Monday, June 2, 2008

Jun 02 2008

Session Time: Mon Jun 02 00:00:00 2008

[08:02] {Threei} CPST
[08:31] {Threei} CSIQ
[08:31] {Threei} SIGNS $500M SUPPLY AGREEMENT WITH NEO SOLAR POWER- Under the terms of the new agreement, NSP will supply several hundred megawatts (MW) of solar cells through 2013
[08:32] {Threei} NKTR
[08:32] {Threei} NKTR interesting daily
[08:35] {Threei} 06/01/08 10:03pm Energy: FT reports that prices in the solar power industry could collapse
[08:43] {magoo} morn
[08:43] {Threei} magoo :)
[08:47] {magoo} news ACOR?
[08:47] {Threei} 06:00am [ACOR] Releases positive data from a second Phase III study of Fampridine-SR on the walking ability of people with multiple sclerosismore
[08:48] {magoo} good pre volume vad
[08:58] {magoo} ACOR very active vad, any read?
[08:58] {Threei} on such gap, no
[09:00] {Threei} FSLR sizeable hit
[09:03] {magoo} IMCL
[09:04] {Threei} 08:20am [IMCL] CEO: Erbitux trials were in patients with more severe illness than patients in Avastin trials -- TV interview
[09:05] {Threei} BEXP
[09:09] {fernp} good morning
[09:12] {Threei} fern :)
[09:20] {dptl} good morning all
[09:20] {Threei} dp :)
[09:21] {pita} gm everyone
[09:21] {Threei} pita :)
[09:21] {Threei} observing CPST battle
[09:21] {Threei} daily formed bull flag
[09:22] {Threei} break of 4 - 4.05 zone is an idea for entry
[09:23] {Threei} if loses 4.90, will have to re-evaluate
[09:23] {Threei} 3.90 sorry
[09:24] {_osbo} hi
[09:25] {Threei} osbo :)
[09:25] {Threei} QTWW is still on radar too
[09:27] {dino} gm all
[09:27] {Threei} dino :)
[09:28] {Threei} BEXP is trying
[09:29] {Threei} risky one
[09:29] {Threei} I'd like to see some consolidation on it first
[09:31] {Threei} let's try CPST 4.01 long with stop under 3.90
[09:32] {magoo} dont look BEXP
[09:32] {magoo} sigh
[09:32] {Threei} untradeable spike
[09:34] {Threei} drop closer to 15 if we are lucky
[09:34] {Threei} small shares if gives entry
[09:34] {Threei} volatility is a killer on it
[09:35] {magoo} yeah
[09:36] {Threei} WIND, another one of interest if pulls back
[09:37] {Threei} cpst invaliadated
[09:37] {magoo} look at RIMM vad
[09:37] {magoo} if IF mkt turns up
[09:38] {dino} abmd
[09:39] {Threei} 07:00am [ABMD] Receives 510(k) clearance from the FDA for Impella 2.5 device
[09:40] {Threei} FRPT
[09:42] {Threei} SBAC half lot long .50 if stays above .35
[09:45] {Threei} WIND worth a try here
[09:45] {Threei} .21 long
[09:45] {Threei} .09 stop
[09:46] {Threei} market can't find floor so far
[09:46] {dino} wants -200 dji
[09:48] {Roman} 21 BCON
[09:48] {Roman} 21 long
[09:48] {Roman} 21 1.97
[09:48] {Roman} 21 small
[09:51] {Threei} WIND invalidated
[09:52] {Threei} fuqi
[09:52] {dino} hrs
[09:55] {dino} hrs sm l .35
[09:55] {Threei} slow one, acts like salmon: RFMD
[09:56] {Threei} break of 4 on daily leaves it with no resistance for quite a while
[09:56] {Threei} 4.10 worth a try with stop under 4
[09:57] {Threei} what's got into ROYL
[09:59] {dino} athn
[10:00] {Threei} MAY ISM MANUFACTURING: 49.6 V 48.5E; PRICES PAID: 87 V 85.0E
[10:00] {Threei} APR CONSTRUCTION SPENDING M/M: -0.4% V -0.6%E
[10:02] {Threei} SEED
[10:02] {Threei} .75 long
[10:02] {Threei} stop under .60
[10:03] {Threei} let's worry about that in 2029
[10:05] {esemde} I' am in....good morning. still struggling with log in. have to go to your webste Vad and take server number to log in in ...not automatic anymore
[10:05] {Threei} hi ese
[10:05] {Threei} enter it as a resreve server in your mirc
[10:05] {Threei} will be much faster
[10:06] {Threei} host experiences DNS problem, so have to log in with direct IP
[10:06] {esemde} what is mirc
[10:06] {Threei} this software we are in right now :)
[10:06] {esemde} ahhhh
[10:07] {Threei} File-Options-Connect-Add
[10:07] {esemde} Ok where do i find that
[10:07] {esemde} tks your fast
[10:07] {Threei} btw, IntelliScan users, everyone got e-mail?
[10:07] {esemde} yes
[10:08] {magoo} yes
[10:15] {Roman} 21 QTWW Quantum Fuel resumed with a Buy at Ardour Capital; tgt $4.50 (2.45 +0.02)
[10:15] {Threei} let's trail SEED to under .65
[10:15] {Threei} QTWW daily looks interesting if breaks .57
[10:15] {esemde} nice idea Vad sharing your scans....
[10:15] {esemde} tks
[10:15] {Threei} :)
[10:16] {Threei} Geo's idea
[10:17] {Threei} new 52 week highs will put QTWW in almost uncharted territory... last time it was above these levels was in 2006
[10:18] {Threei} XIDE
[10:18] {Threei} .25 half lot long
[10:18] {Threei} stop under17
[10:20] {judijim} gm everyone
[10:20] {Threei} come on XIDE, you can move
[10:20] {Threei} jj :)
[10:21] {dino} axys
[10:22] {Roman} 21 FEED
[10:22] {Roman} 21 long small
[10:22] {Roman} 21 15.53
[10:24] {Threei} BRCM
[10:24] {Threei} 28 breakdown short
[10:25] {Threei} .11 stop/invalidating level
[10:25] {Threei} .21 is better resistance but want to keep it tight, even at risk of being shaken out
[10:26] {Threei} off radar
[10:27] {Chaeron} good morning all
[10:27] {magoo} C babt:)
[10:27] {esemde} CcccccccHhhhhhhh baby
[10:28] {Threei} chaeron :)
[10:28] {Chaeron} heya mags, ese, Vadster
[10:28] {dino} hrs stop to .42
[10:28] {dino} out +.07
[10:32] {Roman} 21 GEOI
[10:32] {Roman} 21 wants over @9
[10:32] {Roman} 21 29
[10:33] {magoo} .
[10:33] {Threei} BEXP will never stop uh?
[10:33] {magoo} ..
[10:34] {magoo} vad server quick..quotes
[10:34] {Threei} neither will acor
[10:34] {Chaeron} whatcha need mags?
[10:34] {magoo} quote server??
[10:34] {magoo} im dead here
[10:34] {Threei} quotes off
[10:35] {Chaeron} yep
[10:35] {Threei} grr
[10:37] {dino} what do you guys need?
[10:37] {Threei} XIDE?
[10:37] {dino} bexp 17.50, hrs 55.25, rimm 136.40
[10:37] {hawkfan4} 16.98
[10:37] {hawkfan4} xide
[10:38] {Threei} ugh
[10:38] {dino} 17 xide
[10:38] {Threei} ty... and RFMD?
[10:38] {Chaeron} back on
[10:38] {Chaeron} 4.04
[10:39] {dino} 4.05
[10:39] {Threei} ok back here too
[10:39] {magoo} server??
[10:39] {Chaeron} #5 here
[10:39] {Threei} 3
[10:40] {magoo} ty
[10:40] {magoo} charts??
[10:40] {Chaeron} #3
[10:41] {magoo} ty guys
[10:42] {Chaeron} :)
[10:42] {dino} no problem man
[10:42] {dino} (as dino re-lives a jamaica trip)
[10:43] {Chaeron} I think XIDE invalidated
[10:43] {magoo} dino passes by with beads and braides in his hair
[10:43] {Chaeron} dino - shuddap.. :))
[10:44] {fernp} out JBL +.40
[10:44] {magoo} BEXP just has the feel vad
[10:44] {dino} irea mon
[10:45] {Threei} what was that on VVUS?
[10:46] {Roman} 21 out 1/2 FEED +.58
[10:46] {Threei} FEED works roman
[10:47] {Threei} nice one
[10:47] {Threei} I can't find squat so far
[10:47] {Roman} 21 still in SEED?
[10:47] {Threei} yeah
[10:47] {Threei} FEED helps it
[10:48] {Threei} not sure it has mojo
[10:48] {Threei} expected it to perform much better after taking big resistance
[10:50] {Threei} .50 loss short BEXP, half lot
[10:51] {magoo} now that scares me...
[10:51] {magoo} i like it long
[10:51] {Chaeron} in caxses like this magoo, do the opposite of what *I* do :)
[10:52] {magoo} what u gonna do?
[10:52] {Chaeron} I'm not tellin' :P
[10:52] {magoo} that makes it hard
[10:52] {Threei} use .75 as invalidating level
[10:53] {Threei} there... no need to be scared anymore :)
[10:53] {Roman} 21 long CSUN
[10:53] {Chaeron} I was trying for long at .76
[10:53] {magoo} feel much better now, TY
[10:53] {Roman} 21 1/3 size small 11.68
[10:53] {Roman} 21 SOLF, JASO, radar
[10:54] {Roman} 21 long ESLR
[10:54] {Roman} 21 10.08
[10:54] {Roman} 21 small
[10:55] {dino} athn sm l .10
[10:56] {magoo} BEXP risky..but feel 19 comith
[10:57] {magoo} not in
[10:57] {magoo} i will post if go
[10:57] {magoo} very RISKY
[10:57] {magoo} like trying to pluck tomatoe off end of vads kabob
[10:57] {magoo} while he holding it
[10:59] {Threei} in yet?
[11:00] {magoo} no
[11:01] {Threei} viscous market today
[11:01] {Threei} not my kind
[11:01] {magoo} thats the problem
[11:01] {magoo} mkt won't go
[11:01] {magoo} very weak market
[11:02] {magoo} my grandfather warren always said...go with your gut
[11:02] {magoo} u may know him
[11:02] {Threei} LDK
[11:02] {magoo} buffet?
[11:02] {Threei} .90 half lot long
[11:02] {Threei} this pullback will show the stop level
[11:03] {dino} lod's
[11:04] {Threei} QTWW honestly trying
[11:04] {dino} as opposed to?\
[11:05] {Threei} all those that just pretend to
[11:05] {dino} ahhh i knew you had a point
[11:07] {Roman} 21 ACPW Active Power announces China Utility selects eight powerHouse systems from Active Power (1.46 +0.06)
[11:07] {Roman} 21 big new fo ACPW
[11:07] {magoo} dubya on cnbc..seems confused lol
[11:07] {Roman} 21 in 1.70
[11:07] {magoo} l aapl here .77
[11:08] {magoo} small..stop lod
[11:10] {Roman} 21 long GLBL
[11:10] {Roman} 21 17.39 , slow
[11:11] {Threei} finally SEED
[11:11] {magoo} out here .01
[11:11] {magoo} + .34
[11:12] {Threei} wtg
[11:12] {Threei} out SEED .90
[11:12] {magoo} has more but heh..scalpin
[11:15] {magoo} LDK invalid vad?
[11:15] {dino} avan
[11:16] {Threei} yeah
[11:16] {Threei} scalped CSUN, ty Roman
[11:16] {Threei} AVAN
[11:18] {magoo} l bexp .30 if gets there RISKY..too appx. .9123246
[11:18] {magoo} needs to trigger..scary on pullbacks
[11:19] {Threei} sheesh AVAN
[11:19] {dino} top?
[11:20] {Chaeron} I feel as though the trades are all passing me bye, pointing and laffing as they go...
[11:20] {dino} v sm waiting at 22.40 for now
[11:20] {Chaeron} by... sorry Raven... too fast fingers
[11:20] {dino} me too chaer
[11:20] {magoo} vad too
[11:21] {dino} everything feels a bit off today
[11:21] {magoo} vad..AVAN avail short just in case
[11:21] {Threei} true dino
[11:21] {Threei} those that move don't give clean entries
[11:21] {Threei} and those that show setups don't move
[11:22] {dino} y
[11:22] {Threei} Monday hangover
[11:22] {dino} i have 6 orders floating out there, nothing hitting
[11:22] {magoo} i have 6 stops out there..all vads
[11:23] {Threei} here is today's market:
[11:23] {magoo} KIDDING {just want my trout}
[11:23] {Threei}
[11:25] {Threei} good news
[11:25] {Threei} Google finance has real time quotes now
[11:25] {magoo} funny video vad
[11:25] {Threei} we may stop trading off 15 minutes delay
[11:25] {Threei}
[11:29] {dino} gifi
[11:30] {Threei} BRCM 28 short would have worked if I didn't overtighten invaliding level
[11:30] {Threei} day of missed opportunities, today is
[11:31] {dino} indeed
[11:32] {dino} whats w/gifi?
[11:32] {magoo} is still young
[11:32] {Threei} nothing fresh GIFI
[11:32] {magoo} lotsa time to miss lots more
[11:32] {Threei} lol
[11:32] {dino} lol
[11:33] {magoo} l aapl .50
[11:33] {dino} magoo, forever the optimus (not)
[11:33] {magoo} small
[11:33] {magoo} stop .11
[11:33] {dino} optimist
[11:35] {magoo} i am what i am..just a man..doing best i can
[11:35] {Threei} magoo doing poerty is last thing I hoped to see
[11:36] {magoo} waiting on aapl @ 187.11
[11:36] {dino} popeye
[11:36] {magoo} no..last thing u want to see is magoo doing porno he he
[11:37] {Threei} even mental image of that burns my retina
[11:37] {dino} here comes the -200
[11:38] {dino} cx avan short order, sometimes i expect too much
[11:38] {pita} later all
[11:38] {Threei} take care pita
[11:40] {magoo} bye pita
[11:40] {Threei} ever seen 40 cents spreadon $2 stock?
[11:41] {Threei} EDEN
[11:43] {magoo} aapl hits 2:1..u on your own...i still in it
[11:47] {Threei} VLNC woke up a bit today
[11:47] {Threei} had news earlier, I hesitated about it because none of this small ones moved
[11:47] {Threei} didn't want to get stuck in one more
[11:48] {Threei} look at QTWW... new 52 week highs, perfect daily, news... and it barely moved
[11:48] {Threei} in the right sector too
[11:48] {Threei} ENER
[11:50] {Threei} Roman is about the only bright star in the sky today
[11:50] {magoo} i hit a couple
[11:50] {magoo} scalpers
[11:51] {Threei} sure did
[11:51] {Threei} but I ignore you, you know that, right?
[11:51] {magoo} oh right :)
[11:51] {Threei} :)
[11:56] {Threei} RIMM long here with stop under .70
[11:58] {dino} lol
[11:59] {Threei} 1:1 in a hurry
[12:01] {Threei} QTWW new high, full cents higher than old high
[12:01] {Threei} with such blazing speed it risks to burn its skin to blisters
[12:02] {hawkfan4} lol
[12:03] {Threei} wow... magoo, look what stock I found
[12:03] {Threei} MAGS
[12:04] {magoo} AWESOME..u can buy stake in me
[12:04] {Threei} you've got nice chart but lousy volume
[12:04] {magoo} thats what my wife tells me
[12:04] {Threei} be a doll and trade half mil, will ya
[12:05] {Threei} look at little engine that could
[12:05] {Threei} QTWW I mean
[12:05] {Threei} bravely made another cent
[12:07] {Threei} RIMM 1:2 almost
[12:07] {Threei} out .27
[12:07] {Threei} +.36
[12:07] {Threei} irony aside... just how anemic market ought to be to ignore all the factors in QTWW
[12:08] {Threei} in any kind of more or less active market I would expect this thing to be closer to 3 already
[12:16] {Threei} JRCC, small shares long if stays above 40 and takes 40.15
[12:19] {Threei} not likely to hold
[12:19] {Threei} but if does, has real power
[12:20] {dino} cme 404,
[12:20] {Threei} in
[12:20] {Threei} .95 stop
[12:21] {Threei} showed nice determination taking all those offers, gotta respect that
[12:21] {Threei} hopefully can take .20 too
[12:21] {magoo} where u in? .15
[12:21] {Threei} got patials, .10, .14 and .15
[12:21] {magoo} k
[12:21] {Threei} there were hidden orders I guess
[12:22] {magoo} probably roman :)
[12:22] {Threei} come on JRCC, be finally one that works for real
[12:25] * Threei pokes JRCC with sharp stick
[12:27] {Threei} like poking amoeba
[12:29] * Threei kicks JRCC in the rear with steel-toed heavy duty army boots
[12:29] {dino} poking and amoeba should not be in same sentence
[12:29] {Chaeron} lost carrot from last week?
[12:29] {Threei} ok... let's try that
[12:29] * Threei dangles a carrot in front of JRCC's nose
[12:32] {Threei} does its amoeba-like shape prevents me from telling where the nose is vs rear?
[12:34] {Threei} now now JRCC... don't look baack anymore
[12:35] {dino} lod
[12:35] {Threei} sheesh... sudden market drop stoped it just when it was ready
[12:35] {Threei} this is what send market down IMO
[12:36] {Threei} look aat MER and LEH
[12:38] {dino} -200
[12:39] {Threei} sigh
[12:39] {Threei} stopped JRCC
[12:39] {Chaeron} blame S&P... they could have waited a few more minutes...
[12:40] {Threei} or we should have taken 1:1
[12:40] {Threei} but heck, didn't this thing have all the markings of a real runner
[12:44] {dino} 12440 support area 1948 ndx
[12:48] {Threei} ACOR short small shares .55, .75 stop
[12:48] {dino} sm l avav .41
[12:49] {Threei} LEH half lot short.15
[12:49] {Threei} stop .35
[12:49] {Threei} too fast LEH?
[12:50] {Threei} or someone managed to get it?
[12:50] {magoo} not i
[12:50] {Chaeron} nor I
[12:50] {Threei} cut through tirgger too quickly
[12:51] {Threei} 0ver 50 cents drop...
[12:54] {dptl} ah...stopped acor
[12:54] {Threei} did it trigger?
[12:55] {Threei} I must have missed it with LEH
[12:55] {dptl} .77 trades went off
[12:55] {Threei} no, I mean trigger on entry
[12:56] {dptl} yes got .54
[12:56] {Threei} one of those days
[12:56] {dptl} yeah...i am having really bad day
[12:57] {Threei} not a first time... and you always recovered and made some
[12:58] {dino} ksws s .52
[13:00] {Threei} ese, look dcc please
[13:02] {Threei} market reacts on financials news as if it was a surprise
[13:03] {Threei} like anyone in their right mind thought everything was fine in fancial sector
[13:03] {Threei} financial
[13:04] {dino} ksws stopped -.25
[13:08] {Threei} MER new lows
[13:08] {Threei} LEH stabilized so far
[13:09] {Threei} better bounce candidate
[13:13] {dino} ipi sm l .55
[13:14] {Threei} Roman, still in CSUN?
[13:15] {Roman} 21 no
[13:15] {Roman} 21 out
[13:15] {Threei} OK... moved nicely after all
[13:19] {Threei} LEH pullback worth long try
[13:22] {Threei} first strength from here
[13:23] {Threei} in .91
[13:23] {Threei} stop under .80
[13:24] {Threei} out half +.12
[13:24] {Threei} stop ro .88
[13:24] {Chaeron} I took +.14 scalp... many thanks for LEH
[13:24] {Threei} welcome
[13:25] {Chaeron} in .93 - out .07
[13:28] {Threei} MER .15 long if stays above 42
[13:30] {Chaeron} heck
[13:34] {Threei} what did they concentrate before on?
[13:37] {Threei} interesting... LEH drops alone this time
[13:37] {Threei} MER is holding, market too
[13:37] {Threei} are they in the race now "who is next BSAC"?
[13:38] {magoo} BEXP interesting
[13:38] {Threei} wou;dn't you expect JPM to go up on all this, since they are likely to buy next failed bank for $3? {G}
[13:40] {Threei} MER is valid again, IMO
[13:40] {magoo} in aggressive .12
[13:40] {Threei} lol
[13:40] {Threei} me too
[13:41] {hawkfan4} me three
[13:41] {magoo} chaer??
[13:41] {Threei} uh oh
[13:42] {Chaeron} not me - dang phone
[13:43] {dptl} stop 42?
[13:43] {Threei} under
[13:43] {dptl} ok
[13:43] {Threei} it tagged .95 on last pullback
[13:43] {Threei} so it's either .99 or .94 now
[13:43] {Threei} depending on your entry, position size and risk tolerance
[13:45] {Chaeron} mer long @ .15?
[13:45] {Threei} magoo... you decide
[13:47] {magoo} huh?
[13:47] {Threei} let chaeron in or not
[13:47] {magoo} alright..let him know
[13:47] {magoo} been weird day..who knows
[13:47] {Threei} chaeron... magoo said yes
[13:48] {magoo} may help
[13:48] {Threei} what do you know... it did
[13:52] {Chaeron} I miussed
[13:52] {Chaeron} I am so mad... phone
[13:52] {Chaeron} too late?
[13:52] {Threei} don't chase
[13:52] {Threei} chart looks good but this is very liquid situation
[13:52] {Threei} MER is in the middle of hot battle
[13:53] {Threei} anything can happen here
[13:54] {Threei} for .12 entry 1:1 here
- Policy must be flexible to repond to developments, either on the ground or inflation.
[13:55] {Threei} - There is no doubt that the weaker dollar has helped US exports, raised commodity prices.
[13:55] {Threei} - Sees US economic growth below 2.5-3.0% in 2009, growth in 2009 will be higher than H208 but below potential.
[13:55] {Threei} - Libor can continue to seve the market well, libor is a vital part of the financial system.
[13:59] {magoo} .
[14:00] {Chaeron} sigh
[14:00] {magoo} i said u could go with us
[14:01] {Chaeron} I couldn't get
[14:02] {Chaeron} I hate my phone toiday
[14:02] {Threei} me out at .40
[14:03] {Threei} magoo, hawk... you still in?
[14:03] {hawkfan4} yes
[14:03] {Threei} brave soul
[14:04] {Threei} dp?
[14:04] {dptl} still in
[14:04] {magoo} me too
[14:04] {Threei} good luck guys... my scalper's blood is boiling
[14:05] {dino} avav stop to .81
[14:08] {hawkfan4} out .54, thx Vad
[14:08] {Threei} sheesh you guys... 40 cents is not enough for you to take partial at least?
[14:08] {Threei} whew
[14:08] {dino} pigs
[14:09] {Threei} looking at its chart today, is it reasonable to expect it to recover all the way to 43?
[14:09] {Threei} stranger things happened of course
[14:09] {_rant} any read on FMCN ?
[14:10] {Threei} FMCN is weither short on 38 breakdown or long on 38.15 breakout
[14:10] {Threei} small shares in any case
[14:10] {Threei} volatile one
[14:10] {_rant} thx
[14:10] {_rant} is
[14:10] {Threei} sure... be careful with it
[14:10] {_rant} huge short interest
[14:10] {Threei} capable of hurting bad
[14:11] {_rant} mkt seems to be done with selling..i guess
[14:11] {Threei} looks this way
[14:11] {magoo} still in
[14:11] {Threei} mags, dp, you have over 60 cents profit
[14:11] {Threei} do I have to trout you to protect some?
[14:11] {magoo} out .67 TY
[14:12] {Threei} too late
[14:12] * Threei slaps magoo around a bit with a large trout
[14:12] {Threei} I already decided to trout you
[14:12] {Threei} but welcome :)
[14:12] {Chaeron} nice job magoo... I'll have to sit out more often
[14:12] {magoo} i got in .12 w/u
[14:12] {Threei} cut that cord chaeron
[14:13] * Threei slaps dptl around a bit with a large trout
[14:13] {dptl} offering 43.15
[14:13] {Threei} eeck
[14:14] {Threei} are you trying to recover previous stops all in one swoop?
[14:14] {dptl} traling under .50
[14:14] {Threei} OK, if trailing then valid way to play it
[14:15] {Threei} I withdraw my objections
[14:15] {Threei} but not trouting
[14:15] {dino} avav stop to .92
[14:15] {Threei} nice one dino
[14:16] {dino} ty
[14:16] {dino} nobody pays attention anymore, :)
[14:16] {Threei} I do
[14:16] {Threei} I just pretend not to
[14:16] {dino} lol
[14:16] {dino} see, bruce would
[14:16] {Threei} just to maintain an image of generally not very nice man, you know
[14:17] {dino} take it to .99
[14:17] {Threei} LEH followed the path of recovery too but I was hesitant on it
[14:17] {Threei} didn't like how it dropped while MER and market overall stopped making new lows
[14:18] {Threei} ROYL... very scary thing,
[14:19] {Threei} as it pulls back into .50 resistance those who are seriousl adrenalin deprived may consider an entry
[14:19] {Threei} sorry, .50 support
[14:20] {dino} ncoc
[14:23] {dptl} ahh out .50 mer ty
[14:24] {Threei} welcome
[14:24] {dino} gj
[14:24] {Threei} with LEH and MER plays, did we minimize damage?
[14:25] {dino} avav tighten to .13
[14:25] {Threei} too bad that LEH short got away.... was pure beauty
[14:26] {dino} ath stop to .40 all day
[14:29] {dino} to .58
[14:31] {dino} avav to .31
[14:31] {magoo} anyone hit ROYL?
[14:31] {Chaeron} not my type of spread... thanks tho
[14:32] {dino} out avav .35 ave. +.94
[14:33] {Threei} wtg
[14:33] {dino} lucky
[14:33] * magoo slaps dino around a bit with a large trout
[14:33] {dino} should've caught me on tight stop sooner
[14:34] {Threei} LEHMAN MAKING CAUTIOUS COMMENTS ON SOLAR NAMES- Cautions on companies with strong Spanish business due to the possible ramifications of new Spanish legislation inhibiting MW growth.{SOLF CSIQ STP YGE}
[14:34] {dino} out athn .63 +.53
[14:34] {Threei} CFC?
[14:35] {Threei} asnyone sees any news?
[14:36] {hawkfan4} 14:32 CFC Countrywide: BAC CEO Lewis affirms Countrywide purchase - Bloomberg (5.40 +0.14)
[14:36] {Threei} ty, not on my wires
[14:36] {dino} 8/15 expected close date 6.11/sh
[14:37] {Threei} 6.11 cash?
[14:38] {dino} bac no .1822
[14:38] {Threei} here is from earlier todasy:
[14:38] {Threei} [BAC] Bank of America Corp CEO: Sees no reason for dividend cut, has no interest in buying investment bank, sees no need for strategic acquisitions at this time
[14:38] {Threei} - Notes sees current credit crunch better than 1973-1974
[14:38] {Threei} - Affirms CFC purchase if markdowns are accurate, notes that CFC has better technology
[14:39] {Threei} so it's still conditional and tied to BAC price
[14:39] {Threei} tough to play
[14:40] {Threei} ROYL start looking like momo resumption, mags
[14:41] {Threei} 7.90 - 8 area if taken can send it anywhere
[14:41] {Threei} to 9 or to 7
[14:41] {Threei} make your pick
[14:45] {Threei} rant, nice scalp if you shorted FMCN
[14:45] {Threei} 1:2 easy
[14:57] {Threei} LULU earnings after closer
[14:58] {Threei} ACOR
[14:58] {Threei} CEO: APPROVAL OF FAMPRIDINE WOULD TRANSFORM COMPANY- says drug sales could finance research on other multiple sclerosis-related drugs, two newer drugs have repaired nerve insulation in animals
[14:59] {Threei} if QTWW closes around here, going to take it home
[14:59] {Threei} could turn into swing trade
[15:00] {magoo} is LULU the crazy one?
[15:00] {Threei} yes
[15:00] {Chaeron} well named
[15:01] {Threei} LOL!!!
[15:01] {Threei} look at this
[15:01] {Threei} MER
[15:02] {Threei} now I am waiting for MER defending LEH, and after that I will be able to say "now I've seen it all"
[15:07] {Threei} CSUN spiking
[15:10] {Threei} CSUN
[15:14] {Threei} LEH daily looks like catastrophe in the making
[15:14] {magoo} short setup?
[15:15] {Threei} hard to tell
[15:16] {Threei} nothing really on intraday
[15:18] {Threei} let's keep an eye on both of them tomorrow
[15:18] {Threei} LEH andf MER
[15:19] {Threei} less interested in MS
[15:20] {Threei} JPM maybe short tomorrow if consolidaates close to 41.60 and breaks down
[15:22] {Threei} why am I stuttering on a all the time
[15:23] {magoo} ?
[15:23] {Threei} consolidaates
[15:24] {Threei} LEH is really the weakest in the group
[15:24] {Threei} probably will be our main target among financials tomorrow
[15:25] {Threei} unless I forget
[15:26] {Chaeron} I'll remind you
[15:27] {Threei} thank you
[15:27] {Threei} (providing you don't forget)
[15:27] {magoo} LOOK at qqqq chart
[15:28] {Threei} ?
[15:28] {magoo} as in upward
[15:29] {Threei} ugh... CSUN waoke up
[15:31] {_Kazaam} vad, can trial members ask questions?
[15:31] {Threei} can? they must
[15:31] {Threei} :)
[15:32] {_Kazaam} thanks : )
[15:32] {magoo} isn't that a question? lol
[15:32] {Threei} sure
[15:32] {Threei} lol
[15:32] {_Kazaam} heh
[15:32] {Threei} we are fairly democratic bunch
[15:32] {Threei} except magoo
[15:32] {Threei} he is dictator
[15:32] {dino} slap him
[15:32] {Threei} nope
[15:32] {Threei} he loves it too much
[15:33] {magoo} c'mon....i dare ya
[15:34] {dino} double dog dare
[15:34] {_Kazaam} is the basic screening method for finding tradable stocks to watch the news? or do you guys trade the same basket of stocks everyday?
[15:34] {Threei} 3 things
[15:34] {Threei} 1. Usual suspects
[15:34] {Threei} those that we know to move nicely and have usually a read on
[15:34] {Threei} RIMM, AAPL, at some point BRCM and NVDA
[15:35] {Threei} 2. news-imapcted ones that get activity
[15:35] {Threei} and most broad group is those found by scanner
[15:35] {Threei} Scanner is tuned for our most traded setups
[15:35] {Threei} so it spits them out
[15:35] {Threei} we pick those that look good
[15:36] {Threei} thrid group provides mosr plays
[15:37] {_Kazaam} were the LEH and MER plays based on News? or scanner?
[15:37] {Threei} news
[15:37] {Threei} that credit downgrade is a biggie
[15:37] {Threei} financial sector is very vulnerable
[15:38] {Threei} and this kind of news was sure to bring activity
[15:38] {_Kazaam} there is so much news, do you filter it or do you just watch it all?
[15:38] {Threei} filtering mentally
[15:38] {dino} less is more
[15:38] {_Kazaam} gotcha
[15:39] {_Kazaam} thanks
[15:39] {dino} layn spike
[15:39] {Threei} trying to pick only those items that are focused in hot sectors,
[15:39] {Threei} mention known to move symbols,
[15:39] {Threei} contain potentially big news
[15:40] {Threei} CSUN news for instance matched all three criterias
[15:40] {Threei} known name, hot sector, nice news
[15:41] {Threei} overall however, less than stellar day for us
[15:41] {Threei} somehow it must be magoo fault... not sure how
[15:41] {_Kazaam} thanks for the detailed rundown, has it been a breakeven day for most?
[15:41] {Threei} I personally am slightly in the red
[15:41] {Chaeron} don't know how I did it but netted -$1.00 before commish
[15:42] {Threei} and holding QTWW slightly in the money
[15:42] {Threei} will see if it brings me joy and happiness tomorrow
[15:42] {dino} black here but only 5 trades
[15:42] {Chaeron} nice ones tho dino :)
[15:43] {_Kazaam} one average how many trades do you guys take a day?
[15:43] {Threei} who cares how many trades dino... profitable on one beats losing on 15 :)
[15:43] {dino} ty lucky
[15:43] {dino} missed layn short
[15:43] {Threei} hmm... not sure... really depends on market activity
[15:43] {Threei} I'd say anywhere from 3-5 to 10-15
[15:43] {dino} me, 10
[15:44] {magoo} not good to overtrade..odds work against you
[15:44] {Threei} JRCC, what a disgusting way to shake us out, then explode
[15:44] {Threei} look at it
[15:44] {Threei} no, better don't
[15:45] {magoo} gggggrrrrrrrrrrrrrrrrr
[15:47] {Threei} QTWW trying high again
[15:48] {Threei} cute little bugger
[15:49] {Threei} ok ROYL... let's do it
[15:49] {Threei} cut through 8, will ya
[15:50] {dino} mdvn l .56
[15:50] {Threei} out 8.20
[15:51] {magoo} nice one dav:)
[15:51] {Threei} you mags?
[15:51] {magoo} oyut
[15:51] {magoo} TY
[15:51] {Threei} :)
[15:51] {Threei} wasn't easy one by any means
[15:51] {Threei} but it's your kind
[15:52] {magoo} is it magoo or was today REAL work?
[15:52] {_rant} who is buyin at these levels :)
[15:52] {_rant} up 40%
[15:52] {Threei} those to whome we sell
[15:52] {Threei} (happily)
[15:52] {magoo} some would say "smart money" buys into bell
[15:53] {Threei} certainly was tough to read day mags
[15:53] {Threei} ROYL too me in black
[15:53] {Threei} tok
[15:53] {Threei} took
[15:53] {magoo} me too vad
[15:53] {Threei} there... just a third attempt, and I get 4-letts word right
[15:54] {magoo} took all day to get there
[15:54] {Threei} yeah, early stops were like ballast on the feet
[15:55] {Threei} but heck... as long as put emotions in the back pocket and trade valid setups, things normalize sooner or later
[15:55] {Threei} losses go in clusters sometimes
[15:55] {Threei} instead of being evenly distributed
[15:56] {_rant} still flying
[15:56] {_rant} wow
[15:56] {Threei} QTWW new 1 cent-high
[15:56] {_rant} i had a lousy of those days..where all trades were missed
[15:56] {Threei} it happens
[15:57] {_rant} no action..
[15:57] {Threei} don't let it become an emotional luggage
[15:57] {magoo} it was a tough day..tomorrow will be better..i vcan feel it
[15:57] {Threei} focussing on these things tends to create mental monsters
[15:57] {Threei} that eat you from inside
[15:57] {_rant} ya...forcing me to make mistakes
[15:57] {_rant} and break my own trading rules
[15:58] {Threei} hold on... lousy day meant you haven't gotten any trades?
[15:58] {_rant} ya
[15:58] {_rant} no trades at all
[15:58] {Threei} come on
[15:58] {_rant} just kept waiting and waiting
[15:58] {Threei} beats getting stopped too many times
[15:58] {_rant} :)
[15:58] {Threei} now, why missing them?
[15:58] {_rant} true
[15:58] {Threei} software too slow? you are too hesitant?
[15:58] {_rant} probably waitin for better price
[15:58] {_rant} hesistant...
[15:59] {Threei} setup has trigger...
[15:59] {Threei} trigger is hit, get in
[15:59] {Threei} I unerstand sometimes entry is a bit fuzzy
[15:59] {Threei} like when I say "first strength from here"
[15:59] {Threei} or "as close to ... as possible"
[16:00] {Threei} but when there is a defined trigger, like ".15 long is stays above ..."
[16:00] {_rant} i m normally skeptic when the mkt falls 200pts
[16:00] {Threei} just get it
[16:00] {_rant} coz most of my trades are short entry...
[16:00] {magoo} trades not lousy day...i thought u meant down hard
[16:00] {_rant} no action day...
[16:00] {Threei} yeah, my first thought too
[16:00] {magoo} dino says"any day up good day"
[16:00] {dino} flat or up is good imo
[16:00] {_rant} no thrill :)
[16:00] {Threei} ahhh
[16:00] {Threei} thrill
[16:01] {dino} lulu blood
[16:01] {Threei} REPORTS Q1 $0.12 V $0.12E, R$78.2M V $71.8ME
[16:01] {magoo} LULU tankage
[16:01] {_rant} big time
[16:02] {Threei} don't see guidance yet
[16:02] {_rant} spread is dangerous
[16:02] {Threei} well... it's lulu LEMON
[16:03] {dptl} have a good evening all
[16:03] {Threei} take care dp
[16:03] {Threei} thank you all
[16:03] {Threei} have a good evening
[16:03] {Threei} see you tomorrow
[16:03] {magoo} TY vad, nite all
[16:04] {_Kazaam} thanks, bye
[16:04] {_rant} thanks vad..
[16:04] {Threei} you too QTWW... may you open at 10
[16:05] {Threei} there you go LULU... guidance .68 - .71 vs .74 consensus
[16:05] {magoo} some leak it??
[16:07] {fernp} Thank you for everything Vad. See you tomorrow.
[16:21] {dino} gn all
[16:28] {judijim} Take good care, be back tomorrow