Tuesday, February 5, 2008

February 05 2008

Session Time: Tue Feb 05 00:00:00 2008

[08:45] {Threei} Good morning
[08:46] {Threei} wow SIRF getting serious beating
[08:46] {hawkfan4} good morning vad, all
[08:46] {Threei} hawk :)
[08:47] {hawkfan4} SIRF back to 2004 ipo price
[09:04] {esemde} mornin.....
[09:04] {Threei} ese :)
[09:10] {Threei} relentless selling pressure SIRF
[09:15] {esemde} what was the news on SIRF
[09:16] {dino} gm all
[09:16] {dino} misses
[09:17] {dino} .28 vs .32 est
[09:17] {Threei} dino :)
[09:17] {Threei} missed and guided lower
[09:17] {Threei} plus bunch of downgrades of course
[09:18] {cosmo} CPSL
[09:18] {cosmo} needs to hold 5.4'ish
[09:19] {cosmo} .. on its pause to refresh...
[09:22] {magoo} magoo's in THE HOUSE
[09:23] {Threei} magoo :)
[09:23] {dino} back in 30
[09:25] {magoo} the "tone" for this earnings season was down
[09:25] {magoo} aapl reported..down, goog.,.down etc etc
[09:33] {Threei} KLAC short .50 breakdown
[09:33] {Threei} .65 stop
[09:34] {magoo} full lot?
[09:34] {Threei} 15 cents stop... sure
[09:36] {magoo} i guess i asak is ..is stock slow enough mover to provide erxit time for .15 stop..a personna question..but ty ..ok
[09:36] {magoo} and it follows naz like nvda right/
[09:36] {Threei} mostly yes
[09:37] {Threei} aggressive entry here
[09:37] {Threei} nasdaq drops
[09:37] {Threei} KLAC lags
[09:37] {Threei} .71 stop with aggressive entry
[09:38] {magoo} in .62
[09:40] {Threei} stopped
[09:40] {magoo} yep
[09:42] {Threei} SIRF back to 8
[09:44] {Threei} 8.20 half lot long with stop under 8
[09:44] {Threei} lost support, no play for now
[09:45] {esemde} by the way...sold PALM at end of the day yesterday 6.38 , -.11 -$55 smackers
[09:45] {Threei} sometimes you eat bear...
[09:46] {esemde} yep....
[09:47] {Threei} SIRF setup is back if not losing 8 anymore, trigger can be moved to .15
[09:52] {magoo} in sirf..now need mkt
[09:52] {Threei} PTEK half lot long .11
[09:52] {Threei} .94 stop
[09:53] {magoo} what?? only 300 shares traded
[09:53] {Threei} PTEC, sorry
[09:53] {magoo} lol..and .11 was there too
[09:53] {Threei} slow climber, capable of bigger mover
[09:55] {Threei} TASR TICKING UP ON RENEWED TAKEOVER CHATTER- GE rumored as potential acquirer
[09:55] {esemde} long 1/2 lot SMSI risky 8.27...thin levels
[09:57] {dino} nyx l .45
[09:57] {dino} stop is .18
[10:00] {Threei} 1:1 PTEC, half out who got it
[10:00] {esemde} missed it
[10:01] {esemde} nice one though VAD
[10:01] {Threei} a tad late on alert
[10:01] {magoo} i didn't chase
[10:01] {magoo} by time i loaded it it was .16
[10:01] {esemde} same
[10:02] {Threei} won't be tracking it if no one got it
[10:02] {magoo} nice spot though
[10:02] {magoo} in sirf
[10:02] {hawkfan4} i got it vad, thx
[10:02] {Threei} :)
[10:07] {dino} nyx stopped
[10:09] {Threei} SIRF too
[10:10] {magoo} tough start
[10:11] {Threei} CREE half lot long if not losing .90 and breaks 32
[10:12] {dino} sizing down
[10:13] {Threei} TASR has some fuel...big resistance at 12 ahead
[10:14] {dino} sigm
[10:14] {Threei} TZIX
[10:14] {dino} cvco
[10:14] {Threei} 20 break small shares long
[10:14] {Threei} stop under .75
[10:15] {Threei} volatile one, keep it small
[10:22] {dino} sigm l sm .00, wide
[10:24] {Threei} TZIX holding well under 20 so far, and chewing it slowly
[10:24] {esemde} out SMSI .38 +.11
[10:24] {magoo} a jumper vad?
[10:25] {Threei} can be, quite thin
[10:25] {Roman}
21 YTEC
[10:25] {Roman}
21 sqeezer
[10:25] {Roman}
21 looking to enter small here
[10:25] {Roman}
21 and will add small on pullback
[10:25] {Threei} 02/04/08 05:02pm [YTEC] Reports Q4 $0.26 v $0.18e; R $23.5M v $16.2M
[10:27] {Roman}
21 in YTEC first lot
[10:27] {Roman}
21 17.40
[10:30] {Threei} TZIX better trigger now
[10:38] {dino} watching ctrp, mwiv
[10:39] {dino} ctrp l .22, sm
[10:39] {dino} mwiv l .20 sm
[10:45] {Threei} LLTC .59 shot half lot, .71 stop
[10:46] {dino} is that like 1/2 a shot
[10:47] {Threei} yup, for non-drinkers
[10:47] {dino} ahhh
[10:47] {Threei} they need to start slowly, you know
[10:48] {Threei} but by the time magoo and I are done reconditioning them...
[10:49] {dino} ctrp stopped +.04
[10:51] {Threei} trail LLTC to .65
[10:52] {Threei} it's practically at 1:1
[10:52] {Threei} feel free to take scalp
[10:57] {Threei} those who hold, trail to .61
[10:58] {magoo} anyone know when BIDU reports?
[10:59] {hawkfan4} 2/13 after market mags
[10:59] {magoo} thanx hawk : )
[10:59] {hawkfan4} np
[11:03] {dino} out mwiv .60, +.40
[11:03] {dino} nice spike
[11:04] {Threei} 1:2 LLTC, me out
[11:04] {hawkfan4} nice one vad, thx
[11:05] {Threei} :)
[11:05] {magoo} easy button vad
[11:06] {Threei} hit it twice please
[11:09] {dino} ctrp sm l .08
[11:11] {bruce} nyx looking better long now dino
[11:11] {dino} mwiv l sm .40
[11:13] {dino} tough one, but yes, w/ stop at lod
[11:14] {bruce} toolate now - was thinking about 30 entry
[11:14] {dino} good spot bruce
[11:16] {bruce} thinking tyc on break of .46 dino
[11:17] {magoo} vad, your done w/tzix right? as in not valide
[11:17] {dino} good report
[11:18] {Threei} still keeping an eye on it mags
[11:24] {magoo} well..u have extra
[11:25] {bruce} out tyc -6c
[11:29] {dino} good stop
[11:30] {bruce} break didn't take off so dumped it
[11:33] {Threei} SEN BANKING PANEL CHMN DODD TO MEET WITH FED CHAIRMAN BERNANKE TOMMOROW TO DISCUSS ECONOMY AND HOUSING
[11:33] {Threei} go long thier wine and cheese supplier i guess
[11:34] {dino} form
[11:35] {dino} i have to laugh, hilary, when i get into the pres. office, i will freeze rates on mtgs. (of course, thats in jan 2010)
[11:37] {bruce} I think form will go lower yet
[11:38] {dino} ctrp stop to .58
[11:38] {dino} 23.60s?
[11:39] {dino} out ctrp .60, slipped upwards,
[11:39] {dino} +.52
[11:39] {bruce} nice dino -
[11:39] {magoo} nice
[11:39] {dino} ty
[11:40] {bruce} 23.60 looks reasonable to me
[11:41] {dino} "reasonable" you're getting deep
[11:41] {magoo} anyone using arca quotes in laser??
[11:41] {dino} i want "un"reasonable
[11:42] {magoo} vad, u using ARCA quotes??
[11:42] {Threei} yes
[11:43] {dino} is vad here?
[11:43] {magoo} ty
[11:43] {Threei} COIN... watching if getting momo or just floating
[11:46] {bruce} lol dino - 4.37?
[11:46] {dino} sm form .17
[11:50] {dino} form stop is .84
[11:59] {Chaeron} .
[12:00] {magoo} ..
[12:00] * Chaeron slaps magoo around a bit with a large trout
[12:00] * magoo slaps Chaeron around a bit with a large trout
[12:00] {Chaeron} :)
[12:00] {Threei} RIMM starts looking like ashort
[12:00] {Threei} .50 breakdown if stays under 91
[12:01] {Threei} would prefer aggressive entry of course
[12:04] {Threei} in
[12:04] {Threei} will require market help as usual
[12:06] {Threei} that was a good jump to get in
[12:06] {Threei} quite tight stop in RIMM terms
[12:06] {dino} ctrp fast drop
[12:08] {dino} missed it
[12:11] {Threei} die RIMM
[12:12] {magoo} i got .63, what u get?
[12:14] {Threei} .64
[12:18] {Threei} hmmm... holding despite NQ drop
[12:18] {Threei} traing to .91
[12:18] {Threei} trailing
[12:18] {dino} form stopped .83 -.34
[12:19] {bruce} sorry dino
[12:19] {dino} you were closer to right than i
[12:19] {bruce} we'l see what it does from here
[12:21] {Threei} RIMM, make your decision here, scalp or half
[12:31] {Threei} RIGL half lot 25 short
[12:31] {Threei} .20 closest resistance for stop placement for now, if triggers from here .15 will be valid as well
[12:33] {Threei} who would have thought SIRF was still a short after that gap
[12:34] {Threei} things set in motion...
[12:35] {magoo} u short rigl now?
[12:36] {Threei} didn't trigger
[12:37] {Threei} cover RIMM at will
[12:38] {Threei} cool 60 cents
[12:39] {Threei} maybe capable of more but I care not
[12:40] {magoo} covered @ .99 TY
[12:40] {Threei} wtg
[12:40] {magoo} was waiting .88..no fill..adjusted
[12:41] {dino} form .69
[12:42] {Threei} stubborn supporter at 25.02
[12:44] {Threei} gave up
[12:44] {Threei} or moved 1 cent lower
[12:47] * Threei hits RIGL buyer over the head with 2x4
[12:48] {Threei} .15 stop
[12:51] {magoo} what entry u get? .01? i 25
[12:51] {Threei} 25
[12:51] {magoo} rimm looks short
[12:51] {magoo} not in
[12:52] {Threei} I see just one relief from this chinese watr torture
[12:52] * Threei slaps LaserDave1 around a bit with a large trout
[12:52] * magoo slaps LaserDave1 around a bit with a large trout
[12:52] {Threei} Roman's YTEC tries
[12:55] * Chaeron slaps LaserDave1 around a bit with a large trout
[12:55] {Chaeron} (better late than never)
[12:55] {Threei} yes but if you are late you8 have to do it twice
[12:57] * Chaeron slaps LaserDave1 around a bit with a large trout
[12:57] * Chaeron slaps LaserDave1 around a bit with a large trout
[12:57] {Chaeron} paid in full?
[12:57] {Threei} even with some excess
[13:02] {dino} tyc l .00
[13:02] {dino} stop lod
[13:11] {Threei} RIMM is holding better than market
[13:11] {Threei} long scalp candidate on bounce
[13:12] {Threei} .51 long if holding above .35
[13:16] {Threei} FED'S LACKER: SIGNIFICANT DECLINE IN GROWTH SINCE AUGUST, FURTHER EASING MAY BE WARRANTED, MUCH OF DECLINE IN LAST TWO MONTHS
- Possibility of mild recession, uncomfortable with inflation picture.
[13:16] {Threei} - Housing inventories are depressing sales and construction.
[13:16] {Threei} - Sees sluggish growth as most likely path in near future, lethargic job growth in 2008.
[13:16] {Threei} - Says if job growth remains positive, could curb recession.
[13:23] {dino} ctrp l sm .75
[13:27] {bruce} nyx may be setting up long here dino
[13:29] {dino} bloody
[13:29] {Threei} RIGL starts working finally
[13:33] {Threei} 1:1
[13:41] {Threei} covered +18
[13:41] {Threei} anyone?
[13:41] {magoo} me
[13:41] {magoo} ty
[13:42] {Threei} :)
[13:42] {Threei} 1:2
[13:42] {hawkfan4} me too vad, thx :)
[13:42] {Threei} welcome :)
[13:42] {bruce} spwr dino
[13:43] {Threei} very slow but easy and safe
[13:44] {dino} dk
[13:48] {dino} lod's
[13:50] {bruce} taking break
[13:54] {dino} good idea
[13:55] {Threei} STKL is slow and narrow but immune to nasdaq drop
[13:58] {Threei} AAPL sharp down
[13:58] {Threei} bounce into .50 deserves shorting
[13:59] {Threei} stop would be above .70
[14:00] {Threei} in
[14:00] {Threei} stop .55
[14:01] {Threei} half out .24
[14:01] {Threei} die now AAPL
[14:01] {Threei} NASDAQ does, why not you
[14:02] {Threei} stop to breakeven
[14:02] {Threei} won't lose money on it but want to see if it can't lose 129
[14:03] {Threei} for if it does
[14:03] {Threei} me shall be happy
[14:04] {Threei} what, that's all?
[14:04] {Threei} come on, such breakdown deserves more than 10 cents
[14:05] {Threei} stop to .35
[14:06] {Threei} out
[14:06] {Threei} got a bit greedy on seconbd half as if 50 cents was not enough
[14:07] {Threei} if you all fell asleep let me know, I will too
[14:08] {magoo} here
[14:09] {patience} my dog is snoring....won't be long before he has company
[14:09] {Threei} cat slept until smelled banana peeled
[14:11] {dino} magoo snoring too
[14:11] {Threei} elbow in the ribcage should do it
[14:18] {dptl} good afternoon all......,did i miss anything?
[14:21] {dino} no
[14:26] {Threei} couple slow ones
[14:28] {Threei} SIRF, quick selloff under 7 will be worth long attempt
[14:28] {dptl} i see
[14:30] {dino} tyc stop to .40
[14:31] {Threei} if not losing 7, .07 long with .99 stop
[14:33] {Threei} here goes
[14:34] {Threei} 7.01 if holding above .95
[14:34] {magoo} in
[14:36] {dino} tyc to .50
[14:36] {dino} btw ty bruce, would've never found that one
[14:37] {dino} to .59
[14:39] {dino} out .68, tyc, +.68
[14:39] {Threei} wtg
[14:39] {dino} ty
[14:39] {dino} too tight
[14:40] {Threei} IDMI lost its mind today
[14:40] {Threei} half out SIRF
[14:41] {Threei} +.17, almost 1:3
[14:42] {Threei} stop .99
[14:42] {dptl} i grabed .12c ty
[14:42] {Threei} letting it trade
[14:43] {Threei} welcome... you got back just in time for another slow one eh?
[14:43] {dptl} yep perfect timing
[14:47] {bruce} just got back - glad tyc worked for you dino
[14:49] {Threei} 1/4 more out SIRF
[14:49] {Threei} +.34
[14:50] {Threei} 7.15 stop for the ladst portion, with target somewhere above .50
[14:53] {magoo} out sirf here, ty vad
[14:53] {Threei} welcome
[15:00] {Threei} look at daily IDMI
[15:00] {Threei} not every day you see that
[15:02] {dino} back in 10
[15:14] {Threei} RIMM.31 small long
[15:14] {Threei} .19 stop
[15:16] {magoo} in vad
[15:16] {magoo} .31
[15:16] {Threei} 1:1 easy
[15:17] {Threei} and over
[15:17] {Threei} decide for yourself scalp or hold
[15:18] {Threei} with such entry there is a luxury to pick your options
[15:19] {Threei} scalpers win
[15:19] {magoo} theme of 08
[15:26] {bruce} klac short?
[15:28] {Threei} I am not too keen on shorting here bruce
[15:29] {bruce} k- just thinking we're losing in on end of day
[15:29] {bruce} closing
[15:30] {Threei} this is the point where it's anyone's guess what takes over for last part of the day, further selling or some covering
[15:30] {Threei} and KLAC being toy in NASDAQ hands, not what I'd play here
[15:31] {bruce} k - retiring mouse for day
[15:32] {Threei} not necessary
[15:33] {dino} alab
[15:33] {Threei} just need clean setup with small risk, not general direction idea
[15:33] {Threei} for instance, same KLAC, .81 long if holding above .70
[15:34] {bruce} k - got you
[15:35] {dino} bruce, think probabilities, market down 3%+ in 48 hours
[15:37] {bruce} k dino
[15:43] {dino} tyc strong
[15:43] {Threei} IDMI stronger
[15:44] {dino} y
[15:44] {Threei} freak show, lol
[15:44] {dino} dwsn, the one day i don't trade it
[15:52] {bruce} micc dino
[15:52] {Threei} i can't take my eyes off IDMI
[15:57] {Threei} ok guys, thank you all, much easier trading so far this month,
[15:57] {Threei} have a good evening
[15:57] {Threei} see you tomorrow'
[15:59] {dino} ctrp stopped -.31
[15:59] {dptl} have a good evening all
[16:01] {magoo} good nite all
[16:03] {bruce} night mags
[16:03] {dino} down day, get 'em tomorrow
[16:03] {bruce} form spike dino
[16:04] {dino} hmmm
[16:04] {bruce} yep - same here dino
[16:04] {dino} no news
[16:04] {dino} bad yrade/misprint
[16:04] {dino} trade
[16:05] {dino} ok form earnings out
[16:05] {bruce} maybe - level 2 issitting down here though
[16:06] {bruce} trades going off so dump seems legit
[16:07] {Threei} REPORTS Q4 $0.29 V $0.36E, R$120.5M V $126ME
[16:07] {dino} looks like a miss.29 vs .36 exp, .09, stock, .06 other
[16:18] {dino} usna
[16:22] {bruce} another one to watch for tomorrow
[16:23] {bruce} night all
[16:30] {dino} rate
[16:32] {dino} l sm .25