Session Time: Wed Sep 24 00:00:00 2008
[08:20] {Threei} WARREN BUFFET: BETTING ON THE US GOV'T TO "DO THE RATIONAL THING" REGARDING HIS INVESTMENT IN GS - CNBC INTERVIEW
[08:20] {Threei} - Notes the Paulson plan is far from perfect, but it is necessary.
[08:20] {Threei} - Suggests financial markets were on the brink of collapse last week, believes they "couldn't take another week like that." Says last week will look like a "Nirvana" if the Government does not act. Situation remains very very dangerous says Buffett.
[08:20] {Threei} - Calls the $50B money market support package an important move.
[08:26] {magoo} morning..was booted out last half hour yesterday
[08:27] {Threei} morning
[08:27] {Threei} yeah, there was some disgusting latency
[08:35] {Threei} 09/23/08 05:00pm
[08:35] {Threei} [SQNM] Sequenom, Inc Reports more positive results for Down Syndrome test
[08:35] {Threei} - Among the data presented, Sequenom's test demonstrated complete concordance with clinical results (no false positives and no false negatives) in both first and second trimester samples (over 200 samples announced today and in excess of 400 prospective samples to-date).
[08:36] {Threei} trades over 52 week high
04[08:43] -} [magoo] PING
[08:43] {Threei} [08:43] [magoo PING reply]: 0secs
[08:43] {Threei} looks fine today
[08:43] {Threei} whatever storm hit internet yesterday, it's passed
[08:49] {pita} morning all
[08:49] {Threei} pita :)
[08:50] {hawkfan4} good morning
[08:51] {Threei} hawk :)
[08:51] {magoo} news FSLR vad?
[08:52] {hawkfan4} 08:44 Solar tax credit renewals get green light from Senate - CNET News.com
[08:52] {Threei} yeah
[08:52] {Threei} 17B in tax breaks
[08:52] {magoo} moving it
[08:52] {Threei} for industry, not FSLR alone :)
[08:53] {Threei} whole sector is gapping
[08:53] {magoo} ENER up 6
[08:53] {Threei} SQNM
[08:53] {Threei} PRICE TARGET RAISED TO $32 FROM $23 AT OPPENHEIMER; MAINTAINS OUTPERFORM RATING
[08:54] {Threei} Lazard assigned 44 earlier
[08:54] {Threei} FRE seems to be aiming for 2 eh?
[08:57] {esemde} good morning
[08:57] {Threei} ese :)
[08:58] {esemde} hmmmm whats going on with FRE...residual value of some sort
[09:00] {esemde} my solar screen is big time Green....
[09:00] {Threei} yup tax credit renewal
[09:01] {fernp} Good morning all
[09:01] {Threei} fern :)
[09:01] {esemde} fern
[09:07] {Threei} T. Boone Pickens admitted to losing at least $1 billion so far for his hedge fund investors this year
[09:07] {hawkfan4} ouch
[09:07] {Threei} remember his endless high targets for oil?
[09:08] {Threei} stubbornly instisting that it goes back to 15, then to 200
[09:08] {Threei} 150 that was
[09:08] {peterg} morning
[09:08] {Threei} peter :)
[09:09] {esemde} 1 billion.....
[09:09] {Threei} I opined that he was mistaken and blinded by his own preconcieved opinions
[09:09] {esemde} he predicts that there will be an increase and he looses 1 billion...whats with that?
[09:09] {Threei} and got couple e-mails mocking my comment along the lines "you ahgainst pickens/"
[09:10] {dino} gm all
[09:10] {Threei} dino :)
[09:10] {esemde} dino
[09:11] {Onix} good morning all
[09:11] {Threei} onix :)
[09:11] {Threei} ese... he is long... oil is dropping...
[09:12] {esemde} still long........
[09:13] {esemde} so basically he's lost 1 billion for the 10 billion he's made
[09:14] {peterg} saw his book yesterday; First Billion is the Hardest
[09:15] {peterg} lks good for 82
[09:15] {peterg} did not read
[09:21] {dptl} good morning all
[09:21] {esemde} dp!!!!
[09:22] {dptl} :)
[09:27] {Threei} dp :)
[09:30] {pita} dumped me too, alternate didn't work, but all's well now
[09:30] {Threei} Long Setup: SQNM 25 break small shares
[09:31] {esemde} waiting for pullback in eslr
[09:31] {Threei} too deep SQNM
[09:32] {Threei} Long Setup: AKNS 5.20 break if holding above 5
[09:33] {magoo} in AKNS .25
[09:35] {magoo} nasty spread
[09:35] {Onix} in AKNS @ 5.21
[09:36] {Threei} Long Setup: ICON 14.40 half lot
[09:37] {Threei} invalidated'
[09:39] {Threei} SQNM is back
[09:45] {Threei} AKNS stopped
[09:45] {magoo} akns stopped
[09:45] {Threei} too bad... was perfectly positioned to go to 6
[09:47] {Threei} wow AIG
[09:47] {Threei} what happened there
[09:48] {Onix} stopped akns
[09:48] {Threei} don't see any news
[09:48] {Threei} FRE hard selling too
[09:52] {Threei} WHITE HOUSE ECON ADVISOR LAZEAR: PLANNING TO REMAIN UNTIL LEGISLATIVE AND PLANNING OF RESCUE PLAN HAS BEEN COMPLETED EVEN THOUGH PLANNED TO RESIGN FROM POSITION LAST WEEK
[09:52] {Threei} can't believe FRE volatility
[09:53] {Threei} FRE
[09:53] {Threei} SELLS $2B OF 1 MONTH BILLS AT A YIELD OF 2.65%
[09:54] {Threei} Long Setup: FMCN .50 break if stays above .20
[09:54] {Threei} half lot
[09:57] {esemde} might the market Vad FMCN
[09:57] {esemde} might need....the market
[09:58] {dino} ilmn sm l .50 trig
[09:58] {esemde} Nope....was wrong there
[09:58] {Threei} if takes that .60 offer, 32 should be easy
[09:59] {Threei} {FMCN} what .60 offer?
[09:59] {Threei} over 1:1
[10:00] {esemde} good call Vad......
[10:00] {Threei} half out .88
[10:00] {Threei} FMCN
[10:00] {Threei} HEARING TAKEOVER CHATTER CIRCULATING
[10:00] {Threei} ummmm
[10:00] {magoo} out here .91 TY vad
[10:00] {Threei} welcome
[10:00] {Threei} AUG EXISTING HOME SALES: 4.91M V 4.94ME (-2% M/M)
[10:00] {Threei} - prior revised from 5.00M to 5.02M
[10:00] {Threei} - Total months of supply: 10.4 v 11.2 m/m (11.2 months was highest on record)
[10:01] {Threei} FED CHAIRMAN BERNANKE: DOWNSIDE RISKS TO THE US ECONOMY REMAIN, INFLATION SHOULD MODERATE BUT SIGNIFICANT RISKS REMAIN
[10:01] {Threei} - Commercial real estate financing is much tighter
[10:02] {Threei} let's take 32 FMCN... can you?
[10:03] {magoo} should i reload?
[10:03] {Threei} risky as hell here
[10:03] {Threei} if loses .50 leave it alone
[10:04] {Threei} if takes 32, take small shares
[10:04] {magoo} i gotta praise laser system
[10:04] {Threei} and when I say I mean small
[10:04] {Threei} not your 5K
[10:04] {magoo} i just filled out bidu 268.20
[10:04] {magoo} never saw it and it was at 266 area
[10:05] {Threei} dark pools? :)
[10:05] {magoo} laid out and WOW ...OUT it was :)
[10:05] {Threei} I had such fill premarket on FRE
[10:05] {magoo} best executions ive ever seen
[10:05] {Threei} put 3K for sale at 1.93 from scalp entry
[10:05] {Threei} got hit without Level 2 quotes going there
[10:05] {dino} ddm sm l .70
[10:06] {Threei} let me repeat the question FMCN... can you?
[10:09] {Threei} {FMCN} can I?... heh!!
[10:11] {Threei} my stop for the balance is trailed to .75
[10:11] {Threei} it held .80 on last pullback before the break
[10:13] {dino} ddm stopped -.38
[10:14] {Threei} stop to .95
[10:14] {Threei} don't weant to let too much slip away
[10:14] {magoo} nice read vad
[10:14] {Threei} too greedy maybe... what's wrong with +.70 - .80 I had? :)
[10:15] {magoo} u been hangin with magoo too much
[10:16] {Threei} nwever a good thing... dino told me that
[10:16] {magoo} im the "rocking horse winner" remember?
[10:16] {dino} it's true, no good can come from hanging w/magoo
[10:16] {Threei} lol
[10:16] {magoo} always fun until things come crashing in tho
[10:17] {dino} -6%
[10:17] {magoo} what..your acct dino?
[10:17] {Threei} IRANIAN ENERGY MIN: IN DISCUSSIONS WITH EUROPEAN PARTNER FOR DEVELOPMENT OF PIPLELINE FROM IRAN TO EUROPE
[10:18] {magoo} there just gonna use piupe to lert suicide bombers crawl thru it
[10:18] {dino} since fri. highs
[10:20] {esemde} testing the waters 1/2 lot of ESLR here .22
[10:22] {esemde} and the boat floats....
[10:23] {esemde} should pullack a little will add another 1/2 lot
[10:24] {esemde} waited for those 2 big red volume spikes Vad so apptly talks about in his book
[10:24] {esemde} this is text book!!!!
[10:25] {Threei} I have a book?
[10:25] {GeoArb} yeah really?
[10:26] {GeoArb} what page ese?
[10:26] {esemde} with your name on it sir!!
[10:26] {esemde} i'll find that page....just a moment
[10:27] {Threei} frikin SQNM fooled me
[10:27] {esemde} starting page 95
[10:29] {esemde} am long averge full lot .30 ESLR
[10:29] {Threei} CBO: BAILOUT COST WILL EVENTUALLY COST SUBSTANTIALLY 'LESS' THAN THE $700B FIGURE DUE TO GOVT SALE OF ASSETS ACQUIRED DURING PROCESS
[10:29] {Threei} {XLF}
[10:29] {Threei} that's what I thought too
[10:30] {Threei} IF they don't ma\ngle the process
[10:30] {Threei} which they are likely to do, lol
[10:31] {dino} clhb drop
[10:33] {dino} if they get them at .60 on the buck, over a couple years they could make alot of money.
[10:33] {dino} clhb sm l .99
[10:33] {dino} the gov't will become what they hate....flippers
[10:36] {Threei} you know
[10:36] {Threei} I don't mind as long as they are good at it, lol
[10:37] {dino} same thoughts, unfortunately w/gov't it most likely will not work
06[10:37] * Threei kicks FMCXN in the rear with heavy duty steel-toed army boots
[10:38] {dino} but i know lots of people waiting to buy these
[10:38] {Threei} yeah, since when goverments were effective at anything
[10:41] {Threei} US SEN REID: BAILOUT PLAN MUST BE DONE RIGHT, NOTES THAT IT CAN TAKE UNTIL THE ELECTION
[10:41] {Threei} huh?
[10:41] {magoo} that is NOT good
[10:42] {Threei} DOE CRUDE: -1.5M V -2.5ME; GASOLINE: -5.9M V -3.8ME; DISTILLATES: -4.2M V -1.5ME; UTILIZATION: 66.7% V 78.7%E
[10:42] {Threei} *API Inventory:
[10:42] {Threei} - Crude Inventories: -91K
[10:42] {Threei} - Gasoline: -2.1M
[10:42] {Threei} - Distillate: -1.7M
[10:43] {Threei} OK
[10:43] {Threei} I am out FMCN
[10:43] {Threei} +.97
[10:43] {Threei} maybe has more in it but feels like getting tired
[10:43] {Threei} or it's me who is
[10:44] {Chaeron} Good morning all... see I missed a few..... any left?
[10:44] {Threei} no chaeron... sorry
[10:44] {Chaeron} ok... see you later :)
[10:44] {GeoArb} heheheh...... i just realized vad meant break of LAST .50
[10:44] {GeoArb} not this one
[10:44] {Onix} ty for FMCN Vad, i got 27c
[10:44] {Threei} were hurried to take it all before your coming
[10:44] {Chaeron} see you did a good job at it
[10:44] {GeoArb} serves me right to wake up late
[10:45] {dino} no scalps for you, two months
[10:45] {Threei} onix :)
[10:45] {GeoArb} i still got 13 cents
[10:45] {Onix} ty also for SQNM i got 48c
[10:45] {Threei} really?
[10:45] {Threei} I missed it completely
[10:45] {Threei} it invalidated first setup, spiked too sharply into resistance,
[10:45] {Threei} then retreated again
[10:46] {Threei} then I stopped watching it, and it sneaked past me, lol
[10:46] {Onix} actually got 28c on first 200 shares & 48c on second 200
[10:46] {esemde} is this message getting through.....power went out in my house
[10:46] {dino} gj
[10:47] {Threei} yes ese
[10:47] {dino} yes es
[10:47] {GeoArb} thats funny ese....
[10:47] {GeoArb} you being a solr guy
[10:47] {GeoArb} solar
[10:47] {dino} use bottles for messages
[10:47] {esemde} tks....my son plugged in 4 electric heaters......bang
[10:47] {GeoArb} winter in canada already?
[10:47] {dino} heaters? why?
[10:47] {Threei} ese, Costco sells solar panel that is supposed to provide backup
[10:48] {Threei} $300 or something like that
[10:48] {Threei} argh FMCN
[10:48] {esemde} good question.....one never knows what goes through the mind of a 7 year old
[10:48] {GeoArb} true that
[10:48] {dino} now i understand
[10:49] {esemde} ya thanks Vad........very funny....
[10:49] {Threei} not a joke
[10:49] {Threei} was looking at it with interest myself
[10:50] {esemde} i may go and looo at those......
[10:51] {Threei} cosmo even found it online
[10:52] {dino} well, cosmo can find anything
[10:52] {esemde} if ESLR takes off i may go and look at them
[10:52] {Chaeron} get a hotdog while you're there :) good stuff
[10:53] {magoo} RIMM ought to catch up
[10:53] {hawkfan4} i prefer the popcorn and cherry slushies from Target myself
[10:53] {Threei} ese, you got today's Time Colonist?
[10:54] {Threei} FED'S BERNANKE: MARKETS REQUIRE CONFIDENCE THAT THE BAILOUT PLAN WILL PROVIDE SUFFICIENT POWER, SHOULD NOT BE DONE IN 'DRIBS AND DRABS' - Q&A
[10:54] {Threei} - Bernanke is again deflecting the proposal by Senator Schumer to start with $150B in funding and to revisiting it further bailout funding early next year.{XLF}
[10:55] {GeoArb} hmmm cherry slushies... how come i missed that
[10:56] {dino} i think they should start with 3 gazillion
[10:57] {Threei} yeah, why play small
[10:57] {dino} dr. evil could fix this
[10:57] {Threei} rofl
[10:57] {Threei} just what I thought 1 second ago
[10:57] {dino} we just need a "lazer"
[10:58] {dino} magoo can play fat bastard
[10:58] {Threei} they with those billions are like dr evil charging 'One111... Million.... dollars!!!"
[10:58] {GeoArb} any response magoo?
[10:58] {dino} lol
[10:58] {dino} he's occupied
[10:58] {GeoArb} bucket of chicken?
[10:59] {GeoArb} fmcn
[10:59] {Threei} uhhu
[10:59] {dino} lol
[10:59] {Threei} it;s where I thought of selling it before I lost patience
[10:59] {GeoArb} yup
[11:00] {esemde} hey Vad.....don't get the times communist....can pick it up though
[11:00] {Threei} oh well... even with that selling price I got it was above my usual
[11:00] {Threei} if you have a chance, ese,
[11:00] {esemde} whats in it....
[11:00] {Threei} have a look at photo and tag line at Classifieds page
[11:01] {Threei} Ben:
[11:01] {Threei} - The number of firms that were "too big to fail" is excessive and needs to be reduced.
[11:01] {Threei} - Credit is being impaired by "fire sale pricing."
[11:01] {Threei} - Insists he is not advocating the gov't overpay for assets.
[11:01] {Threei} - Any taxpayer loss would be "much less" than $700B.
[11:01] {Threei} - Serious concerns remain about the plan's impact on the budget.
[11:01] {esemde} gonna give me a hint....
[11:01] {Threei} ah come on... I want you to be pleasantly surprized
[11:02] {esemde} Ohkee dokeee........
[11:03] {Threei} for the rest of you...
[11:03] {Threei} ese, don't look
[11:03] {Threei} http://www.flickr.com/photos/36948132@N00/2734565512/
[11:03] {Threei} this photo of mine is published in today's paper
[11:03] {GeoArb} thats a nice pic ad
[11:03] {GeoArb} almost artistic
[11:04] {GeoArb} (cant even get a trout these day)
[11:04] {Threei} lol
06[11:05] * magoo slaps GeoArb around a bit with a large trout
[11:05] {hawkfan4} wow Vad, that's a great pic
[11:05] {magoo} AND U DINO........................
06[11:05] * magoo slaps dino around a bit with a large trout
06[11:05] * magoo slaps dino around a bit with a large trout
06[11:05] * magoo slaps dino around a bit with a large trout
[11:05] {Threei} ty hawk
[11:06] {dino} out clhb .42, +.43
[11:06] {Threei} Short Setup: RIMM as close to 98 as you can get
[11:06] {magoo} vad, in pic..whos that hanging a moon 3rd deck down left side of smoker stacks??
[11:07] {GeoArb} fmcn interesting frop
[11:07] {GeoArb} d
[11:08] {Threei} stop above 98.10
[11:08] {magoo} got .93
[11:08] {dino} isn't rimm one of the "new" finacials like ibm
[11:09] {dino} ibm do not short list
[11:09] {Threei} RIMM is available
[11:11] {Threei} FED'S BERNANKE: BAILOUT PLAN IS NOT A STIMULUS PLAN, BUT IF IT HELPS THE ECONOMY RECOVER, FED MAY HAVE TO RAISE RATES SOONER THAN EXPECTED
[11:11] {magoo} covered .63 here TY BOSS
[11:11] {Threei} you are so impatient
[11:11] {magoo} its like u and u me
[11:12] {Threei} good scalping footwork
[11:12] {magoo} im writing a book too
[11:12] {Threei} too?
[11:12] {Threei} who else is?
[11:13] {magoo} but video of me trading is questionable at this time...dino says video of me smashing phone..flipping out of chair..getting hit by flying objects{dino there throwing them} not gonna cut it
[11:14] {dino} not so sure magoo, cable may run it
[11:14] {Threei} yeah, I had to cut out a few episodes of mine too
[11:14] {Threei} half out RIMM
[11:14] {Threei} .50, +.42
[11:15] {Threei} bidding 97.15 for the balance, stop 98.01
[11:15] {magoo} if IF it keeps falling..aapl good short
[11:15] {magoo} not convinced tho
[11:16] {Threei} market strenghtened a bit
[11:16] {Threei} but if it loses that .51 bid
[11:16] {Threei} should drop hard and fast
[11:16] {Threei} lost
[11:17] {Threei} and dropped
[11:18] {Threei} CBO: IF A BAILOUT IS NOT PASSED, A MELTDOWN COULD OCCUR ON SCALE OF THE GREAT DEPRESSION
[11:18] {magoo} aapl fell too
[11:18] {Threei} IMF'S STRAUSS-KAHN: SEES SUBPRIME LOSSES RISING TO $1.3T VERUS $1.1T PRIOR VIEW
[11:18] {magoo} vad, could we make good money here in a great depression??
[11:19] {Threei} as if I lived in one
[11:19] {magoo} i thought u ran a room in tghe last one
[11:19] {Threei} rent for an hour room?? :)
[11:19] {dino} not w/o short capability
[11:20] {Threei} stop to .55 RIMM
[11:20] {dino} these guys are idiots, just get rid of mark to market
[11:20] {magoo} get rid of marky-mark...what he do?
[11:23] {hawkfan4} Vad, FNM 1.80 break scalp?
[11:23] {Threei} looks like
[11:24] {GeoArb} wow thick
[11:24] {Threei} these two are toughie
[11:24] {magoo} vad, now u need to double cover your RIMM short stop and ride it up
[11:24] {Threei} scalp type 1
[11:25] {Threei} not sure mags
[11:25] {Threei} I'll skip it
[11:26] {Threei} GMAC REPORTEDLY MOVING TOWARDS FURTHER REDUCTION OF RISK IN AUTO FINANCING AND MORTGAGES
[11:26] {Threei} they'll stop financing vehicles?
[11:26] {Threei} that would reduce risk
[11:32] {Threei} FNM workwed for 5 cents
[11:38] {GeoArb} hey i had a Q for laser users.....
[11:38] {GeoArb} american users ahem...
[11:39] {GeoArb} do the same stuff as retail during taxes or th llc changes things
[11:39] {GeoArb} i have never done it before
[11:39] {dino} ask magoo
[11:39] {GeoArb} magoo chaeron?
[11:39] {GeoArb} off course all advice disclaimers are respected
[11:40] {magoo} dcc geo
[11:41] {GeoArb} dcced
[11:41] {Threei} should have reshorted RIMM .50 break
[11:41] {peterg} hey geo, if you find out something, let me know
[11:41] {dino} should've bought a sub for lunch
[11:42] {GeoArb} lol
[11:42] {Threei} look partners page on our website guys
[11:42] {GeoArb} i saw that.....
[11:42] {Threei} there is a lonk to tax advisors
[11:42] {Threei} link
[11:43] {Threei} 97 - 91.15 RIMM
[11:43] {Threei} break of the range is p[lay
[11:43] {Threei} with stop on the other end of the range of course
[11:45] {Threei} nope, no worky
[11:47] {Threei} FNM is moving slowly
[11:47] {GeoArb} so you had what 5 lots?
[11:47] {Threei} yes
[11:47] {GeoArb} wow its thick
[11:48] {Threei} that's what type 1 scalp is
[11:48] {GeoArb} okkkkkk
[11:48] {Threei} thick stocks, huge liquidity, small movements
[11:48] {GeoArb} if its in the book i missed it
[11:48] {Threei} it's in scalping course
[11:48] {GeoArb} oops
[11:49] {GeoArb} {- will refer again
[11:49] {dino} new lows
[11:53] {esemde} Have a great rest of the day all.....
[11:53] {Threei} take care ese
[11:53] {esemde} see ya vad....will pick up the paper
[11:53] {Threei} :)
[11:54] {magoo} es:)
[12:04] {Threei} new highs FRE/FNM
[12:12] {GeoArb} .
[12:12] {hawkfan4} ..
[12:12] {Threei} more sweeping for chaeron
[12:14] {Threei} FED'S BERNANKE: IT IS IMPORTANT FOR CONGRESS TO OVERSEE THE TREASURY BAILOUT PLAN, BUT CONCERNED THAT TOO MANY DETAILS WRITTEN INTO THE BILL WOULD LIMIT FLEXIBILITY TO CARRY OUT ITS GOALS
[12:14] {dino} colm sm l .00
[12:14] {GeoArb} details like no folden parachutes for screwing up?
[12:17] {dino} y
06[12:20] * laserdave1 slaps Threei around a bit with a large trout
06[12:20] * laserdave1 slaps Chaeron around a bit with a large trout
06[12:20] * Threei slaps laserdave1 around a bit with a large trout
06[12:20] * magoo slaps laserdave1 around a bit with a large trout
06[12:20] * laserdave1 slaps magoo around a bit with a large trout
06[12:21] * Chaeron slaps laserdave1 around a bit with a large trout
[12:21] {GeoArb} wo he came swinging
[12:21] {Threei} don't you love the silent battle
[12:21] {laserdave1} i know only to enter this room with a loaded gun
[12:24] {Threei} SQWNM makes me cry
[12:27] {GeoArb} how about now vaD?
[12:37] {Threei} ?
[12:37] {Threei} 12:36pm [SIRF] Ticks higher on speculation that its GPS chip is used in the new G1 smartphone with Google's Android software
[12:43] {Threei} market is going to do nothing until paulson plan is resolved one way or another
[12:49] {dino} ofix
[12:49] {Threei} US SEN SCHUMER: SEES LITTLE CHANCE THAT MANY LAWMAKERS WILL VOTE AGAINST ANY RESCUE PLAN
[12:56] {GeoArb} zzzzzzzz
[12:57] {GeoArb} qqqq flatlined
[12:57] {GeoArb} gld too
[12:57] {Threei} 12:43] {Threei} market is going to do nothing until paulson plan is resolved one way or another
[12:58] {magoo} doesn't mean i can't do this...............
06[12:58] * magoo slaps Threei around a bit with a large trout
[12:58] {Threei} hmmm
[12:58] {Threei} I need to ponder my response
[12:58] {Threei} wait
[12:58] {Threei} I don't
06[12:58] * Threei slaps magoo around a bit with a large trout
[12:59] {magoo} now why u gotta go and do that?:)
[12:59] {Threei} lol
06[13:02] * dino slaps magoo around a bit with a large trout
06[13:02] * laserdave1 slaps magoo around a bit with a large trout
[13:03] {magoo} now see what u started vad
[13:03] {Threei} argh
[13:03] {laserdave1} hey Vad is there a way for me to program this to automatically slap Magoo every 15 mniutes?
[13:03] {magoo} vads best pirate imitation there
[13:04] {laserdave1} :)
[13:04] {magoo} roflol
[13:04] {laserdave1} will be interesting when we meet for the first time in person who is holding the bigger trout
[13:05] {laserdave1} lol
[13:05] {GeoArb} hmmm is there a hidden pun
[13:05] {Threei} now, that's a very personal matter youi touch on, dave
[13:05] {magoo} he he....first annual vad trading room cruise
[13:05] {GeoArb} "touch on" ??? vad
[13:06] {Threei} US TREASURY'S PAULSON: A RESCUE PLAN WAS STUDIED OVER PERIOD OF MONTHS, HOPED IT WOULD NOT BECOME NECESSARY; DID ENCOMPASS SMALL BANKS AS WELL AS LARGER INSTITUTIONS
[13:06] {laserdave1} market just got a bi tperky
[13:06] {laserdave1} not sure why
[13:06] {magoo} oh oh...now hes lying
[13:08] {Threei} now?
[13:09] {Threei} sqnm...
[13:11] {magoo} dam..was gonna call rimm long
[13:19] {Threei} CNBC REPORTS THE BAILOUT PACKAGE WILL INCLUDE SOME PAY CURBS - CITES REPUBLICAN SOURCES
[13:21] {Threei} feels like market spike is coming
[13:24] {GeoArb} nice vad
[13:24] {dino} here it comes
[13:24] {Threei} if you grabbed RIMM at the beginning, it's about 60 cents
[13:31] {Threei} CNBC SOURCES NOW SAYING ITS EARLIER REPORT ABOUT THE BUSH ADMINISTRATION MAKING CONCESSIONS ON EXECUTIVE PAY CURBS IN THE BAILOUT PACKAGE ARE NOT TRUE
[13:31] {Threei} lol
[13:33] {GeoArb} heard this joke
[13:33] {GeoArb} Paulson and Bernanke, the two bald guys, put their heads together and made and ass out of themselves.
[13:33] {Threei} woohooo
[13:34] {Threei} there are people on this planet with sense of humor inferior to mine
[13:34] {GeoArb} heheh
[13:34] {dino} roflol
[13:39] {Threei} US TREASURY REPORTEDLY STILL NEGOTIATING ON EXECUTIVE COMPENSATION ISSUES AND OTHERS - UNCONFIRMED REPORT
[13:40] {GeoArb} paulson isnt exactly unbiased
[13:40] {Threei} hahaha
[13:40] {GeoArb} he is only worth 500 mill
[13:41] {dino} out colm .53, +.53
[13:41] {Threei} wtg
[13:43] {dino} ty
[13:43] {dino} out ilmn .99, +.49
[13:43] {GeoArb} wow dino
[13:43] {GeoArb} good day
[13:43] {Threei} it's dino
[13:43] {Threei} every day is a good day
[13:44] {dino} didn't do much, but they are finally moving
[13:44] {dino} c'mon afam
[13:48] {dino} vrtx
[13:53] {dino} amzn
[13:54] {dino} sm risky s vrtx .05
[13:55] {dino} bstop hod
[13:59] {Threei} hey, I have alternative to paulson plan
[13:59] {Threei} let banks fail if they can't make it,
[14:00] {Threei} use those 700B to replace their credit directly to companies and consumers who need it
[14:01] {Threei} WSJ: CONGRESS CONSIDERING APPROVAL OF RESCUE PACKAGE EITHER IN PARTIAL OR CONDITIONAL FORM
[14:09] {Threei} Short Setup: AMZN .34
[14:09] {Threei} stop over .50
[14:12] {Threei} half out
[14:12] {Threei} scalpers havenice 30 cents here
[14:13] {Threei} feel free to cover here
[14:13] {Threei} 50 cents
[14:13] {Threei} and more if you are exceptionally gredy
06[14:14] * Threei slaps magoo around a bit with a large trout
[14:15] {Onix} good call AMZN ty Vad
[14:15] {Threei} welcome kind sir
[14:19] {Threei} PIMCO'S BILL GROSS: NOTES THAT BAILOUT PLAN COULD RETURN 10-15% TO THE GOVT - CNBC COMMENTS
[14:20] {dino} vrtx bstop to .99
[14:22] {dino} cov .89, +.16
[14:23] {dino} amzn sm l .00 risky
[14:27] {dino} trow
[14:28] {magoo} vad..my normal question ghere??
[14:28] {magoo} VVVVVVAAAAAAAAAADDDDDDDDDDDDDD
[14:29] {Threei} I am thinking!!
[14:29] {Threei} first, tell me whether you took AMZN
[14:30] {GeoArb} no :(
[14:30] {GeoArb} gaught caught in a reboot
[14:30] {Threei} yeah, I saw... magoo?
[14:30] {magoo} we are missing the run as i wait here
[14:31] {GeoArb} you saw? (geo shivers as he is being monitored.....)
[14:32] {Threei} dunno mags... doesn't look convincing to me
[14:32] {Threei} feels like dowen is more likely
[14:33] {dino} .
[14:33] {dino} ugh cyber crash
[14:33] {GeoArb} hmm
[14:34] {magoo} was just bumped out room vad
[14:34] {Threei} grrr
[14:40] {magoo} u dont have to kick me out of room because i ask a question of u lol
[14:40] {Threei} I don't?
[14:40] {Threei} but that's my usual MO
[14:42] {dino} frustration incorprated
[14:42] {magoo} u did it top me yesterday
[14:43] {dino} amzn quote?
[14:44] {Threei} 70.75
[14:44] {magoo} i refuse to tell him
[14:44] {dino} untrusting
[14:48] {magoo} AAPL short bossman
[14:48] {peterg} now?
[14:49] {magoo} risky..if IF mkt falkls it will
[14:49] {magoo} not in yet
[14:49] {magoo} ill call if i do
[14:49] {peterg} chk
[14:49] {magoo} was asking vad
[14:50] {peterg} chk
[14:50] {Threei} .50 break mags
[14:50] {Threei} if stays under .75
[14:50] {magoo} nned mkt help
[14:50] {Threei} as always
[14:50] {Threei} goes without saying
[14:51] {Threei} TREASURY'S PAULSON: BAILOUT LEGISLATION MUST ADDRESS EXECUTIVE COMPENSATION
[14:51] {Threei} jeez
[14:51] {Threei} guy wants revolution?
[14:52] {dino} just had one, gov't took over banks, investment houses, auto industry and changed the rules on speculators
[14:52] {magoo} sh 100 sh bidu .15
[14:52] {magoo} 272 .15
[14:52] {dino} and real estate too
[14:52] {magoo} aapl good now
[14:52] {Threei} AMZN 1:1
[14:52] {Threei} and more
[14:54] {magoo} out bidu here 1 point
[14:55] {magoo} die aapl
[14:56] {Threei} McCain says wants to suspend campaign
[14:56] {Threei} headed back to DC to work on crisis
[14:56] {magoo} what
[14:56] {GeoArb} what?
[14:56] {peterg} man of action
[14:56] {Threei} saggests Obama to do the same
[14:57] {GeoArb} what exactly will a man who wants dereg do?
[14:57] {GeoArb} in fact both men?
[14:57] {GeoArb} this is more fun http://www.msnbc.msn.com/id/26856896/
[14:58] {magoo} i am short aapl .04
[14:58] {magoo} lookingh for 10 points
[14:59] {Threei} geo, you shorted AMZN this time?
[14:59] {Chaeron} 52wk range: 2.14- 8.18
[14:59] {Chaeron} Local.com Corporation provides paid-search advertising services to local and national businesses on the Internet in the United States and Europe.
[14:59] {GeoArb} ahm..... didnt see the flashing red
[14:59] {Chaeron} ooops sorry
[14:59] {Chaeron} wrong window
06[15:00] * magoo slaps Chaeron around a bit with a large trout
[15:00] {Threei} hmmm... wasting perfect calls here, I see
[15:00] {GeoArb} no no vad
[15:00] {Chaeron} http://www.breitbart.com/article.php?id=D93D8Q000&show_article=1
[15:00] {magoo} any magoo followers?
[15:01] {magoo} 50 cent aapl
[15:01] {GeoArb} sheesh
[15:01] {magoo} gonna be a point
[15:02] {GeoArb} i had a sound alert on vad's chats..... and sound was off.... not a good day
[15:02] {Threei} [14:32] {Threei} dunno mags... doesn't look convincing to me
[15:02] {Threei} [14:32] {Threei} feels like dowen is more likely
[15:03] {Threei} US PRESIDENTIAL CANDIDATE MCCAIN HAS REPORTEDLY CALLED FOR A DELAY IN DEBATE IN ORDER TO ADDRESS MARKET BAILOUT ISSUES
[15:03] {Threei} - Reports have McCain suspending his campaign until these issues have been addressed
[15:03] {GeoArb} ok sound alert working now
[15:03] {magoo} coivered aapl here .50 plus .54
[15:03] {magoo} thats why i ask vad..seriously...u have a good feel..u just don't know it and play it he he
[15:03] {Threei} too late geo... I am deeply offended by being commonly ignored, suspending all calls untill McCain unsuspends his campaign
[15:04] {GeoArb} ooooh
[15:04] {magoo} 14:58] {magoo} i am short aapl .04
[15:04] {Threei} even magoo who asked about AMZN, didn't take it, lol
[15:04] {GeoArb} i thought he did
[15:04] {Threei} nope, he took AAPL
[15:04] {magoo} nah..
[15:13] {GeoArb} .
[15:16] {Chaeron} ..
[15:16] {magoo} ...
[15:18] {magoo} sh rimm 04
[15:19] {magoo} cover here .59
[15:19] {magoo} EASAY BUTTON
[15:21] {Onix} ty for AMZN Vad, i took another 32c
[15:21] {Threei} :)
[15:21] {Threei} GOLDMAN ANALYST NOTES THAT PROTECTION OF FINANCIAL STOCK SHORT SELLING HAS LED TO A SHORT TERM POSITIVE FOR EXCHANGE STOCKS (TIMING UNCERTAIN)
[15:21] {Threei} - Notes trending in higher volume may lead to higher than anticipated Q3 earnings
[15:26] {Threei} Sen Barton says Paulson plan is DOA
[15:31] {Threei} TREASURY SEC PAULSON: "I'M NOT SEEKING EXTRAORDINARY POWERS"
[15:31] {Threei} - Notes that oversight and transparency are necessary under plan
[15:33] {magoo} vad..u running a trading room or are u a news reporter? {as magoo runs for cover}
[15:33] {GeoArb} ooooooh
06[15:33] * Chaeron slaps magoo around a bit with a large trout
[15:33] {Chaeron} allow me
[15:33] {Threei} that's it... now you've done it
[15:33] {magoo} roflol
06[15:33] * Threei removes himself to a very very remote monastery
06[15:33] * Threei removes himself to a very very remote monastery in Tibet
[15:33] {GeoArb} nuyork?
06[15:34] * Threei removes himself to a very very remote monastery in Tibet without wireless connection
[15:34] {GeoArb} PIMCO'S EL ERIAN URGES THE PASS OF RESCUE PACKAGE AS MARKETS ARE 'DETERIORATING RAPIDLY'
[15:34] {Threei} PIMCO'S EL ERIAN URGES THE PASS OF RESCUE PACKAGE AS MARKETS ARE 'DETERIORATING RAPIDLY'
[15:34] {Chaeron} greeeeeeaaaaaat........ Well, magoo... make a call.... better be good.... oh and I want the latest headlines.... and tax advice :))
[15:34] {GeoArb} hahaha
06[15:35] * Threei removes himself to a very very remote monastery in Tibet without wireless connection in order to do intensive navel-gazing and soul-seraching
[15:35] {GeoArb} so now soul lives in navel?
06[15:36] * Threei removes himself to a very very remote monastery in Tibet without wireless connection in order to do intensive navel-gazing and soul-searching, and among souls he intends to sought out magoo's one will be decisively kept out of list
[15:37] {magoo} HEY
06[15:37] * Threei returns from monastery for just one minute to do this:
06[15:37] * Threei slaps magoo around a bit with a large trout
06[15:39] * magoo slaps peterg around a bit with a large trout
06[15:39] * magoo slaps Onix around a bit with a large trout
06[15:39] * magoo slaps laserdave1 around a bit with a large trout
06[15:39] * magoo slaps jmb around a bit with a large trout
06[15:39] * magoo slaps hawkfan4 around a bit with a large trout
06[15:39] * magoo slaps GeoArb around a bit with a large trout
06[15:39] * magoo slaps frankc around a bit with a large trout
06[15:39] * magoo slaps dptl around a bit with a large trout
06[15:39] * magoo slaps dino around a bit with a large trout
06[15:39] * magoo slaps cosmo around a bit with a large trout
[15:39] {Chaeron} }{
06[15:39] * magoo slaps Chaeron around a bit with a large trout
06[15:39] * magoo slaps brian3579 around a bit with a large trout
06[15:39] * magoo slaps Raven around a bit with a large trout
06[15:39] * magoo slaps Threei around a bit with a large trout
[15:39] {GeoArb} i see he is going reverse alphabetical
[15:40] {magoo} mkts losing it here
[15:40] {Threei} and likely to do so till end of day
[15:41] {Threei} RIMM is going to lose 95 I believe
[15:41] {magoo} people gonna just thro in the towel
[15:42] {Threei} short into this bounce
[15:42] {Threei} got .44
[15:42] {Threei} .55 stop
[15:43] {magoo} constant beating...even when i was young boy...vad took off a day from beating me
[15:43] {Threei} lol
[15:45] {Threei} covered half RIMM
[15:45] {Threei} .25 and .27
[15:46] {magoo} u a rimm geniusd vad
[15:46] {magoo} ditch that pos uaua
[15:46] {Threei} if it goes under 95
[15:46] {GeoArb} hear hear
[15:47] {Threei} UAUA was very good to us for quite a while
[15:47] {Threei} just outlived itself
[15:47] {dino} these end of day sell-offs are getting bad
[15:47] {Threei} SENATE REPUBLICAN LEADER: EXECUTIVE COMPENSATION RESTRICTIONS SHOULD BE IN FINAL BAILOUT BILL
[15:49] {Chaeron} hey... if these newly siezed cos MAKE $$$ in the future and we bail them out, do we get a check like profit sharing?
[15:49] {Threei} uhhu
[15:49] {Threei} US HOUSE PASSES BILL FUNDING GOVERNMENT THROUGH MARCH 2009
[15:49] {GeoArb} ummmm
[15:49] {Chaeron} Palin did it in Alaska...
[15:49] {GeoArb} not us
[15:50] {GeoArb} alaska is a welfare state
[15:50] {Chaeron} CA is too
[15:50] {Chaeron} :)
[15:50] {GeoArb} alaska has no state tax no sales tax
[15:51] {GeoArb} and they get yearly checks
[15:51] {Threei} and the place is beautiful
[15:51] {Threei} oops... that's irrelevant
[15:52] {GeoArb} flat for the day
[15:52] {GeoArb} +150
[15:52] {GeoArb} sniff
[15:53] {Threei} that's 50K a year
[15:54] {GeoArb} i am just sad cuz you expect more from me vad heheheheh
[15:54] {Threei} they don't pass that bill, that'll be high end of earnings
[15:54] {dino} indeed
[15:54] {GeoArb} i will beome and illegal alian and work in canada
[15:55] {GeoArb} i guess i cant do grammer in canada
[15:55] {dino} i don't want to know of your illegal activities
[15:55] {Chaeron} I can't associate with felons
[15:55] {GeoArb} heyheyhey
[15:55] {Threei} CNBC'S GASPARINO: NOTES HIS SOURCES TELL HIM SOME SORT OF RESTRICTION ON EXECUTIVE PAY WILL BE INCLUDED IN THE FINAL BAILOUT BILL
[15:55] {Threei} - Speculates the final bill may break the $700B allotment into two pieces.
[15:55] {GeoArb} i am only a felon if i get caught
[15:55] {Chaeron} how come HE can speculate? :))
[15:56] {Threei} any hint that bill is likely to pass, market explodes
[15:56] {cosmo} which way?
[15:56] {Threei} I think they need to ban CNBC for a while
[15:56] {Threei} ex vs. im, cosmo...
[15:56] {GeoArb} anyone watches bloomie here?
[15:56] {Chaeron} explode = up.... implode = down
[15:56] {dino} isn't bush speaking tonight? maybe already passed in back room deal
[15:57] {Threei} anyone thinks it's a very bad idea to have Bush to sell this plan?
[15:58] {hawkfan4} more like everyone
[15:58] {Threei} thought so
[15:58] {Threei} well guys, shaped up as a ery nice day
[15:58] {Threei} a few quite sizeable wins
[15:58] {dino} whats to sell, the public doesn't vote on it
[15:58] {magoo} yes..ty boss
[15:59] {Threei} true dino...
[15:59] {peterg} never quite got it together, but tmo is another day
[15:59] {Threei} I gather there is a serious outcry though
[15:59] {GeoArb} yeah
[15:59] {magoo} well..and politicians listen
[15:59] {peterg} vs dumbhead salvage plan
[15:59] {Threei} reps get a lot of feedback
[15:59] {Threei} 99% is negative
[15:59] {Threei} "stop bailing wall street, bail people"
[15:59] {peterg} sell junk, then buy it back; make em rich 2x
[16:00] {dino} i struggled a bit too pete, happens.
[16:00] {peterg} slightly incoherent
[16:00] {peterg} still
[16:00] {peterg} sober as judge
[16:00] {peterg} how sober is that?
[16:00] {Threei} hmmm
[16:00] {Threei} depends on p[articular judge I guess
[16:00] {peterg} fine, really
[16:00] {GeoArb} thanks guys
[16:00] {peterg} thanks all; gnight
[16:01] {Threei} take care all, see you tomorrow
[16:01] {hawkfan4} nite all, thx vad
[16:01] {magoo} WAITTTTTTTTTTTTT
06[16:01] * magoo slaps Threei around a bit with a large trout
[16:01] {dino} gn all, up but below target
[16:01] {Chaeron} oh, I thought you were going to extend trading hours magoo
[16:01] {Threei} tyoo late, I wasn't there anymore mags
[16:02] {peterg} thks dino; c u tmo
[16:03] {magoo} dammit..he he
