RealityTrader Trading Log

Monday, March 31, 2008

Mar 31 2008

Session Time: Mon Mar 31 00:00:00 2008

[08:39] {GeoArb} gm all
[08:41] {Threei} Good morning RT
[08:42] {fernp} gm
[08:42] {Threei} hi fernp, welcome to the room
[08:42] {fernp} thanks
[08:43] {Threei} while there is time before action, new post on trading psychology:
[08:43] {Threei}
[08:44] {Threei} if you haven't read previous ones, start there since it's a series and by itself it will be somewhat out of context
[08:44] {Threei} series starts with
[08:47] {magoo} morning
[08:47] {Threei} magoo
[08:47] {Threei} notice: no smilefor you untill I know you went and read latest blog post
[08:48] {Threei} as Seinfield would put it, smile nazi in action.... "No Smile for You!!"
[08:49] {magoo} vad, is replay working?not much to scroll up and read last few sessions
[08:49] {Threei} do you see a few lines before your connection today?
[08:49] {GeoArb} nope
[08:50] {magoo} yeah, only a few
[08:50] {Threei} you shouldn't Geo, magoo should
[08:50] {GeoArb} oh
[08:50] {Threei} if magoo sees them replay is working
[08:50] {Threei} there is a time limit on replay
[08:50] {GeoArb} :)
[08:50] {Threei} there was nothing over weekend
[08:51] {Threei} so as first who said something after weekend you won't see anything
[08:51] {Threei} magoo on the other hand connected after several lines of exchange
[08:51] {Threei} those are what he should see
[08:52] {magoo} ok, but this is true, i can't get your latest blog yet, cannot display page
[08:52] {magoo} any get it?
[08:52] {Threei} hmmm
[08:52] {magoo} happens alot, usually get it later today
[08:53] {Threei} try to eliminate www
[08:53] {magoo} i tried your link, and then even tried the site
[08:53] {Threei}
[08:53] {Threei} see if this works
[08:53] {magoo} ill try
[08:54] {cosmo} CALM high on eggs...
[08:55] {cosmo} 43.43 spike
[08:55] {magoo} nope
[08:56] {Threei} and no main site I take it?
[08:56] {magoo} correct, happened fri too..then i got in in the afternopon
[08:57] {Threei} well, this issue got resolved for me once I switched my computer from static router IP to "obtain automatically"... but I don't want to get you into fiddling with network settings
[08:58] {Threei} probably it's time to think of migrating to another hosting
[08:58] {Threei} issues become more frequent here
[08:58] {Threei} used to have none in a year or two
[08:59] {dino} gm all
[08:59] {Threei} dino :)
[08:59] {Threei} I am just wary of making these decisions lightly, you know how often cure is worse than disease :)
[09:00] {magoo} weird dino gets it, i still don't
[09:00] {Threei} wow
[09:00] {Threei} you are on one router
[09:00] {magoo} nah, hes idiot, he meant in this room
[09:00] {magoo} he can't either
[09:00] {dino} lol
[09:01] {Threei} lol
[09:01] {Onix} Good morning all
[09:01] {magoo} he just said"i never read his blogs he he"
[09:01] {Threei} onix :)
[09:01] {Threei} I know you are just trying to get him in troubles
[09:03] {lumdus} i got in fine this morning
[09:03] {Threei} hi lum
[09:03] {lumdus} hey vad
[09:03] {Threei} no, room is fine for everyone, it's a blog post magoo can't get to
[09:05] {Threei} ese, you made it
[09:05] {esemde} haaaaaaaaaaaa....or ahhhhhhhhhhhhhh
[09:05] {esemde} that was weird............
[09:05] {esemde} mornin all
[09:06] {Threei} technology always is
[09:06] {Threei} to me at least
[09:07] {Threei} last friday technician came to see what happened to my call waiting - when switching between callers, one of them was being dropped
[09:07] {Threei} what do you, it fixed itself between my call for service and his arrival
[09:08] {cosmo} gremlins maybe?
[09:08] {Threei} when I asked how it was posible he only shrugged and said "we are not supposed to ask"
[09:08] {esemde} nice......
[09:08] {cosmo} gremlins black ops...
[09:08] {esemde} and of course the call was $200/hr
[09:09] {Threei} nope... free of charge
[09:13] {Threei} not much happening
[09:13] {Threei} quiet pre-market
[09:14] {Threei} be back in 5... don't break anything
[09:14] {cosmo} GILT pre mkt high = 11.10 fwiw
[09:14] {esemde} seems like it
[09:19] {Threei} 03:30am [GILT] Being acquired for $11.40
[09:20] {cosmo} oh...sorry
[09:24] {Threei} RIMM gapping a bit over Fri high
[09:24] {Threei} gotta be extra-careful with it, likely to trade more nervously ahead of earnings on Wed
[09:26] {Threei} 08:45am [MRK] Phase III data shows investigational obesity drug Taranabant led to weight loss but also linked to psychiatric events
[09:27] {ThurstonHowellTheThird} gm all
[09:27] {Threei} thtt :)
[09:28] {cosmo} VRTX
[09:29] {Threei} serious beating MRK
[09:32] {magoo} RIMM serious selloff vad
[09:32] {Threei} RIMM long for bounce scalpcloser to 115
[09:32] {Threei} wait for sign of strength
[09:34] {Threei} no clear entry so far
[09:34] {magoo} in .38
[09:34] {Threei} take profit
[09:34] {magoo} out116 TY
[09:34] {Threei} good reflexes
[09:34] {Threei} had to take it on faith, it didn't really show clean setup
[09:35] {Threei} ahort off .50 resistance now
[09:35] {Threei} short
[09:36] {Threei} if got it cover here
[09:36] {magoo} wonder if MRK goes down 20 today..thayts been the pattern
[09:36] {Threei} quite possible
[09:36] {Threei} watching to short
[09:37] {magoo} people arte thinking the same thing who are in it and witnessed the others destruction
[09:37] {Threei} .50 breakdown if stays under .65
[09:38] {magoo} sh in .44
[09:38] {magoo} out .09
[09:38] {Threei} cover half
[09:38] {magoo} TY MRK vad
[09:39] {Threei} welcome
[09:39] {Threei} magoo is quick and deadly today
[09:39] {Threei} covering 1/4 more
[09:40] {Threei} 38.20 stop for the last portion
[09:41] {Threei} look at RIMM... it's a viper today
[09:41] {Threei} good boy MRK
[09:41] {Threei} out in full +1.30
[09:42] {magoo} very nice vad..u da man {i mean it too}
[09:42] {dino} gj you guys
[09:42] {Threei} ty
[09:43] {magoo} vad, u so good..u should be working for big company...say BEAR STTEARNS
[09:44] {Threei} I don't look good in suit and tie
[09:44] {magoo} u don't look much better in swim suit boss lol
[09:44] {Threei} so true, lol
[09:44] {Threei} but why do yuo feel it's necessary to remind me
[09:45] {lumdus} ok, i out .49
[09:45] {lumdus} tx boss
[09:45] {esemde} MRK inflicting a wack of pain for sure
[09:45] {magoo} because..u ever see magoo in swim suit??not good
[09:45] {Threei} on MRK lum?
[09:45] {lumdus} yes
[09:45] {Threei} cool :)
[09:45] {Threei} AMZN
[09:46] {Threei} .75 long
[09:46] {esemde} it's also taking the DINO BOUNCE
[09:46] {Threei} if stays above .55
[09:46] {esemde} MRK that is
[09:46] {dino} calm crushed again
[09:46] {lumdus} amzn missed it
[09:47] {magoo} in amzn vad
[09:48] {magoo} out here .23
[09:48] {magoo} TY
[09:48] {esemde} ASTI...nice break
[09:48] {Threei} 1:who knows what AMZN who got it
[09:48] {lumdus} i blinked for a sec
[09:48] {magoo} [09:48] {magoo} in amzn vad
[09:48] {Threei} you are inspirationally quick mags
[09:48] {Threei} great job
[09:48] {lumdus} hope you out magoo
[09:49] {magoo} [09:48] {magoo} out here .23
[09:49] {dino} fmcn l sm .00
[09:49] {Threei} OK, I wouldn't mind to find something slower
[09:49] {Threei} that's enough adrenalin for one morning
[09:49] {Threei} especially Monday morning
[09:50] {Threei} body is still in weekend mode
[09:50] {magoo} believe it or not..i agree...that was some quick flips..4 for 4
[09:50] {Threei} 4?
[09:50] {Threei} I did 3
[09:50] {Threei} did I call 4 and missedsomething, lol?
[09:50] {magoo} i know, i hit one more MRK w/out quick
[09:50] {Threei} ah
[09:51] {magoo} and not wanna post / bragg afterwards
[09:51] {Threei} I just held MRK for longer play
[09:51] {dino} wow, i haven't even finished a cup of coffee and magoo's done for day
[09:51] {lumdus} pretty much we can all close shop now
[09:51] {magoo} when i exited MRK sh in full and u exited half..i reloaded a bounce
[09:51] {magoo} and exited w/u later
[09:51] {dino} costanzza
[09:51] {magoo} as in a second
[09:52] {lumdus} in cmcsa .25
[09:52] {Threei} interested in JNP but want pullback first
[09:52] {magoo} synmbol?
[09:52] {Threei} JNPR
[09:52] {magoo} not getting it
[09:53] {Threei} still there and still no plullback
[09:53] {Threei} ESLR
[09:53] {Threei} watching where it finds support on this little retreat
[09:54] {Threei} .42 long trigger if holding above .30
[09:54] {Threei} and ESLR is often better player on aggressive entries
[09:54] {esemde} ACTU...give me an opionion on it someone
[09:54] {magoo} flatliner
[09:55] {esemde} am thinking bstop .21
[09:55] {magoo} imho..dangerous..could breakdown
[09:55] {esemde} tks mags
[09:55] {magoo} just opinion
[09:56] {magoo} flatliners tend to sell
[09:56] {Threei} if holding above .10 ese... tight stop, .09
[09:56] {Threei} hard to tell if it has a chance
[09:57] {magoo} also consideration..looks like a hostage situation
[09:57] {magoo} i can handle those
[09:57] {dino} hurn sm l .50
[09:57] {Threei} NVDA .26 long
[09:58] {Threei} .14 stop
[10:01] {Threei} reform eh
[10:02] {Threei} giving more powers to Fed, the very same organization whose actions caused large part of today's crisis
[10:03] {Threei} NVDA invalidated, rather bounce candidate now
[10:03] {Threei} same for ESLR
[10:03] {esemde} market heading down after that announcement
[10:05] {magoo} freaking snowing out here..not kidding
[10:06] {dino} ironic how greenspan doesn't catch any blame, it happened during his rule
[10:06] {magoo} RIMM hammered
[10:07] {Threei} yeah, Ben is not without blame but he will carry double burden
[10:07] {Threei} VRTX is oblivious to selloff
[10:07] {lumdus} magoo, i ready to pick up some rimm in a few sec
[10:07] {lumdus} in rimm .53 stop .48
[10:08] {esemde} just saw that VRTX
[10:08] {lumdus} oinked me
[10:09] {Threei} .50 break long
[10:09] {Threei} aww, late
[10:09] {Threei} .35 support
[10:09] {Threei} don't chase
[10:10] {Threei} ugh... sorry guys, was late to alert
[10:14] {dino} tisi
[10:14] {dino} thin
[10:15] {dino} nile
[10:19] {Threei} VRTX, starting to look for short setup
[10:20] {Threei} want one more bounce without breaking .50
[10:21] {Threei} hard to define trigger
[10:21] {dino} fmcn stopped -.27
[10:23] {Threei} broke, no entry for now
[10:27] {dino} layn
[10:29] {Threei} 22 breakdown short VRTX
[10:29] {Threei} if stays under .20
[10:31] {magoo} boy..its a bugger vad
[10:32] {dino} tisi l .71, stop .48
[10:34] {judijim} gm from jj
[10:34] {Threei} morning jj
[10:35] {magoo} jj : )
[10:36] {Threei} stop to .11 VRTX
[10:36] {Chaeron} hi all... in VRTX s .99
[10:36] {Threei} chaeron :)
[10:37] {dino} layn l sm .75, stop .47
[10:37] {Threei} RIMM .21 long if stays above 113
[10:39] {Threei} 1:1
[10:39] {dino} layn stop to .16
[10:40] {dino} out layn .15, +.40
[10:40] {Threei} nice one
[10:42] {magoo} gotta be quick today..scalpers mkt still
[10:43] {dino} yes magoo, yes indeed
[10:44] {Threei} you know you need to buy rights from ese to use word "indeed"?
[10:45] {dino} opps, my bad
[10:46] {Threei} stopped VRTX
[10:46] {magoo} biut u gotta pay magoo to use "OY"
[10:46] {Threei} thing was 1 cent away from 1;1
[10:46] {Chaeron} stopped VRTX - .13
[10:47] {bruce} s vrtx 22.09 stop 22.25
[10:49] {bruce} out vrtx - quick scalp +.23
[10:49] {Threei} good job bruce
[10:49] {bruce} thanx vad
[10:49] {Threei} shakeout VRTX for original entry
[10:50] {dino} risky, l sm fmcn .00
[10:53] {lumdus} long c
[10:54] {lumdus} bsc volume a pathetic 1.83 million shares.
[10:54] {lumdus} and .18 range. you see what can happen ?
[10:54] {Threei} and narrowed to almost no range
[10:54] {Threei} it's ex(im)plosive situation
[10:55] {lumdus} i think i be ok with c for now. maybe even a little orvernight.
[10:55] {magoo} [10:31] {magoo} boy..its a bugger vad
[10:55] {magoo} [10:32] {dino} tisi l .71, stop .48
[10:55] {Threei} question is ex or im
[10:56] {lumdus} ok, c so far +.10
[10:59] {Chaeron} RIMM?
[10:59] {Threei} .50 break was a trigger for a quick scalp but I couldn't type in time
[10:59] {Threei} need pullback now, or new consolidastion
[11:00] {magoo} w/mkt looks good to go
[11:00] {Threei} closest support is .30
[11:00] {magoo} sheesh
[11:00] {Threei} yeah
[11:00] {Threei} told you it's going to be real viper ahead of earnings
[11:00] {Threei} 113 support now
[11:00] {magoo} u got that right
[11:01] {Threei} if market jumps, worth a try
[11:01] {judijim} quick scalp on rimm twice +.18
[11:01] {magoo} 112 seems to be good support..several other days 112 held it
[11:01] {Threei} good scalping footwork, jj
[11:01] {judijim} tx it is fast
[11:04] {Threei} close enough to 113 now
[11:04] {dino} calm sm l .05
[11:04] {Threei} if market turns, get it with stop just under
[11:04] {Threei} no buying while market drops
[11:08] {bruce} jcp looks like short candidate
[11:12] {Threei} again RIMM
[11:14] {Threei} if market turns up and RIMM holding above 113
[11:14] {bruce} s jcp 37.20 stop 37.38
[11:14] {Chaeron} oops RIMM
[11:14] {Threei} not holding, invalidated
[11:23] {dino} out fmcn .44, +.44
[11:24] {Threei} VRTX looks rweady for another leg up
[11:24] {Threei} pullback closer to .50 would be nice
[11:25] {Threei} no pullbacks VRTX says
[11:28] {Threei} long RIMM stop under 113
[11:29] {dino} out calm .65, +.60
[11:29] {Chaeron} in RIMM .21
[11:30] {Threei} my entry too chaeron
[11:30] {Threei} 1:1 easy
[11:30] {GeoArb} out 1:1 TY
[11:30] {Threei} welcome
[11:30] {GeoArb} .40 exit
[11:31] {bruce} stopped jcp -.18c
[11:32] {Threei} I'll try for more RIMM... market looks ready for a spike here
[11:32] {Threei} but don't let it impact your exits
[11:33] {dino} layn l .50, stop .18
[11:36] {Threei} 1:2
[11:36] {Threei} out half .60
[11:36] {Threei} stop to .29
[11:37] {judijim} made +.25 on rimm
[11:39] {dino} gj
[11:46] {Chaeron} out 114.01 + .80 many thanks Vad
[11:46] {Chaeron} can we do that again please? :)
[11:47] {Threei} no
[11:47] {Chaeron} *sigh*
[11:48] {dino} vrtx strong
[11:48] {Threei} :)
[11:50] * Threei slaps Laserdave1 around a bit with a large trout
[11:50] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:54] * magoo slaps Laserdave1 around a bit with a large trout
[11:59] * Laserdave1 slaps Laserdave1 around a bit with a large trout
[11:59] {Threei} that was good move on your part dave
[12:00] {Threei} I respect this objectivity
[12:00] {Laserdave1} i thought so as well
[12:00] {Laserdave1} ya that VRTX
[12:00] {Laserdave1} crazy
[12:02] {dino} advs drop
[12:05] {dino} michelle caruso carrerra looking hot today
[12:07] {bruce} l apol 43 stop 20 c
[12:09] {Threei} OK guys, not much happens right now, let's take a breather,
[12:09] {Laserdave1} big oil dump
[12:09] {Laserdave1} wow
[12:09] {Threei} keep half eye on BSC,
[12:09] {Laserdave1} just got long USO
[12:09] {Laserdave1} .25 cent stop
[12:09] {Threei} it's been quiet for too long, sudden news may lead to quick move
[12:09] {Threei} meanwhile, those who missed morning post:
[12:10] {Threei} [08:43] {Threei} while there is time before action, new post on trading psychology:
[12:10] {Threei} [08:43] {Threei}
[12:10] {Threei} [08:44] {Threei} if you haven't read previous ones, start there since it's a series and by itself it will be somewhat out of context
[12:10] {Threei} [08:44] {Threei} series starts with
[12:13] {Laserdave1} USO guys i am moving stop to 82.00
[12:13] {Laserdave1} mass move down is scary
[12:14] {Laserdave1} longs can be in troouble
[12:16] {Laserdave1} out
[12:16] {Laserdave1} lost .10
[12:16] {Laserdave1} not sure whats up with oil
[12:17] {Threei} whateer it is I don't mind
[12:18] {Laserdave1} ya maybe gas will go cheaper:)
[12:20] {dino} gap fill maybe uso
[12:20] {dino} oih holding up
[12:25] {bruce} fmcn looks long to me here dino
[12:25] {dino} was thinking 34.91
[12:26] {bruce} k - probably smarter
[12:29] {dino} not going to get to me
[12:29] {dino} calm?
[12:30] {bruce} went l at .27 stop at .10
[12:30] {dino} gj
[12:31] {bruce} not sure yet
[12:31] {bruce} may still get stopped
[12:35] {dino} well, it is baseball season
[12:39] {dino} nice bruce fmcn
[12:45] {bruce} thanx - still holding dino - hope I don't get stopped flat
[12:46] {judijim} vad, enjoyed blog. False sense of pride is first characteristic attacked by market. The easiest person to deceive is onself.
[12:47] {Threei} I can feel I hear professional talking :)
[12:47] {judijim} rational (reasoning) thinking can prove expensive
[12:56] {magoo} goiotta run errand, be back hour..ty
[12:57] {bruce} exit fmcn +.12
[13:00] {dino} layn stop to .93
[13:11] {dino} take it to .03
[13:12] {Threei} GILD .55 long if stays above .45
[13:14] {Threei} invalidated
[13:20] {dino} to .11
[13:22] {dino} tisi stopped -.22
[13:25] {dino} sm l calm .18
[13:25] {dino} whoosdh hit me
[13:27] {Threei} dptl is slacking on us today?
[13:27] {dino} pmii?
[13:28] {Threei} Good earning on Fri after market
[13:30] {dino} ty
[13:30] {dino} ckec, mxwl
[13:33] {dino} out layn slippped ave .15, +.65
[13:39] {Threei} somewhat wierd market move
[13:40] {Threei} I mean, NQ hitting highs, but not many stocks follow
[13:40] {Threei} no breadth I'd think
[13:40] {Threei} those of you who use breadth indicators can check and correct me if mistaken
[13:41] {Threei} volume is questionable too
[13:42] {dino} y
[13:43] {bruce} nice one dino
[13:43] {dino} lots of stocks down big, imo, mkts up
[13:43] {Threei} and techs are in the midle of nowhere
[13:45] {Onix} Vad, did I type something wrong here? .. can not get into this address:
[13:46] {Threei} can you reach other articles?
[13:46] {Threei} ?
[13:46] {dino} cwei
[13:47] {Onix} yes, the blog/index came up fine
[13:47] {Threei} OK, then scroll down a little and look right column
[13:48] {Threei} you'll see line Psychology 101
[13:48] {Threei} just click on it to get to that article
[13:48] {Threei} easier than search for some excessive space or dot in the typed address :)
[13:48] {Onix} will do, thanks Vad ... got it1
[13:48] {Threei} :)
[13:52] {bruce} s vrts .72 10 c stop
[13:55] {bruce} out - quick scalp +.12
[13:55] {bruce} probably has lots more to drop
[13:55] {Threei} nothing wrong with sure quick money
[13:56] {bruce} thanx - it worked - kinda reluctant to hold right now
[14:01] {dino} gj bruce, holding for more here
[14:03] {dino} partial fill s cwei .38
[14:05] {dino} ahhh mannnnnn
[14:05] {lumdus} s rimm .42 stop .54
[14:06] {dino} 100 filled 52.38
[14:07] {lumdus} cover rimm 112.17
[14:07] {lumdus} +.24
[14:07] {lumdus} little scalps for now. we had the big hits with vad in the early early am (while 1/2 asleep)
[14:08] {Threei} 1/2??
[14:08] {dino} gj lum
[14:08] {lumdus} tx dino.
[14:08] {Threei} I was 95% asleep at least
[14:08] {Threei} or rather in deep coma
[14:08] {lumdus} so i should hope you stay in such a coma .. for time to come
[14:09] {Threei} oh me too, it's so relaxing
[14:11] {Threei} RIMM short
[14:11] {Threei} 112 break
[14:11] {Threei} .16 stop
[14:13] {Threei} no worky
[14:15] {dino} ipcs
[14:16] {lumdus} l rimm 112.09 stop
[14:16] {lumdus} 111.98
[14:17] {lumdus} i think small change .. rolling this dice
[14:17] {lumdus} ok -.09
[14:19] {Threei} RIMM shakeout, now does what planned
[14:23] {dino} cov vrtx .13, ty bruceeeeeeeeee
[14:24] {bruce} ipcs dino
[14:24] {bruce} nice dino - knew I shoulda held - dumb dumb dumb
[14:24] {dino} watching it, not sure which way to go
[14:24] {bruce} me either
[14:25] {dino} lawsuit, sprint owes them huge territory
[14:27] {bruce} k
[14:36] {dino} sm l fmcn .97
[14:37] {bruce} s gild 51.40 stop 10 c
[14:37] {bruce} was wondeing about fmcn - still looks short to me dino
[14:38] {dino} tsra blood
[14:39] {dino} patent loss
[14:40] {dino} amkr
[14:41] {dino} amkr l sm .60
[14:45] {bruce} stopped gild 10c
[14:46] {dino} good stop
[14:48] {bruce} small anyway - still may go
[14:53] {Threei} market bounce time, just a small scalp
[14:54] {Threei} SEED spike
[14:56] {Threei} if took RIMM for market bounce, feel free to grab profit
[14:57] {bruce} fo short candidate dino
[15:00] {dino} 15m sh buyback
[15:00] {dino} so yes, imo s
[15:01] {dino} break of 69
[15:01] {dino} opps, will have to wait, school bus coming, back in 10
[15:02] {bruce} k
[15:07] {Threei} MELI
[15:09] {bruce} s fo 69.21 - 12cstop
[15:09] {magoo} back: )
[15:11] {dino} fmcn stopped while out -.47
[15:12] {Threei} no stopping MELI
[15:13] {magoo} excuse me???
[15:13] {Threei} you want to try and stop it? :)
[15:13] {magoo} no..............
[15:13] {magoo} [15:09] {magoo} back: )
[15:14] {judijim} tx quick scalp meli
[15:15] {Threei} jj lives dangerously
[15:16] {bruce} stopped fo -.15c
[15:17] {magoo} i miss alot of good ones vad?
[15:17] {Threei} 40 break small long MELI if not losing .70 anymore
[15:17] {Threei} about 6 or 7
[15:18] {magoo} really?...sigh
[15:18] {Threei} no game MELI
[15:18] {magoo} or is that scripted response?
[15:18] {Threei} yes
[15:18] {Threei} adjusted for you
[15:18] {Threei} usually I say 3-4
[15:18] {magoo} nice toi be luved
[15:19] {Threei} but of course
[15:24] {dino} amkr satop to b/e
[15:27] {Threei} MELI holding too well
[15:27] {Threei} feels like another jump is coming
[15:27] {Threei} horrific risk
[15:33] {magoo} troo funny
[15:33] {Threei} what is?
[15:33] {magoo} i believvemny typing skills have derterioated
[15:34] {Threei} nooo
[15:34] {Threei} they can't possibly
[15:34] {magoo} [15:27] {Threei} horrific risk
[15:35] {Threei} did you hear this loud stud?
[15:35] {Threei} that's raven fainted hearing your suggestion that yourt typing skills had any room to deteriorate {G}
[15:38] {magoo} roflol
[15:39] {Threei} oh and btw
[15:39] {Threei} second stud was when he got up and looked who talked about your typing skills...
[15:39] {GeoArb} stud thud
[15:39] {Chaeron} lol
[15:39] {Threei} lol
[15:39] {Threei} proof of the concept
[15:40] {GeoArb} and i thought i was the only stud on the west coast
[15:40] {Threei} let me get my studfinder
[15:41] {dino} cov cwei .42 ave, +.46
[15:41] {Threei} no Geo, sorry... it says a lot of those in my walls
[15:42] {dino} layn l sm .04
[15:42] {bruce} calm long here dino?
[15:45] {dino} i like it, thing doesn't make sense tho, great report kill it
[15:46] {bruce} probably a play for tomorrow
[15:47] {dino} y
[15:47] {Raven} who's a stud ?
[15:47] {Threei} Geo
[15:47] {Raven} K
[15:48] {GeoArb} i thought so :(
[15:48] * Raven slaps GeoArb around a bit with a large trout
[15:48] {Raven}
3 no studs allowed in this room ... just wimps
[15:49] {GeoArb} MADE 65 BUCKS (SO I THINK I AM)
[15:49] {GeoArb} LOL
[15:49] {GeoArb} oops
[15:49] {Raven}
3 sheesh
[15:53] {dino} the way calm trades i guess all the chickens must have died
[15:53] {judijim} Bye for today, slightly in the +, two trades made the difference didn't use fast enough stop. We'll be back tomorrow. Thanx all!
[15:53] {Threei} take care jj
[15:53] {Threei} that was not the easiest day
[15:53] {GeoArb} real fast first half hour
[15:53] * magoo slaps Raven around a bit with a large trout
[15:53] {Threei} a few very nice trades early on but so fast, you had to be seriously jolted by gallon of coffee
[15:54] {GeoArb} i need more coffee
[15:54] {GeoArb} yup
[15:54] {Threei} OK guys, thank you all
[15:54] {magoo} i got them
[15:54] {magoo} 5 for 5
[15:54] {Threei} have a good evening
[15:54] {GeoArb} thank all
[15:54] {Chaeron} see you tomorrow... thanks Vad... all
[15:54] {Threei} see you tomorrow
[15:54] {magoo} TY vad
[15:54] {GeoArb} and ill get there magoo !!
[15:54] {Threei} no coffee for magoo
[15:55] {Threei} he isjolted enough as it is
[15:55] {magoo} i do drink alot
[15:56] * Raven slaps magoo around a bit with a large trout
[15:56] {dino} s fo .44
[15:57] {fernp} was great be here!, Bye
[15:59] {magoo} bye femp
[16:00] {dino} cov fo .37, +.-07

Friday, March 28, 2008

Mar 28 2008

Session Time: Fri Mar 28 00:00:00 2008

[08:30] {Threei} *FEB PERSONAL INCOME: 0.5% V 0.3%E; PERSONAL SPENDING: 0.1% V 0.1%E
[08:30] {Threei} *FEB PCE CORE M/M: 0.1% V 0.1%E; PCE CORE Y/Y: 2.0% V 2.1%E; PCE DEFLATOR Y/Y: 3.4% V 3.5%E
[08:41] {magoo} morning
[08:41] {Threei} magoo :)
[08:42] {magoo} retsdav
[08:45] {magoo} snow on cnbc i believe most of day today, was on thismorning
[08:46] {Threei} snow?
[08:49] {dino} gm all
[08:49] {Threei} dino :)
[08:50] {dino} gm scalpers fridayyyyyyyyyyyyyyyyyyyyyyyyyy
[08:50] {hawkfan4} good morning all. was 50 here on wednesday and snowed all day yesterday
[08:51] {Threei} hawk :)
[08:51] {Threei} gosh... can't even begin telling you how happy I am now that snow is all but banished from my life
[08:53] {dino} still have some in my lawn
[08:55] {hawkfan4} so i have to move to Canada for warmer weather? hmmmm....:)
[08:55] {Onix} Good morning all
[08:56] {Threei} well... Victoria is not really reflective of RoC (rest of Canada) :)
[08:56] {Threei} Onix :)
[08:56] {magoo} sigh...john snow..i thought vad was a fan of him
[08:57] {Threei} is it same snow that advocated "strong dollar policy"?
[08:57] {Threei} there were two of them, not sure of first name
[08:57] {Threei} my favorite left his position a while ago
[08:57] {Threei} his blue-eyed optimism was invigorating :)
[08:59] {dptl} good morning all
[08:59] {Threei} dp :)
[09:00] {dino} the late snow is my fault btw...i put the deck furniture out a week ago, and tempted fate
[09:01] {Threei} ahhh... I used tyo be able to summon rain by washing my car
[09:01] {dino} lol
[09:01] {Threei} even thought for a while of new business offering: washing my car on local TV in regions hit by drought
[09:02] {dino} you'd need a bikini
[09:03] {hawkfan4} {--pushes his breakfast away
[09:03] {Threei} the vision of myself scarcely-clad was majot reason why I dropped the idea
[09:08] {magoo} the same vad..left his position, now w/cerberus{who took over chrysler}
[09:08] {Threei} :)
[09:08] {GeoArb} gm all
[09:09] {Threei} geo :)
[09:13] {dptl} tsra news?
[09:13] {Threei} 03/27/08 09:40pm [TSRA] Informed that ITC has overturned stay ordermore.. - Company was orally informed today by the General Counsel's Office of the U.S. International Trade Commission (ITC) that the ITC has overturned the recent decision of the Administrative Law Judge to stay Tessera's wireless ITC action against Motorola, Freescale, Qualcomm and others. Tessera has not yet received the ITC's written notice announcing this decision, but expects that the written notice will be available shortly.
[09:14] {dptl} ty
[09:18] {Threei} be back in 5
[09:28] {Threei} JASO is gapping
[09:28] {Threei} if solars strength continues keeping an eye on ESLR
[09:29] {dino} nobl
[09:30] {Threei} 03/27/08 11:19pm
[09:30] {Threei} [NOBL] Noble International Ltd Reports Q4 $0.05 (ex-items) v $0.13e, R$317.4M v $303Me
[09:30] {Threei} - Guides FY08 $0.45-$0.55, R$1.15B-$1.20B (On 11/7, the company guided FY08 EPS $1.45-$1.55, R$1.20B-$1.30B)
[09:32] {bruce} wfr reversal long candidate dino
[09:32] {dino} ouch apol
[09:32] {Threei} ESLR .51 long if stays above .40
[09:33] {magoo} in
[09:33] {lumdus} good morning ..
[09:33] {Threei} lum :)
[09:34] {Threei} 1:1
[09:34] {ThurstonHowellTheThird} gm all
[09:34] {Threei} thtt :)
[09:34] {lumdus} jaso looking strong
[09:35] {lumdus} in jaso .74 stop .67
[09:35] {Threei} AKNS .93 long if stays above .75
[09:36] {Threei} break of 8 is critical for it
[09:36] {Threei} should sent it flying
[09:36] {lumdus} i hwill bid 8.05
[09:36] {lumdus} in ..
[09:37] {dino} cpla
[09:38] {Threei} stop is still under .75, if breaks 8.10 will be not a scalp for me most likely
[09:41] {dino} calm death again
[09:42] {Threei} wsatching RIMM for bounce
[09:42] {magoo} me too
[09:43] {Threei} unclear market here
[09:43] {bruce} l akns 7.81 6 cstop
[09:44] {Threei} .51 RIMM long if stays above .30
[09:45] {dino} sm risky l cpla .00
[09:45] {Threei} new wave of selling NQ
[09:45] {dino} tif s break of .50
[09:46] {lumdus} rimm invalidated
[09:47] {Threei} setup is back
[09:47] {Threei} same range
[09:48] {Threei} come on RIMM break
[09:48] {Threei} invalidated again... abandining for now
[09:49] {lumdus} shorted it .44
[09:49] {Threei} good move
[09:49] {lumdus} covering in a few sec
[09:49] {Threei} let's go AKNS
[09:49] {lumdus} .79
[09:49] {lumdus} out rimm .79 + .60
[09:49] {Threei} wtg
[09:50] {lumdus} i was thinking to go long, but not crazy yet
[09:50] {magoo} nice lum
[09:52] {dino} gj lum
[09:52] {lumdus} ho crap..
[09:53] {magoo} vad, u still in ESLR? i did not take 1:1
[09:53] {Threei} took half, stopped on half
[09:53] {Threei} 1;1 is 1:1
[09:53] {Threei} AKNS stop to .79
[09:53] {magoo} yup
[09:53] {Threei} don't want to overtighten it
[09:53] {Threei} it has nice potential
[09:54] {magoo} in ak too .95
[09:54] {Threei} it's over 1:1, take some off the table probably
[09:54] {bruce} half out akns +.25
[09:54] {lumdus} even intc looks good.. but i can't get more then .10 on the dam fat stock
[09:54] {lumdus} s rimm .89 stop 115
[09:54] {lumdus} .01
[09:55] {Threei} half out AKNS .15
[09:56] {Threei} stop to under .90
[09:56] {Threei} risk is negligible here, about 5 cents on half of original position
[09:56] {magoo} me too .15 TY
[09:56] {Threei} welcome
[09:56] {lumdus} rimm die now so i can scalp your head
[09:57] {magoo} lun lol
[09:57] {magoo} lum
[09:57] {magoo} i getting second chance ESLR
[09:57] {Threei} mags, don't let ESLR slip this time
[09:57] {magoo} waiting .64
[09:58] {tomg} vad, you out eslr?
[09:58] {Threei} and stop to .44
[09:58] {magoo} k
[09:58] {Threei} tom,
[09:58] {Threei} [09:53] {magoo} vad, u still in ESLR? i did not take 1:1
[09:58] {Threei} [09:53] {Threei} took half, stopped on half
[09:58] {magoo} see..i manuel stop i just missed it
[09:58] {magoo} watching others
[09:58] {Threei} why?
[09:58] {Threei} oh
[09:58] {dptl} eslr +.10 akns +.20 ty
[09:59] {Threei} dp :)
[09:59] {magoo} had RIMM long on second try
[09:59] {magoo} in .40 outy .86
[09:59] {magoo} took all attention
[09:59] {Threei} offering 1/4 more AKNS .29
[09:59] {magoo} after we stopped..went again
[09:59] {dino} gj dp
[09:59] {lumdus} magoo what you fighting me here on rimm ?
[10:00] {Threei} uh oh
[10:00] {magoo} nah..u got out first
[10:00] {Threei} trout is about to start whistling
[10:00] {magoo} probably i bought uyour cover lol
[10:00] {lumdus} huh ? i shorted .89 with stop 115.01 .. i posted it above
[10:00] {magoo} just funning
[10:01] {lumdus} ok, magood X-friend of lumuds bye bye
- 1 year inflation expectations at 4.3% v 3.6% in Feb
[10:01] {magoo} come on ESLR..magoo kicking it
[10:01] {lumdus} bad news stop affecting market it seems vad
[10:01] {magoo} out ,64 TY vads
[10:01] {Threei} it's been like this for a while lum
[10:01] {Threei} welcome mags... good thing it gave second chance
[10:02] {Threei} would hate to lose on one of solars while whole sector is so strong
[10:02] {magoo} good people get second chances lol
[10:02] {Threei} oh...
[10:02] {Threei} that's why I never do
[10:02] {dino} fmcn l .29, stop .99
[10:04] {lumdus} i got stopped in rimm -.12 ouch
[10:04] {Threei} -.12 is not ouch... -.12 is routine
[10:04] {lumdus} yeah, but i don't like to lose anything .. you know that
[10:04] {Threei} yeah... but you should
[10:05] {Threei} losing now and then small is a sacrifice to trading godsa
[10:05] {dino} lol
[10:05] {Threei} withold, andf they will hit you big
[10:05] {Threei} better keep them happy :)
[10:05] {lumdus} and you expect me to believe that ,
[10:06] {dino} trading is not about being right lum, its about trading right
[10:06] {lumdus} you ever heard you give a hand they want a foot ?
[10:06] {Threei} well... replace odds with gods if you are that materialistic :)
[10:06] {ThurstonHowellTheThird} the trading gods should be real happy with me over the years then :)
[10:07] {Threei} good THTT... time to turn it around then and get on their good side
[10:07] {dino} its simply tuition
[10:07] {dino} pretend its harvard
[10:07] {Threei} eqzaktly
[10:07] {lumdus} dino, who pays tuition - you get grants
[10:08] {Threei} in trading grants is a bad thing
[10:08] {lumdus} bak in rimm l .79 stop
[10:08] {Threei} reinforce bad habits
[10:08] {lumdus} .81 stop .78
[10:08] {dino} hmmmm getting technical....but eventuallky we all must pay
[10:08] {Threei} yeah
[10:09] {Threei} I am yet to see or even hear of a trader who just came into this profession, and started winning
[10:09] {Threei} and never lost
[10:09] {GeoArb} me :)
[10:09] {lumdus} stop rimm .97 - protect profits
[10:09] {GeoArb} i am a sim cowboy !!!
[10:09] {dino} u r cracking me up
[10:09] {Threei} sims tend to do that to you :)
[10:10] {lumdus} out rimm .05
[10:10] {lumdus} +.23 got my money back from whoever
[10:10] {Threei} {whoever} ugh
[10:10] {dino} out cpla .76 ave. +.76
[10:11] {lumdus} ce ya later - enough for now
[10:11] {dino} gj lum
[10:11] {magoo} [10:06] {dino} trading is not about being right lum, its about trading right
[10:11] {magoo} thats a great statement really
[10:12] {dino} way of the turtle
[10:13] {bruce} heroes in a half shell?
[10:15] {Threei} lol
[10:15] {Threei} those are oysters
[10:15] {bruce} no teeenage mutant ninja turtles - my kids used to love it
[10:15] {dino} you can tell it's friday here
[10:15] {Threei} casual dress code
[10:16] {Threei} just in case anyone invests in Belgium:
[10:17] {dino} bbby s .41, stop .67
[10:17] {Threei} ASTI was another solar I looked at earlier and never found guts to call it
[10:17] {Threei} too thin
[10:20] {bruce} akns stop to 7.95
[10:20] {Threei} FSLR strength... let's see if it pulls AKNS up finally
[10:21] {Threei} JASO approaches high too
[10:21] {Threei} actually, JASO maybe deserves .90 break long if holding above .80
[10:22] {Threei} invalidated for now but not ultimately
[10:22] {Threei} new consolidation can put it on a map again
[10:24] {dino} fmcn stopped -.30
[10:26] {bruce} iigt may be close to bottom dino
[10:26] {bruce} igt
[10:28] {dino} hmmm
[10:28] {dino} lost a patent case couple days ago
[10:29] {dino} off of .00?
[10:29] {bruce} k- just watching it - still a bit to go down but close now
[10:30] {dino} 40.20s
[10:31] {dino} cwei
[10:31] {bruce} sounds good to me dino
[10:31] {dino} thinnny
[10:33] {dino} de strong today
[10:34] {Threei} 1/4 more out AKNS
[10:35] {patience} usda seed crop forecast comes out monday....ags should respond
[10:35] {Threei} stop now under 8
[10:38] {bruce} hurn mqay be worth try long here dino
[10:38] {bruce} 15 cstop
[10:38] {dino} agree, was thinking break of 40.90
[10:39] {dino} oopps
[10:39] {dino} wrong onew
[10:39] {esemde} Ok good morning....power back on at my house.....patience did your street go out
[10:39] {Threei} hi ese
[10:39] {patience} nope
[10:40] {esemde} morning vad
[10:40] {esemde} maybe we have to move away from the water
[10:40] {esemde} was winding down here last night
[10:43] {bruce} l hurn 41.02 12 c stop
[10:44] {magoo} did JASO ever trigger vad?
[10:44] {magoo} wow..look at ESLR high vad
[10:44] {Threei} it hit above .90 but there was no any convincing consolidation above .80
[10:45] {magoo} second chance exit was .64
[10:45] {Threei} nice :)
[10:46] {bruce} stopped hurn on spike -.19c
[10:47] {dino} that sucked
[10:49] {bruce} yes - sorry if you were in
[10:49] {dino} wasn't
[10:49] {bruce} may have been just fakeout spike
[10:51] {dino} bbby stop to b/e
[10:51] {dino} bstop that is
[10:54] {magoo} RIMM powers up..not in
[11:02] {Threei} .16 long
[11:02] {Threei} stop just under 115
[11:03] {Threei} in
[11:04] {Threei} done with AKNS
[11:05] {magoo} in
[11:05] {magoo} .17
[11:05] {bruce} stopped balance akns +.13
[11:05] {Threei} RIMM 1:1
[11:05] {GeoArb} in 15 out 32 TY
[11:06] {Threei} scalper's footwork :)
[11:06] {GeoArb} scalper regret
[11:06] {esemde} coming into the market so late just puts you off track.....out of sync
[11:06] {esemde} no feel for anything
[11:06] {Threei} darn BC Hydro
[11:07] {magoo} out TY vad
[11:07] {esemde} power out at your place now Vad?
[11:07] {Threei} welcome kind sir
[11:07] {Threei} no ese
[11:07] {Threei} just expressing sympathy and solidarity :)
[11:08] {magoo} back in .40
[11:08] {Threei} wow
[11:08] {Threei} what was that?
[11:08] {magoo} out .84 IN A SECOMND
[11:08] {dino} fmcn last try l .25
[11:08] {esemde} ahhhh you made a funny and i didn't get it.........see what I mean about being out of sync
[11:09] {Threei} not your fault ese... it's my sense of humor that is beyond questionable :)
[11:09] {bruce} l sun 52.21 7 c stop
[11:09] {magoo} no comment on my in-out second try??
[11:09] {magoo} sigh
[11:10] {magoo} how about a trout then?
[11:10] {dino} l tif .34
[11:11] {bruce} stopped sun -.08 c
[11:16] {magoo} laserdave sleeoping in today vad
[11:17] {Threei} well
[11:17] {Threei} as soon as he is in...
[11:18] {bruce} l sun again .22 same 7 c stop
[11:18] {dino} out tif .74, +.40
[11:19] {bruce} out sun - quick scalp +.20
[11:19] {dino} gj
[11:20] {bruce} thanx dino - jsut a samll play
[11:22] {dino} take what you can on fridays, imo
[11:23] {Threei} my brain heard you dino, and took leave of absence... because it could
[11:27] {dino} acur
[11:28] {bruce} geesh dino 70c spread
[11:29] {bruce} no way I'm touching that puppy
[11:30] {Threei} QLTI
[11:35] {Threei} *(GE) MAR PRELIMINARY CPI: M/M 0.5% V 0.3%E; Y/Y 3.1% V 2.9%E
[11:35] {Threei} (GE) MAR PRELIMINARY HARMONIZED CPI: M/M 0.5% V 0.3%E; Y/Y 3.2% V 3.0%E
[11:37] {bruce} rats - hurn moved 1 buck after stopping me - took it too early
[11:37] {dino} fmcn stop to .49
[11:38] {dino} tom .59
[11:38] {dino} outv .59 +.34
[11:41] {bruce} l igt .75 25 c stop
[11:42] {Threei} AKNS trying to form C&H
[11:42] {Threei} not sure how reliable it is
[11:42] {Threei} typical Friday so far
[11:43] {magoo} scalpers friday..i just don't have a good feel for scalping vad
[11:43] {Threei} hmm?
[11:44] {magoo} like when u say.."scalpers u know what to da"...i dunno what to do
[11:45] {Threei} ah
[11:45] {Threei} here is what will help:
[11:45] * Threei slaps magoo around a bit with a large trout
[11:46] {dino} hit him again
[11:47] {Threei} why?
[11:47] {bruce} give him a beer - that'll clear his head
[11:48] {magoo} dino sending magoo on a hoagie run
[11:48] {dino} he's corrupting my diet again, -3 lbs this week and now he's getting us subs
[11:50] {dino} xrtx s .75
[11:55] {magoo} RIMM vad wants it
[11:55] {magoo} not in
[11:56] {bruce} you could just watch him eat dino
[11:56] {bruce} have a nice yummy salad
[11:56] {dino} ya, right, :)
[11:57] {bruce} yeah - blech
[11:57] {bruce} how do people eat that stuff?
[11:57] {dino} only 10 lbs. to go
[11:57] {bruce} rabbit food
[11:58] {dino} not bad w/beer bruce and some chicken
[11:58] {dino} speaking of beer and chicken, get one of those beer can chicken cookers, awesome
[11:59] {esemde} Beer can chicken COOLERS!!!!!??????
[11:59] {bruce} lol
[11:59] {bruce} yeah
[11:59] {bruce} eat the chicken - swig the beer
[12:00] {bruce} and watch the salad rot
[12:00] {dino} cookers, at wal-mart for like $6
[12:00] {dino} makes a heck of a chicken, no mess
[12:00] {esemde} ohhhhhh....cookers! I miss read that.....thaought it was COOLERS....
[12:00] {dino} try to stay w/me es
[12:01] {esemde} was thinking theres a bizzare product
[12:01] {dino} lol
[12:02] {esemde} ok dino........have been so out of sync with everything
[12:02] {dino} np
[12:02] {esemde} it's affecting my trading as well
[12:03] {esemde} it's hard to get a have to be very careful with what I trade
[12:03] {esemde} don't want to be stupid
[12:03] {dino} relax
[12:04] {esemde} true
[12:05] {esemde} anyone see the promo on NEON's new touch surface cellphone?
[12:05] {dino} n
[12:06] {esemde} cell phone of the future.....smaller and more functionable than the iphone
[12:06] {dino} wow
[12:06] {Chaeron} got a url ese?
[12:06] {esemde} one sec will find it......
[12:08] {esemde} from The
[12:08] {esemde} not sold in the US of A yet
[12:09] {esemde} only in Europe
[12:09] {bruce} stopped out igt +.07
[12:10] * Threei slaps Laserdave1 around a bit with a large trout
[12:10] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:11] {esemde} good eyes there gentlemen
[12:11] {Threei} magoo asleep at the wheel
[12:11] {Laserdave1} ya not impressed magoo
[12:11] {Laserdave1} sleeping on the job
[12:12] {esemde} chaeron....did that url work......if not go to Yahoo finance...type in's the first or second news release
[12:12] {dino} sub run
[12:12] {Chaeron} thanks ese
[12:13] {Chaeron} watching now
[12:13] {dino} xrtx stopped flat
[12:17] {esemde} whats your opinion Chaeron......
[12:20] {esemde} business opportunity maybe Chaeron........hmmmmmmmm
[12:24] {dino} hurn l .54
[12:26] {Chaeron} dang ese... I can't get it... it keeps going to AAPL
[12:27] {esemde} go to yahoo finance
[12:27] {esemde} type in Neon
[12:27] {esemde} first or second news item
[12:29] {esemde} news item...[video] Neonode's New Touch-Screen Phone Is a Slam Dunk
[12:30] {Chaeron} wow... $600
[12:31] {esemde} that will come down for sure.....
[12:31] {esemde} what did you think.....
[12:31] {Chaeron} hope it's with Verizon lol
[12:31] {esemde} man that thing is tiny
[12:31] {dino} ener
[12:33] {dino} calm missed
[12:35] {dino} chaer, you gonna let him talk that way to you
[12:36] {esemde} now that was witty.......
[12:36] {dino} lol
[12:38] {magoo} back
[12:38] {dino} ener read bruce, you hit it yesterday i think
[12:41] {lumdus} l aapl 144.08 stop
[12:41] {bruce} akam possible long candidate dino
[12:41] {lumdus} 143.95 stop on aapl
[12:42] {dino} dk
[12:42] {bruce} ener looks like short - wut wouled like to see it take one more long try
[12:42] {lumdus} aapl - go over .40 pleaaaaaaase !
[12:43] {dino} sm cwei s .44
[12:49] * Chaeron slaps dino around a bit with a large trout
[12:49] {Chaeron} just got back myself.....
[12:50] {dino} ouch
[12:52] {bruce} mic posible long here dino
[12:52] {bruce} micc
[12:55] {dino} rbcn
[12:56] * magoo slaps Laserdave1 around a bit with a large trout
[12:56] {magoo} lil late
[12:56] {dino} not enough imo micc
[12:57] {Laserdave1} ok thats better
[12:57] {bruce} k dino - thanx
[13:02] {dino} partial cov cwei .09, +.35
[13:06] {bruce} apol just dumped
[13:08] {dino} ener
[13:10] {dino} brb
[13:11] {Threei} 46 minutes late is not simply late magoo
[13:11] {bruce} ener worth try short hereimo
[13:11] {Threei} it so late, dinner gone cold and beer gone warm
[13:12] {Threei} volume is laughable today
[13:12] {Threei} glad we got our winners early
[13:12] {GeoArb} apol
[13:14] {GeoArb} any news on dv?
[13:15] {Threei} 03/27/08 04:01pm [APOL] Reports Q2 $0.44 v $0.52e, R $694M v $703.5Me
[13:15] {magoo} nice job early vad, twice my daily with u then stopped
[13:15] {dino} think just apol bad news dv geo
[13:15] {magoo} laser, u here??
[13:15] {GeoArb} ok
[13:15] {Threei} yes dino
[13:15] {GeoArb} really pounded
[13:15] {Laserdave1} im here
[13:15] {Threei} this piece I posted was under DV symbol
[13:16] {magoo} dcc quick if not busy
[13:16] {Laserdave1} sure
[13:17] {dino} cpla too
[13:17] {GeoArb} thats all i needed
[13:17] {GeoArb} whopper bar
[13:25] {dino} ener a bit strange
[13:27] {Threei} sheesh
[13:27] {Threei} wanted to short 52 week breakdown BLDP at 4
[13:27] {Threei} and forgot
[13:28] {bruce} did that yesterday to dino - pop before drop
[13:28] {Threei} I need three years vacation to rebuild my memory
[13:28] {GeoArb} magoo dcc?
[13:29] {Threei} of course in three years I'll forget where my home is
[13:29] {GeoArb} russia?
[13:29] {Threei} as again at the end of three years vacaytion... and answer pretty much may be "ah yes"
[13:29] {Threei} as = ask
[13:36] {bruce} apol may be ready to reverse dino
[13:36] {bruce} stop is pretty big here
[13:37] {dino} vad you take enough vacations. you can only go when i finally take one
[13:38] {dino} apol risky
[13:38] {Threei} enough?
[13:38] {Threei} come on
[13:38] {dino} would rather cpla
[13:38] {dino} oh, that vaca talk, is on the 16th again:)
[13:38] {Threei} I had 1 week this Christmas/New year in 18 month
[13:39] {dino} and i never go away (my short term memory)
[13:40] {Threei} ugh BLDP
[13:40] {bruce} Ilike cpla
[13:40] {bruce} need a green candle
[13:49] {dino} hurn not moving stop to .43
[13:50] {magoo} vad?
[13:50] {Threei} yeah?
[13:50] {magoo} just read your blogs..very good bioss
[13:50] {magoo} yeah
[13:51] {Threei} thank you
[13:51] {dino} cov 1/3 of cwei .79, +.65
[13:54] {GeoArb} hey what happenned to curtis?
[13:54] {GeoArb} rooms dead without him
[13:54] {dino} cov last cwei .92, +.52
[13:55] {dino} gee thx
[13:55] {GeoArb} hehehe
[13:55] {dino} lol
[13:56] {dino} curtis is really magoo's alter ego
[13:56] {magoo} oh geo, sorry, just scrolled up and saw dcc, u want anything?
[13:56] {GeoArb} oh i dcced you
[13:56] {magoo} u still want dcc?
[13:57] {GeoArb} just did
[13:57] {magoo} id rather not, there is a vad room dcc charge of $5
[13:57] {GeoArb} ohh
[13:57] {GeoArb} i gave a super duper 90 number chat room
[13:58] {Threei} lol
[13:58] {magoo} i am thewre bro
[13:58] {Threei} don't exaggerate magoo... it's 4.99
[14:00] {bruce} cpla really jumpy
[14:00] {dino} ener again to 31
[14:00] {dino} thing is whacko
[14:00] {dino} u in bruce/
[14:01] {dino} ener s .88 sm risky
[14:05] {bruce} cpla - no - never saw an entry I liked
[14:06] {bruce} l akam .90 6 c stop
[14:09] {dino} ener bstop to .78
[14:09] {dino} stopped too tight
[14:10] {dino} rbcn bruce
[14:12] {magoo} back
[14:12] {Threei} you left?
[14:12] {magoo} sigh
[14:13] {bruce} rbcn god longpotential dino - don't know about entry at moment
[14:15] {dino} we missed it, was .98 when mentioned, chickened out
[14:16] {dino} spwr
[14:20] {bruce} k
[14:25] {magoo} BACK{again}
[14:27] {bruce} spwr doesn't seem to want to go long yet
[14:29] {bruce} stopped akam -.09 c
[14:32] {magoo} RIMM reports monday
[14:32] {magoo} i believeafter the close
[14:34] {dino} rbcn sm l .99
[14:35] {Threei} I show Wed SApr 2
[14:35] {Threei} for RIMM
[14:36] {magoo} oh..sorry..u right
[14:37] {GeoArb} vad dcc please
[14:44] {dino} rbcn spiked out .39, +.40
[14:44] {dino} strange, but i'll take it
[14:44] {bruce} saw that - big spike
[14:44] {bruce} you bet - thought you were gonna get rinsed on it
[14:45] {dino} was laying out, got lucky
[14:45] {bruce} tradinggods want you happy fprweekend
[14:46] {magoo} ROFLOL
[14:46] {magoo} dino
[14:46] {dino} it's all that good living i do
[14:50] {bruce} lol
[14:51] {bruce} I'm all for goode livin
[14:52] {bruce} that was prrobly mags making sacrifice to the gods when he spilled beer on shoulders yesterday
[14:52] {dino} lol
[14:54] {dino} maxm
[14:54] {dino} no mxim
[14:54] {dino} otcv forget it
[14:55] {bruce} haven't seen much strong retrace today dino
[14:55] {bruce} except apol - we missed that one
[14:57] {bruce} taking break
[14:58] {dino} hurn stop to .65, taking all day
[14:59] {bruce} yes - never broke - thought it had potential for big move
[15:00] {dino} out .68, +.14
[15:01] {dino} back in 10
[15:14] {dino} ener going to roll?
[15:15] {dino} fast drop mkt
[15:16] {dino} down 400 pts dji since monday, 3.2%
[15:28] {Threei} AKNS .46 long for bounce scalp if not losing .40 anymore
[15:28] {Threei} or if you are in the mood, just grab it here with stop right under .40 or under .35 for more solid techical idea
[15:30] {Threei} lo... .42 buyer with 3 cents stop took his 1:3 or what?
[15:30] {GeoArb} open .46
[15:30] {GeoArb} exit .53 thankjs
[15:30] {GeoArb} 100 only :(
[15:30] {dino} fmcn weak all day
[15:31] {Threei} people make profit and put :( to their reports
[15:31] {dino} missed ener
[15:31] {Threei} what does it take to make you happy guys? {G}
[15:31] {GeoArb} oh well thats true
[15:31] {GeoArb} its 5 bucks i didnt have
[15:31] {Threei} and it's not like you unloaded freght train for those 5 bucks
[15:31] {GeoArb} i was breaking stones in the sun !!!
[15:31] {Threei} hehe
[15:36] {bruce} back
[15:39] {Threei} 1:1 AKNS
[15:43] {dino} geo's tough vad, he wants curtis for excitment
[15:43] {Threei} ah
[15:43] {dino} now, i'm calling it a day, a little light but not bad, makes 14 straight
[15:43] {bruce} hmmm gu dino
[15:43] {GeoArb} lol
[15:43] {Threei} wtg dino
[15:43] {Threei} have a good weekend
[15:43] {magoo} pretty awesome dino
[15:44] {GeoArb} nice!
[15:44] {magoo} i done too...TY vad..had real good 4 days straight here
[15:44] {dino} just need to work on the average daily, still running around $500
[15:44] {GeoArb} made 50 cents today
[15:44] {GeoArb} thanks
[15:45] {dino} gj
[15:45] {Threei} 50 cents?
[15:45] {GeoArb} i count cents
[15:45] {Threei} as in real money or in terms of movement?
[15:45] {GeoArb} so as i do 100 shares
[15:45] {GeoArb} made 50
[15:45] {GeoArb} movement
[15:45] {Threei} OK :)
[15:45] {Threei} thought so but just for clarity sake...
[15:45] {GeoArb} sitting all day for 50 cents ... hmmmmm
[15:46] {Threei} and because I had not funny joke in case you said 50 cents overall
[15:46] {GeoArb} if i work traffic light maybe
[15:46] {magoo} i ave 787 last 4 days
[15:46] {magoo} $787
[15:46] {Threei} can't forgive myself for forgetting BLDP
[15:46] {magoo} TY vad
[15:46] {GeoArb} nice
[15:46] {Threei} welcome mags, great job
[15:47] {dino} gj magoo, keep it goin, 4 in a row
[15:49] {GeoArb} thanks guys.... learned a lot
[15:49] {GeoArb} have a great weekend
[15:49] {Threei} thank you all
[15:50] {Threei} have a great weekend, see you on Monday
[15:50] {dptl} have a good weekend all
[15:50] {dino} later all
[15:59] {Onix} Have a great weekend all

Thursday, March 27, 2008

Mar 27 2008

Session Time: Thu Mar 27 00:00:00 2008

[08:05] {Threei} SOLF
[08:05] {Threei} REPORTS Q4 $0.19 V 0.18E, R$135.3M V $109ME
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 366K V 370KE; CONTINUING CLAIMS: 2.845M V 2.885ME
[08:30] {Threei} *Q4 FINAL GDP PRICE INDEX: 2.4% V 2.7%E; CORE PCE Q/Q: 2.5% V 2.7%E
[08:31] {Threei} Q4 FINAL GDP ANNUALIZED: 0.6% V 0.6%E; PERSONAL CONSUMPTION: 2.3% V 1.9%E
[08:31] {magoo} morning
[08:31] {Threei} morning magoo
[08:32] {magoo} SOLF i see
[08:50] {hawkfan4} morning all
[08:51] {magoo} hawk :)
[08:52] {magoo} HURN? pounded 15
[08:53] {Threei} 07:05am [HURN] Guides Q1 EPS $0.50-0.57 v $0.68e, R $138-140M v $150.2Me
[08:53] {Threei} hawk :)
[08:53] {magoo} that deserves neg 16?
[08:53] {hawkfan4} mags, vad :)
[09:06] {dino} gm all
[09:06] {dino} ouch hurn
[09:08] {GeoArb} good morning
[09:09] {Threei} dino, geo :)
[09:14] {Onix} Good morning all
[09:14] {Threei} onix :)
[09:15] {magoo} vad, keep one of 3 eyes on hurn for a bounce
[09:15] {Threei} tough thing to do when all three are closed
[09:16] {magoo} thats why only want one
[09:16] {dptl} good morning all
[09:16] {Threei} SOLF solid resistance at 13
[09:16] {Threei} dp :)
[09:21] {Threei} 12.80 - 13 range SOLF
[09:22] {magoo} pretty good volume SOLF
[09:23] {Threei} RMBS has a conference call at some point today
[09:24] {ThurstonHowellTheThird} gm alll
[09:25] {Threei} thtt :)
[09:28] {magoo} SOLF near 40 3 months ago
[09:29] {cosmo} hmmm...that should be a good target...
[09:29] {Threei} no kidding
[09:29] {cosmo} 13 first tho
[09:30] {Threei} party pooper
[09:30] {cosmo} not me...
[09:31] {cosmo} pooper
[09:32] {Threei} FSLR and SPWR highs
[09:33] {Threei} JASO too... SOLF srtill trying to digest resistance
[09:34] {Threei} JASO .50 long if holding above .30
[09:34] {Threei} half lot
[09:35] {dino} hurn risky sm l 38.50
[09:36] {dino} too soon
[09:36] {Threei} SOLF .75 break long
[09:37] {Threei} stop under .60
[09:38] {Threei} half out .95
[09:38] {Threei} scalpers know what to do
[09:39] {GeoArb} wgat what?
[09:39] {Threei} lol
[09:39] {bruce} dump geo
[09:39] {Threei} 1/4 more out .15
[09:39] {magoo} out .09 TY vad
[09:39] {Threei} welcome
[09:40] {magoo} easy button
[09:40] {GeoArb} in 79 out 95 all TY
[09:40] {Threei} and he asked what a scalper to do
[09:40] {dino} out hurn 39.90, +1.40
[09:40] {GeoArb} only 100 shares so couldnt scale
[09:40] {Threei} wow dino
[09:40] {GeoArb} first day on IB with button trader real
[09:41] {dino} lucky
[09:41] {Threei} stop to .95 for last portion
[09:43] {magoo} jaso valid?
[09:43] {Threei} nah
[09:43] {bruce} congrats dino - v nice trade
[09:44] {dino} ty bruce
[09:45] {esemde} morning ...nice trade dino ....hurn
[09:45] {Threei} ese :)
[09:45] {esemde} morning Vad
[09:48] {dino} apol bruce
[09:50] {Threei} SOLF not done yet
[09:50] {Threei} overtightened stop for the last portion
[09:50] {magoo} SOLF frenzi-ish vad
[09:50] {dino} ty ese got lucky
[09:51] {bruce} watching it dino
[09:51] {magoo} w13 area a good reentry vad?
[09:51] {Threei} AKNS and ESLR are trying to follow SOLF
[09:51] {Threei} looks like mags
[09:52] {magoo} it has the "feel"
[09:52] {magoo} of 14
[09:52] {dino} fast fall mkts
[09:52] {bruce} eslr long candidate - would need to retace a bit
[09:52] {Threei} AKNS too
[09:52] {Threei} .70 break with .59 stop
[09:56] {dino} penn
[09:58] {bruce} l eslr .96 6 c stop
[09:59] {Threei} AKNS 1:1
[09:59] {Threei} me half out
[09:59] {dptl} out half ty
[10:00] {Threei} ESLR works too
[10:00] {Threei} *FEB HELP WANTED INDEX: 21 V 20E
- prior revised from 21 to 22
[10:01] {Threei} BLDP
[10:02] {Threei} NVDA
[10:02] {Threei} HEARING TAKEOVER CHATTER STARTING TO CIRCULATE- Samsung speculated as possbile suitor
[10:04] {Threei} boy... even HOKU ticking
[10:06] {magoo} near 14 coming SOLF
[10:11] {Threei} AKNS 1:2
[10:11] {Threei} 1/4 more out
[10:12] {bruce} eslr stop to 9 even
[10:13] {dptl} out i full .94 akns ty
[10:13] {esemde} Vad may I ask a question ......did you do a full lot on AKNS or more
[10:13] {Threei} a little bit more
[10:13] {Threei} not double
[10:13] {dino} uhal
[10:13] {Threei} welcome dp
[10:14] {Threei} stop was tight enough for double, but stock is a bit on a thin side
[10:14] {Threei} so I compromised
[10:14] {esemde} what makes you decide to go more than a full lot....
[10:14] {Threei} size of a stop is first consideration
[10:15] {Threei} since I have predetermined amount of what I am willing to lose on a trade
[10:15] {Threei} possible slippage is next
[10:15] {Threei} so I balance them in order to keep my risk within that max amount
[10:15] {Threei} nice ESLR
[10:15] {Threei} good job bruce
[10:15] {esemde} gottcha....
[10:16] {bruce} out eslr in full +.24 4 to 1 on risk
[10:16] {Threei} thing of beauty
[10:17] {dino} uhal sm s .86
[10:18] {bruce} thanx vad - focusing on trades that haqve good chance of better than 1 to 1
[10:19] {dino} gj bruce
[10:19] {Threei} tell me you read the articles I refered to yestereday, and I'll be a happy man for the day
[10:19] {dino} layn
[10:19] {bruce} thanx dino - small potatoes trade comparred to yours
[10:19] {Threei} done with AKNS
[10:20] {judijim} good morning everyone from jj
[10:20] {bruce} will read em today vadster
[10:20] {bruce} busy boy yesterday after market close
[10:20] {Threei} jj :)
[10:20] {Threei} ok bruce... then I'll be happy tomorrow
[10:20] {Chaeron} GM all... sorry I'm late
[10:21] {Threei} {--- laying guilt trip on bruce for posptponing my happiness
[10:21] {Threei} chaeron :)
[10:21] {dino} bruce, magoo laughs at me every day, always have some $30 wins
[10:21] {dino} they all add up
[10:21] {Threei} they do
[10:21] {Threei} I don't dismiss those
[10:22] {Threei} if I see very safe and very high odds trade for little money I grab it
[10:22] {bruce} get mags to donate yuu his 30s dino
[10:22] {dino} naz broke support 50 dma of 2310
[10:23] {dino} if i could only get him to bring the beer, lol
[10:24] {bruce} make it part of his exercise program
[10:25] {bruce} also - builds character to carry it w/out opening em
[10:26] {GeoArb} leh down on news
[10:26] {bruce} gold reversal dino?
[10:26] {Threei} HEARING RENEWED VAGUE NEGATIVE CHATTER- seeing large put volumes going through{
[10:27] {Threei} LEH
[10:27] {GeoArb} vague is that a big online broker has removed margin trading
[10:30] {dino} gold dk
[10:30] {Threei} RIMM .91 long if holding above .75
[10:30] {dino} margin requirementsc tightened a merc. today
[10:32] {Threei} out RIMM 29
[10:32] {Threei} +.29
[10:34] {bruce} nice one vad
[10:35] {bruce} hurn looks strong
[10:36] {bruce} good thing you played rimm quick vad!
[10:37] {Threei} and too bad I didn't go for shorting .75 breakdown
[10:37] {Threei} AAPL losing ground fast
[10:37] {Threei} bounce time
[10:40] {Threei} don't oversit if you went for AAPL
[10:44] {dino} sm l apol .35
[10:59] {Threei} ENER spike
[11:00] {Threei} SOLF long .94 stop
[11:01] {Chaeron} in SOLF.09
[11:01] {dino} partial cov uhal .46, +.40
[11:01] {magoo} me too
[11:01] {magoo} .09
[11:02] {Threei} stop to .99
[11:02] {Threei} 1:1
[11:03] {dino} remainder cov uhal .46, +.40
[11:06] {dino} spir?
[11:08] {Threei} no news... solar
[11:08] {dino} same
[11:09] {bruce} spir sure looks like short candiate dino
[11:10] {dino} though same, but no avail. stsmart
[11:12] {bruce} k
[11:12] {dino} fmcn?
[11:13] {bruce} I like fmcn long
[11:13] {dino} ditto
[11:14] {dino} waiting at .50
[11:14] {dino} rmbs smackdown
[11:17] {esemde} have a great day everyone....must be off.....way to busy theses days ...way to busy.
[11:18] {dino} fmcn l sm .57
[11:18] {judijim} thanks dino,quick scalp for +12 in 9 seconds
[11:18] {dino} np, what one?
[11:18] {judijim} on rmbs
[11:18] {bruce} gonna wait a bit on fmcn - I like it long but think it may retrace to 37.20 or so
[11:18] {dino} ok
[11:18] {Threei} take care ese
[11:18] {esemde} see ya vad
[11:18] {dino} sm, so wide fmcn
[11:18] {bruce} k
[11:19] {bruce} good chance it'll work
[11:19] {dino} later es
[11:19] {dino} ur right bruce
[11:22] {bruce} ljust a guess - happens a lot with those kind of stocks
[11:23] {bruce} forms obvious resistnace and retraces belwo to shake people out
[11:24] {bruce} obvious support rather
[11:27] {dino} cvco
[11:27] {dino} little kid rock cranking
[11:28] {magoo} and the beers flowing
[11:28] {bruce} lol
[11:28] {bruce} breakfast of champions mags
[11:29] {dino} no beer yet
[11:29] {dino} spir keeps going, good thing wasn't avail.
[11:32] {bruce} orcl scalp candidate on break of .50 looks like
[11:34] {magoo} whats your mkt thought here vad? up?
[11:34] {bruce} l fmcn .57 stop at .35
[11:35] {magoo} if SOLF takes .69 we get it still..risky of course
[11:36] {bruce} out fmcn full +.15
[11:36] {magoo} nice
[11:36] {magoo} magoo kicking SILF here
[11:36] {magoo} lol
[11:36] {magoo} SOLF
[11:37] {Threei} I am very flattered magoo... you believe I have thoughts
[11:38] {bruce} indeed - and very dark ones vadster
[11:38] {Threei} lol
[11:39] {bruce} you're not nicknamed darth vadster for nothing
[11:39] {bruce} thats for the newbies
[11:39] {Threei} maybe, but it doesn't make the very notion of me having thougts any less misguided
[11:39] {bruce} true
[11:40] {bruce} and here I was expecting a trout any second
[11:40] {Threei} you are safe because it would me thinking where I put it... and as we know, thinking is...
[11:42] {Threei} wow ESLR
[11:42] {Threei} it's been a good while since I've seen it moving like this
[11:43] {GeoArb} akns
[11:43] {bruce} yes - watched it run vad - didn't want to hold
[11:47] {Threei} SOLF broke your trigger mags
[11:47] {Chaeron} nice boy SOLF
[11:47] {magoo} 14 comith
[11:47] {magoo} in 09
[11:49] {magoo} oiut .89
[11:49] {magoo} TY vad
[11:49] {magoo} + something good
[11:50] {Chaeron} what happened to 14?? :)
[11:50] {magoo} pigs get slaughtered
[11:50] {Chaeron} you got +0.80 mags. dang nice
[11:50] {magoo} i had full lot
[11:50] {GeoArb} wooo
[11:50] {Chaeron} I had to do the math for you tho..
[11:51] {magoo} ill keep watching for next leg up..if IF
[11:51] {bruce} verynice one mags
[11:51] {bruce} congrats
[11:51] {magoo} vads call
[11:51] {Threei} fantastic job mags
[11:51] {magoo} u on today vad, thanx
[11:52] {Threei} welcome
[11:52] {Threei} assumption that solars should get carryover from yesterday helped
[11:52] {Threei} look at calls, almost all on solars
[11:52] {magoo} i'd like to see it pullbk to .50 area..hold well and power up
[11:53] {magoo} yup..the stocks de jour
[11:53] {Chaeron} wow... you said it and then it starts for .50
[11:53] {magoo} dark side chaer
[11:53] {Chaeron} yeah... "Come to the dark side.... we have cookies"
[11:54] {magoo} see how .91 turned it back...even when i call 14...i was laying out near there
[11:54] {magoo} orig layout was .94...saw it losing power, cut .89
[11:55] {dptl} same here mags...but i punch at .75
[11:56] {Chaeron} nice dptl
[11:56] {Threei} RMBS small shares short on .50 breakdown
[11:57] {Threei} tight stop, above .65
[11:57] {dptl} ty....what was your entry Magoo?on solf
[11:57] {Threei} you guys are bad
[12:02] {magoo} 11:01] {Threei} SOLF long .94 stop
[12:02] {magoo} [11:02] {Chaeron} in SOLF.09
[12:02] {magoo} [11:02] {dino} partial cov uhal .46
[12:02] {magoo} [11:02] {Chaeron} in SOLF.09[11:02] {magoo} me too
[12:02] {magoo} [11:02] {magoo} .09
[12:03] {GeoArb} rmbs still on?
[12:04] {Threei} yes
[12:04] {GeoArb} ty
[12:09] {GeoArb} now?
[12:09] {Threei} no
[12:09] {Threei} :)
[12:09] {GeoArb} :D
[12:12] {Chaeron} market powering up
[12:15] {magoo} RIMM long as close to 15 RISKY
[12:15] {magoo} needs mkt
[12:15] {bruce} l clwr 14.60 11 c stop
[12:16] {magoo} not in yet..fell as typed
[12:16] {magoo} it is hard vad to read mkt..make call..typeand enter sheesh
[12:16] {magoo} invalidated
[12:21] {dino} fmcn stop to .98
[12:22] {dino} out fmcn +.40
[12:22] {GeoArb} market alive?
[12:23] {dino} indeed
[12:23] {bruce} nice dino
[12:24] {judijim} Judi is off to the psychology world, jj have a early function Friday so no trading (:, back on Mon AM!
[12:24] {Threei} have a good weekend judi
[12:24] {bruce} bye judijim
[12:25] {Chaeron} oh hey.. forgot to thank you Vad... out 0.86 on that SOLF +.077
[12:25] {Chaeron} 0.77
[12:25] {Chaeron} many thanks again
[12:26] {Threei} I am not the only one with memory problems...
[12:26] {Threei} but welcome :)
[12:27] {dino} ty bruce you get it?
[12:33] {bruce} fmcn dino?
[12:33] {dino} y
[12:33] {bruce} I just took quick scalp in it
[12:33] {dino} gj
[12:34] {bruce} expected it to retrace to about .50 but didn't see it in time for second entry
[12:34] {dino} there will be others
[12:35] {bruce} you bet
[12:46] {magoo} .
[12:46] {magoo} .
[12:46] {Threei} what's your point mags?
[12:49] {magoo} well, i thought i was staring current. hit the dot and realized i was mid scroll he the pouint helped
[12:52] {bruce} ener dino
[12:53] {dino} apol stopped -.37
[12:57] {bruce} hurn tanking
[13:07] {dino} watching it
[13:07] {bruce} s ener 28.95 - 10 c stop
[13:13] {dino} abax
[13:13] {dino} nah
[13:13] {dino} brb
[13:15] {bruce} k
[13:19] {bruce} stopped clwr -10c
[13:29] {bruce} utiw strong
[13:30] {dino} hurn sm l .30 risky
[13:34] {dino} dwsn sm s .09
[13:36] {bruce} out ener short +.49
[13:38] {dino} gj
[13:38] {bruce} left lots on table - but almost 5 to 1 on risk so satisified w it
[13:39] {magoo} vad, u watching RIMM ?
[13:40] {Threei} usually yes
[13:41] {magoo} fess up..u got ouit to your shed and workout between noon and 2pm right he he
[13:41] {Threei} you overestimate my willingness to endure inconviniences... I prefer sleeping at my desk rather than on a treadmill
[13:42] * magoo slaps Laserdave1 around a bit with a large trout
[13:43] {magoo} duh.a lil help?!?
[13:44] * magoo slaps bruce around a bit with a large trout
[13:44] * magoo slaps Chaeron around a bit with a large trout
[13:44] * magoo slaps Threei around a bit with a large trout
[13:44] * magoo slaps patience around a bit with a large trout
[13:44] * magoo slaps Laserdave1 around a bit with a large trout
[13:45] {magoo} i feel like dr. nevill in "i am legend"
[13:45] {bruce} havne't seen the movie yet
[13:46] {bruce} what you think of it mags?
[13:46] {dino} more like dr. evil in austin powers
[13:46] {magoo} average
[13:46] {bruce} k
[13:46] {magoo} i like sci fi though
[13:47] {bruce} yes - dr evil magster and his cohort - the twisted Darth Vadster
[13:47] {bruce} death star probably going to circle into orbit any momnet now
[13:47] {magoo} starring dino as me
[13:48] {bruce} lol dino
[13:48] {bruce} laserdave can do princess leii
[13:49] {bruce} any read aapl herevad?
[13:49] {dino} magoo can be fat bastard
[13:49] {magoo} that DOES ITTTTTTTTTTTTT
[13:49] * magoo slaps dino around a bit with a large trout
[13:50] {bruce} lol - good one dino - but thought he was already?
[13:50] * bruce slaps magoo around a bit with a large trout
[13:50] {bruce} preemptive strike
[13:51] {dino} lol
[13:53] {dino} hurn stop to .70
[13:54] {magoo} IF IF mkt spikes upward like it has been...RIMM is a long
[13:55] {dino} to .95
[13:56] {dino} dwsn stopped .98,
[13:56] {dino} +.11
[13:57] {dino} hurn to .05
[13:57] {dino} out hurn .03, +.73
[13:57] {bruce} v nice dino
[13:57] {dino} ty
[13:57] {dino} brb
[13:58] {bruce} k
[13:58] {bruce} taking break her
[14:02] {dino} not her i hope
[14:02] {Threei} lol
[14:03] {Threei} LEH short as close to 39 as possible
[14:03] {Threei} if no bounce, short .69
[14:04] {Threei} with stop .81
[14:04] {dino} darn dwsn shook me out too soon
[14:06] {GeoArb} huh LEh not available to short in IB
[14:07] {dino} hmmm
[14:07] {Threei} stopped
[14:07] {Threei} RMBS
[14:08] {GeoArb} i guess good thing
[14:08] {GeoArb} :)
[14:08] {Threei} not really
[14:08] {Threei} remember your BSC short?
[14:08] {dino} rmbs, the lawsuit company, reminds me of amd
[14:08] {GeoArb} IB has been tigheting margins too
[14:08] {GeoArb} now that i did on laser :D
[14:09] {dino} ibkr
[14:09] {Threei} now imagine you don't have shares to short and watch it dropping multipints
[14:09] {GeoArb} yeah IB seems more and more like a non scalping broker
[14:09] {Threei} never was
[14:10] {GeoArb} i think ill keep it as backup
[14:10] {GeoArb} its just with laser i cant get distracted
[14:10] {GeoArb} a serious impediment at work :D
[14:10] {Threei} sorry, don't understand
[14:10] {GeoArb} as in laser its better to do stops manually
[14:11] {GeoArb} i have to keep watching a position
[14:11] {GeoArb} not good when boss walks in
[14:11] {Threei} you had problems with stops?
[14:11] {GeoArb} button with IB sends brackt target and stop with open
[14:11] {GeoArb} in laser its a separate task
[14:11] {GeoArb} so i prefer manual in laser
[14:11] {GeoArb} so more involved
[14:12] {GeoArb} but laser is much much much faster
[14:13] {dino} calm
[14:13] {GeoArb} as button with IB automaticall trows out stop and target i can do other work too.... doesnt work for fast scalps thoug
[14:13] {GeoArb} i gotta page laserdave and eat crow
[14:14] {Threei} you still have to enter your stop and target?
[14:14] {Threei} or it's predefined somehow?
[14:14] {GeoArb} in button its predefined with IB
[14:14] {Threei} wow
[14:14] {GeoArb} a percentage of margin
[14:14] {Threei} no way
[14:14] {GeoArb} yeah
[14:14] {Threei} that's a wrong way to do it
[14:15] {GeoArb} or you can choose ticks
[14:15] {GeoArb} or money
[14:15] {Threei} all are wrong
[14:15] {GeoArb} ??
[14:15] {Threei} what is it that defines your stop?
[14:15] {GeoArb} once its in i click the right price and it automatically adjusts
[14:16] {GeoArb} so its always wider than your and then i click twice to narrow it to yours
[14:16] {Threei} what do yuo need to use in order to find the right place for a stop?
[14:16] {GeoArb} i know :( supp /res
[14:16] {GeoArb} all this does is throw disaster stop out..... then i click and adjust
[14:16] {Threei} so what do all those parameters have with it?
[14:16] {GeoArb} meaning?
[14:16] {Threei} have to do
[14:17] {Threei} in each particular case it's a certain price level
[14:17] {Threei} it's not defined by %
[14:17] {Threei} or money
[14:17] {Threei} or amount of clicks
[14:17] {GeoArb} yes i agree
[14:17] {Threei} and if you need to enter price manually
[14:17] {GeoArb} the concept of manually doing it vs automatic protection when you are at work is what i am getting at
[14:17] {Threei} it's the same as with laser
[14:18] {Threei} so why sacrifice the most xrucial element, speed
[14:18] {GeoArb} maybe i am doing it wrong in lasr
[14:18] {GeoArb} OMS
[14:18] {Threei} I don't know how it's a hassle... click, enter prices, click
[14:19] {GeoArb} hmmmmmm.... (ill do reasearch and come back)
[14:19] {Threei} whatever you come up with,
[14:19] {Threei} don't confuse the convinience with correct way to trade
[14:19] {GeoArb} ok
[14:20] {GeoArb} TY
[14:20] {Threei} sure
[14:21] {Threei} I hate those useless features slapped on by brokers to create "bells and wistles"... trailing stops that trail by the wrong principle... brackets that have nothing to do with market movement
[14:22] {Threei} it's like GPS with great MP3/audiobooks playback, currency converters,
[14:22] {Threei} world clock
[14:22] {GeoArb} hehehe
[14:22] {Threei} and whatnot
[14:23] {Threei} just one little problem... it's doing lousy work at routing
[14:28] {magoo} like freaking cell phones...take vidoe games..access internet..text..ect.. i just want a phone which gets service where i am at
[14:30] {Threei} yeah, and connection is lousy - even though you need to be a computer geek to use all its features
[14:32] {magoo} long rimm now .75
[14:32] {magoo} small
[14:35] {dino} sm l calm .76
[14:37] {magoo} out .15 ghere
[14:37] {magoo} + what ?
[14:38] {Threei} who knows
[14:40] {magoo} + .67 ?
[14:40] {magoo} nah, thats not it
[14:40] {magoo} + ..54? nope
[14:40] {dino} bmti
[14:41] {magoo} ahh...+ .40
[14:45] {dino} ouch bmti
[14:51] {dino} no opinions on it i see
[14:52] {dino} waiting sm 10.60
[14:54] {dino} l .50
[14:54] {dino} out .90, +.40
[14:55] {dino} tap, tap, this on?
[14:55] {Threei} gosh
[14:56] {dino} que?
[14:56] {Threei} what's with theneed to wake people up
[14:56] {dino} just trying to make a buck
[14:56] {GeoArb} huh?
[14:56] {dino} figured bruce would be on it
[14:56] {GeoArb} chilli cheese fries
[14:57] {dino} making me hungry, pepperoni and cheese again
[14:58] {dino} bmti, glad i sold
[14:59] {dino} -6\
[15:00] {magoo} hmmmmmmmmm
[15:00] {dino} q is, will 8.51 hold
[15:02] {dino} guess so, 2 bucks up off low
[15:02] {dino} ok, gotta hop, back in 10
[15:12] {Threei} BMTI
[15:12] {Threei} HEARING VAGUE CHATTER ATTRIBUTING WEAKNESS TO POSSIBLE LINK TO FDA'S SCRUTINY OF JNJ GEL- Reminder: 1:19: FDA conducting safety review of Regranex gel over possible cancer risk
[15:12] {dino} sm l .00
[15:13] {dino} stopped
[15:13] {dino} -.35
[15:14] {dino} rinsed
[15:15] {dino} .00 last try
[15:16] {dino} out .40, +.40
[15:17] {dino} may be some truth to it
[15:17] {dino} drops again
[15:21] {Threei} best thing now would be quick denial by company
[15:21] {Threei} I would buy triple :)
[15:21] {Threei} frikin LEH rinsed us
[15:21] {Threei} look at its drop
[15:22] {Threei} I can see JPM buying it tomorrow for $2.50
[15:22] {dino} dwsn to me, should've had a buck
[15:23] {Threei} btw magoo... changing a cellphone a while ago I asked them whether they have a model WITHOUT photocamera
[15:23] {Threei} you should see the look I got
[15:23] {Threei} BMTI
[15:23] {Threei} ummm
[15:23] {Threei} not convinced
[15:26] {magoo} cut in half
[15:26] {dino} falling again
[15:26] {dino} think i'm done w/it
[15:26] {magoo} man, u ain't safe with a 15 dollar stock these days
[15:26] {magoo} heck..BSC..
[15:29] {Threei} need to lose 7 probably for another round of panic
[15:31] {Threei} here we go
[15:31] {Threei} cruel and unusual punishment
[15:33] {magoo} relentless selling on bad news
[15:33] {Threei} or even hint of it
[15:35] {Threei} 7 be lost
[15:35] {Threei} come on
[15:35] {GeoArb} is that an entry? :)
[15:35] {Threei} 6.20 is :)
[15:36] {Threei} there
[15:36] {Threei} sheer panic
[15:37] {Threei} 6.20 maybe too high
[15:37] {dino} waiting .01
[15:37] {Threei} real .01, no whole number?
[15:37] {dino} dji lod
[15:38] {dino} y
[15:38] {magoo} vad..u been sh scalpin it?
[15:38] {Threei} eralier once
[15:38] {dino} not going to get there
[15:38] {Threei} not touching for now
[15:39] {dino} thing is cut in half
[15:39] {magoo} me neither..had good day and tied of blowing it on someything like that
[15:39] {Threei} selling pressure won't let go
[15:39] {magoo} tied=tired
[15:39] {Threei} yeah, it's a coin toss
[15:39] {Threei} if copany came out and said we have nothing to do with that, would be different story
[15:40] {Threei} tomorrow we would learn they lied of course
[15:40] {magoo} would have been fun to watch curtis whale on it though..too bad
[15:40] {Threei} but today's bounce would be great
[15:40] {dino} lol magoo
[15:40] {dino} cx bmti order
[15:40] {dino} mako
[15:41] {dino} gappy
[15:41] {magoo} i heard last week that Scottrade had a major system shutdown..some crazy daytrader overloaded it with multiple orders
[15:41] {bruce} back
[15:42] {bruce} and gthe y havena't identified you yet matgs?
[15:43] {dino} here comes 6
[15:43] {magoo} or curtis found out the stox we play aren't marginable at scott...3.6785 margin call
[15:44] {magoo} million
[15:44] {magoo} u outta get one of those lol
[15:46] {dino} calm crushed
[15:46] {dino} no news
[15:50] {bruce} we need to watch that one for market open tomorrow dino
[15:50] {Threei} MBTI new low... wow
[15:50] {Threei} BMTI
[15:51] {bruce} micc and gold look like reversal candidates
[15:51] {dino} thinking the same
[15:51] {dino} seems too easy to be just gap fill
[15:53] {bruce} apol too
[15:54] {dino} dji -2.5% in 3 days
[15:54] {Threei} Ok guys, thank you all
[15:54] {Threei} very nice day
[15:54] {GeoArb} thanks vad
[15:54] {GeoArb} bye
[15:54] {Threei} 1 little stop
[15:54] {Threei} I can live with it
[15:54] {Threei} have a good evening
[15:54] {Threei} see you tomorrow
[15:55] {dino} 2 here
[15:55] {dino} good day, thx all
[15:55] {bruce} you did well dino - bet you are over daily average
[15:56] {dptl} have a good evening all
[15:56] {bruce} niht dp
[15:56] {dino} finally
[15:56] {magoo} ty all ty vad
[15:58] {bruce} lots of stuff out there for your trading style these days dino- just have to be careful with all the whipsaws
[15:58] {dino} almost a buck off calm low
[15:58] {bruce} night mags
[15:58] {dino} it's working bruce, just average is a bit low, but 14 days in row positive
[15:59] {bruce} great
[16:00] {dino} ty, a bit of luck
[16:00] {bruce} I need to get to a track record like that
[16:00] {bruce} not luck thats for sure
[16:04] {dino} vad taught me, the key is to not go negative
[16:05] {bruce} yeah - negative accounts suck
[16:18] {dino} later all

Wednesday, March 26, 2008

Mar 26 2008

Session Time: Wed Mar 26 00:00:00 2008

[08:02] {Threei} CSUN
[08:02] {Threei} REPORTS Q4 -$0.06 V -$0.10E, R $71.5M V $61.0ME
- Guides Q1 GM's at 7.5-8.5%, guides Q1 Production at 65-85MW.
[08:02] {Threei} - Guides FY08 production at 125-145MW.
[08:02] {Threei} - Q4 Production 22.3MW.
[08:30] {Threei} *FEB DURABLE GOODS ORDERS: -1.7% V 0.7%E; EX-TRANSPORTATION: % V -0.3%E
[08:30] {Threei} EX-TRANSPORTATION: -2.6% V -0.3%E
- Prior Durables revised from -5.3% to -4.7%
[08:30] {Threei} - Prior Ex-Transportation revised from -1.6% to -1%
[08:32] {magoo} morning
[08:32] {Threei} morning magoo
[08:33] {magoo} hi vad:)
[08:51] {esemde} good morning.....
[08:52] {magoo} coin moving vad
[08:53] {Threei} morning ese, you got my e-mail?
[08:53] {Threei} no news on COIN
[08:53] {Threei} SEED news is questionable
[08:54] {esemde} hi vad not yet....i'll check.....I went on email withdrawl for a few days before going back to work again today
[08:54] {Threei} [SEED] Origen Agritech Ltd. Reports Q1 -$0.09 v -$0.17 y/y, R $3.61M v $2.47M y/y
[08:54] {Threei} - Reaffirms FY08 sales $75-80M.
[08:54] {Threei} oh, I see... found answer to a question you asked a few days ago, sent it to you :)
[08:54] {Onix} Good morning all
[08:54] {Threei} onix :)
[08:56] {esemde} ah....thankyou very much Vad for looking into the MA gonna look into what it says
[08:56] {Threei} :)
[08:57] {Threei} 11 is yesterday's high COIN
[09:00] {bruce} lulu looks to have potential for break north today
[09:01] {Threei} QTWW
[09:01] {GeoArb} gm
[09:01] {Threei} 31.35 would be long trigger bruce
[09:01] {Threei} Geo :)
[09:02] {bruce} thanks vad- not much on t &s yet
[09:02] {bruce} see what happens on open
[09:03] {Threei} yeah, premarket spread on it is not very conducive for early trading :)
[09:03] {Threei} SOLF is touching yesterday's high
[09:05] {dptl} good morning all
[09:05] {Threei} dp :)
[09:05] {Threei} COIN looks determined
[09:05] {Threei} looking for pullback entry
[09:06] {Threei} market is lukewarm so far
[09:06] {Threei} but with horrible durable goods numbers it's holding very well
[09:06] {Threei} so maybe another counter-common-sense rally is its intention
[09:06] {dino} gm all
[09:07] {Threei} dino :)
[09:07] {dino} :)
[09:22] {ThurstonHowellTheThird} gm all
[09:22] {Threei} thtt :)
[09:24] {cosmo} COIN is a tossup...
[09:25] {cosmo} CLWR @ pre mkt high = 16 fwiw
[09:26] {cosmo} hmmm
[09:26] {cosmo} 17.50 spike
[09:27] {Threei} SOLF is trying
[09:28] {magoo} been tough trader lately
[09:28] {Threei} typical pullback stock
[09:28] {Threei} most of breakouts on it kill a buyer with reasonable stop
[09:29] {Threei} same for COIN, SEED, most solars
[09:29] {bruce} I like solf long -would be nice to see more volume
[09:32] {lumdus} good morning all.
[09:32] {Threei} lum :)
[09:32] {magoo} lum:)
[09:33] {esemde} BRCM...watching for pullback
[09:33] {bruce} celg along vad?
[09:34] {bruce} forget it - lost .40 suppoprt
[09:34] {Threei} yeah
[09:34] {magoo} was stalking cOIN but missed entry
[09:35] {bruce} brcm has potential ese
[09:36] {magoo} sharp RIMM fall vad
[09:36] {Threei} market retreat is holding them all back for now
[09:36] {Threei} feels to me like we are bound to reverse and jump up
[09:36] {Threei} but let's wait for confirmation
[09:36] {Threei} if it comes, nice rally will be in order
[09:37] {Threei} COIN pullback to support
[09:38] {Threei} if you got it closer to 11, stop is just under it
[09:38] {Threei} and look to partial out or exit on a spike over .40
[09:39] {esemde} BRCM long .18
[09:39] {esemde} 1/2 lot
[09:39] {Threei} stop under .10 BRCM for scalpers, under 19 for sane ones
[09:40] {dino} titn again
[09:40] {Threei} nice spike NQ, now little retreat and break of 1825 should set rally in motion
[09:41] {Threei} see SOLF pullback?
[09:41] {Threei} beyond what normal trader can stopmach
[09:41] {esemde} out BRCM .34
[09:41] {esemde} +.16
[09:41] {Threei} wtg
[09:42] {esemde} should have full lot
[09:42] {Threei} RIMM long on a first sign of NQ strength
[09:42] {esemde} that was a dino play.....don't normally try that
[09:43] {Threei} if loses .70, wait for deeper pullback
[09:43] {Threei} shouldn't though
[09:43] {dino} gj es
[09:44] {Threei} 1820 - 1825 is not NQ defining range
[09:44] {esemde} tks
[09:44] {Threei} anyone got RIMM, let me know
[09:45] {magoo} out RIMM here .88 TY vad
[09:45] {magoo} couldn't post entry
[09:45] {Threei} beautiful
[09:45] {magoo} took .40
[09:45] {Threei} should pull back now
[09:46] {dino} s c .60, stop .87
[09:46] {magoo} i just laid it out there:)
[09:47] {Threei} wow, not much of a pullback
[09:48] {magoo} RIMM dishes out scalpers regrett on a regular basis
[09:48] {Threei} COIN long here
[09:48] {Threei} stop under .60
[09:49] {magoo} in coin.85
[09:50] {Threei} market lost support, hard to tell what's next for now
[09:50] {magoo} should i bail it?'
[09:50] {Threei} why?
[09:50] {Threei} stop is in place
[09:50] {magoo} [09:50] {Threei} market lost support, hard to tell what's next for now
[09:51] {Threei} taken position is being played by its logical structure
[09:52] {Threei} this general comment is for the next possible move
[09:52] {magoo} k
[09:52] {Threei} break of 11 should bering a spike to exit into
[09:53] {Threei} stop to .65 meanwhile
[09:57] {Threei} here we go
[09:57] {magoo} out .17 TY boss
[09:57] {Threei} welcome sir
[09:57] {magoo} plus something good
[09:58] {ThurstonHowellTheThird} out +.29 ty
[09:58] {Threei} :)
[09:59] {dino} c bstop to b/e
[10:00] {Threei} FEB NEW HOME SALES: 590 V 578KE
[10:00] {bruce} sti dino
[10:01] {Threei} don't get tempted by COIN break
[10:01] {Threei} risk is enormous
[10:02] {dino} stopped c .50, +.10
[10:02] {Threei} if you feel enticed, just think of how original buyer of first morning break at .20-.25 felt on a drop to 10.66
[10:02] {magoo} i felt lousy he he
[10:03] * Threei slaps magoo around a bit with a large trout
[10:03] {Chaeron} trouts already flyin'... yep, I'm in the right room... GM all
[10:03] {Threei} did that make you feel beter?
[10:03] * magoo slaps Chaeron around a bit with a large trout
[10:04] {Threei} hi chaeron :)
[10:04] {magoo} oh yeah:)
[10:04] {Chaeron} :)
[10:05] {Threei} JASO
[10:05] {Threei} small shares .50 break long
[10:05] {Threei} stop under .30
[10:06] {Threei} set limit .55, do NOT buy until .50 melts down
[10:07] {Threei} that was a warning for overly aggressive ones who know who they are
[10:07] {magoo} ggggrrrrrrrrrrrr
[10:07] * Threei slaps magoo around a bit with a large trout
[10:07] {Threei} see that offer by INET at .50?
[10:07] {magoo} yup
[10:08] {Threei} that's what we want to see getting taken out before we jump in
[10:08] {Chaeron} and EDGX too
[10:08] {magoo} its real
[10:09] {Threei} yes
[10:09] {Threei} very good
[10:09] {Threei} if it chews through we have valid play
[10:09] {Threei} see how sellers undercut it?
[10:10] {magoo} yes..this is text book vad
[10:10] {magoo} should be videoing it
[10:10] {dino} fmcn l .50
[10:11] {Threei} can't... finhger on a trigger each time as .50 is an offer :)
[10:11] {magoo} have your cat put paw on buy..
[10:11] {Threei} and I think I have a video in scalping course on fine-tuuning entry by level 2
[10:12] {Threei} yup
[10:12] {bruce} fmcn stop .09 or so?
[10:12] {Threei} while it retreated a reminder for entry technique for this kind:
[10:12] {Threei} as your trigger becomes an offer and you feel it may scroll very fast
[10:12] {Threei} point cursor at buy,
[10:12] {Threei} depress let button,
[10:13] {Threei} keep it depressd,
[10:13] {Threei} let go if entry triggers
[10:13] {Threei} if no trigger, move cursor away, then let go
[10:13] {magoo} thats pretty advanced..lets see curtis try that in scottrade he he
[10:13] {Threei} make sure cursor is NOT pointing at Buy button when you let mouse button go
[10:13] {GeoArb} no hotkeys users here?
[10:13] {Threei} there are
[10:14] {magoo} nah..i mouse
[10:14] {magoo} u mouse vad?
[10:14] {Threei} it's just that hotkeys don't require any special technique
[10:14] {dptl} i use hot keys
[10:14] {Threei} so I recite this for mouse users
[10:14] {GeoArb} dptl !!
[10:14] {magoo} u mouse user vad?
[10:14] {Threei} yes
[10:14] {GeoArb} i have iflamed shoulder from too much mousing at work
[10:14] {magoo} me three, er, um two i mean
[10:15] {Threei} mostly... I have hotkeys configured but blocked them with cat in the house, lol
[10:15] {Threei} with markety help COIN is 12 bound today
[10:16] {magoo} where to grab it tho? pullbk i guress
[10:18] {Threei} closer to .20 would be much more safety
[10:18] {Threei} and closer to 11 is no-brain entry - under two conditions:
[10:18] {Threei} 1. market is not dropping like tomorrow would never come,
[10:19] {Threei} and 2. COIN drops in it sharply enouigh to constitute capitulatory type of selling
[10:19] {dino} fmcn stopped
[10:19] {bruce} yeah dino
[10:19] {bruce} nasty
[10:20] {Threei} AAPL happiness
[10:20] {dino} apol s .10 sm
[10:21] {bruce} an aapl a day keeps the headaches in play
[10:21] {Threei} RMBS doesn't pay much attention to market pullbacks
[10:21] {Threei} ROFL bruce
[10:24] {bruce} apol looks like possible pullback long to me here dino
[10:25] {bruce} any read penn long here vad?- volatile puppy
[10:28] {dino} apol bstop to b/e
[10:29] {dino} penn q's about buyout financing fwiw
[10:29] {Threei} I would take .50 break bruce
[10:30] {Threei} small shares, volatity is not for faint heart on it
[10:30] {bruce} k vad - looks to bre firming up
[10:30] {magoo} penn or apol vad?
[10:30] {Threei} PENN
[10:30] {bruce} understood
[10:30] {Threei} DOE CRUDE: +88K V +1.8ME;
[10:30] {bruce} wheres lum? he should bed all ovrerit
[10:30] {Threei} GASOLINE: +62K V -1ME; DISTILLATES: V -1.6ME;
[10:31] {Threei} DISTILLATES: 111K V -1.6ME; UTILIZATION: 82.2% V 84.3%E
[10:32] {dino} lod dji
[10:32] {Threei} market no likey numbers
[10:32] {judijim} The market was already busy, good morning we are ready to go:)
[10:32] {Threei} hi jj
[10:32] {Threei} missed couple early plays
[10:33] {Threei} COIN is back to 11, watching
[10:34] {Threei} PENN holding well
[10:34] {dino} cov apol .70, +.40
[10:36] {Threei} VLNC next leg up
[10:36] {Threei} oblivious to market drop
[10:38] {dino} chic l .03, stop .87
[10:39] {bruce} yes - watching penn - it triggered but not in yet
[10:43] {magoo} it pulls hard..not in
[10:45] {bruce} big win apol for you dino - copngrats
[10:46] {judijim} watching JASO for short?
[10:47] {Threei} with .21 stop, valid play
[10:48] {Threei} .08 trigger
[10:49] {Threei} RIMM .31 long
[10:49] {Threei} if holding above .10
[10:50] {magoo} too fast
[10:51] {Threei} got .30
[10:51] {magoo} nice
[10:51] {dino} out chic .29, +.27
[10:51] {dino} .26
[10:52] {GeoArb} got 42 cents rimm
[10:53] {Threei} wtg
[10:53] {GeoArb} jaso 5 cents ;)
[10:53] {Threei} out .75 RIMM
[10:53] {Threei} outdid Geo by 3 cents {G}
[10:54] {Threei} and RIMM outdid both of us, lol
[10:55] {GeoArb} heh
[10:55] {dino} sm l apol .20
[10:57] {dino} l de sm .20
[10:57] {Chaeron} stopped JASO and missed RIMM *sigh*
[10:57] {judijim} out rimm +.30, need more experience to stay longer
[10:59] {GeoArb} dptl dcc please
[11:01] {magoo} i can't believe i missed rimm entry also...SIGH
[11:01] {lumdus} me also missed. fell asleep.
[11:01] {lumdus} just not up enough to make trades today.
[11:01] * Chaeron tosses magoo a beer...
[11:02] {lumdus} chaeron get me some wake up pills.
[11:02] {Chaeron} go workout for a bit or walk or jog lum... you'll feel better
[11:04] {dino} de stopped -.40 sm
[11:06] {Threei} last time VLNC was at these levels was 4 years ago
[11:06] {magoo} u in it?
[11:06] {Threei} swing trade from several days ago
[11:06] {hawkfan4} still in too
[11:07] {Threei} CREE takeover rumors
- IBM rumored as potential acquirer
[11:08] {Threei} - Hearing chatter originating from online periodica
[11:09] {Threei} since when "online periodicals" have so much credibility
[11:09] {judijim} watching rimm for 118 long?
[11:10] {bruce} sti looks like possible long here dino
[11:10] {Threei} if holding above .75 jj, yes
[11:10] {dino} cree
[11:11] {bruce} l penn here .49 10 c stop
[11:12] {magoo} surprised not avail short CREE
[11:13] {dino} me too
[11:14] {dptl} out penn +.30 ty Bruce
[11:14] {dino} gj
[11:16] {bruce} all out penn +.48
[11:16] {dptl} nice
[11:16] {Threei} wtg guys
[11:16] {magoo} nice
[11:17] {bruce} welcome dp - glad it worked
[11:17] {dino} gj
[11:17] {Threei} no worky RIMM
[11:17] {bruce} thanx dino
[11:21] {Threei} let's break that .75 VLNC
[11:21] {Threei} it acts as if it expected some piece of news to come out soon
[11:23] {Threei} last news I see:
[11:23] {Threei} 03/11/08 09:12am [VLNC] Boosting manufacturing capacity to $50M/Q from $30M/Q - updatemore
[11:24] {Threei} ugh
[11:25] {Threei} I missed another COIN run off the same bottom as first time
[11:25] {Threei} anyone watched it and got it?
[11:25] {magoo} i missed..was on trigger @ .90
[11:25] {hawkfan4} yes vad, in .97, out .24
[11:25] {Threei} :)
[11:26] * Threei hands his entry button to hawkfan
[11:26] {hawkfan4} lol :)
[11:27] {Threei} hmmm...there is piece of news on it that I don't have on my wires:
[11:28] {Threei} 3/26 9:02AM *DJ Valence Tech In Pact To Develop Lithium-Phosphate Battery Pack
[11:28] {Threei} Valence and Securaplane Ink Exclusive Memorandum of Understanding AUSTIN, Texas--(Business Wire)--Mar 26, 2008
[11:29] {hawkfan4} jaso
[11:30] {Threei} ate through that offer
[11:35] {Threei} solar push across the board
[11:35] {Threei} JASO, CSIQ, SOLF, EMKR... even DSTI
[11:36] {Threei} ASTI too
[11:37] {Threei} what the heck is TOPSD?
[11:37] {Threei} never heard of this symbol, and don't have it recognized by news system
[11:40] {dino} athn drop
[11:47] {dino} top shipsoil, gas, etc
[11:49] {dino} cpla l .62
[11:55] {dptl} rmbs any news?
[11:56] {Chaeron} none I see
[11:56] {Chaeron} since 3/10
[11:56] {dptl} ty.....Chaeron
[11:59] {bruce} vtiv on radar onw dino
[12:00] {dino} out apol .60, +.40
[12:01] {bruce} rimmsky possible short - any read vad?
[12:01] {dino} ok
[12:01] {dino} vtiv
[12:01] {bruce} nice one dino
[12:01] {Threei} not sure bruce
[12:01] {bruce} k - thanx vad -
[12:02] {bruce} you played apol like maestro today dino
[12:02] {dino} lol
[12:02] {dino} bottoms around .16 fwiw
[12:05] {Threei} 10:09am US Senators requesting details of BSC sales agreement
[12:07] {dino} like they would understand 19 words of it
[12:08] {Chaeron} I thought the same thing but was afraid to post dino :)
[12:08] {Threei} lol
[12:08] {dino} chaeron, you've got to live a little
[12:08] {dino} missed vtiv sw
[12:11] * bruce slaps dino around a bit with a large trout
[12:11] {bruce} lol - was waiting for your read on it
[12:12] {dino} missed at .26
[12:12] {bruce} k- figured it was geting close - but not sure where to short taht one
[12:13] {dino} apol?
[12:13] {dino} hit .16
[12:13] {dino} might go lower
[12:13] {dino} feels like it will
[12:14] {bruce} yes - thats my feel for apol dino - still down
[12:14] {dino} waiting at .70 sm
[12:15] {bruce} wouldn'tshort here though - toomuch support
[12:15] {dino} i'm waiting to buy
[12:15] {dino} cpla stop to .48
[12:16] {bruce} drat rimmsky - shoulda coulda taken the short
[12:17] {dino} you sound like dick dastardly
[12:17] {dino} cpla stopped slipped to .42 -.20
[12:18] {bruce} yeah- except meaner
[12:18] {bruce} and uglier
[12:18] {bruce} don't know how you got that first apol short - I couldn't read it at your entry
[12:19] {dino} felt it, thats all. not complicated
[12:19] {bruce} k
[12:20] {bruce} add teso to watch dino
[12:21] {GeoArb} hi bruce, do you use intelliscan?
[12:21] {bruce} may be close to top
[12:21] {bruce} no geo
[12:21] {bruce} too stupid forthat
[12:21] {GeoArb} ok heh
[12:21] {bruce} \I just have watch ilists I cyle through
[12:22] {dino} teso was on my watch earlier
[12:23] {GeoArb} thnks
[12:23] {dino} teso s .37, stop .53
[12:23] {bruce} lulu looks like possible lng reversal her
[12:24] {dino} teso too soon
[12:24] {bruce} I have feeling teso will go just a tad higher dino
[12:24] {magoo} u taking any of these trades bruce?
[12:25] {magoo} i liked that RIMM shortv earlier off 17.80 but no take
[12:25] {GeoArb} off to work see you all later
[12:25] {dptl} o...dcc me tomorro Geo
[12:25] {bruce} which trades mags =- passed on rimm
[12:27] {bruce} traded penn sti fmcn
[12:27] {dino} l apol .05
[12:30] {dino} teso stopped .52 -.15
[12:43] {bruce} trying teso short here now dino
[12:44] {esemde} off to work all...have a great rest of the day.....
[12:44] {magoo} bye es
[12:44] {dptl} :)Bruce
[12:45] {esemde} see ya mags
[12:45] {Threei} take care ese
[12:45] {dptl} out lulu +.24 ty Bruce
[12:45] {bruce} congrats dp
[12:45] {dptl} did you get that too?
[12:46] {bruce} shoulda - switched to looking at apoland missed my entry target
[12:53] {dino} bruce makes everybody $
[12:55] {bruce} thanx dino - thought I was just the entertainment
[12:55] {bruce} getting better at making picks I think
[12:56] {Threei} clearly... and they were not too shabby to begin with
[12:56] {dptl} nice job Bruce
[12:56] {Threei} need better follo-up on your own part, I see you missing your own calls way too often
[12:57] {bruce} need more confidnence in what I see vad
[12:57] {bruce} make lost of mistakes
[12:58] {magoo} how u know vad..u been sleeping
[12:58] {Threei} i think so bruce, feels like confidence is the most importsnt issue
[12:58] {Threei} magoo... how is it a contradiction??
[12:59] {Threei} i am functioning in my sleep for years
[12:59] {dino} definitely bruce, i trade 2 or 3 of yours a day
[12:59] {Threei} just occasinally running red lights... not mote than 5 times per trip
[12:59] {Threei} mote = more
[13:00] {bruce} I know dino - you can read the extremes better than me
[13:00] {bruce} I can see the play but have trouble3 picking right enrty and get stopped a lot
[13:01] {bruce} getting better though
[13:04] {dino} you are, i see it, as well as magoo
[13:06] {magoo} AAPL high vad
[13:07] {bruce} thanx for vote of confidence dino
[13:07] {bruce} lookingat aapl to mags
[13:08] {bruce} tricky stock
[13:09] {bruce} l aapl .25 25c stop
[13:13] {dino} chic l .28, stop .08
[13:14] {bruce} out aapl in full +.49
[13:14] {Threei} perfect
[13:14] {Threei} booked 1:2
[13:14] {dptl} gj
[13:14] {bruce} lucky - but thanx vad
[13:14] {judijim} wgt
[13:14] {Threei} confidence boostrer
[13:14] {judijim} wgt = wtg
[13:15] {bruce} thanx judijim
[13:15] * bruce slaps magoo around a bit with a large trout
[13:16] {bruce} thats for not taking the trade w me
[13:18] {dino} apol stop to .45
[13:18] {Threei} bruce... you reading psychology seriesa on the blog?
[13:18] {dino} out +.40
[13:19] {Threei} frikkin COIN...
[13:23] {Threei} bruce?
[13:27] {bruce} sorry
[13:27] {bruce} phone
[13:27] {Threei} oh, I will tell my staff prankster to leave you alone
[13:28] {Threei} sorry
[13:32] {dptl} syna
[13:32] {dino} missed a major move athn
[13:33] {dino} ouch syna
[13:39] {dino} sm l .71, careful, wide
[13:39] {bruce} back - long call
[13:40] {bruce} nope - haven't read psych series vad - yet
[13:40] {bruce} will do though
[13:40] {Threei} I had to literally pry the phone out of prankster's hands
[13:40] {Threei} he had too much fun
[13:40] {bruce} lol
[13:40] {GeoArb} back
[13:40] {Threei}
[13:40] {Threei}
[13:40] {Threei}
[13:40] {Threei} two more to follow
[13:41] {Threei} and come on guys... who am I writing it all for?
[13:41] {bruce} your cat?
[13:41] {Threei} trout?
[13:42] {bruce} with reek clots?
[13:42] {Threei} lol
[13:44] {Threei} and if you think my cat can't read:
[13:44] {Threei}
[13:45] {dino} out .11, +.40
[13:45] {dptl} +28 for me syna
[13:45] {dptl} .28
[13:45] {Threei} but seriously... Internet is full of call monkeys,
[13:45] {Threei} don't diminish me to that level,
[13:45] {bruce} geesh- a bookworm cat
[13:45] {Threei} RealityTrader is not a call service
[13:46] {Threei} yes bruce... well read too
[13:46] {bruce} don't tel mags taht
[13:46] {dino} gj bruce.
[13:46] {dino} magoo stepped out, have him working on a gas lease for us
[13:46] {Threei} first and foremost we are educational service
[13:47] {Threei} I haven't mentioned SYNA, yet you saw people finding it, trading it and profiting from it
[13:47] {Threei} same goes for many stocks mentioned here evry day by many traders
[13:48] {Threei} it's not by accident, it's by design
[13:48] {dptl} sorry that was +.31 syna
[13:48] {dptl} can't count any more
[13:48] {Threei} (calculating never has been a strong suit though, neither has spelling)
[13:48] {dptl} :)
[13:49] {dino} dp, you're fired
[13:49] {Threei} hehe
[13:49] {dptl} lol
[13:49] {Threei} creative accounting eh?
[13:49] {Threei} he underestimated profit to withhold taxes
[13:50] {Threei} so, that being said... either you read what I write in that blog, better yet - participate in it
[13:50] {Threei} or my prank callers will get your phone number
[13:50] {GeoArb} as long as they call my 900 number
[13:51] {dino} ohhhh mannnnnnnn
[13:51] {GeoArb} :)
[13:51] {Threei} you don't know them Geo... if they have troubles getting through over the phone - they show up at your door...
[13:52] {GeoArb} i work in southcentral LA :)
[13:52] {Threei} as if it's going to stop Ivan the Enforcer from billing you for his airfare
[13:52] {GeoArb} heh
[13:54] {Threei} DRIV at interesting point on daily
[13:54] {Threei} I'd like to see a pullback first though
[13:54] {Threei} bottoming out above .10
[13:54] {Threei} then break of the high
[13:56] {dino} syna
[14:02] {dino} feels like syna whoosh down coming
[14:03] {dino} my technical analysis
[14:03] {bruce} hard to tell dino - have feeling it may be done - but .50 needs to hold
[14:03] {bruce} you was right
[14:04] {dino} the "technocal" was a joke
[14:04] {dino} my gut was saying it
[14:04] {GeoArb} i gotta feed my gut the same stuff
[14:05] {bruce} youhungry dino?
[14:05] {dino} peperoni and cheese today
[14:05] {bruce} k
[14:05] {bruce} nice follow up to the chili dogs
[14:06] {dino} yeah, i'm the picture of health
[14:06] {dino} darn, its going up
[14:06] {bruce} we have secnd bottomw now
[14:06] {bruce} it'll probaly retrace anyway
[14:06] {Threei} oh yes
[14:06] {Threei} finally, wisdom from high above
[14:07] {Threei} and you thought we were seeing booming economy qwith no inflation in sight
[14:08] {dino} i think they just like to hear themselves talk
[14:08] {Threei} - US economy suffering temporary dent in confidence
[14:08] {Threei} rrreallly?
[14:09] {bruce} finally - the veils of ignorance have been lifted vad
[14:09] {Threei} yes I was longing for that
[14:09] {bruce} whats your gut telling you about our long syna entry dino?
[14:09] {GeoArb} dptl dcc please
[14:09] {Threei} did I say earlier COIN was aiming at 12 today?
[14:10] {Threei} yeah
[14:10] {Threei} [10:15] {Threei} with markety help COIN is 12 bound today
[14:11] {Threei} finding entries on it though is completely another matter
[14:11] {bruce} see vad?
[14:11] {Threei} but that's magoo's fault
[14:11] {bruce} you listen to yourself
[14:11] {bruce} shows someones listineing
[14:11] {Threei} no bruce... Ctrl-F does wonders :)
[14:13] {bruce} thats a lesson for mags vad - control your f
[14:14] {Threei} lol
[14:14] {Threei} - Fed has dual mandate, not just growth, but inflation control, calling mandate a "delicate balance."
[14:14] {Threei} - Economy is "anemic: in term of growth and is set for prolonged slowdown
[14:14] {Threei} - Feds main goal now should be improving market liquidity
[14:14] {Threei} market spikes in response
[14:22] {Threei} PRES BUSH CALLS CHINESE PRES HU, RAISES CONCERNS ON TIBET CRACKDOWN- Reminder this week French Pres Sarkozy has mentioned possible Olympic ceremony boycott and Sec of State Rice has called for restraint on monk crackdowns
[14:24] {magoo} mojo coming back it seems..SEED yesterday went point to 7 too
[14:27] {bruce} looks like syna isn't finished whooshing yet
[14:30] {dino} dk on syna
[14:36] {magoo} what u stalking vad??
[14:37] {Threei} no definite candidate right now
[14:40] {dptl} ok Geo..i am all yours...dcc pls
[14:45] {bruce} taking break
[14:48] {Threei} a lot of charts i like but volume is very questinable
[14:50] {Threei} RMBS sharp selling
[14:52] {Threei} wow
[14:52] {Threei} wth
[14:53] {dino} rmbs
[14:53] {dptl} what the hek is that rmbs?
[14:53] {Threei} WINS FINAL PHASE OF HYNIX CASE- jury was considering whether Rambus illegally used information from industry meetings in the 1990s to obtain its patents
[14:53] {magoo} crazy
[14:54] {magoo} want me to stop it??
[14:54] {Threei} lol
[14:54] {dino} magoo, go long so i know where to short it
[14:55] {magoo} long 24 .97 I KNREW IT
[14:55] {magoo} c' takers?
[14:56] {dptl} lol
[14:57] {GeoArb} .
[14:58] {GeoArb} hi dptl.. .back.. dcc please
[14:58] {Threei} BSC...
[14:59] {magoo} wtf?
- Expects more oversight authority over dealers, will not comment on BSC action
[14:59] {Threei} - Says does not use the term 'recession' to describe current economy{BSC}
[15:00] {GeoArb} anemia??
[15:00] {Threei} lol
[15:02] {dino} back in 10
[15:04] {Threei} BSC
[15:04] {GeoArb} again?
[15:07] {Threei} - rumors seem to be stemming from congressional meetings after Senators requested further information regarding deal this morning{
[15:08] {Threei} cross back over 24 long scalp RMBS if not losing .70 anymore, quick fingers only
[15:09] {Threei} 1:1
[15:10] {judijim} tx made quick +.11 in rmbs, got out too fast
[15:10] {Threei} better than poke in the eye
[15:11] {judijim} that's right
[15:11] {dptl} i am not touching it ......
[15:11] {Threei} eye?
[15:11] {Threei} or RMBS?
[15:11] {dptl} lol rmbs
[15:13] {dino} crzo s .47
[15:19] {Threei} cool beans, now BSC is dropping like new offer is going to be at $1
[15:25] {dino} cov crzo .33, +.24
[15:25] {dino} opps +.14
[15:30] {dino} syna s .35
[15:31] {Threei} bounce of 25 RMBS, small shares
[15:31] {dino} stop is .56
[15:31] {Threei} stop under 24.80
[15:34] {Threei} looks like I oversat it by just two cents... offered .45, it hit .43
[15:34] {Threei} stop to under 25 now
[15:34] {Threei} if stopped, it will be punishment for greed
[15:35] {magoo} been there..done ythat
[15:36] {dptl} what entry you have Vad?
[15:36] {Threei} .08
[15:36] {Threei} out
[15:36] {Threei} imbecil
[15:36] {Threei} lost 5 cvents instead of making 30something, lol
[15:37] {Threei} lol
[15:37] {magoo} and now mkt punishes by going up
[15:37] {Threei} yup
[15:37] {dino} stopped asyna .53 -.18
[15:37] {Threei} idiocy must be punished
[15:37] {Threei} I am not complaining, well-deserved
[15:47] {dino} nov l .59
[15:48] {lumdus} i remember when rmbs was a good trding stock just like klac. now it's dead meat.
[15:48] {Threei} hmmm
[15:49] {Threei} its today's march is anything but dead meat :)
[15:49] {judijim} good bye for today, barely + but our fault too many trades and early exits, we're learning:) Thanks see you tomorrow AM
[15:50] {Threei} take care jj
[15:50] {dino} out chic .36 +.08
[15:53] {dino} n ov stopped -.25
[15:55] {magoo} TY vad
[15:55] {dptl} have a good evening all..:) see ya all tomorrow
[15:55] {Threei} thank you all
[15:55] {Threei} have a good evening, see you tomorrow
[15:55] {Threei} and:
[15:55] {Threei} READ THAT BLOG
[15:56] {dino} cors
[15:56] {hawkfan4} thanks vad, nice day
[16:02] {Threei} ORCL
[16:02] {Threei} REPORTS Q3 $0.30 V $0.30E, R $5.3B V $5.42BE

Tuesday, March 25, 2008

Mar 25 2008

Session Time: Tue Mar 25 00:00:00 2008

[08:33] {magoo} morning
[08:33] {Threei} Good morning
[08:35] {magoo} hi vad
[08:49] {Onix} Good morning Vad; magoo
[08:50] {Threei} Onix :)
[08:52] {magoo} people having trouble loggin in vad?
[08:52] {magoo} i got in ok
[08:52] {cosmo} HOGS beat analysts est
[08:53] {cosmo} # Henan Zhongpin Food Share Co. Ltd Earnings Call scheduled for 9:00 am ET todayCCBN(Tue 8:45am)
[08:54] {Threei} people sleep mags
[08:54] {magoo} look MON vad, news?
[08:55] {magoo} ABPI crushed..2.99 to .66 cents
[08:55] {Threei} 08:45am [MON] Guides FY08 $3.15-3.25 v 2.87e (previously guided $2.70-2.80)more.. - The company now projects full-year ongoing EPS of $3.15-3.25. As-reported EPS is expected to be in the range of $3.38-3.48 for the full year. Results will be affected favorably by $0.23/shr from the settlement of claims in conjunction with Solutia's emergence from bankruptcy. - As-reported EPS is expected to be in the range of $1.98 for Q2; The company expects ongoing EPS in the range of $1.75 v $1.34e (unclear if comparab
[08:56] {Threei} Biopharmaceuticals Releases results of Phase III primary endpoint in clinical study of SinuNase Lavage
[08:56] {Threei} Analysis of the unblinded primary endpoint data did not show the required level of statistical significance when comparing the SinuNase arm to the control arm.
[08:57] {Threei} that's ABPI
[08:58] {dino} gm all
[08:58] {Threei} dino :)
[08:59] {dino} good news and bad news on the trading front
[08:59] {Threei} ?
[09:00] {dino} ok, since vacation, 10 days of trading. good news all positive
[09:00] {dino} bad news, only 72% of daily goal
[09:00] {dino} so, i need to adapt a bit
[09:01] {Threei} alternatively,
[09:01] {Threei} it could be simply an outcome of abnormally volatile markets
[09:02] {dino} i have mentioned that to magoo, but he cuts me no slack whatsoever
[09:02] {Threei} if that's the case, adjustments should be light, in order not to overdo it
[09:02] {Threei} and face troubles as market returns to norm
[09:03] {Threei} I am a bit wary of attempts to overhaul too big part of approach with each market turn
[09:03] {dino} thinking the same, i understand. there is one other factor, i am trading smaller size because of the whips
[09:03] {dino} that could be it
[09:03] {Threei} when radical things happen then yes, deviation from old norm are too big
[09:03] {Threei} for instance, when market went to decimals from fractions
[09:03] {Threei} that was kind of big and permanent change
[09:04] {Threei} gotta adjust or wilt and die
[09:04] {dino} y
[09:04] {Threei} current change is simply change of market conditions, we go through those all the time
[09:04] {Threei} logical chain is exactly as you said,
[09:04] {Threei} increased volatility made you control risk tighter bu decreasing size
[09:05] {Threei} which in turn led to diminished return
[09:05] {GeoArb} good morning
[09:05] {Threei} Geo
[09:05] {magoo} TMA vad, news
[09:06] {dino} that is most likely the cause. ty vad
[09:06] {Threei} Inc Proposes up to $1.35B private placement of Senior Subordinated Secured Notes, due 2015; suspends dividend on preferred stock
[09:06] {Threei} - The deal includes an interest rate of 18%, adjusted to 12% upon the satisfaction by the company of certain conditions.
[09:06] {Threei} - The proceeds of this proposed private placement are intended to satisfy a key contingency of the Override Agreement Thornburg Mortgage announced on March 19, whereby the company agreed to raise a minimum of net proceeds of $948M in new capital on or before March 27.
[09:06] {Threei} - Additionally, the company will be conducting a tender offer for at least 90% of its outstanding preferred stock at a price of $5 per $25 of liquidation value, plus, upon shareholder approval of additional authorized shares, warrants to purchase an aggregate of 5% of the company's common stock outstanding on a fully diluted basis (reducing the private placement investors' interest to 85%), or, if shareholder approval is not obtained, alternative consideration.
[09:07] {Threei} radical change is something that makes me uneasy dino... natural for people from the country that went through revolution of 1917 {G}
[09:08] {dino} y
[09:08] {Threei} if things simply don't work, OK.... reworking is needed
[09:09] {Threei} not your case by any stretch of imagination
[09:12] {Threei} be back in 5
[09:18] {Threei} not much enthusiasm on SIRI/XMSR
[09:18] {Threei} buyer at 3.80 will have to put it in long term account it seems
[09:24] {magoo} u watching TMA vad?
[09:25] {Threei} yes
[09:25] {Threei} 1.80 - 2 range so far
[09:26] {Threei} if loses 1.80 will probably need deeper pullback
[09:28] {magoo} how many shares will u hit IF u do
[09:28] {magoo} 3k?
[09:29] {Threei} depends on setup
[09:29] {Threei} if for quick scalp with small stop, 3 at least, 5 more likely
[09:30] {cosmo} CSIQ
[09:33] {Threei} GILD small shares long, stop under .70
[09:33] {Threei} 50.01 trigger
[09:39] {Threei} SOLF
[09:39] {Threei} 11 break long half lot
[09:39] {Threei} aww, late
[09:39] {Threei} don't chase
[09:40] {Threei} GILD stop to .79
[09:40] {bruce} resistance at 50.22 in gild
[09:42] {Threei} most likely not a scalp for me
[09:43] {magoo} potential??
[09:43] {bruce} half out gild+.20
[09:44] {Threei} offering half .40
[09:44] {Threei} half out
[09:44] {Threei} stop to .99
[09:44] {bruce} gild stop to 50.10?
[09:44] {bruce} k
[09:45] {Threei} trying to give it a bit more room bruce
[09:45] {Threei} will trail if it breaks .50
[09:45] {dino} titn
[09:45] {Threei} ESLR .61 long with .54 stop
[09:46] {Threei} GILD stop to .15
[09:46] {Threei} 1:2
[09:46] {magoo} out GILD .55 TY vads
[09:47] {Threei} welcome sir
[09:47] {dino} gj
[09:48] {Threei} ESLR invalidated
[09:49] {dino} crzo sm l .75
[09:50] {Threei} JNPR .38 long if stays above .30
[09:51] {magoo} jnpr stronger than naz/
[09:51] {magoo} ?
[09:52] {Threei} yup
[09:52] {Threei} GILD trailing stop to .35 who strill holding
[09:52] {magoo} out here vad
[09:53] {magoo} in JNPR
[09:53] {Threei} JNPR 1:1 for scalpers
[09:53] {Threei} half out here
[09:53] {magoo} out .54 TY
[09:53] {Threei} easy button time?
[09:54] {dino} i just heard an easy button
[09:54] {dino} gj magoo
[09:54] {Threei} stop to .39 JNPR for holders
[09:56] {Chaeron} gm all - looks like you're having a great day... room for one more I hope
[09:56] {Threei} chaeron :)
[09:56] {Chaeron} mags is happy :))
[09:57] {Threei} wow, you got high print JNPR magoo
[09:58] {magoo} lucky..i laid it out ahead too
[09:58] {magoo} came up to me
[09:58] {Threei} that's the way if scalping
[09:58] {Threei} what's up with GERN
[09:58] {magoo} yeah..out full
[09:59] {dino} out crzo .15, +.40
[09:59] {magoo} nice dino
[09:59] {dino} ty
[09:59] {bruce} nice trade dino congrats
[09:59] {Threei} good job guys
[09:59] {bruce} I couldn't read crzo
[10:00] {Threei} *JAN HOUSE PRICE INDEX M/M: -1/1% V -0.2% PRIOR
[10:00] {Threei} MAR CONSUMER CONFIDENCE: 64.5 V 73.5E
[10:00] {dino} s crzo .00
[10:03] {Threei} VMED
[10:03] {Threei} .93 long if holding above .85
[10:04] {magoo} missed it'
[10:04] {dino} crzo stopped
[10:04] {dino} -.34
[10:04] {Chaeron} coming back a bit maybe
[10:04] {Threei} KLAC
[10:05] {Threei} .90 long
[10:05] {Threei} stop under .80
[10:06] {Threei} invalidated
[10:08] {Threei} stopped VMED
[10:09] {bruce} market really choppy - breaks not continuing
[10:10] {magoo} u reading RIMM or AAPL boss?
[10:10] {judijim} good morning from jj
[10:10] {Threei} jj :)
[10:10] {magoo} jj : )
[10:10] {Threei} not so far magoo
[10:11] {bruce} whats to read - they look like yo-yos mags
[10:12] {Threei} SEED, what's up
[10:12] {dino} nov l .80
[10:13] {Chaeron} SEED no news on any wires I have
[10:13] {hawkfan4} 25-Mar-08 10:07 ET SEED (+14.8%, 11.6x -note the co reports Q1 results today after the close).
[10:13] {Threei} ty
[10:15] {magoo} bruce..i was readsing a bounce w/naz is all
[10:17] {bruce} hot - possible long reversal here dino
[10:17] {Threei} GILD... why did I ever trail that stop, lol
[10:18] {magoo} we should have reentered
[10:18] {bruce} hard to set stops in em now mags w these ranges
[10:18] {bruce} aapl rimmsky that is
[10:19] {magoo} reenter comment was for gild
[10:19] {Threei} reenter requires setup
[10:19] {Threei} didn't see any
[10:21] {dino} out nov .40, +.60
[10:21] {dino} too soon
[10:25] {Threei} very risky play, SEED 6 break for quick fingers
[10:32] {dino} penn
[10:34] {Chaeron} I see no news on PENN
[10:34] {Threei} RIMM .50 breakdown short
[10:34] {Threei} watch this bounce for stop level
[10:38] {GeoArb} anyone else in RIMM?
[10:39] {judijim} yes
[10:39] {Threei} stop above .80
[10:39] {Chaeron} me too Geo - sorry.. slow this morning
[10:39] {judijim} stopped out at .74 -.20
[10:40] {GeoArb} :)
[10:40] {Threei} market strengthened
[10:40] {Threei} stopped
[10:41] {Chaeron} yep -33
[10:41] {bruce} penn short dino?
[10:42] {Chaeron} thank goodnes for stops
[10:42] {GeoArb} yup
[10:49] {Chaeron} .
[10:51] {dino} missed it penn, distracted
[10:54] {bruce} k
[10:57] {Threei} action is way too wierd here
[10:57] {Threei} staying on a sideline for now
[10:57] {Onix} Bye for now .. gotta go to work .. best of luck!
[10:57] {Threei} take care Onix
[11:03] {Threei} BSC break of 11 is interesting
[11:04] {Threei} if stays above 10.85
[11:05] {Chaeron} a lot of stuck quotes in L2 today it seems
[11:05] {Threei} ?
[11:05] {Threei} I don't have any
[11:05] {dino} ulta
[11:06] {Threei} by whom chaeron?
[11:06] {Chaeron} BSC EDGX at .95
[11:06] {Threei} ahha
[11:06] {Chaeron} now ok
[11:06] {Threei} 09:43:43 ADMIN7 --} (All): EDGX experiencing streetwide market data issues - hide for now.
[11:06] {Threei} 09:38:33 ADMIN7 --} (All): Delays in EDGX quotes - will advise. Hide for now in Hidden MM tab.
[11:07] {Chaeron} oh thanks... I don't see that notification
[11:07] {Threei} watch alerts for this kind of information
[11:08] {judijim} we didn't see alert either. traded rimm l +.21
[11:08] {bruce} for bsc break of .91 looks like early entry opportunity
[11:11] {Threei} invaliadted as a break play for now
[11:21] {bruce} lvs looks like long candidate dino
[11:22] {dino} y
[11:24] {dino} l sm ave .35
[11:27] {bruce} you talkin lvs? if so stop under 80 I'd think
[11:29] {dino} y stop .07
[11:30] {bruce} looking good so far - not in yet
[11:35] {dino} idcc
[11:36] {bruce} yes - saw the spike
[11:36] {magoo} solf hitting scanner
[11:37] {Threei} yeah, invalidated our setup earlier... not a breakout stock
[11:37] {Threei} moves off pullbacks, fails breakouts
[11:38] {Threei} if this pattern holds, will look for entry around .50
[11:40] {GeoArb} hi, quick Q, I have the four scanners... is it among them or custom?
[11:40] {GeoArb} ahh saw it on JBE
[11:41] {bruce} you still holding all lvs dino?
[11:41] {Threei} my favorite kind of questions
[11:42] {Threei} you ask, you answer... all I do is nod :)
[11:44] {bruce} nvda long scalp candidate here vad
[11:45] {Threei} with .14 stop?
[11:45] {bruce} yes - small - probaly won't move far
[11:45] {Threei} pretty much market dependent...
[11:46] {Threei} and market is a wierdo here
[11:47] {bruce} aint it always?
[11:48] {Threei} lol
[11:48] {Threei} sometimes it's a wierdo with patterns of wierdness, and sometimes it's a plain wierdo
[11:48] {Threei} right now it's a plain wierdo
[11:49] {magoo} remember when...............
[11:49] {magoo} weirdo= queer=gay=sex=
[11:50] {bruce} lol - \
[11:50] {bruce} leave it to mags
[11:51] {Threei} SOLF pullback was too shallow for me to enter... too bad
[11:52] {Threei} I would put it this way:
[11:53] {Threei} when you have determination in market you get much more easy to read trades
[11:53] {Threei} it's like market has a mission
[11:53] {Threei} today it doesn't so far,
[11:53] {Threei} it's more like waiting for something
[11:53] {bruce} a mission - like mags raiding ber fridge?
[11:54] {Threei} exactly
[11:54] {Threei} dertermination, purpose, decisive pace
[11:54] {Threei} eyes on a target
[11:55] {bruce} k - yes a bear stalking a beer
[11:55] {Threei} beer be gotten
[11:55] {bruce} single minded focus and purpose
[11:56] {magoo} hiccup : )
[11:59] {Threei} ok, that's the ultimate iroy in my eyes:
[12:00] {Threei} irony
[12:00] {Threei} 11:50am [UPS] Hearing taken off of Focus List at Bear Stearns
[12:01] {magoo} the cat watching the cannary he he
[12:01] {Threei} just how seriously can estimates be taken when they are coming from a company that steered its own action in such disastrous way
[12:19] {Threei} RIMM .50 break long
[12:19] {Threei} let it pullback, don't chase
[12:20] {Threei} stop under .30
[12:21] {dino} lvs out .85, +.50 ty bruce
[12:22] {Threei} come on NQ, spike time
[12:23] {dino} titn sm s .18
[12:24] {bruce} wwtg dino - was worried you'd get stopped
[12:25] {dino} stopped major sklip -.42
[12:26] {Threei} my feeling is primary direction is upward now
[12:26] {Threei} need NQ to break 1825
[12:27] {Threei} RIMM over 1:1
[12:29] {Threei} out RIMM
[12:29] {Threei} +/50
[12:29] {Chaeron} thanks 3i + 59
[12:29] {Chaeron} .59
[12:29] {Threei} welcome sir
[12:30] {dino} oyog
[12:30] {dino} thin
[12:34] {Threei} magoo... you alive?
[12:34] {Threei} or beer overcame your will to keep eyelids open?
[12:35] {bruce} you thinking short oyog?
[12:35] {Threei} RIMM pullback into .50 is buyable for bounce
[12:35] {Threei} with tighty stop
[12:35] {Threei} .45
[12:39] {magoo} sorry vad..on phone
[12:39] {magoo} but, giot first RIMM call and out .91
[12:39] {magoo} TY
[12:39] {Threei} whew
[12:39] {Threei} :)
[12:39] {Chaeron} gj magoo
[12:39] {Threei} I was worried that after pressing me for RIMM call for half of the day you missed it when it finally came :)
[12:40] {bruce} rimm dropped to .41 - still valid?
[12:40] {magoo} entry..laid distracted but laser filled it..
[12:41] {Threei} not here bruce
[12:41] {bruce} k
[12:50] {magoo} vad..when i press u for not make call to appease magoo...make sure it sets up
[12:51] {Threei} I would never do it
[12:52] {Threei} unless I am drunk
[12:52] {Threei} wait...
[12:52] {Chaeron} checking to see if you're drunk? :)
[12:52] {Threei} no, just need to wash down this last shot of vodka with something
[12:52] {Chaeron} scotch
[12:53] {Threei} good idea
[12:54] {Threei} I really need to be more carefull with my occasionally (read 99% of the time) wierd sense of humor... with logs being publc domain, rumors of my drinking will not be long behind :)
[12:55] {bruce} lvs goinglong again
[13:11] {bruce} vtiv dino - don't think its done dropping yet but watching it
[13:12] {dino} hmm
[13:16] {dino} sm l .00
[13:16] {magoo} spitzers on it.
[13:16] {Threei} clicking fraudsters
[13:26] {dino} exls
[13:26] {Chaeron} .
[13:27] {Chaeron} ..
[13:27] {Threei} all good points
[13:27] {Chaeron} thank you... I'll sweep them up before I leave
[13:28] {dino} vtiv stop to b/e
[13:28] {Chaeron} I missed RIMM :(
[13:32] {magoo} we all did there
[13:35] {judijim} we caught rimm for +.34
[13:36] {Chaeron} nice jj
[13:36] {Threei} gj jj
[13:36] {Threei} (I waited several hours for my chance to say that)
[13:37] * Chaeron rolls eyes
[13:37] {magoo} vad, u catch that RIMM run up?
[13:37] {Threei} nope
[13:41] {dino} vtiv stopped flat
[13:44] {bruce} well played dino
[13:44] {Threei} SEED...
[13:44] {Threei} thing is poised to move
[13:44] {Threei} but finding entires is a b*thc on it
[13:45] {bruce} eqix looks long around here
[13:49] {dino} oyog s sm .00
[13:50] {magoo} RIMM continues
[13:50] {Threei} SEED too
[13:51] {magoo} u in SEED?
[13:51] {Threei} I took a little, couldn't resist
[13:52] {magoo} where?
[13:52] {Threei} it has disgusting potential to trun into longer hold than day trade thouigh
[13:52] {Threei} 6.10
[13:52] {Threei} don't chase
[13:52] {Threei} it most lilely will give you another chance at that or much better price
[13:52] {Threei} pullbacks on it are hellish
[13:55] {Threei} [12:26] {Threei} my feeling is primary direction is upward now
[13:55] {dino} vtiv l .10
[13:55] {Threei} was that right feeling or what
[13:56] {Threei} and some say I am feelingless
[13:58] {Threei} can I cry about GILD?
[13:58] {magoo} only if its on my shoulder
[13:58] {magoo} i had 1k of it
[13:58] {Threei} is there beer on your shoulder?
[13:58] {magoo} spilled on shirt? yes
[14:00] {bruce} zolt long break candidate
[14:00] {Threei} watching IMB for possible frenzy
[14:03] {Threei} no technicals on it, just potential short squeeze
[14:04] {dino} vtiv stop to .24
[14:06] {dino} make vtiv .30
[14:10] {dino} to .40
[14:11] {dino} out .45, +.35
[14:13] {dino} ty bruce
[14:13] {bruce} nice dino
[14:15] {Threei} mags, did SEED let you in on a pullback?
[14:20] {Threei} {magoo} no, I was too busy trying to even amount of beer spilled on both shoulders
[14:20] {magoo} i did not enter
[14:21] {Threei} OK, just thought maybe running comments were needed
[14:21] {magoo} was looking at rimm short in tho
[14:23] {Threei} don't misunderstand me please:
[14:24] {Threei} I am not calling for SEED entry
[14:24] {Threei} if I were I would do it when I entered
[14:24] {Threei} it's very risky one and most likely not a daytrade
[14:25] {magoo} i scalped .17 cents on your very very first call off 6...thats it
[14:25] {Threei} wow really?
[14:25] {Threei} cool :)
[14:25] {magoo} just bummed i missed that monster RIMM move, we were in it 13.50 remrber?
[14:26] {Threei} no
[14:26] {Threei} I prefer to forget this kind of things as soon as I can
[14:28] {Laserdave1} hi Magoo dcc please
[14:30] {dino} rbcn s .90
[14:45] {Threei} how about that IMB
[14:53] {dino} rbcn cov .50, +.40
[14:56] {bruce} nice dino - that trade I didn't understand - stock range was only 1.50 -thought it was too small
[14:58] {dino} yes, but had hard stop at .01 so thought what the heck
[14:59] {patience} hey vad, have you traded FEED at all? started in dec 07 on Nasdaq
[15:00] {bruce} k- worked nice for you
[15:00] {Threei} certainly looked at it... not sure if actually traded
[15:00] {dino} lucky bruce, thats all. random entry
[15:00] {bruce} nov possible long break candidagte - risky stock w big pullbacks
[15:01] {dino} back in 10
[15:01] {dino} watch oih w/it bruce
[15:02] {bruce} k - thanx dino
[15:02] {patience} ty vad
[15:02] {Threei} I seem to remember it moved with COIN and SEED at some point
[15:03] {patience} just reviewing my sector trades, bottom fishing
[15:03] {patience} came across FEED article
[15:03] {patience} hadn't heard of it before
[15:13] {judijim} signing off, net +.72, good day for us. Thanks a lot everyone. Be back am
[15:14] {Threei} take care jj, good job
[15:16] {bruce} need to head out to apptmnts- take care all
[15:18] {magoo} i don't chase he he
[15:19] {Threei} me out
[15:20] {Threei} but mags... thing even did dive under 6
[15:20] {Threei} if you weanted it it was available without chasing
[15:21] {magoo} oh agree...just observing
[15:22] {Threei} IMB
[15:23] {Threei} .50 break long
[15:23] {Threei} stop under .35
[15:24] {Threei} mama mia
[15:26] {magoo} now reaklly crying over SEED
[15:31] {Threei} another market spike in the making it seems
[15:32] {magoo} aapl or rimm long??
[15:32] {Threei} .30 break RIMM
[15:34] {Chaeron} testing my patience....
[15:35] {Threei} too deep pullback
[15:35] {Chaeron} yep
[15:35] {Threei} if market spikes off a pullback, better try to get RIMM aggressively for a bounce scalp
[15:48] {Threei} going to watch SEED after hours, just in case
[15:49] {magoo} u in it?
[15:49] {Threei} no
[15:54] {Chaeron} ok all... see you tomorrow.... many thanks Vad
[15:54] {Threei} thank you all, have a good evening
[15:55] {Threei} see you tomorrow
[15:55] {dino} cya 3i
[15:57] {dino} oyog stopped .02 -.02
[15:58] {dino} thats all for me, thanks, good day
[16:02] {Threei} CCU

Monday, March 24, 2008

Mar 24 2008

Session Time: Mon Mar 24 00:00:00 2008

[08:27] {Onix} Good morning
[08:28] {Threei} morning Onix
[09:03] {Threei} BSC offer is getting upped to 10
[09:04] {Threei} rarely do you see such an open robbery
[09:05] {GeoArb} gm all
[09:05] {Threei} Geo :)
[09:06] {magoo} morning
[09:06] {Threei} magoo :)
[09:09] {lumdus} vad, what i thought all along. and now there will be happys seller ofbsc shares. it was obvious that this will go up from the 4.00 point
[09:09] {lumdus} you didn't like my analysis but i told you i know how to write for the WSJ :)
[09:11] {Threei} I didn't like? I thought I told you to go right ahead and write for them :)
[09:12] {lumdus} but you didn't follow my analysis to buy and hold it.. did you ?
[09:12] {Threei} I don't buy and hold
[09:12] {lumdus} vad, you don't buy and hold, you don't buy bb stocks.. maybe you need to change your lifestyle ?
[09:12] {Threei} or maybe I don't? :)
[09:13] {Threei} my current one works for me alright
[09:13] {lumdus} but improving is always good. you know if you have a million dollar you want 2
[09:14] {Threei} yeah, I guess... but ashes of those who bought and held BSC in 80s knock in my heart
[09:14] {dino} gm all
[09:14] {Threei} dino :)
[09:15] {dptl} good morning all
[09:15] {hawkfan4} morning all
[09:15] {Threei} dp, hawk :)
[09:19] {Threei} I don't want even to start imagining how BSC holders who sold around 2 feel now
[09:20] {Threei} and who is to say 10 is final offer
[09:20] {cosmo} yea...wait until its priced in ameros...
[09:21] {dino} how would you like to be a short
[09:21] {lumdus} so the hedge funds who bought at 5.00 thinking they losing money just so they can vote are making millions now.
[09:21] {bruce} morning dino- watching crzo as possible reversal candidate
[09:22] {dino} oil co
[09:22] {Threei} I wouldn't dino, lol
[09:22] {dino} watch oih w/it imo
[09:22] {bruce} k
[09:23] * bruce slaps Threei around a bit with a large trout
[09:23] {Threei} good morning to you too bruce
[09:24] {bruce} thats for not buying 50 k of bsc
[09:24] {Threei} well deserved
[09:24] {bruce} fwitsw - I wouldn't buy it either
[09:24] {bruce} lums on own
[09:24] {Threei} oh, then here is what is in order:
[09:24] * Threei slaps bruce around a bit with a large trout
[09:24] {bruce} lol
[09:24] {Threei} :)
[09:25] {Threei} so what's next. TMA going back to 5?
[09:25] {Threei} notice that BSC went above 10 earlier
[09:26] {Threei} there are probably speculators believing 10 is not final
[09:26] {cosmo} IDCC: said on Monday it was in settlement talks with leading cell-phone maker Nokia (NOK1V.HE: Quote, Profile, Research) and that the companies have made substantial progress toward resolving all of their disputes.
[09:26] {GeoArb} rumor jp bidding higher?
[09:26] {Threei} 10 so far Geo
[09:31] {magoo} what a f job that is now
[09:32] {bruce} aaqpl dpoing its jump out of gate thing again
[09:32] {bruce} aapl
[09:32] {Threei} TMA heard me or what
[09:32] {magoo} u in tma?
[09:32] {Threei} no
[09:34] {Threei} watching LLTC
[09:34] {lumdus} in amzn 73.33 stop lod
[09:34] {bruce} yhoo forming beak pattern vad
[09:35] {Threei} LLTC .50 long if holding above .35
[09:35] {lumdus} vad, now that bsc is halted what do i do ?
[09:35] {Threei} ?
[09:35] {Threei} what can you do but wait for it to open
[09:35] {lumdus} does that mean it's bad or it's good ?
[09:35] {magoo} offer sacrifices to the trading gods
[09:36] {Threei} depends on what the news is
[09:36] {curtisweese} good i think...if you hold below 10
[09:36] {curtisweese} hopefully
[09:36] {GeoArb} probably good as rumor is jp upping offer
[09:36] {lumdus} as long as it doesn't go back to 4.50 i make money
[09:36] {Threei} if they say 10 or higher, great... if they say no deal, bad...
[09:36] {magoo} look AAPL vad
[09:36] {lumdus} you think it could go below $4.50 ? ouch !
[09:36] {Threei} I don't think lum
[09:37] {Threei} we just don't know what is going to be said
[09:37] {Threei} AAPl is bounce scalp mags
[09:37] {Threei} LLTC getting ready
[09:37] {lumdus} oh well amzn -.15 for me.. starting off on the wrong foot here.
[09:38] {magoo} in vad
[09:38] {lumdus} long lltc .49
[09:38] {Threei} stop for scalpers .39
[09:38] {Threei} for sane traders .34
[09:39] {magoo} out aapl /.34, + .40
[09:39] {magoo} ty vad
[09:39] {Threei} nice way to start week mags
[09:39] {lumdus} why out aapl. can break hod
[09:40] {Threei} LLTC scalpers have 1:1
[09:40] {lumdus} stop on aapl 134.20 ?
[09:40] {magoo} just scalping Lum'
[09:40] {Threei} yes if you hold lum
[09:40] {lumdus} lltc b/e stop
[09:42] {Threei} 1:2 LLTC, half out at least
[09:43] {lumdus} stop on aapl 134.40 -- don't want to risk to much there.
[09:43] {dptl} ty lltc +.10...+.20
[09:44] {Threei} welcome
[09:44] {lumdus} just having a hard time scalping today.
[09:44] {magoo} out LLTC TY vad
[09:44] {Threei} :)
[09:44] {dino} sm l crzo .00
[09:45] {lumdus} stop lltc 31.53
[09:45] {lumdus} can't get myself to sell anyting yet.
[09:46] {lumdus} out lltc 31.65 thank you vad
[09:47] {Threei} JBHT small shares long with stop under .40
[09:48] {Threei} no worky
[09:49] {curtisweese} aapl is a big buy right now looks like
[09:49] {curtisweese} nev mind...jumped
[09:49] {magoo} maybe RIMM bounce
[09:49] {lumdus} curtis i got stopped out .42
[09:50] {curtisweese} you were still holding? i already bought and sold
[09:50] {magoo} lum, on AAPL?
[09:50] {lumdus} yes magoo
[09:50] {lumdus} aapl crap !
[09:50] {magoo} 12 vbux a share
[09:51] {magoo} guess
[09:51] {lumdus} so does that mean bsc will start trading soon higher or lower ?
[09:51] {magoo} on CNBC now
[09:52] {curtisweese} out aapl again.....gonna buy back in if it dips down to .40
[09:52] {Threei} VLNC broker Fri high
[09:52] {curtisweese} nice!
[09:53] {Threei} broke
[09:54] {lumdus} vlnc was 1.50 on jan 08 and now 4.60
[09:54] {curtisweese} waiting for aapl drop here for a buy for me.....40
[09:54] {Threei} called it as a swing trade twice
[09:55] {Threei} details are coming in
[09:55] {Threei} - Under the revised terms, each share of Bear Stearns common stock would be exchanged for 0.21753 shares of JPMorgan Chase common stock (up from 0.05473 shares), reflecting an implied value of approximately $10 per share of Bear Stearns common stock based on the closing price of JPMorgan Chase common stock on the New York Stock Exchange on March 20, 2008.
[09:55] {Threei} - The Federal Reserve Bank of New York''s $30B special financing associated with the transaction has also been amended so that JPMorgan Chase will bear the first $1B of any losses associated with the Bear Stearns assets being financed and the Fed will fund the remaining $29B on a non-recourse basis to JPMorgan Chase.
[09:56] {curtisweese} l aapl 134.50 stop 134.18 or so for me
[09:56] {Threei} - CEO: "We believe the amended terms are fair to all sides and reflect the value and risks of the Bear Stearns franchise, and bring more certainty for our respective shareholders, clients, and the marketplace. We look forward to a prompt closing and being able to operate as one company."
[09:57] {curtisweese} here it goes :)
[09:57] {curtisweese} or not
[09:59] {Threei} LULU small shares long .50, stop under .25
[09:59] {magoo} OOOYYYYYYY
[10:00] {Threei} BSC open
[10:00] {Threei} *FEB EXISTING HOME SALES: 5.03M V 4.85ME
[10:00] {curtisweese} nice lum, you were holding lower than 10 right?
[10:01] {curtisweese} moved aapl stop up to 134.60.....break hod...come on!!!
[10:01] {lumdus} done with bsc
[10:01] {curtisweese} break 135...goooooooooooo
[10:02] {curtisweese} raised stop on aapl to 134.90
[10:02] {Threei} MF
[10:03] {curtisweese} aapl stop raised to 135.20
[10:03] {Threei} LULU hit 1:1
[10:03] {Threei} MF - Chatter surrounds possible refinancing for $1B bridge loan from Morgan Stanley
[10:03] {magoo} what entry LULU u get?
[10:03] {Threei} .40
[10:04] {Threei} even though send arder at .50
[10:04] {dptl} out lulu+.30 ty
[10:04] {Threei} there was hidden order obviously
[10:04] {dino} all is right in the world again
[10:04] {Threei} welcome dp
[10:04] {Threei} LULU 1:3
[10:05] {curtisweese} aapl stop to 135.30
[10:05] {Threei} MF moved
[10:05] {curtisweese} .40
[10:06] {curtisweese} out aapl made $.90
[10:07] {Threei} nice
[10:07] {curtisweese} 2x goal for today.....hmmmm....last time i lost after being up 2x as i didn't quit....need to re-evaluate
[10:08] {bruce} su looks like long candidagte to me dino
[10:09] {Threei} curtis
[10:09] {Threei} here is suggestion for you
[10:09] {Threei} put a trailing stop on your account
[10:09] {Threei} let's say at the goal level
[10:09] {Threei} and trade half of your usual shares from now on,
[10:09] {Threei} if fall back to 1 x goal, stop trading for the day
[10:10] {curtisweese} hmmm...okay....yeah...that is a good plan....i need the discipline to not give it back!
[10:10] {Threei} you trade for profits, so protect them
[10:11] {dino} exactlllllyyyyyy
[10:12] {Threei} and if you trade for excitement, I'd suggest to think of alternative source for that so market remains what it should be - source of profit
[10:12] {Threei} GRMN buyout chatter
[10:12] {Threei} who would possibly buy it
[10:12] {GeoArb} nokia
[10:12] {dino} i would
[10:13] {Threei} have a look at BSC
[10:14] {Threei} game is not over it seems
[10:14] {curtisweese} man, i got out of aapl, way too early.....sigh
[10:15] {dino} out crzo .99, +.99, ty bruce
[10:15] {bruce} welcome dino
[10:15] {curtisweese} s aapl 136.34 scalp and then buy back
[10:16] {curtisweese} out aapl short made .19
[10:16] {curtisweese} jeez, what is up with msft?
[10:18] {Threei} BSC, any bet on what the next offer is going to be at?
[10:18] {Threei} new 52 week highs VLNC
[10:19] {magoo} [09:51] {magoo} 12 vbux a share
[10:19] {magoo} [09:51] {magoo} guess
[10:19] {magoo} [09:51] {lumdus} so does
[10:19] {curtisweese} msft DOWN today?
[10:20] {Threei} doesn't look cheerful, MSFT
[10:20] {Threei} lol BSC
[10:21] {curtisweese} s aapl 136.29
[10:22] {curtisweese} out aapl short made $.26
[10:22] {Threei} 12 is behind mags... next guess? :)
[10:23] {Threei} I mean 13 is behind
[10:23] {Threei} I mean... ah never mind
[10:24] {magoo} i can't believe its avail short
[10:24] {Threei} I can't believe anything happening with it
[10:25] {curtisweese} do we buy bsc and get another 2% or something?
[10:25] {curtisweese} or do we lose $2?
[10:25] {Threei} I have no idea
[10:25] {curtisweese} seems crazy
[10:25] {Threei} this is not a stock trading with any kind of readability
[10:26] {Chaeron} GM all
[10:26] {Threei} chaeron :)
[10:27] {magoo} chaer:)
[10:27] {curtisweese} s aapl 137.54
[10:30] {bruce} mon short dino?
[10:30] {curtisweese} out aapl short....lost .08
[10:32] {cosmo} IDCC@23
[10:32] {cosmo} lets see...
[10:33] {Threei} if you for some wierd reason are interested inj BSC, moment to try it for bounce is somewhere here
[10:33] {dino} mon yes, just where? .84ish
[10:34] {bruce} yes - probably
[10:34] {bruce} fxp possible long bounce near here dino
[10:35] {curtisweese} s aapl 138.45 entry....
[10:35] {magoo} TY vad, ouit .54 + .30
[10:35] {Threei} wtg
[10:35] {dino} ultrashort fund fxp careful
[10:35] {curtisweese} out aapl short made. $.41
[10:36] {dino} another 85 pts and have to go short everything
[10:36] {curtisweese} jeez aapl has gone straight up today
[10:37] {magoo} rimm too
[10:38] {dino} fcsx l .04 sm
[10:39] {dino} missed mon
[10:41] {bruce} your 84 entry woulda been prefect in mon
[10:42] {cosmo} IDCC gonna test..
[10:43] {dino} y, i'm an idiot
[10:43] {dino} waiting at .80
[10:43] {Threei} BVF
[10:45] {bruce} I missed it too - too keyes off it too long
[10:46] {dino} bvf s .99 sm wide, risky
[10:46] {Threei} that's a wierdly huge bounce for such news
[10:46] {Threei} something's not right
[10:47] {dino} saying the same to magoo
[10:47] {dino} should lose 3 bucks
[10:47] {curtisweese} s aapl 137.71 entry for me
[10:47] {dino} settles 10 million
[10:48] {Threei} SETTLES FOR $10M
- SEC: Overstated earnings and hid losses.
[10:48] {Threei} - Former CEO is charged, four executives charged.
[10:50] {curtisweese} die aapl...just for a bit
[10:53] {curtisweese} out aapl short lost .08
[10:54] {Threei} BSC new round of insanity comes it seems
[10:54] {curtisweese} omg...i got out of that short barely too early...crap
[10:56] {dino} fcsx stopped -.32
[10:56] {bruce} yes - sorry dino
[10:57] {lumdus} vad, actually i think anybody who didn't buy 3 - 4 is insane. did anybody really thing that bsc sharholder where going to ok a $2.00 buyout ? of course not - it was pure emotianal from some low baller at jp.
[10:57] {magoo} vad, u not reading RIMM or AApL today??
[10:58] {GeoArb} i guess its a risk apetite thing
[10:58] {bruce} fxp looking long to me now dino - trying to decide where entry would be
[10:59] {curtisweese} l aapl 137.69 stop 137.45
[11:03] {curtisweese} out aapl made $.10
[11:03] {magoo} i still say your commission gotta be killing u curtis
[11:04] {dino} break of .50 my guess
[11:04] {bruce} looks right to me dino - thinking it may back off to 104 even and might be good try there if it does
[11:05] {dino} there it is
[11:05] {Threei} not so far' on RIMM/AAPL mags
[11:06] {bruce} in l 104 25 c stop
[11:08] {curtisweese} i only pay about $7 in and $7 out...doesn't matter how many shares
[11:09] {dino} bvf stopped -.23
[11:11] {dino} sm fwlt s .55
[11:14] {curtisweese} l aapl 138.31 entry tight stop
[11:19] {curtisweese} out made .06
[11:19] {dino} sm s schn .10
[11:19] {bruce} out fxp flat
[11:21] {dino} fwlt bstrop to .15
[11:22] {dino} cov fwlt .12, +.43
[11:24] {Threei} [10:54] {Threei} BSC new round of insanity comes it seems
[11:24] {Threei} insanity it is
[11:25] {Threei} LULU
[11:25] {Threei} another break for small shares .50
[11:26] {Threei} stop under .30
[11:26] {magoo} in
[11:30] {dptl} out lulu+.30 ty
[11:30] {Threei} welcome
[11:31] {Threei} BSC 13 coming?
[11:32] {dino} schn stopped -.47
[11:33] {magoo} ouit LULU TY + .24
[11:33] {curtisweese} lol...i figured we'd be able to get 1 or 2% if we bought in earlier...downside risk was $2 though which is huge
[11:34] {Threei} {BSC} 13? what makes you think I am so cheap?
[11:35] {GeoArb} i am kiling it on trailing on sim
[11:35] {GeoArb} i just wish it wasnt sim :)
[11:36] {GeoArb} i mean sim on rimm
[11:37] {GeoArb} i am coming to the conclusion its better to trade 100 real than sim
[11:37] {GeoArb} i become a sim cowboy
[11:37] {Threei} there is time for everything Geo
[11:37] {Threei} follow the MPP process
[11:37] {GeoArb} darn :)
[11:38] {Threei} it answers the question when to switch to small shares,
[11:38] {Threei} when to start increasing the amount
[11:38] {GeoArb} yeah
[11:38] {GeoArb} i am not increasing it yet
[11:38] {Threei} if you went through the step, why stay with it
[11:38] {GeoArb} its just i am trying out a new platform so switched to sim
[11:39] {GeoArb} and found i take a lot of risks on sim hehe
[11:39] {bruce} eqix possible short dino
[11:39] {curtisweese} l msft 29.18 entry gonna start catching up with market now! I hope i hope lol
[11:41] {curtisweese} msft doesn't like me :(
[11:44] {dino} wow eqix
[11:45] {bruce} yes - big hop - got stopped attempting to short
[11:46] {Threei} BSC took 13 and not stopping
[11:47] {Threei} LULU solidly over 1:1, if anyone is still in, be careful here
[11:50] {Threei} this must be the wierdest takeover in history
[11:50] {Threei} BSC I mean
[11:50] {curtisweese} this is the siri merger...crazy
[11:50] {bruce} eqix may be ready to fade now
[11:50] {curtisweese} they should merge siri and bsc
[11:50] {curtisweese} lol
[11:51] {Threei} that's a tough one
[11:51] {Threei} try to determine the price, lol
[11:51] {Threei} and JPM is likely to take over XMSR in that case?
[11:51] {curtisweese} BSC could collateralize their loans with the air in the airwaves
[11:52] {Threei} as if there was not enough confusion as it stood
[11:54] {dino} wanted one more spike bruce
[11:55] {dptl} simple words,can anyone explain me what proshares are?please
[11:55] {dino} etf's
[11:56] {dptl} so it' the same like ndx
[11:56] {dptl} or qqqq
[11:57] {bruce} k dino
[11:57] {curtisweese} double down on msft at 29.10 average cost 29.14 now
[11:57] {dptl} so what is ultra short proshares?
[11:57] {dino} but, i think they use options to "juice" it, usually 2x the move
[11:58] {curtisweese} come on msft...go positive....grrrrrr
[11:58] {dino} eqix sm s .35
[11:59] {bruce} dino - eev possible long- thin
[11:59] {curtisweese} there it goes! run forrest...i mean msft run.....just give me a scalp and i will love you
[12:00] {dino} hmmm dk
[12:00] {dino} iesc?
[12:03] {bruce} yes - iesc looks short- prefer to see it show some weakness
[12:04] {bruce} you still short eqix - looks like it watns more long
[12:05] {dino} y unbfortunately
[12:05] {dino} going to hit my stop
[12:05] {dino} stopped
[12:06] {bruce} sorry - sucks - stopped me too
[12:06] {curtisweese} Curtis has been taken off the watch list.....quit watchin me!
[12:07] {bruce} dxd long on .20 break?
[12:07] {curtisweese} jeez etfc
[12:07] {bruce} forget it - hasn't dropped far enough
[12:08] {dino} ultra short
[12:08] {curtisweese} short bsc? deal gonna close april 8th they say?!!!
[12:08] {dino} dow 30
[12:09] {bruce} k
[12:10] {bruce} fxp may be worth another try long
[12:10] {dino} magoo's killing my diet, he just had chili dogs delivered
[12:10] {bruce} ah shame
[12:11] {bruce} you can always them them down dino
[12:11] {curtisweese} there bsc drops...crap...knew it
[12:11] {bruce} and just watch mags eat em
[12:12] {dino} i can't resist today
[12:13] {magoo} the paulie pak
[12:15] {bruce} personally - I can resist anything except temptation
[12:15] {dino} iesc s .02
[12:17] {curtisweese} finally microsoft gets postive for the day again...jeez!!!! killin me
[12:18] {curtisweese} now if it can just get up 2.88% with the rest of the market...come on!!!
[12:30] {curtisweese} why didn't i just buy aapl and sit on it with a trailing stop....waaaaaa
[12:30] * dptl slaps ThurstonHowellTheThird around a bit with a large trout
[12:30] {dptl} .
[12:36] {dino} sm l fmcn .00
[12:37] {dptl} wierd....slaped Thurston and computer got frozen..
[12:39] {Threei} universe's payback
[12:40] {dptl} looks like:)
[12:40] {bruce} fmcn sto-p at .65 orso dino?
[12:41] {bruce} he's got professor in his corner dp
[12:42] {dino} y
[12:43] {curtisweese} talking heads are pumping rimm right now
[12:44] {Threei} btw guys, follow-up to previous post:
[12:44] {Threei}
[12:44] {Threei} leave RIMM alone until it consolidates and breaks 112, and go read it
[12:47] {Threei} RIMM becomes good candidate if breaks while holdin'g above .70
[12:48] {magoo} 12 trigger?
[12:48] {Threei} 112
[12:51] {curtisweese} yay...msft is going to break HOD...come on! make me look smart
[12:52] {Threei} lol
[12:52] {Threei} curtis, when you are done with MSFT dcc me please
[12:52] {curtisweese} doh!!! it hit it and bounced off like a rubber ball :(
[12:52] {Threei} ah come on RIMM, trigger already
[12:53] {curtisweese} i break HOD, you break 112...deao
[12:53] {curtisweese} deal i mean
[12:53] {Threei} and don't forget to go to 113 when you do
[12:53] {Threei} 114 won't offend me either
[12:53] {Chaeron} (120)
[12:53] {Threei} that will be rather rude
[12:53] {Threei} since there is no way I would be able to keep it for that long :)
[12:54] {dino} stopped fmcn
[12:54] {Chaeron} shoot
[12:54] {bruce} yes - same dino
[12:54] {Threei} yeah, invalidated for now
[12:55] {bruce} fmcn may bounce long near here
[12:56] {dino} maybe
[12:56] {curtisweese} vad, will you look at msft...should i get out now? i doubled down at 29.10 so my average is about 29.15 at the is at top now, so confused on what to ...hahah..i'm usually at bottom
[12:56] {Threei} you know what
[12:56] {curtisweese} my stop is now 29.22
[12:56] {Threei} doubling down is so bad thing to do,
[12:57] {curtisweese} well..there were other reasons
[12:57] {Threei} bounce that makes you even or profitable must be taken as a gift
[12:57] {Threei} and taekn with gratitude
[12:57] {curtisweese} good point
[12:57] {Threei} no matter what happens next
[12:57] {Threei} in overwhelming majority of cases averaging down is getting punished
[12:59] {Threei} curtis, dcc please
[13:00] {bruce} iesc may be short try again
[13:00] {bruce} eqix too dino
[13:00] {curtisweese} threei, i tried, but i'm doing it wrong i guess. click on your name, then dcc then...?
[13:00] {Threei} just doubleclick on my name
[13:01] {Threei} window will pop up
[13:01] {Threei} type in it
[13:05] {patience} gm RT :) Bruce, when you have a moment, please dcc
[13:05] {dino} most likely bruce, i'm just getting rinsed all day
[13:06] {dino} look fmcn now, sheesh
[13:06] {dino} brb
[13:07] {bruce} yes - watching - moved enough to stup us then continue
[13:07] {curtisweese} okay, back from my dcc where threei taught me the secrets of the market
[13:09] {curtisweese} market wants to go higher still?! wow
[13:10] {Threei} hard to say here
[13:10] {Threei} hesitates
[13:16] {Threei} guys, who is using laser,
[13:16] {Threei} have a look at V daily please
[13:16] {magoo} me
[13:17] {Threei} do you see crazy spike on its first day or your daily is normal?
[13:17] {Chaeron} normal
[13:17] {magoo} norm
[13:17] {Threei} hmmm... just me then
[13:17] {Threei} ty
[13:17] {judijim} we use laser also
[13:17] {Chaeron} even tho when I scroll over it it shows a hi of 199,000
[13:18] {Chaeron} that was my buy
[13:18] {Chaeron} :)
[13:18] {Threei} lol
[13:18] {curtisweese} lol!!
[13:18] {Laserdave1} yoru buy?
[13:18] {Chaeron} only 100shares... it's ok
[13:18] {Laserdave1} it was my sell
[13:18] {Chaeron} great job Dave :)
[13:18] {Laserdave1} why ty:)
[13:23] {Threei} BSC, 50/50 trade:
[13:24] {Threei} .99 short, .11 stop
[13:24] {Threei} only if you feel like going for coin toss
[13:24] {dino} iesc you were right bruce
[13:24] {curtisweese} you didn't short up around 13 because it was risky to keep going up at that point?
[13:25] {Threei} just didn't see any setup, and it was scorching hot
[13:26] {Threei} calmed down a bit now... still can pick up the pace, but stop is tight enough here
[13:26] {bruce} yes - hope you got it
[13:28] {Threei} invalidated
[13:32] {Threei} meaningless wandering within a channel... rather a scalp from low to high and back than breakout/breakdown at this point
[13:33] {Threei} we had a very good morning, no need to press now
[13:34] {Threei} keeping an eye on ESLR
[13:34] {Threei} no firm idea of a trade yet
[13:37] {curtisweese} bsc down at 12 again
[13:47] {curtisweese} my stop on msft is at 29.25...don't hit it!!! lol
[13:56] {magoo} vad, AAPL & RIMM
[13:57] {Threei} no read on either mags
[13:59] {Threei} RIMM needs 112 broken to become frenzied player again
[14:00] {Threei} but it's way too far from there
[14:00] {Threei} if market spikes, can take it aggressively of course
[14:00] {Threei} 60 break...
[14:00] {Threei} if holding above .40
[14:01] {Threei} so-so play, honestly
[14:01] {Threei} BSC however... picks up pace again
[14:03] {Threei} good thing RIMM invalidated
[14:03] {Threei} I would be fighting myself to take that trade
[14:04] {dino} eqix s break of .50
[14:06] {dino} infn sm s .70
[14:11] {judijim} what about amzn if hits 77.00
[14:11] {curtisweese} doh my stop is in jeopardy at 29.25....hold on bill hold on
[14:13] {judijim} forget amzn, we were watching:(
[14:17] {Threei} way too far from there, AMZN
[14:31] {Threei} watching GILD
[14:32] {Threei} .94 long if stays above .80
[14:39] {curtisweese} back!
[14:40] {curtisweese} ohhh.....bill has his company at the HOD, but can he break it.....stay tuned for scenes from next week's episode
[14:40] {curtisweese} i'm trying not to trade so much, but i'm just bored now :(
[14:41] {Threei} uh oh
[14:41] {Threei} bored curtis - that's something to be scared of
[14:41] {lumdus} curtis, better to be a bored rich man that a poor active man. In short, don't trade because you are bored. Go pick on your wife instead ..
[14:42] {curtisweese} hahhaah......look at msft....i should unload probably here....hmmmmm....i have held it for hours
[14:42] {bruce} hmm vad - that doesn't sound like a winningstrategy either
[14:42] {bruce} how about fighting w neighbour?
[14:42] {Threei} neither does kicking your cat
[14:43] {curtisweese} i have two cats! here kitty me break the HOD
[14:43] {Threei} and I would take great offense on behalf of cat
[14:44] {dino} lol lum
[14:44] {curtisweese} woot! got it i just want msft to be up half as much as nasdaq :(
[14:44] {curtisweese} i mean percentagewise, not pointwise
[14:45] {Threei} points would be even better
[14:45] {curtisweese} hahah...moved my stop up to .29....lockin in profits Vaddy-D style!
[14:46] {Threei} lock'em da profits
[14:46] {Threei} da profits are to be locked
[14:48] {curtisweese} that BSC short would have been nice at 12 :(
[14:48] {curtisweese} prolly still nice at 11.73, but i'm chicken
[14:49] {Threei} it went to 12.50 before triggering
[14:49] {Threei} where would you place a stop...
[14:49] {curtisweese} losing like 20k
[14:50] {Threei} WM
[14:51] {Threei} uh oh
[14:51] {Threei} RIMM
[14:51] {Threei} JIM CRAMER MAKING POSITIVE COMMENTS ON THE STOCK - CNBC- Suggests buying stock ahead of next weeks earnings report.
[14:51] {Chaeron} oi
[14:51] {Threei} oy it is
[14:51] {lumdus} did jim cramer suggest to buy BSC ?
[14:51] {Threei} if history is any indication... RIMM goes to 60 {G}
[14:51] {Threei} yes lum...
[14:52] {curtisweese} stopped out of msft made $.18 sheesh that took awhile
[14:52] {Threei} beter than poke in the eye
[14:54] {Threei} GILD invalidated
[14:55] {Threei} breakout on daily remains very attractrively looking, hopefully finishes close to high today and lets us in tomorrow
[14:55] {curtisweese} s aapl super tight stop
[14:58] {curtisweese} out aapl short made $.12
[14:59] {curtisweese} omg...out a second too early again...jeez
[15:03] {bruce} xmsr spike
[15:03] {Threei} XMSR
[15:03] {Threei} SIRI merger approval
[15:05] {dino} cov eqix .00, +.50
[15:09] {curtisweese} s aapl 139.42 tight stop
[15:09] {curtisweese} out lost .13
[15:09] {Threei} SIRI practically baack into support
[15:10] {Threei} traded at 3 before news
[15:10] {Threei} looks scalpable with 2.95 stop
[15:11] {patience} bruce, please see dcc
[15:13] {judijim} for us had + day, see u earlier tomorrow!
[15:14] {Threei} SAIRI 1:1 if you took .08
[15:14] {Threei} take care judijim, good job
[15:14] {Threei} can I call you jj?
[15:14] {judijim} yes
[15:14] {Threei} ty
[15:15] {Threei} (my is lazy typist... lousy too)
[15:15] {Chaeron} true dat
[15:15] {Threei} and abbreviation dj jj looks so cute to me
[15:15] {Threei} sorry, meant: gj jj
[15:15] {Chaeron} "cute" .......... ?
[15:15] {Threei} proof of concept re: lousy typist
[15:16] {Threei} try to say it chaeron
[15:16] {Threei} rolls of the tongue
[15:18] {curtisweese} s nvda?
[15:18] {Threei} not much indication either way
[15:20] {bruce} taking break
[15:25] {curtisweese} what about SIRI here at 3.07 ??
[15:25] {Threei} I don't like that it returned into this support again
[15:26] {Threei} it weas easy play first time around
[15:26] {Threei} coin toss this time
[15:27] {Threei} play to my liking would have been if it bottommed out at .15 and broke .21
[15:27] {curtisweese} looks like you are right
[15:28] {Threei} can you hear the scream of 3.89 buyer?
[15:28] {curtisweese} lol...yeah
[15:28] {Threei} market order on news...
[15:28] {curtisweese} crazy that they get past a big hurdle with merger and then it dives
[15:29] {curtisweese} here it goes again up.....hmmmm
[15:29] {Threei} dunno... I won't touch it
[15:30] {lumdus} curtis i have no analysis in my column today of bsc. unfortunately i got out at 10.00 instead of 13.85 but hey a good 7.00 is always a pleasure
[15:30] {curtisweese} yeah...i'd say you did alright!
[15:30] {Threei} pleasure?
[15:30] {Threei} that's understatement of the century
[15:31] {Threei} ecstatic joy is more like it, and even that is not reflective enough
[15:31] {lumdus} vad, i have to admit it. I was very nervous all weekend. went through at least 10 advils. wasn't easy at all. But it was well worth every single penny.. I couldn't trade today in my regular account since i maxed out with a margin call on my bsc shares.
[15:32] {Threei} what can I say... all is well that ends well
[15:32] {lumdus} had to use my charles schwab account using street pro crap
[15:32] {curtisweese} made a killing though....take a break for sure!
[15:33] {lumdus} always looking for the next killing.
[15:36] {dptl} i had uneasy weekend too....bearly sober for three days:)
[15:37] {Threei} meaning, tough hangover?
[15:37] {lumdus} i tried that on friday, wasn't too easy.
[15:37] {dptl}
[15:37] {Threei} told ya bathtub vodka no good for your health
[15:38] {dptl} lol
[15:39] {Threei} .15 - .21 setup is back on SIRI
[15:43] {Chaeron} SIRI teasing us
[15:43] {dptl} 17 min left...
[15:44] {Threei} TILL YOUR NEXT SHOT DP? {g}
[15:44] {Threei} sorry caps
[15:44] {dptl} roflol......having beer.....
[15:44] {Threei} yeah... don't drink and trade
[15:45] {Chaeron} so even tho he's on his 7th beer, that doesn't count?
[15:45] {Threei} it doesn't, simply because he can't count after 5th
[15:46] {Chaeron} heheheh
[15:46] {dptl} lol
[15:46] {curtisweese} l aapl 139 super tight stop...just an end of day try and trade
[15:47] {Threei} XMSR trying to break 14, should help SIRI is does
[15:47] {curtisweese} nice....that will get me closer to my entry at 3.89
[15:48] {curtisweese} just kiddin
[15:48] {Threei} lol
[15:49] {Threei} come on XMSR... on behalf of buyer above 15, could you at least break 14?
[15:49] {curtisweese} stopped out .12
[15:50] {Threei} who still hasn't read last two blog posts, you better do it after close today
[15:50] {Threei} or else
[15:52] {Threei} wow... I successfully scared everyone
[15:52] {dptl} have a good evening all....ty. Vad... good day today:)
[15:53] {Threei} take care dp, Alka Zeltzer is your destiny today :)
[15:53] {dptl} :)
[15:53] {Threei} and no, it's not a female neighbour's name
[15:53] {curtisweese} weird that msft didnt move anywhere today
[15:54] {dptl} ooo good to know...:)
[15:55] {curtisweese} jeez i set my stop barely too tight on that last aapl hit and executed and then stock goes up.....70
[15:55] {curtisweese} i think i sold at the low...sweeeeeet
[15:58] {Threei} Ok guys, good day today, which is not foten happens on Mondays
[15:58] {Threei} thank you all
[15:58] {Threei} have a good evening, see you tomorrow
[16:01] {dino} take care all

Thursday, March 20, 2008

Mar 20 2008

Session Time: Thu Mar 20 00:00:00 2008

[08:31] {Onix} Good morning
[08:32] {Onix} well .. at least I hope it is going to be a good morning!
[08:34] {Threei} Good morning
[08:35] {Threei} *INITIAL JOBLESS CLAIMS: 378K V 360KE; CONTINUING CLAIMS: 2.865M V 2.840ME
- Prior Initial Jobless Claims revised from 353K to 356K
[08:35] {Threei} - Prior Continuing Claims revised from 2.835M to 2.833M
[08:45] {magoo} mornimng
[08:45] {Threei} magoo :)
[08:49] {magoo} hello scanner says account expires in 2 days ?
[08:50] {Threei} please dcc me your username, I'll check up on this
[08:51] {magoo} the "connected as?"
[08:51] {Threei} yup
[08:52] {magoo} sent
[08:52] {magoo} oh, i emailed
[08:53] {Threei} got it
[08:56] {Threei} check noqw
[08:57] {magoo} wow..your good...186 days ..TY
[08:58] {Threei} welcome :)
[08:58] {Threei} anyone ever traded or observed ABK?
[09:00] {dptl} good morning all
[09:00] {Threei} dp :)
[09:00] {magoo} we played it
[09:00] {Threei} ugh, sorry, wrong symbol
[09:00] {Threei} ABX
[09:01] {Threei} Barrick
[09:02] {Threei} lost major support
[09:02] {Threei} overall has this look and feel of big unwinding
[09:02] {Threei} gotta watch to get a feel for how it trades
[09:03] {tomg} gm all
[09:03] {Threei} tom :)
[09:08] {esemde} good morning/
[09:08] {Threei} ese :)
[09:09] {dino} gm all
[09:09] {Threei} dino :)
[09:10] {dino} abx gold stock
[09:10] {Threei} yup, Barrick
[09:10] {dino} gold lost about 6% yesterday, thats about $60/ounce
[09:10] {Threei} not gold stock... THE gold stock :)
[09:11] {dino} hmmmm, 3i getting emotional
[09:11] {patience} i trade Barrick frequently, mostly options....Barrick broke below $48...and is in trouble. Bought puts in ABX and other golds this week
[09:11] {GeoArb} gm all
[09:11] {Threei} geo :)
[09:11] {patience} gm btw :)
[09:12] {Threei} morning patience :)
[09:12] {dino} patience, your nick should be the oracle
[09:12] {patience} nope, i just spend alot of time reading lol
[09:13] {dino} :)
[09:13] {Threei} see... I always knew it was good for you to know letters and have the skill to put them together so they form words
[09:13] {Threei} also, to read makes us speak English good
[09:15] {Threei} (poor Raven)
[09:16] {Raven}
3 {}
[09:16] {bruce} are thre options in bsc - if so shoulda bought puts a week or so back
[09:17] {Threei} better yet, on 10/052007
[09:17] {Threei} V
[09:17] {Threei} now, why would they do that
[09:20] {ThurstonHowellTheThird} gm all
[09:20] {Threei} thtt :)
[09:22] {magoo} vad, quick ?
[09:22] {bruce} big drop into support bvn yesterday dino
[09:22] {magoo} when u make call..say loss of ..99
[09:23] {magoo} are u watching and entering manually or is there som limit order auto?
[09:23] {Threei} manually
[09:23] {Threei} you can set auto via OMS I believe
[09:23] {magoo} cause i keep missing enntries
[09:23] {magoo} have to chase a little
[09:23] {Threei} this is a matter of a stock being thick enough for entry
[09:23] {magoo} 'seems they are sitting and then woosh
[09:23] {Threei} not the manual vs auto
[09:24] {Threei} if there are no bids to hit, however you send it won't make a difference
[09:24] {magoo} like JPM sh last afternoon...u said like .99..woosh
[09:24] {Threei} that's why my limits are a bit beyond the price I want
[09:24] {magoo} it went thru it to .89 in blink.. i missed
[09:24] {bruce} isn't that the way it goes mags? - the ones that really break deciseively tend to best winners
[09:25] {bruce} but don't give muchchance to enter w/out chasing
[09:25] {Threei} it's simply a matter of defining how far you are willing to chase, setting order there and adjusting your size accordingly
[09:26] {Threei} if there are shares available at better price you'll get them
[09:26] {magoo} how far do u recommend chasing?..say on that JPM
[09:26] {Threei} if not, you'll get your limit
[09:26] {Threei} and if no shares even there, oh well
[09:26] {Threei} my usual is 3-5 cents
[09:26] {magoo} ok..
[09:26] {magoo} see V spike
[09:26] {Threei} if it wooshes by I wait a little for possible bounce
[09:27] {Threei} if it continues decisively not giving me a fill I cancel
[09:27] {dino} bvn commodity stock
[09:27] {bruce} k
[09:27] {bruce} pot as well - looks like reversal candidate
[09:29] {bruce} same pattern mon
[09:29] {magoo} vad, how come we haven't been playing QID lately?
[09:29] {Threei} you've seen much pattern following in NASDAQ chart? :)
[09:30] {dino} nov interesting, apol watching
[09:30] {bruce} k
[09:31] {dino} ibn downgrade
[09:31] {Threei} watching ABX bounce with idea of short at 43.05
[09:31] {Threei} 43 limit for order
[09:31] {Threei} if sets up from here stop above .30
[09:31] {bruce} crox vad
[09:32] {Threei} got .05
[09:32] {magoo} see.i didn't get that
[09:32] {Threei} half out .66
[09:32] {Threei} stop 43.10
[09:33] {Threei} out
[09:34] {Threei} how did you send it magoo?
[09:35] {Threei} welcome to cold war, part 2
[09:36] {GeoArb} vad.... you and putin need to talk...
[09:36] {dino} sit him in the clink for a year before deciding what to do
[09:36] {GeoArb} really....
[09:36] {Chaeron} GM all
[09:36] {Threei} chaeron :)
[09:36] {cosmo} espionage is the worlds second oldest profession...
[09:36] {bruce} lol cosmo
[09:37] {Threei} 07:01am [IDMI] Reports Q4 -$0.11 v -$0.26e, R $5.6M v $3.2M
[09:38] {Threei} couldn't read re-entry for ABX, bounce was a bit too wide
[09:40] {Threei} MF .50 break short
[09:40] {Threei} over .65 invalidated
[09:41] {Threei} .61 stop
[09:42] {magoo} in that
[09:42] {Chaeron} here too
[09:42] {magoo} if bruce is also..kiss of death
[09:42] {magoo} the 3 of us
[09:43] {magoo} vad, news BIDU?
[09:43] {magoo} down 70 points in 6 days
[09:43] {dino} fwlt blood
[09:44] {Threei} half out MF
[09:44] {bruce} im in mags - sorry
[09:44] {Threei} +.29
[09:44] {Threei} stop .51
[09:45] {Threei} even bruce couldn't kill this play, that's how good it was {G}
[09:45] {bruce} out mf =.20
[09:45] {dptl} +.16 for me mf ty
[09:45] {GeoArb} .2 for me TY
[09:45] {magoo} out TY vad
[09:45] {Threei} welcome guys
[09:46] {bruce} I should just announce the ones I neter so you folks can bail immediately
[09:46] {Threei} yeah, and leave you to profit alone?
[09:46] {Threei} out balance
[09:47] {Threei} got greedy a bit
[09:47] {bruce} I'm not greedy
[09:47] {Threei} had bid for second half at .05
[09:47] {Threei} and thing bottomed at .08
[09:47] {bruce} I thought a drop to 8 was reasonable in it but gald I dumped when it started to spike
[09:48] {Threei} everyone forgot about VLNC swing trade alert from yesterday I am sure
[09:49] {bruce} ibn looks like possible long now dino
[09:50] {dino} thinking same
[09:51] {dino} no, cx that, was thinking bvn
[09:51] {dino} ibn, i want yo short near hod
[09:51] {bruce} k
[09:51] {bruce} watching it too - ibn had a spike needs to drop again
[09:52] {bruce} mon had nice dump and recovery but don't see any way to have played it
[09:52] {dino} missed
[09:53] {Threei} FDRY .70 break long
[09:55] {bruce} if fdry breaks looks like stop needs to be .57 or so - what you thinking vad?
[09:55] {Threei} watching this pullback to define stop
[09:55] {bruce} k
[09:55] {dino} gold -$30 more bucks
[09:56] {Threei} ABX 43 resistance
[09:56] {Threei} worth a shot on short side, small shares
[09:56] {Threei} stop above 43
[09:57] {Threei} with attempt to hold it for bigger move
[09:57] {dino} bvn sm l .34
[09:57] {magoo} entry?\
[09:57] {magoo} ABX entry?
[09:58] {Threei} it has no trigger
[09:58] {Threei} as close to 43 as you can get, small shares
[09:58] {Threei} so you would be comfortable with stop
[09:58] {bruce} k- wondered if you had entered it already vad
[09:58] {Threei} .73
[09:59] {Threei} and VLNC .24
[09:59] {Threei} VLNC not a day trade most likely
[09:59] {Threei} SOLF TICKING HIGHER ON TAKEOVER CHATTER- Sunpower rumored as potential acquirer{
[10:00] {bruce} k
[10:00] {hawkfan4} grabbed vlnc at the close yesterday vad, .09
[10:00] {Threei} *FEB LEADING INDICATORS: -0.3% V -0.3%E- prior revised from -0.1% to -0.4%
[10:00] {Threei} *MARCH PHILADELPHIA FED INDEX: -17 V -19E
[10:00] {dino} oih $ move
[10:00] {dino} uip
[10:00] {dino} up
[10:01] {Threei} FDRY stop .59
[10:03] {dino} out bvn 66.34, +2.00
[10:03] {Threei} stopped ABX
[10:04] {dino} tough crowd
[10:04] {hawkfan4} nice dino :)
[10:04] {bruce} wow dino
[10:04] {bruce} you must have cuaght alost exact bottome bvn
[10:04] {dino} ty, bruce's spot
[10:05] {dino} i posted see above 64.34
[10:06] {dino} ibn you were right, i was wrong
[10:06] {dino} never entered
[10:09] {dino} gtls
[10:09] {curtisweese} l aapl 130.47 morning!
[10:09] {bruce} we'll find more
[10:09] {Threei} morning curtis
[10:10] {Threei} VLNC, my little beauty
[10:13] {esemde} NUAN long 18.24 1/2
[10:13] {Threei} looked at it too ese, and missed
[10:14] {Threei} looks promising
[10:14] {esemde} just barely got in Vad......didn't think I was going to get in either
[10:15] {esemde} I think I have goofy broker ...get these weird fills
[10:16] {Threei} scalpers can trail FDRY stop to .64
[10:17] {dino} who's your broker, disney?
[10:17] {Chaeron} lol
[10:17] {esemde} I think so dino....
[10:18] {esemde} Questrade in Toronto
[10:19] {curtisweese} jeez dino... +$2?!?!?! nice!
[10:20] {dino} lucky
[10:21] {bruce} bvn still looking long dino - would prefer an entry near 66
[10:23] {Threei} beautiful NUAN
[10:23] {bruce} what do y9ou think of ptr long dino?
[10:24] {dino} 65.50
[10:24] {dino} bvn
[10:24] {Threei} FDRY almost 1:1
[10:24] {esemde} OUT NUAN .49 + .25
[10:24] {Threei} wtg
[10:24] {esemde} 1:1
[10:24] {dino} trades w/oil, petro china
[10:24] {bruce} k
[10:24] {esemde} worked like a diagram that time....
[10:25] {esemde} it's going higher though
[10:25] {dino} pull the oih use it as a guide
[10:26] {bruce} abx looks long vad
[10:26] {bruce} got it up dino
[10:26] {dino} odfl thoughts
[10:27] {curtisweese} out aapl made .51
[10:28] {bruce} 2 buck spike in cree dino- may have short potential
[10:29] {dino} can't borrow cree for me
[10:29] {bruce} would hate to go long odfl long here
[10:29] {dino} i like it short here fwiw
[10:30] {bruce} I like itshort - but inclined to wait for it to start fading
[10:30] {curtisweese} l aapl 130.59
[10:31] {bruce} risk is small if we truy short here
[10:31] {bruce} just as well we waited - breaking some new highs
[10:32] {dino} cree?
[10:32] {dino} i was talking cree
[10:32] {dino} ibn break of .00 s
[10:33] {bruce} l abx .36 w 20c stop
[10:33] {dino} oih hod
[10:35] {dino} risky, sm l drys .10
[10:35] {bruce} stopped abx
[10:35] {esemde} morning patience........did the power just go out at your place.....mine just went out over here?
[10:39] {bruce} l exz at74 15c stop
[10:41] {bruce} stopped ewz - drat
[10:41] {dino} drys stopped
[10:41] {dino} -.50 sm
[10:43] {bruce} sorry dino - I hate drys - never had winning trade in it
[10:44] {dino} nov l .50, stop .18
[10:45] {dino} mdvn
[10:45] {dino} drys off my screen
[10:47] {Threei} RIMM .41 long if holding above .25
[10:48] {curtisweese} i'm still long aapl...stuck in pretty much even :(
[10:48] {Threei} over 1:1 RIMM
[10:49] {dino} out nov
[10:49] {dino} +.54
[10:50] {curtisweese} dino is on fire!
[10:50] {Threei} that's his usual state
[10:50] {dino} somebody save me, the mask
[10:51] {Threei} we normally keep fire-extinguisher around him
[10:51] {bruce} nice one dino
[10:52] {Threei} out RIMM in full +.54
[10:52] {GeoArb} missed rimm.... did 42 limit
[10:52] {GeoArb} must be doing something wrong
[10:52] {Threei} 1 cent is a bit too small for volatile stock
[10:52] {GeoArb} :)
[10:53] {magoo} out 07 rimm TY
[10:53] {Threei} welcome
[10:53] {Threei} VLNC makes my day
[10:53] {Threei} new 52 week high
[10:54] {dino} mdvn l .00, stop .83
[10:54] {curtisweese} out aapl made .24
[10:55] {curtisweese} s aapl stop at 131.05
[10:55] {Onix} Enjoy .. gotta go to regular job now
[10:56] {bruce} l apol 55.09 - stop 15c
[10:56] {dino} bid falling out of avtr
[10:56] {Threei} take care onix
[10:56] {dino} later onix
[10:57] {curtisweese} out on aapl...had a weird fill and bailed on everything :)
[10:58] {dino} rrgb
[10:59] {tomg} brcm vad?
[10:59] {Threei} if market spikes here it's scalpable
[11:00] {tomg} ty
[11:00] {Threei} I wouldn't count on more, this one requires sizeable rally to move bigger
[11:00] {Threei} rally very well may be in cards
[11:01] {Threei} but there is no really way to tell the odds
[11:02] {tomg} have to leave soon, better stay out
[11:02] {Threei} anyone took VLNC?
[11:03] {Threei} I didn't provide timely commentary on partialing out thinking that no one did
[11:03] {Threei} let me know if there is a need
[11:03] {hawkfan4} in vlnc from .09
[11:03] {Threei} from yeasterday?
[11:03] {hawkfan4} yep
[11:04] {Threei} I dumped half at .44
[11:04] {tomg} have a nice weekend everyone
[11:04] {Threei} but I had a bit too big position initisally for comfortable holding
[11:04] {curtisweese} bye tom!
[11:04] {Threei} take care tom
[11:04] {esemde} you figurew VLNC has more upside VAD
[11:04] {curtisweese} people sell on short weeks?
[11:04] {curtisweese} 4 day weeks i mean? at end of day?
[11:04] {Threei} feels this way ese
[11:05] {Threei} curtis... depends
[11:05] {Threei} some sell... sme buy
[11:05] {curtisweese} oh...ok...thanks for clarifying hahahahha
[11:05] {Threei} you didn't think it was that simple, did ya? :)
[11:06] {Threei} if tyhere was such certain pattern, everyone would use it and make milions in one day
[11:07] {Threei} question remains, who would have taken the other side of their sells
[11:07] {Threei} since pattern is so certain, why would anyone buy :)
[11:07] {curtisweese} cuz me dumb
[11:07] {curtisweese} l aapl here :)
[11:08] {curtisweese} all aboard the aapl bandwagon!
[11:09] {Threei} {AAPL} hey, don't pile up on me
[11:09] {curtisweese} tight stop...but it's free money :P
[11:10] {bruce} half out apol +.40
[11:10] {Threei} wtg bruce
[11:10] {Threei} what's free money?
[11:10] {curtisweese} nice bruce!!!
[11:10] {curtisweese} aapl at 130.34 there....bottom of it's channel for last hour or so
[11:11] {curtisweese} i mean channel it's following for last hour
[11:11] {bruce} thanx peoples
[11:11] {Threei} yep, I see it
[11:11] {curtisweese} but might fall below now :(
[11:11] {curtisweese} jinxed myself
[11:11] {Threei} market drop takes it down
[11:12] {curtisweese} hahah market slaps me in the face!
[11:14] {dino} rrgb s .76 sm
[11:20] {dino} mdvn stop to .89 not working
[11:23] {Threei} dino
[11:23] {Threei} believe it or not... canadian TV talks about Constanza trading
[11:24] {dino} opposites
[11:24] {dino} ?
[11:24] {Threei} yup
[11:24] {curtisweese} i will have the tuna. my name is george, i don't have a job and i live with my parents
[11:25] {Threei} but they actually applied this terminology
[11:25] {dino} too funny, but actually makes sense, average person will be wrong so go contrary
[11:25] {curtisweese} come on aapl....break this upper resistance darn you!
[11:25] {dino} stealing our lines vad
[11:26] {Threei} no kidding... who is in here CCBC spy, confess
[11:26] {dino} ok, somebody kick rrbg in the nuts so it will drop
[11:27] {Threei} FDRY almost 1:2
[11:27] {Threei} feel free to take profit
[11:27] {curtisweese} i will have some if you are handing it out
[11:28] {Threei} I just call'em... FDRY hands it out
[11:28] {GeoArb} vad's gracious heheh
[11:28] {Threei} ain't I always {G}
[11:28] {bruce} out balance apol +.93
[11:28] {Threei} bruce is killing it today
[11:29] {curtisweese} awesome bruce!!!
[11:29] {dino} wtgb bruce, in the zone
[11:29] {bruce} just lucky vad
[11:29] {bruce} thanx dino
[11:29] {Threei} you know who luck favors
[11:29] {bruce} yes - curtis
[11:29] {Threei} lol
[11:29] {GeoArb} lol
[11:30] {curtisweese} hahahaha
[11:30] {dino} ceph
[11:30] {curtisweese} hopefully some of you jumped in aapl
[11:30] {dino} cancer approval
[11:30] {curtisweese} for a little scalp :P
[11:31] {bruce} on radar dino
[11:33] {dino} hmm was thinking long
[11:35] {judi} checking in from Judi and Jim, Judi's off to psychology practice, Jim's tuned in
[11:35] {curtisweese} how does that make you feel?
[11:36] {Threei} hi Jim
[11:36] {dino} sm l .70
[11:37] {judi} good morning Vad and all
[11:37] {Threei} missed a few nice ones
[11:37] {GeoArb} yeah vad's on fire
[11:37] {GeoArb} i erased yesterday AND the day before's shame
[11:38] {dino} gj geo
[11:38] {Threei} gosh... is fella allowed to have couple lukewarm days around here
[11:38] {dino} penx, fcsx blood
[11:38] {GeoArb} :D
[11:38] {Threei} :)
[11:38] {Threei} FNCM lost its mind
[11:39] {bruce} still lookingat ceph dino?
[11:39] {bruce} retrace long near here imo
[11:40] {dino} see above sm l .70
[11:40] {dino} 63.70
[11:41] {dino} strange it won't go on that news
[11:42] {bruce} or else mms having some fun right now w nasty head fake
[11:42] {judi} Judi and I have agreed that I only watch when she is not here because of a couple bad days (:
[11:42] {dino} ok reuters out w/it now
[11:42] {judi} only temporary
[11:42] {dino} don't think naz has mm's
[11:42] {bruce} wow - more than head fake there - maybe some new news
[11:43] {Threei} not that I see
[11:43] {dino} stoppig -.40 sm
[11:44] {bruce} k - I was just abpoiut to enter when it tqanked
[11:44] {bruce} its a nice entry near 63 again but I'd like to see it calm down and drift to there
[11:44] {dino} dk on it
[11:45] {dino} fcsx?
[11:45] {dptl} it's a long weekend,right?
[11:46] {bruce} ewz looks short on .50 break
[11:46] {Threei} yes dp
[11:46] {Threei} Good Friday
[11:46] {Threei} although if you ask me, any Friday is good
[11:46] {dptl} open monday?
[11:46] {Threei} yup
[11:46] {dptl} ty
[11:46] {curtisweese} wow look at aapl!!
[11:46] {curtisweese} dove like $1
[11:47] {bruce} missed ewz -moved too fast
[11:47] {dino} nihd
[11:48] {Threei} NASNY
[11:48] {Threei} EXEC: MARCH SALES TRACKING COMPANY OBJECTIVES 'AMAZINGLY' WELL TO DATE- Expect to gain US market share in March
[11:48] {Threei} NSANY
[11:48] {Threei} I knew there was a reason I liked Nissan... both cars in the family are from them
[11:50] * bruce slaps Threei around a bit with a large trout
[11:50] * bruce slaps magoo around a bit with a large trout
[11:50] {judi} since entering chat room ,havent had an off day though
[11:51] {bruce} q's now at yesterdays lows - breakdown or bounce time?
[11:52] {Threei} magoo... any idea why bruce is bludgeoning us?
[11:52] {magoo} because he can
[11:52] {Threei} feels like breakdown bruce
[11:52] {bruce} k
[11:52] {dino} makes sense
[11:52] {bruce} thanx vad
[11:53] {bruce} thats to vad for not trading tomorrow
[11:53] {Threei} I thought he hated my Nissan
[11:53] {bruce} and to you mags to keep you awake
[11:53] {bruce} no need to thank me
[11:54] {bruce} if we get breakdown nvda and amgn look like short candidates
[11:56] {bruce} nissans are nice vad - toyota better
[11:56] {Threei} I am cold to Toyota
[11:57] {GeoArb} i have always owned mazdas..... zoom zoom
[11:57] {bruce} k - you had one w faulty heater?
[11:58] {Threei} lol
[11:59] {Threei} too boring and and too mainstream for my taste
[11:59] {curtisweese} nvda short? hmmmif below 17.95?
[12:00] {Threei} market getting too jerky here curtis
[12:00] {curtisweese} k
[12:05] {dino} this rrgb remoinds me of bwld yesterday
[12:06] {bruce} ewz long prospect dino?
[12:06] {dino} dk bruce
[12:07] {bruce} k
[12:08] {Chaeron}
[12:08] {Chaeron} too many dang holidays
[12:08] {dino} its a brazil fund, if commodities down i suppose it to, really no idea
[12:09] {bruce} k- you know this stuff by memory?
[12:10] {dino} no, my acct shows it to me automatically
[12:10] {bruce} k- cool
[12:10] {GeoArb} laser? or something else?
[12:10] {dino} schwab streetsmartpro, used to be cybertrader
[12:10] {GeoArb} ah yeas heard of it
[12:11] {dino} watching nov w/oih
[12:15] {curtisweese} market breakdown coming?
[12:15] {Threei} really can't tell here
[12:16] {bruce} extremely narrow range day for q's today
[12:16] {Threei} something or someone supports market every time when it looks like it's ready to melt
[12:16] {dino} l nov .00, stop .67
[12:17] {curtisweese} nvda at top of channel
[12:18] {bruce} l nov at .88 dino
[12:20] {dino} stopped no work
[12:21] {bruce} yep
[12:22] {dino} sorry, gone cold
[12:22] {dino} bvn
[12:22] {bruce} oih dumped
[12:23] {Threei} CIT
[12:23] {Threei} was hatled earlier
[12:24] {dino} credit watch cit
[12:24] {Threei} yeah, and whole bunch of troubles
[12:24] {dino} drawdowns credit facilities
[12:25] {dino} watch other financials
[12:26] {bruce} l adbe .51 stop .44
[12:26] {dino} rrgb bstop to .36
[12:27] {curtisweese} s rimm
[12:27] {dino} make it .31
[12:28] {dino} cov slip .34 +.42
[12:28] {lumdus} vad, is there options expiriation today ?
[12:29] {Threei} hmm
[12:29] {Threei} I don't think so unless I missed something
[12:30] {Threei} which is quite possible
[12:30] {Threei} it's kind of hard to track this things while being in permanent coma
[12:30] {GeoArb} triple witching today
[12:30] {Threei} ready?
[12:30] {Threei} really?
[12:30] {lumdus} trading feels like it today.
[12:30] {dino} schwab said something about sat.
[12:30] {Threei} sheesh... I am out of touch
[12:31] {GeoArb} thats what the stock trader almanac says
[12:31] {Threei} thanks geo
[12:31] {lumdus} yeah, it just felt like that kind of day...
[12:31] {Threei} morning was good
[12:31] {lumdus} so why you in a permanent coma ?
[12:31] {Threei} we had what, one stop?
[12:31] {Threei} I like it lum
[12:32] {GeoArb} interesting econoday says quad witchnig
[12:32] {Threei} great justific ation for being lazy
[12:32] {GeoArb} morning was excellent
[12:32] {lumdus} i logged in the morning, didn't like anything - so i left. came back still don't like anything.. maybe i go away soon.
[12:32] {Threei} blood supply to brain is diminished greatly, which leaves more for stomach etc
[12:33] {curtisweese} does rimm short look right vad?
[12:33] {Threei} stop above .50?
[12:33] {curtisweese} i'm short at 103.25 yeah.... .55 stop
[12:34] {Threei} so far so good, market is helping at the moment
[12:34] {Threei} control risk by partialing out if you want to try and ride it
[12:35] {Threei} it has a good chance for breakdown, just need toat force that keeps market afloat to go away
[12:35] {Threei} you have over 1:1
[12:39] {curtisweese} out rimm short made .47
[12:39] {curtisweese} good timing
[12:40] {Threei} wtg
[12:41] {dptl} jblu?
[12:42] {Threei} chart's right, just too narrow
[12:42] {dptl} ok
[12:42] {Threei} scalp on a small move, maybe
[12:44] {curtisweese} s rimm 103.33 stop .55 or so
[12:45] {dino} omab
[12:46] {curtisweese} out .03
[12:46] {bruce} mer looks short
[12:50] {bruce} mer invalid as short for now
[12:52] {bruce} fcsx dino = possible bounce near here
[12:55] {dino} yes waiting at .50
[12:55] {bruce} k
[12:56] {bruce} bvn possible long here too-
[12:56] {dino} missed at 64.50
[12:56] {dino} reading my mind
[12:56] {dino} fcsx sm l .50, risky
[12:57] {bruce} k - trouble here is may go but may drop quick - your thoughts?
[12:57] {dino} too soon
[12:57] {curtisweese} s mer ....gonna try it here :)
[12:57] {bruce} k
[12:57] {dino} crazy market it was 40 on friday
[12:58] {dino} heck 34 yesterday
[12:58] {esemde} am outta here for a couple of hours....will maybe see you all later
[12:59] {Threei} take care ese
[12:59] {esemde} see ya vad
[12:59] {bruce} bye ese
[12:59] {bruce} good entry curtis - small stop if it doesn't work
[12:59] {curtisweese} die market and mer
[13:01] {dino} eqix?
[13:02] {bruce} looks good dino or bounce
[13:02] {bruce} fior
[13:02] {dino} lol
[13:03] {dino} or, fior = for i guess
[13:04] {bruce} yep - sorry - took my typing lessons from vad
[13:05] {dino} fcsx stop to .19
[13:05] {bruce} lets see if it holds .26
[13:05] {bruce} k - not in yet
[13:05] {dino} out fcsx .17, +.67
[13:06] {dino} rinsed my stop
[13:06] {dino} ohhhh mannnnnnn (as swiper would say)
[13:07] {GeoArb} heh swiper.......i have to watch that with my kids everyday
[13:07] {dino} lol, thats the one
[13:08] {bruce} nice one dino
[13:09] {bruce} nov - possible long from here dino
[13:09] {dino} sm l eqix .50 stop .18
[13:10] {dino} only nov if oih goes
[13:10] {dino} imo, fwiw, lol
[13:10] {bruce} k
[13:11] {dino} rrgb up again
[13:14] {bruce} leqixas well .51
[13:16] {bruce} whats your target eqix? - thinking .80
[13:17] {dino} .90s
[13:17] {bruce} k
[13:17] {Threei} NASDAQ narrowed greatly and started forming descending triangle
[13:17] {curtisweese} what's that mean?
[13:17] {dino} might be expecting too much, but thats me
[13:18] {Threei} NQ breaking 1725 should trigger selloff
[13:18] {curtisweese} good cuz i'm still shorting mer lol'
[13:18] {Threei} unless PTT intrudes again
[13:18] {Threei} PPT
[13:18] {Threei} my typing becomes worse and worse
[13:19] {dino} ptt=profit tag team
[13:19] {Threei} all pessimists saying it couldn't get any worse are being put to shame
[13:19] {Threei} it CAN!
[13:20] {dino} auxl?
[13:21] {dino} wouldn't that be optimists
[13:22] {Threei} I'll have to ponder that over weekend
[13:22] {Threei} providing I get enough blood/oxygen supply to brain
[13:23] {curtisweese} out mer short lost .20
[13:23] {dino} i intend to get the alcohol ratio up
[13:24] {dino} eqix maybe you're right bruce
[13:26] {bruce} we'll see - stuck now if it break .75 now thinking it'll go to 58- break is the ?
[13:30] {dino} nov l .25 careful
[13:37] {curtisweese} l ceph 63.74
[13:37] {curtisweese} not very much movement but i need a break and want to own something....hahahaa
[13:38] {curtisweese} seems like it should have moved up more with that news.....stupid news
[13:38] {dino} out nov .75, +.50
[13:40] {dino} magoo's gonna be pissed on ceph at 63.74
[13:40] {magoo} :)
[13:40] {curtisweese} i got out right away...don't want to be handcuffed to it
[13:41] {dino} its all about the size play in this market magoo
[13:41] {dino} prevent rinses
[13:42] {bruce} nice one dino
[13:42] {bruce} just dumped eqix+.20
[13:42] {dino} gj
[13:42] {dino} you missed nov? oih gave the entry
[13:43] {bruce} I wanted 58 but \kept struggling at .80 level
[13:43] {bruce} yes - only doing one trade at time
[13:43] {dino} ok
[13:43] {bruce} I saw nov and liked it - you had gret entry
[13:44] {dino} i prefer "lucky" entry
[13:45] {bruce} lol
[13:45] {bruce} better to be lucky than smart
[13:45] {bruce} for that matter - better to be lucky than dumb too
[13:46] {dino} better lucky than good (being good is too hard)
[13:46] {bruce} I like bad- more fun
[13:46] {dino} rrgb hod
[13:46] {Threei} or as ancient russian joke goes, better be healthy and wealthy than sick and at war
[13:47] {dino} pretty bad when the movers are buffalo wild wings and red robin burgers
[13:47] {curtisweese} l aapl here for run i hope! 130.92
[13:47] {bruce} thats a good one vad
[13:48] {dino} fwiw i am waiting sm s rrgb 38.80, purely a random area
[13:48] {Threei} hawk... VLNC :)
[13:48] {bruce} k
[13:49] {dino} on rrgb the profit ( if any ) will be luck, the stop is the skill
[13:50] {hawkfan4} :) nice move
[13:50] {dino} quite the range on fwlt
[13:55] {dino} out eqix .90, +.40
[13:55] {bruce} yes - first hour was big
[13:56] {bruce} good for you dino - I had no guts to hold
[13:56] {dino} ty, was a pain, but worked out, gappy
[13:56] {bruce} I lost confidnece on the stall at .8
[13:57] {curtisweese} come on aapl darn me help you
[13:58] {bruce} it actually looks good to me now for a move to 58.50 or so but no way I'denter here
[13:58] {dino} problem is the drawdown to 57.55 was consistant
[13:59] {curtisweese} you need someone to enter somewhere stupid?
[13:59] {curtisweese} lol
[13:59] {bruce} yes - too much risk of big pullback her
[13:59] {bruce} lol curtis
[14:00] {curtisweese} i have a super tight stop on aapl
[14:00] {bruce} you voluntering?
[14:00] {dino} lol
[14:00] {dino} brb
[14:00] {bruce} k
[14:06] {curtisweese} doh! stupid stop hit just enough to take my order and then it bounced up! grrrrrrr
[14:06] {Threei} supertight stops tend to do that
[14:06] {curtisweese} yep
[14:09] {dino} move rrgb s to 39.24 entry
[14:09] {dino} too strong
[14:09] {bruce} any feel on esrx long break of 61.20 vad?
[14:09] {bruce} sory 61.3
[14:10] {Threei} if market continues upward, certainly
[14:10] {Threei} PPT did fantastic job keeping NQ away from dangerous 1725
[14:10] {curtisweese} l aapl 130.92
[14:11] {Threei} will they try to prop it further or will they just remain satisfied by no meltdown ahead of long weekend, who knows
[14:11] {bruce} esrx invalid now - retraced too far
[14:12] {Threei} why, as long as it's holding above 61 it's valid
[14:13] {magoo} rimm sh vad??
[14:14] {dino} maybe the 38.80 area is the spot on rrgb
[14:15] {bruce} it broke to .93 vad - wanted to see it form a smaller tighter range
[14:15] {bruce} bvn long here dino?
[14:16] {dino} dk, liked it better 65
[14:16] {bruce} k
[14:17] {bruce} riimsky strating to look like short candidate
[14:18] {curtisweese} i'm in on RIMM s 105.10
[14:18] {bruce} k curtis
[14:18] {dino} rrgb sm s .36
[14:18] {curtisweese} stop where? .39?
[14:19] {dino} stop hod
[14:19] {curtisweese} die rimm!!!!!!!!!!!11
[14:20] {curtisweese} out rimm short.....made .20 i moved my stop too close :(
[14:21] {bruce} still beats loss - congrats curits
[14:22] {dino} gj
[14:22] {curtisweese} back in again 105 this time
[14:25] {curtisweese} here comes the fall of RIMM the roman empire.... have mercy had me at hello
[14:25] {bruce} in rush the heathens
[14:26] {dino} lol
[14:27] {dino} curtis, how old are you?
[14:27] {dino} cracking me up
[14:28] * Threei hopes the answer is within 12 and 79
[14:28] {curtisweese} 37
[14:28] {Threei} whew
[14:28] {curtisweese} my name is billy i'm 5
[14:28] {Chaeron} your spelling is better than most grownups here, Billy
[14:28] {dino} fat bastard here
[14:29] {curtisweese} thanc yu
[14:30] {curtisweese} sheesh was up $13k in 3 days and am down today $1k i need to follow the chat trades more, eh.....these tuition fees are killing me
[14:30] {dino} 13k you should have your own room
[14:31] {GeoArb} can i make 13 k trading 100 share lots?
[14:31] {curtisweese} it was luck on that RIMM short over the technically 4 days
[14:31] {dino} that my monthly goal
[14:31] {GeoArb} the funny part is scottrade
[14:31] {curtisweese} $14 in and out for 20000 shares of siri and stuff is nice
[14:32] {curtisweese} or 7 in and 7 out
[14:32] {curtisweese} still learning then i might try out your guys one :)
[14:33] {dino} stick w/what works curtis, otherwise you'll mess up
[14:33] {dino} bvn was good bruce
[14:34] {bruce} gg longcandidate on 38 break
[14:36] {magoo} RIMM long vad??
[14:37] {Threei} not sure... wouldn't make new high when NQ did
[14:39] {dino} oih flat
[14:43] {bruce} out gg flat- shoulda taken .15 spike
[14:43] {bruce} you got bvn dino?
[14:46] {dino} n
[14:46] {curtisweese} stop on RIMM at 105.05 gotta go shower let me know what happens :) brb
[14:47] {bruce} k
[14:47] {Chaeron} let you know what happens? You think we're going to come in your shower while you're in there nekkid and tell you what's happening?????
[14:47] {curtisweese} hahahah
[14:47] {Threei} lol
[14:49] {bruce} shhh - don't give mags ideas
[14:52] {Chaeron} oi
[14:58] {dino} rrgb bstop to .42
[15:02] {dino} back in 10 bstop to .31
[15:02] {dino} stopped +.05
[15:03] {GeoArb} dino, if you dont mind.... how many cents do you shoot for in a day?
[15:03] {GeoArb} i am too scared to ask curtis
[15:05] {bruce} taking break
[15:08] {Threei} VLNC, you are so beautiful
[15:08] {Chaeron} get a room............
[15:08] {Threei} {VLNC} (batting eyeleashes at Chaeron) why, I was available...
[15:09] {curtisweese} out rimm made .70
[15:10] {curtisweese} that was a great shower!
[15:10] {Threei} lol
[15:10] {Threei} a bit more information than we strived for
[15:10] {Chaeron} curtis, we don't need to hear of your shower exploits please
[15:10] {curtisweese} lol
[15:11] {dino} geo, just got back from bus stop. not sure on cents? 1/1 r/1, shoot for $700/day
[15:11] {GeoArb} yes thats my Q
[15:12] {GeoArb} 700 can change based on position size
[15:12] {GeoArb} so you dont have a dollar goal
[15:12] {dino} yes. 700 is total daily goal, each trade is on its own
[15:13] {GeoArb} so sizing based on risk i guess
[15:13] {GeoArb} ok
[15:13] {dino} risk reward try for 1:1 min
[15:13] {GeoArb} ok
[15:13] {GeoArb} yeah i read that in vad's "boring" book
[15:13] {dino} when i say sm=smaller size, otherwise 500
[15:13] {GeoArb} ok
[15:13] {GeoArb} i am doing 100/200 rite now
[15:14] {GeoArb} i had seen the vids.... so the book was an easier read
[15:14] {GeoArb} thanks dino
[15:14] {dino} yes, sizing on risk, you watch some of the crazy ones i play. i am a contrarian, and i don't mind thin vol.
[15:14] {GeoArb} ok
[15:15] {dino} i'm looking for 2 buck ranges or better
[15:15] {GeoArb} whats up with MS?
[15:15] {GeoArb} ok
[15:15] {GeoArb} daily range
[15:15] {dino} y
[15:16] {dino} prefer fast 2 buck range
[15:16] {GeoArb} ok
[15:16] {GeoArb} yeah for me countertrend is advanced level
[15:17] {GeoArb} will wait on those :D
[15:17] {dino} find your edge, manage the risk, be consistant, and keep it simple
[15:18] {GeoArb} KIS brought me here
[15:18] {dino} ahhh
[15:18] {GeoArb} i was trying to scalp futures using complex methodologies last one year
[15:18] {GeoArb} wasted a year
[15:18] {dino} hardest thing for me lately is waiting 20 minutes in the a.m.
[15:19] {dino} moves are not true enough
[15:19] {GeoArb} ok so you start after 20 mins....
[15:19] {GeoArb} all stocks open and stabilize
[15:19] {dino} yes, i do much better that way
[15:19] {dino} some days magoo has 3 trasdes in before i start
[15:20] {GeoArb} i am in west coast.... so have to trade only forst half
[15:20] {dino} i guess i'm slow
[15:20] {dino} its all individuals edge, i start slow
[15:21] {GeoArb} surge
[15:21] {GeoArb} in fins
[15:26] {dino} bruce, we should have been watching fmcn
[15:29] * dptl slaps ThurstonHowellTheThird around a bit with a large trout
[15:29] {Threei} violence starts
[15:30] {dptl} ye
[15:30] {dptl} lets have some fun
[15:30] {Threei} uh oh
[15:32] {dptl} everyone in coma,i see
[15:33] * GeoArb slaps dptl around a bit with a large trout
[15:33] {dptl} :)
[15:33] {GeoArb} i apologize
[15:33] {dino} rrgb s .24, stop .47
[15:34] {dino} dp to timeout
[15:35] {lumdus} s rimmm 105.12
[15:36] {lumdus} .35 stop
[15:37] {lumdus} die rimm die now !
[15:38] {lumdus} stop b/e 105.11
[15:38] {bruce} back
[15:40] {bruce} nice range fmcn dino - I have trouble with it - you've been doinggreat readingit
[15:41] {dino} forgot about it today
[15:41] {lumdus} bsc almost 6.00 can't believe that everybody forgot the buyout is ONLY 2.00
[15:41] {bruce} mon has even bigger range - took my eye off it and see it had a couple niceentires
[15:42] {bruce} v downdraft
[15:42] {bruce} retrace try here for the brave
[15:43] {dino} bsc goes up w/ms, swap of shares involved
[15:46] {Threei} lum, it's not that simple in BSC case
[15:46] {dino} also, if you are a short, you may want to cover and lock in
[15:47] {bruce} ewz looks long to me here
[15:47] {bruce} lagte in day though - not doingany more trades
[15:47] {lumdus} vad, can you help me with rimm.. i need it heavily down not just a few pennies
[15:48] {bruce} vad dusts off extra large and heavy army boots
[15:49] {Threei} oops
[15:49] {Threei} sorry, I kicked it from the wrong side
[15:50] {lumdus} it's trying so hard to fail,, but someone is not letting. we got 10 mins more.
[15:51] {patience} too funny, my stink bids for august gold options are being filled
[15:51] {Threei} nice finish for a difficult week - short one, with Fed announcement AND quad witching
[15:52] {Threei} how many troubles can you squeeze in 4 days
[15:52] {dino} cov rrgb .14, +.10, thats it
[15:52] {Threei} panicking sellers are hitting them patience?
[15:53] {patience} i guess
[15:53] {patience} i still expect gold to go down bit more
[15:54] {dino} i'm expecting more chaos all over
[15:54] {lumdus} oil also and then all banks recover and we forget what happened . And then Clinton become president and we forget everyting.
[15:54] {patience} i'll drink to that
[15:54] {patience} i'll drink to lots though
[15:55] {Threei} LOL
[15:55] {lumdus} dino, i think it's mainly over now . the crisis is history. bsc out of the picture and everybody else ok now.
[15:55] {dino} lol patience, some day we'll drink together
[15:55] {patience} sounds excellent, i'll buy the first draft
[15:55] {Threei} i HOPE i AM INVITED
[15:55] {patience} lum, i expect few months more of financial churning, it aint over
[15:55] {Threei} oops
[15:55] {Threei} sorry caps
[15:55] {dino} when you arrange that cruise vad, lol
[15:56] {Threei} blackmail
[15:56] {Threei} will seminar in bahamas do?
[15:56] {GeoArb} siminar?
[15:56] {patience} yes yes yes
[15:56] {dino} cvco death
[15:56] {Threei} you can write off vacation as a busines expense :)
[15:56] {dino} yes
[15:56] {GeoArb} (upping lot size to 10000 to pay for it)
[15:57] {dino} lol
[15:57] {dptl} have a good long weekend everyone......see ya monday:)
[15:57] {Threei} Ok guys,
[15:57] {Threei} have a great relaxing long weekend,
[15:57] {dino} same dp, take care
[15:57] {GeoArb} thanks all.... see you monday
[15:57] {Threei} thank you all,
[15:57] {dino} thx for ideas all, decent week
[15:57] {Threei} I'll see you all on Monday
[15:58] {bruce} bye vad - good weekend to you
[15:59] {dino} avtr death
[16:00] {dino} bruce good spots again, thx
[16:00] {bruce} thx dino
[16:01] {bruce} tryin
[16:01] {dino} you're making me $
[16:01] {bruce} need to get better at pegging entries in those contra palys - getting better I think
[16:02] {bruce} I can find em - jsut have trouble knowing where to get in
[16:03] {dino} size down wait way out,
[16:03] {dino} they all will rinse you if you buy too big
[16:04] {bruce} I'm trading the contras very small dino
[16:04] {dino} good, i can't catch tops or bottoms, but for the most part the moves are 1/2+
[16:04] {dino} r/r
[16:05] {bruce} yes _ like that a lot
[16:05] {patience} bruce, dcc if you have a minute
[16:06] {dino} i'm grabbing a beer
[16:07] {bruce} have one for me
[16:07] {bruce} noton my diet
[16:23] {bruce} terrific weekend to all
[16:30] {dino} later all

Wednesday, March 19, 2008

Mar 19 2008

Session Time: Wed Mar 19 00:00:00 2008

[08:13] {Threei} Good morning
[08:13] {Threei} Visa IPO prices start
[08:13] {Threei} not sure what time it opens for trading
[08:13] {Threei} symbol is V
[08:18] {hawkfan4} good morning Vad, all
[08:19] {Threei} hawk :)
[08:27] {maryaliceann} Good morning
[08:27] {Threei} morning mary
[08:28] {Threei} you don't mind the shoret for the nick I hope
[08:28] {Threei} short
[08:28] {maryaliceann} not at all .. was wondering if I could change it .. make it shorter?
[08:29] {Threei} sure, let me know the new one and I will register it and give you instructions how to re-login
[08:31] {maryaliceann} I like Onix
[08:31] {Threei} done, same password as before,
[08:31] {Threei} now type /login,
[08:31] {Threei} hit enter,
[08:32] {Threei} you will get a prompt for a nick and password,
[08:32] {maryaliceann} Thanks Vad
[08:32] {Threei} enter new ones
[08:33] {Threei} there you go
[08:33] {Onix} piece of cake with you on the other side!
[08:34] {Threei} I like keeping things simple... cup for tea, fork for meat, no vegetables allowed
[08:36] {Onix} But "they all" say vegetables are good for you?
[08:36] {Threei} they do... but I elect not to believe them since I hate veggies
[08:36] {Threei} except beef
[08:36] {Threei} which in my firm opinion is vegetable
[08:37] {Onix} because beef feed on vegetation .. right?
[08:38] {Threei} and you are what you eat... you got it
[08:43] {cosmo} we are star dust...
[08:43] {Threei} do we at least get to pick a star?
[08:44] {Threei} I claim Bethelheise )sp?)
[08:44] {cosmo} hmm
[08:45] {cosmo} Si?ius
[08:45] {cosmo} Sirius?
[08:45] {Threei} can be taken over by XMSR any day
[08:45] {Threei} so no
[08:47] {Threei} BSC is trying to squeeze again
[08:48] {Threei} V is priced at 44
[08:48] {Threei} bid 75 at the moment
[08:48] {cosmo} FMCN
[08:49] {cosmo} est
[08:50] {cosmo} 42 test
[08:55] {cosmo} ADBE beats est....
[08:55] {cosmo} 34 test
[08:56] {Threei} spiked after hours yesterday, hit 35 briefly if I remember correct
[08:56] {cosmo} 35.73 spike last nite
[08:57] {Threei} make your pick {G}
[08:58] {cosmo} 43 for a scalp
[08:58] {Threei} some scalp...
[08:58] {cosmo} big hair
[08:58] {Threei} lol
[09:00] {Threei} all is well in Morgan Stanley world
[09:01] {cosmo} hmm...maybe they're next...
[09:01] {dino} gm all
[09:02] {Threei} dino :)
[09:06] {magoo} morning
[09:06] {Threei} magoo :)
[09:09] {dptl} good morning all
[09:10] {Threei} dp :)
[09:11] {magoo} wwhat u stalkin vad?
[09:12] {Threei} bacon with eggs
[09:12] {magoo} ketchup??
[09:12] {Threei} (both are begetables in my mind)
[09:13] {Threei} keeping an eye on ADBE, BSC, half eye on V
[09:13] {GeoArb} gm all
[09:14] {Threei} Geo :)
[09:16] {magoo} just wondering if i get V
[09:16] {Threei} try
[09:16] {magoo} i have bid 0.01 ask 1000, u same vad?
[09:16] {Threei} 75 x 75.50
[09:16] {magoo} what exchange is IPO?
[09:17] {Threei} NYSE I think
[09:17] {magoo} why would i get bsc but not V?
[09:17] {magoo} i need to talk to laser i guess
[09:17] {Threei} you are full of mysteries mags...
[09:18] {tomg} i don't get V either, magoo
[09:19] {magoo} any real thoughts why i get say leh or bsc but not v vad?
[09:19] {Threei} you are not seeing ARCA?
[09:19] {Threei} maybe you have ARCA book turned off
[09:19] {Threei} since those days when it was broken
[09:20] {Threei} try to turn it back on, you should get those bids/offers
[09:20] {magoo} showing arca
[09:20] {tomg} now i'm getting it
[09:21] * Threei is now known as Chip and Dale
[09:22] {magoo} funny, but i hid arb, then un hid it and worked..THANX
[09:22] {tomg} good morning
[09:22] {Threei} tom :)
[09:23] {Threei} sometimes you just need to open the hood and close it again for the engine to start, mags
[09:23] {magoo} vad, look TMA..wild action
[09:23] {Threei} (that's my recipe for fixing cars, FWIW)
[09:24] {Threei} TMA long piece of news
- Suspends dividend during term of agreement
[09:25] {magoo} just fell from 4 to 2
[09:26] {ThurstonHowellTheThird} gm all
[09:27] {Threei} thtt :)
[09:27] {magoo} mr howell:)
[09:27] {Threei} COIN daily looks like major breakdown losing 10
[09:28] {Threei} BSC makes some wild swings, no technical triggers, momo play if you can get a feel for it
[09:29] {magoo} coin not avail vad sh
[09:29] {Threei} too bad
[09:30] {bruce} ilmn long break prospect - volatile
[09:31] {bruce} geesh - one buck pop
[09:31] {bruce} forget it - spread outrageous
[09:31] {Threei} 7 break long BSC half lot if holding above 6.80
[09:32] {magoo} how about as a bouncer?
[09:32] {Threei} invalidated
[09:33] {Threei} yes but no way to get a rid for now
[09:33] {Threei} ADBE, watch pullback closer to 34 for long
[09:33] {magoo} TMA bounced
[09:34] {bruce} emkr on 7.30break vad?
[09:34] {Threei} nah
[09:35] {bruce} fading - forget int
[09:35] {Threei} ADBE, first strength from here
[09:35] {bruce} \amzn long?
[09:36] {Threei} not sure
[09:36] {Threei} 34.01 long ADBE
[09:36] {magoo} .97 here
[09:37] {Threei} srtop .89
[09:37] {curtisweese} l aapl 132.59
[09:38] {lumdus} morning all
[09:38] {curtisweese} nev mind...dropping bfore i executed
[09:38] {Threei} lum :)
[09:39] {bruce} stopped adbe
[09:39] {curtisweese} l aapl 132.59 now
[09:39] {Threei} yup
[09:40] {bruce} still possible long - we need new setup
[09:40] {magoo} yep
[09:40] {curtisweese} out aapl made . 34
[09:40] {Threei} too jumpy
[09:40] {Threei} no indication for entry
[09:41] {curtisweese} omg i got out way too early .....sigh
[09:41] {curtisweese} s aapl 133.50
[09:41] {magoo} adbe have news vad?
[09:42] {Threei} nothing fresh
[09:42] {cosmo} BWLD fly'n
[09:42] {curtisweese} out aapl short made .25
[09:43] {curtisweese} l aapl 133.50
[09:44] {curtisweese} out aapl made .36
[09:44] {curtisweese} jeez i'm on fire with aapl
[09:44] {Chaeron} good morning everybody
[09:44] {Threei} chaeron :)
[09:44] {magoo} any rumors surrounding V IPO as in should be great or wha?}
[09:44] {Threei} any?
[09:44] {Threei} this is the biggest IPO in US history
[09:45] {Threei} there are all kinds of speculations around it
[09:45] {magoo} go 100 points like BIDU?
[09:45] {magoo} my best trade ever in room here, remember? i made 12k
[09:45] {curtisweese} do you guys leave when you make your daily allotment really early?
[09:45] {curtisweese} wow!! magoo! 12k....drool!!
[09:46] {magoo} first thing feast
[09:46] * magoo slaps curtisweese around a bit with a large trout
[09:46] {Chaeron} curtis... no we hang around and harrass Threei
[09:46] {lumdus} which stock magoo ?
[09:46] {Threei} AMKR .21 long if holding above .10
[09:46] {magoo} bidu IPO
[09:46] {magoo} we were hittiung it in room, vad remembers it
[09:46] {dino} no curtis, just trade smaller
[09:47] {Threei} .41 another try ADBE
[09:48] {magoo} iu like that read vad
[09:48] {Threei} if losing .20, abandoning breakouts on it, pullbacks only
[09:48] {bruce} stop about .15 adbe vad?
[09:48] {curtisweese} l aapl 133.94
[09:48] {Threei} if sets up from here yes
[09:48] {bruce} k
[09:49] {Threei} sorry, misread you bruce... stop .25
[09:49] {Threei} for scalpers
[09:49] {Threei} for day trade yes, .15
[09:49] {Chaeron} in ADBE
[09:49] {bruce} l adbe .41
[09:50] {curtisweese} out aapl made .26
[09:50] {Threei} sheesh
[09:50] {Threei} I switch to AAPL {G}
[09:50] {bruce} stopped adbe -21c
[09:50] {Chaeron} me too
[09:50] {Chaeron} stopped
[09:50] {magoo} really
[09:51] {curtisweese} i'm at almost 3x goal already....jeez...i love you aapl
[09:51] {magoo} whats your daily goal?
[09:52] {curtisweese} 500
[09:52] {curtisweese} l aapl 133.75
[09:52] {curtisweese} doh! dropped before entry
[09:53] {curtisweese} okay now in
[09:53] {Threei} NFLX
[09:53] {Threei} long .40 break half lot
[09:54] {dino} lamr s .63, stop .91
[09:54] {Threei} stop under .20
[09:55] {Threei} 1:1
[09:56] {curtisweese} lost on aapl .18 :(
[09:56] {Threei} offering NFLX .85
[09:56] {Chaeron} nice Vad
[09:56] {Threei} out in full
[09:56] {ThurstonHowellTheThird} ty +.40
[09:56] {magoo} out .92 full
[09:57] {dino} gj tht3
[09:57] {magoo} WOW nice vad
[09:57] {esemde} late to the party ...goood morning
[09:57] {Threei} ese :)
[09:57] {dino} gm es
[09:57] {Threei} wow, even that was too soon?
[09:57] {Threei} hah
[09:57] {Threei} look at ADBE
[09:57] {esemde} bstop ADBE 34 50
[09:58] {Threei} lesson learned... pullback stock, no breakouts on it
[09:58] {esemde} reading my mind Vad
[09:58] {magoo} mean muther ADBE
[09:58] {Threei} not sure about it ese
[09:58] {magoo} feels like 35 tho
[09:58] {esemde} how so?
[09:58] {Threei} it stopped us twice on breaks
[09:58] {Threei} but moves nicely off pullbacks
[09:58] {esemde} good enough for me bstop removed
[09:58] {Threei} I wouyld try to enter it on shakout
[09:59] {magoo} hard pullbks too .30 cents
[09:59] {Threei} yes, too wide to keep small stop and reenter
[09:59] {magoo} btw..NFLX easy button worthy
[09:59] {lumdus} lly break of .71 long
[10:00] {Threei} NFLX took us back to even after ADBE shakes
[10:00] {Threei} still need to make some money
[10:00] {dptl} nflx+.43 ty
[10:00] {Threei} dp :)
[10:00] {curtisweese} l aapl 133.48
[10:01] {magoo} i'm with ya boss:)
[10:01] {curtisweese} run aapl run
[10:02] {curtisweese} good long entry here too in myu opinion at 133...oh...i entered at 132.48 sorry
[10:03] {curtisweese} out aapl made .24
[10:03] {esemde} bstop HOLX 58.01
[10:04] {lumdus} l lly 50.71 stop 50.58
[10:04] {lumdus} stop 50.63 on lly
[10:05] {curtisweese} l aapl
[10:05] {curtisweese} jeez bush gets up and market tanks....grrrrr
[10:06] {lumdus} funny hah ?
[10:06] {cosmo} tanks are obsolete
[10:06] {dino} lamr stopped -.33
[10:06] {curtisweese} i'm l aapl from 133.08
[10:08] {lumdus} stop on lly 50.64
[10:08] {lumdus} i think lly about to pay off nicely
[10:09] {dino} sirt
[10:09] {magoo} vad..look NFLX here..thats why wee scalp
[10:09] {curtisweese} out on aapl...can't figure out what it's doing
[10:10] {curtisweese} -.04
[10:10] {bruce} bsc looks to ba at support vad
[10:11] {bruce} thoughts on retrace long here?
[10:11] {esemde} ADBE and runnin
[10:11] {curtisweese} s aapl now
[10:12] {Threei} this time it worked on break... {shrug}
[10:12] {Threei} with stop under 6 bruce?
[10:12] {bruce} that was my thought
[10:12] {esemde} better safe than sorry
[10:13] {curtisweese} out .03 only lol
[10:13] {bruce} bsc invalid now
[10:14] {esemde} HOLX invalid for me...
[10:15] {Threei} V open
[10:16] {bruce} adsk looks long on break of .66
[10:16] {Chaeron} priced @ 44
[10:16] {magoo} not on sh list V vad lol
[10:17] {Threei} of course not, fresh IPO
[10:18] {bruce} adsk invalid
[10:19] {bruce} eric long vad?
[10:19] {Threei} .47 trigger with .34 stop
[10:20] {Threei} a bit slow and narrow
[10:20] {dino} cpla
[10:20] {dino} thin
[10:20] {curtisweese} l aapl
[10:20] {lumdus} .47 trigger for ?
[10:20] {bruce} yes - but lots of range to retrace if it breaks with conviction
[10:21] {Threei} ERIC lum, bruce's question
[10:22] {lumdus} klac maybe also
[10:22] {esemde} long ARTC 33.56 1/2 lot
[10:23] {curtisweese} l aapl 132.78
[10:24] {dino} fwlt l .02 sm wide
[10:24] {esemde} Vad can intelliscan do moving average crossovers?
[10:24] {curtisweese} out lost .06
[10:25] {curtisweese} where is market going? :(
[10:25] {Threei} yes ese
[10:25] {esemde} kinda down ish kinda up ish......
[10:25] {curtisweese} short aapl 132.73
[10:25] {Threei} right click on the alert widnow
[10:25] {esemde} how do i get to that....I've been looking
[10:25] {Threei} Configure
[10:26] {Threei} Select Alerts
[10:26] {esemde} ok
[10:26] {Threei} scroll down to Crossed above ... moving average, there are a few of them
[10:27] {curtisweese} out aapl made .27
[10:27] {esemde} ah....let me rephrase the question......
[10:27] {esemde} i'm looking for a 13ma crossing over a 34 ma......can i configure that
[10:27] {dino} fwlt stop to .97, mrk not helping
[10:28] {esemde} Out ARTC .94
[10:28] {Threei} oh, I see what you mean
[10:28] {esemde} +..48
[10:28] {curtisweese} ese, nice!
[10:28] {dino} gj
[10:28] {Threei} not sure ese
[10:28] {esemde} sorry make that +.38
[10:28] {curtisweese} aapl performing somebody is buying at 132.50 it keeps jumping up and down strange
[10:29] {esemde} tks curtis....
[10:30] {Threei} DOE CRUDE: +133K V +2.2ME ; GASOLINE: -3.5M V +100KE ; DISTILLATES: -2.9M V -1.5ME ; UTILIZATION: % V 85.3%E
[10:30] {Threei} - Crude: +2.5M
[10:30] {Threei} - Gasoline: -786K
[10:30] {Threei} - Distillate:-1.6M
[10:30] {curtisweese} s aapl 132.4
[10:30] {Threei} yikes
[10:31] {curtisweese} out aapl short made .14
[10:31] {curtisweese} darn too early again
[10:32] {curtisweese} s aapl again 131.95 i got
[10:32] {dino} fwlt stopped flat
[10:33] {magoo} wow BSC under 5
[10:33] {curtisweese} out aapl short made .15
[10:33] {ThurstonHowellTheThird} fwlt +.26 ty dino
[10:33] {Threei} RIMM held very well while NQ dropped
[10:34] {bruce} alxn starting to look like short candidate dino
[10:35] {dino} y
[10:35] {lumdus} rimm heard vad and went south
[10:35] {dino} missed
[10:35] {lumdus} l pep 71.24 stop 71.16
[10:36] {Threei} yup, it tried to stand its own but market pressure become too much
[10:36] {curtisweese} l aapl 132.02
[10:37] {curtisweese} i mean 131.02
[10:37] {lumdus} there goes pep
[10:38] {curtisweese} out made .32
[10:39] {magoo} vad..i've never come across any trader such as curtis here
[10:39] {dino} lol
[10:39] {dino} reminds me of blaster
[10:40] {esemde} My afternoon breakout play will be Holx....loning for a breakout over 58.00
[10:40] {esemde} thats "looking"
[10:40] {dino} i'm loning
[10:40] {esemde} i used too as well......
[10:41] {Threei} lol
[10:41] {esemde} use it in english phrases " he lons" she lons" they lon"
[10:41] {curtisweese} s aapl 132.49
[10:42] {lumdus} if market turns up pep will fly imvho
[10:42] {curtisweese} out lost .20
[10:44] {dino} bwld s .70
[10:44] {dino} smbl
[10:45] {esemde} what the heck does a company called buffalo wild wings do anyway?
[10:46] {esemde} been watching that one dino....
[10:46] {dino} alxn was a beauty bruce
[10:46] {cosmo} ese....its a music group, maybe
[10:47] {cosmo} checking
[10:47] {dino} wings, ribs etc
[10:47] {dino} tgif type
[10:47] {esemde} hmmm.....
[10:48] {cosmo} nasty stuff
[10:48] {dino} not to me
[10:48] {dino} had wings last two days for lunch, scorned woman sauce, mmmmm
[10:49] {bruce} great dino
[10:49] {magoo} vad, u trading without us??
[10:50] {Threei} nope
[10:50] {Threei} looking around
[10:50] {dino} wait until vad's cruise, we'll all be eating wings and drinking beer
[10:50] {magoo} u better not
[10:50] {magoo} i gonna check your analysis sheet
[10:52] {GeoArb} quick Q... how do you guys exit a position on laser?
[10:52] {GeoArb} linit or market?
[10:52] {GeoArb} also click or hotkeys?
[10:52] {Threei} limit below the inside price
[10:53] {GeoArb} ahhh
[10:53] {GeoArb} i was clicking inside
[10:53] {GeoArb} a couple below?
[10:53] {Threei} on fast stocks vcan be a bit late
[10:53] {Threei} yeah
[10:53] {Threei} some use hotkeys
[10:53] {Threei} some use mouse
[10:53] {GeoArb} i was looking if i can create a hot key.... something like sell bid smart route
[10:53] {magoo} i like to lay out ahead and let it come to my offee
[10:53] {lumdus} market still open ? LOL
[10:53] {dptl} got to leave early have a good one all
[10:53] {GeoArb} using OMS?
[10:54] {Threei} take care dp
[10:54] {Threei} OMS is for stops
[10:54] {GeoArb} bye dp
[10:54] {GeoArb} yes
[10:54] {GeoArb} thanks... ill look into hotkeys
[10:55] {curtisweese} s aapl 132.23
[11:00] {Threei} sorry, lost connection
[11:00] {GeoArb} man i was desparate
[11:00] {GeoArb} looks like i am addicted to this room :)
[11:01] {dino} y
[11:01] {Chaeron} so you go thru withdrawls atfter the close? :)
[11:01] {GeoArb} nope after first half
[11:01] {GeoArb} as i go to work :(
[11:01] {magoo} we were off\
[11:01] {lumdus} i got disconnected also
[11:02] {curtisweese} l aapl 131.63
[11:02] {curtisweese} here comes the run :)
[11:02] {bruce} sheesh
[11:03] {curtisweese} market is going up...come on market
[11:03] {bruce} vadster gave me tjhe boot
[11:03] {bruce} and I never even trouted him today
[11:03] {bruce} yet
[11:03] {dino} fwlt l .60
[11:04] * bruce slaps Threei around a bit with a large trout
[11:04] * magoo slaps Threei around a bit with a large trout
[11:04] {esemde} ese....gets slimmed in backwash......
[11:04] {dino} sm cpla l .91
[11:05] {bruce} fwlt stop .35 or so dino?
[11:05] * GeoArb slaps Threei around a bit with a large trout
[11:05] {judi} Judi and Jim signing in
[11:05] {GeoArb} just checking the tools :D
[11:06] {Threei} MF 10 break for a scalp
[11:06] {Threei} with .89 stop
[11:06] {Chaeron} in
[11:07] {magoo} in
[11:08] {Threei} no worky
[11:08] {bruce} stopped mf -15c
[11:08] {Chaeron} me out - stopped
[11:08] {magoo} out
[11:08] {lumdus} l amzn 72.52 stop 72.38
[11:10] {curtisweese} out aapl made .36
[11:10] {bruce} sheesh -I'm kiss of death vad- if I take trade they usually don't work
[11:10] {curtisweese} l aapl again 132.28
[11:13] {curtisweese} here we go
[11:13] {magoo} its when the 3 of us do {chaer, bruce, magoo}
[11:13] {lumdus} out amzn 72.78
[11:13] {Chaeron} lol
[11:14] {curtisweese} market going up aapl down? any news?
[11:15] {Threei} nothing AAPL specific
[11:15] {curtisweese} i lowering my stop....that's too is someone messing with the market! lol
[11:19] {curtisweese} out aapl lost .07
[11:21] {bruce} ebay long candiate on 28.10 break
[11:22] {lumdus} curtis, don't blame me i aint messin with the amrket
[11:22] {dino} de l .98 sm
[11:22] {curtisweese} l aapl 132.03
[11:23] {curtisweese} oh man...come on market!
[11:24] {lumdus} lot of scared folks today. we need a nice turnaround now.
[11:25] {dino} it's all lum's fault
[11:26] {curtisweese} vad ...what does aapl chart look like to you...breakdown or up?
[11:26] {curtisweese} nev pulling it up
[11:27] {Threei} AAPL is disconnected somewhat
[11:28] {curtisweese} yeah! it is weird
[11:31] {bruce} fwlt holding 54 so far dino
[11:31] {lumdus} maybe aapl good short ?
[11:31] {magoo} RIMM vad 106 magnate?
[11:32] {Threei} RIMM will do what market will... unlike AAPL which lives in its own world today
[11:32] {Threei} and yes, AAPl starts looking like short
[11:33] {Threei} .20 nearest resistance, let's see how it acts here
[11:33] {Threei} if breaks it no read
[11:34] {dino} y bruce
[11:34] {curtisweese} i'll bite... s aapl 132
[11:35] {Threei} stop above .20
[11:37] {lumdus} vad, you think jpm due for some pullback ?
[11:38] {curtisweese} die aapl die!
[11:38] {Threei} there are no signs either way on the chart lum
[11:38] {Threei} it's horribly overextended on daily
[11:38] {Threei} but it doesn't mean it's ready to drop
[11:39] {lumdus} let me give it a shot short jpm 44.81 stop 44.87
[11:39] {Threei} market can stay insane longer than reasonable man could suggest
[11:39] {lumdus} risk vs reward is worth it i think on the downside
[11:39] {Threei} withg such tight stop, why not
[11:40] {lumdus} i think maybe .50 i can cover if it works :)
[11:42] {curtisweese} out lost .18
[11:42] {lumdus} hmm, no worky jpm yet
[11:42] {bruce} stopped aapl -.20c
[11:42] {Threei} nothing is really
[11:42] {lumdus} very surprised it look too good.
[11:42] {Threei} a lot of meaningless moves
[11:42] {Threei} moast of them are noise
[11:45] {Threei} V starts looking like going to 61
[11:45] {dino} out cpla .31 +.40
[11:46] {bruce} ewz may reverse near here dino
[11:46] {Chaeron} my chart screwed up on V with LASER...
[11:46] {Threei} this is because of wierd print at 199
[11:46] {Chaeron} that must have been my buy
[11:46] {curtisweese} dino...nice
[11:48] {curtisweese} s aapl 132.02
[11:48] {dino} ewz around 77.60s
[11:48] {dino} imo
[11:48] {bruce} k - still determined to go down now for sure
[11:49] {bruce} we have higher low in fwlt now
[11:49] {curtisweese} put aapl short made .32
[11:49] {dino} i'm in it sm .60, wide
[11:49] {dino} fmcn
[11:51] {Threei} nice going AAPL
[11:51] {curtisweese} thanks!
[11:56] {bruce} k- still wtching - want to see .27 hold
[11:58] {Threei} judi, dcc please
[11:58] {dino} bwld won't move, bstop to b/e
[11:59] {curtisweese} s aapl 131.75
[12:00] {Threei} remember our old swing trade VLNC?
[12:00] {Threei} made new 52 high today
[12:00] {Threei} worth keeping an eye on
[12:01] {curtisweese} out aapl short made .20
[12:03] {curtisweese} s aapl again 131.61
[12:03] {bruce} artc starting to look like short candidate dino
[12:05] {curtisweese} out lost .03
- Says used Fed lending facilitiy last night
[12:05] {Threei} - Says firm did lose some 'jittery' clients, but expects some of those clients to come back
[12:06] {dino} i can't borrow it artc
[12:06] {curtisweese} 1 more try aapl short 131.65
[12:07] {curtisweese} out lost .08 :(
[12:07] {bruce} k
[12:10] {dino} bwld stopped +.04
[12:13] {dino} ewz l sm .75
[12:16] {curtisweese} l aapl 131.82
[12:17] {curtisweese} out aapl made .1
[12:20] {curtisweese} l aapl 131.89
[12:20] {curtisweese} out lost .1 :(
[12:22] {GeoArb} test
[12:24] {Chaeron} I hope not... I didn't study
[12:26] {curtisweese} s aapl 131.83
[12:27] {bruce} out ewz -.20c
[12:28] {curtisweese} out aapl chicken that i am made .05
[12:29] {esemde} bstop BWLD 23.76....
[12:32] {dino} fmcn run
[12:32] {curtisweese} i gotta go so L aapl 131.86 and then i'm done for sure! break 132 aapl....come on!!!!!
[12:32] {Threei} hawk, looks dcc please
[12:33] {curtisweese} out aapl made .14 okay...bye everyone happy trading
[12:33] {Threei} VLNC, 4.20 break long, NOT a day trade most likely
[12:33] {Threei} take care curtis
[12:34] {bruce} I like bhp longhere dino
[12:34] {esemde} see ya curtis
[12:36] {dino} dwsn s l .20 wide, spready
[12:36] {dino} fmcn off of .00 l, sm wide
[12:39] {dino} ewz stopped-.40
[12:41] {Threei} FNM .11 long if stays above 31
[12:42] {Threei} invalidated
[12:42] {GeoArb} not a good day today
[12:42] {GeoArb} and i took th day off hehehehehe
[12:42] {magoo} aapl bounce soon vad?
[12:43] {Threei} no read on it magoo
[12:44] {Threei} so it's all your fault geo
[12:44] {GeoArb} yup :(
[12:51] {Threei} just as we adjusted to bear market and traded nicely for a month or so, it turned into bull and threw us off :)
[12:53] {magoo} any read V vad??
[12:53] {Threei} too hectic on its first day
[12:54] {Threei} it feels like a good trading candidate when first fever dies down
[12:54] {Threei} let's give it a few days
[12:56] {magoo} any read RIMM vad}??
[12:58] {Threei} .50 break is asking to be bought
[12:58] {dino} out fmcn .05, +1.05
[12:58] {Threei} but everything is tolugh read today
[13:00] {bruce} out bhp - only +08 but at least a win
[13:00] {bruce} wow - congrats dino
[13:01] {magoo} are markets open easter monday anyone?
[13:01] {dino} ty lucky
[13:01] {dino} y
[13:01] {bruce} coulda used a treade like that
[13:03] {dino} lets find one then
[13:03] {dino} big pull back fmcn
[13:03] {bruce} looking
[13:04] {bruce} yes - watching it - still has room to go long
[13:05] {bruce} de starting to look long to me here dino
[13:06] {bruce} thats what iraq needs - an econmy and some people working again
[13:11] {Threei} LEH short 44 break
[13:11] {Threei} half lot
[13:12] {Threei} stop above .20
[13:14] {Chaeron} in
[13:15] {Chaeron} s LEH .98
[13:15] {Threei} 1:1
[13:16] {Threei} MER drops like a rock
[13:16] {Threei} no reason for LEH not to follow
[13:18] {dino} rumors mer 10billion hit coming
[13:19] {Chaeron} oi
[13:19] {Threei} isn't it nice
[13:19] {Threei} they throw billions around like kids throw toys in a sandbox
[13:20] {dino} funny, they are supposedly the "pros" at this stuff
[13:20] {GeoArb} dino ... whats the source of rumor?
[13:21] {Threei} every time I see all those nicely framed certificates on the wall in some financial advisor office, i think:
[13:21] {Threei} have you made anything in the market trading your own money, ever?
[13:21] {Chaeron} another piece of toilet paper?
[13:22] {Chaeron} dang market trying up
[13:22] {dino} doug kass
[13:22] {GeoArb} thnks
[13:22] {Threei} I guess now it's a rumor of previous rumor being not true?
[13:23] {GeoArb} out
[13:28] {Threei} too bad haven't reshorted LEH
[13:28] {GeoArb} you out too vad?
[13:28] {Threei} on a first drop into .70
[13:28] {GeoArb} ah
[13:29] {GeoArb} i let it go against me
[13:29] {Chaeron} I am by accident @ 44.03... don't know how...
[13:29] {GeoArb} didnt book
[13:29] {Threei} then couldn't get a new read on it as it went above two resistance levels
[13:29] {Chaeron} -.05
[13:29] {GeoArb} sheesh.... i shouldnt stay at home
[13:32] {Threei} wow
[13:32] {Threei} it went to .62 - 65 area twice, you haven't taken any?
[13:32] {bruce} I got out flat - was waiting at .50 for leh - greedy I guess
[13:33] {GeoArb} no was too slow
[13:33] {GeoArb} heh.... yup and then got stopped :)
[13:33] {bruce} vad made right choice grabbing 30c
[13:33] {dino} out dwsn .80, +.60
[13:34] {GeoArb} y
[13:34] {dino} opps, partial out
[13:34] {GeoArb} S LEH 43.59
[13:34] {bruce} great dino - you're on fire - didn't see that entry
[13:37] {dino} scroll up 12:37
[13:37] {bruce} yup - there it is - did I say I can read?
[13:38] {dino} oil -5 bucks
[13:38] {dino} gold -56
[13:42] {bruce} they'll pay us 56 bucks to take gold offhands? - im in for that
[13:44] {dino} sm risky l fmcn .35 wide
[13:46] {dino} out fmcn .85, +.50
[13:47] {bruce} nice -
[13:47] {dino} ty
[13:48] {bruce} I had no read long or short in it - fmcn has my number
[13:49] {dino} waiting at .30
[13:49] {bruce} stld looks like long candidate to me dino -
[13:53] {dino} y
[13:53] {bruce} tanking for moment
[13:56] {bruce} double bottom fwlt -
[13:58] {esemde} still have bstop on BWLD
[13:58] {esemde} 23.76
[13:58] {dino} lol
[13:58] {dino} thing won't move
[14:01] {esemde} ya's lookin like it
[14:01] {dino} sm l stld .00
[14:02] {esemde} it's got indigestion dino......Hot Wings
[14:02] {dino} somethings holding it up
[14:06] {Threei} esemde, look dcc please
[14:10] {esemde} hi Vad ...just saw the dcc
[14:10] {lumdus} maybe little bounce here ?
[14:12] {bruce} l stld sm .77
[14:14] {bruce} stop .65
[14:15] {dino} ccow
[14:21] {dino} fcsx sm l .90
[14:26] {dino} fcsx stopped -.40
[14:27] {bruce} exit stld +.05 - dont care for this weakness
[14:31] {dino} my stop is .64
[14:32] {bruce} sounds good - we have a couple lower highs now so not very confident as long here -
[14:32] {bruce} still think low is near th0ough
[14:34] {esemde} Ok removing my bstop on BWLD......
[14:35] {dino} surprised you're still talking to me w/that one
[14:35] {esemde} pourquo?
[14:37] {esemde} it's still a good bet
[14:37] {dino} stld stoppedddddddddddddddddddddddddd
[14:37] {dino} y
[14:37] {bruce} adsk scaalp prospect on break of .91
[14:37] {bruce} sorry dino
[14:38] {dino} no worries
[14:38] {bruce} nyet on adsk
[14:40] {bruce} taking break
[14:41] {bruce} I hink fmcn is long prsopect near here dino
[14:41] {dino} financials blowing up
[14:42] {bruce} k- vad probably withdrew his cash
[14:42] {bruce} entire american economic system in ruins
[14:43] {dino} nah
[14:46] {lumdus} yeah, we just got to short the whole american economy and we be gok.
[14:46] {Threei} not yet bruce... but fed is working on it
[14:48] {dino} re-inflate it all, thats what they will do. its the fastest way out
[14:48] {dino} sm l fmcn .51
[14:50] {Threei} both LEH and MER look tempting to short off resistance
[14:51] {Threei} market looks like about to tank as if world ends
[14:51] {dino} what resistance lol
[14:51] {Threei} MER is right at one
[14:51] {judi} ty dino fmcn good l +.15
[14:52] {Threei} LEH can't quite climb there
[14:53] {Threei} 40 cents drop MER from the resistance
[14:54] {dino} :)
[14:55] {lumdus} if themarket drops again, i like amzn for reversal. very strong all day long
[14:58] {dino} dwsn sm l .52
[14:59] {lumdus} out amzn +.33
[14:59] {Threei} volume dried up on this bounce
[14:59] {Threei} if market wants time, it's time
[15:01] {lumdus} so leh we go short now ?
[15:02] {Threei} I have hard time finding entry points, too many shakeouts
[15:02] {Threei} JPM looks like deat spiral starts too
[15:05] {judi} for us a great + day, 5 for 5 trades, be back tomorrow thanks everyone
[15:09] {Threei} good job judi
[15:10] {dino} gj
[15:12] {Threei} OK, gotta try it
[15:12] {magoo} jpm short u m mean?
[15:12] {Threei} JPM stop over .20, looking for entry
[15:12] {magoo} how about MER?
[15:13] {Threei} one at a time for me
[15:13] {Threei} got .99
[15:14] {lumdus} of all the banks BSC looks like it wants up. way tooo funny
[15:14] {Threei} lol
[15:15] {Threei} well, that one already went through the circumcision of such a scale...
[15:15] {bruce} back
[15:15] {bruce} everybody make huge profits while I was gone?
[15:16] {Threei} judi did
[15:16] {bruce} k
[15:16] {lumdus} no bruce we all waited for you.
[15:16] {bruce} congrats judi
[15:16] {bruce} well thanx lum
[15:16] {bruce} now theres a gentleman
[15:17] {bruce} Ilike apol long here dino
[15:18] {lumdus} jpm not behaving like vad wants.
[15:18] {esemde} signing off ladies and gentlemen....see ya tomorrow
[15:18] {lumdus} maybe we need to wack it a little big
[15:18] {Threei} bye ese, see you tomorrow
[15:19] {magoo} vad..are JPM & MER independent of mkt todaty?
[15:19] {Threei} not totally
[15:19] {Threei} no absolute correlation but still
[15:21] {lumdus} in amzn 72.00 stop 71.94
[15:22] {dino} apol dk
[15:22] {lumdus} if we have rebound now, amzn go nice - othewise i lose .05
[15:22] {Threei} moving JPM stop to .05
[15:22] {Threei} no point in risking too much on it
[15:24] {Threei} should I stop being a hypocrite and just grab 10 cents on JPM?
[15:25] {GeoArb} heh i did
[15:25] {Threei} hehe
[15:25] {GeoArb} looks choppy
[15:25] {Threei} I just find it hard to believe this thing is still holding
[15:26] {Threei} whatever... with 6 cents stop I'll give it a chance
[15:26] {Threei} although not many stocks missed a chance to shake me out today, lol
[15:27] {GeoArb} yeah crappy day
[15:27] {GeoArb} -ve oday
[15:27] {GeoArb} should sneak trades from work
[15:27] {GeoArb} much better
[15:27] {Threei} die you lousy financial monstrousity
[15:28] {Threei} 1:1
[15:28] {Threei} covered half
[15:29] * Threei is sending to magoo request for death dance for JPM
[15:30] {GeoArb} all scalps turing in daytrades :D
[15:30] {Threei} movement wise this one is completed as a scalp
[15:30] {dino} daa daa daa....uh huh, uh huh
[15:30] {Threei} I just want more from it
[15:31] {GeoArb} comeone guys dont kill it
[15:31] {GeoArb} it holds my home mortgage !!!
[15:31] {Threei} why not
[15:31] {Threei} so?
[15:31] {Threei} it's not like they owe you
[15:31] {Threei} you owe them
[15:31] {GeoArb} well as long as loan is forgiven hehehehe
[15:31] {Threei} they go under, you are mortgage-free :)
[15:31] {GeoArb} KILL IT NOW !!!!
[15:31] {Threei} there
[15:31] {ThurstonHowellTheThird} lol
[15:32] {Chaeron} lol... routing for ya Geo
[15:32] {GeoArb} i was bored so orded vad;s book
[15:32] {GeoArb} AFTER buying the course
[15:33] {Threei} which book?
[15:33] {dino} you'll be really bored when it arrives, lol
[15:33] {GeoArb} tape
[15:33] {Threei} TTR?
[15:33] {GeoArb} y
[15:33] {Threei} you won't regret it
[15:33] {GeoArb} i really need to figure out whats JBE and DBI (cant figure out when he says it)
[15:33] {GeoArb} :D
[15:33] {Threei} lol
[15:33] {Threei} magoo
[15:34] {Threei} can you put your elbow in dino's ribcage please?
[15:34] {dino} :)
[15:34] {Threei} :)
[15:34] {magoo} just thru easy button at him
[15:34] {dino} i'm driving him crazy today
[15:35] {Threei} your market today?
[15:35] {dino} lod
[15:35] {dino} below goal, but not bad
[15:35] {Threei} good job
[15:35] {Threei} not my market
[15:35] {Threei} JPM trade will put me at breakeven at best
[15:36] {GeoArb} yeah.... i got scared out
[15:36] {Threei} too many shakes
[15:36] {GeoArb} so -ve
[15:36] {Threei} all stops are within a reason, just a tad too many of them
[15:36] {dino} i think i need to buy this dip
[15:36] {Threei} thanks for NFLX trade and something else that I forgot that kept me not too deep under water
[15:37] {Threei} so JPM should take me at the surafce
[15:37] {Threei} hear that, morgan?
[15:37] {Threei} die
[15:37] {Threei} 1:2, 1/4 more out
[15:37] {Threei} +.40
[15:38] {dino} wow oih -10
[15:38] {Threei} that's some day... equities, oil aand gold down
[15:39] {Threei} btw guys, futures symbol rollover, don't forget
[15:41] {GeoArb} you know maybe i am wrong but my personal opinion is that LII doesnt help me much
[15:42] {dino} everyone is different
[15:42] {GeoArb} maybe am a newbies at ths but get a headache
[15:42] {Threei} what are you trying to use it for?
[15:42] {dino} no, thats just the market in general
[15:43] {GeoArb} mostly for thickness fo stock and volatility
[15:43] {GeoArb} not direction
[15:43] {Threei} right
[15:43] {Threei} so how does it not help?
[15:43] {GeoArb} but even those if my scanner is right i see only the good ones
[15:43] {GeoArb} right?
[15:43] {Threei} look at level 2 BIDU
[15:44] {Threei} and JPM
[15:44] {GeoArb} ok
[15:44] {Threei} which one is safer, by just a single glance on level 2
[15:44] {GeoArb} jpm
[15:44] {Threei} there
[15:44] {GeoArb} wide spread in bidu
[15:44] {Threei} what else do you want from level2? :)
[15:44] {GeoArb} but if my scanner had a max spread filter
[15:44] {Threei} it allowed you to evaluate risk in one second
[15:44] {GeoArb} bidu would never show up
[15:45] {Threei} ummm
[15:45] {Threei} not necesasary
[15:45] {Threei} spread is one factor
[15:45] {Threei} sizes, gap between levels, pace
[15:45] {Threei} all that is not something scanner will help with
[15:45] {GeoArb} can scan for size but not for level and pace agreed
[15:46] {Threei} trailing JPM last portion to .85
[15:48] {Threei} out
[15:49] {Threei} last trade of the day took the day from negative to useless
[15:49] {GeoArb} i promise not to stay home
[15:49] {Threei} thank you
[15:51] {GeoArb} learned a lot.... good days and bad
[15:51] {GeoArb} thanks vad and eveyone
[15:51] {GeoArb} bye
[15:51] {Threei} geo, you are perfectionist, aren't you
[15:51] {dino} fmcn stopped
[15:51] {GeoArb} just an engineer
[15:51] {Threei} biggest winning day is 7 times bigger than biggest losing
[15:52] {Threei} and 4 winning out of 6
[15:52] {GeoArb} thats was lucky bsc short
[15:52] {GeoArb} an abberration
[15:52] {Threei} sigh
[15:52] {Threei} those engineers
[15:53] {GeoArb} "those" forgot previous life eh?
[15:53] {Threei} lol
[15:53] {Threei} life is full of aberrations
[15:54] {Threei} Ok guys, thank you all
[15:54] {Threei} have a good evening, see you tomorrow
[15:55] {bruce} vad - glad you had OK day
[15:55] {Threei} OK is too loud
[15:55] {Threei} barely scratched my way to flat
[15:55] {bruce} k -
[15:56] {bruce} not I
[15:56] {bruce} keep getting almosty all your losing trades and missing wins
[15:56] {bruce} not sure what to do except stop taking all yur calls
[15:56] {Threei} or take all of them?
[15:57] {bruce} not always possible
[15:57] {Threei} it's your selection that undermined your performance today
[15:57] {dino} adding sm de overnight, holding dwsn, adding sm fwlt overnight
[15:57] {Threei} well, whatever you do or whoever you follow, you never will get all of them, right?
[15:58] {bruce} agreed and understood
[15:58] {Threei} most of them gave ample time for entery
[15:58] {Threei} JPM was available
[15:58] {Threei} NFLX too
[15:58] {bruce} missed those
[16:00] {dino} -300, 366 pt range
[16:17] {bruce} you expecting long bounce de overnight dno?
[16:19] {dino} y
[16:20] {bruce} its at support
[16:20] {bruce} but no sign of a reversal here
[16:22] {bruce} hope it works out
[16:25] {dino} small position, not too worried
[16:27] {bruce} I've been learning lots from you
[16:27] {bruce} want to thank you
[16:27] {bruce} still not able to read spikes -
[16:28] {bruce} \but I think I can see some progress on reading slower reversals
[16:28] {bruce} night all
[16:34] {dino} you're doing fine bruce, i see it. you're very good at capitulations

Tuesday, March 18, 2008

Mar 18 2008

Session Time: Tue Mar 18 00:00:00 2008

[08:34] {magoo{ morning
[08:35] {Threei{ Good morning guys
[08:36] {magoo{ hi vad: )
[08:36] {magoo{ mer and leh up big
[08:37] {Threei{ MF too
[08:37] {magoo{ forgot that one
[08:37] {magoo{ nice call on it
[08:37] {Threei{ and even JPM
[08:38] {Threei{ BSC not so much
[08:52] {Threei{ so LEH is fine if you believe the report
[08:52] {Threei{ REPORTS Q1 $0.81 V $0.72E, R $3.51B V $3.35BE
- Had liquidity pool of $34B
[08:52] {Threei{ - Has unencumbered assets of $64B
[08:52] {Threei{ - Q1 ROE 8.6% v 24.4% y/y
[08:52] {Threei{ - Q1 Pretax margin 18.9% v 33.7% y/y
[08:52] {Threei{ - Capital Markets reported net revenues of $1.7B -52%y/y.
[08:52] {Threei{ - Fixed Income Capital Markets reported net revenues of $262M, - 88% y/y
[08:52] {Threei{ - Investment Banking reported net revenues of $867M +2% y/y.
[08:52] {Threei{ - Investment Management reported record net revenues of $968M +39% y/y
[08:53] {Threei{ and GS is even finer
[08:53] {Threei{ REPORTS Q1 $3.23 V $2.58E, R $8.34B V $7.47BE
- Q1 Investment Banking revenue $1.7B, -31% y/y
[08:53] {Threei{ - Q1 Trading Revenues $5.12B, -46% y/y
[08:53] {Threei{ - Q1 AUM $873B, +21% y/y.
[08:53] {Threei{ - CEO states markets are "clearly very difficult" however conditions present "considerable opportunities."
[08:53] {Threei{ - Q1 $1B loss on non-investment-grade credit origination ($3B was rumored in the weekend press)
[08:54] {Threei{ MF says horrible things this morning:
[08:54] {Threei{ rumors are unfounded = kiss of death {G{
[08:55] {Threei{ memories of BSC week-old similar claims immediately pop up
[08:58] {dptl{ good morning all
[08:58] {Threei{ dp :)
[09:00] {dino{ gm all
[09:03] {Threei{ dino :)
[09:07] {GeoArb{ good morning
[09:07] {Threei{ Geo :)
[09:08] {Threei{ everyone remembers we have Fed day?
[09:08] {dptl{ yhoo any news?
[09:09] {Threei{ yeah
[09:09] {magoo{ i feel the media is preaching unrealistic 1 point cut
[09:09] {Threei{ 08:32am [YHOO] Reaffirms Q1 and FY08 forecasts; Provides longer-term goalsmore.. - Yahoo!'s board of directors is continuing to evaluate all of its strategic alternatives to maximize value for Yahoo! stockholders. - Aims to "roughly double operating cash flow over the next three years from $1.9B to $3.7B" - Guides 2010 Revenues (ex-tac) at $8.8B
[09:09] {dptl{ ty
[09:10] {Threei{ mags... these days one can't really tell what's realistic and what isn't... borders between reality and fantasy all but disappear... we are in twilight zone :)
[09:10] {Threei{ whole BSC debacle is out of this universe for instance
[09:11] {magoo{ yeah..but market might be really disappointed with anything less
[09:14] {Threei{ market sets expectations, then trips over them
[09:14] {Threei{ like spoiled child
[09:15] {Threei{ "but I thought I was getting chocolate ice-cream??"
[09:17] {tomg{ gm all
[09:19] {esemde{ morning everyone...start today with an appology for not signing off yesterday.....went out to the links ....a brand new Jack Nicklas Course here "Bear Mountain"....shot 84
[09:19] {esemde{ tomg
[09:20] {Threei{ tom, ese :)
[09:20] {Threei{ I heard that's one nice course ese
[09:20] {esemde{ very nice....
[09:21] * bruce slaps esemde around a bit with a large trout
[09:21] {cosmo{ MDRX needs to hold 10.75 imo
[09:21] {esemde{ bruce....
[09:21] {bruce{ there - that'll teach you to have better manners
[09:21] {Threei{ maryaliceann, look dcc please
[09:21] {bruce{ hopeyou had fun ese
[09:21] {esemde{ forget 10.75 MDRX ...i need to hold 85 man!!!!
[09:22] {maryaliceann{ what is dcc?
[09:22] {esemde{ lots of that game
[09:22] {Threei{ private message
[09:22] {Threei{ doubleclick on my nick, you'll see it
[09:22] {bruce{ I generally shoot about 260 on a round of golf
[09:22] {Threei{ type in new window that will pop up
[09:23] {cosmo{ golf is dangerous ...for me, anyway
[09:23] {bruce{ golf is dangerous for people playong near me
[09:23] {Raven{
3 I got an "A" in golf in college
[09:23] {maryaliceann{ tnxk a mil vad, got it
[09:23] {Threei{ :)
[09:23] {cosmo{ i got a whelt
[09:23] {esemde{ MDRX does look good up 2pts.....
[09:23] {Raven{
3 have not touched a club since then
[09:24] {Raven{
3 welt ?
[09:24] {cosmo{ uh....yes
[09:24] {cosmo{ ouch
[09:24] {Raven{
3 sorry
[09:24] {cosmo{ many years ago
[09:24] {Threei{ if you observed AAPL at the open lately, it often makes wild swing into the low, pauses and jumps big back up
[09:24] {cosmo{ better now
[09:24] {dino{ nice 84 ese
[09:24] {Raven{
3 nice
[09:25] {cosmo{ never again tho
[09:25] {Threei{ having a strong opening, that could provide first quick morning scalp if materializes
[09:25] {bruce{ yes - seen that vad - and decided not worth trading
[09:25] {esemde{ tks dino.....was like sugical strike tough driving course
[09:25] {Threei{ I doubt there would be enouhg time to alert so watch it if that's a play to your liking
[09:26] {dino{ great bear is by me, played it a couple times, usually shhot around 88, it's a jack course too
[09:26] {ThurstonHowellTheThird{ gm all
[09:27] {bruce{ hey thtt
[09:27] {esemde{ THTT morning
[09:27] {esemde{ where is that course dino
[09:27] {Threei{ thtt :)
[09:28] {dino{ stroudsburg, pa (poconos)
[09:28] {esemde{ ahhhhh.....
[09:29] {Threei{ VISA IPO tomorrow if I am not mistaken
[09:29] {Threei{ that should be interesting
[09:29] {Threei{ biggest IPO in history they say
[09:29] {dino{ i have thursday vad
[09:29] {Threei{ and in financial sector, at time like this
[09:29] {esemde{ ya....charge your hares to ti......
[09:29] {cosmo{ MDRX
[09:29] {cosmo{ 11
[09:29] {esemde{ shares that is
[09:29] {Threei{ ty dino
[09:30] {esemde{ try that message again....charge your shares to it,,,,visa that is
[09:30] {Threei{ lol
[09:30] {dino{ "v"
[09:32] {bruce{ dino - strong possibility ofapol going long today
[09:32] {bruce{ apol
[09:32] {bruce{ theres the aapl break long vad
[09:33] {Threei{ one more spike, and should pull back
[09:34] {dino{ ok
[09:34] {cosmo{ ETFC hod
[09:34] {cosmo{ 3.5
[09:34] {Threei{ .90 loss is short if no break of 130
[09:34] {Threei{ but will break forst probably
[09:34] {dino{ fwlt off of 56, imo
[09:34] {bruce{ vrsn possible longsetup vad
[09:35] {Threei{ stop above 130
[09:35] {magoo{ in
[09:35] {magoo{ out .70 TY
[09:35] {Threei{ welcome
[09:35] {magoo{ easy button
[09:36] {bruce{ l apol 54.23 stop .15
[09:37] {Threei{ out .55
[09:37] {magoo{
[09:37] {esemde{ AINV long 1/2 lot 115.65
[09:37] {GeoArb{ slow..
[09:37] {GeoArb{ .35 TY
[09:37] {esemde{ thats 15.65
[09:37] {esemde{ agressive entry
[09:38] {bruce{ stopped apol
[09:38] {esemde{ stop .50
[09:39] {Chaeron{ gm all
[09:39] {Threei{ chaeron :)
[09:40] {magoo{ CHAER : )
[09:40] {Threei{ 101 break short RIMM, small
[09:40] {magoo{ laserr says not avail??????
[09:41] {magoo{ wghat about u vad???
[09:41] {Threei{ same
[09:41] {magoo{ strange times
[09:42] {GeoArb{ is there a message?
[09:42] {GeoArb{ as i dont have it
[09:42] {tomg{ where do you see it on Laser? whether short is available or not
[09:42] {magoo{ u watching LEH at all? magoio is
[09:42] {Threei{ when you send short order
[09:42] {tomg{ ah, ok, ty
[09:42] {GeoArb{ yup
[09:42] {GeoArb{ doesnt work
[09:42] {Threei{ in activity log you get alert if stock is not in a short list
[09:43] {Threei{ aah OK{ message from admin now
[09:43] {Chaeron{ 06:42:41 ADMIN14 --{ (All): We are aware of the issue with shorting OTC and ETFs. We are currently working on it. This issue should be resolved shortly.
[09:43] {GeoArb{ only mentions OTC and ETFs
[09:43] {Threei{ they are working on it
[09:43] {Threei{ OTC is NASDAQ
[09:43] {GeoArb{ ty
[09:44] {Threei{ Over The Counter
[09:44] {Threei{ AAPL was shortable though
[09:44] {magoo{ yep
[09:45] {magoo{ aapl strong
[09:45] {bruce{ sds possible long dino
[09:46] {Threei{ MLNM interesting
[09:46] {dino{ proshares ultrashort
[09:50] {dino{ aet l .50, stop .19
[09:52] {bruce{ thoughts on aapl long play vad?
[09:52] {Threei{ CSIQ 19 long half lot
[09:52] {bruce{ range is pretty nasty
[09:52] {Threei{ .85 stop
[09:52] {dino{ aet stopped -.31
[09:53] {Threei{ not sure here bruce
[09:53] {Threei{ want to see nice juicy drop first
[09:54] {bruce{ k
[09:54] {Threei{ like this
[09:54] {bruce{ wow - nasty aapl shake
[09:55] {Threei{ in .29
[09:55] {Threei{ stop .19
[09:56] {Threei{ out +.40
[09:57] {bruce{ nice trade vad
[09:57] {bruce{ that aapl is one nasty stock
[09:57] {esemde{ OUT ANIV... .62 - .03
[09:57] {Threei{ RIMM short is available again
[09:58] {esemde{ not sure of it's direction now
[09:58] {bruce{ so the play for you was long on strngth with finger on exit immediately if it didn't continue long?
[09:58] {Threei{ on AAPL? it's always like this with these supervolatile ones
[09:59] {Threei{ RIMM .50 break short with stop above .70
[09:59] {bruce{ k - I don't like aapl first thing - pretty much always get stopped in it
[10:00] {Threei{ invalidated
[10:00] {cosmo{ csiq
[10:00] {Threei{ BRCM long .13
[10:00] {Threei{ .99 stop
[10:01] {magoo{ in
[10:02] {dino{ apol sm l .50
[10:03] {bruce{ gutsy dino - I wouldn't try long here in apol
[10:04] {dino{ shfl
[10:07] {esemde{ short QID 54.23
[10:08] {esemde{ 1/2 lot
[10:09] {dino{ apol stop to .90
[10:09] {dino{ :)
[10:09] {dino{ out .91 +.41
[10:10] {bruce{ congrats dino
[10:10] {Threei{ market collapse in a graphic form:
[10:10] {bruce{ long on a spike like that - good read
[10:10] {Threei{
[10:10] {dino{ lucky
[10:10] {dino{ gut feel down hard yesterday
[10:10] {esemde{ ARGH......OUT .21 +.02 hmmmm
[10:11] {bruce{ fmcn possible long dino - volatile
[10:11] {Chaeron{ Vad - lol
[10:11] {esemde{ doesn't work like a stock for sure
[10:11] {dino{ yes, i missed it at 34.25
[10:11] {bruce{ agreed - thought it would go long and tried earlier
[10:11] {dino{ down 8 or 9 yesterday
[10:13] {dino{ 34.75 area?
[10:14] {bruce{ yes - looks like good try about there to me dino
[10:16] {bruce{ if it breaks 36 we could possibly try long there w stop to .78
[10:16] {dino{ tmx rollingover
[10:17] {dino{ s .50, stop .71
[10:20] {Threei{ ADMIN14 --{ (All): The issue regarding the short list has been resolved
[10:21] {Threei{ MER half lot short 43 break if stays under .20
[10:22] {Threei{ 1:1 MER
[10:23] {Threei{ 1;2, me out
[10:23] {magoo{ cover .61 TY
[10:23] {Threei{ welcome sir
[10:24] {Threei{ that was easy
[10:24] {Chaeron{ MER in .99 out .57 + .42 ... muchas thanks Vad
[10:25] {dino{ pery s .67, stop .01
[10:25] {dptl{ mer +.21 ty
[10:28] {Threei{ welcome guys
[10:29] {Threei{ BRCM stop to .04
[10:31] {Threei{ BSC...
[10:31] {Threei{ interesting things happen
[10:31] {curtisweese{ s aapl 129.34
[10:31] {curtisweese{ or not!
[10:32] {GeoArb{ they just claimed ther value is 22
[10:32] {Threei{ and working on blocking the buyout
[10:33] {curtisweese{ out aapl short +.10
[10:35] {curtisweese{ l aapl 129.24
[10:36] {curtisweese{ out aapl +.15
[10:37] {curtisweese{ s aapl 129.50
[10:37] {curtisweese{ out -.07
[10:39] {Threei{ RIMM 102 brealk long
[10:39] {magoo{ feels 130+ coming aapl
[10:39] {magoo{ in off .50
[10:40] {Threei{ aggressive entry here RIMM with stop under .70
[10:40] {Threei{ .81 trigger
[10:41] {Threei{ if you took it aggressively, look to exit half around 102 and keep half for break
[10:42] {Chaeron{ in .79
[10:43] {dino{ pery stopped -.35
[10:43] {magoo{ i took .79 vad
[10:43] {Threei{ you already have over 1:1, lol
[10:43] {Threei{ beauty of aggressive entries
[10:44] {curtisweese{ l aapl 129.74
[10:44] {Threei{ NASDAQ looks breaky
[10:44] {Chaeron{ just to make sure... breaky down or breaky up?
[10:45] {Threei{ no workty
[10:46] {Chaeron{ stopped .69
[10:47] {magoo{ thoughts BRCM vad?
[10:48] {dino{ tmx stopped -.05
[10:48] {Threei{ no thoughts
[10:48] {Threei{ it works or it doesn't
[10:48] {Threei{ .04 stop
[10:48] {bruce{ still in tmx dino moved stop to .6
[10:48] {Threei{ shakeout RIMM...
[10:49] {curtisweese{ out aapl +.14
[10:50] {curtisweese{ s aapl tight stop!!!
[10:51] {Threei{ BSC going back to 60?
[10:52] {dino{ fmcn l .75
[10:53] {curtisweese{ out -.08
[10:53] {Threei{ jeez
[10:53] {Threei{ MF
[10:53] {Threei{ .50 break long half lot
[10:54] {Threei{ .29 stop
[10:54] {dino{ stop to .17
[10:54] {dino{ out, +.42
[10:55] {dino{ too tight
[10:55] {Threei{ stopped
[10:55] {Chaeron{ -.27 on MF
[10:55] {curtisweese{ s aapl
[10:55] {curtisweese{ 129.70
[10:57] {judi{ Judi and Jim signing on Good Morning, we took RIMM at 102 ty
[10:58] {Threei{ judi :)
[10:58] {bruce{ nice play fmcn for you dino - got stopped twice in it
[10:59] {curtisweese{ out aapl short +.24
[11:00] {esemde{ judi judi judi.....!!!!
[11:00] {curtisweese{ L aapl 129.50
[11:00] {curtisweese{ tight stop!
[11:01] {curtisweese{ handle of the cup ;)
[11:01] {tomg{ ignore feature is useful
[11:02] {ThurstonHowellTheThird{ does it work tomg?
[11:02] {GeoArb{ heh tomg ... i read the help on it
[11:02] {tomg{ yep
[11:02] {tomg{ right click on nick
[11:02] {Threei{ of course Geo, why do you think magoo never pays any attention to me
[11:02] {tomg{ control/ignore
[11:02] {ThurstonHowellTheThird{ thx a million tomg :)
[11:02] {tomg{ welcome:)
[11:03] {Threei{ solf
[11:03] {tomg{ ty rimm vad
[11:03] {Threei{ welcome tom
[11:05] {Threei{ I have to leave for 30-40 min guys, driving guest to airport
[11:05] {Threei{ poor thing goes back to frozen snowy Toronto
[11:05] {Chaeron{ drive safe
[11:06] {Threei{ don't corner all cotton there is
[11:06] {Chaeron{ cotton futs are risky :)
[11:07] {curtisweese{ out aapl +.30
[11:07] {curtisweese{ darn...way too early
[11:08] {bruce{ fwlt long dino?
[11:15] {curtisweese{ s aapl 129.57
[11:16] {dino{ ultr s .24, stop .51
[11:16] {dino{ fwlt dk
[11:17] {bruce{ k dino
[11:20] {dino{ thing should be 60, but trades hard
[11:20] {dino{ and there it goes
[11:21] {curtisweese{ out aapl short +.30
[11:22] {dino{ fmcn l .75
[11:22] {curtisweese{ l aapl 129.39
[11:22] {curtisweese{ tight stop!
[11:22] {curtisweese{ scalp on this one
[11:23] {curtisweese{ out +.20
[11:23] {curtisweese{ timed that one perfect
[11:24] {dino{ hod dji
[11:27] {magoo{ any one else held hostafge with me?
[11:27] {ThurstonHowellTheThird{ brcm?
[11:27] {magoo{ yep
[11:27] {dptl{ me
[11:27] {ThurstonHowellTheThird{ yep
[11:28] {ThurstonHowellTheThird{ setting oms (stop module)
[11:32] {bruce{ ibkr looks longon break of 26.50
[11:33] {curtisweese{ l aapl 129.88
[11:33] {curtisweese{ tight stop...might drop fast here
[11:34] {curtisweese{ not looking good :(
[11:35] {dino{ good chart
[11:35] {dino{ ibkr
[11:36] {bruce{ yes - watching it dino - tricky - may retreace to near 36 imo
[11:36] {bruce{ 26 rather
[11:37] {dino{ or both, lol
[11:38] {bruce{ lol
[11:38] {bruce{ I like it - but jerky trader
[11:39] {bruce{ thoughts on entry?
[11:40] {ThurstonHowellTheThird{ in IBKR 26.01 stop under 25.99 ?
[11:40] {dino{ fmcn stop to .99
[11:40] {curtisweese{ come on aapl!!!
[11:41] {dino{ stopped +.24
[11:42] {curtisweese{ out on aapl +.12
[11:42] {dino{ nnds
[11:43] {curtisweese{ sheesh aapl is either a big short here or a big long.... i don't know which
[11:45] {curtisweese{ l aapl
[11:48] {curtisweese{ 130.10 entry for me tight stop .....scalp i guess if i can get it
[11:49] {curtisweese{ out aapl +.18
[11:49] {dino{ xrtx
[11:52] {Threei{ back
[11:52] {Chaeron{ BSC tried to run without you
[11:52] {Threei{ tried?
[11:52] {Threei{ looks like it succeeded :)
[11:53] {GeoArb{ somethign about bondholders buying bsc so that they can vote for the buyout
[11:53] {dino{ fmcn fast drop
[11:56] {bruce{ fmcn looks to have support near 35 - watching to see if holds
[11:56] {Threei{ ese, you in AINV still?
[11:57] {curtisweese{ s aapl.....risky 129.85 i think we get a market drop opinion only :)
[11:58] {curtisweese{ out aapl short $.20!
[11:59] {curtisweese{ out way too early on that one
[12:00] {curtisweese{ l aapl `129.49
[12:01] {bruce{ add artc to watch dino
[12:01] {dino{ ok
[12:03] {curtisweese{ vad, aapl? i'm in at 129.49....your thoughts? looks like a .40 to me if i don't stop out?
[12:04] {curtisweese{ stop city coming
[12:04] {Threei{ stop under .30?
[12:04] {curtisweese{ .25
[12:04] {Threei{ don't overthing it
[12:04] {Threei{ let it trade and tell you what it's going to be
[12:04] {Threei{ profit - fine, loss- whatever
[12:05] {bruce{ trying artc long
[12:06] {dino{ not enough imo
[12:07] {curtisweese{ here we go.....come on!!!
[12:08] {curtisweese{ out aapl made .14
[12:09] {Threei{ 102 break tempting short RIMM
[12:09] {Threei{ so far resistace .25
[12:09] {Threei{ maybe forms something closer for tighter stop
[12:10] {curtisweese{ s aaapl 129.71
[12:10] {bruce{ took your advice - out artc flat
[12:10] {dino{ trust your gut, not mine
[12:12] {curtisweese{ out aapl short made .11
[12:14] {dino{ sm l fmcn .97, wide
[12:16] {curtisweese{ i made my goal but don't want to leave :(
[12:17] {bruce{ emkr dino
[12:19] {dino{ whats your goal curtis
[12:20] {curtisweese{ $500
[12:20] {dino{ gj
[12:21] {dino{ take a break
[12:21] {curtisweese{ i need to go to my real job....hehehe
[12:21] {dino{ emkr off of .50?
[12:21] {curtisweese{ aapl at day high....looking to short one time
[12:21] {Threei{ BSC making me seasick
[12:23] {bruce{ I'd like to see a small pullback dino
[12:23] {dino{ you're tough to please...:)
[12:24] {bruce{ lol - just try to keep stops small - lloks good as long candidate
[12:25] {bruce{ fading a bit - want to see .18 hold in it
[12:26] {dino{ l here, w/stop lod
[12:27] {bruce{ l now at .43 stop .18
[12:29] {dino{ having alot of rtouble w/.50
[12:32] {bruce{ my target 7.8dino
[12:35] {curtisweese{ market up or down from here?
[12:35] {Threei{ got a coin handy?
[12:35] {Threei{ BRCM over 1:1
[12:36] {curtisweese{ s aapl gonna go for it
[12:36] {Threei{ I am out +.14
[12:36] {curtisweese{ missed my entry...grrrrrr
[12:36] {Threei{ now, fess up you whiners... who gave up and abandoned BRCM?
[12:37] {magoo{ I HATE THOSE
[12:37] {magoo{ left @ .06 for LOSS
[12:37] {Threei{ I'll never understand it :)
[12:38] {magoo{ out EMKR @ .74
[12:38] {curtisweese{ s aapl 130.17
[12:39] {Threei{ stop trailed to .04, stock is slow, ssfe, thick enough to not make you watch it tick by tick... why not set stop and go about other business
[12:39] {curtisweese{ out....too scary... -.02 lol
[12:40] {dptl{ out brcm+.20 about time ty
[12:40] {Threei{ whew
[12:40] {dptl{ yeah
[12:40] {Threei{ someone managed to profit from it
[12:40] {dptl{ patience patience:)
[12:42] {bruce{ nice mags
[12:42] {magoo{ your call and dino, went w/ya
[12:42] {Threei{ magoo... dp will lecture you about patience as a virtue today after hours
[12:43] {bruce{ I didn't play it well - dumped at .60 on retrade - should have tken your exit or held
[12:44] {magoo{ i know boss...:) actually, i was in it for hours
[12:44] {magoo{ thought patience was good
[12:46] {dino{ emkr stop to .47
[12:48] {dino{ emkr out +.07\
[12:49] {curtisweese{ s aapl 130.64
[12:50] {bruce{ k dino - glad it was + for you
[12:50] {bruce{ still potential for another run if these retrace levels hold
[12:53] {curtisweese{ out on short made .08 only :(
[12:54] {Threei{ poor thing
[12:54] {Threei{ my heart goes out to you
[12:55] {curtisweese{ :P
[12:56] {curtisweese{ l aapl then! 130.85
[12:58] {curtisweese{ out -.04
[13:00] {Threei{ 7.11 long BSC
[13:00] {Threei{ 6.99 stop
[13:01] {magoo{ in
[13:05] {magoo{ rimm long vad?
[13:05] {Threei{ on .50 break?
[13:06] {Threei{ looks promising
[13:06] {magoo{ yeah w/mkt help
[13:06] {Chaeron{ I get in and BSC goes sideways for first itme
[13:07] {Threei{ if it works, .30 - .50 should be reachable
[13:07] {Threei{ it doesn't, 12 cents stop
[13:07] {Threei{ {shrug{
[13:10] {magoo{ bsc stopped
[13:10] {dino{ out fmcn .37, +.40
[13:11] {Threei{ Fed day is tougher than last week or tweo
[13:11] {Threei{ let's ee if RIMM works
[13:11] {Chaeron{ in
[13:11] {Chaeron{ .51
[13:12] {dino{ ultr cov .10, +.14, all dayyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy
[13:12] {Threei{ lol
[13:12] {curtisweese{ bsc running...jeez
[13:12] {magoo{ RIMM lagging aapl
[13:14] * Threei kicks RIMM in the rear with heavy duty steel-toed army boots
[13:15] {Threei{ half out RIMM +.21
[13:16] {Threei{ stop .45 for the balance
[13:16] {magoo{ out .87 here
[13:16] {magoo{ TY
[13:16] {Threei{ what ty... your find, lol
[13:17] {magoo{ just for being u...: )
[13:17] {Threei{ out 1/4 more +.40
[13:17] {Threei{ for kicking RIMM in the rear... I got it
[13:17] {Chaeron{ out in full 0.87 +.36
[13:17] {Chaeron{ thanks again Vad
[13:18] {Threei{ 1 hour till fed
[13:20] {bruce{ fmcn looks long again dino
[13:20] {dino{ y
[13:21] {bruce{ nervous about trading it - stopped twice
[13:21] {bruce{ good chance for bounce ner 35 imo
[13:22] {Threei{ stop to .65 last porftion RIMM
[13:23] {Threei{ no way I am holding anything but sandwich when Fed come out with 2% rate hike
[13:24] {bruce{ lol - you think bernanke has a mean streak?
[13:25] {Threei{ I think he doesn't care... he is going to be eaten alive and he knows that :)
[13:26] {magoo{ i have apptmt..have to leave soon..will not be back..THANX everybody
[13:26] {Threei{ uh oh
[13:26] {Threei{ we are in troubles
[13:26] {Threei{ voulme in the market dries up greatlty every time magoo leaves
[13:27] {bruce{ take care mags
[13:27] {Threei{ lum is not here, and if curtis goes away for the day, market is toast
[13:27] {curtisweese{ s aapl 131.24
[13:28] {curtisweese{ out made .12
[13:30] {curtisweese{ think market will sell of in front of fed
[13:34] {curtisweese{ s aapl 131.16
[13:35] {dptl{ usu?
[13:37] {Threei{ what do you see in USU dp?
[13:37] {Threei{ so narrow... not sure it can do anything
[13:38] {dptl{ type 1 scalp ma ybe big offer .71
[13:38] {bruce{ vad reqad on pcar as long?
[13:39] {curtisweese{ out aapl short made .30
[13:39] {dptl{ i am just bored waiting for fed .....can't find popcorn ...damn
[13:40] {Threei{ .05 for a scalp maybe bruce
[13:42] {bruce{ k- you don't sound too confident - passing on it
[13:42] {Threei{ yeah, kind of meh trade
[13:42] {curtisweese{ s aapl 131.10
[13:42] {Threei{ can take, can ignore, depneding on degree of boredom
[13:46] {bruce{ lol - boredom tradingis for curtis
[13:46] {dino{ lol
**consensus expectation is for a 75 bps cut to 2.25%, though economists are about evenly split on expectations for 50, 75 and 100 bps. Most of the recent revisions to estimates have been favoring a 100 bps cut.
[13:49] {Threei{ - Some analysts are calling for a 50 bps cut today, massaged by a discussion of all the other extraordinary actions the Fed has taken to support the functioning of the credit markets. Some speculate the FOMC could even stipulate that it will hold an intra meeting policy review between now and May 9th meeting, to emphasize 'it will act in a timely manner', while blunting the perception that further intra-meeting moves are emergency actions.
[13:53] {curtisweese{ out lost .08
[13:53] {Threei{ curtis... too close to fed time now, keep powder dry
[13:54] {curtisweese{ you got it!
[13:54] {curtisweese{ we going to have a short or long ready once fed makes announcement?
[13:54] {Threei{ GGP
[13:55] {bruce{ nice long action in apol tady dino
[13:55] {bruce{ was hared to peg entreis though
[13:57] {Threei{ shirted a bit GGP, covered +.30... tough player
[13:57] {dino{ y
[13:57] {curtisweese{ i think market tanks after fed....priced in 100 pts drops.....anything less and market gets nervous and drops....your thoughts?
[13:58] {Threei{ it sounds logical
[13:58] {Threei{ I just don't know how much logic applies in such nervous times
[13:58] {curtisweese{ i'm going to have aapl or rimm short ready i guess
[13:59] {Threei{ just don't chase too far, and remember how volatile they get after Fed decision
[13:59] {Threei{ countermoves come quickly and are very violent
[13:59] {Threei{ cut donw size
[14:00] {curtisweese{ he will prolly cut it 1.25 just to mess with me
[14:00] {Threei{ I am all for rate hike
[14:04] {curtisweese{ s aapl 130.92
[14:05] {curtisweese{ out made .24
[14:06] {dino{ tleo
[14:06] {curtisweese{ knew it would sell of....too early exit
[14:06] {curtisweese{ or maybe not!
[14:07] {dino{ emkr ouch
[14:07] {curtisweese{ s aapl 130.80
[14:07] {curtisweese{ omg!
[14:08] {curtisweese{ out made .40
[14:08] {curtisweese{ wow
[14:10] {curtisweese{ 1 more time s aapl 130.57
[14:11] {curtisweese{ out made .11
[14:11] {curtisweese{ ok that's it......
[14:11] {Threei{ ah come on, 4 more min
[14:11] {Threei{ you can make 8 more trades
[14:11] {dptl{ lol
[14:11] {curtisweese{ hahahah
[14:12] {curtisweese{ i almost went long right there, but reason reared its ugly head
[14:12] {bruce{ what prmpted second short at .80 curtis? - wprked great but I don't see any reason for that entry
[14:13] {Threei{ itching finger? :)
[14:13] {curtisweese{ i believed that it would sell off, so just shorted and got out and went it went back up from people buying at dip, i shorted again...just looking for scalps
[14:13] {curtisweese{ luckily i got out before a 4th one as buyers came back in
[14:13] {Threei{ 2 min
[14:14] {bruce{ k- thought so -
[14:14] {curtisweese{ i'd say short here 130.82 with a tight stop finger ready
[14:14] {Threei{ 1 min
[14:14] {bruce{ glad it worked
[14:14] {Threei{ *FOMC CUTS TARGET RATE 75 BPS TO 2.25%
[14:14] {dino{ .75
[14:15] {bruce{ k
[14:15] {bruce{ big cut
[14:15] {curtisweese{ s aapl DARN!!! didn't get my fill
- Vote 8-2, Fisher, Plosser dissented
[14:15] {Threei{ - Financial markets are under considerable stress
[14:16] {dino{ tleo
[14:17] {curtisweese{ ouch...that sucked....hit short and missed my fill by .01 cuz it dropped sooooo fast.....would have had almost $1
[14:17] {curtisweese{ but didn't lose money, so i'm happy
[14:18] {judi{ we made +.66 short out before bounce on rimm///TY done for day
[14:18] {Threei{ good job judi
[14:19] {Threei{ wow
[14:19] {curtisweese{ wow doesn't know what to do
[14:19] {Threei{ huge bounce RIMM
[14:19] {Threei{ [13:59] {Threei{ countermoves come quickly and are very violent
[14:22] {Threei{ Says uncertainty on inflation outlook as increased, indicators of inflation expectations have risen and will monitor inflation developments carefully, expects inflation to moderate in coming quarters
[14:22] {Threei{ - Says Labor markets have softened, and Fed will act in timely manner to promote growth, price stability
[14:22] {Chaeron{ key word - violent :)
[14:23] {curtisweese{ s aapl 131.04
[14:23] {curtisweese{ out made .34
[14:24] {curtisweese{ so much more there, but it is moving too fast to count on
[14:25] {Threei{ sit it out
[14:25] {curtisweese{ i'm out now
[14:28] {bruce{ whatever works vad - if he can trade that stuff and make money then so be it - curtis seems to have a tlanet for those volatility plays
[14:28] {curtisweese{ luck
[14:28] {curtisweese{ learning while gambling
[14:29] {curtisweese{ l aapl 129.89
[14:30] {curtisweese{ out lost .06
[14:30] {curtisweese{ too scary
[14:31] {curtisweese{ crap....a second too early
[14:31] {dino{ tleo s .80 sm
[14:32] {bruce{ q's at lod
[14:32] {curtisweese{ s aapl 129.54
[14:33] {curtisweese{ out!
[14:33] {curtisweese{ made .40!!!
[14:33] {curtisweese{ out at .14...that is lowest i see
[14:36] {curtisweese{ s aapl 129.70
[14:37] {bruce{ long bounce near imo
[14:37] {curtisweese{ out
[14:37] {curtisweese{ made .29!
[14:38] {curtisweese{ okay, i really have to go now. bye everyone i'm learning slowly
[14:38] {Threei{ take care curtis, good job
[14:38] {bruce{ bye curtis - congrats
[14:39] {dino{ clda
[14:39] {curtisweese{ thanks! i made 3 times my amount...even when I accidentally bought 20000 shares of bsc instead of 2000 and it went down before i could bail :( I've never been so scared
[14:39] {curtisweese{ i think i pooped my pants a little on that one
[14:40] {dino{ gotta hop, hard bstop tleo .71, back at 3:10
[14:40] {bruce{ geez
[14:41] {curtisweese{ s aapl one more time 130.25
[14:41] {curtisweese{ omg...out! made .28!
[14:41] {curtisweese{ i am on fire
[14:42] {bruce{ thought you were referring to leaving when you said gotta go dcurtis
[14:42] {curtisweese{ i barely have time to type it before i get
[14:42] {curtisweese{ okay okay
[14:42] {bruce{ teasing
[14:43] {curtisweese{ man it looks like another aapl short here.....i wo't do it...leaving...take care everyone
[14:49] {Threei{ state of total and absolute confusion in the market, lol
[14:56] {Threei{ exit doors for shorts are getting crowded
[14:58] {bruce{ bsc long break try vad?
[14:58] {Threei{ it doesan't follow the market
[14:59] {Threei{ its own chart looks right
[14:59] {Threei{ if holding above .35
[14:59] {bruce{ whats your feel - thinking .53 break w 13stop
[14:59] {bruce{ k
- Declines to comment to on whether Bear Sterns collapse a focus of a probe
[15:05] {Threei{ - US mortgage probe could take years to resolve
[15:05] {Threei{ - All phases of securitazation process being examined in mortgage probe
[15:07] {Threei{ why when looking at this market I see cosmo kramer
[15:07] {Threei{ giddy-up!
[15:07] {Threei{ was there any single analyst who would have predicted such rally after .75 cut?
[15:11] {dino{ no and they all said less than 1, drop
[15:11] {dino{ back, tleo stopped flat
[15:11] {dino{ and now it works
[15:11] {Threei{ wow... MLCO lost it
[15:11] {Threei{ I tried to scalp LEH breask of 45
[15:11] {Threei{ trade was questionable, decided not to call it
[15:12] {Threei{ got 45.08 long
[15:12] {Threei{ send sell 45.35 when it spiked
[15:12] {Threei{ MLCO filled me at 45.45
[15:12] {Chaeron{ It's that Nigerian fund account you have there... they like you
[15:12] {Threei{ lol
[15:13] {Threei{ I don't even see it on chart, high is shown as 44.44, and highest I saw on quotes was .38
[15:13] {Threei{ not that I complain, mind you
[15:14] {Chaeron{ naaaa. just like Hillary's futures account... gave her prices that never were there :)
[15:16] {Threei{ do we have more fuelk or not
[15:16] {Threei{ AAPL looks like long with stop under .50
[15:17] {Threei{ but the odds in this kind of market are impossible to estimate
[15:17] {Threei{ pulled back right into support
[15:17] {Threei{ anyone grabbed it?
[15:17] {hawkfan4{ got .54
[15:17] {Threei{ half out
[15:18] {hawkfan4{ 1/2 out
[15:18] {Threei{ and let's see what happens
[15:18] {Threei{ your stop is negligible
[15:18] {Threei{ quite worthy trade in my book
[15:18] {Threei{ good reflexes btw
[15:18] {hawkfan4{ :)
[15:18] {Threei{ you got on exit something like .80?
[15:19] {hawkfan4{ .77
[15:19] {Threei{ beautiful trade
[15:19] {hawkfan4{ stop .48 on the rest
[15:19] {Threei{ magoo, lumdus and curtis would have been proud of us
[15:20] {dino{ gj
[15:20] {Threei{ 132.15 my dream exit
[15:22] {Threei{ out
[15:22] {Threei{ 1 cemnt under the high of spike
[15:23] {Threei{ ask me how I picked it
[15:23] {ThurstonHowellTheThird{ how?
[15:23] {Threei{ I have no idea
[15:23] {ThurstonHowellTheThird{ lol
[15:23] {Threei{ out hawk?
[15:23] {hawkfan4{ out .16 :)
[15:23] {Threei{ beautiful
[15:24] {bruce{ thoughts on klac long vad?
[15:24] {bruce{ drat - we missed second long move emkr dino
[15:24] {Threei{ not sure bruce
[15:24] {bruce{ k - thanx vad
[15:24] {Threei{ looks almost right
[15:25] {bruce{ agreed - but late in day after pretty bigmove - sop still a coin tos trade to me - wanted your opinion
[15:25] {Threei{ something bothers me about it but I can't put a finger on it
[15:25] {dino{ sm fmcn l .80
[15:29] {Threei{ too bad magoo isn't here... I wanted to tease him about BRCM
[15:31] {dino{ sm l clda .12
[15:35] {dino{ out fmcn .20, +.40
[15:36] {bruce{ nice dino
[15:36] {Threei{ USD is rallying on .75 rate cut
[15:36] {Threei{ Gold is dropping on it
[15:36] {Threei{ these are trying times for common sense :)
[15:37] {dino{ ty bruce
[15:38] {dino{ dogs and cats, living together in sin
[15:40] {bruce{ whats wrng w that? - I like sin
[15:41] {dino{ nnds
[15:41] {dino{ live in sin, come on in
[15:42] {Threei{ RIMM
[15:42] {dino{ strom of the century, king
[15:42] {Threei{ 105 break for crazy traders
[15:42] {Threei{ I knew it sounded familiar dino
[15:43] {dino{ we're going to have to sell this rally
[15:44] {Threei{ if it comes back and breaks, stop will be set by the low of this pullback
[15:45] {Threei{ come on RIMM
[15:46] {dino{ clda stop to .59
[15:46] {Threei{ nope, doesn't want to
[15:47] {dino{ to .66
[15:47] {dino{ to .72
[15:47] {dino{ out slip to .71,
[15:48] {dino{ +.59
[15:49] {dino{ sm s nnds .99, stop hod
[15:50] {dino{ hmm, stopping it
[15:51] {Threei{ crazy finish of a cazry day
[15:52] {Threei{ JPM MAINTAINS REGULAR DIVIDEND OF $0.38/SHR- The dividend is payable on April 30 to stockholders of record at the close of business on April 4.
[15:52] {Threei{ thank you all
[15:52] {Threei{ have a good evening, this day deserves a good rest
[15:53] {Threei{ see you tomorrow
[15:53] {ThurstonHowellTheThird{ bye y'all
[15:53] {dptl{ have a good evening all
[15:53] {dino{ thx all, good job today

Monday, March 17, 2008

Mar 17 2008

Session Time: Mon Mar 17 00:00:00 2008

[08:30] {Threei} *Q4 CURRENT ACCOUNT BALANCE: -172.9B$ V -$183.8BE
- Prior revised from -$178.5B to -177.4B$
[08:31] {Threei} MAR EMPIRE MANUFACTURING: -22.2 V -7.4E (LOWEST SINCE JULY 2001)
[08:32] {lumdus} good morning vad. woke up early today, wanted to see bsc. damm, the poor folks. i assume today we end down +500 Point in the dow
[08:32] {Threei} hi lum
[08:32] {Threei} this is stunning
[08:32] {Threei} I sincerely hope no one I know held BSC
[08:32] {Threei} look ar LEH and MER
[08:33] {lumdus} yes, i see all the banks. c, jpm etc.. all in the toilet , flushing
[08:33] {Threei} JPM is actually strangely strong
[08:34] {Threei} and what business does BSC have trading above 3 while being bought for 2... new form of denial among traders?
[08:35] {lumdus} i wont be here for the open. have to run an erand. should be back before 10
[08:35] {lumdus} right i am wondering that also.
[08:35] {lumdus} Vad, first if the shareholders don't agree to 2.00 then there is no deal.
[08:35] {Threei} their alternative is bankruptsy
[08:36] {Threei} good luck disagreeing
[08:36] {lumdus} vad, not me. i have no shares in any bank at all.
[08:36] {lumdus} you know where my money is now
[08:44] {magoo} morniung
[08:44] {Threei} hi mags
[08:45] {lumdus} vad, is today the worst day that you remember pre-market ?
[08:45] {magoo} vad, can u imagine buying andf holding BSC premkt friday at 65??
[08:46] {Threei} gives me creeps magoo
[08:46] {cosmo} TSATA was worse imho
[08:46] {Threei} I guess so lum... my long term memory is not so good though
[08:46] {Threei} (not that my short term memory is much better)
[08:47] {Threei} and magoo... stay assured that every time you express remorse about not holding something overnight I will remind you about BSC :)
[08:48] {Threei} IVAN
[08:49] {Threei} HTL?
[08:50] {Threei} have a look at this piece of news just a week ago:
[08:50] {Threei} NEW YORK – New York – March 10, 2008 — The Bear Stearns Companies Inc. today denied market rumors regarding the firm's liquidity. The company stated that there is absolutely no truth to the rumors of liquidity problems that circulated today in the market.
[08:50] {Threei} Alan Schwartz, President and CEO of The Bear Stearns Companies Inc., said, "Bear Stearns' balance sheet, liquidity and capital remain strong."
[08:51] {cosmo} strong smell, maybe
[08:52] {magoo} he probably will be investigated for fraud vad, and yeah, i never ever ho.d anything overnite
[08:52] {cosmo} SLV off 2% fyi
[09:01] {cosmo} ARNA, CRME
[09:02] {dptl} good morning all
[09:02] {Threei} dp :)
[09:04] {dino} gm all
[09:04] {Threei} dino :)
[09:04] {Threei} LEH
[09:05] {cosmo} is Stable better?
[09:05] {Threei} no such word today
[09:05] {GeoArb} gm all
[09:05] {Threei} Geo :)
[09:05] {Threei} vocabulary today is limited to:
[09:06] {Threei} bad
[09:06] {Threei} worse
[09:06] {Threei} worst
[09:06] {GeoArb} so are we trading with our depends on today?
[09:06] {cosmo} good,
[09:06] {Threei} for creative minds, badder
[09:06] {Threei} LEH is dumping
[09:07] {Threei} MER will follow the suit I guess
[09:08] {dino} no depends guys, today should be fun, be patient
[09:09] {Threei} one thing I want you to do before market opens guys,
[09:09] {Threei} read this:
[09:09] {Threei}
[09:11] {bruce} stable is a downgrade cosmo
[09:12] {cosmo} k
[09:12] {magoo} won't open vad for me or dino
[09:12] {Threei} try
[09:13] {magoo} nope, that either
[09:13] {GeoArb} interesting
[09:13] {GeoArb} i read it
[09:15] {esemde} good morning....conecting automatically....this is a good thing
[09:16] {Threei} ese :)
[09:16] {Threei} can you reach homepage magoo?
[09:16] {Threei} with or without www
[09:18] {Threei} anyone else?
[09:20] {Threei} wake up guys, can you reach that address?
[09:20] {dptl} i can
[09:20] {tomg} i can
[09:20] {dptl} no prob
[09:20] {patience} works great
[09:21] {Threei} ty
[09:22] {esemde} just got it Vad
[09:22] {Threei} :)
[09:22] {magoo} i cant vad
[09:23] {magoo} plus, it crashed my system
[09:23] {Threei} huh?
[09:23] {magoo} i had to reboot, just getting back up
[09:23] {cosmo} it comes up on Netscape just fine
[09:24] {lumdus} nice article vad
[09:24] {lumdus} so why is leh going down also ?
[09:24] {Threei} gosh
[09:24] {Threei} what isn't
[09:24] {ThurstonHowellTheThird} gm all
[09:25] {dino} no 3i
[09:26] {dino} .
[09:26] {Threei} hi thtt
[09:27] {Threei} something on the side of your and magoo ISP then dino... but if it's a dns issue, then address without www should word
[09:28] {magoo} ill have to leave it alone for now, do not want system freeze here at open
[09:28] {Threei} yes mags
[09:28] {Threei} stay calm and patient guys
[09:29] {Threei} do not jump intho the mess we are about to see right away
[09:29] {Threei} let the dust settle down, safety is major consideration on the day like this
[09:29] {lumdus} ok
[09:29] {dino} .
[09:29] {esemde} good post Vad...i'll heed that stay and patient stuff......
[09:29] {bruce} except dino ofcourse
[09:29] {lumdus} just put order for bsc @ 1.00 and you be fine :)
[09:29] {bruce} and lum
[09:30] {Threei} ty ese
[09:30] {cosmo} ARNA tests @ 7 needs to hold 6.85 imo
[09:30] {Threei} BSC daily looks surreal
[09:30] {dino} ?bruce
[09:31] {bruce} joking dino - about letting dust settle
[09:32] {dino} ahh
[09:32] {magoo} leh didn't recover much w/that qqq spike
[09:33] {dino} watchoing de, cat, fwlt
[09:33] {lumdus} suprised the dji only down 180
[09:34] {magoo} ewell...its early
[09:36] {magoo} WOW..LEH big bounce now vad
[09:37] {lumdus} why in the world would bsc bee at 3.70 ? didn't everybody read the news today ?
[09:37] {Threei} mystery to me too lum
[09:38] {GeoArb} overnight short covering?
[09:38] {lumdus} maybe the delievery boy didn't give everybody the paper yet.
[09:38] {Raven} 3 because the BSC employees own a substantial portion of ther stock and they can prolly kill the deal
[09:38] {cosmo} ARNA tests @ 7 fwiw
[09:38] {Raven} 3 so BSC will be shopped around for a higher price
[09:39] {Raven} 3 and there are other interested buyers
[09:39] {magoo} vads ignoring me ..sigh
[09:40] {Threei} 7 worth a try on ARNA
[09:40] {dino} and if i were short i'd be covering anyway
[09:40] {Threei} stop under .80
[09:43] {magoo} in btw
[09:43] {bruce} resistnace near .20 vad
[09:44] {Threei} scalpers can keep stop .89
[09:44] {magoo} 7.06 inet huge
[09:44] {magoo} and gone he he
[09:45] {Threei} woohhooo:
[09:45] {Threei} PRES BUSH: SUPPORTS FED ACTIONS TO BRING ORDER TO FINANCIAL MARKETS, GOVT WILL ACT WHEN NECESSARY- Says US capital markets are functioning 'efficiently'
[09:45] {curtisweese} OMG....YESSSSS
[09:45] {dino} atta boy "w"
[09:45] {magoo} thats "dubya" dino
[09:46] {curtisweese} i shorted 1000 shares of RIMM on Friday at close at 103.62 and just covered at 97.32!!!!
[09:46] {dino} you are suicidal
[09:46] {curtisweese} SOOOO risky
[09:46] {lumdus} the pres candidates better just start explaining how they expect to recover this economy
[09:46] {curtisweese} i did it and then tried to cancel it and it was too late, they had executed it already...i was soooo scared
[09:47] {dino} re-liquify curtis, and then another bubble somewhere
[09:47] {dino} they have already started
[09:47] {Threei} jeez curtis
[09:47] {curtisweese} i'm out now...i have work stuff this morning, so no trading for me
[09:47] {curtisweese} omg...that is a huge relief
[09:48] {magoo} curtis..just look at BSC and see what could happen
[09:48] {curtisweese} well i did short it....LOL
[09:48] {bruce} some support at .95 vad ok tpo move stop near there?
[09:48] {Threei} LEH long small here
[09:48] {Threei} stop under 32
[09:49] {Threei} in
[09:49] {curtisweese} i will be back tomorrow.....every market down and now us.....we might have a great day if things happen the way they have been!
[09:49] {Threei} I guess bruce
[09:50] {lumdus} leh ran
[09:50] {Threei} out LEH
[09:50] {Threei} +.37 I think
[09:51] {magoo} still trying to get out
[09:51] {Threei} I took .50 exit
[09:51] {lumdus} in gg 46.20 stop 46.04
[09:51] {magoo} i was at .65
[09:52] {Threei} greedy greedy
[09:52] {dino} l fwlt .95, stop .69
[09:53] {dino} stopped -.24
[09:56] {bruce} stopped arna
[09:57] {lumdus} l wye 39.89 stop 39.66
[10:00] {magoo} sheesh..stopped arena too
[10:00] {Chaeron} hi all
[10:00] {lumdus} jpm running
[10:00] {Threei} hi chaeron
[10:01] {dino} aet l .25, stop .97
[10:02] {Threei} morning maryaliceann, you made it
[10:02] {lumdus} out jpm + .48
[10:03] {dino} gj
[10:03] {maryaliceann} at last! .. thanks
[10:03] {Chaeron} nice lum... welcome maa
[10:04] {maryaliceann} that sounds good, should change lum to maa
[10:04] {dino} welcome to the jungle maa
[10:05] {Threei} so, why is JPM so happy
[10:05] {dino} short squeeze
[10:05] {lumdus} vad, i am not an anlysts, it showed up on my scanner so i went for it :)
[10:06] {dino} citigroup is next collapse, imo
[10:06] {Threei} MER .35 long small
[10:06] {lumdus} 2:1 on wye. I am still not selling yet
[10:06] {Threei} stop under 39
[10:07] {lumdus} dino, why you think citigroup next ?
[10:07] {dino} they are in a word of sh*t
[10:08] {_pit} any base in ARNA yet?
[10:08] {Threei} MER stop to .09
[10:08] {Threei} nah pit, forget it
[10:10] {Threei} did I get too greedy on MER?
[10:11] {GeoArb} i am out for 20 cents mer
[10:11] {GeoArb} .55
[10:11] {Threei} wtg
[10:12] {GeoArb} trying to erase arna
[10:12] {dino} strange dji only -56
[10:12] {Threei} scalper to the bone marrow eh
[10:12] {GeoArb} heh
[10:12] {Threei} and NQ is down just 20 points dino
[10:12] {Threei} no end of the world today?
[10:12] {Threei} or it's early? :)
[10:13] {Chaeron} shucks and I got all dressed up for it too...
[10:14] {dino} fwlt sm .00 trig. l wider
[10:14] {dino} me too chaer, wore green
[10:16] {dino} no trig cx fwlt
[10:17] {dino} out aet .56, +.31
[10:18] {bruce} nice dino
[10:20] {magoo} any read RIMM vad?
[10:20] {Threei} I am getting it just in time to missd the chance to type a call magoo
[10:20] {Threei} did that twice already
[10:20] {Threei} finally
[10:20] {Threei} out half MER at .70
[10:21] {Threei} +.35
[10:21] {Threei} stop to .25 for the balance
[10:23] {lumdus} bsc rebound sheesh.
[10:23] {Threei} lol
[10:23] {lumdus} way too funny, just watch it.
[10:24] {dino} fwlt l .00
[10:24] {Threei} out MER in full
[10:25] {Threei} + a lot
[10:25] {Threei} forgive me for being too lazy to calculate
[10:26] {dino} csx l .35
[10:26] {Chaeron} :)
[10:27] {dino} going to go green
[10:27] {dino} for st. pat's i guess
[10:27] {Threei} MER up a buck from alert
[10:28] {Threei} can I have a mulligan?
[10:28] {judi} Hi from Jim and Judi
[10:28] {Threei} hi judi
[10:28] {Threei} I mean buck and 30 cents
[10:29] {Threei} I mean... ah forget it
[10:29] {GeoArb} drys
[10:29] {lumdus} jpm up 4.00
[10:29] {bruce} apol dino
[10:31] {Threei} BSC is not from this universe
[10:32] {lumdus} vad, i would take a try with bsc. just worried they hald trading maybe.
[10:32] {dino} watching it bruce
[10:32] {Threei} I don't have any comments on it lum, this is beyond my understanding at all
[10:33] {Threei} it's bought out for pete's sake
[10:33] {dino} fwlt stop to .98
[10:33] {Threei} Raven explained earlier what influences this wierd divergence between price of buyout and price it's trading at
[10:33] {dino} stopped -.02
[10:33] {Threei} but it makes whole thing absolutely unreadable
[10:37] {bruce} add mf to watch list dino
[10:37] {dino} ok
[10:38] {dino} btw bruce, i hit gfig 2x's friday and made money, thx for the spot on it
[10:38] {bruce} good to hear - glad it worked for you dino
[10:40] {dino} mf, capital markets, lawsuits, big losses, careful w/it
[10:40] {Threei} heh... QLTI FDA news, didn't want to go in it out of concern that it';s not a time for a cheapies to move
[10:40] {Threei} look at it
[10:41] {GeoArb} yeah
[10:41] {GeoArb} a twinge of regret here
[10:41] {magoo} one crazy ass market
[10:41] {GeoArb} tinge
[10:41] {Threei} sure is mags
[10:41] {Threei} I am double careful today
[10:42] {dino} mkt confused
[10:42] {Threei} but so far things don't look as scary as they promised to be
[10:43] {Threei} in fact, market starts looking like going gren soon
[10:43] {magoo} cause it is green
[10:43] {bruce} apol looking strong now dino - we probably missed it - but if it retraces to 56 may be worth try
[10:43] {Threei} Dow yes
[10:43] {Threei} NASDAQ is in red still
[10:44] {lumdus} hmm, how wierd it is.
[10:44] {Threei} as far as common sense is concerned, these are trying times
[10:44] {bruce} trying mf long here
[10:44] {dino} thinking same, w/stop .74
[10:44] {Threei} thankfully, we traders are not overburdened with common sense
[10:45] {bruce} agree
[10:46] {bruce} in at 13.99
[10:46] {bruce} sold at .18 on spike
[10:46] {bruce} sheesh
[10:47] {bruce} dumb dumb dumb
[10:47] {dino} fortune favors the bold
[10:48] {dino} out csx .59, +.24
[10:48] {dino} way too soon
[10:49] {dino} fwlt l .90
[10:51] {Threei} RIMM 99.5 level to watch for bounce
[10:52] {lumdus} amzn long
[10:52] {dino} hod
[10:52] {bruce} ah mf retraced - feel better exit on spike rightthing to do after all
[10:52] {Threei} 67 break AMZN for me lum, if holding above .80
[10:55] {bruce} amzn is tricky - sets up long then dumps
[10:56] {Threei} hasn't set up, failed support
[10:57] {Threei} finger on the trigger RIMM
[10:57] {Threei} missed first dive into 99, maybe we get another leg down
[10:57] {Threei} couldn't find guts to short .50 breakdown
[11:01] {Threei} staying on a sideline for now
[11:01] {Threei} hectic moves up and down within narrow range
[11:02] {Threei} sure recipe for being stopped
[11:06] {lumdus} need to be quick today to make the pennies
[11:07] {Threei} AMZN, going to try long on .50 break if stays above .25
[11:08] {dino} apol bruce
[11:09] {dino} l .56 sm wide
[11:09] {bruce} hmm - lower low in it now
[11:10] {Chaeron} *sigh*
[11:10] {bruce} gonna wait a bit on apol dino
[11:10] {dino} thats why small
[11:13] {bruce} wow - mf just dumped another 2.50 dino
[11:13] {bruce} sorry - 2 bucks
[11:13] {dino} alxn
[11:13] {dino} not in, off screen, finanxcials are trucky right now
[11:14] {bruce} any read mf dino_ it's spiking
[11:15] {bruce} 3 buck drop now
[11:15] {dino} can't type today i see
[11:15] {dino} no
[11:15] {bruce} 3.50 drop
[11:17] {bruce} 4.50 drop
[11:18] {Threei} you saw MF news right?
[11:19] {dino} yes trading losses, class actions, etc
[11:19] {Threei} 03/04/08 09:11pm
[11:19] {Threei} [MF] MF Global Ltd. Facing wheat-futures trading probe by Federal law-enforcement officials - WSJ
[11:19] {Threei} - The probe will focus on trades by fired trader Evan Dooley that cost the firm about $141.5M.
[11:19] {dino} i'm staying away
[11:19] {bruce} 5.50 drop
[11:19] {bruce} good plan dino
[11:20] {Threei} capitulation
[11:20] {Chaeron} dang those rogue traders
[11:20] {dino} easier trades out there bruce
[11:20] {bruce} 6.50 drop and still gong
[11:21] {dino} get it off your screen, imo
[11:21] {bruce} jeez - going to 0 -
[11:21] {Chaeron} can't dino.. hypnotized here....
[11:21] {Threei} no kidding, it's mesmerizing
[11:22] {Threei} and good for you as it keeps you from trading at the moment
[11:24] {lumdus} leh short
[11:24] {dino} apol stopped
[11:25] {lumdus} out already +.35
[11:25] {lumdus} that was easy
[11:25] {dino} gj
[11:25] {lumdus} not really could have go way more
[11:26] {Threei} oh boy MF
[11:26] {bruce} maybe we should of .33 c in mf
[11:26] {bruce} bid rather
[11:27] {lumdus} bruce, good idea. let's chip in .. my check of .33 in the mail.
[11:27] {bruce} lol
[11:27] {Threei} you guys are too generous
[11:27] {Threei} I won't bid above .19
[11:27] {lumdus} volume increasing like heck on mf
[11:28] {bruce} starting to look like you're right on your bid vad
[11:28] {Threei} even 4 won't hold
[11:28] {lumdus} how low can it go .. :)
[11:28] {bruce} won't it be stopped on this kind of activity?
[11:29] {lumdus} bruce. i think it could be stopped. but who the heck knows.
[11:31] {dino} risky, sm l alxn .07, stop .53
[11:32] {Threei} news it out, so probably no reason for halt... but...
[11:33] {bruce} so much for safety in ags in times of turmoil
[11:33] {lumdus} aapl wondering if it could make a run
[11:33] {dino} fcsx ouch
[11:34] {dino} capital group again
[11:34] {dino} gfig ouch
[11:34] {dino} same deal
[11:35] {dino} shooting them all
[11:36] {bruce} any read on leh long here vad?
[11:37] {Threei} honestly bruce... any trade at the moment feels like crapsdhoot to me
[11:37] {bruce} k
[11:40] {dino} ibkr
[11:40] {bruce} mf finding support
[11:40] {bruce} aet looking like possible longto me here dino
[11:42] {dino} hmmm ibkr, seems odd they collapse w/other stuff
[11:43] {Threei} RIMM short
[11:43] {Threei} as close to .50 as possible
[11:44] {Threei} first weakness from here
[11:44] {magoo} i like it long..just opinion
[11:44] {Threei} stop above .60
[11:44] {dino} l sm ibksr .50, risky
[11:45] {dino} pnsn
[11:47] {Threei} stopped
[11:47] {Threei} magoo was right
[11:48] {Chaeron} seems like noone right in this slop
[11:52] {Threei} yeah, it's down again... magoo wasn't right {G}
[11:54] {GeoArb} .25 in rimm
[11:54] {GeoArb} held vad's call
[11:54] {GeoArb} thnks
[11:55] {Threei} welcome Geo... scary tohold when it goes against you
[11:55] {Threei} be careful
[11:55] {GeoArb} easy with 100 shares ;)
[11:55] {Threei} monetary wise yes,
[11:55] {Threei} but it's chart that should govern your action
[11:55] {GeoArb} true
[11:56] {Threei} paper trading or small shares trading must be done in the same fashion as you are goinfg tyo trade normal size
[11:56] {GeoArb} my stop was previous pivot high
[11:56] {GeoArb} maybe too wide
[11:56] {Threei} othrwise theere is no learning effect
[11:56] {Threei} if your stop was based differently, that's fine
[11:57] {Threei} as long as there was a reason for it
[11:57] {Threei} bigger time frame, next level of resistance
[11:57] {Threei} no problem with that, it's valid approach
[11:57] {GeoArb} will revaluate.... thanks
[11:57] {Threei} just not a "my position is small, I can try and hold"
[11:57] {GeoArb} ok
[11:57] {Threei} look at RIMM
[11:57] {Threei} grrr'
[12:03] {Threei} MF double bottom is in
[12:03] {Threei} scary as hell
[12:03] {Threei} no specific call guys
[12:03] {Threei} if you feel it, take small
[12:04] {Threei} if you feel you need a specific call, stay away
[12:05] {dino} de sm l .96
[12:08] {dino} fcsx
[12:19] {GeoArb} off to work
[12:19] {GeoArb} thanks all
[12:22] {Threei} take care Geo
[12:26] {bruce} stopped aet +.05c
[12:26] {dino} good stop
[12:27] {bruce} thanx dino - figured thats what you would do - make sure profit doesn't disappear completley
[12:28] {Threei} 97 break RIMM short
[12:29] {bruce} what you thinking for rimm stop vad?
[12:29] {bruce} .25 or so?
[12:29] {Threei} watching all these bounces before setup to see where the best resistance is
[12:29] {bruce} k
[12:29] {Threei} so far yes, .25
[12:30] {Threei} NQ hasn't decided to break down or not yet
[12:30] {Threei} so hesitates RIMM
[12:31] {dino} fcsx
[12:31] {bruce} fwlt - bounce time dino?
[12:31] {dino} brb
[12:32] {dino} if it hoilds .75]
[12:36] {bruce} s rimm
[12:37] {Chaeron} stopped rimm
[12:37] {bruce} stooped rimm-.30
[12:41] {Threei} not much is working today so far
[12:44] {bruce} double bottome de here dino
[12:45] {dino} y
[12:46] {Threei} if you went for MF, feel free to take profit
[12:46] {dino} risky sm, l fmcn .40
[12:50] {bruce} nice one fmcn dno - dont see where you got .40 trigger but sure worked
[12:51] {dino} was waiting for about 20 minutes, one of those, thought it would not get there things
[12:51] {dino} trades strangly
[12:52] {bruce} k- nice job of catching reversal point
[12:52] {bruce} de looking long here
[12:52] {dino} y
[12:56] {bruce} fwlt looks long too
[12:56] {bruce} can set fairly small stop
[12:56] {dino} they all do, lol
[12:57] {bruce} buy everything?
[12:57] {bruce} lol
[12:57] {dino} yes
[13:00] {Threei} MF
- Says Bear stearns investor Joe Lewis is not a client
[13:00] {Threei} - Says has $1.4B in committed, undrawn credit facilities
[13:01] {bruce} vadxrefferring to his persoanl loan to them - nigerian credits
[13:01] {Threei} lol
[13:02] {dino} sounds familiar
[13:02] {bruce} vad - what do you think of a retracement long in rimm near here?
[13:02] {Threei} with stop under .50?
[13:02] {bruce} was noticing the strong support at .50
[13:02] {Threei} I like it chart wise
[13:02] {bruce} wondeirng if worth try
[13:04] {dino} fmcn stopped -.50
[13:06] {bruce} sorry dino - sucks - quick markte drop
[13:07] {bruce} next supprt rimm 97
[13:07] {dino} small no biggie
[13:07] {Chaeron} market telling me not to even bother trying today
[13:07] {dino} still loike it, just where
[13:08] {bruce} yes- hard to pick entries
[13:09] {bruce} rimm bounce on first sign of strength or just back off for now vad?
[13:13] {Threei} ugh
[13:13] {Threei} not sure bruce
[13:13] {Threei} coin toss at this point
[13:14] {bruce} me either - lloks like coin toss on breakdown or bounce
[13:14] {lumdus} ok, tossing coin here. i advise which way
[13:14] {magoo} UP
[13:14] {magoo} heads
[13:14] {magoo} or, heads up
[13:15] {Threei} betting farm here
[13:15] {bruce} wheres dino's gun - worked earlier
[13:15] {bruce} k- I'll help bet your farm for you vad
[13:15] {dino} 32.70 trig l fmcn sm l .70 wide
[13:16] {dino} maybe gun to the head time
[13:17] {magoo} dino gun in my mouth
[13:17] {bruce} lol mags
[13:17] {lumdus} l jpm 39.48 stop 39.36 looked strong when market came dwown
[13:17] {bruce} thats the signal to buy him lunch
[13:20] {bruce} wow - hope you're out dino
[13:20] {bruce} I just lost your farm on you vad
[13:22] {dino} 3 month t-bill yield at 50 year low
[13:26] {Threei} magoo's fault, bruce
[13:26] {dino} not in bruce did not trig
[13:26] {bruce} good
[13:27] {Chaeron} [10:22] {dino} 3 month t-bill yield at 50 year low
[13:27] {Chaeron} [10:26] {Threei} magoo's fault, brucemagoo' fault, dino
[13:27] {Chaeron} what the?
[13:27] {bruce} watching rimm here
[13:27] {Chaeron} either way, it's magoo's fault
[13:28] {bruce} so true chaeron
[13:30] {bruce} magoo obviously asleep
[13:30] {dino} darn missed
[13:30] * bruce slaps magoo around a bit with a large trout
[13:31] {bruce} fwlt , rimm alxn cat
[13:31] {bruce} all possible longs on boucne
[13:31] {lumdus} l amzn 65.55 stop 65.45
[13:32] {lumdus} coin tossing today . after a friday like we had, this is just plain errr
[13:35] {magoo} vad, did ARNA have news today?
[13:35] {Threei} yes
[13:35] {magoo} positive?
[13:35] {Threei} 07:01am [ARNA] Lorcaserin for obesity passes a major safety milestone in independent review
[13:35] {magoo} ok TY
[13:36] {magoo} at 2 pm vad, call RIMM short..that spiked massive rallies 4 days last week
[13:36] {lumdus} bounce time ?
[13:38] {Threei} hmmm
[13:38] {Threei} meltdown is just as likely
[13:39] {bruce} q's breaking new lows here
[13:39] {lumdus} ok i really have 0 idea what's going on today.
[13:40] {Threei} I am right there with you lum
[13:40] {lumdus} what's the deal with sds. looks very strong
[13:44] {magoo} did ucall RIMM short vad??
[13:46] {Threei} no... sorry
[13:46] {Threei} I decided your very mention will be enough
[13:46] {Threei} and it was
[13:46] {lumdus} rally !!!
[13:47] {Threei} LEH
[13:47] {Threei} TICKS UP FROM SESSION LOWS ON TAKEOVER CHATTER- Barclays rumored as possible buyer
[13:48] {dino} yeah at 2 bucks, lol
[13:49] {bruce} was watching leh
[13:49] {bruce} was never a setup w less than 50 stop
[13:53] {bruce} alxn long dino?
[13:54] {dino} i like it\
[13:54] {dino} fmcn triggered
[13:55] {bruce} l alxn .50
[14:03] {dino} out fmcn 34.15, +1.45
[14:04] {bruce} wow - nice dino
[14:04] {bruce} dumped alxn +.06 on weakenss
[14:04] {dino} lucky, but thx
[14:05] {dino} you get de
[14:05] {dino} tech blood
[14:05] {bruce} no
[14:05] {bruce} trading one attime today
[14:06] {dino} ok
[14:06] {dino} lots going here
[14:09] {dino} out ibkr .91, +.41
[14:11] {dino} out de .54, +.58
[14:11] {dptl} Bruce...ty out alxn+.30....and ty for de...earlier got +.22
[14:11] {bruce} great dp
[14:12] {dino} bruce makes us money
[14:12] {magoo} what u stalkin vad?
[14:13] {dino} nice alxn
[14:13] {bruce} great moves dino - I don't trust laser auto stops - so don'twant to enter multiple tades - espcially today agtyer seeing major selloffs
[14:13] {dino} not w/laser, so use them
[14:14] {Threei} can't find anything even remotely looking readable to me at the moment magoo
[14:14] {dino} brb
[14:14] {Threei} bruce, you had any problems with them?
[14:15] {bruce} at times vad- triggersing quite a way below entry
[14:15] {Threei} we are talking OMS module?
[14:15] {bruce} may have been action of stock
[14:15] {bruce} yes
[14:15] {bruce} oms
[14:15] {Threei} OK... worked nicely for me when I tested it but I don't use it regularly
[14:16] {bruce} seems to work well at times
[14:16] {bruce} and not others
[14:22] {dino} bfam
[14:25] {dino} hard stops, bruce, my sometimes fill badly too, but overall they work well
[14:26] {bruce} k- definitley nicer to have them as backup
[14:26] {dino} i'm pretty much an idiot w/o them
[14:27] {bruce} possible long in leh at .50 w 12 c stop
[14:27] {bruce} invalidated
[14:28] {Threei} 97.10 break long RIMM
[14:28] {Threei} if stays above .90
[14:29] {Chaeron} - Oops - CNBC's Cramer Said 'Don't Move' From Bear a Week Before Collapse - 'Mad Money' host drastically underestimated the investment bank's trouble surrounding the mortgage crisis.
[14:30] {Threei} heh
[14:31] {lumdus} if i had to do analysis on bsc it should go up to 5 now.. at least.
[14:31] {Threei} derisory eh
[14:32] {Threei} investors holding BSC in their portfolios conasider today's opening price dderisory
[14:32] {lumdus} what does dderisory mean ?
[14:33] {ThurstonHowellTheThird} laughable, ridiculouse
[14:33] {Threei} ask joe lewis
[14:33] {lumdus} ok, so maybe they get better offer..
[14:33] {bruce} short for damned very sorry vad
[14:33] {lumdus} tx bruce. i no speka de english so good
[14:34] {Threei} lum... to read makes us speak English good
[14:34] {lumdus} in in bsc 4.30
[14:35] {lumdus} i like the news .. hee hee
[14:35] {Threei} lum, just don't hold it overnight
[14:35] {Threei} stay defensive
[14:35] {lumdus} why you think i crazy ?
[14:35] {Threei} book profits or at least protect them by partialing out
[14:36] {Chaeron} not you per se, but the market is :)
[14:36] {Threei} of course I do... and don't tell me you never gave me a reason {G}
[14:36] {Threei} three people in the room are on crazy side
[14:36] {bruce} mago magoo magooo
[14:36] {Chaeron} rofl
[14:36] {lumdus} 1) vad, 2) vad, 3) lumdus
[14:37] {Threei} to be fair, you are the least crazy out of three :)
[14:37] {dino} lol
[14:38] {lumdus} logic says that if the ceo thinks it's a crazy price he will go shopping for better price or at least jpm will go a few bucks higher.
[14:38] {lumdus} so it's worth an intraday shot i think.
[14:38] {Threei} you assume his lamenting is truthful
[14:38] {dino} fmcn sm l .01
[14:39] {dino} fed is pushing him tho, different rules imo
[14:39] {Threei} but these the same people I quoted earlier:
[14:39] {Threei} [08:50] {Threei} have a look at this piece of news just a week ago:
[14:39] {Threei} [08:50] {Threei} BEAR STEARNS DENIES LIQUIDITY RUMORS
[14:39] {Threei} [08:50] {Threei} NEW YORK – New York – March 10, 2008 — The Bear Stearns Companies Inc. today denied market rumors regarding the firm's liquidity. The company stated that there is absolutely no truth to the rumors of liquidity problems that circulated today in the market.
[14:39] {Threei} [08:50] {Threei} Alan Schwartz, President and CEO of The Bear Stearns Companies Inc., said, "Bear Stearns' bal
[14:39] {Threei} absolutely
[14:39] {Threei} no truth
[14:39] {Threei} to the rumors
[14:39] {Threei} how about that?
[14:40] {Chaeron} *cough - lawsuit! cough*
[14:40] {dino} ya think, :)
[14:40] {dino} they filed some friday
[14:40] {Threei} with all the gamesmanchip going on behind the scenes
[14:40] {lumdus} bsc, no liquidity .. and yes, i am a billionare.
[14:41] {Threei} there is no word coming of their mouth that I would take at face value
[14:42] {dino} listen they a saying this to pump and dump
[14:42] {dino} they are already fried
[14:42] {Threei} there
[14:42] {Threei} this I blieve easily
[14:42] {bruce} how about "pass the hat"?
[14:42] {dino} out fmcn .46, +.45
[14:42] {Threei} I don't think anyone went for RIMM break .10
[14:43] {Threei} but if someone did, take profit and be happy
[14:44] {Threei} you are getting good traction on BSC lum
[14:44] {Threei} can I interest you in taking half off the table?
[14:45] {Threei} quite empty day for me
[14:45] {Threei} we have Fed tomorrow, right?
[14:46] {bruce} fds dino
[14:46] {lumdus} bsc +.20 jpm +.45
[14:46] {Chaeron} EU'S ALMUNIA: " EUROPE NO LONGER IN ECONOMIC GOODTIMES" (no "dy no MITE!" ? :)
[14:47] {dino} fds, fat, drunk, "& stupid
[14:47] {Threei} yeah, 2:15 Fed decision
[14:48] {dptl} today?
[14:48] {Chaeron} Tuds
[14:48] {lumdus} in c 18.60
[14:48] {Chaeron} Tuesday
[14:48] {Threei} tomorerow dp
[14:48] {dptl} ok ty
[14:48] {bruce} lol dino
[14:49] {lumdus} i am glad the brillian schumer agrees with the fed. hee hee
[14:49] {dino} fds hmmmm
[14:49] {bruce} out fds - quick scalp +.18
[14:51] {dino} gj
[14:51] {dino} bfam sm l .68, stop lod
[14:51] {bruce} thanx
[14:52] {lumdus} L SGP 19.36 STOP 19.29
[14:52] {Threei} RIMM .70 long if stays above .50
[14:55] * Threei is kicking RIMM in the rear
[14:55] {Chaeron} careful - it kicks back
[14:55] {lumdus} you in already ?
[14:56] {Chaeron} I am
[14:56] {Threei} yes sir
[14:57] {Chaeron} good job with that boot
[14:57] {Threei} 1:1
[14:57] {Threei} 1:2, me out
[14:57] {Threei} wow
[14:57] {Threei} lol
[14:57] {Threei} that was some kick eh
[14:57] {lumdus} out 98.43
[14:57] {lumdus} tx sirr +.63
[14:57] {Threei} welcome lum
[14:58] {Chaeron} 98.46 here... + .72
[14:58] {Chaeron} many thanks Vad
[14:58] {Threei} you are so very welcome
[14:58] {bruce} out rimmsky + .56
[14:58] {dino} gj
[14:58] {Threei} I knew there was a reason I still haven't fell asleep
[14:58] {lumdus} that was so damm qick vad
[14:58] {Chaeron} nice and fast ex on Laser too... just when I needed it most
[15:00] {magoo} TY vad rimm, out ,
[15:00] {Threei} I was wondering mags... :)
[15:00] {Threei} you don't miss this kind of plays unless you are unconscious
[15:00] {magoo} was just waiting at .44
[15:00] {magoo} took l.onger
[15:01] {Threei} mama mia
[15:01] {bruce} I like trading rimm - just wish it was easier to read
[15:01] {Threei} paulson actually just said "we have strong dollar policy"
[15:01] {Threei} wait for me, I need to faint
[15:01] {lumdus} magoo, my fills where .44 & .50
[15:02] {lumdus} maybe he in denial - stronge
[15:02] {Threei} you know bruce
[15:02] {Threei} the more we deal with this one
[15:02] {bruce} never heard of the guy
[15:02] {Threei} the more I come to conclusion that it's quite tradeable under one condition
[15:03] {Threei} pick setups that allow you to keep clean chart based tight stops
[15:03] {dino} chaos?
[15:03] {bruce} its definitely worth learning to trade vad
[15:03] {bruce} quick mov es
[15:03] {Threei} if you do that, you will get one of valid setups working finally
[15:03] {bruce} great liquiditiy\
[15:03] {bruce} and reasonably tight spread
[15:03] {Threei} and what RIMM does whan it works will bring you back tw-threre stops and then some
[15:04] {Threei} and it's not like you run 1 out of 4 odds on it
[15:05] {bruce} it seems to have spots wee it can be read most days
[15:05] {Threei} yes
[15:05] {bruce} picking entrys is key
[15:05] {bruce} fds goinglong again
[15:06] {lumdus} finally sgp up a whole .04
[15:07] {bruce} doggy duty break
[15:08] {magoo} i jusdt hit RIMM 98 to 98.87...sorry
[15:08] {magoo} no way i vcould post
[15:09] {dino} gj
[15:10] {judi} we signing off for today with a +day, thanks all
[15:10] {dino} gj judi
[15:12] {lumdus} vad's call in am to be patient and slow was key to the sucess today.
[15:12] {lumdus} ok, if fed quite, BSC ceo quiet, then we might have a run up :)
[15:14] {Threei} good to hear judi
[15:14] {Threei} and magoo... you know what is coming, don't you?
[15:14] {magoo} huh?
[15:14] * Threei slaps magoo around a bit with a large trout
[15:15] {lumdus} vad, bsc could have eOD rally on think. based on my expert analysis LOL
[15:15] {Threei} for indecent profits
[15:15] {Threei} see lum... you are doing analysis... I grab'em when they trigger and abandon'em as they work or get stopped :)
[15:17] {Threei} but I do respect anyone who can spell analysis, that's more than I can say about myself
[15:17] {lumdus} thank you , please stand up in my honor
[15:17] {lumdus} and don't hit the seat so hard.
[15:18] {Threei} lol
[15:18] {magoo} vad, is this good bounce area RIMM?
[15:18] {lumdus} ok, bsc acting like a good sport, starting to look at least
[15:18] {Threei} it is by chart, I am not sure I understand why it dropped that far while NQ upticking
[15:19] {Threei} no RIMM specific news eithedr
[15:20] {Threei} just be careful, keep stop as if your very life depended on them
[15:20] {lumdus} analysis of bsc so far very good. maybe wsj can hire me.
[15:21] {dino} that will surely screw you up
[15:21] {lumdus} above 5 and we go to 8 right .. !
[15:21] {Threei} and not telling what it will do to WSJ
[15:22] {Threei} dunno about 8 but heck of a job so far lum
[15:22] {lumdus} they didn't pay for that much analysis.
[15:23] {lumdus} stop 4.86 should be nice enoght in 4.50 stop 4.86
[15:23] {Threei} you took RIMM off 97.50 mags?
[15:23] {lumdus} i am out.. crap
[15:24] {magoo} yup
[15:24] {Threei} still in?
[15:24] {magoo} .16 actually
[15:24] {dino} bfam stop to .95
[15:24] {dino} this is one crazy market
[15:25] {Threei} is Dow really up 72?
[15:25] {Threei} or am I hallucinating?
[15:25] {Chaeron} nope.. you're ok
[15:25] {lumdus} no, up 75
[15:25] {Chaeron} 78
[15:25] {Threei} what ca I say.. PPT is good
[15:26] {dino} 94
[15:26] {dino} yeah for a day or so
[15:27] {Threei} sure
[15:27] {Threei} but heck... try to keep above the water market THIS scared
[15:28] {lumdus} c, is pathetic
[15:29] {Threei} look at BSC tumble
[15:30] {Threei} good exit lum
[15:30] {Threei} I don't know what your guts are made of, most likely cast iron... but you played it perfectly
[15:31] {dino} out bfam .04, +.36
[15:31] {lumdus} in bsc 4.72 stop 4.59
[15:32] {lumdus} stop on bsc 4.64
[15:34] {dino} sm l fds .08
[15:35] {lumdus} stop on bsc 4.69
[15:36] {lumdus} hmm, bsc getting tired now. i exit soon
[15:36] {Threei} JASO .80 is tempting for long
[15:36] {Threei} I wish we had more time before eod
[15:37] {lumdus} bsc out
[15:37] {Threei} thing is way safer than it used to be when traded in stratosphere
[15:37] {Chaeron} but not as fun
[15:37] {Threei} lol
[15:39] {Threei} if it can eat through these offers it has aa good chance
[15:39] {Threei} stop would be under .60
[15:47] {Threei} prbably won't happen JASO
[15:47] {Chaeron} .
[15:47] {Chaeron} .
[15:47] {Threei} too close to eod
[15:47] {Threei} worth watching tomorrow though
[15:47] {Threei} but since I will forget anyway...
[15:50] {Threei} Ok guys, let's call it a day if you don't mind terribly
[15:50] {dino} out fds .25, +.17
[15:50] {Threei} thank you all, have a good evening
[15:50] {Threei} see you tomorrow
[15:50] {magoo} TY vad
[15:50] {Threei} welcome sir
[15:50] {Threei} dino grabbed last piece of money from the street :)
[15:51] {dino} indeed sir
[15:51] {Threei} hmm
[15:51] {Threei} JASO
[15:51] {Threei} nah... no time
[15:53] {dptl} have a good evening all:)
[15:55] {dino} take care all
[15:55] {dino} good day overall
[15:59] {dino} fmcn fast fall again
[16:04] {bruce} lots ofbig dumps today
[16:04] {bruce} wish we had some way to grab those
[16:07] {bruce} nightall

Friday, March 14, 2008

Mar 14 2008

Session Time: Fri Mar 14 00:00:00 2008

[08:33] {Threei} *FEB CONSUMER PRICE INDEX M/M: 0.0% V 0.3%E; CPI EX FOOD_ENERGY M/M: 0.0% V 0.2%E; CPI NSA: 211.693 V 212.223E
[08:34] {magoo} morning
[08:34] {Threei} Good morning
[08:34] {Threei} market loved the numbers
[08:36] {magoo} man vad, thats a 100 point spin in dow {again}
[08:37] {magoo} boy, i wouldn't want to be short
[08:37] {magoo} shorts keep getting slammed
[08:37] {Threei} no kidding
[08:38] {Threei} just when it looks like everything goes to hell in basket, market stages rally of scale that would be impressive even in a bull market
[08:48] {magoo} u made good point little $5 stx don't move anymore...they will....but at least we adapted
[08:48] {Threei} I miss them
[08:49] {Threei} not their time in cycle...
[08:50] {magoo} me too...couple bucks up mom..nice
[08:51] {magoo} jesus..even doug kass {ultimate perma short} oin cnbc saying if we go up today..he going home and re evaluate
[08:52] {magoo} talking heads saying shorts are suicidal
[08:52] {Threei} there you go
[08:52] {magoo} 3 abk crushes, a s&p crush, and today crush
[08:52] {Threei} when everyone gives up an idea of a drop, bear returns
[08:53] {magoo} yeah, when talking heads say shorts hurting..time to short
[08:53] {Threei} that's what I said all along, and we have moved into stage 2 now
[08:53] {magoo} although, not yet
[08:53] {Threei} stage 1 was - everyone is bearing, market rallies
[08:53] {Threei} stage 2 - rallies make shorts nervous, sentiment changes slowly,
[08:54] {Threei} it's still hard to believe market can go up while such dark clouds are all over
[08:54] {Threei} but rally after rally makes people rationalize
[08:54] {Threei} and finally they say OK, things are not as bleak
[08:55] {Threei} stage 3 - everyone's convinced we dodged the worst, bear returns
[08:55] {Threei} ummm.. stage 4 - everyone says it was all huge manipulation
[08:56] {Threei} stage 5 - those who traded what they saw come out ahead,
[08:57] {Threei} those who traded what they thought... well, they as usual provided the the first group with money
[09:00] {cosmo} so, what now? ...time to buy real estate?
[09:02] {Threei} soon
[09:03] {cosmo} agree
[09:04] {cosmo} as a hedge...
[09:09] {cosmo} PWER
[09:09] {cosmo} In a letter to PWER mgmt, Bel Fuse (BELFA BELFB) CEO states "There are significant opportunities for the realization of synergies resulting from the combination of our businesses.
[09:10] {cosmo} 2.90 pre mkt high far
[09:12] {GeoArb} good morning
[09:12] {Threei} geo :)
[09:13] {cosmo} TTHI: # Lilly and Transition Therapeutics Announce Licensing and Collaboration AgreementPR Newswire(Thu 5:26pm)
[09:16] {cosmo} SOLF
[09:17] {Threei} BCS
[09:17] {Threei} - JP Morgan in conjunction with the Federal Reserve Bank of New York, has agreed to provide secured funding to Bear Stearns, as necessary, for an initial period of up to 28 days. Through its Discount Window, the Fed will provide non-recourse, back-to-back financing to JPMorgan Chase. JPMorgan Chase is working closely with Bear Stearns on securing permanent financing or other alternatives for the company.
[09:19] {esemde} good morning
[09:19] {dptl} good morning all
[09:19] {Threei} ese, dp :)
[09:21] {Threei} that was BSC, sorry
[09:21] {Threei} wrong symbol
[09:21] {Threei} RIMM
[09:21] {Threei} INDIAN TELECOM OPERATORS NEGOTIATING ON BLACKBERRY USAGE - WSJ- Reminder: On 3/10, there was a report the Indian gov't stated that messages sent using RIMM's system pose a threat to security, citing the difficulty of tracing and intercepting these messages.
[09:22] {Threei} what's with solars
[09:23] {esemde} there up so far this morning........hit rock bottom my guess
[09:24] {GeoArb} vad, whats the symbol of NQ in laser?
[09:24] {dino} gm all
[09:25] {Threei} "/nq8h" - without quotes
[09:25] {Threei} dino :)
[09:25] {GeoArb} 8h or h8?
[09:25] {Threei} 8h
[09:25] {GeoArb} thnx
[09:27] {magoo} why is BSC news considered bad??
[09:27] {magoo} 8 pt drop
[09:27] {Threei} there are more
[09:27] {dino} dogs and cats in sin, you guys talking real estate
[09:28] {Threei} CONFIRMS AGREED TO SECURED LOAN FACILITY WITH JPMORGAN CHASE; SAYS LIQUIDITY IN THE LAST 24 HOURS SIGNIFCANTLY DETERIORATED- agreement with JPMorgan Chaseto provide a secured loan facility for an initial period of up to 28 days allowing Bear Stearns to access liquidity as needed. Bear Stearns also announced that it is talking with JPMorgan Chase & Co. regarding permanent financing or other alternatives.
[09:28] {Threei} - Alan Schwartz, CEO of The Bear Stearns Companies Inc., said, "Bear Stearns has been the subject of a multitude of market rumors regarding our liquidity. We have tried to confront and dispel these rumors and parse fact from fiction. Nevertheless, amidst this market chatter, our liquidity position in the last 24 hours had significantly deteriorated. We took this important step to restore confidence in us in the marketplace, strengthen our liquidity and allow us to continue normal operations."
[09:28] {Threei} - The
[09:28] {Threei} - The company can make no assurance that any strategic alternatives will be successfully completed.
[09:28] {dino} jpm will be buying bsc
[09:28] {dino} at 40
[09:29] {Threei} ABK
[09:29] {Threei} very informative
[09:29] {esemde} inside info dino????
[09:30] {cosmo} SOLF pre mkt high = 10.90
[09:30] {cosmo} fwiw
[09:30] {dino} yes, from inside my gut
[09:31] {dino} they are on the ropes
[09:32] {esemde} TTHI Eli Lily wants to buy it
[09:33] {esemde} wants to commercialize it's diabetes treatments
[09:34] {bruce} qgen moving
[09:35] {bruce} lpnt 2 bucks out of gate dino
[09:36] {bruce} any tho0ughts on qgen .60 break vad?
[09:37] {Threei} if holding above ,45
[09:39] {bruce} you may like akns vad
[09:39] {Threei} solar
[09:39] {Threei} needs whole sector to move
[09:39] {Threei} rarely does it move alone
[09:40] {bruce} k
[09:40] {Threei} FSLR is strong
[09:40] {Threei} so AKNS does have a chance
[09:40] {Threei} although SOLF looks more promising as a follower
[09:40] {magoo} rimm falls
[09:42] {esemde} strong indeed Vad
[09:42] {bruce} should we try goog today curtis?
[09:42] {bruce} just for fun of course
[09:42] {Threei} don't wake up a monster bruce
[09:43] {magoo} curtis, take a look at BIDU
[09:43] {magoo} kidding
[09:43] {bruce} ah bidu is kids stuff
[09:43] {bruce} drys is better
[09:44] {Threei} SOLF is trying
[09:44] {Threei} watching how well it's holding while FSLR drops
[09:44] {Threei} if doesn'tr retreat under .70, will be a long candidate
[09:44] {Threei} .91 trigger
[09:46] {magoo} pretty good fall aapl
[09:46] {magoo} mkt still eractic
[09:47] {Threei} BSC
[09:47] {Threei} break of 50 short, half lot
[09:47] {Threei} ugh... too fast
[09:47] {Threei} no one got it I suppose
[09:47] {magoo} nope
[09:48] {tomg} i did vad
[09:48] {Chaeron} not me either... GM all
[09:48] {GeoArb} i got about 65 cents
[09:48] {Threei} wow guys
[09:48] {GeoArb} on the previous pivot
[09:48] {Threei} fantastic reflexes
[09:48] {GeoArb} only 100 shares though
[09:48] {tomg} about .60, ty vad
[09:48] {bruce} q's selling off vad
[09:49] {Threei} 2.5 points drop off trigger
[09:49] {Threei} hi chaeron
[09:49] {bruce} may be better short or wait for bounce to try longs
[09:49] {magoo} 2.5 seconds notice tho : )
[09:50] {tomg} out
[09:53] {magoo} it was 65 pre mkt
[09:54] {magoo} one of these days i gonna catch one of these
[09:54] {tomg} one of these days i'm not gonna jump out so quick :)
[09:54] {magoo} 7 points vad call now
[09:54] {GeoArb} wo
[09:54] {GeoArb} cought the BSC
[09:54] {GeoArb} \never seen so much money on 100 shares
[09:54] {dino} thought the shorts were toast
[09:55] {dino} buy the dips, sell the rips
[09:55] {Threei} that was yesterday dino :)
[09:55] {Threei} today longs turn
[09:55] {dino} this a.m. on cnbc
[09:55] {Threei} *MARCH PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 70.5 V 69.5E- 1 year inflation expectations at 4.5% v 3.6% in Feb
[09:56] {Threei} BSC, that's a bit too much
[09:56] {dino} yes was thinking 40
[09:57] {magoo} can u imagine buying at 65 this morn
[09:58] {ThurstonHowellTheThird} .....without using a stop
[09:58] {bruce} I bet dino shorted it
[09:58] {dino} icxt sm l .11, stop lod
[09:59] {Threei} bounce time near, RIMM
[09:59] {dino} chickened out bruce
[09:59] {Threei} one last leg down it seems
[09:59] {bruce} cluck
[10:00] {bruce} cluck
[10:00] {bruce} cluck
[10:00] {Threei} 17 points BSC
[10:00] {GeoArb} i am loving BSC
[10:00] {Threei} you still in?
[10:00] {esemde} Solars really following FSLR.....
[10:00] {GeoArb} out now
[10:00] {magoo} i was looking to short that pre shit..but discipline prevailed
[10:00] {ThurstonHowellTheThird} wow
[10:00] {Threei} 21 points
[10:00] {Threei} mama mia
[10:00] {GeoArb} 600 bucks on 100-200 shares
[10:01] {GeoArb} thats gotta be luck
[10:01] {esemde} market just tanking........
[10:01] {Threei} OK RIMM
[10:01] {magoo} it going to negative 5
[10:01] {Threei} finger on a trigger
[10:01] {magoo} long right?
[10:01] {Threei} yeah, bounce scalp
[10:01] {Chaeron} [06:56] {Threei} BSC, that's a bit too much --- BSC to Vad "*I'LL TELL YOU WHEN I'VE THOUGHT IT IS ENOUGH" :)
[10:01] {Threei} lol
[10:02] {dino} 330pt range, fast today
[10:02] {magoo} my god is end of times
[10:02] {Threei} about time
[10:02] {GeoArb} i need to learn hunting and fishing )
[10:02] {Threei} in
[10:03] {magoo} i resident hunter
[10:03] {Threei} out
[10:03] {Threei} that was fast 50 cents on RIMM
[10:03] {magoo} huh? make any?
[10:03] {dino} beyond here, there be monsters
[10:04] {GeoArb} being a newbies... i think ill stayoff countertrend
[10:04] {GeoArb} looks like ulcers
[10:04] {esemde} is it the Bears Stearns news thats the bringer of this doom?
[10:04] {Threei} part of it yes
[10:04] {patience} appears so
[10:04] {Threei} second part is sentimewnt change, CNBC starting talking bear is over
[10:05] {Threei} remember I said a few times
[10:05] {Threei} these ralies happen until outlook in masses in bearish
[10:05] {Threei} they will be over and we will see realdownturn once massses start belieivng it's over
[10:05] {magoo} vad..pull up my earlier commenyt..talking heads one
[10:06] {dino} buy the dips sell the rips, thats bear market trading
[10:07] {bruce} thinking of trying bsc bounce vad?
[10:07] {dino} in
[10:07] {Threei} no
[10:07] {dino} sm
[10:07] {bruce} toolate
[10:07] {dino} 36, 100
[10:07] {Threei} this move is too far beyind ordinary
[10:07] {esemde} this is not for the faint of heart today.....
[10:07] {Threei} can run into halt
[10:08] {Threei} can run into another news release
[10:08] {GeoArb} k
[10:08] {bruce} k- not even thinking of touching bsc
[10:08] {Threei} don't... this is get it early or stay away kind of thing
[10:08] {magoo} bsc lev 2 makes bidu look like nvda
[10:08] {Chaeron} fun to watch at least
[10:09] {magoo} i can't take itttttttttttt
[10:09] {Threei} oh yeah
[10:09] {Threei} this is one of those days
[10:09] {Threei} 1. get your popcorn
[10:09] {magoo} u know me natural instinct
[10:09] {bruce} shpgy break vad?
[10:09] {Threei} 2. set default shares half or third of your usual
[10:09] {magoo} trying discipline here
[10:09] {esemde} FSLR that was a 14.00 tank before it turned
[10:10] {bruce} yeah mags - we know - partners in crime w lum and curitis
[10:10] {GeoArb} i bet laserdave has been whipping it all the way down
[10:10] {Threei} not my cup of tea bruce
[10:10] * Chaeron sets default shares to 5
[10:10] {bruce} k
[10:11] {Threei} 3. take notes of what happens today because this is one of those days you will be telling your grandkinds about
[10:11] {magoo} taking bets..i say close green
[10:11] {dino} black swan
[10:11] {Threei} Great Liquidity Crisis era, the day Bear Sterns fell
[10:11] {GeoArb} about time
[10:12] {GeoArb} poker/golf playing dufus
[10:12] {magoo} vad, how much u make on RIMM, ?
[10:12] {Threei} 50 cents
[10:12] {Threei} me chicken
[10:12] {magoo} only .40 here
[10:13] {magoo} my only trade
[10:14] {bruce} missed it - couldn't decide where to enter or how big stop should be
[10:14] {lumdus} good morning all. woke up damm late again.
[10:14] {GeoArb} i got about 3 dollars from bsc
[10:14] {lumdus} yeah, i missed the best trades i imagine
[10:14] {Threei} hi lum, missing all the fun
[10:14] {Threei} wqtg Geo
[10:14] {bruce} your kinda trades too lum
[10:14] {Chaeron} what a day lum..... we all got 25pts + on short of BSC :)
[10:15] {dino} wtg!!!
[10:15] {Threei} only 20 chaeron, don't make those exaggerated claims undermining our credibility
[10:15] {Chaeron} [07:01] {Threei} 21 points
[10:16] {Chaeron} I was close :)
[10:16] {Threei} hehe
[10:16] {Chaeron} and then dino covers and goes long for an additional 8 points... *wiping tear - thing of beauty*
[10:17] {dino} no, never shorted
[10:17] {Chaeron} so, other than that, how's your day going lum?
[10:17] {dino} icxt stop to .32
[10:17] {Chaeron} (you know I'm teasing lum... but we did miss you)
[10:17] {lumdus} vad, i got screwed today. my ctum changes to ctgi so i don't know if i am up or i am down
[10:17] {dino} out .33, +.22
[10:18] {Threei} CTGI is at 2
[10:19] {lumdus} holly smoke !
[10:19] {lumdus} tx.
[10:20] {bruce} market a t decisoin point after nice bounce - back down or up agiaqn?
[10:21] {bruce} these huge swings are hard (and scary ) to trade vad
[10:21] {Threei} look 2 points out of three I made above
[10:22] {GeoArb} i already trade only 100 shares :(
[10:22] {Threei} that's fine :)
[10:22] {GeoArb} (down to 30) HEHEHE
[10:22] {Threei} nash, keep it reasonable, lol
[10:23] {GeoArb} vad would like you to know I have paid for your course :D
[10:23] {Threei} watching XLF for bounce
[10:23] {GeoArb} thnks
[10:23] {Threei} wow Geo... I am happy to hear that
[10:23] {magoo} XLF not coming up here
[10:23] {Threei} sheesh... mags, you don't have some of major feeds
[10:24] {Threei} you have BSC quotes right?
[10:24] {magoo} what should i have?
[10:24] {magoo} yes
[10:24] {Threei} ok, then your NYSE is fine, but AMEX is not
[10:24] {magoo} ok, thats right, another amex last wk
[10:25] {bruce} amgn looking like long reversal play
[10:25] {magoo} ill tell evadresal
[10:25] {Threei} use BSC to time XLF bounce
[10:26] {magoo} how the hell i do that?????????????????????
[10:26] {Threei} you don't, you need to get AMEX feed first
[10:26] {magoo} ROFLOL
[10:27] {Threei} XLF long here with stop under 24
[10:27] {magoo} sigh..i guess i'm on my own
[10:28] {Threei} yup
- Says will provide liquidity as neccessary to promote orderly functioning of financial system, monitoring market developments
[10:29] {magoo} fresh?
[10:29] {Threei} a few min ago
[10:30] {Threei} XLF 1:1
[10:30] {dino} pcar
[10:30] {Threei} half out for me
[10:30] {Threei} scalpers know what to do
[10:31] {Threei} if they don't they are not scalpers
[10:33] {GeoArb} vad do you use oms mudule for stops?
[10:34] {Threei} if I want to set auto stop, yes,
[10:34] {dino} pcar s break of .00
[10:34] {dino} sm
[10:34] {Threei} but I almost never do that
[10:34] {GeoArb} ok
[10:34] {GeoArb} so whats the alternative?
[10:34] {Threei} manual
[10:35] {Threei} I just click sell
[10:35] {GeoArb} yeah i was afraid of that
[10:35] {Threei} why?
[10:35] {GeoArb} market out?
[10:35] {Threei} best stop is on your fingertips
[10:35] {Threei} if a stock very thick, market
[10:35] {GeoArb} ok
[10:35] {Threei} otherwise same way as I do entries
[10:35] {Threei} a few cents beyond market
[10:35] {GeoArb} ok thanks
[10:37] {curtisweese} s RIMM 103.22
[10:37] {dino} i-bankers are not allowed to fail i see
[10:37] {dino} perhaps if some hookers were sent over, they would let it trade properly
[10:37] {lumdus} dino, if they fail we all faily
[10:38] {dino} one i-bank won't matter over time. part of the process
[10:39] {dino} gs loaded w/bsc puts i bet
[10:39] {curtisweese} out rimm short +.02 :)
[10:40] {curtisweese} dangit!! out 10 sec too early
[10:40] {curtisweese} trying again at 103. this time
[10:42] {curtisweese} out RIMM short +$.40
[10:43] {curtisweese} s RIMM 102.78
[10:44] {curtisweese} out RIMM short -.05
[10:45] {curtisweese} l RIMM 103.04
[10:46] {bruce} aapl lookinglike short - any thoughts on it vad?
[10:46] {GeoArb} bsc daily looks sad
[10:46] {curtisweese} out RIMM +.20
[10:46] {curtisweese} crap...missed .30 on that one
[10:46] {bruce} you play rimm like a pinball machine curtis
[10:46] {GeoArb} and he seems to get about a buck at the end of it heh
[10:47] {curtisweese} heheh...just have to be willing to take .10 losses a lot.....
[10:47] {curtisweese} i made $5k on it yesterday again...well 4,500 or so
[10:47] {bruce} great
[10:47] {dino} wow
[10:47] {curtisweese} s RIMM 103.14
[10:48] {bruce} lol that got dinos attention
[10:48] {dino} cov pcar .63, +.40
[10:48] {dino} i'm just a small guy shooting for 700 a day
[10:49] {dino} srcl l .08, stop .74
[10:49] {curtisweese} that one hurt -$.29 !!
[10:49] {curtisweese} owie!!1
[10:50] {curtisweese} l RIMM 103.65
[10:51] {magoo} how many shares u flipping curtis to make 5k a day, seriously?
[10:51] {curtisweese} out RIMM +.40
[10:51] {dino} hell of a week going curtis
[10:51] {curtisweese} 1000 shares of RIMM and AAPL is what i seem to play over and over now
[10:52] {GeoArb} so you made 5 bucks on rimm yesterday
[10:52] {GeoArb} wow
[10:53] {GeoArb} BSC in talks to sell at 60% of book value
[10:53] {GeoArb} to various
[10:54] {lumdus} in bsc 36.65
[10:54] {GeoArb} i am curious... anyone else got that news?
[10:54] {GeoArb} perfect
[10:54] {Chaeron} mp Geo
[10:54] {dino} blood is running
[10:55] {GeoArb} mp?
[10:55] {Threei} at 10:49 on wires geo
[10:55] {lumdus} stop b/e 31.65 on bsc
[10:55] {lumdus} out 32.05
[10:55] {Chaeron} mp - my pleasure
[10:55] {lumdus} bsc + .40
[10:55] {curtisweese} l RIMM 103.9
[10:55] {GeoArb} i was curious about 60% book value statement
[10:56] {dino} my end of days comment fits bsc
[10:56] {curtisweese} out RIMM -.09
[10:57] {dino} pretty good deal for jpm
[10:58] {bruce} possible long setup - nvda - break of .91
[10:58] {curtisweese} s RIMM 103.72
[10:58] {dino} stupid fed, no risk jpm, fed has risk of default, fed should just do it itself, maybe get gains
[10:59] {dino} srcl stop to .40
[11:01] {curtisweese} -$.10
[11:01] {curtisweese} grrrrrrrrrrrrrrrrrr
[11:01] {dino} out srcl .52, +.44
[11:01] {GeoArb} 5 dojis in a row in rimm
[11:01] {bruce} nice dino
[11:01] {curtisweese} dino, nice work!!1
[11:02] {esemde} hmmmmm just listening to an interview that said there is only a 60% chance that Bernake will be reappointed in 2010....thats a vote of non confidence in my view
[11:03] {ThurstonHowellTheThird} dino, on SRCL, how did you know that was a reversal point?....If you don't mind me askn
[11:03] {curtisweese} l RIMM 103.72 i feel it this time!!! come on!!!!
[11:04] {dino} watched for about hour,daily, 5 dayu, monthl;y chart,hit 50 sma, and the,n, gut feel
[11:04] {ThurstonHowellTheThird} k thx
[11:04] {dino} my edge, fwiw, seems to be capitulation and euphoria, i play contra, small size, wide stops and let them trade
[11:05] {dino} 300-500 shares, srcl was 500, stop stop around .33. on 300 stops around .51
[11:06] {dino} probabilities plays an important part of my trading
[11:06] {dino} and magoo, will tell you, once itm, i get stingy and tighten stop fiercly
[11:06] {bruce} possible reversal here in penn dino
[11:08] {dino} penn tricky, imo someone thinks deal will not happen
[11:08] {bruce} k
[11:09] {Threei} QLTY?
[11:09] {Threei} what just happened?
[11:09] {Threei} I see no news
[11:11] {dino} bs spike is all i see
[11:11] {dino} 8k 6:30
[11:18] {lumdus} poor folks who had bsc from yesterday. my heart goes out to them. that is a huge freekin dump
[11:19] {Threei} it was up nicely pre-market... if they watch their mney they would have taken a gift
[11:20] {dino} when you get lucky, take it- livermoore
[11:21] {curtisweese} especially when fast money and those shows on CNBC all pump it every day while it drops
[11:22] {dino} alex
[11:23] {magoo} vad, how many trades u do today, i saw 2
[11:24] {Threei} calls or personally?
[11:24] {GeoArb} your personal are diff from calls?
[11:24] {GeoArb} for shame !!!!!!!!!!!!!!!!!!!!!
[11:24] {curtisweese} s RIMM 103.02
[11:24] {Threei} yes they are
[11:24] {Threei} not drastically but still
[11:24] {GeoArb} :)
[11:24] {bruce} in fairness - would think some trades move to fast for vad to post
[11:25] {Threei} just so there is no confusion over that
[11:25] {GeoArb} i think vad is secretly trading curtis style
[11:25] {Threei} 1. those that move too fast to post, as bruce said
[11:25] {Threei} 2. those that I deem too risky to call
[11:25] {Threei} 3. those that I miss while alerting
[11:26] {curtisweese} out RIMM +.38
[11:26] {Threei} 4. those that I miss because of dcc, e-mails, mentoring or administrative issues
[11:26] {curtisweese} omg...i left sooooo much money on the table......grrrrrrrrr
[11:26] {GeoArb} crap i was kidding
[11:26] * Chaeron vows never to DCC Vad again
[11:26] {Chaeron} :)
[11:27] {Threei} there could be some minot divergencies aside of those, but mostly these 4 reasons explain the difference
[11:27] {curtisweese} l RIMM 102.39
[11:27] {Threei} nah Geo, fair question
[11:27] {bruce} auxl dino
[11:27] {GeoArb} its impossible for them to be same unless my account is linked to yours hehe
[11:27] {Threei} this matter is often being raised in discussions abolut rooms operation
[11:28] {GeoArb} ala IB
[11:28] {dino} w/mkt help
[11:28] {dptl} ok gonna go get some sleep(was working all night)have good rest of day and good weekend all :)
[11:28] {Threei} and any divergence is being pointed out by square heads as a sign of headtrader dishonesty
[11:28] {dino} later dp
[11:28] {GeoArb} even if you get audio
[11:28] {Threei} take care dp
[11:28] {GeoArb} people just have different trigger fingers
[11:28] {ThurstonHowellTheThird} bye dp
[11:29] {Threei} I won't tell your wife that you were working all nights while she was away
[11:29] {Chaeron} yeah... right... TokyoJoe you aint brother
[11:29] {curtisweese} out RIMM +.16
[11:29] {dptl} lol
[11:29] {Threei} square heads are squeare heads
[11:29] {Threei} I long abandoned atempts to explain or justify
[11:30] {Threei} but I do prefer to be very clear with members about how we operate
[11:30] {GeoArb} fair enough
[11:30] {curtisweese} l RIMM 102.62
[11:30] {Threei} imagine me seeing nice setup at 11:59,
[11:30] {GeoArb} i want to learn to fish anyway
[11:30] {Threei} I call it for the troom,
[11:30] {Threei} but will I take it if I have mentoring session starting at 12:00?
[11:31] {curtisweese} out -$.07
[11:31] {GeoArb} if all i wanted was calls..... i would try to convince you to open an IB friends family account and sign a waiver
[11:31] {GeoArb} hehehe
[11:31] {Threei} well... you know what they say about teaching man to fsh
[11:32] {Threei} he will sit on a boat and drink beer all day
[11:32] {GeoArb} whats wrong with that?
[11:32] {Threei} absolutely nothing
[11:32] {magoo} excuse me..but it was my questuion lol
[11:32] {Threei} I just want to make sure I am invited
[11:32] {GeoArb} heh
[11:32] {dino} you were right auxl
[11:32] {bruce} possibble bear flag in rimm here vad
[11:33] {dino} did someone say beer?
[11:33] {Threei} yes bruce, but trigger is a bit far from stop level for my taste
[11:33] {magoo} i did
[11:34] {Threei} .25 would be a short trigger
[11:34] {Threei} and resistance is fuzzy
[11:34] {bruce} k - nasty stop of .70 orso?
[11:34] {Threei} I would prefer it to consolidate a little to form a firmer and closer one
[11:34] {bruce} k
[11:34] {bruce} passing on it
[11:35] {magoo} id prefer a double bottom bounce to day high
[11:35] {magoo} off here
[11:35] {bruce} still time for auxl dino - thinking .27 break
[11:36] {bruce} thanx vad
[11:37] {magoo} vad, thoughts on my scenario RIMM?
[11:38] {Threei} that would be .75 break
[11:38] {bruce} rimmsky short starting to look better
[11:38] {Threei} but again... where is support for a stop?
[11:38] {magoo} .39
[11:38] {Threei} it's just a bit too wide range to find a solid safe break play
[11:39] {Threei} why .39
[11:39] {Threei} it went much lower several times
[11:39] {Threei} in last 5 min or so
[11:39] {Threei} not very pronounced support, easy to get shaken out
[11:41] {Threei} for any of these plays to be more kosher I'd like RIMM to form a bit tighter range
[11:42] {lumdus} in gg 45.35 stop 45.29
[11:42] {Threei} closer support for a break of .75
[11:42] {Threei} ot closer resistance for a break of .25
[11:42] {Threei} looks better now
[11:42] {magoo} feels like rimm gonna go..risky feel
[11:43] {Threei} with .40 being firmer support
[11:43] {dino} sm de l .50
[11:43] {curtisweese} l RIMM 102.68
[11:45] * Threei slaps Laserdave1 around a bit with a large trout
[11:45] {lumdus} nice heads up magoo
[11:45] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:45] {Threei} 1:1
[11:45] {Threei} nice
[11:45] {curtisweese} moved my stop .95
[11:45] {curtisweese} moved my stop to .12
[11:45] {magoo} i took .66 when talking w/vad
[11:46] {lumdus} i talk .78 crap
[11:46] {magoo} only half lot
[11:46] {lumdus} 3 x lot for me
[11:46] {curtisweese} .39 for my stop
[11:46] {lumdus} .39 mine also
[11:46] {curtisweese} .53 no
[11:46] {dino} bsc 12:30 conference call
[11:47] {lumdus} out here
[11:47] {Threei} BSC
[11:47] {magoo} out her + buck
[11:47] {lumdus} +.93 tx magoo
[11:47] {Chaeron} beautiful trade magoo
[11:47] {Threei} good job guys
[11:47] {dino} i see vad still has me on ignore
[11:47] {magoo} u were listening to me lum?
[11:47] {Threei} no dino :)
[11:47] {Threei} just added details
[11:47] {magoo} i exit .69
[11:48] {dino} :)
[11:48] {bruce} nice move de dino
[11:48] {lumdus} i saw your post , checked rimm and liked it so i took it.
[11:48] {lumdus} stop on gg b/e
[11:48] {magoo} nice lum
[11:48] {magoo} , vad i liked your input too
[11:49] {magoo} [11:42] {Threei} looks better now
[11:49] {magoo} [11:42] {magoo} feels like rimm gonna go..risky feel
[11:49] {magoo} thats where i hit it
[11:49] {Threei} you just like hitting things, admit it
[11:50] {dino} lucky
[11:50] {curtisweese} i'm stuck in trade...screen frozen
[11:50] {Threei} wow
[11:50] {Threei} yikes
[11:50] {magoo} want a brew..dino says too early..i say..hey..all last week had 2 cans down by now
[11:50] {bruce} perfect entry in it - just before jump\
[11:50] {Threei} RIMM?
[11:50] {curtisweese} OMG....that is unaccepatable
[11:50] {curtisweese} got out at .42
[11:50] {dino} out de .91, +.41
[11:50] {curtisweese} tried to get out at .59
[11:50] {Threei} whew
[11:51] {curtisweese} that is such BS!!!! stupid Scottrade
[11:51] {curtisweese} magoo...nice work
[11:51] {Threei} this is when I should say... get broker with highest relaibility possible
[11:51] {curtisweese} never had an issue before....but that is just crap....i had stop set at .53 too
[11:52] {curtisweese} it went right past that and didn't sell and then it hit the fan
[11:52] {Threei} he like living on the edge geo
[11:53] {Threei} curtis, in all seriousness
[11:53] {Chaeron} his pc is an old Commador too :)
[11:53] {Threei} you play big shares on high volatility stocks
[11:53] {curtisweese} my computer is sweet
[11:53] {Threei} one such occurence may cost you so much, you'll swear off all second rate things for the rest of your life
[11:54] {magoo} my GOD,...scottrade the way u flip?? u must have unconfirmed exoits everywhere
[11:54] {Chaeron} ok... so your pc is the car and your trading software the engine, why do you have a Porsche Carrera GT3 with a '63 VW Beetle engine in it?
[11:54] {dino} gals, beer, real estate, hotels, no more 2nd's curtis
[11:54] {curtisweese} lol!!!
[11:54] {magoo} chaer, nice
[11:55] {dino} chaer always goes for the jugler
[11:55] {Threei} lol
[11:55] {curtisweese} my jugular hurts
[11:55] {Chaeron} meanwhile I bitch because Laser is TOO fast for me... I don't get a chance to second guess lol
[11:55] {bruce} any read amzn long vad if breaks 69?
[11:55] {magoo} ah vad, we both been slacking..u or me??
[11:55] {dino} no pleasing you
[11:55] {Threei} say what magoo?
[11:55] * magoo slaps Laserdave1 around a bit with a large trout
[11:55] {dino} now magoo, whats for lunch?
[11:56] {Threei} lookie here mags:
[11:56] {Threei} [11:45] * Threei slaps Laserdave1 around a bit with a large trout
[11:56] {Threei} [11:45] {lumdus} nice heads up magoo
[11:56] {Threei} [11:45] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:56] {Threei} 11 min ago
[11:56] {Threei} now... who's been slacking?
[11:56] {magoo} christ..I been SLACKING
[11:56] {Threei} there
[11:56] {magoo} i deserve a slap
[11:56] {Chaeron} no
[11:56] {Threei} no
[11:56] {Chaeron} won't give you one
[11:57] {Threei} dit and think about your behavior
[11:57] {Threei} sit
[11:57] {Chaeron} I'm a sadist... and I don't give masochists what they want :)
[11:57] {Threei} don't hope to easy way out
[11:57] {Threei} exactly chaeron
[11:57] {Threei} be back in 5
[12:01] {Chaeron} I need about $65million....
[12:03] {dino} working w/ a guy on 15% chaer, call me
[12:06] {Laserdave1} o hey
[12:06] {Laserdave1} nice to see guys as well
[12:06] {Laserdave1} thanks all
[12:06] {Threei} always dave
[12:06] {Chaeron} Dave wakes up...
[12:07] {Chaeron} and I thought Magoo was lagged
[12:08] {lumdus} out gg +.45
[12:09] {lumdus} 3 trades today .. better off then many trades.
[12:10] {dino} udrl
[12:13] {curtisweese} rimm gonna die here?
[12:13] {patience} dino, tell me this isn't your latest purchase
[12:13] {curtisweese} guess not
[12:14] {curtisweese} s RIMM 103.29
[12:14] {magoo} gotta go walk up street and get pizza..dino buying if i walk..he made a ton today
[12:15] {curtisweese} out RIMM +.-9
[12:15] {curtisweese} i mean +.09
[12:15] {bruce} cnx possible short - any read vad?
[12:16] {GeoArb} great day
[12:16] {GeoArb} thanks all... have a great weekend
[12:16] {curtisweese} is there no lag at all with your trade engine? you just click and it is instantaneious
[12:17] {Threei} that's how it is curtis
[12:17] {Threei} you click, it's done
[12:17] {curtisweese} i have a one sec lag it seems
[12:17] {Threei} sheesh
[12:18] {Chaeron} speed of light curtis
[12:20] {Chaeron} Dave is the best to talk to about that and is confidential...
[12:20] {curtisweese}
[12:21] {Chaeron} not confidential about MY account... meaning your confidentiallity
[12:21] {curtisweese} hahhaha
[12:21] {Chaeron} serioiusly
[12:21] {curtisweese} crap didn't get my fill at 103.50 for the short on rimm...grrrrr
[12:21] {dino} auxl ouch, bruce you ok
[12:21] {magoo} chaer dcc quock
[12:21] {curtisweese} too greedy ...should have set it a tad lower....sigh
[12:22] {bruce} gfig reversal dino - too high here but may drop to reasonableentry level
[12:22] {bruce} dumped it dino
[12:22] {bruce} not trading well today though
[12:23] {curtisweese} l RIMM 103.01
[12:24] {dino} sorry to hear
[12:24] {bruce} thanx
[12:24] {bruce} one ofthose days
[12:26] {dino} brakes are good, just picked up a pizza
[12:27] {dino} wow 5 days chart gfig rollercoaster
[12:27] {bruce} \nue possible swhort setup -
[12:28] {bruce} yes - looks to be at bottom though so thought gfig bouncecandiate
[12:28] {dino} bsc may be affecting it
[12:28] {curtisweese} out RIMM +.12
[12:31] {Threei} market is locked in a narrow range
[12:31] {curtisweese} s RIMM 102.94
[12:31] {Threei} until it resolves, anyone's guess which way
[12:32] {curtisweese} out -.11
[12:32] {lumdus} i should have stayed in bsc all day long. would have had a record day
[12:33] {dino} hindsite
[12:33] {Threei} you know it's easy in retrospect only :)
[12:33] {dino} is 2/20
[12:34] {dino} i think we will have more opportunity today
[12:34] {magoo} big ben on cnbc at 1 pm..could cause mkt move
[12:36] {lumdus} tell him to keep quiet
[12:37] {Threei} I am all for it
[12:37] {Threei} better yet - if only we could make nreenspan keep quiet for all those years
[12:37] {magoo} good pizza here
[12:38] {Threei} how many realize that all the mess we are in is direct outcome of greenspan policies
[12:38] {dino} reminds me of long term capital days
[12:38] {Threei} in all fairness, he didn't start it
[12:38] {Threei} but he took it to such extremes
[12:38] {dino} i do, and yet they worship him, easy money al
[12:39] {Threei} yeah... "who needs gold when we have greenspan" come to mind
[12:39] {Threei} not far from "hold my beer and watch this" eh?
[12:39] {dino} encourage sub-prime mtg business
[12:40] {Threei} oh yeah
[12:40] {curtisweese} s RIMM 102.76
[12:40] {dino} curtis, you ever relax?
[12:40] {Threei} no matter who or what started policy of printing money as solution to all problems - re bubble is direct child of greenie
[12:40] {curtisweese} out RIMM +.16
[12:40] {dino} salvation thru inflation
[12:40] {Threei} that was his answer to you dino :)
[12:41] {curtisweese} l RIMM 102.71
[12:41] {dino} yes
[12:42] {Threei} it's toxic... I can sit whole day and watch curtis
[12:42] {curtisweese} out -.12
[12:43] {curtisweese} i need to get "mark to market" distinction for tax purposes, so i need a lot of trades being that i have a full time job and the IRS looks closely b/c of that....
[12:43] {magoo} if curtis is 2k rd god..u flipping clodse to 100k shares ..$800 commission
[12:43] {Threei} BSC is holding conference call
[12:44] {Threei} things being said there affecting market
[12:44] {Threei} be careful guys
[12:44] {magoo} cash here
[12:44] {dino} eating pizza no worries
[12:44] {curtisweese} all cash
[12:45] {dino} same
[12:45] {curtisweese} dino, just saw your 1 p.m. or so
[12:45] {curtisweese} pacific time that is
[12:46] {dino} de lod
[12:46] {Threei} a lot of brikers are out of BSC shorts
[12:46] {Threei} brokers
[12:46] {dino} lol curtis, you're making me tired
[12:47] {ThurstonHowellTheThird} lol, my neck hurts from turning to look at the screen every time I hear a beep on the chat
[12:48] {dino} no volume hear
[12:48] {curtisweese} there is a volume control? lol
[12:48] {curtisweese} i never have sound on
[12:48] {Threei} but thtt... think of how well exercised and flexible tyour neck is going to be
[12:48] {magoo} THTT, u post bail for maryanne?
[12:48] {Chaeron} heheh...
[12:48] {dino} just music in my office
[12:49] {magoo} vad, can i have a beep for chat room?
[12:49] {ThurstonHowellTheThird} I think I have developed a one-sided twich now :(
[12:49] {Threei} yes mags
[12:49] {curtisweese} l RIMM 102.04
[12:50] {Threei} got to File-Options-Sounds
[12:50] {Threei} lkookie there
[12:50] {magoo} is it complicated? i pretty obtuse
[12:50] {Threei} also, just in case someone wonders
[12:50] {Threei} there is a way to make room speak
[12:50] {Threei} and even pick a voice
[12:50] {Threei} extremely annoying if you ask me
[12:51] {curtisweese} out RIMM +.57!
[12:52] {magoo} i see sounds in there w/a + by it..what i do?
[12:52] {dino} working w/lazzard to determine alternatives, hey we are for sale
[12:52] {Threei} depends on what you want it beep on magoo
[12:53] {Threei} there is a dropdown menu with arrow
[12:53] {Threei} three boxes below
[12:53] {dino} should i shut my door
[12:53] {Threei} pick your events,
[12:53] {Threei} configure things,
[12:53] {Threei} then check the box at the top Enable sound
[12:53] {Threei} I'd think so dino
[12:53] {Threei} I hate this stuff honestly :)
[12:54] {Threei} aside of sound of order being executed, I need no other sounds
[12:54] {magoo} ok
[12:57] {dino} i use bright yellow flashes
[12:58] {Chaeron} mag - dcc
[12:59] {curtisweese} l RIMM 102.16
[12:59] {curtisweese} i mean 102.06
[13:01] {magoo} chaer, im there bro
[13:04] {dino} class actions filed bsc
[13:06] {bruce} market dropping - thoughts on nvda short vade?
[13:06] {curtisweese} out RIMM -.05
[13:08] {curtisweese} l RIMM looks like douuble bottom
[13:08] {Threei} a bit conflicted on it bruce
[13:08] {Threei} shart looks favorable for short
[13:09] {bruce} k- me too - looks like we may get bounce - or big dump
[13:09] {Threei} just not sure today's action allows rely on charts very much
[13:09] {bruce} k
[13:13] {magoo} vad type anything
[13:13] {Threei} anything
[13:13] {magoo} nadda prob
[13:13] {magoo} .
[13:14] {dino} chaer dcc
[13:20] {Chaeron} shoot
[13:23] {dino} -320 coming
[13:25] {lumdus} short rimm 101.97 stop 102.15
[13:25] {lumdus} 50/50 crap shoot
[13:25] {curtisweese} i will jump in with ya
[13:25] {curtisweese} hahahaha
[13:25] {bruce} q's really huging yesterdays low at moment vad
[13:26] {curtisweese} my stop is .20 though
[13:26] {Threei} but a bit higher than today's
[13:27] {Threei} so hard to see it as breakdown
[13:27] {lumdus} i got oinked .. bamm
[13:27] {lumdus} vad, so you think we have chance of recovery heare ? mood is rap
[13:27] {Threei} honestly, I have no opinion here on direction
[13:28] {Threei} last couple weeks left me with no desire to predict anything beyond "sun WILL rise tomorrow"
[13:28] {Threei} and even that...
[13:29] {curtisweese} i got stopped out too
[13:29] {Threei} really, how many predictions by anyone, from average joe and all the way to the very top of brilliant market analysts came true these days?
[13:29] {lumdus} not many, you right
[13:29] {Threei} here is one thing I really want you guys to give a thought to
[13:30] {curtisweese} l AAPL 125.94 i think we rally now
[13:30] {curtisweese} or not
[13:30] {Threei} I recently stumbled onto site that goes over predictions made by market reviewers. columnnists, analysts of all sorts
[13:30] {Threei} and tracks them
[13:30] {Threei} ranking all the guys by the percentage of them being right/wrong.
[13:31] {Threei} One thing struck me as odd as soon as I looked over ranking list:
[13:31] {Threei} at the very top of it with somethinbg like 69% was the guy I never considered to be any good at anything
[13:31] {curtisweese} aapl looks to be a good position for long ...with a stop right below 126
[13:31] {curtisweese} or around 125.80 or so
[13:32] {Threei} and somewhere closer to the bottom with 30 something percents was the guy I consider the most brilliant mind
[13:32] {Threei} So I started looking into their methodology
[13:32] {Threei} and one sentence made me dismiss their rankings altogether,
[13:32] {Threei} That sentence was:
[13:32] {Threei} "we do not consider conditional forecasts".
[13:33] {Threei} that was it for me
[13:33] {Threei} because any forecast in the market can be valid ONLY if it's conditional
[13:33] {bruce} rimm looking like possible long here
[13:33] {curtisweese} stop is set at 125.60 for me on aapl...i'm long from 125.94.....
[13:33] {Threei} otherwise it assumes that forecasters sees the future
[13:33] {Threei} One who says "market will drop tomorrow" has no credibility with me.
[13:34] {Threei} One who says "market will drop if this and this happens, and will rise if that and that happens" - this I am willing to listen to
[13:34] {curtisweese} that makes total sense to me
[13:34] {Threei} unfortunately it doesn't to many
[13:34] {Threei} they want the treade being fed to them
[13:35] {curtisweese} i feel we will rally....if the market goes up
[13:35] {curtisweese} ouch on aapl!!
[13:35] {Threei} and no matter how many times they lose on guru type of calls, they still strive for more
[13:35] {curtisweese} just missing my
[13:35] {lumdus} correct you are.
[13:35] {dino} i trust the magic 8-ball
[13:35] {Threei} I do too, but even more so - my dartboard
[13:35] {curtisweese} it went down to .62 or so...come aapl run darn you
[13:36] {Threei} One who confidently says "this is what is going to happen tomorrow" is a fraud
[13:36] {curtisweese} okay.....aapl is warming up....getting ready to run.....pleeeeeeeease run....hahahah!
[13:36] {Threei} Next logical step in this thinking:
[13:37] {Threei} how comfortable reasonable person can feel
[13:37] {Threei} letting financal advisors, managers etc manage their money?
[13:37] {Threei} have those people ever made money in the markets trading their own money?
[13:38] {Threei} or they just obtained certificate graduating form some courses?
[13:38] {curtisweese} out aapl +.16
[13:38] {Threei} and that course taught them how to make money in the market?
[13:38] {Threei} gimmie a break
[13:38] {dino} of course
[13:38] {dino} optm
[13:38] {Threei} of course telling this to you I am preaching to the choire
[13:39] {curtisweese} l on aapl again 126.24
[13:39] {judi} we agree others managing our IRA we lost over $200K in one year. We took over self-directing IRA ourselves
[13:39] {judi} and made money in real estate with IRA funds
[13:39] {curtisweese} i set too tight of a stop on last one....or maybe not
[13:39] {Threei} since you started trading your own money because you weren't confident in ability of those people to do that for you
[13:39] {Threei} there you go judi
[13:39] {Threei} proof of the concept
[13:40] {Threei} of course they all look brilliant in bull market
[13:40] {dino} gj judi
[13:40] {Threei} make money in what we have this year - you have my great respect
[13:40] {dino} agreed
[13:41] {Threei} make money in 1998 - 2000 environment... well
[13:41] {Threei} it's nice
[13:41] {Threei} but doesn't allow to tell brains from bull market
[13:41] {judi} we still have 7 houses no debt but can rent out until market moves. Plus we rode the great wave
[13:41] {Threei} this is brilliance :)
[13:42] {judi} several years and increased our IRA 1000%
[13:42] {Threei} buying blue chips and banks and holding them come hell or high water is not
[13:43] {Threei} whole idea is of "buy and hold, market in a long run always goes up, you can't time the market, it's not a loss until you sell" is a fraud pushed on people
[13:43] {dino} asset alligators
[13:43] {Threei} and designed to encourage them to give their money to alligators
[13:43] {Threei} thanks for the workd dino :)
[13:43] {Threei} word
[13:44] {dino} :)
[13:44] {dino} further, if you are on margin, believe me its a loss as it occurs
[13:44] {Threei} no kidding
[13:44] {bruce} out for balance of day
[13:44] {bruce} have a good weekend all
[13:44] {dino} learned the hard way years ago
[13:44] {bruce} see you monday
[13:44] {Threei} take care bruce, have a good one
[13:44] {dino} take care bruce
[13:44] {bruce} thanx vad
[13:45] {curtisweese} come on aapl....grrrrr
[13:45] {curtisweese} Slaps AAPL around with a large salmon as he can't find a trout
[13:46] * Threei hands curtis a trout... sorry, I borrowed it for min
[13:46] {Threei} to do this:
[13:46] * Threei slaps Laserdave1 around a bit with a large trout
[13:47] {magoo} back
[13:47] {lumdus} we need some good old recovery for the weekend here.
[13:48] {Threei} I wouldn't mind
[13:48] {curtisweese} out aapl +.24
[13:48] {dino} auxl l .52, stop .28
[13:49] {curtisweese} back in aapl long 126.35
[13:49] {curtisweese} doh
[13:50] {dino} blackkkkkk monday
[13:51] {curtisweese} we rally into close before selloff....come i love youuuuuuuuuu
[13:53] {curtisweese} hahaha...she just said "dumper" on CNBC
[13:54] {Threei} lol
[13:54] {Laserdave1} hey cutis dcc please
[13:54] {Laserdave1} curtis
[13:54] {Threei} they start asdopting the terminology
[13:55] {curtisweese}
[13:55] {dino} maybe she was checking someone out, like "nice dumper"
[13:56] {curtisweese} she said the dollar was in the dumper
[13:57] {Threei} hard to argue
[13:57] {Threei} tthere is some ETF thattracks USD I think
[13:57] {curtisweese} i really like aapl...i think i need to break off a little capital for aapl long term
[13:58] {Threei} want to know it for the day when thewy all say get out of us dollar
[13:58] {Threei} I will sell farm, wife and kids and go long
[13:58] {dino} me too
[13:58] {curtisweese} jeez i say i like aapl and it
[13:59] {Threei} you know it by any chance dino?
[14:00] {dino} no
[14:00] {Threei} heck, I will even sell magoo's farm to use money for that trade
[14:00] {dino} but you know what i like soon, dug....ultrashort oil fund
[14:01] {Threei} for short?
[14:01] {curtisweese} short the short fund?
[14:02] {Threei} if you think oil goes up, you short short fund
[14:02] {dino} when oil tops, go long
[14:02] {Threei} yeah... but where does it top, lol
[14:02] {dino} up 1.70 today, oih -3.77
[14:02] {dino} thats the million dollar question
[14:03] {dino} maybe blow off top say 115
[14:03] {Threei} we have fed on March 18
[14:03] {dino} auxl stopped -.24
[14:03] {Threei} they cut rates again, it may fuel another oil/gold run
[14:04] {dino} no if involved, tuesday
[14:04] {Threei} another way to look at it:
[14:04] {magoo} vad, i need other reality service
[14:04] {Threei} they run in advance of another cut,
[14:04] {Threei} and when cut happens they tank,
[14:04] {magoo} how many inches is 10 mm?
[14:04] {dino} will watch
[14:05] {Threei} in realization that rate cuts near their end
[14:06] {Threei} gosh magoo... it's .0394, and I hope to never find out what it is you are measuring
[14:06] {lumdus} anybody quote for ctgi please.
[14:06] {magoo} under an inch ibelieve
[14:06] {magoo} like 1/4 inch?
[14:06] {Threei} 2.11 x .12 lum
[14:06] {curtisweese} market gonna rise now
[14:06] {lumdus} tx boss
[14:06] {curtisweese} come on market get out of it
[14:07] {Threei} {market} don't tell me what to do
[14:07] {curtisweese} hahahahhahaa
[14:08] {magoo} TY, under an 1/8 then
[14:08] {curtisweese} market is gonna rally if recent craziness holds true...everyone thinks we are rally
[14:09] {curtisweese} or b/c i think it goes goes down......grrrrrrr
[14:09] {magoo} except..that would be too easy
[14:11] {Chaeron} magoo - dcc
[14:12] {dino} feels down
[14:13] {curtisweese} double bottom in qqqq and aapl....(ones i'm watching righ tnoww)
[14:13] {curtisweese} well lower than double since they go down....nev mind!
[14:14] {curtisweese} more of a downward lightning bolt!!
[14:14] {curtisweese} zapping your money!!
[14:15] {dino} gfig getting smack
[14:16] {curtisweese} was double bottom.....
[14:16] {curtisweese} too bad i wasn't in :(
[14:18] {magoo} cheaer dcc
[14:21] {Threei} lum... your CTGI at 2.17
[14:22] {lumdus} thank you. i am thinking to sell a few today. .60 to 2.15 aint bad. but only 1 or 2k
[14:27] {curtisweese} look at the market tank
[14:28] {lumdus} everybody is in bad mood that's it. - over the weekend maybe they wake up with smiley faces
[14:28] {lumdus} awesome !! rally time
[14:28] {Threei} they mean they caught camel driver?
[14:29] {dino} lods
[14:30] {Threei} want to see a bounce in RIMM, then breakdown of .50
[14:31] {Threei} ready to short .49
[14:32] {Threei} got .45
[14:33] {Threei} stop above .70
[14:33] {Threei} can take several tries
[14:33] {Threei} come on market, die
[14:33] {Threei} and take your child RIMM with you
[14:39] {Threei} well?
[14:40] {magoo} in
[14:40] {Threei} new low
[14:41] {Threei} grr
[14:41] {dino} sm l gfig .92
[14:41] {Threei} stropped
[14:41] {Threei} got a bit too greedy eh
[14:42] {magoo} me too
[14:42] {judi} for us we had great day, up, we'll retire for the week end while up. Have a good one!
[14:42] {curtisweese} i still market rallies , but time will tell
[14:42] {Threei} have a great weekend judi
[14:42] {curtisweese} err think
[14:42] {curtisweese} sigh
[14:43] {dino} gj judi
[14:44] {dino} out gfig .62, +.70
[14:44] {dino} that was a bruce spot, guy makes me money every day
[14:44] {curtisweese} dino!!! now who is raping the market!! YOU
[14:45] {curtisweese} good job bruce
[14:47] {dino} just lucky curtis
[14:48] {curtisweese} my screen keeps flashing green as stocks tick up....come on market can do eeeeet!
[14:49] {dino} my scanner all red again
[14:50] {curtisweese} soon as i hit send to the chat room the market laughs at me and goes down again
[14:50] {curtisweese} and now it goes up
[14:52] {curtisweese} i'm gonna go long..... okay AAPL 125.28 entry.....come on aapl, you hurt me earlier!!!
[14:53] {dino} moby dick
[14:53] {curtisweese} my white whale!
[14:53] {curtisweese} hahahaha
[14:53] {dino} =apple, ishmail is dino
[14:53] {dino} that stock guts me
[14:54] {curtisweese} it is gonna go up at least .30
[14:54] {curtisweese} i'm forcing it too...talking to steve jobs right now.....
[14:55] {dino} well all things considered its up about 6 bucks from monday
[14:55] {curtisweese} comes the break ! run darn you run!!!
[14:55] {dino} gfig sm l .11
[14:57] {curtisweese} out aapl +.60
[14:57] {dino} gj
[14:57] {magoo} nice
[14:59] {curtisweese} l aapl 126
[14:59] {curtisweese} nooooooooo go back up!!
[15:03] {dino} brb
[15:06] {curtisweese} out -.17
[15:08] {dino} gfig stopped .87-.23
[15:08] {curtisweese} crap...i sold too early.....sigh
[15:09] {lumdus} aapl long
[15:09] {curtisweese} one more time....aapl long 125.99
[15:09] {curtisweese} nice!!
[15:09] {lumdus} curit .. ha haa i got .88
[15:10] {curtisweese} doh!!!
[15:10] {lumdus} have a sell at 128.
[15:10] {curtisweese} wow...i hope you are rigth
[15:11] {curtisweese} here it goes.... (i hope i hope)
[15:12] {patience} dino, where do you think the dow ends today, thanks...
[15:12] {dino} wlp l .85 stop lod
[15:12] {lumdus} aapl move yourself now
[15:12] {curtisweese} market is gonna help it
[15:13] {lumdus} 1 lot out 126.39 2 lot stop b/e
[15:13] {lumdus} stop 125.99 for the 2 lot
[15:13] {magoo} this is crazy mkt
[15:13] {lumdus} out lot #2 126.70 + .85
[15:14] {curtisweese} out +ave .77
[15:14] {curtisweese} nice work
[15:14] {dino} gfig big old rinse while i was out
[15:14] {Threei} 15:13] {magoo} this is crazy mkt {--- this strikes me as a winner on obvious statements department {GGG}
[15:14] {lumdus} tx curtis good heads up
[15:15] {Threei} lum... 2.25
[15:15] {magoo} vad, on our rimm sh..i was waiting greedy and pulled order..took stop..dumb
[15:15] {lumdus} what ?
[15:15] {Threei} CTGI :)
[15:15] {Threei} mags
[15:15] {lumdus} oh, yeah .. go for it.
[15:15] {curtisweese} i'm gonna buy back in on a drop i think
[15:15] {Threei} wanna know what's very very funny?
[15:16] {lumdus} vad, i am so distracted today. my head is watching too much
[15:16] {dino} y not?
[15:16] {Threei} what go for it... just keeping you updated since you got no quotes on it
[15:16] {Threei} magoo
[15:16] {lumdus} tx vad. you a jem !
[15:16] {lumdus} out rest aapl .85 + 1.05
[15:17] {lumdus} man, what a day today. i don't need to come back for all next week.
[15:17] {Threei} what go for it... just keeping you updated since you got no quotes on it yeah, and your personal assistant (for a small administrative fee of course)
[15:17] {Threei} oh boy
[15:17] {Threei} that was a lot of different lines in one :)
[15:17] {dino} ccow
[15:17] {Threei} magoo
[15:17] {Threei} wanna know what's very very funny?
[15:18] {magoo} yep
[15:18] {Threei} I did exactly the same thing on RIMM
[15:18] {lumdus} i am ready tell the jok already
[15:18] {curtisweese} l aapl 126.75
[15:18] {Threei} had bid where you did
[15:18] {Threei} and pulled it
[15:18] {magoo} even sh .45 and canx .21?
[15:18] {Threei} only to get stopped instead of taking 1:1
[15:18] {Threei} yes
[15:18] {magoo} HE HE
[15:19] {Threei} BSC
[15:19] {Threei} HEARING RUMORS CIRCULATING THAT BUFFETT MAY BE SHOWING SOME INTEREST IN CO- reminder: there have been periodic rumors over the last six months that Buffett was considering buying a stake in BSC
[15:19] {curtisweese} out +.10
[15:20] {dino} out wlp .05, +.20
[15:20] {Threei} I can just see group of people sitrting head to head bent over a deck, cnain-smking nervously, drinking coffee by gallons and coming up with new rumors to support the market
[15:21] {dino} why bother buffet, divide it up among the remaining
[15:21] {lumdus} vad, thanks . no need for quotes for ctgi. i sold 4k and done . maybe next month sell more
[15:21] {Threei} OK :)
[15:21] {curtisweese} l aapl 126.79
[15:21] {lumdus} how bad is the BSC situation . can they close ?
[15:22] {dino} you guys w/bsc laserdave?
[15:23] {magoo} u know, this spike was so obvious..did it everyday but one..that i thought way..everyone wants it
[15:23] {magoo} sigh
[15:23] {Threei} no dino
[15:23] {Threei} nothing to do with them
[15:24] {magoo} dino thinx bear cap is subdiv of bear stearns
[15:24] {dino} wbmd
[15:24] {Threei} who knows lum... their situation is obviously bad, but fed obviously think it cannot be allowed to fail
[15:25] {dino} don't think, just asking
[15:25] {lumdus} vad, i worked for them one time and they sacked me .. so ha ha ha
[15:25] {Threei} lol
[15:25] {magoo} jesus..rimm 103 vad?
[15:26] {magoo} u flippin it behind magoo's back?
[15:26] {Threei} no... I am very inactive today
[15:26] {magoo} cause i am behind yours lol
[15:27] {Threei} enjoy :)
[15:28] {curtisweese} out aapl +.15
[15:29] {magoo} vad, this last hour is like the contra of the way..but no way obvious happens
[15:29] {Threei} lol
[15:29] {magoo} and that acxtually makes sence
[15:30] {Threei} not really
[15:30] {Threei} but then again
[15:31] {Threei} I am famous for not making sense
[15:31] {Threei} so I would be a last person to berate you for it
[15:31] {ThurstonHowellTheThird} see you all monday; everyone have a good weekend
[15:31] {Threei} take care thtt, have a great one
[15:32] {magoo} cruise this weekend THTT?
[15:32] {dino} tht3 take care
[15:34] {dino} bsc 30
[15:36] {curtisweese} l aapl 126.22
[15:45] {dino} most likely done, thanks for a good week, some great ideas
[15:45] {Threei} have a good weekend dino
[15:45] {dino} ty
[15:45] {dino} u2
[15:47] {magoo} TY vad, i had best week in awhile
[15:47] {Threei} very rewarding to hear
[15:47] {Threei} especially at times when almost everyone hurts
[15:47] {lumdus} magoo, well i had my best week ever and today was my best day ever. i am on a high. hopefully i calm down by monday or i don't show up.
[15:48] {magoo} made daily today too
[15:48] {lumdus} interesting magoo. . i wonder what it's about our trading .
[15:48] {magoo} always gotta top me Lum he he {kidding..nice job}
[15:49] {Threei} we know what we are doing? :)
[15:50] {lumdus} i guess so. man, i am staring at my account i can't believe it. better shutdown before the wife sees it and spends it all.
[15:50] {Threei} rofl
[15:50] {lumdus} have a great weekend all. See you maybe Monday. (if i calm down)
[15:50] {Threei} take care, have a good one
[15:52] {magoo} good nite all..just gave dino a beer
[15:52] {Threei} thank you all
[15:52] {Threei} have a great relaxing weekend
[15:53] {Threei} see you all on Monday

Thursday, March 13, 2008

Mar 13 2008

Session Time: Thu Mar 13 00:00:00 2008

- Prior Initial Jobless Claims revised from 351K to 353K
[08:31] {Threei} *FEB ADVANCE RETAIL SALES: -0.6% V 0.2%E; LESS AUTOS: -0.2% V 0.2%E
- Prior Advanced Retails Sales revised from 0.3% to 0.4%
[08:31] {Threei} - Prior less autos revised from 0.3% to 0.5%
[08:42] {cosmo} JASO
[08:47] {dino} gm all. question, anyone here ever deal w/natural gas leases?
[08:48] {Threei} hi dino
[08:48] {dino} 3i :)
[08:49] {cosmo} natural gas releases?
[08:49] {Raven} 3 rofl
[08:50] {Raven} 3 gm cosmoski :)
[08:50] {cosmo} environmental scientist here
[08:50] {Raven} 3 sigh
[08:50] {cosmo} R:)
[08:50] {cosmo} well.... used to be anyway
[08:51] {dino} lol cos
[08:51] {dino} bunch of companies in area trying to buy rights to natural gas thru leases
[08:52] {Raven} 3 what kind of companies ?
[08:52] {magoo} morning
[08:52] {dino} chesepeak for one
[08:53] {Raven} 3 what is the question dino ?
[08:53] {dino} anybody ever sign one?
[08:54] {Raven} 3 they want to lease rights on land that you own ?
[08:54] {dino} gas rights, yes
[08:54] {Raven} 3 I owned limited partnership interests in a few Mich oil wells ,,,
[08:54] {Threei} magoo :)
[08:55] {cosmo} dino have gas?
[08:55] {dptl} good morning all
[08:55] {Threei} dp :)
[08:55] {dino} always
[08:55] {Raven} 3 lots of gas leases in Mich too ... thelandowners do OK ... except the end up with stinky gas wells on their property
[08:56] {dino} ok thanks.
[08:56] {Raven} 3 and pipes and roads and debris
[08:57] {Raven} 3 and rigs and trucks and people
[08:57] {dino} of course
[08:57] {Raven} 3 great for the environment
[08:57] {cosmo} actually... it is...
[08:58] {Raven} 3 I'll bite ... how so ?
[08:58] {dino} well, imo better than importing
[08:58] {cosmo} gods creatures, doing gods work...
[08:59] {Raven} 3 rofl ... I love it
[08:59] {cosmo} thaking pressure off inside of the earth...
[08:59] {cosmo} taking
[08:59] {Raven} 3 right
[08:59] {Raven} 3 :)
[08:59] {cosmo} somebody's got to do it
[09:00] {Raven} 3 yur killin' me ...
[09:00] {Raven} 3 I need some tea ... brb
[09:00] {cosmo} see why i had to retire early?
[09:00] {dino} the seriousness of this room, lol
[09:00] {Raven} 3 CLEARLY !
[09:03] {magoo} R
[09:03] {magoo} A
[09:03] {cosmo} SIGM pre mkt high = 22.35 fwiw
[09:03] {magoo} V
[09:03] {magoo} E
[09:03] {magoo} N
[09:03] {cosmo} ...oops....sorry
[09:04] {cosmo} try it again mags
[09:05] {Raven} 3 back ... LOL
[09:06] {magoo} N
[09:06] {Threei} rule: before hitting enter, look carefully lest you break magoo's chant
[09:06] {magoo} E
[09:07] {magoo} V
[09:07] {magoo} A
[09:07] {magoo} R
[09:07] {magoo} dammit : )
[09:07] {Threei} rofl
[09:07] {Raven} 3 poor MAGOO
[09:07] {cosmo} gee
[09:07] {dptl} lol
[09:18] {bruce} market meltdown continues - so much for fed saving day
[09:18] {esemde} morning
[09:18] {GeoArb} good morning
[09:19] {bruce} hi ese geo
[09:19] {Threei} bruce, ese, geo :)
[09:20] {Threei} they can maufacture all they want bruce... as we stated many times, this is BEAR and it be hungry. No one can fight the market, even fed
[09:20] {bruce} yep
[09:20] {bruce} looking like a nasty bear
[09:20] {bruce} about time though really
[09:21] {bruce} well dino - looking good - negotiate those leases OK and you can retire
[09:21] {esemde} Who is N E V A R?
[09:21] {bruce} just don't build your retirement home on them
[09:21] {esemde} ahhhhh raven backwards
[09:21] {esemde} clever clever
[09:22] {Threei} couple general words guys
[09:23] {Threei} I view this market as an incredible learning opportunity for everyone involved,
[09:23] {Threei} make no mistake, this is crisis of historic proportions
[09:23] {bruce} thats 12 words vad
[09:23] {bruce} 10 too many for me
[09:23] {Threei} and market behavior refllects it
[09:24] {Threei} When you go through the conditions as we have now
[09:24] {Threei} and come out ahead or at least unharmed
[09:24] {Threei} your experience is going to be invaluable
[09:24] {Threei} and when "normal
[09:24] {Threei} conditions return
[09:24] {Threei} you are going to be much more prepared to benefit.
[09:25] {Threei} Street hurts badly,
[09:25] {Threei} not many are able to handle such trading well,
[09:25] {cosmo} babies, bathwater ...everywhere...
[09:25] {esemde} tks
[09:25] {Threei} it takes a lot of skill, understanding, corectly tuned psyche to be comfortable in these waters
[09:26] {ThurstonHowellTheThird} gm all
[09:26] {esemde} v
[09:26] {Threei} thtt :)
[09:26] {ThurstonHowellTheThird} gm all
[09:26] {bruce} hey thtt
[09:26] {esemde} should be tks Vad
[09:26] {Threei} I amgoing to write an extensive blog post about this
[09:26] {bruce} maryann got picked up on dope charges
[09:26] {Threei} will let you know when it's up
[09:26] {bruce} probably gilligans influence
[09:26] {Raven} 3 maryann is a dope ?
[09:27] {bruce} thanx vad
[09:27] {ThurstonHowellTheThird} yes she's been led astray by gilligan
[09:27] {dino} she was pretty hot in her day
[09:27] {bruce} sheswhat 69 and still smoking weed?
[09:27] {bruce} lol
[09:27] {bruce} agreed dino - I liked her
[09:28] {dino} girl next door thing
[09:28] {bruce} yeah
[09:28] {cosmo} poor maryann
[09:28] {dino} ok, end of days again, saddle up
[09:28] {bruce} did I ever tell you about my girl next door?
[09:29] {dino} nope
[09:30] {bruce} story for another day
[09:30] {bruce} in short - she was hot too
[09:31] {bruce} vad - we don't want these uncertain markets to discourage you from posting 1 buck winning trades
[09:31] {Threei} no way
[09:31] {Threei} just keep your stops and everything will be fine
[09:32] {Threei} look at our trades over last week or two
[09:32] {bruce} aapl short?
[09:32] {Threei} we had average stop size what, about 15 cents?
[09:32] {dino} sell the rips huh guys
[09:32] {magoo} like my compliment to u yesterday vad..agree
[09:32] {Threei} with wins ranging from 10 cents to 50 and more, and wins outnumbering losses
[09:33] {Threei} that's our way to stay solvent, liquid and ahead of the game
[09:33] {Threei} not yet bruce,let opening volaitity subside a little
[09:34] {bruce} k
[09:34] {Threei} it will bounce like crazy any second now
[09:34] {magoo} are looking to play bounce long? or short bounce?
[09:34] {Threei} how about that?
[09:35] {Threei} neither, waiting for charts to start making sense
[09:36] {Roman} 21 EFUT on radar, had earnings
[09:36] {Threei} let me reapeat: how about that? re: AAPL
[09:37] {magoo} sahould have p[layed it
[09:38] {Threei} and risk getting caught in such violent move on a wrong side?
[09:38] {Threei} there is no way to keep reasonable stop when it moves like this
[09:38] {dino} slap him vad
[09:38] {magoo} no..but u had the read..
[09:38] {Threei} risk control comes firsat, profit considerations second
[09:39] {Threei} well... I wouldn't call "any swecond now" a reliable or very precise read :)
[09:39] {dino} watching aet, wlp
[09:39] {dino} fstr
[09:41] {bruce} wlp looks long
[09:41] {Threei} AAPL .50 break long if holding above .30
[09:41] {bruce} too layr
[09:42] {Threei} no entry on the way back if missed it
[09:42] {dino} y, but mkt drops sti;;l
[09:42] {Threei} let it drop closer to 124 or under
[09:43] {dino} -300 day patience
[09:43] {bruce} how come no enty on way back down in that case vad ?
[09:44] {Threei} that was pure "break for scalp", not a trade for a stronnger trend that would warrant pullback entry
[09:45] {bruce} k
[09:45] {Threei} I amnot sure why you deemed it "too late" bruce... it was .54 - .55 for a few after alert
[09:45] {Threei} quite buyable
[09:46] {bruce} was referring to wlp vad
[09:46] {Threei} oh, sorry
[09:46] {bruce} jumped right after I noted it looked long
[09:46] {Threei} I didn't comment on exit at the time thinkingeveryone missed entry
[09:47] {Threei} short idea AAPL now
[09:47] {Threei} 124 closest resistance
[09:48] {bruce} we waiting for trigger or just short close to 124?
[09:48] {Threei} in
[09:48] {dino} wlp l .35, stop .09
[09:48] {Threei} no trigger
[09:49] {Threei} stop .15
[09:51] {Threei} stopped
[09:52] {dino} out wlp .59, +.24
[09:52] {curtisweese} this market is crazy...i think we going ot end up today... :)
[09:53] {Threei} RIMM .50 break long
[09:53] {Threei} if stays above .30
[09:55] {Threei} holding uncharacteristically well while NQ dropping
[09:55] {bruce} hit .28 - still valid?
[09:55] {Threei} yeah, coluple cents is not really invalidation for volatile stocks
[09:55] {bruce} k
[09:56] {magoo} in rimm agg
[09:58] {curtisweese} did rimm break .50?
[09:58] {Threei} no
[09:58] {GeoArb} nope
[09:59] {Chaeron} GM all... just in time to join magoo in a RIMM trade :)
[09:59] {Threei} becomes bounce play now, too far from resistance for break to be valid
[09:59] {Threei} chaeron :)
[09:59] {dino} fwlt
[09:59] {GeoArb} business inventory in one min
[10:00] {Threei} as if anyone doubts it will be bad
[10:00] {dino} tndm
[10:00] {Threei} JAN BUSINESS INVENTORIES: 0.8% V 0.5%E
[10:00] {dino} bsc wants 50.80ish 50 strile
[10:00] {dino} strike
[10:00] {dino} imo, watch 5 and 0
[10:01] {GeoArb} rimm bounce?
[10:01] {Threei} can't find safe entry
[10:01] {Threei} not sure
[10:05] {curtisweese} newbie going RIMM long 99.01 entry turning up for a bit...come on!!!!!!
[10:05] {dino} aet l .50, stop .23
[10:05] {Threei} I don't know curtis...
[10:05] {curtisweese} or not lol
[10:05] {Threei} bit jump NQ, no movement on RIMM
[10:05] {magoo} was stopped on that rimm btw..- $259
[10:05] {Threei} be careful
[10:05] {dino} stopped
[10:06] {bruce} vad - klac long on 37.07 break w .08c stop?
[10:07] {curtisweese} moved my stop to .26
[10:08] {Threei} makes sense to me bruce
[10:09] {curtisweese} moved rimm stop to .32
[10:09] {curtisweese} to .39 now
[10:10] {Threei} good discipline
[10:10] {Threei} KLAC 1:2
[10:11] {curtisweese} to .60
[10:11] {Threei} or 3
[10:11] {magoo} look at that naz
[10:12] {Threei} is this something or what
[10:12] {dino} fwlt l sm .00, wide
[10:12] {curtisweese} rimm stop to .92!
[10:14] {Threei} time to take profit KLAC if anyone is in still
[10:15] {curtisweese} out RIMM trade +$1.34!!!!!
[10:15] {bruce} missed it - didn't get filled
[10:15] {magoo} wow..u really ggot rimm down
[10:16] {bruce} nice curtis
[10:16] {curtisweese} market turned up
[10:16] {curtisweese} couldn't get my last stop placed and cost me .12 but i'm not complaining!
[10:16] {Threei} bruce... something about how you enter isn't right, missing too many of them and some are fairly easy to get
[10:17] {Threei} KLAC was there for a while for grabs
[10:17] {bruce} did .05 bid after break vad
[10:17] {Threei} again?
[10:17] {Threei} why bid?
[10:17] {dino} gj curt
[10:18] {Threei} it's a thick stock, you can get it easily at the offer
[10:18] {Chaeron} nice job curtis
[10:18] {bruce} small stop - less commisssion
[10:18] {Threei} and your stop is ridiculously small, what's a cent or two
[10:18] {dino} fwlt stopped .25, +.25
[10:18] {bruce} ridiculously small is good for me
[10:19] {curtisweese} newbie shorting rimm at 100.36 for scalp (i hope)
[10:19] {Threei} I am sure if you do statistics you will find out that missed opportunities cost you much more than you save on that kind of entry
[10:20] {Threei} fantastic trade curtis, wtg
[10:20] {curtisweese} out RIMM short +.14
[10:20] {curtisweese} moves to fast for me to do half at a time and whatnot
[10:20] {magoo} rimm held that pullbk well
[10:21] {GeoArb} lets ban curtis from using the word newbie !!
[10:21] {curtisweese} sheesh, i could have had another .18 on it that far
[10:21] {GeoArb} :)
[10:21] {bruce} hway long on .20 break w 5c stop
[10:21] {curtisweese} follow me at your own risk.....i get soaked bad a lot.....i just have bigger swings
[10:22] {magoo} sh rimm here
[10:22] {magoo} 100.04
[10:23] {curtisweese} magoo nice timing
[10:23] {curtisweese} i'm in on that too!
[10:24] {curtisweese} out on rimm short
[10:24] {magoo} cioover here.71
[10:24] {curtisweese} +$.29
[10:24] {magoo} + uh...
[10:25] {magoo} .33
[10:25] {magoo} back too even....sigh
[10:25] {magoo} or good i guess
[10:26] {curtisweese} l RIMM now 99.56
[10:26] {dino} flat or up magoo
[10:26] {bruce} l pcp .81 stop .70
[10:27] {magoo} l rimm too
[10:28] {curtisweese} out rimm
[10:28] {curtisweese} -$.10
[10:29] {curtisweese} could have scalped, but got nervous
[10:29] {bruce} out pcp + .18
[10:29] {curtisweese} magoo, you are looking good though!
[10:30] {dino} stay off that stuff
[10:30] {curtisweese} tight stops....doh
[10:33] {curtisweese} rimm looking like it might not not helping
[10:33] {curtisweese} market is confused
[10:34] {dino} grmn l .50 stop lod sm
[10:35] {Threei} I am too curtis
[10:35] {curtisweese} missed my entry....darn
[10:36] {curtisweese} no fill
[10:36] {curtisweese} darn that would have been a sweet short
[10:37] {curtisweese} s RIMM 98.92 risky!!!
[10:38] {Threei} wow
[10:38] {Threei} that's too chasey
[10:38] {curtisweese} risk reward for me on this one.......if it drops past, it will drop huge...finger on trigger to get out
[10:39] {dino} grmn stopped
[10:39] {bruce} 99 id major break vad - but rimm seems toretrace thsoe breaks by a good amount befroe f9ollowing through of late
[10:40] {esemde} Vad ...just thought I would let you know....i'm being interviewed on CFAX 1070 this morning
[10:40] {esemde} just after the 10:00am news
[10:40] {bruce} working fine curtis - too risky for me
[10:40] {Threei} ty ese, will try to tune in :)
[10:40] {curtisweese} out RIMM short +$.34
[10:40] {Chaeron} ese - available on internet? :)
[10:41] {Threei} it used to be...
[10:41] {esemde} good question.....don't know
[10:41] {GeoArb} what topic?
[10:41] {esemde} my historic school Vic high ....and my music program
[10:41] {curtisweese} jeez, MSFT killed me last night...NOT going to be holding overnight anymoree
[10:42] {Threei}
[10:42] {Chaeron} famous last words curtis... lol
[10:42] {esemde} Vic high is the oldest school west of Thunder Bayt Ont and north of San Francisco
[10:42] {curtisweese} gonna buy rimm long again
[10:42] {curtisweese} just not sure
[10:42] {bruce} rimm still looks short to me curtis - but wouldn't be surprised if it goes all the way to 99.50 before it drops again
[10:42] {Chaeron} 10am which time zone ese?
[10:42] {curtisweese} l RIMM 98.95
[10:42] {dino} fwlt l .40
[10:45] {curtisweese} out on RIMM -$.09
[10:47] {bruce} pcp long .95stop .80
[10:48] {dino} risky, l tndm .99, sm
[10:48] {Threei} feels like another market drop is coming
[10:48] {magoo} wow..i felt up
[10:49] {bruce} out pcp +.15 quick one ot 1
[10:49] {curtisweese} s RIMM next pop...around .75?
[10:49] {Threei} with stop above 99
[10:50] {curtisweese} in at .76
[10:50] {Chaeron} joined you at .77
[10:51] {curtisweese} get ready to bail if it goes up!!! :)
[10:51] {curtisweese} market looks up....darn....grrrrrrrr
[10:51] {curtisweese} i'm out on rimm short
[10:52] {curtisweese} -.13 on it
[10:52] {curtisweese} die RIMM not that i'm out
[10:52] {curtisweese} yay!!!
[10:54] {Threei} good boy RIMM
[10:54] {Chaeron} out +.11
[10:54] {curtisweese} okay back in ......98.60 though
[10:54] {Threei} wow
[10:54] {Threei} curtis, this is very impulsive trading
[10:54] {GeoArb} y
[10:54] {Chaeron} got scared with market
[10:55] {Threei} you take stop before stop is hit... reenter at less favorable prices...
[10:55] {curtisweese} i just wanted to trade with everyone :(
[10:56] {curtisweese} i got out alrady again too :(
[10:56] {curtisweese} need to get my head on straight again.....time out time!
[10:57] {Threei} really
[10:57] {curtisweese} i need to be slapped!
[10:58] {Threei} pure emotional trading on these two last ones
[10:58] * ThurstonHowellTheThird slaps curtisweese around a bit with a large trout
[10:58] {curtisweese} thanks! die RIMM die
[10:58] {ThurstonHowellTheThird} sorry, I thiught you wanted a slap
[10:58] {bruce} rimms forming a range now curits - we've got tikmme - can now just wait to see what it does and trade when it tells us what it wants to do
[10:59] {curtisweese} bruce, that makes sense....why force it like Vad said
[11:00] {bruce} see the raqnge? -98.50 to 99.20 - naything betw\een that is chop
[11:00] {Chaeron} forgot tho thank you curtis and Vad for the RIMM scalp
[11:01] {curtisweese} yeah....1 min 2 hour chart is showing it well
[11:02] {bruce} possible long on nvda if breaks .65
[11:02] {bruce} any read on it vad?
[11:02] {Threei} chart wise yes... but I am having hard time seeing anything as long trend contin uation today :)
[11:02] {bruce} k - thanx
[11:03] {Threei} RIMM .60 break short
[11:03] {Threei} .85 stop
[11:03] {Chaeron} shoot..... too fast
[11:03] {Chaeron} damn nice alert tho Threei
[11:03] {Threei} 1:1 in a hurry
[11:05] {dino} fwlt stopped .54, +.14
[11:05] {Threei} S&P REPORT SAYS SUBPRIME WRITE-DOWNS COULD REACH $285B - WIRE HEADLINE- Expects ti see more witedowns in comng weeks and months, end of writedowns are now in sight for major instituitons
[11:06] {curtisweese} l RIMM 99 BREAK
[11:06] {dino} s&p really on the ball, sheesh
[11:06] {GeoArb} wo what just happenned
[11:06] {bruce} theres rimmsky for you - breaks range then pivots w/out givning much -nice play on it vad
[11:06] {Threei} look above Geo
[11:08] {curtisweese} out RIMM +$.23
[11:08] {Threei} long RIMM on cross back over 99
[11:08] {dino} wlp l .25
[11:08] {Threei} .79 stop
[11:08] {Threei} 1;1
[11:09] {Threei} none of these plays are reenter on the way back unless I specifically indicate this guys
[11:10] {bruce} k vad - thanx
[11:10] {Threei} out RIMM in full +.48
[11:11] {Chaeron} thanks Vad... +.48 as well... in @ .01, out @ .49
[11:11] {magoo} me too
[11:11] {Threei} good reflexes guys
[11:12] {GeoArb} i only got a 20 cent slice
[11:12] {Threei} dumped it a bit too soon but heck
[11:12] {GeoArb} but gratefull as a newbie
[11:12] {Chaeron} moving on to the rest of the physical.....
[11:12] {GeoArb} need to learn laser
[11:12] {Threei} they reverse faster than you can say mama
[11:12] {magoo} i was wiuith u..but could not post..fingers on trigg
[11:12] {magoo} fast
[11:12] {Threei} sorry... faster than you can say cnic
[11:12] {magoo} NICE black now TY TY
[11:13] {Threei} welcome sir
[11:13] {Threei} anyone got the joke?
[11:13] {Threei} or is my humor, as usual, not even making anyone desire to understand it
[11:14] {bruce} cnbc?
[11:14] {Chaeron} old schitzo wild trading stock
[11:14] {bruce} oh
[11:14] {Threei} CNIC... new symbol of a stock formerly known as MAMA...
[11:14] {bruce} k - got you
[11:14] {Threei} sigh... Seinfield obviously can sleep well
[11:14] {Threei} me no threat
[11:14] {Chaeron} who? :)
[11:14] {Chaeron} RIMM continuing
[11:14] {dino} fwlt l .75
[11:15] {Threei} thank you chaeron... kind soul :)
[11:15] {magoo} RIMM seems stronger than mkt today vad
[11:15] {Threei} you know, it changes
[11:15] {Chaeron} yeah mags... noticing that too
[11:15] {Threei} on some moves it's stronger, on some shows more wakness
[11:15] {magoo} yeah, sometimes weaker
[11:15] {Threei} look 11:05 bar
[11:15] {Threei} or so
[11:16] {Threei} new low on RIMM while nasdaq was nowhere even close
[11:17] {Threei} also, 11:11 - 12, NQ hits high of the day, RIMM is well under
[11:17] {Threei} not sure there is clean correlation today
[11:18] {Threei} playable following overall but withhigh degree of discretion
[11:18] {Threei} not by standard recipe
[11:18] {curtisweese} we going to buy in on RIMM at 100 though right? lol
[11:18] {magoo} yeah..your right {again}
[11:19] {Threei} curtis... I am scared to answer that 'cause in your case it could mean that you will buy 100.50 :)
[11:19] {curtisweese} hhahahahahaha
[11:20] {bruce} in his case - if he does - it'll go to 102 for him vad
[11:20] {curtisweese} i have a dr appt this morning, so i will be leaving soon and have to call in blind trades to my broker
[11:20] {Threei} if you don't mind to become a center of attention for a min...
[11:20] {Threei} you have no fear
[11:20] {Threei} and this is two-sided sword
[11:20] {Threei} on one side, you enter easily, grab opportunities when see them,
[11:20] {Threei} this is very good thing,
[11:21] {Threei} too may suffer from beiing trigger-shy
[11:21] {Threei} many
[11:21] {Threei} On another side, it can cause a lot of harm unless you get couple principles ingrained
[11:22] {curtisweese} in on RIMM 99.72 (i'm still listening)
[11:22] {Threei} but of course
[11:22] {GeoArb} lol
[11:22] {Threei} :)
[11:22] {Threei} Do no chase too far beyond the trigger
[11:22] {dino} tndm stop to .33
[11:22] {dino} out slip, +.25
[11:22] {dino} .26
[11:22] {curtisweese} def goood advice...i screwed that up big time
[11:22] {Threei} Do not buy so far from where chart says stop should be that you may be forced to exit prematurely or to take too wide stop
[11:23] {Threei} Do not trade for trading sake
[11:23] {dino} out fwlt .35, +.60
[11:23] {Threei} this is not a team sp;ort where participation is value
[11:23] {bruce} dino - wlp looks like long to me on break of .50
[11:23] {curtisweese} move stop to 100.21 on RIMM
[11:23] {curtisweese} rimm is gonna run huge if breaks this resistance
[11:24] {dino} in wlp from .25
[11:24] {bruce} oh-lol- figures
[11:24] {curtisweese} moved RIMM stop to .35
[11:24] {Threei} this time there is no news even to jumpstart such spike
[11:25] {Threei} just when you think, this is it, market finally defined direction, let's short everthing
[11:25] {bruce} l wlp .50
[11:25] {bruce} stop .35
[11:26] {curtisweese} Out on RIMM +$. 95!!!!!
[11:26] {curtisweese} sorry v
[11:26] {Threei} lol
[11:27] {curtisweese} sorry Vad, you are right of course...i would be doing so much better if i just tighten up my discipline a bit......i have another job, so i fogrec trades a lot
[11:27] {Threei} you should be... shameles extraction of the money from poor badly confused investors
[11:27] {GeoArb} i would rather be lucky than skiled
[11:27] {GeoArb} skilled
[11:27] {Threei} if that's not a reason to be ashamed
[11:27] {bruce} stopped wlp
[11:28] {magoo} vad, he riminds me of someone....curtis does............
[11:28] {magoo} let me see.hmmmmmmm....oh yeah......ME
[11:29] {magoo} but i since calmed down big time
[11:29] {Threei} yeah, you used to be this way
[11:29] {Chaeron} sounding philisophical: "there's a little bit of curtis in all of us"...... :P
[11:29] {Threei} rofl
[11:29] {magoo} roflol chaer
[11:29] {curtisweese} hahahaha
[11:30] {GeoArb} thats an ok statement as long as I am not pregnent
[11:30] {Chaeron} lol
[11:30] {magoo} i sorry Geo, are u of the better sex
[11:30] {GeoArb} nope
[11:30] {magoo} as in femnale
[11:30] {GeoArb} just woedplay
[11:31] {GeoArb} word
[11:31] {Chaeron} nice typing mags
[11:31] {Chaeron} :)
[11:31] {magoo} hey u notivced? been trtaking lessons
[11:31] {Threei} ummm
[11:31] {Threei} ask for your money back, IMO
[11:31] {dino} just what we need another magoo
[11:32] {Threei} one is enough dino?
[11:32] {Threei} or one is too much? :)
[11:32] {cosmo} better sex?
[11:33] {dino} ????????
[11:33] {cosmo} good, better, best; never let it rest?
[11:33] {bruce} comes in a pill cosmo
[11:33] {esemde} signing off everyone.......have a great day....
[11:33] {Threei} asylum...
[11:33] {bruce} bye ese
[11:33] {curtisweese} ese, later!
[11:33] {Threei} take care ese, good luck!
[11:33] {dino} had enough es
[11:33] {dino} clmt
[11:33] {esemde} see ya boyzza
[11:33] {esemde} definately....
[11:33] {dino} out wlp .49, +.24
[11:34] {Chaeron} what timezone is his 10am
[11:34] {Chaeron} ?
[11:34] {Chaeron} Ese's that is
[11:34] {patience} west coast, same as you
[11:34] {dino} 10 pm
[11:35] {Chaeron} thanks patience
[11:35] {curtisweese} l RIMM 100.43
[11:35] {cosmo} i have 10:30
[11:35] {bruce} blud on 22 break - risky
[11:35] {cosmo} 8:30
[11:35] {cosmo} confused
[11:36] {curtisweese} stop to .59
[11:36] {curtisweese} moved stop to 101.15 on RIMM
[11:37] {curtisweese} Out RIMM +.68
[11:37] {Threei} wtg
[11:38] {magoo} that does it.............................................
[11:38] {Chaeron} nice curtis
[11:38] * magoo slaps curtisweese around a bit with a large trout
[11:38] {curtisweese} thanks everyone
[11:38] * ThurstonHowellTheThird slaps curtisweese around a bit with a large trout
[11:38] {curtisweese} :)
[11:38] {Chaeron} going for more
[11:38] {ThurstonHowellTheThird} I'm jealous :(
[11:38] {curtisweese} bears make money, bulls make money....pigs get slaughtered! ;)
[11:39] {ThurstonHowellTheThird} :)
[11:39] {magoo} curtis gonna start hius own reoom vad called "trade like a madman...and profit like one too"
[11:39] {dino} oink
[11:39] {curtisweese} but are right!! could have had another .50 so far
[11:39] {dino} sm clmt .53 l
[11:39] {dino} thin
[11:39] {Threei} I'll subscribe magoo
[11:39] {magoo} i gotta hop for 40 back
[11:40] {dino}
[11:41] {curtisweese} RIMM at pivot point again now.....but went up so much just now...i'm nervous
[11:41] {curtisweese} 5 min two day chart shows it
[11:42] {curtisweese} actually already .30 above pivot point in my eyes, so should drop now
[11:43] {curtisweese} dropping down to 101.18 or so, right?
[11:43] {Threei} if you want to short it, .50 nreakdown
[11:44] {curtisweese} i have to get ready for dr appt....might not be back today.....have fun everyone...make some cash!!!
[11:44] {Threei} stop above .70
[11:44] {Threei} take care curtis
[11:44] {Threei} great job
[11:45] {curtisweese} thanks!!!!!
[11:45] {dino} gl
[11:46] {Threei} 1:1
[11:47] {Threei} no takers?
[11:47] {bruce} out rimm short +.22
[11:47] {bruce} thanx vad
[11:47] {Threei} :)
[11:47] {Threei} welcome
[11:47] {GeoArb} 0.28
[11:47] {GeoArb} thans
[11:47] {GeoArb} thanks
[11:47] {Threei} good job guys
[11:47] {bruce} actually +.28 as well
[11:47] {bruce} just over one to one
[11:53] {Threei} 102 break long if holding above .80
[11:54] {Threei} half out +.25
[11:54] {bruce} dino - crtp looks long from here
[11:55] {Threei} stop .95
[11:56] {Threei} held by fingertips, lol
[11:56] {Threei} out
[11:57] {Threei} still feels like has more but I'll wait for more clear setup
[11:57] {bruce} was just going to ask if retrace off102 vad
[11:57] {Threei} US SENATE ENDORSES EXTENSION OF SOME OF PRES BUSH'S TAX CUTS - WIRE HEADLINE- The U.S. Senate voted 99-to-1 Thursday to make room in a five-year budget plan for $341 billion in tax cuts, enough room to extend some, but not all, of the temporary tax cuts enacted in U.S. President George W. Bush's first term.
[11:58] {Threei} closer to 101.50 I would be much more interested bruce
[11:58] {bruce} k-
[11:59] {dino} acor
[12:00] {Threei} putz
[12:00] {Threei} scalped .30 - .55 faster than could alert :(
[12:00] {curtisweese} doh.....stopped in since my dr appt is later than i thought and missed a sweet call .....waaaaaaaaa
[12:01] {Threei} I kno what will make you feel better curtis
[12:01] {Threei} do this:
[12:01] * Threei slaps Laserdave1 around a bit with a large trout
[12:01] {Threei} just ask magoo... this is great relief
[12:02] {curtisweese} i don't know how to slap
[12:02] {curtisweese} :(
[12:02] {Threei} hmmm... maybe it's a good thing... we all regretted it very much when taught magoo how to do this
[12:02] {Threei} mama mia
[12:03] * curtisweese slaps Threei around a bit with a large trout
[12:03] {curtisweese} there we go
[12:03] {Threei} did I tell you to slap me?
[12:03] {Threei} or lasredave?
[12:03] {curtisweese} oh! :O
[12:03] {Threei} some just can't follow instructions {G}
[12:04] {dptl} lol
[12:06] {dino} head fake
[12:08] {curtisweese} l AAPL 125.71
[12:11] {dino} acor
[12:12] {GeoArb} off to work... thanks vad and all
[12:12] {Threei} take care geo
[12:13] {dino} cya goe
[12:13] {curtisweese} out AAPL +$.12
[12:13] {dino} bruce acor
[12:13] {curtisweese} thought it was going to break 126 and run.....grrrrrr
[12:14] {bruce} looking at it dino
[12:14] {dino} 20.50 s?
[12:14] {bruce} big spike - no idea on short etry though
[12:15] {curtisweese} aapl dies
[12:15] {bruce} I'd like to see it go higher yet
[12:15] {dino} clmt stop to .94
[12:16] {curtisweese} l AAPL 125.39
[12:16] {dino} bruce is tough to please i see
[12:16] {dino} :)
[12:16] {Threei} lol
[12:16] {bruce} lol - sorry dino
[12:16] {bruce} just conservative
[12:16] {dino} bustin' ya
[12:17] {bruce} have feeling acor will pop to above 21
[12:17] {dino} major slip clmt out ave .83, +.30
[12:18] {curtisweese} out aapl +$.08
[12:18] {curtisweese} i mean .06
[12:19] {dino} sm s acor .12
[12:19] {bruce} nice dino
[12:19] {dino} rislky
[12:19] {dino} lucky on clmt thin
[12:19] {curtisweese} didn't like action....too early for my exit i think
[12:20] {curtisweese} or maybe perfect exit...woot
[12:20] {curtisweese} perfect exit on a bad entry i mean ;)
[12:25] {magoo} back
[12:26] {Chaeron} I waited for you this time mags..... yeah... sure I did
[12:26] {dino} acor bstop to .93
[12:26] {dino} i'm gonna steal some of his chips
[12:27] {bruce} chips _ thats on the diet dino?
[12:27] {dino} acor cov .91 ave, +.21
[12:28] {dino} no, diet after my b-day
[12:28] {curtisweese} s AAPL 102.36 ....risky!!!
[12:28] {bruce} k - bday = diet free day
[12:29] {bruce} crack the brew
[12:29] {curtisweese} out AAPL short
[12:29] {curtisweese} +$.16
[12:29] {curtisweese} too early big time...sigh
[12:30] {Threei} you sure it was AAPL?
[12:30] {curtisweese} ohhh....RIMM
[12:30] {curtisweese} lol
[12:30] {Threei} :)
[12:30] {curtisweese} hahaha
[12:30] {magoo} i see u proffited w/out magoo
[12:30] {curtisweese} i don't even know what i trade
[12:30] {Threei} sorry mags
[12:30] {dino} b-day, st. patricks' day
[12:31] {curtisweese} gotta go now for sure....see you tomorrow. happy trading
[12:31] {Threei} take care curtis
[12:31] {magoo} WAITTTTT
[12:31] * magoo slaps curtisweese around a bit with a large trout
[12:31] {bruce} take care curtis
[12:32] {curtisweese} hahah
- Chrysler plans to shut down the entire company for two weeks this summer as a cost saving move to "accelerate Chrysler's recovery and transformation" according to CEO.
[12:33] {Threei} - Mr. Nardelli told employees they will have to take vacation for the weeks of July 7 and July 14 "in order to create better alignment and efficiency across organizational lines and boost productivity."
[12:33] {Threei} US HOUSE FINANCIAL SERVICES CHMN FRANK: UNVEILS MORTGAGE AND HOUSING RESCUE PLAN - Plan includes expanded FHA mortgage refinancing, state aid for distressed property purchases
[12:33] {magoo} hmmmmmmmmmm
[12:34] {Threei} all is well in walmart world
[12:36] {dino} airm
[12:36] {Threei} RIMM .50 break long if stays above .30
[12:37] {bruce} nile lookslong on 40 break - thin - risky
[12:38] {dino} hooker spread
[12:38] {dptl} 30c spread Bruce
[12:38] {magoo} in
[12:38] {Chaeron} in RIMM .50
[12:39] {Threei} enough of shakes RIMM... just go to that 103
[12:40] {Threei} hey... Cuba unbanned DVDs and microwaves
[12:40] {Threei} isn't it nice
[12:42] {Threei} sigh
[12:42] {Chaeron} ouch.. stopped
[12:42] {bruce} rats - stopped rimm -.26
[12:43] {Threei} hard to tell if it's a shake or market is actually done
[12:43] {magoo} back in the red
[12:43] {Threei} drop is quite sharp
[12:45] {bruce} lookingb liker possible selloff coming here vad
[12:47] {Chaeron} drill in alaska then
[12:48] {bruce} ts possible short dino
[12:50] {dino} dk
[12:50] {dino} brb
[12:53] {bruce} s ts at .54 stop.64
[12:56] {bruce} stopped ts 11c
[13:01] {cosmo}
[13:02] {cosmo} Montana may be the answer. ...?
[13:04] {Chaeron} ok... so start drilling and building refineries already... $1/gal gas
[13:05] {cosmo} envirocons say no
[13:05] {Chaeron} my question is are there more of them than those that vote otherwise?
[13:06] {cosmo} hmmm....checking
[13:07] {bruce} market pop north
[13:07] {cosmo} petroleum comes up from below faster than we can use it and the petrocons have known this for years, because of all the
[13:07] {cosmo} many long ago capped and exhausted wells they keep finding to be totally recharged...but those ballots are not counted.
[13:10] {Threei} I am getting seasick
[13:11] {cosmo} get back to shore
[13:12] {Threei} now RIMM goes to that 103 eh
[13:12] {Threei} sigh
[13:15] {dino} wlp l .25
[13:16] {cosmo} AKNS
[13:16] {cosmo} 6.18 hod
[13:16] {cosmo} needs to hold here
[13:17] {cosmo} 5.90 that is
[13:18] {dino} stopped -.25
[13:21] {Chaeron} ok RIMM - had your laugh?
[13:24] {dino} sm l bsc .50
[13:25] {Threei} if markert is going to keep this up, then little pullback and another spike from this level
[13:26] {Threei} 103 cross back long if holding above .85
[13:27] {magoo} in
[13:27] {Threei} half out .20
[13:27] {Chaeron} me too...
[13:27] {Threei} come on, make new high
[13:27] {Chaeron} mean me in... not half out
[13:28] {Threei} good, now go
[13:28] {dino} out bsc .10, +.60
[13:28] {Chaeron} 104?
[13:28] {Threei} lol, no idea
[13:29] {magoo} out here .51 TY back in black
[13:29] {Threei} I am out in full .
[13:29] {Threei} .65
[13:29] {Threei} whew
[13:29] {Threei} wtg mags
[13:29] {magoo} nice exit
[13:29] {Threei} notr really says RIMM
[13:29] {Threei} chaeron... don't oversit it
[13:29] {Threei} it's still RIMM :)
[13:30] {Chaeron} RIMM in 102.95 - out 103.72 +0.77... Mucho thanks vad
[13:30] {Threei} welcome sir
[13:31] {magoo} nice chaer
[13:32] {magoo} hey, we all are noway curtis...but we get by
[13:33] {dino} nice 270 pt range dji
[13:43] {bruce} pssible reversal here in twm dino - volatile
[13:44] {dino} ultra short fund, contra-trades w/market
[13:44] {magoo} rimm off 104 vad?
[13:45] {bruce} k
[13:46] {Threei} gotta let market digest things a bit mags
[13:47] {magoo} yeah
[13:47] {magoo} 2:30 powerup
[13:51] {dino} sm s airm .98
[13:54] {bruce} read on alyn break of25.6 vad?
[13:54] {Threei} alyn?
[13:54] {Threei} is it right symbol?
[13:54] {bruce} alny sorry
[13:55] {bruce} taking typing lessons from you
[13:55] {Threei} not really
[13:55] {bruce} k
[13:55] {magoo} RIMM sheesh
[13:57] {dino} vads' next online site,
[13:58] {Threei}
[13:59] {magoo} dljsogjldgjo;gkopgo;j;roj
[14:05] {Threei} quck dive under 104, I'd look for long entry RIMM
[14:07] {Chaeron} did it dip?
[14:07] {Threei} not yet
[14:09] {magoo} .08 low i saw
[14:09] {Chaeron} teasing us
[14:13] {bruce} rimms pretty much done daily range on ave volume
[14:23] {Threei} here come 105
[14:23] {Chaeron} *sigh*
[14:23] {GeoArb} are we in are we in?
[14:23] {Chaeron} oh yeah..... we forgot to tell you.........
[14:24] {Threei} wow... so much excitement :)
[14:24] {Chaeron} in at 104.08 (teasing)
[14:24] * magoo slaps Chaeron around a bit with a large trout
[14:29] {magoo} 105 coming..hard to get entry
[14:30] {curtisweese} back!!
[14:30] {magoo} OY lol
[14:31] {curtisweese} l RIMM 104.57
[14:31] {curtisweese} i'm bacccccckkkkk
[14:31] {GeoArb} yup he is back :)
[14:32] {curtisweese} out RIMM +$.10
[14:35] {curtisweese} market gonna surge or fail at end of day.....hmmm
[14:35] {dino} acor s sm .24
[14:36] {curtisweese} l RIMM 104.39
[14:38] {curtisweese} out RIMM -.06
[14:39] {curtisweese} doh...too early!
[14:39] {curtisweese} or not
[14:42] {curtisweese} s RIMM 104.09
[14:42] {Threei} hmmm
[14:42] {Threei} is curtis back or wehat
[14:43] {bruce} or what
[14:43] {dino} cov airm .58, +.40
[14:43] {curtisweese} out...doh....-.16 on that one....thought it was gonna tank....grrr
[14:43] {dino} lol look at the spike down that filled my layout
[14:44] {curtisweese} boy was i
[14:44] {bruce} still might curtis - let it set up
[14:45] {dino} you might rabbit, you might
[14:45] {curtisweese} one more time....s RIMM 104.45
[14:46] {bruce} asml looking like short
[14:46] {dino} dk
[14:47] {dino} watching the yankees
[14:48] {curtisweese} out on rimm...-$.06 again...grrrrrr
[14:48] {dino} acor stopped .15, +.19
[14:49] {curtisweese} it is just gonna trade in this range for now evidently
[14:49] {curtisweese} okay, l RIMM if break .86
[14:49] {curtisweese} is that right Vad?
[14:50] {Threei} not sure
[14:50] {Threei} probably
[14:50] {Threei} I mean... 55/45
[14:50] {Chaeron} hmmmmm
[14:51] {Threei} ok... 56/44
[14:51] {curtisweese} in at .80....go curt go
[14:51] {curtisweese} uh oh
[14:54] {curtisweese} out RIMM ...-.02
[14:54] {curtisweese} i clicked button on acccident!!! lol
[14:55] {curtisweese} saved me money though
[14:55] {Threei} gosh
[14:55] {Threei} curtis
[14:55] {Threei} may I recommend the trading tool you need the most for at least some parts of the day
[14:55] {curtisweese} what is it?
[14:55] {Threei} duct tape, to tie your hands behind your back :)
[14:56] {curtisweese} hahahahahahah
[14:56] {Chaeron} I was going for something more subtle... like say........ a BRAIN?
[14:56] {Threei} and no hitting mouse button with your nose allowed
[14:56] {Chaeron} teasing curtis
[14:56] {curtisweese} lol
[14:56] {GeoArb} i was going for ass.... to sit on the hands
[14:56] {Chaeron} or to sit on brain.. it's all good
[14:57] {curtisweese} my entry was .80 ...let's see how it plays out
[14:57] {Threei} it's like you have the interests of your broker in heart more than your own :)
[14:57] * Chaeron ducking
[14:57] {Threei} one thing is really good though, jokes aside
[14:57] {curtisweese} upside is huge here for RIMM
[14:57] {curtisweese} there it goes
[14:57] {Threei} you don't have a problem admitting being wrong and taking stop
[14:58] {GeoArb} true....
[15:00] {curtisweese} l RIMM again....105.06....finger not resting on touchscreen mouse this time
[15:00] {dino} back in 10
[15:02] {curtisweese} out again....need it to run...- $.08 this time
[15:07] {Threei} guys, keep that reserve server address handy just in case
[15:08] {Threei} there are reports that main one is unstable
[15:09] {curtisweese} l RIMM 105.19
[15:09] {curtisweese} out RIMM +$.20
[15:11] {Threei} 106 coming or what
[15:11] {GeoArb} so why are we focusing only in RIMM again?
[15:12] {Chaeron} readability and strength comparison to market...?
[15:12] {curtisweese} cuz i'm dumb
[15:12] {Threei} just don't see anything else moving much, that's all
[15:12] {GeoArb} ok good reasons
[15:12] {Chaeron} I have to go all.. see you manana
[15:13] {Chaeron} many thanks Vad
[15:13] {Chaeron} as usual
[15:13] {GeoArb} not being a smartass... generally curious
[15:13] {Threei} take care chaeron
[15:14] {dptl} inwk?
[15:14] {Threei} half lot worth a try
[15:14] {Threei} on an actual break
[15:14] {dptl} ok
[15:17] {curtisweese} try one more short of rimm i 105.27 entry (risky risky risky)
[15:18] {curtisweese} die rimm die!!!1
[15:18] {curtisweese} out RIMM short +.10
[15:20] {curtisweese} s RIMM again 105.28
[15:22] {curtisweese} out RIMM +$.17
[15:24] {curtisweese} l RIMM 104.99
[15:25] {curtisweese} out RIMM +.$40
[15:26] {curtisweese} market gonna surge into close?
[15:26] {Threei} anyone's guess
[15:27] {curtisweese} s RIMM 105.39
[15:28] {curtisweese} out RIMM +.04
[15:28] {curtisweese} .04 makes me only $26 but it's something
[15:30] {curtisweese} l RIMM 105.47 I thnk we surging into close
[15:31] {curtisweese} out -.02
[15:33] {Threei} churning
[15:33] {Threei} vlnc
[15:33] {curtisweese} yeah...might drop looks like....sigh
[15:33] {Threei} sorry, wrong window
[15:33] {curtisweese} vlnc...that was like $2.5 a few weeks ago right?
[15:34] {curtisweese} RIMM up too much....gotta drop more short .46 is my entry
[15:35] {curtisweese} out RIMM +.05
[15:36] {curtisweese} wait...on shorts do i still say + if I made money or should i say -?
[15:36] {Threei} I start missing times when small stocks move
[15:36] {Threei} getting tired of RIMM/AAPL kind
[15:36] {ThurstonHowellTheThird} agree
[15:36] {Threei} gotta go where the activity is
[15:37] {Threei} but market where COIN and VLNC move is more to my liking
[15:37] {curtisweese} coin up over 7% today
[15:40] {Threei} 106 on the deck
[15:41] {curtisweese} i'm gonna bite...(in case there was any doubt) in at .98
[15:41] {Threei} no doubt here
[15:42] {curtisweese} out -.09 on short of RIMM
[15:42] {curtisweese} tried to scalp, but fingers were too slow
[15:43] {curtisweese} if you are on top of your stop losses, is it so bad to jump in all the time on this RIMM kind of stock?
[15:44] {Threei} well... it's pretty much personal preferences...
[15:44] {Threei} but it comes to a question:
[15:44] {Threei} do tyou have a reason for youyr entry giverned by chart
[15:44] {Threei} or you grab something just because it's moving and you can't sdtand not to particpate
[15:45] {curtisweese} no...obviously for me...i know where i'm supposed..or think i do.....but then i miss out on big are right....just don't like sidelines
[15:47] {curtisweese} wow...aapl down $2 in last minutes
[15:48] {curtisweese} in on aapl for scalp 127.96
[15:48] {dptl} out +.10 inwk ty
[15:48] {Threei} gj
[15:49] {dptl} it really took its time
[15:49] {magoo} TY vad, i got off rough start..but made my daily goal of $500
[15:49] {magoo} TY boss
[15:49] {Threei} cool beans mags, wtg
[15:49] {curtisweese} out aapl +$.10
[15:50] {magoo} that RIMM call u had we all took did it
[15:50] {curtisweese} yeah RIMM saved me where MSFT killed me over night
[15:51] {curtisweese} never going to hold over night again ever ever ever
[15:53] {Threei} not in this bipolar market
[15:53] {curtisweese} knew RIMM was going to die , but chicken to short at end of day
[15:55] {curtisweese} in on aapl 127.53 entry last scalp of day
[15:55] {curtisweese} out AAPL +$.20
[15:55] {curtisweese} timed that perfect!!!
[15:56] {Threei} Ok guys
[15:56] {Threei} me exhausted
[15:56] {curtisweese} is it that time?
[15:56] {Threei} thank you all
[15:56] {curtisweese} i have a whole bunch of heart sticky things stuck on me from dr visit
[15:56] {Threei} have a good evening
[15:56] {Threei} see you all tomorrow
[15:56] {curtisweese} bye ...see you tomorrow
[15:57] {Threei} hopefully something else starts playing
[15:57] {dptl} have a good evening all
[15:57] {ThurstonHowellTheThird} gn all
[15:57] {Threei} so RIMM can play with AAPL
[15:57] {curtisweese} wow...that was cool riding that up 1.34 and .85 ....that's when this is really fun!!
[15:57] {Threei} and leave us to other devices
[16:07] {magoo} goodnight all
[16:10] {bruce} night all

Wednesday, March 12, 2008

Mar 12 2008

Session Time: Wed Mar 12 00:00:00 2008

[08:28] {Threei} 03/11/08 04:01pm
[08:28] {Threei} [TWTI] Third Wave Technologies Inc. HPV clinical trial achieves primary clinical endpoints
[08:28] {Threei} - Company achieved all primary clinical endpoints in clinical trials of its human papillomavirus (HPV) tests. The company expects to submit the results to the FDA for both its high-risk and 16/18 genotyping products in April.
[08:29] {magoo} morning...hey i got in normal today : )
[08:29] {Threei} woohooo
[08:29] {Threei} morning :)
[08:29] {Threei} propagation has reached you
[08:29] {tomg} me too, gm
[08:29] {Threei} tom :)
[08:33] {Threei} TIVO
[08:37] {magoo} hey vad..last night i was thinking......
[08:38] {Threei} uh oh
[08:38] {magoo} this has been the most difficult mkt i think since i joined the room, over 2 yrs btw.............
[08:39] {magoo} and man...u have been guiding us thru it just wanted to say i have even deeper RESPECT for what u do....SERIOUSLY...
[08:39] {Threei} thank you, I sppreciate the acknowledgement
[08:40] {magoo} now..................
[08:40] * magoo slaps Threei around a bit with a large trout
[08:40] {Threei} uh oh
[08:40] {Threei} lol
[08:40] {magoo} don't want us getting too sappy he he
[08:40] {Threei} ugh... I just got my hopes up
[08:40] {Threei} thought I'd go and slack for the month or so
[08:41] {Threei} if I may comment on that (somewhat) seriously,
[08:41] {Threei} I mean as much as I am capable of being serious which is not too much
[08:41] {Threei} two things make it possible
[08:42] {Threei} first, when you stop worrying about all the underlyings, fundamentals, etc
[08:42] {Threei} and have the notion of trading the price patterns as best as you can deeply ingrained
[08:42] {Threei} you become liberated,
[08:42] {Threei} as opposite to prisoners of their pre-formed opinions.
[08:43] {cosmo} let go... let good
[08:43] {Threei} They, prisoners, get themselves convinced about certain direction
[08:43] {Threei} then market disapoints them
[08:43] {Threei} ('cause that's what market does)
[08:43] {Threei} and not being able to let go and trade what they see vs what they think, they become frustrated,
[08:44] {Threei} console themselves thinking "manipulation, fabricated move" etc
[08:44] {Threei} which may very well be true
[08:44] {Threei} but does nothing for their trading
[08:44] {_pit} good morning all and ty Vad for helping me finally get hooked up
[08:44] {Threei} as such notion frees them from responsibility
[08:44] {Threei} hi pit, welcome :)
[08:45] {Threei} and if one is not responsible, one has no insentive to learn
[08:45] {Threei} (why bother if someone will manipulate against me anyway).
[08:45] {Threei} second,
[08:46] {Threei} and very important,
[08:46] {Threei} any drastic market change inevitably creates period in which you, the trader, have not adjusted yet
[08:46] {Threei} You can't change the same day market does,
[08:47] {Threei} if you do that you will confuse ewvery little freak move for serious change, and will get clobbered on every flip-flop.
[08:47] {Threei} It takes a bit of time to recognize the change as a change and not a fluke,
[08:48] {Threei} and to find how you adapt.
[08:48] {Threei} So, during this period your performance WILL suffer
[08:48] {Threei} and you remember us having couple weeks or so of lukewarm trading
[08:48] {Threei} herein lies the challenge:
[08:49] {Threei} when you traded for as long as I did (or Raven for that matter who started trading when T-Rex ruled the Earth)
[08:49] {Threei} you simply ignore those periods,
[08:49] {Threei} you KNOW it will pass, too.
[08:49] {Threei} happened to you zillion times,
[08:49] {Threei} and every time you came ahead.
[08:50] {Threei} You are confident in your ability to adapt,
[08:50] {Threei} and you know this period of adaptation is normal
[08:50] {Threei} newer trader however gets greatly discouraged
[08:50] {Threei} frustrated
[08:50] {Threei} beats himself up
[08:50] {cosmo} then buys real estate....sheesh
[08:50] {Threei} takes it as evidence of him not being able to master this thing
[08:51] {Threei} yeah :)
[08:51] {Threei} as if he is expected to win every frikin trade and every frikin day.
[08:51] {Threei} As nice as we performed yeaterday, we had one trade of the "frustrating" kind
[08:52] {Threei} RIMM, breakout long
[08:52] {Threei} thing did everything we counted on
[08:52] {Threei} but first it stopped us out
[08:52] {Raven} 3 T-Rex ... sigh ... old friend :)
[08:52] {Threei} oh Hi R :)
[08:52] {Raven} 3 I'm always watching
[08:52] {Threei} such trades help separated men from boys
[08:52] {Threei} I know and appreciate :)
[08:53] {Threei} boys get frustrated and discouraged
[08:53] {Threei} men know it's a part of the game,
[08:53] {cosmo} and birds?
[08:53] {Threei} tribute to market's uncertainty
[08:53] {Threei} and simply move to the next trade.
[08:53] {Raven} 3 morn there, cosmo :)
[08:53] {Threei} Birds, those flock
[08:53] {cosmo} :)
[08:54] {Threei} don't ask where, my knowledge about birds got pretty much exhausted on that line
[08:54] {Threei} I am not good at botany
[08:54] {Raven} 3 arghhhh
[08:54] {cosmo} those flocking birds....sigh
[08:54] * Threei is hiding under the nearest rock
[08:54] {Raven} 3 they're coming North cosmo ...
[08:55] {Raven} 3 {-------- looking for fish
[08:55] {Raven} 3 damn thang is still frozen ...
[08:56] {cosmo} you need algore
[08:56] {Threei} lol
[08:56] {ThurstonHowellTheThird} gm all
[08:56] {Raven} 3 algorithm ?
[08:56] {Threei} thtt :)
[08:57] {Threei} prpohet of global warming, R
[08:57] {cosmo} ALGore ....comes in cans....spray cans
[08:57] {Threei} gosh, every day I think my typing can't get any worse
[08:57] {Threei} and what do you know
[08:57] {Raven} 3 lol
[08:57] {dptl} good morning all
[08:58] {Threei} dp :)
[08:58] {Threei} cosmo... look, I understand your meaning from your cryptic messages
[08:58] {Threei} isn't it disturbing...
[08:58] {Raven} 3 certainly is
[08:59] {Threei} BRK.A
[08:59] {Threei} here come doom and gloom
[08:59] {Threei} or as ancient maps put it,
[09:00] {Threei} Here There Be Monsters
[09:00] {cosmo} and then there's poor Mary Ann
[09:00] {cosmo}
[09:04] {cosmo} JASO
[09:04] {dino} gm all
[09:04] {Threei} dino :)
[09:04] {Threei} had news earlier
[09:04] {Threei} 07:01am [JASO] Reports Q4 $0.09 v $0.09e, R $144M v $117.8Me
[09:05] {cosmo} JASO pre mkt high = 16.63 fwiw
[09:05] {Threei} nice looking guidance too
[09:05] {cosmo} lets hope...
[09:07] {Threei} keeping half eye onTWTI
[09:08] {GeoArb} good morning
[09:08] {cosmo} DNDN needs to hold 5.50 imho
[09:10] {magoo} back..and u were saying vad he he {as magoo runs for nearest rock}
[09:11] {dino} pgnx blood
[09:11] {dino} blud blood
[09:11] {Threei} geo :)
[09:13] {Threei} magoo, all I was saying is buy BRK.A, double lot
[09:15] {magoo} IN
[09:17] {Threei} UPS
[09:18] {dino} sell the rips, buy the dips
[09:19] {Threei} BIDU
[09:26] {magoo} by who?
[09:27] {lumdus} good morning all
[09:27] {lumdus} magoo, by me
[09:27] {esemde} good morning....logged on right6 away.....guess those problems are fixed
[09:28] {Threei} lum, ese :)
[09:28] {Threei} looks like ese
[09:28] {esemde} vad....
[09:29] {esemde} another big show tonight and tomorrow night .....been very busy lately
[09:30] {Threei} where?
[09:30] {Threei} sharp drop TWTI
[09:31] {Threei} spread is not very kosher
[09:31] {bruce} bidu going long for the adrealine junkies
[09:32] {magoo} up like 15 yesterday
[09:33] {bruce} csco breaking long - read vad - enough volume?
[09:33] {Threei} want to watch for a while bruce, to see how it handles market setback
[09:34] {Threei} it does look like long candidate but why buy into sharp selling
[09:34] {bruce} k vad - thanx
[09:34] {magoo} TWTI avail short to laerheads vad..not in
[09:34] {Threei} .26 now a trigger on CSCO, if holding above .15
[09:35] {Threei} and if holding above .20, that would be hard core scalpers play with merely 6 cents stop
[09:35] {lumdus} this market jumped way to high for me. crap.
[09:35] {Threei} those pesky scalpers got their 1:1
[09:37] {dptl} i am one of them ty out
[09:37] {Threei} who would have doubt
[09:37] {Threei} good spot bruce
[09:37] {dptl} ty Bruce
[09:37] {bruce} welcome
[09:38] {bruce} missed enty myself looking for other stocks
[09:38] {Threei} 9 support didn't hold for TWTI
[09:38] {Threei} probably not worth the risk...
[09:39] {Threei} LLTC
[09:39] {Threei} 30.01 long
[09:40] {Threei} stop under .90 if breaks from here
[09:43] {Threei} not a scalp for me if triggers
[09:44] {bruce} l csco pulback entry 3c stop
[09:44] {magoo} aapl may be bouncer vad??
[09:44] {magoo} needs mkt of course
[09:44] {Threei} LLTC can be fast on a break set your limit at .03 - .05
[09:44] {Threei} stop is tight enough to afford a few cents chase
[09:45] {bruce} stopped csco
[09:45] {Threei} no read for now mags, let this supervolatile kind exhaust morning jumps
[09:45] {Threei} look at tails on 1 minute
[09:45] {magoo} ok
[09:46] {lumdus} in pg 67.21
[09:47] {esemde} long ADBE 30.26....1/2 lot
[09:48] {Threei} lol... here is what I typed: AAPL looks like short now off .50 resistance
[09:48] {Threei} guess what happened while I did
[09:48] {bruce} type faster vad
[09:48] {Chaeron} GM all...
[09:48] {Threei} chaeron :)
[09:49] {Threei} ok, chaeron is in, we can start trading
[09:49] {Threei} LLTC pullback is too deep for a break to remain valid
[09:49] {esemde} more of an aggressive entry for sure.....
[09:49] {magoo} your holding up the room chaer
[09:49] {Threei} bounce play, maybe
[09:49] {Chaeron} been here... saw LLTC and CSCO blow setup
[09:49] {bruce} yesterdays high .76 in lltc vad so may bounce off it
[09:49] {bruce} could try a retracemtn long
[09:50] {Threei} [09:49] {Threei} bounce play, maybe
[09:50] {Threei} worth a try here
[09:50] {Threei} .69 stop
[09:51] {Threei} AAPL long with stop under 126
[09:51] {lumdus} in 126.01 stop 125.99 aapl
[09:51] {lumdus} hee hee
[09:51] {Threei} lol
[09:51] {lumdus} out
[09:52] {lumdus} aapl +.01
[09:52] {Threei} market isn't done dropping
[09:52] {lumdus} nope, i wait for a little bounce. up 400 is alot for yesterday. nearly fainted when i saw my long positions.
[09:52] {dino} wern s .77, stop .03
[09:53] {Threei} no go LLTC
[09:53] {dptl} stopped lltc
[09:53] {Chaeron} me too
[09:54] {bruce} yep same
[09:54] {lumdus} stop on pg 67.07 . maybe we go now . looking stonger
[09:56] {lumdus} good fed shut they mouth for a few minutes.
[09:56] {bruce} dare we try another long? amgn vadster
[09:56] {Threei} with stop under 45, sure
[09:57] {bruce} l amgn .12
[09:58] {Threei} TMA is back from the dead
[09:59] {Threei} one thing is not very clear still
[09:59] {Threei} this is pullback before rally resumption
[10:00] {Threei} or this is end of yeaterday's excitment and return to reality
[10:00] {esemde} long EXLS 1/2 22.31
[10:00] {dino} or not?
[10:00] {Threei} feels to me like the former
[10:00] {esemde} don't try this at home....
[10:00] {bruce} stopped amgn
[10:01] {dino} wern bstop to b/e
[10:01] {Threei} want confirmation, so staying relatively inactive
[10:02] {esemde} out EXLS .82 +.51
[10:02] {esemde} weird didn't see that print......
[10:03] {esemde} that was a little too much excitement for me
[10:04] {bruce} very nice ese
[10:04] {esemde} vad would say....... levels very thin
[10:05] {esemde} out ADBE .50
[10:06] {esemde} +.24
[10:07] {dino} gj
[10:07] {esemde} Ok somebody answer me this come I didn't see a print on EXLS at .82 and that where accts box show me that i'm out?
[10:08] {Threei} went to .97
[10:08] {esemde} ADBE still going
[10:08] {ThurstonHowellTheThird} AMGN 1c shakout :(
[10:08] {esemde} yup
[10:09] {esemde} did I get averaged Vad?
[10:09] {esemde} ....I would have thought that you would have to see a print
[10:09] {dino} cov wern .61 +.16
[10:10] {bruce} yeah thtt sorry
[10:10] {esemde} very strange
[10:10] {Threei} some quirk with particular broker and their reflection of ticker ese...
[10:10] {esemde} worked out Ok for sure but strange
[10:11] {dino} blud l .50, stop .28
[10:11] {ThurstonHowellTheThird} no prob bruce ; that
[10:12] {bruce} l blud
[10:12] {ThurstonHowellTheThird} ....thats trading life :)
[10:14] {bruce} yes - shoulda waited on it - coulvd have got .05 enry w 10 c stop in retrospect
[10:14] {esemde} To answer your earlier question Vad....the show is down at the Jellyfish lounge at the Bedfor Hotel here in Victoria....
[10:15] {Threei} :)
[10:15] {dino} gor
[10:16] {Threei} AKNS 6.63 long if stays above 6.50
[10:17] {esemde} was just thinking the same thing from my solar screen
[10:18] {esemde} can't find a place to get in.....
[10:19] {magoo} in akns
[10:19] {dino} sm l gpor .65
[10:19] {bruce} out blud +.09 - got nervous on that downtick dino
[10:20] {dino} yeah, that was brutal, 24 cents in a blink
[10:20] {Threei} FCEL, if pulls back closer to 6 I am interested
[10:20] {dino} epay
[10:21] {bruce} should go but have a couple losses and need to protect profits
[10:21] {esemde} Magoo where did you get in on AKNS
[10:22] {dino} nazdaq
[10:22] {bruce} lltcbreak vad
[10:22] {bruce} thoughts on it?
[10:22] {Threei} like daily, a bit confused on intraday
[10:22] {bruce} k- does seem to be chopping
[10:22] {Threei} can't make up my mind on it
[10:22] {Threei} pullback was much deeper than I likle to see on breakout plays
[10:23] {Threei} but if market is done shaking out, this one goes much higher
[10:23] {Threei} 30 was serious resistance to break
[10:23] {dino} missed epay, wasnted .90
[10:24] {bruce} nearly 40c pullback - quite a lot for that stock
[10:27] {magoo} vad on LLTC..held rather well in that mkt downdraft in my o
[10:27] {dino} out blud .74, +.24
[10:27] {Threei} true mags... I am just having troubles finding reliable entry on it
[10:28] {Threei} initial break hasn't triggered and got invalidated,
[10:28] {magoo} understood..and i not in..observing
[10:28] {Threei} bounce entry failed and stock made new low for the day
[10:28] {dino} gpor stop to .04
[10:28] {Threei} bounce was good after that, stronger that the market
[10:28] {Threei} so it's a candidate, but I can't pinpoint it
[10:28] {Threei} maybe forms something later
[10:29] {dino} out gpor slip.00, +.40
[10:29] {dino} .35 opps
[10:29] {Threei} why didn't we just buy 10 K of TMA and hold
[10:29] {magoo} hes back and en fuego
[10:29] {dino} is backkkkkkkkkkkkkkkkkkkkkkkkkkkkk
[10:29] {Threei} :)
[10:31] {bruce} k
[10:31] {magoo} rimm bouncer w/mkt vad?
[10:31] {dino} hlcs
[10:31] {lumdus} short nue 66.45
[10:32] {bruce} there goes blud now dino
[10:33] {bruce} I thinking it'll jump aro0und but get to 20 or so
[10:33] {Threei} nothing clear on RIMM mags
[10:33] {lumdus} covering nue 66.19
[10:33] {lumdus} +.26 on nue
[10:33] {magoo} yeah..just noticed its range not so great
[10:33] {dino} reading my mind, want pullback to 18.40ish first
[10:34] {bruce} agreed - trying to keep my risk small
[10:34] {lumdus} long abt
[10:34] {lumdus} 51.52
[10:34] {Threei} AKNS stop to .54
[10:34] {magoo} hostage situation
[10:34] {lumdus} where magoo ?
[10:34] {Threei} *DOE CRUDE: +6.2M V +1.7ME ; GASOLINE: +1.69M V +200KE ; DISTILLATES: -1.2M V -2ME ; UTILIZATION: 85.0% V 86%E
[10:35] {magoo} AKNS
[10:35] {lumdus} oh got scare for a second.
[10:35] {dino} my office
[10:35] {Threei} set stop, set sale, go to other stocks
[10:35] {lumdus} gov spitzer go bye bye at 11:30 - worst wishes to him
[10:35] {bruce} lum scared?
[10:35] {bruce} hard to belive
[10:36] {bruce} thought you had nerves of steel with momo plays you do
[10:36] {lumdus} bruce, i have nerves of steel for money not people.
[10:37] {bruce} ah
[10:37] {magoo} confession..i took LLTC long off 30
[10:37] {bruce} what a dummy spitzer
[10:37] {magoo} diodn't want to hurt anyone
[10:37] {tomg} me too magoo
[10:37] {dino} must have been one hell of a bj
[10:37] {bruce} I feel sorry for him though - don't know what his career options are from here
[10:37] {magoo} rteally, 5k for 2 hrs
[10:38] {dino} cramer will hire him
[10:38] {magoo} i wanna become a prostitute
[10:38] {bruce} lol mags
[10:38] {GeoArb} how about a 500 mill real estate company :D
[10:38] {bruce} shave your legs
[10:38] {dino} or disability collect, sex addict, "not my fault"
[10:38] {bruce} grow your hair
[10:38] {bruce} and you'd still be an ugly prostitiute
[10:39] {bruce} thats smart dino
[10:39] {magoo} vad, instead of running a trading room..we should be running a V.I.P room
[10:39] {dino} escorts are us
[10:39] {lumdus} bruce, why you feel sorry for him. He had 10 long years to think about his action. He is an arrogant sun of a *****
[10:39] {magoo} rreality escorts
[10:39] {Threei} I always make wrong career choices
[10:40] {bruce} very (self) important politicians
[10:40] {magoo} REALITY ESCORTS
[10:40] {bruce} col name
[10:40] {GeoArb} he will be ok
[10:40] {bruce} you nailed it
[10:40] {lumdus} bruce, i for one happy to see him go. thank goodnes for the fbi
[10:40] {GeoArb} his dad has 500 million
[10:40] {bruce} k- he won';t be hurtin for cash then
[10:40] {lumdus} in jpm
[10:40] {magoo} our slogan..if your down from portfolio..let us go down to help u
[10:41] {Threei} SYMCX .46 long for scalp
[10:41] {dino} he nailed it
[10:41] {magoo} er um..but we have women i mean
[10:41] {Threei} SYMC sorry
[10:41] {magoo} really..i was thinking to many sym
[10:42] {Threei} rally it is...
[10:42] {Threei} LLTC worked for those who stayed with it
[10:42] {magoo} out .33 here TY boss
[10:42] {patience} magoo, i have loads of elliot spitzer jokes but am refraining because you are a sensitive guy
[10:42] {Threei} not really my call... but you are welcome
[10:43] {magoo} [10:37] {magoo} confession..i took LLTC long off 30
[10:43] {Chaeron} dcc them all to me patience :)
[10:43] {dptl} stopped akns
[10:44] {dino} sm l epay .01
[10:44] {Threei} hmmm... everything's moving, cvan't find any play
[10:45] {lumdus} abt ready to explode imvho
[10:45] {lumdus} in more 3 x lot
[10:45] {Threei} hope it's not one of those creeping up days when daytraders have hard time
[10:47] {GeoArb} when its slow... can anyone help me out on how to put a top on laser?
[10:47] {GeoArb} a little stuck here
[10:47] {GeoArb} stop
[10:47] {lumdus} out 1 lot abt .62 +.10
[10:47] {dino} what is your malfunction 3i?
[10:47] {Threei} hmm?
[10:47] {dino} :)
[10:48] {dino} 4/4
[10:48] {Threei} cool
[10:48] {Threei} I go sleep, you call'em today
[10:49] {dino} hmmm, am i on ignore, have been....:)
[10:49] {dino} so, now expect the gods to take me down, to get my average .666
[10:50] {Threei} lol
[10:51] {dino} epay stop to .21
[10:51] {lumdus} out lot # 2 abt + .10
[10:51] {dino} hlcs one more whoosh down
[10:52] {dino} out epay .22, +.21
[10:52] {lumdus} nice dino
[10:53] {dino} lucky
[10:53] {dino} fstr bottom bruce, thinny
[10:58] {dino} fstr l sm .12
[10:59] {dino} stop is .94
[11:00] {bruce} looks like fstr can drop alot futher based on previousranges dino
[11:01] {dino} hard stop in
[11:01] {dino} l sm gpor .90, stop .59
[11:01] {bruce} gonna justwatch it for now - you have possible double botom
[11:01] {curtisweese} newbie in on msft at 29.30 (i'm looking for .18 with a tight stop)
[11:01] {dino} "they all float down here johnny"
[11:02] {Threei} RIMM
[11:02] {curtisweese} stephen king
[11:02] {dino} yes
[11:02] {Threei} long as close to 100 as possible
[11:02] {magoo} aapl is stronger too vad
[11:02] {bruce} amln poswsible short here dino
[11:03] {judi} rimm do you mean when close to 100 pullback go long?
[11:03] {Threei} we discussed these entries yesterday judi
[11:03] {Threei} kind without trigger
[11:03] {Threei} where I said "not on price alone"
[11:04] {Threei} re-read the log for yesterday if need refreshment
[11:04] {dino} amln, hmmmm
[11:05] {dino} ok s sm .50, stop .76
[11:06] {Threei} first strength from here
[11:06] {bruce} its holding now dino - so I'm waiting for 40 trigger with stop to .52
[11:06] {magoo} in
[11:07] {Threei} whatcha get?
[11:07] {dino} ok
[11:07] {GeoArb} is there a place i can read older logs?
[11:07] {magoo} .10
[11:07] {magoo} out here .37
[11:07] {magoo} TY
[11:07] {magoo} full
[11:08] {Threei}
[11:08] {Threei} every day
[11:08] {GeoArb} thanks
[11:08] {Threei} good one mags
[11:08] {magoo} i laid .37 out cause FL
[11:08] {GeoArb} hmmm public.... gotta be careful what i say
[11:09] {Threei} yup... don't cayuse any political crises
[11:09] {magoo} u know what i feeling now tho
[11:09] {magoo} scalper regrett lol
[11:09] {Threei} with any market help it goes to 101 and higher
[11:10] {dino} base hits magoo
[11:10] {Threei} didn't take long for 101
[11:10] {Threei} and for higher
[11:11] {dino} amln bstop to .56, not liking the action w/mkt
[11:12] {dino} tighten gpor to .75
[11:14] {dino} gpor stopped -.15
[11:14] {curtisweese} jeez rimm is going crazy
[11:14] {Chaeron} anyone in?
[11:15] {dino} nope
[11:15] {magoo} 102 easy
[11:15] {curtisweese} 2% in 10 minutes...not ba
[11:15] {magoo} with mkt help RISKY rimm tho
[11:15] {curtisweese} bad
[11:15] {magoo} LLTC vad..u reading it?
[11:16] {dino} amln stopped -.06
[11:16] {dino} see 3i
[11:16] {Threei} this is one of those creep up days
[11:16] {Threei} everything is making new highs, impossible to find entry
[11:16] {Chaeron} SYMC finally
[11:17] {dino} at .66666666
[11:17] {Threei} yeah, 1:1
[11:17] {Threei} a bit too narrow chaeron, take scalp I think
[11:17] {Threei} 15 cents
[11:17] {Chaeron} ndx chart was a beauty JBE
[11:17] {dino} de l .60
[11:17] {curtisweese} shorting is dangerous in this market...shudder
[11:18] {Chaeron} thanks +.15
[11:18] {Threei} why would you want tyo short straightforward move up
[11:18] {curtisweese} i don't :P
[11:18] {curtisweese} just reinforcing good practice to myself hehehehe
[11:19] {Threei} XIDE
[11:19] {Threei} first strength is long
[11:19] {magoo} out AKNS .74 TY vad, FL
[11:20] {Threei} finally... magoo is out of prison
[11:20] {Threei} XIDE stop under .90
[11:20] {magoo} probation lol
[11:20] {magoo} got .74 tho..high
[11:21] {magoo} rimm 102 easy
[11:21] {magoo} 11:15] {magoo} 102 easy
[11:21] {magoo} [11:15] {magoo} with mkt help RISKY rimm tho
[11:21] {magoo} yeah..chaer, bruce..played it 3 times on call
[11:24] {dino} ctrp
[11:25] {bruce} nice mags - just noticed how far rimm moved
[11:26] {bruce} gemn strong and lulu
[11:26] {Threei} magoo... whatever you do, do not, I repeat do not look at AKNS
[11:26] {bruce} amln too
[11:27] {bruce} grmn rather
[11:27] {magoo} u knew i'd look
[11:27] {bruce} amgn break vad?
[11:28] {magoo} i thionk the 1 i really gonna not want to look at will be LLTC vad
[11:28] {magoo} 32 prolly
[11:30] {dino} fstr stopped -.17
[11:31] {Threei} looks like bruce, won't be fast though
[11:32] {Threei} CIEN
[11:32] {bruce} k- thanx vad
[11:33] {Threei} .94 long if holding above .80
[11:34] {Threei} if sets up from here, scalpers can keep stop .84
[11:38] {dptl} are you guys in xide?
[11:39] {Threei} me is
[11:39] {dptl} where?
[11:39] {Threei} .02
[11:39] {bruce} I was - dumped it dp
[11:39] {dptl} ok ty
[11:39] {curtisweese} here it goes
[11:40] {Threei} no faith whatsoever
[11:40] {GeoArb} i dumped it for 2 cents
[11:40] {curtisweese} sweet
[11:40] {Threei} sigh... no one to carry the banner or rally for the cause
[11:41] {curtisweese} im in at .05
[11:41] {curtisweese} small just to play along
[11:41] {Threei} thank you curtis, loneliness started taking root in my heart... then you came along
[11:43] {Threei} .94 stop btw
[11:43] {bruce} spowr big move today dino
[11:43] {bruce} spwr
[11:43] {bruce} sheesh safm
[11:45] {dino} y
[11:47] {curtisweese} stopped out of xide...doh!
[11:47] {Threei} CIEN is oblivious to market downtick
[11:48] {dino} out de flat
[11:48] {dino} amln s .40 stop hod
[11:49] {bruce} amln short .43 stop .51
[11:51] {dino} peix
[11:54] {bruce} 26.15 is my target for amln dino
[11:55] {Threei} ideally CIEN sits withing this range while market digests pullback, then triggers as NQ decides it's time to resume
[11:56] {Threei} so far it follows the suit
[11:57] {curtisweese} msft is sitting on support...tempted to buy in again
[11:57] {curtisweese} there it goes
[11:58] {Threei} you just can't stand it that your bud Bill makes money without you
[11:58] {dino} lol bruce 25.82
[11:58] {Threei} that INET bigg offer at .94 is nice indication for entry on CIEN
[11:58] {curtisweese} hahahah
[11:58] {Threei} triggered
[11:58] {bruce} lol - like your target better dino
[11:59] {Threei} offer got taken in one gulp
[11:59] {dino} depends on old man market
[12:00] {Threei} 28 like hot knife through butter
[12:00] {Threei} 1:1 for scalpers
[12:00] {Threei} half out .09
[12:00] {Threei} stop to .89
[12:01] {dptl} half out .09
[12:01] {Threei} say what?
[12:01] {Threei} do hasn't scalped full lot?
[12:01] {Threei} do = dp
[12:02] {Threei} I fully expect snow any minute now
[12:02] {dptl} :)
[12:02] {Threei} but it's a good thing... if second half gets stopped I'll blame it on you {G}
[12:03] {dino} bruce you cover?
[12:04] {bruce} out amln in full at .15
[12:05] {bruce} +.28
[12:05] {dino} gj
[12:05] {bruce} thanx dino
[12:05] {bruce} gonna look pathetic to your cover but being conservative
[12:06] {dino} hard stop to .14
[12:06] {bruce} good idea
[12:06] {dptl} offering .19 cien
[12:07] {dino} at .10
[12:07] {Threei} out 1/4 more
[12:08] {dptl} dp has left the bldng...ty
[12:08] {Threei} :)
[12:09] {Threei} stop to .99 for the balance, no lose territory
[12:09] {Laserdave1} that CIEN
[12:09] {Laserdave1} great trade Vad
[12:09] {Threei} thank you
[12:10] {dino} stingy today make it .06
[12:10] {dino} 3 hours of spitzer cnbc, give it a break
[12:11] {curtisweese} market spiking
[12:12] {curtisweese} rimm heading for high of day ......ponder
[12:13] {dino} cov .00 +.40
[12:13] {tomg} ty cien, vad, see y'all tomorrow
[12:13] {Threei} take care tom
[12:14] {dino} cya tom
[12:14] {bruce} nice onedino
[12:14] {magoo} bye tom
[12:14] {bruce} bye tom
[12:14] {GeoArb} off to work.... thanks
[12:14] {dino} l8r geo
[12:16] {dino} ty bruce, too tight seems tho
[12:16] * Laserdave1 slaps Threei around a bit with a large trout
[12:16] * magoo slaps Laserdave1 around a bit with a large trout
[12:16] {bruce} looks like yo0ur .80 idea will get hit
[12:16] {bruce} still +.40 is nice
[12:17] {Laserdave1} that was quick Mags
[12:17] {dino} there it is
[12:18] {magoo} yeah..was waiting to do thatr
[12:18] {dino} my gut feel is better after vaca, 'cause it's about 5 lbs. up
[12:18] {bruce} lol
[12:18] {dino} bigger the gut=bigger the profits, see trading is easy
[12:19] {bruce} good commercial for beer then
[12:19] {bruce} more beer more realzed
[12:19] {bruce} bigger gut
[12:19] {bruce} bigger profits
[12:19] {dino} lol
[12:19] {bruce} way coolo - new formual for trading success
[12:20] {bruce} trying to lose my gut now
[12:20] {bruce} on no beer - very little food diet
[12:20] {dino} penn
[12:21] {dino} \cut the carbs, not the beer, dropped 15 lbs from 01/03, and still had mucho beer
[12:21] {dino} cervesa
[12:22] {dino} another 15 and back to college weight (not gonna happen)
[12:23] {bruce} thats my goal - college weight
[12:23] {dino} how old are you?
[12:23] {bruce} 20 lbs to go
[12:23] {bruce} \old enough to know better
[12:23] {dino} lol. 43 this coming monday
[12:23] {bruce} to young to stop being stupid
[12:24] {bruce} 52 for me
[12:24] {bruce} is tradingmain source of income dino for you?
[12:24] {dino} yes, and real estate speculation
[12:24] {bruce} k
[12:25] {dino} wife's a teacher
[12:25] {bruce} good diversification then if you have RE and trading both
[12:25] {dino} helps w/benefits
[12:25] {dino} y
[12:26] {dino} took me many years to realize r.e. will make me rich, not trading. my trading is my paycheck
[12:26] {dino} once i realized this, trading got easier
[12:27] {bruce} k - still working on getting a paycheck from trading
[12:27] {dino} you have found your edge, imo
[12:28] {bruce} crossing fingers - may be getting there
[12:29] {bruce} ]vocs dno
[12:29] {bruce} penn sold of nicely but didn't want to take it at high
[12:30] {dino} need last spike up, or break of .50 vocs, imo
[12:31] {bruce} agreed - want to see some weakness howing in it
[12:31] {bruce} q's are asleep today
[12:33] {curtisweese} rimm is gonna tank big or go up big looks like
[12:34] {bruce} vad - ovtias long?
[12:34] {bruce} ovti
[12:35] {Threei} looked at it 40 cents ago and couldn't make up my mind
[12:35] {Threei} even less likely to do so now, lol
[12:36] {dino} sm s penn .50 stop .81
[12:36] {bruce} k
[12:38] {dino} caution on penn, it's like pulp
[12:38] {bruce} see that
[12:39] {dino} pulp moves (seinfeld) for the newbies
[12:39] {magoo} your pushing your luck little man {soup george}
[12:40] {curtisweese} looks like double bottom on rimm....right?
[12:40] {bruce} vad - thoughts on lltc retracement long at 30.11 break with 6c stop?
[12:41] * magoo slaps Chaeron around a bit with a large trout
[12:41] * magoo slaps bruce around a bit with a large trout
[12:41] {Chaeron} ?
[12:41] * bruce slaps magoo around a bit with a large trout
[12:41] {magoo} hey..wwhats that for??
[12:41] {dino} penn bstop to b/e
[12:42] {dino} stopped flat
[12:42] {bruce} missed penn dino - triggeed to quick
[12:43] {dino} too tight penn
[12:43] {bruce} yes - volatile one
[12:43] {curtisweese} rimm was a double bottom....i'm learrrrrrning
[12:44] {magoo} yeah..mister 5k lol
[12:44] {magoo} u good student
[12:44] {curtisweese} not today :( i missed the sweet rimm trade and cien trade....
[12:44] {bruce} heck - we should be taking lessons from curtis
[12:44] {curtisweese} i'm in on msft from 29.10 at the moment....sooooo slow though
[12:45] {curtisweese} i used to be a part time swing trader and am trying to broaden with this type of trading
[12:46] {curtisweese} rimm gonna break 102 again for a quick .20 or so scalp i bet
[12:48] {curtisweese} wow tank city
[12:49] {bruce} yeah tricky
[12:50] {bruce} aapl did same - looked long then dumped
[12:50] {curtisweese} msft too
[12:50] {curtisweese} market just dropped
[12:50] {patience} US Capital building and congress evacuated after security threat
[12:50] {bruce} geesh- thanx patience - that would do it
[12:52] {Chaeron} Washington DC Capital Building being evacuated for air space violation - wire headline - TTN reports NORAD has made contact with the plane, believed to be a small plane but not certain.
[12:52] {Chaeron} - follow up 13:32: all clear signal given at the Capitol 3/12/2008 12:28:20 PM
[12:52] {dino} spitzer's there w/gun, (joking)
- TTN reports NORAD has made contact with the plane, believed to be a small plane but not certain.
[12:52] {Threei} - follow up 13:32: all clear signal given at the Capitol
[12:52] {Threei} oops, sorry chaeron
[12:52] {Threei} I am asleep at the wheel
[12:52] {Chaeron} np Threei...
[12:53] {Chaeron} you're busy finding trades in a diff market I'm sure :)
[12:53] {Threei} that, and trying to glue the duct tape to my eyelids
[12:54] {bruce} hnt possible longhere
[12:54] {bruce} risky
[12:56] {dino} vocs s .75 stop hod
[12:57] {dino} stopped
[13:01] {Threei} RIMM long on pullback into .40 - .50
[13:02] {Threei} a bit too far from there now
[13:02] {Threei} not likely to get it
[13:03] {curtisweese} market going up after lunch!
[13:03] {bruce} half out hnt +.16
[13:04] {dino} de l .25
[13:05] {dino} gj bruce
[13:05] {Threei} looks possible now
[13:06] {Threei} stop under .50 if entering
[13:06] {Threei} in
[13:07] {magoo} in
[13:07] {Threei} 1:1 easy
[13:08] {Threei} good boy RIMM
[13:08] {Threei} take profit as you see fit
[13:08] {Chaeron} nice job Threei
[13:08] {magoo} out .85 TY
[13:09] {Threei} :)
[13:09] {Chaeron} nice mags
[13:11] {Chaeron} anyone know where IRC "Always on Top" option is?
[13:13] {curtisweese} not me ....though mine is set that way fro some reason
[13:14] {Threei} right cli8ck on a blue bar at the top
[13:14] {Chaeron} thanks anyway curtis
[13:14] {Threei} second line from top
[13:15] {Chaeron} ahhhhh thanks Threei... I always forget about the hidden stuff on the blue bar
[13:15] {Threei} never ever forget about blue bar
[13:15] {Threei} you should always remember blue bar
[13:16] {curtisweese} man, how i love that blue bar
[13:16] {curtisweese} well any bar
[13:16] {Threei} (lousy attemot to imitate seinfield-speak)
[13:17] {curtisweese} i feel big market bounce......come on!!!
[13:18] {Threei} e-mail of the kind that make my day if not week
[13:18] {Threei} After reading your book "Techniques of Tape Reading" the second time a few
[13:18] {Threei} months ago, it finally made sense in a big way. Definitely the best book
[13:18] {Threei} written on the stock market in the last 50 years - at least. Your
[13:18] {Threei} description of the 6 phases of market movement (rally / decline) is simply
[13:18] {Threei} brilliant. Thank you for bringing this book to the market!!
[13:18] {Threei} After the 2nd read, I started to tape record the market every day and watch
[13:18] {Threei} several hours each night. It is amazing to watch intuition develop. Your
[13:18] {Threei} "look for the false reality that the market wants you to see" is incredibly
[13:18] {Threei} powerful technique.
[13:18] {bruce} out balance hnt =}65
[13:19] {curtisweese} nice!
[13:19] {bruce} +.65
[13:19] {bruce} looks like I exited early
[13:19] {Threei} RIMM 102 break long
[13:19] {bruce} thanx curtis
[13:20] {Threei} out
[13:20] {Threei} +.27
[13:20] {curtisweese} good one
[13:20] {magoo} nice boss
[13:20] {Threei} now, back to re-reading nice e-mail... :)
[13:21] {judi} ty made +.20 on rimm
[13:22] {Threei} wtg judi
[13:22] {magoo} read on aapl vad?
[13:22] {Threei} don't you love it when they bring profit faster than I manage to type where to set the stop
[13:22] {Threei} not really mags
[13:23] {Threei} trades differently today
[13:23] {dptl} out HNT....+.86 TY Bruce
[13:23] {Threei} jeez
[13:23] {Threei} this is simply indecent
[13:23] * Threei slaps dptl around a bit with a large trout
[13:24] {bruce} great dp- glad you got nice win
[13:24] {bruce} you got that on full lot dp?
[13:24] {dptl} no...small to risky
[13:25] {bruce} k- thats smart\
[13:26] {dptl} out ovti+.20 tyBruce
[13:27] {magoo} rimm break of .50 long vad?
[13:27] {Threei} want a bit more consolidation mags... spiked too sharply into .50
[13:28] {Threei} dp, keep this up and you won't have any friends left... you are robbing market blind today
[13:29] {dptl} lol.....):
[13:29] {bruce} congrats agan dp
[13:29] {dptl} :)
[13:29] {bruce} don't listen to the vadster
[13:29] * bruce slaps Threei around a bit with a large trout
[13:29] * Threei crawls under nearest rock
[13:29] {Threei} RIMM valid if hokding above .35 from now on mags
[13:30] {magoo} u going?
[13:30] {Threei} unless coming... sure
[13:30] {magoo} maybe a better as pullbk play
[13:31] {Threei} if fails support yes
[13:31] {bruce} see vads play curits - small range to keep risk small rather than jump into straight mom w bigt stop
[13:31] {curtisweese} yeah
[13:31] {curtisweese} smarter
[13:32] {bruce} yes - that said you seem to have great feel for momo trades
[13:33] {Threei} combined, you guys are fully sustainable and don't need me at all
[13:33] * Threei prepares retirement talk)
[13:33] {bruce} ah -
[13:33] {bruce} we need you vad
[13:34] {Threei} I'll be with you in spirit
[13:34] {bruce} apologizes to vad for earlier trouting
[13:34] {Threei} too late... I am deeply offended and need three years on the beach to ponder
[13:35] {Threei} make it five
[13:35] {Threei} 10 will heal for sure
[13:35] {bruce} in spirit - is that a reference to vodka?
[13:36] {Threei} bathtub kind
[13:36] {bruce} lol
[13:36] {lumdus} Breaking News: Vadstart wants to follow NY Gov in to retirement.
[13:36] {bruce} and long staw
[13:36] {bruce} straw
[13:36] {patience} vad, if i can trade every morning in the car, waiting to drive my daughter to school, I'm sure you can trade from the beach :)
[13:36] {Threei} maybe I can... but why would want to :)
[13:37] {dptl} stop in Vancouver Vad.....for some fun:)
[13:37] {patience} some of my best trades have been in the car vad....roflol....oh lord, i must be bored, back to the corner
[13:37] {bruce} wow patience - in car while driving?
[13:37] {bruce} remind me not to drive anywhere near you
[13:38] {Threei} over cell phone? or we have wifi in our fine city now? :)
[13:39] {Threei} I remember some talk about a year ago about covering downtown with wifi access
[13:40] {esemde} have a great rest of the day everyone.......big rehearsals and show today and tomorrow....
[13:40] {Threei} take care ese, have fun and good luck
[13:40] {Threei} (as if you need any luck)
[13:40] {esemde} tks vad
[13:40] {esemde} take care...
[13:40] {bruce} bye ese
[13:41] {bruce} vocs lookingbetter as short now dino
[13:43] {Threei} AMGN
[13:43] {lumdus} so amgn goes down ?
[13:43] {dino} grmn s .00
[13:44] {dino} y bruce vocs
[13:45] {bruce} still waiting a bit dino for longs toget discouraged
[13:47] {bruce} watching ba for short breakdown
[13:52] {dino} mkt confused
[13:53] {Threei} badly
[13:54] {Threei} in fact, when I try to ask it what its name is it answers "70 degrees outside"
[13:55] {magoo} lately, 2:30 ish the mkt has made strong moves..both ways
[13:55] {bruce} s ba .20 stop .29
[13:56] {magoo} so if IF mkt resolves up...rimm should power to 103 +..this is just my thoughts..carefyul
[13:56] {magoo} if mkt wants to sell bell...shoiould visuit 99
[13:56] {Threei} what do you mean careful?
[13:56] {Threei} I shouldn't have bought 10K?
[13:56] {magoo} no..u shopuld not haver
[13:56] {Threei} oops
[13:57] {magoo} dam typing patrhertic
[13:57] {Threei} trell me about it
[13:58] {dptl} l gpor .21...risky as hell....small
[14:03] {bruce} stopped ba -.8c
[14:05] {lumdus} short ba 72.15
[14:06] {lumdus} stop on BA 72.36
[14:08] {Chaeron} .
[14:10] {dino} grmn bstop to b/e
[14:10] {bruce} vocs now looking weak dino
[14:10] {bruce} jumpy though
[14:12] {dino} to .76
[14:13] {dino} cov .66, +.34
[14:14] {dino} y
[14:14] {ThurstonHowellTheThird} thx dino; my first dino-trade +.38
[14:14] {dino} wow fstr
[14:14] {Chaeron} and you did better than he did Mr. Howell
[14:15] {dino} gj th3
[14:15] {ThurstonHowellTheThird} I had bid waiting @ .62...saw support .60
[14:16] {dino} trailed my bstop tight
[14:17] {dino} fstr bruce? long?
[14:17] {dptl} out gpor +'29
[14:17] {Threei} see? disgusting
[14:17] {dino} gj
[14:17] {dptl} lol
[14:17] {dptl} ty
[14:18] {magoo} vad..u want me too...............
[14:18] {bruce} s ba again .25 stop .33
[14:18] {Threei} if you feel the need
[14:18] * magoo slaps dptl around a bit with a large trout
[14:18] {dino} risky, sm fstr l .00
[14:18] * magoo slaps ThurstonHowellTheThird around a bit with a large trout
[14:18] {ThurstonHowellTheThird} ouch
[14:19] {dptl} :)
[14:20] {dptl} ttwo?
[14:21] {bruce} out ba +.03 starting to look like long
[14:22] {bruce} Ilkie fstr long here dino
[14:23] {dino} dk
[14:23] {bruce} hope you got it dino - I'd like it about 36
[14:24] {lumdus} bruce, does look like market reload. but i not sure.
[14:24] {dino} my bad, yes i'm in fstr at .00, thought you asked fslr
[14:25] {bruce} wow dp - did we ever miss hnt
[14:25] {dptl} i know ...but need to get to greedy...:)
[14:25] {bruce} yeah - makes vadster upset
[14:26] {Threei} of course it does... I feel responsibity to protect poor market from from you predators
[14:27] {bruce} no eel for ba at moment lum so dumped it - will see what it does
[14:27] {bruce} the VADSTER
[14:27] {bruce} protector of market
[14:28] {bruce} blight of predotors
[14:28] {magoo} R A V E N
[14:28] {bruce} friend to market makers everywhere
[14:28] {bruce} sure thing vadster
[14:28] {Threei} and analysts
[14:28] {magoo} mkt direction TBD
[14:28] {Threei} and talking heads
[14:29] {bruce} yeah - sorry
[14:29] {Threei} and most of all:
[14:29] {Threei} FED
[14:29] {bruce} forget about the usual suspects
[14:30] {bruce} ah yes - can just see vad saying his prayers each eve
[14:30] {bruce} kneeling beside bed and asking lord to protect the gentle and good fed
[14:31] {curtisweese} come on rally....let's see if you can appear!
[14:31] {Threei} fearless inflation fighters, they are
[14:32] {Threei} of course when there is no inflation they create it... but that's OK, glass window installer was always the first to throw stones at the 'hood windows
[14:32] {curtisweese} here we go......come one market! (wills market higher)
[14:32] {curtisweese} rimm at 102 again ;)
[14:33] {dino} rally
[14:33] {bruce} out fstr +.14
[14:33] {curtisweese} not breakin that 102 resist at the moment tho
[14:33] {bruce} no guts
[14:35] {bruce} taking doggy duty break
[14:35] {curtisweese} there goes rimm
[14:36] {magoo} [14:29] {magoo} mkt direction TBD
[14:39] {dino} fstr stopped
[14:40] {dino} spiked
[14:41] {curtisweese} here we gooooooooo
[14:43] {magoo} l rimm .15 just now
[14:43] {curtisweese} end of day rally coming.....sweeeeet ....come on market...let's goooo
[14:44] {curtisweese} or or the other....hhahahaha
[14:45] {curtisweese} rimm getting close to that high for big money no whammies
[14:45] {curtisweese} but it falls so fast when it falls....i get scared
[14:45] {magoo} out .30
[14:45] {curtisweese} nice!
[14:48] {Threei} I am still fond of that nreak
[14:49] {Threei} break too
[14:49] {curtisweese} here goes some up action
[14:49] {curtisweese} or not...jeez market...make up your mind
[14:49] {Threei} if market digests this spot just a tad and goes for the high, another rally leg should be vicious
[14:51] {Threei} 103 will be nothing for RIMM and 104 is not out of question
[14:52] {magoo} in ruimm
[14:53] {Threei} I'll wait for a break
[14:53] {dino} rum?
[14:55] {dino} arst
[14:55] {curtisweese} market get off your arst!!!
[14:55] {Threei} lol
[14:55] {magoo} stopped
[14:55] {magoo} thats why u wait
[14:56] {Threei} yeah, during such digestion you never know how many attempts it's going to take
[14:56] {lumdus} chewing it's cud
[14:57] {curtisweese} stopped out and then it slaps you by going back up....the nerve!!!! stupid rimm!
[14:58] {dino} blud
[14:59] {dino} ugh
[15:02] {curtisweese} rimm is looking for it again
[15:02] {magoo} rimm up while naz retreatds vad
[15:03] {Threei} yeah, looking at it with amazement, admiration and great expectations
[15:04] {Threei} ok... let's see
[15:04] {Threei} and market bounce, right on cue
[15:04] {Threei} fueling even more
[15:04] {magoo} in out
[15:04] {magoo} .44 - .77
[15:05] {Threei} half out +.30
[15:05] {magoo} i gonna reload it
[15:06] {magoo} in
[15:07] {Threei} FEED is running
[15:07] {Threei} looking at SEED
[15:07] {Threei} 5.65 break risky long trigger
[15:10] {dino} penn s .30
[15:10] {Threei} stopped on balance
[15:11] {magoo} me too
[15:14] {magoo} that falloff sucked
[15:14] {curtisweese} s RIMM time i think
[15:15] {curtisweese} in at 102.19
[15:18] {Chaeron} mkt shaking up
[15:19] {Chaeron} or not
[15:21] {curtisweese} die RIMM!!!!
[15:26] {curtisweese} out rimm even sigh
[15:28] {Chaeron} is it just me or......?
[15:28] {bruce} hway looks like short
[15:30] {dino} ctrp s .67
[15:30] {dino} penn stopped
[15:30] {dino} -.21
[15:33] {curtisweese} s RIMM 102.44
[15:35] {dino} vocs s .50
[15:38] {curtisweese} out RIMM short +$.47
[15:38] {dino} ctrp bstop to .39
[15:39] {lumdus} l amzn 66.80 stop 66.65
[15:40] {lumdus} dammn, wrong way. i guess we not go up too soon.
[15:40] {dino} ctrp to .27
[15:41] {dino} stopped .27, +.40
[15:41] {lumdus} s wfc 29.52 stop 29.71
[15:45] {lumdus} stop on wfc 29.58 - no read here today.
[15:46] {lumdus} bac also going down
[15:47] {judi} ty for today, good ++ day for us, check with you tomorrow
[15:47] {Threei} good to hear judi
[15:47] {dino} gj judi
[15:48] {curtisweese} cant' believe i bailed on that rimm short so early
[15:48] {curtisweese} grrrrrrrr
[15:50] {dino} stopped vocs .50, flat
[15:57] {Threei} Ok guys, thank you all
[15:57] {bruce} grmn looks short
[15:57] {Threei} have a good evening, see you tomorrow
[15:57] {magoo} ty vad
[15:57] {bruce} geesh - thanx vad - lost track of market about to close
[15:57] {dptl} have a good evening all....:)
[15:59] {dino} thx all
[16:00] {bruce} yes - thanx dino
[16:00] {bruce} see all tomorrow
[16:01] {dino} u2

Tuesday, March 11, 2008

Mar 11 2008

Session Time: Tue Mar 11 00:00:00 2008

[08:31] {Threei} JAN US TRADE BALANCE: -$58.2B V -$59.5BE
- Prior revised from -$58.8B to -$57.9B
[08:33] {magoo} morning, still had to use alternate server, sigh
[08:33] {Threei} hi mags
[08:33] {Threei} some can use regular one, some have to go to reserve
[08:33] {Threei} not sure why propagation is taking that long
[08:34] {Threei} usually when it happens, 3 days is enough for eliminating issue for everyone
[08:53] {Threei} not only big market move but has a sustainable look so far too
[08:55] {Threei} BSC, what a move
[08:58] {cosmo} shell game?
[08:59] {cosmo} terminology?
[08:59] {dptl} good morning all
[08:59] {Threei} dp :)
[08:59] {Threei} who knows cosmo
[09:00] {Threei} Fed lends 200 B
[09:00] {Threei} that's an awful lot of liquidity pumped in
[09:00] {Threei} staves off immediate financial worries
[09:00] {cosmo} beware of liquifaction i say
[09:03] {magoo} why everything gapping so big? news?
[09:04] {Threei} posted headline earlier
[09:04] {Threei} here is full text
[09:04] {magoo} i see, siorry
- Increases swap lines with ECB to $30B and SNB to $6B (represents increases of $10B and $2B respectively).
[09:04] {Threei} - Accepting agency and private mortgage debt as collateral and non-agengy AAA/Aaa rated private MBS's (Represents about $340B of increased liquidity offered by the Fed in the last week).
[09:04] {Threei} - "TSLF" = Term Securities Lending Facility (28-day primary dealer lending facility) Auctions set to begin on 3/27/08 and will be held on a weekly basis.
[09:04] {Threei} - ECB states it will offer further USD liquidity to banks in March.
[09:04] {Threei} - Fed states it also coordinated with Bank of Canada, BOE and ECB in this operation.
[09:05] {Threei} look at TMA
[09:06] {Threei} mbi
[09:06] {Threei} abk, bsc
[09:06] {Threei} financials are popping
[09:07] {Threei} market thinks it's a right move by fed
[09:08] {cosmo} CROX
[09:08] {cosmo} pre mkt high = 19.50 fwiw
[09:08] {Threei} QCOM
[09:08] {Threei} BOOSTS DIVIDEND 14.2% TO $0.16 FROM $0.14; ANNOUNCES $2B BUYBACK (3.17% OF MARKET CAP)- Effective for quarterly dividends paid after March 28.
[09:09] {Threei} oil and gold drop
[09:09] {Threei} USD strength
[09:09] {Threei} NQ consolidation of JBE type
[09:10] {Threei} did Fed finally hit the right note?
[09:11] {magoo} dunno..i know sometimes these big gap mornings are hell to trade
[09:12] {Threei} true
[09:14] {magoo} but, if IF the momo continues..we need to look at usual suspects and ride the wave..even if for only a day
[09:15] {Threei} that's where we always look... the big if is that IF :)
[09:16] {cosmo} if there is no tomorrow...
[09:16] {magoo} thats why i said it twice boss
[09:19] {magoo} the shorts must be p@ssed vad
[09:21] {ThurstonHowellTheThird} gm all
[09:21] {Threei} thtt :)
[09:21] {Threei} I know I would magoo
[09:27] {dino} gm
[09:27] {Threei} dino :)
[09:28] {magoo} RIMM level 2 really moving
[09:28] {GeoArb} good morning
[09:29] {Threei} goe :)
[09:29] {Threei} geo
[09:29] {magoo} your game :)
[09:32] {bruce} rvbd long break vad?
[09:32] {bruce} forget it
[09:32] {Threei} I don't see any setup on it at this point, just jump out of the gate
[09:33] {bruce} agreed - too late
[09:33] {bruce} wheres lum? - his kind of morning
[09:33] {magoo} csiq and coin up too..not in
[09:34] {magoo} aapl pulled or pulling back
[09:34] {bruce} add skf to watch dino
[09:35] {magoo} wow..its hammered bruce
[09:35] {bruce} you bet mags
[09:35] {bruce} we have pullback in rimm now vad
[09:36] {Threei} I am wastching if it gets closer to 96.50
[09:36] {dino} ultra short bruce
[09:36] {bruce} k vad
[09:37] {magoo} 96.50 support area vad?
[09:37] {Threei} can try .81 long now if holding above .70
[09:37] {magoo} how about aapl vad?
[09:38] {Threei} fast selling under .50 on RIMM gets interesting
[09:39] {Threei} one more leg down and will be impossible to resist
[09:39] {magoo} like 95.75 area?
[09:39] {magoo} or lower?
[09:39] {bruce} looks like those long pushes on open not holdning vad
[09:39] {Threei} too late, jumped
[09:40] {magoo} aapl day low
[09:43] {Threei} QCOM .19 short if holding under .30
[09:45] {esemde} ah ha....finally in...good morning
[09:45] {Threei} ese :)
[09:46] {Chaeron} GM all...
[09:46] {Threei} chaeron :)
[09:46] {Threei} 1:1 QCOM
[09:49] {Threei} 1:a lot
[09:49] {Threei} out in full
[09:49] {magoo} nice vad
[09:49] {Threei} will calculate later
[09:51] {Threei} BLOG
[09:51] {Threei} half lot long on .70 break
[09:51] {Threei} .45 stop
[09:58] {dino} grmn l .75 sm
[09:59] {Threei} BLOG over 1:1
[10:00] {dino} sm l smts .81
[10:06] {Threei} BCS .49 short if stays under .70
[10:11] {Threei} stop .61
[10:20] {dino} grmn stop to b/e
[10:23] {Chaeron} .
[10:24] {Threei} out
[10:24] {dino} grmn to .25
[10:24] {bruce} stopped bcs
[10:25] {dino} out grmn .35, +.60
[10:25] {bruce} initially misread that vad - thought yuou had posted bsc
[10:27] {Threei} BSC looks more like long
[10:27] {Threei} but volatility is horrific
[10:28] {dino} smts stop to .34
[10:31] {dino} expect slip, to .49
[10:32] {dino} out .48, smts +.67
[10:32] {bruce} exactly
[10:33] {Threei} RIMM short with stop above .50
[10:34] {bruce} vrsn long vad? - not sure there is enough volume
[10:34] {Threei} I wouldn't bruce
[10:37] {Threei} NQ is ready to drop it seems
[10:39] {bruce} k
[10:39] {bruce} s rimm at .25
[10:39] {Threei} wow... sold BLOG too soon
[10:42] {Threei} die already RIMM
[10:42] {Threei} half out from .36
[10:42] {magoo} rimm entry u get??
[10:43] {magoo} oops
[10:43] {Chaeron} .39 here
[10:43] {magoo} ok
[10:43] {bruce} nice vad - my .25 entry was bad
[10:43] {Threei} a bit too far from resistance yeah
[10:44] {dino} teloz
[10:48] {bruce} out of rimmsky - tiny win
[10:49] {Chaeron} die already market......
[10:49] {dino} lol chaer
[10:55] {Threei} out RIMM balance
[10:56] {Threei} starts looking like long on .50 break
[10:57] {magoo} in rimm l
[10:57] {Threei} stop under .30
[10:57] {Chaeron} in
[10:58] {Chaeron} go already market........ :)
[10:58] {Threei} lol
[10:58] {magoo} hey..u wanted die :)
[10:58] {Threei} market is badly confused chaeron, mixed messages by you
[10:58] {Chaeron} yeah... like it doesn't do the same to me...
[10:59] {dino} teloz sm l .20
[10:59] {dino} wide risky
[11:00] {magoo} power upppppppppp
[11:03] {Threei} can't decide between scalp and hold, lol
[11:06] {Threei} come on NQ, blast through 1710
[11:07] {Threei} 1:1
[11:07] {Threei} 1.5:1
[11:07] {Threei} lol, my math abilities get challenged
[11:07] {Threei} 1:2
[11:07] {Threei} out
[11:07] {Threei} that's 4 out of 5 today
[11:08] {Threei} on a big gap day which are never easy
[11:09] {Threei} you all are silently pocketing profit or fell asleep and forgot to sell?
[11:09] {Chaeron} I don't believe it..... got confused for a sec... hit buy @ .87 thinking I was covering short when I was long from .52... hit market sell immediately and made an additional 3 cents...... *whew*
[11:09] {Chaeron} I need a vacation....
[11:09] {Threei} lol
[11:09] {dino} teloz stopped
[11:10] {Threei} see, trying to confuse market you ended up confusing yourself
[11:10] {Chaeron} now it goes to 98
[11:10] {magoo} still in
[11:10] {Threei} as russian saying goes... don't dig the hole for someone else for you are the one likely to fall in it
[11:10] {Chaeron} oh... many thanks Vad... nice one... slow but nice
[11:11] {Chaeron} that one sounds better in Russian.. :)
[11:11] {Threei} RIMM slow... who would have thought we were to hear that ever
[11:12] {magoo} out 96
[11:12] {magoo} TY vad
[11:12] {tomg} me too, ty vad
[11:12] {ThurstonHowellTheThird} I wish I would've played RIMM :(....but still good morning on other trades :) thanks Vad
[11:13] {Threei} welcome guys
[11:13] {magoo} U DA MAN
[11:13] {Chaeron} there will be more Mr. Howell
[11:14] {GeoArb} quick question people here use a separate charting software than their execution platform?
[11:14] {ThurstonHowellTheThird} I'm kinda sketchy 'bout RIMM APPL.....old war wounds
[11:14] {GeoArb} for e.g esignal AND laser
[11:15] {Threei} why Geo
[11:16] {Threei} laser has its own charting
[11:16] {Chaeron} nice ones too :)
[11:16] {GeoArb} i guess its my distrust holdover from my futures trading days
[11:16] {Threei} I see no need for axtra expense
[11:16] {GeoArb} never show setups on execution...... so curious
[11:17] {GeoArb} ok
[11:17] {ThurstonHowellTheThird} esignal is excellent but too expensive unless you're making consistant $$$
[11:17] {GeoArb} i have tradestation with some programmed patterns... so wondering if i need it
[11:17] {GeoArb} will trade thru laser though
[11:18] {Chaeron} never a slow ex on Laser with me Geo... too fast sometimes... (cause of my second doubts :)
[11:18] {GeoArb} ok
[11:18] {GeoArb} thanks guys
[11:20] {bruce} personally geo - I just use laser - hate the charts though - esignal is much cleaner and easier to read
[11:20] {magoo} personnally, laser charts are by far best i've used
[11:20] {magoo} been w/ 5 other brokers too before laser
[11:21] {bruce} don't want to spend money on extras now but would get esignal if capital allowed
[11:21] {GeoArb} thanks for the tips... starting to close down tradestation
[11:21] {GeoArb} 5k stuck there for no reason
[11:21] {ThurstonHowellTheThird} Its better to get used to chartware like Lasers...I know some guys that get used to the luxuries of esignal and then cant go back to basic chartware ever again
[11:21] {GeoArb} true
[11:22] {GeoArb} i have wasted months on ninja... then realized i was enjoying programming it more than trading so left :)
[11:22] {GeoArb} simplify
[11:23] {bruce} if you do any longer term trades it's nice to have a wekly chart - and laser doesn't even have that at all
[11:23] {GeoArb} i can always use my longtermbroker for that
[11:23] {GeoArb} thanks
[11:23] {GeoArb} dont want to distract you guys from making money too much :0
[11:23] {Threei} iof you ned weekly chart why would need any software at all?
[11:24] {Threei} go to yahoo or any other financial webpage
[11:24] {Threei} and get it for free
[11:24] {dino} indeed
[11:24] {GeoArb} yes
[11:24] {Threei} it's not like you need weekly chart real time
[11:24] {magoo} u gonna get it now bruce : )
[11:24] {bruce} true vad - justa nuisance to look up diferent places
[11:24] {Threei} 15 min delay is acceptable I'd think :)
[11:25] {Threei} I'll be damned if I pay for whol,e other charting package to avid that nuisance :)
[11:25] {GeoArb} i must say this is one of the most focussed rooms i have been in
[11:25] {Threei} avoid
[11:25] {GeoArb} thanks guys
[11:26] {dino} you won't thank us when your memory goes
[11:26] {dino} :)
[11:27] {dptl} wm news or what?
[11:27] {dino} y
[11:27] {Threei} HEARING RENEWED RUMORS THAT WM WILL GET A CAPITAL INFUSION FROM WARREN BUFFETT - today's rumor is that Buffett will infuse about $3B into WM through a 9% convertible security
[11:27] {dptl} oh...ty
[11:27] {magoo} WaMu?
[11:28] {Threei} over 1.5 points on vague rumor?
[11:28] {bruce} bsc may bounce near here dino
[11:29] {magoo} RIMM may xplode..mot in yet
[11:29] {dino} hmmm bsc, might be easier to short wm
[11:30] {magoo} ii sent warren acct needs modest capital infusion
[11:30] {dino} lol
[11:31] {magoo} hey vad..have u noticed imprionvemt in my typing?
[11:31] {magoo} been taking a class
[11:31] {Threei} I did too but I probably shouldn't have informed him that I intended to disappear in thin air forever after that infusion
[11:31] {dino} just what we need, more from magoo
[11:31] {Threei} I suspect that could make him a little hesitant
[11:31] {Chaeron} "imprionvemt " - what a word to mess up on in that last post.. LOL
[11:31] {bruce} nvda possible long setup here
[11:32] {Threei} chaeron... I was getting myself off the floor about that :)
[11:32] {Threei} certain imprionvemt mags... but got more work to do still
[11:32] {dino} snmx
[11:32] {Threei} goods start though
[11:35] {bruce} out nvda - qucik scalp +.10
[11:36] {dino} gj
[11:37] {bruce} lol peanut trade dino but stop was only 3c
[11:38] {dino} it all adds up
[11:38] {bruce} yes
[11:41] {Threei} I for one never ignored those
[11:41] {bruce} any thoughts on rimmsky as retracement long vad?
[11:41] {Threei} when I see little but very clear and reliable scalp I grab it
[11:41] {bruce} looks like support about .50 with trend up now
[11:41] {Threei} no, not very clear bruce
[11:41] {bruce} k
[11:41] {Threei} can work or fail with the same odds
[11:42] {Threei} and stop is not as negligible that could grab it for the little risk alone
[11:42] {bruce} I like it long here - market not helping though
[11:45] {GeoArb} one more Q :) trade the news text vs briefing?
[11:45] {GeoArb} any tips?
[11:46] {Threei} brie4fing is not exactly news service
[11:46] {GeoArb} ok
[11:46] {GeoArb} seems TTN is 85 after realitytrader discount for equities
[11:46] {Threei} hmm?
[11:46] {Threei} that sounds very high
[11:47] {Chaeron} 45
[11:47] {Chaeron} for text only
[11:47] {GeoArb}
[11:47] {GeoArb} they seem to have realllly bumped it up
[11:48] {GeoArb} 45 is marco and fx now
[11:48] {GeoArb} macro
[11:49] {GeoArb} thats almost dowjones newswire prices
[11:52] {dino} bcs bstop to .10
[11:53] {dino} cov .09, +.41, smaller size, wider
[11:53] {Threei} not sure what gives geo, first time I see these prices
[11:54] {Threei} I have name and phone of their rep somewhere, can dig it out for you if you want to give him a call
[11:54] {ThurstonHowellTheThird} inflation?
[11:54] {ThurstonHowellTheThird} :)
[11:54] {Chaeron} Joe Pedo
[11:55] {magoo} don pepino
[11:55] {dino} don paublo
[11:55] {GeoArb} yup just spoke to him
[11:55] {bruce} out rimm +.23 - quick scalp from .17
[11:55] {dino} gj
[11:55] {Threei} what did he say?
[11:55] {GeoArb} joe.... he said "prices hae gone up" i said it would have been nice to let me know while i am on trial
[11:55] {dino} ehth
[11:55] {GeoArb} they doebled over weekend :0
[11:56] {magoo} bastards : )
[11:56] {Threei} these are "don't blink" times eh
[11:56] {GeoArb} he is going back to see "what he can do for me"
[11:56] {GeoArb} i told him for 90 bucks why not get dowjones realtime?
[11:56] {Chaeron} 212/884.8094 - Joe Pedo direct... tell him Vad sent you :)
[11:57] {GeoArb} yeah thats the guy
[11:57] {GeoArb} he knows
[11:57] {dino} vivo fast fall
[11:58] {Threei} tell him he can halve the price for you
[11:58] {GeoArb} :)
[11:58] {Threei} that would lead to your satisfaction
[11:58] {GeoArb} i told him not good practice tro keep me on trial while doubling in background
[11:58] {GeoArb} heh
[11:58] {Threei} aso who hasn't heard yet - over next weekend RT doubles in price
[11:59] {GeoArb} i am grandfathered for life !!!!!!!!!!!!!!!!!!!!!!!!!!!!!
[11:59] {Threei} actually... why bother, make it triple
[12:00] {ThurstonHowellTheThird} I would understand if the price of Vodka tripled...
[12:00] {magoo} whats RT vad??
[12:00] {GeoArb} oops
[12:00] {dino} ahhh, tequila too th3
[12:00] * Threei slaps magoo around a bit with a large trout
[12:00] {GeoArb} he said anyone on trial before this weekend will get grandfathered in at 45
[12:00] {GeoArb} rst 85
[12:00] {Threei} :)
[12:00] {GeoArb} phew.... wheat prices really affected it
[12:00] {Threei} lol
[12:00] {GeoArb} thanks vad
[12:00] {Threei} damn ethanol
[12:02] {dino} ehth l sm .90
[12:02] {bruce} stop drinking the stuff vad
[12:03] {dino} lol
[12:03] {dptl} lol
[12:03] {Threei} fine... if you all insist... back tro bathtub vodka
[12:06] {bruce} and russian moonshine
[12:06] {curtisweese} woot! back
[12:07] {bruce} was your kinda morning curits
[12:07] {curtisweese} yeah i bought 4000 shares of microsoft last night.......paid off huge....whew
[12:08] {curtisweese} 28 entry and 28.75 exit
[12:08] {curtisweese} not smart, but lucratrive
[12:08] {curtisweese} does rimm look like a short right here? i've been playing it for a bit
[12:08] {bruce} we noticed
[12:09] {curtisweese} mrkt is taking it up still looks like
[12:11] {curtisweese} s RIMM really tight stop....(i'm a newbie though!) 95.57 is what i entered at
[12:13] {Threei} hi curtis
[12:13] {curtisweese} hey!!!
[12:15] {bruce} you keep teling us you're a newbie
[12:15] {bruce} and picking off 50c in trades plus curtis
[12:15] {curtisweese} i don't want anyone to lose money on something i say.
[12:15] {bruce} we're all so sorry for you
[12:17] {bruce} vad - rimm long on .70 break w 20 stop?
[12:17] {Threei} not delighted bruce
[12:17] {dino} lay him out bruce, lol
[12:17] {bruce} k
[12:17] {bruce} suck a lemon vad
[12:18] {curtisweese} out on RIMM short -$.1
[12:18] {bruce} will cheer you up
[12:22] {magoo} i think rimm dgonna go
[12:22] {curtisweese} short RIMM 95.74 hehehhe
[12:22] {magoo} u won't be laughing
[12:28] {curtisweese} out on RIMM short +$.21
[12:28] {curtisweese} should have sold half only, but was scared :(
[12:28] {magoo} good read on it : )
[12:28] {magoo} laugh away
[12:28] {bruce} you were right vad - long din't hit one to 1 on that one
[12:28] {curtisweese} i was about to do it and then you said it too, so that was enough for me to tap the
[12:29] {curtisweese} maybe my exit was right point....looks to bounce back now with market
[12:30] {ThurstonHowellTheThird} curtis: so you are saying magoo is contrarian indicator for RIMM? :)
[12:30] {curtisweese} lol
[12:30] {curtisweese} i think we get a .20 pop hear for the teacup handle
[12:31] {curtisweese} bought 95.46
[12:34] {curtisweese} out on RIMM -$.10 again
[12:36] {curtisweese} i think my stop was too tight....sigh
[12:38] {curtisweese} or not......whew!
[12:38] {bruce} stop looking pretty nice now isn't it?
[12:38] {curtisweese} yes....very
[12:38] {curtisweese} now it is short city
[12:39] {bruce} yes - seems so
[12:39] {curtisweese} then back up again then down then up then down
[12:39] {bruce} may bounce on 95
[12:46] {curtisweese} yeah, i think market may take some profits and RIMM lose $1 with it, but i hate doing those long shorts.....way too scary
[12:46] {magoo} naz double bottom here vad?
[12:47] {Threei} breakdown is equally probable here
[12:47] {Threei} don't pish it right now
[12:47] {Threei} push
[12:48] {Threei} it's a kind of defining moment for today,
[12:48] {Threei} bear takes over again or bull stumps it out
[12:48] {dino} ehth stopped -.44
[12:48] {Threei} my personal bet would be on bear
[12:48] {judi} ............................................................................................................
[12:48] {Threei} but I don't want to get between them right now
[12:48] {magoo} waiting for u and "the pitch" as coach dino would say
[12:49] {curtisweese} s RIMM again...hehehe... 95.02
[12:51] {curtisweese} out at 95.02...just paid the $7 trade fee and bailed......chickened out!! doh
[12:51] {judi} still looking rimm? long or short?
[12:52] {curtisweese} darn! i'm such a chicken...sigh
[12:53] {curtisweese} would have been a huge play
[12:55] {Threei} this is what sent indices up just now
[12:55] {Threei} IMO... this bounce won't hold
[12:56] {curtisweese} s RIMM again 95.06
[12:56] {Threei} BSC rumors were largely discounted as unsubstantil before this news
[12:57] {curtisweese} too early...doh!!!
[12:57] {judi} just did rimm .10 long
[12:57] {Threei} sheesh... you guys are all so trigger happy :)
[12:59] {Threei} amazing timing whoever did that headline... just when market lost important support and was ready for a plunge
[13:00] {magoo} plunge control team vad
[13:00] {Threei} if that's them, gotta give it to them...
[13:01] {curtisweese} that one hurt. -$.23 on short...doh
[13:01] {dino} efut
[13:01] {Threei} curtis, wait a second before entering next one
[13:01] {Threei} let me say couple words
[13:02] {curtisweese} ok....
[13:02] {Threei} promise you won't hit entry until I am done? :)
[13:02] {curtisweese} yes
[13:02] {Threei} 'cause with you it's alway a question, you know, lol
[13:02] {curtisweese} hahaha
[13:02] {Threei} this last entry on a short side was IMO pure impulsive trade on your part
[13:02] {judi} what's lol?
[13:03] {Threei} never take the trade like this on price alone
[13:03] {curtisweese} laugh out loud
[13:03] {Threei} laughing out loud, judi
[13:03] {Threei} here is what I mean
[13:03] {Threei} some trades allow for particular very defined setup
[13:03] {Threei} in such cases we call it to the cent,
[13:03] {Threei} like:
[13:04] {Threei} .51 trigger, .129 stop
[13:04] {Threei} but then there are others,
[13:04] {Threei} they have general idea of the trade, for instance:
[13:04] {Threei} short bounce into resistance 25.50
[13:04] {Threei} on this kind you don't go just off the price .50,
[13:05] {Threei} you need action to confirm that resistance holds
[13:05] {curtisweese} ahh
[13:05] {Threei} as an example:
[13:05] {Threei} stock bounces into .50,
[13:05] {Threei} can't break it,
[13:05] {Threei} retreats to .40,
[13:05] {Threei} bounces into .50 again,
[13:05] {Threei} can't break it
[13:05] {Threei} and loses .40
[13:05] {Threei} This is where you get your short on .40 breakdown
[13:05] {judi} referring to a specific stock as example?
[13:06] {Threei} If however you try to short of the price alone
[13:06] {curtisweese} i'm too greedy and trying to get the extra .10 which is wrong
[13:06] {Threei} you run risk to short into pure buying
[13:06] {Threei} and stock will simpl,y run you over cutting through that resistance
[13:06] {Threei} no judi, describing typical scenario
[13:06] {curtisweese} how about a team short now? :)
[13:07] {Threei} have a look at RIMM right now
[13:07] {Threei} .60 closest resistance,
[13:07] {Threei} .45 closest support
[13:07] {Threei} you want a structured meaningful short - short break of support IF resistance is holding
[13:07] {Threei} then you have nicely defined stop above .60
[13:08] {Threei} and good chance for your tarde to work
[13:08] {Threei} it's up to trading gods whether it works or not of course
[13:08] {Threei} but you did your part
[13:08] {curtisweese} i shorted it at .4
[13:08] {Threei} and have a look ... you got 1:1 already
[13:09] {Threei} with that short into spike you didn't even have a criteria for a stop placement
[13:09] {curtisweese} out +$.18
[13:09] {Threei} as chart never showed any indication of the nearest resistance.
[13:09] {Threei} don't shoot from the hip, structure your trades
[13:09] {curtisweese} should have done half, but am gunshy ...which is good!
[13:09] {Threei} you have one good book in your possession
[13:10] {Threei} which describes the process of structuring the trade in such details
[13:10] {Threei} that I want to shake author's hand if/when I meet him
[13:10] {Threei} read it, follow it
[13:10] {Threei} it's not there just for show, trust me
[13:11] {judi} which book?
[13:11] {Threei} The Master Profit Plan
[13:11] {Threei} I know curtis has it
[13:11] {Threei} (I also suspect he never bothered to read more than table of content)
[13:11] {judi} author? you?
[13:11] * Threei is hiding under the nearest rock
[13:11] {Threei} yes, lol
[13:12] {dino} lol
[13:12] {curtisweese}, i've read about half of books.....went through all videos week i finish everything
[13:12] {dino} bruce efut
[13:12] {Threei} cool beans curtis
[13:12] {curtisweese} i have to take off early for dr appt today.....blech!!!
[13:13] {Threei} I hope blech is not the diagnosis
[13:13] {dino} no, beans are the problem
[13:13] {Threei} oh boy... crawling under the desk laughing
[13:19] {curtisweese} bought RIMM breaking through 95.61
[13:19] {judi} still looking at rimm?
[13:21] {curtisweese} out +.$.10
[13:21] {curtisweese} just getting back the .10 i lost earlier
[13:21] {curtisweese} now for the .20 i lost
[13:26] {curtisweese} in on RIMM from 95.82
[13:27] {curtisweese} .out on RIMM +.11
[13:27] {magoo} boy that guy can dance
[13:29] {judi} vad are we watching rimm, resistance became 96.01, now keeping going up or what?
[13:29] {bruce} you shorted efut dino?
[13:30] {Threei} I don't have any clean setup here for it
[13:30] {dino} couldn't get it
[13:31] {judi} that's what we want to understand, we see it go and want to jump in, know it's wrong
[13:31] {Threei} the reason for entry is a valid setup in terms of one's sytem, not simply the fact of the movement
[13:31] {bruce} k
[13:32] {bruce} watching wlp for long dino
[13:33] {dino} ouch
[13:34] {bruce} still a short at moment
[13:35] {dino} aet may be safer
[13:35] {dino} masi bounce in the mking
[13:36] {dino} darn patrial fill 100 at .30
[13:38] {curtisweese} RIMM looks to hve bounced off resistance....i'm in at 96.07 for the short
[13:39] {bruce} aet looks good
[13:39] {bruce} long .70
[13:39] {bruce} stop .62
[13:40] {curtisweese} out on RIMM short +.09 only
[13:41] {curtisweese} i will try and get back before close.....thanks for the lessons da man!!!!@2
[13:41] {curtisweese} should have stayed with that short...doh
[13:42] {judi} what's doh?
[13:42] {curtisweese} homer simpson
[13:43] {curtisweese} cartoon "The Simpsons"
[13:44] {dino} cracking me up
[13:54] {judi} nvda set up? earlier cup handle?
[13:55] {Threei} questionable one
[13:55] {judi} k
[13:55] {Threei} has a chance to work if NQ stages big move
[13:55] {Threei} but overall, it's a bit narrow today
[13:55] {Threei} would require a lot of help from market
[13:56] {judi} good to know
[14:00] {magoo} can someone here convert millimeters {mm} to inches for magoo??
[14:00] {Threei} how many mm?
[14:00] {magoo} 740 mm
[14:00] {bruce} rimm long at .97 if holding 96}85?
[14:01] {bruce} invalid
[14:01] {magoo} id rather play it on pullbk bruce
[14:01] {Threei} 29.134 inch
[14:01] {bruce} k
[14:01] {magoo} TY boss
[14:01] {Threei} that's an additional service by RealityTrader
[14:02] {magoo} 1 more please....802 mm
[14:02] {Threei} we will convert your metrics to those wird measurement units
[14:02] {Threei} 31.574
[14:03] {magoo} nice...ty really
[14:12] {curtisweese} i'm late! just bought miscrosoft to sit on while at the doctor....hehehhehe...29.90 entry
[14:12] {curtisweese} i mean 28.90!!!
[14:12] {Threei} you just can't stay in cash, can you?
[14:13] {curtisweese} i don't like missing the big moves :(
[14:13] {curtisweese} the up ones that is
[14:13] {curtisweese} i live in seattle...everyone owns msft but me
[14:14] {bruce} you do no curtis
[14:14] {bruce} now
[14:14] {curtisweese} at least for a little bit
[14:15] {bruce} vrsn holding at highs vad
[14:15] {dino} masi stop to .50
[14:15] {Threei} almost carbon copy of NQ
[14:16] {dino} carbo copies, blast from the past
[14:16] {dino} carbon
[14:16] {curtisweese} i pushed dr appt back so i have more time
[14:17] {Threei} I would play it only if NQ makes shrp move and VRSN follows witrh little delay for entry
[14:17] {curtisweese} run MSFT run!!!
[14:20] {dino} to .60 stingy
[14:20] {curtisweese} there is a big windstorm at my house right now and my power goes out a lot, so msft is a lot safer too. (hears Vad say "not as safe as cash" in his head)
[14:21] {dino} out masi .61, +.31
[14:21] {curtisweese} dino....nice!!!
[14:21] {dino} ty
[14:21] {dino} brb
[14:22] {curtisweese} msft breaking 29 will be a nice run, market is gonna drop though
[14:28] {Threei} RIMM wirth a try long here
[14:28] {Threei} stop under .85
[14:29] {Chaeron} in .01
[14:29] {magoo} in .06
[14:29] {dino} scor bruce
[14:30] {Threei} no worky
[14:35] {curtisweese} come on Bill Gates, get your company moving!!!!
[14:35] {Threei} {Bill Gates} have we met?
[14:36] {Threei} great... RIMM shakeout
[14:36] {curtisweese} hahaha...i've been to his house actually.....didn't meet him though...i sold his people that run his house a copier. :)
[14:36] {Threei} pullback is buyable RIMM
[14:36] {Threei} as close to 97 as possible
[14:37] {magoo} mkt moving it bvad
[14:37] {magoo} aapl too
[14:37] {curtisweese} msft too...woohoo!!!!!!
[14:37] {Threei} this is string move, likely to get follow-through
[14:37] {Threei} strong
[14:38] {curtisweese} RIMM is really moving though...nice
[14:38] {Threei} just one more pullback please for us get entry
[14:38] {Threei} does what I was aimed at, just with one pullback too many
[14:38] {magoo} want me to take it long here..will certainly pullbk then??
[14:39] {curtisweese} at the day high too....will run if it can
[14:39] {Threei} it should even without your self-sacrifice :)
[14:39] {curtisweese} but msft drops...grrrr
[14:39] {curtisweese} rimm is on the move!
[14:39] {judi} rimm short/long on pullback, when?
[14:40] {curtisweese} nasd hits high for day too
[14:40] {Threei} no way to short it
[14:40] {Chaeron} *sigh*
[14:40] {judi} too late to get in
[14:40] {curtisweese} it might run up $3 or someting then your short would hurt bd
[14:40] {curtisweese} bd = bad
[14:42] {curtisweese} aapl running too
[14:42] {curtisweese} market running big
[14:42] {dino} wlp lod
[14:43] {curtisweese} all 3 at high of day!! dow nasd s&p
[14:44] {curtisweese} come on msft break 29 darnit! :(
[14:45] {curtisweese} slaps the msft around like Vad slaps curtisweese around
[14:45] {dino} lol
[14:45] {curtisweese} cramer is saying the rally will be a multiple day one based on 20 years of research he did today....only 1 time not true he is saying...thats bullish
[14:46] {curtisweese} market likes it
[14:48] {judi} no pullback on rimm? just get in long
[14:50] {curtisweese} jeez msft just will not break 29
[14:50] {magoo} judsi..rimm copuild kill fast
[14:50] {magoo} careful
[14:50] {bruce} out vrsn +.24 first half
[14:51] {curtisweese} aapl looks to slide back down
[14:52] {dino} remember, sell the rips
[15:07] {Chaeron} 1
[15:09] {magoo} vad, rimm long into bell herre?
[15:11] {magoo} MAGOO kicks vad to wake up
[15:11] {magoo} as he sleeps thru largest point gainer of 08
[15:12] {Threei} relax mags
[15:12] {Threei} I don't have a read on it at the moment
[15:12] {Threei} and when I do, trust me, I am not going to keep it secret
[15:12] {magoo} i can't..curtis came over to my office...hes pusdhing me to trade
[15:12] {Threei} fight him off
[15:13] {Threei} I'll mail you 2x4
[15:13] {Threei} look at NQ and RIMM last 10-15 min or so
[15:13] {Threei} see something unusual?
[15:13] {magoo} no
[15:13] {Threei} look again:
[15:13] {Threei} RIMM made new high
[15:13] {Threei} while NQ stayed within range
[15:14] {Chaeron} so far, NQ has a lower high
[15:14] {curtisweese} back from dr! what i miss?
[15:14] {Threei} it means that we have no leading indicator for RIMM
[15:16] {curtisweese} time for me to cheer microsoft on again as it didn't hit my tight stop while i was msft run!!!!
[15:16] {curtisweese} i'm bringing good luck...get ready fro rally time ...go market!
[15:16] {dino} cvco sm s .95, jumpy
[15:17] {bruce} like your enthusiasm curtis
[15:17] {curtisweese} i love hearing everyone saying that this up day is nothing and we are surely going down....lookis more and more like capitulation..
[15:18] {curtisweese} (crosses fingers)
[15:18] {Threei} maybe it's nothing, maybe it's something... who cares, the move in front of us and we play it
[15:18] {curtisweese} msft breaks 29!!! don't look back buddy!! run!!!!
[15:18] {Threei} I love those crystal-ball-endowed gurus
[15:18] {dino} trade in the now
[15:19] {magoo} bear needs to trick everyone into putting their cash back in mkt...maybe up few days...then POW..bear trap crushed
[15:19] {curtisweese} yessssssssssss
[15:20] {Threei} .66 RIMM long
[15:20] {Threei} watching pullback for stop placement
[15:20] {cosmo} scss
[15:21] {Threei} if loses .40 would rather go for pullback entry
[15:21] {curtisweese} runnnnnnnnn
[15:22] {magoo} don't push because of nme vad
[15:22] {Threei} why not? I need someone to blame
[15:23] {magoo} true dat
[15:24] {Chaeron} in
[15:24] {Chaeron} .66
[15:24] {magoo} yup
[15:24] {curtisweese} chaeron...nice ride with threei!!!
[15:24] {bruce} out vrsn in full
[15:25] {bruce} +.57 second half
[15:25] {Chaeron} {the whole room} noooo... no pressure Vad... just GIVE US A TRADE DAMN IT!!!!!!!
[15:25] {Chaeron} geeeesh
[15:25] {Chaeron} :)
[15:25] {Chaeron} and make it work!!!!!!!!!!
[15:26] {Threei} good one bruce
[15:26] {Threei} bruce will call them
[15:26] {Threei} me go sleep
[15:26] {Chaeron} you can't.. you're in RIMM
[15:26] {Threei} so what
[15:26] {Threei} me go sleep
[15:27] {dptl} good one Bruce......scaleped ones too
[15:27] {Threei} me wake up
[15:27] {Threei} me take profit
[15:27] {Chaeron} or just go to the Dr.... LOL
[15:27] {Chaeron} I'm too chicken to ever do that
[15:27] {dptl} Thurston.....wake up...
[15:28] {curtisweese} i'm gonna hold msft over night again if the market holds up...woke up to $2800 profit on
[15:28] {bruce} thanx dp
[15:28] {bruce} lucky
[15:28] {curtisweese} totally lucky
[15:28] {dino} gj bruce
[15:28] {bruce} thanx dino
[15:28] {curtisweese} tight stop though
[15:28] {bruce} thanx vad
[15:29] {dino} what did you do bruce, get an easy button?
[15:29] {bruce} just let it play out dino
[15:29] {dino} :)
[15:29] {magoo} magoo stix rocket in rimm butt..likes fuse
[15:29] {magoo} OUT .87
[15:30] {curtisweese} nice magoo!!!
[15:30] {bruce} stock did what I thought -
[15:30] {magoo} TY
[15:30] {bruce} wtg mags
[15:30] {Threei} out .93
[15:30] {magoo} u mean the rocket??
[15:31] {Threei} everyone's happy with this try on RIMM?
[15:31] {Threei} or do I have to keep that 2x4 handy still?
[15:32] {bruce} for rimm or the traders vad?
[15:32] {magoo} i want anotherrrrrrrrrrr
[15:32] * Chaeron hiding
[15:32] {magoo} .93 great exit btw
[15:32] {GeoArb} i got laser running .... too giddy
[15:32] {Threei} for SOME traders bruce {G}
[15:32] {Threei} ok geo... now be careful OK?
[15:33] {Threei} this is a cannon... easy to shoot your foot off
[15:33] {Chaeron} start small shares geo till you get used to it... it's fast
[15:33] {GeoArb} 100 is my limit
[15:33] {Chaeron} k
[15:33] {curtisweese} out on msft for confusing me....+.19
[15:34] {bruce} you confused curtis?
[15:34] {curtisweese} lol
[15:34] {dptl} 27 min to EOD
[15:34] {bruce} unbelievable
[15:35] {GeoArb} vad do you have updated screen setups i could use?
[15:35] {bruce} I'm done for day
[15:35] {GeoArb} for laser?
[15:35] {bruce} dogs been waiting for their wqalk
[15:35] {magoo} u no longer a newbie now curtis.WE ALL CONFUSED her
[15:35] {magoo} her=here
[15:35] {dptl} i think me too Bruce
[15:35] {GeoArb} layouts i mean
[15:38] {curtisweese} lol..bought back in on msft at where i exited 29.01
[15:39] {curtisweese} surge into close...come on market...we love you
[15:41] {dino} drop imo
[15:45] {Threei} Geo, how may screens?
[15:45] {dino} scor s .90
[15:45] {GeoArb} i have 4
[15:45] {GeoArb} and a laptop :D
[15:45] {Threei} I can mail you mine then
[15:46] {GeoArb} perfect.... thanks
[15:46] {curtisweese} I just have a commodore64 and one screen
[15:46] {Threei} as soon as I can let 2x4 go
[15:46] {GeoArb} i just have an atm screen :)
[15:46] {aimm} can you mail it to me too 3i
[15:47] {Threei} sure, dcc me your e-mail please so I don't dig it out
[15:47] {GeoArb}
[15:47] {dptl} vrsn just can't stop
[15:47] {dino} i'm using a typewriter
[15:48] {curtisweese} i'm buying worldcom
[15:48] {Threei} sent
[15:49] {curtisweese} aapl popping
[15:49] {magoo} vad, don't forget the sound when trade executes
[15:50] {magoo} gun click
[15:50] {GeoArb} got the email
[15:50] {GeoArb} thanks vad
[15:50] {curtisweese} market wants to go up soooo bad.....come on rally week....we miss you
[15:50] {curtisweese} new high for nasd now
[15:50] {GeoArb} so vad... does the layout come with your balance :D
[15:51] {curtisweese} new high for nasd and sp500
[15:51] {curtisweese} oh man, close at the high msft...please
[15:52] {Threei} yes geo but it's reflected as what you owe me
[15:52] {magoo} man RIMM was animal off 95 area
[15:52] {GeoArb} heheh
[15:52] {Threei} (you asked for it)
[15:52] {magoo} asked for it/// ok
[15:53] * magoo slaps GeoArb around a bit with a large trout
[15:53] * magoo slaps curtisweese around a bit with a large trout
[15:53] {GeoArb} sushii!!!!!
[15:53] {curtisweese} bows
[15:53] * magoo slaps judi around a bit with a large trout
[15:53] {Threei} you guys are crazy
[15:53] {dino} cov cvco .55, +.40
[15:53] {curtisweese} closing at the i hold...... :(
[15:53] {Threei} hi pit, finally
[15:54] {Threei} look private message please
[15:54] {dino} scor bstop to .96
[15:54] {aimm} vad i can't open the attachment
[15:54] {Threei} you don't need to open it
[15:54] {dino} stopped scor -.07
[15:54] {curtisweese} i'm holding msft over night.....just broke through like 6 week resistance...technicals are there, vad!
[15:55] {Threei} save it to your harddrive so you know ehere it is
[15:55] {Threei} then click File - Local Laout - Open
[15:55] {Threei} and brows to where you saved it
[15:55] {Threei} doublclick it
[15:55] {Threei} and Laser will open this layout
[15:55] {magoo} VAD..the click..i cant trade without it.seriously
[15:56] {GeoArb} hmmmm
[15:56] {GeoArb} now i want it
[15:56] {dino} calling it a day, thx all, some good ideas
[15:56] {Threei} take care dino :)
[15:56] {magoo} done..great day TY vad,..everyuone..twice my goal
[15:56] {curtisweese} dino...see ya... :)
[15:56] {Threei} twice???
[15:56] {curtisweese} msft is still running up....
[15:56] * Threei doubles magoo's payment for the room
[15:57] {GeoArb} pennies for a newbie magoo?
[15:57] {judi} closing for the day, check in tomorrow!
[15:57] {Threei} OK guys
[15:57] {Threei} thank you all
[15:57] {Threei} have a great evening, I'll see you tomorrow
[15:57] {dptl} and yet another good day.....Ty Vad and all...have a good evening:)
[15:57] {GeoArb} thanks vad... and thanks all for the tips
[15:57] {Threei} wait dp!
[15:58] {curtisweese} i will play your tips tomorrow vad, i promise :)
[15:58] * Threei slaps dptl around a bit with a large trout
[15:58] {magoo} wait
[15:58] {Threei} no go
[15:58] * magoo slaps dptl around a bit with a large trout
[15:58] {dptl} i knew that lol
[15:58] {curtisweese} jeez, i made almost almost $5k today!!!!
[15:59] {curtisweese} that is about 10 times my goal
[15:59] {magoo} NICE
[15:59] {curtisweese} well i haven't sold yet, so only $
[15:59] {curtisweese} msft is running!!!
[16:00] {curtisweese} all 3 close at the high of the day
[16:01] {Threei} say what?
[16:01] * Threei multiplies curtis's payment by 10
[16:01] {curtisweese} dow nasd sp500 all pretty much at high of day
[16:09] {dino} twti
[16:10] {curtisweese} wow...that popped
[16:10] {dino} hpv trial success
[16:10] {curtisweese} jeez that could be huge
[16:11] {curtisweese} isn't it like 1 in 10 have hpv is some form?
[16:11] {dino} dk
[16:11] {dino} ok, gotta hop, take care all
[16:12] {curtisweese} later
[16:36] {curtisweese} man i love trading

Monday, March 10, 2008

Mar 10 2008

Session Time: Mon Mar 10 00:00:00 2008

[08:03] {Threei} HITK REPORTS Q3 -$0.14 V 0.01E, R$15.1M V 20.4ME
[08:55] {magoo} morning
[08:56] {Threei} mags :)
[08:57] {Threei} [SEED] Origen Agritech Ltd. Announces nationwide corn seed approvals and additional provincial approval
[08:57] {Threei} - Ministry of Agriculture has approved two of the Company's new corn hybrid varieties to its product line for nationwide distribution during the next sales season.
- Company has entered into a content license agreement with Google, in which A.D.A.M. content will be integrated into a feature of Google Health that allows consumers to get information from A.D.A.M. on selected diseases and medical conditions.
[08:58] {Threei} - As recently announced, Google Health is currently in a pilot program with the Cleveland Clinic and is not yet publicly available.
[09:01] {dptl} good morning all
[09:01] {Threei} dp :)
[09:04] {dino} gm all
[09:04] {Threei} dino!
[09:04] {Threei} wqelcome back
[09:05] {Threei} how was the vacation?
[09:05] {dino} ty, great time
[09:06] {Threei} I take it, no snow where you were
[09:06] {Threei} which is much more than the rest of continent can say {G}
[09:07] {dino} :)
[09:07] {Threei} sure, as usual
[09:07] {dino} opps, caps lock
[09:08] {cosmo} actually, the world is just beginning......again
[09:09] {Threei} I successfully managed to et about 5 people to hate me passionately... they called to cplain about huge snowstornm, and I (kindly as usual) pondered out loud whether to mow my grass today or wait till next week
[09:09] {Threei} best way to get "I hate you", works every time
[09:09] {dino} it's freezing here, so knock it off
[09:09] {Threei} there
[09:09] {Threei} :)
[09:12] {cosmo} FDA likes SPPI drug
[09:18] {Threei} worth watching for possible momo, 3 is important resistance for it
[09:18] {cosmo} LVLT: Level 3 announces that President and COO Kevin O'Hara is resigning; Sunit Patel, co's current CFO, will continue in the role of 8:04am)
[09:19] {cosmo} ...trying to get up off the floor
[09:26] {cosmo} 2.05 so far...
[09:27] {lumdus} gm all. still can't get in automatically. no biggie
[09:27] {Threei} hi lum
[09:27] {bruce} it is for me lum
[09:28] {Threei} we had somewhat indecendtly good week last week... as Mondays often do, this morning looks fairly uncertain
[09:28] {Threei} I am going to take it slowly
[09:28] {Threei} see what transpires
[09:28] {bruce} takes about 76 tries on average for me to correctly type a sequence of numbers like thaqt
[09:29] {Threei} why type... copy/paste works
[09:29] {bruce} dif computers for chat and email vadster
[09:29] {Threei} oh
[09:29] {cosmo} its not ethicaplus...
[09:29] {Threei} are they netwroked?
[09:30] {bruce} no - haven't bothered
[09:30] {Threei} there are rumors of emergency rate cut
[09:30] {bruce} not really a big deal anyway- just teasing
[09:30] {bruce} good to have you back dino
[09:30] {Threei} can cause abnormal volatility when they confirm or turn out bs
[09:30] {bruce} you know the wstory - good trading week during yoru absence
[09:31] {Threei} SPPI jumped out of the gate
[09:31] {Threei} not chasing
[09:31] {bruce} you goona need a month to "dry out" from holidays dino?
[09:31] {Threei} pullback closer to 3 or consolidation
[09:33] {ThurstonHowellTheThird} gm all
[09:33] {bruce} initial market move looks to be to downside vad
[09:34] {Threei} thtt :)
[09:35] {esemde} morning...somebody still does not like me.....cannot log on automatically still
[09:35] {Threei} ese :)
[09:35] {magoo} me either, or dino
[09:35] {Threei} SPPI
[09:35] {Threei} worth a try close to 3
[09:36] {dino} ty bruce
[09:36] {bruce} k with stop to .90 or so?
[09:36] {Threei} RIMM short with stop above .30
[09:36] {Threei} aww
[09:36] {Threei} late
[09:36] {Threei} yes bruce
[09:37] {Threei} watching this bounce RIMM
[09:38] {Threei} want it closer to resiatnce
[09:38] {Threei} and watch NQ, don't shoet into buying
[09:38] {bruce} me too - not taking it w .40 stop
[09:38] {Threei} no way
[09:38] {Threei} we know how violent bounces can be
[09:39] {Threei} save clean trade or let it go
[09:39] {Threei} save = safe
[09:39] {Threei} ok, both are bouncing
[09:39] {Threei} how about tat for violent?
[09:40] {Threei} no entry yet
[09:40] {Threei} market likely to jjump once more
[09:40] {Threei} in fact long for a scalp here is better idea ta the moment
[09:40] {Threei} with stop under 97
[09:41] {Threei} had to be fast, no chasing
[09:41] {magoo} in OUT
[09:41] {Threei} got .16 entry while typed alert
[09:41] {magoo} TY vad...29 to .75
[09:41] {Threei} :)
[09:41] {magoo} so fast
[09:41] {Threei} .16 - .62 here
[09:42] {Threei} now, try to do this trade AND type in the room - you can be a professional street juggler
[09:42] {magoo} really..i appreciate what u doi
[09:42] {bruce} aapl breaking long
[09:42] {Threei} ty
[09:42] {bruce} would need to consolidate a bit
[09:43] {dino} aro s .72, stop .02
[09:44] {magoo} any go for SPPI
[09:44] {Threei} yes
[09:45] {lumdus} that's a damm small run on SPPI for FDA approval
[09:45] {Threei} 3.02 with 2.94 stop
[09:45] {Threei} out
[09:46] {bruce} sppi starting to look like short
[09:47] {Threei} watching LLTC
[09:47] {Threei} not sure of setup yet
[09:47] {Threei} .37 Frid high
[09:48] {Threei} and topped out at .38 at 03/05
[09:48] {bruce} vad - you like rimm long on .34 break?
[09:49] {Threei} if holding 98
[09:49] {Threei} but then againb,
[09:49] {Threei} if NQ resumes upward from here
[09:49] {Threei} I'd just get it aggressively
[09:50] {bruce} long setup coming in lltc on 31 break
[09:50] {bruce} .31
[09:51] {Threei} yes, if holding above .20
[09:51] {Threei} from daily chart point of view that would be agressive entry
[09:51] {bruce} lloks like best prospect for moment
[09:51] {Threei} I agree
[09:52] {Threei} has salmonish look to it
[09:53] {Threei} trying
[09:53] {Threei} market help would be nice
[09:53] {bruce} l lltc at .31
[09:53] {magoo} in LLTC
[09:53] {magoo} .31
[09:53] {Threei} should catapult it over those highs
[09:54] {Threei} stop .19 for me
[09:54] {bruce} heres hoping -
[09:54] {Threei} and potential wise, well
[09:54] {magoo} waiting .47
[09:54] {lumdus} good entry magoo
[09:54] {Threei} unless we get market cruel dump, 30 is not out of question
[09:54] {dino} cov aro .54, +.20
[09:55] {Threei} that would take time of course which is not our friend in this market environment
[09:55] {Threei} so, either get your scalp on a good spike
[09:55] {Threei} or if you inclined to try for more
[09:55] {Threei} protect profit by partialling
[09:56] {Threei} .46 nearest resistance from 02/27
[09:56] {Threei} after that, nothing till 30
[09:57] {bruce} market not helping here
[09:57] {Threei} does it ever
[09:57] {Threei} lol
[09:57] {Threei} LLTC is holding like champ
[09:58] {Threei} third try
[09:58] {Threei} new high
[09:58] {Threei} broke last resistance
[09:58] {Threei} 1:2 here
[09:58] {Threei} forst partial
[09:58] {dptl} out half +.20 ty
[09:58] {bruce} half ut +.24
[09:58] {lumdus} out 1/2 also
[09:59] {magoo} out .54 TY BOSS
[09:59] {bruce} out all
[09:59] {magoo} yes
[10:00] {magoo} may reload
[10:00] {Threei} wtg guys
[10:00] {bruce} nice um vadster
[10:00] {ThurstonHowellTheThird} out .61 ty
[10:00] {Threei} JAN WHOLESALE INVENTORIES: 0.8% V 0.5%E
[10:00] {Threei} out 1/4 more .70
[10:00] {bruce} you're all lucky - my nasty habit of jinxing plays didn't kick in
[10:00] {Threei} lol
[10:00] {Threei} we overcame it bruce
[10:01] {bruce} hope so vad
[10:01] {Threei} last part stop trailed to .39
[10:01] {bruce} went through a few streak w more thatn 10 consecutive losses
[10:01] {Threei} want exit closer to 30
[10:01] {bruce} would think we'll see a pullback in it near here
[10:01] {Threei} takes a fighter to keep going bruce
[10:02] {GeoArb} gm all
[10:02] {Threei} prairie guys are tough
[10:02] {Threei} geo :)
[10:02] {Threei} ok LLTC
[10:02] {Threei} last jump
[10:03] {Threei} stop to .55
[10:03] {bruce} not tough - just frozen vad
[10:03] {Threei} lol
[10:03] {Threei} that'll do it
[10:03] {bruce} that was one strong stock
[10:03] {bruce} exit now looks pathetic
[10:03] {lumdus} out rest .79 thanks vad
[10:03] {Threei} lum :)
[10:03] {lumdus} what a way to start off the week.
[10:04] {Threei} let's finish the day on this note?
[10:04] {magoo} nice exit lum
[10:04] {Threei} just imagine how irritated Chaeron would be... he comes in, we all leave saying "we got our trade of the day"
[10:04] {lumdus} yeah, let's get it done. will be too funny
[10:05] * Threei is so looking forward to the moment of chaeron connection
[10:06] {Threei} out balance LLTC
[10:06] {magoo} vad, wheres a good bounce reentry on LLTC?
[10:07] {dino} gj lum
[10:07] {dptl} out too .60 ty
[10:07] {Threei} dp :)
[10:07] {bruce} was jut thinking .40 mags
[10:07] {bruce} vad?
[10:07] {Threei} closer to .40 I would get interested again, mags
[10:08] {Threei} bruce :)
[10:08] {magoo} yesah, cause it fell w/naz is ally
[10:08] {magoo} naz resumes maybe
[10:09] {Threei} don't push guys
[10:09] {Threei} such easy trades are rarity in this market
[10:09] {Threei} don't let it fool you into complacency
[10:10] {bruce} k - loved that trade vad - spead was naoorw and risk easy to cntrol with good pushes
[10:10] {magoo} right boss
[10:10] {magoo} mother mkt wants her $$ back
[10:12] {Threei} bounces off .40
[10:12] {Threei} if you grabbed it, keep ridiculously tight stop at .30
[10:12] {magoo} i did but .49
[10:12] {Threei} and be ready to take your scalp and not tempt trading gods too much
[10:13] {bruce} not I - wanted a green candle before entering
[10:13] {bruce} was thinking .49 break with .40 stop
[10:13] {bruce} but too late now
[10:14] {Threei} PYX short idea
[10:14] {Threei} PAYX
[10:15] {Threei} nearest resiatance is .35
[10:15] {bruce} therel -.47 stop .40
[10:15] {Threei} chaeron... replay working for ya?
[10:16] {Threei} scroll up
[10:16] * magoo slaps Chaeron around a bit with a large trout
[10:16] {dptl} lo Vad
[10:16] {dptl} lol
[10:16] {Threei} me ever so kind
[10:16] {dptl} yes
[10:16] {Threei} in PAYX
[10:16] {magoo} out stopped LLTC .40
[10:17] {Threei} .36 stop
[10:17] {Chaeron} yeah? well, the best trades of the day are only about to happen :)
[10:17] {Chaeron} GM all
[10:17] {Threei} hi :)
[10:18] {lumdus} chareon, lltc did well - we all thought about you.
[10:19] {Chaeron} thanks lum :) Stick around... more trades like that to come... unless you're rich enough already :)
[10:19] {dino} ahg s .21 stop .51
[10:20] {Threei} didn't take long, lol... 7 cents stop PAYX
[10:25] {Chaeron} .
[10:27] {magoo} rimm bouncer maybe w/mkt??
[10:27] {magoo} not oin...watching
[10:27] {dino} fwlt l .90, sm, stop lod
[10:27] {bruce} mon looks like longretracement - risky
[10:29] {magoo} now THATS why RIMM is nasty
[10:32] {lumdus} short rimm .41 stop .50
[10:32] {magoo} careful IMHO
[10:32] {magoo} naz looks up
[10:33] {lumdus} stop b/e
[10:33] {lumdus} magoo not happy with my trade
[10:34] {Threei} NEM long half lot, stop under .40
[10:34] {Threei} right here
[10:35] {dino} out fwlt .35, +.45
[10:35] {magoo} in, where u at?
[10:35] {magoo} .60
[10:35] {lumdus} magood my rimm stop is a hard one. so i just leave it.
[10:35] {bruce} hafta head out
[10:35] {bruce} good trading all
[10:36] {magoo} WAIUTTTTTTTTT
[10:36] {Threei} feel free to take scalp NEM
[10:36] {Threei} 25 cents
[10:36] {Threei} nice and easy
[10:37] {lumdus} i going to hold nem longer
[10:37] {Threei} me no responsible
[10:37] {dino} idxx blood
[10:37] {lumdus} ok boss i understand that
[10:41] {dino} ahg stopped .41 -.19
[10:44] {magoo} out NEM here .87 TY vad
[10:44] {Threei} welcome sir
[10:44] {magoo} i have apptmt, be back 45 min
[10:44] {magoo} NICE start
[10:44] {lumdus} magoo, after .73 no need to thank vad. he not responsible.
[10:45] {magoo} HE HE
[10:45] {lumdus} soon i post sold nem 51 + 2.50 and NO thank you vad.
[10:48] {Threei} lol lum
[10:48] {Threei} I'll survive that
[10:48] {Threei} I acepted life as generally thankless endeavour
[10:49] {lumdus} common Nem make vad mad. go to 51 at least !
[10:49] {Threei} me be no mad
[10:50] {lumdus} ok, sold 49.99
[10:50] {lumdus} + . who the heck knows
[10:50] {Threei} wtg
[10:50] {lumdus} no thank you vad from .73 till .99 before that thank you.
[10:51] {Threei} what was your entry?
[10:51] {lumdus} .64
[10:51] {Threei} wow... much higher than I envisioned
[10:52] {Threei} it was .49 - .50 at the time of alert
[10:53] {lumdus} by the time i woke up .. you know,
[10:54] {Threei} hehe
[10:54] {Threei} it's just that such entry greatly diminished my thank you part
[10:54] {Threei} and distrotred ratio if favor of no thank you part
[10:54] {lumdus} oh ok. i am basically happy with the morning.
[10:55] {lumdus} easy money and traded 2 x lot - so ready to quit soon.
[11:04] {esemde} L VMED .70 1/2
[11:08] {Threei} looking to short RIMM
[11:08] {Threei} .50 resistance
[11:09] {Threei} in
[11:09] {Threei} .51 stop
[11:10] {Chaeron} in .37
[11:11] {Threei} no worky
[11:11] {Chaeron} stopped -0.15
[11:13] {Threei} shakeout...
[11:14] {Threei} ugh
[11:16] {Chaeron} *sigh* it's cause I got in boss
[11:18] {Threei} right idea but overtightened stop
[11:18] {dino} lncr s .77, stop .03
[11:20] {GeoArb} 03 or 83?
[11:20] {GeoArb} (trying to learn)
[11:21] {Threei} almost buck RIMM
[11:21] {Chaeron} } {
[11:23] {dino} geoarb,asking me?
[11:23] {GeoArb} yes
[11:23] {dino} .03, s=short
[11:23] {GeoArb} i was asking about stop
[11:24] {GeoArb} .03 or .83
[11:24] {GeoArb} as i didnt see .03 prev res
[11:24] {dino} .03 is stop, i'm short from .77
[11:24] {GeoArb} ok
[11:24] {GeoArb} thanks
[11:25] {dino} np=no problem
[11:26] {dino} now, we need it to die
[11:26] {Threei} 122 break short AAPl, if stays under .20
[11:29] {Threei} 1:1
[11:29] {esemde} stopped VMED .59
[11:29] {esemde} didn't want to keep it if it broke .60 support
[11:30] {esemde} talk about yer basic Blahhhhh market
[11:31] {Chaeron} took .23 from mkt on AAPL ... thanks Vad
[11:32] {Threei} welcome
[11:32] {esemde} that would have been the better trade for sure.....
[11:32] {Threei} 1:2 almost, out in full
[11:35] {dino} ot: you guys want to laugh?
[11:35] {Chaeron} always
[11:36] {dino} just received an email from realtor on foreclosure i bid....they asked $65k on 1200 sq ft ranch, on 1 acre, I bid $35k, they considered it for two weeks and finally said no. in the meantime another one they wanted $120k, I bid $70k, they took it at $80 (1800 sq ft 2 story) a steal
[11:37] {dino} so got one of two
[11:37] {GeoArb} what neighbourhood/state?
[11:38] {dino} pennsylvania, great, lake neighborhood. it should go for $180k after some minor repairs
[11:38] {GeoArb} nice
[11:39] {dino} the $35k bid cracked me up tho, had fun throwing that out there, a car costs more
[11:40] {Threei} in trading it calls stink bids :)
[11:41] {dino} ahhh, but they considered it, sometimes they try to wait you out, don't doubt in 30 days they contact me
[11:52] {Threei} EARING WEAKNESS IN FINANCIAL STOCKS BEING PARTIALLY ATTRIBUTED TO RUMORS ABOUT CREDIT RELATED PROBLEMS AT BEAR STEARNS- Reminder earlier Moody's downgraded some Bear Stearns Alt-A deals, cutting 163 tranches of 15 transactions
[11:52] {dino} lncr, downgrades to sell, market drops, it goes up, kindda sucks
[11:53] {Threei} AAPL long 112 break
[11:53] {Threei} stop under .80
[11:53] {Threei} 122 that was
[11:54] {Chaeron} thx
[11:54] {Threei} invalidated anyway
[11:58] {dino} l idxx .83, stop .53
[11:58] {bruce} rimm selling off to friday low vad - not sure where any entry would be
[11:59] {bruce} maybe a bounce first?
[11:59] {Threei} not sure
[12:00] {bruce} l 94.80 stop 94.60
[12:01] {bruce} out +.22 quick one to one
[12:01] {Threei} good feel
[12:01] {bruce} just luck vad
[12:01] {Threei} sure
[12:02] {bruce} lookinglike scalp was way to go
[12:02] {Threei} certainly
[12:02] {Threei} rumors flying around
[12:02] {bruce} I like it sho0rt now
[12:02] {Threei} market nervous
[12:03] {magoo} bacxk
[12:03] * bruce slaps magoo around a bit with a large trout
[12:04] {magoo} u guys make some cake without magoo?
[12:04] {Threei} bruce does
[12:04] {dino} no
[12:04] {Threei} and chaeron
[12:04] {dino} bruce yes
[12:05] {Threei} one hungry bear we have
[12:06] {bruce} probably russian - the bear that is
[12:06] {dino} bsc -8
[12:07] {Threei} watching DBA for long scalp
[12:07] {Threei} either pullback into 39.80
[12:07] {Threei} or 40 break
[12:07] {Threei} pullback is my preference of course
[12:09] {Threei} stop .89 if went for break
[12:11] {Threei} re BSC
[12:12] {Threei} stop to .95 DBA
[12:12] {Threei} 1:1
[12:14] {Threei} if you all are asleep, what am I doing here?
[12:14] {GeoArb} heh
[12:14] {GeoArb} (still waiting for laser activation)
[12:14] {magoo} HEY
[12:14] {magoo} i just got back and want some
[12:14] {magoo} i just missed that
[12:14] {Threei} argh
[12:14] {Threei} easy 130 bucks
[12:15] {Threei} no single downtick from trigger
[12:15] {magoo} rub it in sam {george to saqm waynewrite in Its a wonerfull life}
[12:16] {GeoArb} do you trail your stops vad?
[12:16] {Threei} not on scalps as a rule
[12:16] {GeoArb} ok
[12:16] {Threei} on daytrades, sure
[12:17] {GeoArb} id rather scalp first as i can only trade first half
[12:17] {dino} idxx stop to .07
[12:18] {bruce} vad - what you think of nvda long on 19 brak w 10 c stop?
[12:18] {Threei} of course
[12:19] {dino} wow, i go away, vad gets polite
[12:19] {Threei} do I?
[12:19] {Threei} hmmm
[12:19] {Threei} something's wrong
[12:19] {Threei} I'll work on it dino, I promise
[12:19] {dino} ty
[12:19] {Threei} don't want to send wrong message
[12:20] {dino} and magoo brings me a big mac, chaos all about
[12:20] {dino} idxx stop to .13
[12:22] {esemde} Oh sure.....VMED.....
[12:22] {tomg} ty vad, 3 out of 4, good day, see y'all tomorrow
[12:22] {Threei} beautiful tom
[12:22] {Threei} wtg
[12:22] {tomg} ty
[12:22] {dino} nice
[12:22] {Threei} and no, I am not calling you beautiful
[12:22] {tomg} :))
[12:23] * Chaeron slaps Threei around a bit with a large trout
[12:23] {Threei} nor you chaeron
[12:23] * Threei is hiding under the nearest rock
[12:23] {Chaeron} awwwwwww
[12:23] * magoo slaps Threei around a bit with a large trout
[12:23] {Threei} sheesh
[12:23] {magoo} my rock
[12:23] {Threei} what's with slapfest
[12:23] {Threei} ahh
[12:23] {magoo} find your own
[12:23] {Threei} sorry
[12:24] {Threei} I thought 6 pack would serve as a pass
[12:24] {Threei} apparently I'll have to go drink it with dp
[12:24] {dptl} :)
[12:24] {Threei} he is wifeless anyway for while
[12:25] {dptl} yep
[12:25] {Threei} gotta soften his suffering by beer
[12:25] {dptl} good idea
[12:25] {dino} out idxx .23, +.40
[12:26] {magoo} excuse me..get out..BUT..leave the beer
[12:28] {bruce} nice one dino
[12:29] {dino} ty bruce
[12:30] {magoo} aapl vad? bouncer/
[12:33] {Threei} not sure mags
[12:33] {Threei} can turn out a bear flag just as well
[12:33] {magoo} yeah
[12:33] {Threei} I am all for 50/50 trade but under ne condition only
[12:33] {Threei} one
[12:34] {Threei} entry right at support/resistance, so stop is ridiculously small
[12:34] {Threei} then it's just a risk based setup
[12:34] {Threei} kind of : to the heck with 2-5 cents stop, with such small risk I can go for coin toss
[12:35] {Threei} if we have usual size of a stop, I want trade to be compelling
[12:35] {Threei} oh boy TMA
[12:36] {Threei} sic transit gloria mundi
[12:36] {bruce} et tu brute?
[12:36] {bruce} thats the only latin I know
[12:36] {Threei} same language anyway, lol
[12:37] {bruce} or weni widi wici
[12:37] {bruce} we came we saw we traded
[12:37] {Threei} in vino veritas?
[12:37] {bruce} thats an exagerated translation
[12:38] {bruce} lol
[12:38] {bruce} good one vadster
[12:38] {Threei} or in magoo caes, in beer veritas
[12:38] {bruce} that ones in wine we trust
[12:40] {Threei} bidding TMA at .0001
[12:40] {dino} or as in mexico, cervesa
[12:40] {Threei} 1 million shares
[12:40] {Threei} if get filled, will scalp .0002
[12:40] {bruce} lol - pay in peso to reduce risk
[12:41] {GeoArb} (looking for the red scalp button)
[12:41] {Threei} I have some mongol tougricks
[12:51] {bruce} cool
[12:51] {bruce} that opens the world to a whole new finacial term
[12:52] {bruce} will that be cash or tougricks?
[12:52] {Threei} lol
[12:52] {bruce} in canada of course we mostly just use beaver pelts
[12:54] {cosmo} those are scalps, ye know...
[12:54] {bruce} vad - thoughts on rimm short here?
[12:54] {Chaeron} oi
[12:54] {dptl} cprt?
[12:54] {Threei} doesn't feel right bruce
[12:55] {bruce} k
[12:55] {bruce} staying on sidelines
[12:55] {Threei} BSC
[12:57] {dino} idxx l .79
[12:57] {Chaeron} nice on CRPT dptl
[12:59] {dptl} l 37.08
[12:59] {dptl} out +.22
[13:01] {Threei} disgusting
[13:01] {dptl} lol
[13:01] {Threei} who told you you can just go and take someone's money like that?
[13:01] {Chaeron} they gave it to him
[13:02] {Threei} so what polite decent people do?
[13:02] {Threei} they call lost and found
[13:02] {dptl} ye it was right there:)
[13:02] {Threei} return wallet
[13:08] {bruce} vad - q's appear to be staging in a narrow range - 30 c up and down last hour and half- we may get a respectable pop if it breaks either way
[13:10] {Threei} yeah
[13:17] {bruce} at moment crpt quietly approaching highs now - you think long break worth shot ?
[13:19] {Threei} I wouldn't bruce
[13:19] {dptl} fdo?
[13:19] {Threei} this is not a safe stock
[13:20] {bruce} k- _ i like pattern but hate volume
[13:20] {bruce} setting it aside
[13:21] {dino} idxx stop to .07
[13:22] {dino} smts?
[13:25] {dino} out idxx .14 +.35
[13:27] {bruce} got smts on radar dino
[13:28] {dino} thoughts?
[13:28] {bruce} q's breaking lows
[13:28] {bruce} still looks short to me dino despite big dump so far
[13:29] {dino} thinking l, sm at some point, .40ish
[13:29] {dino} maybe a buck or so in it
[13:29] {bruce} theres a big volume spike so maybe it's done - but I don't have any confidence in ti as long yet
[13:32] {bruce} any plays vad _ we may get boucne here - could try a long in aapl or rimm ?
[13:34] {Threei} nothing worth risk yet bruce
[13:35] {bruce} k we have 25c range forming in rimm now
[13:35] {bruce} and can go either way
[13:35] {dino} expe
[13:38] {Chaeron} EXPE
[13:38] {Threei} that's a very dubious reason for a spike like this
[13:39] {dino} indeed
[13:39] {Chaeron} they were tired of holding it.....
[13:45] {GeoArb} test
[13:46] {Threei} passed
[13:46] {GeoArb} :)
[13:51] {magoo} news SPIKE?
[13:51] {Threei} ?
[13:51] {Threei} where?
[13:51] {magoo} qqq spoike
[13:52] {Threei} I don't see anything out of ordinary
[13:52] {dptl} got to leave early (slacker)...good day Vad ty........see you all tomorrow ,have a good the rest of the day:)
[13:53] {Threei} take care dp
[13:53] {bruce} bye dp
[13:53] {bruce} rimm keeps testing those lows vad
[13:54] {Threei} looks ready to drop
[13:54] {Threei} but NQ will decide ultimately
[14:02] {bruce} die rimmsky
[14:06] {dino} smts partial fill l .76
[14:07] {bruce} great entry dino
[14:07] {dino} partial, spiked on me
[14:08] {bruce} yes - was thinking you must have been reading it's mind - entered exactly before spike
[14:09] {dino} lucky, but not enough luck
[14:10] {bruce} you've got 70c - I'd have been out already on that spike
[14:10] {dino} 100 shares
[14:11] {dino} have to talk to chuck
[14:12] {dino} ilmn lod
[14:12] {bruce} lunch money in vads words
[14:13] {dino} yeah, should just book it and look again
[14:17] {magoo} ELIOT SPITZER caught in prostetution RING
[14:17] {magoo} 550 dollar hookers
[14:17] {magoo} the emporers club
[14:18] {magoo} hes CNBC now
[14:19] {bruce} fslr down big today dino
[14:19] {dino} filling gap
[14:20] {bruce} you get out smts?
[14:20] {dino} no waiting for more at .76
[14:20] {GeoArb} truth stranger than fiction
[14:21] {dino} looks like i'll get it
[14:21] {bruce} k
[14:21] {dino} yes
[14:22] {dino} got it
[14:22] {bruce} hope it works - I still don't like it long
[14:23] {dino} hard stop at .08
[14:23] {magoo} no one cares?elliot caught....he got alot of enemies
[14:23] {Threei} I bet those enemies sent those gals to him
[14:23] {dino} to .15
[14:24] {dino} out, slip ave .08, +.32
[14:24] {dino} i bet you're right
[14:25] {bruce} lol - whos eliot?
[14:26] {Threei} things become inetersting
[14:26] {bruce} glad you exitied dino
[14:26] {bruce} theres that rimm pattern vad -
[14:26] {dino} thx, but its holding so far
[14:26] {bruce} 1 dollar move on break of major level
[14:30] {dino} lncr bstop to .75\
[14:30] {lumdus} interesting .. yeah, maybe i go fishing more exciting
[14:31] {bruce} lol
[14:31] {bruce} poor lum
[14:31] {bruce} if hes not trading something that moves a buck a minute he's bored out of his goard
[14:32] {dino} lol
[14:32] {Threei} very orderly selling
[14:32] {Threei} somewhat unusual, typically we had a lot of attempts to breakd the fall but today it's a very nice slow slide
[14:33] {magoo} meaning boss}
[14:33] {bruce} fslr will give you the action you want lum
[14:33] {bruce} yes - not an explosive move for sure
[14:33] {Threei} bear becomes firmly established mags
[14:33] {Threei} harder to interrupt its moves
[14:34] {Threei} if this becomes a new pattern, shorts will work easier
[14:34] {Threei} less shakeouts
[14:34] {bruce} thats a relief
[14:34] {bruce} all for that
[14:35] {magoo} oh..ok
[14:36] {Threei} I don't want to jump to conclusion on one day basis but this is something to watch for
[14:37] {magoo} we have had some furocious spikes into last two hurs of late tho
[14:37] {dino} fstr l .00 stop lod
[14:37] {lumdus} tx bruce. i always count on my friends to back me up .. hee hee
[14:37] {Threei} nothing of kind we saw last week mags
[14:38] {Threei} just usual ounces
[14:38] {Threei} not those vicious rallies killing shorts
[14:38] {dino} lncr cov .73, all day for .04
[14:39] {lumdus} in rimm 94.35 stop 94.12
[14:40] {lumdus} entry was good looked like we go up. but maybe i one of those who go for sucker rally.
[14:40] {bruce} welcome lum
[14:42] {bruce} you in fslr 182 dino?
[14:44] {dino} not w/oih -4
[14:44] {lumdus} rimm cost me -.22 ooch
[14:44] {bruce} not bad for rimm trade lum
[14:48] {Threei} if NQ doesn't lose 1680 anymore, bottom for the day is in
[14:49] {dino} fstr stopped
[14:49] {Threei} AAPL will be my long preference
[14:50] {bruce} sorry dino - tricky - had 180.80 bid then chicked out on it
[14:50] {Threei} .50 break AAPL
[14:51] {Threei} stop under .30
[14:51] {Threei} not a pure scalp, going to partial out
[14:51] {magoo} in whicha
[14:52] {Chaeron} me2
[14:52] {Chaeron} 0.49
[14:55] {Threei} come on
[14:56] {Chaeron} out\
[14:56] {magoo} really, i,m scalpin if get the chance
[14:56] {bruce} stopped aapl
[14:56] {Threei} yup
[14:56] {Chaeron} pos
[14:56] {Threei} no spine NQ
[14:58] {bruce} exactemundo
[14:58] {bruce} pos
[14:58] {bruce} pos
[14:58] {bruce} pos
[14:58] {Threei} now tell us what you really think
[14:58] {bruce} hmmmm
[14:58] {bruce} pos?
[15:00] {bruce} dino - thinking fslr worth tyr long around 180 if gets there - w 40 c stop
[15:00] {Chaeron} from some movie... Will Smith... stood for piece of ...
[15:00] {bruce} let us all guess chaeron
[15:00] {Threei} sun?
[15:01] {Threei} snow?
[15:01] {bruce} string?
[15:01] {cosmo} i like snow...
[15:01] {Threei} serenity?
[15:01] {Chaeron} yep... all those :)
[15:01] {Threei} yes serenity
[15:01] {bruce} especially serenity
[15:01] {bruce} thats a cool one
[15:01] {bruce} yeah right serentity
[15:05] {bruce} out to appointments
[15:05] {bruce} rule is any money you make in my absense should be SHARED
[15:06] * bruce slaps magoo around a bit with a large trout
[15:06] {bruce} thats for god luck
[15:06] {bruce} good luck too
[15:11] {dino} maybe bruce
[15:16] {Threei} NY GOVERNOR SPITZER INDICTED BY FEDERAL COURT IN NY; SPITZER EXPECTED TO RESIGN - FOX NEWS- In audio message apologizes to family and the public, no further details released
[15:17] {Threei} so what was his sin again?
[15:17] {patience} involved in a prostitution ring
[15:17] {GeoArb} pay for play?
[15:17] {Threei} I'll rephrase that... how is it a sin?
[15:17] {patience} i wonder if it was male or female prostitution ring
[15:18] {Threei} unless he was involved as a prostituite...
[15:19] {dino} lol patience
[15:19] {lumdus} bye bye eliiot. maybe we get a new good governor. thank goodness
[15:21] {cosmo} well...that's politics...
[15:21] {dino} have to be nuts to get into politics
[15:22] {dino} sm l aapl .45
[15:23] {Threei} one last pullback maybe, then off to 121
[15:24] {dino} $5500, magoo says why not become one, i think he'll need to drop a few lbs.
[15:25] {Threei} got .43
[15:25] {Threei} go AAPL
[15:27] {Threei} ah come on
[15:28] {Threei} half out .70
[15:29] {lumdus} again, i missed this. damm, i fell asleep
[15:30] {Threei} good boy
[15:30] {Threei} move
[15:30] {lumdus} rimm going nicely also
[15:30] {Chaeron} don't feel badly lum. I tried and missed... would have rather slept
[15:30] {GeoArb} do you have an audio alert on vad?
[15:31] {Threei} S&P LOWERS 87 RATINGS ON 15 US CDOS OF ABS; $8.956B AFFECTED
[15:31] {lumdus} bout time they did that
[15:31] {Threei} if I read market right it should shake off this and go up anyway
[15:32] {Threei} but stop is .29 for the balance
[15:33] {Threei} here we go
[15:33] {Threei} up up and away
[15:34] {lumdus} in with you .37
[15:34] {Threei} good etry
[15:34] {Threei} if I were smarter I would have gotten back that half I sold at .70
[15:34] {lumdus} now all i need is good exit and we have a "good trade"
[15:34] {Threei} just protect half
[15:34] {Threei} you have nice profit, why risk it all
[15:36] {Threei} out balance
[15:37] {Threei} too good day to spoil it
[15:38] {lumdus} yeah, very good day.
[15:38] {GeoArb} nice.....
[15:43] {Threei} bears win again
[15:43] {Threei} good to see
[15:43] {cosmo} MNKD salmon
[15:44] {Threei} those rallies were more of disruption of normal order of things
[15:44] {cosmo} red salmon
[15:47] {Threei} Ok guys, going to call it a day
[15:47] {Threei} too close to eod for me to try and do something else
[15:47] {GeoArb} thanks vad
[15:47] {magoo} ty vad
[15:47] {Threei} we are up nicely day after day while whole street is hurting
[15:48] {Chaeron} yep - many thanks again Vad
[15:48] {Threei} not going to mess with it
[15:48] {ThurstonHowellTheThird} ty good night
[15:54] {magoo} goodnite all..TY
[15:58] {dino} syke

Sunday, March 9, 2008

Mar 07 2008

Session Time: Fri Mar 07 00:00:00 2008

[08:30] {Threei} *FEB UNEMPLOYMENT RATE: 4.8% V 5.0%E
[08:30] {Threei} AVERAGE HOURLY EARNINGS M/M: 0.3% V 0.3%E; AVERAGE WEEKLY HOURS: 33.7 V 33.7E
[08:50] {cosmo} CIEN holding 26 far ...fwiw
[08:56] {cosmo} 25.90 is key imo
[09:00] {dptl} good morning all
[09:01] {Threei} cos, dp :)
[09:01] {cosmo} :)
[09:01] {cosmo} small world...
[09:05] {magoo} toough getting in again
[09:05] {magoo} morning]
[09:05] {Threei} magoo :)
[09:05] {magoo} and can't get into realty trader vad
[09:07] {Threei} maybe because it's reality, not realty?
[09:08] {magoo} oy
[09:11] {magoo} crushed BOOM last nit 10 points
[09:17] {magoo} vad, short too easy today? as in too obvious..cnbc all gloom
[09:17] {Threei} that's a first assumption
[09:17] {Threei} will see how it goes
[09:18] {magoo} or is everyone thinkng the contrarion view
[09:18] {magoo} so, obvious down is just that..down
[09:19] {magoo} oversold bounce.then crushed? dunno
[09:20] {Threei} you are thinking too hard
[09:20] {ThurstonHowellTheThird} gm all
[09:20] {Threei} thtt :)
[09:21] {magoo} i hurts
[09:21] {magoo} THTH:)
[09:22] {cosmo} hmm...maybe time to buy realestate? ...just a thot
[09:24] {Raven}
3 it is the only thing you can do here cosmo ... ya sure can't sell anything ...
[09:25] {GeoArb} gm all
[09:25] {Threei} geo :)
[09:25] {cosmo} can still sell your sole
[09:25] {tomg} gm all
[09:25] {Threei} tom :)
[09:25] {Raven}
3 lol ... soal ?
[09:26] {Raven}
3 soul?
[09:26] {cosmo} take your pick
[09:26] {Raven}
3 rofl
[09:27] {cosmo} CIEN tests
[09:27] {GeoArb} quick Q for you guys.... do all of you guys use 1:10 or some use 1:4 from retail?
[09:28] {GeoArb} SEC closed down one of the brokers in my neighbourhood.... for too much leverage without series 7 yesterday
[09:28] {GeoArb}
[09:28] {esemde} good morning....still server problems i see...will not let in automatically
[09:28] {Threei} ese :)
[09:29] {GeoArb} its the same business model as all so I am concerned
[09:29] {esemde} even more important
[09:29] {esemde} how do you get rid of a massive headache?
[09:29] {ThurstonHowellTheThird} Vodka?
[09:29] {Threei} ummm... beer?
[09:30] {cosmo} lots of coffee
[09:30] {ThurstonHowellTheThird} bloody mary
[09:31] {cosmo} hair of the dog
[09:31] {esemde} am trying the coffee thing as we speak
[09:32] {cosmo} cheers
[09:33] {lumdus} good morning.
[09:34] {esemde} lum
[09:35] {Threei} lum :)
[09:36] {Threei} CSIQ 21 long half lot
[09:36] {Threei} stop under .80
[09:36] {Threei} 1:1 was easy
[09:38] {magoo} out .32 TY
[09:38] {Threei} :)
[09:38] {ThurstonHowellTheThird} out .40 ty
[09:38] {magoo} nice fill THTT
[09:38] {Threei} welcome guys, good reflexes
[09:39] {magoo} was fast
[09:39] {magoo} scalpers friday vad???
[09:40] {Threei} as always
[09:41] {cosmo} CIEN wants 27
[09:41] {cosmo} imo
[09:44] {magoo} out .97 NICE call cos + .21
[09:44] {Threei} LLTC .71 long .59 stop
[09:44] {lumdus} in xlnx 22.60
[09:45] {lumdus} stop 22.48
[09:45] {magoo} in
[09:45] {Threei} WHITE HOUSE SAYS DISAPPOINTED IN TODAY'S US EMPLOYMENT DATA DECLINE- White House economic advisor Lazear expects the stimulus plan to start helping in a quarter or two, could see a strong "summer quarter."
[09:45] {Threei} 1:1 in a hurry
[09:46] {magoo} out .83 TY
[09:46] {magoo} FL
[09:46] {Threei} :)
[09:46] {magoo} + .13
[09:46] {bruce} half out lltc +.13
[09:47] {lumdus} vad on fire today
[09:47] {magoo} he was yesterday TOO
[09:47] {Threei} was I here yesterday?
[09:48] {bruce} only in body vad
[09:48] {GeoArb} you were in the other reality trader room we couldnt get into :D
[09:48] {Threei} it's all a blur
[09:48] {lumdus} i couldn't get in ..
[09:48] {lumdus} xlnx working nicely .. hopefully
[09:49] {bruce} out balance lltc +.31
[09:49] {bruce} thanx vad
[09:49] {magoo} nice bruce
[09:49] {Threei} so... with the worst economic data this morning, market goes back to green
[09:49] {Threei} bruce :)
[09:49] {lumdus} crazy .. huh ?
[09:50] {Threei} nah... normal for the market
[09:50] {patience} plunge protection team at work
[09:50] {magoo} oversold bounce vad...alot of overhead resistance...people will be looking to get out
[09:50] {bruce} course vad - just a bounce though - not necessarily going green for day
[09:51] {magoo} cxould last few days, but people who are crushed in positions will be looking for any chances to exit
[09:51] {bruce} lltc wants more
[09:51] {bruce} still like it long vad?
[09:51] {esemde} long CIEN n.46
[09:51] {Threei} no setup
[09:52] {cosmo} wont die
[09:52] {cosmo} ... the 'wont die' setup?
[09:52] {esemde} out CIEN .80
[09:52] {Threei} good jump ese
[09:52] {Threei} fast and easy
[09:53] {esemde} whoa that was quick ...couldn't even post my bstop
[09:53] {cosmo} party like 1999
[09:53] {bruce} skf down 8 bucks since open
[09:53] {esemde} +.34 I like it
[09:53] {esemde} and it's still goin
[09:54] {esemde} just like you diagram them Vad
[09:57] {lumdus} out xlnx 22.84 + .24
[09:58] {magoo} missed aapl and rimm bounce..was watching boyth in .15 areat
[09:58] {lumdus} i want jpm badly, just need some sharp pullback
[09:58] * bruce slaps magoo around a bit with a large trout
[09:58] {bruce} take that mags
[09:58] {magoo} u get them bruce??
[09:59] {bruce} not a chance
[09:59] {bruce} \wasn't paying enough attention to em but got them on screen
[10:00] {bruce} lltc broke again
[10:00] {magoo} i had aapl long locked and looaded 121.09..didn't pull trigg
[10:01] {Threei} YESSSS
[10:01] {bruce} dcsiq up overa buck vad
[10:01] {esemde} just barely green in some spots and things are a jumpin......
[10:01] {Chaeron} hi all
[10:01] {Threei} chaeron misses party again
[10:01] {bruce} hey chaeron
[10:01] {esemde} CHHHHHHH BABY!!!!!
[10:01] {Chaeron} *sigh*
[10:02] {magoo} hi bud..why u late everyday?
[10:02] {Chaeron} kid
[10:02] {Chaeron} gonna change tho
[10:02] {esemde} pourquo?
[10:03] {magoo} i think vad went home
[10:03] {Threei} .21 LLTC for a scalp if holding above .10
[10:03] {bruce} cien and lltc both sittingat highs
[10:04] {Threei} invalidated
[10:04] {esemde} vad is always lurking....
[10:05] {Threei} in the shadows
[10:05] {magoo} aapl or rimm short somewhere
[10:05] {magoo} not in just looking
[10:06] {magoo} if mkt decides to pullbk
[10:06] {bruce} skf reversing
[10:06] {bruce} high risk trade
[10:06] {magoo} i want low risk
[10:06] {Chaeron} I want high reward :)
[10:07] {bruce} too late - miisedit
[10:07] {bruce} more than a buck in a couple mins mags
[10:08] {magoo} cnbc just said"why would anyone want to be long going into this weekend?"
[10:08] {Threei} AMKR .69 long if holding above .60
[10:09] {bruce} over 2 bucks now mags in skf
[10:10] {magoo} AMKR vad..slow personality?
[10:10] {patience} bruce, dcc please
[10:10] {Threei} yeah, it's a creeper
[10:10] {Threei} if works, has p;otential to about .90
[10:11] {bruce} good to know vad
[10:11] {magoo} like triple cause slow?
[10:11] {Threei} if stop size allows for that, sure
[10:11] {magoo} thats are debate someday..but not now :)
[10:12] {magoo} suspense is killing u :)
[10:12] {lumdus} ok, so it sounds we got it right today. a runup, then all those looking to bail get out and now we should go higher according to early morning theory
[10:12] {magoo} EXCEPT.if IF mkt wants to dump into bell
[10:13] {magoo} but hey, oversold bounce was fdiscussed
[10:13] {Threei} "early morning theory" - if you see a stranger in the mirror, shave him anyway, chances are it's you under strong hangover
[10:13] {magoo} cionfused now
[10:13] {lumdus} yeah vad waht are you trying to say ?
[10:14] {ThurstonHowellTheThird} lol
[10:14] {magoo} vad had a stranger overnite...hes hungover..but still offers to shave him??uh
[10:14] {bruce} lltc may test highs again vad
[10:15] {bruce} amkr almost to trigger crew
[10:15] {bruce} (thats for magsw hisshort attention span)
[10:16] {lumdus} ok, here comes the big rally in jpm, bac, slm .. i hope so now
[10:20] {Chaeron} AMKR - in
[10:20] {magoo} in
[10:20] {lumdus} dean on i am .
[10:20] {lumdus} out jpm + .55
[10:20] {ThurstonHowellTheThird} in .70
[10:21] {magoo} in rimm too .50 just noe
[10:21] {Chaeron} thanks Vad
[10:21] {Threei} not yet
[10:21] {lumdus} out bac +.70
[10:21] {magoo} out .82
[10:21] {magoo} rimm
[10:21] {lumdus} stil have slm
[10:21] {magoo} over 99 coming but hey scalping
[10:22] {lumdus} out slm +.32
[10:22] {bruce} wow - nice lum
[10:22] {lumdus} i gave the heads up to follow.
[10:22] {magoo} as long as mkt cooperates that is
[10:22] {magoo} vad, how many u take AMKR?
[10:22] {lumdus} magoo, i though it was obvious.
[10:23] {magoo} what obvious?
[10:23] {Threei} I take the Fifth
[10:23] {Chaeron} I'll take a fifth
[10:23] {magoo} lum??
[10:23] {lumdus} in schw
[10:24] {magoo} no one really i scalp..also, rimm mean animal, if mkt rolls it rolls twice as hard, so i always habvwe QQQQ chart up as early indicator
[10:24] {bruce} fwit - amkr stop would be about .59?
[10:24] {Threei} for now yes
[10:25] {bruce} k - thanx
[10:25] {Threei} if breaks .75 trailing to .64
[10:25] {magoo} big hit for FITH numvbr sghares
[10:25] {Threei} [10:11] {magoo} like triple cause slow?
[10:25] {Threei} [10:11] {Threei} if stop size allows for that, sure
[10:26] {Threei} your position size is defined by risk tolerance, size of an intended stop and slippage
[10:26] {Threei} slippage is almost negligible with AMKR
[10:26] {lumdus} vad, favor please - what the bid ask on ctum. ?
[10:27] {bruce} nvda looking like possible long
[10:27] {bruce} red on it vad?
[10:27] {Threei} you know how much you are willing to lose on a given trade, you have your stop size... the rest is calculator function
[10:27] {bruce} read
[10:27] {Threei} or abacus
[10:27] {lumdus} can someone give me bid x ask on ctum
[10:27] {Threei} market wekens bruce... waiting to see what transpires next
[10:28] {Chaeron} 2.26x2.28
[10:28] {lumdus} tx chareon
[10:28] {bruce} k
[10:28] {Chaeron} my pleasure lum
[10:29] {Threei} RMBS looks better long candidate than NVDA if market resumes up, brucr
[10:29] {bruce} theres the amkr mini shake
[10:29] {lumdus} back in jpm 38.60
[10:30] {bruce} lltc trying highs again vad
[10:30] {lumdus} comon market zoom up quickly and fast,
[10:31] {lumdus} jpm, you need to break HOD now !!
[10:31] {bruce} borrow vads boots lum
[10:31] {lumdus} vad thinks i am crazy today..
[10:32] {Threei} important thing is what JPM thinks
[10:32] {bruce} jpm break looks like a toughie - you have double top already wout break
[10:32] {lumdus} ok, i hope you wrong bruce
[10:33] {lumdus} i think this market about to explod up like 200 points
[10:33] {lumdus} but when it goes down i will change my mind ..
[10:34] {magoo} vad,,u reading aapol today? always right?
[10:34] {lumdus} bruce hit jpm hard now .. comon
[10:34] {esemde} long CIEN .18 1/2 lot
[10:34] {bruce} lol lum
[10:34] {bruce} kick it over for you?
[10:34] {bruce} no chance
[10:35] {lumdus} whatever it takes
[10:35] {bruce} would like to see consolidate at high beofre that
[10:35] {esemde} out CIEN .44
[10:36] {bruce} very nice ese
[10:36] {esemde} +.26 man this one is jumping
[10:36] {lumdus} bruce, so maybe i get out and wait
[10:37] {esemde} what was the news on CIEN anyway....or was there any?
[10:37] {bruce} if you have profit has what I'd do
[10:37] {Threei} 07:00am [CIEN] Reports Q1 $0.47 v $0.40e, R $227.4M v $225.6M
[10:38] {esemde} tks Vad
[10:38] {esemde} man look at it go
[10:38] {bruce} sheesh -ssholda been playing cien
[10:38] {esemde} .12 short of being up 4 bucks
[10:38] {bruce} all that volume
[10:38] {Threei} ugh... hesistated too long to call AMLN long
[10:39] {magoo} vad..u ignoring magoo?
[10:39] {Threei} ?
[10:39] {Threei} what are you talking about?
[10:40] {magoo} 10:34] {magoo} vad,,u reading aapol today? always right?
[10:40] {Threei} missed it
[10:40] {magoo} just funnin
[10:40] {Threei} but since you asked.,.. yes
[10:40] {Threei} {GGG}
[10:40] {magoo} thought so :)
[10:40] {magoo} whats new?
[10:41] {magoo} nice AMKR bounce
[10:41] {magoo} i got 2k
[10:41] {Threei} market helps
[10:41] {bruce} slm lookinglong now lum
[10:41] {Threei} sheesh CIEN
[10:41] {bruce} yeah vad - we really missed that one
[10:41] {magoo} dow green 46
[10:42] {esemde} ya 1min chart on CIEN is a thing of bueaty to look at....
[10:42] {magoo} vad, u should paste our earlier morn thoughts
[10:42] {magoo} right when i got in
[10:42] {magoo} for room
[10:43] {Threei} BRCM stays red in all this hoopla
[10:43] {bruce} long breaks woring today - seemslike forever since we've seen that
[10:43] {Threei} .50 nearest resistance
[10:43] {Threei} this is your short candidate if market reverses down
[10:44] {GeoArb} hi, how do you sortlist the stocks to watch?
[10:44] {bruce} amkr resistance at .80
[10:44] {Threei} we don't geo, we wat5ch all 10,000
[10:44] {GeoArb} heh
[10:44] {Threei} :)
[10:44] {Threei} scannewr spitrs them out
[10:44] {Threei} spits
[10:45] {GeoArb} ok I have all 4 windows up
[10:45] {lumdus} bruce, tx for the move.. i sold jpm .90 and will wait a break
[10:45] {Threei} plus some of them are "usual suspects"
[10:45] {GeoArb} ok
[10:45] {Threei} let me count
[10:45] {Threei} I have 14
[10:45] {curtisweese} i made it in!
[10:45] {Threei} curtis!!
[10:45] {GeoArb} ok
[10:46] {GeoArb} yeah i am trying to get a setup with the usual suspecta always up
[10:46] {Threei} just when magoo dcced me to ask whether I poisoned you with hemlock
[10:46] {Threei} and I was ready to confess
[10:47] {curtisweese} ffiv was awesome to me this morning....sold it all now tho
[10:47] {Threei} what wasn't
[10:47] {curtisweese} im alive!
[10:48] {Threei} see magoo? and I thought I was a ruthless murderer
[10:48] {Threei} I = you
[10:48] {cosmo} i thot hemlock was voluntary....
[10:48] {curtisweese} did great yesterday on it.....almost $2k i'm scared....i think we might be looking at dive today...your thoughts?
[10:48] {Threei} it is cosmo... it's just that they open your mouth with pliers and pour it in, then you volunteer
[10:48] {bruce} glad jpm worked out ok lum
[10:49] {Threei} good job surtis
[10:49] {Threei} don't guess
[10:49] {Threei} go with what market does
[10:49] {Threei} truth is noone knows
[10:49] {lumdus} vad, lltc ?
[10:49] {bruce} lol - freudian slip vad - telling us your true nature
[10:50] {bruce} murderer
[10:50] {magoo} dino would say.."buy when the bloods running in the street" surtis
[10:50] {bruce} donkey abuser
[10:50] {bruce} heres a plan folks
[10:50] {bruce} lets all buy somethng
[10:50] {Threei} LLTC still looks like long lum... but risk becomes a bit too much for my taste here
[10:50] {lumdus} long lltc ? any ideas ?
[10:51] {lumdus} ok vad tx
[10:51] {bruce} then vadster can keep bying 1k lots every 10 secs or so
[10:51] {Chaeron} wow... 3i is a mind reader too
[10:51] {Threei} I wou;ld slow down on longs a bit
[10:51] {bruce} when we get our 20 c we sell to vad
[10:51] {Threei} hmmm
[10:51] {bruce} whatcha think vad?
[10:51] {lumdus} ok then i hold off vad
[10:51] {Threei} and I would want to provide this kind of service why?
[10:52] {bruce} hmmm
[10:52] {magoo} i like it bruvce'
[10:52] {bruce} your good nature?
[10:52] {Threei} mine?
[10:52] {bruce} k thats 2 for the plan so far vad
[10:52] {magoo} to avoid murder conviction??
[10:52] {Threei} good ature?
[10:52] {curtisweese} what to short? hmmmm
[10:52] {bruce} yepperws
[10:52] {bruce} you can redeam yourself
[10:52] {Threei} wait for me next 5 minutes, I need to get a hold of myself, those parixisms of hysterical laughter take time
[10:52] {bruce} redeption doesn't come cheap you know
[10:53] {bruce} sheesh
[10:53] {bruce} a great plan and hes not even taking it seriously
[10:53] {lumdus} bruce, nice save on jpm for me. tx bud
[10:53] {Threei} ok, with all this banter anyone shorted BRCM?
[10:54] {Threei} asking just in case need guidance
[10:54] {bruce} good thing you sold jpm lum
[10:54] {lumdus} right, perfect plan you gave me .. had +.45 and waited
[10:55] {lumdus} hmm, lltc looks way to strong. i wish vad would let me take it.
[10:55] {lumdus} common, vad can i take lltc ?
[10:55] {magoo} i missed brcm vad
[10:55] {Threei} sure... just let it trigger
[10:55] {lumdus} ok tx boss
[10:55] {Threei} don't try to outguess it by entering in avdance
[10:55] {bruce} dumped amkr flat
[10:56] {Threei} if it's holding near high while NQ sells, buy .38 when NQ rbounces
[10:56] {lumdus} ok vad not outguessing. waiting patiently with trigger
[10:56] {Threei} closest support is .30
[10:56] {Threei} so if it triggers from here ytour stop will be nicely tight
[10:56] {ThurstonHowellTheThird} stop on AMKR stil .64?
[10:56] {curtisweese} i'm soooo hesitant to go long right now.....sigh
[10:57] {lumdus} tx vad
[10:57] {Threei} I think so ttht
[10:57] {ThurstonHowellTheThird} k thx
[10:58] {esemde} Chaeron...just noticed your ddc
[10:58] {magoo} anyonre stopped AMKR here?
[10:59] {ThurstonHowellTheThird} no
[10:59] {cosmo} who has that kind of power....
[11:00] {esemde} by the way Thurston....hows that work on the "MINOW" going?
[11:00] {ThurstonHowellTheThird} slow
[11:00] {esemde} still a big hole in it?
[11:00] {ThurstonHowellTheThird} one day we'' be off this island...then probably be back :)
[11:01] {ThurstonHowellTheThird} Skipper patched it up with coconuts
[11:01] {bruce} vad - any read on rmbs ;pullback long here?
[11:01] {Threei} looks like short to me rather
[11:02] {Threei} with .61 stop
[11:02] {magoo} hows island internet connection speed THTT
[11:03] {curtisweese} Vad, what stock drops big with drop in market and has some nice volume? just so i can watch it
[11:03] {Threei} RIMM, AAPL
[11:03] {curtisweese} i'm watching them already....they are fun, but fast :(
[11:03] {ThurstonHowellTheThird} good , visitor left satelite sender/receiver
[11:04] {bruce} thanx vad - waiting to see how it shapes up - pretty big drop already
[11:04] {Threei} other usual asuspects curtis: NVDA, BRCM
[11:06] {magoo} stopped aMKR btw.63
[11:06] {magoo} i hate those..sit long...barelky get dime..always stop ui
[11:07] {Chaeron} me too mags... stopped and hate them as much
[11:07] {Threei} yeah but then you don't take next one and cry when it goes
[11:07] {magoo} and thats the pattern
[11:07] {magoo} i won't and u get a buck :(
[11:08] {Threei} so... just like any other stock, some of them work and some don't
[11:08] {Threei} either you reject this kind altogtther as not matching your style
[11:08] {Threei} or you play them all
[11:08] {Threei} but don't try to mix and match
[11:08] {magoo} lately, and i remember u commenting this...they hold us hostage allday and then stop us out
[11:09] {Threei} my point is:
[11:09] {Threei} if you try to pick a winner out of those
[11:09] {magoo} OY
[11:09] {magoo} LOL
[11:09] {Threei} it's an attempt to outsmart the market
[11:09] {Threei} never works
[11:09] {Threei} dismiss them as a kind, no problem
[11:09] {Threei} I alerted it was a slow one
[11:09] {curtisweese} doh!! missed my FFIV short I was waiting for....grrrr
[11:10] {Threei} anyone took RMBS short?
[11:10] {magoo} your doing greatt vad...they just are not my style and i just hate them
[11:10] {Threei} so ignore them
[11:10] {magoo} I CAN"T
[11:10] {Threei} noone plays everyting
[11:10] {magoo} I DO
[11:10] {Threei} of course you can
[11:11] {Threei} let me show you how easy it is
[11:11] {magoo} except the ones bruce forgets to reminfd me
[11:11] {Threei} enter this symbol please:
[11:11] {Threei} BRK.A
[11:11] {magoo} BRKA
[11:11] {Threei} with .
[11:11] {Threei} now watch me not playing it
[11:11] {Threei} see? not playing
[11:12] {GeoArb} hahahahahaha
[11:12] {Threei} easy
[11:12] {GeoArb} is that berkshire?
[11:12] {Threei} yes :)
[11:12] {magoo} i just tried it with a "." cause pulled nothing up..u got me
[11:13] {Threei} you mean you are not getting quotes for it?
[11:13] {curtisweese} Magoo is mad cuz he hasn't played that one from $500 level hahahah
[11:15] {magoo} nope
[11:15] {magoo} there are some synmols i do not get quotes
[11:15] {Threei} BRK.A
[11:16] {ThurstonHowellTheThird} B R K . A
[11:16] {Threei} no?
[11:16] {magoo} ah, now do THTT
[11:16] {magoo} ok IN
[11:16] {Threei} ok.;.. you really can't refrain from playing :)
[11:17] {lumdus} how can you play when market have no read ?
[11:19] {bruce} nvda setting up as possible short
[11:20] {Threei} yup
[11:20] {Threei} if stays under 20
[11:22] {lumdus} l rimm 98.69 sto p..
[11:23] {bruce} s nvda .90
[11:23] {ThurstonHowellTheThird} ditto bruce
[11:28] {curtisweese} die NVDA die!! i'm rooting for you
[11:29] * Threei hits NVDA over the head with 2x4 endowed with rusty nails
[11:29] {bruce} thanx curtis - vad
[11:30] {bruce} nvda stop to 19.95
[11:31] {ThurstonHowellTheThird} big bid at .80 moving my exit to .81
[11:33] {GeoArb} see you all later... bye
[11:33] {Chaeron} see you Geo... good weekend
[11:34] {GeoArb} got the course today... so busy :)
[11:34] {GeoArb} bye
[11:34] {magoo} bye Geo
[11:34] {hawkfan4} thanks for the BRCM heads up Vad, very nice
[11:35] {lumdus} you mean the brcm heads down .. :)
[11:35] {curtisweese} l RIMM 98.11 (i'm a rookie fyi)
[11:35] {bruce} bye geo
[11:35] {lumdus} curtis not bad for a rook, just flip the coin :)
[11:39] {Threei} hawk :)
[11:40] {curtisweese} out RIMM +$.25
[11:40] {curtisweese} too early :(
[11:41] {curtisweese} could have had twice that.....{tells self, don't be greedy don't be greedy}
[11:42] {bruce} stopped nvdaw - sorry if you got stopped thtt
[11:42] {lumdus} that's why you rookie .. he hee
[11:42] {curtisweese} wait!!! it is ended up being smart
[11:42] {bruce} working now
[11:44] {curtisweese} shorting rimm now 98.08 (i'm a rookie be careful!)
[11:44] {magoo} fast sh rimm loss 98]
[11:44] {ThurstonHowellTheThird} out NVDA .81 ty bruce
[11:44] {bruce} great thtt
[11:44] {bruce} should have kept a bit bigger stop myself
[11:44] {Threei} over 1:1
[11:45] {bruce} dropping nicely now
[11:45] {magoo} out
[11:46] {magoo} out for hour, don't make to much
[11:46] {curtisweese} out RIMM short +$.55!!!
[11:46] {Threei} that's disgusting
[11:46] {curtisweese} rode it up and then down....whew
[11:46] {Threei} you guys don't leave money for anyone else in the maarket today
[11:46] {bruce} yes - less thatn a buck
[11:46] {bruce} hardly worth taking
[11:47] {curtisweese} i made $500 on the way up and $500 on way down...shrug
[11:47] {Threei} if you keep this up, noone will come out and play with you tomorrow
[11:47] {bruce} presonally - Im not playing tomorrow
[11:48] {bruce} you may be on own vad
[11:48] {Threei} yeah
[11:49] {Threei} luckily I am comfortable talking to my reflection in the mirror
[11:49] {curtisweese} RIMM short here looks good to me, but has to fall below .57 or so
[11:49] {Threei} the fact that I don't always recognize myself helps
[11:49] {Chaeron} does this have to do with the shaving thing earlier? (trying to follow)
[11:50] {Threei} one of aspect chaeron, yes
[11:50] {Chaeron} ah
[11:52] {Threei} 1:2 NVDA
[11:52] {bruce} that nvda short looking nice
[11:52] {bruce} you took itvad?
[11:52] {Threei} yes
[11:52] {bruce} great
[11:53] {Threei} out though
[11:53] {bruce} k 1 to 2 isOK
[11:56] {Threei} NQ
[11:57] {Threei} short .99
[11:57] {Threei} stop 10.11
[11:57] {Threei} awww
[11:57] {Threei} wrong symbol
[11:57] {Threei} NG
[11:57] {Threei} still there though
[11:58] {curtisweese} Shorting RIMM again 97.74
[12:02] {curtisweese} out RIMM short +$.14
[12:02] {curtisweese} got scared hehehe
[12:03] {lumdus} curtis i think amzn better short if you trading ..
[12:04] {curtisweese} wow....look at that freefall
[12:04] {curtisweese} well not free for many....hahaha
[12:06] {curtisweese} there goes rimm .....i'm such a chicken
[12:06] {lumdus} but amzn did better ?
[12:06] {curtisweese} yeah i'm watching both now
[12:12] {ThurstonHowellTheThird} Vad: I am going to set hard stop for Ng with Laser at 10.11 do I leave speed setting at FIXED?
[12:13] {Threei} I don't remember what that setiing does
[12:14] {Threei} gotta read help
[12:14] {ThurstonHowellTheThird} LAserDave1 or dptl?
[12:14] {Threei} thtt... here is attention-getter for lasredave:
[12:14] * Threei slaps Laserdave1 around a bit with a large trout
[12:15] {bruce} fyi - that nvda short just hit 3 to 1 vad
[12:15] {Threei} kewl
[12:16] {ThurstonHowellTheThird} oh well no biggie, I'll just leave it on FIXED
[12:16] {dptl} yes fixed
[12:16] {ThurstonHowellTheThird} thx
[12:16] {esemde} gone for the weekend....have good one all...
[12:17] {Threei} take care ese
[12:17] {bruce} bye ese
[12:18] {Threei} I never tried OMS module on listed stocks
[12:20] {curtisweese} shorting RIMM one more time (be careful!) 97.13
[12:20] {ThurstonHowellTheThird} oh yeah. maybe I will just wait......was just going to go do my lunchtime workout...
[12:23] {bruce} good for you thtt - you skip eating at exercise over lunch?
[12:24] {ThurstonHowellTheThird} I do both ..firts exercise then eat at my desk
[12:24] {ThurstonHowellTheThird} firts ==first
[12:25] {bruce} k
[12:25] {Threei} hmmm
[12:25] {Threei} maybe that's what am I doing wrong
[12:26] {Threei} eating yes... exercising no... could that be a reason I am not losing wieght
[12:26] {Threei} nah, it can't be
[12:26] {bruce} vad - read on ebay break of 26 long?
[12:27] {Threei} it became very tough player lately
[12:27] {Threei} too narrow
[12:27] {bruce} vadgets his exericse chasing his cat away
[12:27] {Threei} not sure
[12:28] {bruce} k - thanx vad - passing on it
[12:29] {ThurstonHowellTheThird} Vad , Iwas thinking that you need stay healthy for some of our trading careers to continue, or let us take life insurance out on you :)
[12:29] {bruce} bac on break of .65 looks like it has potetnital vad
[12:30] {Threei} fe insurance? is it one of those things people get killed for?
[12:31] {bruce} l bac .65 stop .60
[12:33] {ThurstonHowellTheThird} no no, it is only to insure ourselves that if you kick the bucket then we get soem compensation (but if someone like magoo starts getting ideas ...the )
[12:33] {Threei} that's what I thought
[12:34] {curtisweese} Out RIMM short +$.39
[12:36] {curtisweese} darn ...out too early again
[12:36] {bruce} stopped bac
[12:36] {bruce} -.07
[12:37] {lumdus} xto is short
[12:38] {bruce} another swell idaea
[12:39] {bruce} lets ALL take out insurance on vadster and then get mags to do the dirty deed
[12:39] {Threei} well
[12:39] {curtisweese} RIMM's drops are flattening out.....might be time to buy on dip for big pop ....Vad, your thoughtsS?
[12:39] {bruce} I take that back
[12:39] {bruce} thats in poor taste
[12:40] {Threei} you will have to go through Yuri the Kneeshooter and Ivan the Enforcer
[12:40] {bruce} heaven forbid we ever tease in poor taste here
[12:40] {bruce} I like my knees
[12:41] {curtisweese} can just tank though at any time, so long makes me cringe...sigh
[12:43] {ThurstonHowellTheThird} well, if you don't want o get life insurance, than maybe we can get you to eat healthier, quit smoking and exercise everyday ;()
[12:43] {Threei} you can try...
[12:44] {ThurstonHowellTheThird} Ok what is your wife's number?
[12:44] {Threei} and as long and your idea of heaalthy eating includes bacon, you WILL succeed at least in this part
[12:44] {ThurstonHowellTheThird} lol j/k
[12:44] {bruce} vad - studies prove that guys who exercise have better luck at crabbing
[12:44] {bruce} there (givning him an incentive thtt)
[12:45] {Threei} oh, no need for me to exercise then
[12:45] {bruce} lol
[12:45] {Threei} you have no idea how crabby I can be
[12:45] {dptl} lol
[12:45] {Threei} just ask my first 4 wives
[12:45] {ThurstonHowellTheThird} lol
[12:47] {bruce} l bac again - same stop
[12:47] {curtisweese} l RIMM 97.25
[12:51] {curtisweese} out RIMM +.28
[12:52] {Threei} see EBAY bruce? non-player
[12:54] {curtisweese} shorting RIMM 97.39
[12:59] {curtisweese} lost on short of RIMM -.$.14
[13:00] {Threei} good discipline
[13:02] {bruce} yes - thanx vad
[13:03] {curtisweese} should have had looser stop maybe....looks primed to dive
[13:03] {curtisweese} double camel and all that
[13:03] {curtisweese} crap it is....sigh
[13:04] {curtisweese} don't die now....grrrr LIIIIIVE
[13:05] {curtisweese} just barely too tight of stop
[13:12] {bruce} stopped twice in bac - done w it
[13:14] {curtisweese} jeez i jumped out of that rimm short too early .14 loss was really .50 win...sigh
[13:15] {bruce} rimms tough curtis
[13:15] {bruce} keep your stops or you'll get killed in it
[13:18] {Threei} things become interesting again
[13:19] {lumdus} which way you thinkin vad .. down up or who the heck knows
[13:20] {Threei} no direction yet, just opportunities are about to materialize
[13:21] {Threei} looks like shorting bounce is the closest play
[13:22] {Threei} finegr on a trigger for RIMM
[13:22] {lumdus} gun coked .. on rimm
[13:22] {Threei} in
[13:22] {Threei} .71 stop
[13:22] {lumdus} short / long ?
[13:22] {Threei} short
[13:23] {Threei} [13:21] {Threei} looks like shorting bounce is the closest play
[13:23] {lumdus} that was no bounce yet ..
[13:25] {bruce} out rimm - quick +.24 -
[13:25] {curtisweese} die!!!
[13:25] {bruce} thanx vadster
[13:25] {Threei} sure
[13:25] {Threei} half out +.23
[13:27] {bruce} bad math - I only took .14 - still bigger than stop though
[13:28] {Threei} out in full
[13:28] {Threei} +.50
[13:28] {curtisweese} disgusting :P
[13:29] {Threei} it is
[13:29] {bruce} veddy nice vad
[13:29] {bruce} had no guts on that trade - couldn't read it
[13:29] * Threei slaps magoo around a bit with a large trout
[13:29] {Threei} wake up
[13:30] {lumdus} he is snoring very loudly
[13:30] {Threei} no kidding
[13:30] {curtisweese} msft looks to break out if gets up around 27.74 or so
[13:30] {lumdus} what's up with kr ? looks like it could go for a run
[13:30] {Threei} canhear him over almost whole continent
[13:30] {curtisweese} rimm is dying
[13:31] {lumdus} it's in icu
[13:31] {curtisweese} could have had $1
[13:31] {curtisweese} almost
[13:31] {bruce} yes - nice selloff
[13:33] {Threei} lol, I feel like I was sleeping in the bushes during ambush... woke up, saw victim go by, pounced, killed, went back to sleep
[13:33] {Threei} (ate too)
[13:33] {bruce} kicking myself - just plain dumb to exit so early on that one
[13:33] {Threei} wait!
[13:33] {Threei} don't kick yourself yet
[13:33] {curtisweese} too :( but bulls make money, bears make money....pigs get slaughtered!
[13:33] {Threei} OK, got popcorn, now you can start
[13:34] {bruce} mmm popcorn
[13:34] {bruce} sounds good
[13:35] {Threei} bounce time almost
[13:36] {lumdus} rimm, really taking a hit. amzn holding strong
[13:36] {curtisweese} jeez, that could have been a grand over $1 yum
[13:36] {bruce} kinda looks that way
[13:36] {bruce} clowse to 95
[13:36] {Threei} or quick dive under
[13:36] {curtisweese} i'm still happy money is on sidelines and i'm not losing anything at least
[13:38] {curtisweese} {Execution} Bought 700 shares of RIMM @$96.3199 to cover WAAAAA! eheheheh
[13:38] {curtisweese} that was $1 ago...waaaaa
[13:40] {curtisweese} 10 week chart shows another level at mid 94 range...might fall to there now...hmmm
[13:44] {bruce} still looks short - but stop too big for my taste here
[13:45] {curtisweese} s RIMM from 95.15 and looking for 94.60 range for exit.....scared but i'm in....
[13:46] {bruce} nice one curtis
[13:47] {curtisweese} uh oh
[13:48] {bruce} well vadster - any read on an entry?
[13:48] {Threei} nope
[13:48] {bruce} k
[13:49] {lumdus} just trhow the darts ..
[13:49] {bruce} stop for curtis?
[13:49] {bruce} looks like .50 or so
[13:49] {curtisweese} i had .40 but .50 is better
[13:50] {Threei} i guess
[13:50] {curtisweese} die RIMM ...blackberry sucks....though i'm using mine right now...sigh
[13:50] {bruce} vad sounds definitive
[13:51] {bruce} you trade on one?
[13:52] {curtisweese} rimm dies now....i feeeeeeel it
[13:52] {curtisweese} or soars
[13:52] {bruce} its gonna do something - no idea what
[13:53] {curtisweese} out...loss!
[13:53] {curtisweese} .24 loss...i pulled stop discipline...sigh
[13:53] {curtisweese} it will punish me for that early pull out
[13:53] {bruce} vad that last rimm short call was a bear flag right?
[13:54] {Threei} yes
[13:54] {bruce} k - thought so
[13:54] {Threei} shallow retracement on low volume
[13:55] {bruce} k- thanks
[13:56] {curtisweese} so no market rally into close on friday with all of the concerns out there, eh?
[13:56] {bruce} kinda lookin like a rimm long here - if breaks .50 and holds .25
[13:56] {bruce} your thoughts vad?
[13:57] {bruce} too late
[13:57] {bruce} or not
[13:58] {Threei} no confidence
[13:58] {bruce} k
[13:59] {bruce} thought you just had me on iggy with mags
[13:59] {bruce} where is mags?
[13:59] * bruce slaps magoo around a bit with a large trout
[13:59] {bruce} wake up
[14:00] {lumdus} maybe he fainted
[14:01] {bruce} I like the way you played the flag vad - noticed you didn't wait for break of low in that case so stop was very small
[14:01] {lumdus} long mago stop unknown
[14:02] {lumdus} aapl might recover a little.
[14:02] {curtisweese} there goes my RIMM short paying off (after i got out for a loss) lol
[14:03] {bruce} sorry curtis
[14:03] {curtisweese} here comes bounce though
[14:03] {bruce} or not - can goeither way here
[14:04] {lumdus} yeah, tought one today.
[14:05] {lumdus} so far no recovery .
[14:06] {dptl} OMRI was my girl for today...3 trades total +.94 now it's dying
[14:06] {bruce} vads last short call was beauty - find a trade with small breakout range to keep risk low - thats the way to play rimm and appl
[14:06] {bruce} congrats dp
[14:06] {dptl} ty
[14:06] {bruce} give her a hug and look for a new one
[14:06] {Threei} hmmm
[14:06] {Threei} and you never shared?
[14:07] {bruce} good point vadster
[14:07] * bruce slaps dptl around a bit with a large trout
[14:07] {curtisweese} l RIMM from 95.02
[14:07] {curtisweese} runnnnnn
[14:07] {dptl} not ready to post my trades yet trying
[14:08] {bruce} you're forgiven dp
[14:08] {curtisweese} out RIMM....sweeet!!!!! +$.55!!!!
[14:08] {Threei} not by me
[14:08] {Threei} I don't forgive anyone anything
[14:08] {Threei} just ask that mosquitoe that bit me 5 years ago and whome I tracked down for three years
[14:08] {bruce} hmmm
[14:08] {curtisweese} hahhahaha
[14:09] {dptl} lol
[14:09] {bruce} back to thtt's insurance plan vad
[14:09] {Threei} he already did pastic surgery, boguth nicaraguan passport and airtickets
[14:10] {Threei} when I caught up with him
[14:10] {Threei} never mind destroyed airport
[14:10] {curtisweese} s RIMM 95.71 tight stop
[14:10] {Threei} revenge was served
[14:11] {bruce} bet ithurt when yori took his kneecaps
[14:11] {Threei} I am sure it did
[14:11] {bruce} mind you - do msoquitoes even have kneecaps?
[14:11] {Threei} who cares
[14:11] {Threei} Yuri didn't ask before shooting
[14:12] {Threei} nor did he after
[14:12] {bruce} lol
[14:12] {bruce} good thing t was pre airport secutrity days
[14:14] {bruce} taking break
[14:18] {curtisweese} out RIMM short +$31
[14:18] {curtisweese} err .31 lol
[14:19] {curtisweese} i'm liking RIMM long at this level...anyone?
[14:20] {curtisweese} or not
[14:21] {curtisweese} 94.83 looks like great level though.....hmmm i'm tempted to reverse the market by going long again
[14:22] {lumdus} new on twm ?
[14:23] {magoo} back
[14:23] {magoo} how much u guys make?
[14:24] {Threei} [13:28] {Threei} out in full
[14:24] {Threei} [13:28] {Threei} +.50
[14:24] {Threei} [13:29] * Threei slaps magoo around a bit with a large trout
[14:24] {Threei} [13:29] {Threei} wake up
[14:24] {magoo} i posted had apptmt ..gone for hour
[14:25] {Threei} you mean you expeceted us to actually read and care?
[14:25] {magoo} that the obnly one vad????
[14:25] {magoo} only
[14:25] {Threei} you wish
[14:25] {curtisweese} rookie going l on RIMM from 95.02 trade at your own risk!!!
[14:26] {Threei} [14:08] {curtisweese} out RIMM....sweeet!!!!! +$.55!!!!
[14:26] {Threei} [14:06] {dptl} OMRI was my girl for today...3 trades total +.94 now it's dying
[14:26] {dptl} oo hiding now
[14:26] {Threei} you better
[14:28] {bruce} geesh- mags was away
[14:28] {bruce} no wonder we all made buckets of cash
[14:28] {curtisweese} here it goes....runnnnn RIMM runnnnnn
[14:28] {Chaeron} I was gone too, so maybe it saw me.....
[14:29] {bruce} easiest trades I've seen in months
[14:29] {Chaeron} was, not saw
[14:29] {Threei} moreover bruce... he thought we should haave known
[14:29] * magoo slaps bruce around a bit with a large trout
[14:29] {bruce} wow - now he expects us to listen to him?
[14:29] {lumdus} any news on twm ? acting wierd.
[14:29] {bruce} you're so inconsiderate mags
[14:29] * bruce slaps magoo around a bit with a large trout
[14:30] {magoo} u guys in RIMM long here?
[14:30] {bruce} you realize you left it to me alone to keep vadd from slipping into permanent coma?
[14:30] {magoo} tough assignment
[14:31] {bruce} you bet
[14:31] {magoo} u in anything bruce?
[14:31] {magoo} stalking anything??
[14:31] {bruce} just got back mags
[14:31] {bruce} lol
[14:32] {bruce} stalking my grill cheese sandwich
[14:33] {magoo} w/mustard?
[14:33] {magoo} vad, u in anything??
[14:34] {bruce} no- just pickles
[14:34] {bruce} kind of looks like big sellof coming vad
[14:34] {dptl} mrvl?
[14:35] {bruce} q's just broke yr low
[14:36] {bruce} yr to date that is
[14:36] {magoo} vad in coma, asked him twice bruce
[14:37] {bruce} sheesh - warned you
[14:37] {bruce} nvda possible short here
[14:37] {Threei} I am tempted to short RIMM
[14:37] {Threei} 95 break
[14:37] {curtisweese} go ahead i got out with only .10 profit....too nervous
[14:38] {curtisweese} thank god i did!!!
[14:38] {GeoArb} got the course cad... thanks
[14:38] {GeoArb} vad
[14:38] {GeoArb} heh
[14:38] {Threei} :)
[14:38] {bruce} sstop about 95.10 vad?
[14:38] {Threei} .15 for me
[14:39] {bruce} k
[14:39] {curtisweese} s RIMM too :)
[14:41] {Threei} feels like holding by fingernails
[14:43] {lumdus} has long fingernailes
[14:43] {Threei} die already
[14:43] {curtisweese} here we go
[14:43] {lumdus} where stop ?
[14:43] {Threei} 14:38] {Threei} .15 for me
[14:43] {curtisweese} at bottom
[14:44] {curtisweese} uh oh
[14:45] {curtisweese} .25 for me
[14:45] {lumdus} you risking alot curtis.
[14:46] {magoo} back, went to bank
[14:46] {lumdus} amzn and appl recovering a little. so be carefuls with rimm
[14:46] {Threei} oh well
[14:46] {bruce} out rimmsky
[14:46] {curtisweese} .15 cuz you scared me
[14:46] {bruce} bastard
[14:47] {Chaeron} say thank you to lum curtis :)
[14:47] {Threei} .50 next resistance
[14:47] {curtisweese} thanks, lum!
[14:48] {lumdus} welcoem. just watching you back buddy
[14:48] {bruce} watching vad - you make the call
[14:49] {curtisweese} darn i was long from from 95.02 range before we started talking!!!
[14:49] {Threei} need to see NQ weakening
[14:49] {bruce} too much strength
[14:49] {lumdus} this rally looks better then before. maybe we stay up and run.
[14:49] {bruce} \96 looks like next major to me
[14:49] {magoo} waytch for spikes up
[14:50] {lumdus} magoo a bunch of nervous people. nothing more or less.
[14:51] {lumdus} i am watching amzn to take if i need a stock for the ride up. it's still not down for the day.
[14:52] {magoo} two thoughts:
[14:52] {magoo} 1)who would want to hold long over weekend
[14:52] {curtisweese} s RIMM 95.69
[14:52] {magoo} 2) but short seems to obvious
[14:54] {curtisweese} out RIMM short +$.22
[14:55] {curtisweese} jeez slipped .11
[14:55] {curtisweese} market rally into close
[14:55] {curtisweese} ?
[14:56] {Threei} toss a coin
[14:56] {lumdus} dice rolling hold on.
[14:56] {cosmo} PSPT
[14:56] {cosmo} pspt for gutsy optimists
[14:57] {curtisweese} l RIMM 95.40....very tight stop at 95.20
[14:57] {curtisweese} i'm a careful
[14:57] {magoo} rev shark @ RealMoney thinks textbook crash setting up here and into monday
[15:00] {Threei} *JAN CONSUMER CREDIT: $6.9B V $7BE
[15:00] {Chaeron} London to pad lampposts due to too many people walking into them while texting
[15:00] {curtisweese} wow that was good timing!! out RIMM +$1.34!!!!! nice!!!!
[15:01] * magoo slaps curtisweese around a bit with a large trout
[15:01] {Threei} wtg curtis
[15:01] {curtisweese} 95.4 to 96.74 in a couple of minutes...jeez
[15:01] {bruce} congrats curits
[15:02] {dptl} gj
[15:02] {magoo} great exit too
[15:03] {lumdus} what a beautivul day
[15:04] {curtisweese} s RIMM 96.48
[15:05] {curtisweese} out RIMM short +$.23
[15:05] {curtisweese} whew!
[15:06] {bruce} you and lum should form a team curtis
[15:06] {magoo} u won't be allowed to use that rookie disclaimer much longer bud : )
[15:06] {bruce} the momo brothrs
[15:07] {curtisweese} i just don't want to screw anyone up
[15:07] {Threei} too late for us curtis
[15:07] {curtisweese} just b/c it works, doesnt mean i'm right
[15:07] {bruce} if it works it's right
[15:07] {bruce} just choose your battles
[15:08] {curtisweese} almost 3% return today and yesterday in down 6% in 2 days
[15:08] {lumdus} here we go again up ?
[15:09] {Threei} scalped 50 cents on RIMM faster than could blink
[15:10] {dptl} got to leave early ( my gang going to Ukraine got to help them to pack)have a good weekend everyone
[15:10] {Threei} have a good one dp, safe trip to them
[15:11] {dptl} ty
[15:11] {bruce} bye dp
[15:11] {magoo} bye
[15:11] {bruce} you took rim on 97 break vad?
[15:12] {Threei} caught .10 on little pullback
[15:12] {Threei} sold .59
[15:12] {magoo} caught .50 and exited .98
[15:12] {bruce} k doesn't show on 1 min but didn't seem like you to enter on a momo play well into move
[15:13] {cosmo} pspt healer
[15:13] {Threei} when it moves like this it has huge intertia
[15:14] {cosmo} ...into the weekend?
[15:14] {Threei} hard to put in words... gotta have this feeling coming from observing it
[15:14] {magoo} i just saw green bar forming QQQ at .50 and laid it out .98
[15:14] {cosmo} gappa?
[15:14] {lumdus} ir long reload ..
[15:14] {bruce} yes - see that
[15:14] {cosmo} ...hehe
[15:14] {Threei} not talking PSPT cos
[15:15] {cosmo} i understand ...sigh
[15:15] {curtisweese} s RIMM for scalp from .79 (i hope)
[15:16] {Threei} ALKS
[15:16] {Threei} forms DBI
[15:16] {magoo} what the hex that??
[15:16] * Threei slaps magoo around a bit with a large trout
[15:17] {curtisweese} i got out and made $20 only...but that is good since it spiked...whew
[15:18] {curtisweese} k, l RIMM again....98.06 looking for 98.58 or so
[15:18] {magoo} dam, only filled 100 shares on that break 98
[15:19] {Threei} great... first we learn Prozac doesn'rt work
[15:20] {Threei} now cough remedy
[15:20] {Threei} that's very depressing (cough cough)
[15:20] {Chaeron} oy
[15:21] {curtisweese} out RIMM +$.48
[15:22] {magoo} out .50
[15:22] {magoo} lol
[15:22] {curtisweese} wow slippage is scary with RIMM!
[15:22] {curtisweese} i lose like .10 every time
[15:25] {curtisweese} going l on RIMM once more time at 98.21
[15:25] {tomg} have a great weekend, everyone, see ya monday
[15:25] {tomg} and ty, vad, LLTC
[15:25] {Chaeron} bye tomg
[15:25] {Threei} have a good one tom
[15:26] {lumdus} and then we all fall down. i love this market. awesome stuff !!
[15:27] {curtisweese} out RIMM +$.15
[15:28] {curtisweese} s RIMM 98.18
[15:30] {lumdus} curtis, slow down. you goning to pay lot money in comission. go slow
[15:31] {curtisweese} good point.....+$.30 on that one
[15:31] {curtisweese} i only pay $7 per trade though
[15:32] {lumdus} so who will win the long or the shorts. what a nice fight
[15:33] {curtisweese} wow what a day
[15:33] {magoo} awesome reads curtis : )
[15:33] {lumdus} and now we go down .. ouch !
[15:38] {curtisweese} ballsy short would be RIMM below 97.50 or so......too close to close though
[15:39] {curtisweese} l RIMM 98.23
[15:40] {curtisweese} break 98.61 for big money....come onnnnn!!!!!
[15:45] {lumdus} curtis 15 mins left .. heads ups
[15:45] {curtisweese} shorts should cover and give me the pop i need ....come onnnnn!!!1
[15:47] {lumdus} you mean if they haven't figured out to cover already.. hmm,
[15:48] {Threei} well guys... we had onbe of the best weeks this year
[15:48] {Threei} aand in this market it means a lot
[15:49] {Threei} thank you all
[15:49] {lumdus} keep up the good work
[15:49] {Chaeron} thanks Vad... have a good weekend everyone
[15:49] {Threei} have a great relaxing weekend
[15:49] {magoo} ty vad..nice work
[15:49] {Threei} see you on Monday
[15:53] {curtisweese} great times! see you monday!
[16:08] {curtisweese} darn, now it goes up after hours....grrrrr knew i should have sat on it

Thursday, March 6, 2008

Mar 06 2008

Session Time: Thu Mar 06 00:00:00 2008

[08:40] {cosmo} gee
[08:41] {cosmo} so.... it's not my fault after all?
[08:41] {Threei} no... not this time at least :)
[08:42] {cosmo} couldn't sleep
[08:42] {Threei} tempted as I am to make it your fault...
[08:43] {cosmo} Winsock error message for 10022?
[08:43] {Raven}
3 it is cosmo's fault that he did not read his e-mail in time ...
[08:44] {cosmo} what email?
[08:44] {Raven}
3 see?
[08:44] {Threei} it could be it hasn't reached him
[08:44] {Threei} we need to go over all e-mails in database and update them
[08:44] {Raven}
3 sigh
[08:45] {Raven}
3 actually, I did not get any e-mail either
[08:45] {cosmo} i had to beg
[08:45] {Raven}
3 but I had alt server in my server list
[08:45] {Threei} and we have reference to reserve server right on the webpage, in red letters
[08:45] {Threei} but who is reading :)
[08:46] {Raven}
3 hear that cosmo ... RED LETTERS
[08:46] {cosmo} checking
[08:46] {Threei} can you get to the homepage?
[08:47] {cosmo}
[08:47] {cosmo} ?
[08:47] {Threei} yes
[08:47] {cosmo} don't see red
[08:47] {Threei} now, scroll down to list of products
[08:47] {Threei} click on Live Trading
[08:48] {Threei} to get to the trading room page
[08:48] {Threei} scroll down
[08:48] {Threei} till you see RED
[08:48] {cosmo} ah
[08:48] {magoo} THANX!!!!!!!!!!!!!!!!!!!!!!
[08:48] {Threei} welcome...
[08:48] {Threei} see? one more :)
[08:48] {magoo} i was using the period at end of yesterdays boss
[08:48] {magoo} 7044.
[08:49] {magoo} no worky
[08:49] {Threei} and RED LETTERS say: exactly as shown
[08:49] {Threei} spaces, slahes, periods, whole gamut
[08:49] {Raven}
3 R
[08:50] {Raven}
3 E
[08:50] {Raven}
3 D
[08:50] {Raven}
3 !
[08:50] {Threei} ye
[08:50] {Threei} s
[08:50] {Threei} dns is fixed, but it takes a little time for propagation
[08:50] {cosmo} i've heard that before...
[08:51] {Raven}
3 p r o p a g a t i o n !!!
[08:52] {cosmo} its a bureucratic term
[08:52] {cosmo} i think
[08:52] {Raven}
3 must be
[08:53] {cosmo} bureaucratic...that is
[08:53] {Threei} damn apparatchiks
[08:54] {magoo} i couldn't get in home page vad
[08:55] {Threei} hmmm... no worky for you?
[08:56] {magoo} correct, just tried it here off your link
[08:57] {magoo} no work
[08:57] {Threei} fine here... anyone else?
[08:58] {cosmo} EXAS
[08:59] {Threei} I believe you arew a victim of propagation magoo... should fix itself
[08:59] {cosmo} # Colorectal Cancer Screening Guidelines Released by the American Cancer Society Include EXACT Sciences' Stool DNA TechnologyBusiness Wire(Thu 8:51am)
[08:59] {cosmo} exas
[08:59] {dptl} good morning all
[08:59] {tomg} gm all
[08:59] {Threei} dp, tom :)
[09:06] {bruce} that was a fancy trick yesterday vad
[09:06] {bruce} anything to get me out of your hair for a day
[09:06] {Threei} lol
[09:07] {Threei} sorry bruce... I tried my best
[09:07] * bruce slaps Threei around a bit with a large trout
[09:07] {bruce} yeah - I know tough break
[09:07] {bruce} thanx any way
[09:07] {Threei} but you'll have to agree - I can't keep focusing all my energy on magoo
[09:07] {Threei} sometimes I have to make someone's else life misrebale
[09:07] {esemde} Ok....good morning all.....log on problems again this morning vad.....used the same thing you gave me yesterday
[09:07] {Threei} hi ese
[09:08] {bruce} magoos in good shape - got all that beer to himslef for moment
[09:08] {GeoArb} good morning all
[09:08] {esemde} geo
[09:08] {Threei} yeah, dns propagation is underway
[09:08] {Threei} geo :)
[09:08] {bruce} hey geo
[09:08] {Threei} gotta see how exas trades
[09:08] {Threei} one of those that may consolidate for a while, then break and turn into runaway train
[09:09] {bruce} since I couldn't logt in - would imagnine yesterday was best in months
[09:09] {Threei} as tempted as I am to say "best day of my trading career"... it was ordinary :)
[09:09] {Threei} several nice winners, couple stops
[09:10] {Threei} positive on summary, nothing outstanding
[09:11] {bruce} k
[09:12] {Threei} but be aware
[09:12] {Threei} it took me considerable effort not to tease you, and just say the truth
[09:12] {magoo} news EXAS?
[09:12] {bruce} amazing self control this am vad
[09:13] {cosmo} # Colorectal Cancer Screening Guidelines Released by the American Cancer Society Include EXACT Sciences' Stool DNA TechnologyBusiness Wire(Thu 8:51am)
[09:13] {Threei} need to funnel somewhere urge to tease...
[09:13] {Threei} there:
[09:13] {Threei} dptl... calf you befriended this last Sunday said hello
[09:14] {cosmo} TDRA
[09:14] {cosmo} TSRA
[09:14] {cosmo} 15.80 so far
[09:15] {Threei} EXAS news not on all wires
[09:15] {Threei} I don't have it
[09:16] {dptl} :)
[09:16] {Threei} look at TMA
[09:18] {dptl} smsi news?
[09:19] {Threei} 08:39am [SMSI] Price Target lowered to $9 from $14 at Needham; Maintains buy rating
[09:19] {bruce} is the trin available to us through laser vad?
[09:19] {Threei} 03/05/08 04:05pm [SMSI] Reports Q4 $0.25 v $0.21e, R $20M v $20.6Me
[09:19] {dptl} ty
[09:20] {Threei} I don't see it in technical indocators bruce
[09:20] {bruce} k
[09:20] {bruce} I had it on my old platform
[09:20] {bruce} I noticed that somtimes it would get rangebound
[09:21] {bruce} and whenit broke to one side or other there would often bea bigmarket spike
[09:21] {dptl} try $trin
[09:21] {bruce} we seeing a lot of spikes lately mid day
[09:21] {Threei} hmmm... that should work
[09:21] {Threei} thanks dp
[09:22] {bruce} would be nice if we had some way to play them and see em coming
[09:22] {Threei} just don't take it as any kind of holy grail
[09:22] {bruce} thanks dp - works
[09:22] {bruce} course not
[09:22] {dptl} :)
[09:22] {bruce} no such thing in trading
[09:22] {Threei} bollinger bands tightening will give you rthe same indication of spike coming
[09:23] {Threei} CPST
[09:23] {Threei} RECEIVES ORDER FROM ITALIAN HYBRID ELECTRIC BUS MANUFACTURER-Co announced that it received an order for 15 microturbines to be deployed in 12 hybrid electric buses in the Abruzzi region of Italy and 3 for the Ministry of the Protection of the Environment.
[09:23] {Threei} am I allowed to say hahaha?
[09:24] {Threei} or only after I sell it for profit?
[09:24] {esemde} please now Vad......only after you sell for a profit.......
[09:25] {Threei} sigh... OK
[09:25] {Threei} morning of strict discipline and self-control for me it seems
[09:26] {esemde} some semblance of decorum now!!!
[09:26] {Threei} hehe
[09:26] {Threei} now, I just hope it wasn't a run on a leak before news
[09:26] {Threei} and it goes for real
[09:27] {esemde} big shares ASML going across tape
[09:27] {bruce} you're long it laready vad?
[09:27] {Threei} took it yeaterday for a swing bruce
[09:27] {bruce} k
[09:27] {Threei} 2.02
[09:27] {magoo} keep in mind EXAS is avail short.not that i want to
[09:28] {Threei} obviously a lot of people still can't log in
[09:28] {Threei} I just don't know what else I can do beyond e-mailing and posting reserve server on a website
[09:29] {Threei} short of personal visits to each trader of coirse
[09:30] {Threei} any kind of call on EXAS will be extremely risky... warning in advance
[09:30] {Threei} so I don't have to do it every time
[09:30] {magoo} CSIQ still partying
[09:32] {esemde} SMSI bstop 6.67
[09:32] {Threei} EXAS doesn't want to give us pullback?
[09:33] {bruce} nvda short setup vad?
[09:34] {Threei} not sure bruce... this is rather maarket preparing for another leg up
[09:35] {bruce} k
[09:35] {magoo} oh, btw.....................
[09:35] * magoo slaps bruce around a bit with a large trout
[09:35] {Threei} CSIQ this pullback if you are looking for long on it
[09:36] {magoo} .80 area?
[09:36] {bruce} thats the magoo I know
[09:36] {esemde} Hmmmmmm might go short SMSI
[09:36] {magoo} better as pullbk than breakout vad?
[09:36] {Threei} oh yeah
[09:37] {Threei} typical pullback stock, kills you on most breaks if you attempt for them
[09:37] {magoo} JOYG pushing up
[09:38] {magoo} not in
[09:39] {bruce} no luck w trin dp -shows as daily - but no minute charts work
[09:40] {bruce} aapl breaking yesterdays high
[09:41] {magoo} EXAS pulls now..but could go lower
[09:42] {bruce} out aapl + .30 momo trade
[09:43] {esemde} Bstop SMSI invalidated 1min opening range below .40
[09:44] {Threei} CPST new 52 week high
[09:45] {bruce} you catch csiq mags? - was waiting at .70
[09:46] {magoo} no, scary..yesterday pulled back hard
[09:46] {magoo} but hey, it was a runner too
[09:47] {Threei} out first 2K at 2.20
[09:47] {bruce} got yu
[09:48] * magoo slaps Threei around a bit with a large trout
[09:48] {Threei} stop for the balance 1.99
[09:48] {magoo} god dam overniters he he
[09:48] {Threei} hey... what what that for... I honestly alerted
[09:48] {esemde} that would be a right on!! Vad...
[09:49] {Threei} [15:19] {Threei} I took some CPST at .02
[09:49] {Threei} [15:19] {Threei} stop .84
[09:49] {Threei} [15:19] {Threei} ready to hold overnight to see what this all is about
[09:51] {bruce} anik vad? trend looks good - nasty spread
[09:51] {magoo} are we down 72? laser off sometimes
[09:52] {bruce} nah - not enough volume - sorry
[09:52] {Threei} looks like mags
[09:53] {magoo} ty
[09:53] {Chaeron} hi all
[09:53] {Threei} chaeron :)
[09:53] {magoo} hey chaer
[09:54] {bruce} hey chaeron
[09:55] {bruce} cpst setting up for brak vad
[09:57] {Threei} EXAS doesn't really look like a runner... but still keeping an eye on it
[09:59] {Threei} JAN PENDING HOME SALES: 0.0% V -1.0%E
[10:01] {magoo} hard sell here
[10:01] {Threei} *Q4 MORTGAGE DELINQUENCIES: 5.82 %V PRIOR 5.59%
[10:01] {Threei} hard to imagine that's what caused selling
[10:01] {Threei} not exactly news
[10:02] {ThurstonHowellTheThird} gm all
[10:02] {Threei} hi THTT
[10:02] {magoo} and how is mrs. howell today?? lol
[10:02] {Chaeron} *&%%^%$... punched in TTHT looking for break of "hi"
[10:03] {ThurstonHowellTheThird} she's sleepin with Gilligan :(
[10:03] {magoo} and the skipper too
[10:03] {Threei} NVDA would have worked bruce...
[10:03] {Threei} I was wrong on it
[10:03] {bruce} lol - good one mags
[10:04] {bruce} yeah - watched it vad - you didn't have read down so thats OK
[10:04] {magoo} bruce,,see CSIQ?
[10:04] {magoo} careful with it
[10:05] {bruce} just checked it mags
[10:05] {bruce} tricky pos
[10:05] {bruce} we could try long on possible stenght
[10:05] {bruce} read on it vad?
[10:08] {bruce} l csiq .71
[10:08] {bruce} stop .50
[10:08] {magoo} man vad..down 120 and AAPL up
[10:09] {Threei} bruce, this is the right way to play it overall
[10:10] {Threei} exact entries on it are rarely possible to read
[10:10] {Threei} .50 break is probably buyable on AAPL magoo
[10:11] {Threei} with .25 as stop/invalidating level
[10:12] {Chaeron} niiiice
[10:12] {magoo} missed , went no fill
[10:12] {Threei} pulled back
[10:13] {Chaeron} same mags
[10:13] {magoo} i pulled fill is all
[10:13] {Threei} it gave second chance after break, got to .48
[10:14] {bruce} exited csiq flat - don't like hesitation
[10:14] {Threei} third chance don't try
[10:14] {magoo} true,,but i figured that pop was your play, so cvanx order
[10:14] {Threei} if you went for second it;a fine
[10:14] {Threei} but third retest I don't like
[10:15] {magoo} cnbc AAPL
[10:15] {magoo} new product today
[10:15] {Threei} 1:1
[10:21] {Threei} EBAY long here
[10:21] {Threei} .81 - .82
[10:21] {Threei} stop .69
[10:22] {magoo} in
[10:23] {magoo} i like csiq here long...risjy
[10:23] {bruce} yeah - showing some strength now mags
[10:23] {bruce} if you
[10:23] {bruce} still in aapl nice win vad
[10:24] {Threei} let's tighten EBAY to .74
[10:24] {Threei} I'd expect bigger spike on that NQ run, prefer to be safe
[10:24] {Threei} you still holsing it bruce?
[10:25] {Threei} wow
[10:26] {bruce} no_ i missed it vad
[10:27] {Threei} oh :(
[10:33] {Threei} my plan for EBAY is to keep stop at .74 for now, to partial out at 1:1, trail stop to the level undetermined yet, see if we get real rally and EBAY over yesterday's high 27.13
[10:33] {Threei} aimm you made it :)
[10:33] {aimm} yes
[10:34] {aimm} thank you
[10:34] {Threei} always
[10:35] {magoo} u got full lot EBAY?
[10:35] {magoo} or DL?
[10:35] {Threei} watching this AAPL little pullback for stop level on .46 break
[10:35] {bruce} youyou in csiq mags?
[10:35] {GeoArb} whats the average full lot?
[10:35] {bruce} I'm thinking break orf 23
[10:35] {bruce} 50 k geo
[10:35] {magoo} yes, from earluier .87
[10:35] {GeoArb} :)
[10:35] {bruce} k good entry
[10:35] {Threei} full mags, wanted double but changed my mind
[10:36] {Threei} dunno why
[10:36] {Threei} geo, that depends on one's risk tolerance
[10:36] {Threei} you'll find etailed instructions in MPP
[10:36] {GeoArb} ok... yeah hoping to get it in a few days
[10:37] {Threei} .20 support on AAPL guys
[10:38] {Threei} break of .50 should start next leg
[10:38] {GeoArb} just sent my funding and paperwork over
[10:39] {GeoArb} will do 100shares till i see some consistency
[10:42] {dptl} stopped ebay
[10:42] {Threei} yup
[10:42] {bruce} 20 support no longer valid for aapl vad
[10:42] {bruce} if we do .50 break we have a 50 stop
[10:42] {Threei} market drop took AAPL lower bruce, but AAPL actually held better than this drop would have one to expect
[10:43] {Threei} play strcture is likely to be different but idea is still there
[10:43] {Threei} I'll yell if/when it shapes up
[10:43] {Threei} glad we tightened EBAY
[10:43] {bruce} yes = it can definitely move higher - we just need to pick entry w small risk
[10:44] {Threei} would have hit initial stop anyway
[10:45] {bruce} we could try a pullback entry if it bounces near 126.8
[10:45] {bruce} any thoughts on that?
[10:45] {Threei} friking NQ spliked sharply
[10:45] {Threei} I was more tuned into .50 support
[10:46] {GeoArb} vad do you get your nq data through laser too?
[10:46] {Threei} but wolves decided otherwise
[10:46] {Threei} yes geo but NQ is separate pay
[10:46] {GeoArb} yeah
[10:46] {Threei} I'd advise to use free proxy for now
[10:46] {Threei} don't spend more than you have to
[10:46] {bruce} k thanx vad
[10:46] {GeoArb} cme emini sub
[10:46] {Threei} $NDX, QQQQ
[10:47] {GeoArb} i get it for free through thinkorswim
[10:47] {Threei} they all will work good enough as a proxy
[10:47] {GeoArb} just need to open diff platform
[10:47] {bruce} csiq triggered then faded- starting to look like short to me mags
[10:48] {magoo} tough one bruce
[10:48] {bruce} yes - coin flip time
[10:49] {bruce} I dumped -.15 waiting to see what happens now
[10:49] {Threei} AAPL .10 long if holding above .85
[10:51] {Threei} 2 cents shy of 1:1? come on...
[10:54] {dptl} cpst at .23?
[10:54] {Threei} as a new entry?
[10:54] {bruce} in aapl .99 out .20
[10:54] {dptl} yes
[10:54] {Threei} with .14 stop...
[10:55] {Threei} hard to tell what chance of working it has
[10:55] {magoo} waiting .38 aapl
[10:55] {Threei} stop .89 AAPL
[10:55] {dptl} ok ty
[10:57] {Threei} I am trailing my balance to 2.09
[10:58] {Threei} out half AAPL
[10:58] {Threei} greed gets better of me
[10:58] {Threei} stop .99
[11:00] {Threei} AAPL, would you break that .50 for me please?
[11:00] {Threei} {AAPL} do I know you?
[11:00] {magoo} just say please
[11:01] {Threei} see, it's not that bad when you talk to stocks... it's when they start talking back to you that is troublesome...
[11:01] {Threei} CPST, my little beauty
[11:02] {bruce} they talk to me all the time vad
[11:03] {Threei} luckily however dialogs with stocks is a whole extent of my torubles so far... ain't seen no little green men
[11:03] {bruce} usually its something like - There tricked you again!
[11:03] {GeoArb} curious.....did you find cpst on the scanner?
[11:03] {Threei} yesterday, yes
[11:03] {GeoArb} ok
[11:03] {Threei} as it hit 52 week highs
[11:04] {Threei} Ok AAPL { i goty
[11:04] {Threei} greed is not rewarded today
[11:05] {Threei} anyway, +.30 on first haf and -.12 on second - I can live with it
[11:05] {magoo} stopped CSIQ .80
[11:07] {Threei} dfirst sign of strength in NQ, AAPL is a scalp long
[11:07] {Threei} gotta be frikin fast
[11:09] {Threei} anyone managed to get it in .70s?
[11:09] {Threei} don'r chase and don't oversit
[11:09] {Chaeron} no and I won't
[11:09] {bruce} no - wanted it closer to .50
[11:12] {bruce} notmuch bounce to aapl
[11:13] {Threei} just a scalp if enter in .70, then NQ drops again
[11:13] {Threei} I'd leave it alone for now, too fast
[11:14] {Threei} .49 short
[11:14] {Threei} .65 stop
[11:15] {Threei} 1:1 and more
[11:17] {Threei} second exit chance AAPL if missed first time
[11:18] {Threei} don't oversit, bounce will be violent
[11:19] {magoo} wheres the aapl long truigger
[11:19] {Threei} none
[11:19] {Threei} not at the moment
[11:20] {magoo} i want to profit off that violewnt bounce
[11:20] {bruce} looks like it can still drop mags
[11:21] {Threei} it's up over 30 cents from low... you want more violence? :)
[11:22] {bruce} you planning to put those boots to workvad?
[11:23] {Threei} on what?
[11:23] {Threei} give me stock, I'll see :)
[11:23] {bruce} lol
[11:24] {bruce} big rimm retrace
[11:24] {bruce} any thoughts on long try?
[11:24] {Threei} let me observe it a little
[11:24] {Threei} there is some disconnect in hiow it trades
[11:25] {Threei} need to get5 a feel what it's about
[11:25] {bruce} we missed the bounce
[11:25] {bruce} worth watching though
[11:28] {magoo} i see COIN back at it
[11:29] {Threei} and lum hinted I was crazy when I liked it under 14
[11:29] {magoo} vad, what are your thoughts wuith mkt in..wants to go gfreen today or crash?
[11:30] {Threei} OK, RIMM .15 long if stays above .85
[11:30] {Threei} nice try magoo
[11:30] {magoo} DL?
[11:30] {Threei} triple
[11:30] {Threei} in fact, sell the farm
[11:30] {Threei} and family
[11:30] {Threei} and go in full margin
[11:30] {Threei} loan from neighbours too
[11:31] {magoo} in, wife kids everything
[11:31] {Chaeron} in,
[11:34] {bruce} .85 isour stop in rimm?
[11:34] {Threei} initial, yes
[11:34] {Threei} trailing is discretionary here
[11:34] {Chaeron} got those boots on for this one Vad?
[11:34] {Threei} nope
[11:34] {Threei} it kicks back
[11:35] {Chaeron} never been scared before.... :)
[11:36] {Threei} ok NQ, break 1759 please
[11:37] {Threei} 1:1 RIMM
[11:37] {Threei} your choice
[11:37] {Threei} scalp or half
[11:37] {Chaeron} 1/2 at .36
[11:38] {magoo} out here .51
[11:38] {magoo} full
[11:38] {Threei} out .65
[11:38] {magoo} RATS
[11:38] {Chaeron} .63
[11:38] {magoo} nice
[11:39] {Chaeron} and happy... many thanks Threei
[11:39] {magoo} AAPL vad??
[11:39] {bruce} out rimm +.46 - thanx vadster!
[11:39] {Threei} welcome chaeron
[11:39] {Threei} bruce :)
[11:39] {bruce} nice un
[11:39] {magoo} TY BOSS, i was in .08
[11:39] {magoo} can't figure it out
[11:39] {magoo} up tho
[11:39] {bruce} even if was less than .50 win
[11:39] {Threei} when they work, they work... when they don't we keep stops tight
[11:39] {GeoArb} really nice
[11:40] {Chaeron} RIMM +.20 and +.47. sweet
[11:40] {GeoArb} I need to call up the postoffice demanding my videos
[11:40] {GeoArb} :)
[11:40] {magoo} figure mine chaer
[11:40] {Threei} do that consistently, don't watch your P?L while in trade, trade off chart - you will be amazed how they add up
[11:40] {magoo} thats my point'
[11:40] {magoo} in 08, out .51
[11:40] {bruce} you got mags sending you videos geo?
[11:40] {Threei} you checked by tracking number, geo?
[11:40] {GeoArb} yes
[11:40] {magoo} uh, um.,,,carrty the 3...ujh.
[11:41] {bruce} don't let wife see them
[11:41] {GeoArb} doesnt say anything beyond processing at richmond
[11:41] {Chaeron} .43 mags :)
[11:41] {GeoArb} seems doesnt track usa
[11:41] {Chaeron} +0.43
[11:41] {magoo} how u figure?? LOL
[11:41] {Chaeron} .51 - .08 = .43
[11:41] {Chaeron} *sigh*
[11:42] {Threei} RIMM, long here with .25 stop
[11:42] {Threei} so so trade
[11:42] {Threei} but risk is so small
[11:42] {Threei} it pulled back into support too neatly to ignore
[11:49] {magoo} hit one..miss one today
[11:50] {magoo} can't stay up
[11:51] {ThurstonHowellTheThird} sound like my sex life :(
[11:51] {Threei} a bit more information than we cared for
[11:51] {magoo} oh..that xplains gilligan and skipper too
[11:51] {Threei} rofl
[11:51] * Threei slaps magoo around a bit with a large trout
[11:51] {bruce} sory thurston - god hing you got gilligan for help
[11:52] {ThurstonHowellTheThird} lol
[11:52] {Threei} meanies
[11:52] * Laserdave1 slaps magoo around a bit with a large trout
[11:52] {Threei} and bullies
[11:53] {bruce} bullies - thats your job with them big boots vadster
[11:54] {Threei} RIMM short with stop above 101
[11:54] {Threei} ugh
[11:54] {Threei} downticked quickly
[11:54] {Threei} OK, back into safe zone
[11:54] {magoo} 102 boss
[11:54] {Threei} yeah
[11:55] {Threei} got .92
[11:55] {magoo} if naz powers up
[11:55] {Threei} then it won't work
[11:55] {magoo} entry u got
[11:55] {Threei} [11:55] {Threei} got .92
[11:56] {Threei} 10 cents stop? {shrug}
[11:56] {magoo} oops sorry, was looking at porn
[11:56] {Threei} 1;1 btw
[11:56] {Threei} of course you were
[11:56] {Chaeron} that's a given
[11:56] {Threei} hmmm
[11:56] {Threei} not going up with NQ spike
[11:57] {Threei} if works, I may try to partial and hold onto half
[11:57] {Threei} if it loses .50 should be good
[11:57] {Threei} half out
[11:58] {Threei} .70, over 1:2
[11:58] {Threei} same stop
[11:59] {Chaeron} Moscow has overtaken New York City as home to the most billionaires, according to Forbes magazine, with 74 of the super-rich elite now counting the Russian capital as their home.
[11:59] {bruce} wow - never would have guessed that chaeron
[12:00] {Threei} EXAS, break of .40 half lot long, stop under .20 - only for adrenalin deprived
[12:01] {Threei} out RIMM in full +.50
[12:02] {Threei} what, no takers?
[12:02] {Chaeron} missed
[12:02] {Threei} come on guys... 10 cents stop, second chance for entry
[12:02] {bruce} missed it vad - offered at .95
[12:02] {Threei} do they get any better than that?
[12:02] {magoo} i did
[12:02] {Threei} why offer bruce?
[12:02] {Threei} why not hit the bid?
[12:02] {magoo} but out too early .65
[12:02] {magoo} ty
[12:02] {Threei} 2-3 cents difference
[12:03] {Threei} immaterial for a stock like RIMM
[12:03] {magoo} [12:02] {magoo} i did
[12:03] {bruce} probably should have on that play - aways try to keep stops as small as possible
[12:03] {magoo} 12:02] {magoo} but out too early .65
[12:03] {Threei} thank you magoo
[12:04] {magoo} i always go whica if u remind me
[12:04] {magoo} so u know u not wasting your efforts
[12:04] {Threei} good to know
[12:05] {magoo} but like i was saying other day.for instance.i may get going onto others and forget your exas call
[12:06] {magoo} if u quickly put in room when u going i would appreciate
[12:06] {bruce} \vad- aapl long here?
[12:06] {Threei} nah
[12:06] {Threei} bounce on low volume right into resistance
[12:06] {Threei} if anything it's a short
[12:09] {magoo} in out
[12:09] {magoo} no kidding
[12:09] {magoo} sh aapl 126
[12:09] {magoo} coverd .83
[12:09] {Threei} why not
[12:09] {magoo} off vads
[12:09] {magoo} [12:06] {Threei} if anything it's a shor
[12:09] {Threei} easy money
[12:09] {magoo} EASY button
[12:10] {magoo} but one here to hear it
[12:10] {magoo} if an easy button goes off in an office with noone there.......does it make a sound}???
[12:10] {patience} you missing dino, magoo?
[12:11] {magoo} yeah.all the beers gone..his responncibilkity to keep fridge stocked
[12:11] {magoo} mine to empty it
[12:11] {patience} well, you've done your duty then
[12:12] {patience} just have some beer delivered in dino's absence and charger it to him. seems fair
[12:12] {Threei} AAPL's death was fast and horrible
[12:13] {magoo} scalpers regrett
[12:13] {Threei} RIMM did exactly same thing, bounced into resistance on low volume... but I was hesitant to go to the same well too many times
[12:13] {Threei} (idiot)
[12:14] {Threei} nearest resistance is .20 RIMM
[12:15] {Threei} sewe if it can get close to it for a tight stop on lower volume, then NQ drop pulls rug from under it again
[12:17] {bruce} looks like q's bounced here yesterday vad
[12:17] {bruce} may take a couple tires before another break works
[12:18] {magoo} sue herrarra looks like mrs santa clause today
[12:18] {GeoArb} AP: The Fed says Americans' percentage of equity in their homes has fallen below 50 percent for the first time on record since 1945.
[12:21] {bruce} rimm closing in on .20
[12:22] {Threei} hmmm
[12:22] {Threei} it went a bit too low last time around
[12:22] {bruce} we're waiting for weakenss to short?
[12:22] {Threei} not sure setup is still valid after that long
[12:22] {bruce} k- I'm a bit nervous aboutshort now
[12:22] {Threei} don't know bruce, it's completely different situation now
[12:23] {GeoArb} i am off to work.... good trading to all
[12:23] {Threei} look at the chart at the moment of alert, cover this last spike with sheet of paper
[12:23] {Threei} you'll see clean bear flag
[12:23] {Threei} but if you take that cover away, it's a very different chart now
[12:25] {magoo} bye Geo
[12:26] {bruce} I thought bear flag was sharp drop w a trangle type formation - I don't see that
[12:26] {bruce} do see the steady down trend though prior to this retrace
[12:26] {Threei} flag is retracement
[12:27] {Threei} 12:12 - 12:16 is a flag
[12:27] {bruce} k- got you - in that case we should haveseen weakenss at .20
[12:27] {bruce} deifinitley diferent story now
[12:33] {bruce} q's huging lows again
[12:39] {Threei} feels more like bounce coimng this time
[12:39] {Threei} RIMM probably worth a tgry, very close to support
[12:39] {magoo} say whjen
[12:39] {Threei} in
[12:39] {Threei} stop .90 or so
[12:39] {Chaeron} in
[12:40] {magoo} in
[12:40] {Threei} come on NQ jump
[12:40] {magoo} short right?
[12:40] {Threei} RIMM crossback over 101 should be it
[12:41] {Threei} hmm?
[12:41] {Threei} what short
[12:41] {Threei} [12:39] {Threei} feels more like bounce coimng this time
[12:41] {Threei} but hey... if you are short, we are hedged
[12:41] {Threei} one of us will make money
[12:41] {Chaeron} I'm long
[12:41] {magoo} im long
[12:42] {Threei} NQ higher low... work you lazy donkey
[12:42] {Threei} good boy, now break 1740
[12:43] {Threei} 1:1 btw, lol
[12:43] {magoo} waiting .27
[12:43] {Threei} half out +.16
[12:43] {magoo} out
[12:43] {magoo} TY
[12:44] {magoo} EASY buttom
[12:44] {Threei} out in full .40
[12:44] {Threei} +.36
[12:44] {bruce} out rimm +.25
[12:44] {bruce} thanx vad
[12:44] {magoo} NICE
[12:44] {Threei} was that easiest trade ever on RIMM or what
[12:44] {magoo} + .27
[12:44] {bruce} should have held for a bit more
[12:44] {Threei} welcome guys
[12:44] {Chaeron} out RIMM +.34
[12:44] {Chaeron} thank you again Threei
[12:44] {Threei} welcome sir
[12:44] {magoo} and look at your room response vad
[12:44] {Threei} ah finally someone follows
[12:44] {magoo} should make u feel proud
[12:45] {magoo} followed and exited like precision soldiers
[12:45] {Threei} wait for me, I need to go to the mirror and pat myself on the back
[12:45] {Threei} oops... dislocated shoulder
[12:46] {bruce} had q's level 2 up - intersting to see rimm powe up same time pressure moved to buy side on q's
[12:46] {Threei} now magoo... next post may p*ss you off
[12:46] {Threei} but here goes:
[12:46] {Threei} EXAS almost at 1:1
[12:46] {magoo} GOD DAMMIT
[12:46] {magoo} IT DOES
[12:46] {Threei} LOL
[12:46] {Threei} I knew it
[12:46] {magoo} u F'er
[12:47] {magoo} WHY CAN"T u giver me heads
[12:47] {magoo} UP
[12:47] {bruce} lucky for you mags is beingpolite - gentleman that he is
[12:48] {Threei} what else is new {G}
[12:48] {magoo} [12:05] {magoo} but like i was saying other day.for instance.i may get going onto others and forget your exas call
[12:48] {magoo} [12:06] {magoo} if u quickly put in room when u going i would appreciate
[12:48] {magoo} no problem here..but did miss it
[12:49] {magoo} gggrrrrrrr
[12:49] {magoo} i think vad now is getting a enjoymt out of me missing them
[12:49] {bruce} yhat was nice - but small bounce in rimm vad
[12:49] {Chaeron} how many hands and keyboards do you think 3i has? LOL
[12:49] {bruce} any thoughts on a short - looks like market may breakdown
[12:49] {magoo} 3
[12:50] {Threei} I am not magoo
[12:50] {magoo} did u get exas bruce, chaer??
[12:50] {Threei} but let's keep labor ceparation
[12:50] {Threei} you don't want my workload
[12:50] {Threei} just to give you an idea:
[12:51] {Threei} how many charts do tyou think I look at from scanner alerts to come up with one call?
[12:51] {magoo} no, u doing great job..REALLY...i just miss one of themn every day while i am occuppied in my spelling class
[12:51] {bruce} no mags - say it again too late - had passed trigger
[12:51] {Threei} less porn may help...
[12:51] {bruce} was pretty sure vad would tease you with it
[12:52] {bruce} you're on fire today vad
[12:52] {Threei} just highlighted how call goes... magoo-teaser was but a bonus
[12:52] {magoo} ahhhhhhh..but must u enjoy it ssssssoooooo ......soooooooo much?
[12:53] {Threei} generally, I don't do things I don't enjoy... :)
[12:53] {Threei} if you watched that videointerview of mine, I touched on that at the end
[12:53] {Threei} when asked why I bother with speaking gigs, writing books etc
[12:54] {Threei} sooo... who didn't watch it, that's your homeqwork assignment for after market today
[12:55] {bruce} selloff here vad?
[12:55] {magoo} i missed it
[12:55] {Threei} tough one bruce... more likely than not but not enough conviction for me
[12:55] {Threei} missed what mags?
[12:55] {magoo} video?
[12:55] {Threei} right on the homepage
[12:56] {Threei} it's a long one, about 45 minutes I think... so leave it for aftermarket unless you intend to refrain from trading nearest hour
[13:01] {dptl} ah.. out exas +.13 ty
[13:01] {Threei} welcome... paying attention pays off :)
[13:03] {magoo} that does it...............................................
[13:03] * magoo slaps Threei around a bit with a large trout
[13:03] * magoo slaps dptl around a bit with a large trout
[13:03] * magoo slaps Laserdave1 around a bit with a large trout
[13:03] * magoo slaps esemde around a bit with a large trout
[13:03] * magoo slaps cosmo around a bit with a large trout
[13:03] * magoo slaps Chaeron around a bit with a large trout
[13:03] * magoo slaps bruce around a bit with a large trout
[13:03] * magoo slaps aimm around a bit with a large trout
[13:03] * magoo slaps Raven around a bit with a large trout
[13:03] * magoo slaps tomg around a bit with a large trout
[13:03] {Threei} ah, that was worth it
[13:03] * magoo slaps ThurstonHowellTheThird around a bit with a large trout
[13:04] {Threei} there was no single moment of it that wouldn't be fun
[13:05] {Threei} watching RIMM for long
[13:05] * bruce slaps magoo around a bit with a large trout
[13:05] * bruce slaps magoo around a bit with a large trout
[13:05] {bruce} again
[13:05] * bruce slaps magoo around a bit with a large trout
[13:06] {Threei} in
[13:06] {bruce} a third time
[13:06] {Threei} stop .39
[13:06] {bruce} for good luck
[13:06] {magoo} in
[13:07] {Threei} half out +.20
[13:07] {Threei} stop .49
[13:08] {magoo} out .78 TY, + .21
[13:08] {Threei} :)
[13:08] {bruce} out rimm +.12
[13:09] {Threei} out balance
[13:10] {Threei} greed has no place during lunchtime
[13:10] {Threei} wow
[13:10] {Threei} that's one mean move
[13:10] {bruce} actually vad - it's exactly what I expected
[13:11] {Threei} why no short then?
[13:11] {bruce} final break after playing around and a 1 buck move
[13:11] {esemde} Done alot of watchin this mornin and not much doin.......but I must bid you all adeux....see ya tomorrow
[13:11] {Threei} take care ese
[13:11] {bruce} don't trust my reads vad
[13:11] {bruce} prefer when they align w yours
[13:12] {Threei} ohhhhh
[13:12] {Threei} that's new related
[13:12] {bruce} we've been seeing a lot of these moves though
[13:12] {bruce} big spikews up and down
[13:12] {Threei} sh*t.. I should have read this more carefully:
[13:12] {bruce} rying to figure out how to anticipate them
- Q4 Puts iPhone as 28% of smartphone market, 71% of US browser market
[13:12] {Threei} - CEO of CRM says will be one of four applications to be demonstrated on the iPhone {
[13:12] {bruce} we can make good coin
[13:13] {Threei} that's what is killing RIMM
[13:14] {bruce} k
[13:14] {bruce} I'm seeing aapl didn't follow
[13:14] {Threei} exactly
[13:14] {Threei} it's not market=related move, it's RIMM sopecific
[13:14] {Threei} case where news makes a stock independent
[13:15] {bruce} yep
[13:15] {Threei} and since it was news about AAPL, took market a few to decode what it means for RIMM
[13:15] {magoo} RIMM had a violent falloff yesterday too..i know..i tried to catch it twice..hands in bandages
[13:15] {magoo} typing w/tongue
[13:16] {bruce} thoughts on rimm bounce here ?
[13:16] {bruce} you played it great yesterday mags
[13:16] {bruce} nice 60 or 790 c move end of day for you
[13:16] {Threei} don't know... shock like this throws off normal patterns
[13:17] {magoo} yeah..but i had posted my 2 misses also..not specifics..but mentioned that it got me twice on fall
[13:17] {bruce} k - am thinking .50 will hold - but we can see if nice bottom forms
[13:18] {magoo} my best call yesterday was when i took csiq long and said holding to 23 atr 2;30 pm
[13:19] {magoo} vad knew of it, like .65 cents
[13:19] {magoo} then reloaded it to the bell and got 22.11
[13:19] {bruce} k- small potatoes for you then mags
[13:19] {magoo} at the bell, filling while dinging
[13:20] {Threei} RIMM is trying for double bottom
[13:20] {Threei} or breakdown
[13:20] {magoo} nmo, not that..just saying..i think i had a real good feel on csiq yesterday
[13:20] {Threei} make your pick
[13:20] {magoo} better than my others..
[13:21] {Threei} 50/50 here chance wise
[13:21] {Threei} so it's a matter of tight stop
[13:21] {magoo} let naz go up if long firsty
[13:21] {magoo} naz still rolling
[13:22] {Threei} RIMM chose breakdown
[13:22] {Threei} helped by NQ
[13:22] {bruce} yep
[13:22] {bruce} aapl should follow this time
[13:22] {Threei} meanwhile all is good in EXAS kingdom
[13:23] {Threei} oblivious to the world
[13:24] {bruce} yeah - just keep rubbing it in vad
[13:24] {bruce} vadsters got 30 k of it
[13:24] {Threei} just 2
[13:24] {bruce} thats a half lotgeo
[13:24] {Threei} and 1 is off the table
[13:24] {Threei} offering another at .85
[13:24] {magoo} your pushing your luck lil man..... {soup nazi}
[13:25] {bruce} watch out for them boots mags
[13:26] {bruce} beauty selloffs in aapl and rimm
[13:26] {Threei} someone yelled fire in the cinema?
[13:27] {Threei} exit doors are really crowded
[13:28] {magoo} naz bounce
[13:29] {magoo} wow..not much of a bounce
[13:29] {bruce} q's still selling off mags
[13:29] {magoo} we did a green bar
[13:29] {magoo} but sheesh
[13:29] {bruce} best to wait for any long tries
[13:37] {dptl} yhoo?
[13:47] {bruce} possible longplay in aapl here
[13:47] {bruce} any read vad?
[13:48] {magoo} man..can't believe i missed that 2 point bounce..a tenant came in 2 pay me rent
[13:48] {bruce} you talking rimm mags?
[13:49] {Threei} not sure bruce
[13:49] {bruce} k- thanx vad
[13:49] {Threei} kind of "up rather than down but exact play is vague"
[13:50] {bruce} I was thinking .70 break with stop to .45
[13:50] {bruce} a bit bigger stop than I'd have liked
[13:50] {bruce} too late now anyway
[13:53] {bruce} taking break
[14:18] {magoo} .
[14:18] {magoo} back
[14:19] {Threei} you left?
[14:19] {magoo} yeah
[14:34] {magoo} back
[14:34] {magoo} yeah, again
[14:38] {bruce} we have double bottom in rimm now if .35 holds
[14:38] {bruce} in out
[14:38] {bruce} in out
[14:38] {bruce} magoo in he box
[14:40] {dptl} yhoo out +.15
[14:41] {Threei} lol... why the long face
[14:41] {bruce} nice dp- whats wrng w that?
[14:41] {dptl} took 40 min
[14:42] {dptl} maan got out .97 ..98 hod lol
[14:42] {bruce} feel better now?
[14:42] {Threei} what's with FINL
[14:42] {dptl} lucky as Dino would say
[14:48] {cosmo} FINL not done...
[14:49] {GeoArb} i am curious .... does dino post on elite?
[14:49] {GeoArb} there isa dinoman there
[14:51] {ThurstonHowellTheThird} boredom trade long 100 share FINL 4.32
[14:52] {ThurstonHowellTheThird} stop 4.30
[14:52] {bruce} totally missed rimm retracement long - nearly a buck mags
[14:52] {ThurstonHowellTheThird} target infinity
[14:52] {Threei} coin...
[14:52] {Threei} 17
[14:52] {Threei} sigh
[14:53] {bruce} 17 a longcall in coin vad?
[14:54] {Threei} nah
[14:54] {Threei} just crying
[14:54] {bruce} k
[14:54] {dptl} what is coinw?
[14:55] {Threei} warrants of COIN
[14:55] {Threei} COINW and COINZ
[14:55] {dptl} and whot is warrants?
[14:55] {Chaeron} rights to buy common
[14:56] {dptl} oo i see ty
[14:56] {ThurstonHowellTheThird} Is it like OPtions?
[14:56] {Chaeron} yes... expirations and decay not the same
[14:56] {bruce} any read for rimm bounce off 99 even support vad?
[14:57] {cosmo} more like a convertable bond...right?
[14:57] {Chaeron} kinda
[14:57] {cosmo} k
[14:57] {ThurstonHowellTheThird} hmmmm.... interesting Thnx
[14:57] {Threei} if comes closer to it bruce
[14:57] {Threei} a bit too far for my taste
[14:58] {Threei} you saw our best plays today, they all were with very peecise entries so close to support/resistance that stops were negligible
[14:58] {bruce} you mean now at .23?
[14:58] {Threei} I mean at .23 it's too far from 99
[14:59] {magoo} but be aware..if mkt wwants to spike up hard last hour, rimm and aapl could go
[14:59] {bruce} agreed
[14:59] {bruce} just a heads up
[14:59] {magoo} but if crashes..they will fall
[14:59] {bruce} personally wouldn't beintersted unless itdrop more
[15:00] {Threei} from here with clear NQ bounce
[15:00] {bruce} you got it
[15:01] {magoo} no bounce yet
[15:01] {magoo} no
[15:01] {magoo} if qqqq rolls its a short bruce
[15:03] {bruce} thanx for warning mags
[15:04] {bruce} didnd't see the support and scratched the long
[15:04] {magoo} i should have shorted it.dammit
[15:10] {bruce} breakdownagain looks like but stop is pretty ridiculous
[15:15] {magoo} i feel a wicked spike coming....but what do i know
[15:15] {magoo} just been ha[ppening alot
[15:16] {magoo} short too easy
[15:18] {Threei} guys, thosw who couldn't reach homepage earlier today, could you check again please?
[15:19] {magoo} got it
[15:20] {Threei} propagation goes well then
[15:20] {Threei} whatever it is
[15:21] {magoo} 15:15] {magoo} i feel a wicked spike coming....but what do i know
[15:21] {magoo} [15:15] {magoo} just been ha[ppening alot
[15:21] {magoo} [15:16] {magoo} short too easy
[15:21] {magoo} [15:18] {Threei} guys, thosw who
[15:22] * Chaeron slaps magoo around a bit with a large trout
[15:25] {Threei} pop quiz
[15:25] {Threei} "I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a money aristocracy that has set the government at defiance. This issuing power should be taken from the banks and restored to the people to whom it properly belongs. If the American people ever allow private banks to control the issue of currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property
[15:25] {Threei} until their children will wake up homeless on the continent their fathers conquered. I hope we shall crush in its birth the aristocracy of the moneyed corporations which already dare to challenge our Government to a trial of strength and bid defiance to the laws of our country"
[15:25] {patience} i know i know i know
[15:25] {Threei} lol
[15:26] {Threei} when was it said?
[15:26] {patience} when was u.s. put together?
[15:26] {Threei} no idea... for us former USSR residnets life on the planet began in 1917
[15:27] {Threei} Thomas Jefferson, 1791
[15:27] {patience} hah, on the tip of my tongue
[15:27] {patience} the date,. not jefferson
[15:28] {patience} sorry....i'm bored
[15:28] {patience} back to my corner
[15:28] {Threei} :)
[15:28] {bruce} rimm starting to look like potential long
[15:28] {Threei} 99 break?
[15:28] {magoo} sheesh
[15:28] {magoo} too fast
[15:28] {Threei} time to sell, lol
[15:29] {bruce} damn you rimm - missed you again
[15:29] {magoo} WHAT about magoos prediction???
[15:29] {magoo} not one commenty
[15:29] {Threei} btw guys, I just noticed... where is magoo?
[15:29] {Threei} anyone seen him lately?
[15:30] * bruce slaps magoo around a bit with a large trout
[15:30] {bruce} there - can smell him now
[15:30] {Threei} RIMM back into support
[15:31] {Threei} you believe in it, get it
[15:31] {bruce} yuppers - long at 98 you think?
[15:31] {magoo} level 2 getting fast on it
[15:31] {Threei} 98?
[15:32] {Threei} in, stop under .80
[15:33] {Threei} out
[15:33] {Threei} -9 cents
[15:33] {bruce} stopped -20 c rimm
[15:35] {Threei} one more leg down probably
[15:36] {bruce} hard to know vad - it keeps trying to beak w smaller and smaller bounces
[15:37] {Threei} just waiting for NQ to show bounce
[15:37] {bruce} really nice job keep that last stop to 10c
[15:38] {bruce} hard to do in rimm
[15:39] {Threei} missed .40 entry
[15:39] {Threei} no clear indication
[15:40] {bruce} yeah - not sure longor short here
[15:40] {Threei} at least until it's too late, lol
[15:40] {bruce} waiting for setup
[15:40] {bruce} keep seeing them but ranges are too big
[15:42] {magoo} look at the chart again vad...drunken donkey
[15:42] {magoo} although it seems we read it better today
[15:43] {Threei} it was quite readable before news hit, out of read for a while after news, then somewhat readable again
[15:44] {bruce} well if you drink like a donkey you can think and act like one too mags
[15:44] {magoo} bruce, vad always has to get the last word he he {just kidding}
[15:44] {Threei} true mags, that why I usually say something just before shooting
[15:44] {magoo} oh oh
[15:45] * bruce slaps magoo around a bit with a large trout
[15:45] {Threei} surefire (pun intended) way to have the last word
[15:45] * bruce slaps Threei around a bit with a large trout
[15:45] * Chaeron slaps magoo around a bit with a large trout
[15:45] {bruce} slapped the gun right outa its holster
[15:46] {bruce} say mags - vad - you realize how hard we have to work to keep patience entertained?
[15:46] {Threei} real gentlemen
[15:46] {magoo} in the bedroom bruce??
[15:47] {bruce} genteel too
[15:47] {Threei} especially magoo
[15:47] {bruce} dare we bring poor thruston into this again?
[15:47] * magoo slaps ThurstonHowellTheThird around a bit with a large trout
[15:47] {Threei} as long as you don't forgte there are two ladies in the room
[15:47] {bruce} speaking of bedroom
[15:47] {bruce} your wife says you snore mags
[15:48] {magoo} how would she know??
[15:48] {magoo} she makes me sleep downstairs
[15:48] {Threei} if not so close to the eod, BRKR would be bounce play of 14 support
[15:48] {bruce} oh
[15:49] {bruce} thats what the basement cot is for
[15:49] {bruce} I thought she had you sleeping outside
[15:49] {bruce} good point vad
[15:49] {bruce} calling it a day
[15:50] * ThurstonHowellTheThird slaps magoo around a bit with a large trout
[15:50] {ThurstonHowellTheThird} I just noticed
[15:50] {ThurstonHowellTheThird} sounds like all hell broke losse in here
[15:51] {Threei} well
[15:51] {Threei} magoo is here
[15:51] {Threei} so you are not that far from truth
[15:51] {magoo} back
[15:51] {Threei} lol
[15:51] {magoo} again again
[15:51] {Threei} BRKR beautiful... right off support
[15:52] {bruce} you got a bladder issue today mags?
[15:52] {Threei} too bad it's so late in the day
[15:52] {ThurstonHowellTheThird} I had a good day today only one loser with no real trading in the afternoon
[15:52] {Threei} good to hear THTT
[15:52] {Chaeron} many more THTT
[15:52] {ThurstonHowellTheThird} sounds good to me
[15:53] {magoo} beer runs bruce
[15:53] {Threei} FINL is one idiotic stock here
[15:54] {Threei} what was that drop to .20 about, just to bounce all the way back and proceed to new highs
[15:54] {bruce} lol - glad you got the truck to make a delivery afer all
[15:54] {magoo} i had good day...BUT..i know vad not gonna like this...but can't shake feeling we missed ALOT of short money toiday
[15:54] {Threei} want little experiement?
[15:55] {ThurstonHowellTheThird} sure
[15:55] {bruce} aapl sells off agan
[15:55] {Threei} tomorrow or whenever, when you get this feeling that there is easy money we leave on the table, go ahead and trade with your feeling
[15:55] {Threei} just keep it to 100 shares
[15:55] {Threei} at the end of the day break trades by two columns
[15:55] {Threei} ones we got here
[15:56] {magoo} hes mad
[15:56] {ThurstonHowellTheThird} lol; I tried that before...I think we know what the outcome will be
[15:56] {Threei} and ones provoked by that feeling
[15:56] {Threei} multiply results of second column by usual lot
[15:56] {Threei} add up
[15:56] {Threei} tell me how you are better off
[15:56] {Threei} that will be better tell than hindsight feeling
[15:57] {bruce} good poit vad
[15:57] {dptl} well ...turns out to be a not bad day....have a good night all :)
[15:57] {Threei} take care dp
[15:57] {Threei} no magoo
[15:57] {Threei} not mad at all
[15:58] {Threei} just want to keep it real, and real means reading it REAL time, and being aboe to act on it
[15:58] {bruce} intuition and feeling wins all the time
[15:58] {Threei} hindsight is always 20/20
[15:58] {Threei} tomorrow's WSJ always shows you zillion missed opportunities
[15:58] {Threei} but who gets tomorrow's issue it today?
[15:59] {ThurstonHowellTheThird} sky is falling in market
[15:59] {Threei} good... let it
[15:59] {Threei} this market asked for drop for a long time
[15:59] {Threei} as lot of difficulities in trading it were caused by artificial propping '
[16:00] {Threei} drop will free normal powers that move the market in a normal way
[16:00] {Threei} thatnk you all
[16:00] {Threei} have a good evening
[16:00] {Threei} see you tomorrow
[16:00] {ThurstonHowellTheThird} good night all
[16:00] {Threei} as propagation takes over
[16:00] {GeoArb} gnite
[16:01] {patience} bruce, dcc please
[16:02] {Chaeron} GN all... looking forward to another one manana
[16:14] {magoo} ok, ty all goodnite
[16:14] {bruce} night all

Wednesday, March 5, 2008

Mar 05 2008

Session Time: Wed Mar 05 00:00:00 2008

[08:39] (magoo} morn
[08:39] (Threei} good morning
[08:40] (Threei} watching CSIQ
[08:40] (magoo} solar news?
[08:40] (Threei} not bad earnings
[08:41] (magoo} hey, a new thing here..its avail short
[08:44] (Threei} determined bidder at .75, soaking in seling
[08:47] (magoo} i know we need to see what developes..but whats your thoughts for today boss?
[08:47] (Threei} hahahaha
[08:48] (Threei} good try
[08:48] (Threei} really... taking it one trade at a time
[08:49] (Threei} you saw yesterday's whipsaw
[08:52] (magoo} yeah
[08:56] (tomg} gm all
[08:56] (Threei} tom :)
[08:59] (tomg} vad, on Laser, which Route do you normally use?
[08:59] (Threei} I have default set to ISLD, and my Route On/Off box is UNchecked
[08:59] (dptl} good morning all
[09:00] (Threei} dp :)
[09:00] (tomg} ok, ty
[09:00] (Threei} I check it and switch route only if default route has troubles
[09:00] (Threei} which happend probably once in a year
[09:00] (tomg} and what is Short box? Do you need to have it checked?
[09:00] (Threei} nope
[09:02] (tomg} ok, ty, i watched a lot of the videos but didn't see it mentioned
[09:03] (magoo} vad, where is the Route On/OFF box?
[09:03] (Threei} right in the middle of order panel
[09:03] (Threei} between Cancel and Limit Buy
[09:04] (magoo} in trade settoings?
[09:04] (Threei} no, under level 2
[09:04] (tomg} i can't seem to find where you set the default route
[09:04] (Threei} in trade settings tom, right click on level 2
[09:04] (Threei} middle column
[09:04] (Threei} default method
[09:05] (Threei} mags... found it?
[09:06] (magoo} nope, is it under TRADE in top bar?
[09:06] (Threei} no
[09:06] (Threei} look at your level 2 window
[09:06] (Threei} order execution panel under it
[09:06] (Threei} with buy, sell, cancel buttons
[09:07] (tomg} Trade/Trade Settings, right?
[09:08] (magoo} all i have is Sell Cancel All and Buy buttons
[09:08] (tomg} magoo, do you have level II mouse style checked?
[09:08] (Threei} yes tom, that's another way to reach it
[09:09] (tomg} ok, so I have to type in Isld beside the NASDAQ field?
[09:10] (Threei} I have INCA typed in there
[09:10] (magoo} i have INET typed in there
[09:10] (Threei} my laser was set up long ago before some routes changed
[09:10] (Threei} maybe need INET now
[09:10] (tomg} it won't let me type anything in that box
[09:10] (Threei} try different ways
[09:11] (magoo} but, d u see my last post vad?o
[09:11] (Threei} click in that box, then hit backspace and hold it
[09:11] (Threei} until cursor moves far to the left
[09:11] (Threei} mags... go to:
[09:11] (tomg} it works! ty,vad
[09:11] (Threei} View, with Level 2 window active,
[09:12] (Threei} make sure you have checked:
[09:12] (Threei} level II mouse style and Level II button style
[09:14] (magoo} ok, i have lev 2 mouse style checked but NOT i need button also?
[09:14] (Threei} check it
[09:14] (Threei} look at your execution panel now
[09:15] (magoo} oh, so now what?
[09:16] (Threei} now you have those boxes you didn't
[09:16] (magoo} is that the buy/sell setup u use?i
[09:16] (Threei} yes
[09:17] (Threei} I like having separate buttons for limit and market
[09:17] (Threei} instead of using arrow-dropdown menu to change it
[09:18] (Threei} be careful not to click wrong one though
[09:18] (magoo} u not using that stop price button for stops are u?
[09:18] (Threei} what stop button?
[09:18] (Threei} oh
[09:18] (magoo} STOP PRICE near ROUTE
[09:18] (Threei} no,stops are set via OMS module
[09:18] (magoo} right
[09:18] (magoo} ojk
[09:19] (magoo} sorry for wasting your time
[09:19] (Threei} no problem
[09:19] (Threei} some routes seems to be cut off
[09:20] (Threei} on Interenet I mean
[09:20] (Threei} a lot of people can't connect
[09:20] (tomg} are hard stops available now, on nasdaq?
[09:20] (Threei} yes tom
[09:20] (Threei} Click Modules - OMS
[09:21] (tomg} ok, got it
[09:21] (Threei} that's the window where they are being set
[09:21] (Threei} gotta get used to it, it's somewhat unusual
[09:21] (Threei} but has some very powerful features
[09:21] (tomg} so, you have to type stops into OMS module?
[09:22] (Threei} click Add a new order button
[09:22] (Threei} set it there
[09:22] (tomg} ah, ok, i see it, ty
[09:22] (Threei} keep in mind that for it to go live you need to click green triangle
[09:23] (tomg} ok
[09:23] (Threei} until you do that, it's waiting for you to start it
[09:23] (Threei} you can stop it without deleting, then restart it
[09:23] (Threei} or modify
[09:23] (Threei} etc
[09:23] (tomg} red box to stop, green to resume
[09:23] (tomg} cool
[09:24] (tomg} is it reliable, i mean, no problems completely cancelling orders?
[09:25] (Threei} so far no complaints
[09:26] (tomg} ok, ty
[09:31] (magoo} and under a buck?
[09:35] (Threei} ESLR
[09:35] (Threei} .40 long if melting and if holding above .30
[09:36] (magoo} in
[09:37] (magoo} l CSIQ off .50
[09:39] (Threei} good one
[09:39] (Threei} don't oversit, too volatile
[09:40] (magoo} was wait .91
[09:40] (magoo} still in
[09:44] (esemde} good morning Vad....that worked....
[09:44] (Threei} ty ese
[09:44] (Threei} sending e-mail to all members
[09:45] (Threei} sorry, used you as a guinea pig :)
[09:46] (Threei} ESLR 1:1 half out, scalpers are scalpers and need my guidance not
[09:46] (esemde} well I never!!!!!!!!!! wink wink.......don't think I look good as bacon
[09:46] (Threei} lol
[09:48] (Threei} 1:2 ESLR
[09:49] (dptl} out eslr +.10.+.20
[09:49] (dptl} ty
[09:49] (Threei} high five?
[09:49] (Threei} or is it considered bad manners?
[09:49] (dptl} high Five
[09:49] (Threei} :)
[09:49] (tomg} out eslr 1:2, ty vad
[09:49] (Threei} welcome
[09:50] (Threei} mags??
[09:50] (magoo} out here .69 full
[09:50] (magoo} HIGH five
[09:50] (Threei} :)
[09:50] (Threei} let's go home
[09:51] (GeoArb} Hah I am in.... good morning
[09:52] (Threei} hi
[09:52] (Threei} you used reserve server?
[09:52] (GeoArb} yes
[09:52] (Threei} ok, ty
[09:52] (esemde} what were you in Magoo.....wanted to look at the chart
[09:52] (Threei} ESLR ese
[09:53] (esemde} ahhhhhh
[09:53] (Threei} we grabbed .50
[09:53] (esemde} nice...
[09:53] (Threei} ummm
[09:53] (Threei} .40, sorry
[09:56] (magoo} i was gonna say......but was still trying to calculate
[09:56] (Threei} lol
[09:56] (magoo} i am up 336, so that 87k a year..lets quit lol
[09:58] (GeoArb} nice magoo
[09:58] * Threei slaps magoo around a bit with a big broken calculator for improper extrapolations
[09:59] (ThurstonHowellTheThird} gm all
[09:59] (Threei} hi THTT
[10:00] (magoo} symbol??will not pull up THTT
[10:00] * ThurstonHowellTheThird slaps magoo around a bit with a large trout
[10:01] (ThurstonHowellTheThird} sorry. magoo; but you had it coming
[10:01] (Threei} hah
[10:01] (magoo} :)
[10:01] (Threei} he has it coming 24/7
[10:01] (magoo} l off .50 CSIQ RISKY
[10:02] (magoo} feels over 21 today, but scalpin this time
[10:02] (magoo} in
[10:05] (Threei} RIMM closest support .30, watching if it's holding it
[10:05] (Threei} if NQ jumps again, going to try long
[10:06] (magoo} out .60
[10:06] (magoo} dime
[10:06] (Threei} this is prudent
[10:07] (magoo} i don't remember it being so jumpy
[10:07] (magoo} like .62 ..oops .49
[10:08] (magoo} u still ,ooking for first sign strengh RIMM vad?
[10:09] (magoo} in .39
[10:09] (magoo} out .64 TY
[10:09] (magoo} scalpers friday guuys
[10:10] (Threei} :)
[10:12] (dptl} altr?
[10:13] (Threei} not sure
[10:14] (dptl} ok
[10:18] (magoo} SHIT CSIQ
[10:18] (Threei} first symbol is not found
[10:19] * ThurstonHowellTheThird slaps Threei around a bit with a large trout
[10:19] (ThurstonHowellTheThird} its only fair :)
[10:20] (Threei} I guess
[10:23] (magoo} jesus..rimm bounce somewhere vad??
[10:24] (Threei} I wouldn't touch it for now
[10:24] (esemde} ya know.....i have never slapped anyone with the trout in one year of being on this waiting for the big one!!!! look out
[10:24] * Threei ducks
[10:25] (ThurstonHowellTheThird} AKAM?
[10:25] (Threei} AKAM qworth a try for a scalp at .25 if holding above .15
[10:27] (Threei} which it didn't
[10:29] (magoo} sigh..wish we shorted RIMM
[10:29] (Threei} did you see any readable setup?
[10:30] (Threei} DOE CRUDE: -3M V +2.2ME ; GASOLINE: +1.66M V +250KE ; DISTILLATES: -2.33M V -2ME ; UTILIZATION: % V 84.9%E
[10:30] (magoo} wheres the bounce setup}??
[10:31] (magoo} never seen that many red candles
[10:31] (magoo} news?
[10:31] (Threei} coming very soon
[10:31] (Threei} about here
[10:32] (Threei} no news
[10:33] (ThurstonHowellTheThird} magoo; overall how would you say your net record is with RIMM?...I'm just curious because you play it a lot and I'm thinking of looking at it more
[10:34] (Threei} in, stop under .50
[10:35] (magoo} problem withRIMM, yesterday it coperated in last hour and i made like 2500, today i missed 2 bounce dunno..not great
[10:36] (Threei} out
[10:36] (Threei} 101.69 - 102.05
[10:37] (ThurstonHowellTheThird} ok thx ((- ----not a symbol)
[10:37] (Threei} no, but TY is
[10:40] (Threei} XIDE long, stop under 11
[10:40] (Threei} .10 - .11 if buying comes in
[10:44] (dptl} nice...and what i did..........i went for smoke damn
[10:46] (Threei} :(
[10:46] (Threei} easy 1:1
[10:48] (Threei} maybe they are right dp... smoking IS harmfulll
[10:49] (ThurstonHowellTheThird} lol
[10:49] (Threei} AAPL long .71
[10:50] (Threei} stop under .50
[10:50] (magoo} in
[10:50] (magoo} look csiq
[10:50] (Threei} sheesh
[10:51] (magoo} 22
[10:51] (magoo} not easy but will
[10:54] (lumdus} good morning everybody. just got the email how to log on.
[10:54] (Threei} hi lum
[10:55] (Threei} just now?
[10:55] (Threei} sent it a while ago
[10:55] (lumdus} i didn't check my email untill now. I logged in to email you, and saw the email
[10:55] (Threei} ah
[10:55] (Chaeron} *phew*
[10:55] (Chaeron} GM all
[10:55] (Threei} chaeron :)
[10:56] (Chaeron} glad to be here... how's the day?
[10:56] (Threei} fairly nice so far
[10:56] (Chaeron} figures
[10:57] (lumdus} yeah, i am sure you gona say you had lots of trade + 1.50 .. no, i don't fall for that anymore. Show me the posts .. ha haaa haaaaaaaaaaa
[10:58] (Threei} well, since you asked...
[10:58] (Threei} [09:35] (Threei} ESLR
[10:58] (Threei} [09:35] (Threei} .40 long
[10:58] (Threei} reached over .70
[10:58] (lumdus} where is the exit post ?
[10:59] (Threei} [09:48] (Threei} 1:2 ESLR
[10:59] (Threei} [09:49] (dptl} out eslr +.10.+.20
[10:59] (Threei} [09:50] (magoo} out here .69 full
[10:59] (Threei} want more? :)
[11:00] (Threei} [10:40] (Threei} XIDE long, stop under 11
[11:00] (Threei} [10:46] (Threei} easy 1:1
[11:00] (lumdus} ok, now i am angry :)
[11:00] (Threei} hehe
[11:03] (Threei} CSIQ possible trend reversal, lower high
[11:03] (Threei} carefuul short .20 breakdown
[11:04] (Threei} if stays under .40
[11:06] (ThurstonHowellTheThird} in .19
[11:08] (Threei} jumpy thing
[11:08] (ThurstonHowellTheThird} no kidding
[11:11] (magoo} mkt feels up imho..risky
[11:13] (Threei} die CSIQ
[11:15] (Threei} jeez COIN
[11:17] (esemde} ya...i was looking at too Vad but didn't act...
[11:17] (dptl} eslr again?
[11:17] (esemde} was thinking long 15.75 ish
[11:18] (Threei} desirably on pullback into .70
[11:18] (esemde} yup
[11:18] (Threei} stopped CSIQ
[11:21] (dptl} what's with elon?
[11:21] (Threei} no news
[11:21] (dptl} hmm...ok thnx
[11:29] (Threei} CSIQ non-stop
[11:30] (Threei} guys, please look at
[11:30] (Threei} scroll to the bottom
[11:30] (Threei} see red font instructions?
[11:31] (magoo} yes
[11:31] (hawkfan4} yep
[11:31] (Threei} they are always there... use them in case of outage
[11:32] (magoo} how can i use them if i have a powrr outage??
[11:32] (Threei} trout is being slowly unhosltered
[11:32] (dptl} lol Mags
[11:33] (Threei} hawk... you recieved two e-mails from me or just one?
[11:34] (hawkfan4} two, but i just got both of them about 10 mins apart
[11:34] (Threei} OK, and the one from admin never reached you?
[11:35] (hawkfan4} no
[11:36] (magoo} 10:50] (magoo} look csiq
[11:36] (magoo} [10:51] (Threei} sheesh
[11:36] (magoo} [10:51] (magoo} 22
[11:36] (magoo} [10:51] (magoo} not easy but
[11:37] (magoo} it was 21.30 area
[11:44] (Threei} if took ESLR on pullback to .70, you have 1:1
[11:54] (magoo} hows CSIQ look as short now vad?
[11:55] (Threei} tough one...
[11:55] (Threei} closer to ghigh maybe so stop is really tight
[11:59] (Threei} wow, XIDE is still climbing
[12:01] (Threei} ABK
[12:02] (Threei} this is what props market
[12:02] (Threei} bailout news probable reason
[12:03] (Threei} MBI is ABK sympathy
[12:04] (magoo} .
[12:07] (magoo} gotta be that..problem..mkt may sell the news
[12:08] (magoo} ojn CNBVC
[12:09] (Threei} bs
[12:18] (ThurstonHowellTheThird} .
[12:20] (Threei} CSIQ continues holding close to high
[12:23] (Threei} XIDE .50 long if holding above .40
[12:25] (esemde} am outta here....have a great rest of the day.
[12:25] (Threei} take care ese
[12:25] (esemde} see ya vad....
[12:27] (magoo} mkt sellinhg
[12:31] (Threei} qwhat a tricky animal CSIQ
[12:33] (Threei} lol, what was that
[12:37] (dptl} out xide +.10 ty
[12:37] (Threei} if you went for XIDE, over 1:1
[12:37] (Threei} :)
[12:38] (Threei} 1:2
[12:38] (magoo} i wish u would re alert thiose that take awhile
[12:38] (Chaeron} I thought it went under .40
[12:38] (magoo} i go looking elsewhere and miss,
[12:38] * dptl slaps magoo around a bit with a large trout
[12:39] (Threei} touched couple cents below .40 for a sec chaeron... makes it kind of discretinary
[12:39] (Threei} that's why I said if
[12:39] (magoo} yeah, but u gotta re alert us
[12:40] (magoo} i'd see a post in blue
[12:40] (Threei} sorry mags, no can do
[12:40] (Threei} at least not as a rule
[12:40] (magoo} why, if u are entering it..go ahead
[12:41] (magoo} say, "ok..entering"
[12:41] (Threei} because there is so many things I can do
[12:41] (Threei} "just so many"
[12:41] (Chaeron} clone yourself :)
[12:41] (Threei} if setup was clearly invalidated, then reappeared - reissuing it is valid exepectation
[12:42] (dptl} lol xide......i am not looking
[12:42] (Threei} kind of re-evaluation
[12:42] (Threei} sheesh, 1:4
[12:48] (ThurstonHowellTheThird} you need some sort of voice recognition software to make your job easier and faster for us
[12:49] (Threei} errors those kinds of software make are unacceptable for our purposes
[12:50] (magoo} i still think if u see it come back after along time from original call..AND u are entering u could post it quick..
[12:50] (Threei} stock symbols and numbers will be all over the place
[12:50] * magoo slaps Threei around a bit with a large trout
[12:51] (ThurstonHowellTheThird} I thought that they have made great improvments lately...they now can customize it to your certain speech patterns(accent) so there less errors
[12:52] (ThurstonHowellTheThird} or you could just have a direct line to magoo's house :)
[12:52] (dptl} lol
[12:56] (Chaeron} hmmm... we've got it better than all others I've come across... and I've come across a lot. When things don't work perfectly, I just try to remember that there will always be another opportunity...
[12:57] (Chaeron} besides - it's lunchtime
[13:06] (Threei} another crazy... FEED
[13:06] (Threei} looks like going to bust through 12
[13:06] (Threei} no call, risk is too high
[13:22] (Threei} this market belongs to mental institution
[13:25] (Threei} very prone to jump any direction on any kind of news or rumors
[13:26] (magoo} more news coming aBK CNBC
[13:27] (Threei} FILES PRELIMINARY MIXED SECURITIES OFFERING PROSPECTUS; NO TERMS SPECIFIED - FILING- ABK states we intend to contribute the net proceeds of this offering, as well as the net proceeds of the concurrent offering of Equity Units, to Ambac Assurance in order to increase its capital position, less approximately $100M, which we intend to retain at Ambac Financial Group, Inc. to provide incremental holding company liquidity to pay principal and interest on its indebtedness, to pay its operating
[13:27] (Threei} and other expenses and to pay dividends on its capital stock.
[13:27] (Threei} - ABK states it will also file to sell a separate prospectus supplement, offering an undisclosed amount of Equity Units.
[13:27] (Threei} - Will stop underwriting CDOs, mortgage backed securities, notes efforts are to keep Moody's, S&P ratings, do not expect to get stable outlook from S&P or Moodys(
[13:28] (Threei} none of it sounds very good
[13:28] (Threei} or any good for that matter
[13:29] (magoo} dow red
[13:31] (Threei} Oil prices continued to climb higher as traders pushed the April contract further away from the psychologically important $100 handle following the confirmation of a breakout. Since crude bulls remain in charge of the price action, further moves to the upside will most likely see prices heading higher with a close above $105/bbl most likely seeing a further gain in the upside momentum. As this trend gains in strength, traders should be aware of strong backwardation taking place as front months accelerate
[13:31] (Threei} further and the spread with back months continues to widen. A confirmation of a new trend has been given by a strong positioning of the spread traders in bull calendar spreads
[13:31] (Threei} backwardation?
[13:35] (magoo} ABK opening 10.50 range on CNBC in 10 minutes
[13:36] (Threei} there are a lot of noise about fund raisning through new offerings on wires
[13:36] (Threei} don't want to post all that bs
[13:36] (magoo} nah
[13:36] (Threei} long and short of it:
[13:37] (Threei} we are screwed, we are trying to get you rescue us, we don't hold much hope but who knows, there is a sucker born every minute
[13:37] (ThurstonHowellTheThird} lol
[13:38] (ThurstonHowellTheThird} I like the reality translations
[13:38] (Threei} lol
[13:38] (Threei} how else do you translate this:
[13:38] (Threei} In addition, Ambac announced that it has concurrently commenced a public offering of Equity Units, with a stated amount of $50/unit for a total stated amount of $500 million. Ambac has also granted the underwriters a 30-day option to purchase additional Equity Units to cover over-allotments, if any.
[13:39] (Threei} see, if you grant one day, they say no
[13:39] (Threei} but if you grant 30 days, you have a chance they get really drunk on one on those days
[13:42] (Threei} look at ABK
[13:44] (Threei} great... room not accepting connections is DNS propagation issue
[13:44] (Threei} I need translator
[13:52] (Threei} oh boy... we have beidge book today also
[13:52] (Threei} -d
[13:52] (dptl} what time?
[13:52] (Threei} 2 EST
[13:52] (dptl} ty
[14:00] (Chaeron} oil - 104.56/bbl
[14:01] (Threei} FED'S BEIGE BOOK: 2/3 OF DISTRICTS REPORT TIGHT CREDIT, ALL SAW ECONOMIC GROWTH SLOWING SINCE BEGINNING OF YEAR- Wage and salary pressures 'modest', labor markets 'loosened', job markets still relatively tight
[14:13] (magoo} wake up vad
[14:14] (Threei} why?
[14:16] (Threei} sky is not falling aymore?
[14:16] (Threei} let's buy something then
[14:19] (Threei} CPSAT nice break of 52 week high... just not sure there is a room to profit, narrow one
[14:19] (Threei} CPST
[14:20] (Threei} BRKR maybe
[14:20] (Threei} 15.05
[14:20] (Threei} 14.94 stop
[14:23] (magoo} watch RIMM AAPL if they are to recover
[14:33] (Threei} Crude closes at $104.44
[14:33] (patience} thank god for my electric bike
[14:40] (lumdus} short rimm 102.15
[14:40] (lumdus} stop .27 i think
[14:40] (Threei} yup
[14:40] (lumdus} i need it to break .77 then i dance
[14:44] (magoo} CSIQ may push into bell vad, keep[ eye on it
[14:44] (lumdus} go down rimm more and more, lumdus needs to go away tommorrow .
[14:46] (Threei} I don't know lum... anyrthing can happen of course but NQ looks bottomed and reversing
[14:48] (Threei} CSIQ may do whatever it wants, I can't read it either way
[14:50] (Threei} BRKR, are you blind or what?
[14:50] (magoo} l csiq .24, small all the way to 23
[14:54] (magoo} vads, how i get rid of stop in modul
[14:55] (Threei} click red square, then button that says:
[14:55] (Threei} delete stopped or finished order
[14:55] (Threei} CPSAT... hmmm
[14:56] (Threei} CPST
[14:56] (magoo} ok
[15:12] (Threei} still in CSIQ mags?
[15:13] (magoo} yes
[15:13] (Threei} what resolve
[15:16] (magoo} 'out .84
[15:19] (Threei} I took some CPST at .02
[15:19] (Threei} stop .84
[15:19] (Threei} ready to hold overnight to see what this all is about
[15:27] (Threei} another NQ spike seems to be coming
[15:30] (Threei} ABK rumors/news are played out... what next vehicle talking heads find to stage another rally?
[15:34] (magoo} cnbc just said ABK ging back ytpo 37
[15:34] (Threei} you serious?
[15:34] (magoo} yes
[15:36] (ThurstonHowellTheThird} go BRKR
[15:37] (Threei} no kidding
[15:37] (Threei} what a viscous position
[15:39] (dptl} yeah...i gave up 40 min ago with -.02
[15:39] (Threei} traitor
[15:39] (dptl} lol
[15:39] (ThurstonHowellTheThird} I have toadmit that the thought crossed my mind as well
[15:39] (Threei} that's because you guys are thinking
[15:39] (Threei} I gave up on that long ago
[15:40] (ThurstonHowellTheThird} We are working on it ;)
[15:40] (Threei} vodka kills those useless brain cells very effectively
[15:40] (ThurstonHowellTheThird} lol
[15:40] (dptl} roflol
[15:40] (ThurstonHowellTheThird} so thats your secret
[15:41] (Threei} as if I ever made a secret out of it (G}
[15:41] (Threei} .13 is 52 week high BRKR
[15:42] (Threei} it breaks it, it spikes
[15:42] (Threei} and out 1:1 is just behind
[15:43] (ThurstonHowellTheThird} out .11.....couldn't take the heat anymore :(
[15:44] (Threei} we are close to eod, can't blame you
[15:45] (Threei} but dp is still a traitor
[15:46] (dptl} :).....that was my only looser today ....-.02
[15:46] (Threei} really?
[15:46] (Threei} you made my day then
[15:46] (dptl} yep
[15:46] (Threei} thank you
[15:46] (dptl} no ty
[15:46] (Chaeron} good last few days in crap mkt
[15:47] (Threei} I am not kidding dp... summary of calls is p;ositive 4 days out of each 5, yet I feel like not many benefit
[15:47] (Threei} good to hear some do
[15:48] (Threei} even Ford CEO is crying (G}
[15:54] (Chaeron} .
[15:54] (Threei} just making a point?
[15:54] (Chaeron} at least one.....
[15:55] (Threei} hey, don't feel bad, that's a very fine point
[15:55] (magoo} see CSIQ
[15:55] (Threei} in fact, I wish I had made it
[15:55] (Chaeron} thanks... but I gotta clean them all up when everyone leaves
[15:55] * Chaeron starts using white-out on his screen
[15:57] (Threei} out BRKR +.01
[15:57] (Threei} go ahead dp... pay me back for the "traitor" :)
[15:58] (Threei} want to make a new high before close CPST?
[15:59] (Threei} do me a favor, I promise not to sell you today
[15:59] (magoo} intc tonite
[15:59] (Threei} INTC was making positive noises if I remember correct
[15:59] (Threei} new high CPST, thank you
[16:00] (magoo} that was nice CPST
[16:00] (Threei} ok guys, thank you all
[16:00] (magoo} ty
[16:00] (magoo} give me intc news boss
[16:00] (Threei} have a good evening, hopefully DNS problems resolve overnight
[16:00] (Chaeron} bye everyone
[16:00] (Threei} watching mags
[16:00] (Threei} so we have full team back
[16:00] (lumdus} tx vad. wasn't to active today. i couldn't read anything.
[16:00] (dptl} have a good night all
[16:00] (Threei} can't blame you lum
[16:01] (Threei} this is one unusual market
[16:01] (Threei} TIVO REPORTS Q4 -$0.06 V -$0.11E, R$58.1M V $59.3ME
[16:03] (patience} no trades for me today, waiting for the 'sale' day
[16:04] (Threei} new high after hours CPST
[16:04] (dptl} you got .02? Vad
[16:04] (Threei} yes
[16:05] (Threei} on a pullback 15:17
[16:06] (ThurstonHowellTheThird} good night all
[16:06] (magoo} nite THTT
[16:07] (Threei} hmmm
[16:07] (Threei} mags
[16:07] (Threei} you sure INTC today?
[16:07] (Threei} I don't see it in cal;endar
[16:07] (magoo} hm,m
[16:07] (magoo} ZUMZ
[16:08] (Threei} UDRL REPORTS Q4 $0.18 V $0.38E, R $67.5 V $73.6ME
[16:09] (magoo} look at UDRL lev 2
[16:09] (Threei} yeah
[16:10] (Threei} no bids to sell into
[16:10] (magoo} SMSI
[16:12] (Threei} OK... CPST not going to 3 today I guess
[16:12] (Threei} leaving, see you tomorrow
[16:12] (Chaeron} thanks again Threei
[16:12] (Threei} :)
[16:12] (magoo} yes ty boss
[16:13] (Threei} btw
[16:13] (Threei} while I remember this thought
[16:13] (Threei} which is rare for me to even have, let alone to remember
[16:13] (Threei} ABK news came out bad, and ABK was an ginitor of rallies,
[16:14] (Threei} and yet market held and finished green
[16:14] (Threei} this maybe a forecaster of things to come nearest time
[16:14] (Chaeron} ignitor?
[16:14] (Threei} yes, spelled by duslexic
[16:15] (Threei} good
[16:16] (magoo} no stock reactiuon
[16:25] (bruce} anyone here?
[16:25] (dptl} me
[16:25] (bruce} hi dp
[16:26] (dptl} hey Bruce
[16:26] (bruce} couldn't get in today
[16:26] (bruce} hope you had a good day
[16:26] (dptl} did you get Vads email?
[16:27] (dptl} it was a prob. with server i think
[16:27] (bruce} yes- some kind of sever issue
[16:28] (bruce} see you tomorrow
[16:28] (dptl} ye see ya tomorrow

Tuesday, March 4, 2008

March 4 2008

[08:36] {Threei} SEED
- It has approved five new corn hybrid varieties for its product line for distribution during the next sales season in provinces throughout Central and West China.
[08:36] {cosmo} for food?
[08:37] {cosmo} PRFT
[08:38] {Threei} COIN again
[08:39] {Threei} oh... good morning
[08:39] {cosmo} for corn, anyway
[08:42] {dptl} good morning all
[08:42] {Threei} dp :)
[08:43] {Threei} EMKR
- the topic is "Reducig Preventable Mortgage Foreclosures"
[08:44] {Threei} - there will be a prepared text and audience Q&A
[08:44] {Threei} **reminder: in his 2/28 testimony Bernanke said:
[08:44] {Threei} - Credit disruptions are 'not near' an end, housing a 'continuing problem' weaker USD causing drop in trade gap
[08:44] {Threei} - Inflation a bigger problem than in 2001, 'fair' to say tougher to respond now than in 2001
[08:44] {Threei} - Says monetary stimulus shoul
[08:44] {Threei} should help 2H growth
[08:44] {Threei} - Notes 'additional' housing steps may be needed later
[08:44] {Threei} - Bernanke says does not expect stagflation
[08:44] {Threei} - says 'there will probably be some bank failures', but not among larger banks
[08:46] {esemde} morning all
[08:46] {Threei} ese :)
[08:46] {patience} morning RT :)
[08:46] {Threei} patience :)
[08:46] {esemde} morning patience
[08:53] {GeoArb} good morning
[08:53] {Threei} geoarb :)
[08:54] {magoo} morning
[08:55] {Threei} mags :)
[08:58] {cosmo} SEED tests
[09:02] {Threei} YESSSS!!!
[09:02] {Threei} NXXI
[09:03] {Threei} wait for me, running to the store
[09:05] {Threei} Ben:
[09:06] {Threei} - More should be doene to stem foreclosure increase
[09:06] {Threei} - Urges lenders to expand mortgage principal writedowns
[09:06] {Threei} - Up to now reductions of loan principal have been rare
[09:06] {Threei} - Lack of refinance options needs vigorous response
[09:06] {Threei} - Further declines in house prices are likely
[09:06] {Threei} - Barriers to workouts pose serious problems
[09:11] {esemde} january low in indexes is still holding....and +.24 in FINL at end of the day yesterday
[09:13] {cosmo} Ben gonna do the mkt open?
[09:14] {esemde} anyone thinking long SEED 6.81...
[09:14] {esemde} bstop??
[09:15] {Threei} tough one ese
[09:15] {esemde} how so Vad
[09:15] {Threei} got dumped on disastrous earnings recently
[09:15] {esemde} ahhhhh
[09:15] {Threei} I'd think, there are a lot of holders stuck in it
[09:15] {cosmo} SEED should hold 6.50 ...needs to hold .45
[09:15] {Threei} eager to dump on any rally attempt
[09:16] {esemde} gottcha...
[09:18] {ThurstonHowellTheThird} gm all
[09:18] {Threei} THTT :)
[09:19] {Threei} lol, look at this
[09:19] {Threei} ese, news on FINL
[09:21] {Threei} [12:33] {esemde} by everyone...have a great rest of the day....i'm long FINL here at 3.75 full lot
[09:21] {Threei} that's a heck of the way to start the day
[09:22] {Threei} can't help but post this nugget of wisdom:
[09:22] {esemde} AMAT ??
[09:23] {Threei} 09:06am [AMAT] Signs sales agreements valued at $1.9B
[09:24] {esemde} it's moving this morning
[09:24] {Threei} you out FINL or holding for more?
[09:24] {esemde} I'm out...
[09:24] {esemde} +.24
[09:24] {Threei} before news?
[09:24] {esemde} don't want to hold anything overnight....
[09:24] {Threei} oh
[09:25] {esemde} is there news on it this morning?
[09:25] {Threei} take me off ingore, will ya :)
[09:25] {Threei} [09:19] {Threei} ese, news on FINL
[09:25] {Threei} [09:19] {Threei} ANNOUNCES SETTLEMENT OF LITIGATION
[09:27] {esemde} I took a 450.00 hit on SOLF a few days back holding it ovenight....gun shy now...
[09:29] {esemde} just logged onto FINL I see what you mean
[09:32] {magoo} dam..was looking at COIN as a break of .18 and POP
[09:32] {magoo} over .39
[09:33] {Threei} don't chase COIN
[09:33] {magoo} nah
[09:33] {magoo} just saying
[09:33] {Threei} it's a typical pullback stock
[09:33] {bruce} aapl just did its fakeoiut long again before dropping
[09:35] {Threei} JNPR 26.01 long if stays above .90
[09:36] {Threei} 1:1 quickly
[09:36] {Threei} scalpers get your first kill for the day
[09:36] {Threei} sane traders, half out
[09:37] {Threei} stop .94 for the balance
[09:37] {Threei} 1:2
[09:37] {Threei} 1/4 more out
[09:37] {Threei} stop to .99
[09:37] {magoo} out ,23 NICE
[09:37] {Threei} 1"3, full out
[09:38] {magoo} easy button
[09:38] {Threei} where is that easy button
[09:38] {Threei} lol magoo
[09:38] {magoo} on my desk
[09:38] {magoo} lol
[09:39] {magoo} how about shorting it on its breather vadf JNPR
[09:39] {Threei} if it forms setup...
[09:39] {Threei} I am not shorting just because it's "too high"
[09:40] {bruce} seed on break of 6.80 long vad?
[09:40] {magoo} jnpr have news?
[09:40] {Threei} nope
[09:42] {magoo} RIMM bounce w/mkt
[09:43] {Threei} STEN, say what?
[09:43] {Threei} disregard as a tgrading candidate, spread is out of this universe
[09:44] {Threei} just curious
[09:44] {magoo} its avail short too
[09:45] {magoo} so thin it could go 8 vad
[09:45] {Threei} gosh... take it off your screen please :)
[09:45] {bruce} ceco short setup
[09:46] {Threei} FINL, 4.55 long if holding above 4.40
[09:46] {Threei} make sure big offer at .55 getting hit
[09:46] {Threei} don't be a first buyer
[09:47] {magoo} bigger offer .60 boss
[09:50] {Threei} really?
[09:51] {esemde} doing a dino,,,,,long PRFT. 8}05...
[09:51] {bruce} nvda looking like short
[09:51] {esemde} looking for a bounce
[09:52] {magoo} COIN gonna go 16 vad
[09:52] {Threei} and no lum to slap
[09:54] {magoo} we need to watch it
[09:54] {magoo} look for entry
[09:56] {Roman}
[09:56] {Roman}
21 capit play
[09:56] {Roman}
21 in small super risky 19.10
[09:58] {Roman}
21 stopped -.50
[10:00] {Threei} hmmm... blast from the past
[10:00] {Threei} SCON
[10:05] {Threei} very scary stock with huge potential for both, profit, and loss
[10:05] {Threei} VISN
[10:05] {magoo} which is it?profit?
[10:05] {Threei} no specific call, want to leave it to your discretion without encouraging anyone to take such risky one. If you can read it, go for it. If not, disregard
[10:08] {patience} s3
[10:08] {patience} oops, sorry
[10:09] {Threei} no problem... but we need password too
[10:09] {magoo} man, look at qqqq minute charet
[10:09] {magoo} chart
[10:09] {Threei} quite wird eh?
[10:09] {magoo} my 4 yr old coloring
[10:09] {Threei} yup
[10:09] {Threei} pencil tied to the mule's tail
[10:09] {magoo} with only two crayons
[10:09] {Threei} mule is naturally drunk
[10:17] {magoo} vad, JNPR held well
[10:17] {magoo} in VISN too @ .83
[10:17] {bruce} nvda consolidating at bottom here
[10:17] {magoo} thats me @ .38
[10:17] {bruce} long candidate vad?
[10:18] {Threei} I amnot rushing into anything like JNPR or NVDA
[10:18] {Threei} this wierd quiet in the market is somewhat...
[10:18] {Threei} disturbing
[10:18] {Threei} it's going to resolve into something dramatic
[10:18] {Threei} and I don't want to be caught on the wrong side
[10:19] {Threei} risk is small here bruce
[10:19] {Threei} can take it on that alone of course
[10:19] {Threei} those risk-based setups magoo prmised to interrogate me about when the time comes
[10:20] {bruce} that was my thought vad - only 5c risk or so
[10:20] {Threei} yup
[10:23] {Threei} may I post the most useless crap crossed wires today... I think this one tyakes the prize
[10:23] {Threei} in 2030?
[10:24] {Threei} could?
[10:24] {magoo} seems low for then lol
[10:25] {Threei} if there is a job somewhere paying real well for coming up with such headlines, my son is looking
[10:25] {magoo} bruce u long NVDA?
[10:27] {bruce} not filled mags - tried .60
[10:27] {Chaeron} you're right magoo - my house appreciation has a faster rate of return than oil by the year 2030
[10:27] {magoo} i caught .64
[10:28] {bruce} K - I was thinking exit target at or below .70 - so wanted .60 or nothing
[10:28] {magoo} mkt killed it
[10:28] {magoo} i laid it .74, no go tho
[10:29] {bruce} yes - just chopping for moment
[10:29] {bruce} no idea of market direction now - up or down
[10:29] {bruce} so going to do just quick scalps
[10:31] {magoo} man
[10:31] {bruce} wow - tsra roman -
[10:32] {Threei} mags... VISN is coming
[10:33] {magoo} what u think on it ?
[10:33] {Threei} if takes .20, no telling where it can go
[10:37] {Threei} TSRA
[10:38] {Threei} PIPR: wait for us, we haven't sold yet
[10:40] {Threei} RIMM is interestingly strong
[10:41] {bruce} just thnking same vad
[10:41] {bruce} qs look weak tho0ugh
[10:42] {bruce} if they dump rimm probably will too
[10:45] {magoo} out VISN
[10:45] {magoo} mkt losing it
[10:46] {bruce} sure looks like it mags
[10:47] {magoo} but there is a climb in bidu too
[10:47] {magoo} they follow mkt
[10:50] {Threei} thisis intriguing, RIMM
[10:52] {Threei} wow
[10:53] {Chaeron} I didn't have the guts... I suck
[10:54] {magoo} its either a great sh opportunity or mkt trying to resolve up
[10:56] {bruce} you were thinking of just going long rimm on the euphoria chaeron?
[10:57] {Chaeron} the basing at .95 area and the pace... was thinking scalp, that's all
[10:58] {Roman}
21 long PAAS small
[10:59] {Roman}
21 40.11
[10:59] {bruce} k
[10:59] {bruce} fed needs snow tires
[11:00] {Threei} BRCM short for scalp .56 stop
[11:05] {Threei} feels like sharp drop is in cards for the NASDAQ
[11:06] {Threei} sharp drop it is
[11:06] {magoo} sh brcm @ .49
[11:06] {magoo} where ui guys?
[11:06] {ThurstonHowellTheThird} .49
[11:06] {bruce} so much for rimm and bidu longs for now mags
[11:06] {bruce} brcm .49for me too
[11:06] {magoo} i shorted BIDU bruce
[11:07] {magoo} [10:54] {magoo} its either a great sh opportunity or mkt trying to resolve up
[11:08] {bruce} nice play mags
[11:08] {bruce} congrats
[11:08] {Threei} BRCM is much slower than I would have liked
[11:09] {Threei} considering how jumpy this market can be I am trying to pick the safest ones with narrow stops
[11:09] {magoo} covered here .88, + .1.18
[11:09] {Threei} but the opposite side of the coin is slow
[11:09] {ThurstonHowellTheThird} i like slow :)
[11:10] {Chaeron} that's hugemagoo... good for you
[11:10] {bruce} I like + 1.18 wtg mags
[11:10] {Threei} yeah, can take a nap meanwhile... I know what you mean
[11:14] {Threei} wow... how did I miss AMLN 24.40 breakdown
[11:14] {Threei} such clean BDI
[11:15] {Threei} grr BRCM
[11:15] * Threei slaps Laserdave1 around a bit with a large trout
[11:15] {Threei} it's dave's fault
[11:15] * magoo slaps Laserdave1 around a bit with a large trout
[11:17] {Threei} COIN .50 long half lot
[11:17] {Threei} stop under .25
[11:27] {Threei} stopped
[11:27] {bruce} stopped coin
[11:27] {esemde} outta here...have a great day...
[11:28] {Threei} why didn't I just go back to sleep after JNPR trade
[11:28] {Threei} take care ese
[11:28] {bruce} bye ese
[11:29] {Chaeron} whole lotta "nap" and "sleep" talk... zzzzzzzzzz
[11:35] {bruce} l nvda .33 stop.29
[11:35] {magoo} me too
[11:38] {Chaeron} .
[11:41] {magoo} iof NVDA stops me again.i gonna cut my wrists with a banana
[11:42] {ThurstonHowellTheThird} short NVDA .37 stop .41
[11:43] {Threei} cool... we are hedged
[11:53] {Threei} watching AMZN for long off pullback
[11:53] {Threei} it's at support, just want to see NQ upticking
[11:54] {bruce} 1/2 out nvda here - 3 to 1 on risk
[11:54] {Threei} in, stop .69
[11:55] {Threei} nope
[11:55] {Threei} needs one more leg down
[11:59] {bruce} out nvda balance float
[12:01] {bruce} vad - your thoughts on rimm short?
[12:02] {Threei} prety much in NQ hands, and NQ is absolutely unreadable here...
[12:02] {bruce} k
[12:03] {Threei} look at this spike out of nowhere
[12:03] {bruce} amzn was tricky - youhad right entry but downtick was sharp
[12:05] {Threei} RIMM looks better for short
[12:05] {Threei} stop is very tight here
[12:06] {Threei} don't short into buying, wait for weakness to show up
[12:06] {Threei} ugh... too fast
[12:06] {Threei} leaving it alone for now
[12:07] {Threei} no point to try and play these 10 cents rapid moves
[12:08] {Threei} short .98
[12:08] {Threei} 100.05 stop
[12:09] {bruce} tsra going green
[12:10] {bruce} wow - terrific entry vad
[12:10] {Threei} doesn't want to drop with market though
[12:11] {Threei} and I don't want top take 10 cents profit :)
[12:11] {Threei} better
[12:12] {Threei} out half .75
[12:12] {Threei} +.23
[12:12] {Threei} if my math is right
[12:13] {Threei} out balance
[12:14] {bruce} nice - too bad it didn't drop further
[12:16] {bruce} nvda still trying to go long
[12:18] {Threei} GRMN .71 long half lot
[12:18] {Threei} .54 stop
[12:19] {Threei} under .50 invalidated
[12:21] {bruce} l grmn .65
[12:21] {dptl} got to go ....have a good the rest of the day
[12:21] {Threei} take care dp
[12:23] {bruce} out grmn .85 - voer 1 to 1 for me
[12:23] {Threei} I hate you
[12:24] {bruce} nasty thing to say about dp vadster
[12:24] {Threei} but he left
[12:24] {bruce} yes - you hurt his feelings
[12:24] {Threei} but after he lft
[12:25] {Threei} RIMM is serious about upswing...
[12:25] {bruce} k- thats it then - say nasy things behind peopls back
[12:26] {Threei} GRMN 1:1
[12:27] {Threei} don't oversit it guys
[12:27] {Threei} this is one tricky market
[12:27] {Threei} I am out
[12:27] {Threei} RIMM lost its mind
[12:28] {magoo} moving with mkt vad
[12:28] {magoo} bidu up too
[12:28] {Threei} much stronger
[12:28] {magoo} agree with that
[12:28] {Threei} it uses market help direction wise, yes
[12:28] {Threei} but look at it making new highs while NQ is far from it
[12:29] {magoo} agrree
[12:29] {Threei} and in the green territory while NQ is still underwater
[12:39] {cosmo} AMAT
[12:39] {cosmo} 20 wall
[12:39] {cosmo} ...history
- says could widen the window in unusual cases, but widening increases moral hazard
[12:41] {Threei} - Does not think liquidity is issue in restarting financial markets at this time
[12:41] {Threei} - Says market confidence that can price assets properly crucial to market stability
[12:44] {magoo} out GTRMN here .21 TY
[12:45] {Threei} welcome
[12:45] {magoo} u out full?
[12:45] {Threei} yes
[12:47] {Threei} nice AMAT cos
[12:50] {cosmo} :)
[12:50] {magoo} if IF mkt resumes RIMM bouncer
[12:50] {bruce} any read flir here vad?
[12:51] {Threei} no
[12:51] {Threei} I am looking at FLIR daily
[12:51] {Threei} and hate what I see
[12:52] {bruce} k
[12:52] {Threei} it's like it was taken over
[12:52] {Threei} ummm... in this case, taken under
[12:53] {bruce} beat up bad - thought we might get p[op if broke .72
[13:00] {bruce} market selling off again
[13:06] {bruce} s nvda .54 stop .58
[13:07] {bruce} stopped
[13:17] {bruce} taking break
[13:17] {bruce} for anyone doing dino typre reversals - possible long setuup coming in mon
[13:26] {Threei} yo yo
[13:29] {Threei} what kind of language is that
[13:35] {Threei} now what?
[13:36] {Threei} no news on wires that would cause this
[13:36] {patience} ? what are you looking at vad
[13:37] {Threei} market sudden drop
[13:37] {patience} probably dino trading from mexico
[13:37] {Threei} he promised to stay with Corona
[13:37] {Threei} can't help himself eh
[13:38] {patience} i'm just jotting down my shopping list for the lows :)
[13:38] {Threei} Bre-X for me
[13:39] {Threei} this bounce shouldbe met with more sellig
[13:39] {Threei} looking to short RIMM, hopefully closer to .50
[13:41] {Threei} no chance
[13:42] {Threei} you know what
[13:42] {Threei} staying on a sideline
[13:42] {Threei} look at NASDAQ
[13:42] {Chaeron} can't lose $ that way.... :)
[13:43] {Threei} this is beyond psychotic
[13:46] {Threei} glad to see RIMM dropping off resistance .50 -.60, but this is pure theoretical joy
[13:46] {Threei} no way I risk a penny until market stabilizes
[13:49] {bruce} thats it - vads not trading for next 6 months
[13:51] {Threei} lol
[13:51] {Threei} or 5 minutes
[13:52] {bruce} I like mon short - but can't see low risk entry
[14:04] {bruce} vad - you got a capitulation retrace trade for us?
[14:05] {bruce} 5 mins is up
[14:05] {Threei} nope
[14:05] {bruce} sheesh
[14:05] {bruce} not that I expected one
[14:13] {GeoArb} test
[14:17] {bruce} looks like another market drop coming - could short rimm here
[14:27] {Threei} MNTA half lot .60 break long
[14:29] {Threei} stop under .40
[14:29] {magoo} i like RIKMM long, any thought vad?
[14:30] {Threei} coin toss but why not as long as you are fine with stop size
[14:30] {Threei} .25 nearest support
[14:40] {Threei} if pattern of the last hour or so holds, it's a short time
[14:40] {Threei} RIMM with stop above .50
[14:40] {Threei} invalidated, wait for weakness
[14:41] {Threei} next resistance 100
[14:41] {Threei} it breaks, no play
[14:42] {Threei} broke
[14:42] {Chaeron} geeeesh
[14:42] {Threei} 100.5 is a bit too far
[14:42] {Threei} not likely to go close to it... but that's where stop would have to be
[14:42] {Threei} nearing
[14:43] {Threei} OK, in
[14:43] {Threei} stop .60
[14:43] {Threei} got .39 on entry
[14:43] {Threei} out
[14:44] {Threei} .10 and .13
[14:45] {Threei} that was frikin fast
[14:45] {Threei} anyone managed?
[14:46] {bruce} noppers
[14:46] {Chaeron} tried and missed entry
[14:46] {Chaeron} nice job tho
[14:53] {magoo} keep looking vad
[14:53] {magoo} ill take next one
[14:57] {Threei} want RIMM pullback closer to .30 for long
[14:57] {Threei} here it is, first strength from here
[14:58] {Threei} stop under .20
[14:58] {Threei} over 1:1
[14:58] {Threei} lol
[14:58] {magoo} in
[14:59] {Threei} feel free to take profit whenever
[14:59] {magoo} out .78
[14:59] {Threei} you are about 50 cents
[14:59] {magoo} TY
[14:59] {Threei} welcome
[15:00] {magoo} 101 break a long vad?
[15:01] {Threei} not by me
[15:01] {Threei} I don't buy breaks at the top of vertical movement
[15:01] {magoo} in out .34
[15:02] {Threei} pullback or consoldiation or bust for me
[15:03] {magoo} 102 in the cards imho
[15:04] {Threei} mama mia...
[15:04] {Threei} I don't think I've seen such moves as we see today
[15:04] {Threei} EVER
[15:05] {magoo} symbol??nothing
[15:05] {magoo} EVER?
[15:09] {Threei} sigh
[15:10] {Threei} ever - as in never seen anything like this
[15:10] {Chaeron} dang.... looking on L2 for EVER too magoo....
[15:10] {Threei} MNTA, feel free to take scalp
[15:10] {Threei} even though it's not at 1:1
[15:10] {Threei} don't want to be formal here, tyhis is very informal market
[15:12] {magoo} chaer:)
[15:14] {magoo} feels like 104
[15:15] {magoo} or close easy]in
[15:16] {magoo} out
[15:19] {magoo} VAD..where reentry long RIMM?
[15:20] {Threei} in the nearest pub
[15:21] {magoo} if IF mkt comtinues...105
[15:22] {magoo} but..mkt may roll too
[15:22] {Threei} no seriously guys
[15:22] {magoo} tell u..i don't care either way as long as it moves with conviction
[15:23] {Threei} have a look at intraday NDX or COMPX or QQQQ or whatever you use for nasdaq
[15:23] {magoo} QQQQ here
[15:23] {Threei} anyone ever saw day like this?
[15:23] {magoo} uh..yesterdsay
[15:23] {Chaeron} sure.... in the futures pits....
[15:24] {Threei} that's only if you haven't ducked that elbow chaeron
[15:24] {Chaeron} heheh... still hurts when I press on it
[15:25] {magoo} but really..and this sux..everyday u say it looks like drunken dsonkey
[15:26] {Threei} why sux... add up today's calls, quite nicely in the money
[15:26] {Threei} had to be extra careful today and sit out a bit bigger portion of the day thaan usual
[15:26] {Threei} but who cares, it's the end result that matters
[15:27] {magoo} im struggling w/mkt
[15:27] {Threei} you know very well it's bound to change
[15:27] {Threei} we had it very easy in the fall
[15:28] {Threei} so so in the winter
[15:28] {Threei} extra careful trading right now
[15:28] {Threei} what's next?
[15:29] {Chaeron} we return to the 1999 type of trading :)
[15:29] {Threei} think of market as one of aspects of life... just as in any other aspect, bellyful to famine and back
[15:30] {Threei} 1999 is a honeymoon type of trading
[15:30] {Threei} can do no wrong
[15:30] {Threei} if it's ever coming back, I'll take it :)
[15:35] {Chaeron} *sigh*..... (RIMM)
[15:35] {Chaeron} calling 105 mags?
[15:35] {magoo} yes
[15:35] {Threei} I do
[15:36] {magoo} in out several
[15:36] {Threei} but I don't know which year
[15:38] {Threei} held 104 on opullback
[15:38] {Threei} can try with stop just under
[15:39] {Threei} in
[15:39] {Threei} .07
[15:39] {magoo} need mkt spike
[15:40] {Threei} what, we are out of those??
[15:40] {Threei} yeah
[15:40] {Threei} anyway, stop under .90
[15:40] {Threei} h\ere comes spike
[15:40] {magoo} in w/ya
[15:41] {Threei} come on RIMM
[15:41] {Threei} half out
[15:41] {magoo} kicking it
[15:43] {magoo} GggggOOOOOOOOOOOOOOOO
[15:43] {Threei} dizzy yet?
[15:44] {Threei} I am geting seasick
[15:44] {bruce} thats rimmsick vad
[15:44] {Threei} lol
[15:46] {Threei} I am not looking... are we there yet?
[15:47] {Threei} out balance
[15:48] {Threei} the way it goes today, will regret most likely :)
[15:48] {magoo} tough
[15:48] {Threei} lol
[15:48] {magoo} killing my eyes
[15:48] {Chaeron} .......I quit..... LOL
[15:48] {Chaeron} lost $22 and happy...
[15:49] {Threei} why not partial out when it spikes?
[15:49] {Chaeron} only got partial... too small
[15:50] {Chaeron} partial in that is
[15:51] {Threei} tomorrow I am goling to take first trade, skip two or three next, then start taking them again closer to eod
[15:51] {Threei} looks like those I win
[15:51] {Threei} last few days that is
[15:56] {magoo} gooooooooooooooo
[15:56] {magoo} rimm
[15:57] {bruce} you in mags - Hope so - I got stopped
[15:57] {Threei} careful mags, time is almost out
[15:58] {Threei} 2 min
[15:59] {Threei} 1
[15:59] {Threei} get out please, will ya?
[15:59] {magoo} out .73 TY
[15:59] {Chaeron} nice job
[15:59] {Threei} whew
[15:59] {magoo} no kidding
[15:59] {Chaeron} never seen you plead before Vad :)
[15:59] {Threei} thank you all guys, have a good evening, see you tomorrow in our asylum
[15:59] {magoo} vad wait..agree w/you
[16:00] {Threei} that was "please with trout in hand" chaeron
[16:00] {Chaeron} ah
[16:00] {magoo} i losing early everyday and fightoing back
[16:00] {magoo} we need to be aware of this
[16:00] {Threei} we are
[16:01] {Threei} but when I sit out, you trout me demanding a trade
[16:01] {Threei} :)
[16:01] {bruce} presonally - I'm getting killed- missing almost all vads wining trades and catching the losses
[16:02] {magoo} i struggling too..they are fast
[16:02] {Chaeron} I'm missig a few by a penny or two... frustrating bruce... not an easy day
[16:02] {Chaeron} damn... it's over???
[16:03] {bruce} I know chaer- frustrating though
[16:03] {Chaeron} yep... and I still am looking for more.. LOL (masochist)
[16:03] {bruce} yeah - you have to trade post mket if you want some more fun
[16:04] {Chaeron} naaaaaa. rather go to Vegas for that..... free drinks when you gamble there
[16:04] {Chaeron} bye all. Thanks Vad and everyone
[16:04] {magoo} bye chaer
[16:04] {bruce} night all
[16:04] {magoo} bruce:)
[16:05] {bruce} have a brew for dino there mags
[16:05] {magoo} i all alone, but hey..OK
[16:05] {bruce} yeah - no fightingat the fridge
[16:06] {bruce} bet dnos pouring em back
[16:11] {magoo} oh yeah they are

March 3, 2008

Session Time: Mon Mar 03 00:00:00 2008

- Market turmoil will restrain growth
[08:33] {Threei} - Notes the Fed has rightly deviated from rule-based policies noting the Fed in time of extraordinary circumstances
[08:33] {Threei} - Says the devaiation must be short lived given price mandate
[08:34] {cosmo} omg
[08:35] {magoo} morning
[08:35] {Threei} good morning
[08:35] {cosmo} jimmy rogers cashed out ...sold his bike ...moved to the south seas
[08:38] {magoo} vad, do we have to physically do any setup changes in laser this morning, the replacement inet
[08:38] {Threei} not so far, but I am keeping an eye on it
[08:39] {Threei} wording left couple questions about whether it's all "under the hood"
[08:39] {magoo} ok, you'll let us know, caus i "don't RTFM lol
[08:39] {Threei} I know :)
[08:46] {cosmo} FRPT needs to hold 3.50 imo
[09:04] {esemde} good morning lads and Lassies.....warren buffet speaks aka god.......
[09:06] {magoo} hey vad, i know we are to wait and see..but u have a good feel for whats setting up i have found
[09:07] {esemde} whats the news with FRPT cos?
[09:07] {Threei} ese :)
[09:07] {magoo} that said, to obvious to sell hard? or a sell hard is coming soon {esp. with asia pounded} just your thoughts for today
[09:07] {esemde} buffet....parties over for insurance companies
[09:07] {Threei} magoo... I am curently opereating on the asumptyion that we are to see selling pressure day
[09:08] {Threei} of course I am ready to change this notion if market shows otherwise
[09:08] {Threei} I am not clinging to my opinions
[09:08] {magoo} yeah..i beieve we were 4 days up mon thru thirs. ..down friday
[09:08] {Threei} but one gotta start somewhere
[09:09] {Threei} and my current mindset is:
[09:09] {Threei} we are in a serious bear market,
[09:09] {magoo} thats what i wanted to know
[09:09] {Threei} it was kept up for a while bu extrenal forces,
[09:09] {Threei} bu = by
[09:09] {Threei} but they can do it just for so long,
[09:09] {Threei} then relaity sets in.
[09:10] {Threei} Whether it's time for gravity to take over, remains to be seen, but so far everything points to that
[09:11] {dptl} good morning all
[09:11] {Threei} dp :)
[09:18] {magoo} so we should keep eye on stocks up big from recent bounce
[09:19] {magoo} CNBC talking retest of lows..but hey...that means rally lol
[09:22] {ThurstonHowellTheThird} good morning everyone
[09:22] {Threei} morning THTT
- Reiterates that FX rates are hard to forecast
[09:28] {Threei} - Says housing prices should stabilize during 2008
[09:28] {lumdus} good morning all. vad, you friends at the fed speaking today ?
[09:28] {Threei} hi lum
[09:28] {Threei} they seem to be speaking always
[09:28] {Threei} I start wondering whether they get paid by word count
[09:31] {Threei} watching AAPl for short
[09:31] {Threei} 125.05 stop so far
[09:31] {Threei} broke, no short for now
[09:32] {Threei} OK, it's time
[09:32] {Threei} first weakness from here
[09:33] {Threei} in .75
[09:33] {Threei} stop .90
[09:33] {GEOARB} GM
[09:33] {Threei} hi geoarb, welcome to the room
[09:34] {lumdus} out aapl .33
[09:34] {lumdus} tx vad
[09:34] {Threei} covering AAPL too
[09:34] {magoo} me too nice vad
[09:34] {Threei} welcome guys, gotta be quick on these morning moves
[09:34] {Threei} they have potential to hurt if you oversit them
[09:35] {Threei} one stock that bothers me: COIN
[09:35] {lumdus} your obessed with it. get it off your screen
[09:36] {Threei} you'll cry when it makes new 52 weeks highs :)
[09:36] {esemde} watching MRVL....
[09:36] {Threei} market sharp drop
[09:37] {Threei} AAPL did follow but not too deep
[09:37] {Threei} hate to say it, but it can be long on 126 break down the road if consolidates a bit near that resistance
[09:38] {esemde} damnnnn....looked away for 1 sec....
[09:38] {lumdus} in mf 18.62
[09:38] {esemde} man that was fast MRVL
[09:38] {Threei} this is "no blinking allowed" market ese... :)
[09:38] {dptl} grabed 10c mrvl ty Ese
[09:38] {esemde} crap!!.....and I was onto it tooo
[09:39] {esemde} nice one dp
[09:39] {Threei} can you believe VLNC?
[09:40] * magoo slaps Threei around a bit with a large trout
[09:41] {magoo} hard sell here
[09:41] {Threei} NVDA
[09:41] {Threei} .24 short
[09:41] {Threei} .35 stop
[09:42] {Threei} broke down a bit too fast
[09:42] {Threei} I dpn't think it gave a chance for entry
[09:42] {esemde} nas just dumped
[09:42] {lumdus} stop on mf 18.49
[09:42] {Threei} don't chase NVDA, let it bounce
[09:43] {magoo} man, look at rimm chart vad
[09:44] {Threei} wierd phenomenon in today's market: ERTS
[09:44] {Threei} see if it pulls back into .40 or so, it's a pullback entry for long
[09:45] {Threei} RIMM got pulled by gravity...
[09:45] {Threei} was better short... oh well
[09:45] {magoo} bouncer somehere possible
[09:46] {magoo} sigh..1 pt bounce
[09:46] {magoo} not in
[09:46] {lumdus} short timm
[09:46] {lumdus} stop 101.36
[09:47] {lumdus} covering rimm
[09:47] {lumdus} 100.53 + .66
[09:47] {lumdus} tx for the heads up folks
[09:47] {Threei} good one lum, you are in the zone
[09:47] {magoo} nice lum
[09:48] {lumdus} yeah, double coffe today. i am good untill 10:30 or so
[09:48] {Threei} NASDAQ is about to drop once again
[09:48] {Threei} who got NVDA at this bounce, stop .31
[09:49] {Threei} NQ quick dive and jump... hard to tell which one is a headfake
[09:50] {Threei} keeping tight stops on any trade so far
[09:50] {magoo} u liking ERTS here? boy..don't like longs at moment
[09:50] {Threei} want to be safe until major direction is defined
[09:50] {magoo} popped from .45 as typed
[09:50] {Threei} not for breakout mags
[09:50] {Threei} pullback entry
[09:51] {Threei} it went as low as .43
[09:51] {magoo} yeah..was .45 as typed
[09:51] {Threei} if you got it closer to .40 perfect
[09:51] {Threei} keep stop under .40
[09:51] {Threei} but no chasing
[09:51] {magoo} missed
[09:51] {esemde} watching JRJC to short....1/2 lot
[09:52] {bruce} s nvda .26
[09:52] {magoo} arca issues guys, route elsewhere alert
[09:53] {magoo} vad, how about sh nvda somewhere up here?
[09:53] {Threei} if reverses without breaking .30, sure
[09:54] {Threei} how to resist such a tight stop? :)
[09:54] {Threei} it's worth consideration on risk alone
[09:54] {magoo} one day we gonna discuss that
[09:54] {magoo} not now
[09:54] {Threei} anytime you want
[09:54] {Threei} 'xcept weekends
[09:55] {Threei} ERTS gave second chance for entry
[09:55] {magoo} ill fly out over weekend
[09:56] {Threei} long ERTS, short NVDA... I feel fully hedged
[09:56] {Threei} and if I get stopped on both, I better don't come out of the house today, bricks are garanteed to drop from the sky
[09:57] {magoo} i took neither..feeling inadequate
[09:58] {magoo} ok, sh .21 nvda
[10:00] {Threei} JAN CONSTRUCTION SPENDING: -1.7% V -0.7%E
[10:00] {lumdus} out mf 19.55 + $1.10
[10:00] {Threei} *FEB ISM MANUFACTURING: 48.3 V 48.0E; PRICES PAID 75.5 V 73.0E
[10:01] {Threei} half out ERTS
[10:01] {lumdus} damm, should have held mf more. crap !!!
[10:01] {Threei} +.28
[10:01] {magoo} stopped nvda
[10:01] {Threei} stopped NVDA
[10:02] {Threei} one more jump please ERTS
[10:02] {lumdus} vad, should i re-enter mf ?
[10:02] {esemde} JRJC...invalidated for a short...
[10:02] {Threei} I wouldn't lum
[10:02] {lumdus} ok. i'll be happy for now.
[10:03] {Threei} out ERTS in full
[10:03] {Threei} +.44
[10:04] {bruce} rimm looking like a long
[10:05] {Threei} if market ramps up again, RIMM's structure will be .60 long
[10:05] {Threei} astop under .30
[10:06] {esemde} OK i need somebody to take a look at a 15min chart of BRKR....and fire an opinion at me
[10:06] {esemde} I like the bstop at 13.75
[10:06] {Threei} yes ese
[10:07] {Threei} stop placement will depends on what you want from this one
[10:07] {Threei} .54 stop is pure daytrade
[10:07] {Threei} is = if
[10:07] {esemde} yes i like the pure daytrade
[10:07] {Threei} .54 it is then
[10:08] {GEOARB} hi vad... whats the time frame of charts youre using? (Idont have my materials yet)
[10:08] {esemde} bstop 13.75 then
[10:08] {Threei} 1 minute and daily
[10:08] {GEOARB} ok thnx
[10:08] {esemde} i min yes
[10:08] {GEOARB} and charting package?
[10:09] {esemde} anybody following FI
[10:09] {lumdus} in xto 63.68
[10:09] {Threei} one that comes with my broker
[10:09] {lumdus} stop y3.50
[10:09] {Threei} Laser software
[10:09] {GEOARB} thanks
[10:09] {Threei} sure :)
[10:09] {esemde} anybody folloing FINL for a pullback long
[10:10] {GEOARB} once i get access to the online videos... Ill get started
[10:10] {Threei} if you mean online course, you already have access to it
[10:11] {Threei} go to Login, use the same username and password as you do for the room
[10:11] {GEOARB} oh... didnt get an email with link etc
[10:11] {Threei} homepage, click Login
[10:12] {Threei} just keep in mind, that course is basics,
[10:12] {lumdus} stop on xto 63.58 now
[10:12] {GEOARB} yeah... I am wating for the nasdaq scalping CDs
[10:12] {Threei} for following what we do here it's a foundation, but not enough by itself
[10:13] {GEOARB} got in thanks.
[10:14] {Threei} :)
[10:14] {Threei} lum... look at COIN
[10:14] {Threei} see now why I am "obseesed" with it?
[10:15] {Threei} wow... ERTS went much higher
[10:15] {lumdus} well, i see
[10:15] {esemde} bstop BRKR invalidated........
[10:16] {lumdus} today is very easy and good trading. everyting behaving. i love it.
[10:16] {esemde} hmmmmmmmm this is not my day.....i see it now.....
[10:16] {Threei} why ese
[10:16] {Threei} .55 isn't tagged
[10:16] {Threei} in fact, this is low risk aggresive entry
[10:17] {Threei} with very tight stop
[10:17] {esemde} it looks like it's gonna be and the 15min chrt is looking weak
[10:18] {esemde} I still think 13.75 is a good play
[10:18] {esemde} am gonna watch it....for now
[10:19] {Threei} remember discussion of different types on entries?
[10:19] {Threei} aggressive vs regular vs conservative
[10:19] {esemde} yes
[10:19] {Threei} it's a personal preference of course
[10:19] {Threei} by my taste, I would be in .58
[10:19] {Threei} 4 cents stop
[10:19] {Threei} does it get any better than this
[10:19] {esemde} I'm not that good at judging pulbacks on the 1 min
[10:20] {Threei} thenif it works and comes into resistance, you have a mind boggling choice
[10:20] {esemde} hmmmmm
[10:20] {Threei} to grab a scalp
[10:20] {Threei} to partial put and keep half for the break
[10:20] {GEOARB} do you gus leg in or go all in?
[10:20] {GEOARB} guys
[10:20] {Threei} or to be as bold as they come and let full position to work on break or get stopped
[10:21] {Threei} I'd say, pleasant array of options for 4 cents risk
[10:21] {esemde} it was a deeper pullback .......and i didn't feel comforatble with it
[10:21] {esemde} heading up now though
[10:21] {Threei} but it held support and uoticked from it :)
[10:21] {Threei} geoarb, for a scalping full in full out
[10:21] {Threei} for daytrading full in, partialling ouyt
[10:22] {Threei} for swing trading, adding is possible BUT
[10:22] {GEOARB} thanks
[10:22] {Threei} it's not averaging down if stock moves against you, that's a no-no
[10:22] {GEOARB} ok
[10:22] {Threei} rather entry of part when it's uncertain, then adding as stock moves in your favor and breaks new resistance levels
[10:23] {GEOARB} ok
[10:24] {esemde} anyone looking at FINL as a pullback long.......this is the type of pullback that i'm use to Vad
[10:24] {lumdus} should've held mf all day, would be good for 2 weeks profit. dam crap. and i had 3 x lot
[10:24] {esemde} long setup...can think about it....
[10:26] {lumdus} ok, i need to log off MF is too much pain
[10:27] {Threei} dunno ese... FINL is somewhat wierd
[10:27] {Chaeron} gm all
[10:28] {Threei} chaeron :)
[10:28] {esemde} hows that?
[10:28] {esemde} CCCHHHHH morning
[10:29] {magoo} vad, any read NVDA sh here?
[10:29] {Threei} not really mags
[10:29] {Threei} chart doesn't show it
[10:31] {GEOARB} does anyoe use lightspeed here?
[10:31] {esemde} bstop back BRKR 13.75
[10:42] {lumdus} looking to short qcom here
[10:43] {Threei} RIMM 101 break short
[10:43] {Threei} stop/invalidating level above .30
[10:43] {lumdus} finger on trigger for rimm.
[10:44] {lumdus} s qcom 41.13
[10:44] {lumdus} stop 41.21
[10:45] {Threei} RIMM 1:1
[10:45] {lumdus} vad, i only go 100.93
[10:46] {lumdus} one more dump on rimm needed.
[10:46] {lumdus} stop b/e on rimm .93
[10:46] {lumdus} qcom might do it now. common, help here
[10:47] {magoo} beauty vad RIMM
[10:48] {lumdus} magoo you out already ?
[10:48] {Threei} who are you calling beauty?
[10:48] {magoo} yes
[10:48] {lumdus} hmm, i still think we have another huge dump
[10:48] {lumdus} vad, don't get excited.. he's call the trade beauty not you :)
[10:48] {Threei} that's what I hope for
[10:49] {magoo} uh
[10:49] {Threei} lol
[10:49] {lumdus} stop on qcom 41.13
[10:50] {lumdus} out rimm -.01
[10:50] {lumdus} chicken i am
[10:51] {lumdus} out qcom 41.00 + .13
[10:51] {lumdus} ce ya later
[10:54] {Chaeron} .
[10:56] {Threei} feels like total breakdown is coming
[10:56] {Threei} pick your victim
[10:57] {Threei} RIMM 101
[10:57] {Threei} NVDA .11
[10:57] {Threei} AAPL .70
[10:57] {Threei} sorry, RIMM 100
[10:59] {ThurstonHowellTheThird} nvda stop .21?
[10:59] {esemde} long BRKR .76
[11:00] {Threei} either .21 or .26, both are valid depending your position size
[11:01] {Threei} ese... confess... regretting of not taking BRKR at .58-.60? :)
[11:02] {Threei} shakeout on breakdowns are not over yet...
[11:04] {magoo} to late for NVDA short vad?
[11:04] {Threei} NVDA works so far, AAPL hasn't broken resistance 121, RIMM did hit stop level
[11:04] {magoo} under 21 coming
[11:04] {Threei} no chasing for me mags
[11:04] {Threei} bear market major difficulty is regular short squeezes
[11:04] {Threei} chasing downside increases risk multifold
[11:08] {GEOARB} .
[11:16] {Threei} new low NVDA
[11:17] {Threei} 1:1 reached if your initial stop was .21
[11:18] {Threei} and even if .26
[11:18] {bruce} vad - thoughts on aapl long?
[11:18] {Threei} toughie bruce...
[11:18] {Threei} I have hard time seeing these stocks as long
[11:19] {Threei} not when market teeters on a verge of breakdown
[11:19] {bruce} k- now looks to be breakingshort but hard to tell
[11:20] {Threei} NVDA +.21... 1:3
[11:20] {Threei} even if you are determined to hold for bigger move, start protecting profits
[11:20] {magoo} wish i chased it
[11:20] {Threei} ??
[11:20] {Threei} it bounced back into trigger and even higher
[11:20] {Threei} there was no need to chase
[11:20] {magoo} [11:04] {magoo} to late for NVDA short vad?
[11:20] {magoo} [11:04] {Threei} NVDA works so far, AAPL hasn't broken resistance 121, RIMM did hit stop level
[11:20] {Threei} gave second chance
[11:20] {magoo} [11:04] {magoo} under 21 coming
[11:23] {bruce} rimm bouncing off 100 for third time - looks like bounces getting weaker
[11:23] {Threei} NASDAQ bounce on lower volume
[11:23] {Threei} in my view, just another short opportunity
[11:24] {Threei} AAPL closest resistance is .30
[11:24] {Chaeron} see magoo? the market didn't want you to miss out... it likes you :)
[11:25] {bruce} youthinkinking short aapl here vad?
[11:25] {Threei} if NQ reverses sharply while AAPL delays a little for entry
[11:25] {Threei} not into pure buying
[11:26] {Threei} see how nasty these squeezes can be?
[11:27] {Threei} NVDA is almost back into original triogger
[11:27] {esemde} OUT BRKR .00 +.24 1;1
[11:27] {bruce} hard to peg entries - retracements are pretty big
[11:27] {Threei} same idea, short if NQ reverses down quickly, and NVDA shows delay
[11:27] {Threei} wtg ese
[11:27] {Threei} good trade
[11:28] {GEOARB} vad do you trade the NQ?
[11:28] {Threei} not lately
[11:28] {Threei} mostly using it as leading indicator
[11:28] {GEOARB} ok
[11:28] {esemde} tks
[11:29] {Threei} can I annoy you a little ese?
[11:29] {Threei} please? I love annoying people so much
[11:30] {bruce} aapl trying to break down again -
[11:32] {Threei} funny... NQ is jumping up - do you see much stock's following?
[11:32] {Threei} what is it that is going up with NQ, my scanner stays red mostly
[11:33] {bruce} rimm trying to break 101 vad
[11:33] {Threei} no permission by ese... sigh...
[11:35] {Chaeron} Personally, I find annoying people without their permission is so much more satisfying... Don't you magoo? :)
[11:36] {Threei} true chaeron... I am just afraid I overdid my quota :)
[11:36] {Chaeron} quota- ok... limit? I hope there's not one......
[11:36] {magoo} :)
[11:39] {bruce} aapl break finally
[11:41] {Threei} NVDA stalled at the original trigger and dropped when NQ did
[11:41] {Threei} I didn't watch it at the moment, not sure if there was entry opportunity
[11:41] {Threei} if anyone entered let me know if you need running commentary
[11:41] {GEOARB} vad, on an average how many stock charts do you have up?
[11:41] {magoo} i do
[11:41] {magoo} short .11
[11:41] {Threei} and if you entered but too shy... stop .15
[11:42] {Threei} shy magoo... now that's the oxymoron oif the century
[11:43] {Threei} beauty of aggressive entries... 4 cents stop, already over 1:1
[11:44] {Threei} much the same as with BRKR long
[11:44] {Threei} (trying to get ese via backdoor)
[11:53] {Threei} another squeeze is on
[11:53] {Threei} backing off
[11:58] {bruce} rimm as long vad?
[11:58] {Threei} it just had news, prety much ignored it
[11:58] {Threei} and siconnected from market
[11:58] {Threei} rather long than short... but I don't have much conviction
[11:59] {bruce} k was thinking possible retacement long near .20 with stop to 101 - trend looks up now
[12:01] {magoo} aapl ,ong?
[12:02] {Threei} no read on these stocks here
[12:02] {Threei} disorderly
[12:04] {bruce} charging rimm and aapl with disorderly conduct unbecoming a stock
[12:04] {Threei} lol
[12:10] {Threei} scanner barely crawling
[12:11] {bruce} mrvl longvad?
[12:11] {Threei} MRVL is very slow and narrow
[12:12] {Threei} you have enough parience to sit it out?
[12:12] {Threei} if so, pullback to .60 or so
[12:12] {bruce} thought it might move on .70 break
[12:13] {Threei} if it moves 5 cents over a few minutes, it will be like extreme running for it
[12:13] {bruce} lolo - k
[12:14] {Threei} 1 cent
[12:17] {magoo} mkt rolling a bit
[12:24] {Threei} 2 cents MRVL
[12:25] {Threei} 3... I was so wrong
[12:25] {bruce} shame on you vad
[12:26] {bruce} now 4!
[12:26] {Threei} yeah... tail down
[12:26] {Threei} with 10K shares, one already has decent profit
[12:26] {bruce} jaso vad?
[12:27] {GEOARB} 10k shares??
[12:27] {Threei} kidding
[12:27] {magoo} i was thinking of doing that vad
[12:27] {Threei} just making fun of very narrowmovements, geoarb
[12:27] {bruce} dont even think about it geo
[12:27] {GEOARB} i dont have that kind of margin :)
[12:28] {Threei} JASO... solars are beaten down so much, you would think sun is never rising again
[12:28] {Threei} probably deserve scalp here and there
[12:28] {Threei} but overall recovery is nowhere clkose it seems
[12:28] {GEOARB} on an average , how many charts do yo have open vad?
[12:29] {Threei} let me show you my screenshots
[12:29] {bruce} k vad
[12:30] {GEOARB} sure thanks..
[12:30] {Threei}
[12:30] {Threei}
[12:30] {Threei}
[12:30] {Threei}
[12:30] {GEOARB} 4 screens? ok
[12:31] {Threei} yeah... on one computer... there is one more with two screens, lol
[12:31] {GEOARB} heheh
[12:31] {Threei} but that one is mostly for administrative purposes
[12:31] {Threei} so I don't show it
[12:32] {Threei} magoo, stop this dcc abuse, administrative purposes don't mean porn
[12:33] {bruce} thats not porn vad
[12:33] {esemde} by everyone...have a great rest of the day....i'm long FINL here at .75 full lot
[12:33] {bruce} it's art
[12:34] {Threei} take care ese :)
[12:34] {bruce} bye ese
[12:34] {esemde} see ya vad
[12:34] {Threei} there is a huge offer at 15 for JASO... break of it worth a try for scalp if stays above .90
[12:35] {bruce} thats me selling my 10k vad
[12:36] {Threei} cool... if you get hit, dinner is on you
[12:36] {Threei} and I fully expect lobster stuffed with steak
[12:36] {Threei} lost support, invalidated
[12:37] {bruce} hmm
[12:37] {Threei} here goes my dinner
[12:37] {bruce} you like spam?
[12:37] {Laserdave1} magoo dcc please
[12:39] {magoo} dave dcc
[12:54] {bruce} rimm longon 101.5 break vad?
[12:55] {Threei} if stays above .25
[12:55] {bruce} just violated it
[13:11] {bruce} aapl short vad?
[13:11] {Threei} not sure... NQ is at the point where it can drop or spike upward with same odds
[13:11] {bruce} k
[13:12] {Threei} 50/50
[13:12] {Threei} roll a dice
[13:14] {Threei} this is the guy whose speculation on the deal to be announced sent market flying a week ago
[13:14] {Threei} can't believe they get away with it
[13:15] {Threei} ETFC
- Notes core brokerage not back 'to business as usual' but going 'quite well'
[13:15] {Threei} - Says no longer taking risk on asset side, sees making money from bank deposits
[13:34] {ThurstonHowellTheThird} Vad, (sorry to wake you up but...)does this market look like what happened in the tech crash of 2000?
[13:34] {ThurstonHowellTheThird} just before the big drop
[13:35] {Threei} very much so
[13:35] {Threei} storngest feeling that we are on brink of abyss
[13:36] {ThurstonHowellTheThird} I was worried you would say that :(
[13:36] {Threei} why?
[13:36] {Threei} it's quite tradeable situation
[13:36] {ThurstonHowellTheThird} Just for my longer term investments...
[13:36] {Threei} pure clean bear is a beauty
[13:36] {Threei} oh
[13:36] {Threei} sorry... my thinking just doesn't go in that direction
[13:37] {ThurstonHowellTheThird} oh well, thats why I'm diversifying into a smaller time frame
[13:37] {Threei} AAPL lod
[13:38] {Threei} .35 worth a try short if stays under .50\
[13:40] {bruce} over that already
[13:40] {bruce} waiting for next setup
[13:49] {Threei} COIN.....
[13:53] {Threei} I wish I could nail entry on this one... clear uptrending momo, but finding setup on it is not a reality
[13:53] {Threei} kind of buy and hope
[13:53] {Threei} which I am loathe to do
[14:03] {bruce} new low aapl - rimm at lod
[14:03] {Threei} really want to find short
[14:04] {Threei} gotta find the right way between violent spikes that tag stops
[14:04] {bruce} rimm here w .20 stop vad?
[14:05] {Threei} very easy to gets topped
[14:05] {Threei} I would rather try to get in a spike over logical stop lwevel
[14:05] {bruce} k
[14:07] {Threei} there
[14:07] {Threei} sharp apike, hitting stopes
[14:07] {Threei} next resistance is .50
[14:07] {magoo} let us know when u go
[14:07] {Threei} watch for entry close to it
[14:07] {bruce} you were right - it stopped out .20 without giving much of a win for short on break
[14:09] {Threei} in
[14:09] {Threei} stop over .50, ready to get out and reenter if spikes again
[14:09] {magoo} in
[14:10] {Threei} half out +.30
[14:10] {Threei} +.20, sorry
[14:10] {Threei} not trailing stop
[14:10] {Threei} still over .50
[14:10] {bruce} tried at .40 but didn't get filled
[14:10] {magoo} out .09
[14:10] {magoo} TY
[14:10] {Threei} I hit the bid bruce, .38
[14:10] {Threei} out in full
[14:11] {Threei} .90
[14:11] {Threei} +.48
[14:11] {magoo} yeah
[14:11] {Threei} this is how I want to play them... into countertrend spikes, with very tight stops
[14:12] {Threei} 13-15 cents is uncharacteristically tight stop for such stock as RIMM
[14:12] {Threei} you can play it this way only with aggressive entries
[14:12] {bruce} your .50 resiswtance was right way to play it
[14:13] {bruce} entry on break woulda stopped out
[14:13] {Threei} and even closest resistance entry woyuld
[14:13] {Threei} spike over it triggering the stops, that's the only safe entry
[14:14] {Threei} [09:35] {Threei} one stock that bothers me: COIN
[14:14] {Threei} [09:35] {lumdus} your obessed with it. get it off your screen
[14:14] {Threei} [09:36] {Threei} you'll cry when it makes new 52 weeks highs :)
[14:14] {bruce} yes - noticed that had last high at .21 which is what I thought of initially
[14:14] {Threei} how about that?
[14:15] {magoo} u sdtill dshort rimm half?
[14:16] {Threei} [14:10] {Threei} out in full
[14:16] {Threei} [14:11] {Threei} .90
[14:16] {Threei} [14:11] {Threei} +.48
[14:16] * Threei slaps magoo around a bit with a large trout
[14:16] {magoo} sorry
[14:16] {Threei} too late
[14:16] {Threei} trout is unholstered
[14:16] {Threei} no way it goes back without finsing its target
[14:16] {Threei} finding
[14:17] {bruce} hmmm - rimm loses more than half its value in 6 months
[14:17] {bruce} and now goldman removes it from buy
[14:18] {bruce} makes sense now that they've dumped all on public
[14:18] {bruce} they don't want compettion when they start to accumulate agtain
[14:19] {Threei} you know... Buy rating - we have some for sale
[14:19] {Threei} Strong Buy - hey, buy it from us please, we have a lot left
[14:19] {bruce} lol
[14:19] {Threei} Striong Buy reiterated - someone! pleae! take it off our hands!
[14:19] {bruce} stong sell - stay away from stock we're buying
[14:20] {bruce} ah rimm - sogh - wish I'd got that shoprt
[14:20] {Chaeron} ... we're buying... but let us scare the price down lower first please...
[14:28] {Threei} here comes another spike NQ
[14:28] {Threei} let stops get hit,
[14:28] {Threei} then let's look for our entry
[14:29] {Threei} in RIMM terms, that would translate into something closer to 100
[14:30] {Threei} what the heck is "conviction buy list"...
[14:31] {cosmo} your legal options...
[14:31] {Threei} lol
[14:31] {cosmo} :)
[14:32] {Threei} RIMM is coming there
[14:32] {Threei} one more vertical slpike please
[14:33] {bruce} theres resistnace at 100.15 vad as well as 100
[14:33] {Threei} yes
[14:34] {Threei} what I want is RIMM cutting through those on a parabolic move
[14:34] {Threei} doesn't really matter whether it stops between them or slightly higher than .15
[14:34] {Threei} NQ reversed... isn't getting there
[14:34] {Threei} oh well
[14:35] {Threei} actaully...
[14:35] {Threei} NQ, if goes up again forms higher low on 1 min
[14:35] {Threei} RIMM is at day's low
[14:35] {Threei} will be good bounce scalp candidate
[14:35] {bruce} got you - but we should have been looking for slowdown between 100 and .15 or so then a stop of about 20c?
[14:35] {Threei} yes
[14:36] {Threei} watching for long scalp right now
[14:36] {bruce} k - thanx good advicethose stocks are tough to play - get murdered on breaks in them
[14:36] {Threei} in
[14:36] {Threei} stop .10
[14:37] {magoo} in
[14:37] {Threei} nope
[14:37] {magoo} out
[14:38] {Threei} was a shot at double bottom NQ, but it failed
[14:39] {Threei} still looks tempting but I'd like to see one more sharp selloff
[14:39] {bruce} yep - a good try
[14:39] {Threei} like this one
[14:39] {Threei} one more leg down please
[14:41] {bruce} selling slowed - this the entry?
[14:41] {Threei} in
[14:41] {Threei} .85, stop .70
[14:42] {Threei} tough one eh?
[14:43] {bruce} stopped
[14:43] {bruce} yes -
[14:43] {bruce} still - I like these plays
[14:43] {Threei} yeah, doesn't look like it's ready
[14:43] {bruce} in and out quick
[14:44] {bruce} and nice potential on them
[14:44] {bruce} you're probably right about 1 more leg down
[14:44] {Threei} would prefer them working
[14:44] {Threei} but with these tight stops, way narroqwer than wins we took on it, I don't really mind
[14:45] {bruce} me too - but caqn live w 15c stops in these
[14:49] {Threei} situation reverses: NQ new low, RIMM not
[14:49] {bruce} aapl really selling off
[14:49] {bruce} another try rimm here vad?
[14:50] {Threei} looks like, just want NQ to show some guts
[14:51] {Threei} got .59, sorry, too fast
[14:51] {Threei} .69
[14:51] {Threei} typing deteriorates
[14:51] {Threei} stop is self-explanatory
[14:52] {Threei} come on RIMM, let's kill those shorts, we all hate them
[14:52] {Threei} excpet when we are them
[14:53] {Threei} if it bounces I want 99
[14:53] {Threei} at least
[14:53] {magoo} in .72
[14:54] * Threei kicks RIMM in the rear with heavy duty army boots
[14:55] {Threei} sheesh... NQ has no staying power whatsoever
[14:55] {Threei} out
[14:55] {bruce} stopped rimm
[14:55] {magoo} twice
[14:55] {bruce} damn
[14:55] {bruce} damn
[14:57] {Threei} initial instinct is te best to follow... short was still the way to go
[14:57] {bruce} looks to be good support near 98 vad
[14:57] {Threei} good to break you mean?
[14:58] {bruce} lol
[14:58] {Threei} :)
[14:58] {bruce} pessimist
[14:58] {bruce} rimm kicked back
[15:01] {Threei} what was that?
[15:02] {bruce} that was rimm kicking sand in our faces
[15:02] {Threei} did you see that march from .80 back into 98?
[15:04] {bruce} my charts show low of 98.03 vad
[15:04] {Threei} yes
[15:05] {Threei} I am talking about it dropping from first bounce to 98.80 all the way back into 98 and immediately back up
[15:05] {Threei} both faster than you can say mama
[15:06] {Threei} 15:02
[15:06] {bruce} got you - might be bad tick
[15:06] {Threei} nope
[15:06] {Threei} level 2 did whole dance
[15:06] {Threei} all bids and offers
[15:07] {bruce} well - thats rimm for ya
[15:07] {ThurstonHowellTheThird} looked like super-fast battle between bulls and bears
[15:07] {bruce} hard to keep 20 stops with that kind of dancing
[15:07] {Threei} that was quite unusual even for RIMM
[15:08] {bruce} not at all vad
[15:08] {bruce} I'm playing it remember
[15:08] {bruce} got to expect the weird wild and unusual
[15:15] {bruce} your thoughts on rimm long play if breaks 99 vad?
[15:15] {Threei} chart wise yes
[15:16] {Threei} its manner of tradin last hoyur - anything can happen
[15:16] {bruce} k- that sounds like hesitation to me
[15:16] {bruce} k
[15:16] {Threei} I will be equally unamazed to see it ramping up a buck or dropping all the way back
[15:17] {Threei} it's not hesitation, it's rather:
[15:17] {Threei} consider your willingness to handle the way it trades
[15:22] {Threei} TMA
[15:26] {magoo} its avail short vad
[15:26] {Threei} scary
[15:27] {Threei} it's a news about the very heart of its issues
[15:27] {magoo} any play RIMM here?
[15:27] {Threei} core reason of gap down
[15:27] {cosmo} HYBRID ARMS ...sounds like an IED...
[15:33] {magoo} ifmkt continues up....rimm maybe long
[15:42] {Threei} geoarb, look dcc please
[15:52] {Threei} am I alone in crying over COIN?
[15:53] {bruce} pretty much vad
[15:53] {Threei} fine... be that way
[15:53] {bruce} I'm crying case we missed the 2 buck retrace in rimm
[15:54] {Threei} I am not
[15:54] {Threei} I couldn't read it
[15:54] {magoo} balling here
[15:54] {bruce} what are you balling mags?
[15:55] {bruce} do we do that stuff in this room vad - balling?
[15:55] {GEOARB} hehehe
[15:55] {Threei} all these stocks like RIMM, AAPl, NVDA etc
[15:56] {Threei} they are readabke one day, out of read another
[15:56] {Threei} sometimes changes even midday
[15:56] {Threei} you could see it last week with AAPL
[15:56] {Threei} just trying them to see if they work
[15:56] {Threei} if they do, fine
[15:56] {Threei} they become a subject of abuse
[15:57] {Threei} much like we abused AAPL last Thursday
[15:57] {Threei} they don't, we hunt for another
[15:57] {Threei} but COIN, sheesh... had a strongest feeling about it, talked for days
[15:58] {Threei} OK guys, thank you all
[15:58] {Threei} have a good evening
[15:58] {Threei} see you tomorrow
[15:59] {GEOARB} thanks vad
[15:59] {dptl} have a good evening all
[15:59] {magoo} ty all