Tuesday, September 11, 2007

September 11, 2007

Session Start: Tue Sep 11 00:00:00 2007

Session Time: Tue Sep 11 00:00:00 2007

[05:50] {BillyD} morning RT :)
[05:51] {Threei} good morning
[05:51] {Threei} watching BEAS
[05:51] {Threei} good candidate for run
[05:52] {BillyD} eye on DNDN.....
[05:52] {BillyD} mind of its own
[05:53] {BillyD} does BEAS trade thick
[05:54] {Threei} usually yes
[05:54] {BillyD} ok....tough to remember
[05:56] {Threei} with any attention and market help should bump into 13, and has a good chance to break it
[05:56] {Threei} HEARING POSITIVE MENTION AT SUNTRUST; REITERATES BUY, BEAS SEE NUMEROUS NEAR-TERM CATALYSTS
[05:56] {Threei} don't like "reiterates" part though
[05:57] {Threei} always smacks of analyst desperation
[05:57] {BillyD} translated...we are not done selling
[05:57] {BillyD} lol
[05:58] {Threei} "it's a good buy, I told you zillion times, what are you stupid or what, how many times should I ask you to BUY!!"
[06:00] {BillyD} lol
[06:00] {BillyD} I have my favorite clients taht still need out
[06:02] {Threei} be back in 5
[06:06] {esemde} gm everyone...
[06:06] {BillyD} ese :)
[06:06] {esemde} Billy
[06:07] {esemde} anything look promising...
[06:07] {BillyD} Vad likes BEAS
[06:07] {BillyD} nothing super duper that I can see
[06:07] {Threei} ese :)
[06:08] {esemde} morn Vad
[06:09] {Threei} do cats routinely eat flowers or my son's kitten is crazy? poor bouquet
[06:10] {cosmo} hmm...what kinda flowers?
[06:10] {Threei} yellow
[06:10] {Threei} ignored blue
[06:10] {Raven} Morning !
[06:10] {Threei} R :)
[06:10] {Raven} T:)
[06:10] {cosmo} morning glory?
[06:10] {Raven} cats sometimes eat plants and then they puke
[06:11] {cosmo} dogs too
[06:11] {Threei} this one is happy
[06:11] {Threei} and goes for more
[06:11] {Raven} it will puke
[06:11] {dino} flower child/cat
[06:11] {dino} gm all
[06:11] {Threei} dino :)
[06:11] {Raven} on your white carpet
[06:11] {Threei} it ate it yesterday
[06:11] {Raven} or your favorite chair
[06:12] {Threei} lol
[06:12] {cosmo} BRLC needs to hold 5.75 imo
[06:12] {Threei} DELAYS Q4 EARNINGS RELEASE, WHICH HAD BEEN SCHEDULED FOR TODAY- expects to report on or before the filing date for its 10-K
[06:14] {cosmo} 6
[06:15] {cosmo} test
[06:15] {cosmo} could pivot
[06:21] {magoo} morning
[06:21] {Threei} magoo :)
[06:21] {BillyD} magoo :)
[06:22] {Threei} BEAS starts shaping up as .60 break for a long trigger
[06:24] {markweb} gm all
[06:25] {BillyD} Vad...long BEAS in premkt?
[06:25] {BillyD} if triggers
[06:25] {dptl} good morning all
[06:26] {cosmo} BEAS low vol so far
[06:28] {Threei} mark, dp :)
[06:28] {markweb} :)
[06:28] {Threei} it's close enough to open Billy
[06:28] {BillyD} ok
[06:28] {Threei} of course I'd prefer after open
[06:28] {Threei} to see the lower limit of the range for a stop placement
[06:30] {magoo} in beas aggressive
[06:33] {cosmo} brlc
[06:33] {cosmo} healer
[06:34] {BillyD} NRMX low vol but near 3
[06:36] {cosmo} BRLC should hold 6
[06:36] {magoo} CTDC looks like over 7
[06:37] {cosmo} should
[06:40] {dino} mas s hl .25
[06:41] {Threei} nice spot NRMX
[06:41] {BillyD} thx
[06:43] {magoo} what the hell u guys see in BEAS? pathetic trader
[06:43] {Threei} did it ever trigger?
[06:44] {esemde} DNDN...moving up to highs
[06:44] {magoo} [09:25] {BillyD} Vad...long BEAS in premkt?
[06:44] {magoo} [09:28] {Threei} it's close enough to open Billy
[06:44] {magoo} [09:28] {BillyD} ok
[06:44] {magoo} [09:28] {Threei} of course I'd prefer after open
[06:44] {Threei} 09:22] {Threei} BEAS starts shaping up as .60 break for a long trigger
[06:44] {esemde} bstop DNDN 8.49
[06:46] {esemde} Vad take a look at DNDN sell orders for me...maybe my bstop should be 8.51
[06:46] {Threei} .49 is valid trigger
[06:46] {esemde} tks
[06:46] {Threei} something propels it
[06:46] {Threei} quite a pace
[06:47] {esemde} yes for sure...
[06:47] {dino} risky l hl micc .20
[06:47] {dino} out .86, +.66
[06:47] {magoo} WOW
[06:47] {dino} :)
[06:48] {BillyD} nice dino
[06:48] {dino} lucky bro
[06:48] {Threei} dino broke the Morning Spell? :)
[06:48] {magoo} he broke morning wind vad lol
[06:48] {Threei} yikes
[06:48] {Threei} lol
[06:48] {dino} lol
[06:49] {esemde} DNDN moving off of a slightly upward sloping consolidation last 2 days
[06:49] {cosmo} BRLC hod = 6.30 so far
[06:52] {Roman} HOKU
[06:52] {Roman} long small
[06:52] {Roman} will pick another lot on pullback
[06:53] {esemde} removed bstop from DNDN....looking weak
[06:54] {BillyD} ese are you in DNDN or looking to buy it
[06:55] {dino} die mas die
[06:58] {esemde} I removed the bstop Billy
[06:58] {BillyD} do you mean buy stop?
[06:59] {esemde} yes
[06:59] {BillyD} ok
[06:59] {esemde} i thought that it needed to hold the .34 level...when it went below that it was looking weak to me
[07:00] {BillyD} I just thought stop meant getting out of position is all
[07:00] {esemde} seems to be working it's way back up again though
[07:02] {esemde} Vad opinions DNDN...
[07:02] {Threei} looks good to go if doesn't lose .35 anymore
[07:02] {esemde} there she blows....
[07:03] {esemde} bstop back at .49
[07:04] {esemde} in .50
[07:04] {Threei} .34 stop
[07:04] {esemde} tks
[07:07] {Roman} bidding CTDC
[07:08] {Roman} in 6.25 1/3
[07:12] {Roman} long NBIX
[07:12] {Roman} 1/3
[07:12] {Roman} 11.12 area
[07:14] {Threei} JNPR .65 long if stays above .50
[07:15] {magoo} is that a slow one vad like beas?
[07:15] {Threei} it varies
[07:15] {Roman} out HOKU -.15
[07:16] {Roman} OMCL strong
[07:17] {Roman} AGIX long 1.84 area, slow could be all day hold
[07:17] {esemde} why that.....I oughta....stoped .33 -.17
[07:18] {dino} clne blood
[07:19] {esemde} perfect timing...the plumber just showed up.....see ya in a bit
[07:19] {dino} micc may want to play again
[07:25] {magoo} in jnpr
[07:28] {Threei} 1:1
[07:30] {magoo} u got a target vad?
[07:31] {Threei} very much market dependent... if NQ styrength continues, 36 is not out of this realm
[07:34] {Roman} TTEC
[07:34] {Roman} could bounce today a bit
[07:35] {Roman} CORT nice spike
[07:36] {dino} risky, l hl micc.74
[07:37] {Threei} NQ breaks 1985, JNPR should jump into 36
[07:41] {Roman} CORT Corcept Therapeutics spikes over $2.00 after CNBC highlights co's pre-market FDA news, notes co may only need one study for Corlux (5.68 +2.28)
[07:41] {magoo} out .87, ty vad
[07:41] {Threei} welcome
[07:44] {Threei} CORT is one of those
[07:44] {Threei} has this mad feel about it
[07:44] {BillyD} it looks at you and says "how lucky do you feel"
[07:45] {dino} m,as stopped .39, -.14
[07:48] {Roman} out CTDC -.02
[07:49] {magoo} CORT, nice spot vad
[07:49] {Threei} you played?
[07:50] {magoo} yes
[07:50] {Threei} HOW DID i KNOW THAT
[07:50] {Threei} oops
[07:50] {Threei} sorry caps
[07:50] {magoo} out .06, + .50
[07:55] {BillyD} VAD...AVNR from the other day..
[07:55] {BillyD} slow one
[07:56] {BillyD} still like BEAS?
[07:56] {Threei} you want magoo to suffocate me?
[07:56] {magoo} u got that right
[07:57] {BillyD} I know...I am wondering can I handle the pace
[07:58] {BillyD} feeling desperate here w/ lack of good choices...lol
[08:07] {dino} ehth s hl .44
[08:07] {BillyD} CRDC active
[08:15] {dino} cov ehth .20, +.24
[08:15] {dino} micc not working cutting half
[08:16] {dino} pdli waking up
[08:17] {dino} vlcm hl s .55
[08:19] {dino} stop to .77
[08:20] {Threei} what do you know, BEAS is up whole 5 cents
[08:20] {Threei} when it's up 10 I am going to nag magoo to no end
[08:20] {BillyD} that would be sadistic
[08:21] {BillyD} and you would enjoy it
[08:21] {Threei} totally
[08:21] {BillyD} lol
[08:23] {dptl} got to run...offering beas at.71 see ya all tomorrow
[08:23] {Threei} take care dp
[08:24] {dino} later dp
[08:25] {dino} micc wakes now, sheesh
[08:26] {dptl} finaly
[08:26] {Threei} dptl is out
[08:26] {dptl} :)
[08:27] {magoo} go ahead and say it vad
[08:27] {magoo} 1:1
[08:27] {Threei} it is :)
[08:27] {Threei} and counting
[08:27] {magoo} i'm in it (as i run and duck for cover)
[08:27] {Threei} lol
[08:27] {dptl} see ya tomorrow all
[08:28] {Threei} 1:1,5
[08:28] {magoo} bye dp
[08:29] {esemde} i'm outta here...see you tomorrow everyone..
[08:29] {Threei} bye ese
[08:29] {dino} later ese
[08:29] {magoo} out here .76 TY vad
[08:30] {Threei} welcome :)
[08:50] {Roman} PAAS strong
[08:50] {Roman} feels higher
[08:57] {Threei} OPEC: AGREES TO RAISE OUTPUT BY 500K BPD EFFECTIVE NOVEMBER 1 - WIRE HEADLINE CITING DELEGATE*Reminder: yesterday morning an OPEC official stated that OPEC may increase quotas by 500K bpd, noting the Gulf state supported the quota increase. This morning other delegates said that the increase would be between 500K and 1M bpd.{USO OIH}
[08:58] {Threei} VENEZUELA PLANS TO BOOST OIL OUPUT TO 3.4M BPD IN 2008{OIH USO}
[08:58] {Threei} oil is done IMO... put a fork in it
[08:59] {BillyD} now they all want too sell theirs
[08:59] {Threei} tightening cycle is over, demand is dwindling, suppliers start competing for sales
[08:59] {Threei} to catch as much as possible of higher priced sales
[08:59] {BillyD} yup
[08:59] {Threei} next thing we know, they start undercutting each other
[09:00] {BillyD} fear and greed
[09:01] {Threei} OPEC'S OIL OUTPUT CURRENTLY EXCEEDS TARGET BY 1M BPD {USO OIH}
[09:01] {Threei} yet they agree to increasde it?
[09:02] {BillyD} they want us to think they care for us with lowering gas prices
[09:03] {dino} oh, they care alright...about income
[09:04] {BillyD} yeah...tghey think they may miss out due to demand weakening
[09:05] {dino} bingo, and market share
[09:13] {Threei} LEND again
[09:20] {Threei} inner fighting in progress:
[09:20] {Threei} IRAN'S NOZARI: " NO SUGGESTION" OF 1M BPD OPEC INCREASE
[09:20] {Threei} ALGERIA SAYS OPEC INCREASE TO BE 1.4M BPD FROM PREVIOUS BASE - WIRES{USO}
[09:21] {dino} bit of opinion difference
[09:24] {Threei} OPEC TO REASSESS MARKET AT ABU DHABI CONF IN DECEMBER
[09:26] {Roman} ASEI news
[09:26] {Roman} GETS U.S. DEPARTMENT OF DEFENSE ORDER FOR SMARTCHECK PERSONNEL AND GEMINI PARCEL SCREENING SYSTEMS
[09:26] {Roman} XMSR activity
[09:27] {Roman} FCC'S MARTIN: PLAN VOTE ON XMSR/SIRI MERGER IN Q4
[09:27] {dino} lnet
[09:30] {BillyD} PAAS needs to break this area Roman
[09:34] {Threei} be back in 30... aimless wandering in the market
[09:34] {Threei} so I want to be in tune with it and wander aimlessly too
[09:34] {BillyD} we'll save your spot
[09:58] {dino} hl partial s ehth .50
[10:26] {dino} ehth bstop to b/e
[10:30] {Threei} back
[10:31] {Threei} watching ADBL
[10:32] {Threei} if NQ continues upward, .40 is long trigger
[10:32] {Threei} most likely just a scalp
[10:32] {Threei} if loses .30, disregard
[10:41] {Threei} 1:1
[10:42] {BillyD} took it...thx
[10:42] {Threei} I thought everyone is in coma
[10:42] {BillyD} wonder why
[10:42] {Threei} lol
[10:43] {BillyD} tough to find follow thru today
[10:43] {Threei} scalps work
[10:44] {BillyD} yes
[10:47] {dino} ehth cov .44 ave +.06
[10:48] {dino} whoopiee
[10:50] {magoo} any read AMZN vad?
[10:51] {Threei} not on its own merits, moves with market
[10:51] {magoo} any read on the market vad?? he he
[10:52] {Threei} still has some upside I believe
[10:52] {Threei} but with AMZN, I'd try to go with delay wondow for entry
[10:57] {dino} hl l mfri .70
[11:06] {dino} hod
[11:11] {dino} vlcm stopped -.10, mfri stop to .95
[11:11] {dino} make it .99
[11:12] {dino} smod
[11:14] {dino} mfri stopped .00, +.30
[11:16] {magoo} WYNN is an animal
[11:18] {Threei} add "No offense Steve"
[11:19] {magoo} none taken
[11:19] {Threei} traded AMZN?
[11:20] {magoo} yes
[11:20] {Threei} :)
[11:25] {BillyD} NRMX doesn't go away
[11:25] {dino} ati hl l .35
[11:31] {Threei} who said to scalp ADBL?
[11:32] {Threei} you know what should be done to him, right?
[11:32] {BillyD} all those 10k block offers...lol
[11:32] {BillyD} I've asked for the "drag" command
[11:32] {Threei} static picture matters not when the dynamics prevail
[11:32] {BillyD} heavy
[11:33] {Threei} big offesr is static... whether they get taken is dynamic
[11:33] {Threei} on this I remove myself to remote monastery since I exhausted my share if wisdom to share for the next 1000 years
[11:33] {Threei} if = of
[11:34] {BillyD} well....when follow thru is slim across board...had to go with norm
[11:34] {BillyD} for the day
[11:35] {BillyD} look at PAAS .....in at .04 out up to .21
[11:35] {Threei} thank you for taking over in wisdom department when I am out of the game
[11:35] {BillyD} :(
[11:35] {BillyD} not sure it is wisdom
[11:35] {Threei} why :(... just 1000 years, come on
[11:36] {Threei} I'll be back, wiser than ever
[11:36] {BillyD} reality making a mockery of my conventional wisdom
[11:36] {BillyD} not qualified to cover you for 1000 yeras
[11:36] {Threei} that's what it always does in the market... but just try to ignore it, losses will amass quickly
[11:38] {BillyD} ture......but, but....lol
[11:38] {BillyD} true
[11:41] {dino} out ati .77, +.42
[11:49] {dino} ddup, atro
[11:50] {dino} atro s hl .71
[12:02] {dino} brb
[12:12] {dino} atro bstop to .55
[12:12] {dino} stopped +.16
[12:17] {dino} finally over goal
[12:17] {Threei} wtg
[12:17] {dino} lucky, ty
[12:17] {dino} lots of small hits today
[12:17] {BillyD} gj dino
[12:18] {dino} ty
[12:18] {dino} dade
[12:21] {dino} amgn rocking
[12:29] {dino} ddup again
[12:36] {Threei} JNPR is a short for scalp here
[12:36] {Threei} withg .23 stop
[12:37] {magoo} took it
[12:38] {Threei} .15?
[12:38] {magoo} amzn sh off 86
[12:38] {magoo} yep
[12:39] {Threei} 1:1
[12:41] {Threei} that was easy
[12:41] {Threei} not much but kind of free money laying on the street
[12:41] {magoo} dandy boss
[12:41] {Threei} walk by, bend, pick it up
[12:41] {magoo} hurt my back bending tho
[12:41] {Threei} warm up first next time
[12:42] {Threei} stretch
[12:42] {magoo} indeed
[12:43] {dino} atro s hl .53
[12:43] {dino} partial
[12:44] {dino} darn partials
[12:44] {dino} always work big
[12:44] {dino} ok got it
[12:45] {dino} stop is .76
[12:45] {Threei} 1:2
[12:47] {dino} y
[12:47] {magoo} 15:38] {magoo} amzn sh off 86
[12:48] {dino} felt like collapse, but who knows
[12:50] {BillyD} LEND spike
[12:52] {Threei} OK guys, thank you all
[12:52] {Threei} have a good evening, see you tomorrow
[12:53] {dino} u2
[12:54] {magoo} bye vad ty
[13:00] {dino} damn, not out atro
[13:01] {dino} ok, calling it a day
Session Close: Wed Sep 12 00:00:00 2007