Thursday, June 5, 2008

Jun 05 2008

Session Start: Thu Jun 05 00:00:01 2008

[08:30] {Threei} NITIAL JOBLESS CLAIMS: 357K V 375KE;
[08:30] {Threei} CONTINUING CLAIMS: 3.09M V 3.110ME
[08:30] {Threei} - Prior Initial Jobless Claims revised from 375K to 375K
[08:30] {Threei} - Prior Continuing Claims revised from 3.104M to 3.109M
[08:53] {esemde} morning cos hawk jm pet Vad
[08:54] {Threei} Good morning
[08:54] {peterg} mng all
[08:54] {magoo} mornink
[08:54] {Threei} peter, magoo :)
[08:54] {esemde} hey mags
[08:55] {esemde} it's anormal morning for me for a change...
[08:55] {esemde} are you coming to the Oak Bay Tea Party this weekend Vad
[08:56] {Threei} doubtful... got another guests to host from Fri to Wed
[08:56] {cosmo} tea?
[08:56] {esemde} bring the guest......
[08:56] {Threei} it's Oak Bay in Vicvtoria cosmo... more British than Britain :)
[08:57] {cosmo} so is English
[08:57] {esemde} yes ....I live behind the tweed curtain here in Victoria
[08:57] {esemde} so does Patience
[08:57] {Threei} yeah, you two are blue blood
[08:58] {fernp} good morning
[08:59] {Threei} so on our next get-together I intend to pour a litre of vodka in both of you and take pictures, to embarass royal family once again
[08:59] {Threei} fernp :)
[08:59] {Threei} and if you resist, dptl will help me hold you down
[08:59] {cosmo} hmmm... maybe 3i should run for office...
[09:00] {esemde} he would make a great canadian priminister
[09:00] {cosmo} you think?
[09:00] {Threei} Harper is doing a good enough job as far as I am concerned...
[09:01] {esemde} he's hangin in there for sure
[09:02] {Threei} waiting impatiently to see the cutlet he is going to make out of dion come next election
[09:03] {esemde} Harper should be able to get along with either Obama or or McCain(the french fry guy)
[09:03] {Threei} I still live in the past... I want Ron Paul
[09:04] {esemde} who in heck is rom Paul?
[09:04] {esemde} "Ron"
[09:04] {cosmo} old fasion Republican
[09:04] {cosmo} they cal them Libratatians these days tho
[09:05] {Threei} anyone whose platform includes "abolish the Fed, stop printing money like it's nothing" has my vote
[09:06] {cosmo} and your bar code tatoo too?
[09:06] {Threei} mine is old russian prison tradition... "won't forget my dear mother"
[09:07] {cosmo} never forget mother earth i say
[09:15] {dino} gm all
[09:15] {Threei} dino :)
[09:16] {kazaam} gm
[09:16] {dino} :)
[09:16] {esemde} dino....another day another 100,000 dollars ehhhh
[09:16] {dino} in my dreams
[09:16] {Threei} kazaam :)
[09:16] {esemde} kaz
[09:17] {dino} tough match, i had to give 7 strokes guy shoots 7 over par
[09:17] {esemde} that would kill ya
[09:17] {dino} it did
[09:17] {dino} i shot 3 over and lost
[09:18] {esemde} i'm playing off a 9 these days...and these goofs i'm playing with are 18 teens and cleaning my clock
[09:19] {dino} yeah, those kids can whack a ball
[09:19] {esemde} ya out of bounds....
[09:19] {dino} i'm a 12, just played well last night (9 holes)
[09:20] {esemde} no better place to meet people but out on the links....someday dino we'll get out
[09:20] {dino} i would like that
[09:22] {dptl} good morning all
[09:22] {Threei} dp :)
[09:23] {Threei} scroll up please, dp, you'll see what you are going to be tasked with on our next get-together
[09:23] {Threei} make sure you work out preparing for that, esemde is no slouch
[09:24] {magoo} ill start practicing more intense drinking then vad
[09:24] {dino} i will be there
[09:24] {magoo} get my stamina up
[09:24] {dino} just swing by my neighborhood magoo,
[09:25] {Threei} let me know when you can pour full glass of vodka (about 6 ounces) in your throat in one swoop and polish it off with nothing but cigarette, magoo
[09:25] {magoo} ah..cigarette is the only problem..other easy
[09:26] {magoo} u golf vad?
[09:26] {Threei} no, sorry
[09:26] {dptl} lol
[09:27] {dino} good, no lectures then, :)
[09:29] {esemde} morning dp
[09:29] {Threei} FCEL... maybe quick opening scalp
[09:31] {Threei} no clear setup
[09:32] {esemde} bstop LEH 32.47 1/2 lot
[09:33] {magoo} solars active todayt
[09:34] {Roman} 21 LLNW
[09:34] {Roman} 21 feels higher
[09:34] {Roman} 21 over $
[09:34] {Roman} 21 4
[09:35] {Threei} SOLF .95 long if stays above .80
[09:35] {dino} vrtx
[09:37] {Threei} LLNW, from daily... if takes 4, has a real shot to be a star
[09:37] {Roman} 21 long OMNI small
[09:37] {Roman} 21 6.25 area
[09:38] {Roman} 21 is SOLF still valid Vad?
[09:38] {magoo} LLNW..u waiting for pullbk?
[09:38] {esemde} long Leh .42
[09:38] {Threei} hard to tell Roman... not sure
[09:38] {Roman} 21 long SQNM
[09:38] {Roman} 21 9.33
[09:39] {magoo} in LEH w/ya ES
[09:39] {Threei} oh shh
[09:39] {Threei} missed VVUS
[09:40] {Threei} watching for possible pullback
[09:41] {Threei} SOLF setup is back
[09:41] {Threei} same condition
[09:43] {Threei} should cut through 22 like hot knife through buter
[09:43] {Threei} there
[09:43] {Threei} over 1:1
[09:43] {dptl} out .09 ty
[09:44] {Threei} welcome sir
[09:45] {Threei} CPSL 5.70 long if stays above 5.60
[09:45] {magoo} i like CSIQ here any thoughts?
[09:45] {Threei} not sure mags
[09:46] {peterg} where place stop SOLF if in at .85?
[09:46] {peterg} I wasn'
[09:46] {Threei} stop under .80, and spike over 22 was for partialing out or taking scalp
[09:48] {esemde} out flat on LEH .41
[09:48] {esemde} -.01....bouncing all over the place i don't recognize the pattern
[09:49] {magoo} if IF LEH takes .70 we get near 33
[09:49] {Threei} LEH
[09:49] {Threei} - rumor circulating that they have secured over $5B through an Asian financial institution
[09:49] {esemde} are you in mags
[09:49] {magoo} [09:40] {magoo} in LEH w/ya ES
[09:49] {magoo} [09:40] {Threei} oh shh
[09:50] {esemde} i'm out now's bouncing all over the place too volitile
[09:50] {esemde} i couldn't read it
[09:51] {esemde} looking good for you now though
[09:51] {magoo} actually..u had a good read
[09:51] {esemde} good on ya mags.....
[09:51] {magoo} and it didn't stop us
[09:51] {Roman} 21 out 1/2 SQNM +.18, trailing ramaining
[09:51] {magoo} should have hung in
[09:51] {Threei} TKLC
[09:52] {Threei} .50 meltdown long
[09:52] {esemde} ya....but it was that second shot down to 32.04 that threw me
[09:52] {Threei} if stays above .40
[09:52] {magoo} in CSIQ.95 goota do iyt
[09:53] {Threei} ZIXI got away too
[09:53] {Threei} I am not hunting very well today
[09:53] {fernp} PETM
[09:53] {dino} no trades yet
[09:54] {dino} missed vrtx s i wsas at 33.40
[09:54] {dino} twp, regn interesting
[09:56] {dino} magoo doing his ross perot impression
[09:56] {Threei} sorry dino... must be tough on you
[09:57] {esemde} nice one magoo LEH....looks like it's going to give 33
[09:57] {magoo} "if ya take a penny...and double...well shiiite...u up 100 percent"
[09:58] {magoo} thats ross
[10:00] {Threei} *Q1 MORTGAGE DELINQUENCIES: 6.35% V 5.82% PRIOR
[10:00] {dino} now i'm going to make magoo mad, out ma from yesterday afternoon, 301.43, +3.20
[10:01] {magoo} that does piss me off
[10:01] {magoo} he holds a nutso stox overnite..slacker goes golfing..and profits while i work 8 to 6pm everyday
[10:01] {dino} he yells it doesn't count, i say w/chuck it does
[10:02] {dino} shake 'n bake baby
[10:02] {Threei} beautiful job on SQNM Roman
[10:02] {Roman} 21 ty
[10:03] {Threei} tagging yesterday's high
[10:03] {Roman} 21 i am sitting in it
[10:03] {Roman} 21 looking for $10.5
[10:06] {Threei} TKLC merrily triggered
[10:06] {Threei} daily looks good
[10:07] {dptl} hmm...only got 100sh
[10:07] {Threei} VVUS
[10:07] {Threei} .50 break long if holding above .35
[10:08] {Threei} SQNM humming along
[10:08] {Threei} 10.50 you say Roman?
[10:08] {Roman} 21 yes, y not
[10:08] {Threei} OK... you promised
[10:08] {Roman} 21 is CPSL still valid?
[10:08] {dino} ipi l sm .40, stop .04
[10:08] {magoo} i can't take it..ill have to chase in SQNM
[10:09] {Threei} would like to see more activity in CPSL... not sure
[10:09] {esemde} mago are you still in LEH...if so are you reading it now
[10:09] {magoo} it hasn;t stopped me..waiting 33.29
[10:10] {Threei} magoo? reading? dino, could you please disillusion ese?
[10:10] {magoo} stop is 31.99, entry was w/u .42
[10:10] {magoo} halfer
[10:10] {dino} ahhh, es, magoo really doesn't know how to read, he watches the colors
[10:10] {Threei} there
[10:10] {esemde} was just wondering what your seeing as opposed to me....
[10:11] {_rant} any read on SVR ?
[10:11] {_rant} down 8%
[10:11] {magoo} i see 33 as a magnate
[10:11] {Threei} strong market rant... why bother with losers?
[10:11] {magoo} on a powerful volatile stock
[10:11] {esemde} gotcha......
[10:11] {magoo} THERE
[10:11] {esemde} and there you go
[10:12] {magoo} OUT
[10:12] {magoo} .29
[10:12] {esemde} nice!!!!
[10:12] {Threei} wtg mags
[10:12] {magoo} colors work dino...don't get tpo complicated
[10:12] {dino} lol and gj
[10:12] {Threei} they sure do
[10:12] {magoo} .42 to .29 plus something good
[10:13] {magoo} look at high ES
[10:13] {magoo} .31
[10:13] {Threei} green good, red bad - all you need to know when long
[10:13] {Threei} inverse when short
[10:14] {Roman} 21 ASIA vad
[10:14] {Roman} 21 ?
[10:14] {dino} that explains alot as i'm color blind
[10:14] {Roman} 21 CSUN?
[10:14] {Threei} SQNM should penetrate 10 easily
[10:14] {magoo} thats
[10:14] {Threei} TKLC chewed through the next resistance
[10:15] {magoo} don't want to listen to vad and roman pat each others back all day and not profit
[10:15] {Roman} 21 :)
[10:15] {dino} matk sm l .10
[10:15] {magoo} out CSIQ .15, + .20
[10:15] {Threei} TKLC over 1:1 actually... but not a scalp for me
[10:15] {Roman} 21 vad, is CSUN going to penetrade ?
[10:15] {dptl} there....out +$10 tklc....ty :)
[10:16] {Threei} can't get a feel for it Roman
[10:16] {Roman} 21 new work, penetrade
[10:16] {Threei} lol dp... don't spend it all at once
[10:16] {Roman} 21 new word that is
[10:16] {dptl} :)
[10:16] {Threei} inflation is rampant as it is
[10:16] {Threei} don't want you to add to the problem
[10:18] {dino} wtg
[10:19] {Threei} half out TKLC .72 and .71
[10:19] {Threei} stop to .49 for the balance
[10:19] {Threei} offering SQNM into spike over 10
[10:20] {_rant} YGe
[10:21] {dino} out matk .50 +.40
[10:21] {Threei} cna't stand it, out half .99
[10:22] {magoo} waiting .08'
[10:22] {dptl} to go..have a great day everyone :) see ya tomorrow
[10:22] {Threei} ugh
[10:23] {magoo} take care do:)
[10:23] {Threei} take care dp... I knew you wanted to spend that $10 asap
[10:23] {dptl} lol
[10:23] {Roman} 21 ROYL bouncer
[10:24] {magoo} did we ever find out what SQNM does?
[10:24] {dino} later dp
[10:24] {Roman} 21 VNDA long
[10:24] {Threei} finally
[10:25] {Roman} 21 small VNDA 5.20
[10:25] {magoo} out SQNM
[10:25] {Threei} yes mags
[10:26] {magoo} lil scalp..late to pasrty but hey..picked up
[10:26] {Threei} probably due to pull back
[10:26] {Threei} you got in really late
[10:26] {Threei} so have to control risk tighter
[10:26] {magoo} showiung up at frat party at girl...and split with her by 1 a.m
[10:27] {magoo} not my ultimate fantasy girl..but not alot of effort either
[10:27] {Threei} last time I tried to do that, my wife told me it was very impolite
[10:27] {magoo} and it worx
[10:28] {Roman} 21 CROX
[10:28] {Roman} 21 nearing yesterday's high
[10:28] {magoo} check this wife was at same college as me at same time...but i had different girl friend at the time
[10:29] {Roman} 21 u went to college?
[10:29] {Roman} 21 wrong window sorry
[10:29] {magoo} oh yeah baby..6 years in fraternity
[10:30] {Roman} 21 6 years, i got masters?
[10:30] {Threei} VVUS is valid
[10:30] {magoo}
[10:31] {magoo} i tried not to let studying interfere with my education if u know what i mean
[10:31] {dino} b.s finance
[10:31] {dino} had to erase all of that to learn trading
[10:31] {dino} you know, "the efficient market" junk
[10:31] {Threei} what bs
[10:32] {Threei} invention of academics never traded single share
[10:32] {dino} bachelor of science, business finance
[10:32] {Threei} random market is another piece of crap
[10:32] {dino} agree
[10:33] {dino} every day i do what cannot be done according to old profs.
[10:33] {Threei} exactly
[10:34] {dino} alog
[10:34] {Threei} here is the summary of magoo's years in college: his comrades copulated with anything that breathed and moved; he, on another hand, never saw the necessity to limit himself so severely
[10:35] {dino} who would've thought i could make $ listening to alternative rock, while watching mtv
[10:35] {fernp} JDSU vad?
[10:36] {Threei} blast from the past
[10:36] {Threei} tempting
[10:36] {Threei} well, .51 long with .39 stop... why not
[10:36] {fernp} ok
[10:37] {Threei} sheesh, Roman is right about 10.50
[10:37] {Threei} I am out .25
[10:37] {Threei} can't take it anymore
[10:38] {Threei} marrow starts boiling in my scalper bones
[10:38] {Roman} 21 out a bit more +.89
[10:39] {Threei} VVUS
[10:39] {Threei} trrriger
[10:39] {dino} nice
[10:40] {magoo} vvus? what was trig?
[10:41] {Roman} 21 out VNDA 1/2 +.25
[10:41] {magoo} was busy looking up the word " copulated"lol
[10:41] {Threei} [10:07] {Threei} VVUS
[10:41] {Threei} [10:07] {Threei} .50 break long if holding above .35
[10:41] {Roman} 21 out 1/2 OMNI +.19
[10:41] {Threei} scorching hot Roman
[10:43] {Roman} 21 VNDA getting interesting
[10:43] {Roman} 21 volume coming in
[10:45] {Roman} 21 but to buy this on on strong pullback
[10:45] {Chaeron} good morning all... VVUS still valid?
[10:46] {Threei} hi chaeron, yes
[10:46] {Chaeron} and JDSU?
[10:46] {Threei} yes but JDSU is a very slow one, be warned
[10:46] {Roman} 21 out remaining SQNM +1.27
[10:47] {Threei} what the hell just happened on VVUS?
[10:47] {Chaeron} dang missed vvus
[10:47] {Threei} chaeron bought
[10:47] {Threei} ?
[10:47] {Threei} lol
[10:47] {Threei} I thought that was you
[10:47] {Threei} and Roman...
06[10:47] * Threei slaps Roman around a bit with a large trout
[10:48] {Roman} 21 to make u feel better i only had 300 shares left
06[10:49] * magoo slaps Roman around a bit with a large trout
[10:50] {magoo} indecent
[10:50] {Threei} totally
06[10:50] * magoo slaps kazaam around a bit with a large trout
[10:50] {Threei} even 300 shares don't make it any better
06[10:50] * magoo slaps peterg around a bit with a large trout
06[10:50] * magoo slaps _bounce around a bit with a large trout
[10:50] {Threei} uh oh
06[10:50] * magoo slaps _rant around a bit with a large trout
[10:50] {Threei} trout rage
06[10:50] * magoo slaps Threei around a bit with a large trout
06[10:50] * magoo slaps Chaeron around a bit with a large trout
06[10:50] * magoo slaps cosmo around a bit with a large trout
06[10:50] * Threei is hiding under the nearest rock
06[10:50] * magoo slaps dino around a bit with a large trout
[10:50] {kazaam} lol
06[10:50] * magoo slaps dptl around a bit with a large trout
06[10:50] * magoo slaps esemde around a bit with a large trout
06[10:50] * magoo slaps fernp around a bit with a large trout
06[10:50] * magoo slaps hawkfan4 around a bit with a large trout
[10:50] {Threei} VVUS 1:1
06[10:50] * magoo slaps jmb around a bit with a large trout
06[10:50] * magoo slaps patience around a bit with a large trout
06[10:51] * magoo slaps patience around a bit with a large trout
06[10:51] * magoo slaps patience around a bit with a large trout
[10:51] {Threei} stuck?
[10:51] {magoo} see if she is paying attention
[10:51] {Threei} out half VVUS .70
[10:51] {Chaeron} nice on VVUS... too bad I am only spectator..............
[10:51] {Threei} it was right there for you when you asked...
[10:51] {Threei} under the trigger
[10:52] {Threei} why hesitation?
[10:52] {Chaeron} looking at too much
[10:52] {Threei} stop from that entry would be lousy 121-13 cents
[10:56] {magoo} jesus..SQNM vad roman
[10:56] {Chaeron} holy cow status
[10:59] {esemde} I'm outta here all have a great day...see ya tomorrow
[11:01] {fernp} take care ese
[11:02] {Threei} bye ese
[11:03] {Threei} I want all those academics to have a look at our daily return and reiterate their "market can't be timed" thesis
[11:04] {Threei} - Notes some inflation expecations worsened in Feb and March, but have since stabilized, Fed's decision on rates will be data dependent
[11:04] {Threei} - Expects US growth to increase gradually in next 12 months,
[11:04] {Roman} 21 VNDA highs
[11:04] {Roman} 21 nice
[11:04] {Roman} 21 AAPL magoo,
[11:05] {magoo} l rimm here
[11:05] {Threei} - Remarks that the BSC deal did not come easily, was 'excruciating choice', other banks may seek similiar accomodation due to moral hazard affecting expectations
[11:05] {Threei} welcome to cold war, episode 2
[11:07] {magoo} out rimm
[11:07] {magoo} do not like charet
[11:09] {Threei} VNDA getting pewrky
[11:10] {dino} ipi stop to .60
[11:10] {dino} matk l .90
[11:10] {magoo} l aapl here
[11:11] {magoo} .65
[11:14] {magoo} out here .91
[11:14] {magoo} +.36
[11:14] {Threei} wtg
[11:14] {Threei} wastchng SQNM for possible short setup
[11:15] {magoo} avail?
[11:15] {Threei} yes
[11:15] {Threei} keep it to half lot
[11:15] {magoo} risky..but back in RIMM l
[11:15] {magoo} .25
[11:15] {dino} matk stop to .20 ipi to .70
[11:17] {Threei} typed "11 loss trigger" and was a bit late...
[11:17] {Threei} if bounces into 11 and can't break it, short with 11.10 strop
[11:20] {Threei} deep
[11:20] {Threei} and if oil continues to increase, planes are going to start dropping from the sky
[11:20] {magoo} RIMM should go here
[11:20] {Threei} there... I can do it as well
[11:21] {magoo} u like flying vad?
[11:21] {Threei} used to
[11:21] {magoo} same more
[11:21] {Threei} not now with all the security
[11:22] {Roman} 21 long ACPW off 1.60
[11:26] {Roman} 21 NVLS spike down
[11:32] {magoo} l aapl .10
[11:35] {Threei} yes... let's start witch hunt
[11:35] {Chaeron} which Congressman?
[11:36] {Threei} doesn't say
[11:36] {Threei} I'd like to know their definition of the word manipulation
[11:37] {magoo} wait .61 rimm
[11:40] {magoo} waiting .42 aapl
[11:41] {magoo} OUT +.32
[11:41] {magoo} TY vad
[11:41] {Threei} hmm?
[11:41] {magoo} aapl
[11:41] {Threei} I never called it
[11:42] {magoo} oh..that was mine
[11:42] {Threei} I'll take the credit if you insist
[11:42] {Threei} but just want to keep record straight :)
[11:42] {magoo} [11:33] {magoo} l aapl .10
[11:43] {magoo} in it so so long forgot who called it
[11:43] {Threei} market got locked into tight range
[11:43] {Threei} sitting on a sideline so far
[11:43] {Threei} morning was pure beaurty
[11:43] {Threei} -r
[11:45] {magoo} greed not selling rimm .61
[11:46] {magoo} bvutv if IF someone with me.....u should
[11:47] {kazaam} when looking over your old videos i noticed sometimes you guys would reference the Nasdaq futures moving higher as a good confirmation to a trigger
[11:47] {magoo} anyone go with me?
[11:47] {kazaam} if the nq is trending higher would you take a short?
[11:48] {magoo} i usually won't
[11:48] {Threei} depends kaz
[11:48] {Threei} usually not but there are salmons
[11:48] {Threei} stocks that swim against the current
[11:48] {Threei} imagine a stock that consolidates near the low while NQ moves higher
[11:49] {Threei} it's likely to break down as NQ pulls back
[11:49] {kazaam} gotcha
[11:53] {Threei} have a look at BEAV
[11:53] {Threei} consolidation near 29.50
[11:53] {Threei} NQ pulled back slightly over last 5 min, look how BEAV broke down
[11:54] {magoo} out RIMM .40, dummy
[11:54] {kazaam} i c
[11:54] {magoo} + .15
[12:01] {Threei} wow... some of them get it... or, some of them say it as it is
[12:15] {_bounce} Were the trades you called today pulled from your scanner Vad?
[12:16] {Threei} most yes
[12:16] {Threei} some were simply from watching active stocks
[12:16] {_bounce} Thanks
[12:16] {Threei} like VVUS, that was on radar from yesterday
[12:22] {kazaam} are you filtering through trades and stocks constantly or do you find a small group and just work within that small group?
[12:22] {Roman} 21 CSUN and other solars on radar
[12:22] {Threei} nope, whole market
[12:26] {Threei} MBI
[12:26] {Threei} CEO DISCLOSES BUY OF 159K SHARES AT $5.91/SHR
[12:27] {Threei} he is up 4 cents
[12:27] {Threei} one necessary addition kaz,
[12:27] {Chaeron} sell!!!
[12:28] {Threei} I will pay more attention to those that belong to the hot sectors
[12:28] {Threei} even though I scan for all of them
[12:28] {Threei} you could see us focusing on solars, or oil services
[12:28] {Threei} or financials
[12:29] {kazaam} gotcha
[12:30] {Threei} also, there is way to find next candidate by going off sympathy concept
[12:30] {kazaam} sympathy? correlation by sector?
[12:30] {Threei} if one of solar leaders show active movement, it's reasonable to starty looking through the sector
[12:31] {Threei} and find those that move in unison
[12:31] {Threei} with idea to use the delay for early entry
[12:31] {Threei} snake principle
[12:31] {kazaam} oh i see
[12:31] {Threei} tail goes where head does
[12:35] {Threei} ok QTWW
[12:35] {hawkfan4} i trade STP off of FSLR all the time
[12:36] {Threei} sheesh... I didn't sell all that much
[12:37] {kazaam} is the move of FSLR the trigger for STP or do you also look for some other confirmation?
[12:37] {Threei} anyway, out 2K more at .93
[12:37] {Threei} 1K left
[12:37] {Chaeron} then we short??? :)
[12:37] {Threei} hmmm
[12:38] {Threei} it's not even available :)
[12:38] {hawkfan4} other factors, watch the whole have to watch them for a while to get a feel for how the relate
[12:39] {hawkfan4} the=they
[12:39] {kazaam} gotcha
[12:53] {dino} fast drop ipi
[13:01] {dino} matk sm l .40
[13:17] {magoo} .
[13:17] {Threei} very fine point
[13:29] {dino} out matk .50 +.10
[13:31] {Threei} amazing how market died completely
[13:33] {magoo} or are u sleeping?
[13:33] {Threei} that too
[13:34] {Threei} but it never impacted my trading before
[13:34] {Threei} you don't seriously think I trade being awake, do you
[13:40] {Threei} what's with CBAK
[13:40] {Threei} no news
[13:43] {Threei} - Bad regulations risk setting up the next crisis.
[13:43] {dino} cbak, insider buy 1,080,000
[13:44] {Threei} ty
[13:44] {dino} whats w/oyog last two days
[13:45] {dino} grmn fast drop
[13:50] {Threei} 11 loss is another short try SQNM
[13:50] {Threei} 11.15 stop
[13:53] {kazaam} why short on SQNM?
[13:53] {kazaam} is 11 critical support?
[13:54] {Threei} lower high, market running out of steam, volume dries up on advances
[13:54] {kazaam} awwww volume
[13:54] {dino} sm s vrtx .49
[13:54] {Threei} first run topped out at 11.25
[13:55] {Threei} this one at 11.14
[13:55] {Chaeron} I'm in... if that makes a diff magoo :)
[13:55] {Threei} fair chance of reversal for the stock that traded under 8 just two days ago
[13:55] {Chaeron} 11.00
[13:56] {Threei} and with 15 cents stop... honestly, I'll take almost any trade that makes any kind of sense :)
[13:57] {Threei} dino... I just figured out why GRMN dropped
[13:57] {Threei} gasolin going up, driving is way down, and he {G}who doesn't drive has no need in GPS
[13:57] {dino} lol
[13:58] {Chaeron} that's logical :)
[13:58] {Threei} I am king of logic
[13:58] {dino} you are all knowing
[13:58] {Threei} I was barely 5 when I figured out that if tree good then fire bad
[13:59] {Threei} now, less brillinat part is, this philosophy stayed with me ever since
[14:00] {magoo} im confused
[14:00] {Threei} welcome to my normal state
[14:00] {magoo} i thought normal state for u was sleep?
[14:01] {Threei} why do you think I like GRMN so much?
[14:01] {Threei} SQNM under 1:1
[14:01] {Chaeron} 1:1
[14:01] {Threei} like shooting fish in a barrel
[14:01] {Chaeron} sorry Threei, thought you were bantering with magoo
[14:01] {Threei} I am good at multitasking
[14:01] {Chaeron} hit it over head to go under .70 and we can move on please?
[14:02] {Threei} which explains why I can successfully combine being confused and sleeping at the same time
[14:02] {Threei} does it answer it mags?? :)
[14:04] {magoo} OY:)
[14:05] {Chaeron} mkt airpocket
[14:05] {Threei} come on, admit it: sleeping, being confused and having 5 years old outlook on life constitutes very good multitasking
[14:06] {Chaeron} or just ADD :))
[14:06] {magoo} but u are confusing someone who took 6 years to complete 4 year college curriculame
[14:06] {Chaeron} "lame"? heh
[14:06] {Threei} freudian slip?
[14:06] {dino} what are you guys yapping about? confusing me
[14:07] {Threei} rofl
[14:07] {Threei} good one dino
[14:07] {dino} hate to do it but......................dieeeeeeeeeeeeeeeeeeeeeeeb vrtx
[14:07] {Threei} too bad esemde and bruce are not here... they would have enjoyed this immensely
[14:07] {Chaeron} cmon SQNM give it up.... folllow the market, will ya?
[14:08] {Threei} just play it by the book chaeron
[14:08] {Threei} 1;1, half out, trail balance
[14:08] {Threei} no need to invent wheel
[14:08] {Chaeron} yeah yeah... I want to go to the bathroom...
[14:08] {Threei} so?
[14:08] {Threei} set stop
[14:09] {Chaeron} noooo
[14:09] {dino} lol
[14:09] {Threei} well, if your bladder sues you for cruel and unusual punishment...
[14:10] {magoo} are u don't edit any of this crap??
[14:11] {magoo} although to edit crap would be like 75%
[14:11] {Threei} nope
[14:12] {Threei} I'll leave it for ese and bruce to read
[14:12] {Threei} I am too lazy to track down all the crap
[14:13] {dino} are you still talking about chaer's bathroom
[14:13] {Threei} lol
[14:21] {Chaeron} man... marlet not sucking SQNM with it
[14:21] {Chaeron} can't you tell I gotta go bad?
[14:22] {magoo} crap..i was looking at wrong stock lol
[14:22] {Threei} rofl
[14:22] {magoo} staring at aapl..not in it
[14:25] {Roman} 21 long SOLF small?
[14:25] {Roman} 21 took some
[14:25] {Roman} 21 21.87
[14:25] {Threei} with stop under .80?
[14:26] {Roman} 21 yeah, tight
[14:34] {kazaam} as i am learning i dont know if i want to pay 150 a month for laser, would you guys suggest I just use mbtrading until I develop a profitable method?
[14:35] {Chaeron} where's Dave????
[14:36] {dino} dk kaz...i'm w/schwab/stsmartpro/cyber
[14:36] {dino} charts free
[14:36] {Roman} 21 FCEL long setup
[14:36] {Roman} 21 spike
[14:36] {Roman} 21 looking good
[14:36] {Roman} 21 hate to chase
[14:37] {Threei} kazaam, dcc
[14:43] {Threei} IVAN
[14:43] {Threei} 52 week high
[14:44] {Threei} broke important resistance at 3
[14:46] {Chaeron} SQNMstopped
[14:46] {Chaeron} -.17
[14:47] {Threei} you didn't trail it?
[14:47] {Chaeron} didn't see that
[14:47] {Chaeron} too busy dancing...
[14:48] {dino} lol
[14:49] {Threei} [14:08] {Threei} just play it by the book chaeron
[14:49] {Threei} [14:08] {Threei} 1;1, half out, trail balance
[14:49] {Threei} [14:08] {Threei} no need to invent wheel
[14:50] {Chaeron} ok, ok, can I go now???
[14:52] {dino} please
[14:59] {Roman} 21 out 1/2 SOLF +.27
[15:00] {dino} gj
[15:00] {magoo} nice rfr
[15:00] {Roman} 21 ty
[15:00] {Roman} 21 markets helped
[15:05] {peterg} Am about to install intelliscan, and I figure I will be so overwhelmed with information I won't be able to think for weeks. Thoughts?
[15:06] {magoo} huh?
[15:06] {Threei} I am overwhelemed by the very attempt to think
[15:06] {magoo} i gotta pee sooooooo bad now
[15:06] {peterg} Heck, I can't even make a decfision anyway.
[15:06] {peterg} Do it.
[15:06] {dino} esmk
[15:06] {magoo} just DO IT...we all did
[15:06] {peterg} OK
[15:06] {Threei} I didn't
[15:09] {magoo} i really gotta go
[15:12] {Threei} what now?
[15:12] {magoo} in RIMM olong
[15:12] {Threei} where did all this happiness come from?
[15:12] {magoo} havre to pee BBBBBAAAAAAAAAAADDDDDDDDDDD
[15:13] {Threei} a bit more information than we needed
[15:13] {Threei} especialy considering that we are overwhelmed by information as it is
[15:13] {magoo} the position info??
[15:16] {Threei} look at LEH
[15:26] {dino} vrtx bstop to .40 won't move
[15:29] {dino} cov +.10
[15:32] {magoo} news RIMM vad?
[15:32] {Threei} nope
[15:32] {magoo} tanked
[15:32] {Threei} ABK
[15:32] {Threei} - says it has substantial excess capital available under both Moody's and S&P's capital models
[15:33] {dino} cvat fight
[15:33] {dino} cat
[15:34] {Threei} more like class geek objecting while being beat up by school bully
[15:35] {Threei} you hit me in the eye? I disagree with your action
[15:36] {Threei} so, how likely is it IVAN gaps up tomorrow morning?
[15:37] {Threei} not taking it home for the following reason:
[15:37] {Threei} it's a very thick stock, moves very slowly, and even if it gaps, it's likely to give a lot of entry opportunities
[15:37] {Threei} so why take additional risk
[15:46] {Threei} interesting day
[15:46] {Threei} very active in the morning
[15:47] {Threei} pause later in the day, still holding near the high,
[15:47] {Threei} and look where this high is:
[15:47] {Threei} NASDAQ high from previous rally
[15:47] {Threei} 05/19
[15:48] {dino} hmmm
[15:48] {Threei} horisontal support at 1945 - 1950 held,
[15:48] {Threei} we hit highs again
[15:48] {Threei} LEH seems to be supported
[15:48] {Threei} ABK and MBI too
[15:49] {Threei} we may be looking at new phase of bull move, however improbable it sounds
[15:49] {cosmo} sounds reasonable
[15:50] {dino} matk l .20
[15:50] {Threei} improbale to such degree that it becomes reasonable
[15:50] {Threei} I like the sound of it
[15:50] {magoo} what would hurt the most?bear or bull
[15:52] {dino} stop to .30
[15:52] {dino} out +.10
[15:52] {dino} calling it a day, thx all, good one
[15:53] {Threei} mags,
[15:53] {Threei} problem is
[15:53] {Threei} market is very sensitive to any kind of news
[15:53] {Threei} any projection can get shuttered in minutes
[15:53] {Threei} so... I am just playing it by ear
[15:53] {Threei} keeping an eye on big pocture to have some kind of framework
[15:55] {cosmo} maybe see a doctor...
[15:55] {Threei} OK guys, thank you all
[15:55] {Threei} have a great evening
[15:55] {Threei} see you tomorrow
[15:55] {kazaam} adios everybody
[15:56] {magoo} TY vad everyone