Session Start: Thu Mar 05 09:09:50 2009
Session Ident: #futurestrades
[09:09] * Now talking in #futurestrades
[09:09] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:11] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @
viewforum.php?f=20[09:14] * NihabaAshi_away is now known as NihabaAshi
[09:17] <rickf> exited 1 ZG short 920.25 .... +69.75 let that run for a week from when gold touched 1000
[09:18] <jbuch> nice rickf morning everyone
[09:18] <+rickf> hi jb all
[09:21] <+rickf> short es 695.50
[09:23] <+rickf> exit 695 +.50
[09:29] <drt>
all
[09:31] <@NihabaAshi> Shorts ES @ 696.00 -> medium size
[09:31] <@NihabaAshi> 4 only
[09:35] <@NihabaAshi> Covered all ES Short @ 696.50 --> - 0.5
[09:36] <+rickf> short es 696.75
[09:37] <@NihabaAshi> Long ES @ 697.50 -> medium size
[09:37] <@NihabaAshi> 4 only
[09:38] <+rickf> short es 699.75 (add)
[09:40] <pdays> Long TF @ 362.1
[09:41] <+pdays> Exited all TF Long @ 362.9 --> + 0.8
[09:42] <@NihabaAshi> Exited all ES Long @ 700.75 --> + 3.25
[09:43] <@NihabaAshi> trade 1 was intuition but it was a chaser
[09:44] <@NihabaAshi> It worked in my favor because had I not chased it...I would have had a stop around -1.25
[09:46] <+rickf> out 99.50 -1.5
[09:46] <szubaark> Buys ES @ 701.50 «« paper »»
[09:47] <@NihabaAshi> Shorts ES @ 701.75 -> medium size
[09:47] <@NihabaAshi> 4 only
[09:50] <+rickf> close
[09:50] <+rickf> oh well
[09:50] <+szubaark> Exited all Long ES at 698.50 --> - 3 «« paper »»
[09:50] <+szubaark> Shorts ES @ 698.50 «« paper »»
[09:51] <+jbuch> Shorts SPY @ 70.49
[09:53] <+jbuch> Covered all SPY Short @ 70.45 --> + 0.04
[09:55] <+szubaark> Covered all Short ES at 701 --> - 2.5 «« paper »»
[09:55] <@NihabaAshi> Covered all ES Short @ 701.25 --> + 0.5
[09:55] <@NihabaAshi> market trying hard to keep from declining
[09:56] <+rickf> again 700 is the battlezone -- not gonna play this
[09:56] <pat255> N u had a good entry
[09:56] <@NihabaAshi> I have the direction correct but the market is working hard to keep the shorts from gaining an edge
[09:57] <+rickf> Bair: FDIC insurance fund could be insolvent in '09 (bloomberg)
[09:57] <@NihabaAshi> Shorts ES @ 700.00 -> medium size
[09:57] <@NihabaAshi> 4 only
[09:57] <@NihabaAshi> intuition
[09:57] <+szubaark> yersturday i was saying that its time for some Chop crap rest of week
[09:57] <+rickf> yeah yeah yeah
[09:57] <+jbuch> Shorts SPY @ 70.49
[09:59] <@NihabaAshi> tight stop
[10:00] <@NihabaAshi> Covered all ES Short @ 700.75 --> - 0.75
[10:00] <+jbuch> Covered all SPY Short @ 70.55 --> - 0.06
[10:01] <@NihabaAshi> Shorts ES @ 700.25 -> large size
[10:01] <@NihabaAshi> 6 only
[10:01] <@NihabaAshi> Covered ES Short @ 701.25 --> - 1
[10:01] <@NihabaAshi> Reverse and Enter Long ES @ 701.25
[10:01] <+szubaark> Buys ES @ 702.50 «« paper »»
[10:02] <@NihabaAshi> tight trail
[10:03] <@NihabaAshi> Exited all ES Long @ 702.00 --> + 0.75
[10:06] <@NihabaAshi> Shorts ES @ 701.50 -> large size
[10:06] <@NihabaAshi> 6 only
[10:07] <@NihabaAshi> Covered all ES Short @ 702.25 --> - 0.75
[10:08] <@NihabaAshi> Shorts ES @ 702.50 -> large size
[10:08] <@NihabaAshi> 6 only
[10:09] <@NihabaAshi> big fight in this resistance area
[10:09] <+szubaark> zig zagging up and down and not going anywhere
[10:09] <@NihabaAshi> I've gotten hit with a few good jabs...
[10:10] <@NihabaAshi> I'm now throwing some round houses and upper cuts
[10:10] <+szubaark> Exited all Long ES at 699.75 --> - 2.75 «« paper »»
[10:10] <+szubaark> Shorts ES @ 699.75 «« paper »»
[10:10] <+szubaark>
[10:11] <+szubaark> 3rd Stop out in a row due to crap price action as always
[10:12] <+szubaark> looks like its gonna be a LONG day
[10:16] <+rickf> so i saw the new ToS update this week will be more futures-friendly; better DOM, OCO orders, and such. Happy me.
[10:17] <+pat255> rick what platform?
[10:17] <+rickf> thinkorswim
[10:17] <+rickf> i trade futs at OEC right now but love the ToS charts
[10:17] <+pat255> ToS?
[10:17] <+rickf> thinkorswim
[10:17] <+pat255> k ty
[10:18] <+rickf> coming out this weekend, will papertrade 'em for a day to get used to it -- might be able to switch over next week. we'll see
[10:19] <jbuch> Long SPY @ 70.24
[10:19] <@NihabaAshi> Gold weaker
[10:20] <+jbuch> Exited Remainder SPY Long @ 70.19 --> - 0.05
[10:21] <@NihabaAshi> Covered ES Short @ 695.75 --> + 6.75
[10:21] <@NihabaAshi> Holding 1 contract remainder
[10:22] <+pat255> vn n i c..try try something will work
[10:22] <+rickf> nice
[10:22] <@NihabaAshi> FYI - As mentioned yesterday...I have some personal appointments today (e.g. kids annual physical with shots).
[10:23] <+szubaark> yersturday Gap close@691
[10:23] <@NihabaAshi> Thus, I'm calling it quits today especially via the fact that my last two trading days has been extremely frustrating...
[10:23] <+rickf> good call wrbtrader
[10:23] <@NihabaAshi> In fact, one of my trading accounts is at a loss...
[10:23] <+rickf> better days will lie ahead to be sure
[10:24] <@NihabaAshi> First time in years I have one of my accounts at a Loss.
[10:24] <+pat255> wow ..
[10:24] <+rickf> really .... that bad this week?
[10:24] <+pat255> nice run N
[10:24] <@NihabaAshi> No biggie...it's a backup account but one I had hopes of making a primary account.
[10:24] <+szubaark> loss for Week,day,month?
[10:24] <+rickf> oh
[10:26] <@NihabaAshi> You can read more about it at this link...
[10:26] <@NihabaAshi>
http://www.thestrategylab.com/tsl/forum ... ?f=47&t=91[10:26] <+jbuch> Long SPY @ 70.71
[10:27] <+jbuch> Exited 1/2 SPY Long @ 70.11 --> - 0.6
[10:28] <+jbuch> Exited 1/4 SPY Long @ 70.19 --> - 0.52
[10:29] <@NihabaAshi> Got some distractions...
[10:29] <@NihabaAshi> exit stop set ES @ 698.00
[10:29] <@NihabaAshi> be back later
[10:29] * NihabaAshi is now known as NihabaAshi_away
[10:30] <+jbuch> oops entry at 70.01
[10:30] <+szubaark> exit stop set ES @ 697.50 «« paper »»
[10:30] <petrpe> Long ES @ 696.5 «« simulator »»
[10:31] <+jbuch> exit stop set SPY @ 69.99
[10:32] <+szubaark> Covered all Short ES at 697.50 --> + 2.25 «« paper »»
[10:34] * NihabaAshi_away is now known as NihabaAshi
[10:34] <@NihabaAshi> late trade post
[10:35] <@NihabaAshi> Trailing Stop Hit ES @ 698.00 --> + 4.5
[10:36] <+petrpe> Exited all ES Long @ 698.25 --> + 1.75 «« simulator »»
[10:37] <+jbuch> Exited Remainder SPY Long @ 70.39 --> - 0.32
[10:40] <winmax60> good morning wrbtrader and everyone in the room...
[10:41] <+szubaark> Buys ES @ 699 «« paper »»
[10:45] <+szubaark> Exited all Long ES at 696.25 --> - 2.75 «« paper »»
[10:45] <+szubaark> Shorts ES @ 696.25 «« paper »»
[10:55] <+szubaark> Covered all Short ES at 696 --> + 0.25 «« paper »»
[10:57] <+szubaark> rudely shook me out
[10:58] <+szubaark> Shorts ES @ 693.25 «« paper »»
[11:14] <+codehead> long ES 692.50 <paper>
[11:14] <+szubaark> exit stop set ES @ 694 «« paper »»
[11:17] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @
viewforum.php?f=20[11:19] <+szubaark> Tightening Stop
[11:27] <+szubaark> exit stop set ES @ 689 «« paper »»
[11:29] <+szubaark> exit stop set ES @ 688 «« paper »»
[11:30] <+szubaark> 680 possible Target
[11:34] <+szubaark> IF we get a Huge drop suddenly,im expecting IB (and other) platforms to freeze
[11:34] <+szubaark> dont know why, but it just happens everytime
[11:35] <+szubaark> Covered all Short ES at 687.75 --> + 5.5 «« paper »»
[11:37] <+codehead> exit -4.00 ES <paper>
[11:42] <+szubaark> Shorts ES @ 686.75 «« paper »»
[11:43] <@NihabaAshi> Shorts ES @ 687.75 -> small size
[11:43] <@NihabaAshi> 3 only
[11:44] <+szubaark> Covered all Short ES at 689 --> - 2.25 «« paper »»
[11:44] <+szubaark> Buys ES @ 689 «« paper »»
[11:44] <@NihabaAshi> Covered ES Short @ 689.00 --> - 1.25
[11:44] <@NihabaAshi> Reverse and Enter Long ES @ 689.00
[11:46] <@NihabaAshi> Exited all ES Long @ 689.25 --> + 0.25
[11:48] <@NihabaAshi> Shorts ES @ 688.25 -> medium size
[11:48] <@NihabaAshi> can't give up...
[11:48] <+szubaark> feels like im step behind today as each of these turns takes 3-4 Stopouts to catch
[11:49] <@NihabaAshi> got the direction correct...market just tough to stay in the trade
[11:49] <+szubaark> yes
[11:49] <+szubaark> but could also be the retrace here even though trend is down
[11:50] <+szubaark> so direction would be right but not the micro direction
[11:51] <+szubaark> Exited all Long ES at 687.50 --> - 1.5 «« paper »»
[11:52] <+szubaark> Shorts ES @ 687.50 «« paper »»
[11:52] <+szubaark> doing its zig zagging again
[11:53] <+winmax60> Shorts ES @ 687.5 -> small size «« simulator »»
[11:53] <@NihabaAshi> Covered all ES Short @ 687.25 --> + 1
[11:54] <+szubaark> hopefully it will run some more so i can make up the zig zag Stops
[11:55] <+codehead> long ES 2c 686.00 <paper>
[11:56] <+winmax60> Covered all ES Short @ 685.5 --> + 2 «« simulator »»
[11:57] <@NihabaAshi> Shorts ES @ 686.00 -> small size
[11:57] <@NihabaAshi> 3 only
[11:58] <+szubaark> exit stop set ES @ 687 «« paper »»
[11:59] <+pat255> man really gutsy to take S here ..but working
[12:00] <+szubaark> Covered all Short ES at 687 --> + 0.5 «« paper »»
[12:00] <+szubaark> tough to stay in even going with trend
[12:00] <+pat255> careful barney frank speaking in a few minutes about fin reform
[12:00] <+jbuch> Long SPY @ 69.21
[12:00] <+codehead> exit ES +1.50 <paper>
[12:01] <+jbuch> Exited all SPY Long @ 69.25 --> + 0.04
[12:02] <@NihabaAshi> Covered ES Short @ 687.00 --> - 1
[12:02] <@NihabaAshi> Reverse and Enter Long ES @ 687.00
[12:03] <@NihabaAshi> Exited all ES Long @ 686.25 --> - 0.75
[12:03] <@NihabaAshi> Shorts ES @ 685.25 -> large size
[12:04] <@NihabaAshi> 6 only
[12:04] <+szubaark> Shorts ES @ 864.50 «« paper »»
[12:06] <+jbuch> Long SPY @ 69.01
[12:06] <@NihabaAshi> This is a higher interval trade as were the 2 prior...
[12:07] <@NihabaAshi> Gotta be more patient.
[12:08] <+szubaark> correction
[12:08] <+szubaark> Covered all Short ES at 864.50 --> 0 «« paper »»
[12:08] <+szubaark> Shorts ES @ 684.50 «« paper »»
[12:09] <+jbuch> Exited 1/2 SPY Long @ 69.03 --> + 0.02
[12:10] <@NihabaAshi>
[12:10] <+szubaark> this market not giving runners even on a trend day..rude market
[12:11] <@NihabaAshi> data vendor crash...
[12:12] <@NihabaAshi> This will be my last trade on exit
[12:12] <+szubaark> 11:34] > IF we get a Huge drop suddenly,im expecting IB (and other) platforms to freeze
[12:12] <+szubaark> [11:34] > dont know why, but it just happens everytime
[12:13] <@NihabaAshi> Yeah...weird stuff going on.
[12:13] <+szubaark> IB still up
[12:13] <@NihabaAshi> I started having data problems and connection problems as soon as we tested the infamous 700 level a few days ago.
[12:14] <@NihabaAshi> ping to broker and chart vendor is extremely bad
[12:16] <+szubaark> Covered all Short ES at 684.50 --> 0 «« paper »»
[12:16] <+szubaark> taking a break, creeping action and not going anywhere
[12:16] * szubaark is now known as szubaark_away
[12:16] <@NihabaAshi> Covered all ES Short @ 684.50 --> + 0.75
[12:17] <@NihabaAshi> time ran out on me
[12:17] <@NihabaAshi> Need to get dress and leave for the family appointments.
[12:17] <@NihabaAshi> Take care and see all tomorrow.
[12:17] * NihabaAshi is now known as NihabaAshi_away
[12:30] <+jbuch> Shorts SPY @ 69.39
[12:32] <+jbuch> Covered 1/2 SPY Short @ 69.29 --> + 0.1
[12:37] <+jbuch> Covered 1/4 SPY Short @ 69.33 --> + 0.06
[12:40] * szubaark_away is now known as szubaark
[12:41] <+szubaark> Buys ES @ 689 «« paper »»
[12:42] <+jbuch> Long SPY @ 69.43
[12:45] <+szubaark> exit stop moved to breakeven ES @ 689 «« paper »»
[12:45] <+szubaark> Exited all Long ES at 689 --> 0 «« paper »»
[12:45] <+szubaark> too many games
[12:45] * szubaark is now known as szubaark_away
[12:45] <+jbuch> Exited all SPY Long @ 69.39 --> - 0.04
[12:46] <+szubaark_away> probobly gonna chop this to death here
[12:51] <Flow> Long ES @ 686.25
[12:55] <+Flow> Exited all ES Long @ 686.0 --> - 0.25
[13:03] <+jbuch> Long SPY @ 69.01
[13:06] <+winmax60> Long ES @ 685.75 -> small size «« simulator »»
[13:07] <+jbuch> Exited 2/3 SPY Long @ 69.19 --> + 0.18
[13:09] <+winmax60> Exited all ES Long @ 687.75 --> + 2 «« simulator »»
[13:10] <+jbuch> Exited 1/4 SPY Long @ 69. --> - 0.01
[13:10] <+jbuch> opps 69.48
[13:14] <+jbuch> Exited Remainder SPY Long @ 69.63 --> + 0.62
[13:20] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @
viewforum.php?f=20[13:20] <+jbuch> did Geithner promise to fix everything or was that a tech bounce
[13:38] <+winmax60> Long ES @ 686 -> small size «« simulator »»
[13:38] <+winmax60> Shorts ES @ 686 -> small size «« simulator »»
[13:38] <+winmax60> corrected....
[13:38] <+winmax60> sorry..!!
[13:39] <+winmax60> Covered all ES Short @ 686.75 --> - 0.75 «« simulator »»
[13:42] <+jbuch>
had an order to go long at 69.11 came within 1 cent of filling
[13:47] <+winmax60> Long ES @ 686.5 -> small size «« simulator »»
[13:50] <+winmax60> Exited all ES Long @ 684.5 --> - 2 «« simulator »»
[13:52] <+jbuch> Long SPY @ 69.01
[13:54] <+jbuch> Exited all SPY Long @ 68.98 --> - 0.03
[13:56] <+winmax60> Long ES @ 686 -> small size «« simulator »»
[13:59] <+winmax60> Exited all ES Long @ 686.25 --> + 0.25 «« simulator »»
[14:01] <+rickf> back
[14:02] <+szubaark_away> nick szubaark
[14:02] * szubaark_away is now known as szubaark
[14:08] <+winmax60> Long ES @ 684 -> small size «« simulator »»
[14:09] <+winmax60> Shorts ES @ 684 -> small size «« simulator »»
[14:09] <+winmax60> sorry./// another correction...
[14:11] <+winmax60> Covered all ES Short @ 683.75 --> + 0.25 «« simulator »»
[14:11] <+jbuch> winmax we are neck and neck for worst posters
)
[14:11] <+winmax60> :-(
[14:12] <+jbuch> at least we're trying
)
[14:13] <+winmax60> Shorts ES @ 683.5 -> small size «« simulator »»
[14:17] <+szubaark> Buys ES @ 685 «« paper »»
[14:17] <+winmax60> Covered all ES Short @ 685.5 --> - 2 «« simulator »»
[14:21] <+szubaark> Exited all Long ES at 682.75 --> - 2.25 «« paper »»
[14:21] <+szubaark> Shorts ES @ 682.75 «« paper »»
[14:21] <+winmax60> Shorts ES @ 683.75 -> small size «« simulator »»
[14:22] <+winmax60> Covered all ES Short @ 681.75 --> + 2 «« simulator »»
[14:23] <+szubaark> tick lower chop, tick lower chop Brutal action
[14:23] <+codehead> hard dive on crude into the floor close
[14:30] <+rickf> ok szu good call on the chop today
[14:31] <+szubaark> Covered all Short ES at 684 --> - 1.25 «« paper »»
[14:31] <+szubaark> yea and eating all of it
(
[14:31] <+szubaark> Buys ES @ 684.25 «« paper »»
[14:32] <+szubaark> this is a downtrend i dont want to be Short
[14:32] <+codehead> crude getting a healthy bounce right at floor close
[14:32] <+szubaark> Each Short they Stop out
[14:34] * NihabaAshi_away is now known as NihabaAshi
[14:34] <+szubaark> i got a feeling they gonna pop this soon
[14:34] <+szubaark> and i dont want to be Short
[14:34] <@NihabaAshi> I'm back...got to the doc office to only find out he had cancelled all appointments...he's sick.
[14:35] <+rickf>
[14:35] <+jbuch> don't you love that if it had been the other way around he woulld charge you 100 bucks from not showing
[14:35] <@NihabaAshi> What a waste of time...35min drive there and 35min drive back home and we still have a kid with pain in his ear
[14:37] <@NihabaAshi> Now the ear ache and foot pain needs be dealt at the emergency clinic...anybody from Canada knows how much of a pain that is after having an appointment cancelled
[14:40] <@NihabaAshi> At least we solved one mystery of one ear on the 2yr old a few days ago...we pulled a piece of jewelry from his ear (two tiny sparkle balls).
[14:40] <@NihabaAshi> crazy how that got in there in the first place.
[14:40] <+jbuch> no way
[14:40] <+jbuch> thats crazy
[14:42] <@NihabaAshi> I guess it's a lot better than the dead spider in the ear our neighbor kid had.
[14:43] <+rickf> wow
[14:43] <+szubaark> holy!
[14:44] <+jbuch> must be something in that Canadian water
[14:56] <+rickf> i get the distinct sense a drop is coming today.....dunno why i feel that way
[14:56] <+winmax60> Shorts ES @ 681.25 -> small size «« simulator »»
[14:57] <+rickf> GE @ 6.66 scary!
[14:59] <+winmax60> Covered all ES Short @ 682.75 --> - 1.5 «« simulator »»
[14:59] <+szubaark> everyone i talk to today is down. anybody making money in this today?
[14:59] <+szubaark> if you are, congratulation!
[15:00] <+rickf> quick scalps this morning for a profit but that's it
[15:00] <+rickf> nothing big to write home about, offset by 1 bad trade - barely green
[15:00] <+szubaark> Minimum Wage i know what u mean
[15:01] <+rickf> my gold trade was nice tho
[15:07] <+winmax60> Long ES @ 682.75 -> small size «« simulator »»
[15:07] <+winmax60> Exited all ES Long @ 684.75 --> + 2 «« simulator »»
[15:09] <+rickf> short es 685.25
[15:11] <+jbuch> Shorts SPY @ 69.09
[15:11] <+rickf> out 866 -.75
[15:12] <+rickf> short es 686.75
[15:15] <+rickf> exit 686.75 b/e
[15:17] <+rickf> short es 687
[15:19] <+szubaark> Exited all Long ES at 685.25 --> + 1 «« paper »»
[15:20] <@NihabaAshi> Update about Infinity AT (my backup broker) - They informed me today after all my trading problems (cost me several K's in losses) with their program that their is a "Quick Click" problem on Vista 64 bit machines.
[15:20] <@NihabaAshi> My entire system is Vista 64 bit
[15:20] <@NihabaAshi> They apparently will try to fix that glitch.
[15:20] <+rickf> so are they going to credit you for THEIR problems?
[15:20] <@NihabaAshi> Oh well...lesson learned
[15:21] <@NihabaAshi> rickf...no way.
[15:21] <@NihabaAshi> I wish
[15:21] <+rickf>
[15:21] <+szubaark> Shorts ES @ 684.50 «« paper »»
[15:21] <@NihabaAshi> It's just as much as my fault too.
[15:21] <+rickf> ops did that for me a few times in 2006 ... i was thaknkful
[15:22] <+rickf> exit es 685 +2 (late)
[15:22] <+rickf> that sucks wrbtrader
[15:22] <@NihabaAshi> Like I told them...I open up an experimental account with them to test their program with real trades.
[15:22] <@NihabaAshi> If it worked...I would then help promote their program.
[15:22] <@NihabaAshi> I like the program except for that "major" one glitch.
[15:23] <@NihabaAshi> If/when they fix it...that's when I'll try their program again.
[15:23] <@NihabaAshi> Until then...the account goes into the closet.
[15:23] <@NihabaAshi> I'll use it as a tax write off
[15:24] <@NihabaAshi> By the way...my Saxotrader crashed on me today and my Qcharts.
[15:24] <@NihabaAshi> I'm not having much luck with my trading software except for X_Trader (my primary platform).
[15:25] <+jbuch> Shorts SPY @ 68.98
[15:25] <@NihabaAshi> They have a new version out but I will keep using the old version because I'm scared to switch from something that works to a newer version.
[15:25] <@NihabaAshi> I'll wait a year before upgrading.
[15:25] <+jbuch> Covered 2/3 SPY Short @ 68.78 --> + 0.2
[15:26] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @
viewforum.php?f=20[15:29] <+szubaark> Covered all Short ES at 684.50 --> 0 «« paper »»
[15:29] <+jbuch> Covered Remainder SPY Short @ 68.91 --> + 0.07
[15:32] <+szubaark> Shorts ES @ 682 «« paper »»
[15:33] <+szubaark> could get ugly now
[15:34] <+rickf> if 680 is broken......
[15:35] <+rickf> bingo
[15:35] <@NihabaAshi> oh ohl
[15:35] <+szubaark> Volatility Increasing to downside
[15:36] <+szubaark> this could be bottom here on a downspike
[15:36] <+szubaark> hopefully my IB wont go down
[15:36] <@NihabaAshi> If it holds...it will be the biggest spike of the day
[15:36] <+rickf> remember tomorrow morning is job report
[15:37] <+szubaark> im expecting to hear a lot complaints about traders platforms "going down" and them not being able to "get out"
[15:39] <+szubaark> exit stop set ES @ 680 «« paper »»
[15:39] <+szubaark> Volatility still Increasing to Downside
[15:41] <+szubaark> any decrease and we will most likely start retracing
[15:43] <+szubaark> Covered all Short ES at 680 --> + 2 «« paper »»
[15:43] <+szubaark> sneaky
[15:43] <+szubaark> Shorts ES @ 677.75 «« paper »»
[15:44] <+szubaark> rude Stop hit
[15:46] <+szubaark> Volatility declines as quickly as it showed up
(((
[15:47] <+szubaark> Covered all Short ES at 680 --> - 2.25 «« paper »»
[15:47] <+szubaark> Buys ES @ 680 «« paper »»
[15:48] <+jbuch> Long SPY @ 68.43
[15:48] <+jbuch> late
[15:48] <+rickf> short es 681.50
[15:48] <+jbuch> Exited 3/4 SPY Long @ 68.63 --> + 0.2
[15:49] <+szubaark> Exited all Long ES at 861.75 --> + 181.75 «« paper »»
[15:49] <+szubaark> Buys ES @ 680 «« paper »»
[15:49] <+szubaark> Exited all Long ES at 681.75 --> + 1.75 «« paper »»
[15:50] <+rickf> out 82 -.50
[15:50] <+rickf> weird chartage
[15:50] <+jbuch> Exited Remainder SPY Long @ 68.78 --> + 0.35
[15:50] <+szubaark> Buys ES @ 682 «« paper »»
[15:50] <+rickf> short es 81.75
[15:51] <+rickf> out 80.50 +1.25
[15:56] <+jbuch> Shorts SPY @ 68.70
[15:57] <+jbuch> 100 only
[15:58] <+jbuch> Covered all SPY Short @ 68.8 --> - 0.1
[15:59] <+rickf> rumors that SKF may be halted sometime 'soon'
[15:59] <+rickf> just rumor for now
[15:59] <+szubaark> exit stop moved to breakeven ES @ 682 «« paper »»
[15:59] <+rickf> also heard that cnbc is telling folks to short the market -- guess the bottom is in now!
[15:59] <+szubaark> hahah
[15:59] <+szubaark> SHORT SQUEEZEEEEE TIMO
[16:00] <+jbuch> ANY idea why rickf
[16:00] <+szubaark> the mother load of all Short Squeezesss
[16:00] <+szubaark> Exited all Long ES at 682 --> 0 «« paper »»
[16:00] <+rickf> the skf? prolly "to protect" the banks and financials
[16:00] <+rickf> again, RUMOR
[16:00] <+jbuch> sure
[16:00] <+szubaark> im done...losing day..tried hard all day to go Plus it was too tough
[16:01] <+jbuch> It is acting wierd though UYG is making new lows and skf is not even close to its highs
[16:01] <+rickf> i know - i've been toying w/going lon UYG @ these levels myself
[16:01] <+rickf> r/r is pretty good i think
[16:02] <+jbuch> yeah I ve got a few hundred shares it,s like an option
[16:03] <+szubaark> expecting tomorrow to be a nice swing day..ill be aggressive..the damage has been done TODAY
[16:03] <+rickf> jeez - just buy the JAN 11 3 call for .75 and forget aoub ti
[16:04] <+rickf> in fact i might just do that tomorrow
[16:07] <+jbuch> sounds like a good plan.
[16:07] <+rickf> pure speculation play over 2 years
[16:10] <+jbuch> C and BAC along with all of the other big players can't go bankrupt right
)
[16:13] <+rickf> lol
[16:13] <+rickf> or aig
[16:13] <+rickf> did you see the Jon Stewart CNBC thing last night?
[16:14] <+jbuch> look at the moves in SKF if you can catch arally in that even with a couple 100 shares it could make your month
[16:14] <+rickf> no kidding
[16:14] <+jbuch> No I missed the daily show last night
[16:14] <+rickf> last year i had just put on an option spread and in a flash it was blown thru both my strikes --- that thing is on CRACK
[16:14] <+rickf>
http://miamiherald.typepad.com/changing ... -cnbc.html[16:14] <+jbuch> thanks
[16:15] <+rickf> don't eat or drink anything when watching
[16:15] <+rickf> the real fun starts around 3:00 or so
[16:15] <+jbuch> yeah I used to trade it but stopped when the gov baneed short selling
[16:16] <+rickf> i am long 100 SDS right now only as a hedge in my equity portfolio
[16:16] <+rickf> may lighten it tomorrow post job numbers though
[16:17] <+jbuch> I stopped using sds and started using the bear fund as a hedge
[16:17] <+jbuch> rick is awesome
[16:17] <+rickf> mutual fund?
[16:17] <+rickf> yeah santelli is the ONLY person on CNBC I respect and who knows his stuff in my view
[16:17] <+jbuch> what a riot
[16:17] <+rickf> and i'm awesome too
[16:17] <+jbuch> did you see him tee off
[16:18] <+jbuch>
))
[16:18] <+rickf>
[16:19] <+rickf> ok guys see you tomorrow
[16:19] <+jbuch> yeah it's a mutual fund I always space adjusting my long term stuff and these guys do a pretty good job of it
[16:19] <+jbuch> cya Rick
[16:20] <+rickf> i am not a big fan of mutual funds ..... but will check it out
[16:20] <+rickf> cya
[16:24] <pdays> .
Session Close: Thu Mar 05 16:57:11 2009
