November 21, 2007
Session Start: Wed Nov 21 00:00:00 2007
Session Time: Wed Nov 21 00:00:00 2007
[08:03] {Threei} CPSL REPORTS Q1 $0.08; R$25.3M V $10.5M Y/Y- China Precision Steel's new cold-rolled mill with 150,000 metric tons of design capacity is operating at 40% utilization. It is expected to reach 50% utilization by the end of calendar year 2007. The Company has plans to commence the construction of a third mill with 150,000 metric tons of capacity in the first quarter of 2008.
[08:06] {BillyD} morning Vad
[08:07] {Threei} morning :)
[08:09] {BillyD} enjoying your TTR again
[08:10] {BillyD} has much deeper meaning this time
[08:10] {Threei} you really are pushing me into reading it...
[08:10] {BillyD} lol
[08:10] {Threei} but I know what you mean
[08:10] {Threei} I recieve e-mails saying things like
[08:10] {Threei} it reads very differently with time and experience
[08:11] {Threei} getting deeper levels, more meaning
[08:11] {BillyD} yes
[08:11] {Threei} I take it as a great compliment, means book is really well written
[08:11] {Threei} not "flat"
[08:11] {BillyD} example...a trader must always be in continous learning and development
[08:12] {BillyD} whem we stop learning we close down the growth and capacity of our minds
[08:12] {BillyD} which can somewhat send us backwards by default
[08:12] {Threei} PREVIEW: US INITIAL JOBLESS CLAIMS DATA DUE OUT AT 8:30AM ET
[08:12] {Threei} - Continuing Claims seen at 2.575M v prior 2.568M
[08:13] {Threei} or we simply fall behind
[08:13] {BillyD} yes
[08:13] {Threei} things change in markets,
[08:13] {Threei} not in fundamental way, but in tactical way
[08:13] {Threei} gotta roll with punches
[08:14] {Threei} mania in particular sector comes, you deploy different style of trading
[08:14] {BillyD} I think that is what takes the edge of tightness off
[08:14] {BillyD} flexible
[08:14] {Threei} right
[08:14] {Threei} mania ends, you go back to "regular" trading
[08:15] {Threei} when chinese stocks mania hit a while ago, my daily takeout increased by factor 3
[08:15] {BillyD} there is a difference between being disciplined in execution of trades and flexible in trading different mkts
[08:15] {Threei} would be a shame not to use such opportunity
[08:18] {BillyD} a key is finding your own edge or style of trading...setups you see that generate impulse to enter trade
[08:19] {Threei} bringing structure to chaos
[08:21] {BillyD} u don't have turkey day tomorrow right
[08:22] {Threei} no, ours happened at the end of Oct
[08:25] {Threei} what day(s) is market closed?
[08:25] {BillyD} tomorrow and half day friday
[08:25] {Threei} good thing I asked
[08:25] {BillyD} 1 pm ET on friday
[08:26] {BillyD} yes......
[08:26] {BillyD} do you know if your CPU is dual core or not
[08:26] {Threei} this holiday always gets me because of difference between Canada and US versions
[08:27] {Threei} how do I find that out? :)
[08:27] {BillyD} not sure
[08:27] {BillyD} age of your pc
[08:27] {BillyD} ?
[08:28] {Threei} year and half
[08:28] {BillyD} ok
[08:29] {Threei} it's customary built so I don't have any manufacturer manuals
[08:29] {BillyD} maybe if it says "AMD 64 X2" what I can tell from Google
[08:29] {Threei} no x2
[08:29] {Threei} says 3200+
[08:29] {BillyD} ok
[08:29] {Threei} whatever that means
[08:30] {Threei} it's 64 bit processor
[08:30] {BillyD} but AMD is faster than the single core Intel.....
[08:30] {Threei} *(CA) SEPT RETAIL SALES M/M: -0.2% V 0.0%E; LESS AUTO M/M: 0.1% V 0.3%E
[08:31] {Threei} maybe our loonie finally gives up
[08:31] {Threei} *INITIAL JOBLESS CLAIMS: 330K V 330KE; CONTINUING CLAIMS: 2.566M V 2.575ME
[08:31] {Threei} - Prior Continuing Claims Revised from 2.568M to 2.559M
[08:31] {Threei} yup, USD just shot up vs CAD... here is to hope
[08:32] {BillyD} the US debt gonna kill us globally
[08:32] {Threei} well, funny thing is so far it kills everyone else
[08:33] {Threei} it's like troubles are getting artfully exported
[08:33] {BillyD} kind of like cooking books
[08:33] {BillyD} sweeping under carpet
[08:33] {Threei} no, not really
[08:33] {Threei} everyone sees troubles
[08:34] {Threei} but heavy involvement of various world banks in subprime causes problems well outside of US borders,,
[08:35] {Threei} weakening dollar hits other countries first,
[08:35] {Threei} you will feel its impact later, when WalMart prices shoot up
[08:36] {BillyD} I see what u mean
[08:36] {BillyD} US can withstand losses a bit better
[08:37] {BillyD} they just print more bandaid money
[08:37] {Threei} whole world hopes so
[08:37] {Threei} well, except Chaves
[08:37] {Threei} :)
[08:37] {BillyD} yeah.....
[08:37] {Threei} well, printing banaid money gotta stop...
[08:37] {BillyD} printing more money just effects eventual debt problem
[08:38] {Threei} but for that someone would have to re-evaluate alan greenspan's legacy
[08:38] {BillyD} I saw him on TV prgram
[08:38] {Threei} and whole concept of monthly regulated interest rate
[08:39] {BillyD} and he said they were trying to raise interest rates but were too slow and was main reason we are in Real Estate fiasco
[08:39] {Threei} lol
[08:39] {BillyD} they made it too easy......a dash of greed and you know the rest
[08:39] {BillyD} greed from system players to the retail
[08:40] {Threei} everything is so clear in hindsight
[08:40] {Threei} but at the moment, they had a lot of pressing concerns making them lower rates
[08:40] {BillyD} greed is emotion....clouds judgement
[08:40] {Threei} and those concerns were very different
[08:41] {BillyD} yes with later effects
[08:41] {Threei} it's not that RE bubble bursted they see how they constructed it
[08:41] {Threei} not = now
[08:41] {Threei} back then they were saying great, rising re prices save our economy at the moment
[08:42] {BillyD} funny...all the things we learn in trading with emotions/discipline
[08:42] {Threei} cure vs illness anyone?
[08:42] {BillyD} is totally applicable to life
[08:42] {Threei} absolutely
[08:42] {BillyD} in trading....they are right in front of you...less forging or rewarding immediately
[08:42] {Threei} isn't it widelt acknowledged fact that rate change takes about 18 months to work its way through economy?
[08:42] {BillyD} in life provides life to denila
[08:43] {BillyD} denial
[08:43] {BillyD} yeaH...AND THEY HOPEW THE PSYCHOLOGICAL EFFECT WILL SUFFICE UNTIL WE GET THERE
[08:43] {BillyD} sorry
[08:43] {Threei} so how regulating them on monthly basis makes sense?
[08:44] {Threei} and how 11 hikes in a row, then 13 cuts in a row make sense?
[08:44] {BillyD} actually adds to nuerotcism
[08:44] {BillyD} too much volatility
[08:45] {BillyD} think about the childishness
[08:45] {Threei} they just added another factor in markets equation
[08:45] {BillyD} mkt gets rate cut.....immediately it iws ok when is our next one
[08:45] {BillyD} true another variable
[08:45] {Threei} no slightest evidence that since fed started regulating interest rate inflation is under more control or crises are less frequent
[08:46] {Threei} unpegging from gold standard is whole separate story
[08:46] {Threei} mad money printing/exporting
[08:47] {Threei} some business books have this analogy:
[08:47] {BillyD} well...it really comes down to the whole masses taking more responsibility for their lives, accountability, discipline, living within means, etc
[08:47] {Threei} you are trying to get the right water temperature in the shower with single handle
[08:47] {BillyD} lol
[08:47] {Threei} open it, it's scolding hot,
[08:48] {Threei} your first reaction is to turn it quickly to the opposite
[08:48] {Threei} water turns cold
[08:48] {Threei} you start controlling your movements
[08:48] {Threei} trying to get right temperature in the fork.
[08:48] {Threei} Eventually you succedd of course,
[08:48] {Threei} and it take certain time.
[08:49] {BillyD} a few burns here and there
[08:49] {Threei} So, this time is way longer
[08:49] {Threei} and effort is much greater
[08:49] {Threei} than it would be were you slowly moving the handle to the colder part of the range.
[08:49] {BillyD} isn't a system that feeds human weakness
[08:50] {Threei} it happenbs because of the delayed feedback
[08:50] {Threei} since temperature isn't changing immediately after your move,
[08:50] {Threei} you tend to overshoot target.
[08:51] {Threei} when you overshoot targets on each side and try to narrow the range of your movement, it's less optimal then slowly moving to the teraget and waiting for feedback to make its way through the system.
[08:51] {BillyD} the need for instant gratification
[08:51] {Threei} See analogy with 11 hikes, 13 cuts?
[08:52] {BillyD} yes
[08:52] {BillyD} back to same spot with big mess
[08:52] {Threei} yup
[08:52] {Threei} burned skin on one spots, frozen in otyhers
[08:53] {BillyD} man's need to always feel in control....reason to constantly monitor and change every month
[08:53] {BillyD} lol
[08:53] {Threei} read one bubble bursts, another is created
[08:53] {BillyD} what is next mania then?
[08:53] {cosmo} solar
[08:53] {Threei} I am buying all daffoldils I can get my hands on
[08:53] {BillyD} Global Warming
[08:54] {BillyD} just as Al Gore invented internet...GW next
[08:54] {Threei} tulips is too well known, daffodills is next best thing with different name
[08:55] {Threei} when each bulb of my King Alfred is sold for %199.99 you all will stop laughing
[08:57] {cosmo} once it costs only 30c per watt to make solar cells, we rock. Oil stays under ground, where it belongs
[08:58] {cosmo} ... and the economic displacement could be freightening... but, no matter...
[08:58] {BillyD} agree cosmo
[08:59] {BillyD} Realoity Trader saves the world with new policy abroad
[08:59] {cosmo} its an elephant in the room policy
[09:00] {dptl} good morning all
[09:00] {BillyD} dp :)
[09:01] {dino} gm all
[09:01] {Threei} dp, dino :)
[09:02] {Threei} btw, if I am not mistaken, among republican candidates there is one whose views are fairly close to what I blabbed above
[09:02] {Threei} ron paul
[09:03] {Threei} I say it so Raven doesn't slap me for being too deep and way out of my league :)
[09:04] {cosmo} and if he gets popular, he could be in mortal danger...
[09:05] {Raven} sigh
[09:05] {dino} fxp rocking, china must be dropping
[09:05] {dptl} short day today? closed tomorrow and short day friday?
[09:05] {Threei} full day today I believe
[09:05] {Threei} the rest is right
[09:05] {dino} full day, fri. 1:00 close
[09:06] {dino} jrjc down
[09:07] {dino} tsl blood
[09:07] {dptl} hmm on briefing.com it says:
[09:07] {dptl} Nov 21
[09:07] {dptl} Early close for financial futures & option pits at 1 EST
[09:07] {dptl} Nov 21
[09:07] {dptl} JEITA International Broadcast Equipment Exhibition 2007 (Day 3 of 3)
[09:07] {dptl} Nov 22
[09:07] {dptl} Thanksgiving Day: All markets closed
[09:07] {dptl} Nov 22
[09:07] {dptl} ASM International N.V. at Kempen & Co. Benelux Conference
[09:07] {dptl} Nov 22
[09:07] {dptl} Votorantim Celulose e Papel S.A. Analyst Meeting
[09:07] {dptl} Nov 23
[09:07] {dptl} Early close for financial futures & option pits at
[09:08] {Threei} futures & option
[09:08] {Threei} not equitiesa
[09:08] {cosmo} ETFC
[09:09] {cosmo} nearing 4
[09:10] {Threei} Raven just sighed at me... I guess I got away with it
[09:10] {cosmo} nah... that was me
[09:10] {cosmo} i think
[09:10] {esemde} morning RT's
[09:10] {Threei} ese :)
[09:12] {esemde} markets are open...for some reason i thought they would be closed
[09:12] {Raven} double sigh
[09:12] {Threei} closed tomorrow ese
[09:14] {esemde} tks
[09:14] {cosmo} ETFC
[09:14] {cosmo} tests 4
[09:16] {cosmo} wants more...
[09:28] {magoo} MORNING
[09:29] {BillyD} hey...you back
[09:29] {Threei} magoo!
[09:29] {magoo} :)
[09:29] {Threei} hunt is over?
[09:30] {magoo} well, buck/deer/bear concurrent season starts monday
[09:30] {magoo} bear onlone ends today
[09:30] {Threei} fun was had?
[09:30] {magoo} yup..and more coming
[09:30] {Threei} :)
[09:30] {magoo} i stay at hunt camp
[09:31] {magoo} good times:)
[09:31] {magoo} market closes friday 1 p.m for your info
[09:32] {Threei} RIMM sharp spike
[09:33] {dino} too soon imo
[09:34] {dino} really destroyed the dry shippers lately
[09:35] {Roman} CSIQ
[09:35] {Roman} long
[09:35] {BillyD} VVTV
[09:35] {Roman} 1/3 , 14.45 area
[09:43] {Roman} long CRDN
[09:43] {Roman} 1/3 size 42.35
[09:44] {dino} hl l tbsi .44, stop .99
[09:45] {Roman} out CRDN +1.02
[09:45] {BillyD} nice one
[09:46] {Roman} LUNA thin
[09:46] {Roman} QMAR
[09:46] {Roman} bounce play
[09:46] {Roman} with DRYS & EGLE
[09:48] {Roman} out CSIQ -.08
[09:49] {Threei} ZGEN?
[09:52] {BillyD} VVTV trying to set up
[09:53] {esemde} Roman...you and I have been in the same boat with CSIQ...
[09:53] {dino} ocnf l hl .50, stop .09
[09:53] {Roman} yep
[09:54] {Roman} it depends on what NQ does
[09:55] {Roman} long WM
[09:55] {Roman} 17.50 1/2 size
[09:56] {Roman} bouncing a bit with other financials
[09:56] {Roman} it follows C
[09:56] {dino} rimm hl l .97
[09:56] {Roman} CPSL on rdar
[09:57] {esemde} That one is due for a bounce as well
[09:57] {dino} out tbsi .30, +.86
[09:57] {Threei} had news before open
[09:58] {Threei} [08:03] {Threei} CPSL REPORTS Q1 $0.08; R$25.3M V $10.5M Y/Y- China Precision Steel's new cold-rolled mill with 150,000 metric tons of design capacity is operating at 40% utilization. It is expected to reach 50% utilization by the end of calendar year 2007. The Company has plans to commence the construction of a third mill with 150,000 metric tons of capacity in the first quarter of 2008.
[09:58] {Roman} watching EGLE & QMAR to bounce with DRYS
[09:58] {dino} thats what tbsi did rfr
[09:59] {dino} ocnf works w/drys too
[10:00] {Threei} *NOV FINAL UNIV. OF MICHIGAN CONFIDENCE: 76.1 V 75.0E
[10:00] {Threei} *OCT LEADING INDICATORS: -0.5% V -0.3%E
[10:00] {Roman} BUY BUY BUY
[10:01] {Roman} everything see bBUY BUY
[10:01] {Roman} SELL
[10:02] {Roman} out WM
[10:02] {Roman} had 20 cents but did take
[10:03] {Roman} did not take
[10:03] {dino} rimm stopped -.46
[10:04] {Threei} maniac-depressive market still
[10:04] {dino} yeah, ya think
[10:04] {Threei} rarely
[10:05] {Roman} my personal outlook market under pressure until after 2008
[10:05] {Roman} we bounce at end of January
[10:05] {Roman} before that it's ugly
[10:05] {esemde} Ok i'm confused now....whats Roman recommending......Buy Buy...no sell...wait buy ...no Sell Sell yes yes Buy....
[10:05] {Roman} IMO
[10:05] {Roman} ese, i covered both side, in case market goes up BUY if goes down SELL, i am right either way
[10:06] {esemde} just pulling your leg a little.......
[10:06] {Threei} he suggests that it takes a crazy to understand one, ese :)
[10:06] {Raven} sigh ... another "analyst" :)
[10:06] {BillyD} anyone reading ETFC
[10:06] {dino} buy when down, sell when up....and be out by end of day
[10:07] {dino} imo of course
[10:07] {Threei} BRCM
[10:07] {Threei} want to short it
[10:07] {Threei} maybe bounce
[10:07] {Threei} hate to chase here
[10:08] {Threei} and market is so jerky, I would like to wait a bit
[10:08] {esemde} i'm watching ETFC Billy...
[10:08] {esemde} am considering bstop at.87
[10:08] {dino} bidu like the siren song
[10:09] {Threei} PREVIEW: DOE PETROLEUM INVENTORIES DUE AT 10:30AMET
[10:09] {Threei} - Crude: +750Ke
[10:09] {Threei} - Gasoline: +1Me
[10:09] {Threei} - Distillate: -400Ke
[10:09] {Threei} - Utilization: 88.2%e
[10:10] {esemde} sorry Billy thats bstop at .20 am considering
[10:10] {BillyD} ok
[10:11] {dino} gs beat down
[10:11] {esemde} am watching level 2...but don't know what to think ...
[10:12] {esemde} to late missed it as i was typing
[10:14] {esemde} back to watching CSIQ
[10:15] {dino} lol ese
[10:15] {dino} but, i understand what you mean
[10:16] {Threei} BRCM won't bounce with NQ
[10:16] {esemde} inflicting new level of torture on myself to learn patience....
[10:19] {BillyD} thinking ss BRCM Vad if break down
[10:19] {Threei} yeah
[10:19] {dino} sometimes less is more ese
[10:20] {Threei} I'd prefer a bounce entry but there wasn't much of a bounce
[10:20] {esemde} If CSIQ makes it above 14.50 with any level of conviction it should go along way.....but then it's question of finding a proper entry point
[10:20] {BillyD} in .14
[10:20] {dino} wow tsl
[10:21] {esemde} yikes....
[10:21] {esemde} not good for solars
[10:23] {dino} sigm
[10:23] {Threei} good boy BRCM
[10:23] {esemde} weird....it has a buy rating and a $76.00 target from wall street Bank of America Securities
[10:24] {BillyD} cov'd 2/3 here
[10:25] {dino} l hl sigm .38
[10:25] {dino} risky
[10:26] {BillyD} cov'd rest
[10:26] {Threei} wtg
[10:26] {BillyD} ty
[10:27] {Threei} welcome
[10:27] {dino} gj
[10:28] {dino} sigm stop is .97 fwiw
[10:32] {dino} out ocnf .65, +.15
[10:32] {dino} sigm stopped slippage-.48
[10:35] {dino} fast drop
[10:38] {BillyD} Vad...still in BRCM
[10:38] {Threei} half
[10:39] {BillyD} .80 is key from last daily low on 10/23
[10:41] {BillyD} CPSL..didn't trust it enough to try
[10:43] {dino} tbsi hl l .30
[10:53] {Threei} stop to .86 BRCM
[10:53] {Threei} tightening it
[10:54] {Threei} covered BRCM in full
[10:54] {BillyD} nice one
[10:54] {BillyD} watching AMZN for poss short
[10:54] {dino} tbsi stopped -.30
[11:02] {Threei} too soon BRCM eh?
[11:02] {BillyD} it was the .80 area
[11:03] {BillyD} I missed reshorting
[11:05] {BillyD} that was a good spot on your part vad
[11:06] {BillyD} it being a salmon against the NQ upticks
[11:06] {BillyD} initially
[11:06] {Threei} ty
[11:06] {Threei} I have my moments
[11:06] {BillyD} have another one :)
[11:07] {dino} l drys .00, hl risky
[11:13] {_lumdus} So is this the only window i should be watching
[11:13] {esemde} am back...power in the house went out again.....2nd time in 2weeks...I think we have a problem...
[11:13] {Threei} yes lumdus
[11:13] {BillyD} pay your bill ese :)
[11:13] {Threei} or feed hamstews?
[11:13] {Threei} hamsters too
[11:13] {BillyD} lol
[11:14] {dino} welcome to the jungle lumdus
[11:14] {Threei} not the best day to start, pre-holiday trading
[11:14] {Threei} but BRCM was good
[11:15] {dino} c'mon, its been fun
[11:15] {Threei} I will be last one to object :)
[11:17] {Threei} my monitors started acting up, need urgent update of videocard drivers... with my multimonitor setup there is a whole lot of things that could go wrong with that. So if I am not here till 2008, you know what happened
[11:18] {dino} lulu
[11:18] {Threei} stay decent dino...
[11:18] {Threei} need to restart... wait for me please... and pray for me...
[11:19] {Threei} just in case... remember me please...
[11:24] {dino} out drys .24, +.24
[11:25] {dino} too soon, scared me ot
[11:26] {Threei} wow... I am back
[11:26] {Threei} believe it or not...
[11:26] {BillyD} where is Vad?
[11:26] {dino} tbsi l .91
[11:26] {Threei} and who is he
[11:29] {dino} wynn l .90
[11:33] {Threei} CPSL is still moving
[11:33] {Threei} miss of the day for me
[11:33] {Threei} didn't believe in it at all
[11:34] {BillyD} same here
[11:34] {Threei} can I use pre-holiday coma as an excuse?
[11:34] {BillyD} past experience
[11:34] {Threei} {magoo} you could if you weren;'t in coma permanently
[11:35] {BillyD} good enough for me
[11:39] {dino} 3i answering himself i see
[11:39] {Threei} it comes with certain age dino
[11:40] {Threei} since noone wants to talk to you anymore, you start finding consolation in impersonating your counterparts and having quite meaningful conversation
[11:42] {dino} unfortunately, i relate
[11:42] {BillyD} you both are a cure for one another
[11:42] {Threei} lol
[11:42] {dino} i'm not sure about that
[11:43] {BillyD} rflol
[11:43] {BillyD} I tried for you Vad
[11:43] {Threei} in vain I see
[11:43] {dino} out tbsi .74, +.84
[11:43] {dino} .83 i mean
[11:43] {BillyD} nice one dino
[11:43] {dino} ty
[11:44] {esemde} patience or what....eh....CSIQ making another run at 14.50
[11:45] {Threei} IMO, leave it be for now
[11:45] {Threei} its day will come
[11:45] {Threei} but at this point it's just useless piece of junk shaking you our every time you try it
[11:45] {esemde} definately......just throwing that in to lighten the mood....
[11:46] {Threei} RIMM small shares long
[11:47] {Threei} stop under .80
[11:48] {dino} you want to lighten it, toss me a tequilla
[11:48] {Threei} not holding, RIMM
[11:53] {dino} out wynn .23, +.33
[11:54] {dino} brb
[11:54] {magoo} ok, i have to go, just found out 5 yr old daughter has pnuemonia
[11:54] {magoo} good luck to u all
[11:54] {Threei} ouch
[11:54] {Threei} sorry mags
[11:55] {magoo} yeah...contagious too..can't get together w/families tomorrow(not complaining...feel bad for her of course)
[11:59] {dino} selling everthing too soon today
[12:00] {dino} iphs
[12:02] {dino} rally?
[12:03] {dino} iphs missed it
[12:03] {Threei} not sure it can be called rally... it's aimless jerking up and down
[12:03] {dino} ocnf l .43, stop .09
[12:04] {dino} rimm l trig .00 imo
[12:05] {dino} hmmm 3i picking on my insight, :)
[12:05] {Threei} that's how boredom reveals itself in me
[12:06] {Threei} I start picking on people
[12:06] {dino} decent day imo, you too?
[12:06] {Threei} yes, but not active
[12:06] {Threei} very few trades
[12:06] {dino} 8
[12:06] {dino} missed 3
[12:07] {dino} we dropped the ball on tsl
[12:07] {BillyD} if CPSl takes .30 offer may be worth a shot
[12:08] {BillyD} CPSL
[12:10] {BillyD} Vad is RIMM in sync w/ NQ today.....or is it hit or miss
[12:10] {Threei} can't get its rythm today
[12:11] {BillyD} just started watching and it seems to do it's own thing
[12:11] {dino} agree, not w/it today
[12:20] {dino} there goes my rally
[12:21] {dino} ocnf stop to .39
[12:21] {dino} back in 10
[12:22] {BillyD} mini rally
[12:24] {Threei} have a look at my CAST
[12:24] {Threei} attacking again
[12:25] {BillyD} I took it off earlier due to low vol
[12:25] {BillyD} intersting eh
[12:25] {Threei} accumulation
[12:25] {BillyD} yup
[12:26] {BillyD} buy the pb
[12:26] {BillyD} again...all relevant to time frame
[12:38] {dino} back rimm got mojho huh
[12:42] {BillyD} another mini rally
[12:43] {dino} ok, wife stopped in, back after lunch
[12:44] {dino} keep hard stop on ocnf, let it trade. back in 30
[12:54] {BillyD} just got .27 scalp on RIMM ...small shares
[12:54] {Threei} :)
[12:57] {BillyD} wanted more...but what you have vanishes in a blink
[12:58] {BillyD} sheesh
[13:00] {Threei} in attempts to confuse participants market became so confused itself
[13:01] {BillyD} on RIMM...it seems you try and pick best entry....assume .40-.50 stop and just see what happens
[13:14] {BillyD} doing anything Vad
[13:14] {Threei} oh yes
[13:14] {Threei} staring at the wall
[13:14] {Threei} finding a lot of interesting paint patterns
[13:14] {BillyD} sorry to interrupt
[13:15] {Threei} that's OK, you can't do worse than my cat
[13:26] {Threei} total psycho
[13:26] {BillyD} your cat
[13:26] {Threei} no... market
[13:27] {Threei} cat is nice.. just way too 'its own"
[13:50] {dino} ocnf stop to .84
[13:51] {dino} out .85, +.42
[13:51] {Threei} watch CAST doing it again
[13:55] {BillyD} yes
[13:56] {Threei} can you beliewve size of buys?
[13:57] {BillyD} huge
[13:58] {BillyD} stop it
[13:58] {BillyD} save some for little guys
[13:58] {Threei} little guy is me trying to sell it at 8 :)
[13:59] {BillyD} lol
[14:01] {dino} mwiv
[14:02] {dino} wow drys flat
[14:03] {dino} tbsi hl l .59, stop .19
[14:09] {BillyD} Jade creeping up
[14:09] {BillyD} any news Vad
[14:09] {BillyD} I see none
[14:10] {Threei} nope
[14:11] {dino} out tbsi .89, +.30
[14:12] {dino} ohh mannnn
[14:12] {dino} cnqr l .75
[14:23] {BillyD} seems like each stock in a world of its own
[14:24] {Threei} today is very disconneted yes
[14:27] {BillyD} wanted to short Jade but I couldn't find a decent readable entry
[14:38] {dino} rock 'n roll
[14:39] {dino} eicu
[14:41] {Chaeron} market closes at 1PM EST Friday btw :)
[14:46] {dino} darn, missed it, wanted .96
[15:00] {dino} jrjc hl l .31
[15:04] {dino} out cnqr .94, +.19
[15:06] {Threei} last 30 min or so AAPL follows NQ better than RIMM does
[15:07] {BillyD} watching NDAQ
[15:08] {BillyD} doesn't seem to move too much, but nice chart
[15:10] {dino} jrjc stopped .20, -.11
[15:16] {BillyD} Vad...that kid w/ the crayon been everywhere today
[15:16] {Threei} yeah, someone forgot to restrain him
[15:18] {dino} most likely done, good day again, thx for ideas
[15:18] {dino} everybody have a great thursday/thanksgiving off
[15:19] {Threei} tried AAPL couple times, looks treadable
[15:19] {BillyD} u 2 dino
[15:19] {Threei} take care dino, have a great one
[15:19] {dino} u2
[15:19] {dino} nuhc
[15:19] {Chaeron} bye dino... best to you and yours... and magoo too if you see him
[15:20] {dino} ty
[15:20] {dino} u2
[15:21] {dino} man, missed nuhc too
[15:21] {dino} was at .80
[15:22] {dino} ok, thats it, take care
[15:23] {cosmo} ETFC hod = 4.27
[15:23] {cosmo} fwiw
[15:24] {Threei} ZIXI worth keeping eye on after the holiday
[15:25] {BillyD} yes...have it up
[15:26] {BillyD} BRCM seems stalled here
[15:27] {BillyD} ss below .40 or long off .52
[15:27] {BillyD} flip a coin
[15:32] {cosmo} ETFC
[15:45] {Chaeron} See you nice ppl Friday...... May your Thanksgivings be warm and wonderful...
[15:45] {Threei} take care chaeron
[15:45] {BillyD} bye C
[15:46] {Chaeron} bye guys :)
[15:48] {hawkfan4} have a good holiday all
[15:48] {Threei} you too hawk
[15:48] {Threei} thank you all, have a great holiday
[15:48] {hawkfan4} thx vad :)
[15:48] {Threei} see you on Friday
[15:48] {Threei} not sure why
[15:48] {BillyD} bye all.....
[15:48] {Threei} can just as well take a break till Mon :)
[15:48] {BillyD} go for it
[15:52] {dptl} really bad for me today
[15:53] {BillyD} sorry to hear dp
[15:53] {dptl} it's all right....
Session Time: Wed Nov 21 00:00:00 2007
[08:03] {Threei} CPSL REPORTS Q1 $0.08; R$25.3M V $10.5M Y/Y- China Precision Steel's new cold-rolled mill with 150,000 metric tons of design capacity is operating at 40% utilization. It is expected to reach 50% utilization by the end of calendar year 2007. The Company has plans to commence the construction of a third mill with 150,000 metric tons of capacity in the first quarter of 2008.
[08:06] {BillyD} morning Vad
[08:07] {Threei} morning :)
[08:09] {BillyD} enjoying your TTR again
[08:10] {BillyD} has much deeper meaning this time
[08:10] {Threei} you really are pushing me into reading it...
[08:10] {BillyD} lol
[08:10] {Threei} but I know what you mean
[08:10] {Threei} I recieve e-mails saying things like
[08:10] {Threei} it reads very differently with time and experience
[08:11] {Threei} getting deeper levels, more meaning
[08:11] {BillyD} yes
[08:11] {Threei} I take it as a great compliment, means book is really well written
[08:11] {Threei} not "flat"
[08:11] {BillyD} example...a trader must always be in continous learning and development
[08:12] {BillyD} whem we stop learning we close down the growth and capacity of our minds
[08:12] {BillyD} which can somewhat send us backwards by default
[08:12] {Threei} PREVIEW: US INITIAL JOBLESS CLAIMS DATA DUE OUT AT 8:30AM ET
[08:12] {Threei} - Continuing Claims seen at 2.575M v prior 2.568M
[08:13] {Threei} or we simply fall behind
[08:13] {BillyD} yes
[08:13] {Threei} things change in markets,
[08:13] {Threei} not in fundamental way, but in tactical way
[08:13] {Threei} gotta roll with punches
[08:14] {Threei} mania in particular sector comes, you deploy different style of trading
[08:14] {BillyD} I think that is what takes the edge of tightness off
[08:14] {BillyD} flexible
[08:14] {Threei} right
[08:14] {Threei} mania ends, you go back to "regular" trading
[08:15] {Threei} when chinese stocks mania hit a while ago, my daily takeout increased by factor 3
[08:15] {BillyD} there is a difference between being disciplined in execution of trades and flexible in trading different mkts
[08:15] {Threei} would be a shame not to use such opportunity
[08:18] {BillyD} a key is finding your own edge or style of trading...setups you see that generate impulse to enter trade
[08:19] {Threei} bringing structure to chaos
[08:21] {BillyD} u don't have turkey day tomorrow right
[08:22] {Threei} no, ours happened at the end of Oct
[08:25] {Threei} what day(s) is market closed?
[08:25] {BillyD} tomorrow and half day friday
[08:25] {Threei} good thing I asked
[08:25] {BillyD} 1 pm ET on friday
[08:26] {BillyD} yes......
[08:26] {BillyD} do you know if your CPU is dual core or not
[08:26] {Threei} this holiday always gets me because of difference between Canada and US versions
[08:27] {Threei} how do I find that out? :)
[08:27] {BillyD} not sure
[08:27] {BillyD} age of your pc
[08:27] {BillyD} ?
[08:28] {Threei} year and half
[08:28] {BillyD} ok
[08:29] {Threei} it's customary built so I don't have any manufacturer manuals
[08:29] {BillyD} maybe if it says "AMD 64 X2" what I can tell from Google
[08:29] {Threei} no x2
[08:29] {Threei} says 3200+
[08:29] {BillyD} ok
[08:29] {Threei} whatever that means
[08:30] {Threei} it's 64 bit processor
[08:30] {BillyD} but AMD is faster than the single core Intel.....
[08:30] {Threei} *(CA) SEPT RETAIL SALES M/M: -0.2% V 0.0%E; LESS AUTO M/M: 0.1% V 0.3%E
[08:31] {Threei} maybe our loonie finally gives up
[08:31] {Threei} *INITIAL JOBLESS CLAIMS: 330K V 330KE; CONTINUING CLAIMS: 2.566M V 2.575ME
[08:31] {Threei} - Prior Continuing Claims Revised from 2.568M to 2.559M
[08:31] {Threei} yup, USD just shot up vs CAD... here is to hope
[08:32] {BillyD} the US debt gonna kill us globally
[08:32] {Threei} well, funny thing is so far it kills everyone else
[08:33] {Threei} it's like troubles are getting artfully exported
[08:33] {BillyD} kind of like cooking books
[08:33] {BillyD} sweeping under carpet
[08:33] {Threei} no, not really
[08:33] {Threei} everyone sees troubles
[08:34] {Threei} but heavy involvement of various world banks in subprime causes problems well outside of US borders,,
[08:35] {Threei} weakening dollar hits other countries first,
[08:35] {Threei} you will feel its impact later, when WalMart prices shoot up
[08:36] {BillyD} I see what u mean
[08:36] {BillyD} US can withstand losses a bit better
[08:37] {BillyD} they just print more bandaid money
[08:37] {Threei} whole world hopes so
[08:37] {Threei} well, except Chaves
[08:37] {Threei} :)
[08:37] {BillyD} yeah.....
[08:37] {Threei} well, printing banaid money gotta stop...
[08:37] {BillyD} printing more money just effects eventual debt problem
[08:38] {Threei} but for that someone would have to re-evaluate alan greenspan's legacy
[08:38] {BillyD} I saw him on TV prgram
[08:38] {Threei} and whole concept of monthly regulated interest rate
[08:39] {BillyD} and he said they were trying to raise interest rates but were too slow and was main reason we are in Real Estate fiasco
[08:39] {Threei} lol
[08:39] {BillyD} they made it too easy......a dash of greed and you know the rest
[08:39] {BillyD} greed from system players to the retail
[08:40] {Threei} everything is so clear in hindsight
[08:40] {Threei} but at the moment, they had a lot of pressing concerns making them lower rates
[08:40] {BillyD} greed is emotion....clouds judgement
[08:40] {Threei} and those concerns were very different
[08:41] {BillyD} yes with later effects
[08:41] {Threei} it's not that RE bubble bursted they see how they constructed it
[08:41] {Threei} not = now
[08:41] {Threei} back then they were saying great, rising re prices save our economy at the moment
[08:42] {BillyD} funny...all the things we learn in trading with emotions/discipline
[08:42] {Threei} cure vs illness anyone?
[08:42] {BillyD} is totally applicable to life
[08:42] {Threei} absolutely
[08:42] {BillyD} in trading....they are right in front of you...less forging or rewarding immediately
[08:42] {Threei} isn't it widelt acknowledged fact that rate change takes about 18 months to work its way through economy?
[08:42] {BillyD} in life provides life to denila
[08:43] {BillyD} denial
[08:43] {BillyD} yeaH...AND THEY HOPEW THE PSYCHOLOGICAL EFFECT WILL SUFFICE UNTIL WE GET THERE
[08:43] {BillyD} sorry
[08:43] {Threei} so how regulating them on monthly basis makes sense?
[08:44] {Threei} and how 11 hikes in a row, then 13 cuts in a row make sense?
[08:44] {BillyD} actually adds to nuerotcism
[08:44] {BillyD} too much volatility
[08:45] {BillyD} think about the childishness
[08:45] {Threei} they just added another factor in markets equation
[08:45] {BillyD} mkt gets rate cut.....immediately it iws ok when is our next one
[08:45] {BillyD} true another variable
[08:45] {Threei} no slightest evidence that since fed started regulating interest rate inflation is under more control or crises are less frequent
[08:46] {Threei} unpegging from gold standard is whole separate story
[08:46] {Threei} mad money printing/exporting
[08:47] {Threei} some business books have this analogy:
[08:47] {BillyD} well...it really comes down to the whole masses taking more responsibility for their lives, accountability, discipline, living within means, etc
[08:47] {Threei} you are trying to get the right water temperature in the shower with single handle
[08:47] {BillyD} lol
[08:47] {Threei} open it, it's scolding hot,
[08:48] {Threei} your first reaction is to turn it quickly to the opposite
[08:48] {Threei} water turns cold
[08:48] {Threei} you start controlling your movements
[08:48] {Threei} trying to get right temperature in the fork.
[08:48] {Threei} Eventually you succedd of course,
[08:48] {Threei} and it take certain time.
[08:49] {BillyD} a few burns here and there
[08:49] {Threei} So, this time is way longer
[08:49] {Threei} and effort is much greater
[08:49] {Threei} than it would be were you slowly moving the handle to the colder part of the range.
[08:49] {BillyD} isn't a system that feeds human weakness
[08:50] {Threei} it happenbs because of the delayed feedback
[08:50] {Threei} since temperature isn't changing immediately after your move,
[08:50] {Threei} you tend to overshoot target.
[08:51] {Threei} when you overshoot targets on each side and try to narrow the range of your movement, it's less optimal then slowly moving to the teraget and waiting for feedback to make its way through the system.
[08:51] {BillyD} the need for instant gratification
[08:51] {Threei} See analogy with 11 hikes, 13 cuts?
[08:52] {BillyD} yes
[08:52] {BillyD} back to same spot with big mess
[08:52] {Threei} yup
[08:52] {Threei} burned skin on one spots, frozen in otyhers
[08:53] {BillyD} man's need to always feel in control....reason to constantly monitor and change every month
[08:53] {BillyD} lol
[08:53] {Threei} read one bubble bursts, another is created
[08:53] {BillyD} what is next mania then?
[08:53] {cosmo} solar
[08:53] {Threei} I am buying all daffoldils I can get my hands on
[08:53] {BillyD} Global Warming
[08:54] {BillyD} just as Al Gore invented internet...GW next
[08:54] {Threei} tulips is too well known, daffodills is next best thing with different name
[08:55] {Threei} when each bulb of my King Alfred is sold for %199.99 you all will stop laughing
[08:57] {cosmo} once it costs only 30c per watt to make solar cells, we rock. Oil stays under ground, where it belongs
[08:58] {cosmo} ... and the economic displacement could be freightening... but, no matter...
[08:58] {BillyD} agree cosmo
[08:59] {BillyD} Realoity Trader saves the world with new policy abroad
[08:59] {cosmo} its an elephant in the room policy
[09:00] {dptl} good morning all
[09:00] {BillyD} dp :)
[09:01] {dino} gm all
[09:01] {Threei} dp, dino :)
[09:02] {Threei} btw, if I am not mistaken, among republican candidates there is one whose views are fairly close to what I blabbed above
[09:02] {Threei} ron paul
[09:03] {Threei} I say it so Raven doesn't slap me for being too deep and way out of my league :)
[09:04] {cosmo} and if he gets popular, he could be in mortal danger...
[09:05] {Raven} sigh
[09:05] {dino} fxp rocking, china must be dropping
[09:05] {dptl} short day today? closed tomorrow and short day friday?
[09:05] {Threei} full day today I believe
[09:05] {Threei} the rest is right
[09:05] {dino} full day, fri. 1:00 close
[09:06] {dino} jrjc down
[09:07] {dino} tsl blood
[09:07] {dptl} hmm on briefing.com it says:
[09:07] {dptl} Nov 21
[09:07] {dptl} Early close for financial futures & option pits at 1 EST
[09:07] {dptl} Nov 21
[09:07] {dptl} JEITA International Broadcast Equipment Exhibition 2007 (Day 3 of 3)
[09:07] {dptl} Nov 22
[09:07] {dptl} Thanksgiving Day: All markets closed
[09:07] {dptl} Nov 22
[09:07] {dptl} ASM International N.V. at Kempen & Co. Benelux Conference
[09:07] {dptl} Nov 22
[09:07] {dptl} Votorantim Celulose e Papel S.A. Analyst Meeting
[09:07] {dptl} Nov 23
[09:07] {dptl} Early close for financial futures & option pits at
[09:08] {Threei} futures & option
[09:08] {Threei} not equitiesa
[09:08] {cosmo} ETFC
[09:09] {cosmo} nearing 4
[09:10] {Threei} Raven just sighed at me... I guess I got away with it
[09:10] {cosmo} nah... that was me
[09:10] {cosmo} i think
[09:10] {esemde} morning RT's
[09:10] {Threei} ese :)
[09:12] {esemde} markets are open...for some reason i thought they would be closed
[09:12] {Raven} double sigh
[09:12] {Threei} closed tomorrow ese
[09:14] {esemde} tks
[09:14] {cosmo} ETFC
[09:14] {cosmo} tests 4
[09:16] {cosmo} wants more...
[09:28] {magoo} MORNING
[09:29] {BillyD} hey...you back
[09:29] {Threei} magoo!
[09:29] {magoo} :)
[09:29] {Threei} hunt is over?
[09:30] {magoo} well, buck/deer/bear concurrent season starts monday
[09:30] {magoo} bear onlone ends today
[09:30] {Threei} fun was had?
[09:30] {magoo} yup..and more coming
[09:30] {Threei} :)
[09:30] {magoo} i stay at hunt camp
[09:31] {magoo} good times:)
[09:31] {magoo} market closes friday 1 p.m for your info
[09:32] {Threei} RIMM sharp spike
[09:33] {dino} too soon imo
[09:34] {dino} really destroyed the dry shippers lately
[09:35] {Roman} CSIQ
[09:35] {Roman} long
[09:35] {BillyD} VVTV
[09:35] {Roman} 1/3 , 14.45 area
[09:43] {Roman} long CRDN
[09:43] {Roman} 1/3 size 42.35
[09:44] {dino} hl l tbsi .44, stop .99
[09:45] {Roman} out CRDN +1.02
[09:45] {BillyD} nice one
[09:46] {Roman} LUNA thin
[09:46] {Roman} QMAR
[09:46] {Roman} bounce play
[09:46] {Roman} with DRYS & EGLE
[09:48] {Roman} out CSIQ -.08
[09:49] {Threei} ZGEN?
[09:52] {BillyD} VVTV trying to set up
[09:53] {esemde} Roman...you and I have been in the same boat with CSIQ...
[09:53] {dino} ocnf l hl .50, stop .09
[09:53] {Roman} yep
[09:54] {Roman} it depends on what NQ does
[09:55] {Roman} long WM
[09:55] {Roman} 17.50 1/2 size
[09:56] {Roman} bouncing a bit with other financials
[09:56] {Roman} it follows C
[09:56] {dino} rimm hl l .97
[09:56] {Roman} CPSL on rdar
[09:57] {esemde} That one is due for a bounce as well
[09:57] {dino} out tbsi .30, +.86
[09:57] {Threei} had news before open
[09:58] {Threei} [08:03] {Threei} CPSL REPORTS Q1 $0.08; R$25.3M V $10.5M Y/Y- China Precision Steel's new cold-rolled mill with 150,000 metric tons of design capacity is operating at 40% utilization. It is expected to reach 50% utilization by the end of calendar year 2007. The Company has plans to commence the construction of a third mill with 150,000 metric tons of capacity in the first quarter of 2008.
[09:58] {Roman} watching EGLE & QMAR to bounce with DRYS
[09:58] {dino} thats what tbsi did rfr
[09:59] {dino} ocnf works w/drys too
[10:00] {Threei} *NOV FINAL UNIV. OF MICHIGAN CONFIDENCE: 76.1 V 75.0E
[10:00] {Threei} *OCT LEADING INDICATORS: -0.5% V -0.3%E
[10:00] {Roman} BUY BUY BUY
[10:01] {Roman} everything see bBUY BUY
[10:01] {Roman} SELL
[10:02] {Roman} out WM
[10:02] {Roman} had 20 cents but did take
[10:03] {Roman} did not take
[10:03] {dino} rimm stopped -.46
[10:04] {Threei} maniac-depressive market still
[10:04] {dino} yeah, ya think
[10:04] {Threei} rarely
[10:05] {Roman} my personal outlook market under pressure until after 2008
[10:05] {Roman} we bounce at end of January
[10:05] {Roman} before that it's ugly
[10:05] {esemde} Ok i'm confused now....whats Roman recommending......Buy Buy...no sell...wait buy ...no Sell Sell yes yes Buy....
[10:05] {Roman} IMO
[10:05] {Roman} ese, i covered both side, in case market goes up BUY if goes down SELL, i am right either way
[10:06] {esemde} just pulling your leg a little.......
[10:06] {Threei} he suggests that it takes a crazy to understand one, ese :)
[10:06] {Raven} sigh ... another "analyst" :)
[10:06] {BillyD} anyone reading ETFC
[10:06] {dino} buy when down, sell when up....and be out by end of day
[10:07] {dino} imo of course
[10:07] {Threei} BRCM
[10:07] {Threei} want to short it
[10:07] {Threei} maybe bounce
[10:07] {Threei} hate to chase here
[10:08] {Threei} and market is so jerky, I would like to wait a bit
[10:08] {esemde} i'm watching ETFC Billy...
[10:08] {esemde} am considering bstop at.87
[10:08] {dino} bidu like the siren song
[10:09] {Threei} PREVIEW: DOE PETROLEUM INVENTORIES DUE AT 10:30AMET
[10:09] {Threei} - Crude: +750Ke
[10:09] {Threei} - Gasoline: +1Me
[10:09] {Threei} - Distillate: -400Ke
[10:09] {Threei} - Utilization: 88.2%e
[10:10] {esemde} sorry Billy thats bstop at .20 am considering
[10:10] {BillyD} ok
[10:11] {dino} gs beat down
[10:11] {esemde} am watching level 2...but don't know what to think ...
[10:12] {esemde} to late missed it as i was typing
[10:14] {esemde} back to watching CSIQ
[10:15] {dino} lol ese
[10:15] {dino} but, i understand what you mean
[10:16] {Threei} BRCM won't bounce with NQ
[10:16] {esemde} inflicting new level of torture on myself to learn patience....
[10:19] {BillyD} thinking ss BRCM Vad if break down
[10:19] {Threei} yeah
[10:19] {dino} sometimes less is more ese
[10:20] {Threei} I'd prefer a bounce entry but there wasn't much of a bounce
[10:20] {esemde} If CSIQ makes it above 14.50 with any level of conviction it should go along way.....but then it's question of finding a proper entry point
[10:20] {BillyD} in .14
[10:20] {dino} wow tsl
[10:21] {esemde} yikes....
[10:21] {esemde} not good for solars
[10:23] {dino} sigm
[10:23] {Threei} good boy BRCM
[10:23] {esemde} weird....it has a buy rating and a $76.00 target from wall street Bank of America Securities
[10:24] {BillyD} cov'd 2/3 here
[10:25] {dino} l hl sigm .38
[10:25] {dino} risky
[10:26] {BillyD} cov'd rest
[10:26] {Threei} wtg
[10:26] {BillyD} ty
[10:27] {Threei} welcome
[10:27] {dino} gj
[10:28] {dino} sigm stop is .97 fwiw
[10:32] {dino} out ocnf .65, +.15
[10:32] {dino} sigm stopped slippage-.48
[10:35] {dino} fast drop
[10:38] {BillyD} Vad...still in BRCM
[10:38] {Threei} half
[10:39] {BillyD} .80 is key from last daily low on 10/23
[10:41] {BillyD} CPSL..didn't trust it enough to try
[10:43] {dino} tbsi hl l .30
[10:53] {Threei} stop to .86 BRCM
[10:53] {Threei} tightening it
[10:54] {Threei} covered BRCM in full
[10:54] {BillyD} nice one
[10:54] {BillyD} watching AMZN for poss short
[10:54] {dino} tbsi stopped -.30
[11:02] {Threei} too soon BRCM eh?
[11:02] {BillyD} it was the .80 area
[11:03] {BillyD} I missed reshorting
[11:05] {BillyD} that was a good spot on your part vad
[11:06] {BillyD} it being a salmon against the NQ upticks
[11:06] {BillyD} initially
[11:06] {Threei} ty
[11:06] {Threei} I have my moments
[11:06] {BillyD} have another one :)
[11:07] {dino} l drys .00, hl risky
[11:13] {_lumdus} So is this the only window i should be watching
[11:13] {esemde} am back...power in the house went out again.....2nd time in 2weeks...I think we have a problem...
[11:13] {Threei} yes lumdus
[11:13] {BillyD} pay your bill ese :)
[11:13] {Threei} or feed hamstews?
[11:13] {Threei} hamsters too
[11:13] {BillyD} lol
[11:14] {dino} welcome to the jungle lumdus
[11:14] {Threei} not the best day to start, pre-holiday trading
[11:14] {Threei} but BRCM was good
[11:15] {dino} c'mon, its been fun
[11:15] {Threei} I will be last one to object :)
[11:17] {Threei} my monitors started acting up, need urgent update of videocard drivers... with my multimonitor setup there is a whole lot of things that could go wrong with that. So if I am not here till 2008, you know what happened
[11:18] {dino} lulu
[11:18] {Threei} stay decent dino...
[11:18] {Threei} need to restart... wait for me please... and pray for me...
[11:19] {Threei} just in case... remember me please...
[11:24] {dino} out drys .24, +.24
[11:25] {dino} too soon, scared me ot
[11:26] {Threei} wow... I am back
[11:26] {Threei} believe it or not...
[11:26] {BillyD} where is Vad?
[11:26] {dino} tbsi l .91
[11:26] {Threei} and who is he
[11:29] {dino} wynn l .90
[11:33] {Threei} CPSL is still moving
[11:33] {Threei} miss of the day for me
[11:33] {Threei} didn't believe in it at all
[11:34] {BillyD} same here
[11:34] {Threei} can I use pre-holiday coma as an excuse?
[11:34] {BillyD} past experience
[11:34] {Threei} {magoo} you could if you weren;'t in coma permanently
[11:35] {BillyD} good enough for me
[11:39] {dino} 3i answering himself i see
[11:39] {Threei} it comes with certain age dino
[11:40] {Threei} since noone wants to talk to you anymore, you start finding consolation in impersonating your counterparts and having quite meaningful conversation
[11:42] {dino} unfortunately, i relate
[11:42] {BillyD} you both are a cure for one another
[11:42] {Threei} lol
[11:42] {dino} i'm not sure about that
[11:43] {BillyD} rflol
[11:43] {BillyD} I tried for you Vad
[11:43] {Threei} in vain I see
[11:43] {dino} out tbsi .74, +.84
[11:43] {dino} .83 i mean
[11:43] {BillyD} nice one dino
[11:43] {dino} ty
[11:44] {esemde} patience or what....eh....CSIQ making another run at 14.50
[11:45] {Threei} IMO, leave it be for now
[11:45] {Threei} its day will come
[11:45] {Threei} but at this point it's just useless piece of junk shaking you our every time you try it
[11:45] {esemde} definately......just throwing that in to lighten the mood....
[11:46] {Threei} RIMM small shares long
[11:47] {Threei} stop under .80
[11:48] {dino} you want to lighten it, toss me a tequilla
[11:48] {Threei} not holding, RIMM
[11:53] {dino} out wynn .23, +.33
[11:54] {dino} brb
[11:54] {magoo} ok, i have to go, just found out 5 yr old daughter has pnuemonia
[11:54] {magoo} good luck to u all
[11:54] {Threei} ouch
[11:54] {Threei} sorry mags
[11:55] {magoo} yeah...contagious too..can't get together w/families tomorrow(not complaining...feel bad for her of course)
[11:59] {dino} selling everthing too soon today
[12:00] {dino} iphs
[12:02] {dino} rally?
[12:03] {dino} iphs missed it
[12:03] {Threei} not sure it can be called rally... it's aimless jerking up and down
[12:03] {dino} ocnf l .43, stop .09
[12:04] {dino} rimm l trig .00 imo
[12:05] {dino} hmmm 3i picking on my insight, :)
[12:05] {Threei} that's how boredom reveals itself in me
[12:06] {Threei} I start picking on people
[12:06] {dino} decent day imo, you too?
[12:06] {Threei} yes, but not active
[12:06] {Threei} very few trades
[12:06] {dino} 8
[12:06] {dino} missed 3
[12:07] {dino} we dropped the ball on tsl
[12:07] {BillyD} if CPSl takes .30 offer may be worth a shot
[12:08] {BillyD} CPSL
[12:10] {BillyD} Vad is RIMM in sync w/ NQ today.....or is it hit or miss
[12:10] {Threei} can't get its rythm today
[12:11] {BillyD} just started watching and it seems to do it's own thing
[12:11] {dino} agree, not w/it today
[12:20] {dino} there goes my rally
[12:21] {dino} ocnf stop to .39
[12:21] {dino} back in 10
[12:22] {BillyD} mini rally
[12:24] {Threei} have a look at my CAST
[12:24] {Threei} attacking again
[12:25] {BillyD} I took it off earlier due to low vol
[12:25] {BillyD} intersting eh
[12:25] {Threei} accumulation
[12:25] {BillyD} yup
[12:26] {BillyD} buy the pb
[12:26] {BillyD} again...all relevant to time frame
[12:38] {dino} back rimm got mojho huh
[12:42] {BillyD} another mini rally
[12:43] {dino} ok, wife stopped in, back after lunch
[12:44] {dino} keep hard stop on ocnf, let it trade. back in 30
[12:54] {BillyD} just got .27 scalp on RIMM ...small shares
[12:54] {Threei} :)
[12:57] {BillyD} wanted more...but what you have vanishes in a blink
[12:58] {BillyD} sheesh
[13:00] {Threei} in attempts to confuse participants market became so confused itself
[13:01] {BillyD} on RIMM...it seems you try and pick best entry....assume .40-.50 stop and just see what happens
[13:14] {BillyD} doing anything Vad
[13:14] {Threei} oh yes
[13:14] {Threei} staring at the wall
[13:14] {Threei} finding a lot of interesting paint patterns
[13:14] {BillyD} sorry to interrupt
[13:15] {Threei} that's OK, you can't do worse than my cat
[13:26] {Threei} total psycho
[13:26] {BillyD} your cat
[13:26] {Threei} no... market
[13:27] {Threei} cat is nice.. just way too 'its own"
[13:50] {dino} ocnf stop to .84
[13:51] {dino} out .85, +.42
[13:51] {Threei} watch CAST doing it again
[13:55] {BillyD} yes
[13:56] {Threei} can you beliewve size of buys?
[13:57] {BillyD} huge
[13:58] {BillyD} stop it
[13:58] {BillyD} save some for little guys
[13:58] {Threei} little guy is me trying to sell it at 8 :)
[13:59] {BillyD} lol
[14:01] {dino} mwiv
[14:02] {dino} wow drys flat
[14:03] {dino} tbsi hl l .59, stop .19
[14:09] {BillyD} Jade creeping up
[14:09] {BillyD} any news Vad
[14:09] {BillyD} I see none
[14:10] {Threei} nope
[14:11] {dino} out tbsi .89, +.30
[14:12] {dino} ohh mannnn
[14:12] {dino} cnqr l .75
[14:23] {BillyD} seems like each stock in a world of its own
[14:24] {Threei} today is very disconneted yes
[14:27] {BillyD} wanted to short Jade but I couldn't find a decent readable entry
[14:38] {dino} rock 'n roll
[14:39] {dino} eicu
[14:41] {Chaeron} market closes at 1PM EST Friday btw :)
[14:46] {dino} darn, missed it, wanted .96
[15:00] {dino} jrjc hl l .31
[15:04] {dino} out cnqr .94, +.19
[15:06] {Threei} last 30 min or so AAPL follows NQ better than RIMM does
[15:07] {BillyD} watching NDAQ
[15:08] {BillyD} doesn't seem to move too much, but nice chart
[15:10] {dino} jrjc stopped .20, -.11
[15:16] {BillyD} Vad...that kid w/ the crayon been everywhere today
[15:16] {Threei} yeah, someone forgot to restrain him
[15:18] {dino} most likely done, good day again, thx for ideas
[15:18] {dino} everybody have a great thursday/thanksgiving off
[15:19] {Threei} tried AAPL couple times, looks treadable
[15:19] {BillyD} u 2 dino
[15:19] {Threei} take care dino, have a great one
[15:19] {dino} u2
[15:19] {dino} nuhc
[15:19] {Chaeron} bye dino... best to you and yours... and magoo too if you see him
[15:20] {dino} ty
[15:20] {dino} u2
[15:21] {dino} man, missed nuhc too
[15:21] {dino} was at .80
[15:22] {dino} ok, thats it, take care
[15:23] {cosmo} ETFC hod = 4.27
[15:23] {cosmo} fwiw
[15:24] {Threei} ZIXI worth keeping eye on after the holiday
[15:25] {BillyD} yes...have it up
[15:26] {BillyD} BRCM seems stalled here
[15:27] {BillyD} ss below .40 or long off .52
[15:27] {BillyD} flip a coin
[15:32] {cosmo} ETFC
[15:45] {Chaeron} See you nice ppl Friday...... May your Thanksgivings be warm and wonderful...
[15:45] {Threei} take care chaeron
[15:45] {BillyD} bye C
[15:46] {Chaeron} bye guys :)
[15:48] {hawkfan4} have a good holiday all
[15:48] {Threei} you too hawk
[15:48] {Threei} thank you all, have a great holiday
[15:48] {hawkfan4} thx vad :)
[15:48] {Threei} see you on Friday
[15:48] {Threei} not sure why
[15:48] {BillyD} bye all.....
[15:48] {Threei} can just as well take a break till Mon :)
[15:48] {BillyD} go for it
[15:52] {dptl} really bad for me today
[15:53] {BillyD} sorry to hear dp
[15:53] {dptl} it's all right....
