Beautiful calm strong day. Not much of hectic action except last 10-15 minutes. Just one small stop at the beginning of day, the rest of trades worked like charm, and many for much more than scalps. Notably, GG for $1, QQQQ for 50 cents, etc. Nice to see normal action for a change. Got a whiff of what was coming early:
{10:09} my impression of market action is, it wants to climb the wall of worry today. Barring news, feels like we are in for a nice upside move
... and stayed with it, catching second leg of the rally just in time:
{13:58} feels like market gathering forces and probing ground for another powerful rally. One more pullback is likely before main push comes.
Worked out like a clockwork.
Session Time: Mon Nov 24 00:00:00 2008
[08:20] {Threei} 11/23/08 11:31pm
[08:20] {Threei} [C] Citigroup Inc *WSJ REPORTS US GOVT MOVES TO GUARANTEE $300B IN COMPANY'S TROUBLED ASSETS
[08:20] {Threei} - The government plans to inject a further $20B in Citigroup, although it will charge a higher interest rate for the injection (8% for first few years).
[08:57] {wishbone} gm
[08:57] {Threei} wishbone :)
[08:59] {hawkfan4} good morning
[09:00] {KSystems} Good morning!
[09:00] {Threei} KS :)
[09:00] {Threei} hawk :)
[09:01] {lisa_jay} Good morning.
[09:02] {Threei} lisa :)
[09:07] {Geo} gm
[09:08] {Threei} Geo :)
[09:09] {Threei} US PRESIDENT BUSH WILL REPORTEDLY MEET WITH TREASURY'S PAULSON AND ISSUE STATEMENT AT APPROX 10:35AM
[09:09] {cosmo} wonderfull...
[09:09] {Threei} yeah
[09:10] {Threei} "after long and torturous negotiations we came to conclusion that Chicago hot dog is preferable to New York steak"
[09:11] {Threei} that would give marjet a clear message that all is fine
[09:11] {ese} good morning all
[09:11] {Threei} ese :)
[09:11] {cosmo} i used to read the news... now i read the Desiderata
[09:11] {Threei} C CFO: REITERATES THAT CITI REMAINS WELL CAPITALIZED, CAN "NEVER SAY NEVER" REGARDING THE NEED FOR FURTHER CAPITAL INJECTIONS - CNBC INTERVIEW
[09:12] {lisa_jay} My platform gives message: RULE 48 invoked today .
[09:13] {ese} OHHHH NOOOO!!!!! Paulson to speak again........prepare for the 1000pt tank in the market....can't the 2 of them just shut up for a while....
[09:13] {Geo} you have to prepay your stock taxes lisa
[09:13] {lisa_jay} :-)
[09:16] {Threei} C will probably be one of the most promising (and dangerous) players today
[09:17] {dino} gm all
[09:17] {Threei} dino :)
[09:18] {dino} hotdogs vs steak, interesting conversation today
[09:18] {Threei} gotta start a week somewhere...
[09:19] {Threei} and this is short one
[09:19] {cosmo} turkey dogs?
[09:19] {Threei} so I try to cover a lot of topics in a shortest time possible
[09:23] {dino} had hotdogs and beans at hunting cabin last night, have to say, i've missed them
[09:24] {dino} so the big question, does the open gap up get filled as usual/
[09:25] {Threei} they've been filled so regularly for so long, at some point market should stp doing that in order to kill too comlacent traders that xcontinue bet on it
[09:25] {Threei} whether it's today or not is anyone's guess of course
[09:25] {Threei} but feels like we have a good chance today
[09:26] {cosmo} QID investors beware..
[09:27] {Threei} anyway, let's not guess and go with action
[09:27] {Threei} market acts especially nasty on Mondays lately
[09:27] {Threei} a lot of chop chop
[09:28] {dptl} good morning all
[09:28] {Threei} dp :)
[09:28] {dino} we must make lots of $ today so we can tease magoo for slacking off
[09:29] {Threei} where is he?
[09:29] {Threei} deer hunting?
[09:30] {Threei} C bounce off 5.70
[09:31] {ese} L.. AAUK .48
[09:32] {Threei} if not losing 5.90 anymore, 6 break is long trigger
[09:34] {Chaeron} Good morning all
[09:34] {Threei} chaeron :)
[09:35] {ese} CCCCCHHHHHH.....
[09:35] {ese} that felt god
[09:35] {ese} hadn't done that in a while
[09:35] {Geo} filled .02 stopped
[09:36] {ese} out aauk......-.02
[09:36] {ese} thought it had enough to strength to carry on up
[09:37] {lisa_jay} stopped c
[09:37] {Chaeron} hey ese... :)
[09:37] {Threei} market is locked in 5 points range
[09:37] {ese} ch
[09:37] {Threei} neds break to define direction
[09:40] {dino} needs gap fill imo
[09:40] {Threei} ADBE strangely strong
[09:41] {Threei} Long Setup: ADBE 22.10 break if stays above 21.9o, with market bounce
[09:43] {dino} bj, mcd, wmt all going neg
[09:44] {ese} LOng Hero .81
[09:44] {ese} 1/2
[09:45] {ese} stop .69
[09:46] {dino} uso dropping es
[09:47] {ese} ya
[09:47] {ese} not lookin god here
[09:48] {Threei} ok market, let's bounce some
[09:48] {Threei} hardcore scalpers can keep ADBE stop around .95
[09:49] {dino} wmt sm l .70, stop lod
[09:53] {ese} want Hero to bounce like USO.....
[09:55] {Threei} masrket is in bad need of some coffee
[09:56] {ese} indeed
06[09:56] * Threei kick ADBE in the rear
[09:56] {Threei} and I am in bad need of typing lessons
[09:57] {Threei} did I manage any single line today with less than 2 mistypes?
[09:57] {ese} Mavis Beacon typing program.....my daughter is using it
[09:58] {ese} Ok uso bouncing....what about HERO??
[09:58] {Threei} Attention: ADBE half out here
[09:58] {dino} all this hero talk making me hungry
[09:58] {Threei} scalpres take your profits
[09:58] {ese} ack acka dak....dak acka ack.......sometimes works
[09:59] {Chaeron} took +0.12 on ADBE in at .11, out at .23 Thanks Vad
[09:59] {dino} all sam l .25
[09:59] {Threei} stop for the balance to ynder 22.05
[10:00] {lisa_jay} 10c ADBE thanks Vad
[10:00] {Threei} OCT EXISTING HOME SALES: 4.98MM V 5.00ME
[10:00] {peterg} hello all
[10:00] {Threei} peter :)
[10:00] {ese} peter
[10:01] {Threei} stop to under 22.10
[10:01] {peterg} yo es
[10:01] {dino} hod
[10:03] {wishbone} vad what time did you enter ADBE?
[10:03] {ese} shoulda been in USO
[10:04] {Threei} 9:42:43
[10:04] {wishbone} ok ty
[10:05] {Threei} Long Setup: GG .40 break smaller shares, stop under .20
[10:07] {ese} wishbone.....I need ya baby....break it down the middle and give me the biger half for HERO
[10:07] {Threei} lol
[10:07] {wishbone} ?
[10:07] {Threei} you guys have been drinking heavily this weekend, haven't you
[10:08] {Threei} ese means your nick, wish :)
[10:08] {ese} the wishbone man the wishbone.......it's a good luck thing
[10:08] {wishbone} ya//lol
[10:08] {wishbone} i suddenly have craving for turkey ese!
[10:09] {ese} me also!!!
[10:09] {Threei} my impression of market action is,
[10:09] {Threei} it wants to climb the wall of worry today
[10:09] {ese} hmmmmm
[10:09] {Threei} barring news, feels like we are in for a nice upside move
[10:10] {Threei} Attention: GG stop to under .30
[10:10] {dino} now why do you have to say it like that
[10:10] {ese} theres that touchy feely thing from Vad agaqin.....
[10:10] {Threei} half out
[10:10] {Threei} not a scalp for me
[10:11] {Threei} want it over 27 for full out
[10:11] {ese} HERO to the rescue
[10:11] {Threei} I am a very touchy-feely type, dino, yeah :)
[10:11] {lisa_jay} Thanks Vad, got 28c on GG.
[10:11] {Threei} good job lisa
[10:12] {wishbone} gg +34 ty3i
[10:12] {Threei} HSBC CHMN: WOULD NOT RULE OUT BUYING CITIGROUP ASSETS
[10:12] {Threei} {HBC}
[10:12] {Threei} welcome wish
[10:13] {dino} out wmt .20, +.50
[10:13] {Threei} nice
[10:13] {lisa_jay} nice one
[10:14] {dino} ty
[10:14] {Threei} Long Setup: QQQQ .51
[10:15] {Threei} stop under .40
[10:15] {Threei} for hardcore scalpers stop under .45
[10:17] {ese} Hero stop o break even .81
[10:22] {lisa_jay} gg over 27
[10:22] {Geo} still in half
[10:22] {Threei} waiting for last spike Geo
[10:22] {Geo} :)
[10:22] {lisa_jay} nice
[10:22] {Threei} but it's quite discretionary here
[10:22] {Geo} i am just triling stop
[10:22] {dino} afam sm l .00
[10:23] {Threei} tril baby tril
[10:23] {Geo} heheheh
[10:23] {Threei} Attention: QQQQ half out
[10:23] {Threei} scalpers out in full
[10:23] {ese} out HERO .03 +.21
[10:23] {ese} had to work that one....
[10:24] {Threei} work? Monday morning?
[10:24] {Threei} ewww
[10:24] {ese} wish i could do your kind of work all the time vad
[10:24] {Threei} come on guys, that WAS funny
[10:25] {ese} tukey it is wishbone!!!!
[10:25] {Threei} [10:22] {Geo} i am just triling stop
[10:25] {Threei} [10:23] {Threei} tril baby tril
[10:25] {Threei} sigh
[10:25] {Threei} {--- deeply underappreciated
[10:25] {Threei} out GG +$1
[10:25] {Geo} [07:23] {Geo} heheheh
[10:25] {Chaeron} only in the humor dept
[10:25] {Chaeron} oh, and singing
[10:26] {Threei} no, in singing department I am fairly hated
[10:26] {Chaeron} ah
[10:26] {Threei} anyone had guts to hold GG for a full dollar?
[10:26] {ese} not i
[10:26] {Chaeron} well, I took +0.14 on the Q's .. in .51 out .65 Thanks
[10:26] {Threei} pesky scalpers...
[10:27] {Geo} .37 10 .46
[10:27] {Geo} to
[10:27] {Geo} 1.09
[10:27] {Threei} Qs is almost at 1:2
[10:27] {patience} i am, on canadian side, up $3.30 so far, still holding
[10:27] {Geo} ty lord vader
[10:27] {Threei} welcome guys
[10:28] {Threei} 1:3
[10:28] {Threei} full out
[10:28] {ese} YA SURE .....AAUK!!!!!
[10:28] {Threei} PRESIDENT BUSH: FIRST STEP TO RECOVERY IS SAFEGUARDING THE US FINANCIAL SYSTEM
[10:29] {Threei} [10:09] {Threei} my impression of market action is,
[10:29] {Threei} [10:09] {Threei} it wants to climb the wall of worry today
[10:29] {ese} duhhhhhhhh!
[10:29] {Threei} [10:09] {Threei} barring news, feels like we are in for a nice upside move
[10:29] {Threei} can I go home?
[10:30] {Geo} work for the day off !
[10:30] {ese} you are home....
[10:30] {Geo} heheh that too
[10:30] {Threei} oh
[10:30] {Threei} ah OK
[10:30] {ese} you may go down to your crabbing dock though
[10:30] {Threei} I have day off next Monday
[10:30] {hawkfan4} and you can have thursday off too :)
[10:30] {Threei} lol
[10:30] {Threei} you are so generous
[10:30] {lisa_jay} afam nice Dino
[10:31] {lisa_jay} news: Gap did not fill
[10:31] {Threei} - Bush also noted that he has discussed the Citigroup decision with President-Elect Obama.
[10:31] {Threei} - so, how about that Citigroup?
[10:32] {Geo} i dont want citibank to fail
[10:32] {Threei} - yeah, quite something, isn't it
[10:32] {Geo} they have been good to my family
[10:32] {hawkfan4} that's just payback vad, cuz i'm still in C from your 4 break call friday afternoon
[10:32] {Threei} wow really?
[10:32] {hawkfan4} 4.03
[10:32] {hawkfan4} it's a beauty
[10:32] {Geo} wow hawk
[10:33] {Threei} I'll never understand where you get the guts to hold that long :)
[10:33] {Threei} and over weekend
[10:33] {hawkfan4} lucky, could've gone completely the other way
[10:33] {Threei} with any kind of news development possible
[10:33] {Geo} 10 lots hawk?
[10:33] {hawkfan4} lol, 1.5
[10:34] {Threei} so, are you planning on selling ever?? :)
[10:34] {hawkfan4} lol, yes, gonna sell some soon
[10:35] {dino} out all .85, +.6-
[10:35] {dino} .60
[10:35] {Threei} wtg dino
[10:35] {patience} you're having a good day dino
[10:35] {dino} ty, lucky
[10:37] {hawkfan4} out C + 2.01
[10:38] {Chaeron} nice hawk...
[10:38] {Chaeron} guysy
[10:38] {Chaeron} gutsy
[10:38] {patience} and gutsy
[10:38] {Geo} girlsy
[10:38] {Chaeron} "guysy" too... in a manly way
[10:38] {hawkfan4} thx, lol :)
06[10:38] * hawkfan4 slaps Geo around a bit with a large trout
[10:39] {Geo} nono that was for patience 3 bucks on GG
[10:40] {dino} wtg hawk
[10:40] {hawkfan4} oh, i c :) i take it back
[10:40] {hawkfan4} thx dino
[10:40] {patience} still holding basket of gold stocks, but ready to cut loose my silver wheaton
[10:41] {Threei} OPEC PRESIDENT: COOPERATION WITH OUTPUT CUT AMONG MEMBERS HAS BEEN 'EXCELLENT', WILL EVALUTE DEMAND SITUATION THROUGH EARLY DECEMBER
[10:41] {Threei} - Remarks that economic growth is important for OPEC
[10:42] {Threei} whose economic growth? OPEC's?
[10:43] {cosmo} it trickels down
[10:44] {cosmo} or is it up...
[10:45] {Threei} wow C
[10:48] {Threei} watch UAUA for teleportation pullback setup
[10:48] {patience} out slw +.60 got bored with it...not a good attitude today :)
[10:49] {Chaeron} yeah... .60 trades put me in a bad attitude too
[10:49] {Chaeron} :) nice one patience
[10:49] {Threei} C pulling back into support
[10:49] {patience} oh look, it dropped
[10:49] {dino} out afam .55, +.55
[10:50] {Threei} dino the money machine
[10:50] {dino} lol
[10:50] {patience} no kidding
[10:50] {Threei} don't forget to show it all to magoo
[10:50] {dino} :)
[10:50] {Threei} tease him to no end
06[10:59] * laserdave1 slaps Threei around a bit with a large trout
[10:59] {Threei} sneaky sneaky
06[11:01] * Chaeron slaps laserdave1 around a bit with a large trout
[11:04] {Threei} UAUA worth a try here
[11:04] {Threei} tight scalping stop
[11:04] {Threei} first strength
[11:05] {Threei} in .14
[11:05] {Threei} stop under .10
[11:13] {Threei} action slowed down to a crawl
[11:15] {dino} indeed
[11:17] {Threei} I am officially beaten as a master of stating the obvious:
[11:17] {Threei} EU'S BARROSO: WORLD ECONOMY IS ON THE BRINK OF RECESSION
[11:17] {hawkfan4} wow, i hadn't heard...
[11:18] {Threei} out UAUA +.11
[11:22] {patience} going hunting in su, eca and cnq
[11:25] {patience} out +.44 cnq
[11:27] {patience} oh foo, left some on the table
[11:27] {hawkfan4} nice
[11:30] {patience} gold moving again
[11:32] {patience} going to do an umbrella trade in gg, using options just for fun
[11:33] {Geo} umbrella trade?
[11:33] {patience} vad, your term
[11:33] {Threei} yup
[11:33] {Threei} Geo
[11:33] {Threei} back to textbook, wil ya
[11:33] {Geo} sheesh
[11:34] {Threei} scalping course printed manual
[11:34] {Geo} cant i just stay here and make money?
[11:34] {Threei} no
[11:34] {Threei} that doesn't involve suffering
[11:34] {Threei} and we want you to suffer
[11:36] {Threei} page 8-2
[11:36] {Geo} reading chapter 8 sniff
[11:36] {Geo} heheh
[11:36] {patience} gold is stalling, sigh
[11:38] {Geo} ok got it... (serves me right for skimming)
[11:38] {Geo} so what time frames you using patience?
[11:39] {patience} just quick (not) scalp
[11:39] {patience} hould have chosen energy sector for it instead
[11:39] {patience} should
[11:40] {patience} but just playing with it
[11:40] {Geo} TY
[11:42] {patience} too many trades on, 8 of them, tricky to watch so i'm eyeballing exits
[11:43] {dino} nothing here
[11:50] {Geo} sneaky google
[11:50] {Geo} http://www.webguild.org/2008/11/google-layoffs-10000-workers-affected.php
[11:50] {dino} mcd sm l .85
[11:50] {Geo} has 1/3 emps as temps
[11:53] {Geo} economic team to be formally announced in 7 mins
[11:53] {patience} good, have sold all but HGU and waiting for exit
[11:55] {ese} see ya tomorrow...i think
[11:55] {Threei} take care ese
[11:57] {patience} and the feedback on umbrella trade, using options....the stock advanced faster
[11:58] {patience} anybody else trading or am i just being a motormouth again today?
[11:58] {patience} vad, they all have me on igore
[11:59] {patience} vad, vad?
[11:59] {lisa_jay} no Patience.
[11:59] {Threei} lol
[11:59] {lisa_jay} Just wowed speechless
[11:59] {Threei} welcome to my world patience
[11:59] {hawkfan4} lol, just hanging out waiting for obama to speak
[12:00] {wishbone} my highscool physics classroom clock had a sign above it "time will pass....will you?"
[12:00] {wishbone} tic...toc
[12:00] {Threei} countdown to end of the world?
[12:00] {wishbone} whatever it is.....very slow
[12:00] {Threei} I heard it's 2012
[12:00] {patience} writing that one down for my daughter wishbone
[12:01] {wishbone} must've read that sign a thousand times
[12:01] {patience} did you pass?
[12:02] {wishbone} teacher haad a voice like ben stein...and he was excited about physics!!!!
[12:02] {wishbone} fortunately yes patience
[12:04] {Threei} PRESIDENT ELECT OBAMA FORMALLY ANNOUNCES HIS ECONOMIC TEAM
[12:04] {Threei} - Tim Geithner formally nominated for Treasury Secretary.
[12:04] {Threei} - Bill Richardson to be Commerce Secretary.
[12:04] {Threei} - Larry Summers to be Director of National Economic Council.
[12:04] {Threei} - Christina Romer to be head of Council of Economic Advisors.
[12:05] {dino} wasn't this already known?
[12:05] {Geo} stilll going thru the clinton baggage ic
[12:09] {patience} bkx likes it
[12:12] {dino} mcd stopped -.35
[12:13] {Geo} off to work.... 1X today... thanks vad....and see you all !!
06[12:13] * Geo geo taking umbrella to work
[12:13] {hawkfan4} cya geo
[12:14] {Threei} take care geo
[12:15] {patience} starting to sell the news vad?
[12:15] {dino} gj geo
[12:15] {Threei} action is so slow, can't tell
[12:21] {patience} longer he talks, air is coming out of the market's balloon slowly
[12:22] {Threei} strange... this news should be killing CEDC, yet it goes up:
[12:22] {Threei} http://www.telegraph.co.uk/news/worldnews/europe/russia/3513268/Russians-turn-away-from-vodka-in-hard-times.html
[12:24] {wishbone} isn't cedc mostly owned by BUsh's brother in law?
[12:25] {Threei} (US) PRESIDENT ELECT OBAMA PLEDGES TO HONOR THE BUSH ADMINISTRATION COMMITMENTS MADE OVER THE COURSE OF THE ECONOMIC CRISIS
[12:25] {Threei} - Reiterates call for Congress to pass an aggressive stimulus plan in January. Once again declines to offer any numbers for the stimulus plan. "We need a big stimulus package to jolt the economy back to health."
[12:25] {Threei} - Confirms that he intends to eventually roll back Bush tax cuts, but leaves open question of whether they would be actively rolled back or simply not renewed.
[12:33] {Threei} press conference is over
[12:34] {dino} good, back to business
[12:40] {laserdave1} hawk dcc when u get a sec
[12:43] {Threei} hawk, don't break traditions and ignore dave
[12:44] {Threei} we don't want him to think anyonbe here really wants to talk to him
[12:45] {laserdave1} dawg dcc please
[12:45] {Threei} dawg... same comment by me
[12:46] {laserdave1} laserdave1 dcc please
[12:46] {laserdave1} hey this guy answered right away
[12:46] {Threei} sigh
[12:51] {dawg} i had to answer dave vad but he promised not to bother me again
[12:53] {Threei} ok... you are playing nice
[12:54] {Threei} (CA) CANADIAN FIN MIN FLAHERTY: PLEDGES TO CUT TAXES IN ORDER TO BOOST THE ECONOMY
[12:54] {Threei} - The new reality in Canada is wild swings in markets and ever-gloomier forecasts.{USD/CAD EUR/CAD}
[12:54] {dawg} .)
[12:55] {Threei} nice and I don't even exchange postcards, so you can see why I am reluctant... :)
[12:56] {Threei} if market resumes upward crawl, I am interested in JNPR
[12:56] {Threei} it consilidates under 16, huge resistance level
[13:01] {Threei} broke
[13:01] {Threei} if you go for it, keep .85 stop
[13:02] {Threei} or .88 if you are very anal-retentive... bottomed out at .89 on last pullback
[13:21] {brian3579} is this a joke on cnbc
[13:21] {Threei} what is it?
[13:21] {brian3579} the prince
[13:21] {Threei} PRINCE ALWALEED: REITERATES HIS SUPPORT FOR CEO PANDIT, CANNOT BE JUDGED AFTER SUCH A SHORT TENURE; COMMENDS THE US GOVERNMENT FOR ITS MOVE TO BAIL OUT CITI - CNBC INTERVIEW
[13:21] {Threei} - says he believes Citi is overcapitalized at this point, but that is fine in the current environoment.
[13:22] {Threei} prince says C has too much money, but that's OK, he can handle it
[13:22] {Threei} JNPR 1:1 for .88 stop
[13:24] {wishbone} jnpr +11 ty31
[13:24] {wishbone} ty3i
[13:24] {Threei} welcome sir
[13:25] {wishbone} sir......that's my dad
[13:25] {Threei} any male above 13 is sir, and any female above 11 is ma'am for me
[13:25] {wishbone} oh...lol
[13:25] {Threei} ('cause I am THAT polite)
[13:26] {wishbone} Mr. Polite
[13:26] {Threei} my middle name
[13:26] {Threei} just ask chaeron
[13:26] {wishbone} chaeron is Vad polite?
[13:26] {Threei} {Chaeron} Yup. Right. Exactly
[13:28] {Threei} Chaeron, take your sleepy face out of potatoe salad and confirm that I am polite unless you want to be trouted relentlessly
[13:28] {hawkfan4} lol
[13:29] {Threei} JNPR 1:1 for .85 stop
[13:31] {Chaeron} zzzzzzzzzzzzz.. snort... huh? wha? yeah yeah... Vad polite... yeah.. zzzzz
[13:31] {Threei} there
[13:32] {Threei} btw, let me politely point out that in your sleep you missed JNPR trade
[13:33] {Threei} also, my politeness progresses with time
[13:33] {Threei} I used to have a script that automatically answred lasredave dcc with "go away" message
[13:33] {Threei} now it's "Allow me politely ask you to go away"
[13:47] {Chaeron} Dave, would you kindly DCC please? (Since Vad is giving lessons on politeness...)
06[13:48] * Chaeron slaps laserdave1 around a bit with a large trout
[13:48] {Chaeron} told you politeness doesn't work with some ppl
[13:49] {Threei} I know
06[13:49] * Geo slaps Threei around a bit with a large trout
[13:49] {Geo} thats for making me miss jnpr
[13:49] {Threei} making?
[13:49] {Geo} yes
[13:49] {Threei} you left on your own will
[13:49] {Geo} you could have willed the setup to happen while i was around
[13:50] {Geo} (high expectations)
[13:50] {Threei} paraphrasing Stephen King,
[13:50] {Threei} There will be profit if market wills it
[13:50] {Geo} sage advice indeed
[13:52] {dino} give me what i want
[13:52] {Threei} and I'll go away? :)
[13:52] {Geo} :)
[13:53] {Chaeron} }}} Russians turn away from vodka in hard times (Telegragh.co.uk) The global financial crisis is succeeding where many a Kremlin campaign has failed by forcing Russians to turn away from the vodka bottle.
[13:54] {dino} lol
[13:58] {Threei} feels like market gathering forces and probing ground for another powerful rally
[13:58] {patience} yup
[13:58] {Threei} one more pullback is likely before main push comes
[13:58] {Threei} QQQQ around .75 - .80 should be it
[14:01] {Threei} HEARING DRYBULK SHIPPERS DEFENDED AT JEFFERIES (TIMING UNCERTAIN)
[14:01] {Threei} {DRYS EXM DSX EGLE GNK OCNF FREE}
[14:01] {Threei} DRYS quite a move
[14:08] {Chaeron} Q's
[14:11] {Threei} took .74
[14:12] {dino} mcd sm l .50
[14:17] {laserdave1} chaeron dcc
[14:18] {Threei} PIMCO'S BILL GROSS: HAS NEW CONFIDENCE THAT REMAINDER OF TARP MONEY WILL BE DISTRIBUTED MORE WISELY WITH CLEAR DISTINCTIONS
[14:18] {Threei} meaning, first part was distributed unwisely and without clear instructions, right?
[14:20] {Threei} OK market... you did enough of see-sawing and made everyone seasick
[14:20] {Threei} now it's time to spike like there is no tomorrow
[14:20] {patience} funny how you can be totally in the zone trading and drop out of like a stone
[14:20] {dino} but there is
[14:21] {Threei} hey
[14:21] {Threei} it obeys
[14:21] {Threei} I need to try it again
[14:21] {Threei} ok market now just move up and don't look back anymore
[14:21] {Threei} half out Qs
[14:21] {Threei} .91
[14:21] {Threei} +.15
06[14:22] * Threei slaps Chaeron around a bit with a large trout
[14:22] {Threei} anyone took it?
[14:23] {lisa_jay} Sorry Vad, was busy with sick kids today. Nice trade though.
[14:24] {Threei} sorry to hear Lisa
[14:24] {hawkfan4} yessir, very nice
[14:24] {Threei} didn't emntion UAUA entry .65
[14:24] {Threei} grrr
[14:24] {Threei} I thought I did
[14:31] {jmb} Vad - Thanks JNPR
[14:31] {Threei} welcome jmb :)
[14:31] {Threei} out 1/4 more Qs
[14:31] {Threei} 28.03
[14:31] {patience} thanks for the power up heads up...nibbled into goldcorp april options again
[14:32] {Chaeron} 28.01 out in full for +0.18
[14:32] {Chaeron} Thanks vad
06[14:32] * Chaeron slaps Threei around a bit with a large trout
[14:32] {Threei} :)
[14:32] {Threei} that's the language I understand
[14:33] {Threei} stop is .85 for the last portion
[14:33] {Threei} letting it trade
06[14:34] * Chaeron slaps laserdave1 around a bit with a large trout
[14:45] {Threei} we had what, just one little stop in the morning?
[14:45] {Threei} good to be positioned on the right side
[14:45] {patience} what is volume like today vad, please
[14:45] {Threei} a little lower than Friday so far
[14:46] {patience} ty
[15:01] {Chaeron} Geo... DCC please?
[15:02] {Threei} a lot of non-computable (for me) things in the following release by HRLY (Harley-Davidson)
[15:02] {Threei} RECEIVES $4.5M CONTRACT FOR MICROWAVE ASSEMBLIES FOR F-16 UPGRADES
[15:02] {Threei} - Herley New England in Woburn, MA, has been awarded the first production contract to provide custom designed complex microwave assemblies developed for ongoing F-16 upgrades.
[15:02] {Threei} isn't it odd? :)
[15:02] {patience} talk about diversifying your company products
[15:03] {Threei} no kidding
[15:03] {cosmo} its road warrior tech...
[15:04] {hawkfan4} and imagine how hard it must be to make microwave popcorn while you're flying one of those things
[15:04] {patience} lol
[15:07] {lisa_jay} Vad u still in last Q's portion?
[15:07] {Threei} yeah
[15:07] {lisa_jay} nice
[15:07] {Threei} about to sell
[15:07] {Threei} want one last spike
[15:08] {lisa_jay} took all afternoon to break out of the asc. tri
[15:10] {Threei} out
[15:10] {Threei} 28.24
[15:10] {Threei} +.60
[15:11] {Threei} ot .50
[15:11] {wishbone} nice
[15:11] {Threei} 0r
[15:11] {Threei} or
[15:11] {Threei} there
[15:11] {Threei} see... I can type
[15:11] {KSystems} neat
[15:11] {Threei} ah who am I kidding... I can't
[15:15] {patience} relief not to have the wild swings and more normal trading day
[15:16] {lisa_jay} yes
[15:16] {Threei} this is great action
[15:16] {Threei} nice slow climb
[15:16] {patience} vad, you think accummulation starting again?
[15:16] {Threei} part of it takes place today, sure
[15:17] {Threei} it's not being done in one chunk
[15:17] {Threei} some nibbling here, some there
[15:17] {Threei} waiting outthe storm, adding
[15:17] {patience} did some canadian bank, coal, energy buys for mom's account, putting some cash back to work
[15:26] {dino} sm l afam .00
[15:34] {dino} out mcd .60 +.10 thing won't move today
[15:35] {patience} profit is a profit :)
[15:35] {dino} sure now itgoes
[15:40] {Threei} OK, this I have to post
[15:40] {Threei} just don't talk to me 5 minutes after that, this is how long I'll need to roll on floor laughing
[15:40] {Threei} GS
[15:40] {Threei} PRIVATE WEALTH CHIEF MAY REPORTEDLY RETIRE AT YEAR END FOR OTHER OPPORTUNITIES
[15:42] {Threei} wow JNPR
[15:42] {dino} dji +15% in two days, sell the rip time
[15:42] {Threei} as far as I know hawk... he still hasn't sold any
[15:42] {Threei} +510 dino...
[15:42] {hawkfan4} lol, didn't take that one :(
[15:43] {Threei} ugh
[15:43] {dino} yes, too much too soon imo
[15:50] {dino} sm s mcd .90
[15:52] {Threei} good call on drop dino
[15:52] {dino} cov mcd .35, +.55
[15:52] {dino} ty
[15:53] {dino} way soooooooon
[15:53] {Threei} 200 points drop
[15:53] {dptl} have a good evening all
[15:53] {Threei} in 10 min
[15:53] {Threei} take care dp
[15:53] {dino} cya dp
[15:54] {hawkfan4} c u dp
[15:59] {Threei} Ok guys, very good day
[15:59] {dino} out afam .99, -.01
[15:59] {Threei} thank you all
[15:59] {Threei} have a great evening
[15:59] {Threei} see you tomorrow
[15:59] {patience} excellent day, ty vad
[15:59] {hawkfan4} thx vad, great calls
[15:59] {hawkfan4} u 2 dino
[15:59] {lisa_jay} thanks Vad
[16:00] {Chaeron} thanks again Vad
[16:00] {Chaeron} bye guysw
[16:00] {hawkfan4} nite all
