RealityTrader Trading Log

Friday, June 27, 2008

Jun 27 2008

Session Time: Fri Jun 27 00:00:00 2008
[08:17] {Threei} - Personal Income: 0.4% v 0.2% prior.
[08:17] {Threei} - Personal Spending: 0.7% v 0.2% prior.
[08:19] {Threei} A small chorus of City bankers dissent from the view that inflation is the chief danger in the US and other rich OECD countries. The teams at Societe Generale, Dresdner Kleinwort, and Banque AIG all warn that deflation may loom as housing markets crumble under record levels of household debt.
[08:19] {Threei} Bernard Connolly, global startegist at Banque AIG, said inflation targeting by central banks had become a "totemism that threatens to crush the world economy."
[08:19] {Threei} He said it would be madness to throw millions out of work by deflating part of the economy to offset a rise in imported fuel and food prices. Real wages are being squeezed by oil, come what may. It may be healthier for society to let it happen gently.
[08:30] {Threei} MAY PCE CORE M/M: 0.1% V 0.2%E; PCE CORE Y/Y: 2.1% V 2.2%E; PCE DEFLATOR Y/Y: 3.1% V 3.2%E
[08:30] {Threei} MAY PERSONAL INCOME: 1.9% V 0.4%E; PERSONAL SPENDING: 0.8% V 0.7%E
[08:30] {Threei} - Prior Personal Income revised from 0.3% to 0.4%
[08:40] {GeoArb} gm
[08:40] {Threei} Geo :)
[08:45] {brian3579} gm
[08:45] {Threei} brian :)
[08:46] {peterg} hola
[08:46] {Threei} peter :)
[08:54] {cosmo} ESLR holding 9.85 far
[08:54] {cosmo} Evergreen Solar announces pricing of $325 mln of Senior Convertible Notes and entry into stock lending agreement and capped call 7:28am)
[08:55] {Threei} before the numbers at 8:30 it looked like market intended to stop existing today
[08:55] {Threei} reaction on numbers was as if market decided to postpone death till Monday
[08:55] {cosmo} .. a good day to die
[08:57] {esemde} ahhhhhhhh.....i'm here...good morning
[08:57] {Threei} ese :)
[08:58] {esemde} "whats the buzz tell me whats a Happennin""whats the buzz tell me whats a Happennin"....JC superstar!!!\
[08:59] {esemde} boy i missed this.....
[08:59] {Threei} :)
[09:00] {esemde} last day of school cards at 9:00am sharp....who wants to pass ...who wants to fail....?
[09:00] {esemde} dino..... cos....mags...hmmmmmmm
[09:01] {esemde} have you studied hard????
[09:01] {cosmo} ese giv'n me flash backs
[09:01] {peterg} money honey
[09:02] {peterg} anybody old enuf to rbr elvis on that?
[09:02] {esemde} yes indeed...
[09:02] {cosmo} ESLR tests 10....maybe...
[09:02] {peterg} ok!
[09:02] {cosmo} needs to hold 9.85
[09:03] {esemde} I am going to go long ESLR....
[09:03] {esemde} small swing trade
[09:03] {cosmo} stop .84 i think
[09:04] {fernp} Good morning all
[09:04] {esemde} fern
[09:04] {Threei} fern :)
[09:05] {esemde} is there ESLR news?
[09:05] {Threei} pricing convertibles
[09:06] {_dagdet} good morning
[09:06] {esemde} ahhhhh
[09:06] {cosmo} raising debt...
[09:06] {esemde} dag
[09:06] {dptl} good morning all
[09:06] {Threei} dag, dp :)
[09:06] {fernp} ESLR -8.8% (announces pricing of $325 million of senior convertible notes and entry into stock lending agreement and capped call transaction)
[09:06] {_Lisa_Jay} Good morning. Can't stay long..need to take kid to Dr's :-(
[09:06] {Threei} hi Lisa
[09:06] {esemde} some dilution then.......
[09:07] {Threei} hope just a flu
[09:07] {esemde} lisa..
[09:07] {_Lisa_Jay} 103 fever for 3 days...
[09:07] {esemde} thats what i felt like not being on this board most of this week
[09:09] {Threei} lol
[09:09] {peterg} tylenol, cold compress, liquids
[09:10] {esemde} Gin and Tonic!!!
[09:10] {_Lisa_Jay} I tried Vodka...did not help.
[09:11] {Threei} it can't be
[09:11] {esemde} some barley sandwiches for sustanance
[09:11] {peterg} ese long ESLR; Cosmo short?
[09:11] {Threei} every time I try vodka it helps with something
[09:11] {esemde} not long yet....but want to be
[09:11] {Threei} not necessary what I wanted help with, but still
[09:11] {peterg} Absolut Citron
[09:11] {cosmo} no pete
[09:11] {peterg} ok
[09:11] {fernp} yesterday: Russia 0 - Spain 3
[09:11] {judijim} good morning everyone:)
[09:12] {_dagdet} oh eah (((
[09:12] {esemde} jj
[09:12] {fernp} vad, if you need my shoulder...
[09:12] {Threei} if nothing else, it helps stop being sober
[09:12] {Threei} jj :)
[09:12] {Threei} th8ank you fern... offer it to dag and dp, I will manage :)
[09:13] {esemde} slumped over.......falls of end of crab dock
[09:13] {Threei} lol
[09:13] {Threei} good one
[09:13] {Threei} what can you do... unlike hockey, soccer was never Russia's strong spot
[09:14] {Threei} hockey and chess - another matter
[09:14] {fernp} Russia has a graet team
[09:14] {esemde} frozen balls don't kick very far do they??
[09:14] {cosmo} combined?
[09:14] {Threei} lol
[09:15] {peterg} anybody sniffing around anything for today, or dead mkt?
[09:15] {Threei} you guys crack me up
[09:15] {Threei} no way to tell peter
[09:15] {Threei} let's just go with the flow
[09:15] {peterg} wait and see
[09:15] {esemde} watching ESLR and HERO
[09:15] {Threei} PPT intervenes, we have rally
[09:15] {Threei} they don't, we drift lower
[09:15] {esemde} Hero could break out above 36.90
[09:15] {esemde} then skys the limit
[09:16] {esemde} have buy stop in....
[09:16] {Threei} just recall how many times over last few months it looked like complete meltdown in the making, yet market rallied against all expectations
[09:16] {esemde} small
[09:17] {Threei} all kinds of market observers calling for end of days every day get eggs on their collective face, blame manipulators, then one day they will be right of course
[09:17] {dino} gm all
[09:17] {Threei} you we won't hear the end of "told ya so"
[09:17] {Threei} dino :)
[09:17] {esemde} dino
[09:18] {cosmo} ESLR tests .85
[09:19] {dino} but wait vad, wasn't cnbc and all the talking heads telling everybody to buy in may?
[09:20] {dino} and answer your die q?, the day is not over yet
[09:20] {Threei} they sure were, after NASDAQ rallied what, 300 points?
[09:20] {Threei} so their raving marked the end of rally {GGG}
[09:20] {cosmo} its only half over
[09:20] {dino} in any case, i feel a fun day is upon us
[09:21] {dino} i want bartiromma to talk about shorting possibilities
[09:21] {dino} also, for what its' worth, bunch of friends asking me about trading oil futures last night
[09:21] {dino} getting close
[09:21] {Threei} yes... but some pain is still ahead
[09:22] {Threei} this stubborn consolidation near the high while all the noises about increased supply, demand destruction etc are made
[09:22] {Threei} typical JBE during negative information flow
[09:22] {Threei} so new highs that we saw overnight were in cards
[09:22] {magoo} mornink comrades
[09:23] {Threei} magoo :)
[09:23] {magoo} "watched RED DAWN" last nite
[09:23] {dino} indeed vad, indeed
[09:23] {Threei} ese... look how your word has stuck :)
[09:23] {peterg} vad already invaded north america
[09:23] {Threei} dino can't help but use it twice in three word sentence
[09:24] {Threei} that was gentle invasion peter
[09:24] {peterg} true
[09:24] {Threei} I killed about couple hundered of mosquitos
[09:24] {Threei} that's about it
[09:24] {esemde} indeed!!!!
[09:24] {Threei} lol
[09:25] {magoo} peterg, orange stoli
[09:25] {Threei} yikes
[09:25] {peterg} not bad--will try it
[09:25] {hawkfan4} good morning all
[09:25] {esemde} anybody on this board from the Winnipeg , Kenora Ont area.....??
[09:25] {Threei} I'll never understand people that need fruit flavor with their vodka
[09:25] {Threei} hawk :)
[09:25] {peterg} we also need suger with our coffee
[09:26] {Threei} double yikes
[09:26] {esemde} am gonna be there july 8th...
[09:26] {dptl} specialy vanila stoly...wierd
[09:26] {Threei} dag, dp... help me out guys
[09:26] {Threei} thank you dp
[09:27] {Threei} where is Roman
[09:27] {Threei} will need his support too
[09:27] {peterg} The fruit flavor overcomes the gasoline taste
[09:27] {dptl} they probobly gonna do ice cream stoly soon
[09:27] {Threei} vodka needs to be defended from this fruit madness
[09:27] {Threei} lol
[09:27] {peterg} pure stoli good, iced
[09:27] {magoo} HEY, i drink it straight
[09:27] {magoo} its sooooooooo good
[09:28] {Threei} high five
[09:28] {Threei} watching ABAT
[09:29] {Threei} traded at 5.90 earlier
[09:29] {dino} buble gum stoli next............not!
[09:29] {Threei} ouch
[09:29] {Threei} I have too vivid imahgination
[09:29] {dptl} yeah like chewing
[09:30] {magoo} skoal stoli ?
[09:30] {peterg} very good magoo
[09:30] {Threei} 5.80 long if holding above 5.70
[09:31] {Threei} offer half at 5.94
[09:32] {Threei} scalpers don't need my instructionas
[09:32] {Threei} they chew on anything that moves
[09:32] {peterg} long ESLR at .97
[09:32] {Threei} if it breaks 6, you have a choice to exit second half or start trailing
[09:33] {Threei} your choice, it's Friday
[09:33] {Threei} Roman... tell us you hate fruit-flavored vodka
[09:33] {Roman} 21 :)
[09:34] {esemde} should be interesting peter
[09:34] {dptl} +.11 ty abat
[09:34] {peterg} out ESLR at .16 + .17
[09:34] {Threei} I'll interpret that chassir smile as nod
[09:35] {Threei} still would like to get a nod fromdagdet
[09:35] {Threei} why so early dp?
[09:35] {dptl} 1:1
[09:36] {Roman} 21 long BDCO
[09:36] {Roman} 21 2.24
[09:36] {Roman} 21 long PLUG 2.71 small
[09:36] {magoo} how much u looking for roman?.75 cents?
[09:37] {Roman} 21 depends what the market does
[09:37] {magoo} vsad, look RIMM for a bounce
[09:37] {Roman} 21 QTWW long setup
[09:37] {Threei} mags, no way to alert in advance
[09:38] {Threei} just too fast
[09:38] {GeoArb} audio threei audio
[09:38] {Roman} 21 BLDP long setup
[09:38] {magoo} is there chart support anywhere on it?
[09:38] {Threei} 110
[09:39] {magoo} oy
[09:40] {Threei} VNDA
[09:40] {Threei} that's one serious pullback from 6.5
[09:40] {Threei} 4 area is support on daily
[09:40] {Threei} I'd exact some scalpable bounce
[09:42] {dino} ande
[09:42] {Roman} 21 long HYGS
[09:42] {Roman} 21 1.37, 1/3
[09:42] {Roman} 21 SOL short
[09:43] {Threei} I'll wait for 3.40 on HYGS
[09:43] {Threei} break on daily
[09:43] {peterg} long VINDA
[09:44] {Roman} 21 in SOL 17.38 short
[09:46] {Roman} 21 CPST radar
[09:47] {peterg} out VINDA - dime.
[09:47] {Roman} 21 money rotating in alternative energy seems, from solars to wind
[09:47] {Roman} 21 and hydro, and other
[09:47] {fernp} Hydrogenics (HYGS) announces that it has provided an integrated hydrogen generation system to Shell Hydrogen
[09:47] {Roman} 21 BCON & CPST
[09:47] {Roman} 21 BDCO rocking
[09:49] {Roman} 21 cover SOL
[09:49] {Roman} 21 waching MPET
[09:51] {Threei} SQNM, half lot long 16
[09:51] {peterg} The Return of VInda
[09:51] {peterg} VNDA
[09:51] {Threei} stop under .85
[09:53] {cosmo} ESLR hod = 10.30 fyi
[09:55] {dino} wynn sm l .03
[09:55] {esemde} what does hod mean cos
[09:55] {cosmo} hig of the day
[09:55] {cosmo} high
[09:57] {dptl} stopped sqnm
[09:57] {esemde} hig works....
[09:58] {esemde} just like 2nd world war secret code...
[09:59] {peterg} still got my decoder ring
[09:59] {magoo} in SQNM
[09:59] {magoo} .99
[10:01] {Threei} PPT is back to work?
[10:01] {Threei} got a target for HYGS Roman?
[10:02] {Roman} 21 no target
[10:02] {Roman} 21 just higher
[10:02] {Roman} 21 alright 1.72
[10:03] {Threei} ugh
[10:03] {Threei} with 5K lot there will be too many temptations to take profit on the way :)
[10:04] {Roman} 21 long JSDA
[10:04] {Roman} 21 3.38
[10:04] {Roman} 21 small
[10:05] {magoo} anyone go SQNM with me?
[10:05] {dptl} i got stopped
[10:05] {magoo} i miss the stop?
[10:05] {esemde} am watchin it...but not long
[10:06] {dino} fwlt sm .04
[10:06] {dptl} .85
[10:07] {esemde} 1/2 lot long HERO .40
[10:08] {Roman} 21 IVAN
[10:08] {Roman} 21 got a small scalp in it
[10:08] {Roman} 21 long
[10:08] {esemde} all hell should break looose if it gets past .90
[10:10] {esemde} 1 years high at 37.00 for HERO
[10:11] {Threei} .40 was beautiful entry
[10:11] {esemde} tks
[10:11] {esemde} have ben watching it for a week or so
[10:12] {Threei} I envision ese standing in front of troops with right hand raised, commanding "Unleash Hell!!"
[10:12] {esemde} volitile stock....big swings
[10:13] {esemde} could just as easily retrace 35.90 before going up
[10:14] {Threei} dp, look dcc pls
[10:15] {dino} lorl
[10:18] {Threei} market is wierdly sleepy
[10:18] {esemde} indeed
[10:18] {Threei} after yesterday shocking selloff you'd expect more activity today
[10:18] {esemde} hmmm missed that sell off
[10:19] {Threei} stats say yesterday selling made this June worst one since Great Depression
[10:19] {magoo} except that its friday
[10:19] {esemde} wow!!!
[10:19] {esemde} big statement to make
[10:19] {hawkfan4} that's depressing
[10:20] {Threei} greatly
[10:20] {magoo} i thought and said to dino......dead cat bounce...down rest of monday panic...monday afternoon strong surge into bell....big up tues.....
[10:20] {esemde} unless your short of dino
[10:20] {Threei} writing it all down mags
[10:21] {dino} ironically, not many shorts es, mostly going long on drops
[10:21] {Threei} remember my long time rant "no matter what rallies we get, it's still long term bear market"?
[10:21] {magoo} but that seems to actually we should ..i say should...go up 300 today
[10:22] {dino} fwlt stop to .49
[10:23] {magoo} we definately in bear...but in every bear there be goo bounces
[10:23] {magoo} goo=good
[10:23] {dino} out fwlt .69, +.65
[10:23] {Threei} I like goo
[10:23] {magoo} goo=magoo
[10:23] {dino} some days you eat the bear, some days he eats you
[10:26] {GeoArb} V and IPI have chances of going up today
[10:26] {GeoArb} being added to the index
[10:28] {Roman} 21 PEIX got some volume
[10:28] {Roman} 21 probabl a boucnce
[10:29] {Roman} 21 stopped PLUG
[10:29] {Roman} 21 long JASO
[10:29] {Roman} 21 18.15 area, stop under 18
[10:29] {Roman} 21 small
[10:30] {Roman} 21 long PEIX small
[10:30] {Roman} 21 2.13
[10:31] {Roman} 21 CSIQ sqeeze
[10:31] {Roman} 21 reversal
[10:31] {esemde} there she blows........past 37.00 skys the limit...HERO
[10:32] {dino} lorl sm s .65
[10:32] {Threei} beauty ese
[10:32] {esemde} there she blows........past 37.00 skys the limit...HEROVad
[10:33] {esemde} any advice Vad
[10:33] {Threei} partial
[10:33] {esemde} let this ride for a couple of days
[10:33] {Threei} it looks fantastic but volatility is horrible
[10:33] {esemde} true
[10:33] {Threei} and market is on a brink of black whatever
[10:34] {esemde} indeed
[10:34] {Threei} friday, monday, tuesday
[10:34] {Threei} protect'em profits
[10:34] {Threei} there is cost to it but view it as insurance
[10:34] {Threei} in many cases insurance is wasted money
[10:35] {Threei} but when that one comes... you couldn't be happier you did buy it
[10:35] {magoo} according to prophet magoostradamos
[10:35] {esemde} yesssss....????
[10:35] {magoo} [10:20] {magoo} i thought and said to dino......dead cat bounce...down rest of monday panic...monday afternoon strong surge into bell....big up tues.....
[10:36] {magoo} [10:21] {magoo} but that seems to actually we should ..i say should...go up 300 today
[10:36] {magoo} [10:22] {d
[10:36] {magoo} does that provide clarity
[10:36] {Threei} ese... most prophets tend to say "here is what happens next"... then choke, get blue in the face and die on you... disgusting habit of prohpets
[10:36] {magoo} like all prophicies{ugh spelling} can be interpretted differently
[10:37] {Threei} you shake them, yelling "tell me, tellme!"
[10:37] {Threei} they open their eyes for the last time, try to say something
[10:37] {esemde} indeed....
[10:37] {Threei} you try to decode those last words
[10:37] {Threei} no luick
[10:37] {magoo} u predicting magoo demiose vad?
[10:38] {Threei} here is what happens next to you magoo:
06[10:38] * Threei chokes, falls down, his face goes blue
[10:38] {magoo} smells fishy
[10:39] {GeoArb} i think he had too mych blueberry sundae
[10:39] {Threei} no such thing as too much blueberry
[10:41] {Roman} 21 stopped JASO
[10:41] {magoo} stopoped SQNM btw.69
[10:41] {Roman} 21 short GOLD
[10:41] {Roman} 21 45.23 area small
[10:41] {Roman} 21 looking for pullback to 44.75
[10:46] {kazaam} hero 37.25
[10:46] {magoo} sheesh...what everybody do?..go and throw away their blackberries?
[10:47] {kazaam} market does not want to help
[10:51] {esemde} gonna partial out at .40....half the 1/2 lot
[10:53] {kazaam} out all +.02, cant watch the market sell off hard and hold this long
[10:53] {Chaeron} good morning everyone
[10:53] {Threei} chaeron :)
[10:53] {Threei} watching BRCM for short on this bounce
[10:54] {Threei} 27.20 closest resistance
[10:54] {Threei} if NQ loses 1850 we are likely to get continuation of yesterday's selling
[10:56] {Threei} in
[10:56] {Threei} .17
[10:56] {Threei} .25 stop
[10:57] {dino} sm l spwr .70, stop .27
[10:58] {Threei} 1:1 was easy...
[10:58] {Threei} not sure about PPT
[10:59] {magoo} i can't pull up that symbvol
[10:59] {GeoArb} lol
[10:59] {Threei} nobody can
[10:59] {Threei} it's a case of "nevermind the man behind the curtain"
[10:59] {Roman} 21 cover GOLD +.40
[10:59] {Threei} wtg
[11:00] {Roman} 21 JSDA could pickup some steam on 3.5 break
[11:01] {Threei} OK, covered half
[11:01] {Threei} stop .21
[11:02] {Roman} 21 which one your covered?
[11:02] {Roman} 21 i am in BRCM with u
[11:02] {Threei} BRCM
[11:02] {peterg} PPT? Parts per Thousand?
[11:02] {Threei} want to see 27 breakdown
[11:02] {Threei} lol
[11:02] {Threei} die BRCM
[11:03] {dino} lorl bstop to .71
[11:04] {Threei} OK, are those jokes or PPT really needs translation?
[11:04] {dptl} yea what is it
[11:04] {peterg} yup
[11:04] {Threei} Plunge Protection Team
[11:05] {Threei} half mystic organization the very existence of which was denied for a long while
[11:05] {peterg} Jesse Livermore's gang
[11:05] {Threei} tasked with supporting the market when it gets truly scary
[11:05] {dino} spwr stopped -.43
[11:05] {magoo} whos money they use?
[11:05] {Threei} HAH
[11:05] {Threei} yours of course
[11:06] {Threei} long gone are times when Livermore was asked to chan ge the way he operated his own money in order to save the market
[11:06] {Threei} now it's all taxpayer
[11:07] {peterg} gd pt
[11:08] {dino} lorl t5o b/e
[11:11] {dino} to b/e
[11:11] {Roman} 21 long BCON full size 1.95
[11:11] {Roman} 21 break
[11:12] {dino} spwr was rinse, re-load sm at .60
[11:12] {magoo} vads..where long trigger on naz?
[11:13] {Threei} I don't see any
[11:13] {Threei} bounces are to be shorted
[11:13] {fernp} out KG +.10 not too much but easy
[11:13] {Threei} :)
[11:13] {dino} rally coming, my gut says
[11:14] {Threei} easy money - my favorite kind
[11:14] {fernp} me too
06[11:15] * Threei hits BRCM over the head with 2x4 endowed with rusty nailes
[11:15] {dino} endowed?
[11:16] {Threei} equipped?
[11:16] {dino} lol
[11:18] {peterg} imbricated
[11:18] {Threei} encrusted
[11:19] {dino} lorl bstop to .35
06[11:20] * Threei puts a bowl with poison in front of BRCM
06[11:22] * Threei handcuffs BRCM, puts it on an edge of chasm and kicks it in the rear
[11:23] {esemde} outta here to do report cards....OK}}} all pass...even dino......have a great long weekend
[11:23] {GeoArb} bye ese
[11:23] {Threei} take care ese, have a good one
[11:23] {esemde} see ya geo
[11:23] {esemde} Vad
[11:23] {Threei} not long weekend for US, I don't think
[11:23] {peterg} & tks for ESLR
[11:24] {dino} cov lorl .40, +.25
[11:24] {peterg} no--in Canada?
[11:24] {Threei} Canada Day
[11:24] {peterg} In US, july 4th on Friday
[11:24] {peterg} O Canada.........
[11:24] {Threei} July 1 here
[11:24] {GeoArb} off to work... have a great weekend guys
[11:24] {Threei} take care Geo
[11:24] {peterg} By Geo
[11:24] {Roman} 21 LNUX spike
06[11:25] * Threei pours cement in the basin ar BRCM feet
[11:25] {Threei} don't see any news LNUX
[11:28] {fernp} TRLG looks fine
[11:31] {Threei} oh, I know why market bounced
[11:42] {peterg} m?
[11:42] {peterg} that is, hmm?
[11:43] {peterg} quiet here--busy minds.
[11:44] {Threei} try comatose
[11:45] {peterg} I'm going to get my chicken chile soup, w. blk beans
[11:45] {Threei} but notice how skillfully we mask our coma pretending to be deeply in thoughts
[11:45] {peterg} gotta have a good game face
[11:48] {Roman} 21 damn, missed VLNC
[11:48] {dino} ham and cheese here
[11:49] {dino} spwr stop to .15
[11:50] {dino} to .45
[11:50] {dino} out +.85
[11:50] {dino} most likely too soon
[11:51] {dino} seems cme under 400 again
[12:00] {peterg} CALM
[12:00] {peterg} lookiing
[12:01] {peterg} new high
[12:01] {peterg} lots volume
[12:01] {peterg} vad like?
[12:01] {Threei} not here
[12:01] {dino} crazy one
[12:01] {Threei} need pullback
[12:02] {peterg} dino, im attracted to the craxy ones
[12:02] {peterg} crazy
[12:02] {peterg} story o f my life ha ha
[12:02] {Roman} 21 long JASO 18.00
[12:03] {dino} lol
[12:03] {Roman} 21 trying again with at stop under 17.85
[12:03] {Roman} 21 full size this time
[12:05] {dino} ouch teloz
[12:07] {magoo} .20 isa long trigger RIMM..turned it bac
[12:07] {magoo} 3 times
[12:07] {magoo} RISKY
[12:07] {peterg} HERO new high
[12:08] {Threei} ese hooked great one
[12:08] {peterg} agreed
[12:08] {magoo} .97 stop
[12:09] {magoo} make that 4 times turned back
[12:18] {magoo} out RIMM.71
[12:18] {magoo} + .49
[12:19] {kazaam} rig l .11
[12:20] {kazaam} sl 152.90
[12:20] {Chaeron} nice one mags
[12:21] {magoo} ty
[12:25] {kazaam} rig 1/2 +.18 1/2 +34
[12:27] {Roman} 21 shorting GOLD
[12:27] {Roman} 21 45.86 area small
[12:28] {Roman} 21 wide stop
[12:29] {dptl} Roman, are using 1min charts?
[12:29] {Roman} 21 i am using all charts
[12:29] {Roman} 21 1-3-5-15-30-60-etc
[12:30] {dptl} i see ty
[12:32] {Roman} 21 out 1/2 JASO
[12:32] {Roman} 21 +.17
[12:35] {fernp} out TRLG +.12 again not too much but easy
[12:36] {Roman} 21 short SOL
[12:36] {Roman} 21 17.98 stop 18.12
[12:41] {peterg} was told SOL "restricted" I cant short it. hm
[12:41] {Roman} 21 what platform u on?
[12:41] {peterg} fidelity active trader pro
[12:41] {Roman} 21 tradestation got it
[12:42] {peterg} got what
[12:42] {Roman} 21 got it short
[12:42] {peterg} ah ha
[12:42] {Roman} 21 has short available SOL
[12:42] {Threei} laser does too
[12:42] {magoo} shh rimm .15
[12:44] {magoo} stop .51, 300 shares
[12:46] {Roman} 21 in BCON since 1.95 slow
[12:47] {magoo} stop flat now .15
[12:51] {magoo} out here .82, + 32
[12:51] {magoo} brb
[12:52] {Threei} market breakdown is coming it seems
[12:52] {Roman} 21 but dino said it's going to rally
[12:52] {Roman} 21 i am with Dino
[12:53] {Roman} 21 i am keeping an eye on DSTI for swing oportunities
[12:54] {Threei} {DSTI} sorry Roman, I am a family man
[12:54] {Roman} 21 nice
[12:55] {Roman} 21 come on vad, you like sto swing once in a while
[12:55] {Roman} 21 only if it feels right tho
[12:55] {Threei} well... I am easily bribed by solid piece of bacon
[12:56] {Chaeron} what will you do if offered a whole hog?
[12:56] {Threei} ummm... ask for a butcher?
[12:56] {Chaeron} lol
[12:58] {Threei} beautiful SOL
[12:58] {Threei} thank you Roman
[12:59] {Roman} 21 out remaining JASO -.02
[13:00] {kazaam} super sm kgc l 23.53
[13:03] {Threei} here is my breakdown
[13:03] {Threei} I win
[13:03] {Threei} what did we bet on Roman?
[13:03] {Threei} whole hog?
[13:04] {Roman} 21 all i said i am with dino
[13:04] {Roman} 21 please direct all inquiries to him
[13:05] {peterg} mkt rally question
[13:06] {Roman} 21 cover SOL
[13:08] {dino} ?
[13:08] {dino} lod dji
[13:09] {dino} ok, i see now
[13:09] {dino} still feel it, agree w/rfr
[13:12] {kazaam} uso hod
[13:12] {Threei} BRCM fooled us on second half eh
[13:13] {kazaam} kgc stopped -.10
[13:14] {dino} good stop
[13:15] {kazaam} tks, only in the right trading room will you hear good stop, heh
[13:15] {Threei} stops are blessing
[13:15] {Threei} they do exactly what their name calls for - they stop losses
[13:16] {dino} waitresses are too, you ask for things and they bring them
[13:18] {Threei} lol
[13:19] {dino} great concept
[13:20] {dino} just about gun to the head time
[13:20] {dino} get the magic 8 ball out magoo
[13:20] {magoo} i can't..i smashed it yesterday
[13:21] {dino} son of a ';-
[13:23] {magoo} my morning prediction so far so good..
06[13:23] * Threei slaps laserdave1 around a bit with a large trout
06[13:26] * Chaeron slaps laserdave1 around a bit with a large trout
06[13:27] * magoo slaps laserdave1 around a bit with a large trout
[13:28] {dino} sm l spwr .25, stop .83
[13:34] {kazaam} maybe GOLD long @ .33?
[13:38] {peterg} Another breakout?
[13:41] {dino} tighten spwr to .97
[13:41] {dino} not working
[13:43] {peterg} hope kaz bot GOLD
[13:44] {kazaam} nope, ran away without me
[13:44] {peterg} me too
[13:45] {dino} wow down 600 points in two days
[13:45] {peterg} higher oil sends dow tumbling again AP
[13:45] {Threei} impressive
[13:46] {peterg} at last armageddon
[13:46] {peterg} or Ragnarok in Norse mythology
[13:46] {Chaeron} I'm getting out my Dow 10K party hat out again
[13:46] {peterg} great
[13:47] {kazaam} is USO an ETF? and if so are there any fees on it if you daytrade it?
[13:47] {dino} spwr stopped -.28
[13:48] {peterg} looks like etf; just commission then
[13:49] {peterg} cant be mutual fund with daily price charts
[13:55] {kazaam} i thought some etfs have mgmt fee or something?
[13:57] {dino} v sm teloz l .69
[13:58] {stevefo} hey everyone
[13:58] {Threei} hey steve
[13:58] {stevefo} Have I missed anything the last couple of days? ;-)
[13:58] {Threei} was beautiful trading up to yesterday
[13:59] {Threei} every day in profit, and nicely sized
[13:59] {Threei} yesterday was less than stellar
[13:59] {Threei} (payback time I guess)
[13:59] {Threei} today is not outstanding but solidly in the plus
[13:59] {Threei} there... my report
[14:00] {Threei} kaz, no fees for ETF trading that I know of
[14:00] {Threei} just usual commissions, as with any other stock
[14:01] {stevefo} Awesome, thanks Vad. I've been preparing for Court the last few weeks, case settled, I'm back.
[14:02] {Threei} cool... end of the world is coming next week, so you'll be here to witness it :)
[14:02] {Chaeron} so is that a short call on anything?
[14:03] {Threei} on everything
[14:03] {Threei} well... excpet QID of course :)
[14:03] {Threei} didn't we have a few today?
[14:03] {Threei} Roman's SOL was pure beauty
[14:03] {Threei} BRCM worked for half too
[14:03] {magoo} will this mkt ever bounce again??????
[14:03] {Threei} no mags
[14:03] {Threei} never
[14:03] {Threei} it's all over
[14:03] {magoo} screw a rally..i just want a bounce
[14:04] {Threei} it goes to zero in astraight line
[14:05] {dino} magoo, we are going to flat or green sometime today
[14:05] {stevefo} well, at least we're long sarcasm, that's something?
[14:05] {magoo} ah dino...this nieave innocence
[14:06] {magoo} l rimm .50
[14:07] {magoo} sm..risky,..stop .97
[14:11] {magoo} will RIMM ever ever go green again vad??
[14:12] {Threei} nope
[14:12] {Threei} nothing will ever go green, including evergreen plants
[14:12] {Threei} they will choke of all the CO2 we emit
[14:12] {Chaeron} (global warming?)
[14:13] {Threei} and if you need proof of the concept just look at ESLR price and the company name
[14:14] {fernp} out CRBC other +.10 cen
[14:16] {magoo} out RIMM .11 +.61
[14:18] {Threei} wtg guys
[14:18] {dino} gj
[14:19] {Threei} ABAT again
[14:19] {Threei} ugh... missed it earlier
[14:19] {Threei} ACOR if pulls back closer to 33 is pullback long
[14:21] {Threei} sharp market selling
[14:22] {fernp} I have to go. Have a nice weekend all.
[14:22] {magoo} bye femper
[14:23] {dino} hugh
[14:24] {Threei} take care fern
[14:30] {Chaeron} sharp market buying
[14:30] {Chaeron} lol
[14:30] {Threei} yup
[14:30] {Chaeron} but for how long?
[14:30] {Threei} until next sharp market selling
[14:31] {Chaeron} wow... you're good
[14:31] {Threei} ain't I
[14:33] {stevefo} isn't 1:30 when the FOMC plunge team works?
[14:34] {stevefo} sorry 2:30 EST
[14:34] {Threei} unknown their ways are
[14:34] {stevefo} learn more I must
[14:34] {Threei} mystic and musterious
[14:36] {magoo} yoda?? train more u must
[14:36] {stevefo} :-)
[14:37] {Chaeron} RIMM?
[14:38] {Chaeron} trying to prove you wrong threei and close green?
[14:39] {Threei} it won't prove me wrong - my opinions change on a dime, won't take me long to prononouce that market will never go down again
[14:39] {Chaeron} roflol
[14:39] {Chaeron} classic
[14:40] {dino} vad, what you fail to realize is quite simple, i am the ppt
[14:41] {Threei} oooohhh
[14:41] {Threei} that explains a lot
[14:41] {magoo} vad needs to start placing 1 month free saubscription in here on his bets
[14:41] {dino} sometimes it's hardest to see the things that are closest
[14:41] {magoo} we'd all be in here free he he
[14:42] {Threei} hmmm... really?
[14:42] {Threei} I don't remember myself l,osing any siongle one in quite a while
[14:42] {Threei} are you willing to bet doubling tour subscription if I win
[14:42] {Threei} ?
[14:42] {peterg} Ive been trading for a month, and i have never lost
[14:42] {peterg} only won, won, won
[14:42] {dino} quit now
[14:42] {peterg} right
[14:43] {dino} lol
[14:43] {peterg} its so easy
06[14:43] * magoo slaps peterg around a bit with a large trout
06[14:43] * magoo slaps peterg around a bit with a large trout
06[14:43] * magoo slaps peterg around a bit with a large trout
[14:43] {Chaeron} I'd die laffing if I saw "peterg has left the room"......
[14:43] {dino} caller id saying bernie on the phone, time to get in gear
[14:43] {Threei} it's just his way to express extreme jeaolousy peter... take it as a compliment
[14:43] {peterg} how can I get that magenta type? with the fish?
06[14:43] * Chaeron slaps peterg around a bit with a large trout
[14:44] {Chaeron} that?
[14:44] {peterg} ye[
[14:44] {Threei} point your cursor at magoo, peter,
[14:44] {Threei} right click,
[14:44] {Chaeron} right click on a nick... select SLAP and hit left mousie button
06[14:44] * peterg slaps magoo around a bit with a large trout
[14:44] {Threei} drop down menu has Slap at the bottom
[14:44] {Threei} point at it and jently push
[14:44] {Threei} gently
[14:44] {Chaeron} there you go... and see who he picked as his virgin trout? :)
[14:45] {Threei} pillow fight
[14:45] {Chaeron} jently.... oi... where's Raven...?
[14:45] {Raven} 3 yo
[14:45] {Chaeron} [11:43] {Threei} point at it and jently push
[14:45] {magoo} R
[14:45] {magoo} A
[14:45] {magoo} V
[14:45] {magoo} E
[14:45] {magoo} N
[14:45] {magoo} I
[14:45] {magoo} S
[14:45] {magoo} H
06[14:46] * peterg slaps Threei around a bit with a large trout
06[14:46] * peterg slaps Chaeron around a bit with a large trout
[14:46] {peterg} this is fun
06[14:46] * Raven slaps magoo around a bit with a large trout
[14:46] {magoo} don't like
[14:46] {Threei} no doubt
[14:46] {Threei} but what did I do?
[14:46] {magoo} whee thats headed
[14:46] {magoo} too late typing
[14:46] {Chaeron} peter has a new toy.. :)
[14:46] {magoo} lol
[14:46] {Threei} magoo woke up a monster
[14:47] {magoo} why u calling raven a monster
[14:47] {peterg} ill be good, i promise
06[14:47] * magoo slaps patience around a bit with a large trout
[14:47] {Raven} 3 lol
[14:47] {patience} magoosky!
[14:48] {Raven} 3 OOGAM !
[14:48] {magoo} seeing if u here listening in patience:)
[14:49] {magoo} they trying to take aapl green
[14:49] {Chaeron} they did it
[14:49] {magoo} in out
[14:49] {Raven} 3 "they" ?
[14:49] {magoo} sorry that quick .20 to .63
[14:50] {magoo} right after i mentioned i took
[14:51] {magoo} u catch it w/me chaer?gotta be quick
[14:52] {magoo} damm..RIMM gonna go green NOT IN
[14:53] {magoo} in .20
[14:54] {Threei} there is some very seriousd buying behihd ABAT
[14:55] {magoo} u in
[14:55] {Threei} to my shame, I scalped
[14:55] {Threei} this last littgle pullback
[14:55] {Threei} morning drop put me off somewhat
[14:55] {Threei} hate to stuck in these hard setbacks
[14:57] {Threei} Roman has way more tolerance for longer holds than I do
[14:57] {Threei} if you look for swing trade candidates, he has more than I do... I seldom find them
[14:58] {Threei} but, even blind hog finds acorn once in while
[14:58] {stevefo} abat weekly chart looks like one long-forming cup and saucer, going back to Jul' 04
[14:58] {Chaeron} alot of "bacon" references here today..
[14:58] {stevefo} meant handle
[14:59] {Threei} I am not sure what this wired time gap on it is about
[14:59] {Threei} my news system has no symbol for it
[14:59] {magoo} out RIMM here .43+.23..not easy tho
[14:59] {Threei} can't check up and that
[14:59] {Chaeron} nice magoo
[15:00] {Threei} I mean, chart spiked to 9.66 on 10/08/2007,
[15:00] {Threei} next bar is 02/26/2008
[15:00] {Threei} ??
[15:01] {Threei} anyone with information, feel free to share
[15:01] {Chaeron} on ABAT?
[15:01] {Threei} yes
[15:01] {peterg} iv got oct 9, 10. etc
[15:01] {dino} v sm cme .00 l
[15:02] {stevefo} stockcharts daily view has complete picture from Oct through Feb '08
[15:03] {Threei} wierd... what about news on it?
[15:04] {Chaeron} looking. sorry
[15:04] {Chaeron} nothing since Wednesday
[15:05] {magoo} vad..sell into bell now or run like the worlds be saved from communism?
[15:06] {Threei} there is no salvation from communism mags
[15:06] {Threei} democracy will take care to see it winning
[15:07] {Threei} ge before the voting crowd, promise to take money from rich and give it to poor and see how many votes you get
[15:07] {Chaeron} yup
[15:08] {Threei} and since majority is poor...
[15:09] {dino} well, you know what they say...
[15:09] {Threei} yes
[15:09] {Threei} no one came up with anything better anyway? :)
[15:09] {dino} being poor sucks, staying poor is stupid
[15:09] {Threei} oh that one
[15:10] {Threei} true... it's just too bad that so many see their way out of poverty not by hard work or creavity but by re-distribution
[15:10] {magoo} l rimm .55
[15:10] {dino} trying to keep you off politics
[15:10] {Threei} it's not politics... it's a random rant of aging man :)
[15:10] {dino} y
[15:11] {Threei} as peter Griffin would say "what grinds my gear"
[15:12] {magoo} out here .78+.uh..carry the 3
[15:12] {dino} comp going green, ndx green
[15:12] {magoo} um .24?
[15:13] {dino} dji 70 points to go
[15:13] {Threei} matket will never pull back again
[15:13] {Threei} we are going up into the infinity in a straight line
[15:13] {dino} lol, i luv that show, you know what really grinds my gears
[15:13] {peterg} boundless and bare, the lone and level sands stretch far away.
[15:13] {peterg} poetry?
[15:13] {dino} wow, is peterg peter griffin?
[15:13] {Threei} wow peter
[15:14] {Threei} that's deep
[15:14] {peterg} thatsme
[15:14] {peterg} actually old poem from century ago
[15:14] {dino} wheres stewie
[15:14] {Threei} thasnk you for providning some intelligence to our quickly degrading group
06[15:14] * peterg slaps Threei around a bit with a large trout
[15:14] {Chaeron} lol
[15:14] {Threei} pillow fight becomes our major fun
[15:14] {Chaeron} touche'
[15:15] {peterg} i am trying to be good, but.........
[15:15] {Threei} Raven rolls his eyes 5 times a day seeing our debates
[15:15] {Threei} and he used to roll them only 3 times a day just a short year ago
[15:15] {Threei} so degradation continues
[15:15] {peterg} maybe improvement
[15:16] {peterg} more exercise
[15:16] {Threei} well, I console myself with notion there is something's wrong with raven's eys...
[15:16] {Raven} 3 degradation
[15:16] {peterg} theory: market watching leads from comatose states to hysterical states and back again over and over forever.
06[15:16] * Threei is hiding under the nearest rock
06[15:16] * magoo slaps Threei around a bit with a large trout
[15:17] {magoo} not good enough..passd the vodka :)
[15:17] {Raven} 3 prefer gin
[15:17] {magoo} watch out mkt crash..dino went in bathroom..always crashes
[15:20] {peterg} well, so long all, see you in two weeks--mid-July! Have fun
[15:21] {Chaeron} be good peter
[15:21] {Threei} take care peter, have a great safe trip
[15:22] {dino} out cme .95, +1.95
[15:22] {magoo} bye peterg..have fun
[15:22] {dino} cya pete
[15:32] {Chaeron} is everything as muddy as it looks or is it me?
[15:33] {Threei} pretty much
[15:34] {dino} teloz stop to .67
[15:34] {dino} well, magoo doesn't look too tidy
[15:35] {Chaeron} heheh
[15:36] {dino} stopped -.08
[15:43] {dino} cenx sm l .25
[15:45] {dino} c'mon dji
[15:51] {Threei} ABAT high again
[15:54] {kazaam} adios everybody, have a super good weekend
[15:54] {Threei} take care kaz
[15:55] {Threei} next trading day is Tuesday?
[15:55] {Threei} I am lost a bit :)
[15:55] {dino} u2 kaz
[15:56] {Threei} anyone?
[15:56] {hawkfan4} market's open monday i think
[15:56] {Threei} and closed when?
[15:56] {patience} why would it be closed vada?
[15:56] {patience} vad
[15:56] {Threei} Independence day?
[15:56] {patience} isn't that the 4th?
[15:57] {Threei} oh... I always mix candian and american one
[15:57] {Threei} lol
[15:57] {dino} yes, the 4th, open monday
[15:57] {Threei} never mind
[15:57] {hawkfan4} :)
[15:57] {Threei} age, confusion... general coma
[15:57] {patience} better give me the keys to the bank account vad
[15:57] {Threei} in the mail
[15:57] {dino} closed friday
[15:57] {hawkfan4} thanks all, nice week. enjoy the weekend
[15:57] {Threei} right
[15:57] {Threei} thank you all, have a great relxing weekend
[15:58] {dino} later hawk
[15:58] {Threei} see you all on Monday
[15:58] {dptl} have a good weekend all
[15:59] {dino} u2 dp
[15:59] {dino} out cenx -.05
[15:59] {dino} ugh, -122 for day, broke the streak
[16:01] {Chaeron} dang it... did ABAT halt?
[16:01] {dino} market closed
[16:02] {Chaeron} close???????
[16:02] {Chaeron} turn those machines back on!!!!!!!!!!!
[16:02] {magoo} bye vad..
[16:02] {magoo} chaer..what u need?

Thursday, June 26, 2008

Jun 26 2008

Session Time: Thu Jun 26 00:00:00 2008
[07:50] {Threei} 06/26/08 06:30am
[07:50] {Threei} [VNDA] Vanda Pharmaceuticals Inc Phase III data shows Tasimelteon (VEC-162) significantly improves sleep in chronic insomnia
[07:50] {Threei} - Announced positive top-line results from a Phase III trial showing that its investigational drug candidate, tasimelteon, a novel melatonin agonist, met the primary endpoint of the trial and significantly improved sleep in adult patients with chronic insomnia.
[07:50] {Threei} - Company is excited that the results of this Phase III chronic insomnia study demonstrate the clinical utility of tasimelteon and the ability of the compound to treat sleep disorders over a period of four weeks.
[08:00] {hawkfan4} morning vad, dp
[08:00] {Threei} hawk :)
[08:05] {Threei} VNDA is trying for hero of the day status or what
[08:12] {hawkfan4} hmmm, interesting one. might try to grab it close to 5
[08:15] {Threei} not easy one
[08:18] {_dagdet} hello traders
[08:19] {Threei} morning dagdet
[08:22] {_Lisa_Jay} Good morning.
[08:23] {Threei} morning lisa
[08:28] {Threei} hawk, look dcc please
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 384K V 375KE;
[08:30] {Threei} CONTINUING CLAIMS: 3.139M V 3.105ME
[08:30] {Threei} Q1 FINAL GDP ANNUALIZED: 1.0% V 1.0%E; PERSONAL CONSUMPTION: 1.1% V 1.0%E
[08:31] {Threei} Q1 FINAL GDP PRICE INDX: 2.7% V 2.6%E; CORE PCE Q/Q: 2.3% V 2.1%E
[08:42] {GeoArb} gm
[08:42] {Threei} geo :)
[08:43] {Threei} Yacocca, where are you...
[08:43] {Threei} these lamers need you again
[08:47] {Threei} not sure about VNDA
[08:47] {Threei} I wouldn't rush into it
[08:57] {fernp} Good morning all
[08:57] {Threei} fernp :)
[09:01] {Threei} VLNC
[09:02] {Threei} shortable... puting on watch
[09:11] {dino} gm all
[09:12] {dino} end of days again i see
[09:13] {cosmo} its only thursday
[09:13] {dino} ok, i'll wait one more day then
[09:14] {cosmo} VNDA needs to hold 5.10 imo
[09:16] {Threei} dino :)
[09:17] {judijim} good morning everyone
[09:17] {Threei} jj :)
[09:17] {Threei} oh, now I know why I couldn't find parking spot downtown yesterday... Pam Anderson was shopping there
[09:18] {dino} nice
[09:19] {Threei} golden see-through shorts made male blood boiling according to local paper
[09:19] {Threei} people were jumping fences
[09:19] {GeoArb} she is old now
[09:19] {dino} indeed
[09:19] {cosmo} it happens...
[09:19] {Threei} you show your age geo... :)
[09:19] {GeoArb} moving on :)
[09:20] {GeoArb} no not my age
[09:20] {dptl} good morning all
[09:20] {GeoArb} my fickleness
[09:20] {Threei} dp :)
[09:20] {dino} about my age i guess
[09:20] {Threei} she is 42
[09:20] {cosmo} hmm
[09:20] {Threei} (according to the same paper)
[09:20] {GeoArb} ill wait for hollywood factory to pump someone else out
[09:20] {GeoArb} (i pay my taxes)
[09:20] {Threei} lol
[09:21] {dino} well, my sis should buy me dinner today, in jan. her broker said buy all the citigroup you can at 27. i said its' going to 15 sit tight
[09:21] {Threei} IMO, it's a better way to use your taxes than bail Bear Sterns
[09:21] {GeoArb} nice dino
[09:21] {dino} needless to say, the guy said i was crazy
[09:21] {Threei} who is carzy now eh
[09:21] {GeoArb} i think the new ceo wasnt a smart choice
[09:22] {GeoArb} they just shutterred his precious hedge fund
[09:22] {dino} lol
[09:24] {Threei} GEOI
[09:24] {Threei} - The Company has completed additional horizontal wells in Texas and North Dakota, closed its recently announced Oklahoma acquisition and completed its current divestitures of certain non-core producing properties.
[09:28] {dino} sounds familiar
[09:29] {dino} horizontal drilling going on all over in my neck of the woods
[09:29] {Threei} ROYL puzzles me
[09:30] {peterg} just in time for the bell--gm
[09:30] {Threei} peter :)
[09:34] {dino} below march lows dji
[09:34] {Threei} ROYL half lot long 13 break if stays above 12.80
[09:40] {Roman} 21 Vad where u offering ROYL?
[09:40] {Threei} want it to break .20 and jump
[09:40] {Threei} going to try and partial
[09:41] {Threei} URRE is trying again
[09:41] {Threei} 4.40 break if holding above 4.30
[09:41] {Threei} very risky one
[09:42] {Threei} ABAT again
[09:42] {Roman} 21 VLNC radar
[09:45] {Threei} 5.40 break ABAT long if stays above .25
[09:46] {Threei} come on ROYL, don't shake us out
[09:46] {Threei} you know you want 14
[09:46] {Roman} 21 long IVAN full
[09:46] {Roman} 21 3.26
[09:48] {Threei} stopped ROYL
[09:49] {peterg} ditto
[09:49] {Threei} URRE invalidated as breeakout but becomes a bounce candidate
[09:54] {dino} watching bucy, chk, wynn
[09:56] {Roman} 21 BLDP on radar
[09:56] {magoo} ABAT valid
[09:57] {Threei} if not losing .30 anymore
[09:58] {Threei} VLNC is a wierdo
[09:58] {Threei} got "going concern" qualification and went up 50 cents?
[09:58] {magoo} phone call..its royl
[10:00] {Threei} MAY EXISTING HOME SALES: 4.99M V 4.95ME
[10:00] {Threei} MAY HELP WANTED INDEX:17 V 19E
[10:01] {dino} bucy sm l .95
[10:03] {Threei} everything alternative car related tries to move
[10:03] {Threei} BLDP, QTWW, VLNC
[10:03] {Threei} ABAT
[10:04] {Threei} BLDP is somewhat puzzling though
[10:04] {Threei} they sold their fuel cells car division, right?
[10:04] {Roman} 21 VLNC wants 4.35
[10:04] {Roman} 21 out IVAN
[10:05] {Roman} 21 u guys in ABAT?
[10:05] {Threei} market tripped of something
[10:05] {Threei} yeah... keeping it tight though
[10:06] {Roman} 21 PTEN?
[10:06] {dino} ma v sm l .30
[10:06] {Threei} .26 long PTEN
[10:06] {Threei} half lot
[10:07] {Threei} stop for now under 36
[10:08] {Threei} a bit too volatile... but if oil makes new highs today PTEN goes to 37 easy
[10:09] {Threei} ABAT got kicked in the rear or what?
[10:09] {dptl} out +.13 abat ty
[10:09] {Threei} welcome... stinkin' scalper
[10:10] {dptl} :)
[10:10] {peterg} scalping is pure essence
[10:10] {Threei} lol... true
[10:11] {Roman} 21 OMNI
[10:11] {Threei} this dog still bites?
[10:12] {Threei} it put me off somewhat on a day when ROYL moved big and OMNI just wouldn't follow
[10:13] {dino} appy
[10:13] {Roman} 21 US Supreme Court says individuals have right to bear arms - Bloomberg
[10:13] {Roman} 21 watch SWHC
[10:14] {Threei} really?
[10:14] {Threei} didn't they have this right from the beginning of USA?
[10:14] {Roman} 21 u think too much
[10:14] {GeoArb} anyone playing rimm?
[10:14] {Threei} and it hurts, trust me
[10:15] {Roman} 21 BEXP intersting
[10:15] {GeoArb} i did a 100 share market short yesterday... caught 6 bucks
[10:15] {GeoArb} still short 100 oday
[10:16] {Roman} 21 SWHC Smith & Wesson and Sturm Ruger spike following Supreme Court ruling that individuals have right to bear arms (5.35 +0.24)
[10:16] {Threei} if ABAT can take .70, 6 should be in cards
[10:17] {GeoArb} cant muster courage for more than 100
[10:17] {hawkfan4} CLF 112, super risky, wide
[10:20] {dptl} are you in pten Vad?
[10:20] {Threei} yes
[10:20] {dptl} ok me too
[10:21] {Roman} 21 long JASO
[10:21] {Roman} 21 1/3 size
[10:21] {Roman} 21 18.45 stop under 18.27
[10:25] {Threei} no worky PTEN
[10:25] {dptl} stopped
[10:25] {Threei} ok ABAT, you are my ray of hope
[10:26] {Roman} 21 SOLF highs
[10:26] {Roman} 21 but JASO disconnected today
[10:27] {Threei} tries to catch up now
[10:28] {dptl} how about .60 break with .45 stop abat?
[10:28] {Threei} it's valid
[10:28] {dptl} ok ty
[10:28] {Threei} won't be easy I think
[10:28] {Threei} but honestly, nothing today is
[10:29] {Threei} JASO works
[10:29] {Threei} thanks Roman
[10:29] {Roman} 21 FSYS very thin
[10:29] {Roman} 21 but feels much higher
[10:30] {Threei} it needs to stop watching supermodels and try to become like them
[10:30] {Roman} 21 took some 37.5
[10:30] {Roman} 21 wide stop
[10:30] {Roman} 21 SQNM highs
[10:32] {Roman} 21 long QTWW
[10:32] {Roman} 21 2.52
[10:33] {Roman} 21 fu
[10:33] {Roman} 21 ull
[10:33] {Roman} 21 ABAT
[10:33] {Threei} ABAT is determined
[10:34] {Threei} and seriously intends to make new highs today
[10:34] {Threei} I won't be suprized to see it at 6
[10:34] {dptl} long .60
[10:40] {hawkfan4} part out CLF +1.20
[10:43] {dino} gj
[10:44] {hawkfan4} thx, tight stop on the rest, trailing
[10:49] {Chaeron} good morning all
[10:50] {Threei} chaeron :)
[10:50] {dino} chk l .45 sm
[10:55] {Threei} SQNM{ volume is already almost of yesterday's
[10:55] {Threei} not sure if it's going to continue, not seeing frenzy yet
[10:56] {dino} secondary today i think
[10:57] {Threei} yes... unusual for a stock to move that strongly into secondary
[10:57] {dino} usually goes down
[10:59] {Chaeron} .
[10:59] {fernp} DJI new 52 week low
[10:59] {GeoArb} crash helmets on !
[11:00] {Threei} the sky is falling
[11:00] {GeoArb} heheh
[11:01] {Threei} stay calm and observe crash
[11:01] {dino} dji 52 week low
[11:01] {Threei} if there is a crash
[11:01] {Threei} PPT may be oputting their gear on as we speak
[11:03] {Threei} ok ABAT, let's do it
[11:03] {dptl} yea
[11:03] {dptl} come on
[11:03] {Threei} take that wall down as Reagan would say
[11:03] {Threei} good boy
[11:04] {Threei} take .70 now and you are in the clear
[11:05] {Threei} my little beauty
[11:05] {Threei} half out for me
[11:05] {dino} -11.5% since may highs
[11:05] {Threei} from .41
[11:05] {Threei} +.30
[11:05] {dino} we must be buying soon
[11:06] {Threei} it's almost 1:3, gotta protect some profitas
[11:11] {dptl} where is stop now?
[11:17] {Threei} .49 for me
[11:17] {dptl} ah...scrude up again....out flat abat...
[11:17] {dptl} didnt get my .75
[11:19] {Roman} 21 IDSA
[11:19] {Roman} 21 going really small 200 shares
[11:19] {Roman} 21 15.95
[11:23] {Threei} QID .41 long
[11:23] {Threei} low of this pullback will show the stop level
[11:23] {magoo} meaning mkt bounce vad?
[11:24] {Threei} no
[11:24] {magoo} backwards..qid shiort right
[11:24] {Threei} to bounce, NQ needs to break 1885
[11:25] {Threei} which would match QID short if loses .20
[11:26] {_Lisa_Jay} BBBY
[11:31] {Threei} quite nervous market here
[11:31] {patience} ben should have listened to me yesterday
[11:31] {Threei} probably bounce becomes more likely at the moment
[11:32] {Threei} and raise rates?
[11:32] {patience} listen, i wanted to win the bet for the blueberries vad
[11:32] {Threei} well... I am always willing to take the next bet so you'll have a lot more opportunities :)
[11:44] {Threei} QID stop to .31 who shorted it
06[11:51] * Threei applies foot in heavy duty army boot to ABAT's rear end
[11:51] {Threei} QID almost 1:1
[11:51] {Threei} take half off the table
[11:52] {Threei} scalpers take profit
[12:02] {kazaam} major wedgie on sqnm
[12:08] {hawkfan4} PPT overslept today i think
[12:14] {Threei} or spent all their powder and now just watch?
[12:14] {Threei} SQNM back to high
[12:14] {Threei} is this thing really going to breakout whikle market sells off as if tomorrow never comes?
[12:15] {hawkfan4} sure looks like it wants to
[12:16] {Threei} here we go
[12:16] {kazaam} SQNM @ .09
[12:17] {Threei} beauty
[12:17] {Threei} hakf out at least kaz
[12:17] {Threei} too vertical
[12:18] {kazaam} 1/4 +.16 1/4 +.19
[12:18] {Threei} you are making my day
[12:19] {Threei} can't even begin telling you how rewarding it is to see yesterday's newbie making this kind of trades
[12:19] {dino} gj kaz
[12:19] {hawkfan4} nice kaz
[12:20] {Threei} honestly, I enjoy seeing you guys making these trades more than I do my own
[12:20] {Threei} especially when it comes to newer guys who joined recently
[12:20] {Threei} shows me I am not pounding the table for nothing :)
[12:21] {GeoArb} my GOD
[12:21] {GeoArb} i just had an image of a mother hen (ducks)
[12:21] {Threei} here is another image for you:
06[12:22] * Threei slaps GeoArb around a bit with a large trout
[12:22] {GeoArb} please refer to duck above :)
[12:22] {Threei} I elect to ignore it
[12:22] {kazaam} well to be honest i have been learning for 2 years, so I ain't totally green, but i sure wouldn't be picking these things without the RT material
[12:22] {Threei} all it takes is just change the angle of trout trajectory
[12:23] {Threei} I meant newer to our approach kaz
[12:23] {kazaam} gotcha
[12:23] {Threei} I know you haven't found just yeaterday how Buy button is different from Sell one :)
[12:23] {GeoArb} hmmm i really had a problem with that in hotkeys
[12:23] {GeoArb} not have colored stickers to remind me
[12:24] {kazaam} everyday i am learning which button does what over again
[12:24] {kazaam} that is the hardest part
[12:24] {kazaam} well turning on the computer is the hardest part
[12:25] {Threei} I know... I especially hate the command "hit any key"
[12:25] {Threei} takes me hours to find "any key" on my keoyboard
[12:32] {kazaam} maybe bear eat the sqnm salmon....
[12:36] {Threei} as SQNM drops into support, watch market for bounce to scalp SQNM
[12:40] {dino} chk stoppexc -.45
[12:41] {Threei} cross back over 16 long if holding above 15.90
[12:45] {Threei} market hit airpocket
[12:45] {Threei} not much is working today
[12:47] {magoo} gotta be short term oversold
[12:47] {Threei} feels so but it just can't raise its head so far
[12:47] {Threei} whack-a-mole
[12:48] {dptl} swhc?
[12:48] {Threei} Roman's call earlier
[12:49] {dptl} break of .75 may be?
[12:50] {Threei} hard to tell really
[12:56] {Threei} RIMM .80 break small shares long
[12:56] {Threei} stop under .60
[12:58] {magoo} in bvad
[12:58] {Threei} took out serious offer at .84
[12:59] {Threei} jeez... 2 cents from 1:1, market loses it again
[13:00] {magoo} stopped
[13:00] {GeoArb} stopped?
[13:00] {GeoArb} how?
[13:00] {magoo} ughhhhhh
[13:00] {dino} fwlt l sm .02
[13:00] {magoo} hit .60
[13:00] {GeoArb} oh i misseed that hehehe
[13:01] {dptl} stopped rimm
[13:16] {dino} penn
[13:23] {Threei} yawn
[13:24] {dino} out fwlt .44,
[13:24] {dino} +.42
[13:26] {Threei} lol... now what?
[13:27] {Threei} market decided to go to zero in one day?
[13:29] {Threei} what's with CAEI today?
[13:30] {Threei} former RCH if I remember correct
[13:30] {Threei} I see no news
[13:33] {_dagdet} goodbye! Russia's the champion!!
[13:34] {Threei} is there some game today?
[13:34] {_dagdet} Russia-Spain, semi-final =)
[13:35] {GeoArb} i think he is talking about the great capi vs commu game
[13:35] {GeoArb} lol
[13:35] {Threei} ugh... why am I not watching tv
[13:35] {Threei} oops, sorry caps
[13:36] {Threei} fern, are you watching?
[13:37] {fernp} whatching what?
[13:37] {Threei} [13:34] {_dagdet} Russia-Spain, semi-final =)
[13:38] {fernp} No. I am trading.
[13:38] {Threei} OK... hope better than I am today :)
[13:39] {GeoArb} i am currently in rimm short
[13:39] {fernp} not too bad here :)
[13:39] {Threei} :)
[13:41] {dino} sm l fwlt .95
[13:41] {dino} gj fern
[13:44] {GeoArb} anyone take imm?
[13:44] {GeoArb} rimm
[13:46] {GeoArb} out for lunch
[13:47] {dino} n
[14:00] {fernp} well, I have to go to suffer watching the match (I will suffer with a few beers). see you all tomorrow.
[14:00] {Threei} take care fern :)
[14:00] {Threei} kazaam, look dcc please
[14:03] {Threei} peter, look dcc please
[14:04] {magoo} vad, dcc please
[14:08] {dino} calm, lorl
[14:17] {kazaam} sorry stepped out to mail something
06[14:32] * Threei slaps laserdave1 around a bit with a large trout
06[14:33] * magoo slaps laserdave1 around a bit with a large trout
[14:46] {Threei} doesn't look like any bounce in cards today
[14:46] {Threei} rather feels like we are in for a swan dive or best case scenario hold these levels
[14:52] {dino} no idea, but some stocks are holding above lows
[14:57] {dptl} ah... big loosing day for me :(
[14:58] {magoo} relentless selling..brutal...never remember such a day
[14:58] {dino} down a bit here too dp, hour to go
[14:59] {magoo} me down too
[14:59] {Threei} are we up for round of whining?
[15:00] {dino} sniff, sniff
[15:00] {GeoArb} i had a fairly decent day
[15:01] {Threei} everyone slap Geo and feel better
06[15:01] * magoo slaps GeoArb around a bit with a large trout
[15:01] {GeoArb} its funny i thought the selling was surly
[15:01] {GeoArb} no panic
06[15:01] * dptl slaps GeoArb around a bit with a large trout
[15:01] {GeoArb} lackadisical selling
[15:01] {Threei} that's what it was
[15:01] {Threei} and it means we are not done
[15:01] {GeoArb} exactly
[15:01] {GeoArb} i was short rimm v ma
[15:02] {dino} gj geo, gj
[15:02] {GeoArb} held forever in the end got bored
[15:02] {GeoArb} followthrough issues
[15:02] {GeoArb} keeps bounding up
[15:02] {dino} as i said, still an hour to go, so who knows
[15:02] {peterg} JP Morgan is about to step in............
[15:03] {dino} into a mess
[15:04] {GeoArb} i have to start flooring today... laying 700 feet hardwood. backbreaking....but i refuse to pay 2000 to someone for labor
[15:05] {peterg} I shall miss you as I take family to expensive Europe for two weeks, for privilege of paying !.60 for 1.00
[15:05] {GeoArb} wow peter have fun
[15:05] {peterg} hope so
[15:05] {peterg} tks
[15:05] {dino} scanner going green
[15:05] {Threei} have fun peter
[15:06] {Threei} must be exciting trip
[15:06] {magoo} good luk peterg'
[15:06] {GeoArb} energu colas leading?
[15:06] {peterg} stocks more fun
[15:06] {GeoArb} heheheh
[15:06] {dino} when you going pete?
[15:06] {GeoArb} energy coals
[15:06] {peterg} leave Monday
[15:06] {dino} nice
[15:12] {peterg} This market is preparation for, first July, then Augusssst
[15:13] {Chaeron} I want to take a 2 month vacation
[15:14] {GeoArb} chaeron youre in newport
[15:14] {GeoArb} where will you go?
[15:14] {GeoArb} kansas?
[15:16] {peterg} Newport RI or California Beach heaven?
[15:16] {Chaeron} hmmmmm........ Nebraska?
[15:16] {GeoArb} ummm the heaven
[15:16] {peterg} wow
[15:16] {GeoArb} (i gotta tone down my envy :)
[15:16] {Chaeron} well, that's where I work, I live in Laguna
[15:16] {peterg} State Fair in Minnesota in August.
[15:16] {GeoArb} hahahahah
[15:16] {GeoArb} like thats a step down
[15:17] {Threei} go to Ohio Chaeron
[15:18] {peterg} They probably have corn dogs on sticks at the Ohio State Fair too.
[15:18] {peterg} Lots of tractors and tractor pulls
[15:18] {GeoArb} i want everyone to know ... vad is going to help me trade my way to newport OR victoria
[15:18] {GeoArb} lol
[15:18] {peterg} Off to a good start
[15:19] {GeoArb} oh these are just the recovering of all the mone i lost pre vad's room
[15:19] {GeoArb} hehehe
[15:19] {dino} you know, i was just telling my wife that they don't have enough choices of meat on a stick
[15:20] {GeoArb} you should go to an east asian restaurent then
[15:20] {GeoArb} more than youll ever want
[15:20] {dino} i must then
[15:20] {peterg} last year's discovery was venison on a stick
[15:20] {peterg} i didnt try it
[15:21] {dino} mmm
[15:28] {dino} fwlt stop to .35
[15:30] {dino} out
[15:30] {dino} =.40
[15:30] {dino} +.40
[15:30] {Threei} nice
[15:31] {GeoArb} nice dino
[15:31] {dino} thx
[15:31] {Threei} dino's ability to plug along no matter what is nothing short of miracle
[15:31] {GeoArb} PACMAN !!! (no offence meant)
[15:31] {peterg} gobble gobble!
[15:31] {peterg} wtg
[15:32] {GeoArb} must be the thought of venison stick that got him going again
[15:32] {dino} lol
[15:34] {_Lisa_Jay} ABAT
[15:36] {Threei} trying for eod run
[15:36] {Threei} really hard to tell if it has a chance
[15:36] {Threei} today is one of those days
[15:43] {dino} lod
[15:53] {cosmo} hod qid
[15:53] {cosmo} always a bright side
[15:54] {dino} lol
[15:54] {Threei} lol
[15:54] {Threei} good one cosmo
[15:54] {GeoArb} heheh
[15:55] {Threei} maybe we fui=inally go for a crash
[15:55] {Threei} would be gbreat
[15:55] {Threei} to put all this behind us in one day
[15:55] {GeoArb} i am a bull
[15:55] {Threei} maybe PPT decided the same :)
[15:55] {GeoArb} ill buy QID
[15:55] {Threei} OK guys, not a stellar day by any stretch of imagination
[15:56] {Threei} if not for ABAT and coluple scalps would be plain bad
[15:56] {cosmo} hold qid until disclosure i say
[15:56] {GeoArb} vad's still in new jersey
[15:56] {Threei} ABAT is trying for hod again
[15:57] {Threei} will be a subject of interest tomorrow
[15:57] {Threei} meanwhile, thank you all, have a good evening
[15:57] {dino} take care all, gotta hop
[15:57] {GeoArb} thanks all
[15:57] {GeoArb} see you tomorrow
[15:57] {magoo} thanx all
[15:57] {peterg} gnight all

Wednesday, June 25, 2008

Jun 25 2008

Session Time: Wed Jun 25 00:00:00 2008

[08:30] {Threei} MAY DURABLE GOODS ORDERS: 0.0% V 0.0%E; EX-TRANSPORTATION: -0.9% V -1.0%E
[08:30] {Threei} - Prior Durables revised from -0.6% to 1.0%
[08:30] {Threei} - Prior Ex-Transportation revised from 2.4% to 1.9%
[08:32] {hawkfan4} morning vad, all
[08:32] {Threei} hawk :)
[08:32] {Threei} guess what... replay is working
[08:32] {Threei} took some swearing over the phone but whatever works
[08:32] {hawkfan4} ah, nice
[08:33] {hawkfan4} lol
[08:35] {Threei} URRE... not very enthusiastic finish yesterday buit still keeping it on radar
[08:39] {hawkfan4} i traded MON earlier off 132, but apparently i sold too soon
[08:40] {Threei} MON earnings today, right?
[08:41] {hawkfan4} 25-Jun-08 08:10 ET In Play Monsanto beats by $0.11, misses on revs; guides FY08 EPS above consensus (135.79 ) : Reports Q3 (May) earnings of $1.45 per share, $0.11 better than the First Call c
[08:41] {Threei} ty
[08:43] {cosmo} HIRE
[08:44] {cosmo} # HireRight Announces New Screening Solution Designed Specifically for Mid-Market EmployersBusiness Wire(Mon, Jun 23)
[08:45] {_Lisa_Jay} Good morning.
[08:45] {peterg} gm all
[08:45] {Threei} Lisa, peter :)
[08:57] {_dagdet} hello everybody
[08:57] {Threei} good morning dagdet
[08:59] {fernp} Good morning
[08:59] {Threei} fern :)
[09:00] {Threei} Nissan:
[09:00] {Threei} - Note: Ghosn did not confirm by what date he hoped to sell 1M electric vehicles a year.
[09:00] {Threei} - Company will offer new electric cars by 2010 in the U.S. and Japan, and globally in 2012, in an effort to meet demand for such zero-emission cars amid growing concerns over exhaust emissions and soaring gasoline prices.
[09:01] {Threei} - Emphasized the company will keep working on developing hybrids, fuel-cell cars and other green technologies to provide a wide range of environmentally friendly vehicles.
[09:02] {Threei} just wanted to change my Murano to 2009 model... should I wait for green version?
[09:03] {Threei} CSIQ
[09:04] {dptl} good morning all
[09:04] {Threei} dp :)
[09:04] {peterg} Just be sure to keep the Bently Convertible with the gas engine.
[09:05] {Threei} rode one over this weekend... next thing to spacr shuttle
[09:06] {peterg} nice
[09:06] {Threei} not convertible though
[09:06] {peterg} I saw one over the w/e
[09:08] {judijim} good morning all
[09:08] {Threei} jj :)
[09:11] {Threei} AMCN
[09:11] {Threei} GUIDES Q2 REV $29.0M$-$30.0M V $26.9ME (PRIOR GUIDANCE $26.0M-$28.0M)
[09:16] {cosmo} HIRE higher...
[09:16] {cosmo} 17 so far
[09:16] {Threei} 06/09/08 06:36pm
[09:16] {Threei} [HIRE] Hireright Inc Merging with USIS Commercial Services Business; USIS to pay $15.60/shr in cash, representing a 54% premium over closing share price of $10.12 on Friday
[09:16] {Threei} - Under terms of the agreement, which was approved by both companies' boards of directors, USIS will pay HireRight stockholders $15.60 per share in cash, which represents a 54% premium over HireRight's closing share price of $10.12 on Friday, June 6, and a 65% premium over the weighted average trading price of the company's shares for the past three months.
[09:17] {cosmo} oh
[09:17] {Threei} not sure what's going here... that merger should have cupped upside
[09:17] {cosmo} yea
[09:18] {Threei} shortable btw
[09:18] {cosmo} sigh
[09:20] {dino} gm all
[09:20] {Threei} dino :)
[09:22] {Threei} not going to be an easy day, with not one but two meaningless events today
[09:22] {dino} what am i missing on hire, 15.60 cash right?
[09:22] {Threei} yes, I am puzzled too
[09:22] {cosmo} sorry i brought it up...
[09:22] {Threei} oil inventories coming to the cinema near you at 10:35
[09:23] {Threei} as meaningless as can be but market loves to react
[09:23] {dino} f' it, sm s .81
[09:23] {Threei} then 2:15 pm, our today's feature presentation, FOMC rate decision
[09:23] {Threei} market is likely to die till then
[09:24] {Threei} so let's see if we can find some early plays
[09:24] {GeoArb} gm
[09:24] {Threei} be double careful today
[09:24] {Threei} Geo :)
[09:24] {GeoArb} hey hey hey replay !
[09:24] {Threei} yes sir
[09:25] {GeoArb} :)
[09:25] {Threei} my swearing in English didn't help so I switched to Russian
[09:25] {Threei} guess what, worked like charm
[09:25] {peterg} shto?
[09:26] {Threei} ta oto zh
[09:26] {magoo} mornkiuhkgk
[09:26] {Threei} magoo :)
[09:26] {Threei} offer at 4.12 pulled off at URRE
[09:26] {Threei} not sure I like it, I'd prefer to see it taken out
[09:28] {cosmo} LMNX
[09:30] {Threei} he is back at 4.12
[09:32] {Threei} OK, URRE risky long IF 4.12 is taken and if stays above 3.95
[09:33] {Roman} 21 NCOC
[09:33] {Roman} 21 long small
[09:33] {Roman} 21 10.34 area
[09:35] {Threei} uneventful opening so far
[09:35] {Threei} watching BRCM
[09:36] {Threei} I like 28 break on daily but want pullback
[09:36] {Threei} as close to 28 as you cen get if it pulls back
[09:37] {Roman} 21 long WM
[09:37] {Roman} 21 6.00
[09:37] {Roman} 21 stop 5.85
[09:38] {peterg} out AMCN at .93 + 50
[09:38] {peterg} ty vad
[09:38] {Threei} wtg
[09:38] {Threei} no chance for entry BRCM
[09:38] {Roman} 21 stopped NCOC -.37 smal
[09:39] {Threei} LRCX
[09:39] {Threei} .25 long
[09:39] {dino} sm l crm .25
[09:40] {Threei} this pullback will show stop level
[09:40] {magoo} l aapl 50
[09:40] {magoo} .50
[09:40] {Threei} stop under .10 LRCX
[09:40] {Threei} URRE broke
[09:40] {magoo} in lcrx
[09:40] {Threei} needs to take yesterday's high now
[09:41] {Threei} LRCX over 1:1
[09:41] {Threei} {URRE? what yesterday's high?
[09:42] {magoo} 24
[09:43] {Threei} offering half URRE .45
[09:43] {Threei} out
[09:44] {Threei} stop to 4.09 for the second half
[09:44] {magoo} out aapl .91 +.41
[09:44] {dptl} +.14 urre for me ty
[09:44] {Threei} welcome... but why so modest
[09:45] {Threei} this thing is capable of more
[09:45] {Threei} I am not the one to chide anyone for taking profits as you well know
[09:45] {Threei} but we won't get a lot of plays today
[09:46] {dptl} ye too soon same with lrcx.....
[09:46] {dptl} out to soon
[09:47] {Threei} offering second half URRE 4.70
[09:47] {Threei} stop to .45
[09:47] {Threei} want to lock profit
[09:48] {Threei} it's capable of hard pullbacks
[09:48] {Threei} so I am torn between desire to maximize profit and to play it safe
[09:48] {Threei} some call it greed and fear
[09:48] {dino} cpla sm l .70
[09:49] {Threei} but I like to pretend I am above those emotions
[09:49] {dptl} i was doing not that great last few trying to play safe
[09:49] {Threei} I also like to pretend I have sense of humor
[09:49] {Threei} that's a good approach dp
[09:49] {GeoArb} hahahahahahaha
[09:49] {GeoArb} to early?
[09:49] {Threei} thank you geo
[09:49] {Threei} I know it was a pity laugh
[09:50] {Threei} but still, appreciate it
[09:50] {GeoArb} :)
[09:50] {GeoArb} we love you vad
[09:50] {Threei} yeah yeah
[09:50] {GeoArb} (and your money making skills)
[09:50] {Threei} as if I don't know what you said about me qwhile I was away on Monday
[09:50] {GeoArb} just checking if you read your own logs vad
[09:50] {GeoArb} keeping it tight
[09:50] {Threei} I wasn't logged in so no log
[09:51] {GeoArb} i was dissapointed i didnt get a trout first day you were back
[09:51] {Threei} oh, that's very easy to correct
06[09:51] * Threei slaps GeoArb around a bit with a large trout
[09:51] {GeoArb} heheheh
[09:51] {Threei} just ask :)
[09:51] {GeoArb} i am in a very good mood
[09:51] {GeoArb} caought 3 bucks on jrcc short
[09:51] {GeoArb} 200 shares
[09:51] {Threei} beautiful
[09:52] {Threei} ewxcept you hasn't shared it with us
[09:52] {GeoArb} i have decided no more than 200 this year
[09:52] {GeoArb} basic setup io told everyone i look at
[09:52] {GeoArb} break of previous day high low on vol
[09:52] {Threei} well... I wouldn't impose time limit on shares amount
[09:52] {GeoArb} still not skilled to type while trading
[09:53] {GeoArb} true
[09:53] {dino} wtg geo
[09:53] {GeoArb} i went to 300 and got nervous so went back
[09:53] {Threei} what if in couple months you find youraself peforming with consistency and enough confidence
[09:53] {Threei} why not move to 300
[09:53] {GeoArb} true
[09:53] {Threei} see how it plays out
[09:53] {Threei} can alway cut back if too soon
[09:53] {GeoArb} ok
[09:53] {Threei} follow MPP procedure
[09:54] {GeoArb} hmmm JRCC still going down
[09:54] {Threei} it gives you all criteria you need
[09:54] {GeoArb} i reread that chaper
[09:54] {GeoArb} always good to go back
[09:54] {GeoArb} my advice to newbies
[09:54] {Threei} stop being newbies?
[09:54] {GeoArb} nope
[09:54] {GeoArb} good to go back and reread MPP
[09:54] {Threei} my guessing skills are lacking
[09:55] {Threei} ty Geo, I will reread it
[09:55] {GeoArb} beacuse i bring new experiences when i reread
[09:55] {GeoArb} mite help you too lol
[09:55] {Threei} out second half URRE
[09:55] {Threei} probably needs to breathe, stalled
[09:56] {Threei} it touched my sell level but didn't take my shares
[09:57] {Threei} HIRE
[09:57] {Threei} what the
[09:57] {Threei} didn't it sign agreement?
[09:58] {dino} hire stopped
[09:58] {Threei} these are strange times
[09:58] {Threei} and to illustrate the point:
[09:59] {Threei} they have nothing better to do?
[09:59] {magoo} does RIMM report after bell tonite?
[09:59] {Threei} yes sir
[09:59] {magoo} nike too
[09:59] {Threei} and ORCL
[09:59] {dino} magoo's the oracle
[09:59] {Threei} oh, and BBB
[09:59] {Threei} BBBY
[10:00] {Threei} I normally dopn't care about it
[10:00] {Threei} but it will indicate how retailers are doing in this climate
[10:00] {esemde} good morning all just a quick note to let you know that i'm here with you all in spirit...this is my last week of school and i;m doing concerts as well as being involved with the jazz festival here in victoria....i'm hoping to join you all full time tomorrow
[10:00] {Threei} MAY NEW HOME SALES: 512K V 512KE
[10:00] {Threei} ese! :)
[10:00] {dino} apol drop
[10:00] {GeoArb} hey ese
[10:00] {Threei} I was wondering where you were
[10:00] {esemde} hey vad
[10:00] {magoo} ES:)
[10:01] {Threei} thank you for update
[10:01] {dino} gm es
[10:01] {Threei} too bad you miss these days
[10:01] {Threei} URRE and ROYL made us happy
[10:01] {dino} geo, apol bottom?
[10:01] {esemde} hope your having a good can come and catch my high school R&B band on sunday at centenial square
[10:02] {Threei} if you promise to get rid of all the drug addicts over there
[10:02] {esemde} hate to leave you all but i have one more elementary school concert this morning at Sundance elementary at 8:30....catch you all on the flip side
[10:02] {Threei} take care :)
[10:02] {GeoArb} looks like it
[10:02] {esemde} see ya
[10:05] {dino} out crm .78, +.53
[10:05] {cosmo} ASML
[10:05] {cosmo} 25 test
[10:05] {dino} apol sm l .05
[10:07] {cosmo} ASML what's it
[10:08] {dino} metals getting whacked
[10:09] {Threei} I am not crying to say honestly
[10:09] {Threei} if oil follows metals I won't be crying either
[10:09] {Threei} afraid it's not the case though
[10:10] {Threei} the way oil acts over last week or so makes me think we haven't seen the top yet
[10:10] {dino} top of what?
[10:11] {Threei} ummm... oil?
[10:11] {dino} hee, hee
[10:11] {dino} my sarcasm is not appreciated i see
[10:11] {Threei} I am not implying that oil is topless, mind you...
[10:11] {GeoArb} okkkkkkkk
[10:12] {Threei} welcome to the club dino
[10:12] {magoo} whgerres LCRX stop?
[10:12] {Threei} [09:40] {Threei} stop under .10 LRCX
[10:12] {Threei} gosh mags
[10:13] {Threei} it went to 1:2 almost
[10:13] {dino} apol wall at .38
[10:13] {Threei} then hit stop
[10:13] {Threei} then to over 1:1
[10:13] {Threei} then stop again
[10:13] {Threei} and you are still in? :)
[10:13] {dino} ouch gmxr
[10:14] {magoo} sigh..tough start..slow
[10:14] {Threei} they stopped brewing coffee in your neck of the woods?
[10:15] {magoo} i think dino snuck in decaff
[10:15] {Threei} no way
[10:15] {Threei} dino doesn't strike me as decaf type
[10:16] {Threei} URRE is almost back into support
[10:16] {dino} i need caffine!!!!!! would not drink decaf
[10:16] {dino} whats the point
[10:16] {Threei} it's not an easy one on reentry
[10:16] {GeoArb} caffiene is good for you
[10:16] {GeoArb} they claim it reduces heart attacks :)
[10:16] {Threei} let me leave it at your discretion
[10:17] {Threei} if you feel good entry, so be it
[10:17] {Threei} if not, let it go
[10:17] {dino} yes, and i drink it black and bitter
[10:17] {Threei} me too
[10:17] {Threei} anything added to a coffee makes it meaningless
[10:18] {dino} indeed sir
[10:18] {Threei} fancy latte with foam and cinnamon shavings? leave it to Niles Crane
[10:19] {dino} never had one
[10:19] {dino} apol stop to .55
[10:19] {Threei} 15 min till oil inventory numbers
[10:20] {Threei} sitting out this nonsense
[10:20] {dino} to .80
[10:21] {dino} out .85 +.80 apol
[10:21] {GeoArb} nice dino
[10:21] {peterg} wtg
[10:21] {dino} ty, anyone ride it w/me?
[10:22] {peterg} wish
[10:23] {GeoArb} no
[10:23] {GeoArb} i decided to be done for day after JRCC and not tempt fate
[10:23] {peterg} Geo, what clued you to JRCC?
[10:24] {GeoArb} crossing yesterday's low on scanner with high ol
[10:24] {peterg} tks
[10:24] {GeoArb} also.... trying to make my own sector watchlists slowly
[10:24] {GeoArb} coal steel solrs etc
[10:25] {GeoArb} basically listten to guys here and keep adding
[10:27] {GeoArb} hmm JRCC still going down with low vol on pullback
[10:31] {Roman} 21 long WB small
[10:31] {Roman} 21 18.45
[10:35] {Threei} DOE CRUDE: +800K V -1ME; GASOLINE: -150K V -200KE
[10:35] {dino} cenx sm l .31
[10:35] {Threei} DISTILLATES: +2.8M V +2ME; UTILIZATION: 88.6% V 89.6%E
[10:35] {Roman} 21 BRCM vad?
[10:36] {Threei} .21 I'd take long if stays above .10
[10:36] {Threei} or first strength from here with stop under 28
[10:38] {Roman} 21 remember VEXP
[10:38] {Roman} 21 ?
[10:39] {Threei} not really
[10:39] {Threei} I forget them when they go under ! :)
[10:39] {Roman} 21 a few years back we played it, went from 1 - 21 in a few days
[10:40] {Threei} 07:34am [VEXP] Receives Notice of Non-Compliance with NASDAQ Listing Agreement
[10:40] {Roman} 21 they got a contract
[10:41] {Threei} ROYL half lot long .51
[10:41] {Chaeron} Good morning all
[10:41] {Threei} chaeron :)
[10:42] {Threei} if holding above .35
[10:43] {Threei} see big offer by INET at .50-.51?
[10:43] {Threei} flashes and cancels
[10:44] {Threei} most likely fake
[10:44] {Threei} but observe it if ROYL triggers
[10:44] {dino} i've just seen it all, barak asks his supporters to pay off hillary's election run debt
[10:44] {Threei} if it stays, make sure it's being taken out before entry
[10:45] {dino} oh yeah, he's a "new" breed of politician
[10:45] {GeoArb} its the cost of renting her canvassing dino
[10:45] {dino} it's sick is what it is
[10:46] {magoo} alright vad..slap me..then advise on LCRX
06[10:46] * Threei slaps magoo around a bit with a large trout
[10:46] {Threei} sell it
[10:47] {Threei} glad to oblige
[10:47] {Threei} ROYL invalidated
[10:47] {magoo} ok..ty..can get out for lunch money
[10:48] {Threei} with this market spike it should have been breaking previous highs if it still had enough gas
[10:48] {Threei} and with oil drop ROYL should have been flying
[10:48] {Roman} 21 out 1/2 WB +.27
[10:49] {dino} csgp sm l .22, stop .88
[10:50] {Roman} 21 still in WM
[10:51] {magoo} wow ROYL nasty
[10:51] {Threei} very
[10:51] {Threei} good thing we waited for a trigger instead of jumping in on oil weakness
[10:51] {Threei} Roman, you decided to play everything starting with W today?
[10:52] {Roman} 21 :)
[10:55] {dino} cenx stopped -.41
[10:58] {Roman} 21 SOL
[10:58] {Roman} 21 short setup on small bounce
[10:58] {Threei} OK, I did realize (and warned in advance) that today will be tough to find plays... but not seeing anything to trade during such market runup??
[10:58] {Roman} 21 shorted small 20.02
[11:01] {Roman} 21 WB
[11:01] {Threei} chaeron, look dcc pls
[11:01] {Roman} 21 wanted to add more on 18.48
[11:02] {Threei} SQNM
[11:02] {Threei} new round starts?
[11:02] {magoo} how come u never DCC magoo?
[11:03] {Threei} .95 break long half lot if stays above .75
[11:03] {Threei} who's magoo?
[11:03] {magoo} ok..dcc 7 of 9 then
[11:04] {Threei} 1:1
[11:04] {dino} sqnm
[11:05] {GeoArb} shorting dino?
[11:05] {dino} not yet, around 16 thinking
[11:06] {dino} don't think it will get there, secondary tomorrow on it
[11:06] {dptl} so fast...didnt get out...sqnm
[11:07] {GeoArb} got .2
[11:07] {GeoArb} TY vad
[11:07] {GeoArb} learned hotkeys frm you
[11:07] {GeoArb} TY dptl
[11:07] {GeoArb} ")
[11:08] {GeoArb} :)
[11:08] {dptl} you better then me now..:) gj
[11:09] {GeoArb} JBE DBI from vad euphoria capi from dino hotkeys from dptl and art of bidding and offerring from magoo
[11:09] {GeoArb} tough chatroom :)
[11:09] {GeoArb} TY
[11:10] {dino} lol
[11:10] {dptl} damn....and i sold it at .02...something is wrong with
[11:10] {GeoArb} as vad would say
[11:10] {GeoArb} didnt hit stop so why sell
[11:11] {dptl} ye its pure psycological thing i have again
[11:13] {dptl} gonna go have a smoke :)
[11:15] {Threei} Geo... you forgot education in botany from Raven
[11:16] {GeoArb} zoology vad
[11:16] {GeoArb} lol
[11:16] {Threei} nope, botany
[11:16] {Threei} birds are plants
[11:16] {GeoArb} well that didnt add to bottom line
[11:16] {Threei} that's my story and I stick to it
[11:16] {GeoArb} :)
[11:16] {GeoArb} oh yeah forgot
[11:17] {GeoArb} chaeron for being where he is
[11:17] {GeoArb} whenever he talks weather......
[11:17] {GeoArb} makes me swear and work harder
[11:17] {GeoArb} :)
[11:18] {dino} dwsn sm l .34
[11:19] {dino} star drop
[11:21] {kazaam} slab, l 39.07
[11:24] {Roman} 21 IDSA Industrial Services Expects 2nd Quarter FY 08 Earnings of $0.42 to $0.44 Per Share, versus Year-Ago Quarter of $0.22 Per Share (15.99 +1.66)
[11:24] {Roman} 21 animal
[11:36] {dino} out dwsn .75, +.41
[11:37] {kazaam} out half slab .18, +.11
[11:37] {Threei} good job guys
[11:39] {Threei} URRE becomes harder and harder to resist
[11:40] {dino} so does that snickers bar in my desk
[11:42] {Raven} 3 back ... birds are plants !!! ??????????
[11:42] {Threei} yes sir
[11:42] {Threei} so are cows
[11:42] {Raven} 3 but then, some people are vegetables ... hmmmm
[11:42] {Threei} most
[11:42] {Raven} 3 particularly in Washington DC
[11:43] {Threei} the way I see it:
[11:43] {Raven} 3 you have a point
[11:43] {Threei} we are what we eat ---} cows eat grass ---} cows are plants ---} I am a vegetarian
[11:44] {Raven} 3 I like broccoli ... what does that make me ?
[11:44] {Threei} broccoli lover
[11:44] {Raven} 3 OK
[11:46] {kazaam} stopped half slab, -.08
[11:47] {Threei} I like how you managed it kaz
[11:47] {Threei} valid setup, good chart, was worth a try,
[11:47] {Threei} the way you protected profit
[11:48] {Threei} then applied logical stop to second half
[11:48] {Threei} is the way to do it
[11:49] {kazaam} gracias, i still get me some learnin tah do
[11:50] {Threei} well, I am glad to see studying of RT materials is not wasted :)
[11:57] {GeoArb} off to work... have a great FED day guys
[11:57] {magoo} bye GEO:)
06[11:58] * Threei slaps GeoArb around a bit with a large trout
[11:58] {Threei} just so he reads the log later and enjoys it
[11:59] {Threei} let's make bets
[11:59] {Threei} I have two
[11:59] {Threei} 1. SQNM goes to 16 today
[12:00] {Threei} 2. Fed keep rates unchanged
[12:00] {kazaam} is it too late to get into SQNm?
[12:01] {Threei} scary thing
[12:01] {Threei} volatile like hell
[12:01] {Threei} doesn't reallt obey technicals
[12:02] {Threei} so... no contenders??
[12:03] {patience} nope, i'm waiting for a rate hike today, gold and oil to drop and a rally on the dow :)
[12:03] {patience} anybody else with me on this one?
[12:03] {Threei} OK, one bet is on
[12:03] {Threei} unchanged vs hike
[12:04] {patience} vad, i think they are on the floor laughing at me
[12:04] {kazaam} unchanged!
[12:04] {Threei} who? Fed?
[12:04] {_Lisa_Jay} No Change, but with wording for future hikes.
[12:04] {magoo} im saying RIMM goes green today and its down 2 plus..any takers?
[12:04] {_Lisa_Jay} Don't know much about rimm. sorry.
[12:08] {kazaam} no bet on that magoo, got double bottom plus has only $2 before its in the green
[12:08] {dino} rates the same, and inflation wording strong
[12:12] {kazaam} aiv sm l @ .23
[12:13] {dino} also, markets go neg. just before announcement, then up 100 dji, then slight neg, close up 150 dji
[12:13] {dino} how's that for a call
[12:13] {kazaam} play by play prediction, BOLD
[12:14] {dino} fortune favors the bold
[12:14] {Threei} oh @$#%&(^!@
[12:14] {Threei} I always thought it was "bald"
[12:14] {dino} sorry, i don't speak monkey
[12:15] {Threei} what a costly mistake
[12:15] {dino} lol
[12:15] {Threei} years of shaving the head in vain
[12:19] {Threei} new 52 week high SQNM
[12:19] {dptl} god small at .43
[12:22] {dptl} stop under .20
[12:23] {dino} titn
[12:27] {dptl} out +.20
[12:27] {dino} gj
[12:28] {dptl} ty...nice and easy
[12:28] {Threei} not waiting for 16??
[12:28] {Threei} no one believes me...
[12:28] {Threei} sniff sniff
[12:28] {dptl} no....still playig really safe
[12:28] {magoo} ill stoip it heree and now..long .70
[12:28] {Threei} lol
[12:29] {magoo} join me cjhaer..death for sure
[12:29] {dino} csgp stopped -.23
[12:31] {Roman} 21 covered SOL earlier +1.08
[12:31] {Roman} 21 out WB -.12
[12:32] {kazaam} cenx? any momo left to downside?
[12:33] {dino} chk l sm .65
[12:33] {Threei} hard to tell kaz... .50 should be a short trigger
[12:34] {Threei} but it's down a lot already
[12:34] {hawkfan4} sqnm nice vad, thx
[12:34] {Threei} welcome
[12:37] {Threei} CSUN
[12:37] {Threei} - Company has entered into a supply agreement with the European wafer provider REC Wafer for a high quality supply of monocrystalline 156-millimeter wafers for the seven years from 2009 through 2015.
[12:37] {Threei} - Total purchases of wafers by CSUN from REC Wafer are expected to exceed $400M over the life of the Agreement.
[12:39] {dptl} covered slaB short +.40 small
[12:39] {kazaam} do find that breakouts work less on very well known high volume companies? like ADBE for example
[12:40] {kazaam} yesterday MRK had another breakout opportunity but it didn't run very well
[12:40] {Threei} odds are less favorable, yes
[12:44] {dino} cpla stopped -.33
[12:45] {kazaam} aiv half @ +.10 half be
[13:04] {Threei} yawn
[13:04] {dptl} lol...same here
[13:05] {kazaam} indeed, big yawn
[13:06] {Threei} but profitable
[13:14] {Threei} 16
[13:14] {Threei} ring ring ring
[13:14] {Threei} first bet I win
[13:14] {Threei} in an hour we will know about second
[13:14] {magoo} vad..i really took .70 lol
[13:15] {Threei} sold 16?
[13:15] {magoo} trying YES
[13:15] {magoo} out 16
[13:16] {hawkfan4} beauty call vad, still in 1/4 from .36, sold 1/2 .75
[13:16] {Threei} :)
[13:18] {dptl} my phone is ringing....i am not piking up...probably sqnm:)
[13:18] {dino} out chk .07 +.42
[13:18] {Threei} rest assured dp
[13:18] {Threei} it didn't ask for your phone number but I volunteered
[13:18] {dptl} :)
[13:20] {hawkfan4} out rest +.94
[13:22] {Threei} wtg
[13:22] {patience} very nice hawk
[13:22] {Threei} you know new rule right?
[13:22] {Threei} you need to send me 30% of your winnings if you made more than 15 cents
[13:23] {hawkfan4} thanks, no, what's the new rule? {cringing}
[13:23] {hawkfan4} ah
[13:23] {Threei} it's a very new rule
[13:23] {Threei} about 1 minute 15 seconds
[13:23] {hawkfan4} lol, sure, dcc me your address and i'll get right on it :)
[13:24] {Threei} ah just send it to Hawaii, I'll pick up the check when drop by
[13:26] {kazaam} sid going again? i can't decide if i want in because it looks good or if i want it because the 1st move ran away from me
[13:26] {Threei} looks good
[13:27] {kazaam} l 43.01
[13:28] {kazaam} sl .85
[13:28] {Threei} it's just that the closer we to fed time the less activity and resolution there is in the market
[13:28] {Threei} so keep your expectations down
[13:28] {Threei} take scalp if you get it
[13:28] {Threei} keep stop as if your very life depended on it
[13:28] {kazaam} yeah, thats what was going through my head when I was watching SID break the first time..
[13:29] {Roman} 21 long LLNW
[13:29] {Roman} 21 full size 4.03 area
[13:29] {Roman} 21 stop under 3.90
[13:30] {Threei} daily looks nice
[13:30] {Threei} but I'll take it if eats through .05
[13:30] {magoo} vad URRE actiit
[13:31] {magoo} activity
[13:31] {Threei} I think we missed it magoo
[13:31] {Threei} went too deep down, I lost interest
[13:31] {Threei} hmmm... INET moved big offer to .08 on LLNW
[13:31] {Threei} not sure
[13:37] {kazaam} SID half @ +.15
[13:37] {Threei} :)
[13:37] {dptl} out .17 ty
[13:39] {Threei} shameless scalpers
[13:39] {Threei} grabbing money wherever they see it
[13:41] {kazaam} out last half
[13:41] {Chaeron} I'm here .........
[13:41] {dptl} oops what happend?
[13:41] {peterg} you disconnected too?
[13:41] {Threei} almost half of the room just got dumped
[13:42] {peterg} tribe reassembling
[13:42] {kazaam} back
[13:42] {Threei} each brings a limb of foe
[13:43] {magoo} back..bumped off room
[13:43] {kazaam} i bring toes!
[13:43] {dptl} back
[13:44] {Threei} SQNM can't read
[13:44] {Threei} or count
[13:44] {Threei} I said 16, it thought 17
[13:45] {Chaeron} but really meant 18?:)
[13:45] {Threei} lol
[13:45] {dptl} yeah...its sending me faxes
[13:45] {Threei} if it goes to 18 it will knock on your door
[13:45] {dptl} lol
[13:48] {dino} bucy sm l .50
[13:57] {dptl} test
[13:57] {_Lisa_Jay} Passed :-)
[13:57] {dptl} ty
[14:06] {magoo} vad..why would people be buying BEFORE fed??
[14:07] {Threei} "why would people..." can be a good beginning for a lot of questions
[14:07] {Threei} people do all kinds of strange things :)
[14:10] {Threei} I win second bet
[14:10] {Threei} two in one day
[14:10] {Threei} wait for me, I gotta buy lottery ticket TODAY
[14:10] {patience} oh well, your blueberries are on their way vad
[14:10] {Threei} VOTE 9:1, FISHER DISSENTS
[14:10] {Threei} - Uncertainty about inflation outlook remains high
[14:10] {Threei} cool beans
[14:11] {Threei} love'em blueberries
[14:11] {dino} out bucy .90
[14:11] {dino} +.40
[14:11] {Threei} - Tight credit, housing slump, energy price rises to weigh on growth over next few quarter
[14:11] {Threei} - Labor markets have softened further and financial markets are still under stress
[14:12] {Threei} - Economic activity continues to expand,sees some firming in household spending
[14:12] {Threei} - Discount Rate unchanged
[14:12] {dino} insightful
[14:12] {Threei} as always
[14:12] {Threei} would would we do without fed wisdom
[14:13] {dino} oil moving up
[14:18] {dino} almost got the 100 up
[14:19] {magoo} RIMM green
[14:28] {hawkfan4} .
[14:28] {Threei} good point
[14:28] {hawkfan4} :)
[14:30] {dino} down we go
[14:30] {Threei} huh
[14:30] {Threei} both oil and market
[14:30] {Threei} that's odd
[14:31] {Threei} FPL
[14:32] {dino} bucy, joyg lod
[14:37] {dino} sm cedc l .09
[14:40] {dino} stop is .89 fwiw
[14:42] {Threei} quite a mess
[14:42] {dino} y
[14:47] {dino} cedc stopped w/slip, ave .85 -.24
[14:47] {Threei} FIRE
[14:47] {Threei} I just wanted to provide accompaniement for HIRE news
[14:53] {dino} dwsn sm l .80
[15:01] {dino} oih green
[15:03] {Threei} what's going on? :)
[15:03] {dino} chaos!
[15:04] {dino} up 103 dji, needs 47 more
[15:04] {dino} unfortunately, did not go neg only to plus 20, off there
[15:11] {dino} dwsn stopped, screwed me slipped from .64 to ave .35, -.45
[15:12] {dino} now look at it a buck over on the ask
[15:17] {dino} dwsn partil fill l .57, last try
[15:22] {kazaam} looks like everything is in order, by being out of order
[15:23] {Threei} lol
[15:24] {dino} ok remaining at .40,. ave .45
[15:24] {Threei} really, look at NASDAQ ever after FOMC
[15:25] {Threei} is it coming or is it going?
[15:25] {dino} y
[15:35] {dino} ok here comes dji neg.
[15:43] {Threei} boy, am I glad we got our trades early
[15:44] {GeoArb} ;0
[15:44] {Threei} chart after 2 pm looks like drawing of 1 years old
[15:45] {Threei} or, you know.... tie a pen to mule's tail, get mule drunk, needle it while holding sheet of paper under the pen
[15:45] {Threei} that's what it would draw
[15:45] {GeoArb} hmmm
[15:45] {GeoArb} how would you know vad?
[15:45] {GeoArb} weekend fun?
[15:45] {Threei} I have vivid imagination
[15:49] {kazaam} alright, have a good day everybody, i am out
[15:49] {kazaam} adios
[15:49] {Threei} take care kaz, good job today
[15:49] {Threei} glad you started posting plays
[15:49] {dino} well so much for the 150 up
[15:50] {Threei} keeps you disciplined
[15:50] {Threei} OK guys, let's call it a day
[15:50] {Threei} proftable one albeit very boring in second half
[15:50] {GeoArb} no rimm and orcl vad?
[15:50] {GeoArb} lol
[15:50] {Threei} but hey... I am willing to yawn all the weay to the bank
[15:51] {Threei} nah, I don't care
[15:51] {GeoArb} i remember the last quarter you didnt resist
[15:51] {Threei} and I have corporate tax meeting in 25 minutes
[15:51] {GeoArb} k
[15:51] {Threei} so I pretend I don't care :)
[15:51] {GeoArb} hehe
[15:52] {dptl} have a good evening all :)
[15:52] {GeoArb} see you all tomorrow

Tuesday, June 24, 2008

Jun 24 2008

Session Time: Tue Jun 24 00:00:00 2008

[08:30] {Threei} 06/23/08 04:04pm [ROYL] UPDATE: expects to return to regular quarterly profitability in Q2
[08:31] {hawkfan4} only problem with ROYL is if i even think about putting it on my broker screen i lose money
[08:32] {Threei} lol
[08:33] {Threei} how was yesterday?
[08:34] {hawkfan4} ABAT perky again. Yesterday was just ok, nasty whippy market. Tough read. So basically like any other day this year :)
[08:34] {Threei} everything's fine then :)
[08:34] {hawkfan4} yep
[08:34] {hawkfan4} geesh royl
[08:34] {Threei} wow ROYL
[08:35] {Threei} what's got into SATC yesterday?
[08:35] {Threei} no news... broke resistance, hit .51, tyhen dfropped all the way back into support
[08:36] {hawkfan4} no idea. I think Roman traded it yesterday
[08:37] {_Lisa_Jay} Hi Vad.
[08:38] {Threei} Good morning Lisa
[08:39] {Threei} why then prices continue to rise even as we see demand destruction worldwide?
[08:39] {cosmo} beach sand is the answer to solar maybe?
[08:40] {cosmo} could make oil cheap as dirt?
[08:41] {Threei} which it is
[08:41] {cosmo} oh?
[08:41] {Threei} no? black... sticky...
[08:42] {cosmo} and volitile
[08:42] {Threei} I see SQNM put impressive peformance as well
[08:45] {cosmo} ASML
[08:45] {cosmo} # ASML upgraded to buy at Goldman Sachsat MarketWatch(Tue 3:13am)
[08:52] {cosmo} ASML high last night = 25.86 fyi
[08:54] {_Lisa_Jay} ROYL
[09:00] {judijim} good morning and welcome back Vad
[09:00] {Threei} thank you jj :)
[09:00] {dino} gm all
[09:00] {Threei} APRIL S&P/CASE SHILLER HOME COMPOSITE-20 Y/Y: -15.3% V -16.0%E; PRICE INDEX: 169.9 V 172.2 PRIOR
[09:00] {Threei} dino :)
[09:06] {dino} gm
[09:08] {Threei} ROYL relentless
[09:08] {Threei} OMNI as usual is sympathy candidate
[09:14] {dptl} good morning all
[09:14] {Threei} dp :)
[09:17] {dino} :)
[09:21] {GeoArb} gm all
[09:22] {Threei} Geo :)
[09:23] {cosmo} ASML pre mkt high 25.75 so far
[09:26] {fernp} Good morning
[09:26] {Threei} fern :)
[09:26] {Threei} watching ROYL, OMNI
[09:27] {fernp} TY. no reply here
[09:27] {Threei} argh
[09:31] {GeoArb} .
[09:32] {Threei} strangely inactive OMNI
[09:32] {GeoArb} yeah its like no open
[09:33] {Threei} ROYL on the other hand is quite perky
[09:34] {_Lisa_Jay} KR
[09:35] {cosmo} ASML gonna test .75
[09:35] {Threei} ABAT
[09:36] {Threei} scary thing...
[09:36] {dino} wynnblood
[09:37] {Threei} finally some pullback ROYL
[09:40] {Threei} BRCM .18 long if stays above .10
[09:43] {magoo} morn
[09:43] {Threei} magoo :)
[09:43] {magoo} how was trip boss?gooi hope
[09:43] {magoo} good
[09:44] {Threei} very, thank you
[09:44] {GeoArb} thanks magoo
[09:44] {GeoArb} now everyone is embarrassed
[09:44] {Threei} a bit tiresome with quick time zone changes back aand forth from coast to coast
[09:44] {magoo} i miss anything?no replay
[09:44] {Threei} watching ROYL
[09:44] {GeoArb} didnt see anyone else as that :)
[09:45] {GeoArb} ask
[09:45] {dino} nice
[09:47] {Threei} SATC cross back over 3 long if holding above 2.90
[09:48] {dino} dji wants march lows
[09:49] {dino} another 100 or so points
[09:52] {Threei} ROYL .41 half lot long
[09:53] {Threei} if holding above .20
[09:53] {dptl} my laser t&s is not working anyone else?
[09:53] {Threei} it reloaded by itself and works now
[09:53] {magoo} ok here {so far}
[09:54] {magoo} in royl agg .37
[09:54] {dptl} hmm...not mine
[09:54] {Threei} stop under .25 or under .20 mags
[09:54] {magoo} k
[09:55] {Threei} over 1:1
[09:55] {Threei} OK... first scalp after the trip worked... now SATC... go up will ya
[09:56] {Threei} 1:2 ROYL
[09:57] {magoo} wait .85
[09:57] {magoo} OUT TY
[09:57] {Threei} welcome
[09:57] {GeoArb} i am curious magoo why 85?
[09:57] {dino} scrx
[09:57] {magoo} nice to have u back :)
[09:57] {Threei} lol... waited for a profitable trade to sday that??? :)
[09:58] {GeoArb} now i am not embarrassed anymore
[09:58] {Threei} and if it was a stop you'd say "why did you even bother coming back"? :)
[09:58] {GeoArb} we are too polite
[09:58] {dptl} ok works now....missed royl
[09:58] {Threei} ugh
[09:58] {GeoArb} i know... wish i had a 3rd tier
[09:59] {Threei} ?
[09:59] {GeoArb} royl
[09:59] {Threei} what do you mean 3rd tier?
[09:59] {GeoArb} 1:1 1:2
[09:59] {GeoArb} 1:3 :)
[09:59] {Threei} ah
[09:59] {GeoArb} 3rd bullet
[09:59] {Threei} it reached 1:4
[10:00] {GeoArb} even more so
[10:00] {Threei} APR HOUSE PRICE INDEX M/M: -0.8% V -0.4%E
[10:00] {Threei} JUNE CONSUMER CONFIDENCE: 50.4 V 56.0E
[10:00] {Threei} - prior revised from 57.2e to 58.1
[10:00] {Threei} jeez
[10:01] {GeoArb} stop on satc? 2.9?
[10:01] {Threei} under
[10:01] {GeoArb} TY
[10:02] {magoo} low volume on ROYL pullback vad
[10:03] {Threei} probably has more in it... it's just very hard to time
[10:03] {magoo} deep pullbk entry would be nice
[10:04] {magoo} news RIMM?
[10:04] {magoo} reports 6/25 i believe
[10:04] {hawkfan4} 10:00 ECONX June Consumer Confidence 50.4 vs 56.0 consensus, prior 58.1
[10:05] {Threei} [10:00] {Threei} JUNE CONSUMER CONFIDENCE: 50.4 V 56.0E
[10:05] {Threei} [10:00] {Threei} - prior revised from 57.2e to 58.1
[10:05] {Threei} :)
[10:05] {GeoArb} RIMM marked buy today with 200 target by Genuity
[10:06] {dino} scrx sm l .20 stop lod
[10:10] {dino} cpla sm l .09
[10:14] {Threei} ROYL is getting ready to another round it seems
[10:14] {Threei} .50 break
[10:14] {GeoArb} magoo you scored on ROYL
[10:14] {dino} csx sm l .42
[10:14] {magoo} in royl
[10:14] {dino} cetv blood
[10:14] {magoo} .44 aggress
[10:15] {GeoArb} nice :)
[10:15] {dptl} stopped satc
[10:16] {Roman} 21 long URRE
[10:16] {Threei} URRE?
[10:16] {Roman} 21 1/2
[10:16] {Roman} 21 URRE
[10:16] {Roman} 21 3.55, Uranium resources
[10:17] {magoo} in with u .58
[10:17] {Threei} 4 in cards?
[10:17] {Roman} 21 i think so
[10:18] {Threei} don't know what propelled in yesterday
[10:18] {Threei} so relying on your read'
[10:18] {dino} mccain, 45 new reactors pledge
[10:18] {Threei} ahha
[10:18] {dino} csx stopped -.42
[10:18] {Threei} thank you
[10:18] {Threei} so it's going to become an election stock
[10:19] {Threei} polls show one candidate it goes up... another, it goes down
[10:19] {dino} y
[10:19] {Threei} of course best case scenario is, another candidate also says he is in favor... tyhen it just goes :)
[10:19] {Roman} 21 BDCO
[10:20] {Roman} 21 in 2.05
[10:20] {Threei} OMNI woke up
[10:20] {Threei} strange stock...
[10:20] {dino} man hate to see what would happen to scrx if drug denied
[10:20] {Threei} I'd expect it to react on ROYL much sooner
[10:21] {Roman} 21 long USEGH
[10:21] {Roman} 21 USEG
[10:21] {Roman} 21 small 3.04-06 area
[10:22] {Threei} offering URRE 4.05
[10:22] {magoo} 4.04 here he he
[10:28] {magoo} l rimm .25 small
[10:29] {magoo} damm stopped .87
[10:32] {magoo} magoo applies foot to urre rear
[10:32] {Threei} out
[10:32] {magoo} OUT .05 TY roman
[10:32] {Threei} beautiful
[10:32] {magoo} wow..quite a kick
[10:32] {Threei} thank you Roman
[10:32] {Roman} 21 out 1/2 URRE 4.18
[10:33] {Threei} why did I take just 1K
[10:33] {Threei} +.49
[10:33] {_lisa_jay} What a day for my trading computer to crash. Sobbing.
[10:34] {Threei} ouch
[10:35] {Threei} market is in freefall
[10:37] {Threei} true visionaries
[10:38] {GeoArb} out royl finally
[10:39] {GeoArb} missed previous
[10:39] {dino} 22 years away, hmmmmm
[10:39] {magoo} i waiting .89
[10:39] {Threei} Geo :)
[10:39] {GeoArb} lesson learned....more coffee
[10:39] {Threei} 3579, look dcc please
[10:41] {magoo} what ?are we borg now?
[10:41] {Threei} lol
[10:44] {Threei} out mags?
[10:44] {magoo} OUT .89 TY vad
[10:44] {Threei} good job
[10:44] {Threei} welcome
[10:45] {magoo} URRE as a reenter?
[10:45] {Threei} feels so
[10:45] {Threei} just as with ROYL, timing is not easy
[10:46] {GeoArb} hmm missed the whole royl
[10:46] {Threei} it will pull back
[10:46] {Threei} and hard
[10:47] {Chaeron} hi replay not working... missing anything?
[10:47] {dptl} hmm i missed everything today
[10:47] {GeoArb} i also got out as i want comfortable holding long in the freefall
[10:47] {GeoArb} wasnt
[10:47] {dino} sm cenx l .90
[10:47] {GeoArb} still issues dp?
[10:48] {dino} ralllly
[10:48] {dptl} no all working now ...its me who has an issues
[10:48] {GeoArb} lol
[10:51] {magoo} i just gave ROYL geo's phone number
[10:51] {GeoArb} man
[10:51] {Threei} don't pick up the phone geo
[10:51] {Threei} all you'll hear is evil laughter
[10:51] {GeoArb} 1-800-CANT HOLD A STOCK
[10:51] {Threei} well
[10:51] {Threei} look at it this way
[10:52] {Threei} ROYL is a kind of stock where you don't have really technicals to rely on
[10:52] {Threei} it's a typical momo stock
[10:52] {GeoArb} perfect JBE
[10:52] {Threei} and with momos it's a feel that helps distinguish real mover from lame one
[10:52] {GeoArb} true
[10:52] {Threei} but feel doesn't come naturally
[10:53] {Threei} it's a result of experience
[10:53] {GeoArb} yeah
[10:53] {Threei} accumulated over tiume
[10:53] {Threei} you simplyu don't have under your belt enough years and trades yet
[10:53] {Threei} it will come
[10:53] {Threei} so no need to beat yourself up
06[10:53] * Chaeron slaps GeoArb around a bit with a large trout
[10:53] {Threei} some things you learn and some things need time
[10:54] {Chaeron} I'll do it for you
[10:54] {GeoArb} :)
[10:54] {Threei} lol
06[10:54] * magoo slaps GeoArb around a bit with a large trout
[10:54] {GeoArb} ahh the trout
[10:54] {GeoArb} i had that coming
[10:54] {Threei} soak in all these occurences,
[10:55] {Threei} pay attention, memorize, try to get this feel
[10:55] {Threei} let the reality show you when your feel was cvorrect and when not
[10:55] {GeoArb} TY
[10:55] {Threei} in a while you'll start getting these intuition flashes
[10:55] {Threei} it will feel almost unreal, as if you could see future with such incredible clarity
[10:56] {Threei} just look at how next ROYL or URRE and whatever trades,
[10:56] {Threei} and you can just see how it moves up andf up
[10:56] {Threei} unstoppable
[10:56] {magoo} u are rambling boss he he
[10:56] {magoo} as i run for rock
[10:56] {GeoArb} jetlag
[10:56] {Threei} yup :)
[10:57] {Threei} when you learn to trust those impulses and to tell them from wishful thinking... I retire :)
[10:57] {GeoArb} it will take me a while
[10:57] {Threei} it will
[10:57] {GeoArb} so retiring is far hehehehehe
[10:57] {Threei} but you'll get there
[10:57] {Threei} you saw me sometimes assigning a target to a stock
[10:57] {GeoArb} yeah
[10:57] {Threei} that wouldn't get supported by anything on chart
[10:58] {Threei} magoo does the same sometimes
[10:58] {GeoArb} yeh
[10:58] {magoo} just like my feel here..AAPL goes over 174.,..just not easy...but it will if IF mkt continues up
[10:58] {GeoArb} looks like you guys remember how that stock moves
[10:58] {Threei} well, with ROYL memory won't work
[10:58] {Threei} stock is in uncharted territory
[10:58] {Threei} what we remember is how these momo runners look and feel
[10:59] {Threei} how feeding frenzy manifests itself
[10:59] {Threei} it will come... just let it work in natural order
[10:59] {magoo} recognize level 2 patterns vad..starts a frenzy
[10:59] {magoo} LOOK AAPL
[11:00] {magoo} it was .70 area when i posted
[11:00] {Chaeron} you take it?
[11:00] {magoo} yeop
[11:00] {Chaeron} good job
[11:00] {magoo} rimm too
[11:01] {magoo} oyt RIMM here .77 from .25
[11:02] {Chaeron} ummm if that was supposed to be "out" then congrats :)
[11:04] {Threei} URRE round 2
[11:05] {Threei} 3579, dcc once again please
[11:06] {Threei} watch it as it trades around .20 - .25 level, will help see momo feeding frenzy from lame break attempt
[11:08] {magoo} u in URRE now?
[11:08] {Threei} no but watching
[11:08] {Threei} feels not done
[11:09] {magoo} how about ROYL?
[11:10] {Threei} not yet
[11:10] {Threei} needs rest
[11:10] {magoo} wheres support? like 13 area
[11:10] {Threei} needs to shake out overly optimistic ones that decided momo will never end
[11:14] {dino} csgp l .74, stop .42
[11:17] {dino} green
[11:18] {Threei} isn't it amazing?
[11:19] {Threei} 30 minutes ago end of the workld was upon us
[11:19] {magoo} yeah,..this morn cramer posting potentiasl crash
[11:19] {GeoArb} funny royl moved down
[11:20] {GeoArb} wow
[11:22] {Threei} geo... don't trade URRE if it starts chewing resistance but watch it
[11:22] {Threei} try to feel frenzy if it comes
[11:22] {GeoArb} ok
[11:23] {Threei} and try to feel the lack of it
[11:23] {Threei} if there is just some fibble buying
[11:23] {GeoArb} right now some big sizes on 19/20
[11:23] {Threei} yes
[11:24] {Threei} it needs to take them out if it waants to continue,
[11:24] {Threei} so if/when it gets there
[11:24] {GeoArb} offers not lifting at all
[11:24] {Threei} there will be either real frenzied buying taking out all those sizes in a blink of eye
[11:24] {Threei} or string of buys,
[11:24] {Threei} unconvincing, not very confident
[11:25] {GeoArb} ok watching
[11:25] {Threei} chaeron, dcc please
[11:26] {GeoArb} what symbol do you watch for oil vaD?
[11:26] {Threei} USO
[11:26] {dino} out cenx .55, +.65
[11:27] {GeoArb} no CL?\
[11:30] {Roman} 21 LLNW interesting
[11:33] {dino} scrx stop to .29
[11:42] {_3579} hello
[11:45] {dino} out scrx .35, +.15
[11:48] {magoo} nice read on ROYL earlier vad abouyt going down
[11:48] {magoo} saved me some cake
[11:49] {Threei} :)
[11:49] {dino} de sm l .20
[11:49] {magoo} good to have u back {did i mention that/}
[11:50] {dino} cenx sm l .01
[11:51] {Chaeron} market
[12:12] {Chaeron} .
[12:17] {magoo} ..
[12:20] {dino} apei\
[12:22] {dino} bit spready
[12:26] {dino} dji hod
[12:40] {Threei} ah come on already URRE
[12:40] {Threei} you know you want to try at least
[12:41] {dptl} you goa take .25 reak?
[12:41] {dptl} gona
[12:41] {dptl} break geez
[12:42] {Threei} .20 rather
[12:42] {dptl} o i see thouse big offers
[12:45] {Threei} splitting hairs aren't we
[13:04] {magoo} royl getting interesting
[13:06] {Threei} welcome to the room 3579
[13:06] {brian3579} ty
[13:06] {dino} yhoo
[13:06] {GeoArb} YHoo went nuts on rumor
[13:06] {Chaeron} welcome 3579 :)
[13:07] {Threei} - chatter is that deal talk would be at a lower price than the $33/shr MSFT offerred in May
[13:07] {dino} what rumor
[13:07] {dino} ok
[13:07] {GeoArb} MSFT wants another look
[13:08] {magoo} vad, from now on address magoo as "7 of 9"
06[13:08] * magoo slaps laserdave1 around a bit with a large trout
[13:08] {Threei} sure but I'll address you with 2x4
06[13:08] * Chaeron slaps laserdave1 around a bit with a large trout
[13:08] {Threei} actually... good idea
06[13:08] * Threei slaps laserdave1 around a bit with a large trout
[13:12] {dino} out cpla .50, +.41
[13:15] {dino} out de flat
[13:17] {laserdave1} thanks guys
[13:23] {peterg} Intelliscan nasd only?
[13:24] {Threei} no
[13:24] {Threei} all US exchanges pplus TSX
[13:24] {Threei} right click on window, Configure, tab Exchanges
[13:24] {Threei} check all you wanty
[13:25] {Threei} even BBs and pink sheets, lol
[13:28] {peterg} tk; do for each window, or one does all?
[13:28] {Threei} each
[13:28] {peterg} 14x, hm
[13:28] {Threei} and don't forget to save layout on exit, or tomorrow it will be back to original state
[13:28] {Threei} lol
[13:34] {peterg} There! exhausted fingers, more information to confuse and befuddle.
[13:35] {Threei} now you won't even be able to read a symbol, so many of them are going to scroll {G}
[13:35] {GeoArb} yeah
[13:35] {GeoArb} i just blindly buy 100 shares of whtever rolls by
[13:35] {peterg} That will fit my state of mind perfectly
[13:52] {dino} sm risky l cetv .95
[13:53] {peterg} dino, sm means small ?
[13:54] {dino} yes=300
[13:54] {peterg} k
[13:55] {peterg} for me, big, since I am in the early stages of tuition payment plan.
[13:56] {dino} alrighty then
[13:58] {GeoArb} anyone plays MON here?
[13:58] {dino} n
[13:59] {GeoArb} beautifull pullback with lowering volume in up pullback
[14:00] {GeoArb} oh well
[14:09] {dino} ] u in
[14:14] {GeoArb} not anymore
[14:14] {GeoArb} pulled about 75 cents on 200 shares
[14:14] {GeoArb} but stock is too expensive
[14:15] {dino} nice
[14:15] {Threei} URRE turned from breakout trade into pullback trade
[14:16] {Threei} if it lost .80 on this setback I'd be more interested
[14:16] {Threei} not in, but wqatching with interest
[14:24] {dino} out cenx .41 +.40
[14:30] {Chaeron} ROYL
[14:30] {dino} out 2/3 cetv .40 +.45
[14:30] {magoo} any read ROYL vsad??
[14:31] {dino} ok in full
[14:34] {dino} brb
[14:34] {Threei} good chance for eod run magoo
[14:35] {magoo} feel like missed good entry
[14:36] {Threei} it breathes
[14:36] {Threei} you'll get more chance
[14:36] {Chaeron} again...
[14:36] {Threei} if not pulling back anymore, .65 with stop under .50
[14:41] {magoo} royl doesn't care about mkt pullbk
[14:42] {Threei} you have 1:1 with .65 entry
[14:43] {magoo} URRE interesting
[14:52] {dino} pete you get out of cetv?
[14:54] {peterg} me? never got in.
[14:55] {dino} ok
[14:55] {Threei} dino, peter is mesmerized by 14 windows showing 5 exchanges
[14:55] {peterg} eyes like saucers
[14:55] {dino} wynn sm l .80
[14:56] {Threei} I know the feeling... pretty flashing colors of level 2 of GOOG or BIDU can keep me entertained for hours
[14:56] {Threei} I am a sucker for flashing lights... Vegas and Times Squarewhat could be prettier
[14:56] {peterg} plus I have to keep going to work, hr at a time; like now. don't want to bother everyone with news of my comings and goings.
[14:57] {Threei} police cars in hot will do too if I am in shticks
[14:57] {Threei} in hot chase that was
[14:57] {peterg} police cars in heat; I like that
[14:57] {Threei} rofl
[14:58] {Threei} I gotta watch my typing...
[14:58] {Threei} but it's not flashy lighted or pretty
[14:58] {Threei} so I usually don't
[15:06] {kazaam} vad, would you get in a JBE type play if the resistance break was at .90 which is so close to .00 pysch resistance? example would be WOR
[15:06] {kazaam} or would you wait for a break of .00
[15:06] {Threei} no, Iwould buy .90 break
[15:07] {Threei} no reason to wait for 24
[15:07] {Threei} it's not a resistance on daily
[15:07] {Threei} nor does it have some huge offers
[15:08] {kazaam} am i correct in viewing .50 and .00 on most stocks as weak support/resitance?
[15:08] {Threei} whole number has some significance
[15:08] {Threei} but not overwhelming
[15:08] {Threei} it adds nicely to other factors
[15:09] {kazaam} yeah, i have been using it as confluence with other more critical factors, i just don't want to be gun shy by factoring in too many insignificant elements
[15:10] {dino} multiplews of .25 imo
[15:11] {dino} multiples
[15:12] {dino} wynn stop to .90
[15:14] {dino} out +.10
[15:15] {dino} cetv fast drop
[15:20] {_Lisa_Jay} URRE broke 4
[15:20] {magoo} has no power as of yet
[15:21] {magoo} ,2o vads trigger
[15:22] {Threei} ummm
[15:22] {Threei} [14:15] {Threei} URRE turned from breakout trade into pullback trade
[15:23] {magoo} oh..sorry
[15:23] {Chaeron} royl trying?
[15:23] {Threei} 4 break became natural trigger after this long-dragged consolidartion
[15:24] {magoo} ROYL feels like a runner
[15:25] {magoo} go gooooooo
[15:27] {Chaeron} target?
[15:27] {Threei} you don't know magoo? his target is $800
[15:28] {Chaeron} lol
[15:28] {magoo} difficult to say......14.899767854
[15:28] {Threei} so imprecise
[15:31] {magoo} song stuck in my head..."goin to a go go ..da dad dad
[15:32] {Threei} poor dino
[15:32] {Threei} singing magoo, it can't be pretty
[15:33] {magoo} my music thats not pretty..scanty clad magoo shakin and bakin
[15:34] {_Lisa_Jay} If it is 7 of 9, not so bad Magoo.
[15:34] {magoo} :)
[15:34] {Threei} my eyes
[15:34] {Threei} the very mental image burns my retina
[15:34] {dino} my ears
[15:38] {_Lisa_Jay} Crazy selling.
[15:41] {dino} out csgp .61 -.09
[15:41] {dino} -.13 i mean
[15:43] {magoo} boner
[15:46] {magoo} remember when a momo stock would have like 3 runs in a day?
[15:46] {magoo} mkt suks anymore
[15:46] {patience} yes, i miss momo runs
[15:56] {dino} ok, calling it a day, thx all, good one
[15:57] {peterg} me too bye all.
[15:57] {dptl} have a good evening all
[15:57] {dino} u2
[15:59] {Threei} thank you all
[15:59] {Threei} have a good evening, see you tomorrow
[16:01] {_Lisa_Jay} Thanks Vad.
[16:06] {magoo} goodnit asll

Friday, June 20, 2008

Jun 20 2008

Session Time: Fri Jun 20 00:00:00 2008
[08:05] {Threei} 06/20/08 08:00am
[08:05] {Threei} [HOKU] Hoku Scientific Collaborating with Great Western Malting on utilities
[08:05] {Threei} - Under the terms of its bid, The Orchard would assume control of TVT's catalogue of recorded masters, artist contracts and physical record distribution infrastructure, among other assets, but excluding its holdings in its music publishing subsidiary.
[08:07] {_Lisa_Jay} Good morning Vad, Dptl, Hawkfan4 and Jmb.
[08:07] {Threei} Good morning
[08:07] {hawkfan4} good morning
[08:09] {Threei} ESLR gapping down
[08:09] {Threei} what an impossible stock
[08:10] {Threei} such words as "follow through" are just not in its vocabulary
[08:13] {Threei} spam mail becomes plainly insulting
[08:13] {Threei} "Be a man finally"?
[08:14] {Threei} I liked "buy replica watches" better :)
[08:14] {Threei} coming at the rate about 400-500 a day
[08:14] {Threei} downside of having e-mail address posted
[08:15] {hawkfan4} lol, that's pretty bad
[08:15] {Threei} it is...
[08:15] {Threei} most irrtating thing, there is good chance to miss a valid one while deleting
[08:22] {_Lisa_Jay} Spam filter.
[08:24] {Threei} tried a lot of them
[08:24] {Threei} none seems to be effective enough
[08:30] {_3579} gm
[08:30] {Threei} 3579 :)
[08:31] {Threei} ENOC
[08:32] {_3579} vad i finished the last chapter of reminiscences of a stock operator last night that chapter is very depressing
[08:33] {Threei} why?
[08:34] {_3579} everyone dies poor
[08:34] {Threei} Jesse didn't
[08:34] {Threei} his estate was about 5 mil when he died
[08:35] {Threei} which in todsay's money is what
[08:35] {Threei} about 80?
[08:37] {Threei} but as famous Hawaiian rules say... He who dies with the most toys - still dies :)
[08:37] {_3579} all smart people with no self control, not him but the whales that lost everything looking for more good lesson
[08:37] {Threei} yeah... as long as leson is taking, why depressing? :)
[08:38] {Threei} rather encouraging as you got useful piece of someone's life experience
[08:38] {Threei} you can tell I am a positive one :)
[08:41] {_3579} i agree but to have so much and give it away, Morse the last guy the book speaks of has his body held by his landlady untill his rent is paid
[08:41] {_3579} thats depressing
[08:42] {_Lisa_Jay} The author probably wrote about all that to caution people about getting too greedy or less cautious.
[08:42] {_Lisa_Jay} Like a balance.
[08:42] {Threei} just speaks volumes about landlady :)
[08:42] {_Lisa_Jay} lol.
[08:42] {_3579} the book was great
[08:42] {Threei} certainly
[08:42] {Threei} there is a good reason why it became all time classic
[08:44] {Threei} what I'll never understand is this take often expressed:
[08:44] {Threei} "what is there to learn from a man who ended up killing himself"
[08:44] {Threei} sounds very unreasonable to me
[08:45] {Threei} man was fantastic trader, learn how he did it
[08:45] {Threei} his mental illlness that walked alongside throughout his entire life and eventually led to his death has nothing to do with his trading abilities
[08:46] {_3579} so many lessons in the book i found myself reading the same chapters over and over again
[08:46] {Threei} I know
[08:46] {Threei} and interesting thing is,
[08:46] {Threei} as your own trading experience grows, you will find new not seen earlier lessons in it
[08:47] {Threei} I am proud to hear the same about TTR... tells me it's in-depth book
[08:48] {Threei} - Adds that will argue against oil output increase during Jeddah meeting
[08:51] {_3579} i have read ttr two times this week i can not tell you how much it has helped me
[08:52] {Threei} good to hear :)
[08:52] {_3579} as you can see i have been reading around the clock
[08:53] {Threei} as long as you stop in time... :)
[08:53] {Threei} as esemde about his experience of reading over 100 books on tarding
[08:54] {_3579} you are going to be away on monday?
[08:54] {Threei} yes
[08:54] {Threei} leaving today midday
[08:55] {Threei} back Monday middday
[08:55] {_3579} have a good trip
[08:55] {Threei} thank you
[08:55] {Threei} been a serious while since I enjoyed trip
[08:55] {Threei} used to love it
[08:55] {_3579} you are coming to my area
[08:55] {Threei} with all the airport and in-flight bs of last years it xceased to be fun
[08:56] {Threei} you in NY?
[08:56] {_3579} yes Long Island
[08:56] {Threei} :)
[08:56] {Threei} very energizing city if visiting short
[08:56] {_3579} SHORT
[08:56] {Threei} for a permanent living I prefer more quiet :)
[08:56] {_3579} i dont love the city
[08:57] {_3579} i like grass
[08:57] {cosmo} hmm
[08:57] {Threei} add" oceanbeach, mountains, lakes, forest", and you have me and my place of living
[08:59] {magoo} morning
[08:59] {Threei} magoo :)
[09:00] {magoo} no replay...what u got going?
[09:00] {Threei} nothing so far
[09:00] {Threei} some fun discussion but you'll have read it in the log later
[09:01] {Threei} irritated that host can't restore replay after thrtee requests
[09:01] {cosmo} HBAN pre mkt high = 6.10 fwiw
[09:01] {Threei} reinforces my resolve to change host
[09:03] {cosmo} ....should hold 6
[09:04] {_Lisa_Jay} csiq up, eslr flat now.
[09:04] {Threei} if it were a normal stock, I'd say 12.40 break is long
[09:05] {Threei} with ESLR, I simply have no clue
[09:06] {magoo} MER getting hit vad {again}
[09:07] {dptl} good morning all
[09:07] {Threei} dp :)
[09:09] {esemde} good morning......
[09:09] {Threei} ese :)
[09:09] {dino} gm all
[09:09] {Threei} dino :)
[09:09] {dino} :)
[09:10] {Threei} looked in carbon tax plan yesterday... if Libs win election and implement it, I am moving to US
[09:10] {cosmo} careful with california 3i
[09:10] {cosmo} they might tax your exhale
[09:11] {Threei} OK.... Hawaii then
[09:11] {magoo} pennsyltuckey vad
[09:11] {dino} yes, and meanwhile other countries do as they please w/pollution
[09:12] {_Lisa_Jay} I love PA. R u closer to NJ or the other side Magoo?
[09:12] {Threei} yeah... but Canada responsible for like 1% of world pollution must kill its economy and send cost of living through the roof in order "to do right thing"
[09:13] {fernp} Good morning
[09:13] {Threei} ironically, tax plan is called "tex shiFt"
[09:13] {Threei} fern :)
[09:13] {Threei} tax shiFt
[09:14] {Threei} guess how it plays out with other parties :)
[09:14] {Threei} "you are full of shift" ot "shift happens" is repeated in parliament on hourly basis
[09:16] {dino} close to nj, lisa
[09:18] {dino} sounds like bs, leh
[09:22] {_Lisa_Jay} WU raises guidence.
[09:25] {magoo} north east corner PA lisa
[09:25] {magoo} 2 hours from ny city
[09:25] {_Lisa_Jay} Oh. I visit Horsham every month.
[09:27] {Threei} let's stay on a careful icky conservative side today
[09:28] {Threei} icky = picky
[09:28] {GeoArb} no replay.... why?
[09:28] {Threei} freudian slip?... :)
[09:28] {Threei} because host deserves to be taken out and shot Geo
[09:28] {GeoArb} why dont we just use othernet or something?
[09:29] {Threei} some functionality isn't there on free hosting
[09:29] {GeoArb} true true
[09:29] {Threei} working on finding better host
[09:29] {GeoArb} so why careful today?
[09:30] {Threei} Friday... too good of a week to spoil it... nervous market...
[09:30] {GeoArb} ok
[09:32] {Threei} watching VPHM
[09:32] {Threei} .35 - .45 range
[09:33] {Threei} with big offers at .50 - .51, not sure though
[09:33] {Threei} maybe wait for more consolidatin and try .51 if it melts
[09:33] {Threei} if stays above .40
[09:34] {Threei} how about this 50 cents selloff ESLR
[09:34] {Threei} right after .40 break
[09:35] {Threei} what a trap
[09:35] {magoo} all solars on watcch lisat red
[09:36] {Roman} 21 ROYL
[09:36] {Roman} 21 in small
[09:38] {dino} lol, cnbc two weeks ago, new rally get in, today they are gloom and doomers, get out. so buy high sell low i guess
[09:39] {dino} fwiw, watching cpla, hun, bucy, cedc
[09:39] {dino} snp, ptr
[09:41] {Roman} 21 CSIQ
[09:41] {Roman} 21 bouncer
[09:42] {dino} ioc ouch
[09:42] {Threei} JASO
[09:43] {magoo} news AAPL vad?
[09:44] {esemde} out ESLR my little 300 shs lot .30 from yesterday at 12.45 +1.15
[09:44] {Threei} nothing fresh
[09:44] {Threei} wtg ese
[09:44] {Roman} 21 long SEED
[09:44] {Roman} 21 6.95-7.00 area
[09:45] {dino} sm risky long ioc .95
[09:46] {Roman} 21 long NCOC
[09:46] {Roman} 21 9.36 stop under 9.20
[09:48] {Threei} MRVL
[09:48] {Roman} 21 NCOC looking to sell first lot over 10
[09:48] {GeoArb} mrvl
[09:48] {Threei} .56 long, .44 stop
[09:50] {cosmo} VPHM
[09:50] {Threei} so far so good
[09:51] {cosmo} testy
[09:51] {dino} ioc stop to b/e not moving
[09:52] {Threei} MRVL invalidated
[09:53] {dino} ioc stopped -.02
[09:53] {Threei} VNDA?
[09:54] {Threei} your baby Roman
[09:54] {esemde} out of commision here...questrade is down
[09:54] {Roman} 21 love it Vad
[09:54] {Threei} 6 break?
[09:55] {Threei} daily looks fantastic, I just don't know personality of this one
[09:55] {Roman} 21 yes, but can I answer this question in 10 minutes
[09:55] {Roman} 21 ?
[09:55] {Threei} sigh
[09:55] {dino} lod's
[09:55] {dino} -300 patuience? gut says so
[09:55] {_Lisa_Jay} rebooting, be right back.
[09:55] {patience} not sure dino
[09:56] {dino} bet you 1 bud light lime
[09:56] {patience} oh now we're talking
[09:56] {GeoArb} what can i say
[09:56] {GeoArb} comitted traders
[09:56] {Threei} lol
[09:57] {GeoArb} passion all around
[09:57] {dino} :)
[09:57] {Roman} 21 i'll bet against you dino
[09:57] {esemde} whats the story on VNDA
[09:57] {dino} ok
[09:58] {dino} you usually do :)
[09:58] {Roman} 21 PLLL
[09:58] {Threei} healthcare stock ese
[09:58] {esemde} news today
[09:58] {Threei} nope
[09:59] {Threei} VPHM is oblivious to market drop
[10:01] {esemde} SQNM looks exactly like ESLR on daily
[10:01] {esemde} check that...
[10:02] {esemde} was looking at 15min chart
[10:02] {judijim} good morning to you all
[10:02] {esemde} jj
[10:02] {Threei} jj :)
[10:02] {Threei} SDTH
[10:02] {Threei} - Planning to acquire Jinan Fertilizer Co., Ltd., a nitrogenous fertilizer company based in Jinan, the capital of Shandong Province.
[10:03] {Threei} VPHM invalidated
[10:03] {GeoArb} ya know
[10:04] {GeoArb} the beer is owed dino
[10:04] {Threei} ok Roman... your time is up
[10:04] {Threei} VNDA 7 or 5 today?
[10:05] {dino} de hitting march lows
[10:05] {Threei} colars disconnected from oil completely
[10:05] {Threei} solars
[10:05] {GeoArb} i have this over lay of oil on NQ
[10:06] {GeoArb} the chart looks like an open end of a scissor
[10:06] {dino} 11,620 3/08 lows dji
[10:06] {Threei} with economy in the middle Geo?
[10:06] {GeoArb} heheh
[10:06] {GeoArb} yup
[10:09] {Roman} 21 stopped NCOC
[10:09] {dino} must be short term chart geo?
[10:09] {GeoArb} oh yes
[10:09] {GeoArb} just today
[10:10] {dino} ok
[10:11] {dino} cetv
[10:15] {esemde} A
[10:15] {_Lisa_Jay} SDTH
[10:15] {esemde} APOL only stock on ndx bucking the trend
[10:16] {dino} fwlt
[10:17] {esemde} PODD how bout this recovery from days low
[10:17] {dino} sm l cpla .80
[10:17] {dino} thin
[10:19] {dino} cetv sm l .80, risky
[10:20] {Threei} PTEN tries to follow through
[10:20] {Threei} pullback to 35 - 35.05 are worth entry
[10:20] {Threei} first strength from here
[10:21] {Threei} stop .89 or .94, depending on your risk tolerance
[10:21] {dino} hun l .70 stop .37
[10:22] {Threei} invalidated
[10:22] {esemde} LULU had linit order for 1/2 qat .60 fill damn!!!
[10:22] {esemde} 1/2 lot that is
[10:23] {dino} itmn
[10:24] {esemde} another huge bounce dino like PODD
[10:26] {Threei} SDTH looks to cut through 9
[10:27] {dino} es you get podd/
[10:28] {_Lisa_Jay} Yeah...did not know where to put my risk stop as it broke through 8.70 - 8.75. So did not take trade :-(
[10:28] {Threei} why not ask
[10:28] {_Lisa_Jay} Sorry, next time i will. Thank you.
[10:28] {_Lisa_Jay} Pass me the box of tissues please.
[10:28] {GeoArb} i am thinking of asking vad about every trade after its done
[10:28] {magoo} dam SDTH
[10:29] {esemde} long ASBC .32
[10:29] {magoo} looked away pow
[10:29] {GeoArb} after all i forget... i am here to learn to fish and just not takehis calls
[10:29] {GeoArb} is that ok vad ?:)
[10:29] {Chaeron} good morning fellow fishermen :)
[10:29] {Threei} chaweron :)
[10:29] {GeoArb} hey chaeron
[10:29] {dino} thats right goe
[10:30] {Threei} sure geo, under one condition
[10:30] {magoo} charbroil:)
[10:30] {Chaeron} hey geo, Tweei
[10:30] {dino} wynnblood
[10:30] {GeoArb} ?
[10:30] {Threei} man who learned how to fish usually goes out in a boat and sits with 6 pack... so condition is - take TWO 6 packs, one for me
[10:30] {GeoArb} anytime vad
[10:31] {GeoArb} ill mail you one
[10:31] {GeoArb} as i told chaeron months ago..........
[10:31] {esemde} out ASBC...42 quick hit +.10....gotta go...have a great weekend everyone
[10:31] {Threei} take care ese, have a great one
[10:31] {GeoArb} I had to shovel a lot of shit to find this pony(room)
[10:31] {Chaeron} bye ese... nice scalp
[10:31] {GeoArb} bye ese
[10:32] {Chaeron} lol
[10:32] {Chaeron} magoo - replay not working here... any fun you're looking at?
[10:32] {Threei} chaeron is crouping today... tWeei?
[10:32] {GeoArb} i thought that was a cute lisp
[10:33] {Chaeron} [07:28] {Threei} chaweron :)
[10:33] {Threei} oh
[10:33] {Threei} rolf
[10:33] {Threei} or rofl
[10:33] {GeoArb} lol
[10:33] {Chaeron} :)
[10:33] {Threei} good comeback then :)
[10:34] {Chaeron} thanks... now what's shakin? I don't see much... Must be Friday
[10:34] {GeoArb} yeah quad witch friday
[10:34] {Threei} nothing wortg chasing
[10:34] {Threei} and what Geo said
[10:35] {Threei} oil up, Fri, quad witching
[10:35] {dino} out cetv hit my stop somehow, +.56
[10:35] {Threei} enough reasons to stay very picky
[10:35] {GeoArb} nice
[10:35] {Threei} beauty dino
[10:35] {dino} ty, but look now, f'job
[10:36] {Threei} wither VNDA breaks .20 from here or I am out if .15 is broken down
[10:36] {Threei} either that was
[10:36] {dino} that should not have happened, i was way below
[10:36] {GeoArb} does your stop trigger on inside or any print dino?
[10:37] {Threei} what price wasd your stop at?
[10:37] {dino} any
[10:37] {dino} .42
[10:37] {GeoArb} do you have a choice?
[10:37] {dino} doesn't matter, just made me mad
[10:38] {dino} here's the problem, geo, 80% of time its' better to get taken out
[10:38] {Threei} that's disgusting stop run
[10:38] {dino} imo of course
[10:39] {dino} back down now, lets watch it
[10:39] {dino} see now under me
[10:39] {_Lisa_Jay} Why Dino?
[10:39] {dino} jumpy little thing
[10:39] {dino} out cpla .20, +.40
[10:40] {dino} jesse livermore said it best lisa, if you want out, get out
[10:40] {Threei} out VNDA
[10:40] {_Lisa_Jay} Thank you Dino.
[10:40] {dino} ok, watching bucy, cetv, wynn cpla
[10:41] {magoo} out VNDA too .12 TY
[10:41] {dino} in other words get out when you can, not when you must
[10:42] {_Lisa_Jay} Your other quote " Profits are slipperty. Take them fast." Another one stuck in my head.
[10:42] {dino} profits=luck, losses=skill
[10:43] {GeoArb} i must be very skilled :)
[10:43] {dino} lol
[10:43] {Threei} lol
[10:46] {dino} bucy sm l .80
[10:47] {Threei} ugh... VNDA continues
[10:50] {dino} asmi
[10:54] {dino} cetv l sm .20
[10:58] {_Lisa_Jay} ESLR?
[10:59] {dino} sohu
[11:01] {Threei} I have no idea how to read this stock Lisa
[11:01] {Threei} it's a mystery wrapped in enigma and covered with puzzle
[11:03] {dino} and sprinkled w/salt
[11:06] {_Lisa_Jay} Yes. Very jerky movements.
[11:06] {dino} cetv stop to .65
[11:07] {dino} out +.43
[11:07] {dino} .42
[11:08] {dino} bucy stop to .30
[11:08] {dino} to .40
[11:09] {kazaam} how does GMXR look if it breaks up?
[11:09] {dino} lol, forgot about wynn order at 97.60, guess i can kill that
[11:09] {dino} 87 that was
[11:10] {dino} bucy stopped at .50, +.70
[11:11] {magoo} dino kickin ass
[11:12] {dino} lucky
[11:12] {GeoArb} if he says skilled
[11:12] {GeoArb} means he is loosing
[11:12] {dino} :)
[11:13] {Threei} I hjate the way it trades kaz
[11:13] {Threei} hate
[11:14] {dino} cetv drops again
[11:14] {Threei} disgusting spread, drop 60 cents in one swoop
[11:14] {Threei} very unsafe stock
[11:15] {dino} adjust size
[11:15] {dino} bruce would say it'
[11:15] {dino} s going for double bottom
[11:17] {magoo} vad..what level in naz would trigger buying?
[11:18] {GeoArb} dino dcc pls
[11:18] {Threei} with multiple witching today, no such thing magoo
[11:19] {Threei} technicals are useless on such day
[11:19] {magoo} really.....ok
[11:21] {magoo} aapl long here .33
[11:21] {magoo} sorry fsast..risky..lookinbg for powerup
[11:24] {magoo} lay out 178.08
[11:25] {dino} cedc l sm .10
[11:26] {dino} was distracted
[11:33] {magoo} aapl gonna do it
[11:37] {dino} hun dead, tighten to .49
06[11:37] * Threei slaps laserdave1 around a bit with a large trout
[11:37] {kazaam} what size spread is too much? 10cent or more? of 5 cent or more?
06[11:38] * Chaeron slaps laserdave1 around a bit with a large trout
[11:38] {Threei} depends on one's risk tolerance
06[11:38] * magoo slaps laserdave1 around a bit with a large trout
[11:38] {Threei} I start cutting size down drastically when it's 10 cents and more
[11:39] {kazaam} oh i see, you size depending on spread as spread determine risk?
[11:39] {Threei} correct
[11:39] {Threei} plus other factors adding to risk evaluation
[11:39] {kazaam} does a higher spread usually indicate volitility or choppy behaviour?
[11:39] {Threei} sizes shown on Level 2, gap between levels
[11:39] {Threei} yes
[11:40] {Threei} thin stocks tend to be more volatile
[11:40] {GeoArb} ahh oil woes.... [F] Ford Motor Co Delaying launch of redesigned F-150 truck, citing slump in truck market, looks to increase car production
[11:40] {Threei} you have scalping course, right?
[11:40] {Threei} it's described in printed part
[11:40] {Threei} in MPP too if I remember correct
[11:40] {kazaam} yeah, i have been watching it, oh, havent been through all the written stuff
[11:41] {kazaam} will get to it this weekend
[11:41] {Threei} hey, you are supposed to read the manual! {G}
[11:41] {GeoArb} why
[11:41] {GeoArb} we have you
[11:41] {Threei} 'cause when I retire...
[11:41] {GeoArb} youre too young vad
[11:41] {GeoArb} (talk about sweettalking)
[11:42] {Threei} not if you consider each year in USSR counting for 3
[11:42] {GeoArb} hey there is a great article in WSJ
[11:42] {Threei} also, I am not sure whether I am going to come out of Alaska cruise alive
[11:42] {GeoArb} about how russian billionaires have climed the top layer of society in London
[11:42] {GeoArb} i was thinking i bet vad's sad he moved
[11:43] {Threei} my wife asks an agent a lot of questions about orcas swimming around and how easy it is to trip and fall in the water and whether there are a lot of people usually watching
[11:43] {GeoArb} lol
[11:43] {magoo} theres 08
[11:43] {Threei} not really Geo
[11:44] {Threei} to get there you need to step over more bodies than I can stomach
[11:44] {GeoArb} true
[11:44] {Threei} and I mean literally
[11:44] {GeoArb} yup
[11:45] {dino} the whate thing was cool vad, sign up for it, also helicopter to glacier
[11:45] {Threei} whale, no sure
[11:45] {GeoArb} any glaciers left?
[11:45] {dino} cedc stop to .49
[11:45] {Threei} had enough of that in Hawaii, and we have them here, sometimes can see right from the shore
[11:46] {Threei} I actually saw one from my crabbing dock
[11:46] {dino} ok then, hit some local pubs instead
[11:46] {Threei} hehe
[11:46] {dino} glaciers left, sure lots, just getting smaller
[11:46] {GeoArb} they are all melted and down in IOWA
[11:46] {GeoArb} why cant i get some water
[11:46] {Threei} yeah, and there is none left in Florida I heard
[11:46] {GeoArb} was 107 here yesterday
[11:47] {Chaeron} dont get me going on global warming...... ug
[11:47] {dino} you in fl geo?
[11:47] {Threei} fear not chaeron, Canada will save the world by taxing us for carbon emissions
[11:47] {GeoArb} comeone chaeron youre oon a nice breezy neighbourhood
[11:47] {GeoArb} nope los angeles
[11:47] {GeoArb} SF valley
[11:47] {dino} ahh
[11:48] {GeoArb} prob 50 miles from chaeron
[11:48] {Chaeron} OC Geo... looking at catalina as I type
[11:48] {dino} out cedc ave .50, +.40
[11:48] {GeoArb} thanks for that chaeron
[11:48] {Chaeron} sure
[11:48] {GeoArb} :)
[11:48] {Chaeron} it's 77 here too... make you feel better?
[11:49] {GeoArb} thats just wrong.....
[11:49] {GeoArb} its 99 here right now !
[11:49] {Chaeron} yeah... I know
[11:49] {GeoArb} dont worry chaeron
[11:49] {GeoArb} with global warming in 50 years.... ill be beach fonrt
[11:50] {Chaeron} don't use the airconditioner most summers... just open the window... I think I've used it maybe 10 times in 15 years..... hmmm
[11:51] {Chaeron} Geo - don't tell me you're a believer.......
[11:51] {GeoArb} i believe climate changes..... dont know about reasons
[11:51] {GeoArb} its basic cycles
[11:52] {dino} cycles agree
[11:52] {GeoArb} reasons could be anything
[11:52] {Chaeron} oh yes.. totally agree on cycles
[11:57] {Threei} VNDAS, what a powerful move after 6 break
[11:57] {Threei} VNDA
[12:01] {_Lisa_Jay} SDTH, i could just week.
[12:02] {magoo} that was the one SDTH
[12:02] {_Lisa_Jay} weep.
[12:03] {dptl} ceco?
[12:07] {GeoArb} off to work... slow day have a grat weekend
[12:07] {Threei} you too Geo
[12:07] {magoo} u 2 geo:)
[12:07] {Threei} hard to tell dp
[12:07] {Threei} went up a bit too much already
[12:07] {Roman} 21 NCOC going now
[12:11] {dptl} ok ty
[12:28] {dino} cetv approaches lod
[12:33] {_Lisa_Jay} Dino if you have a few minutes, can i bug you with a question about stops. Thanks.
[12:36] {kazaam} disgusting chop going on
[12:36] {Threei} yeah... just as we forecasted in the mroning
[12:36] {Threei} what's with TELK?
[12:36] {Threei} no news that I see
[12:36] {Threei} look at the volume
[12:38] {Chaeron} ncoc
[12:47] {dino} sure lisa
[12:48] {_Lisa_Jay} When do you start trailing or tigting your stops. I have been having trouble managing my positions. Thanks.
[12:50] {dino} depends, when stock gets up .50 i trail to .40, tougher stocks, i trail to b/e fast. markets are strange lately. and sometimes, things just feel "off", so tighten
[12:51] {_Lisa_Jay} Ok, thank you.
[12:56] {dino} mblx
[12:56] {Threei} - Promises to offer more information about the production increase in the next day or two.
[12:56] {Threei} - reminder: A lower level Saudi embassy official gave a similar confirmation yesterday. The Jeddah meeting between oil producer and consumer nations will be held on Sunday
[12:58] {Threei} OK guys, time for me to go to airport
[12:58] {Threei} be safe
[12:59] {Threei} help each other to find something good on Monday
[12:59] {Threei} I'll be back on Tuesday, with my trout unholstered
[12:59] {_Lisa_Jay} Thanks Vad. Hav fun.
[12:59] {dino} take care 3i
[13:00] {magoo} take care vad
[13:00] {Roman} 21 bye
[13:00] {dptl} you flying somewhere?
06[13:00] * Threei slaps dptl around a bit with a large trout
[13:00] {dptl} :)
[13:00] {Threei} thank you dp for this opportunity, it's a great way for me to end the week
[13:00] {dptl} lol
[13:00] {Threei} take care all :)

Thursday, June 19, 2008

Jun 19 2008

Session Time: Thu Jun 19 00:00:00 2008
[08:03] {Threei} 06/17/08 05:58pm [ESLR] Stanford Group Analyst Initiates ESLR with Buy
[08:03] {Threei} 06/18/08 04:54pm
[08:03] {Threei} [ESLR] Evergreen Solar Inc Signs two new sales contracts for a total of $600M
[08:03] {Threei} - These contracts extend through 2012 and bring the company's total contractual backlog to approximately $1.7B.
[08:03] {Threei} - The contracts are with US-based groSolar and German-based Wagner & Co Solartechnik GmbH.
[08:03] {Threei} - These two contracts plus two others previously announced contracts represent approximately 65% of the expected 160MW of annual production capacity at Devens through 2013.
[08:04] {Threei} 08:00am [ESLR] Introduces New ES-A Series String Ribbon (TM) Solar Panels at InterSolar 2008 in Munich, Germany
[08:04] {_Lisa_Jay} Good morning Vad, dptl, hawkfan4, jmb.
[08:05] {Threei} Good morning lisa
[08:05] {Threei} don't have ESLR quotes yet... anyone see it trading?
[08:05] {hawkfan4} gm all, trading 11.57, up 1.34
[08:06] {Threei} ty hawk
[08:06] {hawkfan4} np
[08:06] {Threei} 12 is huge resistance for it
[08:07] {Threei} if it ever breaks it, not much to keep it down
[08:07] {Threei} the only problem is, this stock is notorious for not holding gains
[08:08] {Threei} - This new line of 200, 205 and 210 W solar panels features the most powerful products Evergreen Solar has produced. And with a -0, +5W specification, the ES-A Series also provides the best power tolerance currently available in the industry.
[08:08] {Threei} - The carbon footprint of these panels is up to 50% smaller than that of its competitors'. These solar panels also have the quickest energy payback, now as fast as 12 months for installed panels.
[08:08] {hawkfan4} yep, but it sure does look good over 12
[08:09] {Threei} I don't know if today is the day... there are a lot of sellers in this one. But if it finally does break, we have a runner on our hands I believe
[08:10] {Threei} Short Percent of Float 23.54 %
[08:10] {Threei} not bad
[08:13] {Threei} you can tell I am intrigued :)
[08:13] {hawkfan4} i could have used this news yesterday, had big size from 10.09, sold 10.40
[08:13] {Threei} it came after hours
[08:15] {Threei} - Expectations for initial claims are 375K v prior release of 384K.
[08:15] {Threei} - Continuing claims seen at 3.135M v prior 3.139M.
[08:23] {Threei} ROYL is another hero candidate
[08:25] {Threei} andf if it moves, OMNI is sector sympathy play
[08:26] {hawkfan4} yep, just put omni on the screen
[08:27] {Threei} there is some contradiction though between these two candidates
[08:28] {Threei} ESLR is likely to move when oil is strong, while ROYL needs oil weakening
[08:29] {Threei} there are some signs of solar sector starting to disconnect from oil lately... but it hasn't shaped up enough yet
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 381K V 375KE; CONTINUING CLAIMS: 3.06M V 3.135ME
[08:30] {Threei} - Prior Initial Jobless Claims revised from 384K to 386K
[08:30] {Threei} - Prior Continuing Claims revised from 3.139M to 3.136M
[08:39] {Threei} some enthusiasm ESLR
[08:40] {Threei} yesterday after hours it topped around 11.80 - .85
[08:44] {Threei} would love to see .50 holding, .65 broken...
[08:44] {Threei} that would lay a good foundation for a squeeze,
[08:45] {Threei} then 12 break should put it in category of Oh Wow
[08:45] {hawkfan4} got some .53 avg, also have JASO small from 21.11, grabbed it in after hours . SOLF was really strong yesterday too
[08:46] {Threei} overall, this sector serves us well from last fall
[08:47] {Threei} if we are confessing... took .50 :)
[08:47] {hawkfan4} seriously, i keep thinking i'm going to have to move on, but they are pretty darn reliable
[08:47] {hawkfan4} :)
[08:47] {Threei} as long as momentum is there... milk it :)
[08:48] {Threei} beating myself for not taking SATC at 3 yesterday
[08:48] {Threei} really didn't want to commit to swing trade... but chart was so darn perfect
[08:49] {hawkfan4} i passed too, was thinking closer to 2.80, the 20 sma. looked like it wanted to get there
[08:51] {Threei} up 28 cents
[08:51] {Threei} would have been 3-5K candidate
[08:51] {Threei} sigh
[08:51] {Threei} 32 cents
[08:52] {hawkfan4} i had 3k ESLR yesterday. sigh
[08:54] {Threei} ROYL is trading above 52 week high
[08:57] {fernp} Good morning
[08:57] {Threei} fern :)
[08:57] {Threei} replay isn't working still?
[08:58] {fernp} no
[08:58] {Threei} will contact them again after market...
[08:58] {Threei} we are watching ESLR and ROYL
[08:59] {Threei} really want to see .50 holding
[09:00] {fernp} After Hours: ESLR +14.5% (signs two new sales contracts totaling ~$600 mln);
[09:00] {Threei} yup
[09:00] {Threei} and upgrade, adn unveiled new solar panels
[09:00] {Threei} more effective than old ones
[09:01] {Threei} oil jumping up
[09:01] {Threei} (again)
[09:01] {hawkfan4} yep
[09:01] {Threei} let's see some sizeable buys ESLR... I miss good old relentless short squeeze
[09:03] {hawkfan4} i second that emotion
[09:05] {Threei} always hated this viscosity in ESLR
[09:05] {Threei} as if there was an elastic band on its waist, tied to some pole behind it
[09:06] {cosmo} in a bad dream...
[09:07] {Threei} my bad dreams usually involve pulling shark teeth for some reason
[09:07] {Threei} but yeah
[09:07] {GeoArb} gm
[09:07] {Threei} Geo :)
[09:08] {cosmo} hmm ... a wanna be vetinarian?
[09:08] {Threei} last thing on my mind...
[09:08] {Threei} IVAN on the move again
[09:10] {cosmo} ESLR needs to hold 11.30 ..should hold 11.40 imho
[09:10] {Threei} true
[09:10] {Threei} I would prefer it to hold .50 though
[09:10] {_Lisa_Jay} tra
[09:11] {_Lisa_Jay} sorry wrong screen.
[09:13] {Threei} take that .65 ESLR
[09:13] {Threei} will I hate to beg for each cent or what
[09:13] {Threei} have
[09:15] {dino} gm all
[09:15] {magoo} lksd,hsrlkifhlfhlkghsrkfhek : )
[09:15] {Threei} dino, magoo :)
[09:16] {Threei} [08:58] {Threei} we are watching ESLR and ROYL
[09:17] {magoo} u take anything premkt?
[09:18] {cosmo} coffee
[09:18] {Threei} ESLR
[09:18] {cosmo} ah..yea
[09:18] {Threei} .50
[09:18] {Threei} stop under .30
[09:18] {magoo} ok
[09:18] {Threei} if squezes, planning to dump half somewhere .80- .90, and hol,d half for break of 12 and real run
[09:19] {cosmo} someday solars as a group will have an open break
[09:20] {magoo} u holding it into open?
[09:21] {cosmo} .44 and .39 stops
[09:21] {Threei} unless it reaches my target before that :)
06[09:22] * Threei points to 11.61 offer and tells ESLR "there boy, there, go get it!"
[09:22] {Threei} good boy
[09:22] {Threei} can you believe I never had a dog?
[09:26] {cosmo} gee... that's lucky...
[09:28] {peterg} hello!?
[09:28] {Threei} hi peter
[09:28] {Threei} ESLR on radar
[09:28] {peterg} k
[09:30] {magoo} ESLR news vad?
[09:30] {Threei} new contracts, new products, upgrade
[09:31] {Threei} .50 break long if holding above .35
[09:32] {Threei} oil drop holding it back I suppose
[09:32] {Threei} should break
[09:33] {magoo} in .50
[09:34] {Threei} ABAY again
[09:34] {Threei} ABAT
[09:34] {cosmo} ESLR needs to hold 11.30 ..should hold 11.40 imho
[09:34] {esemde} morning...late but morning
[09:34] {Threei} ese :)
[09:34] {dino} news bphx?
[09:34] {Threei} not good ESLR
[09:34] {cosmo} not today...
[09:34] {dino} ty
[09:35] {fernp} stopped
[09:35] {peterg} out for now
[09:35] {peterg} abat
[09:35] {magoo} stopped
[09:36] {dino} sm l bphx .99, wide
[09:37] {esemde} nice jump
[09:38] {esemde} another 600mil contract
[09:38] {Threei} [09:30] {Threei} new contracts, new products, upgrade
[09:38] {Threei} tough to find right entry on it
[09:40] {magoo} right now entire solar sector not performing
[09:40] {Threei} because of sharp drop in oil
[09:40] {Roman} 21 COIN
[09:41] {Roman} 21 in small
[09:41] {Roman} 21 7.50 area bidding some more
[09:41] {Roman} 21 NCOC continues
[09:44] {dino} bphx stopped
[09:46] {magoo} man..RIMM totally disconnected from naz here
[09:47] {Threei} ROYL doesn't look inspiring
[09:47] {Threei} who is up to second try on ESLR, .31 long if stays above .20
[09:47] {pita} gm all
[09:47] {Threei} pita :)
[09:47] {magoo} i am
[09:47] {dino} oil dropping fwiw
[09:47] {magoo} revenge
[09:48] {Threei} too bad you missed yesterday pita
[09:48] {Threei} that was pure "can do no wrong"
[09:49] {pita} just my luck
[09:49] {Threei} even Chaeron had Midas touch
[09:50] {Threei} and considering that he is known as plays killer, that tells you something {G}
[09:50] {pita} eslr good here?
[09:50] {Threei} yeah
[09:50] {Threei} stop is tight enough
[09:51] {esemde} I think i'm going to a small at .31 ESLR
[09:51] {pita} in .31
[09:51] {Threei} hard to believe it's not ready to squeeze yet
[09:51] {esemde} check screen just died
[09:51] {pita} stop?
[09:51] {Threei} news don't get better than that
[09:51] {Threei} chart's nice
[09:51] {Threei} short interest is over 20%
[09:52] {Threei} tempting barrier at 12 is just ahead12
[09:52] {Threei} what else does this thing need
[09:52] {esemde} Ok back on that ESLR Vad
[09:52] {Threei} yes sir
[09:52] {esemde} short interest 20%
[09:52] {Threei} it always traded viscously... but some day it should change its ways
[09:53] {peterg} vicious or viscous?
[09:53] {peterg} the one is mean, thje other gooey
[09:53] {Threei} viscous
[09:53] {peterg} gooey
[09:53] {Threei} [09:05] {Threei} always hated this viscosity in ESLR
[09:53] {Threei} [09:05] {Threei} as if there was an elastic band on its waist, tied to some pole behind it
[09:53] {peterg} sticky
[09:53] {esemde} leslr .30
[09:54] {esemde} thats long
[09:54] {Threei} PTEN
[09:54] {Threei} .50 break half lot long
[09:55] {Threei} if holding above .30
[09:55] {Threei} jeez
[09:55] {Threei} look at ROYL
[09:55] {Threei} thing just waited for me to stop watching it
[09:55] {dino} smts l .45
[09:56] {Threei} here is deal with PTEN
[09:56] {Threei} I call for half lot because it's not very safe stock,
[09:56] {Threei} but at the same time it has potential for more that scalp
[09:56] {Threei} so, if you are fine with this stop on full size, I'd suggest taking full lot,
[09:56] {Threei} scalping half,
[09:57] {Threei} and leaving other half for something like closer to 35
[09:57] {Threei} see this sharp tail on red bar?
[09:57] {Threei} this is what I mean by "not very safe"
[09:57] {_Lisa_Jay} eco data out at 10
[09:58] {esemde} looking at the ESLR Chart....that short interest may kick in seriously after 12 Vad...breakout of 3 month resistance would probably scare the crap out of them
[09:58] {Threei} - Note the bill was speculated to place certain trading limits on speculation, may aim to close certain abilities for bilateral swaps
[09:58] {Threei} exactly ese
[09:58] {esemde} 12 looks key to me
[09:58] {GeoArb} where do I look for short interest?
[09:59] {judijim} good morning all
[09:59] {Threei} [08:06] {Threei} 12 is huge resistance for it
[09:59] {Threei} [08:07] {Threei} if it ever breaks it, not much to keep it down
[09:59] {Threei} [08:07] {Threei} the only problem is, this stock is notorious for not holding gains
[09:59] {esemde} would probably run to about 14/15 i think
[09:59] {Threei} [08:09] {Threei} I don't know if today is the day... there are a lot of sellers in this one. But if it finally does break, we have a runner on our hands I believe
[09:59] {Threei} [08:10] {Threei} Short Percent of Float 23.54 %
[09:59] {Threei} jj :)
[10:00] {GeoArb} its on your platform vad?
[10:00] {esemde} yes i see what you mean with the may 22nd gap up
[10:00] {Threei} MAY LEADING INDICATORS: 0.1% V 0.0%E
[10:00] {Threei} just a sec geo
[10:00] {Threei} JUNE PHILADELPHIA INDEX: -17.1 V -10.0E
[10:01] {Threei}
[10:01] {GeoArb} ty
[10:02] {pita} stop eslr?
[10:02] {Threei} stopped
[10:02] {patience} vad, Largo Resources, LGO, on Vancouver exchange, look at chart today
[10:03] {Threei} [09:47] {Threei} who is up to second try on ESLR, .31 long if stays above .20
[10:03] {esemde} i'm still in with small lot ...i think this is worth holding onto
[10:03] {esemde} will consider adding more at some point
[10:04] {pita} misread
[10:04] {Threei} I guess not today
[10:05] {Roman} 21 stopped COIN
[10:05] {Roman} 21 -.24
[10:06] {Threei} keep stops tight guys, we had it too easy last few days
[10:07] {Threei} payback sooner or later comes inevitably, trader's job is keep damage to minimum
[10:08] {esemde} hmmm just noticed...ESLR has triple bottom.....very strong indicator for a swing long
[10:08] {dino} hun l .39
[10:09] {peterg} ROYL now?
[10:09] {Threei} can't read it
[10:11] {magoo} ah.RIMM reconnects to naz
[10:11] {magoo} but stronger
[10:14] {Threei} CSIQ, small shares long either on next dump under .50
[10:14] {Threei} or on 49 break if holding .75
[10:15] {Chaeron} Good morning all
[10:15] {Threei} chaeron :)
[10:16] {Chaeron} was going to ask SQNM short under .75
[10:16] {magoo} chaerbroil:)
[10:17] {Chaeron} hey mags, ese:)
[10:17] {Threei} not sure SQNM
[10:17] {Chaeron} thanks Threei, good morning to you
[10:19] {Threei} maybe it's time to abandon solar sector for a while
[10:20] {Threei} all ideas that worked flawlessly in it over last days and weeks seem tired
[10:20] {peterg} just when I went long....
[10:20] {Threei} just no same oomh that pushed them all for us
[10:20] {magoo} all down vad..fslr,csun.solf jaso
[10:21] {Threei} look at USO spiking
[10:21] {magoo} meaning?
[10:21] {Threei} solars should follow
[10:21] {Threei} yet CSIQ following is fibble
[10:22] {Threei} SOLF is almost dead
[10:22] {Threei} JASO is dead without almost
[10:22] {magoo} is PTEN solar}?
[10:22] {peterg} go CSIQ
[10:22] {Threei} energy but not solar
[10:23] {magoo} oil?
[10:24] {dino} de sm l .60
[10:24] {magoo} took CSIQ .96 btw
[10:24] {Threei} provides onshore contract drilling services to exploration and production companies in North America. The Company has approximately 350 currently marketable land-based drilling rigs that operate primarily in oil and natural gas producing regions
[10:24] {magoo} .95 actually
[10:24] {peterg} go magoo
[10:24] {magoo} ah..ty..big demand there
[10:26] {Threei} I want them off the island
[10:27] {magoo} took PTEN off .43 btw
[10:27] {Threei} don't oversit CSIQ
[10:27] {magoo} lil aggressive entries
[10:27] {pita} will eslr follow?
[10:27] {magoo} ESLR blows
[10:27] {Threei} I'd leave it alone
[10:27] {magoo} CSIQ could rock
[10:27] {pita} been painful so far
[10:28] {Threei} PTEN looks good
[10:28] {magoo} indeed pten
[10:28] {Threei} you took full l,ot mags? or half?
[10:28] {peterg} out CSIQ + .66
[10:28] {Threei} wtg peter
[10:29] {dino} gj
[10:29] {peterg} greed sez go back for more but ill wait
[10:29] {magoo} half..i haven't played full lots in a month
[10:29] {magoo} to volatile
[10:29] {Threei} wait... let it come to you
[10:29] {Threei} OK... just wanted to remind that if full lot, dump half
[10:29] {Threei} 'cause you do tend to forget to sell {G}
[10:30] {magoo} waiting .90 CSIQ
[10:30] {peterg} hat off to you if you make it
[10:31] {magoo} take hat off..OUT
[10:31] {magoo} + .96
06[10:32] * Threei slaps magoo around a bit with a large trout
[10:32] {peterg} wtg magoo
[10:32] {peterg} waving my stetson at you
[10:32] {Threei} just in time
[10:32] {Threei} look at it diving
[10:32] {Chaeron} gj magoo
[10:32] {dino} gj
[10:33] {magoo} i think laser was only .90 fill there lol
[10:35] {dino} out hun .20 +.81
[10:36] {Chaeron} nice one dino
[10:36] {dino} ty
[10:36] {magoo} wow ..dino is back with vengance
[10:36] {hawkfan4} nice dino
[10:36] {dino} ty
[10:38] {Threei} good one
[10:38] {Threei} scary too
[10:40] {Threei} sheesh ESLR
[10:41] {Threei} disgusting display of unreadability
[10:41] {cosmo} ..just like clockwork
[10:42] {GeoArb} uso has been consolidating on highs last couple of days
[10:43] {Threei} yeah... scary
[10:43] {GeoArb} oil going to break highs?
[10:43] {GeoArb} and market? :)
[10:43] {Threei} I am afraid so
[10:43] {magoo} out PTEN dime
[10:43] {GeoArb} well I am going to put my shorting shorts on
[10:43] {GeoArb} :)
[10:44] {_Lisa_Jay} ENT
[10:45] {peterg} Ear Nose and Throat
[10:46] {peterg} Sorry
[10:46] {Threei} lol
[10:46] {Threei} PEGA?
[10:46] {Threei} no news that I see
[10:47] {GeoArb} declares 0.03 dividend
[10:48] {Roman} 21 CHNR
[10:49] {Roman} 21 moving on the china news
[10:50] {Roman} 21 China Government says jet kerosene prices to increase by 25% - DJ
[10:50] {Roman} 21 CTDC on radar
[10:53] {Roman} 21 long CPSL
[10:53] {dino} ipi sm l .75
[10:53] {Roman} 21 5.20 1/2 size, stop 5.04\
[10:56] {magoo} just got off phone w/PTEN..nasty b*stard
[10:56] {Threei} PTEN reached 35
[10:56] {Threei} and ESLR, I don't even have words to describe its behavior
[10:57] {Roman} 21 long VNDA
[10:57] {Roman} 21 5.52 area
[10:58] {Roman} 21 long CSUN
[10:58] {Roman} 21 small 11.92 area
[10:59] {Roman} 21 cpsl
[11:02] {magoo} CSIQ should go green..not in
[11:03] {Roman} 21 CHNR thin one
[11:04] {Roman} 21 would not be surprised if goes to $24 today
[11:04] {dino} out ipi .15 +.40
[11:04] {dino} out de .20, +.6-
[11:04] {dino} +.60
[11:05] {Threei} wtg
[11:05] {Threei} beautiful hitting rate
[11:05] {Threei} I am cold as cucumber today
[11:05] {dino} just lucky
[11:05] {Roman} 21 CPSL looking for $5.6
[11:09] {Threei} ZION
[11:09] {esemde} Ok I'mm otta here everyone...gving 2 exams...still long ESLR...much different looking bar than the may 22nd gap up
[11:09] {Threei} .83 short
[11:09] {Threei} if stays under 31
[11:10] {Threei} take care ese :)
[11:10] {esemde} see ya vad have a great fday
[11:10] {Chaeron} bye ese
[11:10] {Roman} 21 C Citigroup on corporate call says they could face another credit value adjustment similar to last qtr from monoline exposure (20.11 -0.29) -Update-
[11:10] {Threei} I am scared even to think what he meant by fday
[11:10] {Chaeron} heheh
[11:10] {hawkfan4} lol
[11:11] {hawkfan4} C
[11:12] {hawkfan4} 11:09 C Citigroup on corporate call says they could face another credit value adjustment similar to last qtr from monoline exposure (20.11 -0.29) -Update
[11:15] {Threei} valid again ZION
[11:21] {magoo} u finally gonna get one right vad?
[11:21] {magoo} as i run dfor nearest rock to hide
[11:21] {Threei} run faster
[11:21] {_Lisa_Jay} Trout Magoo?
06[11:22] * Threei slaps magoo around a bit with a large trout
[11:22] {Chaeron} I 'm already behind this one... find another magoo
[11:22] {GeoArb} i thought today was opposited day
[11:22] {GeoArb} i made money on all of them
[11:22] {Threei} lol
[11:22] {Threei} good job then
[11:22] {dino} c going to 15 then\
[11:22] {magoo} :)
[11:23] {Threei} not sure why you are smiling magoo... didn't you see chaeron suggesting that we find another magoo??
[11:23] {magoo} tricky morning...vad always bounces back
[11:23] {magoo} i thought he meant magoo find another rock
[11:23] {GeoArb} (picturing vad bouncing)
[11:24] {Chaeron} hmmmmm
[11:24] {Chaeron} or did I...?
[11:24] {dino} sm l .60 bucy
[11:24] {Threei} I know... but I deliberately elected different interpretation :)
[11:24] {magoo} on a tramoline in skivvies
[11:24] {Threei} careful Geo... that image may burn one's retina :)
[11:25] {Chaeron} you guys mind? I'm trying to have my oatmeal here...........
[11:25] {GeoArb} lol
[11:25] {Threei} lol
[11:25] {Threei} oh and btw... what do you mean "get one right"? what about PTEN and CSIQ?
[11:25] {GeoArb} those were observations (runing fast....)
[11:26] {Threei} sigh... can't win, can I
[11:26] {Threei} eevn asigned target to PTEN which I seldom do
[11:26] {_Lisa_Jay} ZION working now.
[11:26] {Threei} and ZION makes new low
[11:28] {GeoArb} i have been scaling in these days.....i like it
[11:28] {dino} smts stopped -.15]
[11:30] {Threei} over 1:1 now
06[11:30] * Threei slaps magoo around a bit with a large trout
06[11:30] * Threei slaps GeoArb around a bit with a large trout
[11:31] {GeoArb} (accepts it humbly)
[11:31] {Threei} you better... I had another one prepared in case you wouldn't
[11:31] {magoo} didn't take zion..thought u were off today lol
[11:31] {GeoArb} i saw in chat logs you were looking for me with a trout at EOD?
[11:31] {GeoArb} lololol
[11:31] {Threei} yes
[11:32] {Threei} I wasn't completely sure why
[11:32] {Threei} but thankfully, today you helped me rationalize that desire :)
[11:32] {Threei} ESLR - I need a tissue
[11:35] {magoo} man..pass the box over vbad
[11:36] {Threei} I can't believe it fooled me like this
[11:37] {Threei} and USO dropped
[11:37] {Threei} whatever... world is not right
[11:38] {Chaeron} sigh
[11:43] {Chaeron} first Threei says that and then I read this:
[11:44] {dino} ipi fast fall
[11:45] {dino} sm l .24
[11:57] {Threei} so... ready to try this slime for 12 break?
[11:59] {hawkfan4} still in from .30 {ducks}
[11:59] {Threei} so is ese
[12:03] {Threei} I am out 2/3 here
[12:03] {Threei} 1/3 with stop .85
[12:04] {pita} later all
[12:04] {Threei} take care pita
[12:04] {hawkfan4} 1/2 out +1
[12:04] {Threei} wtg
[12:05] {hawkfan4} took a couple stops before i got it
[12:05] {dino} gj
[12:05] {dino} magoo said you were hot yesterday
[12:06] {hawkfan4} thx. yep, best day of the year by a bunch
[12:06] {dino} super
[12:09] {magoo} if IF ESLR prints 13 today i cut my wrists with a banana
[12:09] {Threei} and I'll eat my keyboard
[12:17] {dino} bucy stop to .99
[12:17] {Threei} trailing to .95
[12:18] {hawkfan4} starting to feel wrong that i'm rooting for oil to rally
[12:18] {Threei} hehe
[12:18] {Threei} the depth of pullback on this thing can be frightening... if it loses 12 I'll just dump it and let it be
[12:19] {dino} out .00, +.40
[12:23] {hawkfan4} out .06
[12:25] {Threei} even though I am positive for the day, I can't get rid of feeling that I am trading like a caw in ice today :)
[12:25] {Threei} cow on ice
[12:25] {GeoArb} thank you
[12:25] {GeoArb} i was thinking caw must be a canadian specie
[12:26] {Threei} no but my typing is
[12:26] {_Lisa_Jay} My trading is like that. Must be contageous.
[12:26] {Threei} lol
[12:26] {Chaeron} I thought it was a reference to Raven
[12:27] {GeoArb} lol
[12:27] {Threei} Raven vehemently denies having any links to caws
[12:28] {magoo} is a crow and raven same bird?seriously
[12:28] {Threei} not by raven
[12:31] {Raven} 3 sheesh
[12:32] {_Lisa_Jay} Sorry, got kicked out and had to reboot.
[12:33] {Chaeron} dang Vad, kicking a trialer? not good for PR
[12:35] {_Lisa_Jay} :-) No my trading platform did not like being associated with a cow (me).
[12:35] {Threei} I am not good at marketing
[12:41] {Threei} who would expect tech stock to make new 52 week highs in this climate
[12:41] {Threei} QCOM
[12:43] {magoo} i would suspect csiq has a bounce in it somewhere
[12:43] {fernp} out PAET +.09 i like this kind of easy scalp :)
[12:44] {Threei} nice setup fern
[12:44] {Threei} clean and easy
[12:44] {fernp} TY
[12:44] {Threei} - If offered, such liquidity should be limited and focused on systemic risk.
[12:44] {Threei} - Must ensure that any new regulatory authority does not undermine market discipline.
[12:44] {magoo} raven, are they same species?
[12:45] {GeoArb} all ravens are crows
[12:45] {GeoArb} but all crows arent racens
[12:45] {GeoArb} ravens
[12:47] {Threei} for give them Raven, for they know not what they are saying
[12:48] {magoo} for give?
[12:48] {Threei} sigh
[12:48] {Threei} I mean, si gh
[12:48] {hawkfan4} l ol
[12:56] {Raven} 3 two different species magoo
[12:56] {magoo} look same right?
[12:56] {Raven} 3 similar
[12:57] {Raven} 3 several species of crows
[12:57] {Raven} 3 several species of ravens
[12:57] {GeoArb} raven is a specie of crow
[12:57] {Raven} 3 wrong
[12:57] {Raven} 3 they are of the same Genus
[12:57] {Raven} 3 Corvus
[12:57] {GeoArb} ravens belong to crow (corvus) family
[12:58] {Raven} 3 Genus is Corvus
[12:58] {Threei} I am so not good at botany...
[12:58] {GeoArb} exactly
[12:58] {GeoArb} crow is the generic term
[12:59] {Raven} 3 Family is Corvidae
[12:59] {GeoArb} yo have ravents magpies etc
[12:59] {Raven} 3 I am Corvus corax
[12:59] {Threei} Corvidae is family... Corleone is family...
[12:59] {Raven} 3 yes ... they are of family Corvidae
06[12:59] * Raven slaps Threei around a bit with a large trout
[12:59] {GeoArb} lol
[13:00] {GeoArb} neways i am not vested in this
[13:00] {Threei} was that rainbow trout family or steelhead trout family?
[13:00] {GeoArb} my impression is crow is the generic group
[13:00] {GeoArb} i may be wrong but ok
[13:00] {Raven} 3 your impression is inaccurate
[13:00] {Chaeron} surprisingly, this is one of the most intelligent conversations off the topic of investing this room has ever had...
[13:00] {Threei} lol
[13:00] {Raven} 3 TRhx Ch :)
[13:01] {Raven} 3 thx too
[13:01] {Threei} you mean my global warming tirades were not intelligent?
[13:01] {Threei} or not illegible?
[13:02] {GeoArb} but you goota tell us whay that name now raven
[13:03] {magoo} and who introduced it ? lol
[13:03] {Raven} 3 ? Geo
[13:04] {GeoArb} the nickname raven
[13:04] {Raven} 3 why ? Uh, because I like Ravens
[13:04] {GeoArb} easy enough :)
[13:04] {Raven} 3 yup
[13:04] {Threei} and guess why hawkfan is hawkfan
[13:04] {GeoArb} thats easy
[13:05] {GeoArb} chaeron?
[13:05] {Threei} dino has a soft spot for T-Rex
[13:05] {hawkfan4} actually that was supposed to be my password but i screwed up when i entered it
[13:05] {Threei} rofl
[13:05] {GeoArb} lolol
[13:06] {Raven} 3 this is degenerating ... I will take a shower
[13:06] {Threei} it's good Raven, it means business is as usual
[13:06] {Threei} now... _3579 is real mystery
[13:07] {Threei} if it's love to odd numbers, what happened to 1?
[13:08] {_3579} lol
[13:10] {GeoArb} back
[13:11] {hawkfan4} trying ESLR again, stop under .90
[13:11] {Threei} lowr high...
[13:11] {Threei} but what do I know, I misread this stock completely
[13:12] {Threei} don't pay much attention to my comments on it
[13:12] {Threei} or on botany
[13:12] {hawkfan4} hee
[13:12] {GeoArb} btw i see where my (false) impression is coming from
[13:12] {GeoArb} A large majority of the 40 or so Corvus species are known as crows,
[13:12] {Threei} about me having third eye in the center of forehead?
[13:12] {GeoArb}
[13:13] {GeoArb} remember vad yo gotta always keep that eye closed
[13:13] {Threei} I tape it over
[13:19] {Threei} ENER
[13:19] {Threei} want deep nice pullback for long entry
[13:27] {Threei} not much of pullback so far
[13:27] {Threei} but I am hesitant to buy break on it
[13:29] {Threei} would be comfortable somewhere in 77 - 77.50 area
[13:30] {Threei} look at 1 min on it to see what kind of cruel airpockets it's capable of
[13:39] {Raven} 3 back ... Geo ... wrong again on the Corvidae
[13:41] {GeoArb} I accepted i am wrong... merely pointed a source where the confusion occurs
[13:41] {Raven} 3 4 Corvidae of 19 are Crows
[13:41] {Threei} the rest are mosquitos
[13:41] {Raven} 3 source ... schmorce
[13:41] {Raven} 3 burn that encyclopedia
[13:42] {Threei} can you burn an online version?
[13:42] {Raven} 3 hire a hacker
[13:42] {Threei} lol
[13:42] {GeoArb} did anyone buy ener on pullback?
[13:43] {Threei} was not deep enough for me
[13:43] {Threei} I was rather looking at the kind that occured twice earlier
[13:43] {Threei} 9:40 - 9:50
[13:44] {Threei} then 11:08 - 11:15
[13:44] {GeoArb} ah
[13:44] {Threei} but look how breakout would have trapped you
[13:44] {GeoArb} or rather ahhhhhhhh it hurts !!!
[13:46] {Raven} 3 Geo ... your reference might be referring to Corvids worldwide ... I am referring to North America only
[13:47] {GeoArb} thank you for that out :)
[13:47] {_Lisa_Jay} Breaking down now? Market.
[13:47] {Raven} 3 I'm guessing though
[13:47] {Threei} ok, this pullback is more to my liking
[13:47] {Threei} need panic now
[13:47] {Threei} far from it lisa
[13:47] {Threei} still very close to the high
[13:48] {Threei} will it drop from here or consolidate and break out is anyone's guess
[13:49] {_Lisa_Jay} Falg or double top on NQ
[13:49] {dino} out ipi .05 +.81
[13:49] {magoo} how come u never think to short the anticipated pullbk?
[13:49] {GeoArb} i love dino's style
[13:50] {Threei} I need indication of it starting
[13:50] {GeoArb} pacman.... keeps chomping along
[13:50] {Threei} with ENER, there was none, ranges are too wide
[13:50] {dino} lol geo
[13:50] {Threei} lol
[13:50] {Threei} T-Rex Pacman
[13:51] {GeoArb} steady bites throut the day
[13:51] {Threei} dino just plugs along, whatever happens
[13:51] {GeoArb} yup
[13:51] {dino} stress free trading
[13:51] {Threei} my favorite kind
[13:51] {GeoArb} wish i get there some day
[13:51] {_Lisa_Jay} Dino wanted to thank you for your comment about the "probabilities" and "throw all book learning out" comments.
[13:51] {Threei} you will Geo
[13:52] {dino} yw lisa
[13:52] {_Lisa_Jay} Read your posts on old chat room logs. Stopped buying more books much to the delight of my spouse.
[13:52] {GeoArb} hehe
[13:52] {GeoArb} link lisa?
[13:52] {Threei} I'll have to insert a correction here... "throw out all books but TTR and MPP" {G}
[13:52] {dino} lol, fwiw, the less i know coming into each day the better i trade
[13:52] {GeoArb} lol
[13:53] {Threei} this is very true dino
[13:53] {dino} i used to get up at 6:00 am, watch the news until markets opened at 9;30 am, now get up at 6:30, read local paper and go for 2 mile walk
[13:53] {Threei} it's through many complications that we come to this simplicity
[13:54] {_Lisa_Jay} Yes. I have been following vad's style for past month and am finally green since i started trading.
[13:54] {Threei} but when you are there you won't trade it for all the knowledge in the world
[13:54] {dino} great to hear
[13:54] {Threei} one thing about TTR and MPP that makes them different
[13:54] {Threei} they are not written be academic who never traded
[13:55] {_Lisa_Jay} Yes.
[13:55] {Threei} nor by someone who may be a trader but have written a book in order to look more than he is or get in the cicrles where you need to have a book out
[13:55] {GeoArb} youre saying you didnt pay the ghostwriter?
[13:55] {Threei} it's a practical things
[13:56] {Threei} I have meny e-mails saying something to the effect:
[13:57] {magoo} ghost rider? hey, that was magoo this past weekend
[13:57] {Threei} reading it I felt as though you looked over my shoulder
[13:58] {_Lisa_Jay} You seemed to have experienced all the emotions at one time or another in your trading.
[13:58] {Threei} sure... name the mistake, I made it
[14:00] {magoo} u ever spill a coke on keyboartd
[14:00] {Threei} coffee
[14:00] {Threei} remember blackout on East Coast?
[14:01] {_Lisa_Jay} :-)
[14:01] {_Lisa_Jay} down
[14:01] {Threei} ENER is doing it
[14:02] {hawkfan4} stopped eslr
[14:02] {Threei} move your butt SATC... daddy needs new lens for his camera
[14:04] {magoo} did u call SATC today?
[14:05] {Threei} b*tched about not taking it yesterda when it opened with gap... then took pullback 3.10
[14:05] {Threei} I posted it
[14:05] {magoo} ok
[14:06] {Threei} it his 3.32 before open
[14:07] {magoo} CSIQ for a bounce vad??
[14:07] {Threei} feels to me like destined to lose 48
[14:07] {Threei} after that maybe
[14:08] {peterg} Networking monitors--MaxiVista?
[14:08] {Threei} alternatively, if it pulls back not too deep from here, then break .45-.50
[14:08] {Threei} what's that peter?
[14:08] {peterg} a way to network monitors
[14:08] {Threei} never heard
[14:08] {peterg} one mouse rules all machines.
[14:09] {Threei} machines?
[14:09] {peterg} computers
[14:09] {Threei} it's one machine, 4 monitors for me
[14:09] {peterg} how networked?
[14:09] {peterg} plugged
[14:09] {Threei} two videocards, 2 heads each
[14:09] {peterg} I see
[14:09] {Threei} Nvidia
[14:09] {peterg} heard of it
[14:10] {Threei} install their drivers, go to Display - Properties - Advanced, make one monitor primary and extened Windows to three others
[14:10] {Threei} that's it, simple like rake
[14:11] {peterg} MaxiVista supposed to do same
[14:11] {peterg} Will report
[14:13] {Threei} too sharp spike into rtesistance CSIQ
[14:13] {Threei} not sure
[14:13] {Threei} I like them coming into break more smoothly
[14:13] {_Lisa_Jay} ener?
[14:14] {dino} ipi l .70
[14:17] {Threei} nah
[14:17] {Threei} never saw aentry
[14:19] {magoo} if solars get active csiq should bounce..not in
[14:20] {Threei} actually, CSIQ is likely to lead that bounce
[14:20] {magoo} i thought maybe FSLR lead
[14:21] {Threei} last few days FSLR sat in the basement while CSIQ took the charge
[14:21] {Threei} latest leader
[14:21] {Threei} they trade places
[14:22] {Threei} probably worth a try here with stop under .30
[14:22] {Threei} just keep it small
[14:23] {magoo} in
[14:23] {magoo} .50
[14:27] {Threei} good boy CSIQ
[14:31] {magoo} don';t praise it yet
[14:31] {Threei} it moved over 1:2
[14:31] {magoo} oh come on
[14:32] {magoo} small shares remember
[14:32] {Threei} ahhh... you don't take anything less than coupla points...
[14:32] {dino} anss
[14:32] {Threei} 50 cents, sheesh... small shares is not 10 shares right?
[14:33] {magoo} 300
[14:33] {magoo} sh
[14:36] {dino} out ipi .30 +.60
[14:36] {Threei} nice
[14:36] {Threei} half out SATC
[14:37] {dino} ty
[14:37] {Threei} 2 more cents and it takes 52 week high
[14:57] {magoo} sidetracked, out csiq awhile back at .72
[14:57] {magoo} ty vad
[14:58] {Threei} we (yawn) lcome
[15:08] {dino} anss s .50 sm
[15:08] {Threei} what good is he then?
[15:09] {Threei} pleasant drop oil
[15:09] {Threei} how about drop 10 points and start widespread panic
[15:11] {magoo} u using USO to watch oil?
[15:13] {Threei} real time yes, to see the price itself -
[15:14] {cosmo} 105 pivot
[15:27] {dino} anss bstop to .10
[15:27] {dino} cov +.40
[15:31] {cosmo} SLAB maybe
[15:33] {dino} bucy l .30
[15:34] {_Lisa_Jay} where would your stop on Bucy be Dino?
[15:38] {dino} ,97
[15:39] {_Lisa_Jay} Thank you.
[15:39] {dino} np
[15:40] {dino} generally i run stops .30-.37, and look to get min. .40 out of trade
[15:44] {dino} thing is whippy goes from .17 to .37 and back in seconds
[15:45] {_Lisa_Jay} yes.
[15:48] {magoo} ok..ty vad..everybody
[15:49] {_Lisa_Jay} Bye Magoo.
[15:49] {Threei} take care mags
[15:49] {peterg} Bye
[15:49] {Threei} profitable day even though not as spectacular as a few before
[15:50] {Threei} not really complaining
[15:50] {dino} running out of time on bucy, will cut it soon regardless
[15:51] {Threei} will take second half of SATC overnight
[15:51] {Threei} hopefully it announces some 2-bil contract and opens at 10
[15:51] {dino} stop to .19 on bucy
[15:52] {dino} stopped -.11, sorry lisa
[15:52] {_Lisa_Jay} :-)
[15:53] {_Lisa_Jay} Considering where it is now, that was a good exit.
[15:53] {dino} lol lucky
[15:54] {dino} will watch it tomorrow
[15:54] {_Lisa_Jay} Are u using hard stop in the system or manually kill trade?
[15:54] {dino} on naz hard stops on dow stocks, manual
[15:54] {dino} some reason, dow stocks rinse my hard stops all the time
[15:55] {_Lisa_Jay} because they can see the stop on nyse?
[15:55] {dino} i think so
[15:56] {dino} ok, calling it a day, thx all, good one
[15:56] {Threei} thank you all
[15:56] {Threei} have a good evening, see you tomorrow
[15:56] {_Lisa_Jay} Thanks a lot Vad.
[15:56] {dino} wow bucy drops more
[15:56] {_Lisa_Jay} Yes.

Wednesday, June 18, 2008

Jun 18 2008

Session Time: Wed Jun 18 00:00:00 2008
[08:05] {Threei} [FDX] Fedex Corp Reports Q4 $1.45 (ex items) v $1.47e, R $9.87B v $9.6Be
[08:05] {Threei} - Guides Q1 EPS $0.80-1.00 v $1.27e.
[08:05] {Threei} - Guides FY09 EPS $4.75-$5.25 v $5.92e
[08:05] {Threei} - Fedex states "This guidance incorporates the current high fuel prices and the related impact on fuel surcharges, which are reducing demand for FedEx services and impacting yield across the company's transportation segments. This outlook assumes no additional increases to current fuel prices and no further weakening in the economy."
[08:06] {_Lisa_Jay} Good morning Vad.
[08:13] {Threei} Good morning :)
[08:15] {Threei} Ordinary Germans have begun to reject euro bank notes with serial numbers from Italy, Spain, Greece and Portugal, raising concerns that public support for monetary union may be waning in the eurozone's anchor country
[08:15] {Threei} jeez, is world in troubles or what
[08:23] {_Lisa_Jay} It would seem so with futures down today :-)
[08:59] {fernp} Good morning
[09:00] {dptl} good morning all
[09:00] {Threei} fern, dp :)
[09:03] {GeoArb} .
[09:03] {Threei} fine point
[09:03] {GeoArb} gm
[09:03] {Threei} geo :)
[09:03] {GeoArb} no replay today for me?
[09:04] {Threei} chat host has difficulties
[09:04] {GeoArb} ok
[09:04] {Threei} not sure it's plausible to waste time trying to fix, we are in a process of searching for new one
[09:05] {GeoArb} ok
[09:12] {pita} gm all
[09:12] {Threei} pita :)
[09:15] {cosmo} BEXP
[09:17] {cosmo} Brigham Exploration announces Southern Louisiana 6:06am)
[09:22] {esemde} morning....
[09:22] {Threei} ese :)
[09:26] {cosmo} BEXP pre mkt high = 18.55 fwiw
[09:26] {cosmo} testing
[09:31] {Threei} BEXP cross back over 18 worth a try if holding 17.80
[09:31] {cosmo} hmmm
[09:32] {Threei} .50 nearest support now
[09:32] {cosmo} speech in one hour...
[09:32] {cosmo} fwiw
[09:33] {Raven} 3 what will you speak about, cosmo ?
[09:33] {magoo} morning
[09:33] {Threei} magoo :)
[09:33] {Raven} 3 m a g o o
[09:33] {cosmo} "there are no coincidences"
[09:34] {cosmo} i think
[09:34] {Raven} 3 I will tune in
[09:36] {Threei} SOLF 21 break long if holding above 20.80
[09:37] {Threei} don't chase
[09:37] {Threei} broke too fast
[09:37] {Threei} if pullas back into 21, worth retry
[09:37] {Threei} gave second chance, stop under 20.80
[09:39] {Threei} 1:1, half out
[09:40] {Threei} 1:2, out in full
[09:42] {hawkfan4} beauty vad, +.38 thx
[09:42] {Threei} :)
[09:43] {Threei} ABAT
[09:43] {Threei} 5 long trigger
[09:43] {Threei} if holding above 4.75
[09:47] {Threei} ugh
[09:48] {Threei} missed ARBA 16 break
[09:48] {Threei} if pulls back closer to 16 will be interested
[09:49] {judijim} good morning everyone
[09:49] {Threei} jj :)
[09:49] {Threei} ROYL, half lot .25 long
[09:49] {Threei} very risky one
[09:49] {magoo} ever have tis issue vad, i try to add symbol it shows in the white highlite as i type in but won't stay or load
[09:49] {Threei} stop under 9
[09:50] {Threei} let's better keep stop under 9.10
[09:50] {Threei} better get shaken out than let it go too far against us
[09:51] {fernp} out ARRS +.11 llitle scalp . Thanks for SOLF Vad
[09:51] {Threei} fern :)
[09:51] {Threei} no mags, not sure what the cause
[09:51] {magoo} i rebooted to correct it
[09:51] {magoo} ty
[09:53] {Threei} stopped ROYL
[09:53] {Threei} don't want to get stuck with it, too volatile
[09:55] {Threei} watching CSIQ
[09:55] {esemde} am gonna bstop ESLR at 10.41 again....have done well with this since last week
[09:55] {Threei} CSIQ pullback buy
[09:55] {Threei} very hard to nail exact entry
[09:58] {Threei} good spot to try CSIQ
[09:58] {Threei} stop under .50
[09:58] {Threei} don't chase
[09:58] {Threei} either you got it around .80 or let it go
[10:00] {Threei} ROYL fooled me eh?
[10:03] {Threei} OMNI
[10:04] {Threei} .70 break long, ROYL sympathy
[10:04] {Threei} low volume
[10:04] {Threei} stop under .50
[10:04] {Roman} 21 long COIN
[10:04] {Roman} 21 7.00 small
[10:05] {Roman} 21 long NCOC 9.01 small
[10:05] {Threei} ARBA never gave a chance really?
[10:09] {_Lisa_Jay} Pnra took it for a .30 scalp...still going :-(
[10:09] {Roman} 21 out 1/2 COIN +.50
[10:09] {Threei} nice COIN
[10:09] {Threei} Lisa... profit is profit
[10:09] {Threei} volatile one, could turn on you just as well
[10:10] {Roman} 21 out remaining COIN +.68
[10:10] {magoo} beauty roman
[10:11] {Roman} 21 ty, u took some?
[10:12] {kazaam} what do u think of APWR?
[10:12] {magoo} i missed
[10:12] {Threei} CSIQ new highs
[10:12] {Threei} that 50 looks to be reached
[10:13] {_Lisa_Jay} Do you have limit orders on omni? Moved 10c very fast.
[10:13] {Threei} I hate the spread kaz
[10:13] {Roman} 21 SEED
[10:13] {Roman} 21 long off 6
[10:13] {Threei} had .72 limit Lisa, hit it as .70 started scroling fast and got .70
[10:13] {Roman} 21 off 7.00 SEED
[10:14] {_Lisa_Jay} Thank you Vad.
[10:15] {Chaeron} Good morning all
[10:15] {Threei} chaeron :)
[10:15] {Chaeron} no replay... may I ask what we're playing/stalking?
[10:15] {hawkfan4} csiq sweet vad, 1/2 out +.76
[10:16] {Threei} hawk :)
[10:16] {Threei} in OMNI chaeron
[10:16] {Threei} but don't chase
[10:16] {Threei} entry 12 cents ago
[10:16] {Chaeron} nice
[10:16] {cosmo} ABAT breaks...
[10:16] {Threei} almost
[10:16] {Threei} trigger is intact
[10:16] {Threei} held .75
[10:17] {cosmo} soon
[10:17] {Threei} there
[10:17] {Threei} has real runner potential
[10:17] {magoo} which?ABAT?
[10:17] {Threei} yes
[10:17] {cosmo} just like a bunny
[10:18] {Roman} 21 VNDA
[10:18] {Roman} 21 in small
[10:18] {Roman} 21 5.54 stop 5.25
[10:18] {Roman} 21 5.35
[10:18] {Threei} OMNI over 1:1
[10:18] {Threei} half out
[10:18] {Threei} scalpers know what to do
[10:19] {Threei} what was ABAT news?
[10:19] {Threei} my news supply doesn't even has symbol
[10:20] {Threei} ABAT over 1:1
[10:21] {kazaam} do you generally prefer long setups? curious since market opens down but only long setups are taken
[10:21] {Threei} half out +.25, stop to 4.89, letting other half run
[10:22] {Threei} I don't really care kaz
[10:22] {Threei} just didn't see any interesting short
[10:22] {cosmo} ABAT no news it seems
[10:23] {Threei} market is not homogeneous
[10:23] {Threei} it's down overall but there are sectors and stocks that move up
[10:23] {magoo} abat beauty spot vad
[10:23] {Threei} cosmo pounded the table on it yesterday
[10:24] {cosmo} that explains my sore head
[10:24] {Threei} why use your forehead for it
[10:24] {Threei} use someone's
[10:25] {cosmo} its... a passion, i guess
[10:25] {Threei} ah
[10:26] {Threei} wow VNDA
[10:26] {Threei} Roman is hot today
[10:26] {Threei} (again)
[10:27] {_Lisa_Jay} For stops do you guys us hard stops or just finger on mouse? Thanks.
[10:27] {Threei} MNST
[10:27] {Threei} looks short
[10:27] {Threei} half lot, right here
[10:27] {Threei} stop .21
[10:28] {Threei} I prefer mental stops Lisa, using hard ones only if I need to leave computer
[10:28] {hawkfan4} oil #'s in a few minutes
[10:28] {kazaam} what if you are in 2-3 plays at the same time?
[10:28] {Threei} I would never take a few of fast ones
[10:29] {Threei} and if they are slow, I can watch them with no problem
[10:29] {Threei} I mean... to play CSIQ, RIMM and AAPL at he same time, one should be either world champion in videogames or plainly insane
[10:30] {dptl} where did you get mnst Vad?....i am so slow today
[10:30] {Threei} from scanner? :)
[10:30] {dptl} lol at what price
[10:30] {Threei} oh, sorry
[10:30] {Threei} didn't mean to be smart a$$
[10:30] {Threei} 21.07
[10:31] {dptl} ty :)
[10:32] {_Lisa_Jay} [10:09] {Threei} Lisa... profit is profit
[10:32] {_Lisa_Jay} [10:09] {Threei} volatile one, could turn on you just as well
[10:32] {Threei} that's my story and I stick to it
[10:33] {_Lisa_Jay} PNRA tanked :-)
[10:33] {Threei} good... less regret :)
[10:34] {Threei} but the point is... no need for negative emotions on a winning play
[10:34] {Threei} you will have enough losing ones for that, why add :)
[10:34] {_Lisa_Jay} Yes. Especially if i took another .20 scalp on it.
[10:35] {Threei} *DOE CRUDE: -1.24M V -1.2ME
[10:35] {Threei} GASOLINE: -1.18M V +750KE; DISTILLATES: +2.62M V +1.8ME; UTILIZATION: 89.3% V 89.1%E
[10:35] {Threei} *API Inventory:
[10:35] {Threei} - Crude Inventories: -3.1M
[10:35] {Threei} - Gasoline: -2.4M
[10:35] {Threei} - Distillate: +1.4M
[10:35] {hawkfan4} Bush on tv, actually mentioned working on supporting "advanced batteries" . A presidential pump
[10:37] {cosmo} for batteries? ... weird...
[10:38] {hawkfan4} he's talking about lifting the ban on offshore oil..just thot it was funny, ABAT=advanced battery
[10:40] {cosmo} a battery tech breakthru would solve many problems
[10:41] {Threei} you see any news on it hawk?
[10:41] {Threei} or it's just a discovered play?
[10:42] {hawkfan4} nope, none since may
[10:42] {Threei} hmmm
[10:42] {Threei} really?... no, really?
[10:44] {cosmo} price rising = enron x 1000?
[10:44] {cosmo} 10,000?
[10:46] {Threei} fiiinally MNST
[10:46] {dptl} out +.14 mnst ty (got 21.14 on pull back)
[10:46] {Threei} covered too
[10:46] {_Lisa_Jay} MNST....price retraced back up till .20 (stop at .21) wow. Now it is back down. Amazing or black magic?
[10:46] {Threei} both
[10:47] {Threei} kaz... there you go, short by your request :)
[10:47] {dptl} :)
[10:47] {kazaam} thank god, i dont have to take my meds now
[10:47] {kazaam} was getting twitchy
06[10:47] * Threei is thinking of offering new service: Call per Demand
[10:48] {dptl} lol
[10:48] {kazaam} heh
[10:48] {Threei} for a small administrative fee of just $100 per call you will be able to order your own call
[10:52] {Roman} 21 BDCO
[10:57] {dptl} lpx?
[10:59] {Threei} hard to tell... stalled, no momentum
[10:59] {dptl} pk ty
[10:59] {dptl} ok
[11:04] {hawkfan4} bexp close to 17 vad?, stop under .90?
[11:05] {Threei} if gets there... just not on price alone, watch for tide to turn
[11:05] {Threei} pure risk based setup
[11:05] {hawkfan4} ok, thanks
[11:06] {Threei} SATC bothers me... daily is classic pullback into support
[11:07] {Threei} very tempting... I just hate that it's so slow, not likely to be resolved as a day trade
[11:07] {Threei} and swing trade in this climate is not very sttractive
[11:08] {magoo} agree..
[11:12] {peterg} How do you use Intelliscan? I have Euphoria, Capitulation, JBE & DBI Seems good place to start. Recommendations?
[11:14] {Threei} you can download my layout
[11:14] {GeoArb} now thats a Q i recognize
[11:14] {Threei} to see all windows that I see
[11:14] {GeoArb} be carefull with that layout though peter.... :)
[11:14] {Threei} lol
[11:14] {peterg} seemed like information overload when I did it.
[11:15] {Threei} just eliminate those windows that are too much :)
[11:15] {GeoArb} it sent me into coma
[11:15] {peterg} tks
[11:15] {Threei} why do you think I never come out of it
[11:15] {peterg} I see....
[11:15] {Threei} for JBE and capitulation better use settings from my layout
[11:15] {Threei} they are tuned up better than standard
[11:16] {Threei} also, when you go to configuration, you can see a lot more of built-in strategies
[11:17] {Threei} many are fairly interesting
[11:18] {peterg} ok thanks back in hr-I'll try again and chance coma.
[11:18] {Roman} 21 BDCO
[11:18] {Roman} 21 sorry wrong window
[11:19] {GeoArb} is that for the superlicious trader window?
[11:19] {Roman} 21 :)
[11:20] {kazaam} NTRS, what would be the best way to take profit? exit half at 1:1 and then move stop to 71.00?
[11:20] {Threei} what was the entry?
[11:21] {kazaam} 70.85
[11:21] {Threei} I'd dump half here,
[11:21] {Threei} trailed stop to just under 71
[11:22] {Threei} as soon as it reaches high again, stop to under 71.10
[11:22] {Threei} which proved to be support twice already
[11:22] {Threei} and look for the next spike to exit in full
[11:23] {kazaam} on entry i had my stop at 70.40, is that reasonable or could have have gone tighter?
[11:23] {Threei} CHART WISE, JUST RIGHT
[11:23] {Threei} oops, sorry caps
[11:24] {Threei} stop to under .10 now
[11:32] {Roman} 21 out 1/2 NCOC +.40
[11:34] {Threei} wtg Roman
[11:34] {Threei} killing'em today
[11:34] {Roman} 21 MPET decent swinger
[11:34] {Threei} (again)
[11:34] {Threei} here is your spike kaz
[11:35] {magoo} pretty good reversal here
[11:35] {magoo} markets
[11:36] {Threei} ABAT is trying again
[11:36] {magoo} i exited there a long trigger vad?
[11:36] {Threei} well
[11:37] {magoo} OY
[11:37] {Threei} 5.50 is day high, huge wall with huge offers
[11:37] {Threei} eating through it is a natural trigger
[11:37] {Threei} just risky as hell
[11:37] {Threei} but all big runners are
[11:37] {Roman} 21 in MPET swing
[11:41] {esemde} i'm outta here...just kind of waited for something to happen with ESLR but.....nawwwwww!!! oh well next time
[11:41] {Chaeron} bye ese
[11:41] {Threei} take care ese
[11:41] {esemde} see ya CH
[11:41] {magoo} bye es
[11:41] {esemde} Vad
[11:41] {Threei} a lot of other fish in the barrel :)
[11:41] {esemde} and mags
[11:41] {Threei} aside of ESLR I mean
[11:42] {esemde} true......
06[11:42] * Chaeron slaps Threei around a bit with a large trout
[11:42] {magoo} i'm in the b arrel?
[11:42] {Threei} what was that for
06[11:42] * magoo slaps Threei around a bit with a large trout
[11:42] {Threei} why do I put up with this abuse
[11:42] {Threei} where is abuse department
[11:42] {Chaeron} bt
[11:42] {Threei} ABAT did it
[11:43] {Chaeron} sorry... that was supposed to read abat.... while it was eating .50
[11:44] {Threei} stop under .40?
[11:46] {Chaeron} sounds ok to me if you're asking my permision......
[11:46] {Threei} of course I do
[11:46] {Threei} abuse department is nowhere to be seen... I better keep quiet and obedient
[11:47] {hawkfan4} bexp .20, eslr .06, stop under 10, FSLR recovering
[11:47] {Chaeron} I think that same large offer at .50 just moved it to .60 and got out of the way earlier
[11:47] {Threei} nope
[11:47] {Threei} it was taken out fair and sqaure
[11:47] {Chaeron} ok good... was looking
[11:48] {Threei} CSIQ can be one more to list of candidates hawk
[11:48] {Threei} little cup and handle break at 49
[11:49] {Threei} SPWR
[11:49] {hawkfan4} nice
[11:49] {magoo} thatswhat im stalking ..CSIQ
[11:49] {magoo} just nasty air pockets
[11:51] {magoo} in 49
[11:51] {magoo} just now
[11:51] {magoo} half lot
[11:51] {magoo} stop is crazy..has to be like .59
[11:52] {magoo} aapl going green..RISKY
[11:52] {Chaeron} nice grab CSIQ mags
[11:53] {Chaeron} I missed it but good for you bud
[11:53] {magoo} watched it for like an hour
[11:53] {GeoArb} off to work.... see you all tomorrow
[11:53] {Chaeron} bye geo
[11:53] {magoo} bye geo
[11:53] {Threei} take care geo
[11:55] {magoo} magoo kicking csiq..don't air pocket u b@stard
[11:55] {Threei} OK... what happened to market?
[11:55] {kazaam} what a reversal, market hits 1336 on the S&P and bam right back to open
[11:55] {hawkfan4} no news
[11:56] {Threei} none here either
[11:56] {Chaeron} no news is good news... means noone screwed anything up
[11:57] {magoo} this is the norm vad.....abnormally volatile is normal
[12:00] {magoo} vad..lil help with CSIQ boss
[12:03] {Threei} almost hurt my foot trying to kick it
[12:03] {magoo} yeah.skerrin me
[12:03] {Threei} why do you sit on it that long? it went up nicely, we are deep in lunch period
[12:04] {magoo} greed
[12:04] {Threei} don't be greedy
[12:07] {magoo} yeah..forgot it is scalpers friday
[12:08] {magoo} out DUMMY - .50
[12:08] {magoo} had a qurter
[12:14] {kazaam} vad, how do you filter through all the trade ideas alerts, there a so many. Are you just clicking one update after another until something comes up or are you waiting for something to popup twice or 3 times?
[12:15] {Threei} well, first of all I do not watch all windows all the time
[12:15] {Threei} they are interesting in one type of market, less interesting in other
[12:15] {Threei} then, I pay more attention to more recognizable names
[12:16] {Threei} they are likely to attract more attention and players
[12:16] {Threei} I mean when CSIQ pops up on scanner, everyone is on alert... when NeverHeardOff does, not many do
[12:17] {Threei} and of course persistent blinking of the same name, especially on several screens is a good way to filter them
[12:17] {Threei} intraday JBE, two days break, 53 week highs - would youi ignore the stock that pops up on all three?
[12:18] {Threei} be back in 5
[12:18] {cosmo} ABAT 5.59 so far
[12:21] {cosmo} testing
[12:26] {Threei} so far so good ABAT
[12:26] {cosmo} lunch-time forces of 'greed' vs 'good'
[12:26] {cosmo} greed wins again it seems
[12:27] {cosmo} which is good
[12:27] {Threei} solidly over 1:1 and seems to continue
[12:27] {kazaam} what was the entry on ABAT?
[12:27] {magoo} original was 5
[12:28] {magoo} secondtry was .50..i believe
[12:28] {Threei} yes
[12:35] {magoo} there goes CSIQ
[12:36] {_Lisa_Jay} Yes Magoo, i was drawing a sym triangle and bam it broke out. SPWR seems to be consolidating
[12:37] {magoo} its purely a momemtum play imho
[12:43] {_Lisa_Jay} Us energy secretary on Bloomberg news in 15 min. will talk about off shore drilling policy.
[12:47] {Chaeron} Drill now... build refineries and nuke plants now... tell him I said it's ok
[12:47] {_Lisa_Jay} :-)
[13:21] {peterg} ok-now looking at 12 windows, or do I need a larger screen? with Vad's intelliscan configuraton
[13:22] {Threei} 12? I counted 14
[13:23] {peterg} some must be hidden behind others. need bigger screen, i think'
[13:23] {Chaeron} 65"
[13:23] {peterg} Sounds right
[13:32] {kazaam} i thought there were intelliscan windows?
[13:32] {kazaam} i thought there were four
[13:33] {kazaam} 14!?
[13:33] {Threei} 4 are just a few standard configurations
[13:33] {Threei} there are a lot more of pre-configured ones,
[13:33] {Threei} and there is endless possibilites for you to configure more
[13:33] {Threei} download my layout, you'll get my 14
[13:34] {Threei} look in Configuration, you'll see a lot more
[13:34] {Threei} start configuring them, you'll be amazed by how powerful this tool is
[13:36] {kazaam} i dont doubt the power, I doubt how much power i can handle
[13:37] {peterg} yes; each new tool has to be digested...burp
[13:37] {Threei} well... you have the power to limit by clicking X button in the right top corner of any of those windows :)
[13:37] {Threei} lol peter
[13:37] {Threei} just don't chew on your monitors... you have your keyboard for that
[13:38] {peterg} I'm caught betweem quest for knowledge and love of ignorance
[13:38] {Threei} I am not
[13:38] {Threei} my choice is made long ago
[13:38] {Threei} ignorance is bliss
[13:38] {peterg} there it is!
[13:38] {Threei} frikin oil
[13:38] {Threei} what's up again
[13:39] {hawkfan4} no news here, unreal, +1.90
06[13:50] * Chaeron slaps magoo around a bit with a large trout
[13:51] {Chaeron} ooops... missed... sorry
06[13:51] * Chaeron slaps laserdave1 around a bit with a large trout
[13:51] {Chaeron} tere
[13:51] {Chaeron} there
[13:51] {magoo} lol
[13:52] {laserdave1} thaks
06[13:57] * Threei slaps laserdave1 around a bit with a large trout
06[13:57] * magoo slaps Threei around a bit with a large trout
06[13:57] * Chaeron slaps magoo around a bit with a large trout
[13:57] {Chaeron} there... just like in the Trhee Stooges
06[13:59] * laserdave1 slaps Threei around a bit with a large trout
06[13:59] * laserdave1 slaps magoo around a bit with a large trout
06[14:00] * laserdave1 slaps Chaeron around a bit with a large trout
[14:00] {laserdave1} sometimes you just gotta share the love
[14:01] {Threei} we are generous this way
[14:06] {_Lisa_Jay} Vad, any tips for me ...having trouble holding stop, kill trade before it gets hit. Also, take very tiny profits. Do not wait for 1:1 or 1:2. Example UNP - 75.08 long stop at 74.80. Took this for 6c profit!
[14:07] {Threei} that's pure psychological issue
[14:07] {Threei} trading on noise instead of valid signals
[14:07] {Threei} both TTR and MPP have parts devoted to that, and MPP has very pracctical solutions
[14:07] {Threei} it's kind of hard to retype it all
[14:08] {_Lisa_Jay} Ok. Will look forward to it. Thank you :-)
[14:08] {Threei} look in MPP for chapter on psuchology,
[14:09] {Threei} it has two methods for resolving this kind of things,
[14:09] {Threei} also, there are mantras
[14:09] {Threei} I don't remember they are in TTR or online course or both
[14:09] {Threei} my memory is faling {G}
[14:10] {_Lisa_Jay} Mantras?
[14:10] {Threei} or I wrote too much stuff and start forgetting what is where
[14:10] {_Lisa_Jay} Yoga?
[14:10] {Chaeron} Magoo... RIMM and AAPL?
[14:10] {Threei} well, idea is the same,
[14:10] {Threei} kind of texts that modify your behavior
[14:11] {magoo} watching chaer....2;30 ish is the time the direction usually resolves
[14:11] {Chaeron} thx
[14:12] {magoo} could tank if IF mkt does...or rebound..we'll see
[14:12] {_Lisa_Jay} Oh. Will read the book and on-line course. Sounds like it will really help me.
[14:16] {Threei} I am sure
[14:16] {Threei} if not, slap me with not one but two trouts
[14:17] {_Lisa_Jay} :-)
[14:17] {Threei} and since you mentioned it... yogas was a big thing of my youth... :)
06[14:20] * magoo slaps Threei around a bit with a large trout
06[14:20] * magoo slaps Threei around a bit with a large trout
[14:20] {magoo} just like that
06[14:20] * laserdave1 slaps Threei around a bit with a large trout
06[14:20] * laserdave1 slaps Threei around a bit with a large trout
[14:20] {laserdave1} thanks for showing me the way
[14:20] {Threei} abuse I take
[14:21] {_Lisa_Jay} CSIQ back near 50.
[14:21] {magoo} vad, she meant a relaxing technique...not a food product {thats yogurt lol}
[14:21] {Threei} lol
[14:21] {_Lisa_Jay} :-)
[14:22] {Threei} you reminded me a (admittedly not funny) joke of transitional period when Soviet Union already collapsed but market economy hans't launched yet
[14:22] {Threei} new unfamiliar food products started appearing on shelves
[14:23] {cosmo} spam?
[14:23] {Threei} guy with street-person look, unshaved and coarse, comes to the store
[14:23] {Threei} looks at the shelf
[14:24] {Threei} asks salesperson: what it this thing, in nice plastic container, colorful, labeled in foreign letters?
[14:24] {Threei} salesperson: it's Yougurt
[14:24] {Threei} Guy, trying new word, rolling it off the tongue, in dreamy voice: Yoooguuurrt...
[14:25] {magoo} Chaer, see that 2:30 nasty move?
[14:25] {Threei} continuing in normal voice: OK, gimme a bottle of vodka
[14:25] {_Lisa_Jay} Lol.
[14:25] {Chaeron} yeah..... I was going to msg, but didn't want to blow Vad's Russian joke
[14:25] {Threei} thank you lisa... you are the only one who laughs at my jokes
[14:26] {Threei} the rest roll their eyes
[14:26] {_Lisa_Jay} Still new to me. Your archived chat is fun to read.
[14:28] {magoo} oh oh...u mean room chat?
[14:28] {_Lisa_Jay} Yes.
[14:28] {Chaeron} we're dead.......
[14:29] {magoo} OY
[14:35] {magoo} long rimm here
[14:36] {magoo} stop under 143
[14:36] {magoo} shit partial
[14:36] {magoo} @ .28
[14:37] {Threei} frikin IVAN
[14:37] {magoo} out .54 +.28
[14:37] {Chaeron} I missed magoo totally...
[14:37] {magoo} fast
[14:38] {magoo} .26
[14:38] {Chaeron} yep
[14:40] {magoo} long aapl .94
[14:41] {magoo} out here .20
[14:41] {magoo} + .26
[14:41] {magoo} oops.21
[14:41] {magoo} =.27
[14:41] {magoo} :)
[14:41] {Threei} gosh, buy a calculator
[14:41] {Threei} with your AAPL profit
[14:42] {magoo} are u saying it is measly?
[14:42] {magoo} i ytake 5 fifty bux and i have 200 bux
[14:42] {Threei} no, I am saying spend a bit to compute those profits right and not make us think {K}
[14:42] {Threei} we hate thinking
[14:42] {Threei} causes severe headaches
[14:43] {magoo} [14:44] {magoo} i ytake 5 fifty bux and i have 200 bux
[14:43] {magoo} [14:44] {Threei} no,
[14:43] {magoo} um, i mean 250 bux LOL
[14:43] {Threei} rofl
[14:43] {Threei} proof of concept
[14:51] {Threei} SOL
[14:52] {Threei} probably worth a try on pullback to 21
[14:52] {Threei} half lot
[14:52] {Threei} in .02
[14:53] {Threei} stop under .90
[14:55] {Threei} go away ARCA
[14:56] {Threei} no worky
[14:57] {magoo} l aapl
[15:17] {Threei} how about that CSIQ
[15:19] {hawkfan4} very nice move, solars running nicely
[15:19] {cosmo} the days are long
[15:19] {Threei} LOL
[15:20] {Threei} ugh SOL
[15:20] {Threei} shakeout
[15:20] {hawkfan4} in .04 :)
[15:20] {dptl} why tan is negative then?
[15:21] {Chaeron} I just took +.46 from SOL in .02 out .48
[15:21] {Chaeron} many thanks 3i
06[15:21] * Threei slaps Chaeron around a bit with a large trout
[15:21] {Threei} welcome
[15:21] {Chaeron} what... too early
[15:21] {Chaeron} ?
[15:21] {Threei} no
[15:22] {dptl} isn't tan solar etf?
[15:22] {Chaeron} yep
[15:23] {hawkfan4} out SOL + 61, thx vad
[15:24] {hawkfan4} probably because FSLR is still down 6 pts dp
[15:25] {dptl} oh...isee ty hawk
[15:33] {magoo} are we in anything now? had someone in office for last half hour
[15:34] {hawkfan4} no sir
[15:34] {Threei} nope... some of us, especially shameless, grabbed indecent profits on SOL
[15:35] {Threei} I guess I was too careful on SATC
[15:35] {Threei} was worth entry at 3
[15:36] {magoo} ok..i got distracrted there
[15:40] {Threei} if CSIQ jumps again off 51, so should SOL off 21.50
[15:43] {magoo} .
[15:44] {hawkfan4} 1/2 out BEXP +.85
[15:44] {Threei} smaeless
[15:44] {Threei} shameless
[15:45] {magoo} man hawk..u crushing today
[15:45] {hawkfan4} out the rest. best day of the year for me
[15:45] {Threei} I am torn between congratulations and trouting
[15:45] {Threei} ah what the heck why not do both
[15:45] {hawkfan4} how about a congratulatory trout?
[15:45] {Threei} congratulations hawk
06[15:45] * Threei slaps hawkfan4 around a bit with a large trout
[15:46] {hawkfan4} thank you :)
[15:46] {Threei} you are very welcome :)
06[15:46] * magoo slaps hawkfan4 around a bit with a large trout
[15:46] {hawkfan4} lol
[15:46] {Threei} can't tell you how satisfying it is to see what huge progress you've made in a few month
[15:47] {hawkfan4} you're not kidding, a huge turnaround
[15:48] {magoo} sigh
[15:48] {hawkfan4} i spent the first 3 months of the year getting clobbered, then did a mentoring session with Vad and it's been steady progress ever since
[15:48] {Threei} in amazing way, a bit of soul-searching took mistery out of the markets
[15:49] {Threei} secret to good trading lies in intense navel-gazing
[15:49] {Threei} there... I came up with some used call vadisms:
[15:50] {Threei} know thyself, and you will know the markets
[15:51] {cosmo} market shearching took mistery out of the soul
[15:51] {cosmo} hmmm
[15:51] {Threei} lol
[15:51] {Threei} that was cosmism
[15:53] {magoo} sol worked but didn't want iot this close to bell
[15:53] {Threei} can't blame you
[15:53] {Threei} we had a beautiful day
[15:53] {Threei} why risk it
[15:53] {Threei} on last minutes
[15:53] {Chaeron} bid on ABAT
[15:53] {magoo} bingo
[15:53] {dptl} have a good evening all and ty :)
[15:53] {Threei} I've made one more observation about latest trading
[15:53] {_Lisa_Jay} First day here and learnt - 1. Keep stop even if it gets hit - hey you never know.
[15:54] {Threei} but too lazy now to share it
[15:54] {Threei} will do tomorrow
[15:54] {Chaeron} you won't be lazy tomorrow?
[15:54] {cosmo} here's one ... sometimes this keyboard here gets kinda like a ouija board
[15:54] {Threei} oh I will
[15:54] {Threei} I always am
[15:54] {Threei} but I have more energy in first half of the day to fight it odff
[15:54] {Threei} take care dp
[15:55] {Threei} stops are to be kept religiously lisa... not for discussion, not for altering
[15:55] {Threei} just keep them
[15:55] {Threei} otherwise you don't stand a chance
[15:55] {Threei} you may get lucky 9 times
[15:55] {Threei} 10th you won't and the size of the loss on that single one will take all the profits of those 9 and a lot more
[15:56] {_Lisa_Jay} Yes.
[15:56] {Threei} remember classic stages of going through bad news?
[15:56] {Threei} denial
[15:56] {Threei} anger
[15:56] {Threei} bargaining
[15:56] {Threei} what's next
[15:56] {Threei} depression
[15:56] {Threei} acceptance
[15:57] {Threei} that's exactly what will happen as you hold losing position
[15:57] {Threei} in an amazingly consistent way, acceptance and taking a loss much bigger than you could ever imagine wsill occur at the exact bottom
[15:58] {magoo} thats so so true
[15:58] {_Lisa_Jay} I have opposite problem. i don't let setup work. i cut it too quick.
[15:58] {cosmo} born to suffer...
[15:58] {Threei} on denial stage you will be telling yourself it's going to turn around any minute now
[15:58] {Threei} then you get angry at your self or at market
[15:59] {Threei} then you ask p[owers that be to grant you your wish this one time, promising that you'
[15:59] {Threei} ll bnever blow a stop again
[15:59] {Chaeron} and become a priest
[15:59] {Threei} then you'll become indifferent, "whatever happens, I don't care:"
[15:59] {Threei} then you finally accept it and take loss
[16:00] {Threei} no trader in the world haven't lived through it
[16:00] {cosmo} you sure the meds didn't do that?
[16:00] {_Lisa_Jay} Me?
[16:00] {Threei} only red pill
[16:00] {cosmo} k then
[16:00] {Threei} talking about pattern in general, lisa
[16:01] {Threei} no one in particular
[16:01] {Threei} OK guys, thank you all
[16:01] {Threei} have a great evening, see you all tomorrow
[16:01] {Chaeron} thanks again Vad... see you tomorrow
[16:01] {Threei} at least those who elect to see me
[16:01] {_Lisa_Jay} Thank you so much Vad.
[16:01] {hawkfan4} thx vad, all
[16:01] {Threei} and since it's not necessary pretty, can't blame those who decides otherwise
[16:02] {Threei} oh and magoo
06[16:02] * Threei slaps magoo around a bit with a large trout
06[16:02] * Chaeron slaps _Lisa_Jay around a bit with a large trout
[16:02] {_Lisa_Jay} :-) Thanks Chaeron.
[16:02] {Chaeron} that's just to officially welcome you to the room :)
[16:03] {Threei} lol
[16:03] {Threei} where is Geo
[16:03] {Threei} somehow I feel like slapping him as well
[16:03] {Chaeron} you're one of us now... don't want you to feel like you're not ohana
[16:03] {magoo} TY vad{for ther trout}
[16:03] {Threei} welcome... I felt I had to oblige

Tuesday, June 17, 2008

Jun 17 2008

Session Time: Tue Jun 17 00:00:00 2008
[08:11] {Threei} - Consensus expectation -$172.5B v -$172.9B prior
[08:11] {Threei} Consensus expectations:
[08:11] {Threei} - Producer Price Index MoM: 1.0% v 0.2% prior; YoY expected at 6.8% v 6.5% prior
[08:11] {Threei} - PPI ex Food & Energy MoM: 0.2% v 0.4% prior; YoY expected at 3.0% v 3.0% prior
[08:12] {Threei} - Housing Starts: Consensus expectations are 980K; The prior number was 1.032M prior
[08:12] {Threei} - Housing Permits: Consensus expectations are 960K; The prior number was 982K (revised from 978K)
[08:25] {Threei} GS
[08:25] {Threei} REPORTS Q2 $4.58 V $3.42E,
[08:25] {Threei} R $9.42B V $8.74BE
[08:30] {Threei} MAY HOUSING STARTS: 975K V 980KE;
[08:30] {Threei} BUILDING PERMITS: 969K V 960KE
[08:30] {Threei} Q1 CURRENT ACCOUNT BALANCE: -$176.4 V -$172.5BE
[08:33] {Threei} MAY PRODUCER PRICE INDEX M/M: 1.4% V 1.0%E; PPI EX FOD_ENERGY M/M: 0.2% V 0.2%E
[08:33] {Threei} - PPI YoY: 7.2% v 6.8%e
[08:33] {Threei} - PPI Ex Food_Energy YoY: 3.0% v 3.0%e
[08:35] {Threei} CSIQ
[08:35] {Threei} RAISES GUIDANCE
[08:37] {Threei} that was scalpable for 50 cents easy
[08:37] {Threei} watching SOLF for sympathy
[08:38] {Threei} took some at 22, small though
[08:39] {Threei} details:
[08:39] {Threei} RAISES FY REV GUIDANCE TO $750M - $870M V $836ME ($650M - 750M PRIOR)
[08:40] {Threei} ENOC
[08:40] {Threei} - ENOC to provide a minimum of 110 megawatts (MW) of demand response capacity. The program will initially target commercial and industrial customers of four power distributors within the seven-state TVA service area: Memphis Light, Gas and Water; Nashville Electric Service; Knoxville Utilities Board; and Huntsville Utilities.
[08:40] {Threei} out +.30
[08:41] {hawkfan4} nice
[08:41] {Threei} fingers warm-up
[08:43] {Threei} for those who is interested in broader economy happenings,
[08:44] {Threei} very interesting, short but not necessary easy read:
[08:44] {Threei}
[08:44] {Threei} well worth it, IMO
[08:56] {Threei} sold both CSIQ and SOLF too soon eh? :)
[08:59] {hawkfan4} out STP +.34
[08:59] {Threei} on CSIQ news?
[09:00] {hawkfan4} yep, got .65, offered .99. took forever
[09:00] {Threei} gj :)
[09:00] {hawkfan4} thx :)
[09:01] {Threei} ·In the newspapers overnight the Financial Times wrote that Goldman Sachs (GS) is close to finalizing a plan to restructure a $7bn investment vehicle formerly run by London-based hedge fund Cheyne Capital, in a move that could potentially usher in a crucial new phase in the credit turmoil.
[09:02] {Threei} ·In energy news overnight, According to data released by the head of the Senate's Energy Committee, speculators hold close to 70% of all of the outstanding WTI oil contracts. The Financial Times wrote overnight that the US wants China to be more transparent about its oil reserves. The Times of Oman wrote overnight that there are indications that Saudi Arabia could seek to have Western governments lower their domestic fuel taxes, if the oil producing nation decides to raise output. The Iranian President said overnight that the Market is full of oil adding that the rising price trend if take and imposed.
[09:04] {cosmo} maybe its time for those speculators to try some real estate...
[09:05] {Threei} would be nice
[09:06] {fernp} Good morning
[09:07] {Threei} fern :)
[09:09] {Threei} UAUA
[09:09] {Threei} GUIDES Q2 PRASM +3.5%-4.5% Y/Y - FILING
[09:12] {dino} gm all
[09:13] {cosmo} INFN pre mkt low = 9.50 fyi
[09:13] {Threei} dino :)
[09:14] {esemde} good morning...
[09:15] {Threei} - prior Capacitiy Utilization revised from 79.7% to 79.6%
[09:15] {Threei} ese :)
[09:18] {dino} running behind, re-loading trade windows, dsl out so i left
[09:19] {peterg} With these stocks, UAUA & CSIQ looking as if they will jump at the bell, what is your strategy? I recall reeading that you like to wait to see pattern.
[09:20] {Threei} CSIQ is already up over 4 bucks
[09:21] {Threei} and it's a very volatile stock
[09:21] {Threei} I'd prefer to see a pullback first
[09:22] {Threei} or tight consolidation with break, so we have tighter stop
[09:22] {Threei} another way to approachh it is to use CSIQ as leading indicator and play another solar stock as sympathy play
[09:23] {Threei} JASO... SOLF... CSUN...
[09:23] {Threei} whoever folllows
[09:23] {cosmo} INFN pre mkt low = 9.40 fyi
[09:29] {magoo} morning, problems but up now
[09:30] {Threei} magoo :)
[09:31] {magoo} we lost our internet service yesterday in last hour
[09:31] {Threei} SATC interesting
[09:32] {magoo} man vad..CSIQ up 5
[09:32] {Threei} yup, raised guidance
[09:33] {Threei} FEED
[09:33] {Threei} half lot long if .34 gets taken
[09:33] {Threei} stop under .20
[09:33] {Threei} jumpy
[09:36] {esemde} bstop ESLR 10.20
[09:36] {Threei} JASO
[09:36] {Threei} .80 long half lot
[09:36] {Threei} if stays above .60
[09:37] {Threei} CSIQ upticks, watch JADSO for aggressivce entry
[09:37] {Threei} if taking it here, stop under .50
[09:37] {Threei} CSIQ new high
[09:39] {esemde} long ESLR 1/3 lot
[09:40] {Threei} FEED invalidated btw
[09:40] {peterg} can't short CSIQ
[09:41] {Threei} why would you want to
[09:41] {peterg} $?
[09:41] {magoo} in jaso .67
[09:41] {magoo} aggressive entry
[09:41] {magoo} small
[09:42] {Roman} 21 long FRPT
[09:42] {Roman} 21 small
[09:42] {Roman} 21 4.65
[09:42] {Threei} peter... strong stock, uptrend... why go against it
[09:42] {peterg} Theory: end of euphoria. Obviously so far incorrect.
[09:42] {Threei} there are easier ways to make money
[09:43] {peterg} Lets keep looking
[09:43] {Threei} what indications are there for the end of it?
[09:43] {peterg} Probably wish more than reality...
[09:44] {peterg} There's an idea.....Reality Trader!!!
[09:45] {peterg} Here's the downtrend for the moment on CSIQ, but I don't know how to call it or predict it.
[09:45] {Threei} it's just a pullback on lower volume
[09:45] {peterg} k
[09:46] {Threei} IMO, new long entry opportunity
[09:46] {Threei} half out JASO
[09:48] {Roman} 21 ENER
[09:48] {Roman} 21 in 74
[09:48] {Roman} 21 super small
[09:49] {cosmo} confirms...
[09:50] {Threei} CPSL?
[09:51] {magoo} vad, wheres sup[port on CSIQ iyo?
[09:51] {magoo} 46 area?
[09:51] {Threei} so far yes but it can cut through that with no pause
[09:53] {peterg} BEXP?
[09:54] {Threei} pullback under 16 would be better buy
[09:54] {Threei} .15 possible for break if consolidates for a few min
[09:54] {Threei} with stop under 16
[09:56] {magoo} out jaso .93 TY boss
[09:56] {Threei} welcome
[09:57] {Threei} CSUN wakes up too
[09:59] {Threei} .50 break if stays above .30
[09:59] {Threei} not a scalp for me if sets up
[10:02] {magoo} first sign strength rimm long
[10:02] {magoo} small
[10:02] {magoo} with market strength
[10:03] {magoo} not here
[10:04] {magoo} in
[10:05] {Chaeron} Good morning all... replay not working?
[10:05] {Threei} morning chaeron
[10:06] {dino} ok, back to normal, i think/hope
[10:06] {Threei} frustrating dino...
[10:07] {Roman} 21 out ENEr
[10:08] {peterg} Sweeping Generalization: This is challenging & reveals inner emotional problems with great clarity.
[10:08] {magoo} stopped RIMM _ .30
[10:09] {peterg} Who wanted that much clarity anywaay
[10:09] {Threei} lol
[10:09] {esemde} CCCHHH hows it goin....
[10:09] {Threei} really
[10:10] {Chaeron} hi ese:) good thanks... great to be here... we stalking anything? Replay not coming up here
[10:11] {esemde} i'm in ESLR at .20......watching at this point
[10:12] {Roman} 21 CDS looking higher
[10:12] {Roman} 21 tin
[10:12] {Threei} CSUN we do ch
[10:13] {Threei} .50 break
[10:13] {Chaeron} thanks Threei
[10:13] {Threei} CPSL is interesting but tough one to read
[10:13] {Threei} climbs slowly
[10:13] {Threei} no news that I see
[10:15] {Threei} SOLF near support
[10:16] {Threei} watch CSIQ, if it jumps up, SOLF will be a good way to play it
[10:16] {Threei} off .50 support
[10:17] {Roman} 21 stopped FRPT
[10:18] {Threei} SATC, see that big offer by EDGX at .26?
[10:18] {Threei} long if taken
[10:19] {Threei} slow one, may even turn into not a day trade
[10:19] {Threei} if took SOLF, stop under .50
[10:19] {magoo} in SOLF .73
[10:19] {Chaeron} brb - pc probs - reboot time
[10:19] {Threei} CSUN, consider aggressive entry idea
[10:20] {Roman} 21 long VNDA
[10:21] {Threei} need CSIQ to break 48 and proceed to dau high and 52 weeks high to put real fire under all of followers
[10:21] {Roman} 21 1/2 5.31 area
[10:21] {Threei} SOLF, JASO, CSUN
[10:22] {Threei} good boy CSIQ
[10:22] {Threei} go and pull all these lamers with you
[10:22] {Threei} peter
[10:23] {Threei} I believe what you are going to see on CSIQ today is going to break the idea of shorting hot runners to pieces
[10:23] {peterg} Learn learn learn
[10:24] {Threei} unless something unexpected happens in the markets (which is always possibility, especially in today's one which is very sensitive to any news), CSIQ is going to proceed to new 52 week highs today
[10:26] {peterg} Tks, back in four hours. Have fun! Hit fish!
[10:26] {Chaeron} bye peter
[10:26] {Threei} gladly... who is fish?
06[10:26] * Chaeron slaps Threei around a bit with a large trout
[10:26] {Threei} let's assign the title of today's fish to someone
[10:27] {Threei} hey!! not me!
[10:27] {Threei} IVAN
[10:28] {Threei} lol... IVAN is willing to print them as much as buyers are willing to take
[10:28] {Chaeron} morons
[10:39] {Threei} anyone took BEXP?
[10:39] {magoo} long CSIQ .70
[10:39] {Threei} I'd sell half here
[10:39] {hawkfan4} i did, .22 bexp
[10:40] {Threei} magoo... I'd look to partial out SOLF on next spike
[10:40] {magoo} waiting .17
[10:40] {magoo} will adjust if
[10:40] {dino} cplas l sm .80
[10:42] {dino} adjust your attititude while at it magoo
[10:43] {magoo} stop csiq .29, small shares
[10:44] {Threei} lol dino
[10:45] {Roman} 21 PEIX
06[10:46] * Threei hands dino resin baton also known as attitude-adjuster, also known as democratizator, to work on magoo
[10:46] {Roman} 21 bidding PEIX 2.65
[10:46] {dino} tire checker?, lol
[10:47] {GeoArb} love money too much
[10:47] {GeoArb} booohoo
[10:47] {GeoArb} am back
[10:47] {Chaeron} hey Geo
[10:47] {dino} gm geo
[10:47] {Threei} geo :)
[10:47] {GeoArb} gm all
[10:47] {GeoArb} i couldnt stand everyone making money
[10:47] {GeoArb} and me reading night blogs
[10:48] {Threei} okay CSIQ
[10:48] {Threei} show'em how it's done
[10:48] {GeoArb} :)
[10:48] {Threei} blogs for Thursday-Friday were especially spectacular eh?
[10:48] {GeoArb} yup
[10:48] {GeoArb} just wrong
[10:48] {magoo} if anyone w/magoo on csiq u got .40 cents
[10:49] {magoo} still in
[10:49] {GeoArb} hey chaeron/dino
[10:49] {Threei} dino... I think you'll need not one but two attitude-adjusters if magoo makes it big on CSIQ today
[10:50] {dino} rather throw a brew at him
[10:50] {magoo} u know what i want on csiq vad..i know u do
[10:51] {magoo} i thinking 49 easy
[10:51] {magoo} probably over 50
[10:52] {magoo} 49 in next 3 minutes
[10:52] {magoo} RISKI
[10:52] {magoo} 1 point off call here
[10:53] {Threei} here we go CSIQ
[10:53] {Threei} 52 week high .91
[10:53] {Threei} within easy reach
[10:53] {Threei} where is peter
[10:53] {Threei} this kind of lessons is invaluable
[10:54] {magoo} i'd luv to make $$ teaching him a lesson vad
06[10:55] * magoo slaps peterg around a bit with a large trout
[10:56] {GeoArb} as an aside guys i played zion downside and tbsi upside this morning
[10:56] {GeoArb} zion still looks like having juice
[10:56] {Threei} I'll wait with short wording of the lesson until he is back
[10:57] {Threei} ok CSUN
[10:57] {Threei} your trurn
[10:57] {Threei} turn
[10:57] {Threei} catch up will ya
[10:58] {magoo} long rimm .40
[10:59] {Threei} SOLF mags
[10:59] {Threei} half out IMO
[11:00] {GeoArb} I missed you guys :) (all sentimental)
[11:00] {Threei} group hug?
[11:00] {GeoArb} lol
06[11:00] * Chaeron slaps Threei around a bit with a large trout
[11:00] {magoo} waiting 09 vad
[11:01] {Threei} fair warning: my hug is one of a bear, sever suffocation ensues
[11:01] {Threei} some broken ribs are highly probable
[11:01] {magoo} 143.98 stop on rimm
[11:02] {dino} meoh jumping around
[11:02] {Threei} and chaeron as the most trout-happy today is going to be a first subject of hugging
[11:02] {Threei} new 52 week high CSIQ
[11:02] {hawkfan4} part out csiq +1.01, nice mags, part out SOLF + .16 too
[11:02] {Threei} did we see it coming long before it came or what
[11:02] {hawkfan4} it's a beautiful thing
[11:04] {Threei} anyone who picked JASO as a follower, half out here
[11:04] {magoo} out here .07 CSIQ, + sometyhiong good
06[11:04] * Threei slaps magoo around a bit with a large trout
[11:04] {Chaeron} Thanks for the CSIQ - in .60 out 49.08 +0.48 many thanks
06[11:04] * Threei slaps Chaeron around a bit with a large trout
[11:04] {Threei} while I am at it...
[11:04] {Chaeron} why... too early?
06[11:04] * Threei slaps hawkfan4 around a bit with a large trout
[11:04] {magoo} like a dollar 36 i think
[11:04] {magoo} 1.37 +
[11:04] {Threei} no... just to keep things balanced
[11:05] {Threei} anyone took CSUN aggressively?
[11:05] {magoo} 10:41] {magoo} long CSIQ .70
[11:05] {magoo} [10:41] {Threei} I'd sell half her
[11:05] {Chaeron} we're too gentle to take aggressively
[11:05] {Chaeron} does CSIQ have more?
[11:05] {magoo} [10:53] {magoo} i thinking 49 easy
[11:05] {magoo} [10:53] {magoo} probably over 50
[11:05] {Threei} yes ch
[11:06] {Threei} just remember, it's a hard breather
[11:06] {Threei} honestly, I am not very fond of playing CSIQ itself
[11:06] {Chaeron} me either
[11:06] {Threei} I prefer to use it as leading indicator
[11:06] {Threei} and play followers
[11:07] {hawkfan4} 1/2 out BEXP +.49
[11:07] {dino} fstr sm l .68 ave
[11:07] {magoo} anyone RIMM with me?u got .,49 cents
[11:08] {Threei} what the heck today... everyone making money
[11:08] {magoo} me out rimm + soomethiung good
[11:08] {Threei} that's not normal... gotta come up with couple stops
[11:08] {Threei} if you win every time no one is going to come out and play with you tomorrow
[11:10] {dino} oh mannnn, you just pushing it now 3i
[11:10] {magoo} oh contrare monfrare
[11:10] {magoo} everyone will want to play
[11:10] {judijim} good morning all
[11:10] {Threei} awww jj :(
[11:10] {GeoArb} wow
[11:10] {Threei} I hate it when you miss best plays
[11:10] {magoo} double that
[11:10] {GeoArb} when magoo gets rich he turns french
[11:12] {judijim} we are in the cash right now, made $1644 yesterday out by 8 am
[11:12] {Threei} beautiful
[11:12] {GeoArb} nice
[11:12] {judijim} ty
[11:12] {magoo} wow really...then get out of here lol
[11:13] {magoo} your right vad...i don't want to play with jj anymore
[11:13] {Threei} lol
[11:13] {magoo} out solf TY boss
[11:13] {dino} gj jj
[11:13] {Threei} you guys are getting so good... may I retire?
[11:15] {Threei} oh great, everyone answered at once
[11:17] {GeoArb} some things are just not to be joked about
[11:17] {Threei} no such things
[11:17] {GeoArb} lol
[11:20] {GeoArb} ahh ZION... got out too ealry
[11:23] {dino} fstr stopped -.37
[11:32] {dino} meoh stopped -.30
[11:32] {dino} darn spike rinse
[11:36] {Roman} 21 long SOL
[11:36] {Roman} 21 20.95 in
[11:39] {Threei} guys, what color Roman's post?
[11:39] {Chaeron} reddish
[11:39] {Threei} hah
[11:40] {Threei} black for me...
[11:40] {Threei} wierd
[11:40] {GeoArb} i dont get it
[11:40] {GeoArb} i just filter colors for the ones i want
[11:40] {magoo} reddish
[11:41] {Chaeron} Geo has me as white :) --- (let's see who gets it)
[11:41] {magoo} vad, dou see green for my posts?
[11:41] {GeoArb} i see you !
[11:41] {GeoArb} i just do IRC-} highlight
[11:41] {Threei} can't tell magoo, I look at you through the trout... and it's not trasparent
[11:42] {Roman} 21 out SOL +.1
[11:44] {magoo} well..he he ..the color should be black
[11:44] {Threei} well, it's rainbow trout
[11:45] {Threei} so really hard to tell
[11:45] {Threei} don't you hate the way oil stays so stubbornly so close to high
[11:46] {dino} last try s meoh .98, stop .31
[11:46] {GeoArb} you using OIH vad?
[11:46] {Threei} while chorus sings all the right lines that should have brought it down
[11:47] {Threei} no
[11:47] {dino} grow
[11:47] {Threei}
[11:48] {GeoArb} ty
[11:49] {Roman} 21 in CSIQ
[11:49] {Roman} 21 small
[11:50] {Roman} 21 47.20
[11:56] {Threei} chaeron, look dcc please
[11:57] {Roman} 21 SEED
[11:57] {Roman} 21 in
[11:57] {Roman} 21 7.07 small stop under 6.8
[12:01] {magoo} wow..didn't realize we are down 75
[12:04] {hawkfan4} coin small .95
[12:07] {dino} meoh bstop to .56
[12:13] {dino} to .48
[12:14] {Roman} 21 out CSIQ
[12:14] {Threei} beautiful
[12:14] {Roman} 21 +.70
[12:14] {Threei} wtg
[12:14] {Roman} 21 ty
[12:15] {dino} to .37
[12:15] {dino} gj rfr
[12:15] {dino} cov meoh .37, +.61
[12:17] {dino} chopped liver i see
[12:21] {Threei} hehe
[12:22] {Threei} with today's performance, you need to post 3+ gains top impress
[12:34] {dino} i see how it works, but yeah started a bit rough
[12:37] {Threei} no, it's about magoo and hawk... gotta beat their 1+ gains :)
[12:40] {dino} hmmmmmm, how about 5 .50s
[12:41] {magoo} noipe
[12:41] {magoo} thats easy
[12:41] {magoo} hard to believe,..but my typing today is hittying all time lows
[12:44] {Threei} hahaha
[12:44] {Threei} just when you thought you hit rock bottom, you managed to dig deeper
[13:04] {magoo} are we disconnected?
[13:05] {Threei} no
[13:05] {patience} nope
[13:05] {cosmo} often
[13:05] {GeoArb} disoriented maybe
[13:06] {magoo} :)
[13:06] {magoo} is my type color green?
[13:13] {Chaeron} nope
[13:14] {magoo} good, its suopposed to be black
[13:16] {magoo} long rimm .58
[13:28] {magoo} out here .83
[13:32] {Threei} CSIQ gathers power again
[13:32] {dino} teso s sm .53
[13:32] {Threei} or tries
[13:33] {magoo} whats the call boss?
[13:33] {Threei} trying to see what follows
[13:33] {Threei} both SOLF and JASSO went too deep for my taste
[13:34] {Threei} not sure honestly
[13:35] {magoo} well..i took .41
[13:35] {Threei} CSIQ?
[13:35] {magoo} yeah..out here .68
[13:35] {Threei} :)
[13:36] {GeoArb} scalper of scalpers
[13:36] {magoo} feels like 50 today
[13:37] {magoo} scxalpin now though...i am 12 of 13 today..{hope not jinxed now for saying it}
06[13:38] * Threei slaps magoo around a bit with a large trout
[13:39] {magoo} again:)
06[13:39] * magoo slaps magoo around a bit with a large trout
[13:41] {Threei} IMO... one more pullback, then off to new highs
[13:42] {magoo} my thought...on pllbk..take small like 200 sh and let it ride to 50
[13:42] {magoo} add 100 shares if breakes 49.24
[13:43] {magoo} lay it out 49.89
[13:44] {magoo} need market to power up
[13:46] {kazaam} looks set for a power up
[13:49] {Threei} sure does
[13:49] {Chaeron} whoa
[13:49] {Chaeron} what was that on CSIQ
[13:50] {Threei} just it's natural volatility
[13:50] {hawkfan4} yep, it's a wild one
[13:51] {Threei} airpocket
[13:52] {Threei} what are the worst days for trading?
[13:52] {Chaeron} Sat and Sun?
[13:52] {Threei} lol
[13:52] {Threei} tome, Fri and Mon
[13:52] {Threei} sounds about right?
[13:52] {Chaeron} yeah... esp. op ex
[13:52] {magoo} marissa tome"
[13:53] {kazaam} what do you guys think about TITN
[13:53] {Chaeron} the actress?
[13:53] {Threei} so, with our today's performance, it's a good time to let you know... I'll have to leave you for half of Fri and full day Monday
[13:53] {Chaeron} (slacker)
[13:53] {Threei} need to make a quick dash to New York and back
[13:54] {Threei} family thing
[13:54] {GeoArb} darn tirekicking
[13:55] {GeoArb} (trying to picture vad make a dash)
[13:55] {Threei} looks tired to me kazaam
[13:56] {Threei} if consolidates closer to 33, maybe a scalp on break
[13:56] {Threei} otherwise I'd leave it be
[13:56] {GeoArb} SHLD inteesting
[13:58] {magoo} wheere in new york?
[13:59] {Threei} it's a suburb of New Jersey
[13:59] {magoo} i have realatives in englewood nj
[13:59] {magoo} {look at spelling..sheesgh}
[13:59] {Threei} never mind... read your question as "where IS new york" :)
[14:00] {GeoArb} lol
[14:01] {Chaeron} so we still looking for new highs on CSIQ magoo?
[14:03] {magoo} i am not in..i am watyching..will post if IF enter
[14:03] {magoo} needs to get the momo back..the frenxzy
[14:04] {dino} adbe l .00, stop .71
[14:05] {Chaeron} I'm out..... in @ .24, out @ .73... took 0.49... thanks guys
[14:06] {Threei} just how disgusting it is
[14:06] {Threei} I am appaled by your shameless money making today
[14:06] {Chaeron} what? that's not a 3pointer....
[14:06] {Chaeron} slap magoo
[14:06] {Threei} no
[14:06] {Threei} he loves it too mch
[14:07] {Threei} grrrrrrrrrrrrr
[14:07] {Threei} missed CPST totally
[14:08] {Threei} oh, and what's the worst trading month?
[14:08] {patience} august
[14:08] {Threei} bingo
[14:08] {Threei} sooo....
[14:08] {Threei} for just one week... I'll leave you guys in august
[14:08] {Threei} Alaska cruise
[14:08] {Threei} long standing dream
[14:09] {Threei} unless wife feeds me to orcas, I promise to be back
[14:09] {magoo} i thought u migrated thru berring straight with other cavemen and swa alaska on way to canada vad?
[14:09] {Threei} but that was way too long ago
[14:09] {Threei} I forgot the lay of the land
[14:10] {magoo} u better provide a stellar july BEFORE u take off
[14:10] {magoo} roman tired of carrying your weight
[14:10] {Threei} gotta do some reconnaissance in case we need to fight invaders off
[14:11] {Threei} also mags, consider this:
[14:11] {Threei} tosurvive I had to eat most of my caveman comrades on our way... proper burial in order
[14:12] {Threei} and roman is mostly tired of sleepless nights... baby can do that to you :)
[14:13] {Threei} and hey... I don't even take any single day off in July when my sister comes to visit - and I haven't seen her in frikin 12 years
[14:19] {Threei} here comes the push
[14:23] {Threei} anyone's in CSIQ still?
[14:23] {hawkfan4} in from .49
[14:24] {Threei} hopefully breathing is over
[14:24] {hawkfan4} i know i haven't breathed for about 10 minutes or so :)
[14:24] {Threei} lol
[14:25] {Threei} I'd keep stop under .30
[14:25] {Threei} it may seem too tight but here is the way I think of it:
[14:25] {Threei} if this attempt to break to new highs fails, it's likely to puill back deep,
[14:26] {Threei} and with remarkable gains we made today on whole solar sector, it creates this very dangerous feeling of invincibility and big cushion
[14:26] {Threei} so it's easy to decide "fine, I'll give it more room"
[14:26] {Threei} next thing you know, it ate half of what you made today
[14:27] {Threei} and being nicely in the profit still tou feel frustrated because of giving so much back
[14:27] {Threei} so... let' kerp it in perspective
[14:28] {Threei} see?
[14:28] {hawkfan4} yep, stopped, -.24
[14:28] {Threei} better take small stop and look for reentry
[14:30] {Threei} Geo, look dcc please
[14:35] {dino} s cryp .42
[14:42] {Threei} if CSIQ finally breaks, will try CSUN break of 12
[14:42] {Threei} with stop under .90
[14:45] {Threei} chaeron, news for you:
[14:46] {Chaeron} just saying it is fun... I don't trade it :)
[14:46] {magoo} read RIMM vad? i think long if mkt and aapl continue
[14:46] {Threei} I know
[14:46] {Threei} just gave you another chance to feel how it rolls off the toungue :)
[14:46] {Chaeron} zzzzzzzzzzzikkkkkksii
[14:47] {Threei} something out of 19 century French novel
[14:48] {Threei} Gi de Mopassan
[14:51] {magoo} look csiq
[14:52] {Threei} painful
[14:52] {Chaeron} *whew*
[14:53] {Threei} here is the reason:
[14:53] {Chaeron} yeah sure...
[14:53] {cosmo} speculaters...
[14:54] {Threei} party poopers
[14:54] {Chaeron} awwwwwwwwww...... cosmo said the "s" word.................
[14:54] {cosmo} (sic)
[14:55] {Threei} look FSL drop on this
[14:55] {Threei} FSLR
[14:56] {Threei} good thing CSUN never triggered
[14:57] {Threei} lost 20 cents in one gasp
[14:58] {Threei} or 30 in two
[14:59] {judijim} take care everyone, we will be back tomorrow
[15:00] {Threei} bye jj
[15:00] {magoo} jj;0
[15:00] {magoo} SIGH
[15:00] {magoo} sigh
[15:00] {magoo} jj:) THERE
[15:01] {Threei} how does US subsidy of absense of it affect canadian company CSIQ?
[15:01] {Threei} or is it tax break on a consumer level?
[15:02] {magoo} overall mkt pulling back
[15:03] {dino} solars getting knocked down
[15:04] {Threei} from what I see, it's a research credits and incentives
[15:05] {Threei} so CSIQ being canadian company never had them, and seems to be only in position to benefit from it as competitors life becomes tougher
[15:05] {Threei} no?
[15:06] {magoo} its just traders pushuing it around,
[15:14] {Threei} .60 wort a try, small shares, if not losing .40 from now on
[15:24] {dino} cov teso .11, +.42
[15:42] {cosmo} ABAT just keeps on going....
[15:42] {cosmo} 4.98hod
[15:44] {Threei} tempted by this SATC pullback
[15:44] {Threei} too close to eod though
[15:45] {dino} stopped cryp .34, +.08
[15:45] {magoo} shame news ruined CSIQ..really had potential
[15:46] {magoo} .
[15:46] {magoo} goyt knocked off there
[15:46] {Threei} it actually acted exactly as we expected
[15:46] {Threei} [10:24] {Threei} unless something unexpected happens in the markets (which is always possibility, especially in today's one which is very sensitive to any news), CSIQ is going to proceed to new 52 week highs today
[15:46] {Threei} so it did,
[15:46] {Threei} then news came :)
[15:47] {magoo} true
[15:47] {Threei} 50 was in cards if not for that news
[15:47] {Threei} whatever... tomorrow is new day
[15:48] {Threei} and we got alot from this one
[15:48] {magoo} it is??
[15:48] {Threei} I think so
[15:48] {magoo} we did?
[15:48] {magoo} did we play it?
[15:48] {cosmo} the day is young .. i thot
[15:48] {Threei} from this day I mean
[15:48] {Threei} and yes we did :)
[15:48] {dino} fwlt sm l .50
[15:49] {Threei} everyone is required to listen to Tomorrow Never Dies song today
[15:49] {Threei} as a homework
[15:49] {cosmo} i hear it all the time
[15:49] {Threei}
[15:51] {Threei} better yet..
[15:52] {dino} i should've looked at the time, would not have taken fwlt
[15:52] {Threei} that's the song for end of day... and this one for the start:
[15:53] {Threei}
[15:55] {magoo} ty vad
[15:55] {Threei} FWLT is tortutous dino
[15:56] {Threei} OK guys, thank you all
[15:56] {Threei} have a great evening, see you tomorrow
[15:56] {magoo} [15:56] {magoo} ty vad
[15:56] {Threei} which according ti cheril crow never dies
[15:56] {GeoArb} ty
[15:57] {dino} tomorrow never comes
[15:58] {fernp} bye
[15:59] {_Lisa_Jay} Thanks Vad. Bye.

Monday, June 16, 2008

Jun 16 2008

Session Time: Mon Jun 16 00:00:00 2008

{Threei} testing waters with one toe... Good morning!
{peterg} So far so good--blue print! gm
{Threei} hi peter... blue it is
{peterg} perhaps a touch of purple....
{Threei} still, yes, but it receeds
{peterg} very nice
{Threei} - Earlier chatter circultyed that Saudi Arabia will not be able to meet its speculated oil output of 10M BPD
{cosmo} looks like a blue monday
{Threei} yes cos
{cosmo} ACAD pre mkt recovery high = 4.25 fyi
{cosmo} far
{Threei} news supply was the last of trading-related to restore... just did
{peterg} hmmm. evil genie now in Minneapolis; computer failing...
{Threei} jeez... what a run I missed on SQNM
{Threei} so... some of discoveries over last few days
{Threei} 1. Murphy was right
{Threei} when things start go bad, they don't miss anything
{Threei} 2. My skills in swearing in two languages are fair, although Russian still beats the heck out of any other
{Threei} in this regard
{pita} morninng
{Threei} 3. Before making those "infallible" backups with fancy software on fancy external hard drives, make sure those harddrives are formatted in today's file system, not in stone age
{Threei} pita :)
{Threei} 4. slapping magoo with a trout really helps feel better
{Threei} not bad for life experience accumulation over just 4 days eh?
{cosmo} ...the first 4 maybe...
{cosmo} ACAD
{fernp} good morning
{Threei} fern :)
{pita} whatever happened Vad, welcome back
{Threei} thank you
{cosmo} ACADIA Pharmaceuticals announces results from ACP-104 phase IIb schizophrenia trial; did not meet its primary endpoint
{fernp} you are welcome
{dino} gm all
{peterg} any ideas how to play ACAD?
{Threei} dino :)
{cosmo} ACAD needs to hold 4.10
{cosmo} should hold 4.20
{cosmo} ...could heal
06* Threei slaps magoo around a bit with a large trout
{Threei} yep... feels really good
{magoo} morn..that was quick:)
{Threei} was aiming at the door, waiting for you to appear at the doorstep
{cosmo} always wait for the whites of their eyes, i say
{Threei} hehe
{Threei} ACAD was 3 earlier
{Threei} quite a bounce
{Threei} careful
{Threei} OK guys, take my calls as "getting feel back" for now
{Threei} half lot... etc
{Threei} ENER
{Threei} small shares long .90
{Threei} offer it here
{Threei} take profit, wait for pullback
{Threei} out +.60
{patience} that was fast, missed the entry...nice one vad
{Threei} :)
{Threei} up a buck from entry
{dptl} good morning all
{Threei} dp :)
{Roman} 21 OMNI
{Roman} 21 long small
{Threei} you lost your color Roman?
{Roman} 21 SEED
{magoo} is there neg news AAPL?
{Threei} nope
{Roman} 21 long EMKR
{Roman} 21 off 7.90
{Threei} SQNM
{Threei} .11 long
{Threei} tough one
{Threei} but looks like resumption
{Threei} stop under 14.80
{Threei} can take a few tries
{Threei} if takes .25, 16 is not out of question today
{dino} cpla sm l .00
{Threei} stopped
{magoo} me too
{magoo} gabbed .03
{Threei} - the topic is "Challenges for Health Care Reform"
{Threei} - there will be a prepared text and a Q&A.
{dino} cqb blood
{Threei} - This conflicts with earlier reports from US and UK officials.{
{Roman} 21 IVAN
{Roman} 21 long 3.06
{Threei} second try SQNM
{Threei} .71 long
{Threei} stop under .50
{Threei} half lot goes without sayng
{Roman} 21 long JASO
{Roman} 21 19.90 stop 19.68
{Threei} SDTH .44 long
{Threei} .34 stop
{dino} out cpla .50, +.50
{magoo} nicere dino
{dino} ty
{dino} cqb l sm .65, risky
{Threei} CSUN
{Roman} 21 CRDC radar, low vol
{Threei} .20 long
{Threei} no worky SQNM
{Threei} leaving it along for now
{magoo} yup..0 for 2 on it
{Threei} nice JASO Roman
{Threei} ty
{Threei} come on CSUN, catch up
{Roman} 21 out 1/2 .34
{Roman} 21 not bad
{Threei} not at all
{Roman} 21 CTDC
{Roman} 21 feel like can get a scalp but not clean setup
{Roman} 21 CTDC
{Roman} 21 CRDC
{Roman} 21 wants over $10
{judijim} good morning everyone
{Threei} jj :)
{Chaeron} Good morning all
{Threei} chaeron :)
{Chaeron} CSUN
{dino} acad sm l .50, risky
{Threei} XIDE
{Threei} interested in pullback to 14.90 for long entry
{Threei} watch for support and strength resumption
{Threei} if loses .90, no interest anymore
{Chaeron} 16.90?
{Threei} yeah
{Chaeron} what's 2 bucks? :)
{magoo} out jaso here, ty rfrf
{dino} gj
{Roman} 21 i am trailing my remaining position
{Roman} 21 WM trying
{dino} out cqb .10 +.45
{Roman} 21 FCEL got scalp in it
{magoo} crap vad..justt answered was ENER
{Threei} I knew it and didn't pick up the phone
{dino} fdp l sm .75
{Threei} what's entitlement spending?
{Threei} his salary?
{dino} acad stop to b/e
{dino} fdp stopped -.30
{Threei} SQNM, how to find an entry on this animal
{magoo} yeah...better as a bouncer i guyess
{Threei} yes, but there is no any indication of bottoimng out
{Threei} second attempt was for bounce
{Threei} and it went and made new low
{magoo} so we need to consider it fall farther than reasonable...i dunno
{magoo} is or does ENER usually range 7 points a day like bidu?
{Threei} usually, no
{Threei} but it's volatile one
{magoo} news on it?
{dino} acad stop to .68
{Threei} no
{Threei} just right sector
{magoo} 75 coming
{Threei} CSUN stop to under 11.10
{Threei} what just happened?
{Threei} regardless... half out CSUN here
{dino} acad to .79, slow one
{magoo} l aapl .30
{Threei} wake up guys
{Threei} did I go through all the torture over weekend only to hear you snoring?
{magoo} out AAPL .98
{magoo} + big
{Threei} wtg
{magoo} in no time
{dino} safm feels like drop coming
{magoo} shit laser got me 172
{Threei} and just in time for exit mags
{Threei} beautiful timing
{magoo} huh?
{Threei} what huh... I say great exit
{magoo} on what ?
{Threei} sigh
{magoo} he he
{hawkfan4} lol
{magoo} hey..thats for life lesson number 4 u posted earlier lol
{Threei} haha
{magoo} thought i missed that eh?
{dino} acad to .97
{dino} out acad +.47, at .97
{Threei} even if you missed it, I would make sure I repost it
{Threei} FEED
{Threei} half lot long .46
{Threei} stop under .20
{esemde} morning everyone..quick sign in to say and quick sign out....we are having sewer drain problems....pretty standard for Oak Bay Victoria...i'm sure patience can identify
{Threei} hi ese
{Threei} yikes... hope it gets fixed
{esemde} see ya'll tomorow....
{Chaeron} bye ses
{Chaeron} ese
{pita} later all
{Threei} take care pita
{magoo} nbye pita
{dino} that sucks es
{Threei} FEED stop to .35
{Threei} half out FEED .70
{Threei} +.24
{Threei} stop to .39
{Threei} offering second half .95
{Threei} RSOL?
{Threei} AAPL
{Threei} RSOL solar IPO in May
{Threei} atarted around 9
{Threei} atarted
{Threei} sigh
{Threei} strated
{Threei} lol
{magoo} sheesh
{Threei} CSUN new high
{Threei} stop to under .20
{Threei} FEED stop to .49
{Threei} no lose territory
{Threei} for adrenalin-deprived, RSOL .50 long
{Threei} if stays above .20
{Threei} I guess if SQNM breaks .80 again I'll just buy it and close my eyes
{magoo} rimm sh loss 139
{magoo} stop .23
{dino} cqb sm l .15 risky
{magoo} no work
{magoo} crazy strong rimm
{magoo} it will never ever pullback again..ever
{dino} ibkc
{magoo} out feed here vad .77 TY
{Threei} welcome
{Threei} I am still holding second half
{Threei} here is the description of what I felt this weekend:
{Threei} I prayed that my backup waorked. My prayers were answered. Too bad that answer was No
{Threei} is it me or charts are down?
{Threei} OK, back on chartserver 5
{Threei} stop to .55 FEED
{magoo} mine down
{Threei} quoteserver7, chartserver5 fine here
{magoo} no charts here any server
{dino} cqb stop is .97 fwiw
{magoo} anyone else no charts at all?
{Threei} who are you asking magoo? don't you see they are all asleep?
{dino} cqb stopped -.18
{magoo} wierd yours good my not
{Threei} tried 5/7?
{magoo} yup
{Chaeron} all good here
{Threei} maybe shut it down and restart mags? looks like it's on your end
{magoo} im gonna have to try that i guess
{Threei} out FEED in full .89
{Threei} +.43
{Threei} nobody cares... why am I still here
{hawkfan4} nice one vad, thx
{hawkfan4} :)
{Threei} OK... I am here for hawk
{hawkfan4} :), and i am going to get some lunch
{Threei} that's it
{Threei} I am going to get some lunch, dinner and tomorrow's breakfast
{Threei} lest I wake up anybody
{magoo} ok..thats got charts baclk
{Threei} :)
{Threei} whoa FEED
{Threei} out CSUN in full
{Threei} +.38
{Threei} another market spike is coming it feels
{magoo} dino just asked me...and i said feels up
{Threei} wires take typing lessons from me
{Threei} reporty... unacceptibly
{Chaeron} why... was it supposed to read: Fed Slacker...?
{Threei} lol
{Threei} FEED probably has another chance if takes .24 - .25 zone, as long as stays above 15
{magoo} u in feed?
{dino} sm l safm .256
{dino} .25
{magoo} my data real clunky today
{Threei} RSOL nears that dreaful trigger
06* Threei slaps laserdave1 around a bit with a large trout
06* Chaeron slaps laserdave1 around a bit with a large trout
{Threei} bth, laserheards (to use magoo's expression),
{Threei} you know you can set T&S so you see on which route trade took place?
{Chaeron} wow... is this the tip of the day? How so? What do I click on?
{Threei} right click on T&S
{Threei} check box ECN only
{Threei} watch prints scrolling with indication where print occured
{Chaeron} cool... thanks
{Threei} :)
{Threei} market spike
{hawkfan4} oil went negative
{Threei} I am not crying
{Threei} maybe I am just insensitive
{Chaeron} (or Threei short oil)
{Threei} nah
{Threei} this battle will occur without me
{Threei} although I am pretty sure it's a bubble about to burst, but timing is near impossible
{Threei} it can deliver a lot more pain before it finally breaks to pieces
{Threei} here is interesting question though:
{Threei} what will rate hike do to stock market?
{Threei} traditionally it's considered negative, right?
{Threei} shees CSUN... this one I sold too soon too
{Chaeron} shows that's there's economy strengthening?
{Threei} pleased that despite being out of arket for a few days I can pick strong winners though
{Threei} in this particular case though, we have another factor to consider
{Threei} rate hike strengthens USD, sends oil/gold down,
{Threei} which is a boost for stocks
{Threei} things are getting too complicated for my 2x4 thinking :)
{Threei} laserdave, look dcc please
{dino} rate hikes, historically the first 100 basis points we rally, it's the end of the cycle we drop, then rates drop too
{Threei} makes sense
{Threei} wow
{dino} yes, usually hikes occur because things are humming along
{Threei} see prints on SQNM chaeron?
{Threei} huge reserve on ISLD taken out
{Threei} not sure what practical use of this could be but it's fun to watch
{Threei} and I am all for fun
{Threei} heavens know I need it after this computer debacle :)
{Chaeron} yes.. thanks... nice to see.. and I like fun
{magoo} laser dcc when u can
{Threei} - Notes the weaker USD impact is a large risk to potential inflation
{Threei} IMO... Fed are trying to prop USD by verbal message for now
{Threei} signalling possibility of intervention or rate hike or both
{dino} safm stopped =.35
{Threei} if they suceed it will be be a vin-win
{Threei} if not, they'll try to start intervention on a small scale
{Threei} sending a message they are serious
{Threei} and trying to leverage it... reach big effect by small measures
06* magoo slaps laserdave1 around a bit with a large trout
{magoo} LASR DCC when u get chance
{dino} traditionally, the currency markets cannot be moved by intraventions, pops here and there, but currency based upon ecomony and traders, just too big for gov't to effect long term. remember japan in the 90's
{dino} will need higher rates, better economy to strengthen longer term. imo
{Threei} so far shaped up as very nice day, even with two SQNM stops
{hawkfan4} agree
{Threei} look who is here
06* Threei slaps GeoArb around a bit with a large trout
{GeoArb} hey vad
{Threei} :)
{GeoArb} just a quick hello
{Threei} hi
{GeoArb} cant open up a dcc for some reason
{Threei} I just did
{GeoArb} bye all and trading wishes !
{Threei} - Notes the timing of taking back Fed eases is 'tricky', will take several months to know how consumer spending has been trending
{Threei} see, we so much stuff, we spill it on the ground
{fernp} I have to go out. See you tomorrow. have a good nite
{Threei} take care fern :)
{dino} take care
{magoo} bye femp
{judijim} take care be back tomorrow
{dino} cya
{magoo} bye jj
{magoo} vad,what u think?powerup?
{Threei} most likely
{magoo} u stalking anythin?
{Threei} just waiting for something to come up
{Threei} none of previous runners look primising
{Threei} except maybe FEED
{dino} clunky and dead out there
{Threei} yup... good thing morning was active enough to provide
{dino} yes, afternoon is toast
{magoo} yeah..if u snooze u looze
{Threei} look who is back from dead
{Threei} QTWW
{Threei} discussion of hydrogen cars on TV
{Threei} quite interesting
{dino} .
{dino} having dsl issues
{Threei} you and magoo take turns connecting and losing connection again dino
{Threei} I guess that was caused magoo to lose quotes earlier
{dino} yes, cyber out, whole trade layout gone, have to re-load everything. done trading for today. good one, luclily
{Threei} layout is not saved on your machine?
{dino} usually is, for some reason gone.
{dino} in any case, later all, have to fix this
{Threei} take care dino
{dptl} have a good evening all
{dino} ty\
06* Threei slaps dptl around a bit with a large trout
{dptl} :)
{Threei} thank you all
{Threei} have a good evening, see you tomorrow
{hawkfan4} thx vad

Saturday, June 14, 2008

Thursday and Friday

My apologies for the absense of trading logs over last two days.

Major computer crash with avalanche of problems chasing each other had kept me from participation over last two days. Things get back to normal and Monday promises to be a normal trading day.

Thank you for patience and understanding.

Wednesday, June 11, 2008

Jun 11 2008

Session Start: Wed Jun 11 00:00:00 2008

[08:28] {Threei} - Member considering lower speed limits to curb oil demand
[08:28] {Threei} - The world is facing an oil crisis
[08:28] {Threei} - OPEC cannot do much to curb oil prices
[08:31] {hawkfan4} good morning
[08:31] {Threei} good morning hawk
[08:31] {Threei} CSIQ
[08:33] {Threei} SPIR
[08:39] {magoo} mshjkjvhskhjhsksh : )
[08:41] {hawkfan4} lol :)
[08:45] {_3579} hello
[08:47] {magoo} morning 33579:)
[08:48] {Threei} magoo, 3579 :)
[08:48] {stevefo} all right, let's see what today brings
[08:48] {Threei} morning steve
[08:48] {Threei} TBUS
[08:48] {Threei} - Co announced today that the Company's Mobitec Group subsidiary in Sweden has received through its 50% owned joint venture in Brazil an order for Mobitec electronic destination sign systems for the bus fleet in Montevideo, Uruguay, valued at approximately $650K
[08:49] {Threei} is it those electronic signs on buses "sorry, I am not in service"?
[08:50] {Threei} AGU big earnings, gap... may lift other agri stocks
[08:51] {Threei} FEED, SEED, COIN are candidates to keep an eye on
[08:52] {Threei} CRDC on watch for momo continuation
[08:52] {Threei} IGTE on watch for consolidation and break of 9
[08:55] {fernp} Good morning
[08:57] {Threei} fern :)
[08:57] {dptl} good morning all
[08:58] {Threei} dp :)
[09:00] {kazaam} good morning
[09:00] {Threei} kaz :)
[09:08] {cosmo} DIOD
[09:08] {cosmo} 29 pre mkt high
[09:08] {Threei} 08:30am [DIOD] Guides Q2 R $114-117M v $104.3Me (prior guidance $100M-$106M)
[09:11] {Threei} if IGTE sets up, will not be a scalp for me
[09:11] {cosmo} ALVR 8.20 high far
[09:12] {Threei} don't let me keep you from taking profit as you see fit, but you may want to consider partialling out, this type of break has bigger potential
[09:16] {_pavel} Good morning
[09:16] {Threei} pavel :)
[09:17] {dino} gm all
[09:17] {Threei} dino :)
[09:21] {Threei} CRDC, I'll be interested if it sits quietly for a while, then approaches high and breaks with frenzy
[09:22] {magoo} allZ i know is today better be easier than yesterday...
[09:23] {Threei} hey, nobody promised EASY
[09:23] {Threei} is "profitable" not enough for ya? :)
[09:23] {Admin} pavel, look your dcc please
[09:27] {magoo} i was up good..but hey, many vises here..including greedy and lazy
[09:27] {Threei} ummm
[09:27] {Threei} are those bad traits?
[09:29] {magoo} u just getto work boss lol
[09:30] {Threei} no way
[09:32] {Roman} 21 COIN
[09:33] {Threei} PSUN
[09:33] {Threei} .15 long, stop under 10
[09:34] {Threei} FEED half lot long on .30 break
[09:36] {Threei} FEED stop under .20
[09:36] {Threei} PSUN can be trailed ro .04, for scalpers to .09
[09:39] {pita} gm everyone
[09:39] {esemde} morning
[09:39] {Threei} FEED invalidated as break but aggressive entry makes sense here, just keep size smallish
[09:39] {Threei} pita, ese :)
[09:39] {dptl} out .30 psun ty
[09:40] {Threei} welcome
[09:41] {Threei} COIN trying
[09:42] {esemde} SPLS.....
[09:42] {Threei} FEED is not playing
[09:43] {Threei} AMLN
[09:43] {Threei} watching for a little bounce, then breakdown of 27 short
[09:44] {Threei} stop above 27.10 for scalpers
[09:44] {dino} out fstr yesterday holdover/clean-up, sm, 34.77 +1.07
[09:44] {Threei} 27.20 for a day trade
[09:46] {Threei} firmly over 1:1 now PSUN
[09:46] {Threei} half out .37
[09:47] {Threei} AMLN cover half, scalpers take profit
[09:48] {Threei} stop to 27.05 for the balance
[09:49] {Threei} PSUN out in full .48
[09:52] {Threei} IGTE disappointing
[09:52] {Threei} off watch
[09:53] {Threei} NCOC again or what
[09:53] {Threei} Roman, you played it... any thoughts?
[09:54] {Roman} 21 not clear
[09:54] {Threei} ty
[09:54] {Threei} can't quite make up my mind about it either
[09:56] {Threei} AMLN stop to .91
[09:56] {fernp} BRCD
[09:57] {Threei} 1/4 more out AMLN
[09:58] {Threei} stop to .81
[09:59] {Threei} now, be a good boy AMLN and flush down the drain in one swoop
[10:00] {Threei} PSUN, that was a good exit eh
[10:02] {Threei} ACOR
[10:02] {Threei} half lot .25 long
[10:03] {Threei} risky one, maybe even smaller than half lot
[10:04] {Threei} stop to .61 AMLN
[10:04] {Threei} tempted to cover and greed gets better of me
[10:04] {esemde} levels too thin for me Vad
[10:05] {esemde} acor that is
[10:05] {Threei} yeah, that's why size limitation
[10:06] {peterg} out AMLN at .61 + 30!
[10:06] {Threei} wtg peter
[10:06] {peterg} ty
[10:06] {esemde} gj peter
[10:06] {peterg} tks
[10:07] {Threei} still in training mode or this one was real?
[10:07] {peterg} only report real deal
[10:07] {Threei} cool beans
[10:07] {Threei} beautiful flucs AMLN
[10:07] {Threei} I am out in full .25
[10:08] {Threei} +.72
[10:08] {Threei} I think
[10:08] {Threei} will do math after school
[10:08] {Threei} oil inventory numbers in 22 minutes...
[10:09] {Threei} anyone knows what "flucs" is?
[10:09] {hawkfan4} amln nice vad, thx
[10:09] {Threei} hawk :)
[10:11] {dino} cracking steels again
[10:11] {Threei} LEH carnage continues
[10:12] {Threei} ACOR is holding under 2 days high so far, oblivious to selling
[10:13] {dino} matk s sm .01
[10:13] {Threei} getting ugly out there
[10:14] {stevefo} acor
[10:14] {Threei} OK ACOR
[10:14] {Threei} let's see what you are made of
[10:14] {Threei} stop is either under .10 or under 31, depending on your objectives and risk tolerance
[10:15] {dptl} out +.23 ty acor
[10:15] {Chaeron} good morning eveybody
[10:15] {dino} cenx sm l .67
[10:15] {Threei} nice scalping footwork dp
[10:15] {Threei} chaeron :)
[10:16] {dptl} :)...ty
[10:17] {dino} gj
[10:22] {Threei} ACOR, if you are holding stil - stop to under .20
[10:22] {Threei} oil numbers in 8 min
[10:24] {magoo} can't be gopod
[10:24] {magoo} good
[10:25] {Threei} really?
[10:25] {Threei} dollar killed by Fed has nothing to do with it?
[10:26] {dino} out cenx .09 +.42
[10:26] {Threei} wtg dino
[10:27] {dino} nue fast fall
[10:27] {dino} ty
[10:28] {dino} waiting around lod
[10:28] {Threei} staying on a sideline until after market digests oil inventories
[10:28] {Threei} 3 1/2 winners is enough for a firsat hour?
[10:29] {Threei} I mean excpet for magoo for whom 25 would not be enough
[10:29] {stevefo} 2nd day much much better
[10:29] {Chaeron} good to hear steve
[10:30] {dino} gj steve
[10:31] {dino} nue sm l .25 wide, risky
[10:31] {Threei} where are the numbers
[10:32] {dino} matk won't drop tighten to .11
[10:32] {Threei} I feel number-deprived
[10:32] {fernp} this morning much better than yesterday. Thanks for AMLN vad
[10:33] {dino} gj fernp
[10:33] {Threei} uh oh... GS goes bankupt?? :)
[10:33] {Threei} fern :)
[10:33] {dino} ]matk stopped -.10
[10:34] {dino} gs, nah, but then again
[10:34] {Threei} oh, it's 9:35 now
[10:34] {Threei} moved from 9:30 for some reason
[10:35] {Threei} DOE CRUDE: -4.56M V -1.5ME;
[10:35] {dino} gs march low around 140 fwiw
[10:35] {Threei} GASOLINE: +1M V +1.3ME; DISTILLATES: +2.28M V +1.8ME;
[10:35] {_jdavis} good or bad ?
[10:36] {Threei} disgusting
[10:36] {dino} lol, i just asked magoo same jdavis
[10:36] {dino} out nue .95 +.70
[10:36] {Chaeron} nice dino
[10:36] {dino} ty
[10:36] {magoo} the perception will depend on how the market percieves this info
[10:37] {Threei} oil is moving up
[10:38] {dino} i know, how about we just ignore it and tape read
[10:38] {dino} cent lod
[10:43] {dino} de hitting april lows
[10:47] {dino} watching de, fwlt, nue
[10:48] {Chaeron} "Sources say the super-rich Abu Dhabi Investment Council is negotiating an $800 million deal for a 75 percent stake in the Art Deco treasure that has defined the Midtown skyline since 1930.
[10:48] {Chaeron} ... that's the Chrysler Building - Empire State to you and me
[10:49] {magoo} long aapl here .85
[10:49] {magoo} risky
[10:49] {dino} de sm long risky .60
[10:51] {dino} wish i owned it
[10:51] {Threei} JRCC
[10:51] {Threei} small shares long
[10:52] {magoo} .49 is aapl stop
[10:52] {magoo} in small
[10:52] {_jdavis} wot price vad
[10:52] {Threei} break of .89 trigger
[10:52] {Threei} stop .65
[10:52] {Threei} very risky one, small size
[10:53] {Threei} no worky
[10:53] {_jdavis} stopped ?
[10:53] {magoo} filled and killed
[10:53] {dptl} ouch... stopped
[10:53] {_jdavis} that was quick
[10:55] {_jdavis} what trading tool everyone is using here ?
[10:55] {magoo} this market is going green today...i know nuts..but a feeling
[10:55] {dino} kind of vads' problem too quick
[10:56] {Threei} lol
[10:56] {dino} :)
[10:56] {Threei} can't win, can I... slow stock, magoo is unhappy.. quick one, someone else is
[10:57] {dino} sometimes ya gotta say "f it" can't say can't do it
[10:57] {dino} i threw him in de, he's ok
[10:58] {_jdavis} good call on de
[10:58] {_jdavis} what was the strategy there dino ?
[10:58] {magoo} true..i doNOT like anything that takes over 3 minutes bvad
[10:59] {magoo} AAPL u got .,35 cents
[10:59] {dino} multi-week low, 3 bucks down
[10:59] {magoo} still in'
[10:59] {dino} not much thinking going on w/dino trades
[10:59] {dino} de stop to .20
[10:59] {magoo} ill attest to that
[11:00] {dino} want big drops, big pops
[11:01] {Admin} jdavis, look your dcc please
[11:01] {dino} out de .30 +.70
[11:03] {judijim} good morning everyone
[11:04] {Chaeron} gm jj
[11:04] {magoo} out aapl here .30, +.45
[11:04] {Threei} hi jj
[11:05] {dino} gj
[11:05] {magoo} l rimm here .20
[11:05] {dino} coffe break
[11:05] {magoo} sorry..i enter then tyupe and fast
[11:05] {magoo} up dimes
[11:07] {magoo} sigh..stopped anyway
[11:07] {magoo} .98
[11:08] {magoo} long aapl .84
[11:09] {magoo} stop .48 small
[11:10] {Threei} things kind of narrowed
[11:10] {Threei} looking at WIND...
[11:10] {Threei} somewhat slow
[11:10] {Threei} .91 maybe worth a try
[11:11] {Threei} stop is under .85 for hard core scalpers, under .80 for just scalpers
[11:12] {dino} as jim carey would say....b e a utiful on de magoo
[11:12] {Threei} ROYL?
[11:12] {magoo} aapl needs the market
[11:13] {magoo} so depends how mkt resolves hrere
[11:13] {Chaeron} trying
[11:13] {Threei} if ROYL continues moving,watch OMNI for possible following
[11:13] {magoo} i think mkt going green today...but i am not magoo amightyl
[11:13] {Threei} no???
[11:14] {Threei} this is very disappointing
[11:14] {magoo} indeed it was when i found out...tried walking on water thingy:)
[11:15] {magoo} long rimm ,65
[11:19] {magoo} aapl no work...dam..looked good too
[11:20] {Roman} 21 SOLF
[11:20] {Roman} 21 watching long
[11:21] {magoo} rimm no work
[11:21] {magoo} watch out for me today..i suk
[11:22] {dino} still in de?
[11:23] {magoo} yes
[11:24] {magoo} that was a beauty dino
[11:26] {dino} you did much better than i
[11:26] {dino} too tight, dji always takes my tight stops
[11:27] {magoo} out hrer .15
[11:27] {dino} gj
[11:27] {dptl} ah...stopped wind
[11:28] {dino} watchin nue cenx alex
[11:29] {Threei} - the ECB's Stark will also appear at the Boston Fed conference discussing the Phillips Curve
[11:30] {dino} lod's
[11:36] {dino} sm l cenx .60
[11:36] {dino} needs mkt help
[11:38] {Threei} about time
[11:39] {stevefo} like asking a barber if you need a haircut
[11:39] {dino} lol
[11:40] {Threei} takes almost total financial system meltdown to see the conflict of inbterest in that?
[11:40] {stevefo} sadly
[11:42] {stevefo} and add on front-running of clients' orders and packaging worthless debt as securities and we have a very nice group of banks on Wall St. at the moment
[11:42] {stevefo} and throw in analyst "grading" for good measure
[11:42] {Threei} now, am I proud to scalp the heck out of them - you bet I am
[11:43] {esemde} long pten 33.35
[11:43] {dino} nothing changes vad it was the same in liuvermoores' time
[11:43] {Threei} pretty much... but what Fed did since then is a disgrace
[11:44] {esemde} stop .24
[11:44] {esemde} full lot
[11:45] {stevefo} Let's proudly take their $.25 and sometimes dollar-bills....Give me a bulldozer full of loose change any day of the week
[11:46] {Threei} ese is about to do just that
[11:47] {esemde} out PTEN .54
[11:47] {Threei} nice and easy
[11:47] {Threei} wtg
[11:47] {magoo} nice
[11:48] {esemde} +.19 on a full lot....i'll take it
[11:48] {Threei} ese, I gotta tell you... change in your trading is nothing short of dramatic since we first talked
[11:48] {esemde} tks
[11:48] {dino} cenx stopped -.37
[11:48] {esemde} thanks Vad.....I'm doing a ton of trading but i'm trying to trade smart
[11:49] {esemde} sorry tha NOT doing a ton of trading
[11:49] {dino} what the heck, now 25 cents higher
[11:49] {Threei} full switch from traditional "research" thingy to "see setup-take setup"
[11:49] {esemde} I like this type of trading much better
[11:50] {esemde} wish i could do more of it
[11:50] {Roman} 21 SOLF & JASO
[11:50] {Roman} 21 CSIQ small off 37.5
[11:50] {dino} i see it too es, fwiw...gj
[11:50] {esemde} my schedule at school and with my professional band limits what i can do
[11:51] {esemde} thanks dino
[11:52] {dino} cpla fast drop, thinny
[11:53] {magoo} i hate to say it but JRCC looks like coiling vad
[11:54] {Threei} true... just hard to cope with its volatility
[11:54] {magoo} yes
[11:54] {magoo} but
[11:58] {Threei} wow PTEN
[11:59] {Threei} nice find
[12:00] {Threei} that was so not nice of you JRCC
[12:02] {magoo} how well u know me?
[12:02] {Chaeron} dang. makes me mad
[12:03] {Chaeron} *sigh* let's find another one so we can forget it, ok?
[12:03] {Threei} forget what?
[12:03] {Chaeron} exactly
[12:03] {magoo} huh?
[12:04] {magoo} i need it to eat .25
[12:04] {magoo} there
[12:13] {dino} markets can't decide up or down
[12:14] {magoo} working too hard
[12:14] {dino} stxx
[12:14] {dino} bit spready
[12:17] {stevefo} gotta go to an appt., see everybody back this afternoon
[12:18] {Chaeron} bye steve
[12:18] {Threei} we will be here steve
[12:24] {dino} ouch cenx, a bit of capit
[12:26] {Threei} JRCC, I forgot about you but I hate you
[12:29] {Chaeron} quit reminding me
[12:32] {Threei} INGN
[12:36] {Threei} if NQ loses 1940 we are likely to get another flush
[12:37] {Threei} I don't see clean stock to follow that break if thast occurs... probably QID is the best way to try it
[12:37] {Threei} long if breaks .90
[12:44] {dptl} stop?
[12:44] {Threei} what stop
[12:44] {Threei} take profit or partial
[12:44] {Threei} :)
[12:45] {dptl} :) out +.12 ty
[12:46] {Threei} :)
[12:48] {peterg} out INGN +.0042
[12:49] {dino} ndx -6% from thursday
[12:49] {Chaeron} hope it was a lot of shares :)
[12:49] {peterg} gotta laff
[12:49] {dino} :)
[12:50] {dino} watching cenx, cpla, alex fwiw
[12:54] {dptl} lol...
[12:54] {dptl} .hoft name of the company "hooker furniture"
[12:54] {dptl} lol
[12:54] {Threei} sheesh... really
[12:54] {dptl} ye
[12:55] {Threei}
[12:55] {Threei} mama
[12:55] {Threei} MAKE EVERY INCH COUNT
[12:55] {Threei}
[12:55] {Threei} from their website
[12:55] {dptl} roflol
[12:56] {Threei} wait for me, I need to gather myself part by part picking them of the floor
[12:57] {dino} kind of convenient
[13:00] {dino} fwlt sm l .80, wide risky
[13:07] {dino} alex sm l .90
[13:11] {Threei} .84 short QID
[13:11] {Threei} high of this bounce will define the stop
[13:12] {Threei} over .95 will be invalidated
[13:12] {Threei} PPT is asleep at the switch
[13:12] {Threei} time to prop the market
[13:12] {Threei} .92 stop
[13:13] {Threei} you don't say feldstein
[13:15] {dino} genius
[13:23] {Threei} stop QID
[13:23] {dptl} stoped
[13:24] {magoo} stopped
[13:24] {peterg} yep
[13:24] {Threei} not a bounce time yet
[13:34] {Threei} market totally flatlined
[13:34] {Threei} will resolve sharply one way or another
[13:34] {Threei} my feeling is down... but not ready to act on it, honestly
[13:35] {dptl} ccrt?
[13:35] {Threei} too big chance of a few more shakeouts before market pick direction
[13:35] {Threei} nah dp
[13:35] {dptl} ok
[13:35] {Threei} it's just some rebound after yesterday's disaster
[13:43] {stevefo} hey all, looks like I didn't miss much
[13:43] {Threei} nope
[13:43] {dptl} gw?
[13:43] {Threei} market was waiting for you
[13:44] {dptl} too narow
[13:44] {Threei} GW is the one we talked about yesterday...
[13:44] {Threei} got $9 offer
[13:44] {Threei} trades higher probably in expectation of competing offers
[13:44] {Threei} no idea, it's not a technical play
[13:45] {dptl} ok ty
[13:54] {dino} out alex .04 +.14
[13:54] {magoo} watching out for 2 p.m sell off
[13:55] {dino} rally at 2
[13:56] {Threei} OK... I'll throw my forecast in too: we stay right where we are
[13:56] {Threei} now we have all grounds covered
[13:56] {dino} indeed
[13:58] {Threei} Beige book is coming
[13:58] {stevefo} dow just jumped up and down a total of 27 points in less than a min
[13:59] {Threei} - Notes that employment hiring is 'spotty', some costs being passed through to customers
[14:00] {Threei} - Retailers reported mixed results in final good price rise
[14:01] {Threei} MAY MONTHLY BUDGET STATEMENT: -$165.9B V -$165BE
[14:02] {Threei} - vote was 9 to 6 to keep the moratorium in place
[14:03] {Threei} - Districts seeing rising export demand
[14:03] {Threei} - Seeing Credit quality deteriorating or expected to deteriorate in some distrcits,. real estate market weak across most districts
[14:03] {dino} sm l cpla thin, .15
[14:04] {Threei} I win
[14:04] {Threei} little pop, little dop, back right where we were
[14:05] {Threei} - Three disctrits note economy as softer weaker and lower, five districts note little change in conditions, four saw 'sluggish growth
[14:14] {dino} seems more of rally, about 40 points
[14:27] {_3579} hello
[14:27] {Threei} hi
[14:28] {dino} welcome
[14:28] {_3579} thanks just thought I lost my connection
[14:28] {Threei} no, we just fell asleep
[14:29] {Threei} happens to us now and then
[14:29] {_3579} lol
[14:29] {Threei} PRXI?
[14:29] {dino} what did you call me?
[14:30] {Threei} CNBC pump
[14:30] {Roman} 21 long CBAK
[14:30] {Roman} 21 small
[14:30] {Roman} 21 5.06-08 area
[14:31] {stevefo} I created an Intelliscan "stocks trading in an unreadable pattern" alert and it's quite full right now
[14:32] {Threei} lol
[14:33] {_jdavis} what kind of exit price u lookin at Roman on CBAK
[14:36] {magoo} 2:30 sell?
[14:37] {Threei} PRXI... if this thing consolidates here and takes 5 again, has a chance to become today's CRDC
[14:37] {dino} magoo, your clock is slow
[14:51] {Threei} so far so good PRXI
[14:54] {dino} cenx sm l .96
[15:02] {Threei} under .80, not as good
[15:05] {dino} cpla stop to .22
[15:07] {dino} out
[15:07] {dino} +.07
[15:10] {judijim} take care everyone, be back tomorrow
[15:12] {Chaeron} rimm?
[15:14] {Chaeron} nope
[15:18] {Threei} look at this flatline
[15:18] {Threei} [13:56] {Threei} OK... I'll throw my forecast in too: we stay right where we are
[15:18] {Threei} lol
[15:19] {dino} cenx stop
[15:25] {magoo} '
[15:25] {magoo} are we here?
[15:25] {Threei} well
[15:25] {Threei} define here
[15:28] {dino} power surge
[15:29] {magoo} is laser up?i can;t get in
[15:29] {Threei} it's fine
[15:29] {Chaeron} I'll trade for you mags!!!
[15:33] {kazaam} chop, chop, alright see everybody tomorrow
[15:33] {dino} later kaz
[15:33] {Threei} take care kaz
[15:38] {_3579} threei are you vad
[15:40] {Threei} yes sir
[15:40] {_3579} the online course, is that a live course or i can do it on my own time
[15:40] {Threei} on your own
[15:42] {Threei} not sure what you mean by live course :)
[15:44] {_3579} thank you if i order the best value offer how soon will i recieve it and how do i postpone the 60 day live trading room
[15:44] {Threei} online course will be available right away,
[15:44] {_3579} step one is an online course
[15:45] {Threei} sipped part usually takes about 5 working days within North America,
[15:45] {Threei} often less, but official promise by post is 10 days
[15:45] {Threei} and to postpone room time simply send e-mail to
[15:46] {_3579} but you can start the online course as soon as you pay?
[15:46] {Threei} of course
[15:46] {_3579} thank you for your help
[15:46] {Threei} no problem :)
[15:46] {Threei} see magoo? I can be nice
[15:49] {dino} doug kass, rumoprs hedge funds liquidating
[15:49] {Chaeron} yeah but nice to *magoo*....
[15:50] {Threei} uh oh
[15:53] {dino} calling it a day all, good one thx
[15:54] {Threei} take care dino
[15:54] {Threei} morning was nice
[15:54] {Threei} after that, threading water
[15:54] {stevefo} sitting here short on HA, if not a laugh, been good for a smile this afternoon
[15:54] {dino} morning was very good, p.m. was slightly down, just shy target. so fine
[15:55] {Threei} from what price steve?
[15:55] {stevefo} 6.92
[15:55] {Threei} nice
[15:56] {stevefo} not going to hold overnight though, just don't know enough
[15:57] {Threei} 6.50 is support... I'd cover here
[15:57] {stevefo} done! out at .54, plenty enough for me
[15:59] {Threei} thank you all
[15:59] {Threei} have a good evening, see you tomorrow
[16:00] {stevefo} good afternoon all
[16:00] {dptl} have a good evening all
[16:00] {peterg} bye
[16:04] {magoo} good night

Tuesday, June 10, 2008

Jun 10 2008

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

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

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

Monday, June 9, 2008

Jun 09 2008

Session Start: Mon Jun 09 00:00:00 2008

[08:01] {Threei} LEH
[08:01] {Threei} - Today's rating action follows Lehman's reporting of a $2.8B net loss in Q2-08 that resulted from a combination of asset valuation marks and a sharp decline in hedge effectiveness, which had previously buffered Lehman's bottom line from material losses. Moody's notes, however, that the firm would have been just above breakeven in the first quarter of the year if gains on its structured notes were excluded from income.
[08:01] {Threei} - Concurrent with its earnings announcement, Lehman will seek to offset the negative capital impact of the loss by issuing $4B of new common shares and $2B of 3-year mandatory convertible preferred stock. Moody's views the capital raise, in conjunction with balance sheet de-leveraging/de-risking, as a positive step in bolstering both the balance sheet and investor confidence.
[08:02] {Threei} 06/09/08 06:48am
[08:02] {Threei} [LEH] Lehman Brothers Holdings Inc Reports Q2 -$5.14 v -$0.22e, R -$668.0M v $2.62Be; Plans to raise $6B in capital (as expected)
[08:02] {Threei} - CEO: "Very disappointed in these results."
[08:02] {Threei} - Grew holding company liquidity pool to an estimated $45B from $34B at the end of the prior quarter.
[08:03] {Threei} - Decreased gross assets by approximately $130B and net assets by approximately $60B.
[08:03] {Threei} - Reduced gross leverage to under 25.0x from 31.7x at the end of Q1, and reduced net leverage to under 12.5x from 15.4x
[08:03] {Threei} - Reduced exposure to residential mortgages, commercial mortgages and real estate investments by an estimated 15-20% in each asset class.
[08:04] {Threei} 06/08/08 11:02pm [LEH] Lehman Brothers Holdings Inc South Korea's Korean Development Bank and Woori say they do not plan to help Lehman raise capital
[08:05] {Threei} ROYL
[08:05] {Threei} - . Funds from the offering, expected to close later Monday, will be used for general working capital that will allow the company to accelerate drilling and development on several key projects ultimately leading to enhanced cashflow performance.
[08:05] {Threei} - The terms of the agreement include the sale of 547,945 shares at $7.30 with warrants for an additional 191,781 shares at the same price.
[08:26] {Threei} - nnounced that a jury verdict in United States District Court for the Northern District of California in the case of Betty Lou Heston, et al. v. City of Salinas, TASER International, Inc., et al. found that the extended duration of a TASER ECD contributed 15 percent to the death of Robert C. Heston on February 19, 2005. While the jury attributed 85 percent of the cause of death to the
[08:26] {Threei} actions of the decedent, the jury awarded $1,021,000 in compensatory damages and $5,200,000 in punitive damages against TASER International based on alleged negligent failure to warn. The jury verdict was delivered Friday evening.
[08:27] {Threei} to my knowledge this is a first case where Taser is found responsible
[08:27] {Threei} may open a floodgate
[08:27] {Threei} - Oil supply is largely sufficient; Price rise is not the result of a supply shortage
[08:44] {Threei} quite an interesting read:
[08:44] {Threei} According to the Wall Street Journal, on Friday, the top finance official for the UK's opposition party met with the Fed's Bernanke. The report said that both parties discussed ways to prevent a repeat of the credit crisis. According to sources in Washington, the Financial Times wrote, US officials are concerned about the recent rise in the EUR/USD pair following Trichet's surprise comments last week. Some US officials believe that an ECB rate hike will undermine efforts to prevent the USD from falling further against the EUR. The article adds that currency fluctuations are expected to be discussed by the G8. The UAE Central Bank Chief said overnight that the GCC currency could be delayed beyond 2010, due to inflation. The Central Bank Chief added that the Dollar will remain currency of choice in sovereign foreign exchange reserves. Liam Halligan wrote in the Telegraph overnight that a decade on, the Euro-Zone is still enduring the co-ordination problems that have bedevilled it from the outset.
[08:44] {Threei} France is set to grow almost 2% this year, Italy barely at all. The credit crunch has sent Spain into a tailspin, but Germany will probably muscle its way through. So where should the ECB set interest rates? Trichet hinted last week that with Euro-zone inflation now at 3.6% rates may need to rise. That may suit inflation-averse Germany, but it could crucify debt-driven nations such as Italy, Spain and Ireland. The ECB's policy headaches just got even worse. Trichet's clear signal on rates caused the Euro to rise, which sent the dollar crashing. However, that dollar fall, in turn, sent oil spiraling all the way to $139 a barrel. That, of course, raises Europe's energy costs, so provoking more Euro-zone inflation.
[08:45] {Threei} Trichet merely compounded the problem he was trying to solve. As the downturn deepens, and political tensions rise, the policy needs of the region's very different major economies - to say nothing of the little ones - will somehow need to be reconciled. That is why I genuinely believe the euro may ultimately not survive. Currency unions have endured only when - like the UK and US - they've been fused after generations of political union and held together by a federal tax system. The euro, in contrast, is built on a series of policy conflicts, confusions and even delusions.
[08:48] {Threei} LEH
[08:48] {Threei} - conv. offering to have 8.75% coupon with an 18% coversion premium
[08:49] {magoo} morning
[08:49] {Threei} magoo :)
[08:57] {magoo} quite alot to read this morn in room
[08:58] {Threei} yeah, I am trying to make sure our intellectual degradation is not too pronounced, and we at least keep our reading abilities intact
[08:58] {Threei} also, big bird is back... gotta give him something to do after prolonged vacation :)
[08:59] {Raven} 3 sigh ... the same old bs I see
[08:59] {Threei} yes sir :)
[09:00] {Threei} can't dissapoint you, ca we
[09:00] {cosmo} spell chek?
[09:00] {Raven} 3 nothing changes ... it just gets recycled
[09:00] {Threei} and that's the way we like it
[09:00] {Raven} 3 chek ... ? hi cosmo :)
[09:01] {Threei} in the sea of change, there should be one island of stability
[09:01] {cosmo} it fits the :)
[09:01] {Raven} 3 oh yea
[09:01] {dptl} good morning all
[09:01] {Raven} 3 stability is relative ... eh cosmo ?
[09:01] {Threei} dp :)
[09:01] {Raven} 3 dp :)
[09:02] {cosmo} not my relative
[09:02] {dptl} :)
[09:02] {Raven} 3 lol
[09:02] {cosmo} so... how was the black forest?
[09:03] {Raven} 3 Great Dismal Swamp ... most satisfying
[09:03] {cosmo} happy for ya
[09:04] {Raven} 3 yes ... the mosquitos are also
[09:04] {cosmo} oh
[09:04] {Raven} 3 but that problem can be solved
[09:04] {cosmo} drink lots of rum?
[09:05] {Raven} 3 always
[09:05] {Raven} 3 binoculars work quite well thru mosquito netting
[09:05] {Raven} 3 never tried that before
[09:06] {cosmo} just keep a low f stop...
[09:06] {cosmo} i think
[09:07] {Raven} 3 f-stop ... on binos ? whatever
[09:07] {Threei} LEH all over the place today
[09:09] {magoo} R
[09:09] {magoo} A
[09:09] {magoo} V
[09:09] {magoo} E
[09:09] {magoo} N
[09:09] {magoo} LEH 10 am conf call
[09:09] {Raven} 3 hey M a GGG oo OOOOOOOOOOOOOOOOOO
[09:10] {cosmo} VRTX
[09:11] {cosmo} trys to hold 34.50
[09:11] {cosmo} tries
[09:11] {fernp} Good morning
[09:12] {Threei} fern :)
[09:12] {Threei} be back in 5
[09:20] {Threei} LEH
[09:23] {cosmo} VRTX 35 ...gonna test
[09:23] {cosmo} imho
[09:24] {Threei} PAAS
[09:26] {Threei} XIDE
[09:26] {Threei} 06:20am [XIDE] Reports Q4 $0.80, R $1.03B v $1.04Be (only one estimate)
[09:29] {dino} gm all
[09:29] {Threei} dino :)
[09:31] {magoo} would LEH drop to 28?
[09:31] {magoo} ui woyul;d think
[09:31] {Threei} watching TASR for short on bounce
[09:31] {Threei} not available
[09:32] {Threei} 08:35am [SWKS] Price Target raised to $15 from $11 at Morgan Stanley; Maintains overweight rating
[09:32] {Threei} 11 looks worth a try long if gets hit
[09:34] {Threei} XIDE
[09:34] {Threei} small shares long off 18 support
[09:35] {Threei} get out here if you got it
[09:35] {magoo} missed..tried 06
[09:35] {Threei} didn't leave any time to think
[09:35] {magoo} nice read tho
[09:36] {magoo} RIMM interesting for bounce
[09:36] {Threei} nvtl
[09:37] {Threei} keeping an eye on it, not sure of a play yet
[09:37] {Threei} aggressive play would be 12.06 long
[09:38] {Threei} with .94 stop/invalidating level
[09:38] {magoo} in rimm l .23
[09:39] {dino} ma getting hit
[09:40] {magoo} stopped RIMM ouch
[09:41] {Threei} SWKS invaliadted
[09:42] {Threei} PAAS
[09:42] {Threei} .82 - .83 long
[09:42] {Threei} entry off pullback is usually better on this one
[09:42] {Threei} half lot
[09:43] {dino} feels heavy
[09:43] {Threei} first strength from here
[09:43] {dino} market i mean
[09:43] {magoo} in .50
[09:43] {Threei} stop under .40
[09:44] {Threei} lol
[09:44] {Threei} LEH
[09:44] {dino} mer, hearing defended by leh next
[09:44] {Threei} yup
[09:45] {Threei} LEH phone call to MER: hey, I forgot whose turn to defend whom today
[09:45] {dino} bingo
[09:46] {esemde} good morning....
[09:46] {Threei} ese :)
[09:46] {dino} dino downgrading magoo
[09:47] {esemde} major sell...
[09:48] {dino} :)
[09:48] {Threei} AKAM half lot long
[09:48] {Threei} .50
[09:48] {Threei} stop .35
[09:51] {Threei} half out PAAS here
[09:53] {Threei} NQ nice uptick
[09:53] {Threei} come on AKAM
[09:54] {Threei} good boy
[09:57] {Threei} they got more sophisticated
[09:57] {Threei} three of them now defend each other in circle fashion
[09:58] {esemde} longAMLN ..67 1/2 LOT
[10:00] {Threei} APRIL PENDING HOME SALES (M/M): 6.3% V -0.4%E
[10:01] {Threei} PAAS balance stopped
[10:02] {dino} ma l 288
[10:02] {dino} fast
[10:03] {Threei} nice AMLN ese
[10:04] {esemde} OUT AMLN .89
[10:04] {esemde} +.22
[10:04] {Threei} SQNM... maybe not done yet
[10:05] {Threei} .30 long, half lot, for adrenalin-deprived only
[10:07] {esemde} bstop long HANS 35.14
[10:08] {esemde} 35.46 FOR SWING TRADERS
[10:11] {esemde} tks vad didn't see your previous post
[10:14] {esemde} ouuu thought about CBRL
[10:16] {Threei} NVTL
[10:16] {Threei} if you got .06, half out here
[10:17] {Threei} AKAM, half out or take scalp
[10:17] {esemde} LONG HANS....pulled bstop went aggressive at .10
[10:18] {esemde} stop .95
[10:19] {esemde} kick it up a notch NDX!!!!
[10:19] {Threei} vague feeling that SQNM prepares surprize
[10:19] {esemde} what kind of surprise?
[10:20] {Threei} if holding around these levels, break of Fri high and explosive move
[10:20] {esemde} hmmmmmm
[10:22] {magoo} surprised AKAM didn't respond bvetter
[10:22] {Threei} yeah
[10:23] {Threei} worked but kind of lukewarm
[10:23] {magoo} because it can be explosive
[10:23] {esemde} was there news on SQNM..vad? got here abit late this morning
[10:23] {magoo} many times scalpers regrett on it
[10:24] {Threei} last week ese... news that led to that gap and continuation over a few days
[10:24] {esemde} NDX....what kind of move is that???
[10:24] {esemde} ok.....kind of remember that
[10:24] {dino} ma stopped .20 +.20
[10:25] {esemde} come on hans
[10:25] {esemde} ignore NDX
[10:25] {esemde} do your own thing.....fat chance
[10:27] {dino} f'ing ma hit my stop then runs a buck
[10:27] {esemde} i'm about to be stopped in HANS as well dino
[10:28] {esemde} gettin close
[10:28] {Threei} what's with SEAC?
[10:28] {dino} whippy
[10:28] {Threei} no news that I see
[10:28] {dino} nothing i see
[10:31] {Threei} look how well SQNM is supported
[10:31] {Threei} after such run, and close to high again
[10:31] {magoo} i just took some here
[10:31] {magoo} has the "feel" risky
[10:31] {judijim} gm traders
[10:31] {Threei} not sure about aggressive entry
[10:31] {Threei} but it's a matter of style
[10:31] {Chaeron} magoo does have "style" ... good morning all
[10:31] {Threei} in this case I'll prefer to wait for confirmation
[10:32] {magoo} half lot .08
[10:32] {Threei} chaeron :)
[10:32] {magoo} waiting .88 AKAM
[10:32] {Threei} greedy greedy
[10:32] {dino} midd
[10:32] {esemde} CCCCCHHHHHH!!!!!!!!
[10:32] {Chaeron} heya ese :)
[10:32] {Threei} SEAC, .46 long if holding above .35
[10:34] {magoo} morn CHINchar
[10:35] {Chaeron} hi magster
[10:35] {dino} aepi blood
[10:37] {magoo} out AKAM here .71 TY vad
[10:37] {Threei} welcome
[10:38] {magoo} mkts scarin me
[10:38] {Threei} CROX
[10:38] {Threei} - Nike rumored as buyer.
[10:38] {Threei} markets? it's nothing... I saw a robin yesterday, staring right me in the eyes - that was scary
[10:39] {Chaeron} spring finally make it up that way vAd?
[10:39] {magoo} old girlfriend??lol
[10:39] {magoo} {named robin}
[10:39] {Threei} lol
[10:39] {esemde} not really CH.....
[10:40] {esemde} coldest spring in a while
[10:40] {esemde} climate change ...who knows....
[10:40] {Threei} maybe I should stop watching Hitchcock 24/7
[10:41] {dino} midd sm l .78
[10:41] {Threei} is it my hallucination of SQNM is really getting ready
[10:41] {Threei} of = or
[10:41] {magoo} can 2 people be in same halluciation?
[10:41] {Threei} yes if they share what they smoke
[10:42] {esemde} DAAAAA!!!!!!!! hans stopped
[10:42] {magoo} cough cough...waaa
[10:42] {esemde} -.15
[10:42] {magoo} pass lighter vad
[10:42] {cosmo} ah..Hitchcock. Good archetype ya
[10:43] {Chaeron} still waiting for .30 on SQNM?
[10:43] {magoo} OY..
[10:43] {Threei} let me leave it to each trader to find his way to trade this one chaeron
[10:44] {Threei} it has no right way to trade it
[10:44] {Roman} 21 COIN
[10:44] {Threei} wow
[10:45] {Threei} what's with it
[10:45] {Roman} 21 just crazy
[10:45] {Threei} ah
[10:45] {Roman} 21 wants $7.5 but this market is crazier
[10:48] {Threei} {USO}
[10:48] {Threei} timely exit AKAM mags
[10:49] {Roman} 21 magoo is either damn luck or good
[10:49] {Roman} 21 not sure which one
[10:49] {Roman} 21 long OMNI
[10:50] {Roman} 21 1/2 ....6.24,.25
[10:50] {magoo} lucky:)
[10:50] {Threei} DUK
[10:52] {esemde} long HERO .10
[10:53] {esemde} AGRESSIVE ENTRY AGAIN
[10:53] {Roman} 21 long WRES
[10:53] {Roman} 21 small 14.40
[10:54] {Roman} 21 out 1/2 OMNI +.21
[10:55] {Chaeron} out OMNI + .17 Thanks a bunch Roman
[10:55] {Roman} 21 yw
[10:56] {Roman} 21 TXCO feel like a entry on pullback VAD?
[10:56] {Threei} pretty much
[10:56] {Threei} with .25 stop
[10:57] {Roman} 21 small
[10:58] {Roman} 21 i think it wants to rinse people under .25 tho before resuming higher
[10:59] {Roman} 21 LINE?
[11:00] {cosmo} 5 to 3 odds
[11:00] {dino} lol
[11:00] {Chaeron} good one cosmo..
[11:00] {cosmo} :)
[11:01] {dino} midd stop to .34\
[11:02] {dino} to .48
[11:04] {Threei} SBAC
[11:04] {Threei} .80 long if stays above .70
[11:04] {dino} to .58
[11:06] {Threei} - Reiterates Oil Min comments that they believe that oil markets well supplied, and that fundamentals do not explain current oil price spike
[11:07] {Threei} I wish they all were saying oil goes to 300 and that's what fundamentals say
[11:07] {dino} out midd .63 +.85
[11:07] {Threei} then we would finally have a top
[11:08] {Threei} beautyful one dino
[11:08] {dino} ty
[11:09] {Threei} NCOC again
[11:09] {Threei} did you play this one last week Roman?
[11:09] {Threei} or I am hallucinating
[11:10] {Roman} 21 yes, i did
[11:11] {dino} safm l .25
[11:15] {magoo} sbac valid?
[11:18] {Threei} never lost .70
[11:21] {cosmo} hmmm...
[11:21] {cosmo} and now a gult?
[11:23] {dino} cpla sm l .10
[11:24] {dino} one could only hope cos
[11:25] {Threei} SBAC over 1:1, half out
[11:25] {Threei} scalpers know what to do
[11:27] {dino} going to top soon, imo. lots of friends asking q's on oil futures latey
[11:27] {dino} usually a sign
[11:27] {cosmo} sigh...i ment 'glut'
[11:28] {Threei} cab driver/shoe shining boy indicator?
[11:28] {dino} yes
[11:28] {Threei} usually works like charm
[11:28] {Threei} ese, look dcc please
[11:30] {Threei} SBAC over 1:2
[11:30] {Threei} make up your mind to take profit or trail and ride
[11:33] {Threei} over 1:3
[11:33] {Threei} everyone's asleep?
[11:33] {magoo} not in
[11:33] {Threei} should I stop interrupting your rest with those pesky calls?
[11:33] {magoo} thought i was chasing it at .86..sigh
[11:33] {Threei} it pulled back right to exit
[11:33] {Threei} to entry sorry
[11:34] {Threei} gave second chance
[11:36] {magoo} how about here/
[11:36] {magoo} ?
[11:36] {magoo} KIDDING
06[11:36] * Threei slaps magoo around a bit with a large trout
[11:38] {Threei} NCOC
[11:38] {Threei} 8.15 worth a try
[11:38] {Threei} if that big offer gets taken
[11:38] {dino} cpla stop to .46
[11:39] {dino} out slipped cpla ave .44. +.34
[11:41] {Threei} stop under 8
[11:52] {Threei} trailing NCOC to 8.05
[11:53] {Threei} hitting 1:1
[11:53] {Threei} and over
[11:53] {fernp} out. thank you Vad
[11:53] {Threei} no, thank you
[11:54] {Threei} I decided if no one took this one either I'd remove myself to monastery
[11:54] {dptl} out .25 ty
[11:54] {Threei} whew
[11:54] {fernp} lol
[11:55] {dino} safm stopped .97 -.28
[11:58] {Threei} just how long is SQNM going to tease
[11:59] {magoo} maybe not in cards fior today
[12:00] {Chaeron} well, it's lunchtime and not once have I seen a carrot or boot or 2x4 outta you yet Vad...
[12:00] {Threei} holding so well... digesting the resistance...
[12:00] {Threei} really... something's wrong with me
[12:01] {Chaeron} you awake?
[12:01] {Threei} I never a,
[12:01] {Threei} am
[12:01] {Chaeron} ok, good good... that's normal
06[12:01] * Threei hangs a carrot at 13 for SQNM and kicks darn stock in the rear woth heavy duty steel-toed electrocharged army boots
[12:04] {esemde} gone for the day all...still hangin on to HERO..we'll se what happens by the end of the day
[12:04] {dino} ma feels like it want 275 before expiration
[12:04] {Threei} take care ese :)
[12:04] {Chaeron} bye ese
[12:04] {esemde} see ya CH....
[12:04] {dino} later es
[12:04] {esemde} dino
[12:05] {Threei} sbac
[12:05] {Threei} if pulls back to 34.80 will be interested into bounce
[12:06] {dino} alog wicked daily
[12:08] {Threei} wierdo
[12:08] {magoo} mktsselling here
[12:08] {Threei} those tails on daily spell troubles :)
[12:15] {Threei} SBAC long half lot
[12:16] {Threei} stop under .75
[12:21] {Threei} really?
[12:21] {Threei} why is it that words "moral hazard" were on everyone lips but Feds
[12:23] {Threei} let's get cute and keep SBAC stop .79
[12:23] {Chaeron} now you're dreaming... look at this group... we'll never be "cute"
[12:24] {dino} speak for yourself
[12:24] {Threei} not only am I dreaming - I refuse to wake up
[12:24] {Threei} lol dino
[12:24] {Chaeron} lol
[12:33] {Threei} SBAC almost 1:1 for scalpers
[12:41] {dino} spsx
[12:45] {magoo} vad, if i may, where is entry on second try sbac?
[12:46] {Threei} second?
[12:46] {Threei} you mean if it pulls back from here?
[12:46] {magoo} i thought u reentererd?
[12:46] {Threei} yes, it was .85 - .86 at the moment
[12:47] {Threei} wow, what happened to QTWW?
[12:48] {Threei} no news that I see
[12:48] {Threei} bounce candidate
[12:48] {Threei} .17 entry, .09 stop
[12:50] {Chaeron} watching SQNM again
[12:52] {Chaeron} NCOC too
[12:52] {magoo} vad, u usually have a good feel...what your thoughts on state of market?
[12:52] {magoo} enbd of world or market resilent?
[12:52] {Threei} none really, very indecisive day so far
[12:53] {magoo} no i meant like overall
[12:53] {Threei} yes
[12:53] {Threei} really can't tell
[12:53] {dino} partial fill spsx s .15
[12:54] {dino} ok sm wide
[12:58] {dino} cov .50 spsx +.65
[13:00] {dino} hmm
[13:02] {Threei} out QTWW with scalp
[13:04] {Threei} no takers?
[13:05] {Threei} monastery... here I come
[13:06] {Threei} - Sec. Paulson noted that he would never take currecny intervention or any other policy tool "off the table" with several wires attributing recent $ strength to this comment.
[13:06] {Threei} - Dealers note EUR/USD support around 1.5630 (post G7 pivot level). USD/JPY resistance at 106.70 (1-year downtrend line)
[13:08] {Threei} SQNM is very sneaky
[13:09] {dino} lodf
[13:10] {dino} lod con=ming for ndx
[13:10] {Threei} AAPL
[13:11] {dino} wow, my typing is terrible today
[13:13] {Threei} I wish I could add "today" to the same line
06[13:15] * Threei slaps magoo around a bit with a large trout
06[13:15] * Threei slaps Chaeron around a bit with a large trout
06[13:16] * Threei slaps dptl around a bit with a large trout
[13:16] {Chaeron} }{
[13:17] {Threei} ok SQNM... are you ready?
[13:17] {Threei} or teasing again
[13:18] {Threei} {SQNM} I am ready
[13:19] {Chaeron} I'm out @.33 + 30
[13:19] {Threei} - Imperative to deal with new consumer demand for some time.
[13:19] {Threei} - Most concerned about inflation expectations, reiterates Treausry Secretary Paulson's comments with regards to intervention, noting that they never take anything "off the table," including currency intervention.
[13:19] {Threei} - Notes the best way to establish credibility is by anchoring inflation expecations. Controlling inflation is imperative for sustained growth.
[13:19] {Threei} - Time must be allowed for the Fed's liquidity actions to take effect. Borrowers should expect stronger oversight.
[13:19] {Threei} - It would be "disasterious" if the Fed monetized the US national debt.
[13:21] {Threei} poor LEH
[13:21] {Threei} no matter who is defending it, it just goes down the drain
[13:22] {Threei} half out SQNM
[13:22] {Chaeron} feeling foolish about that .33 exit on SQNM
[13:26] {Chaeron} ok, now it's just mocking me
[13:26] {Threei} told ya it had real potential
[13:26] {Chaeron} yeah... 13
[13:27] {Chaeron} just being conservative this week
[13:28] {Threei} do I hear 13?
[13:28] {Chaeron} there you go
[13:28] {magoo} 14
[13:28] {Chaeron} see? I know what I'm doing... just no faith in self :)
[13:28] {hawkfan4} pure beauty, thx vad
[13:28] {Threei} hawk :)
[13:29] {Threei} mags, taking off the table any??
[13:29] {Threei} be reasonable
[13:30] {magoo} trying
[13:30] {magoo} out
[13:30] {magoo} ty
[13:30] {Threei} welcome
[13:31] {magoo} very nice on your part
[13:31] {Chaeron} nice job all... ty Vad
[13:31] {Threei} play after play I was taking scalps, from 10 to 30 cents, but on this one told you from the get-go, it was not a scalp
[13:31] {Threei} when it has mojo, it has it
[13:31] {magoo} u said 13 from onset i believe
[13:32] {Threei} ok, now tell me... why did you skip cute little QTWW scalp
[13:32] {magoo} who?
[13:32] {Threei} you
[13:32] {magoo} i took .21
[13:33] {Threei} and you:
06[13:33] * Threei slaps Chaeron around a bit with a large trout
[13:33] {magoo} but canned it flat
[13:33] {Threei} you did?
[13:33] {magoo} yeah
[13:33] {magoo} no like
[13:33] {Threei} ok then
[13:34] {Threei} different take on play is fine... it's total ignore that puzzles me :)
[13:35] {magoo} well...i do have u on ignore as u know
[13:35] {magoo} wheres laser been?scarse lately
[13:35] {magoo} vaca vad?
[13:37] {Threei} yes but he does his best to pop up every day
[13:37] {Threei} which is commendable
[13:37] {Threei} no way I'd do that on my vacation
[13:37] {magoo} yeah..we know lol
[13:37] {Threei} when Alaska time comes, I'd better communicaate with orcas than with traders {G}
[13:42] {magoo} aapl bounce vad?
[13:42] {Threei} - Reiterates that there is a separation between the stance on monetary policy and money market actions when events are unexpected; market correction 'ongoing'
[13:42] {Threei} I wouldn't mags
[13:47] {magoo} now?
[13:48] {Threei} I don't feel it's worth the risk until trend changes
[13:48] {Threei} why jump on all this stuff?
[13:48] {Threei} haven't we found play after play today on obscure stocks?
[13:49] {Threei} with close to 100% hitting rate?
[13:49] {Threei} look at AAPL
[13:50] {Threei} 70 cents drop since I started typing this answer
[13:50] {Threei} I mean full buck
[13:50] {Threei} I mean buck and 30
[13:50] {Threei} I mean... OK, you got the idea
[13:51] {Threei} not every battle is worth fighting
[13:51] {magoo} yup
[13:52] {Threei} I am sure you would be hard pressed to find any room that would perform at such percentage today as we did
[13:52] {Threei} thatnks to what it happens?
[13:52] {Threei} extreme pickiness, risk adversity, chosing our battles carefully, taking safe plays only
[13:53] {Threei} worst case scenario, what size would have our stops been?
[13:53] {Threei} 10-15 cents?
[13:53] {Threei} let them fight AAPL today
[13:53] {Threei} or LEH
[13:54] {Threei} a lot of dead bodies will be scattered all over that battlefield
[13:54] {Threei} 4 bucks down since we started this dialog?? :)
[13:54] {Chaeron} wow... missed that short :)
[13:54] {magoo} bounce??
06[13:55] * Threei slaps Chaeron around a bit with a large trout
06[13:55] * Threei slaps magoo around a bit with a large trout
[13:55] {Chaeron} roflol
[13:55] {Threei} anyone else wants to trade AAPL today?
[13:55] {Threei} do I have a trout for ysa
[13:55] {Threei} ya
[13:57] {dino} ndx -5% from thursday
[14:13] {dptl} .
[14:14] {Threei} AAPL
[14:14] {Threei} - Added MSFT office support
[14:14] {Threei} this news certainly deserves such selloff eh?
[14:14] {magoo} cramer was tellin people to sell
[14:15] {Threei} so they did, didn't they
[14:18] {magoo} he has post on site..sell 1/4 friday, 1/4 this morn..1/4 at close..hold 1/4 for tomorrow
[14:18] {magoo} seriously
[14:19] {dino} imo ndx support is 1940
[14:19] {Threei} so any reasonable one thinks why don't I simply sell it all today eh
[14:20] {dino} watching alog for bounce, quick mover
[14:23] {dino} ma hit 276, didn't think that would happen so quickly
[14:24] {fernp} MasterCard says Discover's damages claim is baseless - Bloomberg
[14:25] {magoo} peolpe follow him off a cliff we do with u here he he
06[14:25] * magoo slaps laserdave1 around a bit with a large trout
[14:25] {dino} lemmings
06[14:26] * Threei slaps laserdave1 around a bit with a large trout
06[14:27] * Chaeron slaps laserdave1 around a bit with a large trout
06[14:27] * magoo slaps Raven around a bit with a large trout
[14:30] {dino} sm l vrtx .65
[14:32] {Threei} AAPL
[14:32] {Threei} what an utter and complete confusion
06[14:37] * Raven slaps dino around a bit with a large trout
[14:37] {dino} ouch
[14:37] {dino} what was that for?
[14:37] {Raven} 3 just to say hello
[14:38] {dino} hi
[14:38] {dino} is that so hard
[14:39] {Raven} 3 no, but magoo got me first sso I thought of you
[14:40] {magoo} huh??
[14:40] {dino} out vrtx .05 +.40
[14:40] {magoo} me too, ty dino
[14:40] {magoo} exact
[14:40] {dino} well, at least you're tinking
[14:40] {dino} thinking
[14:41] {dino} gj magoo, nobody paying attn to me today
[14:41] {dino} 4 for 5
[14:42] {magoo} i do NOT want to PAY with u..i want to earn with u
[14:42] {dino} rrgb blood burger
[14:43] {dino} ahhhh
[14:44] {magoo} fighting urge to gpo off on trout rampage
[14:46] {magoo} vad...AAPL 8 point reversallllllllllllllllllllllllll
[14:47] {Threei} kewl
[14:47] {Threei} too bad those who sold only 1/4 earlier won't be able to take advantage of that - they will take their time to recover from heart attack
[14:53] {magoo} now AAPL dives 4 POINTS
[14:55] {Threei} yup... I am so gkad I stay away
[14:55] {Chaeron} dang... missed that short again!!! :)
[14:56] {Threei} you mean 6 points mags
[14:56] {Chaeron} dang!
[15:02] {Threei} SQNM tries to gain momentum again
[15:02] {magoo} so fast vad..i dunno what i mean
[15:02] {Threei} yeah, I gave up on guessing :)
[15:12] {Threei} anyone's adrenalid-deprived?
[15:12] {Chaeron} yeah.... falling asleep
[15:13] {Threei} SQNM, if chews through YBSS offer
[15:13] {Threei} UBSS
[15:13] {Threei} not sure it will work but will wake you up for sure
[15:16] {dino} alog sm l .50, jumpy
[15:19] {Threei} oil 134
[15:30] {dino} matk sm l .77
[15:33] {dino} out alog .90, +.40
[15:39] {dptl} have a good evening all....:)
[15:39] {dino} tighten matk stop to .67
[15:39] {magoo} c u dp:)
[15:39] {dino} cya dp
[15:39] {Threei} take care dp
[15:42] {dino} dji power
[15:42] {judijim} be back tomorrow, take care everyone
[15:42] {magoo} bye jj
[15:42] {dino} cya jj
[15:42] {dino} ma 292 wow
[15:42] {dino} matk stop to .83
[15:43] {Threei} bye jj
[15:44] {dino} out matk .83, +.06
[15:44] {dino} thats all for me
[15:45] {Threei} quite impressed with NASDAQ resilience
[15:45] {Threei} 30 points recovery
[15:52] {magoo} ty vad..nite all
[15:52] {Threei} thank you all
[15:52] {Threei} have a good evening, see you tomorrow

Friday, June 6, 2008

Jun 06 2008

Session Start: Fri Jun 06 00:53:37 2008

[08:30] {Threei} MAY UNEMPLOYMENT RATE: 5.5% V 5.1%E
[08:30] {Threei} - Prior Nonfarm Payrolls revised from - 20K to -28K
[08:30] {Threei} - Prior Manufacturing Payrolls revised from -46K to -49K
[08:47] {Threei} - Adds that finacial markets gennerally improved but risk premiums in markets remain wide
[09:01] {esemde} I' m here...I'm here...let the bells ring let the banners fly...I'm here!!!
[09:01] {Threei} good morning :)
[09:01] {esemde} morning
[09:02] {fernp} Good morning
[09:03] {esemde} fern
[09:03] {Threei} fern :)
[09:04] {magoo} msrfhkfhsfhskmfh
[09:04] {Threei} great... it's just 6 am here, and we already have to think?
[09:04] {esemde} NSM The company said sales rose +1.3% to $462 million in the period ended May 25 and that profit was 34 cents a share, exceeding analysts estimates of 26 cents a share
[09:05] {Threei} traded near 24.50 earlier, retreated into 24
[09:06] {Threei} IVAN The Terrible gapped a little
[09:06] {esemde} LEH rumors persist Vad....$5billion in new capitol maybe by next week
[09:07] {Threei} yeah, circulated yesterday, about borrowing from unnamed Asian institution
[09:07] {esemde} up 1.2% in european trading
[09:07] {Threei} spokeperson refused to comment
[09:07] {esemde} ya i remember that post
[09:08] {esemde} mags did well with that stock if I remember correct
[09:09] {esemde} ouuuuu up over 34 as well
[09:09] {Threei} he can't comment on that ese
[09:09] {Threei} his short termmemory is, ummm
[09:09] {esemde} pourquo???
[09:10] {Threei} he is likely to say "what's LEH?"
[09:10] {esemde} ahhhhhh
[09:11] {dptl} good morning all
[09:11] {esemde} dp
[09:11] {Threei} dp :)
[09:11] {Threei} looking through yesterday's heroes
[09:11] {Threei} VVUS no trades yet
[09:11] {Threei} SQNM slight gap down
[09:12] {dino} gm all
[09:12] {Threei} dino :)
[09:12] {esemde} dino
[09:12] {Threei} QTWW slightly down
[09:12] {esemde} fouuuurrrrrr!!!!!!
[09:12] {dino} lol
[09:12] {dino} isph
[09:13] {Threei} ACOR no trades yet
[09:13] {esemde} now theres one i was watching a bit
[09:13] {magoo} were we looking at LEH yesterday?a short yesterday?
[09:14] {Threei} now, here is embodiment of short term memory: "what's LEH and who is magoo?"
[09:14] {Threei} no mags
[09:15] {esemde} you made money on that baby
[09:15] {Threei} we shorted it two days ago, then I said it's not BSC, let's back off shorting it
[09:15] {Threei} at least for now
[09:15] {magoo} ahhhhh/
[09:15] {Threei} overall, we had great week, let's remember it's Friday and cut down on aggresiveness
[09:15] {magoo} ahhhhh..and i played it ES?
[09:16] {magoo} how u remember such things so far back ES? he he
[09:17] {Threei} what just happened with oil?
[09:18] {Threei} - reiterates his call for the Board to remove the severance plan
[09:18] {Threei} - says a Yahoo ad deal with Google should not prevent an acquisition by MSFT.
[09:19] {esemde} you played it right mags and I didn't....thats how I remember
[09:20] {magoo} there was a good lesson in that...once u enter a trade...if it doesn't hit your stop...stay with it..let it trade...the "noise" took u out ..if i was your trade..i just liked it
[09:24] {Threei} maybe this
[09:24] {Threei}
[09:24] {hawkfan4} oil up 6.50? ouch
[09:24] {Threei} yeah
[09:25] {hawkfan4} dust off them bikes
[09:25] {Threei} ocuh is the only thing I can think of
[09:25] {esemde} 6.50????? you've got to be kidding
[09:28] {Threei} let me reiterate
[09:28] {Threei} today is the day to be retsrained and conservative
[09:29] {magoo} scalpers friday boss
[09:29] {Threei} don't risk nice weekly gains to evaporate, this oil move coupled with weekend uncertainty is likely to produce quite messy moves
[09:29] {Threei} yes sir
[09:30] {Threei} see, a l,ot of people bet on oil topping out
[09:30] {Threei} remember we said a few days ago,
[09:30] {Threei} it's likely to be just a breather, then oil is to put another round of pressure
[09:31] {Threei} this is what's happening, and a lot of unwiding positions will kill the order in the markets
[09:31] {Threei} as panic usually does
[09:33] {dino} hmmm
[09:33] {Threei} SOLF
[09:34] {Threei} 22 break long half lot if stays above .85
[09:35] {esemde} long Solf
[09:35] {Threei} 1:1 faster than you can say mama
[09:35] {esemde} .03 1/2 lot
[09:35] {Threei} 1:2
[09:35] {Threei} I'll kleave it to you to decide where to take profit but if I were you...
[09:35] {esemde} out Solf .35
[09:35] {Threei} I would be soo out of it here
[09:35] {Threei} qwtg
[09:36] {Threei} nice way to start the day with easy money
[09:36] {esemde} +.32 Thanks you Vad
[09:36] {Threei} trade took all of 1 minute
[09:36] {esemde} wow....
[09:36] {Threei} ROYL
[09:36] {dino} gj
[09:36] {Threei} ummm
[09:36] {Threei} want some pullback on it
[09:36] {Threei} closer to 9.50
[09:37] {Threei} half lot as well, volatile animal
[09:38] {Threei} if ROYL doesn't give us an entry and just continues going, consider playing OMNI as ROYL's symapthy
[09:38] {Threei} it lags a bit but likely to catch up with it
[09:38] {dino} jaso sm l .50
[09:40] {Threei} unplayable moves by ROYL
[09:40] {dino} out jaso .90, +.40
[09:40] {Threei} wtg
[09:41] {Threei} if SOLF and JASO{ why not CSUN
[09:41] {dino} my thinking
[09:41] {Threei} let's try 12 break if stays abive 11.90
[09:41] {Threei} needless to say, half lot
[09:42] {Threei} I am on ultraconservative side today
[09:42] {magoo} in .04
[09:42] {Threei} stop under 11.90
[09:42] {dino} stld spike
[09:42] {Threei} let's keep it tight, even at risk being shaken out
[09:43] {dino} i may be wrong, but i feel this oil spike is going to fade hard today
[09:43] {Threei} lord, I hope youi are right
[09:43] {dino} finally he calls me lord, :)
[09:44] {Threei} lord, I hope youi are righthehe
[09:44] {Threei} don't know if anyone found guts to try ROYL but if you did - stop under .30, and don't oversit it
[09:44] {dino} v sm risky s oyog .00
[09:45] {Threei} - The jobs number is in line with a slowing economy.
[09:46] {Threei} if this offer at .08 is taken, CSUIN should post nice spike
[09:46] {Threei} there
[09:46] {Threei} now spike, will ya
[09:47] {dino} oyog stopped -.30
[09:47] {Threei} .15 day high to take and scrrrrrollll
[09:49] {Threei} scxalpers trail CSUN stop to .95
[09:50] {Threei} sane traders keep it under .90 still
[09:50] {Threei} SOLF new high
[09:50] {Threei} wake up CSUN
[09:50] {Threei} your turn
[09:52] {esemde} Solf move by SOLF thats for sure
[09:52] {esemde} thats "nice Move"
06[09:54] * Threei kicks CSUN in the rear with heavy duty army boots
[09:54] {Threei} stop taking your sweet time, get off that couch and go
[09:55] {Threei} I really couldn't find guts to call SQNM again, lol
[09:56] {magoo} look at LEH chgart
[09:57] {Threei} I don't want to
[09:57] {Threei} RCH
[09:57] {Threei} 10 break half lot
[09:58] {Threei} stop under 9.90
[09:58] {Threei} 9.80 is safer level for a stop but again...
[09:58] {magoo} in 05
[09:58] {Threei} don't chase if missed close to 10
[09:58] {Threei} it gives quite hard pullbacks
[09:59] {Threei} if you chase, they maybe impossible to stomach
[09:59] {Threei} fiiiinally CSUN
[09:59] {magoo} csun needed to finish its coffee first
[10:00] {dino} here comes -200
[10:00] {Threei} scalpers have their 1:1 and more
[10:01] {dino} 12342 target
[10:01] {Threei} again... I weill leave it to you to decide on profit taking, I am going to keep you from pure scalps today only when I feel very strongly about something
[10:01] {dino} oih fast fall
[10:02] {dino} watching nyx cme, ma
[10:11] {magoo} any bounce in SOLF CSIQ vad?
[10:12] {Threei} sure there is, I just don't have any realiable read on it
[10:13] {dino} nyx sm l .99
[10:15] {Threei} you still in RCH magoo?
[10:15] {magoo} yeah
[10:15] {magoo} csun too
[10:17] {magoo} was waiting csun .43
[10:18] {magoo} same area rch
[10:23] {dino} chtt
[10:23] {dino} beav
[10:25] {dino} sm l beav .80
[10:26] {Threei} IVAN
[10:26] {Threei} - The funds to be raised will be used by the Company to make the initial payment of Cdn.$30M required under the Company's agreement with Talisman Energy Canada to acquire Talisman's interests in three leases in the Athabasca oil sands region in the Province of Alberta, Canada, which was announced on May 29, 2008, and for working capital purposes
[10:28] {judijim} gm all
[10:28] {Threei} jj :)
[10:29] {dino} beav stopped -.38
[10:29] {Threei} LEH short scalp, fuzzy entry somewhat
[10:29] {Chaeron} hi everybody
[10:29] {Threei} as close to 34 as you can get, stop 34.10
[10:29] {Threei} chaeron :)
[10:32] {Threei} RCH looking good for you magoo
[10:34] {dino} ugh beav
[10:34] {magoo} is it related to quakes?
[10:35] {Threei} well, it's construction company
[10:35] {Threei} maybe
[10:37] {dino} steels rocking
[10:37] {dino} well cenx at least
[10:39] {Roman} 21 RCH +5.3% (profiled in Inside Wall Street section of Business Week)
[10:39] {Roman} 21 earlier this morning
[10:40] {dino} safm
[10:41] {Threei} hit your exit area
[10:41] {Threei} magoo?
[10:43] {magoo} trying .41
[10:43] {magoo} out ty
[10:43] {Threei} welcome
[10:44] {Threei} for adrenalin-deprived:
[10:44] {Threei} SQNM long .95 if stays above .75
[10:45] {esemde} ugly ugly day......hardly anything to look at..
[10:45] {Threei} come on... didn't we get 3 winners yet??
[10:45] {Threei} 4
[10:45] {Threei} forgot SOLF
[10:46] {esemde} true....slim pickens
[10:46] {Threei} how many do you need for 1 hour of Friday trading, lol
[10:46] {Threei} what's with expectations {G}
[10:47] {Threei} and I don't count LEH short since entry was way too discretionary
[10:47] {Threei} that one worked too
[10:48] {esemde} referring to my screens mostly...hardly anything showing
[10:49] {Threei} well, remember the joke about potential immigrant asking for another globe to find where he wants to go...
[10:49] {dino} nue vsm l .15
[10:50] {magoo} no..huh?
[10:51] {esemde} no....
[10:51] {Threei} your guys short term memory is way too short, lol
[10:51] {Threei} haven't found any suitable country on the globe, so he asked for another globe
[10:52] {dino} i remember
[10:52] {dino} kgb right
[10:52] {Threei} yes sir
[10:52] {dptl} lol
[10:52] {esemde} ha ha....
[10:53] {Threei} now, don't ask me what the connection to ese's reference to his screens not moving is... under the threat of being trouted
[10:53] {peterg} at stage in trading as in helicopter pilot training: death grip on controls.
[10:53] {Threei} make it fun peter
[10:54] {peterg} good plan!
[10:54] {Threei} keep shares so small for starters that it can't hurt
[10:54] {peterg} still greedy, working on that]
[10:54] {Threei} go once again over MPP, Practical Trading chapter
[10:54] {Threei} and follow the procedure to the letter
[10:54] {peterg} Roger that
[10:55] {Threei} trading should be fun, otherwise why bother
[10:56] {peterg} that's what my therapist said about life before he killed himself (joke)
[10:56] {magoo} earn a living duh
[10:56] {Threei} lol peter
[10:56] {Threei} not really mags
[10:56] {Chaeron} Vad gives all his to the nice Nigerian ppl that email him
[10:56] {Threei} I have never seen a trader who would be consistently profitable while trading with white lips and blue knuckles
[10:57] {Threei} don't see it as money making vs fun
[10:57] {Threei} they go hand in hand
[10:57] {Threei} when you get it right, it's highly enjoyable process
[10:57] {Threei} ummm... is it blue lips and white knuckles?
[10:58] {peterg} That I believe--all muscles tense. More vodka!
[10:58] {Threei} lol
[10:58] {dino} have some fun, don't try too hard
[10:58] {dino} safm sm l .165
[10:58] {peterg} OK tks, off for two hours on day job, then back.
[10:58] {dino} .15
[11:03] {dino} cpla good drop, thin
[11:03] {Threei} bunwalla, rodnewy... feel free to chime in with comments or questions if you got any.... for some reason trialers lately doubt if they have right of speech
[11:06] {dino} oh sorry, i told them no talking
[11:06] {_bunwalla} thnks. just trying to get a feel before i chime in...
[11:06] {dino} 12342
[11:07] {Threei} :)
[11:07] {Threei} Friday is not the best day to get a feel...
[11:07] {Threei} but then again, I have an excuse for every day, lol
[11:07] {Threei} Monday is hangover day
[11:09] {Chaeron} we're flat right?
[11:09] {Threei} right now, yes
[11:09] {Threei} SQNM never triggered and got invalidated
[11:09] {Chaeron} whew... thanks
[11:09] {magoo} what u call me?...fat?
[11:09] {Chaeron} oink
[11:10] {Threei} here is my favorite illustration to Monday:
[11:10] {Threei}
[11:11] {dptl} roflol
[11:16] {dino} -2% +/- ndx, dji
[11:16] {dino} getting a bit extreme
[11:21] {dino} beav l sm .65
[11:29] {Threei} remember PEIX short from a while ago?
[11:30] {Threei} getting tempted again
[11:30] {Threei} just hate that it's so narrow
[11:30] {Threei} unlikely to give something significant within one day
[11:31] {Chaeron} not shortable
[11:31] {Chaeron} here at least
[11:31] {Threei} argh
[11:31] {Threei} used to be
[11:31] {dino} tough to short w/markets down 2%+, imo, odds go lond
[11:31] {Threei} oh well
[11:31] {Threei} PEIX is in its own universe... doesn't really relate to market
[11:32] {dino} you are the master
[11:34] {magoo} jesus christ..itsd the end of days
[11:34] {magoo} never bounce ever again
[11:36] {dino} rally
[11:37] {Threei} BRCM
[11:37] {Threei} .08 long for a scalp
[11:38] {Threei} if stays above 28
[11:40] {dptl} l .09
[11:40] {dino} rate blood
[11:41] {Chaeron} in BRCM @ .09 too dp
[11:41] {Threei} interesting chart EVVV
[11:42] {Threei} .31 two day's break
[11:42] {Threei} slooooow
[11:43] {esemde} have to be off see you all monday....Vad if you get a chance pop by the Oak Bay Tea Party 2:00pm....for my Rhythm and Blues Band
[11:43] {Threei} where is it ese?
[11:43] {dino} later es
[11:43] {Threei} oak bay ave?
[11:43] {esemde} Willows Beach....
[11:43] {Threei} ah
[11:43] {Threei} will try :)
[11:43] {esemde} Beach Drive
[11:43] {Threei} I know :)
[11:43] {esemde} see ya
[11:43] {Threei} stopped BRCM
[11:44] {Chaeron} yep - me too... -.12
[11:45] {dino} bmti
[11:46] {fernp} VLNC around the $3.50
[11:47] {Threei} shakeout BRCM
[11:47] {Threei} oh well
[11:53] {dino} cpla sm l .30
[12:02] {Threei} YHOO
[12:02] {Threei} - Leaving aside Mr. Icahn's inaccurate interpretation of our retention plan, we again note that he has no credible plan to operate Yahoo!.
[12:02] {Threei} - We believe that Mr. Icahn's suggestion that we cancel our retention plan would have a destabilizing impact on Yahoo! and would clearly not be in the best interests of our shareholders.
[12:02] {Threei} - Furthermore, his suggestion that we put out a price publicly to see if Microsoft will alter its stated position is ill-advised. As we have stated numerous times publicly and privately, we are open to any transaction including a sale to Microsoft if it is in the best interests of shareholders.
[12:02] {Threei} neverending saga
[12:10] {Chaeron} RIMM ?
[12:11] {Threei} looks to go if market does... .50 closest support, if can get it close to it worth a try
[12:16] {magoo} AAPL was stronger..same..moves with mkt
[12:19] {Threei} beautiful bounce right off .50
[12:19] {Threei} clean scalping footwork
[12:26] {dino} safm stop to b/e
[12:29] {dino} safm stop +.01
[12:29] {dino} .06 i mean
[12:39] {dino} amln
[12:44] {dino} damn safm too tight
[12:58] {Threei} yawn
[13:01] {Threei} why didn't I trust PARL
[13:02] {Threei} watching if pullback shows entry
[13:06] {dino} cpla to .40 mkt sucks
[13:07] {magoo} this mkt is severely damaged
[13:08] {Threei} oil highs do it I'd think
[13:08] {dino} cpla stopped ave .35, +.05
[13:09] {patience} i love my electric scooter
[13:09] {Threei} no kidding
[13:10] {Threei} my 21-gallon tank feels like bottomless abyss now when I fill it up, lol
[13:10] {hawkfan4} 136
[13:13] {Chaeron} parl?
[13:13] {Threei} hard to tell if break is worth the risk
[13:13] {Threei} level 2 is so thin
[13:14] {Chaeron} thanks
[13:14] {Threei} see these bids with no support?
[13:14] {Chaeron} yes
[13:14] {Threei} would be of less concern if there was a clear momo
[13:15] {Threei} but as it is, it can drop 30 cents in one gasp
[13:15] {Chaeron} no thank you
[13:18] {Threei} I don't think we've ever had such one-day spike in oil
[13:19] {Chaeron} "If Iran continues its nuclear weapons programme, we will attack it," said Shaul Mofaz, who is also transportation minister.
[13:19] {Threei} yeah
[13:19] {Chaeron} Israeli Transportation Minister
[13:20] {Threei} that's what I linked earlier as probable explanation
[13:20] {Threei} here is the thought that I hate:
[13:20] {Chaeron} geesh... what the heck is the DEFENSE Minister saying then?
[13:20] {Threei} follow this logic:
[13:21] {Threei} Israel is not very keen on idea of Obama becoming president,
[13:21] {Chaeron} oh wait... this guy is up for Defene Minister... that's right...
[13:22] {Threei} in order to support McCain, creating feel of imminent threat to security is plausible way to go
[13:22] {Threei} racthing up the rhetorics and tension, while playing in this direction, at the same time pushes oil higher
[13:22] {dino} y
[13:22] {Chaeron} no no... that's ok... we'll reason with them... diplomacy first always works
[13:23] {dino} yeah, right, diplomacy in the muslim world, heck they don't even let their women go to school
[13:23] {Threei} and btw, it's not really strange that transportation ministry makes these comments
[13:24] {Threei} for one thing, it creates deniability for those who are responsible for ultimate desicion,
[13:24] {Threei} and for another, Israel's govt is militarized enough for any potrfolio to be involved
[13:25] {dino} sooner or later it will happen
[13:25] {dino} most likely sooner
[13:26] {Threei} so... who can cause us more harm, our foes or our friends? {G}
[13:27] {Threei} since there are no friends in politics, there are interests only... would it be impossible to see Israel's action causing even more pain at the pump?
[13:27] {Threei} Chaeron... have a look at PARL
[13:28] {Chaeron} gasp
[13:28] {Chaeron} :)
[13:28] {Chaeron} thanks
[13:29] {dino} beav stopped -.38
[13:38] {dino} ,midd sm l .00
[13:42] {Threei} - Inflation expecations are fragile, risking breakdown. Forecasts for headline CPI above 3% are disturbing, wants to see inflation between 0.5-1.5%.
[13:42] {Threei} - Calls for action to control inflation expectations, sees the Fed's key job as inflation control. Fed rate policy will shortly turn to inflation control.
[13:42] {Threei} - Housing has been extraordinarily weak, but housing prices may be close to fair value today.
[13:42] {Threei} - Remains too early to say whether the market turmoil has ended, but Fed lending facilities have helped ease the strain.
[13:42] {Chaeron} did the fed just ask for Patience's help out of this mess? :)
[13:43] {Threei} they sure did
[13:46] {Threei} look at USO daily
[13:46] {Threei} this bar today,
[13:46] {Threei} it's either island bar or breakaway gap
[13:46] {Threei} Now, who would have thoufght this boring geeky matter is one defining the future of the country
[13:47] {Chaeron} I'm wishing I was at an island bar about now.......
[13:47] {Threei} lol
[13:47] {Threei} I'd join you
[13:47] {Chaeron} I'll buy
[13:48] {Threei} second round is on me then
[13:48] {Chaeron} done
[13:48] {Threei} Island is not in the plans for nearest future though, planning Alaska cruise instead
[13:50] {dino} you'll love it vad, 2 years ago i did the alaska cruise/tour package awesome
[13:50] {dino} princess
[13:51] {dino} amln sm l .00
[13:51] {Threei} serenade of the sea here
[13:52] {Threei} carribean line
[13:53] {Threei} when we have a few min next week, tell me which tours you took?
[13:53] {dino} i'd like to go again
[13:54] {dino} ok
[13:54] {Threei} what kind of news headline is that
[13:55] {dino} mdco
[13:58] {Threei} OK PARL
[13:58] {Threei} if it intends to bounce at all, it has to be from here
[13:58] {Threei} stop under .80
[13:58] {_rant} crazy day
[13:58] {_rant} feels too late to short
[13:58] {_rant} and not too early to go long
[13:59] {_rant} fmcn ?
[14:03] {Threei} shirt if anything
[14:03] {Threei} on .50 break
[14:03] {Threei} short that was
[14:04] {_rant} market seems to be done selling
[14:05] {Threei} if loses 2010, will pick up new round of weakness
[14:05] {_rant} i m confused abt TSL
[14:05] {_rant} oil is up..and TSL is down 8.5%
[14:07] {Threei} gave nice report this morning too
[14:07] {_rant} ya
[14:07] {Threei} just shows you how much conventional logic applies to market
[14:07] {_rant} but fslr is green
[14:07] {_rant} weird
[14:08] {Threei} why SOLF, JASO, CSUN are red with this oil move?
[14:08] {_rant} true..but not as bad as TSL
[14:08] {Threei} no relation stays the same in the market... it works for a while, then it changes
[14:09] {Threei} they all used to move in unison with oil
[14:09] {dino} itmn
[14:09] {Threei} go with patterns, forget conventional logic
[14:09] {Threei} it never worked in markets
[14:10] {_rant} ya
[14:10] {_rant} makes ur head go crazy
[14:10] {Threei} short periods of time when it seems to be working are just to lure in those who can't live without logic
[14:10] {Threei} noty really
[14:10] {Threei} just different way of thinking
[14:10] {Threei} it's simple really:
[14:10] {_rant} when its a 300 pt down day
[14:11] {_rant} should u trade more longs or shorts ?
[14:11] {Threei} everyone on Earth understands concept of "good news - up, bad news - down"
[14:11] {Threei} thus, it can't work like this in market
[14:11] {Threei} because if everyone is right, who is losing then?
[14:11] {_rant} true
[14:11] {Threei} and if no one losing, who those who are right take money from?
[14:12] {Threei} see how FMCN flushed down again?
[14:13] {_rant} ya
[14:13] {_rant} WB ?
[14:13] {_rant} 20 holding out
[14:14] {_rant} vad, what should u be doin on 300 pt down days ?? play on the long side or short side more ?
[14:19] {Threei} you assume all 300 pt down days are the same
[14:19] {Threei} there are no single rule for that
[14:20] {Threei} here is one question that will show the difference:
[14:20] {Threei} how is -300 reached, in sharp verticla selling or by slow gradual ordrly slide?
[14:20] {Threei} obviously those are going to be very different cases, right?
[14:20] {_rant} yah
[14:20] {_rant} this seems gradual selling
[14:21] {_rant} stop losses triggering it more and more
[14:21] {Threei} pretty much
[14:22] {_rant} i will play the spectator today
[14:30] {dino} c'mon, get your hands dirty
[14:30] {_rant} scalped WB
[14:30] {dino} :)
[14:31] {_rant} compulsive :)
[14:39] {Threei} oil closed 139?
[14:39] {Chaeron} *sigh*
[14:40] {fernp} I have to go out. Have a great weekend all.
[14:40] {Threei} take care fern, have a great one
[14:40] {_rant} 139
[14:40] {_rant} wow
[14:40] {magoo} bye femp:)
[14:40] {_rant} brutal
[14:41] {dino} cya fern
[14:50] {dino} out nue .22 +.07
[14:54] {Chaeron} where's Lake Louise? how far from Vancouver?
[14:55] {Threei} Canadian rockies
[14:56] {Threei} within one day of driving
[14:56] {_rant} beav anyone
[14:56] {Chaeron} one day? heck... looking at Cathedral Mountain Lodge....
[14:57] {Threei} not a full day... but closer city would be Calgary
[14:57] {Chaeron} oh ok
[14:57] {Chaeron} incredibly beautiful
[14:57] {Threei} oh yeah
[14:58] {Threei} and Moraine lake is even more picturesque
[14:58] {Threei} short drive from Lake Louise
[14:59] {dino} beav stopped me twice today, done w/it
[15:02] {peterg} Beginning to have fun, gun to head making paper trades!
[15:03] {Threei} :)
[15:07] {peterg} CALM?
[15:08] {magoo} c'mon into bell
[15:08] {Threei} boyz are skeered
[15:09] {Threei} CALM may be worth a try if retreats to 33
[15:09] {magoo} i shoulda asked earlier:)
[15:10] {Threei} can you really blame them
[15:10] {Threei} what power you have mags
[15:11] {Threei} may I ask you to demand lower oil?
[15:11] {dino} v magoo all powerful +60 points
[15:11] {Threei} please?
[15:11] {_rant} wow..beav is breakin up
[15:12] {dino} rant if you were sitting in the next office i'd throw something at you for bringing up beav
[15:12] {_rant} :)
[15:12] {dino} so instead i'll throw something at magoo
[15:12] {_rant} not getting greed now
[15:12] {_rant} will exit
[15:12] {magoo} ouch
[15:13] {dino} gj
[15:15] {_rant} fmcn is stuck at 31.50
[15:17] {magoo} c'mon boyz..don't stop now
[15:18] {_rant} few shorts covered
[15:18] {_rant} thts pretty much it
[15:18] {_rant} now back down
[15:20] {Threei} out yourself in boyz shoes
[15:21] {Threei} do you want to carry any position into weekend with what we had today?
[15:30] {dino} stopped amln -.06 at .94
[15:30] {dino} tighten midd stop to .08
[15:31] {Threei} is SQNM worth the risk or not
[15:31] {Threei} that is the question
[15:31] {Threei} IMO, hardly
[15:31] {Threei} not a good time for momo plays
[15:31] {Threei} and SQNM's momo is dying
[15:31] {dino} out midd .07, +.07
[15:38] {Threei} peter
[15:38] {Threei} nice find CALM
[15:38] {Threei} way to go
[15:39] {Threei} woohoo
[15:39] {Chaeron} wa that in an email to them? :)
[15:39] {Chaeron} asking for money?
[15:39] {Threei} lol
[15:41] {dino} risky sm ma l 296
[15:44] {peterg} Made .07 in CSCO so as not to feel defeated.
[15:46] {dino} gj
[15:50] {dino} out ma flat
[15:51] {dptl} have a good weekend all....:)
[15:51] {Threei} take care dp
[15:52] {dino} u2
[15:52] {Threei} lows again
[15:53] {Threei} boyz are dumping
[15:54] {magoo} they dissappoint
[15:54] {Threei} OK guys, thank you all
[15:55] {Threei} let's have a great relaxing weekend
[15:55] {magoo} ty vad
[15:55] {Threei} see you all on Monday
[15:55] {peterg} tks & by all
[15:56] {_rant} it will be interesting monday
[15:56] {_rant} 390 pts down
[15:56] {_rant} wow
[15:59] {_rant} some kind of record ? 405 pts

Thursday, June 5, 2008

Jun 05 2008

Session Start: Thu Jun 05 00:00:01 2008

[08:30] {Threei} NITIAL JOBLESS CLAIMS: 357K V 375KE;
[08:30] {Threei} CONTINUING CLAIMS: 3.09M V 3.110ME
[08:30] {Threei} - Prior Initial Jobless Claims revised from 375K to 375K
[08:30] {Threei} - Prior Continuing Claims revised from 3.104M to 3.109M
[08:53] {esemde} morning cos hawk jm pet Vad
[08:54] {Threei} Good morning
[08:54] {peterg} mng all
[08:54] {magoo} mornink
[08:54] {Threei} peter, magoo :)
[08:54] {esemde} hey mags
[08:55] {esemde} it's anormal morning for me for a change...
[08:55] {esemde} are you coming to the Oak Bay Tea Party this weekend Vad
[08:56] {Threei} doubtful... got another guests to host from Fri to Wed
[08:56] {cosmo} tea?
[08:56] {esemde} bring the guest......
[08:56] {Threei} it's Oak Bay in Vicvtoria cosmo... more British than Britain :)
[08:57] {cosmo} so is English
[08:57] {esemde} yes ....I live behind the tweed curtain here in Victoria
[08:57] {esemde} so does Patience
[08:57] {Threei} yeah, you two are blue blood
[08:58] {fernp} good morning
[08:59] {Threei} so on our next get-together I intend to pour a litre of vodka in both of you and take pictures, to embarass royal family once again
[08:59] {Threei} fernp :)
[08:59] {Threei} and if you resist, dptl will help me hold you down
[08:59] {cosmo} hmmm... maybe 3i should run for office...
[09:00] {esemde} he would make a great canadian priminister
[09:00] {cosmo} you think?
[09:00] {Threei} Harper is doing a good enough job as far as I am concerned...
[09:01] {esemde} he's hangin in there for sure
[09:02] {Threei} waiting impatiently to see the cutlet he is going to make out of dion come next election
[09:03] {esemde} Harper should be able to get along with either Obama or or McCain(the french fry guy)
[09:03] {Threei} I still live in the past... I want Ron Paul
[09:04] {esemde} who in heck is rom Paul?
[09:04] {esemde} "Ron"
[09:04] {cosmo} old fasion Republican
[09:04] {cosmo} they cal them Libratatians these days tho
[09:05] {Threei} anyone whose platform includes "abolish the Fed, stop printing money like it's nothing" has my vote
[09:06] {cosmo} and your bar code tatoo too?
[09:06] {Threei} mine is old russian prison tradition... "won't forget my dear mother"
[09:07] {cosmo} never forget mother earth i say
[09:15] {dino} gm all
[09:15] {Threei} dino :)
[09:16] {kazaam} gm
[09:16] {dino} :)
[09:16] {esemde} dino....another day another 100,000 dollars ehhhh
[09:16] {dino} in my dreams
[09:16] {Threei} kazaam :)
[09:16] {esemde} kaz
[09:17] {dino} tough match, i had to give 7 strokes guy shoots 7 over par
[09:17] {esemde} that would kill ya
[09:17] {dino} it did
[09:17] {dino} i shot 3 over and lost
[09:18] {esemde} i'm playing off a 9 these days...and these goofs i'm playing with are 18 teens and cleaning my clock
[09:19] {dino} yeah, those kids can whack a ball
[09:19] {esemde} ya out of bounds....
[09:19] {dino} i'm a 12, just played well last night (9 holes)
[09:20] {esemde} no better place to meet people but out on the links....someday dino we'll get out
[09:20] {dino} i would like that
[09:22] {dptl} good morning all
[09:22] {Threei} dp :)
[09:23] {Threei} scroll up please, dp, you'll see what you are going to be tasked with on our next get-together
[09:23] {Threei} make sure you work out preparing for that, esemde is no slouch
[09:24] {magoo} ill start practicing more intense drinking then vad
[09:24] {dino} i will be there
[09:24] {magoo} get my stamina up
[09:24] {dino} just swing by my neighborhood magoo,
[09:25] {Threei} let me know when you can pour full glass of vodka (about 6 ounces) in your throat in one swoop and polish it off with nothing but cigarette, magoo
[09:25] {magoo} ah..cigarette is the only problem..other easy
[09:26] {magoo} u golf vad?
[09:26] {Threei} no, sorry
[09:26] {dptl} lol
[09:27] {dino} good, no lectures then, :)
[09:29] {esemde} morning dp
[09:29] {Threei} FCEL... maybe quick opening scalp
[09:31] {Threei} no clear setup
[09:32] {esemde} bstop LEH 32.47 1/2 lot
[09:33] {magoo} solars active todayt
[09:34] {Roman} 21 LLNW
[09:34] {Roman} 21 feels higher
[09:34] {Roman} 21 over $
[09:34] {Roman} 21 4
[09:35] {Threei} SOLF .95 long if stays above .80
[09:35] {dino} vrtx
[09:37] {Threei} LLNW, from daily... if takes 4, has a real shot to be a star
[09:37] {Roman} 21 long OMNI small
[09:37] {Roman} 21 6.25 area
[09:38] {Roman} 21 is SOLF still valid Vad?
[09:38] {magoo} LLNW..u waiting for pullbk?
[09:38] {esemde} long Leh .42
[09:38] {Threei} hard to tell Roman... not sure
[09:38] {Roman} 21 long SQNM
[09:38] {Roman} 21 9.33
[09:39] {magoo} in LEH w/ya ES
[09:39] {Threei} oh shh
[09:39] {Threei} missed VVUS
[09:40] {Threei} watching for possible pullback
[09:41] {Threei} SOLF setup is back
[09:41] {Threei} same condition
[09:43] {Threei} should cut through 22 like hot knife through buter
[09:43] {Threei} there
[09:43] {Threei} over 1:1
[09:43] {dptl} out .09 ty
[09:44] {Threei} welcome sir
[09:45] {Threei} CPSL 5.70 long if stays above 5.60
[09:45] {magoo} i like CSIQ here any thoughts?
[09:45] {Threei} not sure mags
[09:46] {peterg} where place stop SOLF if in at .85?
[09:46] {peterg} I wasn'
[09:46] {Threei} stop under .80, and spike over 22 was for partialing out or taking scalp
[09:48] {esemde} out flat on LEH .41
[09:48] {esemde} -.01....bouncing all over the place i don't recognize the pattern
[09:49] {magoo} if IF LEH takes .70 we get near 33
[09:49] {Threei} LEH
[09:49] {Threei} - rumor circulating that they have secured over $5B through an Asian financial institution
[09:49] {esemde} are you in mags
[09:49] {magoo} [09:40] {magoo} in LEH w/ya ES
[09:49] {magoo} [09:40] {Threei} oh shh
[09:50] {esemde} i'm out now's bouncing all over the place too volitile
[09:50] {esemde} i couldn't read it
[09:51] {esemde} looking good for you now though
[09:51] {magoo} actually..u had a good read
[09:51] {esemde} good on ya mags.....
[09:51] {magoo} and it didn't stop us
[09:51] {Roman} 21 out 1/2 SQNM +.18, trailing ramaining
[09:51] {magoo} should have hung in
[09:51] {Threei} TKLC
[09:52] {Threei} .50 meltdown long
[09:52] {esemde} ya....but it was that second shot down to 32.04 that threw me
[09:52] {Threei} if stays above .40
[09:52] {magoo} in CSIQ.95 goota do iyt
[09:53] {Threei} ZIXI got away too
[09:53] {Threei} I am not hunting very well today
[09:53] {fernp} PETM
[09:53] {dino} no trades yet
[09:54] {dino} missed vrtx s i wsas at 33.40
[09:54] {dino} twp, regn interesting
[09:56] {dino} magoo doing his ross perot impression
[09:56] {Threei} sorry dino... must be tough on you
[09:57] {esemde} nice one magoo LEH....looks like it's going to give 33
[09:57] {magoo} "if ya take a penny...and double...well shiiite...u up 100 percent"
[09:58] {magoo} thats ross
[10:00] {Threei} *Q1 MORTGAGE DELINQUENCIES: 6.35% V 5.82% PRIOR
[10:00] {dino} now i'm going to make magoo mad, out ma from yesterday afternoon, 301.43, +3.20
[10:01] {magoo} that does piss me off
[10:01] {magoo} he holds a nutso stox overnite..slacker goes golfing..and profits while i work 8 to 6pm everyday
[10:01] {dino} he yells it doesn't count, i say w/chuck it does
[10:02] {dino} shake 'n bake baby
[10:02] {Threei} beautiful job on SQNM Roman
[10:02] {Roman} 21 ty
[10:03] {Threei} tagging yesterday's high
[10:03] {Roman} 21 i am sitting in it
[10:03] {Roman} 21 looking for $10.5
[10:06] {Threei} TKLC merrily triggered
[10:06] {Threei} daily looks good
[10:07] {dptl} hmm...only got 100sh
[10:07] {Threei} VVUS
[10:07] {Threei} .50 break long if holding above .35
[10:08] {Threei} SQNM humming along
[10:08] {Threei} 10.50 you say Roman?
[10:08] {Roman} 21 yes, y not
[10:08] {Threei} OK... you promised
[10:08] {Roman} 21 is CPSL still valid?
[10:08] {dino} ipi l sm .40, stop .04
[10:08] {magoo} i can't take it..ill have to chase in SQNM
[10:09] {Threei} would like to see more activity in CPSL... not sure
[10:09] {esemde} mago are you still in LEH...if so are you reading it now
[10:09] {magoo} it hasn;t stopped me..waiting 33.29
[10:10] {Threei} magoo? reading? dino, could you please disillusion ese?
[10:10] {magoo} stop is 31.99, entry was w/u .42
[10:10] {magoo} halfer
[10:10] {dino} ahhh, es, magoo really doesn't know how to read, he watches the colors
[10:10] {Threei} there
[10:10] {esemde} was just wondering what your seeing as opposed to me....
[10:11] {_rant} any read on SVR ?
[10:11] {_rant} down 8%
[10:11] {magoo} i see 33 as a magnate
[10:11] {Threei} strong market rant... why bother with losers?
[10:11] {magoo} on a powerful volatile stock
[10:11] {esemde} gotcha......
[10:11] {magoo} THERE
[10:11] {esemde} and there you go
[10:12] {magoo} OUT
[10:12] {magoo} .29
[10:12] {esemde} nice!!!!
[10:12] {Threei} wtg mags
[10:12] {magoo} colors work dino...don't get tpo complicated
[10:12] {dino} lol and gj
[10:12] {Threei} they sure do
[10:12] {magoo} .42 to .29 plus something good
[10:13] {magoo} look at high ES
[10:13] {magoo} .31
[10:13] {Threei} green good, red bad - all you need to know when long
[10:13] {Threei} inverse when short
[10:14] {Roman} 21 ASIA vad
[10:14] {Roman} 21 ?
[10:14] {dino} that explains alot as i'm color blind
[10:14] {Roman} 21 CSUN?
[10:14] {Threei} SQNM should penetrate 10 easily
[10:14] {magoo} thats
[10:14] {Threei} TKLC chewed through the next resistance
[10:15] {magoo} don't want to listen to vad and roman pat each others back all day and not profit
[10:15] {Roman} 21 :)
[10:15] {dino} matk sm l .10
[10:15] {magoo} out CSIQ .15, + .20
[10:15] {Threei} TKLC over 1:1 actually... but not a scalp for me
[10:15] {Roman} 21 vad, is CSUN going to penetrade ?
[10:15] {dptl} there....out +$10 tklc....ty :)
[10:16] {Threei} can't get a feel for it Roman
[10:16] {Roman} 21 new work, penetrade
[10:16] {Threei} lol dp... don't spend it all at once
[10:16] {Roman} 21 new word that is
[10:16] {dptl} :)
[10:16] {Threei} inflation is rampant as it is
[10:16] {Threei} don't want you to add to the problem
[10:18] {dino} wtg
[10:19] {Threei} half out TKLC .72 and .71
[10:19] {Threei} stop to .49 for the balance
[10:19] {Threei} offering SQNM into spike over 10
[10:20] {_rant} YGe
[10:21] {dino} out matk .50 +.40
[10:21] {Threei} cna't stand it, out half .99
[10:22] {magoo} waiting .08'
[10:22] {dptl} to go..have a great day everyone :) see ya tomorrow
[10:22] {Threei} ugh
[10:23] {magoo} take care do:)
[10:23] {Threei} take care dp... I knew you wanted to spend that $10 asap
[10:23] {dptl} lol
[10:23] {Roman} 21 ROYL bouncer
[10:24] {magoo} did we ever find out what SQNM does?
[10:24] {dino} later dp
[10:24] {Roman} 21 VNDA long
[10:24] {Threei} finally
[10:25] {Roman} 21 small VNDA 5.20
[10:25] {magoo} out SQNM
[10:25] {Threei} yes mags
[10:26] {magoo} lil scalp..late to pasrty but hey..picked up
[10:26] {Threei} probably due to pull back
[10:26] {Threei} you got in really late
[10:26] {Threei} so have to control risk tighter
[10:26] {magoo} showiung up at frat party at girl...and split with her by 1 a.m
[10:27] {magoo} not my ultimate fantasy girl..but not alot of effort either
[10:27] {Threei} last time I tried to do that, my wife told me it was very impolite
[10:27] {magoo} and it worx
[10:28] {Roman} 21 CROX
[10:28] {Roman} 21 nearing yesterday's high
[10:28] {magoo} check this wife was at same college as me at same time...but i had different girl friend at the time
[10:29] {Roman} 21 u went to college?
[10:29] {Roman} 21 wrong window sorry
[10:29] {magoo} oh yeah baby..6 years in fraternity
[10:30] {Roman} 21 6 years, i got masters?
[10:30] {Threei} VVUS is valid
[10:30] {magoo}
[10:31] {magoo} i tried not to let studying interfere with my education if u know what i mean
[10:31] {dino} b.s finance
[10:31] {dino} had to erase all of that to learn trading
[10:31] {dino} you know, "the efficient market" junk
[10:31] {Threei} what bs
[10:32] {Threei} invention of academics never traded single share
[10:32] {dino} bachelor of science, business finance
[10:32] {Threei} random market is another piece of crap
[10:32] {dino} agree
[10:33] {dino} every day i do what cannot be done according to old profs.
[10:33] {Threei} exactly
[10:34] {dino} alog
[10:34] {Threei} here is the summary of magoo's years in college: his comrades copulated with anything that breathed and moved; he, on another hand, never saw the necessity to limit himself so severely
[10:35] {dino} who would've thought i could make $ listening to alternative rock, while watching mtv
[10:35] {fernp} JDSU vad?
[10:36] {Threei} blast from the past
[10:36] {Threei} tempting
[10:36] {Threei} well, .51 long with .39 stop... why not
[10:36] {fernp} ok
[10:37] {Threei} sheesh, Roman is right about 10.50
[10:37] {Threei} I am out .25
[10:37] {Threei} can't take it anymore
[10:38] {Threei} marrow starts boiling in my scalper bones
[10:38] {Roman} 21 out a bit more +.89
[10:39] {Threei} VVUS
[10:39] {Threei} trrriger
[10:39] {dino} nice
[10:40] {magoo} vvus? what was trig?
[10:41] {Roman} 21 out VNDA 1/2 +.25
[10:41] {magoo} was busy looking up the word " copulated"lol
[10:41] {Threei} [10:07] {Threei} VVUS
[10:41] {Threei} [10:07] {Threei} .50 break long if holding above .35
[10:41] {Roman} 21 out 1/2 OMNI +.19
[10:41] {Threei} scorching hot Roman
[10:43] {Roman} 21 VNDA getting interesting
[10:43] {Roman} 21 volume coming in
[10:45] {Roman} 21 but to buy this on on strong pullback
[10:45] {Chaeron} good morning all... VVUS still valid?
[10:46] {Threei} hi chaeron, yes
[10:46] {Chaeron} and JDSU?
[10:46] {Threei} yes but JDSU is a very slow one, be warned
[10:46] {Roman} 21 out remaining SQNM +1.27
[10:47] {Threei} what the hell just happened on VVUS?
[10:47] {Chaeron} dang missed vvus
[10:47] {Threei} chaeron bought
[10:47] {Threei} ?
[10:47] {Threei} lol
[10:47] {Threei} I thought that was you
[10:47] {Threei} and Roman...
06[10:47] * Threei slaps Roman around a bit with a large trout
[10:48] {Roman} 21 to make u feel better i only had 300 shares left
06[10:49] * magoo slaps Roman around a bit with a large trout
[10:50] {magoo} indecent
[10:50] {Threei} totally
06[10:50] * magoo slaps kazaam around a bit with a large trout
[10:50] {Threei} even 300 shares don't make it any better
06[10:50] * magoo slaps peterg around a bit with a large trout
06[10:50] * magoo slaps _bounce around a bit with a large trout
[10:50] {Threei} uh oh
06[10:50] * magoo slaps _rant around a bit with a large trout
[10:50] {Threei} trout rage
06[10:50] * magoo slaps Threei around a bit with a large trout
06[10:50] * magoo slaps Chaeron around a bit with a large trout
06[10:50] * magoo slaps cosmo around a bit with a large trout
06[10:50] * Threei is hiding under the nearest rock
06[10:50] * magoo slaps dino around a bit with a large trout
[10:50] {kazaam} lol
06[10:50] * magoo slaps dptl around a bit with a large trout
06[10:50] * magoo slaps esemde around a bit with a large trout
06[10:50] * magoo slaps fernp around a bit with a large trout
06[10:50] * magoo slaps hawkfan4 around a bit with a large trout
[10:50] {Threei} VVUS 1:1
06[10:50] * magoo slaps jmb around a bit with a large trout
06[10:50] * magoo slaps patience around a bit with a large trout
06[10:51] * magoo slaps patience around a bit with a large trout
06[10:51] * magoo slaps patience around a bit with a large trout
[10:51] {Threei} stuck?
[10:51] {magoo} see if she is paying attention
[10:51] {Threei} out half VVUS .70
[10:51] {Chaeron} nice on VVUS... too bad I am only spectator..............
[10:51] {Threei} it was right there for you when you asked...
[10:51] {Threei} under the trigger
[10:52] {Threei} why hesitation?
[10:52] {Chaeron} looking at too much
[10:52] {Threei} stop from that entry would be lousy 121-13 cents
[10:56] {magoo} jesus..SQNM vad roman
[10:56] {Chaeron} holy cow status
[10:59] {esemde} I'm outta here all have a great day...see ya tomorrow
[11:01] {fernp} take care ese
[11:02] {Threei} bye ese
[11:03] {Threei} I want all those academics to have a look at our daily return and reiterate their "market can't be timed" thesis
[11:04] {Threei} - Notes some inflation expecations worsened in Feb and March, but have since stabilized, Fed's decision on rates will be data dependent
[11:04] {Threei} - Expects US growth to increase gradually in next 12 months,
[11:04] {Roman} 21 VNDA highs
[11:04] {Roman} 21 nice
[11:04] {Roman} 21 AAPL magoo,
[11:05] {magoo} l rimm here
[11:05] {Threei} - Remarks that the BSC deal did not come easily, was 'excruciating choice', other banks may seek similiar accomodation due to moral hazard affecting expectations
[11:05] {Threei} welcome to cold war, episode 2
[11:07] {magoo} out rimm
[11:07] {magoo} do not like charet
[11:09] {Threei} VNDA getting pewrky
[11:10] {dino} ipi stop to .60
[11:10] {dino} matk l .90
[11:10] {magoo} l aapl here
[11:11] {magoo} .65
[11:14] {magoo} out here .91
[11:14] {magoo} +.36
[11:14] {Threei} wtg
[11:14] {Threei} wastchng SQNM for possible short setup
[11:15] {magoo} avail?
[11:15] {Threei} yes
[11:15] {Threei} keep it to half lot
[11:15] {magoo} risky..but back in RIMM l
[11:15] {magoo} .25
[11:15] {dino} matk stop to .20 ipi to .70
[11:17] {Threei} typed "11 loss trigger" and was a bit late...
[11:17] {Threei} if bounces into 11 and can't break it, short with 11.10 strop
[11:20] {Threei} deep
[11:20] {Threei} and if oil continues to increase, planes are going to start dropping from the sky
[11:20] {magoo} RIMM should go here
[11:20] {Threei} there... I can do it as well
[11:21] {magoo} u like flying vad?
[11:21] {Threei} used to
[11:21] {magoo} same more
[11:21] {Threei} not now with all the security
[11:22] {Roman} 21 long ACPW off 1.60
[11:26] {Roman} 21 NVLS spike down
[11:32] {magoo} l aapl .10
[11:35] {Threei} yes... let's start witch hunt
[11:35] {Chaeron} which Congressman?
[11:36] {Threei} doesn't say
[11:36] {Threei} I'd like to know their definition of the word manipulation
[11:37] {magoo} wait .61 rimm
[11:40] {magoo} waiting .42 aapl
[11:41] {magoo} OUT +.32
[11:41] {magoo} TY vad
[11:41] {Threei} hmm?
[11:41] {magoo} aapl
[11:41] {Threei} I never called it
[11:42] {magoo} oh..that was mine
[11:42] {Threei} I'll take the credit if you insist
[11:42] {Threei} but just want to keep record straight :)
[11:42] {magoo} [11:33] {magoo} l aapl .10
[11:43] {magoo} in it so so long forgot who called it
[11:43] {Threei} market got locked into tight range
[11:43] {Threei} sitting on a sideline so far
[11:43] {Threei} morning was pure beaurty
[11:43] {Threei} -r
[11:45] {magoo} greed not selling rimm .61
[11:46] {magoo} bvutv if IF someone with me.....u should
[11:47] {kazaam} when looking over your old videos i noticed sometimes you guys would reference the Nasdaq futures moving higher as a good confirmation to a trigger
[11:47] {magoo} anyone go with me?
[11:47] {kazaam} if the nq is trending higher would you take a short?
[11:48] {magoo} i usually won't
[11:48] {Threei} depends kaz
[11:48] {Threei} usually not but there are salmons
[11:48] {Threei} stocks that swim against the current
[11:48] {Threei} imagine a stock that consolidates near the low while NQ moves higher
[11:49] {Threei} it's likely to break down as NQ pulls back
[11:49] {kazaam} gotcha
[11:53] {Threei} have a look at BEAV
[11:53] {Threei} consolidation near 29.50
[11:53] {Threei} NQ pulled back slightly over last 5 min, look how BEAV broke down
[11:54] {magoo} out RIMM .40, dummy
[11:54] {kazaam} i c
[11:54] {magoo} + .15
[12:01] {Threei} wow... some of them get it... or, some of them say it as it is
[12:15] {_bounce} Were the trades you called today pulled from your scanner Vad?
[12:16] {Threei} most yes
[12:16] {Threei} some were simply from watching active stocks
[12:16] {_bounce} Thanks
[12:16] {Threei} like VVUS, that was on radar from yesterday
[12:22] {kazaam} are you filtering through trades and stocks constantly or do you find a small group and just work within that small group?
[12:22] {Roman} 21 CSUN and other solars on radar
[12:22] {Threei} nope, whole market
[12:26] {Threei} MBI
[12:26] {Threei} CEO DISCLOSES BUY OF 159K SHARES AT $5.91/SHR
[12:27] {Threei} he is up 4 cents
[12:27] {Threei} one necessary addition kaz,
[12:27] {Chaeron} sell!!!
[12:28] {Threei} I will pay more attention to those that belong to the hot sectors
[12:28] {Threei} even though I scan for all of them
[12:28] {Threei} you could see us focusing on solars, or oil services
[12:28] {Threei} or financials
[12:29] {kazaam} gotcha
[12:30] {Threei} also, there is way to find next candidate by going off sympathy concept
[12:30] {kazaam} sympathy? correlation by sector?
[12:30] {Threei} if one of solar leaders show active movement, it's reasonable to starty looking through the sector
[12:31] {Threei} and find those that move in unison
[12:31] {Threei} with idea to use the delay for early entry
[12:31] {Threei} snake principle
[12:31] {kazaam} oh i see
[12:31] {Threei} tail goes where head does
[12:35] {Threei} ok QTWW
[12:35] {hawkfan4} i trade STP off of FSLR all the time
[12:36] {Threei} sheesh... I didn't sell all that much
[12:37] {kazaam} is the move of FSLR the trigger for STP or do you also look for some other confirmation?
[12:37] {Threei} anyway, out 2K more at .93
[12:37] {Threei} 1K left
[12:37] {Chaeron} then we short??? :)
[12:37] {Threei} hmmm
[12:38] {Threei} it's not even available :)
[12:38] {hawkfan4} other factors, watch the whole have to watch them for a while to get a feel for how the relate
[12:39] {hawkfan4} the=they
[12:39] {kazaam} gotcha
[12:53] {dino} fast drop ipi
[13:01] {dino} matk sm l .40
[13:17] {magoo} .
[13:17] {Threei} very fine point
[13:29] {dino} out matk .50 +.10
[13:31] {Threei} amazing how market died completely
[13:33] {magoo} or are u sleeping?
[13:33] {Threei} that too
[13:34] {Threei} but it never impacted my trading before
[13:34] {Threei} you don't seriously think I trade being awake, do you
[13:40] {Threei} what's with CBAK
[13:40] {Threei} no news
[13:43] {Threei} - Bad regulations risk setting up the next crisis.
[13:43] {dino} cbak, insider buy 1,080,000
[13:44] {Threei} ty
[13:44] {dino} whats w/oyog last two days
[13:45] {dino} grmn fast drop
[13:50] {Threei} 11 loss is another short try SQNM
[13:50] {Threei} 11.15 stop
[13:53] {kazaam} why short on SQNM?
[13:53] {kazaam} is 11 critical support?
[13:54] {Threei} lower high, market running out of steam, volume dries up on advances
[13:54] {kazaam} awwww volume
[13:54] {dino} sm s vrtx .49
[13:54] {Threei} first run topped out at 11.25
[13:55] {Threei} this one at 11.14
[13:55] {Chaeron} I'm in... if that makes a diff magoo :)
[13:55] {Threei} fair chance of reversal for the stock that traded under 8 just two days ago
[13:55] {Chaeron} 11.00
[13:56] {Threei} and with 15 cents stop... honestly, I'll take almost any trade that makes any kind of sense :)
[13:57] {Threei} dino... I just figured out why GRMN dropped
[13:57] {Threei} gasolin going up, driving is way down, and he {G}who doesn't drive has no need in GPS
[13:57] {dino} lol
[13:58] {Chaeron} that's logical :)
[13:58] {Threei} I am king of logic
[13:58] {dino} you are all knowing
[13:58] {Threei} I was barely 5 when I figured out that if tree good then fire bad
[13:59] {Threei} now, less brillinat part is, this philosophy stayed with me ever since
[14:00] {magoo} im confused
[14:00] {Threei} welcome to my normal state
[14:00] {magoo} i thought normal state for u was sleep?
[14:01] {Threei} why do you think I like GRMN so much?
[14:01] {Threei} SQNM under 1:1
[14:01] {Chaeron} 1:1
[14:01] {Threei} like shooting fish in a barrel
[14:01] {Chaeron} sorry Threei, thought you were bantering with magoo
[14:01] {Threei} I am good at multitasking
[14:01] {Chaeron} hit it over head to go under .70 and we can move on please?
[14:02] {Threei} which explains why I can successfully combine being confused and sleeping at the same time
[14:02] {Threei} does it answer it mags?? :)
[14:04] {magoo} OY:)
[14:05] {Chaeron} mkt airpocket
[14:05] {Threei} come on, admit it: sleeping, being confused and having 5 years old outlook on life constitutes very good multitasking
[14:06] {Chaeron} or just ADD :))
[14:06] {magoo} but u are confusing someone who took 6 years to complete 4 year college curriculame
[14:06] {Chaeron} "lame"? heh
[14:06] {Threei} freudian slip?
[14:06] {dino} what are you guys yapping about? confusing me
[14:07] {Threei} rofl
[14:07] {Threei} good one dino
[14:07] {dino} hate to do it but......................dieeeeeeeeeeeeeeeeeeeeeeeb vrtx
[14:07] {Threei} too bad esemde and bruce are not here... they would have enjoyed this immensely
[14:07] {Chaeron} cmon SQNM give it up.... folllow the market, will ya?
[14:08] {Threei} just play it by the book chaeron
[14:08] {Threei} 1;1, half out, trail balance
[14:08] {Threei} no need to invent wheel
[14:08] {Chaeron} yeah yeah... I want to go to the bathroom...
[14:08] {Threei} so?
[14:08] {Threei} set stop
[14:09] {Chaeron} noooo
[14:09] {dino} lol
[14:09] {Threei} well, if your bladder sues you for cruel and unusual punishment...
[14:10] {magoo} are u don't edit any of this crap??
[14:11] {magoo} although to edit crap would be like 75%
[14:11] {Threei} nope
[14:12] {Threei} I'll leave it for ese and bruce to read
[14:12] {Threei} I am too lazy to track down all the crap
[14:13] {dino} are you still talking about chaer's bathroom
[14:13] {Threei} lol
[14:21] {Chaeron} man... marlet not sucking SQNM with it
[14:21] {Chaeron} can't you tell I gotta go bad?
[14:22] {magoo} crap..i was looking at wrong stock lol
[14:22] {Threei} rofl
[14:22] {magoo} staring at aapl..not in it
[14:25] {Roman} 21 long SOLF small?
[14:25] {Roman} 21 took some
[14:25] {Roman} 21 21.87
[14:25] {Threei} with stop under .80?
[14:26] {Roman} 21 yeah, tight
[14:34] {kazaam} as i am learning i dont know if i want to pay 150 a month for laser, would you guys suggest I just use mbtrading until I develop a profitable method?
[14:35] {Chaeron} where's Dave????
[14:36] {dino} dk kaz...i'm w/schwab/stsmartpro/cyber
[14:36] {dino} charts free
[14:36] {Roman} 21 FCEL long setup
[14:36] {Roman} 21 spike
[14:36] {Roman} 21 looking good
[14:36] {Roman} 21 hate to chase
[14:37] {Threei} kazaam, dcc
[14:43] {Threei} IVAN
[14:43] {Threei} 52 week high
[14:44] {Threei} broke important resistance at 3
[14:46] {Chaeron} SQNMstopped
[14:46] {Chaeron} -.17
[14:47] {Threei} you didn't trail it?
[14:47] {Chaeron} didn't see that
[14:47] {Chaeron} too busy dancing...
[14:48] {dino} lol
[14:49] {Threei} [14:08] {Threei} just play it by the book chaeron
[14:49] {Threei} [14:08] {Threei} 1;1, half out, trail balance
[14:49] {Threei} [14:08] {Threei} no need to invent wheel
[14:50] {Chaeron} ok, ok, can I go now???
[14:52] {dino} please
[14:59] {Roman} 21 out 1/2 SOLF +.27
[15:00] {dino} gj
[15:00] {magoo} nice rfr
[15:00] {Roman} 21 ty
[15:00] {Roman} 21 markets helped
[15:05] {peterg} Am about to install intelliscan, and I figure I will be so overwhelmed with information I won't be able to think for weeks. Thoughts?
[15:06] {magoo} huh?
[15:06] {Threei} I am overwhelemed by the very attempt to think
[15:06] {magoo} i gotta pee sooooooo bad now
[15:06] {peterg} Heck, I can't even make a decfision anyway.
[15:06] {peterg} Do it.
[15:06] {dino} esmk
[15:06] {magoo} just DO IT...we all did
[15:06] {peterg} OK
[15:06] {Threei} I didn't
[15:09] {magoo} i really gotta go
[15:12] {Threei} what now?
[15:12] {magoo} in RIMM olong
[15:12] {Threei} where did all this happiness come from?
[15:12] {magoo} havre to pee BBBBBAAAAAAAAAAADDDDDDDDDDD
[15:13] {Threei} a bit more information than we needed
[15:13] {Threei} especialy considering that we are overwhelmed by information as it is
[15:13] {magoo} the position info??
[15:16] {Threei} look at LEH
[15:26] {dino} vrtx bstop to .40 won't move
[15:29] {dino} cov +.10
[15:32] {magoo} news RIMM vad?
[15:32] {Threei} nope
[15:32] {magoo} tanked
[15:32] {Threei} ABK
[15:32] {Threei} - says it has substantial excess capital available under both Moody's and S&P's capital models
[15:33] {dino} cvat fight
[15:33] {dino} cat
[15:34] {Threei} more like class geek objecting while being beat up by school bully
[15:35] {Threei} you hit me in the eye? I disagree with your action
[15:36] {Threei} so, how likely is it IVAN gaps up tomorrow morning?
[15:37] {Threei} not taking it home for the following reason:
[15:37] {Threei} it's a very thick stock, moves very slowly, and even if it gaps, it's likely to give a lot of entry opportunities
[15:37] {Threei} so why take additional risk
[15:46] {Threei} interesting day
[15:46] {Threei} very active in the morning
[15:47] {Threei} pause later in the day, still holding near the high,
[15:47] {Threei} and look where this high is:
[15:47] {Threei} NASDAQ high from previous rally
[15:47] {Threei} 05/19
[15:48] {dino} hmmm
[15:48] {Threei} horisontal support at 1945 - 1950 held,
[15:48] {Threei} we hit highs again
[15:48] {Threei} LEH seems to be supported
[15:48] {Threei} ABK and MBI too
[15:49] {Threei} we may be looking at new phase of bull move, however improbable it sounds
[15:49] {cosmo} sounds reasonable
[15:50] {dino} matk l .20
[15:50] {Threei} improbale to such degree that it becomes reasonable
[15:50] {Threei} I like the sound of it
[15:50] {magoo} what would hurt the most?bear or bull
[15:52] {dino} stop to .30
[15:52] {dino} out +.10
[15:52] {dino} calling it a day, thx all, good one
[15:53] {Threei} mags,
[15:53] {Threei} problem is
[15:53] {Threei} market is very sensitive to any kind of news
[15:53] {Threei} any projection can get shuttered in minutes
[15:53] {Threei} so... I am just playing it by ear
[15:53] {Threei} keeping an eye on big pocture to have some kind of framework
[15:55] {cosmo} maybe see a doctor...
[15:55] {Threei} OK guys, thank you all
[15:55] {Threei} have a great evening
[15:55] {Threei} see you tomorrow
[15:55] {kazaam} adios everybody
[15:56] {magoo} TY vad everyone

Wednesday, June 4, 2008

Session Time: Jun 04 2008

4:33 PM 6/4/2008
Session Time: Wed Jun 04 00:00:00 2008
{Threei} UNIT LABOR COSTS: 2.2% V 2.0%E
{Threei} sold balance of OMNI at 6.95, ROYL's gapping down
{Threei} missed 7, so took next best thing
{peterg} gm--had to use numbers to get in
{Threei} good morning
{Threei} really?
{peterg} xxxx7044
{Threei} hmmm... shouldn't be that way
{peterg} got in yesterday
{peterg} without effort
{peterg} shall i try again?
{Threei} nah... let's wait what others report
{peterg} k
{Threei} if it's widespread, problem reappeared
{Threei} if they are fine, it could be that your particular ISP needs to update DNS records
{Threei} which means just wait
{magoo} k,fhxfnkvhnfksjxvhjkfhvkx
{Threei} good morning to you too mags
{Threei} how did you connect?
{magoo} easily connected
{magoo} LEH very active
{Threei} ok, ty
{Threei} yeah... in such cases bad news tend to pile up
{Threei} but I have to say, this case is not clear cut
{magoo} two thoughts...some people are thinking it can go to single digits like BEAR
{Threei} all the eery resemblances to BSC are there,
{magoo} and other thougfht is thats too easy...mkt never makes it easy
{Threei} but to say honestly, I have hard time to see similar outcome
{Threei} exactly
{Threei} obviously there are a lot of troubles
{Threei} but, unlike in BSC case,
{Threei} market is so eager to look for any positive
{magoo} shorts may get killed just to kill them
{Threei} that slightest hint that troubles are not that deep as Bear's can skyrocket the stock
{magoo} rarely get repeat scenario in market
{magoo} thats why its so hard
{Threei} I strongly disagree but not because I have any reasonable argument... I just like to disagree {G}
{peterg} The disagreement heightens the pleasure of the assertion
{Threei} that's deep
{Threei} I'd say I need a week to ponder this
{peterg} thats my problem
{Threei} see you all next Wed
{magoo} man..IDEV cut in half
{Threei} FDA troubles
{magoo} my entire watch list RED except QID{and i know why qid up before u go into 5 paragraphs explanation vasd lol}
{Threei} sigh
{Threei} OMNI is up, allow me to say
{Threei} and that was my chosen gapper
{magoo} not on my list lol
{Threei} you may want to watch another list {GGG}
{Threei} reminds me an old Soviet joke about a guy who tried to obtain permission to immigrate
{Threei} KGB agent tasked with convincing those who wanted to leave to reconsider
{Threei} started showing him a globe
{Threei} commenting how bad it was in this country, in that country
{Threei} guy listened, then asked
{Threei} sorry... may I have some other globe?
{Threei} - raises light and extra light prices to Asia in July
{Threei} why did I sell OMNI?
{pita} gm
{Threei} pita :)
{Threei} LIVE
{Threei} As a Google AdWords Authorized Reseller, LiveDeal's dedicated direct sales force will encourage local businesses to use AdWords online advertising as a cost effective, efficient way to find and target new customers.
{Threei} - Financial terms were not disclosed.
{Threei} lovely OMNI
{cosmo} TIBX might heal
{cosmo} 7.18 high so far
{Threei} 06/03/08 05:00pm [TIBX] Guides Q2 EPS $0.05-0.06 v $0.08e, R $147-149M v $153.6Me
{dptl} good morning all
{fernp} good morning
{Threei} dp, fern :)
{Chaeron} good morning everyone
{Threei} chaeron :)
{Chaeron} QTWW nice premarket...
{Threei} yes but as we saw yesterday it's not immune to market movement
{Threei} thinking of taking our that half I rebought yesterday
{Threei} kind of "trading around core position"
{Threei} also known to scalping course owners as umbrella concept
{Threei} OMNI is a bittersweet for me
{Threei} sweet part is, nice to know I can pick a gapper in this market
{Threei} bitter is of course selling too soon, lol
{magoo} i think u are getting alhiemers ed..u are fixating on a single stock all day..yesterday it was QTWW
{Threei} unless you totally tune out LEH
{magoo} i did yesterday{and it cost me}
{Threei} there... tune me out at your own peril
{Threei} luckily you decided to listen when I talked about ROYL :)
{Threei} which btw disproves completely your theory about me and single stock
{magoo} what are we debating again?i forget
{Threei} who are you?
{dino} gm all
{Threei} dino :)
{Chaeron} heya dino :)
{dino} :)
{Threei} MER
{Threei} are they getting ready to buy LEH? :)
{dino} indeed, sounds like the vultures are circling
{dino} no offense raven
{Threei} lol
{_osbo} HI
{Threei} big bird is on two-weeks vacation
{Threei} osbo :)
{dino} whew, was worried
{Chaeron} good luck to all...
{magoo} LEH lv 2 nuts
{Roman} 21 SQNM
{Roman} 21 watch, coulbe be aiming for 9.25
{Threei} had news
{Threei} 04:01am [SQNM] Announces positive results from screening studies using the Company's noninvasive circulating cell-free fetal nucleic acid SEQureDx(TM) Technology
{Threei} CSUN
{Threei} .90 long
{Threei} if stays above .75
{dino} amwd
{dino} darn can't borrow
{Threei} missed first SQNM spike
{Threei} will try .87, if that big offer gets taken at .86
{dino} funny i wanted s at .64
{dino} 9 that is
{dino} sm ipi l .70
{Roman} 21 WB
{Roman} 21 missed 22.15
{dptl} l csun ,92
{Threei} SQNM stop .79
{magoo} watching aapl for bounce
{magoo} depends on mkt obviously
{Threei} half out SQNM 9.05
{_rant} ppo ?
{Threei} nasty spread jumps
{dino} ptek
{Threei} SQNM stop to .84 for the balance
{Threei} CSUN stopped
{dptl} stopped
{Roman} 21 ASIA vad
{Threei} again?
{Threei} didn't it torment us enough yesterday only to be stopped? :)
{dino} kop, bobe
{magoo} l aapl .95
{_rant} ppo went flying
{magoo} out .40 +.45
{Threei} STKL
{Threei} half lot .20 break long
{Chaeron} nice hit magoo
{magoo} ty, anyone go?
{Threei} 6.95 stop
{magoo} straight up from entryu
{magoo} in stkl .19
{Threei} AKAM .31 long
{Threei} .19 stop
{Threei} let's disregard AKAM, too close to oil numbers
{Threei} don't want to get caught into knee-jerk reaction
{Chaeron} aarrrrrrrrgg... was waiting like a cheetah about to pounce
{Threei} if logic has any place, oil inventory numbers should be great
{magoo} yeah..was using vads finger trick..holding button already pressed
{Chaeron} logic?
{Threei} but since when logic has anything to do with market
{magoo} oh dammit, filled when took finger off to type he he
{Threei} lol
{dino} bobe s .74 sm
{Chaeron} what time #s?
{magoo} 10:30
{dino} ipi stop to .83
{Threei} thing went in anticipation
{Threei} last week numbers were very low because of some port delays
{Threei} providing delays were dealt with, build-up should be significant
{Threei} that's the logic I was referring to earlier
{dino} kop s sm .40
{Threei} frikin AKAM :)
{Chaeron} nice call AKAM
{Chaeron} good for you magoo
{magoo} i really filled vad...29 no shit
{Threei} cool, take profit
{magoo} oh ok..out .57 he he seriously
{magoo} TY
{magoo} i guess
{Threei} welcome
{magoo} gotta work on that finger trick more i guess
{Threei} lol
{Chaeron} yeah... keep practicing... become rich while you practice
{magoo} ok the plan chaer..i gonna go push buitton on rimm..then u ask m,e a questuion...ill let off to type and fill..then profit
{Roman} 21 WB
{Roman} 21 long
{Chaeron} lol
{Roman} 21 21.85 stop 21.69
{dino} bobe bstop is .02,
{dino} ipi to .98
{dino} out ipi .04 +.34
{dino} bobe stopped -.28
{Chaeron} .
{Threei} no numbers still
{kazaam} are crude numbers going to determind the break for S&P resistance?
{kazaam} of
{Threei} who knows
{Threei} don't try to predict
{Threei} it's a suckers game
{magoo} hey kazaam..u lost your "_"
{Threei} market strives on taking money from those who think they can analyze and predict how it reacts
{Threei} yes... welcome aboard kazaam
{magoo} welcome bro
{kazaam} indeed, I am now a citizen of the reality trader chat room
{Threei} DOE CRUDE: -4.8M V +1ME;
{Threei} yikes
{magoo} to a profittable...yet speklling challenged existance
{Chaeron} great kazaam
{Roman} 21 :)
{Threei} where is that expected buildup
{Chaeron} "market strives on taking money from those who think they can analyze and predict how it reacts"
{Threei} GASOLINE: +2.9M V +1ME; DISTILLATES: +2.2M V +1.5ME; UTILIZATION: 89.7% V 88.4%E
{Threei} market confused badly
{magoo} theres buildup
{Threei} it's looking around and whistling sheepishly "do I come or do I go"
{magoo} i'm confused badly
{Threei} me too but I don't notice it since it's my usual state
{Threei} oil under 124
{Chaeron} $4.89/gal here for premium tho...
{Threei} oil goes up, price tag on gas station pops the same day
{Threei} oil drops, price tag somehow isn't in hurry
{Roman} 21 out 1/2 +.25
{Roman} 21 WB
{dino} bkop stopped
{dptl} stkl stop still the same .95?
{Threei} trail it now as it made nee high
{Threei} 7.05
{dptl} ok ty
{Threei} it's a bit abnormally volatile
{Threei} so I am careful not to overtighten it
{magoo} AKAM going over 39 imo
{Threei} look at LEH
{Threei} was I right to be hesitant on shorting it today or what
{Threei} OK STKL
{magoo} congrats
{Threei} ugh, retreated from spike before gave exit chance
{Threei} have to have offer laid out
{dptl} yeah...still in
{dptl} offering .40 now
{dino} amed l sm .95
{Threei} LEH lullback into support
{magoo} lost support right?
{Threei} .50 yes, next 31
{Threei} not sure it's going to go there
{Threei} crossback over .50 probably worth a first try
{Threei} stop under .30
{magoo} next support 31
{Threei} dp, out yet?
{Threei} .40 is getting hit
{dptl} out .40 stlk ty
{Threei} welcome
{magoo} im in stkl too boss
{magoo} wait .49
{Threei} may I suggest half out?
{Threei} OK
{magoo} out full TY
{Threei} welcome sir
{Threei} wasn't the easiest of trades but worked nicely
{Threei} jeez
{Threei} what happened on LEH?
{magoo} i know
{Threei} OMG
{magoo} thought leh was in trouble
{Threei} you are not going to believe this
{Chaeron} I so missed that one
{Threei} remember from a day ago
{Threei} LEH defended MER,
{Threei} I said now when MER defends LEH I'll have seen it all
{magoo} seems like conflict of interestthose two
{Threei} there you go, took just one day
{magoo} man that sux....nothing left to see anymore
{Threei} yes
{Threei} I am retreating to a cave
{dino} or maybe mer just bought aslot of leh at 28
{Threei} high up in mountains
{Threei} going to do intense navel-dazing
{Threei} gazing
{kazaam} hopefully that cave has wireless
{hawkfan4} 11:10 Hearing LEH upgraded 15 seconds after hawk sells it for a small loss
{Threei} no... I am going to order beer using smoke signals
{Threei} just one of those cases hawk... can just shrug
{hawkfan4} lol, i know, was unreal
{Roman} 21 out remaining WB +.52
{kazaam} wb
{Threei} there is even price target
{Threei} so, I take it MER is not buyng LEH out
{Threei} STKL takes .50
{Threei} anyone is still in, offer into spike
{dino} ccoi
{Threei} out in full .60
{dino} ccoi sm l .00
{_rant} looking weak
{_rant} not much buying
{_rant} ok some buyin no
{_rant} now
{_rant} good entry 14.15 ?
{dino} lol
{_rant} :)
{dino} remember rant .6666\
{_rant} ?
{dino} my hit ratio
{_rant} ah nice
{dino} not all will work, play the odds
{_rant} what is your search criteria
{dino} whre too .75?
{_rant} sweet
{dino} i like 2 buck fast drops or pops
{_rant} .42 in no time
{magoo} your hit number is also the devils number..that concerns me
{dino} then go other way
{dptl} grabed+.27 ccoi ty dino
{magoo} see my hit number isn't a solid .67
{Roman} 21 watching JASO for short on 20.25 breakdown
{dino} gj dp
{dino} perhaps i expect too much at .75
{dptl}'ll know after ....:)
{dino} :)
{magoo} sh rimm small here .20
{dino} sm last try kop s .38 risky, jumpy
{dptl} tibx?
{Threei} tough one dp... don't know
{dptl} ok ty
{Roman} 21 FRPT long setup, slow one
{Roman} 21 4.18
{dino} kop bstop is .56
{Threei} what's with HIMX?
{Chaeron} I see no news
{dino} nothing
{judijim} hello everyone
{Threei} jj :)
{magoo} out rimm 136 +.20
{Threei} morning was nice... stalled somewhat now but feeling is, market is alive and kicking
{dptl} grabed +.10 tibx
{magoo} morn JJ:)
{Threei} LEH
{Threei} LEH PR machine is hard at work
{Threei} I can see a head of PR department running through cubicles with whip in his hand, yelling "go go go, come up with next headline NOW"
{_rant} see FFIV
{dino} y, for me to gradual
{magoo} vad, thats same work environment dino places on magoo
{Threei} qhat's his subject of demand?
{magoo} yelling"win,win.,win
{Threei} bring beer?
{Roman} 21 CROX
{Roman} 21 spike with vol
{Roman} 21 looks like news
{dino} ever feel unappreciated
{_tangrick} cnbc on crox
{Roman} 21 thank u, i turned off CNBC
{_rant} lol
{_rant} bunch of crooks
{peterg} bunch of crox
{Threei} each time I see those crocs in thes tore, I have hard time believing this stock trades higher than $1 {G}
{hawkfan4} 11:46 CROX Crocs jumps to session highs after analyst from Al Frank on CNBC highlights co's valuation of 6x earnings (10.15 +0.27) -Update-
{kazaam} $10 stock for clown shoes
{peterg} Skechers has come out with competition rubber shoes with holes.
{Roman} 21 SQNM trying
{Threei} but what do I know, I am the guy who who can spell word fashion without looking it up in 10 different ways except the right one
{dino} i hear you vad, but my kids and wife have like 3 pairs each. i don't get it
{Threei} SQNM, I'd try it again at 9.11
{Threei} dino, I'd very tenpted to threaten them with disowning them
{Threei} if I wasn't so sure they would jump on the offer happily {G}
{dino} thats the problem, lol
{magoo} ashamed to admit..but i asked for a pair for fathers day
{Threei} dino... disown magoo
{dino} wonders never cease
{dino} thats it, magoo is buying the first round
{dino} vlcm strange
{Threei} first?
{Threei} I strognly suggest he buys all rounds
{magoo} and if IF i get them..i'll be displaying themn in the office on my feet
{dino} doh!
{Threei} we know it happened when dino's first words upon connection are "my eyes" insteaad of morning
{Threei} what do you know, CROX is climbing... lol
{Roman} 21 it's loaded with shorts
{magoo} crox makes jockey shorts lol
{esemde} Good morning all...just wanted to pop in for a few minutes to say high...had an early morning show ....
{Threei} morning ese
06* magoo slaps esemde around a bit with a large trout
{esemde} morning vad....we were at the convention center singing O Canada
{Threei} magoo has his specific style of greeting
{esemde} felt OK
{Threei} so early?
{magoo} show my first morning one vad
{Threei} is there any event today?
{esemde} yes....we get these calls once in a while to open up conventions
{Threei} [08:39] {magoo} k,fhxfnkvhnfksjxvhjkfhvkx
{Threei} [08:40] {Threei} good morning to you too mags
{magoo} [08:40] {magoo} k,fhxfnkvhnfksjxvhjkfhvkx
{magoo} [08:41] {Threei} good morning to you too mags
{Threei} good to know world flocks to our cute town :)
{esemde} weirdly enough I think I understand that language Vadc
{Threei} that's very very disturbing ese
{esemde} whats the market look like
{Threei} strong and active
{esemde} hmmmmmm kinda up
{Threei} LEH is kicking rears and taking names
{esemde} 74 mil shs.....149 mil yesterday....
{Threei} 10.20 closest support CROX
{Threei} if looking to enter on pullback, here is the chance
{esemde} not I....too late to the feel just yet
{dino} wtg es
{esemde} what did I do?
{dino} waiting to get feel, good sign
{esemde} tks
{_rant} any read on WNR ?
{_rant} down 10%
{Threei} bounce candidate with .15 long trigger
{dino} energy issue thats all
{Threei} stop under 14
{Threei} half lot, a bit volatile
{Threei} most likely just a scalp
{_rant} 73% short interest...
{_rant} upward trend on CHL
{esemde} WNR up 11 days almost....will take a few days to consolidate before making another move
{_rant} thx
{esemde} might be a scalp of some kind though as vad says
{_rant} will let it pass
{_rant} huge short interest
{_rant} all airline stocks are flying
{_rant} RJET
{dino} and they will all be in bankruptcy at years end
{esemde} short interest is reported twice monthly.....after 11 days up some of that has probably been used
{dino} w/respect, not really an issue for me
{esemde} how so dino......not usually my play either
{dino} kop bstop to .22 mkt waking
{_rant} ccoi is sleepin
{_rant} flat
{dino} imo in daytrading, less info is better
{esemde} true...
{_rant} well then u r just pure gambling
{peterg} Agree: as learner, am swamped with information, reading all Vad's opus
{dino} no mistake its all prbabilities the way i trade
{Threei} not at all rant
{dino} kop cov , +.15
{Threei} there is relevant information and there is information that just distracts you from what's really happening
{dino} but rant, i have an edge, so i play the probabilities of it
{Threei} as far as day trading is concerned, a lot of inromation circulating in the market chatter is largely irrelevant
{esemde} when you do this enough can get a feel for momentum in certain stocks
{dino} you must find you're own edge
{esemde} and the level 2 help tip that in your favor
{Threei} there are setups based on recognizable situations
{Threei} stemming from the idea that people's behavior obeys certain patterns
{Threei} etups simply exploit this basic concept
{esemde} for me those situations indicate buying and selling power
{_rant} true, but to play airline stocks today is based on the information that oil is falling
{_rant} without tht information..u r just gambling
{Threei} right
{Threei} no...
{_rant} the key is to filter the information
{dino} potatoe potato, your edge willshow the recognizable situation
{_rant} :)
{Threei} look at it this way
{Threei} you have certain working assumption
{magoo} OY
{magoo} lol
{Threei} in this case it's:
{Threei} oil drops, airline should benefit
{dino} recognizable pattern
{Threei} if you trade off this assumption alone, you ARE gambling
{Threei} but
{Threei} if you use this assumption as a reason to watch
{Threei} form your list
{Threei} and start hunting for the signs confirming your assumption
{Threei} you have a list of candiodates.
{dino} amed stop to .35\
{Threei} All that is left is to time your entries
{Threei} and that's where setups come in
{_rant} true
{_rant} do u setup exit price and stop loss at the time of entry ?
{esemde} news does create momentum for sure.rant just use setups for right entry
{dino} 1:1 basic goal rant, but i usually look for 1:1.5+ because of spikes/capits
{esemde} most of the time I do....but sometimes if I know the issue and the way it trades I'll give it wiggle room
{_rant} hmm
{_rant} coz i always end up changin them..
{dino} only change a stop to your benefit, as in tighten
{_rant} and screw up the trade sometime
{esemde} I agree with dino on that
{fernp} SQNM interesting
{dino} magoo, tell him what happens when you change a stop the wrong way
{magoo} huh?
{dino} it will hurt you!
{_rant} still in ccoi dino ?
{magoo} oh, it will?
{Chaeron} SQNM
{esemde} big time.......
{dino} break the rules you will pay
{esemde} very true.....i payed big time last summer.....huge hit one day because of stupidity
{dino} we've all been there
{dino} amed to .48
{dino} listen to vads' rules, then find your edge
{dptl} grabbed +.10 sqnm ty
{dino} gj
{dptl} ty
{fernp} also out SQNM +.10 TY
{Threei} :)
{Threei} rant
{Threei} look what I found, directly about the topic discussed
{Threei} GENEVA (AFP) - It doesn't pay to be smart and ignorance really is bliss if you want a long life -- at least if you're a fly, according to new research by a Swiss university.
{Threei} Scientists Tadeusz Kawecki and Joep Burger at the University of Lausanne said Wednesday they had discovered a "negative correlation between an improvement in a fly's mental capacity and its longevity".
{Threei} As part of their research project, the results of which are published in the journal Evolution, they divided into two a group of flies from the Basel region of northwestern Switzerland.
{Threei} One half was left in a natural state while the other had its intelligence boosted by Pavlovian methods, such as associating smell and taste with particular food or experiences.
{Threei} Over 30 to 40 generations, these methods led to flies which clearly learned better and remembered things for longer.
{Threei} The flipside was that the flies left in their natural state lived longer on average than their "cleverer" counterparts, with a lifespan of 80-85 days rather than the normal 50-60..
{Threei} "In other terms, the more the fly becomes intelligent, the shorter its lifespan," the scientists said.
{Threei} good boy SQNM
{_rant} swks short .92
{dptl} know less - live longer concept ?
{Threei} yup :)
{dptl} always work...even in fly's world
{dino} cme, nyx lod
{Threei} - Reflects credit profile may not be consistent with current rating given current business prospects
{Threei} - Notes that the IFS ratings for both ABK and MBI will likely fall within AA range, though its possible MBI will drop to single-A.
{Threei} sorry, late with this news
{dino} out amed .53, +.58
{dino} brb
{Threei} MBI shortable... maybe we get worthy bounce
{Threei} or .50 breakdown
{Threei} volume dries up as it nears 6
{Threei} IVAN
{dino} coi stopped -.34
{dino} greed got me, should've trailed
{Threei} it's G,Gekko's fault
{magoo} why is that good LEH?does not need capital
{Threei} that's the idea
{magoo} hey, not as confused as i look
{esemde} have a great everyone...see ya tomorow
{Threei} take care ese
{esemde} see ya Vad
{dino} cya es
{Threei} - The specific ratings affected are the Aaa insurance financial strength ratings of MBIA Insurance Corporation ("MBIA" or the "Insurance Company") and its insurance affiliates, the Aa2 ratings of MBIA's Surplus Notes, and the Aa3 ratings of the junior obligations of the Insurance Company and the senior debt of MBIA Inc., each with a negative outlook.
{Threei} - CEO: "We disagree with Moody's decision today, When Moody's affirmed our rating with a negative outlook in February, we believed that it would refrain for six to 12 months from taking additional ratings actions unless the environment or MBIA's position changed materially.
{Threei} Since then, there have been no material adverse changes in the environment, and we believe our capital position has improved. Thus, we are surprised by both the timing and direction of this action and can only conclude that the requirements for a Triple-A rating continue to change.
{Threei} - There is no question about our ability to cover all policyholder claims, from a regulatory or any other standpoint. "
{_rant} mbi and abk are doomed
{Threei} - "we do not foresee any major additions to loss reserves unless the housing market performs significantly worse than our expectations."
{dino} netl
{kazaam} what kinda play is open on NETL?
{dino} euphoria
{dino} thinking short
{dino} break of .25 area imo
{dino} sm s .30 risky
{Threei} SQNM non-stop
{Threei} feels not done yet
{magoo} u suggest entry?
{Threei} if holding above .40, break...
{Threei} if loses it, tougher to tell
{Threei} it doesn't have clean support levels under .40
{magoo} any read LEH?
{Threei} nah
{Threei} SQNM broke
{magoo} in
{dino} josb
{Threei} REPORTS Q1 $0.53 V $0.46E, R$145.4M V $142.3ME, SSS +6.4% Y/Y
{_rant} yge
06* Threei slaps laserdave1 around a bit with a large trout
06* Chaeron slaps laserdave1 around a bit with a large trout
{Threei} - Notes that the only way to preserve Yahoo is a combination with MSFT
{Threei} - Icahn asks the Board to take back the poison pill severance plan, noting that Yang went to great lengths to sabotage MSFT
{Chaeron} sqnm
{kazaam} to the moon
{magoo} out sQNM .74 nowTY vad
{magoo} +.25
{Threei} wtg
{Threei} noe, what does SQNm even do?
{Threei} lol
{dino} gj
{magoo} oil??
{Threei} to return to smart flies topic for a sec... with very vague idea of what field SQNM is in, did it prevent us from finding it and profiting from it?
{kazaam} that is kinda one aspect of such active trading that i have to adapt to because i am so familar with watching one e-mini or one currency
{dino} v sm l ma .23
{Threei} this is not much different kazaam, if you adopt this view:
{Threei} we do not trade companies,
{Threei} we trade people.
{Threei} Their reactions
{Threei} patterns they display
{Threei} With this angle, it's all the same
{Threei} if you look at SQNM, you will see a big gapper,
{Threei} that consolidated for a while, then continued its run against all odds
{Threei} Now, ask long time room members
{Threei} how many times we saw and utilized this pattern
{Threei} even magoo who has serious case of alzheimers will tell you
{Threei} that he manages to remember about it when he sees big gapper
{Threei} It's all about seeing recognizable situation and applying the algortythm you have for it
{kazaam} i think ones i learn the basic patterns this room follows I will be alittle more comfortable
{kazaam} so much information
{Threei} sure, and trust me, they are very easy to identify
{kazaam} i am used to 1 chart, 2 patterns, trade
{Threei} ABK
{Threei} scond round of self-applauding
{Threei} - disappointed by the Moody's announcement, particularly in light of the significant progress we have made to strengthen our capital position and refocus our business. Since March, we have raised $1.5 billion of capital bringing our claims paying resources, as calculated by Moody's, to approximately $15.3 billion; an amount which we believe satisfies Moody's target Aaa capital requirements as of March 31, 2008.
{Threei} - anticipating a $500 million capital cushion by the end of the second quarter
{Threei} - will continue to work aggressively to monitor and manage our portfolio and optimize capital allocation for the benefit of our shareholders and clients. The Board and management continue to explore all strategic alternatives and remain confident of the strong business value embedded within our enterprise.
{Threei} - CEO: Outside the mortgage-related exposures, the remainder of our portfolio is performing well, and in line with our expectations. We have presented Moody's with concrete near-term plans to deploy our people and expertise in the municipal market via our already-licensed, Connie Lee vehicle.
{Threei} in other words, two nice and fuzzy sheep are being harrassed by big bad moody
{magoo} so what does SQNM do?
{Threei} makes money for us
{Threei} good enough for an answer?
{Threei} oil 122.5?
{Chaeron} SQNM - Sequenom Inc., genetic analysis products
{Threei} hah
{Threei} I would haven been happy to say I contributed to genetic research today... but having sold I rpobably can't brag about it, can I?
{_rant} qid
{_rant} .93
{magoo} daily 2:30 smack down
{kazaam} did this room at one time only trade Nasdaq?
{Threei} yes
{Threei} we started adding listed stocks with ECN introduction on NYSE and AMEX
{Threei} that made executions as sure and lightening as on NASDAQ
{Chaeron} now we even trade porkbellies... Threei's favorite - bacon :)
{Threei} I have hard time trading it though
{Threei} I eat what I buy
{Threei} which is not very profitable
{kazaam} heh
{Threei} you should see some NYSE executions before ECN time
{Threei} instead of immediate fill once you click, time goes, nothing happens,
{Threei} then you either get your fill if stock moved against you
{Threei} or left out in the cold if it moved in your favor
{Threei} and when you click Cancel, they think for a while
{Threei} before granting you your wish
{Threei} Interestingly enough, when first talks surfaced about diluting specialist system with ECXNs and direct electornic executions
{Threei} specialists were up in arms
{Threei} I opined back then that in couple years they will be like dinosaurs
{kazaam} i didnt know execution was the reason for trading Nq only stocks, is NYSE mostly ECN execution now? or only a minority of issues?
{Threei} most of them
{Threei} everything I watch is infested with ECNs like Winnipeg with mosquitos
{Threei} that was major reason... electronic fill, garanteed if there are shares at your price on NASDAQ
{Threei} vs live specialist than gets your order
{Threei} and thinks whether he wants to give your shares to you or not
{Threei} TASR
{Threei} - The Supreme Court's action lets stand a Court of Appeals decision to uphold a Maricopa County Superior Court jury's verdict in favor of TASER International in a product liability lawsuit brought forth by the former Maricopa County Sheriff's deputy.
{dino} netl stopped -.24
{dino} nyx l .20, stop .88
{_rant} r u short or long
{Threei} l = long
{_rant} ah
{Threei} dino speaks in codes
{Threei} and says if you don't understand me you are not worthy
{dino} llol
{Threei} I tried his approach by telling my wife it was not her business (she asked what I wanted for dinner)
{Threei} didn't really work out very well
{Threei} - Sees some echoes of 1970s, but repeat of wage-price spiral is unlikely
{Threei} - Notes that US has 'serious' oil shock, rising food, subpar growth
{Threei} - Remarks that the Fed is responsible for stable prices over medium term, large decline in economy's energy intensity helps reduce shock of higher prices
{dino} back in 15
{Threei} let's translate this:
{Threei} large decline in economy's energy intensity helps reduce shock of higher prices
{Threei} losing manufacturing jobs to overseas is a good thing, we need less energy
{Threei} why not go all the way and says, grounding airlines and putting cars on driveways is even better
{kazaam} are there any other stocks like RIMM that are traded very actively with decent volitility?
{magoo} like aapl
{Threei} RIMM and AAPL are permanent residents
{Threei} sometimes others added when some event gives them a puish
{kazaam} so LEH would be an example of that?
{Threei} SNDK often moves nicely, although range is less
{Threei} yes, totally
{Threei} KLAC often moves nicely
{Threei} BRCM and NVDA used to, we played them often
{Threei} not so much these days
{kazaam} yeah, back when i was trading WIZETRADE, i was losing money on NVDA and BRCOM
{Threei} woohooo
{Threei} green light red light!
{Threei} what a ripoff
{kazaam} hah, yep, thats how i got started, lost 1000 bucks and said no more
{Threei} in a few days, when you get your package
{Threei} in MPP you will see detailed explanation why it could never work
{dino} nyx stopped -.33
{kazaam} will be interesting to read about that, i coded some systems in Tradestation (not profitable systems) and I started to see exactly why it can't work
{dino} onxx l .00
{Threei} mildly interested in ZIXI
{Threei} nice break of 3 and nice move after, don't want to chase
{Threei} but if pulls back closer to 3, will consider
{dino} .02 too close nyx
{Threei} try to guess what MBI CEO could say
{Threei} right:
{Threei} LEH
{Threei} why, if everything is so hunaky-dory?
{magoo} now is that to be interpretted "goood"
{Threei} I would classify it as worrisome
{Threei} but then again, I am a worry-wart: having less than 2 packages of bacon in the fridge is worrisome for me
{Chaeron} stock the freezer... it' keeps forever
{peterg} Hormel Microwaveable bacon!
{kazaam} i gotta jet early, see everybody tomorrow, adios!
{Chaeron} bye kaz
{Threei} take care kazaam
{magoo} bye kaz
{dino} later kazzer
{dino} kop s .92 stop .03
{dino} out onxx .08, +.08
{Threei} conflicted about ZIXI
{Threei} held 3.10
{Threei} tagged high again
{Threei} everything looks fine... I just am not sure I want to take it overnight
{Threei} probably let's just watch it tomorrow for another chance
{Threei} also, VVUS
{Chaeron} I like saying the name :) ZIXI.....
{Threei} hehe
{Threei} if finishes and opens about here, will be inetrested in 7.10 break
{Threei} trailing QTWW stop for the balance to .55
{dptl} have a good evening all....ty ..good day:)
{Threei} whew
{Threei} I was afraid I had to send dp a box of tissues
{Threei} and I hate waste money on tissues when there is a perfect solution in a form of sleeve
{dptl} lol...big boys never cry
{Threei} no??
{Threei} I gotta stop then
{dptl} :)
{dino} later dp
{Threei} Ok guys, thank you all
{Threei} have a good evening, see you tomorrow
{magoo} ty vad
{dino} cya
{Chaeron} 7.10 hitting on VVUS... wait for manana?
{dino} stop kop .99, -.07
{dino} thats all, thanks

Tuesday, June 3, 2008

Jun 03 2008

Session Time: Tue Jun 03 00:00:00 2008

[08:20] {Threei} LEH
[08:20] {Threei} is bankruptsy another option?
[08:20] {Threei} oh I forgot... no such thing, fed to rescue
[08:20] {Threei} anyway... good morning
[08:21] {Threei} Good morning QTWW
[08:43] {cosmo} LRXX
[08:44] {cosmo} LXRX
[08:44] {cosmo} 2.50 so far
[08:44] {Threei} 06:30am [LXRX] Drug candidate for Carcinoid Syndrome, LX1032, receives Fast Track Status From the FDA
[08:45] {Threei} 2.5 important resistance to break on daily
[08:45] {magoo} morning
[08:45] {magoo} HEY, i did not need alternate server today
[08:45] {Threei} hi mags
[08:46] {Threei} yes, worked yesterday to fix the issue
[08:46] {Threei} found workaround to stop depending on chat host
[08:46] {Threei} well... don't take it as "I" found it... my tech knowledge is equal to one the cow possesses in ballet
[08:47] {Threei} but I managed the specialists :)
[08:48] {Threei} gotta make a decision on QTWW... sell the gap or try and hold for a swing
[08:48] {Threei} daily is ideal... each red bar day is on lower volume, each green is on higher
[08:49] {Threei} and still climbing slowly, no euphoric spike
[08:49] {magoo} wheres your entry?
[08:49] {Threei} 2.54
[08:50] {magoo} now ill tell u what u would tell me..."partial" lol
[08:51] {Threei} hmmm
[08:51] {Threei} what a novel concept
[08:51] {Threei} thank you :)
[08:52] {Threei} seeing how it goes through red-green days, it's tempting to sell into this gap and wait for a red day to re-enter,
[08:52] {Threei} but that also carries a chance of missing euphoric day
[08:52] {Threei} so I guess partial is da solution
[08:52] {Threei} it spikes, I ride on the balance,
[08:52] {Threei} it retreats, I re-buy sold half
[08:55] {Threei} now, ROYL gap I hate
[08:55] {magoo} he he,dcc quick
[08:56] {Threei} don't tell me you held it
[08:56] {Threei} I'll burst of envy
[09:01] {Threei} sold half at .74, +.20
[09:01] {Threei} 1.5K left
[09:01] {dptl} good morning all
[09:01] {Threei} dp :)
[09:05] {fernp} good morning all
[09:05] {Threei} fern :)
[09:07] {pita} gm everyone
[09:07] {Threei} pita :)
[09:10] {dino} gm all
[09:10] {Threei} dino :)
[09:11] {Threei} everyone gets in fine via main server today?
[09:11] {patience} gm RT, and thank you Vad, logged in great this morning
[09:11] {Threei} :)
[09:11] {Threei} hopefully this issue is put to rest
[09:11] {dino} sell the gap, i just did w/ipi from yesterday +.55
[09:12] {Threei} keep that address for reserve one handy
[09:12] {dino} livermore- take the gift
[09:12] {Threei} really :)
[09:12] {Threei} wtg
[09:12] {dino} :)
[09:12] {Threei} as far as I can tell, relocation to new hosting went smoothly
[09:13] {magoo} whatr the f is big ben saying on cnbc?
[09:13] {Threei} but if you run into broken links, missing images etc, please let me know
[09:13] {dino} nothing really
[09:13] {_Kazaam} dollar reacted well
[09:13] {_Kazaam} good morning
[09:14] {Threei} morning kazaam
- Sees a credit squeeze in Europe, not a credit crunch.
[09:14] {Threei} - Does not see any more oil price increases
[09:14] {Threei} what did ben say?
- Fed is attentive to implication for dollar slide, dollar has contributed to the inflation and inflation expectations
[09:16] {Threei} - Dollar slide has contributed to unwelcome rise in import prices and inflation
[09:16] {Threei} - Says will make policy to guard against risks to growth and inflation and commitment to dual mandate will be key to ensuring dollar remains a strong and stable currency
[09:16] {Threei} - Notes that until housing stabilizes growth risks will remain to the downside
[09:16] {Threei} - Financial markets have improved but conditions remain strained and credit generally tight, expects strengthening of capital and liquidity regulations and greater disclosure requirements
[09:16] {Threei} - Inflation is high but pass though of costs to labor and products has been limited
[09:17] {Threei} dual mandate?
[09:17] {Threei} this makes me uneasy
[09:17] {Threei} feds mandate was to control inflation
[09:17] {Threei} (and we all know what a great job they did, right?)
[09:18] {Threei} if they widen mandate to keep economy strong as well, I am afraid they might do just a good job in that direction as well
[09:18] {magoo} is he qualified..seriously?
[09:18] {Threei} for what?
[09:19] {Threei} movie rankings?
[09:20] {esemde} good worked Vad...the alternate log in....tks
[09:20] {Threei} ji ese
[09:20] {Threei} hi :)
[09:20] {Threei} but we fixed main server
[09:21] {esemde} ha ha ha ha.........too funny
[09:21] {Threei} sorry :)
[09:21] {Threei} but hey, keep that one handy
[09:21] {Threei} who knows what gets broken tomorrow
[09:22] {Threei} I have unquestionable ability to break all things technology
[09:23] {_osbo} hi
[09:23] {Threei} osbo :)
[09:24] {esemde} osbo...welcome
[09:24] {dino} to the jungle
[09:27] {Threei} USD up, oil down
[09:27] {Threei} what else can one want for breakfast
[09:29] {dino} 2 eggs, bacon, and home fries w/toast
[09:29] {Threei} well... eggs and bacon
[09:29] {Threei} :)
[09:29] {Threei} no fries for me
[09:29] {dino} actually having planters peanuts
[09:31] {magoo} MA news vad?
[09:32] {Threei} 08:26am [MA] Price Target raised to $367 from $312 at Stifel; Maintains buy rating
[09:32] {magoo} so drops 7?
[09:33] {Threei} ROYL... grr
[09:33] {Threei} it's just its natural volatility mags... consider it a downtick :)
[09:34] {magoo} ROYL 10 comith
[09:34] {Threei} 05:46am [AUXL] XIAFLEX meets primary endpoint with statistical significance in CORD I pivotal Phase III study for Dupuytren's Contracturw
[09:34] {Threei} not fresh
[09:35] {Threei} you don't say
[09:36] {esemde} any commodity in particular....OIL maybe?
[09:36] {Threei} LEH
[09:36] {Threei} looking for short entry
[09:37] {Threei} 32.90 breakdown level
[09:37] {Threei} I'd like closer to resistance though
[09:37] {Threei} aggrwessive entry around .35
[09:38] {Threei} first weakness from here
[09:40] {Threei} in, stop above .85
[09:40] {Threei} got .63
[09:42] {_rant} SEED ?
[09:42] {_rant} down 10%
[09:42] {Threei} forget it
[09:42] {Threei} bs stock
[09:42] {_rant} ok :)
[09:42] {Threei} stop to .76 LEH
[09:43] {Threei} half out
[09:43] {Threei} +.21
[09:43] {Threei} stop to .71
[09:44] {dino} mvsn?
[09:44] {Threei} nothing fresh
[09:45] {Threei} out balance LEH
[09:45] {Threei} not sure what it's going to do from here
[09:45] {Threei} chart becomes looking more like bounce
[09:46] {Threei} oh well
[09:46] {Threei} next
[09:47] {esemde} L GRMN 51.99 1/2 lot
[09:47] {dino} arex
[09:48] {esemde} grmn bouncing all over the place
[09:48] {Threei} can I have my LEH back?
[09:48] {esemde} out grmn .27
[09:49] {esemde} +.28
[09:49] {Threei} wtg
[09:49] {esemde} dangerous one that one
[09:50] {dino} mvsn sm l .45 ave
[09:50] {fernp} out JBL +.23
[09:50] {Threei} ACOR
[09:50] {Threei} .15 small shares long
[09:50] {Threei} if stays above .90
[09:51] {dino} kndl
[09:52] {dino} gj fernp
[09:52] {esemde} ACOR 1/2 lot .90 ...i'm with ya Vad
[09:52] {Threei} too aggressive
[09:52] {esemde} stopped Acor.......that was fast
[09:52] {esemde} yep
[09:53] {esemde} live and learn
[09:53] {Roman} 21 EMKR radar
[09:54] {Roman} 21 JRJCtaking small
[09:54] {Roman} 21 very risky, wide stop
[09:54] {Roman} 21 24.20
[09:55] {dino} kndl sm s .50 stop .84
[09:56] {magoo} aCOR invalidated vad?
[09:56] {Roman} 21 OMNI
[09:56] {Roman} 21 long off 6
[09:56] {Threei} of course
[09:56] {fernp} out S +.10 scalp is scalp
[09:58] {dino} gj
[09:58] {Threei} LEH, another short here with stop above 33.10
[09:59] {Roman} 21 EMKR long setup
[09:59] {Roman} 21 in
[10:00] {Roman} 21 8.14 1/2
[10:00] {Threei} APRIL FACTORY ORDERS: 1.1% V -0.1%E- prior revised from 1.3% to 1.5%
[10:00] {dino} all is well then
[10:00] {Threei} yup
[10:00] {Roman} 21 long WB
[10:01] {Roman} 21 22.85
[10:01] {Roman} 21 market recovery may help
[10:01] {fernp} out QQQQ +.15
[10:01] {dino} de sm l .50
[10:02] {Threei} new low LEH
[10:03] {Threei} half out .55
[10:03] {Roman} 21 out 1/2 OMNI +28
[10:03] {Threei} +.34
[10:03] {Threei} out in full
[10:03] {Threei} got .38 on exit
[10:03] {Threei} .89 - .38...
[10:04] {Threei} my math abilities are not too good
[10:04] {magoo} .68 vad
[10:04] {fernp} out 1/2 IPG +.10
[10:04] {Threei} wow... what a bounce
[10:05] {dino} kndl spread gonna get me
[10:05] {Threei} anyone did LEH?
[10:05] {magoo} missed it
[10:06] {Threei} QTWW, my little cutie
[10:06] {Roman} 21 out 1/2 WB +.25
[10:06] {Threei} nice Roman
[10:06] {pita} +.26 ty
[10:07] {Threei} on what pita?
[10:07] {pita} leh
[10:07] {Threei} :)
[10:07] {pita} sm shares only
[10:07] {Threei} yeah, thing is volatile
[10:07] {Roman} 21 long CPSL small
[10:07] {Roman} 21 5.53
[10:08] {Roman} 21 ctdc
[10:08] {Threei} but... remember Geo's trade when I called BSC short at 50?
[10:08] {Threei} his comment was "never saw that much money made on 100 shares" lol
[10:08] {Threei} btw, Geo on one month leave, asked to say hello to you
[10:09] {Threei} wow OMNI
[10:09] {Threei} hitting them just right Roman
[10:10] {Roman} 21 BCON
[10:11] {dino} out de .98, +.48
[10:12] {Chaeron} good morning everyone
[10:12] {Threei} chaeron :)
[10:13] {dino} mvsn stop to .49
[10:13] {dino} gm chaer
[10:14] {Chaeron} heya 3i, dino
[10:14] {Threei} remember we picked LEH as main short target for today vs MER?
[10:14] {Threei} look at both
[10:14] {Threei} LEH down over a buck
[10:14] {Threei} MER merely 30+cents
[10:14] {dino} sohu
[10:15] {dino} cgrb
[10:17] {dino} arex s .61 sm
[10:18] {Threei} dp, look dcc please
[10:18] {Threei} FEED holding well
[10:18] {Threei} .90 half lot long if stays above .75
[10:19] {dino} arex stopped .88 -.27
[10:20] {Threei} XIDE .41 long half lot
[10:22] {Threei} stop under .30
[10:23] {Threei} ese, look dcc please
[10:26] {Threei} ASIA
[10:26] {Threei} break of .20 long
[10:27] {Threei} stop under 14
[10:30] {Threei} huh?
[10:30] {Threei} someone is totally desperate wbout coming up with explanations
[10:31] {Threei} LEH is bottomless
[10:31] {Threei} asia
[10:31] {Threei} market pullback held it back, let's see is it ramps up with bounce
[10:32] {pita} in asia
[10:34] {Threei} OMNI new high... still in Roman?
[10:34] {Roman} 21 yes, still got 1/2
[10:35] {Threei} nice
[10:35] {Roman} 21 still in JRJC
[10:35] {Roman} 21 GEOI
[10:35] {Roman} 21 nothing
[10:36] {dptl} stopped xide
[10:36] {Roman} 21 COIN bouncing today
[10:39] {Threei} why did I ever bother to cover LEH?
[10:40] {dino} hrs sm l .42
[10:41] {judijim} hello everyone, good morning
[10:42] {Threei} jj :)
[10:42] {Chaeron} hijj
[10:43] {magoo} jj:)
[10:47] {fernp} ORCL
[10:53] {fernp} out 1/2 ORCL +.20
[10:56] {Chaeron} watch Obama ask Clinton for VP slot... and I don't mean Hillary... :)
[10:57] {Threei} I can't find words powerful enough to express my awe and admiration for QTWW
[10:57] {Chaeron} geeesh... get a room...
[10:58] {Threei} you are just envious
[10:59] {Threei} of our great mutual love
[10:59] {fernp} out ORCL +.30
[10:59] {Threei} wtg
[10:59] {Threei} that was fine setup fern
[10:59] {Roman} 21 out remaining OMNI +.72
[10:59] {Threei} looked when you mentioned it
[11:00] {Chaeron} happy for you both... now can ASIA find some love?
[11:00] {Threei} that's simply indecent Roman
[11:00] {fernp} easy to read
[11:00] {Chaeron} Nice one Roman!
[11:00] {dino} gj
[11:00] {Threei} who makes 72 cents on $6 stock?
[11:01] {Roman} 21 thanks
[11:01] {dino} rfr does
- Banks can potentially use supervision, regulation to address asset bubbles, brokers, banks must be prepared for strains, it is necessary to ensure that all systemically important financial firms buffered against shocks, Fed direct interaction with banks is key to adequate oversight.
[11:04] {Threei} - Says that much of the USD drop since 2002 has been unwinding of past gain
[11:04] {Threei} this unwinding is part of the process of restoring the global trade balance.
[11:04] {Threei} - Weakening of the USD has had some inflationary impact, a modest commodity price impact.
[11:04] {Threei} - Supply and demand factors are the most important components of commodity prices.
[11:04] {Threei} - The rise in commodity prices are a major shock to inflation and consumer purchasing power
[11:11] {Roman} 21 out 1/2 CPSL +.30
[11:11] {Roman} 21 out JRJC -.31
[11:11] {Threei} finally
[11:11] {Threei} now we know Roman is human
[11:12] {Roman} 21 thanks, by the way, i love the video interview on your home page vad
[11:12] {Roman} 21 when was that taken?
[11:12] {Threei} in vegas
[11:12] {Threei} same year we met there
[11:12] {magoo} roman interwiew?
[11:13] {Threei} and you scared the heck out of me when almost strangled me as I tried to take your custard
[11:14] {Threei} no mags, mine
[11:15] {Threei} Roman's interview was scheduled but never posted... they thought "don't touch my custard if you want to see the light of the next day" was a bit too short
[11:16] {Roman} 21 :)
[11:16] {Threei} and he refused to talk about anything elose, saying "this is my only message to the world and future generations"
[11:16] {magoo} :)
[11:18] {Threei} jeez ASIA, what's your problem
[11:18] {Threei} go already
[11:19] {Threei} just so you know... roman's love for custard is exceeded or matched only by my love for bacon... and trying to take it from him is as risky as holding 10K of GOOG overnight
[11:19] {dino} you guys are making me hungry
[11:20] {esemde} signing off see you all tomorrow
[11:20] {Threei} take care ese
[11:20] {magoo} really..i have a lunch craving for a BLT sandwiche, xtra bacon
[11:20] {dino} cya es
[11:36] {Roman} 21 VLNC picking up some steam
[11:36] {Threei} yeah, looking at it for a few days, can't make up my mind about it
[11:37] {Threei} wow COIN
[11:37] {Threei} what's up
[11:37] {Roman} 21 just a bounce IMO
[11:38] {dptl} nvtl?
[11:38] {Threei} oh good... I was afraid they were looking to implement improper policies
[11:38] {Threei} probably worth a try for scalp at .83, dp
[11:39] {dptl} ok ty
[11:42] {dino} gymb'
[11:44] {Threei} LEH
[11:44] {Threei} painsd me to say... but break of .50 priobably a long scalp
[11:48] {Threei} if holding above .35
[11:56] {Threei} 1;1
[11:56] {dino} dgly
[11:58] {Threei} anyone did LEH on break?
[11:59] {dptl} me +.19 ty
[11:59] {magoo} sorry to report..i missed all 3 of your LEH today
[12:00] {Threei} **consensus estimates:
[12:00] {Threei} - Ford: -17.5%e adjusted basis (usually released at Noon ET).
[12:00] {Threei} - GM: -23%e adjusted basis (usually released around 1:45pmET).
[12:00] {Threei} - May 2008 had 27 selling days, one more than May 2007. On an unadjusted basis, the estimates above would be higher by about 4%
[12:00] {Threei} is it ugly or what
[12:00] {dino} indeed
[12:01] {Threei} Ford
[12:07] {pita} later guys
[12:09] {Threei} take care pita
[12:11] {dino} plce
[12:22] {dino} mvsn out .82 +.37
[12:27] {Threei} LEH, same setup again
[12:27] {Threei} .50 break
[12:28] {magoo} if this is only one i is certain to fail :(
[12:29] {dino} plce sm l .68
[12:34] {Chaeron} LEH has to hold .30?
[12:34] {Threei} .30 -.35 area
[12:34] {Chaeron} thx
[12:37] {Chaeron} in
[12:37] {Chaeron} .51
[12:43] {Threei} don't you hate ACOR
[12:43] {Threei} no clean entry on either breakout or pullback
[12:50] {dino} stop/covkndl .69 -.19
[12:51] {Roman} 21 NCOC long
[12:51] {Roman} 21 small
[12:51] {Roman} 21 7.82
[12:55] {dptl} stopped leh
[12:55] {Threei} yeah
[12:56] {dino} plce stop to b/e
[12:58] {dptl} ah ....just can't win these days...taking a break
[12:58] {Threei} hmmm
[12:58] {Threei} 4 calls on LEH
[12:58] {Threei} 3 winners, 1 stop
[12:58] {dptl} only did 2
[12:58] {Threei} if that qualifies as "can't win"...
[12:58] {dptl} i did some other trades
[13:00] {dino} shake it off dp, we all go through slumps
[13:00] {dino} remember, good trading is not about being right, it's about trading right
[13:01] {dino} gymb taunting me
[13:01] {Chaeron} back... stopped on LEH - sorry Vad
[13:04] {magoo} [12:29] {magoo} if this is only one i is certain to fail :(
[13:04] {Threei} yuo guys are full of optimism
[13:04] {Threei} I am leaving for Tibet cave
[13:04] {Threei} for 3 years
[13:05] {Threei} this is how long it's going to take to shake off this outlook
[13:06] {dino} hmmm (dino not in that group)
[13:06] {Threei} no
[13:06] {Threei} it's like you expect yourself to lose
[13:06] {dino} cme
[13:06] {Threei} ever seen anyone winning while being already resigned?
[13:07] {dino} i must agree w/you
- Notes it will ask for more information from swaps dealers and index traders.
[13:09] {Threei} - Planning a monthly publication of trader information regarding agricultural markets starting in July.
[13:10] {dino} good
[13:17] {dino} plce stop to .94
[13:19] {dino} to .08
[13:20] {dino} out .18 +.50
[13:20] {dino} abk sounds familiar, same speach in march
[13:21] {Threei} and same as BSC couple days before demise {G}
[13:22] {Threei} oil losing 125
[13:22] {dino} yes, leh similar too
[13:22] {Threei} UAUA moved a bit today
[13:23] {Threei} DAL too
[13:23] {Threei} and NWA
[13:23] {Threei} airlines benefit from oil dump
[13:24] {dino} going to need a much bigger oil dump for them to stay out of chapter 11
[13:24] {Threei} true
[13:24] {dino} where does cme bottom, -130+ points in a month
[13:25] {dino} to 350 strike perhaps
[13:26] {magoo} where i short it dino
[13:27] {dino} cme?
[13:29] {dino} my original call last week was 400, now 350 by expiration, but today, imo, the safer play is long after this 25 pt drop from 10:00 am
[13:32] {dino} hrs stopped -.42
[13:32] {Threei} what just happened?
[13:32] {Threei} I see no news for this dump
[13:33] {fernp} what had happened?
[13:33] {Roman} 21 maybe its the OBAMA NEWS
[13:34] {cosmo} they find obama?
[13:34] {cosmo} oops
[13:34] {Threei} wierd
[13:34] {Threei} it's not like it's an unexpected news
[13:35] {fernp} nothing in
[13:35] {Threei} and it's not like he is already a president
[13:36] {dino} it's the obama/hillary ticket scaring the sh#t out of markets
[13:40] {dino} breaking yesterdays lod
[13:40] {dino} dji
[13:41] {Chaeron} was the market thinking that they were going to release the alledged Michelle tape and Hillary would get the nom?
[13:42] {_rant} 10:41] {_rant} what made the mkt tank
[13:42] {_rant} [10:41] {_rant} was away for 30 mins
[13:42] {_rant} [10:41] {_rant} and red everywhere
[13:42] {dino} market is thinking much higher taxes coming next year, capital gains to 28% for starters
[13:43] {Threei} our current guess is, Obama winning nimonation, rant
[13:43] {dino} of course, it could just all be magoos' fault
[13:43] {Chaeron} would we had rallied if Senator clinton won?
[13:44] {Threei} good question Chaeron
[13:45] {dino} either way, not market friendly imo
[13:46] {dino} but....obama showing weakness considering hillary. we know she would not have choosen him
[13:49] {Threei} I don't know what to make of this selloff
[13:49] {Threei} staying on a sideline
[13:49] {Roman} 21 6.2 quake shakes Solomon Isles; no tsunami warning issued - DJ
[13:49] {dino} waiting for ipi around 47.30s
[13:50] {Chaeron} I still think that he should ask Bill to be the VP... He'd accept, just out of ego, even in the face of his his wife losing the nom...and it would be a love fest for the party lol
[13:52] {dino} can he, constitutionally, be pres. again?
[13:52] {dino} vp could end up pres.
[13:55] {Threei} look at LEH
[13:56] {fernp} OIL and market falling
[13:56] {Threei} yes
[13:56] {Threei} uh oh
[13:56] {dino} bsc all over
[13:58] {fernp} Banking index -BKX- breaks under its 5-yr low
[13:59] {_rant} any read on WFR ?
[13:59] {_rant} its just dropping
[13:59] {Threei} no
[13:59] {Threei} stay away
[14:00] {Threei} in this market you can lose your shirt in a blink of eye
[14:00] {_rant} crap...already in
[14:00] {_rant} ya...
[14:00] {_rant} money evaporating...
[14:00] {Threei} in where, long, short?
[14:01] {_rant} long
[14:01] {_rant} at 65.5
[14:01] {_rant} sucks..
[14:01] {Threei} wow
[14:01] {Threei} why no stop??
[14:01] {_rant} dumb move..
[14:02] {_rant} now lickin my wounds
[14:02] {Threei} ok... trading without stops is surefire way to disaster
[14:02] {_rant} yes it is..
[14:02] {Threei} a lot of people checked it for themselves
[14:02] {Threei} why do you need to join them?
[14:03] {_rant} was getting stopped out..just to see it reverse
[14:04] {Threei} I don't understand
[14:04] {Threei} there is a stop level for any setup
[14:04] {Threei} it's hit, you are out
[14:05] {_rant} broke my own rule...deserve to lose money
[14:07] {Threei} IMO, this market selloff is LEH, not Obama
[14:07] {dino} agree, bit of panic in brokers
[14:07] {dino} but, let's blame the politicians anyway
[14:07] {Chaeron} LKEH shorted itself... they'll be fine
[14:07] {Chaeron} LEH
[14:08] {Threei} lol
[14:08] {Threei} I am really interested how it's going to unfold
[14:08] {dino} i bet you gs shorted them
[14:08] {Threei} they can't repeat BSC scenario
[14:08] {Roman} 21 Bush signs amended credit-card law to reduce retailer lawsuits - Bloomberg
[14:09] {Threei} and they say they can't let the big bank fail
[14:10] {Roman} 21 long WB
[14:10] {Roman} 21 small
[14:10] {Roman} 21 21.58
[14:11] {Roman} 21 out WB
[14:11] {Roman} 21 +.01
[14:13] {dino} lol
[14:14] {magoo} nice roman :)
[14:14] {Roman} 21 every penny counts
[14:14] {magoo} 10k shgares?
[14:14] {Roman} 21 2k
[14:14] {dino} y, just busting you
[14:16] {_Kazaam} are you guys seeing occasional $1 dollar and 50cent spikes on LEH? or is that just my data feed
[14:16] {Threei} not here
[14:17] {Threei} chart matches level 2 and T&S
[14:17] {_Kazaam} well, i guess you get what you pay for when you use Ninja trader feed
[14:19] {_Kazaam} what broker would guys suggest for your style of trading? or for somebody just starting out in stocks?
[14:19] {dino} direct access
[14:20] {_Kazaam} mbtrading?
[14:20] {Chaeron} see the stuff on LASER on realitytrader home page?
[14:20] {_Kazaam} yes
[14:20] {Chaeron} wow... someone in this room that can read... :))
[14:20] {Threei} that would not be me
[14:20] {magoo} his spelling is good too
[14:20] {Chaeron} pfffft... you just write
[14:20] {Threei} yes
[14:21] {Threei} but I can't read what I write
[14:21] {_Kazaam} i never said i could read, LASER had pretty pictures
[14:21] {Threei} rofl
[14:21] {Chaeron} oh brother... you'll fit in here just fine :)
[14:21] {Chaeron} me stopped on ASIA.... took too dang long
[14:22] {Roman} 21 time to buy QQQQs
[14:22] {Roman} 21 bidding QQQQ 48.77
[14:22] {dptl} laser had pretty pictures should see laser live it's like christmas every day
[14:23] {Roman} 21 long WB
[14:23] {Roman} 21 small, 21.10
[14:25] {Roman} 21 out WB
[14:25] {Roman} 21 +.15
[14:25] {Chaeron} nice scalp
[14:25] {Roman} 21 in QQQQs 48.73
[14:27] {Chaeron} got .72 here Roman... thank you
[14:27] {dino} gj
[14:27] {Roman} 21 please don't thank until we are out of position
[14:28] {Roman} 21 u are right vad LEH is partially responsible for the selloff
[14:28] {fernp} bad tick in LEH ?
[14:28] {fernp} low 22.85
[14:29] {Threei} I don't have it
[14:29] {Threei} 28.98 low here
[14:30] {dino} 22.85
[14:34] {dino} 8.95 tomorrow at open (memories)
[14:37] {Roman} 21 out QQQQ +.10
[14:38] {dino} ipi sm l .60
[14:39] {_rant} nice roman
[14:39] {_rant} u r pretty much in the zone
[14:39] {Chaeron} out .83 Roman +.11... now may I thank you?
[14:39] {Roman} 21 let me think about it
[14:39] {Chaeron} thanks any way
[14:39] {Roman} 21 yw
[14:43] {magoo} man..i got a lesson today on MA
[14:43] {magoo} never really knew it was that wild
[14:43] {Roman} 21 LEH decent bounce
[14:43] {Roman} 21 WB
[14:43] {Roman} 21 maybe get a scalp here
[14:44] {Roman} 21 21.42
[14:45] {Roman} 21 i'll pass
[14:51] {dptl} out +.20 wb ty Roman
[14:51] {Threei} I am getting my half of QTWW back here
[14:51] {Threei} very much looks like double bottom on intraday
[14:51] {Threei} and support from yesterday
[14:52] {dino} out ipi .00, +.40
[14:53] {dino} ok, gotta hop for 30 or so, accountant issues
[14:53] {_rant} entry vad ?
[14:54] {Threei} got .63
[14:54] {_rant} and all imp SL ?
[14:54] {Threei} hmm?
[14:54] {_rant} stop loss
[14:55] {Threei} well, it's a swing trade for me, from yesterday
[14:55] {Threei} my original entry was .64,
[14:55] {_rant} ah ok
[14:55] {Threei} sold half at .74 this morning,
[14:55] {Threei} got it back now at .63,
[14:55] {Threei} so I'd think .49 is my logical stop
[14:56] {Threei} for a new entry it's a different structure
[15:04] {Roman} 21 LEH Lehman Brothers denies speculation it accessed Fed borrowing window (31.72 -2.16) -Update-
[15:04] {Roman} 21 nice
[15:04] {Roman} 21 WB again
[15:05] {magoo} vasd, im 50 bux in the hole..find me a winner ..paaaaallllleeease
[15:06] {Chaeron} lol... I must buy twice as much as you magoo
[15:07] {Chaeron} maybe not a good time to bother Vad magoo... he's too busy pitching woo to QTWW
[15:07] {Threei} 50 bucks?
[15:07] {Threei} you could have already made it on that same QTWW
[15:09] {magoo} coulda..shoulda...c'mon...get me something
[15:10] {Threei} I did... but you need to take me off ignore if you want to see my calls {G}
[15:10] {magoo} i know...
[15:10] {Threei} now, I know you enjoy clicking that Ignore button
[15:11] {magoo} i u ignore me so i feel like its revenge :)
[15:11] {Threei} but look at the price:
[15:11] {Threei} even if you took lousy 1000 shares of QTWW
[15:11] {Threei} at not the best price available, .65 let's say
[15:12] {Threei} you qwould have been up over 100 bucks already
[15:12] {Threei} which takes care of your pain and suffering
[15:12] {Threei} and even gets you in the black
[15:12] {Threei} sooo... sweet revenge or making money... chose wisely :)
[15:17] {magoo} somehow i while u type all this...u are not putting forth best effort for my next trade lol
[15:17] {Threei} no... I am not done tormenting you about previous one :)
[15:18] {magoo} and how can i put a price on sweet sweet revenge?
[15:18] {magoo} u, being a mean man of sort..can relate
[15:18] {Threei} me? I am warm and fuzzy
[15:20] {magoo} your so cold...i heard it was your original idea for the quebec ice hotel
[15:21] {Threei} actually, they killed it
[15:21] {Threei} I didn't mean to have blankets, fireplaces etc in it
[15:21] {Threei} it was meant to be just ice
[15:21] {magoo} ROFLOL
[15:21] {magoo} i have immediate family that went there
[15:21] {magoo} actually, they froze
[15:24] {Threei} market's fate is in LEH hands for the next few sessions
[15:24] {Threei} LEH goes the way of Dodo and BSC - market drops like there is no tomorrow
[15:25] {Threei} LEH proves to be honest when says "no problem" (give me a minute to laugh out loud) 0 market explodes tio the upside
[15:26] {_rant} worth going long on WB at 21.7 ?
[15:27] {Threei} Roman's baby... I don't have a grip on it
[15:28] {Threei} ROYL
[15:28] {magoo} alright, + 100 without u...IN YOUR FACE
[15:28] {Threei} hehe
[15:28] {magoo} revenge rules lol
[15:28] {Threei} on what?
[15:29] {magoo} rimm
[15:29] {magoo} old faithful
[15:29] {Threei} :)
[15:29] {magoo} .69 to .97
[15:29] {Threei} ROYL poullback closer to .50
[15:29] {Threei} risky scalp long
[15:29] {magoo} now..u trying to make me lose it????
[15:31] {Threei} don't chase
[15:31] {Threei} it's pullback or let it go
[15:33] {_rant} wot a reversal
[15:33] {_rant} dont know how to trade this crazy mkt
[15:34] {Threei} sit it out
[15:34] {Threei} no need to be in the middle of every battle
[15:34] {_rant} ya...
[15:34] {_rant} lucky WFR recovered
[15:34] {_rant} plain lucky
[15:34] {Threei} take a gift...
[15:34] {Threei} and swear never to do it again
[15:35] {_rant} how do u keep urself soo calm n focused
[15:35] {Threei} this kind of things will simply put you out of business
[15:35] {_rant} its amazin
[15:35] {magoo} hes a machine
[15:35] {Threei} I do it for 12 years... every day
[15:35] {_rant} i know
[15:35] {magoo} like hal in space odessy
[15:35] {magoo} mastrer computer running this room
[15:35] {_rant} traders are known to breakin their rules..
[15:35] {Threei} if I was taking it with such tension, I would have burnt out long ago
[15:38] {_rant} lot to learn from you !!
[15:38] {Threei} look at ROYL
[15:39] {Threei} see mags... I was trying to make you money... again
[15:39] {Threei} (all to no avail)
[15:39] {_rant} some ppl can retire with such trades..
[15:39] {Threei} good idea actually
[15:39] {_rant} :)
[15:41] {magoo} oh contrare monfrare
[15:41] {Threei} sheesh... I am not learnbing another language
[15:42] {magoo} in royl
[15:42] * Threei slaps magoo around a bit with a large trout
[15:43] {Threei} notice: I did it in calm and focused manner
[15:43] {magoo} OUT .18 LOL
[15:43] {magoo} ty
[15:43] {Threei} from?
[15:43] {magoo} .86
[15:43] {Threei} wtg
[15:43] {Threei} good way to finish the day
[15:44] {Threei} now...
[15:44] {Threei} looking at OMNI
[15:44] {Threei} it moved a bit with ROYL
[15:44] {magoo} whren u said do not chase..i figured hmm..he wants to hurt me , i went in
[15:44] {Threei} lol
[15:44] {Chaeron} logical
[15:44] {Threei} at the moment pullback to .50 was best entry
[15:44] {magoo} cause watching a runner hurts
[15:45] {Threei} question is,
[15:45] {Threei} has OMNI a good chance to gap?
[15:45] {Threei} or LEH goes belly up overnight and all gaps are eliminated :)
[15:45] {magoo} not great day..but winn streak contuinues to day 6
[15:45] {Threei} not great eh?
[15:45] {magoo} in a tiough market for magoo
[15:45] {Threei} made money and whining
[15:45] {Threei} sigh
[15:45] {magoo} up 200
[15:46] {Threei} the nerve on some
[15:46] {magoo} id slap me
[15:46] {magoo} id=i'd
[15:47] {Threei} thus I won't
[15:47] {magoo} xcuse 7
[15:47] {Threei} argh... that did it
[15:47] {magoo} if majke it out today alive
[15:47] * Threei slaps magoo around a bit with a large trout
[15:47] {Threei} alive yes, but this fishy smell...
[15:47] {Threei} OK, I'll take some OMNI I guess
[15:47] {Threei} risky
[15:48] {magoo} not 1..but 2 today...alls well
[15:51] {Threei} OMNI on the move
[15:52] {Threei} PPC
[15:52] {Threei} lol
[15:52] {Threei} neither di I
[15:52] {Threei} but I don't run around posting headlinea about it
[15:52] {_Kazaam} lol
[15:52] {Threei} OMNI baby
[15:52] {Threei} half out
[15:52] {Threei} half for overnight
[15:53] {Threei} that was another 150 bucks for you mags
[15:53] {Threei} now... may I hope to be taken off ignore?
[15:53] {_rant} how do u spot breakouts ?
[15:54] {Threei} scanner
[15:54] {Threei} it spits them out like tennis ball machine
[15:54] {_rant} and scan for what kind of formula
[15:54] {Threei} not formula
[15:54] {Threei} chart fomration
[15:54] {Threei} formation
[15:55] {_Kazaam} are you using trade ideas?
[15:55] {Threei} our version of it
[15:55] {Threei} IntelliScan
[15:55] {Threei} has our setups built in
[15:56] {_rant} i use strategyDesk
[15:56] {Threei} including JBE and DBI, my setups for breakout/breakdown
[15:56] {_rant} jbe ?
[15:56] {Threei} OK... you need to read some of our matwerials :)
[15:56] {_rant} ya :0
[15:56] {Threei} techniques of tape Reading
[15:56] {Threei} The master profit plan
[15:56] {Threei} these two is a must
[15:57] {Threei} scalping video course IF you focus on intraday trading
[15:57] {Threei} I am ready to answer any questions, but you realize I can't retype whole book here :)
[15:58] {_rant} sure..will go through it..
[15:58] {Threei} btw
[15:58] {fernp} IMO video course also is a must
[15:58] {Threei} if after reading through the website you decide you need it, pay attention to best value offer
[15:59] {_rant} but wot i am not clear is, u still have to tell intelliscan software wot u r looking for
[15:59] {Threei} MPP, videocourse and online course, and psych CDs ASND two months of room on top
[15:59] {Threei} that's not even value... that's a steal
[15:59] {_rant} based on some conditions it will pop out some stocks..right
[15:59] {Threei} there are preconfigured strategies in it rant
[16:00] {Threei} can tweak them all you want,
[16:00] {Threei} or can use them as it is
[16:00] {_rant} i see
[16:00] {Threei} OK guys, gotta leave now
[16:00] {Chaeron} QTWW :)
[16:00] {Threei} have accountant appointment on corporate taxes
[16:00] {Threei} yes chaeron :)
[16:01] {Threei} thank you all
[16:01] {Chaeron} thanks Vad
[16:01] {fernp} TY vad
[16:01] {Threei} turned out a rather nice day
[16:01] {_rant} thanks vad
[16:01] {Threei} see you tomorrow
[16:01] {dptl} have a good evening all
[16:01] {_Kazaam} adios everybody
[16:03] {magoo} TY vad
[16:03] {magoo} thanx all

Monday, June 2, 2008

Jun 02 2008

Session Time: Mon Jun 02 00:00:00 2008

[08:02] {Threei} CPST
[08:31] {Threei} CSIQ
[08:31] {Threei} SIGNS $500M SUPPLY AGREEMENT WITH NEO SOLAR POWER- Under the terms of the new agreement, NSP will supply several hundred megawatts (MW) of solar cells through 2013
[08:32] {Threei} NKTR
[08:32] {Threei} NKTR interesting daily
[08:35] {Threei} 06/01/08 10:03pm Energy: FT reports that prices in the solar power industry could collapse
[08:43] {magoo} morn
[08:43] {Threei} magoo :)
[08:47] {magoo} news ACOR?
[08:47] {Threei} 06:00am [ACOR] Releases positive data from a second Phase III study of Fampridine-SR on the walking ability of people with multiple sclerosismore
[08:48] {magoo} good pre volume vad
[08:58] {magoo} ACOR very active vad, any read?
[08:58] {Threei} on such gap, no
[09:00] {Threei} FSLR sizeable hit
[09:03] {magoo} IMCL
[09:04] {Threei} 08:20am [IMCL] CEO: Erbitux trials were in patients with more severe illness than patients in Avastin trials -- TV interview
[09:05] {Threei} BEXP
[09:09] {fernp} good morning
[09:12] {Threei} fern :)
[09:20] {dptl} good morning all
[09:20] {Threei} dp :)
[09:21] {pita} gm everyone
[09:21] {Threei} pita :)
[09:21] {Threei} observing CPST battle
[09:21] {Threei} daily formed bull flag
[09:22] {Threei} break of 4 - 4.05 zone is an idea for entry
[09:23] {Threei} if loses 4.90, will have to re-evaluate
[09:23] {Threei} 3.90 sorry
[09:24] {_osbo} hi
[09:25] {Threei} osbo :)
[09:25] {Threei} QTWW is still on radar too
[09:27] {dino} gm all
[09:27] {Threei} dino :)
[09:28] {Threei} BEXP is trying
[09:29] {Threei} risky one
[09:29] {Threei} I'd like to see some consolidation on it first
[09:31] {Threei} let's try CPST 4.01 long with stop under 3.90
[09:32] {magoo} dont look BEXP
[09:32] {magoo} sigh
[09:32] {Threei} untradeable spike
[09:34] {Threei} drop closer to 15 if we are lucky
[09:34] {Threei} small shares if gives entry
[09:34] {Threei} volatility is a killer on it
[09:35] {magoo} yeah
[09:36] {Threei} WIND, another one of interest if pulls back
[09:37] {Threei} cpst invaliadated
[09:37] {magoo} look at RIMM vad
[09:37] {magoo} if IF mkt turns up
[09:38] {dino} abmd
[09:39] {Threei} 07:00am [ABMD] Receives 510(k) clearance from the FDA for Impella 2.5 device
[09:40] {Threei} FRPT
[09:42] {Threei} SBAC half lot long .50 if stays above .35
[09:45] {Threei} WIND worth a try here
[09:45] {Threei} .21 long
[09:45] {Threei} .09 stop
[09:46] {Threei} market can't find floor so far
[09:46] {dino} wants -200 dji
[09:48] {Roman} 21 BCON
[09:48] {Roman} 21 long
[09:48] {Roman} 21 1.97
[09:48] {Roman} 21 small
[09:51] {Threei} WIND invalidated
[09:52] {Threei} fuqi
[09:52] {dino} hrs
[09:55] {dino} hrs sm l .35
[09:55] {Threei} slow one, acts like salmon: RFMD
[09:56] {Threei} break of 4 on daily leaves it with no resistance for quite a while
[09:56] {Threei} 4.10 worth a try with stop under 4
[09:57] {Threei} what's got into ROYL
[09:59] {dino} athn
[10:00] {Threei} MAY ISM MANUFACTURING: 49.6 V 48.5E; PRICES PAID: 87 V 85.0E
[10:00] {Threei} APR CONSTRUCTION SPENDING M/M: -0.4% V -0.6%E
[10:02] {Threei} SEED
[10:02] {Threei} .75 long
[10:02] {Threei} stop under .60
[10:03] {Threei} let's worry about that in 2029
[10:05] {esemde} I' am in....good morning. still struggling with log in. have to go to your webste Vad and take server number to log in in ...not automatic anymore
[10:05] {Threei} hi ese
[10:05] {Threei} enter it as a resreve server in your mirc
[10:05] {Threei} will be much faster
[10:06] {Threei} host experiences DNS problem, so have to log in with direct IP
[10:06] {esemde} what is mirc
[10:06] {Threei} this software we are in right now :)
[10:06] {esemde} ahhhh
[10:07] {Threei} File-Options-Connect-Add
[10:07] {esemde} Ok where do i find that
[10:07] {esemde} tks your fast
[10:07] {Threei} btw, IntelliScan users, everyone got e-mail?
[10:07] {esemde} yes
[10:08] {magoo} yes
[10:15] {Roman} 21 QTWW Quantum Fuel resumed with a Buy at Ardour Capital; tgt $4.50 (2.45 +0.02)
[10:15] {Threei} let's trail SEED to under .65
[10:15] {Threei} QTWW daily looks interesting if breaks .57
[10:15] {esemde} nice idea Vad sharing your scans....
[10:15] {esemde} tks
[10:15] {Threei} :)
[10:16] {Threei} Geo's idea
[10:17] {Threei} new 52 week highs will put QTWW in almost uncharted territory... last time it was above these levels was in 2006
[10:18] {Threei} XIDE
[10:18] {Threei} .25 half lot long
[10:18] {Threei} stop under17
[10:20] {judijim} gm everyone
[10:20] {Threei} come on XIDE, you can move
[10:20] {Threei} jj :)
[10:21] {dino} axys
[10:22] {Roman} 21 FEED
[10:22] {Roman} 21 long small
[10:22] {Roman} 21 15.53
[10:24] {Threei} BRCM
[10:24] {Threei} 28 breakdown short
[10:25] {Threei} .11 stop/invalidating level
[10:25] {Threei} .21 is better resistance but want to keep it tight, even at risk of being shaken out
[10:26] {Threei} off radar
[10:27] {Chaeron} good morning all
[10:27] {magoo} C babt:)
[10:27] {esemde} CcccccccHhhhhhhh baby
[10:28] {Threei} chaeron :)
[10:28] {Chaeron} heya mags, ese, Vadster
[10:28] {dino} hrs stop to .42
[10:28] {dino} out +.07
[10:32] {Roman} 21 GEOI
[10:32] {Roman} 21 wants over @9
[10:32] {Roman} 21 29
[10:33] {magoo} .
[10:33] {Threei} BEXP will never stop uh?
[10:33] {magoo} ..
[10:34] {magoo} vad server quick..quotes
[10:34] {Threei} neither will acor
[10:34] {Chaeron} whatcha need mags?
[10:34] {magoo} quote server??
[10:34] {magoo} im dead here
[10:34] {Threei} quotes off
[10:35] {Chaeron} yep
[10:35] {Threei} grr
[10:37] {dino} what do you guys need?
[10:37] {Threei} XIDE?
[10:37] {dino} bexp 17.50, hrs 55.25, rimm 136.40
[10:37] {hawkfan4} 16.98
[10:37] {hawkfan4} xide
[10:38] {Threei} ugh
[10:38] {dino} 17 xide
[10:38] {Threei} ty... and RFMD?
[10:38] {Chaeron} back on
[10:38] {Chaeron} 4.04
[10:39] {dino} 4.05
[10:39] {Threei} ok back here too
[10:39] {magoo} server??
[10:39] {Chaeron} #5 here
[10:39] {Threei} 3
[10:40] {magoo} ty
[10:40] {magoo} charts??
[10:40] {Chaeron} #3
[10:41] {magoo} ty guys
[10:42] {Chaeron} :)
[10:42] {dino} no problem man
[10:42] {dino} (as dino re-lives a jamaica trip)
[10:43] {Chaeron} I think XIDE invalidated
[10:43] {magoo} dino passes by with beads and braides in his hair
[10:43] {Chaeron} dino - shuddap.. :))
[10:44] {fernp} out JBL +.40
[10:44] {magoo} BEXP just has the feel vad
[10:44] {dino} irea mon
[10:45] {Threei} what was that on VVUS?
[10:46] {Roman} 21 out 1/2 FEED +.58
[10:46] {Threei} FEED works roman
[10:47] {Threei} nice one
[10:47] {Threei} I can't find squat so far
[10:47] {Roman} 21 still in SEED?
[10:47] {Threei} yeah
[10:47] {Threei} FEED helps it
[10:48] {Threei} not sure it has mojo
[10:48] {Threei} expected it to perform much better after taking big resistance
[10:50] {Threei} .50 loss short BEXP, half lot
[10:51] {magoo} now that scares me...
[10:51] {magoo} i like it long
[10:51] {Chaeron} in caxses like this magoo, do the opposite of what *I* do :)
[10:52] {magoo} what u gonna do?
[10:52] {Chaeron} I'm not tellin' :P
[10:52] {magoo} that makes it hard
[10:52] {Threei} use .75 as invalidating level
[10:53] {Threei} there... no need to be scared anymore :)
[10:53] {Roman} 21 long CSUN
[10:53] {Chaeron} I was trying for long at .76
[10:53] {magoo} feel much better now, TY
[10:53] {Roman} 21 1/3 size small 11.68
[10:53] {Roman} 21 SOLF, JASO, radar
[10:54] {Roman} 21 long ESLR
[10:54] {Roman} 21 10.08
[10:54] {Roman} 21 small
[10:55] {dino} athn sm l .10
[10:56] {magoo} BEXP risky..but feel 19 comith
[10:57] {magoo} not in
[10:57] {magoo} i will post if go
[10:57] {magoo} very RISKY
[10:57] {magoo} like trying to pluck tomatoe off end of vads kabob
[10:57] {magoo} while he holding it
[10:59] {Threei} in yet?
[11:00] {magoo} no
[11:01] {Threei} viscous market today
[11:01] {Threei} not my kind
[11:01] {magoo} thats the problem
[11:01] {magoo} mkt won't go
[11:01] {magoo} very weak market
[11:02] {magoo} my grandfather warren always said...go with your gut
[11:02] {magoo} u may know him
[11:02] {Threei} LDK
[11:02] {magoo} buffet?
[11:02] {Threei} .90 half lot long
[11:02] {Threei} this pullback will show the stop level
[11:03] {dino} lod's
[11:04] {Threei} QTWW honestly trying
[11:04] {dino} as opposed to?\
[11:05] {Threei} all those that just pretend to
[11:05] {dino} ahhh i knew you had a point
[11:07] {Roman} 21 ACPW Active Power announces China Utility selects eight powerHouse systems from Active Power (1.46 +0.06)
[11:07] {Roman} 21 big new fo ACPW
[11:07] {magoo} dubya on cnbc..seems confused lol
[11:07] {Roman} 21 in 1.70
[11:07] {magoo} l aapl here .77
[11:08] {magoo} small..stop lod
[11:10] {Roman} 21 long GLBL
[11:10] {Roman} 21 17.39 , slow
[11:11] {Threei} finally SEED
[11:11] {magoo} out here .01
[11:11] {magoo} + .34
[11:12] {Threei} wtg
[11:12] {Threei} out SEED .90
[11:12] {magoo} has more but heh..scalpin
[11:15] {magoo} LDK invalid vad?
[11:15] {dino} avan
[11:16] {Threei} yeah
[11:16] {Threei} scalped CSUN, ty Roman
[11:16] {Threei} AVAN
[11:18] {magoo} l bexp .30 if gets there RISKY..too appx. .9123246
[11:18] {magoo} needs to trigger..scary on pullbacks
[11:19] {Threei} sheesh AVAN
[11:19] {dino} top?
[11:20] {Chaeron} I feel as though the trades are all passing me bye, pointing and laffing as they go...
[11:20] {dino} v sm waiting at 22.40 for now
[11:20] {Chaeron} by... sorry Raven... too fast fingers
[11:20] {dino} me too chaer
[11:20] {magoo} vad too
[11:21] {dino} everything feels a bit off today
[11:21] {magoo} vad..AVAN avail short just in case
[11:21] {Threei} true dino
[11:21] {Threei} those that move don't give clean entries
[11:21] {Threei} and those that show setups don't move
[11:22] {dino} y
[11:22] {Threei} Monday hangover
[11:22] {dino} i have 6 orders floating out there, nothing hitting
[11:22] {magoo} i have 6 stops out there..all vads
[11:23] {Threei} here is today's market:
[11:23] {magoo} KIDDING {just want my trout}
[11:23] {Threei}
[11:25] {Threei} good news
[11:25] {Threei} Google finance has real time quotes now
[11:25] {magoo} funny video vad
[11:25] {Threei} we may stop trading off 15 minutes delay
[11:25] {Threei}
[11:29] {dino} gifi
[11:30] {Threei} BRCM 28 short would have worked if I didn't overtighten invaliding level
[11:30] {Threei} day of missed opportunities, today is
[11:31] {dino} indeed
[11:32] {dino} whats w/gifi?
[11:32] {magoo} is still young
[11:32] {Threei} nothing fresh GIFI
[11:32] {magoo} lotsa time to miss lots more
[11:32] {Threei} lol
[11:32] {dino} lol
[11:33] {magoo} l aapl .50
[11:33] {dino} magoo, forever the optimus (not)
[11:33] {magoo} small
[11:33] {magoo} stop .11
[11:33] {dino} optimist
[11:35] {magoo} i am what i am..just a man..doing best i can
[11:35] {Threei} magoo doing poerty is last thing I hoped to see
[11:36] {magoo} waiting on aapl @ 187.11
[11:36] {dino} popeye
[11:36] {magoo} no..last thing u want to see is magoo doing porno he he
[11:37] {Threei} even mental image of that burns my retina
[11:37] {dino} here comes the -200
[11:38] {dino} cx avan short order, sometimes i expect too much
[11:38] {pita} later all
[11:38] {Threei} take care pita
[11:40] {magoo} bye pita
[11:40] {Threei} ever seen 40 cents spreadon $2 stock?
[11:41] {Threei} EDEN
[11:43] {magoo} aapl hits 2:1..u on your own...i still in it
[11:47] {Threei} VLNC woke up a bit today
[11:47] {Threei} had news earlier, I hesitated about it because none of this small ones moved
[11:47] {Threei} didn't want to get stuck in one more
[11:48] {Threei} look at QTWW... new 52 week highs, perfect daily, news... and it barely moved
[11:48] {Threei} in the right sector too
[11:48] {Threei} ENER
[11:50] {Threei} Roman is about the only bright star in the sky today
[11:50] {magoo} i hit a couple
[11:50] {magoo} scalpers
[11:51] {Threei} sure did
[11:51] {Threei} but I ignore you, you know that, right?
[11:51] {magoo} oh right :)
[11:51] {Threei} :)
[11:56] {Threei} RIMM long here with stop under .70
[11:58] {dino} lol
[11:59] {Threei} 1:1 in a hurry
[12:01] {Threei} QTWW new high, full cents higher than old high
[12:01] {Threei} with such blazing speed it risks to burn its skin to blisters
[12:02] {hawkfan4} lol
[12:03] {Threei} wow... magoo, look what stock I found
[12:03] {Threei} MAGS
[12:04] {magoo} AWESOME..u can buy stake in me
[12:04] {Threei} you've got nice chart but lousy volume
[12:04] {magoo} thats what my wife tells me
[12:04] {Threei} be a doll and trade half mil, will ya
[12:05] {Threei} look at little engine that could
[12:05] {Threei} QTWW I mean
[12:05] {Threei} bravely made another cent
[12:07] {Threei} RIMM 1:2 almost
[12:07] {Threei} out .27
[12:07] {Threei} +.36
[12:07] {Threei} irony aside... just how anemic market ought to be to ignore all the factors in QTWW
[12:08] {Threei} in any kind of more or less active market I would expect this thing to be closer to 3 already
[12:16] {Threei} JRCC, small shares long if stays above 40 and takes 40.15
[12:19] {Threei} not likely to hold
[12:19] {Threei} but if does, has real power
[12:20] {dino} cme 404,
[12:20] {Threei} in
[12:20] {Threei} .95 stop
[12:21] {Threei} showed nice determination taking all those offers, gotta respect that
[12:21] {Threei} hopefully can take .20 too
[12:21] {magoo} where u in? .15
[12:21] {Threei} got patials, .10, .14 and .15
[12:21] {magoo} k
[12:21] {Threei} there were hidden orders I guess
[12:22] {magoo} probably roman :)
[12:22] {Threei} come on JRCC, be finally one that works for real
[12:25] * Threei pokes JRCC with sharp stick
[12:27] {Threei} like poking amoeba
[12:29] * Threei kicks JRCC in the rear with steel-toed heavy duty army boots
[12:29] {dino} poking and amoeba should not be in same sentence
[12:29] {Chaeron} lost carrot from last week?
[12:29] {Threei} ok... let's try that
[12:29] * Threei dangles a carrot in front of JRCC's nose
[12:32] {Threei} does its amoeba-like shape prevents me from telling where the nose is vs rear?
[12:34] {Threei} now now JRCC... don't look baack anymore
[12:35] {dino} lod
[12:35] {Threei} sheesh... sudden market drop stoped it just when it was ready
[12:35] {Threei} this is what send market down IMO
[12:36] {Threei} look aat MER and LEH
[12:38] {dino} -200
[12:39] {Threei} sigh
[12:39] {Threei} stopped JRCC
[12:39] {Chaeron} blame S&P... they could have waited a few more minutes...
[12:40] {Threei} or we should have taken 1:1
[12:40] {Threei} but heck, didn't this thing have all the markings of a real runner
[12:44] {dino} 12440 support area 1948 ndx
[12:48] {Threei} ACOR short small shares .55, .75 stop
[12:48] {dino} sm l avav .41
[12:49] {Threei} LEH half lot short.15
[12:49] {Threei} stop .35
[12:49] {Threei} too fast LEH?
[12:50] {Threei} or someone managed to get it?
[12:50] {magoo} not i
[12:50] {Chaeron} nor I
[12:50] {Threei} cut through tirgger too quickly
[12:51] {Threei} 0ver 50 cents drop...
[12:54] {dptl} ah...stopped acor
[12:54] {Threei} did it trigger?
[12:55] {Threei} I must have missed it with LEH
[12:55] {dptl} .77 trades went off
[12:55] {Threei} no, I mean trigger on entry
[12:56] {dptl} yes got .54
[12:56] {Threei} one of those days
[12:56] {dptl} yeah...i am having really bad day
[12:57] {Threei} not a first time... and you always recovered and made some
[12:58] {dino} ksws s .52
[13:00] {Threei} ese, look dcc please
[13:02] {Threei} market reacts on financials news as if it was a surprise
[13:03] {Threei} like anyone in their right mind thought everything was fine in fancial sector
[13:03] {Threei} financial
[13:04] {dino} ksws stopped -.25
[13:08] {Threei} MER new lows
[13:08] {Threei} LEH stabilized so far
[13:09] {Threei} better bounce candidate
[13:13] {dino} ipi sm l .55
[13:14] {Threei} Roman, still in CSUN?
[13:15] {Roman} 21 no
[13:15] {Roman} 21 out
[13:15] {Threei} OK... moved nicely after all
[13:19] {Threei} LEH pullback worth long try
[13:22] {Threei} first strength from here
[13:23] {Threei} in .91
[13:23] {Threei} stop under .80
[13:24] {Threei} out half +.12
[13:24] {Threei} stop ro .88
[13:24] {Chaeron} I took +.14 scalp... many thanks for LEH
[13:24] {Threei} welcome
[13:25] {Chaeron} in .93 - out .07
[13:28] {Threei} MER .15 long if stays above 42
[13:30] {Chaeron} heck
[13:34] {Threei} what did they concentrate before on?
[13:37] {Threei} interesting... LEH drops alone this time
[13:37] {Threei} MER is holding, market too
[13:37] {Threei} are they in the race now "who is next BSAC"?
[13:38] {magoo} BEXP interesting
[13:38] {Threei} wou;dn't you expect JPM to go up on all this, since they are likely to buy next failed bank for $3? {G}
[13:40] {Threei} MER is valid again, IMO
[13:40] {magoo} in aggressive .12
[13:40] {Threei} lol
[13:40] {Threei} me too
[13:41] {hawkfan4} me three
[13:41] {magoo} chaer??
[13:41] {Threei} uh oh
[13:42] {Chaeron} not me - dang phone
[13:43] {dptl} stop 42?
[13:43] {Threei} under
[13:43] {dptl} ok
[13:43] {Threei} it tagged .95 on last pullback
[13:43] {Threei} so it's either .99 or .94 now
[13:43] {Threei} depending on your entry, position size and risk tolerance
[13:45] {Chaeron} mer long @ .15?
[13:45] {Threei} magoo... you decide
[13:47] {magoo} huh?
[13:47] {Threei} let chaeron in or not
[13:47] {magoo} alright..let him know
[13:47] {magoo} been weird day..who knows
[13:47] {Threei} chaeron... magoo said yes
[13:48] {magoo} may help
[13:48] {Threei} what do you know... it did
[13:52] {Chaeron} I miussed
[13:52] {Chaeron} I am so mad... phone
[13:52] {Chaeron} too late?
[13:52] {Threei} don't chase
[13:52] {Threei} chart looks good but this is very liquid situation
[13:52] {Threei} MER is in the middle of hot battle
[13:53] {Threei} anything can happen here
[13:54] {Threei} for .12 entry 1:1 here
- Policy must be flexible to repond to developments, either on the ground or inflation.
[13:55] {Threei} - There is no doubt that the weaker dollar has helped US exports, raised commodity prices.
[13:55] {Threei} - Sees US economic growth below 2.5-3.0% in 2009, growth in 2009 will be higher than H208 but below potential.
[13:55] {Threei} - Libor can continue to seve the market well, libor is a vital part of the financial system.
[13:59] {magoo} .
[14:00] {Chaeron} sigh
[14:00] {magoo} i said u could go with us
[14:01] {Chaeron} I couldn't get
[14:02] {Chaeron} I hate my phone toiday
[14:02] {Threei} me out at .40
[14:03] {Threei} magoo, hawk... you still in?
[14:03] {hawkfan4} yes
[14:03] {Threei} brave soul
[14:04] {Threei} dp?
[14:04] {dptl} still in
[14:04] {magoo} me too
[14:04] {Threei} good luck guys... my scalper's blood is boiling
[14:05] {dino} avav stop to .81
[14:08] {hawkfan4} out .54, thx Vad
[14:08] {Threei} sheesh you guys... 40 cents is not enough for you to take partial at least?
[14:08] {Threei} whew
[14:08] {dino} pigs
[14:09] {Threei} looking at its chart today, is it reasonable to expect it to recover all the way to 43?
[14:09] {Threei} stranger things happened of course
[14:09] {_rant} any read on FMCN ?
[14:10] {Threei} FMCN is weither short on 38 breakdown or long on 38.15 breakout
[14:10] {Threei} small shares in any case
[14:10] {Threei} volatile one
[14:10] {_rant} thx
[14:10] {_rant} is
[14:10] {Threei} sure... be careful with it
[14:10] {_rant} huge short interest
[14:10] {Threei} capable of hurting bad
[14:11] {_rant} mkt seems to be done with selling..i guess
[14:11] {Threei} looks this way
[14:11] {magoo} still in
[14:11] {Threei} mags, dp, you have over 60 cents profit
[14:11] {Threei} do I have to trout you to protect some?
[14:11] {magoo} out .67 TY
[14:12] {Threei} too late
[14:12] * Threei slaps magoo around a bit with a large trout
[14:12] {Threei} I already decided to trout you
[14:12] {Threei} but welcome :)
[14:12] {Chaeron} nice job magoo... I'll have to sit out more often
[14:12] {magoo} i got in .12 w/u
[14:12] {Threei} cut that cord chaeron
[14:13] * Threei slaps dptl around a bit with a large trout
[14:13] {dptl} offering 43.15
[14:13] {Threei} eeck
[14:14] {Threei} are you trying to recover previous stops all in one swoop?
[14:14] {dptl} traling under .50
[14:14] {Threei} OK, if trailing then valid way to play it
[14:15] {Threei} I withdraw my objections
[14:15] {Threei} but not trouting
[14:15] {dino} avav stop to .92
[14:15] {Threei} nice one dino
[14:16] {dino} ty
[14:16] {dino} nobody pays attention anymore, :)
[14:16] {Threei} I do
[14:16] {Threei} I just pretend not to
[14:16] {dino} lol
[14:16] {dino} see, bruce would
[14:16] {Threei} just to maintain an image of generally not very nice man, you know
[14:17] {dino} take it to .99
[14:17] {Threei} LEH followed the path of recovery too but I was hesitant on it
[14:17] {Threei} didn't like how it dropped while MER and market overall stopped making new lows
[14:18] {Threei} ROYL... very scary thing,
[14:19] {Threei} as it pulls back into .50 resistance those who are seriousl adrenalin deprived may consider an entry
[14:19] {Threei} sorry, .50 support
[14:20] {dino} ncoc
[14:23] {dptl} ahh out .50 mer ty
[14:24] {Threei} welcome
[14:24] {dino} gj
[14:24] {Threei} with LEH and MER plays, did we minimize damage?
[14:25] {dino} avav tighten to .13
[14:25] {Threei} too bad that LEH short got away.... was pure beauty
[14:26] {dino} ath stop to .40 all day
[14:29] {dino} to .58
[14:31] {dino} avav to .31
[14:31] {magoo} anyone hit ROYL?
[14:31] {Chaeron} not my type of spread... thanks tho
[14:32] {dino} out avav .35 ave. +.94
[14:33] {Threei} wtg
[14:33] {dino} lucky
[14:33] * magoo slaps dino around a bit with a large trout
[14:33] {dino} should've caught me on tight stop sooner
[14:34] {Threei} LEHMAN MAKING CAUTIOUS COMMENTS ON SOLAR NAMES- Cautions on companies with strong Spanish business due to the possible ramifications of new Spanish legislation inhibiting MW growth.{SOLF CSIQ STP YGE}
[14:34] {dino} out athn .63 +.53
[14:34] {Threei} CFC?
[14:35] {Threei} asnyone sees any news?
[14:36] {hawkfan4} 14:32 CFC Countrywide: BAC CEO Lewis affirms Countrywide purchase - Bloomberg (5.40 +0.14)
[14:36] {Threei} ty, not on my wires
[14:36] {dino} 8/15 expected close date 6.11/sh
[14:37] {Threei} 6.11 cash?
[14:38] {dino} bac no .1822
[14:38] {Threei} here is from earlier todasy:
[14:38] {Threei} [BAC] Bank of America Corp CEO: Sees no reason for dividend cut, has no interest in buying investment bank, sees no need for strategic acquisitions at this time
[14:38] {Threei} - Notes sees current credit crunch better than 1973-1974
[14:38] {Threei} - Affirms CFC purchase if markdowns are accurate, notes that CFC has better technology
[14:39] {Threei} so it's still conditional and tied to BAC price
[14:39] {Threei} tough to play
[14:40] {Threei} ROYL start looking like momo resumption, mags
[14:41] {Threei} 7.90 - 8 area if taken can send it anywhere
[14:41] {Threei} to 9 or to 7
[14:41] {Threei} make your pick
[14:45] {Threei} rant, nice scalp if you shorted FMCN
[14:45] {Threei} 1:2 easy
[14:57] {Threei} LULU earnings after closer
[14:58] {Threei} ACOR
[14:58] {Threei} CEO: APPROVAL OF FAMPRIDINE WOULD TRANSFORM COMPANY- says drug sales could finance research on other multiple sclerosis-related drugs, two newer drugs have repaired nerve insulation in animals
[14:59] {Threei} if QTWW closes around here, going to take it home
[14:59] {Threei} could turn into swing trade
[15:00] {magoo} is LULU the crazy one?
[15:00] {Threei} yes
[15:00] {Chaeron} well named
[15:01] {Threei} LOL!!!
[15:01] {Threei} look at this
[15:01] {Threei} MER
[15:02] {Threei} now I am waiting for MER defending LEH, and after that I will be able to say "now I've seen it all"
[15:07] {Threei} CSUN spiking
[15:10] {Threei} CSUN
[15:14] {Threei} LEH daily looks like catastrophe in the making
[15:14] {magoo} short setup?
[15:15] {Threei} hard to tell
[15:16] {Threei} nothing really on intraday
[15:18] {Threei} let's keep an eye on both of them tomorrow
[15:18] {Threei} LEH andf MER
[15:19] {Threei} less interested in MS
[15:20] {Threei} JPM maybe short tomorrow if consolidaates close to 41.60 and breaks down
[15:22] {Threei} why am I stuttering on a all the time
[15:23] {magoo} ?
[15:23] {Threei} consolidaates
[15:24] {Threei} LEH is really the weakest in the group
[15:24] {Threei} probably will be our main target among financials tomorrow
[15:25] {Threei} unless I forget
[15:26] {Chaeron} I'll remind you
[15:27] {Threei} thank you
[15:27] {Threei} (providing you don't forget)
[15:27] {magoo} LOOK at qqqq chart
[15:28] {Threei} ?
[15:28] {magoo} as in upward
[15:29] {Threei} ugh... CSUN waoke up
[15:31] {_Kazaam} vad, can trial members ask questions?
[15:31] {Threei} can? they must
[15:31] {Threei} :)
[15:32] {_Kazaam} thanks : )
[15:32] {magoo} isn't that a question? lol
[15:32] {Threei} sure
[15:32] {Threei} lol
[15:32] {_Kazaam} heh
[15:32] {Threei} we are fairly democratic bunch
[15:32] {Threei} except magoo
[15:32] {Threei} he is dictator
[15:32] {dino} slap him
[15:32] {Threei} nope
[15:32] {Threei} he loves it too much
[15:33] {magoo} c'mon....i dare ya
[15:34] {dino} double dog dare
[15:34] {_Kazaam} is the basic screening method for finding tradable stocks to watch the news? or do you guys trade the same basket of stocks everyday?
[15:34] {Threei} 3 things
[15:34] {Threei} 1. Usual suspects
[15:34] {Threei} those that we know to move nicely and have usually a read on
[15:34] {Threei} RIMM, AAPL, at some point BRCM and NVDA
[15:35] {Threei} 2. news-imapcted ones that get activity
[15:35] {Threei} and most broad group is those found by scanner
[15:35] {Threei} Scanner is tuned for our most traded setups
[15:35] {Threei} so it spits them out
[15:35] {Threei} we pick those that look good
[15:36] {Threei} thrid group provides mosr plays
[15:37] {_Kazaam} were the LEH and MER plays based on News? or scanner?
[15:37] {Threei} news
[15:37] {Threei} that credit downgrade is a biggie
[15:37] {Threei} financial sector is very vulnerable
[15:38] {Threei} and this kind of news was sure to bring activity
[15:38] {_Kazaam} there is so much news, do you filter it or do you just watch it all?
[15:38] {Threei} filtering mentally
[15:38] {dino} less is more
[15:38] {_Kazaam} gotcha
[15:39] {_Kazaam} thanks
[15:39] {dino} layn spike
[15:39] {Threei} trying to pick only those items that are focused in hot sectors,
[15:39] {Threei} mention known to move symbols,
[15:39] {Threei} contain potentially big news
[15:40] {Threei} CSUN news for instance matched all three criterias
[15:40] {Threei} known name, hot sector, nice news
[15:41] {Threei} overall however, less than stellar day for us
[15:41] {Threei} somehow it must be magoo fault... not sure how
[15:41] {_Kazaam} thanks for the detailed rundown, has it been a breakeven day for most?
[15:41] {Threei} I personally am slightly in the red
[15:41] {Chaeron} don't know how I did it but netted -$1.00 before commish
[15:42] {Threei} and holding QTWW slightly in the money
[15:42] {Threei} will see if it brings me joy and happiness tomorrow
[15:42] {dino} black here but only 5 trades
[15:42] {Chaeron} nice ones tho dino :)
[15:43] {_Kazaam} one average how many trades do you guys take a day?
[15:43] {Threei} who cares how many trades dino... profitable on one beats losing on 15 :)
[15:43] {dino} ty lucky
[15:43] {dino} missed layn short
[15:43] {Threei} hmm... not sure... really depends on market activity
[15:43] {Threei} I'd say anywhere from 3-5 to 10-15
[15:43] {dino} me, 10
[15:44] {magoo} not good to overtrade..odds work against you
[15:44] {Threei} JRCC, what a disgusting way to shake us out, then explode
[15:44] {Threei} look at it
[15:44] {Threei} no, better don't
[15:45] {magoo} gggggrrrrrrrrrrrrrrrrr
[15:47] {Threei} QTWW trying high again
[15:48] {Threei} cute little bugger
[15:49] {Threei} ok ROYL... let's do it
[15:49] {Threei} cut through 8, will ya
[15:50] {dino} mdvn l .56
[15:50] {Threei} out 8.20
[15:51] {magoo} nice one dav:)
[15:51] {Threei} you mags?
[15:51] {magoo} oyut
[15:51] {magoo} TY
[15:51] {Threei} :)
[15:51] {Threei} wasn't easy one by any means
[15:51] {Threei} but it's your kind
[15:52] {magoo} is it magoo or was today REAL work?
[15:52] {_rant} who is buyin at these levels :)
[15:52] {_rant} up 40%
[15:52] {Threei} those to whome we sell
[15:52] {Threei} (happily)
[15:52] {magoo} some would say "smart money" buys into bell
[15:53] {Threei} certainly was tough to read day mags
[15:53] {Threei} ROYL too me in black
[15:53] {Threei} tok
[15:53] {Threei} took
[15:53] {magoo} me too vad
[15:53] {Threei} there... just a third attempt, and I get 4-letts word right
[15:54] {magoo} took all day to get there
[15:54] {Threei} yeah, early stops were like ballast on the feet
[15:55] {Threei} but heck... as long as put emotions in the back pocket and trade valid setups, things normalize sooner or later
[15:55] {Threei} losses go in clusters sometimes
[15:55] {Threei} instead of being evenly distributed
[15:56] {_rant} still flying
[15:56] {_rant} wow
[15:56] {Threei} QTWW new 1 cent-high
[15:56] {_rant} i had a lousy of those days..where all trades were missed
[15:56] {Threei} it happens
[15:57] {_rant} no action..
[15:57] {Threei} don't let it become an emotional luggage
[15:57] {magoo} it was a tough day..tomorrow will be better..i vcan feel it
[15:57] {Threei} focussing on these things tends to create mental monsters
[15:57] {Threei} that eat you from inside
[15:57] {_rant} ya...forcing me to make mistakes
[15:57] {_rant} and break my own trading rules
[15:58] {Threei} hold on... lousy day meant you haven't gotten any trades?
[15:58] {_rant} ya
[15:58] {_rant} no trades at all
[15:58] {Threei} come on
[15:58] {_rant} just kept waiting and waiting
[15:58] {Threei} beats getting stopped too many times
[15:58] {_rant} :)
[15:58] {Threei} now, why missing them?
[15:58] {_rant} true
[15:58] {Threei} software too slow? you are too hesitant?
[15:58] {_rant} probably waitin for better price
[15:58] {_rant} hesistant...
[15:59] {Threei} setup has trigger...
[15:59] {Threei} trigger is hit, get in
[15:59] {Threei} I unerstand sometimes entry is a bit fuzzy
[15:59] {Threei} like when I say "first strength from here"
[15:59] {Threei} or "as close to ... as possible"
[16:00] {Threei} but when there is a defined trigger, like ".15 long is stays above ..."
[16:00] {_rant} i m normally skeptic when the mkt falls 200pts
[16:00] {Threei} just get it
[16:00] {_rant} coz most of my trades are short entry...
[16:00] {magoo} trades not lousy day...i thought u meant down hard
[16:00] {_rant} no action day...
[16:00] {Threei} yeah, my first thought too
[16:00] {magoo} dino says"any day up good day"
[16:00] {dino} flat or up is good imo
[16:00] {_rant} no thrill :)
[16:00] {Threei} ahhh
[16:00] {Threei} thrill
[16:01] {dino} lulu blood
[16:01] {Threei} REPORTS Q1 $0.12 V $0.12E, R$78.2M V $71.8ME
[16:01] {magoo} LULU tankage
[16:01] {_rant} big time
[16:02] {Threei} don't see guidance yet
[16:02] {_rant} spread is dangerous
[16:02] {Threei} well... it's lulu LEMON
[16:03] {dptl} have a good evening all
[16:03] {Threei} take care dp
[16:03] {Threei} thank you all
[16:03] {Threei} have a good evening
[16:03] {Threei} see you tomorrow
[16:03] {magoo} TY vad, nite all
[16:04] {_Kazaam} thanks, bye
[16:04] {_rant} thanks vad..
[16:04] {Threei} you too QTWW... may you open at 10
[16:05] {Threei} there you go LULU... guidance .68 - .71 vs .74 consensus
[16:05] {magoo} some leak it??
[16:07] {fernp} Thank you for everything Vad. See you tomorrow.
[16:21] {dino} gn all
[16:28] {judijim} Take good care, be back tomorrow