Thursday, March 27, 2008

Mar 27 2008

Session Time: Thu Mar 27 00:00:00 2008

[08:05] {Threei} SOLF
[08:05] {Threei} REPORTS Q4 $0.19 V 0.18E, R$135.3M V $109ME
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 366K V 370KE; CONTINUING CLAIMS: 2.845M V 2.885ME
[08:30] {Threei} *Q4 FINAL GDP PRICE INDEX: 2.4% V 2.7%E; CORE PCE Q/Q: 2.5% V 2.7%E
[08:31] {Threei} Q4 FINAL GDP ANNUALIZED: 0.6% V 0.6%E; PERSONAL CONSUMPTION: 2.3% V 1.9%E
[08:31] {magoo} morning
[08:31] {Threei} morning magoo
[08:32] {magoo} SOLF i see
[08:50] {hawkfan4} morning all
[08:51] {magoo} hawk :)
[08:52] {magoo} HURN? pounded 15
[08:53] {Threei} 07:05am [HURN] Guides Q1 EPS $0.50-0.57 v $0.68e, R $138-140M v $150.2Me
[08:53] {Threei} hawk :)
[08:53] {magoo} that deserves neg 16?
[08:53] {hawkfan4} mags, vad :)
[09:06] {dino} gm all
[09:06] {dino} ouch hurn
[09:08] {GeoArb} good morning
[09:09] {Threei} dino, geo :)
[09:14] {Onix} Good morning all
[09:14] {Threei} onix :)
[09:15] {magoo} vad, keep one of 3 eyes on hurn for a bounce
[09:15] {Threei} tough thing to do when all three are closed
[09:16] {magoo} thats why only want one
[09:16] {dptl} good morning all
[09:16] {Threei} SOLF solid resistance at 13
[09:16] {Threei} dp :)
[09:21] {Threei} 12.80 - 13 range SOLF
[09:22] {magoo} pretty good volume SOLF
[09:23] {Threei} RMBS has a conference call at some point today
[09:24] {ThurstonHowellTheThird} gm alll
[09:25] {Threei} thtt :)
[09:28] {magoo} SOLF near 40 3 months ago
[09:29] {cosmo} hmmm...that should be a good target...
[09:29] {Threei} no kidding
[09:29] {cosmo} 13 first tho
[09:30] {Threei} party pooper
[09:30] {cosmo} not me...
[09:31] {cosmo} pooper
[09:32] {Threei} FSLR and SPWR highs
[09:33] {Threei} JASO too... SOLF srtill trying to digest resistance
[09:34] {Threei} JASO .50 long if holding above .30
[09:34] {Threei} half lot
[09:35] {dino} hurn risky sm l 38.50
[09:36] {dino} too soon
[09:36] {Threei} SOLF .75 break long
[09:37] {Threei} stop under .60
[09:38] {Threei} half out .95
[09:38] {Threei} scalpers know what to do
[09:39] {GeoArb} wgat what?
[09:39] {Threei} lol
[09:39] {bruce} dump geo
[09:39] {Threei} 1/4 more out .15
[09:39] {magoo} out .09 TY vad
[09:39] {Threei} welcome
[09:40] {magoo} easy button
[09:40] {GeoArb} in 79 out 95 all TY
[09:40] {Threei} and he asked what a scalper to do
[09:40] {dino} out hurn 39.90, +1.40
[09:40] {GeoArb} only 100 shares so couldnt scale
[09:40] {Threei} wow dino
[09:40] {GeoArb} first day on IB with button trader real
[09:41] {dino} lucky
[09:41] {Threei} stop to .95 for last portion
[09:43] {magoo} jaso valid?
[09:43] {Threei} nah
[09:43] {bruce} congrats dino - v nice trade
[09:44] {dino} ty bruce
[09:45] {esemde} morning ...nice trade dino ....hurn
[09:45] {Threei} ese :)
[09:45] {esemde} morning Vad
[09:48] {dino} apol bruce
[09:50] {Threei} SOLF not done yet
[09:50] {Threei} overtightened stop for the last portion
[09:50] {magoo} SOLF frenzi-ish vad
[09:50] {dino} ty ese got lucky
[09:51] {bruce} watching it dino
[09:51] {magoo} w13 area a good reentry vad?
[09:51] {Threei} AKNS and ESLR are trying to follow SOLF
[09:51] {Threei} looks like mags
[09:52] {magoo} it has the "feel"
[09:52] {magoo} of 14
[09:52] {dino} fast fall mkts
[09:52] {bruce} eslr long candidate - would need to retace a bit
[09:52] {Threei} AKNS too
[09:52] {Threei} .70 break with .59 stop
[09:56] {dino} penn
[09:58] {bruce} l eslr .96 6 c stop
[09:59] {Threei} AKNS 1:1
[09:59] {Threei} me half out
[09:59] {dptl} out half ty
[10:00] {Threei} ESLR works too
[10:00] {Threei} *FEB HELP WANTED INDEX: 21 V 20E
- prior revised from 21 to 22
[10:01] {Threei} BLDP
[10:02] {Threei} NVDA
[10:02] {Threei} HEARING TAKEOVER CHATTER STARTING TO CIRCULATE- Samsung speculated as possbile suitor
[10:04] {Threei} boy... even HOKU ticking
[10:06] {magoo} near 14 coming SOLF
[10:11] {Threei} AKNS 1:2
[10:11] {Threei} 1/4 more out
[10:12] {bruce} eslr stop to 9 even
[10:13] {dptl} out i full .94 akns ty
[10:13] {esemde} Vad may I ask a question ......did you do a full lot on AKNS or more
[10:13] {Threei} a little bit more
[10:13] {Threei} not double
[10:13] {dino} uhal
[10:13] {Threei} welcome dp
[10:14] {Threei} stop was tight enough for double, but stock is a bit on a thin side
[10:14] {Threei} so I compromised
[10:14] {esemde} what makes you decide to go more than a full lot....
[10:14] {Threei} size of a stop is first consideration
[10:15] {Threei} since I have predetermined amount of what I am willing to lose on a trade
[10:15] {Threei} possible slippage is next
[10:15] {Threei} so I balance them in order to keep my risk within that max amount
[10:15] {Threei} nice ESLR
[10:15] {Threei} good job bruce
[10:15] {esemde} gottcha....
[10:16] {bruce} out eslr in full +.24 4 to 1 on risk
[10:16] {Threei} thing of beauty
[10:17] {dino} uhal sm s .86
[10:18] {bruce} thanx vad - focusing on trades that haqve good chance of better than 1 to 1
[10:19] {dino} gj bruce
[10:19] {Threei} tell me you read the articles I refered to yestereday, and I'll be a happy man for the day
[10:19] {dino} layn
[10:19] {bruce} thanx dino - small potatoes trade comparred to yours
[10:19] {Threei} done with AKNS
[10:20] {judijim} good morning everyone from jj
[10:20] {bruce} will read em today vadster
[10:20] {bruce} busy boy yesterday after market close
[10:20] {Threei} jj :)
[10:20] {Threei} ok bruce... then I'll be happy tomorrow
[10:20] {Chaeron} GM all... sorry I'm late
[10:21] {Threei} {--- laying guilt trip on bruce for posptponing my happiness
[10:21] {Threei} chaeron :)
[10:21] {dino} bruce, magoo laughs at me every day, always have some $30 wins
[10:21] {dino} they all add up
[10:21] {Threei} they do
[10:21] {Threei} I don't dismiss those
[10:22] {Threei} if I see very safe and very high odds trade for little money I grab it
[10:22] {bruce} get mags to donate yuu his 30s dino
[10:22] {dino} naz broke support 50 dma of 2310
[10:23] {dino} if i could only get him to bring the beer, lol
[10:24] {bruce} make it part of his exercise program
[10:25] {bruce} also - builds character to carry it w/out opening em
[10:26] {GeoArb} leh down on news
[10:26] {bruce} gold reversal dino?
[10:26] {Threei} HEARING RENEWED VAGUE NEGATIVE CHATTER- seeing large put volumes going through{
[10:27] {Threei} LEH
[10:27] {GeoArb} vague is that a big online broker has removed margin trading
[10:30] {dino} gold dk
[10:30] {Threei} RIMM .91 long if holding above .75
[10:30] {dino} margin requirementsc tightened a merc. today
[10:32] {Threei} out RIMM 29
[10:32] {Threei} +.29
[10:34] {bruce} nice one vad
[10:35] {bruce} hurn looks strong
[10:36] {bruce} good thing you played rimm quick vad!
[10:37] {Threei} and too bad I didn't go for shorting .75 breakdown
[10:37] {Threei} AAPL losing ground fast
[10:37] {Threei} bounce time
[10:40] {Threei} don't oversit if you went for AAPL
[10:44] {dino} sm l apol .35
[10:59] {Threei} ENER spike
[11:00] {Threei} SOLF long .94 stop
[11:01] {Chaeron} in SOLF.09
[11:01] {dino} partial cov uhal .46, +.40
[11:01] {magoo} me too
[11:01] {magoo} .09
[11:02] {Threei} stop to .99
[11:02] {Threei} 1:1
[11:03] {dino} remainder cov uhal .46, +.40
[11:06] {dino} spir?
[11:08] {Threei} no news... solar
[11:08] {dino} same
[11:09] {bruce} spir sure looks like short candiate dino
[11:10] {dino} though same, but no avail. stsmart
[11:12] {bruce} k
[11:12] {dino} fmcn?
[11:13] {bruce} I like fmcn long
[11:13] {dino} ditto
[11:14] {dino} waiting at .50
[11:14] {dino} rmbs smackdown
[11:17] {esemde} have a great day everyone....must be off.....way to busy theses days ...way to busy.
[11:18] {dino} fmcn l sm .57
[11:18] {judijim} thanks dino,quick scalp for +12 in 9 seconds
[11:18] {dino} np, what one?
[11:18] {judijim} on rmbs
[11:18] {bruce} gonna wait a bit on fmcn - I like it long but think it may retrace to 37.20 or so
[11:18] {dino} ok
[11:18] {Threei} take care ese
[11:18] {esemde} see ya vad
[11:18] {dino} sm, so wide fmcn
[11:18] {bruce} k
[11:19] {bruce} good chance it'll work
[11:19] {dino} later es
[11:19] {dino} ur right bruce
[11:22] {bruce} ljust a guess - happens a lot with those kind of stocks
[11:23] {bruce} forms obvious resistnace and retraces belwo to shake people out
[11:24] {bruce} obvious support rather
[11:27] {dino} cvco
[11:27] {dino} little kid rock cranking
[11:28] {magoo} and the beers flowing
[11:28] {bruce} lol
[11:28] {bruce} breakfast of champions mags
[11:29] {dino} no beer yet
[11:29] {dino} spir keeps going, good thing wasn't avail.
[11:32] {bruce} orcl scalp candidate on break of .50 looks like
[11:34] {magoo} whats your mkt thought here vad? up?
[11:34] {bruce} l fmcn .57 stop at .35
[11:35] {magoo} if SOLF takes .69 we get it still..risky of course
[11:36] {bruce} out fmcn full +.15
[11:36] {magoo} nice
[11:36] {magoo} magoo kicking SILF here
[11:36] {magoo} lol
[11:36] {magoo} SOLF
[11:37] {Threei} I am very flattered magoo... you believe I have thoughts
[11:38] {bruce} indeed - and very dark ones vadster
[11:38] {Threei} lol
[11:39] {bruce} you're not nicknamed darth vadster for nothing
[11:39] {bruce} thats for the newbies
[11:39] {Threei} maybe, but it doesn't make the very notion of me having thougts any less misguided
[11:39] {bruce} true
[11:40] {bruce} and here I was expecting a trout any second
[11:40] {Threei} you are safe because it would me thinking where I put it... and as we know, thinking is...
[11:42] {Threei} wow ESLR
[11:42] {Threei} it's been a good while since I've seen it moving like this
[11:43] {GeoArb} akns
[11:43] {bruce} yes - watched it run vad - didn't want to hold
[11:47] {Threei} SOLF broke your trigger mags
[11:47] {Chaeron} nice boy SOLF
[11:47] {magoo} 14 comith
[11:47] {magoo} in 09
[11:49] {magoo} oiut .89
[11:49] {magoo} TY vad
[11:49] {magoo} + something good
[11:50] {Chaeron} what happened to 14?? :)
[11:50] {magoo} pigs get slaughtered
[11:50] {Chaeron} you got +0.80 mags. dang nice
[11:50] {magoo} i had full lot
[11:50] {GeoArb} wooo
[11:50] {Chaeron} I had to do the math for you tho..
[11:51] {magoo} ill keep watching for next leg up..if IF
[11:51] {bruce} verynice one mags
[11:51] {bruce} congrats
[11:51] {magoo} vads call
[11:51] {Threei} fantastic job mags
[11:51] {magoo} u on today vad, thanx
[11:52] {Threei} welcome
[11:52] {Threei} assumption that solars should get carryover from yesterday helped
[11:52] {Threei} look at calls, almost all on solars
[11:52] {magoo} i'd like to see it pullbk to .50 area..hold well and power up
[11:53] {magoo} yup..the stocks de jour
[11:53] {Chaeron} wow... you said it and then it starts for .50
[11:53] {magoo} dark side chaer
[11:53] {Chaeron} yeah... "Come to the dark side.... we have cookies"
[11:54] {magoo} see how .91 turned it back...even when i call 14...i was laying out near there
[11:54] {magoo} orig layout was .94...saw it losing power, cut .89
[11:55] {dptl} same here mags...but i punch at .75
[11:56] {Chaeron} nice dptl
[11:56] {Threei} RMBS small shares short on .50 breakdown
[11:57] {Threei} tight stop, above .65
[11:57] {dptl} ty....what was your entry Magoo?on solf
[11:57] {Threei} you guys are bad
[12:02] {magoo} 11:01] {Threei} SOLF long .94 stop
[12:02] {magoo} [11:02] {Chaeron} in SOLF.09
[12:02] {magoo} [11:02] {dino} partial cov uhal .46
[12:02] {magoo} [11:02] {Chaeron} in SOLF.09[11:02] {magoo} me too
[12:02] {magoo} [11:02] {magoo} .09
[12:03] {GeoArb} rmbs still on?
[12:04] {Threei} yes
[12:04] {GeoArb} ty
[12:09] {GeoArb} now?
[12:09] {Threei} no
[12:09] {Threei} :)
[12:09] {GeoArb} :D
[12:12] {Chaeron} market powering up
[12:15] {magoo} RIMM long as close to 15 RISKY
[12:15] {magoo} needs mkt
[12:15] {bruce} l clwr 14.60 11 c stop
[12:16] {magoo} not in yet..fell as typed
[12:16] {magoo} it is hard vad to read mkt..make call..typeand enter sheesh
[12:16] {magoo} invalidated
[12:21] {dino} fmcn stop to .98
[12:22] {dino} out fmcn +.40
[12:22] {GeoArb} market alive?
[12:23] {dino} indeed
[12:23] {bruce} nice dino
[12:24] {judijim} Judi is off to the psychology world, jj have a early function Friday so no trading (:, back on Mon AM!
[12:24] {Threei} have a good weekend judi
[12:24] {bruce} bye judijim
[12:25] {Chaeron} oh hey.. forgot to thank you Vad... out 0.86 on that SOLF +.077
[12:25] {Chaeron} 0.77
[12:25] {Chaeron} many thanks again
[12:26] {Threei} I am not the only one with memory problems...
[12:26] {Threei} but welcome :)
[12:27] {dino} ty bruce you get it?
[12:33] {bruce} fmcn dino?
[12:33] {dino} y
[12:33] {bruce} I just took quick scalp in it
[12:33] {dino} gj
[12:34] {bruce} expected it to retrace to about .50 but didn't see it in time for second entry
[12:34] {dino} there will be others
[12:35] {bruce} you bet
[12:46] {magoo} .
[12:46] {magoo} .
[12:46] {Threei} what's your point mags?
[12:49] {magoo} well, i thought i was staring current. hit the dot and realized i was mid scroll he the pouint helped
[12:52] {bruce} ener dino
[12:53] {dino} apol stopped -.37
[12:57] {bruce} hurn tanking
[13:07] {dino} watching it
[13:07] {bruce} s ener 28.95 - 10 c stop
[13:13] {dino} abax
[13:13] {dino} nah
[13:13] {dino} brb
[13:15] {bruce} k
[13:19] {bruce} stopped clwr -10c
[13:29] {bruce} utiw strong
[13:30] {dino} hurn sm l .30 risky
[13:34] {dino} dwsn sm s .09
[13:36] {bruce} out ener short +.49
[13:38] {dino} gj
[13:38] {bruce} left lots on table - but almost 5 to 1 on risk so satisified w it
[13:39] {magoo} vad, u watching RIMM ?
[13:40] {Threei} usually yes
[13:41] {magoo} fess up..u got ouit to your shed and workout between noon and 2pm right he he
[13:41] {Threei} you overestimate my willingness to endure inconviniences... I prefer sleeping at my desk rather than on a treadmill
[13:42] * magoo slaps Laserdave1 around a bit with a large trout
[13:43] {magoo} duh.a lil help?!?
[13:44] * magoo slaps bruce around a bit with a large trout
[13:44] * magoo slaps Chaeron around a bit with a large trout
[13:44] * magoo slaps Threei around a bit with a large trout
[13:44] * magoo slaps patience around a bit with a large trout
[13:44] * magoo slaps Laserdave1 around a bit with a large trout
[13:45] {magoo} i feel like dr. nevill in "i am legend"
[13:45] {bruce} havne't seen the movie yet
[13:46] {bruce} what you think of it mags?
[13:46] {dino} more like dr. evil in austin powers
[13:46] {magoo} average
[13:46] {bruce} k
[13:46] {magoo} i like sci fi though
[13:47] {bruce} yes - dr evil magster and his cohort - the twisted Darth Vadster
[13:47] {bruce} death star probably going to circle into orbit any momnet now
[13:47] {magoo} starring dino as me
[13:48] {bruce} lol dino
[13:48] {bruce} laserdave can do princess leii
[13:49] {bruce} any read aapl herevad?
[13:49] {dino} magoo can be fat bastard
[13:49] {magoo} that DOES ITTTTTTTTTTTTT
[13:49] * magoo slaps dino around a bit with a large trout
[13:50] {bruce} lol - good one dino - but thought he was already?
[13:50] * bruce slaps magoo around a bit with a large trout
[13:50] {bruce} preemptive strike
[13:51] {dino} lol
[13:53] {dino} hurn stop to .70
[13:54] {magoo} IF IF mkt spikes upward like it has been...RIMM is a long
[13:55] {dino} to .95
[13:56] {dino} dwsn stopped .98,
[13:56] {dino} +.11
[13:57] {dino} hurn to .05
[13:57] {dino} out hurn .03, +.73
[13:57] {bruce} v nice dino
[13:57] {dino} ty
[13:57] {dino} brb
[13:58] {bruce} k
[13:58] {bruce} taking break her
[14:02] {dino} not her i hope
[14:02] {Threei} lol
[14:03] {Threei} LEH short as close to 39 as possible
[14:03] {Threei} if no bounce, short .69
[14:04] {Threei} with stop .81
[14:04] {dino} darn dwsn shook me out too soon
[14:06] {GeoArb} huh LEh not available to short in IB
[14:07] {dino} hmmm
[14:07] {Threei} stopped
[14:07] {Threei} RMBS
[14:08] {GeoArb} i guess good thing
[14:08] {GeoArb} :)
[14:08] {Threei} not really
[14:08] {Threei} remember your BSC short?
[14:08] {dino} rmbs, the lawsuit company, reminds me of amd
[14:08] {GeoArb} IB has been tigheting margins too
[14:08] {GeoArb} now that i did on laser :D
[14:09] {dino} ibkr
[14:09] {Threei} now imagine you don't have shares to short and watch it dropping multipints
[14:09] {GeoArb} yeah IB seems more and more like a non scalping broker
[14:09] {Threei} never was
[14:10] {GeoArb} i think ill keep it as backup
[14:10] {GeoArb} its just with laser i cant get distracted
[14:10] {GeoArb} a serious impediment at work :D
[14:10] {Threei} sorry, don't understand
[14:10] {GeoArb} as in laser its better to do stops manually
[14:11] {GeoArb} i have to keep watching a position
[14:11] {GeoArb} not good when boss walks in
[14:11] {Threei} you had problems with stops?
[14:11] {GeoArb} button with IB sends brackt target and stop with open
[14:11] {GeoArb} in laser its a separate task
[14:11] {GeoArb} so i prefer manual in laser
[14:11] {GeoArb} so more involved
[14:12] {GeoArb} but laser is much much much faster
[14:13] {dino} calm
[14:13] {GeoArb} as button with IB automaticall trows out stop and target i can do other work too.... doesnt work for fast scalps thoug
[14:13] {GeoArb} i gotta page laserdave and eat crow
[14:14] {Threei} you still have to enter your stop and target?
[14:14] {Threei} or it's predefined somehow?
[14:14] {GeoArb} in button its predefined with IB
[14:14] {Threei} wow
[14:14] {GeoArb} a percentage of margin
[14:14] {Threei} no way
[14:14] {GeoArb} yeah
[14:14] {Threei} that's a wrong way to do it
[14:15] {GeoArb} or you can choose ticks
[14:15] {GeoArb} or money
[14:15] {Threei} all are wrong
[14:15] {GeoArb} ??
[14:15] {Threei} what is it that defines your stop?
[14:15] {GeoArb} once its in i click the right price and it automatically adjusts
[14:16] {GeoArb} so its always wider than your and then i click twice to narrow it to yours
[14:16] {Threei} what do yuo need to use in order to find the right place for a stop?
[14:16] {GeoArb} i know :( supp /res
[14:16] {GeoArb} all this does is throw disaster stop out..... then i click and adjust
[14:16] {Threei} so what do all those parameters have with it?
[14:16] {GeoArb} meaning?
[14:16] {Threei} have to do
[14:17] {Threei} in each particular case it's a certain price level
[14:17] {Threei} it's not defined by %
[14:17] {Threei} or money
[14:17] {Threei} or amount of clicks
[14:17] {GeoArb} yes i agree
[14:17] {Threei} and if you need to enter price manually
[14:17] {GeoArb} the concept of manually doing it vs automatic protection when you are at work is what i am getting at
[14:17] {Threei} it's the same as with laser
[14:18] {Threei} so why sacrifice the most xrucial element, speed
[14:18] {GeoArb} maybe i am doing it wrong in lasr
[14:18] {GeoArb} OMS
[14:18] {Threei} I don't know how it's a hassle... click, enter prices, click
[14:19] {GeoArb} hmmmmmm.... (ill do reasearch and come back)
[14:19] {Threei} whatever you come up with,
[14:19] {Threei} don't confuse the convinience with correct way to trade
[14:19] {GeoArb} ok
[14:20] {GeoArb} TY
[14:20] {Threei} sure
[14:21] {Threei} I hate those useless features slapped on by brokers to create "bells and wistles"... trailing stops that trail by the wrong principle... brackets that have nothing to do with market movement
[14:22] {Threei} it's like GPS with great MP3/audiobooks playback, currency converters,
[14:22] {Threei} world clock
[14:22] {GeoArb} hehehe
[14:22] {Threei} and whatnot
[14:23] {Threei} just one little problem... it's doing lousy work at routing
[14:28] {magoo} like freaking cell phones...take vidoe games..access internet..text..ect.. i just want a phone which gets service where i am at
[14:30] {Threei} yeah, and connection is lousy - even though you need to be a computer geek to use all its features
[14:32] {magoo} long rimm now .75
[14:32] {magoo} small
[14:35] {dino} sm l calm .76
[14:37] {magoo} out .15 ghere
[14:37] {magoo} + what ?
[14:38] {Threei} who knows
[14:40] {magoo} + .67 ?
[14:40] {magoo} nah, thats not it
[14:40] {magoo} + ..54? nope
[14:40] {dino} bmti
[14:41] {magoo} ahh...+ .40
[14:45] {dino} ouch bmti
[14:51] {dino} no opinions on it i see
[14:52] {dino} waiting sm 10.60
[14:54] {dino} l .50
[14:54] {dino} out .90, +.40
[14:55] {dino} tap, tap, this on?
[14:55] {Threei} gosh
[14:56] {dino} que?
[14:56] {Threei} what's with theneed to wake people up
[14:56] {dino} just trying to make a buck
[14:56] {GeoArb} huh?
[14:56] {dino} figured bruce would be on it
[14:56] {GeoArb} chilli cheese fries
[14:57] {dino} making me hungry, pepperoni and cheese again
[14:58] {dino} bmti, glad i sold
[14:59] {dino} -6\
[15:00] {magoo} hmmmmmmmmm
[15:00] {dino} q is, will 8.51 hold
[15:02] {dino} guess so, 2 bucks up off low
[15:02] {dino} ok, gotta hop, back in 10
[15:12] {Threei} BMTI
[15:12] {Threei} HEARING VAGUE CHATTER ATTRIBUTING WEAKNESS TO POSSIBLE LINK TO FDA'S SCRUTINY OF JNJ GEL- Reminder: 1:19: FDA conducting safety review of Regranex gel over possible cancer risk
[15:12] {dino} sm l .00
[15:13] {dino} stopped
[15:13] {dino} -.35
[15:14] {dino} rinsed
[15:15] {dino} .00 last try
[15:16] {dino} out .40, +.40
[15:17] {dino} may be some truth to it
[15:17] {dino} drops again
[15:21] {Threei} best thing now would be quick denial by company
[15:21] {Threei} I would buy triple :)
[15:21] {Threei} frikin LEH rinsed us
[15:21] {Threei} look at its drop
[15:22] {Threei} I can see JPM buying it tomorrow for $2.50
[15:22] {dino} dwsn to me, should've had a buck
[15:23] {Threei} btw magoo... changing a cellphone a while ago I asked them whether they have a model WITHOUT photocamera
[15:23] {Threei} you should see the look I got
[15:23] {Threei} BMTI
[15:23] {Threei} ummm
[15:23] {Threei} not convinced
[15:26] {magoo} cut in half
[15:26] {dino} falling again
[15:26] {dino} think i'm done w/it
[15:26] {magoo} man, u ain't safe with a 15 dollar stock these days
[15:26] {magoo} heck..BSC..
[15:29] {Threei} need to lose 7 probably for another round of panic
[15:31] {Threei} here we go
[15:31] {Threei} cruel and unusual punishment
[15:33] {magoo} relentless selling on bad news
[15:33] {Threei} or even hint of it
[15:35] {Threei} 7 be lost
[15:35] {Threei} come on
[15:35] {GeoArb} is that an entry? :)
[15:35] {Threei} 6.20 is :)
[15:36] {Threei} there
[15:36] {Threei} sheer panic
[15:37] {Threei} 6.20 maybe too high
[15:37] {dino} waiting .01
[15:37] {Threei} real .01, no whole number?
[15:37] {dino} dji lod
[15:38] {dino} y
[15:38] {magoo} vad..u been sh scalpin it?
[15:38] {Threei} eralier once
[15:38] {dino} not going to get there
[15:38] {Threei} not touching for now
[15:39] {dino} thing is cut in half
[15:39] {magoo} me neither..had good day and tied of blowing it on someything like that
[15:39] {Threei} selling pressure won't let go
[15:39] {magoo} tied=tired
[15:39] {Threei} yeah, it's a coin toss
[15:39] {Threei} if copany came out and said we have nothing to do with that, would be different story
[15:40] {Threei} tomorrow we would learn they lied of course
[15:40] {magoo} would have been fun to watch curtis whale on it though..too bad
[15:40] {Threei} but today's bounce would be great
[15:40] {dino} lol magoo
[15:40] {dino} cx bmti order
[15:40] {dino} mako
[15:41] {dino} gappy
[15:41] {magoo} i heard last week that Scottrade had a major system shutdown..some crazy daytrader overloaded it with multiple orders
[15:41] {bruce} back
[15:42] {bruce} and gthe y havena't identified you yet matgs?
[15:43] {dino} here comes 6
[15:43] {magoo} or curtis found out the stox we play aren't marginable at scott...3.6785 margin call
[15:44] {magoo} million
[15:44] {magoo} u outta get one of those lol
[15:46] {dino} calm crushed
[15:46] {dino} no news
[15:50] {bruce} we need to watch that one for market open tomorrow dino
[15:50] {Threei} MBTI new low... wow
[15:50] {Threei} BMTI
[15:51] {bruce} micc and gold look like reversal candidates
[15:51] {dino} thinking the same
[15:51] {dino} seems too easy to be just gap fill
[15:53] {bruce} apol too
[15:54] {dino} dji -2.5% in 3 days
[15:54] {Threei} Ok guys, thank you all
[15:54] {Threei} very nice day
[15:54] {GeoArb} thanks vad
[15:54] {GeoArb} bye
[15:54] {Threei} 1 little stop
[15:54] {Threei} I can live with it
[15:54] {Threei} have a good evening
[15:54] {Threei} see you tomorrow
[15:55] {dino} 2 here
[15:55] {dino} good day, thx all
[15:55] {bruce} you did well dino - bet you are over daily average
[15:56] {dptl} have a good evening all
[15:56] {bruce} niht dp
[15:56] {dino} finally
[15:56] {magoo} ty all ty vad
[15:58] {bruce} lots of stuff out there for your trading style these days dino- just have to be careful with all the whipsaws
[15:58] {dino} almost a buck off calm low
[15:58] {bruce} night mags
[15:58] {dino} it's working bruce, just average is a bit low, but 14 days in row positive
[15:59] {bruce} great
[16:00] {dino} ty, a bit of luck
[16:00] {bruce} I need to get to a track record like that
[16:00] {bruce} not luck thats for sure
[16:04] {dino} vad taught me, the key is to not go negative
[16:05] {bruce} yeah - negative accounts suck
[16:18] {dino} later all