Ex-RB Short Term Traders

[turk]

Yepper benn, that dim is always lookin fer a buck, keep yer hands on yer wallet, lol. only kidden, but he is a sharppie in da mkt, one O these days I hope to make it to da big city to seezzzzz him so as mabey a little of dat stuff may just rub off on me,lol.

[turk]

Hey you guys, How da hell is ya all??????? Iseezzzzz yall ain't postin much.
Crimbs in da slammer
Dims smokin da gooder stuff, again?????ha
Razor, wellzzz he aints sayin much.
Donut man doesn't seem to be around, ha ha
Busted musta really gots busted, lol. Mabey finally gots slamed by da IRS folks, I hear lotsa tax evasion goin on outs thar in da windy places , cargo, Oh choot dat was lotsa years ago, huh.
Well folks, just thought I'drop yall a lime, woops, lol.

Things are gettin betterer here, hope to soon beezzzz back on in da eves, in small discussions wit yall. Hope yall is in good health, and warm wishes go out to all.
Now I gots a small question for them of you who can read ma chicken chit.lol
What ya think of BIIB and Eln, already purchased sum; BIIB @36 buckeroos per share, seemed a fair price to me. Would appreciate all your thoughts folks.

By the way I always thought you guys had a good board, I hope you fellers keep wit it, Yall helped each udder think betterer.Yas had different thoughts but that is what makes the world go round but in the end you all had one goal in ;mind, YUP MAKE SUM GREEN.
Hope to hear from sum of ya, will check back later, big thanks guys

This is da smoker of bird signing off fer now

[Dimension]

added to astm @3.01 in AH. had an already opened position on this.

ASTM did what it needed to do for ST players...
-dip after a 27.7% move from the bottom 3 days ago, on LOW volume.
-close above it's recently broken 20ema which was at 3.04

now it needs to take out that down trend line (actually looks more like the middle BB) that is holding it back...

http://stockcharts.com/def/servlet/SC.web?c=astm,uu[l,a]daclyyay[pc20!c50!c200!d20,2!f][vc60][iud20!...

i was able to pick up a good chunk in AH@3.01 (which actually suprised me, as it was a 'GTC + extended' order i was setting for tuesday). cost avg for all current trading shares i am holding is 3.020019 (that's what it says :))).

mental stop is tight on this play going into next week...around

[benn]

congrats, that is a nice play for a two dollar stock

[Dimension]

yeah, i have decent position in ASTM i have been accumulating for a while. also have been trading it...had a nice play yesterday buying 2.60, closed that out at 3.21 early today and bought back again at 3.07.

[benn]

hummmmmm, very interesting obversation..
btw, are ya holding that astm?, i think my calcs were either to enter 2.62 or 2.68, im thinkin at the 2.62 but cannot find the notes i was taking at the time i was tracking the stem cells closely..

[Dimension]

interesting observation on March QQQQ options. there are combined, over 450K contracts at the 36 (258K) and 37 (213K) puts, while the largest interest on the call side is at the 38 calls with 112K.

i say interesting because i think typically, when you see large interest interest on puts, it's bullish as there are two things one can argue: 1) that writers tend to win, therefore price will move such that those puts expire worthless, 2) institutions that are opening new long positions will hedge with puts, and that can be interpreted as bullish since they are long the market.

but in this case, the bulk of the interest is a distance a way, at the 36 (~NDX1440) and 37 (~NDX1480)...implying if it's institutions, they are not showing a lot of confidence in the QQQQ 38 holding after expiration (this friday).

the positives are 1440 and 1480 are good supports right now.

just an observation...amongst many.

[INTHEKNOW1]

VPER .16 HUGE move Friday late. 20% down to 20% up at close. Something big is going on next week IMO. Get them early Monday.

[benn]

i see astm in the .60's before im in

[methodibd]

What, you think we're all Unix junkies here, to know what that means? LOL

[Dimension]

YAAT - yet another astm trade - long @2.85

[Dimension]

GOOG on the otherhand, if it bounces, is a good short. it should hit under 190. that puppy is a high risk play as most close stops are easily taken out. today when i mentioned it was a good short, i had my eye set on 190, but was thinking by next week...had no idea it would collapse nearly $5 bucks after that...not complaining though :). i will short again if it bounces 2 or 3 dollars.

[Dimension]

if that is what you believe, then you could go with the March or June 15 or 13.75 or 12.50 Puts. I personnlly would go with the closer to money one which would be the 15. Now if you think the move will happen soon, go with the March, otherwise give yourself another couple months and go with the June Puts.

my opinion though, i don't think TASR will move much until after next week expiration and right now looks like it will close above 15 next week.

[benn]

dim, ive a question, if i was interested in TASR, and i believed the bias to be downward, and i also believed that it would see 9.00 which options would i be interested in and why?
thanks much, you know im not good at this option stuff..
bb

[Dimension]

ASTM may be a tradeable play in the ST here. THAT IS, if it crosses back above it's 20ema in the next two days. The risk taker would buy here with a tight stop (3%), the more conservative (me), would not buy it under the 20ema, but would put a buy in at a couple of ticks above, which would be 3.13.

http://stockcharts.com/def/servlet/SC.web?c=ASTM,uu[p,a]daclyyay[pc20!c50!c200!d20,2!f][vc60][iUd20!...

[Dimension]

don't know benn, can't recall right now

[benn]

what was the peak in AH dim?

[Dimension]

CREE, an old play of mine (in december) up significantly in AH. ST, profit taking likely in day or two (although there is a possiblity of a 52-week breakout play remaining on the board). LT, good buy on dips. imo.

[benn]

i been tracking astm gern stem and viac everyday, im waiting for viac to be under 9.50, and astm under 2.70, but keep your eye on the alternative fuel sector, it seems to be gaining momentum, bldp, amsc, apcc, the betas on these are pretty good, when theres any sort of news they jump alot..

[Dimension]

well, sort of benn, i made back losses on some QQQ calls...heh. i had the feb 37 calls, which had given back most of it's gains in the last week, but decided to hold on to it after noticing the last half hour activity this week...it looks like buying kept coming in the last 1/2 hour ever day this week, which i thought was bullish, and that happened to work out well today of all days, so got lucky.

I had to take a loss on GOOG early this morning. tried going long, was in the green, but then watched that evaporated and just exited for a small loss...

other than that, wanted to add to ASTM, but did not. it's either going to head much lower, at which point i will add, or today was just selling of news. if the latter, i feel it was bullish, as it was not much selling, meaning many are holding on and hopefully will continue to hold as stem cells continue to recieve more attention.

[benn]

dim, ya make any loot today, im in the red alittle myself, should have known better than to short stregnth..

[occams_razor]

Got ya. Thanks for your read, as always. Have a good weekend Dim and Go Pats!!

[Dimension]

feels toppy to me too...much more than a day is needed to change that...and right now, it seems it's the market chose wrong time to try and convince traders there is more up side to come (with Vix and other readings where they are at).

[occams_razor]

thanks Dim. Feels toppy to me too. Might lighten up a few things.

[Dimension]

i don't think it's necessarily indicating an immediate turn, but i think it may be close....like by end of next week

[occams_razor]

uh oh!

[Dimension]

vix - new low

[methodibd]

scalped qqqq gap fill play 37.22 -> 37.03. woo hoo. watching to play gap in other direction 37.75 -> 38.05

[Dimension]

Good for Adult Stem Cell: http://www.lifenews.com/bio672.html

[benn]

i copy, thanks dim

[Dimension]

yes. but again, just one indicator to take into account. i think the other to keep any eye on is what nick pointed out...new highs.

[benn]

dim, meaning a potential top is near?
tia
bb

[Dimension]

benn, at these levels, the VIX is ONE INDICATOR signaling a top is near. it is right now around 12, but prior to this, the previous low was 11.14. So what i mean is that while i think it can go lower than that since it is in a downward sloping channel (and implying the market will move continue up), it is risky because it is already very low and indicating complacency.

[benn]

dim, question, what do you mean its a risk playing for a lower low?
tia bennet

[Dimension]

VIX took a nice dive today.

VIX has been in a year long downward sloping channel the last year. If that channel is any indication, VIX may hit new low before turning. Obviously, with vix at these levels, it is a risk playing for a lower low.
Using a 50MA with 2 std dev seems to work fairly well in the last year.

[bob3]

Dimension: Thanks Bud, keeping
track on the old board esp ASTM

http://ragingbull.lycos.com/mboard/boards.cgi?board=DRBOB&read=88425

Watched a Religious program Friday nite for the first time, good discussion on this subject. Next week ASTM will be highlighted.

The World Over
http://ewtn.com/

[Dimension]

http://feeds.bignewsnetwork.com/?sid=f41ec562e4100b18

Big News Network.com Tuesday 25th January, 2005 (UPI)

Ill heart patients dosed with their own stem cells through tiny incisions showed improvement in their heart performance, report Pittsburgh researchers.

Thirty patients were treated in the study that took place in South America. All of the treated patients had severe congestive heart failure and had exhausted all other treatment options.

Fifteen of the patients were treated with stem cells, taken from the bone marrow in their hip bones. The stem cells were injected directly into their hearts. Four tiny incisions were used for the injections to minimize trauma to the patients. As a control 15 patients underwent the same procedure but without the stem cells.

Each treated patient showed some improvement with some improving as much as 52 percent in the amount of blood pumped out of the heart to the body. The study shows the treatment could help as many as 40 percent of the patients suffering from congestive heart disease unrelated to coronary blockages.

The 15 patients who were controls for the study are now eligible for the stem cell treatment. A report on the trial was presented Tuesday at the 41st Annual Meeting of the Society for Thoracic Surgery.

[Dimension]

ST chart shows some bullishness. Last two days has seen decent buying in the last hour as compared the 5 previous days, forming a series of higher lows

&r=6650>

[benn]

LOL, must have just woke up

[Dimension]

thanks for that Bob!

[bob3]

ViaCell, Inc. Completes Initial Public Offering; Sells All Over-Allotment Shares
Thursday January 27, 7:33 am ET

http://biz.yahoo.com/prnews/050127/neth006_1.html

BOSTON, Jan. 27 /PRNewswire-FirstCall/ -- ViaCell, Inc. (Nasdaq: VIAC - News) announced the completion of its initial public offering of 7,500,000 shares of common stock. In addition, the underwriters of its initial public offering exercised their over-allotment option in full and purchased an additional 1,125,000 shares of common stock. All such shares were sold by ViaCell at the initial public offering price of $7 per share, less underwriting discounts and commissions.
////
Stem Cell related Bio's (rev)

http://ragingbull.lycos.com/mboard/boards.cgi?board=DRBOB&read=88443

[Dimension]

like day trading ASTM the last few days as early dips have been good buys. today bouncing off it's 20ema on the daily and 60 showing a sever breach of lower BB, impling a bouncing over next few hours. could be another nice scalp if it dips again...say to about 2.95. of course, the ideal buy here would be 2.77, but doesn't seem as though it will get there.

[Dimension]

lol...must have shaken me up! foolish trade it was, i deserve it.

[methodibd]

must have been, you can't even type right! LOL. thx for update.

[Dimension]

rsiky indeed...out!

[Dimension]

picked up Feb 185 puts on GOOG @8.90. a risky play i know...but not betting the farm on this.

[Dimension]

LOL...i like your audience...

[methodibd]

Nice Play.

[Dimension]

buying astm for a play here @3.13

[Dimension]

the tutorials of AmiBroker explain it well (the can be found in the help topics). basically it's all a part of the software. the language is a proprietary one called AFL, but modeled after many ofther Trading Software language (very similar to javascript).