Thursday, February 7, 2008

February 07 2008

Session Time: Thu Feb 07 00:00:00 2008

[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 356K V 342KE; CONTINUING CLAIMS: M V 2.715ME
[08:30] {Threei} CONTINUING CLAIMS: M 2.75V 2.715ME
[08:31] {hawkfan4} morning vad, welcome to The end of the world: the sequel
[08:32] {Threei} hi hawk
[08:32] {Threei} yeap, we are headed there
[08:39] {magoo} mornimng
[08:39] {Threei} mags :)
[08:40] {magoo} JCP news..gapper
[08:41] {hawkfan4} 07-Feb-08 08:31 ET In Play JC Penney reports Jan same store sales -1.9% vs -6.1% Briefing.com consensus; guides to high end of range (43.72 ) : Co guides for Q4 (Jan), sees EPS at the high end of $1.65-1.80 vs. $1.65 First Call consensus.
[08:42] {magoo} thanx hawk
[08:42] {hawkfan4} np, same store sales numbers this morning
[08:48] {dptl} good morning all
[08:48] {Threei} dp :)
[08:51] {cosmo} ELNK
[08:51] {cosmo} 6.95 ..so far
[08:53] {cosmo} Con call happening now, btw
[08:53] {Threei} 07:07am [ELNK] Reports Q4 $0.19 v $0.15e, R $281.9M v $281M
[09:02] {esemde} morning all.....
[09:03] {Threei} ese :)
[09:07] {Threei} VLNC
[09:07] {Threei} VALENCE TECHNOLOGY AND THE TANFIELD GROUP PLC SIGN A SUPPLY AGREEMENT FOR LITHIUM PHOSPHATE BATTERY PACKS
- Under the agreement, Tanfield will purchase up to $70 million of Valence products in the contract's first phase and Valence has already received a firm purchase order for the first calendar quarter
[09:07] {Threei} - Note: In prior qtr, VLNC recorded rev of $3.4M
[09:08] {Threei} VLNC is one of those that never hold any gains... this news item however reads rather large
[09:08] {cosmo} nice spread...
[09:08] {Threei} well, as far as I can read anyway
[09:09] {Threei} which doesn't amount to much
[09:15] {Threei} some lone bidder is trying the water
[09:16] {Threei} my neverending luck continues... now I have unprecedented opportunity to buy Rolex watches under $250
[09:17] {esemde} interesting times Archie.......theses only so much blood you can squeeze from a stone......fear-mongers are trying there best thats for sure...
[09:17] {Threei} who cares ese... rolex! under 250!
[09:18] {cosmo} well, there's always turnips
[09:18] {Threei} first buy at 2, someone couldn't wait anymore
[09:19] {magoo} i think u gave your friends in indonesia my wifes email address vad lol
[09:19] {Threei} Raven... any insight into VLNC?
[09:19] {esemde} and how bout this Fed president Plosser...basically saying that the Fed can't help.....what a dufus....talk about undermining the credibility of that institution...
[09:19] {magoo} its avail shgort too
[09:19] {Threei} of course mags, couldn't leave you out in the cold while getting showered with such luck mysaelf
[09:20] {Threei} ese... you assume there is much left to undermine
[09:20] {magoo} appreciate it {as i plead with wife not to send our bank acct numbers }
[09:20] {Threei} be bacl in 5
[09:20] {Threei} back too
[09:25] {dino} gm all
[09:25] {Threei} dino :)
[09:26] {Raven}
3 back ... VLNC ... no clue
[09:26] {Threei} ty... you were my last hope as far as fundies go...
[09:26] {Threei} no hope for me nomore
[09:26] {Raven}
3 lol
[09:27] {Threei} lety's keep it on radar to see if momo players pick this one up
[09:28] {magoo} gotcha
[09:31] {Threei} volume is above whole yesterday's already
[09:34] {bruce} klac short?
[09:34] {Threei} market is still upticking
[09:34] {Threei} KLAC losing support meanwhile but it could easily turn a trap
[09:35] {Threei} VLNC trying
[09:36] {Threei} 2 support
[09:38] {dptl} elnk ?
[09:38] {Threei} this is tough trader dp
[09:38] {cosmo} csco ceo on cnbc fwiw
[09:38] {dptl} ok
[09:38] {Threei} can hold you prisoner for a long time
[09:39] {cosmo} ELNK hod = 7.06 ,,,so far
[09:39] {esemde} watching POWI
[09:39] {Threei} this KLAC bounce is shortable
[09:39] {Threei} stop above .80
[09:40] {esemde} bstop POWI 27.02
[09:40] {esemde} invalidated....
[09:41] {dptl} stopped klac
[09:41] {Threei} fess up magoo
[09:41] {Threei} took VLNC break?
[09:41] {magoo} nope
[09:41] {magoo} in a slump..
[09:41] {magoo} entry KLAC sh?
[09:42] {Threei} not sure
[09:42] {Threei} disconnected somewhat
[09:42] {dino} watching fwlt, de, ctrp
[09:43] {esemde} back bstop POWI .02
[09:44] {curtisweese} akam getting a lot of action today now. i made a quick $.070 per share last night!
[09:44] {cosmo} CSCO gonna go for 'unch'
[09:44] {curtisweese} err i mean .70!
[09:44] {dino} i hit .40 on it curtis last night
[09:45] {curtisweese} wonder if it will keep going up today...hmmmm
[09:46] {esemde} invalidated again.....
[09:46] {Threei} VLNC still eats large offers
[09:46] {esemde} POWI that is....market not helping
[09:46] {Threei} 2.55 long if holding above .40
[09:46] {dino} es, nice powi
[09:47] {Threei} would prefer pullback on it but it doesn't give any so far
[09:47] {dino} eqix falling
[09:47] {dino} thin'
[09:48] {Threei} if losing 2.40, try to pick it up on pullback, hopefully closer to .20
[09:48] {magoo} how many shares u thinking?
[09:49] {Threei} stop will be under 2 so compute from that
[09:52] {bruce} half out klac + .30
[09:53] {bruce} out balance klac + .46
[09:54] {magoo} wtg bruce
[09:54] {bruce} thanx mags - lucky
[09:55] {dptl} nice bruce i got shaked out
[09:55] {dino} gj bruce
[09:56] {bruce} thanx dino
[09:57] {bruce} yeah toughy dp - resisitance at .88 so set stop just above it
[09:58] {dptl} ye i got above .80 s0 got out .83
[09:59] {dino} eqix sm l .40
[09:59] {bruce} wow - really mall stop then
[10:00] {bruce} nice entry you had dp
[10:01] {dptl} no my stop was above.80 ...shorted at .69
[10:03] {bruce} k
[10:03] {Threei} let's restructure VLNC here,
[10:03] {Threei} .40 breakk long
[10:03] {Threei} .29 stop
[10:04] {bruce} using dinos technique with smaller sixe and bigger stops on those volatile plays dp
[10:04] {dino} abco sm l .17
[10:05] {dino} eqix stop to .85
[10:05] {dptl} in vclk .40
[10:06] {magoo} vertical naz
[10:06] {dino} eqix to .39
[10:06] {Threei} the only numbers I see in recent minutes are existing home sales
[10:07] {Threei} and they don't look too rosey
[10:07] {dino} out abco .67, +.50
[10:07] {dino} too soon
[10:07] {Threei} U.S PAULSON SAYS HE IS "FRUSTRATED" OVER NO U.S. BUDGET PROBLEM FIX
[10:07] {magoo} vertical aapl and rimm vad
[10:07] {dino} was laying out forgot
[10:07] {dptl} i mean vlnc at.40
[10:08] {dino} eqix to .53
[10:08] {bruce} very nice eqix dino - tried your entry but didn't get flled
[10:08] {dino} ty
[10:08] {Threei} VLNC, one of two scenarios
[10:08] {dino} out eqix slippage at .48., +1.08
[10:09] {Threei} first, it sits out initial sparkle of attention, waiting for crowd to forget about it, then spike again
[10:09] {Threei} second, it just lost momo
[10:09] {Threei} first seems more probable to me
[10:10] {Threei} but in case it's second, stop is tight enough
[10:10] {magoo} slow tho..so lets look elsewhere also boss
[10:11] {bruce} gold breakout longvad?
[10:11] {Threei} I can't read this thing at all bruce
[10:11] {Threei} it's a wierdo of wierdos
[10:11] {bruce} k
[10:11] {bruce} kind orf like mags then
[10:12] {Threei} sometimes it forms beautiful setup and works like charms, sometimes on the same setup it fades as if whole company just got dissolved
[10:13] {bruce} yeah - those are my entries
[10:14] {dino} aaon
[10:14] {Roman}
21 CPHD
[10:14] {Roman}
21 will try for a bounce
[10:14] {Roman}
21 in small 27.55 area
[10:15] {dino} sm s .55 stop .86
[10:15] {Threei} RIMM small long
[10:15] {dino} aaon
[10:15] {Threei} as close to 84 as possible
[10:16] {Threei} got .24
[10:16] {Threei} out +.40
[10:16] {magoo} missed
[10:16] {magoo} no fills
[10:16] {dptl} missed too
[10:16] {Threei} :(
[10:16] {magoo} i went at .31
[10:16] {magoo} missed
[10:17] {magoo} twice]
[10:18] {dino} aaon bstop to .77, mkt not helping
[10:18] {bruce} nice once vad
[10:18] {Threei} you got it bruce?
[10:18] {dino} oih hod, watch solars, imo
[10:19] {bruce} no - too late for me
[10:19] {Threei} ugh
[10:20] {dino} ugh eqix
[10:22] {dino} talking heads way off again, the horor of the ore-market
[10:23] {dino} horror
[10:25] {bruce} that was a big move in rimm - wish I could read those
[10:27] {dino} aaon bstop to b/e
[10:27] {curtisweese} pulled another .50 on akam.....really moving today with those earnings
[10:28] {curtisweese} this will either be a big drop now or a big increase...heheheh...wish i knew which!
[10:28] {bruce} emkr short?
[10:28] {Chaeron} good morning all
[10:29] {Threei} not by me bruce
[10:29] {Threei} chaeron :)
[10:29] {magoo} hey chaer
[10:29] {curtisweese} in at .90 on akam again break 32...dangit...come on!!
[10:30] {dino} mwiv
[10:34] {Threei} ARMHY
[10:35] {Threei} 10:25am [ARM.UK] To show prototype of Google android phone at Mobile World Congress on Monday - wire citing sourcemore
[10:35] {bruce} hubg vad - any read?
[10:36] {Threei} I'd stay away
[10:37] {Threei} level 2 games without prints
[10:38] {bruce} k - thanx
[10:38] {dino} mwiv s .93, stop .31
[10:38] {dino} sm
[10:40] {Threei} getting ready for bounce
[10:40] {Threei} RIMM selloff under 84 for entry
[10:40] {magoo} what is?
[10:40] {magoo} ok
[10:40] {dptl} stopped vlnc
[10:40] {Threei} market
[10:40] {Threei} and its followers
[10:41] {dino} mwiv bstop to .16
[10:41] {Threei} in .99, stop .89
[10:42] {Threei} half out
[10:42] {Threei} .30
[10:43] {magoo} i caught .05
[10:44] {Threei} out in full
[10:45] {Threei} why did we cover RIGL at all yesterday
[10:45] {Threei} thing is bottomless
[10:47] {Threei} RIMM short closer to 84
[10:47] {dino} spwr rocking
[10:48] {dino} mksi
[10:48] {Threei} in .94
[10:48] {Threei} 84.10 stop
[10:48] {Threei} no worky
[10:49] {curtisweese} ouch :(
[10:49] {esemde} long POWI....01
[10:49] {dino} aaon won't move bstop to .35
[10:49] {curtisweese} heheh...wrong way!
[10:49] {Threei} ouch?
[10:49] {Threei} 17 cents stop on RIMM?
[10:49] {Threei} you are kidding me :)
[10:49] {curtisweese} lol....i like it when it goes the right way is all :()
[10:50] {Threei} don't we all
[10:50] {esemde} big spread risky....
[10:51] {dino} mksi sm s .56
[10:51] {esemde} no physical stop on this one although my stop is .75
[10:51] {esemde} opps may not have to use it
[10:53] {magoo} vad, read FSLR"
[10:53] {magoo} ?
[10:53] {Threei} yikes
[10:53] {dino} mwiv tighten to .03 not moving
[10:53] {esemde} Out POWI .30 +.29
[10:54] {Threei} AKAM
[10:54] {Threei} .50 long
[10:54] {esemde} i'll take that 1/2 lot thank you
[10:54] {curtisweese} i'm killing it on akam today too :)
[10:54] {Threei} .34 stop
[10:55] {dino} mksi bstop is .92
[10:55] {Threei} nice one ese
[10:56] {esemde} ya...look at that thing now....risky little thing
[10:56] {dino} aaon cov .35, +.20
[10:56] {curtisweese} akam out
[10:57] {dino} cov mwiv .53, +.40
[10:57] {curtisweese} sold half and then was stopped out
[10:58] {bruce} nice dino - I got o0ut at .69 for .25
[10:58] {esemde} Vad.....it would have been nice to play POWI on the pullback......I don't know where to feel comfortable on those type of entries...any suggestions
[10:58] {esemde} the pullback to 26 that is
[10:59] {Threei} not really my type ese
[10:59] {esemde} ya i figured
[11:00] {magoo} AKAM a mkt follower vad?
[11:01] {Threei} not today
[11:01] {magoo} i know reported
[11:01] {dino} gj bruce
[11:02] {dptl} still valid akam?
[11:02] {Threei} no
[11:02] {dptl} ok
[11:05] {dino} mksi slow bleed
[11:05] {dino} c'mon, just drop
[11:05] {bruce} crappy exit on my part dino - but thanx for alerting to it
[11:05] {bruce} jblu long vad?
[11:07] {dino} mksi toughy, tighten bstop to .72
[11:07] {bruce} damn - we missed spwr recovery today dino
[11:08] {dino} y, bummer
[11:09] {Threei} JBLU looks good, just don't want to jump in while market dropping
[11:10] {dino} ugh mwiv
[11:11] {bruce} yeah- that was our biuck in it
[11:12] {dino} trying to lock them in, in this market, hurts on the big slow ones
[11:13] {bruce} dv setting up short
[11:14] {curtisweese} what about akam?
[11:14] {curtisweese} for a short now?
[11:14] {dino} hmmm, did we already miss it
[11:15] {dino} dv i'm talking
[11:15] {Threei} rather bounce scalp now
[11:15] {Threei} AKAM
[11:16] {bruce} still room for it to drop imo dino
[11:16] {bruce} would liketo see it hit .50 to prove its going down
[11:16] {dino} ntri
[11:16] {dino} one more pop, then drop, imo
[11:17] {dino} mksi bstop to .64, won't budge
[11:18] {Threei} AAPL long small
[11:18] {Threei} stop under 119
[11:19] {bruce} vad - apol long
[11:20] {dino} dv bruce you had it, trust your gut
[11:21] {Threei} looks right on this pullback bruce, just let market show bounce
[11:21] {dino} calm
[11:23] {Threei} out AAPL..40
[11:24] {Threei} nice spike APOL
[11:24] {Threei} ugh, too soon on AAPL
[11:25] {dino} mksi bstop to b/e
[11:27] {Threei} RIMM long for bounce
[11:27] {Threei} close enough to 83 support for a tight stop
[11:27] {dino} mksi bstop to .35 tight
[11:29] {dino} mssi stopped .35, +.21
[11:30] {dino} calm l .13, stop .80
[11:30] {Threei} out RIMM .50
[11:30] {Threei} +.36
[11:30] {magoo} nice
[11:30] {magoo} keep reading it
[11:30] {dino} mmksi i mean above
[11:30] {dino} mksi, sheesh
[11:31] {dino} leap a bit of pain
[11:31] {Threei} 3 attempts is a norm dino
[11:31] {Threei} spelling wise I mean :)
[11:31] {dino} calm stop to .93
[11:34] {magoo} rimm again vad?/
[11:34] {dino} imo leap l .00 trig
[11:34] {Threei} no read here
[11:35] {magoo} shit..when i asked it was .40
[11:35] {magoo} lol
[11:35] {Threei} feels rather short to me
[11:35] {Threei} no specific entry yet
[11:36] {magoo} thoughts on VLNC? i still in it
[11:36] {dino} chnr
[11:36] {magoo} all day prisonber now
[11:36] {Threei} shh...
[11:37] {Threei} missed entry on RIMM
[11:37] {Threei} no thoughts on VLNC, either momo returns or it doesn't
[11:37] {Threei} it hit stop
[11:37] {magoo} yeah i know
[11:38] {Roman}
21 CHNR China Natl Resources Announces Formation of New Coal Mining Joint Venture in Guizhou Province, China (22.12 +1.16)
[11:38] {Threei} CPSL
[11:38] {Threei} no news
[11:39] {Roman}
21 long CPSL
[11:39] {Threei} or is it CHNR sympathy?
[11:39] {Roman}
21 moving with CHNR
[11:39] {Roman}
21 small
[11:39] {dino} labl
[11:40] {dino} chnr, new joint venture coal mining in china fwiw
[11:41] {Threei} read above dino :)
[11:41] {Threei} or alternatively... take Roman off ignore
[11:45] {dino} guess i should take rfr off ignore
[11:45] {dino} bustin' ya , didn't look
[11:45] {Roman}
21 it's all good
[11:47] * Threei slaps LaserDave1 around a bit with a large trout
[11:47] * magoo slaps LaserDave1 around a bit with a large trout
[11:48] {dino} shake 'n bake
[11:53] {Threei} RIMM long here with .29 stop
[11:54] {dino} leap l sm .85, stop .46
[11:54] {Threei} in
[11:54] {Threei} nope, not this time
[11:55] {Threei} or maybe
[11:55] {Threei} will depend on NQ holding 1740 or losing it
[11:56] {magoo} what entry u get?
[11:56] {Threei} .36
[11:56] {dino} calm stop to b/e
[11:56] {dptl} you still in it?
[11:56] {dptl} rimm?
[11:57] {Threei} yes, with such tight stop had a bit more room
[11:57] {dptl} o got out .28:(
[11:57] {Threei} where did you get it?
[11:57] {dptl} .40
[11:57] {Threei} then right exit
[11:59] {Threei} out
[11:59] {Threei} maybe too soon but kind of losing feel for the market here
[12:04] {dino} out leap .25,. +.40
[12:04] {Threei} AAPL long .50
[12:05] {Threei} stop under .30
[12:05] {Threei} invalidated
[12:05] {dino} out calm .48, +.35
[12:06] {dino} taking a break
[12:06] {dptl} cien short?
[12:06] {Threei} .20 if stays under .40
[12:06] {dptl} ok ty
[12:10] {Threei} if triggers from here, .31 stop
[12:11] {Threei} nice quick 1:1
[12:13] {esemde} POWI taking off......
[12:13] {Threei} dp, you did CIEN?
[12:14] {dptl} got only 100 sh......and didnt exit yet
[12:15] {Threei} sheesh... I made quick 100 bucks on YOUR find... and you missed fill
[12:15] {dptl} not my day today lots of mistakes
[12:16] {esemde} Cup and Handle on SOLF 1 min chart.....
[12:16] {esemde} am still in this one with my swing trade
[12:16] {Threei} yes ese... I just don't trust technicals on these stocks
[12:16] {Threei} thin solars I mean
[12:17] {esemde} very true.......
[12:18] {esemde} solars are iffy for sure right now....02 up .10 up .15 dn .11dn .08up......very non commital
[12:18] {Threei} Mitt Romney drops the race
[12:19] {magoo} who's that?
[12:19] {Threei} lol
[12:23] {dino} fwlt sm l .00
[12:24] {Threei} CIEN works again, dp
[12:25] {dptl} ye i see it but .....well you don't wanna know...lol
[12:26] {Threei} I think I can guess
[12:27] {dptl} i am just doing wierd things today
[12:27] {dptl} must be chinese new year
[12:27] {Threei} go for a 30 min walk, clear your head
[12:27] {Threei} we are in lunch time anyway
[12:31] {curtisweese} akam is confusing me now... :( up or down up or down
[12:31] {Threei} no idea
[12:31] {Threei} why do you keep focusing on a stock that lost rythm
[12:32] {curtisweese} i don't know :(
[12:32] {magoo} SPIKE vad in naz
[12:32] {Threei} it's not about always having a read on this or that stock
[12:32] {Threei} sometimes they allow for a relaible read and sometimes not
[12:32] {Threei} it's about finding one you can read
[12:33] {Threei} yes mags, feels like up is going to be a theme for a while
[12:33] {Threei} what I want now is:
[12:34] {Threei} pullback, return to the high of this spike and break as a confirmation,
[12:34] {Threei} meanwhile finding stock that follows nicely
[12:34] {magoo} see, i was thinking short scalp on a mkt follower on mkt pullbk
[12:34] {Threei} RIMM is your guy then
[12:35] {Threei} it's a little weaker than market
[12:35] {curtisweese} what is symbol for market chart ...lol
[12:35] {Threei} and close to nice juicy resistance
[12:35] {magoo} sh ./94
[12:36] {Threei} you have over 1:1 already
[12:36] {Threei} 1:2
[12:39] {magoo} im getting bad quotes INETB on it, arte U??
[12:40] {Threei} looks OK
[12:40] {dino} out fwlt .40, +.40
[12:40] {Threei} in RIMM long 85
[12:40] {magoo} do u have an offer at 84.53 stuck?
[12:40] {Threei} no
[12:41] {Threei} stop under .70
[12:41] {magoo} server?
[12:41] {Threei} 5
[12:41] {magoo} ty
[12:41] {Threei} come on NASDAQ
[12:41] {Threei} time for new highs
[12:43] {curtisweese} so you are buying rimm at 85 right?
[12:43] {curtisweese} if it hits
[12:43] {Threei} yes
[12:45] {esemde} wha..da ..ya..think today....bounce ala short covering...orpossible turn in direction
[12:45] {Threei} AAPL is long too with stop under 120.80
[12:45] {dino} overthinking
[12:46] {Threei} I have no idea ese... I just see market setting up for upward movement
[12:47] {dino} mksi hod
[12:47] {dino} s labl sm .97, stop .34
[12:48] {Threei} good boy AAPL
[12:49] {dptl} bad boy rimm
[12:49] {Threei} RIMM is useless piece of you know what
[12:49] {dino} indeed sir
[12:49] {Threei} well... at least at the moment, lol
[12:49] {magoo} u think aapl follows better?
[12:49] {Threei} it's stronger
[12:49] {dptl} still long jblu from .19
[12:49] {magoo} magoo kickin..pushing...pulling VLNC up
[12:50] {Threei} RIMM doesn't move in synch, needs more convincing
[12:50] {curtisweese} took .11 on Rimm before i got nervous
[12:51] {curtisweese} 85 to 85.11 ...i shouldn't have chickened out
[12:51] {Threei} new highs are coming
[12:51] {Threei} OK, out most AAPL +.70
[12:51] {Threei} keeping just a little bit for possible spike
[12:52] {Threei} see how RIMM lags?
[12:52] {dptl} look at that rimm...nothing but shake outs
[12:52] {Threei} told you, it's your guy for shorting if you wait for pullback
[12:54] {Threei} OK here comes market spike I was counting on
[12:54] {Threei} AAPL stop to under .50,
[12:54] {Threei} offering 122.10
[12:54] {Threei} out
[12:54] {magoo} nice
[12:54] {Threei} nice round +1
[12:55] {Threei} bruce... you can call this one not disgusting
[12:55] {Threei} pullback now, use RIMM if you want to short
[12:56] {magoo} sh rimm .39
[12:57] {bruce} nice one vad
[12:57] {magoo} now rimm poers up
[13:01] {dino} austin powers, i presume
[13:03] {magoo} my prob today vad...taking half lots....not evenb getting $100 bux...so no out..then reverses
[13:03] {magoo} like rimmsh here..only .70 bux
[13:04] {dino} maybe your entries suck, or your stock choices suck
[13:04] {magoo} NICE
[13:05] {magoo} waiting for your lecture, er, um advicede vad
[13:05] {dino} if i were vad, i'd say "play easier stocks"
[13:06] {Threei} they make big enough moves mags
[13:06] {Threei} if you go for a scalp, play enough shares
[13:06] {Threei} if go for a bigger move, what else can you do but set stop and wait
[13:08] {dino} labl....dieeeeeeeeeeeeeeeeeeeeeeeeee
[13:11] {magoo} gotcha
[13:15] {dino} labl spike rinse .40, -.43 sm
[13:17] {bruce} spwr short?
[13:17] {magoo} die RIMM DDDDDDIIIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
[13:17] {magoo} hey..it worked
[13:18] {Threei} there you go... found your recipe
[13:18] {magoo} i meant the russo death scream
[13:18] {Threei} yes
[13:19] {magoo} but yes..thank u,...on my earlier prob
[13:19] {magoo} smaller lot..hold it longer
[13:21] {Threei} little bounce, then new leg down
[13:22] {Threei} this should be about it
[13:23] {Threei} in RIMM short
[13:23] {Threei} stop .61
[13:25] {magoo} under 85?
[13:26] {dino} fwlt l .00
[13:26] {Threei} wow
[13:26] {Threei} stronger than expected
[13:26] {Chaeron} market helping
[13:27] * magoo slaps Chaeron around a bit with a large trout
[13:27] {magoo} WE ARE SHORT
[13:27] {Threei} were
[13:28] {Chaeron} well, I meant helping strength magoo, not helping us...
[13:28] {Threei} US SENATE HAS "ESSENTIALLY" REACHED DEAL ON ECONOMIC STIMULUS
[13:28] {Chaeron} dang market
[13:28] {Chaeron} dang Senate
[13:28] {Chaeron} dang Magoo
[13:32] {dino} lol
[13:37] {dino} out fwlt .24, +.24
[13:40] {dino} ttwo
[13:47] {curtisweese} grrr
[13:47] {dptl} ah nvda my girl...out .+28.....saved my day
[13:48] {dino} lol
[13:48] {Threei} wtg
[13:48] {dptl} lol
[13:48] {dino} good girl
[13:48] {dino} rick spike
[13:51] {dino} waiting for bartiromo to say short, then we know the bottom is in
[13:52] {dptl} lol
[13:53] {cosmo} she's short?
[13:54] {Chaeron} about 5'4"
[13:54] {dino} no, just last summer at the bottom, she was talking about having joe 6-pack start shortiong
[13:55] {cosmo} short coffee here...
[13:56] {Raven}
3 wide too
[13:56] {magoo} big butt bartiroma
[13:56] {Raven}
3 tasteless comment
[13:56] {cosmo} its cultural
[13:56] * Raven slaps magoo around a bit with a large trout
[13:56] {Raven}
3 lol
[13:57] {Raven}
3 nothing cultured about her
[13:57] {Threei} TTWO takeover rumors
[13:58] {Threei} ugh, not in short list
[14:00] {magoo} wheres the pullback?
[14:00] {magoo} mkt talkin bout
[14:00] {Threei} I don't think we are going to get any, ever
[14:00] {Threei} market is going up forever from now on
[14:01] {Chaeron} oh then it's too easy... I quit
[14:01] {Threei} yeah
[14:01] {Threei} argh TTWP
[14:01] {Threei} TTWO
[14:01] {Threei} {--- crying bitterly
[14:02] {Threei} was that short or was that short
[14:02] {cosmo} wide too
[14:05] {dino} cbey l .96 sm, stop .68
[14:07] {dino} axys spike, thin, wide
[14:08] {Threei} FED'S FISHER: CREDIT CRUNCH IS WORRISOME BUT MANAGEABLE; FED IS NOT 'BEHIND THE CURVE' - Q&A
- Not possible for US to control USD's value, market have 'massive mood swings', calls Fed Funds, currency markets 'manic depressive'
[14:08] {Threei} - Sees a couple quarters of growth under 1%
[14:08] {Threei} - Says inflation rates, expectations 'too high
[14:10] {cosmo} was that a learning curve?
[14:16] {dino} cbey stop to .79
[14:19] {Threei} this is interesting, last part:
[14:19] {Threei} FED'S FISHER: MUST BE CAREFUL NOT TO "JUICE UP" INFLATION, DISSENT WAS DIFFERENCE OF OPINION
- Global growth, commodity prices are "putting continued upward pressure on prices."
[14:19] {Threei} - Says need to "add just the right amount of stimulus."
[14:19] {Threei} - Notes dissent on Jan 30 was in part due to inflation, and supported all rate cuts prior to Jan Fed ease; Says he respects the majority decision on rate cut, but did not believe it was the "proper time" for another cut.
[14:20] {dino} cbey stopped -.17
[14:20] {Threei} - Notes he, Plosser not alone on Fed worrying inflation expecations too high
[14:20] {dino} mksi s .40
[14:29] {Threei} sharp selling RIMM
[14:29] {Threei} even though market looks like one more leg up is coming
[14:30] {dino} mkt going down imo
[14:31] {Threei} overall yes
[14:35] {Threei} this should be last bounce
[14:37] {Threei} REVIEW: DEC CONSUMER CREDIT DUE OUT AT 3PMET**consensus expectation: $7.4Be v prior $15.4B
[14:42] {dino} cover mksi .13 ave, +..27
[14:47] {Threei} US SENATE LEADERS ANNOUNCE DEAL ON $170B STIMULUS PLAN
[14:49] {magoo} .
[14:52] {magoo} what ya looking at vad?
[14:52] {Threei} RIMM... chickened out, ashorted at .50 and covered .35, just before the drop
[14:52] {Threei} mostly because numbers are in a few minutes
[14:52] {Threei} ugh
[14:52] {Threei} whimp
[14:53] {bruce} apol short?
[14:54] {Threei} numbers are in a few minutes
[14:57] {magoo} what numbers?
[14:57] {Threei} [14:37] {Threei} REVIEW: DEC CONSUMER CREDIT DUE OUT AT 3PMET**consensus expectation: $7.4Be v prior $15.4B
[15:00] {Threei} DEC CONSUMER CREDIT: 4.5B$ V $7.4BE- Prior revised from $15.4B to $
[15:00] {curtisweese} that's good? lol
[15:01] {Threei} market doesn't think so
[15:11] {dino} consumer is not spending
[15:11] {Threei} lazy bastard
[15:11] {magoo} vad, pull up qqq minute chartand rimm chart
[15:12] {Threei} ?
[15:14] {magoo} exact
[15:14] {dino} risky sm l de .18 wide
[15:14] {dino} watching fwlt
[15:16] {Threei} that should be it for bounce
[15:16] * Chaeron slaps LaserDave1 around a bit with a large trout
[15:17] {Threei} short RIMM .80
[15:17] {Threei} stop over 85
[15:17] {Threei} jeez
[15:18] {Threei} what's with excesses today
[15:18] {Threei} reshorted
[15:18] {Threei} die
[15:19] {dino} out de .58, +.40
[15:20] {Threei} out
[15:20] {Chaeron} oh geez
[15:20] {Threei} can't get in rythm
[15:20] {dino} relax bro
[15:20] {dino} try to have fun, all excess lately
[15:20] {Threei} try?
[15:20] {Threei} what to try, I always do
[15:21] {Threei} last attempt
[15:21] {dino} my bad
[15:22] {Threei} stop above .20
[15:22] {Threei} lol, does it hear me or what
[15:22] {Threei} finally
[15:23] {Threei} covered half .80
[15:23] {Threei} stop to .11
[15:23] {magoo} entry?
[15:23] {Threei} .05
[15:24] {magoo} cool
[15:25] {Threei} nope, not for the balnace
[15:26] {Threei} wanted selloff to .50 and lower
[15:28] {Threei} that's one crazy day
[15:28] {magoo} yeah, tiring
[15:28] {Threei} even though range is not as wide as we saw lately, action is
[15:29] {patience} not my type of market....just sitting and waiting
[15:30] {dino} :)
[15:34] {Threei} can you believe CSCO full recovery?
[15:37] {magoo} .
[15:38] {dino} ctrp sm l .60
[15:44] {dino} out ctrp .69, +.09
[15:45] {Threei} bruce
[15:45] {Threei} remember our morning exchange about GOLD?
[15:45] {Threei} look at its chart
[15:45] {Threei} does it make any sense to you?
[15:45] {dino} always picking on bruce, huh vad?
[15:45] {dino} :)
[15:45] {magoo} overall looks down
[15:46] {magoo} roflol
[15:46] {Threei} no, not always
[15:46] {Threei} look:
[15:46] * Threei slaps LaserDave1 around a bit with a large trout
[15:46] {dino} lol
[15:46] * magoo slaps LaserDave1 around a bit with a large trout
[15:48] {dino} stck a fork in me, i'm done. thanks. very good one
[15:48] {bruce} not really - but then _ can't really read rimm either
[15:48] {LaserDave1} whats the special occasion?
[15:49] {dino} mardi gras dave
[15:49] {Threei} RIMMat least has following with market
[15:49] {bruce} k
[15:49] {Threei} this thing is so out there
[15:49] {Threei} not with market, no sense in its own chart
[15:49] {magoo} problemis THE mkt...all over
[15:50] {Threei} [15:48] {LaserDave1} whats the special occasion? {--- pretty much you are dave
[15:50] {LaserDave1} why thank you
[15:50] {Threei} always
[15:51] {LaserDave1} you are the best
[15:52] {Threei} guys, don't want to drag anyone into overnight, but gotta lwet you know if I do
[15:52] {Threei} I guess
[15:53] {dino} fslr strange today
[15:53] {Threei} back in VLNC, intentd to sell tomorrow
[15:54] * magoo slaps Threei around a bit with a large trout
[15:54] {dptl} where did you get in?
[15:54] {Threei} right here
[15:54] {Threei} 2.05
[15:54] {dptl} ok
[15:54] {bruce} dave - are laser stops suppsed to work on nyse?
[15:54] {Threei} careful
[15:55] {Threei} big offer
[15:56] {magoo} bruce, u using hard stops now?
[15:56] {bruce} sometimes mags
[15:56] {dino} fwiw bruce, nyse hard stops always screw me
[15:56] {magoo} how they working?
[15:56] {bruce} espeiclaly if in more than one trade
[15:56] {bruce} laser stops don't always work
[15:56] {magoo} working well as a whole??
[15:57] {Threei} OMS module bruce?
[15:57] {bruce} just using the stop feature in level 2 vad
[15:57] {Threei} hmm
[15:57] {dptl} yes it's not always work
[15:57] {bruce} someimes they fire and somethimes they don't
[15:57] {Threei} that one is not reliable
[15:57] {Threei} use OMS module
[15:57] {bruce} k- have to look at it
[15:58] {bruce} thanx vad
[15:58] {magoo} i forget how use OMS module
[15:58] {bruce} will have to look into - haven't used it
[15:59] {Threei} click Add a new order button on it magoo
[15:59] {bruce} nice to have hard stop is stock moves fast
[15:59] {Threei} self-explanatory fro there
[15:59] {Threei} after order is shaped, click green arrow to start it
[15:59] {Threei} red square to stop it
[16:00] {Chaeron} DING DING DING...
[16:00] {Threei} thank you all
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {Threei} you too VLNC
[16:00] {dptl} have a good evening all
[16:00] {Threei} I don't think that offer was real
[16:07] {dino} gn all
[16:08] {bruce} night dino
[18:02] {curtisweese} good night!