RealityTrader Trading Log

Tuesday, June 10, 2008

Jun 10 2008

Session Start: Tue Jun 10 00:00:00 2008


[08:20] {Threei} OPEC SECRETARY GENERAL BADRI: CONFIDENT THAT THERE IS NO SUPPLY SHORTAGE NOW OR IN NEAR FUTURE
[08:20] {Threei} - Appeals for calm over oil price and says the situation is unbearable
[08:20] {Threei} - Unhappy with current oil price and says it has nothing to do with supply and demand
[08:20] {Threei} - Proposed consumer-supplier meeting would specifically address high oil price and supply concern
[08:20] {Threei} - Meeting on oil prices will reach common understanding over prices and supply concerns
[08:20] {Threei} - OPEC may lower 2008 global demand growth forecast by 40K+50K bpd in next oil meeting
[08:20] {Threei} - Adds that OPEC is pumping 32.2M bpd and it is higher than IEA's increased forecast of 31.6M bpd
[08:20] {Threei} - Says high oil price is slowing oil demand, but not as much as IEA forecast suggests
[08:42] {cosmo} Monopoly is not 'just' a board game
[08:44] {magoo} morning
[08:44] {Threei} good morning
[08:46] {peterg} hi
[08:46] {Threei} peter :)
[08:46] {peterg} strassvii!
[08:47] {Threei} if that's a passowrd, we need username too
[08:47] {peterg} rusty Russian greeting
[08:48] {magoo} arte u russian peterg}
[08:48] {peterg} nope--studied it in HS
[08:48] {magoo} g=the great
[08:49] {peterg} Pyotr Velikii--a hero!
[08:49] {Threei} ahha... now I decoded it :)
[08:50] {peterg} xorosho!
[08:50] {peterg} ok day job calls; make $, c u in 2 hours.
[08:58] {Threei} RCH moved to NASDAQ
[08:58] {Threei} new symbol CAEI
[09:00] {fernp} Good morning
[09:00] {Threei} fern :)
[09:00] {kazaam} morning
[09:00] {Threei} kaz :)
[09:09] {magoo} wow..CAEI is up 10 vad {lol}
[09:10] {Threei} yeah :)
[09:10] {Threei} RCH closed at 10.39 yesterday
[09:10] {dino} gm all
[09:10] {Threei} dino :)
[09:11] {dino} amsc, tmx
[09:19] {Threei} keeping eye on OMNI
[09:20] {Threei} US TSY SEC PAULSON SAYS RELATIONS WITH CHINA IS 'NOT MORE PRECARIOUS'
[09:20] {Threei} in case you wondered
[09:20] {esemde} good morning.....
[09:20] {Threei} ese :)
[09:21] {Threei} GOLDMAN'S ABBEY JOSEPH COHEN: SEE A MILD RECESSION AT WORST, AND ITS POSSIBLE WE MAY AVOID HAVING ANY QUARTERS WITH NEGATIVE GDP
[09:22] {Threei} isn't it funny how they try to determine for months whether there is recession or will be, or neither
[09:22] {esemde} She's the one who casued the last one April 2000...
[09:23] {esemde} by inappropriately opening her mouth....600 pt drop or something that day...correct me if i'm wrong Vad
[09:23] {Threei} sorry, I don't remember :)
[09:24] {esemde} "the tech meltdown" or something like that
[09:25] {esemde} ya sure....i've heard that one before}}}}
[09:26] {Threei} and now the word from the top, something no one ever suspected:
[09:26] {Threei} TREASURY'S PAULSON: HIGHER ENERGY COSTS POSE A RISK OF LENGTHENING THE US SLOWDOWN
[09:26] {cosmo} Does he drive}
[09:26] {Threei} yeah but you buy gas
[09:27] {cosmo} that was the next question
[09:27] {esemde} i'm sure it's his limo driver that does.....
[09:29] {cosmo} BPAX
[09:30] {cosmo} 4.7 to test
[09:31] {Threei} QTWW
[09:31] {Threei} AWARDED CONTRACT TO DEVELOP ADVANCED HYBRID VEHICLE POWERTRAINS FOR IISI'S FUTURE STEEL VEHICLE PROGRAM WITH EDAG
[09:32] {Threei} 2.30 long
[09:32] {Threei} .19 stop
[09:34] {Roman} 21 TXCO long
[09:35] {esemde} long AMLN 27.10
[09:35] {esemde} 1/2 lot
[09:35] {Threei} OMNI
[09:35] {Roman} 21 long OMNI
[09:35] {Threei} :)
[09:35] {esemde} out AMLN .37
[09:35] {Roman} 21 i mine VAD
[09:36] {esemde} +.27
[09:36] {esemde} and it's still goin
[09:36] {Threei} wtg ese
[09:36] {Roman} 21 USEG
[09:36] {esemde} another quick one
[09:36] {dino} gj
[09:37] {esemde} tks
[09:38] {Threei} does OMNI look to you as new 52 week highs today Roman}
[09:39] {Roman} 21 not sure if today but it feels good
[09:39] {Roman} 21 i feel good about it
[09:42] {Threei} QTWW no worky
[09:42] {fernp} stopped
[09:42] {Threei} went almost to 1:1 and fizzled
[09:44] {Roman} 21 AAPL releasing new iPhone}
[09:44] {Roman} 21 today}
[09:44] {magoo} yes
[09:45] {magoo} and offering a rebater to upgrade
[09:45] {Threei} LEH is getting killed again
[09:48] {magoo} i got feeling LEH gonna be a teen ager again..not today, but
[09:48] {Threei} bounce into 28 is resonable short attempt then
[09:49] {Roman} 21 FSYS
[09:50] {Threei} just keep it small on LEH
[09:50] {Threei} this is target 1 for PPT I would think
[09:50] {Roman} 21 banks bouncing nicely
[09:53] {Roman} 21 AAPL is a star today}
[09:53] {Threei} feel free to cover LEH
[09:53] {Threei} too vertical
[09:56] {esemde} anybody short LEH today.....
[09:59] {esemde} dino this type of bounce is your type of play isn't it....
[10:00] {esemde} LEH i mean
[10:00] {dino} sm l fwlt .80
[10:01] {esemde} bounced just over a buck
[10:05] {Roman} 21 HK
[10:05] {Roman} 21 bouncer
[10:06] {Roman} 21 in 35.5
[10:07] {Roman} 21 in NCOC
[10:07] {Roman} 21 small
[10:07] {Roman} 21 8.07
[10:10] {Roman} 21 WM long setup
[10:11] {dino} nyx sm l .45
[10:11] {Threei} NCOC nice buying pressure
[10:12] {Threei} some stubborn sellers but seems to be lifting them
[10:12] {dino} fwlt stop to .40
[10:12] {esemde} indeed...are you long ncoc vad
[10:13] {Threei} took some with Roman
[10:13] {Threei} he is too hot to ignore lately
[10:13] {esemde} nice...well done boys
[10:13] {dino} to .50 fwlt
[10:15] {dino} to .64
[10:15] {Chaeron} good morning all
[10:15] {Threei} chaeron :)
[10:16] {dino} chear:)
[10:16] {Roman} 21 out HK +.75
[10:16] {dino} out fwlt .64, +.84
[10:16] {dino} gj rfr
[10:16] {Chaeron} wow... nice grabs
[10:17] {dino} thx
[10:20] {Threei} LARGE FUNNEL CLOUD FORMING JUST OFF FT LAUDERDALE, FL
[10:20] {Threei} run Roman
[10:20] {Roman} 21 wow
[10:20] {Roman} 21 where did u grab this headline
[10:20] {Threei} news feed
[10:21] {Threei} RIMM
[10:21] {Threei} long for bounce as close to .50 as you can get
[10:24] {Threei} QTWW, that wasn't nice of you
[10:26] {Threei} anyone got RIMM}
[10:27] {magoo} missed
[10:28] {Threei} so far action is not as readable today as we had yesterday
[10:31] {Threei} SOLF half lot long for a bounce scalp
[10:31] {Threei} right here
[10:31] {Threei} stop under .70
[10:31] {Threei} OK, no chasing
[10:31] {dino} out nyx .55, +.10 not sure
[10:32] {Threei} if you haven';t gotten .80 - .83, let it be
[10:32] {Threei} jumped
[10:33] {magoo} in
[10:33] {Threei} not a re-entry in returns to original price
[10:33] {Threei} in = if
[10:33] {Threei} what price did you get mags}
[10:34] {magoo} .86
[10:35] {dino} seems gut was right feel
[10:41] {Threei} no worky SOLF
[10:43] {Threei} oil 137
[10:43] {Threei} are we going for new highs today or what
[10:44] {judijim} good morning everyone
[10:45] {Threei} hi jj
[10:46] {Threei} every day you connect I think "argh, jj missed a few good ones"... today I haven't found a nice winner so far, so you being late is OK
[10:47] {magoo} i was thinking same vad
[10:48] {stevefo} good morning, first timer here :-)
[10:48] {Threei} hi steve, welcome
[10:49] {Threei} couldn't you drop by yesterday when we could do no wrong}} :)
[10:49] {magoo} welcome steve
[10:49] {Chaeron} hi steve, glad you're joining us
[10:49] {stevefo} Don't worry, I was doing enough wrong yesterday for all of us ;-)
[10:50] {Chaeron} thanks... we were feeling guilty :)
[10:50] {Threei} yeah right
[10:50] {Threei} :)
[10:53] {esemde} am outta here...Grad day for our high school...se you all tomorrow
[10:53] {Threei} take care ese, see you tomorrow
[10:53] {Chaeron} bye ese
[10:53] {Threei} trying to make up my mind about QTWW
[10:54] {magoo} its a boner
[10:54] {Threei} thing seems to be picking up interest agaibn, and news sounds nice
[10:54] {Threei} but yesterday's selloff looks disgusting
[10:54] {Threei} and the way it reacted on this news today is not very encouraging
[10:54] {Threei} not sure to say honestly
[10:55] {magoo} move on to something easier to read like, say, bidu
06[10:55] * Threei faints
[10:56] {Threei} VVUS had news today
[10:56] {Threei} not huge
[10:57] {Threei} but this spike a few min ago, this is how this stock used to behave when it was under accumulation
[10:57] {Threei} sharp suden spike, retreat, deceptive calm
[10:57] {Threei} new spike
[10:57] {Threei} watching... not jumping in yet
[10:58] {dptl} good morning all
[10:58] {Threei} dp :)
[11:00] {dino} nyx sm l .20 stop .98
[11:01] {Threei} is it me or quotes down}
[11:01] {Chaeron} ok here...
[11:02] {Chaeron} on QuoteServer2
[11:02] {Threei} OK... my connection is flaky last couple days
[11:02] {Threei} big wind storm yesterday
[11:03] {dino} what do you need}
[11:03] {Threei} ty, getting them back slowly
[11:03] {fernp} bad day here. out AN +.11 the very best today
[11:04] {Threei} let's just make sure I am real time: if I post alert, I'll include exact price at the moment, and you make sure stock is where I see it
[11:04] {dino} nyx stopped -.22
[11:04] {Threei} not much works today, fern, quite unlike yesterday or whole last week
[11:04] {dino} feels heavy
[11:05] {fernp} yes. good day yesterday.
[11:06] {Threei} well, you know how to take it
[11:06] {Threei} no one wins every day
[11:06] {magoo} i do
[11:06] {fernp} today still can be better. In two hours soccer Spain - Russia
[11:06] {Threei} losing days here and there are to be expected
[11:06] {Threei} lol
[11:07] {Threei} show me someone who claims he wins every day, I'll show you a liar
[11:07] {magoo} actually, friday broke my recent win strwak at 9
[11:07] {magoo} streak
[11:07] {dino} ccrt blood
[11:07] {Threei} 9 days in a row}
[11:07] {magoo} yeah
[11:07] {dino} 8 for 10 here
[11:07] {magoo} starting over, up yestersay
[11:08] {Threei} what can I say... it's time for a breather :)
[11:09] {Threei} here are two most important things for a losing day, follow them and you will be fine:
[11:09] {Threei} 1. never let it get out of control, keep losses within your usual risk tolerance
[11:09] {Threei} do not try to get revenge
[11:09] {Threei} which is likely to dig deeper hole.
[11:09] {Threei} Simply take setups as they come,
[11:10] {Threei} don't take blind chances
[11:10] {Threei} plug along, decrease your activity, cut down size.
[11:10] {Threei} 2. never let losing day impact your mental state,
[11:10] {Threei} do not dwell on it,
[11:10] {Threei} it tends to create mental monsters
[11:11] {Threei} Simply move on, losing day is normal thing for a ny trader and nothing to beworried about.
[11:12] {Threei} a ny trader is not "a new york trader" btw... it's simply "any trader" {G}
[11:12] {Chaeron} funny how that came out...
[11:14] {magoo} yeah..i was reading new york into that
[11:15] {Threei} that's normal... disturbing part is, I understand how you read it...
[11:15] {dino} esrx sm l .50
[11:16] {magoo} l aapl here .84
[11:29] {kazaam} slow.....
[11:30] {Threei} very
[11:30] {magoo} aapl stopped btw
[11:32] {dino} fstr l sm .70
[11:34] {Threei} LEH half lot short 27.10 if stays below .30
[11:38] {Threei} invalidated
[11:39] {Threei} SNCR
[11:39] {Threei} WILL CONTINUE AT&T RELATIONSHIP FOR IPHONES, BUT WILL NOT PARTICIPATE IN ONSITE 3G IPHONE ACTIVATIONS - FILING
[11:40] {dino} cenx blood
[11:43] {magoo} market feels like it wants up 100 to me...just a feel
[11:43] {magoo} kill the shorts{again}
[11:43] {Threei} funny... I just thought it starts feeling like rally out of nowhere
[11:44] {magoo} we thinking a like}
[11:44] {Threei} very disturbing
[11:44] {magoo} my thoughts exactly
[11:44] {Threei} what's with FEED}
[11:44] {magoo} UUHGGG
[11:44] {magoo} same thought again
[11:44] {Threei} offers suddenly disappeared for 20-30 cents up
[11:45] {Threei} then returned
[11:45] {Threei} VVUS again
[11:45] {Threei} see this spike similar to what I described}
[11:46] {dino} nue l .95
[11:46] {kazaam} hah, stepped into the bathroom for 1 minute and ZOOM goes the market
[11:46] {kazaam} you guys were getting the psychic itch}
[11:47] {Threei} no kidding
[11:47] {Threei} i see no news VVUS
[11:47] {magoo} kaz, u need a dino invention
[11:48] {magoo} traders bathroom chair
[11:49] {kazaam} awww yes a curse and a blessing
[11:50] {magoo} 5 paymts of 29.99 @ dino.com
[11:52] {Threei} OK, that was a great intuition on our part magoo... now, if we saw the way to benefit too, would be even better, lol
[11:52] {dino} esrx stopped -.34
[11:54] {dino} lol
[11:54] {Threei} so... what the heck was that
[11:54] {Threei} PPT intervention}
[11:55] {Threei} trainee at major bank leaned on a wrong button}
[11:56] {Threei} US SENATE REPUBLICANS BLOCK PROPOSED WINDFALL OIL TAX
[11:57] {dino} mhld
[11:57] {dino} a bit of a spread
[11:58] {magoo} long 10
[11:58] {magoo} NOT
[12:03] {Threei} EIA RAISING OPEC OUTPUT FORECAST TO 32.71M BPD FROM 32.25M BPD
[12:07] {Threei} 7.50 break long VVUS if holding above .40
[12:07] {Threei} .45 right now, right}
[12:07] {magoo} yes
[12:08] {dino} nue stopped
[12:08] {dino} -.45
[12:08] {magoo} in
[12:08] {Threei} what's with CRDC}
[12:09] {Threei} overall, what's going on everywhere}
[12:10] {magoo} i confused
[12:10] {dino} agnc
[12:10] {hawkfan4} 10-Jun-08 08:20 ET In Play Cardica: Lazard says to buy before data; expect device exceeds hand-suturing patency rates; increasing visibility among cardiac surgeons (7.23 )
[12:11] {Threei} thank you
[12:11] {dino} some strange moves today
[12:11] {Threei} very
[12:11] {Threei} and my connection is flaky, quotes reload all the time
[12:11] {Threei} so I am not syure which moves are real and which are just my bad connection
[12:13] {Threei} CFTC LAUNCHES INTERAGENCY TASKFORCE TO EVALUATE COMMODITY MARKETS
[12:14] {magoo} powering up
[12:14] {dino} fwlt sm l .73
[12:17] {dptl} stopped vvus
[12:17] {Threei} it's under .40}
[12:17] {Threei} I still have .43 x .44
[12:18] * Disconnected

[12:25] * Rejoined channel #discussions
[12:26] {Threei} argh
[12:26] {Threei} am I back}
[12:26] {Threei} not much works today, fern, quite unlike yesterday or whole last week
[12:26] {dino} feels heavy
[12:26] {fernp} yes. good day yesterday.
[12:26] {Threei} well, you know how to take it
[12:26] {Threei} no one wins every day
[12:26] {magoo} i do
[12:26] {fernp} today still can be better. In two hours soccer Spain - Russia
[12:26] {Threei} losing days here and there are to be expected
[12:26] {Threei} lol
[12:26] {Threei} show me someone who claims he wins every day, I'll show you a liar
[12:26] {magoo} actually, friday broke my recent win strwak at 9
[12:26] {magoo} streak
[12:26] {dino} ccrt blood
[12:26] {Threei} 9 days in a row}
[12:26] {magoo} yeah
[12:26] {dino} 8 for 10 here
[12:26] {magoo} starting over, up yestersay
[12:26] {Threei} what can I say... it's time for a breather :)
[12:26] {Threei} here are two most important things for a losing day, follow them and you will be fine:
[12:26] {Threei} 1. never let it get out of control, keep losses within your usual risk tolerance
[12:26] {Threei} do not try to get revenge
[12:26] {Threei} which is likely to dig deeper hole.
[12:26] {Threei} Simply take setups as they come,
[12:26] {Threei} don't take blind chances
[12:26] {Threei} plug along, decrease your activity, cut down size.
[12:26] {Threei} 2. never let losing day impact your mental state,
[12:26] {Threei} do not dwell on it,
[12:26] {Threei} it tends to create mental monsters
[12:26] {Threei} Simply move on, losing day is normal thing for a ny trader and nothing to beworried about.
[12:26] {Threei} a ny trader is not ""a new york trader"" btw... it's simply ""any trader"" {G}
[12:26] {Chaeron} funny how that came out...
[12:26] {magoo} yeah..i was reading new york into that
[12:26] {Threei} that's normal... disturbing part is, I understand how you read it...
[12:26] {dino} esrx sm l .50
[12:26] {magoo} l aapl here .84
[12:26] {kazaam} slow.....
[12:26] {Threei} very
[12:26] {magoo} aapl stopped btw
[12:26] {dino} fstr l sm .70
[12:26] {Threei} LEH half lot short 27.10 if stays below .30
[12:26] {Threei} invalidated
[12:26] {Threei} SNCR
[12:26] {Threei} WILL CONTINUE AT&T RELATIONSHIP FOR IPHONES, BUT WILL NOT PARTICIPATE IN ONSITE 3G IPHONE ACTIVATIONS - FILING
[12:26] {dino} cenx blood
[12:26] {magoo} market feels like it wants up 100 to me...just a feel
[12:26] {magoo} kill the shorts{again}
[12:26] {Threei} funny... I just thought it starts feeling like rally out of nowhere
[12:26] {magoo} we thinking a like}
[12:26] {Threei} very disturbing
[12:26] {magoo} my thoughts exactly
[12:26] {Threei} what's with FEED}
[12:26] {magoo} UUHGGG
[12:26] {magoo} same thought again
[12:26] {Threei} offers suddenly disappeared for 20-30 cents up
[12:26] {Threei} then returned
[12:26] {Threei} VVUS again
[12:26] {Threei} see this spike similar to what I described}
[12:26] {dino} nue l .95
[12:26] {kazaam} hah, stepped into the bathroom for 1 minute and ZOOM goes the market
[12:26] {kazaam} you guys were getting the psychic itch}
[12:26] {Threei} no kidding
[12:26] {Threei} i see no news VVUS
[12:26] {magoo} kaz, u need a dino invention
[12:26] {magoo} traders bathroom chair
[12:26] {kazaam} awww yes a curse and a blessing
[12:26] {magoo} 5 paymts of 29.99 @ dino.com
[12:26] {Threei} OK, that was a great intuition on our part magoo... now, if we saw the way to benefit too, would be even better, lol
[12:26] {dino} esrx stopped -.34
[12:26] {dino} lol
[12:26] {Threei} so... what the heck was that
[12:26] {Threei} PPT intervention}
[12:26] {Threei} trainee at major bank leaned on a wrong button}
[12:26] {Threei} US SENATE REPUBLICANS BLOCK PROPOSED WINDFALL OIL TAX
[12:26] {dino} mhld
[12:26] {dino} a bit of a spread
[12:26] {magoo} long 10
[12:26] {magoo} NOT
[12:26] {Threei} EIA RAISING OPEC OUTPUT FORECAST TO 32.71M BPD FROM 32.25M BPD
[12:26] {Threei} 7.50 break long VVUS if holding above .40
[12:26] {Threei} .45 right now, right}
[12:26] {magoo} yes
[12:26] {dino} nue stopped
[12:26] {dino} -.45
[12:26] {magoo} in
[12:26] {Threei} what's with CRDC}
[12:26] {Threei} overall, what's going on everywhere}
[12:26] {magoo} i confused
[12:26] {dino} agnc
[12:26] {hawkfan4} 10-Jun-08 08:20 ET In Play Cardica: Lazard says to buy before data; expect device exceeds hand-suturing patency rates; increasing visibility among cardiac surgeons (7.23 )
[12:26] {Threei} thank you
[12:26] {dino} some strange moves today
[12:26] {Threei} very
[12:26] {Threei} and my connection is flaky, quotes reload all the time
[12:26] {Threei} so I am not syure which moves are real and which are just my bad connection
[12:26] {Threei} CFTC LAUNCHES INTERAGENCY TASKFORCE TO EVALUATE COMMODITY MARKETS
[12:26] {magoo} powering up
[12:26] {dino} fwlt sm l .73
[12:26] {dptl} stopped vvus
[12:26] {dino} going for hod's
[12:26] {magoo} stopped VVUS .29
[12:26] {Threei} am I back}
[12:26] {dptl} yep
[12:26] {magoo} no
[12:28] {Threei} SAUDI ARABIA SETS JUNE 22 DATE FOR MEETING BETWEEN OIL CONSUMER/PRODUCER COUNTRIES - UNCONFIRMED REPORT
[12:33] {magoo} l rimm .90
[12:36] {magoo} out hee .39
[12:38] {Threei} VSCI interesting
[12:38] {Threei} broke major resistance at 6
[12:41] {dino} out fwlt .03 +.30
[12:47] {kazaam} nice dino
[12:49] {Threei} 8.50 very risky long trigger CRDC
[12:50] {Threei} UAE OIL MINISTER NOTES INVENTORY LEVELS ARE" HUGE" AND REITERATES THERE IS NO SHORTAGE IN WORLD OIL MARKETS
[12:50] {Threei} - says would be happy to participate in the supplier/consumer meeting announced by Saudi
[12:51] {Threei} FSLR
[12:51] {Threei} HEARING VAGUE CHATTER CONCERNING POSSIBLE COLLABORATION WITH GE UNIT
[12:55] {dino} ty kazaam
[12:55] {dino} brb
[12:57] {magoo} that news a month ago would have shot fslr up 25 points
[12:58] {Threei} with oil dropping, hard to expect solar to jump I guess
[13:00] {kazaam} i lost my oil futures charts last month, can anybody suggest an oil index/etf or something that mirrors oil}
[13:00] {Threei} USO
[13:00] {kazaam} thanks
[13:02] {Threei} half out CRDC .72
[13:03] {Threei} trying for .90 with other half
[13:06] {hawkfan4} FSLR trying to pull the solars up
[13:08] {dptl} half out .84 crdc
[13:08] {Threei} :)
[13:08] {dptl} offering .97
[13:08] {Threei} finally something worked for real eh}
[13:08] {dptl} :)
[13:09] {Threei} perseverance does it
[13:09] {Threei} SOLF and JASO followed FSLR
[13:10] {Threei} 100 out .90 CRDC
[13:10] {hawkfan4} 1/2 out crdc .84
[13:10] {Threei} 400 left
[13:10] {Threei} ok, out .88
[13:10] {Threei} whew
[13:10] {Threei} that was worth the wait
[13:10] {Threei} got back all previous stops
[13:11] {Threei} and then some
[13:11] {dptl} out fre+.50
[13:11] {hawkfan4} out rest .90, thx vad, nice one
[13:11] {Threei} welcome sir
[13:11] {Threei} NQ sharp spike
[13:12] {Threei} CFTC COMMISSIONER: MUST FULLY INVESTIGATE THE RECENT RISE IN ENERGY PRICES
[13:12] {Threei} USO dropping like there is no tomorrow
[13:12] {Threei} (hopefully there isn't for it)
[13:13] {dptl} lol 5c come on
[13:13] {Threei} someone's getting greeeeeedy
[13:13] {dptl} :)
[13:14] {dptl} 500 left
[13:14] {dino} spike up dji
[13:15] {Threei} OPEC SEC. GENEARL CONFIRMS JUNE 22ND MEETING IN JEDDAH BETWEEN SUPPLIERS AND PRODUCERS
[13:15] {Threei} this starts looking like concerted effort to bring oil prices down
[13:15] {Threei} will it work}
[13:16] {Threei} there you go dp
[13:16] {dptl} 2c
[13:16] {Threei} will happen in a few seconds
[13:16] {Threei} will probably overshoot 9 by a bit before retreating
[13:16] {dptl} only one at .97
[13:18] {Threei} wow
[13:18] {Threei} that's one serious offer by UBSS
[13:18] {dptl} whew..out in full...ty:)
[13:18] {Threei} welcome dp
[13:18] {Threei} good to see you guys having faith in me after rough start
[13:18] {dptl} back to green:)
[13:19] {Threei} and, as it well known, it's not easy being green
[13:19] {dptl} today yes....
[13:19] {Threei} OK... cultural references get lost on dp :)
[13:19] {dptl} lol...litle slow...was working all night
[13:21] {magoo} greenm here boss
[13:21] {Threei} :)
[13:22] {Threei} look at little brave CRDC
[13:22] {Threei} trying to chew through that offer
[13:23] {Threei} couldn't help myself and scalped break
[13:23] {Threei} lol
[13:23] {Threei} 9 cents on 2K
[13:30] {Chaeron} ok I'm back and see I missed a goodie........
[13:30] {Threei} and couple lamies
[13:31] {Threei} but lamies were small
[13:31] {Threei} while goodie was relatively nice size
[13:31] {Threei} which is essence of a well-structured trading
[13:32] {Threei} oil 133}
[13:32] {hawkfan4} 131.70
[13:33] {Threei} sheesh
[13:33] {Threei} thank you
[13:33] {Threei} I am in abyss of misinformation today
[13:33] {hawkfan4} -2.66
[13:33] {Threei} it's not pretty let me tell you
[13:34] {magoo} sh aapl
[13:34] {magoo} ,35
[13:35] {Threei} do you guys have this feeling in your stomach that today's market is infested with very big fish
[13:35] {Threei} great whites all over
[13:35] {Threei} circling
[13:35] {dino} no, seems thin and clunky
[13:35] {Threei} CRDC not done yet
[13:35] {kazaam} very thin and clunky feeling
[13:35] {Threei} thin, yes
[13:36] {Threei} but driven by forces beyond comprehension
[13:36] {Threei} power that be itself
[13:37] {kazaam} is volume low today}
[13:37] {Threei} so far, roughly half of yesterdays
[13:38] {Threei} unless my quotes lie again
[13:44] {Chaeron} .
[13:48] {Threei} MORGAN STANLEY GLOBAL HEAD OF RATE STRATEGY: SEES FED UNLIKELY TO RAISE RATES UNTIL MID 2009
[13:52] {dino} fwlt l .40
[13:53] {Threei} SQNM .21 long, just a scalp
[13:54] {Threei} .15 support
[14:00] {Threei} invalidated
[14:03] {magoo} 2 p.m ritual selloff
[14:03] {kazaam} slow as hell though
[14:07] {dino} stopped fwlt -.30
[14:12] {Threei} SPENDINGPULSE: US WEEKLY GASOLINE DEMAND -3.8% Y/Y, +0.5% FROM WEEK AGO
[14:12] {Threei} - 4 week gasoline use -5.2% y/y
[14:13] {Threei} chaeron, get that Hammer off a driveway
[14:13] {Chaeron} Hummer} not me... I have a small car... 2 seater
[14:14] {Threei} with jets}
[14:14] {Threei} or propellers}
[14:14] {Chaeron} not a flying car... I thought when I was a kid we'd have by now, but sadly, no
[14:16] {kazaam} flying cars soon
[14:16] {dino} was that like 100 years ago}
[14:16] {kazaam} apple will get around to it
[14:17] {Threei} as a giveaway if you buy IPod}
[14:18] {kazaam} what a promotion that would be
[14:19] {Threei} OK, nobosy eats raw tomatoes
[14:19] {Threei} FDA EXPANDS SALMONELLOSIS WARNING ON RED TOMATOES NATIONWIDE
[14:21] {dino} nue l sm .50
[14:25] {Chaeron} SQNM }
[14:26] {Threei} not sure
[14:26] {Threei} would prefer tighter stop
[14:26] {Chaeron} than .15}
[14:26] {Threei} as it is now, stop would have to be under .10
[14:29] {kazaam} on the stocks you trade in this room, what would you say the maximum size you could trade and get filled at would be} 2k and below}
[14:29] {dptl} out nue +.20 ty Dino
[14:30] {Threei} varies kaz
[14:30] {Threei} you can do 5K on some, 200-300 on others
[14:30] {Threei} there is no average, it depends on how thick stock is
[14:31] {dino} gj dp
[14:32] {dptl} you still in }
[14:32] {dino} yes, being greedy
[14:34] {dptl} here we go
[14:36] {Threei} nice one
[14:36] {dptl} nice
[14:36] {dino} cenx is sort of leading it
[14:37] {Threei} GW got an offer at 9
[14:38] {Threei} why is it trading higher
[14:38] {Threei} by inertia} :)
[14:39] {fernp} Grey Wolf announces receipt of unsolicited proposal from Precision Drilling Trust for $9/share
[14:49] {Threei} WHITE HOUSE: US TO PARTICIPATE IN SAUDI ARABIAN MEETING OF CONSUMERS AND PRODUCERS IN JEDDAH
[14:51] {Threei} taking 10 min break, then will try to pick something for the last hour
[14:53] {magoo} .
[14:54] {kazaam} so much chop in the index futures
[14:57] {dino} nue stop to .40
[14:57] {dino} out +.90
[14:57] {dptl} nice
[14:58] {dino} ty
[14:59] {magoo} nice
[14:59] {peterg} @#%$too much office work, can't pay attenttion here!
[15:00] {dino} lol
[15:02] {Threei} IGTE
[15:03] {Threei} 9 break for a scalp
[15:12] {dptl} another +.20 nue
[15:12] {dptl} ty Dino once again
[15:13] {dino} matk l .80
[15:13] {dino} np, gj
[15:15] {Chaeron} eftb
[15:16] {Chaeron} sorry... any news}}}
[15:17] {Threei} news feed doesn't even have this symbol
[15:17] {Chaeron} was just at 4.25
[15:17] {Threei} not getting level 2 on it
[15:17] {Chaeron} shoot... sorry... BB
[15:17] {Threei} ah
[15:17] {Chaeron} pos
[15:18] {Threei} CRDC
[15:18] {Threei} mama mia
[15:18] {Chaeron} sigh
[15:18] {dptl} :)
[15:21] {Threei} OFHEO: RULE ADJUSTMENTS BOOST CAPITAL REQUIREMENTS FOR FNM, FRE
[15:22] {Threei} if takes 9.50 should have another 20-30 cents in it at least
[15:22] {Threei} risky as hell
[15:23] {magoo} u gonna}
[15:23] {Threei} I guess
[15:24] {Threei} holding well on selling, returns to highs... all the markings of a runner
[15:25] {Threei} here come momo
[15:25] {Chaeron} I'm in
[15:25] {Chaeron} .50
[15:25] {Threei} (hopefully)
[15:25] {magoo} in
[15:25] {kazaam} hehe, that play is not for the timid
[15:26] {magoo} lets break that curse together charbroil
[15:26] {Threei} no kaz
[15:26] {Chaeron} looking for just that
[15:26] {Threei} not for faint heart
[15:26] {dptl} ye i pass
[15:26] {Threei} momos are always risky
[15:26] {Chaeron} today is a good day to die
[15:26] {dptl} (trailing my profits)
[15:26] {dino} indeed worf
[15:27] {Threei} cool... magoo will help you with that if you jinx this one :)
[15:27] {dino} gj dp
[15:27] {dino} and the day's not over yet
[15:27] {Chaeron} kick this pig, will ya}
[15:27] {dptl} :)
[15:28] {cosmo} ASYS hod= 10.80 fwiw
[15:29] {cosmo} ...was
[15:30] {Threei} ok CRDC... enough games, break and go
[15:31] {fernp} where do you have the stop} 9.35}
[15:31] {Chaeron} dang... had problems with quotes and in CRDC... had to reload... fun... :) better than a thrill ride :)
[15:31] {Threei} under .30
[15:32] {Threei} with my connection problems today took just half lot
[15:32] {magoo} not looking good
[15:32] {Threei} INET at .44 is irritating
[15:33] {magoo} any read AAPL boss}feels like 187
[15:33] {Threei} not really, market is too jerky today for me to play AAPL
[15:33] {dino} out matk .92 +.12
[15:35] {Threei} hold CRDC, hold
[15:36] {Threei} SOLF
[15:36] {Threei} CITIGROUP DISCLOSES PASSIVE STAKE RAISED TO 9.4% FROM 2% - FILING
[15:36] {dino} glre
[15:37] {Threei} OK... stopped
[15:37] {magoo} freakin curse continues
[15:38] {Threei} worst thing is, it doesn't look done
[15:39] {magoo} if not..nasty rinse
[15:39] {Threei} as most momos do
[15:39] {Chaeron} I used the double top as support from 13:30 and 14:00 for stop with wiggle-ability... risky requires more room
[15:39] {dptl} it's just a matter of right entry ..imo
[15:40] {Threei} IGTE is not likely to trigger today but worth keeping on radar tomorrow
[15:40] {Threei} daily is promising on it
[15:42] {fernp} vad another bad news: Spain 4 - Russia 1 (eurocup 2008)
[15:42] {dptl} damn
[15:42] {Threei} this I can take fern :)
[15:43] {Chaeron} that a final} 4-1}
[15:43] {fernp} yes
[15:43] {Chaeron} thx
[15:44] {dptl} they were all drunk
[15:44] {Threei} then it's a miracle that they lost
[15:44] {dptl} lol..pretty much
[15:44] {fernp} lol
[15:44] {Chaeron} roflol
[15:45] {Threei} MER
[15:45] {Threei} CEO SAYS HAVE NOT USED FED LENDING FACILITY
[15:46] {dino} yeah, just like leh wasn't raising capital
[15:46] {judijim} bye for today, be back tomorrow
[15:47] {Threei} or BSC had no liquidity problem
[15:47] {Threei} take care jj
[15:47] {magoo} bye j&J
[15:47] {Chaeron} bye jj
[15:50] {Threei} I swear frikin thing will break and go higher, lol
[15:51] {magoo} back in
[15:51] {magoo} momo comith
[15:51] {magoo} .50
[15:52] {magoo} small\
[15:52] {Chaeron} I'm still in there with you mag... we have 8 min
[15:52] {dino} damn, forgot open order, just filled s glre sm .83
[15:52] {Threei} sheesh... he just won't give up magoo
[15:52] {Threei} wow dino
[15:53] {Chaeron} who me}
[15:53] {Threei} yes :)
[15:53] {magoo} lets put that curse to bed char
06[15:53] * Threei kicks CRDC in the rear real hard
[15:54] {Chaeron} do we see .85}
[15:54] {dino} oh well, hard stop .02
[15:54] {Threei} let's see .70 first
[15:55] {kazaam} alright, adios everybody, good luck CRDC
[15:55] {Threei} tke care kaz
[15:56] {dino} cya kaz
[15:56] {fernp} adios kaz
[15:56] {Threei} I am out .74 on my reentry
[15:56] {hawkfan4} out .74, nice
[15:56] {Threei} what a day
[15:56] {dptl} gj guys:)
[15:56] {dino} glre bstop to .79
[15:56] {Threei} ewas so sure this time that took full lot
[15:57] {dino} stopped +.04
[15:58] {dino} btfg nonsense
[15:59] {fernp} see you tomorrow. Thanks to all
[15:59] {Threei} thank you all
[15:59] {Threei} that was very unusdual day
[15:59] {Threei} not easy by any means
[15:59] {Threei} but ended profitably
[15:59] {dptl} have a good evening all...and ty...:)
[15:59] {magoo} out .78 YEAH
[15:59] {Chaeron} out at .74 +0.24....
[15:59] {Threei} take care guys, see you all tomorrow
[15:59] {dino} gj
[15:59] {Chaeron} IT'S BROKEN MAGS
[16:00] {magoo} YES CHASR
[16:01] {Threei} And thus, the Great Curse of Chaeron's was broken, forever and ever
[16:02] {magoo} every thing will change vad
[16:02] {dino} and he lived happily ever after
[16:04] {Threei} and speaking of curses... what a first day for stevefo :)
[16:04] {Threei} really, been a serious while since we had such wierd day
[16:05] {Threei} OK, left... CRDC can go to 15 without me for all I care
[16:05] {magoo} steve do ok}
[16:05] {Threei} btw mags
[16:05] {Threei} before I left
[16:05] {magoo} OY
[16:06] {Threei} CRDC is to keep an eye at for tomorrow, this kind of momo often has continuation
[16:06] {magoo} agree
[16:06] {magoo} smart buyiong into bell
[16:06] {Threei} and now, what you expceted:
06[16:06] * Threei slaps magoo around a bit with a large trout
[16:06] {magoo} YESSSSSSSSSSSS
[16:06] {magoo} my day cmpletes
[16:09] {stevefo} enjoyed it guys! I'm doing a lot more watching than "doing"--but I'd rather walk and then (hopefully) run. Really appreciate what you have going here!
[16:10] {dino} gl steve
[16:13] {dino} gn all