mplsrmt: rmbs

(11:09 AM) ovetus: RMBS gamo

(11:10 AM) ovetus: da bus!!!!!!!!!!!

(11:10 AM) cabtrader: mrvl going

(11:10 AM) ovetus: RMBS could go to 40.523 ps above 60min

(11:11 AM) cabtrader: +.20 mrvl

(11:12 AM) dancer1937: had to take one more trade 8 for 8

JerryO3434: L;OL

(11:13 AM) ian_h: that makes me feel good! me too

(11:13 AM) BarbaraT1: raises rev guidance (55.38 +0.47)

(11:14 AM) Earl the Pearl: hey dancer 9 is my lucky number so you have 1 more trade left LOL

(11:14 AM) II VWAP II: out BRCM

(11:14 AM) BarbaraT1: XOM Exxon Mobil closes this morning's gap down as it rallies back to yesterday's low of 63.01 (63.01 -0.09)

(11:14 AM) II VWAP II: 9 c scalp

(11:14 AM) BarbaraT1: CRDN Ceradyne on call raises guidance to $3.80-3.90 vs 3.67 consensus; also raises rev guidance (55.38 +0.47

(11:14 AM) cabtrader: aapl

(11:14 AM) Rusty Kash: AAPL grinding to the triple top line

(11:15 AM) cabtrader: +.02 aapl

(11:15 AM) BarbaraT1: ES going to hod

(11:15 AM) cabtrader: .20

(11:15 AM) karin_60:

(11:15 AM) BarbaraT1: NQ hod

(11:15 AM) scottmarket: room rocks!

(11:15 AM) seward: long RMBS 39.86, only 100 shares

(11:15 AM) BarbaraT1: RIMM at high

(11:15 AM) BarbaraT1: ORCL new multiyear high

(11:15 AM) eam707: akam going like you said Jer

(11:15 AM) BarbaraT1: QCOM hod

(11:16 AM) BarbaraT1: AMAT hi

(11:16 AM) II VWAP II: lolllllllllll jerry is nominated in oscar as top trader

(11:16 AM) BarbaraT1: CSCO knocking on 21

(11:16 AM) karin_60: oink

(11:16 AM) ian_h: sold brcm 25

(11:16 AM) BarbaraT1: SMG hod

(11:16 AM) ian_h: soldaapl 70

(11:16 AM) seward: out brcm

(11:16 AM) karin_60: si

(11:16 AM) dancer1937: yyyy

JerryO3434: SOLD BRCM AT 41.31

(11:16 AM) cabtrader: yeah

(11:16 AM) BarbaraT1: MSFT hod ahead of earnings

(11:16 AM) scottmarket: very

(11:16 AM) BarbaraT1: BHI Baker Hughes rallies off this morning's lows to probe yesterday's high at 81.10 ( 81.21 +2.21) -

(11:16 AM) seward: made .25

(11:17 AM) seward: aapl

(11:17 AM) Rusty Kash: my speakers are exploding too

(11:17 AM) BarbaraT1: oil stocks reversing ... VLO flying up

(11:18 AM) BarbaraT1: TRAD TradeStation at sesion high eyeing recent range high of 16.35... Next level of interest 16.61 (16.17 +0.14)

(11:18 AM) BarbaraT1: SMH at highs

JerryO3434: OK VWAP THANKS

(11:18 AM) KerriM: +.20 on akam

(11:18 AM) II VWAP II: be careful

(11:18 AM) BarbaraT1: QCOM back over 52

(11:18 AM) ovetus: DADE powertrendup

(11:18 AM) Rusty Kash: exit AAPL @ .74 +.80

(11:18 AM) ovetus: DADE at resistance 37.45

JerryO3434: NO

(11:20 AM) II VWAP II: SNDKKKKKKKKKK fallinggggggggggggg

(11:20 AM) seward: stopped rmbs for .18

(11:20 AM) karin_60: .60 on rmbs

(11:21 AM) KerriM: akam on way to filling gap

(11:21 AM) BarbaraT1: ACI Arch Coal anounces Two-For-One Stock Split and 50% Dividend Increase (96.51 -0.52)

(11:21 AM) freedom_1000: aapl

(11:22 AM) BarbaraT1: NTAP Network Appliance trades to new session high, above 3-day range top (37.50 +0.44)

(11:22 AM) ovetus: AAPL next 69

(11:22 AM) zoner_2: EBAY

(11:22 AM) ovetus: SNDK gamo

(11:22 AM) ovetus: SNDK going to 62.90

(11:22 AM) BarbaraT1: MSFT hod

(11:23 AM) BarbaraT1: QCOM running fast

(11:23 AM) BarbaraT1: RIMM hod

(11:23 AM) BarbaraT1: ACI reversal ...

(11:23 AM) BarbaraT1: AKAM reversal

(11:23 AM) kidcul: I can say with all candor this market looks bullish

(11:24 AM) BarbaraT1: AMAT hod

(11:24 AM) ovetus: JOYG got smahed am, now looks for a break of 66.25

(11:24 AM) kidcul: but it sure can reverse very fast at any time

(11:24 AM) BarbaraT1: SMH hod

(11:24 AM) ovetus: CRDn gamo

(11:24 AM) scottmarket: you sure did, nice!

(11:24 AM) mercalex: Jer, sox reverse back up on PnF at 525?

(11:25 AM) karin_60: yeah....AKAM 1.80

(11:25 AM) BarbaraT1: VLO hod

(11:25 AM) karin_60: didn't scalp

(11:25 AM) cabtrader: sndk going

(11:25 AM) Rusty Kash: wtg Jer...nice calls

(11:25 AM) karin_60: love it

(11:26 AM) ovetus: MCHP going nuts

(11:26 AM) ovetus: MCHP res 38

(11:26 AM) ovetus: MCHP next 38.55

(11:26 AM) ovetus: if momo keeps going on

(11:27 AM) ovetus: big spike SIRF folks

(11:27 AM) KerriM: uarm

(11:27 AM) BarbaraT1: VRTX Vertex Pharm target raised to $50 from $40 at ThinkEquity (35.92 +1.10)

(11:29 AM) ovetus: long SIRF 34.45>>>>>>>>

(11:30 AM) ovetus: MYGN gamo

(11:30 AM) ovetus: PGNX gamo++++++

(11:30 AM) ian_h: AAPL breaking out of the downtrend line on the daily

(11:30 AM) ovetus: VWap are you short SNDK ?

(11:31 AM) ovetus: SNDK 62.90 looks easy

(11:31 AM) ian_h: yes saw that Jer

(11:31 AM) II VWAP II: OVE NO

(11:31 AM) ovetus: lokks ok way up

(11:31 AM) kirke-01: y

(11:31 AM) ian_h: that was yesterday

(11:31 AM) karin_60: wasn't here

(11:31 AM) ian_h: and yes

(11:31 AM) MMags1999: yes but yesterday at 39.80

(11:31 AM) scottmarket: I bought calls

JerryO3434: BRCM IN YOUR IRA THE OTHER DAY AT 38,75

(11:32 AM) ovetus: BVN lomo

(11:32 AM) scottmarket: XOM $2 off low, amazing

(11:33 AM) Rusty Kash: Don't look for 68.50 ....it won't appear until the split

(11:34 AM) ovetus: MOGN gamo

(11:34 AM) scottmarket: I need a nap lol

(11:34 AM) karin_60: me2

(11:34 AM) ovetus: SIRF on fire

(11:34 AM) paul9406: what doe's gamo mean please

(11:35 AM) seward: Gaining Momentum

(11:35 AM) seward: Lomo losing

(11:35 AM) ovetus: SIRF ps above 35.2457

(11:35 AM) paul9406: thanks mate

(11:35 AM) BarbaraT1: AKAM Akamai Tech at sesssion high, after edging above yesterday's close of 33.34... Next area of interest at 33.44, followed by 34.00 (33.21 -0.13)

(11:35 AM) cabtrader: nice little short on brcm + .15

(11:36 AM) karin_60: .12 on SANM

(11:36 AM) brownbear_1: dow 650 coming

JerryO3434: SPX AT 1295

(11:36 AM) seward: brcm down .35 from hi

(11:37 AM) cabtrader: nice little short on aapl +.012

JerryO3434: http://www.buyitbuyitsellitsellit.com/OJ2.gif

(11:37 AM) BarbaraT1: IKNX Ikonics reports Q1 EPS of $0.05 vs $0.01 in 1Q05; revs rose 1% YoY to $3.4 mln (9.68 -0.02)

JerryO3434: P&F CHART OF THE NQ'S FUTURES

(11:37 AM) BarbaraT1: ESRX Express Scripts - - 200 Day Alert (76.13 -8.13

(11:38 AM) BarbaraT1: Vertex Pharmaceuticals-VRTX target upped to $50 on revised data-Buy@THNK

(11:38 AM) scottmarket: y

(11:38 AM) mr moto_1: y

(11:38 AM) cabtrader: y

(11:39 AM) Dan-NY: y

(11:39 AM) brownbear_1: good chart

(11:39 AM) scottmarket: just trying to figure out the P&F chart

(11:39 AM) karin_60: different

JerryO3434: http://www.buyitbuyitsellitsellit.com/OJ3.gif

JerryO3434: MED 1300

JerryO3434: IF WE CAN CLOSE AT THESE LEVELS

(11:41 AM) Rusty Kash: AAPL lifting

JerryO3434: MAJOR HAMMERS ON ALL INDEXS

(11:42 AM) Dan-NY: 510.62 sox

(11:42 AM) gjeinc100: so far bullish engulfing candle jer on smh! if holds up here!

(11:42 AM) Dan-NY: i think

(11:42 AM) ian_h: sox took out low and hogh

(11:43 AM) ian_h: yest low 510.59

(11:43 AM) ian_h: high 518.90

(11:43 AM) ian_h: today 505 ish

(11:43 AM) ian_h: 520 ish

(11:44 AM) II VWAP II: $295

(11:44 AM) II VWAP II: -$295

(11:44 AM) BarbaraT1: KOR Koor Industries; Tshuva in talks to buy Koor - Globes.com (12.43 +.71)

(11:44 AM) ian_h: if your giving money away, I will have a bit please

(11:45 AM) BarbaraT1: DECK Deckers Outdoor: Good chance for Q1 upside - Lazard (42.88 +0.70)

JerryO3434: 1312.75

(11:46 AM) ian_h: Genesis to commence options trading in 2 weeks

(11:46 AM) BarbaraT1: Cisco and Motorola dissolve WiFi cellular venture

(11:46 AM) ian_h: hot off the press!

(11:46 AM) ovetus: im drinking a "cosmos"

(11:46 AM) karin_60: coffee with kaluah

(11:46 AM) ovetus: nice karin

(11:46 AM) karin_60: a tiny bit

(11:47 AM) cabtrader: going for dinner and a half pint of guinness, c y later, good trades

(11:48 AM) ian_h: nice one marcus!

(11:48 AM) ovetus: take care cab

(11:48 AM) karin_60: nice

(11:48 AM) ovetus: go Arsenal !!!!

(11:48 AM) ovetus: go Barcelona !!!

(11:48 AM) BarbaraT1: SFD Smithfield Foods Q4 estimate cut at Prudential - seeing weakness in expanded cattle feeding ops, core pork/beef (28.05 +0.36)

JerryO3434: LONG BRCM 41.58

(11:49 AM) ovetus: Spanish vs English in the Fianl Cup match Europe

(11:49 AM) paul9406: up the gunners

(11:49 AM) MMags1999: me too..

(11:49 AM) MMags1999: .59

(11:49 AM) ovetus: Final

(11:49 AM) MMags1999: using a .20 stop

(11:49 AM) ovetus: nice match we will see

(11:49 AM) ian_h: in at 60 brcm

(11:49 AM) ovetus: da bus rsit 40.54

(11:50 AM) ovetus: looks like an active"lunCh" overthere lol

(11:50 AM) paul9406: cannot wait, gunners our local team here

(11:50 AM) mplsrmt: order pizza

(11:50 AM) paul9406: paper only

(11:50 AM) ian_h: yest high on BRCM 41.87

(11:50 AM) ovetus: guners, great goalkeeper that german Lehman

(11:50 AM) gjeinc100: aapl wants up and out too

(11:50 AM) mplsrmt: aapl

(11:50 AM) BarbaraT1: AKAM hod

(11:50 AM) gjeinc100: nice pt

(11:50 AM) paul9406: perfecting our system

(11:50 AM) BarbaraT1: LRCX running - highs

(11:51 AM) BarbaraT1: AKAM going up now

(11:51 AM) zoner_2: xlnx-hod

(11:52 AM) ovetus: long VLO 64.00>>>>>>>>>

(11:52 AM) karin_60: join the club

(11:52 AM) karin_60: or rather me

JerryO3434: NICE VWAP

JerryO3434: NICE BOND MARKET RALLY

(11:54 AM) BarbaraT1: XOM Exxon Mobil says Nigeria operations in state of higher alert, but running normally - Reuters (62.63 -0.47

(11:54 AM) II VWAP II: musch better thab to announce than type with mytypeing speed

(11:54 AM) brownbear_1: thnx for the info vwap

(11:56 AM) scottmarket: what a day

(11:57 AM) ian_h: hod

(11:57 AM) scottmarket: HOD!!

JerryO3434: SOLD BRCM AT 41.78

(11:58 AM) BarbaraT1: XOM Exxon Mobil says Nigeria operations in state of higher alert, but running normally - Reuters (62.63 -0.47)

(11:58 AM) ian_h: out 82

(11:59 AM) ian_h: sorry 79

(11:59 AM) KerriM: took another .20 on akam

JerryO3434: FLAT

JerryO3434: AKAM

(12:01 PM) ovetus: NGAs gamo

(12:02 PM) mercalex: BRCM yesterday HOD was 41.87 -- wow

(12:02 PM) mercalex: tomorrow

(12:02 PM) mercalex: yes

(12:02 PM) mercalex: thanks

(12:03 PM) mercalex: in BRCM from yest--woopee

(12:03 PM) BarbaraT1: CTRP Volume Alert: CTRP spikes 2 points in past 5 min on surge in volume (46.36 +2.19)

(12:03 PM) ian_h: aapl to test the top at 69.39

(12:03 PM) Rusty Kash: CSCO moving through 21 on monster quarter exp

(12:03 PM) ian_h: 3rd test

(12:03 PM) ian_h: futs hod

(12:03 PM) BarbaraT1: CTRP Ctrip.com spike attributed to positive newsletter mention (46.04

(12:04 PM) karin_60: .33 on SANM

(12:04 PM) karin_60: going for lunch

(12:04 PM) BarbaraT1: don't see NGAS as gamo

(12:04 PM) BarbaraT1: I'm in it.. wish I did

(12:05 PM) mercalex: unbelievable Jerry--you did it AGAIN

(12:05 PM) BarbaraT1: QCOM hod

(12:05 PM) karin_60: you are good!

(12:05 PM) mercalex: I'm in awe

(12:05 PM) BarbaraT1: HPQ hod

(12:05 PM) karin_60: and this is only my 2nd day

(12:06 PM) ovetus: MRVL next 56.80

(12:06 PM) mercalex: I admire your modesy

(12:06 PM) mercalex: modesty

(12:06 PM) karin_60: funny

(12:06 PM) karin_60: go for it

(12:07 PM) ovetus: sold SIRF 34.65 +.20 c

(12:07 PM) BarbaraT1: PCU Sthrn Peru Copper CFO says sees no quick end to La Caridad strike - Reuters (95.24 -1.62)

(12:07 PM) mercalex: yep

(12:07 PM) ovetus: sold SNDK 62.81 +0.81 c

(12:07 PM) karin_60: sure

(12:08 PM) Rusty Kash: nice

(12:08 PM) Nick_1111: U cant buy gold bullion anywhere

(12:08 PM) mercalex: but caviar for dinner

(12:09 PM) ovetus: im done for the day. SNDK trade was good enough for a 3 dyas pay. Going to the beach. C U later. do not trade too much, could kill your health..lol

(12:10 PM) karin_60: yeah...;picking up the doggie from the groomers

(12:11 PM) II VWAP II: ,, will go for a run i na minute

(12:11 PM) II VWAP II: <<<<< all falt I be back in about 1 hour

(12:11 PM) II VWAP II: flat

(12:11 PM) II VWAP II: see ya

JerryO3434: HEADING OUT TO LUNCH

JerryO3434: THE MIC IS OPEN

JerryO3434: PLEASE USE IT

(12:12 PM) Nick_1111: Due to technical difficulties, pricing being received is incorrect. We will not be able to honor any orders at this time.

(12:12 PM) BarbaraT1: MEG Media General expects 2006 total revenue to exceed $1 bln, consensus is for $1.02 bln (41.05 +0.28)

(12:12 PM) ian_h: me too guys. back later

(12:12 PM) Nick_1111: this is on all sites which sell Gold Bullion

(12:12 PM) Nick_1111: somethings goin on here

(12:15 PM) karin_60: yes

(12:18 PM) KerriM: rmbs - hod - took .20

(12:21 PM) seward: amd hod

(12:23 PM) BarbaraT1: UACL Universal Truckload Services: Hearing UACL downgraded at Stifel intraday (31.00 -0.21

(12:26 PM) roger3041: Nick I've got a bunch of krugerands that I need to sell. How high we goin

(12:26 PM) Nick_1111: roger what price u buy them at

(12:26 PM) roger3041: Gold to $2000 lol

(12:27 PM) roger3041: $525

(12:27 PM) Nick_1111: $850 not out of the question by years end

(12:28 PM) roger3041: See I bought these in the 80's when gold ran and didn't sell

(12:28 PM) roger3041: so held on to them

(12:28 PM) Nick_1111: u made a good move holdin em

(12:29 PM) Nick_1111: our major bullion buy was at 275 a few years back>>>>> 4.50 on Silver

(12:29 PM) BarbaraT1: PRU Prudential pushes to new session high of 78.58, testing the Nov/52-wk high of 78.62 (78.57 +1.07

(12:29 PM) BarbaraT1: NKE Nike climbs higher mid-day back into positive territory above yesterday's close at 81.26 (81.39 0.13)

(12:30 PM) Nick_1111: eventually we pullback between 550-575 we are gonna add another major purchase

(12:32 PM) BarbaraT1: TR prelim $0.22 vs $0.22 Reuters consensus; revs $103.8 mln vs $112.50 mln Reuters consensus (29.34 +0.17)

(12:33 PM) BarbaraT1: TR prelim $0.22 vs $0.22 Reuters consensus; revs $103.8 mln vs $112.50 mln Reuters consensus (29.34 +0.17)

(12:33 PM) BarbaraT1: LEND Accredited Home Lenders breaks above morning peak to set new high of 56.44, eyeing the its 52-wk close high at 56.57 (56.32 +1.72)

(12:47 PM) BarbaraT1: WOOF VCA Antech breaks higher at mid-day to a new high above 30.00 (30.25 +3.31)

(12:54 PM) BarbaraT1: SNE Sony: Initial Sony PS2 and PSP guidance appears conservative - Lazard (51.28 -1.01)

(1:01 PM) BarbaraT1: MDT Medtronic Receives CE Mark for New Carotid Stent and Filter (49.89 +0.16)

(1:33 PM) BarbaraT1: IDCC Interdigital Comm: Nokia Agrees to Pay InterDigital $253 Million; (23.77 )

(1:35 PM) BarbaraT1: Pfizer-PFE CEO says company has "more than turned the corner"-Dow Jones

(1:38 PM) BarbaraT1: Gold closed off $5.20 to $636.80 an ounce on the COMEX

(1:38 PM) BarbaraT1: DRCO Dynamics Research Awarded More Than $17 Million in New and Repeat Air Force Work (14.84 -0.06)

(1:50 PM) bocarat: anyone around?

(1:50 PM) BarbaraT1: NO

(1:50 PM) bocarat: lol

(1:50 PM) karin_60: zzzzzz

(1:50 PM) karin_60: needed some rest

(1:50 PM) bocarat: lets keep our green in our jeans i quess

(1:51 PM) karin_60: well, I spent it at the gas station

(1:51 PM) bocarat: that was easy to do

(1:51 PM) BarbaraT1: ZRAN getting hit today

(1:51 PM) cabtrader: hi back

(1:52 PM) BarbaraT1: IDCC Interdigital Comm: Some background on NOK/IDCC resolution (26.34 +3.89)

(1:52 PM) karin_60: that took years

(1:54 PM) cabtrader: aapl diving

(1:56 PM) mplsrmt: celg hod

(1:58 PM) BarbaraT1: AKAM really taking off now .. which is why I hate stops .. bought it last night on earnings with a 1 point stop ... got stopped this morning at 32.46 .... look at it now

(1:59 PM) mplsrmt: mchp hod

(2:00 PM) karin_60: yeah barbara, it also could have gone the other way

(2:00 PM) KerriM: barb - holding over nite? or looking at as a swing trade?

(2:00 PM) BarbaraT1: overnight on earnings .. earnings were good and I bought it on the up...

(2:00 PM) KerriM: and not scalping...

(2:00 PM) BarbaraT1: gave it a point for room to run but with slippage

(2:01 PM) BarbaraT1: I am not good at scalping .. just keep losing 2 out of every 3 .. losses are .20+ and gains are .10 .. have average loss of a mortgage payment every 2 weeks

(2:01 PM) BarbaraT1: it doesn't work for everyone

(2:01 PM) karin_60: me neither

(2:02 PM) karin_60: prefer swings

(2:02 PM) karin_60: short ones

(2:02 PM) BarbaraT1: RESP 200/50 Day-Alert -- Respironics sets new session high of 36.53, probing resistance at its 200 ema/50 sma at 36.43/36.52 (36.48 +2.27

(2:03 PM) KerriM: for me, scalps have been working and not the swings intraday...i.e.joyg - I know this stock and took a loss on it today, so just when you think you know a stock, you don't!

(2:04 PM) KerriM: akam - in .15 out .35

(2:05 PM) BarbaraT1: NCI Navigant Consult tgt raised to $27 from $24 at Ryan Beck- following Q1 results, firm says catalysts are in place to move shares higher (22.15 +1.78

(2:05 PM) BarbaraT1: futures dropping

(2:06 PM) BarbaraT1: and bouncing

(2:06 PM) BarbaraT1: nice pop in futures

(2:06 PM) mplsrmt: celg hod

(2:06 PM) BarbaraT1: ABI Applied Bio upgraded to Outperform from Mkt Perform at Piper; tgt upped to $33 from $27 (28.60 +1.47

(2:07 PM) BarbaraT1: think my DSL slow .. not getting filled on futures

(2:07 PM) BarbaraT1: QCOM off highs

(2:07 PM) BarbaraT1: some earniangs tonight.. MSFT RACK WEBM KLAC

(2:07 PM) mplsrmt: abi hod

(2:09 PM) BarbaraT1: PLMD PolyMedica notches new session low of 40.86 (40.86 -2.71)

(2:10 PM) BarbaraT1: AAPL Apple Computer's Jobs not interested in senior DIS mgmt job; says he will only join Disney board - Bloomberg (69.44 +1.26)

JerryO3434: BARB

JerryO3434: ALERT

(2:11 PM) BarbaraT1: ??

JerryO3434: ATTENTION

JerryO3434: PLEASE STOP POSTING ANYTHING FORM FLY ON THE WALL WEB SITE AS OF RIGHT NOW

(2:11 PM) BarbaraT1: I haven't been

(2:11 PM) BarbaraT1: all briefing

JerryO3434: WE ARE NOT PERMITTED TO RE PORT THEIR NEWS

JerryO3434: THEN PLEASE MAKE SURE IUT SAYS BRIEFING

(2:11 PM) BarbaraT1: I know .. HAVE NOT REPORTED ONE THING FROM BRIEFING .. ALL FROM EITHER DJ OR BRIEFING

(2:11 PM) DeanWormer: Jer, you got any kind of vibe regarding KLAC's earnings tonight? The stock keeps giving back its gains today

JerryO3434: THEY CALLED ME

(2:12 PM) Rusty Kash: My cat kills the flys on the walls here

(2:12 PM) BarbaraT1: DISCLAIMER: ALL NEWS POSTED BY ME IS FROM BRIEFING .. NOTHING IS FROM FLY

(2:12 PM) BarbaraT1: copy and pasting from briefing .. NOTHING ELSE

(2:12 PM) BarbaraT1: except DJ when I get something

(2:12 PM) BarbaraT1: DJ usually misleading

(2:12 PM) scottmarket: can you paraphrase what you read on fly?

(2:13 PM) BarbaraT1: AAPL Apple Computer's Jobs not interested in senior DIS mgmt job; says he will only join Disney board - Bloomberg (69.44 +1.26)

(2:13 PM) BarbaraT1: RESP Respironics sets up for test of 200-day sma at 37.86 (37.74 +3.55)

(2:14 PM) BarbaraT1: KLAC red ahead of earnings

(2:15 PM) Rusty Kash: not a good sign for bulls

(2:15 PM) BarbaraT1: Silver ETF to begin trading tomorrow, Amex spokeswoman says - Bloomberg

(2:15 PM) BarbaraT1: futures dive

JerryO3434: ok barb

JerryO3434: I WOULD APPRICATE IT

JerryO3434: SINCE WE DO NOT HAVE PERMISSION TO POST FLYONTHEWALL NEWS IN THIS ROOM

(2:17 PM) BarbaraT1: what would you appreciate? confused now

JerryO3434: JUST THAT WE CAN NOT POST THE NEWS FORM FLY ANYMORE AS OF RIGHT NOW

(2:17 PM) BarbaraT1: right

(2:17 PM) BarbaraT1: anyone know what the symbol for Silver ETF will be

(2:17 PM) brownbear_1: when you look at ES 34 - is it 34sma on a 5 min chart - jer ???

(2:18 PM) DeanWormer: KLAC's action makes me wonder if someone knows something about earnings tonight

(2:18 PM) brownbear_1: ok thnx

(2:18 PM) scottmarket: SLV Barb

(2:18 PM) brownbear_1: ok

(2:20 PM) Johnboy999: er doesnt look so good now

(2:21 PM) BarbaraT1: thanks scott

(2:21 PM) BarbaraT1: AAPL Apple Computer CEO says no plans to build FM radio into iPod right now - Bloomberg (69.14 +0.99)

(2:21 PM) scottmarket: yw

(2:22 PM) Dan-NY: AAPL & BRCm trying to make hammer now

(2:24 PM) karin_60: kicked myself out of the room

(2:25 PM) karin_60: was wondering why so quiet

(2:25 PM) Dan-NY: Karin - the same here. LOL

(2:26 PM) BarbaraT1: AAPL Apple Computer CEO says no dividend in "future that we can see" - Bloomberg (69.18 +1.03)

(2:27 PM) BarbaraT1: AVCI Avici Systems at session highs, eyeing yesterday's high of 8.18... Note 52 week high, set in April, is at 9.07 (8.12 +0.58

(2:27 PM) cabtrader: yeah

(2:27 PM) Dan-NY: trying very hard

(2:28 PM) BarbaraT1: AKAM .. really mad at them

(2:29 PM) BarbaraT1: LRCX flying

(2:29 PM) BarbaraT1: nice pop on futures

JerryO3434: lrcx powerful

JerryO3434: LONG AKAM AT 34.40

(2:29 PM) BarbaraT1: RIMM moving back up

(2:30 PM) BarbaraT1: interesting that KLAC is down .. news leak?

(2:30 PM) BarbaraT1: SOHU holding up all day

(2:30 PM) BarbaraT1: RFMD giving back ow

(2:31 PM) brownbear_1: i only got half fill - jer

(2:32 PM) brownbear_1: yes

(2:32 PM) cravada: barb, there could be concern over Intel's recent talk of reduction in capex. But i don't see much that can be read into pre earnings action..you?

(2:35 PM) cravada: I'd like to see softee surprise up tonight,, could be wild out there

(2:35 PM) BarbaraT1: no .. AMAT up LRCX BRCM .. just KLAC getting hit ahead of earnings

(2:35 PM) BarbaraT1: KLAC reports earnings today after the close and analysts exp Q3 (March) EPS of $0.42 with revs of $509.8 mln... RBC expects the co to meet their Q3 est of rev of $507 mln. The co guided Q3 orders to be up 15% but they believe that orders were up by about 18%

(2:35 PM) BarbaraT1: They believe that the stock can trade up after order guidance of up 10%. Moreover, they see a good possibility of June order guidance being up 15%, which would very likely cause the stock to trade-up

(2:35 PM) cravada: k,,,interesting barb

(2:35 PM) BarbaraT1: $0.41 in EPS and $505.5 mln in rev. On the earnings call, they will be monitoring the co's commentary on the competitive landscape in the brightfield inspection mkt, where they have been receiving increasing positive feedback on Applied Materials' (AMAT) UVision tool

(2:35 PM) mercalex: close where Jerry? above 1315?

(2:35 PM) BarbaraT1: Stifel expects the co to at least meet and likely exceed their 3Q forecasts of $0.41 in EPS and $505.5 mln in rev. On the earnings call, they will be monitoring the co's commentary on the competitive landscape in the brightfield inspection mkt, where they have been receiving increasing positive

(2:36 PM) BarbaraT1: AG Edwards projects EPS of $0.44 with revs of $510 mln for Q3. Their ests include $0.12 per share per quarter of options-based expenses. Firm believes that memory orders should remain strong for the co in calendar 2006 as new DRAM fabs begin ordering tools in the second half of the year in preparation for initial production in early 2007

(2:36 PM) Johnboy999: Jerry, what about the ER acting weak ?

(2:36 PM) BarbaraT1: AG Edwards projects EPS of $0.44 with revs of $510 mln for Q3. Their ests include $0.12 per share per quarter of options-based expenses. Firm believes that memory orders should remain strong for the co in calendar 2006 as new DRAM fabs begin ordering tools in the second half of the year in preparation for initial production in early 2007

(2:36 PM) mercalex: ok

(2:36 PM) Johnboy999: yes

(2:36 PM) Johnboy999: ok

(2:36 PM) BarbaraT1: AMGN Amgen edges above its morning/mid-day range top at 67.80 (67.79 +1.31) -

(2:36 PM) gjeinc100: jer if akam holds huge huge bullish engulfing candle or sign of reversal!

(2:36 PM) gjeinc100: if holds

(2:37 PM) gjeinc100: with ya jer

(2:37 PM) BarbaraT1: I took AKAM on earnings last night jer at 33.65 with 1 point stop and got killed this morning

(2:37 PM) BarbaraT1: now look at it

(2:37 PM) gjeinc100: doing now jer

(2:37 PM) BarbaraT1: futures moving up

(2:37 PM) cravada: barb, that hurts

(2:37 PM) DeanWormer: i cannot figure out GOOG, after that tremendous earnings report it looks deader than Elvis

(2:38 PM) Dan-NY: out AKAM +10(.37-.47)

(2:38 PM) ian_h: ARCA book screwed up earlier, but didnt take long to fix

(2:38 PM) BarbaraT1: I know .. that's why I went long and gave it a point to run .. surprised when it got hit over 2 this morning

(2:38 PM) BarbaraT1: get up a little late --- 6AM -- and see it down 2

(2:38 PM) cravada: Dean yes, but GOOG moved 115 pts off the bott,,,and maybe all the goodnews was out...time to take some profits

(2:38 PM) BarbaraT1: no - was 200 this time ..

(2:38 PM) BarbaraT1: yep

(2:39 PM) BarbaraT1: I was stopped before I got up

(2:39 PM) BarbaraT1: go SNDK

(2:39 PM) BarbaraT1: MRVL

(2:39 PM) gjeinc100: screaming

(2:39 PM) MMags1999: still long from 34.40 Jer!!

(2:39 PM) gjeinc100: hunt man u here?

(2:39 PM) KerriM: akam - in .24 out .54

(2:39 PM) BarbaraT1: no hunt for a few days

(2:39 PM) bocarat: out .55

(2:39 PM) BarbaraT1: or screenshot

(2:39 PM) MMags1999: out .54

(2:39 PM) MMags1999: Made .14!

(2:39 PM) BarbaraT1: AMGN Amgen edges above its morning/mid-day range top at 67.80 (67.79 +1.31) -

JerryO3434: SOLD AKAM AT 34.60

(2:40 PM) MMags1999: may make new 52 week high!

(2:40 PM) cabtrader: aapl

(2:40 PM) ian_h: aapl HOD

(2:40 PM) MMags1999: new 52 week high in akam

(2:40 PM) gjeinc100: aapl brking ascending pennant

(2:41 PM) BarbaraT1: PMTI Palomar Medical pushes higher intraday above its morning high of 41.25 (41.30 +4.60)

(2:41 PM) purple_ali:

(2:41 PM) purple_ali:

(2:41 PM) scottmarket: love to see AAPL take out 70

(2:42 PM) MMags1999: just sold the last of it 34.73

(2:42 PM) Rusty Kash: wtg

(2:42 PM) purple_ali: i can't be your baby jerry, I am male

(2:42 PM) BarbaraT1: I'm starting to believe someone upstairs wants me out of the market entirely -- a lot of hints .. getting hit with falling bricks here

(2:43 PM) purple_ali: ok

(2:43 PM) BarbaraT1: KLAC off lows

(2:43 PM) ian_h: 300cci AAPL

JerryO3434: long brcm at 41.59

(2:44 PM) BarbaraT1: SNDK moving up

(2:44 PM) BarbaraT1: just noticed the Russell ER2 is in the red with down and nasd up

(2:45 PM) MMags1999: Jer... I went in early on AKAM at 34.40 and got about .30 for my trade all togheter

(2:45 PM) Rusty Kash: AKAM 35 calls were $.30 this AM now $1.45

(2:45 PM) ovetus: back toaSTED

(2:45 PM) ovetus: puff what a hot

(2:46 PM) BarbaraT1: RIMM running up hnow

(2:46 PM) BarbaraT1: now

(2:46 PM) ovetus: seeing XLNX very hot in here

(2:46 PM) ovetus: XLNX gamosky

(2:46 PM) ovetus: XLNX next 28.92

(2:47 PM) cravada: i have a sell order in on my aapl swing 69.87 ,,,maybe time to cancel it. IF MSFT blows out tonight after hours tech rally

JerryO3434: sold brcm at 41.74

(2:48 PM) BarbaraT1: RIMM heading to hod

(2:48 PM) Dan-NY: MRVL looks ok too

(2:51 PM) BarbaraT1: VLO trying to push thru 64

(2:51 PM) BarbaraT1: QCOM back up

(2:51 PM) BarbaraT1: RIMM

(2:51 PM) BarbaraT1: KLAC reversal

(2:51 PM) MMags1999: Jerry.. I am done for the day... no losses today. great day.

(2:52 PM) MMags1999: cya tomorrow

(2:52 PM) BarbaraT1: congrats

(2:52 PM) BarbaraT1: brb

(2:52 PM) ian_h: cool Jerry

(2:52 PM) scottmarket: wtg Mags

(2:53 PM) mplsrmt: celg hod

(2:54 PM) karin_60: take a bit of getting used to your methods?

(2:54 PM) kirke-01: If you were to buy some calls what would you be buying here and for how far out

(2:54 PM) BarbaraT1: RIMM hod

(2:54 PM) kirke-01: y

(2:54 PM) BarbaraT1: RIMM Research In Motion retesting morning high of 78.74, this wk's peak is at 79.03 (78.71 +1.52

(2:54 PM) kirke-01: sndk

(2:54 PM) kirke-01: yes

(2:55 PM) kirke-01: ok thanks

(2:55 PM) Dan-NY: Jerr I have to do the hardiest think now and sit on my hands, how to do that?

(2:56 PM) kirke-01: I bought 35 calls on brcm with aug exp

(2:56 PM) kirke-01: yesterday

(2:56 PM) scottmarket: they must be up nice

(2:57 PM) kirke-01: ok ty

(2:57 PM) kirke-01: yes

(2:57 PM) ovetus: resp STRONG DAILY CANDLE TODAY

(2:57 PM) ovetus: RESP

(2:57 PM) BarbaraT1: NVDA been getting beaten up

(2:57 PM) BarbaraT1: ZRAN taking it on the chin

(2:58 PM) Rusty Kash: good rates?

JerryO3434: GENESIS WILL HAVE OPTIONS TRADING

(2:58 PM) ovetus: here i am, the one that you love, waiting for another day A great song from Air Suply in th e80´s

(2:58 PM) scottmarket: wow, can you give a basic class on options?

(2:58 PM) kirke-01: your the expert on options aren't you?

(2:58 PM) ovetus: Options Jerry , what does it tell you

(2:59 PM) karin_60: very basic

(2:59 PM) ovetus: aka OJ

(2:59 PM) ovetus: yes sir

(2:59 PM) ian_h: new platform apparnatly

(3:00 PM) KerriM: rmbs - in at .22 out .42

(3:01 PM) karin_60: .29 on AKAM

(3:02 PM) mplsrmt: flsh hod

(3:02 PM) karin_60: nah

(3:02 PM) karin_60: don't want to insult him

(3:02 PM) BarbaraT1: RIMM holding up at highs

(3:02 PM) karin_60: he loves me

(3:03 PM) karin_60: and I am not really a scalper either

(3:03 PM) karin_60: I sure will

(3:03 PM) karin_60: thanks

(3:04 PM) karin_60: I can see that

(3:05 PM) mr moto_1: rmbs

(3:06 PM) mr moto_1: y

(3:06 PM) ovetus: sohu 52WHIGHS, POWERFUUL

(3:06 PM) ovetus: SOHU

(3:07 PM) ian_h: y

(3:07 PM) BarbaraT1: INFY Volume Alert -- Infosys drops nearly $1.25 over last 10 minutes on spike in volume (76.76 -3.39)

JerryO3434: ahhh

JerryO3434: OK

(3:08 PM) BarbaraT1: OSTK Overstock.com sees pop in price into tomorrow morning's earnings report (29.42 +0.88)

JerryO3434: MCHP

(3:09 PM) ovetus: gigantic hammer AKAM on daily today

(3:10 PM) ragic_1: vol going into klac

(3:11 PM) ragic_1: ust below y/days hod

(3:11 PM) ragic_1: just

(3:11 PM) BarbaraT1: NABI NABI Biopharma: Third Point LLC dicloses 8.7% stake in co (6.14 -0.11)

(3:11 PM) cabtrader: rimm diving

(3:13 PM) BarbaraT1: AXP American Express trends higher intraday to notch a fresh April high above 53.45 (53.49 +1.59) -

(3:14 PM) BarbaraT1: ISIS ISIS Pharm pops to session high ahead of CNBC segment (8.00 +0.44)

(3:14 PM) mplsrmt: adbe hod

(3:14 PM) BarbaraT1: KLAC moving up

(3:14 PM) mplsrmt: intc hod

(3:15 PM) BarbaraT1: boy - if kLAC misses ... all bets off

(3:16 PM) karin_60: anybody in ISIS?

(3:18 PM) karin_60: in 8.08

(3:18 PM) karin_60: sold 8.82

(3:18 PM) karin_60: yesssssssssssss

(3:19 PM) karin_60: yeah

(3:19 PM) karin_60: I can get agressive

(3:20 PM) BarbaraT1: brb pohne

(3:20 PM) karin_60: was in it less than 1 minute

JerryO3434: YES BEEN HERE VQAP

JerryO3434: VWAP

JerryO3434: OK HAVE A WONDERFUL DAY

(3:20 PM) II VWAP II: http://www.trade2win.com/boards/showthread.php?p=249963#post249963

JerryO3434: OHH

JerryO3434: SUPER

JerryO3434: THANKS SO MUCH VWAP

(3:20 PM) mr moto_1: TZOO VWAP

(3:20 PM) cabtrader:

JerryO3434: THANK YOU

(3:21 PM) KerriM: that's the way to do it, karin!

(3:21 PM) ovetus: wtg VWAP2

JerryO3434: THANKS SO MUCH

(3:21 PM) brownbear_1: thnx vwap - nice work

JerryO3434: SEE YOU

(3:21 PM) ovetus: donot drink so much tonight

(3:21 PM) II VWAP II: bye

(3:21 PM) ian_h: nite Iraj

(3:21 PM) bocarat: waht a nice person

(3:21 PM) II VWAP II: nite all

(3:21 PM) cabtrader: bye

(3:21 PM) bocarat: what

(3:21 PM) Dan-NY: the Newbie done here

(3:21 PM) II VWAP II: bocarat my g/f is nicer she is blonde too

(3:21 PM) II VWAP II: lol

(3:22 PM) bocarat: lol

(3:22 PM) karin_60: how do you deal with leaving lots of money on the table?

(3:22 PM) Dan-NY: 18/18

(3:22 PM) cabtrader: sndk looking north again?

(3:22 PM) Dan-NY: yes

(3:22 PM) ian_h: awesome!

(3:22 PM) Dan-NY: happy too

(3:22 PM) scottmarket: dang, nice!

(3:22 PM) KerriM: yea, dan!!!!!

(3:23 PM) cabtrader: \o/

(3:23 PM) ovetus: now you can rise your shares Danny, confidence is the key, consistency

(3:23 PM) Dan-NY: I cant believe that

(3:23 PM) ovetus: ok

(3:23 PM) Dan-NY: no Juan, no,

(3:23 PM) Dan-NY: one more week w/ 100

(3:23 PM) ovetus: but improving isa great motivation

(3:23 PM) bocarat: standing O

(3:24 PM) Dan-NY: 200

(3:24 PM) karin_60: congrats

(3:24 PM) Rusty Kash: wtg

(3:24 PM) Dan-NY: I promiss u not to waite , so i took only 10-11 c

(3:25 PM) Dan-NY: dont do that to me, no more immaginations for me

(3:25 PM) karin_60: its good for the subconscious mind

(3:26 PM) Dan-NY: Ian is help me alot guys, he is wonderful

(3:26 PM) Dan-NY: he make 10 c buton and it is working

(3:27 PM) mplsrmt: ebay hod

(3:27 PM) ian_h: i will realese it after the close

(3:28 PM) mplsrmt: flsh hod

(3:28 PM) BarbaraT1: RIMM moving back up to high

(3:28 PM) BarbaraT1: After the close of the 100+ companies reporting look for: ALTR, BEBE, DECK, DRIV, ELX, FMD, FLEX, BEN, ISRG, KLAC, MFE, MSFT, MSTR, RACK, VSEA, WEBX, and WDC.

(3:31 PM) BarbaraT1: CWPC hod

(3:32 PM) BarbaraT1: klac red again

(3:34 PM) BarbaraT1: CROX Crocs spikes after Cramer says CROX could be a HANS-like squeeze (30.04 +1.43)

JerryO3434: CROX

(3:36 PM) Trader6: No

(3:37 PM) mplsrmt: nem lod
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I'll let the math guys add up the winners and loser in the text box under my name.. Jerryo3434

have a nice evening all

Trader333 said:

Iraj,

You still easily made over $1700 in profit which on a bad day is excellent by any standard.


Paul

Click to expand...

Yes, and even better, without taking much notice of L2

I have a quiz for all the 50 000 traders in this room . Hope this generates some useful insight into the world of trading and technical analysis.

IS THERE ANY TECHNICAL ADVANTAGE GAINED BY TRADING IN A PARTICULAR TIME FRAME SUCH AS ( DAILY ,60 MIN , 10 MIN, 5MIN , 1 MIN ) or are they all a ROULETTE TABLES WITH JUST DIFFERENT DIAMETER ? ( ignore the commion Charges).


I particularly invite MR CHART to contribute ..


Grey1

Grey1 said:

I have a quiz for all the 50 000 traders in this room . Hope this generates some useful insight into the world of trading and technical analysis.

IS THERE ANY TECHNICAL ADVANTAGE GAINED BY TRADING IN A PARTICULAR TIME FRAME SUCH AS ( DAILY ,60 MIN , 10 MIN, 5MIN , 1 MIN ) or are they all a ROULETTE TABLES WITH JUST DIFFERENT DIAMETER ? ( ignore the commion Charges).


I particularly invite MR CHART to contribute ..


Grey1

Click to expand...

I'm not sure the following answers are what you intended by the term 'technical advantage', but I prefer shorter time frames because:
1. The success or failure of a strategy will become apparent much sooner with the more frequent trades.
2. Stops wil probably be placed more tightly, reducing risk and so permitting increased trade size.
3. Potential to exploit more points in a day's move. (i.e. catch the up and down fluctuations, not just the overall move)
pete

Grey1 said:

I have a quiz for all the 50 000 traders in this room . Hope this generates some useful insight into the world of trading and technical analysis.

IS THERE ANY TECHNICAL ADVANTAGE GAINED BY TRADING IN A PARTICULAR TIME FRAME SUCH AS ( DAILY ,60 MIN , 10 MIN, 5MIN , 1 MIN ) or are they all a ROULETTE TABLES WITH JUST DIFFERENT DIAMETER ? ( ignore the commion Charges).


I particularly invite MR CHART to contribute ..


Grey1

Click to expand...

There is no technical advantage in trading one time frame over another. There is a financial advantage in trading the lower time frames. In that you are positioned to trade more frequently. Accumulation of smaller profits more regularly compared with larger profits less frequently provides faster capital growth. Even allowing for the higher relative cost per trade and discounting any discounting as trade volume reaches professional levels, you're better off financially trading the shorter times.

Longer time frames tend to be more meaningful imho and in day-trading they can be used to confirm what you might be seeing in a shorter time-frame.

I take your point Chicken Curry and concur. Trading using multiple time frames for wider information view, confirmation and timing is a necessity, not a nice to have. But I interpreted Grey1's question in a strictly academic fashion - i.e. if you have only one time frame is there a technical advantage in which specific time frame you use? It is within that context I responded as I did.