Thursday, August 28, 2008

Aug 28 00:00:01 2008

Session Time: Thu Aug 28 00:00:01 2008

[08:43] {Threei} 08/27/08 05:45pm [SEED] Reports Q3 $0.38 (+63% y/y), R$71.5M (+7.73% y/y)
[08:55] {cosmo} SEED: .... 5.69 spike high last night
[08:56] {Threei} and CLNE nice gap... too bad didn't pull back deep enough for me to take it overnight
[08:56] {cosmo} fyi
[09:00] {GeoArb} gm
[09:01] {dino} gm all
[09:04] {Threei} Geo, dino :)
[09:05] {Threei} brian, look dcc please
[09:07] {patience} a rainy good morning RT :)
[09:07] {Onix} gm all
[09:08] {Threei} patience, onix :)
[09:17] {fernp} Good morning all
[09:19] {magoo} mornink comrades
[09:19] {Threei} fern, magoo :)
[09:20] {esemde} ladies and gentlemen.......I bring you good tidings from............ME
[09:20] {Threei} ese :)
[09:21] {esemde} morning Vad
[09:24] {dino} lol es
[09:26] {esemde} cable CHEK 6 news victoria....6 oclock news......gonna be on
[09:26] {patience} i'll watch it ese :)
[09:26] {magoo} vad, with hurricane gustav heading for oil platforms..u think possibly USO long mover today?
[09:27] {esemde} i think it's today....or is it tomorow....can't remember what Gordie Tupper said
[09:27] {magoo} as in multi points
[09:27] {esemde} the local media guy
[09:27] {Threei} everything's possible...
[09:27] {dino} not much of interest for me yet
[09:27] {Threei} Gustav is the whole idea of USO move yesterday and today
[09:28] {Threei} this is highly liquid situation, it changes with every new forecast...
[09:28] {Threei} or observation
[09:29] {Threei} so, to say anything in advance would be just a guess
[09:29] {dino} say it isn't so
[09:30] {Threei}
Long Setup:
0,3 CLNE
[09:30] {Threei} ugh
[09:30] {Threei} try to bid just above 17
[09:31] {Threei} with stop under 16.80
[09:31] {esemde} ENER...
[09:31] {Threei} my idea was to grab a pullback, not to chase CLNE after the bounce
[09:32] {Threei} it jumped off 17 faster than I could type, even without numbers
[09:32] {Threei} let's wait for new consolidation and break of 17.25 if consolidation's tight enough
[09:35] {Threei} bidding 16.95 or taking break of 17.10
[09:37] {Onix} in CLNE @ 17.01
[09:37] {Threei} good entry
[09:38] {dino} sm l ilmn .70, stop .37
[09:39] {dino} stopped, that sucked
[09:41] {GeoArb} WHATS YOUR ENTRY VAD?
[09:41] {GeoArb} oops
[09:41] {Threei} 17.25 is pre-market resistance for CLNE
[09:41] {Threei} .10 and .12 Geo
[09:41] {GeoArb} ok
[09:41] {GeoArb} my average is .11 too
[09:41] {magoo} me too .11
[09:41] {Threei} onix beat us
[09:42] {GeoArb} that was really good
[09:42] {Threei} yup
[09:42] {Threei} I missed it with all the typing
[09:42] {dino} sm l ener .41
[09:42] {dino} wide risky
[09:42] {Threei} let's break .25 CLNR
[09:42] {Threei} onix, with your entry I'd par out here
[09:43] {Onix} ty
[09:43] {Threei} brrrreak
[09:44] {Threei} half out
[09:44] {Threei} spike's a bit too sharp
[09:44] {GeoArb} i confess i was half out at 25 :)
[09:44] {GeoArb} it was 13 cents
[09:45] {GeoArb} and i wanted to bank some at res
[09:45] {Threei} makes sense
[09:46] {GeoArb} this was a beauti
[09:46] {GeoArb} cleansed yesterday for me
[09:46] {GeoArb} i am glad i stopped
[09:47] {Threei} stop to 16.95 for the balance who is still holding
[09:47] {esemde} long FMCN
[09:47] {esemde} 31.96
[09:48] {esemde} 3/4
[09:48] {Threei} CPST
[09:48] {Threei} - Originally scheduled for shipment in late September, Capstone was able to deliver this first unit earlier than planned.
[09:48] {Threei} - This first production unit is shipping to Integrated Building Technologies, the company's distributor in Italy.
[09:48] {Threei} - The system will be installed in a wastewater treatment facility in Biella, Italy, and will operate on methane gas generated from the digesters at the facility.
[09:49] {magoo} look eNER vaD AS BOUNCER
[09:49] {esemde} bugger stopped FMCN
[09:49] {GeoArb} vads a bouncer?
[09:49] {Threei} lol
[09:50] {esemde} what kinda jump down wat that....
[09:51] {GeoArb} anyone still in clne?
[09:51] {esemde} -,21
[09:51] {Threei} half here Geo
[09:51] {Onix} yes
[09:52] {GeoArb} apart from the guru and the better student :)
[09:53] {GeoArb} there is a saying my dad used to quote.....
[09:53] {GeoArb} "guru gud chela chini"
[09:53] {GeoArb} gud-} molasses (sweet)
[09:53] {GeoArb} chini -} refined sugar
[09:54] {GeoArb} oh yeah chela-} student
[09:55] {GeoArb} the reference here... being onix getting better fills now :)
[09:57] {dino} out ener .49 +1.08
[09:57] {Onix} it is so great to be doing a few things right for a change
[09:57] {Threei} even better to realize suddenly, it's not a rocket science
[09:57] {patience} very nice dino
[09:58] {Threei} wtg dino
[09:58] {dino} ty patience wild one
[09:58] {dino} too soon, magoo out doing me on it
[09:59] {GeoArb} sniff... no more philosophizing
[10:00] {GeoArb} CLNE a wedge?
[10:01] {Threei} trying to form it
[10:01] {dino} over my head
[10:01] {Threei} if holding .30 and breaking .50, will trail stop to under .20
[10:01] {GeoArb} i am just pleased as punch to pull .20 on one lot
[10:01] {GeoArb} TY vad flat
[10:01] {Threei} .30 is more logical but the stock is a bit volatile, gotta pad it a little wider
[10:01] {dino} celg
[10:02] {dino} gj geo
[10:04] {GeoArb} wow celg dino
[10:04] {dino} celg sm l .10
[10:04] {dino} careful
[10:05] {GeoArb} no news
[10:05] {GeoArb} hmm
[10:06] {GeoArb} looks like clnee wants up
[10:07] {magoo} oiut .09 ENER..i dunno plus couple points
[10:07] {dino} wtg magoo!
[10:07] {GeoArb} wooo
[10:07] {magoo} waiting .67 CLNE
[10:07] {GeoArb} magoo why 67?
[10:07] {dino} ener sm l .25 wild
[10:08] {GeoArb} ok got it
[10:08] {magoo} breathing area
[10:10] {GeoArb} amazing magoo
[10:10] {magoo} OUT ty boss
[10:10] {Threei} out 1/4 more ..69
[10:10] {Threei} welcome mags
[10:10] {magoo} see thats my first exit from entry
[10:10] {magoo} mnow out full..if pulls ill reload
[10:10] {GeoArb} what was entry?
[10:11] {magoo} vad,pullup my entry please
[10:11] {Threei} offering last 1/4 at 16.95
[10:11] {GeoArb} sheesh (geo puts nose to grindstone)
[10:11] {Threei} [09:41] {magoo} me too .11
[10:11] {peterg} morning; i see i have missed a lot of fun
[10:11] {magoo} TY bossasaurasrex
[10:12] {GeoArb} i reentered for the 40 to 59 move
[10:12] {Threei} 17.95 that is
[10:12] {Threei} hi peter
[10:12] {Onix} all out of CLNE @ .74 ... ty Vad!
[10:12] {GeoArb} but nothing comared to you monsteres !!!!
[10:12] {Threei} welcome sir
[10:12] {GeoArb} if done right this probably made the day !!
[10:14] {dino} celg stop to .49
[10:14] {dino} out +.39
[10:17] {Threei} stop to under .30 btw
[10:17] {GeoArb} vads a swing trader now
[10:17] {dino} out ener .65 +.40
[10:19] {esemde} oh sure now fmcn.........hmmmmmmwhat did i do wrong on that one
[10:19] {dino} thats a toughie fmcn
[10:19] {magoo} jesus..dino just brought me a beer
[10:20] {GeoArb} ?????
[10:20] {esemde} that drop down cost me- .21
[10:20] {esemde} and now it explodes
[10:20] {esemde} thats the type of thing in this business that will drive you crazy
[10:21] {dino} f' it es, all part of the game
[10:21] {esemde} yes....for sure
[10:21] {magoo} to be in this bus u must be somewhat crazy in first place
[10:21] {Threei} stop to under .40
[10:21] {esemde} definately
[10:22] {Threei} hmm
[10:22] {dino} traders expect to have losses. thats the way it is
[10:22] {Threei} TV says we had an eathaquake
[10:22] {GeoArb} wot dino?
[10:22] {Threei} did I sleep through it?
[10:22] {GeoArb} no one told me that
[10:22] {Threei} ah, too far to feel on the ground
[10:24] {dino} geo; good traders take chances w/good expectations, but they expect to lose regularly
[10:24] {GeoArb} hehehe dino
[10:24] {dino} it's not about being right, it's about trading right
[10:24] {GeoArb} was being facetious
[10:24] {dino} no joke man
[10:24] {GeoArb} ahm.... i agree
[10:25] {dino} ok
[10:25] {magoo} vad, ener news please
[10:25] {Threei} 08/28/08 07:01am
[10:25] {Threei} [ENER] Energy Conversion Devices Inc Reports Q4 $0.24 v $0.16e, R $82.4M v $77.5Me
[10:25] {Threei} -Guides Q1 Rev $95-98M v $87.9Me, Gross Margin 31%
[10:25] {Threei} -Guides FY09 Rev $445-485M v $443.1Me
[10:26] {magoo} all good to me
[10:26] {magoo} didnt hold bounce well
[10:26] {GeoArb} and it goes down......
[10:26] {judijim} good morning all
[10:26] {Threei} jj :)
[10:27] {dino} ener maybe re-test lod
[10:27] {magoo} granted..vads post is the extent of my tireless research on ENER
[10:28] {dino} sm l .40
[10:28] {GeoArb} scary spread
[10:28] {Threei} time for some violence?
[10:29] {Onix} yes!
06[10:29] * Threei kicks CLNE in the rear with force of hurricane Gustav multipled by centuries of human intelligence
[10:29] {dino} too soon
[10:31] {magoo} magoo smacks it on hread..needs pullbk FIRST to reenter
[10:31] {GeoArb} why?
[10:31] {magoo} not in
[10:31] {GeoArb} consolidation not good enuff? :)
[10:31] {magoo} want in
[10:32] {GeoArb} there
[10:35] {Threei} either adding intelligence to simple kick is a mistake, or CLNE is confused my mixed signals between me and magoo
[10:36] {Threei} {UNG}
[10:36] {Threei} we are awash in natural gas
[10:36] {Threei} and oil
[10:38] {Threei} out CLNE last portion
[10:39] {Roman}
21 UAUA?
[10:40] {Roman}
21 i am in small 10.60
[10:40] {Threei} wow
[10:40] {Threei} why that high?
[10:40] {Roman}
21 buy high sell higher
[10:41] {GeoArb} :)
[10:41] {Threei} I don't know... this thing is oil dependent, went up quite a bit
[10:41] {GeoArb} see you later guys
[10:41] {Threei} take care Geo
[10:42] {magoo} bye geo
[10:42] {Threei} and I don't see sufficient consolidation under .60 to warrant something like JBE
[10:42] {Roman}
21 take care Geo
[10:43] {Roman}
21 FRE
[10:43] {Roman}
21 lets roll
[10:44] {Threei} .26 trigger?
[10:44] {dino} cya geo
[10:44] {Roman}
21 i think so vad
[10:44] {Threei} UAUA works
[10:45] {Roman}
21 ABK on radar too
[10:45] {Threei} I would be out of it here faster than drunk sailor is out of saloon upon finding out he has no money to pay for drinks
[10:46] {Roman}
21 :)
[10:46] {Roman}
21 check STSI
[10:46] {Roman}
21 baster is moving higher
[10:48] {dino} i prefer to call it "creative accounting"
[10:51] {Roman}
21 in FRE 1/2
[11:01] {Threei} ese, did you ever get in CPSL?
[11:03] {Threei} I don't see any fresh news on STSI
[11:05] {Threei} btw... do we send a thank you card to Pickens?
[11:05] {dino} indeed
[11:06] {dino} v sm cme s .15
[11:07] {magoo} new entry area vad CLNE?
[11:07] {Threei} oh great
[11:08] {Threei} not sure yet mags
[11:09] {Threei} kind of 50/50 here
[11:10] {Threei} bounce for a scalp looks too obvious off 17
[11:10] {Threei} I suspect it's going to break down
[11:10] {Threei} shake out those who go for obvious
[11:10] {Threei} then jump back up
[11:11] {Threei} look for something like .80 - .90 range for entry
[11:11] {Threei} there you go
[11:11] {Threei} half lot
[11:11] {Threei} in
[11:11] {Threei} .80, stop under .70
[11:11] {Threei} just a scalp
[11:14] {Threei} I guess I oversat it
[11:14] {Threei} wanted a spike back over 17
[11:14] {Threei} either double bottom here or stop
[11:17] {Threei} yawn
[11:17] {Threei} do something CLNE
[11:18] {Threei} you all asleep?
[11:18] {patience} yes
[11:18] {Threei} okay
[11:18] {Threei} I'll stop talk loud
[11:19] {Threei} (whispering) how about that forecast of 17 breakdown?
[11:19] {Threei} out
[11:20] {magoo} stopped clne
[11:20] {magoo} regret my smackdwn now
[11:25] {Threei} USO is snapback time probably
[11:25] {Threei} watching UAUA for short
[11:26] {Threei} no technicals for the play, just need sharp USO green bar
[11:32] {Threei} getting ready
[11:32] {Threei} if this is double bottom for USO, UAUA should be done
[11:32] {Threei} didn't reach its previous high as USO made new low
[11:36] {Threei} no double bottom so far
[11:38] {dino} .
[11:39] {Threei} good point
[11:40] {Threei} did they cancel hurricane?
[11:40] {Threei} look how UAUA is unable to move up on USO drops anymore
[11:40] {magoo} nothing makes sense anymore
[11:41] {Threei} just need reversal on that slimy environemntally unfriendly liquid
[11:43] {Threei} ok, .75 is closest resistance UAUA for stop placement
[11:43] {Threei} short here
[11:44] {Threei} .65 in
[11:44] {Threei} gotta try it
[11:44] {Threei} shhesh... what's killing oil?
[11:44] {Threei} out UAUA
[11:45] {dino} what happened, hurricane fizzle out
[11:45] {Threei} I guess
[11:45] {Threei} all I see is
[11:45] {Threei} {USO}
[11:45] {Threei} and that's bs
[11:46] {Threei} who cares what that guy thinks
[11:47] {hawkfan4} man, i just covered my oil future short at 116.20 just b4 the giant drop. it's been that kind of week
[11:48] {Threei} that's unreadable hawk
[11:48] {Threei} don't feel bad
[11:48] {Threei} there is no way to see this coming
[11:48] {hawkfan4} i know, but the extra 4k would've been nice :) i thought it was reversing
[11:52] {Threei} what a reversal CLNE
[11:52] {Threei} why didn't we short it lol
[11:52] {Threei} just kidding... never saw clean short setup
[11:52] {Threei} other than 17 break but that was very iffy
[11:52] {dino} stopped cme -1.40 100
[11:52] {Threei} looks readable in retrospect only
[11:53] {Threei} at the moment it was much more like shakout with immediate snapback
[11:53] {esemde} L SUSQ .65 1/2 lot
[11:54] {Roman}
21 still in FRE
[11:54] {Roman}
21 len LEN
[11:54] {Roman}
21 12.68
[11:54] {Roman}
21 long LEN
[11:57] {Roman}
[11:58] {Chaeron} long ALL at .09 (teasing) Good morning everyone
[11:58] {esemde} CCCCCHHHHHH!!!!!!!!!
[11:59] {Chaeron} heya Ese :)
[12:00] {Roman}
21 out UAUA
[12:00] {Roman}
21 +.58
[12:00] {dino} gj
[12:00] {esemde} mostly burnt cautious
[12:00] {Threei} chaeron :)
[12:00] {Threei} good one Roman
[12:01] {Chaeron} Hi Threei
[12:02] {Threei} {USO}
[12:02] {dino} sm l chk .40
[12:04] {dino} cybx l .20, stop .99
[12:05] {Threei} OK, another attempt UAUA
[12:06] {Threei} .99 short with stop abpve 11.10
[12:14] {esemde} anybody else sensing that buying on pullbacks is the way to go in this market?
[12:15] {peterg} sounds right
[12:15] {Threei} very much so
[12:15] {Threei} UAUA 1:1, cover half; scalpers take profit
[12:20] {Threei} stop to above 11 for the balance
[12:22] {Roman}
21 alright housing situation is fixed....time to start flipping again......dino + magoo, would you please so kind and give me a discount on one of your seminars "flip for living" or "get rich flipping real estate" any on of the topics is fine
[12:22] {Threei} done UAUA
[12:23] {magoo} i took scalpers exit vad, ty
[12:23] {Threei} good move
[12:23] {Threei} lunch period, things lose momentum
[12:23] {Roman}
21 out FRE -.05
[12:25] {Threei} thinking of CLNE short
[12:25] {Threei} nice bounce into resistance area
[12:26] {peterg} didja:
[12:26] {peterg} ?
[12:27] {dino} lol rfr.
[12:27] {dino} but seriously, i am looking in brunswick county, nc
[12:27] {dino} condos
[12:27] {Threei} peter... I am affraid I need translation
[12:27] {peterg} short clnes?
[12:28] {peterg} clne
[12:28] {Threei} not yet
[12:28] {Threei} thought of .70 breakdown but it dropped too fast
[12:28] {dino} 11700 again dji
[12:29] {dino} 400-11700
[12:29] {dino} 400/11700=3.4%, getting close
[12:32] {dino} vad, remember my monday 11,300 call? we missed by 30 pts, now back to 11700. almost time to drop again
[12:33] {Threei} 30 points in nothing in terms of these numbers... I say you nailed it to the letter
[12:33] {dino} ty
[12:39] {esemde} Out SUSQ.....68 +,03 not goin anywhere this one
[12:40] {Threei} I guess I missed CLNE short
[12:41] {Threei} felt it was right time but precise setup just didn't present itself
[12:41] {peterg} o well--good eye
[12:41] {Threei} it may be but I better keep it open
[12:41] {peterg} :)
[12:43] {Threei} unpatriotic play
[12:44] {Threei} USO long on 93.50 break
[12:44] {Threei} if stays above 93.20
[12:51] {Threei} no follow through
[12:51] {Threei} maybe we need to preserve morning profits and stop trying to squeeze juice out of stone
[12:51] {magoo} too late
[12:52] {magoo} already neg here
[12:52] {esemde} I'll admit that i think i've been trying to do that
[12:52] {peterg} left uso +.11 tks
[12:52] {esemde} ever since i've gotten back from Ontario my trading has bee spoty at best
[12:53] {Threei} stop to .35 USO
[12:53] {esemde} was on a roll before i left but now.....hmmmmmmmm
[12:53] {patience} you know how to fix that don't you ese....
[12:53] {esemde} how
[12:53] {dino} go away again
[12:53] {patience} you need to go to vad's for shish kabob and half dozen shots of vodka with dinner
[12:53] {esemde} that would do it
[12:54] {patience} very much so
[12:54] {esemde} have to go over trades and notes etc.....
[12:54] {dino} vad would've been proud, orange stolie was flowing freely at my house saturday
[12:54] {esemde} see what the difference is
[12:55] {esemde} until then i'm gone for the day.....see tomorow
[12:55] {dino} amr s .12, stop .41
[12:55] {Threei} we are consistently profitable over last two weeks
[12:55] {Threei} boring but in the plus
[12:56] {dino} y
[12:57] {peterg} remind es to change music selection for successful trading
[12:57] {peterg} Dire Straits good today
[12:58] {dino} good choice, we are on classic buzz-alternative
[12:58] {Roman}
21 out LEN
[12:59] {Threei} Tom Waits works for me any day
[13:01] {cosmo} Tom must be a loyal employee
[13:01] {Threei} lol
[13:02] {cosmo} k...back too sleep...
[13:03] {Threei} USO dump
[13:04] {dino} lol
[13:31] {Threei} magoo
[13:31] {Threei} what is it we haven't done yet today, and without which our day is not complete?
06[13:31] * magoo slaps laserdave1 around a bit with a large trout
[13:31] {Threei} chaeron, same question goes for you too
[13:32] {Threei} magoo got it right
[13:32] {dino} chk stop to .84
[13:34] {dino} out chk .94 +.54
[13:34] {Threei} FINL worked for us yesterday... wasn't confidcent enough today to go for another break on it
[13:34] {Threei} a bit too narrow today
[13:36] {dino} celg wants double bottom imo
06[13:39] * Chaeron slaps laserdave1 around a bit with a large trout
[13:39] {magoo} there u go
[13:39] {Chaeron} sorry I was a bit late on that
[13:40] {Threei} you were so late, I already foergot what we were talking about
[13:40] {dino} celg l .11, stop lod
[13:53] {Threei} lars, look dcc please
[13:58] {dino} tighten celg doesn't feel right, to .98
[14:02] {Threei} just one day of torture left
[14:02] {Threei} then things will start picking up
[14:02] {Threei} or down
[14:03] {dino} stopped
[14:04] {Threei} polish vodka recovered a bit today dino
[14:04] {Threei} I assume on all that buying you did for your party?
[14:04] {Threei} volume is quite low though
[14:04] {Threei} maybe forming a flag for the next show to drop
[14:07] {dino} cybx fast fall
[14:08] {dino} lol
[14:09] {dino} i am 0/1 on cybx, but its taunting me
[14:10] {dino} waiting sm at .30
[14:17] {magoo} LASER, dcc when u can
[14:18] {dino} sm l .50 cybx wide
[14:28] {Threei} market needs CPR
[14:29] {dino} ?holding well
[14:29] {Threei} not moving :})
[14:29] {dino} ahh
[14:30] {dino} sort of how i feel
[14:34] {dino} wabc
[14:49] {Threei} looking at USO daily,
[14:49] {Threei} I can't imagine such harsh selloffs for something that is going to go up
[14:49] {Threei} IMO, unless something happens, this thing is bound to continue daowntrend
[14:50] {Threei} and it's hard to imagine what that "something" could be
[14:50] {Threei} Gerogia war didn't propel it,
[14:51] {Threei} neither did unrest in Pakistan,
[14:51] {Threei} hurricanes is bs, IMO
[14:52] {Threei} (as an reason for oil to go up that is)
[14:52] {dino} well today it was bs
[14:55] {magoo} vad, power upward into bell iyo?
[14:56] {Threei} truly no idea
[14:56] {Threei} Zoom Airlines sincerely regrets to advise its customers that it has suspended operations with effect from 18:00 UTC on Thursday 28 August.
[14:56] {Threei} All flights scheduled to depart from have been cancelled and Zoom's aircraft have been grounded.
[14:56] {Threei} another one bites the dust
[14:58] {Threei} I mean, it's just a lame excuse, dino... hurricanes were there always
[14:58] {Threei} oil never reacted on them really until this whole price runup started
[14:59] {dino} i agree
[14:59] {dino} and today not acting on them either
[14:59] {fernp} TSN is a valid dbi, Vad?
[15:00] {Threei} chart's right, just a bit narrow
[15:00] {fernp} ty
[15:11] {fernp} out TSN +.11
[15:11] {Threei} good one
[15:11] {fernp} :)
[15:19] {fernp} see you all tomorrow.
[15:20] {Threei} take care fern
[15:20] {dino} cya fernp
[15:35] {Threei}
Short Setup:
0,4 CLNE .50 breakdown if stays below .65
[15:35] {dino} cov amr .04 +.07
[15:35] {dino} 08
[15:37] {dino} ok gotta hop, baseball game. out cybx .40 -.10 lousy entry
[15:37] {Threei} take care dino
[15:44] {Threei} - Reiterates he believes its likely a hostile takeover will occur
[15:48] {Threei} CLNE invalidated
[15:50] {Threei} 19 US companies are banned from food suppied to Russia for 'safety reasons"
[15:53] {peterg} bye guys cu you tmo
[15:54] {Threei} Ok guys
[15:54] {Threei} than k you all
[15:54] {Threei} have a good evening, see you tomorrow