Tuesday, November 20, 2007

November 20, 2007

Session Start: Tue Nov 20 00:00:00 2007

Session Time: Tue Nov 20 00:00:00 2007

[05:09] {Threei} ASIA
[05:09] {Threei} LAUNCHES MOBILE E-COMMERCE SOLUTION AND WINS CONTRACT WITH CHINA MOBILE- Announced that it has launched a new mobile e-commerce solution, and won a contract with China Mobile for a bonus point management platform. AsiaInfo is the first in China to offer such a solution.
[05:15] {BillyD} morning Vad
[05:15] {Threei} Billy :)
[05:16] {Threei} I assume we are getting old? waking up way too early...
[05:16] {Threei} falling asleep in front of TV in the evening...
[05:16] {BillyD} lol
[05:17] {Threei} disapproving today's youth...
[05:17] {BillyD} actually hit the snooze 4 times this morning
[05:17] {BillyD} sleeping in
[05:17] {Threei} picking softer cheeses...
[05:18] {Threei} on other hand... added more weights to my barbell yesterday... hmmm... state of confusion
[05:19] {Threei} where is cosmo, he usually helps me out of this state
[05:19] {Threei} mostly by demonstrating that my confusion is nothing
[05:19] {BillyD} he's probably assessing your situation
[05:22] {Threei} noticed last blog post?
[05:22] {Threei} http://www.realitytrader.com/blog/2007/11/old-ways-new-results.html
[05:22] {Threei} I was actually amazed when realized how common it is
[05:23] {BillyD} let me read
[05:28] {BillyD} what is the underlying reason people won't change....admitting it's not working?
[05:29] {Threei} comfort zone
[05:29] {Threei} staying with what is familiar, no matter whether it's working
[05:29] {BillyD} read some TTR yesterday
[05:29] {Threei} desire to make it work by minor tweaks
[05:30] {Threei} not by major rewamping
[05:30] {BillyD} focus on stock movement to keep map in alignment w/ territory is key
[05:30] {Threei} unwillingness to admit chosen direction is fundamentally wrong
[05:30] {Threei} ah TTR... I really need to read that
[05:31] {Threei} people keep saying I should
[05:31] {Threei} *OCT HOUSING STARTS: 1.229M V 1.17ME; BUILDING PERMITS: 1.178M V 1.2ME
[05:31] {BillyD} lol
[05:31] {Threei} FCEL SELLS THREE DFC300 POWER PLANTS TO EASTERN MUNICIPAL WATER DISTRICT IN CALIFORNIA
[05:38] {dino} gm all
[05:39] {Threei} dino :)
[05:39] {Threei} made it long weekend yesterday? :)
[05:40] {dino} yes. plus had 6 inches of snow
[05:40] {Threei} yikes!
[05:42] {BillyD} gm dino
[05:43] {Threei} EURO BREAKS ABOVE THE THE 1.48 LEVEL FOR THE FIRST TIME EVER
[05:44] {Threei} "thank you OPEC" I'd guess
[05:46] {dino} gm billy
[05:49] {cosmo} BCSI
[05:50] {cosmo} 39
[05:50] {cosmo} .. a pre mkt test...
[05:52] {Threei} we had a beautiful selloff on CIEN yesterday dino... totally your type
[05:53] {Threei} was so overdone even visually
[05:55] {dino} i'll take a look
[06:08] {Threei} CHINESE PM WEN: SEES 2007 GDP GROWTH AROUND 11.5%
[06:09] {cosmo} RSTO pre mkt high = 7.40 fwiw
[06:14] {Threei} 11/19/07 05:34pm [RSTO] Sears said it proposed an acquisition of RSTO and seeks non-public information; Sears also reported a 13.67% stake in the company
[06:17] {esemde} morning all
[06:17] {Threei} ese :)
[06:17] {esemde} anything looking good
[06:17] {BillyD} ese, cosmo :)
[06:18] {esemde} I mean....you look good in the morning Vad but I mean you know....stock wise....
[06:18] {cosmo} BCSI pre mkt high = 39.40
[06:18] {cosmo} BD:)
[06:19] {Threei} ummm... you may have a problem with your sight, ese... {G}
[06:22] {dino} fre tagged
[06:22] {cosmo} rsto
[06:22] {dptl} good morning all :)
[06:22] {Threei} 07:31am [FRE] Reports Q3 -$3.29 v 0.51e (includes items), R-$678M v 1.56Be (unclear if comparable), says to consider cutting Q4 dividend by 50%more.. - Engaged Goldman Sachs and Lehman as financial advisor to help it consider very near term capital raising alternatives - "Without doubt, 2007 has been an extremely difficult year for the country's housing and credit markets and, as our third quarter financial results reflect, we have been imp
[06:23] {Threei} dp :)
[06:23] {dino} fnm w/it too
[06:25] {BillyD} never realized how much money was highly leveraged into housing
[06:25] {Threei} read: never realized how deeply the concept of tulips was misunderstood? :)
[06:26] {BillyD} ok.....
[06:26] {BillyD} lol
[06:27] {BillyD} usual suspects so far tis morning Vad
[06:27] {BillyD} CSIQ, RIMM
[06:27] {Threei} nothing changed over last 3-5 centuries eh?
[06:27] {BillyD} nope....human behavior the same
[06:28] {cosmo} we recently re-entered a bronze age i thot
[06:28] {cosmo} ...checking
[06:28] {Threei} and quickly moving toward stone one
[06:28] {Threei} backward?
[06:29] {cosmo} yea
[06:29] {cosmo} no no
[06:29] {cosmo} bronze is good
[06:30] {Threei} FRE panic
[06:33] {Threei} BCSI small shares long around 39
[06:33] {Threei} desirably if loses it and sells quickly
[06:34] {Threei} finger on a trigger
[06:35] {Threei} in
[06:35] {Threei} stop .40
[06:35] {Threei} stopped
[06:36] {Threei} shaekout
[06:36] {dino} cien l hl .21, stop .84
[06:39] {Threei} nice CIEN
[06:39] {dino} out .84, +.63
[06:40] {dino} ty
[06:40] {BillyD} wtg
[06:40] {dino} and ty for the idea
[06:40] {Threei} :)
[06:41] {dino} fast drop
[06:41] {Threei} BCSI 39.11 long trigger, small shares
[06:42] {Threei} stop under 38.80
[06:45] {Threei} half out .48
[06:45] {Threei} scalpers take profit
[06:45] {BillyD} out full +.34
[06:45] {BillyD} thx
[06:45] {Threei} welcome
[06:46] {dino} bidz
[06:46] {Threei} stop just under 39 for the balance
[06:47] {Threei} missed AMZN... watching for pullback buy
[06:47] {Threei} as close to 80 as possible
[06:48] {Threei} in
[06:48] {dino} ocnf l .10, thin
[06:48] {Threei} .96
[06:48] {Threei} stop .75
[06:48] {Threei} .74 to be exact
[06:48] {dino} stop .89
[06:49] {Threei} 'half out AMZN
[06:49] {Threei} .48... +.56 I think
[06:49] {Threei} stop 79.89
[06:50] {BillyD} out AMZN avg around .35
[06:50] {BillyD} my PC froze up a bit when it spiked to .50
[06:54] {Threei} out BCSI balance
[06:54] {dino} onxx hl l .61
[06:54] {Threei} AMZN stop to .49
[06:55] {dino} gj
[06:55] {Threei} ty
[06:57] {Roman} CROX long on 39.55 break
[06:59] {Threei} RIMM non-stop... wow
[07:01] {Threei} LUNA again...
[07:01] {Threei} what a tough read
[07:02] {dino} rimm nice
[07:02] {Threei} out AMZN balance
[07:02] {Roman} long CROX 1/3
[07:02] {dino} ocnf out .44, +.34
[07:04] {dino} silc
[07:07] {Threei} AKAM .90 break half lot long
[07:07] {Threei} if holding above .75
[07:10] {BillyD} in akam
[07:10] {Threei} LUNA to the moon
[07:11] {Threei} (pun intended and admittedly lame)
[07:11] {BillyD} rofl
[07:12] {Threei} AKAM stop to .79
[07:13] {Threei} not sure about NQ here, want to tighten things a bit
[07:15] {Threei} out AKAM
[07:15] {BillyD} same here
[07:16] {dino} silc s hl .00
[07:16] {dino} stop .35
[07:17] {dino} make it .10
[07:17] {Threei} URRE
[07:17] {Threei} your baby Roman
[07:25] {Threei} time for NQ resumption
[07:26] {Threei} RIMM should be log very soon
[07:26] {Threei} long
[07:26] {Threei} very soon meant like next second, lol
[07:28] {Threei} nailed NQ reversal to the minute
[07:28] {Roman} stopped CROX
[07:28] {dino} silc stopped -.10
[07:28] {Threei} ANAD .21 long
[07:29] {Threei} sheesh... that was fast
[07:29] {Threei} anyone managed to get it?
[07:30] {Threei} won't track it if not
[07:30] {BillyD} not here
[07:30] {Threei} there was solid ask at .20, it just cut through like it was nothing
[07:30] {BillyD} it was .26 and higher when I saw it
[07:31] {Threei} was .19 while I typed, lol
[07:31] {Threei} and it's not particularly too jumpy stock
[07:41] {Threei} CAST?
[07:42] {cosmo} BIDZ
[07:42] {cosmo} gonna test 20
[07:44] {esemde} following CSIQ looking for spots to enter....looks to have stopped it's slid and 15.95/.96 looks enterable on a break...
[07:45] {Threei} I don't know... this stock doesn't behave on breaks
[07:45] {BillyD} it seems to have lost momo
[07:45] {BillyD} for now
[07:48] {esemde} l CSIQ .94.....
[07:49] {esemde} stop .70
[07:51] {esemde} oh oh....
[07:51] {esemde} need the nq and s&p to help me here
[07:51] {esemde} out. .72
[07:52] {Threei} phew... good exit
[07:52] {BillyD} good stop
[07:52] {Threei} rug got pulled hard
[07:52] {esemde} oh well......decided to hit the trigger rather than wait
[07:54] {esemde} I still think this has upside potential
[07:54] {esemde} not right now obviously
[07:56] {Threei} I am sure it does
[07:56] {Threei} this is not looking like ne day wonder
[07:56] {Threei} one
[07:57] {Threei} it's just this stock's personality, gotta trade it on deep pullbacks for now
[07:57] {Threei} when momo returns to it it will be more forgiving
[07:57] {Threei} but even when it was hot it didn't reward breakout buys
[08:00] {dino} jobs
[08:00] {dino} thin
[08:00] {Threei} NIGERIA'S FORCADOS JANUARY OIL EXPORTS WILL EXCEED DEC PLAN - WIRE HEADLINE CITING A TRADER
[08:01] {Threei} SFSF IPO OPENS FOR TRADING AT $13.00
[08:01] {Threei} I am lost
[08:02] {Threei} this is second time in as many days when fresh IPO has previous daily chart
[08:02] {dino} lol
[08:02] {Threei} what do I miss
[08:03] {Threei} next thing we know, delisted setocks continue trading... and that's how we know we are in some other universe
[08:04] {Threei} IRAN/EU NUCLEAR TALKS POSTPONED AFTER IRAN CANCELS; IRAN SAYS ITS ENVOY IS ILL - WIRE HEADLINE CITING OFFICIALS
[08:06] {dino} fmcn
[08:06] {dino} eric drop
[08:07] {Threei} AMZN small shares .70 long if NQ resumes upward
[08:07] {BillyD} looking at AKAM again
[08:07] {BillyD} not sure it participates as willingly as AMZN
[08:09] {Threei} AMZN invalidated for now
[08:10] {Threei} wow ERIC
[08:10] {Threei} SAYS Q4 SALES LIKELY TO BE IN LOWER END OF RANGE OF SK53-B-60B - WIRE CITES NY PRESENTATION
[08:10] {Threei} - Says Europe, US markets 'tighten'
[08:10] {dino} onxx stop to .85
[08:11] {dino} out onxx +.24
[08:12] {Threei} dino is bidding ERIC at 24.30 as we speak :)
[08:13] {dino} 25.21
[08:13] {Threei} 9 cents error :)
[08:13] {dino} 1.09
[08:13] {Threei} oh... sorry, mistype
[08:13] {Threei} meant 25
[08:13] {dino} not going to get it
[08:14] {Threei} I think you will
[08:14] {Threei} or not
[08:16] {dino} thoughts fmcn?
[08:17] {Threei} none... hate this stock, never can get a reliable read on it
[08:17] {dino} hmmm
[08:17] {Threei} short RIMM
[08:17] {dino} missed by 1 cent but beat on revs
[08:17] {Threei} stop above .20
[08:18] {dino} strang punisjhment
[08:18] {Threei} covered half
[08:18] {Threei} stop to above 114
[08:18] {esemde} have to be off...you all have a great rest of the day..
[08:18] {dino} my spelling sucks again i see
[08:19] {Threei} take care ese
[08:19] {dino} cya ese
[08:19] {Threei} you are lucky dino... it means it improves now and then
[08:19] {Threei} while mine stays just as bad all the time
[08:19] {dino} hl l .59 fmcn
[08:19] {Threei} but I pride myself in consistency
[08:20] {dino} lol
[08:20] {dino} eric hit .35
[08:21] {Threei} good boy RIMM
[08:21] {Threei} down boy down
[08:22] {dino} got it .42
[08:22] {Threei} ERIC?
[08:23] {Chaeron} he's not here... good morning all
[08:23] {Chaeron} :)
[08:23] {dino} y
[08:23] {Threei} hey Chaeron :)
[08:24] {Threei} RIMM, my dear
[08:24] {Threei} stop to .40
[08:24] {Threei} ready to cover
[08:24] {Threei} .25 stop
[08:24] {Threei} out
[08:24] {Threei} +.96
[08:24] {dino} fmcn stopped -.40
[08:26] {dino} nice
[08:29] {BillyD} AMZN hanging around
[08:32] {dino} out eric .86, +.44
[08:32] {BillyD} nice
[08:33] {Threei} it's valid again ifdd not losing .50 anymore
[08:33] {dino} thx
[08:33] {Threei} and if NQ helps of course
[08:33] {BillyD} yes
[08:46] {dino} eric lod
[08:48] {Threei} AMZN starts looking to me as more than scalp
[08:48] {Threei} holding too well
[08:48] {BillyD} strong
[08:50] {dino} itri
[08:53] {Threei} half out AMZN
[08:54] {Threei} strop to .59
[08:56] {dino} ravn
[09:02] {Chaeron} Laser Dave - dcc please?
[09:04] {dino} rimm fall
[09:05] {Threei} oh how mightiest fall
[09:05] {dino} bidu too
[09:05] {Threei} sorry... poetic moment
[09:05] {Threei} wanted to short 113 breakdown but fell asleep
[09:06] {Threei} well... not exactly but might as well
[09:06] {dino} yeah, was in middle of bowflex set
[09:06] {BillyD} lol
[09:06] {dino} mkt falling fast
[09:15] {Threei} one more leg down and then bounce time
[09:16] {Threei} waiting patiently for RIMM and AMZN
[09:21] {Threei} ESLR TICKS OFF LOWS ON RENEWED TAKEOVER CHATTER
[09:21] {Threei} almost ready
[09:22] {Threei} in AMZN
[09:22] {Threei} stop under .60
[09:22] {Threei} missed RIMM, maybe pullback closer to 111
[09:23] {Threei} yeah right RIMM says
[09:24] {Threei} half out AMZN +.22
[09:24] {BillyD} lol...same here
[09:24] {Threei} :)
[09:26] {dino} fmcn l hl ,54
[09:26] {BillyD} out rest +.39
[09:27] {Threei} wtg'
[09:27] {BillyD} ty
[09:27] {Threei} perfectly timed entry eh?
[09:27] {dino} gj bd
[09:27] {BillyD} yes....break of .82
[09:27] {BillyD} ty dino
[09:28] {Threei} out second half .30
[09:28] {Threei} +.48
[09:28] {BillyD} didn't really see the NQ break at first though
[09:28] {Threei} it wasn't break
[09:28] {Threei} it was bottoming out
[09:29] {Threei} RIMM comes home
[09:29] {Threei} finger on a trigger
[09:29] {BillyD} u were just reading and not waiting for break right
[09:29] {dino} swtopped -.34, done w/it
[09:34] {Threei} in RIMM , just a scalp this time
[09:34] {Threei} out +.35
[09:34] {BillyD} nice
[09:35] {BillyD} didn't enter
[09:35] {Threei} too soon
[09:35] {Threei} but wasn't reallt confident here
[09:42] {Threei} wow
[09:42] {Threei} that's some hectic action
[09:42] {Threei} glad to be on a sideline
[09:43] {dino} wow rimm
[09:43] {BillyD} I took off L2
[09:43] {BillyD} too wild RIMM
[09:45] {dino} lol
[09:45] {Threei} feels like short for one more leg down
[09:46] {Threei} short .94
[09:46] {Threei} 110.11 stop
[09:46] {Threei} 109.11, sorry
[09:46] {Threei} no, 110
[09:46] {Threei} lol
[09:47] {BillyD} lol
[09:47] {Threei} out anyway
[09:47] {BillyD} how can you even think with that one
[09:47] {Threei} apparently can't
[09:47] {Threei} still feeling of a short
[09:47] {Threei} gotta find better entry
[09:48] {Threei} in
[09:49] {Threei} stop .81
[09:49] {Threei} out .30
[09:49] {Threei} +.36
[09:49] {Threei} real challenge for my math abilities...
[09:50] {Threei} I click faster than I compute
[09:50] {BillyD} you have a good read on it
[10:03] {Threei} ready for one more
[10:05] {Threei} couldn't post in time... .36 -.70
[10:05] {Threei} offering second half 110
[10:06] {Threei} or stopping 109.20
[10:06] {Threei} stop it is
[10:07] {BillyD} I thought u were looking for short entry w new low in mkt
[10:07] {Threei} I obviously should, lol
[10:08] {dino} pretty brutal selloff from hod
[10:08] {BillyD} yes
[10:19] {dino} hl l rimm .50
[10:21] {Threei} in .29
[10:22] {Threei} half out .65
[10:22] {dino} you dog
[10:23] {Threei} rufff
[10:23] {Threei} 110.30 for second half
[10:23] {Threei} call me greedy
[10:24] {BillyD} greedy
[10:24] {Threei} but proftable
[10:25] {BillyD} you said call you that
[10:25] {BillyD} trying to help
[10:25] {Threei} ty
[10:25] {dino} :)
[10:25] {Threei} good to know I have friends to count on
[10:25] {BillyD} we are here for you
[10:26] {Threei} stop to .45
[10:26] {Threei} ok ok, I get it
[10:26] {Threei} out
[10:28] {dino} stopped -.40
[10:28] {dino} bidu sm l 309.25
[10:31] {dino} out 310.35, +1.10
[10:33] {BillyD} nice one
[10:33] {dino} lucky, but ty
[10:33] {dino} rimm rinsed me
[10:36] {Threei} me too on second half
[10:46] {Threei} feels like we saw the low for the day
[10:46] {hawkfan4} Fed minutes released in 14 minutes fwiw
[10:46] {Threei} ty
[10:46] {Threei} I expect hawkish comments from them
[10:46] {Threei} whether market believes them is another matter of course :)
[10:56] {Threei} PREVIEW: MINUTES OF THE OCT 31 FOMC MEETING DUE OUT AT 2PMET
[10:56] {Threei} - Financial markets strains have eased somewhat; inflation and growth risks are now balanced
[10:56] {Threei} - Housing likely to slow pace of economic expansion, sees intensification of housing downturn
[10:56] {Threei} - Will act as need to foster price stability and growth
[10:56] {Threei} - Says recent increases in energy, commodity prices could
[10:56] {Threei} PREVIEW: FOMC QUARTERLY ECONOMIC FORECAST - The Fed will commence steps to increase the transparency of their economic outlook when they release the first of their quarterly forecasts with the Oct 31st minutes. The new forecast will cover an extended horizon of 3-years, inflation forecasts for both core and headline PCE, real GDP, and unemployment rates. Particular focus will likely be paid to the initial forecast for headline PCE, as it im
[10:57] {Threei} stabilizing the overall inflation rate not just the core. The 2007 headline PCE projection is likely to exceed 3%, which would be the third increase of more than 3% in the past four years. However it is very possible the Fed's central forecast will assume softer food and energy prices in 2008 and 2009 due to current futures prices.
[10:57] {Threei} This could lead to projections of the overall PCE rate below the core rate in both years before returning to neutral in 2010. The 2008 core PCE projection could provide a more discouraging look. There is a risk, however, that FOMC members will fear that exchange rate and energy cost issues will result in some backsliding on the core PCE price index in 2008. If the central tendency is on the high side of 2.0% for 2008, a rate cut would face
[10:58] {Threei} - Market participants will be left to ask. Do the new projections and increased discussions surrounding the data put a dent in the widening gap between market expectations and Fed forecasts. Jan Fed Fund Futures still project better than an 85% chance of another rate cut to 4.25% at the December meeting.
[10:58] {Threei} anyone needed this bunch of nonsense?
[10:59] {BillyD} is that your summary recap
[10:59] {Threei} pretty much
[10:59] {dino} hmmm
[10:59] {Threei} my deep conviction:
[10:59] {BillyD} ty...save me the homework for tonight
[11:00] {Threei} - few organizations caused as much harm to US economy as Fed
[11:00] {dino} yes
[11:00] {Threei} - few people caused as much harm to US economy as Greenspan
[11:00] {Threei} - Fed should be abolished, interest rate should be freely "traded" tool
[11:01] {Threei} there
[11:01] {Threei} economy by iliterature
[11:01] {Threei} *OCT 31 FOMC MINUTES: CALL OCT CUT A CLOSE CALL
[11:03] {Threei} *FOMC ECONOMIC AND INFLATION FORECAST: CUTS 2008 GROWTH FORECAST TO 1.8%-2.5% FROM 2.5%-2.75%
[11:09] {Threei} I am getting seasick
[11:09] {BillyD} interrupts sleep
[11:19] {Threei} pre-minutes low held
[11:20] {Threei} for now at least
[11:21] {Threei} still feels like the low for the day has been set
[11:21] {Threei} with such volatility though forecasts can futile
[11:25] {dino} sm l bidu 311
[11:27] {Roman} today is panic day ?
[11:27] {Roman} i think so
[11:27] {Threei} neww low
[11:27] {Threei} not good
[11:28] {Threei} last person exiting, turn off the lights
[11:31] {Threei} bounce time
[11:32] {Threei} in RIMM
[11:33] {Threei} stopped, too soon
[11:33] {Threei} will retry
[11:34] {Threei} got 108.02
[11:34] {Threei} sheesh, no way to post in time
[11:35] {Threei} half out .60
[11:35] {dino} fast one, i can't post them all on it either
[11:40] {Threei} out second half
[11:40] {Threei} +1.19
[11:42] {dino} gj
[11:48] {Threei} ONSM ALL MOBILE VIDEO PARTNERS WITH ONSTREAM MEDIA TO OFFER WEBCAST SERVICES AND DIGITAL ASSET MANAGEMENT SOLUTIONS
[11:49] {Threei} fluff
[11:49] {BillyD} isn't that your baby
[11:49] {Threei} long ago
[11:50] {BillyD} just like you: date 'em and dump em
[11:52] {dino} back in 15
[11:53] {Threei} back in RIMM
[11:54] {Threei} stop under .40
[11:55] {Threei} nope
[11:55] {BillyD} it blisters thru doesn't it
[11:55] {Threei} pretty much
[11:55] {Threei} hot stock at a hot time
[12:00] {Threei} this NQ retreat is much lower volume
[12:00] {BillyD} do you get vol bars w/ NQ
[12:01] {BillyD} I don't with NDX
[12:01] {Threei} yes
[12:03] {Threei} a lot of cut fingers today I'd guess
[12:04] {BillyD} ?
[12:04] {Threei} falling knives?
[12:04] {BillyD} I c
[12:06] {Threei} {Fed} is it something I said?
[12:16] {BillyD} amazing how dead scanner has been
[12:16] {dino} drys
[12:31] {Threei} anyone getting dizzy?
[12:32] {dino} chaos
[12:32] {BillyD} geez...thinking time to short .50 ago on AMZN...glad I passed
[12:32] {cosmo} rough surf
[12:33] {dino} we really missed rimm at 108
[12:33] {Threei} I scalped it twice
[12:33] {Threei} both time exited too soon
[12:34] {Threei} 107.39 to 108.07
[12:34] {Threei} and 108.74 to 109.20
[12:38] {Threei} almost 40 points bounce NQ
[12:39] {Threei} is this maniac-depressive market or what
[12:39] {BillyD} lol
[12:39] {BillyD} maniac the key
[12:41] {dino} out bidu 315, +4.00
[12:41] {Threei} that's too much dino
[12:41] {dino} lol wild ride
[12:41] {dino} and now its 316+
[12:41] {Threei} you need to donate half to some starving tribe somewhere
[12:45] {Threei} and please, do not sufggest that this tribe should trade the msarkets, we have enough of those as it is, judging by market movements
[12:46] {dino} ok boss
[12:46] {dino} wcrx drop
[12:46] {Threei} CAST again...
[12:47] {Threei} something's brewing there... horrible spread though
[12:47] {BillyD} yeah got excited until saw spread
[12:52] {dino} calling it a day, a very good one. ty for ideas, back tomorrow
[12:52] {Threei} take care dino :)
[12:52] {Threei} hmmm.... CAST
[12:52] {BillyD} bye
[12:52] {Threei} took that big offer
[12:52] {Threei} and tightened the spread
[12:52] {BillyD} yes
[12:53] {BillyD} late in day
[12:53] {Threei} if .45 is taken, something does happen there
[12:55] {BillyD} true colors at .50
[12:55] {Threei} or fakes
[12:56] {BillyD} time will tell....tomorrow
[12:56] {BillyD} wow
[12:56] {Threei} you have so much toi dump, why wouldn't you hit the bid at .44 instead of showing to the wolrd that you got a lot of thin one to sell
[12:56] {Threei} someone called the bluff I guess, lol
[12:57] {BillyD} large offers all the way up
[12:57] {cosmo} some might think aft mkt rate cut?
[12:57] {Threei} yes... but the determination with which those two got hit is impressive
[12:57] {BillyD} very
[12:57] {Threei} you need to really commit to grab that much of such thin stock
[12:58] {BillyD} not a daytrader
[12:58] {Threei} no
[12:58] {BillyD} why I can't enter now
[12:58] {BillyD} different time frames
[12:59] {Threei} look at that
[12:59] {BillyD} steal at .40
[12:59] {Threei} going to be interestinfg
[12:59] {BillyD} you in
[12:59] {Threei} coulsdn't resist, took a bit at .40
[13:00] {Threei} tomorrow will show
[13:00] {BillyD} yes
[13:00] {Threei} unless it goes to 8 today, lol
[13:00] {BillyD} I will wait
[13:01] {Threei} offering at 8 in case some enthusiats eants it
[13:01] {Threei} wants
[13:01] {Threei} ok guys, thank you all
[13:01] {BillyD} cya Vad
[13:01] {Threei} have a good evening, see you tomorrow for another session of psychoanalysis
[13:02] {BillyD} good laugh there
[13:02] {BillyD} way to end day
Session Close: Wed Nov 21 00:00:00 2007