RealityTrader Trading Log

Friday, February 29, 2008

Feb 29 2008

[08:38] {magoo} morning
[08:38] {patience} morning magoo :)
[08:47] {Threei} Good morning
[08:47] {Threei} US TSY PAULSON SAYS OPPOSES GOV'T INTERVENTION IN HOUSING THAT WOULD BAIL OUT SPECULATORS - WIRE CITING RADIO INTERVIEW
[08:53] {esemde} good morning.....
[08:53] {Threei} ese :)
[08:54] {patience} ese :)
[08:54] {esemde} morning patience
[08:54] {esemde} hows the forex biz these days
[08:54] {patience} past few days have been excellent
[08:55] {esemde} what are you into if I may ask
[08:55] {patience} yen and canadian calls
[08:55] {Threei} I know what I am into... I am into non-interrupted crying over meteoric rise of canadian dollar
[08:55] {patience} june contracts
[08:56] {esemde} good on ya....
[08:56] {patience} ty
[08:57] {esemde} OVTI...showing up on my pre scan alot ...news?
[08:57] {cosmo} OmniVision Q3 profit tops Wall Street view; shares riseat Reuters(Thu 5:40pm)
[08:57] {Threei} 02/28/08 04:15pm [OVTI] Reports Q3 $0.55 v $0.46e, R $224.9M v $225.1Me
[08:57] {cosmo} # OmniVision Predicts 4Q Sales Below ViewsAP(Thu 5:22pm)
[08:57] {esemde} ahhhhh....
[08:57] {esemde} looks promising
[08:58] {cosmo} mixed
[08:58] {Threei} yeah
[08:58] {Threei} beat earnings, lowered guidance
[08:58] {magoo} deck reported last nite..got hit all way down to 108
[08:58] {magoo} i thought it was good report, u got anything vad?
[08:58] {esemde} ouch...
[08:59] {Threei} 02/28/08 04:00pm [DECK] Reports Q4 $2.69 v $2.41e, R $194.2M v $184Me
[08:59] {Threei} - Gudes Q1 EPS "the same or modestly higher than 2007" (implies $0.75+ v 0.92e); guides Q1 sales growth 25% y/y (implies Q1 R$90.8M v $89.6Me).
[08:59] {Threei} - Guides 2008 EPS up 20% (implies $6.07 v $5.82e).
[08:59] {Threei} - Guides 2008 sales growth 25% (implies 2008 R$561Mv $531Me).
[08:59] {Threei} - Expects earnings to grow at a slower pace in the first half.
[08:59] {cosmo} OVTI pre mkt high = 15.65 fwiw
[09:01] {dptl} good morning all
[09:01] {Threei} dp :)
[09:02] {esemde} dp
[09:06] {Threei} OK guys, we have two-pronged reason to stay on careful scalping only side today
[09:06] {Threei} one is obvious, this is Friday
[09:07] {Threei} another is, we had unusually easy day of trading yesterday
[09:07] {Threei} and the way things lately, market will punish any complacency we allow ourselves to get into
[09:08] {esemde} wasn't there for the whole day Vad....what do you mean by unusually easy
[09:08] {bruce} jump for joy - leap year is here
[09:08] {Threei} nice and easy to read moves on stocks that rarely are easy
[09:08] {Threei} bruce :)
[09:08] {bruce} vadster
[09:08] {esemde} hmmmmmm
[09:08] {Threei} AAPL for instance
[09:08] {esemde} bruce
[09:08] {bruce} hey ese
[09:09] {Threei} we played it several times, on both sides long and short,
[09:09] {esemde} well done gents
[09:09] {Threei} dptl was so oblivious to the "tough market" mantra that actually allowed himself to get full point profit on one of the calls,
[09:09] {Threei} made me jealous so on next one I did the same
[09:09] {Threei} and beat him by one cent
[09:09] {esemde} any reason for
[09:09] {Threei} (my darn competitive nature)
[09:10] {esemde} these easy moves....indexes predictable
[09:10] {esemde} ???
[09:10] {Threei} who knows... as a trader I don't ask why when I get easy ride, I simply kill a chicken and lay entrails to the feet of trading gods
[09:11] {dptl} lol
[09:11] {esemde} now that is an analogy....that i haven't heard before
[09:12] {Threei} requirement is to bring one's finest cheeses... but I love cheese myself so I cheat and give them what I don't eat anyway
[09:13] {Threei} so... under risk to be slapped silly by magoo, I intend (at least so far) to stay on conservative side, take only trades offering the least risk and be very picky overall
[09:13] {Threei} welcome to the room jjthetrader
[09:16] {Threei} welcome to the room ThurstonHowellTheThird
[09:16] {ThurstonHowellTheThird} good morning
[09:16] {Threei} gosh... what a nick, lol
[09:16] {dptl} lol
[09:16] {Threei} good luck typing it whoever wants to greet new guy {G}
[09:16] {magoo} morn the third:)
[09:16] {Threei} oops
[09:16] {Threei} magoo simplified it
[09:16] {Threei} took easy way out eh?
[09:17] {ThurstonHowellTheThird} sounds good to me
[09:17] {bruce} patience -sounds like you're long can dollar - you still see itrising against US?
[09:17] {patience} no idea. i'm guessing u.s. dollar is bottoming. but really have no idea
[09:17] {dino} gtm all brb
[09:18] {Threei} dino :)
[09:18] {bruce} dino
[09:18] {bruce} k thanx patience
[09:18] {Threei} fed really should stop pumping liquidity in
[09:18] {Threei} and cutting rates
[09:19] {bruce} they're reallyacting as if running scared vad
[09:20] {Threei} prolonging agony, staying in denial, posptponing inevitable and actually making the eventual outcome worse
[09:20] {bruce} putting in my bids for msft - 3 bucks - goog - 1.75
[09:20] {Threei} nice prices
[09:20] {Threei} if it gets there I will try to outbid you
[09:20] {bruce} lol
[09:21] {Threei} I won't hesitate to pay 1.76 for GOOG
[09:21] {bruce} stqarbucks - 22 c
[09:21] {Threei} that one you can have, I hate their coffee
[09:21] {bruce} don't tell that to seattle natives
[09:22] {Threei} as long as I am separated by the body of water from them...
[09:23] {bruce} its a nice swim
[09:23] {bruce} aapl looks like it may have made a botom near 120
[09:23] {bruce} anybody swing trading it?
[09:24] {Threei} AAPL? swing trading?
[09:24] {Threei} I am shuddering
[09:25] {Threei} once again guys, don't push, let's be picky and careful
[09:25] {Threei} wait patiently for low risk setups
[09:26] {cosmo} i only buy fresh tulips...
[09:29] {bruce} lol cosmo
[09:29] {bruce} the moneys in tulip futures
[09:29] {Threei} tulip futures = bulbs
[09:29] {_leo1} HI
[09:30] {Threei} leo :)
[09:30] {esemde} SAPE...
[09:30] {lumdus} gm to the whole crew.
[09:30] {Threei} lum :)
[09:31] {Threei} OVTI
[09:31] {Threei} half lot short .20
[09:31] {Threei} stop over .40
[09:33] {Roman}
21 OVTI triggered?
[09:33] {Threei} no
[09:34] {Threei} hopefully forms lower high for tighter stop placement
[09:36] {tomg} gm all
[09:36] {Threei} tom :)
[09:36] {tomg} welcome to the room Thurston
[09:36] {tomg} and jjthetrader
[09:36] {Threei} stop is still .41 for OVTI
[09:36] {ThurstonHowellTheThird} thaks
[09:37] {Threei} topped out at resistance on bounce
[09:37] {Threei} and I had no guts to short it there
[09:37] {jjthetrader} thanks
[09:37] {Threei} dropped about 10-15 cents quickly after triggering
[09:38] {Threei} let's see if it want to show respect and die
[09:38] {Threei} reminder, half lot guys, it's a bit more jumpy than I like for a friday
[09:38] {bruce} in ovti .25
[09:39] {esemde} SAPE...long 7.37 or short 7.16??
[09:40] {Threei} what's with MNTAS? I don't see news
[09:40] {Threei} this is "whatever triggers fiirst" case ese
[09:40] {esemde} 1/4 loss not as big as expected
[09:40] {Threei} MNTA?
[09:41] {Threei} OVTI stopped
[09:41] {cosmo} OVTI pre mkt high = 15.65 fwiw
[09:42] {cosmo} testing
[09:42] {Threei} starts looking like one of those that gap up, cxonsolidate and continue running
[09:42] {Threei} ese, if you took SAPE on break, stop is .19 IMO
[09:43] {esemde} long SAPE .42
[09:43] {bruce} nvda short vad?
[09:44] {Threei} overall yes but I hate shorting this one on breaksdowns
[09:44] {bruce} k
[09:44] {Threei} better try to catch a bounce
[09:45] {Threei} FEB CHICAGO PURCHASING MANAGER'S INDEX: 44.5 V 49.5E
- sub-indices:
[09:45] {Threei} - Prices Paid: 79.4 v 81.7 last
[09:45] {Threei} - New Orders: 48.8 v 44.7 last
[09:45] {Threei} - Employment: 33.5 v 47.0 last
[09:45] {Threei} - Inventories: 46.0 v 51.1 last
[09:45] {Threei} - Supplier Deliveries: 39.6 v 61.7 last
[09:45] {Threei} - Production: 46.5 v 51.3 last
[09:45] {Threei} - Order Backlogs: 38.3 v 48.0 last
[09:45] {bruce} k
[09:45] {lumdus} wow , we going down nicely
[09:46] {Threei} tell it to AKAM
[09:46] {Threei} HEARING TAKEOVER CHATTER CIRCULATING- AT&T rumored as potential acquirer
[09:47] {lumdus} will go long adsk above 32
[09:47] {lumdus} l adsk 32.00 stop 31.94
[09:48] {lumdus} oin - .06
[09:49] {Threei} OVTI .75 long, half lot, stop .59
[09:50] {Threei} last attempt on it, if not cooperating, abndoning it
[09:51] {lumdus} vad, have you noticed alot of low priced stocks going up lately ?
[09:51] {dino} solars getting bids
[09:52] {Threei} yeah lum, even IVAN is hitting highs, lol
[09:52] {Threei} move your lazy butt OVTI
[09:53] {Threei} 1:1 and over
[09:53] {lumdus} vad, that is waht i am saying .. that is why my shift to some of these play aka ctum etc.
[09:53] {dino} grmn l .10 stop lod
[09:53] {lumdus} ovti stop .75 or sell all
[09:53] {lumdus} ?
[09:53] {Threei} at your discretion
[09:54] {lumdus} 15.77 firm stop
[09:54] {Threei} as I stated before opening, this is scalping day for me
[09:54] {lumdus} oh ok .. will sell if goes below .85
[09:55] {magoo} deck short vad?
[09:55] {Threei} FEB FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 70.8 V 70.0E
[09:55] {Threei} DECK is way beyond my risk tolerance magoo
[09:56] {Threei} 2 dollars move in a single breath
[09:56] {lumdus} hmm ovti if you break 16 i hold you alot more
[09:56] {Threei} for you patient types, OVTI is at 1.5:1
[09:57] {lumdus} out ovti .98
[09:57] {lumdus} tx vad
[09:57] {Threei} welcome
[09:58] {Threei} it still owes me a bit, first stop was bigger than this win
[09:58] {Threei} but I foprgive it... will see what else is out there
[09:58] {lumdus} i missed it the first time,
[09:58] {Threei} lol, good for you
[09:59] {Threei} actually 16 break is another long trigger on it but risk is higher here
[09:59] {Threei} valid with .84 stop
[09:59] {magoo} thats my .99 right now
[09:59] {lumdus} not in a trading mood yet, still need to wake up here.
[10:00] {Threei} invalidated if loses .85
[10:00] {bruce} coffee lum - starbucks
[10:01] {Threei} done with OVTI, off my screen
[10:01] {cosmo} gee...picky
[10:01] {Threei} and capricious
[10:01] {cosmo} hmm
[10:02] {bruce} cmed dino
[10:03] {Threei} can't believe VLNC
[10:03] {lumdus} l gld 95.93 stop 95.92
[10:03] {Threei} remember where it was called as swing trade?
[10:03] {Threei} friking 2.35
[10:06] {dino} tighten grmn to .98 not moving
[10:06] {cosmo} GXDX: Genoptix prices a 2.08 mln share common stock offering at $25.50/shareBriefing.com(Fri 7:31am)
[10:07] {cosmo} ... and miky likes it....
[10:07] {Threei} AAPL long for a quick scalp
[10:07] {Threei} stop under .20
[10:08] {Threei} don't chase it over .40
[10:08] {lumdus} in .23 stop .15
[10:09] {Threei} perfect entry, very tight stop, now it's up to market to decide its fate
[10:10] {lumdus} out already
[10:10] {lumdus} got .33
[10:10] {Threei} yup, quick scalp is original intend
[10:10] {lumdus} +.10 is fine with me, that's the intent today . no long haul stuff
[10:10] {Threei} market getting nervous, don't oversit
[10:11] {Threei} short starts looking like path of least resistance
[10:12] {dino} grmn stopped -.12
[10:13] {Threei} AAPl short closer to 128
[10:13] {Threei} fast fingers only
[10:14] {Threei} don't shoet on price alone, watch for it to stall
[10:14] {lumdus} that excludes me then
[10:14] {Threei} if styas under .75 from here, , can try and short .50 breakdown
[10:15] {lumdus} in sds 63.49
[10:15] {lumdus} stop 63.29
[10:15] {magoo} pretty hard sell here mkt
[10:16] {Threei} on no news
[10:16] {Threei} kind of "reality sets in"
[10:16] {Threei} it's still bear market after all
[10:22] {lumdus} sds stopped me. bear market it is.
[10:27] {Threei} RIMM short .15 if stays under .30; otherwise, look to short on bounce closer to .50
[10:29] {lumdus} short .54 stop .65
[10:29] {lumdus} rimm
[10:30] {lumdus} here or i am out
[10:30] {Threei} market's dropping hard, AAPL too
[10:30] {lumdus} stop .34 protect .20 profit at least
[10:31] {Threei} RIMM catches up
[10:31] {lumdus} yeah, but my scalp is alredy payed for. not looking to lose it.
[10:31] {lumdus} out .36
[10:31] {lumdus} +.18 tx vad
[10:31] {bruce} adsk short vad?
[10:31] {Threei} .40 trigger bruce
[10:32] {bruce} k
[10:32] {Threei} .55 stop
[10:32] {Threei} .61 is valid too, depending on your position size
[10:32] {lumdus} s adsk 31.38 sto p31.62
[10:33] {tomg} vad, i've still got 100 ovti
[10:33] {tomg} ?
[10:33] {Threei} from what price tom?
[10:33] {tomg} 15.80
[10:34] {Threei} either put stop at .75 and let it trade
[10:34] {Threei} or just take it off the table and move to better things
[10:35] {tomg} ok, ty
[10:35] {Threei} it's not really readable between .75 and 16
[10:35] {Threei} just noise
[10:35] {Threei} if breaks any of those, becomes more understandable
[10:35] {lumdus} adks ned to go now
[10:37] {lumdus} adsk above .40 and i out, not falling hard enough yet.. we need to hit with that trout stuff
[10:38] {Threei} that's way too tight lum
[10:38] {Threei} too easy to get shaken out of a nice trade
[10:38] {Threei} .51, OK
[10:39] {dino} cmed sm l .99
[10:39] {lumdus} i want to protect my profits from today. you gave me aaapl and rimm don't want to mess it up
[10:39] {Threei} market looks like ready for the next leg down
[10:40] {lumdus} hmm, i guess i am reading it wrong. to me i see a bounce a hard one now..
[10:40] {lumdus} out adsk .28 +.10
[10:40] {Threei} of course in light of recent action it means it's going to spike 20 points now
[10:41] {lumdus} l rimm 106.33 stop
[10:41] {lumdus} big stop 105.99 crap..
[10:42] {Threei} careful lum, today is clean bear so far
[10:42] {lumdus} ok, yeah, looks like bad trade here.
[10:43] {lumdus} i thought it was bouncing here.
[10:43] {Threei} it very well may
[10:43] {Threei} it just wasn't compelling trade
[10:43] {lumdus} i stop now 106.06
[10:43] {lumdus} so only .25 loss if i get stopped.
[10:43] {Threei} kind of coin toss
[10:44] {lumdus} well it did base and show some strength
[10:45] {Threei} here it goes
[10:45] {lumdus} 106.19 stop
[10:46] {lumdus} was hoping for 107, but taking way to long .. in the bear market
[10:47] {Threei} FED'S ROSENGREN: RATE CUTS MAY SIGNIFICANTLY HELP HOUSING SECTOR
[10:47] {Threei} idiot
[10:47] {lumdus} stop at b/e 106.34
[10:47] {lumdus} why he idiiot ?
[10:48] {Threei} not sure... maybe was born this way, maybe got stupid in a process of living
[10:48] {Threei} they cut rates, mortgage rate goes up
[10:48] {Threei} who is benefitting?
[10:48] {lumdus} the banks i guess
[10:49] {lumdus} ok, let's watch rimm
[10:49] {Threei} homeowner? or banks get their funding and ease liquidity crunch on the backs on honest mortgage payers?
[10:49] {Threei} and to the heck qith inflation
[10:49] {lumdus} vad, rimm.. help her
[10:49] {Threei} ah just take profit
[10:50] {lumdus} .79 stop .. i can't just sell
[10:50] {Threei} you have 50 cents, what do you want?
[10:50] {lumdus} ok out .77
[10:50] {dino} gfig
[10:50] {Threei} this market changes on a dime
[10:50] {lumdus} +.47
[10:51] {lumdus} now, back to mortage rates..
[10:51] {Threei} lol
[10:51] {lumdus} vad, in middle of a trade, i need to concentrate..
[10:51] {Threei} really?
[10:51] {Threei} I gotta try that
[10:52] {Threei} I tend to fall asleep when in trade
[10:52] {dino} l gfig sm wide .10
[10:54] {dino} gfig stopped
[10:54] {bruce} aapl looking like it wants to go long vad
[10:54] {Threei} true
[10:54] {Threei} .50 break... risky as hell
[10:55] {lumdus} enough for me this morning. see ya later.
[10:55] {Threei} take care lum
[10:55] {bruce} was thinking pullback to 127.10 in aapl w 25 c stop
[10:55] {Threei} sure... just different way of entry
[10:56] {dino} copla sm wide l .70
[10:57] {Threei} AKAM wants another round
[10:57] {Threei} ugh, broke while I typed
[10:57] {Threei} don't chase, let's try to catch pullback
[10:59] {Threei} .25 was break trigger, so want it around .20-.25
[10:59] {Threei} stop is under .10, and stock is bolatile
[10:59] {Threei} half lot will be appropriate
[11:00] {Threei} anyone managed to catch any of those prints around .25?
[11:01] {Threei} just so I know if anyone needs further comments
[11:01] {Threei} if not let's consider it missed trade
[11:01] {Threei} FED'S MISHKIN: SUSPICIOUS ESTIMATE OF CREDIT LOSS TO BE 1.3% OF GDP
[11:02] {dino} rinse on gfig
[11:05] {Threei} POT is short on bounce
[11:05] {Threei} closer to 160 I'd like
[11:06] {Threei} doesn't look like getting there
[11:09] {Threei} RIMM long .61
[11:09] {Threei} tight stop, just under .50
[11:10] {Threei} invalidated
[11:11] {Threei} will be valid again if not losing .50 anymore
[11:11] {Threei} same condition
[11:12] {Threei} watching POT
[11:13] {magoo} as short right?
[11:13] {Threei} yes
[11:14] {Threei} too volatile, can't nail entry
[11:15] {bruce} any read cmed vad - looks like long on 48 break - samll - risky
[11:15] {Threei} chart is right
[11:17] {bruce} another possibility is nvda long on .57 break - stop would be small
[11:20] {Threei} NASDAQ stalled for the last hour
[11:20] {Threei} very narrow range
[11:20] {Threei} until it resolves, any trade is more of a guess
[11:20] {bruce} k
[11:21] {dino} fwiw bruce i'm l cmed .99
[11:21] {dino} sm
[11:22] {bruce} k dino
[11:22] {bruce} I'm still watching it
[11:24] {dino} don't go off of me, slumping this week
[11:26] {bruce} k - looked like you had good day on tuesday
[11:27] {Threei} RIMM .19 short, .31 stop
[11:28] {dino} that was it
[11:28] {bruce} k
[11:29] {bruce} in rimm s .20
[11:29] {Threei} 1:1 RIMM
[11:29] {bruce} nice tight stop vad
[11:29] {tomg} have a nice weekend everyone, see ya monday
[11:29] {Threei} take care tom
[11:29] {Threei} out RIMM
[11:29] {dino} cya tom
[11:30] {Threei} +.21
[11:30] {Threei} too soon... what else is new
[11:30] {dptl} +/17 ty
[11:30] {Threei} welcome
[11:30] {Threei} bruce will make a buck on it and laugh at us
[11:30] {bruce} out rimm + .46
[11:31] {Threei} there
[11:31] {Threei} isn't it disgusting
[11:31] {bruce} sheesh
[11:31] {Threei} lol
[11:31] {bruce} really needed that win vad
[11:31] {Threei} wtg bruce
[11:31] {Threei} so far, today is nothing like yesterday, much tougher day
[11:32] {dino} gj guys
[11:32] {bruce} k - definitley tough day for me - that was first win
[11:32] {bruce} figures - I'm away markets behave nicely
[11:32] {Threei} so you milked it for all it was capable of
[11:33] {bruce} still trying to get feel for thse kind of moves vad
[11:34] {Threei} I was very tempted to say "yeah me too"
[11:34] {Threei} then decided my wierd sense of humor will get me in troubles once again
[11:34] {dino} cmed stopped
[11:34] {magoo} OVTI went
[11:35] {bruce} wierdness pervaqdes this room vad
[11:35] * bruce slaps magoo around a bit with a large trout
[11:35] {bruce} there
[11:35] {bruce} I feel better already
[11:35] {Threei} you are still in OVTI mags??
[11:36] {Threei} tom OK, I can see him holding that long
[11:36] {magoo} no
[11:36] {Threei} but you?
[11:36] {Threei} you start slapping peole with trout if holding over 1 minute
[11:37] {bruce} thats just a release for an overall crappy day vad
[11:37] {Threei} so whiole I am at it... I stronlgy suggest new guys to duck when magoo unholsters that trout
[11:37] {bruce} time for some revenge trading
[11:37] {Threei} NVDA
[11:37] {Threei} long idea of .50 support
[11:38] {Threei} first strength from here
[11:38] {Threei} with stop as tight as they get
[11:38] {magoo} in .51
[11:38] {Threei} another way to play it is to put stop under .40
[11:39] {Threei} and let it play out, if it breaks .60 should be good for bigger move
[11:39] {Threei} if forces trying to keep market up are at work today again, they will do everything in their power to finish strongly today
[11:40] {Threei} so with 2 cents stop in one scenario or 12 in another... valid trade of support on pullback
[11:42] {Threei} here we go
[11:42] {magoo} like to .71?
[11:42] {Threei} hard core scalpers with stop at .49 have what 1:5?
[11:43] {Threei} hmmm
[11:43] {Threei} I can't assign numpers to the target mags
[11:44] {dino} cavm l .66, stop .34
[11:47] {magoo} that can't be it
[11:49] {bruce} l nvda .53
[11:51] {bruce} nvda gooing to put us to sleep
[11:54] {Threei} you sa it as if it were a bad thing
[11:55] {bruce} heck vad - that'll make us comatose - like you
[11:55] {Threei} again...
[11:55] {Threei} you say it as if it were a bad thing :)
[11:55] {bruce} lol - got me
[11:56] {bruce} we can do it as a range lay - in .52 out .55
[11:56] {bruce} over and over
[11:56] {Threei} lol
[11:57] {bruce} out
[11:57] {bruce} I was looking for move to about .70 like you mags
[11:57] {magoo} and with mkt pulling back
[11:57] {magoo} i am out
[11:59] {Threei} I am not sure I understand
[12:00] {Threei} if your stop was couple centsa, why not take at least part on 10 cents spike
[12:00] {Threei} and if your objective was for more, why so tight stop
[12:00] {magoo} actually, i just cut flat and reloaded lower is all
[12:00] {magoo} thought mkt was losing
[12:00] {Threei} risk/reward are part of the same equation
[12:00] {Threei} can't have one without the other
[12:00] {Threei} (Frank Sinatra)
[12:02] {bruce} looks like market selloff is coming mags
[12:03] {Threei} if it happens look to short RIMM .50
[12:06] {bruce} aapl hugging lows too vad - looks likewe csan take it short w fairly small stop
[12:09] {magoo} its all gonna depend on mkt
[12:10] {magoo} spike up they all gop
[12:10] {magoo} crash, we crash
[12:14] {bruce} thoughts on rimm vad? - looks like we need a stop to .90 if breaks down here
[12:14] {Threei} a bit too wide for my taste
[12:14] {bruce} same
[12:14] {Threei} if market breaks down fast, just short RIMM sggressively
[12:15] {Threei} that's if it pauses before dropping
[12:15] {Threei} if drops just as market does oh well
[12:15] {Threei} siply write it off as a trade than never gave you a chance
[12:17] * Threei slaps Laserdave1 around a bit with a large trout
[12:17] {bruce} aapl broke - miised it - could have got .80 with stop to .04
[12:18] {dino} cavm stop to b/e
[12:18] {magoo} anyone short RIMM here?
[12:19] {ThurstonHowellTheThird} .55
[12:19] {Threei} little help by market and should work
[12:19] {magoo} i sh @ .65
[12:21] {magoo} covered .50
[12:22] {dino} cavm stop to .96
[12:23] {bruce} cool beans mags -
[12:24] {dino} cmed blood
[12:24] {Threei} market is not giving many easy ones today
[12:24] {bruce} yeah- noticed that dino
[12:26] {bruce} market not giving many easy ones this year vad
[12:26] {magoo} shouldn't rimm bounce with mkt vad?
[12:26] {dino} glad i stopped
[12:26] {bruce} only if I short it mags
[12:27] {Threei} it did but somehow not very convincingly
[12:27] {magoo} are u bruce? lol
[12:27] {Threei} here goes your NVDA
[12:27] {bruce} not yet mags
[12:28] {dino} esrx l .48, stop .18
[12:28] {Threei} 11:39] {Threei} if forces trying to keep market up are at work today again, they will do everything in their power to finish strongly today
[12:29] {Threei} looks like they are
[12:30] {dino} i can only buy so much 3i
[12:30] {Threei} come on... sell farm and kids
[12:30] {Threei} I am switching to longs
[12:30] {bruce} especially kids
[12:30] {dino} would like too (not the kids)
[12:31] {dino} just got off the bat phone w/bernie
[12:32] {Threei} AAPL 127 break long if stays above .70
[12:32] {bruce} bernies the new butler?
[12:33] {bruce} poor alfred
[12:33] {dino} lol
[12:35] {dino} out cavm .96 +.30
[12:41] {magoo} mkt doing its best to rinse
[12:41] {bruce} aapl dropped to .68 - 127 break still valid?
[12:41] {Threei} not much surprise there... it does it regularly these days, and it's Friday
[12:42] {Threei} feels so if not losing support anymore bruce
[12:42] {bruce} k
[12:42] {Threei} NQ heard us
[12:42] {Threei} AAPL is holding though
[12:43] {dino} esrx stopped
[12:44] {bruce} riim skirting lows again
[12:47] {magoo} honestly, NVDA holds pretty well...just won't go
[12:50] {Threei} feeling that we are to see rally today gets stronger
[12:50] {bruce} sorry about esrx dino - long breaks not workingvery well
[12:50] {dino} cpla stopped too
[12:51] {dino} sh!t happens bruce, no worries. just making the vacation look better
[12:52] {patience} vad, is your feeling about a rally likely to be right at 1:00 or 2:00....lol. i have Dow puts and considering sellling
[12:52] {Threei} hmm
[12:52] {Threei} good question :)
[12:53] {Threei} in my mind, we are going through shakeouts before ramping up
[12:53] {magoo} dam..OVTI vad
[12:53] {Threei} hard to tell how long those shakes will take
[12:53] {dino} shaking me
[12:53] {bruce} we finally have a higher low in rimm if .54 holds now
[12:54] {Threei} OVTI pullbacks are too deep... otherwise, yeah, attacks highs time and again
[12:55] {Threei} not rushing into longs, want to see pattern confirmation first
[12:55] {magoo} prob prin 18
[12:56] {magoo} print
[12:56] {Threei} OVTI?
[12:56] {Threei} wow, 18 seems a bit too out there
[12:57] {esemde} .have a great weekend everyone...i'm now averaged in on SAPE at 7.21 3/4 lot...we'll see what happens at the end of the day...will not carry over the weekend
[12:57] {bruce} bye ese
[12:57] {Threei} take care ese, have a good one
[12:57] {esemde} see ya vad....
[12:58] {Threei} volume all but dries up on downticks
[12:58] {Threei} then violent upward move comes
[12:58] {Threei} typical rally preparation
[12:59] {magoo} nice observation boioss
[13:00] {Threei} what did you call me?
[13:03] {Threei} see what I mean?
[13:03] {magoo} yeah..i hadn't noticed
[13:03] {magoo} now watching thatv boioss
[13:03] {Threei} lol
[13:04] {Threei} AAPL broke resistance
[13:04] {Threei} NVDA trying
[13:04] {Threei} RIMM trying
[13:04] {Threei} anyone took AAPL, take profit or partial here
[13:04] {bruce} out aapl + .41
[13:04] {Threei} wtg
[13:04] {bruce} lucky
[13:05] {Threei} see NQ? how about that
[13:05] {bruce} thanx vad
[13:05] {Threei} welcome sir
[13:07] {dino} gj
[13:07] {dino} smmx
[13:08] {magoo} exiting NVDA here .66 TY
[13:08] {Threei} sure... but how about some faith
[13:08] {Threei} kidding
[13:09] {magoo} too bad theres a law against reentering pullbk
[13:09] {Threei} yup, you are forbidden from reentering
[13:10] {bruce} was just going to ask if aapl pullback would be good try
[13:10] {Threei} GOOG
[13:10] {Threei} COMSCORE CLARIFIES CLICKTHRU REPORT; SAYS NO EVIDENCE OF SLOWDOWN IN CLICKS - CNBC
[13:10] {dino} mnta
[13:11] {Threei} hmmm
[13:11] {Threei} CHNR
[13:11] {Threei} AGREES TO ACQUIRE COPPER SMELTER LOCATED IN INNER MONGOLIA
[13:11] {Threei} what, Mongolia is the next hot spot?
[13:11] {Threei} look at CHNR
[13:11] {bruce} great - really really really been looking forward to opportuhnity to trade googl;e
[13:11] {bruce} not
[13:11] {dino} sm s smmx .25
[13:12] * Threei books ticket to Mongolia to buy some property
[13:12] {patience} sold june and march Dow (DIA) puts, nice little profit :)
[13:12] {bruce} congrats patience
[13:13] {Threei} not sure what it means but congratulations :)
[13:13] {bruce} patience is buying the beer
[13:13] {bruce} with nigeria money vad?
[13:13] {bruce} nice combo
[13:13] {Threei} and ivory coast
[13:14] {patience} come to victoria bruce and i'll take you on a pub crawl of the local brew pubs
[13:14] {bruce} out aapl +.20
[13:14] {magoo} whats the better long vad? RIMM or AAPL
[13:15] {bruce} qucik scalp off 127
[13:15] {bruce} you're on patience
[13:15] {Threei} AAPl so far mags
[13:15] {dino} gj patience
[13:16] {dino} speaking of pub crawl, magoo, i re-stock the beer fridg today
[13:17] {bruce} magoos eyes brighten
[13:17] {Threei} you restock it and leave for vacation?
[13:17] {Threei} that's very kind of you
[13:17] {magoo} nice guy
[13:18] {bruce} you leaving next weak dino?
[13:18] {bruce} week
[13:18] {bruce} lol
[13:18] {dino} well, i thought since it is friday, we would have a few.
[13:18] {bruce} k
[13:18] {dino} yes bruce playa de carmen, mexico
[13:18] {bruce} hope maggs lets you have some
[13:19] {magoo} will not be any left
[13:19] {Threei} same pattern
[13:19] {bruce} have heard its a great vacation spot dino
[13:19] {Threei} bull flag, slow down, volume disappears, then sharp spike
[13:19] {dino} me too, looking forward to it, sunday to sunday
[13:19] {Threei} ashorts will get killed today
[13:20] {dino} smmx bstop to .84
[13:21] {dino} to .73
[13:22] {dino} cov .70, +.55
[13:23] {bruce} nice one dino
[13:24] {bruce} thats too short dino - you shoud stay another week
[13:25] {dino} lol
[13:25] {dino} don't think my body can handle much more that that, for the abuse
[13:25] {Threei} lol
[13:26] {bruce} oh?
[13:26] {bruce} you into dom mistresses down there or something?
[13:26] {dino} intend to eat and drink heavily
[13:26] {bruce} I thought that was mags thing
[13:27] {dino} indeed
[13:27] {bruce} myfamily wnet to mexico this past christmas - first time away for us dino
[13:27] {bruce} was gret
[13:27] {dino} should be fun group of 16 going, i believe the daytrading room
[13:27] {dino} good to hear
[13:27] {bruce} nice to go w friends
[13:28] {bruce} wrecked my knee playi9ng soccer first day
[13:28] * magoo slaps jjthetrader around a bit with a large trout
[13:28] {dino} yes, couple rounds of golf, maybe some fishing, etc
[13:28] {bruce} and was hopping for a month after
[13:28] {bruce} still - was nice to get away\
[13:28] {Threei} magoo gets violent
[13:29] {magoo} practicing
[13:29] {bruce} eah - mags is tstill warming up
[13:29] {bruce} look out thurston and jj
[13:30] {dino} efut
[13:30] {bruce} aren't there mayan ruins near where you're going dino?
[13:32] {Threei} NVDA is holding this pullback amazingly well
[13:33] {Threei} in AAPl for a scalp
[13:33] {Threei} .69 stop
[13:33] {Threei} out
[13:33] {Threei} easy money
[13:33] {magoo} out too
[13:34] {magoo} do it ahgain
[13:34] {dino} i think 3 hours away bruce, but if closer i'll check it out
[13:34] {dino} i do know that the resort has a tequilla bar
[13:34] {bruce} grmn double bottom here dino
[13:34] {dino} of which, i shall frequent
[13:35] {dino} feels lower. mkt fall
[13:35] {patience} naturally, i sold my puts
[13:35] {dino} going for -320 on dji
[13:35] {bruce} I usually stick to beer - I'm an easy drunk - doesn't take much tequila
[13:36] {Threei} fed opened their mouth again and spooked the market
[13:36] {Threei} FED'S POOLE: FED SHOULD GIVE PRIMACY TO INFLATION OBJECTIVE, MARKET PARTICIPANTS SHOULD BEAR THE COST OF BAD BETS- Says to avoid inflation, rate cuts should be reversed promptly once markets settle down.
[13:36] {bruce} maybe you should add forex and options to the room vad
[13:36] {bruce} patience to lead calls
[13:37] {Threei} FED'S LOCKHART: CONCERNS EXISIT ABOUT CONSUMERS' CAPACITY TO SPEND - Q&A
- Credit card debt, lower prices for homes, other assets could constrain spending.
[13:37] {Threei} - There is reason to be concerned on the health of community banks because of real estate exposure.
[13:37] {patience} i'll post my trades, just thought you guys didn't like options and currency stuff
[13:37] {bruce} media just keeps piling on bad news a bout real estate
[13:38] {Threei} FED'S EVANS: RISK TAKING IS AN INGREDIENT IN ECONOMIC GROWTH, POLICY MUST KEEP FOCUSED ON MEDIUM-TERM GOALS- Says it is an important question whether Fed policy responses will lead to further excesses in the future.
[13:38] {Threei} Poole's comment is what scared the market most of all
[13:38] {magoo} aapl bounce again vad?
[13:38] {bruce} meanwhile - 2 years back - media is in frenzy talking about how people are making fortunes in US real estate
[13:38] {bruce} thanx patience
[13:38] {Threei} not sure this time mags
[13:39] {magoo} they don't like anyone making money is it
[13:39] {magoo} good nvda vbounce area?
[13:39] {bruce} duty calls - taking break - doggy walk time
[13:39] {Threei} I would wait it out
[13:39] {Threei} see, what we have right now:
[13:40] {Threei} market prepared everything for a squeeze and actually started it,
[13:40] {Threei} then these comments hinting at possible end of rate cuts and even hikes scared the bejeezus out of market,
[13:41] {Threei} now it's matter of "shrug it off and do what intened" or "OK, Plan B" for the market
[13:41] {Threei} kind of starting it all over again,
[13:41] {Threei} so I want to see confirmation again
[13:59] {magoo} down 2650
[13:59] {magoo} vad
[13:59] {Threei} ?
[14:00] {magoo} mkts 260
[14:00] {Threei} gosh
[14:00] {Threei} you scared the living daylight out of me
[14:01] {dino} 35 to g0
[14:01] {patience} look at that bastard dow....my paycheque could have been bigger today...the dog
[14:02] {dino} greed is good, huh patience? :)
[14:02] {patience} i'm just p.o.ed
[14:03] {dino} i know, just busting
[14:03] {Threei} one more leg down before bounce
[14:08] {magoo} nvda bounce? aapl/
[14:09] {Threei} AAPL is my choice
[14:09] {Threei} NQ turn up from here is entry signal;
[14:10] {magoo} where u think?
[14:10] {Threei} NQ greening
[14:10] {magoo} huh?
[14:11] {Threei} wave of green on the tape at the moment
[14:11] {Threei} AAPL was around .07 - .13
[14:12] {Threei} same situation
[14:12] {Threei} selling pressure still
[14:13] {Threei} not as clear right now, on a sideline
[14:13] {dino} akam spike
[14:16] {lumdus} go away a few hours and dow down 281 .
[14:16] {Threei} ahhh... it's lum's fault
[14:16] {lumdus} not great, but good prediction by vad this am
[14:17] {lumdus} well, you know i put alot of money in that other stock. not taking that out for a while.
[14:17] {Threei} am maybe but then I said rally lum {G}
[14:17] {lumdus} oh, when did you say rally ?
[14:17] {Threei} waited for you to leave
[14:17] {Threei} and rally actually even started... tyhen another talking head opened its big useless mouth
[14:17] {lumdus} ok, fine. i am out hunting now for some stock
[14:18] {lumdus} you seem to love the fed these days.
[14:18] {Threei} oh, I always loved them
[14:18] {Threei} the day fed is abolished will be the day US recovery starts
[14:19] {Threei} or maybe healing is the better word
[14:19] {lumdus} yeah, but your love is getting more and more every day for them.
[14:21] {bruce} watching cmed here dino -
[14:23] {dino} let me know
[14:23] {dino} cavm i'm watching too
[14:24] {bruce} will do - want to see it showing more strength
[14:29] {lumdus} in dna 76.18
[14:31] {Threei} AAPL 126 break long if stays above 125.80
[14:34] {bruce} mised cmed dino - sorry - my fault - wanted to see it pullback but it just kept rallying
[14:35] {lumdus} stop on dna 75.98
[14:35] {ThurstonHowellTheThird} Is there any way way to make this chatroom beep only when there is a post?
[14:36] {lumdus} and we all fall down . ..
[14:37] {Threei} try File-Options-Sounds-Beep on Channel message
[14:37] {ThurstonHowellTheThird} ok thanks
[14:38] {lumdus} 1:1 on DNA
[14:39] {bruce} Ilike cavm long here dino
[14:39] {lumdus} stop on dna 76.07 for now
[14:40] {dino} cavm l .04 stop .83
[14:42] {Threei} out AAPL here
[14:42] {Threei} looking to reenter on pullback
[14:44] {lumdus} stop on dna 76.17
[14:45] {lumdus} stop on dna 76.19 maybe it run to 78.00 if market behave
[14:47] {Threei} {AAPL} what pullback?
[14:47] {bruce} nice move on aapl vad -
[14:49] {Threei} RIMM long off pulback, stop under 105
[14:50] {Threei} hard to nail exact entry
[14:50] {bruce} any read on dtsi break vad?
[14:51] {Threei} ugh no
[14:51] {Threei} not the kind I would like to trade in this market
[14:51] {bruce} k
[14:51] {dino} darn, partial fill anly l .00
[14:53] {bruce} cmed consolidation here dino - high risk on break of46
[14:54] {lumdus} dna stop now 76.25
[14:55] {dino} gild sm l .60, stop .35
[14:56] {Threei} FED'S POOLE: FED SHOULD BE SLOW TO INTERVENE IN GENERAL, SHOULD LET MARKETS PLAY THEMSELVES OUT
[14:56] {dino} alny stop to .98
[14:58] {Threei} taking bets on markety direction for the last hour
[14:58] {dino} out alny .50, +1.50
[15:00] {Threei} dp, look dcc please
[15:00] {Threei} AAPL is back colser to support 126
[15:02] {bruce} I'm guessing market may go up down or sideways vad
[15:03] {Threei} hmmm
[15:04] {Threei} in
[15:04] {Threei} .87
[15:04] {Threei} .79 stop
[15:04] {magoo} in .95
[15:05] {Threei} chasing a bit
[15:08] {magoo} out 07
[15:10] {Threei} to short RIMM or not to short RIMM...
[15:11] {Threei} can't mske up my mind
[15:11] {dino} back to my coin flip market
[15:11] {bruce} airm spikes dino
[15:12] {patience} i say market goes down vad, my yen calls keep going up
[15:12] {Threei} yup, new low
[15:15] {Threei} AAPL .50 short
[15:16] {dino} cavm stopped
[15:16] {bruce} stop .75 or wso if aapl triggers?
[15:16] {Threei} so far over .70
[15:16] {Threei} over .75 invalidated
[15:18] {dino} esrx lod
[15:18] {dino} below jan lows
[15:18] {dino} esrx
[15:20] {Threei} no worky AAPL
[15:21] {Threei} RIMM was much better short, pciked wrong one for this move
[15:24] {Threei} for someone who was not going to be especially active today I think I overtraded...
[15:24] {Threei} 13 long trades, 9 wins 4 stops,
[15:24] {Threei} 12 short trades, 10 wins 2 stops
[15:25] {magoo} awqesome, and i lost today
[15:26] {dino} you're in the zone vad, great job
[15:27] {Threei} one thing I kept in line with plan was scalping
[15:27] {magoo} i having trouble keep[ing up with u
[15:27] {Threei} probably that's why so many trades, but percentage of wins is good
[15:27] {magoo} like that aapl, .07 obver your entry
[15:27] {Threei} didn't really oversit any of them
[15:27] {magoo} then, miss a scalp out
[15:27] {Threei} well, almost
[15:28] {Threei} yeah, not an evironment to chase mags
[15:28] {Threei} moves are so quickkly reversed, you don't have much room
[15:31] {Threei} today's selling is a good sober up... reminder that it's still a bear market
[15:34] {ThurstonHowellTheThird} testing
[15:34] {Threei} and?
[15:34] {ThurstonHowellTheThird} failed
[15:34] {Threei} lol
[15:34] {ThurstonHowellTheThird} my beep sound
[15:34] {Threei} click on some other window on your screen,
[15:34] {ThurstonHowellTheThird} isn't working
[15:34] {Threei} make this one inactive
[15:34] {Threei} that will be the test
[15:34] {Threei} it shouldn't beep if it's active
[15:35] {ThurstonHowellTheThird} oh ok , I see
[15:35] {Threei} let's test it now
[15:35] {Threei} click somewhere else
[15:35] {Threei} test
[15:35] {Threei} test
[15:35] {ThurstonHowellTheThird} it works , thanks
[15:35] {Threei} :)
[15:37] {Threei} -277 dow
[15:37] {Threei} -33 NQ
[15:37] {Threei} aand still, we haven't had any panic selling
[15:40] {magoo} and a friday
[15:41] {magoo} 300 down
[15:42] {Threei} cosmo
[15:42] {Threei} AOL is pulling plug oln Netscape tomorrow
[15:43] {dino} all things condidered, fwlt held well today for the beating it took the other day
[15:48] {dino} sirf stopped -.06
[15:49] {patience} have fun on your trip dino, good weekend to all, profitable day in spite of sloppy trading
[15:49] {lumdus} l rimm 108.84
[15:49] {lumdus} stop 103.79
[15:50] {lumdus} oin
[15:50] {lumdus} oin -.05
[15:50] {magoo} 329 dn
[15:50] {lumdus} 350 dn
[15:50] {lumdus} nice weekend al.
[15:51] {lumdus} tx vad for a great day
[15:51] {Threei} take care lum, have a good one
[15:51] {dino} seems i was wrong about -320
[15:51] {magoo} no panic either
[15:52] {bruce} have good holiday dino
[15:52] {dino} thanks patience
[15:52] {dino} ty bruce
[15:53] {dino} good luck next week to all
[15:53] {Threei} have a nice relaxing trip dino
[15:53] {Threei} OK guys, thank you all
[15:53] {Threei} have a good weekend
[15:54] {Threei} see you on Monday
[15:54] {magoo} TY vad, ill be in next week
[15:54] {ThurstonHowellTheThird} bye
[15:55] {dino} will do 3i, a bit burnt out lately
[15:59] {dino} take care all, backl on the 11th

Thursday, February 28, 2008

Feb 28 2008

Session Time: Thu Feb 28 00:00:00 2008

[08:24] {Threei} SEED got killed on earnings after hours
[08:27] {hawkfan4} crushed
[08:29] {Threei} GDP numbers in a few
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 373K V 350KE; CONTINUING CLAIMS: 2.807M V 2.785ME
- Prior jobless claims revised from 349K to 354K
[08:30] {Threei} - Prior continuing claims revised from 2.784M to 2.786M
[08:31] {Threei} Q4 PRELIMINARY GDP ANNUALIZED: 0.6% V 0.8%E; PERSONAL CONSUMPTION: 1.9% V 2.0%E
[08:31] {Threei} *Q4 PRELIMINARY GDP PRICE INDEX: 2.7% V 2.6%E; CORE PCE Q/Q: 2.7% V 2.7%E
[08:32] {Threei} XMSR REPORTS Q4 -$0.53 V -$0.63E; R $308M V $303.1ME
[08:45] {magoo} morning
[08:47] {Threei} magoo :)
[08:57] {Threei} RZ
[08:57] {Threei} SIGN AGREEMENT LEADING TO MANUFACTURE OF 100+ MPG PLUG-IN HYBRID VEHICLES WITH TECSTAR
- Companies are outlining their intent to work together to manufacture plug-in hybrid electric vehicles (PHEV) for utility, government, and other fleets.
[08:57] {Threei} - Co plans to have Tecstar convert popular SUV and light truck vehicles to 100 mpg plug-in series hybrid vehicles with 40 mile all electric range
[08:58] {Threei} AAPL looks happy so far
[09:01] {cosmo} LVLT: # Level 3 and IBM Announce Patent Cross-LicensePR Newswire(Thu 8:00am)
[09:01] {cosmo} 2.45 high so far
[09:02] {magoo} we been up 4 straight sessions now vad, sooner or later a normal pullbk at least imho
[09:05] {Threei} yes... but it's so obvious that I have hard time accepting it :)
[09:06] {dptl} good morning all
[09:08] {magoo} right, but i do not mean today, just aware of it
[09:08] {Threei} dp :)
[09:08] {magoo} most pain to most would be continued strength here
[09:09] {magoo} then when shorts capit and everybody just can not take being out and goes in long........POW BEAR TRAP
[09:09] {Threei} eqzaktly
[09:10] {Threei} bear rallies can be extremely powerful, and that's what we see
[09:10] {esemde} good morning.....
[09:10] {Threei} ese :)
[09:13] {dino} gm all
[09:13] {Threei} dino :)
[09:13] {esemde} dino
[09:14] {dino} :)
[09:15] {esemde} just reading your post mags about being up 4 sessions....seems like indexes are at the top of a consolidation ....possible breakout pattern
[09:18] {dino} pull up a chart take a look at ndx nov - feb
[09:19] {esemde} i'm there dino
[09:19] {Threei} clean bear
[09:19] {esemde} yup...
[09:19] {dino} top of recent range 1824
[09:19] {dino} 2/13
[09:20] {dino} 1/25 and 2/1 1864
[09:20] {esemde} yup...
[09:24] {esemde} hmmmm I still we have a bounce of some kind coming....maybe to1900 to 1950 level on the NDX
[09:25] {esemde} short covering bounce maybe?
[09:26] {Threei} quite possible ese... squeeze is a good way for bear market to make sure it proceeds lower with as few on board as possible
[09:27] {Threei} problem with reading it is, market is very subjected to all kinds of news/rumors, easily moved by them
[09:28] {Threei} slightest hint of those, and mood changes on a dime
[09:28] {Threei} that's how those insane spikes are created, like one on Friday
[09:28] {esemde} indeed
[09:29] {_leo1} hi
[09:30] {esemde} leo
[09:30] {Threei} leo :)
[09:31] {Threei} watching AAPL for bounce
[09:31] {magoo} me too
[09:31] {magoo} mkts down vad 91 though
[09:32] {Threei} from under 126
[09:32] {magoo} would have been great short..i was considering
[09:32] {magoo} 1215.50 more like
[09:33] {magoo} 125.50
[09:34] {Threei} scalped quickly on 126 cross back... you would have to be much quicker on the trigger than ii you waited for exact call
[09:37] {magoo} its gonna be a good short scalp
[09:39] {Threei} RIMM .20 break long
[09:39] {Threei} stop under 111
[09:39] {Threei} 1:2
[09:39] {Threei} out
[09:39] {Threei} 1:3, crying
[09:39] {Threei} 1:2 again, not crying anymore
[09:40] {magoo} i crying missed both calls
[09:40] {Threei} things happen very quickly this morning
[09:40] {Threei} crying again as RIMM hits 1:4
[09:42] {Threei} full buck
[09:43] {Threei} keeping an eye on COIN
[09:43] {Threei} despite SEED debacle shows strength still
[09:44] {Threei} AAPL 127.50 nearest support
[09:45] {Threei} won't hold probably
[09:47] {Threei} if holding above .30, .61 long
[09:47] {Threei} sheesh
[09:47] {Threei} don't chase
[09:48] {magoo} maybe rimm bounce vad? a little slower
[09:48] {Threei} whole trade would have taken like 5 seconds
[09:48] {Threei} and I missed it while typed, lol
[09:49] {Threei} 128 break long AAPl again if stays above .75
[09:49] {Threei} this one is less readable but still worth a try
[09:50] {magoo} in
[09:50] {magoo} ,095
[09:50] {magoo} .95
[09:50] {Threei} RIMM is coming into bounce level too
[09:52] {Threei} oversat AAPL probably, wanted .30
[09:52] {Threei} second chance
[09:52] {Threei} out
[09:52] {magoo} out .27
[09:52] {magoo} TY
[09:52] {dino} l gtls .95, stop .67
[09:53] {magoo} l RIMM here
[09:53] {magoo} .40
[09:54] {Threei} careful
[09:55] {magoo} stopped
[09:55] {dino} stopped glts .69, -.26
[09:55] {Threei} OK, this pullback should be deeper
[09:56] {Threei} AAPL looks to lose support this time
[09:56] {Threei} and RIMM is short on 111 breakdown
[09:57] {Threei} stop above .20
[09:57] {Threei} 1:1
[09:59] {dino} vtiv l .36, stop .99
[10:01] {Threei} AAPL .17 long
[10:01] {Threei} if stays above 128
[10:02] {dino} cvco l .82
[10:02] {Chaeron} hi all
[10:02] {Threei} chaeron :)
[10:04] {Threei} AAPL invalidated
[10:09] {Threei} short AAPL with tight stop above .70
[10:10] {Threei} 1:1
[10:11] {Threei} YHOO long with .39 stop
[10:11] {Threei} .61 or pullback closer to .40
[10:13] {dino} vtiv stopped
[10:14] {Threei} if YHOO crosses .60 from here, stop .49
[10:19] {Threei} not good YHOO
[10:19] {Threei} too deep oullback
[10:19] {Threei} out
[10:20] {dptl} stopped yhoo
[10:20] {dino} out cvco ave .18, +.30
[10:28] {magoo} aapl feels over 129 vad, any thoughts?
[10:28] {Threei} yes
[10:28] {Chaeron} uh yes to thoughts?
[10:28] {Threei} if holding 128 on this pullback, very much so
[10:29] {Threei} in
[10:29] {Threei} stop is tight enough
[10:29] {magoo} me too
[10:30] {magoo} took RIMM with it .44
[10:30] {Chaeron} in AAPL too
[10:30] {Chaeron} got in late tho .22
[10:32] {magoo} out RIMM 111
[10:35] {Threei} HGRD AND GOOGLE IN PACT FOR HEALTH-CARE PROVIDERS CONTENT
-HealthGrades will make independent information on doctors and hospitals, based on quality and cost, accessible via Google Health - a new product that is currently being tested in a pilot with the Cleveland
[10:35] {Threei} - MDRX also announces patient safety pact with Google
[10:38] {Threei} feels like another hard spike is coming
[10:38] {Threei} .50 will be my next long AAPL
[10:38] {magoo} lol
[10:38] {magoo} just took .28
[10:39] {Chaeron} pffffft
[10:39] {Chaeron} blew thru that one
[10:40] {dino} fslr sm l .85 wide
[10:40] {Threei} out
[10:40] {Chaeron} out AAPL
[10:40] {Threei} missed RIMM
[10:40] {magoo} out here .94
[10:40] {Chaeron} .84... mucho thanks vad
[10:40] {Threei} gosh, this is market for quick fingers
[10:41] {Threei} welcome sir
[10:41] {esemde} early start today...have a great rest of the day all...
[10:41] {magoo} itit fast
[10:41] {Threei} take care ese :)
[10:41] {Chaeron} bye ese!
[10:41] {magoo} TY VAD
[10:41] {Threei} but chaeron... one thing needs to be done about your chasing:
[10:41] * Threei slaps Chaeron around a bit with a large trout
[10:41] {Chaeron} yeah... damn me
[10:45] {Threei} FED'S BERNANKE: CREDIT DISRUPTIONS ARE 'NOT NEAR' AN END
[10:45] {magoo} how about slappin magoo for going way WAY to early??
[10:45] {dino} bernie trying to start another panic
[10:46] {Threei} HOUSING A 'CONTINUING PROBLEM' - Q&A- Inflation a bigger problem than in 2001
[10:47] {magoo} short AAPL with mkt vad?
[10:50] {Threei} hmmm
[10:50] {Threei} doesn't feel like that for now
[10:53] {magoo} rimm bounce?
[10:53] {Chaeron} shooot... dang nice read on AAPL Vad... magoo owes you one
[10:53] {Chaeron} or two
[10:53] {Threei} no, RIMM doesn't feel right here for a long
[10:54] {Chaeron} or three :)
[10:54] {Threei} let's make it 5 to be safe :)
[10:54] {Chaeron} done your way
[10:55] {magoo} now 130
[10:56] {Chaeron} [07:28] {magoo} aapl feels over 129 vad, any thoughts? { { { { Magoo smart cookie too
[10:56] {Threei} RIMM short .70 trigger
[10:57] {magoo} against the mkt boss?
[10:57] {Threei} it won't get there if market gains new strength
[10:58] {dino} seems an oih disconnect today 3i
[10:58] {Threei} it's getting wierder and wierder dino
[10:58] {Threei} I gave up trying to discern these connections
[10:58] {dino} glad i'm going away
[10:59] {magoo} quitter lol
[10:59] {Threei} feels like we are nearing market drop stage
[11:00] {magoo} aapl ripe to short if so
[11:00] {Threei} RIMM too
[11:00] {Threei} actually RIMM even more so
[11:01] {Roman}
21 PAAS & SSRI strong
[11:01] {Threei} not going for aggressive entries, waiting for squeezes to play out
[11:02] {Roman}
21 watching GOLD long
[11:03] {Threei} OK, this should be the end of it
[11:03] {Threei} down confidently now
[11:03] {magoo} sh rimm.89
[11:03] {Threei} me too
[11:03] {magoo} sh aapl .129.01
[11:03] {Threei} gor a bit better fill though
[11:04] {dino} fslr stopped
[11:04] {magoo} im thinking aapl sees 127.50 area
[11:04] {Threei} half out RIMM
[11:04] {dino} gtls s .11
[11:05] {Threei} out in full RIMM
[11:05] {magoo} out rimm full.50
[11:05] {magoo} TY
[11:05] {Threei} welcome sir
[11:06] {magoo} out aapl full .52
[11:06] {dino} cvco s .68
[11:06] {Threei} what a timing on market reversal (can I pat myself on the back after yesterday's dubious performance)
[11:07] {magoo} yeah..u can
[11:07] {magoo} today is wicked fast
[11:07] {Threei} as long as I don't dislocate my shoulder
[11:10] {Threei} AMZN
[11:10] {Threei} looking to short this bounce
[11:10] {magoo} [11:05] {magoo} im thinking aapl sees 127.50 area
[11:10] {Threei} .50 closest resistance
[11:11] {Threei} in
[11:11] {Threei} .55 stop
[11:11] {magoo} where? i .39
[11:12] {Threei} .40
[11:13] {dino} cvco stopped -.40, gtls bstop to b/e
[11:14] {Threei} no worky
[11:15] {dino} gtls flat
[11:15] {Threei} RIMM 110.10 short
[11:15] {Threei} stop over .30
[11:19] {Chaeron} in RIMM s .10
[11:20] {magoo} now amzn worx
[11:25] {magoo} .79 wait on rimm
[11:26] {magoo} mkt spike ruined that
[11:27] {Threei} not yet
[11:28] {magoo} just got off phone with amzn vad
[11:28] {magoo} gave your number out
[11:29] {Threei} OK, now RIMM is runied
[11:29] {Chaeron} stopped RIMM
[11:30] {Threei} sheesh
[11:30] {magoo} you talk to amzn yet..very rude too me
[11:30] {Threei} I am not picking up the phone
[11:32] {Threei} dino... VISN
[11:33] {dino} dk good report
[11:39] {Threei} US ENERGY SECRETARY BODMAN REITERATES CALL OF OPEC TO PUMP MORE OIL
[11:52] {Threei} RIMM fooled us good
[11:57] {dino} sm fslrc l .28
[12:03] {dino} stnr
[12:05] {magoo} i like RIMM long here vad, any thoughts?
[12:06] {Threei} no rythm... can't tell
[12:19] {Threei} AAPl looks like another long
[12:20] {Threei} around 129 with stop under .80
[12:23] {Threei} .25 break should launch another spike now
[12:24] {magoo} in
[12:24] {Threei} wqhere??
[12:25] {magoo} .12
[12:25] {magoo} not great
[12:25] {Threei} oh, OK
[12:25] {Threei} scared me
[12:25] {Chaeron} in .25
[12:25] {magoo} thats what i do here
[12:25] {Threei} half out
[12:25] {Threei} sheesh Chaeron...
[12:25] {Threei} that's what I was scared about magoo's post
[12:26] {Chaeron} out +.12 scalp
[12:26] {magoo} he'll be ok..going near 130
[12:26] {Chaeron} doh
[12:26] {Threei} very well could be
[12:26] {Threei} that's not the point
[12:26] {Threei} risk with .25 entry is way too high
[12:26] {Chaeron} 09:24] {Threei} .25 break should launch another spike now { { {
[12:26] {Chaeron} got it now
[12:26] {Threei} 12:19] {Threei} AAPl looks like another long
[12:26] {Threei} [12:20] {Threei} around 129 with stop under .80
[12:26] {Threei} that was the call
[12:26] {Chaeron} misread
[12:26] {Threei} that comment was running follow-up
[12:27] {Threei} trading is not about direction alone... risk control is paramount
[12:27] {Threei} and .25 entry is not a good risk management
[12:28] {magoo} agree
[12:29] {Chaeron} sorry... missed the 12:20 post and was wondering, but went for scalp... sorry.. I'll do better - promise
[12:30] {Threei} unless you like to be trouted, please do
[12:30] {Threei} out 1/4 more
[12:30] {magoo} out .64 now
[12:31] {magoo} TY boss
[12:31] {Threei} welcome
[12:31] * magoo slaps Laserdave1 around a bit with a large trout
[12:32] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:32] {Threei} I will too mags, as soon as sell balance AAPL
[12:32] {magoo} lay oit .91
[12:32] {Threei} don't teach grandpa how to steel sheep
[12:32] {Threei} steal too
[12:32] {Chaeron} roflol
[12:33] {Laserdave1} u guys should really trout Vad for not trouting me......I mean thats a bit ridiculous
[12:33] * magoo slaps Threei around a bit with a large trout
[12:33] {Threei} oh have a little patrience, will ya
[12:33] {Threei} out in full
[12:33] * Threei slaps Laserdave1 around a bit with a large trout
[12:34] {Laserdave1} thats better now i can concentrate
[12:34] {magoo} [12:26] {magoo} he'll be ok..going near 130
[12:49] {cosmo} LEAPing
[12:59] {Threei} amazing how hyperactivity of the morning dies down to total still
[12:59] {Threei} OPEC ECONOMISTS PANEL: SEES NO NEED FOR OPEC TO RAISE OUTPUT AT NEXT MEETING
[12:59] {Threei} nope, no sir
[13:01] {Threei} US TREASURY SEC PAULSON: NOT INTERESTED IN 'BAILING OUT' INVESTORS
[13:01] {Threei} no?
[13:01] {Threei} {Investors} we are not interested in further investing then
[13:05] {dino} lgcy
[13:05] {dino} thin
[13:06] {Threei} BRCM
[13:06] {Threei} HEARING VAGUE TAKEOVER CHATTER CIRCULATING
[13:06] {Threei} vague eh?
[13:13] {Threei} everyone fell asleep?
[13:13] {Threei} just want to know whether I can remove soundproofing that prevents you from hearing me snorring
[13:17] {magoo} rimm bounce time?
[13:17] {Threei} 30 cents from low...
[13:18] {Threei} not sure mags
[13:18] {Threei} maybe yes maybe no
[13:18] {magoo} rimm short?
[13:19] * Threei slaps magoo around a bit with a large trout
[13:19] {magoo} finally
[13:19] {Threei} lol
[13:19] {magoo} was gonna start on bidu next
[13:20] {Threei} now, if bottoms out here and trades at .45, maybe dsouble bottom confirmation
[13:20] {Threei} but will require serious NQ help
[13:22] {magoo} i like aapl short if naz helps\
[13:22] {Threei} on .50 breakdown?
[13:23] {Threei} with .75 as resistance?
[13:23] {magoo} yeah, but needs naz fall
[13:23] * Threei adopts Socratic method
[13:23] {magoo} if naz poweers up, then over 130
[13:24] {Threei} once again RIMM is rejected by .44
[13:24] {Threei} little help by market and .45 will be nice long trigger
[13:24] {magoo} and ill be there
[13:24] {Threei} unless fall asleep?
[13:25] {cosmo} Socratic method = hemlock?
[13:25] {Threei} lol
[13:31] {magoo} i just have an inherant prob with mkt down 125 and aapl up 6 bux
[13:31] {magoo} no significant pullbk
[13:33] {_haley} rimm?
[13:33] {_haley} valid still
[13:33] {Threei} barely
[13:33] {Threei} very questionable
[13:33] {Threei} too deep pullback for my taste
[13:34] {Threei} and market doesn't seem to be very kind to longs now
[13:34] {_haley} ok
[13:34] {Threei} of course it can always spike hard... market I mean
[13:34] {Threei} as it did so many times over last days
[13:38] {magoo} i took aapl short off .50
[13:39] {magoo} needs naz help
[13:40] {magoo} i wish mkt would drop 200 points here
[13:41] {Threei} covering
[13:42] {magoo} missed .07
[13:42] {Threei} too bad didn't find guts to short RIMM too
[14:07] {Threei} AAPL... scared to say but starts looking like another long in the making, lol
[14:08] {Threei} 130, if stays above .80
[14:08] {magoo} and where would u wait?
[14:08] {magoo} .27?
[14:08] {Threei} just play it by ear
[14:10] {Threei} HARVARD ECONOMIST FELDSTEIN: CURRENT FED FUNDS RATE IS 'NOT SUSTAINABLE'
[14:10] {Threei} Fed: no? just watch us cutting even more
[14:14] {Threei} let's do it AAPL, it's time to stun everyone with how ell your digital toasters sell
[14:18] {magoo} RIMM going
[14:19] {Threei} trrrrigerrrred
[14:19] {magoo} INNNNNNNNNNNNNNNNNNNNNNNNNNNNN
[14:19] {Threei} 1:1 in a hurry
[14:23] {Threei} 1:2
[14:23] {Threei} mine is out
[14:23] {Threei} mine is skerred
[14:24] {magoo} out .40 NICE
[14:24] {Threei} who are you calling nice?
[14:24] {Threei} this is so rude
[14:24] {Threei} noone ever called me nice and went unpunished
[14:29] {magoo} 131 vad coming
[14:36] {magoo} someone wake vad
[14:36] {Threei} why?
[14:37] {Threei} and think twice... do you really want to wake up a man with makarov under his pillow?
[14:40] {Threei} FSLR HEARING POSITIVE CHATTER CONCERNING POSSIBLE PENDING DEAL WITH PACIFIC ELECTRIC & GAS
[14:44] {Threei} so, do you see now how wrong sir Newton was about apples and gravity?
[14:45] {dptl} out aapl+1.00 TY
[14:45] {Threei} what??
[14:45] * Threei slaps dptl around a bit with a large trout
[14:45] {magoo} WWWWWWWWWWWWHHHHHHHHHHHHHHHHHHHAAAAAAAAAAAAAAAAAA
[14:46] * Threei slaps dptl around a bit with a roll of $100 bills for indecent profits
[14:46] * magoo slaps dptl around a bit with a large trout
[14:46] {dptl} lol.....ah should of stay
[14:50] {magoo} wheres another aapl long trigg vad?
[14:50] {Threei} none for now
[14:50] {Threei} too vertical
[14:51] {Threei} needs to settle down and form something
[14:51] {Threei} also mags
[14:52] {Threei} why do you need to trade now? let's better focus on on our disliking dptl
[14:52] {Threei} do I have it right? Dow -75?
[14:53] {Threei} TASR RECEIVES 2 LAW ENFORCEMENT ORDERS
[15:10] {Threei} tempted to short AAPL on bounce
[15:12] {Threei} .70 resistance
[15:13] {Threei} in
[15:13] {Threei} .71 stop
[15:14] {Threei} can I be like dptl and hold for 130
[15:16] {magoo} what entry u grt?
[15:16] {Threei} .54
[15:16] {magoo} .47
[15:16] {dptl} .53
[15:17] {Threei} 1:1
[15:17] {Threei} AAPL offically changes its name to fiddle
[15:18] {Threei} honestly, never saw this stock so easy to read
[15:20] {magoo} u out?
[15:20] {Threei} half
[15:20] {Threei} .61 stop
[15:20] {magoo} half of a HL?
[15:20] {Threei} I want to be like dptl when I grow up
[15:22] {magoo} me TTTTOOOOOOOO
[15:24] {dptl} out +.67 ty
[15:24] {Threei} I put in stop at breakeven and cover at 130.53 and left for a smoke... when I am back one of them better be hit
[15:24] {Threei} welcome dp
[15:25] {Threei} great job today
[15:25] {magoo} out + .53
[15:43] {Threei} haha
[15:43] {Threei} I am all grown up now
[15:43] {Threei} +1.01
[15:43] {dptl} gj
[15:44] {Threei} inspired by you
[15:44] {dptl} :)
[15:48] {dptl} cost
[15:49] {Threei} I don't see anything fresh on it
[15:50] {dptl} well big sell...may be bounce
[15:54] {Threei} OK guys, that was a beautiful day
[15:54] {Threei} nice payout for yesterday's lull
[15:54] {Threei} thank you all, have a great evening, see you all tomorrow
[15:55] {magoo} TY vad
[15:55] {Threei} ugh, one thing I forgot
[15:56] * Threei slaps Laserdave1 around a bit with a large trout
[15:56] {Threei} now I can go
[15:58] {dptl} have a good evening all
[16:00] {magoo} thanx all

Wednesday, February 27, 2008

Feb 27 2008

Session Time: Wed Feb 27 00:00:00 2008

[08:32] {Threei} *JAN DURABLE GOODS ORDERS: -5.3% V -4.0%E; EX-TRANSPORTATION: -1.6% V -1.4%E
- Prior Durables revised from 5.0% to 4.4%
[08:32] {Threei} - Prior Ex_Transportation revised from 2.3% to 2.0%
[08:57] {dino} gm all
[08:58] {Threei} dino :)
[08:59] {cosmo} ADSK warns
[08:59] {cosmo} Autodesk Donates New Data Access Technology for Microsoft SQL Server 2008 to Open Source Community
[08:59] {cosmo} PR Newswire (Wed 8:30am)
[08:59] {Threei} how very noble
[08:59] {cosmo} ....another +
[09:00] {cosmo} 34.62 pre mkt high ....fyi
[09:02] {cosmo} NFLX
[09:03] {cosmo} ... sees better times ahead...
[09:03] {cosmo} fwiw
[09:03] {cosmo} Netflix raises EPS, revenue and subscriber guidance for Q1 & FY08
[09:03] {cosmo} Briefing.com (Wed 7:42am)
[09:08] {cosmo} .... 31.14 so far...
[09:10] {dptl} good morning all
[09:10] {Threei} dp :)
[09:17] {magoo} morning
[09:18] {Threei} magoo :)
[09:19] {magoo} no replay today in room?
[09:19] {tomg} gm all
[09:19] {magoo} not a problem, just informing
[09:19] {Threei} tom :)
[09:19] {Threei} ty mags, will inquire
[09:20] {Threei} replay isn't working for everyone else?
[09:21] {tomg} works ok for me
[09:21] {Threei} hmm
[09:21] {magoo} double hmmm...hmmmmmmm
[09:21] {Threei} anyone else? I don't want to disconnect on purpose
[09:22] {Threei} (who knows if you let me back)
[09:23] {magoo} u pick another pointer like RIMM and u can come back anytime lol
[09:24] {Threei} ty... you are in a good spirit today :)
[09:27] {cosmo} JASO gonna test 14.8
[09:27] {esemde} morning
[09:27] {Threei} ese :)
[09:31] {_leo1} HI
[09:31] {Threei} leo :)
[09:31] {esemde} leo
[09:31] {magoo} leoooo:)
[09:33] {_leo1} IM LEO:)
[09:35] {Roman}
21 SSRI long setup
[09:35] {Threei} NVDA short for a scalp with .56 stop, let's keep it half lot
[09:35] {Threei} on first sign of weakness
[09:35] {Roman}
21 in SSRI 36.16
[09:35] {Threei} SSRI is silver, right?
[09:35] {Roman}
21 yes
[09:36] {Roman}
21 COIN high
[09:37] {magoo} where u in SSRI rfr?
[09:38] {Roman}
21 [09:35] {Roman} in SSRI 36.16
[09:38] {lumdus} good morning all . woke up late
[09:38] {Threei} lum :)
[09:38] {magoo} ty
[09:38] {magoo} sh NVDA
[09:38] {magoo} .42
[09:38] {Threei} die NVDA
[09:39] {Threei} market is trying to strengthen
[09:40] {Threei} unsuccessfully
[09:40] {Threei} stop to .51
[09:40] {lumdus} l gg 43.15
[09:40] {Threei} don't want to get caught in morning volatility
[09:41] {magoo} out
[09:41] {Threei} out
[09:42] {curtisweese} out
[09:43] {Threei} VLNC will never stop or what
[09:43] {lumdus} vad, and you the next vlnc .. (ctum) hopefully
[09:44] {lumdus} stop on gg b/e 43.14
[09:46] {lumdus} damm out gg -.02
[09:48] {Threei} XLNX 23.06 long if stays above 22.95
[09:50] {magoo} in
[09:54] {dino} sone s .28, stop .53
[09:56] {Threei} LLTC .78 long with .69 stop
[09:57] {magoo} in
[09:59] {Threei} enough headfakes NQ, just go up alreadyt
[09:59] {magoo} really
[09:59] {Threei} good boy... now break 1790 and rally
[09:59] {dino} tighten sone to hod
[10:00] {Threei} JAN NEW HOME SALES: 588K V 600KE
[10:02] {Chaeron} gm all
[10:03] {magoo} morn chaer:)\
[10:03] {Threei} market demonstrated ability go up on any bad news lately... and we just got more news... let's rally
[10:03] {Threei} chaeron :)
[10:03] {magoo} doesn't know what to do
[10:03] {Threei} it does... it wants to go up
[10:03] {Threei} one th doesn't know yet is:
[10:04] {Threei} has it shaken enough of shorts yet
[10:04] {Chaeron} in XLNX
[10:04] {lumdus} s amzn 70.22 stop 70.26
[10:06] {lumdus} dia amzn ,, quickly and i scalp you .
[10:06] {Threei} LLTC stopped
[10:06] {lumdus} stop 70.03 hard stop
[10:06] {dino} sone stopped .45 -.17
[10:06] {lumdus} .88 stop
[10:07] {curtisweese} lltc stopped o for 2 today
[10:07] {curtisweese} for me
[10:07] {lumdus} .75 stop on amzn
[10:07] {magoo} 0 for 3
[10:07] {lumdus} out amzn .73
[10:07] {lumdus} +.48 on amzn
[10:09] {lumdus} vad, how can i after tell this. Look, i scalped amzn and now it goes down more.
[10:09] {magoo} its rinsing us vad
[10:09] {Threei} now it going back up lum
[10:09] {magoo} not complaining..observing
[10:09] {Threei} relax, it's normal trading process
[10:09] {Threei} you take what you can read
[10:09] {magoo} yup
[10:09] {Threei} yes mags
[10:10] {lumdus} i want to short the damm thing again
[10:10] {Threei} stop is stop, it's placed there to stop losses... you can't widen it indefinitely just to avoid being shaken out
[10:11] {lumdus} watching dd for long
[10:13] {lumdus} in abb 25.48
[10:14] {esemde} I see your argument about a rally Vad...it looks to me like stocks are being squeezed down one last time or so to shake out weak hands...
[10:14] {lumdus} lon abb 25.48 stop 25.37
[10:16] {lumdus} stop on abb 25.44
[10:16] {curtisweese} lum, nice...watching that one
[10:16] {Threei} and rallying we are
[10:17] {magoo} good feel u had boss
[10:17] {lumdus} you really think staying power. i am going to wait, but amzn is on my hit list for a nice short
[10:17] {Threei} yeah... unfortunately haven't found right stock to utilize it
[10:17] {magoo} ok, its playing hardball
[10:17] {curtisweese} i'm in scalp mode...market too jumpy for me :(
[10:17] {Threei} LLTC shook us out
[10:17] {Threei} XLNX trying
[10:17] {Threei} a bit too narrow, wish it had more "spiking power"
[10:18] {magoo} do not have any familiarity with these 2
[10:18] {curtisweese} i'm gonnna short NVDA in a sec ...around 22.69 if resistance holds
[10:19] {lumdus} curits, you do better shorting amzn inho
[10:19] {curtisweese} ok...let me check :)
[10:19] {lumdus} little too late ..
[10:19] {magoo} vcad, whats XLNX potential? as in .40 area?
[10:19] {Threei} great LLTC
[10:19] {Threei} mags, totally depends on market
[10:20] {Threei} XKLNX is willing
[10:20] {Threei} and can creep much higher
[10:20] {Threei} but market support is neded
[10:20] {magoo} understood on mkt depends
[10:20] {lumdus} ok, there is the scalp for amzn short .. the easiet trade ever made
[10:20] {curtisweese} yeah missed it :(
[10:20] {lumdus} out amzn + .63
[10:21] {lumdus} curtis, i gave you 2 x heads up.
[10:21] {curtisweese} yeah....i know...no worries...if i'm not in, i cant lose any money anyway...hehehe
[10:21] {lumdus} one more trade for the morning and I am done. Getting to hyper
[10:22] {lumdus} feeling too confident is also no good. Need someone to slap me around .. with a trout of course
[10:22] * magoo slaps lumdus around a bit with a large trout
[10:22] {lumdus} tx bud
[10:22] {magoo} u can count on magoo bro
[10:22] {lumdus} stop on abb to .46 let's see
[10:23] {lumdus} vad, you like abb ?
[10:24] {Threei} if it works I do
[10:25] {dino} qld s .50
[10:27] {Threei} so, let's see... economy is in ruins, banks are all but close their doors, inflation is rampant, recession is looming - and out of all stocks you could think of it's NFLX that is running?
[10:28] {magoo} might be a pullbk entry here vad in LLTC?
[10:28] {magoo} if mkt resumes up
[10:28] {lumdus} out abb -.02
[10:28] {Threei} with .79 stop, why not
[10:28] {magoo} orig was .78 right?
[10:29] {Threei} yes
[10:30] {Threei} *DOE CRUDE: +3.2 V +2.5ME ; GASOLINE:+2.3 V +400KE ; DISTILLATES: -2.58M V -2ME ; UTILIZATION: % V 83.7%E
[10:32] {Threei} CFO: FEEL BETTER ABOUT IBM'S US BUSINESS TWO MONTHS INTO Q1 THAN HE DID IN Q4
[10:32] {Threei} good for him
[10:34] {Threei} XLNXstop to .99
[10:37] {Threei} XLNX over 1:1
[10:37] {lumdus} and there goes abb.. too tight of a stop .. again, as vad would say
[10:37] {Threei} LLTC rewards tour entry mags (if you went for it)
[10:37] {Threei} half out XLNX .24
[10:37] {magoo} i did .84
[10:38] {magoo} how u know i go lol?
[10:38] {dino} qld stopped -.33
[10:38] {Threei} I didn't... said IF :)
[10:38] {lumdus} i am shorting amzn on next bounce
[10:38] {Threei} but really, I had little doubt, lol
[10:38] {magoo} thats whatr i meant
[10:38] {lumdus} short amzn 69.91 stop 70.11
[10:40] {magoo} out 29 here vad, TY
[10:40] {Threei} in full?
[10:40] {magoo} yeah, i dummy
[10:40] {Threei} who knows... we will see
[10:40] {magoo} like to bank it too much i guess
[10:40] {Threei} market looks ready for breakout
[10:41] {magoo} although i still in X with ya
[10:41] {Threei} breakout it is
[10:41] {lumdus} amzn -.21
[10:41] {Threei} in what?
[10:41] {magoo} XLNX
[10:41] {esemde} indexes turning green vad......
[10:41] {magoo} u partial yet?
[10:41] {Threei} ohh... sorry, you sold LLTC
[10:41] {Threei} misunderstood
[10:42] {Threei} [10:37] {Threei} half out XLNX .24
[10:42] {lumdus} nice trading folks
[10:42] {magoo} oh, ok
[10:42] {magoo} we BOTH confused lol
[10:43] {magoo} alright, i just partialed .32
[10:43] {dino} kbr l .72
[10:47] {dino} sm l fwlt .00
[10:48] {curtisweese} s AMZN 70.62 risky
[10:50] {lumdus} amzn with .85 stop .. curtis .. right ?
[10:50] {curtisweese} exactly what i had
[10:50] {lumdus} i didn't do anything yet doesn't look so good
[10:50] * Chaeron slaps Laserdave1 around a bit with a large trout
[10:51] {curtisweese} stopped
[10:51] {curtisweese} needed the market to help on that one
[10:51] {lumdus} yeah, it didn't make much sense the trade curits
[10:52] {curtisweese} lol....
[10:52] {curtisweese} {--newbie
[10:52] {curtisweese} now i want to buy it if it breaks 71.18 or so lol
[10:54] {dino} fwlt stopped -.27
[10:55] {Threei} FED'S BERNANKE: MORTGAGE DEBT MARKET 'DYSFUNCTIONAL' - Q&A
- Notes need for more responsibility and accountability in mortgage origination
[10:55] {Threei} - Must take measured approach in new regulation to the mortgage industry
[10:55] {Threei} - No date has been set for release of new rules
[10:56] {lumdus} fnm running
[10:57] {lumdus} s hort fnm 31.33 stop hod
[10:57] {lumdus} stop b/e now..
[10:57] {curtisweese} crap...there drops AMZN
[10:57] {lumdus} out 31.03
[10:57] {lumdus} +.30 fnm
[10:59] {curtisweese} i just needed a higher stop on it i guess
[10:59] {curtisweese} or luck making bad trade look good....hahaha
[11:05] {dino} nihd l .80
[11:10] {dino} nihd stop to b/e
[11:10] {magoo} RIMM in that tough 110 level vad
[11:10] {magoo} could be short scalp w/mkt help
[11:12] {dino} to .23
[11:14] {dino} stoppeed nihd .23, +.43
[11:15] {Threei} dunno mags... so far idea of shorting doesn't appeal to me today
[11:22] {Threei} as a matter of fact... I'd rather look for RIMM long if it takes 111
[11:22] {curtisweese} what about NVDA long if breaks 22.99 or so?
[11:23] {curtisweese} in on NVDA long
[11:23] {Chaeron} in RIMM
[11:25] {Chaeron} stopped RIMM -.25
[11:37] {Chaeron} .
[11:37] {Threei} EMKR RECEIVES $39M IN NEW ORDERS FOR CONCENTRATOR SOLAR CELL RECEIVER ASSEMBLIES
[11:42] {dino} partial fill s aaww .90
[11:49] {dino} aaww bstop to .23
[11:52] {Threei} in RIMM small long
[11:52] {Threei} stop under .75
[11:54] {Threei} XLNX stop to .19 for second half
[11:55] {Threei} out RIMM
[11:55] {dino} aaww bstop to .70
[11:55] {Threei} tricky
[11:55] {dino} biib
[11:56] {Threei} BIIB
[11:56] {Threei} FDA: TYSABRI LINKED TO SIGNIFICANT "LIVER INJURY," MAY OCCUR WITHIN SIX DAYS WITHIN FIRST DOSE
[11:57] {Threei} short small
[11:57] {Threei} stop above .50
[11:58] {dino} cvco sm l .07, biib sm l .00
[12:00] {Threei} can't seem to trade 25 cents for a phone call today
[12:01] {dino} out biib .85 +.85
[12:01] {Threei} lol
[12:02] {Threei} shorted at the same .85 again
[12:02] {dino} you're welocome to have those shares
[12:02] {Threei} nope, we both sold
[12:02] {dino} aaww bstop to .29
[12:03] {dino} exac
[12:03] {Threei} tried to cover .26, got half only
[12:04] {Threei} looks like second half is going to be stopped
[12:05] {Threei} out
[12:05] {dino} aaww stopped 52.29 +1.61
[12:06] {dino} enoc kicked in the b@lls
[12:06] {Threei} out balance XLNX
[12:07] {Threei} failed to make new highs, lunch time upon us
[12:07] {Threei} not much chance for continuation nearest time
[12:15] {curtisweese} hmmm SIRI intriguing at 2.94
[12:18] {curtisweese} lol...even at 2.93....small changes equal big loss or win though...scary
[12:20] {curtisweese} i will say i just got a new car and it has Sirius which i thought was stupid, but now that i have it, it is the coolest thing ever
[12:21] {Threei} GDX .51 long if stays above .40
[12:23] {dino} pzza
[12:26] {curtisweese} in on SIRI 2.94.....going with my gut! shudder
[12:29] {curtisweese} run SIRI run! boiled shrimp fried shrimp cajun shrimp
[12:32] {dino} forest
[12:38] {Threei} FED'S BERNANKE: LARGE INCREASE IN TAXES WOULD BE A DRAG ON THE CONSUMER- Expects higher unemployment only to last for a couple of years
[12:40] {dino} out cvco .65 +.58
[12:41] {curtisweese} ohhh 6 to 1 ratio buyers to sellers is good right? these level 2 screens confuse me....grrrr
[12:41] {Threei} it doesn't have any significance on this stock
[12:41] {curtisweese} then disappears in a second...you are right!
[12:42] {curtisweese} again
[12:42] {curtisweese} of course
[12:42] {curtisweese} :P
[12:42] {Threei} go to that video interview of mine on homepage, listen to the part on level 2
[12:42] {Threei} and read scalping course part on that
[12:43] {curtisweese} k
[12:54] {Threei} GDX 1:1
[12:54] {Threei} did I really hit something right?
[12:54] {Threei} lol
[12:55] {Threei} WHITE HOUSE: 'MINDFUL' OF IMPACT OF RISING GASOLINE PRICES ON ECONOMY
[12:55] {dptl} out gdx ty
[12:55] {Threei} welcome sir
[12:56] {Threei} aren't you guys glad white house is mindful of that?
[12:57] {cosmo} getting oil from $25 to $100 is hard work....
[12:58] {magoo} i must not be paying for all the correct symbol quotes..i can't pull that one vad GDX
[12:58] {dino} pzza s .50 stop .76
[12:58] {dptl} you need amex data Mags
[12:59] {magoo} oh..ok TY
[13:02] {dino} pxxa bstop to .21
[13:02] {dino} stopped +.29
[13:08] {dino} pzza i meant
[13:15] {dino} cvco s,m l .25
[13:18] {dino} stop to .35
[13:18] {Threei} out GDX in full, 1:2
[13:31] {dino} cvco slippage out -.05, f'ng .21 cents
[13:32] {dino} exac s .81, stop .03
[13:32] {Threei} DOJ CLEARS ORCL ACQUISITION OF BEAS - WIRE HEADLINE- Reminder deal is for $19.375 in cas
[13:32] {Threei} no upside really
[13:36] {magoo} lil selloff here
[13:36] {Threei} good thing I pulled plug on XLNX balance, seems to be totally out of gas
[13:39] {dino} need gas talk to magoo
[13:39] {Threei} I don't want to be presented
[13:45] {Chaeron} .
[13:47] {Threei} that's a fine point
[13:47] {Threei} I wish I made this point myself
[13:47] {Chaeron} heheh...
[13:47] {patience} speaking of gas....filled up the gas tank of my sister's new Hummer which I drove this past weekend
[13:47] {Threei} let's see if this makes thnings better:
[13:47] * Threei slaps Laserdave1 around a bit with a large trout
[13:48] {Threei} Hummer eh
[13:48] {patience} felt surreal paying the bill
[13:48] {Chaeron} $245?
[13:48] {patience} laughing, no
[13:48] {patience} was about $125
[13:48] {Threei} sheesh
[13:49] {Chaeron} canadian?
[13:49] {patience} what a guy magnet though....everytime parking, some guy comes up asking to see under the hood
[13:49] {patience} no, u.s. dollars chaeron
[13:49] {Chaeron} not going to respond to that one......................
[13:50] {Threei} I have 82 litres tank (I think it's about 22 gallons)... costs about 70 bucks to fill it
[13:50] {curtisweese} $75 or so for me....Jeep SRT :(
[13:50] {dino} lolpatience
[13:50] {Threei} I am never driving Hummer, it's official... why would I want a guy magnet
[13:51] {Chaeron} great point
[13:54] {curtisweese} Vad, crystal ball handy?
[13:54] {curtisweese} market is going......? heheh
[13:54] {Threei} handy but somewhat cloudy today
[13:57] {curtisweese} here we go...rally time
[13:57] {curtisweese} coooome oooooonnnn
[13:58] {Threei} nah curtis... you are asking... violence is the only thing that works
[13:58] {Threei} kick market, don't ask it
[13:58] {lumdus} oh, nice break i took. I missed anything
[13:58] {Threei} yes lum, 8 trades &1.20 each
[13:59] {Threei} no, one was 1.15, sorry
[13:59] {Chaeron} I retired lum
[13:59] {curtisweese} {{moves market higher through sheer stubborness and will and a smidge of violence}}
[13:59] {lumdus} interesting exact same answer last time. Fishy
[13:59] {Threei} really?
[13:59] {curtisweese} fishy? is that the symbol? buy! buy!
[14:00] {Threei} jeez... chaeron, we need to come up with more original things
[14:00] {Chaeron} sorry... what did you say Threei? I was getting the 6 pretty girls to wax my yacht correctly.....
[14:01] {Chaeron} and that's just the helicopter pad on the stern
[14:02] {Threei} never mind, just wanted you to tell them to be careful with my helicopter, last time around they scratched it
[14:02] {dino} ctrp drop
[14:02] {Chaeron} :)
[14:03] {Threei} AMZN, want bounce into .50 to short into
[14:11] {Threei} no luck with bounce
[14:16] {Chaeron} BIIB - FDA SPOKESPERSON SAYS TYSABRI LIVER INJURY ISSUE "ABSOLUTLY NOT NEW" - WIRE{ELN}
[14:18] {dino} cvco l .55 sm
[14:18] {dino} exac bstop to .64
[14:20] {magoo} mkt roll or run..that my friends...is THE question
[14:20] {curtisweese} cinnamin or butter?
[14:20] {dino} run then 3:05 roll
[14:23] {dino} or not
[14:23] {dino} exac stopped .57 ave, +.24
[14:24] {dino} oil down stocks down
[14:24] {Threei} how wierd is it
[14:25] {dino} it is how it goes for about a year now
[14:25] {dino} you'd think otherwise
[14:27] {dino} i guess when oil goes back to 40, the market gets cut by 60%
[14:29] {magoo} its about time in day where i say."come on vad,,find a winner" and vad replies "don't do it magoo..don't push.let trade come to u"
[14:30] {lumdus} in rimm 109.95 stop 109.60
[14:30] {Threei} I just don't feel it today magsa
[14:31] {magoo} its a tough day
[14:32] {dino} cvco stop to .05\
[14:32] {lumdus} stop on rimm 109.75
[14:33] {dino} take it to .15
[14:34] {dino} slippage to .94, +.39, sheesh
[14:35] {magoo} nice one lum
[14:35] {magoo} i almost went
[14:36] {lumdus} stop on rimm 109.99 o
[14:36] {dino} cedc
[14:36] {lumdus} trail stop .10
[14:37] {lumdus} rimm below .40 i am out
[14:38] {lumdus} it's having some trouble moving ahead now.
[14:38] {dino} ?
[14:38] {dino} oh
[14:38] {lumdus} talking to me dino ?
[14:38] {lumdus} out rimm 110.41 + .46
[14:38] {dino} yeah, read it wrong, thought you said "i'm" not it
[14:39] {dino} spwr fast drop
[14:41] {lumdus} magoo you still in rimm ?
[14:42] {magoo} i didn't take it with u...almost
[14:43] {lumdus} oh , crap. hope somebody followed me at least
[14:44] {magoo} u been doing well LUM..i been noticing
[14:44] {lumdus} this week yes, last week no.
[14:45] {lumdus} however, Monday covered my bad for last week
[14:45] {lumdus} and today is my profit for the week.
[14:45] {Chaeron} you're here for profit?????
[14:46] {lumdus} chaeron. of course, why else i work, so i can have money to play tommorrow
[14:54] {dino} axys fast fall
[14:55] {lumdus} rimm making me cry - alot
[14:56] {magoo} if IF this mkt were to roll over hard, 100 shares short bidu would be a 5 pointer...RISKY and requires mkt...may go up if mkt goes up
[14:56] {Threei} the problem is, there is no way to twell the odds here
[14:57] {Threei} it feels like down rather than up[
[14:57] {magoo} well, if starts to fall..we will tell
[14:57] {Threei} but if I had to assign numbers to it, I wouldn't out it even as 51/49
[14:58] {Threei} rather like 50.0001 to 49.9999
[14:58] {curtisweese} up we go~
[14:59] {curtisweese} luckily i didn't sort 10000000 shares there....whew!
[14:59] {curtisweese} i mean short
[14:59] {curtisweese} sigh
[15:02] {magoo} i forgot to mention.if IF mkt goes up 100 shares long he he
[15:02] {curtisweese} hhahaha...IF i would have bought 10000 shares long...your short would have worked
[15:02] {Threei} someone has all bases covered eh? :)
[15:03] {curtisweese} instead i bought 2,400 shares of MSFT at 28.27
[15:05] {curtisweese} it is gonna break 28.32 and then make me smile
[15:05] {dptl} got to go ..have a good evening all
[15:05] {curtisweese} bye dptl
[15:06] {curtisweese} sorry out on SIRI at 2.98 +$.04
[15:06] {lumdus} amzn looks week .. short it :)
[15:06] {lumdus} i tried at .65 and missed it . - crap
[15:07] {curtisweese} here goes MSFT....come on buddy!! i loooove youuuuuu
[15:07] {curtisweese} does violence only work on mkt? :(
[15:09] {Threei} curtis... kind word and gun get you better results than kind word alone
[15:09] {curtisweese} that is what i've found with my girlfriends....oh! never mind
[15:11] {curtisweese} nice talking head is pumping MSFT right after i buy it.....come on talking head power
[15:11] {lumdus} l kbh 27.26 stop 27.09
[15:12] {curtisweese} this guy loves msft....hahaha
[15:12] {curtisweese} {{I DO live in Seattle and I did grow up 1 mile from Bill Gates...he should give me money
[15:14] {Threei} trying RIMM long on this pullback
[15:15] {Threei} stop .85
[15:15] {curtisweese} come on Market!!! i'm gonna beat you if you don't run
[15:16] {magoo} entry u get?
[15:16] {Threei} .06
[15:16] {magoo} .07
[15:16] {curtisweese} heheh
[15:17] {Threei} half out
[15:17] {Threei} .30
[15:17] {magoo} out .35 full
[15:17] {curtisweese} nice!!!
[15:17] {magoo} EASY BUTTON worthy vad
[15:18] {magoo} TY
[15:18] {Threei} you are welcome
[15:18] {magoo} U DA MAN
[15:18] {magoo} and da women he he as i run for trout cover
[15:18] {Threei} after being crybaby for almost whole day
[15:19] {Threei} except for XLNX and GDX
[15:19] {curtisweese} waaaaaaa! my portfolio hurts
[15:19] {lumdus} kbh stop 27.17
[15:20] {lumdus} kbh , ready to take the high and more .. run now run !
[15:20] {Threei} out in full.63
[15:20] {curtisweese} great job
[15:20] {Threei} +.57
[15:20] {Threei} whew
[15:20] {curtisweese} you still got it!
[15:20] {lumdus} nice vad
[15:20] {Threei} even blind squirell...
[15:21] {dino} out ctrp .47, +.57 too fast to post
[15:21] {lumdus} kbh stop 27.23
[15:22] {dino} axys l .73
[15:23] {magoo} real nice exit vad
[15:24] {lumdus} sto on kbh 27.27
[15:26] {lumdus} out kbh flaat
[15:26] {lumdus} damm, should me out nicely
[15:26] {curtisweese} just barely got ya
[15:27] {dino} axys stop to b/e
[15:27] {lumdus} curtis by .01 it nailed me now watch it run like a chicken
[15:28] {curtisweese} here goes MSFT with the market pop finally
[15:28] {curtisweese} you are right, Lum, like market was watching you
[15:29] {magoo} RIMM 112...sigh
[15:29] {magoo} someday i gonna make food hat all the children will eat :) {chef boyardee}
[15:30] {lumdus} long scso 25.14
[15:30] {lumdus} csco 25.14 long
[15:30] {dino} stopped axys slippage -.25, oh mann, thats 3x'sv today
[15:31] {lumdus} l csco 25.14 stop 24.97 ( need to protect my profits from today - no chances here.)
[15:33] {curtisweese} i will be on a plane to Cabo tomorrow :) I will miss trading, but the corona and sun will easee my pain
[15:34] {Threei} poor you
[15:34] {magoo} that does it...............
[15:34] * magoo slaps curtisweese around a bit with a large trout
[15:37] {curtisweese} here comes the rally.....come on
[15:38] {dino} really curtis, i will be in mexico sunday for a week
[15:38] {dino} royal inn playa de carmen, gulf side
[15:39] {cosmo} which gulf?
[15:39] {curtisweese} it is awesome in playa del carmen...right by cozumel there
[15:39] {curtisweese} i'm going to be on the other side in cabo san lucas
[15:39] {dino} stopped in cozumel once on a cruis, carlos and charlies
[15:39] {curtisweese} you will love playa ....it is just great!
[15:39] {dino} good to hear, have fun
[15:40] {dino} sm s cedc .88
[15:41] {curtisweese} dino you taking all money out of the market while gone? i figured i'd pick a safe stock and leave it there, so not to miss any huge market rallies
[15:41] {Threei} hmmm
[15:42] {Threei} what's safe
[15:42] {cosmo} COGT?
[15:42] {curtisweese} that's the trouble part....figured msft or something like that
[15:42] {dino} trading acct will be cash
[15:42] {dino} cedc stopped
[15:42] {Threei} and if it can go up with huge rally, can't it go down with huge drop?
[15:42] {curtisweese} true
[15:43] {curtisweese} but stop loss gets rid of that
[15:43] {curtisweese} or minimizes it
[15:43] {dino} unless afterhours gap curtis, i've lived that pain
[15:43] {curtisweese} omg...that would suck
[15:43] {magoo} vad, is trading room gonna be up and running next week with dino and curtis off??
[15:43] {curtisweese} hahahaha
[15:44] {dino} yes magoo, just no capitulation or euphoria plays
[15:44] {Threei} nope
[15:44] {Threei} in fact, any of you takes day off, I use it as an excuse to close the doors for the day
[15:44] {dino} oh magoo,. room is in mexico next week, forgot to tell you
[15:44] {Threei} awwww dino
[15:45] {Threei} now he will come too
[15:45] {dino} lol
[15:45] {magoo} THAT DOES IT......................
[15:45] {Threei} uh oh
[15:45] {dino} i told him 16 were going
[15:45] * magoo slaps dino around a bit with a large trout
[15:45] * magoo slaps Threei around a bit with a large trout
[15:45] {magoo} ROFLOL
[15:45] {Threei} see? and you want him on the beach in Mexico? swinging stinkin fish?
[15:46] {dino} we'll send him a postcard, me curtis, vad on beach
[15:46] {curtisweese} i need to go buy some speedos.....hahah
[15:46] {Threei} curtis in speedos? I want different beach
[15:46] {magoo} dino wears those..not a pretty site
[15:47] {dino} not
[15:47] {dino} board shorts
[15:47] {curtisweese} what are we shorting?
[15:47] {dino} the indexes next week
[15:48] {dino} buy stock in cabo and corona
[15:49] {curtisweese} but not penecillan i hope
[15:49] {curtisweese} rally into close.....nice
[15:49] {dino} no, the wife will be w/me
[15:53] {dino} ouch enoc
[15:54] {Threei} too bad time is running olut... COIN break of .90 would be nice trade
[15:54] {Threei} OK guys, thank you all, have a good evening
[15:54] {magoo} ty boss, we trading tomorrow?
[15:55] {Threei} sorry about empty part of the day, it got nicely framed by two wins though
[15:55] {Threei} why not?
[15:55] {Threei} what's special about tomorrow?
[15:55] {magoo} dino says its office cinco de mayo
[15:55] {dino} on monday magoo
[15:56] {Threei} see you all tomorrow
[15:56] {curtisweese} bye :)
[15:56] {magoo} have nice vaca curtis
[15:56] {dino} take care all
[15:57] {curtisweese} thx....may your big trades be fruitful
[15:59] {dino} have fun curtis
[15:59] {curtisweese} see you all next week!

Monday, February 25, 2008

Feb 25 2008

Session Time: Mon Feb 25 00:00:00 2008

[08:36] {magoo} morning
[08:37] {Threei} Good morning RT
[08:37] {Threei} or whatever part of it managed to wake up
[08:38] {magoo} vd : )
[08:38] {magoo} so friday was bullmkt {at least in eod}
[08:38] {magoo} bear today boss?
[08:38] {Threei} you know what caused Fri explosion right?
[08:40] {magoo} do not remember
[08:41] {Threei} one person, coming on TV and speculating about bond insurers bailout
[08:41] {Threei} and that was what sent markets flying
[08:41] {Threei} believe it or not
[08:41] {Threei} sooo... today someone comes on TV and says no way - imagine what happens hnext
[08:41] {Threei} or rumor comes true
[08:42] {Threei} or some third turn of events comes along
[08:42] {Threei} thus... I am putting my crystal ball back in the sandal box, and just going with immediate developments
[08:44] {cosmo} MRVL (Barrons likes it) pre mkt high = 11.60 so far
[08:45] {magoo} gotcha..this mkt has no committment to either direction
[08:45] {magoo} unless its one committment is to reverse
[08:45] {Threei} and it's bound to change any minute
[08:45] {magoo} seems its been reversing everyday
[08:46] {Threei} I can't imagine what investors are going through when even we daytraders get overwhelmed sometimes by how quickly things change these days
[08:48] {cosmo} its the climate i think
[08:49] {Threei} and its change?
[08:49] {Threei} TASR
[08:49] {Threei} RECEIVES TWO SIGNIFICANT LAW ENFORCEMENT ORDERS
- The first order received was from the San Diego County Sheriff's Department in San Diego, CA, for 291 TASER X26 Electronic Control Devices (ECDs).
[08:49] {Threei} - The second order received was from the Sacramento County Sheriff's Department in Sacramento, CA, for 180 TASER X26 ECDs and related accessories.
[08:49] {Threei} FORMER FED CHAIRMAN GREENSPAN: RECESSION WILL NOT BE SIGNIFICANTLY LONGER THAN THE LAST
- Would not be surprised if this recession is deeper
[08:49] {Threei} - Finance problems marginally affected the economy
[08:49] {Threei} - House prices to continue to fall
[08:50] {Threei} US WEIGHS SANCTIONS ON IRAN'S CENTRAL BANK - WSJ- The Treasury Department is gathering evidence it says shows that the central bank of Iran is helping other Iranian institutions elude US economic sanctions, in what could be a prelude to penalties against the central bank.
[08:54] {cosmo} HOKU gets $25M private placement ...fwiw
[08:55] {cosmo} pre mkt high = 10
[08:58] {dino} gm all
[08:58] {Threei} dino :)
[09:03] {esemde} morning rt's
[09:04] {Threei} ese :)
[09:08] {esemde} Genentech DNA....another cancer cure...breast cancer
[09:09] {Threei} news on Fri after close
[09:09] {cosmo} mrvl 11.50 may test
[09:09] {Threei} two upgrades this morning
[09:11] {cosmo} MRVL needs to hold 11.35 imho
[09:11] {dino} gtxi
[09:13] {dino} ggg nyt to sell
[09:17] {dptl} good morning all
[09:17] {Threei} dp :)
[09:17] {tomg} gm all
[09:19] {Threei} tom, welcome back
[09:19] {tomg} ty vad
[09:21] {magoo} morn tomg
[09:21] {tomg} hi magoo
[09:26] {lumdus} good morning all. Hoping for an easy profitable week.
[09:26] {Threei} lum :)
[09:27] {Threei} here is to easy money
[09:29] {esemde} GTXI prostrate cancer drug
[09:29] {esemde} hmmmmm
[09:32] {_leo1} HI
[09:32] {Threei} leo :)
[09:32] {magoo} morn leo:)
[09:32] {_leo1} hi
[09:36] {Threei} IDMI .51 long
[09:36] {Threei} stop under .40
[09:39] {Threei} NTAP 22.50 long for a scalp if stays above .35
[09:40] {magoo} big naz fall
[09:41] {Threei} NVDA .83 short if stays under 22
[09:43] {magoo} in nvda
[09:43] {Threei} .95 stop for hard core scalpers
[09:43] {Threei} 22.01 otherwise
[09:44] {lumdus} teva look also good
[09:46] {magoo} naz killed it
[09:47] {esemde} bstop NTAP 22.50 1/2 lot
[09:47] {esemde} has to stay above .28
[09:47] {Threei} FED'S KROSZNER: DOES NOT ADDRESS MONETARY POLICY, US ECONOMIC OUTLOOK
[09:48] {Threei} why is he speaking at all then?
[09:48] {lumdus} in teva 49.19
[09:48] {Threei} NVDA stopped
[09:48] {lumdus} long teva 49.19 stop 49.09
[09:48] {esemde} these guys are the goofiest fed ......everybody speaking out of turn...off-handed comments....
[09:51] {lumdus} stop on teva 49.14 (crazy market so far)
[09:51] {bruce} ntap still valid?
[09:51] {magoo} NTAP valid?
[09:51] {bruce} dropped to .30
[09:51] {bruce} youmy echo mags?
[09:51] {Threei} if you don't mind stop under .30, yes
[09:52] {magoo} only mind if it hits it vad
[09:52] {bruce} I echo mags
[09:52] {Threei} volatile one: DPTR
[09:52] {Threei} small shares long .20-.25
[09:52] {Threei} support is 22.90
[09:52] {magoo} DPTR trade like IDMI vad?
[09:53] {magoo} running
[09:56] {Threei} market is kind of waiting for something
[09:57] {cosmo} obl?
[09:57] {cosmo} ...nah
[10:00] {Threei} *JAN EXISTING HOME SALES: 4.89M V 4.80ME
[10:00] {bruce} lcav spike dino
[10:01] {dino} too fast
[10:01] {esemde} L ong .51NTAP
[10:02] {bruce} vrtx - any read vad?
[10:02] {magoo} IDMI gonna fall with mkt vad?
[10:02] {Threei} worth try long bruce if stays above .20
[10:02] {Chaeron} gm all :)
[10:03] {Threei} chaeron :)
[10:03] {Threei} IDMI trades in its own world mags
[10:03] {Threei} and it's a wierd world
[10:03] {lumdus} teva running nicely
[10:04] {Threei} i am keeping NTAP stop at .39
[10:05] {cosmo} mrvl
[10:05] {cosmo} 11.6
[10:07] {dino} sm spwr l .80
[10:07] {Threei} stay patient guys, market is slow to wake up
[10:08] {Threei} (can't blame it, really)
[10:08] {Threei} but something is brewing
[10:08] {lumdus} you wish you could sleep late .. huh
[10:08] {Threei} always
[10:09] {Threei} I don't know what, but this feels like calm before the storm
[10:10] {dino} out spwr 69.86 +1.06
[10:10] {Threei} INSU
[10:11] {Threei} 15 break long half lot
[10:11] {Threei} stop under 14.80
[10:11] {esemde} have been getting that market feeling since about last wed or thurs Vad...
[10:11] {esemde} question is....is it storm up or storm down
[10:11] {magoo} no way to catch 15
[10:11] {Threei} that's a good question
[10:12] {dino} same feeling 3i, somethings' about to give big time
[10:12] {Threei} so let's make bets?
[10:12] {Threei} up or down?
[10:12] {patience} big time down
[10:12] {lumdus} vad, when you get a chance. Can you look at my teva trade. Did i screw up ?
[10:12] {esemde} i feel for some reason it's going to head up.....it just has not been selling down hard like it did in mid january
[10:13] {dino} i'm going contrary, everybody wants down, so i'll take up
[10:13] {esemde} i'm with you dino
[10:14] {Threei} lum, I see your entry
[10:14] {dino} great monds think alike, :)
[10:14] {Threei} what happened next?
[10:14] {dino} minds
[10:14] {magoo} well, i thought up
[10:14] {magoo} so everybody is thinking up
[10:14] {lumdus} i put a stop on 49.17 and triggered vad
[10:14] {Threei} way too tight, IMO
[10:15] {Threei} my trailing would be:
[10:15] {lumdus} ......
[10:15] {lumdus} 49.07 ?
[10:15] {Threei} .09 after it broke .20,
[10:15] {Threei} .15 after it broke .30
[10:15] {lumdus} ok. in short i screwed up. thank you.
[10:15] {lumdus} at now would be .26
[10:16] {Threei} right
[10:16] {Threei} remember our Fri discussion on trailing stops?
[10:16] {Threei} this is good illustration, trail them as chart dictates
[10:16] {Threei} meaning:
[10:16] {Threei} stock formed new range as it moves in your favor,
[10:16] {Threei} broke resistance of that range,
[10:16] {lumdus} vad, this wasn't trailing stop. this was a manual hard stop i put in.
[10:17] {Threei} now you can move stop under support of that reange
[10:17] {Threei} I under stand, but yoyu trailed it the same way
[10:17] {Threei} by arbitrary amount of cents, not by chart logic
[10:18] {lumdus} right .. but don't blame this on the trailing stop. this was a mental crack.
[10:18] {dptl} out ntap+.20 ty
[10:18] {Threei} welcome dp
[10:18] {esemde} out NTAP .72
[10:18] {Threei} yes lum, I realize that
[10:18] {esemde} be back in a while ...have to take vehicle to garage
[10:18] {esemde} seee ya in a bit
[10:18] {Threei} take care ese
[10:19] {Threei} one concern here lum:
[10:19] {Threei} was it accidental mental crack,
[10:19] {Threei} or was it approach that those autotrailing stops instill in your thinking?
[10:19] {Threei} give it a thought when you have time :)
[10:20] {Threei} and keep in mind, thinking causes headache...
[10:20] {Threei} in me at least
[10:20] {Threei} NTAP hit 1:1 nicely guys
[10:20] {Threei} hard to tell whether it has potential for more
[10:21] {Threei} even if you believe so, play it safe and take half
[10:21] {magoo} waiting .77
[10:21] {magoo} may be high
[10:21] {Threei} closest support right now is .64
[10:22] {curtisweese} NVDA buy at 22.38 or so?
[10:22] {Threei} if it can't take .73 and loses .64, holding full position would be questionable trade management
[10:22] {bruce} rimm looks headed for a break
[10:22] {bruce} of previous days high
[10:23] {Threei} curtis, tough read... not sure
[10:24] {curtisweese} heheh...dropping now.....not gonna get there anyway
[10:24] {magoo} still just scalpers mkt
[10:25] {Threei} look at volume last 20-30 minutes
[10:25] {Threei} all but disappeared
[10:27] {curtisweese} In on NVDA at 22.38
[10:28] {magoo} would u remind me that i hate IDMI next time u put it up
[10:28] {Threei} certainly
[10:28] {Threei} if I ever get to call it, it's going to be in the following format:
[10:28] {Threei} IDMI blah blah blah, magoo stay away
[10:29] {Threei} don't torture yourself, you are 3 cents down here, take your lumps and go if it takes too much of your attention
[10:29] {curtisweese} out NVDA +$.10
[10:30] {magoo} OUT .77
[10:30] {Threei} wtg
[10:30] {magoo} TY
[10:30] {magoo} more my type
[10:30] {Threei} I manage this trade differently but hey
[10:30] {Threei} there is more than 1 way to skin a stock
[10:30] {lumdus} in bby 44.73
[10:31] {Threei} my approach is, half out at 1:1, that was .72 for me,
[10:31] {Threei} stop to b/e,
[10:31] {Threei} now that it made new high, stop to .55
[10:32] {Threei} which is just below the support it formed by last pullback
[10:32] {Threei} will report what I do as (and if) it moves if you are interested
[10:39] {magoo} isn't there a new independent NTAPO trade setting up here? looks like 23 magnate
[10:39] {Threei} stop to .59
[10:40] {Threei} sure... just risk is higher
[10:41] {Threei} next spike will take NTAP into 1:2 where I intend to dump 1/4 more
[10:41] {curtisweese} looking at NVDA again if breaks 22.50 ....so .52 or so for me
[10:41] {Threei} and trail stop to .65
[10:44] {dino} fre s .70, stop hod
[10:45] {lumdus} vad, bby 45.59 stop ok ?
[10:45] {Threei} yes sir
[10:45] {lumdus} ok. thanks. i hate watching teva just go without me. kill me
[10:46] {Threei} out 1/4 more NTAP
[10:46] {magoo} see what i meant by magnate?
[10:46] {Threei} .95
[10:46] {Threei} by magnet I guess? :) yes
[10:46] {magoo} lol
[10:47] {Threei} stop to .73
[10:47] {Threei} move is quite significant, time to start tightenting it
[10:48] {bruce} zinc vad - any reade?
[10:48] {Threei} .79 is reasonable stop too here
[10:49] {curtisweese} in on NVDA at 22.51
[10:49] {Threei} a bit too thin bruce
[10:49] {bruce} k vad
[10:49] {Threei} rug pull on this one would cost a lot of slippage
[10:50] {dino} fre stopp .00, -.30
[10:50] {Threei} market looks like preparing to explode to the upside once again, so I am tightening NTAP to .79
[10:50] {Threei} logic is,
[10:50] {magoo} i like NTAP for a short scalp soon
[10:51] {Threei} if market does move up sharply, NTASP better go with it or I don't want to be in anymore,
[10:51] {Threei} and if market fails, NTAP is not likely to hold up there, moved a lot as it is
[10:52] {magoo} also, if mkt starts to fail, RIMM and NVDA short potential
[10:53] {dino} aapl sm l .90
[10:57] {lumdus} stop on bby 44.85
[10:57] {Threei} good trail lum
[10:58] {Threei} NTAP almost 1:3
[10:58] {Threei} out last portion
[10:58] {lumdus} tx vad
[10:58] {Threei} at .09
[10:58] {Threei} happy with the trade, +.21, +.44 and + .58
[10:59] {Threei} unless my math is wrong
[11:00] {lumdus} selling bby 45.08
[11:00] {lumdus} bby + .35
[11:00] {Threei} good trade lum, wtg
[11:00] {lumdus} tx
[11:01] {Threei} managed it just right
[11:01] {tomg} ty ntap vad, out 23.07
[11:01] {Threei} lol... tom comes back with thunder
[11:01] {tomg} :)
[11:01] {Threei} you know it's very rude of you to make such prfoit on your first day after long vacation?
[11:02] {magoo} vad, whats the symbol for NDX?
[11:02] {Threei} and you know what magoo does to people who act like this?
[11:02] {tomg} uh, oh...
[11:02] {Threei} $NDX mags
[11:03] {magoo} ty
[11:04] {dino} aapl stopped -.35
[11:07] {magoo} RIMM Short setup vad?
[11:08] {Threei} hmm
[11:09] {Threei} rather bounce if market doesn't dive
[11:09] {dino} teso s .05 stop .36
[11:10] {Threei} first strength from here, RIMM
[11:11] {Threei} in
[11:11] {Threei} stop .29
[11:12] {Threei} market is still unclear but risk is small
[11:12] {Threei} stopped
[11:12] {bruce} stopped rimm
[11:13] {magoo} i was thinking short way back on loss of 110
[11:13] {Threei} sideline for now, gotta let NQ decide on direction
[11:14] {Threei} 110 was behind at the time of the question...
[11:14] {magoo} was still thinking it
[11:14] {magoo} lol
[11:14] {Threei} just shows you how tough it is to comment in time on fast movers
[11:14] {magoo} true that
[11:15] {magoo} long RIMM now
[11:15] {magoo} in .37
[11:18] {Threei} wow TTWO
[11:18] {Threei} I don't see fresh news
[11:18] {magoo} on CNBC'
[11:18] {Threei} ah
[11:18] {dino} takeover offer at 25
[11:18] {bruce} erts offered to buy it out
[11:18] {Threei} 26 I think
[11:19] {magoo} stopped RIMM
[11:19] {esemde} I'm back.......TTWO I'll say......what was the news
[11:19] {dino} massive short squeeze, something like 40%
[11:19] {Threei} 02/24/08 03:26pm [TTWO] ERTS reveals a hostile $26.00/shr cash offer for TTWO in a $2B deal; TTWO has rejected the offer until at least the 4/30
[11:29] {bruce} out sigm +.41
[11:29] {Threei} wtg
[11:30] {dptl} glbl?
[11:30] {lumdus} nice bruce
[11:30] {bruce} thanx lum
[11:30] {bruce} lucky
[11:30] {bruce} thanx vad
[11:31] {Threei} GLBL chart is right... I am just hesitant about taking position here, market is very indecisive
[11:31] {dptl} ok
[11:35] {dino} teso stopped -.30
[11:40] {Threei} AAPL short with stop above .30
[11:40] {Threei} hard to nail exact entry
[11:41] {Threei} kind of "see if you can read it"
[11:41] {Threei} down quickly... don't chase that far
[11:41] {Threei} see if can get a bounce or new consolidation
[11:45] {bruce} stopped aapl
[11:50] {Threei} NTAP exit was just right so far
[11:50] {Threei} 4 cents under day high
[11:50] {Threei} keeping an eye on it still, maybe forms something
[11:51] {Threei} short off 23 resistance is one idea
[11:57] {Threei} ANY ABK DEAL WOULD LIKELY BE EARLY NEXT WEEK
[11:57] {Threei} reminder, ABK rumor was what started huge rally on Fri
[11:59] {magoo} are u short aapl?
[11:59] {Threei} I am flat
[11:59] {bruce} watching trma for weakness dino
[12:00] {Chaeron} I'm bald and fat
[12:05] {bruce} not me chaeron
[12:05] {bruce} just old and ugly
[12:06] {magoo} drunk and stupid here
[12:06] {Threei} aren't we attractive bunch
[12:06] {bruce} any read zolt vad?
[12:06] {Threei} ugh
[12:07] {Threei} twice I looked at it, twice kept myself from it, and twice was wrong
[12:07] {Threei} at 24, then at 24.5
[12:07] {Threei} I would really prefer a pullback on it rather than break
[12:08] {bruce} k
[12:14] {Threei} and what do you know... third break and no sign of pullback
[12:16] {Threei} now there is some
[12:16] {Threei} 25 is nearest support
[12:16] {Threei} if losing it, .75 next
[12:16] {bruce} I'm thinking possible short vad
[12:17] {Threei} considering weakening market, valid
[12:18] {Threei} it's just that again, I wouldn't want to chase it down
[12:18] {Threei} this drop we are seeing came with no indication of entry
[12:18] {bruce} agreed - wold like it to form second lower top
[12:18] {Threei} yes, or consolidation and breakdown
[12:29] {bruce} erts long on .30 break vad?
[12:30] {Threei} with .15 stop
[12:30] {Threei} most likely scalp only
[12:31] {Threei} it has downtrending look still, need more confirmation of reversal
[12:31] {Threei} .16 is actually still short trigger if stayys under .30
[12:35] {dino} grmn l sm .20
[12:37] * Threei slaps Laserdave1 around a bit with a large trout
[12:37] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:37] * magoo slaps Laserdave1 around a bit with a large trout
[12:37] {Threei} we are obviously very welcoming bunch too
[12:38] {Laserdave1} nice to see you guys as well
[12:38] {Laserdave1} hope weekend was good
[12:39] {Threei} ZOLT forms that double top bruce
[12:39] {Threei} 25 breakdown becomes short trigger if stays under first high
[12:40] {bruce} yep - just noticed that vad
[12:40] {Threei} actual stop will be defined by the high if this bounce
[12:40] {Threei} so far it's .25
[12:41] {bruce} prefer to see .22 hold for this top
[12:41] {bruce} got you - already hit .25
[12:45] {Threei} I don't like how ERTS sits here
[12:45] {Threei} if this NQ upward spike doesn't move it soon, it's still a short
[12:46] {bruce} s zolt .14 - stop .30
[12:47] {Threei} market spikes
[12:47] {Threei} if ZOLT can't use this spike, will be a good short
[12:51] {bruce} yes - enterd too early
[12:51] {Threei} not necessary
[12:51] {Threei} a bit aggressive but who said it's bad thing
[12:52] {bruce} market spiked right after entry
[12:52] {dino} spwr l sm .20
[12:52] {magoo} any rerad RIMM vad?like it long
[12:53] {Threei} sorry mags, no read
[12:53] {magoo} aapl?
[12:53] {Threei} 108 break was more or less decent trigger on RIMM
[12:53] {Threei} here, no
[12:53] {Threei} AAPL chart is even less readable
[12:54] {Chaeron} so nap time?
[12:54] {Threei} ERTS is trying
[12:55] {Threei} 1:1's reached
[12:58] {Threei} moves a bit higher but I preferto take scalp
[13:02] {bruce} stopped zolt -.16
[13:05] {bruce} vad - rimm as possible long near here?
[13:06] {Threei} with stop under .50
[13:06] {Threei} it's very much NQ-dependent
[13:06] {Threei} market will make or break this trade
[13:06] {esemde} Vad ddc please
[13:07] {bruce} missed it - was thinking .80break and notgoing to chase
[13:08] {magoo} l rimm .86
[13:11] {esemde} I'm otta here everyone....have a great rest of the day
[13:11] {magoo} bye ES
[13:11] {esemde} see ya magoo
[13:12] {Threei} take care ese
[13:12] {bruce} l rimm .75
[13:15] {Threei} market is swamp right now
[13:17] {bruce} stopped rimm -.26
[13:17] {magoo} stopped rimm{again}
[13:18] {Threei} don't push it guys... sideline time
[13:18] {Threei} 5 points range
[13:21] {Threei} if a 50/50 trade with 6 cents stop is to your liking, short NVDA with .21 stop
[13:22] {Threei} downticked fast from .15 which I had in mind
[13:29] {bruce} rimm bounce at 108 vad?
[13:30] {Threei} can't tell bruce... market breaks down more so does RIMM
[13:30] {bruce} k
[13:31] {Threei} NVDA worked for a little scalp
[13:35] {Threei} pains me to say but... GRMN is short if losing .60
[13:35] {Threei} half lot .58 trigger
[13:36] {dino} grmn stopped
[13:36] {Threei} stop .75
[13:38] {magoo} target GRMN?
[13:39] {Threei} stop to .71, the rest is in NQ hands
[13:39] {Threei} not clear if it's breakdown for NQ or bounce off double bottom
[13:39] {Threei} feels like breakdown is more likely
[13:41] {Threei} NQ says yeah right
[13:43] {Threei} 1:1
[13:44] {Threei} I am out, can't get a read
[13:45] {Threei} RIMM bounce is not very impressive
[13:45] {Threei} looking to short .50 if market reverses down
[13:46] {magoo} grmn not with naz vad
[13:46] {magoo} weaker
[13:46] {Threei} nope, lost connection
[13:47] {Threei} RIMM is a bit too far from .50 support now for comfortable shorting on breakdown
[13:48] {Threei} if NQ drops, aggressive entry will be better idea
[13:48] {Threei} 108 is nearest resistance for stop/invalidating level
[13:48] {Threei} you still holding GRMN mags?
[13:49] {magoo} noi
[13:49] {magoo} out w/u
[13:49] {Threei} OK
[13:53] {Threei} psycho market again
[13:53] {Threei} another talking head on CNBC said something or what
[13:55] {dino} cat sm l .15
[13:55] {dino} oih rocking, brings market up
[13:56] {Threei} where are good old times of common sense when oil oing higher meant market going lower asnd visa versa
[13:56] {dino} long gone
[13:56] {Threei} sigh
[13:57] {bruce} tough trading for me lately - lots of stops
[13:57] {bruce} taking doggy walk break
[13:58] {dino} same here bruce
[13:58] {lumdus} in wye 42.20
[13:59] {Threei} NVDA long for a scalp here
[13:59] {Threei} with stop under 22
[14:01] {lumdus} bruce, better days ahead ..
[14:08] {Threei} NQ spike would be what is least expected here
[14:08] {Threei} considering market's unique ability to do the most unexpected things lately...
[14:08] {Threei} let's see if it does just that
[14:09] {lumdus} all you need to do, is put on the crazy hat and you make good in this market.
[14:09] {Threei} almost 3 points in single breath
[14:11] {Threei} how about that?
[14:11] {lumdus} out wye -.13
[14:11] {magoo} nbvda hasn't bujged
[14:12] {Threei} it will
[14:12] {Threei} unless it won't
[14:12] {lumdus} rimm about to fall
[14:13] * Threei kicks NQ in the rear with heavy duty army boots, steeltoes, reinforced et all
[14:14] {Threei} violence works
[14:14] {magoo} nicer kick
[14:14] {Threei} look at that
[14:15] {Threei} [14:09] {lumdus} all you need to do, is put on the crazy hat and you make good in this market.
[14:15] {Threei} exactly what I did, and look how flawlessly it worked
[14:17] {lumdus} yup, that's the way it works these day.
[14:17] {lumdus} i think we break .20 and move 1 big huge spike
[14:23] {Threei} NVDA stop to .04
[14:23] {magoo} target NVDA exit?
[14:23] {Threei} won't me to sounds honest or analyutical?
[14:23] {Threei} won't = want
[14:24] {magoo} not looking to good
[14:24] {Threei} honest version: I've no idea
[14:24] {Threei} you see how this market is
[14:25] {Threei} any questions?
[14:25] {Threei} craziness multuplied by craziness
[14:25] {magoo} compounded by insanity
[14:25] {Threei} S&P AAA FINANICAL STRENGHT RATING TAKEN OFF WATCH; AFFIRMS ABK RATING
[14:26] {Threei} I am out
[14:26] {Chaeron} nice
[14:26] {Threei} .28
[14:26] {Chaeron} what timeing :)
[14:26] {Chaeron} timing too
[14:26] {magoo} out here .34 TY boss
[14:27] {Threei} "If I were market, what should I do to hurt as many players as possible"
[14:27] {Threei} welcome guys
[14:27] {dino} out cat .60, +.45
[14:28] {lumdus} out .33 tx boss
[14:29] {magoo} isn't scenerio too much like friday?
[14:29] {Threei} yes mags, with one difference
[14:29] {lumdus} wye taking a run with everything else
[14:29] {Threei} fridfay was cnbc talking head discussing rumor
[14:30] {Threei} this news is actual news, FWIW
[14:30] {Threei} [14:08] {Threei} NQ spike would be what is least expected here
[14:30] {Threei} [14:08] {Threei} considering market's unique ability to do the most unexpected things lately...
[14:30] {Threei} [14:08] {Threei} let's see if it does just that
[14:30] {Threei} can I go home?
[14:30] {Chaeron} you are home
[14:31] {lumdus} no, you get punhished badly. we should have stayed in for another .50 at least.
[14:31] {Threei} look at MBI and ABK
[14:31] {Chaeron} sitting there in your pj's and fuzzy bearclaw slippers
[14:31] {Threei} where is that camera chaeron secretly installed in my office...
[14:34] {lumdus} wow - what a trun that was for nvda. hmm, mabye no punishmed for vead
[14:36] {dino} sell the rips, s sm petd .47
[14:36] {lumdus} in twm 80.65
[14:36] {Threei} I can't overstress my distrust for this market enough lum...
[14:36] {Threei} I got 1:2 on a stock that sat and tortured me for 10 min, I won't take any chances
[14:36] {lumdus} out .95
[14:36] {Threei} expecially when it happens on such sharp spike
[14:36] {lumdus} +.30
[14:36] {Threei} gj
[14:37] {lumdus} tough to get thos. that's what i like quick and easy
[14:39] {lumdus} rimm looks like bounce comming
[14:40] {bruce} back
[14:40] {Threei} oh boy
[14:40] {Threei} bruce... your timing... :(
[14:40] {bruce} ezpect you folks probalby just had about 8 winning trades in row
[14:41] {Threei} one but sheesh... you left 1 minute before it was called and returned just when it was over
[14:41] {bruce} sheesh
[14:41] {bruce} no surprise though
[14:41] {Threei} this is freaky
[14:41] {Threei} scroll up...
[14:43] {dino} cov petd .07 +.40
[14:43] {bruce} sigh
[14:43] {lumdus} bruce, maybe leave for another few minutes and we make some $$ then you come back :)
[14:44] {lumdus} ok, if i was a jerk, i would buy rimm now... so -
[14:45] {dino} what a whip
[14:45] {lumdus} long rimm 107.22
[14:45] {lumdus} stop 107.07
[14:45] {bruce} sorry lum - just not that considerate
[14:45] {lumdus} stop on rimm 107.24 b/e
[14:46] {lumdus} vad, should i keep stop at .10 ?
[14:46] {lumdus} i guess, so ..
[14:47] {Threei} I don't have any read here lum, sorry
[14:48] {lumdus} that's why i went long. because i don't have a read ..
[14:48] {Threei} this is chart drawn by the pen tied up to the tail of drunken mule that is getting needled with sharp knife
[14:49] {lumdus} i need to step a way a second.. watch it for me.
[14:53] {Chaeron} }:
[14:53] {lumdus} ok, i am back..
[14:53] {lumdus} missed the damm spike
[14:54] {lumdus} out rimm .48 + .26
[14:55] {lumdus} days like today are my best. because i just act like a jerk
[14:57] {bruce} I'm going to resist replying to that lum
[14:58] {lumdus} i don't see any other way to play this market. so far it's worked. looking for next target
[14:58] {Threei} COIN rallied
[14:59] {dino} luck lum. use it while it lasts
[15:00] {lumdus} short sds 61.85 stop 62.03
[15:00] {dino} out spwr .80, +.60
[15:00] {lumdus} dino, exactly. while it lasts.
[15:01] {lumdus} sds die hard now. !!
[15:01] {dino} no disrespect, luck plays a part imo
[15:02] {dino} back in 10
[15:02] {lumdus} out sds .62
[15:03] {lumdus} +.23
[15:04] {bruce} zolt may be worth another try short here
[15:06] {Threei} COIN .20 is very risky long
[15:06] {lumdus} watching mdt for long
[15:10] {dino} thinking the same bruce
[15:10] {lumdus} in mdt long 49.48
[15:10] {dino} i can't get it
[15:12] {lumdus} stop on mdt 49.39
[15:12] {lumdus} dino, what can't you get ?
[15:12] {dino} fcsx
[15:13] {dino} zolt i couldn't get
[15:13] {lumdus} why can't you get it .. ?
[15:14] {dino} no shares at stsmartpro
[15:14] {magoo} u short ZOLT bruce?
[15:14] {lumdus} out mdt -.10 .. luck ran out
[15:20] {lumdus} schw about to run ?
[15:20] {lumdus} looks like some momo there. .. let me think about this
[15:21] {lumdus} in .52
[15:21] {Threei} ABK new wave of strength
[15:21] {Threei} .35 long if stays above .15
[15:21] {Threei} half lot
[15:22] {Chaeron} shucks
[15:23] {dino} fcsx s .91
[15:24] {Threei} .50 break needed to fuel another spike
[15:25] {lumdus} schw needs to beat abk .. let's go
[15:25] {Threei} 1:1
[15:27] {Threei} +.30
[15:27] {Threei} me out
[15:27] {Threei} maybe goes higher, I care not
[15:27] {Chaeron} beauty
[15:27] {magoo} me too .73 TY
[15:27] {Threei} umm... +.40
[15:27] {Threei} welcome
[15:27] {lumdus} gosh abk was 6.00 last month. how th heck did it go all the way here.
[15:28] {bruce} not in zolt mags - still aqtching it
[15:28] {Threei} hey, it was 70 just in Novemeber... you don't ask how the heck did it get to 6?? :)
[15:29] {Chaeron} naaaaa he was short
[15:29] {Threei} ahhh
[15:31] {Threei} IMF"S STRAUSS-KAHN: EXPECTS 'SLIGHT DECREASE" IN OIL PRICE, TO AVERAGE UNDER $100/BBL IN 2008, SEES DOWNSIDE RISK TO IMF'S 4.1% WORLD GROWTH FORECAST MAINLY DUE TO NEW SUBPRIME LOSSES
- Notes if there are no new subprime disclosures, may be 'good surprise' on 2008 growth
[15:31] {Threei} - Says no decoupling of emerging markets
[15:32] {Threei} FED'S MISHKIN: MODEL SHOWS BETTER TO RESPOND TO CORE INFLATION; INFLATION ABOVE RECENT YEARS WOULD BE HARMFUL- big rate hikes are not needed to halt inflation after supply shock if expectations are anchored
[15:34] {Threei} EBAY
[15:34] {Threei} UPDATE: JP MORGAN MAKES POSITIVE COMMENTS THIS AFTERNOON- says Q1 listings tracking at +11% y/y
[15:34] {Threei} 28 break maybe
[15:35] {Threei} in
[15:35] {Threei} ridiculously tight stop
[15:35] {lumdus} ebay .. that's dating yourself there.
[15:35] {Threei} .93
[15:35] {lumdus} schw working like a charpm
[15:36] {lumdus} out schw .62 + .10
[15:37] {lumdus} have a nice evenning. very good day. hopefully back on track
[15:37] {Threei} COIN
[15:37] {Threei} takle care lum, good job
[15:39] {bruce} bye lum
[15:39] {dino} gj lum
[15:40] {Threei} EBAY 1:1 for hard core scalpers
[15:41] {patience} nice call for the market today dino and ese
[15:45] {dino} mini s .84 stop .06
[15:47] {dino} too bad i didn't trade it better, the mornings are hurting me
[15:50] {bruce} the trading days are hurting me dino
[15:52] {tomg} vad, i've still got small shares INSU
[15:53] {tomg} ok to hold overnight, you think?
[15:53] {Threei} hmmm
[15:53] {Threei} no idea tom
[15:53] {Threei} overnight is overnight
[15:53] {tomg} ok, ty
[15:54] {Threei} chart looks good
[15:55] {Threei} how much you can trust charts in this supervolatile market is a whole other matter
[15:55] {Threei} although INSU doesn't seem to have much to do with market \
[15:55] {tomg} just have 100sh
[15:55] {Threei} then just hold it and see what happens
[15:56] {Threei} you are long from where?
[15:56] {dino} cov mini .54, +.30
[15:56] {tomg} 15.08
[15:56] {Threei} solid buffer
[15:57] {tomg} think I'll hold it then
[15:57] {Threei} I would
[15:57] {tomg} ok, thanks
[15:57] {Threei} big position with potential to hurt, no
[15:57] {Threei} 100 shares is sleeping level :)
[15:57] {tomg} yep :)
[15:57] {Threei} Ok guys, thank you all
[15:58] {Threei} good day actually
[15:58] {Threei} have a great evening, see you tomorrow
[15:59] {dptl} have a good evening all
[15:59] {dino} fcsx stopped .00 -.09
[16:10] {bruce} night all

Friday, February 22, 2008

Feb 22 2008

[08:42] {Threei} FRPT ANNOUNCES $115M IN NEW FOREIGN ORDERS FOR COUGAR MASTIFF
- Received an order for an additional 174 Cougar Mastiff vehicles, vehicle spare parts, and field support for the UK Ministry of Defense.
[08:42] {Threei} - scheduled for completion by December 2008, with spare parts and field support coverage continuing through mid 2009.
[08:43] {Threei} this stock is neverending story of news propping it up, then decline as if all the positive effect disappears in thin air
[08:44] {cosmo} so.. they breed a dog/cat hybread?
[08:45] {Threei} no idea, I am not good at botany
[08:45] {Threei} here goes bruce telling me that botany is plants, not animals... as if there is any difference
[08:46] {cosmo} hmmm
[08:47] {cosmo} i dunno .. a couger/mastiff combination could be very effective protection...
[08:49] {cosmo} FRPT pre mkt high = 5.11 so far
[08:51] {magoo} morning
[08:51] {Threei} magoo... look what an unexpected gift we have this morning
[08:51] * Threei slaps Laserdave1 around a bit with a large trout
[08:53] * magoo slaps Laserdave1 around a bit with a large trout
[08:56] {cosmo} UNFI: United Natural Q2 profit falls; cuts FY08 EPS outlook
[08:56] {cosmo} at Reuters (Thu 6:33pm)
[08:58] {cosmo} 18.10 pre mkt high fwiw
[09:01] {bruce} sure cosmo - but a turnip mastiff combinaton?
[09:04] {Threei} or german badger-dog with suitcase
[09:06] {bruce} is that carry on protection vad?
[09:06] {Threei} no, just must look funny
[09:06] {Threei} which is an asset in and of itself in my eyes
[09:09] {esemde} good morning ladies and gentlemen of the jury.......
[09:10] {dptl} good morning all
[09:10] {bruce} for truly funny why not a parakeet / llahma cross?
[09:10] {Threei} ese, dp :)
[09:10] {bruce} now you have a bird with a big nose that spits
[09:10] {Threei} and is furry
[09:10] {Threei} I like it
[09:10] {dino} gm all
[09:10] {Threei} dino :)
[09:11] {bruce} speak of the devil - morning dino
[09:12] {dino} hmmmmm...and the devil shall appear
[09:12] {bruce} not much shakin this morning
[09:12] {bruce} cbey is down big though
[09:16] {magoo} last night bruce
[09:17] {magoo} keep in mind vad shorts today, and RIMM up pretty good if mkt goes
[09:17] {Threei} shorts? according to recent calendar, today is bull market
[09:18] {Threei} ese, look dcc please
[09:19] {dino} unfi bit of blood
[09:19] {bruce} is that from the farmers almanac vad?
[09:20] {Threei} no idea but someone somewhere obviously signed a decree that up and down days must alternate
[09:21] {bruce} got you- well that makes it easy for us then
[09:21] {Threei} yup... alliswellinlalaland one day, theskyisfalling another
[09:22] {bruce} sure - but you can get a new roof on your house from the insurance coverage on that satelite debris
[09:23] {Threei} not if I am in the house when it hits
[09:24] {Threei} which reminds me, gotta update kids info on my life insurance :)
[09:25] {lumdus} good morning all. snowing heavily in nyc
[09:25] {dino} depends on opening gap, up, end down, down end up
[09:25] {Threei} hi lum, really?
[09:25] {Threei} true dino, that's the pattern that shoqwn pretty consistently lately
[09:26] {lumdus} vad, just kidding ..
[09:27] {esemde} lum ...you from NY....I love New York!
[09:27] {lumdus} i love ny as long as i find parking
[09:27] * Threei cancels mailing skies and snow shovel to lumdus
[09:28] {_leo1} hi
[09:28] {Threei} I wanted to say I love NY but then realized that I love Manhattan
[09:28] {Threei} hi leo
[09:28] {esemde} leo
[09:28] {Threei} ese, dcc please
[09:29] {dino} lum, a yankee?
[09:29] {lumdus} yes
[09:29] {dino} onhly about 2 1/2 hours from you
[09:33] {Threei} GRMN .50 long small if holding above .30
[09:34] {Threei} still valid
[09:35] {bruce} missed it - popped
[09:35] {lumdus} hoh shoot no way with that.
[09:35] {dptl} got .54
[09:35] {Threei} no... unless entered aggressively unattainable
[09:35] {Threei} wow
[09:36] {Threei} dpt proved us wrong
[09:36] {Threei} take profit
[09:36] {bruce} congrats dp
[09:36] {dptl} out +.40 ty
[09:36] {Threei} wtg
[09:39] {bruce} you want to try grmn as pullback vad?
[09:39] {Threei} wait
[09:39] {Threei} RIMM is not dropping with NQ
[09:39] {Threei} 106.15 long
[09:39] {Threei} stop under .90
[09:40] {dino} gj dp
[09:40] {Threei} out .70
[09:40] {Threei} +.53
[09:40] {dptl} thx Dino
[09:41] {Threei} anyone caught it?
[09:41] {Threei} see big red bar 9:39 NASDAQ?
[09:41] {lumdus} s wb 32.94 stop 33.03
[09:41] {Threei} and barely couple downticks RIMM
[09:41] {bruce} too late for me vad - paased trigger when I pulled it up
[09:41] {Threei} dead giveaway
[09:42] {Threei} was available just couple cents higher for a few bruce
[09:42] {Threei} I got .18
[09:42] {dino} bby s .85, stop .17
[09:45] {bruce} cbey continues down - out +.20 quick scalp
[09:46] {dino} cov bby .61, +.24
[09:47] {Threei} keep an eye on RIMM guys, relative strength on it is remarkable
[09:47] {Threei} NQ makes new lows, RIMM retreats 20 cents
[09:47] {Threei} NQ barely bounces, RIMM makes new highs
[09:47] {bruce} I'm slow this morning dino- was looking for a stock with symbol bbys
[09:48] {Threei} any help by market, it will bust through 107 like knife
[09:48] {Threei} there
[09:48] {dino} :)
[09:48] {dino} sigm?
[09:49] {magoo} just caugty rimm
[09:49] {magoo} .70 to .09
[09:49] {magoo} to fast
[09:49] {magoo} to pout in here
[09:49] {bruce} nice mags
[09:49] {dino} why pout?
[09:50] {dino} l sigm .70
[09:50] {Threei} hopw do you like this on SIGM:
[09:50] {bruce} great exit mags - you caught exact top
[09:50] {Threei} 02/19/08 01:15am [SIGM] Baird Cuts SIGM to Neutral from Outperform, price target: $50.00
[09:52] {Threei} what's so great bruce, he sold 3 cents under high... pretty pitiful performance
[09:52] * Threei is hiding under the nearest rock
[09:52] {magoo} thats why i am poutting
[09:52] {Threei} lol
[09:52] {magoo} really fast..vad said watch it
[09:52] {magoo} i watched
[09:53] {magoo} hoit-layourt lucky
[09:53] {Threei} see, thing with stocks like RIMM
[09:53] {bruce} intu on radar dino - want to see it drop more
[09:53] {magoo} sigh..spelling
[09:53] {dino} sigm stopped -.40
[09:53] {Threei} sometimes they give you time to alert of setup coming
[09:53] {Threei} and sometimes things happen so quickly that there is no way I could type it in time,
[09:53] {Threei} so what I opt to do is
[09:54] {Threei} alert when I can
[09:54] {Threei} and give general outlook on how to play it
[09:54] {Threei} so those of you who can read and catch it could act on your own, without delay caused by my typing
[09:55] {Threei} understandably, it's not a stock for everyone
[09:55] {magoo} u like it for bounce here?
[09:55] {Threei} has quite a personality
[09:55] {Threei} sure - if NQ bounces
[09:56] {Threei} .30 is nearest support
[09:56] {Threei} not anymore
[09:56] {magoo} grmn might be short if naz retreats vad
[09:57] {Threei} I am not sure they have much correlation
[09:57] {magoo} yeah, not in chart
[09:58] {bruce} with rimm you look for a small consolidation vad - 20 c or so - then break to one side with nq also moving that way?
[09:58] {Threei} one correction bruce
[09:59] {Threei} on a day like today I will aplly that to long but not to short
[09:59] {Threei} meaning I will go with this setup on a long side, and will remain on a sideline on shoert side
[09:59] {bruce} k- cause strngth seems long for it?
[09:59] {bruce} got you
[09:59] {Threei} with such relative strength as RIMM shows short is just very labored money
[09:59] {bruce} idea is to keep small stops
[09:59] {Threei} path of least resistance is up
[10:00] {Threei} and I like easy money
[10:00] {bruce} and ready to exit on first sign of slowing on it looks like from wqtching you trade it
[10:00] {dino} bby s .94 stop hod
[10:00] {Threei} well... that's my approach since I am as risk adverse as we human beings get
[10:01] {Threei} someone with more tolerance would probably keep part for a multipoint run
[10:01] {lumdus} in ccu 31.68 stop 31.49
[10:02] {bruce} a lot of 1 min candles in it are over 60c
[10:02] {bruce} so tough to keep 20 c stops init
[10:03] {Threei} thin stock always requires some padding
[10:03] {bruce} its not thin - just real fast
[10:04] {Threei} GRMN formed quite pronounced support at 63.80
[10:04] {Threei} watching if it holds
[10:04] {Threei} nope
[10:05] {Threei} no play
[10:05] {bruce} I hate grmn - erratic as hell
[10:06] {Threei} that's what we have to play these days, normal stocks just don't move
[10:06] {Threei} keep us prisoners for hours if we venture in them
[10:06] {Threei} and for the most part stop us out eventually
[10:06] {magoo} agree vad
[10:06] {Threei} enter TIVO yesterday
[10:06] {lumdus} yeah, i am just figuring that out now.
[10:06] {Threei} it all goes in cycles
[10:07] {Threei} one day those small safe ones will start moving like their sole purpose in life is to make us as much money as possible
[10:07] {bruce} fwiw - looks like grmn may find support about.50 and bounce there
[10:08] {dino} see, gap up open
[10:08] {Chaeron} gm all
[10:08] {Threei} ch :)'
[10:09] {Chaeron} looks like a littl.e cigar butt hanging there from that smile Vad... a bit early for that no? :)
[10:09] {Threei} lol
[10:10] {Threei} AMZN starts looking interesting
[10:10] {esemde} long VCLM19.09
[10:10] {dino} bby stopped .13, -.19
[10:10] {bruce} thats what I hat4e about grmn - bounced at .50 as suspected - only moved 20c - then moved to stop and continue
[10:10] {bruce} pos
[10:11] {Threei} watching AMZN for breakout of 71.70 - 72 range
[10:12] {bruce} amzn short?
[10:12] {Threei} no
[10:12] {magoo} we are tanking ?
[10:13] {bruce} no just slummin magooski
[10:13] {magoo} amzn looks like rolling over to me {respectfully submitted}
[10:13] {magoo} maybe RIMM bounce vad
[10:13] {dino} dv l .35
[10:14] {bruce} nice entry dino
[10:14] {dino} ty waited forever
[10:14] {dino} sigm?
[10:15] {Threei} looks like short to me dino
[10:15] {magoo} RIMM vad?bounce somewhere?
[10:15] {dino} bite your toung
[10:16] {Threei} I don't have feel for it magoo
[10:17] {magoo} neither do i evidently
[10:17] {esemde} out VCLM .43 +.34
[10:17] {Threei} wtg
[10:17] {esemde} you hooked me on to it a couple of days ago
[10:18] {Chaeron} huge ese...
[10:18] {dino} gj
[10:18] {esemde} been kinda monitoring it
[10:18] {Threei} I have?
[10:18] {Threei} gosh... I don't remember it at all :)
[10:18] {esemde} RRIIGGHHTT....wink wink nudge nudge....
[10:19] {esemde} it's still goin
[10:19] {dino} risky sigm l .50
[10:26] {dino} unfi sm l .20
[10:27] {bruce} imcl looks srtong bvad
[10:28] {dino} out dv .72, +.37
[10:28] {esemde} vlcm....nice move up today ....on an iffy day for sure
[10:29] {bruce} nice dino
[10:31] {bruce} any read cbey vade - looks to me like long potential on break of .50
[10:31] {Threei} I like it bruce
[10:37] {lumdus} short ir 38.57 stop 38.67
[10:42] {Threei} beautiful read CBEY bruce
[10:42] {bruce} thanx vad
[10:42] {dino} nice one bruce
[10:42] {Threei} very clean setup
[10:45] {lumdus} ir - .11 crap
[10:46] {Threei} 1:2 CBEY
[10:47] {bruce} out cbey +.63
[10:47] {Threei} disgusting
[10:47] {Chaeron} nice bruce
[10:47] {Threei} truly disgusting
[10:47] {magoo} nice bruce
[10:47] {Threei} couple more trades like this and noone will come out and play with you
[10:48] {lumdus} very nice bruce
[10:48] {Chaeron} don't listen to Threei,,,, he's just pulling lint out of his navel
[10:48] {lumdus} awesome heads up and awesome trade
[10:48] {bruce} thanx vad
[10:48] {Threei} always :)
[10:48] {bruce} I'm worlds second worst trader- but get lucky sometimews
[10:49] * Threei is waiting to see who first takes the bait and asks bruce why second worst
[10:49] {dino} ahhh, luck
[10:50] {bruce} eternal optimism vad
[10:50] {bruce} I'm sure theres a worse one - just havne't met him yet
[10:50] {bruce} hope someone else gotcbey
[10:51] {Threei} my idea of answer to "why second/" would be: "that's how bad I am, can't even be THE worst at this"
[10:51] {bruce} lol
[10:51] {bruce} woulda said that if I'd thought of it
[10:52] {Threei} that's an old joke actually... can't claim authorship
[10:52] {bruce} possible break nvda here
[10:54] {Threei} if golding above .70, break will be valid setup on it
[10:54] {dino} pwrd
[10:56] {Threei} full point CBEY
[10:56] {Chaeron} beauty
[10:56] {dptl} out cbey +.21 on that move got it on pullback ty bruce vad:)
[10:56] {bruce} nvda invalid
[10:56] {Threei} nice dp
[10:57] {bruce} congrats dp
[10:57] {dino} ibkr l .05
[10:58] {magoo} double bottom RIMM setting up vad
[10:58] {Threei} not sujre mags
[10:58] {Threei} it lost lustre
[10:58] {Threei} can break down just the same
[10:59] {esemde} markets calm......
[10:59] {bruce} nice vad - you took full point out of it?
[10:59] {Threei} on CBEY?
[10:59] {Threei} yes
[10:59] {bruce} yes
[10:59] {bruce} wow - cool beans
[10:59] {Threei} not on full position of course, aprtialed along the road
[11:00] {bruce} k - makes sense
[11:02] {bruce} \onxx on break of .50 vad?
[11:03] {esemde} What are the chances the market will finish up today.....
[11:03] {dino} 50/50
[11:03] {esemde} hmmmmmmm
[11:03] {lumdus} in erts 49.27 sto 49.17
[11:03] {Threei} ONXX wierdly narrow today
[11:03] {Threei} not sure it's worth our time and effort
[11:03] {dino} shorts pretty good week, may cover into close
[11:04] {dino} ibkr stop to .30
[11:04] {bruce} k
[11:05] {dino} out slippage +.20
[11:09] {Threei} feels like bounce coming
[11:10] {Threei} or not
[11:10] {dino} ofix
[11:10] {Threei} short a little QID, very tight stop
[11:10] {Threei} .81
[11:11] {Threei} nope
[11:12] {lumdus} vad, talk about stocks not moving .. erts still range no movement.
[11:13] {magoo} u short qid vad?
[11:13] {Threei} stopped mags
[11:13] {lumdus} out erts -.11 crappy day
[11:14] {magoo} RIMM bounce time or is there a better trigger?
[11:14] {magoo} SHIT
[11:14] {magoo} was looking 104
[11:14] {Threei} RIMM yes, bounce but try to get in on pullback
[11:16] {Threei} shakeout QID... whimp I am
[11:16] {Threei} .76 was good entry, overtightened stop
[11:23] {Threei} CBEY worth a try for a scalp here with stop .48
[11:23] {Threei} pure risk based setup
[11:24] {dino} sm risky l ofix .85
[11:26] {magoo} what entry u get CBEY vad?
[11:26] {Threei} .54
[11:26] {magoo} .5488 here
[11:26] {Threei} no worky
[11:26] {magoo} fer
[11:26] {dino} stopped ofix .40-.45
[11:26] {magoo} now how u get out .448
[11:27] {magoo} was a blink
[11:27] {magoo} .48 im mean
[11:27] {Threei} got .43 and .45 on exit
[11:27] {magoo} ok
[11:36] {Threei} AMZN starts looking breaky
[11:36] {Threei} .91 semi-aggressive entry
[11:37] {Threei} if holding above .65
[11:40] {dino} ofix l .42 risky
[11:42] {dino} stopped done w/it
[11:45] {dino} unfi stopped .80 -.40 sm
[11:47] {bruce} sheesh ofix really dumped
[11:48] {dino} ibkr s .75, stop .03
[11:50] {bruce} aapl tanking broke 120
[11:53] {bruce} any thoughts rimmm here vad?
[11:53] {bruce} lloks like long at .50 but stop would be 30c
[11:54] {Threei} can't tell
[11:54] {Threei} things lost rythm
[11:54] {bruce} k
[11:55] {bruce} theres dance lessons for that vad
[11:56] {Threei} hmmm
[11:56] {magoo} bounce aapl vad?
[11:56] {Threei} coin toss mags
[11:56] {bruce} new reality show - dancing w magooski
[11:56] {magoo} what should i calkl then? upo or down
[11:57] {Threei} the sure bet is that coin will not hang in the air
[12:03] {dino} cov ibky .51 +.24
[12:05] {esemde} ITS!!! THE!!! WEEKEND!!!!! have a good one all see ya monday
[12:05] {Threei} take care ese, have a good one
[12:06] {dino} pwrd s .05 stop .27
[12:28] {Chaeron} .
[12:29] {dptl} Dave dcc pls
[12:29] {dino} pwrd bstop to .17, i can't even pick a short
[12:30] {bruce} ofix trying to recover some now dino
[12:31] {Chaeron} - Indices resume a downward trajectory as credit market fears continue to weigh. Major publications continue to point to signs of further deterioration in the functioning a variety of fixed income markets.
[12:31] {Chaeron} The WSJ noted that two indices that track the cost of buying insurance on bonds issued by 125 large companies have doubled since the beginning of the year, a sign that the financial squeeze that began in investments linked to subprime mortgages has spread. A separate article noted that the CMBX Index, which tracks the value of bonds backed by commercial mortgages, suggest rough waters ahead for that industry as well.
[12:32] {Threei} really
[12:32] {Chaeron} nope, not foolin'
[12:34] {dino} maybe bruce, tough one ofix
[12:38] {dino} sigm l .00, stop lod
[12:52] {Threei} yawn
[12:52] {dino} esmk
[12:55] {bruce} taking break
[12:56] {Threei} slacker
[12:56] {Threei} sit here and yawn with us
[13:05] {Threei} WHITE HOUSE: HAS 'NO CONFIDENCE' IRAN'S NUCLEAR PROGRAM IS PEACEFUL UNTIL IT MEETS ITS OBLIGATIONS
[13:07] {dino} like anybody's is strickly peaceful. issue is a joke
[13:07] {Threei} I am strictly peaceful
[13:07] {Threei} especially when my gun is loaded
[13:08] {Threei} and safety's off
[13:08] {Chaeron} lol
[13:09] {magoo} get to work would u lol
[13:10] {Threei} see, magoo ruins my extreme peacefullness
[13:11] {Chaeron} load your gun...
[13:11] {Threei} looking at OPTV with interest
[13:11] {Threei} maybe some slow accumulation starts
[13:20] {dino} ueic
[13:22] {dino} ueic s .54
[13:23] {bruce} back
[13:23] {bruce} you're right vad
[13:23] {bruce} slackers my middle name
[13:24] {Threei} I know, I wanted to claim it and found out it was taken
[13:24] {bruce} would feel guilty if I weren't following your example
[13:29] {Threei} AAPl looks like short on bounce
[13:29] {Threei} as close to 118 as can get
[13:31] {Threei} practically no bounce... .80 was the best it could do
[13:31] {bruce} around 118 w 30 c stop vad?
[13:32] {Threei} it's gone bruce
[13:32] {Threei} no bounce to short into, and too far from there now
[13:32] {Threei} if it does go as high as 118 from here, it's a whole new setup, need to reevaluate
[13:33] {bruce} for now - but may still come back to 118
[13:33] {bruce} k
[13:33] {bruce} thanx
[13:33] {Threei} look at it this way
[13:33] {Threei} it dropped 60 cents,
[13:34] {Threei} if it can gather as much strength as needed to go all the way back, you better look again because it can be a sign of reversal
[13:34] {Threei} don't enter on price alone
[13:34] {Threei} see how it acted to get to that price
[13:35] {bruce} looks to me like its droppingin about1 buck on major breaks
[13:36] {bruce} we might still be able to short here w .70 stop
[13:38] {magoo} aapl .looks like following naz, any thoughts?
[13:39] {Threei} it does mostly but its weaker
[13:39] {Threei} I would play it on short side only
[13:43] {magoo} u reading rimm at all..maybe short
[13:44] {Threei} rather short than long, but there is no clean compelling setup
[13:45] {Threei} I don't want to fire half-baked entries at you, it's a sure way to get unnecessary stops
[13:46] {bruce} k
[13:46] {magoo} are u drinking already on this snowy wintery day?
[13:46] {Threei} snowy?
[13:46] {Threei} wintery?
[13:46] {bruce} half baked pies are no good either
[13:46] {Threei} I don't know what you are talking about
[13:46] {Threei} sun, warmth
[13:47] {bruce} was watching aapl - you didn't think the .43 break was worth a try vad?
[13:47] {bruce} sunny here too
[13:47] {Threei} I just don't like too wide stop bruce
[13:47] {Threei} there is no rsistance close enough for comfort
[13:47] {bruce} we're selling vqcation packages to sunny saskatchewan
[13:47] {bruce} k
[13:48] {magoo} blizzard here in n.e. pa
[13:48] {bruce} I saw range contraction
[13:48] {bruce} but not over very big time frame
[13:48] {Threei} yes and nearest resistance is .70, and not very pronounced
[13:49] {Threei} sorry to hear mags
[13:49] {bruce} k
[13:49] {Threei} I swear, the day I decided to move to Victoria was at par with the day I decided to leave xUSSR
[13:50] {bruce} ah - still pining away for the homeland vad?
[13:50] {Threei} bruce can have whole praries to himself
[13:50] {bruce} lol
[13:50] {bruce} already have it to myself vad
[13:51] {Threei} Praries aka Bruce's Kingdom
[13:51] {bruce} hmmm
[13:51] {bruce} nice ring to that
[13:51] {Threei} homeland... hmmm... I am afraid it would feel much more foreign to me now than any place in USA/Canada :)
[13:51] {bruce} we're surrounded by water here vad
[13:52] {bruce} the pacific and atlantic
[13:52] {bruce} Iremember you saying you liked islands
[13:52] {Threei} yup... pacific only around me
[13:52] {bruce} exactly
[13:53] {bruce} how boring
[13:53] {Threei} AAPL short maybe shapes up...
[13:53] {Threei} .50 resistance
[13:54] {Threei} if can't break it
[13:54] {Threei} hard to find trigger
[13:54] {Threei} weakness from here
[13:54] {Threei} with stop above .50
[13:55] {magoo} prob is naz move up
[13:56] {Threei} yup
[13:58] {bruce} you think crox worth ry shhort here vad? looks good but very volatile one
[13:58] {Threei} it's actaully much more tame than it used to be
[13:59] {bruce} yes - -at least todays chart is
[13:59] {Threei} and yes, looks like good short if market helps
[14:00] {Threei} AAPl worked direction wise but exact entry/stop on it was practically unreadable
[14:02] {bruce} yes - those are tough ones
[14:02] {bruce} big stops if they don't work
[14:02] {bruce} and lots of moving around til they prove themselves
[14:04] {magoo} i like amzn short....any thoughts
[14:04] {lumdus} short rimm 103.55 stop 103.83
[14:04] {dino} ueic stopped -.26
[14:05] {Threei} RIMM and AAPL are better shorts magoo
[14:06] {lumdus} let's hope rimm does it for me.
[14:08] {Threei} come on NASDAQ, rug pull time
[14:08] {Threei} there
[14:09] {lumdus} yeah, go rimm now..
[14:15] {Threei} new low AAPL
[14:15] {Threei} RIMM is still hanging for dear life
[14:16] {lumdus} it got to .82 just 1 penny from my stop.
[14:17] {dino} rimm nice gap around 98
[14:18] {lumdus} our rimm -.30
[14:18] {dino} tson
[14:19] {Threei} unreadable mess
[14:21] {magoo} tson short vad..avail
[14:22] {Threei} I see upgrade by LEH
[14:22] {Threei} anything else on it?
[14:22] {magoo} dunno
[14:22] {Threei} FED'S FISHER: FED MUST BE MINDFUL OF DUAL MANDATE, 'PERVASIVE PESSIMISM' IS INFECTING BUSINESS OUTLOOK - Q-A
[14:23] {Threei} - Says central bank must take care not to stir up inflation, noting Fed is having serious discussion regarding inflation pressures, and see rises in US inflation partly due to higher food and energy costs outside Fed control given most of inflation pressure is globally driven
[14:23] {Threei} - Sees 'economic anemia" for couple of quarters, growth risks could suffer more than expected and rate cuts take at least six months to have influence
[14:23] {Threei} - Says Fed must take care that policy action does not impact economy while preventing economy from slipping into prolonged recession and cannot help but worry about an economy that has become infected
[14:23] {Threei} - Stimulus package will be positive if enacted quickly and could also boost consumer spending while Long-term liabilities are biggest fiscal concern
[14:23] {Threei} - Says 'highly unlikely' Governor nominees to join Fed
[14:23] {Threei} - Notes it is possible for policymaker to dissent without disagreeing with policy direction
[14:23] {Chaeron} 02/21/08 04:04pm [TSON] Trans1 Inc Reports Q4 -$0.07 v -$0.12e, R $5M v $4.5Me
[14:24] {Chaeron} shoot... wrong one... sorry
[14:28] {bruce} bang chaeron
[14:28] {Chaeron} [TSON] Trans1 Inc Lehman Raised TSON to Overweight from Equal Weight
[14:28] {Chaeron} 02/21/08 04:04pm [TSON] Trans1 Inc Reports Q4 -$0.07 v -$0.12e, R $5M v $4.5Me
[14:28] {Chaeron} dang pc was frozen too
[14:28] {Threei} lol
[14:35] {lumdus} short dis 31.87
[14:38] {bruce} major support on dailys for dis lum at those levels - hope it works for you
[14:39] {bruce} ueic now dino
[14:40] {bruce} s ueic .89
[14:44] {dino} 22.89?
[14:44] {dino} 21.89}?
[14:45] {bruce} sorry - 21.89
[14:45] {bruce} wishful thinking my part
[14:51] {bruce} exited -12 c
[14:52] {Threei} let's see if last hour brings anything readable... quite useless afternoon so far
[14:53] {bruce} nic4e recovery in ofix dino - watched it but couldn't decide on an entry attempt
[14:53] {dino} phlyu
[14:54] {Threei} RIMM .20 long if stays above 104
[14:55] {Threei} target closer to .50
[14:57] {bruce} thanx vad - nice to have actual target for rimm trade
[14:58] {Chaeron} .
[14:59] {magoo} valid?
[15:00] {magoo} was out robbing bank
[15:00] {Threei} yes
[15:00] {magoo} in
[15:05] {Threei} official record:
[15:05] {Threei} this is first time in my life I fell asleep while trading RIMM
[15:05] {bruce} lol vad
[15:06] {Threei} tells you everything you need to know about today
[15:07] {magoo} not only that.one breif chance to hit .35 and down
[15:08] {magoo} can't make anything on half lot
[15:08] {lumdus} l tev 48.40
[15:08] {lumdus} teva
[15:10] {magoo} christ
[15:10] {magoo} now a loss
[15:10] {magoo} i suk
[15:10] {Chaeron} me2
[15:11] {lumdus} magoo, i suck today also - seems normal for the day.
[15:11] {magoo} i need a beer
[15:12] {lumdus} i need voda, beer wont do it today
[15:12] {magoo} not blaming u vad, it had .14 cents but sheesh
[15:12] {magoo} one second and thought lil more than that
[15:12] {Threei} oh you can blame me, I don't mind
[15:13] {lumdus} vad, you think i have shot with teva in .40
[15:13] {Threei} chart is right... the rest is in trading gods hands
[15:13] {Chaeron} we need a sacrifice?
[15:13] {Threei} I have one to offer
[15:13] * Threei slaps Laserdave1 around a bit with a large trout
[15:14] * Chaeron slaps Laserdave1 around a bit with a large trout
[15:14] {lumdus} well, you had me magoo and i am sure we can get a 3rd sacrifice.
[15:14] {lumdus} stop on tev 43.36
[15:14] {Chaeron} hmm... not working... throw them leo... he's a newguy :) teasing leo... we love ya
[15:15] {_leo1} go to hell:)
[15:15] {Chaeron} roflol
[15:16] {bruce} ueic dumped nicely
[15:16] {bruce} throw leo to the lions
[15:16] {Threei} what a bloodthristy room
[15:17] {Threei} I am canceling my membership
[15:17] {_leo1} sorry
[15:17] {bruce} opps - none here - have to settle for those german badger dog w suitcase
[15:18] {lumdus} aapl looks good for bounce .. without me but
[15:19] {Threei} not yet lum
[15:19] {Threei} but soon
[15:19] {lumdus} i am getting to tempted..
[15:19] {lumdus} maybe i wait 10 mins for this
[15:19] {Threei} one more leg down
[15:20] {lumdus} it's nice high volume on it.. wow
[15:21] {lumdus} break of 116
[15:21] {Threei} there
[15:21] {Threei} bounce time on first NQ strength
[15:21] {lumdus} i want it above 116
[15:21] {lumdus} in 116.03
[15:21] {lumdus} atop 115.87
[15:21] {Threei} .86
[15:22] {magoo} '.04
[15:22] {bruce} leco dino
[15:22] {lumdus} vad, you in ?
[15:22] {Threei} yes, and the funniest thing is,
[15:22] {Threei} my price is .035
[15:22] {Threei} just between you and magoo
[15:22] {lumdus} wow !
[15:23] {Threei} hmmm
[15:23] {lumdus} yeah, not like
[15:24] {Threei} double bottom or bust
[15:24] {magoo} christis that it?
[15:24] {lumdus} i didn't like break of 116.00
[15:24] {Threei} ok, do you like cross back?
[15:24] {lumdus} now i feel much better here we go
[15:25] {magoo} death by a thousand cuts
[15:25] {lumdus} offering to sell 116.70 ha haa
[15:25] {dino} yeah pretty much magoo 8 stops
[15:25] {Threei} finally
[15:25] {magoo} where u thinking vad..i suk'
[15:26] {Threei} thinking I am not
[15:26] {Threei} half out
[15:26] {Threei} stop to under 116
[15:26] {lumdus} chicken
[15:26] {Threei} let it trade
[15:26] {magoo} out ,26
[15:26] {magoo} ty but f
[15:26] {Threei} full?
[15:26] {lumdus} ok, i got .10 trailing stop now.
[15:27] {lumdus} out .17 + .14
[15:28] {magoo} full what?
[15:28] {Threei} who is chicken now?
[15:28] {magoo} full lot?
[15:28] {Threei} out full position?
[15:28] {lumdus} i am fried chick...
[15:28] {magoo} yes and no
[15:28] {Threei} hmmm
[15:28] {lumdus} yes, out full here.
[15:28] {Threei} you are one complicated dude
[15:29] {lumdus} actually liquidty was very good with the trade. triple lot
[15:29] {lumdus} why you say complicated ?
[15:29] {Threei} not you... magoo
[15:29] {Threei} [15:28] {magoo} yes and no
[15:29] {magoo} i went out full and reloadeedc rd two
[15:29] {Threei} oh
[15:29] {Threei} out
[15:30] {Threei} .78
[15:30] {dino} spike
[15:30] {magoo} out .71
[15:30] {Threei} now, tell me... was it good read or what about one more leg down and then reversal
[15:30] {magoo} awesome, but..........
[15:30] {Threei} always but...
[15:31] {dino} dji going green
[15:31] * magoo slaps Threei around a bit with a large trout
[15:32] {magoo} DINO, WHERES MY BREW
[15:32] {dino} lol i'm trying to hold out until 4:00
[15:33] {magoo} so what.i'm not
[15:33] {bruce} how did you pick 116 for reverse vad?
[15:33] {magoo} vad, again
[15:33] {Threei} I didn't pick price
[15:33] {Threei} it was sharp selloff that required one more step down to complete panic
[15:34] {magoo} ahhhhhhhhhhh
[15:34] {magoo} beer
[15:34] {Threei} when this step down materialized, first strength was to buy
[15:34] {Threei} cross back over 116 showed just that
[15:34] {Chaeron} nas nuts
[15:35] {Chaeron} what happened? I was away for a minute
[15:35] {lumdus} ok, now ready to short appl
[15:35] {Threei} nothing really... just market being it latest self
[15:35] {bruce} k - can't figure out how you tell how many steps of selling down
[15:35] {lumdus} shor taapl 117.93 stop 118.10
[15:35] {Threei} one more spike AAPL
[15:35] {bruce} sure was one heck of a bounce in market
[15:36] {lumdus} nah, i should be fine :)
[15:36] {magoo} good man
[15:36] {magoo} was tyhinking that
[15:36] {lumdus} i guess not, stopped .12
[15:36] {lumdus} what a spike this was .. damm
[15:36] {dino} green sheesh
[15:37] {dino} watch the dji go up to hod
[15:37] {bruce} would all that green have anything to do with auto short covering?
[15:37] {Threei} whew
[15:37] {Threei} .40 short, .95 cover
[15:38] {Threei} too fast to post
[15:38] {magoo} sh .20
[15:38] {magoo} out
[15:39] {lumdus} sh .40 stop
[15:39] {lumdus} .61
[15:40] {lumdus} i think this is called revenge trading .. so i better stop soon .. but ..
[15:40] {lumdus} common get back down little boy
[15:41] {lumdus} stop appl b/e .41 .. enough
[15:41] {lumdus} common wrong way appl
[15:42] {bruce} is there a qid long trade here vad?
[15:43] {lumdus} vad, this time i know chicken ..
[15:43] {Threei} bruce, this spike upset all patterns known to humankind
[15:43] {bruce} k
[15:43] {lumdus} yes, my quotes can't even keep up there..
[15:43] {lumdus} ok, stop 118.05
[15:44] {Threei} quotes are OK, ask if need anything
[15:44] {lumdus} stp 117.85
[15:45] {lumdus} where we at .. appl ?
[15:45] {lumdus} damm crap stuck ..
[15:45] {Threei} 117.78
[15:45] {Threei} .81
[15:45] {lumdus} my thingy triggered already
[15:45] {Threei} ok
[15:46] {lumdus} out 117.85 +..40 ?
[15:46] {Threei} lum, you are trading stocks your software can't handle
[15:46] {Threei} told you about it alreadyt
[15:46] * magoo slaps lumdus around a bit with a large trout
[15:46] {lumdus} not my software, my laptop ..
[15:46] {lumdus} oh, +.55 - good
[15:46] {magoo} dino said"u short aaple mags?"
[15:46] {bruce} put in more memory lum
[15:46] {bruce} should help
[15:47] {magoo} i said"cyber can't handle it dino" lol
[15:47] {Threei} you were lucky enough to be away on couple very active days when your brokerage experienced troubles keeping up
[15:47] {Threei} one day you won't be that lucky
[15:47] {lumdus} sh appl again 118.50 stp .61
[15:48] {lumdus} vad, i talk soon .. watching my crap here.
[15:48] {dino} lol
[15:48] {magoo} vad, got anything into bell?
[15:48] {Threei} ABK
[15:48] {Threei} MAKING SIGNIFICANT PROGRESS ON RECAPITILIZATION, ANNOUNCEMENT ON POSSIBLE BAILOUT COULD COME EARLY NEXT WEEK - CNBCS GASPARINO
[15:48] {lumdus} stop on aapl .49 break even
[15:49] {lumdus} vad, my brokerage have trailing stop, that why i like it.
[15:49] {lumdus} out aapl .19
[15:49] {bruce} sheesh vad - we just needed to hold that long in rimm a little longer
[15:49] {Threei} I suspect that was the news that propped market
[15:49] {Threei} you are very mistaken on it lum, IMO
[15:49] {lumdus} +.31 ..
[15:49] {Threei} trailing stop you apply makes no sense
[15:49] {Threei} it trails by certain amount of cents
[15:49] {Threei} this is not the way to trail it
[15:50] {Threei} stop should be trailed as and where new support levels are formed
[15:50] {lumdus} I know, but for my style , when a stock runs i don't have good control - has worked for me very well . I am not as controlled as you are.
[15:50] {Threei} not by formal amount of cents
[15:50] {Threei} the sdame way as original placement is not done by cents but by chart copnfiguration
[15:50] {lumdus} vad, yes - but think of aapl like now. I need that trailing - because it's wacky. i put it in walk away ..
[15:50] {Threei} hell
[15:51] {Threei} who walks away while trading AAPl
[15:51] {Threei} you are kidding :)
[15:51] {lumdus} i do , with trailing stop
[15:51] {Threei} what can I say
[15:51] {Threei} this is not the way to do it
[15:51] {lumdus} you see once it breaks support and start to run , i put the trailing stop and walk away.
[15:52] {Threei} you think it works because you haven't tracked it properly
[15:52] {Threei} want fresh example?
[15:52] {Threei} your trailing stop took you out of that long
[15:52] {Threei} when there was no slightest reason to exit
[15:52] {Threei} not at high, not at stop, not at sign of reversal
[15:53] {Threei} just in the middle of nowhere
[15:53] {lumdus} ok, but at least it protects me from loses. that's what i focus on.
[15:53] {Threei} [15:26] {lumdus} ok, i got .10 trailing stop now.
[15:53] {Threei} [15:27] {lumdus} out .17 + .14
[15:53] {Threei} this one
[15:54] {lumdus} right +.14 is better then negative
[15:54] {Threei} from losses - put your initial stop in if you suspect you may get overwhelmed by emotions
[15:54] {Threei} but to trail it like this is incorrect
[15:54] {Threei} no lum... sorry, this is wrong way to look at it
[15:55] {lumdus} ok, will need to redo myself here.
[15:55] {Threei} let's talk about it more next week
[15:55] {lumdus} ok.
[15:56] {lumdus} damm this market what a reversal that was
[15:56] {Threei} glad we got this trade on th last hour
[15:56] {Threei} made up for boring afternoon
[15:56] {Threei} thank you all
[15:56] {lumdus} oh yes, that was awesome finight to the wek. made up for all day
[15:56] {Threei} have a great weekend
[15:56] {lumdus} you too vad. take care
[15:56] {Threei} see you on Monday
[15:56] {bruce} rimms going up like rocket still
[15:56] {Threei} :)
[15:57] {dptl} have a good weekend all
[15:57] {dino} up 104
[15:57] {dino} 240
[15:57] {dino} +
[15:59] {magoo} hey vad..really..AWESOME read ionto bell
[15:59] {Threei} ty
[15:59] {dino} stick a fork in me.
[15:59] {magoo} i made 1k on it
[15:59] {dino} glad this week is over
[15:59] {Threei} see... trade should come to you
[15:59] {magoo} over 3 trades of course
[15:59] {Threei} perfect
[16:00] {Threei} don't force it
[16:00] {magoo} that was the yes and no
[16:00] {Threei} try to seek it actively, and you find yourself pushing it
[16:00] {Threei} wait for it to come to you, it happens naturally

Thursday, February 21, 2008

Feb 21 2008

Session Time: Thu Feb 21 00:00:00 2008


[08:19] {Threei} Good morning
[08:19] {Threei} was satellite shooting a success?
[08:21] {hawkfan4} my attempt was unsuccessful
[08:21] {Threei} and theirs?
[08:21] {Threei} just need to know if I need an umbrella when I have to go out in a few hours
[08:21] {hawkfan4} no idea
[08:22] {Threei} debris falling from the sky, you know
[08:23] {hawkfan4} Sattelite debris: 'Nothing bigger than a football'
[08:23] {hawkfan4} Honolulu Advertiser, HI - 28 minutes ago
[08:23] {hawkfan4} AP WASHINGTON (AP) — A US missile smashed a disabled spy satellite that was headed for earth and the military is tracking the debris as it falls over the ...
[08:25] {hawkfan4} i think a football size chunk of sattelite could still hurt a bit
[08:28] {Threei} cool, ty
[08:28] {esemde} Vad bruce hawk jm........you all...is up early...
[08:29] {hawkfan4} morning
[08:29] {esemde} my my ....what is going on this morning....shooting satelites out of the sky
[08:30] {Threei} ese :)
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 349K V 349KE; CONTINUING CLAIMS 2.784M V 2.760ME
- Prior jobless claims revised from 348K to 358K
[08:30] {Threei} - Prior continuing claims revised from 2.761M to 2.736M
[08:33] {Threei} MSFT
[08:33] {Threei} EXPECTS TO MAKE SIGNIFICANT COMPANY ANNOUNCEMENT AT 8:30AMPST
- Notes that announcement is not related to Yahoo
[08:33] {Threei} chapter 11?
[08:34] {magoo} mornimng\
[08:34] {esemde} ha ha ha ha......
[08:34] {Threei} magoo :)
[08:35] {esemde} magoo
[08:35] {bruce} mornin hawk
[08:35] {bruce} magstradamus
[08:36] {bruce} the satelites done vad - they nailed it
[08:36] {magoo} they hit that sattelite on first attempt vad, pretty amazing
[08:36] {Threei} no kidding
[08:37] {Threei} stuff right out of Hollywood eh?
[08:37] {magoo} u would think we could place a missile right up osama's butt if we could find him
[08:37] {magoo} they were prepared to fire up to 3 i believe
[08:38] {Threei} ese, look dcc please
[08:43] {magoo} man vad, look at RIMM
[08:43] {magoo} what happened?
[08:45] {hawkfan4} 21-Feb-08 06:37 ET In Play Research In Motion reaffirms EPS & revs guidance; raises subscriber additions guidance (97.91 )
[08:45] {magoo} thanx hawk :)
[08:46] {hawkfan4} np :)
[08:47] {esemde} any word on the MSFT news
[08:47] {Threei} trying to make up my mind whether I want to get back in VLNC as it breaks out again
[08:48] {Threei} no, not yet
[08:48] {Threei} it was 8:30 PST
[08:48] {Threei} not EST
[08:49] {Threei} ETA is 2h 40 m :)
[08:49] {esemde} looked on yahoo....article says yahoo msft done deal
[08:49] {esemde} sorry....now readin another article thats says no deal
[08:51] {Threei} third will say there is no such company as msft... and 4th will deny existence of yahoo
[08:56] {Threei} maybe MSFT will say they abandon software business?
[08:56] {Threei} focus on toilet paper production
[08:57] {esemde} yuk yuk
[08:57] {bruce} cnbc reports fear of stagflation
[08:58] {bruce} satelite debris and now male deer
[08:58] {bruce} always something new to worry about
[09:03] {bruce} just shows you -
[09:04] {bruce} the sky IS falling and the wildlife is out to GET YOU
[09:04] {dino} gm all
[09:04] {Threei} dino :)
[09:04] {bruce} hey dino
[09:05] {esemde} dino
[09:06] {bruce} vdsi gapdown
[09:07] {dino} gm bruce, es, 3i
[09:08] {curtisweese} wow, RIMM had some good breakfast this morning
[09:09] {Threei} question is whether it gets lobster for dinner
[09:09] {bruce} alxn 4 straight large down days
[09:09] {cosmo} ...can't find any news on that satelite ... all that's on is John McCain....wha happened?
[09:10] {Raven}
3 satellite is toast
[09:10] {Raven}
3 they hit it
[09:11] {Threei} and now theskyisfalling
[09:11] {cosmo} where?... over China?
[09:11] {curtisweese} RIMM looks like it is trying to hit same price as AAPL, so they really track together
[09:11] {Raven}
3 dunno ... they hit it when they wanted to hit it
[09:12] {Raven}
3 debris pieces no larger than a football so they say
[09:12] {Raven}
3 wear your hard hat when walking the dog
[09:13] {cosmo} dogs
[09:13] {Raven}
3 dogs ... sorry
[09:13] {curtisweese} NEW YORK (Dow Jones)--Shares of Research In Motion Ltd. (RIMM) rose 11% to $109 before the opening bell Thursday after the BlackBerry service provider boosted its fiscal fourth-quarter subscriber-growth forecast by 15% to 20%.
[09:13] {curtisweese} Total subscribership is expected to stand near 14 million when the quarter ends March 1.
[09:13] {curtisweese} RIM reiterated its forecasts of earnings between 66 cents and 70 cents a share on revenue of $1.8 billion to $1.87 billion. The quarter's results are slated to be issued April 2.
[09:15] {curtisweese} nice work mccain
[09:15] {magoo} on mccain..who gives a hoot? clinton /cigar in white house
[09:15] {magoo} and it was alleged in 2000, 8 yrs ago
[09:16] {Threei} who said you may use fresh dirt only for each battle
[09:17] {dptl} good morning all
[09:17] {Threei} dp :)
[09:17] {curtisweese} "I wasn't friendly with that Lobbyist!!! She was going down on ME!"
[09:17] {dino} lol
[09:18] {magoo} msft"significant company announcemt" @ 11:30
[09:18] {Threei} yes mags
[09:19] {Threei} we had several suggestions about possible topic earlier
[09:19] {Threei} I think I had the coolest idea but ese said it was yuky
[09:19] {curtisweese} what stocks on the radar this morning for possible targetting for trades?
[09:20] {magoo} i just meant thats the time of day
[09:20] {Threei} want to see what VLNC does, for possible continuation,
[09:20] {Threei} COIN is a runner when market runs,
[09:20] {Threei} SEED the same,
[09:20] {Threei} frikin TIVO got away, gapped over resistance
[09:20] {Threei} but still on watch
[09:21] {Threei} and anything that scanner spits out in a process :)
[09:22] {curtisweese} Didn't NVTL have bad earnings? It is up right now.....hmmm
[09:23] {Threei} earnings were OK, guidance was lower
[09:23] {dino} tgt to sell, sti to underperform
[09:25] {bruce} aci poised for possible 55 break
[09:26] {magoo} grmn could recover today if mkt want up
[09:26] {magoo} on watch
[09:26] {curtisweese} i was looking at grmn too........
[09:26] {cosmo} BCSI pre mkt high = 31.22 fwiw
[09:27] {dino} throw some heat to PA, that 6 degree 2 mile is getting old
[09:28] {dino} ssrx
[09:28] {curtisweese} jeez ....if market stutters, aapl might be a good short candidate ....down to 124.45 (or it could race up and take all my money
[09:31] {bruce} bcsi long vad?
[09:31] {magoo} watching rimm as bounce, any read vad?
[09:32] {Threei} let initial market jumps end and show direction
[09:32] {dino} tgt s .50
[09:32] {Threei} TIVO, 9.10 long if gets hit
[09:33] {Threei} if loses 9, re-evaluating later
[09:33] {curtisweese} NVTL just got crushed
[09:33] {curtisweese} aapl short would have worked....grrr
[09:33] {Threei} RIMM becomes interesing
[09:34] {Threei} still a bit too jumpy
[09:34] {magoo} yep
[09:34] {bruce} if tivo fires - stop just under 9?
[09:34] {Threei} depends on where it bottoms out on this pullback
[09:35] {bruce} pros big jump
[09:36] {Threei} if market jumps, aggressive entry possible on TIVO
[09:36] {Threei} only into upticking resumed, not while it sells
[09:36] {magoo} schizo open
[09:37] {bruce} itri going long - real jumpy stock though
[09:38] {cosmo} snps
[09:38] {dino} tgt stopped -.31
[09:39] {Threei} COIN .20 long half lot if stays above 12
[09:40] {Threei} TIVO triggered
[09:41] {Threei} COIN invalidated
[09:42] {curtisweese} what exits for TVIO? i'm in barely
[09:42] {Threei} SOLF .60 long half lot
[09:43] {Threei} stop under .40
[09:43] {Threei} let it trade for now curtis
[09:45] {Threei} look to sell half on spike over .20
[09:49] {Threei} JNPR .41 long if stays above .30
[09:51] {curtisweese} man grmn keeps dropping
[09:53] {dino} waiting at 62.01
[09:54] {dino} close to retest]
[09:54] {bruce} crox possible short
[09:54] {magoo} grmn 52 wk low 50
[09:55] {Threei} FABER ON CNBC SAYS HE'S HEARING THE MSFT ANNOUNCEMENT CONCERNS "INTEROPERABILITY"
[09:55] {dino} yesterday magoo, stay w/me
[09:55] {curtisweese} dino, you going to buy in on GRMN at 62.01 then?
[09:55] {magoo} i meant, near lows
[09:56] {dino} if it gets there
[09:56] {magoo} off of 145
[09:56] {dino} if mkt goes up, i'll have to move up too
[09:57] {dino} not going to get there
[09:57] {Threei} we have numbers in couple min
[09:58] {Threei} leading indicator
[09:58] {Threei} and philadelphia index
[09:59] {curtisweese} missed it this jump
[09:59] {dino} maybe so
[10:00] {Threei} JAN LEADING INDICATORS: -0.1% V -0.1%E- prior revised from -0.2% to %
[10:00] {Threei} FEB PHILADELPHIA FED INDEX: -24 V -10E
[10:00] {Threei} wow
[10:00] {dino} mkt drop
[10:01] {Threei} - New Orders: -10.9 v -15.2 prior
[10:01] {Threei} - Employment: 2.5 v -1.5 prior
[10:01] {Threei} - Prices Paid: 46.6 v 49.8 prior
[10:01] {Threei} - Inventories: -13 v -11.7 prior
[10:02] {magoo} man, schozo mkt
[10:03] {cosmo} ssrx healing?
[10:03] {cosmo} 8.75 hod
[10:03] {cosmo} so far
[10:05] {Chaeron} hi all
[10:05] {Threei} chaeron :)
[10:05] {curtisweese} patience you going to Bellevue Square mall tomorrow?
[10:05] {dino} itri sm s .41
[10:05] * magoo slaps Chaeron around a bit with a large trout
[10:06] {Chaeron} heheh
[10:08] {dino} hurn l .50
[10:09] {bruce} tivo stop just under 9?
[10:09] {Threei} yes
[10:09] {dino} itri stopped -.40 sm
[10:09] {esemde} CSGP....
[10:11] {magoo} double bottom rimm vad?
[10:12] {Threei} yes but don't chase, use its natural volaitlity to get in on pullback
[10:12] {Threei} there
[10:14] {Threei} chart wise pullback was just right, now it's in NQ hands
[10:14] {Threei} you got it?
[10:14] {magoo} out
[10:14] {magoo} + .30
[10:15] {Threei} .30 - .81 here
[10:15] {magoo} small
[10:15] {magoo} TY
[10:15] {Threei} and too soon, lol
[10:15] {magoo} again
[10:16] {Threei} need pullback to .50 to get me interested again but doesn't look like going to happen
[10:20] {Threei} US TREASURY'S STEEL: STUDYING NEW MORTGAGE REFINANCING PROPOSAL INVOLVING "NEGATIVE EQUITY CERTIFICATES"- Ideas to help prevent US homeowners from entering foreclosure a good thing
[10:26] {Threei} KLAC .31 long if stays above .20
[10:27] {magoo} full?
[10:27] {Threei} yes
[10:29] {Threei} holding well so far, needs market help
[10:29] {magoo} bounced right at .21
[10:29] {Threei} noticeably stronger than overall market
[10:29] {curtisweese} GRMN is fighting and seems like it doesn't want to drop down to 62ish
[10:30] {Threei} 1:1
[10:30] {magoo} in
[10:30] {dino} vtal s .64
[10:30] {dptl} out klac ty
[10:30] {Threei} welcome
[10:30] {Threei} DOE CRUDE: +4.2M V +2.5ME ; GASOLINE: +1.03M V +700KE ; DISTILLATES: V -1.6ME ; UTILIZATION: % V 85.1%E
[10:30] {Chaeron} in KLAC
[10:32] {magoo} way fast..i still in
[10:33] {magoo} mkt killing it
[10:34] {Threei} as long as .20 holding, it's valid
[10:34] {magoo} mkt spike down scared mago
[10:35] {curtisweese} in GRMN 63.10 come on market!
[10:36] {Threei} stop 62.90 IMO, curtis
[10:36] {curtisweese} i put it at .80, but .90 sounds great
[10:36] {Threei} latest bounce is off .93
[10:37] {magoo} klac always gets me
[10:39] {Chaeron} me too
[10:39] {cosmo} ntes
[10:39] {cosmo} late
[10:42] {bruce} vdsi possible long reversal here
[10:42] {dino} vtal bstop to .20
[10:43] {dino} lod's
[10:46] {magoo} what the f is wrong now with mkt?
[10:46] {curtisweese} msft announcement
[10:46] {curtisweese} interoperability
[10:47] {dino} vtal to .11
[10:49] {dino} vtal cov .11, +.53
[10:50] {dino} grmn l .00
[10:51] {bruce} givn dino
[10:52] {dino} y
[10:54] {curtisweese} i'm out on GRMN +$.08 only hehehe...i got scared
[10:54] {dino} out grmn .24, +.24
[10:54] {dino} way soon
[10:54] {curtisweese} crap!! forgot about tivo......down n that a lot....
[10:55] {bruce} klac short setup now
[10:56] {curtisweese} threei you out on TIVO now right...i forgot to set stop ... :(
[10:57] {Threei} it lost 9... of course out
[10:57] {curtisweese} i only had small shares so no biggie :)
[10:57] {curtisweese} lol...now it goes up a bit
[10:59] {magoo} short qid vad?
[10:59] {Threei} hmmm
[10:59] {Threei} you see nasdaq as reversal here?
[10:59] {magoo} soon
[10:59] {Threei} not yet...
[11:01] {dino} vtal s .96
[11:01] {dino} stop .21
[11:01] {curtisweese} dang, i wish i had shorted AAPL this morning
[11:02] {dino} grmn getting stronger imo
[11:02] {curtisweese} yep wiating for 63.78 or so to buy again
[11:04] {curtisweese} or short...lol
[11:05] {bruce} vad asyt -looks like your kind of long play
[11:06] {Threei} way too slow...
[11:06] {dino} ima l .15
[11:08] {bruce} k
[11:10] {curtisweese} shorted GRMN at 63.50
[11:11] {dino} vtal stopped -.26
[11:13] {bruce} gutsy curtis - nice move
[11:13] {curtisweese} out GRMN short +$.30
[11:14] {dino} gj
[11:14] {curtisweese} thx...got me back after my tivo bloodbath...lol!!!
[11:14] {magoo} uh, vad...........
[11:14] {Threei} I need to review my definitions
[11:15] {magoo} look right
[11:15] {Threei} 11 cents stop bloodbath?
[11:15] * Threei slaps Laserdave1 around a bit with a large trout
[11:15] * magoo slaps Laserdave1 around a bit with a large trout
[11:15] {magoo} chaer??
[11:15] {curtisweese} noooo! i forgot to set my stop and that I was sitting on TIVO....i got sidetracked.....my fault all the way
[11:16] {Laserdave1} hey guys
[11:16] {Threei} even the worst level it reached hardly qualifies as bloodbath, really
[11:16] {dino} he did say that
[11:16] {curtisweese} need GRMN to drop and marktet to just stay stagnant and we can ride it back up $.30 or so it looks like
[11:18] {curtisweese} bought GRMN 62.93
[11:19] {Threei} COIN...
[11:19] {magoo} i wish it was shortable
[11:19] {esemde} I'm gone...all....have a great rest of the day
[11:20] {magoo} wait!!!!!!!!!!!!!!
[11:20] {Threei} take care ese
[11:20] * magoo slaps esemde around a bit with a large trout
[11:20] {esemde} ouuuuuu......felt good
[11:21] {curtisweese} market big drop and GRMN holds....looks good to me as a newbie for $.03 now
[11:21] {curtisweese} i mean $.20 to .30
[11:21] {bruce} careful with grmn curtis - tricky stock
[11:23] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:23] {Chaeron} sorry... was on phone with bank...... (bastards)
[11:23] {magoo} finally
[11:27] {dino} alxn l .60
[11:32] {curtisweese} out GRMN +$.40
[11:32] {curtisweese} too early but pigs get slaughtered ;)
[11:36] {bruce} nice curtis
[11:37] {curtisweese} i think i got the highest price before it dropped....too close for comfort!
[11:40] {Threei} RIMM .61 long
[11:40] {Threei} stop under .40
[11:42] {bruce} ftek long vadster?
[11:43] {Threei} trades by appointment... can't read that
[11:43] {curtisweese} hahahaha
[11:44] {curtisweese} GRMN consolidates....can't figure out which way it is gonna go.... :(
[11:45] {Threei} NASDAQ feels to me like preparing to jump
[11:46] {curtisweese} lunch coming...what does that do typically to the market? anything?
[11:46] {Threei} puts it to sleep
[11:46] {Chaeron} just like it does to me... in RIMM .55
[11:47] {curtisweese} GRMN too close to resistance for me to count on market uptick right now....grrrr
[11:48] {Threei} RIMM 1:1
[11:48] {curtisweese} woot
[11:48] {magoo} is that all we after..usually we type "too soon"
[11:48] {Threei} NASDAQ does it
[11:49] {Threei} I want more mags
[11:49] {Chaeron} out RIMM + .30 Thanks Vad
[11:49] {Threei} but hey
[11:49] {Threei} welcome
[11:49] {curtisweese} nice work on RIMM everyone
[11:49] {Threei} don't let my greed cloud your judgement
[11:49] {curtisweese} Vad is the man!
[11:49] {magoo} i take offence
[11:49] {magoo} i am just as greedy as u
[11:49] {Threei} lol
[11:50] {Threei} but I do partial mags
[11:51] {Threei} guys, wierd stock... see if you can read it
[11:51] {dino} ima stopped -.35
[11:51] {Threei} momo is there
[11:51] {Threei} and sector is attractive
[11:51] {Threei} but volatile as hell
[11:51] {Threei} NOEC
[11:53] {Threei} RUSSIAN FOREIGN MINISTER TELLS GEORGIA THAT JOINING NATO WILL HAVE "CONSEQUENCES"
[11:53] {curtisweese} s GRMN again 63.50 risky!
[11:57] {curtisweese} out GRMN short +$.16
[11:59] {bruce} rimm looks good for more but market not really helping here
[12:00] {curtisweese} darn...ouot too early on the short, but safer this way
[12:01] {magoo} today blows..can't get more than dime
[12:02] {magoo} and only a second to gret it
[12:05] {Threei} market digests a lot of things... needs time to decide
[12:06] {curtisweese} GRMN getting close to buy point again but market could drop and then it will crash...me scared!
[12:09] {bruce} crox looks short
[12:10] {curtisweese} bought GRMN again 63
[12:10] {curtisweese} risky again
[12:12] {dino} s vsec .19
[12:14] {Chaeron} LIBYIAN OIL MINISTER: PRICES LIKELY TO KEEP RISING DUE TO POLITICS AND SPECULATION{USO}
[12:15] {Threei} LIBYIAN FINANCE MINISTER: boy, let it be true
[12:20] {dino} stopped vsec
[12:21] {Threei} NQ makes new lows, RIMM and NVDA don't
[12:21] {Threei} RIMM feels like best bounce candidate on market bounce
[12:23] {Threei} .61 long if stays above .40
[12:24] {magoo} in
[12:26] {Threei} 1:1
[12:26] {magoo} out .85 TY
[12:26] {Threei} :)
[12:27] {magoo} where would u reload it?
[12:28] {Threei} it's "read as you go" market...
[12:28] {Threei} can't tell in advance
[12:28] {magoo} feels up tho
[12:28] {Chaeron} nice one Vad
[12:28] {Chaeron} gj magoo
[12:29] {magoo} ty
[12:33] {dino} alxn stopped flat
[12:33] {bruce} nice read vad - I couldn't read rim one way or other there
[12:35] {dino} ima l .07
[12:39] {Threei} guys, I need to make quick dash to the bank... will be back asap
[12:39] {Threei} (now, where is my ski mask and grenade...)
[12:39] {Chaeron} damn mid day mulitimillion$ deposit runs that you make Vad.......
[12:39] {bruce} k-
[12:39] {bruce} use the instnat teller vad
[12:40] {bruce} it's friendlier
[12:40] {Threei} it doesn't respond to "now, fill this bag, and be quick"
[12:40] {bruce} lol
[12:42] {curtisweese} bought GRMN at 62.80
[12:42] {magoo} u winning on that overall today?
[12:43] {curtisweese} up $1000 on it, but was down 700
[12:43] {dino} amag l .00
[12:43] {magoo} ok then
[12:43] {magoo} nice
[12:49] {dino} ima stopped -.30 done w/it
[12:54] {magoo} l rimm .84
[12:54] {magoo} if mkt goes it should
[12:55] {bruce} I like alxn long here dino
[12:56] {curtisweese} out on GRMN +$.11
[12:56] {bruce} 15c stop looks OK here
[12:57] {dino} holds well
[12:57] {dino} bbottomed around .25 an hour or so agop
[13:05] {magoo} wqaiting .17
[13:05] {magoo} dunno tho
[13:05] {bruce} I was wrong - support didn't hold
[13:06] {bruce} stopped -.14
[13:10] {magoo} stopped
[13:10] {curtisweese} out on GRMN short
[13:11] {magoo} f'in mkt
[13:16] {Chaeron} not a good read day...
[13:17] {Chaeron} Threei's been nailing a few tho... wish his getaway car was faster to get him back here :)
[13:18] {curtisweese} bought GRMN at 62.68
[13:28] {bruce} klac looks like long to me here
[13:29] {magoo} i like RIMM long
[13:31] {curtisweese} here we go....come one!!
[13:31] {curtisweese} i mean come on!!
[13:31] {dino} athn l .85 stop .49
[13:38] {bruce} esi dino
[13:41] {dino} looks up
[13:42] {curtisweese} up on GRMN.....if it breaks 62.94, then I think I'm really happy
[13:45] {bruce} esi still has room for long - possibly a pullback entry?
[13:50] {dino} yes, the only concern, cpla, esi, apol all hit on student loans/financing/auction issues
[13:50] {bruce} k - you think we should leave it alone then?
[13:51] {bruce} initial spike to .60 looked strong
[13:51] {dino} lol my thinking is off today, but i am leaving them alone
[13:51] {bruce} k
[13:51] {bruce} I scalpedit for 10c
[13:52] {bruce} exited on your warning
[13:52] {dino} gj
[13:55] {bruce} lol - win not worth risk - but at leasat it was postiive
[13:56] {curtisweese} here we go...come on....i'm back to even on GRMN
[14:02] {_leo1} hi
[14:02] {bruce} taking break
[14:03] {dino} welcome leo
[14:03] {_leo1} :)
[14:05] {Threei} back
[14:05] {Threei} hi leo
[14:05] {_leo1} hi
[14:05] {Chaeron} bout time....
[14:05] {Chaeron} any probs?
[14:06] {Threei} ok guys, confess... what did you do to market while I was away?
[14:06] {Chaeron} hi leo... didn't see you come in
[14:06] {Chaeron} welcome
[14:06] {_leo1} :)
[14:07] {Threei} 127 break long RIMM if holding above .80
[14:07] {Threei} 107, sorry
[14:09] {Threei} needs NQ to break 1780
[14:11] {Chaeron} in
[14:11] {dino} ugh alxn bruce
[14:11] {Chaeron} .01 sorry
[14:11] {Threei} come on NASDAQ, show some character
[14:12] {magoo} in rimm btw
[14:15] {Threei} good boy RIMM
[14:15] {Threei} up you go
[14:15] {Threei} just don't take your directions from Garmin
[14:15] {curtisweese} hey!!
[14:15] {Threei} lol
[14:16] {magoo} out .23
[14:16] {Threei} 1:1, half out
[14:16] {magoo} TY
[14:16] {Threei} scalpers know what to do
[14:16] * magoo slaps Threei around a bit with a large trout
[14:16] {Threei} hmmm
[14:16] {Threei} me gets back
[14:16] {Threei} me brings magoo money
[14:16] {Threei} magoo slaps me
[14:16] {Threei} anyone finds it sensible?
[14:16] {magoo} thats for just waltzing back in here and picking a winner...rude...slacker
[14:16] {Threei} lol
[14:17] {Threei} if tyou kept half, stop to .89
[14:18] {Threei} and look to dump it closer to .40 - .50
[14:18] {Threei} and btw magoo... that wasn't waltz... that was tango
[14:19] {Threei} as for "rude" comment... I'll have to agree
[14:19] {Threei} that's me
[14:21] {magoo} how'd robbery go?
[14:21] {Threei} fine
[14:21] {Threei} grenade throwing wasn't warranted
[14:21] {magoo} till or vault?
[14:21] {Threei} but I really wanted to have some fun
[14:21] {Chaeron} where you think he got the $$$ for the RIMM trade?
[14:21] {curtisweese} RIMM junkie
[14:21] {Threei} here comes .40
[14:22] {Chaeron} out at .40.... + .39... Thanks Vad
[14:22] {Threei} you are welcome sir
[14:22] {magoo} i reloaded ,20
[14:22] {Chaeron} damn I like Laser execution...
[14:22] {Threei} see magoo how polite people react on winner
[14:22] {Chaeron} and then plug product?
[14:22] {Chaeron} lol
[14:22] {Threei} they say thank you and don't use trout
[14:22] {magoo} out .43 fl
[14:22] {magoo} TY
[14:22] * magoo slaps Threei around a bit with a large trout
[14:22] {Threei} welcome :)
[14:22] * Chaeron slaps Threei around a bit with a large trout
[14:22] {Threei} sheesh
[14:23] {Threei} lol
[14:23] {Threei} I'll go rob another bank
[14:23] {Chaeron} there goes .50
[14:23] {Chaeron} :P
[14:23] {Chaeron} lol
[14:23] {Threei} you guys simply have no concept of covilized behavior
[14:23] {Chaeron} yeah well, you let anyone in here.......
[14:23] {Threei} leo, you have fresh eye... see what I have to put up with?
[14:23] {curtisweese} i just stopped in to use the bathroom
[14:24] {Threei} gang I rob banks with is less of bandits than these guys
[14:24] {Chaeron} heck with his eye... I hope he took the trade
[14:24] {Threei} out RIMM .45
[14:25] {dptl} lol...you guys:)......got to go .....have a good evening all :)
[14:25] {Threei} take care dp
[14:27] {Chaeron} .
[14:28] {magoo} bye dp:)
[14:31] {Threei} 1785 is now critical level for NQ
[14:31] {Threei} if we break it, uptrend should hold for a while
[14:32] {Threei} and if downtrend resumes, NVDA will be my short candidate
[14:34] {Threei} not looking to go long NVDA, doesn't feel appealing
[14:36] {Threei} AAPL intriguing
[14:36] {Threei} long as close to 123 as possible
[14:37] {Threei} stop under 122.90
[14:37] {Threei} NQ breaks 1785, AAPL should give .35-.40 easy
[14:38] {Threei} in
[14:39] {Threei} no worky
[14:39] {Chaeron} out AAPL -.11
[14:39] {Threei} same
[14:39] {Threei} price of aggresive entry
[14:39] {curtisweese} out GRMN +$.22
[14:40] {curtisweese} shorting GRMN now at 62.85
[14:43] {Threei} missed NVDA close to .60 resissatnce, was at .54 when NASDAQ started its descend
[14:43] {Threei} grr
[14:46] {Threei} AMZN is having bad case of deforestation or what
[14:48] {curtisweese} i lost on that short :( -$.22
[14:48] {Threei} GRMN?
[14:49] {curtisweese} i short....nasdaq drops a lot and GRMN decides to spike up....lol
[14:49] {Threei} why you insist on trading it?
[14:49] {Threei} leave it alone, it's not an easy stock to navigate today
[14:49] {Threei} also, compare its chart with one of NASDAQ
[14:49] {Threei} do you see mcuh correlation?
[14:50] {curtisweese} no
[14:50] {Threei} it trades on its own today
[14:51] {magoo} vad, aapl bounce??
[14:51] {Threei} not sure
[14:51] {Threei} but what the hell is going on with AMZN?
[14:52] {magoo} u thinkin bounce?
[14:52] {Threei} yes, .30 long .10 stop
[14:53] {Threei} double bottom comfirmation
[14:53] {curtisweese} have a good one everyone. i have to go hit my normal job up now. :)
[14:54] {Threei} take care curtis
[14:54] {magoo} bye curt:)
[14:54] {Threei} .26 trigger AMZN
[14:55] {magoo} in .25
[14:55] {Threei} no
[14:55] {dino} cya curt
[14:55] {Threei} .25 is resistance by big seller
[14:55] {Threei} need to see his giving up first
[14:56] {Threei} there... now it should go
[14:56] {Chaeron} sigh.... AMZN... nice aggressive entry magoo
[14:58] {Threei} .50 break is next milestone
[14:58] {magoo} out .45 TY
[14:59] {Threei} after that .70-.80 should be piece of cake
[15:01] {Threei} NASDAQ just can't hold anything today, can it
[15:03] {Threei} can't believe I missed NVDA short
[15:08] {curtisweese} Don't hate me but I bought GRMN big at 62.61 I couldn't help it, it is soooo cheap
[15:08] {curtisweese} okay, i gotta go though....quick scalp and out
[15:08] {Threei} lol
[15:08] {Threei} we won't hate you this time
[15:08] {Threei} but tomorrow will be totally different story
[15:09] {Threei} I don't see any AMZN news
[15:09] {dino} amag stop flat
[15:09] {Threei} it's much weaker than market warrants
[15:13] {dino} athn stopped -.35
[15:14] {dino} grmn l .70
[15:15] {curtisweese} yay...a fellow GRMN trader....i might play this as a swing since i don't want to sell and have to leave.....hmmmm
[15:16] {Threei} ah come on
[15:16] {Threei} is it worth such risk?
[15:16] {curtisweese} hahahahhaa!!1
[15:16] {curtisweese} just kiddin
[15:16] {curtisweese} that was for you
[15:16] {Threei} for all you know it can open another 10 points down tomorrow
[15:17] {dino} such negativity
[15:18] {curtisweese} dino, you gonna ride it past $62.94 range or bail?
[15:21] {dino} thought so, but...
[15:21] {dino} am waiting at 63.34, but depends
[15:22] {curtisweese} if market comes back just a bit, it runs past i think...but market sucks
[15:22] {dino} agree
[15:23] {dino} on all counts
[15:23] {curtisweese} it's going up while market drops, so it WANTS to go up....lol
[15:26] {dino} wall at .00
[15:27] {curtisweese} here we go
[15:27] {curtisweese} come on ...just a lil push from market
[15:27] {curtisweese} doh!
[15:29] {bruce} heading out
[15:29] {bruce} take care all
[15:29] {Threei} take care bruce
[15:30] {dino} cya bruce
[15:31] {curtisweese} out
[15:31] {dino} out .10, +.40
[15:31] {Threei} good job
[15:31] {curtisweese} out GRMN +$.54 for me with a 1000 shars.....yay!!
[15:32] {magoo} vad, aapl long/
[15:32] {magoo} rimm long?
[15:32] {dino} gj
[15:36] {Threei} no magoo
[15:38] {curtisweese} shorting GRMN lol!!
[15:40] {curtisweese} out on short..... +$.11
[15:41] {dino} qid s .02
[15:41] {curtisweese} ok...now i'm late....bye everyone see you tomorrow (i hope){don't want to jinx myself}
[15:48] {Chaeron} see you guys tomorrow too.... thanks all... thanks Vad
[15:48] {Threei} take care chaeron
[15:53] {Threei} nervous market
[15:53] {Threei} what else is new though
[15:54] {dino} qid stopped -.16
[15:57] {dino} spwr l .35
[15:57] {Threei} OK guys, thank you all
[15:57] {Threei} have a good evening, see you tomorrow
[15:57] {magoo} ty vad
[15:57] {dino} out .65, +.30
[15:57] {Threei} since we alternate days now, tomorrow is bull market
[15:58] {dino} tomorrow gap down open then close positive. this is the new way
[15:59] {dino} nnds
[15:59] {Threei} and overall up is new down
[16:00] {Threei} down is new up
[16:00] {Threei} what's with HOKU?
[16:00] {Threei} magoo bought whole float or what
[16:02] {magoo} intu bad?

Wednesday, February 20, 2008

Feb 20 2008

Session Time: Wed Feb 20 00:00:00 2008

[
[08:05] {Threei} With GRMN exploding on good earnings, interested in SIRF here
[08:06] {Threei} wow... heard of adage "buy stock if you like the product"? so much for that:
[08:07] {Threei} SHRP FILES FOR CHAPTER 11 BANKRUPTCY PROTECTION
[08:07] {Threei} how cool their selection is... and there you go
[08:07] {bruce} planning to do premarket trades vad?
[08:08] {Threei} if I see SIRF activity, yes
[08:08] {bruce} k
[08:08] {Threei} it's at the very bottom of the chart after being pounded couple weeks ago
[08:09] {Threei} with such stimuli as GRMN earnings/guidance/gap, may provide us with scalp
[08:09] {bruce} I'm w you
[08:10] {Threei} since that gap down it danced around 7 support,
[08:10] {Threei} closed at 7.11 yesterday,
[08:10] {Threei} touched 7.30 this morning,
[08:11] {Threei} has nice sizes at 7.100 right now
[08:12] {Threei} so the structure I see at this point would be 7.30 break as a long trigger, stop under 7.10, with idea of either scalp into spike if breaks big offer at 7.35
[08:12] {Threei} or if moves in a sustainable manner, maybe more than scalp
[08:12] {Threei} NQ is red so kind of hard to count on follow through... but who knows, in any bear market there are bull islands
[08:14] {bruce} k
[08:14] {bruce} watchng for break
[08:15] {bruce} do you know how touse stock alert feautre in modules vad?
[08:16] {Threei} nope
[08:16] {Threei} alert is benign thing, just experiemtn with it :)
[08:16] {Threei} it's not like it's going to buy and sell without you knowing
[08:17] {bruce} couldn't figure it out
[08:18] {bruce} didn't seem any way to enter a sotck into it
[08:18] {bruce} thanx anyway
[08:18] {Threei} open this window and click Property
[08:19] {Threei} it will open a window to enter stocks
[08:19] {Threei} Property is a little icon right under Window in menu, hover your cursor on it to see a tooltip
[08:20] {Threei} 4th from the right
[08:20] {bruce} cool
[08:20] {bruce} see it now
[08:20] {Threei} :)
[08:20] {bruce} thanx
[08:20] {Threei} sure
[08:20] {bruce} never used that property icon before
[08:21] {Threei} it's the same as right click on the window you want to modfify
[08:21] {Threei} summons the property window
[08:23] {bruce} I tried right clicking the alerts box but nothing happens
[08:24] {bruce} alerts can be handy for stuff like double bottom or a stock hitting major support level
[08:24] {Threei} for some windows it's that button
[08:25] {bruce} never realized that
[08:25] {bruce} thanx again
[08:26] {bruce} sirf close to trigger
[08:28] {Threei} getting any warmer in prairies bruce?
[08:29] {bruce} you know the story
[08:29] {bruce} many temp changes day today
[08:29] {bruce} actully gota bit above rfreezing last saturday
[08:29] {bruce} then back down
[08:30] {bruce} its livable
[08:30] {bruce} I don't mind anything above -15
[08:30] {Threei} *JAN CPI M/M: 0.4% V 0.3%E; CPI EX-FOOD & ENERGY: 0.3% V 0.2%E
[08:31] {Threei} *JAN HOUSING STARTS: 1.012M V 1.010ME; HOUSING PERMITS 1.048M V 1.050ME
- Prior housing starts revised from 1.006M to 1.004M
[08:31] {Threei} - Prior housing permits revised from 1.068M to 1.08M
[08:31] {Threei} (CA) JAN LEADING INDICATORS M/M: 0.2% V 0.0%E
[08:32] {Threei} (CA) DEC INTERNATIONAL SECURITIES TRANSACTIONS: C$1.241B V C$1.5BE
- Prior revised from -C$4.84B to -C$4.898B
[08:34] {Threei} CPI All Items Year/Year
[08:34] {Threei} 4.3%
[08:34] {Threei} Ex Food,
[08:34] {Threei} Energy
[08:34] {Threei} 2.5%
[08:44] {magoo} morning
[08:44] {Threei} mags :)
[08:47] * bruce slaps magoo around a bit with a large trout
[08:48] {bruce} there - start your day right for you mags
[08:49] {_fastchocho} gm
[08:50] {magoo} : )
[08:50] {Threei} morning fastchocho, welcome to the room
[08:50] {_fastchocho} ty
[08:50] {magoo} yes, morning fast
[08:51] {_fastchocho} ty
[08:51] {bruce} ntri haircut
[08:52] {magoo} vad, u watching grmn for a scalp up? i know u watyching SIRF from scroll
[08:52] {magoo} last nite bruce
[08:54] {bruce} k mags
[08:55] {Threei} rather watching SIRF bbased on GRMN
[08:56] {Threei} GRMN may present opportunity as well, it's a volatile one
[08:56] {Threei} will see
[08:56] {magoo} like rimm
[08:56] {cosmo} SIRF looks flat imo
[08:57] {Threei} NASDAQ doesn't look encouraging for longs
[08:57] {Threei} CPI numbers don't help
[08:57] {Threei} inflation creeps in
[08:58] {cosmo} what the world needs now.... is $40 oil
[08:58] {Threei} 35 is even better
[08:58] {Threei} let's vote?
[08:59] {Threei} I am all forit
[08:59] {cosmo} $20 i say
[08:59] {cosmo} like old times...
[09:00] {Raven}
3 long time ago good ... now heap shit
[09:00] {Raven}
3 an old Indian
[09:00] {cosmo} hmm
[09:01] {magoo} play qid today vad, keep eyye on it
[09:01] {Threei} or as the oldest cuneiform ever found says "Times gone bad. Youth doesn't listen to elders and drinks undiluted wine"
[09:02] {Raven}
3 nice
[09:02] {cosmo} perenial human nature
[09:03] {Raven}
3 perennial ?
[09:03] {Threei} Lehman''s current Q1 WTI price forecast is $86/barrel. A Goldman analyst said overnight that the firm still expects oil prices to break $105/barrel in the second half of 2008, adding that it is possible that we will see a pullback in oil prices before the second half.
[09:03] {cosmo} primordial?
[09:03] {Raven}
3 maybe
[09:03] {cosmo} checking...
[09:03] {Raven}
3 k
[09:04] {dptl} good morning all
[09:04] {Threei} dp :)
[09:04] {Threei} FOMC minutes from the January 29/30 policy-setting meeting will take the helm mid-day. Recall that the Fed cut rates by 50bps at the late- January meeting. The market is likely to scrutinize the Fed, looking for signs of panic amongst the MPC, and will also look for a solid explanation as to why the Fed cut rates by 75bps in a surprise move on January 22.
[09:04] {magoo} PD :)
[09:07] {cosmo} CEGE
[09:08] {cosmo} ... should be holding here
[09:10] {curtisweese} it going to be ugly today?
[09:11] {Threei} it's ugly already
[09:11] {Threei} what happens next... let's refrain from forecasts, not many of those materialized lately
[09:12] {Threei} I don't want to chase shorting right out of the gate
[09:12] {Threei} sudden spikes shaking out shorts are common
[09:13] {esemde} morning Vad.....seems like good advice right out of the gate ....
[09:13] {Threei} ese :)
[09:13] {curtisweese} what about ETFC? that looks like a short at 4.90 or so might be there before open though
[09:14] {dino} gm all
[09:14] {Threei} dino :)
[09:14] {esemde} dino
[09:14] {Threei} if it forms the setup curtis.. why guess
[09:15] {Threei} ETFC tends to trade quite narrowly unless gets news
[09:15] {Threei} or rumors, this one is very rumor=prone
[09:18] {Threei} http://www.realitytrader.com/blog/2008/02/trading-psychology-stage-2.html
[09:22] {curtisweese} ency bought by pfizer for 2.35 share....closed at 1.06 nice one if you own it
[09:23] -} *services* REGISTER Geog geog
[09:23] {magoo} good blog vad, just read it ..thanx
[09:23] {Threei} always
[09:24] {Threei} don't take ice cream from the passerbys, ok?
[09:24] {magoo} i my case, u mean beat the hot dog vendor don't u?
[09:25] {Threei} if that's what you fancy
[09:31] {lumdus} good morning all.
[09:31] {Threei} lum :)
[09:31] {magoo} lum:)
[09:31] {Threei} SIRF is slow, and GRMN drops hard
[09:32] {magoo} look at that drop
[09:32] {Threei} I'd say, 7.22 worth a try with .15 stop
[09:32] {magoo} sigh
[09:32] {Threei} just a scalp most likely
[09:32] {magoo} full lot?
[09:32] {Threei} sure
[09:32] {Threei} thock stock, tight stop
[09:32] {Threei} thick
[09:33] {Threei} gain is not likely to be spectacular
[09:33] {dino} out hurn swing yesterday p.m. +2.00
[09:33] {Threei} so small lot makes no sense at all
[09:33] {Threei} GRMN bounce play, small shares off 70
[09:33] {Threei} don't chase, jumped while I typed
[09:35] {Threei} get ready
[09:35] {magoo} wow
[09:35] {Threei} cross back over 70 long if holding above .70
[09:35] {Threei} in .01
[09:36] {Threei} 1:1 easy
[09:37] {Threei} and that was all it gave so far
[09:39] {magoo} outr here .57
[09:39] {magoo} missed fisrst ecxit
[09:39] {Threei} good job
[09:39] {Threei} I took first exit but didn't pull trigger on .30 break second time around
[09:39] {magoo} i laid out .57 first and no fill..a lil scary there but only half
[09:40] {magoo} look at that typing he he
[09:40] {magoo} [09:39] {magoo} outr here .57
[09:40] {magoo} [09:39] {magoo} missed fisrst ecxit
[09:40] {magoo} [09:39] {Threei} good job
[09:40] {magoo} [09:39] {Threei} I took first exit but
[09:41] {dino} fslr sm l .50
[09:41] {lumdus} in qcom 42.59
[09:41] {lumdus} long
[09:42] {dino} out 205 .50, +1.00
[09:42] {Threei} GRMN totally lost the idea of where the north is
[09:42] {lumdus} stop on qcom 42.47
[09:45] {Threei} watching QID for bounce play
[09:45] {Threei} NASDAQ is due to pullback it feels
[09:46] {dino} irbt l .00, stop lod
[09:46] {lumdus} qcom qo up already ..
[09:47] {Threei} QID support 51.90 for stop placement
[09:47] {Threei} hard to nail exact entry
[09:47] {magoo} yeah..i missed .99
[09:47] {lumdus} magoo dcc
[09:48] {Threei} SIRF 1:1
[09:48] {Threei} scalpers take profit
[09:48] {Threei} sane traders, let it trade
[09:49] {lumdus} any news on sirf ?
[09:49] {Threei} no
[09:50] {dino} sm fslr l .12
[09:50] {lumdus} qcom stop b/e 42.59
[09:52] {Threei} QID long on cross back over 52
[09:52] {Threei} stop .89
[09:53] {Threei} if loses .90 here wait
[09:54] {Threei} hesitation
[09:54] {lumdus} stop on qcom 42.67 looks like an all day ride maybe.
[09:54] {Threei} invalidated QID
[09:55] {lumdus} qcom stp 42.71
[09:55] {magoo} long qid .99
[09:56] {Threei} SEED half lot long .60
[09:56] {magoo} out .11 TY
[09:57] {Threei} stop under .40
[10:00] {lumdus} qcom out 42.70 + .11
[10:02] {magoo} SEED vald?
[10:02] {Threei} yes
[10:02] {magoo} ty
[10:03] {esemde} correct me if i'm wrong but even though the market is pushing down...it's not that hard seems to be losing steam to the down side
[10:04] {Threei} you are not wrong
[10:04] {cosmo} CROX
[10:04] {Threei} watching FFIV
[10:04] {Threei} 23.06 long trigger if stays above 22.90
[10:04] {lumdus} bac watch for a short..
[10:06] {lumdus} short bac 41.93 stop 42.07
[10:09] {Threei} FFIV holding well, waiting for market help
[10:09] {magoo} qid short scalp soon imho
[10:09] {Chaeron} gm all
[10:09] {Threei} chaeron :)
[10:09] {magoo} short qid .4o\
[10:10] {_fastchocho} short leh
[10:11] {Threei} SIRF, scalpers win
[10:11] {Threei} again
[10:11] {magoo} lately..they do
[10:11] {Threei} LEH stop above 54 fast?
[10:12] {_fastchocho} 54 stop looks ok
[10:12] {dino} irbt stopped .81 -.19
[10:13] {magoo} out QID .24, plus whatever
[10:13] {Threei} ah come on magoo
[10:13] {Threei} whip out the calculator, don't leave us hanging
[10:13] {magoo} i posted setup boss
[10:13] {_fastchocho} the lond GRMN looks good
[10:13] {Threei} suspence is killing inquiring minds
[10:13] {_fastchocho} long
[10:13] {magoo} lets see...uh..carry the 3..subtracr the
[10:13] {bruce} seed close to trigger
[10:13] {lumdus} vad, you looking to short LEH ?
[10:14] {lumdus} looks more long to m.e i think
[10:14] {_fastchocho} yes
[10:14] {Threei} no lum, it's fasat's play
[10:14] {lumdus} oh, ..
[10:14] {Threei} fast's
[10:14] {_fastchocho} lum whatdo you think?
[10:14] {Threei} I have this bad habit to be curious about someone else plays :)
[10:14] {lumdus} not short .. maybe long
[10:15] {Threei} SEED is honestly trying
[10:15] {Threei} FFIV nears trigger
[10:16] {magoo} in SEED aggressive .59
[10:16] {Threei} magoo and aggressive... who would have ever thought
[10:17] {_fastchocho} magoo whats ur target for SEED?
[10:17] {magoo} already waiting .74
[10:17] {magoo} scalparoo
[10:17] {magoo} OUT
[10:17] {magoo} Fukll lot
[10:17] {magoo} TY boiss
[10:18] {Threei} you are welcome but don't cry now
[10:18] {magoo} too late ..crying
[10:18] {Threei} out .87
[10:18] {Threei} +.27
[10:18] {dino} onxx l .35, stop .98
[10:18] {magoo} where u full?
[10:18] {Threei} yes sir
[10:18] {magoo} drats
[10:19] {magoo} u out fast?
[10:19] {Threei} fast, you out LEH?
[10:19] {_fastchocho} no still waiting to go in
[10:19] {Threei} oh
[10:19] {Threei} I though you shorted already
[10:20] {_fastchocho} no it was moving to fast
[10:20] {Threei} good thing then
[10:20] {magoo} fastcho, u out SEED?
[10:20] {Threei} FFIV triggered
[10:20] {_fastchocho} nope not in fast enough..lol
[10:21] {Threei} just don't change nick to slowchocho
[10:21] {magoo} lol
[10:21] {Threei} let current one be the motivation
[10:21] {dino} hmmmmm
[10:21] {magoo} now i am BALLING vad
[10:22] {esemde} LONG another 1/2 lot of SOLF 15.27
[10:22] {Threei} well, and I can't even gloat
[10:22] {Threei} since I am out too
[10:22] {magoo} its avail short u know
[10:22] {magoo} for a blow off scalp
[10:23] {Threei} FFIV stop .94 btw
[10:23] {Threei} 1:1 for those pesky scalpers
[10:23] {Threei} {pesky scalpers} look who is talking
[10:24] {magoo} waiting .23
[10:25] {Threei} SEED is famine stock
[10:26] {_fastchocho} wil SEED go to 12 anyone?
[10:26] {Threei} unless it goes back under 9 :)
[10:26] {magoo} it may go 10
[10:26] {_fastchocho} 9.07
[10:26] {Threei} it's a volatile jumpy one, highly impacted by the general market direction
[10:27] {_fastchocho} 9.15
[10:29] {_fastchocho} 8.98
[10:29] {magoo} OUT FFIV ty boss
[10:29] {Threei} half out FFIV for me
[10:29] {_fastchocho} te market is tuck in down trend
[10:29] {Threei} welcome mags
[10:29] {dptl} got to go.... have a good rest of the da all......o btw ty for FFIV Vad
[10:30] {Threei} take care dp and welcome
[10:30] {magoo} wait DP
[10:30] {dptl} no
[10:30] {Threei} lol
[10:30] * magoo slaps dptl around a bit with a large trout
[10:30] {dptl} :)
[10:30] {Threei} I know scalping rules... but FFIV acts like salmon
[10:30] {magoo} vad, dcc quick
[10:30] {Threei} gotta try for the chance of sizeable gain
[10:31] {Chaeron} a whole lotta talk about fish in this place....
[10:31] {_fastchocho} ok guys i am stuck..deciding between short LEH or GRMN
[10:31] {dino} flip a coin
[10:31] {dino} keep your stop
[10:33] {Threei} if I absolutely had to decide, I'd go with GRMN, fast
[10:34] {Threei} stop for the FFIV balance is trailed to .04
[10:34] {Threei} won't lose money on this one
[10:34] {Threei} worst case scenario I give back half of profit
[10:36] {Threei} see typicakl salmon action on FFIV?
[10:36] {Threei} stays put when market drops, makes new high when market bounces
[10:36] {dino} onxx stopp .00, -.35
[10:36] {Threei} that's what me likley
[10:36] {_fastchocho} whats target on FFIV?
[10:37] {Threei} no monetary target for me, rather going with the way it trades
[10:37] {Threei} while it crawls up slowly, without spikes, I am holding it,
[10:37] {Threei} maybe trailing stop if it forms nice readable support
[10:37] {Threei} if it spikes vertically with volume increase, either get out or trail stop tighter
[10:38] {Threei} will comment on the go
[10:39] {dino} itri l .40 ,sm stop .99
[10:40] {Threei} out 1/4 more FFIV
[10:40] {Threei} +.30
[10:40] {Threei} stop to 23.15
[10:40] {esemde} if SOLF bounces of 15.00 today......that would be a triple bottom....i'm gambling with a 1/2 lot here but this could prove to very profitable
[10:41] {esemde} I plan on adding more around the 15.50 Area
[10:41] {esemde} if conditions are right.
[10:45] {bruce} rimm AS BREAKOUT LONG VAD?
[10:45] {bruce} sorry about caps
[10:48] {Threei} I like it bruce
[10:48] {Threei} I would prefer pullback entrey
[10:48] {Threei} like now
[10:49] {Threei} stop is under .90 so better get it closer to support
[10:49] {esemde} rimm
[10:49] {esemde} opps....your on to it
[10:49] {dino} irbt l .65, stop .37
[10:49] {Threei} hard to tell if market rug pull is coming or we still have gas left
[10:50] {dino} magoo has gas left
[10:50] {magoo} HEYT
[10:51] {Threei} a bit more info than we ever care for... :)
[10:51] {bruce} too many chili dogs for him dino?
[10:51] {dino} lol
[10:53] {dino} itri stop to .78
[10:53] {Threei} not holding support RIMM
[10:54] {bruce} ntri dino
[10:54] {bruce} yes - see that vad
[10:54] {bruce} passing on it for now
[10:54] {dino} out itri slip .75, +.35
[10:56] {dino} i can't borrow it bruce, ntri
[10:56] {dino} don't like when they limit me to one way
[10:56] {magoo} grmn looks ready to go up..any read vad?
[10:57] {Threei} not sure mags, tough read
[10:58] {Threei} if holding above .70, try long .91
[10:58] {Threei} at least this is sensible structure
[10:59] {bruce} k dino
[11:00] {magoo} ok, but do not have to try it..if not good
[11:00] {Threei} yeah, it's pretty much 50/50 here
[11:01] {Threei} TMRK COLLABORATES WITH WITH CDC GAMES TO BREAK NEW GROUND IN ONLINE GAMES
[11:03] {Threei} ONXX small shares long .50 break if stays above .30
[11:04] {bruce} eqix possible reversalnear here dino
[11:05] {Threei} OHIO ATTY GEN: LOOKING AT POTENTIAL LAWSUIT V FNM OVER DISCLOSURE OF SUBPRIME HOLDINGS{FNM}
[11:05] {Threei} .60 breakdown worth a try short FNM
[11:05] {Threei} half lot
[11:06] {Threei} stop/invalidating level .81
[11:06] {dino} see if .50 holds
[11:07] {Chaeron} onxx
[11:07] {Threei} triggered
[11:08] {Threei} lose .50 and die FNM
[11:09] {Threei} trail stop to .71
[11:10] * Threei slaps Laserdave1 around a bit with a large trout
[11:10] * magoo slaps Laserdave1 around a bit with a large trout
[11:10] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:10] {Threei} group support
[11:10] {Threei} for me
[11:10] {Threei} group therapy for dave
[11:11] {Threei} no worky FNM
[11:12] {magoo} man..not in..but look grmn..says it all about mkt
[11:12] {Threei} yeah, told you liked it short more
[11:12] {Laserdave1} howdy all
[11:12] {Threei} oh hi dave
[11:12] {magoo} hi dave
[11:12] {Chaeron} Dave!!!
[11:13] {Laserdave1} lol
[11:13] {esemde} dave!!!
[11:13] {Laserdave1} my fine friends
[11:14] {Threei} ok ONXX, it's time
[11:14] {Threei} move your heavy butt, will ya
[11:16] {Threei} GRMN SEES COMPETITION INCREASING IN 2008 - CONF CALL
[11:16] {magoo} thats it then
[11:17] {magoo} 74 highs pre mkt
[11:18] {Threei} ONXX over 1:1
[11:18] {Threei} out +.30
[11:18] {dino} eqix was a beauty bruce, i missed it, was waiting .82
[11:18] {magoo} nice vad
[11:19] {Threei} thank you magoo, you ever so kind to me... noone but you puts my name and nice in the same sentence
[11:19] {dino} out fslr 205.72, +1.60 sm
[11:20] {Threei} wow
[11:20] {Threei} wtg dino
[11:20] {dino} spnc l .92, stop .77
[11:20] {magoo} ONXX text book on why u layout ahead vad
[11:20] {dino} lucky, sm kept me in
[11:21] {Threei} on thinnies, yes
[11:21] {Threei} not always get bids to hit so better offer it out into spike
[11:21] {Threei} and use laser fast sell to get out if not taken at the offer
[11:22] {dino} onxx l .30
[11:22] {Threei} wow, beautiful entry
[11:24] {Threei} and a lot of patience... I would be out on that spike right after you grabbed it :)
[11:32] {magoo} the sell from hell grmn
[11:36] {dino} spnc stopped -.15
[11:39] {esemde} LONG full lot SOLF avg position .38
[11:40] {esemde} my appologies to those of you new to the board....positon or swing trdaing is not what this board is about....
[11:41] {Threei} but we like to salivate when ou post your exits
[11:41] {magoo} i just like slapping him
[11:41] {dino} es always breaking the rules
[11:41] {esemde} I did well with that position in SOLF that I had at 16.10.....partialed that out up to 18.00 and a bit....
[11:42] {esemde} we'll see how this works
[11:43] {esemde} hugely profitable company thats just having the crap... beat out of it....
[11:44] {esemde} keeping in mind of course that you should NEVER fight the bear going long
[11:44] {esemde} never know.....I might be in to early
[11:45] {magoo} if mkt goes down here vad..kinda like rimm short..amny read?
[11:47] {bruce} nvda looks like short
[11:48] {Threei} NVDA looks better short than RIMM
[11:56] {Threei} see how RIMM happily makes new highs while NVDA stays put?
[11:57] {magoo} yes..my read off on it
[12:01] {dino} ima
[12:02] {dino} l .02 sm
[12:03] {Threei} hawk, look dcc please
[12:04] {dino} spike mkt
[12:04] {Threei} out of nowhere
[12:04] {Threei} nothing on wires
[12:06] {magoo} qid long somewhere vad?
[12:07] {curtisweese} newbie in on aapl at 123.11
[12:08] {curtisweese} run aapl run!!!!1
[12:08] {Threei} mags, I can't tell
[12:08] {Threei} something is happening
[12:09] {Threei} or it's nothing
[12:09] {Threei} we just don't know, while the influence is fairly sizeable
[12:09] {curtisweese} omg....please tell me the bulls have come home.....
[12:09] {curtisweese} here bully bully
[12:10] {Threei} lol curtis
[12:11] {curtisweese} get off your butt aapl and get me back in the black! :(
[12:12] {Threei} market looks like another spike coming curtis
[12:12] {Threei} should help if materializes
[12:13] {curtisweese} aapl breaks 123.30 or so and should get some nice gains
[12:13] {curtisweese} here it goes....come on! i'm WILLING you go up now.....hahahah
[12:14] {Threei} here is spike I told market to do for you
[12:14] {Threei} here is AAPL following
[12:14] {Threei} I'll shut up and you make the best out of it
[12:15] {Chaeron} KNSY - RECEIVES FDA 510(K) CLEARANCE FOR NEW SAFE-CROSS(R) VESSEL WALL DETECTION TECHNOLOGY
[12:15] {dino} dji green
[12:18] {Threei} tell me you are out curtis
[12:18] {curtisweese} yes out at 123.56 up $.45 with 700 shares
[12:18] {curtisweese} yay
[12:19] {Threei} trading is breathing... inhale-exhale
[12:19] {Threei} or you choke
[12:19] {Threei} now, allow me to quote one exchange from this morning
[12:19] {Threei} [09:10] {curtisweese} it going to be ugly today?
[12:19] {Threei} [09:11] {Threei} it's ugly already
[12:19] {Threei} [09:11] {Threei} what happens next... let's refrain from forecasts, not many of those materialized lately
[12:19] {Threei} how about that
[12:19] {dino} hmmmm
[12:19] {dino} yoda
[12:20] {curtisweese} yes....i just waited patiently till aapl was at resistance and bought when it barely broke it....worked!
[12:20] {Threei} who missed it in the morning, psychology series continued:
[12:20] {Threei} http://www.realitytrader.com/blog/2008/02/trading-psychology-stage-2.html
[12:21] {dino} out ima .88, +.86
[12:22] {Threei} we have fed minutes today
[12:22] {Threei} maybe they leak content? :)
[12:24] {dino} maybe they say nothing
[12:24] {Threei} can we get that lucky?
[12:25] {esemde} NVDA....nice!!!!!
[12:26] {esemde} whose in that?
[12:27] {curtisweese} ese you long on it?
[12:27] {esemde} no...long SOLF just watching NVDA
[12:29] {bruce} any read grmn vad?
[12:29] {bruce} tricky stock
[12:34] {Threei} hmmm
[12:34] {Threei} no... sorry
[12:35] {curtisweese} nvda looks yummy if it pulls back and hold 21.70ish (at least to my newb eyes)
[12:36] {esemde} have a great rest of the day all....i'm otta here.....
[12:36] * magoo slaps esemde around a bit with a large trout
[12:36] {esemde} ouch!!!!!
[12:40] {bruce} bye ese -thanx vad
[12:48] {bruce} fnm long?
[12:51] {curtisweese} in on NVDA at 21.70 (i'm a newbie...be careful!)
[12:56] {bruce} s fnm .44 stop .60
[12:57] {Threei} stop under .60 curtis
[12:59] {hawkfan4} COIN daily starting to look interesting, tricky one
[13:01] {Threei} why did I ever trailed that FFIV stop?
[13:03] {Threei} looks like another NASDAQ run at the high in cards
[13:04] {Threei} after that it becomes too close to fed minutes
[13:05] {Threei} here we go
[13:05] {bruce} stopped fnm
[13:05] {Threei} my crystal ball is freshly polished, can you tell?
[13:05] {Chaeron} mine's still in the shop
[13:05] {Threei} sure, I paid them to keep all others
[13:05] {Chaeron} never worked right in the first place :)
[13:06] {curtisweese} out on NVDA +$.08 with 3000 shares
[13:07] {curtisweese} scalp cuz i'm scared of fed
[13:07] {curtisweese} and market
[13:07] {curtisweese} and losing money sometimes
[13:08] * Threei slaps curtis around a bit with a roll of bills for indecent profits
[13:09] {curtisweese} okay, i have to go to my normal job...sigh...no fun...bye everyone
[13:09] {Threei} take care curtis
[13:09] {dino} sm l grmn .20, risky
[13:09] {Threei} good job
[13:09] {curtisweese} i only made abouot $400 today but that works for me!! :)
[13:10] {Threei} well, tell me
[13:10] {Threei} do you make it in a day on your "normal job"?
[13:10] {Chaeron} 22 trading days in a month.... times $400....
[13:10] {curtisweese} lol...yeah....more, but not any fun
[13:10] {Chaeron} hmmm...$105,000 per year
[13:10] {dino} gj curt
[13:12] {Chaeron} TEAMSTERS TO ENDORSE BARAK OBAMA FOR THE DEMOCRATIC PRESIDENTIAL NOMINATION - UNION OFFICIAL
[13:13] {dino} grmn stopped
[13:13] {Threei} GRMN brutal
[13:14] {Threei} again... so much for "like the product, buy the stock" theory
[13:15] {dino} strange thing they beat by .20 and guided up
[13:16] {Threei} so much for "good news - up" theory
[13:16] {Chaeron} lol
[13:17] {Threei} anyone got any more theories for me to detsroy? :)
[13:17] {Chaeron} E=mc2?
[13:17] {Threei} this one I still have to work on... but gravity isa certain hoax
[13:17] {dino} when is a door not a door?
[13:18] {Chaeron} gravity is just a fad
[13:18] {dino} when it's ajar
[13:18] {Chaeron} :) nice dino...
[13:19] {dino} :)
[13:19] {cosmo} if it wasn't for gravity, we wouldn't be here...
[13:19] {Chaeron} how can you not love this place... $$$, jokes and philosophy
[13:19] {dino} are we?
[13:20] {bruce} go havea bologna sandwich dino
[13:20] {Threei} couple nails replace gravity cosmo
[13:21] {cosmo} better make them screws...
[13:21] {dino} lol, chilli dods today, no roll
[13:21] {Threei} or superglue
[13:21] {dino} -14 lbs.
[13:22] {dino} dogs
[13:22] {cosmo} superglue for the dowels
[13:22] {bruce} the chili dog diet
[13:22] {bruce} I bet it would be a best seller dino
[13:23] {dino} chicken wings yesterday, peperoni/cheese day before. you can follow this
[13:24] {bruce} I can see its all lo cal stuff
[13:24] {bruce} you got a winning diet on yourhands their dino
[13:24] {dino} its all about the carbs for me
[13:24] {bruce} small pop in alxn dino
[13:25] {bruce} mya be a long here
[13:26] {dino} i like it, but where?
[13:29] {bruce} not sure -
[13:30] {bruce} .50 seems to be holding
[13:30] {Threei} and we are dropping now why?
[13:30] {Threei} totally bipolar market, lol
[13:31] {Threei} we did great today considering the wierdest market
[13:33] {Threei} FED'S POOLE: US ECONOMY WILL SKIRT RECESSION, INFLATION EXPECTATIONS GENERALLY STABLE, FED POLICY SHOULDN'T FOCUS ON JUST ONE ISSUE
- Food, energy may be setting inflation expectations.
[13:33] {Threei} - Excessive stimulus may be counter-productive.
[13:33] {Threei} - Inflation harder to reverse than unemployment.
[13:33] {Threei} - Must be careful not to accomodate increased inflation.
[13:33] {Threei} - A substantial increase in inflation would promise a larger recession later.
[13:34] {Threei} these comments signal nearing end of rate cuts if this is feds point of view
[13:36] {Threei} PREVIEW: MINUTES OF THE JAN 30 FOMC MEETING TO BE RELEASED AT 2PMET
**today's minutes are expected to include sections from the Jan 30th meeting as well as the Jan 21st emergency conference call and a discussion of the Fed's expanded quarterly economic forecasts.
[13:36] {Threei} **reminder: at the Jan 30th meeting, the FOMC cut the target rate 50 bps to 3.00%, and stated:
[13:36] {dino} .50 more coming in march imo, the banks are too big to fail
[13:36] {Threei} - Sees continued downside risks .
[13:36] {Threei} - Credit tightened further for business and households, sees "deepening contraction" in housing market slump, with softening in labor markets.
[13:36] {Threei} - Financial markets remain under considerable stress, Fed notes will act in timely manner as needed to address economic risks, and rate cut should promote moderate growth, yet risks remain.
[13:36] {Threei} - Fed expects inflation to moderate in coming quarters.
[13:36] {Threei} - Vote 9-1 for Target Rate cut (Fisher dissented, preferred rates unchanged); Discou
[13:36] {Threei} Discount Rate cut 50bps, decision was unanimous.
[13:37] {Threei} feels this way dino... aftre that anyone's guess
[13:37] {Threei} inflation becomes real concern
[13:38] {cosmo} solomon's treasure is still good collateral
[13:38] {Threei} but famine is coming
[13:38] {Threei} at least we were told so yesterday
[13:39] {dino} of course, if they re-inflate, takes care of debt issues, i.e. what we owe is less
[13:39] {cosmo} is that something they spray?
[13:40] {cosmo} from planes?
[13:40] {dino} drop from planes
[13:40] {cosmo} gotcha
[13:40] {bruce} nice uptrend in vz tofay
[13:47] {Threei} TIVO floats to the surface
[13:48] {Threei} interesting resistance to break at 9
[13:48] {Threei} worth keeping eye on
[13:50] {Chaeron} 10 min to Fed
[13:56] {Threei} 5
[14:00] {Threei} *JAN 30 FOMC MINUTES: SAW NEED FOR RELATIVELY LOW INTEREST FOR A TIME
[14:01] {Threei} - Raises 2008 jobless forecast to 5.2-5.3% v 4.89% previous,
[14:01] {Threei} - GDP growth at 1.3-2%
[14:01] {Threei} - Fed official ssee growth risk to the downside
[14:01] {Threei} - Expects core inflation to moderate over the next 2 years
[14:04] {Threei} - recent inflation data 'disappointing'
[14:04] {Threei} - Saw chance of big rate cuts on Jan meeting conference call, but no taken action, Jan 22 rate cut spurred by weak economy, market strains
[14:05] {Threei} market says "and?"
[14:08] {Threei} PCLN dino
[14:10] {Threei} interesting... don't think I often seen market rfemaining so indifferent to minutes
[14:13] {patience} yesterday was my best day in february. today sitting in cash. need the market to figure out what the fed minutes mean.
[14:15] {Threei} market is like "I can't... I'll wait for them to figure out what they mean"
[14:16] {Threei} I want top short QID badly
[14:16] {Threei} top = to
[14:16] {Threei} market feels to me like shrugging off all the nonsense and just going up again
[14:17] {_fastchocho} i want to long the QID
[14:17] {Threei} cool, we will be hedged
[14:18] {dino} pcln too strong
[14:19] {_fastchocho} whats your target on PCLN ? 140?
[14:20] {Threei} ?
[14:20] {Threei} we don't have any p;osition in it
[14:20] {_fastchocho} OK
[14:20] {_fastchocho} Did anyone short GRMN?
[14:21] {hawkfan4} no, but i can show you the scars from trying to catch it
[14:26] {bruce} grmn is a pos - just when you think you can read it works you over
[14:29] {dino} indeed wise bruce, indeed
[14:30] {dino} 63 held last drop
[14:30] {magoo} on grmn..can u imagine in it long from pre mkt 74
[14:30] {lumdus} in rio 34.71 long
[14:31] {dino} but a scratch magoo, i've had worse
[14:31] {bruce} out aci +.30
[14:31] {Threei} FED'S POOLE: IMPOSSIBLE TO FORECAST EXCHANGE RATES, WEAK USD HELPING TRADE SURPLUS AND EXPORTS - Q&A- Does not use policy to influence currency outcome
[14:31] {hawkfan4} GRMN nasty today, but back in .39, last try
[14:32] {bruce} you got guts hawk
[14:33] {bruce} its lokks like it's going long now - so mms will probably duymp it here
[14:33] {dino} long or short hawk
[14:33] {hawkfan4} long
[14:33] {dino} ok
[14:33] {hawkfan4} :)
[14:33] {dino} nice entry
[14:33] {hawkfan4} have this mad idea of a full recovery
[14:34] {Threei} covering QID here from .60
[14:35] {dino} alxn l .61
[14:36] {dino} and i think i'm in kansas
[14:37] {dino} chilli dog burp, whew
[14:38] {lumdus} stop on rio 34.55
[14:41] {dino} alxn lum? at .48
[14:42] {dino} opps rio, sorry
[14:43] {dino} ima l .65
[14:45] {lumdus} watching pten break 24.00
[14:47] {lumdus} stop on rio 34.64
[14:49] {lumdus} in pten 24.01
[14:50] {Threei} look at QID
[14:50] {dino} out alxn .90, +.29
[14:50] {magoo} u gonna hit qid vad?
[14:51] {Threei} didn't think of it from bounce point of view
[14:51] {Threei} felt market was to go up, shorted it earlier
[14:51] {Threei} covered too soon (what else is new)
[14:52] {magoo} :)
[14:52] {Threei} [14:16] {Threei} market feels to me like shrugging off all the nonsense and just going up again
[14:53] {dino} 220+range
[14:53] {lumdus} stop on rio 34.89
[14:53] {lumdus} need to lock somehting in.
[14:53] {lumdus} out rio 34.89 + .18
[14:54] {dino} out ima .80, +.15
[14:55] {lumdus} pten stop 24.03 have no patience ..
[14:56] {dino} taking 15 min. break
[14:57] {bruce} any read stp vade?
[14:58] {lumdus} ou tpten flaat
[14:59] {lumdus} short rimm 97.35 stop 97.51
[14:59] {Threei} not really bruce
[14:59] {Threei} too volatile
[14:59] {bruce} k thnx
[15:00] {lumdus} rimm just looks out of steam.. who knows
[15:00] {Threei} lum, keep it in context of overall market move
[15:00] {Threei} if NASDAQ resumes upward so will RIMM
[15:01] {lumdus} yes, i am ..
[15:01] {lumdus} stop on rimm 97.35 break even
[15:01] {lumdus} tried to get out .18 no workie
[15:01] {_fastchocho} Whats causing this rally? Pooles rmark of unlikely recession?
[15:02] {_fastchocho} DOW up120?
[15:02] {lumdus} fast, it's not me buying :)
[15:02] {cosmo} inflation adjustment
[15:02] {lumdus} out rimm - .01
[15:03] {bruce} patience is buying the4 market fast
[15:03] {Threei} fast, just wait till tomorrow... market columnists that never made a dime trading will find explanation
[15:03] {patience} laughing, nope. i will wait before putting money to work
[15:03] {lumdus} easy to write those columns,
[15:04] {Threei} after the fact, sure
[15:04] {cosmo} HPQ up 8%
[15:04] {bruce} the media has correctly predicted 30 of the last 6 recessions vad
[15:04] {Threei} for us as traders it's just irrelevcant
[15:04] {Threei} lol bruce
[15:04] {patience} just scalping gold and silver, turning back to china stocks
[15:04] {Threei} "trade what you see, not what you think"
[15:04] {Threei} who said that?
[15:04] {cosmo} master po?
[15:05] {lumdus} i see rimm going back below 96.00 just a feeling here.
[15:08] {bruce} thats right grasshopper - I mean cosmo
[15:11] {dino} farley
[15:11] {dino} ?
[15:12] {bruce} sheesh - onxx watching it but missed the pop
[15:12] {Threei} F grade to both
[15:13] {magoo} vad, long rimm or aapl?
[15:13] {dino} vad throwing the f bomb again
[15:13] {bruce} f is for fantastik
[15:15] {Threei} not here mags
[15:15] {Threei} if you believed in upward, time was when I first posted it
[15:17] {dino} hurn fast drop
[15:19] {bruce} alxn long here dino?
[15:20] {magoo} thought powerup into bellvad
[15:20] {magoo} bel vad
[15:21] {Threei} could be, can't tell yet
[15:21] {Threei} watching
[15:21] {dino} hmmm dk bruce not really moving
[15:21] {magoo} rimm 98 magnate?
[15:21] {bruce} k - thought it might pop on break of .10
[15:21] {Threei} can you think of better illustration to the market's nature than today's action?
[15:22] {Threei} bad news piling on bad news, oil through 100... and market rallies
[15:22] {dino} oil is the only thing keeping this market up
[15:23] {patience} and ag and gold/silver
[15:23] {dino} which are up because oil is up
[15:24] {patience} gold yes, ag, don't think so
[15:24] {dino} gold cause weak dollar
[15:24] {dino} sure, crn=ethanol, = deer= cart etc
[15:24] {dino} cat
[15:25] {patience} i'm looking for timing to short ethanol stocks dino. someone in usda is going to say we need food more than ethanol
[15:26] {dino} ethanol isn't the best way, imo. you will be right
[15:26] {patience} i will be right if i trade it properly lol
[15:27] {dino} lol
[15:27] {dino} i have faith in your abilities
[15:27] {Threei} COIN
[15:27] {Threei} sheesh
[15:28] {Threei} FED'S POOLE: RATES MAY HAVE TO GO LOWER BEFORE RISING, MUST WATCH INFLATION, NOT ALARMED BY LATEST NUMBERS - Q&A
- Notes inflation is creeping in wrong direction, rates may eventually be above 3%, current situation not a major crisis as recession fears must be balanced vs inflation. Must deal with inflation risks before inflation arrives
[15:28] {Threei} - Notes the need to replace the subprime mortgage market
[15:28] {Threei} - Says markets are healing somewhat after financial stress, LIBOR spreads have narrowed
[15:29] {dino} neog
[15:31] {lumdus} nice reversal
[15:34] {dino} hurn
[15:35] {_fastchocho} anyone playinh mgm in the morning?
[15:35] {dino} dgly
[15:36] {dino} l .66
[15:36] {Threei} why MGM?
[15:38] {_fastchocho} straddle play
[15:39] {Threei} we are simpletons, fast
[15:39] {Threei} we see setup on the chart - we play it
[15:40] {Threei} underlying reasons for price change is for analysts to figure out after the fact
[15:40] {Threei} we are happy with profits today and their explanations tomorrow
[15:40] {lumdus} short amzn 73.37 stop 73.58
[15:40] {lumdus} pure gamble to see if we go down at eod.
[15:41] {patience} just to keep fast company, if you're looking for a spec ag play, look at ALM (Anglo Minterals)
[15:41] {_fastchocho} imma newbie threei so bear with me
[15:41] {patience} Potash play in Saskatchewan. About 6 or 7 juniors bought up land that wasn't owned by Mosaic (MOS-N) and Potash (POT-T). This stock has good upside. One of the best ways to play potash. BHP Billiton (BHP-N) is the partner and has 75% of the project, which means there are deep pockets for them
[15:41] {Threei} nah, nothing to bear with... just explaining our approach :)
[15:42] {dino} out dgly .85, +.19
[15:42] {lumdus} yeah, tommorrow i write up how much money i could've made ..
[15:42] {_fastchocho} ok...neways mgm is an earnings play
[15:43] {lumdus} amzn stop move to 73.54
[15:43] {lumdus} die market (with amzn) die !
[15:44] {Threei} stop above .50 lum?
[15:44] {lumdus} .54 right now
[15:45] {_fastchocho} cec is also an earnings play...lookshort
[15:45] {lumdus} vad, what nice drop and i am out.. need to get it to go already.
[15:46] {Threei} it's trying lum
[15:46] {lumdus} yeah, but it needs some help. can we start hitting it.
[15:47] {lumdus} stop now .48 .. it's not looking good yet
[15:47] * Threei hits NQ over the head with 2x4 for lum
[15:48] {lumdus} just hit amzn .. i don't care if everybody else makes money long
[15:48] {Threei} hmmm... violence doesn't help
[15:49] {patience} wait until 3:45 pm vad
[15:49] {Threei} chart is downtrending though
[15:49] {_fastchocho} umm its 3:49
[15:49] {_fastchocho} pm
[15:49] {Threei} 4 minutes? I can wait that long
[15:49] {Threei} lol fast
[15:49] {Threei} really
[15:49] {Threei} are we in a time warp?
[15:50] {patience} i am....completely forgot to look at clock....busy busy day so far
[15:50] {dino} y
[15:51] {dino} i'm beat, good one tho
[15:51] {lumdus} out -.11 crap amzn
[15:51] {lumdus} have a nice evening
[15:51] {Threei} sorry lum, who knew it would go berserk
[15:51] {lumdus} not me..
[15:51] {Threei} but you defined this trade as pure speculation from the get-go
[15:53] {Threei} COIN... shoot me someone
[15:54] {patience} i need money quick...going for retail therapy at Bellevue Malls in Washington State on friday. Let's hope tomorrow is a good market day.
[15:55] {dino} _fastchocho, earnings list at yahoo....biz.yahoo.com/research/earncal/today
[15:57] {_fastchocho} it says no longer available
[15:57] {Threei} OK guys, thank you all, that was nice day
[15:57] {_fastchocho} dino
[15:57] {Threei} almost every trade worked
[15:57] {dino} i get it
[15:57] {dino} every day
[15:57] {Threei} have a good evening, see you tomorrow
[15:57] {hawkfan4} here's a good earnings date source http://moneycentral.msn.com/investor/market/earncalendar/
[15:58] {dino} http://biz.yahoo.com/research/earncal/today.html
[15:59] {_fastchocho} ok dino got it now
[15:59] {dino} may find it helpful
[15:59] {dino} especially afterhours
[15:59] {dino} ima drop
[15:59] {dino} spike
[16:01] {dino} itri
[16:07] {dino} nvtl drop, vrgy drop

Tuesday, February 19, 2008

February 19 2008

Session Time: Tue Feb 19 00:00:00 2008

[08:07] {Threei} AKNS
[08:07] {Threei} REPORTS PRELIM FY07 REVENUES $32.2 V $31.5M-CEO states "Our 2008 business plan calls for us to achieve EBITDA breakeven by year-end, adjusted for non-cash stock based compensation expense. We expect to make substantial progress toward reaching GAAP profitability by the end of 2009"
[08:10] {_haley} good morning
[08:10] {Threei} morning haley
[08:14] {Threei} funny stock opens with sizeable gap up... CUBA
[08:17] {hawkfan4} good morning vad, all
[08:18] {Threei} hawk :)
[08:19] {hawkfan4} i met a trader you could relate to yesterday, a true scalper. trades 10k lots for .01. says he made 550k last year 100 bucks at a time
[08:20] {Threei} not my cup of tea really
[08:20] {hawkfan4} sounds like a lot of work, 300 trades/day
[08:21] {Threei} hmm
[08:21] {Threei} 30 you mesan?
[08:21] {hawkfan4} oops, yes :)
[08:21] {Threei} 300 x 100 x 220 would take him into 5 mils a year
[08:22] {hawkfan4} 300/day i think he'd still be twitching at dinnertime
[08:22] {Threei} lol
[08:25] {Threei} as any other method, it works if one is good at it
[08:26] {Threei} no method works by itself, you know :)
[08:27] {Threei} I prefer more reasonable size and more sensible move than .01... but ZI do recognize that from the point of view of a swingtrader what I do is, too, too much work for too little gain :)
[08:28] {Threei} do a little experiment
[08:28] {hawkfan4} yep. he's a former pit trader from the cbot, had to adapt. He couldn't emphasize risk manamgement more, that it's the key to long term success
[08:28] {Threei} catch a moment with strong market, strong XMSR, SIRI forming breakout setup or readable pullback, buy 3K
[08:29] {Threei} try to make 2-3 cents
[08:29] {Threei} you will know right there and then whether it's a method for you :)
[08:30] {Threei} if you are using Laser, don't forget that in order to make it work you need to add liquidity at least on one side
[08:30] {Threei} on entry or on exirt
[08:30] {hawkfan4} not using it, but gonna look into it. IB a little expensive
[08:31] {Threei} what do you pay?
[08:31] {Threei} dcc me if more comfortable
[08:31] {hawkfan4} .01/shr, but 1k lot is 7.50 one way
[08:32] {Threei} no matter if you add or remove liquidity?
[08:32] {hawkfan4} that i don't know. i just learned a bit about that concept yesterday
[08:32] {hawkfan4} i'll check that out though
[08:33] {Threei} OK, let me know if need any help in this regard
[08:33] {hawkfan4} i will, thanks vad :)
[08:33] {Threei} also, you are paying for external charting I take it?
[08:33] {hawkfan4} yes, i use esignal for intraday and lvl 2, and tc2000 for scanning
[08:35] {Threei} look dcc pls
[08:46] {magoo} mornink comrades
[08:46] {Threei} magooski :)
[08:52] {magoo} hawk, that scalper, we would break even, 10k @ .01 is 100 bux, but even at 5/1000 shartes, in - out is 100 bux commission
[08:53] {Threei} depdns mags
[08:53] {Threei} depends
[08:53] {Threei} if you add liquidity on both sides getting ECN rebates, commissions go down quite considerably
[08:54] {Threei} and that's what most of those who deploy such trading do
[08:55] {hawkfan4} yeah, he explained it to me but was over my head.
[08:56] {Threei} there is not much mistery to it, it's a simple concept
[08:56] {hawkfan4} besides, he's a trader, so i take 1/2 of what he says and figure it's bs :)
[08:57] {Threei} take out existing orders, you remove liquidity and pay ECN fees
[08:57] {Threei} bid and offer and get good enough or lucky enough to get hit on both, you add liquidity and get ECN rebates
[09:00] {cosmo} CUBA happy
[09:00] {cosmo} i think
[09:02] {Threei} ENER
[09:02] {Threei} - United Solar Ovonic LLC, a wholly owned subsidiary of Energy Conversion Devices, Inc. announced that it has entered into a multi-year agreement to supply its UNI-SOLAR(R) brand solar laminates to ITOCHU Corporation for use on large-scale rooftop installations on industrial and commercial buildings worldwide.
[09:02] {Threei} QTWW
[09:02] {Threei} AWARDED $14.5M DEVELOPMENT PROGRAM CONTRACT- Company has received a $14.5M program from Fisker Automotive, Inc. to advance and integrate Quantum's proprietary high-performance plug-in-hybrid electric vehicle architecture -- known as "Q-Drive" -- for the Fisker Karma four-door sport sedan production model.
[09:04] {dptl} good morning all
[09:05] {Threei} dp :)
[09:06] {esemde} Good morning bruce Vad dp hawk jm magoo haley
[09:06] {Threei} ese :)
[09:07] {hawkfan4} morning ese :)
[09:08] {Threei} market is totally oblivious to all the dire warnings
[09:08] {Threei} acts like bulls are in charge from now on till 2145
[09:09] {Threei} dp, look dcc plase
[09:09] {cosmo} ARRS
[09:10] {cosmo} 5.80 high so far
[09:10] {Threei} 08:08am [ARRS] Announces share repurchase program covering $100M in shares (16.5% of market cap)
[09:10] {Threei} 06:04am [ARRS] Price Target lowered to $10 from $16 at ThinkEquity; Maintains buy rating
[09:12] {Threei} LIBYA: DIFFICULT FOR OPEC TO CUT OIL OUTPUT AT CURRENT PRICES, BUT TOO EARLY TO PREDICT WHAT OPEC WILL DECIDE AT THE MARCH 5 MEETING
[09:12] {dino} gm all
[09:13] {Threei} dino :)
[09:15] {Threei} if market strength continues, SOLF is likely to stage another run
[09:16] {esemde} I would agree with that
[09:18] {bruce} morning ese
[09:19] {Threei} bruce :)
[09:20] {esemde} bruce
[09:22] {Threei} ese, look dcc please
[09:25] {dino} onxx bit of blood
[09:26] {esemde} was just looking at that dino
[09:27] {esemde} you plan on a short
[09:27] {bruce} morning vad
[09:27] {Threei} FED'S STERN: SOME MARKETS ARE PERFORMING BETTER; INFLATION EXPECTATIONS ARE WELL ANCHORED - Q&A
- Says inflation expectations are not debasing currency
[09:27] {Threei} - Does not expect gap between overall and headline inflation to alst over time
[09:27] {cosmo} ONXX pre mkt high = 36.5 fwiw
[09:29] {dino} es, thinking long at some point 34ish small
[09:30] {dino} drug still works w/kidney cancer,m just not lung
[09:30] {esemde} tks
[09:30] {dino} np
[09:31] {magoo} sharp down here
[09:31] {cosmo} onxx
[09:33] {Threei} IDMI is starting this dance again or what
[09:33] {Threei} 3.70 long if holding above 3.50
[09:34] {Threei} if it takes 3.90-3.90 resistance, likely to present big surprise
[09:34] {Threei} 3.80 -3.90
[09:36] {dino} kalu
[09:39] {Threei} invalidated for now IDMI
[09:40] {bruce} stld dino
[09:41] {Roman}
21 PAAS strong
[09:41] {Roman}
21 SSRI too
[09:43] {dino} qdel s sm .68
[09:44] {magoo} idmi bounce candidate vad?
[09:44] {bruce} qcom long vad?
[09:44] {Threei} if holding above .40 and crosses back over .50 mags
[09:45] {Threei} QCOM is very strong
[09:45] {Threei} pullback into 43 would be the best
[09:45] {esemde} prxi
[09:45] {Threei} but if doesn't happen break is valid
[09:46] {esemde} blast.....didn't get a fill at .30
[09:46] {dino} stld bruce y, s somewhere
[09:47] {dino} following kalu
[09:48] {dino} s stld .03
[09:48] {Threei} if got QCOM off 43, stop is under 42.80
[09:49] {esemde} long COCO .50 1/2 lot
[09:50] {Threei} with any market help QCOM is more than scalp
[09:50] {esemde} Out COCO .75
[09:50] {esemde} =}25
[09:50] {esemde} =.25
[09:50] {esemde} +.25...there!!!
[09:50] {Threei} :)
[09:51] {dino} gj
[09:52] {esemde} perfect numbers ...easy to calculate
[09:52] {esemde} 50 to 75
[09:52] {Threei} that's what we mathematically challenged types like
[09:52] {esemde} am thinking about pullback
[09:53] {dino} stld bstop to .93
[09:53] {dino} sheesh spike, stopped +.10
[09:54] {bruce} me too dino - waiting for stld to set up again
[09:54] {dino} same at .48
[09:54] {Threei} QCOM stop to .89
[09:55] {esemde} long 1/2 COCO again .59
[09:55] {Threei} is today the day my little VLNC finally hits 3?
[09:56] {dino} no
[09:56] {dino} :)
[09:56] {Threei} sigh
[09:57] {dino} qdel bstop to b/e
[09:59] {dino} qdel stop .63 +.05
[10:00] {Threei} offering VLNC at 3.05
[10:00] {Threei} swing trade from 2.35 in case you forgot
[10:01] {Threei} 3 on the nose
[10:02] {Threei} come on, break
[10:04] {Threei} FED'S STERN: MOST ECONOMIC READINGS ARE NOT ALL THAT BAD; SHOULD NOT GET CARRIED AWAY WITH NEGATIVES - Q&A
[10:05] {curtisweese} qcom -$.10
[10:05] {bruce} stopped qcom
[10:06] {curtisweese} lucky i had my stop placed tpp
[10:06] {curtisweese} err too
[10:06] {Threei} yeah, lost drive
[10:07] {esemde} Out COCO ..78 +.19
[10:08] {esemde} now will see about a breakout at .80
[10:08] {esemde} bstop .81 COCO
[10:11] {esemde} pulled bstop on COCO
[10:11] {Threei} FED'S STERN: SEES RISK OF CREDIT CRUNCH FOR EXTENDED PERIOD; RATE CUTS HAVE BEEN WHOLLY APPROPRIATE
- Economic growth in long run to average 2.5%.
[10:11] {Threei} - Economy now similar to early 90s headwinds period.
[10:11] {Threei} - Sees unemployment worsening if the economy keeps softening.
[10:11] {dino} brillant
[10:12] {Threei} there is more where it came from
[10:12] {Threei} - Does not expect return of double digit inflation as in the 1980s.
[10:12] {Threei} - Says housing still has inventory related problems; Expects housing activity to remain subdued, until inventory is reduced, and some subprime borrowers are doing bette
[10:14] {dino} they are popping us around us lately
[10:14] {dino} banks asking about 65% on the dollar taking offers 30% lower for cash closes
[10:18] {Threei} direct hit VLNC
[10:18] {Threei} out at 3.05
[10:18] {Threei} days of patient waiting rewarded
[10:21] {Threei} US STATE DEPT'S NEGROPONTE: US EMBARGO OF CUBA TO REMAIN IN PLACE DESPITE CASTRO'S RESIGNATION
[10:22] {dino} onxx l .60
[10:25] {dino} onxx stopped -.50
[10:25] {Threei} SEED spike, don't see news
[10:26] {Threei} ONXX EXPECTS TO BE 'CASH FLOW POSITIVE' FOR THE YEAR, MAY HAVE SOME PROFITABLE QUARTERS DURING 2008 - CONF CALL
[10:29] {dino} qdel s .80
[10:30] {Threei} DRIV . 62 long half lot if holding above .50; if losing it look for entry on pullback around .30-.40
[10:35] {dino} amed
[10:35] {dino} gtxi
[10:36] {Chaeron} gm all :)
[10:36] {Threei} chaeron :)
[10:39] {Threei} what's with PAL?
[10:40] {bruce} stld worth try short again near here dino?
[10:40] {dino} amed sm s .69, stop .03
[10:41] {dino} apol blood
[10:44] {dino} amed stopped -.34
[10:47] {Threei} I guess bull maarket is over
[10:49] {bruce} driv stop .40 vad?
[10:49] {Threei} yes... I wouldn't even be in though
[10:49] {Threei} it lost support before triggering
[10:49] {bruce} k -
[10:51] {bruce} onxx may be reversing here dino
[10:52] {dino} y, i think so too
[10:54] {Threei} RIMM .31 long small shares with stop .14
[10:54] {Threei} invalidated if loses .15
[10:55] {Threei} lost
[10:56] {Threei} needs to hold .20 this time to become valid again
[10:58] {Threei} half out RIMM, scalpers take profit
[10:58] {dino} you take stld bruce?
[10:59] {bruce} no- wasn't sure where to enter dino - watching it
[11:00] {dino} aks same industry
[11:00] {Threei} RIMM over 1:2
[11:00] {Threei} out +.41
[11:03] {dino} stld sm s .06 stop .41
[11:06] {bruce} I wasn't able to read rimm vad - what made it a long there?
[11:07] {dino} qdel stopped spiked -.23
[11:08] {Threei} market recovery at the moment and pullback setup, cross back above resistance while holding support
[11:08] {Threei} it danced a bit above .30 with .15 being support,
[11:08] {Threei} lost it,
[11:09] {Threei} making cross back a long trigger,
[11:09] {Threei} so question became where the stop was
[11:09] {Threei} as soon as it formed support weith stop tight enough for my risk tolerance and market showed new strength, break of .30 became a buy
[11:11] {dino} aks sm s .08
[11:12] {dino} stld stopped cov .80, +.26
[11:12] {bruce} k
[11:12] {bruce} thanx vad
[11:15] {Threei} 94.99 short RIMM if stays below 95.15
[11:22] {esemde} bye all have a great day
[11:22] {Threei} take care ese
[11:22] {bruce} bye ese
[11:26] {hawkfan4} bruce/dino, great heads up on ONXX, thanks
[11:29] {bruce} stld short again here dino?
[11:29] {bruce} welcome hawk
[11:29] {cosmo} TONE
[11:30] {cosmo} breakish...
[11:30] {dino} dk, hope so i have aks s
[11:34] {Threei} XLF .50 long for a scalp if stays above .40
[11:34] {Threei} for hard core scalpers stop .44
[11:36] {magoo} symbol not coming up?
[11:36] {Threei} ?
[11:37] {Threei} XLF
[11:37] {Chaeron} in L2 box... not able to load
[11:37] {magoo} bulletin boaard?
[11:37] {dptl} long .50 xlf
[11:37] {Threei} huh
[11:37] {Chaeron} amex?
[11:37] {Chaeron} not BB mags...
[11:37] {Chaeron} I get a chart on XLF Vad, but XLF not loading in L2 box
[11:37] {magoo} hm..i not getting quotes on it
[11:38] {Threei} wierd
[11:38] {Chaeron} yeah, me too magoo
[11:38] {Chaeron} just another way the man is keeping me down........
[11:38] {dino} aks stopped .36 -.28
[11:48] {dino} apol off of .00 l
[11:48] {dino} ok, stop .69
[11:49] {dptl} moving stop to b/e xlf
[11:49] {dino} gtiv
[11:51] {bruce} crox dropping dino
[11:51] {Threei} where did you place original one dp?
[11:51] {Threei} .39 or .44?
[11:51] {dptl} ..39
[11:52] {Threei} BABY
[11:52] {Threei} HEARING RUMORS OF POSITIVE FDA RULING
[11:53] {dino} earning tonight
[11:53] {dino} crox
[11:56] {Threei} 1:1 for dp
[11:56] {dptl} ye out ty
[11:57] {Threei} :)
[12:00] {bruce} onxx may break out here
[12:00] {dino} hope so l from .60
[12:01] {bruce} nice entry dino
[12:02] {dino} lucky
[12:04] {Threei} CEGE nears Fri high 2.85
[12:05] {dino} crox sm l .10 stop lod
[12:05] {Threei} 2.75 nearest support, probably worth a try for a quick scalp at .86
[12:05] {Threei} especially if not losing .80 anymore
[12:06] {bruce} bidu long dino?
[12:08] {dino} not touching it, ask magoo
[12:08] {dptl} l.87 cege
[12:09] * Threei slaps Laserdave1 around a bit with a large trout
[12:10] * magoo slaps Laserdave1 around a bit with a large trout
[12:10] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:10] * Laserdave1 slaps Laserdave1 around a bit with a large trout
[12:13] {Threei} my patience is at its limit, out XLF +.14
[12:15] {dptl} stop on cege under .80 now?
[12:15] {magoo} u take CEGE vad?
[12:15] {Threei} yeah
[12:15] {Threei} yeah
[12:15] {Threei} market sharp downtick
[12:15] {bruce} cge stop .79?
[12:16] {Threei} [12:15] {dptl} stop on cege under .80 now?
[12:16] {Threei} [12:15] {Threei} yeah
[12:16] {Chaeron} such enthusiasm! :)
[12:17] {dino} apol stopped
[12:20] {dino} ustr
[12:20] {magoo} where u waiting vad cege?
[12:21] {Threei} I don't have target
[12:21] {Threei} will see how it trades
[12:21] {Threei} want sharp spike
[12:21] {Threei} makes new highs so far
[12:23] {Threei} with 6 cents risk, I just don't feel like I have to worry about it too much
[12:26] {dptl} out .93
[12:26] {Threei} dp is determined to squeze any single cent market gives today :)
[12:26] {dptl} pretty much....:)
[12:27] {dino} dp is the man
[12:28] {dptl} those sizes .95 .96 .97
[12:28] {bruce} crox may be setting up for ong here dino
[12:28] {dino} onxx stop to .18
[12:28] {dptl} now they gone
[12:32] {dino} in it bruce at .10
[12:33] {dino} onxx stop to .39
[12:34] {dino} onxx to .48
[12:36] {dino} out onxx .48,
[12:36] {dino} +.88
[12:36] {Threei} nice
[12:36] {bruce} nice dino
[12:36] {dino} ty, needed one
[12:46] {Threei} sold half CEGE .98
[12:49] {Threei} 3 break is in order
[12:50] {Threei} solidly over 1:1 guys, decide for yourself
[12:50] {Threei} I'll try for 3.10
[12:56] {bruce} dino - ustr
[13:00] {Threei} *FEB NAHB HOUSING MARKET INDEX: 20 V 19E
- no revision to prior 19
[13:00] {Threei} - Home buyer traffic at 7 month high
[13:02] {Threei} my stop is .84 for the balance
[13:04] {Threei} out
[13:14] {dino} ustr l .70, stop .29
[13:28] {bruce} alxn dino
[13:29] {Threei} ZEUS goes to the top of Olympus
[13:30] {cosmo} that 's not fresh...
[13:32] {Threei} no... and hey, bad puns is my specialty
[13:35] {cosmo} its Art
[13:36] {Threei} wow XLF
[13:37] {Threei} we nailed trend reversal exactly...
[13:37] {Chaeron} Just heard over the wires that there is a fertilizer shortage..... in an election year???????
[13:38] {cosmo} its being horded maybe
[13:38] {Threei} hmmm
[13:38] {Threei} is your idea of connection betwen election and fertilizer what think it is?
[13:38] {Chaeron} I'll report... you decide :)
[13:39] {cosmo} nurturing new ideas?
[13:39] {cosmo} change?
[13:39] {cosmo} nah...
[13:39] {Chaeron} heheh
[13:40] {Threei} gosh... VRSI is in reseller pact with Nortel
[13:40] {Threei} looking at VRSO, can't help but think, Nortel's business is in more troubles than I could ever suspect
[13:48] {Threei} POT
[13:48] {Threei} CEO: CONSIDERED BUYING ITSELF OUT AFTER PRICE DROP IN JANUARY; EARNINGS WILL BE "MUCH STRONGER THIS YEAR" - WIRE CITING INTERVIEW COMMENTS
- Sees famine this year if crops fail in a major region.
[13:48] {Threei} - Sees extended period of high fertilizer demand.
[13:49] {Threei} famine?
[13:52] {Threei} MON
[13:52] {Threei} 120 break looks compelling
[13:52] {Threei} stop would be .75
[13:52] {Threei} a bit jumpy
[13:53] {Threei} keep size reasonable
[13:56] {Raven}
3 back ... rofl Chaeron ... fertilizer ...
[13:56] {Threei} ok... Raven sees what I see in that comment :)
[13:56] {Chaeron} thanks Raven... :)
[13:56] {Raven}
3 np
[13:56] {Raven}
3 thx to cosmo too
[13:57] {Threei} SEED is famine stock too?
[13:57] {Raven}
3 is there famine in the country now too ... along with everything else ??
[13:57] {Threei} so they say
[13:58] {dino} there is what there is
[13:58] {bruce} alxn possible reversal near here dino
[13:58] {dino} crox stopped .16 +.06
[13:58] {Raven}
3 thx dino :)
[13:58] {dino} np raven...i do what i can do
[13:59] {Raven}
3 I see that ... good job
[14:00] {dino} of course, i see what i see too
[14:00] {dino} cpla l sm .90
[14:00] {Raven}
3 calm down
[14:01] {dino} ok...but i'll gladly pay you on tuesday for a hamburger today
[14:01] {Raven}
3 you are losing it ...
[14:02] {dino} the markets are turning my mind to mush buddy\
[14:02] {Threei} MON turns into bounce play, 119 closest support
[14:02] {Raven}
3 a walk in the cold perhaps ?
[14:03] -} *services* REGISTER _fastchocho karnez77
[14:03] {dino} going to hit the bowflex
[14:03] {Raven}
3 maybe shovel some slush ?
[14:04] {dino} all gone, just cold
[14:04] {Raven}
3 nice
[14:04] {Raven}
3 fuc**** winter wonderland
[14:05] {dino} yeah, only about 20 f here
[14:05] {Raven}
3 18.7F here with more snow ... endless snow
[14:06] {Raven}
3 down to around zero tonight
[14:06] {patience} hot day here yesterday, right vad?
[14:06] {dino} about 8 last night
[14:06] * Raven slaps patience around a bit with a large trout
[14:06] {dino} won't matter in 2 weeks
[14:06] {patience} its true.....joggers wearing shorts now
[14:06] {Raven}
3 oh sigh
[14:07] {Threei} it is
[14:08] {Threei} I had jacket on yesterday for 7miles walk, on the way back didn't know how to get rid of it
[14:08] {Raven}
3 arghhh
[14:11] {dino} apol
[14:11] {dino} oh mann, my 2 mile wallk at 7:30, had parka, scarf, sweatshirt, insulated socks, sneakers, and heavy hat
[14:12] {Threei} my past... firly put behind my back
[14:12] {Threei} never again
[14:12] {Threei} didn't catch MON
[14:12] {Raven}
3 my walk did not even occur
[14:14] {dino} if i wasn't at the bus stop w/kids, mine wouldn't either, but since i'm out there...
[14:15] {Raven}
3 sounds dreadful
[14:15] {cosmo} back... had to walk the dogs
[14:16] {dino} clears the head tho
[14:16] {Raven}
3 teach them to use a litter box
[14:16] {cosmo} they have a yard
[14:17] {cosmo} well fertalized..
[14:17] {Raven}
3 fertilized ?
[14:17] {Threei} no famine in cosmo's yard
[14:18] {Raven}
3 and cosmo can't step out there
[14:18] {Raven}
3 without stepping in
[14:18] {cosmo} sow bugs do the trick
[14:18] {Raven}
3 dung beetles ?
[14:19] {cosmo} hmmm...faxsimili
[14:19] {Raven}
3 another continent
[14:20] {cosmo} facsimile then
[14:20] {Raven}
3 better
[14:24] {cosmo} i'll have to get a good picture sometime... nothing on google
[14:25] {dino} hurn smacked
[14:37] {Threei} OK, where is promised bull market?
[14:38] {Threei} watching RIMM for bounce play
[14:39] {Threei} missed near 94
[14:39] {Threei} not chasing
[14:41] {Threei} in this time
[14:41] {Threei} stop under 94
[14:41] {Threei} questionable market here
[14:42] {Threei} hard to tell bounce time or one more leg down
[14:42] {magoo} where u in?
[14:42] {Threei} .15
[14:42] {magoo} .20
[14:43] {Threei} nope
[14:43] {Threei} another selloff
[14:43] {Threei} looking for better entry
[14:45] {dino} ustr stopped .29 -.41
[14:46] {Threei} still doesn't feel ready
[14:48] {Threei} OK, .70
[14:48] {Threei} .59 stop
[14:48] {Threei} half out
[14:49] {Threei} _.25
[14:49] {Threei} +.25
[14:49] {Threei} stop .69
[14:49] {bruce} apol may find support near 65 dino
[14:49] {dino} sm wide hurn l .46
[14:49] {dino} never thought it would get therewatching apol
[14:50] {Threei} BIDS FOR GM BUILDING IN NYC "OVER $3B", WOULD BE HIGHEST PRICE EVER FOR US BUILDING
[14:50] {Threei} Chaeron, you sure you need such big office?
[14:50] {Chaeron} expansion is key :)
[14:50] {Threei} sure... but still
[14:51] {Threei} cleaning bill must be staggering
[14:51] {Chaeron} have a corner office with yours and Raven's name on it
[14:51] {dino} location huh chaer?
[14:51] {Threei} out balance RIMM b/e
[14:51] {Chaeron} dino and mags too :)
[14:52] {Threei} want dive under .50
[14:52] {dino} pretyy good selloff
[14:52] {bruce} ustr breaking lod
[14:54] {Threei} held .50... OK, pullback then to establish double bottom
[14:56] {Threei} in
[14:56] {dino} hurn stop to .86
[14:56] {Threei} .74
[14:56] {Raven}
3 lol
[14:57] {Threei} a bit far from support but doesn't look like better pullback is in cards
[14:57] {dino} out +.37, slip to .83
[14:57] {dino} solars getting hit
[14:58] {dino} apol good call bruce
[14:58] {magoo} your in rimm .74 vad?
[14:58] {Threei} yes
[14:59] {Threei} not delighted by stop size, if you got better price good for you
[14:59] {dino} lod held ustr, maybe good entry area
[14:59] {Threei} ugh
[15:00] {dino} nah ustr
[15:01] {dino} ok, there's our 200 pt range dji
[15:02] {dino} back in 10
[15:03] {Threei} pattern of late day rug pull is back
[15:04] {Threei} bounce time, now or never
[15:14] {dino} ustr l sm .90
[15:17] {Threei} in RIMM for another bounce
[15:17] {Threei} .65 stop
[15:17] {Threei} not veru confident
[15:17] {Threei} market is shaky
[15:18] {dino} ya think?????
[15:18] {Threei} out +.29
[15:18] {dino} nice
[15:18] {dino} ctct
[15:25] {dptl} .
[15:26] {Threei} maybe one more drop
[15:26] {dino} hurn sm l .05
[15:26] {Threei} RIMM short
[15:26] {Threei} ugh, late a little
[15:26] {Threei} into this bounce
[15:27] {Threei} stop above .90
[15:28] {Threei} dies NQ
[15:28] {Threei} -s
[15:29] {Threei} that was an instruction, not a statement
[15:29] {magoo} i had call, u in anything vad here?
[15:29] {Threei} RIMM short .80
[15:31] {Threei} shhh
[15:31] {Threei} missed cover while typed
[15:31] {Threei} out +.24
[15:32] {Threei} about 10 cents initial stop on RIMM{ it doesn't get better than this
[15:39] {Threei} looking for long now
[15:39] {Threei} if holding .50
[15:39] {magoo} where?
[15:39] {Threei} .70
[15:40] {Threei} stop under .50
[15:40] {magoo} crap, only 100 filled
[15:41] {Threei} labored trade
[15:43] {Threei} out +.25
[15:58] {Threei} missed this last selloff, couldn't find any indication for an entry
[15:58] {dino} out cpla -.26
[16:00] {dino} oui ustr .04,
[16:00] {dino} .14
[16:00] {Threei} thank you all
[16:00] {dptl} have a good evening all
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {Threei} for either bear or bull market
[16:00] {Threei} roll a dice
[16:01] {dino} crox .45 vs est .44

Friday, February 15, 2008

February 15 2008

Session Time: Fri Feb 15 00:00:00 2008

[08:38] {Threei} *JAN IMPORT PRICE INDEX: M/M 1.7% V 0.5%E; Y/Y 13.7% V 12.7%E
- Prior m/m revised from 0.0% to -0.2%
[08:38] {Threei} - Prior y/y revised from 10.9% to 10.4%
[08:47] {cosmo} IDMI
[08:48] {cosmo} 3.25 hopm
[08:48] {Threei} the way it trades is puzzling
[08:48] {cosmo} hmm
[08:48] {Threei} it's like it has no input by normal trading whatsoever, fully controlled by a single entity
[08:48] {esemde} good morning......
[08:49] {Threei} ese :)
[08:49] {Threei} I don't think I've ever seen anything like this with decent volume
[08:49] {Threei} low volume pukers yes, they often trade in this mannere
[08:49] {cosmo} conspiracy?
[08:49] {Threei} ghost of JFK trades it?
[08:50] {cosmo} Jr. too
[08:52] {cosmo} BRCD tests at 7.3 ...just in case
[08:54] {magoo} morning
[08:54] {Threei} 02/14/08 05:03pm [BRCD] Guides Q2 EPS $0.13-0.15 v $0.14e, R $340-355M v $350Me - Conference Call
[08:54] {Threei} 02/14/08 04:05pm [BRCD] Reports Q1 $0.16 v $0.15e, R $348M v $352Memore
[08:54] {Threei} magoo :)
[08:59] {esemde} NAS futures seem to crawling off it's morning lows....maybe just maybe we can some kind of positive day after the feds Bernackers shot his mouth off about a crappy economy
[09:00] {esemde} don't know about you all but there is something dumb/stupid about this fed chairman....
[09:01] {Threei} and what about the one before him?? :)
[09:02] {esemde} he buggared up that major 2000 downturn.....
[09:02] {esemde} but....
[09:03] {Threei} I dunno... IMO, famous :who needs gold when we have greenspan" is one of the most cosly phrases in US history
[09:03] {esemde} he was more selective in how he broke the news to the market...selective is not the word i';m looking for thought
[09:03] {Threei} at par with "I want divorce"
[09:04] {Threei} well, he himself put it best anyone could
[09:04] {cosmo} i'd like to give them the benifit of the doubt... maybe this is a sign of brilliance
[09:04] {Threei} :if my speech is understood I am not doing my job well"
[09:04] {esemde} ha ha yuk yuk yuk
[09:05] {esemde} was drives me crazy is how all the fed governors seem to shoot there mouth off at random....shouldn't it come from just one person
[09:06] {cosmo} it may soon
[09:06] {Threei} PREVIEW: JAN INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION DUE OUT AT 9:15AMET
**consensus expectations:
[09:06] {Threei} - Jan Industrial Production: 0.1%e v prior 0.0%
[09:06] {Threei} - Jan Capacity Utilization: 81.3%e v prior 81.4%
[09:06] {Threei} IMO ese... it should be no one person... not two... just none
[09:06] {Threei} fed must be abolished
[09:07] {dptl} good morning all
[09:07] {Threei} dp :)
[09:07] {esemde} who would regulate the economy
[09:07] {esemde} dp
[09:07] {Threei} who said it needs to be regulated the way they do it
[09:08] {esemde} true ....whats your ideas
[09:08] {cosmo} maybe the US should have a prime minister
[09:08] {cosmo} nah... i dunno
[09:08] {Threei} a lot of studies show fed rate regulation never influenced inflation
[09:08] {Threei} staved off crisis or recession
[09:08] {esemde} you wouldn't want that cos....
[09:09] {cosmo} k
[09:09] {Threei} and if anything destabilized the weay things went
[09:09] {esemde} too many powers for canadian priminister without regulations
[09:09] {Threei} in particular, wasn't housing bubble directly created by feds action?
[09:09] {esemde} yes
[09:09] {cosmo} regulations are fleeting
[09:10] {esemde} not as much over=sight to the prime ministers office...thats the word i'm looking for
[09:10] {cosmo} ah... that's key
[09:11] {esemde} a la Brian Mulroney and the "AIR Bus" scandal here in the nineties
[09:12] {cosmo} UFO's do the oversight now i guess
[09:12] {cosmo} and ravens too
[09:13] {Threei} they tried their best with sponsorship scandla in Canada cos... didn't succeed either
[09:13] {esemde} Trudeau in the 60's with the war measures act.....we can become a police state instantly.....worse than the Soviet Union ever was
[09:13] {esemde} Not alot of people know that......
[09:13] {cosmo} then there was Tito...
[09:14] {esemde} it can be worse that that....
[09:15] {esemde} hopefully the democratic system here in Canada can withstand another unilateral declaration like that
[09:15] {Threei} *JAN INDUSTRIAL PRODUCTION: 0.1% V 0.1%E; CAPACITY UTILIZATION: 81.5% V 81.3%E
[09:15] {cosmo} BRCD
[09:15] {Threei} I think I'll change your mind about "worse than Soviet Union" ese, if tell you some things about how it used to be over there :)
[09:15] {cosmo} @7.30
[09:16] {esemde} we'll talk over another shis ka bob barbecue at your place some day
[09:16] {Threei} I am looking forward
[09:17] {cosmo} poor bob
[09:17] {Threei} rofl
[09:17] {esemde} with coffee thick enough and strong enough to be the foundation of your house
[09:17] {Threei} be back in 5
[09:17] {dino} gm all
[09:17] {Threei} dino :)
[09:17] {esemde} gm dino
[09:17] {Threei} yeah, you don't want to get in boxing match with that coffee
[09:20] {esemde} somebody answere me this....can the QID beused as a morning indicator like NAZ futures
[09:21] {esemde} or would the QQQQ be bettter
[09:22] {cosmo} hmmm
[09:22] {Threei} sure ese, just remember of opposite direction
[09:23] {esemde} i'm watching the nas100 futures climb and the QID decline
[09:23] {lumdus} good morning all
[09:23] {Threei} yup
[09:23] {Threei} lum :)
[09:23] {esemde} would it be more of a sentiment indicator than a real indicator
[09:23] {esemde} lum
[09:24] {Threei} not sure what you mean by that ese
[09:24] {esemde} well.....
[09:24] {Threei} NQ dowen 9.50 right now... it's real :)
[09:25] {esemde} QID is basically options contracts inn't it
[09:25] {esemde} or people going short....
[09:26] {cosmo} BRCD should hold 7.10 ... needs to hold 7.0 imho
[09:26] {esemde} hmmmmm...maybe i'm not sure what i'm asking
[09:26] {cosmo} hmmm
[09:26] {dino} emkr
[09:29] {Threei} EMKR PLACES 7.5M CONVERTIBLE UNITS AT $12.50/UNIT (12% OF MARKET CAP)-Private placement $94M of securities consisting, in the aggregate, of approximately 7.5M units of its common stock and warrants to purchase up to approximately 1.3M additional shares. The purchase price was $12.50 per unit. The warrants have a five-year term and an exercise price of $15.06 per share.
[09:30] {Threei} ETFC spike
[09:30] {Threei} don't see news
[09:31] {magoo} u watching nvda today for any recovery vad?
[09:31] {dino} head fake today
[09:31] {Threei} or for shorting... whatever shapes up :)
[09:31] {magoo} yep
[09:31] {Threei} reminder
[09:31] {Threei} Friday before long weekend
[09:31] {Threei} scalping is in order
[09:31] {magoo} scalp
[09:33] {Threei} watching IDMI for long on pullback
[09:33] {Threei} closer to 3.10
[09:35] {Threei} what pullback, wierdo asks
[09:35] {Roman}
21 JASO
[09:36] {esemde} yup doesn't want to pull back vad
[09:39] {Threei} CIEN half lot long 27.10 if stays above .95
[09:40] {Roman}
21 in JASO
[09:40] {Roman}
21 19.61 1/2
[09:40] {Roman}
21 1/3
[09:40] {lumdus} short leh 53.68 stop 53.77
[09:41] {dino} nvda
[09:42] {lumdus} out -.10 leh
[09:42] {magoo} u in CIEN vad?
[09:43] {Threei} it triggered, why wouldn't I be
[09:44] {Threei} stopped
[09:46] {magoo} me too
[09:47] {Threei} IDMI is cry-inducing
[09:47] {magoo} i know..feels like over 4
[09:48] {bruce} ehth dino
[09:48] {esemde} how bout this one EHTH...
[09:48] {Threei} 02/14/08 04:08pm [EHTH] Reports Q4 $0.14 v $0.13e, R $24.2M v $24.2Memore.. - Guides Q1 EPS $0.08-0.12 v $0.13e. - Guides FY08 R $114-117M v $115.6Me.
[09:51] {Threei} XMSR/SAIRI pair is climbing for some reason
[09:51] {Threei} SIRI
[09:53] {Roman}
21 out JASO -.11
[09:55] {dino} rads s sm .08, stop .33
[09:55] {Threei} *FEB PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 69.6 V 76.0E
[09:57] {Threei} Lowest reading since at least 1994 (limited by data)
[09:59] {bruce} pcln dino
[09:59] {Threei} NVDA on bounce watch
[10:02] {magoo} idmi bounce watch?
[10:02] {Threei} want NVDA lower I think, don't want to chase weak bounce
[10:02] {magoo} k
[10:02] {Threei} really can't tell IDMI
[10:06] {bruce} csgp dino
[10:08] {Threei} this is better entry level NVDA
[10:08] {Threei} stop under .50
[10:09] {dino} rads stopped -.25
[10:10] {bruce} s rads .20 stop .45
[10:10] {magoo} what entry u get nvda vad?
[10:10] {curtisweese} morning!
[10:10] {Threei} .61
[10:10] {Threei} curtis :)
[10:10] {bruce} csgp dino
[10:11] {magoo} .67 here
[10:11] {dptl} out+.10 nvda ty
[10:12] {dino} y bruce around 39.60s
[10:12] {magoo} a little high
[10:12] {dino} cgnx?
[10:12] {magoo} out flat
[10:12] {Threei} a bit mags, was available at .60 level for about a minute after my post
[10:13] {magoo} yeah, i missed
[10:13] {magoo} so out flkat
[10:13] {Threei} 08:36am [CGNX] Needham Raised CGNX to Strong Buy from Buy
[10:13] {lumdus} nvda, need to go now common run it
[10:13] {Threei} and earnings yesterday
[10:15] {bruce} stopped rads -.26
[10:16] {lumdus} nvda, looking to fail
[10:17] {Threei} it seems to restore its connection with overall market lum
[10:17] {Threei} not to full match but still
[10:17] {lumdus} yes, i am out -.03
[10:18] {bruce} I'd like to see cgnx higher dino - hasn't moved 2 bucks yet
[10:21] {bruce} ammd on radar dino
[10:22] {Chaeron} gm all
[10:23] {Threei} chaeron :)
[10:23] {magoo} chaer: )
[10:23] {curtisweese} out on NVDA short $.18 thanks lumdus.....just had time to see your comment and enter at right point!
[10:24] {dino} cgnx +3.60
[10:24] {lumdus} curtis my stop is .53 now
[10:25] {lumdus} but if you get .10 in this market i take it and run. nothing going on realy
[10:26] {curtisweese} dino, did you tell me about tradelog.com? that was a shipping company i think...wrong url?
[10:26] {bruce} k dino _ I wasn't including gap - just days actin - 17.20 to 19.20 now
[10:27] {dino} ok
[10:28] {dino} ilmn
[10:28] {magoo} cgnx animal
[10:29] {lumdus} watching abt
[10:29] {lumdus} long
[10:29] {bruce} prob. a relation of yours mags
[10:30] {lumdus} in abt 55.92 stop 55.79
[10:30] {lumdus} run abt run now ..
[10:31] {Threei} market is bipolar again or what
[10:31] {Threei} I don't see any significant news to cause this spike
[10:31] {magoo} tough
[10:32] {bruce} what you thinking ilmn dino - lots of volume now - closer to 74 for short?
[10:32] {Threei} if you watched NVDA with this NQ spike
[10:32] {Threei} nice juicy delay for entry
[10:33] {Threei} if NQ drops sharply, possible short scalp
[10:33] {Threei} but don't try to short it on any little NQ uptick
[10:33] {Threei} sorry downtick
[10:34] {magoo} maybe a qid long scalp too
[10:34] {lumdus} out abt -.11
[10:34] {Threei} watch for situation when NQ makes long red bar while NVDA stays up there for w while
[10:34] {curtisweese} what is NQ doing now? I need to pay to get that chart...darn :(
[10:34] {Threei} not what happened on this drop
[10:34] {Threei} use NDX or QQQ
[10:34] {Threei} QQQQ
[10:35] {magoo} i use qqqq, worx well
[10:35] {Threei} yeah, don't pay what you don't have to
[10:36] {bruce} dino - csgp may be worth try short about here now
[10:37] {dino} y
[10:43] {dino} ammd was the one
[10:44] {Threei} SDTH short half lot on .80 breakdown if stays under 13
[10:44] {lumdus} curtis dcc
[10:45] {magoo} i aggrssive
[10:45] {magoo} .83
[10:46] {dino} csgp s .98, stop hod
[10:48] {dino} jakk
[10:49] {dino} cenx
[10:50] {Threei} SDTH has this "ready to drop" look
[10:50] {bruce} cenx dino
[10:51] {dino} where
[10:52] {dino} .50 break
[10:52] {bruce} was thinking 61,75 if it gets back there with 62 stop
[10:53] {dino} its there
[10:53] {bruce} nope too much green for moment
[10:53] {dino} jakk s .00
[10:53] {dino} stop hod
[10:53] {bruce} s at.93 w 30c stop
[10:54] {bruce} in
[10:54] {magoo} everything falling BURT SDTH
[10:59] {magoo} not complaing, i went in early..but wierd
[10:59] {magoo} like vad said..looked prime to drop
[11:00] {Threei} valid as long as stays under 13
[11:02] {Threei} NVDA is long .30 or short .20
[11:02] {Threei} whichever comes first and whatever market direction supports
[11:03] {magoo} just give me the winner lol
[11:03] * Threei hands magoo a winner
[11:03] {bruce} atopped cenx -.25
[11:03] {lumdus} haa haa magoo
[11:06] {lumdus} vad, iyr, i was looking short 62.35 but since had been red candel for volume i figured not so good. that make sense ?
[11:07] {lumdus} short yhoo 29.71
[11:07] {lumdus} stop 29.81
[11:07] {Threei} yeah, need some consolidation to form range for break
[11:07] {lumdus} ok than you
[11:08] {lumdus} amzn looks like a nice short also
[11:09] {dino} gpro
[11:11] {dptl} so .30 stop on nvda?
[11:12] {Threei} yup
[11:12] {magoo} aapl bounce vad w/naz help?
[11:13] {Threei} close to .50 sure
[11:13] {Threei} very tight stop
[11:14] {dino} \gpro l sm .75
[11:14] {dptl} stopped nvda
[11:14] {Threei} psycho market
[11:14] {lumdus} double psycho
[11:15] {lumdus} my yhoo short didn't stop me out yet. maybe i can make this one work
[11:15] {dino} csgp stopped .21, -.23
[11:17] {lumdus} die yahoo die .. now
[11:17] {bruce} cenx looking weaker now dino
[11:19] {dino} missed
[11:20] {lumdus} stop on yhoo 29.73
[11:24] {lumdus} btu might fall also
[11:24] {dino} gpro stop to .10
[11:25] {curtisweese} NVDA short coming at 22.11 or so (market dependant) at least it lookss like it to me!
[11:25] {dino} out +.35
[11:27] {curtisweese} out NVDA short +$.04 only....partial fill so i bailed
[11:28] {lumdus} ccu rocking
[11:28] {bruce} qcom looks short
[11:28] {Threei} scanner slowed down to a crawl
[11:29] {curtisweese} slowin down before midday friday rally?
[11:29] {lumdus} vad, it gave us ccu which is good. maybe even another .10 on it.
[11:30] {dino} xnpt
[11:30] {Chaeron} spar
[11:30] {Threei} SPAR RECEIVES $133.8 MILLION ORDER FROM BAE SYSTEMS FOR PRODUCTION OF MRAP VEHICLES
[11:31] {Chaeron} thanks :)
[11:32] {lumdus} ok, done with ccu here .84 out
[11:33] {lumdus} lunch time, watch yhoo make sure it stays below .73 untill i finish eating
[11:41] {dino} sm l iclr, thin, wide
[11:42] {dino} .62
[11:43] {dino} sm l xnpt .00
[11:44] {magoo} die SDTH DDDDDDDDDDDDDDDDDDDDDDDDDDIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
[11:44] {Threei} I am garanteed to stutter for life
[11:45] {magoo} what u think vad?cut it or lety it trade
[11:46] {Threei} it works... slowly but hasn't violated any of setup landmarks so far
[11:46] {Threei} I am letting it trade
[11:46] {magoo} how many u get?
[11:47] {magoo} i 700 sh
[11:47] {Threei} I take the fifth
[11:47] {magoo} you'll take more than that
[11:47] * magoo slaps Threei around a bit with a large trout
[11:47] {dino} jakk won't move bstop to .04
[11:48] {Threei} fifth AND fresh fish?
[11:48] {Threei} how lucky am I
[11:51] {Threei} trailing my stop to .91
[11:51] {dino} jakk stopped
[11:52] {Threei} MULTIPLE EXPLOSIONS REPORTED ON A TEXAS GAS PIPELINE; FIRE DEPT. WAITING FOR GAS COMPANY TO SHUT THE LINE
[11:55] {dino} good idea
[11:55] {Threei} lol
[11:55] {patience} where is red adair when you need him
[11:56] {Threei} I am going for a smoke SDTH... when I am back, I want to see you at 12
[12:02] {Threei} sigh... stupid thing
[12:03] {curtisweese} market going up now looks like
[12:03] {curtisweese} or not lol
[12:03] {dptl} ceco?
[12:05] {Threei} chart looks right for a little breakout scalp... question is, how easy you feel about buying breaks today
[12:06] {dptl} ye you right.....wierd day
[12:06] {Threei} that's better SDTH
[12:07] {dino} imcl pretty good drop
[12:08] {Threei} you have 1:1 mags
[12:10] {dino} iclr stop to .20
[12:14] {Threei} now I do too
[12:14] {dino} out iclr +.40
[12:14] {dino} opps +.50
[12:14] {Threei} nice one dino
[12:14] {Threei} out some SDTH +.23
[12:15] {dino} ty
[12:15] {dino} gj
[12:15] {Threei} slooooow
[12:15] {Threei} but heck... I am slow
[12:16] {Threei} and stuttering, courtesy of magoo
[12:18] {dino} you want slow, take magoo golfing
[12:18] {esemde} have a great long weekend....everyone....was on the phone to Belgium and Denmark most of the morning so didn't much of a chance to participate...take care
[12:18] {dino} imcl l .72 stop lod
[12:18] {dino} cya es
[12:19] {Threei} take care ese, have a good weekend
[12:22] {magoo} was waiting .56 and no fill
[12:23] {dino} xnpt stopped
[12:23] {magoo} ok, filled out .61, TY vad
[12:23] {Threei} welcome sir
[12:23] {Threei} I am out in full too
[12:24] {magoo} wow, good lasr fill..look now
[12:24] {Threei} yep, good intuition
[12:35] {Threei} bear is growling
[12:38] {dino} fslr
[12:41] {bruce} gifi dino
[12:44] {bruce} also aci dino
[12:45] {bruce} l aci .22
[12:46] {bruce} stop .05
[12:49] {bruce} out aci quick scwlp +.37
[12:52] {dino} gpro l .44 stop .17
[12:52] {Threei} I want to short this market badl;y
[12:52] {Threei} but these spikes out of order make entry tough
[12:53] {lumdus} oh good yhoo didn't stop me out yet.
[12:53] {lumdus} new stop on yhoo short 29.68
[12:54] {Threei} magoo
[12:54] {Threei} you feel OK?
[12:55] * magoo slaps Laserdave1 around a bit with a large trout
[12:55] {Threei} there
[12:55] {magoo} ty
[12:55] {Threei} :)
[12:55] * Laserdave1 slaps magoo around a bit with a large trout
[12:55] * Laserdave1 slaps Threei around a bit with a large trout
[12:55] {Threei} hmmm
[12:55] {Threei} what did I do?
[12:56] {Laserdave1} absoutly nothing
[12:56] {Laserdave1} but its Friday
[12:56] {Threei} oh great
[12:56] {Laserdave1} and I felt like sharing
[12:56] {Threei} logic is "if you did do something I would kill you'?
[12:56] {lumdus} yhoo double top. i think it's going to fall
[12:56] {Laserdave1} that makes sense
[12:56] {Threei} better yet lum,
[12:57] {Threei} it formed C&H and didn't break
[12:57] {Threei} on 1 min
[12:57] {Threei} handle's bottom is .55, if breaks it ghas a good chance
[13:00] {bruce} I like gpro lower - closer to .20 dino - don't trust these breaks lately
[13:03] {Threei} what I would really get excited about is market jump shaking shorters out and taking QID back to about 51.20,
[13:03] {Threei} then bear closing the trap by sharp drop and new lows
[13:04] {Threei} needless to say, if I get QID long there, it will be doble lot
[13:04] {Threei} one for scalping, one for attempt to get real move
[13:05] {curtisweese} what are you doing with qid? long right if it breaks .83? confused I am
[13:05] {Threei} this I am hesitant to do
[13:05] {dino} out imcl .84 +.12
[13:05] {Threei} these breaks end up with sharp pullbacks more often tythan not
[13:06] {Threei} and I have no tools to tell which one will finally work
[13:07] {Threei} but sharp pullbacks reach extreme, shake people out and then reverse and reach new extremes almost invariably
[13:07] {Threei} in that light I won't be surprized to see QID dropping to .50 now
[13:08] {curtisweese} sometimes i feel there is only one guy trading against me millions of shares to trick me and take my money even with huge volume stocks....lol
[13:09] {bruce} drys dino -
[13:10] {dino} toughy
[13:14] {Threei} how about that?
[13:15] {Threei} see why I avoid breaks?
[13:17] {dino} gpro stop to .84
[13:18] {bruce} nice one - worked well for you dino
[13:18] {dino} ty lucky
[13:23] {dino} out gpro .05, +.61
[13:24] {Threei} FED'S MISHKIN: FINANCIAL DISRUPTION POSES SUBSTANTIAL DOWNSIDE RISK TO GROWTH OUTLOOK; SHOULD TAKE BACK EASING ONCE RECOVERY IS ESTABLISHED
- Energy Prices, Falling Dollar Pose Inflation Risk, Any rise in price expectations will pose concern; "cannot be complacent" about price expectations
[13:24] {Threei} - must be ready to raise rates if sees significant rise in inflation expectations; Fed will act decisively to balance economic risks
[13:24] {Threei} - Notes Fed policy exhibited less gradualism, will continue to act 'decisively' on rates
[13:24] {dino} l cpla .04 ave
[13:26] {curtisweese} nvda....hmmmmm
[13:41] {dino} cpla not moving, stop to .94
[13:42] {magoo} vad, u like rimm or aapl for bounce scalps?
[13:43] {Threei} I'd rather look for short
[13:43] {Threei} these moves turn on a dime, and they already are quite a bit off the lows
[13:44] {Threei} here comes QID intro .50
[13:44] {dino} spwr l .32 sm wide
[13:45] {bruce} gpro spke dino
[13:46] {dino} y bummer
[13:47] {magoo} ike 51.20 long?
[13:47] {Threei} that would be ideal scenario
[13:48] {bruce} don't think there was any way to anticipate it dino
[13:49] {bruce} your exit was good - it made big drop before that spike
[13:51] {dino} yeah, i know was waiting at 50.50 for it
[13:53] {bruce} would have been grat second entry if it went that far
[13:54] {Threei} feels like one more spike in order before reversal back down
[13:55] {magoo} u got thge ball vad..make the call
[13:56] {Threei} short QID for a little scalp on first sign of NQ strength
[13:57] {Threei} wait with long till one more relenteless squeeze
[13:59] {lumdus} common yhoo i am waiting already 3 hours. damm !
[13:59] {lumdus} stop on yhoo 29.64
[14:02] {lumdus} l adm 43.92 stop 43.80
[14:03] {magoo} looks like rolling now..but could be fake
[14:03] {Threei} seems a bit too early to roll... hasn't killed all premature shorters yet
[14:16] {Threei} in hidnsight going long off .40 would have worked...
[14:16] {Threei} I need hindsight broker
[14:16] {lumdus} yhoo stop 29.61
[14:16] {Chaeron} they're pricey
[14:17] {lumdus} out adm - .13
[14:18] {curtisweese} now is it time to buy or is the market going to keep dropping now... grrrr
[14:21] * Threei slaps Laserdave1 around a bit with a large trout
[14:21] * Chaeron slaps Laserdave1 around a bit with a large trout
[14:22] {Threei} where is that "Buy based on tomorrow's WSJ" button I requested years ago?
[14:24] {magoo} u need the oms module vad
[14:27] {bruce} asia dino
[14:30] {dino} wmar
[14:30] {dino} asia
[14:32] {lumdus} short rimm 93.97 stop 94.24
[14:33] {lumdus} stop on rimm 94.19
[14:34] {lumdus} stop on rimm 94.13 mabye some damm follow thru today who knos
[14:37] {lumdus} common rimm . you know how to die
[14:37] {lumdus} stop on rimm 94.03
[14:38] {dino} out spwr .42, +.10
[14:38] {bruce} pcln finally losing steam dino?
[14:40] {dino} dk at hod
[14:41] {lumdus} rimm crap.. should have grabbed it
[14:47] {dino} gpro oh mannnnn
[14:48] {bruce} gpro starting to look overbought dino
[14:50] {dino} was 55-56 yesterday
[14:50] {bruce} yers - just thinking of this price spike
[14:51] {dino} i was too until i pulled 5 day
[14:51] {bruce} short asia here dino?
[14:52] {dino} feels pretty strong bruce, if mkt turns up it may rock
[14:53] {dino} altho break of .00, w/stop hod
[14:54] {bruce} s asia 12.10
[14:55] {dino} nice entry
[14:55] {Threei} PRST SEC ISSUES FORMAL INVESTIGATIVE ORDER
[14:55] {bruce} exited asia - quick scalp +.20
[14:56] {Threei} nice one bruce
[14:56] {dino} wtg
[14:56] {bruce} thanx vad- probably out too early
[14:57] {dino} gpro spikes again
[15:00] {bruce} was thinking of scalp in gpro - short at 55 - didn't quite hit
[15:02] {dino} cpla stop to .13 whooo hoooo
[15:02] {dino} back in 10
[15:02] {magoo} last hour..wake up vad
[15:02] {magoo} find us 2 nice trades
[15:02] {magoo} short..long..i care not
[15:02] {Threei} ASIA deserves another short at .80 break
[15:02] {Threei} seems to have a lot more of downside
[15:03] {bruce} was just thinking that vad
[15:11] {lumdus} slm looking good .break of 22.00 and i am in long
[15:13] {lumdus} in slm 22.01 stop
[15:13] {lumdus} 21.89
[15:13] {dptl} asia 12 stop?
[15:13] {dino} cpla stop to .34
[15:13] {magoo} heres spikaroo vad
[15:13] {Threei} above 12
[15:13] {lumdus} .07 trail stop on slm .. not losing this
[15:14] {magoo} i looking at vads qid long call
[15:14] {dino} out cpla .31, +.27
[15:16] {lumdus} stop on slm 22.08 .. had enough jumping around on me
[15:17] {magoo} HOLY CRASP VAD
[15:17] {magoo} we gonna see .20
[15:17] {Threei} looks like, lol
[15:18] {bruce} s asia .91
[15:18] {magoo} let me know if u go..and price u get
[15:18] {dptl} what are you talking about?
[15:19] {dino} nice
[15:19] {dino} bruce
[15:19] {bruce} out asia .20 again
[15:20] {lumdus} out slm 22.08 + .07
[15:20] {dino} ehth s .02 stop .16
[15:20] {lumdus} today's style is grab the profit as soon you get it. don't wait for the big run.
[15:24] {lumdus} vad, look at bsc chart. I think it sums up the day. wacky !
[15:24] {Threei} well, it had news
[15:24] {Threei} and in overall wacky sector
[15:25] {magoo} its SCALP friday lum..vad and i put it out there before the bell
[15:26] {lumdus} yes, i saw vad and your comments out there. I just didn't listen good enough today.
[15:26] {lumdus} rimm was an easy +.25 and slm +.30 .. but .
[15:27] {lumdus} cmcsa looks interesting
[15:27] {magoo} well then...hear this .....................
[15:27] {magoo} bruce please.
[15:28] {bruce} whats up mags?
[15:28] {magoo} dcc
[15:29] {curtisweese} what is dcc?
[15:30] * bruce slaps lumdus around a bit with a large trout
[15:30] {Threei} SUES ST REGIS MOHAWK TRIBE - FILING
[15:30] {Threei} NYNY
[15:30] {bruce} jus fo0r fun lum
[15:30] {Threei} dunno why I post it
[15:30] {Threei} it's not like we can short the tribe
[15:30] {lumdus} in amzn 72.57 stop 72.37
[15:31] {magoo} rimm short loss .50 vad?
[15:32] {Threei} I have no idea
[15:32] {magoo} qid long vad?
[15:32] * Threei slaps magoo around a bit with a large trout
[15:32] {magoo} ty
[15:32] {Threei} aleways
[15:33] {magoo} ale-ways??as in friday brew?
[15:33] {Threei} gosh... if you guys all start drinking at certain time, how come noone told me
[15:33] {bruce} any read aci here vad - break or fake?
[15:34] {bruce} too - late - broke
[15:34] {Threei} upward is more like it
[15:34] {Threei} it pulls back into new support
[15:34] {Threei} still desrves a try
[15:35] {bruce} and theres the fake
[15:35] {Threei} perfect pullback for an entry with tight stop
[15:36] {magoo} what entry? ACI correct?
[15:36] {Threei} yes, dropped right into 49
[15:36] {magoo} toioo late here?
[15:36] {Threei} gosh
[15:37] {magoo} i kone
[15:37] {bruce} damn - bid 04 and didn't get filled
[15:37] {Threei} 20 cents higher, of course too late
[15:37] {magoo} kone=know
[15:38] {lumdus} stop on amzn 72.46 .. maybe i get a run her.
[15:38] {Threei} out ASIA .58
[15:38] {bruce} nice one vad
[15:39] {lumdus} amzn trail stop .05
[15:40] {lumdus} out amzn 72.75 + .18
[15:40] {lumdus} now watch it run magoo. i know .. it'll go up another 1.00
[15:41] {bruce} probably more lum
[15:41] {bruce} just to spite you
[15:42] {lumdus} yes, the one stock that i scalped and didn't let it run .. will run like hell
[15:42] {magoo} bird in hand lum
[15:44] {bruce} spwr short dino?
[15:47] {magoo} i just can't believe pushing up into long weekend..xcept if its short covering
[15:48] {magoo} qid 51.17 vad
[15:48] {Threei} yup... if you believe in any kind of drop, it's time
[15:49] {dino} ehth stopped -.13
[15:53] {Threei} ah come on market
[15:53] {Threei} no drop into close??
[15:53] {curtisweese} surging into close
[15:55] {lumdus} magoo, you see amzn.. i knew it
[15:56] {magoo} yeah
[15:56] {magoo} ididn't tell u to scalp it lol
[15:58] {magoo} gotta look at it like this lum...u made money..thats always good
[15:59] {lumdus} yeah, you right .+.18 is better then -.18
[16:00] {Threei} the wierdest close
[16:00] {Threei} OK guys, thank you all
[16:00] {Threei} have a good relaxing long weekend
[16:00] {Threei} next week is bull market
[16:00] {Threei} see you all on Tusday
[16:00] {dptl} have a good weekend all
[16:03] {dino} later all
[16:03] {magoo} ty vad
[16:03] {magoo} ty all
[16:03] {bruce} bye all

Session Time: Fri Feb 15 00:00:00 2008

[08:38] {Threei} *JAN IMPORT PRICE INDEX: M/M 1.7% V 0.5%E; Y/Y 13.7% V 12.7%E
- Prior m/m revised from 0.0% to -0.2%
[08:38] {Threei} - Prior y/y revised from 10.9% to 10.4%
[08:47] {cosmo} IDMI
[08:48] {cosmo} 3.25 hopm
[08:48] {Threei} the way it trades is puzzling
[08:48] {cosmo} hmm
[08:48] {Threei} it's like it has no input by normal trading whatsoever, fully controlled by a single entity
[08:48] {esemde} good morning......
[08:49] {Threei} ese :)
[08:49] {Threei} I don't think I've ever seen anything like this with decent volume
[08:49] {Threei} low volume pukers yes, they often trade in this mannere
[08:49] {cosmo} conspiracy?
[08:49] {Threei} ghost of JFK trades it?
[08:50] {cosmo} Jr. too
[08:52] {cosmo} BRCD tests at 7.3 ...just in case
[08:54] {magoo} morning
[08:54] {Threei} 02/14/08 05:03pm [BRCD] Guides Q2 EPS $0.13-0.15 v $0.14e, R $340-355M v $350Me - Conference Call
[08:54] {Threei} 02/14/08 04:05pm [BRCD] Reports Q1 $0.16 v $0.15e, R $348M v $352Memore
[08:54] {Threei} magoo :)
[08:59] {esemde} NAS futures seem to crawling off it's morning lows....maybe just maybe we can some kind of positive day after the feds Bernackers shot his mouth off about a crappy economy
[09:00] {esemde} don't know about you all but there is something dumb/stupid about this fed chairman....
[09:01] {Threei} and what about the one before him?? :)
[09:02] {esemde} he buggared up that major 2000 downturn.....
[09:02] {esemde} but....
[09:03] {Threei} I dunno... IMO, famous :who needs gold when we have greenspan" is one of the most cosly phrases in US history
[09:03] {esemde} he was more selective in how he broke the news to the market...selective is not the word i';m looking for thought
[09:03] {Threei} at par with "I want divorce"
[09:04] {Threei} well, he himself put it best anyone could
[09:04] {cosmo} i'd like to give them the benifit of the doubt... maybe this is a sign of brilliance
[09:04] {Threei} :if my speech is understood I am not doing my job well"
[09:04] {esemde} ha ha yuk yuk yuk
[09:05] {esemde} was drives me crazy is how all the fed governors seem to shoot there mouth off at random....shouldn't it come from just one person
[09:06] {cosmo} it may soon
[09:06] {Threei} PREVIEW: JAN INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION DUE OUT AT 9:15AMET
**consensus expectations:
[09:06] {Threei} - Jan Industrial Production: 0.1%e v prior 0.0%
[09:06] {Threei} - Jan Capacity Utilization: 81.3%e v prior 81.4%
[09:06] {Threei} IMO ese... it should be no one person... not two... just none
[09:06] {Threei} fed must be abolished
[09:07] {dptl} good morning all
[09:07] {Threei} dp :)
[09:07] {esemde} who would regulate the economy
[09:07] {esemde} dp
[09:07] {Threei} who said it needs to be regulated the way they do it
[09:08] {esemde} true ....whats your ideas
[09:08] {cosmo} maybe the US should have a prime minister
[09:08] {cosmo} nah... i dunno
[09:08] {Threei} a lot of studies show fed rate regulation never influenced inflation
[09:08] {Threei} staved off crisis or recession
[09:08] {esemde} you wouldn't want that cos....
[09:09] {cosmo} k
[09:09] {Threei} and if anything destabilized the weay things went
[09:09] {esemde} too many powers for canadian priminister without regulations
[09:09] {Threei} in particular, wasn't housing bubble directly created by feds action?
[09:09] {esemde} yes
[09:09] {cosmo} regulations are fleeting
[09:10] {esemde} not as much over=sight to the prime ministers office...thats the word i'm looking for
[09:10] {cosmo} ah... that's key
[09:11] {esemde} a la Brian Mulroney and the "AIR Bus" scandal here in the nineties
[09:12] {cosmo} UFO's do the oversight now i guess
[09:12] {cosmo} and ravens too
[09:13] {Threei} they tried their best with sponsorship scandla in Canada cos... didn't succeed either
[09:13] {esemde} Trudeau in the 60's with the war measures act.....we can become a police state instantly.....worse than the Soviet Union ever was
[09:13] {esemde} Not alot of people know that......
[09:13] {cosmo} then there was Tito...
[09:14] {esemde} it can be worse that that....
[09:15] {esemde} hopefully the democratic system here in Canada can withstand another unilateral declaration like that
[09:15] {Threei} *JAN INDUSTRIAL PRODUCTION: 0.1% V 0.1%E; CAPACITY UTILIZATION: 81.5% V 81.3%E
[09:15] {cosmo} BRCD
[09:15] {Threei} I think I'll change your mind about "worse than Soviet Union" ese, if tell you some things about how it used to be over there :)
[09:15] {cosmo} @7.30
[09:16] {esemde} we'll talk over another shis ka bob barbecue at your place some day
[09:16] {Threei} I am looking forward
[09:17] {cosmo} poor bob
[09:17] {Threei} rofl
[09:17] {esemde} with coffee thick enough and strong enough to be the foundation of your house
[09:17] {Threei} be back in 5
[09:17] {dino} gm all
[09:17] {Threei} dino :)
[09:17] {esemde} gm dino
[09:17] {Threei} yeah, you don't want to get in boxing match with that coffee
[09:20] {esemde} somebody answere me this....can the QID beused as a morning indicator like NAZ futures
[09:21] {esemde} or would the QQQQ be bettter
[09:22] {cosmo} hmmm
[09:22] {Threei} sure ese, just remember of opposite direction
[09:23] {esemde} i'm watching the nas100 futures climb and the QID decline
[09:23] {lumdus} good morning all
[09:23] {Threei} yup
[09:23] {Threei} lum :)
[09:23] {esemde} would it be more of a sentiment indicator than a real indicator
[09:23] {esemde} lum
[09:24] {Threei} not sure what you mean by that ese
[09:24] {esemde} well.....
[09:24] {Threei} NQ dowen 9.50 right now... it's real :)
[09:25] {esemde} QID is basically options contracts inn't it
[09:25] {esemde} or people going short....
[09:26] {cosmo} BRCD should hold 7.10 ... needs to hold 7.0 imho
[09:26] {esemde} hmmmmm...maybe i'm not sure what i'm asking
[09:26] {cosmo} hmmm
[09:26] {dino} emkr
[09:29] {Threei} EMKR PLACES 7.5M CONVERTIBLE UNITS AT $12.50/UNIT (12% OF MARKET CAP)-Private placement $94M of securities consisting, in the aggregate, of approximately 7.5M units of its common stock and warrants to purchase up to approximately 1.3M additional shares. The purchase price was $12.50 per unit. The warrants have a five-year term and an exercise price of $15.06 per share.
[09:30] {Threei} ETFC spike
[09:30] {Threei} don't see news
[09:31] {magoo} u watching nvda today for any recovery vad?
[09:31] {dino} head fake today
[09:31] {Threei} or for shorting... whatever shapes up :)
[09:31] {magoo} yep
[09:31] {Threei} reminder
[09:31] {Threei} Friday before long weekend
[09:31] {Threei} scalping is in order
[09:31] {magoo} scalp
[09:33] {Threei} watching IDMI for long on pullback
[09:33] {Threei} closer to 3.10
[09:35] {Threei} what pullback, wierdo asks
[09:35] {Roman}
21 JASO
[09:36] {esemde} yup doesn't want to pull back vad
[09:39] {Threei} CIEN half lot long 27.10 if stays above .95
[09:40] {Roman}
21 in JASO
[09:40] {Roman}
21 19.61 1/2
[09:40] {Roman}
21 1/3
[09:40] {lumdus} short leh 53.68 stop 53.77
[09:41] {dino} nvda
[09:42] {lumdus} out -.10 leh
[09:42] {magoo} u in CIEN vad?
[09:43] {Threei} it triggered, why wouldn't I be
[09:44] {Threei} stopped
[09:46] {magoo} me too
[09:47] {Threei} IDMI is cry-inducing
[09:47] {magoo} i know..feels like over 4
[09:48] {bruce} ehth dino
[09:48] {esemde} how bout this one EHTH...
[09:48] {Threei} 02/14/08 04:08pm [EHTH] Reports Q4 $0.14 v $0.13e, R $24.2M v $24.2Memore.. - Guides Q1 EPS $0.08-0.12 v $0.13e. - Guides FY08 R $114-117M v $115.6Me.
[09:51] {Threei} XMSR/SAIRI pair is climbing for some reason
[09:51] {Threei} SIRI
[09:53] {Roman}
21 out JASO -.11
[09:55] {dino} rads s sm .08, stop .33
[09:55] {Threei} *FEB PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 69.6 V 76.0E
[09:57] {Threei} Lowest reading since at least 1994 (limited by data)
[09:59] {bruce} pcln dino
[09:59] {Threei} NVDA on bounce watch
[10:02] {magoo} idmi bounce watch?
[10:02] {Threei} want NVDA lower I think, don't want to chase weak bounce
[10:02] {magoo} k
[10:02] {Threei} really can't tell IDMI
[10:06] {bruce} csgp dino
[10:08] {Threei} this is better entry level NVDA
[10:08] {Threei} stop under .50
[10:09] {dino} rads stopped -.25
[10:10] {bruce} s rads .20 stop .45
[10:10] {magoo} what entry u get nvda vad?
[10:10] {curtisweese} morning!
[10:10] {Threei} .61
[10:10] {Threei} curtis :)
[10:10] {bruce} csgp dino
[10:11] {magoo} .67 here
[10:11] {dptl} out+.10 nvda ty
[10:12] {dino} y bruce around 39.60s
[10:12] {magoo} a little high
[10:12] {dino} cgnx?
[10:12] {magoo} out flat
[10:12] {Threei} a bit mags, was available at .60 level for about a minute after my post
[10:13] {magoo} yeah, i missed
[10:13] {magoo} so out flkat
[10:13] {Threei} 08:36am [CGNX] Needham Raised CGNX to Strong Buy from Buy
[10:13] {lumdus} nvda, need to go now common run it
[10:13] {Threei} and earnings yesterday
[10:15] {bruce} stopped rads -.26
[10:16] {lumdus} nvda, looking to fail
[10:17] {Threei} it seems to restore its connection with overall market lum
[10:17] {Threei} not to full match but still
[10:17] {lumdus} yes, i am out -.03
[10:18] {bruce} I'd like to see cgnx higher dino - hasn't moved 2 bucks yet
[10:21] {bruce} ammd on radar dino
[10:22] {Chaeron} gm all
[10:23] {Threei} chaeron :)
[10:23] {magoo} chaer: )
[10:23] {curtisweese} out on NVDA short $.18 thanks lumdus.....just had time to see your comment and enter at right point!
[10:24] {dino} cgnx +3.60
[10:24] {lumdus} curtis my stop is .53 now
[10:25] {lumdus} but if you get .10 in this market i take it and run. nothing going on realy
[10:26] {curtisweese} dino, did you tell me about tradelog.com? that was a shipping company i think...wrong url?
[10:26] {bruce} k dino _ I wasn't including gap - just days actin - 17.20 to 19.20 now
[10:27] {dino} ok
[10:28] {dino} ilmn
[10:28] {magoo} cgnx animal
[10:29] {lumdus} watching abt
[10:29] {lumdus} long
[10:29] {bruce} prob. a relation of yours mags
[10:30] {lumdus} in abt 55.92 stop 55.79
[10:30] {lumdus} run abt run now ..
[10:31] {Threei} market is bipolar again or what
[10:31] {Threei} I don't see any significant news to cause this spike
[10:31] {magoo} tough
[10:32] {bruce} what you thinking ilmn dino - lots of volume now - closer to 74 for short?
[10:32] {Threei} if you watched NVDA with this NQ spike
[10:32] {Threei} nice juicy delay for entry
[10:33] {Threei} if NQ drops sharply, possible short scalp
[10:33] {Threei} but don't try to short it on any little NQ uptick
[10:33] {Threei} sorry downtick
[10:34] {magoo} maybe a qid long scalp too
[10:34] {lumdus} out abt -.11
[10:34] {Threei} watch for situation when NQ makes long red bar while NVDA stays up there for w while
[10:34] {curtisweese} what is NQ doing now? I need to pay to get that chart...darn :(
[10:34] {Threei} not what happened on this drop
[10:34] {Threei} use NDX or QQQ
[10:34] {Threei} QQQQ
[10:35] {magoo} i use qqqq, worx well
[10:35] {Threei} yeah, don't pay what you don't have to
[10:36] {bruce} dino - csgp may be worth try short about here now
[10:37] {dino} y
[10:43] {dino} ammd was the one
[10:44] {Threei} SDTH short half lot on .80 breakdown if stays under 13
[10:44] {lumdus} curtis dcc
[10:45] {magoo} i aggrssive
[10:45] {magoo} .83
[10:46] {dino} csgp s .98, stop hod
[10:48] {dino} jakk
[10:49] {dino} cenx
[10:50] {Threei} SDTH has this "ready to drop" look
[10:50] {bruce} cenx dino
[10:51] {dino} where
[10:52] {dino} .50 break
[10:52] {bruce} was thinking 61,75 if it gets back there with 62 stop
[10:53] {dino} its there
[10:53] {bruce} nope too much green for moment
[10:53] {dino} jakk s .00
[10:53] {dino} stop hod
[10:53] {bruce} s at.93 w 30c stop
[10:54] {bruce} in
[10:54] {magoo} everything falling BURT SDTH
[10:59] {magoo} not complaing, i went in early..but wierd
[10:59] {magoo} like vad said..looked prime to drop
[11:00] {Threei} valid as long as stays under 13
[11:02] {Threei} NVDA is long .30 or short .20
[11:02] {Threei} whichever comes first and whatever market direction supports
[11:03] {magoo} just give me the winner lol
[11:03] * Threei hands magoo a winner
[11:03] {bruce} atopped cenx -.25
[11:03] {lumdus} haa haa magoo
[11:06] {lumdus} vad, iyr, i was looking short 62.35 but since had been red candel for volume i figured not so good. that make sense ?
[11:07] {lumdus} short yhoo 29.71
[11:07] {lumdus} stop 29.81
[11:07] {Threei} yeah, need some consolidation to form range for break
[11:07] {lumdus} ok than you
[11:08] {lumdus} amzn looks like a nice short also
[11:09] {dino} gpro
[11:11] {dptl} so .30 stop on nvda?
[11:12] {Threei} yup
[11:12] {magoo} aapl bounce vad w/naz help?
[11:13] {Threei} close to .50 sure
[11:13] {Threei} very tight stop
[11:14] {dino} \gpro l sm .75
[11:14] {dptl} stopped nvda
[11:14] {Threei} psycho market
[11:14] {lumdus} double psycho
[11:15] {lumdus} my yhoo short didn't stop me out yet. maybe i can make this one work
[11:15] {dino} csgp stopped .21, -.23
[11:17] {lumdus} die yahoo die .. now
[11:17] {bruce} cenx looking weaker now dino
[11:19] {dino} missed
[11:20] {lumdus} stop on yhoo 29.73
[11:24] {lumdus} btu might fall also
[11:24] {dino} gpro stop to .10
[11:25] {curtisweese} NVDA short coming at 22.11 or so (market dependant) at least it lookss like it to me!
[11:25] {dino} out +.35
[11:27] {curtisweese} out NVDA short +$.04 only....partial fill so i bailed
[11:28] {lumdus} ccu rocking
[11:28] {bruce} qcom looks short
[11:28] {Threei} scanner slowed down to a crawl
[11:29] {curtisweese} slowin down before midday friday rally?
[11:29] {lumdus} vad, it gave us ccu which is good. maybe even another .10 on it.
[11:30] {dino} xnpt
[11:30] {Chaeron} spar
[11:30] {Threei} SPAR RECEIVES $133.8 MILLION ORDER FROM BAE SYSTEMS FOR PRODUCTION OF MRAP VEHICLES
[11:31] {Chaeron} thanks :)
[11:32] {lumdus} ok, done with ccu here .84 out
[11:33] {lumdus} lunch time, watch yhoo make sure it stays below .73 untill i finish eating
[11:41] {dino} sm l iclr, thin, wide
[11:42] {dino} .62
[11:43] {dino} sm l xnpt .00
[11:44] {magoo} die SDTH DDDDDDDDDDDDDDDDDDDDDDDDDDIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
[11:44] {Threei} I am garanteed to stutter for life
[11:45] {magoo} what u think vad?cut it or lety it trade
[11:46] {Threei} it works... slowly but hasn't violated any of setup landmarks so far
[11:46] {Threei} I am letting it trade
[11:46] {magoo} how many u get?
[11:47] {magoo} i 700 sh
[11:47] {Threei} I take the fifth
[11:47] {magoo} you'll take more than that
[11:47] * magoo slaps Threei around a bit with a large trout
[11:47] {dino} jakk won't move bstop to .04
[11:48] {Threei} fifth AND fresh fish?
[11:48] {Threei} how lucky am I
[11:51] {Threei} trailing my stop to .91
[11:51] {dino} jakk stopped
[11:52] {Threei} MULTIPLE EXPLOSIONS REPORTED ON A TEXAS GAS PIPELINE; FIRE DEPT. WAITING FOR GAS COMPANY TO SHUT THE LINE
[11:55] {dino} good idea
[11:55] {Threei} lol
[11:55] {patience} where is red adair when you need him
[11:56] {Threei} I am going for a smoke SDTH... when I am back, I want to see you at 12
[12:02] {Threei} sigh... stupid thing
[12:03] {curtisweese} market going up now looks like
[12:03] {curtisweese} or not lol
[12:03] {dptl} ceco?
[12:05] {Threei} chart looks right for a little breakout scalp... question is, how easy you feel about buying breaks today
[12:06] {dptl} ye you right.....wierd day
[12:06] {Threei} that's better SDTH
[12:07] {dino} imcl pretty good drop
[12:08] {Threei} you have 1:1 mags
[12:10] {dino} iclr stop to .20
[12:14] {Threei} now I do too
[12:14] {dino} out iclr +.40
[12:14] {dino} opps +.50
[12:14] {Threei} nice one dino
[12:14] {Threei} out some SDTH +.23
[12:15] {dino} ty
[12:15] {dino} gj
[12:15] {Threei} slooooow
[12:15] {Threei} but heck... I am slow
[12:16] {Threei} and stuttering, courtesy of magoo
[12:18] {dino} you want slow, take magoo golfing
[12:18] {esemde} have a great long weekend....everyone....was on the phone to Belgium and Denmark most of the morning so didn't much of a chance to participate...take care
[12:18] {dino} imcl l .72 stop lod
[12:18] {dino} cya es
[12:19] {Threei} take care ese, have a good weekend
[12:22] {magoo} was waiting .56 and no fill
[12:23] {dino} xnpt stopped
[12:23] {magoo} ok, filled out .61, TY vad
[12:23] {Threei} welcome sir
[12:23] {Threei} I am out in full too
[12:24] {magoo} wow, good lasr fill..look now
[12:24] {Threei} yep, good intuition
[12:35] {Threei} bear is growling
[12:38] {dino} fslr
[12:41] {bruce} gifi dino
[12:44] {bruce} also aci dino
[12:45] {bruce} l aci .22
[12:46] {bruce} stop .05
[12:49] {bruce} out aci quick scwlp +.37
[12:52] {dino} gpro l .44 stop .17
[12:52] {Threei} I want to short this market badl;y
[12:52] {Threei} but these spikes out of order make entry tough
[12:53] {lumdus} oh good yhoo didn't stop me out yet.
[12:53] {lumdus} new stop on yhoo short 29.68
[12:54] {Threei} magoo
[12:54] {Threei} you feel OK?
[12:55] * magoo slaps Laserdave1 around a bit with a large trout
[12:55] {Threei} there
[12:55] {magoo} ty
[12:55] {Threei} :)
[12:55] * Laserdave1 slaps magoo around a bit with a large trout
[12:55] * Laserdave1 slaps Threei around a bit with a large trout
[12:55] {Threei} hmmm
[12:55] {Threei} what did I do?
[12:56] {Laserdave1} absoutly nothing
[12:56] {Laserdave1} but its Friday
[12:56] {Threei} oh great
[12:56] {Laserdave1} and I felt like sharing
[12:56] {Threei} logic is "if you did do something I would kill you'?
[12:56] {lumdus} yhoo double top. i think it's going to fall
[12:56] {Laserdave1} that makes sense
[12:56] {Threei} better yet lum,
[12:57] {Threei} it formed C&H and didn't break
[12:57] {Threei} on 1 min
[12:57] {Threei} handle's bottom is .55, if breaks it ghas a good chance
[13:00] {bruce} I like gpro lower - closer to .20 dino - don't trust these breaks lately
[13:03] {Threei} what I would really get excited about is market jump shaking shorters out and taking QID back to about 51.20,
[13:03] {Threei} then bear closing the trap by sharp drop and new lows
[13:04] {Threei} needless to say, if I get QID long there, it will be doble lot
[13:04] {Threei} one for scalping, one for attempt to get real move
[13:05] {curtisweese} what are you doing with qid? long right if it breaks .83? confused I am
[13:05] {Threei} this I am hesitant to do
[13:05] {dino} out imcl .84 +.12
[13:05] {Threei} these breaks end up with sharp pullbacks more often tythan not
[13:06] {Threei} and I have no tools to tell which one will finally work
[13:07] {Threei} but sharp pullbacks reach extreme, shake people out and then reverse and reach new extremes almost invariably
[13:07] {Threei} in that light I won't be surprized to see QID dropping to .50 now
[13:08] {curtisweese} sometimes i feel there is only one guy trading against me millions of shares to trick me and take my money even with huge volume stocks....lol
[13:09] {bruce} drys dino -
[13:10] {dino} toughy
[13:14] {Threei} how about that?
[13:15] {Threei} see why I avoid breaks?
[13:17] {dino} gpro stop to .84
[13:18] {bruce} nice one - worked well for you dino
[13:18] {dino} ty lucky
[13:23] {dino} out gpro .05, +.61
[13:24] {Threei} FED'S MISHKIN: FINANCIAL DISRUPTION POSES SUBSTANTIAL DOWNSIDE RISK TO GROWTH OUTLOOK; SHOULD TAKE BACK EASING ONCE RECOVERY IS ESTABLISHED
- Energy Prices, Falling Dollar Pose Inflation Risk, Any rise in price expectations will pose concern; "cannot be complacent" about price expectations
[13:24] {Threei} - must be ready to raise rates if sees significant rise in inflation expectations; Fed will act decisively to balance economic risks
[13:24] {Threei} - Notes Fed policy exhibited less gradualism, will continue to act 'decisively' on rates
[13:24] {dino} l cpla .04 ave
[13:26] {curtisweese} nvda....hmmmmm
[13:41] {dino} cpla not moving, stop to .94
[13:42] {magoo} vad, u like rimm or aapl for bounce scalps?
[13:43] {Threei} I'd rather look for short
[13:43] {Threei} these moves turn on a dime, and they already are quite a bit off the lows
[13:44] {Threei} here comes QID intro .50
[13:44] {dino} spwr l .32 sm wide
[13:45] {bruce} gpro spke dino
[13:46] {dino} y bummer
[13:47] {magoo} ike 51.20 long?
[13:47] {Threei} that would be ideal scenario
[13:48] {bruce} don't think there was any way to anticipate it dino
[13:49] {bruce} your exit was good - it made big drop before that spike
[13:51] {dino} yeah, i know was waiting at 50.50 for it
[13:53] {bruce} would have been grat second entry if it went that far
[13:54] {Threei} feels like one more spike in order before reversal back down
[13:55] {magoo} u got thge ball vad..make the call
[13:56] {Threei} short QID for a little scalp on first sign of NQ strength
[13:57] {Threei} wait with long till one more relenteless squeeze
[13:59] {lumdus} common yhoo i am waiting already 3 hours. damm !
[13:59] {lumdus} stop on yhoo 29.64
[14:02] {lumdus} l adm 43.92 stop 43.80
[14:03] {magoo} looks like rolling now..but could be fake
[14:03] {Threei} seems a bit too early to roll... hasn't killed all premature shorters yet
[14:16] {Threei} in hidnsight going long off .40 would have worked...
[14:16] {Threei} I need hindsight broker
[14:16] {lumdus} yhoo stop 29.61
[14:16] {Chaeron} they're pricey
[14:17] {lumdus} out adm - .13
[14:18] {curtisweese} now is it time to buy or is the market going to keep dropping now... grrrr
[14:21] * Threei slaps Laserdave1 around a bit with a large trout
[14:21] * Chaeron slaps Laserdave1 around a bit with a large trout
[14:22] {Threei} where is that "Buy based on tomorrow's WSJ" button I requested years ago?
[14:24] {magoo} u need the oms module vad
[14:27] {bruce} asia dino
[14:30] {dino} wmar
[14:30] {dino} asia
[14:32] {lumdus} short rimm 93.97 stop 94.24
[14:33] {lumdus} stop on rimm 94.19
[14:34] {lumdus} stop on rimm 94.13 mabye some damm follow thru today who knos
[14:37] {lumdus} common rimm . you know how to die
[14:37] {lumdus} stop on rimm 94.03
[14:38] {dino} out spwr .42, +.10
[14:38] {bruce} pcln finally losing steam dino?
[14:40] {dino} dk at hod
[14:41] {lumdus} rimm crap.. should have grabbed it
[14:47] {dino} gpro oh mannnnn
[14:48] {bruce} gpro starting to look overbought dino
[14:50] {dino} was 55-56 yesterday
[14:50] {bruce} yers - just thinking of this price spike
[14:51] {dino} i was too until i pulled 5 day
[14:51] {bruce} short asia here dino?
[14:52] {dino} feels pretty strong bruce, if mkt turns up it may rock
[14:53] {dino} altho break of .00, w/stop hod
[14:54] {bruce} s asia 12.10
[14:55] {dino} nice entry
[14:55] {Threei} PRST SEC ISSUES FORMAL INVESTIGATIVE ORDER
[14:55] {bruce} exited asia - quick scalp +.20
[14:56] {Threei} nice one bruce
[14:56] {dino} wtg
[14:56] {bruce} thanx vad- probably out too early
[14:57] {dino} gpro spikes again
[15:00] {bruce} was thinking of scalp in gpro - short at 55 - didn't quite hit
[15:02] {dino} cpla stop to .13 whooo hoooo
[15:02] {dino} back in 10
[15:02] {magoo} last hour..wake up vad
[15:02] {magoo} find us 2 nice trades
[15:02] {magoo} short..long..i care not
[15:02] {Threei} ASIA deserves another short at .80 break
[15:02] {Threei} seems to have a lot more of downside
[15:03] {bruce} was just thinking that vad
[15:11] {lumdus} slm looking good .break of 22.00 and i am in long
[15:13] {lumdus} in slm 22.01 stop
[15:13] {lumdus} 21.89
[15:13] {dptl} asia 12 stop?
[15:13] {dino} cpla stop to .34
[15:13] {magoo} heres spikaroo vad
[15:13] {Threei} above 12
[15:13] {lumdus} .07 trail stop on slm .. not losing this
[15:14] {magoo} i looking at vads qid long call
[15:14] {dino} out cpla .31, +.27
[15:16] {lumdus} stop on slm 22.08 .. had enough jumping around on me
[15:17] {magoo} HOLY CRASP VAD
[15:17] {magoo} we gonna see .20
[15:17] {Threei} looks like, lol
[15:18] {bruce} s asia .91
[15:18] {magoo} let me know if u go..and price u get
[15:18] {dptl} what are you talking about?
[15:19] {dino} nice
[15:19] {dino} bruce
[15:19] {bruce} out asia .20 again
[15:20] {lumdus} out slm 22.08 + .07
[15:20] {dino} ehth s .02 stop .16
[15:20] {lumdus} today's style is grab the profit as soon you get it. don't wait for the big run.
[15:24] {lumdus} vad, look at bsc chart. I think it sums up the day. wacky !
[15:24] {Threei} well, it had news
[15:24] {Threei} and in overall wacky sector
[15:25] {magoo} its SCALP friday lum..vad and i put it out there before the bell
[15:26] {lumdus} yes, i saw vad and your comments out there. I just didn't listen good enough today.
[15:26] {lumdus} rimm was an easy +.25 and slm +.30 .. but .
[15:27] {lumdus} cmcsa looks interesting
[15:27] {magoo} well then...hear this .....................
[15:27] {magoo} bruce please.
[15:28] {bruce} whats up mags?
[15:28] {magoo} dcc
[15:29] {curtisweese} what is dcc?
[15:30] * bruce slaps lumdus around a bit with a large trout
[15:30] {Threei} SUES ST REGIS MOHAWK TRIBE - FILING
[15:30] {Threei} NYNY
[15:30] {bruce} jus fo0r fun lum
[15:30] {Threei} dunno why I post it
[15:30] {Threei} it's not like we can short the tribe
[15:30] {lumdus} in amzn 72.57 stop 72.37
[15:31] {magoo} rimm short loss .50 vad?
[15:32] {Threei} I have no idea
[15:32] {magoo} qid long vad?
[15:32] * Threei slaps magoo around a bit with a large trout
[15:32] {magoo} ty
[15:32] {Threei} aleways
[15:33] {magoo} ale-ways??as in friday brew?
[15:33] {Threei} gosh... if you guys all start drinking at certain time, how come noone told me
[15:33] {bruce} any read aci here vad - break or fake?
[15:34] {bruce} too - late - broke
[15:34] {Threei} upward is more like it
[15:34] {Threei} it pulls back into new support
[15:34] {Threei} still desrves a try
[15:35] {bruce} and theres the fake
[15:35] {Threei} perfect pullback for an entry with tight stop
[15:36] {magoo} what entry? ACI correct?
[15:36] {Threei} yes, dropped right into 49
[15:36] {magoo} toioo late here?
[15:36] {Threei} gosh
[15:37] {magoo} i kone
[15:37] {bruce} damn - bid 04 and didn't get filled
[15:37] {Threei} 20 cents higher, of course too late
[15:37] {magoo} kone=know
[15:38] {lumdus} stop on amzn 72.46 .. maybe i get a run her.
[15:38] {Threei} out ASIA .58
[15:38] {bruce} nice one vad
[15:39] {lumdus} amzn trail stop .05
[15:40] {lumdus} out amzn 72.75 + .18
[15:40] {lumdus} now watch it run magoo. i know .. it'll go up another 1.00
[15:41] {bruce} probably more lum
[15:41] {bruce} just to spite you
[15:42] {lumdus} yes, the one stock that i scalped and didn't let it run .. will run like hell
[15:42] {magoo} bird in hand lum
[15:44] {bruce} spwr short dino?
[15:47] {magoo} i just can't believe pushing up into long weekend..xcept if its short covering
[15:48] {magoo} qid 51.17 vad
[15:48] {Threei} yup... if you believe in any kind of drop, it's time
[15:49] {dino} ehth stopped -.13
[15:53] {Threei} ah come on market
[15:53] {Threei} no drop into close??
[15:53] {curtisweese} surging into close
[15:55] {lumdus} magoo, you see amzn.. i knew it
[15:56] {magoo} yeah
[15:56] {magoo} ididn't tell u to scalp it lol
[15:58] {magoo} gotta look at it like this lum...u made money..thats always good
[15:59] {lumdus} yeah, you right .+.18 is better then -.18
[16:00] {Threei} the wierdest close
[16:00] {Threei} OK guys, thank you all
[16:00] {Threei} have a good relaxing long weekend
[16:00] {Threei} next week is bull market
[16:00] {Threei} see you all on Tusday
[16:00] {dptl} have a good weekend all
[16:03] {dino} later all
[16:03] {magoo} ty vad
[16:03] {magoo} ty all
[16:03] {bruce} bye all

Thursday, February 14, 2008

February 14 2008

Session Time: Thu Feb 14 00:00:00 2008

[08:10] {Threei} DNDN
[08:10] {Threei} PRESENTS DATA CORRELATING THE POTENCY OF PROVENGE TO OVERALL SURVIVAL
- Company has presented data demonstrating a correlation between the cumulative potency of PROVENGE (sipuleucel-T), an investigational active cellular immunotherapy for hormone-refractory prostate cancer, with overall survival.
[08:10] {Threei} - This is the first time that an association between higher potency of an active immune therapy and increased patient survival has been reported. The correlation appeared to be independent of other important base
[08:10] {Threei} saga continues
[08:17] {Threei} [TASR] Taser International Inc Reports Q4 $0.07 v $0.07e; R $31M v $29.1Me
[08:17] {Threei} - Q4 Revenue was the highest quarterly revenue in the Company's history and a 61% increase y/y.
[08:29] {Threei} HEZBOLLAH CHIEF: SAYS IF ISRAEL WANTS OPEN WAT SO BE IT AFTER MOUGHNIYAH KILLING
[08:29] {Threei} great
[08:30] {cosmo} wat?
[08:30] {Threei} war I guess
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 348K V 347KE; CONTINUING CLAIMS: M V 2.759M
[08:30] {Threei} CONTINUING CLAIMS: 2.761M V 2.759M
[08:30] {Threei} *DEC TRADE BALANCE: -$58.8B V -$61.5BE
[08:31] {hawkfan4} wat, what is it good for? absolutely nothin
[08:31] {Threei} so ttue
[08:31] {Threei} *(CA) DEC INTERNATIONAL MERCHANDISE TRADE: C$2.35 V C$3.4B
[08:38] {cosmo} SUTR
[08:38] {cosmo} beats i guess
[08:43] {dino} gm all
[08:43] {dptl} good morning all
[08:43] {Threei} dino, dp :)
[08:44] {dino} you guys seems to be stuttering today
[08:44] {dino} wat, ttrue, etc
[08:44] {Threei} ttoday?
[08:44] {dino} lol
[08:45] {Threei} :)
[08:45] {cosmo} no, no
[08:46] {dino} mgic complaining about short sellers, classic
[08:46] {Threei} yeah, it was old and tired even when OSTK did that
[08:47] {dino} enron too
[08:49] {cosmo} dndn not done
[08:50] {Threei} I can't bring myself to buy it
[08:50] {cosmo} ah... that must be the key .. hehe
[08:50] {Threei} it tried to rally and failed more times than global warming failed to warm up canadian winters
[08:52] {cosmo} 6.40 test
[09:01] {cosmo} 6.40 support
[09:07] {cosmo} MDRX misses est
[09:10] {curtisweese} i thought NVDA would be up today....hmmmm
[09:11] {Threei} it guided lower sales
[09:11] {Threei} got upgrade yesterday, two downgrades today
[09:12] {curtisweese} oh, didn't look at the downgrades today
[09:14] {Threei} BIDU reaction is confusing
[09:15] {Threei} here is what throws me off here
[09:16] {Threei} its report gave reasons for both up and down moves depending on market mood
[09:16] {Threei} kind of:
[09:16] {Threei} bull market will ignore bad part and cherry pick good parts as justification for upward
[09:16] {Threei} bear will do the opposite
[09:17] {Threei} BIDU gave lower guidance which is hard to swallow even for bull market
[09:17] {Threei} and I don't believe we are in bull phase in a big picture
[09:17] {Threei} yet it reacted positively
[09:17] {curtisweese} you shorting it then ? that's a huge spike
[09:18] {Threei} I don't normally trade BIDU,
[09:18] {Threei} rather trying to watch this event to gauge what's happening
[09:19] {Threei} even less I am inclined to trade off my thoughts vs price action
[09:19] {Threei} "trade what you see, not what you think"
[09:20] {esemde} morning....
[09:21] {Threei} ese :)
[09:22] {Threei} if you try to trade off your idea of what "should" happen,
[09:22] {curtisweese} then i have no money
[09:22] {Threei} you short BIDU seeing lower guidance,
[09:23] {Threei} next thing you know:
[09:23] {dino} back in 20
[09:23] {Threei} it jumps up and kills you
[09:23] {Threei} just realize that this is the way majority acts in stock market
[09:24] {Threei} news, reports, all this noise is the reason to look,
[09:24] {Threei} price action is the reason to enter
[09:25] {Threei} price action overrides everything else
[09:25] {curtisweese} what we looking at this morning? let me guess......RIMM? heheh
[09:25] {Threei} well, here is what I am going to do
[09:26] {Threei} since market action is drastically different from my view
[09:26] {Threei} I am going to sit out the opening and see if something shapes up that I could read
[09:27] {curtisweese} i need my girlfriend to wake up and start some coffee......zzzzzzz
[09:27] {Threei} I just use programmable coffeemaker :)
[09:28] {curtisweese} she is hard to program, but makes good coffee
[09:28] {Threei} lol
[09:28] {curtisweese} i think nvda is going to pop......i'm going to watch it (just for fun)
[09:28] {curtisweese} 26.40 now
[09:29] {curtisweese} err .35
[09:29] {curtisweese} uh oh.....going down! lol...
[09:29] {esemde} ha ha ha ha.....if I say that to my wife we will get divorced there curtis....
[09:29] {Threei} chart is breakdownish
[09:29] {curtisweese} 25.10 is support?
[09:31] {curtisweese} man you weren't kidding
[09:32] {Threei} if bottom fishing on it is your idea, this is a spot for a first try
[09:32] {Threei} be very careful, keep stop religiously
[09:33] {curtisweese} too risky for me ....that has dropped 10% in 3 minutes
[09:33] {Threei} NQ is weak still
[09:33] {Threei} BIDU is off by 10 points
[09:33] {Threei} this action is more to my understanding
[09:35] {cosmo} AMKR
[09:35] {cosmo} firm
[09:35] {cosmo} i think
[09:36] {esemde} bstop DNDN 6.31...
[09:38] {esemde} long DNDN .25
[09:40] {curtisweese} nvda jeez NVDA is getting pounded
[09:44] {Threei} one more sharp leg down, and I will be interested in NVDA bounce myself
[09:44] {Threei} 23.5 or so
[09:44] {curtisweese} that's the next support level it looks like
[09:45] {esemde} out DNDN ..50 +25 1:1
[09:45] {dino} mu s .18, stop .48
[09:45] {Threei} good one ese
[09:45] {esemde} tks ....
[09:47] {esemde} that higher low price at 6.20 looked strong so....i went for it
[09:47] {curtisweese} bidu raises to outperform
[09:48] {dptl} ebay?
[09:48] {magoo} hey, morning
[09:49] {magoo} running late
[09:49] {Threei} mags :)
[09:49] {curtisweese} man NVDA is getting close to 23.50......hmmmm
[09:49] {Threei} EBAY is .25 long
[09:49] {Threei} if stays above .15
[09:49] {dptl} ok
[09:50] {Threei} come on NVDA sell more
[09:50] {Threei} if it formeds bottom, I will miss it
[09:51] {Threei} will rather look for it to shape up some consolidation, then breakout
[09:51] {Threei} EBAY over 1:1, take half
[09:51] {Threei} IMO
[09:51] {Threei} scalpers will ingore it of course and take full profit
[09:52] {dptl} out+.12
[09:52] {Threei} but it really feels to me capable of more
[09:52] {Threei} good find dp
[09:52] {Threei} clean setup
[09:52] {dptl} ty
[09:52] {Threei} low risk
[09:52] {magoo} is that comment directed at magoo lol
[09:52] {Threei} quick profit
[09:52] {Threei} was it deriding comment mags? :)
[09:53] {magoo} nope, all good
[09:54] {curtisweese} die NVDA, so I can buy you
[09:54] {dino} rurl
[09:55] {magoo} out ebay .42
[09:55] {magoo} TY boss
[09:55] {magoo} easy button
[09:55] {Threei} welcome kind sir
[09:55] {dino} rurl sm s .00, stop .41
[09:55] {curtisweese} NVDA is thinking about leaving without me :(
[09:56] {Threei} let it be for now curtis
[09:56] {Threei} it's just unclear
[09:56] {dino} faro
[09:56] {Threei} no need to fight every battle
[09:57] {Threei} fight those where you can see clearly you have a great chance of winning and if losing - losing little
[09:57] {Threei} this is not one of them at this point
[09:58] {dptl} hgsi?
[09:58] {cosmo} AMKR
[09:58] {cosmo} 11 test
[09:58] {Threei} HGSI is slow and narrow
[09:59] {dptl} ok
[09:59] {Threei} chjart looks right but only if you are willing to be a hostage for a while
[10:02] {Threei} FED'S BERNANKE: FED WILL ACT IN TIMELY MANNER TO HELP GROWTH, GROWTH TO IMPROVE LATER THIS YEAR
- Job market and energy costs will hurt spending, banks becoming more restrictive in lending
[10:02] {Threei} - Policy moves dependent on medium term moves
[10:02] {Threei} - Notes Fiscal stimuls to support spending in 2H and 2009
[10:02] {Roman}
21 long AKNS
[10:03] {Roman}
21 8.03 small
[10:04] {Threei} CSIQ spikes
[10:05] {Threei} ASTI too
[10:05] {Threei} solars again eh
[10:05] {magoo} boy, they been tough lately thoiugh vad, solf
[10:05] {Threei} if AKNS breaks 8.10
[10:06] {Threei} not much between this and 8.50
[10:06] {esemde} FSLR up a meager 7pts
[10:06] {dino} now why ya gotta say that?
[10:07] {magoo} aaplsh vad?
[10:07] {dino} approaching lod's
[10:07] {Threei} sorry, no read on it
[10:08] {Threei} can go either way with same odds
[10:08] {magoo} ok, exact chart as naz though
[10:08] {magoo} so we will see
[10:09] {magoo} christ, RALLY MODE on screen
[10:09] {magoo} CNBC'
[10:09] {bruce} aqmkr long vad?
[10:09] {bruce} amkr
[10:10] {dino} volume off, radio on, cmt channel on
[10:10] {Threei} AMKR, two ways to deal with it
[10:11] {Threei} one is, 11.08 long if stays above 10.95
[10:11] {magoo} i only want the winning one vad lol
[10:11] {Threei} lol
[10:11] {Threei} another is, pullback into .80 area,
[10:11] {Threei} enter if forms support there
[10:11] {Threei} and forget it if goes as low as .70,
[10:12] {Threei} return to it if drops to or under .50 for bounce scalp
[10:12] {bruce} genz dino
[10:12] {curtisweese} after consolidation, the stock can still go up or down, eh? i wish i had a crystal ball!
[10:13] {Threei} sorry curtis, can't help you there - I sent mine for polishing yesterday
[10:14] {magoo} its avail short too vad
[10:14] {dino} easy button curtis, at staples
[10:15] {curtisweese} ok, i will try that
[10:15] {dino} faro s break of .25
[10:15] {dino} mu tighten bstop to .35
[10:16] {dino} only use it for good curtis
[10:16] {Threei} I wouldn't mags
[10:16] {Threei} I don't see it as short
[10:16] {esemde} thinking LONG SPAR 1/2 lot
[10:17] {Threei} btw Roman... thanks for AKNS, scalped it
[10:18] {dino} ok faro
[10:19] {curtisweese} NVDA dropping again ....below 24 now
[10:20] {dino} nvda bruce, give me a low
[10:20] {esemde} long SPAR .07
[10:22] {bruce} looks close to me now dino - thinking .75
[10:22] {curtisweese} long or for scalp?
[10:22] {dino} cov faro .75, +.50
[10:22] {curtisweese} nice!!!
[10:22] {dino} ty
[10:23] {Threei} drop already NVDA
[10:23] {dino} rurl anyone, on your own, my bstop .63
[10:24] {Threei} actually .79 is NVDA short trigger
[10:24] {Threei} if stays under 24
[10:24] {dino} i want .40
[10:24] {curtisweese} so short at .78? that's scary
[10:25] {Threei} if losing .80
[10:25] {Threei} 20 cents stop
[10:26] {dino} darn faro falls more
[10:26] {dino} what curt???/?
[10:26] {dino} dino is not a trend trader
[10:28] {Threei} out NVDA +.22
[10:28] {Threei} what;s so scary about profitable trade? :)
[10:28] {dino} :)
[10:29] {Threei} gosh, even covered too soon, lol
[10:29] {dino} i'll tell you scary, look at magoo
[10:29] {Threei} great... I just did... hands shaking now
[10:29] {dino} cov rurl .61,
[10:29] {dino} +.39
[10:30] {Threei} *EIA NATURAL GAS INVENTORIES: -120 BCF VS. EXPECTED RANGE OF -115 TO -120 BCF
[10:31] {dino} nvda l .66
[10:32] {dino} too soon
[10:32] {curtisweese} what do you mean by long dino? i always wonder
[10:32] {Threei} OK, this should be last leg of NVDA selling
[10:33] {curtisweese} i got in at 23.56 :(
[10:33] {Threei} in
[10:34] {Threei} .35 stop
[10:34] {cosmo} LVLT
[10:34] {esemde} seems to me that if AKNS can stay above the 8 level it could go along way..
[10:35] {Threei} [10:05] {Threei} if AKNS breaks 8.10
[10:35] {Threei} [10:06] {Threei} not much between this and 8.50
[10:35] {esemde} indeed
[10:35] {Threei} AMKR works
[10:35] {Threei} so far
[10:35] {dptl} out +.10 nvda ty
[10:35] {Threei} come on NVDA, show some charracter finally
[10:36] {Threei} welcome dp
[10:36] {Threei} I am trying to make it more than scalp
[10:36] {dino} need mkt help
[10:36] {dptl} greedy greedy:)
[10:36] {Threei} that's me
[10:38] {Threei} AMKR stop to .98
[10:38] {dino} cpla
[10:39] {curtisweese} If not a scalp, then what is your exit target'ish on NVDA?
[10:39] {curtisweese} about where I bought it at? LOL
[10:39] {dino} .96
[10:39] {Threei} don't have target, action will tell
[10:40] {Threei} I'd think closer to 24 is realistic
[10:40] {Threei} stop .35 still
[10:42] {Threei} finally .55 broken
[10:43] {magoo} in nvda btw from .39
[10:43] {Threei} .41 here
[10:43] {Chaeron} good morning gang
[10:43] {Threei} chaeron :)
[10:43] {bruce} genz still seling off dino
[10:43] {patience} morning chaeron :)
[10:44] {Threei} missed couple good ones
[10:44] {magoo} morn chaer:)
[10:44] {Chaeron} 3i, mags :) ... nice job on NVDA too :))
[10:44] {Threei} half out NVDA +.24
[10:44] {Threei} gotta control that risk
[10:44] {Threei} stop .39
[10:45] {Threei} maybe no need to trail it
[10:45] {Threei} 4 cents don't make much difference
[10:46] {Threei} just reflexes of a scalper, lol
[10:46] {magoo} oput .65 TY BOSS
[10:46] {Threei} welcome mags
[10:46] {dino} darn cpla missed it 3x's
[10:47] {Threei} magoo
[10:47] {Threei} one thing we couldn't do last couple days
[10:48] {Threei} and finally here is our chance
[10:48] * Threei slaps Laserdave1 around a bit with a large trout
[10:48] {dptl} lol
[10:48] * Chaeron slaps Laserdave1 around a bit with a large trout
[10:48] {curtisweese} out NVDA +$14 ....whew
[10:48] {curtisweese} i mean .14
[10:48] {curtisweese} haha
[10:48] {Threei} scary way to do it curtis
[10:48] {Threei} if you got in too early, do NOT sit and hope
[10:49] {curtisweese} yeah....i'm learning (slowly)
[10:49] {Threei} it broke support, take your stop
[10:49] {dino} mu stopp .27 -.-9
[10:49] {Threei} you were in .56,
[10:49] {curtisweese} yeah....you noticed that, huh?! hahaha
[10:49] {Threei} .51 was low at the moment,
[10:49] {curtisweese} i just wanted to trade with everyone for once :)
[10:49] {Threei} get out when .50 is broken
[10:49] {Threei} look for another chance if bottom fishing is what you are after
[10:50] {Threei} idea is simple:
[10:50] {Threei} there is inetria,
[10:50] {curtisweese} thanks.....i figured I'd goofed it.....minimize my losses better
[10:50] {Threei} it takes stock lower and lower,
[10:50] {Threei} bottom fishing is atempt to go against the trend,
[10:50] {Threei} if you hold when stock loses another support
[10:51] {curtisweese} gotya...that makes sense ... i need better discipline
[10:51] {Threei} you run the risk to keep it into loss much bigger than you could ever imagine
[10:51] {Threei} there were people buying NVDA on the eay dowen at each support
[10:51] {Threei} sitting now on a loss they just can't make themselves to take
[10:51] {Threei} take small stop, look for antoher entry
[10:51] {curtisweese} jeez, never thought about it that way...they lost their butt....although I do like NVDA a n investmenet
[10:52] {Chaeron} ooooooooo..... curtis said the "i" word!!!!!
[10:52] {curtisweese} hahaha
[10:53] {curtisweese} I need to get the MTM tax designation...no way i want calculate these wash sales
[10:53] {magoo} first things first.......................
[10:53] * magoo slaps Laserdave1 around a bit with a large trout
[10:53] {magoo} and now for the "i".............
[10:53] * magoo slaps curtisweese around a bit with a large trout
[10:54] {curtisweese} :)
[10:56] {Threei} AMKR, feel free to take profit as you see fit
[10:56] {curtisweese} is aapl a short here? 128.69ish
[10:56] {Threei} up 22 cents from trigger
[10:56] {dino} curtis,m tradelog.com, tax
[10:56] {curtisweese} dino thanks!!
[10:57] {dino} does it all
[10:57] {curtisweese} never mind on aapl......bounced off looks like
[10:57] {Threei} [10:10] {Threei} AMKR, two ways to deal with it
[10:57] {Threei} [10:11] {Threei} one is, 11.08 long if stays above 10.95
[10:57] {Threei} [10:11] {magoo} i only want the winning one vad lol
[10:57] {Threei} gave you one :)
[10:58] {dino} genz sm l .46
[10:58] {magoo} so all i got to do is mention that every trade??
[10:59] {curtisweese} hey i did aapl right.....short at 128.69 woot....i didn't do it, but on paper i'm learning
[11:00] {curtisweese} dang that would have been a good one too
[11:01] {ludva1} Hi all
[11:02] {curtisweese} welcome back ludva!
[11:02] {dino} nvda stop .69
[11:02] {dino} stopped +.03, toughy
[11:02] {curtisweese} Day Two: Ludva1 Trading to Success
[11:02] {Chaeron} BERNANKE NOTES NEW FED FORECAST DUE NEXT WEEK WILL SHOW SLOWER GROWTH THAN PRIOR FORECAST
[11:02] {dino} needs mkt help imo
[11:03] {dino} oyog s .35
[11:03] {ludva1} cannot wait for the manual :)like this Im just watcher :(
[11:04] {dino} genz stop to b/e
[11:05] {dino} cov oyog .97, +.38
[11:06] {dino} genz stopped .48 +.02
[11:07] {dino} rinsed
[11:09] {dino} saia
[11:14] {curtisweese} be back in a few.....need a break :) aapl is going to be a short or bounce soon again it looks like
[11:15] {esemde} off early all...have a great rest of the day...
[11:16] {Chaeron} bye ese!
[11:16] * magoo slaps esemde around a bit with a large trout
[11:16] {magoo} gotcha
[11:16] {esemde} see ya Chaeron
[11:17] {dino} cya es
[11:18] {dino} ]bruce genz
[11:18] {dino} waiting sm .25
[11:19] {bruce} watching it dino- market seems to be downticking at moment
[11:19] {magoo} vad, i was on phone..did nvda get stopped balance? {i yse manuel}
[11:19] {dino} l genz .70
[11:19] {dino} sm wide
[11:20] {dino} nvda holds fairly well imo
[11:21] {magoo} sh qid here .09
[11:21] {magoo} snmall..tight
[11:23] {dino} bruce was right
[11:24] {bruce} sorry dino
[11:24] {ludva1} how do I change nick to something more english pls?
[11:25] {bruce} l eqix 79 even - small risky
[11:25] {Chaeron} I thought that was English.... :)
[11:27] {dino} sm wide cpla l .01
[11:27] {Threei} sorry guys, was urgent phone call
[11:27] {ludva1} did u chae? :) lets leave it than
[11:27] {magoo} cover qid..was a scalp
[11:27] {magoo} + something
[11:27] {bruce} out eqix + .78
[11:28] {Chaeron} ludva, what nationality?
[11:28] {magoo} let me guess..russian
[11:28] {dino} gj bruce
[11:28] {magoo} everything ok vad??
[11:29] {bruce} thanx dino - lucky
[11:29] {magoo} bruce..u been rubbing dino's lucky scalp lol
[11:30] {ludva1} hot russian - czech
[11:30] {magoo} sigh, everyones ignoring magoo
[11:31] {dino} hey!
[11:31] {ludva1} i meant not (not hot). im far from hot
[11:31] {magoo} "HOT"
[11:31] {magoo} ??
[11:31] {ludva1} :)
[11:31] {bruce} lol mags
[11:31] {dino} genz stopped done w/it
[11:31] {curtisweese} a hot russian?
[11:31] {ludva1} shit.....MISTAKE :):)
[11:31] {magoo} as in sexy??
[11:31] {dino} lol lbda
[11:31] {ludva1} common guys
[11:31] {dino} lubda
[11:32] {bruce} have my full share of "unlucky" mags
[11:32] {ludva1} just writting mistake, sorry to disappoint
[11:33] {magoo} luv, send patence a digital photo..we'll let her be the judge if you are hot or not he he
[11:34] {bruce} esi dino - on market uptick
[11:34] {bruce} you doing OK mags?
[11:34] {bruce} you're awful quiet lately
[11:34] {Chaeron} lol
[11:35] {ludva1} :) is patience local beauty or what?
[11:35] {magoo} i am up good today...but have been off lately
[11:35] {magoo} do not want to hurt anyone with calls until i get my mojo back
[11:35] {Chaeron} jaso
[11:35] {bruce} k -
[11:36] {Threei} ugh, sorry folks, crazy day a bit
[11:36] {magoo} i am a momo trader..i need conttinuation either way..l or sh... but chop chop is getting magoo
[11:36] {Threei} yes mags, thank you
[11:36] {Threei} ludva, please send e-mail to admin@realitytrader.com to change your nick
[11:37] {magoo} and send photo too he he
[11:37] {magoo} vad, i still got half nvda..and u??
[11:37] {ludva1} thanx Vad
[11:38] {dino} esi l like it
[11:38] {Threei} yes mag, never hit the stop
[11:38] {magoo} ok, i stop manually and was preoccuppied too for awhile
[11:38] {Threei} high is .85 so far annd I wanted exit closer to 24
[11:38] {magoo} didn't know if i blew styop
[11:39] {bruce} genz going lower still - thats one sick turkey
[11:39] {Threei} do you have charts up??? :)
[11:39] {dino} off my screen
[11:39] {magoo} yes, but u no me
[11:39] {magoo} ill ask first
[11:40] {dino} cpla stop to .39
[11:40] {dino} out cpla +.39
[11:41] {dino} .38 slip
[11:41] {bruce} imcl short vad?
[11:41] {bruce} nice one dino
[11:41] {Threei} chart is right bruce but
[11:41] {Threei} ther is always but eh?
[11:41] {dino} ty
[11:41] {Threei} my personal experience with IMCL is awful
[11:42] {bruce} yeah - my thgought exactly
[11:42] {Threei} it rarely obeys notmal patterns
[11:42] {Threei} and more often than not stages moves that are totally out of whack
[11:42] {bruce} k- just when you thought it was safe to go in the water - kind of stock
[11:43] {bruce} whats that Jaws theme music?
[11:43] {Threei} who knows, may be it's tame now...
[11:43] {dino} you're gonna need a bigger boat
[11:43] {Threei} today's chart certainly looks normal
[11:43] {Threei} lol dino
[11:44] {bruce} yeah - and bring the tartar sauce dino
[11:44] {dino} lol
[11:46] {bruce} double bottom in esi now dino -
[11:46] {bruce} think it's going a bit lower yet though
[11:47] {magoo} took rest nvda off at .77
[11:47] {magoo} TY vad
[11:47] {dino} esi sm l .14 careful
[11:47] {magoo} m,ay reload a pullbk..don't know
[11:47] {magoo} who does?
[11:47] {curtisweese} yeah thanks vad. i'd have bought at 24 and been hating it
[11:48] {curtisweese} aapl short opp at 127.70 or so if it gets there again....or a bounce....only the tape will tell!
[11:52] {dino} cpla sm l .27
[11:54] {bruce} stp dino
[11:54] {Threei} welcome guys... I am still in
[11:54] {dino} .84
[11:54] {Threei} {--- stubborn as donkey
[11:55] {Threei} just feel that I have practically no risk at this point, my stop for the balance is what, 2 cents?
[11:55] {curtisweese} what does NQ look like now?
[11:55] {Threei} double bottomed
[11:55] {curtisweese} aapl looks like a buy if it breaks .70 or so...is that right?
[11:56] {magoo} sh qid here now
[11:56] {Threei} depends curtis... AAPL moves with market usually
[11:56] {magoo} looking for naz bounce scalp
[11:56] {curtisweese} hit resistance and is running away now
[11:56] {Threei} if NQ is done dropping for the time being, it can work
[11:59] {curtisweese} is the NQ done dropping? hahaha.....get your crystal back dangit
[12:00] {dino} nvda l .55
[12:02] {dino} esi stopp .75, +.39
[12:03] {Threei} NQ retest low
[12:03] {Threei} no ral selling determination at the moment
[12:03] {Threei} real
[12:03] {Threei} 1800 remains kind of critical level
[12:04] {dino} nvda stopped -=.20 taking break
[12:04] {Threei} dumped balance too
[12:05] {bruce} thought you went l esi dino - glad you shorted
[12:05] {bruce} drps fairly extemem today
[12:06] {bruce} drops
[12:06] {dino} see above long and stopped
[12:06] {dino} -.39 opps
[12:06] {dino} fat finger syndrum
[12:07] {bruce} oh - sorry
[12:07] {bruce} have same issue
[12:07] {magoo} man, i constantly on phone today
[12:08] {Threei} ok mags, I'll tell my hired prank callers to leave you alone for the day
[12:10] {magoo} could u also call opff the nigerian money dogs?
[12:11] {Threei} hmmm
[12:11] {Threei} you mean all those millions I am promided by variouys nigerians are not real?
[12:12] {magoo} i've already sent them bank acct numbers, soc security numbers, dribvers lic..what more do they need ?
[12:13] {magoo} oh, here in my email today, would also like stock acct numbers..maybe then they will send me my million
[12:16] {Chaeron} can I have your Visa card # Mags? please?
[12:16] {Chaeron} (dang I'm bored)
[12:19] {Threei} market returned to this psycho mode where it's impossible to tell which mov is next'
[12:19] {Threei} tested low for the third time, broke it and immediately jumped back in the range
[12:20] {magoo} covered qid sh here .96
[12:20] {magoo} + .dime
[12:23] {dino} cpla stop to .70
[12:24] {dino} out +.43
[12:28] {Threei} FED'S BERNANKE: ANY NEW EROSION IN CREDIT MARKETS WOULD BE A WARNING BELL
[12:43] {magoo} i gotta go harrass a tenant..be back in less than hour
[12:43] {Threei} taking your baseball bit?
[12:44] {Threei} you know... kind word and revolver are much more effective than kind word alone
[12:46] {dino} lol, just bought a foreclosure
[12:47] {bruce} esi long here dino
[12:47] {dino} y sm
[12:47] {bruce} missed my entry at .16
[12:54] {dino} here it comes
[12:54] {dino} i waiting
[12:54] {Chaeron} .
[12:55] {Threei} very fine point
[12:55] {Chaeron} :)
[12:57] {bruce} in esi stop at .85
[12:58] {dino} not in, want lower
[12:58] {dino} brb
[13:00] {bruce} k
[13:02] {dptl} nvda short? .49?
[13:02] {Threei} no
[13:03] {Threei} not that it's garanteed to fail
[13:03] {Threei} it's just crapshoot
[13:03] {dptl} ok
[13:03] {Threei} I want much more compelling setup
[13:03] {Threei} NVDA was very hot in the morning, things happened on it
[13:04] {Threei} now it's just stalled, boring, abandoned
[13:04] {Threei} it will get more active again today
[13:04] {dptl} i see
[13:04] {Threei} then we will look at it once more
[13:06] {Threei} if you are bored and looking for something to keep yourself busy, there is always dave to slap
[13:06] {dptl} lol
[13:06] {Threei} NQ loses support again
[13:07] {Threei} very much looking like big leg down is coming
[13:07] {Threei} I just don't really trust it
[13:07] {Threei} these lunch time chart formation fail on regular basis lately
[13:08] {bruce} stopped esi -.3-
[13:08] {bruce} -.30
[13:08] {Threei} so just observing to see if we are still in a swamp or start getting more relible charts
[13:08] {bruce} takingbreak
[13:09] {dino} good stop
[13:09] {dino} mkt fell so i stayed away bruce, would like to see re-test on it
[13:11] {bruce} thanx - you were right to wait it out
[13:11] {bruce} bck in bit
[13:30] {dino} esi l sm .00
[13:30] {dino} cpla sm l .13
[13:36] {magoo} back..so scraped knuckles..but 800 bux richer
[13:37] {Threei} lol
[13:41] {dino} cpla stopped
[13:47] {Threei} anyone feels market upward push is coming?
[13:48] {hawkfan4} i do
[13:48] {magoo} not i..been away so need to read it more
[13:49] {patience} i don't trust reactions here...options expiry week, fed talking creatingmore uncertainty
[13:50] {Threei} this drop feels like fakeout to me
[13:51] {Threei} next thing we see is market threatening to drop like there is no tomorrow, and jumping back up instead
[13:51] {patience} you are the voice of experience :)
[13:52] {dino} dk
[13:52] {Threei} this is just what it did all this and last week :)
[13:53] {dino} nvda l .20 stop .97
[13:55] {magoo} but, then its the fake of the shake fake vad
[13:56] {Threei} sure but it leads to shake of the fake, doesn't it?
[13:56] {dino} just fade the faders' fade
[13:57] {Threei} and shake the shaker's shake?
[13:57] {magoo} lol
[13:57] {Threei} there you go
[13:57] {magoo} there she blows too
[13:58] {Threei} red bar NQ at 13:55, totally intimidating, abssolute "end of the world" look,
[13:58] {Threei} and immediate jump back up
[13:58] {Threei} in QID terms, 30 cents if you shorted
[13:58] {magoo} he he
[13:59] {magoo} i did
[13:59] * Threei slaps magoo around a bit with a large trout
[14:00] {dino} gj magoo
[14:04] {magoo} out here
[14:04] {magoo} plus sdomething
[14:15] {Threei} long time no see... CNIC
[14:15] {Threei} former MAMA
[14:19] {dptl} bare?
[14:20] {Threei} doesn't feel right
[14:21] {dptl} ok
[14:24] {Threei} i was wrong about it
[14:24] {Threei} worked for a qucik scalp
[14:27] {dino} out esi .85, +.85
[14:32] {Chaeron} nite
[14:38] {Threei} gosh IDMI
[14:38] {Threei} what a wierd thing
[14:42] {bruce} congrats esi dino - nice one
[14:45] {dino} nvda stopped -,23
[14:45] {dino} ty bruce
[14:48] {magoo} look at that naz vad
[14:49] {Threei} yes, this time it broke support and dropped
[14:49] {Threei} I hesitated to call it... too many of those breaks proved to be false lately
[14:51] {bruce} as Mr. dressup says
[14:51] {bruce} good morning boys and girls
[14:51] {bruce} can everybody say "bear market"?
[14:52] {Threei} I say it every day :)
[14:52] {bruce} lol vad
[14:53] {magoo} yeah..but do u mean it?
[14:53] {bruce} rimm bottome try here vad?
[14:54] {Threei} don't see anything on chart showing it bruce
[14:57] {bruce} k
[15:04] {dptl} qid long?
[15:04] {Threei} looks like...
[15:05] {Chaeron} in
[15:06] {dptl} .82
[15:08] {magoo} vasd, u take qid long?
[15:08] {Threei} I am on a sideline
[15:08] {magoo} me too
[15:08] {Threei} I don't trust the action enough
[15:08] {Threei} too many shakouts for my taste
[15:09] {Threei} die NQ!'
[15:11] {dptl} stopped qid -.14
[15:11] {dino} seems too easy
[15:13] {magoo} man, look ayt naz chart
[15:13] {magoo} schizo
[15:14] {dino} rick sm l .15
[15:15] {Threei} total
[15:15] {Threei} look at RIMM
[15:15] {Threei} after bruce asked, thing dropped 50 cents and bounced 80, both are totally out of any kind of rhyme or reason
[15:16] {bruce} obviously never read brothers grim vadster
[15:17] {Threei} lol
[15:17] {Threei} i childhood
[15:17] {Threei} in
[15:17] {bruce} lol
[15:17] {bruce} I never left mine
[15:18] {dino} good to see another dji 200 pt range day
[15:19] {dino} i miss the 300 ones
[15:19] {Threei} I had to bruce... after I screamed in an ice cream parlor "I want ice-cream, buy me ice cream!!" and pounder the table, I was told by two plice officers I didn't like like I was 5.. :(
[15:20] {Threei} innocent question why I couldn't do it at 45 send them grabbing their Tasers
[15:20] {Threei} that was the end of childhood :(
[15:20] {magoo} qid long scalp somewhere here
[15:25] {bruce} you should have been shouting -
[15:26] {bruce} I want Ice cream and a taser!
[15:26] {bruce} that covers it
[15:26] {bruce} what kid doesn't want his/her own taser
[15:26] {Threei} really
[15:27] {bruce} youdidn't look under the tree for one ?
[15:27] {magoo} u ever see the utube, where a kid owes money, agrees to let him tasr him for debt relief lol
[15:27] {Chaeron} got bladder relief at same time too :)
[15:27] {bruce} lol mags
[15:28] {magoo} too funny, it leveled him
[15:29] {Threei} look? I uprooted three trees in surroundings... what do you know, same officers came...
[15:29] {bruce} l nvda .87
[15:30] {bruce} out nvda +.5 woohoo
[15:31] {magoo} .50 cents in a minute? AWESOME
[15:31] {bruce} no sorry .05
[15:31] {dino} gj
[15:31] {bruce} I wish
[15:31] {magoo} that does it lol
[15:31] {bruce} didn't like the spike
[15:31] * magoo slaps bruce around a bit with a large trout
[15:32] {bruce} ah
[15:32] {dino} roflol
[15:32] {bruce} the slpa thatrefreshes
[15:32] {magoo} ROFLOL
[15:32] {bruce} take that - zzzzzzzzzzzztttttttttt
[15:32] {magoo} me and dino cayuse of u bruce
[15:32] {bruce} tasr stun gun
[15:35] {Threei} MEXICO DECEMBER INDUSTRIAL OUTPUT UP 1.3% V +1.4%E
[15:35] {Threei} MEXICO DECEMBER INDUSTRIAL OUTPUT UP 1.3% V +1.4%E
[15:36] {dino} it will be going up next month
[15:37] {dino} group of 14 of us going to mexico in march
[15:37] {Threei} what just happened on this wacko IDMI?
[15:38] {bruce} should be fun dino
[15:38] {magoo} i went long 3,40 vad
[15:38] {bruce} good beer there
[15:39] {magoo} if can't drink the water..isn't mex beer brewed from that samer water lol
[15:39] {magoo} certainly doesn't start ouit as colorado spring
[15:39] {bruce} probly mags
[15:40] {bruce} you'll just havta stay home
[15:40] {Threei} ok, I know you are kidding about buying it at 3.40
[15:40] {Threei} but still scared
[15:40] {magoo} just kinding u
[15:41] {magoo} roflol
[15:41] {bruce} mags - kind?
[15:41] {bruce} the world really is coming to an end
[15:41] {dino} indeed bruce, beer will be flowing
[15:41] {magoo} kinding=kidding
[15:42] * bruce slaps magoo around a bit with a large trout
[15:45] {bruce} vad - when you planning the first annual reality trader mexico convention?
[15:45] {Threei} not too hot about mexico
[15:46] {Threei} bahamas? hawaii?
[15:46] {cosmo} SD?
[15:46] {bruce} russia?
[15:46] {Threei} as soon as SD is on island
[15:46] {cosmo} hmmm
[15:46] {Threei} I like island living :)
[15:46] {patience} what about victoria, on your dock, you cooking shrimp on the babie
[15:47] {Threei} hmmm
[15:47] {patience} barbie....sorry
[15:47] {Threei} Victoria;s good but I don't want to speaj whole day and then cook
[15:47] {Threei} let's short IDMI
[15:47] {Threei} 2.99
[15:48] {cosmo} SD + Baja CA will be like Japan someday
[15:48] {Threei} 3.11 stop
[15:49] {magoo} yeah vad, how about having everyone over for sleep over weekend? i call shed
[15:49] {cosmo} Vancouver Island is broken off from Kamchatka, btw
[15:50] {cosmo} the geologies must match
[15:50] {dino} wynn sm l .50
[15:50] {patience} actually, geology of island matches south america
[15:50] {cosmo} that too
[15:51] {magoo} in idmi sh
[15:51] {magoo} u in boss?
[15:51] {Threei} yes sir
[15:51] {cosmo} but its further inland that matters
[15:51] {magoo} full?
[15:51] {magoo} 3/4?
[15:51] {Threei} yeah, just 11 cents stop
[15:51] {magoo} half?
[15:52] {cosmo} ... in the granite
[15:52] {Threei} boy, the thing is wierd
[15:52] {Threei} come on, pull the run once more
[15:53] {magoo} run? we short right?
[15:53] {Threei} rug
[15:53] {magoo} he he
[15:53] {magoo} we suk spelling
[15:54] {Threei} and gramery
[15:55] {dino} out wynn .60 +.10
[15:55] {magoo} shit, 5 minutes left mkt
[15:55] {Threei} so take 7 cents profit
[15:55] {Threei} I lost track of time lol
[15:55] {magoo} wait
[15:55] {magoo} .86
[15:55] {Threei} 13
[15:55] {magoo} OUT
[15:55] {magoo} TY
[15:55] {Threei} me too :)
[15:56] {dptl} me at .90 ty
[15:56] {magoo} what u get?
[15:56] {Threei} gosh
[15:56] {magoo} easy button worthy vad
[15:56] {Threei} I got 10 freaking fills 100 shares each
[15:56] {Threei} at diff levels, lol
[15:56] {Threei} welcome dp
[15:56] {magoo} ROFLOL
[15:57] {Threei} everything from .87 to .91
[15:57] {magoo} run error still cracxkingme up
[15:57] {dino} it will take you days to figure that out vad
[15:57] {Threei} days?
[15:57] {magoo} run ..i thought i f'ed up and went short
[15:57] {Threei} you overestimate my abilities
[15:57] {Threei} but I am flattered
[15:57] {Threei} lol... sorry for confusion mags
[15:57] {magoo} still laughing
[15:58] {magoo} i got 2 exit fills, both .86
[15:58] {magoo} whos your broker vad
[15:58] {Threei} hmmm
[15:59] {dptl} have a good evening all
[15:59] {Threei} this statemtn and following question both deserve this:
[15:59] * Threei slaps magoo around a bit with a large trout
[15:59] {magoo} TY, finally
[15:59] {Threei} thank you all
[15:59] {magoo} thanx all
[15:59] {Threei} good day today, less shaky than a few before
[15:59] {magoo} c u morrow
[16:00] {dino} thx all
[16:00] {Threei} have a good evening, see you tomorrow
[16:19] {bruce} night all
[

Wednesday, February 13, 2008

February 13 2008

Session Time: Wed Feb 13 00:00:00 2008

[08:12] {Threei} BIDU
[08:12] {Threei} RBC CUTS NUMBERS, BUT REMAINS POSTIIVE LONG TERM
- maintains SP ratings and $400 PT
[08:12] {Threei} - reminder the Co. reports after the close
[08:14] {Threei} solars
[08:14] {Threei} 07:02am [FSLR] Reports Q4 $0.68 v $0.53e, R $200.8M v $179.6Me
[08:24] {Threei} GUIDES 2008 SALES $900-950M V $820ME, EXPECTS TO SELL 400-430MW
[08:30] {Threei} *(US) JAN ADVANCE RETAIL SALES: 0.3% V -0.3%E; LESS AUTOS: 0.3% V 0.2%E
[08:30] {Threei} bear market is over?
[08:30] {Threei} no recession?
[08:30] {Threei} boy, is it fun or what
[08:31] {hawkfan4} hard to keep up
[08:31] {Threei} NOIZ
[08:31] {Threei} REPORTS Q3 R$8.8M V $3.3M Y/Y
[08:33] {Threei} good thing I gave up on the concept of keeping up long ago
[08:36] {Threei} SPIR
[08:36] {Threei} AWARDED PATENT FOR SYNTHESIS OF QUANTUM DOT NANOSTRUCTURES
[08:36] {Threei} oh cool
[08:36] {Threei} I longed for some quantum dot nanostructures for a while now
[08:37] {hawkfan4} well really vad, who hasn't?
[08:37] {Threei} true... seems our wishes are being granted
[08:38] {Threei} just a day or two ago I recieved e-mail from cosmo inquiring just how long we will have to wait for those quantum dot nanostructures... and stating that any patience has its limits
[08:43] {Threei} I am actually shocked raven isn't jumping up and down
[08:45] {Raven}
3 too cold
[08:45] {Threei} oh
[08:46] {Raven}
3 stuck in the snow
[08:47] {Threei} FSLR MANAGEMENT SAYS NO COMMENT ON MARKET RUMORS - CONF CALL- notes regarding yields, " to our knowledge we have not had any problems with customers"
[08:48] {cosmo} nano customers?
[08:49] {Raven}
3 nano yields are a problem
[08:49] {cosmo} they need time to compound prpoerly
[08:49] {Raven}
3 very true
[08:49] {cosmo} properly
[08:53] {cosmo} JASO pre mkt high = 19.08 fwiw
[08:56] {dptl} good morning all
[08:56] {Threei} dp :)
[08:58] {dino} gm all, seems i got lucky on fslr
[08:58] {Threei} dino :)
[08:58] {Threei} wow, you held it?
[08:59] {dino} yes, i said swing from 181
[08:59] {cosmo} AMAT
[09:00] {cosmo} 19.35 pre mkt high ...so far
[09:17] {dino} nile, wynn
[09:17] {curtisweese} i wonder if aapl and rimm are up today. :)
[09:17] {cosmo} solars also rising
[09:17] {Threei} FSLR breaks
[09:18] {magoo} morning
[09:18] {Threei} magoo :)
[09:18] {magoo} out plowing snow...sigh'
[09:18] {Threei} yikes
[09:18] {esemde} morning ...interesting morning...
[09:18] {Threei} ese :)
[09:18] {cosmo} here come the solars
[09:19] {esemde} Steve Goldman was right maybe...says this Bear is about 80% over
[09:19] {esemde} i'm right there with ya cos
[09:19] {cosmo} :)
[09:23] {Threei} SOL is one of solar laggers
[09:23] {Threei} getting some buying
[09:25] {esemde} SOLF you mean?
[09:25] {Threei} no SOL
[09:25] {cosmo} sorry to here
[09:25] {bruce} nice piece of luckdino
[09:26] {cosmo} hear
[09:26] {bruce} no need to trade rest of week
[09:27] {dino} yeah, that pretty much covers it, dumb luck
[09:28] {dino} going to hard stop at 213
[09:29] {esemde} what did you do dino,,,,missed it....
[09:30] {dino} took fslr l towards eod for overnight, just lucky
[09:30] {dino} stopped fslr 212.48, slip, +31.48
[09:31] {esemde} holy smoke ....and it gaps up 35..........nice dino nice!!!
[09:31] {patience} impressive dino, nice work
[09:31] {dino} sm, could've went eitrher way
[09:31] {dino} ok, back to work
[09:31] {esemde} full lot?
[09:32] {dino} lol, no small
[09:32] {dino} only 100
[09:34] {lumdus} gm all
[09:34] {Threei} lum :)
[09:35] {bruce} amat break vad?
[09:35] {Threei} doesn't look to be working on breaks
[09:35] {esemde} lum...
[09:35] {Threei} jumps off pullbacks rather
[09:36] {bruce} good point - thanx
[09:39] {Threei} COST, looking for long entry if pulls back into 65
[09:40] {Threei} if never loses .40, then breakout play above .60, half lot
[09:41] {Roman}
21 JASO bouncable
[09:42] {Roman}
21 bidding 18.5
[09:42] {lumdus} short gg 35.30 stop 34.42
[09:43] {lumdus} out -.13
[09:45] {Roman}
21 in JASO
[09:45] {Roman}
21 out JASO
[09:45] {Threei} nice one Roman
[09:45] {Threei} scalped too
[09:46] {magoo} in cost, anyone else?
[09:46] {dino} wspi s .00, stop .23
[09:46] {Threei} not here
[09:49] {dino} rick l .40, stop lod
[09:50] {dino} stopped rick
[09:51] {dino} nile, wynn, looking for bottom
[09:52] {Roman}
21 GIGM
[09:52] {Roman}
21 feels higher
[09:52] {Roman}
21 in small 20.18
[09:53] {dino} gs to 175 seems
[09:53] {Threei} ONXX .15 long half lot
[09:53] {Threei} stop under .95
[09:54] {bruce} nfx dino
[09:54] {magoo} stopped cost btw
[09:54] {dino} nile sm l 42.00, stop .48
[09:55] {Threei} wasn't worth the entry on such break mags
[09:55] {magoo} [09:40] {Threei} if never loses .40, then breakout play above .60, half lot
[09:55] {magoo} [09:42] {Roman} JASO bouncab
[09:55] {Threei} yeah?
[09:55] {Threei} if never loses .40,
[09:55] {Threei} it did, dropped into .20
[09:56] {Threei} then spiked sharply into break level
[09:56] {magoo} oh, never saw that
[09:56] {magoo} sorry
[09:56] {Threei} not a breakout
[09:56] {magoo} should have confirmed valid
[09:56] {magoo} went for coffeee
[09:56] {Threei} 9:45 bar
[09:56] {magoo} xpensive cup
[09:56] {Threei} you don't have 1 min chart on?
[09:56] {magoo} $150 dollar cup
[09:57] {magoo} yeah...just came back..saw it near .60 and went for it..my faukllt
[09:57] {magoo} no complaints hee
[09:57] {magoo} here
[09:57] {Threei} just hate to see unnecessary stops
[09:58] {magoo} i feel that boss
[09:58] {lumdus} gild watching long
[09:58] {lumdus} break of 46.00and i am long
[09:59] {dino} out nile 43 +1.00
[10:00] {dino} wspi bstop to b/e not moving
[10:02] {dino} clhb
[10:02] {dino} diod
[10:03] {lumdus} in axp 45.99
[10:03] {lumdus} stop 45.77
[10:05] {lumdus} stop on axp 45.84
[10:06] {bruce} hsii dino
[10:08] {dino} no news
[10:09] {esemde} LONG amkr .94 1/2 LOT
[10:09] {dino} where?
[10:09] {dino} clhb l .47
[10:09] {dino} sm
[10:11] {dino} wspi stopped flast
[10:12] {Threei} scary trade:
[10:12] {Threei} CSIQ .50 break long small shares
[10:13] {Threei} under .20 invalidated
[10:13] {bruce} l clhb .23 stop lod
[10:13] {lumdus} axp stop to 45.87
[10:15] {lumdus} out 46.20 + .21 axp
[10:15] {Threei} FSLR trying to break out of the range
[10:15] {Threei} NQ rtoo
[10:16] {Roman}
21 JASO
[10:16] {cosmo} ESLR wants 11
[10:16] {Roman}
21 looking good too
[10:16] {Roman}
21 buy them all
[10:18] {dino} hsii s sm .48
[10:18] {dino} stop .76
[10:19] {Threei} EXEL?
[10:20] {Threei} RIMM long small
[10:20] {dino} wynn fast fall
[10:20] {magoo} here or under 94?
[10:20] {Threei} here
[10:20] {Threei} stop under .90
[10:21] {magoo} still liking CSIQ?
[10:21] {Threei} no
[10:22] {Threei} no worky RIMM
[10:22] {esemde} OUT amkr .06 +.12
[10:24] {esemde} ok...Vad...i seem to be picking these stocks that seem to have OK liquidity levels but they move like snails.....what might i be missing here
[10:24] {Threei} the thicker stock is the slower it moves as a rule
[10:24] {Threei} trade-off of safety
[10:25] {Threei} thinnies are jumpy
[10:25] {Threei} oil numbers in 5 min btw
[10:25] {esemde} they are safe for sure.....maybe go at them with more size...does that seem reasonable
[10:25] {Threei} that;s the idea
[10:26] {bruce} do you know how to you the alert feature in laser modules vad?
[10:26] {Threei} the thicker it is the easier it is to get in and out with no significant slippage,
[10:26] {Threei} and since they are narrower, stops are usually smaller too
[10:26] {Threei} which allows for bigger size
[10:27] {esemde} tks
[10:27] {dino} clhb stopped -.40
[10:27] {Threei} alert feature?
[10:28] {Threei} I don't see it in OMS
[10:28] {dino} sm s dwsn .24 jumpy, wide
[10:29] {Threei} oh, separate module... see it now bruce
[10:29] {Threei} no, never looked into it
[10:29] {Threei} can inquire when dave gets his computer back up and runninh
[10:29] {bruce} stopped clhb
[10:30] {lumdus} short trv 57.41 stop 47.61
[10:30] {lumdus} s trv 47.51 stop 47.61
[10:30] {Threei} *DOE CRUDE: +1.07M V +2.5ME; GASOLINE: +1.75M V +1.6ME; DISTILLATES: -166K V -1.5ME; UTILIZATION: % V 84.3%E
API:
[10:30] {Threei} - Crude: +1.3M
[10:30] {Threei} - Gasoline: +610K
[10:30] {Threei} - Distillate:-540K
[10:36] {Threei} RIMM
[10:36] {Threei} HEARING CHATTER OF PARTIAL OUTAGES OF BLACKBERRY SYSTEM ON THE WEST COAST (UNCONFIRMED)- reminder the Blackberry network went down across North America for several hours on Monday; at that time, the company cited ongoing data center upgrades for the outage
[10:36] {curtisweese} my blackberry is up in SEattle ...hehe
[10:39] {lumdus} did you short rimm at least ?
[10:40] {curtisweese} i'm shorting roger clemens
[10:40] {lumdus} ok.. out trv -.11
[10:40] {lumdus} no workie today
[10:48] {dino} cpla drop
[10:51] {dino} dwsn bstop to .52, oih up
[10:53] {dino} hsii bstop to .41, not moving
[10:53] {esemde} long SOLF .46
[10:53] {esemde} on top of my swing lot
[10:54] {dino} cov dwsn .50, -.26
[10:54] {dino} hsii cov .42, +.06
[10:55] {Threei} FSLR seems to be looking for 220 at least
[10:56] {magoo} hit it next pullbk ?
[10:56] {Threei} risk on it is beyond my tolerance
[10:56] {Threei} I'd prefer to play one of its followers
[10:57] {dino} de l .40, stop .99
[10:57] {dino} sm
[10:58] {lumdus} maybe jdsu long if it breaks.
[10:58] {magoo} aapl long here vad? naz trying
[10:58] {Threei} closer to .50 I'd feel more comfortable on AAPL mags
[10:59] {Threei} stop would have to be under .30
[10:59] {lumdus} vad, why would you take aapl long or short it's stuck .. i think
[11:00] {Threei} stuck?
[11:00] {Threei} thing moves 50 cents in a matter of minutes :)
[11:00] {lumdus} oh, so you just playing the channel..
[11:01] {Threei} there is double bottom support around .35,
[11:01] {Threei} there is secondary support around .50,
[11:01] {magoo} all it needs is a naz push
[11:01] {Threei} stock pulls back from 127 to it, it's a ligitmate long if NQ helps
[11:01] {lumdus} ok tx vad
[11:03] {Threei} what's with DNDN?
[11:03] {magoo} hate that one
[11:05] {Threei} FSLR almost 220
[11:05] {lumdus} short ggp 36.20 sto p36.32
[11:05] {Threei} I don't think it was tradable mags, pulled back and jumped sharply with no warning
[11:06] {Chaeron} no news DNDN
[11:06] {Chaeron} good morning to all btw
[11:06] {Threei} hi chaeron
[11:06] {magoo} see, if u only take 100 sjhares...at the pullbk..thats how to do it
[11:06] {Threei} I don't see anything either
[11:06] {magoo} was looking at 117 area
[11:06] {magoo} risk a max of 2 points against
[11:07] {magoo} maybe catch 5 up
[11:07] {lumdus} ggp stop 36.31
[11:08] {Threei} ESLR gave much more tradable move of FSLR jump
[11:08] {magoo} wasn't on my watch list
[11:09] {lumdus} amzn rocking
[11:09] {magoo} in aapl from .55
[11:09] {Threei} me out .90
[11:10] {Threei} worked like charm
[11:10] {Threei} never lost .50, not even saying of jeopardizing stop under .35
[11:10] {Threei} and came into that .50 support for entry like a good boy
[11:10] {magoo} my spot..your read entry..nice
[11:11] {lumdus} aapl very nice trade. i missed it
[11:11] {lumdus} vad, you where looking on 3 mins chart i assume..
[11:11] {Threei} ahhh... DNDN has conference call today at 1:15
[11:11] {Threei} no, 1 min
[11:11] {magoo} especially for one thats "stuck"
[11:11] {esemde} out SOLF .80
[11:12] {esemde} +.34....
[11:15] {Threei} you got a good feel for it ese... it scares the living daylight out of me
[11:15] {dptl} got to go....have a good day everyone
[11:15] {Threei} take care dp
[11:15] {esemde} have been watching this stock for a month and a bit now
[11:15] {Threei} don't go near that explosion area
[11:16] {esemde} plus the fact that I have swing lot in there at 6.10
[11:16] {esemde} has made me extra sensitive to it
[11:17] {curtisweese} jump back in aapl at .50 again?
[11:17] {esemde} first time or second maybe that i've done a day trade on it as well
[11:18] {Threei} not sure curtis
[11:18] {Threei} not as clean setup as last time around
[11:18] {curtisweese} gonna break down or up big soon methinks ....just which way? grrrrr
[11:18] {Threei} with resistance at 127 tested so many times and holding, it could fail holdng support anytime now
[11:18] {Threei} and NQ looks questionable here too
[11:19] {Threei} not sure it's ready to be shorted but it ceased to be long
[11:19] {curtisweese} shorted at .54 aapl......roll the dice!!
[11:20] {Threei} OK, stop is above .80
[11:20] {Threei} and pray it loses .35
[11:20] {lumdus} praying for all of you :)
[11:20] {Threei} I am just an observer
[11:20] {lumdus} me too. i am just short ggp
[11:21] {lumdus} i like less heart pounding scray setups. i learned to take "easy" money only.
[11:22] {Threei} some of us need their adrenalin injection daily...
[11:22] * Threei pretends not to be looking at magoo and curtis
[11:23] {bruce} out for balance of day
[11:23] {bruce} see you tomorrow
[11:23] {lumdus} a couple of good shots are cheaper then losing money
[11:23] {bruce} bye all
[11:23] {magoo} bye bruce
[11:23] {Threei} take care bruce
[11:24] {Threei} I'd trail stop to above .70 on AAPL curtis
[11:24] {esemde} see ya bruce
[11:24] {curtisweese} i accidentally clicked buy to cover....lol!!! i'm out :(
[11:25] {Threei} OK... was 50/50 trade to begin with anyway
[11:25] {Threei} so it's a destiny to exit on accident :)
[11:25] {curtisweese} works for me!!! only losing $14 in trade fees is a win sometimes
[11:25] {curtisweese} okay many time
[11:25] {curtisweese} s
[11:26] {Threei} FSLR
[11:26] {Threei} if you want real adrenalin injection
[11:26] {lumdus} ggp stop 36.16 (protect my capital and commi)
[11:26] {Threei} buy 220 break
[11:26] {Threei} close your eyes
[11:26] {Threei} pray
[11:26] {Threei} open in 3 min
[11:26] {Threei} click sell and look what came out of it
[11:27] {dino} wynnsm l .50
[11:27] {lumdus} out ggp flaat
[11:29] {Threei} 3 min are up
[11:29] {Threei} you are up 1.50
[11:30] {Threei} magoo???
[11:30] {Threei} don't tell me you are still in
[11:30] {magoo} i didn't take
[11:30] {Threei} ok, that did it
[11:30] * Threei slaps magoo around a bit with a large trout
[11:30] {magoo} i gotta go plow, be back hour or more
[11:31] {Threei} extracting call on FSLR from me, finally getting it and not taking it?? :)
[11:31] {magoo} i gotta go.LEAVE ME BE
[11:31] {Threei} no
[11:32] {Threei} ghost of this trade is going to haunt you
[11:33] {Chaeron} mags, if you would have listened to Threei, you could have hired a crew of guys to do your plowing for you
[11:33] {magoo} fu guys
[11:34] {Chaeron} love you too bro
[11:34] {Chaeron} :)
[11:34] {curtisweese} in at 127 on aapl
[11:38] {esemde} SOLF approaching highs of day...
[11:39] {esemde} if it can get past 18.88...skys the limit with this one
[11:39] {esemde} sorry high of the day is 18.03 and 7 day high is 18.88
[11:42] {curtisweese} out aapl +$.34
[11:42] {Threei} wtg
[11:42] {curtisweese} not bad i guess!
[11:43] {Threei} nice SOLF
[11:45] {Threei} should pull back now
[11:45] {esemde} RATS....was looking away at something else......missed that scalp trade....
[11:45] {Threei} I took .96
[11:45] {esemde} gj vad
[11:46] {Threei} .95 big offer was too tempting
[11:46] {esemde} as long as markets move in it's direction it should keep going
[11:47] {esemde} how do you mean too tempting
[11:47] {Threei} when such offer is taken it provides nice momo
[11:47] {esemde} ahhhh....tks
[11:49] {curtisweese} in aapl again at .28
[11:51] {curtisweese} out...doh!
[11:51] {Chaeron} guys, I'm normally on top of this, but is market closed Monday?
[11:52] {Chaeron} Presidents' Day
[11:52] {Threei} NASDAQ Holiday Trading Schedule
[11:52] {Threei} 2008 Holiday Schedule
[11:52] {Threei} 2007 Dates - Unless noted, the following dates are holidays that The NASDAQ Stock Market is closed. January 1 - New Year's Day
[11:52] {Threei} January 15 - Martin Luther King Jr.'s Birthday
[11:52] {Threei} February 19 - Presidents' Day
[11:52] {Threei} yes
[11:52] {Threei} http://www.nasdaq.com/about/schedule.stm
[11:52] {Chaeron} sorry... thanks...
[11:55] {dino} i think it's feb. 18th 3i
[11:56] {Threei} yeah I guess they copied it from last year for website posting :)
[12:00] {Threei} US TREASURY SEC PAULSON: US DEFICIT NOW 'MANAGEABLE' AS SHARE OF GDP, SHOULD BE 'GLAD' ABOUT FOREIGN BUYING OF DEBT
[12:03] {esemde} SOLF nice!!!!
[12:04] {Threei} FSLR is dragging it
[12:05] {esemde} is it ever....
[12:05] {curtisweese} out on aapl again.. +$.21 only
[12:16] {dino} out wynn 112.15, +.65
[12:17] {dino} oyog
[12:17] {dino} thin
[12:19] {Threei} if today is anything like last days, we are to see selloffs starting about now
[12:21] {dino} if is a word in life
[12:21] {Threei} as always...
[12:22] {dino} as"if"
[12:23] {Threei} so... IF it materializes, QID is long
[12:23] {dino} hayn
[12:23] {Threei} .80 is closest support
[12:24] {Threei} hard to nail entry, see if you agree with general assesment of direction
[12:24] {Threei} and try to grab it with .79 stop
[12:31] {Threei} if we make sharp red bar here it will be a nice confirmation of patterns starting
[12:35] {Threei} took .84, 5 cents stop is too temnpting to pass
[12:36] {Threei} if too early, that's risk I am willing to take
[12:36] {dino} sm s hayn .68
[12:36] {dino} cov .,28, +.40
[12:37] {dino} too quick
[12:37] {Threei} wtg
[12:38] {dino} ty
[12:39] {Threei} volume on this last NQ nounce was quite pathetic
[12:42] {Threei} hmmm... I have 1:2 here... scalper's blood is boiling
[12:42] {Threei} remember SOL I entioned earlier ese?
[12:44] {dino} recn
[12:51] {dino} asys
[12:53] {esemde} have a great rest of the day .....ya hear(as Jed Calmpet used to say)!
[12:53] {Threei} take care ese :)
[12:53] {esemde} thats CLAMpet
[12:53] {esemde} see ya vad
[13:00] {Threei} let's pull the rug NQ
[13:00] {Threei} there you go
[13:00] {Threei} out half QID +.18
[13:00] {dino} ceph
[13:01] {Threei} almost 1:4
[13:02] {dino} wow
[13:02] {dino} cep[h
[13:04] {Threei} WILL BE ACCUSED BY FTC OF ILLEGAL DEALS OVER PROVIGIL AGREEMENTS, COMPLAINT COULD BE FILED TODAY - WIRE CITES SOURCES- FTC to accuse CEPH of making illegal deals to delay generic competition for its sleep disorder drug, Provigil, which is its top selling product.
[13:05] {dino} about 4 bucks in 5 mins.
[13:05] {Threei} and doesn't seem to stop
[13:05] {dino} ok thx
[13:06] {dino} recn l .35, sm
[13:09] {dino} give me a bottom ceph? 57.50s
[13:09] {dino} whers' bruce when i need him:)
[13:09] {Threei} gosh with this news...
[13:10] {dino} it will drag on and on......imo
[13:14] {Threei} no ultimate rug pull on NQ so far
[13:14] {Threei} maybe too soon but new highs do not really fit the picture
[13:15] {Threei} CEPH should be short somehwre
[13:17] {Threei} FTC will challenge agreements CEPH made with four companies (BRL, MYL, TEVA, and Ranbaxy) to postpone generic versions until 2012, as part of a campaign to prevent drug makers from extending monopolies by buying off competitors.
[13:18] {dino} it will probably take a year +
[13:19] {Threei} sure... if that quick :)
[13:19] {Threei} it's just this bounce will be tempting enough for those caught by news to sell
[13:19] {dino} so, really doesn't matter
[13:20] {Threei} news itself, of course not... fear it generates does... as always :)
[13:21] {Threei} one more spike and seems to be running out of gas
[13:22] {Threei} finger on a trigger
[13:22] {dino} 60.68
[13:22] {Threei} in
[13:23] {Threei} stop above 60.10
[13:23] {Threei} if no worky, then your target is next
[13:24] {magoo} back
[13:24] {dino} nice
[13:24] {Threei} still in.... maybe too greedy
[13:26] {Threei} out
[13:26] {Threei} .50
[13:26] {Threei} +.48
[13:26] {dino} gj
[13:26] {Threei} hey mags
[13:27] {Threei} your back OK?
[13:27] {magoo} yeah..thanx for asking
[13:27] {magoo} slush outside like 6 inches
[13:28] {Threei} just remembering what this snow plowing was like on my back
[13:28] {magoo} if freeezes gonna be bad
[13:29] {patience} vad, be honest with magoo. your lawn has grown so much this spring, you know you have to mow for an hour at least as well
[13:30] {Threei} lol
[13:30] {Threei} true actually
[13:30] {patience} i know
[13:30] {dino} who said that :)
[13:31] {Threei} when I feel especially mean, I am sending photos of my lawn to friends back in Winnipeg
[13:32] {Threei} note I said "especially mean" because just mean is my usual state
[13:32] {Threei} covered CEPH a bit too soon eh?
[13:34] {dino} y
[13:36] {magoo} i would think qid long soon for scalp
[13:36] {Threei} BIDU after close makes waters more mirky today
[13:37] {magoo} it will move 30 points
[13:37] {magoo} don't know which way
[13:37] {Threei} awww
[13:37] {magoo} but i always follow its report
[13:37] {Threei} feels like CEPH bounce from here
[13:38] {Threei} in, .70 stop
[13:38] {dino} s at .60 l at .57.70 imo
[13:38] {magoo} in .892
[13:38] {dino} otherwise no-man's land
[13:40] {Threei} out
[13:40] {magoo} out here .23 TY vad
[13:40] {Threei} welcome :)
[13:40] {dino} gj magoo
[13:40] {magoo} easy button worthy
[13:40] {dino} easy button
[13:41] {dino} recn stop to .58
[13:41] {magoo} u still in
[13:41] {Threei} [13:40] {Threei} out
[13:42] {magoo} sorry
[13:42] {Threei} nope
[13:42] {Threei} no forgiveness
[13:43] {magoo} thats ok..i deserve it
[13:43] {Threei} lol
[13:43] {magoo} was cranky earlier
[13:44] {magoo} goog sold off 40 points on earnings..so gun to head
[13:44] {magoo} bidu sells off
[13:47] {dino} out recn +.23
[13:48] {magoo} rimm sh soon
[13:57] {lumdus} i am about to short pg
[13:58] {magoo} vad,,FSLR short if mkt retreats?
[13:58] {curtisweese} DIE AAPL!!
[13:59] {Threei} I don't think there is such direct connection betwen market and FSLR today magoo
[14:00] {lumdus} short pg 66.87 stop 67.05
[14:00] {magoo} ok
[14:01] {dino} sm s wynn .20
[14:03] {curtisweese} out on aapl short $.49 ahead! yay!
[14:03] {magoo} nice
[14:04] {curtisweese} bought in again on aapl for bounce 128.99
[14:06] {curtisweese} stopped out :(
[14:06] {lumdus} my touch this AM was off down, -.04 .. maybe the pm session i be better
[14:06] {curtisweese} or i mean.....yay...i didn't lose more
[14:06] {lumdus} ok, so now pg die a horrible misreable death.. i need the points now.
[14:09] {Threei} points is tough thing to expct ferom PG
[14:11] {lumdus} i was thinking to ride it to 66
[14:12] {magoo} vad, u like anything for pullbk?
[14:14] {Threei} not really, I can't tell between pullback and bounce on one side and continuation down on other
[14:14] {magoo} like RIMM
[14:14] {magoo} ok, what u watching? {besides TV lol}
[14:14] {dino} stopped wynn/cov .60, +.60
[14:14] {Threei} market is 25 points higher than I'd thought it should be
[14:15] {Chaeron} I'll call them and tell them
[14:15] {Threei} lol
[14:15] {Chaeron} :)
[14:15] {Threei} I'll tell you what I watch... XIDE, in total disgust
[14:15] {Threei} day after day I see it on a scanner making new highs
[14:15] {magoo} what channel is XIDE on?
[14:15] {Threei} and can't find any play on it
[14:16] {dino} hayn sm s .14
[14:16] {dino} risky, jumpy
[14:21] {ludva1} hello
[14:21] {ludva1} first time here
[14:21] {curtisweese} hi
[14:22] {dino} welcome ludva
[14:22] {patience} hi ludva1
[14:24] {magoo} welcome ludva1
[14:24] {ludva1} yesterday Ive ordered Vads course package I got access here
[14:24] {dino} ceph break of .00 s
[14:24] {ludva1} could anyone point me out what shall I do now please?
[14:24] {Chaeron} good to have you ludva. You'll love the course
[14:25] {lumdus} ludva, maybe watch jnpr for a scalp long
[14:25] {ludva1} I love anything what is not full of ballony, which I expect this is not :)
[14:25] {ludva1} OK lets see juniper
[14:26] {Threei} hi ludva, welcome
[14:26] {magoo} ludva, if i may...watch and observe our strategy and style first and for awhile
[14:26] {magoo} we have very quick time frame
[14:27] {magoo} trigger an entry and we layout exit
[14:27] {lumdus} ludva, after you hang here a while you wont need to eat baloney you can eat steak for lunch
[14:27] {ludva1} :):)
[14:27] {Threei} I'll be back in 10 min guys, need to slap myself out of coma
[14:27] {dino} cov .70, +.30
[14:27] {ludva1} looks like nice company here
[14:28] {dino} give it time, lol
[14:29] {ludva1} what is that floor thing in other window I can see pls?
[14:31] {magoo} its for special trade setups that only vad will put in there
[14:31] {magoo} rarely used, ignore it
[14:31] {dino} hayn bstop to .97
[14:31] {ludva1} Ok thanx
[14:31] {lumdus} ludva, we never ever use it
[14:32] {lumdus} watching csx break of .20
[14:32] {lumdus} long
[14:33] {ludva1} does it mean you guys only using this discussion board for your trades and others learn from it? Is everybody here trading Vads methods or some of you trade totally different things and just enjoy this nice company? Sorry for all these questions, after I spend some time here, I calm down :)
[14:34] {Threei} back... nicotine works
[14:34] {dino} cov hayn .80, +.34
[14:34] {Threei} ludva, there are my calls and there are all other things members here see and trade
[14:34] {lumdus} in csx 50.20
[14:34] {Threei} eventually it comes down to each working out his own style and vision
[14:35] {Threei} since every trader has his own risk tolerance and expcetations
[14:35] {lumdus} long csx 50.20 stop 50.05
[14:35] {ludva1} Great, I actually trade minies for some time, but I love to learn new things, so thats why Im here. thank you
[14:36] {lumdus} ludva, i like to think i trade vad's style. I learned only from here.. so i consider my self a student of vad
[14:36] {Threei} one thing you really need to make your peace with is:
[14:36] {Threei} we are world's worst typists
[14:36] {Chaeron} and spellers
[14:36] {Chaeron} *cough*
[14:36] {dino} lumdus the brown-noser
[14:36] {ludva1} understand.
[14:37] {lumdus} dino, he's new we give him the truthh and then we rough him up
[14:37] {ludva1} spellers I guess Im the one worst here as not native english speaker
[14:37] {dino} wyn almost lod
[14:37] {ludva1} :) :)
[14:37] {ludva1} lumdus funny huh
[14:37] {lumdus} go csx !
[14:38] {dino} lol um
[14:38] {dino} recn l .90-
[14:40] {lumdus} csx stop now 50.14
[14:40] {Threei} QID short on bounce, as close to .10 as possible
[14:40] {Threei} just a small scalp
[14:41] {Threei} in, stop .15
[14:41] {Threei} NQ break of 1825 should make it work
[14:42] {lumdus} go csx ..
[14:42] {Threei} nope, no worky
[14:42] {lumdus} stop on csx 50.24
[14:43] {lumdus} vad, stop on csx in 50.20 .. what would be stop on it ?
[14:43] {lumdus} 50.15 ?
[14:44] {Threei} yup, that's the closest support
[14:45] {Threei} so far scenario with BIDU is the same as with GOOG on earnings day
[14:45] {Threei} market is up, BIDU is up
[14:45] {Threei} after announcement GOOG dropped 40 points
[14:45] {Threei} will history repeat?
[14:45] {lumdus} out csx - .05
[14:45] {magoo} then bounced 20 back
[14:46] {magoo} all in 30 minutes
[14:46] {magoo} but settled in20 down
[14:47] {magoo} trhey are similar in many ways related to trading perspective
[14:47] {magoo} if goog dissappoints..would figur bidu will
[14:47] {Threei} yeah, that's why I recite the analogy
[14:48] {magoo} i know..agrreeing and adding what i remember
[14:48] {magoo} i caught goog fopr like 17 points remember
[14:48] {Threei} I remember struggling with calculator trying to compute your win
[14:49] {dino} recn stop to .95
[14:49] {dino} trouble w/.01
[14:50] {lumdus} stop on pg 66.94
[14:50] {dino} stopped +.05
[14:51] {Threei} now NQ starts looking like down, and I can't make myself rely on it
[14:51] {Threei} not much following to the recent patterns today
[14:51] {lumdus} amzn looking sweet, just need to wait a little
[14:52] {magoo} lum, as short?
[14:53] {dino} sm s wynn .10\
[14:53] {lumdus} amzn as long ..
[14:54] {lumdus} i just want to wait a few more mins, before i take another trade. today not my usual self here.
[14:54] {lumdus} amzn next stop 80.00 maybe
[14:56] {Threei} CEPH managed to make new lows
[14:57] {Threei} wouldn't try it for bounce here but on the next sharp selloff probably yes
[14:58] {Threei} perfect... NQ now looks upward again
[14:58] {Threei} sigh... useless peice of you know what
[14:58] {dino} stopped wynn -.40
[14:59] {lumdus} out pg -.03
[14:59] {Threei} and this time QID does what was expected last time around
[14:59] {dino} rinsed
[15:00] {dino} take it l .10
[15:00] {lumdus} in rimm 96.52 stop 96.20
[15:01] {ludva1} Vad, is your course applicable for minies as well or mainly for scalping stocks pls?
[15:01] {lumdus} rimm 96.42 stop 96.20
[15:01] {Threei} mostly stocks
[15:01] {Threei} main priniciples are the same
[15:02] {Threei} it's just stocks that I trade so a lot of material is specific to that
[15:04] {ludva1} thanx. is this time of high volatility good, bad or dont care for your work?
[15:04] {ludva1} I mean course info
[15:04] {Threei} it's a bit more complicated than that
[15:04] {Threei} high volatility presents more opportunities,
[15:04] {Threei} but major question is,
[15:05] {Threei} whether your mehtod of reading allows to find safe entries
[15:05] {Threei} volatility is not always readable
[15:05] {dino} out wynn .20, +.120
[15:05] {Threei} sometimes it's just listless jerking around
[15:05] {dino} .10
[15:06] {Threei} prettty much like we have last hour or so
[15:07] {ludva1} how many trades a day you can expect to have on average?
[15:07] {Threei} really depends on market activity and readability
[15:07] {Threei} anywhere from 3-5 to 15-20
[15:07] {ludva1} Is it Ok Im asking so many question here?
[15:07] {Threei} 3-5 being market in a coma
[15:08] {ludva1} :)
[15:08] {Threei} 15-20 when market in fever
[15:09] {Threei} if market remains as it, sharp spike is coming
[15:10] {ludva1} should do something. for last 2 hours there is no volume on ES
[15:11] {Threei} come on NQ
[15:12] {Threei} you want to retry 1830
[15:15] {Threei} meaningless up and downin a tight range
[15:23] {Threei} DNDN
[15:23] {Threei} HOUSE DECLINES REQUEST TO HOLD HEARING -CNBC
[15:23] {Threei} not in a short list
[15:23] {dino} hmmm eod rally so far
[15:28] {Threei} IMO, one more pullback, then thrust to 1830 and possible above'
[15:28] {Threei} see chart, if you afree consider plasying QID accordingly
[15:29] {Threei} SOLF scalp candidate .20 break trigger
[15:30] {dino} trak s .97
[15:31] {lumdus} in bbd 28.09
[15:31] {lumdus} stop 28.03
[15:31] {Threei} stop under .15
[15:32] {magoo} in solf
[15:33] {Threei} just a scalp mags, don't oversit it
[15:34] {Threei} end of day is too wierd today
[15:34] {magoo} out there .44
[15:34] {magoo} no good/
[15:35] {magoo} .39
[15:35] {dino} bstop to .83 trak
[15:36] {dino} stopped covered .84, +.13
[15:37] {Threei} FSLR new highs
[15:37] {Threei} let's see if helps your SOLF magoo
[15:38] {magoo} sitting .39
[15:38] {Threei} maybe too optimistic
[15:38] {Threei} FSALR pulling back
[15:39] {Threei} then again... your risk was 5-7 cents to begin with
[15:40] {magoo} ahhhhhhhhhhhhhhhhh
[15:40] {lumdus} done for the day. tough day for me -.57 (with commission) for the day. not used to a loss. haven't had that for almost 1 month. geesh !
[15:41] {Threei} take care lum, chill out overnight... noone wins every day
[15:41] {magoo} out here .30
[15:41] {magoo} saw .38 hits..was at .39
[15:41] {lumdus} yeah, my axp.. if it didn't shake me i would be up +1.30 . drink a cold beer and come back fighting
[15:43] {dino} shake it off lum
[15:45] {dino} asei
[15:47] {dino} asei break of .50 s
[15:48] {dino} ok
[15:48] {magoo} bidu really pushing up here vad
[15:49] {magoo} im ,ooking for news predictions on it
[15:52] {dino} bidu est .71
[15:55] {magoo} vad, get bidu's news up asap ok??
[15:55] {magoo} u da man
[15:55] {ludva1} im going, thanx for welcome.bye
[15:55] {Threei} do they report right after close?
[15:56] {magoo} c u tomorrow lud
[15:56] {Threei} take care ludva, see you tomorrow
[15:57] {dino} asei stopped -.07
[15:57] {magoo} not sure vad, real money site all screwed up for info
[15:58] {magoo} they re did it..messed it up
[15:58] {Threei} watching news feed
[16:04] {Threei} come on already BIDU... report
[16:05] {magoo} stay on it boss : )
[16:06] {Threei} easy to say... I keep my eyes open for 6 min already
[16:06] {Threei} how often do you think it happens to me
[16:06] {magoo} not often
[16:06] {Threei} not at all
[16:10] {magoo} its getting jumpuy
[16:14] {Threei} you mean it ever sits still? :)
[16:17] {dino} gn all thx for a decent day
[16:27] {Threei} hmmm
[16:27] {Threei} 5 points move, still nothing on wires
[16:28] {Threei} I mean 9 points
[16:28] {magoo} what u make of thay?
[16:28] {Threei} shrug
[16:29] {Threei} doesn't take much to move it, you know :)
[16:29] {Threei} couple traders decided to make their bet...
[16:29] {Threei} couple more thought those first ones know something and joined
[16:30] {Threei} snowball effect :)
[16:30] {Threei} REPORTS Q4 $0.87 V $0.72E, R$78.3M V $77.1ME- Guides Q1 Rev $ v $77.1Me
[16:31] {Threei} no guidance yet
[16:31] {Threei} - Guides Q1 Rev $73.1M-$75.1M v $77.1Me
[16:31] {Threei} hmmm
[16:32] {Threei} beats earnings, lowers guidance on rev

Tuesday, February 12, 2008

February 12, 2008

[08:22] {Threei} YHOO
[08:22] {Threei} A FEW LARGE HOUSES OUT THIS MORNING PLACING FAVORABLE ODDS THAT MSFT INCREASES ITS BID TO WIN A DEAL
[08:27] {hawkfan4} morning vad
[08:27] {Threei} hawk :)
[08:37] {hawkfan4} RIMM not participating in this excitement so far, might be good fade candidate
[08:38] {Threei} had news about outage after market yesterday
[08:38] {Threei} appears to be solved
[08:38] {Threei} maybe that's impacting it
[08:47] {hawkfan4} ah, i saw it dropping last night but couldn't stick around to figure out why.
[08:47] {Threei} neither could I
[08:47] {Threei} had a lot of things to talk about with son after his jorney
[08:48] {hawkfan4} where was he?
[08:48] {Threei} almost 4 months of backpacking over SE Asia
[08:48] {Threei} quite an experience
[08:49] {hawkfan4} wow, that's sounds amazing
[08:49] {hawkfan4} that
[08:49] {Threei} most of it yes
[08:49] {Threei} last 10 days, trip from Hanoi to Hong Kong were very stressful,
[08:49] {cosmo} ZOLT: $0.17, excluding a convertible debt charge, $0.07 worse than the First Call consensus of $0.24; revenues rose 32.3% year/year to $40.07 mln vs the $44.59 mln consensus.
[08:49] {Threei} and sometimes downright scary
[08:50] {Threei} I am very proud of how he handled it
[08:50] {cosmo} did he see any cryptids?
[08:50] {hawkfan4} to me, the whole thing sounds a bit scary, but i prefer the safety and comfort of my basement :)
[08:50] {Threei} some situations would have put most of grown-ups in a state of sheer panic
[08:50] {Threei} maybe cosmo... but I don't kno who those are :)
[08:51] {cosmo} a cryptid is any animal or creature that has been reported to have existed, but has not been proven to
[08:51] {Threei} ah
[08:51] {cosmo} lots of them there
[08:52] {Threei} olgoi-horhoi
[08:52] {Threei} reported to inhabit deserts of Mongloia
[08:52] {Threei} huge worm hitting its victims with electricity
[08:52] {cosmo} hmm ... mostly in the forests
[08:53] {cosmo} ah.. the worm
[08:53] {cosmo} sand worms
[08:53] {magoo} morning
[08:53] {cosmo} no no ... wrong planet...
[08:53] {Threei} magoo :)
[08:58] {cosmo} VRTX: Vertex 4th-quarter loss widens, shares fall
[08:58] {cosmo} at Reuters (Mon 6:04pm)
[08:58] {magoo} u must be very proud vad..(scrolled up) and relieved hes back:)
[08:58] {cosmo} Vertex Pharmaceuticals to offer 6 mln common shares
[08:58] {cosmo} at MarketWatch (Mon 5:27pm)
[08:59] {Threei} very much so mags
[09:00] {cosmo} now he must write a book...
[09:00] {Threei} Traveller's Notes? :)
[09:00] {cosmo} subject optional
[09:01] {Threei} Worked through the summer - ready to travel
[09:01] {dptl} good morning all
[09:01] {Threei} dp :)
[09:02] {Threei} I didn't think this moment would ever come... I agree with russian bankers
[09:02] {Threei} (RU) RUSSIAN CENTRAL BANKERS SAYS MORE FED RATE CUTS COULD THREATEN GLOBAL FINANCIAL SYSTEM
[09:04] {cosmo} NUAN
[09:04] {cosmo} 17.48 spike high
[09:06] {esemde} good morning team....
[09:06] {Threei} ese :)
[09:12] {esemde} hmmmm why do you agree with the russian feds Vad...
[09:13] {Threei} mostly because I don't think this endles rate cutting leads to anything but further destabilization of whole system
[09:14] {Threei} for your reading:
[09:14] {Threei} http://www.realitytrader.com/blog/2008/02/trading-psychology-stage-1.html
[09:16] {dino} gm all brb
[09:16] {esemde} dino
[09:16] {esemde} dino
[09:16] {Threei} dino :)
[09:17] {esemde} ah what the heck make it three dino!!!
[09:17] {Threei} lol
[09:18] {cosmo} VRTX
[09:18] {cosmo} ...needs to hold 16.30 imho
[09:22] {magoo} read blog vad..keeo them coming
[09:23] {Threei} ty, i will
[09:25] {cosmo} NUAN test 17.50
[09:25] {Threei} RIMM is still weak
[09:26] {Threei} keeping eye on UDRL
[09:26] {Threei} daily looks breaky
[09:27] {esemde} NUAN.....up 1,45
[09:27] {magoo} do not recall UDRL?
[09:27] {Threei} hmmm... some junk-mailer got in a timewarp or what, I am getting e-mails about pre-Christams sale
[09:28] {Threei} [15:09] {Threei} lookinf at UDRL, trying to see if there is anything to do with it
[09:28] {Threei} [15:10] {Threei} toughie... would prefer it to finish here and break out tomorrow
[09:28] {Threei} [15:10] {Threei} that would be a trade I'd take with my eyes closed
[09:28] {Threei} [15:10] {Threei} break today, not sure
[09:29] {Threei} 02/11/08 04:11pm [NUAN] Reports Q1 $0.18 v $0.17e, R $195M v $200Me
[09:29] {Threei} 02/11/08 04:59pm [NUAN] Guides Q2 R $210-218M v $208.5Me - conference call
[09:31] {Threei} NUAN .95 long if stays above .80
[09:31] {magoo} full?
[09:31] {Threei} yeah
[09:33] {esemde} bstop NUAN .95......was onto that one Vad as well
[09:33] {Threei} :)
[09:33] {Threei} UDRL is off radar
[09:33] {Threei} too spready for my taste
[09:33] {magoo} RIMM spike
[09:35] {bruce} solf long break?
[09:35] {Threei} JNPR 26.10 long if stays above 25.90
[09:35] {esemde} NUAN ...invalid
[09:36] {Threei} I wouldn't bruce
[09:36] {Threei} no clean setup, market dependent and very volastile
[09:36] {dino} zolt
[09:36] {Threei} it's a pullback stock
[09:37] {dino} sigm rocking
[09:37] {esemde} watching DEPO....
[09:37] {Threei} RIMM worth a try for bounce
[09:38] {dino} zolt sm l .81
[09:38] {Threei} just a scalp if you got it
[09:40] {dino} zolt stopped -.41
[09:43] {bruce} zapped in zolt
[09:43] {Threei} APWR small shares long 19.10
[09:43] {Threei} very volastile and risky
[09:43] {dino} look zolt now, oh mannn
[09:44] {Threei} that was nasty of NUAN
[09:45] {dino} nile
[09:45] {bruce} big range in it dino
[09:46] {bruce} would prefer to see zolt sell off more before trying long agan
[09:46] {esemde} definately nasty of NUAN VAD,,,,,
[09:48] {Roman}
21 small cap china plays
[09:48] {Roman}
21 CTDC
[09:48] {Roman}
21 long small
[09:48] {esemde} CSIQ nice move as well
[09:49] {Roman}
21 CPSL also interesting
[09:52] {curtisweese} rimm is hovering pos and neg...fun!
[09:52] {Threei} CHNR
[09:52] {Threei} looks explosive
[09:53] {dino} nile sm l .31
[09:54] {Threei} APWR small shares aggressive entry .50 - .51
[09:54] {Threei} stop under .30
[09:55] {curtisweese} rimm spiking down
[09:58] {dino} l cyno sm .95
[09:59] {bruce} cbey on radar dino
[09:59] {cosmo} NUAN has a nasty laugh
[09:59] {Threei} JNPR did same thing
[10:00] {Threei} invalidated original setup, then went back, triggered and worked
[10:00] {esemde} is there news on NUAN
[10:00] {Threei} [09:29] {Threei} 02/11/08 04:11pm [NUAN] Reports Q1 $0.18 v $0.17e, R $195M v $200Me
[10:00] {Threei} [09:29] {Threei} 02/11/08 04:59pm [NUAN] Guides Q2 R $210-218M v $208.5Me - conference call
[10:00] {esemde} tks
[10:00] {dino} cbey s around 28.50
[10:01] {dino} or here bruce
[10:01] {dino} out nile 53.42, +1.22
[10:02] {dino} opps 1.11
[10:03] {dino} cbey s sm .00
[10:06] {Threei} AAPL long
[10:06] {esemde} LONG CSIQ 21.10....
[10:06] {Threei} stop under 129
[10:06] {magoo} entyr?
[10:06] {Threei} in
[10:06] {curtisweese} nyny is up big again
[10:06] {Threei} .95
[10:06] {magoo} where?
[10:07] {Threei} stop under .80
[10:07] {Threei} ugh, stopped
[10:09] {dino} bmrn
[10:10] {bruce} exited cyno flat
[10:11] {dino} cbey bstop is .28 fwiw
[10:11] {dino} gj bruce
[10:11] {dino} had .40 didn't take it
[10:12] {Threei} AMZN .55 long if stays above .35
[10:12] {bruce} me too - I had order at .56 but didn't quite pop that far
[10:12] {esemde} AKNS....
[10:13] {magoo} amzn valid?
[10:13] {magoo} went for coffee
[10:13] {Threei} yes
[10:14] {Threei} no
[10:14] {magoo} sigh
[10:15] {magoo} rimm?
[10:15] {magoo} looks long
[10:15] {esemde} bstop CPWR 8.60...small
[10:15] {Threei} no mags
[10:15] {magoo} yeah
[10:15] {magoo} i see that
[10:16] {Threei} both RIMM and AAPL are weaker than usual
[10:16] {bruce} nfx dino
[10:17] {dino} cbey stopped -.28
[10:17] {dino} cyno stopped -.45
[10:18] {bruce} cyno dumping
[10:18] {esemde} VAD....levels are thick on CPWR....on a small cap like this one.....does that usually mean slow movement in price on a breakout
[10:19] {Threei} it's a very slow mover, yes
[10:19] {Threei} range for today is about 15 cents
[10:19] {esemde} hmmm maybe not worth the effort here....
[10:19] {Threei} looking throuhg its daily, pretty much the norm
[10:20] {esemde} good point...bstop removed.......
[10:21] {Roman}
21 long JASO
[10:21] {Roman}
21 on pullback
[10:21] {esemde} stopped on CSIQ ato .90*&^*&^^% rats....-.20
[10:22] {bruce} ges dino
[10:22] {esemde} why that no good for nothin..........
[10:22] {dino} sm cyno again, .81
[10:22] {Roman}
21 in 18.21
[10:22] {Threei} RIMM short .49 if stays below .60
[10:23] {Threei} .65 stop
[10:23] {dino} ges closer to .90 imo
[10:24] {bruce} s ges .55 stop .75
[10:24] {dino} bmrn
[10:25] {dptl} stopped rimm
[10:25] {magoo} christ rimm stop
[10:26] {Roman}
21 out JASO bounce +.14
[10:28] {esemde} nj roman....
[10:28] {magoo} FSLR bounce soon Risky
[10:28] {esemde} hard play that one.....
[10:36] {bruce} half out ges +.30
[10:36] {Threei} ZIXI?
[10:39] {dino} gj bruce
[10:40] {dino} cbey s .60 stop .02
[10:44] {bruce} tanx dino - lucky
[10:46] {Threei} JOYG .80 long small shares
[10:46] {Threei} .65 stop
[10:47] {Threei} over 1:1
[10:47] {Threei} 1:2
[10:47] {Chaeron} beautiful one and fast too 3i
[10:48] {Threei} ty
[10:51] {esemde} outta here early .....have great day....
[10:51] {dino} cbey stopped done w/it. don't follow me, off a bit
[10:51] {Chaeron} bye ese
[10:51] {Threei} take care ese
[10:52] {bruce} stopped out balance ges +.21
[10:55] {bruce} cyno may be worth try long near here dino
[10:59] {dino} its fast lay out
[11:02] {dino} gxdx l .66, stop .26
[11:02] {dino} now bcbey falls
[11:03] {bruce} rats - missed cbey short by 1c -would have worked
[11:03] {dino} ctrp
[11:10] {Chaeron} wm
[11:18] {magoo} unreal, fslr red on such a day
[11:18] {magoo} any news on it???
[11:18] {bruce} dino - thinking of cyno if it retraces to about 22.50 w 30 c stop
[11:18] {Threei} no magoo
[11:18] {dino} i'm in it from earlier .81
[11:18] {Threei} repositioning ahead of earnings I guess
[11:18] {magoo} strange vad
[11:19] {bruce} 22.81?
[11:20] {dino} y
[11:20] {magoo} cramer gave it a pump last nite
[11:20] {dino} too high, i know
[11:21] {bruce} may well work - I'm just being conservative -
[11:23] {dino} my entries are off, getting stopped, so sized down and wider
[11:28] {bruce} k
[11:28] {Threei} MMSI 17 long half lot for a scalp
[11:29] {Threei} stop under .90
[11:30] {magoo} in
[11:35] {bruce} s ctrp .44 w 20 c stop
[11:36] {Threei} DRIV long on this pullback
[11:36] {Threei} not higher than .25
[11:36] {Threei} stop .15
[11:38] {dino} ctrp sm s .42
[11:43] {Threei} stop to .17 DRIV
[11:49] {Threei} dino... FWLT
[11:49] {dino} erts
[11:51] {Threei} WHITE HOUSE: REJECTS RUSSIAN CALLS FOR NEW SPACE TREATY
[11:51] {Threei} ERTS TARGETS REVENUE OF $6B IN 2011
[11:52] {dino} erts s sm break of .50
[11:52] {dino} no trig
[11:54] {bruce} quite the pop in erts
[11:54] {dino} yeah 20011, lots can happen
[11:55] {dino} waiting at 47.25
[11:55] {dino} ok sm s
[11:55] {dino} 48.25 i mean
[12:02] {dino} hway
[12:02] {dino} cyno stopped .71 -.10
[12:04] {dino} hway sm l .50
[12:06] {bruce} half out crtp + .34
[12:07] {dino} gj bruce
[12:07] {dino} ttgt
[12:08] {dino} thin
[12:08] {bruce} thanx dino you going to hold whold lot for bigger move?
[12:08] {dino} erys stopped shessh
[12:09] {dino} erts that was, yes bruce trying for more ctrp
[12:10] {dino} stop is b/e
[12:10] {bruce} erts on steroids
[12:11] {dino} you know we have to hit it
[12:12] {dino} 50 strike, see all the 5 and zeros today
[12:12] {bruce} ctrp stop to .25
[12:13] {dino} ctrp bstop to .02
[12:13] {bruce} yes - you take the short erts at 50?
[12:14] {dino} to .92
[12:14] {dino} didn't hit me
[12:14] {dino} cov ctrp .94, slip, +.48
[12:15] {dino} ty bruce
[12:15] {bruce} \out a 1/4 ctrp +.66
[12:16] {dino} nice
[12:16] {bruce} stop ctrp 51 for balance
[12:16] {Threei} fiiinally MMSI... sure took its sweet time
[12:16] {Chaeron} slacker.....
[12:17] {bruce} yep thanx dino
[12:17] {dptl} out .12mmsi ty
[12:17] {dino} you watch fslr go to 180
[12:17] {bruce} cyno at .50 dino
[12:18] {dino} hmmmmm
[12:20] {Threei} DRIV to .19
[12:24] {bruce} out last quarter crtp +.83
[12:32] {bruce} taking a brea
[12:33] {dino} gj bruce
[12:35] {bruce} your training dino
[12:36] {dptl} nvda short?
[12:37] {dino} lol
[12:37] {dino} bruce
[12:37] {dino} the student is the teacher today
[12:38] {Threei} can't make up my mind dp...
[12:38] {dino} hway stop to .88
[12:38] {Threei} somehow doesn't feel right
[12:38] {dptl} ok
[12:43] {dino} out hway .90, +.40
[12:48] {Threei} TOP OIL PRODUCERS HAVE ASSURED US THEY COULD COMPENSATE FOR SUPPLY DISRUPTION AMID VENEZUELA THREATS - WIRE CITES US OFFICIAL
[12:49] {dino} (at 5.00/gallon)
[12:50] {Threei} MMSI lost its mind
[12:51] {dino} zolt sm l .96
[12:53] {dino} finally something good on cnbc
[12:54] {dptl} lol
[12:54] {Threei} bethoven?
[12:54] {dino} sports illustrated swimsuit issue
[12:54] {Threei} lol
[12:55] {dino} not a laughing matter
[12:55] {Threei} sorry
[12:55] {dino} :)
[12:58] {Threei} I am scared to smile
[13:01] {dino} erts
[13:18] {Threei} looking to short QID on bounce into .20
[13:19] {Threei} in
[13:19] {Threei} stop .30
[13:21] {Threei} half out
[13:21] {Threei} stop .22
[13:23] {dino} gxdx stuck, stop to .88
[13:24] {dino} stopped w/slip at .81, +.15
[13:24] {bruce} back
[13:25] {bruce} grilled cheese and salami is underrated sandwich
[13:25] {bruce} w pickles of course
[13:27] {dino} imax l .80
[13:27] {dino} tight
[13:28] {Threei} 1/4 more QID out
[13:28] {Threei} was it perfect read or what
[13:29] {Threei} entry level in advance, hit to the cent
[13:29] {Threei} but has anyone followed... noooo
[13:30] {magoo} hadn't heard from u in so long
[13:35] {Threei} let's see
[13:36] {Threei} 20 minutes between the call and dino's "stop laughing about serious matters"
[13:36] {Threei} and you forgot all about me in 20 min?
[13:38] {magoo} thats correct
[13:39] {Threei} next 20 minutes I am spewnding in a monastery
[13:39] {Threei} crying
[13:41] {Chaeron} I think that's supposed to be "chanting"
[13:42] {Threei} I guess they'll correct me if I don't follow rituals
[13:42] {Threei} what's with market?
[13:42] {Threei} sudden drops
[13:42] {Threei} like rug being pulled
[13:44] {dino} normal
[13:45] {dino} fslr 180+
[13:46] {dino} to 175
[13:48] {dino} maybe not
[14:00] {Threei} JAN MONTHLY BUDGET STATEMENT: 17.8B$ V $20BE
[14:04] {magoo} see...where'd u go now?
[14:04] {Threei} still in monastery
[14:04] {Threei} still crying
[14:04] {Chaeron} you've been in 5 min too long....[10:40] {Threei} next 20 minutes I am spewnding in a monastery.
[14:05] {Threei} your fault chaeron... I had to go and consult on crying vs chanting
[14:05] {Threei} wasted 10 min of perfectly good crying
[14:06] {Threei} anyway, NQ makes these wird sudden moves in this range... gotta wait it out
[14:07] {dino} imax stopped .88 +.08
[14:07] {dino} fslr sm l .00
[14:07] {dino} 181
[14:07] {dino} thinking swing
[14:09] {dino} iclr
[14:15] {bruce} nice win fslr dino
[14:17] {magoo} qid trade vad?
[14:17] {Threei} no way to read it mags
[14:18] {Threei} NQ jumps within range but one of these times it will break
[14:18] {dino} ty bruce
[14:18] {magoo} gotcha , ty :)
[14:19] {magoo} sh rimm loss 93
[14:22] {magoo} waiting .79
[14:22] {dino} iclr sm s .00
[14:25] {magoo} lame, not even dime..nowstoped
[14:25] {Threei} NQ bounced back into range
[14:31] {bruce} possible breakdowns on zolt fslr
[14:31] {Threei} market l,ooks like breaking down this time
[14:34] {bruce} s erts at .53
[14:44] {bruce} stopped erts -8c
[14:48] {dino} iclr stopped
[14:49] {bruce} sorry dino _ I skipped it - wanted it at higher price
[14:49] {dino} you're on today
[14:50] {bruce} just some lucky reads
[14:53] {dino} :), luck ploays a part, but you're reading well
[14:53] {dino} fslr to 200
[14:54] {dino} lol
[15:04] {bruce} tried that oms module today vad
[15:04] {bruce} seems to work for stops
[15:04] {Threei} worked fine?
[15:04] {Threei} I don't use it routinely but when I tested it woprked flawlessly
[15:04] {bruce} at least worked after I realized you have to press staart button
[15:05] {Threei} yup
[15:05] {bruce} nice to have if in multiple trades as a safeguard
[15:06] {bruce} thre goes rimm
[15:14] {bruce} aci long attempt 51.4
[15:14] {dino} wierd day, 80% of my stops would've worked
[15:20] {bruce} you didn't keep; them?
[15:21] {Threei} going to try .81 long QID
[15:21] {Threei} market feels like sharp drop coming
[15:21] {dino} i mean if they didn't trigger (stop me) the trades would have worked
[15:22] {bruce} got you
[15:22] {dino} now, check this out, the last 3 tuesdays' i've lost money
[15:22] {dino} strange stuff
[15:22] {dino} tues. seems to be a week day for me
[15:23] {Threei} out +.21
[15:23] {Threei} anyone? or should go back to monastery?
[15:23] {bruce} stopped aci -.28
[15:23] {Threei} sharp drop it is
[15:24] {dino} comp going negative
[15:24] {hawkfan4} nice call vad
[15:24] {Chaeron} damn nice
[15:24] {Threei} ty
[15:24] {bruce} maybe tuesdays should be for golfing
[15:25] {Threei} wow
[15:25] {Threei} I mean... wow
[15:25] {Chaeron} see what you started?
[15:25] {Threei} I didn't mean to
[15:26] {Threei} why did I ever sell
[15:26] {Chaeron} it'll never go down again
[15:27] {Threei} 60 cents on QID in minutes is not everyday's gift
[15:31] {dino} wow that fslr did get to the 175 area
[15:34] {Chaeron} told you... never going down ever again
[15:35] {bruce} you nailed itdino
[15:39] {Threei} bear is back, in full power and roaring
[15:40] {magoo} yeah
[15:41] {Threei} bounce time
[15:41] {Threei} some covering must occur
[15:41] {magoo} sh qid?
[15:43] {Threei} don't want to chase... maybe one more pullback
[15:48] {cosmo} VRTX
[15:58] {Chaeron} good night all...... see all you guys manana
[15:58] {Threei} thank you all, have a good evening
[15:58] {Threei} see you tomorrow
[15:59] {Chaeron} thanks againg Threei
[15:59] {dptl} have a good evening all
[15:59] {Chaeron} again
[16:00] {Threei} btw
[16:00] {Threei} anyone notice VLNC?
[16:04] {magoo} what about it/
[16:04] {Threei} broke 2.55 high made on a news day, contrinues slowly
[16:04] {Threei} my swing from 2.35
[16:06] {Threei} REPORTS Q1 $0.25 V $0.20E, R $2.09B V $2BE
- Q1 new orders $2.5B (-2% q/q)
[16:06] {Threei} - Q1 GM's 44.8% v 46.7% y/y
[16:07] {magoo} NILE vad??
[16:07] {bruce} looks like volume is dropping on daily as it rises vad
[16:09] {Threei} NILE
[16:09] {Threei} REPORTS Q4 $0.45 V $0.44E, R$112M V $113ME; ANNOUNCES $100M BUYBACK (11.5% OF MARKET CAP)- Guides Q1 EPS $0.11-0.14 v $0.23e, R$ v $82.3Me
[16:09] {magoo} ty
[16:15] {bruce} night all
[16:15] {magoo} nite bruce
[16:15] {bruce} same to you mags
[16:15] {bruce} have a cool one for me
[16:15] {bruce} I'm out
[16:16] {dino} me too take care all

February 11, 2008

[08:30] {Threei} Good morning
[08:30] {cosmo} Brave New Week
[08:31] {Threei} and starts with raging enthusiasm
[08:31] {cosmo} al 5 of us
[08:31] {cosmo} all
[08:33] {Raven}
3 12345
[08:33] {Threei} hmm
[08:33] {Raven}
3 5F here too
[08:34] {Threei} so early, and conversation is already way too challenging for my math skills
[08:34] {Raven}
3 5}4}3}2}1}0
[08:35] {Threei} wow... 41F here
[08:35] {Raven}
3 0{1{2{3{4{5
[08:35] {Threei} stop it Raven please... you make my inferiority complex umm, more superior
[08:35] {Raven}
3 sigh
[08:35] {Threei} but the RoC is so miserable...
[08:36] {Threei} RoC = Rest of Canada
[08:36] {Raven}
3 I bet Winnepeg is killer cold today
[08:36] {Threei} -40F
[08:36] {Threei} and blizzard
[08:37] {Threei} as if temperature alone was not enough
[08:37] {Raven}
3 sheesh ... we had blizzard yesterday
[08:37] {Raven}
3 0F with snow and 45mph gusts
[08:38] {cosmo} gee ...that could help with skin complection is you apply sparingly
[08:38] {Threei} well... imagine the same with -40...
[08:38] {Raven}
3 -40F is insane
[08:38] {Threei} it is
[08:39] {Threei} but himan being can rationalize anything
[08:39] {Threei} human
[08:39] {Threei} as I did for years :)
[08:39] {cosmo} -40F is warm on Mars
[08:39] {Raven}
3 apparently because all kinds of people live in such places
[08:39] {Threei} yeah, all my friends with tentacles say that
[08:39] {Raven}
3 all relative eh, cosmo ?
[08:40] {cosmo} no family there...sorry
[08:40] {Raven}
3 sigh ... lol
[08:42] {cosmo} ETFC pre mkt action
[08:42] {Threei} yeah, had news
[08:42] {cosmo} ragged spikes
[08:42] {cosmo} 5.50?
[08:42] {Threei} MAKING PROGRESS ON TURNAROUND PLAN, SIGNED ASSET PURCHASE AGREMENT
- Signed an asset purchase agreement to sell the assets of RAA Wealth Management to PHH Investments.
[08:42] {Threei} - Company expects to generate approximately $80M in proceeds.
[08:42] {Threei} - Company is actively working to improve capital and liquidity. Management has identified non-core assets with high market demand that will create value for the franchise through the orderly sale of such assets. The Company has also streamlined certain corporate functions to red
[08:43] {Threei} reduce expenses and will allocate these savings, as planned, to growth initiatives for its core retail business.
[08:43] {Threei} - The RAA deal is expected to close in April 2008.
[08:44] {Threei} be back in 5
[08:49] {Threei} half out COIN +.20
[08:56] {esemde} Vad cos raven hawk jm....morning guys
[08:56] {Threei} morning ese :)
[08:58] {esemde} Was sure winding in your neck of the woods yesterday Vad.....
[08:58] {esemde} kids and i went out to the lego display at sydney museum
[08:59] {Threei} it was volatile ese... very nice one minute, windy next
[09:00] {Threei} if you were outside somewhere around noon you had an amazing view of enormous rainboqw
[09:00] {Threei} -q
[09:01] {Threei} YAHOO! BOARD OF DIRECTORS FORMALLY DECLARES THAT MICROSOFT'S PROPOSAL SUBSTANTIALLY UNDERVALUES YAHOO!
[09:01] {esemde} We saw that to the north......it was biggest one i can remember seeing
[09:01] {cosmo} Mt Saint Helens cam was buried in snow for the first time... i think
[09:02] {curtisweese} what about agn this morning? market tripped out over botox news, but it was nothing. stock is down 6% or so on Friday. I was thinking it will bounce back up this morning since the CEO came out and explained that the FDA thing was nothing related to cosmetic botox. your thoughts?
[09:03] {dptl} good morning all
[09:03] {Threei} curtis, dp :)
[09:04] {Threei} who knows curtis... observe price action and look for setup, filter out all that noize
[09:04] {esemde} curtis dp
[09:04] {lumdus} gm to all
[09:04] {Threei} lum :)
[09:04] {Threei} news is the reason to look, not a sole reason to enter
[09:05] {lumdus} trading before market i see.
[09:05] {Threei} offering second half of COIN at 10.10, someone just bought 99 shares
[09:05] {Threei} 401 left
[09:06] {lumdus} ill buy 3 of your shares.
[09:06] {Threei} feel free, there are offered out there at 10.1
[09:06] {Threei} hidden Island
[09:08] {Threei} FSLR BOFA POSITIVE AHEAD OF EARNINGS, REITERATES BUY AND $300 PT
- we believe FSLR's 4Q07 EPS should come closer to our Street-high estimate of $0.64 than the
[09:08] {Threei} Street's $0.53 estimate.
[09:17] {esemde} $300 target for FSLR ehh,,,,
[09:17] {esemde} that should help solars
[09:18] {dino} gm all
[09:18] {Threei} dino :)
[09:21] {cosmo} LCAV: LCA-Vision Earnings Conference Call (live today at 10:00 am ET)
[09:21] {cosmo} LCA Vision cuts jobs, posts lower Q4 earnings
[09:21] {cosmo} at Reuters (Mon 7:56am)
[09:22] {cosmo} LCA Vision beats by $0.01, misses on revs
[09:22] {cosmo} Briefing.com (Mon 7:11am)
[09:23] {magoo} morning, tundra here today
[09:23] {Threei} magoo :)
[09:25] {Threei} [SUF] Sulphco, Inc. Signs agreement with Pt. Isis Megah SUF
[09:25] {Threei} - Signed an agreement with Pt. Isis Megah, an Indonesian oil and gas services company, which grants Isis an exclusive distributorship in the sales territories of India, Malaysia, Singapore and Indonesia.
[09:27] {dino} back in 20
[09:27] {magoo} when FSLR reort}??
[09:28] {magoo} report
[09:28] {magoo} watching RIMM vad?
[09:28] {Threei} not yet
[09:28] {magoo} man, nice clean office, desk lol
[09:29] {magoo} when FSLR report anyone??
[09:29] {hawkfan4} 2/13
[09:30] {Threei} out rest of COIN 10.08
[09:30] {magoo} really, ty hawk, sames as BIDU
[09:30] {Threei} +.28
[09:33] {Threei} solf
[09:33] {Threei} 16.50 long half lot if stays above .25
[09:35] {Threei} anyone took COIN with me overnight?
[09:35] {magoo} i don't go there
[09:36] {magoo} the 1 time i do...it will kill too
[09:36] {Threei} it'sd OK, just wanted to provide follow-up in case someone did and still hasn't sold
[09:36] {esemde} not I sir....did you you that late friday
[09:36] {Threei} yes, right before close
[09:37] {magoo} when naz breathes..aapl will be short scalp
[09:37] {magoo} missed it
[09:37] {Threei} SDTH half lot long 14.15
[09:37] {Threei} stop under 13.95
[09:37] {bruce} nvda long?
[09:38] {Threei} .51
[09:38] {Threei} stop under .30
[09:38] {Threei} NQ drops, see if can get lower price
[09:39] {magoo} pretty good pullbk herein naz
[09:39] {magoo} careful
[09:40] {dptl} stopped nvda
[09:40] {Threei} dp, you don't watch nasdaq?
[09:40] {Threei} why jump in right into sharp selling?
[09:41] {lumdus} short all 56.02
[09:41] {dptl} ye.... i know
[09:42] {esemde} ETFC bstop 5.38
[09:42] {lumdus} stop on all b/e
[09:42] {esemde} needs to stay above .25
[09:43] {Threei} .21 long NVDA if holding above .10
[09:45] {Threei} can't raise its head, and NASDAQ continues down
[09:45] {lumdus} stop on all 45.86
[09:46] {esemde} small shares 300 by the way
[09:46] {esemde} it's got that Alan Farley...spring loaded look to it Vad
[09:47] {Threei} requires more patience than I am capable of :)
[09:47] {Threei} VLNC approached Fri high
[09:48] {esemde} thats why the small shares ...it can sit there for a while
[09:48] {esemde} needs to stay above .25 though ...that ain't looking too good
[09:48] {lumdus} sumbol ALl , you die now horribly ok
[09:49] {lumdus} stock ALL die !
[09:49] {Threei} NFLX'
[09:49] {Threei} 27 break long
[09:49] {Threei} stop under .85
[09:49] {Threei} half lot
[09:49] {magoo} nvda back in play?
[09:50] {Threei} nah
[09:50] {magoo} SOLF?
[09:51] {esemde} yep approaching highs of day magoo
[09:51] {Threei} SOLF requires strong market... not what we see so far
[09:53] {Threei} KLAC 42 short half lot
[09:53] {esemde} agreed Vad.....as you said last week or the week before....follows market much more now
[09:53] {lumdus} stop on all 45.74 now.
[09:53] {lumdus} out all 45.57
[09:53] {lumdus} out all 45.47 + .53 to start
[09:54] {Threei} good one lum
[09:54] {lumdus} tx boss
[09:54] {magoo} sh klac
[09:54] {esemde} all the solars do these days....they are not acting independantly anymore
[09:54] {magoo} 42
[09:56] {Threei} KLAC drops even as NQ upticks
[09:56] {Threei} interesting
[09:56] {Threei} maybe worth more than scalp
[09:56] {magoo} i noticved that
[09:56] {Threei} original intention was scalp but going to change it to half out
[09:57] {Threei} covered half
[09:57] {Threei} .82
[09:57] {dptl} out +.18 klac ty
[09:57] {Threei} stop 42.05
[09:57] {Threei} welcome
[09:58] {magoo} waiting .62
[09:58] {Threei} protected part mags?
[09:59] {magoo} yes
[09:59] {Threei} :)
[10:00] {lumdus} in amat 18.30 sto 18.16
[10:00] {Threei} out balance KLAC
[10:01] {cosmo} CSIQ hod = 19.94 fyi
[10:02] {lumdus} go amat. nice good boy
[10:03] {lumdus} stop on amat 18.24
[10:04] {dino} aey l .35, stop .99
[10:05] {cosmo} CSIQ needs to hold 19.50 imo
[10:07] {lumdus} stop on amat 18.29
[10:08] {Threei} wierd thing with semis today
[10:08] {Threei} KLAC, NVDA
[10:08] {Threei} see disconnect with market?
[10:08] {lumdus} yeah, really wierd. over there.
[10:09] {lumdus} out amat -.01
[10:10] {esemde} ack acka dak....dak acka ack.....magic words from Bugs Bunny.,....don't think it's going to help ETFC though...pulling bstop
[10:14] {bruce} nflx trying to break again
[10:14] {Threei} VLNC, break of .35 deserves a try for a swing trade, IMO
[10:14] {Threei} it can take several tries to find right entry
[10:15] {Threei} two possible ways to do that:
[10:15] {Threei} 1, take .35 break, keep stop under 2
[10:15] {Threei} let it trade and see if it can take .55, high from that news days
[10:15] {Threei} 2. keep stop under .25,
[10:16] {magoo} yes
[10:16] {Threei} be ready to dump and look for another entry either on bigger pullback or on big break of .55
[10:16] {magoo} laser crashing here
[10:16] {Threei} ?
[10:17] {magoo} server please charts and quotes
[10:17] {magoo} i blank
[10:17] {Threei} 2
[10:17] {Threei} charts 5
[10:17] {Threei} works fine
[10:18] {bruce} mine working too mags
[10:18] {Threei} as you know fundamentals is not my world... so do your DD on VLNC
[10:18] {magoo} ok, my side '
[10:18] {Threei} and feel free to share your findings
[10:21] {bruce} tgt looks weak
[10:26] {dino} jbss s .00, sm, stop .37
[10:27] {dino} lcav l sm .45, stop .09
[10:27] {esemde} ack acka dak....dak acka ack.....hmmmmmVLNC is moving like ETFC....magic words won't help
[10:28] {Threei} NASDAQ looks like going down more but usual followers don't look like a vehicle today
[10:28] {dino} tuck 'em in bugs...es
[10:28] {dino} alog sm l .90
[10:28] {Threei} so, watching QID with idea of long on pullback, desirable close to .60
[10:29] {esemde} in a small way most solars are not following the nas....
[10:29] {dino} stop .63
[10:29] {esemde} my solar screen is almost all green
[10:29] {esemde} it's like they are just waiting for an excuse
[10:30] {Threei} closest support is .50 QID
[10:30] {lumdus} in jcp 48.35
[10:30] {lumdus} sto p48.17
[10:30] {dino} jbss tighten bstop to .22
[10:30] {dino} not worling
[10:31] {Threei} half out QID
[10:31] {dino} stopped jbss major slip, ave -..27
[10:32] {bruce} yes dino - same - looked good
[10:32] {bruce} going to watcvh it for antoerh setup
[10:33] {dptl} vrsn?
[10:33] {lumdus} ok, jcp time to work already. I
[10:33] {Threei} stop to .54 QID
[10:33] {dino} pnm ouch
[10:33] {dino} me too bruce
[10:33] {dino} good stop
[10:34] {dino} wbmd
[10:34] {Threei} not sure dp
[10:34] {Threei} looks OK for a scalp
[10:34] {Threei} out QID balance
[10:35] {dptl} ok ty....missed it
[10:35] {Threei} no attempt to hold works so far
[10:36] {lumdus} JCP stop 48.30
[10:36] {bruce} wbmd dino
[10:37] {dino} aey tighten stop to .19, not moving
[10:40] {dino} watching it
[10:40] {dino} wbmd bruce
[10:40] {lumdus} out jcp .29 - .07
[10:40] {dino} i wanted it a buck lower
[10:42] {Threei} VNUS?
[10:42] {Threei} no news that I sdee
[10:42] {Threei} probably just picks up some momentum on Frday's news
[10:43] {dino} anik
[10:43] {dino} nah
[10:44] {dino} icfi?
[10:44] {bruce} aig dino
[10:45] {dino} cdo issues
[10:48] {dino} aig feels like 40, but jumpy on the way
[10:48] {Threei} VLNC slowly climbing... really feels like callsing under-the-radar accumulation
[10:49] {Threei} callsing?
[10:49] {Threei} my typing hits new lows
[10:49] {Threei} that was supposed to read "classic"
[10:49] {dino} wow:)
[10:49] {Threei} lol
[10:50] {magoo} and even worse...i read it as classic lol
[10:50] {Threei} that's real wow
[10:53] {magoo} aapl going for 129
[10:53] {dino} lcav tighten to .15 not working
[10:54] {dino} out lcav .18, -.27
[10:54] {dino} rinsed up slippage
[10:54] {dino} f*job
[10:55] {Threei} RIMM long on pullback under 93
[10:56] {Threei} the closer to 92.5 the better
[10:56] {lumdus} rimm looks right
[10:56] {lumdus} but wonder if we see pullback
[10:56] {magoo} l aapl .49
[10:56] {Threei} no pullback... .20 would be break setup
[10:56] {Threei} not fond of those on RIMM
[10:56] {Threei} but in strong market could work
[10:57] {magoo} waiting .75
[10:57] {Threei} if you go for it, stop is under 93 of course
[10:57] {Threei} those who placed VLNC stop at .25 got 1:1
[10:58] {magoo} waiting .87
[11:00] {magoo} out .71, chamnged minf
[11:00] {magoo} mind
[11:00] {magoo} + .something
[11:00] {lumdus} in rimm 92.77 stop .64
[11:01] {dino} hayn
[11:02] {lumdus} if rimm gets back under .70 i get out
[11:03] {magoo} watch naz with rimm lum
[11:04] {magoo} its a little stronger than naz today
[11:04] {lumdus} yes, but rimm is overall strong today. and it's really the best bet
[11:05] {magoo} agrree
[11:05] {lumdus} i have my stop .69 now. so either i get it or .07 damage
[11:05] {dino} sm ivgn l .90
[11:06] {magoo} l rimm .97 ..just now
[11:06] {lumdus} stop on rimm 92.89 (lock in some profit)
[11:06] {magoo} out .23
[11:07] {lumdus} .10 trainling stop on mine
[11:07] {magoo} + something
[11:07] {magoo} fast
[11:07] {lumdus} out .23 + .55
[11:07] {lumdus} tx vad for rimm
[11:07] {Threei} good job guys
[11:07] {magoo} how u figure that out lum?
[11:07] {magoo} + .55?
[11:07] {lumdus} what i got in 92.77
[11:08] {magoo} so, what am i plus?
[11:08] {Threei} hehe
[11:08] {lumdus} i don't know.. maybe we both can't count.
[11:08] {Threei} his math abilities are same as yours and mine, mags
[11:08] {magoo} he he vad
[11:08] {lumdus} ok, i am +.46 ..
[11:08] {Threei} no, better
[11:08] {Threei} took him just two attempts
[11:09] {Threei} would take me 3 with calculator
[11:09] {magoo} i don't even try..
[11:14] {lumdus} enough for me now. be back later.
[11:19] {bruce} dino - could try lcav here w stop under 14
[11:20] {Threei} another market spike seems to be coming
[11:20] {bruce} shoot - too late - missed it
[11:20] {dino} ivgn stop to .20
[11:21] {dino} out ivgn .20, +.30
[11:21] {bruce} l aig .23
[11:21] {Threei} here we go
[11:26] {dino} arii
[11:27] {dino} icfi sm s .60
[11:27] {dino} cov alog .23, +.33
[11:27] {dino} out i mean
[11:33] {magoo} bounce time imo
[11:34] {magoo} not in
[11:37] {Threei} can't tell between reversal and lousy bounce here
[11:37] {Threei} sitting on a sideline for now
[11:40] {magoo} me too
[11:40] {magoo} could roll hard
[11:40] {dino} hayn sm s .24
[11:41] {Threei} NYNY
[11:41] {Threei} CONCLUDE AGREEMENT TO DEVELOP A $700 MILLION ENTERTAINMENT AND GAMING COMPLEX IN THE CATSKILLS WITH CONCORD ASSOCIATES- Under the agreement, a world-class gaming and entertainment facility will be developed at the site. The centerpiece of the project is a $700 million "Entertainment City," which is expected to include a 100,000 square foot gaming area, convention center, hotel, golf , retail stores, restaurants and various family entertainment activities. The 1.5 million-square foot facility has already
[11:41] {Threei} received required zoning and final site plan approvals. The gaming floor will be built within the hotel, adjacent to a new 5/8th mile, state-of-the-art harness track. Upon approval and completion of construction, the company expects to more than double Empire's current contribution to New York State to approximately $70 million per year, which goes to fund education
[11:42] {bruce} wow vad
[11:42] {Threei} how about that
[11:43] {bruce} you're a fast typist today
[11:43] {Chaeron} and not one mispelling or error
[11:45] {bruce} hayn stop .60?
[11:45] {Threei} AAPL RUMOR CIRCULATING THAT APPLE IS CONSIDERING ENTERING THE HANDHELD VIDEO GAME MARKET{SNE}
[11:46] {bruce} that'll be apple boy
[11:47] {curtisweese} jeez where is the market going today
[11:47] {Threei} yes
[11:48] {dino} hayn sdtopped .50, =-.26
[11:49] {Threei} AMZN bounce scalp from under 74
[11:50] {Threei} if never loses it will miss the play
[11:50] {Threei} not feeling comfortable enetring here
[11:50] {Threei} market stages these hideous sharp drops
[11:51] {magoo} should have shorted it to under 74
[11:51] {magoo} .30 plus cents
[11:51] {Threei} hmm?
[11:51] {Threei} it's still above 74
[11:52] {magoo} was like .40 area on your call
[11:52] {Threei} are we talking the same stock? :)
[11:52] {bruce} wbmd l .46 small
[11:52] {magoo} i believe we are
[11:53] {dino} nihd
[11:54] {dino} lol bruce i'm waiting .30
[11:54] {bruce} smart man dino
[11:55] {dino} lol
[11:56] {dino} got it now
[11:56] {dino} big drop
[11:57] {dino} icfi bstop to .29
[11:59] {dino} icfi to .21
[11:59] {bruce} yes - quick dump - definitely like your entry better
[11:59] {dino} risky, strange nihd s sm .06
[12:00] {dino} icfi to .15
[12:02] {dino} icfi stopped +.45
[12:02] {dino} covered ave .15
[12:04] {dino} cov nihd .66, +.40
[12:04] {Threei} nice dino
[12:05] {Threei} batting average is way above average eh?
[12:06] {dino} 3 misses, 4 hits, about average
[12:06] {dino} altho hits bigger
[12:07] {dino} wbmd wants .80 imo bruce
[12:08] {Threei} NYNY is holding unusually well
[12:08] {Threei} this thing loses all its gains quickly,
[12:08] {Threei} today it shows more stamina
[12:09] {Threei} .50 break long if holding above .30
[12:09] {bruce} hope so dino
[12:11] {curtisweese} broke it for a second...but then dropped
[12:13] {dino} argn spike
[12:14] {dino} not enough
[12:17] {curtisweese} what you doing with nyny now? last time it spiked like this it tanked same day....scary
[12:18] {dptl} stopped nyny
[12:18] {Threei} just got stopped curtis, lost support
[12:19] {Threei} what is scary? keep your stops, don't let them harm you more than predetermined amount you are willing to put at risk
[12:23] {magoo} shit stock imo
[12:23] {Threei} yup
[12:23] {bruce} lol mags
[12:23] {magoo} got me too
[12:23] {bruce} such colorful language
[12:23] {magoo} always does
[12:24] {bruce} pos
[12:26] {dino} argn
[12:27] {bruce} looks good dino - you thinking to short argn here?
[12:28] {dino} waiting at .98
[12:28] {bruce} k
[12:29] {curtisweese} if it drops to .98 then short, right?
[12:30] {dino} nooooo, i am waiting to short at 18.98
[12:30] {curtisweese} lol
[12:30] {Threei} dino trades reversals curtis
[12:31] {dino} because my mind is a "untrusting"
[12:31] {Threei} are you implying we trend followers are gullibble?? :)
[12:32] {dino} c'mon, no, "so i married an axe muderer" groupues
[12:32] {magoo} who is this dno of which u speak?
[12:33] {dino} not implying anything vad, you know me, find something that works...a million ways to do it
[12:33] {dino} icfi pops again
[12:33] {Threei} just pulling your chain
[12:34] {dino} i know
[12:35] {dino} hmm, i thought at least rfr had seen that movie
[12:36] {Threei} RIMM 93 break long
[12:36] {Threei} stop under .75
[12:37] {bruce} dino ges short?
[12:37] {dino} dji hod
[12:37] {dino} dk, seems too gradual bruce
[12:38] {Threei} 1:1 RIMM
[12:38] {bruce} k dino
[12:39] {dino} we want violent spikes/pullbacks
[12:39] {Threei} 1:2, out in full +.46
[12:39] {magoo} out RIMM .44 TY
[12:39] {Threei} welcome sir
[12:40] {magoo} u nailing RIMM vad..screw tthat NYNY stuff
[12:40] {dino} indeed
[12:41] {Threei} RIMM isn't for everyone mags...
[12:41] {dino} niether is beer
[12:41] {magoo} i LUV trading it...REALLY
[12:41] {Threei} and when NYNY type of stuff starts working, it works like crazy
[12:42] {Threei} after all, all those manias we were getting in tha fall were exactly tyhis type
[12:42] {Threei} remember how they worked?
[12:42] {Threei} things go in cycles, their time will come again
[12:43] {magoo} don't remember..lol
[12:43] {Threei} oh
[12:43] {Threei} I forgot :)
[12:49] {dino} wbmd stop to .70
[12:49] {dino} stopped +.50
[12:49] {dino} too tight
[12:51] {bruce} yes - took it off table too dino for small win
[12:52] {dino} keep an eye out for db on it
[12:53] {bruce} out aci long +.35
[12:54] {Threei} RIMM is close to resistance after spike, what NQ for drop to short RIMM
[12:54] {Threei} what = watch
[12:55] {dino} gj bruce
[12:55] * magoo slaps bruce around a bit with a large trout
[12:56] {bruce} thanx guys
[12:56] {magoo} i bet its cold where u are bruce
[12:56] {bruce} not mags
[12:56] {magoo} sh .97
[12:56] {dino} brb
[12:56] {bruce} freeeeeeezing
[12:56] {Threei} in, stop .11
[13:00] {Threei} out
[13:00] {Threei} too strong
[13:00] {magoo} yeah out
[13:05] {bruce} taking break
[13:06] {Chaeron} I hate to go all but I have to... kick some market ass
[13:07] {esemde} see ya chaeron
[13:07] {magoo} bye chaer'
[13:11] {Threei} CREE 34 break long if stays above .85
[13:11] {Threei} only with market help
[13:23] {Threei} PRESIDENT BUSH: ECONOMY IS STRUCTURALLY SOUND FOR LONG-TERM; STIMULUS WILL HELP THE ECONOMY DEAL WITH UNCERTAINTIES IN SHORT TERM
[13:23] {dino} aey boring stock stop to b/e
[13:24] {lumdus} bush stim packages. everybody get $600.00 a nice joke
[13:28] {esemde} signing off gentleman...opps and ladies...see ya tomorrow
[13:28] {Threei} take care ese :)
[13:28] {dino} otex
[13:29] {Threei} market spikes again, let's see if CREE is capable of breaking that wall
[13:34] {bruce} back
[13:39] {curtisweese} cree is trying .....lol
[13:40] {dino} ivgn l .50
[13:40] {Threei} {CREE} why are you laughing at me?
[13:41] {dptl} ya...my finger is turning blue
[13:41] {Threei} lol
[13:43] {Threei} too bad it's not shortable
[13:43] {curtisweese} now you want to short CREE ...poor CREE
[13:45] {Threei} it's a long if breaks 34 and short if can't - but with such tight stop I wouldfeel comfortable taking short position and closing it and switching to long if it breaks
[13:46] {Threei} however since you are unavailable for shorting, CREE, how about you indulge us and set up long?
[13:47] {curtisweese} that block at 34 is getting really small now finally! :)
[13:47] {Threei} I dunno about getting small... MADF and BOOK dtill show quite a size
[13:48] {Threei} dtill = stil
[13:48] {Threei} l
[13:51] {Threei} here we go
[13:52] {Threei} come on CREE
[13:52] {Threei} move your heavy butt
[13:53] {lumdus} hmm, you see something moving vad.. interesting :)
[13:53] {curtisweese} i got in at 34
[13:53] {dptl} stop .85?
[13:53] {bruce} die creee
[13:53] {Threei} yes dp
[13:53] {Threei} just under
[13:53] * Threei slaps bruce around a bit with a large trout
[13:58] {Threei} poor dp... his finger went blue on entry, now it goes dark blue waiting for exit
[13:58] {dptl} lol
[14:00] {bruce} otex looks like short now dino
[14:01] {Threei} 1:1 for some finger relief dp... you may want to apply hydrocortizon to that
[14:01] {dino} can't get it
[14:01] {dptl} i'm out +.14
[14:01] {dptl} ty
[14:01] {Threei} welcome... sorry about body harm, didn't mean to cause that
[14:02] {dptl} lol
[14:02] {Threei} I'll try to compensate with some extra shishkebab when you are visiting island :)
[14:03] {dptl} sounds great
[14:03] {bruce} me either - just as well - still rising for moment
[14:04] {bruce} wbmd back to low dino
[14:04] {dino} wbmd?
[14:04] {dino} y, db on it?
[14:05] {bruce} probably will go lower at this point is my thgought
[14:05] {dino} i took it at .06, sm l
[14:05] {bruce} k
[14:07] {dino} too soon
[14:07] {bruce} yep
[14:08] {bruce} going to just watch it for a bit here
[14:09] {bruce} I exptected it to break 30 earlier - when it didn't got me thinking it was still pretty weak
[14:09] {dino} you were right
[14:10] {dino} m,y stop is .66
[14:10] {dptl} vrsn again
[14:12] {Threei} TASR?
[14:13] {Threei} no news that I see
[14:14] {curtisweese} tasr, foreign country big order
[14:14] {curtisweese} on cnbc now
[14:14] {bruce} probably canada curtis
[14:15] {bruce} we need a bunch of them to keep vad in line
[14:15] {Threei} shesh
[14:15] {Threei} that's 7:30 am news
[14:15] {Threei} pretty much stalled now
[14:16] {bruce} rimm wants to go long
[14:16] {Threei} too bad it's not shortable
[14:16] {Threei} TASR I mean
[14:18] {lumdus} i want to short amzn on a bounce.. but don't look like one
[14:19] {Threei} should bounce now
[14:19] {lumdus} have short amzn 75.35 if possible
[14:19] {Threei} closest resistance for stop placement is .50
[14:20] {lumdus} yeah, that's why i though .35 .. but i doubt i'll get it. looks damm weak. very weak
[14:20] {Threei} market weakens more, yeah
[14:20] {Threei} but you know how it goes these days
[14:21] {Threei} everything looks ready to go to hell in basket, and we are getting bounce, then new highs, lol
[14:21] {lumdus} you said that right.
[14:22] {dino} aey stopped -.02
[14:23] {lumdus} long csx 48.65
[14:23] {lumdus} stop on csx 48.47
[14:23] {Threei} DRYS
[14:24] {Threei} HEARING NEGATIVE CHATTER FROM BOUTIQUE FIRM CONCERNING POSSIBLE WHISTLEBLOWER CASE (
[14:26] {lumdus} short amzn 75.14 stop 75.29
[14:28] {dino} ivgn stopped -.33
[14:28] {lumdus} tighten amzn stop to 75.26 if it don't go now.. don't like it
[14:29] {Threei} time for it to lose 75...
[14:30] {lumdus} i am pushing it hard.. don't know why it no go
[14:31] {lumdus} ok, now bamm
[14:31] {bruce} trying ivgn long here dino w stop under 86
[14:32] {lumdus} amzn stop 75.21
[14:32] {lumdus} not a convincing drop on amzn yet.
[14:33] {lumdus} amzn go down csx need to go up and then both good boy
[14:33] {lumdus} amzn stop b/e 75.15 csx, stop 48.56
[14:37] {lumdus} stop on amzn 75.04 (protect some profit)
[14:43] {Threei} guys, watch AMZN level 2 please, want to show you something
[14:43] {magoo} k
[14:43] {lumdus} ok..
[14:43] {lumdus} out amzn +.10
[14:43] {lumdus} watching now..
[14:44] {curtisweese} nyny heading towards 2.50 if that matters still :)
[14:44] {lumdus} stop on csx 48.62
[14:45] {Threei} here it is
[14:45] {Threei} the pattern that I wanted to show you:
[14:45] {lumdus} what pattern ?
[14:46] {Threei} bids and offers move in a kind of ladder way,
[14:46] {Threei} while there is no real movement and very few prints,
[14:46] {Threei} they (bids and offers) move by 10-15 cents quickly up and down
[14:46] {Threei} usually it happens when NQ stalled
[14:46] {Threei} so there is no real move,
[14:47] {Threei} and sometimes it happens during the move, kind of sudden shakeout.
[14:47] {Threei} many attribute this phenomenon to program trading
[14:47] {Threei} computer-generated move
[14:47] {Threei} whatever it is, it has two uses
[14:48] {Threei} first, for "normal" trading it oftne gives a better entry or exitr
[14:48] {lumdus} but sheake us out alot
[14:48] {Threei} if you trade this kind of stocks often, you surely observed this
[14:49] {Threei} second, when you don't have anything else to trade and market is locked in tight range or uncertain,
[14:49] {Threei} those teleporting bids and offers can be used for a quick scalp
[14:49] {Threei} smal but very quick and easy
[14:49] {curtisweese} there went nyny spike
[14:49] {Threei} those program generated bids and offers are usually thin and there are 3-5 of them
[14:50] {lumdus} vad, you need to move very fast and i found that you can't real sell them .. unless you have very small lot.
[14:50] {Threei} so position should be small enough to grab the liquidity shown on level 2
[14:50] {lumdus} anything more then 1K it's really not good for.
[14:50] {Threei} even 1K will probably be too big for this kind
[14:51] {Threei} it's for a quick small money
[14:51] {lumdus} right
[14:51] {Threei} kind of lunch money
[14:51] {Threei} but then again... 1K for this kind of stocks is too big for most traders anyway
[14:52] {lumdus} csx stop b/e 48.65 .. damm what a slow stock
[14:52] {Threei} and btw lum... I don't know what you mean by "can't really sell to them"
[14:52] {Threei} I do
[14:52] {Threei} gotta be very fast, yes
[14:52] {Threei} on both entry and exit
[14:54] {Threei} I don't suggest it as method of trading for everyone or for all times, it's for those who want to extract some small quick money while there is nothing else to do, and who can trade in and out of position very quickly
[14:54] {Threei} mags
[14:55] {Threei} look at NYNY...
[14:57] {magoo} yeah
[14:57] {lumdus} out csx +.05 crap get move
[14:58] {dino} decc
[14:58] {dino} i hear ya lum
[14:59] {lumdus} yeah, dino. let me find my next target
[15:00] {dino} clumsy moves today, either gappy or nothing
[15:00] {dino} not my type of mkt
[15:02] {dino} back in 10
[15:04] {lumdus} short wlp 75.54 stop 75.61
[15:07] {magoo} vad, what u looking at in last hour?
[15:08] {Threei} shamelessly scalped NYNY couple times
[15:09] {Threei} lookinf at UDRL, trying to see if there is anything to do with it
[15:10] {Threei} toughie... would prefer it to finish here and break out tomorrow
[15:10] {Threei} that would be a trade I'd take with my eyes closed
[15:10] {Threei} break today, not sure
[15:14] {Threei} SOLF,
[15:14] {Threei} .60 support,
[15:14] {Threei} FSLR makes new highs,
[15:14] {Threei} if NQ turns up again too, worth a try
[15:15] {Threei} the closer to .60 the better
[15:15] {Threei} WHITE HOUSE ECONOMIC ADVISOR LAZEAR: DOES NOT THINK THE US IS CURRENTLY IN RECESSION, GROWTH REMAINS POSITIVE - WIRE HEADLINE- Has not seen long-term unemployment trending higher, about at level of mid 90's
[15:16] {Threei} SIX US LENDERS TO RELEASE PLAN TOMORROW TO STOP FORECLOSURE ON SOME DELINQUENT BORROWERS
[15:21] {lumdus} watching WLP is like watching paint dry
[15:24] {lumdus} tried to get rimm on pullback. i think will have nice eod run
[15:24] {lumdus} in rimm 94.72 stop 94.57
[15:28] {dino} mall l .49 stop lod
[15:29] {lumdus} common rimm. you are my last trade of the day. show me you work hard..
[15:30] {Threei} anyone got SOLF, look for exit on the next spike and don't let it lose .90 on you
[15:30] {lumdus} .62 stop on rimm
[15:34] {dino} cplp
[15:35] {lumdus} out rimm -.10 done for the day
[15:35] {lumdus} goodnight all. overall crappy slow market
[15:35] {magoo} c u lum
[15:35] {Threei} take care lum
[15:36] {dino} later lim
[15:36] {dino} lum
[15:36] {bruce} bye lum
[15:43] {Threei} day after day I am looking at IDMI and for the world of me can't find clean short entry
[15:46] {dino} wbmd stopped flat
[15:46] {bruce} gutsy trying it again dino
[15:47] {dino} pain in the azz
[15:47] {bruce} yes
[15:48] {dino} mall stop to .59
[15:49] {dino} to .63
[15:51] {Threei} 1800 is kind of defining level for NQ
[15:51] {Threei} stalled right when it hit it today
[15:51] {dino} to .67
[15:51] {Threei} if breaks it tomorrow with determination, will probably stage another rally
[15:52] {Threei} which means magoo will buy all RIMM there is, so we are left with nothing to play
[15:53] {dino} artc spike
[15:55] {dino} mall to .74
[15:56] {Threei} OK guys, thank you all
[15:56] {Threei} have a good evening, see you tomorrow
[15:57] {dino} cya vad
[15:57] {magoo} ty vad
[15:57] {bruce} night vad
[15:58] {Threei} Wed is BIDU and FSLR
[15:58] {bruce} you trade em his late in day dino?
[15:59] {dino} out mall .77, +.23
[16:00] {dino} opps, +.28
[16:01] {dptl} have a good evening all
[16:01] {dino} y bruce, why not
[16:03] {bruce} just asking dino market dries up on close - haven't had much success with pre and post market stuff
[16:04] {dino} np bruce, just my thinking "why not", i usually have to get out of something, sometimes they move into close (probably because of traders like me )
[16:07] {bruce} lol k
[16:07] {dino} cutr crushed
[16:07] {bruce} have seenlots of quick moves into close
[16:07] {bruce} but always try to get flat on close
[16:07] {bruce} toght day\you do OK
[16:07] {bruce} ended flat
[16:07] {bruce} couldn't get reversals to work today
[16:08] {dino} yes up about 400, below what i'm supposed to get
[16:09] {bruce} k - glad it still worked out
[16:10] {bruce} basically - with your style
[16:10] {bruce} looks like we want to ry to grab em all
[16:10] {bruce} and with luck
[16:11] {bruce} we get 1 or 2 nice ones a day average
[16:11] {dino} yes, usually i get one that takes care of most of my daily
[16:12] {dino} thats the one magoo never takes
[16:12] {magoo} u up today bruce?
[16:12] {bruce} flat today mags
[16:14] {magoo} i had daily goal @ noon..lost all afternoon
[16:14] {magoo} down 500
[16:15] {bruce} sorry mags
[16:15] {bruce} kind of choppy market today
[16:17] {bruce} you ever use constant tick charts dino?
[16:21] {dino} level II and I
[16:23] {bruce} k -same
[16:23] {dino} charts, 1 min, 3 min on 1 day, 3 min. 5 day, weekly/52, weekly 104
[16:26] {bruce} k
[16:27] {bruce} no weeklyavailalbe in laser
[16:27] {bruce} just use intraday and daily
[16:28] {dino} can you get 5 day, gives pretty good targets/ranges
[16:31] {bruce} k - good idea - never tried 5 day range before
[16:37] {dino} take care all
[16:37] {bruce} just adjusted charts
[16:37] {bruce} thanx dino
[16:38] {bruce} yep - night all
[16:38] {dino} it helps w/stop levels
[16:38] {bruce} I was only showing 1 day in my intraday
[16:38] {bruce} I see your point now in looking at the chart revisions
[16:39] {bruce} night
[16:39] {dino} i use both, 1 and 5, only a click away
[16:39] {dino} gn
[16:39] {magoo} gn bruce

Friday, February 8, 2008

February 08 2008

Session Time: Fri Feb 08 00:00:00 2008


Session Start: Fri Feb 08 01:25:43 2008
[01:25] *** Now talking in #discussions

Session Start: Fri Feb 08 07:47:00 2008
[07:47] *** Now talking in #discussions
[07:47] -Threei- [Welcome-#floor] Welcome to the RealityTrader Floor. This room is read only. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
[08:31] {magoo} mornink comrades in arms
[08:31] {patience} morning magoo :)
[08:32] {hawkfan4} mornink all :)
[08:38] {magoo} someone go wake up the russian bear : )...we got work to do
[08:38] {Threei} I don't want to
[08:38] {Threei} but common decency does make me say Good morning
[08:40] {magoo} vad ; )
[08:40] {magoo} whats it 5:30 a.m there??
[08:43] {Threei} yup
[08:54] {dptl} good morning all
[08:54] {Threei} dp :)
[08:58] {cosmo} be careful with that common decency
[08:59] {cosmo} ....someone could take offense
[08:59] {Threei} hmm
[08:59] {Threei} deep... need to ponder... be back in a month
[08:59] {cosmo} well... its deep
[09:00] {cosmo} CTSH
[09:00] {esemde} mags hawk dp cos jmb Vad patience...morning
[09:00] {cosmo} 31.50 high so far
[09:01] {Threei} ese :)
[09:01] {magoo} ES : )
[09:04] {esemde} I do believe it's friday.......1st week second semester done....
[09:05] {cosmo} are there still just two semesters?
[09:06] {esemde} at our school there is....
[09:06] {esemde} there is talk about all year round
[09:07] {cosmo} oh...canada...
[09:08] {cosmo} i always had to go to summer school... but, no matter...
[09:09] {cosmo} TSTR
[09:10] {cosmo} TerreStar Announces Strategic Investment by EchoStar, Harbinger & Other Investors -- Transaction Facilitates Funding through Satellite Launch and will Enhance TerreStar's Nationwide Spectrum Footprint
[09:10] {cosmo} Business Wire (Thu 4:30pm)
[09:16] {esemde} interesting indicator...QID declining premarket
[09:17] {Threei} 'cause NQ upticking a bit
[09:17] {esemde} yes indeed
[09:22] {Threei} overall, make no mistake we are in bear market,
[09:22] {Threei} recent rally is nothing more than relief rally
[09:23] {Threei} underlying selling pressure is enormous
[09:23] {magoo} calpin friday is the courses
[09:23] {magoo} scalpin
[09:25] {Threei} after almost 4 months of backpacking over SE Asia, my son returns home today
[09:26] {magoo} nice vad
[09:26] {Threei} big relief... :)
[09:26] {magoo} i bet
[09:32] {esemde} I know how i'd feel bout that one...
[09:32] {dino} gm all
[09:32] {lumdus} gm all
[09:32] {Threei} dino :)
[09:32] {Threei} lum :)
[09:33] {Threei} I don't see any COIN news
[09:33] {Threei} touching 10.10 resistance
[09:33] {dino} coin rev sharlk pick
[09:33] {Threei} ah
[09:33] {Threei} ty
[09:34] {dino} prison recycling system delivery coin
[09:34] {Threei} this one has nice potential, just not in general selling atmosphere
[09:34] {Threei} COIN
[09:34] {Threei} TICKING HIGHER, HEARING STRENGTH BEING ATTRIBUTED TO POSITIVE GARTMAN NEWSLETTER MENTION
[09:35] {esemde} NQ SHoots up....whoaaa
[09:35] {Threei} COIN trying with it
[09:35] {lumdus} looks like happy hour now.. wow look at everything go
[09:36] {esemde} talk about being dumped JASO}}}}}}}
[09:36] {esemde} nawww that can't be....
[09:36] {Roman}
21 JASO spliet
[09:36] {Roman}
21 split 3-1
[09:37] {esemde} phewwww.....that i was going crazy for a second
[09:37] {Roman}
21 i was up at 7:30 a.m. wanting to buy all i can at 16
[09:37] {esemde} get anything
[09:37] {dino} de l .92
[09:37] {esemde} did you know the split was coming
[09:37] {Roman}
21 no i didn't know
[09:38] {Roman}
21 then i checked the news so it wasn't as interesting
[09:38] {esemde} ]how so?
[09:39] {Roman}
21 why would i buy all i can on the split news at market price?
[09:39] {Roman}
21 if it was a short-term panic , i would consider loading up
[09:39] {esemde} of course....ese you dope.....
[09:39] {Threei} if you feel COIN is momo play, try to get it on pullback
[09:40] {Threei} this is one of those that more often fails on breaks
[09:40] {magoo} i was gonna say..tends to die out quick and sit all day
[09:40] {dino} de stopped -.42
[09:40] {Threei} see how deep its pullbacks arwe?
[09:41] {Threei} buy break on it, you are doomed - even if it does move higher in a course of the day
[09:41] {Threei} grab pullback into strong support, you ate least get tight stop and chance to scalp or partial out
[09:41] {bruce} yes .49 for me dino
[09:43] {dino} sorry
[09:43] {bruce} it happnes
[09:43] {dino} ctsh
[09:43] {bruce} ctsh strong
[09:44] {Threei} if anyone took COIN closer to 10, stop is under 9.90 and try to exit or partial into this spike
[09:45] {dino} de big rinse
[09:45] {dino} eqix drop
[09:45] {Threei} SEC'S COX SAYS MAY PROPOSE RULES FOR CREDIT RATING AGENCIES
[09:45] {Threei} a lot of things happening in credit industry
[09:46] {Threei} some of them are beyond ugly
[09:46] {dino} de last try off of .00 sm imo
[09:46] {dino} nah
[09:47] {bruce} k- skipping de
[09:48] {Threei} KLAC is a little weaker than market
[09:48] {dino} ok de l .oo
[09:48] {Threei} if we get sharp spike down in NQ, will be a short candidate if gives delay for entery
[09:48] {dino} sm wide
[09:49] {Threei} volatility is a bit too big again this morning so keep size reasonable
[09:49] {dino} mkt feels up imo
[09:49] {esemde} was thinkin the same thing dino
[09:50] {dino} great minds :)
[09:50] {esemde} but who knows these days....thats whai i said about last friday
[09:50] {esemde} and look what happend
[09:50] {Threei} if market elects up, I would use BRCM as long candidate
[09:51] {magoo} why not nvda vad?
[09:51] {dino} es, i ment for just a bit,
[09:51] {Threei} BRCM green while market is red
[09:51] {Threei} NVDA red
[09:52] {dino} sfsf
[09:52] {Threei} just going with relative strength
[09:52] {dino} too thin
[09:52] {Threei} BRCM is more willing
[09:52] {magoo} ok, glad i asked
[09:52] {Threei} NVDA will go up if market does too of course
[09:52] {esemde} I'm glad you asked.....
[09:52] {Threei} BRCM is just easier traget
[09:53] {esemde} didn't want to appear goofy if it was a bad question....yuk yuk
[09:53] {Threei} the only bad question is one you never asked...
[09:53] {dino} 3i w/his deep fridays
[09:53] {esemde} yes indeed......
[09:54] {Threei} don't overestimate the depth dino... it's just my way to look wise and not trade {G}
[09:55] {esemde} welllllll.....you wise works for me
[09:55] {bruce} nuan break vad?
[09:56] {lumdus} in chk break of .92 with .79 stop
[09:57] {Threei} if we get market help bruce... NUAN isn't easy stock overall, let alone when market works against it
[09:57] {bruce} k
[09:58] {lumdus} chk needs to break 38 for me to start smiling
[09:59] {esemde} SOLF breeched days high
[09:59] {esemde} so did SP
[10:00] {Threei} *DEC WHOLESALE INVENTORIES: 1.1% V 0.3%E
[10:01] {dino} cut de again, done w/it
[10:02] {bruce} aci as break candidate vad?
[10:02] {lumdus} stop on chk 37.93 needs to break 38 now .. no more crap
[10:03] {Threei} with tight stop bruce .15
[10:04] {bruce} k
[10:05] {esemde} 2 day High coming with SOLF ....
[10:06] {lumdus} chk starting to work a little - i hope much more to come
[10:07] {Threei} another spike is likely here, AAPL small long
[10:07] {Threei} stop under 124
[10:08] {Threei} in
[10:08] {Threei} .15
[10:08] {Threei} out +.20
[10:09] {Threei} scalps R us
[10:09] {dino} gj
[10:09] {Threei} KLAC aggresive short
[10:09] {Threei} stop .51
[10:10] {dino} vnus
[10:10] {magoo} sh klac
[10:10] {Threei} whatcha get?
[10:10] {magoo} .34
[10:10] {magoo} and u?
[10:11] {Threei} .39
[10:11] {Threei} had a shot at .44 but missed it while typing alery
[10:11] {magoo} yeah, i went higher too missed fill
[10:11] {magoo} full lot here
[10:12] {magoo} so ill be scalpin
[10:12] {magoo} 1 more drift down i'd be gone
[10:12] {Threei} me too, stop is tight enough
[10:12] {lumdus} stop on chk 38.09
[10:13] {Threei} NQ greening
[10:13] {dino} vnus s .86
[10:13] {lumdus} i can't take looking at AAPL let alone trade it. i need the slow and steady .. chk show them who's boss Ha ha
[10:14] {Threei} AAPL cross back over 124 was buy signal that I missed
[10:14] {magoo} mkt loses ground..aapl short artea
[10:14] {dptl} qcom?
[10:15] {Threei} valid break if we get another upward break, dp
[10:15] {dino} phtn s .47, stop .61
[10:15] {dptl} ok
[10:16] {Threei} better yet dp
[10:16] {Threei} don't wait for break
[10:16] {Threei} market spikes, grab it off pullback's low
[10:16] {Threei} and scalp
[10:16] {dptl} ok
[10:16] {Threei} breaks are unreliable today
[10:17] {Threei} bounces give you much better r/r ratio
[10:17] {Threei} also, important distinction
[10:17] {Threei} do not jump in on just another fut uptick
[10:18] {Threei} wait for ideal situation which is:
[10:18] {Threei} NQ sharp big spike, your follower stock gives delay before following it
[10:18] {Threei} if there is no delay or if NQ just slowly upticks, you missed trade, so be it
[10:18] {lumdus} chk stop 38.18
[10:19] {Threei} better than get in this trap of jumping in on any accidental green
[10:19] {Threei} that fails in a minute
[10:19] {curtisweese} what is chart symbol for nq? it never pulls up for me. :(
[10:20] {Threei} it won't unless you pay separately for futures feed
[10:20] {curtisweese} that is futures right?
[10:20] {curtisweese} ahhh i see
[10:20] {Threei} at least it's so with all brokers/chart softwares I am aware of
[10:20] {Threei} use NDX or QQQQ
[10:20] {Threei} good enough as a proxy
[10:20] {curtisweese} i have to pay for a crystal ball...i get it
[10:20] {Threei} NQ isn't
[10:20] {Threei} don't spend more money than you have to
[10:21] {Threei} stop to .41 KLAC
[10:21] {lumdus} vz weak. just would like it closer to .50 to short
[10:21] {dino} vnus bstop to .49
[10:21] {Threei} covered half at .26... regretting that half only now, lol
[10:23] {dino} vnus to .39
[10:23] {lumdus} out chk 38.18 +.28
[10:23] {lumdus} short vz 36.37 stop .45 for now
[10:23] {dino} gj lum
[10:24] {lumdus} let's hope so..
[10:24] {dino} vnus to .31
[10:25] {Threei} watch AAPL for 125 break if we get new NASDAQ highs
[10:25] {curtisweese} then buy right? don't short it, right? lol!!!
[10:25] {dino} highs? what are you smoking
[10:26] {Threei} let me look
[10:26] {dino} lol
[10:26] {dino} vnus to .22
[10:26] {Threei} hmmm... no label
[10:26] {Threei} no duty stamp
[10:27] {dino} to .13
[10:27] {dino} to .04
[10:28] {Threei} you are relentless dino
[10:28] {dino} bruce hope you got it
[10:28] {Threei} poot VNUS stands no chance
[10:28] {dino} the dark side
[10:28] {dino} now let go
[10:29] {dino} cov .07, +.79
[10:29] {curtisweese} nice\
[10:29] {dino} thx lucky
[10:29] {bruce} missed it dino
[10:29] {bruce} in phtn though
[10:29] {dino} should've got stopped long ago, real tight
[10:30] {lumdus} t going
[10:35] {dino} sm s ctsh .99, stop .36
[10:38] {dino} ctsh bstop to .11
[10:40] {magoo} lookinbg at anything short vad?
[10:40] {magoo} i watching aapl, rimm, ctsh
[10:40] {Threei} I am looking at a lot of tyhings mags, but I am not so sure it's short we need to look for
[10:40] {magoo} only if naz rolls over though
[10:41] {Threei} it's very inconclusive right now
[10:41] {magoo} agrree
[10:41] {Threei} and one thing I hate is to short stalled market
[10:41] {dino} short / long, potatoe / potato
[10:41] {Threei} it tends to surprise with sharp spikes
[10:41] {lumdus} spwr long
[10:43] {dino} phtn tighten bstop to .52, sloooooow one
[10:43] {lumdus} out spwr 1/2 65.50 + .43
[10:43] {lumdus} out rest .78
[10:43] {lumdus} +.73
[10:43] {Threei} not good lum
[10:43] {curtisweese} lol
[10:44] {lumdus} hoh shoot much more to go dammit
[10:44] {Threei} noone is allowed that much profit on Friday
[10:44] {Threei} you are going to have to return half
[10:44] {bruce} nice lum
[10:44] {bruce} oops
[10:44] {lumdus} vad, but that was easy money. had excellent chart
[10:44] {dino} lum hot hand today, gj
[10:44] {esemde} you appear to be correct dino....it's lookin up today
[10:44] {bruce} here comes vad tax lum
[10:44] {Threei} clean break, yes
[10:45] {lumdus} back in chk fyi
[10:45] {lumdus} i think next spike on the way.
[10:47] {lumdus} hey, even DIS looking good. geesh what a country
[10:48] {dino} ctsh not moving bstop top flat
[10:48] {Threei} if this is last pullback before decisive break for the nasdaq, AAPL is back on the deck as breakout play at 125, and BRCM at 21.70
[10:49] {Threei} with AAPL I'd prefer aggressive entry
[10:49] {Threei} with BRCM actual break
[10:49] {dino} stopped ctsh flat
[10:49] {lumdus} the big f
[10:50] {Threei} here is AAPL entry level with NQ strength
[10:50] {bruce} phtn froxen - your thoughts on holding it dino?
[10:50] {magoo} in aapl long .49
[10:51] {lumdus} holding my breath for magoo and the rest
[10:51] {dino} oyog
[10:51] {dino} phtn hard stop at .51 bruce, let it trade, imo
[10:52] {dino} grrr ctsh, drops as soon as i cov
[10:52] {magoo} l brcm .70
[10:52] {curtisweese} come on aapl!!
[10:52] {bruce} k
[10:52] {Threei} should touch 125 now
[10:52] {Threei} half out
[10:53] {magoo} out .94 TY
[10:53] {Threei} welcome sir
[10:53] {magoo} very nice read
[10:54] {Threei} brrrrreak AAPL
[10:54] {Threei} hey... not just break, continue too
[10:55] {Threei} lol, offered 125.15, thing topped out at .10
[10:55] {Threei} anyway... stop is breakeven for the balance
[10:55] {magoo} .09 would been better lol
[10:55] {Threei} obviously
[10:55] {Threei} lol
[10:56] {magoo} back in .69
[10:56] {Threei} out in full .95
[10:58] {dino} oyog s sm .30 stop hod
[10:58] {dino} hmmm careful
[10:59] {bruce} thinking exit of ctsh about .50 if we get there dino
[11:00] {lumdus} both dis and chk 2:1
[11:00] {lumdus} so far
[11:00] {dino} gj bruce, i stopped flat ctsh
[11:00] {bruce} all out ctsh .49
[11:00] {dino} gj
[11:01] {bruce} thax
[11:01] {magoo} forgot, out 2nd aapl @ .89
[11:01] {Threei} not good mags
[11:01] {Threei} profited twice on one stock
[11:02] {magoo} horribl;e
[11:02] {bruce} flat - you didn't hold ctsh?
[11:02] {Threei} you guys have no mercy
[11:02] {Threei} lum with his indecently sized wins
[11:02] {curtisweese} hahaha
[11:02] {Threei} magoo with his indecently numerous wins
[11:02] {curtisweese} i love it when girls tell me i'm indecently sized
[11:02] {dino} making me mad
[11:03] {dino} lol
[11:03] {Threei} if anyone asks, I don't know any of you
[11:03] {lumdus} hey vad, you are the teacher .. we make the money :)
[11:03] {bruce} I'm back to flat for day now - hqanx for ctsh - neded that
[11:04] {dino} then it's time to make some
[11:04] {bruce} you bet
[11:05] {lumdus} will all cheer you on bruce.. let's get em !!
[11:05] {curtisweese} down $4 today
[11:06] {lumdus} with commission or without curtis ?
[11:06] {dino} oyog stopped strange one
[11:06] {curtisweese} with
[11:06] {lumdus} that's ok for the day
[11:06] {curtisweese} yep
[11:07] {curtisweese} aapl is tryin
[11:07] {magoo} up..down..always includes coommission because thats the reality of it
[11:07] {lumdus} dis stop 32.14 chk for now 38.39
[11:07] {magoo} dino slap u if u don't just give him your NET
[11:07] {dino} indeed
[11:07] {magoo} i kONE
[11:08] {magoo} I KNOW
[11:08] {curtisweese} there it goes aapl
[11:08] {magoo} kone=know..SIGH
[11:08] {dino} and curtis, in this business flat or up is a good day, imo
[11:09] * magoo slaps Chaeron around a bit with a large trout
[11:09] {Chaeron} thanks
[11:09] {magoo} lil help vad
[11:09] {lumdus} stop on chk 38.46 and dis still 32.14 real jumpy today
[11:10] {Chaeron} new highs
[11:10] {Threei} I am sure it does... but I weas saving energy for laserdave... it's friday, not that much energy
[11:10] {Threei} on second thought, bird in hand...
[11:10] * Threei slaps Chaeron around a bit with a large trout
[11:10] {Chaeron} mags... what did *I* do?
[11:11] {magoo} thats the beauty of it chaer
[11:11] {dino} ipcc
[11:11] {magoo} not a thing
[11:11] {curtisweese} newbie shorting aapl at .42
[11:11] {magoo} out brcm .80
[11:11] {magoo} dime
[11:12] {magoo} just wanted the moolah i guess
[11:13] {magoo} watch it newman,...feels up imo
[11:14] {curtisweese} out aapl short +.23
[11:14] {curtisweese} or -.23 since i shorted
[11:14] {magoo} nice..sorry about my earlier read
[11:15] {magoo} KLAC sh vad??
[11:15] {dino} epg
[11:15] {Threei} market is uptrending... until we see trend reversal, not sure about shorts other than for quick scalp off obvious resistance
[11:16] {curtisweese} in on aapl at .15 now
[11:16] {curtisweese} doh!
[11:17] {curtisweese} out down .10
[11:17] {magoo} vad...i'm always meaning scalps
[11:17] {curtisweese} too tight of a stop i guess :(
[11:17] {lumdus} dis + .28
[11:17] {lumdus} out chk +.45 done for them today
[11:17] {dino} gj
[11:17] {bruce} you were right about de going long dino
[11:18] {bruce} stopped on aapl long -.30
[11:19] {lumdus} in xrx 15.44
[11:20] {lumdus} i should keep a tight stop on it. but it looked very good and it's not 11:30 lunch time yet
[11:20] {dino} gmxr
[11:22] {dino} sblkw
[11:24] {bruce} watching oyog for weakness now dino
[11:25] {Threei} if last few sessions is any indication, we are aboput to break down and sell off deeply into red
[11:26] {dino} me too, but it's a strange one
[11:26] {dino} go sm
[11:27] {esemde} then I'm pulling for dino's analysis....mrkt feels up....
[11:27] {magoo} if so vad..big short potential rimm, aapl,
[11:27] {bruce} petd dino
[11:28] {Threei} multipoint for both
[11:28] {Threei} I just don't have exact setups for now
[11:28] {Threei} but will scream if I do
[11:28] {dino} ese, my up feel was only for that brief time for a trade. no feel now
[11:29] {Threei} AAPL probably worth a try on the nearest bounce
[11:29] {esemde} dino baby!!!! don't leave me hangin......
[11:29] {esemde} me thinks your right though
[11:30] {esemde} someone have a look at SOLF 15min chrt for me
[11:30] {magoo} i can't HATE it
[11:30] {esemde} it's looking like a rounded bottom....
[11:30] {dino} s petd bruce .01 stop hod
[11:31] {Threei} here comes AAPL bounce
[11:31] {esemde} thats a nice tech sign if markt goes it's way....following this stock like a hawk
[11:31] {Threei} doesn't look convincing
[11:32] {esemde} i have 13 ma and 34 ma on it...the 34 ma rounding nicely
[11:33] {Threei} .30 nearest resistance, short it as long as you are fine with this stop size and as NQ shows down again
[11:33] {esemde} my appologies...wrong board for all this tech talk
[11:35] {lumdus} vad, you talking about shorting aapl ?
[11:35] {curtisweese} die aapl
[11:36] {lumdus} curtis .. short appl ?
[11:36] {curtisweese} i had at the bounce out now ...wash
[11:36] {dino} petd tighten to .42
[11:37] {lumdus} you scaring me curits.
[11:37] {Threei} lum... scroll last comments
[11:38] {lumdus} yes, i see it out. man, this is high risks ere.. :)
[11:40] {lumdus} vad, do you stop trading at 12:00 or the market can always move..
[11:40] {dino} petd stopped .-45
[11:40] {Threei} no, not completely, just cutting down on activity
[11:41] {dino} taking a break, gone cold
[11:41] {lumdus} i can't see anyhting moving on my screen .. but i just want to see what vad does.
[11:42] {bruce} sory about petd dino
[11:42] {dino} np
[11:42] {bruce} I got it at .39 - going to hold to .65
[11:43] {lumdus} vad, you think rimm looks like it's going to fall apart. lower lows.
[11:43] {lumdus} hmmm. i got my answer
[11:43] {Threei} NQ drops, so does RIMM
[11:43] {Threei} it's a follower
[11:44] {lumdus} let me know when to cover .. 87.91 short
[11:44] {magoo} sh rimm .80
[11:44] {curtisweese} sh aapl at 125
[11:44] {magoo} sh saapl .90
[11:44] {magoo} snall
[11:44] {lumdus} nq going up or down ?
[11:45] {magoo} thought down.but who knows?
[11:45] {magoo} thats why small
[11:45] {Threei} trying support
[11:45] {curtisweese} covered all
[11:46] {curtisweese} +.30 (or -.30 with the short) :)
[11:46] {lumdus} ok, keep us updated .. here
[11:46] {magoo} die NAZ DDIIIIIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
[11:47] {lumdus} magoo still short rimm.. i have stop b/e
[11:47] {magoo} yes
[11:49] {magoo} death to nazzzzzzzzzzzzzzzzzzzzzz
[11:50] {magoo} ddddddddddddddddddiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiieeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
[11:50] {lumdus} stop on rimm 87.66 for me. lock in .30 profit
[11:51] {magoo} sure..not an easy ride
[11:51] {Threei} NQ came to the next support
[11:51] {lumdus} i am working off the 3 min. i am just going to keep adjusting my stop with this
[11:51] {Threei} likely to bounce here
[11:51] {curtisweese} got another aapl short +.40
[11:51] {lumdus} ok, getting out
[11:51] {lumdus} .22 out !
[11:52] {lumdus} +.70
[11:52] {Threei} you guys
[11:52] {curtisweese} whew!!1
[11:52] {Threei} I am deeply disgusted
[11:52] {curtisweese} cringe...shudder....
[11:52] {lumdus} you mad at us ?
[11:52] {dino} fstr
[11:52] {Chaeron} aeis
[11:52] {Threei} "mad" is too strong emotion for friday
[11:52] {curtisweese} lol
[11:53] {curtisweese} peeved?
[11:53] {lumdus} tx vad for the coaching .. great job today .. i feel like i am just leaning on you.
[11:53] {Threei} glad to be of help
[11:53] {magoo} out rimm .30
[11:53] {magoo} out aapl .50
[11:53] {Threei} very rewarding to see you guys trading like this
[11:53] {magoo} don't know how much
[11:53] {dino} aeis
[11:54] {Threei} bounce like clockwork
[11:54] {lumdus} short amgn 46.25 stop 46.31
[11:54] {lumdus} magoo what you mean you don't know how much ?
[11:55] {Threei} hehe
[11:55] {Threei} I know
[11:55] {magoo} tell him
[11:55] {Threei} he meant that his math abilities do not allow him to calculate profit
[11:55] {lumdus} hmm, no telling secret in public - ok ?
[11:55] {Threei} now ask me how I know
[11:55] {magoo} see, i was all about the breakdown and support bounce
[11:55] {magoo} was not counting cash
[11:56] {Threei} and that's rhe way to do it...
[11:56] {magoo} actually forgot entries unless imnscroll up
[11:56] {lumdus} i wonder if i could count.. i am sure sometimes i am off. the screen doesn't tell me much
[11:56] {Threei} trade off your read, money will follow
[11:56] {Threei} (unless you can't read of course)
[11:56] {bruce} half out petd +.38
[11:56] {Threei} see, bruce can
[11:57] {esemde} well .......nice read on mrkt.....your correct Vad she be heading down.....
[11:57] {Threei} and his math is good too
[11:57] {magoo} summary shows up $300 bux on those two..so whatever
[11:57] {lumdus} the first day thta i am getting action. watied all week to get some traction and do some trading. i guess you just need to wait.. too bad
[11:57] {Threei} ty ese
[11:57] {Threei} well lum, to be fair... you skipped 3 days out of 5 {G}
[11:57] {dino} iosp sm s .70
[11:58] {magoo} short FSLR 100 shartes @ .30
[11:58] {magoo} RISKY
[11:58] {lumdus} huh ? 2 days. One day was beautiful so i had to take a boat. and one day was out by a wedding.. give me a break there.
[11:58] {magoo} lazy
[11:58] {magoo} he he
[11:59] {Threei} lol
[11:59] {dino} forr
[11:59] {magoo} no boating while markets open
[11:59] {lumdus} man, they get on me here.. folks, slap magoo and vad for me please.
[11:59] {Threei} really... take laptop on a boat, sail where there is wi-fi...
[11:59] {Threei} now, as far as wedding concerned
[12:00] {Chaeron} don't do it... period :)
[12:00] {Threei} make sure noone pours champaign on your keyboard, and you should be fine
[12:00] {Threei} lol chaeron
[12:00] {lumdus} i woke up to late the trade the next day .. hungover
[12:00] {curtisweese} bounce on aapl or blood bath and keep dropping?
[12:01] {magoo} blood
[12:01] {Threei} hard to tell here curtis
[12:01] {magoo} 1 point on FSLR
[12:01] {magoo} so far
[12:01] {curtisweese} break 124 short? bounce off buy? jeez this is tough!
[12:02] {lumdus} hoh smoke rimm.. just going damm.. :)
[12:02] {Threei} breathe curtis
[12:02] {magoo} out FSLR
[12:03] {Threei} offering VLNC at .30 and won't let it lose .15 on me
[12:03] {Chaeron} petd
[12:04] {Chaeron} sorry... wrong window
[12:04] {magoo} [12:03] {Threei} offering VLNC at .30 and won't let it lose .15 on me
[12:04] {magoo} [12:03] {Chaeron} petd
[12:04] {magoo} ggggggggggggrrrrrrrrrrrrrrrrrrr
[12:04] {Threei} hmm?
[12:04] {dino} phtn bstop to .36
[12:04] {Threei} why is he growling at me?
[12:05] {curtisweese} rabies maybe
[12:05] {magoo} that one f'ed me yesterday
[12:05] {magoo} dog all day, went to take pee..crashed
[12:05] {magoo} sols at bottom
[12:05] {magoo} sols=sold
[12:05] {magoo} cursed u all nite he he
[12:06] {Threei} I don't know mags, you played it against what I called
[12:06] {Chaeron} watching ARUN
[12:06] {magoo} was not my fault..all yours..for its not my fault i blew stop
[12:06] {lumdus} short amzn 73.33
[12:06] {magoo} teasing u
[12:06] {bruce} stpped balance petd +.23
[12:06] {lumdus} stop at .47
[12:07] {Threei} I took small stop, reentered 2.05, stop under 2
[12:07] {Threei} it's almost at 1:3 now
[12:07] {magoo} statistically..no sh@t here...if i blow a stop..99.647 times it kills me....i never even get the lucky market bad habit reinforcement
[12:08] {Threei} what conclusion do you make of it... hmmm...
[12:08] {Threei} tough one
[12:08] {magoo} well......i pretty unlucky
[12:08] {Threei} dp... fess up
[12:08] {magoo} 99.647 analsis
[12:08] {Threei} did you take VLNC overnight?
[12:09] {magoo} NO
[12:09] {magoo} never
[12:09] {dptl} no
[12:09] {magoo} not starting that
[12:09] {Threei} OK... you just asked about my entry so I thought you were interested
[12:09] {magoo} never do..and keeping it that way
[12:09] {dino} iosp bstop to .59
[12:09] {lumdus} let's go amzn .. give me 12 for 12 today. be good boy
[12:09] {Threei} stop to .22
[12:10] {dptl} i was ..and then changed my mind
[12:10] {lumdus} gdx looks nice setup -- long
[12:11] {lumdus} if breaks high
[12:11] {dino} cov phtn .34, +.12
[12:12] {lumdus} ok amzn, can you do it now ?
[12:13] {Threei} out .30
[12:13] {Threei} 2K
[12:13] {Threei} +.25
[12:13] * magoo slaps Threei around a bit with a large trout
[12:13] * magoo slaps Threei around a bit with a large trout
[12:14] {Threei} thank you unknown buyer
[12:14] {magoo} it was me u f'er
[12:14] {Threei} rofl
[12:14] {magoo} kidding
[12:15] {dino} iosp stopped .60, +.10
[12:17] {lumdus} stop on amzn .33 b/e
[12:17] {lumdus} can we go down lunch time ? i am getting hungry here
[12:18] {bruce} akam looking weak
[12:18] {curtisweese} s aapl ...follow at your own risk
[12:21] {lumdus} if we follow .. not here.. no aapl for me.
[12:21] {lumdus} hmm, cof looks interesting short
[12:22] {lumdus} short cof 48.40 sto 48.52
[12:23] {dino} eqix sm l .50 stop .18
[12:23] {curtisweese} omg...got disconnected with a 600 share short going on aapl
[12:23] {curtisweese} i just pooped my pants a little bit i think
[12:24] {esemde} have a great weekend everyone....i'm otta here...see ya monday
[12:24] {curtisweese} lol. got $.80 on the short over all though lol
[12:24] {Chaeron} bye ese
[12:24] {esemde} ch....
[12:24] {curtisweese} omg...i've never been so scared
[12:24] {Threei} take care ese, have a good one
[12:25] {Chaeron} you've never met magoo curtis
[12:25] {curtisweese} hahhaa
[12:25] {Threei} lol
[12:25] {Threei} curtis... trading AAPL/RIMM kind requires fresh supply of diapers on hand
[12:26] {curtisweese} i had to reboot modem and router...the power flickered here....hmmm...no more shorts i think today......risk is only Infinity:1 if power goes out :)
[12:26] {Threei} have your broker trading desk number on speed dial
[12:26] {Threei} phone and scream "get me out NOW"
[12:27] {curtisweese} i checked that right after i squeejied my butt. i have it and it is now on speed dial !
[12:28] {dino} lol
[12:28] {Threei} a bit more information than we needed... but thanks for keeping us updated :)
[12:28] {curtisweese} hahah
[12:29] {dino} fstr sm l .50
[12:29] {dino} stop lod
[12:29] {dino} ono .09
[12:32] {dino} eqix stopped -.32
[12:35] {curtisweese} dia aapl
[12:35] {lumdus} i can't believe lunch time is so active today. usually my scanner shows very little.
[12:37] {Threei} was it good out on VLNC or what
[12:37] {Threei} exact top
[12:42] {bruce} can prob move fstr stop to .18 or so dino
[12:42] * Threei slaps LaserDave1 around a bit with a large trout
[12:42] * magoo slaps Threei around a bit with a large trout
[12:42] * magoo slaps LaserDave1 around a bit with a large trout
[12:43] {magoo} [12:37] {Threei} was it good out on VLNC or what
[12:43] {magoo} [12:37] {Threei} exact top
[12:43] {magoo} [12:42] {bruce} can prob mo
[12:43] * magoo slaps Threei around a bit with a large trout
[12:43] * LaserDave1 slaps Threei around a bit with a large trout
[12:43] * LaserDave1 slaps magoo around a bit with a large trout
[12:43] * LaserDave1 slaps LaserDave1 around a bit with a large trout
[12:43] * Threei goes back to sleep... these guys are impossible
[12:44] {bruce} exactemundo mags
[12:44] {bruce} a new word for raven
[12:47] {Threei} FED'S LOCKHART: REPEATS INFLATION ABOVE COMFORT LEVEL, LIKELY TO MODERATE OVER 2008
- sees weak first half growth and rebound in second half
[12:47] {Threei} - unworried by rise of sovereign wealth funds, will need foreign capital for some time
[12:47] {Threei} - financial volatility rooted in imbalances
[12:50] {Threei} RIMM cross back over .50 is long scalp signal
[12:51] {lumdus} it's over .50 already .. hmm
[12:51] {Threei} jumped while I typed
[12:51] {Threei} don't chase, it's a pullback entry type of movement now
[13:02] {Chaeron} .
[13:02] {Threei} good point
[13:04] {lumdus} in fact, i had the same idea as chaeron..
[13:07] {lumdus} short chaeron
[13:08] {Chaeron} going to short me? geeeeesh... love the confidence
[13:08] {lumdus} not only that i plan on covering for +70.00 cash !
[13:10] * Chaeron sending magoo to your house
[13:11] {curtisweese} sh aapl if breaks 123.85 or aggressive it...heheh (i'm a newbie though, so be careful)
[13:12] {Threei} and RIMM if breaks 87
[13:12] {curtisweese} sh 124.10
[13:12] {curtisweese} 600 shares for me ....shudder
[13:13] {Threei} sharp down
[13:13] {Threei} look to cover
[13:14] {curtisweese} covered all out +$.54 on short
[13:14] {Threei} wtg
[13:15] {curtisweese} yay
[13:15] {Threei} RIMM take scalp IMO
[13:15] {Threei} almost 40 cents
[13:16] {Chaeron} great call
[13:16] {magoo} wow..dow down 100
[13:16] {lumdus} i missed the call.. ouch !
[13:17] {Threei} [11:25] {Threei} if last few sessions is any indication, we are aboput to break down and sell off deeply into red
[13:17] {lumdus} ok, so i missed it .. crack
[13:18] {curtisweese} looking for bounce then will sh aapl again (remember i'm a newbie factor!!)
[13:19] {curtisweese} in 123.4 for aapl short. (newbie call)
[13:19] {Chaeron} curtis, are you a lawyer? love your disclaimers lol...
[13:19] {curtisweese} got it!
[13:19] {lumdus} curits why you playing with fire ?
[13:20] {magoo} vad,m i really like having u read rimm and aapl..really kkilllingt scalps last few days
[13:21] {Threei} glad to be of service
[13:22] {magoo} quest for fire lum
[13:22] {curtisweese} ugga bugga
[13:22] {patience} watch the market suddenly reverse
[13:22] {lumdus} wow amgn !
[13:24] {curtisweese} markets both neg now
[13:24] {Threei} OPEC SEC GEN: ARE LOOKING AT ABANDONING USD FOR PRICE OF OIL IN FAVOR OF EUR, BUT WOULD TAKE SOME TIME - INTERVIEW COMMENTS- comments come in London based Middle East Digest
[13:24] {lumdus} so now for the next move.. up or down or sideways .. he hee.
[13:24] {Threei} yes lum
[13:25] {magoo} agree lum
[13:26] {lumdus} covering chaeron + 70.00
[13:26] {Threei} US TREASURY'S KIMMITT: STIMULUS TO HAVE AN IMMEDIATE IMPACT ON THE ECONOMY
[13:26] {Threei} yeah?
[13:26] {Threei} like, tomorrow?
[13:26] {magoo} see how he is chaer...thats all you're worth
[13:27] {lumdus} oh, now we go up.. hope nobody is short..
[13:27] {Threei} or we still have time till monday?
[13:27] {Chaeron} no thanks tho lum... Patience warned us
[13:29] {lumdus} what did he warn you ?
[13:30] {Threei} [13:22] {patience} watch the market suddenly reverse
[13:30] {lumdus} wow amgn .. what the heck ?
[13:30] {patience} i am just pouting on the sidelines because I'm not comfortable trading this market
[13:30] {Threei} lum, you have whole room on gnore or what {G}
[13:30] {lumdus} i can't multi-task. i am limited.. can't you see ?
[13:31] {Threei} I don't see fresh news AMGN
[13:31] {Threei} not sure what's happening with it
[13:33] {bruce} slow one fstr dino
[13:34] {bruce} got .36 entry
[13:34] {lumdus} i see a fight with long and short.. nobody giving in yet t anything.. let's see what happens.
[13:34] {lumdus} I will announce the winner in 1 hour.. stay tuned
[13:36] {curtisweese} +.80 so far on aapl short :)
[13:36] {lumdus} you got guts .. lots of it.
[13:37] {Threei} well... now that baptism by fire seems to be over, time for your second stage of initiation curtis:
[13:37] {curtisweese} all out on aapl!!! +$1
[13:37] * Threei slaps curtisweese around a bit with a large trout
[13:37] {curtisweese} now don't let ego ruin me, right?
[13:37] {bruce} newbies have no fear vad
[13:37] {curtisweese} just cuz it works once, doesn't mean it was right, eh
[13:37] {Threei} true bruce
[13:38] {Threei} idea is to live through things that are scary,
[13:38] {Threei} then return to no fear stage
[13:38] {dptl} jcom short?
[13:38] {Threei} with solid foundation of knowing the enemy
[13:38] {bruce} always nice to start with big wins
[13:38] {curtisweese} lol....i'm down...i lost $5k first day
[13:38] {Threei} dp, everything is...
[13:39] {Threei} just beware of bounces
[13:39] {curtisweese} didn't know how to execute my trades correctly
[13:39] {bruce} wow curtis
[13:39] {bruce} sorry to hear
[13:40] {curtisweese} yeah that hurt.....aapl just was up so much today and chart seem to show minor bounces followed by steep drops, so that's what i was trying
[13:41] {Threei} great... guy trades for a week or so and alrteady getting what took me two years 12 years ago
[13:41] {curtisweese} i was taught by the best! ;)
[13:41] {lumdus} amzn, low of day
[13:42] {dino} fstr stopped flat
[13:42] {bruce} exited fstr and taking break
[13:42] {bruce} + .16 for me dino
[13:42] {bruce} thought we had good chance it would hit 39
[13:42] {Threei} RIMM bounce time
[13:43] {dino} me too, gj
[13:43] {Threei} don't oversit it
[13:43] {Threei} out
[13:43] {curtisweese} blink
[13:43] {Threei} .35 - .68
[13:43] {bruce} still looks OK but don't want to lave comupter with a trade on
[13:43] {bruce} can't rsut auto stops
[13:43] {bruce} back in bit
[13:45] {lumdus} bruce, you going to miss all the fun
[13:45] {curtisweese} sh aapl again next bounce.....shootinng for sh at 122.24
[13:46] {Threei} test for one unnamed room member who is testing sound alert
[13:46] {curtisweese} doh...missed it tyyping
[13:46] {Chaeron} thanks Vad... ooops!
[13:46] {Threei} lol
[13:46] {Threei} worked?
[13:46] {Chaeron} yes thanks
[13:47] {dptl} you can do sound alerts?
[13:47] {lumdus} i think we get next dip .. just need a good stock to short. One that knows how to die quickly.
[13:47] {Threei} only the best of us can, dp... like chaeron
[13:48] {curtisweese} in at 122.25 now for sh ....stop at 122.75 ...i entered too quickly though... :(
[13:48] {curtisweese} looks good now though to my newb eyes
[13:49] {curtisweese} grrr.market is messing with me
[13:49] {Threei} I'll comment when you close the trade curtis
[13:50] {dino} me too
[13:50] {dino} i'm stopping things that would work
[13:53] {lumdus} market is just messing. wait for the easy trades.
[13:55] {dino} ugh, partial fill avtr 37.76
[13:57] {dino} fwlt risky l .00
[14:03] {lumdus} going to look for a scalp now. maybe tothe downside.. or maybe not.. geesh.
[14:12] {lumdus} i need leg up or down .. don't care which way
[14:13] {lumdus} short kss 45.05 stop 45.15
[14:14] {lumdus} it looks the best risk vs. reward. nothing else to me looks impressive.
[14:15] {lumdus} short slm 20.73 stop 20.80
[14:16] {lumdus} if market goes down i am golden if not, i get stopped not so bad a few pennies.
[14:17] {lumdus} slm -.08
[14:17] {lumdus} kss - .10 was on the wrong side.
[14:19] {dino} rallllllly
[14:20] {lumdus} yeah, get the rally monkey .. here we go.
[14:21] {dino} out avtr .40, +.66
[14:21] {dino} too soon, ugh
[14:22] {lumdus} rally not so strong yet.
[14:22] {lumdus} vad, comments ?
[14:23] {dino} hayn l .79, stop .49
[14:23] {Threei} none lum... doesn't look convincing either way to me yet
[14:23] {dino} ctrp l .43, stop .99
[14:23] {lumdus} ok, thank you . just wanted to confirm with yo
[14:24] {Threei} that hesitation around 1760 level NQ could resolve either way
[14:24] {Threei} with same odds
[14:24] {Threei} and whenit did, it occured too fast to exploit
[14:25] {lumdus} i see banks recovering a little bit bac, c mer
[14:27] {lumdus} hmm, now it looke a little better chances going up . ..
[14:27] {dino} i see a miracle.....magoo dusting his desk
[14:27] {dptl} lol
[14:28] {Threei} trading does strange things to the best of us
[14:28] {dino} hayn stuck tighten stop to .66
[14:29] {dino} he's smart, over his goal, so he quit
[14:29] {Chaeron} plce
[14:31] {curtisweese} we gonna end on a positive nasdaq? nice!
[14:32] {curtisweese} hmm....or will it sell off .....grrr
[14:32] {bruce} hmm - fstr finally borke out - figures
[14:35] {dino} of course
[14:36] {dino} hayn to .77
[14:40] {magoo} back
[14:40] {lumdus} magood, you missed all the fun. we had 3 trades ++.15.00
[14:40] {Threei} magoo cares not, he mastered his duster
[14:41] {lumdus} if i have to go long , i like gdx.. watching with finger on trigger break of .52.. 52
[14:41] {magoo} yeah..my office was BAD.....
[14:42] {magoo} got up..so thought..leave some ching ching for u guys
[14:42] {lumdus} very kind of you sir.
[14:43] {dino} see, costanzza day, magoo up. dino down
[14:45] {magoo} he he
[14:45] {magoo} and vad even
[14:46] {Threei} if RIMM pulls back closer to .50, interested in long scalp
[14:46] {magoo} wow..what a diffeence
[14:46] {magoo} icould drink a beer
[14:47] {patience} a tidy office deserves a nice cold beer
[14:47] {magoo} i like the way u think:)
[14:47] {patience} :)
[14:48] {Threei} AMGN
[14:48] {Threei} MEDICARE'S CASE TO LIMIT ANEMIA DRUGS HAS GOTTEN STRONGER; ONE OPTION IS FOR FDA TO FURTHER RESTRICT USE OF ESA ANEMIA DRUGS - WIRE CITING US MEDICARE OFFICIAL- says Medicare has seen no new evidence to support use of Anemia drugs above its guidance
[14:49] {Threei} you guys talk as if untidy office doesn't deserve a cold beer
[14:50] {dino} hayn stopped -.11
[14:50] {bruce} yeah - just thinking same thing vad
[14:51] {bruce} could use a beer about now
[14:51] {dino} me too
[14:51] {bruce} need to train dogs o open fridge
[14:51] {dino} the way i traded today, might help
[14:51] {bruce} crappy week for me dino
[14:53] {dino} looks like it may be negative, last one was 12/31-01/04
[14:54] {bruce} fro is trying to break long
[14:55] {bruce} thats pretty good dino - could use a battling average like that
[14:55] {dino} vnus, adep
[14:55] {lumdus} xmsr takeoff .. flight 108
[14:57] {bruce} dino - your opinion on joyg as long here?
[14:57] {lumdus} why xmsr taking off ?
[14:58] {magoo} that cleaning was so rough..so dirty...i had to change my clothes
[14:58] {magoo} soaked in sweat
[14:58] {Threei} no news lum
[14:58] {magoo} bbut..WOW..nice and fresh
[14:58] {Threei} probably another round of merger chatter somewhere
[14:58] {lumdus} but xmsr wild one
[14:58] {dino} ctrp stop to .18
[14:59] {lumdus} oh, good - hope they say buyout of 18.00.
[14:59] {dino} up joyg imo
[14:59] {Threei} nah, merger with SIRI
[14:59] {bruce} wow - that was one messy desk mags
[14:59] {Threei} bruce... main culprit is all that trout scale
[15:00] {bruce} yeah - probably caked on too
[15:00] {dino} fwlt stopped .59, -.41
[15:01] {dino} vnus s .80, stop .17.
[15:01] {dino} back in 10
[15:01] {bruce} joyg long.60
[15:02] {lumdus} vad, xmsr coaching needed.
[15:03] {dino} ctrp stopped .18 -.25
[15:03] {lumdus} long 12.90 you think i can hit 14 ?
[15:03] {Threei} 14?
[15:03] {Threei} wow
[15:03] {lumdus} yeah, that's what i feel (in my dreams you know ..
[15:03] {Threei} it needs very serious reason for such move
[15:04] {Threei} if something is brewing, sure
[15:04] {Threei} if it's just move caused by eternal hopefuls... it will fizzle out
[15:04] {lumdus} i know, but it looks like last time it made the big run. same feeling in it.
[15:04] {Threei} 01/11
[15:05] {Threei} it made even bigger move within a day,
[15:05] {lumdus} don't know when .. just remember how it looked .. let's see if i can read it
[15:05] {Threei} dropped almost all the way back same day and proceeded lower over next week
[15:05] {lumdus} yeah, i just care about today .. i gues. seems like it's already fizziling
[15:06] {Threei} unless there is real news coming, 14 today is pipe dream
[15:06] {lumdus} amzn, tight range..
[15:07] {dino} grrr vnus stopped while out sheesh
[15:09] {dino} fwlt l .56
[15:13] {bruce} out joyg -.11
[15:14] {lumdus} nahh, something brewing with xmsr. it feels very strong in down market. just my guess..
[15:16] {lumdus} i think we go up finally now. this damm range.. can make you crazy.
[15:17] {dino} rinses fwlt, ctrp. thats the day today
[15:20] {dino} fwlt stopped .68, +.12
[15:21] {dino} ctrp l .52
[15:22] {dino} dllr
[15:28] {bruce} rats - joyg went long after all - stop too tight
[15:31] {magoo} [15:16] {lumdus} i think we go up finally now. this damm range.. can make you crazy.
[15:31] {lumdus} ok, so is this the turnaround finaly
[15:31] {magoo} pretty good power up call
[15:32] {dino} fwlt l .90
[15:36] {dino} stopped fwlt .17, +.27
[15:37] {dino} ctrp stop to .65
[15:37] {lumdus} party over .. looking to short
[15:37] {lumdus} i don't know what yet..
[15:37] {bruce} you use a .20 traling stop with those dino?
[15:37] {dino} yes, went size for scalps
[15:37] {curtisweese} shorting aapl 124.81
[15:38] {bruce} k
[15:38] {dino} ctrp out ave .63 +.11
[15:38] {Threei} party over? I just reached for a corkscrew :(
[15:38] {magoo} u like any scalps here?
[15:38] {dino} off my game so tried something new
[15:38] {lumdus} done, short amzn .35 ..
[15:38] {lumdus} i gcover b/e worse comes to worse
[15:39] {Threei} watching RIMM for bounce scalp mags
[15:39] {curtisweese} pit
[15:39] {curtisweese} i mean OUT on aapl lol
[15:40] {dino} lol
[15:40] {dino} i'm gonna yell "magoo beer"
[15:40] {magoo} i'm on it...i'm on it dinoooo
[15:40] {curtisweese} shorting one more time
[15:41] {dino} ahhhhhhhh
[15:44] {curtisweese} stopped out
[15:44] {magoo} vad, was going to hit it long .50 area and chickened out
[15:44] {Threei} cluck cluck cluck
[15:45] {magoo} don't wanna give nothing back..twice my goial today
[15:45] {Threei} great job
[15:45] {magoo} u hit it?
[15:45] {Threei} wtg
[15:45] {Threei} yes, but I chickened out too soon lol
[15:45] {lumdus} tesm u dud ,, runn 77,61'
[15:45] {magoo} naz cvoulda death crasheed there too...
[15:45] {Threei} when it paused around .80
[15:45] {magoo} thats what scared me
[15:46] {lumdus} out rimm 89.25 + .65 tx vad
[15:46] {Threei} welcome sir
[15:46] {lumdus} in rimm 88.71 out .25 .. what's the profit ?
[15:46] {Threei} whip the calculator
[15:47] {Threei} magoo can compute that for you but he charges 50% of profit
[15:47] {Threei} and calls it small administrative fee
[15:48] {magoo} i was a banjker vad lol
[15:48] {magoo} fee u to death
[15:48] {Threei} as long as you weren't running cell phone billing deparment, you are forgiven
[15:50] {dino} dllr s .90
[15:50] {Threei} if .78 is taken on COIN, will grab some for overnight
[15:51] {Threei} I think VLNC is under accumulation
[15:52] {Threei} not taking it today but will put it on radar for next week
[15:53] {dino} cov cvco .36, +.50
[15:53] {bruce} out dllr for quick 10 c profit
[15:53] {bruce} thanx dino
[15:53] {magoo} have nice visit with your son vad
[15:53] {dino} dllr bstop to .77
[15:53] {Threei} visit?
[15:54] {Threei} he returns home :)
[15:54] {dino} gj bruce
[15:54] {dino} hope i didn't hurt anyone today
[15:54] {bruce} lol - probably jumped out too quick dino
[15:54] {bruce} but end of day
[15:55] {bruce} I came out flat - got a few better entries than you dino
[15:55] {dino} money = money
[15:55] {Threei} hate when it happens on friday dino, sends you for the weekend not in the best mood
[15:55] {Threei} but you kow you are going to get it all back next week
[15:55] {Threei} and then some
[15:55] {magoo} really...i hate that..dwell on it all weekend
[15:55] {Threei} move COIN
[15:55] {dino} indeed i do, lol
[15:55] {Threei} maybe I can dump you today and be free
[15:55] {dino} getting some back here w/fl scalps
[15:56] {magoo} u dumpin magoo?
[15:56] {dino} been awhile
[15:56] {Threei} [15:55] {Threei} move COIN
[15:56] {magoo} cold beer in hand here for REAL
[15:56] {magoo} XTRA GOLD
[15:56] {magoo} and XTRA COLD
[15:56] {magoo} staring at computer porn
[15:57] {magoo} AW alls well
[15:57] {Threei} life is good eh?
[15:57] {dptl} lol
[15:57] {dino} dllr stopped .71, +.19
[15:58] {dino} well, i think i'm done
[15:59] {Threei} Ok guys, thank you all
[15:59] {Threei} have a great relaxing weekend
[15:59] {Threei} see you all on Monday
[15:59] {lumdus} thank you vad. have nice weekend.
[15:59] {dptl} have a good weekend all
[15:59] {magoo} ty vad
[15:59] {magoo} good day BOSS
[16:00] {lumdus} not sure if i am in monday. i need to go snow mobiling somehwer.
[16:01] {magoo} if u were here lum i'd slap ya
[16:01] {dino} ok, that's a week for me, thanks all
[16:01] * magoo slaps bruce around a bit with a large trout
[16:01] * magoo slaps curtisweese around a bit with a large trout
[16:01] * magoo slaps Chaeron around a bit with a large trout

Thursday, February 7, 2008

February 07 2008

Session Time: Thu Feb 07 00:00:00 2008

[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 356K V 342KE; CONTINUING CLAIMS: M V 2.715ME
[08:30] {Threei} CONTINUING CLAIMS: M 2.75V 2.715ME
[08:31] {hawkfan4} morning vad, welcome to The end of the world: the sequel
[08:32] {Threei} hi hawk
[08:32] {Threei} yeap, we are headed there
[08:39] {magoo} mornimng
[08:39] {Threei} mags :)
[08:40] {magoo} JCP news..gapper
[08:41] {hawkfan4} 07-Feb-08 08:31 ET In Play JC Penney reports Jan same store sales -1.9% vs -6.1% Briefing.com consensus; guides to high end of range (43.72 ) : Co guides for Q4 (Jan), sees EPS at the high end of $1.65-1.80 vs. $1.65 First Call consensus.
[08:42] {magoo} thanx hawk
[08:42] {hawkfan4} np, same store sales numbers this morning
[08:48] {dptl} good morning all
[08:48] {Threei} dp :)
[08:51] {cosmo} ELNK
[08:51] {cosmo} 6.95 ..so far
[08:53] {cosmo} Con call happening now, btw
[08:53] {Threei} 07:07am [ELNK] Reports Q4 $0.19 v $0.15e, R $281.9M v $281M
[09:02] {esemde} morning all.....
[09:03] {Threei} ese :)
[09:07] {Threei} VLNC
[09:07] {Threei} VALENCE TECHNOLOGY AND THE TANFIELD GROUP PLC SIGN A SUPPLY AGREEMENT FOR LITHIUM PHOSPHATE BATTERY PACKS
- Under the agreement, Tanfield will purchase up to $70 million of Valence products in the contract's first phase and Valence has already received a firm purchase order for the first calendar quarter
[09:07] {Threei} - Note: In prior qtr, VLNC recorded rev of $3.4M
[09:08] {Threei} VLNC is one of those that never hold any gains... this news item however reads rather large
[09:08] {cosmo} nice spread...
[09:08] {Threei} well, as far as I can read anyway
[09:09] {Threei} which doesn't amount to much
[09:15] {Threei} some lone bidder is trying the water
[09:16] {Threei} my neverending luck continues... now I have unprecedented opportunity to buy Rolex watches under $250
[09:17] {esemde} interesting times Archie.......theses only so much blood you can squeeze from a stone......fear-mongers are trying there best thats for sure...
[09:17] {Threei} who cares ese... rolex! under 250!
[09:18] {cosmo} well, there's always turnips
[09:18] {Threei} first buy at 2, someone couldn't wait anymore
[09:19] {magoo} i think u gave your friends in indonesia my wifes email address vad lol
[09:19] {Threei} Raven... any insight into VLNC?
[09:19] {esemde} and how bout this Fed president Plosser...basically saying that the Fed can't help.....what a dufus....talk about undermining the credibility of that institution...
[09:19] {magoo} its avail shgort too
[09:19] {Threei} of course mags, couldn't leave you out in the cold while getting showered with such luck mysaelf
[09:20] {Threei} ese... you assume there is much left to undermine
[09:20] {magoo} appreciate it {as i plead with wife not to send our bank acct numbers }
[09:20] {Threei} be bacl in 5
[09:20] {Threei} back too
[09:25] {dino} gm all
[09:25] {Threei} dino :)
[09:26] {Raven}
3 back ... VLNC ... no clue
[09:26] {Threei} ty... you were my last hope as far as fundies go...
[09:26] {Threei} no hope for me nomore
[09:26] {Raven}
3 lol
[09:27] {Threei} lety's keep it on radar to see if momo players pick this one up
[09:28] {magoo} gotcha
[09:31] {Threei} volume is above whole yesterday's already
[09:34] {bruce} klac short?
[09:34] {Threei} market is still upticking
[09:34] {Threei} KLAC losing support meanwhile but it could easily turn a trap
[09:35] {Threei} VLNC trying
[09:36] {Threei} 2 support
[09:38] {dptl} elnk ?
[09:38] {Threei} this is tough trader dp
[09:38] {cosmo} csco ceo on cnbc fwiw
[09:38] {dptl} ok
[09:38] {Threei} can hold you prisoner for a long time
[09:39] {cosmo} ELNK hod = 7.06 ,,,so far
[09:39] {esemde} watching POWI
[09:39] {Threei} this KLAC bounce is shortable
[09:39] {Threei} stop above .80
[09:40] {esemde} bstop POWI 27.02
[09:40] {esemde} invalidated....
[09:41] {dptl} stopped klac
[09:41] {Threei} fess up magoo
[09:41] {Threei} took VLNC break?
[09:41] {magoo} nope
[09:41] {magoo} in a slump..
[09:41] {magoo} entry KLAC sh?
[09:42] {Threei} not sure
[09:42] {Threei} disconnected somewhat
[09:42] {dino} watching fwlt, de, ctrp
[09:43] {esemde} back bstop POWI .02
[09:44] {curtisweese} akam getting a lot of action today now. i made a quick $.070 per share last night!
[09:44] {cosmo} CSCO gonna go for 'unch'
[09:44] {curtisweese} err i mean .70!
[09:44] {dino} i hit .40 on it curtis last night
[09:45] {curtisweese} wonder if it will keep going up today...hmmmm
[09:46] {esemde} invalidated again.....
[09:46] {Threei} VLNC still eats large offers
[09:46] {esemde} POWI that is....market not helping
[09:46] {Threei} 2.55 long if holding above .40
[09:46] {dino} es, nice powi
[09:47] {Threei} would prefer pullback on it but it doesn't give any so far
[09:47] {dino} eqix falling
[09:47] {dino} thin'
[09:48] {Threei} if losing 2.40, try to pick it up on pullback, hopefully closer to .20
[09:48] {magoo} how many shares u thinking?
[09:49] {Threei} stop will be under 2 so compute from that
[09:52] {bruce} half out klac + .30
[09:53] {bruce} out balance klac + .46
[09:54] {magoo} wtg bruce
[09:54] {bruce} thanx mags - lucky
[09:55] {dptl} nice bruce i got shaked out
[09:55] {dino} gj bruce
[09:56] {bruce} thanx dino
[09:57] {bruce} yeah toughy dp - resisitance at .88 so set stop just above it
[09:58] {dptl} ye i got above .80 s0 got out .83
[09:59] {dino} eqix sm l .40
[09:59] {bruce} wow - really mall stop then
[10:00] {bruce} nice entry you had dp
[10:01] {dptl} no my stop was above.80 ...shorted at .69
[10:03] {bruce} k
[10:03] {Threei} let's restructure VLNC here,
[10:03] {Threei} .40 breakk long
[10:03] {Threei} .29 stop
[10:04] {bruce} using dinos technique with smaller sixe and bigger stops on those volatile plays dp
[10:04] {dino} abco sm l .17
[10:05] {dino} eqix stop to .85
[10:05] {dptl} in vclk .40
[10:06] {magoo} vertical naz
[10:06] {dino} eqix to .39
[10:06] {Threei} the only numbers I see in recent minutes are existing home sales
[10:07] {Threei} and they don't look too rosey
[10:07] {dino} out abco .67, +.50
[10:07] {dino} too soon
[10:07] {Threei} U.S PAULSON SAYS HE IS "FRUSTRATED" OVER NO U.S. BUDGET PROBLEM FIX
[10:07] {magoo} vertical aapl and rimm vad
[10:07] {dino} was laying out forgot
[10:07] {dptl} i mean vlnc at.40
[10:08] {dino} eqix to .53
[10:08] {bruce} very nice eqix dino - tried your entry but didn't get flled
[10:08] {dino} ty
[10:08] {Threei} VLNC, one of two scenarios
[10:08] {dino} out eqix slippage at .48., +1.08
[10:09] {Threei} first, it sits out initial sparkle of attention, waiting for crowd to forget about it, then spike again
[10:09] {Threei} second, it just lost momo
[10:09] {Threei} first seems more probable to me
[10:10] {Threei} but in case it's second, stop is tight enough
[10:10] {magoo} slow tho..so lets look elsewhere also boss
[10:11] {bruce} gold breakout longvad?
[10:11] {Threei} I can't read this thing at all bruce
[10:11] {Threei} it's a wierdo of wierdos
[10:11] {bruce} k
[10:11] {bruce} kind orf like mags then
[10:12] {Threei} sometimes it forms beautiful setup and works like charms, sometimes on the same setup it fades as if whole company just got dissolved
[10:13] {bruce} yeah - those are my entries
[10:14] {dino} aaon
[10:14] {Roman}
21 CPHD
[10:14] {Roman}
21 will try for a bounce
[10:14] {Roman}
21 in small 27.55 area
[10:15] {dino} sm s .55 stop .86
[10:15] {Threei} RIMM small long
[10:15] {dino} aaon
[10:15] {Threei} as close to 84 as possible
[10:16] {Threei} got .24
[10:16] {Threei} out +.40
[10:16] {magoo} missed
[10:16] {magoo} no fills
[10:16] {dptl} missed too
[10:16] {Threei} :(
[10:16] {magoo} i went at .31
[10:16] {magoo} missed
[10:17] {magoo} twice]
[10:18] {dino} aaon bstop to .77, mkt not helping
[10:18] {bruce} nice once vad
[10:18] {Threei} you got it bruce?
[10:18] {dino} oih hod, watch solars, imo
[10:19] {bruce} no - too late for me
[10:19] {Threei} ugh
[10:20] {dino} ugh eqix
[10:22] {dino} talking heads way off again, the horor of the ore-market
[10:23] {dino} horror
[10:25] {bruce} that was a big move in rimm - wish I could read those
[10:27] {dino} aaon bstop to b/e
[10:27] {curtisweese} pulled another .50 on akam.....really moving today with those earnings
[10:28] {curtisweese} this will either be a big drop now or a big increase...heheheh...wish i knew which!
[10:28] {bruce} emkr short?
[10:28] {Chaeron} good morning all
[10:29] {Threei} not by me bruce
[10:29] {Threei} chaeron :)
[10:29] {magoo} hey chaer
[10:29] {curtisweese} in at .90 on akam again break 32...dangit...come on!!
[10:30] {dino} mwiv
[10:34] {Threei} ARMHY
[10:35] {Threei} 10:25am [ARM.UK] To show prototype of Google android phone at Mobile World Congress on Monday - wire citing sourcemore
[10:35] {bruce} hubg vad - any read?
[10:36] {Threei} I'd stay away
[10:37] {Threei} level 2 games without prints
[10:38] {bruce} k - thanx
[10:38] {dino} mwiv s .93, stop .31
[10:38] {dino} sm
[10:40] {Threei} getting ready for bounce
[10:40] {Threei} RIMM selloff under 84 for entry
[10:40] {magoo} what is?
[10:40] {magoo} ok
[10:40] {dptl} stopped vlnc
[10:40] {Threei} market
[10:40] {Threei} and its followers
[10:41] {dino} mwiv bstop to .16
[10:41] {Threei} in .99, stop .89
[10:42] {Threei} half out
[10:42] {Threei} .30
[10:43] {magoo} i caught .05
[10:44] {Threei} out in full
[10:45] {Threei} why did we cover RIGL at all yesterday
[10:45] {Threei} thing is bottomless
[10:47] {Threei} RIMM short closer to 84
[10:47] {dino} spwr rocking
[10:48] {dino} mksi
[10:48] {Threei} in .94
[10:48] {Threei} 84.10 stop
[10:48] {Threei} no worky
[10:49] {curtisweese} ouch :(
[10:49] {esemde} long POWI....01
[10:49] {dino} aaon won't move bstop to .35
[10:49] {curtisweese} heheh...wrong way!
[10:49] {Threei} ouch?
[10:49] {Threei} 17 cents stop on RIMM?
[10:49] {Threei} you are kidding me :)
[10:49] {curtisweese} lol....i like it when it goes the right way is all :()
[10:50] {Threei} don't we all
[10:50] {esemde} big spread risky....
[10:51] {dino} mksi sm s .56
[10:51] {esemde} no physical stop on this one although my stop is .75
[10:51] {esemde} opps may not have to use it
[10:53] {magoo} vad, read FSLR"
[10:53] {magoo} ?
[10:53] {Threei} yikes
[10:53] {dino} mwiv tighten to .03 not moving
[10:53] {esemde} Out POWI .30 +.29
[10:54] {Threei} AKAM
[10:54] {Threei} .50 long
[10:54] {esemde} i'll take that 1/2 lot thank you
[10:54] {curtisweese} i'm killing it on akam today too :)
[10:54] {Threei} .34 stop
[10:55] {dino} mksi bstop is .92
[10:55] {Threei} nice one ese
[10:56] {esemde} ya...look at that thing now....risky little thing
[10:56] {dino} aaon cov .35, +.20
[10:56] {curtisweese} akam out
[10:57] {dino} cov mwiv .53, +.40
[10:57] {curtisweese} sold half and then was stopped out
[10:58] {bruce} nice dino - I got o0ut at .69 for .25
[10:58] {esemde} Vad.....it would have been nice to play POWI on the pullback......I don't know where to feel comfortable on those type of entries...any suggestions
[10:58] {esemde} the pullback to 26 that is
[10:59] {Threei} not really my type ese
[10:59] {esemde} ya i figured
[11:00] {magoo} AKAM a mkt follower vad?
[11:01] {Threei} not today
[11:01] {magoo} i know reported
[11:01] {dino} gj bruce
[11:02] {dptl} still valid akam?
[11:02] {Threei} no
[11:02] {dptl} ok
[11:05] {dino} mksi slow bleed
[11:05] {dino} c'mon, just drop
[11:05] {bruce} crappy exit on my part dino - but thanx for alerting to it
[11:05] {bruce} jblu long vad?
[11:07] {dino} mksi toughy, tighten bstop to .72
[11:07] {bruce} damn - we missed spwr recovery today dino
[11:08] {dino} y, bummer
[11:09] {Threei} JBLU looks good, just don't want to jump in while market dropping
[11:10] {dino} ugh mwiv
[11:11] {bruce} yeah- that was our biuck in it
[11:12] {dino} trying to lock them in, in this market, hurts on the big slow ones
[11:13] {bruce} dv setting up short
[11:14] {curtisweese} what about akam?
[11:14] {curtisweese} for a short now?
[11:14] {dino} hmmm, did we already miss it
[11:15] {dino} dv i'm talking
[11:15] {Threei} rather bounce scalp now
[11:15] {Threei} AKAM
[11:16] {bruce} still room for it to drop imo dino
[11:16] {bruce} would liketo see it hit .50 to prove its going down
[11:16] {dino} ntri
[11:16] {dino} one more pop, then drop, imo
[11:17] {dino} mksi bstop to .64, won't budge
[11:18] {Threei} AAPL long small
[11:18] {Threei} stop under 119
[11:19] {bruce} vad - apol long
[11:20] {dino} dv bruce you had it, trust your gut
[11:21] {Threei} looks right on this pullback bruce, just let market show bounce
[11:21] {dino} calm
[11:23] {Threei} out AAPL..40
[11:24] {Threei} nice spike APOL
[11:24] {Threei} ugh, too soon on AAPL
[11:25] {dino} mksi bstop to b/e
[11:27] {Threei} RIMM long for bounce
[11:27] {Threei} close enough to 83 support for a tight stop
[11:27] {dino} mksi bstop to .35 tight
[11:29] {dino} mssi stopped .35, +.21
[11:30] {dino} calm l .13, stop .80
[11:30] {Threei} out RIMM .50
[11:30] {Threei} +.36
[11:30] {magoo} nice
[11:30] {magoo} keep reading it
[11:30] {dino} mmksi i mean above
[11:30] {dino} mksi, sheesh
[11:31] {dino} leap a bit of pain
[11:31] {Threei} 3 attempts is a norm dino
[11:31] {Threei} spelling wise I mean :)
[11:31] {dino} calm stop to .93
[11:34] {magoo} rimm again vad?/
[11:34] {dino} imo leap l .00 trig
[11:34] {Threei} no read here
[11:35] {magoo} shit..when i asked it was .40
[11:35] {magoo} lol
[11:35] {Threei} feels rather short to me
[11:35] {Threei} no specific entry yet
[11:36] {magoo} thoughts on VLNC? i still in it
[11:36] {dino} chnr
[11:36] {magoo} all day prisonber now
[11:36] {Threei} shh...
[11:37] {Threei} missed entry on RIMM
[11:37] {Threei} no thoughts on VLNC, either momo returns or it doesn't
[11:37] {Threei} it hit stop
[11:37] {magoo} yeah i know
[11:38] {Roman}
21 CHNR China Natl Resources Announces Formation of New Coal Mining Joint Venture in Guizhou Province, China (22.12 +1.16)
[11:38] {Threei} CPSL
[11:38] {Threei} no news
[11:39] {Roman}
21 long CPSL
[11:39] {Threei} or is it CHNR sympathy?
[11:39] {Roman}
21 moving with CHNR
[11:39] {Roman}
21 small
[11:39] {dino} labl
[11:40] {dino} chnr, new joint venture coal mining in china fwiw
[11:41] {Threei} read above dino :)
[11:41] {Threei} or alternatively... take Roman off ignore
[11:45] {dino} guess i should take rfr off ignore
[11:45] {dino} bustin' ya , didn't look
[11:45] {Roman}
21 it's all good
[11:47] * Threei slaps LaserDave1 around a bit with a large trout
[11:47] * magoo slaps LaserDave1 around a bit with a large trout
[11:48] {dino} shake 'n bake
[11:53] {Threei} RIMM long here with .29 stop
[11:54] {dino} leap l sm .85, stop .46
[11:54] {Threei} in
[11:54] {Threei} nope, not this time
[11:55] {Threei} or maybe
[11:55] {Threei} will depend on NQ holding 1740 or losing it
[11:56] {magoo} what entry u get?
[11:56] {Threei} .36
[11:56] {dino} calm stop to b/e
[11:56] {dptl} you still in it?
[11:56] {dptl} rimm?
[11:57] {Threei} yes, with such tight stop had a bit more room
[11:57] {dptl} o got out .28:(
[11:57] {Threei} where did you get it?
[11:57] {dptl} .40
[11:57] {Threei} then right exit
[11:59] {Threei} out
[11:59] {Threei} maybe too soon but kind of losing feel for the market here
[12:04] {dino} out leap .25,. +.40
[12:04] {Threei} AAPL long .50
[12:05] {Threei} stop under .30
[12:05] {Threei} invalidated
[12:05] {dino} out calm .48, +.35
[12:06] {dino} taking a break
[12:06] {dptl} cien short?
[12:06] {Threei} .20 if stays under .40
[12:06] {dptl} ok ty
[12:10] {Threei} if triggers from here, .31 stop
[12:11] {Threei} nice quick 1:1
[12:13] {esemde} POWI taking off......
[12:13] {Threei} dp, you did CIEN?
[12:14] {dptl} got only 100 sh......and didnt exit yet
[12:15] {Threei} sheesh... I made quick 100 bucks on YOUR find... and you missed fill
[12:15] {dptl} not my day today lots of mistakes
[12:16] {esemde} Cup and Handle on SOLF 1 min chart.....
[12:16] {esemde} am still in this one with my swing trade
[12:16] {Threei} yes ese... I just don't trust technicals on these stocks
[12:16] {Threei} thin solars I mean
[12:17] {esemde} very true.......
[12:18] {esemde} solars are iffy for sure right now....02 up .10 up .15 dn .11dn .08up......very non commital
[12:18] {Threei} Mitt Romney drops the race
[12:19] {magoo} who's that?
[12:19] {Threei} lol
[12:23] {dino} fwlt sm l .00
[12:24] {Threei} CIEN works again, dp
[12:25] {dptl} ye i see it but .....well you don't wanna know...lol
[12:26] {Threei} I think I can guess
[12:27] {dptl} i am just doing wierd things today
[12:27] {dptl} must be chinese new year
[12:27] {Threei} go for a 30 min walk, clear your head
[12:27] {Threei} we are in lunch time anyway
[12:31] {curtisweese} akam is confusing me now... :( up or down up or down
[12:31] {Threei} no idea
[12:31] {Threei} why do you keep focusing on a stock that lost rythm
[12:32] {curtisweese} i don't know :(
[12:32] {magoo} SPIKE vad in naz
[12:32] {Threei} it's not about always having a read on this or that stock
[12:32] {Threei} sometimes they allow for a relaible read and sometimes not
[12:32] {Threei} it's about finding one you can read
[12:33] {Threei} yes mags, feels like up is going to be a theme for a while
[12:33] {Threei} what I want now is:
[12:34] {Threei} pullback, return to the high of this spike and break as a confirmation,
[12:34] {Threei} meanwhile finding stock that follows nicely
[12:34] {magoo} see, i was thinking short scalp on a mkt follower on mkt pullbk
[12:34] {Threei} RIMM is your guy then
[12:35] {Threei} it's a little weaker than market
[12:35] {curtisweese} what is symbol for market chart ...lol
[12:35] {Threei} and close to nice juicy resistance
[12:35] {magoo} sh ./94
[12:36] {Threei} you have over 1:1 already
[12:36] {Threei} 1:2
[12:39] {magoo} im getting bad quotes INETB on it, arte U??
[12:40] {Threei} looks OK
[12:40] {dino} out fwlt .40, +.40
[12:40] {Threei} in RIMM long 85
[12:40] {magoo} do u have an offer at 84.53 stuck?
[12:40] {Threei} no
[12:41] {Threei} stop under .70
[12:41] {magoo} server?
[12:41] {Threei} 5
[12:41] {magoo} ty
[12:41] {Threei} come on NASDAQ
[12:41] {Threei} time for new highs
[12:43] {curtisweese} so you are buying rimm at 85 right?
[12:43] {curtisweese} if it hits
[12:43] {Threei} yes
[12:45] {esemde} wha..da ..ya..think today....bounce ala short covering...orpossible turn in direction
[12:45] {Threei} AAPL is long too with stop under 120.80
[12:45] {dino} overthinking
[12:46] {Threei} I have no idea ese... I just see market setting up for upward movement
[12:47] {dino} mksi hod
[12:47] {dino} s labl sm .97, stop .34
[12:48] {Threei} good boy AAPL
[12:49] {dptl} bad boy rimm
[12:49] {Threei} RIMM is useless piece of you know what
[12:49] {dino} indeed sir
[12:49] {Threei} well... at least at the moment, lol
[12:49] {magoo} u think aapl follows better?
[12:49] {Threei} it's stronger
[12:49] {dptl} still long jblu from .19
[12:49] {magoo} magoo kickin..pushing...pulling VLNC up
[12:50] {Threei} RIMM doesn't move in synch, needs more convincing
[12:50] {curtisweese} took .11 on Rimm before i got nervous
[12:51] {curtisweese} 85 to 85.11 ...i shouldn't have chickened out
[12:51] {Threei} new highs are coming
[12:51] {Threei} OK, out most AAPL +.70
[12:51] {Threei} keeping just a little bit for possible spike
[12:52] {Threei} see how RIMM lags?
[12:52] {dptl} look at that rimm...nothing but shake outs
[12:52] {Threei} told you, it's your guy for shorting if you wait for pullback
[12:54] {Threei} OK here comes market spike I was counting on
[12:54] {Threei} AAPL stop to under .50,
[12:54] {Threei} offering 122.10
[12:54] {Threei} out
[12:54] {magoo} nice
[12:54] {Threei} nice round +1
[12:55] {Threei} bruce... you can call this one not disgusting
[12:55] {Threei} pullback now, use RIMM if you want to short
[12:56] {magoo} sh rimm .39
[12:57] {bruce} nice one vad
[12:57] {magoo} now rimm poers up
[13:01] {dino} austin powers, i presume
[13:03] {magoo} my prob today vad...taking half lots....not evenb getting $100 bux...so no out..then reverses
[13:03] {magoo} like rimmsh here..only .70 bux
[13:04] {dino} maybe your entries suck, or your stock choices suck
[13:04] {magoo} NICE
[13:05] {magoo} waiting for your lecture, er, um advicede vad
[13:05] {dino} if i were vad, i'd say "play easier stocks"
[13:06] {Threei} they make big enough moves mags
[13:06] {Threei} if you go for a scalp, play enough shares
[13:06] {Threei} if go for a bigger move, what else can you do but set stop and wait
[13:08] {dino} labl....dieeeeeeeeeeeeeeeeeeeeeeeeee
[13:11] {magoo} gotcha
[13:15] {dino} labl spike rinse .40, -.43 sm
[13:17] {bruce} spwr short?
[13:17] {magoo} die RIMM DDDDDDIIIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
[13:17] {magoo} hey..it worked
[13:18] {Threei} there you go... found your recipe
[13:18] {magoo} i meant the russo death scream
[13:18] {Threei} yes
[13:19] {magoo} but yes..thank u,...on my earlier prob
[13:19] {magoo} smaller lot..hold it longer
[13:21] {Threei} little bounce, then new leg down
[13:22] {Threei} this should be about it
[13:23] {Threei} in RIMM short
[13:23] {Threei} stop .61
[13:25] {magoo} under 85?
[13:26] {dino} fwlt l .00
[13:26] {Threei} wow
[13:26] {Threei} stronger than expected
[13:26] {Chaeron} market helping
[13:27] * magoo slaps Chaeron around a bit with a large trout
[13:27] {magoo} WE ARE SHORT
[13:27] {Threei} were
[13:28] {Chaeron} well, I meant helping strength magoo, not helping us...
[13:28] {Threei} US SENATE HAS "ESSENTIALLY" REACHED DEAL ON ECONOMIC STIMULUS
[13:28] {Chaeron} dang market
[13:28] {Chaeron} dang Senate
[13:28] {Chaeron} dang Magoo
[13:32] {dino} lol
[13:37] {dino} out fwlt .24, +.24
[13:40] {dino} ttwo
[13:47] {curtisweese} grrr
[13:47] {dptl} ah nvda my girl...out .+28.....saved my day
[13:48] {dino} lol
[13:48] {Threei} wtg
[13:48] {dptl} lol
[13:48] {dino} good girl
[13:48] {dino} rick spike
[13:51] {dino} waiting for bartiromo to say short, then we know the bottom is in
[13:52] {dptl} lol
[13:53] {cosmo} she's short?
[13:54] {Chaeron} about 5'4"
[13:54] {dino} no, just last summer at the bottom, she was talking about having joe 6-pack start shortiong
[13:55] {cosmo} short coffee here...
[13:56] {Raven}
3 wide too
[13:56] {magoo} big butt bartiroma
[13:56] {Raven}
3 tasteless comment
[13:56] {cosmo} its cultural
[13:56] * Raven slaps magoo around a bit with a large trout
[13:56] {Raven}
3 lol
[13:57] {Raven}
3 nothing cultured about her
[13:57] {Threei} TTWO takeover rumors
[13:58] {Threei} ugh, not in short list
[14:00] {magoo} wheres the pullback?
[14:00] {magoo} mkt talkin bout
[14:00] {Threei} I don't think we are going to get any, ever
[14:00] {Threei} market is going up forever from now on
[14:01] {Chaeron} oh then it's too easy... I quit
[14:01] {Threei} yeah
[14:01] {Threei} argh TTWP
[14:01] {Threei} TTWO
[14:01] {Threei} {--- crying bitterly
[14:02] {Threei} was that short or was that short
[14:02] {cosmo} wide too
[14:05] {dino} cbey l .96 sm, stop .68
[14:07] {dino} axys spike, thin, wide
[14:08] {Threei} FED'S FISHER: CREDIT CRUNCH IS WORRISOME BUT MANAGEABLE; FED IS NOT 'BEHIND THE CURVE' - Q&A
- Not possible for US to control USD's value, market have 'massive mood swings', calls Fed Funds, currency markets 'manic depressive'
[14:08] {Threei} - Sees a couple quarters of growth under 1%
[14:08] {Threei} - Says inflation rates, expectations 'too high
[14:10] {cosmo} was that a learning curve?
[14:16] {dino} cbey stop to .79
[14:19] {Threei} this is interesting, last part:
[14:19] {Threei} FED'S FISHER: MUST BE CAREFUL NOT TO "JUICE UP" INFLATION, DISSENT WAS DIFFERENCE OF OPINION
- Global growth, commodity prices are "putting continued upward pressure on prices."
[14:19] {Threei} - Says need to "add just the right amount of stimulus."
[14:19] {Threei} - Notes dissent on Jan 30 was in part due to inflation, and supported all rate cuts prior to Jan Fed ease; Says he respects the majority decision on rate cut, but did not believe it was the "proper time" for another cut.
[14:20] {dino} cbey stopped -.17
[14:20] {Threei} - Notes he, Plosser not alone on Fed worrying inflation expecations too high
[14:20] {dino} mksi s .40
[14:29] {Threei} sharp selling RIMM
[14:29] {Threei} even though market looks like one more leg up is coming
[14:30] {dino} mkt going down imo
[14:31] {Threei} overall yes
[14:35] {Threei} this should be last bounce
[14:37] {Threei} REVIEW: DEC CONSUMER CREDIT DUE OUT AT 3PMET**consensus expectation: $7.4Be v prior $15.4B
[14:42] {dino} cover mksi .13 ave, +..27
[14:47] {Threei} US SENATE LEADERS ANNOUNCE DEAL ON $170B STIMULUS PLAN
[14:49] {magoo} .
[14:52] {magoo} what ya looking at vad?
[14:52] {Threei} RIMM... chickened out, ashorted at .50 and covered .35, just before the drop
[14:52] {Threei} mostly because numbers are in a few minutes
[14:52] {Threei} ugh
[14:52] {Threei} whimp
[14:53] {bruce} apol short?
[14:54] {Threei} numbers are in a few minutes
[14:57] {magoo} what numbers?
[14:57] {Threei} [14:37] {Threei} REVIEW: DEC CONSUMER CREDIT DUE OUT AT 3PMET**consensus expectation: $7.4Be v prior $15.4B
[15:00] {Threei} DEC CONSUMER CREDIT: 4.5B$ V $7.4BE- Prior revised from $15.4B to $
[15:00] {curtisweese} that's good? lol
[15:01] {Threei} market doesn't think so
[15:11] {dino} consumer is not spending
[15:11] {Threei} lazy bastard
[15:11] {magoo} vad, pull up qqq minute chartand rimm chart
[15:12] {Threei} ?
[15:14] {magoo} exact
[15:14] {dino} risky sm l de .18 wide
[15:14] {dino} watching fwlt
[15:16] {Threei} that should be it for bounce
[15:16] * Chaeron slaps LaserDave1 around a bit with a large trout
[15:17] {Threei} short RIMM .80
[15:17] {Threei} stop over 85
[15:17] {Threei} jeez
[15:18] {Threei} what's with excesses today
[15:18] {Threei} reshorted
[15:18] {Threei} die
[15:19] {dino} out de .58, +.40
[15:20] {Threei} out
[15:20] {Chaeron} oh geez
[15:20] {Threei} can't get in rythm
[15:20] {dino} relax bro
[15:20] {dino} try to have fun, all excess lately
[15:20] {Threei} try?
[15:20] {Threei} what to try, I always do
[15:21] {Threei} last attempt
[15:21] {dino} my bad
[15:22] {Threei} stop above .20
[15:22] {Threei} lol, does it hear me or what
[15:22] {Threei} finally
[15:23] {Threei} covered half .80
[15:23] {Threei} stop to .11
[15:23] {magoo} entry?
[15:23] {Threei} .05
[15:24] {magoo} cool
[15:25] {Threei} nope, not for the balnace
[15:26] {Threei} wanted selloff to .50 and lower
[15:28] {Threei} that's one crazy day
[15:28] {magoo} yeah, tiring
[15:28] {Threei} even though range is not as wide as we saw lately, action is
[15:29] {patience} not my type of market....just sitting and waiting
[15:30] {dino} :)
[15:34] {Threei} can you believe CSCO full recovery?
[15:37] {magoo} .
[15:38] {dino} ctrp sm l .60
[15:44] {dino} out ctrp .69, +.09
[15:45] {Threei} bruce
[15:45] {Threei} remember our morning exchange about GOLD?
[15:45] {Threei} look at its chart
[15:45] {Threei} does it make any sense to you?
[15:45] {dino} always picking on bruce, huh vad?
[15:45] {dino} :)
[15:45] {magoo} overall looks down
[15:46] {magoo} roflol
[15:46] {Threei} no, not always
[15:46] {Threei} look:
[15:46] * Threei slaps LaserDave1 around a bit with a large trout
[15:46] {dino} lol
[15:46] * magoo slaps LaserDave1 around a bit with a large trout
[15:48] {dino} stck a fork in me, i'm done. thanks. very good one
[15:48] {bruce} not really - but then _ can't really read rimm either
[15:48] {LaserDave1} whats the special occasion?
[15:49] {dino} mardi gras dave
[15:49] {Threei} RIMMat least has following with market
[15:49] {bruce} k
[15:49] {Threei} this thing is so out there
[15:49] {Threei} not with market, no sense in its own chart
[15:49] {magoo} problemis THE mkt...all over
[15:50] {Threei} [15:48] {LaserDave1} whats the special occasion? {--- pretty much you are dave
[15:50] {LaserDave1} why thank you
[15:50] {Threei} always
[15:51] {LaserDave1} you are the best
[15:52] {Threei} guys, don't want to drag anyone into overnight, but gotta lwet you know if I do
[15:52] {Threei} I guess
[15:53] {dino} fslr strange today
[15:53] {Threei} back in VLNC, intentd to sell tomorrow
[15:54] * magoo slaps Threei around a bit with a large trout
[15:54] {dptl} where did you get in?
[15:54] {Threei} right here
[15:54] {Threei} 2.05
[15:54] {dptl} ok
[15:54] {bruce} dave - are laser stops suppsed to work on nyse?
[15:54] {Threei} careful
[15:55] {Threei} big offer
[15:56] {magoo} bruce, u using hard stops now?
[15:56] {bruce} sometimes mags
[15:56] {dino} fwiw bruce, nyse hard stops always screw me
[15:56] {magoo} how they working?
[15:56] {bruce} espeiclaly if in more than one trade
[15:56] {bruce} laser stops don't always work
[15:56] {magoo} working well as a whole??
[15:57] {Threei} OMS module bruce?
[15:57] {bruce} just using the stop feature in level 2 vad
[15:57] {Threei} hmm
[15:57] {dptl} yes it's not always work
[15:57] {bruce} someimes they fire and somethimes they don't
[15:57] {Threei} that one is not reliable
[15:57] {Threei} use OMS module
[15:57] {bruce} k- have to look at it
[15:58] {bruce} thanx vad
[15:58] {magoo} i forget how use OMS module
[15:58] {bruce} will have to look into - haven't used it
[15:59] {Threei} click Add a new order button on it magoo
[15:59] {bruce} nice to have hard stop is stock moves fast
[15:59] {Threei} self-explanatory fro there
[15:59] {Threei} after order is shaped, click green arrow to start it
[15:59] {Threei} red square to stop it
[16:00] {Chaeron} DING DING DING...
[16:00] {Threei} thank you all
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {Threei} you too VLNC
[16:00] {dptl} have a good evening all
[16:00] {Threei} I don't think that offer was real
[16:07] {dino} gn all
[16:08] {bruce} night dino
[18:02] {curtisweese} good night!

Wednesday, February 6, 2008

February 06 2008

Session Time: Wed Feb 06 00:00:00 2008

[08:26] {Threei} Good morning
[08:27] {Threei} IDMI shortable... watching for gravity taking over
[08:35] {Threei} JDSU goes back to 200?
[08:35] {hawkfan4} morning vad
[08:35] {Threei} hawk :)
[08:37] {Threei} Raven...
[08:37] {Threei} 02/05/08 04:01pm [TGAL] Reports Q3 $0.40 v -$0.86 y/y, R$10.1M (+132% y/y)
[08:41] {Raven}
3 Good morning ... thx ... I saw that yesterday afternoon :)
[08:41] {Threei} and never told me to sell my farm and buy TGAL?
[08:42] {Raven}
3 just take out a 5 minute loan on it :)
[08:42] {Threei} lol
[08:48] {magoo} morning
[08:48] {Threei} magoo
[08:54] {magoo} rvbd down 3.70
[08:54] {Threei} and FORM in the baement
[08:54] {magoo} tgal shortable too vad
[08:54] {magoo} rate in base w/form
[08:56] {cosmo} FORM pre mkt high = 18 ... i'm optimistic
[08:56] {cosmo} fwiw
[08:56] {Threei} I am not shorting TGAL... it made money first time since plague swiped Europe... gotta respect that
[08:56] {Raven}
3 lol
[08:56] {Threei} (and I am scared of Raven)
[08:57] {Raven}
3 as you should be ... :)
[08:57] {Threei} I know... my self-preservation instincts are strong
[08:58] {magoo} heres an oldie bur goodie
[08:58] {magoo} R
[08:58] {magoo} A
[08:58] {magoo} V
[08:58] {magoo} E
[08:58] {magoo} N
[08:58] {cosmo} S
[08:59] {cosmo} ... next year, maybe
[09:01] {dino} gm all
[09:01] {Threei} dino :)
[09:05] {esemde} morning....whatever your saying there mags......it's correct
[09:05] {Threei} ese :)
[09:05] {esemde} looks like it goes along with one of my motos...."live Life Loud"
[09:06] {esemde} morning VAd
[09:07] {Raven}
3 back ... MAAGGGOOOOOOOOO}}}}}}}}}}}}}}}}}}}}}}}}}}}
[09:09] {esemde} good job boys.....LIVE LIFE LOUD!!!!
[09:09] {cosmo} fortissimo?
[09:10] {esemde} indeed!!!
[09:10] {cosmo} :)
[09:11] {esemde} molto fortissimo....if possible
[09:11] {cosmo} fff?
[09:12] {esemde} you got it!!!
[09:12] {cosmo} ...been awhile..
[09:13] {Raven}
3 how long has it been ?
[09:13] {cosmo} 1963 rose parade...i think
[09:13] {Raven}
3 excellent !
[09:13] {cosmo} turn your white spats green....sheesh
[09:13] {esemde} nnaawwwww!!!!!!! you marched in the Rose Bowl Parade Cos?
[09:14] {cosmo} 1963
[09:14] {esemde} now that is cool....once in a lifetime experience
[09:14] {cosmo} that's for sure
[09:14] {esemde} what instrument did you play
[09:14] {cosmo} trombone...front row
[09:15] {esemde} really cool!
[09:15] {cosmo} god view
[09:15] {cosmo} good
[09:15] {cosmo} sorry
[09:15] {esemde} have never met anyone who's been in the Rose Bowl Parde
[09:16] {esemde} who played that year?
[09:16] {cosmo} hmm...try it sometime
[09:16] {cosmo} Wisconson and USC
[09:16] {esemde} ....neat.....pure football
[09:16] {cosmo} JDSU
[09:17] {Raven}
3 Wasn't 1963 the year Johnson coined "Great Society" ?
[09:18] {esemde} got me there......
[09:18] {cosmo} "This Could Be The Start Of Something Big" by Steve Allen is all I can remember
[09:18] {Raven}
3 I could google it ... but, who cares ?
[09:19] {cosmo} i care...
[09:19] {Raven}
3 rofl
[09:19] {cosmo} :)
[09:19] {Raven}
3 I think he coined it at one of my college graduations
[09:20] {Raven}
3 and I did not care then either :)
[09:20] {cosmo} there were others?
[09:20] {Raven}
3 couple of degrees as I remember
[09:20] {Raven}
3 packed us into Michigan Stadium
[09:21] {esemde} reiterate JDSU from cos
[09:21] {cosmo} LBJ did?
[09:21] {esemde} somethings got it jumping
[09:21] {Raven}
3 ?
[09:22] {cosmo} Great Society Speech at the Stadium?
[09:22] {Raven}
3 yea ... as I recall
[09:22] {Raven}
3 but you know how that goes
[09:22] {Threei} 02/05/08 04:06pm [JDSU] Reports Q2 $0.22v $0.12e, R $399.2M v $386Me
[09:22] {cosmo} hmm... yea...gotta google it
[09:22] {Threei} and couple upgrades with target 15
[09:22] {Raven}
3 OK ... damn
[09:23] {Raven}
3 it was 1984
[09:23] {Raven}
3 1064 ... sorry
[09:23] {Raven}
3 1964
[09:23] {Raven}
3 !
[09:24] {magoo} vad. who u looking at here? jdsu..tgal idmi??
[09:24] {Raven}
3 5/22/1964 Ann Arbor MI
[09:25] {Threei} yes mags
[09:25] {magoo} k
[09:25] {lumdus} morning all
[09:25] {Threei} lum :)
[09:26] {lumdus} nice parade downtown couldn't miss it even for trading.
[09:26] {magoo} lumber:)
[09:28] {curtisweese} hopefully we have some positive movement today :)
[09:29] {cosmo} FORM healing
[09:29] {cosmo} ...so far
[09:30] {Threei} waiting for open volatility to subside on IDMI to look for short
[09:30] {dino} s rf .54
[09:30] {magoo} why u like it short?
[09:31] {Threei} from under 1 to almost 4 in three days?
[09:31] {magoo} OH..oops
[09:31] {Threei} with humongous volume yesterday
[09:32] {dino} downgrade to sell
[09:33] {lumdus} banking taking a beating wow !
[09:35] {dino} as it should
[09:36] {lumdus} yhoo roomers today ?
[09:37] {curtisweese} idmi dropping like a stone
[09:39] {dino} orct hmmm
[09:40] {lumdus} in gild 45.26 stop 45.15
[09:40] {lumdus} out -.18
[09:41] {cosmo} ORCT 9.20 hod
[09:41] {cosmo} test
[09:41] {dino} cov rf .30, +.24
[09:43] {Threei} KLAC short on bounce .60-.70 area
[09:44] {Threei} if stays under .55 and NQ drops sharply again, short trigger 40
[09:46] {Threei} in
[09:46] {Threei} .55 stop
[09:46] {magoo} in
[09:46] {Threei} grrr
[09:46] {magoo} sheesh
[09:46] {Threei} NQ jump
[09:47] {dino} uyg l .00, stop .73
[09:50] {magoo} jdsu short vad?
[09:50] {magoo} naz follower?
[09:51] {Threei} I would prefer bounce
[09:51] {Threei} 13.20 resistance
[09:54] {dino} stop uyg .84 -.16
[09:57] {Threei} LOCM momo
[09:58] {dino} fwlt l .50, stop .18
[09:58] {Threei} pullback to about 4.2 would be perfect
[10:00] {Roman}
21 ESLR long
[10:00] {Roman}
21 watching CSIQ and other solars bounce
[10:01] {Roman}
21 in ESLR 10.75
[10:01] {Threei} SEED long if .05 getting hit
[10:02] {Threei} .95 stop
[10:05] {dino} fwlt stop to .29
[10:05] {dino} to .37
[10:05] {Roman}
21 YTEC
[10:06] {dino} to .49
[10:06] {Roman}
21 CPSL long small
[10:06] {Roman}
21 5.45
[10:06] {dino} out fwlt .64, +1.14
[10:07] {dino} tough crowd
[10:08] {curtisweese} sorry was getting coffee....NICE!!!
[10:09] {dino} lol thx
[10:09] {Roman}
21 long JRJC super small
[10:09] {Roman}
21 in. 16.45 area JRJC looking for 1 point
[10:12] {Roman}
21 out 1/2 ESLR +.14
[10:12] {Threei} LOCM .75 long if stays above .60
[10:13] {dino} risky, sm s mflx .40
[10:16] {Threei} RIGL 24 short small shares
[10:16] {Threei} stop above .20
[10:18] {Threei} LOCM 1:1
[10:20] {dino} fwlt l sm .08, stop .78
[10:21] {dino} mflx bstop to .71
[10:22] {dino} fwlt stop to .97
[10:23] {Threei} FED'S LACKER REITERATES FED MAY OR MAY NOT CUT INTEREST RATES AGAIN
- reminder: Lacker said yesterday that further cuts 'may be warranted'
[10:23] {Threei} - says subprime loans problems concentrated among loans made in cycle
[10:23] {Threei} I may or may not believe them
[10:24] {lumdus} why would you believe them ?
[10:25] {dino} stopped fwlt .97 -.11
[10:26] {dino} souns like he's sniffing lacker
[10:27] {Threei} come on RIGL, trigger already
[10:28] {dino} mflx bstop to .01
[10:29] {Threei} NYNY sudden happiness
[10:29] {dino} to .82
[10:29] {dino} stopped .83 slippage, +.57
[10:30] {Threei} *DOE CRUDE: +7M V +2.6ME; GASOLINE: +3.6M V +1.8ME; DISTILLATES: V -2ME; UTILIZATION: 84.3% V 85%E
- API:
[10:30] {Threei} Crude: +7.6M
[10:30] {Threei} Gasoline: +5.5M
[10:30] {Threei} Distillate:-2M
[10:32] {dino} the world is awash in oil
[10:32] {Threei} totally
[10:32] {Threei} oil goes back to 35
[10:33] {Threei} what the...
[10:33] {Threei} I see no NYNY news
[10:36] {Threei} feels like next time we see NYNY in news is "NASDAQ breaking trades from 10:28..." :)
[10:36] {Threei} TGAL is trying for new high
[10:37] {Threei} momo players... if it shows "foam at the mouth" symptoms
[10:38] {dino} being delisted isn't it?
[10:39] {Threei} TGAL?
[10:39] {dino} nyny, maybe not?
[10:39] {Threei} oh
[10:40] {lumdus} watching nke for breakout long
[10:41] {magoo} whats your tgal play?
[10:41] {Threei} nothing technical on it
[10:42] {Threei} pure momo if you can get a feel for it
[10:42] {esemde} OK...somebody talk to me....what is the market doing? is this a shakeout, shakedown.....the NQ is up and down like a rocket
[10:43] {lumdus} in nke 61.25 stop 61.15
[10:43] {dino} fwlt sm l .75
[10:44] {Threei} it;s trying to confuse everyone ese... and as usual in such cases, ends up confusing itself
[10:45] {Threei} FED'S LACKER: OIL PRICE RISES PASSING THROUGH, HAVING DIRECT EFFECT ON INFLATION
[10:45] {Threei} wow... wisdom
[10:46] {esemde} that guy is a bit of a dufuss isn't he.......
[10:46] {esemde} seems to speak out of turn alot
[10:47] {dino} es, don't worry about what its' doing
[10:47] {Threei} KLAC half lot long .88
[10:47] {Threei} stop .79
[10:53] {Threei} NYMX ANNOUNCES POSITIVE RESULTS FROM NEW MULTI-CENTER U.S. STUDY OF NX-1207 FOR BPH
[10:55] {dino} fwlt stop to .95
[10:55] {dino} to .20
[10:56] {dino} out .20, +.45
[10:56] {dino} tomo
[10:58] {dino} rf s .85, stop .07
[10:59] {dino} ncit
[11:00] {dino} wide
[11:00] {dino} thin forget it
[11:02] {Threei} REASURY SEC PAULSON: SAYS ENGAGED ACTIVELY WITH CHINA, WANTS FASTER YUAN RISE
- Notes China is definitely moving quicker on Yuan, but would like China to move faster
[11:02] {Threei} - Says demands on China inappropriate given market turmoil
[11:02] {Threei} - says China's currency legislation "boardering on silly"
[11:02] {bruce} I like rf short about 24.20 dino
[11:03] {Threei} finally RIGL
[11:04] {Threei} take KLAC profit here
[11:05] {dino} stopped rf -.22
[11:05] {Threei} KLAC over 1:3
[11:06] {Threei} RIGL 1:1
[11:06] {Threei} and counting
[11:06] {hawkfan4} KLAC nice vad, thx
[11:06] {Threei} welcome
[11:08] {dino} me too bruce, i was too soon
[11:10] {Raven}
3 THLD is a story similar to IDMI ... fwiw ...
[11:10] {dino} different letters
[11:10] {curtisweese} hahaha
[11:10] {Threei} lol
[11:10] {Raven}
3 I saw that
[11:10] {Threei} but price is where IDMI started
[11:11] {Raven}
3 I also saw that
[11:11] {Threei} we just feel need to catch up with feds in stating obvious department R
[11:11] {Raven}
3 lol
[11:15] {Threei} news reads kind of questionable on it
[11:19] {dino} jaso sm wide l .70
[11:23] {curtisweese} zzzz
[11:26] {bruce} nyx looks to be going long dino
[11:27] {dino} y, but did we miss it?
[11:27] {dino} of course it was down 10 bucks yesterday
[11:28] {bruce} yes - its got lots of room to go long
[11:28] {bruce} not sure where an entry would be though
[11:29] {Threei} IDMI moves are beyond idiotic
[11:30] {dino} delisting notice 2/4, maybe insiders?
[11:30] {dino} now i'm thinking too much
[11:33] {lumdus} was trading goodyesterday ?
[11:33] {curtisweese} not for me :)
[11:33] {dino} jaso stop to .79
[11:34] {Threei} not bad
[11:35] {bruce} niceentry in jaso dino
[11:35] {bruce} what do you think of cbey as a short vad?
[11:36] {Threei} on this bounce, looks right
[11:36] {Threei} .60 closest resistance
[11:36] {Threei} .80 next
[11:37] {Threei} so place stop depending on your target/timeframe
[11:37] {bruce} k
[11:37] {bruce} thanx
[11:37] {bruce} was thinking pullback entry about .55 w 15 c stop
[11:40] {dino} jaso stopped flat, slippage
[11:43] {lumdus} almos lunch time and i made a trade and 1/2 shoots
[11:44] {bruce} nyx long here dino
[11:47] {dino} i'll pass bruce, but doesn't mean it won't work. going into lunch tho
[11:49] {Threei} IDMI .50 short for a scalp
[11:49] {Threei} .65 stop
[11:54] {dino} wire
[11:56] {bruce} tried and got stopped in it dino - .25
[12:02] {bruce} form is strong today
[12:03] {Threei} THLD really moves
[12:14] {dino} sorry bruce, sidetracked
[12:15] {magoo} idmi valid short here?
[12:15] {Threei} yesa
[12:15] {Threei} VVUS?
[12:16] {Threei} no news that I see
[12:17] {dino} tgal s .10 stop .30
[12:17] {bruce} idmi stop still .65?
[12:17] {Threei} yes
[12:17] {bruce} k
[12:18] {esemde} Have a great Day all....interesting watching today...
[12:18] {Threei} take care ese
[12:18] {esemde} see ya Vad
[12:18] {bruce} bye ese
[12:24] {dino} ivac s .88, stop .18
[12:25] {dino} make bstop .02 ivac'
[12:25] {dino} tisi
[12:28] {magoo} dave, dcc please
[12:29] {Chaeron} no trout?
[12:30] {Threei} magoo is not feeling well today it seems
[12:30] {bruce} tisi short 33.50 or so dino?
[12:31] {dino} y, but i need to get out of one of the above first, too much to follow
[12:32] {dino} sm w/hod stop imo
[12:32] {bruce} k
[12:32] {bruce} i"m in iac
[12:32] {bruce} working so far
[12:32] {bruce} ivac
[12:33] {dino} lucky
[12:33] {dino} need .60 to go
[12:33] {dino} tgal not moving
[12:34] {bruce} yep
[12:34] {dino} ivac bstop to .68]
[12:35] {Threei} TLAB 7.21 long for small scalp
[12:35] {Threei} 7.14 stop
[12:36] {dino} cov ivac slip, .67, +.21
[12:38] {dino} die tgal
[12:41] {bruce} its following your orders dino
[12:44] {dino} tisi sm s .55, stop .01
[12:45] {dino} lol bruce
[12:46] {dino} altho when i say "die", i want them to drop, not bleed, :)
[12:46] {bruce} lol
[12:47] {dino} tisi
[12:51] {curtisweese} tlab went wrong way!
[12:51] {Threei} never triggered
[12:51] {dino} ldsh rolling
[12:51] {dino} over
[12:52] {dino} .00 was last wall
[12:53] {Threei} maybe bounce off 7, but no breakout setup anymore
[12:55] {Threei} AAPL .41 long if not losing .20 anymore
[12:58] {magoo} in aapl aggressive .20\
[12:58] {Threei} up nicely
[12:59] {magoo} sheesh..thats it
[12:59] {Threei} oversat it?
[12:59] {magoo} yeah
[12:59] {magoo} thought your .41 trigger would ramp it motre
[12:59] {dino} thats' as fast as ese leaving room
[13:00] {Chaeron} heheh
[13:00] {Threei} it lost support before hitting it mags
[13:00] {Threei} meaning, it had to go longer distance to a trigger
[13:00] {Threei} potential is diminished greatly
[13:00] {magoo} gotcha
[13:01] {Threei} with aggressive entry like yours you have great advantage of bigger profit potential, gotta use it
[13:08] {dino} cvlt
[13:08] {dino} partial cov tgal .85, +.25
[13:09] {bruce} big move cvlt - still looks short though
[13:10] {dino} out the rest .85, +.25
[13:11] {dino} cvlt sm l .10
[13:11] {dino} a bet bruce:)
[13:12] {curtisweese} what does sm mean? short?
[13:12] {curtisweese} small?
[13:12] {Threei} small
[13:12] {Threei} l = long
[13:12] {curtisweese} lol..okay
[13:12] {Threei} sh = short
[13:12] {Threei} hl = half lot
[13:12] {Threei} hhd = half hot dog
[13:12] {curtisweese} ok = ok hahha
[13:13] {Threei} when magoo manages to bite off another half when dino's not looking
[13:17] {dino} s= short for me
[13:17] {dino} sm small
[13:17] {dino} usually 300-400
[13:18] {curtisweese} thx
[13:18] {bruce} sigm setting up short
[13:18] {dino} np, so i am long 300 at .10
[13:18] {dino} ideally .40-.60 looking for
[13:19] {curtisweese} long = how long?
[13:19] {curtisweese} just till it hits target?
[13:19] {dino} i lay out for spoikes, if i get up .45, i will trail to .40
[13:20] {dino} spikes
[13:20] {Threei} dino... we have all that figured out... we are more interested in fist fight techniques you employ when magoo goes for your sandwich
[13:21] {dino} usually a trip
[13:21] {dino} tisi not cooperating
[13:23] {dino} \cvlt not moving, so tighten stop to .78
[13:25] {curtisweese} for your stop? not playing it, but just trying to understand everything. :)
[13:27] {curtisweese} oh i see you said stop ...lol...
[13:28] {Threei} ugh
[13:28] {Threei} why didn't we reshort RIGL when it bounced into 24
[13:29] {dino} no idea vad, no idea
[13:30] {lumdus} short ctsh 27.71 stop .81
[13:33] {curtisweese} cvlt it trying to go up....lol
[13:33] {lumdus} ctsh if it doesn't fall now , it aint going to fall. so let's go wamo !
[13:33] {dino} dwsn bloody today
[13:37] {dino} ldsh s .88, stop .08
[13:39] {dino} cvlt stopped .77, -.33
[13:39] {dino} mkt fell
[13:39] {dino} bruce wins
[13:39] {bruce} + .20 on cvlt short
[13:39] {dino} gj
[13:40] {dino} 13.20s worth another look
[13:40] {bruce} thanx dino
[13:40] {bruce} just lucky
[13:40] {dino} :)
[13:40] {dino} coin flips today
[13:41] {lumdus} dino, said that right.
[13:43] {dino} ldsh cov .64, +.24
[13:44] {dino} cvlt, just enough to take me out
[13:44] {lumdus} l amzn 70.54 stop 70.47 worth a quick try
[13:45] {lumdus} i love stops..
[13:46] {dino} tisi bstop to .73, bad entry
[13:46] {dino} imo, stops=skill
[13:47] {dino} dwsn bruce, how low?
[13:48] {dino} one more whoosh?
[13:49] {bruce} 48.15 is my guess dino
[13:49] {dino} hmmm, i'm sitting at 48.80, thinking double bottom
[13:50] {dino} sm of course
[13:50] {bruce} may work - you have better read than me _ my guess it's still looking for low
[13:51] {dino} tisi bstop to b/e, toughy
[13:51] {bruce} stp possible short setup
[13:51] {dino} ugh, slippage, ave stop .65, -.10 tisi
[13:51] {Threei} AAPL short small
[13:52] {Threei} 126 break
[13:52] {Threei} if stays under .20
[13:53] {curtisweese} so if it breaks 126...short it...gotya
[13:53] {curtisweese} no wait... hmm
[13:53] {Threei} unless it goes over 126.20 first
[13:53] {Threei} which invalidates setup
[13:55] {Threei} wow
[13:55] {magoo} nice
[13:55] {Threei} what just hit the market over the head
[13:55] {lumdus} rimm a falling knife - try to catch it ?
[13:56] {magoo} out aapl .27
[13:56] {magoo} ty vad
[13:56] {Threei} wtg mags
[13:56] {Threei} like your fingers cut lum?
[13:57] {dino} ldsh s ave .77
[13:57] {dino} stop .01
[13:57] {Threei} by all means then, but make sure you've a lot of bandages
[13:57] {Threei} because when market gets killed like this you will need them
[13:59] {lumdus} ok, then i will paper trade it .. with . i don't have bandages in my house
[13:59] {dino} cx dwsn order
[14:03] {Threei} new wave of selling is coming it feels
[14:04] {Threei} looking to reshort AAPL on bounce
[14:05] {Threei} in
[14:05] {Threei} stop .51
[14:05] {magoo} just be aware of naz direction vad
[14:05] {magoo} its following
[14:06] {magoo} entry u get?
[14:06] {Threei} .36
[14:07] {curtisweese} what is exit target?
[14:08] {Threei} action dependent
[14:08] {Threei} covered half + 20
[14:08] {Threei} .41 stop
[14:09] {Threei} out in full
[14:09] {magoo} nice
[14:09] {Threei} +.40
[14:10] {lumdus} very nice pickup there...
[14:10] {dino} cvlt l .95 stop .69
[14:10] {lumdus} i just watched for you.
[14:10] {bruce} ndaq may be ready to reverse dino
[14:11] {lumdus} and now it's nice and red
[14:11] {Threei} ugh... hesitated to reshort this time
[14:12] {Threei} coward
[14:12] {lumdus} for good reason today.. many reversals.
[14:13] {Threei} FED'S PLOSSER: INFLATION IS 'HOME GROWN': QUESTION IS NOT WHETHER INFLATION CAN BE CONTROLLED, BUT WHETHER WE CHOOSE TO - Q&A
- Says Fed cannot effect economy economy over next couple quarters, expects consumer spending to be weaker in 1H of 2008 than 2007, interesting to see what retail sales will do
[14:13] {Threei} - Notes Dec slowing of consumer spending helped lead to Fed rate decision
[14:13] {Threei} - Notes the USD has clearly fallen, which is a plus for trade, will bring trade balances back in line
[14:13] {Threei} home grown eh
[14:13] {dino} cvlt stopped flat mkt fall
[14:14] {dino} yeah, as in ethanol
[14:14] {Threei} ahha
[14:14] {Threei} not I get it
[14:14] {Threei} not = now
[14:15] {dino} although i don't believe it.
[14:17] {dino} sigm blood
[14:17] {Threei} one more leg of selling in order IMO
[14:18] {dino} dji wants -100
[14:18] {dino} sigm 40 magnet bruce
[14:19] {Threei} bounce is coming now
[14:19] {Threei} AAPL scalp candidate
[14:19] {Threei} as close to 124 as possible
[14:20] {Threei} in
[14:20] {Threei} stop just under 124
[14:21] {Threei} stopped
[14:21] {dino} ldsh bstop to .72
[14:21] {bruce} agreed dino
[14:22] {dino} waiting .82
[14:22] {dino} 39.82
[14:22] {dino} sm
[14:22] {dino} thing was 49 2 days ago
[14:23] {dino} hawk remembers i bet
[14:23] {hawkfan4} i do, i do :)
[14:23] {dino} :)
[14:24] {dino} cvlt holding the .90 level
[14:24] {dino} l .98
[14:25] {Threei} sorery, couldn't post... two scalps simultaneously, RIMM and AAPL, too attention-intensive
[14:25] {dino} ldsh stopped/cov .71, +.06
[14:25] * magoo slaps Threei around a bit with a large trout
[14:26] {Threei} :(
[14:26] {dino} done w/ldsh too tough
[14:26] {curtisweese} short appl again soon?
[14:27] {Threei} no
[14:27] {Threei} downside is exhausted for the time being, IMO
[14:27] {curtisweese} lol good advice!
[14:27] {bruce} nice cvlt entry
[14:27] {lumdus} so am i exhausetd.
[14:27] {Threei} long off pullbacks in order now
[14:28] {lumdus} long on pulback ?
[14:28] {Threei} AAPL, closer to .30
[14:29] {Threei} but watch NASDAQ, don't jump against its direction at the moment
[14:29] {Threei} should drop now
[14:29] {Threei} psst AAPL
[14:29] {Threei} a bit lower please
[14:31] {Threei} in
[14:31] {Threei} got .37, stop under .20
[14:31] {Threei} half out
[14:31] {Threei} +.30
[14:31] {bruce} l cvlt .05
[14:32] {Threei} show me 125 AAPL
[14:32] {Threei} never mind Newton, he was wrong
[14:32] {Threei} or member of conspiracy
[14:32] {Threei} gravit is a hoax
[14:32] {Threei} anyway, stop is .29 now
[14:34] {Threei} out
[14:34] {Threei} too greedy
[14:34] {Threei} or maybe gravity is real
[14:35] {cosmo} its an artifact of a higher dimension...but, no matter...
[14:35] {cosmo} gravity that is
[14:37] {dino} spwr sm l .00
[14:38] {Threei} gravity is canceled
[14:38] {Threei} you didn't get the memo cos?
[14:38] {cosmo} bounce time?
[14:38] {cosmo} memo?
[14:39] {Threei} bounce in progress ever since I said it was time... just overly volatile to get reliable hold onto position
[14:39] {curtisweese} in .79 aapl short
[14:39] {lumdus} i am taking literally anything more then .10
[14:39] {cosmo} ah
[14:39] {Threei} scalp only curtis
[14:39] {lumdus} order of the day . dammit
[14:40] {curtisweese} out
[14:40] {Threei} don't oversit it, you are going against the grain now
[14:40] {curtisweese} ok,...thanks for any advice : )
[14:40] {Threei} any?
[14:40] {Threei} you are my favorite
[14:40] {curtisweese} any and all!
[14:40] {Threei} most want good advice only
[14:40] {Threei} see AAPL?
[14:40] {cosmo} i can handel the fringe
[14:41] {Threei} that was good advice..
[14:42] {Threei} RIMM is less volatilie today, I would be better off picking that one for hold while scalping AAPL
[14:42] {Threei} oh well
[14:42] {Threei} lapses of sanity
[14:43] {lumdus} amzn i think wants to fall. in fact, it called me up and told me
[14:43] {Threei} one more leg up it seems... after that, no read
[14:44] {Threei} and there is one thing I haven't done today, which bothers me immensely
[14:44] * Threei slaps LaserDave1 around a bit with a large trout
[14:44] * magoo slaps LaserDave1 around a bit with a large trout
[14:45] {Threei} AAPL for bounce here
[14:45] {Threei} in
[14:45] {Threei} stop .79
[14:45] {magoo} in
[14:46] {Threei} just a scalp mags
[14:46] {lumdus} you really tackle that stock huh
[14:46] {Threei} don't oversit
[14:46] {Threei} out
[14:46] {curtisweese} out
[14:46] {magoo} out .19
[14:46] {Threei} +.30
[14:46] {magoo} ty
[14:47] {magoo} i like when u read this
[14:47] {lumdus} die amzn die !
[14:47] {magoo} better than yesterday trading
[14:48] {Threei} just more opportunities today
[14:49] {magoo} admit it..your just sober today lol
[14:49] {Threei} actually... just opposite
[14:49] {Threei} lol
[14:49] {Threei} no read on the market at the moment
[14:50] {curtisweese} bought aapl at .46
[14:50] {Threei} drop I saw is finished, bounce I saw is finished
[14:50] {curtisweese} ouy
[14:50] {curtisweese} out
[14:50] {curtisweese} +.03 lol
[14:50] {Threei} don't spend it at once
[14:50] {curtisweese} hhahaha
[14:50] {Threei} inflation is of concern as it is, you know
[14:50] {lumdus} maybe you can spot me the money
[14:51] {Threei} no clear idea of where the odds are now
[14:51] {lumdus} amzn not really worky yet.. too jumpy
[14:51] {Threei} moving to sideline for now
[14:51] {lumdus} out +.23 enough crap
[14:52] {lumdus} vad, i read your mind.. got out on sideline
[14:52] {bruce} taking break
[14:53] {Threei} my condolences lum... not many who read my mind survived experience
[14:53] {Threei} must be gut-wrenching
[14:54] {lumdus} vad, i like when you call direction of market..
[14:55] {lumdus} and when you sit out. then i follow and it's good.
[14:55] {Threei} when there is a trend, it becomes easier
[14:56] {Threei} was clean downtrend for a while, then clean readable bounce
[14:56] {Threei} look volume configuration on drops and bounces, classic
[14:56] {Threei} textbook
[14:57] {lumdus} BUTT.. rimm was a good long. i smelled it.
[14:57] {dino} i smell magoo
[14:57] {dino} nasty
[14:57] {magoo} sigh
[14:58] {Threei} I extend my condolences to you dino
[14:58] {Threei} must be not much prettier than reading my mind
[14:59] {dino} cvlt stop to .12
[15:00] {Threei} down from here I think
[15:00] {Threei} not very reliable, kind of 55/45
[15:01] {Threei} hmmm... header of e-mail I just got:
[15:01] {dino} back in 10
[15:01] {Threei} Life is a Pleasure with Anti-depressants!
[15:04] {Threei} 55 win
[15:07] {curtisweese} zzzzzzzzzz
[15:10] {dino} cvlt stop to .22
[15:10] {dino} out cvlt .22, +.24
[15:10] {Threei} down is now like 65/35
[15:14] {dino} tndm
[15:15] {Threei} if you watch RIMM carefully, you can see a lot of quick microscalps
[15:15] {Threei} it gives nice delay after NQ move
[15:15] {Threei} well, they are micro in RIMM terms
[15:16] {Threei} anywhere from 15-20 cents to 50-60
[15:17] {lumdus} amzn working on giving me happy day
[15:24] {Threei} tough read here
[15:25] {bruce} apol deck dino
[15:27] {dino} sm ctrp l .77
[15:30] {dino} apol dk
[15:35] {dino} ctrp stopped -.30
[15:42] {Threei} one more leg down
[15:43] {Threei} here it goes
[15:44] {cosmo} another bad day at blackrock
[15:44] {Threei} where is blackrock?
[15:45] {cosmo} 1952 .. i think
[15:45] {cosmo} a movie
[15:45] {Threei} RIMM was .88 at the moment of down call
[15:45] {cosmo} 1955
[15:46] {Threei} with 13-15 cents stop that was nice play
[15:48] {hawkfan4} CME down 104 pts, yowza
[15:48] {dino} fwlt sm l .50 stop .18
[15:49] {lumdus} done for the day. have a good eventing
[15:50] {Threei} take care lum
[15:51] {dino} down 600 almost since monday
[15:53] {Threei} and all the while talking heads tell people to buy buy buy
[15:56] {dino} out fwlt .55, +.05
[15:57] {Threei} Ok guys, thank you all
[15:57] {Threei} have a good evening
[15:57] {Threei} see you tomorrow
[16:02] {Threei} AKAM
[16:02] {Threei} eps 20 vs 12
[16:03] {dino} .40 vs .37 est
[16:03] {Threei} EPORTS Q4 $0.41 V $0.37E, R $183.2M V $175ME
[16:05] {Threei} CSCO
[16:05] {Threei} miss
[16:05] {magoo} .
[16:05] {Threei} hmm
[16:05] {Threei} wierd numbers
[16:05] {Threei} not sure
[16:06] {dino} nongap .38 csco
[16:06] {Threei} REPORTS Q2 $0.38 V $0.38E, R$9.8B V $9.79BE
[16:09] {curtisweese} you buying akam?
[16:09] {Threei} nah
[16:20] {bruce} night all
[16:24] {dino} gn all, thx for ideas, overall good one
[16:25] {curtisweese} night!
[16:25] {curtisweese} bought in on akam at 30.95
[16:26] {curtisweese} out
[16:26] {curtisweese} hehe
[16:31] {dino} gj

Tuesday, February 5, 2008

February 05 2008

Session Time: Tue Feb 05 00:00:00 2008

[08:45] {Threei} Good morning
[08:46] {Threei} wow SIRF getting serious beating
[08:46] {hawkfan4} good morning vad, all
[08:46] {Threei} hawk :)
[08:47] {hawkfan4} SIRF back to 2004 ipo price
[09:04] {esemde} mornin.....
[09:04] {Threei} ese :)
[09:10] {Threei} relentless selling pressure SIRF
[09:15] {esemde} what was the news on SIRF
[09:16] {dino} gm all
[09:16] {dino} misses
[09:17] {dino} .28 vs .32 est
[09:17] {Threei} dino :)
[09:17] {Threei} missed and guided lower
[09:17] {Threei} plus bunch of downgrades of course
[09:18] {cosmo} CPSL
[09:18] {cosmo} needs to hold 5.4'ish
[09:19] {cosmo} .. on its pause to refresh...
[09:22] {magoo} magoo's in THE HOUSE
[09:23] {Threei} magoo :)
[09:23] {dino} back in 30
[09:25] {magoo} the "tone" for this earnings season was down
[09:25] {magoo} aapl reported..down, goog.,.down etc etc
[09:33] {Threei} KLAC short .50 breakdown
[09:33] {Threei} .65 stop
[09:34] {magoo} full lot?
[09:34] {Threei} 15 cents stop... sure
[09:36] {magoo} i guess i asak is ..is stock slow enough mover to provide erxit time for .15 stop..a personna question..but ty ..ok
[09:36] {magoo} and it follows naz like nvda right/
[09:36] {Threei} mostly yes
[09:37] {Threei} aggressive entry here
[09:37] {Threei} nasdaq drops
[09:37] {Threei} KLAC lags
[09:37] {Threei} .71 stop with aggressive entry
[09:38] {magoo} in .62
[09:40] {Threei} stopped
[09:40] {magoo} yep
[09:42] {Threei} SIRF back to 8
[09:44] {Threei} 8.20 half lot long with stop under 8
[09:44] {Threei} lost support, no play for now
[09:45] {esemde} by the way...sold PALM at end of the day yesterday 6.38 , -.11 -$55 smackers
[09:45] {Threei} sometimes you eat bear...
[09:46] {esemde} yep....
[09:47] {Threei} SIRF setup is back if not losing 8 anymore, trigger can be moved to .15
[09:52] {magoo} in sirf..now need mkt
[09:52] {Threei} PTEK half lot long .11
[09:52] {Threei} .94 stop
[09:53] {magoo} what?? only 300 shares traded
[09:53] {Threei} PTEC, sorry
[09:53] {magoo} lol..and .11 was there too
[09:53] {Threei} slow climber, capable of bigger mover
[09:55] {Threei} TASR TICKING UP ON RENEWED TAKEOVER CHATTER- GE rumored as potential acquirer
[09:55] {esemde} long 1/2 lot SMSI risky 8.27...thin levels
[09:57] {dino} nyx l .45
[09:57] {dino} stop is .18
[10:00] {Threei} 1:1 PTEC, half out who got it
[10:00] {esemde} missed it
[10:01] {esemde} nice one though VAD
[10:01] {Threei} a tad late on alert
[10:01] {magoo} i didn't chase
[10:01] {magoo} by time i loaded it it was .16
[10:01] {esemde} same
[10:02] {Threei} won't be tracking it if no one got it
[10:02] {magoo} nice spot though
[10:02] {magoo} in sirf
[10:02] {hawkfan4} i got it vad, thx
[10:02] {Threei} :)
[10:07] {dino} nyx stopped
[10:09] {Threei} SIRF too
[10:10] {magoo} tough start
[10:11] {Threei} CREE half lot long if not losing .90 and breaks 32
[10:12] {dino} sizing down
[10:13] {Threei} TASR has some fuel...big resistance at 12 ahead
[10:14] {dino} sigm
[10:14] {Threei} TZIX
[10:14] {dino} cvco
[10:14] {Threei} 20 break small shares long
[10:14] {Threei} stop under .75
[10:15] {Threei} volatile one, keep it small
[10:22] {dino} sigm l sm .00, wide
[10:24] {Threei} TZIX holding well under 20 so far, and chewing it slowly
[10:24] {esemde} out SMSI .38 +.11
[10:24] {magoo} a jumper vad?
[10:25] {Threei} can be, quite thin
[10:25] {Roman}
21 YTEC
[10:25] {Roman}
21 sqeezer
[10:25] {Roman}
21 looking to enter small here
[10:25] {Roman}
21 and will add small on pullback
[10:25] {Threei} 02/04/08 05:02pm [YTEC] Reports Q4 $0.26 v $0.18e; R $23.5M v $16.2M
[10:27] {Roman}
21 in YTEC first lot
[10:27] {Roman}
21 17.40
[10:30] {Threei} TZIX better trigger now
[10:38] {dino} watching ctrp, mwiv
[10:39] {dino} ctrp l .22, sm
[10:39] {dino} mwiv l .20 sm
[10:45] {Threei} LLTC .59 shot half lot, .71 stop
[10:46] {dino} is that like 1/2 a shot
[10:47] {Threei} yup, for non-drinkers
[10:47] {dino} ahhh
[10:47] {Threei} they need to start slowly, you know
[10:48] {Threei} but by the time magoo and I are done reconditioning them...
[10:49] {dino} ctrp stopped +.04
[10:51] {Threei} trail LLTC to .65
[10:52] {Threei} it's practically at 1:1
[10:52] {Threei} feel free to take scalp
[10:57] {Threei} those who hold, trail to .61
[10:58] {magoo} anyone know when BIDU reports?
[10:59] {hawkfan4} 2/13 after market mags
[10:59] {magoo} thanx hawk : )
[10:59] {hawkfan4} np
[11:03] {dino} out mwiv .60, +.40
[11:03] {dino} nice spike
[11:04] {Threei} 1:2 LLTC, me out
[11:04] {hawkfan4} nice one vad, thx
[11:05] {Threei} :)
[11:05] {magoo} easy button vad
[11:06] {Threei} hit it twice please
[11:09] {dino} ctrp sm l .08
[11:11] {bruce} nyx looking better long now dino
[11:11] {dino} mwiv l sm .40
[11:13] {dino} tough one, but yes, w/ stop at lod
[11:14] {bruce} toolate now - was thinking about 30 entry
[11:14] {dino} good spot bruce
[11:16] {bruce} thinking tyc on break of .46 dino
[11:17] {magoo} vad, your done w/tzix right? as in not valide
[11:17] {dino} good report
[11:18] {Threei} still keeping an eye on it mags
[11:24] {magoo} well..u have extra
[11:25] {bruce} out tyc -6c
[11:29] {dino} good stop
[11:30] {bruce} break didn't take off so dumped it
[11:33] {Threei} SEN BANKING PANEL CHMN DODD TO MEET WITH FED CHAIRMAN BERNANKE TOMMOROW TO DISCUSS ECONOMY AND HOUSING
[11:33] {Threei} go long thier wine and cheese supplier i guess
[11:34] {dino} form
[11:35] {dino} i have to laugh, hilary, when i get into the pres. office, i will freeze rates on mtgs. (of course, thats in jan 2010)
[11:37] {bruce} I think form will go lower yet
[11:38] {dino} ctrp stop to .58
[11:38] {dino} 23.60s?
[11:39] {dino} out ctrp .60, slipped upwards,
[11:39] {dino} +.52
[11:39] {bruce} nice dino -
[11:39] {magoo} nice
[11:39] {dino} ty
[11:40] {bruce} 23.60 looks reasonable to me
[11:41] {dino} "reasonable" you're getting deep
[11:41] {magoo} anyone using arca quotes in laser??
[11:41] {dino} i want "un"reasonable
[11:42] {magoo} vad, u using ARCA quotes??
[11:42] {Threei} yes
[11:43] {dino} is vad here?
[11:43] {magoo} ty
[11:43] {Threei} COIN... watching if getting momo or just floating
[11:46] {bruce} lol dino - 4.37?
[11:46] {dino} sm form .17
[11:50] {dino} form stop is .84
[11:59] {Chaeron} .
[12:00] {magoo} ..
[12:00] * Chaeron slaps magoo around a bit with a large trout
[12:00] * magoo slaps Chaeron around a bit with a large trout
[12:00] {Chaeron} :)
[12:00] {Threei} RIMM starts looking like ashort
[12:00] {Threei} .50 breakdown if stays under 91
[12:01] {Threei} would prefer aggressive entry of course
[12:04] {Threei} in
[12:04] {Threei} will require market help as usual
[12:06] {Threei} that was a good jump to get in
[12:06] {Threei} quite tight stop in RIMM terms
[12:06] {dino} ctrp fast drop
[12:08] {dino} missed it
[12:11] {Threei} die RIMM
[12:12] {magoo} i got .63, what u get?
[12:14] {Threei} .64
[12:18] {Threei} hmmm... holding despite NQ drop
[12:18] {Threei} traing to .91
[12:18] {Threei} trailing
[12:18] {dino} form stopped .83 -.34
[12:19] {bruce} sorry dino
[12:19] {dino} you were closer to right than i
[12:19] {bruce} we'l see what it does from here
[12:21] {Threei} RIMM, make your decision here, scalp or half
[12:31] {Threei} RIGL half lot 25 short
[12:31] {Threei} .20 closest resistance for stop placement for now, if triggers from here .15 will be valid as well
[12:33] {Threei} who would have thought SIRF was still a short after that gap
[12:34] {Threei} things set in motion...
[12:35] {magoo} u short rigl now?
[12:36] {Threei} didn't trigger
[12:37] {Threei} cover RIMM at will
[12:38] {Threei} cool 60 cents
[12:39] {Threei} maybe capable of more but I care not
[12:40] {magoo} covered @ .99 TY
[12:40] {Threei} wtg
[12:40] {magoo} was waiting .88..no fill..adjusted
[12:41] {dino} form .69
[12:42] {Threei} stubborn supporter at 25.02
[12:44] {Threei} gave up
[12:44] {Threei} or moved 1 cent lower
[12:47] * Threei hits RIGL buyer over the head with 2x4
[12:48] {Threei} .15 stop
[12:51] {magoo} what entry u get? .01? i 25
[12:51] {Threei} 25
[12:51] {magoo} rimm looks short
[12:51] {magoo} not in
[12:52] {Threei} I see just one relief from this chinese watr torture
[12:52] * Threei slaps LaserDave1 around a bit with a large trout
[12:52] * magoo slaps LaserDave1 around a bit with a large trout
[12:52] {Threei} Roman's YTEC tries
[12:55] * Chaeron slaps LaserDave1 around a bit with a large trout
[12:55] {Chaeron} (better late than never)
[12:55] {Threei} yes but if you are late you8 have to do it twice
[12:57] * Chaeron slaps LaserDave1 around a bit with a large trout
[12:57] * Chaeron slaps LaserDave1 around a bit with a large trout
[12:57] {Chaeron} paid in full?
[12:57] {Threei} even with some excess
[13:02] {dino} tyc l .00
[13:02] {dino} stop lod
[13:11] {Threei} RIMM is holding better than market
[13:11] {Threei} long scalp candidate on bounce
[13:12] {Threei} .51 long if holding above .35
[13:16] {Threei} FED'S LACKER: SIGNIFICANT DECLINE IN GROWTH SINCE AUGUST, FURTHER EASING MAY BE WARRANTED, MUCH OF DECLINE IN LAST TWO MONTHS
- Possibility of mild recession, uncomfortable with inflation picture.
[13:16] {Threei} - Housing inventories are depressing sales and construction.
[13:16] {Threei} - Sees sluggish growth as most likely path in near future, lethargic job growth in 2008.
[13:16] {Threei} - Says if job growth remains positive, could curb recession.
[13:23] {dino} ctrp l sm .75
[13:27] {bruce} nyx may be setting up long here dino
[13:29] {dino} bloody
[13:29] {Threei} RIGL starts working finally
[13:33] {Threei} 1:1
[13:41] {Threei} covered +18
[13:41] {Threei} anyone?
[13:41] {magoo} me
[13:41] {magoo} ty
[13:42] {Threei} :)
[13:42] {Threei} 1:2
[13:42] {hawkfan4} me too vad, thx :)
[13:42] {Threei} welcome :)
[13:42] {bruce} spwr dino
[13:43] {Threei} very slow but easy and safe
[13:44] {dino} dk
[13:48] {dino} lod's
[13:50] {bruce} taking break
[13:54] {dino} good idea
[13:55] {Threei} STKL is slow and narrow but immune to nasdaq drop
[13:58] {Threei} AAPL sharp down
[13:58] {Threei} bounce into .50 deserves shorting
[13:59] {Threei} stop would be above .70
[14:00] {Threei} in
[14:00] {Threei} stop .55
[14:01] {Threei} half out .24
[14:01] {Threei} die now AAPL
[14:01] {Threei} NASDAQ does, why not you
[14:02] {Threei} stop to breakeven
[14:02] {Threei} won't lose money on it but want to see if it can't lose 129
[14:03] {Threei} for if it does
[14:03] {Threei} me shall be happy
[14:04] {Threei} what, that's all?
[14:04] {Threei} come on, such breakdown deserves more than 10 cents
[14:05] {Threei} stop to .35
[14:06] {Threei} out
[14:06] {Threei} got a bit greedy on seconbd half as if 50 cents was not enough
[14:07] {Threei} if you all fell asleep let me know, I will too
[14:08] {magoo} here
[14:09] {patience} my dog is snoring....won't be long before he has company
[14:09] {Threei} cat slept until smelled banana peeled
[14:11] {dino} magoo snoring too
[14:11] {Threei} elbow in the ribcage should do it
[14:18] {dptl} good afternoon all......,did i miss anything?
[14:21] {dino} no
[14:26] {Threei} couple slow ones
[14:28] {Threei} SIRF, quick selloff under 7 will be worth long attempt
[14:28] {dptl} i see
[14:30] {dino} tyc stop to .40
[14:31] {Threei} if not losing 7, .07 long with .99 stop
[14:33] {Threei} here goes
[14:34] {Threei} 7.01 if holding above .95
[14:34] {magoo} in
[14:36] {dino} tyc to .50
[14:36] {dino} btw ty bruce, would've never found that one
[14:37] {dino} to .59
[14:39] {dino} out .68, tyc, +.68
[14:39] {Threei} wtg
[14:39] {dino} ty
[14:39] {dino} too tight
[14:40] {Threei} IDMI lost its mind today
[14:40] {Threei} half out SIRF
[14:41] {Threei} +.17, almost 1:3
[14:42] {Threei} stop .99
[14:42] {dptl} i grabed .12c ty
[14:42] {Threei} letting it trade
[14:43] {Threei} welcome... you got back just in time for another slow one eh?
[14:43] {dptl} yep perfect timing
[14:47] {bruce} just got back - glad tyc worked for you dino
[14:49] {Threei} 1/4 more out SIRF
[14:49] {Threei} +.34
[14:50] {Threei} 7.15 stop for the ladst portion, with target somewhere above .50
[14:53] {magoo} out sirf here, ty vad
[14:53] {Threei} welcome
[15:00] {Threei} look at daily IDMI
[15:00] {Threei} not every day you see that
[15:02] {dino} back in 10
[15:14] {Threei} RIMM.31 small long
[15:14] {Threei} .19 stop
[15:16] {magoo} in vad
[15:16] {magoo} .31
[15:16] {Threei} 1:1 easy
[15:17] {Threei} and over
[15:17] {Threei} decide for yourself scalp or hold
[15:18] {Threei} with such entry there is a luxury to pick your options
[15:19] {Threei} scalpers win
[15:19] {magoo} theme of 08
[15:26] {bruce} klac short?
[15:28] {Threei} I am not too keen on shorting here bruce
[15:29] {bruce} k- just thinking we're losing in on end of day
[15:29] {bruce} closing
[15:30] {Threei} this is the point where it's anyone's guess what takes over for last part of the day, further selling or some covering
[15:30] {Threei} and KLAC being toy in NASDAQ hands, not what I'd play here
[15:31] {bruce} k - retiring mouse for day
[15:32] {Threei} not necessary
[15:33] {dino} alab
[15:33] {Threei} just need clean setup with small risk, not general direction idea
[15:33] {Threei} for instance, same KLAC, .81 long if holding above .70
[15:34] {bruce} k - got you
[15:35] {dino} bruce, think probabilities, market down 3%+ in 48 hours
[15:37] {bruce} k dino
[15:43] {dino} tyc strong
[15:43] {Threei} IDMI stronger
[15:44] {dino} y
[15:44] {Threei} freak show, lol
[15:44] {dino} dwsn, the one day i don't trade it
[15:52] {bruce} micc dino
[15:52] {Threei} i can't take my eyes off IDMI
[15:57] {Threei} ok guys, thank you all, much easier trading so far this month,
[15:57] {Threei} have a good evening
[15:57] {Threei} see you tomorrow'
[15:59] {dino} ctrp stopped -.31
[15:59] {dptl} have a good evening all
[16:01] {magoo} good nite all
[16:03] {bruce} night mags
[16:03] {dino} down day, get 'em tomorrow
[16:03] {bruce} form spike dino
[16:04] {dino} hmmm
[16:04] {bruce} yep - same here dino
[16:04] {dino} no news
[16:04] {dino} bad yrade/misprint
[16:04] {dino} trade
[16:05] {dino} ok form earnings out
[16:05] {bruce} maybe - level 2 issitting down here though
[16:06] {bruce} trades going off so dump seems legit
[16:07] {Threei} REPORTS Q4 $0.29 V $0.36E, R$120.5M V $126ME
[16:07] {dino} looks like a miss.29 vs .36 exp, .09, stock, .06 other
[16:18] {dino} usna
[16:22] {bruce} another one to watch for tomorrow
[16:23] {bruce} night all
[16:30] {dino} rate
[16:32] {dino} l sm .25

Monday, February 4, 2008

February 4 2008

Session Time: Mon Feb 04 00:00:00 2008

[08:42] {cosmo} RNWK: Yahoo Music Users Going to RealNetworks
[08:42] {cosmo} AP (Mon 7:28am)
[08:42] {cosmo} ..RNWK is happy ....so far
[08:45] {Threei} Good morning
[08:46] {Threei} MSFT CFO: SEES DOUBLE DIGIT SALES GROWTH IN FY09
[08:46] {Threei} are we in recession or that is being canceled
[08:47] {cosmo} its an option..
[08:47] {Threei} BUSH FY08 BUDGET PROJECTS $410B DEFICIT V $258B PRIOR - WIRE HEADLINE
- FY $3.11T budget proposal would nearly freeze
[08:47] {Threei} - "longer term outlook is sobering. healthcare costs create unsustainable pressures"
[08:47] {Threei} - budget does not adjust GDP forecast; remains at 2.7% for 2008, and 3.0% for 2009
[08:48] {magoo} morning
[08:48] {Threei} magoo :)
[08:48] {magoo} i am a long time giants fan...
[08:48] {magoo} YABBA DABBA DOO
[08:48] {cosmo} symbol mags?
[08:48] {cosmo} ah
[08:49] {Threei} I can agree with yabba and doo mags... but when it comes to dabba I will have to take exception, sorry
[08:51] {magoo} u watch game? AWESOME
[08:52] {dptl} good morning all
[08:52] {cosmo} i felt bad for Seau
[08:52] {Threei} dp :)
[08:57] {Threei} CFO: MICROSOFT IS LIKELY TO BORROW MONEY FOR THE FIRST TIME IN ORDER TO BUY YAHOO!
[08:57] {cosmo} borrow?
[08:57] {cosmo} omg
[08:58] {Threei} I am not giving them any
[08:59] {cosmo} yet
[09:00] {lumdus} morning all. So did yhoo except the offer ?
[09:01] {Threei} 02/03/08 11:18pm [YHOO] According to a source at TechCrunch, a Yahoo insider says that the company is seeking a $35-$40/share bid
[09:01] {Threei} 02/03/08 06:31pm [YHOO] Google CEO has offered Yahoo help to block Microsoft bid - WSJ citing sources
[09:02] {Threei} 02/03/08 04:55pm [YHOO] Yahoo is mulling potential Google tie-ups as a possible takeover defense
[09:02] {Threei} 02/03/08 04:39pm [YHOO] YHOO management thinks MSFT bid is undervalued - wires citing sources
[09:02] {Threei} game is on
[09:03] {lumdus} "Microsoft is committed to openness, innovation, and the protection of privacy on the Internet," Smith said. "We believe that the combination of Microsoft and Yahoo! will advance these goals."
[09:03] {lumdus} too funny
[09:03] {cosmo} scarry too
[09:03] {cosmo} skeery
[09:04] {cosmo} PALM
[09:05] {Threei} APWR on watch for momo continuation
[09:09] {cosmo} RNWK pre mkt high = 6.9 fwiw
[09:10] {dino} gm all
[09:10] {Threei} dino :)
[09:18] {Threei} http://www.realitytrader.com/blog/2008/02/psychology-101.html
[09:18] {esemde} morning campers....
[09:18] {Threei} ese :)
[09:19] {Threei} COIN, SEED, SOLF show some strength
[09:20] {Threei} going over recent momos
[09:34] {Threei} KLAC long half lot if pullas back into .30
[09:35] {esemde} palm....jp morgan raises rating to overweight
[09:35] {bruce} grmn looks like possible breakout
[09:35] {Threei} if holding above .35, long trigger is .51
[09:36] {esemde} nice move SOLF ....what will the market do....help or hinder
[09:38] {esemde} bstop PALM 6.94....we'll se if it gets back to there
[09:38] {Threei} .19 nearest support KLAC, want it as close to it as possible
[09:38] {Threei} in
[09:38] {Threei} stop under 44
[09:39] {lumdus} in amr 15.53 stop 15.38
[09:39] {Threei} stopped
[09:39] {lumdus} stopped
[09:40] {Threei} looking for reentry on NASDAQ bounce
[09:41] {magoo} in .95 klac
[09:41] {Threei} stop .75
[09:42] {dino} s infn .65, stop .93
[09:42] {Threei} NASDAQ is very unstable here mags, careful
[09:43] {magoo} yeah..no help
[09:43] {dptl} out klac +.12avg ty
[09:44] {dino} lstr pop
[09:45] {Threei} stop to .79 IMO
[09:45] {esemde} yes indeed....nas could go anywhere from here for sure....
[09:45] {Threei} either nasdaq finds its foot here or we don't want KLAC
[09:46] {Threei} here comes help
[09:46] {Threei} KLAC held well on this last pullback
[09:46] {Threei} there
[09:46] {Threei} feel free to take profit as you see fit magoo
[09:46] {magoo} out
[09:46] {magoo} ty
[09:46] {Threei} wtg
[09:48] {Threei} CPSL?
[09:48] {Threei} no news here
[09:48] {lumdus} short efa 73.17 stop 73.23
[09:50] {dino} gj guys
[09:50] {esemde} you called COIN earlier Vad.....it's making a nice move
[09:50] {Threei} AMAG
[09:50] {Threei} scary thing
[09:51] {Threei} ugh, disregard
[09:51] {esemde} nas not helping anyone here....
[09:51] {lumdus} i need efa to break 73 then i am golden
[09:51] {Threei} no, but somehow a lot of stocks ignore it
[09:51] {bruce} seed vad?
[09:51] {Threei} no breadth to donwward move so far
[09:52] {esemde} if you get a chance Vad take a lokk at PALM for me
[09:52] {esemde} now thinking pullback long....
[09:52] {Threei} not sure bruce... I like their momo, COIN and SEED, but they usually pull back hard when NASDAQ is weak
[09:52] {bruce} k - thanx vad
[09:53] {lumdus} vad, so when there is no breadth we figure no big downware comming ?
[09:53] {Threei} that's the assumption at this point
[09:53] {Threei} ese, I would buy .51
[09:53] {Threei} with .34 stop
[09:53] {lumdus} ok, i'll watch myself here.
[09:53] {esemde} tks
[09:54] {dino} infn bstop to .61
[09:54] {Threei} if loses .35, 6.10 is next level to watch for entry
[09:55] {esemde} long PALM .6.51 1/2 lot
[09:56] {bruce} yhoo long on .06 break?
[09:56] {Threei} YHOO is a toy of all the news barrage
[09:57] {Threei} MSFT bid related
[09:57] {Threei} there won't be much of technical read to it, new news item will cause big move
[09:57] {Threei} and who knows what kind of news pops in all this fight
[09:58] {lumdus} in short, yahoo is not easy money.. so go catche easier fish.. right ?
[09:59] {Threei} it's simply unreadable from any point of view but news
[09:59] {Threei} imagine MSFT coming out with "we are dropping whole deal"
[09:59] {Threei} and youare long at this moment
[09:59] {bruce} k
[09:59] {lumdus} vad, nbr long ?
[10:00] {Threei} or imagine GOOG saying we will buy you so MSFT wouldn't... and you are short
[10:00] {Threei} stop on NBR would be under .30
[10:01] {Threei} it's stronger than market overall
[10:01] {lumdus} tx vad
[10:01] {Threei} wouldn't want to buy into market selling
[10:01] {magoo} there was a call on NBR?
[10:01] {Threei} [09:59] {lumdus} vad, nbr long ?
[10:02] {magoo} ok
[10:02] {Threei} if you like it, it's a first strength from here
[10:02] {lumdus} took a loss
[10:02] {magoo} klac following naz
[10:02] {Threei} lum... you were in when you asked?
[10:03] {lumdus} no, when you answered
[10:04] {Threei} you mean when I just started answering then...
[10:04] {lumdus} yes.
[10:04] {Threei} because by my read, I would buy .31 on it
[10:04] {Threei} first strength off pullback supporrted by market bounce
[10:04] {lumdus} not getting back in there now.
[10:05] {lumdus} still short EFA. today not much working for me i am 2:2 loss
[10:05] {Threei} you went long right into strong market downtick
[10:05] {magoo} any more read KLAC vad?
[10:05] {dino} bstop infn to .41
[10:06] {dino} cavm....
[10:06] {Threei} mags, .10 nearest support
[10:06] {Threei} if holding it, great, we have long candidate for market bounce
[10:06] {Threei} entry is not clear yet
[10:07] {magoo} gotcha, plus naz not clear either here
[10:07] {lumdus} go efa and die horribly now. !
[10:07] {Threei} NASDAQ new low
[10:08] {Threei} KLAC didn't hold
[10:08] {Threei} backing off of longs for now
[10:09] {dino} cov infn .35 +.30
[10:10] {Threei} SEED is holding well
[10:10] {dino} cavm s .64, stop .-01
[10:10] {Threei} .75 support SEED... if holding above, .96 worth a try long, volatile and risky
[10:11] {Threei} if market moves sntorngly back up, COIN .30 long with stop under .10, volatile aand risky
[10:13] {Threei} SOLF, missing it off 17 was an act of idiocy by me
[10:14] {Threei} CSIQ, pullback into 19.60 is watch for long
[10:16] {dino} dwsn l .04
[10:16] {dino} wide risky
[10:16] {Threei} CTDC
[10:16] {Threei} .90 break long
[10:16] {Threei} .74 stop
[10:18] {Threei} FSLR seems to push solars
[10:23] {lumdus} ctdc stop still .74 ?
[10:23] {Threei} just under .85 now
[10:23] {lumdus} tx
[10:24] {Threei} solars are trying acvross the board, just general weakness in the market again that keeps me on a caution side
[10:24] {dino} sm, l uhal .38, very thin
[10:24] {Threei} don't want to get caught into fizzling out rally attempt
[10:26] {lumdus} everything seems to fizzle today. maybe ctdc will be a good one
[10:28] {Threei} SOLF .80 long if holsind above .60
[10:28] {Threei} holding
[10:28] {bruce} klac lookingshort vad
[10:28] {dino} snoop dog market lum
[10:29] {Threei} with stop above .80 bruce
[10:29] {Threei} if not in, let it bounce
[10:29] {bruce} k -
[10:30] {Threei} if that's all it's apable of, short .64
[10:31] {Threei} caught it or broke too fast?
[10:32] {bruce} issed
[10:32] {Threei} sharp red NASDAQ candle killed it
[10:33] {Threei} NVDA .39 short if no go above .50
[10:33] {bruce} klac too
[10:34] {Threei} if breaks .50, watch for aggressive entry around .60 resistance
[10:35] {esemde} SOLF just looking for an excuse to take off...still swing long at 16.09
[10:36] {magoo} sh nvda
[10:36] {esemde} as a matter of fact my solar screen is turning green most of it
[10:36] {bruce} thatwas fast - grabbed uick 8c in nvdfa
[10:36] {magoo} anyone else?
[10:36] {dptl} shrt nvda .39
[10:37] {Threei} NVDA 1:1
[10:37] {dino} cavm bstop to .22
[10:38] {magoo} out
[10:38] {dptl} damn....scrude up
[10:39] {bruce} seed settingup short?
[10:39] {dino} cov cavm .21, +.43
[10:40] {Threei} not in short list bruce
[10:40] {lumdus} in amt 38.66
[10:40] {lumdus} long
[10:40] {bruce} k vad
[10:41] {Threei} dp, NVDA never broke resistance... if uncomfortable scratch it here
[10:41] {dptl} ye got out with +.03
[10:41] {dino} darn, too tight cavm
[10:41] {Threei} good
[10:41] {dino} dscp
[10:44] {Threei} ELON
[10:44] {bruce} klac long on 28 break?
[10:44] {Threei} half lot long on .25 break
[10:44] {Threei} stop under 14.10
[10:45] {Threei} a bit late bruce
[10:45] {magoo} SOLF
[10:45] {bruce} yep -
[10:46] {Threei} pullback
[10:46] {Threei} worth entry bruce
[10:46] {Threei} .14 stop if going for scalp
[10:46] {bruce} long setup nvda - .50 break
[10:47] {Threei} .05 stop if bigger recovery
[10:47] {magoo} KLAC ?
[10:47] {Threei} yes
[10:48] {magoo} solf huge offer 18
[10:52] {Threei} KLAC stop to .19
[10:54] {dino} sm wide, l gs .50
[10:54] {magoo} csiq took off
[10:55] {dptl} in elon.28
[10:58] {dptl} stop under.10 still?
[10:58] {Threei} yes, want to trail it after breaking .30
[10:58] {dptl} ok ty
[10:59] {Threei} if SOLF takes that 18, there is not muych resistabnce tikll 19
[11:00] {Threei} volatility on it though...
[11:00] {Threei} FSLR new high
[11:01] {esemde} I was thinking that there would be bigg resistance at 20 Vad
[11:01] {Threei} HOKU wakes up
[11:01] {Threei} yes ese
[11:01] {esemde} and if it got by that.....would go to 25 for sure and then who knows
[11:02] {Threei} anyone still in KLAC or you all scalped?
[11:03] {esemde} markets gonna put a stop to it at some time though....were still in a down market
[11:03] * Threei kicks ELON in the rear
[11:04] {esemde} Theses that viloent thing again....
[11:05] {bruce} still in
[11:08] * Threei pputs new steel toes on his boots and repeats kick for ELON
[11:09] {Threei} hey
[11:09] {magoo} that worked lol
[11:09] {Threei} was that an effective kick or what
[11:09] {dptl} oops that was the kick Vad
[11:09] {dptl} out+.15 ty
[11:09] {Threei} feel free to take profit as you see fit
[11:09] {Threei} welcome
[11:10] {Threei} bruce, KLAC stop to .24 IMO
[11:10] {Threei} and start paring out on spike over .53
[11:11] {Threei} over .50 sorry
[11:11] {bruce} thanx vad
[11:15] {Threei} should go this time
[11:16] {Threei} if doesn't tighten it
[11:16] {Threei} don't lose money on it
[11:16] {magoo} any rerad on csiq or solf monsters?
[11:17] {Threei} I hate buying breaks on them mags
[11:17] {magoo} me too
[11:17] {Threei} readable pullback or no play
[11:17] {magoo} plus, seem to be dependent on naz direction
[11:17] {Threei} 20.50 nearest support on CSIQ
[11:17] {dino} uhal stop to .86
[11:18] {Threei} ideally, pullback into support and NASDAQ jumps up right then... tough to count on it but that's the only safe way to play thme
[11:18] {bruce} out klac +5c
[11:20] {Threei} just in time bruce
[11:21] {bruce} yeah
[11:21] {bruce} was hoping for 54 brea
[11:21] {lumdus} out efa 73.09 + .11
[11:21] {Threei} it looked like was about to...
[11:21] {bruce} watching it now for possible double bottom entry
[11:21] {lumdus} ctdc out 6.11 +.22
[11:21] {lumdus} tx vad
[11:21] {Threei} welcome
[11:22] {lumdus} lunch time - cy later
[11:22] {dino} out gs 205.07, +.57
[11:22] {Threei} market is questionable here bruce
[11:22] {bruce} nice one dino
[11:22] {Threei} I would put bottom catching off for the time being
[11:22] {bruce} chop and slop today
[11:22] {dino} out uhal .91 +53
[11:24] {bruce} congrats dino - was a bit too thin form my taste - only 7 k for day at your entry
[11:24] {dino} lol, i know, but was watching since open, got lucky
[11:25] {bruce} glad it worked - you're on fire today
[11:25] {dino} dscp one more spike i think bruce, then down
[11:25] {dino} you missed a good week last week, i was asking for you
[11:25] {dino} hatn
[11:25] {dino} hayn
[11:27] {bruce} couldn't log on
[11:27] {bruce} wife borrowed my laptop
[11:28] {bruce} amr looking weak
[11:31] {dino} watch oih w/airlines, reverse
[11:32] {bruce} wynn dino
[11:35] {dino} i like it long, not sure where
[11:35] {bruce} agreed _ I'd like to see it drop a bit more
[11:36] {bruce} also klac clean double bottom now
[11:36] {dino} 109 area, ???
[11:36] {dino} too far tho
[11:37] {bruce} was thinking about 110.5
[11:37] {bruce} for wynn
[11:38] {bruce} look at chnr here dino
[11:38] {bruce} your thoughts on it short now?
[11:38] {dino} stop at .16 or so, yes
[11:39] {bruce} no go - I can't short it
[11:39] {dino} same
[11:40] {dino} you get dwsn?
[11:41] {bruce} missed that call completely
[11:41] {dino} stop is .38, 5 for 5. odds going against me now, pulling back
[11:42] {bruce} amr beaking
[11:42] {dino} ctrp
[11:42] {dino} chnr would've worked, nice read
[11:43] {dino} osbc, drop, bank stock
[11:44] {bruce} nice momo crtp
[11:45] {dino} hayn continues up
[11:45] {dino} out dwsn ave .41, +.38
[11:46] {dino} missed osbc
[11:47] {dino} arii
[11:48] {dino} some really big moves today
[11:51] {bruce} yes
[11:51] {bruce} you think arii is done?
[11:52] {bruce} sina short vad?
[11:53] {Threei} doesn't feel right to me
[11:54] {bruce} k
[11:56] {dino} i can't borrow arii
[11:57] {dino} fwiw, fxp down 6 bucks, its the china short fund
[11:58] {bruce} k - so much for arii
[11:59] {Threei} CSIQ is holding like champ
[12:00] {dino} the "big sandwich" is under-rated imo
[12:02] {dptl} so 21 csiq?
[12:04] {bruce} any read nvda vad - looks like it wats to go down to me
[12:08] {bruce} cpsl breakinglong
[12:08] {Threei} let's wait dp... unclear
[12:08] {dptl} ok
[12:08] {Threei} NVDA should if nasdaq drops bruce... as always
[12:09] {bruce} thanx vad
[12:09] {Threei} .30 closest resistance
[12:10] {Threei} so if NASDAQ downticks, quite safe short here
[12:11] {esemde} outta here......1st day 2nd semester of classes.....work to do have a great day
[12:12] {Threei} take care ese
[12:24] {bruce} omtr looks weak
[12:24] {dino} sm s hayn .78,
[12:25] {dino} lucky spike entry
[12:27] {bruce} nice entry dino
[12:27] {dino} got greedy tho, should've cov. at .20ish
[12:28] {bruce} still in it?
[12:28] {dino} y
[12:29] {Threei} NVDA .19 worth a try short
[12:29] {Threei} if stays under .30
[12:46] {Threei} market starts getting upward look
[12:48] {Threei} if CSIQ hits .75, long with stop under .50
[12:48] {Threei} keep size reasonable, this is not your orderly traded stock
[12:59] {magoo} so, u in CSIQ here?
[12:59] {Threei} yeah
[13:01] {dino} cpla
[13:03] {bruce} taking break
[13:04] {magoo} nvda short looks good here
[13:04] {magoo} not in
[13:06] {magoo} in nvda sh.20
[13:07] {dino} cpla more blood
[13:08] {Threei} ewierd selling
[13:08] {magoo} wow..goog lost 500
[13:08] {dino} mkt letting go
[13:08] {dino} stay away
[13:11] {dino} sm l cpla .40 wide. risky
[13:12] {dino} cov hayn .53, +.25
[13:19] {magoo} out nvda sh..mkt feels like up
[13:20] {Chaeron} hmmm... Dave not in yet
[13:20] {magoo} so, next best thing
[13:21] * magoo slaps Chaeron around a bit with a large trout
[13:21] {Chaeron} heheh ... glad to be of service
[13:36] {lumdus} in rtn 66.60 stp 66.48 long
[13:37] {Threei} let's take 21 CSIQ
[13:38] {lumdus} no way it has "ewierd selling"
[13:38] {magoo} exit or entry?
[13:38] {magoo} csiq?
[13:38] {Threei} entry was .75
[13:38] {magoo} thats what i thought
[13:39] {Threei} half out
[13:39] {Threei} scalpers are out in full
[13:39] * Threei slaps LaserDave1 around a bit with a large trout
[13:40] * magoo slaps LaserDave1 around a bit with a large trout
[13:40] {lumdus} yeah, 3i nice call no reason to get slapped for it.
[13:40] * Chaeron slaps LaserDave1 around a bit with a large trout
[13:40] * LaserDave1 slaps LaserDave1 around a bit with a large trout
[13:40] {lumdus} stop fighting you babies !
[13:40] {Threei} greeting commitee is in force
[13:41] {LaserDave1} niceeeeee
[13:41] {dino} gs sm l .20
[13:41] {Threei} we knew you were going to like it
[13:41] {LaserDave1} but of course
[13:43] {magoo} dave, do u realize we wait all morning for u to log in : )
[13:45] {lumdus} vad, push rtn up a little for me please.
[13:47] {Threei} that's one heavy thing to push...
[13:47] {Threei} hernia-inducing I'd say
[13:48] {Threei} UPDATE: LOOPRUMORS SPECULATES THAT APPLE, IACI, AND NWS MAY ALL BE CONSIDERING RIVAL BIDS FOR YAHOO- reminder: another rumored bidder that has been bandied about include TWX. NWS stated last week that it is not interested in Yahoo. In general, analysts have commented that another bidder is somewhat likely to emerge and that a final buyout price for Yahoo will be significantly above the $31/shr currently offered by MSFT
[13:52] {lumdus} short nke quick scalp
[13:52] {lumdus} s nke .53 stop b/e
[13:52] {lumdus} stop .41
[13:53] {lumdus} see if i can get at least .20 on the dam thing
[13:53] {lumdus} out .42
[13:53] {lumdus} +.11 wow !
[13:56] {lumdus} hmm, nke going to work, because i scalped it. crap
[13:58] {lumdus} rtn finally heating up ever so slowly
[13:58] {Threei} lum... I moved this thing by 3 cents... I need 3 days off
[13:59] {Threei} and I still have some CSIQ to kick
[14:01] {Threei} what's with stem cells?
[14:01] {lumdus} he hee
[14:01] {Threei} GERN, STEM, ASTM
[14:03] {Threei} let's go CSIQ, just how long can you annoy me
[14:04] {lumdus} amzn, looks weak so far,
[14:05] {Threei} stop is .89 btw
[14:06] {lumdus} amzn, about to setup up for a dip
[14:07] {Threei} out
[14:09] {dino} pard
[14:10] {lumdus} short amzn .17 stop ..
[14:10] {lumdus} .36 not looking to lose more today
[14:20] {dino} axys
[14:25] {bruce} ua long on brak of 40.50 dino?
[14:26] {dino} y w/mkt
[14:29] {bruce} leh looks short
[14:33] {dino} stopped cpla -.13
[14:39] {lumdus} we headed south maybe
[14:40] {lumdus} i didn't get one good trade today. scalp for pennies.. nothing yet
[14:40] {lumdus} short cma 43.06 stop 43.11
[14:44] {bruce} time to short axys dino?
[14:45] {dino} imo no
[14:45] {lumdus} even amzn trading flaat last 2 hours.
[14:46] {bruce} k - you want it higher?
[14:46] {dino} y
[14:46] {bruce} k - thanx
[14:46] {dino} pretty thin vol., and look at offers, feels up imo
[14:47] {lumdus} dino, today is thin volume overall or regular ?
[14:47] {dino} seems average, but the thinner plats are really moving
[14:47] {dino} plays
[14:48] {dino} morning was easier
[14:48] {dino} fxre jumpy again, was on thursday
[14:49] {lumdus} ok . i had no follow-thru on any my trades today.
[14:50] {dino} everybody is different lum, my style worked today, thats all. don't overthink
[14:50] {bruce} damn lum - you'll have to trade tomorrow
[14:50] {dino} magoo hasn't traded since lunch. he got up and stepped aside
[14:51] {dino} my point....don't push it, wait for your pitch
[14:51] {bruce} yes - but thats cause hes lazy dino
[14:51] {lumdus} ok thanks dino. i so far didn't hit my stop loss, so i am fine - just not happy
[14:51] {dino} lol
[14:52] {magoo} HEY
[14:53] {lumdus} you back magoo.
[14:53] * bruce slaps magoo around a bit with a large trout
[14:53] {lumdus} i am short cma for almost 25 minutes no break either way
[14:53] {bruce} borrow vads boots lum
[14:55] {dino} put your stop in and don't worry about it lum
[14:55] {lumdus} then he will compalins he is getting a hernia because i am using his boots
[14:56] {magoo} dave dc
[14:56] {magoo} hi
[15:04] {bruce} vad already has a hernai
[15:04] {bruce} from kicking mags
[15:05] {Threei} hey, that trout is mighty heavy
[15:05] {bruce} especially with a cat on the end of it
[15:06] {magoo} trout??
[15:06] * magoo slaps Threei around a bit with a large trout
[15:10] {dino} cpla l .33
[15:23] {dino} axys bruce
[15:25] {dino} sm s .65
[15:25] {dino} darn partial
[15:35] {lumdus} have a nice day all. See you next time
[15:35] {bruce} night lum
[15:36] {Threei} CPSL is impressive
[15:39] {magoo} yeah..u first alerted around 4.60
[15:42] {dino} axys bstop to .50
[15:43] {dino} .10 spread tough to get out of
[15:43] {dino} cov .49, +.16
[15:43] {dino} good thing
[15:44] {bruce} well played dino
[15:44] {dino} lol, lucky thats all, 10 seconds later would've hit original stop for loss
[15:45] {dino} thing bounced .50
[15:45] {dino} going to 41.40-.60
[15:48] {bruce} spreads closed now - it looks meek and mild
[15:49] {dino} 5 cents
[15:50] {Threei} AT$T RAISING DSL PRICES BY $5 PER MONTH
[15:55] {magoo} bastards lol
[15:55] {dino} axys 41.42
[15:55] {cosmo} hey...makes more cents
[15:56] {dino} cpla stoppped -.28
[15:56] {dino} osis
[15:58] {Threei} ok guys, thank you all
[15:58] {Threei} have a good evening, see you tomorrow
[15:58] {dino} cfsg
[15:58] {bruce} take care vad
[15:58] {Threei} market is much more nornmal today vs last weeks
[15:58] {Threei} good to see
[15:59] {dino} yes
[15:59] {dino} calling it a night, thx for ideas
[16:00] {bruce} night dino
[16:00] {bruce} see you in morning partner
[16:01] {dptl} have a good evening all
[16:03] {bruce} night dp
[16:05] {magoo} good nite all..hope tomorrow has more and easy trades

Friday, February 1, 2008

February 01 2008

Session Time: Fri Feb 01 00:00:00 2008

[08:08] {Threei} - Eight banks have formed a consortium in an effort to rescue bond insurers, CNBC's Steve Leisman said Friday morning. The banks include the Royal Bank of Scotland Group, Societe Generale, Wachovia, BNP Paribus, Barclays, Dresdner Bank, UBS and Citigroup.
[08:08] {Threei} - The group will work on a solution with the bond insurers and the New York State Insurance Deparment.
[08:09] {Threei} [YHOO] Yahoo! Inc Microsoft proposes to buy Yahoo for $31 per share in $44.6B offer
[08:09] {Threei} - MSFT offers payment in 50% cash and 50% stock, but states shareholders to elect to receive cash or a fixed number of shares of Microsoft common stock.
[08:09] {Threei} - Deal offer 62% premium to close.
[08:19] {hawkfan4} morning all
[08:23] {Threei} hawk :)
[08:25] {hawkfan4} morning Vad :)
[08:25] {Threei} bipolar market eh?
[08:25] {Threei} extreme depression to extreme elation
[08:26] {hawkfan4} it never ends, does it?
[08:26] {Threei} well, rarely does it go to such extremes
[08:27] {Threei} BOARD OF DIRECTORS TO CAREFULLY EVALUATE MSFT'S UNSOLICITED PROPOSAL - WIRE HEADLINE- Company states it will evaluate this proposal carefully and promptly in the context of its strategic plans and pursue the best course of action to maximize long-term value for shareholders.
[08:29] {hawkfan4} this should be interesting
[08:30] {Threei} AVERAGE HOURLY EARNINGS M/M: 0.2% V 0.3%E; AVERAGE WEEKLY HOURS: 33.7 V 33.8E
[08:30] {Threei} JAN CHANGE IN NONFARM PAYROLL: -17K V 70KE; CHANGE IN MANFACT PAYROLLS: -28K V -20KE
- Prior Nonfarm Payrolls revised from 18K to 82K
[08:30] {Threei} - Prior Manufacturing Payrolls revised from -31K to -20K
[08:30] {Threei} {EUR/USD}
[08:31] {Threei} JAN UNEMPLOYMENT RATE: 4.9% V 5.0%E
[08:49] {lumdus} morning to all
[08:50] {Threei} lum :)
[09:01] {dino} gm all
[09:01] {Threei} dino :)
[09:03] {dino} nice goog chart, wants 500
[09:06] {Threei} magoo hit it for 17 points short after market yesterday
[09:06] *** Disconnected
[09:19] *** Attempting to rejoin...
[09:19] {Threei} - The group will work on a solution with the bond insurers and the New York State Insurance Deparment.
[09:19] {Threei} - Eight banks have formed a consortium in an effort to rescue bond insurers, CNBC's Steve Leisman said Friday morning. The banks include the Royal Bank of Scotland Group, Societe Generale, Wachovia, BNP Paribus, Barclays, Dresdner Bank, UBS and Citigroup.
[09:19] {Threei} [YHOO] Yahoo! Inc Microsoft proposes to buy Yahoo for $31 per share in $44.6B offer
[09:19] {Threei} - MSFT offers payment in 50% cash and 50% stock, but states shareholders to elect to receive cash or a fixed number of shares of Microsoft common stock.
[09:19] {Threei} - Deal offer 62% premium to close.
[09:19] {hawkfan4} morning all
[09:19] {Threei} hawk :)
[09:19] {hawkfan4} morning Vad :)
[09:19] {Threei} bipolar market eh?
[09:19] {Threei} extreme depression to extreme elation
[09:19] {hawkfan4} it never ends, does it?
[09:19] {Threei} well, rarely does it go to such extremes
[09:19] {Threei} BOARD OF DIRECTORS TO CAREFULLY EVALUATE MSFT'S UNSOLICITED PROPOSAL - WIRE HEADLINE- Company states it will evaluate this proposal carefully and promptly in the context of its strategic plans and pursue the best course of action to maximize long-term value for shareholders.
[09:19] {hawkfan4} this should be interesting
[09:19] {Threei} AVERAGE HOURLY EARNINGS M/M: 0.2% V 0.3%E; AVERAGE WEEKLY HOURS: 33.7 V 33.8E
[09:19] {Threei} JAN CHANGE IN NONFARM PAYROLL: -17K V 70KE; CHANGE IN MANFACT PAYROLLS: -28K V -20KE
[09:19] {Threei} - Prior Manufacturing Payrolls revised from -31K to -20K
[09:19] {Threei} {EUR/USD}
[09:19] {Threei} JAN UNEMPLOYMENT RATE: 4.9% V 5.0%E
[09:19] {lumdus} morning to all
[09:19] {Threei} lum :)
[09:19] {dino} gm all
[09:19] {Threei} dino :)
[09:19] {dino} nice goog chart, wants 500
[09:19] {dptl} good morning all
[09:19] {lumdus} got disconnected ..
[09:19] {lumdus} seems vad also got disconneted.
[09:19] {dino} me too lum
[09:19] {cosmo} gee... can't stay connected....
[09:19] {lumdus} is intelliscan working today, nothing going by on my windows yet.
[09:19] {dino} getting alot of sleet here
[09:19] {cosmo} is that some kind of sedimentary rock?
[09:19] {cosmo} ...sorry...
[09:19] {dino} what???????, you need coffee
[09:19] *** Rejoined channel #discussions
[09:19] {cosmo} ah ...brb
[09:20] {Threei} back
[09:20] {lumdus} vad, your intelliscan working ?
[09:20] {Threei} not sure what's with server, chaged port to 7044 to get connected
[09:21] {cosmo} i get disc'd every day here
[09:21] {Threei} yes lum, pre and post market window works
[09:21] {lumdus} ok, i need to reboot maybe
[09:21] {Threei} this is something with your connection/setting cosmo, I see you losing connection regularly
[09:22] {Threei} divergence window is working too lum
[09:22] {Threei} so looks OK here
[09:23] {Threei} dino, magoo hit GOOG for 17 points short after market yesterday
[09:23] {cosmo} VCLK
[09:24] {Threei} disgusting isn't it
[09:24] {esemde} good morning ........late to the party.....
[09:24] {Threei} ese :)
[09:24] {lumdus} *** lumdus slaps admin with 4 trouts
[09:24] {Raven}
3 my firewall ... F-Secure was disconnecting me regularly so I shit-canned it
[09:24] {Raven}
3 fwiw
[09:24] {Raven}
3 cosmoski
[09:24] {Threei} firewalls are like that R
[09:24] {Threei} hate them
[09:24] {Raven}
3 some of them are
[09:24] {dino} yes, he just told me about it. i go coach his son (and mine), he makes money
[09:24] {cosmo} F?
[09:24] {Threei} double dusgusting
[09:24] {Threei} he must share
[09:25] {Raven}
3 F?
[09:25] {dino} doesn't seem right, he should buy lunch
[09:25] {Threei} lunch won't cut it IMO
[09:25] {Threei} lobster and steak dinner
[09:25] {Threei} with Dom Perignon on top
[09:25] {dino} won't happen, he's a cheap b@stard
[09:26] {cosmo} my firewall options are just 'on' and 'off'
[09:26] {magoo} morning
[09:26] {cosmo} sheesh
[09:26] {Threei} oh hi magoo
[09:26] {Raven}
3 what firewall software, cosmo ?
[09:26] {dino} the dragon slayer has finally arrived
[09:26] {Threei} cos, can you risk it and try running no firewall at all for an hour and see what happens to your mirc connection?
[09:27] {cosmo} Cox Securiety Suit
[09:27] {Raven}
3 turn it off for a day and see what happens
[09:27] {Threei} with your frequency of disconnects you will know quickly if it works
[09:27] {cosmo} yeah... watch me lose my identity....sigh
[09:27] {Threei} lol
[09:28] {Raven}
3 magoo will hack you cosmo
[09:28] {Threei} I run usual antivirus, no firewall
[09:28] {Threei} never had any troubles
[09:28] {cosmo} hmm
[09:28] {Threei} router has hardware firewall
[09:28] {Threei} more than enough
[09:28] {Raven}
3 so does Windows
[09:28] {Threei} that one is off on my machine too
[09:28] {cosmo} so confusing...
[09:28] {Raven}
3 and it seems to work fine here
[09:28] {dino} remember what friday is......
[09:29] {cosmo} fish day?
[09:29] {Raven}
3 YES !
[09:29] {Threei} (choir) scalping day
[09:29] {Raven}
3 mahi mahi here
[09:29] {lumdus} why scalping day ?
[09:29] {cosmo} silver fish here
[09:29] {Threei} because it's Friday
[09:29] {dino} lumdus gets the prize, friday is scalp day
[09:30] {dino} nothing holds lately on fridays lum
[09:30] {lumdus} ok dino
[09:31] {magoo} i see u guys talking nice about me he he
[09:31] * Raven slaps magoo around a bit with a large trout
[09:32] {lumdus} dji up 208 already ..
[09:32] {dino} nop its not
[09:32] {dino} 16
[09:33] {Threei} I see 13
[09:33] {Threei} 16
[09:33] {Threei} 19
[09:33] {Threei} etc
[09:33] {lumdus} hmm, using esignal. screwed up data
[09:33] {lumdus} anybody else with esginal screwed up ?
[09:34] {magoo} good here
[09:35] {Threei} ARBA 10.05 break long if stays above 9.90
[09:36] {magoo} do not remember arba vad..a jumper ?
[09:36] {Threei} it changes its ways
[09:37] {Threei} sometimes slow climber, sometimes jumps
[09:38] {Threei} SBSH offer at 10.05 is nice juicy indication of strength if taken
[09:38] {dino} my scanners aren't working
[09:39] {magoo} SBSH??
[09:39] {dino} ok
[09:39] {Threei} marketmaker on ARBA offer mags...
[09:39] {magoo} sorry lol
[09:40] {Threei} SOLF hit a wall at 16.50 yesterday
[09:41] {Threei} if market gains strength again, nice level for breakout
[09:41] {magoo} hasn't had the power or frenzy lately tho
[09:41] {Threei} volatile one, keep size reasonable
[09:42] {Threei} it did show nice determination yesterday, magoo
[09:42] {Threei} needs strong market though
[09:42] {Threei} if NASDAQ is lukewarm, breakouts are usually fakes on it
[09:42] {magoo} ok
[09:43] {dino} dnex
[09:43] {dino} thin
[09:45] {Threei} interesting bid behavior on SOLF
[09:45] {Threei} see that big bidder?
[09:45] {Threei} he retreats when hit but doesn't cancel
[09:45] {dino} dnex s sm .69
[09:45] {Threei} takes some selling
[09:45] {dino} wide, risky
[09:46] {Threei} looks like it's real, just wants the best price possible
[09:47] {dino} don't we all
[09:47] {Threei} lol
[09:48] {Threei} stop under .30
[09:48] {Threei} here we go, 1:1 easy
[09:49] {Threei} out .80
[09:50] {Threei} noone took it I undrestand?
[09:50] {esemde} Solf has the potential to move 3 to $5 Vad that 280k would certainly net him a nice days works...
[09:51] {Threei} with strong market, yes
[09:51] {Threei} don't know how much we can trust the market today... dino said scalp
[09:51] {Threei} I scalp
[09:52] {esemde} and well you should.....that was god talking.....
[09:52] {magoo} me too..dino literally screams at me from his office."god dammit magoo..SCALPPPPPPPPPPPPPPP!!!!!!!!!!!"
[09:52] {esemde} god of fish slap that is.....
[09:52] {Threei} he knows you have hearing problems... {G}
[09:53] {dino} you rang?
[09:53] {esemde} thats hilarious...................
[09:54] {esemde} you 2 are the best commedy team ever.....
[09:54] {magoo} i have a tendancy to try and let them run for big bananas
[09:54] {magoo} theres a term for it.just vcan't place it at moment
[09:54] {esemde} Stooges...Abott and Costello ain't got nothin on you 2
[09:54] {dino} dnex bstop to .01
[09:55] {dino} lol es
[09:56] {Threei} keeping an eye on EMKR for possible pullback long
[09:57] {dino} dnex bstop to 79.01
[09:57] {Threei} 13.80 would get me very interested
[09:57] {dino} nice anyone get it, 2 bucks about
[09:58] {dino} make it 78.92
[09:59] {dino} wn=heres' bruce, man
[09:59] {dino} cov 78.99, +1.70
[09:59] {magoo} bruce tried touching his tongue yesterday to his mailbox
[10:00] {dino} and spikes a buck, thank you mr hard stop
[10:00] {magoo} didn't believe it woulkd stick @ minus 50
[10:00] {dino} talking to myself again i see
[10:00] {Threei} JAN FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 78.4 V 79E
[10:01] {Threei} *DEC CONSTRUCTION SPENDING: -1.1% V -0.5%E
[10:01] {Threei} JAN ISM MANUFACTURING: 50.7 V 47.3E- Prices Paid: 76 v 68.0e
[10:02] {magoo} goog bottom last nite was 508
[10:04] {dino} out jaso swing yesterday 53.48, +1.28
[10:05] {magoo} dino making indecent $$
[10:06] {dino} yes, maybe i should go home now
[10:06] {Threei} look who is talking
[10:06] {magoo} long 100 sh goog 519.40
[10:06] {magoo} just now
[10:06] {magoo} looking for say...17 points
[10:07] {lumdus} and dino telling everyone else to scalp .. yeah right :)
[10:08] {Threei} SOLF again
[10:08] {dino} hard bstop on the n=dnex lum is the same thing imo
[10:09] {Threei} 17 break if holding above .80
[10:11] {dino} star s sm .36
[10:11] {dino} .37
[10:11] {magoo} well lum..actually..i should hhave scalpred it
[10:12] {dino} gtxi
[10:12] {magoo} but with 100 shares can control risk
[10:12] {Threei} market feels like "shake and go up again" is today's theme
[10:12] {Threei} KLAC
[10:12] {Threei} 43 long
[10:12] {Threei} .84 stop
[10:13] {magoo} full ot klac?
[10:13] {Threei} yeah
[10:14] {dino} shake & bake baby
[10:14] {Threei} just make sure those offers start melting
[10:14] {dino} taledaggo nights, funny movie
[10:14] {curtisweese} ricky bobby
[10:15] {magoo} in 43
[10:15] {dino} indeed great flick
[10:15] {Threei} 1:1 easy
[10:16] {Threei} half out
[10:16] {Threei} want to violate dino's rule on this one
[10:16] {dptl} out klac ty
[10:16] {Threei} welcome sir
[10:17] {dino} gj guys
[10:17] {lumdus} out already ? hmmm
[10:17] {lumdus} 1/2 out .25 klac
[10:18] {Threei} 1:2
[10:19] {magoo} out .21 TY
[10:19] {Threei} welcome
[10:22] {dino} star stopped -.40 sm
[10:23] {Threei} sharp downtick NASDAQ
[10:25] {Threei} in SOLF half lot for bounce .50
[10:26] {dino} infn s .60
[10:27] {Threei} stop under .30
[10:29] {Threei} APWR?
[10:29] {dino} avid
[10:31] {dino} cov infn .26, +34
[10:32] {Threei} JUSTICE DEPT IS INTERESTED IN REVIEW OF MSFT DEAL
[10:32] {Threei} no worky this time SOLF
[10:32] {dptl} stopped solf
[10:33] {Threei} no staying power NASDAQ
[10:34] {curtisweese} Newbie buying CFC at 7.15 and planning exit at 7.20
[10:38] {dino} avid sm, risky, l .73
[10:39] {dino} cx that no fill
[10:39] {dino} still waiting there
[10:42] {curtisweese} sold at 7.20!
[10:42] {Threei} nice one curtis
[10:42] {dino} gj curt
[10:42] {Threei} 40K shares I take it?
[10:43] {curtisweese} I got $.15 earlier today on it. :)
[10:43] {curtisweese} SIRI has been good to me too!
[10:43] {dino} l sm avid .50 wide
[10:44] {curtisweese} Threei, not yet. Account doesn't fund till Tuesday. Then probably 20k shares or 10k at a time on my type 1 scalping education :)
[10:44] {curtisweese} Now I'm just playing with about $5k :(
[10:44] {Threei} :)
[10:44] {curtisweese} I barely cover commission fees with that little money and $.05 pops :(
[10:44] {Threei} training mode
[10:44] {curtisweese} yep!!!
[10:45] {Threei} look dcc please curtis
[10:45] {Threei} WHITE HOUSE: ECONOMY HAS 'SOLID FOUNDATION' BUT US IN PERIOD OF 'ECONOMIC UNCERTAINTY'
[10:46] {curtisweese} dcc? what's that? :)
[10:46] {Threei} private message
[10:47] {Threei} look for a button with my nick on it on top of this room
[10:47] {dino} avid stopped -.40
[10:47] {Threei} click it to talk privately in the window you'll get
[10:48] {Threei} found it?? :)
[10:49] {curtisweese} nothing pops up when i click...hmm
[10:49] {Threei} doubleclick on my nick
[10:49] {curtisweese} ggot it
[10:51] {curtisweese} Okay, I bought back in at 7.12
[10:52] {curtisweese} i'm a newbie though!!
[10:54] {curtisweese} oout at $7.20 again!! $.08 scalp ;)
[10:55] {esemde} dog and pony show......solars moving in step with naz.....your right Vad not free wheeling like before
[10:56] {Threei} yeah
[10:56] {Threei} too bad, I love momos that ignore market
[10:57] {esemde} i'm swing long 1/2 lot SOLF by the way... from yesterday
[10:57] {dino} dumped mine es, jaso above
[10:57] {esemde} am in slightly lower than yesterdays scalp 16.09
[10:57] {dino} brb
[10:57] {Threei} XMSR stays at the high during this NASDAQ drop
[10:58] {Threei} (whispering) so does SIRI
[10:58] {esemde} you gonna try it again dino
[10:59] {esemde} JASO that is?
[11:04] {esemde} SOLF bounced off 16.00 a good 5 or 6 times yesterday after that 400k fill yesterday morning....i thought it was worth a go
[11:04] {dino} y es, i'll post it
[11:04] {Threei} it's in NASDAQ hands ese... follows like a dog
[11:05] {esemde} ya.... thats what worries me
[11:05] {esemde} stop is in at `6.05.....no tollerance on this one
[11:06] {esemde} 16.05
[11:07] {Threei} QID, short with .85 stop
[11:07] {Threei} in .72
[11:09] {Threei} grr
[11:09] {dptl} yep stopped
[11:10] {Threei} XMSR
[11:10] {Threei} REACHES AGREEMENT WITH SONY BMG, SETTLES DISPUTE OVER XM DEVICES WITH ADVANCED RECORDING FEATURES- third major music company to reach an agreement with XM on this issue
[11:12] {esemde} thought that i'd let you know that the Victoria Film Festival is featuring the documentary on My program....longer dramatic version
[11:12] {Threei} nice!
[11:12] {esemde} called "Motown High"
[11:12] {patience} very nice ese
[11:12] {esemde} http://victoria.bside.com/2008/?country=All&_view=_films&category=Documentary
[11:12] {Threei} shakeout QID...
[11:13] {Threei} market looks to go for recover here
[11:13] {esemde} theres the web site......scroll down.....were the feature doc opening the festival
[11:14] {curtisweese} newbie buying SIRI at 3.27
[11:14] {curtisweese} plan sell half at 3.29 :)
[11:15] {curtisweese} stop 3.25 uh oh....going down :(
[11:16] {Threei} this is exactly what I saw on QID dp - except that last shake
[11:17] {dptl} i see
[11:18] {dino} sigm l .65
[11:23] {dptl} xmsr.75?
[11:24] {esemde} now thats another swing long candidate dino
[11:24] {Threei} probably dp... tough one to read
[11:24] {Threei} slow
[11:24] {Threei} but climbing well lately
[11:25] {dptl} ok
[11:28] {magoo} mkts powering up it seems
[11:31] {dino} es day trade stop is .24
[11:32] {dino} i don't trust these rallies. imo, another big downturn coming in the next couple weeks or so
[11:32] {Threei} my feeling too
[11:33] {dino} all of the sudden all is right in markets, hhhmmmmmm
[11:33] {Threei} bears retreated deeper in the woods but by no means left
[11:33] {dino} typically mkts fall as rates are falling over time
[11:37] {dino} beav
[11:40] {magoo} im a bear hunter vad : )
[11:40] {Threei} kill'em all
[11:40] {magoo} and a beer drinker
[11:40] {Threei} and we will go up forever with no pullback
[11:41] {Threei} you will be hailed as hero of all times and nations by investing communities around the world
[11:42] {dino} prcp thin
[11:42] {dino} nah
[11:45] {esemde} dino you still in SIGM...
[11:46] {esemde} that chart looks like it's going to pop
[11:48] {dino} y
[11:48] {dino} bad entry
[11:48] {esemde} where would you have likded to get in
[11:48] {dino} waiting at .95
[11:49] {Threei} today's wierdo is APWR
[11:49] {Threei} one of those "beyond scary, multipoint mover"
[11:49] {Chaeron} *whew* normally *I'm* the wierdo....
[11:49] {dino} now why say it like that vad?
[11:49] {Threei} yeah, you are off the hook for today
[11:49] {Chaeron} :)
[11:50] {esemde} duck....whatch for that fish
[11:50] {dino} wind turbine deal
[11:50] {Threei} yup
[11:50] {Threei} took huge offer at 16 earlier
[11:50] {dino} 320 at 3.5 m a piece
[11:51] {Threei} so... goes to 20 today?
[11:52] {dino} indeed, :)
[11:52] {Threei} kewl
[11:52] {dino} es sigm
[11:52] {dino} sheesh hits .82 then drops
[11:54] {dino} lol kewl
[11:55] {dino} waiting at .10 es
[11:56] {dino} seems stronger
[11:57] {dino} so much for that
[12:04] {curtisweese} SIRI just broke 3.3 finally :)
[12:05] {Threei} didn't break yet to be precise... but honestly trying
[12:05] {Chaeron} Hey, I got an email I found pretty fascinating that is talking about current indicators in the market setting up very closely to previous patterns with examples, charts, etc.... anyone want a copy? Dcc me your email address
[12:05] {curtisweese} come on...should get some great volume if it holds above 3.3 sell half ride rest point for me
[12:06] {Chaeron} first paragragh reads: When we review economic history alongside stock volatility, we see the odds for a strong recovery over the next few months. I have attached examples of indicators that are currently or have recently hit levels that have produced strong gains in the past. We look to compare this current market period to similar technical activity in the past for perspective and guidance on future market activity and direction.
[12:06] {curtisweese} Threei, you like little Siri now don't you?! Sneaky little Siri!
[12:07] {Threei} yup... but it haven't broken 3.30 yet, did it?
[12:07] {curtisweese} i see a lot of trades at 3.30 but not above yet :(
[12:07] {Threei} chaeron... eternal hope for rally and onmnipotent indicators? :)
[12:07] {Threei} give it time
[12:07] {Threei} it will
[12:07] {Threei} there
[12:07] {curtisweese} there is goes
[12:08] {Chaeron} Heck, I think the market is going to zero myself.....
[12:08] * magoo slaps Chaeron around a bit with a large trout
[12:08] {Chaeron} I think I deserved that...
[12:10] {dino} i will buy at zero chaer
[12:10] {dino} :)
[12:10] {curtisweese} selling all at 3.31 let's see if i get it :)
[12:10] {magoo} my stupidity..i'd short zero
[12:11] {curtisweese} got it... :)
[12:12] {dino} out sigm .75, mkt drop, +.10
[12:12] {dino} you dog....jumps now to .00
[12:12] {curtisweese} man, i have killed it with CFC the last few days
[12:13] {curtisweese} with my little money i have in right now ...grrr
[12:13] {curtisweese} now siri drops
[12:16] {esemde} outta here......have a great weekend.....
[12:16] {curtisweese} bye
[12:16] {Threei} take care ese
[12:16] {curtisweese} Hawkfan, you in seattle?
[12:17] {curtisweese} or do you like birds? :)
[12:18] {dino} that es is fast
[12:18] {magoo} wheres lasr vad
[12:18] {dino} srcl drop
[12:20] {Threei} well... as soon aas he appears mags... greeting comittee is ready
[12:21] {magoo} it was your day to give him wake up call, right?
[12:23] {curtisweese} newbie in on CFC again at 7.50
[12:23] {curtisweese} uh oh....stopped out already.......lol
[12:24] * LaserDave1 slaps LaserDave1 around a bit with a large trout
[12:25] {LaserDave1} you gotta be fast when this cowboys in town
[12:26] * Threei slaps LaserDave1 around a bit with a large trout
[12:26] {Threei} you know why this one didn'tr work cyrtis?
[12:27] {curtisweese} i realized i should be selling with that volume spike :( is that it?
[12:27] {Threei} pretty much
[12:27] {Threei} price/volume spike
[12:27] {Threei} not a time to enter long
[12:28] {curtisweese} i actually have been reading your stuff...hehe..just need to follow it better :(
[12:28] {Threei} it will sink in
[12:28] {Threei} especially if reinforced by some stops
[12:28] {dino} slap him vaed
[12:28] {Threei} next time
[12:29] {Threei} everyone gets one without immediate punishment
[12:29] {Threei} after that, it's an open season
[12:29] {dino} you're getting soft
[12:29] {Threei} it's Friday :)
[12:30] {Threei} TMTA AND INTC HAVE DISMISED PENDING PATENT LITIGATION - FILING DATED 1/28- follows settlement agreement reached in Dec. under which TMTA received an initial payment of $150M
[12:30] {Threei} MDT
[12:30] {Threei} RECEIVES FDA APPROVAL FOR ENDEAVOR ZOTAROLIMUS-ELUTING CORONARY STENT SYSTEM
- Zotarolimus-Eluting Coronary Stent System to be used in the treatment of coronary artery disease, which affects an estimated 13 million people in the United States and is the country's leading cause of death.
[12:30] {Threei} - The U.S. market launch of the Endeavor stent begins immediately
[12:31] {dino} big spike
[12:33] {dino} guess vad
[12:33] {dino} 50.80, off by .80
[12:36] {Threei} bounce time off 48 it seems
[12:36] {Threei} in
[12:36] {Threei} .75 stop
[12:37] {magoo} what u get entry?
[12:37] {Threei} .93
[12:37] {magoo} .07
[12:41] {Threei} out half
[12:42] {Threei} out balance
[12:42] {dino} rnow spike
[13:03] {curtisweese} lunch is over....let's see some action
[13:06] {dino} omri blood
[13:08] {dino} l sm omri .06 ave
[13:08] {curtisweese} volume going down...price going up.....buy sign? CFC
[13:09] {curtisweese} where are my cheat sheet charts? grrrr
[13:09] {Threei} lol
[13:10] {curtisweese} needs to break .41 again....hmm
[13:11] {dino} infn approaches hod
[13:12] {curtisweese} SIRI has a fatal flaw though......never hold over night as stock would plummet if howard stern died.
[13:17] {dino} omri stop to .48
[13:18] {dino} out .47, +.41 omri
[13:20] {dino} no takers
[13:20] {curtisweese} nice! i didn't :( i'm still learning tho
[13:20] {dino} ty
[13:24] {dino} infn spikes
[13:33] {dino} avid recovers
[13:33] {dino} some
[13:35] {dino} infn s .10
[13:35] {dino} sm
[13:35] {dino} bstop is .26
[13:37] {dino} oh oh, got booted from acct
[13:37] {Threei} for indecent profits?
[13:39] {curtisweese} hahaha
[13:39] {dino} hey!
[13:39] {Threei} FRPT
[13:40] {Threei} TICKING HIGHER ON RUMOR OF POSSIBLE RECEIPT OF LARGE CONTRACT AWARD SOON
[13:40] {dino} i'm just trying to have fun here
[13:41] {hawkfan4} dino, great find on SIGM btw, thanks much
[13:41] {dptl} LaserDave dcc
[13:43] {Threei} APWR is likely to suprise yet
[13:44] {Threei} serios offers are being eaten
[13:44] {magoo} like today?
[13:44] {Threei} feels so
[13:44] {dino} gj hawk, glad to help, i scalped out too fast
[13:45] {hawkfan4} :) thx
[13:48] {Threei} see it mags?
[13:48] {Threei} "one of those"
[13:48] {magoo} yep
[13:51] {dino} star hod's
[13:52] {magoo} vad, see what i mean SOLF tho...lost its power
[13:55] {Threei} yeah... it will regain it at some point but heck, it's not easy one to time
[13:55] {Threei} IMO, just wait out quiet period and return to it when momo hits
[13:57] {lumdus} short cov 43.80 stop 43.91
[13:58] {Threei} watch APWR busting through 17 soon
[13:59] {dino} jaso fast drop
[13:59] {Threei} good setup lum
[13:59] {lumdus} vad, look like it
[14:03] {lumdus} vad, you feel down or up ?
[14:03] {lumdus} cov i mean
[14:03] {dino} i liked it lum, but too late
[14:03] {lumdus} couldn't get any bounce on the downtrend, i think i am safe
[14:04] {Threei} one more leg down, then bounce is my feel
[14:04] {dino} feels like drop
[14:04] {dino} 1:2 already lum, gj
[14:05] {lumdus} out .63 done
[14:06] {lumdus} +.18 cov
[14:06] {Threei} nice one, easy money
[14:06] {lumdus} yes, that's the way you tell me easy money
[14:07] {dino} he has a point imo
[14:10] {lumdus} watching tjx for long maybe
[14:14] {lumdus} in tjx 32.00 stop 31.89
[14:21] {lumdus} in glw 24.50 stop 24.45
[14:22] {Threei} here we go APWR
[14:23] {magoo} what? 18?
[14:25] {lumdus} go tjx already .. dammit !!
[14:27] {dino} infn bstop to .87
[14:28] {lumdus} glw in 24.51 tou 24.65 + .14
[14:28] {dino} gj
[14:29] {dino} cov infn .87, +.23
[14:29] {lumdus} let's see tjx move a little better stop at 31.98 break even
[14:29] {lumdus} gj dino in cov
[14:30] {dino} ty, seems to get stuck there
[14:31] {Threei} need helping foot?
[14:31] {dino} yes, and perhaps a drink too
[14:31] {Threei} sorry... I am kicking out, not pouring in
[14:32] {Threei} bouncer vs bartender
[14:32] {Threei} different job description
[14:33] {lumdus} i like altr alot break .50
[14:34] {lumdus} tjx out +.02
[14:34] {lumdus} no momo here
[14:35] {dino} hawk you still have sigm?
[14:35] {dino} i messed that up
[14:35] {Threei} {hawk} isn't it very personal question...
[14:35] {hawkfan4} no, sold 47.15
[14:35] {dino} very nice
[14:36] {dino} that stock always moves all over the place,
[14:37] {dino} qsii little spike
[14:37] {Threei} IDIX at my swing trade target
[14:38] {Threei} just had to show you all who thought I wasn't able to hold anything longer than 15 seconds
[14:39] {dptl} you still have it?
[14:39] {Threei} not as of 3 min ago
[14:39] {lumdus} in altr 19.42 stop 19.44
[14:40] {dptl} out altr +.19
[14:40] {Threei} wtg
[14:41] {dptl} that idix i sold last week for+.05c lol
[14:41] {Threei} told you I was going to swing it
[14:41] {lumdus} not yet .. i just got it , it's ready to go (hopefully)
[14:41] {dptl} i kept it over night and sold next day
[14:42] {Threei} it sure took its sweet time
[14:43] {Threei} whole tech sector climbs
[14:43] {Threei} LLTC, BRCM, ALTR
[14:43] {lumdus} altr new stop 19.48
[14:43] {lumdus} no runup .. just nice and steady crap. the way i like it
[14:44] {dino} lol
[14:44] {Threei} that's what you tell us... deep in heart you like them to go up 1 buck in 1 minute, we know
[14:45] {lumdus} yeah, that works also. but for me to hold i need nice and steady with slight pullback
[14:47] {lumdus} hmm, altr having problems now. my stop 19.48 hit or miss here
[14:48] {Threei} two significant events occured today 12 yearsd ago
[14:49] {Threei} one is, it was record cold to the date in Winnipeg, -52 C
[14:49] {Threei} another is, I came to canada... being able to say Hi, Buy and Thank you
[14:50] {dptl} big party tonight?
[14:50] {Threei} buy = bye of course
[14:50] {dino} happy anniversary so to speak
[14:50] {Threei} 12 years later I still can't type'
[14:50] {curtisweese} pfe has bad news
[14:50] {Threei} FDA ISSUES NEW SAFETY WARNINGS ON ANTI SMOKING DRUG CHANTIX - WIRE HEADLINE
- Notes Increasing likelihood of association between Chantix and serious psychiatric behavior, requesting warnings to be elevated to more prominent area of label
[14:50] {Threei} - reminder: on 1/18, PFE announced an update to the labeling on Chantix (varenicline) to include a warning that patients who are attempting to quit smoking with CHANTIX should be observed for serious neuropsychiatric symptoms
[14:51] {Threei} I always knew I better smoke than take that crap
[14:51] {dptl} lol
[14:52] {Threei} NWS says to MSFT, you can have it
[14:52] {Threei} NEWS CORP HAS NO INTEREST IN BIDDING FOR YHOO - WIRE CITES NWS SOURCE
[14:52] {dino} i know people who took it, it worked for them, however they told me they had some strange dreams
[14:53] {lumdus} missed akam, wasn't paying attention
[14:58] {Threei} you are right about SOLF magoo
[14:59] {Threei} with masrket still strong one would expect it to explode after breaking .40
[14:59] {Threei} instead irt fizzled out
[14:59] {lumdus} we getting in solf ?
[14:59] {Threei} why?
[14:59] {lumdus} no idea .. you talking about it i thought you looking at it
[15:00] {lumdus} i like hban
[15:00] {Threei} we discussed it earlier with magoo, so commenting on developemnt
[15:00] {magoo} paste it vad
[15:00] {lumdus} ok, vad. you know i can't follow a conversation more then a minute
[15:00] {Threei} you should stop buying half of float of every symbol mentioned lum... analysts just can't understand these sudden spikes all over the board
[15:00] {lumdus} hee hee
[15:01] {dino} star s .89, stop .21
[15:01] {lumdus} hban if hold above .90 and nicely break 14.00 looke very nice on 5 day
[15:01] {Threei} more than a minute? it makes your attention span triple vs mine
[15:01] {Threei} I beat moht by 5 seconds and fish by 2
[15:01] {Threei} moth
[15:02] {Threei} APWR continues but honestly, feels like losing drive here
[15:04] {lumdus} in cmcsk 18.40
[15:04] {lumdus} stop 18.31
[15:05] {magoo} vad, what u feel..up or down into bell?
[15:05] {Threei} how many of these forecats worked over last, say, couple weeks? :)
[15:06] {lumdus} so maybe we just go opposite what you say
[15:06] {Threei} OK
[15:06] {Threei} up
[15:06] {Threei} go ahead aand short everything in sight, except QID :)
[15:07] {dino} penn drop
[15:07] {dino} isph
[15:07] {lumdus} vad, i am long now.. cmcsk so market need to up so i don't lose my trade.. you see ?
[15:09] {Threei} ummm... so why do you go long when you intended to fade my forecats?? :)
[15:09] {dino} je's a faders' fader
[15:09] {dino} he's
[15:10] {lumdus} who said that was my intention ? i just said "maybe"
[15:10] {Threei} ah
[15:11] {Threei} I should have taken the fifth
[15:11] {dptl} thinking to short altr somewhere here
[15:11] {dino} abax drop
[15:15] {dptl} got.58 s.altr
[15:16] {dino} artc
[15:16] {lumdus} out cmcsk -.07
[15:18] {lumdus} ok, folks. Have a nice weekend.
[15:18] {magoo} die mkt DIEEEEEEEE
[15:18] {Threei} take care lum
[15:18] {dptl} covered +.12
[15:18] {dino} gj
[15:18] {Threei} dp :)
[15:18] {dptl} ty
[15:19] {dino} nice one dp i'm waiting l at 38.20
[15:19] {dino} not going to happen
[15:19] {dptl} amm...that was altr Dino
[15:20] {dino} oopps
[15:26] {Threei} your 18 may still come on APWR mags
[15:27] {dino} star not working, tighten bstop to .04 screw it
[15:29] {curtisweese} newbie says should be able to scalp SIRI at 3.29
[15:30] {curtisweese} or lower
[15:30] {curtisweese} heheh...i'm scared to jump in
[15:30] {curtisweese} okay the newbie is in
[15:31] {magoo} who the hell is "trhe newman?"
[15:32] {curtisweese} uh oh....my stop is gonna boot me :(
[15:33] {dino} sienfeld guy i guess
[15:34] {dino} star stopped .03 -.14
[15:39] {dptl} Vad,on your level2 ,do you have a litle star icon infront ecns symbols?
[15:40] {Threei} except INET
[15:41] {dptl} ok same here ...still trying to figure out my inet after market prob.
[15:48] {Threei} if APWR finishes here or higher, likely to be continue Monday
[15:49] {Threei} amazingly sustained buying for such thin one
[15:49] {curtisweese} out of SIRI at 3.32 $.03 scalp :)
[15:50] {Threei} {Seinfield, drudgingly} Newman!
[15:51] {dino} infn
[15:51] {cosmo} emkr
[15:51] {dino} magoo, about time for a brew
[15:51] {magoo} sioon
[15:52] {dino} you guys will get a kick out of this..my sister just emailed me, says "hey it's snowing, are you doing happy hour?"
[15:53] {Threei} hmmm... answer is "even more so"?
[15:53] {dino} pretty much
[15:53] {Threei} thought so
[15:54] {dino} well, i was going to short infn at .82, but not getting there and running out of time
[15:54] {dino} cx it, and call it a week
[15:54] {dino} thanks all, appreciate the ideas
[15:54] {cosmo} get happy and jump in the snow?
[15:55] {Threei} take care dino
[15:55] {dino} have to shovel again
[15:55] {dptl} have a good weekend everyone
[15:56] {Threei} dp :)
[15:56] {Threei} thank you all, have a good weekend
[15:56] {Threei} the way it goes, next week market is probably sets all time highs :)
[15:57] {patience} ags selling
[15:57] {Chaeron} bye Threei, gang
[15:57] {patience} i am waiting for next week vad....have cash ready to go shopping later next week
[15:57] {Threei} take care chaeron
[15:58] {Threei} with this sustained strength, will take something serious for market to drop
[15:58] {Threei} it's obviously convinced there are no more problems
[15:58] {Threei} GOOG didn't kill it
[15:59] {Threei} all in all... it's wierd :)
[15:59] {patience} wierd but profitable :)
[16:00] {magoo} there was an interesting goog corelation today
[16:00] {magoo} bidu went with it
[16:00] {magoo} either way
[16:00] {Threei} very strong finish APWR
[16:00] {magoo} bidu left followinhg naz
[16:01] {dptl} bkuna too
[16:01] {magoo} followed goog
[16:01] {Threei} my guess mags:
[16:01] {magoo} if bidu report not so hot
[16:01] {Threei} BIDU always followed GOOG, it's just was masked somewhat by GOOG itself moving with NASDAQ
[16:02] {magoo} neither will bidu my guess
[16:02] {magoo} oh yeah..good point
[16:02] {Threei} today GOOG disconnected from NASDAQ and BIDU showed its true loyalty
[16:03] * Threei slaps LaserDave1 around a bit with a large trout
[16:03] {magoo} nice vad
[16:03] * magoo slaps LaserDave1 around a bit with a large trout