Friday, October 17, 2008

Oct 17 2008

We finished two weeks of hitorically high volaitlity, VIX hitting unseen levels and trends changing faster than traders could recognize them. Out of last 10 trading sessions we had 9 positive, with quite a few room members reporting record profits - including stunning 72 points NQ on a single trade. I consider these weeks to be handled as well as it only possible.

Session Time: Fri Oct 17 00:00:00 2008

[07:50] {magoo} morning
[07:51] {hawkfan4} mornink
[08:01] {patience} morning
[08:11] {Threei} morning
[08:30] {Threei} SEPT HOUSING STARTS: 817K V 872KE; BUILDING PERMITS: 786K V 840KE
[08:58] {dino} gm all
[08:58] {Threei} dino :)
[09:00] {dino} :)
[09:07] {ese} good morning....
[09:07] {Threei} ese :)
[09:08] {ese} interesting finish to the day yesterday.....up +400
[09:08] {ese} on the dow
[09:08] {Threei} in terms of recent volatility - insignificant uptick
[09:08] {Threei} oh boy... look at the punding ESLR takes
[09:08] {Threei} pounding
[09:09] {dino} lol
[09:09] {dino} how about pudding
[09:09] {ese} noticed that....wheres it going to go?????
[09:09] {Threei} that too
[09:09] {ese} it's already there
[09:11] {ese} by my estimation on the down side it still has a share value of between 11 and 15
[09:11] {Threei} don't know ese... it's a toughie
[09:12] {Threei} solars is a sector where many factors involved
[09:12] {ese} indeed
[09:12] {Threei} with oil dropping, their prospects are questionable
[09:12] {Threei} considering that they can't survive so far without heavy tax subsidies
[09:13] {ese} thats true
[09:13] {Threei} the way I see it:
[09:13] {Threei} with oil at 150, they can't survive without such injections,
[09:13] {GeoArb} gm all
[09:14] {Threei} but injections are considered necesseary because of fear of even higher oil prices
[09:14] {Threei} Geo
[09:14] {Threei} now, with oil cut in half
[09:14] {ese} geo
[09:14] {Threei} what are the incentives to continue spending that much on solar?
[09:14] {Threei} sure, there is all this green talk
[09:14] {Threei} oil peak talk
[09:15] {Threei} but it all nice and well during prosperity time
[09:15] {Threei} not when belts are getting teghtened all over the place
[09:15] {ese} that may be just the point right there vad
[09:15] {Threei} I am not saying whole sector will necessary die
[09:15] {GeoArb} options expiratiopns today?
[09:16] {Threei} but certain filtering out will be done
[09:16] {Threei} even in totally viable industries it'sa normal process
[09:16] {ese} if you put in a solar heating system ...your approx 1year away from ever having to pay for heating costs ever again......thats the draw these days
[09:16] {Threei} survival of some and culling of others
[09:17] {Threei} 1 year?
[09:17] {ese} this last oil spike was a wakeup call......i think most anyone who purchases solar is looking at it that way
[09:18] {ese} yes 1 year....i find that link
[09:18] {Threei} you sure about 1 year? I seem to remember much longer
[09:18] {ese} the new technology that ESLR has come up with puts approx there
[09:19] {ese} i'll find that article was looking at it the other day
[09:19] {Threei} ty
[09:19] {Threei} one thing that is troubling from longer term investment in them is:
[09:19] {Threei} process of defining who survives aand who doesn't will involve consolidation
[09:20] {Threei} i.e., some of them will be absorbed by bigger ones,
[09:20] {Threei} and that will nail the price of buyout
[09:20] {Threei} So, if some one invests in a stock at, say, 10
[09:20] {Threei} it drops to, say, 3
[09:20] {Threei} and one thinks I'll hold
[09:20] {Threei} one faces a risk of it being taken over at, say 5
[09:21] {Threei} cash
[09:21] {Threei} End... will never recover his investment
[09:21] {dptl} good morning all
[09:21] {Threei} dp :)
[09:21] {cosmo} hey... 5 beats 3
[09:22] {Threei} true... but yeilds to 10
[09:22] {cosmo} that's history
[09:22] {Threei} so is your invested money :)
[09:22] {peterg} morning
[09:23] {Threei} peter :)
[09:23] {cosmo} yep
[09:23] {Onix} Good morning
[09:23] {Threei} onix :)
[09:24] {dino} es, cost recovery is not one year, and no way it could heat a house for free
[09:25] {GeoArb} i would say 5 atleast
[09:25] {peterg} NYT has Buffett article championing buy stock, good for long term!
[09:25] {Threei} which stock?
[09:25] {GeoArb} buffet stock
[09:25] {peterg} good stox
[09:25] {dino} yes, buffett taking credit for jesse livermore's quote....buy when blood
[09:25] {peterg} solid american assetts
[09:26] {peterg} Buy american-- I am
[09:26] {peterg} rah rah
[09:27] {peterg} restaurant opened where bank was; sign reads, put your mouth where your money was
[09:27] {Threei} lol
[09:28] {GeoArb} hehe
[09:28] {peterg} today both my mouth and my money say equities
[09:28] {peterg} says warren
[09:28] {peterg} quote from article
[09:29] {Threei} well... I doubt he wats for my endorsement or cares much about it... but still, I agree with him :)
[09:29] {peterg} back to your question, what stocks?
[09:29] {peterg} for hold
[09:29] {peterg} goog?
[09:29] {peterg} you like tech
[09:29] {peterg} for hold
[09:30] {Threei} overall, yes
[09:30] {Threei} to pick particular ones as investments - I think you cam do much better than ask me
[09:31] {peterg} tks
[09:32] {ese} heres the article Vad : 5th paragraph down...payback approx 12 months: http://biz.yahoo.com/bw/081014/20081014005341.html?.v=1
[09:33] {GeoArb} hmm if that is true there would be lin to do this
[09:33] {GeoArb} line
[09:33] {Threei} ty
[09:33] {cosmo} acgy
[09:33] {ese} could very well be....my wife and I are even thinking about it
[09:33] {cosmo} wants 5
[09:34] {GeoArb} wow slb
[09:34] {cosmo} acgy needs to hold 4.80
[09:35] {dino} another gap open, i guess at least it's above
[09:38] {Threei} watching how UAUA holds during this NQ pullback
[09:39] {ese} b stop GILD 43.01
[09:39] {Threei} ADBE holds very well
[09:39] {Threei} ADBE looks like half lot entry on NQ strength, aggresively
[09:40] {Threei} and UAUA 10 break
[09:41] {GeoArb} sheesh
[09:41] {Threei} if anyone got ADBE, half out here
[09:42] {Threei} UAUA half out here
[09:42] {dino} feels up
[09:42] {hawkfan4} thx adbe vad
[09:42] {Threei} hawk :)
[09:42] {Threei} what price did you get?
[09:42] {hawkfan4} .36
[09:42] {GeoArb} ty adbe uaua vad
[09:43] {Threei} welcome
[09:43] {cosmo} ACGY gonna test 5
[09:43] {hawkfan4} sold all at .61
[09:43] {cosmo} fwiw
[09:43] {Threei} I did a bull market thing on ADBE
[09:43] {Threei} half lot at .25 and added at breakout level, .40
[09:43] {GeoArb} uaua 2nd target vad?
[09:44] {Threei} 1/4 more here
[09:44] {dino} cedc sm l .05
[09:44] {Threei} and leave the rest to trade
[09:44] {Threei} with stop right under 10
[09:45] {Threei} sold half ADBE .56 earlier
[09:45] {Threei} 1/4 more .65 right now
[09:45] {Threei} offer UAUA last portion .45
[09:45] {Threei} and ADBE get out here
[09:45] {GeoArb} out
[09:45] {dino} cetv sm l .00
[09:45] {Threei} out everything
[09:46] {GeoArb} heh met daily TY lord vader
[09:46] {Threei} remember my promise that we will switch from scalps to holds for bigger runs?
[09:46] {hawkfan4} nice geo
[09:46] {GeoArb} low daily hawk
[09:46] {Threei} this time slowly approaches, these are early birds
[09:47] {GeoArb} in 1304 out 1312.25
[09:47] {hawkfan4} still...
[09:47] {GeoArb} one lot
[09:47] {GeoArb} ahh the romance
[09:47] {GeoArb} the herald of spring vad?
[09:47] {GeoArb} bullish spring
[09:47] {Threei} thaw
[09:48] {ese} well i'm back.....power flicker here and everything went out.......
[09:48] {GeoArb} hehehe ese you def should be in solar
[09:48] {GeoArb} flockr in neighbourhood or house?
[09:48] {dino} welcome back es
[09:48] {ese} am long GILD....looks like at .02
[09:49] {ese} missed the 20 something spike....
[09:49] {ese} out GILD .01.......even
[09:49] {ese} sheesh
[09:50] {ese} sorry thats -.01
[09:50] {hawkfan4} MA 152.50, stop .under 152 sm
[09:51] {Threei} reentry points
[09:51] {Threei} keep shares smaller
[09:52] {ese} maybe need solar power......apparently it still works during hurricanes.......when electricity goes out
[09:52] {Threei} ugh, UAUA got away
[09:52] {Threei} ADBE is still there though... watch NQ for ADBE entry
[09:53] {Threei} UAUA starts feeling like 11
[09:54] {ese} there goes GILD.....
[09:54] {dino} clf sm l .40
[09:55] {Threei} OCT PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 57.5 V 65E
[09:55] {Threei} 1 cent shy UAUA
[09:56] {Threei} for NQ players
[09:56] {Threei} 1315 break
[09:56] {hawkfan4} out ma 155.56, +3.06
[09:56] {GeoArb} thanks vad !!!
06[09:57] * GeoArb is overwhelmed with vad's kindness
[09:57] {dino} out cetv .72, +.72
[09:58] {hawkfan4} extremely tough crowd today dino
[09:58] {GeoArb} lol
[09:58] {Threei} today?
[09:58] {hawkfan4} LOL
[09:58] {GeoArb} problem is we are numb to enything less than a buck for dino
[09:58] {Threei} and dino is one who made us that way
[09:58] {dino} out clf +1.00 at .40
[09:59] {dino} indeed hawk, indeed
[09:59] {dino} great f'ing job tho bro
[09:59] {dino} see clf
[09:59] {hawkfan4} thank you. i call that a dino-special
[10:00] {Threei} ok guys, it IS bull market
[10:00] {Threei} bad numbers are taken in stride
[10:00] {Threei} litle pullback on those, and new highs in a few min utes
[10:00] {dino} allm is well in the world (of dino) again
[10:00] {Threei} pullbacks are being bought aggressively
[10:00] {dino} itri on radar
[10:01] {Threei} UAUA broke 11
[10:01] {magoo} ballzy call vad
[10:01] {magoo} [10:00] {Threei} ok guys, it IS bull market
[10:02] {GeoArb} world is powering up
[10:02] {GeoArb} AMGN
[10:02] {GeoArb} COV
[10:03] {Threei} UAUA is not done
[10:03] {dino} 9:42, dino said "feels up"
[10:03] {dino} we were -170 at that
[10:03] {Threei} get half lot at 11.10
[10:03] {Threei} wow... late
[10:03] {GeoArb} loving dino's 8ball
[10:03] {magoo} [09:42] {dino} feels up
[10:04] {dino} hey, careful ther
[10:04] {dino} there
[10:04] {Threei} rofl
[10:04] {Threei} look at UAUA
[10:04] {hawkfan4} feels up whom? ;)
[10:04] {GeoArb} dino feeling up 8 balls i guess
[10:04] {Threei} RJET too
[10:04] {Threei} JBLU lags
[10:05] {hawkfan4} lol
[10:05] {Threei} 5 resistance
[10:05] {dino} thats why diet scares me, gut feel working well
[10:05] {Threei} from both yesterday and today
[10:05] {Threei} let's see if it takes 5 and puts up the show
[10:05] {GeoArb} nothing coming up in my red scanner
[10:06] {Threei} we never go red again
[10:06] {Threei} ever
[10:07] {dino} out cedc .77 ave +.72
[10:08] {GeoArb} i gotta tell ya
[10:08] {GeoArb} feels patriotic to make money long
[10:09] {Threei} funny thing is, market has very bullish feel to it even though indexes are red
[10:09] {GeoArb} market internals looking green
[10:09] {dino} odd sense of humor
[10:09] {ese} i would agree with that........
[10:10] {Threei} lol dino
[10:10] {dino} going -200 soon
[10:10] {patience} i'm buying today...longer term holdings
[10:10] {Threei} that I admit freely
[10:10] {Threei} UAUA approaches high again even though NQ pulls pack
[10:10] {dino} as your name implies patience
[10:10] {dino} 80 to go
[10:10] {patience} :)
[10:10] {GeoArb} news on HON vad? orderly selling
[10:11] {dino} lowered 4th q
[10:11] {Threei} [HON] Honeywell International Inc CFO: Planning to experience recessionary conditions in 2009
[10:11] {Threei} - Sees slowing growth in emerging markets
[10:11] {GeoArb} TY
[10:11] {Threei} 07:00am [HON] Honeywell International Inc Reports Q3 $0.97 v $0.95e, R $9.28B v $9.59Be more.. 07:00am [HON] Honeywell International Inc Reports Q3 $0.97 v $0.95e, R $9.28B v $9.59Be
[10:11] {Threei} - Guides FY08 eps $3.76-3.80 v $3.80e ($3.75-3.85 prior guidance), R $37.2B v $37.86Be ($37.6-38.2B prior guidance)
[10:12] {Threei} UAUA broke
[10:14] {dino} 65 to go
[10:14] {dino} 45
[10:15] {Threei} OK, JBLU defined the range for pkay
[10:15] {Threei} 4.85 support, serving as stop/invalidating level
[10:18] {hawkfan4} took it .88, stop .84
[10:18] {GeoArb} uaua back from pullback
[10:20] {GeoArb} out .65 uaua
[10:20] {dino} fcx sm l .20, wide jumpy one
[10:22] {GeoArb} early uaua
[10:22] {Threei} I have 200 shares UAUA left from last entry at .38
[10:22] {Threei} putting them for sale at .95
[10:22] {GeoArb} nice vad
[10:22] {Threei} just in order to train myself for holding
[10:23] {Threei} hit
[10:23] {GeoArb} beautiful vad
[10:23] {Threei} gotta start changing habits
[10:23] {Threei} umm
[10:23] {Threei} let me rephrase
[10:23] {Threei} gotta train myself for different habits
[10:24] {Threei} not necessary change them fully yet
[10:25] {GeoArb} are you in jblu vad?
[10:25] {Threei} half
[10:25] {GeoArb} slow
[10:25] {Threei} will add half on 5 break
[10:25] {GeoArb} ahh scaling in
[10:25] {Threei} another way to pklay it is to take douible lot neasr support
[10:26] {Threei} with selling one under breakout level
[10:26] {GeoArb} am swithing to half lots
[10:27] {Threei} not sure why this one lags so much
[10:27] {GeoArb} want a happy weekend as crossed 2.5 daily
[10:27] {Threei} NWA does too
[10:28] {GeoArb} read all the stop articles yesterday.... nice
[10:29] {Threei} ty
[10:29] {dino} geo, :)
[10:29] {GeoArb} one of them described me to a T
06[10:30] * GeoArb hoping and praying guy
[10:30] {GeoArb} i like NQ also because the platform throws out hard stops... i guess i am wired like dino on that
[10:30] {dino} i understand
[10:31] {GeoArb} manual stops are my biggest weakness by far.... gotta work on it
[10:32] {Chaeron} Hi all Leave anything for me?
[10:32] {dino} same here geo
[10:32] {GeoArb} hey chaer
[10:33] {dino} and nyse rinse city o=n hard ones
[10:33] {GeoArb} yeah its amazing
[10:33] {magoo} chaer broil
[10:34] {Chaeron} hi Geo, Mags
[10:34] {dino} ahh, no we didn't chaer
[10:34] {Chaeron} shut the market down then dino
[10:34] {hawkfan4} stopped JBLU -.04
[10:35] {dino} fine w/me, good day
[10:36] {dino} 8825 must hold
[10:38] {Threei} chaeron :)
[10:39] {Chaeron} hi Threei.... see anything good?
[10:39] {Threei} blue sky
[10:39] {GeoArb} sigh
[10:39] {dino} hon sm l .00
[10:39] {Chaeron} nice
[10:42] {Threei} sideline for now guys
[10:42] {Threei} easy money has been made
[10:42] {tomg} ty NQ earlier vad
[10:42] {Threei} let's wait for the next defining moment
[10:42] {Threei} tom :)
[10:43] {magoo} feels like powering uop vad imo
[10:43] {GeoArb} yeah
[10:44] {magoo} aapl the tell guys
[10:44] {Threei} Long Setup: ADBE .65 half lot
[10:44] {GeoArb} BRE
[10:44] {Threei} if stays aboive .45
[10:45] {magoo} we are powering up
[10:46] {dino} fcx on your own anyone took
[10:46] {hawkfan4} AAPL 99.05, stop 98.50
[10:46] {dino} 1/4
[10:46] {hawkfan4} small
[10:46] {magoo} in aapl too
[10:46] {magoo} 98 .08
[10:46] {dino} stop to .24
[10:47] {GeoArb} nice magoo
[10:47] {Threei} Long Setup: NQ 1321
[10:47] {GeoArb} heheh vad
[10:47] {GeoArb} just put that in
[10:48] {GeoArb} quick scalp
[10:48] {dino} stop to .70
[10:48] {magoo} out .51 aapl
[10:48] {magoo} like it tho
[10:48] {dino} gj
[10:48] {magoo} but scalpin
[10:48] {hawkfan4} nice mags
[10:48] {GeoArb} in 21 out 23 3 lots
[10:49] {Threei} half out NQ
[10:49] {Threei} 27
[10:50] {dino} out fcx 35.00, +1.80
06[10:50] * GeoArb appreciated vad catering to popular demand
[10:50] {dino} out hon .70, +.70
[10:51] {Threei} half our ADBE .81
[10:51] {dino} hawk, c rowd sucks
[10:51] {dino} crowd
[10:51] {Threei} lol
[10:51] {GeoArb} nice dino !
[10:51] {hawkfan4} lol, nice dino :)
[10:51] {dino} :)
[10:51] {GeoArb} sheesh stuff too fast
[10:51] {tomg} ty nq again vad :)
[10:52] {GeoArb} went after NQ lost ADBE
[10:52] {tomg} out at 28
[10:52] {Threei} tom:)
[10:52] {GeoArb} loving it vad
[10:52] {dino} anybody having fun?
[10:52] {Threei} no dino... we are grim crowd
[10:52] {GeoArb} excellent friday
[10:52] {Threei} we hate fun
[10:52] {dino} lol
[10:52] {GeoArb} if i could i would clink beer bottles
[10:52] {Chaeron} under a BD? grim?
[10:53] {dino} geo, i owe you a beer, thx for hon heads up
[10:53] {GeoArb} :)
[10:53] {Threei} beer all around
[10:53] {ese} patience are you there......what are you thinking of getting into if I may ask
[10:54] {Threei} offer ADBE balance 28.05
[10:54] {patience} cnq (canadian natural resources), eca (encana), su (suncor), Pot, Agrium...commodities are still going to be needed
[10:54] {Threei} stop under .60
[10:55] {dino} patience, regarding pot, just say no to drugs
[10:55] {ese} thats for sure
[10:55] {dino} beer better
[10:55] {Threei} to show you the extent of my knowledge is fundamental research:
[10:55] {ese} the Kalium potash plant is 22 miles west of Regina......it supplies potash to just about the entire planet
[10:56] {Threei} POT to me is glorified manure company
[10:56] {patience} learnt this morning that mutual funds, not hedge funds, are doing the big selling after hours
[10:56] {patience} they wait for closing numbers for redemptions, then sell
[10:56] {hawkfan4} all i wanna do is drink beer for breakfast
[10:56] {GeoArb} hmmm
06[10:56] * GeoArb cant drink beer in winter
[10:57] {ese} i'm with ya geo....hmmmmmmmm
[10:57] {dino} did that last week hawk
[10:57] {dino} beer w/eggs
[10:57] {Threei} hawk... you may want to know old russian saying... "shot of vodka in the morning - freedom for the day"
[10:57] {GeoArb} hehehe
[10:57] {dino} geo, que?
[10:57] {dino} dark beers in winter
[10:57] {hawkfan4} then let freedom ring...:)
[10:57] {Threei} notice how loose and relaxed dptl is each day
[10:59] {ese} good one......
[10:59] {ese} but he's not here to take the slam....
[10:59] {GeoArb} i am a pilsner guy... switch to bailey in coffee/hot sake/mulled in winter. (am a wimp)
[10:59] {GeoArb} {-for dino
[10:59] {ese} oppssssss yes he is.......sorry dp missed your handle
[10:59] {dino} is dp here? lol'
[11:00] {Threei} let's see
06[11:00] * Threei slaps dptl around a bit with a large trout
[11:00] {Threei} come to papa ADBE
[11:00] {GeoArb} ok thats creepy
[11:01] {GeoArb} SRCL
[11:03] {GeoArb} nice srcl
[11:04] {Threei} ADBE profit is fairly nice here, but you remember the idea of this exercise in patience, right?
[11:04] {GeoArb} y
[11:04] {patience} patience does need exercise
[11:04] {Threei} :)
[11:04] {GeoArb} lol
06[11:05] * GeoArb trades from a spinning cycle
[11:05] {Threei} direct hit
[11:05] {dino} what, are you doing laundry?
[11:05] {Threei} +.40
[11:05] {GeoArb} lol dino
06[11:05] * dptl slaps ThurstonHowellTheThird around a bit with a large trout
[11:05] {dptl} :)
[11:05] {Threei} look who sobered up
[11:05] {dptl} lol
[11:05] {Threei} and actually came up with a good idea
06[11:06] * Threei slaps ThurstonHowellTheThird around a bit with a large trout
[11:06] {dino} jpm sm l .85 stop lod
[11:06] {Threei} NQ feel free to sell second half
[11:06] {Threei} +13
[11:06] {GeoArb} vad could ya mention stops if ya have time
[11:06] {Threei} sorry, will do
[11:07] {Threei} but heck
[11:07] {Threei} you know my setups
[11:07] {GeoArb} true
[11:07] {GeoArb} but new instru... some positive reinforcement
[11:07] {Threei} just paad them a bit more vs stocks when you deal with NQ
[11:07] {Threei} pad
[11:08] {GeoArb} wat to see your leeway and then will take it from there
[11:08] {GeoArb} want
[11:08] {Threei} too tight stops get gunned for on regular basis on e-minis
[11:11] {GeoArb} SAY dino
[11:12] {Threei} watch NQ for reversal back up for ADBE entry
[11:12] {hawkfan4} out AAPL +.80
[11:12] {GeoArb} nice hawk
[11:13] {dino} good report
[11:13] {dino} say
[11:13] {Threei} was so tempted to short UAUA earlier, decided to refrain... too bad
[11:13] {hawkfan4} thx
[11:13] {dino} fast drop dji
[11:15] {Threei} FTC HAS REPORTEDLY ISSUED ORDER FOR RMBS TO RECEIVE ADDITIONAL ROYALTIES ABOVE THE MAX RATES
[11:16] {GeoArb} adbe turning?
[11:16] {Threei} not very clear
[11:16] {Threei} market may need some rest
[11:16] {GeoArb} nq seems to be wanting down
[11:21] {Threei} looks like ADBE wants up no matter what
[11:22] {dino} jpm stopped -.38
[11:22] {ese} for sure...photoshop memories of loosing fortunes......thats big....capturing the heartbreak of it alll
[11:23] {ese} well positioned company
[11:23] {GeoArb} yeah
[11:23] {GeoArb} we probably use every product they make
[11:23] {GeoArb} very sleek
[11:24] {ese} picture it....CEO of Lehman.....not collecting 15million bonus....i'd like to see that captured on film/print
[11:24] {ese} the agony in his face would be indescribable
[11:25] {ese} only ADBE photoshop could handle it
[11:25] {GeoArb} lol
[11:25] {ese} of course the stock is going up.......just my opinion
[11:25] {GeoArb} the bailout gurantees GS ceo 70 mill
[11:25] {ese} really......
[11:25] {GeoArb} yup
[11:26] {ese} thats nuts!!!
[11:26] {GeoArb} http://bloomberg.com/apps/news?pid=20601109&sid=ajjeFgtmfWuA&refer=home
[11:27] {ese} I should try that as a teacher.....go into board office and tell them i want my severance package.....see what happens
[11:28] {ese} 70mil 15mil.....LOL!!!
[11:28] {Threei} dino
[11:28] {Threei} CBC just talked about Goerge Costanza effect
[11:30] {dino} lol
[11:31] {magoo} whats that vad?
06[11:31] * Threei slaps magoo around a bit with a large trout
[11:37] {dino} djifeels heavy
[11:45] {dino} .
[11:45] {GeoArb} ..
[11:45] {Threei} ...
[11:45] {GeoArb} drat i had promised myself i would take snapshots of all the setups i took as homework revision
[11:45] {Chaeron} . . . _ _ _ ...
[11:46] {hawkfan4} you still can geo, just scroll back on the charts, u have esig right?
[11:46] {GeoArb} not anymore
[11:46] {GeoArb} laser data
[11:46] {GeoArb} and IB data thats it
[11:46] {GeoArb} cutting costs
[11:47] {hawkfan4} ah, i c
[11:47] {GeoArb} got tired of paying esignal
[11:47] {GeoArb} they nickel and dime everything
[11:47] {Threei} why can't you take snapshots now?
[11:47] {GeoArb} i can
[11:48] {GeoArb} it was more a Q of doing it then when fresh lol
[11:48] {Threei} {--- lost... but what else is new
[11:54] {dino} confused
[11:55] {Chaeron} join the club
[11:55] {magoo} lost here
[11:55] {magoo} baffled
[11:55] {magoo} bedazzled
[11:55] {Chaeron} what else is new
[11:56] {Threei} what power Geo... singlehanddly put whole room in a state of total confusion
[11:56] {dino} lol
[11:56] {Threei} on second thoght... not much power needed to do that to us
[11:56] {dino} thinking about lunch
[11:56] {GeoArb} lol
[11:56] {GeoArb} EXP
[11:56] {GeoArb} ABV
[11:56] {Chaeron} GEo's new nick - "Captain Chaos"
[11:56] {Threei} lol
[11:56] {GeoArb} :)
[11:57] {dino} ahh, a little police on radio
[11:58] {Chaeron} scanner or Sting?
[11:58] {dino} sting
[11:58] {hawkfan4} es asc triangle, 947.50 break, 943.50 invalidates it
[11:59] {GeoArb} hey vad
[12:00] {GeoArb} could you pls change my nick to Geo
[12:00] {GeoArb} Arb seems wasted on these guys
[12:00] {GeoArb} i tried doing it and it gave me a registration error
[12:00] {ese} am outta here....have a great weekend all!
[12:00] {GeoArb} cya ese
[12:00] {Chaeron} bye ese!
[12:00] {hawkfan4} enjoy ese
[12:00] {ese} see ya geo
[12:00] {dino} cya es
[12:00] {ese} hawk
[12:01] {ese} CCChhh you too
[12:03] {dino} cetv sm l .60
[12:05] {Threei} Geo, dcc me your desired password, I'll change it
[12:08] {Geo} AHA !!!
[12:08] {Geo} sheesh chaer
[12:08] {Geo} vad almost changed me to captainchaos
[12:10] {Chaeron} awwwwwwwwww
[12:10] {Chaeron} I like it
[12:10] {Chaeron} do it Geo
[12:10] {Geo} nah am sentimental about geo
06[12:10] * Chaeron likes to start trouble
[12:10] {Geo} lol
[12:10] {Geo} btw what does chaeron mean?
[12:10] {Geo} ook power up
06[12:11] * Threei changes Chaeron to TroubleLover
[12:11] {Chaeron} hmmmm sounds too sexy... ug
[12:11] {Geo} lol
[12:11] {Geo} OClover
06[12:11] * Threei changes TroubleLover Non-Sexy TroubleLover
[12:12] {patience} girls like bad boys...hmmm TroubleLover is good
[12:12] {Geo} true dat
[12:12] {Threei} unless it's TroubledLover
[12:12] {Threei} we are so non-politically correct...
[12:14] {Chaeron} lol
[12:14] {Chaeron} patience... I'm blushing... but I am a bad boy
[12:15] {magoo} question is.................
06[12:15] * Geo thinks the room got awkward !!
[12:15] {magoo} is patience a "bad" girl:)
06[12:15] * Geo {-- PG level
[12:15] {Threei} don't tell me I have to edit it all out
[12:16] {magoo} mkt dead
[12:18] {Geo} GILD merry
[12:18] {Threei} ADBE is holding very well
[12:19] {Geo} ok thanks vad and all.... good day ....3X daily
[12:22] {patience} magoo and chaeron....time to start planning a trip to victoria
[12:23] {magoo} sheesh..u are a bad girl he he
[12:25] {Threei} take care Geo
[12:28] {Chaeron} he needs to up daily goals :)
[12:28] {Threei} so he brags less? :)
[12:28] {Chaeron} not saying that in a bad way... he does have a very respectable one, just time to grow...
[12:29] {Chaeron} naaa
06[12:29] * Threei establishes his daily goal at $1 so he can claim 1000s %
[12:29] {Chaeron} expectations... ask life for a penny...
[12:29] {Chaeron} heheh
[12:30] {dino} i leave for 10 min. conversation goes to bad girls/guys
[12:30] {patience} wasn't me
[12:30] {Chaeron} me either
[12:31] {dino} ot; vad too bad the free 3 days wasn't these past 3, would've blown them away
[12:32] {Threei} no kidding
[12:33] {Threei} what can I do... some changes on hosting server changed the way mass e-mail cooperates with server... and nobody is able to pin it down so far
[12:33] {dino} at my highest week in months
[12:33] {Threei} well... when free days are here, you guys will have to hype our job over last two weeks
[12:33] {Threei} lol
[12:34] {Threei} seriously though... out of last 10 days (2 weeks), 9 winning ones
[12:34] {Threei} and those were the historically difficult weeks
[12:34] {Threei} volatility unseen before
[12:34] {dino} ya think?
[12:34] {Threei} green day red day
[12:34] {dino} lol
[12:35] {Threei} well... difficult not for us obviously :)
[12:35] {Threei} but I see cries everywhere
[12:39] {magoo} still vad ..all in all..250 expensive here {as magoo runs for cover he he}
06[12:40] * dino slaps magoo around a bit with a large trout
06[12:40] * Threei moves swiftly on upping room price to 500 and correcting magoo's charge to 750
[12:40] {magoo} obh no..that backfired
[12:41] {magoo} aapl l here
06[12:41] * Threei establishes practice of upping magoo's price by $50 every time he mentions room pricing
[12:42] {magoo} i better get to work
[12:42] {magoo} goog wants 400 today
06[12:42] * Threei considers upping magoo's price in $20 increments every time magoo says anything
[12:43] {Threei} that's what we benevolent dictators do, right?
[12:43] {magoo} roflol
[12:43] {dino} more fun to just throw stuff at him
[12:43] {Threei} true
[12:43] {Threei} I envy you dino
[12:44] {dino} not
[12:44] {magoo} 99.17 aapl
[12:44] {magoo} small
[12:44] {magoo} 200 bux stop
[12:44] {dino} he makes me drink too many nights a week
[12:45] {magoo} in training for when i visit vad
[12:46] {Threei} lol
[12:46] {Threei} better get dptl for that... I am losing my former ability to drink any amounts with no visible consequences
[12:46] {magoo} u used to drink 5th a day of vodka right
[12:47] {Threei} 5th?
[12:48] {magoo} if mkt resumes upward..looking for aapl to go green
[12:48] {magoo} but small
[12:48] {Threei} and ADBE to tag 29
[12:48] {Threei} well, I was never a regular drinker in a sense of daily consumption
[12:49] {magoo} oh i know...post reads wrong
[12:49] {Threei} but when occassion was there, there was practically no limit to how much could be, as Fed says, injected
[12:49] {magoo} as in u could handle that quantity but not everyday
[12:50] {dino} cedc sm l .58
[12:50] {Threei} wehat's 5th?
[12:50] {dptl} i am offering drinking classes
[12:50] {magoo} size of bottle
[12:50] {Threei} I can offer theory
[12:51] {Threei} dp will provide practical demonstration
[12:51] {dptl} we'll make a good team Vad :)
[12:51] {Threei} no doubt
[12:51] {Threei} took half lot ADBE
[12:51] {Threei} .39 stop
[12:51] {Threei} .95 target
[12:51] {magoo} ill demonstrate how to fall down
[12:52] {dptl} lol
[12:52] {magoo} ask dino..i had a feww good falls
[12:52] {dino} oh yeah
[12:55] {Threei} do it faster ADBE... temptation is too big
[12:55] {Threei} 10 cents more please
[12:55] {Threei} 6
[12:55] {Threei} 5
[12:55] {Threei} 2
[12:56] {Threei} 200 out, 300 left
[12:56] {dino} 9310 gap here we come
[12:56] {Threei} ugh
[12:56] {patience} oil and gold going up, tsx up +409
[12:59] {magoo} man aapl was bangin on 100 and got smacked down
[13:00] {Threei} out the rest ADBE
[13:00] {Threei} I have to say... training to hold goes successfully
[13:00] {Threei} but not easy by any means
[13:01] {dino} jpm is like a dino rinse machine
[13:01] {dino} thing takes me out and runs a buck 2 days in row
[13:03] {magoo} if anyone took aapl..i got u to 100 twice..i inbut u on own
[13:04] {magoo} needs mkt..butcould go green
[13:04] {hawkfan4} lol, did same thing as yesterday, put a stop under es, went to bank, and out +21.50
[13:05] {Chaeron} keep making those deposits hawk
[13:05] {hawkfan4} seriously, um...i'll be right back ;)
[13:06] {Threei} lol
[13:16] {Chaeron} I'm going to buy hawk a bigger armoured truck for his bank runs
[13:17] {dino} i'm just going to stake out his house
[13:17] {Chaeron} lol
[13:17] {hawkfan4} lol
[13:19] {Threei} AIG
[13:19] {Threei} COMPANY MAY ACCESS FED RESERVE COMMERCIAL PAPER FOR LESS THAN $10B IN CASH - UNCONFIRMED
[13:20] {dino} i may do the same
[13:21] {Threei} OPEC MEMBERS POTENTIALLY SEEKING AN OUTPUT CUT BY 1-1.5M BPD AT NEWLY SCHEDULED OCT 24 MEETING - UNCONFIRMED REPORT
[13:21] {dino} heard ben berneke(?) signed up for free trial 3i
[13:22] {Threei} I refused
[13:22] {magoo} ROFLOL
[13:22] {dino} lol
[13:22] {magoo} elmer too
[13:22] {dino} greenspan and buffet refused, claim market timing is impossible
[13:23] {dino} plus daytraders and speculatoers ruin everything, not the bankers
[13:24] {Threei} right
[13:24] {magoo} oput aapl here .51
[13:24] {dino} hod dji
[13:24] {dino} ndx
[13:24] {magoo} +1 .31
[13:24] {dino} gj magoo
[13:28] {dino} cetv stop to .28
[13:28] {dino} out slipped .24,.30.31, so ave.28, +68
[13:30] {dino} .68
[13:38] {Threei} UAUA...
[13:38] {Threei} .50 break
[13:38] {Threei} scary as hell
[13:39] {Chaeron} damn
[13:43] {dino} out cedc .92 slipped from .99
[13:43] {dino} +.34
[13:51] {Geo} VAD uaua REENTRY STILL VALID?
[13:51] {Geo} oops
[13:52] {Threei} not sure
[13:53] {Threei} OK
[13:53] {Threei} it was
[13:53] {Geo} lol
[13:57] {hawkfan4} interesting LEH report: http://www.youtube.com/watch?v=txDWRR5WRFQ&feature=related
[13:58] {Threei} be back in 20
06[14:02] * dptl slaps ThurstonHowellTheThird around a bit with a large trout
[14:03] {dptl} wake up....
[14:03] {Geo} nice call UAUA vad (whenever he is back)
[14:16] {dptl} .
[14:21] {Threei} I am back
[14:21] {Threei} what call?
[14:21] {dino} hard fall
[14:21] {Threei} I made a call?
[14:38] {magoo} make 1 now
[14:38] {magoo} did we roll over last friday into bell
[14:40] {Threei} don't remember
[14:48] {dino} cat drop
[14:54] {hawkfan4} cow tip
[14:57] {dino} lol
06[15:00] * Threei thought long and hgard of worthy addition, shrugged, gave up and fell asleep
[15:00] {hawkfan4} lol
[15:12] {Onix} I am in for lunch, so what's happening?
[15:12] {dino} cat beat up today
[15:12] {Threei} lol... Geo forgot his new password:
[15:12] {Threei} [14:29] -RealityTrader.chat.server- *** Notice -- Received KILL message for Geo.
[15:12] {dino} aapl too
06[15:13] * Threei slaps laserdave1 around a bit with a large trout
06[15:13] * magoo slaps laserdave1 around a bit with a large trout
[15:14] {Onix} market doing it's best to remain green
[15:15] {dino} or, market doing its' bet to go red
[15:15] {dino} :)
[15:15] {Onix} lol
[15:15] {magoo} freakin geo locks himself out of room
[15:16] {dino} i'd slap him, but he can't get in
[15:16] {magoo} why not slap vad then
06[15:17] * Geo slaps dino around a bit with a large trout
06[15:17] * Geo slaps magoo around a bit with a large trout
06[15:17] * dino slaps Geo around a bit with a large trout
[15:17] {magoo} ROFLOL
[15:17] {Geo} heheh
[15:17] {Geo} i did forget
[15:17] {Geo} thats just sad
[15:17] {dino} so this bartender says to me last night, "would you like another beer." i replied, "now why wouldn't i?"
[15:18] {Threei} your mirc isn't set up on autoconnection?
[15:18] {Geo} it is now
[15:18] {Geo} i reinstalled with new password
[15:18] {Threei} wow
[15:18] {Threei} why reinstall
[15:18] {Geo} I am in IT
[15:18] {Threei} just type /login
[15:18] {Geo} when in doubt reinstall or reboot
[15:18] {Threei} or ask me
[15:19] {Geo} if i am locked out
[15:19] {Threei} you IT types
[15:19] {Geo} how will I ask vad?
[15:19] {dino} politely
[15:19] {Threei} when car engine won't start, you will get out of the car, open and cose door, traunk and hood
[15:19] {Geo} lol
[15:19] {Threei} then try to start it again
[15:19] {Geo} funny you mention that
[15:20] {laserdave1} magoo dcc please
[15:20] {Geo} vad dcc pls if have time
[15:20] {dino} cat sm l .00
[15:20] {Threei} I do have time
[15:20] {Threei} what I don't have is...
[15:22] {Onix} how the mighty is falling!
[15:30] {Onix} UAUA is unelievable ... why so strong?
[15:31] {Threei} who knows
[15:32] {Threei} oil drops, market recovers
[15:32] {Threei} airlines start looking better
[15:33] {Onix} and it is ong way better than jblu & the other airlines
[15:33] {Onix} long way i mean
[15:40] {dino} wild ride into the close, 150 pts in minutes back and forth
[15:41] {dino} and backand forth,,,,,,,,,,,,,
[15:41] {Onix} i'm getting dizzy here!
[15:44] {dino} wants green dji, imo
[15:44] {dino} going for 100 up
[15:45] {dino} darn only 34
[15:53] {dptl} have a great weekend all :)
[15:54] {hawkfan4} u2 dp
[15:55] {dino} u2 dp
[15:59] {dino} cat stopped, i'm done
[15:59] {Onix} have a great weekend everyone, thanks & bye
[15:59] {dino} thanks all, good week
[15:59] {Threei} thank you all
[15:59] {dino} cya onix
[15:59] {Threei} have a great weekend
[15:59] {peterg} bye all
[15:59] {Geo} thanks guys
[15:59] {hawkfan4} have a great one all, thx :)
[15:59] {Threei} 9 winning days out of 9
[15:59] {Threei} me happy
[15:59] {Threei} see you all on Monday
[16:00] {magoo} ty boss
[16:00] {dino} bad finish for markets
[16:01] {patience} i have been watching jpmorgan today....ending not great
[16:01] {dino} not at all
[16:01] {dino} bac, c too cof strong tho
[16:02] {patience} somebody bought cof this morning...yeesh
[16:03] {dino} good report, but don't buy the open
[16:03] {patience} not good that bac, c and jpm dropped
[16:03] {dino} just looked at records, best week since1/11/08