Thursday, July 17, 2008

Jul 17 2008

Session Time: Thu Jul 17 00:00:00 2008

[08:28] {cosmo} EBAY misses...
[08:30] {Threei} NITIAL JOBLESS CLAIMS:: 366K V 380KE
[08:30] {Threei} CONTINUING CLAIMS: 3.166M V 3.180ME
[08:30] {Threei} JUN HOUSING STARTS: 1.07M V 960KE; BUILDING PERMITS: 1.09M V 965KE
[08:34] {cosmo} EBAY: eBay's Q2 was in line with expectations, but Q3 guidance is weak, and will disappoint; shares are down 6% after hours. Sales increased 20% year-over-year, and net income jumped 22%, aided by share buybacks.
[08:35] {cosmo} off 11% now
[08:35] {Threei} you'd think in wseakening economy Ebay should benefit
[08:36] {cosmo} hmmm
[08:36] {Threei} The Financial Times noted overnight that some government funds have cut their USD exposure.
[08:36] {Threei} that's interesting
[08:37] {Threei} if they cut it someone's increased it, right?
[08:40] {cosmo} ...or will increase at some point
[08:40] {cosmo} tipping point...
[08:41] {Threei} if something is sold... someone bought it
[08:42] {cosmo} sigh...this is deep
[08:43] {Threei} yes for the morning - but I come up with this stuff in the evening and write it down
[08:43] {cosmo} does it wake you at 3 AM?
[08:43] {Threei} nothing can
[08:44] {cosmo} ah...good
[09:00] {fernp} Good Morning
[09:00] {Threei} fern :)
[09:03] {magoo} njfhyjrhjynmghfjyfh
[09:03] {Threei} mgkdjotiercnks?
[09:05] {magoo} sheesh, jobless claims lower, housing starts higher, all good again lol
[09:05] {Threei} yup... what crisis?
[09:05] {Threei} of course I have no doubt that at some point in the day world is going to end
[09:05] {Threei} umm... correction: worlkd is going to start ending
[09:09] {hawkfan4} good morning
[09:09] {Threei} hawk :)
[09:12] {cosmo} VCLK
[09:14] {cosmo} # ValueClick cuts forecasts due to weak economyAP(Thu 9:07am)
[09:18] {judijim} good morning everyone
[09:21] {Threei} jj :)
[09:26] {dino} gm all
[09:28] {Threei} dino :)
[09:28] {peterg} gm all
[09:28] {Threei} peter :)
[09:29] {pita} gm all
[09:29] {Threei} pita :)
[09:29] {magoo} jj, pita, peter:)
[09:29] {Threei} looking at the last lines, I feel like a doorman {G}
[09:30] {peterg} and a good one, too hi mags
[09:30] {Threei} lol
[09:31] {Threei} huge spike ZION
[09:31] {dino} nue looks pretty good, crusjing it tho
[09:32] {Threei} UAUA 4.65 long if stays above 4.50
[09:33] {dino} earnings after close zion
[09:33] {Threei} all banks are rocking
[09:34] {Threei} looking for pullback LEH
[09:34] {Threei} probably JPM can help with timing
[09:35] {Threei} FRE
[09:36] {Threei} no pullback
[09:36] {dino} shoo
[09:36] {Threei} LEH .50 break risky long
[09:36] {Threei} half lot
[09:36] {dino} damn, can't borrow
[09:36] {Threei} if stays above .30
[09:37] {Threei} ok JPM pulling back finally
[09:37] {dino} zion too, unavail
[09:37] {dino} squeezes?
[09:37] {Threei} not LEH though
[09:37] {magoo} in
[09:37] {Threei} over 1:1
[09:37] {Threei} and aiing for 19
[09:37] {Threei} aiming
[09:37] {magoo} out .89 TY
[09:38] {Threei} out .96
[09:38] {Threei} welcome sir
[09:38] {magoo} aapl 175 coming RISKI in
[09:39] {Threei} if we get lucky to have pullback closer to 18.50 LEH, entry level
[09:39] {magoo} ok
[09:42] {magoo} here comes aapl
[09:43] {Threei} here comes everything
[09:44] {Threei} FRE 8.60 long
[09:44] {Threei} .45 stop
[09:45] {Threei} 1:1 easy
[09:45] {Threei} half out .84
[09:45] {Threei} scalpers take profit
[09:46] {Threei} out in full 9.05
[09:47] {magoo} out .07 full TY
[09:47] {Threei} LEH aiming for 20 probably
[09:47] {Threei} not buying here though
[09:48] {Threei} USO spike may become a brake for now
[09:48] {peterg} out FRE at 9.05, tks
[09:48] {Threei} peter :)
[09:48] {peterg} still smokin
[09:48] {Threei} LEH over 20, lol
[09:49] {Threei} mama mia FRE
[09:49] {Threei} and FNM
[09:49] {Threei} here comes LEH drop
[09:49] {Threei} and what a drop it is
[09:50] {Threei} sheesh... there was a pause long enough to short FRE
[09:50] {Threei} why did I hesitate
[09:51] {peterg} because of Cox
[09:51] {Threei} bounce soon
[09:51] {peterg} no shorts on his ffiends
[09:51] {peterg} soon
[09:51] {Threei} available here
[09:52] {peterg} you mean only in U.S.?
[09:52] {Threei} it's broker-to broker specific
[09:53] {Threei} LEH, entry is coming
[09:53] {Threei} as close to 18 as possible
[09:53] {Threei} and keep it small
[09:53] {magoo} in .33
[09:54] {peterg} .39
[09:54] {Threei} .35
[09:54] {Threei} we covered whole range
[09:54] {Threei} out .73
[09:54] {magoo} out .79 lol
06[09:55] * Threei slaps magoo around a bit with a large trout
[09:55] {magoo} ty boss
[09:55] {peterg} out .76 tks
[09:55] {Threei} OK, let's take a small breather... what the heck was that? :)
[09:56] {Threei} gosh, I missed this kind of days
[09:56] {peterg} a tremor in the force
[09:56] {Threei} what a beautiful momo
[09:56] {magoo} mktsstill jittery vad
[09:56] {peterg} momo?
[09:56] {Threei} let's take a pause, market will be defining it's next move now
[09:56] {peterg} mama?
[09:57] {Threei} momo - traders speak for momentum
[09:57] {peterg} roger that
[09:57] {peterg} ok, off for hour.
[09:57] {peterg} have fun
[09:58] {Threei} :)
[09:58] {brian3579} first profitable week thank you vad
[09:58] {Threei} love to hear that brian
[09:59] {Threei} notice,
[09:59] {Threei} you start profitng at times when the world is hurting
[09:59] {brian3579} small but its a start
[09:59] {Threei} this is very significant
[09:59] {Threei} it means you are not a part of crowd anymore
[10:00] {Threei} you move to the smart money side
[10:00] {brian3579} your books and help and hard work mad the difference
[10:00] {brian3579} made
[10:00] {Threei} JULY PHILADELPHIA FED: -16.3 V -15E
[10:01] {Threei} difference is made by you... I provided the necessary resources but nothing works by itself
[10:01] {Threei} - Prices Paid: 75.6 v 69.3 prior (highest reading since 1980)
[10:02] {Threei} - Employment: -7.3 v -6.9 prior
[10:02] {dino} uso, oih rally
[10:02] {Threei} yeah... USO needs to come down again to provide fuel for market
[10:02] {Threei} as long as USO remains strong, it's a drag
[10:05] {Threei} I'd say, we picked exactly right moment to get on sideline
[10:06] {Threei} very tempted by LEH off 18
[10:06] {Threei} want to see market start recovering though
[10:06] {dino} dwsn sm wide l .00
[10:07] {magoo} pretty nasty selloff there
[10:07] {Threei} if I miss it, I always have dave to slap
06[10:07] * magoo slaps laserdave1 around a bit with a large trout
[10:07] {Threei} market is still selling
[10:08] {Threei} whoa USO
[10:08] {dino} oih +6
[10:16] {laserdave1} nice move down
[10:16] {laserdave1} wow
[10:16] {laserdave1} that was crazy
[10:17] {magoo} 100 sh long CME .19 VERY RISKY
[10:17] {Threei} anyone took LEH off 14?
[10:17] {magoo} was watching
[10:17] {magoo} missed
[10:17] {Threei} perfect hit on a support level just when market started rebounding
[10:18] {Threei} the only problem was,
[10:18] {Threei} it jumped off support so rapidly
[10:18] {Threei} you had to just take it on a blind faith that it would hold
[10:29] {dino} sglp
[10:31] {Threei} IMF
[10:31] {magoo} stopped CME -200 bux
[10:31] {magoo} this is discouraging action here
[10:32] {Threei} LEH becomes interesting again
[10:33] {magoo} in leh here .51
[10:34] {Threei} .48
[10:34] {Threei} beat ya this time
[10:34] {magoo} grrrr
[10:34] {Threei} out
[10:34] {Threei} .71
[10:35] {GeoArb} thanks all done for day....vad you can see my take on your setup in TXT
[10:36] {dino} sglp sm l .50
[10:36] {Threei} DBI?
[10:36] {GeoArb} with 1.5 times vol and below yesterday low
[10:36] {Threei} beauty
[10:36] {GeoArb} my spin
[10:37] {peterg} out LEH .85, +18
[10:37] {Threei} send me your configuration please
[10:37] {GeoArb} will email
[10:37] {Threei} ty
[10:37] {Threei} + .18 peter?
[10:37] {Threei} sounds like you chased it quite high
[10:37] {GeoArb} the first 15 mins i discard as garbage
[10:37] {peterg} this setup is too slow
[10:38] {peterg} my "free" software from fidelity
[10:38] {Threei} OK, this is pure danger
[10:38] {Threei} you will pay dearly for that free setup
[10:38] {peterg} too clunky to use, executions are good and timely, but the fooling around to set up the order is tedious and studpid
[10:39] {Threei} ask dave for demo
[10:39] {Threei} you'll be amazed by7 the difference
[10:40] {peterg} Dave Pelosi?
06[10:40] * Threei slaps laserdave1 around a bit with a large trout
[10:40] {Threei} this dave
[10:40] {peterg} Our dave
[10:40] {peterg} Hey dave, can I have a demo?
[10:40] {laserdave1} that can be arranged
[10:40] {laserdave1} i will dcc you
[10:41] {peterg} tks
[10:41] {laserdave1} np
[10:44] {magoo} naz red
[10:44] {Threei} [09:05] {Threei} of course I have no doubt that at some point in the day world is going to end
[10:44] {Threei} [09:05] {Threei} umm... correction: worlkd is going to start ending
[10:45] {magoo} u need to harness this poweer u have
[10:46] {Threei} it's easy
[10:46] {Threei} start drinking around 5 am, and you are golden
[10:47] {magoo} ok..already doing that :)
[10:47] {Chaeron} Dave - dcc please?
[10:48] {Chaeron} Good morning everyone
[10:48] {Threei} if it doesn't worek, double the dose
[10:48] {Threei} chaeron :)
[10:51] {dino} spwr sm l .60
[10:59] {dino} nue sm l .25
[11:00] {pita} later all. its been an interesting morning.....
[11:00] {magoo} bye
06[11:02] * Chaeron slaps laserdave1 around a bit with a large trout
[11:04] {Threei} take care pita
[11:16] {magoo} wake up vad...bouncing it seems
[11:17] {Threei} hard to tell...
[11:23] {Threei} .70 small shares short USO
[11:23] {Threei} .90 stop
[11:24] {Threei} that was fast
[11:24] {Threei} no chance for entry? or someone got it?
[11:25] {Threei} 1:2
[11:25] {magoo} missed
[11:26] {Threei} wow... not in a short list
[11:27] {Threei} but what a call
[11:27] {dino} any news sglp, may have to try it again
[11:27] {Threei} nope
[11:27] {GeoArb} why ot short oih?
[11:27] {dino} brutal
[11:28] {Threei} yeah, OIH is available
[11:28] {GeoArb} :)
[11:28] {Threei} I am getting interested too dino
[11:28] {Threei} probably one more flush
[11:29] {Threei} there we go
[11:29] {dino} think we just had it
[11:29] {Threei} looks like
[11:30] {dino} some really messed up moves this a.m.
[11:30] {peterg} what, now trend up?
[11:30] {dino} y
[11:30] {Threei} really can't tell peter
[11:31] {Threei} on market overall
[11:31] {dino} damn 2 bucks
[11:31] {peterg} Fidelity cant get me LEH for shorting unless I beg
[11:31] {peterg} not intending to
[11:32] {peterg} short or beg at moment
[11:32] {GeoArb} you trade at fidelity?
[11:32] {peterg} still, on their active trader pro platform
[11:32] {Threei} peter lives on the edge
[11:32] {peterg} streaming realtime etc level two
[11:33] {peterg} looking into alternatives.
[11:33] {GeoArb} i am sure vad can set him up
[11:33] {peterg} But so cheap as to be problematic
[11:33] {peterg} working on it geo
[11:33] {Threei} maybe second chance dino
[11:33] {GeoArb} laser dave DCC
[11:33] {GeoArb} pls
[11:34] {dino} waiting 13.40
[11:34] {Threei} too .83, out 15.45
[11:34] {Threei} took
[11:34] {Threei} .44 and .45
[11:36] {dino} 15?
[11:36] {Threei} 14.83 in, 15.44 out
[11:37] {dino} ok
[11:37] {Threei} new low is likely now
[11:37] {laserdave1} attention all laser users
[11:37] {laserdave1} ***********
[11:37] {Threei} uh oh
[11:37] {magoo} oh oh
[11:38] {laserdave1} they might have to shut down laser for 3 minutes
[11:38] {magoo} crap
[11:38] {laserdave1} just giving you a heads up
[11:38] {magoo} i got 3 positions
[11:38] {Threei} we are to be electrocuted if we make profit
[11:38] {magoo} when??
[11:39] {laserdave1} trying \to find more info now
[11:39] {magoo} ok
[11:40] {GeoArb} no dcc laserdave?
[11:40] {GeoArb} sniff sniff
[11:40] {Threei} 11:40:26 ADMIN7 --} (All): System shutting down for EMERGENCY maintenance for 2-3 mins!!!
[11:40] {magoo} CRAPPPPPPPPP
[11:41] {Threei} 11:40:43 ADMIN7 --} (All): This will happen in 5 mins!!!
[11:41] {laserdave1} 5 minutes and then we go down
[11:41] {laserdave1} we go down for 2 to 3 minutes
[11:41] {laserdave1} be prepared
[11:41] {Threei} will reconnect itself or we have to shut down and log in again?
[11:42] {laserdave1} i think u will have to log in again
[11:42] {Threei} 11:45 is shutdown time
[11:42] {dino} out spwr .91, +1.30
[11:43] {Threei} btw... first time in a looong while gas price came down yesterday
[11:43] {magoo} OK OUT
[11:44] {patience} also been a long long time since laser was down during prime trading hours
[11:45] {laserdave1} so rare for something like this
06[11:45] * magoo slaps patience around a bit with a large trout
[11:45] {patience} good morning magoo :)
[11:45] {magoo} we be down
[11:46] {Chaeron} it's my fault :)
[11:46] {Threei} quotes are still up, executor is out
[11:46] {patience} i'm in a trade shorting crude oil, vad please whack it and make it drop further
[11:46] {Threei} no executions... criminals run free
[11:46] {peterg} my fault; I expressed interest in laser
[11:46] {Threei} whacking as we speak
[11:46] {Threei} rofl peter
[11:46] {patience} ty
[11:47] {Threei} USO will lose 108 in a jiffy
[11:47] {patience} much obliged
[11:47] {GeoArb} laser is probably one of the most stabe out there
[11:47] {GeoArb} and i have shopped around
[11:47] {patience} i'm having a hard time remembering when it was actually unavailable
[11:47] {Threei} once when they had big flood in NY I remember
[11:47] {Chaeron} stable for years here and best execution period
[11:47] {Threei} and they had to switch to alternative energy supply
06[11:48] * magoo slaps peterg around a bit with a large trout
[11:48] {Chaeron} hamsters on wheels?
[11:48] {peterg} sorry
[11:48] {Threei} yes chaeron
[11:48] {Threei} those were well fed hamsters
[11:48] {laserdave1} log in everyone
[11:48] {Threei} run like crazy
[11:48] {laserdave1} i think were good now
[11:48] {laserdave1} im in
[11:48] {magoo} ROFLOL peterg
[11:49] {laserdave1} everyone should be able to get in now
[11:49] {peterg} can I make it up to you?
[11:49] {magoo} dam, forgot my password
[11:49] {laserdave1} if you cannot dcc me asap
[11:49] {GeoArb} lol
[11:49] {Threei} lol
[11:49] {dptl} ebay 24 break?
[11:49] {Threei} I am in dave
06[11:49] * laserdave1 slaps magoo around a bit with a large trout
[11:49] {Chaeron} I'm in
[11:49] {Chaeron} THANKS DAVE!
[11:50] {Threei} worth a try dp
[11:50] {laserdave1} see Wayne
[11:50] {magoo} IN
[11:50] {laserdave1} i get them to shut down entire system just for you :)
[11:50] {dptl} ok ty stop at .89?
[11:50] {Threei} hmmm
[11:50] {Threei} preferential treatment eh?
[11:50] {Threei} yes dp
[11:50] {magoo} u pretty powerful guy dave :)
[11:51] {GeoArb} and he is a good armwrestler too
[11:54] {dptl} out ebay +.10
[11:55] {Threei} stinkin' scalper
[11:55] {dptl} :)
[11:55] {dino} lol, gj
[11:55] {Threei} :)
[11:56] {Threei} wow
[11:56] {Threei} careful
[11:56] {Threei} something just happened
[11:56] {dptl} where?
[11:57] {Threei} don't know... scary downtick market
[11:57] {Threei} maybe just a fluke
[11:57] {Threei} but looks potentially nasty
[11:57] {peterg} lotsa red
[11:57] {Threei} interesting piece of news:
[11:57] {Threei} UBS
[11:57] {Threei} - Swiss-based advisiors will not be allowed to travel to the US to meet with clientes
[11:57] {Threei} - Annoucement comes as company officers testify before a Senate panel looking into tax evasion.
[11:57] {magoo} dave accidently unplugged entire market system vad {dave "OOPS"}
[11:57] {Threei} 108 USO
[11:58] {Threei} ahhh
[11:58] {Threei} stop drinking and tripping over market plug dave
[11:58] {patience} trading today is too much like work, make money, give it back, repeat
[11:59] {Threei} keeping mine
[11:59] {peterg} that was my yesterday; today better
[11:59] {Threei} not giving back a single cent
[11:59] {Threei} I like my cents
[11:59] {Threei} anyone remembers MCEL?
[12:00] {Chaeron} who? or is it whom? Raven would know that one...
[12:01] {Threei} reads like:
[12:01] {Threei} mafia bosses approved the hit
[12:01] {Chaeron} yeah.... where was that one when heyday?
[12:01] {Chaeron} 0.02 now
[12:02] {Threei} I remember 3
[12:02] {Threei} one of those small stocks that would aslways get some news and run on it
[12:03] {Threei} we need USO to lose 107 to get more downside momentum
[12:04] {patience} you know what to do vad
[12:04] {Threei} whack?
[12:05] {patience} that would be it
[12:05] {Threei} that's actually the only thing I know
[12:05] {Threei} btw, you've got a sledgehammer?
[12:05] {patience} i have two of them actually
[12:05] {Threei} cool, I'll ask to borrow :)
[12:06] {patience} little one when finesse is called for, big one for just destroy it
[12:06] {peterg} I have a ten-pound one, a bit too heavy, but I used it to defragment the hard drive of a laptop
[12:06] {Threei} I provide a lot of finesse with big one
[12:07] {Threei} trust me, that's one fine whacking
[12:07] {patience} wrong way vad, oil and gold are going up
[12:08] {GeoArb} whats the symbol for gold?
[12:08] {laserdave1} gld
[12:08] {peterg} au?
[12:08] {peterg} periodic table
[12:08] {GeoArb} i was wondering if anyone used the future
[12:08] {Threei} lol
[12:09] {Chaeron} no Geo... I just live in the past
[12:09] {GeoArb} ahhhh
[12:09] {GeoArb} just not my day :)
[12:12] {dptl} Vad,hows omx at .53 break with .39 stop?
[12:13] {Threei} chart is right but not for full lot
[12:13] {dptl} ok ty
[12:13] {Threei} it's not very thin on Level2,
[12:13] {Threei} yet does some quite pronounced moves
[12:14] {laserdave1} peter dcc when u get time please
[12:26] {Threei} hate to do it but...
[12:26] {Threei} 108.50 break long USO
[12:26] {Threei} .30 support
[12:31] {Threei} over 1:1
[12:31] {Threei} over 1:2
[12:32] {jmb} Thanks Vad
[12:32] {Threei} welcome
[12:32] {hawkfan4} nice one, thx
[12:32] {Threei} :)
[12:32] {Threei} unpatriotic...
[12:41] {dino} wow we missed sglp, i was sitting at 14.15 when it hit 14.50
[12:52] {Threei} yessss
[12:52] {Threei} love to see USO action
[12:52] {Threei} lose 107 you lousy oily smelly bastard, fall down and break to pieces
[12:52] {Threei} your OMX works dp
[12:54] {magoo} back...we in anything??
[12:54] {Threei} no but looking for FRE pullback to 8.10 area for long
[12:54] {Threei} and FNM to 10.65 area
[12:54] {dptl} yep +.10 and also grabbed ald for +.10...........stinking scalper:)
[12:55] {Threei} thank you dp
[12:55] {Threei} by admitting it you don't make me say that :)
[12:55] {dptl} :)
[12:58] {dino} cwei
[13:05] {judijim} rough day for us, up $500 for the day, have a great day all traders be back tomorrow
[13:05] {magoo} sing along here....i have a structured settlement....but i need cash j g whentworth 877-cashnow
[13:05] {magoo} yeah thats rough uop $500
[13:05] {magoo} chime in vad
[13:06] {Threei} I can't
[13:06] {Threei} I chocked
[13:06] {GeoArb} chocked
[13:06] {GeoArb} he is chock full of sympathy
[13:06] {Threei} lol
[13:06] {magoo} im only up 750 and thought t was real good day lol
[13:06] {Threei} some are sooo spoiled
[13:07] {Threei} well USO... it's time
[13:07] {GeoArb} comeone magoo you gota beat my score
[13:07] {magoo} what on USO?
[13:07] {GeoArb} youre the "senpai" here
[13:07] {magoo} OY..where u at?
[13:07] {Threei} die you oil-covered environemtally-unfriendly economy0killing jerk
[13:07] {GeoArb} 1095.95 net
[13:08] {GeoArb} good round nuber so closed
[13:08] {magoo} whats smenpoo?
[13:08] {GeoArb} is senior classmate mentor in japanese
[13:08] {Threei} anyone got FRE
[13:08] {Threei} ?
[13:08] {Threei} pulled back right to .10
[13:08] {GeoArb}
[13:09] {Threei} precision to the cent
[13:09] {Threei} FNM to .66, precision to the cent
[13:10] {GeoArb} vads the sensei
[13:10] {GeoArb} money makes me all kung fooish :)
[13:13] {GeoArb} what not even a trout for foreign gobblygook
[13:13] {GeoArb} man whats one gota do to earn one
[13:14] {Threei} lol
[13:14] {GeoArb} hey chaeron do you like dimsum?
[13:15] {Chaeron} love it
[13:15] {GeoArb} i want to yesterday..... and i am in love..... a bit of a drive for you
[13:15] {GeoArb} NEVER had it better
[13:15] {Chaeron} for a sec there I thought you were talking about my diminished brain capacity
[13:15] {GeoArb} heheheheh
[13:15] {Threei} rofl
[13:15] {GeoArb} nah that would ne
[13:16] {GeoArb} "chaeron you like dimsum"
[13:16] {GeoArb} instead of do you
[13:16] {GeoArb} amazing food
[13:19] {Threei} aggressive FRE entry here
[13:19] {Threei} stop under .30
[13:19] {Threei} .50 break is regular entry
[13:25] {patience} ok, back to making consistant money on my trades, but also consistantly leaving money on theh table
[13:25] {patience} what to do vad
[13:26] {Threei} IMO... continue leaving money on the table...
[13:26] {Threei} that's the key to consistency :)
[13:27] {Threei} who was it who said "I made my fortunes by selling too soon"
[13:27] {patience} hmmm...just trying to figure out the pattern for trading right now and can't
[13:31] {dptl} ald?
[13:34] {Threei} hard to tell... too slow
[13:34] {dptl} got .21 stop under .10
[13:36] {dptl} and out +.10 again
[13:37] {Threei} say it
[13:38] {dptl} stinking scalper ,,,,hehe i know:)
[13:38] {GeoArb} i love jellybeans?
[13:39] {magoo} if i may ask many shares u scalpin for dimes?
[13:41] {dptl} not much these days...been really beatten up last month so no more then 400 for now till get back on my feet
[13:42] {dptl} need some consistancy again
[13:42] {magoo} thats only 3-500 shares
[13:42] {magoo} used to go 1k 2k
[13:42] {magoo} doing better smaller
[13:42] {dino} v sm l .80\
[13:43] {dptl} if i am up for the day i do even smoller to stay up
[13:43] {GeoArb} i fine i do better if instead of all in scale out........ i do scale in scale out
[13:44] {brian3579} hd
[13:44] {brian3579} sorry
[13:45] {brian3579} computer going crazy
[13:47] {dino} aglt
[13:48] {dptl} will that cats break?
[13:49] {dino} ?
[13:50] {dino} buyout
[13:54] {patience} anybody know a utilities etf to trade?
[13:56] {Threei} JXI
[13:57] {Threei} Global Utilities Sector Index Fund
[13:57] {patience} you are GOOD
[13:57] {patience} ty
[13:57] {Threei} :)
[13:57] {patience} ok, just to test you
[13:57] {patience} how about a bear utilities etf
[13:57] {GeoArb} no XLU?
[13:58] {Threei} Utilities Select Sector SPDR (XLU)
[13:58] {patience} ty geo, haven't done a spdr for awhile...i suppose i can short them
[13:58] {GeoArb}
[13:59] {GeoArb} has very good etf map
[13:59] {dino} uth
[13:59] {Threei} here are all of them:
[13:59] {Threei}
[14:00] {patience} thanks...apparently utilities broke down yesterday and i'm looking for momo :)
[14:00] {Threei} and this will give you any ETF one can think of:
[14:00] {Threei}
[14:01] {patience} ty, quite the listing
[14:01] {GeoArb} excellent heat map here
[14:01] {GeoArb} for macro view
[14:02] {patience} i'm trying to keep to trading on the canadian side, unless I know CDN dollar is going up, doing the arbitrage thing
[14:03] {patience} ty Geo, now I need a drink to work through this one
[14:03] {dino} nue stop to .80
[14:03] {laserdave1} aapl getting funny here
[14:03] {dino} out +.55
[14:04] {laserdave1} carefull if long aapl
[14:04] {Threei} haha funny or uhoh funny?
[14:05] {laserdave1} funny like a clown funny
[14:06] {laserdave1} markets saved it
[14:07] {laserdave1} its still really weak
[14:07] {laserdave1} relative to markets
[14:08] {dino} biod
[14:09] {dino} speaking of funny, thats why cannibals don't like clowns
[14:09] {dino} they tast funny
[14:09] {Threei} hmmm
[14:10] {Threei} I'll take your word for exchange for secret explanation
[14:10] {dino} clowns taste funny
[14:10] {laserdave1} alll i want from u aapl is 2 points
[14:10] {laserdave1} now get down
[14:10] {Threei} hey, I wanted secret...
[14:10] {laserdave1} i never had clown before
[14:11] {dptl} lol
[14:11] {magoo} short aapl u thinking?
[14:11] {Threei} if you don't like clowns, you simply don't cook them right
[14:11] {laserdave1} ummm
[14:11] {laserdave1} no comment
[14:12] {dino} i suspect you may be a clown
[14:12] {laserdave1} out aapl
[14:12] {laserdave1} will reenter if setup comes back
[14:13] {GeoArb} i am short skf very small
[14:13] {GeoArb} volatile creature
[14:17] {dino} gutsy
[14:17] {laserdave1} reshorted aapl
[14:17] {laserdave1} that skf is nuts
[14:17] {GeoArb} i love it
[14:17] {laserdave1} skf?
[14:17] {laserdave1} wow
[14:17] {dino} things down 70 pts from yesterday
[14:20] {Threei} USO is threatening to go under 105
[14:22] {Threei} 105 be lost
[14:23] {Threei} {105} yes sir
[14:23] {magoo} u in?
[14:23] {GeoArb} hey laser dave can you short skf?
[14:23] {Threei} in what?
[14:23] {GeoArb} in laser
[14:23] {magoo} sh USO
[14:23] {Threei} it's unavailable
[14:24] {GeoArb} yeah..... i had to call in so was wondering
[14:25] {dino} v sm l skf .25
[14:25] {laserdave1} no sorry
[14:25] {laserdave1} must be heavy demand
[14:26] {GeoArb} yeah i called up and begged saying i only need 500 and only for the day
[14:26] {GeoArb} i guess i am a naked illegal
[14:26] {Threei} my eyes
[14:26] {GeoArb} lol
[14:27] {laserdave1} geo dcc please
[14:28] {dino} stopped -100
[14:30] {magoo} vad, what u think?230 smakdown or run?
[14:31] {dino} rinsed
[14:31] {Threei} 230?
[14:32] {laserdave1} if i had to guess i say we rollover
[14:32] {laserdave1} but this market amazes me
[14:32] {laserdave1} so stops always in place
[14:35] {magoo} 2:30 pm vad
[14:35] {dino} good guess
[14:36] {Threei} watching FRE for bounce
[14:36] {laserdave1} thats a good aapl
[14:37] {laserdave1} got whipsawed on it and stopped 3 times
[14:37] {laserdave1} this one is good
[14:38] {laserdave1} i covered half
[14:38] {laserdave1} near low of day
[14:40] {magoo} disappointed in u dave now
[14:40] {magoo} u werre supposed to remind to not NOT do something today
[14:40] {dino} nue, wow glad i got out
[14:41] {laserdave1} hey dood
[14:41] {laserdave1} i was gooing to remind u
[14:41] {laserdave1} i was going to remind u a bit later
[14:41] {laserdave1} just in case u forget
[14:41] {laserdave1} this way fresh in your head
06[14:41] * laserdave1 slaps magoo around a bit with a large trout
[14:42] {laserdave1} bidding 171.31 on aapl in case big bar down
[14:42] {Chaeron} that's a role-reversal
[14:42] {laserdave1} sometimes even i bring out the heavy ditu artillary
[14:43] {laserdave1} duty
[14:43] {GeoArb} what laserdave no long skf? :)
[14:44] {laserdave1} dcc geo
[14:44] {dino} sglp going to hold?
[14:45] {Threei} feels so
[14:46] {laserdave1} im long sglp
[14:46] {laserdave1} gonna soak a bit more up if front of big bid 14.26
[14:46] {laserdave1} hes my oout
[14:47] {laserdave1} hidding .42 INET
[14:47] {laserdave1} not getting hit
[14:47] {laserdave1} got 100 more
[14:48] {laserdave1} there we go
[14:48] {laserdave1} got 400 now
[14:48] {dino} ok in sm
[14:49] {laserdave1} he cancelled got out half
[14:50] {laserdave1} now he comes in higher
[14:50] {laserdave1} games
[14:50] {magoo} its me its me he he
[14:50] {laserdave1} your ubss
[14:50] {laserdave1} haha
[14:50] {laserdave1} stop it then
[14:50] {dino} stop is .08 fwiw
[14:50] {laserdave1} im loong again small shares
[14:51] {laserdave1} holding 14$ as stop
[14:51] {laserdave1} he got filled this time
[14:52] {dino} stopped
[14:52] {laserdave1} out
[14:52] {laserdave1} brutal slippage
[14:52] {laserdave1} will look for better entry
[14:53] {dino} 12.35
[14:53] {dino} what the heck is w/it?
[14:54] {laserdave1} no idea
[14:54] {laserdave1} but that slippage was not fun
[14:54] {Chaeron} 13.25 or 12.35?
[14:54] {Chaeron} lol
[14:54] {dino} 12.35
[14:54] {Chaeron} answwered
[14:54] {Threei} can't think of anything but belonging to energy sector
[14:55] {Threei} which by no means explains the scale of dump
[14:55] {dino} oh oh
[14:55] {laserdave1} ok in again
[14:55] {dino} c'mon back to 15
[14:56] {laserdave1} stopped
[14:56] {laserdave1} ok im not tradeing this anymore
[14:57] {magoo} god dammit maverick..get back in thhe fight lol
[14:57] {laserdave1} haha
[14:57] {laserdave1} slippage on this one real bad
[14:57] {magoo} qqqq looks like sell fgrom hell
[14:59] {dino} oh man, i long for the old days of drop 2.50 and bounce, this8-10 point stuff is hard to play
[15:00] {patience} too many cross currents
[15:01] {Threei} can't believe it
[15:02] {magoo} yeah..i haven't traded since lunch
[15:02] {magoo} can't figure it
[15:03] {patience} gut says down but who wants to crystal ball it
[15:03] {magoo} now naz bounces./..sheesh..harder than yesterday
[15:03] {magoo} u agrrre vader?
[15:04] {Threei} can't tell
[15:04] {Threei} a lot of wierd stuff happens
[15:05] {Threei} incredible, no single word anywhere on SGLP??
[15:06] {GeoArb} looks like ill have to check
[15:06] {Threei} whatever... scalped it
[15:06] {GeoArb} lol
[15:06] {Threei} lol
[15:07] {Threei} of course no it goes back 20
[15:07] {GeoArb} come vad you shouldnt blindly nmake money
[15:07] {GeoArb} you should spend all your time on why
[15:07] {Chaeron} yeah... open your eyes when you trade
[15:07] {magoo} REALLY wheres the call??????
[15:07] {Threei} no frikin way I'd call this thing
[15:08] {dptl} hoku?
[15:08] {magoo} anyone holding 500 shares of goog into bell?
[15:12] {magoo} sense of humor in entire room
[15:13] {GeoArb} crap
[15:13] {GeoArb} i took your call
[15:14] {magoo} ROFLOL
[15:14] {GeoArb} :)
[15:14] {dino} poor magoo
[15:14] {magoo} into bell..reports will go 50 points up or down
[15:14] {magoo} in a blink
[15:14] {magoo} i know..ask dino from last qtr
[15:15] {magoo} ouch
[15:15] {magoo} so painful i got a personnal phone call {and lecture} from laserdave
[15:16] {GeoArb} impressive
[15:17] {dino} not when i have to listen to it
[15:19] {dino} out v .20, +.40
[15:24] {laserdave1} hey guys
[15:25] {laserdave1} not sure whats going on but they have to restart system again
[15:25] {laserdave1} will do full enquire after close with what happend today
[15:25] {laserdave1} this is second time
[15:25] {Chaeron} aaaaaaaaaaaaaaaaaaaaaaaaaarrg
[15:25] {Chaeron} oh... ok... I'm ok
[15:26] {laserdave1} im in again
[15:26] {laserdave1} log in asap
[15:26] {magoo} i out trying
[15:26] {magoo} In
[15:26] {Chaeron} in what? SGLP?
[15:26] {magoo} those b@st@rds :)
[15:27] {magoo} in laser, was bumped out
[15:28] {laserdave1} log in again
[15:28] {laserdave1} system had to go down for a minute
[15:28] {laserdave1} if lose executor
[15:28] {laserdave1} just log out and back in
[15:29] {Threei} SGLP
[15:29] {Threei} - its unclear if the two Semgroups are related, but both are headquartered in Tulsa, OK.
[15:33] {dino} sglp toghten to .59
[15:33] {dino} tighten
[15:34] {dino} out slip, +1.19
[15:34] {Threei} wtg
[15:34] {GeoArb} nice
[15:34] {dino} lucky
[15:34] {patience} very nice dino
[15:34] {dino} nerve racking
[15:34] {GeoArb} i am all glazed over... but trust dino to chug along
[15:35] {dino} i've been starting rough geo
[15:35] {dino} afternoon come backs you know
[15:36] {dino} atvid
[15:40] {Threei} 11.01 FNM for scalp
[15:41] {magoo} in
[15:44] {Threei} nope
[15:44] {Threei} scratch it
[15:45] {Threei} GOOG earnings... who knows what it does to market
[15:45] {laserdave1} MAGOOOOOOOOOO
[15:45] {laserdave1} i gave u the warning
[15:45] {laserdave1} :)
[15:45] {laserdave1} dcc
[15:46] {magoo} uh oh
[15:55] {Threei} why?
[15:55] {Threei} is there shortage of oil?
[15:56] {cosmo} it leaks anyway
[15:56] {Threei} oh
[15:56] {cosmo} that's why they have to keep filling it...
[15:56] {Raven} 3 sigh
[15:56] {Threei} lol
[15:56] {cosmo} oops
[15:58] {Threei} interested to have a look at GOOG but not going to play anything off it
[15:59] {dptl} have a good evening all:)
[15:59] {Threei} take care dp
[15:59] {Threei} oil under 130... that makes my day
[15:59] {Threei} under 80 will make my year
[16:00] {laserdave1} get ready goog
[16:01] {Threei} Pelosi: offshore drilling is off the table
[16:01] {Threei} GOOG
[16:01] {Threei} REPORTS Q2 $4.63 V $4.74E
[16:01] {magoo} 40 ppoints
[16:01] {Threei} R $3.9B (EX-TAC) V $3.87BE
[16:03] {magoo} i said 50 points
[16:03] {magoo} no not which way was prob
[16:03] {Threei} that was fun to watch
[16:03] {Threei} ok guys, thank you all
[16:04] {Threei} have a great evening, see you tomorrow
[16:04] {Chaeron} thanks again Threei
[16:04] {magoo} bye vad
[16:04] {Chaeron} Dave, thanks for the help
[16:04] {magoo} ty
[16:04] {Chaeron} oh and magoo?
06[16:04] * Chaeron slaps magoo around a bit with a large trout