Friday, August 8, 2008

Aug 08 2008

ATTENTION: if you subscribe for a trial during the week Aug 11-15, it will be granted for the next week starting August 18. Vad is away for vacation and will be back in the room on that date.

Session Time: Fri Aug 08 00:00:00 2008
[08:30] {Threei} Q2 PRELIMINARY NONFARM PRODUCTIVITY: 2.2% V 2.5%E; UNIT LABOR COSTS: % V 1.4%E
[08:30] {Threei} - Prior Nonfarm Productivity revised from 2.6% to %
[08:30] {Threei} - Prior Unit Labor Costs revised from 2.2% to %
[08:30] {Threei} UNIT LABOR COSTS: 1.3% V 1.4%E
[08:36] {Threei} GEORGIAN FOREIGN MINISTER: GEORGIA IS SEEKING HELP TO HALT THE RUSSIAN AGRESSION
[08:38] {cosmo} god help them...
[08:38] {Threei} sigh
[08:38] {cosmo} us too....
[08:42] {cosmo} rasing the global conciousness in 'fits and starts'...when will there be enough..
[08:42] {cosmo} but... no matter...
[08:45] {cosmo} UAUA active
[08:46] {Threei} as USO loses 95 support
[08:46] {cosmo} ic
[08:49] {Threei} we have some support at 94.40 - .50
[08:49] {Threei} if lost, could fuel new momo to downside
[08:50] {hawkfan4} good morning
[08:50] {Threei} hawk :)
[08:51] {Threei} testing
[08:52] {hawkfan4} in case i have to leave early, have a great vacation vad
[08:52] {Threei} thank you :)
[08:52] {cosmo} vacation?
[08:52] {cosmo} this IS vacation... i thot
[08:52] {Threei} lol
[08:52] {hawkfan4} :)
[08:53] {cosmo} where too this time?
[08:53] {Threei} Alaska
[08:55] {cosmo} watch the melting chunks of ice fall?
[08:55] {Threei} I guess... I'll report
[08:55] {cosmo} pics, real time maybe?
[08:56] {Threei} pics yes
[08:56] {Threei} real time no
[08:56] {cosmo} k
[08:56] {Threei} vacation is vacation... no internet, no market, no news
[08:57] {judijim} good morning Vad as you prepare for vacation
[08:57] {cosmo} vacation is where i hang my hat...
[08:57] {Threei} good morning jj :)
[09:01] {pita} good morning all
[09:02] {Threei} pita :)
[09:10] {Threei} watching CNN?
[09:11] {cosmo} geez...can't they wait for the olympics first?
[09:15] {dino} gm all
[09:15] {Threei} dino :)
[09:16] {magoo} morni g..yes..if i miss u vad have a great vaca
[09:16] {Threei} ty mags
[09:16] {dino} vad, you will eat lots, drink more, and see some pretty neat sites. enjoy!
[09:17] {Threei} thank you, I am sure I will :)
[09:17] {dino} what cruise line btw, i was on princess
[09:17] {Threei} Royal Caribbean
[09:17] {Threei} Serenade of the Sea
[09:18] {dptl} good morning all
[09:18] {Threei} dp :)
[09:18] {cosmo} hope they dont use sirens
[09:18] {Threei} dp, see russian news?
[09:19] {dptl} about what?
[09:19] {Threei} invading Georgia
[09:20] {dptl} heard something yesterday about it
[09:21] {Threei} full blown... bombing, planes being shot down, tanks rolling
[09:21] {dino} are you serious?
[09:21] {Threei} yes
[09:21] {dino} why is it not on the news?
[09:21] {Threei} it is
[09:21] {Threei} CNN run extensive coverage just a few min ago
[09:23] {Threei} [08:36] {Threei} GEORGIAN FOREIGN MINISTER: GEORGIA IS SEEKING HELP TO HALT THE RUSSIAN AGRESSION
[09:24] {dino} ok, ty
[09:26] {Threei} FNM beaten down nicely
[09:26] {Threei} on CNN again now
[09:27] {Threei} after this overactive bladder ad
[09:27] {cosmo} brb
[09:27] {Raven} 3 rofl
[09:27] {Threei} lol
[09:27] {Raven} 3 have a great vacation 3i :)
[09:27] {Threei} ty Raven :)
[09:28] {Raven} 3 what is final destination in AK ?
[09:28] {Threei} roundtrip
[09:28] {Threei} no final destination :)
[09:29] {Threei} Jauneau, Skagway, Icy Point
[09:29] {Raven} 3 I mean the north most point of departure
[09:29] {Raven} 3 OK ... lower part of state
[09:29] {Threei} whichever of the three aabove is farther North :)
[09:30] {Threei} see images on CNN, tanks rolling in
[09:31] {cosmo} tanks a lot
[09:31] {Raven} 3 lol
[09:31] {Threei} FNM
[09:31] {Threei} .41 long
[09:31] {Threei} if holding above .20
[09:32] {Threei} not likely to hold
[09:33] {Threei} but if does I'll be imressed
[09:34] {Threei} lost it
[09:37] {Threei} smething propped FRE to green
[09:37] {Threei} no news
[09:39] {cosmo} ASML
[09:39] {cosmo} testing hod
[09:40] {dino} v sm wide pcln l .60
[09:40] {cosmo} 23.22
[09:40] {esemde} morning...
[09:40] {Threei} ese :)
[09:45] {dino} risky v sm cme l 0.01
[09:46] {esemde} long 46.64 1/2 lot
[09:46] {esemde} CNQR that is
[09:47] {dino} sohu sm l .00
[09:48] {Threei} PREVIEW: JUN WHOLESALE INVENTORIES DUE OUT AT 10AMET
[09:48] {Threei} **consensus expectation: +0.6%e v +0.8% prior
[09:49] {esemde} stopped CNQR .47
[09:49] {Threei} wow USO
[09:50] {esemde} thats talking a dump....
[09:50] {dino} rally
[09:51] {dino} oih blood
[09:52] {dino} march area
[09:53] {Threei} beautiful drop USO
[09:54] {dino} out cme 333.21, +3.20
[09:54] {Threei} wtg
[09:54] {dino} ty
[09:55] {esemde} oh sure CNQR????
[09:56] {Threei} these sudden oil moves cause this ese
[09:57] {esemde} i'll say
[09:57] {Threei} on USO daily there is no floor down to 90
[09:58] {Threei} wholesale numbers in 2 min
[10:00] {Threei} JUNE WHOLESALE INVENTORIES: 1.1% V 0.6%E
[10:01] {dino} out sohu .70, +.70
[10:02] {dino} c'mon
[10:04] {esemde} NUAN
[10:04] {esemde} just missed it
[10:05] {hawkfan4} nice dino :)
[10:05] {dino} ty hawk
[10:08] {esemde} l NVLS 21}97
[10:09] {esemde} 1/2
[10:13] {dino} pcln stop to .48
[10:13] {dino} out pcln .75, +1.15
[10:13] {Roman} 21 wow
[10:14] {dino} :)
[10:16] {esemde} out NVLS 22.21
[10:16] {esemde} +.24
[10:17] {Threei} good trading guys
[10:17] {dino} slowing down, best week since june. vacation was good for me
[10:18] {Threei} watching OIH for short
[10:18] {Threei} want USO to reverse back down for indication
[10:18] {Threei} wtg dino, amazing job
[10:18] {dino} back to basics, no thinking
[10:18] {Roman} 21 wow
[10:18] {Roman} 21 no thinking - love it
[10:19] {dino} lol
[10:19] {Roman} 21 i want to grow up and be like you
[10:19] {Roman} 21 wow
[10:19] {Threei} GEORGIAN ENVOY: GEORGIA HAS AGREED TO 'CEASE FIRE' WITH OSSETIA SEPARATISTS, REQUESTS CONSULT WITH UN SECURITY COUNCIL
[10:19] {dino} good
[10:24] {Threei} in OIH short, stop .25
[10:24] {dino} ctrn sm l .50
[10:24] {Roman} 21 innnnnnnnnnnn
[10:24] {Threei} wow
[10:24] {Threei} stopped
[10:25] {Threei} too volatile
[10:32] {dino} cedc blood
[10:32] {dino} fast
[10:32] {esemde} l ESRX 70.84
[10:34] {dino} waiting v sm .26 cedc
[10:36] {dino} giddy up
[10:40] {esemde} out ESRX 60
[10:40] {esemde} -.24
[10:41] {Threei} AKAM .59 short if stays under .70
[10:44] {dino} rock rockin'
[10:46] {dino} cedc stop to .65
[10:48] {dino} out mean slip. .56, +.30
[10:48] {magoo} vad, news BIDU??
[10:49] {Threei} nope
[10:50] {magoo} weird..big up day it usually up big
[10:51] {dino} china down
[10:52] {Threei} no worky AKAM
[10:58] {Threei} CIEN
[10:58] {Threei} watching for bounce scalp, as close to .10 as it gets
[10:59] {Threei} sel,ing down, watch NQ for upticks before entry
[11:00] {Threei} first strength from here
[11:01] {dino} cedc l .00 sm
[11:03] {Threei} .11 trigger
[11:06] {Threei} if NQ turns up will try aggressive entry
06[11:07] * Threei slaps laserdave1 around a bit with a large trout
[11:09] {Threei} ELN .67 short
[11:09] {Threei} if stays under .75
[11:12] {Threei} (RU) GEORGIAN PM: RUSSIAN PLANES HAVE BOMBED A SECOND BASE IN GEORGIA
[11:13] {Threei} seems I can't trade 25 cents for a phone call today
[11:14] {magoo} because everyone has personnal phones noew
[11:15] {dino} ctrn stopped .24, -.26
[11:15] {cosmo} not me..
[11:15] {cosmo} i will not be asssimilated
[11:16] {dino} resistance is futile
[11:16] {Raven} 3 me too cosmo
[11:16] {cosmo} i do dread the thot of having to find a pay phone tho
[11:16] {Raven} 3 just don't call
[11:17] {cosmo} that's been my fall back, r
[11:17] {Raven} 3 yes
[11:19] {Threei} OK... in CIEN, stop .94
[11:19] {magoo} long rimm .75
[11:19] {magoo} going over
[11:29] {magoo} to reiterate my calls..do not lose more than 200 bux ..so size according
[11:34] {magoo} out .05 +.30
[11:35] {Threei} wtg
[11:35] {magoo} not as easy as i l,ike
[11:35] {magoo} 300-500 shares so avoid the rinse of this crazy ass mkt
[11:36] {magoo} imo..vad u leaving at good time
[11:37] {Threei} I knew it when picked time for being away
[11:37] {cosmo} ABAT hod = 4.64 fwiw
[11:37] {magoo} yeah.........i wish i could take a vaca someday
[11:38] {cosmo} it all in the head, magoo
[11:38] {magoo} if IF i do.i going visit laserdave
[11:38] {cosmo} its
[11:38] {magoo} drinks sum beers with my bud
[11:38] {cosmo} ah...bud
[11:38] {laserdave1} mags dcc please
[11:39] {magoo} SHIT
[11:40] {Threei} no symbol found
[11:41] {lars} Super High Intensity Training
[11:41] {hawkfan4} lol, good save lars
[11:42] {lars} :)
[11:42] {Threei} I'll need 5 more minutes to compare all the capital letters to abbreviation
[11:42] {Threei} my thinking processes slowed down to crawl
[11:44] {Threei} OK, all 3 letters match... good one lars
[11:44] {dino} so has this market
[11:47] {Threei} 4th letter matches too
[11:47] {Threei} excellent job lars
[11:48] {lars} :) good for a chuckle anyway
[11:48] {dino} fsys
[11:52] {lars} is cien gonna break or should i be out now?
[11:52] {Threei} where are you in?
[11:52] {lars} .02
[11:53] {magoo} sheesh..i forgot i was in CIEN
[11:53] {magoo} no kidding
[11:53] {Threei} lol
[11:53] {dino} tpgi
[11:53] {dino} bad prints
[11:53] {Threei} I tried to offer it at .18, never got hit
[11:53] {Threei} but it's holding well
[11:53] {Threei} unless market sharply reverses down, it still has a chance for more
[11:54] {lars} just makin sure ... thx vad
[11:54] {Threei} choice is to take small garantted 1:1, vs holding for 1:2 and trailing stop to under 17
[11:54] {Threei} so risk is ridiculously small
[11:54] {Threei} and all you risk is to lose this current profit
[11:55] {Threei} so decide how much you need it vs how much you want to double it
[11:55] {lars} 1:2 would be .18?
[11:56] {Threei} somwhere there, yeah
[11:56] {lars} understood
[11:56] {Threei} I can't gather enough brain power to calculate precisely
[11:56] {Threei} besides, I am not good at math
[11:56] {lars} lol... too much training
[11:56] {Threei} there are three kinds of people
[11:56] {Threei} one who can count and one who can't
[11:57] {lars} ok ill bite... 3rd?
[11:57] {Threei} no 3rd
[11:57] {Threei} that's whole joke... it's being said by one who belongs to 2nd kind
[11:57] {lars} lol good one
[11:57] {Threei} but niow it's not funny
[11:58] {Threei} actually... it wasn't that funny to begin with :)
[11:58] {Chaeron} and on that note.... Good morning all
[11:58] {Threei} Chaeron :)
[12:18] {Threei} out CIEN
[12:18] {Threei} even blind squirell...
[12:19] {magoo} sheesh..i orgot it again working here
[12:19] {Threei} lol
[12:19] {magoo} what u take?
[12:19] {lars} out cien +.22 :)
[12:19] {Threei} .21
[12:19] {magoo} i really am the blind squirrel on this trade
[12:21] {magoo} offering .26
[12:26] {dino} v sm fsys s .15
[12:33] {Threei} magoo... wake up and find out if you have sold
[12:33] {magoo} got ,26 TY vad lol
[12:33] {Threei} who knows, you may have forgotten actually click sell
[12:33] {Threei} :)
[12:33] {lars} lol nj magoo
[12:40] {magoo} i guess lars..total incompetant..i bought it..never looked again until u mentioned it..then put sell and fotrgot it again
[12:40] {Threei} \tsk tsk tsk
[12:40] {magoo} i was practicing my typing class
[12:40] {Threei} buying without deep fundamental reserach... how could you
[12:40] {Threei} appaling
[12:40] {lars} cus your makin so much on your other trades
[12:42] {lars} +.09 with fsys ... had more ... ill take it though
06[12:45] * Threei slaps laserdave1 around a bit with a large trout
06[12:45] * Chaeron slaps laserdave1 around a bit with a large trout
[12:45] {Threei} look your dcc, will ya
[12:46] {laserdave1} sorry guys not impressed
[12:46] {laserdave1} tthat is so lateeeeee
06[12:46] * magoo slaps laserdave1 around a bit with a large trout
[12:46] {Threei} late??
[12:46] {dino} lars tough one fsys
[12:46] {laserdave1} yuppers
[12:47] {Threei} [11:07] -RealityTrader.chat.server- *** Notice -- Client connecting on port 7044: laserdave1 (RealityTra@XXXXX.vn.shawcable.net)
[12:47] {Threei} [11:07] * Threei slaps laserdave1 around a bit with a large trout
[12:47] {laserdave1} u cant trick us
[12:47] {laserdave1} thats saved from an old day
06[12:47] * magoo slaps Threei around a bit with a large trout
[12:47] {Threei} nope
[12:47] {Threei} from today
06[12:47] * magoo slaps Threei around a bit with a large trout
06[12:48] * magoo slaps Threei around a bit with a large trout
[12:48] {Threei} hmmm
06[12:48] * magoo slaps Threei around a bit with a large trout
06[12:48] * magoo slaps Threei around a bit with a large trout
06[12:48] * magoo slaps Threei around a bit with a large trout
[12:48] {Threei} magoo's stuck
[12:48] {magoo} 1 for each day u out
[12:48] {Threei} oh
[12:48] {Threei} lol
06[12:48] * laserdave1 slaps Threei around a bit with a large trout
06[12:48] * laserdave1 slaps Threei around a bit with a large trout
06[12:48] * laserdave1 slaps Threei around a bit with a large trout
06[12:48] * laserdave1 slaps Threei around a bit with a large trout
06[12:48] * laserdave1 slaps Threei around a bit with a large trout
[12:48] {laserdave1} magoo u are so smart
[12:48] {magoo} NICEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
[12:49] {lars} keep em coming dino... your ave. is pretty good :)
[12:50] {dino} above today
[12:50] {dino} can't get out of fsys, jumps 20 cents
[12:50] {dino} sitting at .55, but.....
[12:51] {Threei} anyone has a feeling USO another dump is in the making?
[12:51] {hawkfan4} yes
[12:52] {dino} magoo maybe
[12:52] {Threei} yours doesn't count hawk
[12:52] {Threei} you are emotionally involved with USO, just as aI am
[12:52] {Threei} easy to take wishful thinking for the real read :)
[12:53] {hawkfan4} :) true
[12:54] {dino} out +.60 fsys and then it collapses
[12:54] {dino} wishful thinking, i was simply stating magoo will take a dump today
[12:55] {hawkfan4} lol
[12:55] {dino} :)
[12:55] {dino} lars, cedc thoughts?
[12:55] {Threei} amount of information flowing today is incredible {G}
[12:56] {Threei} and don't even think of using word "flowing" in that context again
[12:57] {dino} reminds me of "fat bastard" in the austin powers movie
[12:57] {lars} I was gonna ask you about cedc... i didnt play it
[12:58] {dino} 1/2 on it
[13:13] {dino} brb
[13:19] {dino} fsys again?
[13:20] {dino} .25ish held last time
[13:21] {lars} are you in or holding for .15?
[13:23] {dino} not in want to see what it does around .25
[13:23] {lars} cedc dropping
[13:24] {dino} watching it too
[13:26] {dino} the problem i'm having, is it's a summer friday afternoon. not sure i want to blow a good day
[13:27] {Threei} in UAUA
[13:27] {Threei} 5 cents stop
[13:28] {magoo} entry?
[13:28] {Threei} .60
[13:28] {magoo} in
[13:28] {Threei} don't forget you bought it
[13:28] {magoo} back to sleeop
[13:28] {lars} .60 here
[13:29] {Threei} USO behaves
[13:30] {Threei} now lose 93.50 and die
[13:34] {magoo} l aapl here .30
[13:36] {Threei} that's abit too much of a bounce, USO
[13:36] {Threei} which part of "die" don't you understand
[13:37] {magoo} out flat
[13:37] {magoo} no like naz red bars
[13:40] {magoo} l rimm now ,30
[13:41] {magoo} out rimm .55
[13:42] {magoo} easy button
[13:48] {magoo} its time of day for pullbk
[13:48] {magoo} not saying it will..mkt strong
[13:49] {Threei} sigh
[13:52] {judijim} we're off for the rest of day, have a great vacation VAD
[13:52] {Threei} thank you jj, take care, see you in a week
[13:53] {magoo} by jj
[14:17] {dino} risky, sm cedc .20 l, wide
[14:20] {hawkfan4} USO finally
[14:21] {Threei} took its sweet time
[14:22] {hawkfan4} no kidding
[14:23] {dino} fear/greed cedc
[14:25] {Threei} care to lose 93 now USO?
[14:31] {dino} hod
[14:36] {lars} finally uaua
[14:36] {Threei} [14:21] {Threei} took its sweet time
[14:36] {Threei} I am too lazt to type new answer
[14:36] {Threei} lazy
[14:36] {Threei} copy/pasting old one
[14:36] {lars} out half +.23
[14:37] {lars} see if it can break 11 :)
[14:37] {Threei} uh oh
[14:37] {Threei} LEHMAN BROTHERS: 'OIL' HAS PEAKED, WILL DECLINE IN UPCOMING Q4 AND Q1
[14:37] {Threei} {USO}
[14:37] {lars} 11 seems like resistance now
[14:37] {Threei} magoo... now you can say "shit"
[14:37] {lars} lol
[14:37] {hawkfan4} lol
[14:38] {magoo} shiiieeeytytt
[14:38] {Threei} I mean... when these guys make such calls...
[14:38] {Threei} that;'s when everything goes to hell in basket
[14:39] {hawkfan4} out 1/4 UAUA +.53, in from .46 this morning
[14:40] {lars} nice hawk wtg
[14:40] {hawkfan4} thanks :)
[14:40] {dino} gj
[14:41] {lars} vad will the room be open next week while your away?
[14:41] {Threei} sure
[14:41] {Threei} converse, share, slap
[14:41] {Threei} slap back
06[14:41] * lars slaps magoo around a bit with a large trout
[14:41] {Threei} lol
[14:41] {lars} just practicing
[14:41] {magoo} :)
[14:42] {Threei} if something happens and you can't connect, grab reserve server address from the website
[14:42] {Threei} trading room page
[14:42] {Threei} shouldn't though, it's rare occurence
[14:43] {Threei} if nothing works, call support: 1-509-684-3295 and scream bloody murder
[14:43] {Threei} tell them realitytrader room is down
[14:43] {lars} thx vad
[14:44] {Threei} tell them you have people to slap
[14:45] {lars} lol
[14:51] {Threei} 93 be gone
[14:51] {lars} lets make another run at 11
[14:53] {lars} stubborn
[14:53] {Threei} needs USO to break 93 and panic
[14:58] {Threei} absence of any decent bounce and staying so close to 93 makes it very likely to happen
[15:00] {dino} esio
[15:01] {dino} too fast
[15:01] {Threei} come on USO
[15:01] {Threei} it's time
[15:02] {Threei} now die
[15:06] {dino} fsys
[15:08] {lars} are you in dino?
[15:10] {dino} no
[15:10] {dino} waiting at 53.40
[15:11] {dino} cedc no worky stopping out
[15:12] {dino} v sm fsys s .30
[15:16] {dino} cov .70, +.60
[15:16] {lars} wtg dino
[15:16] {lars} nice call
[15:16] {dino} ty, lucky
[15:16] {dino} should not have got to me
[15:17] {dino} thatsa why i was up there
[15:18] {lars} it was at .95 when i saw your call ... held off
[15:19] {dino} gappy. i was at .40, saw .32 ask so hit .30 bid
[15:19] {dino} lucky, thats all. luck plays a big part
[15:19] {dino} now cedc comes back
[15:20] {dino} rinsed
[15:30] {esemde} made it back to watch the last couple of minutes.....went to pick up my daughter at camp
[15:30] {Threei} look at oil ese
[15:31] {esemde} uso
[15:31] {esemde} wow dow up 300
[15:32] {dino} fsys maybe again
[15:35] {Threei} new low oil... any chance for another panic bar?
[15:35] {dino} feels higher
[15:35] {dino} fsys i mean
[15:36] {Threei} W
[15:36] {Threei} O
[15:36] {Threei} W
[15:37] {hawkfan4} fly the friendly skies
[15:37] {Threei} news-like spike
[15:37] {lars} dang i missed it
[15:37] {Threei} but no news
[15:37] {lars} distracted
[15:41] {dino} i'm calling it a week all. thx
[15:41] {dino} vad you have fun
[15:41] {lars} cya dino have a great wknd
[15:42] {Threei} thank you dino
[15:42] {dino} ty lars
[15:42] {hawkfan4} cy dino, gj
[15:42] {Threei} new low again USO
[15:42] {dino} i'll hang , but done trading
[15:42] {magoo} take care vad..have fun
[15:42] {Threei} ty mags
[15:43] {lars} take care magoo
[15:43] {Threei} still looking for last scalp
[15:43] {dino} ty hawk
[15:43] {Threei} maybe UAUA pulls back, stalls, then USO drops hard
[15:46] {magoo} buying into weekend.hm
[15:46] {magoo} strong open monday
[15:47] {cosmo} olympic optimism
[15:51] {dino} hod fsys
[15:55] {dino} pcln all the way down again
[15:55] {hawkfan4} flat and outta here. great week, have a great trip vad, cya all
[15:56] {Threei} take care hawk, ty
[15:56] {Threei} thank you everyone
[15:56] {lars} cya hawk take care
[15:56] {Threei} have a great weekend and safe trading week
[15:56] {dptl} have a good weekend all
[15:56] {Threei} I'll see you all on Monday in a week
[15:56] {hawkfan4} :)
[15:56] {dino} take care hawk
[15:57] {esemde} in a week?....you takin a holiday Vad?
[15:57] {Threei} I am... and taking about it for last three weeks :})
[15:58] {esemde} good on ya.....have a great time.
[15:58] {Threei} thank you
[15:59] {dino} hmmm, 300 up, pattern says 300 down next
[16:00] {esemde} see ya'll monday
[16:02] {lars} take care all
[16:02] {lars} have a great vacation vad