Session Time: Wed Aug 06 00:00:01 2008
[08:19] {Threei} [FRE] Freddie Mac Reports Q2 -$1.63 v -$0.53e, R $1.69B v $2.18Be, Provision for credit losses $2.5B; cuts dividend to $0.05 from $0.25 prior
[08:19] {Threei} - Says securities impairment $1.0B
[08:19] {Threei} - Estimated regulatory core capital was $37.1B at June 30, 2008, which represented an estimated $8.4B in excess of the company's statutory minimum capital requirement, and an estimated $2.7B in excess of the 20 percent mandatory target capital surplus directed by the Office of Federal Housing Enterprise Oversight (OFHEO).
[08:19] {Threei} - The company believes that it is adequately reserved for incurred losses. As of June 30, 2008, the reserve covers approximately 2.7 times of annualized second quarter 2008 contractual net charge-offs.
[08:19] {Threei} - Sees provisions for credit losses remaining high and charge-offs continuing to increase in the remainder of 2008.
[08:42] {hawkfan4} good morning
[08:44] {Threei} Good morning
[08:44] {hawkfan4} hi vad :)
[08:45] {Threei} sooo... FRE/FNM get killed and recover and go green :)
[08:45] {Threei} that's how it happened every time in the past
[08:45] {Threei} does it hold or this time they are finished for a long while
[08:46] {hawkfan4} been trading FRE, had a couple nice shorts, now long .49, stop .34
[08:46] {peterg} hi guys
[08:46] {Threei} peter :)
[08:46] {hawkfan4} morning
[08:47] {Threei} it's an aggressive entry you took
[08:47] {Threei} per chart, .61 would be long trigger
[08:47] {hawkfan4} yes, and so far it's not working. thought .50 break might get it going
[08:48] {Threei} ABK
[08:48] {Threei} CEO: COMPANY COULD ESTABLISH A NEW MUNICIPAL INSURER BY Q4 - CONF CALL
[08:48] {Threei} it will or it will not
[08:48] {Threei} you know very well... there is nothing inherently wrong with aggressive entries
[08:49] {Threei} and fatalistic approach is the best after the entry's taken
[08:49] {Threei} held this round of selling well
[08:50] {hawkfan4} for me, the closer to the stop, the better. that way i can be wrong more and still be ok. I have a hard time waiting for breaks
[08:50] {Threei} yup
[08:50] {Threei} setup is the function of the market; the way you play it is the function of your personality
[08:50] {Threei} there... "Vadism of the day"
[08:51] {hawkfan4} i like it :)
[08:52] {Threei} from one of Expos when I was participating in those enormous gatherings... during book signing, I complained quietly that I am running out of ideas what to write and not delighted by standard repeating signature
[08:53] {Threei} someone said "ah, just compe up with new vadism for every book"
[08:53] {hawkfan4} that's a tall order
[08:53] {Threei} no kidding.. easy to do 3 times
[08:53] {Threei} not 30
[08:55] {Threei} so far so good FRE
[08:55] {Threei} break of .60 should make or break this trade
[08:56] {hawkfan4} nice, now to sell 8? ;=)
[08:57] {Threei} 08/05/08 04:30pm [MFLX] Reports Q4 $0.34 v $0.36e, R $167.6M v $165.3Memore.. - Gross Margins 13.8% v 4.6% y/y
[08:58] {Threei} my scalping soul would have seeked relief into spike on .65 break
[08:59] {Threei} my greedy soul would wait for closer 7
[08:59] {Threei} but my greedy soul gets creamed more often than it gets rewarded
[08:59] {Threei} so do your own soul-searching :)
[09:00] {hawkfan4} mine too, i've been trying to get more scalpy, like yesterday with UAUA, i really should've sold it on the first trip to 10, then i could have bought it back lower and had another trade
[09:01] {Threei} that's the whole idea of short term trading... catch your waves and skip unfavorable ones
[09:01] {Threei} so on the $1 move made twice by stock you get $2 profit :)
[09:02] {hawkfan4} yep, i have a tendency to get hung up on bigger targets. 1/3 out FRE .67
[09:02] {Threei} if need some compromise between holding and taking profit, with right entries and tight stops double lot can do wonders
[09:03] {Threei} one for longer hold, one for normal day trading
[09:03] {Threei} trade around with one, try to hit it big with another, keep orioginal stop for this "holding lot"
[09:04] {Threei} this break of .80 is where my daytrading sould would have found calm and quiet
[09:04] {hawkfan4} i do that all the time. had 3 for UAUA yesterday cuz i added just above my stop
[09:04] {Threei} :)
[09:05] {hawkfan4} of course then i decided to wrestle with MOS a few times and got creamed.
[09:09] {hawkfan4} out 1/3 more at .70, trailing the .68 bid
[09:09] {lars} morning all
[09:09] {Threei} lars :)
[09:13] {dino} gm all, had some fun w/pcln afterhours
[09:13] {Threei} dino :)
[09:14] {hawkfan4} out FRE .66
[09:15] {hawkfan4} wow, i hadn't even looked at PCLN. Crushed
[09:18] {dino} yeah, picked up 900 on 3 trades between 4:15 and 5:30
[09:18] {dino} magoo too
[09:18] {dino} original entry was 94
[09:19] {magoo} morn..hung over here
[09:19] {hawkfan4} sweet, nice job
[09:19] {Threei} magoo :)
[09:19] {dino} fwiw, your scalping talk above, me too guys
[09:19] {pita} morning all
[09:19] {Threei} pita :)
[09:24] {dino} watching wfmi, mflx, pcln
[09:31] {fernp} Goo morning
[09:31] {Threei} fern :)
[09:32] {judijim} good morning everyone
[09:32] {Threei} jj :)
[09:33] {Threei} ABK, 5 break if stays above 4.90
[09:33] {Threei} if loses it want it closer to 4.70
[09:34] {magoo} in
[09:34] {Threei} 1:1 easy
[09:35] {Threei} 1:2
[09:35] {magoo} out .27 TY
[09:35] {Threei} 1:3, I am out
[09:35] {Threei} welcome
[09:35] {Threei} easy money
[09:35] {lars} out .28 nice start :)
[09:35] {Threei} :)
[09:36] {dino} gj
[09:36] {Threei} ty
[09:38] {Threei} pullback closer to 5 deserves attention
[09:38] {Threei} market selling pressure, should help it get there
[09:39] {Threei} here we go, wastch for market turn and grab it
[09:39] {Threei} same setup
[09:39] {Threei} in
[09:39] {Threei} same stop too
[09:40] {Threei} 1:1
[09:40] {Threei} deja vu
[09:40] {Threei} lol
[09:40] {Threei} more conservative on target this time though
[09:40] {Threei} out half
[09:41] {Threei} 4.95 stop
[09:41] {dino} sm risky, mflx l .00
[09:41] {Threei} US STATE DEPT: MAJOR POWERS CONCUR IN CONFERENCE CALL THAT THERE IS NO CHOICE BUT TO PURSUE ADDITIONAL SANCTIONS AGAINST IRAN GIVEN RESPONSE DESCRIBED AS 'STALLING'
[09:41] {Threei} {USO}
[09:42] {Threei} 1:2
[09:42] {Threei} deja vu, I am telling
[09:42] {Threei} you
[09:42] {Threei} out in full
06[09:42] * magoo slaps Threei around a bit with a large trout
[09:42] {Threei} what did I do?
[09:43] {lars} nice call again :)
[09:43] {magoo} u were too good:)
[09:43] {Threei} ty... I can imagine what magoo is going to do to me when I call a stop
[09:44] {Threei} FRE
[09:44] {Threei} MOODYS SAYS SENIOR AAA RATING IS NOT UNDER REVIEW; FRE PFD STOCK RATING IS STILL UNDER REVIEW AND MAY BE CUT
[09:44] {dino} winn
[09:44] {esemde} morning all
[09:44] {dino} bad prints
[09:44] {Threei} ese :)
[09:44] {Threei} not taking 5 this time so confidently if it gets there again
[09:45] {Threei} this time I'd like different type of entry
[09:45] {Threei} consolidation closer to day high and break
[09:46] {Threei} if it can do it and nothing bad happens news/oil wise, 6 is a reasonable target
[09:46] {Threei} with a lot of breathing on the way of course
[09:47] {Threei} if however loses 5, will have to re-evaluate
[09:49] {dino} wfmi sm l .50 stop lod
[09:52] {magoo} ;l aapl .12
[09:52] {pita} any read pcln?
[09:54] {dino} feels lower
[09:54] {dino} lets see if lod holds
[09:54] {Threei} to me too, I would be more comfortable looking for entry around 98 or under
[09:54] {Threei} but its volatility makes any read quite fuzzy
[09:55] {magoo} hit 94 last nite
[09:55] {dino} was thinking 95
[09:55] {dino} strike
[09:55] {dino} report actually was good
[09:59] {magoo} waiting .87
[10:00] {dino} waiting at 96.70
[10:00] {dino} mflx stopped -.31
[10:01] {lars} wfmi nice
[10:01] {dino} out wfmi .90, +.40
[10:01] {dino} ty
[10:02] {lars} :)
[10:03] {magoo} missed aapl exit greed
[10:03] {magoo} .65 easy
[10:03] {Roman} 21 where is the stop now?
[10:03] {dino} mflx rinse-r-roni
[10:03] {Roman} 21 I am in wit wit u
[10:03] {magoo} 158 .90
[10:04] {magoo} we hasd 50 cents
[10:04] {magoo} get out it could crash
[10:05] {dino} ugh, .71 hits not my .70
[10:05] {dino} ok sm .72 pcln
[10:07] {magoo} back in .23
[10:09] {Threei} RUSSIAN ENVOY HAS REPORTEDLY SAID MOSCOW NEVER SET A DEADLINE FOR A RESPONSE FROM IRAN TO THE RECENT OFFER IN NUKE TALKS - UNCONFIRMED REPORT
[10:10] {dino} thats because thery haven't been paid yet
[10:10] {dino} out pcln 98.22, +1.50
[10:10] {Threei} wtg
[10:11] {dino} ty, lucky entry
[10:11] {Threei} FRE 7.05 long if holding above 6.90
[10:11] {dino} all that cle\an living ya know
[10:14] {esemde} VRNM....anybody know anything about this one?
[10:14] {esemde} up51%
[10:14] {Threei} FRE
[10:14] {Threei} CEO SAYS HALF-WAY THROUGH PEAK TO TROUGH, PLANNING FOR MORE STRESS SCENARIOS - CONF CALL
[10:14] {Threei} ABK
[10:14] {Threei} MGMT: NO CURRENTLY DESPERATE TO CONDUCT THE TERMINATIONS OF CDOS - CONF CALL
[10:15] {Threei} 00:02am [VRNM] Signs partnership with BP to accelerate the commercialization of cellulosic ethanol
[10:15] {magoo} l rimm .90
[10:15] {Threei} 08:18am [VRNM] Jefferies Raised VRNM to Buy from Hold, price target: $5
[10:15] {magoo} small shares 200 bux max stop
[10:16] {Threei} looks interesting ese
[10:16] {esemde} does indeed
[10:18] {esemde} don't penny stocks ....does there look like much potential Vad?
[10:18] {esemde} bstop at .10
[10:18] {esemde} how far will it move ?
[10:18] {Threei} pretty much depends on whether it gets attention which is always a coin toss
[10:18] {pita} ABK?
[10:19] {esemde} that "don't Play penny Stocks"
[10:19] {Threei} if does, it can easily turn into a serious runner
[10:19] {dino} sm l cedc .00
[10:19] {magoo} wait aaspl .12
[10:19] {esemde} think I will keep this on the Radar
[10:19] {Threei} no clear read on ABK here
[10:20] {magoo} out + something big
[10:20] {Threei} wtg
[10:21] {magoo} [10:07] {magoo} back in .23
[10:21] {dino} gj
[10:21] {magoo} i say it almost everyday...i trading 300-500 shares and max loss bux
[10:22] {magoo} enough room to avoid rinse...but if goes bad get out .....we can "catch next wave...vadism"
[10:23] {dino} ditto
[10:23] {Threei} VRNM
[10:23] {Threei} almost there
[10:23] {Threei} there without almost now
[10:23] {magoo} max loss 200 bux ..missed the number there..sigh
[10:24] {magoo} still in rimm call
[10:24] {magoo} got .40=
[10:25] {magoo} waiting .56
[10:25] {Threei} FRE no worky
[10:26] {Threei} VRNM starting to look serious
[10:27] {magoo} out rimm here
[10:27] {esemde} indeed
[10:27] {Threei} I think ese got a runner spotted
[10:27] {magoo} [10:15] {magoo} l rimm .90
[10:27] {esemde} how would you buy it ...in size 2 lots...3 lots??
[10:29] {Threei} pretty much personal management... for me, 1 lot on original breakout with possible adding on the next one if looks accumulated
[10:29] {Threei} oil inventories soon
[10:29] {dino} cedc out .40, +.40
[10:29] {dino} pcln going to test lod
[10:32] {Threei} API INVENTORY REPORT: CRUDE: -2.55M, DISTILLATE +3.1M, GASOLINE: -1.8M
[10:32] {Threei} - note: released 5 mins early, ahead of the DOE data{USO}
[10:35] {Threei} *DOE CRUDE: +1.6M V -100KE;
[10:35] {Threei} GASOLINE: -4.3M V -1.4ME; DISTILLATES: +2.8M V +2ME;
[10:35] {Threei} what was that all about?
[10:36] {Roman} 21 UAUA?
[10:36] {Roman} 21 vad
[10:36] {Threei} not here
[10:36] {Threei} had to react quickly around .50 when oil started tanking
[10:37] {Threei} I didn't even bother to type, happened too fast
[10:37] {Threei} VNRM
[10:37] {Threei} UPDATE: BROADPOINT CAPITAL RAISED VRNM TO BUY FROM NEUTRAL
[10:37] {Threei} - likely pre-open
[10:37] {Threei} VRNM, sorry
[10:38] {Threei} IRAN NOTES THAT THE OIL MARKET IS CURRENTLY SATURATED, BUT FORECASTS WINTER DEMAND TO DRAW DOWN SURPLUS IN Q2
[10:38] {Threei} {USO}
[10:45] {esemde} long GLBL
[10:46] {esemde} .78
[10:47] {peterg} .80
[10:48] {esemde} stop .70 full lot
[10:53] {esemde} good...shallow pullback...now up to 9.00......ya^%$##%
[10:55] {esemde} opps...please excuse the language...\
[11:00] {dino} .last try mflx sm l .00, stop .64
[11:01] {peterg} out GLBL even to remove jinx for ese
[11:02] {esemde} see ya peter......good luck with it ...i may be outta here also
[11:02] {esemde} go dino go!!!
[11:03] {esemde} hmmm read that wrong...thought jinx was stock symbol...
[11:06] {dino} lol
[11:06] {Threei} hehe
[11:06] {dino} tick tock,,, times' wasting, tee off in 1 hour
[11:06] {dino} c'mon mflx
[11:07] {esemde} someone givre me a quote on GLBL...my quotes have stopped
[11:07] {Threei} 8.80
[11:07] {esemde} tks
[11:07] {esemde} whats goin on??
[11:07] {dino} ?
[11:07] {esemde} no quotes from Questrade....
[11:08] {lars} Cisco's chambers sure knocked down emc
[11:08] {fernp} nor quotes from realtick
[11:08] {dino} what do you need?
[11:09] {fernp} esignal working. Thakns dino
[11:09] {dino} np
[11:10] {esemde} GLBL?
[11:10] {Threei} 8.78 x .79
[11:10] {esemde} tks...
[11:13] {Threei} USO new low
[11:14] {Threei} 95.50 -95.40 area if broken, should launch panic selling USO
[11:14] {Threei} and send UAUA back t0 10 at least
[11:15] {esemde} GLBL...i'm still down
[11:15] {pita} later all, day job calls again.......
[11:15] {Threei} take care pita
[11:15] {dino} later
[11:15] {Threei} ese, .79 x.80
[11:15] {esemde} pita
[11:15] {esemde} tks
[11:16] {esemde} gonna restart computor
[11:17] {dino} you need to feed the hampsters
[11:17] {Threei} USO testing time and again
[11:17] {lars} you long rimm magoo?
[11:18] {dino} he's sidtracked
[11:18] {dino} dk
[11:19] {lars} up 2 bucks in 10 min and still going
[11:19] {dino} nice, you get it?
[11:20] {lars} since 122.3
[11:20] {Threei} wow
[11:20] {Threei} wtg
[11:20] {hawkfan4} nice
[11:20] {lars} very small shares though... still learning here
[11:21] {dino} gj
[11:21] {Threei} come on USO
[11:21] {Threei} die
[11:21] {Threei} under .40 now
[11:24] {esemde} am back and out of GLBL .80 +.02
[11:25] {Threei} UAUA like clockwork
[11:25] {esemde} must be the salt water......too many weird things happening with the net over here ...
[11:25] {Threei} 10 on the table
[11:25] {Threei} thank you USO
[11:26] {Threei} anyone played UAUA off this?
[11:26] {hawkfan4} you bet
[11:27] {Threei} :)
[11:27] {Threei} under 95 now
[11:27] {Threei} [11:14] {Threei} 95.50 -95.40 area if broken, should launch panic selling USO
[11:28] {Threei} if that's not a thing of beauty
[11:28] {hawkfan4} amazing, truly, nice call
[11:28] {Threei} and look how well this found correlation with UAUA contnues making us money day after day
[11:28] {Threei} until one day it stops
[11:29] {Threei} but ehnjoy the ride while it's there
[11:29] {lars} out half uaua .36
[11:30] {Threei} bounce time USO
[11:30] {Threei} (unfortunately)
[11:30] {lars} out all uaua
[11:30] {Threei} from?
[11:31] {lars} 10 t0 .41
[11:31] {hawkfan4} me too, .85 avg, big
[11:31] {dino} pcln l sm .50
[11:31] {Threei} that does it
06[11:31] * Threei slaps hawkfan4 around a bit with a large trout
[11:31] {lars} thx vad for the alert!
06[11:31] * Threei slaps lars around a bit with a large trout
[11:31] {lars} lol
[11:31] {Threei} oh, and you are welcome
[11:31] {hawkfan4} :)
[11:34] {dino} mflx stop to b/e
[11:34] {Threei} making good calls opens an opportunity to slap people, I doscovered... bodes so well to my violent nature
[11:35] {Threei} I mean kicking stocks is nice
[11:35] {Threei} but it's still not the same
[11:35] {dino} out mflx reverse slip .07, +.07
[11:37] {lars} I hope you slap me around a lot then!
[11:38] {Threei} UAUA goes up without oil help now
[11:44] {magoo} amazing how it never fails
[11:44] {magoo} i sit and push harder trades in m morn
[11:44] {magoo} then someone comes in office and easy EASY rimm aapl monster moves which i miss
[11:45] {Threei} DAL REPORTEDLY RECEIVES EU APPROVAL TO ACQUIRE NWA
[11:45] {Threei} {DAL}
[11:51] {dino} ok, gotta hop, take care all
[11:52] {fernp} bye dino
[11:52] {hawkfan4} cya dino
[11:53] {dino} :)
[11:54] {lars} cya dino
[11:54] {Threei} take care dino
[11:55] {dino} will do
[11:56] {lars} out half glbl ese... hope it runs some more:)
[11:57] {dino} ok, seriously have to go, cut pcln .24 -.26, badddddd entry
[12:19] {Threei} guys, article well worth 5 minutes of your time
[12:19] {Threei} http://www.economist.com/science/displaystory.cfm?story_id=11579107
[12:21] {Threei} USO reversal back down is likely here
[12:22] {Threei} UAUA like clockwork
[12:24] {Threei} USO right on cue... who can I slap for this call?
[12:25] {hawkfan4} in .41
[12:25] {Threei} fess up, who benefitted?
[12:25] {Threei} ahha
06[12:25] * Threei slaps hawkfan4 around a bit with a large trout
[12:25] {hawkfan4} :)
[12:25] {peterg} so, the endowment effect causes us to value what we possess. out postions more than we would otherwise.
[12:25] {Threei} IMO, scalping time
[12:26] {Threei} exactly peter, which explains emotional attachment to stocks we have p;osition in
[12:26] {peterg} brief summary of very good article
[12:26] {Threei} distorting the read
[12:26] {peterg} exactly
[12:26] {Threei} go to any message board devoted to specific stocks, you'll see fanboys
[12:27] {Threei} people that manage to cheer bad news, badder news and baddest news
[12:27] {Threei} I actually witnessed once a group of fans cheering company announcement of volutary delisting!
[12:27] {hawkfan4} out .56. good idea on scalping time
[12:28] {Threei} believe it or not, it actually happened
[12:28] {peterg} our hero Jesse Livermore, always made mistakes when he listened to fanboys and bought the package.
[12:32] {Threei} noticed?
[12:32] {Threei} professional traders can, and do, overcome the effect
[12:33] {Threei} good exit hawk
[12:33] {Threei} who needs to see whole profit evaporating
[12:34] {hawkfan4} absolutely, something i'm working on with all my trades.
[12:48] {Threei} ABK approaches high
[12:57] {Threei} is it time VRNM?
[13:00] {Threei} out first lot .28
[13:03] {hawkfan4} where u in from vad?
[13:03] {Threei} 3.10, 3.01 and 3.20
[13:03] {hawkfan4} ok, thanks. .05 here
[13:13] {hawkfan4} 1/2 out .34
[13:13] {Threei} OK, I am getting tired of slapping hawk... anyone else makes profits???
[13:14] {Threei} great... now no one will confess
06[13:15] * Threei slaps laserdave1 around a bit with a large trout
[13:15] {patience} vad, my optimum trading conditions don't exist right now. cash is in the account. won't be long before it is back to volatile times.
[13:16] {Threei} I guess
[13:16] {Threei} but I wouldn't have slapped you anyway
06[13:16] * Chaeron slaps laserdave1 around a bit with a large trout
06[13:16] * magoo slaps laserdave1 around a bit with a large trout
06[13:16] * magoo slaps patience around a bit with a large trout
[13:19] {patience} hardest part of trading for me is not entering a trade out of boredom
[13:19] {Threei} that's because you are fighting sleep
[13:20] {Threei} I am not, I let myself fall asleep freely, and it makes irt easy not to enter anything
[13:20] {hawkfan4} lol, i need to try that
[13:21] {Threei} it aslso adds some vaguenes to my comments (it's hard to be crystal clear when you type in your sleep),
[13:22] {Threei} and such vagueness works to reinforce guru status
[13:22] {Threei} you know... lik Oracle who always gave quite confusing answers
[13:22] {Threei} and waas deeply respected for that
[13:23] {hawkfan4} :) that's where the vadisms come from eh?
[13:23] {Threei} no, those actually have different source
[13:23] {Threei} they are born when I really try to say somewthing meaningful,
[13:23] {Threei} however lack of proper Englush vocabulary makes my sentences very brif
[13:23] {Threei} thus very concise
[13:24] {Threei} so, it all comes from certain lackings
[13:24] {Threei} I just pretend it's all done intentionally
[13:25] {Threei} thus turning it to my advantage when pretend successfully
[13:25] {hawkfan4} lol
[13:26] {Threei} gosh.... all this stuff goes in room logs open forpublic
[13:55] {Threei} watching UAUA for bounce
[14:02] {magoo} u in yet?
[14:02] {Threei} and out
[14:02] {magoo} that does ittttttttttttttttttttttttttttttttttttttttttttttttt
[14:02] {lars} is it too late?
06[14:02] * magoo slaps Threei around a bit with a large trout
[14:02] {Threei} not even a trade... pure reflex
[14:03] {magoo} aapl nbounce here
[14:03] {magoo} l .12
[14:06] {magoo} out here .49
[14:06] {magoo} +.37???
[14:07] {lars} nice call magoo :)
[14:07] {Threei} :)
[14:07] {magoo} just lucky
[14:08] {magoo} i had rough day...up 250....down 1100...up 700 now
[14:09] {patience} holy doodles magoo....you need a trip to the beer fridge
[14:11] {lars} glad i didnt chase uaua
[14:12] {Threei} scalping time, nothing is for chasing
[14:16] {magoo} i like aapl to go to day higfh
06[14:21] * magoo slaps Threei around a bit with a large trout
06[14:21] * magoo slaps Threei around a bit with a large trout
06[14:21] * magoo slaps Threei around a bit with a large trout
[14:21] {Threei} sigh
[14:21] {lars} i need to figure out how to slap somebody
[14:22] {magoo} oh..oops..i thought i read u said its slapping time..u said scalping
[14:22] {lars} lol
[14:22] {Threei} easy lars
[14:22] {lars} : )
[14:22] {Threei} point your cursor at magoo
[14:22] {fernp} lol
[14:22] {Threei} highlight magoo
[14:22] {Threei} right click
06[14:22] * lars slaps magoo around a bit with a large trout
[14:22] {Threei} (remaining on magoo)
[14:22] {Threei} there
[14:23] {Chaeron} by George, direct hit!
[14:23] {magoo} sigh
[14:23] {lars} that fealt pretty good lol
[14:23] {lars} or felt?
[14:23] {Threei} either will do
[14:24] {Threei} getting a taste of violence and bad typing?
[14:24] {Threei} you are a trader
[14:27] {lars} out aapl +.31
[14:27] {magoo} l rimm .71
[14:27] {magoo} just a slap...er um scalp
[14:27] {lars} nice call magoo
[14:28] {lars} have to head to san diego cya all later
[14:28] {Threei} take care lasr
[14:28] {magoo} bye lars
[14:29] {lars} other day job : )
[14:34] {magoo} ewaiting .94 rimm
[14:35] {hawkfan4} ABK new high
[14:35] {magoo} out aapl .58
[14:35] {magoo} 165 comith but it will breathe
06[14:36] * magoo slaps laserdave1 around a bit with a large trout
06[14:36] * magoo slaps laserdave1 around a bit with a large trout
06[14:36] * magoo slaps laserdave1 around a bit with a large trout
[14:38] {magoo} OUT .94 here
[14:50] {magoo} 14:36] {magoo} 165 comith but it will breathe
[14:50] {magoo} 14:16] {magoo} i like aapl to go to day higfh
[14:56] {magoo} vad, usual question here
[14:57] {Threei} down... but just a tad, no harsh selloff
[15:04] {hawkfan4} Vad, sorry, but you can't go on vacation. out 1/2 ABK +.68
[15:05] {Threei} OK
06[15:06] * Threei phones Royal Caribbean Line and cancels his cruise telling them hawkfan won't let him go
[15:06] {hawkfan4} thank you :)
[15:06] {Threei} oh sure
[15:08] {Threei} lord... was so busy with administrative stuff, didn't notice how my second lot of VRNM got taken out at .45
[15:09] {Threei} ese, making decent money on your own find?? :)
[15:38] {esemde} are you refering to VRNM? vad
[15:40] {esemde} didn't enter it....didn't know what to do...big lot small lot
[15:40] {esemde} ??
[15:41] {esemde} plus i'm not familiar with how peny stocks move
[15:41] {Threei} Ok
[15:41] {esemde} watched it though
[15:42] {peterg} VNRM not penny stock, 349 pennies. Still penny?
[15:42] {peterg} or puny?
[15:43] {peterg} May I have permission for whining? For a moment?
[15:43] {esemde} good question....i usually will not play anything under 5.00
[15:44] {esemde} certainly....whin away...
[15:44] {peterg} In my day job, demands are up at the moment in the morning
[15:44] {Threei} [09:46] {Threei} if it can do it and nothing bad happens news/oil wise, 6 is a reasonable target
[15:44] {Threei} [09:46] {Threei} with a lot of breathing on the way of course
[15:44] {Threei} that was ABK comment
[15:44] {peterg} when things are interesting.
[15:44] {peterg} SO hard to develop feel for stox & mkt.
[15:44] {peterg} There, done with whining
[15:45] {patience} it's august peter
[15:45] {hawkfan4} a beautiful call vad
[15:46] {peterg} august is the cruellest month
[15:46] {peterg} or was it april?
[15:46] {peterg} it was april
[15:46] {patience} august is head banging month due to boredom
[15:46] {Threei} yup
[15:47] {peterg} with me it is frustration ; i cant get to boredom
[15:47] {peterg} Grea month for sharpening skills and pencilt
[15:48] {patience} i can't complain peter. i made money toay....in my investment accounts, but no trading to suit my style
[15:48] {peterg} congratulations
[15:50] {peterg} Ready for poetry reading?
[15:50] {patience} is it vad's poetry?
[15:51] {peterg} Identify author:
[15:51] {peterg} It seemed that out of battle I escaped
[15:51] {peterg} down some profound dull tunnel
[15:52] {peterg} long since scooped through granites which titanic wars had groined.
[15:52] {peterg} openng line
[15:52] {peterg} for 25 points, who wrote this?
[15:52] {patience} just a sec...checking google
[15:52] {peterg} is that alloweed?
[15:53] {patience} you're making the rules up, you tell me
[15:53] {peterg} allowed
[15:53] {patience} http://www.englishverse.com/poems/strange_meeting
[15:54] {peterg} Yes!!!!
[15:54] {peterg} author?
[15:54] {patience} are you buying me a beer?
[15:54] {peterg} yes!!
[15:54] {patience} are you our trading poet laurette?
[15:54] {peterg} for today
[15:55] {hawkfan4} gotta run, thanks vad, all, super day
[15:55] {peterg} bye hawk
[15:56] {hawkfan4} :)
[15:56] {Threei} thank you all
[15:56] {Threei} have a great evening
[15:56] {Threei} see you tomorrow
[15:57] {magoo} u too..ty all
[15:57] {peterg} tomorrow! all
[16:00] {laserdave1} mags dcc if still here
[16:00] {magoo} ok..off the golf course for magoo too
