Friday, August 24, 2007

August 24, 2007

Session Start: Fri Aug 24 00:00:00 2007

Session Time: Fri Aug 24 00:00:00 2007

[05:09] {BillyD} morning RT
[05:55] {patience} morning BillyD :)
[05:59] {Threei} Good morning
[06:00] {magoo} morning
[06:00] {Threei} magoo :)
[06:02] {BillyD} :)
[06:02] {Threei} billy :)
[06:06] {Raven} Good Friday morning :)
[06:07] {Threei} R :)
[06:07] {Raven} 3i :)
[06:07] {BillyD} R:)
[06:07] {Raven} hi BD :)
[06:08] {Raven} DaveG prolly without power this morning ... Chicago really got clobbered with heavy storms yest afternoon
[06:08] {Raven} 90 mph winds
[06:09] {BillyD} nasty sister sent me pictures
[06:09] {Raven} about as bad as thunderstorms get ... up to 70,000 feet clouds
[06:09] {cosmo} monsoon?
[06:10] {Raven} hi cosmo ... just thunderstorm
[06:10] {cosmo} big winds in NM near Pecos nocked down many miles of big trees
[06:11] {dptl} good morning all
[06:11] {cosmo} like tangusta in siberia
[06:11] {Threei} cosmo, dp :)_
[06:11] {cosmo} sorry spelling
[06:11] {Raven} they call the July storms in the southwest monsoons for some reason
[06:11] {cosmo} 3i:)
[06:11] {BillyD} probably side effect of global warming
[06:12] {Raven} hi dp
[06:12] {cosmo} nah, BD
[06:12] {cosmo} BD:)
[06:12] {BillyD} :)
[06:12] {cosmo} global warming is a hoax
[06:12] {BillyD} that was to see if Vad was paying attn
[06:12] {BillyD} for his complete benefit
[06:13] {Raven} global warming COULD BE a hoax
[06:13] {Raven} invented by Al Gore
[06:13] {cosmo} exactly
[06:13] {BillyD} was internet a Hoax
[06:14] {BillyD} he inented it
[06:14] {BillyD} lol
[06:14] {BillyD} v
[06:14] {cosmo} MRVL
[06:14] {Raven} yes ... Internet Al we call him
[06:14] {Threei} I promised myself not to comment on this bs anymore Billy :)
[06:14] {BillyD} lol...was looking to get you going early
[06:14] * Raven slaps Threei around a bit with a large trout
[06:15] {Raven} that'll help
[06:15] {Threei} and just when I firmly decided to adopt the principle: Never miss a good chance to shut up.
[06:16] {Threei} couple more years and global warming skeptics will be met with pitchforks and torches
[06:16] {Threei} so I need to learn that principles
[06:16] {BillyD} roflol
[06:16] {Threei} noticed how they are labeled now?
[06:17] {Threei} global warming DENIERS
[06:17] {Threei} any associations?
[06:17] {Raven} sigh
[06:17] {Threei} type word denier in google, see what kind of references you get
[06:17] {cosmo} global warming happens every day
[06:17] {Threei} cooling too
[06:17] {cosmo} then it cools of at nite
[06:18] {cosmo} off
[06:18] {Threei} depending on where it's morning or evening
[06:18] {Raven} lots of heavy science in this room ... lol
[06:19] {cosmo} :)
[06:19] {Threei} thorough too
[06:19] {cosmo} MRVL may heal
[06:20] {Threei} as you may have noticed, despite considerable evidence of temperature changes depending on time of the day, both I and cosmo conrtinue obeservations
[06:20] {Threei} just in case new facts appears
[06:20] {Raven} sheesh
[06:20] {cosmo} that's important
[06:24] {cosmo} MRVL should hold 15.90
[06:24] {cosmo} ... for now
[06:26] {cosmo} ...i hope Dave wasn't riding his bike in that stuff...
[06:27] {Raven} lol
[06:27] {Raven} I don't think you could ride a bike in it
[06:28] {Raven} like a hurricane
[06:28] {cosmo} tha's what i hear
[06:28] {Raven} there is more coming today too ... arghh
[06:28] {Raven} we're right in the path as well
[06:29] {Raven} {--------- has one eye on radar
[06:29] {cosmo} got plywood?
[06:29] {Raven} no
[06:29] {cosmo} hmm
[06:29] {esemde} morning RT's..
[06:29] {Raven} hi ese
[06:29] {Threei} ese :)
[06:29] {cosmo} ese:)
[06:30] {Threei} out 2K SHRP at 5.15
[06:30] {Threei} that overnight I took :)
[06:31] {BillyD} nice
[06:31] {Threei} now, if not the fear of magoo's trout, I would be on my way back to sleep
[06:32] * magoo slaps Threei around a bit with a large trout
[06:32] {Threei} don't have to ask twice eh?
[06:32] {BillyD} out shrp }12
[06:32] {magoo} take look MRVL vad
[06:34] {Threei} 16.11 is probably long trigger now
[06:34] {Threei} if keeps above 15.90
[06:35] {magoo} i liked it short
[06:35] {Threei} short side would be .85 trigger
[06:36] {Threei} and desirably, if it finds new resistance, closer than 16.10
[06:37] {Threei} 16.05 so far
[06:37] {Threei} if triggers on a short side from here
[06:37] {Roman} MPEL
[06:37] {Threei} I am keeping half eye on LNDC again
[06:37] {Roman} upgraded earlier
[06:38] {Threei} in case it decides to resume silliness
[06:38] {Roman} long MPEL small
[06:40] {cosmo} MRVL less
[06:42] {Threei} LNDC short under .30 small shares, if stays below .55
[06:42] {Threei} MRVL stop to 16.01
[06:43] {BillyD} where is MRVL entry
[06:43] {Threei} [09:35] {Threei} short side would be .85 trigger
[06:43] {Threei} [09:36] {Threei} and desirably, if it finds new resistance, closer than 16.10
[06:43] {Threei} [09:37] {Threei} 16.05 so far
[06:43] {Threei} [09:37] {Threei} if triggers on a short side from here
[06:43] {BillyD} SHRP 5.6 w/out me :(
[06:43] {Threei} without me too
[06:43] {BillyD} so .85 was entry right
[06:44] {Threei} but I took it for a gap and got my gap... not for swing trade
[06:44] {Threei} hmm? you are deeply asleep Billy? :)
[06:45] {BillyD} wasn't sure if you took it aggressive off 16.05
[06:45] {BillyD} I see
[06:45] {Threei} :)
[06:46] {Roman} observing LEND
[06:47] {Threei} stop to 15.95
[06:47] {Roman} in LEND small
[06:47] {Roman} 6.25
[06:52] {Roman} long XING 8.81
[06:52] {Roman} 8.91
[06:55] {cosmo} CSUN
[06:56] {cosmo} ...tries to get up
[06:57] {BillyD} that MRVL spike up not nice
[07:00] {Threei} housing data is out
[07:00] {Roman} ECONX New Homes Sales 870K vs 820K consensus, prior revised to 846 K from 834K; represents a +2.8% m/m change
[07:02] {Roman} TOL
[07:02] {Roman} long
[07:04] {Roman} out 1/2 SING +.22
[07:04] {Roman} XING
[07:04] {Roman} out TOL -.15
[07:06] {Roman} out LEND -.03
[07:07] {BillyD} stopped LNDC
[07:09] {esemde} long HPOL 4.44
[07:14] {Roman} DRYS
[07:15] {Roman} this stock has almost no limits
[07:15] {magoo} tough trader tho
[07:15] {Roman} SIGM
[07:15] {Roman} long
[07:15] {Roman} 1/3 size
[07:16] {Roman} 36.60 area, wide stop
[07:17] {Threei} HPOL is going to pull SHRP? :)
[07:17] {esemde} thats what it felt like VAD..
[07:18] {esemde} it beat the street yesterday
[07:18] {esemde} should climb most of the day i think
[07:19] {esemde} VAD ...what made you hold onto SHRP overnight yesterday?
[07:19] {Threei} it pulled back under 5, quite sizeable setback,
[07:19] {Threei} then huge offer appeared at 5
[07:20] {Threei} and became and incicator of strength resumption if taken
[07:20] {esemde} an offer........ahhhh
[07:20] {Threei} yeah... you know... kind of you can't refuse :)
[07:20] {esemde} was it taken out yesterday or this morning
[07:20] {Threei} yesterday, that was why I grabbed it
[07:21] {Threei} 15:17] {Threei} SHRP becomes pretty much ssame deal... long if big offer is taken
[07:22] {Threei} 15:37] {Threei} SHRP
[07:22] {Threei} [15:37] {BillyD} in
[07:22] {Threei} [15:38] {BillyD} stop on SHRP Vad?
[07:22] {Threei} [15:38] {Threei} 4.89
[07:22] {Threei} [15:56] {magoo} mama alwayyys is like a box of choc-a-lates........
[07:22] {Threei} [15:56] {Threei} lol
[07:22] {Threei} [15:57] {Threei} mama also says, stupid is as stupid does,
[07:22] {Threei} [15:57] {Threei} so I am going to go with it and take some SHRP overnight
[07:26] {BillyD} LNDC holding Vad
[07:26] {BillyD} may be good if takes .69 offer
[07:27] {Threei} small shares...
[07:27] {BillyD} yes
[07:27] {Threei} things are a bit jellyfish-like today
[07:27] {BillyD} housing data ruined the short on it
[07:31] {esemde} same setup in SHRP on 1 min chart as yesterday..
[07:43] {Roman} COGO interesting feels higher
[07:44] {Roman} SNIC feeks will take 8
[07:45] {esemde} this time breakdown instead of break out...SHRP
[07:56] {Threei} 4.55 break should propel HPOL into mid .60s
[08:01] {magoo} aapl a lil nutso tday
[08:01] {magoo} vad, i know why i missed that fill on LNDS yesterday
[08:01] {Threei} why?
[08:01] {magoo} i was in island, i bet u ewere in arca
[08:02] {Threei} hmmm
[08:02] {Threei} nope, my default is ISLD
[08:02] {BillyD} it was probaly slight delay in quotes magoo
[08:02] {magoo} now i hhhhhmmmmmmmmmm
[08:02] {magoo} confused
[08:02] {BillyD} internet
[08:02] {Threei} yeah, most likely rewason
[08:04] {magoo} roman , prediction please, put down donut annd tell me...mkt close red or green?
[08:04] {BillyD} don't make him mad
[08:04] {Roman} :)
[08:05] {magoo} u usually haver good feel for that
[08:11] {Roman} i don't anymore
[08:11] {Roman} have any read on that
[08:22] {Threei} AMZN long probably... see for yourself if you like it, I am having hard time to get a firm conviction of anything so far
[08:24] {magoo} aapl long too if u like
[08:30] {magoo} 2 boneres
[08:37] {Threei} watching SCON
[08:51] {magoo} q spikearolla
[08:56] {BillyD} taking HPOL if .55 gets eaten
[08:56] {Threei} yeah
[08:56] {Threei} unless I fall asleep right at that moment
[08:58] {esemde} HPOL making a move toward the .60 highs again
[08:59] {magoo} so vad, u buying in .56?
[09:00] {Threei} will try to granb last shares at .55 with .59 limit
[09:13] {Threei} Chaeron... what do polite kids say upon entering the room?
[09:14] {Threei} {Chaeron} they ignore bullies
[09:20] {magoo} aapl feels near 135..RISKY feel
[09:27] {magoo} out .76
[09:27] {magoo} + .76
[09:28] {BillyD} gj
[09:29] {Threei} way to follow through with your instincts
[09:29] {magoo} watching GS
[09:30] {Threei} magoo is a portion of fresh air in the world where so few put their money where their mouth is
[09:30] {Threei} there... my dose of philosophy for the day
[09:30] {magoo} huh//what the ...?
[09:30] {Threei} never mind
[09:31] {Threei} since I don't bother to wake up when typing, it's not necessary making sense
[09:31] {Threei} but I am not alone... witness Chaeron who joins the room in his sleep
[09:31] {magoo} wonder if dino gonna make me give back easy button
[09:33] {magoo} long again .55
[09:33] {magoo} near or take 135
[09:36] {magoo} need a lil mkt help
[09:42] {magoo} took wrong went crazy
[09:47] {magoo} out
[09:47] {magoo} - .20
[09:52] {Threei} went?
[09:53] {Threei} is it ever sane?
[10:02] {Threei} SCON considerable pullback
[10:12] {magoo} 179 plus comith GS
[10:12] {magoo} 135 plus comith AAPL
[10:13] {magoo} 206 plus comith BIDU
[10:13] {magoo} RISKY
[10:13] {magoo} GS done
[10:13] {Threei} let's go HPOL
[10:13] {magoo} u in??
[10:13] {magoo} wghee?
[10:13] {Threei} ??
[10:13] {Threei} why wouldn't I
[10:13] {magoo} sleep thru entry?
[10:14] {Threei} oh
[10:14] {Threei} that was real possibility
[10:14] {Threei} but luckily I managed to open one eye just when it hit .55
[10:16] {esemde} target estimate VAD...???
[10:17] {magoo} .80 area if i may
[10:17] {magoo} hes sleeping
[10:17] {Threei} ummm
[10:18] {Threei} thinking
[10:18] {Threei} even though it hurts
[10:18] {Threei} I'd try to unload half closer to .70
[10:18] {Threei} then see how it goes
[10:28] {esemde} tks....
[10:28] {BillyD} stop under .50 or .44 on HPOL
[10:28] {BillyD} Vad?
[10:28] {Threei} both are valid
[10:28] {Threei} depending on your objectives
[10:29] {Threei} just two support levels
[10:29] {BillyD} ok
[11:09] {esemde} When i find myself in times of boredom(hum to beatles LET IT BE) mother mary comes to me....i have the answer!!!! revelation
[11:09] {Threei} lol
[11:09] {esemde} it was so simple........SUNFLOWER SEEDS!!!!
[11:10] {esemde} trust me....they take your mind off the boredom...
[11:10] {esemde} wow sooooooo simple....
[11:10] {Threei} but... does that interfer with sleep?
[11:11] {esemde} YES!!!
[11:11] {Threei} no good
[11:11] {esemde} rats.....thought i was onto something there
[11:13] {Threei} very possibly... it's just I do not intend to wake up until after labor day
[11:13] {Threei} 2009
[11:22] {BillyD} anyone still in HPOL
[11:23] {BillyD} I sild 1/2 at .50 break earlier and a tad here at .46
[11:23] {esemde} hi Billy...i am at .44
[11:23] {BillyD} sold
[11:24] {BillyD} thx
[11:24] {esemde} hey what kinda people you hangin here anyway?
[11:25] {esemde} thats a 'got' between you and hangin
[11:26] {Threei} well... being hardcore scalper myself, I am hardly in position to pass judgement :)
[11:26] {esemde} true! can't argue with that point
[11:27] {Threei} one thing I gotta tell though
[11:27] {esemde} hey Billy...try some sunflower seeds...
[11:27] {esemde} go for it
[11:28] {BillyD} just had some grapes
[11:28] {Threei} there are times when longer holding periods work better for maximizing profits... there are times when swings bring better return,
[11:28] {Threei} but there is no trading style safer than scalping for any times and markets
[11:28] {esemde} true....i can attest to tha personally!
[11:29] {Threei} OK, what does one do around here to get Chaeron's attention?
[11:29] * Threei slaps Chaeron around a bit with a large trout
[11:29] {esemde} grapes.....ok your snack prevent heart desease.....and mine......well...i get great looking skin..vitamin "E"
[11:30] {Threei} no worky
[11:30] {Threei} Chaeron, your lawyer called
[11:30] {Threei} no worky
[11:31] {esemde} try......margin call clerk...
[11:31] {BillyD} so Vad, did you scalp HPOL when it stalled or take scalpers loss
[11:31] {dptl} lol
[11:31] {BillyD} just curious
[11:31] {Threei} Chaeron, your margin called
[11:31] {Threei} neither
[11:31] {Threei} still in full
[11:32] {esemde} me also..
[11:32] {BillyD} lol....thought we were playing the game....can you narrow it down billy
[11:38] {Threei} Chaeron, beautiful female triplets called, asked for you, left their phone number, you have 3 min to call them back
[11:38] {BillyD} roflol
[11:39] {Threei} ok, he is in coma
[11:39] {BillyD} or he knows better
[11:40] {Threei} wow... he has new message on his autoanswering machine... goes "leave your name and phone number, I'll call you back - unless it Vad in which case don't even bother"
[11:41] {esemde} hmmmm... question for someone....What is a scalpers loss?
[11:41] {esemde} holding on too long?
[11:42] {Threei} sorry, not sure I understand
[11:42] {esemde} Billy asked if you had taken the scalpers loss.
[11:42] {esemde} on HPOL
[11:43] {Threei} oh
[11:43] {Threei} he meant whether I set a stop as scalper would, under the nearest support
[11:43] {Threei} which was .49 at the moment
[11:44] {esemde} tks..
[11:49] {Chaeron} sorry gang.... been going thru meeting hell here...
[11:49] {Chaeron} Vad - lawyers say all is ok, margin call was covered with margin appreciation and the triplets want nothing to do me after meeting you
[11:50] {Threei} now I got it... all this time he was thinking of this comeback
[11:50] {esemde} now THAT!!!!!!!!! was hillarious
[11:50] {Chaeron} and if you want to get me fast DCC me or say FRPT in the main windaow.... lol
[11:50] {Threei} lol
[11:51] {Roman} OVTI
[11:51] {Roman} long 1/2 size
[11:51] {Roman} 19.76
[12:01] {Roman} BIDU
[12:12] {Threei} LNDC
[12:12] {Threei} pulled back into .60 support
[12:13] {Threei} shouyld be a scalp around here
[12:22] {Threei} AKAM
[12:22] {Threei} long with NQ upward resumption
[12:22] {Threei} small shares
[12:22] {Threei} .50 support
[12:27] {Threei} nice OVTI Roman
[12:27] {BillyD} in akam yet?
[12:28] {Threei} finger on a trigger
[12:28] {Threei} just want to see following
[12:29] {Threei} LNDC jump
[12:29] {BillyD} never took looked weak
[12:29] {Threei} in
[12:29] {Threei} AKAM
[12:39] {Threei} 1:1
[12:42] {Threei} 1:2
[12:42] {BillyD} nice one
[12:42] {Threei} out, finishing the week with 30 cents winner
[12:42] {Threei} thank you all
[12:42] {Roman} take care all
[12:43] {BillyD} bye
[12:43] {Threei} let's have relaxing weekend, we still have a week or two of thos swamp ahead of us
[12:43] {Roman} out OVTI +24
[12:43] {Roman} u too all
[12:43] {Threei} see you all on Monday
[13:02] {dptl} see ya monday all
[15:02] *** Disconnected
[15:06] *** Attempting to rejoin...
[15:06] *** Rejoined channel #discussions
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Session Close: Sat Aug 25 00:00:00 2007