Wednesday, April 30, 2008

Apr 30 2008

Session Time: Wed Apr 30 00:00:00 2008

[08:10] {Threei} EFUT
[08:10] {Threei} LAUNCHES BFUTURE.COM.CN B2B WEBSITE- today announced the launch of , a jointly-designed business-to- business ("B2B") SaaS website to connect retailers to their suppliers, enabling them to more efficiently and effectively share information and manage work processes.
[08:11] {Threei} this is headline from 1999... lol
[08:11] {Threei} back then such announcement would triple their stock in minutes
[08:11] {hawkfan4} lol, morning Vad
[08:11] {Threei} Good morning :)
[08:12] {Threei} really, I almost chocked when saw it
[08:13] {hawkfan4} FSLR earnings out this morning, they usually report after the market
[08:14] {Threei} 07:03am [FSLR] Reports Q1 $0.57 v $0.47e, R $196.9M v $183.6Me
[08:15] {Threei} and couple upgrades yesterday, with 300 and 340 targets
[08:15] {Threei} APR ADP EMPLOYMENT CHANGE: +10K V -60KE- Prior revised higher from +8K to +3K
[08:30] {Threei} Q1 EMPLOYMENT COST INDEX: 0.7% V 0.8%E
[08:44] {hawkfan4} ok Vad, i know i didn't post my entry, but mags might enjoy this one. Out FSLR + 19
[08:45] {Threei} eeck
[08:46] {hawkfan4} :) not a bad way to start the day
[08:46] {Threei} I think it fully qualifies as "not disgusting"
[08:46] {fernp} Good moornig
[08:47] {Threei} fernp :)
[08:52] {dptl} good morning all
[08:52] {Threei} dp :)
[08:54] {cosmo} ALGN
[08:56] {cosmo} # Align Technology Announces First Quarter Fiscal 2008 Results; Board Authorizes $50 Million Stock Repurchase ProgramPR Newswire(Tue 4:00pm)
[08:56] {cosmo} 1Q profit falls 24 percent on costs
[08:57] {cosmo} expects 2Q profit missAP(Tue 6:24pm)
[08:57] {cosmo} fwiw
[08:58] {magoo} morn rt
[08:58] {Threei} cosmo, magoo :)
[08:59] {cosmo} 3i:)
[08:59] {dptl} fed today?
[08:59] {Threei} yup
[09:00] {dptl} thnx......i hate those days,,:)
[09:00] {Onix} Good morning
[09:00] {Threei} onix :)
[09:03] {magoo} HAWK
[09:03] {magoo} u buy this morning??
[09:03] {hawkfan4} yep, 175, out 194 , just 100 shrs
[09:04] {hawkfan4} 275, 294
[09:04] {magoo} lol i was gonna say..that 100points
[09:07] {cosmo} solars are rising
[09:08] {cosmo} here come the solars...
[09:08] {magoo} because its morning
[09:08] {Threei} astute observation
[09:13] {cosmo} STAR: # Starent 1Q profit more than doublesAP(Tue 5:25pm)
[09:13] {cosmo} 16.5 pre mkt high...
[09:13] {cosmo} 16.85 last nite
[09:16] {GeoArb} gm all
[09:17] {Threei} Geo :)
[09:17] {cosmo} ARRS
[09:19] {cosmo} 7.60
[09:20] {cosmo} far
[09:21] {Threei} 04/29/08 04:01pm [ARRS] Reports Q1 $0.12 v $0.10e, R $273.5M v $277.8Me
[09:24] {dino} gm all
[09:25] {Threei} dino :)
[09:25] {esemde} ahhhhh haaaa it worked ...good morning
[09:26] {Threei} ese :)
[09:26] {Threei} what did?
[09:27] {cosmo} sun musta rose...
[09:27] {esemde} opening up and logging onto the the trading room
[09:27] {Threei} what did you change?
[09:28] {esemde} whatever you had asked me to do going into preferences
[09:28] {markweb} good morning winners!!!
[09:28] {Threei} you assume I remember anything about yesterday... flattering
[09:28] {esemde} mark....
[09:28] {Threei} mark :)
[09:28] {markweb} :)
[09:29] {cosmo} {ding}
[09:32] {Threei} ARRS presents interest if pulls back into 7.60
[09:33] {Threei} CSIQ and JASO are trying to follow FSLR
[09:34] {cosmo} SVVS healer
[09:34] {Threei} wow... EFUT did wake up
[09:37] {Threei} TTMI half lot long .30
[09:37] {Threei} if stays above .10
[09:38] {esemde} long BMRN 36.00 1/2 lot
[09:39] {Threei} RIMM sharp selloff
[09:40] {markweb} stop on BMRN ese?
[09:40] {dino} star l sm .00
[09:42] {markweb} out BRMN +.45 thanks ese!!!
[09:42] {Threei} good one guys
[09:42] {esemde} out BMRN .50
[09:42] {dino} sigi l .25 stop .98
[09:42] {esemde} +.50 nice!!!
[09:43] {markweb} sweet:)
[09:43] {esemde} good thing too ...I have another early morning
[09:43] {dino} gj es, mark
[09:43] {esemde} your welcome Mark
[09:44] {esemde} looks like it still wants more
[09:45] {magoo} AAPL beserk
[09:48] {Threei} RIMM is not as happy
[09:49] {tomg} in ttmi
[09:50] {Threei} anyone took ARRS near 7.60?
[09:51] {esemde} not I...looked at it
[09:51] {GeoArb} nope.. in ttmi
[09:52] {Threei} are we on the same planet with White House?
[09:54] {esemde} gotta wonder sometimes
[09:54] {dino} star stop to b/e
[09:55] {esemde} where are you in on STAR dino
[09:55] {esemde} been following that one this morning too
[09:57] {dino} grmn blood
[09:59] {dino} sigi not moving tighten to .09
[09:59] {Threei} TTMI stop to under .20
[10:00] {esemde} dino you there.... is STAR worth a bstop at 16.24..does it seem strong enough to you
[10:00] {dino} es, .00
[10:00] {esemde} niced
[10:00] {dino} i am long
[10:01] {esemde} bstop STAR 16.24
[10:02] {GeoArb} nice bounce on grmn
[10:02] {dino} damn grmn, wanted whoosh to 38
[10:02] {Roman} 21 BEAV
[10:02] {Roman} 21 feels higher
[10:02] {Roman} 21 long 40.09 1/2 size
[10:03] {esemde} long Star.26
[10:04] {esemde} 1/2 lot
[10:05] {dino} out star .15, +.15
[10:05] {dino} fast drop
[10:05] {esemde} i'll say.
[10:06] {esemde} gonna give it the benefit off the doubt
[10:06] {dino} ok
[10:06] {dino} gl
[10:06] {dino} saw .33 thought it would really go
[10:06] {esemde} me too....stop is in at .01 though
[10:07] {magoo} grmn news vad??
**Consensus expectations:
[10:07] {Threei} - Crude: +1Me
[10:07] {Threei} - Gasoline: -750Ke
[10:07] {Threei} - Distillates: Unchanged est.
[10:07] {Threei} - Capacity Utilization: 85.9%e
[10:07] {Threei} missed earnings mags
[10:09] {magoo} ty
[10:09] {Threei} starts looking like short on 40 break
[10:09] {Threei} if holding under 40.25
[10:09] {dino} star back to your b/e es
[10:09] {Threei} volatile, no big shares
[10:10] {Threei} no go
[10:10] {Threei} too jumpy
[10:11] {Threei} TTMI stop to .24
[10:14] {judijim} good morning all
[10:14] {Threei} jj :)
[10:14] {esemde} I'm getting the sense that STAR has found the VWAP for today and may not move much beyond 16.20
[10:15] {tomg} setting stop ttmi at .24, have to leave for a while, ty vad
[10:16] {esemde} see ya tom
[10:16] {Threei} take care tom
[10:17] {esemde} hmmm hit .00 but didn't get stopped
[10:18] {esemde} opps spoke too soon...stopped .99 -.27
[10:18] {bruce} hmmm - what is vwap ese?
[10:18] {Roman} 21 long SWHC small
[10:19] {Roman} 21 7.26
[10:19] {esemde} Volume Weighted Average Price....bench mark for big funds to measure whether they've gotten there clients a good price on the day
[10:19] {Threei} great... just when I was going to say RIMM is so weak, it looks like short
[10:20] {magoo} bouncer now looksike
[10:20] {dino} wow es, you are deep, i thought vwap was a veal wrap
[10:21] {bruce} thanx ese
[10:21] {esemde} I prefer the Veal Wrap....
[10:21] {Threei} if its usual ways hold, should be a short somewhere just above 125.5
[10:21] {dino} :)
[10:21] {bruce} heard the term but didn't know what it meant
[10:21] {bruce} sounds like an insult
[10:21] {bruce} get out of my way you damned vwap
[10:22] {dino} htch drop
[10:22] {esemde} ha ha ha good one
[10:22] {dino} lol
[10:22] {Threei} that's how I always used it
[10:22] {Threei} you mean it wasn't the right meaning?
[10:23] {Threei} I also usually throw MACD on top
[10:23] {magoo} BIDU news vad?
[10:23] {Threei} you macded vwap
[10:23] {Threei} nothing fresh mags
[10:24] {magoo} ty
[10:24] {magoo} weaker than mkt today
[10:24] {Threei} a bit, yeah
[10:25] {dino} dbtk sm s .49, stop .77
[10:26] {bruce} expe long candidate on 25 break
[10:30] {Threei} DOE CRUDE:+3.85M V +1ME
[10:30] {Threei} GASOLINE: -1.48M V -750KE; DISTILLATES: 1.13M V UNCH. EST.;
[10:30] {dino} cnqr?
[10:31] {dino} l .59, stop .18 sm
[10:33] {Threei} RIMM acts according to a pattern so far
[10:33] {Threei} if you went for bounce, get out here
[10:33] {Threei} if waiting to short, this is the spot to watch
[10:34] {dino} dbtk bstop tighten to .61
[10:39] {dino} sigi stop to .37
[10:39] {dino} out +.12
[10:39] {Threei} TTMI stop to .29
[10:40] {dino} rsti bottom maybe
[10:45] {hawkfan4} RIMM nice Vad, thx
[10:47] {dino} dbtk stuck, bstop to .43
[10:47] {Threei} shorted it hawk?
[10:48] {hawkfan4} yep, got .39, partial .15 and .98, and stop .01 now
[10:48] {Threei} :)
[10:49] {dino} cnqr 1/1 if anyone took, sstop to .78
[10:51] {bruce} hmm possible reversal in grmn dino - watching it for setup
[10:52] {dino} me too, thought it would drop more
[10:52] {dino} i was wrong
[10:53] {bruce} still may - jerks around a lot - so looking for tight range entry
[10:54] {dino} jerks everywhere i go it seems
[10:54] {bruce} apei looks like one of your babys dino - thinnie and getting extended long
[10:55] {dino} ty watching
[10:56] {dino} crazy one if i remember
[10:57] {bruce} yes - ridiculous spread - quick moes
[10:57] {dino} cnqr lots of trouble w/.00, tighten to .94
[10:58] {dino} waiting small 34.24
[11:02] {dino} ezch? maybe another pop, thin
[11:02] {bruce} rrc - posible reverversal point near
[11:02] {dino} dbtk bstop to .26
[11:03] {dino} oih rrc based
[11:04] {bruce} k thanx
[11:04] {dino} wbmd
[11:05] {magoo} wierd market so active on rate dec day vad
[11:05] {bruce} remember our fdp rinse yesterday?
[11:05] {bruce} we got vwapped in it
[11:06] {dino} lol
[11:06] {dino} i can't borrow wbmd
[11:06] {Threei} this rate decision is different from a few previous opnes mags
[11:06] {Threei} talked about it yesterday
[11:07] {dino} dbtk stopped/cov. .26, +.23
[11:08] {Threei} TTMI firmly above 1:1, and doesn't look like done yet
[11:08] {dino} cnqr to .14
[11:08] {Threei} make your decision re: holding, partialing, taking profit
[11:09] {dino} out cnqr .30, +.71
[11:10] {dino} cpla
[11:10] {dino} educations spiking
[11:10] {Threei} CECO lagging
[11:11] {dino} now why do you have to say it like that/
[11:12] {dino} grmn app. lod
[11:12] {Threei} just giving a andidate for educations sympathy play :)
[11:12] {dino} enough i say
[11:12] {dino} :)
[11:13] {bruce} yes watching it
[11:13] {bruce} we missed rrc bounce
[11:13] * Threei is whistling "we don't need no education" theme
[11:14] {dino} ahhh floyd. take me to the dark side of the moon
[11:14] {bruce} nfx on alert now - may bounce near here
[11:15] {dino} wow we missed apei brice, i was chicken
[11:16] {bruce} didn't miss it dino - those puppies scare the heck out of me
[11:17] {dino} you must embrace risk
[11:17] {dino} it is your friend
[11:17] {bruce} lol
[11:17] {bruce} 20 to 30 c spread is no friend of mine
[11:17] {dino} for a daytrader it is...think about it
[11:18] {bruce} take lots of risky trades dino
[11:18] {bruce} just look for tighter entries than you
[11:18] {bruce} want to see .50 hold in nfx here
[11:19] {dino} cpla continues
[11:21] {bruce} l nfx .74 - stop 15 c
[11:21] {bruce} maty be early
[11:23] {dino} good entry
[11:24] {Chaeron} Good morning all.... sorry I'm late.. pc probs
[11:25] {Threei} chaeron :)
[11:25] {dino} gm
[11:27] {dino} cpla sm s .70
[11:27] {dino} stop .18
[11:28] {bruce} sorry ch - ese probably infected your computer
[11:29] {GeoArb} heh
[11:29] {bruce} wouldn't be surpriwsed if mags had hand in it either
[11:29] {dino} most likely
[11:39] {dino} sm rsti l .01 wide risky
[11:40] {bruce} out nfx for now +.20
[11:40] {dino} gj
[11:41] {bruce} thanx dino - lots ofroom for it to still go north
[11:44] {dino} strange day, good trade
[11:45] {dino} cpla not working tighten to .96
[11:46] {bruce} wow - apei 2.50 retrace
[11:47] {dino} sohu
[11:47] {dino} rsti tighten to .68
[11:47] {dino} stopped cpla spiked, -.31
[11:53] {bruce} hmmm dino = considering about ag long here
[11:54] {bruce} nope - passing - volume too soft
[11:55] {dino} no too hard to trade yesterday
[11:56] {bruce} lots of potential to retrace to day
[11:56] {bruce} but want more action
[11:57] {dino} don't we all, lol
[11:57] {Threei} nope
[11:57] {Threei} I for one want more sleep
[11:58] {judijim} taking break, be back:)
[12:01] {dino} sohu l sm .75sohu l trig, imo .75 sm
[12:06] {dino} sohu stopped .38, -.37
[12:10] {dino} rsti stopped .64 slip, -.36
[12:10] {bruce} dptr longcandidate here dino
[12:10] {dino} .-37
[12:13] {bruce} l dptr .43 stop 10c
[12:23] {dino} cpla major rinse
[12:28] {bruce} sorry dino
[12:30] {dino} np
[12:39] {esemde} you all have a great rest of the day now yahear....Jed Clampet quote
[12:39] {Threei} take care ese
[12:41] {dino} ttgt
[12:46] {dino} ttgt s .55 sm
[12:47] {dino} ttes drop
[13:00] {magoo} laserdave, dcc
[13:06] {dino} ttgt bstop to .05
[13:09] {dino} coco spike
[13:09] {dino} rsti bruce?
[13:12] {dino} sm l .21, stop .79
[13:12] {dino} whippy
[13:13] {dino} ttgt to .87 bstop
[13:13] {dino} .97 i mean
[13:17] {dino} otex wakey
[13:29] {dino} ttgt stoppeed slipped .01, +.54
[13:33] {Threei} guys, while we are waiting for Big Ben to tell us where the happiness is
[13:33] {Threei}
[13:42] {Threei} full room of sleeping beauties...
[13:42] * Threei slaps Laserdave1 around a bit with a large trout
[13:50] * Chaeron slaps Laserdave1 around a bit with a large trout
[13:51] {Threei} CSIQ unusually strong
[13:51] {Threei} not sure what gives... FSLR retreated, market too
[13:51] {Threei} usually this thing follows
[13:57] {dino} ok., dji will go to flat or slight neg., then bounce to 90, then back down,close neg.
[13:58] {patience} great post vad, just read it after finishing my daughter's income tax
[13:58] {Threei} thank you
[13:58] {patience} amount of paperwork for revenue canada is quite the reality check
[13:59] {Threei} meaning, trees be damned?
[14:00] {patience} paper for her first income tax, electronic starting next year
[14:08] {Threei} that's going to be one crazy show after Fed announcement
[14:10] {dino} hod
[14:10] {Threei} 5 min
[14:12] {Threei} playing "what I would do if I were Fed"... I'd do no cut, expressing confidence in economy, spiking USD and tanking oil
[14:12] {Threei} first knee jerk reaction would be down, then rally
[14:15] {dino} thats what i want, no change
[14:15] {Threei} me too
[14:15] {Threei} 1/4 cut
[14:15] {dino} 1/4
[14:17] {Threei} oh good... market moves in two directions at the same time
[14:17] {Threei} - Economic activity remains weak
[14:17] {Threei} - Vote was 8-2 for cut (Fisher, Plosser dissented, preferred no change in rates)
[14:17] {Threei} - Uncertainty on inflation outlook remains high, labor markets have softended, financial markets under considerable stress
[14:17] {Threei} - Notes the substantial easing of monetary policy to date should help promote moderate growth over time
[14:17] {Threei} - Inflation seen moderating but will monitor carefully
[14:19] {dino} cme 3 buck spread
[14:20] {dino} ntrs s[pike
[14:20] {dino} nah
[14:20] {Threei} - Says readings on core inflation somewhat improved, but energy, commodity prices up, some inflation expectations have risen
[14:20] {Threei} - Board vote to cut discount rate was unanimous
[14:21] {Threei} NQ chart is something
- this change in the balance of risks statement was one of the anticipated signals that the Fed is now on hold. They also added that the 'substantial' easing to dated should promote growth, again signaling that they are ready to let the cuts that are now in place to work through the economy.
[14:22] {Threei} - the rest of the statement is largely unchanged: the FOMC reiterated it will 'act as needed' to promote it
[14:23] {dino} dbtk s .58 sm, stop .81
[14:24] {Threei} SIRI AND XMSR EXTEND MERGER AGREEMENT- agreed not to exercise their rights to terminate the Merger Agreement prior to May 15, 2008. SIRIUS and XM also announced that they have agreed to further extend the merger agreement, as necessary, for rolling two week periods unless either side notifies the other of its intention not to extend.
[14:29] {dino} ok i'll say it... that's the most boring fed reaction in years
[14:30] {dino} oh mannnnnnnnnnnn, swiper. i'm glad i have a tee time in 90 minutes
[14:42] {Threei} I have to agree, this is quite unusual reaction
[14:42] {Threei} sharp spikes in both directions is normal,
[14:43] {Threei} but staying locked in relatively narrow range for so long after that is not
[14:47] {Threei} AAPL seems to be the best follower
[14:47] {Threei} when direction finally resolves, I'd use it
[14:50] {bruce} economy is stalled vad
[14:50] {bruce} without you to spend your massive nigerian wealth we're all doomed
[14:50] {bruce} recession
[14:50] {bruce} depression
[14:51] {Threei} hmmm
[14:51] {Threei} see, here is the problem
[14:51] {Threei} I spent it, even before I obtained it
[14:52] {dino} back in 15
[14:54] {Threei} watching AAPL for bounce scalp
[14:56] {Threei} in
[14:56] {Threei} stop under .40
[14:56] {magoo} i got .58
[14:57] {Threei} beautiful
[14:57] {Threei} out
[14:57] {Threei} .10
[14:57] {Threei} +.45 for me
[14:57] {magoo} out .176
[14:57] {magoo} + .42
[15:00] {Threei} round 2 is coming
[15:01] {Threei} in
[15:01] {Threei} stop under .40
[15:01] {Threei} de ja vu
[15:02] {Threei} out
[15:02] {Threei} 175
[15:02] {Threei} +.36
[15:03] {bruce} wicked dump
[15:04] {Threei} something's causing it
[15:05] {Threei} feels like there is some development we don't know about yet
[15:06] {Roman} 21 RIMM dumping
[15:06] {Threei} what isn't? :)
[15:08] {bruce} indeed
[15:09] {Threei} could it be this:
[15:09] {Threei}
[15:12] {Threei} getting ready for AAPL again
[15:13] {Threei} in
[15:14] {Threei} stopped
[15:14] {bruce} too early - qs stil;l dumping
[15:14] {Threei} -.23 this time
[15:15] {bruce} now at yesterdays low in q's - bounce time here maybe?
[15:21] {dino} v. sm cme l 465.50
[15:23] {bruce} wow - upwards of 70 c spread in that puppy dino
[15:24] {dino} y, small
[15:24] {bruce} should work
[15:24] {bruce} odds of reversal good here
[15:25] {dino} needs dji help
[15:28] {dino} not happening, cutting it loose
[15:30] {bruce} \sheesh - qs exploring lows again
[15:31] {bruce} we really need to get this economy going
[15:31] {Threei} and I am charged with it?
[15:31] {Threei} again?
[15:31] {bruce} why not have vad cut checks for all the nice people in this trade room?
[15:32] {bruce} hmm - good guess vadster
[15:32] {bruce} \generous of you
[15:32] {bruce} we promise to spend it
[15:32] {bruce} reality trader stimulus package
[15:33] {Threei} see bruce... you made it very easy for me when said "nice"
[15:33] {bruce} just like ben b and george b
[15:33] {dino} seems i was off, went up, then down to flat now going up
[15:33] {bruce} thats the ticket
[15:33] {bruce} be nice
[15:33] {bruce} hard to tell here dino
[15:33] {Threei} awww... sold last AAPL wentry way too soon
[15:34] {bruce} you can reqad this pulp stuff way better than rest of us - possible exception of the vadster
[15:35] {dino} lol
[15:43] {dino} dbtk stopped .82 -..24
[15:43] {judijim} we like that the Reality Trader Stimulus Package, where do we sign up? Gone for today, be back AM.
[15:43] {Threei} take care jj
[15:46] {bruce} fccn scalp long cqandidate here
[15:46] {bruce} fmcn
[15:49] {bruce} out fmcn - quick scalp +.18 2 to 1 onrisk
[15:50] {dino} gj
[15:50] {bruce} thanx dino
[15:50] {bruce} small play
[15:55] {bruce} ubb - bigmobve today dino
[15:56] {dino} guess so
[15:59] {Threei} ok guys, thank you all
[15:59] {Threei} have a good evening, see you tomorrow
[15:59] {dptl} have a good evening all:)
[16:02] {dino} thx all
[16:02] {bruce} night all
[16:13] {magoo} nite all

Tuesday, April 29, 2008

Apr 29 2008

Session Time: Tue Apr 29 00:00:00 2008

[08:21] {Threei} SDTH
- Announced it has successfully added three international customers in the first quarter of 2008, and is in active discussions with more than 10 potential international customers.
[08:43] {hawkfan4} good morning
[08:43] {Threei} Good morning
[08:50] {dptl} good morning all
[08:50] {Threei} dp :)
[08:51] {Onix} Good morning all you hard-working people!
[08:51] {Threei} onix :)
[08:51] {Threei} that's flattering for us, very lazy types
[08:52] {hawkfan4} great, now i feel like i have to get out of my pj's :)
[08:52] {Threei} oh no
[08:52] {Onix} oh no, this scalping/trading business is very "hard" work ... well, difficult is the beter word I suppose
[08:52] {dino} gm all
[08:52] {Threei} that could start dangerous trend
[08:52] {Threei} dino :)
[08:53] {Threei} it's not really, Onix
[08:53] {Threei} or, I better put it this way
[08:53] {Threei} it is what you chose it to be
[08:54] {Threei} interestingly enough most sucessful are those who chose it to be fun
[08:54] {Onix} whaw ... that seems a long way off for me
[08:55] {Threei} follow the process, you'll get there
[08:55] {Onix} but I can see your point .. it could certainly be a lot of fun once you know what you're doing
[08:55] {Threei} yes, and the best part is:
[08:55] {Threei} it's not a rocket science
[08:56] {Threei} if there are obstacles on this path, those are barricades you erect within yourself
[08:56] {Threei} pure technicals aspects of trading ar fairly simple
[08:57] {Threei} unless you elect to mire yourself down in zillion of indicators and studies
[08:57] {Onix} have not read you latest part of the psychology on the blog, but I believe you 100%
[08:57] {Threei} as you can imagine, during my time in markets I've seen many failed traders,
[08:58] {Threei} so let me tell you this:
[08:58] {Threei} none of them failed because they couldn't get down technical aspects of trading
[08:58] {magoo} morning
[08:58] {Threei} literally, NONE
[08:58] {Threei} mags :)
[08:59] {Onix} so, reading the setups and the entering & exiting are not the worst of it?
[08:59] {Threei} some, not too may, failed because their personality was absolutely adverse to trading environment
[09:00] {Threei} most did because they never recognized where the major culprit is, or refused to do anything about it, or were too rigid to allow themselves to change
[09:00] {Threei} fact is:
[09:01] {Threei} your trading is reflection of who you are, because trading is just a part of life in general, and not a some kind of stand-alone application
[09:01] {magoo} so what was major culprit?
[09:02] {Threei} just like success in sports, in business, in relationships, and whatnot
[09:02] {Threei} requires interal changes in your mindset
[09:02] {Threei} so does success in trading
[09:02] {Threei} setups, entries, exits is secondary
[09:02] {Threei} and relatively simple part
[09:02] {Onix} so if you are a nervous, indecisive person, you will have a hard time in this environment?
[09:02] {Threei} not saying it's unnecessary
[09:03] {Threei} just saying it's not too complicated
[09:03] {Threei} ummm
[09:03] {Threei} you are oversimplifying it
[09:03] {Threei} it's all about how you apply it
[09:04] {Threei} nervous person can translate in careful trader
[09:04] {magoo} put up the blog link vad and oill go read it
[09:04] {Onix} OK I'll buy that one
[09:04] {Onix} thanks Vad
[09:04] {Threei} it's right on the homepage magoo
[09:05] {magoo} what is the major culprit?
[09:05] * Threei slaps magoo around a bit with a large trout
[09:05] {magoo} gonna make me go to home page??{lazy magioo}
[09:05] {fernp} gm all
[09:05] {Threei} fernp :)
[09:06] {GeoArb} gm
[09:07] {Threei} geo :)
[09:08] {esemde} good morning....
[09:09] {Threei} ese :)
[09:09] {esemde} had to reinstallreality trader program again this morning
[09:09] {esemde} bizarre
[09:10] {Threei} does whole program disappear or just a shortcut?
[09:10] {esemde} I think the program
[09:10] {esemde} because I have to reinstall
[09:11] {Threei} next time it happens, try to locate the program
[09:12] {esemde} will do
[09:12] {Threei} go to C, Program Files, look for RTC
[09:12] {Threei} if it's there, it's just a shortcut
[09:12] {Threei} and you can launch the program by clicking on mirc.32.exe
[09:12] {Threei} and restore shortcut by right click on it,
[09:13] {Threei} Create shortcut
[09:13] {esemde} the thing that comes up is the reality trader install connector
[09:14] {esemde} when i click on the destop icon it can't find the program
[09:14] {esemde} so i then just reinstall
[09:14] {bruce} didn't you just get computer cleaned for virus ese?
[09:14] {esemde} sure the tune of $150.00
[09:15] {bruce} thought so
[09:15] {esemde} it works better now for sure
[09:15] {Threei} wait
[09:15] {bruce} yes - except now glitches with installed programs
[09:15] {Threei} so shortcut is there but it's not finding the program
[09:16] {Threei} then right click on shortcut, Properties
[09:16] {Threei} and edit target so it pints to that mirc.32.exe
[09:18] {esemde} OK done...we'll see what happens tomorrow
[09:18] {bruce} cna looks like possible reversal candidate this am dino
[09:20] {Threei} interesting read for later:
[09:20] {Threei}
[09:21] {Threei} and general comment for today's and tomorrow's trading:
[09:21] {Threei} this FOMC rate decision is somewhat different from couple previous ones
[09:21] {dino} ua might be a bit of overreaction
[09:21] {Threei} those were clear cut case,
[09:21] {Threei} everyone knew what to expect
[09:21] {Threei} and it was kind of in the cards
[09:22] {Threei} as we near the end of rate cuts, both Fed action and market view of it become less clear
[09:22] {Threei} that's why we see this swampy action
[09:23] {Threei} let's continue being on defensive, for these couple days and see what transpires after
[09:23] {Threei} being out of earnings season and done with Fed, it should become more clear
[09:27] {dino} watchiong gil, ua, enr
[09:29] {bruce} k - thanx
[09:29] {dino} np
[09:30] {bruce} missed all of those ones this am when looking for gaps
[09:30] {markweb} GOOD MORNING ALL
[09:31] {esemde} mark
[09:31] {markweb} ese:)
[09:31] {bruce} uaua nice volume vad
[09:31] {bruce} hey mark
[09:31] {markweb} hi bruce:)
[09:32] {Threei} mark :)
[09:34] {Threei} need pullback on UAUA
[09:34] {bruce} out gil +.46c
[09:34] {bruce} sorry - no time to post
[09:35] {bruce} sheesh - there it goes - out way too early
[09:35] {esemde} bstop long SCOR 19.21
[09:36] {Threei} SOHU pullback entry around 71.50
[09:37] {Threei} firast strength from here
[09:38] {esemde} removed bstop went long at 19.20 SCOR
[09:38] {Roman}
21 long SEED off 7
[09:38] {Roman}
21 1/2 size
[09:39] {dino} wtg bruce
[09:39] {bruce} thanx dino - your find
[09:39] {bruce} moved quick - couldn't post - sorry
[09:40] {tomg} out sohu +.38, ty vad, but too jumpy for me
[09:40] {dino} oh mann, i just gave magoo 2 points in enr and i missed entry
[09:40] {Threei} wtg tom
[09:41] {dino} gj tom,
[09:41] {tomg} ty
[09:41] {bruce} no kidding tom - watching it - wicked mover - congrats
[09:41] {tomg} just luck :)
[09:41] {Threei} jumpy is bad only if you are opn a wrong side
[09:41] {Threei} othertwise it works for you
[09:41] {Threei} small size to control the risk, pullback entry...
[09:41] {Threei} COIN
[09:42] {esemde} out SCOR .49 full lot +.29
[09:42] {Threei} another jumpy one
[09:42] {Threei} wtg ese
[09:42] {magoo} vad, news POT?
[09:42] {esemde} now that one jumped up there fast
[09:42] {magoo} 14 down yestweer,
[09:42] {magoo} 6 today
[09:42] {Threei} 05:45am [POT] RBC Cuts POT to Sector Perform from Top Pick, price target: $300.00
[09:42] {Threei} 04/28/08 06:47am [POT] Removed from "Conviction Buy List" at Goldman Sachs
[09:42] {magoo} ah.....TY
[09:42] {dino} es gj
[09:43] {dptl} grabbed .+29 on scor ty ese
[09:43] {esemde} tks
[09:44] {esemde} that one was volitile dp....
[09:44] {Threei} UAUA pulled back considerably
[09:44] {dptl} yah small shares
[09:44] {dino} fast market today
[09:44] {dino} you guys are rocking today
[09:45] {Threei} .20 nearest support UAUA
[09:46] {dino} cgnx
[09:48] {dino} s cgnx sm .20, stop .61
[09:50] {Threei} RIMM spasm of happiness
[09:52] {magoo} wow
[09:52] {magoo} missed that
[09:53] {bruce} whats your feel for sndk break long vad?
[09:55] {dino} sm l gil .40
[09:55] {Threei} maybe for a quick scalp...
[09:55] {Threei} not my favorite type of stock
[09:55] {bruce} k-
[09:55] {Threei} tqnt
[09:59] {esemde} COIN
[09:59] {Roman}
21 in SEED
[09:59] {Roman}
21 1/2 7
[09:59] {esemde} bstop 10.65 1/2 lot COIN
[09:59] {magoo} l amzn .90
[10:00] {Threei} APR CONSUMER CONFIDENCE: 62.3 V 61.0E
[10:00] {Threei} Prior revised to 65.9 from 64.5
[10:00] {Threei} - 1-year inflation expectation at 6.8% v 6.1% prior
[10:01] {esemde} long COIN .64 decent fill
[10:01] {Threei} who would have thought consumer is so confident
[10:01] {bruce} its just you throwing all that nigerian money around vad
[10:02] {Threei} ah
[10:02] {magoo} half out amzn .37
[10:02] {bruce} nice one mags
[10:02] {magoo} should took full out
[10:02] {esemde} stop on COIN is .50
[10:03] {magoo} out rest here
[10:03] {esemde} man this thing spread bounces around
[10:03] {magoo} sh rimm loss 124]
[10:04] {dino} cgnx bstop to b/e
[10:04] {Roman}
21 ESLR interesting
[10:04] {magoo} not agAINST MARKET
[10:04] {bruce} csco scalp opportunity if .75 disappears
[10:06] {dino} gil stopped -.40
[10:06] {esemde} man look at that spread .65 to .74 at one point
[10:07] {esemde} don't like this stock Vad....
[10:07] {esemde} thank goodness for stops
[10:07] {Threei} [09:42] {Threei} another jumpy one
[10:08] {dino} ua l .30
[10:08] {dino} sm
[10:09] {dino} cgnx cov .80, +.40
[10:09] {bruce} ltr long reversal candidate dino
[10:10] {Threei} IMO, you are fine qwith this entry ese
[10:10] {dino} watching it
[10:10] {Threei} .50 is safe reliable place for a stop,
[10:11] {Threei} with right size damage will be minimal
[10:11] {esemde} come on....come on....if it breaks .75 it should get to 11.00
[10:11] {Threei} and if it takes .75, your potential is quite lucrative
[10:11] {Threei} risk/reward wise it's a well-managed and fairly valid trade
[10:12] {esemde} tks
[10:13] {esemde} have a good instructor
[10:14] {Threei} not working
[10:14] {esemde} damn....stopped
[10:14] {Threei} quite possibly a shakeout, but who cares
[10:15] {Threei} there are just two states to any trade
[10:15] {esemde} -.15
[10:15] {Threei} works or doesn't
[10:15] {esemde} still a good trade though
[10:15] {Threei} it is
[10:15] {Threei} or was
[10:16] {esemde} yep
[10:16] {esemde} followed NDX to a tee
[10:16] {esemde} NDX was bumping up against could have gone either way
[10:17] {Threei} magoo, you shorted RIMM off 124?
[10:17] {esemde} appears to be a shakeout
[10:18] {magoo} ah no..bidu off 367
[10:18] {magoo} covered 365.90
[10:18] {Threei} oh, I get it
[10:19] {Threei} RIMM is not enough adrenalin-laden for you
[10:19] {Threei} so you switched to BIDU
[10:19] {magoo} kind of same setup
[10:19] {magoo} can only handle 1 at time
[10:19] {magoo} same seup
[10:19] {magoo} setup
[10:19] {Threei} I'll wait for you to start trading GOOG to officially qualify you as adrenalin addict {G}
[10:23] {Threei} RIMM worth a long try if holding above .40
[10:24] {Threei} if loses, let it be for now
[10:25] {Threei} market sharp downtick, RIMM handled it rather well
[10:25] {dino} iclr big pullback
[10:25] {Chaeron} hi all
[10:25] {Threei} .55 long if not losing .40 anymore
[10:25] {Threei} chaeron :)
[10:26] {esemde} CCCCCHHHHH BABY!!!!
[10:26] {Threei} invalidated
[10:26] {Chaeron} heya ese!
[10:27] {Threei} no play until it loses 123
[10:27] {dino} sm l wide iclr .60
[10:27] {esemde} your here just in time for me to leave.....have and early day today
[10:27] {Chaeron} have a good one ese...
[10:27] {Threei} good selloff
[10:27] {dino} 62.60
[10:27] {esemde} see ya all
[10:27] {Threei} first strength from here
[10:28] {Threei} in
[10:28] {Threei} under .70 stop
[10:28] {magoo} got .86
[10:28] {Chaeron} .87 here
[10:28] {Threei} keeping it tight, better retry than sit on a bigger loss
[10:29] {Threei} break that 123 RIMM
[10:29] {magoo} out here
[10:29] {magoo} mkt downward
[10:29] {bruce} wehave double bottom on gil no dino - stop is to big for my taste here though
[10:30] {Threei} out .15
[10:30] {dino} y bruce, .15 area imo
[10:30] {Chaeron} .14 here +.27 thanks vad
[10:30] {Threei} probably has more in it but until Ben speaks its deep wisdom, I am in firm scalping mode
[10:30] {dino} a little busy w/iclr atm
[10:31] {Threei} its = feds
[10:31] {dino} atm=at the moment
[10:31] {bruce} k dino
[10:33] {dino} tson
[10:35] {dino} iclr stop to 65.80
[10:38] {dino} out iclr slippage .71,
[10:38] {dino} +3.11
[10:39] {Threei} eeck
[10:39] {bruce} v nice dino
[10:39] {dino} :), see above i posted
[10:39] {Threei} and ese called COIN jumpy
[10:39] {Chaeron} huge dino - congrats
[10:39] {dino} ty, lucky entry
[10:39] {Threei} but of course
[10:40] {Chaeron} more like you have skills :)
[10:40] {Chaeron} (ninja skills)
[10:40] {Threei} where was I when luck was distributed and dino appeared at the very front of the line
[10:41] {Chaeron} with me and magoo drinking
[10:41] {dino} you know my answer to that vad
[10:41] {Threei} ah... I knew that was a mistake... but too tempting
[10:41] {judijim} good morning all
[10:41] {Threei} I do dino :)
[10:41] {Threei} let me have my fun
[10:41] {Chaeron} hi jj
[10:41] {Threei} jj :)
[10:42] {dino} indeed sir
[10:43] {dino} gil bruce?
[10:46] {bruce} dk dino - overall feeling is that it will go long but is going to chop around for a while first so just watching for now
[10:47] {dino} i think whoosh down to 24.80s then up
[10:47] {dino} but what i think means nothing
[10:48] {bruce} good possibility - keeps flirting w lows
[10:48] {Threei} AAPL
[10:48] {dino} we missed easy tson s
[10:48] {Threei} .31 long
[10:48] {Threei} if holding above .15
[10:48] {Threei} invalidated
[10:50] {bruce} yes - late spike in it - may give another hance for short
[10:50] {tomg} tqnt here, vad?
[10:52] {Threei} I doubt it
[10:52] {tomg} ok, ty
[10:52] {Threei} trades anemically
[10:52] {Threei} if that's a word
[10:55] {dino} icyno sm l .01
[10:56] {dino} cyno that is
[11:00] {bruce} nice entry
[11:01] {dino} lucky
[11:01] {dino} was waiting for about 20 minutes
[11:02] {bruce} you've got resistantce at .38
[11:03] {dino} .71 i'm more concerned w/, pretty strong bottom in, good report. we'll see
[11:03] {bruce} ag reversla candidate dino
[11:03] {dino} rmbs
[11:04] {Threei} RMBS
[11:05] {dino} y ag bruce
[11:07] {magoo} aapl long .31
[11:07] {dino} ag partioal fill l .33
[11:07] {dino} wide
[11:11] {dino} cyno stop to .57
[11:12] {magoo} AAPL 1:1
[11:12] {dino} make it .61
[11:13] {dino} out cyno slip .59, +.58
[11:14] {bruce} cool beans dino
[11:15] {bruce} v nice agian
[11:16] {dino} ty
[11:16] {dino} gil stuck in the mud, need break out over .50 imo
[11:16] {dino} our more at .15 dump aruond .40
[11:17] {dino} ag, need oih help it seems
[11:17] {hawkfan4} nice AAPL call mags, thx
[11:18] {magoo} oh sorry..out .87 a sec ago
[11:18] {magoo} had it laid out there
[11:18] {hawkfan4} beat me, .84
[11:18] {magoo} good HAWKERSTEIN
[11:18] {hawkfan4} lol :)
[11:19] {bruce} gils just chopping now
[11:19] {bruce} ltr possible coming up now long .27 break w 10 c stop
[11:21] {dino} ugh cyno
[11:21] {dino} too tight, hit then ran
[11:23] {bruce} trying ltr long here 42.22 stop 4c
[11:25] {dino} gil lod
[11:25] {Threei} wtasching RIMM for break
[11:26] {dino} gl
[11:26] {Threei} if this retreat is shallow enough for a safe stop
[11:26] {Threei} .35 support
[11:27] {Threei} 1:1 easy
[11:27] {bruce} here comes your 24.80 projection in gil
[11:28] {magoo} out rim .63 TY vad
[11:28] {Threei} hard core scalping eh?
[11:28] {magoo} not me
[11:29] {magoo} i investor
[11:29] {Threei} yes, I know
[11:29] {Threei} VSEC big earnings but stock is horrifying
[11:29] {Threei} dino will short it at 38 though
[11:32] {dino} bruce!!!!!!!!!!ag hard stop 64.35 ty much
[11:33] {dino} locking in $1.02
[11:33] {bruce} welcome dino
[11:33] {dino} out ty +1.02
[11:33] {dino} you da man
[11:33] {magoo} good room effort today
[11:34] {Chaeron} I"m back and missed AAPL and magoo's RIMM..... might as well go home... nothing left
[11:34] {magoo} dino, bruce, vad all made me some ching ching
[11:34] {dino} now, i will crack everybody. best day i've had in months, and i'm only trading 300 shares. not as many rinses
[11:34] {bruce} lol - just glad it worked dino
[11:35] {dino} just shy 3x's daily
[11:35] {magoo} leave evryones crack alone
[11:36] {dino} crack everybody up i wanted to say
[11:36] {bruce} nice - we need to get to 4 then
[11:36] {magoo} 100 sh short bidu loss 371
[11:36] {dino} hmmmm, actually on vads' theory for daily stop at this point
[11:37] {Threei} nah
[11:37] {Threei} but tighten trailing stop on account to 2.5x
[11:38] {dino} potatoe potato
[11:38] {bruce} half out ltr +.14 - 3 to 1 on sirk
[11:39] {dino} gj
[11:39] {dino} gil wants 24.00
[11:40] {bruce} yes - gil in dumpster mode
[11:41] {bruce} glad we diddn't rry it long earlier
[11:41] {dino} i did, one stop on it way back
[11:42] {bruce} k
[11:43] {magoo} covered bidu here ..+ .50]
[11:43] {Threei} RIMM .36 long, .19 stop
[11:45] {Threei} AAPL .51 long if holding above .35
[11:49] {Threei} big offer gets eaten on RIMM
[11:49] {Threei} interesting
[11:49] {magoo} prob roman vad
[11:49] {Threei} partialing in?
[11:54] {Threei} somehow it feels like market prepares ramp up
[11:54] {Threei} not sure why, chart is indifferent at the moemnt
[11:55] {Threei} I am more inclined to buy pullbacks for bounce than to short
[11:58] {dino} axys drop
[11:59] {bruce} stopped balance ltr +.03c
[12:00] {dino} gj
[12:02] {dino} gil sm l .28
[12:04] {bruce} was wndeing about it dino- no blowoff volume spike yet
[12:07] {dino} sometimes you just gotta say..........
[12:07] {bruce} str reversal candidate here dino
[12:08] {bruce} l str .86 stop 10 c
[12:10] {dino} str watch oih imo
[12:12] {bruce} lol- in that cawse - bad news
[12:12] {dino} good report, big drop, oil
[12:15] {bruce} stopped str -11c
[12:16] {dino} gil stop to .68
[12:17] {dino} stopped +.40
[12:17] {bruce} nice one
[12:17] {dino} opps, +.38
[12:18] {dino} ty
[12:18] {dino} taking a break
[12:18] {GeoArb} wasnt he spread too tight for you dino? :)
[12:19] {dino} lol
[12:22] {bruce} g back to lod dino
[12:24] {bruce} ag that is
[12:26] {Threei} pullback closer to .50 RIMM for long with stop under .40
[12:30] {dino} i watching it bruce
[12:32] {dino} powi
[12:32] {GeoArb} news on powi?
[12:32] {GeoArb} or on scanner?
[12:33] {Threei} nothing fresh
[12:33] {Threei} missed earning last week
[12:33] {GeoArb} i was curious how dino got it
[12:33] {GeoArb} as they just mentioned within one sec
[12:33] {GeoArb} that it got downgraded
[12:34] {GeoArb} in TTN now
[12:34] {GeoArb} he got it befor news !!
[12:34] {dino} scanner
[12:34] {GeoArb} up down?
[12:35] {Threei} look 2 days breakdown Geo
[12:35] {GeoArb} ok....
[12:36] {GeoArb} thanks
[12:36] {GeoArb} i have free news strike
[12:36] {Threei} 12:28 first alert
[12:36] {dino} just my scanner kicking them out geo, .07 increments, when they hit a few times fast, i pull the carts up
[12:36] {GeoArb} they mentioned that briefing trader downgraded
[12:37] {GeoArb} u use intelli=scan too dino?
[12:39] * Threei slaps Laserdave1 around a bit with a large trout
[12:39] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:40] {dino} no scwab street smart pro (old cyber)
[12:40] {GeoArb} yeah thats what i remembered... thanks heheheh you get it before news
[12:41] {Threei} news obviously hit earlier somwhere
[12:41] {GeoArb} ill get the 2 day scan up vad
[12:41] {GeoArb} thanks
[12:41] {Threei} yeah, first appearance there was quite early
[12:42] {Threei} ARBA
[12:42] {Threei} .43 is nice break on daily but top of the spike on intraday
[12:42] {Threei} I'd prefer little pullback, then break
[12:44] {Threei} so far market acts in accordance with what I felt:
[12:44] {bruce} mon long candidate dino - tricky one
[12:44] {Threei} pullback, return to the high,
[12:44] {Threei} now break of intraday high is needed to launch rally
[12:45] {Threei} ARBA is trying
[12:45] {Threei} if you go for it, stop under .30
[12:47] {dino} sidetracked for bit
[12:47] {dino} darn missed powi
[12:50] {magoo} whats arba entry
[12:50] {Threei} oil 116?
[12:50] {Threei} .43 melting magoo
[12:50] {magoo} ty
[12:51] {magoo} i like rimm long near 124 w/mkt up
[12:51] {Threei} me too
[12:52] {Threei} if what I feel materializes, 125 will be in cards
[12:52] {Threei} hard to tell how many shakes along the way... this is one jittery market
[12:53] {magoo} and if so..175 aapl too
[12:53] {dino} ag sm l .00
[12:54] {magoo} u just bought mine l0ol'
[12:54] {magoo} lol
[12:54] {Threei} that's true brotherhood
[12:56] {dino} so now it will work, huh?
[13:00] {dino} cyno l .01 sm
[13:03] {dino} gifi strange
[13:07] {Threei} long period of indecisiveness
[13:08] {dino} ag stopped thx for nothing magoo
[13:08] {Threei} bodes well in "never short dull market" thesis
[13:09] {bruce} don't look at gil dino
[13:10] {Threei} come on NQ
[13:11] {Threei} break 1932 and let's show shorters what dumb enthusiasm is capable of
[13:12] {Threei} here we go
[13:13] {dino} i see it
[13:13] {bruce} fdp long bounce candidate dino
[13:13] {bruce} lol
[13:13] {bruce} told you nolt to look
[13:18] {dino} :)
[13:18] {dino} fdp, hmmm
[13:18] {bruce} that was our 2 bucks
[13:19] {bruce} yes - wondering about it - one hell of a drop
[13:21] {dino} indm
[13:21] {dino} bad report
[13:22] {bruce} k
[13:25] {dino} fdp sm l .25
[13:28] {dino} navg algt
[13:32] {Threei} NQ slowly doing it
[13:32] {Threei} far from done
[13:34] {Threei} don't know if ARBA can break .50
[13:34] {Threei} serious wall there
[13:34] {magoo} lol
[13:34] {dino} .
[13:34] {Threei} looks like it's likely to... but keep stop at .38
[13:43] {dino} fdp stopped -.40
[13:44] {bruce} same dino- pos
[13:44] {dino} rinsed
[13:45] {dino} heck of an air pocket
[13:46] {bruce} yes - bigger stop than I wanted
[13:50] {dino} cyno stop to .39
[13:51] {Threei} good boy ARBA
[13:51] {Threei} feel free to take scalp as you see fit
[13:55] {Threei} you all asleep or someone is still standing?
[13:56] {magoo} .
[13:57] {judijim} hanging in:)
[13:58] {Threei} anyone got ARBA? RIMM?
[13:58] {dino} no i
[13:58] {dino} not
[13:59] {Threei} why do I even bother... :)
[13:59] {hawkfan4} i got RIMM vad, thanks :), +.48
[13:59] {Threei} whew
[13:59] {Threei} no, thank you
[13:59] {GeoArb} because you love us
[13:59] {Threei} ummmm
[13:59] {GeoArb} (figuratively)
[13:59] {Threei} very
[13:59] {Threei} lol
[14:00] {dino} fdp what the heck
[14:00] {bruce} we got faked out dino
[14:01] {dino} ya think, :)
[14:01] {dino} that sucks
[14:01] {Threei} POT
[14:01] {dino} off of 31.70ish maybe try long, if it goes there
[14:02] {bruce} yes - gonna wqatch it to se what comes up in it
[14:07] {bruce} out fic - quick scalp +.15c - 2 to 1 on risk
[14:08] {dino} cyno stop to .46
[14:08] {Threei} RIMM is on its way to 125
[14:10] {dino} good call
[14:10] {Threei} ty... I have my moments
[14:10] {dino} darn missed cme today, nioce run
[14:12] {bruce} thanksdino - say it took it - sorry agin - no time to post
[14:13] {bruce} those are my prefered trades - with with risk half or less of probable return
[14:14] {Threei} (UK) BOE'S BLANCHFLOWER: NOT TOO LATE TO AVOID UK RECESSION, BUT IF YOU WAIT TOO LONG, IT MAY BECOME TOO LATE- Says recent data is a worry; oil, food prices 'look like bubbles
[14:15] {dino} gj
[14:15] {dino} cyno slipped out .41 ave +.40
[14:15] {bruce} watching ag now to see if we get double botom setup
[14:16] {bruce} niceone dino
[14:16] {dino} fdp bruce coming down again
[14:19] {bruce} yes
[14:19] {dino} that thing is fast
[14:20] {bruce} yes - your preferred animal
[14:20] {bruce} double bottom n ag now but not tickled w 70 c stop
[14:21] {Threei} beautiful action NQ
[14:21] {Threei} let me reiterate... "never short dull market"
[14:21] {bruce} fdp dumped 7 bucks - so its got lots of room to retrace it we get a decent entry
[14:23] {dino} problem is it drops fast to .70-.90, then spikes fast to .40
[14:23] {dino} waiting at .70
[14:25] {Threei} direct hit RIMM
[14:26] {dino} eglt
[14:27] {Threei} premonition of the day
[14:27] {Threei} [11:54] {Threei} somehow it feels like market prepares ramp up
[14:27] {Threei} [11:54] {Threei} not sure why, chart is indifferent at the moemnt
[14:27] {dino} earnings after close,. eglt
[14:28] {judijim} good scalp on rimm +.20 thanx
[14:28] {bruce} hmmm - range trade dino?
[14:29] {Threei} jj :)
[14:30] {dino} eglt?
[14:32] {Threei} SCOR
[14:33] {dino} cyno l sm .15
[14:43] {dino} cyno stop to .51
[14:43] {dino} ksws
[14:43] {dino} nah
[14:43] {bruce} l ag .74 stop 20c
[14:44] {bruce} out ag - quick scalp +.25
[14:44] {Threei} oh goodie
[14:44] {dino} nice entry ag
[14:45] {bruce} thanx dino- maybe shoulda held for more
[14:45] {bruce} exitlooks pretty pathetic
[14:45] {dino} flat or up is good imo
[14:47] {bruce} may give us another entry
[14:47] {dino} cyno to .59
[14:47] {bruce} I think it'll retrace to about 63
[14:47] {dino} .75 problem cyno
[14:48] {dino} out cyno .58, +.43
[14:48] {bruce} nice one
[14:48] {bruce} dino's buying the beer
[14:48] {dino} ty, been good to me today
[14:48] {bruce} everyone invited
[14:49] {dino} lol, would luv a beer, but son's baseball game tonight and i coach
[14:49] {Threei} your presence is not mandatory dino
[14:50] {Threei} we can drink your beer while you are busy
[14:50] {dino} ouch, is my nose bleeding, vad tagged me
[14:50] {dino} don't give magoo ideas
[14:50] {Threei} of course would be happy to have you at your party... but if you can't be there...
[14:50] {Threei} lol
[14:50] {bruce} lol - excuses excuses
[14:50] {dino} ag big pullback
[14:52] {bruce} want it around .50 dino
[14:55] {Threei} feels like one last push upward before it's over
[14:56] {dino} as we know it, yes
[14:56] {dino} f'ing fdp
[14:56] {dino} eglt approaches lod
[14:59] {dino} don't even look at iclr
[15:01] {judijim} have a great rest of the trading day, we done and in the +, yeah, be back tomorrow
[15:01] {judijim} or better we're done
[15:02] {dino} gj jj
[15:03] {Threei} takee care jj
[15:03] {Threei} wow... server dump
[15:05] {GeoArb} back
[15:06] {Chaeron} .
[15:07] {dptl} wow am i here?
[15:07] {Chaeron} yep dp
[15:07] {dptl} thx
[15:10] {Threei} lovely
[15:10] {dino} .
[15:17] {dino} ag
[15:27] {dino} ag sm l .15
[15:27] {Threei} rally is pretty much for today
[15:28] {magoo} huh??
[15:28] {Threei} opretty much done that was
[15:34] {Threei} look to short RIMM into bounce closer to 127
[15:41] {dino} ag stopped done w/it -.45
[15:41] {dino} too tough
[15:44] {dino} can you say rinse?
[15:46] {magoo} yeah..but can't spell it
[15:47] {Threei} lol
[15:47] {Threei} feel free to cover RIMM
[15:54] {Threei} thank you all, have a good evening
[15:54] {Threei} see you tomorrow
[15:54] {dptl} have a good evening all:)
[15:54] {magoo} thanx vad

Monday, April 28, 2008

Apr 28 2008

Session Time: Mon Apr 28 00:00:00 2008

[08:14] {Threei} 04/28/08 00:02am
[08:14] {Threei} [SOHU] Inc Reports Q1 $0.64 v 0.37e, R $84.8M v 69.3Me
[08:14] {Threei} - Gross margins 76% v 61% y/y
[08:14] {Threei} - Guides Q2 EPS $0.72-0.75 v 0.44e, R $93-96M v 77.4Me
[08:14] {hawkfan4} nice 9 point bump on SOHU
[08:17] {Threei} [YHOO] Yahoo! Inc Microsoft's self-imposed deadline for YHOO expired at midnight
[08:17] {Threei} -Some analysts feel with the expiration passed, it may be an all-clear for MSFT to go hostile and begin a proxy fight.
[08:17] {Threei} -Yahoo's Board meeting is scheduled for 7/12/08. Microsoft is expected to launch an exchange offer - in which if offers YHOO holders the ability to exchange their stock for a combination of cash and MSFT sock - and simultaneosly campaign to replace Board members ahead of this meeting.
[09:02] {dino} gm all
[09:02] {Threei} dino :)
[09:03] {fernp} good morning
[09:03] {Threei} fernp :)
[09:08] {GeoArb} gm
[09:08] {Threei} geo :)
[09:10] {Onix} gm all
[09:10] {Threei} onix :)
[09:18] {Threei} not much happens aside of SOHU/SINA
[09:24] {esemde} good morning
[09:24] {Threei} ese :)
[09:26] {esemde} don't know if this is happening to any of the rest of but link to this trading room keeps disappearing of my desktop if I don't log onto to it everyday...?
[09:26] {Threei} wow
[09:26] {patience} morning ese, doens't happen to me
[09:26] {ThurstonHowellTheThird} gm all
[09:26] {Threei} thtt :)
[09:26] {esemde} morning patience....this is the 3rd time in 2 weeks for me
[09:26] {Threei} do you have some setting that cleans out icons not used on daily basis?
[09:27] {esemde} don't think so
[09:27] {esemde} where would i check that
[09:27] {Threei} my comp now and then suggests me to clean those that I didn't use for a while
[09:28] {markweb} good morning all
[09:28] {Threei} I'd imagine there is some setting that outs it on auto somewhere... not sure, will have to look
[09:28] {Threei} mark :)
[09:28] {markweb} :)
[09:28] {esemde} mark...THTT..
[09:28] {esemde} morning
[09:28] {markweb} ese:)
[09:29] {bruce} adsk worth watching as break high candidate vad
[09:29] {dino} not happening here es
[09:30] {dino} ilmn smacked
[09:30] {esemde} tks dino
[09:31] {Threei} ADSK high .50 from Fri
[09:31] {Threei} if holding above .30, worth a try
[09:31] {Threei} SEED
[09:31] {Threei} .60 meltdown, very risky
[09:32] {dino} v sm cme l 482
[09:35] {dino} watching sigi again ruce
[09:35] {dino} bruce
[09:36] {magoo} morning
[09:36] {Threei} magoo :)
[09:38] {dino} cme stopped
[09:42] {Threei} anyone got first SEED run?
[09:43] {Threei} watching if it forms new one
[09:43] {esemde} not i Vad
[09:43] {tomg} ty seed, vad
[09:43] {Threei} welcome
[09:43] {esemde} was watching BEAV for bstop at 42.01
[09:44] {esemde} and NTES of which i just missed
[09:45] {esemde} although NTES could bounce aroun 21.2
[09:46] {Threei} JNPR 27.01 long if stays above .85
[09:50] {esemde} NTES 1/2 lot long .25
[09:51] {dino} mco l .00, stop .69
[09:51] {esemde} we'll se if we get a bounce out of this
[09:51] {esemde} NDX bouncing up so we'll see
[09:54] {Threei} sigh
[09:55] {Threei} JNPR over 1:1
[09:55] {ThurstonHowellTheThird} +.15 jnpr ty
[09:56] {dino} gj
[09:56] {Threei} :)
[09:56] {esemde} out NTES .50
[09:56] {esemde} +.25
[09:56] {Threei} wtg
[09:57] {esemde} tks
[09:57] {Threei} SEED and COIN...
[09:57] {esemde} slowly pecking away these days...a little here a little there
[09:58] {Roman}
21 long SOLF
[09:58] {Roman}
21 small
[09:59] {Threei} SEED, momo play, very risky... another setup is .7.05
[10:01] {dino} fstr sm l .50
[10:01] {Threei} stop under 6.90 SEED
[10:02] {Threei} if you pared JNPR, stop for the balance is .99
[10:03] {esemde} STP bstop 45.01 1/2 lot
[10:04] {esemde} if it stays in the .80 to .00 range
[10:05] {Threei} SEED will probably be a play again later
[10:05] {Threei} but pullbacks on it can be brurtal
[10:05] {Threei} don't want to sit through those
[10:05] {esemde} STP bstop invalidated...
[10:07] {Threei} we have FOMC on Wed
[10:07] {Threei} going to be interesting junction
[10:08] {Threei} JNPR little champ eh
[10:09] {esemde} who knows anything about HNSN...i'm liking a bstop at 18.21
[10:09] {Threei} MATK
[10:09] {Threei} looks like nice spot for pullback entry
[10:09] {Threei} crossback over .50
[10:10] {Threei} smallish shares
[10:10] {Threei} stop will depend on where it bottoms out
[10:10] {Threei} OK, stop under .35
[10:11] {esemde} i'm game...vad long .48
[10:11] {Threei} JNPR over 1:2
[10:12] {Threei} wake up MATK
[10:12] {esemde} stop .35
[10:13] {Threei} what's with all the happiness
[10:13] {dino} you pessimist
[10:13] {Threei} lol
[10:14] {Threei} just want to know what the whole world is so happy about so I could join
[10:14] {dino} why not?
[10:17] {Threei} no worky MATK
[10:17] {esemde} stopped matk....quelle drag
[10:17] {dino} amed
[10:19] {Threei} ugh SEED
[10:19] {Threei} too tight stop
[10:23] {dino} fstr stopped -.40
[10:28] {Threei} ese, look dcc please
[10:29] {judijim} good morning all
[10:29] {Threei} jj :)
[10:32] {Threei} ELNK... blast from the past
[10:33] {dino} sigi l .72, stop .49
[10:35] {Chaeron} GM all
[10:35] {Threei} chaeron :)
[10:37] {Threei} no one stayed in JNPR?
[10:37] {Threei} just want to know if I can take it off the screen
[10:37] {magoo} i took .255
[10:37] {Threei} wow... that's a very precise exit
[10:38] {magoo} SOHU looks long here
[10:38] {bruce} brp dino - thin one
[10:38] {magoo} damm..was .60 whuile typing
[10:38] {Chaeron} nice spot tho magoo
[10:39] {magoo} really starting to appreciate
[10:39] {magoo} i wanted .60 ..typed its gone
[10:39] {magoo} pointer
[10:39] {magoo} u good vad
[10:40] {dino} bank of brazil huh?
[10:40] {Threei} lol mags
[10:40] {dino} last try fstr l /80, stop lod
[10:41] {dino} telecom, sorry bruce
[10:41] {bruce} k dino
[10:45] {Threei} OME
[10:45] {Threei} fertilizer industry
[10:47] {Chaeron} politics?
[10:47] {bruce} fisv looks like longcandidate dino
[10:49] {dino} w/mkt help y
[10:53] {Threei} SEED is officially disgusting
[10:55] {Threei} {SOHU} if I can return to 70 and break it, who is to say I can't go couple points more
[11:02] {Threei} RIMM
[11:02] {Threei} .70 support
[11:02] {Threei} feels like another market and RIMM run is coming
[11:06] {Threei} new highs RIMM, not even waiting for NQ
[11:09] {Threei} market sharp downtick
[11:14] {dino} sigi stop to .69
[11:17] {dino} fstr stop to .10
[11:18] {dino} make it .20
[11:20] {bruce} ltr long candiate dino - would prefer to see it drop a bit first
[11:22] {dino} hmm will watch it
[11:23] {dino} fstr to .40
[11:26] {Threei} RIMM .61 long
[11:26] {Threei} stop under .40
[11:27] {Chaeron} in .62
[11:27] {dino} sigi to b/e, can't get it to move
[11:28] {dino} fstr major slip, out aver .33, +.53
[11:29] {Chaeron} nice dino
[11:30] {dino} ty
[11:32] {esemde} OK am back off the phone...whats goin on?
[11:32] {Threei} not much
[11:33] {esemde} hmmm nothing that i can buy 2000 or shares of ...have it go up 30 budcks and call it a day.....
[11:33] {Threei} NQ is trying for spike... indecisive yet
[11:34] {esemde} ahhhhhh
[11:34] {Chaeron} help it make up its mind Vad... 2x4?
[11:35] {esemde} have heard thats effective in some situations
[11:35] {Threei} in most, I'd say
[11:35] {Chaeron} sometimes vad just needs to show it
[11:36] {Threei} no worky RIMM
[11:36] {Chaeron} stopped RIMM
[11:37] {esemde} well i'mm otta here until tomorrow...I have Afghanie
[11:37] {esemde} Firefighters
[11:37] {magoo} sohu long .15
[11:37] {esemde} visiting my class today
[11:37] {magoo} dam
[11:37] {magoo} fast
[11:37] {Threei} take care ese
[11:37] {esemde} see ya vad
[11:37] {Chaeron} bye ese!
[11:37] {dino} later es
[11:37] {esemde} see ya boys
[11:38] {Chaeron} dang it... now it spikes
[11:38] {Threei} NQ shakeout...
[11:50] {Threei} JNPR
[11:50] {Threei} .51 for a scalp
[11:51] {Threei} if stays above .45
[11:51] {bruce} l ltr 42.32 stop 10 c
[11:54] {Threei} great RIMM... you were supposed to do that 20 min ago
[11:59] {judijim} taking am break, be back
[12:02] {Threei} CRAY
- Signed a multi-year agreement to advance high-performance computing (HPC) on Intel microprocessors while delivering broad new Intel and Cray technologies in future Cray server systems
[12:02] {Threei} - The two companies plan to explore future supercomputer component designs such as multi-core processing and advanced interconnects. As a result of this collaboration, Cray and Intel plan to develop a range of HPC systems and technologies over the next s
[12:04] {Threei} what a yawny excuse for a day
[12:05] {Chaeron} JNPR doesn't work
[12:05] {Threei} nope... all it could move was 4 cents
[12:05] {Chaeron} yawn
[12:06] {Chaeron} market has a hangover
[12:06] {dino} big time
[12:06] {Threei} or can't decide what to make of Wed FOMC rate decision
[12:06] {dino} feels like friday morning all over
[12:08] {Threei} while market is looking for Akla Zeltser, read last blog post conclusding psychology mini-series
[12:11] {dino} sgr l .10, stop .79
[12:14] {bruce} half out ltr +.21
[12:18] {bruce} out balance ltr+.32c
[12:18] {Chaeron} cmon market... impress me.....
[12:20] {Threei} which way?
[12:20] {Chaeron} up would be nice
[12:21] {Threei} if reverses, AAPL is better follower with suport of .50
[12:21] {Threei} RIMM is not really a player with market today
[12:22] {dino} nice spot ltr bruce
[12:23] {bruce} thanx dino
[12:23] {bruce} think it will go to 43 but just wanted scalp since market is so soft
[12:23] {bruce} you get it?
[12:23] {dino} undrestood
[12:24] {dino} no wanted double bottom entry
[12:24] {bruce} k
[12:25] {bruce} we had it at .24
[12:25] {bruce} sigi may be ready to move now
[12:26] {dino} trades slow, but safe
[12:26] {dino} stop is .74
[12:26] {bruce} lol - yes - till it spikes
[12:29] {bruce} there ltr above 43 as expected - damn - wish I'd had guts to hold
[12:29] {dino} a scalp's a scalp bruce, you did well
[12:30] {bruce} thanx -better than 2 to 1 on risk - so satisfied overall -
[12:31] {bruce} tough day overall though - nothing really moving at all
[12:31] {Threei} anyone managed to catch AAPL?
[12:34] {Threei} POZN
[12:37] {Threei} AAPL seems to be catching momentum
[12:41] {Threei} two headlines that probably explain RIMM/AAPL divergence
[12:41] {Threei} 04/24/08 05:58pm
[12:41] {Threei} [RIMM] Research in Motion Ltd The 3G version of the BlackBerry is facing delays - Fortune
[12:41] {Threei} - According to Fortune's Scott Moritz sources close to RIMM and AT&T say that the new 3G model has been delayed to as late as Aug from the originally expected June release.
[12:41] {Threei} APPLEINSIDER REPORTS APPLE HAS PLACED ORDERS FOR 24M-25M UNITS OF THE NEXT GENERATION 3G IPHONE- cites a Chinese language periodical, stating that a key component supplier has been given an order to procure component materials for the new iPhone.
[12:42] * Threei slaps Laserdave1 around a bit with a large trout
[12:42] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:42] {Laserdave1} nice to see u guys as well
[12:53] {Threei} SEED is trying again
[13:04] {dino} mco stop to .31, all day-er
[13:04] {Threei} AAPL fels like rally candidate
[13:05] {Threei} hard to find exact entry, see if you can get a read
[13:06] {magoo} sohu too vad
[13:07] {dino} sigi stopped +.02
[13:10] {dino} out mco .40, +.40
[13:12] {Threei} anyone found AAPL entry?
[13:12] {hawkfan4} .78 small here
[13:13] {magoo} i took 172.58
[13:14] {Threei} one more spike it feels
[13:14] {Threei} don't oversit
[13:15] {hawkfan4} out .11
[13:15] {Threei} good out
[13:15] {magoo} out
[13:15] {magoo} TY]
[13:16] {Threei} market is jittery
- Treasury is focused on helping owners who want to stay in homes and have financial ability to do so
[13:16] {Threei} - Says the current market woes are not unusual, and sees continued market challenges in months ahead
[13:17] {dino} silc hl l .40
[13:18] {dino} chco spike
[13:29] {Threei} RIMM is fairly weaker than AAPL
[13:29] {magoo} SOHU
[13:29] {Threei} would be my short candidate
[13:29] {Threei} 123 resistance, if market turns down sharply
[13:30] {Threei} no shorting against NQ
[13:33] {Threei} 123.20 next closest resistance
[13:34] {Threei} still strength NQ
[13:34] {dino} hod
[13:42] {Threei} .99 short RIMM
[13:42] {Threei} if stays below .10
[13:43] {Chaeron} in .98
[13:44] {magoo} me to
[13:44] {Threei} stop either .15 or .30
[13:44] {Threei} depending on your objectives
[13:44] {Threei} both are valid
[13:44] {Threei} me personal preference is to keep it at .15 and retry if stopped
[13:45] {Threei} shouldn't though... looks like down is the way now
[13:45] {Chaeron} I want a buck :)
[13:46] {Threei} well... you remember friday
[13:46] {Threei} went 50 cents, retreated all the way back, then went dollar and half
[13:46] {Threei} hard to tell shakeout from valid change of direction
[13:47] {Threei} NQ at resistance
[13:47] {Threei} if turns down from here, action is right
[13:47] {Threei} if goes above 1940, no idea
[13:49] {dino} scor
[13:51] {magoo} stopped
[13:51] {Threei} no fresh news SCOR
[13:52] {Threei} SOHU
[13:53] {Threei} NQ strength again
[13:53] {dino} scor l .60
[13:54] {dino} didn't expect that bid to hit
[13:57] {Threei} second attmpet
[13:58] {Threei} got .16 on this last spike
[13:58] {Threei} stop is naturally above .30
[14:01] {Threei} OPEC says oil prices may soar as high as $200/barrel
[14:01] {Threei} sure, if you continue cutting down production
[14:01] {Threei} doesn't it sound like economic war?
[14:02] {Chaeron} I remember doubting when I heard rumors of $60/bbl
[14:04] {dino} t some point, it won't matter, as replacements fuels will kick in
[14:04] {Threei} I don't doubt anything anymore
[14:04] {dino} 2 years give or take
[14:04] {Threei} oil is going to 300, gold to 2500
[14:05] {Threei} NASDAQ back to 5000
[14:05] {Threei} QCOM to 700
[14:05] {dino} of course, when we stop lowering rates and dollar gets stronger, they all drop
[14:05] {Threei} BXMNF will rise from ashes and go to 100
[14:06] {Threei} oh, and KTEL...
[14:06] {Chaeron} lol
[14:07] {Chaeron} make announcement that US will tap ANWAR and Dakotas... oil loses $40
[14:07] {Threei} not much room left to cut them dino...
[14:07] {Chaeron} oh that and 6 refineries to be built in next 5 years
[14:08] {dino} my point. and eupose is tanking, so they drop, we sit, dollar up, oil down...time will tell
[14:08] {dino} europe
[14:19] {Threei} over 1:1 RIMM
[14:20] {Threei} covered half
[14:20] {Threei} .21 stop for the balance
[14:23] {dino} scor stopped -.40
[14:30] {dino} silc stopped .26 -.14
[14:32] {Chaeron} out of all your longs dino?
[14:34] {dino} y
[14:34] {Chaeron} in that case, Vad please knock the crap outta the market and RIMM
[14:34] {dino} lol & th
[14:34] {Threei} where you are in from?
[14:34] {dino} ty
[14:35] {Chaeron} .98
[14:35] {Chaeron} 1:1 here
[14:35] {Chaeron} but teetering... I'd like more... please sir
[14:37] {Chaeron} out .81.. thanks Vad
[14:38] {Threei} ah come on... I almost lost all feelings in my arm swatting RIMM
[14:38] {Threei} and you are out
[14:39] {Chaeron} want me to reenter?
[14:39] {Threei} lol
[14:40] {dino} sbr l .50 last try
[14:40] {dino} sgr
[14:57] {Threei} watching AAPL for long entry, closer to 173
[14:57] {Threei} in
[14:57] {Chaeron} me too... .03
[14:57] {Threei} stop under .90
[14:57] {Threei} can take several tries as they all do now
[14:58] {Threei} shake and return back
[15:01] {Threei} half out .25
[15:05] {Threei} come on
[15:05] {magoo} no kidding
[15:06] {magoo} l sohu .19
[15:10] {Threei} is it a reason for celebration really?
[15:11] {Threei} out AAPL balance
[15:12] {Threei} why do I bother wirty attempts to partial
[15:12] {Chaeron} made sense in diff mkt?
[15:15] {magoo} SOHU worx
[15:15] {magoo} .90 cents so far
[15:16] {Threei} good one
[15:16] {magoo} [15:06] {magoo} l sohu .19
[15:25] {dino} geoi
[15:26] {Threei} now what?
[15:28] {Threei} I don't see any news for this drop
[15:33] {Threei} what is 5 years fixed mortgage rate in US at this point?
[15:33] {dino} 30 yr. is 6.10
[15:34] {dino} would have it vad
[15:34] {Threei} can't compare that one... got 5 years by any chance?
[15:36] {Threei} yahoo shows only ARM for 5 years for some reason
[15:38] {dino} dk vad, commercial is prime +, depending on your credit status, usually 5.25 +.25 or .50
[15:41] {Threei} best one can get here right now is 5.44
[15:42] {judijim} signing off, have a good one everyone
[15:42] {Threei} take care jj
[15:42] {dino} check the, they have some low offers
[15:43] {magoo} bye j & j
[15:44] {Threei} the small ag stocks take turns
[15:44] {Threei} first was FEED
[15:44] {Threei} then SEED
[15:44] {Threei} now COIN
[15:45] {Threei} the = these
[15:46] {dino} sgr stopped -.28
[15:47] {Threei} one stock to keep and eye on guys
[15:48] {Threei} chinese construction,
[15:48] {Threei} while chinese market contracted by half, this one went from high about 25 to 5,
[15:48] {Threei} and with all the construction, Olympics etc, likely to get some attention
[15:48] {Threei} RCH
[15:52] {Chaeron} that on AMEX?
[15:53] {Threei} yes
[15:53] {Threei} what's with sudden panic
[15:53] {Threei} no single word on wires
[15:54] {Threei} paranoid market
[15:54] {Threei} let's already hike rates and get it over with
[15:58] {Threei} thank you all, have a good evening
[15:58] {Threei} try to get enough sleep till tomorrow, it's obcviously hard to keep eyelids open
[15:58] {Threei} see you tomorrow
[15:59] {Chaeron} thanks... bye Threei
[16:01] {dino} gn all

Friday, April 25, 2008

Apr 25 2008

Session Time: Fri Apr 25 00:00:00 2008

[08:45] {Threei} Good morning
[08:45] {hawkfan4} good morning Vad, all
[08:45] {Threei} interesting opening
[08:45] {Threei} hawk :)
[08:46] {Onix} Good morning sloggers
[08:46] {Threei} NQ is up 8-10, even though earnings announced yesterday were not particularly stellar
[08:46] {Threei} onix :)
[08:46] {Threei} especially MSFT
[08:53] {fernp} gm
[08:53] {Threei} fernp :)
[08:58] {dptl} good morning all
[08:58] {Threei} dp :)
[09:04] {Threei} replay is working for everyone now?
[09:04] {Onix} Quite a few big guns down: MSFT, YHOO, RIMM, INTC ?? but futures up?
[09:04] {Threei} that's what caused my [08:45] {Threei} interesting opening
[09:05] {Onix} maybe we get whipsawed today?
[09:05] {GeoArb} gm
[09:05] {Threei} geo :)
[09:12] {Onix} Futures very steady could mean good open with slow up movement?
[09:13] {Threei} so far, yes
[09:13] {Threei} but this is friday
[09:13] {Threei} aka scalping day
[09:14] {Onix} scalping day?
[09:15] {Onix} meaning good market movement?
[09:15] {markweb} good morning all
[09:15] {Threei} rarely good day for longer holding periods... mostly 1:1
[09:15] {Threei} mark :)
[09:15] {markweb} :)
[09:15] {Onix} thanks
[09:18] {dino} gm all
[09:18] {Threei} dino :)
[09:18] {markweb} dino:)
[09:19] {dino} :)
[09:19] {dino} ahhh yes, i remember, scalpers friday
[09:20] {dino} pretty soon, i start leaving around noon on fridays
[09:20] {Threei} ok,,, replay is working I see :)
[09:20] {dino} y
[09:23] {esemde} god morning...
[09:23] {Threei} ese :)
[09:23] {markweb} ese:)
[09:24] {esemde} the replay is indeed working
[09:24] {esemde} mark
[09:29] {dino} saddle-up
[09:32] {pita} gm all
[09:33] {Threei} pita :)
[09:34] {bruce} yrcw spike dino
[09:34] {dino} isis
[09:35] {dino} pbt, watch oih
[09:35] {bruce} and idxx
[09:35] {dino} lagging??
[09:35] {dino} yrcw strange , loss
[09:36] {bruce} isis bounce candidate dino
[09:36] {dino} need coffee
[09:37] {esemde} SYNA is looking like ISIS dino
[09:38] {esemde} no bad news to speak of though
[09:38] {Threei} CIEN .55 long if stays above .40
[09:38] {dino} hmm
[09:40] {bruce} sivb anoher piker
[09:41] {dino} lol
[09:41] {esemde} nice climg for place to enter though
[09:41] {dino} the financials are tough to read sivb
[09:41] {bruce} rimm bounce long near here vad?
[09:42] {dino} sivb looks good, reported
[09:42] {Threei} .50 break probably
[09:42] {Threei} a bit too volatile for comfortable read for now
[09:43] {dino} lnce
[09:43] {bruce} agreed - stops too wide for my taste at moment
[09:43] {dino} nope
[09:45] {dino} pgnx
[09:45] {GeoArb} cien stopped
[09:46] {bruce} eric short vad?
[09:46] {Threei} looks like
[09:47] {esemde} back
[09:47] {Threei} announced decent earnings, ese
[09:47] {esemde} tks
[09:48] {esemde} am gonna follow it
[09:49] {esemde} gonna look long around 10.40 pullback
[09:50] {dino} ugh isis, missed 2x's
[09:50] {bruce} damn - we missed isis reversal dino
[09:51] {dino} pgnx s .80, stop .13
[09:52] {dino} too soon
[09:54] {esemde} ARBA 1/2 lot long .60
[09:54] {dino} waiting for isis 12.60 fwiw
[09:54] {dino} pgnx stopped -.33
[09:55] {markweb} stop on ARBA, ese?
[09:55] {bruce} aapl tanking
[09:55] {bruce} sorry dino
[09:55] {bruce} all these spikes and nothing clean to trade
[09:56] {esemde} stop .49 on ARBA
[09:56] {markweb} ty
[09:56] {dino} wow pgnx
[09:57] {bruce} not your typical "quiet" friday vad
[09:57] {Threei} nothing readable too
[09:57] {Threei} disconnected moves
[09:58] {dino} not at all, chaos
[09:58] {bruce} yeah - no way I'm trading breaks
[09:58] {dino} pgnx bruce, topping?
[10:00] {Threei} 1-year inflation expectation at 4.8% v 4.3% in March
[10:00] {Threei} - headline 62.6 is lowest reading since July 1980 (62.3)
[10:00] {bruce} msft possible short here
[10:00] {esemde} out ARBA .94 +.34
[10:00] {Threei} wtg
[10:00] {markweb} out ARBA +32 Thanks ESE:)
[10:00] {dino} gj es
[10:01] {esemde} geting stopped like yesterday
[10:01] {bruce} lol - guess not yet dino
[10:01] {esemde} gj mark
[10:01] {markweb} ty
[10:02] {Threei} RIMM .50 cross long if stays above .30
[10:03] {bruce} pgnx does look done actually -
[10:04] {Threei} lol, ARBA just doesn't care
[10:05] {esemde} ya...another nice move to 11.00
[10:06] {dino} pgnx, like rundmc
[10:06] {dino} "it's tricky"
[10:06] {dino} isis l .00, stop .67
[10:06] {bruce} yeah - spikes are extremem today
[10:07] {esemde} the Arba news is gonna have to be real good doesn't make moves much large than 1.75
[10:08] {esemde} followed it for a while way back...this is seeming extreme to me....arba that is
[10:09] {dino} news is good
[10:09] {esemde} lots of resistance at 11.00 for sure
[10:10] {esemde} could go i guess if it gets by 11
[10:10] {dino} isis stopped,
[10:11] {bruce} may bounce around .50 .40 area dino
[10:15] {dino} rimm s l .00
[10:16] {esemde} JRJC looking for a pullback
[10:19] {esemde} jrjc news?
[10:19] {GeoArb} CAVM ready to breakdown some more?
[10:19] {Threei} JRJC takover rumors
[10:19] {esemde} AHHHH HAAAAA....
[10:21] {dino} isis l .60
[10:21] {esemde} apread bouncing all over the place....can't see where to get in
[10:21] {dino} my original thought
[10:22] {dino} mco .15 l
[10:22] {esemde} oh well.....
[10:24] {dino} everything bouncing all over
[10:24] {dino} dji green
[10:24] {Chaeron} GM all... miss much?
[10:25] {Threei} not really
[10:25] {bruce} stopped isis +10c
[10:25] {esemde} CCCHHH BABY!!!
[10:25] {esemde} dull day man dull day...
[10:26] {dino} isis stop is .37 fwiw, too screwed up
[10:26] {Chaeron} ese !!! gracias primo
[10:26] {bruce} took it at .47 and exited on failure to break .62 dino
[10:27] {dino} gj
[10:27] {dino} i'm thinking it's time to start having fun
[10:27] {bruce} im for fun
[10:27] {dino} run rimm, run
[10:28] {dino} c'mon rimm i want a buck
[10:28] {dino} ron regan would say,..."tear down that (.50) wall"
[10:28] {judijim} good morning all
[10:29] {Chaeron} hi jj
[10:29] {Threei} jj :)
[10:29] {dino} cme waiting small at 483.00
[10:29] {bruce} only a buckdino?
[10:29] {bruce} morn jj
[10:30] {dino} yeah, its friday bruce
[10:30] {dino} should've taken .40 2xs
[10:30] {Chaeron} i want a clean entry..
[10:30] {dino} isis stopped -.23 done w/it
[10:30] {Threei} ARBA .91 if stays above .80
[10:32] {dino} fstr l .30, stop .97
[10:35] {esemde} am just missing stuff left and right...first INFN and now FLIR
[10:35] {esemde} and now CREE....
[10:36] {dino} me too es, no feel today
[10:37] {esemde} i'm with ya on that
[10:37] {dino} cme cx order
[10:39] {esemde} long CREE .92 1/2
[10:40] {dino} fast fall mkt
[10:40] {Chaeron} wake me if they hit something...
[10:41] {dino} that explains it
[10:44] {dino} rimm stopped .49 -.51 sm
[10:46] {bruce} insu - traditional break of high setup here vad
[10:48] {Threei} works too, to my amazement
[10:48] {bruce} sheesh - teleported though - no chance to enter
[10:50] {Threei} spread is not kosher
[10:51] {bruce} its a dino thinny
[10:51] {esemde} moved my stop on CREE to .83
[10:52] {dino} let me look then
[10:52] {Threei} HIGHER OIL PRICES WEIGHING UPON RECENT USD BULLISH SENTIMENT - DEALERS- Oil firmer on supply disruptions disruptions from Nigerian pipeline attacks, UK strike impact and geo-political factors that US Security fired warning shot at Iranian Boats in the Gulf on April 24th.
[10:53] {Threei} - A vessel contracted by the Navy in the Persian Gulf fired warning shots Thursday on two Iranian fast boats, FOX News has learned. The Westward Venture, a ship contracted by the Navy to carry military cargo to Kuwait, fired upon the boats Thursday after attempts to get Iranian boats' attention failed.
[10:53] {dino} that'll get their attention
[10:53] {esemde} i'll say...
[10:54] {dino} insu good report
[10:56] {Threei} OIH volaitlity is incredible today
[10:59] {bruce} vad - ifyou call up pbt does level one show you high and low for day?
[10:59] {Threei} not for listeds
[11:00] {bruce} k
[11:00] {Threei} use daily chart
[11:00] {bruce} yes - just wondering if laser was working right
[11:00] {Threei} point curos at today's candle, press left button, read high/low
[11:00] {bruce} pbt possible reversal here dino
[11:00] {Threei} cursor that was
[11:01] {bruce} got you - thanx fad
[11:01] {dino} vad, always cursing
[11:01] {Threei} oh well
[11:02] {bruce} lol - sorry about typing
[11:02] {dino} stop lod
[11:05] {dino} rimm feels like wants wed. bottom
[11:05] {bruce} can't blame vad for cursing - has to put up with magoo
[11:06] {dino} you should hear me then
[11:09] {esemde} out CREE .95 +.03
[11:10] {esemde} price is turning down
[11:16] {bruce} languahge not suitable for this room dino
[11:16] {dino} :)
[11:19] {dino} fstr stopped -.37
[11:19] {Threei} is this iranian thing getting any attention anywhere else but Fox?
[11:19] {Threei} I don't see it on CNN
[11:20] {Threei} or any other wires than one referring to Fox
[11:20] {esemde} signing off for a few minutes....
[11:21] {Threei} you'd think ness sinking market like this should be front and center
[11:21] {Threei} ness = news
[11:21] {patience} was reported on BNN News, but citing Fox
[11:21] {Threei} yeah, all I see refers to the same original source
[11:23] {Threei} if report appears about it being an unconfirmed rumor... I'll buy everything
[11:24] {fernp} US Security fires warning shots at Iran boats in Gulf (
[11:24] {Threei} ty fernp
[11:25] {Threei} unclear if they got it independently or are citing the same Fox
[11:25] {fernp} citing Dow Jones news
[11:25] {Threei} ahha
[11:25] {Threei} that's more solid
[11:25] {Threei} ty
[11:26] {fernp} :)
[11:26] {dino} cme l 481.39 sm wide
[11:26] {Threei} I really hope it doesn't escalate to full blown military conflict
[11:26] {dino} rimm l 119.25 sm
[11:26] {bruce} not likely vad - that stuff happens all the time
[11:26] {bruce} boys playing with their toys
[11:27] {bruce} gotta gun - gotta use it
[11:27] {dino} it won't we are too stretched
[11:27] {Threei} well... very bad timing for this game
[11:27] {bruce} they sink a ship - then it gets serious
[11:27] {dino} happened about 2 weeks ago too
[11:27] {Threei} we are stretched... oil is already priced above economy's ability to handle it... inflation is already beyond bearable...
[11:28] {Threei} IMO, this war, if heaven forbid it starts, won't cause market rally like previous one dids
[11:29] {dino} of course, we are already in position. just need to paved and drill iraq
[11:29] {dino} paving it would take care of that nasty sand issue
[11:29] {Threei} VNDA?
[11:33] {dino} magoo just stopped by, slacker is taking today off
[11:34] {Threei} say hello to him
[11:34] {bruce} isis looking longagain dino
[11:34] {Threei} probably good choice, not much readable and tradeable so far
[11:34] * Chaeron slaps magoo with a large trout
[11:34] {dino} no mas, isis no mas
[11:35] {dino} told him the same vad
[11:38] {dino} oh man, i had alot of rinses
[11:39] {dino} pbt l .99, hl
[11:44] {dino} wbmd
[11:44] {judijim} be back after AM break
[11:44] {dino} bad prints at 28
[11:51] {esemde} i'm back....missed the Chaeron slap eh.....would have been highlight of the day...... rats...
[11:51] {Threei} I am torn a bit... on one hand, slapping laserdave on his appearance is always joyful occasion... on another, afraid of making it too routinish
[11:51] {GeoArb} not a fun day at all
[11:52] {esemde} tough decision
[11:52] {GeoArb} i think i am going to watch a kungfoomovie on netflix.... (instant gratification)
[11:53] {dino} lol
[11:55] {Threei} what can I say Geo... I am glad I backed off after first stop, haven't seen anything readable since then
[11:55] {GeoArb} yeah same here
[11:55] {GeoArb} took the first stop
[11:55] {Threei} some days are calling for defensive stance
[11:55] {GeoArb} and then have had the iron discipline of a kung foo master
[11:56] {GeoArb} ahh friday lots of drinking and barbecuing
[11:56] {bruce} only the discipline? thought you were a kung fu master geo
[11:56] {GeoArb} nah..... the wrong asian
[11:56] {GeoArb} lol
[11:57] {GeoArb} we do yoga in loincloths (too much info)
[11:57] {GeoArb} anyone use eignal here?
[11:58] {bruce} lol- invite mags - sounds like his type of fun
[11:59] {GeoArb} looks like one of the days i will be glad to go to work
[11:59] {GeoArb} an inside range day for sure till now
[12:14] {bruce} wow - above zero outside again - would break out the shorts but snow expected again
[12:14] {Threei} oh boy...
[12:14] {Threei} HOUSE SPEAKER PELOSI: SEES A STRONG NEED FOR A SECOND FISCAL STIMULUS BILL, DISCUSSIONS WITH WHITE HOUSE HAVE BEGUN- House Republican leader Boener says talks are a step in the right direction.
[12:15] {bruce} sounds like desperation moves vad
[12:15] {Threei} this is beyond ridiculous
[12:15] {bruce} I think theyt should just send money to their friends to he north
[12:15] {bruce} then we can buy stuf and stimulate their economy for em
[12:15] {Threei} yup... at least we would cause more inflation on this side of the border, not on theirs
[12:15] {bruce} whatcould be fairer?
[12:17] {Threei} also, on per capita basis it would be much more effective
[12:17] {dino} can you tell it's an election year?
[12:17] {Threei} since our entire population is less than just Califirnia
[12:18] {Chaeron} that much?
[12:19] {bruce} l aet 43.36 - stop 8c
[12:20] {esemde} am outta here......have a great weekend everyone......
[12:20] {Threei} take care ese
[12:20] {esemde} see ya Vad
[12:21] {dino} cya es
[12:24] {bruce} out aet +10c - no guts
[12:25] {bruce} agreed vad - I promise to spend 2 thrids of whats gven me
[12:25] {bruce} lol
[12:25] {Threei} hmmm... and here I am with intend to spend all 100%
[12:26] {bruce} can understnad that perfectly - you have all those nigerian dollars to fall back on
[12:26] {Threei} yeah, adds confidence
[12:28] {bruce} aet looks like break candidate
[12:42] {Threei} THTT, look dcc please
[12:51] {Threei} what a jittery market today
[12:52] {tomg} have a great weekend everyone
[12:52] {Threei} take care tom
[12:53] {bruce} bye tom
[12:53] {bruce} have good weeend
[12:54] {bruce} hmmm- maybe I should wax my skiis for weekend?
[12:54] {Threei} lol
[12:54] {Threei} IMO... time to think of moving bruce :)
[12:54] {dino} later tom
[12:55] {Chaeron} 78 here and not a cloud in the sky Bruce... beach looks really nice from where I'm sitting
[12:55] {dino} ironically today was more of a small shares wide stops day, unusual for friday
[12:56] {bruce} lol chaeron - good thing Ihate warm beaches or I'd be jealous
[12:57] {bruce} definitely strange day dino
[12:57] {bruce} you green? saw you take lots of hits today
[12:58] {dino} no, but lots of time left
[12:58] {bruce} yes
[12:58] {dino} it was my equal out day, only 2 stops yesterday, so odds against me at the start.
[12:59] {dino} that fstr stop is driving me nuts, almost a buck up from entry
[13:00] {dino} pgnx too, i was too big, because of scalp day
[13:04] {Threei} VNDA wants 5 today or what
[13:05] {bruce} sina strong today
[13:11] {dptl} grabed +.05 and +.10 on your aet Bruce.... ty :)
[13:11] {Threei} dptl, ever the grabber
[13:12] {dptl} lol.......
[13:12] {dino} gj
[13:12] {GeoArb} where located chaeron?
[13:13] {Chaeron} Newport beach, California
[13:13] {GeoArb} hey nice
[13:13] {GeoArb} I am in the valley
[13:13] {Chaeron} not far
[13:14] {GeoArb} i dcced you
[13:16] {bruce} congrats dp - toughie to trade
[13:20] {bruce} hk short candidate- prefer a small long retace before breaking below .72
[13:33] {Threei} if market proceeds to make new lows, it's going to be first real follow through in weeks
[13:35] {Threei} in l,ine with recent patterns, I'd rather expect 30 points rally now, lol
[13:52] {Threei} 5 points so far... 25 left
[13:53] {dino} same thinking here
[13:54] {markweb} no thinking here:(
[13:54] {Chaeron} not able to think here
[13:58] {dino} now it feels like friday trading, stuck in small range
[13:58] {Chaeron} magooo smart cookie
[13:59] {dino} no, lol
[13:59] {Threei} RIMM has good chance for at least 50 cents run
[14:00] {dino} rally
[14:00] {dino} i want 121
[14:00] {Threei} quite possible
[14:00] {Chaeron} in .45
[14:01] {Chaeron} noone else?
[14:01] {Threei} I would prefer pullback entry... but there is no real techincal read on its support/resistance levels here
[14:02] {Threei} pure market following, and market is very likely to run about 10 points more
[14:03] {bruce} s hk 25.01 stop 10 c
[14:05] {dino} oih, mkt powering up, careful
[14:08] {dino} bolt out of its' death fall today
[14:08] {Threei} RIMM topped at 49 cents from your entry chaeron
[14:09] {Chaeron} thanks... had be stop
[14:10] {dino} sgms
[14:11] {Threei} SEED momo
[14:14] {Chaeron} stopped -0.08
[14:14] {Threei} ugh... had aa good one
[14:14] {Chaeron} thanks Threei
[14:14] {dino} cpla
[14:14] {Chaeron} will try again
[14:15] {Chaeron} sigh
[14:16] {Threei} oversat it a bit
[14:16] {Chaeron} yeah... was too small to take half
[14:16] {Chaeron} np
[14:19] {bruce} took your advice dino - out hk flat
[14:19] {dino} out rimm, bad trade, +.40
[14:19] {Threei} very bad
[14:19] {Threei} borderline disgusting
[14:19] {dino} look now
[14:19] {Chaeron} trade you dino
[14:20] {dino} lol
[14:20] {dino} damn, too .65 hard stop, look now
[14:20] {Chaeron} just tightened stop too much I guess
[14:20] {dino} y
[14:21] {Chaeron} [10:59] {dino} i want 121 {{ me too :)
[14:22] {dino} sgms s .26
[14:25] {dino} stopped -.35, my entries suck today
[14:27] {dino} another rinse
[14:28] {bruce} laundry day
[14:29] {dino} ugh rimm
[14:29] {bruce} sigi dino - possible reversal here
[14:30] {dino} y
[14:35] {dino} ok l sigi .30, stop lod
[14:40] {Threei} anyone squeezed some thing out of SEED?
[14:41] {patience} I'm up $600 bucks today on buying POT options this morning, but that's it
[14:41] {dino} gj patience
[14:41] {Chaeron} I got 0.40 out of RIMM if that counts
[14:41] {patience} not been the greatest week, so it is a nice treat dino, ty
[14:41] {Threei} we don't list 600 as disgusting trade?
[14:42] {dino} i was on target until today, still in the black for week, but no help today.
[14:43] {dino} sigi working so far bruce ty
[14:47] {dino} axys
[14:48] {bruce} welcome dino - hope it continues
[14:49] {dino} :), hard stopped to lock in $100, went fl
[14:49] {bruce} half out sigi +.18c
[14:51] {dino} nice
[14:51] {dino} stop to .46
[14:51] {dino} rimm is one strange trader today
[14:52] {Threei} very
[14:52] {Threei} dino... magoo woluld be all over SEED now I'd think
[14:52] {dino} y
[14:53] {Threei} his kind of momo
[14:53] {dino} indeed
[14:55] {Threei} I mean... make sure you tell him
[14:55] {Threei} not good to leave him with impression he did right thing skipping today
[14:55] {Threei} let's spoil his weekend mood
[14:56] {dino}
[14:56] {dino} sigi stop to .52
[15:02] {dino} sigi stop to .64, my usiual +300 bruce day
[15:02] {dino} out
[15:02] {dino} ty
[15:04] {bruce} congrats dino
[15:04] {dptl} Thurston you there?
[15:04] {dino} it was a nice safe trade
[15:04] {dino} cme wqaking up
[15:04] {dino} can't type today
[15:07] {dino} rimm l .00
[15:07] {dino} sm
[15:08] {dino} power up
[15:11] {dino} out rimm .50, +.50
[15:12] {Threei} wtg
[15:13] {dino} ty
[15:13] {dino} lucky entry
[15:13] {Chaeron} nice dino... I missed it
[15:13] {Threei} guess what... 25 points from the moment I said 30 points rally
[15:14] {Threei} spooky
[15:14] {dino} nice call
[15:15] {Threei} made half jokingly
[15:15] {Threei} 27.5 points
[15:18] {dino} almost a 200 pts range day
[15:18] {dino} dji
[15:20] {dino} rimm 120 again, hmmmm
[15:20] {Threei} I am about to come up with new recipe for success these days
[15:20] {Threei} forget serious read, make a joke... no joke is a joke in this market, it will come true
[15:21] {dino} one strange friday
[15:22] {Threei} this iranian thing spooked market, then got dismissed by it
[15:22] {Threei} it's a stupid news item, it just hit in a very sensitive spot
[15:22] {Threei} and reaction got exaggerated greatly
[15:23] {Chaeron} yeah... worry when Israeli jets take off for a strike on nuclear "development program"
[15:24] {dino} syria?
[15:24] {Chaeron} or Iran
[15:37] {dino} mco drop
[15:38] {judijim} we're signing off for today, be back Monday take care everyone
[15:38] {dino} later jj
[15:38] {Threei} take care jj, have a great weekend
[15:38] {bruce} bye jj
[15:39] {dino} mco l .80
[15:39] {dino} out cme all dat 482.59, +1.20
[15:40] {Threei} gotta keep an eye on SEED on Monday
[15:44] {Threei} Ok guys, exhausting week to say honestly
[15:44] {Threei} like pulling teeth
[15:44] {Threei} easy trades were very few and far between
[15:44] {Threei} earnings season is about over
[15:44] {dino} sigi l .00
[15:45] {Threei} let's look forward for more normal trading and more normal for us winning rate next week
[15:45] {Threei} have a good relaxing weekend, slap laserdave if you feel the need for a relief
[15:45] {Threei} I'll see you all on Monday
[15:46] {dino} take care 3i
[15:47] {dptl} wasnt that bad today........have a good weekend all :)
[15:47] * Threei slaps dptl around a bit with a large trout
[15:47] {Threei} yup... just what I thought... almost as good as slapping dave
[15:48] {Threei} take care dino, don't forget to tease magoo about SEED
[15:48] {dino} will do
[15:51] {dino} out mco .10, +.30 fl
[15:51] {dino} ok sigi lets move it
[15:56] {bruce} out balance sigi +.70
[15:57] {markweb} good job bruse!!!!!!
[15:57] {Onix} havea great weekend ... bye
[15:58] {bruce} thanx mark - lucky one
[16:00] {dino} out sigi flat
[16:00] {dino} nice job on sigi bruce
[16:00] {bruce} thanx dino
[16:01] {markweb} bruce DCC pl
[16:06] {dino} gotta hop, baseball practice

Thursday, April 24, 2008

Apr 24 2008

Session Time: Thu Apr 24 00:00:00 2008

- Consensus expectations:
[08:12] {Threei} - Durable goods orders 0.1% v -1.1% prior (revised from -1.7%).
[08:12] {Threei} - Durables ex transportation 0.5% v -2.4% prior (revised from -2.6%).
- Expectations for initial claims are 375K v prior release of 372K.
[08:12] {Threei} - Continuing claims seen at 2.990M v prior 2.984M.
[08:30] {Threei} CONTINUING CLAIMS: 2.934M V 2.990ME
[08:30] {Threei} MAR DURABLE GOODS ORDERS: -0.3% V 0.1%E; EX-TRANSPORTATION: 1.5 % V 0.5%E
- Prior Durables revised from -1.1% to -0.9%
[08:30] {Threei} - Prior Ex-Transportation revised from -2.4% to -2.1%
[08:32] {Onix} Good morning young & older
[08:32] {Threei} Good morning Onix
[08:33] * Threei lists himself in "older" category
[08:33] {Onix} maybe the "old" body but not the mind hey?
[08:34] {Threei} I will have to investigate this aspect
[08:35] {Threei} providing I don't forget what it was about
[08:35] {Onix} lol
[08:35] {Threei} :)
[08:36] {magoo} morning
[08:36] {Threei} magoo :)
[08:37] {Onix} morning magoo
[08:38] {magoo} hi
[08:45] {Threei} TASR missed earnings
[08:45] {fernp} gm
[08:46] {Threei} fernp :)
[08:46] {Threei} 07:33am [TASR] Reports Q1 $0.02 v $0.05e, R $22.5M v $26Me
[08:46] {hawkfan4} shocking...
[08:46] {Threei} stunning, I'd say
[08:46] {hawkfan4} :) hee
[08:46] {Onix} lol
[08:49] {Threei} AAPL beat, economic numbers look not too bad this morning... yet futs are red
[08:49] {Threei} warning sign
[08:49] {Threei} recovered considerably from early lows though
[08:59] {dptl} good morning all
[09:00] {Threei} dp :)
[09:03] {dino} gm all
[09:04] {Threei} dino :)
[09:06] {cosmo} RFMD
[09:07] {cosmo} Jefferies raises RF Micro Devices to buyat Reuters(Thu 7:49am)
[09:08] {Threei} SIRI?
[09:08] {cosmo}'s Top 10at 8:23am)
[09:09] {hawkfan4} CNBC just mentioned SIRI, something about good chance the deal will get done
[09:10] {hawkfan4} 24-Apr-08 08:47 ET SIRI +6.0% (assumed with a Buy at Citigroup)
[09:11] {GeoArb} gm
[09:12] {dptl} i like their radio
[09:12] {Threei} geo :)
[09:13] {cosmo} mexican radio here...
[09:13] {markweb} good morning all
[09:17] {esemde} Well lordy be....I'm back....anybody there?
[09:17] {dptl} gm ese
[09:17] {esemde} dp......what a nightmare with the dcomputor this week!!!!
[09:18] {Threei} mark, ese :)
[09:18] {esemde} Vad....
[09:18] {markweb} :)
[09:18] {esemde} mark
[09:18] {Threei} welcome back
[09:18] {Threei} virus be defeated?
[09:18] {markweb} ese:)
[09:18] {esemde} yes all 200 and some
[09:18] {Threei} yeesh
[09:20] {esemde} If I want to see all of the morningg discussion Vad how do I access that
[09:21] {Threei} replay isn't working last few days
[09:21] {esemde} ahhhhh
[09:22] {pita} gm everyone
[09:22] {Threei} pita :)
[09:22] {bruce} stsa is triple botom reversal candidate
[09:29] {dino} getting technical huh bruce, :)
[09:29] {Threei} he just likes making us feel inadequate
[09:30] {dino} lol, he lost me on the "bottom" word, not there in banks yet, imo
[09:30] {dino} fstr
[09:32] {Threei} big jump KLAC
[09:33] {Threei} watching LLTC
[09:34] {bruce} qcom break long looks good
[09:36] {Threei} MRVL
[09:36] {Threei} .81 long
[09:36] {Threei} if holding above .70
[09:37] {dino} cme
[09:38] {Threei} PBT sharp drop
[09:39] {Threei} no worky MRVL
[09:40] {bruce} nope stopped
[09:41] {magoo} pretty brutal sell off
[09:41] {Threei} KLAC holding above 44 so far
[09:41] {bruce} looks like .60 may hold in mrvl
[09:42] {dino} pbt l sm .15
[09:42] {Threei} KLAC .30 long half lot
[09:43] {Threei} stop under .10
[09:44] {esemde} "I wanna put my my boogie shoes"...KC and the sunshine band....but holly toledo....three days away slow down your reflexes...
[09:44] {dino} pbt stop to b/e
[09:45] {dino} ese, i want some of what you git
[09:46] {dino} pbt stopped flat
[09:46] {esemde} you got it dino
[09:46] {Threei} KLAC 1:1
[09:46] {Threei} half out
[09:46] {dino} :)
[09:46] {Threei} capable of more IMO, but scalpers know what to do
[09:46] {esemde} GSIC.....but was too slow thinking about it
[09:47] {Threei} stop .24 KLAC
[09:47] {esemde} was looking at it around 13.15
[09:48] {dino} pbt l .50 sm risky
[09:49] {bruce} exbd 5 buck spike dino
[09:51] {dino} ty
[09:51] {Threei} stop to .28 KLAC
[09:51] {dino} if it gets double top s? bruce
[09:52] {bruce} sounds good dino
[09:52] {dino} darn pbt can't get thru .70
[09:52] {Roman}
[09:53] {Roman}
21 long small 23.38
[09:54] {bruce} moo long reversal candidate dino
[09:54] {dino} rfr, you need to watch chris rock, "i think i love my wife" funny
[09:55] {Roman}
21 i already saw it, funny
[09:55] {dino} i saw it last night, good one
[09:56] {Threei} CRUS interesting daily
[09:56] {judijim} good morning all, see only one entry from dino, and vad crus?
[09:56] {Threei} hi jj
[09:56] {dino} etf moo, dk
[09:57] {Threei} KLAC is half open still from .30... not for chasing
[09:57] {bruce} out moo - quick scalp +22c
[09:57] {dino} exbd approaching hod
[09:57] {dino} gj bruce
[09:58] {dino} exbd mabe lower high at .99
[09:59] {bruce} thanx dino - shoulda held for a bit more
[09:59] {dino} oih getting crushed
[09:59] {Roman}
21 out JASO -07
[09:59] {dino} wow, can we rally w/oil going down????????/
[09:59] {Roman}
21 Home Sales ### due now
[10:00] {Threei} MAR NEW HOME SALES M/M: 526K V 580KE
[10:00] {Threei} *MAR HELP WANTED INDEX: 19 V 20E
[10:00] {Threei} not much reason for enthusiasm
[10:00] {dino} pbt stop to .83
[10:01] {dino} fast fall dji
[10:01] {dino} out pbt +.33, ty vad
[10:02] {dino} cme lod
[10:04] {dino} risky v sm cme l 482.53, wide
[10:06] {Threei} not sure what to make of SIRF slow sneaky climb
[10:06] {Threei} feels like slow recovery starts
[10:06] {Threei} but it's not likely to be a day trade
[10:08] {Threei} NVLS at high while NQ make new lows
[10:08] {Threei} watching for setup to form
[10:08] {dino} bolt dies again
[10:10] {bruce} bolt snaps
[10:10] {dino} lol
[10:11] {dino} exbd
[10:11] {Threei} needs a nut
[10:11] {dino} waiting sm .99
[10:11] {bruce} eric wandering up vad - looks like it still has room - would need to pullback though
[10:11] {bruce} lots of those here vad
[10:11] {Threei} no doubt
[10:11] {bruce} magnut
[10:12] {Threei} NVLS .10 break looked highly suspicious, hesitated to call it... but so far thing just climbs, oblivious to market
[10:13] {Threei} ERIC is looking the same, bruce...
[10:13] {Threei} just climbs slowly
[10:14] {dino} feed
[10:15] {bruce} exbd up another buck dino - strong today
[10:16] {dino} exbd wanted .22, missed
[10:18] {dino} pbt approach lod
[10:18] {Threei} I give up on NVLS
[10:18] {Threei} it will never stop
[10:18] {Threei} as far as stock market exists NVLS will climb with no pullbacks
[10:19] {Threei} that was not very nice, KLAC
[10:19] {dino} trow
[10:19] {markweb} are u in?
[10:19] {Threei} who and in what?
[10:19] {markweb} in NVLS, Vad?
[10:19] {Threei} no
[10:19] {markweb} k
[10:20] {esemde} Long FITB .60
[10:20] {esemde} 1/2 lot
[10:21] {bruce} jaso may be ready to reverse dino
[10:21] {Threei} AMZN
[10:22] {Threei} 78 break long
[10:22] {Threei} if holding above 77.80
[10:22] {esemde} stop .44 FITB
[10:24] {Threei} RIMM .61 long, .44 stop
[10:24] {magoo} in
[10:25] {magoo} amzn aggr entry .80
[10:26] {esemde} Stopped FITB (*&^%%$&^%!!!! .44 -.16
[10:26] {magoo} stopped, was small
[10:26] {magoo} but dam
[10:26] {magoo} looked good
[10:27] {esemde} sure did
[10:27] {Threei} RIMM over 1:1
[10:27] {magoo} other in isRIMM.59
[10:27] {magoo} small
[10:27] {Threei} half out RIMM
[10:27] {Threei} +.35
[10:28] {Threei} break that 121 now, will ya
[10:28] {Threei} stop .55 for the balance... scalpers are happily out
[10:30] {dino} jaso l .50 bruce
[10:30] {magoo} wqhat to do.what to do
[10:30] {dino} pbt l .81 , stop lod
[10:33] {Onix} FDRY loking good?
[10:33] {magoo} this mkt blows..will we ever see strength and follow tyhu again?
[10:33] {magoo} in my lifetime
[10:34] {dino} nno
[10:34] {Threei} 12.11 probably worth a try onix
[10:34] {Onix} tx
[10:34] {Onix} ty
[10:35] {Threei} scalpers win on RIMM
[10:35] {bruce} never mags
[10:35] {bruce} never ever
[10:35] {bruce} ever
[10:35] {bruce} ever
[10:35] {bruce} never
[10:35] {magoo} i know..getting discouraged..its such a battle
[10:36] {dino} magoo, sometimes ya gotta say f# it
[10:36] {bruce} definitely tough trading of late
[10:36] {dino} in the end nothing matters
[10:37] {Chaeron} GM all
[10:37] {Threei} chaeron :)
[10:40] {dino} spwr ouch
[10:40] {esemde} OK......UAUA this pattern was working for me for 2 weeks...dare I try it again
[10:41] {esemde} looks just like FITB......hmmmmm\
[10:41] {esemde} 15min chart looks reallly god
[10:41] {esemde} that would be good
[10:41] {dino} out jaso .80, +.30, ty bruce
[10:42] {dino} too soon
[10:44] {esemde} bstop UAUA .61 1/2 lot
[10:45] {bruce} nice one dino
[10:46] {bruce} bhi reversal candidatge dino
[10:47] {dino} i gotta get bruce a desk
[10:47] {dino} watch oih w/bhi, dwsn, solars, etc, imo
[10:47] {bruce} k
[10:49] {dino} pbt stop to .21
[10:50] {dino} commodties cracked
[10:50] {Threei} I don't mind at all
[10:51] {dino} stopped pbt .20, +.39, ty vad
[10:51] {Threei} as far as I am concerned, oil can go to 40 and gold to 300, nothing from me but applause
[10:51] {Threei} good job dino
[10:51] {Onix} totally agree!
[10:52] {dino} me too
[10:52] {esemde} Vad do you redo the intelliscan acct....just noticed the yellow expires in 9 days.....WOW...I've been with you all for just about a year now
[10:53] {Threei} just e-mail me your login, I'll take care of it
[10:53] {esemde} think about it....i've probably been spending more time with dino than my wife!!!
[10:53] {Threei} uh oh
[10:53] {Chaeron} oooooooooo k.......
[10:53] {esemde} what a bizzare thought....
[10:54] {esemde} CHHHHHH BABBBBBBBYYYYYYY!!!!!
[10:54] {Threei} GLBL
- Wins $72.5M project as part of the Mumbai High South Re-development (Phase II) project for India's Oil and Natural Gas Corporation Ltd. (ONGC) and consists of the installation of rigid pipelines and cables, off the west coast of India.
[10:54] {Chaeron} heheheh... hiya ese
[10:55] {dino} darn pbt takes my stop and runs
[10:56] {dino} ese, that startles me. lol. you hitting my trades ?
[10:56] {esemde} was watching but not hittin...
[10:56] {dino} ok
[10:57] {esemde} UAUA making a move back up bstop still in at .61
[10:59] {Threei} GLBL actually climbs on news
[10:59] {dino} oih goes {-5 look at your oils/services/solars imo
[10:59] {Threei} not frequently seen lately
[11:00] {Threei} .66 long RIMM if stays above .50
[11:02] {Chaeron} in .67
[11:02] {magoo} in rimm
[11:03] {Threei} over 1:1
[11:03] {magoo} easy button worthy vad.nice
[11:05] {dino} gj
[11:06] {magoo} markets powering up
[11:07] {magoo} out rim .32 TY vad
[11:07] {dino} mco l .20, stop lod
[11:07] {Threei} you out yet guys?
[11:07] {Threei} good one mags
[11:07] {Threei} chaeron?
[11:07] {hawkfan4} nice call dino, solars perking up
[11:08] {dino} ty hawk, put it on you every day screen
[11:08] {Chaeron} yes... sorry... out at .19 +0.52
[11:08] {Chaeron} many thanks
[11:08] {Threei} beautifu'
[11:08] {Threei} l
[11:08] {hawkfan4} thx vad, RIMM 4/5 out +.54
[11:08] {Threei} welcome
[11:09] {dino} bhi bruce, l .70, stop .39
[11:09] {bruce} l fmcn 37.11 stop 12c
[11:10] {esemde} LOng UAUA .61 stop .49
[11:10] {dino} classic calm chaos again today
[11:10] {dino} oih reversed hawk, ugh
[11:11] {Threei} wow GLBL
[11:11] {Threei} resally didn't expect this one to react like this
[11:11] {markweb} out Rimm +.70 small, Thanks Vad:)
[11:11] {Chaeron} neither did I ... on GLBL - didn't take
[11:12] {Threei} sheesh mark... you are really set to milk them all to the end, aren't you
[11:12] {dino} wtg mark
[11:12] {markweb} small:(
[11:13] {bruce} congrats mark
[11:13] {markweb} thanks
[11:13] {Threei} I am officially an idiot for not taking GLBL
[11:13] {dino} it all adds up. flat or up=good
[11:13] {esemde} signing off everyone...see ya tomorrow....still long UAUA with a top at .49
[11:14] {Threei} the only consolation is... by extension, I just politely insulted chaeron, and he can't even object
[11:14] {Threei} take care ese

[11:20] {dino} bhi nice bruce, thx again
[11:21] {Chaeron} dang RIMM
[11:21] {dptl} check check
[11:21] {Threei} I'll accept it dp
[11:21] {dino} in the mail
[11:21] {magoo} rimm animal..still in
[11:21] {Chaeron} you're the animal magoo :)
[11:21] {judijim} back in too but off the work, be here Friday am, take care everyone
[11:21] {Chaeron} bye jj
[11:21] {magoo} out here 122.07
[11:21] {magoo} + point
[11:22] {Chaeron} nice job
[11:22] {Threei} sheesh
[11:22] {magoo} TY vad
[11:22] {Threei} welcome
[11:22] {Threei} and...
[11:22] * Threei slaps magoo around a bit with a large trout
[11:22] * Chaeron slaps magoo around a bit with a large trout
[11:22] {magoo} AGAIN
[11:22] * Chaeron slaps magoo around a bit with a large trout
[11:22] {magoo} AGAIN
[11:22] {Chaeron} no
[11:22] {Threei} chaeron
[11:22] {Threei} stop it
[11:22] {Threei} he enjoys it too much
[11:22] {dino} man, are things fast today or what?
[11:22] {Chaeron} so do i.....
[11:22] {Threei} lol
[11:22] {GeoArb} i would take 2 trouts for a point
[11:23] {Chaeron} I loved that show
[11:25] {dino} out bhi .20, +.50 bruceeeeeee
[11:29] {Threei} FEED, mama mia
[11:29] {Threei} what a bounce
[11:29] {magoo} l AAPL 164
[11:29] {magoo} quick
[11:29] {magoo} sigh
[11:29] {magoo} i second
[11:30] {bruce} congrats dino
[11:32] {dino} ty bud, appreciate it, you make me $30/day
[11:32] {dino} 300
[11:32] {Chaeron} that's over $6000 a month
[11:32] {dino} as i told magoo, you are a capitulation spotting machine (imo thats your edge)
[11:33] {dino} yes chaer
[11:34] {bruce} thanx dino
[11:35] {dino} keep it up, i'll get us the entries
[11:36] {magoo} anyone take AAPL with me?
[11:37] {magoo} out here .70, + .70
[11:37] {Threei} wtg
[11:37] {Chaeron} huge magoo
[11:37] {dino} gj
[11:37] {markweb} no to fast for me:(
[11:37] {Chaeron} nice profits here again today
[11:38] {dino} indeed:)
[11:38] {magoo} [11:29] {magoo} l AAPL 164
[11:38] {magoo} [11:29] {magoo} quick
[11:38] {magoo} [11:29] {magoo} sigh
[11:38] {magoo} sigh was after i entered and was up .23
[11:38] {magoo} but it retraced
[11:38] {Chaeron} I saw it, wanted it, but it was too far gone
[11:39] {magoo} chaer, my boy won senior 50 class last week
[11:39] {magoo} big race weekend this week
[11:39] {Chaeron} huge!!! Loretta Lynn's coming up... going to race?
[11:39] {magoo} up broome tioga new york
[11:40] {magoo} races sat and sun at broome this weekend to prep kids for lorettas qualifier next week at Broome
[11:40] {magoo} we will be there
[11:41] {magoo} so 2 weekls we try to qualify for lorettas
[11:41] {magoo} hes jumping hid 50 cc bike over 50 feet now
[11:41] {magoo} flying
[11:41] {Chaeron} dammmn
[11:41] {magoo} hid=his
[11:41] {Chaeron} how old?
[11:42] {magoo} table tops..doubles
[11:42] {magoo} rides/races 65cc class also
[11:42] {magoo} hes 8yr old
[11:43] {Chaeron} wow... another RC or Bubba :)
[11:43] {dino} bob hanna
[11:43] {Chaeron} oh man... my hero
[11:44] {dino} marty smith
[11:44] {dino} takes me basck to my unidilla days
[11:44] {Chaeron} raced there - '80
[11:44] {magoo} [11:43] {dino} bob hanna
[11:44] {dino} sweet
[11:45] {magoo} er, um , dino...its HANNAH
[11:45] {dino} hannah montanna?
[11:45] {Chaeron} oi
[11:46] {bruce} half out fmcn +.52
[11:46] {dino} nice one
[11:46] {markweb} gj
[11:56] {GeoArb} .
[11:58] {GeoArb} am i connected?
[11:58] {markweb} no
[11:59] {GeoArb} :)
[11:59] {Chaeron} where did geo go? :)
[11:59] {GeoArb} been having too many internet issues apart from chatroom
[11:59] {GeoArb} california is becoming a third world country
[12:00] {dino} .
[12:00] {Threei} WHITE HOUSE SPOKESMAN: US TO CONTINUE TO FILL SPR- Reminder earlier the Speaker of the House called for the suspension of deliveries to the SPR
[12:04] {Roman}
[12:05] {Roman}
21 long
[12:05] {Roman}
21 27.25 small
[12:05] {bruce} out balance fmcn +81c
[12:06] {markweb} wow bruce!!!
[12:06] {bruce} thanx mark
[12:06] {bruce} lucky
[12:06] {Threei} not disgusting trade
[12:07] {bruce} thanxvadster
[12:07] {dino} niceeeeeeeeeeeeeeeee
[12:09] {bruce} a bit better than 6 to 1 on risk
[12:13] {Threei} starting thinking short RIMM
[12:13] {Threei} can't make new high with NQ
[12:14] {Threei} want bounce closer to .30
[12:16] {Threei} got .18
[12:16] {Threei} stop new high
[12:16] {Threei} need NQ setback to make it work
[12:18] {Threei} holding by fingertips
[12:19] {magoo} in with u
[12:19] {magoo} .25
[12:19] {Threei} come on RIMM, lose that 124
[12:19] {Threei} good boy
[12:19] {Chaeron} there you go
[12:23] {magoo} need a little mkt help
[12:23] * Threei hits market over the head with 2x4 endowed with rusty nails
[12:24] {dptl} nvda?
[12:24] {Threei} no read whatsoever on NVDA
[12:24] {dptl} ok
[12:26] {dino} "endowed"? i'm guessing because of the "dow"
[12:26] {Threei} ok... "ennasdaqed"
[12:26] {dino} lol
[12:27] {Threei} sheesh... don't tell me second half is going to be stopped RIMM
[12:27] {Threei} better
[12:28] {Threei} now die
[12:28] {Threei} ABK
[12:28] {Threei} CEO: WE HAVE NO LIQUIDITY ISSUES, EXPECTS TO EXCEED CAPITAL TARGETS BY END OF MAY- Says its subprime portfolio has done extremely well, CDOs have not done well; 10 deals are responsible for 80% of Ambac's problems
[12:29] {markweb} out BRCM +.15 thanks Roman:)
[12:30] {dino} penn
[12:30] {dino} gj
[12:31] {dino} c'mon 10 deals, roflol
[12:32] {Threei} dino... you are not implying they could possibly lie to us now, are you
[12:32] {dino} sounds like bear all over again
[12:33] {magoo} beauty on RIMM vad TY
[12:33] {Threei} 'cause if they do I lose my faith in humanity
[12:33] {Threei} welcome mags
[12:33] {Threei} easy to read trade but by no means easy to execute
[12:33] {dino} you know me vad, the eternal pesismist on market talk
[12:33] {Threei} continued to try and scare us out of the trade
[12:33] {Threei} I am totally opposite dino... blue-eyed optimist
[12:34] {Threei} CEOs never lie
[12:34] {Threei} Fed are the smartest guys on the planet
[12:34] {dino} meanwhile abk telling the upper management to sell all shares immediately
[12:34] {Threei} oh, and I also bought three bridges yesterday
[12:34] {dino} lower workers buy, buy buy (opps enron )
[12:34] {Threei} and sent a lot of money to nice people in Nigeria who promised me many millions
[12:36] {Threei} how can one refuse the request for money that starts with nicests words: "dearest ..."
[12:36] {dino} indeed
[12:36] {Threei} the very thought that someone could consider me "dearest" makes me open my wallet
[12:36] {GeoArb} i love the nigerian guys
[12:36] {Chaeron} uhhhhhhhhhhh
[12:36] {Chaeron} want to rethink your wording?
[12:36] {GeoArb} i send them a one liner... "send me a hundred cash and well talk"
[12:37] {GeoArb} they get defensive
[12:37] {Threei} who wouldn't geo... giving out multimillon deals for measly tens of thousands
[12:37] {GeoArb} so i keep sending oneliners doubling every time
[12:37] {GeoArb} by the 5th email they give up and call me a crook
[12:37] {GeoArb} i am bored at work
[12:37] {Threei} see? you offended nice people
[12:41] {dino} out mco .50, +.30
[12:42] {dino} all dayer
[12:43] {dino} geo, what do you do at work?
[12:44] {Threei} offending everyone who wants to give him millions I take it
[12:44] {dino} aside from getting bored
[12:44] {GeoArb} i manage distance univ for a research univ
[12:44] * Threei makes a point never to offer Geo anything above $999,999.99
[12:44] {GeoArb} problem is grad students are too smart and learn fast
[12:44] {GeoArb} lol
[12:44] {dino} lol
[12:44] {GeoArb} distance education
[12:45] {GeoArb} so after a while I am bored
[12:45] {dino} vad wants to get this room accredited
[12:45] {GeoArb} then they graduate and its rinse repeat
[12:45] {GeoArb} i wish
[12:45] {GeoArb} the only univs coming close in trading are the chicago ones
[12:45] {dino} i guess then i might get tenure
[12:46] {GeoArb} and they are quant
[12:46] {GeoArb} i am still an intern :) in trading
[12:46] {Threei} we all are eternal students of the market
[12:47] * Threei is getting deeply philosophical
[12:47] {dino} y
[12:47] {Raven}
3 oh please
[12:47] {dino} whenever i get too sure, bang!
[12:47] {Threei} lol
[12:47] {Threei} finally we got Raven to peek out of his cave
[12:48] {Raven}
3 hey ... I've been birding ... migration time
[12:48] {Raven}
3 fresh air
[12:48] {Raven}
3 Spring ... finally
[12:49] {dino} 80's here all week, back to 50's monday
[12:50] {Raven}
3 yes ... cool spell coming ... but not too bad
[12:50] {dino} better than 20's 2 weeks ago
[12:50] {Raven}
3 no kidding
[12:52] {Raven}
3 you Penn guys kept Billery in the race, dino
[12:53] {Chaeron} hiya Raven :)
[12:53] {Raven}
3 hey Ch :)
[12:53] {dino} not i, republican\
[12:54] {Raven}
3 it keeps her slinging mud dino
[12:54] {Raven}
3 entertaining
[12:54] {dino} y, let the two of them damage each other
[12:54] {GeoArb} so who wants a mccain/romney ticket?
[12:54] {GeoArb} sorry no politics
[12:55] {Raven}
3 \lol
[12:55] {Threei} I wanted Ron Paul
[12:55] {Chaeron} I want Reagan /Nixon... motto - "Tanned, rested and ready."
[12:55] {Raven}
3 rofl
[12:55] {dino} wanted rudy, i think he figured in 4 more years
[12:55] {dino} lol, i named my kids after regan
[12:55] {Threei} he called for Fed abolishment
[12:55] {Threei} enough for me to respect the man
[12:55] {dino} donald & megan
[12:56] {GeoArb} his library and plane is about 15 miles from my house
[12:56] {GeoArb} love the jelly bean portrait
[12:56] * Threei slaps Laserdave1 around a bit with a large trout
[12:56] {dino} cool
[12:56] {Chaeron} I'm close to Nixon's Geo :)
[12:56] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:56] {GeoArb} umm dunno where that is :(
[12:56] {Raven}
3 and I am close to Gerald Ford's
[12:56] * Laserdave1 slaps Laserdave1 around a bit with a large trout
[12:56] {Threei} and I am so far from everything...
[12:57] {Chaeron} move
[12:57] * Raven slaps Threei around a bit with a large trout
[12:59] {Threei} what was that for
[12:59] {Threei} as if it wasn't enough that I am sooo removed from all the famous libraries
[13:00] {Raven}
3 who gives a rat's ass about the libraries ... your climate makes up for that
[13:00] {Chaeron} move to Arkansas... be Bill's best bud and hang out on the porchof his library
[13:00] {Raven}
3 fly with Bill on his crook friends jet
[13:01] {Chaeron} hang with his hotties
[13:02] {dino} the clinton library misplaced all the books
[13:02] {Raven}
3 lol
[13:02] {dino} and sometimes a cigar is just a cigar
[13:02] {Raven}
3 define "book"
[13:03] {dino} genc, nice spread
[13:03] {Threei} MBI
[13:03] {Threei} big spender, he is
[13:05] {dino} yeah, magoo spends more than that/trade
[13:05] {dino} new hod coming
[13:06] {dino} bingo dji
[13:07] {dino} strange, lots of stuff down big
[13:10] {Threei} tough read here guys
[13:10] {Threei} staying on a sideline
[13:10] {Threei} market is pregnant with sharp move, and sirection is anyone's guess
[13:10] {Threei} direction too
[13:14] {dino} gibberish huh?
[13:15] {Threei} what did you call me?
[13:15] {dino} lol
[13:16] {Threei} slapped by raven, called names by dino AND living in area removed from all the sources of knowledge
[13:16] {Threei} my life goes down the drain...
[13:16] {GeoArb} who said presedential libraries were knowledge?
[13:16] {GeoArb} google
[13:16] {patience} guess all you can do is sit on the dock, with butter and garlic and fresh crab
[13:17] {Threei} google doesn't help much when you can't read
[13:17] {GeoArb} i just like the jelly bean portrait
[13:17] {Threei} books on the other hand provide protection from prying eyes if you place them (books) strategically, so they cover your closed eyes
[13:18] {Threei} the only thing you need to take of is not to keep them upside down
[13:18] {Threei} that could be a clue
[13:34] {Threei} feels like RIMM short will be a play soon
[13:34] {Threei} need more confidence that NQ is done rallying
[13:34] {Threei} so far, 50/50
[13:34] {magoo} aapl too
[13:37] {Threei} OK... can we have a bounce now please,
[13:37] {Threei} with RIMM staying under 124.20
[13:38] {Threei} but coming close enough to it for a stop to be narrow enough
[13:41] {Threei} in
[13:42] {Threei} .31 stop
[13:42] {Threei} didn't take long eh
[13:44] {Threei} second try
[13:44] {Threei} got .27, stop .35
[13:47] {Threei} sheesh
[13:47] {Threei} sigh
[13:48] {Threei} back to sleep
[13:52] {dino} cap't cavm spike
[13:55] {dino} shake 'n bake
[14:02] {Threei} - Likes part of Rep Frank's FHA bill, no veto threat from President Bush, supports idea of having FHA back troubled loans after write-down.
[14:02] {Threei} - US economy has slowed considerably, faces headwinds from high oil prices. Cites progress in calming markets, says focus will be increasingly on stimulating the economy.
[14:02] {Threei} - Aiming to minimize spillover from market turmoil into the economy, but it can't be avoided entirely.
[14:02] {Threei} - Risk is being repriced, astute investors are putting captial to work in distressed markets.
[14:03] {Threei} - Financial markets, not govenrments, best set benchmark values for illiquid securities.
[14:03] {Threei} - Won't forecast when the turmoil might end, some markets still not operating normally.
[14:03] {Threei} my personal read is:
[14:04] {Threei} We seem to be succeeding in postponing the crisis and making our kids or grandkids face it
[14:04] {Threei} and, since it's going to be their problem, we care not
[14:05] {dino} isn't that the governmental way?
[14:05] {hawkfan4} {==and no kids, so that goes double for me ;})
[14:06] {dino} promise the world, don't worry about paying for it
[14:06] {Threei} reminds me a wise hero of some Far East parables who agreed to teach a donkey to speak, accepting hefty amount from shah; money was supposed to sustain him for 20 years which was the term for a donky to demonstrate speaking skills
[14:07] {dino} i have to laugh, the $600 rebates hilary and obama are taking credit for, but at the same time they are going to raise all taxes
[14:07] {Threei} when asked how he was going to keep the promise he said, "come on, in 20 years one of three will be dead - me, shah or donkey"
[14:08] {Threei} JPM
[14:08] {Threei} why?
[14:08] {dino} so, we give the average guy $600 next month, but next year he pays $4k more in taxes
[14:09] {Threei} isn't credit crunch defeated?
[14:09] {Threei} or JPM made not enough on BSC deal?
[14:09] {dino} wants another deal perhaps
[14:10] {dino} needs funds for it
[14:12] {markweb} BRCM nice, Roman
[14:13] {bruce} l bhi 80.48 stop 10c
[14:19] {bruce} out bhi +.23
[14:19] {markweb} gj bruce
[14:19] {bruce} thanx mark
[14:19] {Threei} fantastic job today guys
[14:20] {dino} gj
[14:23] {bruce} doggy duty break
[14:26] {Threei} RIMM 125 break - do we dare?
[14:26] {dino} out cme 484.735,
[14:26] {dino} +2.22
[14:28] {dino} anyone?
[14:29] {Threei} nah
[14:29] {Threei} after you made 5+ on it, 2+ is not impressive anymore
[14:30] {Threei} PBR saga continues
[14:31] {dino} yeah, did not cooperate as well today.
[14:31] {dino} now it goes
[14:34] {Threei} going to try it
[14:35] {Threei} this market won't quit until no live bear left anywhere in the woods or polar ice
[14:38] {magoo} had too say it it disdn't u
[14:40] {Threei} MPP: trade is stopped when the original reason for entry is no longer valid
[14:40] {Threei} oops
[14:40] {Threei} wrong window
[14:40] {GeoArb} tell tell
[14:46] {Threei} back in with stop under .50
[14:46] {Threei} half out
[14:47] {Threei} come on NQ, break
[14:47] {Threei} and take this lazy thing with you
[14:49] {Threei} DOW just louasy 75 points till 13000 party
[14:50] {dino} cavm s break of .00
[14:50] {dino} bruce?
[14:51] {dino} not here
[14:52] {dino} s .00
[14:52] {dino} stop is hod
[15:04] {magoo} i got an apptmt..gotta go soon..TY all
[15:05] {Chaeron} bye mags!
[15:05] {Threei} take care mags
[15:19] {dino} yawnnnnnnnnnnnnnnnnnnnnnnnnnn
[15:19] {dino} hectic morning, but now 1 trade in afternoon
[15:19] {Threei} pretty much
[15:19] {Threei} market needs a breather after such climb
[15:20] {dino} 8 trades, 7 in a.m.
[15:20] {dino} 6 of 7 a.m., looks like 0 for 1 p.m.
[15:21] {dino} whatever happens, hard stop is .33, and i'm done
[15:21] {hawkfan4} BIDU after the bell
[15:21] {dino} lol, not touching it
[15:22] {dino} magoo's bailing, beautiful day for a beer, not going to happen
[15:22] {Threei} MSFT too I think?
[15:22] {dino} y
[15:22] {hawkfan4} lol, me either, and beer does sound good
[15:23] {dino} i'll have to see if my wife can be corrupted
[15:23] {Threei} yeah... JNPR, KLAC, MSFT
[15:24] {dino} it will be chaos afterhours w/all of them
[15:24] {dino} adbe should play off msft
[15:36] {dino} woof
[15:37] {Threei} hmm?
[15:38] {Threei} there is no MEOW... but there is BARK, although looks strange
[15:39] {hawkfan4} don't forget MOO
[15:39] {Threei} yup
[15:40] {dino} my dog can talk, what's on that tree "bark", wheres my golf shot, "rough", whats on the house, "roof"
[15:40] {hawkfan4} lol
[15:40] {dino} i need to go home
[15:41] {Threei} I am right there with you dino
[15:41] {Threei} tree good, fire bad
[15:41] {dino} someday vad, we shall drink together
[15:42] {dino} cavm stopped -.33.
[15:42] {dino} thats it for trades, good day. thx for some good ideas
[15:42] {Threei} working on that bahamas seminar
[15:43] {dino} good
[15:43] {dino} sheesh, markets drop and cavm pops
[15:44] {dino} ipcc
[15:52] {dino} ok goning to go, take care all
[15:53] {Threei} will stay for a while to watch major earnings
[15:53] {hawkfan4} cya dino
[15:53] {Threei} other than that, have a good evening, see you all tomorrow
[15:53] {dino} :)
[16:01] {dptl} have a good evening all :)
[16:05] {Threei} RMBS REPORTS Q1 -$0.12 V $0.03E, R $39.7 V $40.2ME
[16:06] {Threei} KLAC REPORTS Q3 $ 0.61 V $0.63E, R $ V $586ME
[16:07] {Threei} JNPR REPORTS Q1 $0.27 V $0.25E, R $822.9M V $815.6ME