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