Thursday, November 6, 2008

Nov 06 2008

Session Time: Thu Nov 06 00:00:00 2008

[08:16] {Threei} Good morning
[08:16] {Threei} sea of red all over the globe
[08:17] {dawg} Morining
[08:17] {lisa_jay} Hi Vad.
[08:17] {Threei} dawg :)
[08:17] {Threei} lisa :)
[08:17] {dawg} :)
[08:19] {Threei} 11/06/08 07:38am
[08:19] {Threei} [LVS] Las Vegas Sands Corp Files mixed securities shelf ASR
[08:19] {Threei} - We will use the net proceeds we receive from the sale of the securities offered by this prospectus for general corporate purposes, unless we specify otherwise in the applicable prospectus supplement. General corporate purposes may include our construction and development projects in Las Vegas, Macao, Singapore and Pennsylvania, additions to working capital, capital expenditures, repayment of debt, the financing of possible acquisitions and investments or stock repurchases.
[08:29] {Threei} #s in one min
[08:30] {Threei} oh, and ECB cut rates by .50
[08:30] {Threei} Q3 PRELIMINARY NONFARM PRODUCTIVITY: 1.1% V 0.7%E; UNIT LABOR COSTS: 3.6% V 3.0%E
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 481K V 477KE; CONTINUING CLAIMS: 3.843M V 3.743ME
[08:37] {amarg} gm all
[08:37] {Threei} amarg :)
[08:40] {_maga} good morning all
[08:40] {Threei} maga :)
[08:48] {hawkfan4} good morning
[08:48] {Threei} hawk :)
[08:57] {dptl} good morning all
[08:57] {Geo} gm all
[08:58] {Threei} dp, geo :)
[08:59] {wishbone} hello & good morning
[08:59] {Threei} wishbone :)
[08:59] {hawkfan4} vad, i'm pretty much taking the week off, but i caught your qid trade yest afternoon, thx
[09:00] {Threei} good to hear hawk :)
[09:00] {Threei} squuezed full buck out of it?
[09:00] {hawkfan4} best part is i kept half thru csco, sold 69.50, +4 :)
[09:00] {Threei} you bird of prey
[09:01] {hawkfan4} :)
[09:01] {Threei} IMF: ALL G7 ECONOMIES WILL CONTRACT IN 2009 EXCEPT CANADA
[09:01] {Geo} canada is in g7?
[09:01] {patience} someone swat geo
[09:03] {Geo} funny news.... turns out 150k shopping was not enuff.... she took her family and made aides charge their personal cards...... 40k + for first dude....
[09:04] {Geo} they are finding out now as aides asking fo reimbursement
[09:09] {lisa_jay} Vad, if I had Q's and NQ's which would be a better to watch intraday?
[09:09] {Threei} NQ is usually a bit ahead but not crucial
[09:09] {lisa_jay} Ok, thanks.
[09:10] {Threei} if NQ feed onstitutes additional expense, might as well skip it
[09:10] {lisa_jay} I use think or swim platform for charting...they have it for free.
[09:11] {dino} gm all
[09:11] {Threei} dino :)
[09:11] {lisa_jay} Hi Dino.
[09:11] {Geo} hey dino
[09:11] {dino} :)
[09:12] {magoo} morn
[09:13] {magoo} no pev posts?
[09:13] {magoo} previous
[09:13] {Threei} magoo :)
[09:13] {lisa_jay} Am I seeing correct pre market quote...or is LVS back at 8
[09:13] {Threei} replay doesn't work?
[09:13] {magoo} not here
[09:13] {hawkfan4} nope
[09:13] {dino} 8 it is
[09:14] {Threei} ty, will as support to reset server after market
[09:14] {ese} good morning
[09:14] {Threei} ese :)
[09:14] {Geo} hmm
[09:14] {Geo} worked for me
[09:14] {Onix} Good morning all
[09:14] {Threei} Onix :)
[09:14] {Geo} oops no it didnt had it on overnight
[09:14] {Geo} sorry
[09:15] {Geo} want me to dcc it magoo?
[09:15] {magoo} no ty....i dont read it anyway he he
[09:15] {dino} lol geo
[09:15] {Geo} lol
[09:16] {Geo} had news for you dino
[09:16] {Geo} dccced :)
[09:21] {Threei} watching WFC as a short candidate
[09:22] {cosmo} CSCO pre mkt high = 16.83 fwiw
[09:23] {dino} lisa, lvs "going concern", real$
[09:23] {Threei} C another possible short
[09:23] {Onix} WFG @ 28.80 Vad?
[09:24] {Threei} no setup yet
[09:24] {Threei} just a acandidate to watch at this point
[09:24] {Onix} ty
[09:25] {lisa_jay} Thanks Dino
[09:27] {Threei} generally, working assumption so far is continuation of yesterday's selling
[09:28] {Onix} a beautiful bounce here for WFC hey?
[09:31] {magoo} still thinking short WFC vad?
[09:31] {ese} ATVI
[09:32] {Threei} Short Setup: WFC 29.90 break half lot if stays under 30.15
[09:33] {dawg} in wfc
[09:33] {Onix} in
[09:34] {magoo} in .02
[09:34] {dino} tbsi l .65, stop lod
[09:35] {Threei} Short Setup: C 12.44 if stays under 12.60
[09:35] {dino} drys sm l .30, stop .94
[09:36] {Threei} stopped WFC
[09:36] {lisa_jay} Stopped WFC.
[09:36] {dawg} stopped wfc
[09:36] {Threei} quite a recovery in the market
[09:36] {dptl} stopped wfc
[09:36] {magoo} me too
[09:37] {magoo} too fast too
[09:37] {dino} ci sm l .30
[09:42] {Threei} LVS
[09:42] {Threei} COULD SUSPEND DEVELOPMENTS, LOOKING TO RAISE CAPITAL TO AVOID POTENTIAL DEFAULTS
[09:42] {amarg} uaua is looking good, any trade?
[09:42] {Threei} on pullback, maybe
[09:42] {Threei} not a stock for chasing
[09:43] {Threei} there you go
[09:43] {Threei} 30 cents drop in one gasp
[09:44] {Threei} Long Setup: VPHM half lot 13.10
[09:45] {Threei} if big offer gets eaten
[09:45] {Threei} and if stays above 12.90
[09:45] {Threei} UAUA did that teleprotation thing again
[09:46] {Threei} if you watch it carefully and act very quickly, this is almost constant pattern on it
[09:47] {Threei} offer moved up on VPHM...
[09:47] {Threei} moving target
[09:48] {Threei} tough one, let's probably drop it
[09:48] {lisa_jay} ok
[09:49] {dino} drys stopped -.36
[09:49] {dino} tbsi stopped -.40
[09:49] {dino} blew the scalps, idiot award to diono today
[09:50] {magoo} wfc vad short?
[09:50] {Threei} no setup
[09:51] {magoo} loss 50?
[09:51] {Threei} and I don't like how it retreats just a tad while market drops
[09:51] {Threei} something's not right with this short
[09:52] {Threei} at some point it will work but so far each retreat looks more like a trap
[09:54] {Threei} look at this market drop and WFC barely losing 20 cents and immediately bouncing back
[09:54] {Threei} UAUA
[09:54] {Threei} bounce candidate off .50
[09:55] {lisa_jay} To short or long?
[09:55] {Threei} bounce after drop is long
[09:56] {lisa_jay} Ok, thanks.
[09:56] {Geo} half out .68
[09:56] {Threei} if got it, take scalp here
[09:58] {Threei} UAUA short became available for laser
[09:58] {dino} fwlt sm l .75
[09:58] {lisa_jay} Vad, with this kind of bounce plays, 10c stop?
[10:00] {Threei} this is generalization lisa
[10:00] {Threei} with this particular play, idea would be to enter around .50 with stop under .40
[10:01] {lisa_jay} thanks.
[10:02] {Threei} US TSY FINANCE ANNOUNCEMENT ON IRAN LATER TODAY
[10:02] {Threei} huh?
[10:07] {Threei} Short Setup: ADBE .60 breakdown if stays below .75
[10:09] {Threei} invalidated but short idea is still there
[10:09] {Threei} looking how to modify it
[10:10] {dino} ci stopped. taking break
[10:10] {Chaeron} good morning all
[10:10] {Threei} chaeron :)
[10:10] {lisa_jay} Hi Chaeron.
[10:11] {ese} CCCCCHHHHHHH.....
[10:11] {lisa_jay} Geo you still in UAUA?
[10:13] {Geo} what? no.... was all out at 80
[10:13] {lisa_jay} Ok, thanks.
[10:13] {Threei} Short Setup: ADBE .90 breakdown if stays below 26
[10:15] {Threei} 1:1, cover half or take scalp
[10:15] {Onix} i was too late for ADBE this time
[10:18] {magoo} probs here today on our side
[10:23] {magoo} hello??
[10:23] {lisa_jay} Magoo?
[10:23] {magoo} ok..ty
[10:23] {magoo} was booted out
[10:29] {lisa_jay} Now the Adbe works...
[10:29] {magoo} what u lookin at vad?
[10:29] {Threei} all around... trying to find anything readable
[10:31] {dino} fwlt stopped
[10:36] {Threei} Short Setup: ADBE .54 breakdown if stays below .70
[10:36] {dino} -7.5% since tuesday's close, getting close, imo
[10:36] {Threei} at some point support should stop holding finally
[10:37] {Threei} somarket could flush down
[10:37] {dino} support hasn't been holding 700 pts in 1.3 days
[10:38] {dino} 8900 area i'm watching for
[10:38] {Threei} I am talkihng about this particular ADBE setup
[10:38] {dino} other than that i show 8144
[10:38] {dino} ok, sorry
[10:38] {dino} :)
06[10:38] * Threei hits ADBE over the head with 2x4
[10:39] {magoo} magoo kicks adbe in groin
06[10:39] * Threei hits ADBE over the head with 2x4 endowed with nails
[10:39] {dino} dino just walks away
[10:39] {Geo} sheesh
[10:39] {magoo} magoo kicks in b@lls
[10:39] {Geo} what a pacifist bunch
06[10:39] * Threei hits ADBE over the head with 2x4 endowed with rusty nails
[10:40] {magoo} adbe punches magoo in face
[10:41] {Threei} ok, flush in progress
[10:41] {dawg} in adbe
[10:41] {dptl} in.52
[10:41] {Threei} enough of those bounces market... just drop
[10:41] {Onix} in ss ADBE @ .58
[10:42] {_maga} in ADBE .54
[10:42] {Onix} just 100 shares though
[10:43] {Onix} 3 losses in a row makes me skittish
[10:43] {Threei} see geo... violence works
[10:43] {Geo} half out
[10:43] {Threei} half out ADBE
[10:43] {Threei} scalpers know what to do
[10:44] {dawg} half out adbe
[10:44] {Threei} magoo... congratulations on a quality violence
[10:44] {Threei} stop .61 for the balance
[10:45] {magoo} :)
[10:45] {Threei} or .55 if you are extremely skittish
[10:45] {_maga} out +0.2 tx vad!!
[10:45] {Threei} welcome sir
[10:45] {lisa_jay} 22c thanks Vad.
[10:45] {Threei} welcome sirlisa :)
[10:46] {Threei} another leg of flushdown is coming
[10:46] {Chaeron} ADBE s in .53, out .31 - +0.22, thanks Vad, nice oue Lisa
[10:46] {Chaeron} one
[10:46] {Threei} is it right word? is there such thing as flush up?
[10:46] {Geo} only in australia
[10:46] {Threei} ah
[10:46] {Chaeron} heheh...
[10:46] {lisa_jay} ?
[10:47] {lisa_jay} Thanks Chaeron.
[10:47] {Threei} for those who still hold half: ideally would like to see ADBE remaining under .50,
[10:47] {dptl} +.15 adbe ty
[10:47] {Threei} then with market further drop it's likely to test closer to 25
[10:48] {Threei} unless we get extreme panic I don't expect ADBE to lose 25
[10:48] {Chaeron} can we please do that again? :)
[10:49] {Threei} was eyeing UAUA .80 break for long
[10:49] {Threei} look what it did
[10:49] {Threei} there was no way to buy it anywhere within 5 cents from .80
[10:49] {Chaeron} *sigh*
[10:49] {Threei} it just beamed itself up
[10:49] {Threei} ok, so far so good ADBE, .50 held
[10:50] {Threei} now want to see a new low and then sharp down to under .20
[10:50] {Threei} I think you can safely trail the stop to .51
[10:50] {Threei} if it goes over .50, not interested in what happens next
[10:51] {Chaeron} requiring violence again?
[10:52] {Threei} it's early morning still... gotta save some energy
[10:52] {dino} 8890 support dji imo
[10:52] {Threei} that 2x4 is heavy, you know
[10:53] {Threei} let's try gentele threats instead
06[10:54] * Threei sends ADBE a box with three dead fish
[10:55] {hawkfan4} AAPL small .38, stop under lod, swing
[10:55] {Threei} OK, this is either last attempt to resist the inevitable for NQ, or it's a double bottom
[10:55] {magoo} long rimm sm .98
[10:56] {Threei} in any case, ADBE stop is still above .50
[10:58] {Threei} for double bottom case,
[10:58] {Threei} Long Setup: QQQQ .08
[10:58] {Threei} stop under 31
[10:58] {magoo} in q
[10:58] {cosmo} rescued ....sigh
[10:58] {Threei} ADBE is done for now
[11:00] {Threei} Qs 1:1
[11:01] {magoo} first exit rimm .40 area
[11:04] {magoo} needs mkt
[11:04] {Threei} so far so good, low volume pullback
[11:06] {Threei} Qs bottom out here and break .20, you are golden with your RIMM
[11:06] {magoo} exit 2 would be like 60-70 area
[11:07] {dino} tbsi l .03, drys l .35
[11:07] {Threei} no .20 break so far
[11:07] {Threei} if loses .10, bets are off
[11:08] {Threei} off they are
[11:08] {magoo} gotta scalp
[11:08] {magoo} nuttin holds
[11:09] {cosmo} holding breath here
[11:09] {magoo} stopped rimm
[11:09] {magoo} 'sheesh
[11:10] {dino} 8890
[11:11] {hawkfan4} man, USO monthly chart. Took 5 months to undo the 13 month rally
[11:12] {magoo} very wounded market still
[11:12] {magoo} we are too retest lows
[11:12] {magoo} maybe not this week..but soon
[11:15] {laserdave1} Market bottom in?
[11:16] {magoo} does not feel like it
[11:16] {Threei} yeah, if Qs lose .90, more downside most likely
[11:17] {Threei} oil is quite a story hawk, yeah
[11:17] {Threei} a lot to learn from it about how maarkets really work
[11:18] {Threei} let's try and structure our action for more flush case
[11:18] {Threei} .88 Qs short if stays under 31
[11:19] {Threei} according play on ADBE is .27 short if stays under .45
[11:25] {Threei} (FR) FRENCH FIN MIN: THERE IS EVIDENCE THAT THE FINANCIAL MARKETS GETTING BETTER
[11:25] {dino} what!!!!!!!!!!!
[11:25] {Chaeron} great... he blew our short at the last second
[11:25] {Threei} lol
[11:25] {Threei} those french
[11:25] {lisa_jay} Invalidated?
[11:25] {magoo} hesjust collaborating w/germans
[11:26] {Threei} for now yes
[11:26] {magoo} no..hes been since 40's vad
[11:26] {Threei} lol
[11:26] {Threei} I am answering lisa :)
[11:26] {magoo} oh
[11:30] {magoo} aapl is still the tell people
[11:30] {dino} sm risky l deck .05
[11:30] {dino} wide
[11:31] {Threei} (EU) ECB'S TRICHET: CANNOT RULE OUT CUTTING RATES FURTHER
[11:31] {Threei} - July rate hikes let us cut rates today
[11:31] {Threei} now that's funny
[11:31] {Threei} every economist in the world says July hike was a big mistake
[11:31] {magoo} can we get negative rates?
[11:31] {Threei} so the way to justify it is, we can today since we raised back then
[11:31] {Threei} we can cut today
[11:32] {dino} yes magoo, ask japan
[11:32] {Threei} how about NOT raising back then, saving a lot of grief?
[11:32] {laserdave1} cmon markets
[11:32] {laserdave1} let davy call this one
[11:34] {dino} c'mon markets, davy needs a new pair of shoes
[11:36] {magoo} coffeeeeeeeeeeeee
[11:36] {Threei} WSJ: OBAMA WILL PUBLICLY DISCUSS ECONOMIC POLICY PLAN ON FRIDAY
[11:36] {Threei} that k,ind of cups action
[11:36] {Threei} who wants to commit to anything ahead of major policy speech
[11:37] {dino} he's going to kill us w/taxes and handouts. auto industry next. should let them file pre-packaged banruptcy instead of throwing $ at them
[11:38] {magoo} STOPPPPPPPPPPPP
[11:38] {magoo} not today
[11:38] {dino} lol
[11:38] {Threei} have a look at GM
[11:40] {Onix} getting ready for government bailout?
[11:40] {dino} or end of days
[11:40] {Threei} I vote for end of days
[11:40] {Threei} that would be a relief
[11:40] {Onix} the beginning of the end?
[11:41] {Threei} all I want is to get advance warning
[11:41] {dino} 8 ball bounce coming
[11:41] {Threei} so I could enjoy thoroughly what time's left
[11:41] {magoo} me too vad..i want end of days
[11:41] {Onix} like Cramer said: "I am waiting for the world to stop ending"
[11:41] {Threei} you know... pillaging... drinking heavily... harrassing strangers passing by
[11:41] {magoo} i want everyone to suffer with me
[11:42] {Onix} yes, misery loves company
[11:42] {cosmo} I'm hold out for geo-cosmic cataclysm....fwiw
[11:42] {Threei} cutting down trees so no one susspects a tree hugger in me
[11:43] {dino} and remember boys, gieing is easy, it's the living thats tough
[11:43] {dino} dieingh
[11:43] {dino} dieing
[11:43] {Threei} dying?
[11:43] {magoo} OY
[11:43] {Onix} that too
[11:43] {dino} ther it is, knew it looked wrong
[11:43] {dino} slap me peter
[11:44] {dino} so far 8 ball right 40 pts
06[11:44] * magoo slaps dino around a bit with a large trout
[11:44] {Threei} peter is not here today... he can't stand our spelling for more than two days in a row
[11:44] {dino} yahoo tells msft, "make us an offer", just a few months ago it was 35, lol
[11:45] {Onix} now I feel a little better: got .35 & .48 in UAUA
[11:45] {Threei} wow, nice exit
[11:45] {Onix} ty
[11:46] {lisa_jay} In from where Onix?
[11:46] {Onix} 15.02
[11:46] {lisa_jay} Wow, nice entry.
[11:46] {Onix} ty
[11:46] {Threei} if you watched UAUA just now, you saw teleportation setup
[11:46] {Threei} quick to .31 and right back above .40
[11:47] {Onix} yes, quite crazy sometimes
[11:47] {magoo} whreres q eresistance?
[11:47] {Threei} same .20 as before
[11:47] {dino} gj onix
[11:47] {cosmo} hmmm ...UAUA and teleportation....
[11:47] {Threei} look at 1 min UAUA
[11:47] {Threei} see those long tails?
[11:49] {Threei} OK, Qs
[11:50] {Threei} preparing breakout
[11:50] {Threei} .21 long
[11:50] {Threei} low of current pullback will show the stop level
[11:51] {magoo} and then q next level vad?...34?
[11:52] {Threei} depends...
[11:52] {Threei} can't tell for now
[11:52] {lisa_jay} Current low .06 Vad?
[11:52] {Threei} yes but I would like to see somewhat higher consolidation
[11:52] {Threei} so we could place tighter stop
[11:53] {Threei} JPM
[11:53] {Threei} RETAIL CHIEF: WE DO NOT SEE MUCH GOOD NEWS WHEN IT COMES TO CONSUMERS - WEBCAST
[11:53] {Threei} sigh
[11:54] {Threei} every time market tries to do asomething, some of these endlessly yapping guys comes out and spoils everything
[11:54] {Threei} anyone got this one on UAUA?
[11:55] {Threei} or you don't oay attention?
[11:55] {magoo} too fast vad
[11:56] {cosmo} 15.15 tail?
[11:56] {Threei} yes
[11:56] {Threei} .18 -.19 was obtainable
[11:56] {cosmo} k
[11:56] {Onix} got busy with an urgent email and missed that one
[11:56] {magoo} anyone like USO long?
[11:57] {Threei} .26 in UAUA
[11:58] {Threei} .46 out
[11:58] {Onix} wtg boss!
[11:58] {lisa_jay} Why does it not teleport when I am in?
[11:58] {Onix} exactly!?
[11:58] {Threei} one time when I had a chance to post it as close to real time as this tactic allows
[11:59] {Threei} how do you enter lisa?
[11:59] {Threei} if you watched this one, have you seen this move under .30?
[11:59] {lisa_jay} .00 break....never tried your way.
[11:59] {Threei} absolutely out of nowhere
[11:59] {Threei} well, that's different approach altogether
[11:59] {lisa_jay} yes
[12:00] {Threei} this one is not so clear cut
[12:00] {Threei} since it goes with market
[12:02] {Threei} in
[12:02] {Threei} stop under .10
[12:02] {magoo} how many shares?
[12:02] {dawg} in
[12:03] {Threei} I do 1000
[12:03] {Threei} stops are tight enough with this tactic
[12:03] {Threei} out
[12:03] {dawg} out
[12:03] {Threei} comparing notes dawg?
[12:03] {Threei} whathca got?
[12:04] {Threei} .17 - .19 here
[12:04] {dawg} 200 shares out .31
[12:04] {Threei} with exit .29 and .31
[12:04] {dawg} yes
[12:05] {tomg} in .18 and out .32 ty vad
[12:05] {dino} gj
[12:05] {Threei} wtg tom
[12:05] {Geo} my univ which is rather well funded put in a hiring freeze till 1st july
[12:06] {Threei} this is making my day guys
[12:06] {Threei} not hiring freeze
[12:06] {Threei} lol
[12:06] {dino} you guys are doing well
[12:06] {magoo} in now?
[12:06] {Threei} I mean, seeing how you find plays using mehtodology I decsribe
[12:06] {magoo} oh
[12:06] {Threei} instead of simply going with my calls
06[12:06] * Geo has one more month of only vad's calls
[12:07] {Threei} now... meHTodology? deCSribe?
[12:07] {Threei} can you say dyksleqsik?
[12:07] {lisa_jay} Vad, do you lay out the exit?
[12:07] {Threei} usually not,
[12:08] {Threei} keep exit price about 5-7 cents above entry and keep finger on sell button
[12:08] {ese} outta here.....just a watchin day for me....have a great rest of the day everyone.
[12:08] {Threei} take care ese
[12:08] {ese} see ya vad
[12:09] {Threei} missed this time UAUA while yapping
[12:09] {dawg} got it at .11
[12:09] {Threei} out?
[12:09] {dawg} in
[12:09] {dawg} in
[12:09] {Threei} no, I mean out yet?
[12:09] {dawg} oh, no still in but doesn't look good
[12:10] {Threei} market drops
[12:10] {Threei} keep .05 stop
[12:10] {dawg} thanks OK
[12:10] {Threei} better get shaken out than caught into big drop
[12:11] {dawg} yes thank you
[12:12] {Threei} should jump over .20 now with any market help
[12:12] {Threei} come on NQ
[12:12] {dawg} looking for .29 to greedy?
[12:13] {Threei} don't know... it's a highly fluid situation
[12:13] {dawg} OK
[12:13] {Threei} gotta evaluate it on second by second basis
[12:14] {Threei} here comes help
[12:14] {dawg} out .23
[12:14] {Threei} wtg
[12:14] {dawg} Thanks Vad.
[12:14] {Threei} welcome sir
[12:15] {Threei} good case this time,
[12:15] {Threei} was slow enough to allow real time comments on thinking process
[12:15] {Threei} well, if you can call this thinking
[12:15] {dawg} Yes with your coaching that was the key
[12:16] {lisa_jay} Selling off market.
[12:16] {Threei} that Qs setup may be back
[12:16] {Threei} with one more little bounce
[12:16] {dawg} Keeping eye out
[12:16] {Threei} .87 short if stays below 31
[12:17] {lisa_jay} adbe too Vad?..
[12:17] {Threei} when action slows down I will have one gereal coment on this UAUA tactic
[12:17] {Threei} yes ADBE
[12:18] {Threei} .27 short if stays under .45
[12:19] {magoo} i didnt realize we are 300 down
[12:20] {Chaeron} wow...was I lagged
[12:20] {Chaeron} am I here now?
[12:20] {Threei} yes
[12:20] {Chaeron} shoot
[12:20] {Chaeron} I mean, uh, great!
[12:21] {Threei} you just connected
[12:21] {Threei} [12:20] -RealityTrader.chat.server- *** Notice -- Client connecting on port 7044: Chaeron
[12:21] {Chaeron} thanks
[12:21] {Chaeron} I thought noone was chatting and was in limbo the whole time... miss anything?
[12:21] {Threei} let's see when you lost the room
[12:22] {Threei} [11:43] -RealityTrader.chat.server- *** Notice -- Client exiting: Chaeron (RealityTra@XXXXX.oc.oc.cox.net) [Connection reset by peer (TCP/IP connection broken)]
[12:22] {dawg} in Q's
[12:22] {lisa_jay} Both triggered
[12:22] {Threei} 40 minutes... I'll say
[12:22] {dptl} in .87
[12:22] {dawg} yes
[12:22] {Threei} ok market
[12:22] {Threei} let's flush
[12:22] {Threei} or as some politicians would say, flush baby flush
[12:23] {Threei} too sharp...
[12:23] {Threei} hate it when they move so sharply yet don't reach 1:1
[12:24] {Threei} getting torn between waiting for normal r/r and taking profit on a sharp move
[12:25] {Threei} ok, better
[12:25] {_maga} I'm in ADBE short from .27
[12:25] {_maga} am I correct?
[12:25] {Threei} yes
[12:25] {_maga} ok
[12:25] {dino} -9.5% since tues close
[12:26] {Threei} cover half at least here ADBE
[12:26] {Threei} stop to above .30
[12:26] {dino} should be setting up buy the dips
[12:26] {dawg} out first half .78
[12:27] {dawg} 1:1 Q's
[12:27] {_maga} ADBE .12 to me full out ( for commission...)
[12:27] {Threei} ohhh
[12:27] {Threei} forgot you opay those insane rates
[12:28] {_maga} yes.... but not forever..
[12:28] {_maga} tx Vad
[12:30] {Threei} new lows
[12:30] {dptl} ou qqqq.75 ty
[12:30] {Threei} :)
[12:31] {lisa_jay} Thanks Vad, got 7 and 8c on Q's and ADBE...did not mange trade properly.
[12:32] {Threei} ok... consider it a confiodence builder... you get free pass for now :)
[12:32] {lisa_jay} Wow, left a lot on the table..oh well.
[12:33] {dawg} still in half Q's out here Vad?
[12:33] {Threei} no, I closed
[12:34] {dawg} OK i'll close out too
[12:34] {Threei} with my yapping, I was a little late on entry, so risk was somewhat higher than I like
[12:34] {dawg} ah
[12:38] {lisa_jay} Wow, ADBE broke 25.
[12:41] {Threei} some bounce isa bound to happen now but we are not done selling yet
[12:42] {amarg} bounce today?
[12:42] {magoo} .
[12:42] {Threei} right now, already in progress
[12:42] {Threei} don't chase anything
[12:43] {magoo} uaua vad?
[12:43] {Threei} can't tell here mags
[12:46] {dino} 9653 to 8754 in dan and half
[12:46] {dino} wow
[12:46] {dino} day
[12:47] {magoo} maga or mags boss?
[12:47] {Threei} s
[12:48] {dino} maybe w/obama markets never go up
[12:48] {amarg} The potential bounce you earlier mention in progress, was that in overall market, or a particual stock?
[12:48] {dino} so in 10 days at zero
[12:48] {Threei} market and those stocks that follow it
[12:48] {Threei} like ADBE
[12:49] {Threei} I like the thought dino
[12:50] {dino} thought youwould
[12:51] {amarg} good call vad on the bounce, now will you let me know when its ready to turn the other way
[12:52] {dino} of course he will amarg
[13:06] {_maga} a
[13:07] {hawkfan4} b
[13:07] {Threei} ok
[13:07] {magoo} s
[13:07] {Threei} I am game
[13:07] {Threei} c
[13:07] {Threei} magoo, go study alphabet
[13:08] {Threei} or I am telling peter
[13:08] {_maga} with the music..
[13:09] {magoo} no what sux..we never learned it backwards...and they use that as a dui test..say alpha backwards..heck, i cant do that sober
[13:09] {lisa_jay} Lol
[13:09] {Threei} Ok... I will never ever let you know that I can't do it either way... backwards or forward
[13:10] {Threei} beyond first 8 letters
[13:10] {Threei} which I know because I used to play chess
[13:11] {magoo} king to queens level 3
[13:13] {Threei} CALIFORNIA GOV: CALIFORNIA WILL RUN OUT OF CASH BY FEB, WILL LOOK FOR TAX SALES INCREASE TO OFFSET SCHEDULED $11.2B DEFICIT
[13:13] {Threei} cosmo, geo, chaeron... hurry to make major purchases
[13:14] {Threei} who else is in Cal
[13:14] {Geo} crap
[13:14] {Geo} my sequioa
[13:14] {Geo} i am moving to washington
[13:17] {Threei} not sure what happened with LVS
[13:17] {Threei} CNBC'S GASPARINO: GS MAY LIKELY DISCLOSE FIRST LOSS SINCE BECOMING PUBLIC COMPANY IN UPCOMING REPORT
[13:18] {amarg} uaua bounced up and down back in middle again, from graph looks long term buy?????
[13:18] {Threei} what time frame?
[13:19] {Threei} daily? intraday?
[13:20] {amarg} intraday in middle, daily seems like a buy, if it breaks around 16 you think?
[13:20] {Threei} I can't answer in general, too many variables
[13:20] {amarg} but it may be down now due to overwhelming weight of market
[13:20] {Threei} how does it go to 16, in a slow steady way or in a sarop spike?
[13:21] {Threei} what is pil doing at the moment?
[13:21] {Threei} what is general market doing at the moment?
[13:21] {amarg} I was looking at the graph, latest daily pull back is on declining volume
[13:22] {hawkfan4} WFMI interesting on 11 break maybe
[13:22] {Threei} problem with UAUA is, it's not your usual stock
[13:22] {Threei} it's a major airline subjected to so many external factors
[13:23] {Threei} you can't fully rely on charts alone
[13:23] {Threei} take a look at daily,
[13:23] {Threei} run from under 4 to 16
[13:23] {Threei} was there much in charts to indicate that?
[13:23] {Threei} then drop all the way back to 5
[13:24] {Threei} to 16 again
[13:24] {amarg} i see
[13:24] {Threei} wth going on with LVS
[13:25] {laserdave1} maga dcc
[13:25] {amarg} by the way, curious, at 11.42 when everthing was headed down, what indicator gave you a reading that market is ready to reverse?
[13:26] {Threei} 12:42 you mean
[13:26] {Threei} EST
[13:27] {Threei} NQ made little double bottom, started breaking the peak between two bottoms
[13:27] {Threei} really felt like market was going to get some relief
[13:28] {Threei} but nothing outstanding, selling never became climactic
[13:28] {Threei} so it was mostly: close short, don't go long, wait for new setups to shape up
[13:28] {amarg} 12.42est right, NQ is nasdaq I guess
[13:31] {Threei} right
[13:32] {_maga} laserdave1 did you say something to me? what "dcc" is?
[13:32] {Threei} private message maga
[13:32] {Threei} doubleclick on his nick, you will see it
[13:32] {_maga} ah ...tx
[13:33] {Threei} (RU) RUSSIAN DEPUTY PM: OPEC WILL DISCUSS AN MOU WITH RUSSIA IN DECEMBER
[13:33] {Threei} jeez
[13:33] {Threei} look at LVS
[13:34] {Threei} this thing hurt a lot of people today I bet
[13:34] {lisa_jay} Yup
[13:36] {lisa_jay} We sure had some good times with LVS while it lasted.
[13:36] {Threei} next bus is always around the corner
[13:38] {dino} going for -500 again
[13:43] {dino} drys...canter cuts to hold 12:33 pm
[13:43] {dino} thanks guys, we are only down from 120
[13:43] {dino} value added
[13:43] {Geo} hi does any one use a good pc timer........? i want to set some alarms
[13:44] {dino} nope
[13:44] {Threei} alarms?
[13:44] {lisa_jay} ha
[13:44] {Geo} as in 10 mins befor close etc
[13:44] {Threei} as in, intraday signals or kind of scheduling thig?
[13:44] {Threei} oh
[13:45] {Geo} i get distracted at work
[13:45] {Threei} try Swift to-do list
[13:45] {Threei} it has free version
[13:45] {Threei} set reminder with sound and pop up,
[13:45] {Geo} yup thats what i want
[13:46] {Geo} thanks
[13:46] {Threei} every day when alarm goes off it offers you an option to remind you again next day
[13:46] {Geo} hmm they seem to have som e cool stuff
[13:46] {Geo} TY vad
[13:47] {Threei} tell me if you find something else... I never looked :)
[13:47] {Threei} my to-do list has some permanent things like
[13:47] {Threei} - don't forget to make money today
[13:47] {Geo} i like smartsleep www.dextronet.com
[13:47] {Threei} - end of the world, check whether it's today or rescheduled
[13:48] {Onix} lol
[13:48] {Threei} one I canceled recently was:
[13:49] {Threei} swear at Alan Greenspan, 10 am every day
[13:49] {Onix} you don't like Uncle alan?
[13:49] {Threei} nope
[13:49] {Chaeron} Obama is goin got have him in his cabinet
[13:50] {Chaeron} (teasing)
[13:50] {Geo} lol
[13:52] {Threei} tight slow market
[13:52] {Threei} we know what comes next right?
[13:53] {lisa_jay} ?
[13:54] {Threei} violent move
[13:54] {magoo} 2pm crash
[13:54] {Chaeron} I wasw goin got say loose and fast
[13:54] {Geo} wow i just got an email from TTn saying they were increasing my sub to 95
[13:54] {Geo} hmmmm
[13:54] {Geo} you guys got it?
[13:55] {magoo} actually..2 pm is more contra hour
[13:56] {magoo} as in up today
[13:56] {Onix} is this a head-fake breakout with a crash to follow soon?
[13:56] {magoo} contrary move hour
[13:56] {Threei} anyone's guess onix
[13:56] {magoo} then down after 3
[13:56] {Threei} magoo probably got it right
[13:57] {magoo} magoo faints after readinbg vads post
[13:58] {Chaeron} me too... sign of end of times...
[13:59] {dino} anything can happen
[13:59] {Chaeron} yeah, but magoo being right??
[13:59] {Threei} oh come on
[13:59] {Chaeron} (you know I'm teasing bro)
[13:59] {Threei} I saw a flying cow yesterday
[13:59] {magoo} l rimm .70
[13:59] {Chaeron} during tornado season doesn't count
[14:00] {Threei} well, why can't nmagoo be right suring that same season?
[14:00] {magoo} 49.24 target
[14:00] {laserdave1} dcc maga and magoo
[14:00] {dino} lol chaer
[14:01] {Threei} dave, make up your mind
[14:01] {Threei} maga, magoo... next thing you'll ask maguette to talk to you
[14:02] {Threei} bastid won't even lower himself to respond to me eh?
06[14:02] * Threei slaps laserdave1 around a bit with a large trout
[14:03] {magoo} we arte busty talking about you badly
[14:03] {Threei} oh that I don't doubt
[14:03] {Threei} don't mind either
[14:04] {Chaeron} hope you're not "busty" magoo... if so, lay off beer for a bit
[14:04] {dino} roflol
[14:04] {Threei} now it's my turn to faint
[14:05] {magoo} oops, darn typing
[14:05] {Threei} dying laughing here
[14:05] {Chaeron} and do some pushups for goodness sake
[14:05] {Threei} good one chaeron, I missed that
[14:05] {magoo} dieghing laugh here
[14:05] {magoo} kicking rimm here
[14:06] {magoo} saw 49 prints
[14:06] {lisa_jay} UAUA double bottom Vad?
[14:08] {Threei} not sure what to make of it
[14:08] {Threei} magoo
[14:08] {Chaeron} it's official: "worst post-election market performance in US history"
[14:08] {Threei} something's wrong
[14:08] {Threei} RIMM doesn't follow market as it should
[14:08] {Threei} be careful
[14:08] {magoo} yeah..aapl went a point here
[14:08] {Threei} really chaeron?
[14:08] {Chaeron} yep... just heard on radio news
[14:09] {Geo} guys when you have time.... does anyone else use TTN and are rates going up too?
[14:10] {Threei} geo, why don't you e-mail or call Joe and talk to him?
[14:10] {Geo} do we have a room rate vad before i call
[14:10] {Threei} there is a discount if you signed up through our banner
[14:10] {Chaeron} 401K's slated to be taken by feds and placed more likely in US Bonds... whooopee... 2-3% guaranteed... all that capital going to the govt???
[14:10] {Geo} i did
[14:10] {Geo} ok TY
[14:11] {Threei} I don't remember the %, go to member area and look please
[14:11] {Geo} will do thanks
[14:11] {Threei} chaeron, I read it was one suggestion
[14:11] {Threei} to be discussed
[14:11] {Threei} I find it hard to believe they would do that
[14:11] {Chaeron} of course... nothing firm... thinking of consequenses
[14:12] {Threei} just imagine all the seling that hits the markets
[14:12] {Chaeron} I know that
[14:12] {Threei} I mean, if we have people at the helm who really want to finish this thing off...
[14:12] {Chaeron} but knowing that, why would they even suggest? It shows knee-jerk reactions to problems already... no thought before suggesting
[14:13] {Threei} then, as outgoing prez said, "this sucker is going down"
[14:13] {Chaeron} you still want to get that tiki bar and run it in Bora Bora with e Vad?
[14:13] {Chaeron} me
[14:14] {Threei} only if I get to drink while pour
[14:14] {Chaeron} like I care
[14:15] {dino} goes w/o saying
[14:15] {Chaeron} dino and magoo going to run the fishing boat for the tourists?
[14:16] {Threei} that's dptl
[14:16] {Threei} dino and magoo will probably want to run housing accomodations
[14:16] {dino} yes, that will be fine
[14:17] {Geo} can i run the hoochy house?
06[14:17] * Geo is an upright kinda guy
[14:17] {Threei} we will need madam as well?
[14:17] {magoo} geos wife
[14:18] {dino} uh oh
06[14:18] * lisa_jay slaps Geo around a bit with a large trout
06[14:18] * lisa_jay slaps magoo around a bit with a large trout
06[14:18] * lisa_jay slaps Threei around a bit with a large trout
[14:18] {dino} magoo deserved that
06[14:18] * lisa_jay slaps dino around a bit with a large trout
06[14:18] * lisa_jay slaps Chaeron around a bit with a large trout
06[14:18] * Threei crawls under the nearest rock
[14:19] {magoo} magoo kicks him out..find own rock
[14:19] {Geo} tch tch magoo
[14:19] {Geo} i am doing this all to escape the wife
[14:19] {Geo} why you bringing her there?
[14:19] {magoo} u are right geo..she should work it instead lol
[14:19] {dino} good point
06[14:20] * Threei crawls under the next rock, but not before barricading magoo's rock with wall of mud
[14:21] {dino} you remind me of patrick on sponge bob
[14:24] {Geo} ..
[14:24] {magoo} uh..c?
[14:24] {dino} aciw
[14:25] {Threei} SEN DODD REPORTEDLY BELIEVES THAT THE ABILITY TO PARTICIPATE IN TARP PROGRAM WAS PROVIDED TO AUTOMAKERS
[14:25] {Threei} huh?
[14:25] {Threei} they don't know?
[14:25] {Threei} they "believe"?
[14:26] {Threei} too much brain power went into inclusion of wooden arrows in TARP?
[14:27] {magoo} stopped rimm .58.-.12
[14:27] {Threei} I swear, of all govermental programs of all times and nations, none was screwed up so badly as this
[14:29] {dino} give them time they will compound the screwiness
[14:29] {Onix} it is more clear than ever before that they have no clue what they're doing
[14:30] {dino} if it wasn't an election year, they would've let capitalism work itself out
[14:30] {Onix} unless Paulson quickly wanted to help out all his buddies at GS etc. before the world comes to an end
[14:31] {dino} still amazed they all keep their jobs
[14:32] {dino} up or down?
[14:32] {dino} up i say, end day -150
[14:33] {dino} ask me why vad
[14:33] {amarg} how did you come up with that dino?
[14:33] {dino} why not
[14:33] {lisa_jay} May by sell off last hour and your -500?
[14:34] {dino} indeed, lisa, indeed
[14:34] {dino} but it may not too
[14:34] {Threei} most likely, yeah
[14:35] {amarg} 20 minutes ago I thought it was headed to close at -150 but it's reversed
[14:35] {Onix} no, everyone expects another sell-off, so they will run it up today ... ha-ha
[14:36] {dino} we may do both
[14:37] {dino} ok, finally out deck .30, +1.25
[14:37] {lisa_jay} Great.
[14:37] {lisa_jay} Job
[14:37] {dino} ty
[14:37] {magoo} vad u believe this guy?? +buck
[14:37] {Onix} you totally amaze me dino!
[14:37] {Threei} ")
[14:38] {dino} just lucky, and of course, all that clean living
[14:38] {Onix} i wish i had some of your guts
[14:38] {Threei} some?
[14:39] {Onix} actually oall or more
06[14:39] * Threei provides Onix with anatomy atlas so he could pick which ones he wants
[14:39] {Onix} roflol
[14:39] {lisa_jay} :-)
[14:39] {magoo} he could spare some of it believe magoo
[14:39] {Threei} hmmm
[14:39] {Threei} we are in rally mode now?
[14:40] {magoo} [14:35] {Onix} no, everyone expects another sell-off, so they will run it up today ... ha-ha
[14:41] {magoo} [14:39] {magoo} he could spare some of it believe magoo
[14:42] {dino} you don't have to say it twice magoo
[14:44] {magoo} but i doi
[14:44] {magoo} look rimm vad...bastard
[14:44] {Threei} yeah
[14:44] {dino} kbr l .75
[14:46] {dino} having data issues w/quotes
[14:46] {Threei} need quotes?
[14:46] {magoo} yeah..i refuse to yell them
[14:46] {Threei} KBR .70 .71
[14:48] {dino} ty back
[14:50] {Threei} watch UAUA if NQ spikes
[14:50] {Threei} has a run to about .20 from hgere
[14:50] {magoo} in
[14:51] {Threei} .03 here
[14:51] {magoo} 08
[14:52] {dawg} .05 here
[14:52] {Threei} come on market one more sharp spike
[14:52] {Threei} good boy
[14:52] {Threei} your turn UAUA
[14:53] {dptl} in .07
[14:54] {dino} one more? stii have 150 to go
[14:54] {Threei} I won't mind
[14:55] {Threei} ugh
[14:55] {magoo} the ONLY time tried it
[14:55] {dptl} out.....bad day ...baddddd
[14:58] {Onix} now this market is totally confused!
[15:05] {cosmo} we need the obama rescue plan
[15:05] {magoo} hardly..tankng is it
[15:07] {Threei} SEC CHMN COX MAY LEAVE POST 'SOON' -WSJ
[15:09] {dino} the 150 went the wrong way
[15:10] {lisa_jay} Selloffs are happening so fast...The longs set up..and then bam selling.
[15:14] {magoo} come on mav...engage
[15:16] {elpaso} dec 330 straddle in goog would be $6100
[15:18] {elpaso} sorry, wrong board
[15:18] {wishbone} it's no good goose...no good
[15:18] {Threei} Short Setup: QQQQ .69 if stays below .75
[15:19] {Threei} trying to find shoert entry for the final flush
[15:19] {Threei} may take a few tries
[15:19] {Threei} invaidated
[15:19] {dino} beat
[15:20] {cosmo} as we descend, so shall we ascend
[15:21] {dino} final flush? call joe the plumber
[15:21] {Onix} way deep :)
[15:22] {Threei} oh I am going to miss that guy
[15:22] {Geo} youll find him on billboards soon :)
[15:22] {Geo} http://abcnews.go.com/Entertainment/story?id=6166492&page=1'
[15:23] {magoo} he will end up being spokesman for liquid draino
[15:23] {dino} up 3i, dino's call
[15:26] {dino} wrong
[15:29] {Onix} yet no capitulation hey?
[15:29] {Threei} we have 30 minutes more
[15:30] {Threei} Joe is circling around
[15:30] {Threei} with plunger in hand
[15:30] {Onix} and a BIG hammer in the other hand
[15:32] {Threei} US TREASURY REPORTEDLY REVOKES IRAN'S "U TURN' LICSNSE IN BANKING TRANSACTIONS
[15:32] {cosmo} wha?
[15:33] {Threei} here comes Joe
[15:33] {Onix} hope flushes the system well
[15:34] {Threei} wow... market is still resisting
[15:36] {Threei} hard to imagine it holding this support
[15:36] {Threei} stranger things happened of course...
[15:37] {Threei} but I'd place odds of sharp seloff at 9:1
[15:38] {amarg} is that 9 times likely that there may be a sell off??
[15:38] {Onix} Vad, you know the symbol for the Toronto Stock Exchange to use with Laser?
[15:38] {dino} bam
[15:38] {Threei} you need to sign up for TSX feed
[15:38] {Threei} it's separate one
[15:38] {Threei} and fairly expensive, thank you canadian regulators
[15:39] {Onix} o yes i saw that
[15:40] {dino} theres the -500, going to be tough to get my -150
[15:40] {Onix} just thought there may be something like $TSX or $TSE that i could use to watch the index on Laser
[15:41] {dino} -10.5% since tues. close dji
[15:42] {Threei} not that I know... but ask dave
[15:42] {Onix} thanks
[15:42] {_maga} Vad, could today SOLF be a C&H ?
[15:43] {Threei} you mean if it breaks 6.90 - 7 area?
[15:44] {_maga} yes
[15:44] {Threei} yes, but I truly doubt it can happen in remaining 15 minutes
[15:50] {Onix} "Ring-a-ring-a-rosies, pockets full of posies, hush-hush, we all go DOWN!"
[15:53] {dptl} have a good evening all
[15:57] {Threei} take care dp
[15:58] {Onix} this was not a good trading day .. can only hope for something better for tomorrow
[15:58] {Onix} all the best until then
[15:58] {Threei} what is it that you fo guys
[15:58] {Threei} I go over calls, they are positive
[15:59] {Threei} take care all, see you tomorrow
[15:59] {_maga} bye
[15:59] {dino} out kbr .35 -.40
[16:02] {dino} qcom
[16:02] {Threei} REPORTS Q4 $0.52 V $0.60E, R $3.33B V $2.86BE (UNCLEAR IF COMPARABLE)
[16:07] {Threei} shorted dino?
[16:07] {magoo} i did vad
[16:07] {Threei} good one
[16:07] {magoo} sh 31.58 out 30.38
[16:07] {Threei} me too but took profit a bit too soon
[16:07] {magoo} me too
[16:07] {Threei} beautiful
[16:07] {Threei} wtg
[16:07] {magoo} saw 29.80
[16:08] {magoo} BRL vad?
[16:08] {dino} no
[16:11] {Threei} it reported before market
[16:20] {dino} gn all, having dsl issues
[16:20] {magoo} me too