Tuesday, June 24, 2008

Jun 24 2008

Session Time: Tue Jun 24 00:00:00 2008

[08:30] {Threei} 06/23/08 04:04pm [ROYL] UPDATE: expects to return to regular quarterly profitability in Q2
[08:31] {hawkfan4} only problem with ROYL is if i even think about putting it on my broker screen i lose money
[08:32] {Threei} lol
[08:33] {Threei} how was yesterday?
[08:34] {hawkfan4} ABAT perky again. Yesterday was just ok, nasty whippy market. Tough read. So basically like any other day this year :)
[08:34] {Threei} everything's fine then :)
[08:34] {hawkfan4} yep
[08:34] {hawkfan4} geesh royl
[08:34] {Threei} wow ROYL
[08:35] {Threei} what's got into SATC yesterday?
[08:35] {Threei} no news... broke resistance, hit .51, tyhen dfropped all the way back into support
[08:36] {hawkfan4} no idea. I think Roman traded it yesterday
[08:37] {_Lisa_Jay} Hi Vad.
[08:38] {Threei} Good morning Lisa
[08:39] {Threei} why then prices continue to rise even as we see demand destruction worldwide?
[08:39] {cosmo} beach sand is the answer to solar maybe?
[08:40] {cosmo} could make oil cheap as dirt?
[08:41] {Threei} which it is
[08:41] {cosmo} oh?
[08:41] {Threei} no? black... sticky...
[08:42] {cosmo} and volitile
[08:42] {Threei} I see SQNM put impressive peformance as well
[08:45] {cosmo} ASML
[08:45] {cosmo} # ASML upgraded to buy at Goldman Sachsat MarketWatch(Tue 3:13am)
[08:52] {cosmo} ASML high last night = 25.86 fyi
[08:54] {_Lisa_Jay} ROYL
[09:00] {judijim} good morning and welcome back Vad
[09:00] {Threei} thank you jj :)
[09:00] {dino} gm all
[09:00] {Threei} APRIL S&P/CASE SHILLER HOME COMPOSITE-20 Y/Y: -15.3% V -16.0%E; PRICE INDEX: 169.9 V 172.2 PRIOR
[09:00] {Threei} dino :)
[09:06] {dino} gm
[09:08] {Threei} ROYL relentless
[09:08] {Threei} OMNI as usual is sympathy candidate
[09:14] {dptl} good morning all
[09:14] {Threei} dp :)
[09:17] {dino} :)
[09:21] {GeoArb} gm all
[09:22] {Threei} Geo :)
[09:23] {cosmo} ASML pre mkt high 25.75 so far
[09:26] {fernp} Good morning
[09:26] {Threei} fern :)
[09:26] {Threei} watching ROYL, OMNI
[09:27] {fernp} TY. no reply here
[09:27] {Threei} argh
[09:31] {GeoArb} .
[09:32] {Threei} strangely inactive OMNI
[09:32] {GeoArb} yeah its like no open
[09:33] {Threei} ROYL on the other hand is quite perky
[09:34] {_Lisa_Jay} KR
[09:35] {cosmo} ASML gonna test .75
[09:35] {Threei} ABAT
[09:36] {Threei} scary thing...
[09:36] {dino} wynnblood
[09:37] {Threei} finally some pullback ROYL
[09:40] {Threei} BRCM .18 long if stays above .10
[09:43] {magoo} morn
[09:43] {Threei} magoo :)
[09:43] {magoo} how was trip boss?gooi hope
[09:43] {magoo} good
[09:44] {Threei} very, thank you
[09:44] {GeoArb} thanks magoo
[09:44] {GeoArb} now everyone is embarrassed
[09:44] {Threei} a bit tiresome with quick time zone changes back aand forth from coast to coast
[09:44] {magoo} i miss anything?no replay
[09:44] {Threei} watching ROYL
[09:44] {GeoArb} didnt see anyone else as that :)
[09:45] {GeoArb} ask
[09:45] {dino} nice
[09:47] {Threei} SATC cross back over 3 long if holding above 2.90
[09:48] {dino} dji wants march lows
[09:49] {dino} another 100 or so points
[09:52] {Threei} ROYL .41 half lot long
[09:53] {Threei} if holding above .20
[09:53] {dptl} my laser t&s is not working anyone else?
[09:53] {Threei} it reloaded by itself and works now
[09:53] {magoo} ok here {so far}
[09:54] {magoo} in royl agg .37
[09:54] {dptl} hmm...not mine
[09:54] {Threei} stop under .25 or under .20 mags
[09:54] {magoo} k
[09:55] {Threei} over 1:1
[09:55] {Threei} OK... first scalp after the trip worked... now SATC... go up will ya
[09:56] {Threei} 1:2 ROYL
[09:57] {magoo} wait .85
[09:57] {magoo} OUT TY
[09:57] {Threei} welcome
[09:57] {GeoArb} i am curious magoo why 85?
[09:57] {dino} scrx
[09:57] {magoo} nice to have u back :)
[09:57] {Threei} lol... waited for a profitable trade to sday that??? :)
[09:58] {GeoArb} now i am not embarrassed anymore
[09:58] {Threei} and if it was a stop you'd say "why did you even bother coming back"? :)
[09:58] {GeoArb} we are too polite
[09:58] {dptl} ok works now....missed royl
[09:58] {Threei} ugh
[09:58] {GeoArb} i know... wish i had a 3rd tier
[09:59] {Threei} ?
[09:59] {GeoArb} royl
[09:59] {Threei} what do you mean 3rd tier?
[09:59] {GeoArb} 1:1 1:2
[09:59] {GeoArb} 1:3 :)
[09:59] {Threei} ah
[09:59] {GeoArb} 3rd bullet
[09:59] {Threei} it reached 1:4
[10:00] {GeoArb} even more so
[10:00] {Threei} APR HOUSE PRICE INDEX M/M: -0.8% V -0.4%E
[10:00] {Threei} JUNE CONSUMER CONFIDENCE: 50.4 V 56.0E
[10:00] {Threei} - prior revised from 57.2e to 58.1
[10:00] {Threei} jeez
[10:01] {GeoArb} stop on satc? 2.9?
[10:01] {Threei} under
[10:01] {GeoArb} TY
[10:02] {magoo} low volume on ROYL pullback vad
[10:03] {Threei} probably has more in it... it's just very hard to time
[10:03] {magoo} deep pullbk entry would be nice
[10:04] {magoo} news RIMM?
[10:04] {magoo} reports 6/25 i believe
[10:04] {hawkfan4} 10:00 ECONX June Consumer Confidence 50.4 vs 56.0 consensus, prior 58.1
[10:05] {Threei} [10:00] {Threei} JUNE CONSUMER CONFIDENCE: 50.4 V 56.0E
[10:05] {Threei} [10:00] {Threei} - prior revised from 57.2e to 58.1
[10:05] {Threei} :)
[10:05] {GeoArb} RIMM marked buy today with 200 target by Genuity
[10:06] {dino} scrx sm l .20 stop lod
[10:10] {dino} cpla sm l .09
[10:14] {Threei} ROYL is getting ready to another round it seems
[10:14] {Threei} .50 break
[10:14] {GeoArb} magoo you scored on ROYL
[10:14] {dino} csx sm l .42
[10:14] {magoo} in royl
[10:14] {dino} cetv blood
[10:14] {magoo} .44 aggress
[10:15] {GeoArb} nice :)
[10:15] {dptl} stopped satc
[10:16] {Roman} 21 long URRE
[10:16] {Threei} URRE?
[10:16] {Roman} 21 1/2
[10:16] {Roman} 21 URRE
[10:16] {Roman} 21 3.55, Uranium resources
[10:17] {magoo} in with u .58
[10:17] {Threei} 4 in cards?
[10:17] {Roman} 21 i think so
[10:18] {Threei} don't know what propelled in yesterday
[10:18] {Threei} so relying on your read'
[10:18] {dino} mccain, 45 new reactors pledge
[10:18] {Threei} ahha
[10:18] {dino} csx stopped -.42
[10:18] {Threei} thank you
[10:18] {Threei} so it's going to become an election stock
[10:19] {Threei} polls show one candidate it goes up... another, it goes down
[10:19] {dino} y
[10:19] {Threei} of course best case scenario is, another candidate also says he is in favor... tyhen it just goes :)
[10:19] {Roman} 21 BDCO
[10:20] {Roman} 21 in 2.05
[10:20] {Threei} OMNI woke up
[10:20] {Threei} strange stock...
[10:20] {dino} man hate to see what would happen to scrx if drug denied
[10:20] {Threei} I'd expect it to react on ROYL much sooner
[10:21] {Roman} 21 long USEGH
[10:21] {Roman} 21 USEG
[10:21] {Roman} 21 small 3.04-06 area
[10:22] {Threei} offering URRE 4.05
[10:22] {magoo} 4.04 here he he
[10:28] {magoo} l rimm .25 small
[10:29] {magoo} damm stopped .87
[10:32] {magoo} magoo applies foot to urre rear
[10:32] {Threei} out
[10:32] {magoo} OUT .05 TY roman
[10:32] {Threei} beautiful
[10:32] {magoo} wow..quite a kick
[10:32] {Threei} thank you Roman
[10:32] {Roman} 21 out 1/2 URRE 4.18
[10:33] {Threei} why did I take just 1K
[10:33] {Threei} +.49
[10:33] {_lisa_jay} What a day for my trading computer to crash. Sobbing.
[10:34] {Threei} ouch
[10:35] {Threei} market is in freefall
[10:37] {Threei} true visionaries
[10:38] {GeoArb} out royl finally
[10:39] {GeoArb} missed previous
[10:39] {dino} 22 years away, hmmmmm
[10:39] {magoo} i waiting .89
[10:39] {Threei} Geo :)
[10:39] {GeoArb} lesson learned....more coffee
[10:39] {Threei} 3579, look dcc please
[10:41] {magoo} what ?are we borg now?
[10:41] {Threei} lol
[10:44] {Threei} out mags?
[10:44] {magoo} OUT .89 TY vad
[10:44] {Threei} good job
[10:44] {Threei} welcome
[10:45] {magoo} URRE as a reenter?
[10:45] {Threei} feels so
[10:45] {Threei} just as with ROYL, timing is not easy
[10:46] {GeoArb} hmm missed the whole royl
[10:46] {Threei} it will pull back
[10:46] {Threei} and hard
[10:47] {Chaeron} hi all...my replay not working... missing anything?
[10:47] {dptl} hmm i missed everything today
[10:47] {GeoArb} i also got out as i want comfortable holding long in the freefall
[10:47] {GeoArb} wasnt
[10:47] {dino} sm cenx l .90
[10:47] {GeoArb} still issues dp?
[10:48] {dino} ralllly
[10:48] {dptl} no all working now ...its me who has an issues
[10:48] {GeoArb} lol
[10:51] {magoo} i just gave ROYL geo's phone number
[10:51] {GeoArb} man
[10:51] {Threei} don't pick up the phone geo
[10:51] {Threei} all you'll hear is evil laughter
[10:51] {GeoArb} 1-800-CANT HOLD A STOCK
[10:51] {Threei} well
[10:51] {Threei} look at it this way
[10:52] {Threei} ROYL is a kind of stock where you don't have really technicals to rely on
[10:52] {Threei} it's a typical momo stock
[10:52] {GeoArb} perfect JBE
[10:52] {Threei} and with momos it's a feel that helps distinguish real mover from lame one
[10:52] {GeoArb} true
[10:52] {Threei} but feel doesn't come naturally
[10:53] {Threei} it's a result of experience
[10:53] {GeoArb} yeah
[10:53] {Threei} accumulated over tiume
[10:53] {Threei} you simplyu don't have under your belt enough years and trades yet
[10:53] {Threei} it will come
[10:53] {Threei} so no need to beat yourself up
06[10:53] * Chaeron slaps GeoArb around a bit with a large trout
[10:53] {Threei} some things you learn and some things need time
[10:54] {Chaeron} I'll do it for you
[10:54] {GeoArb} :)
[10:54] {Threei} lol
06[10:54] * magoo slaps GeoArb around a bit with a large trout
[10:54] {GeoArb} ahh the trout
[10:54] {GeoArb} i had that coming
[10:54] {Threei} soak in all these occurences,
[10:55] {Threei} pay attention, memorize, try to get this feel
[10:55] {Threei} let the reality show you when your feel was cvorrect and when not
[10:55] {GeoArb} TY
[10:55] {Threei} in a while you'll start getting these intuition flashes
[10:55] {Threei} it will feel almost unreal, as if you could see future with such incredible clarity
[10:56] {Threei} just look at how next ROYL or URRE and whatever trades,
[10:56] {Threei} and you can just see how it moves up andf up
[10:56] {Threei} unstoppable
[10:56] {magoo} u are rambling boss he he
[10:56] {magoo} as i run for rock
[10:56] {GeoArb} jetlag
[10:56] {Threei} yup :)
[10:57] {Threei} when you learn to trust those impulses and to tell them from wishful thinking... I retire :)
[10:57] {GeoArb} it will take me a while
[10:57] {Threei} it will
[10:57] {GeoArb} so retiring is far hehehehehe
[10:57] {Threei} but you'll get there
[10:57] {Threei} you saw me sometimes assigning a target to a stock
[10:57] {GeoArb} yeah
[10:57] {Threei} that wouldn't get supported by anything on chart
[10:58] {Threei} magoo does the same sometimes
[10:58] {GeoArb} yeh
[10:58] {magoo} just like my feel here..AAPL goes over 174.,..just not easy...but it will if IF mkt continues up
[10:58] {GeoArb} looks like you guys remember how that stock moves
[10:58] {Threei} well, with ROYL memory won't work
[10:58] {Threei} stock is in uncharted territory
[10:58] {Threei} what we remember is how these momo runners look and feel
[10:59] {Threei} how feeding frenzy manifests itself
[10:59] {Threei} it will come... just let it work in natural order
[10:59] {magoo} recognize level 2 patterns vad..starts a frenzy
[10:59] {magoo} LOOK AAPL
[11:00] {magoo} it was .70 area when i posted
[11:00] {Chaeron} you take it?
[11:00] {magoo} yeop
[11:00] {Chaeron} good job
[11:00] {magoo} rimm too
[11:01] {magoo} oyt RIMM here .77 from .25
[11:02] {Chaeron} ummm if that was supposed to be "out" then congrats :)
[11:04] {Threei} URRE round 2
[11:05] {Threei} 3579, dcc once again please
[11:06] {Threei} watch it as it trades around .20 - .25 level, will help see momo feeding frenzy from lame break attempt
[11:08] {magoo} u in URRE now?
[11:08] {Threei} no but watching
[11:08] {Threei} feels not done
[11:09] {magoo} how about ROYL?
[11:10] {Threei} not yet
[11:10] {Threei} needs rest
[11:10] {magoo} wheres support? like 13 area
[11:10] {Threei} needs to shake out overly optimistic ones that decided momo will never end
[11:14] {dino} csgp l .74, stop .42
[11:17] {dino} green
[11:18] {Threei} isn't it amazing?
[11:19] {Threei} 30 minutes ago end of the workld was upon us
[11:19] {magoo} yeah,..this morn cramer posting potentiasl crash
[11:19] {GeoArb} funny royl moved down
[11:20] {GeoArb} wow
[11:22] {Threei} geo... don't trade URRE if it starts chewing resistance but watch it
[11:22] {Threei} try to feel frenzy if it comes
[11:22] {GeoArb} ok
[11:23] {Threei} and try to feel the lack of it
[11:23] {Threei} if there is just some fibble buying
[11:23] {GeoArb} right now some big sizes on 19/20
[11:23] {Threei} yes
[11:24] {Threei} it needs to take them out if it waants to continue,
[11:24] {Threei} so if/when it gets there
[11:24] {GeoArb} offers not lifting at all
[11:24] {Threei} there will be either real frenzied buying taking out all those sizes in a blink of eye
[11:24] {Threei} or string of buys,
[11:24] {Threei} unconvincing, not very confident
[11:25] {GeoArb} ok watching
[11:25] {Threei} chaeron, dcc please
[11:26] {GeoArb} what symbol do you watch for oil vaD?
[11:26] {Threei} USO
[11:26] {dino} out cenx .55, +.65
[11:27] {GeoArb} no CL?\
[11:30] {Roman} 21 LLNW interesting
[11:33] {dino} scrx stop to .29
[11:42] {_3579} hello
[11:45] {dino} out scrx .35, +.15
[11:48] {magoo} nice read on ROYL earlier vad abouyt going down
[11:48] {magoo} saved me some cake
[11:49] {Threei} :)
[11:49] {dino} de sm l .20
[11:49] {magoo} good to have u back {did i mention that/}
[11:50] {dino} cenx sm l .01
[11:51] {Chaeron} market
[12:12] {Chaeron} .
[12:17] {magoo} ..
[12:20] {dino} apei\
[12:22] {dino} bit spready
[12:26] {dino} dji hod
[12:40] {Threei} ah come on already URRE
[12:40] {Threei} you know you want to try at least
[12:41] {dptl} you goa take .25 reak?
[12:41] {dptl} gona
[12:41] {dptl} break geez
[12:42] {Threei} .20 rather
[12:42] {dptl} o i see thouse big offers
[12:45] {Threei} splitting hairs aren't we
[13:04] {magoo} royl getting interesting
[13:06] {Threei} welcome to the room 3579
[13:06] {brian3579} ty
[13:06] {dino} yhoo
[13:06] {GeoArb} YHoo went nuts on rumor
[13:06] {Chaeron} welcome 3579 :)
[13:07] {Threei} - chatter is that deal talk would be at a lower price than the $33/shr MSFT offerred in May
[13:07] {dino} what rumor
[13:07] {dino} ok
[13:07] {GeoArb} MSFT wants another look
[13:08] {magoo} vad, from now on address magoo as "7 of 9"
06[13:08] * magoo slaps laserdave1 around a bit with a large trout
[13:08] {Threei} sure but I'll address you with 2x4
06[13:08] * Chaeron slaps laserdave1 around a bit with a large trout
[13:08] {Threei} actually... good idea
06[13:08] * Threei slaps laserdave1 around a bit with a large trout
[13:12] {dino} out cpla .50, +.41
[13:15] {dino} out de flat
[13:17] {laserdave1} thanks guys
[13:23] {peterg} Intelliscan nasd only?
[13:24] {Threei} no
[13:24] {Threei} all US exchanges pplus TSX
[13:24] {Threei} right click on window, Configure, tab Exchanges
[13:24] {Threei} check all you wanty
[13:25] {Threei} even BBs and pink sheets, lol
[13:28] {peterg} tk; do for each window, or one does all?
[13:28] {Threei} each
[13:28] {peterg} 14x, hm
[13:28] {Threei} and don't forget to save layout on exit, or tomorrow it will be back to original state
[13:28] {Threei} lol
[13:34] {peterg} There! exhausted fingers, more information to confuse and befuddle.
[13:35] {Threei} now you won't even be able to read a symbol, so many of them are going to scroll {G}
[13:35] {GeoArb} yeah
[13:35] {GeoArb} i just blindly buy 100 shares of whtever rolls by
[13:35] {peterg} That will fit my state of mind perfectly
[13:52] {dino} sm risky l cetv .95
[13:53] {peterg} dino, sm means small ?
[13:54] {dino} yes=300
[13:54] {peterg} k
[13:55] {peterg} for me, big, since I am in the early stages of tuition payment plan.
[13:56] {dino} alrighty then
[13:58] {GeoArb} anyone plays MON here?
[13:58] {dino} n
[13:59] {GeoArb} beautifull pullback with lowering volume in up pullback
[14:00] {GeoArb} oh well
[14:09] {dino} ] u in
[14:14] {GeoArb} not anymore
[14:14] {GeoArb} pulled about 75 cents on 200 shares
[14:14] {GeoArb} but stock is too expensive
[14:15] {dino} nice
[14:15] {Threei} URRE turned from breakout trade into pullback trade
[14:16] {Threei} if it lost .80 on this setback I'd be more interested
[14:16] {Threei} not in, but wqatching with interest
[14:24] {dino} out cenx .41 +.40
[14:30] {Chaeron} ROYL
[14:30] {dino} out 2/3 cetv .40 +.45
[14:30] {magoo} any read ROYL vsad??
[14:31] {dino} ok in full
[14:34] {dino} brb
[14:34] {Threei} good chance for eod run magoo
[14:35] {magoo} feel like missed good entry
[14:36] {Threei} it breathes
[14:36] {Threei} you'll get more chance
[14:36] {Chaeron} again...
[14:36] {Threei} if not pulling back anymore, .65 with stop under .50
[14:41] {magoo} royl doesn't care about mkt pullbk
[14:42] {Threei} you have 1:1 with .65 entry
[14:43] {magoo} URRE interesting
[14:52] {dino} pete you get out of cetv?
[14:54] {peterg} me? never got in.
[14:55] {dino} ok
[14:55] {Threei} dino, peter is mesmerized by 14 windows showing 5 exchanges
[14:55] {peterg} eyes like saucers
[14:55] {dino} wynn sm l .80
[14:56] {Threei} I know the feeling... pretty flashing colors of level 2 of GOOG or BIDU can keep me entertained for hours
[14:56] {Threei} I am a sucker for flashing lights... Vegas and Times Squarewhat could be prettier
[14:56] {peterg} plus I have to keep going to work, hr at a time; like now. don't want to bother everyone with news of my comings and goings.
[14:57] {Threei} police cars in hot will do too if I am in shticks
[14:57] {Threei} in hot chase that was
[14:57] {peterg} police cars in heat; I like that
[14:57] {Threei} rofl
[14:58] {Threei} I gotta watch my typing...
[14:58] {Threei} but it's not flashy lighted or pretty
[14:58] {Threei} so I usually don't
[15:06] {kazaam} vad, would you get in a JBE type play if the resistance break was at .90 which is so close to .00 pysch resistance? example would be WOR
[15:06] {kazaam} or would you wait for a break of .00
[15:06] {Threei} no, Iwould buy .90 break
[15:07] {Threei} no reason to wait for 24
[15:07] {Threei} it's not a resistance on daily
[15:07] {Threei} nor does it have some huge offers
[15:08] {kazaam} am i correct in viewing .50 and .00 on most stocks as weak support/resitance?
[15:08] {Threei} whole number has some significance
[15:08] {Threei} but not overwhelming
[15:08] {Threei} it adds nicely to other factors
[15:09] {kazaam} yeah, i have been using it as confluence with other more critical factors, i just don't want to be gun shy by factoring in too many insignificant elements
[15:10] {dino} multiplews of .25 imo
[15:11] {dino} multiples
[15:12] {dino} wynn stop to .90
[15:14] {dino} out +.10
[15:15] {dino} cetv fast drop
[15:20] {_Lisa_Jay} URRE broke 4
[15:20] {magoo} has no power as of yet
[15:21] {magoo} ,2o vads trigger
[15:22] {Threei} ummm
[15:22] {Threei} [14:15] {Threei} URRE turned from breakout trade into pullback trade
[15:23] {magoo} oh..sorry
[15:23] {Chaeron} royl trying?
[15:23] {Threei} 4 break became natural trigger after this long-dragged consolidartion
[15:24] {magoo} ROYL feels like a runner
[15:25] {magoo} go gooooooo
[15:27] {Chaeron} target?
[15:27] {Threei} you don't know magoo? his target is $800
[15:28] {Chaeron} lol
[15:28] {magoo} difficult to say......14.899767854
[15:28] {Threei} so imprecise
[15:31] {magoo} song stuck in my head..."goin to a go go ..da dad dad
[15:32] {Threei} poor dino
[15:32] {Threei} singing magoo, it can't be pretty
[15:33] {magoo} my music video...now thats not pretty..scanty clad magoo shakin and bakin
[15:34] {_Lisa_Jay} If it is 7 of 9, not so bad Magoo.
[15:34] {magoo} :)
[15:34] {Threei} my eyes
[15:34] {Threei} the very mental image burns my retina
[15:34] {dino} my ears
[15:38] {_Lisa_Jay} Crazy selling.
[15:41] {dino} out csgp .61 -.09
[15:41] {dino} -.13 i mean
[15:43] {magoo} boner
[15:46] {magoo} remember when a momo stock would have like 3 runs in a day?
[15:46] {magoo} mkt suks anymore
[15:46] {patience} yes, i miss momo runs
[15:56] {dino} ok, calling it a day, thx all, good one
[15:57] {peterg} me too bye all.
[15:57] {dptl} have a good evening all
[15:57] {dino} u2
[15:59] {Threei} thank you all
[15:59] {Threei} have a good evening, see you tomorrow
[16:01] {_Lisa_Jay} Thanks Vad.
[16:06] {magoo} goodnit asll