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