Session Time: Tue Mar 18 00:00:00 2008
[08:34] {magoo{ morning
[08:35] {Threei{ Good morning guys
[08:36] {magoo{ hi vad: )
[08:36] {magoo{ mer and leh up big
[08:37] {Threei{ MF too
[08:37] {magoo{ forgot that one
[08:37] {magoo{ nice call on it
[08:37] {Threei{ and even JPM
[08:38] {Threei{ BSC not so much
[08:52] {Threei{ so LEH is fine if you believe the report
[08:52] {Threei{ REPORTS Q1 $0.81 V $0.72E, R $3.51B V $3.35BE
- Had liquidity pool of $34B
[08:52] {Threei{ - Has unencumbered assets of $64B
[08:52] {Threei{ - Q1 ROE 8.6% v 24.4% y/y
[08:52] {Threei{ - Q1 Pretax margin 18.9% v 33.7% y/y
[08:52] {Threei{ - Capital Markets reported net revenues of $1.7B -52%y/y.
[08:52] {Threei{ - Fixed Income Capital Markets reported net revenues of $262M, - 88% y/y
[08:52] {Threei{ - Investment Banking reported net revenues of $867M +2% y/y.
[08:52] {Threei{ - Investment Management reported record net revenues of $968M +39% y/y
[08:53] {Threei{ and GS is even finer
[08:53] {Threei{ REPORTS Q1 $3.23 V $2.58E, R $8.34B V $7.47BE
- Q1 Investment Banking revenue $1.7B, -31% y/y
[08:53] {Threei{ - Q1 Trading Revenues $5.12B, -46% y/y
[08:53] {Threei{ - Q1 AUM $873B, +21% y/y.
[08:53] {Threei{ - CEO states markets are "clearly very difficult" however conditions present "considerable opportunities."
[08:53] {Threei{ - Q1 $1B loss on non-investment-grade credit origination ($3B was rumored in the weekend press)
[08:54] {Threei{ MF says horrible things this morning:
[08:54] {Threei{ COMPANY REITERATES THAT ITS CAPITAL POSITION REMAINS STRONG, SAYS MARKET RUMORS ARE 'UNFOUNDED'
[08:54] {Threei{ rumors are unfounded = kiss of death {G{
[08:55] {Threei{ memories of BSC week-old similar claims immediately pop up
[08:58] {dptl{ good morning all
[08:58] {Threei{ dp :)
[09:00] {dino{ gm all
[09:03] {Threei{ dino :)
[09:07] {GeoArb{ good morning
[09:07] {Threei{ Geo :)
[09:08] {Threei{ everyone remembers we have Fed day?
[09:08] {dptl{ yhoo any news?
[09:09] {Threei{ yeah
[09:09] {magoo{ i feel the media is preaching unrealistic 1 point cut
[09:09] {Threei{ 08:32am [YHOO] Reaffirms Q1 and FY08 forecasts; Provides longer-term goalsmore.. - Yahoo!'s board of directors is continuing to evaluate all of its strategic alternatives to maximize value for Yahoo! stockholders. - Aims to "roughly double operating cash flow over the next three years from $1.9B to $3.7B" - Guides 2010 Revenues (ex-tac) at $8.8B
[09:09] {dptl{ ty
[09:10] {Threei{ mags... these days one can't really tell what's realistic and what isn't... borders between reality and fantasy all but disappear... we are in twilight zone :)
[09:10] {Threei{ whole BSC debacle is out of this universe for instance
[09:11] {magoo{ yeah..but market might be really disappointed with anything less
[09:14] {Threei{ market sets expectations, then trips over them
[09:14] {Threei{ like spoiled child
[09:15] {Threei{ "but I thought I was getting chocolate ice-cream??"
[09:17] {tomg{ gm all
[09:19] {esemde{ morning everyone...start today with an appology for not signing off yesterday.....went out to the links ....a brand new Jack Nicklas Course here "Bear Mountain"....shot 84
[09:19] {esemde{ tomg
[09:20] {Threei{ tom, ese :)
[09:20] {Threei{ I heard that's one nice course ese
[09:20] {esemde{ very nice....
[09:21] * bruce slaps esemde around a bit with a large trout
[09:21] {cosmo{ MDRX needs to hold 10.75 imo
[09:21] {esemde{ bruce....
[09:21] {bruce{ there - that'll teach you to have better manners
[09:21] {Threei{ maryaliceann, look dcc please
[09:21] {bruce{ hopeyou had fun ese
[09:21] {esemde{ forget 10.75 MDRX ...i need to hold 85 man!!!!
[09:22] {maryaliceann{ what is dcc?
[09:22] {esemde{ lots of fun....love that game
[09:22] {Threei{ private message
[09:22] {Threei{ doubleclick on my nick, you'll see it
[09:22] {bruce{ I generally shoot about 260 on a round of golf
[09:22] {Threei{ type in new window that will pop up
[09:23] {cosmo{ golf is dangerous ...for me, anyway
[09:23] {bruce{ golf is dangerous for people playong near me
[09:23] {Raven{
3 I got an "A" in golf in college
[09:23] {maryaliceann{ tnxk a mil vad, got it
[09:23] {Threei{ :)
[09:23] {cosmo{ i got a whelt
[09:23] {esemde{ MDRX does look good up 2pts.....
[09:23] {Raven{
3 have not touched a club since then
[09:24] {Raven{
3 welt ?
[09:24] {cosmo{ uh....yes
[09:24] {cosmo{ ouch
[09:24] {Raven{
3 sorry
[09:24] {cosmo{ many years ago
[09:24] {Threei{ if you observed AAPL at the open lately, it often makes wild swing into the low, pauses and jumps big back up
[09:24] {cosmo{ better now
[09:24] {dino{ nice 84 ese
[09:24] {Raven{
3 nice
[09:25] {cosmo{ never again tho
[09:25] {Threei{ having a strong opening, that could provide first quick morning scalp if materializes
[09:25] {bruce{ yes - seen that vad - and decided not worth trading
[09:25] {esemde{ tks dino.....was like sugical strike tough driving course
[09:25] {Threei{ I doubt there would be enouhg time to alert so watch it if that's a play to your liking
[09:26] {dino{ great bear is by me, played it a couple times, usually shhot around 88, it's a jack course too
[09:26] {ThurstonHowellTheThird{ gm all
[09:27] {bruce{ hey thtt
[09:27] {esemde{ THTT morning
[09:27] {esemde{ where is that course dino
[09:27] {Threei{ thtt :)
[09:28] {dino{ stroudsburg, pa (poconos)
[09:28] {esemde{ ahhhhh.....
[09:29] {Threei{ VISA IPO tomorrow if I am not mistaken
[09:29] {Threei{ that should be interesting
[09:29] {Threei{ biggest IPO in history they say
[09:29] {dino{ i have thursday vad
[09:29] {Threei{ and in financial sector, at time like this
[09:29] {esemde{ ya....charge your hares to ti......
[09:29] {cosmo{ MDRX
[09:29] {cosmo{ 11
[09:29] {esemde{ shares that is
[09:29] {Threei{ ty dino
[09:30] {esemde{ try that message again....charge your shares to it,,,,visa that is
[09:30] {Threei{ lol
[09:30] {dino{ "v"
[09:32] {bruce{ dino - strong possibility ofapol going long today
[09:32] {bruce{ apol
[09:32] {bruce{ theres the aapl break long vad
[09:33] {Threei{ one more spike, and should pull back
[09:34] {dino{ ok
[09:34] {cosmo{ ETFC hod
[09:34] {cosmo{ 3.5
[09:34] {Threei{ .90 loss is short if no break of 130
[09:34] {Threei{ but will break forst probably
[09:34] {dino{ fwlt off of 56, imo
[09:34] {bruce{ vrsn possible longsetup vad
[09:35] {Threei{ stop above 130
[09:35] {magoo{ in
[09:35] {magoo{ out .70 TY
[09:35] {Threei{ welcome
[09:35] {magoo{ easy button
[09:36] {bruce{ l apol 54.23 stop .15
[09:37] {Threei{ out .55
[09:37] {magoo{ nice..er
[09:37] {esemde{ AINV long 1/2 lot 115.65
[09:37] {GeoArb{ slow..
[09:37] {GeoArb{ .35 TY
[09:37] {esemde{ thats 15.65
[09:37] {esemde{ agressive entry
[09:38] {bruce{ stopped apol
[09:38] {esemde{ stop .50
[09:39] {Chaeron{ gm all
[09:39] {Threei{ chaeron :)
[09:40] {magoo{ CHAER : )
[09:40] {Threei{ 101 break short RIMM, small
[09:40] {magoo{ laserr says not avail??????
[09:41] {magoo{ wghat about u vad???
[09:41] {Threei{ same
[09:41] {magoo{ stranbge...in strange times
[09:42] {GeoArb{ is there a message?
[09:42] {GeoArb{ as i dont have it
[09:42] {tomg{ where do you see it on Laser? whether short is available or not
[09:42] {magoo{ u watching LEH at all? magoio is
[09:42] {Threei{ when you send short order
[09:42] {tomg{ ah, ok, ty
[09:42] {GeoArb{ yup
[09:42] {GeoArb{ doesnt work
[09:42] {Threei{ in activity log you get alert if stock is not in a short list
[09:43] {Threei{ aah OK{ message from admin now
[09:43] {Chaeron{ 06:42:41 ADMIN14 --{ (All): We are aware of the issue with shorting OTC and ETFs. We are currently working on it. This issue should be resolved shortly.
[09:43] {GeoArb{ only mentions OTC and ETFs
[09:43] {Threei{ they are working on it
[09:43] {Threei{ OTC is NASDAQ
[09:43] {GeoArb{ ty
[09:44] {Threei{ Over The Counter
[09:44] {Threei{ AAPL was shortable though
[09:44] {magoo{ yep
[09:45] {magoo{ aapl strong
[09:45] {bruce{ sds possible long dino
[09:46] {Threei{ MLNM interesting
[09:46] {dino{ proshares ultrashort
[09:50] {dino{ aet l .50, stop .19
[09:52] {bruce{ thoughts on aapl long play vad?
[09:52] {Threei{ CSIQ 19 long half lot
[09:52] {bruce{ range is pretty nasty
[09:52] {Threei{ .85 stop
[09:52] {dino{ aet stopped -.31
[09:53] {Threei{ not sure here bruce
[09:53] {Threei{ want to see nice juicy drop first
[09:54] {bruce{ k
[09:54] {Threei{ like this
[09:54] {bruce{ wow - nasty aapl shake
[09:55] {Threei{ in .29
[09:55] {Threei{ stop .19
[09:56] {Threei{ out +.40
[09:57] {bruce{ nice trade vad
[09:57] {bruce{ that aapl is one nasty stock
[09:57] {esemde{ OUT ANIV... .62 - .03
[09:57] {Threei{ RIMM short is available again
[09:58] {esemde{ not sure of it's direction now
[09:58] {bruce{ so the play for you was long on strngth with finger on exit immediately if it didn't continue long?
[09:58] {Threei{ on AAPL? it's always like this with these supervolatile ones
[09:59] {Threei{ RIMM .50 break short with stop above .70
[09:59] {bruce{ k - I don't like aapl first thing - pretty much always get stopped in it
[10:00] {Threei{ invalidated
[10:00] {cosmo{ csiq
[10:00] {Threei{ BRCM long .13
[10:00] {Threei{ .99 stop
[10:01] {magoo{ in
[10:02] {dino{ apol sm l .50
[10:03] {bruce{ gutsy dino - I wouldn't try long here in apol
[10:04] {dino{ shfl
[10:07] {esemde{ short QID 54.23
[10:08] {esemde{ 1/2 lot
[10:09] {dino{ apol stop to .90
[10:09] {dino{ :)
[10:09] {dino{ out .91 +.41
[10:10] {bruce{ congrats dino
[10:10] {Threei{ market collapse in a graphic form:
[10:10] {bruce{ long on a spike like that - good read
[10:10] {Threei{ http://img215.imageshack.us/img215/9470/techfl5.gif
[10:10] {dino{ lucky
[10:10] {dino{ gut feel down hard yesterday
[10:10] {esemde{ ARGH......OUT .21 +.02 hmmmm
[10:11] {bruce{ fmcn possible long dino - volatile
[10:11] {Chaeron{ Vad - lol
[10:11] {esemde{ doesn't work like a stock for sure
[10:11] {dino{ yes, i missed it at 34.25
[10:11] {bruce{ agreed - thought it would go long and tried earlier
[10:11] {dino{ down 8 or 9 yesterday
[10:13] {dino{ 34.75 area?
[10:14] {bruce{ yes - looks like good try about there to me dino
[10:16] {bruce{ if it breaks 36 we could possibly try long there w stop to .78
[10:16] {dino{ tmx rollingover
[10:17] {dino{ s .50, stop .71
[10:20] {Threei{ ADMIN14 --{ (All): The issue regarding the short list has been resolved
[10:21] {Threei{ MER half lot short 43 break if stays under .20
[10:22] {Threei{ 1:1 MER
[10:23] {Threei{ 1;2, me out
[10:23] {magoo{ cover .61 TY
[10:23] {Threei{ welcome sir
[10:24] {Threei{ that was easy
[10:24] {Chaeron{ MER in .99 out .57 + .42 ... muchas thanks Vad
[10:25] {dino{ pery s .67, stop .01
[10:25] {dptl{ mer +.21 ty
[10:28] {Threei{ welcome guys
[10:29] {Threei{ BRCM stop to .04
[10:31] {Threei{ BSC...
[10:31] {Threei{ interesting things happen
[10:31] {curtisweese{ s aapl 129.34
[10:31] {curtisweese{ or not!
[10:32] {GeoArb{ they just claimed ther value is 22
[10:32] {Threei{ and working on blocking the buyout
[10:33] {curtisweese{ out aapl short +.10
[10:35] {curtisweese{ l aapl 129.24
[10:36] {curtisweese{ out aapl +.15
[10:37] {curtisweese{ s aapl 129.50
[10:37] {curtisweese{ out -.07
[10:39] {Threei{ RIMM 102 brealk long
[10:39] {magoo{ feels 130+ coming aapl
[10:39] {magoo{ in off .50
[10:40] {Threei{ aggressive entry here RIMM with stop under .70
[10:40] {Threei{ .81 trigger
[10:41] {Threei{ if you took it aggressively, look to exit half around 102 and keep half for break
[10:42] {Chaeron{ in .79
[10:43] {dino{ pery stopped -.35
[10:43] {magoo{ i took .79 vad
[10:43] {Threei{ you already have over 1:1, lol
[10:43] {Threei{ beauty of aggressive entries
[10:44] {curtisweese{ l aapl 129.74
[10:44] {Threei{ NASDAQ looks breaky
[10:44] {Chaeron{ just to make sure... breaky down or breaky up?
[10:45] {Threei{ no workty
[10:46] {Chaeron{ stopped .69
[10:47] {magoo{ thoughts BRCM vad?
[10:48] {dino{ tmx stopped -.05
[10:48] {Threei{ no thoughts
[10:48] {Threei{ it works or it doesn't
[10:48] {Threei{ .04 stop
[10:48] {bruce{ still in tmx dino moved stop to .6
[10:48] {Threei{ shakeout RIMM...
[10:49] {curtisweese{ out aapl +.14
[10:50] {curtisweese{ s aapl tight stop!!!
[10:51] {Threei{ BSC going back to 60?
[10:52] {dino{ fmcn l .75
[10:53] {curtisweese{ out -.08
[10:53] {Threei{ jeez
[10:53] {Threei{ MF
[10:53] {Threei{ .50 break long half lot
[10:54] {Threei{ .29 stop
[10:54] {dino{ stop to .17
[10:54] {dino{ out, +.42
[10:55] {dino{ too tight
[10:55] {Threei{ stopped
[10:55] {Chaeron{ -.27 on MF
[10:55] {curtisweese{ s aapl
[10:55] {curtisweese{ 129.70
[10:57] {judi{ Judi and Jim signing on Good Morning, we took RIMM at 102 ty
[10:58] {Threei{ judi :)
[10:58] {bruce{ nice play fmcn for you dino - got stopped twice in it
[10:59] {curtisweese{ out aapl short +.24
[11:00] {esemde{ judi judi judi.....!!!!
[11:00] {curtisweese{ L aapl 129.50
[11:00] {curtisweese{ tight stop!
[11:01] {curtisweese{ handle of the cup ;)
[11:01] {tomg{ ignore feature is useful
[11:02] {ThurstonHowellTheThird{ does it work tomg?
[11:02] {GeoArb{ heh tomg ... i read the help on it
[11:02] {tomg{ yep
[11:02] {tomg{ right click on nick
[11:02] {Threei{ of course Geo, why do you think magoo never pays any attention to me
[11:02] {tomg{ control/ignore
[11:02] {ThurstonHowellTheThird{ thx a million tomg :)
[11:02] {tomg{ welcome:)
[11:03] {Threei{ solf
[11:03] {tomg{ ty rimm vad
[11:03] {Threei{ welcome tom
[11:05] {Threei{ I have to leave for 30-40 min guys, driving guest to airport
[11:05] {Threei{ poor thing goes back to frozen snowy Toronto
[11:05] {Chaeron{ drive safe
[11:06] {Threei{ don't corner all cotton there is
[11:06] {Chaeron{ cotton futs are risky :)
[11:07] {curtisweese{ out aapl +.30
[11:07] {curtisweese{ darn...way too early
[11:08] {bruce{ fwlt long dino?
[11:11] {Chaeron{ PZZA - CEO: PIZZA INDUSTRY STRUGGLING MORE NOW THAN AT START OF THE YEAR
[11:15] {curtisweese{ s aapl 129.57
[11:16] {dino{ ultr s .24, stop .51
[11:16] {dino{ fwlt dk
[11:17] {bruce{ k dino
[11:20] {dino{ thing should be 60, but trades hard
[11:20] {dino{ and there it goes
[11:21] {curtisweese{ out aapl short +.30
[11:22] {dino{ fmcn l .75
[11:22] {curtisweese{ l aapl 129.39
[11:22] {curtisweese{ tight stop!
[11:22] {curtisweese{ scalp on this one
[11:23] {curtisweese{ out +.20
[11:23] {curtisweese{ timed that one perfect
[11:24] {dino{ hod dji
[11:27] {magoo{ any one else held hostafge with me?
[11:27] {ThurstonHowellTheThird{ brcm?
[11:27] {magoo{ yep
[11:27] {dptl{ me
[11:27] {ThurstonHowellTheThird{ yep
[11:28] {ThurstonHowellTheThird{ setting oms (stop module)
[11:32] {bruce{ ibkr looks longon break of 26.50
[11:33] {curtisweese{ l aapl 129.88
[11:33] {curtisweese{ tight stop...might drop fast here
[11:34] {curtisweese{ not looking good :(
[11:35] {dino{ good chart
[11:35] {dino{ ibkr
[11:36] {bruce{ yes - watching it dino - tricky - may retreace to near 36 imo
[11:36] {bruce{ 26 rather
[11:37] {dino{ or both, lol
[11:38] {bruce{ lol
[11:38] {bruce{ I like it - but jerky trader
[11:39] {bruce{ thoughts on entry?
[11:40] {ThurstonHowellTheThird{ in IBKR 26.01 stop under 25.99 ?
[11:40] {dino{ fmcn stop to .99
[11:40] {curtisweese{ come on aapl!!!
[11:41] {dino{ stopped +.24
[11:42] {curtisweese{ out on aapl +.12
[11:42] {dino{ nnds
[11:43] {curtisweese{ sheesh aapl is either a big short here or a big long.... i don't know which
[11:45] {curtisweese{ l aapl
[11:48] {curtisweese{ 130.10 entry for me tight stop .....scalp i guess if i can get it
[11:49] {curtisweese{ out aapl +.18
[11:49] {dino{ xrtx
[11:52] {Threei{ back
[11:52] {Chaeron{ BSC tried to run without you
[11:52] {Threei{ tried?
[11:52] {Threei{ looks like it succeeded :)
[11:53] {GeoArb{ somethign about bondholders buying bsc so that they can vote for the buyout
[11:53] {dino{ fmcn fast drop
[11:56] {bruce{ fmcn looks to have support near 35 - watching to see if holds
[11:56] {Threei{ ese, you in AINV still?
[11:57] {curtisweese{ s aapl.....risky 129.85 i think we get a market drop here.....my opinion only :)
[11:58] {curtisweese{ out aapl short $.20!
[11:59] {curtisweese{ out way too early on that one
[12:00] {curtisweese{ l aapl `129.49
[12:01] {bruce{ add artc to watch dino
[12:01] {dino{ ok
[12:03] {curtisweese{ vad, aapl? i'm in at 129.49....your thoughts? looks like a .40 to me if i don't stop out?
[12:04] {curtisweese{ stop city coming
[12:04] {Threei{ stop under .30?
[12:04] {curtisweese{ .25
[12:04] {Threei{ don't overthing it
[12:04] {Threei{ let it trade and tell you what it's going to be
[12:04] {Threei{ profit - fine, loss- whatever
[12:05] {bruce{ trying artc long
[12:06] {dino{ not enough imo
[12:07] {curtisweese{ here we go.....come on!!!
[12:08] {curtisweese{ out aapl made .14
[12:09] {Threei{ 102 break tempting short RIMM
[12:09] {Threei{ so far resistace .25
[12:09] {Threei{ maybe forms something closer for tighter stop
[12:10] {curtisweese{ s aaapl 129.71
[12:10] {bruce{ took your advice - out artc flat
[12:10] {dino{ trust your gut, not mine
[12:12] {curtisweese{ out aapl short made .11
[12:14] {dino{ sm l fmcn .97, wide
[12:16] {curtisweese{ i made my goal but don't want to leave :(
[12:17] {bruce{ emkr dino
[12:19] {dino{ whats your goal curtis
[12:20] {curtisweese{ $500
[12:20] {dino{ gj
[12:21] {dino{ take a break
[12:21] {curtisweese{ i need to go to my real job....hehehe
[12:21] {dino{ emkr off of .50?
[12:21] {curtisweese{ aapl at day high....looking to short one time
[12:21] {Threei{ BSC making me seasick
[12:22] {Threei{ EMKR HEARING DEFENDED AT JEFFERIES
[12:23] {bruce{ I'd like to see a small pullback dino
[12:23] {dino{ you're tough to please...:)
[12:24] {bruce{ lol - just try to keep stops small - lloks good as long candidate
[12:25] {bruce{ fading a bit - want to see .18 hold in it
[12:26] {dino{ l here, w/stop lod
[12:27] {bruce{ l now at .43 stop .18
[12:29] {dino{ having alot of rtouble w/.50
[12:32] {bruce{ my target 7.8dino
[12:35] {curtisweese{ market up or down from here?
[12:35] {Threei{ got a coin handy?
[12:35] {Threei{ BRCM over 1:1
[12:36] {curtisweese{ s aapl gonna go for it
[12:36] {Threei{ I am out +.14
[12:36] {curtisweese{ missed my entry...grrrrrr
[12:36] {Threei{ now, fess up you whiners... who gave up and abandoned BRCM?
[12:37] {magoo{ I HATE THOSE
[12:37] {magoo{ left @ .06 for LOSS
[12:37] {Threei{ I'll never understand it :)
[12:38] {magoo{ out EMKR @ .74
[12:38] {curtisweese{ s aapl 130.17
[12:39] {Threei{ stop trailed to .04, stock is slow, ssfe, thick enough to not make you watch it tick by tick... why not set stop and go about other business
[12:39] {curtisweese{ out....too scary... -.02 lol
[12:40] {dptl{ out brcm+.20 about time ty
[12:40] {Threei{ whew
[12:40] {dptl{ yeah
[12:40] {Threei{ someone managed to profit from it
[12:40] {dptl{ patience patience:)
[12:42] {bruce{ nice mags
[12:42] {magoo{ your call and dino, went w/ya
[12:42] {Threei{ magoo... dp will lecture you about patience as a virtue today after hours
[12:43] {bruce{ I didn't play it well - dumped at .60 on retrade - should have tken your exit or held
[12:44] {magoo{ i know boss...:) actually, i was in it for hours
[12:44] {magoo{ thought patience was good
[12:46] {dino{ emkr stop to .47
[12:48] {dino{ emkr out +.07\
[12:49] {curtisweese{ s aapl 130.64
[12:50] {bruce{ k dino - glad it was + for you
[12:50] {bruce{ still potential for another run if these retrace levels hold
[12:53] {curtisweese{ out on short made .08 only :(
[12:54] {Threei{ poor thing
[12:54] {Threei{ my heart goes out to you
[12:55] {curtisweese{ :P
[12:56] {curtisweese{ l aapl then! 130.85
[12:58] {curtisweese{ out -.04
[13:00] {Threei{ 7.11 long BSC
[13:00] {Threei{ 6.99 stop
[13:01] {magoo{ in
[13:05] {magoo{ rimm long vad?
[13:05] {Threei{ on .50 break?
[13:06] {Threei{ looks promising
[13:06] {magoo{ yeah w/mkt help
[13:06] {Chaeron{ I get in and BSC goes sideways for first itme
[13:07] {Threei{ if it works, .30 - .50 should be reachable
[13:07] {Threei{ it doesn't, 12 cents stop
[13:07] {Threei{ {shrug{
[13:10] {magoo{ bsc stopped
[13:10] {dino{ out fmcn .37, +.40
[13:11] {Threei{ Fed day is tougher than last week or tweo
[13:11] {Threei{ let's ee if RIMM works
[13:11] {Chaeron{ in
[13:11] {Chaeron{ .51
[13:12] {dino{ ultr cov .10, +.14, all dayyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy
[13:12] {Threei{ lol
[13:12] {curtisweese{ bsc running...jeez
[13:12] {magoo{ RIMM lagging aapl
[13:14] * Threei kicks RIMM in the rear with heavy duty steel-toed army boots
[13:15] {Threei{ half out RIMM +.21
[13:16] {Threei{ stop .45 for the balance
[13:16] {magoo{ out .87 here
[13:16] {magoo{ TY
[13:16] {Threei{ what ty... your find, lol
[13:17] {magoo{ just for being u...: )
[13:17] {Threei{ out 1/4 more +.40
[13:17] {Threei{ for kicking RIMM in the rear... I got it
[13:17] {Chaeron{ out in full 0.87 +.36
[13:17] {Chaeron{ thanks again Vad
[13:18] {Threei{ 1 hour till fed
[13:20] {bruce{ fmcn looks long again dino
[13:20] {dino{ y
[13:21] {bruce{ nervous about trading it - stopped twice
[13:21] {bruce{ good chance for bounce ner 35 imo
[13:22] {Threei{ stop to .65 last porftion RIMM
[13:23] {Threei{ no way I am holding anything but sandwich when Fed come out with 2% rate hike
[13:24] {bruce{ lol - you think bernanke has a mean streak?
[13:25] {Threei{ I think he doesn't care... he is going to be eaten alive and he knows that :)
[13:26] {magoo{ i have apptmt..have to leave soon..will not be back..THANX everybody
[13:26] {Threei{ uh oh
[13:26] {Threei{ we are in troubles
[13:26] {Threei{ voulme in the market dries up greatlty every time magoo leaves
[13:27] {bruce{ take care mags
[13:27] {Threei{ lum is not here, and if curtis goes away for the day, market is toast
[13:27] {curtisweese{ s aapl 131.24
[13:28] {curtisweese{ out made .12
[13:30] {curtisweese{ think market will sell of in front of fed
[13:34] {curtisweese{ s aapl 131.16
[13:35] {dptl{ usu?
[13:37] {Threei{ what do you see in USU dp?
[13:37] {Threei{ so narrow... not sure it can do anything
[13:38] {dptl{ type 1 scalp ma ybe big offer .71
[13:38] {bruce{ vad reqad on pcar as long?
[13:39] {curtisweese{ out aapl short made .30
[13:39] {dptl{ i am just bored waiting for fed .....can't find popcorn ...damn
[13:40] {Threei{ .05 for a scalp maybe bruce
[13:42] {bruce{ k- you don't sound too confident - passing on it
[13:42] {Threei{ yeah, kind of meh trade
[13:42] {curtisweese{ s aapl 131.10
[13:42] {Threei{ can take, can ignore, depneding on degree of boredom
[13:46] {bruce{ lol - boredom tradingis for curtis
[13:46] {dino{ lol
[13:49] {Threei{ PREVIEW: FOMC RATE DECISION DUE OUT AT ABOUT 2:15PM
**consensus expectation is for a 75 bps cut to 2.25%, though economists are about evenly split on expectations for 50, 75 and 100 bps. Most of the recent revisions to estimates have been favoring a 100 bps cut.
[13:49] {Threei{ - Some analysts are calling for a 50 bps cut today, massaged by a discussion of all the other extraordinary actions the Fed has taken to support the functioning of the credit markets. Some speculate the FOMC could even stipulate that it will hold an intra meeting policy review between now and May 9th meeting, to emphasize 'it will act in a timely manner', while blunting the perception that further intra-meeting moves are emergency actions.
[13:53] {curtisweese{ out lost .08
[13:53] {Threei{ curtis... too close to fed time now, keep powder dry
[13:54] {curtisweese{ you got it!
[13:54] {curtisweese{ we going to have a short or long ready once fed makes announcement?
[13:54] {Threei{ GGP
[13:54] {Threei{ UPDATE: CORPORATE CREDIT RATING CUT TO JUNK AT S&P ; AFFECTS ABOUT $5B OF DEBT
[13:55] {bruce{ nice long action in apol tady dino
[13:55] {bruce{ was hared to peg entreis though
[13:57] {Threei{ shirted a bit GGP, covered +.30... tough player
[13:57] {dino{ y
[13:57] {curtisweese{ i think market tanks after fed....priced in 100 pts already....market drops.....anything less and market gets nervous and drops....your thoughts?
[13:58] {Threei{ it sounds logical
[13:58] {Threei{ I just don't know how much logic applies in such nervous times
[13:58] {curtisweese{ i'm going to have aapl or rimm short ready i guess
[13:59] {Threei{ just don't chase too far, and remember how volatile they get after Fed decision
[13:59] {Threei{ countermoves come quickly and are very violent
[13:59] {Threei{ cut donw size
[14:00] {curtisweese{ he will prolly cut it 1.25 just to mess with me
[14:00] {Threei{ I am all for rate hike
[14:04] {curtisweese{ s aapl 130.92
[14:05] {curtisweese{ out made .24
[14:06] {dino{ tleo
[14:06] {curtisweese{ knew it would sell of....too early exit
[14:06] {curtisweese{ or maybe not!
[14:07] {dino{ emkr ouch
[14:07] {curtisweese{ s aapl 130.80
[14:07] {curtisweese{ omg!
[14:08] {curtisweese{ out made .40
[14:08] {curtisweese{ wow
[14:10] {curtisweese{ 1 more time s aapl 130.57
[14:11] {curtisweese{ out made .11
[14:11] {curtisweese{ ok that's it......
[14:11] {Threei{ ah come on, 4 more min
[14:11] {Threei{ you can make 8 more trades
[14:11] {dptl{ lol
[14:11] {curtisweese{ hahahah
[14:12] {curtisweese{ i almost went long right there, but reason reared its ugly head
[14:12] {bruce{ what prmpted second short at .80 curtis? - wprked great but I don't see any reason for that entry
[14:13] {Threei{ itching finger? :)
[14:13] {curtisweese{ i believed that it would sell off, so just shorted and got out and went it went back up from people buying at dip, i shorted again...just looking for scalps
[14:13] {curtisweese{ luckily i got out before a 4th one as buyers came back in
[14:13] {Threei{ 2 min
[14:14] {bruce{ k- thought so -
[14:14] {curtisweese{ i'd say short here too....lol 130.82 with a tight stop finger ready
[14:14] {Threei{ 1 min
[14:14] {bruce{ glad it worked
[14:14] {Threei{ *FOMC CUTS TARGET RATE 75 BPS TO 2.25%
[14:14] {dino{ .75
[14:15] {bruce{ k
[14:15] {bruce{ big cut
[14:15] {curtisweese{ s aapl DARN!!! didn't get my fill
[14:15] {Threei{ OUTLOOK FOR ECONOMIC ACTIVITY HAS WEAKENED FURTHER
- Vote 8-2, Fisher, Plosser dissented
[14:15] {Threei{ - Financial markets are under considerable stress
[14:16] {dino{ tleo
[14:17] {curtisweese{ ouch...that sucked....hit short and missed my fill by .01 cuz it dropped sooooo fast.....would have had almost $1
[14:17] {curtisweese{ but didn't lose money, so i'm happy
[14:18] {judi{ we made +.66 short out before bounce on rimm///TY done for day
[14:18] {Threei{ good job judi
[14:19] {Threei{ wow
[14:19] {curtisweese{ wow ...market doesn't know what to do
[14:19] {Threei{ huge bounce RIMM
[14:19] {Threei{ [13:59] {Threei{ countermoves come quickly and are very violent
[14:22] {Threei{ Says uncertainty on inflation outlook as increased, indicators of inflation expectations have risen and will monitor inflation developments carefully, expects inflation to moderate in coming quarters
[14:22] {Threei{ - Says Labor markets have softened, and Fed will act in timely manner to promote growth, price stability
[14:22] {Chaeron{ key word - violent :)
[14:23] {curtisweese{ s aapl 131.04
[14:23] {curtisweese{ out made .34
[14:24] {curtisweese{ so much more there, but it is moving too fast to count on
[14:25] {Threei{ sit it out
[14:25] {curtisweese{ i'm out now
[14:28] {bruce{ whatever works vad - if he can trade that stuff and make money then so be it - curtis seems to have a tlanet for those volatility plays
[14:28] {curtisweese{ luck
[14:28] {curtisweese{ learning while gambling basically...lol
[14:29] {curtisweese{ l aapl 129.89
[14:30] {curtisweese{ out lost .06
[14:30] {curtisweese{ too scary
[14:31] {curtisweese{ crap....a second too early
[14:31] {dino{ tleo s .80 sm
[14:32] {bruce{ q's at lod
[14:32] {curtisweese{ s aapl 129.54
[14:33] {curtisweese{ out!
[14:33] {curtisweese{ made .40!!!
[14:33] {curtisweese{ wow...got out at .14...that is lowest i see
[14:36] {curtisweese{ s aapl 129.70
[14:37] {bruce{ long bounce near imo
[14:37] {curtisweese{ out
[14:37] {curtisweese{ made .29!
[14:38] {curtisweese{ okay, i really have to go now. bye everyone i'm learning slowly
[14:38] {Threei{ take care curtis, good job
[14:38] {bruce{ bye curtis - congrats
[14:39] {dino{ clda
[14:39] {curtisweese{ thanks! i made 3 times my amount...even when I accidentally bought 20000 shares of bsc instead of 2000 and it went down before i could bail :( I've never been so scared
[14:39] {curtisweese{ i think i pooped my pants a little on that one
[14:40] {dino{ gotta hop, hard bstop tleo .71, back at 3:10
[14:40] {bruce{ geez
[14:41] {curtisweese{ s aapl one more time 130.25
[14:41] {curtisweese{ omg...out! made .28!
[14:41] {curtisweese{ i am on fire
[14:42] {bruce{ thought you were referring to leaving when you said gotta go dcurtis
[14:42] {curtisweese{ i barely have time to type it before i get out....lol
[14:42] {curtisweese{ okay okay
[14:42] {bruce{ teasing
[14:43] {curtisweese{ man it looks like another aapl short here.....i wo't do it...leaving...take care everyone
[14:49] {Threei{ state of total and absolute confusion in the market, lol
[14:56] {Threei{ exit doors for shorts are getting crowded
[14:58] {bruce{ bsc long break try vad?
[14:58] {Threei{ it doesan't follow the market
[14:59] {Threei{ its own chart looks right
[14:59] {Threei{ if holding above .35
[14:59] {bruce{ whats your feel - thinking .53 break w 13stop
[14:59] {bruce{ k
[15:05] {Threei{ FBI OFFICIAL: MORTGAGE PROBE NOW INTO 17 COMPANIES, UP FROM 16, MAINLY BIG FIRMS - OFFICIAL COMMENTS
- Declines to comment to on whether Bear Sterns collapse a focus of a probe
[15:05] {Threei{ - US mortgage probe could take years to resolve
[15:05] {Threei{ - All phases of securitazation process being examined in mortgage probe
[15:07] {Threei{ why when looking at this market I see cosmo kramer
[15:07] {Threei{ giddy-up!
[15:07] {Threei{ was there any single analyst who would have predicted such rally after .75 cut?
[15:11] {dino{ no and they all said less than 1, drop
[15:11] {dino{ back, tleo stopped flat
[15:11] {dino{ and now it works
[15:11] {Threei{ wow... MLCO lost it
[15:11] {Threei{ I tried to scalp LEH breask of 45
[15:11] {Threei{ trade was questionable, decided not to call it
[15:12] {Threei{ got 45.08 long
[15:12] {Threei{ send sell 45.35 when it spiked
[15:12] {Threei{ MLCO filled me at 45.45
[15:12] {Chaeron{ It's that Nigerian fund account you have there... they like you
[15:12] {Threei{ lol
[15:13] {Threei{ I don't even see it on chart, high is shown as 44.44, and highest I saw on quotes was .38
[15:13] {Threei{ not that I complain, mind you
[15:14] {Chaeron{ naaaa. just like Hillary's futures account... gave her prices that never were there :)
[15:16] {Threei{ do we have more fuelk or not
[15:16] {Threei{ AAPL looks like long with stop under .50
[15:17] {Threei{ but the odds in this kind of market are impossible to estimate
[15:17] {Threei{ pulled back right into support
[15:17] {Threei{ anyone grabbed it?
[15:17] {hawkfan4{ got .54
[15:17] {Threei{ half out
[15:18] {hawkfan4{ 1/2 out
[15:18] {Threei{ and let's see what happens
[15:18] {Threei{ your stop is negligible
[15:18] {Threei{ quite worthy trade in my book
[15:18] {Threei{ good reflexes btw
[15:18] {hawkfan4{ :)
[15:18] {Threei{ you got on exit something like .80?
[15:19] {hawkfan4{ .77
[15:19] {Threei{ beautiful trade
[15:19] {hawkfan4{ stop .48 on the rest
[15:19] {Threei{ magoo, lumdus and curtis would have been proud of us
[15:20] {dino{ gj
[15:20] {Threei{ 132.15 my dream exit
[15:22] {Threei{ out
[15:22] {Threei{ 1 cemnt under the high of spike
[15:23] {Threei{ ask me how I picked it
[15:23] {ThurstonHowellTheThird{ how?
[15:23] {Threei{ I have no idea
[15:23] {ThurstonHowellTheThird{ lol
[15:23] {Threei{ out hawk?
[15:23] {hawkfan4{ out .16 :)
[15:23] {Threei{ beautiful
[15:24] {bruce{ thoughts on klac long vad?
[15:24] {bruce{ drat - we missed second long move emkr dino
[15:24] {Threei{ not sure bruce
[15:24] {bruce{ k - thanx vad
[15:24] {Threei{ looks almost right
[15:25] {bruce{ agreed - but late in day after pretty bigmove - sop still a coin tos trade to me - wanted your opinion
[15:25] {Threei{ something bothers me about it but I can't put a finger on it
[15:25] {dino{ sm fmcn l .80
[15:29] {Threei{ too bad magoo isn't here... I wanted to tease him about BRCM
[15:31] {dino{ sm l clda .12
[15:35] {dino{ out fmcn .20, +.40
[15:36] {bruce{ nice dino
[15:36] {Threei{ USD is rallying on .75 rate cut
[15:36] {Threei{ Gold is dropping on it
[15:36] {Threei{ these are trying times for common sense :)
[15:37] {dino{ ty bruce
[15:38] {dino{ dogs and cats, living together in sin
[15:40] {bruce{ whats wrng w that? - I like sin
[15:41] {dino{ nnds
[15:41] {dino{ live in sin, come on in
[15:42] {Threei{ RIMM
[15:42] {dino{ strom of the century, king
[15:42] {Threei{ 105 break for crazy traders
[15:42] {Threei{ I knew it sounded familiar dino
[15:43] {dino{ we're going to have to sell this rally
[15:44] {Threei{ if it comes back and breaks, stop will be set by the low of this pullback
[15:45] {Threei{ come on RIMM
[15:46] {dino{ clda stop to .59
[15:46] {Threei{ nope, doesn't want to
[15:47] {dino{ to .66
[15:47] {dino{ to .72
[15:47] {dino{ out slip to .71,
[15:48] {dino{ +.59
[15:49] {dino{ sm s nnds .99, stop hod
[15:50] {dino{ hmm, stopping it
[15:51] {Threei{ crazy finish of a cazry day
[15:52] {Threei{ JPM MAINTAINS REGULAR DIVIDEND OF $0.38/SHR- The dividend is payable on April 30 to stockholders of record at the close of business on April 4.
[15:52] {Threei{ thank you all
[15:52] {Threei{ have a good evening, this day deserves a good rest
[15:53] {Threei{ see you tomorrow
[15:53] {ThurstonHowellTheThird{ bye y'all
[15:53] {dptl{ have a good evening all
[15:53] {dino{ thx all, good job today
