Wednesday, October 24, 2007

October 24, 2007

Session Start: Wed Oct 24 00:00:00 2007

Session Time: Wed Oct 24 00:00:00 2007

[05:27] {bruce} morning all
[05:36] {cosmo} AMZN pre mkt low = 90 ......needs to hold imo
[05:42] {magoo} morn rt
[05:43] {Threei} good morning guys
[05:44] {magoo} morn vad, bruce , cosmania
[05:44] {esemde} good morning everyone...
[05:45] {Threei} ese!
[05:45] {Threei} watched the program yesterday
[05:45] {Threei} this is something... wow
[05:45] {magoo} ES :)
[05:45] {magoo} BRCM down 5 +
[05:45] {esemde} it's kind of strange having your life show all across Canada
[05:46] {magoo} good premkt volume tasr vad
[05:46] {esemde} I thought it was very good though
[05:46] {Threei} sure was
[05:46] {Threei} rehearsal with Martha Reeves musical director and then with her was amazing
[05:46] {bruce} hi magoo, ese
[05:46] {Threei} mags... don't bait me, you hate TASR
[05:47] {esemde} I remember those as being very intense
[05:47] {Threei} it felt
[05:48] {Threei} ese, do you know if they repeat the program? Something was wrong with my tape recorder, and my wife wanted to see it... missed it
[05:48] {esemde} i don't know but i think they do....
[05:49] {Threei} will try to track it down
[05:49] {Threei} let me know please if you hear :)
[05:49] {esemde} definately...
[05:49] {Threei} I liked also that it was not just all pinky and glossy
[05:49] {cosmo} get the DVD from Amazon?
[05:49] {Threei} when girls talked about their problems with inner competition
[05:50] {esemde} that was very funny
[05:50] {Threei} ASIA
[05:50] {Threei} WINS CONTRACT TO DEVELOP 3G BILLING SOLUTION FOR CHINA TELECOM'S EXTENDED TD-SCDMA TRIAL
[05:51] {Threei} 07:31am [TASR] Reports Q3 $0.09 v $0.05e, R $28.5 v $23.7Me
[05:52] {cosmo} sounds just shocking...
[05:52] {Threei} stunning you mean
[05:52] {cosmo} ah
[05:52] {Threei} BRCM got upgraded and downgraded
[05:53] {Threei} sheesh, I scalped it yesterday in 41s, long... good thing I haven't held overnight
[05:55] {Threei} TMTA reverse split I guess
[05:55] {Threei} 1:20
[05:55] {Threei} or something
[05:56] {Threei} and blackmailed INTC into submission, lol
[05:56] {esemde} TMTA won a pattent suit against intel
[05:56] {Threei} settled rather
[05:56] {Threei} but won blackmail :)
[05:57] {Threei} older headline:
[05:57] {Threei} 10/11/06 05:22pm [INTC] Transmeta announces patent infringement suit against INTC on ten U.S. patents covering computer architecture and power efficiency technologies
[05:57] {Threei} todays:
[05:58] {Threei} 08:34am [TMTA] Trades up 300% after announcing Settlement of Patent Litigation, Technology Transfer and License Agreement with Intel
[05:58] {cosmo} 'winning' is ... subjective
[05:58] {Threei} - The agreement provides for Intel to make an initial $150 million payment to Transmeta as well as to pay Transmeta an annual license fee of $20 million for each of the next five years.
[05:59] {esemde} SCON any feelings....can it continue it's winning ways
[06:00] {Threei} if it settles firmly above 10, consolidates for a while and breaks 10.25, sure
[06:00] {Threei} if trades under 10, gotta see the volume, how strong support is etc
[06:01] {esemde} you all played it very well yesterday...
[06:02] {Threei} you had great early entry and bigger profit to protect
[06:03] {Threei} isn't it amazing, the same movement can be played in so many different ways, and traders get all the variety of results ranging from profit to loss... on the same stock, the same move
[06:04] {dptl} good morning all
[06:04] {Threei} dp :)
[06:04] {markweb} gm all
[06:04] {Threei} mark :)
[06:04] {markweb} :)
[06:05] {esemde} dp mark
[06:05] {bruce} morning mark dp
[06:05] {Threei} I don't know how vital it is for us, but headline just crossed the wire: Belgium has low business confidence
[06:06] {Threei} -.1 vs 1.2 E
[06:08] {esemde} what news service do you watch VAD...
[06:08] {magoo} holy shit!! TMTA is avail short vad
[06:09] {Threei} TradeTheNews
[06:10] {Threei} quite nice program
[06:10] {esemde} what the subscription rate
[06:10] {Threei} and very reasonably priced if you settle for headlines without audio
[06:10] {Threei} we have discount offer for RT members, ese
[06:10] {esemde} hmmmmmmm
[06:10] {Threei} login to our wqebpage with your username and password to see it
[06:11] {Threei} it's not out in the open
[06:11] {esemde} tks
[06:12] {bruce} what were you looking for when you said you were watching for signs of strength in lulu yesterday vad?
[06:12] {magoo} 17.04 high onTMTA
[06:12] {bruce} it bounced but I really didn't see any warning - just quick direction change
[06:13] {Threei} sometimes you see them and sometimes you don't...
[06:13] {Threei} I meant usual things actually
[06:13] {Threei} stgrengthening bids, prints at the opffer side, lifting offers
[06:13] {bruce} k
[06:13] {bruce} was watching for that
[06:13] {magoo} i look at TMTA this way
[06:13] {bruce} didn't see it
[06:14] {bruce} just quick change
[06:14] {magoo} if i walked in up 11, i'd protect it and sel;l
[06:14] {Threei} all those don't mean mmuch if they occur with no chart help
[06:14] {bruce} yor 9 entry was great
[06:14] {magoo} it should have a significant pullbk somewhere
[06:14] {Threei} but if chart says good chance of reversal and those signs appear, you have high probability for the trade
[06:14] {magoo} 9 out of 10 times, a $4 will not go strat up 11 points
[06:15] {bruce} understood mags
[06:16] {magoo} i am not in...but watching it
[06:16] {bruce} just trying to figure wha\t moves to take - and when to pass
[06:16] {magoo} could literasll fall under 10...and same breathe, go after 17 one more time
[06:17] {magoo} i'd like to wait for vad to pick a good one, but he's been off this wek {as magoo runs for cover lol}
[06:18] {Threei} say what?
[06:18] {magoo} whats a magoo gotta do yt
[06:18] {esemde} whooooaaaa....is that what it thought i heard...
[06:18] {magoo} to get a trout?
[06:19] {cosmo} QLGC
[06:19] {esemde} duccckk man duck.........
[06:19] {magoo} 09:19] {magoo} whats a magoo gotta do
[06:19] {magoo} [09:19] {magoo} to get a trout?
[06:19] {Threei} here is punishment for you:
[06:19] {Threei} NO TROUT FOR YOU!!
[06:20] {magoo} AH COME ON
[06:23] {magoo} rvbd down 11 whoa
[06:25] {dino} gm all
[06:25] {bruce} hi dino
[06:26] {bruce} have been watching you trade - haven't figured out what you are doing yet
[06:26] {bruce} but you seem to do a lot of trades on any given day
[06:26] {Threei} dino :)
[06:28] {dino} me bruce?
[06:28] {dino} capitulations and euphoria are my bread and butter
[06:30] {bruce} yuppers dino
[06:30] {bruce} makes sense - looked likeyou were trading lots of reversals
[06:30] {cosmo} AMZN 90 test soon
[06:30] {bruce} with lots of activity on time and sales
[06:31] {dino} yes, and as magoo would say, i trust nothing
[06:31] {cosmo} ...hot knife it was
[06:32] {bruce} I see you go for fairly large moves -with fairly large stops as well
[06:33] {dino} risk 250 max, so size accordingly
[06:33] {Roman} IVAN
[06:33] {cosmo} QLGC
[06:33] {bruce} k
[06:35] {Threei} TMTA... one more bounce hopefully, and short 14.30 breakdown. Small shares, control risk tightly
[06:35] {Threei} .28 in
[06:35] {Threei} .55 stop
[06:35] {magoo} i was thinking loss 14 short..but i like your call
[06:35] {Threei} 14 loss is what I hope will set the real selloff
[06:36] {magoo} wwe need drop in mkt now, its bouncing
[06:36] {Threei} may have to try several times
[06:36] {Roman} SCON
[06:37] {Roman} in small 9.76
[06:37] {bruce} in tmta sh .40
[06:38] {magoo} brcm losing it
[06:38] {Threei} come on TMTA break that wall (in my best Reagan voice)
[06:38] {Roman} may short QQQS
[06:39] {bruce} 1/2 out aat 14
[06:39] {Threei} good job bruce
[06:39] {esemde} ASIA nice setup.....
[06:39] {esemde} bstop 11.20
[06:40] {bruce} thanks vad - mpstly luck
[06:40] {magoo} could go much lower
[06:41] {dino} risky hl l rvbd .70, stop lod\
[06:42] {esemde} lousy fill .28 with bstop at .20
[06:42] {Threei} wow
[06:42] {Threei} there was a lot of shares available between those prices
[06:43] {esemde} i KNOW!!!!!!
[06:43] {Threei} you are getting ripped off ese, plain and simple
[06:43] {Threei} thank goodness this one works
[06:43] {magoo} who u with ES??
[06:43] {Threei} but heck...
[06:43] {esemde} no kidding
[06:44] {esemde} questrade in Toronto
[06:44] {Threei} out TMTA balance
[06:44] {bruce} me too - stopped balance
[06:44] {Threei} gotta wait it out for now I think
[06:44] {Threei} will be a play again
[06:45] {magoo} looks long noew
[06:45] {Threei} but so far, it's going for a kill
[06:45] {bruce} ldk short?
[06:45] {Threei} I don't think it's available
[06:45] {Threei} but if so, yes
[06:45] {Threei} IMO, LDK is a permanent short {G}
[06:46] {Threei} not available
[06:46] {Threei} who has it for short, .50 breakdown
[06:46] {Threei} small shares, volatile one
[06:47] {Threei} scary call... 15 long TMTA...
[06:47] {Threei} and don't get me wrong, it IS scary
[06:48] {Threei} ASIA nice move
[06:48] {bruce} tmta losing strength
[06:49] {Roman} long ALTI
[06:50] {Roman} short RIMM
[06:50] {Roman} small 126.4
[06:50] {dino} rvbd stopped -.50\
[06:51] {Roman} cover
[06:51] {cosmo} ANAD
[06:52] {Roman} long PLUG
[06:52] {Threei} .50 break aggressive long entry TMTA
[06:52] {Threei} small shares
[06:52] {Roman} 1/3 size 3.42
[06:53] {Roman} CRDC agian
[06:54] {Roman} ASTI bouncing
[06:54] {Threei} new call on TMTA: no idea
[06:54] {Roman} out SCON +.45
[06:54] {bruce} lol
[06:54] {bruce} theres out tmta short
[06:55] {bruce} we got shaken out
[06:55] {Threei} well, with almost 1 point range... no wonder :)
[06:55] {Threei} CRDC... roman do you feel 14 coming?
[06:55] {Roman} ARTD
[06:55] {Roman} ARTG sorry
[06:56] {Roman} depends on NQ for CRDC
[06:56] {Roman} i think today could be big down day
[06:57] {dino} atac hl s .80
[06:57] {dino} stop .13
[07:00] {esemde} advice Vad.... need help the .28 fill has confused me my stop was 11.00 should i raise it
[07:00] {Threei} *SEPT EXISTING HOME SALES: 5.04M V 5.25ME; SALES M/M: -8% V -4.5%E
[07:01] {esemde} i think i should have taken profet at .40 odd but didn't
[07:01] {esemde} that would have been usual 1:1
[07:01] {dino} pcar?
[07:01] {Threei} this fill ruins normal risk reward ratio ese... 11 is still normal level for a stop, it's just that wil .21 fill you could protect half of profit already on 1:1 move...
[07:02] {Threei} and .28 fill moved 1:1
[07:02] {esemde} i know
[07:02] {esemde} kind of ticks me off
[07:02] {esemde} i think it still has potential to make .40 or .50 again
[07:02] {esemde} with market help
[07:05] {Roman} HNAB
[07:11] {Threei} another try... .75 short TMTA
[07:11] {dino} efut
[07:11] {magoo} i just feel we will be looking at that at 11 today
[07:12] {magoo} hope i don't get "the call"
[07:12] {bruce} stop vad?
[07:12] {Threei} good question...
[07:12] {Threei} above 14
[07:12] {dino} atac not moving tighten bstop to .03
[07:12] {Threei} easy to get shaken out... but you gotta have a stop somwehere
[07:12] {bruce} yes
[07:13] {bruce} 14.20 maybe?
[07:13] {Threei} depends on your risk tolerance
[07:13] {magoo} .11 turned it back
[07:14] {Threei} can't believe its strength
[07:14] {dino} tasr
[07:14] {Threei} this was the best call on it:
[07:14] {Threei} [09:54] {Threei} new call on TMTA: no idea
[07:15] {dino} hl l tasr .30
[07:15] {dino} out .04, +.74
[07:16] {dino} ugh!
[07:17] {Threei} what the heck was that on TASR
[07:17] {magoo} yeah..dino caught it
[07:17] {dino} that was nice
[07:17] {magoo} nice dino
[07:17] {dino} vad whining again
[07:17] {Threei} hmm?
[07:18] {dino} mmh
[07:19] {dino} atac stopped -.23
[07:19] {dino} cyno
[07:24] {magoo} was there additional redcent news TASR?
[07:27] {magoo} bidu - 11, brcm -7
[07:27] {magoo} amzn-14
[07:28] {dino} nvda
[07:29] {dino} hl l nvda .30
[07:29] {dino} stop .89
[07:30] {Threei} *DOE CRUDE: -5.3M V +500KE; GASOLINE: -2M V +700KE; DISTILLATE: -1.8M V +200KE; CAPACITY ULITILIZATION: % V 87.3% LAST
[07:30] {magoo} TMTA a f#cker, but its gonna ley go
[07:31] {Threei} BRCM .90 long
[07:31] {Threei} .74 stop
[07:31] {bruce} how did you get .89 stop dino? - give it some room to drop below whole number anc come back?
[07:32] {dino} yes
[07:32] {Roman} long TIVO full
[07:33] {Roman} stop 7.43
[07:33] {dino} mkt is swinging lots lately hl=500 shares, .41 stop is ok for my tollenence
[07:33] {Roman} 7.58
[07:33] {bruce} k - thanks dino
[07:33] {magoo} vad quote servber please
[07:33] {magoo} ?
[07:33] {Threei} 2
[07:33] {dino} if too much $ loss, for taste, lighten up size
[07:34] {bruce} l brcm .90
[07:34] {magoo} ty
[07:34] {bruce} can see why wider stops might work better for your plays dino
[07:35] {dino} lol, is it that obvious
[07:35] {Threei} TASR HAD 58 LAWSUITS DISMISSED, LOST 0 - CONF CALL COMMENTS
[07:36] {bruce} quick moves - need to give them some room to play out - dino
[07:36] {Roman} IVAN in swing
[07:36] {Roman} looking for $4
[07:41] {Threei} stop to .79 BRCM
[07:41] {magoo} mkts falling vad
[07:42] {magoo} down 103...44
[07:42] {Threei} why am I tightening stop
[07:42] {bruce} should have taken 1/2 off brcm at .06 - didn't see it hit
[07:42] {magoo} ok, just providing comment
[07:42] {Threei} I don't think it was there bruce
[07:42] {Threei} out of bounds print
[07:43] {bruce} ah - k - thought I missed it somehow
[07:43] {magoo} might get ugly like rfr comment earlier
[07:43] {esemde} out ASIA .15 -.13 decided to take my licks on this one
[07:44] {Threei} sorry ese... winning trade, too bad it turned into stop
[07:44] {magoo} ES, whos your broker?
[07:45] {markweb} ATAC dini?
[07:45] {bruce} asmld
[07:46] {dino} stopped earlier on it
[07:46] {dino} pcar s .35 hl
[07:46] {dino} stop hod
[07:47] {esemde} questrade magoo
[07:48] {bruce} stopped brcm
[07:48] {bruce} got me yesterday as well
[07:48] {esemde} a piece of &^%&^ you fill in the blanks
[07:48] {magoo} never heard of them
[07:48] {bruce} switch to laser ese
[07:49] {magoo} u laser bruce?
[07:49] {bruce} yes mags
[07:50] {dino} pcar stopped -.31, taking a break, shorts stopping, longs stopping
[07:51] {bruce} looks like market tanking now dino
[07:51] {dino} bcsi death
[07:53] {Threei} roman, got more info to share on IVAN?
[07:53] {Threei} impressive strength
[07:54] {Roman} no info just looks good
[07:54] {Threei} yeah
[07:54] {Roman} the past performnce is also a play in decision
[07:55] {magoo} target roman?
[07:56] {Roman} over $4 swing
[07:56] {Threei} [10:37] {Roman} IVAN in swing
[07:56] {Threei} [10:37] {Roman} looking for $4
[07:56] {Threei} 2.60 is going to be a hurdle for it
[07:56] {Threei} but what do I know about swings
[07:56] {magoo} ok ty
[07:56] {Roman} naz probably going for -100 today
[07:57] {Roman} GOAM is another one i am holding swing
[07:57] {markweb} SCON
[07:57] {Roman} bad this market is freaky this time
[07:58] {Roman} GOAM looking for $12 swing
[07:58] {esemde} long SCON bstop was .25 filled at .23...go figure
[08:01] {dino} cyno hl l .52
[08:02] {markweb} dino?
[08:02] {dino} hl l bcsi .00
[08:06] {dino} mark?
[08:07] {markweb} CYNO?
[08:07] {dino} long
[08:07] {markweb} why?
[08:07] {dino} gut
[08:08] {markweb} now is good:)
[08:08] {dino} stop is .48
[08:08] {dino} nvda stopped -.41
[08:12] {dino} cyno to b/e
[08:14] {dino} cyno stopped b/e
[08:19] {Roman} we are looking to capit here
[08:20] {Roman} buying QQQQ
[08:20] {Roman} 52.72
[08:20] {magoo} not i..panic could hit
[08:21] {Roman} na
[08:21] {dino} watching drys and dwsn fwiw
[08:22] {dino} and star
[08:23] {Threei} GREENSPAN: US HOME PRICES WILL CONTINUE TO FALL - MILAN COMMENTS
[08:23] {Roman} DRYS needs to go back to $35
[08:23] {magoo} elmer still feels the need to speak vad lol
[08:23] {dino} bcsi stopped -.50
[08:24] {magoo} elmer fudd =greeny
[08:26] {magoo} my quotes real bad,anyone else}??
[08:26] {bruce} same mags
[08:26] {bruce} edge is messed up
[08:36] {dino} hl l drys .35
[08:36] {Chaeron} 11:35 10/24 *DJ Greenspan: US Deficit Already In The Dollar's Price
[08:37] {cosmo} I've heard that before...
[08:38] {cosmo} qlgc wants 15
[08:38] {esemde} If SCON breaks through .40 ...it could along way
[08:38] {esemde} speak of the devil
[08:40] {dino} uthr
[08:42] {Threei} 11:21:27 ADMIN7 --} (All): Direct Edge still experiencing streetwide market data issues.
[08:42] {dino} seed
[08:42] {Threei} TO OPEN NEW PRODUCTION FACILITY IN SOUTHWEST CHINA
[08:42] {markweb} when to short UTHR Dino?
[08:43] {dino} 74.62
[08:43] {markweb} ty
[08:44] {esemde} Out SCON on spike .60 +.37
[08:44] {markweb} gj
[08:45] {esemde} tks mark
[08:46] {dino} nice ese
[08:49] {esemde} oh sure!!!! now ASIA
[08:49] {esemde} it's mother wears army boots
[08:51] {Threei} AMZN .70 long
[08:51] {Threei} stop under .40
[08:52] {magoo} in
[08:53] {Threei} 1:1 in a hurry
[08:53] {markweb} cover UTHR tkx dono
[08:54] {Threei} half out +.40
[08:54] {Threei} b/e stop
[08:56] {dino} drys stop to 123.79
[08:56] {Roman} out QQQQ +.27
[08:56] {dino} out +1.49
[08:58] {bruce} wtg dino
[08:59] {bruce} seed
[09:00] {dino} ty
[09:02] {magoo} SEED vad, read on it?
[09:02] {dino} i can't borrow seed
[09:02] {dptl} got to go......see ya tomorrow all....have a good one
[09:02] {magoo} bye dp
[09:02] {dino} l8r dp
[09:03] {bruce} bye dp
[09:05] {magoo} out amzn .54 TY vad
[09:05] {Threei} take care dp
[09:05] {Threei} welcome
[09:05] {magoo} read on SEAD vad?
[09:09] {magoo} l TMTA .50
[09:09] {magoo} fast
[09:09] {Threei} none on SEED... pure momo
[09:11] {magoo} out }**
[09:11] {magoo} }88
[09:11] {Threei} hard to believe TMTA eh?
[09:11] {magoo} my first win on iytb
[09:11] {magoo} it
[09:11] {magoo} looks like its just getting started
[09:12] {magoo} feels like 16
[09:12] {magoo} reload .18
[09:15] {magoo} waiting .64
[09:15] {magoo} will dump it quick
[09:21] {Threei} EDGX messes up level 2 big time
[09:23] {magoo} ,
[09:23] {Threei} don't comma us... better watch TMTA
[09:23] {bruce} yes - didn't tqake amzn - couldn't read level 2 at all
[09:25] {Threei} 15.50 is your major signal magoo
[09:26] {magoo} 16 coming
[09:28] {magoo} out .64 btw
[09:28] {Threei} good job
[09:28] {magoo} [12:16] {magoo} waiting .64
[09:29] {Threei} TMTA is classic example of the least obvious thing happening
[09:31] {Threei} RIMM introduces facebook on Bakcberry
[09:31] {Threei} sigh
[09:31] * Threei slaps LaserDave1 around a bit with a large trout
[09:33] {Threei} guys,
[09:33] {Threei} Please hide GAB AND GXB in Hidden MM tab in trade settings.
[09:33] {Threei} it works, just did it
[09:33] {Threei} no those EDGX idiotic quotes
[09:37] {magoo} how vad, pulled up settings
[09:40] {magoo} vad, where is it, right click chart or file bar?
[09:40] {Threei} Hidden MM tab
[09:40] {Threei} right click Level 2
[09:40] {Threei} Hidden MM tab
[09:40] {Threei} check box Hide MM,
[09:40] {Threei} type GAB, click Add,
[09:40] {Threei} type GXB, click Add
[09:41] {Threei} click OK
[09:41] {Threei} puff, they are gone
[09:41] * Threei slaps LaserDave1 around a bit with a large trout
[09:42] {magoo} where i type those?}
[09:42] {magoo} gab?
[09:42] {Threei} window above Add button
[09:42] {Threei} in the middle
[09:43] {magoo} ok THANX
[09:43] {Threei} worked?
[09:44] {magoo} how would i know?whats missing?
[09:44] {Threei} US ENERGY SEC BODMAN: WE NEED MORE OIL FROM OPEC
[09:44] {Threei} EDGX disappeared from L2 with it's incorrect quotes
[09:44] {Chaeron} drill for it in Alaska
[09:44] {magoo} yup..worked
[09:44] {magoo} :)
[09:44] {Threei} good... slap LaserDave then
[09:44] * magoo slaps LaserDave1 around a bit with a large trout
[09:44] {Threei} ty
[09:45] {Threei} that should be him explaining how to do it
[09:45] {Threei} but his laziness makes me work overtime
[09:45] {Threei} ASIA aagain
[09:49] {Threei} IDIX??
[09:49] {LaserDave1} i get tht trout again
[09:51] {Threei} what the
[09:51] {markweb} CVTX vad?
[09:51] {Threei} ?
[09:51] {Threei} what do you see on it?
[09:52] {markweb} nice support @10.26
[09:52] {Threei} hmm? :)
[09:52] {markweb} ups:)
[09:52] {Threei} 25 cents range, nothing really happens... I just see no play
[09:53] {markweb} ty
[09:54] {Threei} if IDIX takes 3.30 can move big... dangerous as hell
[09:54] {magoo} all the way to 4
[09:54] {esemde} i'm outta here.....have a great rest of the day...media interviews...oh well
[09:54] {Threei} take care ese
[09:54] {Threei} you are a star
[09:54] {esemde} see ya Vad
[09:54] {magoo} good deal ES:)
[09:58] {magoo} any read AMZN here vad?
[10:01] {Threei} no
[10:01] {Threei} market is likely to calm down for a while
[10:12] {Threei} I don't remember NQ daily being that hectic as last couple weeks in a long long while
[10:13] {magoo} strange days
[10:13] {magoo} up 20 down 20
[10:15] {Threei} BIOS... see if we get pullback to 8 for entry
[10:15] {Threei} not sure it's capable of much on this break
[10:16] {Threei} daily looks good but stock is a bit narrow
[10:16] {Threei} IDIX, I guess I'd prefer aggressive entry on it
[10:17] {Threei} if 3.02 getting taken
[10:26] {Threei} SCON doesn't seem to stop
[10:26] {magoo} sheesh, how we miss that?
[10:28] {dino} back
[10:28] {Threei} same with ASIS
[10:28] {Threei} 12.10 is another long trigger for it
[10:28] {Threei} ASIA
[10:31] {markweb} stop for ASIA?
[10:31] {Threei} under 12
[10:31] {markweb} ty
[10:35] {Threei} anyone went for BIOS?
[10:35] {Threei} just so I know to monitor it or not
[10:35] {magoo} not i
[10:36] {markweb} not i
[10:38] {bruce} nope
[10:41] {Threei} LEHMAN REVISES FED FORECAST: NOW SEES 25 BPS CUT ON OCT 31 VS PREVIOUS FORECAST OF NO CUT IN OCT (TIMING UNCERTAIN)- expects Fed Funds to drop to 3.75% by the middle of 2008
[10:45] {dino} arci hl s .27, stop .62
[10:45] {bruce} brcm short?
[10:45] {dino} dk too thick for me
[10:45] {Threei} I can't tell bruce
[10:45] {bruce} k - thanx vad - me either
[10:46] {Threei} when market is at such extremes, anything can happen with equal probability, and it can happen fast and violent
[10:46] {Threei} see this?
[10:47] {Threei} 25 cents jump in a matter of seconds
[10:47] {bruce} yes - big pop
[10:47] {Threei} can illustration of my comment be any more timely
[10:47] {bruce} was also wondering about tmta - 14 is possible support
[10:48] {dino} dwsn hl l .93
[10:48] {bruce} wAIT FOR CLEARER DIRECTION IN MARKET?
[10:48] {bruce} oops - sorry for caps
[10:49] {Threei} for emotions to settle down a bit
[10:49] {bruce} k
[10:49] {dino} tighten bstop on arci to .52
[10:49] {Threei} market goes from extreme euphira on one day to total desperation on another
[10:51] {bruce} ah - unlike me - I just gp frpm desperation to des[eration in the markets
[10:51] {dino} :)
[10:51] {dino} see,. and me, i like this stuff
[10:52] {dino} over reactions everywhere
[10:53] {bruce} good skill to have dino - I see you taking some pretty big moves
[10:53] {dino} lucky
[10:54] {bruce} not luck - you just have a knack for readin big moves
[10:54] {bruce} I tend to get killed in those playing them wrong side
[10:54] {bruce} or having it go my wqay one cent after I get stopped
[10:55] {dino} it's all that good living i do bruce, :)
[10:56] {bruce} we need to rmemeber to reset hidden bids again tomorrow vad so edge shows again
[10:56] {bruce} lol - nothing wrong with good living
[10:56] {dino} dwsn wide
[10:57] {dino} srce
[10:57] {Threei} just don't save layout bruce
[10:57] {Threei} then when you restart laser it will be like before you made change
[10:58] {bruce} k - good idea
[10:59] {bruce} mer a reversal play off 62 dino?
[10:59] {dino} cov arci .05, +.22
[11:03] {dino} out dwsn .90, -.03
[11:04] {dino} not watching mer, but generally not liking it
[11:05] {dino} watching rimm, drys, and dwsn for reversals, arci spike to short
[11:05] {bruce} k
[11:07] {bruce} off to appointment lads
[11:07] {dino} take care
[11:07] {bruce} try to get back befre eod nut most likely tomoorow
[11:07] {bruce} thanx
[11:20] {dino} hl l drys .30
[11:24] {magoo} SCON read here vad??
[11:24] {Threei} zilch
[11:25] {magoo} ROMAN read on SCON?
[11:26] {dino} out drys .30, +1.00
[11:26] {Roman} npe
[11:26] {Roman} nope
[11:26] {Roman} it's your setup tho
[11:27] {dino} tough crowd
[11:27] {dino} hl l cyno .50, stop lod
[11:29] {Threei} emotions run high again
[11:29] {dino} l hl bcsi .82
[11:29] {Threei} we retested low, bounced quite violently
[11:32] {Threei} if NQ holding above 2175, 2190 is very likely before day ends
[11:37] {Threei} no major earnings today except AMGN and ESRX
[11:37] {Threei} and SYMC
[11:37] {Threei} tomorrow though we have MSFT and BIDU
[11:42] {dino} out cyno .74, +.24
[11:42] {dino} stopped bcsi -.40 off my screen pig
[11:42] {Threei} pig is right
[11:42] {Threei} disgustingly traded
[11:43] {Threei} ACXM
[11:43] {Threei} .15 break long with stop under 14
[11:43] {dino} hmmmmmmmmmmmmmmm
[11:48] {dino} risky, hl l rimm .50
[11:50] {Threei} GOOG SAYS THERE IS 'SUBSTANTIALY HEADROOM' FOR AD QUALITY - ANALYST DAY
[11:50] {Threei} whatever that means
[11:54] {dino} out rimm .90, +.40
[11:57] {dino} partial l cyno .50
[11:57] {dino} hl got it, stop lod
[11:58] {dino} amgn blood
[11:58] {dino} nah
[11:58] {Threei} to compltete the idiocy, we would need to close in black today
[11:58] {Threei} THAT would be something
[11:58] {dino} bad prints
[11:58] {Threei} there was peice of news on it dino
[11:58] {dino} we go black, but finish red
[11:59] {dino} ok ty
[11:59] {Threei} MEDICARE CHIEF: NO NEW EVIDENCE TO REVERSE STANCE ON COVERAGE OF AMGN'S EPOGEN OR JNJ'S PROCRIT - WIRE- Note 9/24: Medicare Agency said there is no new evidence to justify changing Epogen payment policy
[12:00] {dino} nyx rockin'
[12:02] {Threei} 2190 is coming for NQ, IMO
[12:02] {Threei} and if we close anywhere around 2190-2200, green day tomorrow
[12:03] {Threei} 8 points NQ in one gasp
[12:04] {Threei} tom, tell me you got it
[12:05] {Threei} Roman's IVAN held like champ
[12:05] {dino} stingy, cyno stop to .75
[12:05] {Threei} needs to chew through .40 next
[12:06] {dino} stopped slippage, .72, +.22
[12:07] {Threei} I'd suggest to replace "stopped" with "took profits" when it's + :)
[12:07] {Threei} same thing, sounds better
[12:08] {Threei} keeps us one step farther from high blood pressure, high cholesterol and heart attack
[12:08] {magoo} vad, u out ACXM
[12:08] {Threei} no
[12:08] {Threei} never lost 14
[12:08] {Threei} but became so thick suddenly
[12:08] {Threei} weas much more perky
[12:10] {Threei} 2190 ding ding
[12:10] {Threei} guys who doesn't trade NQ but wants to utilize NQ calls
[12:10] {Threei} you have three ways to do it
[12:10] {Threei} one by proxy which moves with market
[12:11] {Threei} which is not always easy
[12:11] {Threei} since they change their ways day by day, like BRCM
[12:11] {dino} l dwsn .00
[12:11] {dino} hl
[12:11] {Threei} another is QQQQ which is not for everyone either,
[12:11] {Threei} a bit too narrow and thick
[12:12] {Threei} and requires a lot of capital tied with quite modet return because of narrowness
[12:12] {Threei} third is QID which mirrors NASDAQ moves in inverse relation
[12:12] {Threei} better price, wider moves
[12:12] {Threei} easy to get in and out
[12:13] {Threei} 2200 almost... tom, I am about to slap you with big juicy trout
[12:14] {Threei} frikin ASIA
[12:14] {Threei} I can't believe it
[12:15] * Threei slaps LaserDave1 around a bit with a large trout
[12:15] {Threei} look your dcc will ya
[12:18] {Threei} out ACXM
[12:18] {Threei} this is not my day
[12:25] {Threei} IVAN through .40
[12:25] * Threei slaps Roman around a bit with a large trout
[12:26] {Roman} :)
[12:27] {Chaeron} .
[12:31] {dino} dow green
[12:31] {dino} avtr
[12:31] {Threei} NQ down measly 7 points
[12:31] {Threei} which is nothing in grand scheme of things
[12:37] {Threei} FED SPOKESPERSON DECLINES TO COMMENT ON MARKET SPECULATION ABOUT AN IMMINENT FED DISCOUNT RATE CUT
[12:44] {Threei} what a rollercoaster
[12:44] * Threei slaps LaserDave1 around a bit with a large trout
[12:45] {dino} why would they cut early, mtg is wed
[12:45] {Threei} he just answers rumors
[12:45] {Threei} a lot of specualtion goes on
[12:45] {dino} why bother
[12:45] {Threei} several headlines
[12:45] {Threei} I guess he got asked
[12:46] {Threei} had to say something... so "no comments" is always a safe bet :)
[12:46] {dino} akam drop
[12:47] {cosmo} EFII
[12:47] {cosmo} hod
[12:47] {Threei} nothing fresh on AKAM
[12:48] {dino} earnings tonight
[12:48] {Threei} AKAM?
[12:49] {Threei} hmmm... didn't see it in earnings calendar
[12:49] {Threei} could be an AH play if so
[12:50] {dino} yyahoo.com/research/earncal/today
[12:56] {Threei} closing above 2200
[12:57] {Threei} 45 points bounce from bottom
[13:00] {dino} hmm, no fill dwsn.
[13:00] {Threei} New Zealand keeps rate unchanged
[13:00] {Threei} just so you know
[13:01] {Threei} HLYS
[13:01] {Threei} cuts sale forecast
[13:02] {Threei} AKAM REPORTS Q3 $0.34 V $0.33E, R$161 V $161ME
[13:04] {Threei} ESRX REPORTS Q3 $0.60 V $0.57E, R$4.52B V $4.57BE
[13:06] {Threei} SYMC
[13:06] {Threei} EPORTS Q2 $0.29 V $0.26E, R$ V $1.39BE- Guides Q3 $0. v $0.31e, R$ v $1.47Be
[13:06] {Threei} - Guides Q3 $0.25-0.30 v $0.31e, R$1.42-1.46B v $1.47Be
[13:08] {Threei} AMGN
[13:08] {Threei} EPORTS Q3 $1.08 V $1.03E, R$3.6B V $3.57BE
[13:09] {dino} gotta hop, take care all
[13:09] {Threei} me too
[13:09] {Threei} see you all tomorrow
Session Close: Thu Oct 25 00:00:00 2007