RealityTrader Trading Log

Friday, August 29, 2008

Aug 29 2008

Session Time: Fri Aug 29 00:00:00 2008
[08:11] {Threei} - German says it believes that Russia will honor oil supply contracts
[08:11] {Threei} - French official says EU-Russia trade meeting may be postponed{USD EUR/RUB RSX
[08:14] {Threei} - The article notes that any move by Russia could be in response to the threat of EU sanctions and NATO naval actions in the Black Sea.
[08:14] {Threei} - Reports have begun to circulate in Moscow that Russian oil companies are under orders from the Kremlin to prepare for a supply cut to Germany and Poland through the Druzhba pipeline.
[08:14] {Threei} - It is also believed that executives from Lukoil have been put on weekend alert.
[08:14] {Threei} - According to a high-level business source to the Telegraph, they have been told to be ready to cut off supplies as soon as Monday
[08:53] {Onix} gm all
[08:53] {Threei} Onix :)
[08:58] {magoo} morn
[08:58] {Threei} magoo :)
[09:01] {magoo} maybe USO long trades today vad
[09:02] {Threei} no idea
[09:02] {Threei} it looked like long yesterday too
[09:02] {Threei} and ended in a big dump
[09:04] {magoo} seems like more neg headlines on oil tho today
[09:08] {Threei} yes...
[09:08] {Threei} it's just that lately all of those headlines are being used to dump into,
[09:08] {Threei} and drops are so sudden and vioelnt
[09:08] {Threei} no way one could read them
[09:08] {magoo} agrreee
[09:08] {magoo} just think we should keep eye on it
[09:08] {dptl} good morning all
[09:09] {magoo} 99 possible today if decides to go imo
[09:09] {Threei} dp :)
[09:09] {Threei} we keep an eye on it every day :)
[09:10] {fernp} Good morning all
[09:10] {Threei} fern :)
[09:12] {peterg} gm
[09:12] {Threei} peter :)
[09:18] {dino} gm all
[09:18] {Threei} dino :)
[09:23] {Threei} [12:24] {Threei} let's remember this 'too civilized"
[09:23] {Threei} [12:24] {Threei} my prediction is, come winter we will have a few occasions to return to this sentence
[09:23] {Threei} The Telegraph newspaper reported that Russia may cut off oil flow to Western Europe over the coming days, in response to the threat of E.U. sanctions and NATO naval actions in the Black Sea. "Reports have begun to circulate in Moscow that Russian oil companies are under orders from the Kremlin to prepare for a supply cut to Germany and Poland through the Druzhba (Friendship) pipeline," wrote Ambrose Evans-Pritchard. "It is believed that executives from lead-producer LUKoil have been put on weekend alert."
[09:24] {Threei} and winter isn't even here yet
[09:26] {cosmo} SIGM should hold 16 ..imo
[09:27] {cosmo} oops
[09:28] {Onix} yes, with Russia on the one end and Gustav pushing at the other end, that could push oil up fast
[09:31] {dino} hmmm dji back to 11300 time soon
[09:32] {dino} sm l chk .50
[09:32] {Threei} Short Setup: CLNE .80 if stays under 17
[09:36] {Threei} FNM short .39
[09:36] {Threei} .51 stop
[09:38] {dino} sm wide xto l .00
[09:39] {Threei} CLNE stopped
[09:39] {Threei} FNM cover half
[09:39] {Threei} over 1;1
[09:39] {Threei} scalpers take profit
[09:39] {magoo} sh aapl sm here
[09:39] {magoo} .35
[09:40] {Threei} 1:2 FNM
[09:40] {Threei} out in full
[09:40] {magoo} stop .59
[09:42] {magoo} stopped
[09:44] {Onix} ty Vad, i got 17c in FNM
[09:44] {Threei} welcome
[09:44] {Threei} - Palin is 44, pro-life and in her first term as Governor of Alaska
[09:47] {Threei} Long Setup: FRE 4.95 if stays above 4.85
[09:47] {Threei} if loses it looking for pullback entry
[09:48] {Threei} Long Setup: FNM .41 if stays above .30
[09:48] {magoo} in fnm
[09:48] {magoo} in fre
[09:48] {Roman} buy ALL
[09:49] {Threei} ALL - no such symbol
[09:51] {Roman} STSI highs
[09:52] {Threei} wow
[09:52] {Threei} sneaky
[09:53] {Threei} come on NQ
[09:53] {Threei} spike
[09:53] {magoo} wheres are stops.85 and .30?
[09:54] {Threei} .84 and .29
[09:56] {Threei} no worky
[09:56] {esemde} god morning
[09:56] {Threei} ese :)
[09:56] {Onix} stopped FRE
[09:56] {peterg} ditto
[09:56] {fernp} stopped
[09:57] {Roman} long LDK
[09:57] {Roman} small
[09:57] {dino} v sm risky l skf .00
[09:58] {Roman} SOL radar
[09:59] {Roman} CLNE
[09:59] {Roman} long
[09:59] {Threei} 'long vphm 15 half lot if stays above .85
[09:59] {Threei} Long Setup: VPHM 15 half lot if stays above .85
[10:00] {Roman} in CLNE .17.25
[10:02] {Roman} long COIN off 6
[10:02] {Roman} of 5.00
[10:04] {dino} lod's
[10:07] {Threei} VPHM invalidated for now
[10:07] {Threei} may be interesting again later
[10:08] {judijim} good morning all
[10:08] {Threei} jj :)
[10:11] {Roman} long SEED slow
[10:11] {Roman} 5.07 area
[10:17] {Roman} SOLR & CSUN looking good
[10:26] {dino} out skf 118.10, +1.10
[10:26] {Threei} wtg
[10:26] {dino} ty
[10:30] {dino} bpop
[10:30] {Threei} 07:33am [BPOP] Announces substantial sale of loan and servicing assets of its U.S. mortgage unit to various Goldman Sachs affiliates
[10:30] {dino} they may be a survivor
[10:31] {cosmo} gee.. what country?
[10:31] {Threei} Long Setup: ABK 7.01 trigger if holding above .90
[10:35] {Threei} invalidated
[10:39] {dino} v sm skf l .00
[10:45] {dino} stop to .61
[10:46] {dino} out +.61
[10:47] {fernp} gj
[10:47] {dino} v sm cme l .70
[10:47] {dino} ty fern
[10:50] {Threei} if USO breaks .50, looking to short UAUA
[10:51] {magoo} helluva fall aapl rimm here
[10:52] {magoo} thinking bounce SCALP
[10:52] {magoo} not in
[10:52] {magoo} any read vad?
[10:53] {Threei} feels like more downside
[10:54] {dino} out cme 336.90, +1.20
[10:54] {magoo} dino naioling big dollars today
[10:55] {dino} small size magoo, but not bad
[10:56] {magoo} l aapl here small
[10:56] {magoo} .45
[10:59] {dino} rimm blood
[10:59] {peterg} yeah, got a little on me
[11:02] {dino} wipe it off man
[11:03] {dino} dllr
[11:08] {magoo} l rimm small .31
[11:10] {Threei} oil's doing same thing as yesterday magoo
[11:10] {magoo} yes, obviouse trade no work
[11:10] {magoo} as in long
[11:12] {magoo} kickin aapl
[11:14] {magoo} vad lil help kickin aapl/rimm..i tired'
[11:14] {Threei} sure
[11:16] {Threei} good enough?
[11:16] {Threei} why didn't you ask earlier
[11:16] {magoo} out .82 YES TY
[11:16] {Threei} always
[11:17] {Threei} well... sometimes
[11:18] {magoo} out rimm .45 nice footwork boss
[11:18] {Threei} glad to oblige
[11:18] {Threei} I was bored enough to start happily kicking things
[11:18] {Threei} as ese says... "I hit things for a living"
[11:25] {dino} v sm l ma .50
[11:26] {dino} no no no, wrong fill cx that. v sm s skf .60
[11:26] {dino} forgot order.
[11:33] {Threei} MER bounce scalp candidate
[11:34] {Threei} 28.01 long
[11:34] {Threei} if holding above .95
[11:34] {magoo} in .01
[11:41] {dino} cov skf .50 +.10, dk on it
[11:42] {dino} and now it works
[11:42] {Threei} 1:2 MER
[11:42] {Threei} feel free to take profit
[11:42] {magoo} out ty
[11:43] {dino} cme v sm l .60
[11:46] {dino} gj
[11:56] {dino} v sm ma l .80
[12:01] {Threei} IMCL
[12:04] {dino} old study from june
[12:12] {dptl} just want to check closed on monday?
[12:12] {Threei} yes :)
[12:12] {dptl} ty...(what the heck am i gonna do then?) :)
[12:15] {esemde} you could over to the island and watch my band in the blues bash....were on 4:30 on monday
[12:16] {dino} this range cracks me up, hit 11700 lose 200
[12:16] {dptl} hmm...ty ese...may be an idia:)
[12:17] {dptl} idea that is...spelling
[12:18] {dino} cool es, i'll book a flight
[12:22] {Threei} MBI long with stop under .40
[12:22] {magoo} in .57
[12:24] {dptl} big offer at .60 on arca
[12:24] {magoo} prob roman
[12:24] {dptl} :)
[12:25] {Threei} going to slice through it like knife through the jellyfish
[12:26] {fernp} out FNM +.12 and out KEY +.10
[12:26] {Threei} nice scalping footwork fern
[12:28] {Threei} {MBI} what offer? who is ARCA?
[12:29] {dptl} :) Roman got filled
[12:31] {Threei} out MBI .80
[12:31] {Threei} that was easy
[12:31] {magoo} ill hit the biutton
[12:32] {dino} gj
[12:32] {fernp} out .84 TY Vad
[12:33] {Threei} welcome
[12:33] {magoo} ty
[12:33] {magoo} .79 here
[12:36] {Threei} ABK vertical
[12:36] {dptl} ok,got to go....have a good long weekend all...see ya tuesday :)
[12:36] {Threei} take care dp, have a good one
[12:36] {magoo} u 2 dp
[12:36] {magoo} slacker lol
[12:37] {dino} dllr
[12:37] {dptl} lol
[12:37] {dino} u2 dp
[12:42] {Threei} looking for pullback entry MBI
[12:42] {Threei} and ABK
[12:43] {magoo} post entry price so i do not chase ya
[12:44] {Threei} in .52
[12:44] {Threei} .45 stop
[12:45] {magoo} .55
[12:45] {magoo} i know
[12:47] {Threei} out +.12
06[12:47] * magoo slaps Threei around a bit with a large trout
[12:47] {Threei} you are unhappy about what?
[12:48] {Threei} it went to +.12 for you too
[12:49] {magoo} unhappy with my entry and still sl;apped u in frustration
[12:50] {Threei} MBI strangely deep pullback
[12:50] {Threei} not sure about this one
[12:51] {magoo} lil mkt poewr uop here
[12:51] {magoo} suigh..typing
[12:56] {dino} out cme 339.70, +2.10
[12:57] {fernp} excellent dino
[12:57] {dino} ma stop to b/e
06[12:57] * magoo slaps dino around a bit with a large trout
[12:58] {dino} ty fern, just lucky
[12:58] {magoo} OOUT ABK .71..+ 16 he he
[12:58] {fernp} out LEH +.10
[12:58] {dino} trying to get out of here soon
[12:59] {Threei} suddenly day turns out not that bad eh
06[12:59] * laserdave1 slaps Threei around a bit with a large trout
[12:59] {Threei} hmm'
06[13:00] * laserdave1 slaps Chaeron around a bit with a large trout
[13:00] {Threei} okay...
06[13:00] * laserdave1 slaps magoo around a bit with a large trout
[13:00] {dino} yeah, and i wanted to cut the lawn
06[13:00] * Chaeron slaps laserdave1 around a bit with a large trout
06[13:00] * Chaeron slaps laserdave1 around a bit with a large trout
06[13:00] * Chaeron slaps laserdave1 around a bit with a large trout
[13:00] {laserdave1} laserdave1 kicks Threei in but with steel toed army boot
[13:01] {Threei} that was rude
[13:01] {Threei} that's my weapon of choice
[13:01] {laserdave1} sorry was quick today
06[13:01] * magoo slaps laserdave1 around a bit with a large trout
06[13:02] * magoo slaps Chaeron around a bit with a large trout
06[13:02] * magoo slaps Threei around a bit with a large trout
[13:03] {magoo} [12:51] {magoo} lil mkt poewr uop here
[13:03] {magoo} [12:52] {magoo} suigh..typing
[13:09] {laserdave1} mags u have such a way with words
[13:09] {laserdave1} brings tears to my eyes
[13:09] {Threei} he has his way with words
[13:22] {Threei} USO is about to go red
[13:25] {dino} crazy
[13:26] {dino} so nobody is hedging this storm
[13:26] {Threei} snetiment has changed in oil
[13:26] {Threei} good (for it) news do not send price upward much anymore
[13:27] {Threei} aabsence of news sends it down
[13:27] {Threei} bad news crash it
[13:28] {dino} somethings' changed
[13:29] {dino} just wish magoo would change his shirt once in awhile
[13:31] {Threei} back in ABK
[13:31] {Threei} .61
[13:31] {Threei} .55 stop
[13:32] {magoo} in.61
[13:33] {dino} out ma at .50, +.70
[13:33] {Threei} out
[13:33] {dino} on that note, calling it a week. decent day, and i'm keeping it
[13:35] {dino} take care all
[13:35] {Threei} take care dino, fanstatic job
[13:35] {magoo} grrrrrrrrrr
[13:36] {dino} ty, had a bit of luck
[13:36] {fernp} bye dino
[13:55] {Threei} STSI maybe prepares another surprise
[14:01] {Threei} I guess 3.20 break worth a try with stop under 3
[14:02] {Threei} may lead into over-weekend hold
[14:02] {Threei} server hiccup?
[14:29] {Threei} STSI is trying
[14:31] {peterg} gettn dumped
[14:31] {Threei} yeah
[14:31] {Threei} something with server
[14:31] {peterg} k
[14:40] {magoo} am i here
06[14:40] * Threei slaps magoo around a bit with a large trout
[14:40] {Threei} yup
[14:40] {Threei} looks like
[14:41] {magoo} was bumopped
[14:41] {Threei} I am being slapped therefore I am
[14:41] {magoo} if 3i slaps me in i really slapped
[14:41] {Threei} good question
[14:43] {Threei} so far MBI pullbacks were bought
06[14:45] * laserdave1 slaps magoo around a bit with a large trout
[14:47] {Threei} in .91
[14:47] {Threei} gotta try it
[14:47] {Threei} stop .84
[14:49] {Threei} half out 16
[14:57] {Threei} SIGA
[14:57] {Threei} - Note co expected to report $2M in revenues next quarter
[14:58] {Threei} out balance 16.09
06[14:59] * Threei slaps magoo around a bit with a large trout
[15:03] {fernp} have a nice long weekend all. Bye,
[15:04] {Threei} take care fern
[15:05] {magoo} u 2 femp
[15:06] {magoo} vads short RIMM"?
[15:07] {Threei} nah
[15:07] {magoo} it looks good
[15:15] {Threei} how about SIGA?
[15:15] {Threei} and no, RIMMM short does not look good :)
06[15:16] * magoo slaps Threei around a bit with a large trout
[15:26] {Threei} what was that for?
[15:27] {magoo} rimm
[15:27] {magoo} it worked
[15:28] {Threei} after it went up? sure:)
[15:33] {Threei} SIGA is still moving
[15:51] {peterg} well guys, calling it a day. See you on Tuesday!
[15:51] {magoo} bye :)
[15:52] {Threei} take care peter
[15:52] {Threei} thank you guys, have a great relaxing long weekend
[15:52] {Threei} see you on Tuesday
[15:52] {magoo} u too vad:)

Thursday, August 28, 2008

Aug 28 00:00:01 2008

Session Time: Thu Aug 28 00:00:01 2008

[08:43] {Threei} 08/27/08 05:45pm [SEED] Reports Q3 $0.38 (+63% y/y), R$71.5M (+7.73% y/y)
[08:55] {cosmo} SEED: .... 5.69 spike high last night
[08:56] {Threei} and CLNE nice gap... too bad didn't pull back deep enough for me to take it overnight
[08:56] {cosmo} fyi
[09:00] {GeoArb} gm
[09:01] {dino} gm all
[09:04] {Threei} Geo, dino :)
[09:05] {Threei} brian, look dcc please
[09:07] {patience} a rainy good morning RT :)
[09:07] {Onix} gm all
[09:08] {Threei} patience, onix :)
[09:17] {fernp} Good morning all
[09:19] {magoo} mornink comrades
[09:19] {Threei} fern, magoo :)
[09:20] {esemde} ladies and gentlemen.......I bring you good tidings from............ME
[09:20] {Threei} ese :)
[09:21] {esemde} morning Vad
[09:24] {dino} lol es
[09:26] {esemde} cable CHEK 6 news victoria....6 oclock news......gonna be on
[09:26] {patience} i'll watch it ese :)
[09:26] {magoo} vad, with hurricane gustav heading for oil platforms..u think possibly USO long mover today?
[09:27] {esemde} i think it's today....or is it tomorow....can't remember what Gordie Tupper said
[09:27] {magoo} as in multi points
[09:27] {esemde} the local media guy
[09:27] {Threei} everything's possible...
[09:27] {dino} not much of interest for me yet
[09:27] {Threei} Gustav is the whole idea of USO move yesterday and today
[09:28] {Threei} this is highly liquid situation, it changes with every new forecast...
[09:28] {Threei} or observation
[09:29] {Threei} so, to say anything in advance would be just a guess
[09:29] {dino} say it isn't so
[09:30] {Threei}
Long Setup:
0,3 CLNE
[09:30] {Threei} ugh
[09:30] {Threei} try to bid just above 17
[09:31] {Threei} with stop under 16.80
[09:31] {esemde} ENER...
[09:31] {Threei} my idea was to grab a pullback, not to chase CLNE after the bounce
[09:32] {Threei} it jumped off 17 faster than I could type, even without numbers
[09:32] {Threei} let's wait for new consolidation and break of 17.25 if consolidation's tight enough
[09:35] {Threei} bidding 16.95 or taking break of 17.10
[09:37] {Onix} in CLNE @ 17.01
[09:37] {Threei} good entry
[09:38] {dino} sm l ilmn .70, stop .37
[09:39] {dino} stopped, that sucked
[09:41] {GeoArb} WHATS YOUR ENTRY VAD?
[09:41] {GeoArb} oops
[09:41] {Threei} 17.25 is pre-market resistance for CLNE
[09:41] {Threei} .10 and .12 Geo
[09:41] {GeoArb} ok
[09:41] {GeoArb} my average is .11 too
[09:41] {magoo} me too .11
[09:41] {Threei} onix beat us
[09:42] {GeoArb} that was really good
[09:42] {Threei} yup
[09:42] {Threei} I missed it with all the typing
[09:42] {dino} sm l ener .41
[09:42] {dino} wide risky
[09:42] {Threei} let's break .25 CLNR
[09:42] {Threei} onix, with your entry I'd par out here
[09:43] {Onix} ty
[09:43] {Threei} brrrreak
[09:44] {Threei} half out
[09:44] {Threei} spike's a bit too sharp
[09:44] {GeoArb} i confess i was half out at 25 :)
[09:44] {GeoArb} it was 13 cents
[09:45] {GeoArb} and i wanted to bank some at res
[09:45] {Threei} makes sense
[09:46] {GeoArb} this was a beauti
[09:46] {GeoArb} cleansed yesterday for me
[09:46] {GeoArb} i am glad i stopped
[09:47] {Threei} stop to 16.95 for the balance who is still holding
[09:47] {esemde} long FMCN
[09:47] {esemde} 31.96
[09:48] {esemde} 3/4
[09:48] {Threei} CPST
[09:48] {Threei} - Originally scheduled for shipment in late September, Capstone was able to deliver this first unit earlier than planned.
[09:48] {Threei} - This first production unit is shipping to Integrated Building Technologies, the company's distributor in Italy.
[09:48] {Threei} - The system will be installed in a wastewater treatment facility in Biella, Italy, and will operate on methane gas generated from the digesters at the facility.
[09:49] {magoo} look eNER vaD AS BOUNCER
[09:49] {esemde} bugger stopped FMCN
[09:49] {GeoArb} vads a bouncer?
[09:49] {Threei} lol
[09:50] {esemde} what kinda jump down wat that....
[09:51] {GeoArb} anyone still in clne?
[09:51] {esemde} -,21
[09:51] {Threei} half here Geo
[09:51] {Onix} yes
[09:52] {GeoArb} apart from the guru and the better student :)
[09:53] {GeoArb} there is a saying my dad used to quote.....
[09:53] {GeoArb} "guru gud chela chini"
[09:53] {GeoArb} gud-} molasses (sweet)
[09:53] {GeoArb} chini -} refined sugar
[09:54] {GeoArb} oh yeah chela-} student
[09:55] {GeoArb} the reference here... being onix getting better fills now :)
[09:57] {dino} out ener .49 +1.08
[09:57] {Onix} it is so great to be doing a few things right for a change
[09:57] {Threei} even better to realize suddenly, it's not a rocket science
[09:57] {patience} very nice dino
[09:58] {Threei} wtg dino
[09:58] {dino} ty patience wild one
[09:58] {dino} too soon, magoo out doing me on it
[09:59] {GeoArb} sniff... no more philosophizing
[10:00] {GeoArb} CLNE a wedge?
[10:01] {Threei} trying to form it
[10:01] {dino} over my head
[10:01] {Threei} if holding .30 and breaking .50, will trail stop to under .20
[10:01] {GeoArb} i am just pleased as punch to pull .20 on one lot
[10:01] {GeoArb} TY vad flat
[10:01] {Threei} .30 is more logical but the stock is a bit volatile, gotta pad it a little wider
[10:01] {dino} celg
[10:02] {dino} gj geo
[10:04] {GeoArb} wow celg dino
[10:04] {dino} celg sm l .10
[10:04] {dino} careful
[10:05] {GeoArb} no news
[10:05] {GeoArb} hmm
[10:06] {GeoArb} looks like clnee wants up
[10:07] {magoo} oiut .09 ENER..i dunno plus couple points
[10:07] {dino} wtg magoo!
[10:07] {GeoArb} wooo
[10:07] {magoo} waiting .67 CLNE
[10:07] {GeoArb} magoo why 67?
[10:07] {dino} ener sm l .25 wild
[10:08] {GeoArb} ok got it
[10:08] {magoo} breathing area
[10:10] {GeoArb} amazing magoo
[10:10] {magoo} OUT ty boss
[10:10] {Threei} out 1/4 more ..69
[10:10] {Threei} welcome mags
[10:10] {magoo} see thats my first exit from entry
[10:10] {magoo} mnow out full..if pulls ill reload
[10:10] {GeoArb} what was entry?
[10:11] {magoo} vad,pullup my entry please
[10:11] {Threei} offering last 1/4 at 16.95
[10:11] {GeoArb} sheesh (geo puts nose to grindstone)
[10:11] {Threei} [09:41] {magoo} me too .11
[10:11] {peterg} morning; i see i have missed a lot of fun
[10:11] {magoo} TY bossasaurasrex
[10:12] {GeoArb} i reentered for the 40 to 59 move
[10:12] {Threei} 17.95 that is
[10:12] {Threei} hi peter
[10:12] {Onix} all out of CLNE @ .74 ... ty Vad!
[10:12] {GeoArb} but nothing comared to you monsteres !!!!
[10:12] {Threei} welcome sir
[10:12] {GeoArb} if done right this probably made the day !!
[10:14] {dino} celg stop to .49
[10:14] {dino} out +.39
[10:17] {Threei} stop to under .30 btw
[10:17] {GeoArb} vads a swing trader now
[10:17] {dino} out ener .65 +.40
[10:19] {esemde} oh sure now fmcn.........hmmmmmmwhat did i do wrong on that one
[10:19] {dino} thats a toughie fmcn
[10:19] {magoo} jesus..dino just brought me a beer
[10:20] {GeoArb} ?????
[10:20] {esemde} that drop down cost me- .21
[10:20] {esemde} and now it explodes
[10:20] {esemde} thats the type of thing in this business that will drive you crazy
[10:21] {dino} f' it es, all part of the game
[10:21] {esemde} yes....for sure
[10:21] {magoo} to be in this bus u must be somewhat crazy in first place
[10:21] {Threei} stop to under .40
[10:21] {esemde} definately
[10:22] {Threei} hmm
[10:22] {dino} traders expect to have losses. thats the way it is
[10:22] {Threei} TV says we had an eathaquake
[10:22] {GeoArb} wot dino?
[10:22] {Threei} did I sleep through it?
[10:22] {GeoArb} no one told me that
[10:22] {Threei} ah, too far to feel on the ground
[10:24] {dino} geo; good traders take chances w/good expectations, but they expect to lose regularly
[10:24] {GeoArb} hehehe dino
[10:24] {dino} it's not about being right, it's about trading right
[10:24] {GeoArb} was being facetious
[10:24] {dino} no joke man
[10:24] {GeoArb} ahm.... i agree
[10:25] {dino} ok
[10:25] {magoo} vad, ener news please
[10:25] {Threei} 08/28/08 07:01am
[10:25] {Threei} [ENER] Energy Conversion Devices Inc Reports Q4 $0.24 v $0.16e, R $82.4M v $77.5Me
[10:25] {Threei} -Guides Q1 Rev $95-98M v $87.9Me, Gross Margin 31%
[10:25] {Threei} -Guides FY09 Rev $445-485M v $443.1Me
[10:26] {magoo} all good to me
[10:26] {magoo} didnt hold bounce well
[10:26] {GeoArb} and it goes down......
[10:26] {judijim} good morning all
[10:26] {Threei} jj :)
[10:27] {dino} ener maybe re-test lod
[10:27] {magoo} granted..vads post is the extent of my tireless research on ENER
[10:28] {dino} sm l .40
[10:28] {GeoArb} scary spread
[10:28] {Threei} time for some violence?
[10:29] {Onix} yes!
06[10:29] * Threei kicks CLNE in the rear with force of hurricane Gustav multipled by centuries of human intelligence
[10:29] {dino} too soon
[10:31] {magoo} magoo smacks it on hread..needs pullbk FIRST to reenter
[10:31] {GeoArb} why?
[10:31] {magoo} not in
[10:31] {GeoArb} consolidation not good enuff? :)
[10:31] {magoo} want in
[10:32] {GeoArb} there
[10:35] {Threei} either adding intelligence to simple kick is a mistake, or CLNE is confused my mixed signals between me and magoo
[10:36] {Threei} {UNG}
[10:36] {Threei} we are awash in natural gas
[10:36] {Threei} and oil
[10:38] {Threei} out CLNE last portion
[10:39] {Roman}
21 UAUA?
[10:40] {Roman}
21 i am in small 10.60
[10:40] {Threei} wow
[10:40] {Threei} why that high?
[10:40] {Roman}
21 buy high sell higher
[10:41] {GeoArb} :)
[10:41] {Threei} I don't know... this thing is oil dependent, went up quite a bit
[10:41] {GeoArb} see you later guys
[10:41] {Threei} take care Geo
[10:42] {magoo} bye geo
[10:42] {Threei} and I don't see sufficient consolidation under .60 to warrant something like JBE
[10:42] {Roman}
21 take care Geo
[10:43] {Roman}
21 FRE
[10:43] {Roman}
21 lets roll
[10:44] {Threei} .26 trigger?
[10:44] {dino} cya geo
[10:44] {Roman}
21 i think so vad
[10:44] {Threei} UAUA works
[10:45] {Roman}
21 ABK on radar too
[10:45] {Threei} I would be out of it here faster than drunk sailor is out of saloon upon finding out he has no money to pay for drinks
[10:46] {Roman}
21 :)
[10:46] {Roman}
21 check STSI
[10:46] {Roman}
21 baster is moving higher
[10:48] {dino} i prefer to call it "creative accounting"
[10:51] {Roman}
21 in FRE 1/2
[11:01] {Threei} ese, did you ever get in CPSL?
[11:03] {Threei} I don't see any fresh news on STSI
[11:05] {Threei} btw... do we send a thank you card to Pickens?
[11:05] {dino} indeed
[11:06] {dino} v sm cme s .15
[11:07] {magoo} new entry area vad CLNE?
[11:07] {Threei} oh great
[11:08] {Threei} not sure yet mags
[11:09] {Threei} kind of 50/50 here
[11:10] {Threei} bounce for a scalp looks too obvious off 17
[11:10] {Threei} I suspect it's going to break down
[11:10] {Threei} shake out those who go for obvious
[11:10] {Threei} then jump back up
[11:11] {Threei} look for something like .80 - .90 range for entry
[11:11] {Threei} there you go
[11:11] {Threei} half lot
[11:11] {Threei} in
[11:11] {Threei} .80, stop under .70
[11:11] {Threei} just a scalp
[11:14] {Threei} I guess I oversat it
[11:14] {Threei} wanted a spike back over 17
[11:14] {Threei} either double bottom here or stop
[11:17] {Threei} yawn
[11:17] {Threei} do something CLNE
[11:18] {Threei} you all asleep?
[11:18] {patience} yes
[11:18] {Threei} okay
[11:18] {Threei} I'll stop talk loud
[11:19] {Threei} (whispering) how about that forecast of 17 breakdown?
[11:19] {Threei} out
[11:20] {magoo} stopped clne
[11:20] {magoo} regret my smackdwn now
[11:25] {Threei} USO is snapback time probably
[11:25] {Threei} watching UAUA for short
[11:26] {Threei} no technicals for the play, just need sharp USO green bar
[11:32] {Threei} getting ready
[11:32] {Threei} if this is double bottom for USO, UAUA should be done
[11:32] {Threei} didn't reach its previous high as USO made new low
[11:36] {Threei} no double bottom so far
[11:38] {dino} .
[11:39] {Threei} good point
[11:40] {Threei} did they cancel hurricane?
[11:40] {Threei} look how UAUA is unable to move up on USO drops anymore
[11:40] {magoo} nothing makes sense anymore
[11:41] {Threei} just need reversal on that slimy environemntally unfriendly liquid
[11:43] {Threei} ok, .75 is closest resistance UAUA for stop placement
[11:43] {Threei} short here
[11:44] {Threei} .65 in
[11:44] {Threei} gotta try it
[11:44] {Threei} shhesh... what's killing oil?
[11:44] {Threei} out UAUA
[11:45] {dino} what happened, hurricane fizzle out
[11:45] {Threei} I guess
[11:45] {Threei} all I see is
[11:45] {Threei} {USO}
[11:45] {Threei} and that's bs
[11:46] {Threei} who cares what that guy thinks
[11:47] {hawkfan4} man, i just covered my oil future short at 116.20 just b4 the giant drop. it's been that kind of week
[11:48] {Threei} that's unreadable hawk
[11:48] {Threei} don't feel bad
[11:48] {Threei} there is no way to see this coming
[11:48] {hawkfan4} i know, but the extra 4k would've been nice :) i thought it was reversing
[11:52] {Threei} what a reversal CLNE
[11:52] {Threei} why didn't we short it lol
[11:52] {Threei} just kidding... never saw clean short setup
[11:52] {Threei} other than 17 break but that was very iffy
[11:52] {dino} stopped cme -1.40 100
[11:52] {Threei} looks readable in retrospect only
[11:53] {Threei} at the moment it was much more like shakout with immediate snapback
[11:53] {esemde} L SUSQ .65 1/2 lot
[11:54] {Roman}
21 still in FRE
[11:54] {Roman}
21 len LEN
[11:54] {Roman}
21 12.68
[11:54] {Roman}
21 long LEN
[11:57] {Roman}
[11:58] {Chaeron} long ALL at .09 (teasing) Good morning everyone
[11:58] {esemde} CCCCCHHHHHH!!!!!!!!!
[11:59] {Chaeron} heya Ese :)
[12:00] {Roman}
21 out UAUA
[12:00] {Roman}
21 +.58
[12:00] {dino} gj
[12:00] {esemde} mostly burnt cautious
[12:00] {Threei} chaeron :)
[12:00] {Threei} good one Roman
[12:01] {Chaeron} Hi Threei
[12:02] {Threei} {USO}
[12:02] {dino} sm l chk .40
[12:04] {dino} cybx l .20, stop .99
[12:05] {Threei} OK, another attempt UAUA
[12:06] {Threei} .99 short with stop abpve 11.10
[12:14] {esemde} anybody else sensing that buying on pullbacks is the way to go in this market?
[12:15] {peterg} sounds right
[12:15] {Threei} very much so
[12:15] {Threei} UAUA 1:1, cover half; scalpers take profit
[12:20] {Threei} stop to above 11 for the balance
[12:22] {Roman}
21 alright housing situation is fixed....time to start flipping again......dino + magoo, would you please so kind and give me a discount on one of your seminars "flip for living" or "get rich flipping real estate" any on of the topics is fine
[12:22] {Threei} done UAUA
[12:23] {magoo} i took scalpers exit vad, ty
[12:23] {Threei} good move
[12:23] {Threei} lunch period, things lose momentum
[12:23] {Roman}
21 out FRE -.05
[12:25] {Threei} thinking of CLNE short
[12:25] {Threei} nice bounce into resistance area
[12:26] {peterg} didja:
[12:26] {peterg} ?
[12:27] {dino} lol rfr.
[12:27] {dino} but seriously, i am looking in brunswick county, nc
[12:27] {dino} condos
[12:27] {Threei} peter... I am affraid I need translation
[12:27] {peterg} short clnes?
[12:28] {peterg} clne
[12:28] {Threei} not yet
[12:28] {Threei} thought of .70 breakdown but it dropped too fast
[12:28] {dino} 11700 again dji
[12:29] {dino} 400-11700
[12:29] {dino} 400/11700=3.4%, getting close
[12:32] {dino} vad, remember my monday 11,300 call? we missed by 30 pts, now back to 11700. almost time to drop again
[12:33] {Threei} 30 points in nothing in terms of these numbers... I say you nailed it to the letter
[12:33] {dino} ty
[12:39] {esemde} Out SUSQ.....68 +,03 not goin anywhere this one
[12:40] {Threei} I guess I missed CLNE short
[12:41] {Threei} felt it was right time but precise setup just didn't present itself
[12:41] {peterg} o well--good eye
[12:41] {Threei} it may be but I better keep it open
[12:41] {peterg} :)
[12:43] {Threei} unpatriotic play
[12:44] {Threei} USO long on 93.50 break
[12:44] {Threei} if stays above 93.20
[12:51] {Threei} no follow through
[12:51] {Threei} maybe we need to preserve morning profits and stop trying to squeeze juice out of stone
[12:51] {magoo} too late
[12:52] {magoo} already neg here
[12:52] {esemde} I'll admit that i think i've been trying to do that
[12:52] {peterg} left uso +.11 tks
[12:52] {esemde} ever since i've gotten back from Ontario my trading has bee spoty at best
[12:53] {Threei} stop to .35 USO
[12:53] {esemde} was on a roll before i left but now.....hmmmmmmmm
[12:53] {patience} you know how to fix that don't you ese....
[12:53] {esemde} how
[12:53] {dino} go away again
[12:53] {patience} you need to go to vad's for shish kabob and half dozen shots of vodka with dinner
[12:53] {esemde} that would do it
[12:54] {patience} very much so
[12:54] {esemde} have to go over trades and notes etc.....
[12:54] {dino} vad would've been proud, orange stolie was flowing freely at my house saturday
[12:54] {esemde} see what the difference is
[12:55] {esemde} until then i'm gone for the day.....see tomorow
[12:55] {dino} amr s .12, stop .41
[12:55] {Threei} we are consistently profitable over last two weeks
[12:55] {Threei} boring but in the plus
[12:56] {dino} y
[12:57] {peterg} remind es to change music selection for successful trading
[12:57] {peterg} Dire Straits good today
[12:58] {dino} good choice, we are on classic buzz-alternative
[12:58] {Roman}
21 out LEN
[12:59] {Threei} Tom Waits works for me any day
[13:01] {cosmo} Tom must be a loyal employee
[13:01] {Threei} lol
[13:02] {cosmo} k...back too sleep...
[13:03] {Threei} USO dump
[13:04] {dino} lol
[13:31] {Threei} magoo
[13:31] {Threei} what is it we haven't done yet today, and without which our day is not complete?
06[13:31] * magoo slaps laserdave1 around a bit with a large trout
[13:31] {Threei} chaeron, same question goes for you too
[13:32] {Threei} magoo got it right
[13:32] {dino} chk stop to .84
[13:34] {dino} out chk .94 +.54
[13:34] {Threei} FINL worked for us yesterday... wasn't confidcent enough today to go for another break on it
[13:34] {Threei} a bit too narrow today
[13:36] {dino} celg wants double bottom imo
06[13:39] * Chaeron slaps laserdave1 around a bit with a large trout
[13:39] {magoo} there u go
[13:39] {Chaeron} sorry I was a bit late on that
[13:40] {Threei} you were so late, I already foergot what we were talking about
[13:40] {dino} celg l .11, stop lod
[13:53] {Threei} lars, look dcc please
[13:58] {dino} tighten celg doesn't feel right, to .98
[14:02] {Threei} just one day of torture left
[14:02] {Threei} then things will start picking up
[14:02] {Threei} or down
[14:03] {dino} stopped
[14:04] {Threei} polish vodka recovered a bit today dino
[14:04] {Threei} I assume on all that buying you did for your party?
[14:04] {Threei} volume is quite low though
[14:04] {Threei} maybe forming a flag for the next show to drop
[14:07] {dino} cybx fast fall
[14:08] {dino} lol
[14:09] {dino} i am 0/1 on cybx, but its taunting me
[14:10] {dino} waiting sm at .30
[14:17] {magoo} LASER, dcc when u can
[14:18] {dino} sm l .50 cybx wide
[14:28] {Threei} market needs CPR
[14:29] {dino} ?holding well
[14:29] {Threei} not moving :})
[14:29] {dino} ahh
[14:30] {dino} sort of how i feel
[14:34] {dino} wabc
[14:49] {Threei} looking at USO daily,
[14:49] {Threei} I can't imagine such harsh selloffs for something that is going to go up
[14:49] {Threei} IMO, unless something happens, this thing is bound to continue daowntrend
[14:50] {Threei} and it's hard to imagine what that "something" could be
[14:50] {Threei} Gerogia war didn't propel it,
[14:51] {Threei} neither did unrest in Pakistan,
[14:51] {Threei} hurricanes is bs, IMO
[14:52] {Threei} (as an reason for oil to go up that is)
[14:52] {dino} well today it was bs
[14:55] {magoo} vad, power upward into bell iyo?
[14:56] {Threei} truly no idea
[14:56] {Threei} Zoom Airlines sincerely regrets to advise its customers that it has suspended operations with effect from 18:00 UTC on Thursday 28 August.
[14:56] {Threei} All flights scheduled to depart from have been cancelled and Zoom's aircraft have been grounded.
[14:56] {Threei} another one bites the dust
[14:58] {Threei} I mean, it's just a lame excuse, dino... hurricanes were there always
[14:58] {Threei} oil never reacted on them really until this whole price runup started
[14:59] {dino} i agree
[14:59] {dino} and today not acting on them either
[14:59] {fernp} TSN is a valid dbi, Vad?
[15:00] {Threei} chart's right, just a bit narrow
[15:00] {fernp} ty
[15:11] {fernp} out TSN +.11
[15:11] {Threei} good one
[15:11] {fernp} :)
[15:19] {fernp} see you all tomorrow.
[15:20] {Threei} take care fern
[15:20] {dino} cya fernp
[15:35] {Threei}
Short Setup:
0,4 CLNE .50 breakdown if stays below .65
[15:35] {dino} cov amr .04 +.07
[15:35] {dino} 08
[15:37] {dino} ok gotta hop, baseball game. out cybx .40 -.10 lousy entry
[15:37] {Threei} take care dino
[15:44] {Threei} - Reiterates he believes its likely a hostile takeover will occur
[15:48] {Threei} CLNE invalidated
[15:50] {Threei} 19 US companies are banned from food suppied to Russia for 'safety reasons"
[15:53] {peterg} bye guys cu you tmo
[15:54] {Threei} Ok guys
[15:54] {Threei} than k you all
[15:54] {Threei} have a good evening, see you tomorrow

Wednesday, August 27, 2008

Aug 27 2008

Session Time: Wed Aug 27 00:00:00 2008

[07:50] {Threei} SOLF
[07:50] {Threei} REPORTS Q2 $0.23 V $0.22E, R $197.7 V $182.2ME
[07:50] {Threei} - Gross Margin 13.7% v 15.8% q/q sequentially
[07:51] {Threei} ROYL
[07:51] {Threei} - The new zone is a Dakota B sand that flowed dry natural gas at rates up to 2.0M cu ft per day from this interval. The well will be hooked up to the pipeline for immediate sales at 1.0M cu ft. per day.
[07:51] {Threei} - This is the second producing horizon in this well. The first zone completed was the Morrison Brushy Basin sand that is currently behind a temporary plug and will be added later.
[07:51] {Threei} - Additional potential in the Moon Canyon #2 well remains in the untested Mancos shale.
[08:13] {Threei} SOLF
[08:19] {Threei} (US) NJ Governor Corzine: The US should get rid of the hybrid structure of the GSEs and back them with taxpayer funds
[08:19] {Threei} - When asked about a possible government takeover of the two GSEs, Corzine said that Paulson may be forced to make that move.
[08:24] {Threei} FNM
[08:27] {Threei} - Consensus expectations:
[08:27] {Threei} - Durable goods orders 0.0% v 0.8% prior
[08:27] {Threei} - Durables ex transportation -0.7%e v 2% prior
[08:30] {Threei} JULY DURABLE GOODS ORDERS: 1.3% V 0.0%E;
[08:30] {Threei} EX-TRANSPORTATION: 0.7% V -0.7%E
[08:30] {Threei} - prior Durables revised from 0.8% to 1.3%
[08:30] {Threei} - prior Ex Transportation revised from 2.0% to 2.4%
[08:45] {magoo} morn
[08:47] {Threei} morning mags
[08:48] {magoo} so solf headss south
[08:48] {Threei} margins are getting squeezed
[08:49] {peterg} gm
[08:49] {Threei} peter :)
[08:52] {Onix} Good morning all
[08:53] {Threei} Onix :)
[09:01] {fernp} Good morning all
[09:01] {Threei} fern :)
[09:01] {Threei} yesterday was the least volatility/volume since May
[09:02] {Threei} no wonder we had hard time trying not to snore
[09:03] {Threei} oil inventory numbers today at 10:35
[09:11] {esemde} good morning...Vad Raven Brian cos dino dp fern hawk jmb magoo onix patience peter tom and trader sam.....
[09:11] {Threei} morning ese
[09:11] {esemde} hows that for hellos
[09:11] {Threei} wow
[09:11] {dino} gm all
[09:12] {Threei} dino :)
[09:14] {dino} a mouthful es
[09:14] {dino} amr to seel
[09:16] {dptl} good morning all
[09:17] {dino} to sell that was, starting already
[09:17] {Threei} dp :)
[09:18] {patience} morning ese and the rest of RT :)
[09:18] {_traderSAM} gm :)
[09:18] {Threei} FNM finds bidders again
[09:19] {Threei} patience, tradersam :)
[09:19] {esemde} gm and welcome to the board trader sam
[09:19] {_traderSAM} thx
[09:19] {esemde} so SOLF beats kind of and gets swacked Vad...
[09:20] {tomg} gm all
[09:20] {Threei} tom :)
[09:20] {esemde} tom
[09:20] {tomg} hi ese
[09:20] {Threei} ese, margins are suffering for SOLF
[09:21] {esemde} ahhhhhh
[09:21] {Threei} scroll up, I posted couple items on it
[09:21] {GeoArb} gm
[09:22] {esemde} geo
[09:22] {Threei} Geo :)
[09:22] {Threei} UAUA got beaten nicely
[09:23] {esemde} dino.....would SOLF be something you'd go after
[09:25] {cosmo} SOLR pre mkt high = 13.30 fwiw
[09:25] {dino} not yet, would like to see 2.50 or more off
[09:26] {dino} ok, time for some alternative rock
[09:27] {esemde} is that a general rule you have
[09:27] {cosmo} fake granite?
[09:27] {Threei} lol'
[09:27] {cosmo} :)
[09:27] {esemde} for most stocks or does it depend on market cap etc etc
[09:28] {Threei} - Notes that the policy differences between central banks can create an element of pressure between currencies, yet the policies of the Fed and ECB are both 'sound'
[09:28] {Threei} imported inflation?
[09:28] {Threei} I thought we exported it
[09:28] {dino} yes es, really need to see a few bucks
[09:29] {Onix} yes, are we not the King of Inflation"?
[09:29] {judijim} good morning all
[09:29] {Threei} jj :)
[09:29] {dino} salvation thru inflation
[09:29] {GeoArb} that would be zimbabwe
[09:30] {Threei}
Long Setup:
0,3 FNM 6.21
[09:30] {Threei} ugh, late
[09:30] {dino} lol
[09:31] {Threei} try to get pullback
[09:31] {Threei} 6.10 support for stop placement
[09:31] {dino} old gary north book
[09:34] {esemde} bstop short AMLN 23.49 1/2
[09:36] {dino} amr sm s .00
[09:36] {dino} stop hod
[09:36] {esemde} short AMLN covered .31
[09:37] {esemde} short .48 covered .31 +.17
[09:42] {Threei} watching RMBS for long entry
[09:42] {esemde} PTEN on pullback
[09:43] {esemde} around .30
[09:43] {dino} dltr
[09:43] {Threei} .85 long if stays above .75
[09:44] {Threei} invalidated
[09:49] {Threei} Russia: uhhu
[09:49] {GeoArb} i am sure now they will
[09:50] {magoo} yeah, french opinion holds alot of weight
[09:50] {Threei} especially after their yesterday headline
[09:50] {GeoArb} please withdraw cuz i am fearfull?
[09:52] {peterg} i.e., don't make me hurt you
[09:52] {GeoArb} you mean dont make you hurt me?
[09:53] {Threei}
Long Setup:
0,3 CELL .51 if stays above .45
[09:53] {Threei} just a scalp
[09:53] {Threei} invalidated
[09:54] {peterg} also true
[09:54] {peterg} dgeo
[09:54] {peterg} geo
[09:55] {esemde} PTEN pullback to deep.....invalidated for me
[09:56] {Threei} RMBS was still worth it I guess
[09:56] {esemde} RMBS....waiting for pull back
[09:57] {esemde} if it goes through 18 Vad is should go a little
[09:57] {Threei} probably... serious resistance to break
[09:58] {Threei} in more determined market I would be all over such break
[09:58] {esemde} damn......missed it...didn't get the order in fast enough
[09:58] {Threei} don't chase
[09:58] {Threei} pullback or no play
[09:59] {esemde} indeed
[09:59] {Threei} CLNE
[09:59] {Threei} this thing looks seriously determined
[10:00] {esemde} i'll say
[10:01] {Threei} if you believe in Pickens... half lot long .25
[10:02] {Threei} stop under .10 or under 16, both are valid
[10:03] {dino} amr stopped .95 +.05 not moving
[10:03] {Onix} in CLNE @ .25
[10:03] {Threei} CSUN?
[10:04] {Threei} what's up with that dog
[10:04] {Threei} CLNE, I won't be surprised to see it at 17
[10:05] {Threei} volatility is a problem on it thouigh
[10:05] {Threei} can breathe hard as magoo says
[10:05] {magoo} ill stiop it
[10:05] {magoo} long .30
[10:05] {esemde} AMLN still heading down...gotta be gettingg close to your territory dino
[10:05] {Threei} lol
[10:05] {Threei} only combined power of you and chaeron can stop Pickens, magoo
[10:06] {magoo} oh..well hes not in yet..
[10:06] {Threei} that's your chance
[10:06] {magoo} my only hope
06[10:06] * Threei kicks CLNE in the rear... move fast while chaeron isn't here!
[10:07] {Threei} hey, that was a good kick
[10:07] {magoo} keep doing it
[10:07] {magoo} hurry..i hear chaer
[10:07] {dino} es, problem is deaths associated w/it, could just die itself
[10:07] {dptl} +.20 clne ty
[10:07] {Threei} dp :)
[10:07] {dino} hitting 2 year lows
[10:07] {dino} gj dp
[10:07] {esemde} gotcha.....
[10:08] {dino} lets find crazy moves w/no news
[10:08] {Threei} great spot on a short side ese
[10:08] {dino} patience my friend
[10:08] {Threei} AMLN that is
[10:09] {Threei} guys, CLNE is both good mover and hard breather
[10:09] {Threei} control your risk and manage the trade
[10:09] {Threei} partial out
[10:09] {Threei} protect half of profit
[10:09] {Threei} unless you are hard core scalper that is
[10:09] {Threei} then you are out here
[10:11] {Onix} ty Vad, got .24 on my 100 shares in CLNE
[10:12] {Threei} :)
[10:12] {Threei} got any leftovers?
[10:12] {peterg} learning limit orders, chased CLNE up & missed the ride. Sniff.
[10:13] {Threei} how do you route your limit entry?
[10:13] {Threei} at the offer price of the moment?
[10:13] {peterg} looks like island
[10:13] {Threei} right, I mean price
[10:14] {peterg} i hit a price on the level two chart; it appears in the limit price box
[10:14] {Threei} OK, adjust it a little bit:
[10:14] {peterg} i try to buy on the cheap
[10:14] {Threei} if your entry is .25
[10:14] {Threei} set a limit .27 - .28
[10:14] {Threei} and hit buy when .25 starts scrolling
[10:15] {Threei} this is a good comprmise between market order that could get you in too high
[10:15] {Threei} and too tight limit that can miss a play altogether
[10:15] {dino} chtt
[10:16] {GeoArb} or depending on your broker.... yo migh have a smartorder
[10:16] {dptl} and watch time and sales window peter:)
[10:16] {dino} sh 8t can't borrow
[10:16] {GeoArb} you can choose a 3 cent leeway
[10:16] {Threei} couple cents is usually immaterial
[10:16] {Threei} and if there are enough shares at your .25 you'll get it anyway
[10:16] {Threei} also,
[10:17] {Threei} make sure you have Route Out checked
[10:17] {Threei} this will garantee that your ISLD hits all others too
[10:17] {peterg} thks team
[10:18] {peterg} where is Route Out check pls?
[10:19] {Threei} right click on Level 2,
[10:19] {Threei} settings window will pop up,
[10:19] {peterg} got it
[10:19] {Threei} look in the right column, roughly middle section
[10:19] {Onix} NVDA Vad?
[10:19] {Threei} check all boxes
[10:20] {Threei} no idea Onix
[10:20] {Threei} NVDA ceased to be that perky player we knew and loved
[10:20] {peterg} isld/arca trac data des nyfs nte all checked thks
[10:20] {Onix} ok ty
[10:20] {Threei} don't forget to save layout also peter
[10:20] {Threei} or you will have to do it tomorrow again :)
[10:20] {peterg} rt tks
[10:21] {peterg} they were already checked
[10:21] {Threei} cool
[10:22] {esemde} missed entry CTXS
[10:22] {esemde} tryed for .65 didn't get it....
[10:24] {dino} cpla sm l .15 ave
[10:25] {dino} wynn sm l .49 wide wicked one
[10:26] {Threei} CLNE next leg
[10:27] {esemde} CPSL vad.....really looks good on the took this the other day if I recall correctly
[10:28] {Threei} pulled right back into support
[10:28] {Threei} held 5 yesterday and today
[10:28] {Onix} in CLNE @ .51
[10:29] {Threei} I guess can be qualified as pullback buy with stop under 5, but don't expect quick resolution from it
[10:29] {Threei} not likely to be a day trade
[10:29] {esemde} considering a swing trade on this one.....
[10:30] {esemde} CPSL.....classic swing trade
[10:35] {Threei} DOE CRUDE: -3.5M V +1ME;
[10:35] {Threei} GASOLINE: -1.2M V -2.ME;
[10:35] {Threei} DISTILLATES: +57K V +600KE; UTILIZATION: 87.3% V 85.9%E
[10:36] {dptl} was it that slow monday and tuesday too?
[10:36] {Threei} very
[10:36] {Threei} *API Inventory:
[10:36] {Threei} - Crude Inventories: -3.5M
[10:36] {Threei} - Gasoline: -2.1M
[10:36] {Threei} - Distillate: +730K
[10:38] {dptl} hmmm.....thinking to go for a nap:)
[10:38] {Threei} slacker
[10:38] {dptl} :)
[10:39] {Threei} stay here and suffer with us!
[10:39] {GeoArb} sheesh.....have a great day guys.... I might show up next week
[10:39] {Threei} sigh
[10:39] {dino} you done geo?
[10:39] {esemde} AAUK nu eye....and no come back agin....
[10:39] {GeoArb} actually negative....
[10:39] {GeoArb} loosing discipline
[10:39] {esemde} and ye no come back agin
[10:39] {GeoArb} might as well packup
[10:40] {GeoArb} thanks guys......
[10:40] {esemde} see ya geo
[10:40] {esemde} take care ...been there
[10:41] {dino} vsnt
[10:41] {dino} yake care geo
[10:42] {dino} sm l vsnt .23 gappy
[10:43] {dptl} sirf...slow..but something is up i think
[10:48] {esemde} looks like it's hit rock bottom dp
[10:49] {esemde} buy out candidate....
[10:49] {dptl} may be........but see...i started to think wich is not a good sign :)
[10:49] {Threei} lol
[10:50] {dptl} :) gonna go get some cofee
[10:50] {magoo} get me a cup please
[10:50] {Threei} and make sure it's Irish
[10:50] {dptl} right away sir:)
[10:51] {magoo} oh yeah
[10:51] {Threei} 'cause for magoo coffee is just an excuse
[10:51] {esemde} ouch.....
[10:52] {magoo} vad, remember when u and i were drinkin them in vegas
[10:52] {Threei} hmmm
[10:52] {Threei} my memory must be fading
[10:54] {dino} good, cause we only like the "hot" ones
[10:56] {dino} no sense of humor i see
[10:57] {esemde} L DTV .43
[10:57] {magoo} boone letting me down here
[10:58] {esemde} full lot....lots of liquidity
[10:58] {esemde} stop .30
[10:58] {Threei} you haven't exited any magoo?
[10:59] {magoo} nah..was waiting hit .62
[10:59] {Threei} come on...
[10:59] {magoo} what..thats valid exit
[10:59] {Threei} why not partial
[11:00] {magoo} only had /have half
[11:00] {magoo} no money in a partial
[11:05] {magoo} better than a stop i guess..sigh
[11:07] {Threei} that's what I thought
[11:11] {dino} cedc plunges again....hmmmmm
[11:15] {Threei} {FNM}
[11:17] {dino} cedc sm l .35, stop .97
[11:18] {Threei} ese, look dcc please
[11:20] {Threei} FNM SELLING $150M 4.15% BONDS DUE 2011
[11:27] {dino} they need about 150 billion
[11:29] {Threei} if FRE/FNM capital is overly expensive - expect mortgage rates to go up
[11:29] {Threei} AMLN is bottomless
[11:32] {dino} cedcstopped
[11:34] {dino} wants 18 imo
[11:34] {dino} amln
[11:43] {Threei}
Long Setup:
0,3 FINL .80 trigger
[11:43] {Threei} .69 stop
[11:45] {dino} cme sm l .50
[11:46] {dino} v sm
[11:47] {Onix} in FINL @ .82
[11:49] {esemde} OUT DTV....-.07.....don't have time to finish watching it
[11:51] {Threei} time for violence I think...
06[11:51] * Threei kicks FINL in the rear with heavy duty army boots
[11:51] {dino} syno
[11:51] {Onix} wtg!
[11:52] {Threei}
Long Setup:
0,3 FNM .31 if stays above .25
[11:55] {dino} sort of bio blood day
[11:55] {Onix} in FNM @ .31
[11:58] {dptl} offering .94 finl
[11:59] {Threei} FUNL 1:1
[11:59] {Threei} FINL
[12:00] {dptl} out +.12 ty
[12:00] {Threei} :)
[12:00] {fernp} out here too. TY
[12:00] {Threei} welcome
[12:12] {Onix} got .16 in FINL ty Vad
[12:12] {Threei} :)
[12:12] {Threei} 11:29] {Threei} AMLN is bottomless
[12:13] {Threei} no kidding
[12:13] {magoo} i think dino called 18
[12:14] {Threei} quite possible
[12:15] {Threei} good to see even in this swamp we still find winning ones
[12:15] {Threei} but sheesh, this week is so dead
[12:15] {Threei} no wonder though
[12:15] {Threei} last week of august, before long weekend
[12:16] {magoo} remember when we were in vegas this week last year
[12:16] {Threei} we were?
[12:16] {dino} out wynn .88, +1.40
[12:17] {dptl} is that labor day coming?
[12:17] {Threei} you must have poured too much of that Stoly stuff mags... my memory is erazed
[12:17] {Threei} yes dp
[12:18] {Threei} believe it or not, NQ really looks like breaking out
[12:18] {dino} out cme +3.20
[12:18] {dptl} oh 1st closed?
[12:18] {Threei} yup
[12:19] {dino} no takers huh?
[12:19] {dino} breaking out? you should see magoo's face
[12:20] {dino} you guys are tough, no laughs, no gj's
[12:20] {dptl} Dino
[12:20] {Threei} it just takes us longer to digest dino
[12:20] {fernp} gj dino :)
[12:21] {dino} thx dp, fern. for a slow day two beauties
[12:21] {Onix} wtg dino!
[12:21] {dino} :)
[12:21] {Threei} dunno about magoo's face but NQ broke
[12:23] {magoo} shit forgot i still had clne
[12:23] {Threei} - Notes that punitive steps by the EU against Russia would fail.
[12:24] {Threei} let's remember this 'too civilized"
[12:24] {Threei} my prediction is, come winter we will have a few occasions to return to this sentence
[12:25] {Onix} you expecting bigger trouble over there Vad?
[12:25] {Threei} can't see how they could be avoidable
[12:26] {dino} didn't they cut off gas to germany for a few days last year
[12:26] {dino} makes for a cold winter
[12:27] {Threei} and consider that pipes go via Ukraine
[12:27] {Threei} so it makes it easy to cut off gas to Ukraine, using real or fake price dispute
[12:27] {Threei} forcing Ukraine to start siphoning gas off those pipes
[12:27] {Threei} and making it a bad guy
[12:27] {dino} indeed
[12:28] {dino} may you live in interesting times
[12:28] {magoo} u should have stayed there..joined communist party..and aspired to be sec of treasurery
[12:29] {Threei} why am I not delighted by the perspective
06[12:32] * Threei slaps laserdave1 around a bit with a large trout
[12:35] {laserdave1} market on fire
06[12:35] * laserdave1 slaps Threei around a bit with a large trout
[12:35] {Threei} ummm
[12:35] {Threei} look at volume
06[12:35] * laserdave1 slaps magoo around a bit with a large trout
[12:36] {Threei} I'd say, it's on smoulder
[12:37] {dino} syno sm l .99, stop lod
[12:37] {peterg} Lower On Down?
[12:37] {Threei} just very low overall
[12:37] {dino} stop lod=low of day
[12:37] {peterg} tks
[12:37] {Threei} so "fire" is a bit too loud
[12:38] {Threei} smouldering is more like it
[12:38] {dino} don't ask
[12:40] {dino} because i don't trust this market, look what cme and wynn do
[12:41] {laserdave1} i looked up cme definition in dictionary
[12:42] {laserdave1} cme = nuts
[12:42] {dino} lol
[12:42] {laserdave1} 19 points off of bottom
[12:42] {dino} mine said f'ing nuts
[12:42] {laserdave1} haha
[12:42] {laserdave1} ya
[12:44] {dino} v sm ma l .40, wide
[12:49] {peterg} now .89?
[12:51] {dino} que?
[12:52] {peterg} is this MA at $235 and change per sh?
[12:52] {dino} y
[12:52] {peterg} k
[12:52] {dino} mastercard
[12:52] {peterg} ah
[12:52] {dino} i was on vaca, so it should move up
[12:53] {peterg} roger that
[12:53] {dino} can't get thru .90
[12:53] {dino} vsnt stopped -.33 at .90
[12:54] {dino} reverse slip, hmmm
[12:55] {peterg} dfghjikolt6r5e4drftyuioujytt53w123456qw
[12:55] {peterg} L;
[12:55] {peterg} SORRY cleaning keys
[12:56] {peterg} compulsive
[12:56] {peterg} should put my white gloves back on
[12:57] {dino} ok michael, and i suppose you sign too, :)
[12:57] {dino} i always thought there was something wrong w/jackson wearing one glove signing beat it
[12:58] {dino} singing
[12:58] {peterg} got it!
[12:59] {dino} gxdx
[13:04] {dino} ma stop to flat
[13:04] {dino} stopped
[13:15] {dino} hurn
[13:21] {peterg} ARBA?
[13:21] {peterg} spikey
[13:21] {peterg} up
[13:23] {peterg} and dn
[13:24] {dino} gxdx sm s .60, stop .01
[13:39] {Threei} if CLNE takes .40 again, most likely will turn into runner again
[13:40] {Threei} we exited FINL just right eh?
[13:42] {Threei} wake up you guys
[13:42] {magoo} here
[13:42] {Threei} on the other hand... what for
[13:42] {Threei} go back to sleep
[13:42] {magoo} good niht
[13:42] {Threei} but magoo
[13:42] {Threei} while you are here and awake
06[13:43] * Threei slaps magoo around a bit with a large trout
[13:44] {Threei} hey lars!
[13:44] {Threei} welcome back
[13:44] {Threei} how are you?
[13:45] {lars} worn out from reunion
[13:45] {lars} we tried to see if we still had it
[13:45] {lars} NOT
[13:45] {Threei} lol
[13:46] {lars} had fun trying though
[13:46] {Threei} and headache in the morning?
[13:47] {lars} consecutive daily
[13:47] {Threei} serial headache
[13:47] {Threei} nice
[13:47] {Threei} sharing a little secret:
[13:48] {Threei} if you had enough of hard liquor yesterday, start the day with a glass of water
[13:48] {Threei} it dilutes some of leftovers and tyou are drunk once again - FREE!
[13:48] {lars} lol
[13:48] {Threei} dp, don't run to the water tap that fast
[13:49] {dptl} hehe...i do it all the's like two for one thing
[13:49] {Threei} yup, I know it was nothing new for you
[13:49] {dptl} lol
[13:50] {magoo} st patrics day i drank so much green beer i was literally sweating green
[13:51] {dino} i'll tell you what the worst thing about the all-inclusive resorts is......i start drinking in the a.m.
[13:51] {magoo} like thats a bad thing
[13:51] {dino} magoo, you and belushi are the green men
[13:52] {dino} vad, this room has a problem, we were all falling asleep until lars brought up drinking
[13:52] {Threei} I fail to see how that is a problem
[13:52] {peterg} almost one pm in the midwest, time for a drink!
[13:53] {dino} lol, waiting until 4:00 pm eastern
[13:53] {lars} my sentiments exactly
[13:53] {peterg} ditto; in fact I finish day job at 5-sober til then
[13:53] {Onix} a bit late but in CLNE @ .41
[13:54] {Threei} stop under .30
[13:54] {Onix} ty
[13:57] {peterg} covered GXDX +.08 thks dino
[13:58] {dino} gj, what size?
[13:58] {peterg} embarrassingly sm 100
[13:58] {peterg} si 8 bucks less .50 commish
[13:58] {magoo} contra hour vad?
[13:58] {Threei} hmm?
[13:59] {magoo} 2-3 oposite hour
[13:59] {dino} ok, pete, fwiw, when i enter w/sm listed, means 300 shares looking for .40+. otherwise i'm not entering, or going larger w/o sm
[14:01] {dino} hurn feels one more spike and die
[14:01] {peterg} ok thnks
[14:02] {dino} just letting you know the 1:1 goal
[14:03] {peterg} risk/reward goal
[14:04] {dino} yes
[14:04] {dino} i trade smaller and wider. = 100-200
[14:04] {dino} and then wider still, see
[14:05] {dino} amln, why oh why did i not short it
[14:16] {dino} gxdx bstop to .51 stuck
[14:17] {dino} reverse slipped stopped .50, +.10
[14:21] {Threei} {market} why do you hate me :(
[14:22] {Onix} UP market UP!
[14:22] {Onix} UP CLNE UP!
[14:28] {Threei} CPSL srats slowly working for ese
[14:29] {Threei} starts even
[14:32] {Threei} FRE
[14:35] {dino} ipcm spike
[14:46] {dino} gxdx sm s .96 stop .32
[14:47] {judijim} bye everyone, be back tomorrow
[14:47] {dino} cya jj'
[14:47] {Threei} take care jj
[14:55] {Threei} CLNE half out .60
[14:55] {Threei} scalpers know what to do
[14:56] {dptl} ok....gonna go relax a bit..(sleeping at my station here)..have a good evening all:)
[14:56] {Threei} take care dp
[14:56] {Onix} CLNE half out @ .56 (16c)
[14:57] {Threei} move your behind CLNE, we have 17 to take
[14:57] {Threei} while we are young
[14:58] {dino} cya dp
[15:01] {dino} syno too hard tighten stop to .23, jumps around
[15:04] {Onix} ty Vad, i got .16c +.24c in CLNE
[15:05] {Threei} welcome sir
[15:05] {Threei} magoo wake up
[15:08] {dino} gj onix
[15:08] {dino} tighten syno to .27
[15:08] {Threei} dino... could you please put an elbow in magoo's side?
[15:08] {Threei} try to get between ribs
[15:09] {dino} stopped slip to .25, +.26
[15:10] {Threei} out CLNE .79
[15:10] {Threei} don't want to wait for 17
[15:10] {Onix} wtg!
[15:10] {Threei} maybe it pulls back for me
[15:10] {dino} cov gxdx .56, +.40
[15:11] {Threei} wtg dino
[15:11] {Threei} now wake up magoo, he forgot again he had CLNE
[15:11] {magoo} oh shit
[15:11] {dino} lol, and ty
[15:11] {magoo} lol
[15:12] {dino} lucky spike entry on gxdx short
[15:16] {dino} sm s ipcm .36
[15:18] {Threei} unexpectedly good day
[15:18] {Threei} albeit juust as boring as yesterday
[15:18] {dino} i concur
[15:19] {Threei} AMLN is probably one who doesn't... but we don't care
[15:31] {magoo} me tinks my death cry worxexd
[15:31] {magoo} jesus..dino just put a beer in friont of magoo
[15:31] {dino} sm sohu s .02, stop .32
[15:34] {Threei} he is cruel
[15:35] {magoo} indeed{hiccuop}
[15:35] {dino} i just took him a bud light
[15:38] {dino} ipcm bstop to .21
[15:40] {Threei} don't really intend to take any more trades, watching how CLNE finishes
[15:40] {dino} sohu not working, tighten to .22
[15:41] {Threei} if it drops low enough may get tempted to take overnight on it
[15:41] {dino} ipcm to .14
[15:42] {dino} stopped sohu .16 -.14
[15:43] {dino} ipcm to .11
[15:43] {dino} burning daylight
[15:44] {dino} stopped .12, +.24
[15:45] {dino} chrd drop
[15:50] {dino} ok, miller time, plus tee time in 50
[15:50] {dino} decent day. thx all
[15:50] {magoo} me too..ty all
[15:50] {Threei} take care guys
[15:51] {Threei} thank you all, have a good evening
[15:51] {Threei} see you tomorrow
[15:54] {peterg} bye guys--thanks for the help!
[15:56] {Onix} thanks for a profitable day Vad, until tomorrow then everybody

Tuesday, August 26, 2008

Aug 26 2008

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

Monday, August 25, 2008

Aug 25 2008

Session Start: Mon Aug 25 02:52:12 2008

[08:15] {Threei} Financials: According to Heard on the Street some US investment bankers are bearish on the second half of 2008 - WSJ
[08:15] {Threei} - There are some concerns among bankers that the outlook has deteriorated further. The focus for investors remains on the damage caused by mortgage-backed securities, but investors are also looking at other areas such as commercial real estate and higher-grade residential mortgages.
[08:15] {Threei} - The article adds that continued credit-market weakness is likely to force further write-downs in Q3.
[08:16] {Threei} - WSJ believes that Lehman and Merrill are the most vulnerable to an industry slowdown.
[08:16] {Threei} - Consolidation in the investment banking sector could leave the industry with about six major full-service players.
[08:16] {Threei} - With respect to Fannie Mae and Freddie Mac, the WSJ notes that Freddie Macs preferred shares already trade at less than half of their issue price and that suggests no preferential treatment if the government ends up bailing out the mortgage GSEs.
[08:18] {Threei} - Currently awaiting final approval from China for new 300K bpd refinery
[08:18] {Threei} - Expects to sign new contracts with oil majors by the end of 2008{USO UNG}
[08:19] {Threei} 03:17am [LDK] Reaches 1.0 GW wafer production capacity, Guides FY09 Rev $2.8-3.0B v $2.43B
[08:48] {Threei} - Note that overnight, the WSJ reported Pakistan's governing coalition is on the verge of collapse.{GLD}
[08:52] {Onix} Good morning RT
[08:52] {Threei} Good morning
[08:53] {Threei} USO is spiking
[08:53] {Threei} maybe little short UAUA
[08:54] {Threei} - also trims 2008 world growth forecast to 3.9% from 4.1%, and 2009 to 3.7% from 3.9%
[09:02] {GeoArb} gm
[09:02] {Threei} morning Geo
[09:06] {Threei} LEH looks unhealthy
[09:06] {Threei} (again)
[09:07] {Threei} 08/24/08 06:13pm
[09:07] {Threei} [LEH] Lehman Brothers Holdings Inc Summary: The latest on the potential Lehman/Korea Development Bank deal
[09:07] {Threei} - The London Times reports that the Korea Development Bank (KDB) has refused to rule out bidding for Lehman Brothers, but has hinted that any approach would not be imminent. In an interview over the weekend, KDB sought to play down an earlier statement in which it had said that it was open to an approach on the bank. "We are just at an early stage of privatization, and we are weak at investment banking by international standards. In the long term, we should strengthen that weakness," said a representative of KDB.
[09:07] {esemde} morning
[09:08] {Threei} ese :)
[09:08] {esemde} how the mighty fall.....
[09:08] {Threei} with thunder?
[09:10] {Threei} oh wake up.... this is my first attempt at humor, I need little encouragement on Monday morning
[09:10] {Threei} eyelids are too heavy
[09:11] {Onix} they fell ... "splat!"
[09:12] {Threei} like USO
[09:13] {Threei} watching UAUA reaction
[09:13] {Threei} working assumption so far is,
[09:13] {Onix} CNBC talking about second wave of credit crunch
[09:13] {Threei} uncoupling between USO and UAUA started, with negative bias for UAUA
[09:13] {Threei} we saw lat week how it weakened despite USO drop
[09:14] {Threei} so either it starts traading on its own and we have no leading indicator for it anymore,
[09:14] {Threei} or it drops with USO strength while not really goes up with USO weakness
[09:15] {Threei} Third option is, that day was a fluke, and corellation is intact
[09:15] {Threei} will see
[09:16] {dino} gm all
[09:16] {Threei} dino :)
[09:17] {magoo} morn
[09:17] {Threei} magoo :)
[09:17] {Threei} slacker
[09:17] {Threei} people were looking desperately for you on Friday
[09:18] {Threei} wanted to slap someone with a trout
[09:18] {Threei} and you were not here
[09:18] {Threei} (hint: you made laserdave miserable)
[09:18] {fernp} Good morning all
[09:18] {Threei} fern :)
[09:19] {Threei} ISCan users, everyone got e-mail over weekend?
[09:21] {peterg} gm all; yes to email
[09:21] {Threei} peter :)
[09:22] {Threei} as much as premarket chart can be trusted, LEH is short under .64 with stop above .80
[09:22] {Threei} opening tends to be supervolastile for it
[09:24] {cosmo} GILT seems to hold 7.50 far fwiw
[09:25] {magoo} what, laser was getting magoos share of slaps?he he
[09:25] {Threei} oh, he has enough on his own... he just didn't have you to reciprocate
[09:25] {magoo} ahhhhhhhhh
[09:26] {Onix} yes thanks, got iscan email
[09:26] {Threei} :)
[09:27] {Threei} FNM, 4.50 breakdown is tempting short
[09:27] {Threei} maybe good idea to skip first minutes and let market exhaust it's opening volatility
[09:28] {Threei} hard to tell... dying days of August
[09:28] {GeoArb} anyone in LEH?
[09:28] {cosmo} dying?
[09:29] {Threei} if you are in, keep stop above .80 religiously and look for fast spike down to cover, Geo
[09:30] {judijim} good morning all
[09:30] {Threei} jj :)
[09:31] {magoo} vad, u watching LDK?
[09:32] {dino} hway
[09:32] {Threei} yes mags but not to play it itself,
[09:32] {Threei} rather as leading indicator for SOLF
[09:33] {GeoArb} uaua oil seems intact
[09:33] {magoo} well solf looking to bounce
[09:33] {Threei} SOLF sold off sharply
[09:33] {Threei} looks attractive
[09:33] {Threei} tough to time it yet
[09:33] {Threei} .50 breakl
[09:33] {Threei} stop under .30
[09:33] {magoo} .49
[09:34] {GeoArb} wow fast and big spread
[09:34] {Threei} feel free to take profit
[09:35] {magoo} out .74 TY
[09:35] {Threei} morning warm-up
[09:35] {GeoArb} magoo curious? you bid or lifted offeR?
[09:35] {magoo} yeah, my entry was slow
[09:35] {magoo} lol
[09:36] {magoo} i just saw it moving , momo coming in and took .49 offer
[09:37] {magoo} when i wanyt in i want in
[09:37] {magoo} ill talke offer
[09:37] {GeoArb} ok lifted offer... really quick magoo :)
[09:37] {Threei}
Long Setup:
0,3 CPSL .15 trigger if stays above 5
[09:37] {magoo} all day trade vasd?
[09:37] {Threei} yes
[09:37] {magoo} ugg
[09:38] {magoo} solf just then stretched my time allotment
[09:40] {Threei} what's with MITI?
[09:40] {esemde} long NVDA again .44
[09:41] {dino} hway sm l .40
[09:42] {Threei} solars are strong
[09:43] {esemde} very
[09:43] {magoo} but FSLR down
[09:43] {dino} spwr too
[09:43] {esemde} my entire screen is green
[09:44] {Threei}
3,0 Attention: CPSL 1:1, half out, stop for the balance to 5.09; scalpers take profit
[09:45] {magoo} dammit, that WAS NOT all day
[09:45] {Threei} sorry
[09:45] {fernp} out. TY Vad
[09:45] {GeoArb} nice vad
[09:45] {Threei} welcome
[09:45] {GeoArb} erase my LEH fat finger
[09:46] {Onix} out CPSL for 17c thanks Vad
[09:46] {Threei} want to see if .32 bid is real
[09:46] {Threei} hmm... it is
[09:46] {esemde} gj onix
[09:46] {Threei} onix :)
[09:46] {GeoArb} looks real
[09:46] {GeoArb} counting dwon
[09:49] {Threei} SQNM?
[09:49] {Threei} 40 cents spike, no news
[09:51] {GeoArb} tol? DBI?
[09:53] {Threei} .45 short if holding below .60
[09:53] {magoo} which?sqnm
[09:53] {Threei} answerin Geo on TOL
[09:53] {dino} wynn
[09:54] {Threei}
3,0 Attention: CPSL stop to .14 for the balance
[09:56] {esemde} nice move by cpsl
[09:58] {Threei}
3,0 Attention: CPSL 1:2, 1/4 more out
[09:58] {Threei} stop to .19 for the balance
[09:58] {GeoArb} i feel small as a scalper
[09:58] {Threei} nothing's wrong with Monday morning scalp
[09:59] {GeoArb} i made an interesting mistake in LEh.... was modifying my stop and sent it at current price hehehehe
[09:59] {GeoArb} -93
[09:59] {Threei} why do you need hard stop on such a trade?
[10:00] {GeoArb} was a mistake...
[10:00] {dino} cedc sm l .80
[10:00] {Threei} *JULY EXISTING HOME SALES: 5M V 4.91ME
[10:00] {GeoArb} back in black
[10:00] {Threei} wow
[10:00] {Threei} housing crisis is over... life is good again
[10:01] {GeoArb} economist had an article on some numbers looking better
[10:01] {Threei} I mean, you are right here, it's a fast trade likely to resolve in minutes if not seconds
[10:01] {Threei} why mess with software instead of keeping manual stop
[10:01] {GeoArb} i had to ummm.. take a break :)
[10:02] {Threei} - July Median Existing Home Price: -7.1% y/y to $212K from $215K{XHB }
[10:02] {peterg} manual stop = finger?
[10:02] {GeoArb} yup
[10:03] {Threei} RMBS
[10:04] {Threei} market is locked in narrow range
[10:05] {dino} cedc stopped -.34
[10:05] {esemde} CPSL has a good looking Daily also vad
[10:06] {Threei}
Consider Buying:
1,8 USO small shares above .15 if holding 93
[10:06] {esemde} was that a factor in buying
[10:06] {Threei} certainly
[10:06] {Threei} .15 was a break on daily
[10:06] {esemde} nice
[10:06] {Threei} 5.14 high from 08/15
[10:09] {esemde} NVDA has that look on it's 15min chart......
[10:09] {Threei} USO invalidated
[10:09] {Threei} don't see much enthusiasm on UAUA though
[10:09] {Threei} old times it would have spiked on such USO drop
[10:10] {Threei} trying now
[10:11] {Threei} still observing it, not sure it's playable
[10:11] {dino} nnbr
[10:13] {magoo} vad, news AAPL?
[10:17] {Threei} no
[10:18] {esemde} vad dcc please
[10:22] {Threei}
Long Setup:
0,3 SOLF .30 half lot if stays above .15
[10:24] {dino} pcln v sm l .05
[10:29] {dino} out hway .90, +.50
[10:30] {Threei} wtg
[10:30] {dino} ty
[10:30] {Threei} I guess I was too careful on UAUA, eh?
[10:38] {Threei}
Short Setup:
0,4 LEH .29 if stays below .40
[10:38] {GeoArb} wow what a drop
[10:38] {Threei} that was fast
[10:39] {Threei} don't chase it down, try to offer into bounce
[10:39] {Threei} in .18
[10:39] {Threei} .41 stop
[10:39] {Threei} needs to lose .20 for a nice continuation
[10:40] {Threei} sorry, in .28
[10:40] {GeoArb} vad i am confused....
[10:40] {GeoArb} thanks
[10:40] {GeoArb} i was thinking hows that not chasing
[10:40] {GeoArb} :)
[10:40] {Threei} especially considering it never went there, lol
[10:40] {GeoArb} yeah you must have access to the super secret ECN
[10:41] {Onix} in ss LEH .27
[10:48] {Threei} .40 resistance rejected LEH nicely so far
[10:49] {GeoArb} yes comon
[10:52] {Threei} holding too well during this market drop
[10:52] {Threei} would expect it to make new low already
[10:59] {GeoArb} me thinks we overstayed welcome...
[10:59] {Threei} looks like
[10:59] {Threei} stopped
[10:59] {GeoArb} out 41
[10:59] {dino} v sm wide l wynn .60
[10:59] {GeoArb} too many vested intrests in LEH
[11:00] {Onix} stopped out LEH -14c
[11:00] {GeoArb} you had a much better entry Onix
[11:01] {Threei} where did you enter?
[11:01] {Onix} yes, got in on little pullback
[11:01] {Onix} 13.27
[11:01] {GeoArb} i got filled at 22
[11:01] {esemde} electronics...go figure....was cut off again....i think i'm back
[11:01] {Onix} out @ .41
[11:01] {Threei} wow... you use market orders or what?
[11:01] {GeoArb} no a 5 cent sweep
[11:02] {Threei} 5 cents is abit too much for a play with 12 cents stop
[11:02] {GeoArb} i will revisit my order settings
[11:02] {Threei}
3,0 Attention: OUT cpsl in full
[11:02] {GeoArb} sheesh
[11:02] {Onix} wtg!
[11:02] {Threei} ty
[11:03] {Threei} +.44, not too shabby for $5 stock
[11:03] {GeoArb} 10%
[11:03] {GeoArb} thats just greedy
[11:03] {esemde} well done vad....and whomever else....
[11:03] {Threei} Greed is good (G.Gekko)
[11:04] {esemde} the man knew what he was talking about
[11:04] {Threei} :)
[11:05] {Threei} UAUA sizeable pullback
[11:06] {esemde} patience....the Oak Bay police caught that fellow who escaped from the Nanaimo jail at the Dairy Queen.....Thats just out your back door ....
[11:06] {GeoArb} so he went in for ice cream?
[11:07] {esemde} yes apparently
[11:07] {esemde} the criminal mind at work
[11:07] {Onix} what a sucker
[11:07] {patience} i can understand that, DQ is good
[11:07] {Roman}
21 STSI Star Scientific wins reversal of Tobacco patent verdict- Bloomberg (2.36 +0.69)
[11:08] {Roman}
21 goes to $7
[11:09] {esemde} whoaaaa......thats a jump
[11:10] {GeoArb} osip
[11:10] {Threei} - "we reverse the district court's judgment of unenforceability of both asserted patents due to inequitable conduct. We also reverse the district court's grant of summary judgment of invalidity of all asserted claims due to indefiniteness and remand for further proceedings on the infringement complaint consistent with this opinion."
[11:10] {Threei} STSI that was
[11:10] {GeoArb} ndsn
[11:11] {GeoArb} oops
[11:11] {Threei} why 7 Roman?
[11:12] {Roman}
21 just looking at monthly
[11:12] {esemde} thats my question as well....
[11:12] {Roman}
21 that's where it jumped last time on the same news
[11:15] {esemde} interesting jump down in the TICK.....-1700 now allmost 200% there for a second
[11:18] {dino} lyme disease
[11:18] {esemde} too funny......
[11:18] {dino} :)
[11:19] {Threei} lol
[11:19] {Threei} just got it... I am slow today
[11:19] {GeoArb} i am still trying
[11:19] {GeoArb} ok :)
[11:20] {dino} really wasn't that good
[11:20] {Threei} consider the audience dino... we don't need much
[11:20] {esemde} dino's using that razor sharp wit the same way he picks bottoms in capitulations
[11:21] {dino} going to flaa asleep is what i'm going to do
[11:21] {dino} fall
[11:22] {dino} sm l odfl .00
[11:22] {peterg} odfl
[11:22] {esemde} happened to me for the first time last week....dozed off around noon and when i woke up you were all gone...
[11:23] {dino} lol
[11:24] {dino} odfl
[11:24] {Chaeron} be happy we didn't stick your hand in a bowl of warm water... :) good morning all
[11:24] {dino} gm
[11:24] {GeoArb} warm water hmmm
[11:24] {GeoArb} chaeron's being polite
[11:25] {esemde} CCCCCHHHHHHH BABY!!!!!!!!!\
[11:25] {Chaeron} heheheh... heyya ese!
[11:26] {esemde} man my screens are showing zilch today...........does that mean it's over analyze time?
[11:27] {dino} thin week imo
[11:27] {dino} should get ridiculous moves
[11:27] {peterg} finally august before september; who knows about sept?
[11:28] {peterg} the shadow knows
[11:28] {dino} ahhh, indeed he does
[11:28] {esemde} worst month for the market
[11:28] {esemde} historically
[11:28] {dino} last try cedc sm l .20
[11:28] {esemde} sorry...i;m wrong
[11:28] {esemde} october
[11:29] {esemde} FEED......break of .65 per chance
[11:29] {dino} means nothing
[11:30] {esemde} that should be your best month dino
[11:30] {esemde} all that panic
[11:30] {dino} oct and nov last year
[11:30] {esemde} you'd be eating it up
[11:30] {dino} worst last two years is june
[11:31] {esemde} puor quo....
[11:31] {esemde} pour quo...sorry
[11:31] {GeoArb} perke?
[11:32] {esemde} ha ha
[11:38] {dino} cedc stop to .65
[11:39] {dino} to .70
[11:40] {dino} to .80
[11:42] {dino} out slippage .76, +.56
[11:43] {esemde} another nice one dino
[11:44] {dino} ty es, lucky
[11:45] {dino} out wynn .22, +.62
[11:49] {Onix} FNM is moving well today?
[11:50] {Threei} pains me to say... but yes
[11:50] {Threei} I just can't bring myself to buy it today, lol
[11:52] {dino} because tomorrow it may be worthless'
[11:53] {Threei} more inclined to short them and no setup appeared
[11:53] {GeoArb} now?
[11:54] {Threei} ?
[11:54] {GeoArb} :0 es high oil low.....
[11:54] {GeoArb} oops
[11:54] {GeoArb} es low oil high
[11:54] {GeoArb} ok i am taking the day off
[11:54] {Threei} lol
[11:56] {Threei} marketis breaking down
[11:56] {GeoArb} see now? (i knew)
[11:58] {GeoArb} broke the low....
[11:59] {GeoArb} mgm on lows
[12:00] {dino} watching pcar, umbf, cpla fwiw
[12:01] {Threei} LEH won't break down with market
[12:02] {GeoArb} those koreans and their money
[12:02] {GeoArb} sheesh
[12:03] {GeoArb} wow oil
[12:07] {GeoArb} .
[12:10] {Threei} either market is less fun today or I can't wake up
[12:10] {GeoArb} off to work
[12:11] {GeoArb} LEH wasnt playing nice today
[12:11] {GeoArb} thanks vad
[12:11] {GeoArb} bye
[12:11] {Threei} nah, must be market... I never woke up last week either but trading was pure unbridled fun
[12:11] {dino} dji needs about 80 more down imo
[12:11] {Threei} take care Geo
[12:11] {dino} cya goe
[12:11] {dino} geo
[12:16] {dino} here it comes
[12:20] {dino} this market is funny. goes up 300 points in 2 days then gives it right back over and over
[12:24] {Threei} yeah, aimless wandering
[12:24] {Threei} nonetheless, good on intraday basis
[12:24] {Threei} can't find much today
[12:25] {Threei} if market recovers, look for another scalp on CPSL
[12:26] {Threei} .41 trigger if stays above .30
[12:26] {dino} not really aimless, pull up the dji,rough;y 11700 to 11300 for about 50 days
[12:31] {dino} pcar sm l .52
[12:33] {dino} cpla sm l .50
[12:33] {dino} spready
[12:37] {Threei} good thing I kept myself from attempt to re-short LEH as it retested the low
[12:37] {Threei} too bad didn't go long, lol
[12:46] {dino} brb
[12:52] {dino} pcar stuck, tighten stop to .37
06[12:57] * Threei slaps laserdave1 around a bit with a large trout
06[12:57] * Chaeron slaps laserdave1 around a bit with a large trout
[12:58] {Threei} dave, magoo is asleep
[12:58] {Threei} care to wake him up?
[12:58] {Threei}
Consider Buying:
1,8 UAUA .51
[12:59] {Threei} .34 stop
06[12:59] * magoo slaps laserdave1 around a bit with a large trout
[13:00] {Threei} {USO}
[13:01] {magoo} in uaua vad
[13:01] {magoo} .51
[13:07] {Threei} feel free to take scalp as you see fit
[13:07] {Threei} I am out .65
[13:07] {peterg} ditto
[13:07] {Threei} easy money
[13:08] {Threei} sin not to take it
[13:08] {Threei} I am no sinner
[13:08] {peterg} praise be
[13:09] {Threei} day took too much of my patience to stay on a sideline
[13:09] {Threei} gootta take easy readable setup as a gift
[13:16] {esemde} have a great rest of the to work
[13:17] {Threei} take care ese
[13:17] {fernp} bye ese
[13:34] {patience} is3
[13:38] {dino} pcar stop to .69
[13:38] {dino} cpla stop to .95
[13:46] {dino} out cpla ave .95 +.45
[13:47] {dino} out pcar .75, +.25
[13:47] {dino} .23 i mean
[13:50] {dino} knsy
[13:59] {Threei} flatile
[14:00] {Threei} ummm
[14:00] {dino} flatulence?
[14:01] {Threei} translation: flatline
[14:02] {Threei} FEED interesting consolidation
[14:02] {dino} rock
[14:02] {Threei} ideally, if it finishes here and breaks today's high tomorrow morning, I'd be all over it
[14:03] {magoo} news ROCK vad?
[14:03] {Threei} nothing fresh
[14:03] {dino} nope
[14:05] {dino} seems i'm waiting too low
[14:17] {Threei} yawn
[14:29] {Threei} don't see any news for this pil spike
[14:30] {Onix} Vad, your opinion please on trading Nasdaq stocks vs listed stocks?
[14:31] {Threei} not much difference anymore
[14:31] {Threei} used to be big difference
[14:31] {Threei} now that listeds are populated withECNs mostly, same thing
[14:31] {magoo} read on LDK vad?
[14:31] {Onix} ty
[14:32] {Threei} set routing to ISLD, make sure you have route out checked, you will bet practically same wxecutions
[14:32] {Threei} I don't have read on it mags, sorry
[14:32] {Threei} listless chart
[14:32] {Onix} ty
[14:33] {dino} onix, i play them, just notice more slippage of hard stops
[14:34] {peterg} hard as opposed to manual?
[14:34] {peterg} i.e. entered as order for future
[14:34] {dino} y
[14:34] {peterg} tks
[14:34] {Threei} what your stops are routed through dino?
[14:34] {Threei} if you can see that
[14:35] {dino} smartes/schwab cyber
[14:36] {Threei} do you have an option to switch to particular route instead of smart?
[14:36] {dino} not for shorts
[14:37] {Threei} OK... probably that's why, smart routes are a bit less efficient
[14:37] {dino} overall, works fine, just listed i manually hit
[14:38] {Threei} yup... and most likely no noticeable difference on NASDAQ
[14:38] {Threei} between manual and hard I mean
[14:39] {dino} correct
[14:46] {peterg} etymological derivation of "hard" for this usage, pls?
[14:46] {peterg} fingers are soft?
[14:47] {Threei} hardwired vs mental?
[14:47] {dino} when i say hadr stop, i mean it is entered
[14:47] {peterg} I get that, i am asking philosophical question.
[14:47] {peterg} historical type
[14:47] {Threei} dino... he thinks we can read, you see
[14:48] {peterg} how does this linquistic usage arise?
[14:48] {dino} i'm lost
[14:48] {peterg} who started saying hard stop?
[14:48] {peterg} you, dino?
[14:48] {dino} books and traders years ago
[14:48] {Threei} no, that's common definition
[14:49] {peterg} that would qualify as source, but we don't know what the appeal of "hard" was
[14:49] {peterg} ill shutup
[14:50] {Threei} lol
[14:50] {dino} remember peter, i try not to think, rather react
[14:50] {Threei} I pretend that I try not to think... in rality it comes quite naturally tome
[14:50] {peterg} good point
[14:50] {Threei} just like bad typing
[14:51] {peterg} I tried watching mkt this am with music on headphones.
[14:51] {peterg} it seemed good.
[14:51] {peterg} jj cale
[14:51] {Threei} trading require depth of thinking of "tree good, fire bad" kind
[14:51] {Threei} requires
[14:51] {dino} magoo and i het the music at 9:30 am, all day, cnbc on mute, or sports on....
[14:51] {dino} the news w/mess w/your trades imo
[14:52] {dino} hit the music
[14:52] {Threei} I think I know the answer but I'll ask anyway... if CNBC on mute, why on at all?
[14:52] {dino} lol, right now vh1
[14:53] {dino} think about it, all pre-market cnbc talking heads were we are out of the abys
[14:53] {dino} that will screw you up
[14:54] {peterg} news business is fear business
[14:54] {dino} who knows or cares if the "lows" are in, we had a 250 point down move and they had you loading up
[14:54] {Threei} qhwen the next stage of credit crunch, bank write-offs and bankruptsies comes, taking market much lower... how are those optimists going to justify their cheerleading?
[14:54] {dino} so.....put the music on when trading
[14:55] {peterg} I likes it
[14:57] {Threei} I am not in the end of the world camp, we will bottom out and have a very nice rally
[14:57] {Threei} but we are not there yet
[14:57] {peterg} Is Bill Cara still strong on holding bullion?
[14:58] {Threei} I don't really track gold-related topics
[14:58] {dino} dk
[14:58] {Threei} if I remember correct, he was no jazzed about it for now
[14:58] {dino} and yes vad, this too will pass
[14:59] {Threei} yeah... this time
[14:59] {Threei} but honestly,
[14:59] {Threei} policies must change
[14:59] {peterg} what policies
[14:59] {Threei} USA flirts with financial disaster too close for comfort
[14:59] {dino} but in the keep it simple dino not listen to them when trading, get in "your" own zone
[15:00] {Threei} policies regarding credit, derivatives, spending
[15:00] {peterg} if we be goin down, let us be goin down tradin
[15:00] {peterg} ya yua ya live for today
[15:00] {Threei} deepening dept, free-for-all money printing
[15:00] {peterg} of course on serious note your right
[15:00] {peterg} time for serenity prayer
[15:01] {Threei} in Seinfield speak, Serenity NOW!!!
[15:01] {dino} none of it matters, just trade
[15:01] {peterg} here here to all
[15:01] {dino} they will do what they do
[15:02] {peterg} yep
[15:05] {Threei} here is an illustration to what dino says
[15:06] {Threei} had I not had this negative bias on financials, we would probably go long LEH and FNM at some point
[15:07] {Threei} [15:01] {dino} none of it matters, just trade {--- truer words were never spoken
[15:07] {dino} see, those are too crowded for my "way". too much thinking w/them
[15:07] {dino} i prefer the idiot set-ups
[15:08] {dino} watching wynn
[15:24] {Threei} if NQ finally breaks down, BRCM short for a scalp
[15:24] {Threei} bounced a bit on dropping volume, forming bear flag
[15:25] {Threei} closest resistance is.25
[15:28] {Onix} BRCM ss @ 26.09 if NQ drops?
[15:28] {Threei} no, I wouldn't chase it there
[15:28] {Threei} rather looking for a situation where NQ drops while BRCM gives little delay
[15:28] {Threei} so we can short it closer to resistance
[15:28] {Threei} keeps stop tighter
[15:29] {Onix} ok ty
[15:32] {Threei} looks like break's coming
[15:32] {Threei} in
[15:32] {Threei} .26 stop
[15:32] {Onix} in @ .19
[15:40] {Threei} quite boring day
[15:40] {Threei} happens often on Mondays, let's hope market wakes up tomorrow
[15:43] {Threei}
[15:44] {dino} ok i was a bit early on my 80 extra points
[15:44] {dino} 40 to go
[15:49] {Onix} stpped
[15:53] {Threei} there is always tomorrow dino
[15:55] {dino} y
[15:56] {dino} i will be here. ok day just dead afternoon
[15:56] {Threei} yeah
[15:56] {Threei} morning was also not as active as last week
[15:58] {dino} most likely this way all week, reminds me of friday
[15:58] {Threei} could be, last week of August
[15:58] {Threei} long weekend looming
[15:59] {Threei} anyway... we will take what we can find and wait patiently for more
[15:59] {Threei} OK guys, thank you all
[15:59] {Threei} have a good evening, see you tomorrow
[15:59] {dino} out odfl .95 -.05
[16:00] {Onix} ty Vad ... enjoyed the day with you all, bye
[16:00] {dino} l8r onix

Friday, August 22, 2008

Aug 22 2008

Session Time: Fri Aug 22 00:00:00 2008

[08:05] {hawkfan4} good morning
[08:05] {Threei} Good morning
[08:06] {Threei} LEH
[08:06] {Threei} Reminder Overnight an articl in South Korea's Chosun noted that Korea Development Bank had been in talks to buy a stake and management rights in Lehman, but failed to reach an agreement due to concerns about the financial health of Lehman.
[08:06] {hawkfan4} sometimes it pays to get up early. Got LEH at 14.76, just sold 1/3 at 15.70
[08:07] {Threei} wtg
[08:07] {Threei} I slept in
[08:07] {Threei} - Fed Chairman Bernanke does not have a "magic wand" for solving the problems of the US economy.
[08:07] {Threei} - Berkshire has no bets against the USD or any direct currency plays, believes USD strength will not last if current account deficits continue, yet does not see the USD falling in the short term
[08:07] {Threei} - Repeats that there is a "reasonable chance" shares in the GSEs will be wiped out
[08:07] {hawkfan4} thx, pure luck, i just saw it moving and grabbed it
[08:07] {Threei} cobra instinct
[08:13] {hawkfan4} yeah, i figured something must be up the way it was moving. out .66, was too busy bragging when i should've been selling
[08:14] {Threei} I still can't believe the summer trading e had
[08:15] {Threei} we
[08:15] {hawkfan4} no kidding. I can't believe this is August.
[08:16] {Threei} with so much turbulence in various areas, market once again proved that the only constant thing about it is a constant change
[08:28] {hawkfan4} watching UAUA for a short if oil pops back over 120
[08:32] {pita} gm all
[08:33] {Threei} pita :)
[08:38] {pita} thoughts INTC Vad? wireless transmission of electricity, interesting
[08:38] {Threei} this news is floating out there for a few days already
[08:39] {Threei} NYT just got to it
[08:39] {Threei} also,
[08:39] {Threei} 08/21/08 07:07pm
[08:39] {Threei} [MU] Micron Technology Inc Production at MU/INTC Singapore chip plant will be delayed - unconfirmed report
[08:39] {Threei} - The two companies will delay output of NAND chips due to weak pricing trends.
[08:39] {Threei} - On 5/4, Intel said that it expected the Singapore plant to delay output by 6 months and the jv had expected that output would begin by mid 2009.
[08:40] {Threei} I think this INTC gap is simply market gap
[08:54] {cosmo} BCSI
[08:55] {cosmo} # Blue Coat swings to fiscal 1Q loss, meets viewsAP(Thu 5:46pm)
[08:56] {Onix} Good morning
[08:56] {Threei} cosmo, onix :)
[08:56] {cosmo} 3i:)
[08:59] {brian3579} gm
[09:00] {Threei} brian :)
[09:00] {Threei} we have Bernarke speaking today on financial woes
[09:01] {Threei} 10 am
[09:03] {dptl} good morning all
[09:03] {Threei} dp :)
[09:04] {patience} good morning RT :)
[09:05] {Threei} patience :)
[09:17] {dino} gm all
[09:18] {Threei} dino :)
[09:18] {tomg} gm all
[09:18] {Threei} tom :)
[09:20] {peterg} morning
[09:20] {Threei} peter :)
[09:22] {fernp} Goog morning all
[09:23] {Threei} fern :)
[09:26] {cosmo} BSCI pre mkt high = 18 fwiw
[09:28] {Onix} cosmo, fwiw?
[09:28] {cosmo} for what its worth
[09:28] {Onix} ty ... BSCI?
[09:28] {Threei} BCSI
[09:28] {cosmo} 18.10 now
[09:30] {dino} met estimates
[09:31] {cosmo} its called an 'open break'
[09:32] {cosmo} fwiw
[09:32] {judijim} good morning all
[09:33] {Threei} jj :)
[09:34] {esemde} morning...
[09:34] {Threei} ese :)
[09:35] {Threei}
Long Setup:
0,3 UAUA .21 if stays above .10
[09:35] {Threei} verify with USO
[09:36] {Threei} over 1:1
[09:37] {dino} snps sm l .30
[09:38] {Threei} same setup once again
[09:42] {Threei} USO breakdown
[09:42] {Threei} UAUA getting refuelled
[09:43] {Threei} stop to .14
[09:45] {Onix} in UAUA a little early @ 12.28 sm shares
[09:45] {dino} cphd
[09:46] {dino} sm l .65, stop .33
[09:46] {Threei} UAUA wsorked again for a scalp and seems not done, half out
[09:46] {Threei} .28 is a somewhat "not here not there" entry
[09:46] {Threei} stop to .10 for the balance
[09:46] {Threei} .19, sorry
[09:47] {dino} pery blood
[09:47] {Threei} out in full UAUA
[09:48] {hawkfan4} nice one, thx
[09:48] {Threei} welcome
[09:48] {Threei} where is magoo... he would be all over this trade
[09:48] {tomg} ty vad
[09:48] {Threei} tom :)
[09:49] {Onix} ty Vad , got 19c
[09:49] {dino} he took the day off
[09:49] {Threei} onix :)
[09:50] {Threei} slacker...
[09:50] {dino} indeed. as i never miss a day
[09:50] {peterg} btw, i wont be here tomorrow
[09:50] {dino} lol
[09:51] {dino} yeah, me too, lawn mowing duty
[09:51] {Threei} that's it
[09:51] {Threei} I won't be here tomorrow AND the day after
[09:51] {Threei} here, take this
[09:51] {dino} cphd stop to .03
[09:51] {dino} pery feels like 15 coming
[09:52] {dino} snps not moving, tighten to .08
[09:54] {dino} cybx drop
[09:58] {dino} out cphd .00, +.35
[10:00] {esemde} too funny boys ...too funny....
[10:01] {Threei}
Long Setup:
0,3 UAUA .61 if stays above .50
[10:05] {dino} isys sm l .23, risky
[10:15] {dino} isys stop to .63
[10:16] {dino} ton .80
[10:16] {dino} to
[10:17] {Threei} - Notes that inflation is attributed to the recent increase in commodity prices, recent commodity and USD trends are likely to have a dampending effect on inflation
[10:17] {Threei} - Sees inflation outlook as uncertain but inflation will fall towards the end of the year and into 2009
[10:17] {Threei} - Comments that the Fed funds rate currently is low despite inflation
[10:17] {Threei} - Remarks the the economy is softening and the unemployment rate is rising
[10:17] {Threei} - Feels as thought the Treasury is best suited to handle non-bank failures, and countervailing actions are needed to address the moral hazard issue
[10:18] {cosmo} moral hazard?
[10:18] {Threei} governemtn bailout are usually referred as such
[10:18] {dino} yeah, you know, booze, strip clubs, tobacco
[10:18] {cosmo} hmmm
[10:18] {dino} lol
[10:19] {dino} the guys' a genius, sheesh
[10:19] {dino} isys to .93
[10:19] {Threei} since they create an environment where private enterprises feel they have a garantee of risk being eliminated at taxpayer expense
[10:19] {Threei} I'll keep the profit and we will share the losses
[10:19] {dino} exactly, should've let them fail already, get it over with
[10:20] {dino} just like no shorts for financials, give me a break, to let insiders out, then crush public
[10:20] {cosmo} cans of worms they are
[10:20] {dino} out isys slip, ave. +.65
[10:21] {dino} fwiw, my hard stops are slipping today...thinner market?
[10:21] {dino} ok ,my rants are done
[10:23] {Threei}
Long Setup:
0,3 LEH .71 if stays above .60
[10:26] {esemde} long CTXS....1/2 lot .02....thin
[10:27] {Threei}
3,0 Attention: LEH 1:1
[10:27] {Threei} half out
[10:27] {dptl} +.10 leh ty
[10:27] {Threei} welcome
[10:28] {fernp} out +.11 TY
[10:28] {Threei} :)
[10:28] {esemde} stop .88
[10:29] {Threei}
Long Setup:
0,3 UAUA .61 if stays above .50 and USO helps
[10:30] {Threei} in
[10:35] {Threei} stopped
[10:35] {fernp} stopped
[10:35] {peterg} yup
[10:36] {pita} sadly yup
[10:39] {Onix} got 7c at last in LEH
[10:40] {Threei} oil fast drop
[10:41] {dino} .
[10:41] {dino} sm l cybx .61
[10:43] {dino} stop is .23 fwiw
[10:52] {dino} ndsn
[10:53] {dino} snps stop to b/e
[10:54] {Threei} poor souls
[10:54] {Threei} how do they tie the laces on their shoes
[10:54] {Threei} sorry, wrong window
[10:58] {peterg} velcro
[10:59] {esemde} nice dino.....cybx
[10:59] {dino} cybx stop to b/e
[11:02] {dino} snps stopped +.05
[11:04] {Onix} UAUA & USO now in kahoots?
[11:04] {Threei} relation certainly is not what it used to be
[11:04] {Threei} that's why I backed off
[11:04] {Onix} moving together and not opposite?
[11:05] {esemde} out ctxs .92 -.10....definately not doing what i want
[11:07] {esemde} how long will you let cybx run dino?
[11:11] {dino} just stopped at .89, +.28, wanted it to get thru .00, but no go
[11:12] {dino} will watch it
[11:12] {dino} stingy w/this market
[11:12] {dino} but it's working very well
[11:12] {dino} damn there she goes
[11:13] {esemde} are you going to buy a break of 23
[11:13] {esemde} just noticed it
[11:13] {dino} bcsi
[11:13] {dino} no
[11:13] {dino} s bcsi .50 sm, stop .83
[11:14] {dino} i will re-load cybx around 22.40, if she goes there
[11:15] {dino} watching ndsn, cedc for fast drops and bounce
[11:15] {Threei}
Short Setup:
0,4 FNM .39
[11:16] {Threei} if stays below .50
[11:16] {Threei} two stop levels, .51 and .61
[11:16] {Threei} both are valid
[11:21] {Onix} ss FNM valid again under .50?
[11:22] {Threei} hard to tell... needs a bit of new consolidation
[11:22] {dino} besn
[11:34] {dino} bcsi bstop to .43
[11:36] {dino} to .30
[11:36] {dino} cov +.20
[11:37] {Threei} nice one
[11:37] {dino} ty
[11:59] {Threei} what's urkel?
[12:02] {dino} cedc sm l .00, stop lod
[12:02] {dino} no make stop .72
[12:05] {hawkfan4} Urkel was the star of Family Matters
[12:05] {peterg} urkel--the sound my car made when it died
[12:05] {peterg} a dish from northern kyrgystan
[12:06] {dino} lol
[12:06] {dino} you can tell it's friday
[12:06] {peterg} im going out to lunch,, a big on at FOgo De Chao--all you can eat meat, good for five poiunds easy
[12:07] {dino} very nice
[12:07] {peterg} plus a long island ice tea
[12:07] {peterg} done for the day
[12:07] {dino} and fits the akins diet
[12:07] {peterg} meat meat and more meat
[12:07] {dino} have fun peter
[12:07] {hawkfan4} lol, enjoy
[12:07] {dino} hillshire farms......"go meat"
[12:07] {peterg} gracias, u 2
[12:08] {peterg} have fun guys, make $$
[12:10] {dino} siren song ndsn
[12:11] {Threei} - says Russian 'peacekeepers' remain posted in buffer zone outside of South Ossetia
[12:25] {dino} idsa drop
[12:25] {dino} thin
[12:34] {hawkfan4} kinda like USO over 95.40, stop 95.20, but market's pretty whippy
[12:34] {dino} v sm, v risky l ndsn .50
[12:41] {dino} stop is .17 fwiw
[12:59] {dino} i'm thinking, the only way to stop a stock that drops 17 points is to have magoo go long w/you. i wonder if he is trading from somewhere else
[12:59] {Threei} lol
[13:02] {dino} idsa getting gappy
[13:09] {dino} cedc stop to .29
[13:13] {dino} out cedc +.27 slip
[13:16] {dino} v sm idsa l .30
[13:17] {dino} brb
[13:41] {Threei} as in?
[13:41] {Threei} banning magoo from borrowing another 12B and stashing them in Swiss bank account?
[13:41] {Threei} I suppose that's why he he is off today... taking care of the matter
[13:48] {dino} yes
[13:48] {dino} most likely you'll see the uptick rule back, imo
[13:50] {Threei} that'll be stupid of them but whatever
[13:51] {Threei} they canned it when, about couple years ago?
[13:51] {Threei} never saw it impacting market direction
[13:51] {dino} last summer i think
[13:51] {Threei} a year then
[13:52] {Threei} and we had some stunning rallies, even thoughshorting became easier
[13:52] {Threei} it's unlimited naked shorting they should be concerned about IMO
[13:52] {Threei} as long as borrowing rules are observed, no reason for concern
[13:53] {Threei} oil another drop
[13:55] {dino} i don't know 3i, perhaps you should let the naked people short, what do cloths have to do w/stocks
[13:55] {dino} those nudist retreats will be hit hard
[13:55] {Threei} you actually make a very good sense
[13:56] {Threei} (as long as they, naked shorters, don't have webcams and I am not forced to watch
[13:57] {Chaeron} isn't it everyone that would see YOU should be scared?
[13:57] {dino} lol
[13:57] {Threei} that too
[13:57] {Threei} - Effective Aug 25
[13:58] {Threei} {FRE FNM}
[14:00] {dino} you forgot the word "new" on the fre fnm statement. the current will be wiped out
[14:00] {Threei} I am just copy/pasting :)
[14:00] {dino} i am just funnin'
[14:01] {Threei} I know :)
[14:02] {dino} ndsn stopped -.33
[14:07] {fernp} see you all on Monday. Have a nice weekend.
[14:08] {dino} bcsi sm s .81, stop .13
[14:09] {dino} idsa stop to .44
[14:21] {Threei} what a difference a day makes
[14:21] {Threei} just what has changed with oil today vs yesterday? :)
[14:21] {Threei} I'll challenge anyone who believes every move has fundamental reasons under it to explain this to me
[14:23] {dino} i agree, the efficient market is b.s.
[14:27] {dino} ofix
[14:29] {Threei} OK{ what's killing oil??
[14:29] {Threei} not that I mind
[14:29] {dino} idsa to .50
[14:29] {Threei} but I am curious
[14:31] {patience} my theory is another financial institution is unwinding positions
[14:31] {dino} i suppose it has something to do w/fish markets
[14:31] {dino} patience you are probably correct, someone leaning the wrong way
[14:32] {dino} idsa to .60
[14:38] {dino} to .75
[14:43] {dino} to .85
[14:46] {dino} bcsi bstop to .60
[14:46] {dino} cov +.20 bcsi
[14:47] {dino} spiked into me
[14:48] {dino} oh mannnnn right thru me, idsa stopped .70 +.40
[14:49] {dino} i had 3 major slips today
[14:49] {patience} it's friday dino, time for the beer fridge
[14:50] {dino} i would, but hate tob drink alone.
[14:54] {Chaeron} your typing shows otherwise dino :)
[14:58] {hawkfan4} in FNM w/stop .74, super risky
[14:59] {esemde} Vad ...have a very important question for you know of anyone out your way who sell dilling cucumbers?
[14:59] {dino} chaer hits me below the belt, ouch
[15:00] {dino} idsa sm l .00
[15:04] {Threei} hmmm
[15:05] {Threei} never looked really
[15:05] {esemde} tks....coming out your way to look for some...
[15:06] {dino} ofix sm s .30
[15:27] {dino} kind of tough getting put of idsa
[15:28] {Threei} very much feels like oil is readcy to break down once again
[15:37] {esemde} have a great weekend all
[15:37] {dino} cya es
[15:38] {Threei} take care ese :)
[15:39] {peterg} just got back from long meat drunk lunch in time to say gdbye again
[15:40] {Threei} lol
[15:41] {peterg} cuall monday
[15:41] {Threei} have a good weekend peter
[15:41] {peterg} thks u2 vad
[15:42] {peterg} driving daughter to madison WI for 2nd yr colege sob
[15:42] {dino} have fun peter
[15:42] {peterg} thks dino
[15:42] {peterg} id like to make some money next week, K?
[15:43] {peterg} and hve fun
[15:43] {dino} sure, no problem mon
[15:43] {peterg} big spliffs in jamacica
[15:43] {Threei} what was wrong with this week??
[15:43] {peterg} for me, to slow to act, to soon out
[15:43] {Threei} ugh
[15:43] {peterg} prbly normal learning curve for slow learner
[15:43] {Threei} sorry
[15:43] {Threei} every day was profitable
[15:44] {Threei} well, more to come
[15:44] {Threei} stay tunned
[15:44] {peterg} oh yeah
[15:44] {peterg} !!
[15:44] {dino} 2 up days out of two for me
[15:44] {Threei} yeah, dino came back swinging
[15:44] {peterg} is he a, like, swinger?
[15:44] {Threei} 5 put of 5 for me
[15:45] {peterg} xlnt
[15:45] {dino} no
[15:45] {peterg} kdg
[15:45] {Threei} is it that dragon thingy?
[15:45] {dino} at the risk of jinxing myself, my last down dayu was july 17
[15:45] {Threei} skipping vowels?
[15:45] {peterg} again+agn
[15:45] {dino} but i have had two vacations in between
[15:45] {peterg} fasttalk
[15:46] {Onix} he is doing puts & calls now?
[15:46] {peterg} no not dragon, typing
[15:46] {Threei} there you go... dino found the Holy Grail of trading
[15:46] {Threei} put your losing dayus on vacation time
[15:46] {Threei} effectively erasing them
[15:46] {dino} seems to work, lol
[15:46] {Threei} and leave your winning days for actual trading time
[15:46] {peterg} listened to day tune-up with beautiful voice woman--does she make house calls?
[15:47] {peterg} She admires me nd wants me to succeed!
[15:47] {dino} ahhh
[15:47] {peterg} that's the one, with the breathing
[15:47] {dino} lol
[15:48] {peterg} k , off to pack c u monday
[15:48] {Threei} take care peter
[15:57] {dptl} loosing days this week...nothing spectacular..but....have a good weekend all:)
[15:57] {Threei} wooohooo
[15:57] {Threei} Ok guys
[15:57] {Threei} thank you all
[15:58] {Threei} have a great weekend, see you on Monda
[15:58] {Onix} thanks Vad & all trust you will have a great weekend, bye

Thursday, August 21, 2008

Aug 21 2008

Session Time: Thu Aug 21 00:00:00 2008

[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 432K V 440KE;
[08:30] {Threei} CONTINUING CLAIMS: 3.36MM V 3.405ME
[08:30] {Threei} - Initial Jobless Claims revised from 450K to 445K
[08:30] {Threei} - Continuing Claims revised from 3.417M to 3.38M
[08:39] {Threei} - Foreign Min Lavrov says that Russia will continue to relationship with NATO, however its up to NATO to maintain relationship
[08:43] {hawkfan4} good morning
[08:43] {Threei} hawk :)
[08:48] {hawkfan4} took UAUA short at the close at 12.33, then chickened out and covered in the after hours at 12.40 :(
[08:49] {brian3579} gm
[08:49] {Threei} tough to hold overnight in this volatility and extremes sensitivity to news and jawboning
[08:49] {Threei} brian :)
[08:50] {Threei} same here with FNM... strongly feel that short should work on it till the bitter end... but overnight is scary
[08:51] {hawkfan4} yep. I figured that the daytrading has been great, so why risk it
[08:51] {Threei} exactly
[08:51] {Threei} one unlucky hold can wipe out month's gains
[08:51] {patience} good morning guys :)
[08:51] {Threei} patience :)
[08:53] {Onix} gm all
[08:53] {Threei} Onix :)
[08:54] {tomg} gm all
[08:54] {Threei} tom :)
[08:55] {Onix} Vad, which news source do you use?
[08:55] {Threei} Trade The News
[08:56] {Onix} tnx
[09:02] {hawkfan4} geesh, oil gone wild
[09:02] {Threei} yeah... disgusting smelly substance
[09:08] {Threei} took a little UAUA for scalp, stop under .20
[09:09] {hawkfan4} hmm, so if i cover my short from .40, that would help you out :)
[09:10] {dino} gm all
[09:10] {fernp} Good morning all
[09:10] {Threei} dino!
[09:10] {dino} lol
[09:10] {Threei} welcome back
[09:10] {Threei} fern :)
[09:11] {Threei} new high USO
[09:12] {Threei} out flat UAUA
[09:12] {Threei} you are free to profit without hurting me, hawk :)
[09:12] {hawkfan4} whew :)
[09:15] {magoo} morning
[09:15] {Threei} magoo :)
[09:15] {Threei} dino, how was the vacation?
[09:16] {magoo} trouble with our internetthis morno
[09:17] {esemde} GM.....
[09:17] {Threei} ese :)
[09:17] {esemde} hey Vad
[09:17] {dino} you guys do ok while i was away?
[09:18] {esemde} Watched a classic movie last night.....The great Escape
[09:18] {esemde} dino!!!!
[09:18] {dino} es!
[09:18] {esemde} i've been doing Ok
[09:19] {esemde} my usual 1 or 2 trades per day
[09:19] {esemde} missed your bradvado dino....
[09:19] {esemde} bravado
[09:19] {hawkfan4} this week has been great so far, last week was good
[09:25] {dptl} good morning all
[09:26] {Threei} dp :)
[09:26] {hawkfan4} 2/3 out UAUA + .34
[09:27] {dino} grrrr dsl issues
[09:27] {Threei} nice one hawk
[09:27] {magoo} we are having rough internet day
[09:28] {magoo} bumped out ahain
[09:28] {Threei} I should have switched to short too
[09:28] {hawkfan4} thx :) . Thinking headed 10-10.50
[09:28] {Threei} if oil continues, why not
[09:29] {GeoArb} gm
[09:29] {Threei} Geo :)
[09:31] {hawkfan4} out rest +.80
[09:31] {Threei} wtg
[09:31] {Threei} bounce time it seems
[09:34] {dino} gj hawk
[09:34] {hawkfan4} thx dino :)
[09:35] {esemde} gj hawk..
[09:35] {esemde} solf going nuts these days
[09:37] {Roman}
21 long JASO
[09:37] {Threei} if you went long UAUA around .50, take scalp here
[09:38] {Roman}
21 18.11, 1/2
[09:38] {judijim} good morning all
[09:38] {Threei} jj :)
[09:38] {dino} chk sm l .28
[09:39] {magoo} u gotta make a better call than that vad:)
[09:39] {Threei} that wasn't a call
[09:39] {GeoArb} yeah calls come with colored lights now :)
[09:39] {GeoArb} (hint for vad)
[09:39] {magoo} thanx to who lol
[09:41] {magoo} SOLF sheesh
[09:42] {peterg} mrng
[09:42] {peterg} probly gd
[09:42] {Threei} peter :)
[09:43] {Threei}
Short Setup:
0,4 FNM 4.09 if stays under 4.20
[09:44] {esemde} thinkin the same thing mags...
[09:45] {esemde} worth watching for a few weeks and getting in on a dip
[09:45] {magoo} wish it was avail short
[09:46] {GeoArb} yup not available
[09:47] {dino} snps
[09:47] {Threei} PTEN
[09:47] {GeoArb} hey dino
[09:47] {Threei}
Long Setup:
0,3 PTEN .50 half lot
[09:47] {Threei} if stays above .35
[09:49] {dino} gm geo
[09:49] {magoo} in .49
[09:49] {esemde} .48
[09:49] {esemde} 1/2 lot
[09:49] {magoo} really choppy naz
[09:50] {Onix} In @ .50
[09:50] {dino} snps sm l .80, stop .43
[09:51] {Onix} stop for PTEN?
[09:51] {Threei} [09:47] {Threei} if stays above .35
[09:51] {Threei} stopped
[09:52] {GeoArb} y
[09:53] {esemde} stopped....
[09:54] {tomg} plce on pb?
[09:54] {magoo} stopped
[09:55] {Threei} can't tell tom
[09:55] {Threei} too volatile
[09:56] {Threei} jumpy spread
[09:56] {tomg} ty
[09:56] {Roman}
21 long crox
[09:56] {Roman}
21 full 4.35
[09:57] {Roman}
21 long PTEN .05
[09:59] {GeoArb} wow stp
[10:00] {Threei} JULY LEADING INDICATORS: -0.7% V -0.2%E
[10:00] {Threei} AUG PHILADELPHIA FED INDEX: -12.7 V -12.6E
[10:00] {Threei} - Prices Paid: 57.5 v 75.6 prior (highest since March 1980)
[10:01] {dino} chk stopped -.30\
[10:02] {Threei} - New Orders: -11.9 v -12.1 prior
[10:02] {Threei} - Employment: -1.1 v -7.3 prior
[10:02] {Threei} - Inventories: -6.6 v -7.5 prior
[10:02] {Threei} - Six-month business conditions outlook: 27.6 v 18.0 prior
[10:03] {dino} crm
[10:03] {dino} snps stop to .35
[10:04] {dino} to .44
[10:05] {dino} to .64
[10:06] {dino} tecd
[10:06] {dino} out snps .64, +.84
[10:09] {dino} sm risky, l cme .00
[10:09] {dino} noooo, crm
[10:09] {dino} i mean
[10:11] {dino} isys drop
[10:11] {Threei}
Long Setup:
0,3 LEH .31 if stays above .20
[10:12] {dino} crm stopped -.36
[10:13] {GeoArb} in stp on pullback
[10:14] {GeoArb} drq
[10:14] {GeoArb} oops sorry
[10:15] {dino} isys sm l .95, clunky, carefu;
[10:15] {GeoArb} hmm out too early on stp
[10:17] {dino} crm last try l off of .00 if it gets there
[10:18] {magoo} in leh
[10:22] {Threei}
Short Setup:
0,4 UAUA .78 if stays under .85
[10:22] {GeoArb} wow i cant short uaua
[10:23] {magoo} sh uayua
[10:24] {Threei} over 1:1
[10:24] {magoo} out leh flat..was wait .53, midssed exit
[10:25] {GeoArb} anyone took stp?
[10:29] {GeoArb} you really dont like flying do you ?
[10:30] {Threei} {UAUA} you don't like me... :(
[10:30] {Onix} is UAUA still avalid short, I am not in yet?
[10:30] {magoo} hate flying
[10:30] {GeoArb} to me the chart looks up
[10:30] {magoo} hate airports
[10:30] {GeoArb} has become JBE no? vad?
[10:30] {Threei} .85 is invalidating level, Onix
[10:31] {Threei} geo,it's not a play on its own merits
[10:31] {magoo} its rolling over
[10:31] {GeoArb} oil rising
[10:31] {Threei} it's an oil inverse follower
[10:31] {Onix} ty
[10:31] {GeoArb} yup
[10:31] {Threei} oil's up, market's down, airline's down is the concept
[10:31] {Threei} 1:2
[10:31] {GeoArb} wondering if this is worth calling the broker for short permissioning..... i guess it was
[10:32] {Onix} understand now
[10:34] {GeoArb} so i called the broker and they permissioned me for 100k shares who do they think i am?
[10:35] {Threei} lol
[10:35] {GeoArb} ill be jittery on 500 shares
[10:41] {dino} out crm .40, +.40
[10:41] {Threei} 1:3
[10:42] {Threei} out in full
[10:43] {Threei} Geo, cover your 100K, will ya?
[10:43] {GeoArb} yeah
[10:44] {GeoArb} i didnt get in thinking i was late
[10:44] {Threei} just let me know before hitting buy, I'll go long for a scalp {G}
[10:44] {GeoArb} repenting on sidelines
[10:44] {Threei} it bounced right into entry point
[10:44] {Threei} gave second chance
[10:44] {GeoArb} :(
[10:48] {Threei} too soon on UAUA eh
[10:48] {Threei} anyone took?
[10:48] {hawkfan4} still in :)
[10:48] {magoo} i still short
[10:48] {GeoArb} way to go guys
[10:48] {Threei} sheesh you guys are petient
[10:49] {Threei} patient too
[10:49] {GeoArb} i live vicariously through you
[10:49] {Onix} ty Vad got 31c
[10:49] {Threei} good job Onix
[10:49] {magoo} ok cover here .33 TY vad
[10:49] {GeoArb} my only good trade today stp......
[10:49] {GeoArb} paid well though
[10:50] {magoo} uh, .77 minus ,33 equals um uh ??
[10:50] {magoo} carry the 3
[10:50] {GeoArb} 44?
[10:50] {Threei} lol
[10:51] {GeoArb} maaan oil
[10:51] {Threei} you make my life too complicated mags
[10:51] {hawkfan4} oil insane
[10:51] {hawkfan4} +6.30
[10:51] {GeoArb} phew
[10:51] {GeoArb} for a second there i though that was hawk's UAUA exit
[10:52] {Threei} I guess I need to take a break and go fill my tank before gas went to $5 a litre
[10:52] {hawkfan4} lol, no, but i did just partial at .31
[10:52] {GeoArb} uaua hovering at yes low
[10:53] {Threei} - Note White House yesterday called for the Russians to pick up the pace in their departure from Georgia
[10:53] {Threei} minimal pace of withdrawal
[10:53] {GeoArb} i dont think there is going to be one
[10:53] {Threei} may I offer a wording:
[10:54] {Threei} negative pace of withdrawal, means actually adding troops
[10:54] {Threei} boy, I would be good spin doctor at PR
[10:55] {GeoArb} they are just "pacifying" he region
[10:55] {dino} you would think oil would rocket up on this
[10:58] {GeoArb} hmmm what happenned?
[10:58] {Threei} with what?
[10:58] {GeoArb} sudden es spike
[10:59] {dino} sm l cmed .60
[11:00] {magoo} es got a spike haircut??
[11:00] {GeoArb} :)
[11:00] {dino} nice es
[11:04] {magoo} l aapl sm .49
[11:05] {Onix} advice on SMTC please?
[11:07] {dino} dk
[11:08] {magoo} out aapl
[11:08] {magoo} no work
[11:08] {hawkfan4} USO looking higher
[11:11] {Threei} .50 will probably worth a try Onix
[11:11] {Threei} if stays above .40
[11:11] {Onix} ty
[11:13] {dino} cmed stopped -.30
[11:13] {Onix} in SMTC @ 15.52
[11:17] {Threei} feeling at the moment is,
[11:17] {Threei} USO is going to break down through 98 and drop
[11:17] {Threei} if materializes, UAUA should post nice long off .50 break or so
[11:17] {magoo} oih short
[11:18] {magoo} l aapl .35 small risky
[11:19] {Threei} 98 broken
[11:19] {Threei} drop now, you slimy substance
[11:20] {magoo} in .46 100k shares
[11:20] {Threei} lol
[11:21] {magoo} out .48
[11:21] {magoo} how much i make??
[11:21] {Chaeron} 2000
06[11:21] * Chaeron slaps magoo around a bit with a large trout
[11:21] {magoo} :)
[11:21] {GeoArb} shouldnt the broker permission shorts based on account size?
[11:21] {GeoArb} wierd
[11:21] {magoo} laserdave limits my share size in bear now because of plays like that lol
[11:22] {GeoArb} lol
[11:22] {Threei} here we go
[11:22] {magoo} i am in .46
[11:23] {peterg} long uaua?
[11:23] {magoo} yres
[11:23] {Onix} in UAUA @ 11.50
[11:23] {dino} sm l pcln .13
[11:25] {dino} crm sm l .52
[11:25] {magoo} mkt should pop up on this oil
[11:25] {Threei} partial magoo
[11:26] {magoo} nmope
[11:26] {GeoArb} he said no and he is moping
[11:27] {Threei} partial magoo
[11:28] {magoo} no
[11:28] {Threei} don't make me beg
[11:28] {dino} sort of like a mog, half man half dog
[11:28] {GeoArb} how about us commoners?
[11:28] {Threei} rofl
[11:28] {GeoArb} all out.....
[11:28] {dino} spaceballs
[11:28] {GeoArb} 19 cents
[11:28] {GeoArb} thanks vad
[11:28] {Threei} welcome sir
[11:28] {GeoArb} erased mu previous uaua hurt
[11:29] {Threei} hurt as in not taking short?
[11:29] {GeoArb} heheh yeah
[11:29] {GeoArb} not making money is money lost no?
[11:29] {Threei} in a way...
[11:29] {magoo} out .74 TY vad
[11:30] {Threei} whew
[11:30] {Threei} welcome
[11:30] {Threei} Onix?
[11:30] {magoo} out AAPL .87
[11:30] {magoo} up good
[11:30] {Onix} got .24c in UAUA thanks Vad
[11:30] {GeoArb} 36 cents
[11:30] {GeoArb} nice magoo
[11:30] {magoo} [11:18] {magoo} l aapl .35 small risky
[11:30] {Threei} okay... peter?
[11:30] {GeoArb} i meant UAUA
[11:31] {hawkfan4} beauty call vad
[11:31] {Threei} ty
[11:31] {Threei} mostly, thank you for incerting word "call"
[11:31] {GeoArb} he has the baked alaska
[11:31] {GeoArb} wat call?
[11:32] {GeoArb} i didnt see the freen light
[11:32] {GeoArb} g
[11:32] {hawkfan4} yes, if i said "bod", you should be worried
[11:32] {GeoArb} ewww
[11:32] {Chaeron} thanks Vad... got .18 on UAUA
[11:32] {Threei} Chaeron :)
[11:33] {Threei} this must be one of the most obedient stocks in a long long while
[11:33] {GeoArb} jinxed
[11:34] {Threei} - Note these figures are for OPEC without the inclusion of Angola and Ecuador{USO}
[11:36] {Threei} watching LEH for long
[11:36] {Threei} oil another drop, market move up and LEH being close to 13 support is idea of trade
[11:38] {magoo} u are confusing me...just call it with color freen
[11:38] {Threei} can't
[11:38] {GeoArb} oooooh
[11:38] {Threei} not a technical play, no exact levels
[11:39] {magoo} what u talkin bout willis??
[11:39] {Threei} lol
[11:40] {Threei} consider it a conceptual play:
[11:40] {Threei} if this and this event happen, then this reaction should follow,
[11:40] {Threei} if you get a delay between triggering event and reaction, use it for entry
[11:40] {GeoArb} one and two happenned
[11:40] {peterg} what is mark
[11:41] {peterg} et move up indicator
[11:41] {peterg} ?
[11:41] {Threei} hmm?
[11:41] {peterg} what is market up indicator
[11:41] {dino} pcln stopped -.23
[11:41] {peterg} Dow? rUSSEL?
[11:41] {GeoArb} oops missed third
[11:42] {Threei} I prefer NASDAQ... Dow will do too
[11:42] {GeoArb} why not es?
[11:42] {peterg} tks
[11:42] {Threei} ES is Dow in a form of futures, no?
[11:42] {GeoArb} sp vad
[11:42] {Threei} ugh
[11:42] {Threei} lol
[11:42] {GeoArb} comeone vad dont pull leg
[11:42] {GeoArb} ym=dow
[11:42] {magoo} here comes AAPL
[11:43] {Threei} YM is minis
[11:43] {GeoArb} of course
[11:43] {Threei} in short, asny of those will do
[11:43] {Threei} I have better feel for NQ
[11:43] {GeoArb} aayone take the conceptual leh play?
[11:43] {GeoArb} it was very well reasoned.....
[11:44] {magoo} im still looking that word up in pictionary
[11:44] {Threei} I guess common admiration by reasoning distracted everyone from actual antry {GGG}
[11:44] {GeoArb} lol
[11:44] {Threei} and mags
[11:44] {Threei} pictionary?
[11:45] {Threei} no wonder you can't find the word
[11:45] {magoo} yeah, i bought dictionary for dummys..has pictures alongside words
[11:45] {Threei} OK, attempt to envision a picture illustrating word "cenceptual" makes me dizzy
[11:46] {dptl} grabbed +.10 leh ty
[11:46] {Threei} scalpers can take LEH profit here
[11:46] {magoo} hence my problem
[11:46] {Threei} dp :)
[11:46] {GeoArb} dptl doee
[11:46] {GeoArb} geoarb {= talker
[11:46] {GeoArb} doer
[11:47] {dino} fwrd sm l .53
[11:47] {magoo} dewars?
[11:49] {dino} crm stop to .92
[11:50] {magoo} this mkts green or my nickname ain't mags
[11:50] {magoo} going freen i mean
[11:50] {magoo} freen=green
[11:50] {GeoArb} ok vad.... i gotta stop socializing here.... and only press buy sell keys
06[11:50] * magoo slaps Threei around a bit with a large trout
[11:50] {magoo} warming up
[11:50] {Threei} walking and chewing gum at the same time presents a peroblem?
[11:51] {dino} out crm +.40
[11:51] {GeoArb} yup
[11:51] {Threei} then chewing gum should take prirority
[11:51] {Threei} and you know what you are to do when run out of gum
[11:52] {magoo} slkap someone?
[11:52] {Threei} "I came to chew gum and kick a$$es... and I am out of gum"
[11:52] {dino} feeling down to me magoo
[11:52] {Threei} nice UAUA drop
[11:53] {Threei} if only oil reverses down again, will be good scalp
[11:54] {Threei} in
[11:54] {Threei} .44 stop
[11:55] {Threei} got .52
[11:55] {magoo} iun .57
[11:55] {Threei} losing 98 would be very nice of USO
[11:56] {Threei} and most likely would send it down for real
[11:57] {Threei} on the other side of the range, over .30 will render downside is not likely for a while
[11:57] {Threei} comeon, drop
[11:59] {Onix} in UAUA @ .51
[12:00] {Threei} perfect entry
[12:00] {Onix} ty
[12:03] {Chaeron} I got .50... but I don't like to brag
[12:03] {GeoArb} lol
[12:04] {Threei} why?
[12:04] {Threei} it's pleasant
[12:04] {Threei} earns you sincere hatred of many
[12:04] {Threei} which adds to a pleasure
[12:04] {hawkfan4} ok, i got .49
[12:04] {Threei} lol
[12:04] {Threei} here comes oil drop
[12:05] {GeoArb} i have never met anyone who has insincere hatred
[12:05] {Threei} predicted by me a few lines above (trying to brag too)
[12:08] {dino} alxn
[12:09] {GeoArb} oil rising?
[12:09] {Threei} just a little bounce
[12:09] {dino} no time for bouncy bouncy
[12:10] {Threei} IMO, going to lose 97.50
[12:11] {Chaeron} now you tell me
[12:11] {Onix} what means IMO?
[12:11] {Chaeron} In My Opinion
[12:11] {Onix} ty
[12:12] {GeoArb} above 1:1 no?
[12:12] {Threei} yup
[12:12] {Chaeron} IMHO means In My Humble Opinion.... not stock symbols
[12:12] {Threei} but I usually skip H for understandable reason
[12:12] {Chaeron} IMSAO
[12:12] {Chaeron} (Smart Ass Opinion) :)
06[12:13] * magoo slaps Chaeron around a bit with a large trout
[12:13] {Chaeron} I deserved that
[12:13] {GeoArb} took half off... gotta take kids to school
[12:13] {Threei} sharp red bar is coming on USO
[12:13] {Threei} ICHO
[12:13] {hawkfan4} agree, would love to see it back to 96
[12:14] {Threei} In Chaeron's Humble Opinion
[12:14] {Chaeron} heh
[12:14] {dino} alxn sm l .50 wide
[12:14] {hawkfan4} lol, was just getting ready to type ICHO into esignal
[12:15] {Threei} don't
[12:15] {Threei} it will show his picture
[12:15] {Threei} and you will be scarred for life
[12:15] {hawkfan4} hee :)
[12:15] {GeoArb} off to school guys good trading
[12:15] {Chaeron} true
[12:15] {Threei} :)
[12:15] {Threei} take care Geo
[12:15] {hawkfan4} cya geo
[12:15] {GeoArb} good first half thanks vad
[12:15] {magoo} GEO WAIT
06[12:15] * magoo slaps GeoArb around a bit with a large trout
[12:15] {GeoArb} (trout)
[12:16] {GeoArb} freeeeen
[12:16] {GeoArb} bye
[12:16] {dino} cya geo
[12:16] {Threei} come on USO, sharp red into .50
06[12:18] * Threei takes a bow
[12:18] {hawkfan4} well deserved
[12:18] {Threei} {dptl} how do you do that??
[12:19] {dptl} :)
[12:19] {hawkfan4} short qid .36, stop .45
[12:19] {magoo} vad, u ever see movie animal house?
[12:19] {Threei} now little bounce and dive under .50
[12:19] {Threei} no
[12:20] {hawkfan4} partial UAUA +.25
[12:20] {Threei} why mags?
[12:21] {Threei} little bounce is done
[12:21] {Threei} and now under .50
[12:21] {Threei} sh*t, I am good
[12:21] {hawkfan4} lol
[12:22] {Threei} :)
[12:22] {magoo} when u took bow, in movie they paddle your butt
[12:22] {Threei} animals... what can I say
[12:25] {dino} crm lod
[12:25] {hawkfan4} stopped qid -.10
[12:28] {dino} crm l sm off of .00 if it gets there
[12:41] {Threei} - current production is about 2.5M bpd{USO}
[12:57] {magoo} .
[12:58] {magoo} ..
[12:58] {hawkfan4} ._.
[12:59] {Chaeron} hey... cut that out... I gotta sweep up after market close
[12:59] {hawkfan4} lol
[13:00] {dino} osip drop
06[13:00] * Threei slaps laserdave1 around a bit with a large trout
06[13:00] * Chaeron slaps laserdave1 around a bit with a large trout
06[13:01] * magoo slaps laserdave1 around a bit with a large trout
06[13:01] * magoo slaps Chaeron around a bit with a large trout
06[13:01] * magoo slaps Threei around a bit with a large trout
[13:19] {GeoArb} back
[13:19] {GeoArb} are we in a position?
[13:19] {Threei} you left?
[13:20] {GeoArb} only in body
[13:20] {Threei} ah.. I must have sensed your spirit presence
[13:20] {judijim} take care everyone, Judi's off to psychology biz
[13:20] {Threei} take care jj :)
06[13:22] * laserdave1 slaps magoo around a bit with a large trout
06[13:22] * laserdave1 slaps magoo around a bit with a large trout
06[13:22] * laserdave1 slaps magoo around a bit with a large trout
[13:22] {magoo} wha i do lol
[13:23] {Threei} what didn't you do
[13:23] {Chaeron} name it
[13:23] {Chaeron} lol
[13:23] {Threei} aside of burning down Pompei
[13:23] {Threei} and even that only because it was down before you
[13:23] {magoo} it was troy..get it right
[13:23] {dino} vad, how was the cruise?
[13:23] {Chaeron} I'm pretty sure he had a hand in that too Vad... somehow....
[13:24] {Threei} inkredible
[13:24] {Threei} magnificent place
[13:24] {Threei} tours were just right, both train in Skagway and heli in Juneau
[13:24] {dino} it is. i need to go again in a few years
[13:24] {dino} glad you enjoyed it
[13:25] {Threei} I so di... but sheesh,
[13:25] {Threei} this darn all-you-can-eat...
[13:25] {GeoArb} ya know vad
[13:25] {GeoArb} this is the 5th time you mentioned this
[13:25] {GeoArb} i wonder if you really disliked all you can eat?
[13:25] {Threei} just the opposite
[13:25] {Threei} I liked it too much
[13:25] {GeoArb} hehehe
[13:25] {dino} lol
[13:26] {dino} out crm .40, +.40
[13:28] {magoo} laser dcc
[13:30] {dino} alxn stop to b/e won't move
[13:31] {dino} sm l pacr .43, stop .13
[13:39] {dino} isys sm l .00
[13:40] {dino} fwrd stop to b/e
[13:40] {dino} risky, sm l crm .50 wide
[13:42] {dino} out alxn .93, +.43
[13:44] {magoo} vad, what u stalking boog guy
[13:46] {GeoArb} booooog
[13:46] {GeoArb} (finally found something as a counter to freen)
[13:48] {dino} i miss 4 dats and i can't figure out the "new" language
[13:48] {Threei} remember that red dot on a wall from yesterday?
[13:48] {GeoArb} ok vad wins
[13:48] {Threei} it reappeared
[13:48] {dino} whats boog, freen, etc
[13:48] {GeoArb} boog=big
[13:48] {GeoArb} freen=green
[13:48] {GeoArb} basic typos dino
[13:48] {GeoArb} we are still the same
[13:49] {dino} ahhhh
[13:49] {dino} thought maybe a conspiracy
[13:50] {dino} out fwrd +.06
[13:51] {dino} isys stop to .35
[13:53] {dino} to .40
[13:54] {magoo} 2 pm smackdown anyone??
[13:54] {hawkfan4} solf anhialated
[13:55] {dino} ouch
[13:55] {hawkfan4} short from 20.29 :)
[13:55] {magoo} may bounce..careful not in it
[13:55] {hawkfan4} out. stole your idea mags, thanks
[13:56] {magoo} u dog, er,um bird
[13:57] {dino} crm stop to .45 to whippy
[13:57] {dino} wtg hawk
[13:57] {dino} you bird of prey you
[13:58] {hawkfan4} thanks, lucky one, but i'll take it
[13:59] {dino} isys to .45 stingy w/it
[13:59] {dino} out crm .45, -.05
[14:00] {dino} you know my feelings on luck hawk
[14:01] {hawkfan4} yes i do
[14:01] {dino} pacr stop to .49
[14:02] {dino} out isys .44, +.44
[14:05] {dino} pacr to .58
[14:08] {dino} to .65
[14:13] {dino} to .76
[14:16] {dino} out +.33
[14:16] {dino} brb
[14:17] {hawkfan4} nice job dino
[14:20] {magoo} vad, what u got??
[14:20] {dino} ty hawk
[14:20] {dino} trying to keep the streak alive
[14:26] {magoo} no smackdowen
[14:29] {Threei} too jerky mags
[14:29] {Threei} can't catch the rythm
[14:29] {Threei} oil sharp down, then sharp up
[14:29] {Threei} neither had much indication of coming
[14:35] {magoo} yeah, bumed i missed aapl run
[14:35] {dino} apwr drop
[14:35] {magoo} was stalking it 172 .70 area
[14:36] {magoo} oi thought mkt pullbk
[14:37] {peterg} theres always RIMM...................
[14:58] {magoo} i missed my pullbk
[14:59] {Onix} now the sunshine woke me up here in Vancouver!
[15:00] {dptl} yeah,,,no kidng :)
[15:01] {Onix} never knows if it is going to be summer or winter here ... sunshime great for a change
[15:02] {Threei} whiners
[15:02] {Threei} 1 year in Winnipeg for ya all, my verdict
[15:02] {Onix} winers is more like it
[15:03] {dptl} :)
[15:03] {Threei} you'll return much more appreciative of Vancouver's climate
[15:04] {Onix} no kiddding! i actually just LOVE it here!
[15:04] {Threei} if you return that is
[15:07] {Threei} here is recipe for anyone who thinks he has a lot of problems
[15:07] {GeoArb} become a newfie?
[15:07] {Threei} if your shoe size is 41, for 1 week wear size 40
[15:07] {Threei} in a week take it off and tell me you are not happy
[15:08] {Onix} where did you receive your training again?
[15:08] {Threei} Al Bundy shoe store
[15:08] {Chaeron} lol
[15:08] {dptl} lol
[15:08] {GeoArb} vad's telling his chioldhood stories
[15:08] {Onix} i thopught it was with crox?
[15:09] {Threei} Crox... one thing I'll never understand :)
[15:10] {dino} rick rockin'
[15:11] {Onix} apparently quite comfortable shoes, but have not tried them myself
[15:13] {Threei} oil spiking looks like
[15:13] {Threei} watching UAUA for short
[15:18] {Threei} in .40
[15:18] {Threei} .51 stop
[15:18] {magoo} am i chasing here?
[15:18] {Threei} try to catch snapback
[15:18] {Threei} UAUA does them constantly
[15:20] {dino} calling it a day. over goal, so heading out early. thx all.
[15:20] {Threei} great to see you return in shape dino
[15:21] {Threei} was the case with me too
[15:21] {Threei} not every vacation it happens :)
[15:21] {dino} thx and good job. so far vacations been good to me this year
[15:22] {Threei} every vacation during which I don't fall over the board, don't get eaten by great white etc is good for me...
[15:22] {GeoArb} so i guess your wife failed
[15:22] {Threei} I was alert
[15:22] {GeoArb} :)
[15:22] {dino} lol. take care
[15:22] {Threei} never turned my back when on outer deck
[15:23] {Threei} and kept her pre-occupied by buying her some jewellery
[15:24] {Threei} shiny shiny things, you know...
[15:25] {GeoArb} :)
[15:31] {dptl} ok... gonna go enjoy a little bit of that sunshine in here.....have a good evening all :)
[15:31] {Threei} take care dp :)
[15:31] {magoo} c u dp
[15:38] {Onix} enjoy!
[15:41] {Onix} UAUA ever going to break down today?
[15:42] {Threei} USO is climbing
[15:44] {magoo} u still sh uaua?
[15:44] {Onix} opposites attract?
[15:44] {Onix} yes ss @11.34
[15:45] {Threei} covered half .29
[15:45] {magoo} i never got entry
[15:45] {Threei} trailed stop to .46
[15:55] {peterg} ok power rangers, see your tomorrow!
[15:56] {peterg} and you, too
[15:56] {Threei} take care peter
[15:57] {magoo} bye peterg
[15:58] {Onix} out with my 4c ty
[15:59] {Threei} don't spend it at once
[15:59] {Threei} and ot one place
[16:00] {Threei} OK guys, thank you all
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {magoo} ty vad

Wednesday, August 20, 2008

Aug 20 2008

Session Time: Wed Aug 20 00:00:00 2008

[08:19] {Threei} 07:23am [LEH] Price Target lowered to $28 from $45 at Bernstein; Maintains market perform rating
[08:19] {Threei} [LEH] Lehman Brothers Holdings Inc Reportedly Goldman cuts earnings estimates for brokerage firms (timing uncertain)
[08:19] {Threei} - Goldman cuts JPM Q3 EPS estimate to $0.40 from $0.64 (consensus estimate is $0.51e)
[08:19] {Threei} - Goldman cuts LEH 2008 EPS estimate to -$9.65 from -$2.10 (consensus estimate is -$3.17e)
[08:19] {Threei} - Goldman cuts MS Q3 EPS estimate to $0.85 from $1.10 (consensus estimate is $0.88e)
[08:20] {Threei} these GS cuts from yesterday after hours
[08:21] {hawkfan4} good morning
[08:21] {Threei} good morning :)
[08:21] {Threei} may I make little confession?
[08:21] {hawkfan4} yes
[08:22] {Threei} couldn't resist and took LEH short on the close,
[08:22] {Threei} then saw afterhours drop and covered 12.60
[08:22] {Threei} glad I did both, lol
[08:23] {hawkfan4} :) nice. i took it too, but only covered a part after hours at .65. was hoping for a big morning drop
[08:23] {Threei} haha... I knew it
[08:24] {Threei} not sure why it's floating still this morning, the wight on its ankles is enormous
[08:24] {Threei} weight
[08:24] {Threei} but financials behaved against all logic way too opften over last months
[08:25] {Threei} and I am trained to see "against the logic" behavior as an opportunity to go against the crowd that follows obvious
[08:25] {Threei} so I am torn here
[08:25] {hawkfan4} yeah , i was just thinking about that too. hard to imagine it wants to rally, but hmmm
[08:25] {Threei} can't see LEH, FNM etc as long
[08:26] {Threei} and can't stay short against all my conditioning
[08:29] {brian3579} gm
[08:30] {Threei} brian :)
[08:30] {Threei} SATC
[08:31] {Threei} when zI went to Costco to replenish the content of the fridge after vacation, saw interesting thing
[08:32] {Threei} big solar panel
[08:32] {Threei} $299
[08:32] {Threei} tried to remember its parameters to look up what it can do
[08:33] {Threei} but managed to remember them just long enough to forget before I got to the pen and paper
[08:33] {cosmo} 15W prolly..
[08:33] {hawkfan4} interesting, i have to hut costco soon, i'll look for it.
[08:33] {Threei} expected for a while these things to start appearing on a consumer level and becoming more and more useful and cost-effective
[08:34] {Threei} please let me know hawk, I don't expect myself to be there for couple of weeks
[08:34] {Threei} signage on the box said,
[08:34] {hawkfan4} i will
[08:34] {Threei} can provide backup power in case of outage
[08:35] {Threei} charge a lot of portable devices
[08:35] {Threei} in both 12 or 110 V
[08:35] {Threei} umm... in either
[08:35] {Threei} :)
[08:36] {Threei} it has a metal stand for the panels
[08:41] {magoo} jhdfgdngf
[08:42] {Threei} I hate to disagree
[08:42] {Threei} but I am prfetty sure it's jhdfgdingknflit
[08:43] {cosmo}
[08:43] {Threei} this is it cosmo, I think
[08:44] {cosmo} or its close..
[08:44] {Threei} I had an impression there were three panels, not four
[08:44] {Threei} but can be mistaklen
[08:44] {Threei} afrter all, I was there after food, empty fridge etc, hard to focus
[08:44] {Threei} 60W
[08:44] {Threei} fairly decent, no?
[08:45] {cosmo} small appliances, it says
[08:47] {cosmo} if you pay a little more....
[08:48] {cosmo}
[08:48] {Raven}
3 Have friend who spent $13K out of pocket (grants and tax rebates funded rest of $40K total cost)
[08:49] {Raven}
3 he pumps power back into grid all summer
[08:49] {Raven}
3 in Oregon
[08:49] {Raven}
3 figures it'll pay back in 10 years
[08:49] {Threei} do economics work overall for him?
[08:49] {Threei} oh
[08:49] {Raven}
3 loves to watch electric meter spin BACKWARD
[08:50] {Raven}
3 rofl
[08:50] {Threei} yeah, that must be fun
[08:50] {cosmo} it beats having a swimming pool...
[08:50] {Threei} although in old times USSR people did that with two wires hooked to meatl heating radiator
[08:50] {Raven}
3 and Oregon has less than sunny winter season
[08:50] {Threei} murmuring "the state is us"
[08:51] {Raven}
3 lol
[08:51] {Raven}
3 also Oregon is quite generous with grants and tax rebates
[08:52] {Raven}
3 each state is different I think
[08:57] {cosmo} some are more photosynthetic than others...
[08:57] {Raven}
3 you bet
[08:58] {magoo} vad, u got sec
[08:58] {cosmo} AZ should lead
[08:58] {Raven}
3 CA too
[08:58] {Raven}
3 southern CA
[08:58] {Raven}
3 San Diego
[08:58] {Onix} Good morning!
[08:59] {cosmo} Sempra not as friendly as PG&E
06[09:00] * magoo slaps Threei around a bit with a large trout
[09:00] {Raven}
3 Oh ... another variablr
[09:00] {Raven}
3 variable
[09:00] {cosmo} SDG&E and SCE need to wake up
[09:01] {Threei} mags?
[09:01] {magoo} i lost my scanner window stocks down pre mkt, cant remember how to recreate it
[09:03] {Threei} rta://NewAlertWindow/?O=4000000000000000000000000000000_1D_0&MaxFCP=-5&MinVol=200000&WN=Stocks+Down+Big+in+Pre+Market+Trading
[09:03] {Threei} right click - configure - standard strategies
[09:04] {Threei} or
[09:04] {Threei} right click - configure - recent settings
[09:04] {cosmo} CSUN
[09:04] {GeoArb} gm
[09:04] {Threei} Geo :)
[09:05] {magoo} i see prop standard rececent
[09:05] {magoo} oh wait
[09:06] {pita} gm all
[09:07] {Threei} pita :)
[09:07] {magoo} thanx boss
[09:07] {Threei} always
[09:08] {Threei} ummm... sometimes
[09:08] {judijim} good morning all
[09:08] {Threei} jj :)
[09:10] {fernp} Good morning all
[09:10] {magoo} so easy and i totally forgot how to create new window..sigh
[09:11] {Threei} fern :)
[09:12] {tomg} good morning
[09:13] {Threei} tom :)
[09:15] {esemde} good M...
[09:15] {Threei} ese :)
[09:18] {Threei} I don't have much for the open
[09:19] {Threei} still entertaining the idea of LEH short but want to give it time to work our morning rush, consoolidate and show setup
[09:19] {Threei} also we have oil inventories today
[09:20] {Threei} so at some point UAUA should get active
[09:25] {Threei} Warren Buffet and Bill Gates are in Alberta overviewing oilsands industry
[09:26] {cosmo} once they clean that sand, they can make solar panels
[09:26] {dptl} good morning all
[09:26] {Threei} dp :)
[09:27] {peterg} gmng
[09:27] {Threei} peter :)
[09:28] {Threei} solars were strong yesterday and are gapping up this morning
[09:28] {Threei} not sure if that's a sector in play...
[09:28] {Threei} they have this feel of stalled bread
[09:28] {Threei} or flat beer
[09:28] {hawkfan4} 09:26 SOL ReneSola initiated with a Buy at Merrill- tgt $30 (17.49 ) -Update
[09:29] {GeoArb} tan
[09:29] {Threei} should be scalpable I guess
[09:29] {Threei} thin trader
[09:29] {GeoArb} yeah :9
[09:29] {GeoArb} just for trend
[09:31] {cosmo} SOLF holding 17 far
[09:32] {Threei} SOL .15 long if holding above 18
[09:34] {Threei} semi-aggresive entry, if .10 gets taken
[09:36] {Threei} offer half at .27 - .30
[09:36] {Threei} feels more than a scalp to me
[09:37] {Threei} out half at .29
[09:37] {magoo} wait .45
[09:38] {fernp} out here. thanks Vad
[09:38] {Threei} offer 1/4 more at .45
[09:38] {Threei} welcome
[09:39] {Threei} 1/4 more out
[09:39] {peterg} I see--SOL is not SOLF
[09:39] {GeoArb} :)
[09:39] {magoo} out ty boss .45
[09:39] {Threei} now, your choice:
[09:39] {Threei} offer last portion around .60
[09:39] {Threei} or just try to ride it
[09:40] {tomg} thanks vad
[09:40] {Threei} tom :)
[09:40] {Onix} Out SOL for +.48, thanks Vad!
[09:40] {Threei} welcome sir
[09:40] {Onix} sorry .. out at .48 = 34c
[09:41] {Threei} what's 12 cents between friends
[09:41] {Threei} umm... 14
[09:41] {Threei} lol
[09:41] {Onix} exciting!
[09:42] {Threei} another day in the office...
[09:42] {Threei} look at LEH morning spikes both ways
[09:42] {Threei} [09:19] {Threei} still entertaining the idea of LEH short but want to give it time to work our morning rush, consoolidate and show setup
[09:42] {Threei} that was some morning rush to wait out eh?
[09:42] {GeoArb} cnq?
[09:43] {Threei} no read here Geo, sorry
[09:43] {Threei} mags, you are all out or holding any?
[09:44] {magoo} all out
[09:44] {Threei} k
[09:45] {Threei} NCOC interesting daily
[09:45] {Threei} but Roman has better feel for this one
[09:46] {tomg} EXP vad?
[09:46] {Threei} volatile like hell...
[09:46] {Threei} strong momo but very hard to control risk
[09:47] {Threei} MER
[09:47] {Roman}
21 TXCO interesting but very thin
[09:47] {Threei} .25 short if stays below .30
[09:50] {Threei} {FNM FRE}
[09:51] {Threei} stopped MER
[09:52] {Threei} picked wrong financial for short, FNM was much better
[09:52] {Threei} told ya it's bottomless
[09:53] {Onix} stopped MER
[09:54] {magoo} me too
[09:57] {Threei} pains me to say... but LEH starts looking like long
[09:57] {Threei} if holding above 13
[09:57] {Threei} hard to pick entry, not much to indicate it
[09:57] {Threei} if you like, just grab it here
[09:57] {Threei} stop is tight enough
[09:58] {esemde} long NVDA 13.62
[09:59] {esemde} went long as it crossed the open print
[09:59] {magoo} mkt feels like rally
[09:59] {Threei} LEH went to 1:2 in a hurry from .10 entry
[10:00] {Threei} feels not done yet
[10:00] {Threei} don't chase if you haven't taken it close to 13
[10:00] {Threei} it's a day for safe entries with tight stops
[10:03] {magoo} leh bounce entry vad?
[10:03] {Threei} late
[10:03] {Threei} impossible to call in time
[10:03] {magoo} as i typed it was .90
[10:03] {Threei} either you are ready and grab it as it occurs or let it go
[10:04] {esemde} pick a solar...any solar....they almost all green on my solar screen....
[10:07] {Threei} for the record, I don't expect today to be very generous on trading opportunities
06[10:07] * magoo slaps Threei around a bit with a large trout
[10:07] {Threei} although oil inventories may provide something
[10:07] {Threei} but it's August after all
[10:07] {magoo} watcjh uso as a long
[10:07] {Threei} and:
[10:07] {magoo} not in
[10:07] {Threei} ·“Don't be seduced into thinking that that which does not make a profit is without value.” - Authur Miller
[10:08] {peterg} wow
[10:08] {esemde} long STP .51 1/2 lot
[10:08] {Threei} observing these moves is invaluable education
[10:08] {tomg} cnq on pullback?
[10:08] {magoo} u in leh?
[10:08] {Threei} me no
[10:09] {magoo} u like it?
[10:09] {Threei} CNQ, hmm
[10:09] {Threei} I would prefer deeper pullback on it
[10:09] {tomg} ty
[10:09] {magoo} k
[10:09] {Threei} around 82 or even lower
[10:09] {tomg} k
[10:10] {Threei} LEH 13.01 mags
[10:10] {Threei} with 12.89 stop
[10:10] {magoo} in vad
[10:11] {Threei} 1:2 like there is nothing to it
[10:11] {Onix} Had it like that for a while now: in @13.02 & stop 12.89
[10:11] {esemde} out STP .75 +.24
[10:11] {Threei} don't oversit them
[10:11] {Threei} 1:2 is good
[10:11] {Threei} beautiful one ese
[10:12] {esemde} exactly
[10:12] {esemde} tks
[10:12] {Threei} 1:3
[10:12] {magoo} out LEH .30 TY boss
[10:12] {Threei} welcome
[10:12] {Threei} 1:4
[10:13] {Threei} if you don't profit from it and let it go negative on you, don't ever talk to me again
[10:13] {Threei} I'll pretend I don't know you
[10:13] {Threei} Onix, you took it?
[10:13] {hawkfan4} that was nice, thx :)
[10:13] {Onix} got +.32 LEH thnx Vad
[10:13] {esemde} nice move stp
[10:13] {Threei} hawk :)
[10:14] {Threei} wtg guys
[10:14] {magoo} u da man, er, um lil dude vad:)
[10:15] {Threei} realize that you are profiting in an easy and safe way day after day in what is labeled by most as one of the most difficult markets in theirlifetime
[10:15] {Threei} NVDA goes for you ese
[10:15] {esemde} am liking it....
[10:17] {esemde} will be out 1/2 soon....let the rest ride
[10:17] {Threei} 20 min till oil numbers
[10:17] {Threei} **consensus expectations:
[10:17] {Threei} Crude: +1Me
[10:17] {Threei} Gasoline: -2.8Me
[10:17] {Threei} Distillate: +750Ke
[10:17] {Threei} Utilization: 86.3%e
[10:17] {Threei} *crude inventories expected to rise as shipments that were delayed by Tropical Storm Eduoard began to arrive last week.
[10:17] {Threei} [09:57] {Threei} pains me to say... but LEH starts looking like long
[10:18] {Threei} pains me even more to say I was right, lol
[10:18] {esemde} NVDA out 1/2....+.25
[10:18] {magoo} you are like dr. smith.."the pain the p[ain"
[10:18] {GeoArb} wow
[10:19] {GeoArb} educated lot here
[10:19] {Threei} well, my philosophy is "no pain - good!"
[10:19] {GeoArb} damn
[10:19] {GeoArb} its a movie
[10:19] {GeoArb} series
[10:20] {Threei} FNM
[10:20] {Threei} I have just one question
[10:20] {Threei} whos cash is that?
[10:20] {GeoArb} ok that hut vad
[10:20] {fernp} out half BEXP +.20
[10:21] {GeoArb} it isnt the canadians that i can tell ya
[10:21] {Threei} also, if so,
[10:22] {Threei} why are we continuing to hear about this or that form of nationalizing them, rendering common wtock worthless etc
[10:22] {tomg} in cnq 82.08
[10:22] {tomg} out .48
[10:22] {Threei} nonetheless, nice spike FNM
[10:23] {peterg} cuz their ceo's are lying @@@'s?
[10:23] {Threei} wow tom
[10:23] {Threei} patience paid off eh? waited for 82
[10:23] {esemde} CNQ looks real good tom
[10:23] {tomg} ty on pb advice :)
[10:23] {Threei} always
[10:23] {Threei} I mean, sometimes
[10:23] {tomg} :)
[10:23] {GeoArb} sniff cnq
[10:24] {esemde} still movin STP
[10:24] {GeoArb} [09:42] {GeoArb} cnq?
[10:25] {esemde} didn't there use to be an oil product called STP....maystill is don't know
[10:25] {Threei} [09:43] {Threei} no read here Geo, sorry
[10:25] {GeoArb} :)
[10:25] {GeoArb} i guess tomg is a self starter heheheh
[10:26] {Threei} we exchanged on it later Geo
[10:26] {GeoArb} and off course i missed
[10:26] {Threei} after CNQ moved more and started pulling back
[10:26] {Threei} [10:08] {tomg} cnq on pullback?
[10:26] {Threei} [10:09] {Threei} CNQ, hmm
[10:26] {Threei} [10:09] {Threei} I would prefer deeper pullback on it
[10:26] {Threei} [10:09] {tomg} ty
[10:26] {Threei} [10:09] {magoo} k
[10:26] {GeoArb} yup see it now
[10:27] {GeoArb} sniff.... i need more coffee
[10:27] {Threei} [10:09] {Threei} around 82 or even lower
[10:27] {Threei} [10:09] {tomg} k
[10:27] {Threei} bottomed out at 81.87
[10:27] {GeoArb} hey vad you still using one min charts?
[10:28] {Threei} yes why?
[10:28] {GeoArb} just curious
[10:28] {GeoArb} i sometimes like 2 min better or 5
[10:28] {Threei} why not
[10:28] {Threei} there is no better or worse way
[10:28] {Threei} there is one that works for you
[10:28] {GeoArb} just trying ot
[10:28] {GeoArb} makes me hold longer
[10:29] {peterg} interesting
[10:29] {Threei} of course it does
[10:29] {GeoArb} problem is cant go full lot on that
[10:30] {Threei} it's not a problem... it's direct outcome of risk/reward equation
[10:30] {GeoArb} yeah that sounds better :)
[10:33] {tomg} cnq going for hod
[10:33] {GeoArb} oil out yet?
[10:33] {GeoArb} i am on my hands
[10:34] {Threei} 2 min
[10:34] {Threei} 1
[10:35] {GeoArb} mdt nice
[10:35] {Threei} DOE CRUDE: +9.4M V +1ME;
[10:35] {Threei} GASOLINE: -6.2M V -2.8ME; DISTILLATES: +480K V +750KE; UTILIZATION: 85.7% V 86.3%E
[10:35] {Threei} *API Inventory:
[10:35] {Threei} - Crude Inventories: +12.4M
[10:35] {Threei} - Gasoline: -1.9
[10:35] {Threei} - Distillate: +300K
[10:36] {GeoArb} yup cnq dropped
[10:36] {GeoArb} hahahahaha
[10:36] {tomg} yup, follows oil
[10:36] {GeoArb} canadian national res
[10:36] {magoo} uaua responded
[10:36] {GeoArb} i thought restaurant
[10:36] {GeoArb} i checked
[10:36] {GeoArb} oops
[10:37] {GeoArb} is national resource......i need to read up
[10:37] {tomg} :)
[10:37] {esemde} if the NDX breaks above 1921.99....skys the limit today
[10:38] {Threei}
[10:38] {Threei} Canadian Natural Resources
[10:38] {GeoArb} yeah
[10:38] {GeoArb} mm just says canadian nat res
[10:39] {GeoArb} but i found a cool thing... if i double click the mm.... it opens the google finance for it
[10:39] {Threei} what's mm?
[10:39] {GeoArb} market meker LII box
[10:39] {Threei} ah
[10:40] {tomg} don't see mm box Geo
[10:40] {GeoArb} its funny.... at 10:31 UAUA was breaking lows at twice normal volume
[10:40] {GeoArb} cant just do matters
[10:41] {Threei} well, oil numbers propped a move
[10:41] {GeoArb} yup
[10:41] {Threei} and UAUA is oil-dependent mover
[10:41] {GeoArb} i was thinking if i wasnt in this room i would be short hehehehe
[10:41] {GeoArb} but then i wouldnt have a scanner !
[10:42] {Threei} rofl
[10:42] {GeoArb} lol
[10:42] {tomg} Geo, you talking about mm box on LII in Laser?
[10:42] {GeoArb} no my broker
[10:42] {Threei} well... being in the room saved you from 1 dollar move against you
[10:42] {tomg} ah, ok
[10:42] {GeoArb} yup
[10:45] {Threei} have a look at VPHM
[10:46] {hawkfan4} looking
[10:46] {Threei} serious relstive strength, makes new 52 weeks highs
[10:46] {Threei} just broke 14 resistance on daily
[10:47] {Threei} not sure I have a call on it at this moment
[10:47] {Threei} mentioning it for thiose of you who see it as a play
[10:49] {GeoArb} vad i am curious..
[10:49] {GeoArb} any reason you dont play gap fill/ gap and go setups?
[10:50] {Threei} I like them
[10:50] {Threei} I just don't actively scan for them
[10:50] {GeoArb} do you scan for them?
[10:50] {GeoArb} hhe
[10:50] {Onix} missed on VPHM
[10:50] {Threei} simply no room for more scans I guess :)
[10:50] {GeoArb} yeah
[10:50] {Threei} but if I stumble onto one of those while surfing, I do like them
[10:50] {Threei} if you scan for them, feel free to share
[10:51] {esemde} you have alot of screens Vad...what is your favorite
[10:51] {GeoArb} i am developing a scan bt would off course need your guidance on how to play em
[10:51] {GeoArb} i like gap and go better than gap fill
[10:51] {Threei} I don't have favorite really ese
[10:52] {esemde} if you had to choose...which one would it be
[10:52] {Threei} hmmm
[10:52] {esemde} putting you on the spot i know
[10:52] {Threei} it changes with market///
[10:52] {Threei} some work better in one type of market, some are in another
[10:53] {GeoArb} anyone take vphm?
[10:53] {Threei} so my answer today may be different from my answer tomorrow
[10:53] {fernp} me
[10:53] {GeoArb} makes sense
[10:53] {GeoArb} i missed but looks good
[10:53] {esemde} indeed.......
[10:53] {Threei} and you will say I am a flip flop worse than presidenatila candidates
[10:54] {tomg} TWB
[10:55] {tomg} ?
[10:55] {GeoArb} mdt vad?
[10:57] {fernp} out VPHM +.18 thanks Vad
[10:57] {Threei} MDT is a bit too narrow for this price range
[10:57] {Threei} fern :)
[10:57] {Threei} TWB, not sure
[10:57] {GeoArb} OK
[10:57] {Threei} this kind of setup I'd be happy to see an hour ago
[10:57] {Threei} now it can easilt to just stall
[10:58] {tomg} ty
[10:58] {esemde} GO NVDA BABYYYYYYYYY!!!!!!!!
[10:59] {magoo} [09:59] {magoo} mkt feels like rally
[10:59] {esemde} i'll second that
[11:00] {esemde} not only feels like....IS.....
[11:01] {tomg} ty for help, vad, have a nice day everyone
[11:02] {Threei} take care tom, good job
[11:02] {tomg} :)
[11:06] {GeoArb} off to work.... thanks
[11:06] {Threei} take care Geo
[11:07] {dptl} pdli?
[11:08] {Threei} not really lunch time setup,
[11:08] {Threei} may go slowly if market continues climbing
[11:09] {dptl} ah .46 to try..:)
[11:10] {tomg} just one more thing before i go....i want to apologize to laserdave in front of the whole group....i posted negative comments about him a while back.......when he was trying his best to help me
[11:10] {tomg} i was panicking and took it the wrong way
[11:10] {dptl} stop under .39 pdli
[11:11] {tomg} maybe you want to edit this out, vad, but i never will feel right until i get it said that i'm sincerely sorry
[11:11] {Threei} who is laserdave?
[11:11] {tomg} man :)
[11:11] {Threei} :)
[11:11] {Threei} I notice him when he is here and I am in the truot-slapping mood
[11:11] {Threei} (which I always am)
[11:12] {tomg} i apologized to him personally, of course
[11:12] {Threei} I think it's all long forgotten tom
[11:12] {Threei} little trout between friends, whatever
[11:12] {tomg} thanks, vad :)
[11:13] {magoo} trout????
06[11:13] * magoo slaps Threei around a bit with a large trout
[11:13] {Threei} ugh
[11:14] {Threei} I walked right into it... knew how dangerous it was to even mention fish in magoo's poresence
[11:14] {fernp} again out of VPHM +.12
[11:15] {Threei} lol
[11:15] {Threei} this is not nice fern
[11:15] {Threei} I di not mention it for you to bludgeon it
[11:16] {Threei} scalp it one thing... but you are dismembering it
[11:16] {fernp} lol
[11:16] {fernp} easy money
[11:16] {Threei} favorite kind
[11:16] {fernp} mine too
[11:24] {hawkfan4} kinda like UAUA over 13 with a stop .84, or short under .85, depends on oil's next move
[11:28] {magoo} vad, kinda looking for pullback short scalps here
[11:32] {Threei} pretty much USO dependent mags
[11:32] {Threei} if it continues down, market is likely to continue climbing
[11:39] {magoo} ok, just a thought
[11:47] {Threei} aimless wandering
[12:03] {Threei} SOLF is still climbing... can't bring myself to play it
[12:04] {hawkfan4} was just looking at solf, watching SOL again. It's basically SOLF without the F
[12:05] {magoo} brb
[12:10] {hawkfan4} trying USO .60, stop under .40
[12:32] {hawkfan4} SOL .40, stop under .24
[12:33] {fernp} out PDLI +.10
[12:34] {hawkfan4} gj
[12:40] {hawkfan4} USO stop to .64
06[12:44] * Threei slaps laserdave1 around a bit with a large trout
06[12:44] * Chaeron slaps laserdave1 around a bit with a large trout
06[12:44] * Chaeron slaps laserdave1 around a bit with a large trout
[12:44] {Chaeron} that last one was for magoo... he's away for a sec
[12:45] {dptl} team work eh:)
06[12:47] * magoo slaps laserdave1 around a bit with a large trout
[12:47] {magoo} thanx charbro
[12:47] {Chaeron} gotchr back bro
[12:55] {laserdave1} why thanks
[12:56] {GeoArb} hey dave dcc pls
[13:05] {GeoArb} .
[13:06] {Threei} very very fine point
[13:12] {Threei} from chart point of view, up is more likely from here for the market
[13:20] {magoo} vad, my question on mt
[13:20] {magoo} mt=mkt
[13:20] {Threei} [13:12] {Threei} from chart point of view, up is more likely from here for the market
[13:21] {magoo} u sdtalkin anything anywhere anytime anyhow?
[13:21] {Threei} yes
[13:21] {Threei} I made this mistaake of aiming laser pointer at the wall
[13:21] {Threei} not I am stalking the red dot
[13:21] {Chaeron} oh geesh
[13:22] {Threei} not = now
[13:32] {Threei} - Russian protests will include more than diplomatic statements in response to missile shield program
[13:32] {Threei} - US missile shield plan is part of a very dangerous group of military projects
[13:32] {Threei} welcome to new cold (and we can hope only cold) war
[13:34] {Threei} LDK is intriguing
[13:41] {GeoArb} well about that .....
[13:41] {GeoArb} we go here and keep prodding the bear
[13:41] {GeoArb} what do you think is gonna happen?
[13:41] {magoo} ldk is the crazy one right vad?
[13:53] {hawkfan4} .
[13:56] {Threei} sorry guys, had urgent errand
[13:56] {Threei} it is mags
[13:56] {Chaeron} you were gone?
06[13:57] * Threei slaps Chaeron around a bit with a large trout
06[13:57] * magoo slaps Chaeron around a bit with a large trout
[13:57] {Threei} well Geo... IMO, this is the bear that is not going to lay down and sleep quietly even if you don't prod it
[14:07] {esemde} have a great rest of the day heading in too classes to prepare for
[14:07] {Threei} FNM... 4.73 becomes a shart trigger
[14:07] {Threei} take care ese :)
[14:07] {esemde} see ya vad
[14:08] {Threei} {FNM FRE}
[14:08] {Threei} hmm?
[14:08] {Threei} zero is zero
[14:08] {Threei} I see FNM at 4.80
[14:09] {Threei} if it's all the same to Cross, I am w'illing to short here under his agreement to sell it back to me at zero
[14:10] {hawkfan4} sounds fair
[14:10] {magoo} are u shorting it here?
[14:10] {Threei} yes
[14:10] {Threei} got .74
[14:10] {Threei} .85 stop
[14:12] {magoo} in .66
[14:12] {Threei} wow
[14:12] {Threei} why so much chasing?
[14:12] {magoo} thats where it was when i asked
[14:12] {Threei} [14:07] {Threei} FNM... 4.73 becomes a short trigger
[14:13] {magoo} oops
[14:16] {GeoArb} so i have been thinking vad
[14:16] {GeoArb} :)
[14:16] {Threei} hurt?
[14:16] {magoo} oy
[14:16] {GeoArb} how about a scrpt so that when you make a call it starts with ALERT!!
[14:16] {Threei} over 1:1 FNM
[14:17] {Threei} it means additional typing geo
[14:17] {magoo} ggggggggggtttrt
[14:17] {GeoArb} problem is it will say alert even when you make your jokes
[14:17] {GeoArb} no it will insert it automatically
[14:17] {GeoArb} a script
[14:17] {GeoArb} only for you
[14:17] {GeoArb} so sleeperrs like me and magoo dont miss
[14:17] {GeoArb} :0
[14:17] {Threei}
JBE Setup:
0,3 TEST 20
[14:17] {GeoArb} seeee
[14:17] {Threei}
Long Setup:
0,3 TEST 20
[14:18] {Threei}
Short Setup:
0,4 TEST 20
[14:18] {GeoArb} you have stuff hidden
[14:18] {Threei}
DBI Setup:
0,4 TEST 20
[14:18] {GeoArb} hmmmm
[14:18] {GeoArb} this is beautifull
[14:18] {magoo} symbiol??TEST not coming up
[14:18] {GeoArb} what do you think guys?
[14:19] {Threei} told ya FNM was bottomless
[14:19] {magoo} [14:18] {magoo} symbiol??TEST not coming up
[14:19] {patience} if you need it geo......
[14:19] {magoo} isTEST on bulletin board??
[14:19] {Threei} scalpers have almost 1:3 FNM
[14:20] {Chaeron} might be a pink sheet mags :)
[14:20] {magoo} magoos patented 2-230 smackdown here
[14:20] {GeoArb} it keeps him loud and separate from all the riffraff talk like mine
[14:20] {Threei} and you seriously think anything that makes me louder is a good thing?
[14:21] {GeoArb} only for calls vad
[14:21] {GeoArb} only for calls
[14:21] {GeoArb} hmmmm only for calls
[14:21] {magoo} hgow about fatter??
[14:21] {GeoArb} thats my secret shame so wont go there
[14:21] {GeoArb} california.... its the cheese
[14:22] {magoo} and happy cows
[14:22] {GeoArb} so vad.... how much moe do you have to type to pull those alert up?
[14:22] {Threei} not much actually
[14:22] {Threei} I just need to remember :)
[14:22] {GeoArb} would you consider it?
[14:22] {Threei} sure
[14:23] {Threei} woohoo FNM
[14:23] {GeoArb} that way y roving eyes have an anchor
[14:23] {magoo} and U criticize my entry
[14:23] {Threei}
3,0 Attention: FNM is a POS
[14:23] {GeoArb} lol
[14:23] {hawkfan4} lol!
[14:23] {Threei} it's coming back to me
[14:23] {GeoArb} from the go go 90s?
[14:24] {Threei} I guess
[14:24] {magoo} out .33
[14:25] {hawkfan4} there goes oil
[14:25] {magoo} feels like into 3's
[14:25] {Onix} POS?
[14:25] {GeoArb} piece of sugar
[14:26] {Threei} ummm
[14:26] {Threei}
3,0 Attention: GEO is sugarcoating thing
[14:26] {magoo} i thiought it was "per order shares"
[14:27] {GeoArb} ummm vad
[14:27] {Threei} hehe
[14:27] {GeoArb} lol
[14:28] {GeoArb} wo fnm
[14:28] {GeoArb} going to 0
[14:29] {GeoArb} 150 mill vol today
[14:31] {magoo} vad, u ignoring my best material here
[14:32] {Threei} as in?
[14:32] {GeoArb} 11:27] {magoo} i thiought it was "per order shares"
[14:33] {Threei} this is your best??
[14:33] {Threei} come on... I know better than that
[14:33] {Chaeron} there's a really thin book "Magoo's Best Material from RT Room"
[14:33] {magoo} :)
[14:34] {Threei} and best of the best is:
[14:34] {Threei} [08:41] {magoo} jhdfgdngf
[14:34] {GeoArb} ahh comeon
06[14:35] * GeoArb slaps Threei around a bit with a large trout
06[14:35] * magoo slaps GeoArb around a bit with a large trout
[14:35] {Threei} careful
[14:35] {GeoArb} again?
[14:35] {GeoArb} why me magoo?
[14:36] {Threei} who knows what they say in the heat of jawboning
[14:37] {magoo} why not??
[14:39] {GeoArb} true
06[14:39] * GeoArb slaps magoo around a bit with a large trout
06[14:39] * GeoArb slaps magoo around a bit with a large trout
06[14:39] * GeoArb slaps magoo around a bit with a large trout
[14:39] {GeoArb} hmm dino isnt here
[14:40] {GeoArb} ok thats wierd....i selected laserdave
[14:40] {GeoArb} trout got stuck
[14:40] {Threei} in what???
[14:40] {GeoArb} i guess this needs practice
[14:40] {Threei} dave... fess up
[14:41] {GeoArb} in the beer bottle?
[14:41] {Threei} OK, I better shut up
[14:41] {Threei} 12 jokes in my head, and none of them is kosher
[14:41] {GeoArb} yup
[14:41] {GeoArb} i thought i had a nice save
[14:42] {Threei} - Stern adds these firms must be addressed in a calmer market, notes higher concern over FNM FRE despite Treasury support.
[14:42] {Threei} - Fed's actions in regards to the GSEs and Bear Sterns are adequate{FNM FRE}
[14:46] {Threei} - Notes that this is not the right time to shut down FNM & FRE
[15:08] {Threei} sooo tempted to short FNM again
[15:09] {magoo} as doc holiday{val kilmer version} would say"say when"
[15:10] {Threei} hoped for one more try at .50 and failure, but it dropped
[15:10] {Threei} waiting for now, don't want to chase
[15:16] {hawkfan4} out USO +2
[15:16] {patience} very nice
[15:16] {Threei} WTG
[15:17] {Threei} even though very unpatriotic
[15:17] {hawkfan4} :) thx. 10:1
[15:17] {Threei} lol
[15:17] {fernp} very good job
[15:17] {Threei} disgusting really
[15:17] {hawkfan4} lol
[15:17] {Threei}
3,0 Attention: : hawkfan doesn't leave any money in the market for anyone else
06[15:18] * magoo slaps hawkfan4 around a bit with a large trout
[15:18] {Threei}
Long Setup:
0,3 VPHM .41 if stays above .35 and market turns up
[15:24] {Threei} in .36, aggressively
[15:24] {Threei} ridiculously tight stop
[15:24] {Threei} .33 or so
[15:25] {Threei} just don't want to give anything back
[15:27] {Onix} in @ $14.38
[15:33] {Threei} trailing stop to .34
[15:33] {Threei} lol
[15:33] {magoo} am i chasimng here?
[15:34] {Threei} don't enter into downticking market
[15:34] {Threei} if NQ reverses, grab it
[15:34] {Threei} but don't count on much, this is just a little scalp
[15:35] {Threei} with stop tighter than 34 size jeans on 40-sezed waist after big dinner
[15:37] {Threei} OK NQ
[15:38] {Threei} break 1910, jump and pull VPHM with you
[15:38] {Threei} broke
[15:38] {Threei} .38 finally gave up
[15:39] {Threei} I have 1:2
[15:39] {Threei} lol
[15:39] {Threei} half out .45
[15:40] {Threei} cute little trade
[15:40] {Threei} no stress whatsoever
[15:43] {Threei} NQ goes 10 points up from the moment of our long... can you say well timed entry?
[15:43] {Threei} well... you could if you weren't asleep
[15:43] {magoo} oput hwere .49 TY
[15:44] {Threei} :)
[15:44] {patience} magoo aces it again :)
[15:44] {magoo} have u noticed an imprtovemebt in my spellinhk vad??
[15:44] {Threei} dephinetili
[15:45] {Threei} a hole lot of empruvement
[15:46] {dptl} lol....have a good evening all:)
[15:46] {Threei} take care dp :)
[15:47] {magoo} u 2 dop:)
[15:47] {dptl}
[15:47] {magoo} oops roflol
[15:47] {Threei} zat's maguu's emproowement
[15:51] {Threei} you have 8 minutes to impress me, VPHM
[15:55] {Onix} Thanks for a beautiful trade in VPHM Vad ... out @ 14.54
[15:55] {Threei} wtg
[15:55] {Threei} nice and easy eh?
[15:55] {Threei} btw... I have a new headset and am ready to try Dragon next week probably
[15:55] {Onix} unbelievable!
[15:55] {Threei} so if you see something like mgjksoturnakfntoie, you know where it's coming from
[15:55] {Threei} out VPHM in full
[15:55] {Threei} .62
[15:56] {magoo} NICE
[15:56] {Threei} plus something nice
[15:56] {Onix} you're the champ!
[15:56] {magoo} easy button worthy
[15:56] {Threei} as long as no a chimp...
[15:56] {Threei} not a
[15:56] {Threei} OK guys, thank you all
[15:56] {Threei} have a good evening
[15:56] {Onix} Thnx bye
[15:56] {peterg} bye all
[15:56] {Threei} see you all tomorrow
[15:57] {hawkfan4} thx vad
[15:58] {magoo} TY vad
[16:00] {fernp} see you. TY

Tuesday, August 19, 2008

Aug 19 2008

Session Time: Tue Aug 19 00:00:00 2008

[07:59] {Threei} U.S. financials: A large U.S. bank will soon collapse - Former IMF chief economist Kenneth Rogoff
[07:59] {Threei} - "The U.S. is not out of the woods. I think the financial crisis is at the halfway point, perhaps. I would even go further to say 'the worst is to come'," he told a financial conference.
[07:59] {Threei} - "We're not just going to see mid-sized banks go under in the next few months, we're going to see a whopper, we're going to see a big one, one of the big investment banks or big banks," said Rogoff.
[07:59] {Threei} - "We have to see more consolidation in the financial sector before this is over," he said.
[07:59] {Threei} - "Probably Fannie Mae and Freddie Mac - despite what U.S. Treasury Secretary Hank Paulson said - these giant mortgage guarantee agencies are not going to exist in their present form in a few years."
[07:59] {Threei} - "There was this view early on in the crisis that sovereign wealth funds could save everybody. Investment banks did something stupid, they lost money in the sub-prime, they're great buys, sovereign wealth funds come in and make a lot of money by buying them. That view neglects the point that the financial system has become very bloated in size and needed to shrink," he added.
[08:02] {hawkfan4} scary stuff
[08:02] {Threei} whole thing unfolding over last half year or so is scary
[08:02] {Threei} almost apocalyptic
[08:03] {Threei} this is potentially of "end of empire" caliber
[08:03] {Threei} and when I think of alternatives for the ruler of the world, I shudder
[08:04] {hawkfan4} yikes, me too
[08:05] {Threei} it's not really easy to imagine the end of USA empire any time soon, it's sheer size and might are still beyond the reach of anything and anyone,ill
[08:05] {Threei} size of US economy is larger than three next combined
[08:05] {Threei} but then again,
[08:06] {Threei} tell to someone in 80s that Soviet empire will be gone in 10 years
[08:06] {Threei} who would believe it?
[08:07] {Threei} OK, on a lighter note
[08:07] {Threei} here is the news item I just read
[08:07] {hawkfan4} :)
[08:08] {Threei} ·In fixed income the results from the DMO's meeting with the GEMMs showed that most GEMMs favored either a 2017 or 2022 I/L GILT to begin the quarter
[08:08] {Threei} huh?
[08:08] {Threei} lol
[08:08] {hawkfan4} lol, might as well be Russian for me
[08:08] {Threei} not a single abbreviation in that sentence that I could understand
[08:09] {Threei} watching FNM
[08:09] {Threei} not taking any position yet
[08:09] {Threei} it lost 6 but buying came in strongly
[08:09] {Threei} took it back
[08:10] {hawkfan4} in SOL small for a bounce, stop 27.20
[08:10] {hawkfan4} 17.10 i mean
[08:10] {Threei} I think this thing goes down with no bottom in sight
[08:10] {Threei} FNM that is
[08:10] {Threei} but gotta be careful, spikes can be vicious
[08:11] {hawkfan4} yep, stopped sol, speaking of bottomless
[08:11] {Threei} UAUA new highs
[08:12] {hawkfan4} flipped it overnight +.27
[08:15] {Threei} nice
[08:15] {Threei} so next major support for USO to loe is 90, right?
[08:15] {Threei} lose
[08:16] {hawkfan4} yep
[08:18] {Threei} wow
[08:18] {Threei} INCA bid on UAUA
[08:18] {Threei} if true
[08:19] {hawkfan4} a monster
[08:19] {Threei} let's see if it stays after couple sales
[08:20] {Threei} sheesh, chasing up
[08:21] {hawkfan4} in .46
[08:21] {Threei} haha
[08:21] {Threei} in .42
[08:21] {hawkfan4} :)
[08:21] {Threei} 500 at .40 and 500 and .44
[08:22] {Threei} offering .60
[08:23] {Threei} some "probing" sales, bid holds
[08:25] {Threei} absorbing sales... he IS real
[08:25] {Threei} out
[08:25] {Threei} will try to re-enter lower
[08:25] {hawkfan4} me too, out .50
[08:32] {Threei} FNM does a lot of dancing here
[08:32] {Threei} new bidder came to UAUA... ugh
[08:33] {Threei} bidding .56
[08:33] {Threei} got 200
[08:34] {Threei} 765
[08:35] {Threei} OK, enough for premarket play, canceled the rest
[08:35] {hawkfan4} you're much more patient than i am, grabbed those .60's when they were offered
[08:36] {Threei} there were a few prints at .56, so I thought maybe hidden offer
[08:36] {Threei} offering .70
[08:40] {Threei} USO selling
[08:43] {Threei} message to UAUA big bidders: stop bidding, take out those offers (mine included)
[08:44] {hawkfan4} no kidding, quit dilly dallying and take it up to 16! :)
[08:45] {Threei} yeah
[08:45] {Threei} ugh, USO upticking
[08:45] {hawkfan4} out, oild spiking
[08:46] {Threei} me too
[08:46] {pita} Greeting all - welcome back Vad! - a day late........
[08:46] {Threei} the play is not over I am sure
[08:46] {Threei} hi pita, thankl you
[08:50] {esemde} morning......Vad your too...was up the island
[08:51] {Threei} hi ese
[08:51] {esemde} are you relaxed after your holiday
[08:51] {Threei} me is back, and we had quite nice day yesterday
[08:51] {Threei} very much so
[08:52] {Threei} couple pics done on the go:
[08:53] {esemde} ok
[08:55] {GeoArb} gm all
[08:56] {esemde} whoa...the first one is surreal......looks like a painting
[08:56] {Threei} Geo :)
[08:56] {GeoArb} how was vacation vad?
[08:56] {Threei} no kidding, hard to believe it's not an extensive Photoshop work
[08:56] {Threei} fantastic geo
[08:56] {GeoArb} nice :)
[08:57] {Threei} the only downside is darn all-you-can-eat
[08:58] {cosmo} it can be expensive if you're not really humgry
[08:58] {cosmo} hungary
[08:58] {cosmo} hmm
[08:59] {cosmo} hungery?
[08:59] {Threei} ceratinly tough on one's waisteline
[09:02] {magoo} morn
[09:02] {Threei} magoo :)
[09:04] {Onix} Good morning
[09:04] {Threei} hi Onix, welcome back
[09:05] {Onix} Thanks
[09:05] {Threei} FRE
[09:05] {Raven}
[09:05] {cosmo} ah ... i was concerned..
[09:06] {Raven}
3 you need to be concerned :)
[09:06] {cosmo} sigh...yeah
[09:06] {Threei} hungry is one thing you don't get on cruise ship
[09:07] {Raven}
3 hungry decreases with age too ...
[09:07] {cosmo} oh
[09:08] {judijim} good morning all
[09:08] {Threei} jj :)
[09:09] {Threei} initial assumptions for the plays today: looking to short FNM at some point, looking for UAUA long if oil continues slide
[09:09] {cosmo} seniors should get a discount then
[09:10] {Threei} so far 6.20 is FNM's resistance
[09:10] {Raven}
3 they do at some groc stores around here
[09:10] {Raven}
3 but you have to remember to tell them that you are old
[09:11] {magoo} thats a heck of a uso spike
[09:11] {cosmo} its so hard to remember that
[09:11] {Raven}
3 I know
[09:11] {Raven}
3 so I usually strike out
[09:12] {cosmo} and pay in full...
[09:12] {Raven}
3 yup
[09:14] {cosmo} XFML tests 3 on pull back
[09:15] {Threei} [XFML] Xinhua Finance Media Ltd-ADR Reports Q2 $0.10 v $0.07e, R $48.9M v $49.3Me
[09:15] {Threei} - Guides Q3 $0.11-$0.12 v $0.09e, R $52M-$54M v $54.2Me
[09:15] {Threei} - Guides FY08 $0.33-$0.35 v $0.29e, R $198M-$208M v $199.2Me
[09:16] {fernp} Good morning all
[09:16] {Threei} fern :)
[09:19] {peterg} This is a test of the Dragon NaturallySpeaking good morning group. Now I can talk without typing
[09:19] {peterg} So I can fill the space endlessly with chatter
[09:19] {Threei} wow
[09:19] {patience} will it do your trades for you peter?
[09:19] {peterg} That's next
[09:19] {peterg} Them on to world domination
[09:20] {Threei} yeah, make sure it doesn't accidentally enters orders
[09:20] {peterg} I think I'll go back to typing is a little more relaxing
[09:20] {patience} tell it: buy patience 10,000 shares of google
[09:20] {peterg} done!
[09:21] {patience} very generous of you peter, ty :))))
[09:21] {pita} Dragon is great - I use it all the time - but not for tradong
[09:21] {peterg} there is now a version ten, mine is 9 but pretty good.
[09:21] {Threei} I resist progress.. but maybe I need to try it
[09:21] {pita} I have 9 too
[09:22] {pita} It doesn't mis-spell
[09:22] {Threei} haha
[09:22] {peterg} it is good for a lot of communication, but it can really screw up
[09:22] {Threei} don't underestimate me
[09:22] {pita} sometimes you get gibberish
[09:22] {Threei} with my prononciation it WILL misspell
[09:22] {peterg} it will force a word
[09:23] {peterg} on you.
[09:23] {GeoArb} yeah it doesnt do well with accents
[09:23] {pita} there is always Rosetta stone
[09:23] {Threei} is there trial for it?
[09:23] {pita} don't know
[09:30] {Onix} Am I still logged in?
[09:30] {Threei} yes sir
[09:30] {magoo} nope
[09:30] {peterg} maybe
[09:30] {pita} take a vote
[09:30] {Onix} tknx
[09:30] {Threei} FNM .18 short
[09:30] {Threei} if stays below .25
[09:31] {Threei} half out
[09:31] {Threei} 6.03
[09:32] {Threei} stop .21 for the second half
[09:33] {Threei} out for now
[09:36] {Threei} watching USO for loss of 91
[09:36] {Threei} if happens, UAUA should launch
[09:36] {Threei} if breaks .25, no play
[09:39] {Threei} UAUA went up in anticipation... USO still holding support
[09:39] {Threei} if you took it aggressively, take profit here
[09:40] {Threei} USO is really unclear in this range
[09:40] {Threei} if loses 91, UAUA is still a play on .50 break
[09:41] {Threei} on the other end of spectre, USO is long on .25 break
[09:41] {Threei} smaaaal shares
[09:42] {Threei} in aggresively
[09:42] {magoo} .36
[09:43] {Threei} .19 stop'
[09:43] {Threei} die USO
[09:46] {Threei} half out
[09:46] {Threei} just to be safe
[09:47] {Threei} NQ drops
[09:47] {Threei} but thing looks OK
[09:47] {Threei} sokind of insurance against sudden move
[09:49] {Threei} took some off the table?
[09:50] {Threei} offer second half .65 - .70
[09:50] {Threei} stop .29
[09:51] {hawkfan4} took 1/2 off at .54
[09:51] {Threei} USO new low
[09:54] {Threei} out .65
[09:54] {GeoArb} is uso shortable for you guys?
[09:54] {Threei} .70 hit too
[09:55] {Threei} no Geo
[09:55] {GeoArb} same here
[09:55] {Threei} OK, no excuse for not profiting on UAUA here
[09:55] {Threei} clean play, no matter whether you took it aggressively or on .50 break
[09:56] {GeoArb} good call vad
[09:57] {Threei} ty
[10:01] {Onix} Thanks Vad, I got 5c + 10c + 7c & -12c
[10:01] {Threei} lemme compute
[10:02] {GeoArb} 10?
[10:02] {Threei} +10 cents I think overall
[10:02] {GeoArb} depends on scaleouts
[10:02] {Threei} but I am ready to stand corrected
[10:02] {Onix} played it 4 x
[10:02] {GeoArb} i was in late
[10:03] {GeoArb} in 55 out 79
[10:03] {GeoArb} :)
[10:03] {GeoArb} 200 shares only trying to get into the groove
[10:03] {GeoArb} havent traded much in aug
[10:04] {Threei} lazy bones
[10:04] {GeoArb} whaaat? low vol august
[10:04] {GeoArb} mom/bro/in laws visiting
[10:04] {GeoArb} :)
[10:04] {GeoArb} i am just happy to be able to check email
[10:05] {Threei} sure... I just like to diss people
[10:05] {GeoArb} good to be pressing keys though
[10:08] {Threei} SOLR small shares long on pullback under .50
[10:09] {Threei} not going to take offer
[10:09] {Threei} under .50 or no play
[10:09] {Threei} .40 -.45 is entry idea
[10:09] {Threei} with stop under .30
[10:10] {esemde} I like that one Vad.....i'll wait with you
[10:11] {Threei} this one got away
[10:11] {Threei} of well
[10:12] {magoo} yup
[10:12] {Threei} FNM
[10:12] {Threei} .94 short if stays under 6.10
[10:16] {Threei} ugh SOLR
[10:17] {magoo} its our UAUA of yesterday
[10:17] {magoo} in fnm .97
[10:17] {magoo} sh
[10:17] {GeoArb} hmmm i cant short fnm
[10:21] {magoo} tarhet vad?
[10:21] {Onix} got +13c on FNM ss thnaks Vad, playing my 100 shares
[10:21] {Threei} partial at 1:1
[10:21] {Threei} Onix :)
[10:21] {magoo} half .85
[10:22] {Threei} see, my problem with it is,
[10:22] {magoo} going to 4?
[10:22] {Threei} I am confident it goes much lower
[10:22] {Threei} but it won't be any kind of straight line
[10:22] {Threei} and bounces will be very tough to handle
[10:23] {magoo} we need to try and sh the bopunce..i know ..tough but
[10:23] {Threei} so partial out is ideal way for it
[10:23] {Threei} control the risk and give it a chance
[10:25] {Threei} LEH
[10:25] {Threei} 13.99 short
[10:25] {Threei} half lot
[10:25] {Threei} stop .21 for now
[10:27] {Threei} see FNM?
[10:28] {GeoArb} ooooo
[10:28] {magoo} in sh leh ag
[10:28] {magoo} .07
[10:31] {Threei} watch USO/UAUA here
[10:31] {Threei} if USO forms double top, UAUA will be good play off 15
[10:36] {magoo} anyone sh LEH?
[10:37] {GeoArb} me
[10:37] {GeoArb} small though
[10:37] {hawkfan4} im in leh from .03
[10:41] {Threei} - Also says he doesn't see US productivity on slide
[10:42] {GeoArb} economist had a semi positive report on US real estate
[10:42] {Threei} probably trailing LEH to .15 makes sense here
[10:42] {GeoArb} over the weekend
[10:43] {Threei} if it doesn't break down soon, no need to endure bigger bounce
[10:44] {Threei} TASR
[10:44] {esemde} Long Waren Buffet....
[10:44] {Threei} - GE rumored as potential acquirer{
[10:44] {Onix} SS LEH few min earlier on 13.96
[10:44] {Threei} TASR
[10:44] {esemde} sorry thats NVDA
[10:45] {esemde} 13.40
[10:45] {Threei} .29 stop ese?
[10:46] {esemde} full lot.....yes....29 stop
[10:46] {Threei} die already LEH
[10:46] {esemde} don't mind going the full lot here...plenty of liquidity
[10:47] {Threei} yup
[10:48] {esemde} need some index to start going my way though
[10:49] {esemde} ndx and comp looked like it for a moment
[10:50] {esemde} would be nice if it comvered the gap from 13 to 18
[10:53] {Threei} covering half LEH here
[10:53] {Threei} scalpers know what to do
[10:54] {Onix} got my +13c on 100 sh thnx Vad
[10:54] {Threei} :)
[10:54] {Threei} FRE
[10:55] {magoo} out leh .75 ty vad
[10:55] {Threei} stop to 14.01
[10:55] {Threei} for the balance
[10:55] {Threei} welcome sir
[10:55] {GeoArb} vad you should take vacation more often
[10:55] {Threei} happily
[10:56] {Threei} but if it's going be all cruises, I won't squeeze through the office door
[10:56] {GeoArb} maybe
[10:56] {GeoArb} you caould trade from the cruise
[10:57] {Threei} uhhu
[10:57] {esemde} whadayathink.....Lehman Bros becomes a penny stock again.........anybody else want to predict that
[10:57] {Threei} that's exactly what is on my mind during cruise fun :)
[10:58] {esemde} anybody know the reasons for Buffet buying into Navidia
[10:59] {esemde} Nvidia....sorry
[11:00] {Threei} hope cruise bosses do not read that - but I am the guy who not only managed to get decently drunk during liquor tasting (with thise little timbles, no less, but also got both girls pouring samples fairly close to drunk
[11:00] {Threei} now, you see me trading from cruise ship?
[11:00] {GeoArb} lol
[11:00] {hawkfan4} :)
[11:01] {Threei} who knows ese... he does deep research
[11:01] {Threei} unlike us who do research in 3 milliseconds
[11:01] {Onix} sounds like you had a great time Vad! .. wtg!
[11:01] {Threei} sure did
[11:01] {Threei} Hubbard Glcier is something to see
[11:02] {Threei} all those huge chunks of ice dropping in the water with splash
[11:02] {Onix} real-time must certainly be much better than on TV
[11:03] {Threei} stunning
[11:03] {Threei} oh, and I also am the guy who came to second formal dinner in jeans, thought it was next day
[11:03] {Threei} saw all the people around in taxedos
[11:03] {Threei} asked waiter what the heck
[11:03] {Threei} shrugged and never went to change
[11:03] {GeoArb} i hate that
[11:04] {GeoArb} people scrimp around for deals
[11:04] {GeoArb} and eat in tuxedos
[11:04] {GeoArb} its a vacation.... i f i need to suit up i would go to a conference
[11:04] {Threei} I look in taxedo about as natural as hyppo under the saddle
[11:04] {GeoArb} lolol
[11:04] {Threei} or cow in tutu
[11:05] {Onix} lol
[11:05] {fernp} lol
[11:05] {magoo} taxedo
[11:05] {magoo} tux
[11:05] {Threei} if you take a look at my renewed photo at homepage though
[11:05] {GeoArb} i saw that
[11:06] {Threei} sometime I do manage to look more or less bearable in suit and tie
[11:06] {GeoArb} you dating again vad?
[11:06] {Threei} lol
[11:06] {Onix} you look distinguished
[11:06] {Threei} let me copy and save that
[11:07] {Threei} not often I hear anything of kind
[11:07] {GeoArb} hehe now i gotta go back and check
[11:07] {Threei} LEH, either makes double bottom here or breaks down,
[11:07] {Threei} levels are
[11:08] {Threei} for bouble bottom confirmation .88
[11:08] {Threei} for breakdown .70
[11:08] {Threei} so you have your structure for setup
[11:08] {Threei} long at .88 if holding above .72
[11:08] {Threei} or short at .72 break if staying under .90
[11:09] {Threei} both plays are half lot
[11:09] {Threei} for those who hold the balance from otiginal play, that's a new stop
[11:09] {Threei} .90
[11:09] {Threei} breakdown
[11:09] {Threei} good
[11:09] {Threei} bidding .60 for the balance
[11:10] {esemde} hmmmm thought i was gonna be stopped there
[11:11] {Onix} ss LEH @ 13.68
[11:11] {Threei} too vertical into support ese... usually bounces after that
[11:14] {esemde} tks
[11:18] {Threei} stop to .81 LEH
[11:20] {Threei} covered the balance LEH
[11:20] {Threei} +.38
[11:22] {hawkfan4} nice vad
[11:22] {magoo} good one boiss
[11:22] {Threei} ty
[11:22] {GeoArb} nice
[11:22] {GeoArb} broke down more but i am happy with the banked money
[11:23] {Threei} yeah
[11:23] {GeoArb} o got a way to predict that vaD?
[11:23] {GeoArb} you
[11:23] {GeoArb} :)
[11:23] {Threei} sure but I am not telling
[11:23] {GeoArb} hehe
[11:24] {Threei} that monkey that throws darts for me - you think I'd ever give azway that secret to successful tradingZ?
[11:24] {Onix} got +13c more on LEH thx Vad
[11:24] {Threei} welcome :)
[11:24] {GeoArb} okkkk he knew
[11:25] {esemde} stopped
[11:26] {magoo} as in raise??
[11:26] {esemde} never liked his insurance company anyway...
[11:26] {Threei} I believe so mags
[11:27] {magoo} vad, thoughtd here on mkt direction?
[11:27] {Threei} none so far
[11:27] {magoo} focus :)
[11:28] {Threei} shapeless aimless listless wandering closely resembling drunk blind one-legged snail staggering through tghe molases
[11:28] {Threei} how's that for market reading?
[11:29] {magoo} just replace one word
[11:29] {magoo} snail =magoo
[11:29] {Threei} lol
[11:29] {Threei} Onix, covered just in time LEH, eh?
[11:30] {Onix} what a luck!~
[11:30] {Threei} luck favors you know who
[11:31] {Threei} (hint - dino)
[11:31] {GeoArb} lck favors dino?
[11:31] {Threei} that's what dino says
[11:31] {Threei} although I prefer to think og him as prepared mind
[11:32] {GeoArb} luck favors the prepared mind or something like that
[11:32] {Threei} :)
[11:32] {GeoArb} lois pasteur
[11:32] {magoo} who is this one calleed dino of which u speak?
[11:33] {GeoArb} you mean the vacationist?
[11:33] {Threei} one who tries to drink all your beer before you get to it
[11:33] {Threei} which leads to a healthy competition
[11:34] {magoo} i got news for u...he luckier at trtading than getting to the beer {hiccup}
[11:34] {Threei} winner is the one who manages to open fridge door right when the forehead of competitor is in the way of it
[11:34] {GeoArb} very deep
[11:34] {magoo} and grab last one
[11:35] {Threei} that's how Chaeron got my beer once, Geo... since then I don't see or hear very well, but developed six sense for the market direction
[11:36] {Chaeron} :)
[11:36] {GeoArb} hmmm
[11:36] {Chaeron} morning all
[11:36] {Threei} oh hi Chaeron :)
[11:36] {GeoArb} he had said i could drop by anytime
[11:36] {GeoArb} (careful now)
[11:36] {Threei} ah come on, it's worth it
[11:36] {GeoArb} market direction
[11:36] {GeoArb} worth it
[11:37] {Threei} that, and nice fireworks in front of your eyes when that door contacts the forhead
06[11:37] * magoo slaps Chaeron around a bit with a large trout
[11:38] {Threei} USO feels to drop from here
[11:40] {Threei} loss of .45 should trigger slide
[11:40] {Threei} over .60 invalidated
[11:40] {Threei} broke down
[11:41] {GeoArb} but we cant trade it :(
[11:41] {Threei} no, but we can trade UAUA off it
[11:41] {GeoArb} short that is
[11:41] {Threei} invalidated anyway
[11:41] {GeoArb} i did that :)
[11:41] {GeoArb} and am neg
[11:41] {GeoArb} wwas slow
[11:42] {Threei} where are you in?
[11:42] {GeoArb} sniff
[11:42] {GeoArb} 100 shares od 14.56
[11:42] {Threei} .39 stop
[11:42] {Threei} let it trade
[11:43] {Threei} it doesn't look too bad, won't drop so far even with USO upticks
[11:43] {GeoArb} stop in place
[11:43] {Threei} even if uncomfortable and want out, your loss here is negligible
[11:43] {GeoArb} did 100 as uaua was an expriment before you called it
[11:46] {Threei} too much strength USO
[11:46] {GeoArb} out
[11:46] {Threei} yup
[11:50] {magoo} im watching uso as a long trade
[11:53] {Threei} how very unpatriotic
[11:54] {GeoArb} he just wants wind and solar to grow
06[11:58] * magoo slaps laserdave1 around a bit with a large trout
06[11:58] * Threei slaps laserdave1 around a bit with a large trout
06[11:59] * Chaeron slaps laserdave1 around a bit with a large trout
[11:59] {Threei} good read on USO mags
[12:00] {magoo} aapl sh
[12:00] {magoo} .15
[12:00] {Threei} - Secondary dealers of ARS are still under investigation
[12:00] {Threei} ars?
[12:02] {magoo} wait
[12:02] {magoo} OUT
[12:02] {magoo} .79
[12:02] {magoo} easy
[12:03] {magoo} buttox
[12:03] {Threei} good one
[12:03] {magoo} er button
[12:03] {magoo} sigh spelling/tyuyping
[12:03] {magoo} buttox
[12:03] {magoo} lol
[12:03] {hawkfan4} nice mags, still in from 92.15
[12:03] {Threei} wow oil
[12:03] {Threei} what the
[12:03] {magoo} carefu;l
[12:03] {magoo} bank it
[12:04] {hawkfan4} 1/2 out 94.14, other 1/2 93.75, full lot :)
[12:04] {Threei} wtg
[12:04] {hawkfan4} that was lucky
[12:06] {Threei} watching UAUA for bounce scalp
[12:07] {Threei} - Notes Russia has made about $1B in GSE bond investments.
[12:08] {hawkfan4} in uaua
[12:09] {Threei} anticipatory entry...
[12:09] {pita} later all
[12:09] {Threei} take care pita
[12:09] {magoo} bye pita
[12:09] {hawkfan4} too soon, out
[12:09] {Threei} with this wierd USO behavior and no news, I'd prefer to see that big bar
[12:09] {Threei} with delay for UAUA giving window of opportunity
[12:11] {Threei} Onix, look dcc please
[12:11] {Onix} ok
[12:14] {Onix} trying but don't know how Vad?
[12:15] {Threei} just click on a window with my nick in red
[12:15] {Threei} and you'll see it
[12:15] {Threei} or doubleclick on my nick right here
[12:20] {hawkfan4} USO crazy
[12:23] {esemde} long Warren Buffet again.....13.16
[12:23] {esemde} NVDA
[12:44] {magoo} l uaua .84
[12:45] {GeoArb} i am curious magoo
[12:45] {GeoArb} what time fram chart are yo looking at?
[12:46] {magoo} 5 minutes
[12:46] {GeoArb} thanks
[12:46] {magoo} exit hopefully 14.21
[12:48] {magoo} .64 stiop
[13:00] {magoo} out .05+
[13:01] {peterg} out uaua?
[13:01] {magoo} yes
[13:01] {magoo} 5 min up
[13:01] {Threei} nice one
[13:01] {magoo} +24
[13:02] {peterg} me too + 17 tgks mag
[13:02] {magoo} :)
[13:02] {magoo} my trades are desighned short term
[13:03] {peterg} designer trades
[13:03] {GeoArb} 2
[13:03] {GeoArb} oops
[13:05] {Threei} magoo is now know and Armani
[13:06] {Threei} and = as
[13:20] {peterg} does leh want to go down more yet?
[13:21] {peterg} not now
[13:21] {Threei} hard to tell
[13:21] {GeoArb} probably in my books
[13:22] {GeoArb} well my book got torn
[13:27] {peterg} Rick Nelson: my bucket's got a hole in it.
[13:27] {Threei} wow UAUA
[13:39] {peterg} true test of trader is coping with boredom; I am eating dark chocolate. any better ideas?
[13:39] {Threei} yes
[13:39] {GeoArb} i watch prn
[13:39] {peterg} pm"
[13:39] {peterg} ?
[13:40] {GeoArb} heheheh
[13:40] {Threei} I like counting fingers on my left haand, then onright hand, then comparing them
[13:40] {Threei} doing it three times
[13:40] {Threei} and seeing if I get the same result
[13:40] {peterg} thats goood
[13:40] {Threei} if I do I win
[13:40] {Threei} so far I win 9 times out of 10
[13:40] {Threei} and it puts me in a good mood
[13:41] {peterg} prime minister
[13:47] {magoo} vad, what u stalking?
[13:48] {Threei} still same old UAUA
[13:48] {Threei} just can't get a read on USO at the moment
[13:48] {Threei} FNM looks just as sick as it did yesterday too
[13:49] {Threei} but no clear play for now
[13:53] {magoo} ok
[14:06] {magoo} is volume as light today as yesterday anyone??
[14:07] {GeoArb} well es seems already more than yesterday
[14:07] {GeoArb} and its only half time
[14:23] {Threei} oil drop is coming it seems
[14:23] {GeoArb} leh at lows
[14:24] {Threei} nope, wrong
[14:25] {Threei} or right
[14:42] {Threei} LEH continues slide
[14:46] {esemde} were getting that point where do I say....hmmm...take half and let half ride till tomorrow or do I just toast it at the end of the day....NVDA
[14:47] {Threei} I wish I had what to say about it ese
[14:47] {Threei} just too narrow to get any read
[14:47] {Threei} daily looks rather nice
[14:47] {Threei} follow through is a big question mark
[14:49] {esemde} indeed....well i'm up .24 now is a bif if these days.....will probably be flat at end of day
[14:50] {Threei} wouldn't we all
[14:50] {GeoArb} hehehehe
[14:51] {GeoArb} that didnt help s in BSC
[14:51] {GeoArb} us
[14:51] {Threei} magoo
[14:51] {Threei} up
[14:52] {Threei} {--- answering unasked question
[14:53] {magoo} was just typing that
[14:53] {magoo} if so AAPL may pop\
[14:54] {magoo} any recent aapl/rimm news??
[14:55] {Threei} not really
[14:55] {Threei} this little NQ pullback should be a bull flag
[14:55] {magoo} huh?
[14:56] {Threei} small retreat before advance
[14:56] {Chaeron} regrouping for attack :)
[14:57] {Threei} OK... jump from here or bets are off
[14:58] {Threei} volume dried up nicely on retreat, now time to recover with bigger volume to confirm flag
[14:59] {peterg} uhhh, whatcha buyin & sellin
[14:59] {peterg} anyting
[14:59] {Threei} if materializes, UAUA
[14:59] {peterg} ?
[14:59] {Threei} maybe LEH for scalp
[15:01] {Threei} doesn't look like going to work from here
[15:01] {Threei} staying on sideline
[15:02] {Threei} nope, no recovery
[15:04] {peterg} nihongo wa dekimaska!
[15:04] {Threei} you think?
[15:04] {peterg} for sure
[15:06] {peterg} better would be anata wa Nihon-go o hanashite dekimasu ka.
[15:06] {GeoArb} googling like crazy
[15:07] {GeoArb} i need to watch more anime
[15:07] {peterg} good plan
[15:07] {GeoArb} Are you able to speak Japanese
[15:08] {peterg} once a long time ago a little
[15:08] {peterg} now all but gone
[15:08] {GeoArb} rosetta stone!
[15:08] {peterg} o yeah
[15:09] {GeoArb} i am thinking of learning mandarin
[15:09] {peterg} wow
[15:09] {GeoArb} might as well
[15:09] {Chaeron} hmmm I was too
[15:09] {peterg} I m going to Beijing in october maybe
[15:09] {GeoArb} i not anything else.... ill order well in east la
[15:09] {GeoArb} i
[15:09] {GeoArb} if
[15:10] {peterg} fried octopus with hot sauce
[15:12] {GeoArb} i always have to take a chinese buddy here
[15:12] {GeoArb} ill learn mandarin and show him !!!
[15:13] {peterg} ahh-yum!! btw how get urls onto discussion?
[15:13] {GeoArb} copy paste?
[15:14] {peterg} let me try
[15:16] {peterg} browser does not seem to want to put it here
[15:17] {GeoArb} ctrl c ctrl v
[15:17] {peterg}
[15:17] {peterg} amazing!! thanks
[15:17] {Threei} IVAN
[15:17] {Threei} - CEO Friedland said that while talks are at an advanced stage toward an agreement to develop Ecuador's Block 20, known as the Pungarayacu oil field, no final agreement to embark upon the project has been entered into either by PETROECUADOR or the Ivanhoe Energy board of directors.
[15:17] {Threei} - There can be no assurance that a final agreement will be signed
[15:18] {GeoArb} we use ibm viavoice
[15:19] {GeoArb} as it has separate dictionaries specializing in law and medicine
[15:19] {GeoArb} atleast it used too
[15:19] {esemde} out nvda .46 +30
[15:19] {peterg} for a zillion dollars you can get that on dragon'
[15:19] {GeoArb} not mine....
[15:19] {GeoArb} company
[15:19] {Threei} good one ese
[15:19] {esemde} tks
[15:20] {peterg} how long were you long?
[15:22] {peterg} Further research question: what is avg number of open positions, or variation during day?
[15:22] {esemde} was in originally at .40 around 8am stopped at 8:20 or so
[15:22] {esemde} then
[15:23] {esemde} was back in at .16 about 9:15
[15:23] {peterg} you worked it
[15:23] {esemde} long most of the day i guess peter...when you think about it
[15:24] {esemde} definately worked it
[15:26] {esemde} i'm outta here all...see you tomorow...
[15:26] {magoo} bye se
[15:26] {peterg} later
[15:26] {Threei} take care ese
[15:26] {esemde} mags
[15:26] {esemde} vad
06[15:26] * magoo slaps esemde around a bit with a large trout
[15:26] {esemde} tks...i needed that
[15:29] {peterg} who said this: "You have to grind it out, survive this period of the learning ccurve. And it could be really long, often a year or two, possibly longer, and very seldom less than a yearr.
[15:29] {peterg} identify author pls
[15:30] {Threei} sounds vagualy familiar
[15:30] {peterg} for prize
[15:30] {peterg} page #?
[15:30] {Threei} lol, I don't even remember which of books
[15:30] {peterg} TTR
[15:31] {Threei} well
[15:31] {Threei} since I have electronic text, I can cheat
[15:32] {peterg} I am in the grinding phase of the learning curve
[15:33] {Onix} welcome to the CLUB peter
[15:33] {peterg} THnks
[15:33] {judijim} have a nice evening all, be back tomorrow
[15:33] {Onix} it sure ain't easy, but i'm hanging in there
[15:33] {Threei} take care jj
[15:34] {peterg} bye jj
[15:34] {magoo} bye jj
[15:46] {peterg} well, wrapping up paperwork, profit sharing plans blah blah
[15:46] {GeoArb} profit sharing?
[15:46] {GeoArb} is vad giving money away?
[15:47] {peterg} i am so bored that i am one inch tall
[15:47] {GeoArb} i am so bored that i am making up random intelliscans
[15:47] {peterg} no i am sharing moneyh with future self
[15:47] {Threei} lol
[15:47] {Threei} I don't
[15:47] {Threei} future self can make his own money
[15:48] {peterg} point
[15:48] {GeoArb} future self for vad is kids
[15:48] {GeoArb} thats cold vad
[15:49] {peterg} in four yeares I can begin to get US social security--and im not even old
[15:49] {GeoArb} wot?
[15:50] {peterg} govt will give me big bux not to work, but to play all day
[15:50] {GeoArb} thats it
[15:50] {GeoArb} i am republican as of today
[15:50] {peterg} vad gives me lifetime subscription to trading room
[15:51] {Threei} and I am not even american
[15:51] {peterg} you canadienses are so nice
[15:51] {GeoArb} you must be on vads platinum group
[15:51] {GeoArb} heheh
[15:51] {peterg} the new group, diamond platinum
[15:51] {GeoArb} as in you pay in platinum
[15:52] {Threei} I take luxury watches too
[15:52] {Chaeron} and sides of bacon
[15:52] {Threei} Omega Constellation Double Eagle will do
[15:52] {GeoArb}
[15:52] {GeoArb} still in infancy
[15:52] {Threei} LEH finishes near low
[15:53] {GeoArb} the only onces that it sit out today were..... MER WFC CSCO BAC
[15:53] {GeoArb} spit
[15:53] {GeoArb} 3 financials
[15:54] {Threei} what is it indicative of?
[15:54] {GeoArb} heavy put buying
[15:54] {Threei} got it
[15:54] {GeoArb} more than certain vol and ration
[15:54] {Threei} so do we dare take LEH short overnight?
[15:54] {GeoArb} + breaking res
[15:55] {peterg} u guys shorting overnite on Laser?
[15:55] {Threei} support you mean?
[15:55] {GeoArb} sorry yes
[15:55] {GeoArb} was reading this
[15:55] {GeoArb}
[15:56] {GeoArb} so made this scan and lo and behold same culprits
[15:56] {Threei} lol, I posted iot first thing in the morning
[15:56] {GeoArb} funny that put buying supports it
[15:56] {GeoArb} lots of speculative positioning
[15:58] {Threei} Ok guys
[15:58] {Threei} first half of the day was a beat
[15:58] {Threei} beauty
[15:58] {hawkfan4} beauty
[15:58] {Threei} then it became pointless and boring
[15:59] {GeoArb} yeah
[15:59] {GeoArb} fall better be good
[15:59] {Threei} it will
[15:59] {GeoArb} cheers all
[15:59] {Threei} even this is much better than your usual; August
[15:59] {peterg} TTFN!!
[15:59] {GeoArb} ?
[15:59] {Threei} thank you all, have a good evening
[15:59] {hawkfan4} thx vad, cya all
[15:59] {peterg} ta ta for now
[15:59] {Threei} see you tomorrow
[16:00] {fernp} good afternoon all. see you tomorrow.
[16:00] {Onix} Thanks Vad, & all ... until tomorrow

Monday, August 18, 2008

Aug 18 2008

[08:49] {hawkfan4} good morning
[08:52] {cosmo} brave new week
[08:52] {hawkfan4} always an adventure
[08:55] {Threei} Good morning RT!
[08:55] {hawkfan4} welcome back Vad
[08:55] {Threei} thank you :)
[08:56] {Threei} how was the week?
[08:56] {Raven}
3 weak
[08:57] {hawkfan4} pretty good actually. was over goal going into friday, started to give back some so i shut it down
[08:57] {Threei} nice
[08:57] {Threei} what's moving?
[08:57] {Raven}
3 you had more fun
[08:57] {cosmo} DYAX
[08:58] {cosmo} 5.60 so far
[08:58] {hawkfan4} UAUA/oil still working, scalping USO
[09:00] {Threei} 07:30am [DYAX] Reports that DX-88 for Hereditary Angioedema met primary and secondary endpoints in a Phase III trial
[09:01] {Threei} couple of quick and dirty done highlights:
[09:02] {hawkfan4} wow, that looks really cool
[09:03] {cosmo} you wore cleats?
[09:03] {Threei} helicopter tour to glacier
[09:03] {Threei} stuff right out of Discovery channel, things you'd never think you could see other than on TV
[09:04] {cosmo} any bears?
[09:04] {Threei} not within easy reach
[09:04] {Threei} couple stunning bald eagle photos
[09:04] {Raven}
3 nice
[09:06] {Raven}
3 sheesh ... glacial surface looks like it is downwind of Pittsburg
[09:07] {cosmo} ?
[09:07] {Raven}
3 dirty
[09:07] {cosmo} ah
[09:07] {Raven}
3 try some coffee, cosmo, might help
[09:08] {hawkfan4} lol
[09:08] {judijim} good morning all and welcome back VAD
[09:08] {Threei} hi jj, thank you :)
[09:10] {cosmo} ice coffee?
[09:10] {cosmo} nah
[09:10] {Raven}
3 dig under the surface first
[09:11] {Threei} I see financials do not fare particularly well
[09:11] {Threei} was mostly oil that motivated the market?
[09:11] {Raven}
3 I'm sure that comes as a surprise to you ... financials :)
[09:11] {Threei} hehe
[09:12] {fernp} Good morning all
[09:12] {fernp} welcome back Vad
[09:12] {Threei} morning fern, thank you
[09:13] {Raven}
3 you missed an interesting week in Georgia, 3i ...
[09:13] {Threei} did take quick look on TV now and then
[09:13] {Threei} so mostly know what happened
[09:14] {Raven}
3 1950's again ?
[09:14] {Threei} attempt at, sure
[09:14] {Threei} well timed too
[09:14] {Raven}
3 sheesh
[09:14] {cosmo} 1984?
[09:14] {Threei} and executed quite competently
[09:15] {Raven}
3 executed is the word
[09:15] {Threei} no doubt send shudders through all the former vassals
[09:15] {Raven}
3 and through everybody else
[09:16] {Threei} well should
[09:16] {Threei} re-emergence of power with such level of, umm, benevolence...
[09:17] {Threei} eager to take revenge for humiliation of last decades
[09:17] {cosmo} let go of blame and shame, i say...
[09:18] {Raven}
3 this is not the 21st century, cosmo ....
[09:18] {cosmo} more like the 13th
[09:18] {Raven}
3 many in the world still in the 7th
[09:20] {peterg} welcome to the real world, neo! (from movie)
[09:21] {peterg} same as gm all
[09:21] {peterg} blue pill or red pill, rbr?
[09:21] {Raven}
3 no pills but I do need some tea ...
[09:22] {Threei} hi peter
[09:22] {peterg} welcome back vad
[09:22] {Threei} thank you
[09:22] {tomg} gm all, welcome back, vad :)
[09:22] {Threei} tom :)
[09:22] {cosmo} CDNS
[09:23] {Threei} here is what I wanted to do all week:
06[09:23] * Threei slaps magoo around a bit with a large trout
[09:23] {magoo} VAD!!!!!!!!!!!!!!
[09:23] {magoo} how was vaca?
[09:23] {Threei} hi mags :)
[09:23] {Threei} fantastic
[09:23] {Threei} what a majestic place
[09:24] {Threei} [09:01] {Threei} couple of quick and dirty done highlights:
[09:24] {magoo} yes...its a lifetime type vacation
[09:24] {Threei} 00:21am [CDNS] CitiGroup Raised CDNS to Buy from Hold, price target: $11.50
[09:25] {Threei} I wish there was no all-you-can-eat though
[09:25] {Threei} dino predicted +12 lb... I managed to keep it down to +5
[09:27] {Raven}
3 lol
[09:27] {magoo} nice pics vad, i did the chopper ride to glaciers
[09:27] {dptl} good morning all
[09:27] {Threei} dp :)
[09:27] {Threei} loved every minute of it mags
[09:28] {magoo} we did alaskan criuse for honeymoon
[09:28] {Threei} especially pilot's request not to use a handle on the door as support, lest door gets torn off
[09:28] {Threei} when we returned to base I asked if I can do it now,
[09:28] {Threei} on pilot's question "why??" sdaid "I want to boast I tore it off with my bare hands"
[09:29] {hawkfan4} :)
[09:29] {Threei} our flight was first in 4 days, rain kept tham grounded
[09:29] {Threei} a lot of disappointed people I guess... I got lucky to have decent weather
[09:29] {Raven}
3 chopper flew from ship or ground base ?
[09:30] {Threei} ground base
[09:31] {Raven}
3 k
[09:31] {Threei} USO still moving up, watching for setback
[09:31] {Threei} relation with UAUA looks valid
[09:32] {Threei} .75 support so far, want a little pullback now, bottoming out not lower than that
[09:34] {Threei} unclear here
[09:34] {Threei} need sharp USO move
[09:36] {Threei} .66 long if stays above .60
[09:36] {magoo} wow..its dowen
[09:37] {magoo} can see my improvemt in spelling while away vad?
[09:37] {Threei} hehe
[09:37] {magoo} dowen
[09:37] {Threei} .51 long if stays above .45
[09:38] {magoo} in .54
[09:40] {Threei} half out.70
[09:40] {cosmo} CDNS hod= 8.08
[09:40] {magoo} out .74
[09:40] {magoo} TY
[09:40] {Threei} :)
[09:40] {magoo} u still got it he he
[09:42] {Threei} DYAX worth a trry long 5.15 with stop under
[09:43] {magoo} dyax avail short too fwiw
[09:43] {cosmo} CDNS tests
[09:44] {cosmo} ..almost
[09:48] {Threei} .66 long UAUA
[09:48] {Threei} if stays above .55
[09:53] {Roman}
21 HK
[09:53] {Roman}
21 long .55
[09:53] {Roman}
21 stop under 29
[09:53] {Threei} 1:1 UAUA
[09:53] {Threei} half out or scalp, watever you feel like
[09:53] {Threei} jerky here
[10:02] {Threei} if USO loses 92.50 UAUA has a shot at more
[10:02] {Threei} USO staus close to this support, doesn't bounce
[10:02] {Threei} likely to losde it
[10:07] {Threei} .61 long UAUA
[10:07] {Threei} if stays above .55
[10:08] {Threei} USO lost support
[10:08] {magoo} in
[10:18] {Threei} stopped
[10:18] {Threei} scalp was it
[10:18] {Threei} got greedy
[10:19] {magoo} it stalled too lomng there
[10:20] {Threei} yup
[10:27] {Threei} - note: the Nov 10 date is in line with Google's statements that it would be released in 2H 2008, though some analysts have speculated about a launch date as early as Sept.
[10:35] {Threei} DYAX 5 break long if stays above 4.90
[10:36] {Threei} USO fooled us eh?
[10:36] {magoo} yup
[10:43] {magoo} now UAUA insults us
[10:44] {Threei} you are not kidding mags
[10:50] {Threei} new low USO
[10:55] {magoo} im smackinf uaua overhead just to knock it down for spite
[10:58] {Threei} you in?
[10:59] {magoo} no
[10:59] {magoo} u?
[10:59] {Threei} no
[11:00] {Threei} need USO to take out low
[11:00] {Threei} while preferrably staying under .50
[11:00] {Threei} in now
[11:01] {magoo} where?
[11:01] {Threei} .43
[11:02] {Threei} half out .57
[11:02] {Threei} stop .39
[11:03] {hawkfan4} 1/2 out + .16
[11:04] {Threei} half out DYAX .15
[11:05] {Threei} stopped second half UAUA
[11:07] {Threei} overtightened it I guess
[11:07] {Threei} prefer to stay on a conservative side
[11:08] {Threei} yeah... too conservative, lol
[11:11] {hawkfan4} out rest +.35, thx
[11:11] {Threei} welcome
[11:15] {Threei} USO loss of 90.50 should send UAUA over 15
[11:15] {Threei} grr
[11:15] {Threei} went therer not even waiting for USO
[11:15] {magoo} uuuuuuuuuuuhhhhhhhhhhhhhhhgggggggggggggggggg
[11:16] {Threei} USO found support so far
[11:17] {Threei} let it play out, bounce can be vicious
[11:17] {Threei} in fact, I'd try long USO with stop under .50
[11:18] {magoo} thats what i was thinking
[11:19] {dptl} got to leave early...have a good rest of the day all:)
[11:19] {Threei} take care dp :)
[11:20] {Threei} first strength from here USO
[11:20] {magoo} bye dp:)
[11:20] {Threei} lost .50, no play
[11:21] {Threei} maybe just a headfake
[11:21] {Threei} hard to tell
[11:21] {Threei} staying on a sideline
[11:23] {Threei} ugh, was a buy on that dive
[11:27] {peterg} arba
[11:27] {Threei} no news that I see
[11:32] {Threei} anyone had mor conviction than I did for USO long?
[11:34] {hawkfan4} i got +.20 out of it, thx :)
[11:35] {Threei} :)
06[11:38] * Threei slaps Chaeron around a bit with a large trout
[11:38] {Chaeron} Good morning everyone
06[11:38] * Chaeron slaps Threei around a bit with a large trout
[11:38] {Threei} hi Chaeron :)
[11:38] {Chaeron} welcome back buddy
[11:38] {Threei} thank you
06[11:43] * magoo slaps Chaeron around a bit with a large trout
[11:44] {Chaeron} hi magoo :)
[11:45] {Threei} most likely one more USO spike before it retreats
[11:45] {Threei} if it takes UAUA down into 14.50, will be interesting for bounce scalp
[12:03] {Threei} watching for dopuble top around 92
[12:03] {Threei} want to see one more advance to it, then drop
[12:06] {Threei} here comes advance
[12:07] {Threei} UAUA is close enough to .50 to grab it if USO drop quickly
[12:07] {Threei} in .55
[12:08] {Threei} .45 stop
[12:09] {Threei} die USO
[12:09] {Threei} good boy, lose .50 now
[12:12] {Threei} thing of beauty
[12:13] {Threei} half out or take scalp, whatever you fancy
[12:14] {Threei} any takers?
[12:15] {Threei} come on, play laid out well in advance and developed exactly according to scenario
[12:16] {hawkfan4} i got it , in .56, 1/2 out .74
[12:17] {Threei} whew
[12:17] {Threei} thank you
[12:17] {hawkfan4} lol
[12:17] {Threei} :)
[12:19] {magoo} i didn't like long call with mkts here heading down
[12:51] {magoo} .
[12:51] {Threei} USO .11 long if stays above 91.90
[12:52] {Threei} if loses it, eyeing UAUA long at .51
[12:52] {Threei} in UAUA aggresively
[12:52] {Threei} stop .35
[12:53] {Threei} got .45... fast spike
06[12:54] * magoo slaps laserdave1 around a bit with a large trout
[12:56] {magoo} c' one else
06[12:56] * Threei slaps laserdave1 around a bit with a large trout
[12:56] {Threei} out .59
[13:00] {Threei} AUG NAHB HOUSING MARKET INDEX: 16 V 16E
[13:00] {Threei} {XHB}
[13:02] {magoo} pretty good...take vaca..make $$..and slap someone..livin the dream
[13:02] {hawkfan4} out .72 from .55, thx vad
[13:03] {Threei} :)
06[13:37] * Chaeron slaps laserdave1 around a bit with a large trout
[13:37] {Threei} local outage
[13:37] {Threei} back on
[13:49] {Threei} am I here?
[13:49] {hawkfan4} no
[13:49] {Threei} or anyone else, for that matter?
[13:50] {patience} not really
[13:50] {Threei} thought so
[13:56] {magoo} am i?
[13:56] {Threei} just noticed... FNM is shortable again
[13:56] {Threei} too bad I haven't looked earlier
[13:57] {Threei} 7 breakdown was clean setup
[14:00] {Threei} 6.40 break probably worth a try
[14:00] {Threei} feels like down is the only way for it
[14:05] {Threei} watching where it tops out to define a stop
[14:06] {Threei} also, .80 break long DYAX for a scalp into close, 4.68 stop
[14:16] {Threei} USO sharp drop under 91 would be very welcome now that UAUA is so close to support at .50
[14:17] {Threei} so far FNM tops just above .50
[14:17] {Threei} if stays this way .40 break is a good short
[14:19] {Threei} GM
[14:28] {Threei} is it me or quotes misbehave?
[14:29] {hawkfan4} mine are ok
[14:30] {Threei} ty, my connection probably
[14:58] {Threei} half out DYAX
[15:00] {Threei} anyone takie?
04[15:00] -} [Threei] PING
[15:00] {hawkfan4} yes sir, offering 1/2
[15:00] {Threei} :)
[15:00] {Threei} FNM low
[15:08] {hawkfan4} out 1/2 dyax +.14
[15:13] {Threei} where is DYAX?
[15:13] {hawkfan4} 5.01 x 5.02
[15:13] {Threei} ty, I am out then
[15:13] {Threei} and FNM?
[15:13] {hawkfan4} .44
[15:13] {Threei} didn't break .40 yet?
[15:14] {hawkfan4} once earlier
[15:14] {hawkfan4} low .36
[15:14] {Threei} ty
[15:14] {Threei} will try to reset modem, brb
[15:36] {Threei} back
[15:38] {hawkfan4} FNM new low
[15:39] {Threei} where is it now?
[15:39] {hawkfan4} .25 x .26
[15:39] {Threei} cool beans
[15:39] {Threei} getting quotes now
[15:40] {Threei} missed short because of connection issues
[15:40] {hawkfan4} 1/2 out + .18
[15:40] {Threei} wtg
[15:40] {Threei} hey, very nice day
[15:40] {hawkfan4} thx :)
[15:40] {Threei} good to be in shape after vacation
[15:41] {hawkfan4} very nice indeed
[15:41] {Threei} DYAX worked like charm
[15:41] {Threei} most of UAUAs did
[15:41] {Threei} FNM did
[15:42] {Threei} most of the room slept right through all of those
[15:42] {peterg} ya
[15:42] {hawkfan4} lol, i must have had too much coffee this morning
[15:44] {peterg} off for now; c u all tomrw
[15:44] {Threei} take care peter
[15:44] {peterg} u2
[15:45] {hawkfan4} out rest FNM + .24. thx again
[15:45] {Threei} welcome
[15:45] {Threei} don't want to carry FNM short pvernight
[15:46] {Threei} but really... seems there is no bottom
[15:46] {Chaeron} negative number territory?
[15:46] {Threei} will rather look tomorrow for new entry, don't want to get caught into some engenieered news/spike
[15:46] {Threei} ummm
[15:46] {Threei} magoo can have that spelling
[15:46] {Threei} floor is yours sir
[15:56] {Threei} OK guys, thank you all
[15:56] {Threei} have a good evening, see you tomorrow
[15:56] {hawkfan4} thx vad , cya
[15:56] {magoo} nice to have u back vad
[15:56] {Threei} nice to be back
[15:57] {judijim} nice to have you back, be back tomorrow

Friday, August 8, 2008

Aug 08 2008

ATTENTION: if you subscribe for a trial during the week Aug 11-15, it will be granted for the next week starting August 18. Vad is away for vacation and will be back in the room on that date.

Session Time: Fri Aug 08 00:00:00 2008
[08:30] {Threei} - Prior Nonfarm Productivity revised from 2.6% to %
[08:30] {Threei} - Prior Unit Labor Costs revised from 2.2% to %
[08:30] {Threei} UNIT LABOR COSTS: 1.3% V 1.4%E
[08:38] {cosmo} god help them...
[08:38] {Threei} sigh
[08:38] {cosmo} us too....
[08:42] {cosmo} rasing the global conciousness in 'fits and starts'...when will there be enough..
[08:42] {cosmo} but... no matter...
[08:45] {cosmo} UAUA active
[08:46] {Threei} as USO loses 95 support
[08:46] {cosmo} ic
[08:49] {Threei} we have some support at 94.40 - .50
[08:49] {Threei} if lost, could fuel new momo to downside
[08:50] {hawkfan4} good morning
[08:50] {Threei} hawk :)
[08:51] {Threei} testing
[08:52] {hawkfan4} in case i have to leave early, have a great vacation vad
[08:52] {Threei} thank you :)
[08:52] {cosmo} vacation?
[08:52] {cosmo} this IS vacation... i thot
[08:52] {Threei} lol
[08:52] {hawkfan4} :)
[08:53] {cosmo} where too this time?
[08:53] {Threei} Alaska
[08:55] {cosmo} watch the melting chunks of ice fall?
[08:55] {Threei} I guess... I'll report
[08:55] {cosmo} pics, real time maybe?
[08:56] {Threei} pics yes
[08:56] {Threei} real time no
[08:56] {cosmo} k
[08:56] {Threei} vacation is vacation... no internet, no market, no news
[08:57] {judijim} good morning Vad as you prepare for vacation
[08:57] {cosmo} vacation is where i hang my hat...
[08:57] {Threei} good morning jj :)
[09:01] {pita} good morning all
[09:02] {Threei} pita :)
[09:10] {Threei} watching CNN?
[09:11] {cosmo} geez...can't they wait for the olympics first?
[09:15] {dino} gm all
[09:15] {Threei} dino :)
[09:16] {magoo} morni g..yes..if i miss u vad have a great vaca
[09:16] {Threei} ty mags
[09:16] {dino} vad, you will eat lots, drink more, and see some pretty neat sites. enjoy!
[09:17] {Threei} thank you, I am sure I will :)
[09:17] {dino} what cruise line btw, i was on princess
[09:17] {Threei} Royal Caribbean
[09:17] {Threei} Serenade of the Sea
[09:18] {dptl} good morning all
[09:18] {Threei} dp :)
[09:18] {cosmo} hope they dont use sirens
[09:18] {Threei} dp, see russian news?
[09:19] {dptl} about what?
[09:19] {Threei} invading Georgia
[09:20] {dptl} heard something yesterday about it
[09:21] {Threei} full blown... bombing, planes being shot down, tanks rolling
[09:21] {dino} are you serious?
[09:21] {Threei} yes
[09:21] {dino} why is it not on the news?
[09:21] {Threei} it is
[09:21] {Threei} CNN run extensive coverage just a few min ago
[09:24] {dino} ok, ty
[09:26] {Threei} FNM beaten down nicely
[09:26] {Threei} on CNN again now
[09:27] {Threei} after this overactive bladder ad
[09:27] {cosmo} brb
[09:27] {Raven} 3 rofl
[09:27] {Threei} lol
[09:27] {Raven} 3 have a great vacation 3i :)
[09:27] {Threei} ty Raven :)
[09:28] {Raven} 3 what is final destination in AK ?
[09:28] {Threei} roundtrip
[09:28] {Threei} no final destination :)
[09:29] {Threei} Jauneau, Skagway, Icy Point
[09:29] {Raven} 3 I mean the north most point of departure
[09:29] {Raven} 3 OK ... lower part of state
[09:29] {Threei} whichever of the three aabove is farther North :)
[09:30] {Threei} see images on CNN, tanks rolling in
[09:31] {cosmo} tanks a lot
[09:31] {Raven} 3 lol
[09:31] {Threei} FNM
[09:31] {Threei} .41 long
[09:31] {Threei} if holding above .20
[09:32] {Threei} not likely to hold
[09:33] {Threei} but if does I'll be imressed
[09:34] {Threei} lost it
[09:37] {Threei} smething propped FRE to green
[09:37] {Threei} no news
[09:39] {cosmo} ASML
[09:39] {cosmo} testing hod
[09:40] {dino} v sm wide pcln l .60
[09:40] {cosmo} 23.22
[09:40] {esemde} morning...
[09:40] {Threei} ese :)
[09:45] {dino} risky v sm cme l 0.01
[09:46] {esemde} long 46.64 1/2 lot
[09:46] {esemde} CNQR that is
[09:47] {dino} sohu sm l .00
[09:48] {Threei} **consensus expectation: +0.6%e v +0.8% prior
[09:49] {esemde} stopped CNQR .47
[09:49] {Threei} wow USO
[09:50] {esemde} thats talking a dump....
[09:50] {dino} rally
[09:51] {dino} oih blood
[09:52] {dino} march area
[09:53] {Threei} beautiful drop USO
[09:54] {dino} out cme 333.21, +3.20
[09:54] {Threei} wtg
[09:54] {dino} ty
[09:55] {esemde} oh sure CNQR????
[09:56] {Threei} these sudden oil moves cause this ese
[09:57] {esemde} i'll say
[09:57] {Threei} on USO daily there is no floor down to 90
[09:58] {Threei} wholesale numbers in 2 min
[10:00] {Threei} JUNE WHOLESALE INVENTORIES: 1.1% V 0.6%E
[10:01] {dino} out sohu .70, +.70
[10:02] {dino} c'mon
[10:04] {esemde} NUAN
[10:04] {esemde} just missed it
[10:05] {hawkfan4} nice dino :)
[10:05] {dino} ty hawk
[10:08] {esemde} l NVLS 21}97
[10:09] {esemde} 1/2
[10:13] {dino} pcln stop to .48
[10:13] {dino} out pcln .75, +1.15
[10:13] {Roman} 21 wow
[10:14] {dino} :)
[10:16] {esemde} out NVLS 22.21
[10:16] {esemde} +.24
[10:17] {Threei} good trading guys
[10:17] {dino} slowing down, best week since june. vacation was good for me
[10:18] {Threei} watching OIH for short
[10:18] {Threei} want USO to reverse back down for indication
[10:18] {Threei} wtg dino, amazing job
[10:18] {dino} back to basics, no thinking
[10:18] {Roman} 21 wow
[10:18] {Roman} 21 no thinking - love it
[10:19] {dino} lol
[10:19] {Roman} 21 i want to grow up and be like you
[10:19] {Roman} 21 wow
[10:19] {dino} good
[10:24] {Threei} in OIH short, stop .25
[10:24] {dino} ctrn sm l .50
[10:24] {Roman} 21 innnnnnnnnnnn
[10:24] {Threei} wow
[10:24] {Threei} stopped
[10:25] {Threei} too volatile
[10:32] {dino} cedc blood
[10:32] {dino} fast
[10:32] {esemde} l ESRX 70.84
[10:34] {dino} waiting v sm .26 cedc
[10:36] {dino} giddy up
[10:40] {esemde} out ESRX 60
[10:40] {esemde} -.24
[10:41] {Threei} AKAM .59 short if stays under .70
[10:44] {dino} rock rockin'
[10:46] {dino} cedc stop to .65
[10:48] {dino} out mean slip. .56, +.30
[10:48] {magoo} vad, news BIDU??
[10:49] {Threei} nope
[10:50] {magoo} weird..big up day it usually up big
[10:51] {dino} china down
[10:52] {Threei} no worky AKAM
[10:58] {Threei} CIEN
[10:58] {Threei} watching for bounce scalp, as close to .10 as it gets
[10:59] {Threei} sel,ing down, watch NQ for upticks before entry
[11:00] {Threei} first strength from here
[11:01] {dino} cedc l .00 sm
[11:03] {Threei} .11 trigger
[11:06] {Threei} if NQ turns up will try aggressive entry
06[11:07] * Threei slaps laserdave1 around a bit with a large trout
[11:09] {Threei} ELN .67 short
[11:09] {Threei} if stays under .75
[11:13] {Threei} seems I can't trade 25 cents for a phone call today
[11:14] {magoo} because everyone has personnal phones noew
[11:15] {dino} ctrn stopped .24, -.26
[11:15] {cosmo} not me..
[11:15] {cosmo} i will not be asssimilated
[11:16] {dino} resistance is futile
[11:16] {Raven} 3 me too cosmo
[11:16] {cosmo} i do dread the thot of having to find a pay phone tho
[11:16] {Raven} 3 just don't call
[11:17] {cosmo} that's been my fall back, r
[11:17] {Raven} 3 yes
[11:19] {Threei} OK... in CIEN, stop .94
[11:19] {magoo} long rimm .75
[11:19] {magoo} going over
[11:29] {magoo} to reiterate my not lose more than 200 bux size according
[11:34] {magoo} out .05 +.30
[11:35] {Threei} wtg
[11:35] {magoo} not as easy as i l,ike
[11:35] {magoo} 300-500 shares so avoid the rinse of this crazy ass mkt
[11:36] {magoo} imo..vad u leaving at good time
[11:37] {Threei} I knew it when picked time for being away
[11:37] {cosmo} ABAT hod = 4.64 fwiw
[11:37] {magoo} yeah.........i wish i could take a vaca someday
[11:38] {cosmo} it all in the head, magoo
[11:38] {magoo} if IF i do.i going visit laserdave
[11:38] {cosmo} its
[11:38] {magoo} drinks sum beers with my bud
[11:38] {cosmo} ah...bud
[11:38] {laserdave1} mags dcc please
[11:39] {magoo} SHIT
[11:40] {Threei} no symbol found
[11:41] {lars} Super High Intensity Training
[11:41] {hawkfan4} lol, good save lars
[11:42] {lars} :)
[11:42] {Threei} I'll need 5 more minutes to compare all the capital letters to abbreviation
[11:42] {Threei} my thinking processes slowed down to crawl
[11:44] {Threei} OK, all 3 letters match... good one lars
[11:44] {dino} so has this market
[11:47] {Threei} 4th letter matches too
[11:47] {Threei} excellent job lars
[11:48] {lars} :) good for a chuckle anyway
[11:48] {dino} fsys
[11:52] {lars} is cien gonna break or should i be out now?
[11:52] {Threei} where are you in?
[11:52] {lars} .02
[11:53] {magoo} sheesh..i forgot i was in CIEN
[11:53] {magoo} no kidding
[11:53] {Threei} lol
[11:53] {dino} tpgi
[11:53] {dino} bad prints
[11:53] {Threei} I tried to offer it at .18, never got hit
[11:53] {Threei} but it's holding well
[11:53] {Threei} unless market sharply reverses down, it still has a chance for more
[11:54] {lars} just makin sure ... thx vad
[11:54] {Threei} choice is to take small garantted 1:1, vs holding for 1:2 and trailing stop to under 17
[11:54] {Threei} so risk is ridiculously small
[11:54] {Threei} and all you risk is to lose this current profit
[11:55] {Threei} so decide how much you need it vs how much you want to double it
[11:55] {lars} 1:2 would be .18?
[11:56] {Threei} somwhere there, yeah
[11:56] {lars} understood
[11:56] {Threei} I can't gather enough brain power to calculate precisely
[11:56] {Threei} besides, I am not good at math
[11:56] {lars} lol... too much training
[11:56] {Threei} there are three kinds of people
[11:56] {Threei} one who can count and one who can't
[11:57] {lars} ok ill bite... 3rd?
[11:57] {Threei} no 3rd
[11:57] {Threei} that's whole joke... it's being said by one who belongs to 2nd kind
[11:57] {lars} lol good one
[11:57] {Threei} but niow it's not funny
[11:58] {Threei} actually... it wasn't that funny to begin with :)
[11:58] {Chaeron} and on that note.... Good morning all
[11:58] {Threei} Chaeron :)
[12:18] {Threei} out CIEN
[12:18] {Threei} even blind squirell...
[12:19] {magoo} sheesh..i orgot it again working here
[12:19] {Threei} lol
[12:19] {magoo} what u take?
[12:19] {lars} out cien +.22 :)
[12:19] {Threei} .21
[12:19] {magoo} i really am the blind squirrel on this trade
[12:21] {magoo} offering .26
[12:26] {dino} v sm fsys s .15
[12:33] {Threei} magoo... wake up and find out if you have sold
[12:33] {magoo} got ,26 TY vad lol
[12:33] {Threei} who knows, you may have forgotten actually click sell
[12:33] {Threei} :)
[12:33] {lars} lol nj magoo
[12:40] {magoo} i guess incompetant..i bought it..never looked again until u mentioned it..then put sell and fotrgot it again
[12:40] {Threei} \tsk tsk tsk
[12:40] {magoo} i was practicing my typing class
[12:40] {Threei} buying without deep fundamental reserach... how could you
[12:40] {Threei} appaling
[12:40] {lars} cus your makin so much on your other trades
[12:42] {lars} +.09 with fsys ... had more ... ill take it though
06[12:45] * Threei slaps laserdave1 around a bit with a large trout
06[12:45] * Chaeron slaps laserdave1 around a bit with a large trout
[12:45] {Threei} look your dcc, will ya
[12:46] {laserdave1} sorry guys not impressed
[12:46] {laserdave1} tthat is so lateeeeee
06[12:46] * magoo slaps laserdave1 around a bit with a large trout
[12:46] {Threei} late??
[12:46] {dino} lars tough one fsys
[12:46] {laserdave1} yuppers
[12:47] {Threei} [11:07] *** Notice -- Client connecting on port 7044: laserdave1 (
[12:47] {Threei} [11:07] * Threei slaps laserdave1 around a bit with a large trout
[12:47] {laserdave1} u cant trick us
[12:47] {laserdave1} thats saved from an old day
06[12:47] * magoo slaps Threei around a bit with a large trout
[12:47] {Threei} nope
[12:47] {Threei} from today
06[12:47] * magoo slaps Threei around a bit with a large trout
06[12:48] * magoo slaps Threei around a bit with a large trout
[12:48] {Threei} hmmm
06[12:48] * magoo slaps Threei around a bit with a large trout
06[12:48] * magoo slaps Threei around a bit with a large trout
06[12:48] * magoo slaps Threei around a bit with a large trout
[12:48] {Threei} magoo's stuck
[12:48] {magoo} 1 for each day u out
[12:48] {Threei} oh
[12:48] {Threei} lol
06[12:48] * laserdave1 slaps Threei around a bit with a large trout
06[12:48] * laserdave1 slaps Threei around a bit with a large trout
06[12:48] * laserdave1 slaps Threei around a bit with a large trout
06[12:48] * laserdave1 slaps Threei around a bit with a large trout
06[12:48] * laserdave1 slaps Threei around a bit with a large trout
[12:48] {laserdave1} magoo u are so smart
[12:49] {lars} keep em coming dino... your ave. is pretty good :)
[12:50] {dino} above today
[12:50] {dino} can't get out of fsys, jumps 20 cents
[12:50] {dino} sitting at .55, but.....
[12:51] {Threei} anyone has a feeling USO another dump is in the making?
[12:51] {hawkfan4} yes
[12:52] {dino} magoo maybe
[12:52] {Threei} yours doesn't count hawk
[12:52] {Threei} you are emotionally involved with USO, just as aI am
[12:52] {Threei} easy to take wishful thinking for the real read :)
[12:53] {hawkfan4} :) true
[12:54] {dino} out +.60 fsys and then it collapses
[12:54] {dino} wishful thinking, i was simply stating magoo will take a dump today
[12:55] {hawkfan4} lol
[12:55] {dino} :)
[12:55] {dino} lars, cedc thoughts?
[12:55] {Threei} amount of information flowing today is incredible {G}
[12:56] {Threei} and don't even think of using word "flowing" in that context again
[12:57] {dino} reminds me of "fat bastard" in the austin powers movie
[12:57] {lars} I was gonna ask you about cedc... i didnt play it
[12:58] {dino} 1/2 on it
[13:13] {dino} brb
[13:19] {dino} fsys again?
[13:20] {dino} .25ish held last time
[13:21] {lars} are you in or holding for .15?
[13:23] {dino} not in want to see what it does around .25
[13:23] {lars} cedc dropping
[13:24] {dino} watching it too
[13:26] {dino} the problem i'm having, is it's a summer friday afternoon. not sure i want to blow a good day
[13:27] {Threei} in UAUA
[13:27] {Threei} 5 cents stop
[13:28] {magoo} entry?
[13:28] {Threei} .60
[13:28] {magoo} in
[13:28] {Threei} don't forget you bought it
[13:28] {magoo} back to sleeop
[13:28] {lars} .60 here
[13:29] {Threei} USO behaves
[13:30] {Threei} now lose 93.50 and die
[13:34] {magoo} l aapl here .30
[13:36] {Threei} that's abit too much of a bounce, USO
[13:36] {Threei} which part of "die" don't you understand
[13:37] {magoo} out flat
[13:37] {magoo} no like naz red bars
[13:40] {magoo} l rimm now ,30
[13:41] {magoo} out rimm .55
[13:42] {magoo} easy button
[13:48] {magoo} its time of day for pullbk
[13:48] {magoo} not saying it will..mkt strong
[13:49] {Threei} sigh
[13:52] {judijim} we're off for the rest of day, have a great vacation VAD
[13:52] {Threei} thank you jj, take care, see you in a week
[13:53] {magoo} by jj
[14:17] {dino} risky, sm cedc .20 l, wide
[14:20] {hawkfan4} USO finally
[14:21] {Threei} took its sweet time
[14:22] {hawkfan4} no kidding
[14:23] {dino} fear/greed cedc
[14:25] {Threei} care to lose 93 now USO?
[14:31] {dino} hod
[14:36] {lars} finally uaua
[14:36] {Threei} [14:21] {Threei} took its sweet time
[14:36] {Threei} I am too lazt to type new answer
[14:36] {Threei} lazy
[14:36] {Threei} copy/pasting old one
[14:36] {lars} out half +.23
[14:37] {lars} see if it can break 11 :)
[14:37] {Threei} uh oh
[14:37] {Threei} {USO}
[14:37] {lars} 11 seems like resistance now
[14:37] {Threei} magoo... now you can say "shit"
[14:37] {lars} lol
[14:37] {hawkfan4} lol
[14:38] {magoo} shiiieeeytytt
[14:38] {Threei} I mean... when these guys make such calls...
[14:38] {Threei} that;'s when everything goes to hell in basket
[14:39] {hawkfan4} out 1/4 UAUA +.53, in from .46 this morning
[14:40] {lars} nice hawk wtg
[14:40] {hawkfan4} thanks :)
[14:40] {dino} gj
[14:41] {lars} vad will the room be open next week while your away?
[14:41] {Threei} sure
[14:41] {Threei} converse, share, slap
[14:41] {Threei} slap back
06[14:41] * lars slaps magoo around a bit with a large trout
[14:41] {Threei} lol
[14:41] {lars} just practicing
[14:41] {magoo} :)
[14:42] {Threei} if something happens and you can't connect, grab reserve server address from the website
[14:42] {Threei} trading room page
[14:42] {Threei} shouldn't though, it's rare occurence
[14:43] {Threei} if nothing works, call support: 1-509-684-3295 and scream bloody murder
[14:43] {Threei} tell them realitytrader room is down
[14:43] {lars} thx vad
[14:44] {Threei} tell them you have people to slap
[14:45] {lars} lol
[14:51] {Threei} 93 be gone
[14:51] {lars} lets make another run at 11
[14:53] {lars} stubborn
[14:53] {Threei} needs USO to break 93 and panic
[14:58] {Threei} absence of any decent bounce and staying so close to 93 makes it very likely to happen
[15:00] {dino} esio
[15:01] {dino} too fast
[15:01] {Threei} come on USO
[15:01] {Threei} it's time
[15:02] {Threei} now die
[15:06] {dino} fsys
[15:08] {lars} are you in dino?
[15:10] {dino} no
[15:10] {dino} waiting at 53.40
[15:11] {dino} cedc no worky stopping out
[15:12] {dino} v sm fsys s .30
[15:16] {dino} cov .70, +.60
[15:16] {lars} wtg dino
[15:16] {lars} nice call
[15:16] {dino} ty, lucky
[15:16] {dino} should not have got to me
[15:17] {dino} thatsa why i was up there
[15:18] {lars} it was at .95 when i saw your call ... held off
[15:19] {dino} gappy. i was at .40, saw .32 ask so hit .30 bid
[15:19] {dino} lucky, thats all. luck plays a big part
[15:19] {dino} now cedc comes back
[15:20] {dino} rinsed
[15:30] {esemde} made it back to watch the last couple of minutes.....went to pick up my daughter at camp
[15:30] {Threei} look at oil ese
[15:31] {esemde} uso
[15:31] {esemde} wow dow up 300
[15:32] {dino} fsys maybe again
[15:35] {Threei} new low oil... any chance for another panic bar?
[15:35] {dino} feels higher
[15:35] {dino} fsys i mean
[15:36] {Threei} W
[15:36] {Threei} O
[15:36] {Threei} W
[15:37] {hawkfan4} fly the friendly skies
[15:37] {Threei} news-like spike
[15:37] {lars} dang i missed it
[15:37] {Threei} but no news
[15:37] {lars} distracted
[15:41] {dino} i'm calling it a week all. thx
[15:41] {dino} vad you have fun
[15:41] {lars} cya dino have a great wknd
[15:42] {Threei} thank you dino
[15:42] {dino} ty lars
[15:42] {hawkfan4} cy dino, gj
[15:42] {Threei} new low again USO
[15:42] {dino} i'll hang , but done trading
[15:42] {magoo} take care vad..have fun
[15:42] {Threei} ty mags
[15:43] {lars} take care magoo
[15:43] {Threei} still looking for last scalp
[15:43] {dino} ty hawk
[15:43] {Threei} maybe UAUA pulls back, stalls, then USO drops hard
[15:46] {magoo} buying into
[15:46] {magoo} strong open monday
[15:47] {cosmo} olympic optimism
[15:51] {dino} hod fsys
[15:55] {dino} pcln all the way down again
[15:55] {hawkfan4} flat and outta here. great week, have a great trip vad, cya all
[15:56] {Threei} take care hawk, ty
[15:56] {Threei} thank you everyone
[15:56] {lars} cya hawk take care
[15:56] {Threei} have a great weekend and safe trading week
[15:56] {dptl} have a good weekend all
[15:56] {Threei} I'll see you all on Monday in a week
[15:56] {hawkfan4} :)
[15:56] {dino} take care hawk
[15:57] {esemde} in a week? takin a holiday Vad?
[15:57] {Threei} I am... and taking about it for last three weeks :})
[15:58] {esemde} good on ya.....have a great time.
[15:58] {Threei} thank you
[15:59] {dino} hmmm, 300 up, pattern says 300 down next
[16:00] {esemde} see ya'll monday
[16:02] {lars} take care all
[16:02] {lars} have a great vacation vad

Thursday, August 7, 2008

Aug 07 2008

Session Time: Thu Aug 07 00:00:00 2008

[08:15] {Threei} VRNM... morning fingers warm-up, 3.32 in, 3.50 out
[08:17] {hawkfan4} nice
[08:18] {hawkfan4} what's got oil so happy this morning?
[08:18] {Threei} looked quite safe with offer right at yesterday's closing price
[08:19] {Threei} I don't ssee anything dramatic in news
[08:19] {hawkfan4} yeah me either
[08:20] {Threei} I guess we just can't count on straing down to 80 :)
[08:21] {Threei} in my view we will get there sooner or later
[08:21] {Threei} but there are always different camps
[08:21] {Threei} one perceives such drop as end of bull move
[08:21] {hawkfan4} i sure hope we do
[08:21] {Threei} other takes it as pullback within bull trend
[08:22] {Threei} and seeing it as buying opportunity provides buying wave
[08:22] {Threei} then there are shorts, some of which have shorter time frame
[08:22] {Threei} or lower risk teloerance
[08:23] {Threei} so they add fuel to buying after significant pullback
[08:23] {Threei} All these reasons exist in "trading" universe, not in "investing" one
[08:23] {Threei} so they influence direction regardless of visible reasons
[08:24] {Threei} (and that's where we short term traders find our food)
[08:24] {hawkfan4} makes sense to me :)
[08:25] {Threei} our hope now is,
[08:25] {Threei} the depth of this oil drop showed potential buyers just how vulnerable it can be
[08:25] {Threei} and hopefully instilled fear in them
[08:25] {Threei} so when recoveries occur, they (buyers) will tend to get much more careful
[08:26] {Threei} and we will not see "buy at any price, it goes to the moon anyway" mentality
[08:27] {Threei} I mean if oil could drop 30 bucks in a course of what, less than one month,
[08:27] {Threei} what is there to keep it from dropping 40 more in just a few short weeks
[08:27] {Threei} which would get us to that 80
[08:27] {hawkfan4} that beautiful 80
[08:28] {Threei} Magnitude of such drop also serves as good reminder that no matter what kind of fundamental reasons lie under the bullish move
[08:28] {Threei} there is a great deal of pure trading reasons also
[08:28] {Threei} and it's anyone's guess what ratio is
[08:29] {Threei} I see some saying last 40 bucks were pure speculation,
[08:29] {Threei} others assigning last 60 or last 20
[08:29] {Threei} I have no idea how they calculate it, my tea leaves show last $85.76
[08:30] {hawkfan4} lol, all i know is i'll be sad when the UAUA/oil trade dries up
[08:30] {Threei} but market tens to overshoot reasonable targets on BOTH sides
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 455K V 425KE; CONTINUING CLAIMS: 3.311M V 3.255ME
[08:30] {Threei} *(CA) JUN BUILDING PERMITS M/M: -5.3% V -1.0%E
[08:31] {Threei} something else will come...
[08:31] {Threei} sure, such strong correlation is always nice to have
[08:31] {Threei} provides for amazingly predictable trades
[08:32] {hawkfan4} yep, i traded the solars for a long time, now they're much less predictable, i hardly touch them
[08:32] {Threei} right
[08:32] {Threei} we played solars for about 6 months at least I think
[08:32] {Threei} financials came with their wave of opportunities
[08:33] {Threei} then airlines
[08:33] {Threei} sonething will always be there
[08:33] {Threei} we haven't seen anything from nanos in a long while
[08:33] {Threei} or stem cells
[08:33] {Threei} or... or...
[08:33] {Threei} in 1999 maanias would come one after another
[08:34] {Threei} china... wireless... Pokemon
[08:35] {hawkfan4} i watch POT/MOS, POT ususally leads and i trade MOS, but it's super risky, moves fast. Worked great yesterday
[08:35] {Threei} there you go..
[08:35] {Threei} when you get the general idea, you'll always find opportunities
[08:50] {judijim} good morning
[08:50] {Threei} jj :)
[08:51] {Threei} - Sees no contraints on credit and loan markets
[09:06] {fernp} Good morning
[09:06] {Threei} fern :)
[09:07] {dino} gm all
[09:07] {Threei} dino :)
[09:08] {cosmo} VRSN should hold 29
[09:08] {cosmo} imo
[09:09] {Threei} AIG is available for shorting
[09:09] {Threei} not rushing in... watching
[09:11] {tomg} good morning
[09:11] {Threei} tom :)
[09:13] {pita} good morning
[09:13] {Threei} pita :)
[09:20] {dptl} good morning all
[09:21] {Threei} dp :)
[09:22] {cosmo} VRSN testy
[09:22] {magoo} kjfdhlirslihjdsllkjsjfklkjkh
[09:23] {Threei} jkflsgitjk to you too
[09:25] {peterg} morning all
[09:26] {Threei} peter :)
[09:31] {Threei} want VRNM pullback
[09:31] {Threei} thing seems to be far from over
[09:32] {Threei} not sure about break of .75 here
[09:34] {Threei} AIG half lot long .26
[09:34] {Threei} if stays about .10
[09:35] {Threei} invalidated, let it drop more
[09:35] {Threei} or establish new range
[09:37] {Threei} not ready yet IMO
[09:37] {Threei} needs one more sharp spike down
[09:44] {Threei} EVVV
[09:44] {Threei} .95 long
[09:44] {Threei} if stays above .85
[09:44] {dino} ctrn
[09:44] {Threei} low volume, half lot probably
[09:48] {dino} mflx sm l .85
[09:49] {peterg} ha-took my dime from AIG
[09:49] {Threei} gj
[09:50] {Threei} it did give a few opportunities, it's just that they all were too fast to call
[09:50] {Threei} if you watched and were ready, they were exploitable
[09:50] {peterg} right
[09:51] {esemde} morning
[09:51] {peterg} still slow but impossible to do on previous platform thks
[09:51] {Threei} 9.80 break for UAUA, if USO drops
[09:51] {Threei} ese :)
[09:53] {Roman} 21 keeping an eye on DSTI
[09:53] {Roman} 21 small solar reported
[09:57] {peterg} aig down down down
[09:57] {Roman} 21 TXCO Resources reports strong Pearsall well flows (9.01 -0.08)
[09:58] {peterg} poor hank
[09:58] {dino} aig sm l .35, stop .99
[09:59] {Threei} USO loss of .70 - .75 should send it down
[10:00] {Threei} JUNE PENDING HOME SALES: 5.3% V -1.0%E
[10:00] {Threei} wow
[10:00] {Threei} how do they come up with those estimates, so much off target
[10:01] {Roman} 21 home builders?
[10:01] {Roman} 21 LEN
[10:01] {Roman} 21 TOL
[10:02] {Threei} USO drop
[10:02] {Threei} here goes UAUA, right on cue
[10:02] {magoo} in .81
[10:03] {peterg} go go go --gotta go day job back in hr
[10:04] {Threei} stop .65
[10:04] {Threei} die USO
[10:04] {dino} vrsn sm l .16, stop .78
[10:04] {Roman} 21 grabbed some LEN
[10:05] {Roman} 21 .65
[10:05] {Threei} wow, nice LEN
[10:06] {Roman} 21 WM working it
[10:06] {Roman} 21 ABK vad?
[10:07] {Threei} just moves with the market
[10:07] {Threei} lost its own momo
[10:08] {Threei} now loss of .50 by USO should help complete UAUA trade
[10:09] {Threei} just don't form double bottom please
[10:09] {Threei} form inverted C&H please
[10:09] {Threei} and die please
[10:09] {Threei} three please - is it enough?
[10:10] {Roman} 21 Vad, what's you target on UAUA
[10:10] {Threei} totally USO dependent
[10:10] {Roman} 21 TXCO sqeazing
[10:10] {Threei} this thing doesn't move according to its own technicals
[10:11] {Roman} 21 let me ask then magoo, where is he "WAITING"?
[10:11] {Threei} USO strengthens
[10:11] {Threei} not good
[10:11] {magoo} out .77
[10:11] {magoo} - .04
[10:11] {dino} out aig .80, +.45
[10:15] {dino} rail l sm .9- stop .47
[10:20] {Threei} OK UAUA
[10:20] {Threei} come to daddy
[10:22] {Threei} ah come on, just a few cents till 1:1, don't quit on me now
[10:25] {dino} btw...j......e.....t.....s
[10:34] {dptl} took +6c uaua ty....starting to hate this stock
[10:34] {Threei} lol
[10:35] {dptl} :)
[10:36] {dptl} hard to find plays today...was yestarday the same?
[10:36] {esemde} dp.....
[10:36] {Threei} yesterday was much better
[10:37] {dino} yesterday fun, today tougher imo
[10:37] {dptl} of course...:)
[10:37] {dptl} ese:)
[10:37] {dino} of course, i'm an idiot, 3 scalps i had and let go on greed
[10:39] {Roman} 21 FXEN
[10:39] {Roman} 21 long small of 7.5
[10:39] {Roman} 21 stop under 7.30
[10:40] {Roman} 21 PTEN
[10:40] {Roman} 21 long 26.50
[10:40] {dino} vrsn stopped -.35
[10:41] {dino} that was one of them
[10:43] {dino} out mflx .16, +.31
[10:44] {dino} rinsed mflx
[10:44] {dino} grrrrrrrrrrrrrrrrrrrr
[10:45] {dino} opps, watching wrong stock
[10:47] {esemde} been watching AIG dino....excellent scalp on the run up to 24.80.....i'm amazed at how you play this type of capitulation
[10:47] {dino} rail mstop to .91
[10:48] {Threei} those trades are dino
[10:48] {Threei} s domain
[10:48] {esemde} indeed!!
[10:48] {dino} lol es, not much to it. gut reaction
[10:48] {dino} waiting at 23.35 now
[10:49] {dino} vrsn might be worth another try on fast drop into say .18ish
[10:50] {Threei} .86 starts looking like short trigger for AIG if stays under 24
[10:50] {dino} v thoughts?
[10:50] {Threei} V seems to reversing to upside to me
[10:51] {dino} same thinking
[10:51] {Threei} desirably holding above .20
[10:51] {dino} missed
[10:51] {Threei} here comes break
[10:51] {Threei} should give one more pullback
[10:51] {Threei} for entry
[10:52] {dino} try off .30 w/stop .99
[10:52] {dino} if it goes there
[10:53] {dino} rail to .99
[10:54] {Threei} here is pullback for scalp entry, V... with stop under .20
[10:54] {Threei} or for dino's setup
[10:56] {Threei} break of .50 will signal stop trailing to under .30 now
[10:57] {Threei} and actually give over 1:1
[10:57] {dino} no fill
[10:57] {Threei} took .34
[10:57] {magoo} i got .34
[10:58] {dino} gj
[10:58] {Threei} WB
06[10:59] * Threei kicks V in the rear
[11:01] {Threei} half out .60
[11:01] {peterg} good kick what u looking for?
[11:01] {Threei} stop to .29
[11:01] {Threei} scalpers have almost 1:2
[11:02] {dino} sm l aig .10
[11:03] {dino} stop .83
[11:04] {dino} ok got v
[11:04] {Threei} OK OK V, I got it... "scalps r us"
[11:05] {Threei} - now forecasts 7-10 hurricanes (up from 6-9 prior forecast), and 14-18 tropical storms (up from 12-16 prior forecast){USO}
[11:08] {pita} gotta go - good luck everyone
[11:08] {dino} cya
[11:08] {Threei} take care pita
[11:09] {esemde} see ya pita
[11:10] {esemde} OK Aig has seemed to have leveled you consider playing it again for a bounce up or is this type of play a one deal for you
[11:11] {dino} see above, in at .10
[11:11] {dino} you see what i see, it seems
[11:13] {dino} v sm pcln l .00
[11:14] {dino} sm vrsn l .30, stop .94
[11:14] {dino} pcln is wide
[11:17] {dino} rail stopped +.20
[11:20] {Threei} VRNM bounce time
[11:20] {Threei} just a scalp most liekly
[11:24] {Threei} C is getting creamed
[11:25] {Threei} dragging other financials
[11:25] {Threei} - Citi will reimburse investors who sold ARS at a discount after the market failed, to reimburse over 40K customers nationwide
[11:25] {Threei} - SEC: Citigroup to liquidate $12B in ARS from institutions by end of 2009, to liquidate $7B in ARS bought by investors at par in no later than 3 months. Citi to buy back ARS at par from all individuals and charities that bought from Citi before Feb 11, 2008.
[11:25] {Threei} - Notes that the actual cost of acquisition of ARS will depend on market value and the quantity purchased
[11:25] {Threei} - Estimates the difference between the purchase price and the market value of the ARS is around $500M, pre-tax
[11:28] {Threei} Counterparty Risk Management Policy Group III released the report on causes of financial crisis
[11:28] {Threei} In a cover letter to Treasury Secretary Henry M. Paulson Jr., the group attributed some of the crisis to human psychology.
[11:28] {Threei} "The root cause of financial market excesses on both the upside and the downside of the cycle is collective human behavior -- unbridled optimism on the upside -- and fear -- bordering on panic -- on the downside," the letter said.
[11:28] {Threei} really?
[11:28] {Threei} wow
[11:29] {cosmo} as ye descend, so shall ye ascend
[11:29] {cosmo} cheer up
[11:30] {dptl} lol ....they finalyfigure that out
[11:30] {Threei} uhhu
[11:30] {Threei} I could tell them all about it long ago
[11:30] {dino} so basically, fear and greed
[11:30] {Threei} for a small administrative fee
[11:31] {Threei} would be much cheaper for them than bear with outcome now
[11:31] {dino} they just say it so much better
[11:31] {dptl} :)
[11:32] {Threei} sure... English is their first language
[11:32] {cosmo} but greed is only a function of fear ... i thot
[11:32] {Threei} but can they trout people?
[11:32] {Threei} oh wait
[11:32] {Threei} they can
[11:34] {judijim} Judi's off to work, not that trading isn't work but she's off for the day. Be back tomorrow
[11:34] {Threei} take care jj
[11:34] {Threei} and no, trading is not work
[11:35] {Threei} it's pure and unbridled fun
[11:37] {dino} the game the game, nothing quite the same, all that really matters is the game
[11:47] {Threei} watching AKM
[11:47] {Threei} AKAM
[11:47] {Threei} maybe time for little bounce scalp
[11:47] {Threei} .35 trigger, .29 stop
[11:49] {dino} out pcln .60
[11:49] {dino} +.60
[11:50] {Threei} wtg
[11:50] {peterg} wtg
[11:50] {lars} nj dino
[11:51] {Threei} 1/10 of that on AKAM {G}
[11:51] {dino} ty
[11:51] {dino} too soon it seems
[11:53] {dino} vrsn stopped again -.33, done w/it
06[11:55] * laserdave1 slaps Threei around a bit with a large trout
06[11:55] * laserdave1 slaps magoo around a bit with a large trout
[11:55] {laserdave1} one of the three stooges is not here
[11:55] {laserdave1} :(
[11:55] {laserdave1} o well i get two of you
[11:56] {dptl} lol Dave....nice strike
[11:56] {laserdave1} ah that is so nice of you to say
06[11:56] * laserdave1 slaps dptl around a bit with a large trout
[11:56] {dptl} lol
[11:56] {laserdave1} :)
[11:56] {dino} hayn
[11:59] {dino} v stopped -.33
[12:00] {Threei} was it pre-emptive strike?
06[12:16] * Chaeron slaps laserdave1 around a bit with a large trout
[12:17] {Chaeron} hi all
[12:17] {dino} pcln sm l .00
[12:20] {Threei} chaeron :)
[12:28] {dino} mflx l .99
[12:42] {hawkfan4} oil dropping, in UAUA
[12:48] {Threei} USO red
[12:48] {Threei} good
[12:48] {hawkfan4} very
[12:59] {dino} v sm cme l .32
[13:04] {dino} out mflx .07 +.08]
[13:06] {dino} sm s hayn .95
[13:18] {esemde} ladies and germs.....see you all later or possibly to morrow...have some errands to run
[13:18] {Threei} take care ese
[13:18] {esemde} see ya vad
[13:22] {Chaeron} .
[13:24] {Threei} hmmm
[13:25] {Threei} Chrysler/Nissan partnership?
[13:25] {Threei} ?me is thinking of changing the carmaker
[13:36] {dino} out cme 336.52, +1.20
[13:37] {dino} out aig .50, +.40
[13:38] {hawkfan4} nice job
[13:38] {dino} ty
[13:54] {peterg} See y'all Tuesday, off to swelter in Miami Beach! Have nice trip Vad
[13:55] {Threei} thank you peter
[13:55] {Threei} have fun
[13:55] {dino} take care pete
[13:56] {peterg} thks--might be able to tune in Fri late; make a cupla cents
[13:56] {peterg} or lose, as the case may be :) :(
[13:57] {peterg} anybody have experience w Parallels on mac simulating windows?
[13:57] {peterg} cant get laser to connect.
[13:57] {peterg} on that system
[13:58] {Threei} I will be amazed if Laser is the only thing not working
[13:58] {peterg} creaky Fidelity system works
[13:58] {Threei} none of trading applications is designed with mac in mind
[13:58] {Threei} that's not application really
[13:58] {Threei} that's browser-based
[13:58] {peterg} right--Parallels installs virtual windows system inside mac
[13:59] {peterg} so windows programs work
[13:59] {Threei} insert "some"... :)
[13:59] {peterg} I bought and installed windows XP in the mac
[13:59] {peterg} some
[13:59] {peterg} hug
[13:59] {peterg} huh
[13:59] {peterg} gotcha
[13:59] {peterg} so long
[14:02] {dino} kalu bloody
[14:06] {Threei} FNM looks to lose 10
[14:23] {dino} sohu
[14:27] {dino} hayn stopped ave -.35
[14:28] {dino} sohu sm l .90
[14:37] {dino} tbsi
[14:38] {Threei} USO looks to drop from here
[14:39] {Threei} loss of .50 is first signal and .40 is confirmation
[14:40] {dino} sohu stop to b/e
[14:42] {dino} out sohu .06 +.16
[14:45] {Threei} **consensus expectation: $6.3Be v $7.8B prior
[15:00] {Threei} JUNE CONSUMER CREDIT: $14.3 V $6.3BE
[15:00] {Threei} huh?
[15:02] {dino} increased
[15:02] {Threei} 14 vs 6 estimate?
[15:02] {Threei} who the hecl does those estimates?
[15:04] {dino} magoo's responsible for them
[15:07] {Threei} tell his to sober up before writing report
[15:07] {Threei} his = him
[15:08] {Threei} I mean come on... if you lower estimate by 1 billion with each shot of vodka...
[15:08] {Threei} we can only hope that you can't handle 14 shots in a row
[15:10] {dino} aig sm l .85, stop .47
[15:10] {dino} sohu l sm .80, stop .46
[15:14] {dino} don't underestimate him
[15:14] {Threei} then we are in troubles
[15:14] {lars} 15 shots in a row tops
[15:21] {dino} v sm cme l .01
[15:26] {dino} out cme 2.21, +1.20
[15:26] {dino} too soon
[15:27] {dino} or not
[15:27] {dino} sohu stop to .99
[15:27] {dino} out +.19
[15:28] {lars} need to kick aig dino
[15:28] {dino} i have been, foot hurts
[15:28] {dptl} have a good evening all see ya tomorrow:)
[15:28] {dino} tighten stop to .78
[15:28] {lars} lol... let me help you
[15:29] {dino} l8r dp
[15:29] {Threei} take care dp
[15:31] {dino} aig stopped -.07
[15:39] {dino} sm sohu l .60
[15:40] {dino} eurx
[15:48] {fernp} I can not be here tomorrow, so Vad, have a nice and relaxing cruise
[15:48] {Threei} thank you fern
[15:48] {Threei} I am sujre I will
[15:48] {Threei} and will return rested, re-energized
[15:48] {Threei} re-juvenated
[15:48] {Threei} re- soemthing else
[15:48] {fernp} lol
[15:48] {Threei} :)
[15:49] {Threei} oh, re-inflated... they say food is good and plentiful :)
[15:53] {dino} you leaving tomorrow vad?
[15:54] {dino} you will gain 12 lbs.
[15:54] {Threei} saturday
[15:54] {Threei} 12?
[15:54] {Threei} wow
[15:54] {dino} ok. i lreave the 15th
[15:55] {Threei} I won't see you then before your return
[15:56] {dino} i'll be back to work on the 21st
[15:57] {dino} out sohu .99, +.39
[15:58] {Threei} Thank you all
[15:59] {Threei} have a good evening
[15:59] {Threei} see you tomorrow
[15:59] {lars} cya vad
[15:59] {hawkfan4} u 2
[16:00] {dino} out pcln flat hours

Wednesday, August 6, 2008

Aug 06 2008

Session Time: Wed Aug 06 00:00:01 2008
[08:19] {Threei} [FRE] Freddie Mac Reports Q2 -$1.63 v -$0.53e, R $1.69B v $2.18Be, Provision for credit losses $2.5B; cuts dividend to $0.05 from $0.25 prior
[08:19] {Threei} - Says securities impairment $1.0B
[08:19] {Threei} - Estimated regulatory core capital was $37.1B at June 30, 2008, which represented an estimated $8.4B in excess of the company's statutory minimum capital requirement, and an estimated $2.7B in excess of the 20 percent mandatory target capital surplus directed by the Office of Federal Housing Enterprise Oversight (OFHEO).
[08:19] {Threei} - The company believes that it is adequately reserved for incurred losses. As of June 30, 2008, the reserve covers approximately 2.7 times of annualized second quarter 2008 contractual net charge-offs.
[08:19] {Threei} - Sees provisions for credit losses remaining high and charge-offs continuing to increase in the remainder of 2008.
[08:42] {hawkfan4} good morning
[08:44] {Threei} Good morning
[08:44] {hawkfan4} hi vad :)
[08:45] {Threei} sooo... FRE/FNM get killed and recover and go green :)
[08:45] {Threei} that's how it happened every time in the past
[08:45] {Threei} does it hold or this time they are finished for a long while
[08:46] {hawkfan4} been trading FRE, had a couple nice shorts, now long .49, stop .34
[08:46] {peterg} hi guys
[08:46] {Threei} peter :)
[08:46] {hawkfan4} morning
[08:47] {Threei} it's an aggressive entry you took
[08:47] {Threei} per chart, .61 would be long trigger
[08:47] {hawkfan4} yes, and so far it's not working. thought .50 break might get it going
[08:48] {Threei} ABK
[08:48] {Threei} it will or it will not
[08:48] {Threei} you know very well... there is nothing inherently wrong with aggressive entries
[08:49] {Threei} and fatalistic approach is the best after the entry's taken
[08:49] {Threei} held this round of selling well
[08:50] {hawkfan4} for me, the closer to the stop, the better. that way i can be wrong more and still be ok. I have a hard time waiting for breaks
[08:50] {Threei} yup
[08:50] {Threei} setup is the function of the market; the way you play it is the function of your personality
[08:50] {Threei} there... "Vadism of the day"
[08:51] {hawkfan4} i like it :)
[08:52] {Threei} from one of Expos when I was participating in those enormous gatherings... during book signing, I complained quietly that I am running out of ideas what to write and not delighted by standard repeating signature
[08:53] {Threei} someone said "ah, just compe up with new vadism for every book"
[08:53] {hawkfan4} that's a tall order
[08:53] {Threei} no kidding.. easy to do 3 times
[08:53] {Threei} not 30
[08:55] {Threei} so far so good FRE
[08:55] {Threei} break of .60 should make or break this trade
[08:56] {hawkfan4} nice, now to sell 8? ;=)
[08:57] {Threei} 08/05/08 04:30pm [MFLX] Reports Q4 $0.34 v $0.36e, R $167.6M v $165.3Memore.. - Gross Margins 13.8% v 4.6% y/y
[08:58] {Threei} my scalping soul would have seeked relief into spike on .65 break
[08:59] {Threei} my greedy soul would wait for closer 7
[08:59] {Threei} but my greedy soul gets creamed more often than it gets rewarded
[08:59] {Threei} so do your own soul-searching :)
[09:00] {hawkfan4} mine too, i've been trying to get more scalpy, like yesterday with UAUA, i really should've sold it on the first trip to 10, then i could have bought it back lower and had another trade
[09:01] {Threei} that's the whole idea of short term trading... catch your waves and skip unfavorable ones
[09:01] {Threei} so on the $1 move made twice by stock you get $2 profit :)
[09:02] {hawkfan4} yep, i have a tendency to get hung up on bigger targets. 1/3 out FRE .67
[09:02] {Threei} if need some compromise between holding and taking profit, with right entries and tight stops double lot can do wonders
[09:03] {Threei} one for longer hold, one for normal day trading
[09:03] {Threei} trade around with one, try to hit it big with another, keep orioginal stop for this "holding lot"
[09:04] {Threei} this break of .80 is where my daytrading sould would have found calm and quiet
[09:04] {hawkfan4} i do that all the time. had 3 for UAUA yesterday cuz i added just above my stop
[09:04] {Threei} :)
[09:05] {hawkfan4} of course then i decided to wrestle with MOS a few times and got creamed.
[09:09] {hawkfan4} out 1/3 more at .70, trailing the .68 bid
[09:09] {lars} morning all
[09:09] {Threei} lars :)
[09:13] {dino} gm all, had some fun w/pcln afterhours
[09:13] {Threei} dino :)
[09:14] {hawkfan4} out FRE .66
[09:15] {hawkfan4} wow, i hadn't even looked at PCLN. Crushed
[09:18] {dino} yeah, picked up 900 on 3 trades between 4:15 and 5:30
[09:18] {dino} magoo too
[09:18] {dino} original entry was 94
[09:19] {magoo} morn..hung over here
[09:19] {hawkfan4} sweet, nice job
[09:19] {Threei} magoo :)
[09:19] {dino} fwiw, your scalping talk above, me too guys
[09:19] {pita} morning all
[09:19] {Threei} pita :)
[09:24] {dino} watching wfmi, mflx, pcln
[09:31] {fernp} Goo morning
[09:31] {Threei} fern :)
[09:32] {judijim} good morning everyone
[09:32] {Threei} jj :)
[09:33] {Threei} ABK, 5 break if stays above 4.90
[09:33] {Threei} if loses it want it closer to 4.70
[09:34] {magoo} in
[09:34] {Threei} 1:1 easy
[09:35] {Threei} 1:2
[09:35] {magoo} out .27 TY
[09:35] {Threei} 1:3, I am out
[09:35] {Threei} welcome
[09:35] {Threei} easy money
[09:35] {lars} out .28 nice start :)
[09:35] {Threei} :)
[09:36] {dino} gj
[09:36] {Threei} ty
[09:38] {Threei} pullback closer to 5 deserves attention
[09:38] {Threei} market selling pressure, should help it get there
[09:39] {Threei} here we go, wastch for market turn and grab it
[09:39] {Threei} same setup
[09:39] {Threei} in
[09:39] {Threei} same stop too
[09:40] {Threei} 1:1
[09:40] {Threei} deja vu
[09:40] {Threei} lol
[09:40] {Threei} more conservative on target this time though
[09:40] {Threei} out half
[09:41] {Threei} 4.95 stop
[09:41] {dino} sm risky, mflx l .00
[09:41] {Threei} {USO}
[09:42] {Threei} 1:2
[09:42] {Threei} deja vu, I am telling
[09:42] {Threei} you
[09:42] {Threei} out in full
06[09:42] * magoo slaps Threei around a bit with a large trout
[09:42] {Threei} what did I do?
[09:43] {lars} nice call again :)
[09:43] {magoo} u were too good:)
[09:43] {Threei} ty... I can imagine what magoo is going to do to me when I call a stop
[09:44] {Threei} FRE
[09:44] {dino} winn
[09:44] {esemde} morning all
[09:44] {dino} bad prints
[09:44] {Threei} ese :)
[09:44] {Threei} not taking 5 this time so confidently if it gets there again
[09:45] {Threei} this time I'd like different type of entry
[09:45] {Threei} consolidation closer to day high and break
[09:46] {Threei} if it can do it and nothing bad happens news/oil wise, 6 is a reasonable target
[09:46] {Threei} with a lot of breathing on the way of course
[09:47] {Threei} if however loses 5, will have to re-evaluate
[09:49] {dino} wfmi sm l .50 stop lod
[09:52] {magoo} ;l aapl .12
[09:52] {pita} any read pcln?
[09:54] {dino} feels lower
[09:54] {dino} lets see if lod holds
[09:54] {Threei} to me too, I would be more comfortable looking for entry around 98 or under
[09:54] {Threei} but its volatility makes any read quite fuzzy
[09:55] {magoo} hit 94 last nite
[09:55] {dino} was thinking 95
[09:55] {dino} strike
[09:55] {dino} report actually was good
[09:59] {magoo} waiting .87
[10:00] {dino} waiting at 96.70
[10:00] {dino} mflx stopped -.31
[10:01] {lars} wfmi nice
[10:01] {dino} out wfmi .90, +.40
[10:01] {dino} ty
[10:02] {lars} :)
[10:03] {magoo} missed aapl exit greed
[10:03] {magoo} .65 easy
[10:03] {Roman} 21 where is the stop now?
[10:03] {dino} mflx rinse-r-roni
[10:03] {Roman} 21 I am in wit wit u
[10:03] {magoo} 158 .90
[10:04] {magoo} we hasd 50 cents
[10:04] {magoo} get out it could crash
[10:05] {dino} ugh, .71 hits not my .70
[10:05] {dino} ok sm .72 pcln
[10:07] {magoo} back in .23
[10:10] {dino} thats because thery haven't been paid yet
[10:10] {dino} out pcln 98.22, +1.50
[10:10] {Threei} wtg
[10:11] {dino} ty, lucky entry
[10:11] {Threei} FRE 7.05 long if holding above 6.90
[10:11] {dino} all that cle\an living ya know
[10:14] {esemde} VRNM....anybody know anything about this one?
[10:14] {esemde} up51%
[10:14] {Threei} FRE
[10:14] {Threei} ABK
[10:15] {Threei} 00:02am [VRNM] Signs partnership with BP to accelerate the commercialization of cellulosic ethanol
[10:15] {magoo} l rimm .90
[10:15] {Threei} 08:18am [VRNM] Jefferies Raised VRNM to Buy from Hold, price target: $5
[10:15] {magoo} small shares 200 bux max stop
[10:16] {Threei} looks interesting ese
[10:16] {esemde} does indeed
[10:18] {esemde} don't penny stocks ....does there look like much potential Vad?
[10:18] {esemde} bstop at .10
[10:18] {esemde} how far will it move ?
[10:18] {Threei} pretty much depends on whether it gets attention which is always a coin toss
[10:18] {pita} ABK?
[10:19] {esemde} that "don't Play penny Stocks"
[10:19] {Threei} if does, it can easily turn into a serious runner
[10:19] {dino} sm l cedc .00
[10:19] {magoo} wait aaspl .12
[10:19] {esemde} think I will keep this on the Radar
[10:19] {Threei} no clear read on ABK here
[10:20] {magoo} out + something big
[10:20] {Threei} wtg
[10:21] {magoo} [10:07] {magoo} back in .23
[10:21] {dino} gj
[10:21] {magoo} i say it almost everyday...i trading 300-500 shares and max loss bux
[10:22] {magoo} enough room to avoid rinse...but if goes bad get out .....we can "catch next wave...vadism"
[10:23] {dino} ditto
[10:23] {Threei} VRNM
[10:23] {Threei} almost there
[10:23] {Threei} there without almost now
[10:23] {magoo} max loss 200 bux ..missed the number there..sigh
[10:24] {magoo} still in rimm call
[10:24] {magoo} got .40=
[10:25] {magoo} waiting .56
[10:25] {Threei} FRE no worky
[10:26] {Threei} VRNM starting to look serious
[10:27] {magoo} out rimm here
[10:27] {esemde} indeed
[10:27] {Threei} I think ese got a runner spotted
[10:27] {magoo} [10:15] {magoo} l rimm .90
[10:27] {esemde} how would you buy it size 2 lots...3 lots??
[10:29] {Threei} pretty much personal management... for me, 1 lot on original breakout with possible adding on the next one if looks accumulated
[10:29] {Threei} oil inventories soon
[10:29] {dino} cedc out .40, +.40
[10:29] {dino} pcln going to test lod
[10:32] {Threei} - note: released 5 mins early, ahead of the DOE data{USO}
[10:35] {Threei} *DOE CRUDE: +1.6M V -100KE;
[10:35] {Threei} GASOLINE: -4.3M V -1.4ME; DISTILLATES: +2.8M V +2ME;
[10:35] {Threei} what was that all about?
[10:36] {Roman} 21 UAUA?
[10:36] {Roman} 21 vad
[10:36] {Threei} not here
[10:36] {Threei} had to react quickly around .50 when oil started tanking
[10:37] {Threei} I didn't even bother to type, happened too fast
[10:37] {Threei} VNRM
[10:37] {Threei} - likely pre-open
[10:37] {Threei} VRNM, sorry
[10:38] {Threei} {USO}
[10:45] {esemde} long GLBL
[10:46] {esemde} .78
[10:47] {peterg} .80
[10:48] {esemde} stop .70 full lot
[10:53] {esemde} good...shallow up to 9.00......ya^%$##%
[10:55] {esemde} opps...please excuse the language...\
[11:00] {dino} .last try mflx sm l .00, stop .64
[11:01] {peterg} out GLBL even to remove jinx for ese
[11:02] {esemde} see ya peter......good luck with it ...i may be outta here also
[11:02] {esemde} go dino go!!!
[11:03] {esemde} hmmm read that wrong...thought jinx was stock symbol...
[11:06] {dino} lol
[11:06] {Threei} hehe
[11:06] {dino} tick tock,,, times' wasting, tee off in 1 hour
[11:06] {dino} c'mon mflx
[11:07] {esemde} someone givre me a quote on quotes have stopped
[11:07] {Threei} 8.80
[11:07] {esemde} tks
[11:07] {esemde} whats goin on??
[11:07] {dino} ?
[11:07] {esemde} no quotes from Questrade....
[11:08] {lars} Cisco's chambers sure knocked down emc
[11:08] {fernp} nor quotes from realtick
[11:08] {dino} what do you need?
[11:09] {fernp} esignal working. Thakns dino
[11:09] {dino} np
[11:10] {esemde} GLBL?
[11:10] {Threei} 8.78 x .79
[11:10] {esemde} tks...
[11:13] {Threei} USO new low
[11:14] {Threei} 95.50 -95.40 area if broken, should launch panic selling USO
[11:14] {Threei} and send UAUA back t0 10 at least
[11:15] {esemde} GLBL...i'm still down
[11:15] {pita} later all, day job calls again.......
[11:15] {Threei} take care pita
[11:15] {dino} later
[11:15] {Threei} ese, .79 x.80
[11:15] {esemde} pita
[11:15] {esemde} tks
[11:16] {esemde} gonna restart computor
[11:17] {dino} you need to feed the hampsters
[11:17] {Threei} USO testing time and again
[11:17] {lars} you long rimm magoo?
[11:18] {dino} he's sidtracked
[11:18] {dino} dk
[11:19] {lars} up 2 bucks in 10 min and still going
[11:19] {dino} nice, you get it?
[11:20] {lars} since 122.3
[11:20] {Threei} wow
[11:20] {Threei} wtg
[11:20] {hawkfan4} nice
[11:20] {lars} very small shares though... still learning here
[11:21] {dino} gj
[11:21] {Threei} come on USO
[11:21] {Threei} die
[11:21] {Threei} under .40 now
[11:24] {esemde} am back and out of GLBL .80 +.02
[11:25] {Threei} UAUA like clockwork
[11:25] {esemde} must be the salt water......too many weird things happening with the net over here ...
[11:25] {Threei} 10 on the table
[11:25] {Threei} thank you USO
[11:26] {Threei} anyone played UAUA off this?
[11:26] {hawkfan4} you bet
[11:27] {Threei} :)
[11:27] {Threei} under 95 now
[11:27] {Threei} [11:14] {Threei} 95.50 -95.40 area if broken, should launch panic selling USO
[11:28] {Threei} if that's not a thing of beauty
[11:28] {hawkfan4} amazing, truly, nice call
[11:28] {Threei} and look how well this found correlation with UAUA contnues making us money day after day
[11:28] {Threei} until one day it stops
[11:29] {Threei} but ehnjoy the ride while it's there
[11:29] {lars} out half uaua .36
[11:30] {Threei} bounce time USO
[11:30] {Threei} (unfortunately)
[11:30] {lars} out all uaua
[11:30] {Threei} from?
[11:31] {lars} 10 t0 .41
[11:31] {hawkfan4} me too, .85 avg, big
[11:31] {dino} pcln l sm .50
[11:31] {Threei} that does it
06[11:31] * Threei slaps hawkfan4 around a bit with a large trout
[11:31] {lars} thx vad for the alert!
06[11:31] * Threei slaps lars around a bit with a large trout
[11:31] {lars} lol
[11:31] {Threei} oh, and you are welcome
[11:31] {hawkfan4} :)
[11:34] {dino} mflx stop to b/e
[11:34] {Threei} making good calls opens an opportunity to slap people, I doscovered... bodes so well to my violent nature
[11:35] {Threei} I mean kicking stocks is nice
[11:35] {Threei} but it's still not the same
[11:35] {dino} out mflx reverse slip .07, +.07
[11:37] {lars} I hope you slap me around a lot then!
[11:38] {Threei} UAUA goes up without oil help now
[11:44] {magoo} amazing how it never fails
[11:44] {magoo} i sit and push harder trades in m morn
[11:44] {magoo} then someone comes in office and easy EASY rimm aapl monster moves which i miss
[11:45] {Threei} {DAL}
[11:51] {dino} ok, gotta hop, take care all
[11:52] {fernp} bye dino
[11:52] {hawkfan4} cya dino
[11:53] {dino} :)
[11:54] {lars} cya dino
[11:54] {Threei} take care dino
[11:55] {dino} will do
[11:56] {lars} out half glbl ese... hope it runs some more:)
[11:57] {dino} ok, seriously have to go, cut pcln .24 -.26, badddddd entry
[12:19] {Threei} guys, article well worth 5 minutes of your time
[12:19] {Threei}
[12:21] {Threei} USO reversal back down is likely here
[12:22] {Threei} UAUA like clockwork
[12:24] {Threei} USO right on cue... who can I slap for this call?
[12:25] {hawkfan4} in .41
[12:25] {Threei} fess up, who benefitted?
[12:25] {Threei} ahha
06[12:25] * Threei slaps hawkfan4 around a bit with a large trout
[12:25] {hawkfan4} :)
[12:25] {peterg} so, the endowment effect causes us to value what we possess. out postions more than we would otherwise.
[12:25] {Threei} IMO, scalping time
[12:26] {Threei} exactly peter, which explains emotional attachment to stocks we have p;osition in
[12:26] {peterg} brief summary of very good article
[12:26] {Threei} distorting the read
[12:26] {peterg} exactly
[12:26] {Threei} go to any message board devoted to specific stocks, you'll see fanboys
[12:27] {Threei} people that manage to cheer bad news, badder news and baddest news
[12:27] {Threei} I actually witnessed once a group of fans cheering company announcement of volutary delisting!
[12:27] {hawkfan4} out .56. good idea on scalping time
[12:28] {Threei} believe it or not, it actually happened
[12:28] {peterg} our hero Jesse Livermore, always made mistakes when he listened to fanboys and bought the package.
[12:32] {Threei} noticed?
[12:32] {Threei} professional traders can, and do, overcome the effect
[12:33] {Threei} good exit hawk
[12:33] {Threei} who needs to see whole profit evaporating
[12:34] {hawkfan4} absolutely, something i'm working on with all my trades.
[12:48] {Threei} ABK approaches high
[12:57] {Threei} is it time VRNM?
[13:00] {Threei} out first lot .28
[13:03] {hawkfan4} where u in from vad?
[13:03] {Threei} 3.10, 3.01 and 3.20
[13:03] {hawkfan4} ok, thanks. .05 here
[13:13] {hawkfan4} 1/2 out .34
[13:13] {Threei} OK, I am getting tired of slapping hawk... anyone else makes profits???
[13:14] {Threei} great... now no one will confess
06[13:15] * Threei slaps laserdave1 around a bit with a large trout
[13:15] {patience} vad, my optimum trading conditions don't exist right now. cash is in the account. won't be long before it is back to volatile times.
[13:16] {Threei} I guess
[13:16] {Threei} but I wouldn't have slapped you anyway
06[13:16] * Chaeron slaps laserdave1 around a bit with a large trout
06[13:16] * magoo slaps laserdave1 around a bit with a large trout
06[13:16] * magoo slaps patience around a bit with a large trout
[13:19] {patience} hardest part of trading for me is not entering a trade out of boredom
[13:19] {Threei} that's because you are fighting sleep
[13:20] {Threei} I am not, I let myself fall asleep freely, and it makes irt easy not to enter anything
[13:20] {hawkfan4} lol, i need to try that
[13:21] {Threei} it aslso adds some vaguenes to my comments (it's hard to be crystal clear when you type in your sleep),
[13:22] {Threei} and such vagueness works to reinforce guru status
[13:22] {Threei} you know... lik Oracle who always gave quite confusing answers
[13:22] {Threei} and waas deeply respected for that
[13:23] {hawkfan4} :) that's where the vadisms come from eh?
[13:23] {Threei} no, those actually have different source
[13:23] {Threei} they are born when I really try to say somewthing meaningful,
[13:23] {Threei} however lack of proper Englush vocabulary makes my sentences very brif
[13:23] {Threei} thus very concise
[13:24] {Threei} so, it all comes from certain lackings
[13:24] {Threei} I just pretend it's all done intentionally
[13:25] {Threei} thus turning it to my advantage when pretend successfully
[13:25] {hawkfan4} lol
[13:26] {Threei} gosh.... all this stuff goes in room logs open forpublic
[13:55] {Threei} watching UAUA for bounce
[14:02] {magoo} u in yet?
[14:02] {Threei} and out
[14:02] {magoo} that does ittttttttttttttttttttttttttttttttttttttttttttttttt
[14:02] {lars} is it too late?
06[14:02] * magoo slaps Threei around a bit with a large trout
[14:02] {Threei} not even a trade... pure reflex
[14:03] {magoo} aapl nbounce here
[14:03] {magoo} l .12
[14:06] {magoo} out here .49
[14:06] {magoo} +.37???
[14:07] {lars} nice call magoo :)
[14:07] {Threei} :)
[14:07] {magoo} just lucky
[14:08] {magoo} i had rough day...up 250....down 1100...up 700 now
[14:09] {patience} holy doodles need a trip to the beer fridge
[14:11] {lars} glad i didnt chase uaua
[14:12] {Threei} scalping time, nothing is for chasing
[14:16] {magoo} i like aapl to go to day higfh
06[14:21] * magoo slaps Threei around a bit with a large trout
06[14:21] * magoo slaps Threei around a bit with a large trout
06[14:21] * magoo slaps Threei around a bit with a large trout
[14:21] {Threei} sigh
[14:21] {lars} i need to figure out how to slap somebody
[14:22] {magoo} oh..oops..i thought i read u said its slapping time..u said scalping
[14:22] {lars} lol
[14:22] {Threei} easy lars
[14:22] {lars} : )
[14:22] {Threei} point your cursor at magoo
[14:22] {fernp} lol
[14:22] {Threei} highlight magoo
[14:22] {Threei} right click
06[14:22] * lars slaps magoo around a bit with a large trout
[14:22] {Threei} (remaining on magoo)
[14:22] {Threei} there
[14:23] {Chaeron} by George, direct hit!
[14:23] {magoo} sigh
[14:23] {lars} that fealt pretty good lol
[14:23] {lars} or felt?
[14:23] {Threei} either will do
[14:24] {Threei} getting a taste of violence and bad typing?
[14:24] {Threei} you are a trader
[14:27] {lars} out aapl +.31
[14:27] {magoo} l rimm .71
[14:27] {magoo} just a um scalp
[14:27] {lars} nice call magoo
[14:28] {lars} have to head to san diego cya all later
[14:28] {Threei} take care lasr
[14:28] {magoo} bye lars
[14:29] {lars} other day job : )
[14:34] {magoo} ewaiting .94 rimm
[14:35] {hawkfan4} ABK new high
[14:35] {magoo} out aapl .58
[14:35] {magoo} 165 comith but it will breathe
06[14:36] * magoo slaps laserdave1 around a bit with a large trout
06[14:36] * magoo slaps laserdave1 around a bit with a large trout
06[14:36] * magoo slaps laserdave1 around a bit with a large trout
[14:38] {magoo} OUT .94 here
[14:50] {magoo} 14:36] {magoo} 165 comith but it will breathe
[14:50] {magoo} 14:16] {magoo} i like aapl to go to day higfh
[14:56] {magoo} vad, usual question here
[14:57] {Threei} down... but just a tad, no harsh selloff
[15:04] {hawkfan4} Vad, sorry, but you can't go on vacation. out 1/2 ABK +.68
[15:05] {Threei} OK
06[15:06] * Threei phones Royal Caribbean Line and cancels his cruise telling them hawkfan won't let him go
[15:06] {hawkfan4} thank you :)
[15:06] {Threei} oh sure
[15:08] {Threei} lord... was so busy with administrative stuff, didn't notice how my second lot of VRNM got taken out at .45
[15:09] {Threei} ese, making decent money on your own find?? :)
[15:38] {esemde} are you refering to VRNM? vad
[15:40] {esemde} didn't enter it....didn't know what to do...big lot small lot
[15:40] {esemde} ??
[15:41] {esemde} plus i'm not familiar with how peny stocks move
[15:41] {Threei} Ok
[15:41] {esemde} watched it though
[15:42] {peterg} VNRM not penny stock, 349 pennies. Still penny?
[15:42] {peterg} or puny?
[15:43] {peterg} May I have permission for whining? For a moment?
[15:43] {esemde} good question....i usually will not play anything under 5.00
[15:44] {esemde} certainly....whin away...
[15:44] {peterg} In my day job, demands are up at the moment in the morning
[15:44] {Threei} [09:46] {Threei} if it can do it and nothing bad happens news/oil wise, 6 is a reasonable target
[15:44] {Threei} [09:46] {Threei} with a lot of breathing on the way of course
[15:44] {Threei} that was ABK comment
[15:44] {peterg} when things are interesting.
[15:44] {peterg} SO hard to develop feel for stox & mkt.
[15:44] {peterg} There, done with whining
[15:45] {patience} it's august peter
[15:45] {hawkfan4} a beautiful call vad
[15:46] {peterg} august is the cruellest month
[15:46] {peterg} or was it april?
[15:46] {peterg} it was april
[15:46] {patience} august is head banging month due to boredom
[15:46] {Threei} yup
[15:47] {peterg} with me it is frustration ; i cant get to boredom
[15:47] {peterg} Grea month for sharpening skills and pencilt
[15:48] {patience} i can't complain peter. i made money my investment accounts, but no trading to suit my style
[15:48] {peterg} congratulations
[15:50] {peterg} Ready for poetry reading?
[15:50] {patience} is it vad's poetry?
[15:51] {peterg} Identify author:
[15:51] {peterg} It seemed that out of battle I escaped
[15:51] {peterg} down some profound dull tunnel
[15:52] {peterg} long since scooped through granites which titanic wars had groined.
[15:52] {peterg} openng line
[15:52] {peterg} for 25 points, who wrote this?
[15:52] {patience} just a sec...checking google
[15:52] {peterg} is that alloweed?
[15:53] {patience} you're making the rules up, you tell me
[15:53] {peterg} allowed
[15:53] {patience}
[15:54] {peterg} Yes!!!!
[15:54] {peterg} author?
[15:54] {patience} are you buying me a beer?
[15:54] {peterg} yes!!
[15:54] {patience} are you our trading poet laurette?
[15:54] {peterg} for today
[15:55] {hawkfan4} gotta run, thanks vad, all, super day
[15:55] {peterg} bye hawk
[15:56] {hawkfan4} :)
[15:56] {Threei} thank you all
[15:56] {Threei} have a great evening
[15:56] {Threei} see you tomorrow
[15:57] {magoo} u too..ty all
[15:57] {peterg} tomorrow! all
[16:00] {laserdave1} mags dcc if still here
[16:00] {magoo} the golf course for magoo too

Tuesday, August 5, 2008

Aug 05 2008

Session Time: Tue Aug 05 00:00:00 2008

[08:38] {hawkfan4} good morning
[08:39] {Threei} Good morning
[08:39] {cosmo} so far
[08:39] {Threei} thanks to oil
[08:39] {Threei} don't you love this free fall
[08:40] {Threei} may we see it continuing all the way back to, ummm
[08:40] {Threei} where would I be satisfied
[08:40] {cosmo} $15 here
[08:40] {hawkfan4} lol
[08:40] {Threei} I wouldn't mind :)
[08:40] {cosmo} solars should send it there
[08:41] {cosmo} it would still be competative as a lubricant, maybe
[08:43] {cosmo} COMS sees better times ahead...fwiw
[08:47] {Threei} ELN continues recovery
[08:50] {hawkfan4} that was a nice one yesterday
[08:51] {hawkfan4} ABK gapping
[08:54] {judijim} good morning
[08:55] {Threei} jj :)
[08:55] {tomg} good morning
[08:55] {Threei} tom :)
[09:03] {Threei} ·In energy news overnight an OPEC source said that OPEC is unlikely to change output quotas at the September meeting unless oil prices fall below $80/barrel.
[09:03] {Threei} hehe
[09:03] {Threei} are we starting projecting that far down?
[09:11] {dino} gm all
[09:13] {Threei} dino :)
[09:16] {dino} gm. vad when are you cruising?
[09:16] {dptl} good morning all
[09:17] {magoo} l.dfm.xfvm.x.kjdf,.xdn.,x
[09:17] {Threei} dp, magoo :)
[09:17] {Threei} next week dino
[09:18] {dino} ok
[09:19] {magoo} great, right after i convert my ome to wood pellots heating system..oil return s to $80 lol
[09:19] {Threei} I suspect you may have been the reason
[09:20] {Threei} killed the demand, you know...
[09:24] {Threei} ABK daily has no resistance up to 6
[09:24] {fernp} Good morning all
[09:25] {Threei} fern :)
[09:25] {Threei} so... considering that Fed holding steady today is almost a given, non-event?
[09:27] {Threei} also, look at UAUA daily
[09:27] {Threei} break of 10 looks like total springboard
[09:27] {Threei} dependency on oil makes it harder read but still
[09:28] {pita} gm all
[09:28] {Threei} pita :)
[09:28] {peterg} hello
[09:29] {Threei} peter :)
[09:30] {lars} morning all
[09:30] {Threei} lars :)
[09:31] {Threei} ABK formed 4.50 - 4.65 range
[09:31] {Threei} yesterday's scenario though was to invalidate break, then bottom out and go over range high
[09:32] {Threei} UAUA 9.50 break long (with oil directional support of course)
[09:34] {Threei} in UAUA aggressively
[09:34] {Threei} stop under .30
[09:34] {Threei} pulled back into .35 support, market moved up and oil down at the moment
[09:34] {Threei} so grabbed .37
[09:35] {hawkfan4} got .38
[09:35] {Threei} need break of .50 for this entry to be more than scalp
[09:36] {Threei} USO losing .40 and droopping sharply is needed
[09:36] {Threei} come on UAUA, don't quit on us now
[09:37] {Threei} NQ is trying for a new high
[09:37] {Threei} ugh
[09:37] {Threei} OK, stopped
[09:38] {dino} rick stop to .95 from p.m. yesterday
[09:38] {dino} out +.42
[09:40] {Threei} missed ABK entry
[09:40] {Threei} anyone got it?
[09:41] {lars} missed it here
[09:41] {Threei} feels like frenzy is coming
[09:42] {Threei} pullback is still better on this type than break
[09:42] {dino} cedc l sm .10, wide
[09:43] {dino} out .50, +.40
[09:43] {dino} that was fast
[09:43] {Threei} no kidding
[09:43] {Threei} wtg
[09:44] {dino} lol
[09:44] {dino} got lucky
[09:46] {dino} l sm cedc .91 wide
[09:47] {Threei} ABK is coming into support
[09:49] {esemde} GM...
[09:49] {Threei} ese :)
[09:50] {Threei} USO, break or failure
[09:51] {Threei} that will define UAUA off 9 support
[09:54] {dino} tighten cedc to .81 not moving
[09:54] {Threei} if you got ABK around .70, half out out here
[09:56] {dino} cedc stop to b/e
[09:56] {dino} stopped
[10:00] {Threei} Non-Mfg Prices Paid Index: 80.8 v 84.5 in June (highest since Index launched in 1997)
[10:01] {Threei} Employment: 47.1 v 43.8 in June
[10:01] {Threei} - New Orders Index: 47.9 v 48.6 in June
[10:01] {Threei} out ABK in full
[10:01] {Roman} 21 long WM 5.10
[10:01] {Threei} wait for pullback for re-entry
[10:04] {Threei} ELN .71 long
[10:04] {Threei} .59 stop
[10:05] {magoo} in
[10:06] {Threei} anyone sees anything horribly wrong with the following:
[10:06] {Threei} GS
[10:07] {Threei} MER downgrading GS?
[10:08] {Threei} that's almost like Siberian branch of children's drink Buratino expressing concern about sustainability of Coca Cola business model
[10:09] {magoo} what???
[10:09] {dino} qgen
[10:10] {dino} where do you get this stuff vad?
[10:10] {Threei} lol
[10:10] {dino} ottr blood
[10:10] {Threei} I have wild imagination
[10:11] {dino} understatement
[10:15] {Threei} {USO}
[10:15] {Threei} yeah, let's help oil stay strong
[10:15] {Threei} see how it's rocketing on such rfemarks?
[10:16] {Threei} {USO}
[10:20] {magoo} l rimm hrer
[10:20] {magoo} .30
[10:22] {magoo} out here .84
[10:22] {magoo} easy button
[10:24] {Threei} nice one
[10:26] {Threei} if USO double-tops here, UAUA for a scalp
[10:26] {dino} sm l vrtx .80, stop .47
[10:28] {Threei} 97.50 broken, no play
[10:28] {Threei} unless it shows sharp red bar, as usual requirement for UAUA
[10:29] {dino} cedc sm l .30
[10:32] {Threei} USO loss of .50 and fast drop would launch the play
[10:33] {Threei} ok in
[10:34] {Threei} a bit anticipatory entry
[10:34] {Threei} but want to keep stops tight
[10:34] {Threei} 8.95 in this case
[10:35] {esemde} are you long or short Vad?
[10:35] {Threei} come on smelly stuff, drop
[10:35] {Threei} long UAUA
[10:35] {esemde} short....
[10:35] {Threei} which is essentially short oi;
[10:35] {esemde} ahhhhh
[10:39] {Threei} half out.18 and .19
02[10:39] * Disconnected
02[10:40] * Attempting to rejoin channel #discussions
03[10:40] * Rejoined channel #discussions
[10:40] {Threei} I suspect you may have been the reason
[10:40] {Threei} killed the demand, you know...
[10:40] {Threei} ABK daily has no resistance up to 6
[10:40] {fernp} Good morning all
[10:40] {Threei} fern :)
[10:40] {Threei} so... considering that Fed holding steady today is almost a given, non-event?
[10:40] {Threei} also, look at UAUA daily
[10:40] {Threei} break of 10 looks like total springboard
[10:40] {Threei} dependency on oil makes it harder read but still
[10:40] {pita} gm all
[10:40] {Threei} pita :)
[10:40] {peterg} hello
[10:40] {Threei} peter :)
[10:40] {lars} morning all
[10:40] {Threei} lars :)
[10:40] {Threei} ABK formed 4.50 - 4.65 range
[10:40] {Threei} yesterday's scenario though was to invalidate break, then bottom out and go over range high
[10:40] {Threei} UAUA 9.50 break long (with oil directional support of course)
[10:40] {Threei} in UAUA aggressively
[10:40] {Threei} stop under .30
[10:40] {Threei} pulled back into .35 support, market moved up and oil down at the moment
[10:40] {Threei} so grabbed .37
[10:40] {hawkfan4} got .38
[10:40] {Threei} need break of .50 for this entry to be more than scalp
[10:40] {Threei} USO losing .40 and droopping sharply is needed
[10:40] {Threei} come on UAUA, don't quit on us now
[10:40] {Threei} NQ is trying for a new high
[10:40] {Threei} ugh
[10:40] {Threei} OK, stopped
[10:40] {dino} rick stop to .95 from p.m. yesterday
[10:40] {dino} out +.42
[10:40] {Threei} missed ABK entry
[10:40] {Threei} anyone got it?
[10:40] {lars} missed it here
[10:40] {Threei} feels like frenzy is coming
[10:40] {Threei} pullback is still better on this type than break
[10:40] {dino} cedc l sm .10, wide
[10:40] {dino} out .50, +.40
[10:40] {dino} that was fast
[10:40] {Threei} no kidding
[10:40] {Threei} wtg
[10:40] {dino} lol
[10:40] {dino} got lucky
[10:40] {dino} l sm cedc .91 wide
[10:40] {Threei} ABK is coming into support
[10:40] {esemde} GM...
[10:40] {Threei} ese :)
[10:40] {Threei} USO, break or failure
[10:40] {Threei} that will define UAUA off 9 support
[10:40] {dino} tighten cedc to .81 not moving
[10:40] {Threei} if you got ABK around .70, half out out here
[10:40] {dino} cedc stop to b/e
[10:40] {dino} stopped
[10:40] {Threei} Non-Mfg Prices Paid Index: 80.8 v 84.5 in June (highest since Index launched in 1997)
[10:40] {Threei} Employment: 47.1 v 43.8 in June
[10:40] {Threei} - New Orders Index: 47.9 v 48.6 in June
[10:40] {Threei} out ABK in full
[10:40] {Roman} 21 long WM 5.10
[10:40] {Threei} wait for pullback for re-entry
[10:40] {Threei} ELN .71 long
[10:40] {Threei} .59 stop
[10:40] {magoo} in
[10:40] {Threei} anyone sees anything horribly wrong with the following:
[10:40] {Threei} GS
[10:40] {Threei} MER downgrading GS?
[10:40] {Threei} that's almost like Siberian branch of children's drink Buratino expressing concern about sustainability of Coca Cola business model
[10:40] {magoo} what???
[10:40] {dino} qgen
[10:40] {dino} where do you get this stuff vad?
[10:40] {Threei} lol
[10:40] {dino} ottr blood
[10:40] {Threei} I have wild imagination
[10:40] {dino} understatement
[10:40] {Threei} {USO}
[10:40] {Threei} yeah, let's help oil stay strong
[10:40] {Threei} see how it's rocketing on such rfemarks?
[10:40] {Threei} {USO}
[10:40] {magoo} l rimm hrer
[10:40] {magoo} .30
[10:40] {magoo} out here .84
[10:40] {magoo} easy button
[10:40] {Threei} nice one
[10:40] {Threei} if USO double-tops here, UAUA for a scalp
[10:40] {dino} sm l vrtx .80, stop .47
[10:40] {Threei} 97.50 broken, no play
[10:40] {Threei} unless it shows sharp red bar, as usual requirement for UAUA
[10:40] {dino} cedc sm l .30
[10:40] {Threei} USO loss of .50 and fast drop would launch the play
[10:40] {Threei} ok in
[10:40] {Threei} a bit anticipatory entry
[10:40] {Threei} but want to keep stops tight
[10:40] {Threei} 8.95 in this case
[10:40] {esemde} are you long or short Vad?
[10:40] {Threei} come on smelly stuff, drop
[10:40] {Threei} long UAUA
[10:40] {esemde} short....
[10:40] {peterg} disconnected and back in?
[10:40] {Threei} yes
[10:40] {peterg} anyone else connect problems?
[10:40] {patience} me
[10:40] {Threei} half out.18 and .19
[10:40] {Threei} scalpers take profit
[10:41] {dino} yes
[10:41] {peterg} out at .18 + 15
[10:42] {Threei} UAUA plays off USO require patience to catch the right moment, but their predictability is amazing
[10:42] {Threei} offering second half .29
[10:43] {magoo} u are nailing it boss
[10:43] {Threei} more often than not, yes
[10:43] {magoo} and modest too lol
[10:43] {Threei} always
[10:44] {Threei} oil is bottoming probably
[10:45] {Threei} out balance
[10:46] {magoo} out .21 TY
[10:47] {Threei} hehe... I seem to get out too early on it on regular basis
[10:48] {Threei} but whatever... not only it's August, it's a FOMC day
[11:00] {peterg} So quiet I am checking connection
[11:00] {peterg} connection good
[11:00] {Threei} scalp play, VLO 32 break if stays above .90
06[11:01] * magoo slaps hawkfan4 around a bit with a large trout
[11:02] {magoo} in agg .97
[11:02] {peterg} in 96
[11:02] {magoo} agg=aggressive
[11:02] {peterg} aggregate
[11:02] {dino} we're just ignoring you peter...:)
[11:03] {peterg} im used to it
[11:03] {magoo} are u used to this yet?
06[11:03] * magoo slaps peterg around a bit with a large trout
[11:03] {peterg} ahh that feels bette
[11:03] {peterg} r
[11:03] {esemde} ahhh connected again
[11:04] {Threei} just now?
[11:04] {Threei} it was like 10 seconds outage
[11:04] {Threei} hiccup I'd say
[11:04] {esemde} disconnected somehow
[11:05] {dino} acap sm l .30 thinny
[11:05] {esemde} probably a hiccup
[11:05] {esemde} if anything it's my internet here at home....been struggling with it all year
[11:05] {Threei} for fully bored, I added some of recent photos at
[11:06] {dino} ottr sm l .20
[11:06] {dino} acap stop is .99ish
[11:07] {esemde} Gold stream park
06[11:08] * Threei kicks VLO in the rear
[11:08] {Threei} break already will ya
[11:08] {esemde} nice pictures vad
[11:08] {Threei} ty
[11:08] {dino} acap stopped -.29
[11:11] {Threei} sigh
[11:12] {Threei} chop chop
[11:12] {peterg} I lucked out on VLO, day job calls, I sell at .99, +.03!!!!!
[11:12] {peterg} thks
[11:12] {Threei} hehe
[11:13] {Threei} better than poke in the eye
[11:13] {peterg} Gross profit $2
[11:13] {peterg} Net rather
[11:13] {magoo} enough for mickey dees dollar menu
[11:13] {Threei} see... and we wonder where inflation comes from
[11:13] {peterg} jr whopper with cheese
[11:13] {magoo} thats more than 2 bux isnt it?
[11:14] {peterg} not the junior
[11:14] {Threei} not if you share
[11:14] {peterg} it is smaller than the gib one
[11:14] {magoo} ahhh
[11:14] {Threei} get neighbor to chip in
[11:15] {magoo} waiting .21
[11:16] {dino} dollar millionairs
[11:16] {magoo} out TY boss
[11:16] {Threei} welcome
[11:16] {magoo} now thsats a lobster dinner for 2
[11:16] {Threei} or sr whopper
[11:16] {magoo} with drinks
[11:19] {esemde} you guys are a heart attack waiting to happen.....
[11:19] {dino} maybe so, maybe so
[11:19] {Threei} and alzheimer in progress
[11:20] {esemde} interesting combo
[11:20] {esemde} hey flat stick is like a magic wand on the links these putting from everywhere
[11:21] {dino} nice
[11:21] {Threei} that's nothing... the most interesting combo is laxative and sleeping aid taken together
[11:21] {dino} shot 10 over friday
[11:21] {esemde} too funny!!!!!
[11:21] {magoo} 10 over??u suk
[11:21] {dino} for me thats decent
[11:22] {Threei} so, any best of FOMC decision and amrket reaction?
[11:22] {Threei} bets
[11:22] {dino} magoo, you would've shot 30 over on this course
[11:22] {esemde} dino....thats smokin god
[11:22] {esemde} good
[11:22] {dino} bbbets.....bernie eats tuna for lunch
[11:23] {dino} ty
[11:27] {esemde} L Petm
[11:27] {esemde} .19
[11:27] {esemde} 1/2 lot
[11:28] {dino} ottr stop to b/e
[11:28] {esemde} stop .99
[11:31] {Threei} hmmm
[11:31] {Threei} oil new low but UAUA is far from day high
[11:32] {Threei} not sujre it's anopportunity, could be broken correlation
[11:39] {dino} ottr stopped flat
[11:41] {Threei} as boredom sets in...
[11:47] {Threei} what happened on UAUA?
[11:47] {esemde} OK wondering if i've held on too long again....maybe should have been full lot and out at .35 PETM
[11:47] {Threei} I don't ssee any news
[11:48] {hawkfan4} nothing here
[11:49] {Threei} wow
[11:49] {Threei} that's some spike on no news
[11:50] {Threei} AMR
[11:50] {Threei} I guess this is it?
[11:50] {Threei} if so, I don't think it's sustainable
[11:51] {Threei} [AMR] AMR Corp Hearing upgraded to buy from underperform at Merrill Lynch; price target $15 (timing uncertain)
[11:51] {Threei} - Hearing UAUA also upgraded
[11:52] {hawkfan4} 11:51 Heairng UAUA and AMR upgraded intraday at tier 1 firm
[11:52] {hawkfan4} UAL Corp. (UAUA), AMR Corp (AMR)
[11:52] {Threei} people still trust upgrades?
[11:52] {Threei} and actually buy on them?
[11:53] {Threei} apparently yes
[11:53] {Threei} -Note prior PT was $7.50
[12:04] {Threei} if UAUA takes .80, 10 becomes a magnet
[12:06] {Threei} and 10 break on daily looks explosive...
[12:06] {Threei} here is 10
[12:07] {Threei} out and want pullback
[12:07] {Threei} if it explodes, fine
[12:07] {Threei} anyone took it?
[12:07] {hawkfan4} I'm in from .26
[12:08] {Threei} OK... don't be tso greedy
[12:08] {Chaeron} nice one hawk, Threei... good morning all
[12:08] {Threei} chaeron :)
[12:09] {hawkfan4} thanks, lucky, was about to stop out when the upgrade hit
[12:10] {Threei} wow
[12:10] {Threei} that's some timing
[12:29] {magoo} i have no charts..anyone else
[12:31] {magoo} charts anyone
[12:33] {Threei} server 5 ok
[12:38] {magoo} noty for me..what quote u on
[12:38] {Threei} 14
06[12:38] * Threei slaps laserdave1 around a bit with a large trout
06[12:39] * Chaeron slaps laserdave1 around a bit with a large trout
06[12:39] * magoo slaps laserdave1 around a bit with a large trout
[12:40] {laserdave1} ummm
[12:40] {laserdave1} some things just never change
[12:40] {magoo} dave dcc
[12:40] {esemde} stopped PETM .99
[12:40] {esemde} -.20
[12:46] {Threei} {USO}
[12:47] {patience} and ?
[12:47] {Threei} ummm
[12:48] {patience} the letter says?
[12:48] {Threei} I kind of haven't been invited to open an envelope :)
[12:52] {Threei} ABK is forming kind of C&H
[12:57] {Threei} - Follow up $12:50pm, Pentagon calls any efforts for Iran to shut the strait of Hormuz as 'self defeating' for an oil dependent economy, would not be in Iran's best interest{USO}
[13:08] {Threei} FRE
[13:20] {esemde} signing off for the day all....see ya tomorow
[13:20] {Threei} take care ese
[13:20] {Chaeron} bye ese
[13:20] {esemde} see ya vad
[13:20] {esemde} CHHHHHH
[13:20] {peterg} bye ese
[13:20] {Chaeron} :)
06[13:20] * magoo slaps Chaeron around a bit with a large trout
[13:21] {Chaeron} thanks for keeping me real
[13:22] {Threei} FRE
[13:22] {Threei} - Reminder the NYT reported that the CEO of Freddie Mac failed to heed internal warnings from 2004 regarding concerns about the loans that the company was financing{FNM}
[13:23] {Threei} **consensus expectation is for rates to remain steady at 2.00%, and indeed economists surveyed are unanimous that the FOMC will not make any rate move today. Most analysts believe the FOMC statement will not be altered substantially, despite some recent tough talk in Fed speeches. Since the last rate decision, several Fed officials have asserted that they cannot wait for a full housing and credit market recovery before beginning to withdraw monetary policy easing. Note that historically, the Fed is very reluctant to move interest rates in the months ahead of a national election. Currently, Fed Fund Futures show about a 32% chance of a 25 bps hike by the September meeting, and fully pricing in a 25 bps hike by the end of the year.
[13:29] {magoo} a little trickier imo since we up already so big
[13:33] {dino} sell the news
[13:37] {magoo} that would be too easy imo
[13:40] {peterg} At one point vad opines in print it may take 1, 2, or more years to become trader.
[13:41] {peterg} In my case, before death will be good
[13:41] {peterg} day job, clients pestering for service, etc
[13:41] {peterg} other than that having great time
[13:42] {magoo} huh?
[13:42] {peterg} just rambling
[13:42] {magoo} u having down day?
[13:42] {peterg} nope
[13:43] {peterg} up
[13:43] {peterg} thks
[13:43] {peterg} like to grumble. just ask wife
[13:43] {peterg} as James Brown the late great says, I feel goood!!
[13:44] {peterg} cue horns
[13:44] {peterg} all deep learning slow
[13:51] {dptl} what time fed 14:15?
[13:51] {Threei} yup
[13:51] {dino} y
[13:52] {dptl} ty
[13:52] {Threei} countdown starts in 17 minutes
[13:52] {Threei} for now we can run countdown to the beginning of countdown
[13:52] {dino} he will say, "i know inflation is rising because my tuna sandwich now costs $4 when it used to be $3.25"
[13:52] {dptl} lol
[13:57] {magoo} my charts stink again today..anyone else?
[13:57] {Threei} nope... running fine
[13:58] {Chaeron} me too all day mags
[13:58] {peterg} ok here
[13:59] {peterg} any potential plays if change up/down/no change?
[13:59] {Threei} I am afraid those jumps will be hectic and fast
[13:59] {Threei} impossible to read and catch
[14:00] {Threei} soleny okeanskij vozdux... xarakterny jodistyj zapax vodoroslej
[14:00] {Threei} sorry, wrong window
[14:00] {peterg} convulsions; petit mal
[14:00] {peterg} in mkt to come
[14:01] {Threei} usually that's how it happens
[14:02] {dino} down 100, then up
[14:02] {peterg} on dow?
[14:03] {Threei} and dino feasting on reversals
[14:03] {dino} imo yes
[14:03] {peterg} ETF play?
[14:03] {dino} would you expect any less from me vad?
[14:03] {Threei} no :)
[14:04] {Threei} QID peter
[14:04] {peterg} tks
[14:04] {dino} skf
[14:14] {dino} giddy-up
[14:15] {Threei} - Inflation risks significant, will moderate later this year labor markets have softened further,
[14:15] {Threei} - Fisher preferred rate increase
[14:15] {Threei} - Upside risks a considerable concen, economic activity expanded in the second quarter
[14:16] {dino} seems i was wrong
[14:17] {Threei} why... giddy-up it is
[14:19] {peterg} dizzying to watch those DJ ultra short etfs too scary 4 me
[14:21] {magoo} selling off here lil bit
[14:22] {Threei} [13:59] {Threei} I am afraid those jumps will be hectic and fast
[14:22] {Threei} [13:59] {Threei} impossible to read and catch
[14:29] {magoo} vad, news BIDU??
[14:29] {Threei} no
[14:29] {dino} sm wide l skf .01
[14:30] {Threei} USO new lows
[14:30] {Threei} even if I don't find a play off it, I derive great pleasure seeing it
[14:34] {Threei} {USO}
[14:34] {Threei} hmmm... and oil drops even despite that?
[14:36] {Threei} looks like UAUA can be a play again if USO drops sharply
[14:42] {Threei} come on, break that .50 and drop to 95 in one gasp
[14:52] {magoo} vad, my normal question here
[14:53] {Threei} hmmm
[14:53] {Threei} I'll take pass today
[14:54] {Threei} no feel, no bet
[14:54] {Threei} I mean if you pressed me to the wall and out a gun to my head
[14:54] {Threei} I would prefer to try and wrestle a gun out of your heands rather than make a bet on this market ending today
[14:56] {Threei} but if I were not suceessul and you still have the gun... I would say UP, with like 50,00001 vs. 49.99999%
[14:58] {magoo} wow..was expecting usual one word "up"
[14:58] {Threei} so I dignified your question with extended answer... you unhappy again??? :)
[14:59] {Chaeron} as always :))
[15:05] {dptl} ok...gonna finnish early (nice day don't want to loose it) have a good evening all:)
[15:05] {Threei} take care dp :)
[15:05] {magoo} hgood job dp
[15:05] {dptl} ty:)
[15:07] {dino} later dp
[15:20] {dino} artc
[15:21] {dino} too fast
[15:26] {dino} apwr
[15:33] {dino} sm s apwr .20
[15:38] {Threei} {USO}
[15:38] {Threei} UAUA...
[15:42] {dino} stopped apwr -.40
[15:43] {judijim} be with you all tomorrow, take care
[15:44] {lars} cya judijim take care
[15:44] {Threei} take care jj
[15:45] {magoo} bye jj
[15:45] {dino} out vrtx .00, +.20
[15:46] {Threei} magoo
[15:46] {magoo} here
[15:46] {Threei} my 0.00001% was right
[15:46] {magoo} lol
[15:46] {Threei} :)
[15:46] {magoo} u still got it
[15:46] {lars} out uaua .10
[15:47] {Threei} lars :)
[15:47] {lars} thx vad
[15:47] {Threei} it's all you... I didn't even call it
[15:48] {lars} your alert at 12:38
[15:50] {Threei} gosh
[15:50] {Threei} forgive me for not remembering things that happend bc :)
[15:51] {Threei} which to me is pretty much anything that is more than 10 minutes old
[15:52] {Threei} but hey... it's much healthier sttention span than moth
[15:52] {Threei} or fish have
[15:52] {Threei} fish is 18 seconds
[15:52] {lars} lol
[15:53] {Threei} moth, not sure but judging by how frequently it hits the lamp glass, must be like 1/2 of second
[15:55] {dino} what do you have when you have one moth ball here.............................and one here?
[15:56] {magoo} large moth
[15:56] {Threei} lol
[15:59] {Threei} OK guys, thank you all
[15:59] {Threei} have a good evening, see you tomorrow
[15:59] {peterg} Thanks all See tomorrow
[15:59] {lars} cya vad take care
[16:00] {lars} cya peter
[16:00] {dino} take care all
[16:00] {lars} atke care dino.... u2 magoo :)
[16:00] {magoo} ty vad
[16:01] {lars} night all
[16:01] {patience} see you guys, no trades, i am waiting in the background to pounce on stocks, not yet though
[16:01] {dino} be selling the rip soon, imo

Friday, August 1, 2008

Aug 01 2008

Session Time: Fri Aug 01 00:00:01 2008
[08:07] {Threei} 07/31/08 05:18pm [ELN] Notifies regulatory agencies of two confirmed cases of progressive multifocal leukoencephalopathy (PML) in multiple sclerosis (MS) patients treated with TYSABRI in a commercial setting
[08:17] {Threei} - Consensus expectations at 5.6% vs 5.5% prior
[08:17] {Threei} - Reminder- Apr& May 5.5% readings were the highest since Oct 2004
[08:18] {Threei} - Change in Nonfarm Payrolls: -75K v -62K prior (Note the range of estimate are from -150K to 0K)
[08:18] {Threei} - Change in Manufacturing Payrolls: -40K v -33K prior
[08:18] {Threei} **Note: ADP Employment Change came in at +9K v -20Ke
[08:18] {Threei} ** Nov Fed Fund Future sees 60% chance of 25bps hike by the middle of the fall
[08:18] {Threei} - Reminder: Back month nonfarm payrolls have encountered 5 consecutive month of downward revisions
[08:30] {Threei} JUL UNEMPLOYMENT RATE: 5.7% V 5.6%E
[08:30] {Threei} - Prior Jun Nonfarm Payrolls revised Lower from - 62K to -51K Note: (sixth straight month of lower revisions in back months)
[08:35] {Threei} .v raven
[08:37] {Raven} 3 .v Threei
[08:37] {Threei} sigh
[08:37] {Raven} 3 rofl
[08:37] {Threei} frikin script just won't work as it should :)
[08:37] {Raven} 3 you trying to vaporize me?
[08:38] {Threei} it's not personal
[08:38] {Raven} 3 OK
[08:38] {Threei} just a ingrained reaction... I try to vaporize anyone in sight
[08:38] {Raven} 3 be careful
[08:39] {Threei} you know... "vaporize or be vaporized"...
[08:39] {Raven} 3 sigh
[08:44] {Threei} seriously?
[08:45] {Threei} I'll say... considering that today's dollar costs what, 6% of dollar before Fed creation?
[08:46] {Raven} 3 long term we're all dead
[08:49] {Threei} ABK
[08:49] {Threei} - Company has settled one of its largest CDO exposures, AA Bespoke, in exchange for a final cash payment of $850 million to its sole counterparty. AA Bespoke is a $1.4 billion transaction that originally comprised AA rated CDO of ABS tranches, most of which have been downgraded to below investment grade since the inception of the transaction
[08:50] {Raven} 3 don't fall into the tranches
[08:51] {Threei} ELN back into support
[08:59] {magoo} morn
[08:59] {Threei} magoo :)
[09:03] {magoo} vad, yesterday u were saying u like to hang around all day on slow days because u never know if IF something developes
[09:03] {magoo} well, i almost always like to do same for after hours
[09:04] {Threei} during earnings season, sure
[09:04] {magoo} point being..last night at 5 pm ELN starts rolling over on scanner from 22 all way to 10..i shorted it several
[09:04] {magoo} points
[09:04] {magoo} made like 1400
[09:05] {magoo} just saying
[09:05] {magoo} , it hit under 10
[09:05] {magoo} ffrom 22 area, plus biib went down with it,
[09:06] {Threei} nice, congratulations
[09:06] {magoo} but u gotta sit till 6 pm cause nev er know, movwes come after conference calls at 5 lots of times
[09:06] {Threei} yeah
[09:06] {Threei} well, one needs to draw a line somewhere
[09:06] {magoo} prob is i never get home till 7 pm {wife no like that}
[09:06] {Threei} otherwise it never ends... one market closes, another opens
[09:07] {Threei} pretty soon you are trading 24/7
[09:07] {magoo} friday afterhours worthless though, no action
[09:08] {magoo} i was only doing 100 shares..thats why didnt do better
[09:09] {magoo} but it was risky of course
[09:10] {peterg} morning
[09:10] {peterg} gj magoo
[09:10] {magoo} i just trade until i make what i think raven makes for day he he
[09:11] {magoo} BIIB
[09:11] {magoo} news vad?
[09:11] {Threei} peter :)
[09:12] {Threei} same as ELN
[09:12] {magoo} it hit 52 last night..back there now
[09:12] {Threei} they are in that drug together
[09:12] {magoo} i thought wye was with eln
[09:12] {lars} morning all
[09:12] {Threei} lars :)
[09:13] {Threei} abk
[09:13] {Threei} possible player today
[09:13] {magoo} lars:)
[09:14] {cosmo} PWAV should hold 4.25 imo
[09:15] {cosmo} ... for a 4.35 break...
[09:17] {fernp} Good morning
[09:17] {Threei} fern :)
[09:22] {lars} nice job last night magoo :)
[09:23] {lars} better take wife to nice dinner though :)
[09:24] {Raven} 3 {---------- checking for a magoo spy camera
[09:26] {magoo} you're getting warmer, there, there, oops..wrong turn
[09:26] {Raven} 3 lol
[09:26] {Threei} C
[09:26] {Threei} {ABK}
[09:27] {dptl} good morning all
[09:27] {Threei} ELN is scalpable on bounce but right now it's in uncharted territory, can't tell where the entry is
[09:27] {Threei} dp :)
[09:28] {Threei} 07:17am [GM] CEO: Production fell by about 27% in Q2, overseas operations are performing well, liquidity plan is on track, have cash to cover needs through 2009
[09:29] {Threei} 06:59am [GM] Reports Q2 -$11.21 v -$2.62e (Ex items) , R $38.15B v $44.57Be, To draw $1.0B from credit lines, Records $9.1B charge
[09:29] {Threei} {XOM CVX USO}
[09:30] {cosmo} that's better than nationalizing them i guess...
[09:31] {Threei} half lot long ELN
[09:31] {Threei} stop under .60
[09:31] {Threei} can take several attempts
[09:32] {esemde} morning......
[09:32] {Threei} ese :)
[09:33] {Threei} feel fre to take profit ELN
[09:33] {esemde} hey
[09:33] {Threei} out 11.05, +.35
[09:33] {esemde} Irish Whisky.............thats all i'm going to say!
[09:34] {Threei} anyone got ELN?
[09:34] {Threei} that panic dive to .70 was a godsend
[09:34] {lars} out at 11.08 +.31
[09:34] {Threei} wtg
[09:34] {peterg} out with a small .12
[09:35] {lars} thx... to you :)
[09:35] {Threei} VVUS
[09:35] {Threei} .75 break long, stop under .55, possible swing trade
[09:35] {Threei} generally slow one
[09:36] {Threei} don't touch it if not willing to sit on it for a while
[09:36] {magoo} hence magoo back off
[09:36] {Threei} ABK
[09:36] {Threei} .21 long, stop under 3
[09:37] {magoo} 100 sh l CME
[09:38] {magoo} 351
[09:39] {magoo} too soon
[09:39] {esemde} long VPRT 29.61
[09:40] {magoo} that sucked out minus 500
[09:40] {esemde} out Vprt .95 3/4 lot
[09:40] {esemde} holly!!!!
[09:40] {esemde} in out bang bang
[09:40] {esemde} barely time to typole this
[09:41] {Threei} nice scalping footwork
[09:41] {esemde} that was really fast Vad
[09:41] {Threei} VVUS chews resistance
[09:41] {Threei} the best kind ese...
[09:42] {Threei} leave it to analyst to discuss for days why it went up
[09:43] {Threei} what just happened?
[09:46] {Roman} 21 long GLD
[09:46] {esemde} happened to what Vad?
[09:46] {Roman} 21 small
[09:46] {Threei} market
[09:46] {Threei} sudden drop
[09:46] {esemde} NDX is tanking on my monitor
[09:47] {esemde} news?
[09:47] {Threei} that was what I asked :)
[09:47] {Threei} I s\ee none
[09:47] {hawkfan4} none here
[09:47] {esemde} me either
[09:47] {Threei} **consensus expectation: 49.0e v prior 50.2
[09:47] {Threei} - Prices paid expected at 88.0 v 91.5 prior (which was highest prices paid since July 1979)
[09:48] {esemde} Sunh bstop 15.61 1/2 lot
[09:49] {judijim} gm all
[09:49] {Threei} jj :)
[09:49] {esemde} jj
[09:49] {Threei} wanted to short NSANY, then remembered I have two of their cars
[09:49] {Threei} and happy with both
[09:49] {Threei} GM not in a short list
[09:50] {esemde} long SUNH
[09:50] {Roman} 21 long GOLD small
[09:50] {esemde} out SUNH
[09:50] {Roman} 21 49.41
[09:51] {esemde} .89
[09:51] {Threei} lol ese
[09:51] {Threei} you arwe making money today faster than you can report
[09:51] {esemde} man oh man...
[09:51] {Threei} all while market dropping like there is no tomorrow
[09:51] {esemde} shooting up like rockets.....
[09:52] {Roman} 21 watching HK setup
[09:52] {Threei} nice feeling of mastering this thing eh?
[09:52] {Roman} 21 long
[09:52] {esemde} going up so fast can barely type to keep up...
[09:52] {Threei} no thinking involved... eye to finger reaction
[09:52] {esemde} exactly
[09:52] {Threei} brain inbetween is canceled
[09:52] {hawkfan4} geesh, no news
[09:52] {Roman} 21 long HK small
[09:52] {esemde} indeed!
[09:53] {Threei} ok, what the heck is going on?
[09:53] {Roman} 21 33.75
[09:53] {Roman} 21 unemployment numbers this morning
[09:53] {Roman} 21 taking toll
[09:53] {Roman} 21 imo
[09:53] {Roman} 21 commodities stroong sofar
[09:53] {Threei} they are over an hour old
[09:54] {Threei} and they weren't too bad
[09:54] {magoo} how bad we close yesterday?
[09:54] {Threei} in green
[09:55] {Threei} 20 points NQ off the high though
[09:55] {magoo} dow?
[09:56] {Threei} 8.02 long UAUA
[09:56] {Threei} 7.94 stop
[09:59] {Threei} invalidated
[09:59] {Threei} numbers in a min
[09:59] {Threei} VVUS is nicely oblivious to the market
[09:59] {magoo} l rimm 120
[09:59] {magoo} small
[10:00] {Threei} *JUNE CONSTRUCTION SPENDING (M/M): -0.4% V -0.3%E
[10:00] {Threei} prior revised to 0.0% from -0.4%
[10:00] {magoo} out .60
[10:00] {magoo} +.60
[10:01] {Roman} 21 magoo is back
[10:01] {Roman} 21 out HK
[10:01] {magoo} cme cracked me
[10:01] {magoo} nasty
[10:01] {magoo} its a dino play
[10:01] {magoo} need the dino i gues
[10:02] {Roman} 21 that guy is still on vacation?
[10:02] {magoo} yeah
[10:02] {Roman} 21 nice
[10:02] {magoo} only his 3rd with 2 more coming for yr
[10:03] {Roman} 21 his 3rd vacation this year?
[10:03] {Threei} *JULY ISM MANUFACTURING: 50 V 49E; PRICE PAID: 88.5 V 88E
[10:03] {Threei} - Employment Index 51.9 v 43.7 prior{SPY EUR/USD}
[10:03] {magoo} yeah, mexico, 2 north jamaca coming and 1 more caro
[10:03] {magoo} bastard lol
[10:03] {Roman} 21 damn, you guys making serious $$$
[10:04] {magoo} HEY..i took nopne
[10:04] {magoo} mnone
[10:04] {magoo} none
[10:04] {Roman} 21 i wish some day i can be like you
[10:04] {magoo} i haven't been on family vaca in years
[10:04] {Roman} 21 out GLD +.40
[10:05] {Roman} 21 out GOLD +.76
[10:05] {Roman} 21 all small
[10:06] {Roman} 21 watching RGLD for long
[10:06] {Roman} 21 small
[10:06] {Threei} wtg
[10:07] {Roman} 21 i think GOLD got more
[10:07] {Roman} 21 look at commodities
[10:07] {Roman} 21 damn
[10:07] {Roman} 21 ROYL
[10:07] {Roman} 21 in
[10:08] {Roman} 21 .95
[10:10] {laserdave1} hawkfan dcc when u get a sec
[10:10] {magoo} what would be very unexpected is if IF this mkt could turn around here and go green big
[10:10] {Roman} 21 NCOC
[10:13] {magoo} l aapl .55
[10:14] {magoo} small 300
[10:14] {magoo} wait 157.17
[10:14] {Roman} 21 in with u
[10:15] {magoo} .95 prints
[10:17] {magoo} out .14 THERE
[10:17] {magoo} .17 THERE
[10:18] {magoo} easy too
[10:18] {magoo} never neg
[10:18] {lars} +.41 aapl u da man magoo :)
[10:19] {Threei} I don't worry about you guys at all for the time of my Alaska cruise
[10:20] {magoo} u should check in once in awhiole if access boss
[10:20] {Threei} nope
[10:20] {magoo} when u leaving?
[10:20] {Threei} next Sat
[10:21] {magoo} dates?
[10:21] {Threei} Aug 9 - 16
[10:23] {Roman} 21 all these people are just on vacation
[10:23] {Roman} 21 i have not had one in ages
[10:23] {Roman} 21 amazing
[10:23] {Threei} you live in Florida, you whole life is vacation
[10:23] {Roman} 21 something must be wrong with me
[10:23] {GeoArb} i have been on vacation a day here and there
[10:23] {magoo} roflol
[10:30] {Threei} {USO}
[10:31] {Threei} {USO OIH}
[10:38] {magoo} l rimm 120
[10:38] {magoo} sm
[10:39] {magoo} 200 bux stop whatever size
[10:39] {magoo} lay out .61
[10:40] {lars} iwas just gonna ask target... i need to type faster
[10:41] {Roman} 21 WM
[10:44] {Roman} 21 .
[10:46] {magoo} i have 300 sh so my stiop is .39
[10:46] {magoo} trade needs mkt power
[10:46] {Roman} 21 99% chance u will make money
[10:46] {Roman} 21 on this trade
[10:46] {kazaam} what do you thik about NYX double bottom
[10:46] {magoo} safer exit .33
[10:46] {kazaam} oh damn, just moved
[10:46] {lars} abk moving
[10:46] {kazaam} nevermind vad
[10:47] {magoo} on WM rfr?
[10:47] {Roman} 21 RIMM
[10:47] {magoo} oh
[10:47] {Roman} 21 u on RIMM
[10:48] {Roman} 21 u got the power
[10:48] {magoo} i leave exit at .61
[10:48] {Roman} 21 why not $125
[10:49] {magoo} well...if IF mkt goes green yeah
[10:49] {Roman} 21 WM sqeezing short a bit
[10:55] {Threei} ABK is serious aabout squeezing today
[11:00] {Threei} MER .61 long if stays above .50
[11:01] {Threei} invalidated
[11:01] {Threei} **consensus estimates:
[11:01] {Threei} - Ford: -20%e adjusted basis (usually released at Noon ET).
[11:01] {Threei} - GM: -25%e adjusted basis (usually released around 1:45pmET).
[11:01] {Threei} - July 2008 had 26 selling days, two more than July 2007. On an unadjusted basis, the estimates above would be higher by about 8% (i.e F -12%e, and GM -17%e).
[11:04] {magoo} out rimm
[11:04] {magoo} dont lose here
[11:04] {magoo} had .51
[11:12] {Roman} 21 CHK
[11:12] {Roman} 21 long small 50.32 stop under 50
[11:23] {Threei} ABK is aiming for 4 and above
[11:24] {Threei} {F GM}
[11:25] {esemde} 6 year interest free loans??? there nuts
[11:25] {Threei} they need to get rid of lease at this point
[11:26] {GeoArb} they are all loosing money hand over fist on leases
[11:26] {Threei} IMO, in preparation for total fleet revamping which is going to make gasoline-based cars impossible to sell
[11:26] {Threei} not really Geo
[11:26] {Threei} lease is more pfoitable for them
[11:26] {GeoArb} in fact one of them stopped leasing
[11:26] {GeoArb} right now
[11:27] {GeoArb} lemme find the article
[11:27] {Threei} all 3 actually are backing away of it
[11:27] {GeoArb} yeah
[11:27] {Threei} don't bother, I read it
[11:27] {GeoArb} heheh
[11:27] {Threei} but their abandoning lease is not based on losing money on it
[11:27] {GeoArb} credit crunch
[11:27] {GeoArb} and resale lower than projection
[11:27] {Threei} they lease you a car,
[11:28] {Threei} you come back in 3-4 years,
[11:28] {Threei} dump a car in their lap,
[11:28] {Threei} and get another one.
[11:28] {Threei} ABK 4
[11:28] {Threei} Everything worked fine while business was as usual
[11:28] {Threei} However when they are in the middle of turning their fleet into different technology
[11:29] {Threei} old cars will be unsellable
[11:29] {Threei} aand they prefer to sell it to you today and have you stuck with it
[11:29] {Threei} instead of you dumping it on them, get your new shining super-duper-nuclear-hydrogen-electric
[11:29] {Threei} and them stuck with obsolete gasolin dybosaur they can't sell
[11:30] {GeoArb} also IMO they are having difficulty in credit to pass along
[11:30] {Threei} everyone does...
[11:30] {GeoArb} i like amtrack
[11:30] {Threei} that's of less concern to them though
[11:31] {Threei} they still give you financing, right?
[11:31] {GeoArb} i am a socialist rubbing sholders with other commoners
[11:31] {Threei} need credit for that even more than for lease
[11:32] {Threei} anyone found entry on ABK?
[11:32] {GeoArb} what no socialist comment sneers?
[11:32] {GeoArb} man.....
[11:32] {lars} +.17 on ABK
[11:33] {lars} thx Vad
[11:33] {Threei} :)
[11:34] {kazaam} vad, which scanner first popped up ABK?
[11:35] {Threei} news bfore open
[11:35] {kazaam} trade the news?
[11:36] {Threei} [08:49] {Threei} ABK
[11:36] {Threei} [08:49] {Threei} SETTLES $1.4B CDO SQUARED TRANSACTION, MAKING PAYMENT OF $850M
[11:36] {Threei} [08:49] {Threei} - Company has settled one of its largest CDO exposures, AA Bespoke, in exchange for a final cash payment of $850 million to its sole counterparty. AA Bespoke is a $1.4 billion transaction that originally comprised AA rated CDO of ABS tranches, most of which have been downgraded to below investment grade since the inception of the transaction
[11:36] {kazaam} ty
[11:37] {Threei} [09:13] {Threei} abk
[11:37] {Threei} [09:13] {Threei} possible player today
[11:40] {esemde} The other thing about those interest free loans is that Gm gets there money right away anyway. Principal and interest. All they do is sell the loan to a cllection agency whom are just brutal when it comes to collecting from you.
[11:52] {Threei} trying to get a feel if ABK done or worth a bounce
[11:52] {Threei} not sure
[12:02] {kazaam} when does regular trading "summer" start and end?
[12:05] {Threei} mid-June - Labor day
[14:05] {Threei} {USO}
[14:05] {Threei} {USO OIH}
[14:05] {magoo} l rimm 120
[14:05] {magoo} sm
[14:05] {magoo} 200 bux stop whatever size
[14:05] {magoo} lay out .61
[14:05] {lars} iwas just gonna ask target... i need to type faster
[14:05] {Roman} 21 WM
[14:05] {Roman} 21 .
[14:05] {magoo} i have 300 sh so my stiop is .39
[14:05] {magoo} trade needs mkt power
[14:05] {Roman} 21 99% chance u will make money
[14:05] {Roman} 21 on this trade
[14:05] {kazaam} what do you thik about NYX double bottom
[14:05] {magoo} safer exit .33
[14:05] {kazaam} oh damn, just moved
[14:05] {lars} abk moving
[14:05] {kazaam} nevermind vad
[14:05] {magoo} on WM rfr?
[14:05] {Roman} 21 RIMM
[14:05] {magoo} oh
[14:05] {Roman} 21 u on RIMM
[14:05] {Roman} 21 u got the power
[14:05] {magoo} i leave exit at .61
[14:05] {Roman} 21 why not $125
[14:05] {magoo} well...if IF mkt goes green yeah
[14:05] {Roman} 21 WM sqeezing short a bit
[14:05] {Threei} ABK is serious aabout squeezing today
[14:05] {Threei} MER .61 long if stays above .50
[14:05] {Threei} invalidated
[14:05] {Threei} **consensus estimates:
[14:05] {Threei} - Ford: -20%e adjusted basis (usually released at Noon ET).
[14:05] {Threei} - GM: -25%e adjusted basis (usually released around 1:45pmET).
[14:05] {Threei} - July 2008 had 26 selling days, two more than July 2007. On an unadjusted basis, the estimates above would be higher by about 8% (i.e F -12%e, and GM -17%e).
[14:05] {magoo} out rimm
[14:05] {magoo} dont lose here
[14:05] {magoo} had .51
[14:05] {Roman} 21 CHK
[14:05] {Roman} 21 long small 50.32 stop under 50
[14:05] {Threei} ABK is aiming for 4 and above
[14:05] {Threei} {F GM}
[14:05] {esemde} 6 year interest free loans??? there nuts
[14:05] {Threei} they need to get rid of lease at this point
[14:05] {GeoArb} they are all loosing money hand over fist on leases
[14:05] {Threei} IMO, in preparation for total fleet revamping which is going to make gasoline-based cars impossible to sell
[14:05] {Threei} not really Geo
[14:05] {Threei} lease is more pfoitable for them
[14:05] {GeoArb} in fact one of them stopped leasing
[14:05] {GeoArb} right now
[14:05] {GeoArb} lemme find the article
[14:05] {Threei} all 3 actually are backing away of it
[14:05] {GeoArb} yeah
[14:05] {Threei} don't bother, I read it
[14:05] {GeoArb} heheh
[14:05] {Threei} but their abandoning lease is not based on losing money on it
[14:05] {GeoArb} credit crunch
[14:05] {GeoArb} and resale lower than projection
[14:05] {Threei} they lease you a car,
[14:05] {Threei} you come back in 3-4 years,
[14:05] {Threei} dump a car in their lap,
[14:05] {Threei} and get another one.
[14:05] {Threei} ABK 4
[14:05] {Threei} Everything worked fine while business was as usual
[14:05] {Threei} However when they are in the middle of turning their fleet into different technology
[14:05] {Threei} old cars will be unsellable
[14:05] {Threei} aand they prefer to sell it to you today and have you stuck with it
[14:05] {Threei} instead of you dumping it on them, get your new shining super-duper-nuclear-hydrogen-electric
[14:05] {Threei} and them stuck with obsolete gasolin dybosaur they can't sell
[14:05] {GeoArb} also IMO they are having difficulty in credit to pass along
[14:05] {Threei} everyone does...
[14:05] {GeoArb} i like amtrack
[14:05] {Threei} that's of less concern to them though
[14:05] {Threei} they still give you financing, right?
[14:05] {GeoArb} i am a socialist rubbing sholders with other commoners
[14:05] {Threei} need credit for that even more than for lease
[14:05] {Threei} anyone found entry on ABK?
[14:05] {GeoArb} what no socialist comment sneers?
[14:05] {GeoArb} man.....
[14:05] {lars} +.17 on ABK
[14:05] {lars} thx Vad
[14:05] {Threei} :)
[14:05] {kazaam} vad, which scanner first popped up ABK?
[14:05] {Threei} news bfore open
[14:05] {kazaam} trade the news?
[14:05] {Threei} [08:49] {Threei} ABK
[14:05] {Threei} [08:49] {Threei} SETTLES $1.4B CDO SQUARED TRANSACTION, MAKING PAYMENT OF $850M
[14:05] {Threei} [08:49] {Threei} - Company has settled one of its largest CDO exposures, AA Bespoke, in exchange for a final cash payment of $850 million to its sole counterparty. AA Bespoke is a $1.4 billion transaction that originally comprised AA rated CDO of ABS tranches, most of which have been downgraded to below investment grade since the inception of the transaction
[14:05] {kazaam} ty
[14:05] {Threei} [09:13] {Threei} abk
[14:05] {Threei} [09:13] {Threei} possible player today
[14:05] {esemde} The other thing about those interest free loans is that Gm gets there money right away anyway. Principal and interest. All they do is sell the loan to a cllection agency whom are just brutal when it comes to collecting from you.
[14:05] {Threei} trying to get a feel if ABK done or worth a bounce
[14:05] {Threei} not sure
[14:05] {kazaam} when does regular trading ""summer"" start and end?
[14:18] {peterg} hello?
[14:19] {Threei} hi
[14:19] {Threei} one made it
[14:19] {peterg} just got email with right entry
[14:19] {Threei} we sent e-mail to all members
[14:19] {peterg} good to be back.
[14:20] {peterg} what was that all about?
[14:20] {Threei} server problem at ChatSpace
[14:20] {peterg} server crash
[14:20] {peterg} ok, onwards; whats up?
[14:20] {Threei} no idea... looking around
[14:24] {peterg} server refused me entry for until it decided it liked me
[14:24] {Threei} ELN is a disaster... short on bonuses
[14:26] {Threei} no one reads e-mails I take it
[14:27] {peterg} i was corresponding with RT svs
[14:27] {Threei} yes
[14:27] {Threei} we sent mass e-maiol with new IP
[14:27] {peterg} so primed
[14:27] {peterg} i dont think i got that
[14:28] {peterg} no; didntget
[14:28] {patience} didn't get an email vad
[14:28] {Threei} sigh
[14:28] {patience} remembered to go to the RT site for the ip string
[14:28] {peterg} thats why its just you me, now patience
[14:28] {patience} sounds good, let's make all the money today :)
[14:28] {Threei} yes... it has changed, site just got updated
[14:29] {Threei} short the hell out of ELN, this thing is not done dropping... IMO
[14:30] {Threei} if we get lucky to have it bounced to 10.5 would be great
[14:31] {peterg} short at .91
[14:31] {Threei} stop over 10
[14:34] {Threei} needs better bounce
[14:35] {kazaam} thought my time ran out
[14:35] {Threei} lol
[14:35] {Threei} you got e-mail?
[14:35] {kazaam} yeah
[14:35] {kazaam} how many days do i have?
[14:36] {kazaam} once i get the email?
[14:36] {Threei} I mean e-mail with new server IP to login the room
[14:37] {kazaam} oh, yeah i got new server IP email
[14:37] {kazaam} how would i get here if i didnt get it?
[14:37] {Threei} well, there is a reserve server on our website
[14:37] {kazaam} Ohhhh
[14:37] {Threei} on trasding room page
[14:38] {Threei} you can pull it from there
[14:38] {kazaam} gotcha, spicing up summer trading i see
[14:38] {Threei} hehe
[14:41] {peterg} still likee short ELN?
[14:41] {Threei} yes... just hard to time it here, too nervous trader
[14:41] {peterg} i am a nervous trader
[14:41] {peterg} too
[14:42] {peterg} wkg on it
[14:42] {Threei} leave it alone then, it's not an easy stock
[14:45] {kazaam} when does "summer" trading end and begin?
[14:46] {Threei} mid-June - Labor day
[14:46] {Threei} usually
[14:56] {kazaam} ty
[15:04] {peterg} dcc laserdave1
[15:09] {Threei} C
[15:09] {Threei} - Cuomo notes that the charges may ask that Citigroup buy ARS back from customer at PAR
[15:09] {Threei} - Reminder earlier this morning Citigroup disclosed the SEC had issued a formal order of investigation related to ARS
[15:10] {peterg} Memo to self: when short, do not sell to end transaction.
[15:10] {peterg} You only sell more......
[15:10] {kazaam} lol peter, i have 10 of those memos posted around my desk
[15:10] {kazaam} i guess they havent been working for me
[15:10] {peterg} u 2?
[15:12] {kazaam} i started to use only hotkeys because my memos were piling up
[15:14] {peterg} ok all calling it a day--bye kaz, laz, vad, pat
[15:14] {Threei} take care peter
[15:26] {magoo} HEY
[15:26] {patience} oh magoo!!! i missed you.
[15:26] {magoo} was here..knocked out
[15:28] {magoo} ty vad
[15:29] {laserdave1} hey mags
[15:29] {magoo} hi dave
[15:29] {Threei} what a pain
[15:29] {laserdave1} magoo
[15:29] {laserdave1} ya i know
[15:29] {Threei} chatspace had to physically relocate server
[15:29] {laserdave1} he can drive ya cooky
[15:29] {laserdave1} :)
[15:29] {magoo} i was out like hour
[15:36] {Threei} ABK looks to go over 4 once more
[15:40] {magoo} any reports after bell?
[15:40] {Threei} nothing of significance
[15:41] {Threei} ARBA is dfoing it again or what
[15:41] {Threei} runup with no news
[15:56] {Threei} OK guys, have a great weekend
[15:56] {Threei} see you on Monday
[15:56] {magoo} ok ty vad
[15:57] {Threei} dns propagation should occur till then
[15:57] {Threei} so no need in reserve server
[15:57] {Threei} but if not, use this new one
[15:58] {Threei} it posted at in red letters closer to the bottom of the page
[16:01] {laserdave1} later everyone