Wednesday, August 1, 2007

Aug. 1, 2007

Session Start: Wed Aug 01 00:00:00 2007

Session Time: Wed Aug 01 00:00:00 2007

[05:39] {cosmo} ...are we there yet?
[05:40] {cosmo} FTWR: FiberTower announces backhaul agreement with Sprint Nextel for WiMax buildout
[05:40] {cosmo} Briefing.com (Wed 7:30am)
[05:40] {cosmo} up 23 % so far
[05:51] {cosmo} High last nite = 5.0 fwiw
[06:07] {Threei} great... I forgot to say good morning
[06:07] {Threei} age takes over
[06:07] {Threei} hi guys
[06:07] {markweb} GM ALL
[06:07] {Threei} mark :)
[06:07] {markweb} :)
[06:09] {BillyD} morningall :)
[06:10] {Threei} billy :)
[06:12] {magoo} mornk sedarmoc
[06:12] {Threei} oogam :)
[06:16] {dino} gm all
[06:17] {Threei} dino :)
[06:19] {dino} 3i:)
[06:19] {BillyD} dino :)
[06:20] {dino} gm billy
[06:21] {esemde} gm everyone.....Vad, Billy Cosmo Mark...
[06:21] {lklarson} gm all
[06:21] {Threei} ese :)
[06:22] {Threei} lkl :)
[06:23] {esemde} NQ and S&P futures clawing there way back from a big drop overnight
[06:23] {BillyD} any stocks standing out??? I don't see much
[06:24] {Threei} FTWR...
[06:24] {cosmo} GRMN seems happy
[06:24] {BillyD} ty
[06:28] {esemde} NVT rallied 9% after hours....make car maps..expects to beat analysts estimates of1.35 by 1.45 to 1.50 at end of year
[06:30] {cosmo} FTWR 4.45 might be a test
[06:30] {cosmo} for a break
[06:30] {cosmo} if it holds 4.20
[06:31] {cosmo} sigh
[06:31] {cosmo} nap time
[06:34] {cosmo} SIRF
[06:37] {cosmo} sirf hod = 22.25
[06:37] {cosmo} .. so far
[06:39] {Threei} AKAM just can't overcome gravity
[06:39] {magoo} u in it?
[06:39] {Threei} watching for bounce
[06:39] {Threei} 33.20 short trigger of bounce is weak
[06:40] {Threei} stop .35
[06:41] {Threei} cover half who got it
[06:41] {lklarson} out akam thx vad
[06:41] {Threei} good reflexes lkl
[06:41] {magoo} that never bounced fwiw
[06:41] {Threei} it did
[06:42] {Threei} from .22 to .30
[06:42] {Threei} which constituted very weak bounce
[06:42] {Threei} and set stop at .35
[06:42] {magoo} same argument ...third time
[06:42] {Threei} ?
[06:42] {magoo} why not just calkl your entry?
[06:42] {Threei} you lost me
[06:42] {Threei} scroll up
[06:42] {Threei} I named the trigger
[06:42] {magoo} i read it
[06:43] {magoo} i was ready
[06:43] {BillyD} it happened fast
[06:43] {Threei} magoo
[06:43] {Threei} xxx trigger if bounce is weak
[06:43] {Threei} what is not clear in that?
[06:43] {magoo} forget it
[06:44] {Threei} look, you say it's not a first time, so there obviously problem
[06:44] {Threei} why don't you explain so I make it more clear?
[06:44] {magoo} look AAPL
[06:44] {magoo} wow
[06:44] {BillyD} Vad...you siad of bounce and not if bounce is weak...a little confusing is all
[06:44] {BillyD} a typo
[06:44] {Threei} cover AKAM in full
[06:44] {Threei} it is, o and i are next to each other
[06:45] {BillyD} no
[06:45] {Threei} OK, if you want me to go shoot myself because of this type, tell so and I will
[06:45] {Threei} typo
[06:45] {BillyD} lol
[06:45] {BillyD} put away the gun
[06:46] {esemde} monitoring ARBA
[06:47] {Threei} look, I dopn't want to dwell on it, but with Of instead of If sentence doesn't even make sense... am I that unreasobnable to expect that knowing my setups you can decipher that?
[06:48] {Threei} 60 cents winner call and I get beaten up for that?? :)
[06:48] {BillyD} [06:39] {Threei} watching for bounce
[06:48] {Threei} yes
[06:48] {lklarson} tough love in here
[06:48] {Threei} qwhich defines resistance
[06:48] {BillyD} one starts thinking long right
[06:48] {BillyD} [06:39] {Threei} 33.20 short trigger of bounce is weak
[06:48] {BillyD} [06:40] {Threei} stop .35
[06:49] {Threei} so? I call short trigger and condition
[06:49] {BillyD} one is switching mindset to short possibility as well
[06:49] {Threei} OK
[06:49] {BillyD} [06:40] {Threei} stop .35
[06:49] {BillyD} [06:41] {Threei} cover half who got it
[06:49] {BillyD} happened very fast
[06:50] {Threei} yes, fast is fine, hard to get in
[06:50] {BillyD} not complaining just trying to help all understand
[06:50] {Threei} this is misunderstanding which I want to remove
[06:50] {BillyD} I know
[06:50] {magoo} ENOUGHHHHHHHHHHHHHHHHHHHHHHHH
[06:50] {Threei} if you want me to rfemove running commentary as my thinking develops, I will
[06:50] {BillyD} so the "if" does make a difference as it clearly defines a condition that would change
[06:51] {esemde} somebody explain....all the positive news coming out of the market and it's going down...hmmmmm
[06:51] {BillyD} people want to sell ese
[06:51] {Threei} well... that's the essence of the market ese
[06:52] {BillyD} Vad...keep posting
[06:52] {Threei} if it moved axccordingly to what everyone understands, why would anyone ever lose money?
[06:52] {dino} ocnf l .05, hl
[06:52] {esemde} true...
[06:52] {dino} drys hl l .15, risky
[06:54] {Roman} long DRYS or short?
[06:54] {dino} simply more sellers than buyers, don't overthink
[06:55] {dino} l
[06:55] {Roman} cool
[06:55] {dino} :)
[06:59] {Threei} MOBE?
[06:59] {magoo} oh shit, me or u vad???
[06:59] * Threei slaps DaveG around a bit with a large trout
[06:59] {Threei} you
[06:59] * magoo slaps DaveG around a bit with a large trout
[06:59] {DaveG} hey
[06:59] {Threei} there... my trick worked
[07:00] {Threei} quicly slap, then pass the trout to magoo
[07:00] {Threei} oh hi Dave
[07:00] {Threei} didn't notice you there
[07:00] {DaveG} yeah
[07:01] {Threei} well, you hide in the corner so often, we started forgetting your face
[07:01] {DaveG} :)
[07:01] {Threei} COST, watching for long
[07:01] {Threei} not sure about this break, I'd prefer little pullback
[07:02] {Threei} like this... any sign of strength from here, half lot
[07:02] {Threei} and if loses .85, no play for now
[07:03] {Threei} in, .79 stop
[07:04] {Threei} no worky
[07:04] {lklarson} stopped cost
[07:05] {magoo} but thats the way to call it he he...really
[07:05] {Threei} ah come on, that was the same ckind of running commentary
[07:05] {Threei} the opnly difference is,
[07:05] {Threei} it was a bit slower
[07:05] {Threei} so I could post my own entry in time
[07:06] {Threei} unlike AKAM where it was time to cover already when I could post
[07:06] {Roman} FRPT Force Protection Awarded $5.3 Million Contract For New ILAV Vehicles and Equipment (16.25 +0.55)
[07:07] {Threei} good thing I didn't trust that break on COST and preferred to go with safer entry
[07:07] {Threei} stop would be much nastier
[07:11] {Threei} CREE?
[07:12] {Threei} dino... could be your kind
[07:12] {dino} out drys .68, +.53
[07:12] {Roman} nice dino
[07:13] {lklarson} yes, nice one dino
[07:13] {dino} ty way soon tho
[07:14] {dino} maybe vad on my screen
[07:16] {dino} can't borrow
[07:16] {Threei} AMAT, not my favorite stock
[07:16] {BillyD} just scalped CREE for+.19 short thx for mention Vad
[07:16] {lklarson} not able to short cree
[07:16] {Threei} but this break looks lovely
[07:16] {BillyD} sheesh
[07:16] {Threei} welcome billy
[07:16] {Threei} hmmm
[07:16] {dino} same here lkl
[07:16] {Threei} CREE shortable
[07:17] {Threei} what does it say lkl?
[07:17] {magoo} i can't get cree sh vad
[07:17] {BillyD} I did
[07:17] {Threei} oh... I think I know the reason
[07:17] {BillyD} yes
[07:17] {Threei} magoo and lkl, you guys are retail
[07:17] {Threei} Billy and I, we are prop
[07:17] {Threei} different short inventories
[07:18] {magoo} yep, and don't forget, i'm also anm idiot lol
[07:18] {Threei} that I wouldn't know
[07:18] {dino} i'll 2nd that, :)
[07:18] {lklarson} it is Reg SHO, whatever that is
[07:18] {magoo} so now u know he he
[07:18] {Threei} I mean, I can take your owrd for it if you insist, but I'll need dino's confirmation
[07:18] {Threei} you have retail version of account lkl, right?
[07:18] {Threei} not prop?
[07:19] {lklarson} yes
[07:19] {Threei} ok, then that's the reason
[07:19] {magoo} vad, any read AAPL from here?
[07:19] {magoo} bidu or amzn (i know...i giving u the easy ones)
[07:19] {Threei} rofl
[07:19] {Threei} no, sorry
[07:20] {Threei} no slacking, just really have no slightest point of reference here for AAPL
[07:20] {Threei} Anyone went for AMAT?
[07:20] {Threei} I hate this stock, I skipped it
[07:21] {Threei} and it's kind of hard read for me, can't tell you to scalp it or try to ride it
[07:21] {dino} bwld l hl .50
[07:22] {dino} stopping flat, not sure
[07:24] {dino} l sea ,64, hl
[07:29] {Threei} FRPT, .50 breakdown is short, half lot
[07:29] {Threei} .75 stop/invalidating level
[07:30] {magoo} i don't quite understand?
[07:30] * BillyD slaps magoo around a bit with a large trout
[07:30] {BillyD} for you vad...hehe
[07:30] {magoo} as magoo runs and ducks from a trout beating like no one has ever seen
[07:30] {BillyD} lol
[07:31] {Threei} I am removing myself to a very very remote monastery
[07:31] {dino} no one has ever seen magoo run
[07:31] {magoo} do not forget the vodka
[07:31] {Threei} never
[07:31] {dino} yes, the golf course is looking better to me vad
[07:32] {cosmo} i hope they have fibre
[07:32] {Threei} not my cup of tea...
[07:32] {magoo} cause i'm FFFAASSSSTTTT
[07:34] {Roman} JASO seeing some buying
[07:39] {Threei} FRPT is valid
[07:45] {dino} l grmn .01, hl
[07:45] {dino} whippy careful
[07:46] {Threei} BZH?
[07:47] {dino} stopped -.35
[07:48] {dino} wow bzh
[07:49] {dino} hmm capit play?
[07:50] {Threei} scary... this kind of trading may lead to halt
[07:50] {Threei} unless we know the newsa
[07:50] {Threei} to make sure news is out, nothing unknown out there that led to this
[07:51] {Threei} stopped FRPT
[07:51] {dino} yeah, could be blowing up on bad paper too
[07:51] {DaveG} out BZH puts +1.00 from 10 cents
[07:51] {DaveG} a ten bagger
[07:51] {DaveG} on 3k
[07:52] {dino} nice
[07:55] {magoo} cnbc says looking into BZH...knows nothing
[07:55] {DaveG} i have a new news program i signed up for, which alerted it to me
[07:55] {magoo} vad, we keep overlooking NVDA..u and i usually on this one..been moving good
[07:56] {Threei} it disconnected from nasdaq today
[07:57] {Threei} not sure what gives
[08:02] {magoo} risky..but AAPL gonna lose 129 imhoj
[08:06] {DaveG} i need to make a big sign, PATIENCE
[08:06] {DaveG} stick it on the wall next to me
[08:11] {Threei} scalped BZH long, diapers change is in order
[08:11] {DaveG} try trading the puts, good god
[08:12] {DaveG} nice going
[08:14] {patience} i'm sitting on sidelines dave...i am impatiently waiting for more of a bottom before putting money back into the market
[08:14] {DaveG} oh
[08:14] {DaveG} no, i meant to make a sign that says Patience on it, like, i need more patience
[08:14] {patience} i know
[08:14] {DaveG} oh
[08:15] {patience} i'm just bored senseless waiting
[08:15] {DaveG} :)
[08:15] {BillyD} patience patience
[08:15] {patience} no kidding
[08:15] {BillyD} lol
[08:19] {dino} hl l drys .75
[08:20] {Threei} what a bounce BZH
[08:21] {Roman} SWHC Smith & Wesson Wins Law Enforcement Contract for M&P45 Pistols (19.09 +0.29)
[08:22] {dino} make my day
[08:36] {Roman} HOKU long
[08:36] {Roman} small 8.61
[08:38] {dino} ocnf stopp .91, -.14
[08:43] {magoo} POZN vad
[08:43] {Threei} news i'd guess
[08:43] {magoo} migraine pill
[08:44] {Threei} gosh
[08:44] {Threei} unless it cures all migraines forever...
[08:45] {dino} of course it does stupid
[08:45] {BillyD} ROFLOL
[08:45] {dino} :)
[08:46] {dino} c'mon vad that was funny
[08:47] {Threei} sure, but i fell asleep inbetween
[08:47] {BillyD} Vad taking a beating today
[08:52] {dino} out drys .15, +.40
[08:52] {Roman} UTSI spike
[08:55] {BillyD} news on it Roman?
[08:55] {Roman} in the morning
[08:55] {Roman} UTStarcom IPTV DRM Solution Successfully Completes Rigorous Security Audit
[08:55] {Roman} Tuesday July 31, 8:00 am ET
[08:55] {BillyD} okm thx
[09:00] {dino} l leh hl .50
[09:06] {dino} stopped leh -.25
[09:07] {esemde} UTstarcom hmmmmm...now thats a name i haven't heard for a long time.. bought that at 10 and sold around 4 about 4 years ago....As I said , no more swing trading for this bloke
[09:08] {BillyD} FRPT in aggr .10
[09:08] {dino} ese, ese, ese
[09:09] {esemde} I know, I know , I know......I have however met you all and this is in the process of changing
[09:09] {esemde} make that changed!!!
[09:09] {dino} don't kid yourself, about 4 years ago i was doing the same
[09:12] {esemde} thats when i was investing based on fundamentals
[09:12] {BillyD} that's cursing ese
[09:12] {esemde} It's a load of crap........unless you seem to be Waren Buffet
[09:13] {esemde} Wait a minute...didn't he have a hit...opps sorry, thats Jimmy buffet
[09:14] {BillyD} break now or never FRPT
[09:14] {dino} yes, but warren has pretty much unlimited capital, so downturns don't really bother him, not gettingh margin calls
[09:15] {Threei} good point
[09:15] {Threei} if you believe in trend and have enough capital, you will be fine sooner or later unless trend has changed forever
[09:16] {esemde} Took the Canadian Securities Course....1 of 10 out of a class of 65 that passed it...thought the world was my oyster in2000
[09:16] {Threei} that's the distinction that investors are never told about when bombarded with adages like "don't try to time the market, invest for a long haul"
[09:17] {dino} asset alligators
[09:17] {esemde} then march or april came along ......the rest is history
[09:17] {esemde} been loosing or breaking even ever since
[09:17] {BillyD} out some FRPT +14-.19
[09:17] {Threei} I want to see how that "long haul" worked out for those who believed in let's say QCOM 1000 target and bought at 600
[09:17] {Threei} no... I don't want to see that
[09:18] {BillyD} well Warren knows to bail as well
[09:18] {BillyD} and his fundamental research is more thatn looking reports
[09:18] {BillyD} he has teams to see if companies are lying, etc
[09:18] {esemde} ya....crystal ball
[09:18] {Threei} yeah, that's not the average joe approach and capabilities
[09:20] {BillyD} out rest FRPT +.17
[09:21] {dino} gj
[09:21] {BillyD} thx dino
[09:21] {esemde} gj Billy
[09:23] {BillyD} it probably has more...this one can take it back fast....
[09:24] {Chaeron} nice trade BD
[09:24] * BillyD slaps Chaeron around a bit with a large trout
[09:25] {BillyD} ty Chaeron...that's for leaving early yesterday
[09:25] {Chaeron} I deserved that
[09:25] {BillyD} lol
[09:25] {BillyD} dave and I both tried yesterday but you were too fast
[09:25] * DaveG slaps Chaeron around a bit with a large trout
[09:26] {Chaeron} I think I deserved that one as well
[09:26] {Chaeron} http://www.dailyhaha.com/_vids/gheadslap.htm {{ better than a trout
[09:27] {Threei} my version:
[09:27] {Threei} http://www.realitytrader.com/vad/playing%20nice.gif
[09:29] {Chaeron} roflol
[09:31] {BillyD} both too funny
[09:33] {BillyD} Chaeron..any read on FRPT
[09:34] {BillyD} seems to be trading steadier than I recall
[09:34] {Chaeron} BD I have no idea... I'm way too close to it to be rational... I suck
[09:35] {BillyD} ty
[09:36] {Chaeron} you talkin' about holding overnight? I wouldn't know... scalp? Might offer a setup, but you're a good read on those
[09:36] {BillyD} scalp
[09:37] {BillyD} learning to trailbetter
[09:37] {Chaeron} just missed an entry long... I'm too cautious to short with strength like that... not confident lately for risky
[09:37] {dino} hl s star .15, hl l drys .45
[09:39] {BillyD} it's too strong for short now imo
[09:40] {Chaeron} yeah... seems that way... and I wish you're right
[09:52] {Threei} AKAM short 32.89 if stays under 33.05
[09:53] {dino} drys stopped -.35
[09:53] {BillyD} ss akam
[09:53] {lklarson} out star +.12
[09:55] {dino} gj
[09:56] {lklarson} thx, but should have held a little longer
[09:56] {BillyD} .80 might be tough on AKAM Vad
[09:57] {dino} bstop to .84
[10:00] {dino} cov .85, +.30
[10:00] {magoo} IK prolly did better dino :)
[10:00] {dino} lol
[10:00] {lklarson} lol
[10:00] {DaveG} lol
[10:01] {lklarson} smoke and mirrors i tell you
[10:03] {Threei} let's tighten to 33.01 Billy, if this nasdaq drop doesn't kill AKAM stop will be narrower
[10:03] {BillyD} ok
[10:03] {BillyD} nice setup either way
[10:05] {lklarson} ok die now akam
[10:05] {Threei} {AKAM} yes sirs
[10:05] {BillyD} larger bids left
[10:06] {BillyD} scalp or trail
[10:06] {Threei} honestly?
[10:06] {Threei} no faintest idea
[10:06] {BillyD} not sure
[10:06] {BillyD} lol
[10:06] {Threei} :)
[10:07] {Threei} 1:1
[10:07] {lklarson} out half akam
[10:07] {magoo} nice vad
[10:07] {Threei} me and nice in the same line
[10:08] {Threei} not every day that happens
[10:08] {BillyD} out 1/2
[10:09] {lklarson} out in full akam
[10:10] {magoo} sheesh....sue herrara looks like mrs. claus today
[10:10] {magoo} do not know what shes saying cause volime off
[10:11] {dino} grmn s .15, hl risky
[10:12] {dino} cov .60, +.55
[10:12] {dino} easy button smack down
[10:12] {lklarson} nice one, to late to party
[10:12] {DaveG} can't beleive i missed CSE
[10:13] * DaveG slaps DaveG around a bit with a large trout
[10:13] {dino} ty, lucky, hit the bid
[10:13] {dino} aray
[10:14] {dino} that grmn is like pulp
[10:15] {DaveG} LOCM guys
[10:16] {lklarson} news?
[10:17] {BillyD} cov'd more here +.20
[10:17] {BillyD} stop to .80 on rest
[10:17] {DaveG} HEARST COMMUNICATION INCREASES STAKE TO 12% FROM 3.3% - 13D FILING- Hearst now the largest holder
[10:17] {DaveG} locm
[10:17] {lklarson} thx
[10:18] {Threei} just one question remains
[10:18] {Threei} Hearst is right or Hearst is wrong... which is it {G}
[10:19] {DaveG} :)
[10:19] {BillyD} who will crowd believe short term
[10:20] {Threei} and another question... IF Hearst is right, are they right in our timeframe?
[10:20] {Threei} or our lifetime
[10:20] {BillyD} not a matter of right or wrong....just profit
[10:20] {BillyD} I think you say that right Vad
[10:22] {dino} keep stop and won't matter
[10:22] {BillyD} well said....end of conversation
[10:23] {BillyD} leave it to dino to bring order in the room
[10:23] {DaveG} NANX
[10:23] {dino} :)
[10:24] {BillyD} out rest akam +.30 thx Vad
[10:25] {DaveG} wtg bd
[10:25] {BillyD} ty
[10:27] {Threei} welcome :)
[10:27] {dino} gj bd
[10:28] {Threei} BZH half lot .16 long
[10:28] {Threei} 10.99 stop
[10:30] {dino} usna
[10:30] {BillyD} out part +.15 BZH
[10:31] {Threei} 1:1
[10:31] {lklarson} out half BZH +.20
[10:31] {BillyD} out more
[10:31] {dino} bd hot hand
[10:32] {BillyD} out rest +.25 or so
[10:33] * Threei reaches out and hits dino's That Was Easy button
[10:35] {BillyD} sooner or later din's easy button had to wear off on us
[10:36] {BillyD} dino's
[10:38] {dino} you get one yet?
[10:38] {dino} magoo tries to take mine
[10:38] {BillyD} not yet
[10:39] {dino} staples
[10:39] {BillyD} will have to check it out
[10:47] {lklarson} out rest BZH +.08 thx vad
[10:47] {Threei} welcome
[10:51] {DaveG} arci
[10:59] {dino} hl l ocnf .60
[11:49] {lklarson} man, that ocnf is a real sleaper
[11:50] {lklarson} where is the easy button
[11:53] {dino} yeah, having trouble w//it today, stop is .48
[11:54] {dino} falling asleep here
[11:55] {cosmo} sleep ...is good
[11:55] {dino} but i have a tee time at 4:30
[11:56] {cosmo} ah... sleeping to psych-up
[11:56] {patience} i'm reading new Harry Potter book to keep myself from falling asleep...and to stop myself buying more today
[11:56] {patience} i am so pathetic
[11:57] {dino} lol
[11:58] {dino} hl s grmn .18
[12:01] {magoo} back
[12:03] {BillyD} quotes got stuck
[12:09] {dino} cov .91, +.26
[12:10] {dino} .27
[12:11] {dino} ocnf
[12:12] {lklarson} nice
[12:12] {lklarson} woke up finally
[12:12] {cosmo} mkt testing for a double bottom ..maybe
[12:12] {lklarson} yes
[12:15] {lklarson} out ocnf +.26 thx dino
[12:15] {dino} out ocnf +.22
[12:15] {lklarson} ah, beat you again, lol
[12:15] {dino} lol, you got more
[12:16] {Threei} lol
[12:32] {BillyD} stocks don't know what to do....following the futures
[12:33] {BillyD} people nervous
[12:33] {lklarson} yes, at a pretty critical point right now?
[12:34] {DaveG} super duper mega critical
[12:35] {DaveG} where am i
[12:35] {DaveG} oh sorry
[12:35] * BillyD slaps DaveG around a bit with a large trout
[12:35] {BillyD} remember
[12:35] {DaveG} there we go
[12:35] {BillyD} sorry dave
[12:35] {DaveG} don't be
[12:35] {dino} grmn hl s .85, stop .01
[12:38] {dino} stopped
[12:38] {dino} thats it for me
[12:38] {lklarson} stopped grmn
[12:38] {BillyD} your even here
[12:38] {dino} unfortunately
[12:38] {BillyD} always tomorrow
[12:42] {BillyD} quotes stuck
[12:50] {lklarson} wow, nice market explosion after triple bottom
[12:52] {esemde} see you all tomorrow....
[12:52] {BillyD} same here cya
[12:53] {lklarson} take acre ese, billy
[12:53] {Threei} thank you all
[12:53] {Threei} have a good evening, see yopu tomorrow
[12:53] {lklarson} take care vad
[12:53] {lklarson} have a good one
[12:54] {dino} later all, gotta hop
[12:54] {dino} good day overall, thx
[12:54] {lklarson} take care dino
[12:55] {dino} u2 buddy
[13:01] {DaveG} later guys
[13:11] {magoo} goodnite all