Aug 26 2008
Session Time: Tue Aug 26 00:00:00 2008
[08:01] {Threei} NVAX
[08:01] {Threei} ANNOUNCES FAVORABLE RESULTS FROM PHASE I/IIA PANDEMIC INFLUENZA VACCINE PROGRAM
[08:02] {Threei} 08/26/08 06:33am
[08:02] {Threei} (RU) Russia reportedly now halting visits by NATO officials as well as joint exercises for at least several months
[08:02] {Threei} - May halt peacekeeping cooperation with NATO for at least six months
[08:02] {Threei} - Russia notes it does not intend to stop cooperating with NATO in Afghanistan for now, but remains under review
[08:02] {Threei} - Russia cancels NATO chief's visit
[08:03] {Threei} 08/26/08 04:10am
[08:03] {Threei} Iran OPEC Governor: Market is not balanced, there is oversupply
[08:03] {Threei} * Note that comments are in line with prior comments
[08:03] {Threei} - Group members favor balanced market
[08:12] {Threei} 08/25/08 11:38pm
[08:12] {Threei} (US) Treasury Secretary Paulson: The proposed GSE rescue package will be used as a last resort, will be used to protect the taxpayer - NYT
[08:12] {Threei} - We will be dealing with the housing issue in one way or another for months, maybe years after he leaves office.
[08:12] {Threei} - The biggest part of the crisis will be largely over by year's end.
[08:15] {Threei} OIL PRICE OUTLOOK: THERE ARE THREE GOOD REASONS TO THINK THAT IT IS NOT YET TIME FOR AN OIL PRICE COLLAPSE - EDWARD HADAS AT BUSINESSSPECTATOR
[08:15] {Threei} - "First, demand is still strong. Despite high prices and slowing world growth, the IEA still expects a 1.1% increase in consumption in 2008."
[08:15] {Threei} - "Second, supply seems to be under the suppliers' control. The Saudis, who remain swing producers, have implied they will defend a triple-digit oil price. So far, it looks like they can."
[08:15] {Threei} - "Finally, money is available to pay the current high price. Real interest rates are still negative in most of the world. For most governments in developing countries, growth remains a higher priority than inflation-fighting. True, oil subsidies are slowly being cut. But the credit crunch hasn’t squeezed sufficiently tightly to close oil-buyers’ wallets."
[08:15] {Threei} - "Eventually, the oil price will fall back to, or below, the marginal cost of production, perhaps $50-70 a barrel. But probably not until money is a lot tighter and the global economy is in a lot more trouble.
[08:29] {Threei} FRE
[08:29] {Threei} REPORTS JULY ANNUALIZED GROWTH RATE +9.8%
[08:48] {Threei} SATC
[08:48] {Threei} ANNOUNCES SIGNIFICANT INTERNATIONAL GROWTH
[08:48] {Threei} - Will deliver 20MW of the company's industry leading 500 KW PowerGate Plus grid -tie commercial photovoltaic (PV) inverters as part of a new agreement with European utility Energy 21.
[08:48] {Threei} - CE Solar, the project development arm of Energy 21, will deliver and maintain the solar PV plants beginning in October 2008 with completion in spring 2009.
[08:50] {magoo} .srlfskkjhSR.,dsrjfsLKJ
[08:50] {Threei} lhkgodirntyksldh?
[08:58] {GeoArb} gm
[08:59] {Threei} Geo :)
[09:00] {Threei} *JUNE S&P_CASESHILLER COMPOSITE 20 INDEX Y/Y: -15.9% V -16.2%E; HOME PRICE INDEX: 167.69 V 167.2E
[09:03] {magoo} what u stalking vad?
[09:04] {Threei} usual suspects so far
[09:04] {Threei} scalped UAUA quickly
[09:05] {GeoArb} msnbc headline BREAKING NEWS: Index shows home prices dropped by sharpest rate ever in second quarter
[09:05] {tomg} good morning
[09:05] {Threei} tom :)
[09:05] {Threei} yeah Geo, that's my post above
[09:06] {fernp} Good morning
[09:06] {GeoArb} yeah i saw that....
[09:06] {GeoArb} msndc was more sensational :)
[09:07] {cosmo} MRVL might test 15 ...imho
[09:07] {Threei} fern, cosmo :)
[09:08] {cosmo} needs to hold 14.8...
[09:08] {Threei} 'cause they need to sell something, geo :)
[09:08] {cosmo} 3i:)
[09:08] {GeoArb} yup i love it
[09:08] {GeoArb} false sense of urgency in everything
[09:09] {cosmo} there's medication for that geo
[09:09] {cosmo} :)
[09:10] {Threei} reminds me a dialog from one of Russian favorites... Bulgakov, Dog's Heart
[09:10] {Threei} - Do not read Soviet newspapers at the breakfast
[09:10] {Threei} - But there are no others?
[09:11] {Threei} - So don't read any!
[09:11] {peterg} lol & good morning
[09:11] {Threei} peter :)
[09:12] {Threei} motivational quotes of the day
[09:12] {Threei} A pessimist is one who makes difficulties of his opportunities and an optimist is one who makes opportunities of his difficulties
[09:12] {Threei} one who names the author will NOT be slapped by magoo
[09:14] {pita} gm everyone
[09:14] {Threei} pita :)
[09:14] {peterg} mark twain?
[09:14] {Threei} nope
[09:15] {Onix} Good morning pilgrims
[09:15] {fernp} Mansell
[09:15] {Threei} onix :)
[09:15] {Threei} Harry S. Truman
[09:19] {dino} gm all
[09:19] {Threei} dino :)
[09:22] {dino} i prefer....if going thru hell, keep going
[09:22] {GeoArb} heh nice
[09:23] {GeoArb} how about... take care to get what you like
[09:23] {GeoArb} or youll have to like what youll get
[09:23] {magoo} anyway
[09:23] {dino} lol
06[09:23] * magoo slaps fernp around a bit with a large trout
[09:24] {Threei} lol
06[09:24] * magoo slaps peterg around a bit with a large trout
[09:24] {fernp} thanks. my FIRST time.
[09:24] {magoo} really
[09:24] {peterg} slapped after dumped!
[09:24] {Threei} rite of passage
[09:25] {dino} as st. paulie girl says, you never forget your first
[09:26] {peterg} cant find fish under commands
06[09:26] * GeoArb slaps peterg around a bit with a large trout
[09:26] {peterg} bullies! and me helpless!
[09:26] {Threei} right click on the nick peter... bottom line in dropdown menu
06[09:27] * Threei to the rescue
[09:27] {GeoArb} what a mentor vad
06[09:27] * magoo slaps Threei around a bit with a large trout
06[09:27] * peterg slaps GeoArb around a bit with a large trout
[09:27] {magoo} quit teavchingt these guys how
06[09:27] * peterg slaps GeoArb around a bit with a large trout
[09:28] {GeoArb} what did i do?
[09:28] {Threei} why... I like fish fight
06[09:28] * peterg slaps dptl around a bit with a large trout
06[09:28] * peterg slaps magoo around a bit with a large trout
[09:28] {peterg} sorry bad aim
[09:28] {GeoArb} yesterday was my 34th bdday
[09:28] {peterg} congdratulations
[09:28] {patience} Geo, you're a baby!
[09:28] {GeoArb} i realized there was nothing i really wwanted as a gift
[09:28] {magoo} happy bbay
[09:28] {Threei} happy birthday
[09:29] {GeoArb} :)
[09:29] {GeoArb} thnks
[09:29] {GeoArb} so i bought myself a wustof chef knife hehehe
[09:29] {GeoArb} (speaking of fish)
[09:30] {peterg} I want the japanesey one
[09:30] {GeoArb} ceramic?
[09:30] {GeoArb} santoku?
[09:30] {peterg} yep
[09:31] {GeoArb} nice oil drop for a second
[09:31] {cosmo} MRVL 15 test
[09:31] {cosmo} soon
[09:31] {Threei} anyone sees any news PARL?
[09:32] {Threei} watching ELN for pullback
[09:32] {fernp} Parlux Fragrances upgraded to Buy from Hold at Wedbush (6.65 ) -Update
[09:32] {Threei} ideally to 14.60
[09:32] {Threei} ty fern
[09:34] {Threei} doesn't want to drop much so far
[09:34] {Threei} 15 break maybe the way to go
[09:34] {Threei} too fast?\
[09:34] {Threei} back into 15
[09:35] {Threei} next cross of it is long if stays above .90
[09:35] {Threei} .89 stop
[09:36] {Onix} in ELN @ 14.94
[09:36] {Threei} no worky
[09:37] {Threei} hard to tell here
[09:37] {Threei} maybe just a shakoeout
[09:37] {Threei} maybe done
[09:41] {Threei} .81 second try
[09:41] {Threei} if stays above .70
[09:43] {Roman}
21 SOLF
[09:43] {Roman}
21 long 19.82
[09:46] {Threei} FNM .71 long
[09:46] {Threei} stop .59
[09:48] {Onix} in FNM .71
[09:49] {magoo} me too
[09:49] {Roman}
21 stopped SOLF
[09:49] {Roman}
21 -.30
[09:50] {Threei} FNM 1:1, half out
[09:50] {Threei} scalpers take profit
[09:51] {GeoArb} nice vad... care to comment on setup?
[09:51] {Threei} bounce after pullback
[09:51] {GeoArb} hehe
[09:51] {GeoArb} no fancy name?
[09:52] {Threei} hmmm
[09:52] {Threei} no :)
[09:52] {magoo} out .84 ty vad
[09:52] {Threei} welcome
[09:52] {GeoArb} out .87 thanks
[09:52] {Threei} :)
[09:52] {GeoArb} vds hook?
[09:53] {Onix} ty Vad .15 on FNM
[09:53] {Threei} onix :)
[09:54] {dino} sqmn
[09:56] {dino} sqnm
[09:56] {judijim} good morning all
[09:56] {Threei} jj :)
[09:58] {Threei} if anyone went for ELN - I've no idea what it's going to do here
[09:58] {magoo} i did
[09:59] {Threei} just take scalp and let's wait for better indication
[09:59] {Threei} FNM goes over 6 is feels
[10:00] {Threei} JULY NEW HOME SALES: 515 V 525KE
[10:00] {Threei} prior revised from 530K to 503K
[10:00] {Threei} - Median price $ v $230,900 m/m
[10:00] {Threei} - New Home Inventory at ## months v 10 months prior (11.4 months was recent high back in March).{XHB}
[10:00] {dino} coco
[10:00] {Threei} AUG CONSUMER CONFIDENCE: 56.9 V 53.0E
[10:01] {dino} coco sm l .50, stop .13
[10:01] {Threei} AUG RICHMOND FED MANUFACTURING INDEX: -16 V -10E
[10:02] {Threei} COIN
[10:02] {Threei} ANNOUNCES STRATEGIC ALLIANCE WITH GRO GROUP INC. TO SERVICE UP TO 15,000 U.S. NURSERIES, RETAILERS
[10:02] {GeoArb} news day today
[10:02] {Threei} JUNE HOUSE PRICE INDEX: 0.0% V -0.4%E; Q2 HOUSE PRICE INDEX Q/Q: % V -1.5%E
[10:04] {Threei} out FNM in full
[10:04] {tomg} ty vad, fnm
[10:04] {Threei} :)
[10:04] {GeoArb} sheesh vad
[10:05] {GeoArb} yo work for the IRS? squeezin every drop
[10:05] {Threei} lol
[10:05] {Threei} I is greedy
[10:05] {GeoArb} i exited on .87
[10:05] {dino} bwld
[10:06] {Threei} hmmm
[10:06] {Threei} still not done... wow
[10:07] {GeoArb} what a push
[10:07] {dino} sm l bwld .75, stop .43
[10:07] {Threei} lol... fingers reflex
[10:07] {Threei} shorted .18
[10:07] {Threei} covered .10
[10:07] {dino} sohu
[10:07] {Threei} faster than I could think what I was doing
[10:10] {dino} sohu sm l .80, risky wide
[10:11] {Threei} FRE new high
[10:12] {Threei} FNM is likely to follow
[10:14] {Threei} never broke .20... wierd, usually FNM is a stronger one in this pair
[10:15] {dino} coco stopped -.37
[10:17] {GeoArb} whats up with the coco breakdown?
[10:17] {GeoArb} ahh missed
[10:17] {GeoArb} earning
[10:20] {dino} bwld stopped -.32
[10:26] {Threei} USAO looks like drop is likely
[10:26] {Threei} UAUA is bounce candidate
[10:28] {Threei} waiting for a long bar USO for entry
[10:28] {Threei} actually, any direction will do
[10:28] {Threei} short on UAUA is just as good if USO spikes
[10:29] {GeoArb} pulled 8 cents
[10:29] {GeoArb} ty vad
[10:29] {Threei} :)
[10:29] {GeoArb} .65 .73
[10:30] {GeoArb} hmmm
[10:30] {GeoArb} premature %#%#%^@
[10:31] {GeoArb} i had a Q vad.....do you indulge in sector trading?
[10:32] {Threei} as in?
[10:32] {GeoArb} as in leading lagging sector etc?
[10:32] {GeoArb} will trade in that direction
[10:32] {GeoArb} etc
[10:32] {Threei} isn't it what do here on daily basis?
[10:32] {GeoArb} yes
[10:33] {GeoArb} but more classic....
[10:33] {dino} sohu stop to .20
[10:33] {GeoArb} as in.......keeping track of sectors etc...
[10:33] {Roman}
21 COIN
[10:33] {GeoArb} just wondering
[10:33] {dino} bwld big rinse
[10:33] {GeoArb} as i have a scan hehehehe
[10:33] {Threei} I am too lazy for that
[10:34] {Threei} but that's a valid way to do it
[10:34] {GeoArb} i took the sector index/etfs
[10:34] {GeoArb} and have a running up down scan
[10:34] {GeoArb} keeps me informed
[10:34] {Threei} UAUA next spike is coming I believe
[10:34] {Threei} so why don't you share
[10:34] {GeoArb} i do i do
[10:35] {GeoArb} was wondering if valid
[10:35] {Threei} :)
[10:35] {dino} out sohu .20, +.40
[10:36] {GeoArb} http://www.trade-ideas.com/View.php?O=600000000000000000C0003_3DD_0&WN=Sector+Explosive+Moves&SL=1
[10:36] {GeoArb} and just put the etfs interested in
[10:36] {GeoArb} real time sector indicator
[10:37] {Threei} ty, watching
[10:37] {Threei} oil dropped as told... UAUA spiked as told
[10:37] {GeoArb} you have to make a restricted list
[10:37] {Onix} in UAUA @ .87
[10:37] {Threei} I think scalp Onix
[10:38] {GeoArb} i only run that on $BKX.X
[10:38] {GeoArb} $OSX.X
[10:38] {GeoArb} $RLX.X
[10:38] {GeoArb} $XAL.X
[10:38] {GeoArb} $XOI.X
[10:38] {GeoArb} GLD
[10:38] {GeoArb} IDU
[10:38] {GeoArb} IHF
[10:38] {GeoArb} IYH
[10:38] {GeoArb} IYJ
[10:38] {GeoArb} IYM
[10:38] {GeoArb} IYT
[10:38] {GeoArb} IYW
[10:38] {GeoArb} IYZ
[10:38] {GeoArb} MOO
[10:38] {GeoArb} OIH
[10:38] {GeoArb} SLX
[10:38] {GeoArb} SMH
[10:38] {GeoArb} TAN
[10:38] {GeoArb} USO
[10:38] {GeoArb} XHB
[10:38] {GeoArb} XLE
[10:38] {GeoArb} XLF
[10:38] {GeoArb} XLP
[10:38] {GeoArb} XLY
[10:38] {GeoArb} oops
[10:38] {GeoArb} so real time sector up and down
[10:38] {GeoArb} a friend of mine shared it with me
[10:40] {dino} sm l cpla ave .90
[10:40] {Threei} I forgot how to make lists, lol
[10:41] {GeoArb} on the main window
[10:41] {GeoArb} tools symbol lists
[10:41] {Threei} yeah, remember now, ty
[10:44] {Threei} OK, works
[10:44] {Threei} now I have to remember what each symbol stands for... sigh
[10:44] {GeoArb} heheh
[10:44] {GeoArb} i type em in mm box many times
[10:47] {GeoArb} any use vad? IMO it keeps track of leading lagging sectors in real time...
[10:48] {Threei} gotta observe more
[10:49] {GeoArb} no trade setups just a sector heads up
[10:49] {dino} sm l hway .50
[10:49] {Threei} maybe need to limit amount of alerts to something more meaningful
[10:49] {Threei} not to see every tick
[10:49] {GeoArb} true
[10:49] {GeoArb} i would appreaciate the tweak
[10:53] {esemde} good morning....
[10:53] {Threei} ese :)
[11:00] {Threei} FNM break
[11:01] {magoo} chasing here?
[11:01] {Threei} hard to tell... I'd prefer pullback entry
[11:01] {Threei} but it's not very readable
[11:04] {dino} sm l ctcm
[11:04] {dino} .50
[11:08] {GeoArb} all scanners frozen
[11:10] {Threei} except BUDU
[11:10] {Threei} broke down with volume
[11:11] {Threei} BIDU, sorry
[11:13] {magoo} u got a read on it?
[11:13] {Threei} nah
[11:14] {GeoArb} i dont like trading anything over 150..... even 100 shares kill me
[11:17] {tomg} any read on TIE vad?
[11:17] {tomg} i'm in from .50
[11:17] {Threei} I would take profit and be happy
[11:17] {tomg} out, ty
[11:17] {Threei} good job
[11:17] {tomg} :)
[11:26] {dino} gj
[11:28] {tomg} ty dino,
[11:29] {dino} cpla stop to .27
[11:30] {dino} out cpla slip, ave .25, +.30
[11:30] {tomg} tie looking good again
[11:32] {tomg} .80 resistance
[11:32] {dino} dakt pullback
[11:39] {dino} dakt sm l .80
[11:40] {Onix} ty tomg, i got 11c in TIE
[11:40] {tomg} yw Onix
[11:40] {tomg} wtg :)
[11:42] {dino} gj guys
[11:43] {tomg} ty, where stop dakt?
[11:44] {dino} .57
[11:44] {tomg} ty
[11:45] {dino} sm l sohu wide .10
[11:45] {dino} looking for a buck on dakt
[11:46] {dino} bwld sm l .25, stop lod
[11:54] {dino} safm
[11:55] {Threei} UAUA is a scalp candidate here
[11:55] {Threei} not expectng much
[11:55] {Threei} kind of 5-10 cents
[11:56] {dino} dakt should not have pulled like that, go to scalp mode
[11:58] {GeoArb} scalp long i hope?
[11:58] {Threei} yes :)
[11:58] {dino} axys rockin'
[11:58] {GeoArb} I entered break of 75
[11:59] {Threei} it was at .71 at the moment
[11:59] {Threei} loss of 93.50 needed on USO
[11:59] {GeoArb} i looked at previous high
[12:02] {Threei} here we go USO
[12:02] {magoo} l uaua .72
[12:07] {dino} bwld stop to .54
[12:07] {Threei} swamp... nothing definite
[12:08] {magoo} oh contrare monfrare
[12:09] {magoo} a power up forthcomith
[12:09] {GeoArb} how how how?
[12:09] {GeoArb} (do you know)
[12:11] {GeoArb} uh oh
[12:11] {GeoArb} chart not looking good
[12:11] {Threei} nope
[12:11] {dino} out bwld .55 +.30
[12:14] {dino} fmcn, ilmn
[12:15] {GeoArb} stop vad?
[12:15] {Threei} just get out
[12:15] {Threei} not working
[12:15] {GeoArb} sniff
[12:16] {Threei} and if losing .60, it's nothing but short
[12:16] {GeoArb} boobhooohooo
[12:18] {GeoArb} do i see a bounce?
[12:18] {GeoArb} with oil poised to fall?
[12:18] {Threei} quite pathitic attempt at bounce
[12:18] {Threei} relation is nowhere that strong as it used to be
[12:19] {dino} stopped dakt, sorry guys
[12:19] {tomg} np dino
[12:20] {magoo} [12:09] {magoo} oh contrare monfrare
[12:20] {magoo} [12:09] {magoo} a power up forthcomith
[12:23] {GeoArb} glad i am out...... my entry sucked
[12:28] {dino} dakt gap fill
[12:28] {dino} bwld sm l .20
[12:28] {GeoArb} phew
[12:29] {dino} stoped hway flat
[12:36] {Threei} just a few days of august left
[12:37] {Threei} then things will start picking up gradually
[12:38] {tomg} so, you're saying it's safe to go to lunch? :)
[12:39] {Threei} hmmm... lunch till Septmeber? it can't be good for one's waist
[12:39] {tomg} :)
[12:39] {tomg} ppc dino?
[12:39] {dino} go to lunch? at the desk buddy
[12:39] {tomg} your style?
[12:39] {dino} bean burrito today
[12:40] {tomg} PPC bouncing
06[12:40] * Threei pictures magoo wearing gas mask
[12:40] {dino} lol
[12:40] {dino} i was thinking my wife, but....
[12:45] {magoo} well..id say powerup but this is riiculousu
[12:46] {Threei} it's a meaningless wadnering back and forth
[12:46] {Threei} no rhyme, no reason
[12:47] {dino} hickory dickory dock
[13:03] {peterg} was that a satanic curse?
[13:05] {Threei} RIMM
[13:05] {Threei} .50 break long
[13:05] {Threei} if stays above .30
[13:07] {magoo} THERE U GO
[13:09] {Threei} (RU) UN RUSSIA ENVOY: RUSSIA IS NOT PLANNING TO ANNEX ABKHAZIA OR OSSETIA
[13:09] {Threei} - separately, in a BBC interview, Russian President Medvedev accuses the US of shipping arms to Georgia.
[13:09] {Threei} - Russia Pres Medvedev notes Europe can have even worse relations if it wants.
[13:09] {Threei} sigh
[13:12] {Threei} RIMM at 1:1, I am aiming at 1:2
[13:12] {Threei} offering .93
[13:12] {magoo} .9299
[13:13] {Threei} .9298
[13:13] {magoo} 9297
06[13:13] * Threei slaps magoo around a bit with a large trout
06[13:13] * magoo slaps Threei around a bit with a large trout
[13:13] {GeoArb} sheesh
[13:14] {Threei} reciprocation is the name of the game
[13:14] {GeoArb} i cant make money and type at same time
[13:15] {GeoArb} i just did :)
[13:15] {Threei} lol
[13:15] {GeoArb} so i am curious
[13:15] {Threei} practice makes it perfect
[13:15] {GeoArb} do you guys go half lot as this is rimm?
[13:15] {GeoArb} compared to UAUA?
[13:16] {Threei} half lot or less
[13:16] {Threei} but UAUA I often do double
[13:16] {GeoArb} yeah
[13:16] {GeoArb} thats what i did
[13:16] {GeoArb} nt the double though
[13:16] {GeoArb} not
[13:16] {GeoArb} you suck up all the liquidity
[13:16] {magoo} 300-500 shares here rimm..aapl
[13:16] {GeoArb} oops
[13:16] {GeoArb} i was in 800
[13:16] {Threei} market weakens
[13:17] {GeoArb} banked 600 on 1:1 though
[13:17] {GeoArb} was late entry at .52
[13:18] {Threei} RIMM holding rather well
[13:18] {GeoArb} yeah
[13:21] {Threei} pssst RIMM... that's me at .9296
[13:21] {magoo} wjheresyour exit vad?
[13:21] {Threei} not telling you
[13:21] {Threei} you'll undercut me again
[13:25] {magoo} vad, would u say corellation isd weakening between uyso and uaua?
[13:31] {Threei} I said it a few times
[13:32] {GeoArb} wo......
[13:32] {GeoArb} testy
[13:32] {GeoArb} summer blues
[13:32] {GeoArb} (no fish)
[13:32] {Threei} WHITE HOUSE: US PRESIDENT BUSH WILL RELEASE STATEMENT REGARDING THE CONFLICT IN GEORGIA LATER TODAY
[13:32] {Threei} - Notes that Russia is making several irrational decisions such as recognizing Georgian rebel regions which raises serious questions on Russia's ability to keep its commitments.
[13:32] {Threei} - White House also refuting allegations from the Russian president that the US is providing arms to Georgia
[13:33] {GeoArb} quick question about routing
[13:33] {GeoArb} whats diff between ISLD ARCA INCA NSDQ?
[13:33] {GeoArb} i got memo that all ISLD will be replaced by NSDQ
[13:33] {magoo} letters
[13:33] {GeoArb} hmmmm
[13:33] {dino} ctcm stopped -.21
[13:33] {GeoArb} :)
[13:34] {GeoArb} something to do with nasdaq insisting on internal routing
[13:34] {Threei} bounce time
[13:36] {GeoArb} no mas?
[13:47] {GeoArb} rimm leading NQ?
[13:48] {Threei} following IMO
[13:48] {GeoArb} ok
[13:48] {GeoArb} so i checked memos
[13:48] {GeoArb} seems isld is being retired
[13:48] {Threei} it merged with INET, no?
[13:48] {magoo} cvorrcty
[13:49] {magoo} WOWQ
[13:49] {magoo} WOW
[13:49] {Threei} lol
[13:49] {magoo} correct
[13:49] {GeoArb} the new code i am being asked to use isnt even INET or INCA but NSDQ
[13:49] {GeoArb} plain old nasdaq
[13:49] {Threei} one more leg down is coming it seems
[13:50] {GeoArb} you short vad?
[13:50] {Threei} UAUA, just for a scalp
[13:50] {GeoArb} ok
[13:50] {Threei} covering here
[13:50] {GeoArb} nice downtrend in last hour
[13:52] {dino} sm l ilmn .65, stop .33
[13:55] {Threei} Reminder, later this afternoon the FOMC minutes will be released
[13:55] {Threei} 5 minutes
[14:00] {esemde} I'm outta here....didn't get a chance to really watch today.....one radio and one TV interview already today....Vad my Rhythm and Blues Band The Midnights are playing in the inner harbour Monday...maybe see you there
[14:00] {Threei} what time ese?
[14:01] {esemde} 4:30 time slot.....
[14:01] {Threei} gotta be at dinner at 6...
[14:01] {Threei} will probably miss your performance :(
[14:01] {Threei} *MINUTES OF AUG FOMC MEETING: GENERALLY SAY NEXT MOVE WAS AN INCREASE IN RATES, VOICED CONCERNA BOUT SLOWINER CONSUMER, CONCERNED INFLATION WOULD NOT RECEDE INTO 2009
[14:01] {Threei} - Say markets are fragile, raising capital dificult for banks
[14:01] {Threei} - Divided over inflation risks rising or falling
[14:02] {Threei} - Sees pressure remaining on GSEs, investors less worried
[14:02] {Threei} - Noted that exports caused a big stimulus, but are seen as possibly waning in the future
[14:03] {Threei} - Staff LoweredGDP forecast in 2H08 and 2009
[14:18] {dino} ilmn stopped
[14:19] {Threei} 3PM FDIC Q2 "PROBLEM INSTITUTIONS" REPORT: 117 OF BANKS ARE TROUBLED, UP FROM 90 IN Q1; $78.3B IN ASSETS LISTED - CNBC
[14:19] {Threei} - note: As of March 31st (Q1), 90 troubled banks were on the report, up from 76 in Q4 2007.{XLF}
[14:19] {dino} fmcn sm l .36
[14:30] {Threei} I guess I picked a wrong week for vacation
[14:30] {Threei} this one would be more appropriate
[14:31] {magoo} really
[14:32] {magoo} nothin f'n works
[14:32] {dino} very small cme l .70
[14:34] {Threei} you watched UAUA just now
[14:34] {Threei} ?
[14:35] {Threei} that was something
[14:39] {magoo} mark your notes vad thois is THE week to plan trading room cruise
[14:39] {magoo} or vegas
[14:39] {Threei} well, funny thing is,
[14:39] {Threei} when August is dead as usually,
[14:40] {Threei} this last week is when things started slowly picking up in the past
[14:40] {Threei} as traders started positioning for actvity increase
[14:40] {Threei} so I though beginning of August would be better idea
[14:40] {Threei} but this year everything is wierd :)
[14:42] {Threei} overall, I guess we can't complain
[14:43] {GeoArb} i have a friends who trades prop
[14:43] {Threei} we got one dead week for whole summer
[14:43] {GeoArb} he said top 2 traders on vacation this week
[14:43] {Threei} good timing
[14:43] {GeoArb} the third one decided to go on vacation today !!!!
[14:43] {GeoArb} after watching first half
[14:43] {GeoArb} lol
[14:43] {dino} i was a week early
[14:44] {Threei} (FR) FRANCE FOREIGN MIN KOUCHNER: WE FEAR WAR, DO NOT WANT ONE
[14:44] {Threei} what kind of comment is that?
[14:45] {Threei} (US) US PRES BUSH CONDEMNS RUSSIA'S DECISION TO RECOGNIZE GEORGIAN REBEL REGIONS AS INDEPENDENT
[14:45] {Threei} - Pres Bush notes Abkhazia and South Ossetia belong to Georgia and must continue as part of Georgia
[14:45] {Threei} - Also says Russia's irresponsible moves on Georgia must be reversed
[14:51] {Threei} EWW is ETF of what?
[14:51] {Threei} I mean... how can you not short such name?
[14:52] {Threei} reminds me of a stock I shorted once just because of company name, it was SouthDown
[14:54] {Threei} Mexico Index Fund
[14:55] {GeoArb} well that is south down
[14:55] {Threei} lol
[15:06] {judijim} done for the day, take care, be back tomorrow
[15:06] {Threei} take care jj
[15:08] {dino} cya jj
[15:12] {dino} fmcn stop to .49
[15:20] {dino} to .66
[15:20] {dino} to .74
[15:23] {dino} out fmcn .78 +.43
[15:23] {dino} .42
[15:25] {Threei} CLNE?
[15:26] {GeoArb} buy sel?
[15:26] {GeoArb} comon comeon
[15:26] {GeoArb} (finally something)
[15:26] {Threei} do you believe in Pikkens?
[15:26] {Threei} Pickens
[15:26] {Threei} whatever
[15:26] {GeoArb} heheh
[15:26] {GeoArb} was googling
[15:26] {dino} clne, pelosi invested, cramer pushing
[15:27] {dino} lgn stations for cars
[15:27] {Threei} it's his company, right?
[15:27] {GeoArb} i thinkk so
[15:27] {GeoArb} but i though going against exxon was unamerican
[15:27] {dino} bwld stopped -.35
[15:29] {GeoArb} http://www.pickensplan.com/news/
[15:30] {dino} ouch ilmn
[15:30] {dino} think cedc is dieing on the russia issue
[15:39] {GeoArb} man my fingers are hurting from all the trading
[15:39] {Threei} lol
[15:40] {GeoArb} or is it from twiddling my thumbs?
[15:41] {Threei} mine go numb from holding eyelids open
[15:42] {Threei} I need to start using scotch tape for that
[15:43] {Threei} I can't make up my mind dino
[15:44] {dino} w/what tape or thumbs?
[15:44] {Threei} CEDC
[15:44] {Threei} on one hand, yeah, being located in Poland... not a very good thing considering the circumstances
[15:44] {GeoArb} lots of sabre rattling
[15:44] {Threei} on another, their product is bound to gain a lot of popularity in cae f tensions increase
[15:44] {dino} oh, yeah, i think that is the issue, major exporter
[15:45] {GeoArb} they just want respect (and control of former vassals)
[15:45] {dino} i was waiting at 56
[15:45] {dino} overthought it
[15:48] {dino} sohu stop to .19
[15:49] {dino} make it .32
[15:50] {dino} out .28 slip, +.18
[15:50] {dino} well, that sucked
[15:54] {Threei} ok guys, let's end the torture
[15:54] {Threei} thank you all, have a good evening
[15:54] {Threei} see you tomorrow
[15:54] {GeoArb} thanks va
[15:54] {GeoArb} d
[15:55] {Threei} oh btw
[15:55] {Threei} tomorrow beofre open SOLF earnings
[15:55] {Threei} could be interesting
[15:55] {dino} gn vad
[15:55] {peterg} okdoky thks bye all
[08:01] {Threei} NVAX
[08:01] {Threei} ANNOUNCES FAVORABLE RESULTS FROM PHASE I/IIA PANDEMIC INFLUENZA VACCINE PROGRAM
[08:02] {Threei} 08/26/08 06:33am
[08:02] {Threei} (RU) Russia reportedly now halting visits by NATO officials as well as joint exercises for at least several months
[08:02] {Threei} - May halt peacekeeping cooperation with NATO for at least six months
[08:02] {Threei} - Russia notes it does not intend to stop cooperating with NATO in Afghanistan for now, but remains under review
[08:02] {Threei} - Russia cancels NATO chief's visit
[08:03] {Threei} 08/26/08 04:10am
[08:03] {Threei} Iran OPEC Governor: Market is not balanced, there is oversupply
[08:03] {Threei} * Note that comments are in line with prior comments
[08:03] {Threei} - Group members favor balanced market
[08:12] {Threei} 08/25/08 11:38pm
[08:12] {Threei} (US) Treasury Secretary Paulson: The proposed GSE rescue package will be used as a last resort, will be used to protect the taxpayer - NYT
[08:12] {Threei} - We will be dealing with the housing issue in one way or another for months, maybe years after he leaves office.
[08:12] {Threei} - The biggest part of the crisis will be largely over by year's end.
[08:15] {Threei} OIL PRICE OUTLOOK: THERE ARE THREE GOOD REASONS TO THINK THAT IT IS NOT YET TIME FOR AN OIL PRICE COLLAPSE - EDWARD HADAS AT BUSINESSSPECTATOR
[08:15] {Threei} - "First, demand is still strong. Despite high prices and slowing world growth, the IEA still expects a 1.1% increase in consumption in 2008."
[08:15] {Threei} - "Second, supply seems to be under the suppliers' control. The Saudis, who remain swing producers, have implied they will defend a triple-digit oil price. So far, it looks like they can."
[08:15] {Threei} - "Finally, money is available to pay the current high price. Real interest rates are still negative in most of the world. For most governments in developing countries, growth remains a higher priority than inflation-fighting. True, oil subsidies are slowly being cut. But the credit crunch hasn’t squeezed sufficiently tightly to close oil-buyers’ wallets."
[08:15] {Threei} - "Eventually, the oil price will fall back to, or below, the marginal cost of production, perhaps $50-70 a barrel. But probably not until money is a lot tighter and the global economy is in a lot more trouble.
[08:29] {Threei} FRE
[08:29] {Threei} REPORTS JULY ANNUALIZED GROWTH RATE +9.8%
[08:48] {Threei} SATC
[08:48] {Threei} ANNOUNCES SIGNIFICANT INTERNATIONAL GROWTH
[08:48] {Threei} - Will deliver 20MW of the company's industry leading 500 KW PowerGate Plus grid -tie commercial photovoltaic (PV) inverters as part of a new agreement with European utility Energy 21.
[08:48] {Threei} - CE Solar, the project development arm of Energy 21, will deliver and maintain the solar PV plants beginning in October 2008 with completion in spring 2009.
[08:50] {magoo} .srlfskkjhSR.,dsrjfsLKJ
[08:50] {Threei} lhkgodirntyksldh?
[08:58] {GeoArb} gm
[08:59] {Threei} Geo :)
[09:00] {Threei} *JUNE S&P_CASESHILLER COMPOSITE 20 INDEX Y/Y: -15.9% V -16.2%E; HOME PRICE INDEX: 167.69 V 167.2E
[09:03] {magoo} what u stalking vad?
[09:04] {Threei} usual suspects so far
[09:04] {Threei} scalped UAUA quickly
[09:05] {GeoArb} msnbc headline BREAKING NEWS: Index shows home prices dropped by sharpest rate ever in second quarter
[09:05] {tomg} good morning
[09:05] {Threei} tom :)
[09:05] {Threei} yeah Geo, that's my post above
[09:06] {fernp} Good morning
[09:06] {GeoArb} yeah i saw that....
[09:06] {GeoArb} msndc was more sensational :)
[09:07] {cosmo} MRVL might test 15 ...imho
[09:07] {Threei} fern, cosmo :)
[09:08] {cosmo} needs to hold 14.8...
[09:08] {Threei} 'cause they need to sell something, geo :)
[09:08] {cosmo} 3i:)
[09:08] {GeoArb} yup i love it
[09:08] {GeoArb} false sense of urgency in everything
[09:09] {cosmo} there's medication for that geo
[09:09] {cosmo} :)
[09:10] {Threei} reminds me a dialog from one of Russian favorites... Bulgakov, Dog's Heart
[09:10] {Threei} - Do not read Soviet newspapers at the breakfast
[09:10] {Threei} - But there are no others?
[09:11] {Threei} - So don't read any!
[09:11] {peterg} lol & good morning
[09:11] {Threei} peter :)
[09:12] {Threei} motivational quotes of the day
[09:12] {Threei} A pessimist is one who makes difficulties of his opportunities and an optimist is one who makes opportunities of his difficulties
[09:12] {Threei} one who names the author will NOT be slapped by magoo
[09:14] {pita} gm everyone
[09:14] {Threei} pita :)
[09:14] {peterg} mark twain?
[09:14] {Threei} nope
[09:15] {Onix} Good morning pilgrims
[09:15] {fernp} Mansell
[09:15] {Threei} onix :)
[09:15] {Threei} Harry S. Truman
[09:19] {dino} gm all
[09:19] {Threei} dino :)
[09:22] {dino} i prefer....if going thru hell, keep going
[09:22] {GeoArb} heh nice
[09:23] {GeoArb} how about... take care to get what you like
[09:23] {GeoArb} or youll have to like what youll get
[09:23] {magoo} anyway
[09:23] {dino} lol
06[09:23] * magoo slaps fernp around a bit with a large trout
[09:24] {Threei} lol
06[09:24] * magoo slaps peterg around a bit with a large trout
[09:24] {fernp} thanks. my FIRST time.
[09:24] {magoo} really
[09:24] {peterg} slapped after dumped!
[09:24] {Threei} rite of passage
[09:25] {dino} as st. paulie girl says, you never forget your first
[09:26] {peterg} cant find fish under commands
06[09:26] * GeoArb slaps peterg around a bit with a large trout
[09:26] {peterg} bullies! and me helpless!
[09:26] {Threei} right click on the nick peter... bottom line in dropdown menu
06[09:27] * Threei to the rescue
[09:27] {GeoArb} what a mentor vad
06[09:27] * magoo slaps Threei around a bit with a large trout
06[09:27] * peterg slaps GeoArb around a bit with a large trout
[09:27] {magoo} quit teavchingt these guys how
06[09:27] * peterg slaps GeoArb around a bit with a large trout
[09:28] {GeoArb} what did i do?
[09:28] {Threei} why... I like fish fight
06[09:28] * peterg slaps dptl around a bit with a large trout
06[09:28] * peterg slaps magoo around a bit with a large trout
[09:28] {peterg} sorry bad aim
[09:28] {GeoArb} yesterday was my 34th bdday
[09:28] {peterg} congdratulations
[09:28] {patience} Geo, you're a baby!
[09:28] {GeoArb} i realized there was nothing i really wwanted as a gift
[09:28] {magoo} happy bbay
[09:28] {Threei} happy birthday
[09:29] {GeoArb} :)
[09:29] {GeoArb} thnks
[09:29] {GeoArb} so i bought myself a wustof chef knife hehehe
[09:29] {GeoArb} (speaking of fish)
[09:30] {peterg} I want the japanesey one
[09:30] {GeoArb} ceramic?
[09:30] {GeoArb} santoku?
[09:30] {peterg} yep
[09:31] {GeoArb} nice oil drop for a second
[09:31] {cosmo} MRVL 15 test
[09:31] {cosmo} soon
[09:31] {Threei} anyone sees any news PARL?
[09:32] {Threei} watching ELN for pullback
[09:32] {fernp} Parlux Fragrances upgraded to Buy from Hold at Wedbush (6.65 ) -Update
[09:32] {Threei} ideally to 14.60
[09:32] {Threei} ty fern
[09:34] {Threei} doesn't want to drop much so far
[09:34] {Threei} 15 break maybe the way to go
[09:34] {Threei} too fast?\
[09:34] {Threei} back into 15
[09:35] {Threei} next cross of it is long if stays above .90
[09:35] {Threei} .89 stop
[09:36] {Onix} in ELN @ 14.94
[09:36] {Threei} no worky
[09:37] {Threei} hard to tell here
[09:37] {Threei} maybe just a shakoeout
[09:37] {Threei} maybe done
[09:41] {Threei} .81 second try
[09:41] {Threei} if stays above .70
[09:43] {Roman}
21 SOLF
[09:43] {Roman}
21 long 19.82
[09:46] {Threei} FNM .71 long
[09:46] {Threei} stop .59
[09:48] {Onix} in FNM .71
[09:49] {magoo} me too
[09:49] {Roman}
21 stopped SOLF
[09:49] {Roman}
21 -.30
[09:50] {Threei} FNM 1:1, half out
[09:50] {Threei} scalpers take profit
[09:51] {GeoArb} nice vad... care to comment on setup?
[09:51] {Threei} bounce after pullback
[09:51] {GeoArb} hehe
[09:51] {GeoArb} no fancy name?
[09:52] {Threei} hmmm
[09:52] {Threei} no :)
[09:52] {magoo} out .84 ty vad
[09:52] {Threei} welcome
[09:52] {GeoArb} out .87 thanks
[09:52] {Threei} :)
[09:52] {GeoArb} vds hook?
[09:53] {Onix} ty Vad .15 on FNM
[09:53] {Threei} onix :)
[09:54] {dino} sqmn
[09:56] {dino} sqnm
[09:56] {judijim} good morning all
[09:56] {Threei} jj :)
[09:58] {Threei} if anyone went for ELN - I've no idea what it's going to do here
[09:58] {magoo} i did
[09:59] {Threei} just take scalp and let's wait for better indication
[09:59] {Threei} FNM goes over 6 is feels
[10:00] {Threei} JULY NEW HOME SALES: 515 V 525KE
[10:00] {Threei} prior revised from 530K to 503K
[10:00] {Threei} - Median price $ v $230,900 m/m
[10:00] {Threei} - New Home Inventory at ## months v 10 months prior (11.4 months was recent high back in March).{XHB}
[10:00] {dino} coco
[10:00] {Threei} AUG CONSUMER CONFIDENCE: 56.9 V 53.0E
[10:01] {dino} coco sm l .50, stop .13
[10:01] {Threei} AUG RICHMOND FED MANUFACTURING INDEX: -16 V -10E
[10:02] {Threei} COIN
[10:02] {Threei} ANNOUNCES STRATEGIC ALLIANCE WITH GRO GROUP INC. TO SERVICE UP TO 15,000 U.S. NURSERIES, RETAILERS
[10:02] {GeoArb} news day today
[10:02] {Threei} JUNE HOUSE PRICE INDEX: 0.0% V -0.4%E; Q2 HOUSE PRICE INDEX Q/Q: % V -1.5%E
[10:04] {Threei} out FNM in full
[10:04] {tomg} ty vad, fnm
[10:04] {Threei} :)
[10:04] {GeoArb} sheesh vad
[10:05] {GeoArb} yo work for the IRS? squeezin every drop
[10:05] {Threei} lol
[10:05] {Threei} I is greedy
[10:05] {GeoArb} i exited on .87
[10:05] {dino} bwld
[10:06] {Threei} hmmm
[10:06] {Threei} still not done... wow
[10:07] {GeoArb} what a push
[10:07] {dino} sm l bwld .75, stop .43
[10:07] {Threei} lol... fingers reflex
[10:07] {Threei} shorted .18
[10:07] {Threei} covered .10
[10:07] {dino} sohu
[10:07] {Threei} faster than I could think what I was doing
[10:10] {dino} sohu sm l .80, risky wide
[10:11] {Threei} FRE new high
[10:12] {Threei} FNM is likely to follow
[10:14] {Threei} never broke .20... wierd, usually FNM is a stronger one in this pair
[10:15] {dino} coco stopped -.37
[10:17] {GeoArb} whats up with the coco breakdown?
[10:17] {GeoArb} ahh missed
[10:17] {GeoArb} earning
[10:20] {dino} bwld stopped -.32
[10:26] {Threei} USAO looks like drop is likely
[10:26] {Threei} UAUA is bounce candidate
[10:28] {Threei} waiting for a long bar USO for entry
[10:28] {Threei} actually, any direction will do
[10:28] {Threei} short on UAUA is just as good if USO spikes
[10:29] {GeoArb} pulled 8 cents
[10:29] {GeoArb} ty vad
[10:29] {Threei} :)
[10:29] {GeoArb} .65 .73
[10:30] {GeoArb} hmmm
[10:30] {GeoArb} premature %#%#%^@
[10:31] {GeoArb} i had a Q vad.....do you indulge in sector trading?
[10:32] {Threei} as in?
[10:32] {GeoArb} as in leading lagging sector etc?
[10:32] {GeoArb} will trade in that direction
[10:32] {GeoArb} etc
[10:32] {Threei} isn't it what do here on daily basis?
[10:32] {GeoArb} yes
[10:33] {GeoArb} but more classic....
[10:33] {dino} sohu stop to .20
[10:33] {GeoArb} as in.......keeping track of sectors etc...
[10:33] {Roman}
21 COIN
[10:33] {GeoArb} just wondering
[10:33] {dino} bwld big rinse
[10:33] {GeoArb} as i have a scan hehehehe
[10:33] {Threei} I am too lazy for that
[10:34] {Threei} but that's a valid way to do it
[10:34] {GeoArb} i took the sector index/etfs
[10:34] {GeoArb} and have a running up down scan
[10:34] {GeoArb} keeps me informed
[10:34] {Threei} UAUA next spike is coming I believe
[10:34] {Threei} so why don't you share
[10:34] {GeoArb} i do i do
[10:35] {GeoArb} was wondering if valid
[10:35] {Threei} :)
[10:35] {dino} out sohu .20, +.40
[10:36] {GeoArb} http://www.trade-ideas.com/View.php?O=600000000000000000C0003_3DD_0&WN=Sector+Explosive+Moves&SL=1
[10:36] {GeoArb} and just put the etfs interested in
[10:36] {GeoArb} real time sector indicator
[10:37] {Threei} ty, watching
[10:37] {Threei} oil dropped as told... UAUA spiked as told
[10:37] {GeoArb} you have to make a restricted list
[10:37] {Onix} in UAUA @ .87
[10:37] {Threei} I think scalp Onix
[10:38] {GeoArb} i only run that on $BKX.X
[10:38] {GeoArb} $OSX.X
[10:38] {GeoArb} $RLX.X
[10:38] {GeoArb} $XAL.X
[10:38] {GeoArb} $XOI.X
[10:38] {GeoArb} GLD
[10:38] {GeoArb} IDU
[10:38] {GeoArb} IHF
[10:38] {GeoArb} IYH
[10:38] {GeoArb} IYJ
[10:38] {GeoArb} IYM
[10:38] {GeoArb} IYT
[10:38] {GeoArb} IYW
[10:38] {GeoArb} IYZ
[10:38] {GeoArb} MOO
[10:38] {GeoArb} OIH
[10:38] {GeoArb} SLX
[10:38] {GeoArb} SMH
[10:38] {GeoArb} TAN
[10:38] {GeoArb} USO
[10:38] {GeoArb} XHB
[10:38] {GeoArb} XLE
[10:38] {GeoArb} XLF
[10:38] {GeoArb} XLP
[10:38] {GeoArb} XLY
[10:38] {GeoArb} oops
[10:38] {GeoArb} so real time sector up and down
[10:38] {GeoArb} a friend of mine shared it with me
[10:40] {dino} sm l cpla ave .90
[10:40] {Threei} I forgot how to make lists, lol
[10:41] {GeoArb} on the main window
[10:41] {GeoArb} tools symbol lists
[10:41] {Threei} yeah, remember now, ty
[10:44] {Threei} OK, works
[10:44] {Threei} now I have to remember what each symbol stands for... sigh
[10:44] {GeoArb} heheh
[10:44] {GeoArb} i type em in mm box many times
[10:47] {GeoArb} any use vad? IMO it keeps track of leading lagging sectors in real time...
[10:48] {Threei} gotta observe more
[10:49] {GeoArb} no trade setups just a sector heads up
[10:49] {dino} sm l hway .50
[10:49] {Threei} maybe need to limit amount of alerts to something more meaningful
[10:49] {Threei} not to see every tick
[10:49] {GeoArb} true
[10:49] {GeoArb} i would appreaciate the tweak
[10:53] {esemde} good morning....
[10:53] {Threei} ese :)
[11:00] {Threei} FNM break
[11:01] {magoo} chasing here?
[11:01] {Threei} hard to tell... I'd prefer pullback entry
[11:01] {Threei} but it's not very readable
[11:04] {dino} sm l ctcm
[11:04] {dino} .50
[11:08] {GeoArb} all scanners frozen
[11:10] {Threei} except BUDU
[11:10] {Threei} broke down with volume
[11:11] {Threei} BIDU, sorry
[11:13] {magoo} u got a read on it?
[11:13] {Threei} nah
[11:14] {GeoArb} i dont like trading anything over 150..... even 100 shares kill me
[11:17] {tomg} any read on TIE vad?
[11:17] {tomg} i'm in from .50
[11:17] {Threei} I would take profit and be happy
[11:17] {tomg} out, ty
[11:17] {Threei} good job
[11:17] {tomg} :)
[11:26] {dino} gj
[11:28] {tomg} ty dino,
[11:29] {dino} cpla stop to .27
[11:30] {dino} out cpla slip, ave .25, +.30
[11:30] {tomg} tie looking good again
[11:32] {tomg} .80 resistance
[11:32] {dino} dakt pullback
[11:39] {dino} dakt sm l .80
[11:40] {Onix} ty tomg, i got 11c in TIE
[11:40] {tomg} yw Onix
[11:40] {tomg} wtg :)
[11:42] {dino} gj guys
[11:43] {tomg} ty, where stop dakt?
[11:44] {dino} .57
[11:44] {tomg} ty
[11:45] {dino} sm l sohu wide .10
[11:45] {dino} looking for a buck on dakt
[11:46] {dino} bwld sm l .25, stop lod
[11:54] {dino} safm
[11:55] {Threei} UAUA is a scalp candidate here
[11:55] {Threei} not expectng much
[11:55] {Threei} kind of 5-10 cents
[11:56] {dino} dakt should not have pulled like that, go to scalp mode
[11:58] {GeoArb} scalp long i hope?
[11:58] {Threei} yes :)
[11:58] {dino} axys rockin'
[11:58] {GeoArb} I entered break of 75
[11:59] {Threei} it was at .71 at the moment
[11:59] {Threei} loss of 93.50 needed on USO
[11:59] {GeoArb} i looked at previous high
[12:02] {Threei} here we go USO
[12:02] {magoo} l uaua .72
[12:07] {dino} bwld stop to .54
[12:07] {Threei} swamp... nothing definite
[12:08] {magoo} oh contrare monfrare
[12:09] {magoo} a power up forthcomith
[12:09] {GeoArb} how how how?
[12:09] {GeoArb} (do you know)
[12:11] {GeoArb} uh oh
[12:11] {GeoArb} chart not looking good
[12:11] {Threei} nope
[12:11] {dino} out bwld .55 +.30
[12:14] {dino} fmcn, ilmn
[12:15] {GeoArb} stop vad?
[12:15] {Threei} just get out
[12:15] {Threei} not working
[12:15] {GeoArb} sniff
[12:16] {Threei} and if losing .60, it's nothing but short
[12:16] {GeoArb} boobhooohooo
[12:18] {GeoArb} do i see a bounce?
[12:18] {GeoArb} with oil poised to fall?
[12:18] {Threei} quite pathitic attempt at bounce
[12:18] {Threei} relation is nowhere that strong as it used to be
[12:19] {dino} stopped dakt, sorry guys
[12:19] {tomg} np dino
[12:20] {magoo} [12:09] {magoo} oh contrare monfrare
[12:20] {magoo} [12:09] {magoo} a power up forthcomith
[12:23] {GeoArb} glad i am out...... my entry sucked
[12:28] {dino} dakt gap fill
[12:28] {dino} bwld sm l .20
[12:28] {GeoArb} phew
[12:29] {dino} stoped hway flat
[12:36] {Threei} just a few days of august left
[12:37] {Threei} then things will start picking up gradually
[12:38] {tomg} so, you're saying it's safe to go to lunch? :)
[12:39] {Threei} hmmm... lunch till Septmeber? it can't be good for one's waist
[12:39] {tomg} :)
[12:39] {tomg} ppc dino?
[12:39] {dino} go to lunch? at the desk buddy
[12:39] {tomg} your style?
[12:39] {dino} bean burrito today
[12:40] {tomg} PPC bouncing
06[12:40] * Threei pictures magoo wearing gas mask
[12:40] {dino} lol
[12:40] {dino} i was thinking my wife, but....
[12:45] {magoo} well..id say powerup but this is riiculousu
[12:46] {Threei} it's a meaningless wadnering back and forth
[12:46] {Threei} no rhyme, no reason
[12:47] {dino} hickory dickory dock
[13:03] {peterg} was that a satanic curse?
[13:05] {Threei} RIMM
[13:05] {Threei} .50 break long
[13:05] {Threei} if stays above .30
[13:07] {magoo} THERE U GO
[13:09] {Threei} (RU) UN RUSSIA ENVOY: RUSSIA IS NOT PLANNING TO ANNEX ABKHAZIA OR OSSETIA
[13:09] {Threei} - separately, in a BBC interview, Russian President Medvedev accuses the US of shipping arms to Georgia.
[13:09] {Threei} - Russia Pres Medvedev notes Europe can have even worse relations if it wants.
[13:09] {Threei} sigh
[13:12] {Threei} RIMM at 1:1, I am aiming at 1:2
[13:12] {Threei} offering .93
[13:12] {magoo} .9299
[13:13] {Threei} .9298
[13:13] {magoo} 9297
06[13:13] * Threei slaps magoo around a bit with a large trout
06[13:13] * magoo slaps Threei around a bit with a large trout
[13:13] {GeoArb} sheesh
[13:14] {Threei} reciprocation is the name of the game
[13:14] {GeoArb} i cant make money and type at same time
[13:15] {GeoArb} i just did :)
[13:15] {Threei} lol
[13:15] {GeoArb} so i am curious
[13:15] {Threei} practice makes it perfect
[13:15] {GeoArb} do you guys go half lot as this is rimm?
[13:15] {GeoArb} compared to UAUA?
[13:16] {Threei} half lot or less
[13:16] {Threei} but UAUA I often do double
[13:16] {GeoArb} yeah
[13:16] {GeoArb} thats what i did
[13:16] {GeoArb} nt the double though
[13:16] {GeoArb} not
[13:16] {GeoArb} you suck up all the liquidity
[13:16] {magoo} 300-500 shares here rimm..aapl
[13:16] {GeoArb} oops
[13:16] {GeoArb} i was in 800
[13:16] {Threei} market weakens
[13:17] {GeoArb} banked 600 on 1:1 though
[13:17] {GeoArb} was late entry at .52
[13:18] {Threei} RIMM holding rather well
[13:18] {GeoArb} yeah
[13:21] {Threei} pssst RIMM... that's me at .9296
[13:21] {magoo} wjheresyour exit vad?
[13:21] {Threei} not telling you
[13:21] {Threei} you'll undercut me again
[13:25] {magoo} vad, would u say corellation isd weakening between uyso and uaua?
[13:31] {Threei} I said it a few times
[13:32] {GeoArb} wo......
[13:32] {GeoArb} testy
[13:32] {GeoArb} summer blues
[13:32] {GeoArb} (no fish)
[13:32] {Threei} WHITE HOUSE: US PRESIDENT BUSH WILL RELEASE STATEMENT REGARDING THE CONFLICT IN GEORGIA LATER TODAY
[13:32] {Threei} - Notes that Russia is making several irrational decisions such as recognizing Georgian rebel regions which raises serious questions on Russia's ability to keep its commitments.
[13:32] {Threei} - White House also refuting allegations from the Russian president that the US is providing arms to Georgia
[13:33] {GeoArb} quick question about routing
[13:33] {GeoArb} whats diff between ISLD ARCA INCA NSDQ?
[13:33] {GeoArb} i got memo that all ISLD will be replaced by NSDQ
[13:33] {magoo} letters
[13:33] {GeoArb} hmmmm
[13:33] {dino} ctcm stopped -.21
[13:33] {GeoArb} :)
[13:34] {GeoArb} something to do with nasdaq insisting on internal routing
[13:34] {Threei} bounce time
[13:36] {GeoArb} no mas?
[13:47] {GeoArb} rimm leading NQ?
[13:48] {Threei} following IMO
[13:48] {GeoArb} ok
[13:48] {GeoArb} so i checked memos
[13:48] {GeoArb} seems isld is being retired
[13:48] {Threei} it merged with INET, no?
[13:48] {magoo} cvorrcty
[13:49] {magoo} WOWQ
[13:49] {magoo} WOW
[13:49] {Threei} lol
[13:49] {magoo} correct
[13:49] {GeoArb} the new code i am being asked to use isnt even INET or INCA but NSDQ
[13:49] {GeoArb} plain old nasdaq
[13:49] {Threei} one more leg down is coming it seems
[13:50] {GeoArb} you short vad?
[13:50] {Threei} UAUA, just for a scalp
[13:50] {GeoArb} ok
[13:50] {Threei} covering here
[13:50] {GeoArb} nice downtrend in last hour
[13:52] {dino} sm l ilmn .65, stop .33
[13:55] {Threei} Reminder, later this afternoon the FOMC minutes will be released
[13:55] {Threei} 5 minutes
[14:00] {esemde} I'm outta here....didn't get a chance to really watch today.....one radio and one TV interview already today....Vad my Rhythm and Blues Band The Midnights are playing in the inner harbour Monday...maybe see you there
[14:00] {Threei} what time ese?
[14:01] {esemde} 4:30 time slot.....
[14:01] {Threei} gotta be at dinner at 6...
[14:01] {Threei} will probably miss your performance :(
[14:01] {Threei} *MINUTES OF AUG FOMC MEETING: GENERALLY SAY NEXT MOVE WAS AN INCREASE IN RATES, VOICED CONCERNA BOUT SLOWINER CONSUMER, CONCERNED INFLATION WOULD NOT RECEDE INTO 2009
[14:01] {Threei} - Say markets are fragile, raising capital dificult for banks
[14:01] {Threei} - Divided over inflation risks rising or falling
[14:02] {Threei} - Sees pressure remaining on GSEs, investors less worried
[14:02] {Threei} - Noted that exports caused a big stimulus, but are seen as possibly waning in the future
[14:03] {Threei} - Staff LoweredGDP forecast in 2H08 and 2009
[14:18] {dino} ilmn stopped
[14:19] {Threei} 3PM FDIC Q2 "PROBLEM INSTITUTIONS" REPORT: 117 OF BANKS ARE TROUBLED, UP FROM 90 IN Q1; $78.3B IN ASSETS LISTED - CNBC
[14:19] {Threei} - note: As of March 31st (Q1), 90 troubled banks were on the report, up from 76 in Q4 2007.{XLF}
[14:19] {dino} fmcn sm l .36
[14:30] {Threei} I guess I picked a wrong week for vacation
[14:30] {Threei} this one would be more appropriate
[14:31] {magoo} really
[14:32] {magoo} nothin f'n works
[14:32] {dino} very small cme l .70
[14:34] {Threei} you watched UAUA just now
[14:34] {Threei} ?
[14:35] {Threei} that was something
[14:39] {magoo} mark your notes vad thois is THE week to plan trading room cruise
[14:39] {magoo} or vegas
[14:39] {Threei} well, funny thing is,
[14:39] {Threei} when August is dead as usually,
[14:40] {Threei} this last week is when things started slowly picking up in the past
[14:40] {Threei} as traders started positioning for actvity increase
[14:40] {Threei} so I though beginning of August would be better idea
[14:40] {Threei} but this year everything is wierd :)
[14:42] {Threei} overall, I guess we can't complain
[14:43] {GeoArb} i have a friends who trades prop
[14:43] {Threei} we got one dead week for whole summer
[14:43] {GeoArb} he said top 2 traders on vacation this week
[14:43] {Threei} good timing
[14:43] {GeoArb} the third one decided to go on vacation today !!!!
[14:43] {GeoArb} after watching first half
[14:43] {GeoArb} lol
[14:43] {dino} i was a week early
[14:44] {Threei} (FR) FRANCE FOREIGN MIN KOUCHNER: WE FEAR WAR, DO NOT WANT ONE
[14:44] {Threei} what kind of comment is that?
[14:45] {Threei} (US) US PRES BUSH CONDEMNS RUSSIA'S DECISION TO RECOGNIZE GEORGIAN REBEL REGIONS AS INDEPENDENT
[14:45] {Threei} - Pres Bush notes Abkhazia and South Ossetia belong to Georgia and must continue as part of Georgia
[14:45] {Threei} - Also says Russia's irresponsible moves on Georgia must be reversed
[14:51] {Threei} EWW is ETF of what?
[14:51] {Threei} I mean... how can you not short such name?
[14:52] {Threei} reminds me of a stock I shorted once just because of company name, it was SouthDown
[14:54] {Threei} Mexico Index Fund
[14:55] {GeoArb} well that is south down
[14:55] {Threei} lol
[15:06] {judijim} done for the day, take care, be back tomorrow
[15:06] {Threei} take care jj
[15:08] {dino} cya jj
[15:12] {dino} fmcn stop to .49
[15:20] {dino} to .66
[15:20] {dino} to .74
[15:23] {dino} out fmcn .78 +.43
[15:23] {dino} .42
[15:25] {Threei} CLNE?
[15:26] {GeoArb} buy sel?
[15:26] {GeoArb} comon comeon
[15:26] {GeoArb} (finally something)
[15:26] {Threei} do you believe in Pikkens?
[15:26] {Threei} Pickens
[15:26] {Threei} whatever
[15:26] {GeoArb} heheh
[15:26] {GeoArb} was googling
[15:26] {dino} clne, pelosi invested, cramer pushing
[15:27] {dino} lgn stations for cars
[15:27] {Threei} it's his company, right?
[15:27] {GeoArb} i thinkk so
[15:27] {GeoArb} but i though going against exxon was unamerican
[15:27] {dino} bwld stopped -.35
[15:29] {GeoArb} http://www.pickensplan.com/news/
[15:30] {dino} ouch ilmn
[15:30] {dino} think cedc is dieing on the russia issue
[15:39] {GeoArb} man my fingers are hurting from all the trading
[15:39] {Threei} lol
[15:40] {GeoArb} or is it from twiddling my thumbs?
[15:41] {Threei} mine go numb from holding eyelids open
[15:42] {Threei} I need to start using scotch tape for that
[15:43] {Threei} I can't make up my mind dino
[15:44] {dino} w/what tape or thumbs?
[15:44] {Threei} CEDC
[15:44] {Threei} on one hand, yeah, being located in Poland... not a very good thing considering the circumstances
[15:44] {GeoArb} lots of sabre rattling
[15:44] {Threei} on another, their product is bound to gain a lot of popularity in cae f tensions increase
[15:44] {dino} oh, yeah, i think that is the issue, major exporter
[15:45] {GeoArb} they just want respect (and control of former vassals)
[15:45] {dino} i was waiting at 56
[15:45] {dino} overthought it
[15:48] {dino} sohu stop to .19
[15:49] {dino} make it .32
[15:50] {dino} out .28 slip, +.18
[15:50] {dino} well, that sucked
[15:54] {Threei} ok guys, let's end the torture
[15:54] {Threei} thank you all, have a good evening
[15:54] {Threei} see you tomorrow
[15:54] {GeoArb} thanks va
[15:54] {GeoArb} d
[15:55] {Threei} oh btw
[15:55] {Threei} tomorrow beofre open SOLF earnings
[15:55] {Threei} could be interesting
[15:55] {dino} gn vad
[15:55] {peterg} okdoky thks bye all
