Session Time: Tue May 27 00:00:00 2008
[08:24] {Threei} 05/23/08 04:52pm [VVUS] Files $150M common stock offering - Filing
[08:25] {Threei} here goes rally killer for little VVUS
[08:40] {magoo} morning
[08:40] {magoo} had to use alternate to enter room today vad fyi
[08:41] {Threei} good morning
[08:42] {Threei} can you reach http://www.realitytrader.com/ ?
[08:42] {peterg} GM--let's see....
[08:43] {Threei} peter :)
[08:43] {Threei} AVNR
[08:43] {Threei} REPORTS POSITIVE OUTCOME FROM ZENVIA PK STUDY- The study achieved its goal of identifying a new Zenvia dosing regimen that provides a similar pharmacokinetic profile of the dextromethorphan component, an improved adverse event profile and a lower overall exposure to quinidine compared to the previously studied doses. AVANIR believes that these study results can be used to enhance its worldwide intellectual property protection and intends to release detailed data, including PK parameters
[08:44] {magoo} yes i can vad
[08:44] {Threei} OK... I seem to be the only one who can't {G}
[08:45] {magoo} usually im the only one
[08:45] {Threei} how did the race go mags?
[08:47] {Threei} •In energy news, according to the U. S. Department of Transportation, the number of miles traveled on U.S. roads fell by 4.3% in March from a year earlier, sharpest yearly drop on record and the first decline in the month of March since 1979, when the last major oil shock hit drivers.
[08:49] {magoo} josh is one of top 58 riders in north east region, but we did not make the final cut of top 7 out of 58 to lorretta lynns, but good experience and home safe..thank u for asking
[08:50] {Threei} :)
[08:52] {magoo} how was market action thurs & friday?
[08:52] {magoo} up? down/
[08:52] {Threei} quiet but profitable
[08:53] {Threei} narrow, a bit down
[08:57] {Threei} new blog post at http://www.realitytrader.com/blog/2008/05/there-are-things-in-trading-that-run.html
[08:58] {Threei} FED'S KROSZNER: MAJORITY OF THE US HOUSING MARKET WILL STABILIZE BY THE END OF THE YEAR
[08:58] {Threei} I can't wait
[08:59] {Threei} if not for ecionomy sake, then simply to stop being harassed by this barrage of housing news
[09:00] {Threei} MAR S&P CASE-SHILLER COMPOSITE-20 Y/Y: -14.4% V -14.2%E; HOME PRICE INDEX: 172.2 V 175.9 PRIOR
[09:04] {Threei} let's keep half eye on AVNR
[09:04] {Threei} small biotechs did well lately
[09:04] {Threei} 1.40 is important resistance for it to break
[09:05] {tomg} good morning
[09:05] {Threei} if consolidates closer to it, forms tight range with nice small stop size, will be worth a try
[09:05] {Threei} tom :)
[09:05] {tomg} had to use alternate server today, vad
[09:05] {Threei} VVUS is shortable, let's keep it on radar as well
[09:05] {Threei} yes tom, me too
[09:06] {tomg} can connect to realitytrader.com but new blog doesn't show up
[09:06] {Threei} right
[09:06] {tomg} just march 16 blog
[09:06] {Threei} propagation is wierd thing
[09:06] {Threei} try to eliminate www. from address bar
[09:06] {Threei} see if it works as http://realitytrader.com/blog/2008/05/there-are-things-in-trading-that-run.html
[09:08] {Threei} any luck?
[09:09] {tomg} didn't work, vad
[09:09] {Threei} OK... then have to wait until propagation reaches Google blogger
[09:09] {dino} gm all
[09:09] {tomg} seems there is no /05 directory
[09:10] {tomg} just /02 and /03
[09:10] {tomg} in /blog/2008 that is
[09:10] {Threei} dino :)
[09:10] {Threei} yes, it's just hasn't gottten indexed yet after website moved to a new server
[09:15] {dptl} good morning all
[09:15] {Threei} dp :)
[09:15] {Threei} as one tech guy explained to me, propagation of new IP through the internet is like propagation of vodka through your body - doesn't happen at once
[09:22] {dptl} Vad dcc pls
[09:24] {esemde} morning...anyone esle have problemsw logging on this morning
[09:24] {Threei} hi ese
[09:25] {Threei} gotta use alternative server
[09:25] {esemde} hi Vad
[09:25] {esemde} whats the alternative server?
[09:25] {Threei} if you are in, you used it :)
[09:26] {esemde} ah ha??
[09:31] {Threei} QTWW
[09:31] {Threei} QUANTUM AND ASOLA AWARDED $17 M SOLAR MODULE SUPPLY CONTRACT BY A LEADING GERMAN SOLAR SYSTEM SUPPLIER
[09:36] {Threei} CNSL half lot long .55 break
[09:36] {Threei} stop under .35
[09:37] {Threei} AVNR trying to consolidate for break
[09:40] {Threei} RIMM is interestingly weak
[09:40] {Threei} eyeing it for short on bounce
[09:41] {Threei} ugh... not even bouncing
[09:42] {GeoArb} hah i am in
[09:42] {GeoArb} gm
[09:42] {Threei} geo :)
[09:43] {magoo} news RIMM vad?
[09:43] {Threei} AAPL long as close to 183 as possible
[09:43] {Threei} no
[09:43] {esemde} watching LRCX for bstop .76
[09:46] {esemde} long .79...lousy fill
[09:47] {magoo} i caught AAPL .46 vad
[09:47] {Threei} partialed?
[09:48] {magoo} waiting over 184
[09:48] {Threei} it feels higher
[09:48] {Threei} market helps too
[09:49] {esemde} OUT LRCX .05
[09:50] {Threei} nice scalp
[09:50] {esemde} +.26
[09:50] {esemde} tks
[09:50] {esemde} full lot.....good way to start the week
[09:52] {dino} gj
[09:52] {esemde} tks
[09:53] {dino} nue sm l .75
[09:54] {Threei} CNSL no worky
[09:58] {Threei} ALTR .87 long if stays above .70
[09:58] {GeoArb} we are playing into the econo release?
[09:59] {Threei} I doubt it will trigger before the numbers
[09:59] {GeoArb} k
[09:59] {Threei} but if they are any good, trigger will be tagged
[09:59] {Threei} 1 min left
[10:00] {Threei} MAY CONSUMER CONFIDENCE: 57.2 V 60.0E
[10:00] {Threei} *APRIL NEW HOME SALES; 526K V 520KE
[10:01] {Threei} *MAY RICHMOND FED MANUFACTURING INDEX: -3 V 1E
[10:01] {Threei} mix of good and bad, but home sales seem to take priority
[10:02] {Threei} FCEL
[10:02] {esemde} LRCX... real daytrading stock this one....interesting to watch
[10:03] {Threei} .51 long
[10:03] {Threei} stop under .35
[10:04] {esemde} I like the look of the daily chart Vad FCEL....
[10:05] {Threei} ALRT stop to .75
[10:05] {Threei} ALTR
[10:05] {esemde} long 1/2 fcel as well
[10:05] {Threei} yes, feels capable of more than scalp
[10:05] {esemde} at .50
[10:05] {esemde} definately
[10:06] {esemde} sorry can't remember...was there news on it...FCEL that is
[10:07] {Threei} nope
[10:07] {dino} de l sm .99
[10:08] {Threei} QTWW got second life or what
[10:08] {Threei} tough one, not sure
[10:08] {Threei} mags, you still in AAPL?
[10:08] {magoo} second round yes
[10:08] {magoo} waiting .57
[10:09] {magoo} uu no like?
[10:09] {Threei} just prefer to partial
[10:09] {Threei} gotta protect profit on volatile ones
[10:09] {Threei} market looks like slow climb is in order
[10:09] {Threei} so I likey
[10:10] {Threei} but I likey safety as well
[10:12] {Threei} ALTR stop to .79
[10:16] {Threei} come on ALTR, break that high finally
[10:18] {Threei} good boy
[10:18] {Threei} FCEL anemic
[10:18] {magoo} where your exit?in it
[10:18] {Threei} half out on 23 break
[10:18] {Threei} which hopefully leads to a spike
[10:21] {dino} nue stopped -.48
[10:21] {magoo} me too
[10:23] {GeoArb} fcel out
[10:23] {Threei} yup, activity died on it
[10:24] {dptl} stopped fcel
[10:28] {esemde} I should be out but i'm not....I like the daily chart on FCEL...i'm giving it some breathing room today...
[10:29] {dino} joyg sm l .41
[10:30] {fernp} gm
[10:30] {Threei} fernp :)
[10:30] {esemde} fern
[10:30] {fernp} ese
[10:32] {Threei} market can't make up its mind here
[10:39] {Chaeron} good morning all
[10:39] {magoo} femp..chaer : )
[10:39] {Threei} chaeron :)
[10:40] {esemde} CCCCHHHHH BABY!!!!!
[10:40] {Chaeron} :) save me anything to trade?
[10:41] {esemde} not qa lot
[10:41] {esemde} not a lot....
[10:45] {Threei} CSUN
[10:45] {Threei} short on .40 breakdown
[10:45] {dino} out de .39, +.40
[10:46] {esemde} nice bounce play dino
[10:48] {Threei} IEA CHIEF ECONOMIST: IT WOULD BE 'VERY OPTIMISTIC' TO THINK OIL PRICES WILL FALL MUCH IN NEXT FEW YEARS
[10:49] {Threei} as far as I can see, all classic signs of bubble are in
[10:49] {dino} ty es
[10:49] {Threei} the only thing lacking to burst it is, there are still too many dissenting voices calling it a bubble
[10:49] {dino} tayd
[10:50] {Threei} when they give up and acknowledge oil will never stop...
[10:52] {dino} no, when my buddy starts to put in his own gas tank
[10:52] {Threei} I don't see anything fresh on TAYD
[10:53] {Threei} ARBA interesting
[10:54] {dino} niether do i, tayd
[10:55] {Threei} half out ALTR 23.02
[10:55] {Threei} scalpers take profit
[10:56] {Threei} oil under 130
[10:57] {Threei} what's with RNIN?
[10:58] {Threei} CSUN over .60, invalidated
[10:59] {dino} sina sm l .70
[11:13] {esemde} outta here for the day...see you all tomorrow...
[11:13] {Threei} take care ese
[11:13] {magoo} bye es
[11:13] {Chaeron} bye ese!!!
[11:13] {Chaeron} shoot... he's fast
[11:13] {Threei} wow ARBA
[11:15] {dino} out joyg .51 +.10
[11:19] {judijim} we're here, good morning all
[11:19] {Threei} hi jj
[11:19] {Threei} AAPL .21 long
[11:19] {Threei} if stays above 183
[11:23] {Threei} 1;1
[11:24] {GeoArb} chl
[11:29] {Threei} PEIX breaking Fri low
[11:30] {Threei} if .10 getting hit, want to short it with .26 stop
[11:34] {Threei} pretty much looks like market restored its natural relation with oil, doesn't it?
[11:34] {Threei} FCEL
[11:34] {Threei} HEARING SHARES INITIATED WITH A BUY RATING AT THINKPANMURE; PRICE TARGET $13
[11:37] {dino} oil down, market down
[11:37] {dino} ?
[11:37] {Threei} that was unnatural one
[11:37] {Threei} last days it gets back to moving in opposite directions
[11:37] {dino} dji is down, oil is down2 bucks
[11:38] {Threei} NASDAQ's up, and if you look at charts, they are pretty much matching in reverse
[11:44] {Threei} RACK half lot short .58
[11:45] {Threei} if stays below .75
[11:46] {Threei} 11:11am [RACK] Slides lower on chatter RACK lost business from Amazon.com
[11:46] {magoo} basically invalidated
[11:47] {Threei} yeah
[11:47] {Threei} even if doesn't break .75, looks questionable
[11:49] {Threei} don't know what to make of FCEL
[11:49] {Threei} chart and upgrade look nice,
[11:49] {Threei} energy sector weakness doesn't really play into this move
[11:54] {Threei} http://www.realitytrader.com/blog/2008/05/there-are-things-in-trading-that-run.html works OK now
[11:59] {Threei} PEIX is haunting me
[12:00] {Threei} had short idea from last week, and never found right entry
[12:00] {Threei} which of course is painfully obvious now in hindsight
[12:07] {Threei} PEIX if triggers has two resistance levels now,
[12:07] {Threei} .21 for scalpers and .26 for longer hold
[12:24] {Threei} does that link above work for everyone?
[12:24] {Threei} everyone who isn't asleep that is
[12:24] {magoo} not here
[12:25] {hawkfan4} yes indeed, worked for me
[12:25] {Threei} ty hawk
[12:25] {Threei} mags... tried just now?
[12:26] {Threei} what about http://www.realitytrader.com/blog?
[12:26] {magoo} ok..worked just now vad
[12:26] {Threei} :)
[12:38] {Threei} RIMM formed resistance at .50
[12:38] {Threei} if market picks up, break of it is long
[12:38] {Threei} desirable if holding above .30
[12:40] {Threei} so far so good
[12:40] {Threei} need NQ to take 1975
[12:41] {dino} joyg l .08, sm
[12:57] {magoo} mkts trying
[12:57] {Chaeron} was RIMM invalidated?
[12:57] {Threei} yes
[12:57] {Chaeron} *sigh*
[12:58] {Threei} went down to .10
[13:26] {Threei} quite fragmented move
[13:26] {Threei} I am trying to find leading sector, not very easy
[13:27] {Threei} techs seem to be leading the move, but a lot of usual suspects don't do much
[13:27] {Threei} BRCM looks like amoeba
[13:27] {Threei} NVDA like dead amoeba
[13:27] {Threei} QCOM is one of the strongest
[13:33] {magoo} INET quotes down
[13:37] {Threei} problem with charts too it seems
[13:37] {Threei} stopped updating
[13:39] {dino} joyg stop to .48
[13:39] {dino} out +.40
[13:42] {Threei} dino, take a look at USO and NQ
[13:43] {Threei} probably a new pattern to observe and exploit
[13:43] {Threei} well... return to old one rather, lol
[13:44] {Threei} US ENERGY SEC BODEMAN: FAVORS TAX CREDITS FOR RENEWABLE ENERGY THAT WOULD "COME TO AN END"
[13:44] {Threei} hmm?
[13:44] {Threei} I ned interpreteur
[13:45] {magoo} ive got a satuck inet sell ordere vad..u know any way to cancel it?
[13:45] {Chaeron} hmmm... renewable that comes to the end? or the tax credits that will come to an end... sheeesh...
[13:45] {Threei} says invalid exchange method
[13:45] {Threei} INET is offline
[13:45] {magoo} yes
[13:46] {Threei} that's what confuses me chaeron
[13:47] {magoo} if i sell it in arca..will it fill me short in inet?
[13:47] {Threei} we don't know orders status
[13:47] {Threei} no way to tell
[13:48] {Threei} if all orders got canceled when INET went offline, you are safe
[13:48] {Threei} if they are in and get filled while we have no reports, may find yourself short
[13:48] {Threei} if sell via ARCA meanwhile
[13:56] {dino} csiq
[13:56] {magoo} dam..missed RIMM with these data isues
[13:57] {Threei} I see no news CSIQ
[14:05] {Threei} QCOM
[14:05] {Threei} .80 long if market continues upward, and if stays above .70
[14:07] {dino} elon
[14:10] {Threei} go away PERT
[14:11] {Threei} jeez
[14:11] {Threei} oil drop again, new low
[14:13] {Threei} hopefully, we will see oil renamed to oyl soon enough
[14:14] {magoo} u placing orders thru arca here vad?
[14:14] {Threei} yes sir
[14:14] {magoo} in qcom .80
[14:14] {Threei} they say it's fixed but I like to be on a safe side
[14:15] {Threei} no reports on executions are in yet
[14:15] {magoo} well my order not canx yet?
[14:15] {Threei} nope
[14:15] {Threei} but message changed
[14:16] {magoo} what quote server u using?
[14:16] {Threei} 18
[14:18] {dptl} got to go....have a good evening all
[14:18] {Threei} take care dp
[14:19] {magoo} u 2 dp:)
[14:28] {dino} esni
[14:30] {dino} ensi
[14:30] {GeoArb} vad dcc
[14:35] {Threei} FED'S YELLEN: FED POLICY MAKERS FORECAST WEAK ECONOMIC GROWTH, WEAK GROWTH DATA ALONE NOT ENOUGH TO JUSTIFY RATE CUTS - COMMENTS TO REPORTS
- Notes that Fed must reverse rate cuts as economy improves, a 'significant' change to forecast needed for more cuts.
[14:36] {dino} cgrb
[14:43] {Threei} QCOM over 1:1
[14:46] {fernp} out QCOM +.15 and out QQQQ +.23 TY vad
[14:47] {dino} gj
[14:47] {Threei} welcome fern
[14:49] {magoo} u out qcom vcad?
[14:49] {Threei} yes
[14:49] {magoo} oops..ok
[14:50] {magoo} out .92TY
[14:54] {Threei} too early to ecide... but debating with myself holding PEIX short overnight
[14:55] {Threei} DAL, NWA, UAUA
[14:55] {Threei} all are trying to raise their heads as oil drops
[15:00] {Threei} 128.50 oil
[15:00] {Threei} nice to see
[15:01] {Threei} but honestly, I don'ty think we've seen a final top yet
[15:01] {magoo} vad dcc
[15:02] {dino} sm s ensi .74
[15:21] {dino} ensi bstop to .24
[15:28] {dino} cov ensi .25, +.49
[15:29] {Threei} tom, you here?
[15:36] {Threei} ok, NQ is climbing, but what is going up with it, aside of AAPL/RIMM?
[15:36] {cosmo} smoke?
[15:37] {Threei} I don't see much stocks to utilize, QID seems to be almost sole option to play it
[15:39] {Threei} geo, dcc
[15:46] {magoo} new message vad
[15:47] {Threei} yes
[15:47] {magoo} i gonna hbave to cut it...???
[15:50] {Threei} see dcc mags?
[15:51] {dino} gotta hop all, baseball game, thx for ideas.
[15:51] {Threei} take care dino
[15:59] {Threei} magoo takes prise as a luckiest son of a gun today
[15:59] {Threei} INET outage made him too much money, lol
[15:59] {Threei} tom has all the reasons to be happy about it too
[16:00] {fernp} good evening all. see you tomorrow
[16:00] {Threei} and even I got couple hundreds unplanned thanks to it
[16:00] {Threei} wierd, usually this kind of things works against traders
[16:00] {magoo} 3 points
[16:00] {Threei} take care fern
[16:00] * Threei slaps magoo around a bit with a large trout
[16:00] {magoo} absolutely..thought against me for sure
[16:01] {Threei} oh well... nice to get some break once in a while :)
[16:01] {Threei} and ese is going to be happy to see his FCEL up
[16:01] {magoo} yeah...will still be holding breathe into tomorrow
[16:02] {Threei} OK guys, thank you all
[16:02] {Threei} have a good evening
[16:02] {Threei} see you tomorrow
[16:02] {magoo} u too boss
[16:02] {magoo} thanx again
[16:02] {Threei} welcome
[16:03] {Threei} too muc tension for short week, eh? :)
[16:03] {magoo} yeah..but profit takes sting out
