RealityTrader Trading Log

Wednesday, July 30, 2008

Jul 30 2008

Session Time: Wed Jul 30 00:00:00 2008
[08:30] {Threei} [CPST] Capstone Turbine Corp Receives order from HelioFocus for solar-powered microturbine
[08:30] {Threei} - Company will modify its C65 MicroTurbine to operate on solar energy.
[08:32] {hawkfan4} good morning
[08:32] {Threei} Good morning
[08:36] {Threei} HOKU
[08:36] {Threei} SIGN $298M POLYSILICON SUPPLY CONTRACT WITH JIANGXI KINKO
[08:36] {Threei} - Company will deliver solar-grade polysilicon to Kinko Energy over a ten-year period beginning in late-2009.
[08:36] {Threei} - Up to approximately $298M 2may be payable to Hoku during the ten-year period, subject to product deliveries and other conditions. The take-or-pay contract provides for the delivery of predetermined volumes of polysilicon each year, with the first shipment in the second half of 2009 and the remainder over a ten-year period at set prices that will decline throughout the term of the agreement.
[08:36] {Threei} - Under the agreement, Hoku will grant to Kinko Energy a security interest in its polysilicon assets to secure Hoku's obligation to repay $55 million to Kinko Energy as a credit against product shipments over time.
[08:38] {Threei} 07/30/08 08:30am
[08:38] {Threei} [SPIR] Spire Corp Spire Enters Multi-Year Contract with Trina Solar
[08:38] {Threei} - Companies today announced that it has entered into a multi-year, multi-system contract to provide key module line equipment to Trina Solar Limited of the People's Republic of China.
[08:38] {Threei} - Spire will provide Trina Solar with multiple Spi-Sun Simulator 4600 Single Long Pulse (4600 SLP) systems.
[08:38] {Threei} did all solars wait till today to publish news just before FSLR earnings, for double whammy effect?
[08:39] {hawkfan4} sure seems like it. have my eye on JASO. i held UAUA overnight. sold 1/2 +.50
[08:40] {Threei} nice
[08:40] {Threei} gutsy too
[08:41] {hawkfan4} yeah, a little nuts, but lucky
[08:42] {peterg} gm-back to the future with solare, eh?
[08:42] {peterg} solar
[08:42] {Threei} yeah, sspunds like another round with them
[08:42] {Threei} hi peter
[08:47] {magoo} morning
[08:49] {magoo} dsam ELN..after bell i had it short 35.85 and cobvered 34 even..look here....21
[08:51] {cosmo} here comes the sun...?
[08:52] {Threei} magoo, cosmo :)
[09:03] {fernp} Good morning
[09:07] {tomg} gm all
[09:07] {Threei} fern, tom :)
[09:07] {magoo} vad, any news rumors FSLR to beat street?
[09:08] {cosmo} RFMD tests @ 3.33
[09:08] {Threei} 07/29/08 02:37pm [FSLR] Update: solar stocks trading at new highs for the session again after Tomas Weisel makes positve comments about outlook for the rest of the year
[09:13] {magoo} ty
[09:15] {magoo} grmn pummeled vad
[09:15] {Threei} 07:01am [GRMN] Reports Q2 $0.93 v $1.00e; R $911.7 v $956.4Memore.. - Guides FY08 EPS $3.90 v $4.00e; R $3.9B v $4.2Be - Q2 Gross margin 45.8% v 48.2% in Q108 and 50.5% in Q207 (related: TOM2.NV )
[09:18] {cosmo} RFMD tests @ 3.33
[09:19] {cosmo} ... at some point
[09:19] {cosmo} needs to hold 3.20
[09:20] {cosmo} imo
[09:20] {magoo} man, cnbc commentors down right giddy over market today..as in "alls well"
[09:20] {Threei} all isn't?
[09:20] {magoo} just buy and hold..lets DO IT
[09:20] {Threei} and never try to time the market
[09:20] {Threei} leave it to pros
[09:21] {Threei} diversify
[09:21] {Threei} in a long run it always goes up
[09:21] {Threei} any more cliche I missed?
[09:21] {cosmo} even real estate?
[09:22] {Threei} but of course... 10 years from now it'll all be fine
[09:27] {Threei} FNM has a habit of sharp selloff on the open
[09:27] {Threei} worth watching for the bounce
[09:28] {Threei} usually selloff is quite deep, so don't jump on a first pause
[09:29] {Threei} SOLF is not very far from yesterday's close
[09:30] {Threei} high was 14.49
[09:30] {Threei} so if sector moves it's a good candidate
[09:32] {Threei} FNM, nice pullbeck, eh?
[09:32] {Threei} FSLR pullback weights on solars
[09:32] {esemde} morning
[09:32] {Threei} CSIQ, LDK, SOLF
[09:32] {Threei} ese :)
[09:34] {Threei} SOLF .55 long if stays above .40
[09:35] {Threei} but watch FSLR for confirmation
[09:35] {Threei} need its help
[09:36] {magoo} need restart comp
[09:37] {Threei} FNM
[09:37] {Threei} MAY SERIOUS DELINQUENCY MORTGAGE RATE INCREASED TO 1.3%
[09:37] {Threei} see how FSLR continuing seling kept SOLF from break?
[09:40] {esemde} STAR either long at .50 or 14.01
[09:41] {Threei} LDK hald lot long .80 break, stop under .55
[09:41] {Threei} half
[09:43] {Threei} half out
[09:44] {Threei} stop to .75 and let it trade
[09:44] {esemde} missed .50
[09:52] {Threei} FNM .61 long
[09:52] {Threei} .49 stop
[09:52] {esemde} long VPhm .82
[09:52] {esemde} 1/2 lot
[09:53] {Threei} look for deeper pullback now FNM
[09:53] {Threei} if comes closer to 12 or a bit under will be better bounce candidate
[09:57] {Threei} out balance LDK
[09:57] {magoo} beauty vad
[09:57] {Threei} hmmm... thank you... I guess
[10:00] {magoo} why guess?
[10:01] {Threei} I am highly suspsicious about males complimenting my appearance {G}
[10:01] {magoo} :)
[10:06] {esemde} bstop ALXN 90.50 1/3 lot
[10:09] {Threei} AMMD .41 long half lot
[10:09] {Threei} if stays above .20
[10:11] {Threei} JASO
[10:11] {Threei} .26 long
[10:11] {esemde} removed bstop ALXN
[10:11] {Threei} .14 stop
[10:12] {peterg} Jaso at .24
[10:12] {magoo} me too
[10:14] {Threei} offering half .41
[10:14] {magoo} .48 here
[10:16] {Threei} half out
[10:16] {Threei} stop to .19
[10:17] {peterg} out at .45, + .21
[10:17] {esemde} well done all...wish i could say the same about my trading these days....no more holidays for me!
[10:17] {peterg} thks for JASO
[10:18] {Threei} welcome peter
[10:18] {Threei} dino said a few times too ese
[10:18] {Threei} that he has a bit of a rought itme right after vacations
[10:18] {esemde} I can see why.....
[10:19] {esemde} patterns seem to be right must be something in volume i'm missing
[10:19] {Threei} summer...
[10:19] {esemde} true eh!!!
[10:19] {Threei} less crowds - less pattern following
[10:19] {esemde} that was a canadian yea
[10:23] {esemde} out VPHM .82
[10:23] {magoo} so far..overall solarsa disappointmt today
[10:24] {magoo} see...mkt always fools u
[10:24] {esemde} +.00 not moving the way i thought ....NEXT}}}!!!!!!
[10:25] {Threei} how did it fools us?
[10:25] {Threei} fool
[10:25] {Threei} we made an assumption
[10:25] {Threei} checked it out
[10:25] {Threei} it worked somewhat lukewarmly
[10:25] {Threei} no real run but activity was there, enough for two winning trades
[10:26] {magoo} ok
[10:27] {esemde} SINA
[10:27] {Threei} I understand that being focused on my beauty you pay less attention to my brain... but come on, I call two winners and you say I am fooled? :)
[10:28] {magoo} no..not u fooled..i meant we even said last night maybe solars today...mkt sets us up and kind of "kind of " disappoints
[10:28] {esemde} breauty is only skin deep VAD....mags loves you for whats inside....
[10:28] {Threei} lol
[10:28] {Threei} what I got myself into...
[10:30] {peterg} _-=?/\/\/\/\/\/\/\[{[{}]]]]-----!
[10:30] {peterg} only magoo can read this
[10:30] {Threei} I share the sentiment peter
[10:31] {magoo} i see peter using magoocode
[10:31] {peterg} privilege!
[10:31] {peterg} to do so
[10:31] {peterg} sir
[10:34] {magoo} oil inventory #
[10:37] {Threei} DOE CRUDE: -81K V -1.2ME; GASOLINE: -3.5M V +250KE; DISTILLATES: +2.4M V +2ME; UTILIZATION: 87.2% V 87.1%E
[10:37] {Threei} *API Inventory:
[10:37] {Threei} - Crude Inventories: -2.1M
[10:37] {Threei} - Gasoline: -3.8M
[10:37] {Threei} - Distillate: -587K
[10:38] {Threei} watching UAUA for bounce
[10:39] {magoo} in .99
[10:40] {Threei} USO still strong
[10:41] {magoo} yeah
[10:41] {magoo} stopped .78
[10:48] {esemde} long LRCX .61
[10:48] {esemde} 1/2 lot
[10:48] {Threei} quite hectic moves
[10:48] {esemde} what mine....or USO
[10:49] {esemde} stop .40
[10:49] {Threei} USO, market, UAUA
[10:50] {esemde} ahhhhhh
[10:51] {esemde} am tring a pullback instead of a breakout
[10:51] {lars} JASO Target Vad?
[10:51] {magoo} out jaso .56 TY vad
[10:52] {Threei} trying .61 exit
[10:52] {Threei} but agoo probably has right idea
[10:52] {lars} ty
[10:55] {Threei} in UAUA .66
[10:55] {lars} out JASO .58 thanks vad and magoo :)
[10:55] {Threei} .59 stop
[10:55] {Threei} welcome :)
[11:00] {Threei} out
[11:00] {Threei} scalp near .80 was the way to go
[11:02] {Threei} .55 second try
[11:02] {Threei} stop under .50
[11:03] {Threei} half out .65
[11:06] {magoo} in whicha
[11:07] {hawkfan4} me too
[11:07] {Threei} debated taking .77 -.78
[11:07] {Threei} hard to tell
[11:08] {magoo} im thinking 9.06 ..but who knows?
[11:08] {Threei} anyway, stop to breakeven for me for the balance
[11:08] {magoo} where the hex isroman?
[11:09] {Threei} USO helps
[11:09] {Threei} if loses 99 UAUA should be fine
[11:10] {Threei} come on oil, die
[11:11] {Threei} stubborn slimy substance
[11:13] {Threei} stinky too
[11:13] {magoo} its a "cheaty fellow"
[11:15] {Threei} lose that 99 already
[11:18] {Threei} out balance
[11:19] {magoo} im o for 2 on that dog
[11:22] {kazaam} long uso
[11:22] {kazaam} .18
[11:22] {kazaam} sl .98
[11:25] {Threei} in .32
[11:25] {Threei} .25 stop
[11:26] {kazaam} stopped, -.20
[11:26] {hawkfan4} same vad
[11:27] {Threei} half out .42
[11:28] {esemde} out LRCX .88 +.27
[11:28] {Threei} :)
[11:28] {esemde} finally.....
[11:28] {esemde} hmmmmm are pullbacks the way to go?
[11:29] {Threei} feels so, we talked aabout it yesterday
[11:31] {Threei} offering .61
[11:31] {Threei} out
[11:31] {Threei} whew
[11:31] {magoo} uso is cooperating
[11:31] {Threei} finally got this thing right
[11:32] {hawkfan4} beaut...uh, i mean, good one vad :)
[11:32] {Threei} lol
[11:32] {magoo} lol
[11:32] {lars} lol
06[11:32] * magoo slaps lars around a bit with a large trout
[11:32] {magoo} just warming up lars for laser
[11:32] {lars} thx...needed that
[11:32] {lars} :)
[11:35] {Threei} back in .51
[11:36] {Threei} .44 stop
[11:36] {magoo} alright...alrigytttttttttttttt...........in
[11:36] {Threei} lol
[11:36] {Threei} kiss of death
[11:36] {Threei} there you go
[11:37] {magoo} kiss? interesting choice of words
[11:37] {Threei} oops
[11:37] {hawkfan4} lol
[11:37] {Threei} didn't even take stop laughing
[11:37] {Threei} now I did
[11:48] {Threei} watching LDK pullback
[11:50] {Threei} probably worth a try if holding above .50 and if FSLR turns back up
[11:51] {Threei} keep shares small, volatile one
[12:18] {hawkfan4} .
[12:26] {Threei} yawn
[12:27] {Chaeron} good morning all
[12:27] {Threei} chaeron :)
[12:29] {magoo} chaerbroil
[12:30] {peterg} lunchtime
[12:30] {Chaeron} Vad, Mags :) slow day now?
[12:30] {peterg} sure seems like it now, after brief morning rush
[12:33] {Chaeron} thanks peter... working on major project anyway
[12:36] {Threei} oil upward move kind of killed all the enthusiasm
[12:38] {magoo} yeah chaer, mkts stuck
[12:58] {magoo} mkts roll or rebound vad??
[12:58] {Threei} feels like one more round of selling
[13:02] {Threei} FSLR
[13:02] {Threei} HEARING RBC MAKING CAUTIOUS COMMENTS
[13:04] {Chaeron} magoo... left you ad DCC if you're bored
[13:05] {Threei} oil really annoying today
[13:07] {magoo} this pullbk does not bode well
[13:07] {Threei} [12:58] {Threei} feels like one more round of selling
[13:07] {Threei} [13:02] {Threei} FSLR
[13:08] {Threei} in UAUA
[13:08] {Threei} trying for scalp
[13:09] {Threei} out .10
[13:12] {Threei} USO feels topped
[13:12] {Threei} back in UAUA
[13:13] {magoo} where?
[13:13] {Threei} 8
[13:14] {lars} in 8 also
[13:14] {Threei} nice drop USO
[13:15] {Threei} half out UAUA
[13:15] {Threei} this time trying for more than scalp
[13:16] {Threei} ISRAELI PM OLMERT WILL REPORTEDLY RESIGN WHEN NEW KADIMA PARTY LEADER HAS BEEN CHOSEN
[13:16] {Threei} - Note the speculated successor is the Transportation Minister Shaul Mofax, who has in the past been attributed to hawkish comments with regards to the Iranian issue{USD/ILS USO}
[13:17] {Threei} there we go
[13:17] {Chaeron} wow
[13:17] {Chaeron} You saw that coming weeks ago
[13:17] {Threei} same guy who made comments a while ago about unavoidable attack on Iran
[13:17] {Threei} that's why oil is happy today I guess
[13:18] {Threei} that Israel is going to be a diving force in oil market with their comments and (hhope not) actions?
[13:21] {magoo} looked at your dcc chaer, thanx..cool manyanas
[13:29] {Threei} out second half
[13:30] {Threei} maybe prematurely but don't want to get caught
[13:30] {magoo} i keeop losing on that pig
[13:30] {magoo} move to anothe paaalllllllleeeeeease
[13:31] {magoo} 4 f'n stops
[13:51] {jmb} a late Thanks for UAUA Vad
[13:55] {Threei} welcome jmb
06[13:59] * magoo slaps laserdave1 around a bit with a large trout
06[14:00] * Chaeron slaps laserdave1 around a bit with a large trout
06[14:03] * Threei shows restraint... trying to control his violent instincts
[14:09] {laserdave1} I am so proud of you Vad
[14:09] {Threei} you are?
[14:09] {laserdave1} ya restraint is awesome
[14:10] {laserdave1} i know how bad you want to swing that trout
[14:10] {Threei} great, mission is accomplished, now I deserve some reward
06[14:10] * Threei slaps laserdave1 around a bit with a large trout
06[14:10] * Chaeron slaps Threei around a bit with a large trout
06[14:10] * magoo slaps Chaeron around a bit with a large trout
[14:10] {Threei} lol
[14:10] {Chaeron} just a Three Stoges type slap fest
[14:10] {Chaeron} Stoogess that is
[14:10] {lars} lol
[14:10] {Chaeron} shhhheeeeeeesh
[14:10] {Chaeron} Take 3 - "Stooges"
[14:11] {Chaeron} Vad resembles "Curly"
[14:16] {magoo} vad...run or roll into bell here?
[14:16] {Threei} run... but lukewarm
[14:17] {Threei} kind of crawl
[14:17] {magoo} u are so non committal of late..i like the violent uncontrolled vad
[14:18] {Threei} he is back in Spetmeber
[14:18] {hawkfan4} FSLR trying, watching for followers
[14:19] {Threei} CREDIT SUISSE MAKING POSITIVE COMMENTS ON AIRLINE SECTOR
[14:33] {lars} gotta go... good luck all
[14:33] {hawkfan4} bye
[14:35] {Threei} seemags? not really run, but brisk walk
[14:35] {magoo} nice trades lars
[14:36] {magoo} thats why i continually ask u...u say 'who knows?" but your gut feel is quite often very good :)
[14:37] {magoo} on mkt direction in general
[14:38] {magoo} so, even tho i did not like AUAU today...i stuill luv ya boss
[14:38] {Threei} UAUA wasn't that bad
[14:39] {magoo} man..thats some poor typing there lol
[14:39] {Threei} gave one very nice trade, and the rest would be fine if we settle for scalps
[14:39] {magoo} AUAU today
[14:39] {Threei} FNM coming into bounce zone
[14:40] {magoo} dam,,i was trading its inverse
[14:41] {Threei} lol
[14:41] {magoo} no wonder i lost on it
[14:45] {Threei} MER
[14:45] {Threei} DECLARES DIVIDENDS ON COMMON AND PREFERRED STOCKS
[14:45] {Threei} - Regular quarterly dividend of $0.35/shr
[14:45] {Threei} - payable September 3, 2008, to shareholders of record on August 14, 2008.
[14:46] {Threei} anyone took FNM?
[14:46] {magoo} i did .08 boss
[14:46] {Threei} out yet?
[14:46] {magoo} no
[14:46] {Threei} par
[14:46] {Threei} protect half
[14:46] {magoo} i can do that i guess
[14:46] {Threei} things change too fast and too frwequent
[14:47] {Threei} you can
[14:47] {Threei} I believe in you
[14:47] {Threei} it takes a lot of effort but it's doable
[14:47] {Threei} enter half of your position in Vlume window
[14:47] {magoo} tell me about it :)
[14:47] {Threei} gently push Sell button
[14:47] {magoo} oh shit.hit buy button
[14:48] {Threei} lol
[14:48] {Threei} on MNF I guess?
[14:48] {magoo} yeah..now i short
[14:54] {peterg} How delete unwanted windows, charts, from Laser?
[14:55] {magoo} click window so hioghlited
[14:55] {Threei} click on windown, Alt-F4
[14:55] {peterg} thkyou gntlmn
[14:55] {magoo} ctrl f4
[14:55] {Threei} or Ctrl
[14:55] {Threei} lol
[14:55] {Threei} I always forget and try both
[14:56] {peterg} works like a charm!
[14:58] {magoo} out bal fnm
[14:58] {magoo} ty vad
[14:58] {Threei} welcome
[14:59] {Threei} US HOUSE HAS REPORTEDLY VOTED DOWN THE ENERGY/CROP ANTI-SPECULATION BILL DUE TO OFFSHORE DRILLING DISPUTE
[14:59] {Threei} triple whammy for oil today
[14:59] {Threei} Israel - bill rejection - natural bounce after weeks of selling
[15:00] {Threei} oh, and inventories
[15:00] {Threei} no wonder it jumped 5 bucks
[15:01] {Threei} FNM
[15:01] {Threei} MOODY'S TAKES ACTION ON 30 2005-2007 PRIME DEALS
[15:01] {Threei} hmm?
[15:01] {Threei} what does it mean?
[15:04] {Threei} if MER breaks 27 and pops FNM is likely to follow
[15:08] {magoo} rimm sh loss 118
[15:11] {magoo} cover .75
[15:12] {Threei} CHRYSLER IS REPORTEDLY LOOKING IN TO COLLABORATIONS WITH TATA, FIAT
[15:24] {magoo} .
[15:28] {Threei} LEH seems to take leadership among financials today
[15:39] {Threei} any idea whnat made market happy?
[15:40] {magoo} no
[15:40] {hawkfan4} no clue
[15:51] {Threei} sdolars should be fun after market
[15:52] {magoo} u thinking sympathy plays off fslr?
[15:52] {Threei} usual suspects... whichever of them has decent spread and liwuidity
[15:53] {Threei} risk is much higher
[16:00] {magoo} let me know
[16:01] {Threei} thank you all
[16:01] {Threei} have a good evening, see you tomorrow
[16:01] {Threei} I'll try topost FSLR when it comes out
[16:03] {Threei} DIS
[16:03] {Threei} REPORTS Q3 $0.66 V $0.61E, $9.24B V $9.14BE
[16:05] {Threei} spike FSLR
[16:05] {magoo} wow
[16:05] {Chaeron} spike!
[16:05] {Threei} REPORTS Q2 $0.85 V $0.58E,
[16:06] {Threei} R $267M V $217ME
[16:06] {Threei} spectacular earnings
[16:06] {magoo} wheres the bounceplay??
[16:07] {Threei} no idea, it's too volatile
[16:07] {Threei} I managed to grab some SOLF at 13.50
[16:08] {magoo} nice
[16:08] {Threei} guy at the offer didn't cancel in time, lol
[16:09] {Chaeron} :))
[16:10] {Threei} out 14 and 14.01
[16:10] {hawkfan4} nice
[16:10] {magoo} wtg
[16:10] {magoo} i got nothin
[16:10] {Threei} ty
[16:10] {hawkfan4} me either
[16:11] {Threei} SBUX
[16:11] {Threei} REPORTS Q3 $0.18 (EX ITEMS) V $0.18E, R $2.6B V $2.61BE
[16:11] {Threei} - Q3 SSS down mid single digit in US
[16:11] {Threei} - Guides FY08 EPS mid $0.70 range v $0.79e
[16:11] {Threei} - Guides FY08 revenue growth 11%
[16:11] {Threei} - Cuts FY09 US store opening target and the company sees negative 60 new US stores in FY09 and expects to oepn 900 new international stores in the yr.
[16:12] {Threei} confusing
[16:12] {Chaeron} why?
[16:12] {Threei} OK, I am outta here... see you tomorrow guys
[16:12] {Chaeron} bye... thanks Vad
[16:12] {magoo} ty vad
[16:12] {fernp} bye
[16:12] {hawkfan4} thx, bye all