Friday, December 19, 2008

Dec 19 2008

Please review the content for the Bahamas Conference in April, 2009. You will find a lot of interesting topics, including five seminars by me. Please fill out the Survey to help finalize the planning.

Quadriple witching day so we decided to stay very picky. It paid off well - 5 calls, 5 winners. That's all she wrote,  great relaxing weekend's ahead.

Session Time: Fri Dec 19 00:00:00 2008

[08:11] {Threei} {GM F}
[08:15] {Threei} -Note that ABC news analysts Thursday evening speculating that U.S. lawmakers have been working long hours and want to wrap this up and go home for the holiday Friday.{GM F}
[08:34] {Threei} **S&P500 top ten share buys by total $: JPM WFC MER GE ABT ADP T GS XTO PRE
[08:34] {Threei} **S&P500 top ten share sales by total $: XOM MSFT PM COP CVX KFT INTC CSCO MS MRK
[08:34] {Threei} **S&P400 top ten share buys by total $: ORLY ROST JBHT PPDI URBN SAI PCLN ESS PWR VRTX
[08:34] {Threei} **S&P400 top ten share sales by total $: PETM LAMR KBR ADS JLL CDNS NCR DST DWA STLD
[08:34] {Threei} **S&P600 top ten share buys by total $: SF SBNY KDN GFF CCC MSCC LKQX LXP GHL EXR
[08:34] {Threei} **S&P600 top ten share sales by total $: CKH WTNY GDI SPF CY PSSI PRGS BRC IPCC WW
[08:34] {Threei} **expected Nasdaq 100 Index changes.
[08:46] {Threei} GM
[08:46] {Threei} TO GET $13.4B IN LOANS FROM TARP FUNDS
[08:47] {lisa_jay} Good Morning.
[08:47] {Threei} morning lisa
[08:47] {lisa_jay} We are expecting a foot of snow here in the afternoon.
[08:47] {Threei} yikes
[08:48] {lisa_jay} All schools closed.
[08:49] {magoo} morning
[08:49] {lisa_jay} Hi Magoo
[08:49] {Threei} magoo :)
[08:49] {Threei} - Firms will need to comply with limits on executive payment and elmination of corporate jets
[08:49] {Threei} - Second $4B tranche to be made available in Feb from second half of TARP
[08:50] {Threei} again with those jets
[08:50] {Threei} how stupid is that
[08:50] {Onix} Good morning pilgrims
[08:50] {Threei} yeah, jets is the problem
[08:50] {Threei} onix :)
[08:50] {lisa_jay} Hi Onix
[08:50] {Threei} - Government to have the power to block any transactions made by the companies over $100M
[08:51] {Threei} - Government to have the power to block any transactions made by the companies over $100M
[08:51] {Threei} - Manufactoreres need to be in compliance with MPG legislation
[08:51] {Threei} - Senior government debt to be senior to all other debts outstanding
[08:52] {Threei} - Can not issue dividends while debts are still owed to US gov
[08:53] {magoo} RIMM hit 41.50 afterhours last nite
[08:54] {Threei} - automakers must reduce debt by 2/3 in equity swap
[08:54] {Threei} - Terms are subject to negotiation
[08:54] {magoo} its active this a.m
[08:54] {Threei} did AIG et all got 1% of all these terms?
[08:56] {magoo} bush on tv at 9 a.m vad
[08:56] {magoo} u watching F GM?
[08:56] {Threei} yeah
[08:56] {Threei} but I don't expect them to fare well with all this
[08:57] {Threei} this is not a solution, this is just what was expected: kicking the can down the road
[08:57] {Threei} keeping them afloat until Obama takes over
[08:57] {Onix} true
[08:58] {Threei} why not adress the problem at the root
[08:58] {Threei} people are not buying cars, with credit troubles etc
[08:59] {Threei} so why not apply all these funds exactly there,
[08:59] {Threei} giving govt subsidy or call it whatever you want, to any buyer for the next X months
[09:00] {Threei} cars will start moving, buyers will save, indusstry gets out of gridlock
[09:00] {Threei} even if temporary, wouldn't it be better band-aid at this point than what they suggest?
[09:01] {Threei} they want stimulate spending, don't they
[09:01] {Larisa1} morning all :) so much snow, and can not blame Al Gore, it is like this every winter :)
[09:01] {Threei} morning Larisa
[09:01] {Onix} unbelievable that clever people can act so stupid
[09:01] {Threei} come on, go ahead and blame him anyway
[09:01] {Larisa1} ok :)
[09:01] {Onix} hi larisa
[09:02] {Larisa1} threei, onix :)
[09:02] {Threei} not even speaking of social aspect
[09:02] {Threei} for once, help out the ordinary taxpayer
[09:02] {Larisa1} what the futures were at their low did they even react ?
[09:02] {Raven} Snowy, sleety (?) morning all :)
[09:02] {Threei} Raven :)
[09:03] {Larisa1} morning raven :)
[09:03] {Threei} they did a little larisa
[09:03] {Threei} not huge
[09:03] {Larisa1} k
[09:03] {Threei} and for Pete sake, stop with idiotic "corporate jets"
[09:03] {Onix} hi raven
[09:03] {Threei} do they really expect CEO of GM fly commerical from meeting to meeting?
[09:04] {Larisa1} and use public bathroom :)
[09:04] {Threei} that I don't care about ::)
[09:04] {Raven} those dipshits ought to have teleconference meetings
[09:06] {Raven} empty suits flying around in private jets to shake each other's hands in the height of stupidity
[09:06] {dawg} gm all
[09:06] {Threei} dawg :)
[09:06] {lisa_jay} Hi Dawg.
[09:06] {KSystems} good morning!!
[09:06] {KSystems} Expiration day today?
[09:06] {Threei} ks :)
[09:06] {lisa_jay} Hello KS.
[09:07] {dawg} hello Lisa
[09:07] {KSystems} hey lisa
[09:07] {Threei} quadriple witching KS
[09:07] {Larisa1} dawg, lisa, KS :)
[09:07] {KSystems} larisa :)
[09:07] {dawg} gm Larisa1
[09:07] {lisa_jay} Hi there Larisa.
06[09:08] * Threei slaps laserdave1 around a bit with a large cap of purified caffeine
[09:09] {Geo} gm all
[09:09] {Threei} Geo :)
[09:09] {lisa_jay} Hi Geo.
06[09:09] * magoo slaps laserdave1 around a bit with a large B 12 injection along with iron supplement
[09:09] {Threei} mags, ever since you loaded that brilliant csript by KS your creativity is spilling over the rim
[09:10] {magoo} u like that one eh?
[09:10] {Threei} love'em all
[09:10] {laserdave1} laserdave1 slaps magoo around a bit with a level II window
[09:11] {Threei} see how pathetic dave's one looks when he has no script?
[09:11] {cosmo} geez ... forgot the B-12 ...again
[09:11] {Threei} lol cosmo
[09:11] {cosmo} :)
[09:11] {cosmo} sigh....its all algore's fault...lars knows
[09:12] {Larisa1} lol
[09:12] {Threei} it is
[09:12] {lisa_jay} ORCL
[09:12] {cosmo} :)
[09:13] {Threei} I put him right there next to Alan Greenspan in terms of being to blamed for everything
[09:13] {cosmo} hmmm
[09:14] {dino} gm all
[09:14] {Larisa1} Alan said it all will get better in 6 months
[09:14] {Larisa1} gm dino
[09:14] {Threei} dino :)
[09:14] {lisa_jay} hi Dino
[09:14] {cosmo} better ... but for who?
[09:14] {Threei} yeah
[09:14] {Larisa1} for people still alive :)
[09:15] {Threei} reminds me old soviet joke
[09:15] {Threei} Communist Party leader from the tribune:
[09:15] {Threei} Next year our life is going to be much better!
[09:15] {Threei} weak voice from the audience:
[09:15] {Threei} What about ours?
[09:16] {Onix} morning dino
[09:16] {Larisa1} pessimist
[09:16] {dptl} good morning all
[09:16] {Threei} dp :)
[09:16] {Threei} please read the first post at the following link for more informal details on Bahamas conference
[09:16] {Threei}
[09:16] {Onix} hi dp
[09:17] {_elepet} p
[09:17] {dptl} :)
[09:17] {Threei} elepet :)
[09:17] {dino} i don't get how they changed the rules again....govt debt senior tyo all others, they just screwed all the bond holders that have been there for years
[09:17] {dino} these bond holders would have owned the assets, now what do they owen?
[09:17] {dino} own
[09:17] {dino} artc
[09:17] {Threei} they are rulemakers... who is to tell them what rules should or should not be...
[09:18] {dino} it is b.s.
[09:18] {cosmo} the deciders?
[09:18] {dino} i loan you money, take 1st mortgage and then govt comes in later and pushes me down the line
[09:18] {Threei} but dino... they did set a condition to do away with corporate jets
[09:18] {dino} yeah, big whoop
[09:19] {Threei} {--- sarcastoc and jaundiced
[09:19] {KSystems} jeez, cant you install an auto-kick for everyone mentioning "corporate jet" once again
[09:19] {dino} i know
[09:19] {cosmo} hybrid jets might work.....
[09:19] {Threei} but KS... that would be me who will get kicked
[09:19] {dino} i just am upset w/rule changes in the middle of game, 1st no shorts, now this
[09:19] {Threei} bu dino... did you guys not vote for the change
[09:20] {cosmo} its a tradition, 3i
[09:20] {dino} i voted mccain
06[09:20] * Threei 's sarcasm and jaundicity increases by day as he moves closer to senility
[09:21] {cosmo} ron paul here
[09:21] {dino} the socialism of america
[09:21] {Threei} why oh why am I not 80
[09:21] {Threei} I really don't want to see what's at the end of this road
[09:22] {Threei} GM got unduly happy
[09:22] {Threei} whatever... dino, come to Bahamas and we will have nice juicy drink with no drop of juice in it
[09:23] {dino} hopefully
[09:23] {Threei} filled the survey for now?
06[09:24] * Threei slaps magoo around a bit with a large survey for Bahamas conference
[09:25] {dino} i will tonight 3i
[09:25] {Threei} cool
[09:26] {Threei} ok guys
[09:26] {Threei} quardiple witching
[09:27] {Threei} let's keep it to half lot for now until we see what transpires,
[09:27] {Threei} let's skip first 5-10 minutes,
[09:27] {Threei} let's be picky and relaxed,
[09:27] {Threei} and let's blame Greenspan and Gore for any stop we may have today.
[09:28] {ese} morning
06[09:28] * Threei slaps laserdave1 around a bit with a large reminder that people are trying to dcc him
[09:29] {Threei} ese :)
[09:29] {lisa_jay} orcl up 5%
[09:29] {Threei} F
[09:29] {Threei} F may be better player than GM actually
[09:30] {dino} stronger
[09:30] {Threei} yup
[09:30] {Threei} 3.26 if holding above 3.15?
[09:31] {peterg} Morning!
[09:31] {Threei} peter :)
[09:31] {Threei} oil 35?
[09:31] {Threei} sheesh
[09:31] {Onix} hi peter
[09:31] {Threei} opullback entry looks better for F
[09:32] {peterg} Big O
[09:32] {Threei} - Automakers will need to make significant restructuring actions to provide for long term viability
[09:32] {Threei} - Auto bailout plan will put companies on a path to independent viability
[09:32] {Threei} - Loan will prevent the possibility of sever economic disruptions
[09:32] {Threei} - Will meet with Congress to dicuss 2nd half of TARP release in near future{GM F}
[09:32] {ese} long VMED .77
[09:32] {ese} sorry that .76
[09:34] {Threei} Long Setup: F 3.13 if stays above 3.05
[09:35] {cosmo} i never thot i'd buy another "F" again...
[09:37] {Threei} doesn't look like you will
[09:37] {cosmo} ...maybe next year...
[09:38] {Geo} drys blood
[09:39] {Threei} bounce candidate soon
[09:40] {Larisa1} HIG selloff but no vol so far
[09:40] {lisa_jay} PAY
[09:41] {dino} -7 baltic index fwiw
[09:42] {Threei} Long Setup: HIG .80 break half lot
[09:42] {Threei} stop under .70
[09:44] {lisa_jay} In Hig at .81
[09:44] {lisa_jay} Target vad?
[09:45] {Threei} over .90
[09:45] {Threei} hard to tell scalp or half
[09:46] {Threei} there you go
[09:47] {Threei} solidly over 1:1, your decision
[09:47] {lisa_jay} Sold at .98 17c thanks Vad.
[09:47] {Threei} welcome
[09:47] {Geo} out at 1:2
[09:47] {Threei} who held, get out here
[09:47] {magoo} WOW HIG vad nice
[09:47] {Geo} ty
[09:47] {lisa_jay} S*** should have partialed
[09:47] {lisa_jay} Oh boy
[09:47] {Threei} lol
[09:47] {Geo} you gotta be greedy lisa :)
[09:48] {Threei} scalper's regret central
[09:48] {lisa_jay} Hope you all are holding....will be very happy for you.
[09:48] {Threei} credits to larisa for bringing it to attention btw
[09:48] {Geo} i should have the 1/4
[09:48] {lisa_jay} Thanks Larisa.
[09:48] {KSystems} 1/2 our .92, 1/4 out .04
[09:48] {Threei} can I go home?
[09:49] {Larisa1} no, we will bring stocks to your attention and you call it for us :)
[09:49] {KSystems} rest out .28
06[09:49] * Geo slaps Threei around a bit with a large get back to work banner
[09:49] {Threei} you realize that you base it on assumption I can read?
[09:49] {lisa_jay} I should go home...sigh. I am home though.
[09:50] {Geo} man hig
[09:50] {Geo} snifffff
[09:50] {Threei} what's with GERN
[09:51] {Threei} thing is crawling toward 5 wich is major breakout
[09:52] {dino} mwiv sm l .10
[09:53] {Threei} {automakers} you... you... sniff... YOU are not viable!
[09:58] {dino} then i guess dinner and drinks are out
[09:59] {cosmo} unless you fly first class...
[09:59] {dino} ahhh
[10:00] {lisa_jay} FMCN strong
[10:00] {Threei} Long Setup: DRYS .50 break if stays above .30
[10:01] {Threei} NASDAQ new high would be very helpful
[10:02] {magoo} in drys
[10:02] {dino} crdn sm l .67 stop .43
[10:02] {Threei} spiky time NQ
[10:02] {Threei} jump over that 1230 in one swoop
[10:02] {Threei} and make us heppy
[10:03] {Threei} hippy?
[10:03] {dino} happy
[10:03] {Threei} hoppy
[10:03] {Threei} oh... dino's right
[10:03] {KSystems} häppy?
[10:03] {Threei} lol
[10:03] {Geo} heppy = hep and happy
[10:03] {Threei} hp and happy
[10:03] {Threei} hip
[10:04] {Threei} NQ spiked to 1229.5
[10:04] {Threei} retreated a bit but should break now
[10:05] {Threei} let's trail DRYS to under .40 when it breaks .60
[10:05] {Threei} there
[10:06] {magoo} u got half or full
[10:06] {Threei} NQ retreat, DRYS holding
[10:06] {Threei} 1:1 almost
[10:06] {Threei} full, but mostly because I forgot to halve it
[10:07] {Threei} half out .67
[10:08] {lisa_jay} Hlaf out .69
06[10:08] * Geo slaps Threei around a bit with a large extra keyboard
[10:08] {dino} crdn stopped -.24
06[10:08] * Geo is in slap happy friday
[10:08] {lisa_jay} Next lot Vad, where to sell? Thanks.
[10:08] {Threei} good boy DRYssy
[10:09] {Threei} whereever lisa... honestly :)
[10:09] {Threei} no way to tell
[10:09] {Geo} previous res mabe a good place to peel some out
[10:09] {Larisa1} 11.80 was high on previous spike
[10:09] {cosmo} .59
[10:09] {Threei} I am out
[10:09] {Larisa1} right Geo :)
[10:09] {Threei} .79
[10:09] {Geo} also close to prev low
[10:10] {Geo} out
[10:10] {Geo} was trailing close
[10:10] {Threei} I address all Russian-speaking in the room... am I delusional or DRYS name really reminds of diahhrea?
[10:10] {magoo} out
[10:10] {Geo} thanks for a good friday lord vader
[10:10] {Threei} welcome Geo
[10:11] {lisa_jay} Out all .78
[10:11] {Geo} scanners crazy today
[10:11] {lisa_jay} Thanks Vad.
[10:11] {Threei} lisa :)
[10:11] {Geo} hmmm rinse on trail
[10:11] {Threei} here comes NQ break
[10:11] {Geo} prev res tagged
[10:12] {Threei} russian-speaking don't even want to talk to me... all three of them
[10:13] {cosmo} 3i.... its dislexia i think
[10:13] {Geo} we have 3?????
[10:13] {Threei} which puts them right there with all others including swuahili-speaking
[10:13] {Geo} whose the 3rd?
[10:13] {dino} sm l avav .51
[10:13] {Geo} magoo?
[10:14] {Threei} I am a guardian of privacy geo... won't tell you until he admits it himself
[10:15] {cosmo} DRYS .59 stop for investors...
[10:15] {Geo} heheh new category
[10:15] {cosmo} its relative
[10:15] {Geo} bull market starting?
06[10:15] * Geo likes to invest in lead and gunmetal
[10:16] {Threei} actually, it's bear that makes a lot of new investors...
[10:16] {Threei} by the principle: investment is a day trade gone baad
[10:16] {Geo} heheh
[10:16] {dino} snow starting, getting 12"+
[10:16] {Threei} oh boy
[10:17] {patience} patience stunned into silence with the thought of that much snow
[10:17] {lisa_jay} We are waiting are on the look out.
[10:17] {cosmo} must be fun
[10:18] {dino} kids home here too
[10:19] {dino} magoo, slap me, twice i've entered buys w/ wrong symbol loaded
[10:20] {magoo} nice call on naz vad
06[10:21] * magoo slaps dino around a bit with a large new pair of reading glasses
[10:21] {lisa_jay} Cosmo, you still holding Drys?
[10:21] {_elepet} still in drys from .54
[10:21] {cosmo} .89 for investors...
[10:22] {cosmo} :)
[10:22] {magoo} inWestors he he
[10:22] {lisa_jay} Greed is good Lisa....Greed is good Lisa....Greed is good Lisa.
[10:22] {dino} indeed
[10:23] {Geo} greed drives human civilization
[10:23] {cosmo} its all those stimulants i say
[10:24] {magoo} vad, couldnt conference be in alaska in feb?
[10:24] {dino} then say it
[10:24] {magoo} prob with bahamas is dino not gonna look to good on beach if u know what i saying {or vad for that matter}
06[10:25] * Geo mulls over that piece of overshare
[10:26] {Threei} but magoo... I am going to be in suit and tie
[10:26] {lisa_jay} lol
[10:27] {cosmo} i'll never wear a tie again
[10:27] {magoo} on the beach??
[10:28] {Threei} yes
[10:28] {cosmo} maybe a wet suit
[10:28] {Threei} I have to maintain that distinguished guru look
[10:28] {Geo} the tie is agood napkin
[10:28] {Threei} if I told you a story behind that photo on a homepage you'd die laughing
[10:29] {Threei} something seems to be brewing on GERN
[10:30] {dino} coffee brewing here
[10:30] {magoo} need cup-o-joe
[10:30] {lisa_jay} the coffee maker fixed Dino?
[10:30] {KSystems} thats a wonderful idea dino
[10:30] {magoo} exploded this morn on magoo
[10:30] {KSystems} lets just not forget enough milk
[10:30] {Threei} yuck
[10:30] {dino} old one in use
[10:31] {dino} magoo messed it up this morning
[10:31] {Threei} milk in coffee... ultimate definition of perversion
[10:31] {dino} wants landlord to buy a new one, i'm going over lease
[10:31] {magoo} cheap bastard
[10:31] {magoo} i drank all his beer last nite tho
[10:32] {Threei} GERN is a tough stock to call
[10:32] {Threei} if you don't mind stop under .60, .75 brwak maybe worth it
[10:33] {Threei} requires patience
[10:33] {Threei} shakeout central
[10:33] {lisa_jay} lot size vad?
[10:33] {magoo} blizzard here
[10:33] {Threei} let's put this stock in "highly discretionary" category
[10:34] {Threei} as one of our original members chuck used to call it, serial disappointer
[10:34] {lisa_jay} ok, thanks.
[10:34] {Threei} seems to be under accumulation, nice volume too
[10:35] {Threei} but this kind of accumulation may reslove in a very different timeframe than what we use
[10:35] {magoo} focus elsewhere boss paaaalease
[10:35] {magoo} u obsess all day on a dimer
[10:36] {magoo} give me a read on something lil quicker like POT
[10:36] {Geo} really thin
[10:36] {magoo} thank u geo...ive been working out
[10:36] {Geo} lol
[10:37] {magoo} for the girls here
[10:37] {magoo} patience, lisa & larisa
[10:37] {lisa_jay} It shows.
[10:37] {patience} looking forward to seeing the results magoo
[10:37] {cosmo} pot?
[10:37] {magoo} calm down cos
[10:38] {cosmo} yes...its good for that
[10:38] {cosmo} i supose
[10:39] {Threei} talk about junk food:
[10:39] {Threei} 10:36am [EAT] Moodys lowers senior unsecured rating to junk
[10:40] {Threei} 10:39:36 ADMIN7 --} (All): Stale INET quotes caused by data provider - we're on them to fix it. For now, make sure autocorrect is enabled, with 0 on all settings on right - Level II tab.
[10:40] {magoo} vad, do i gotta do that auto correct setting? clueless here in laser
[10:40] {Threei} right click level 2
[10:40] {Threei} Level II tab
[10:40] {magoo} ok
[10:41] {peterg} trading seettings
[10:41] {Threei} make sure boxes for autocorrect are checked
[10:41] {Threei} put zeros in boxes to the right on them
[10:41] {magoo} all checked or just top 2?
[10:41] {Threei} top two
[10:42] {magoo} ok ty
[10:42] {dino} magoo, what do you think, +300 dji?
[10:42] {magoo} 500 really
[10:42] {peterg} have level two trading setting up; where autocorrect?
[10:43] {peterg} settings
[10:43] {dino} +500 and i buy you lunch monday
[10:43] {magoo} [10:40] {Threei} Level II tab
[10:43] {Threei} lower section peter
[10:43] {magoo} then bottom
[10:44] {magoo} u giot it peterg?
[10:44] {lisa_jay} nq testing highs
[10:45] {peterg} not sure; what is lower section of what?
[10:45] {magoo} wow, worse than magoo vads...refreshing lol
[10:45] {Threei} trading settings, level ii tab
[10:46] {Threei} there is a section titled autocorrection
[10:46] {peterg} ok
[10:46] {peterg} ok got it thanks
[10:47] {peterg} check with 0; 0.5
06[10:47] * magoo slaps peterg around a bit with a large brand spankin new laser manuel guarenteed to never been opened by original owner magoo
[10:47] {peterg} checked enabled with a zero and a zero point five
[10:47] {peterg} that fedels feels good
[10:48] {peterg} why is laser manual written in aramaic?
[10:48] {Threei} change second to zero as well
[10:48] {magoo} OH OH VVAD
[10:49] {magoo} VAD
[10:49] {magoo} i forgot to save settings...can u help me AGAIN
[10:49] {Threei} what?
[10:50] {Geo} sheesh
[10:50] {Geo} rimm paid nicely in meanwhile
[10:51] {dino} avav stopped flat, lousy entry
[10:54] {dino} sm l uso .25
[10:54] {laserdave1} LASER TRADERS
[10:55] {magoo} OY
[10:55] {laserdave1} if anyone has issue of stuck quotes
[10:55] {laserdave1} please dcc me
[10:55] {laserdave1} and i will send you an email on how to fix this
[10:55] {laserdave1} My level II is perfect now
[10:55] {Threei} why don't you just post here
[10:55] {laserdave1} its a screenshot
[10:55] {Threei} ah
[10:56] {magoo} shit my AAPL quotes are stuk dave
[10:56] {Threei} then post text here and make a ,lot of hand gestures to explain the rest
[10:56] {laserdave1} there are quite a few little settings to copy
[10:56] {laserdave1} but takes 2 secs if u have visual
[10:56] {Threei} send me please
[10:56] {laserdave1} ok email coming magoo
[10:56] {laserdave1} and to you Vad
[10:56] {Threei} just so I have it to send if you are slacking
[10:57] {laserdave1} me slack
[10:57] {laserdave1} is the market open now?
[10:57] {Threei} we know
06[10:57] * peterg slaps magoo around a bit with a large large but not unattractive diorama of early Neanderthal crouched by cave with pet Mastodon and fire keeping hyenas at bay
[10:57] {magoo} i guarentee its gonna take me more than 2 seconds SIGH lol
[10:57] {peterg} sorry if bad timing
[10:58] {Threei} wow peter
[10:58] {Threei} where did you get that picture of mine?
[10:58] {peterg} didn't need the double large
[10:58] {peterg} Came in through the bathroom window
[10:58] {peterg} Joe Cocker song
[10:59] {lisa_jay} .
[10:59] {Threei} I knew that neanderthal with long-focus Canon lens from the neighbour tribe was paparazzi
[10:59] {peterg} lol
[10:59] {Threei} should have eaten her
[11:00] {peterg} ok, off for hr
[11:01] {Threei} GM Ceo on TV in a min
[11:02] {magoo} HEY worked THANX
[11:04] {laserdave1} nprobs
[11:04] {magoo} coulda used u yesterday SLACKEr
[11:04] {magoo} HE HE just kidding
06[11:08] * magoo slaps laserdave1 around a bit with a large newly patented electrical shock alarm clock
[11:09] {laserdave1} i just got the new fix from them
06[11:09] * Chaeron slaps laserdave1 around a bit with a large trout
[11:09] {Chaeron} send me too slacker
[11:10] {Chaeron} good morning all
06[11:10] * peterg slaps magoo around a bit with a large preposterous, but not too vulgar representation of Elvis in his white leathers crooning in Las Vegas
[11:11] {magoo} OY
[11:11] {Threei} chaeron :)
[11:11] {peterg} thought you'd appreciate
[11:13] {Larisa1} morning Chaeron :) you better come help to clean my driveway or I am sending 10+ to California! :)
[11:14] {magoo} where u located Larisa?
[11:14] {Larisa1} not telling you
[11:14] {magoo} lol
[11:14] {Larisa1} you scare me magoo
06[11:15] * Chaeron coming up with a flame-throwing tank
[11:15] {Larisa1} :)
[11:15] {Chaeron} Larisa is smart cookie
[11:15] {Threei} no wonder larisa.... magoo scares himself, to the point of soiling himself when faces mirror
[11:15] {Geo} too much detail vad
[11:17] {Threei} just couldn't help but chuckle when remembered a joke about a special forces guy's explanation why he missed an assignment
[11:18] {Threei} put all the ammunition all over himself, jungle face makeup etc, then accidentally looked in the mirrow before leaving home...
[11:21] {dptl} Dave dcc pls
[11:21] {dino} ok 3" of snow already and still snowing hard
[11:24] {magoo} vad u watcjhig DRYS?
[11:25] {magoo} boubncer
[11:25] {Threei} cabn't tell bouncer or breakdowner
[11:27] {dino} uso stopped -.28
[11:28] {dptl} Dave......dcc pls
06[11:29] * Threei slaps laserdave1 around a bit with a large attention-getter on behalf of dptl
[11:29] {dptl} lol.....ty
[11:33] {lisa_jay} q's moving
[11:34] {Threei} times must have changed greatly since my dating days
[11:34] {lisa_jay} ?
[11:34] {Threei} this line from e-mail I just got puts me at loss
[11:34] {Threei} With the ability to make out for days you'll be the best candidate for girls to spend night with
[11:35] {Threei} who wouyld want to make out for days???
[11:35] {lisa_jay} Sorry i asked ?
[11:35] {Larisa1} lol lisa
[11:36] {Larisa1} vad you do not have to read all junk e-mail you get. Just say NO :)
[11:37] {Threei} but... how do I know it's a junk unless I read it?
[11:37] {dino} ah, vad....don't know how to say this but they are mass emails sent to millions, not just you
[11:37] {Threei} noooooo
[11:37] {Geo} usuaually vd if the headline says
[11:38] {Geo} "liv &%%^$ girls"
[11:38] {Threei} you mean for spammers I am not special??
[11:38] {Geo} its spam
[11:38] {Threei} so it ain't so
[11:38] {Threei} say
[11:38] {dino} no, you are special, as you open them
[11:38] {Threei} my world is crashing
[11:38] {KSystems} LOL
[11:38] {Threei} lol
[11:39] {Threei} I am not listening to you all... next thing you try to tell me I don't get to obtain all those nice moneys from Nigeria
[11:39] {dino} getting rinsed all over, look uso, out at .98, goes .97 then .50
[11:40] {dino} same w/avav
[11:40] {dino} dino's getting mad (george on seinfeld)
[11:40] {Geo} uso gae a bap fill in morningeautifull g
[11:40] {KSystems} dino do you have fixed stops or are you setting them according to the chart?
[11:41] {Geo} lolol
[11:41] {Geo} USO gave a beautifull morning gap fill
[11:42] {dino} fixed
[11:42] {dino} tbsi gap fill
[11:43] {KSystems} i much if I may ask?
[11:43] {KSystems} same for all lots?
[11:43] {dino} .28-.42 depending on stock personality and size
[11:43] {KSystems} k..thanks
[11:43] {dino} markets going for gap fill
[11:45] {Geo} dino pls help me out
[11:45] {Geo} what gap?
[11:45] {Geo} i am always confused about that
[11:46] {dino} ndx 1216 vs 1204, s&p886.9 vs 885
[11:46] {Geo} ok looking
[11:46] {dino} tbsi gap was 9
[11:47] {dino} drys is around 10.30
[11:47] {dino} and so on............................................
[11:47] {Geo} ok got it dino
[11:47] {Geo} thanks
[11:48] {lisa_jay} Dino how to look at gaps...yesterdays close or yesterdays high to todays open...or another way. Thanks.
[11:50] {dino} i look at close, but they don't always fill.
[11:50] {dino} just seem to be magnets during bigger moves
[11:50] {dino} ctrn fast fall
[11:54] {dino} watching afam, vz, hon, mcd
[11:54] {Threei} Short Setup: DRYS .19 half lot
[11:54] {Threei} if stays under .30
[11:57] {lisa_jay} Invalidated Vad?
[11:57] {Threei} yeah
[11:59] {Threei} GM
[11:59] {dino} mwiv stop to .19 stuck
[11:59] {Threei} {GM F}
[12:02] {lisa_jay} Vad, DRYS is an inverse cup and handle?
[12:02] {Threei} yes
[12:03] {Threei} tough read though
[12:03] {Threei} jumps with no warning
[12:03] {lisa_jay} big red bar on nq helped it down
[12:04] {Threei} oh well
[12:08] {dino} mwiv stopped +.19 ave, whoo hoo
[12:09] {ese} outta here everyone....2 shows to do tady and then.............FREE for Chrstmas holidays....see ya monday.
[12:10] {Larisa1} bye ese
[12:10] {dino} cya es
[12:10] {Threei} take care ese
[12:15] {dino} vz l .47
[12:20] {Threei} Long Setup: RIMM 41.10 half lot if stays above 41
[12:23] {Threei} half out .19
[12:23] {Threei} {GM F}
[12:24] {Threei} but of course
[12:24] {KSystems} probably most importantly the ban of corporate jets
[12:24] {Threei} lol
[12:24] {lisa_jay} Missed the trade.
[12:25] {KSystems} RIMM 1/2 out .22
[12:27] {dino} no, the union keeps their planes
[12:28] {KSystems} :-)
[12:28] {Threei} out .32
[12:28] {KSystems} RIMM 1/2 more out .34
[12:28] {KSystems} 1/4
[12:29] {Geo} very nice vad
[12:29] {Threei} :)
[12:29] {KSystems} beauty vad
[12:29] {KSystems} :-*
[12:29] {Geo} was late
[12:29] {Threei} careful ks
[12:29] {Threei} don't call me beauty
[12:29] {Geo} no its beauty, vad
[12:29] {KSystems} out rest .28
[12:30] {Threei} 3 for 3... being picky pays off
[12:31] {Threei} - UAW says it believes the Bush Administration added "unfair conditions" to the package singling out union labor.
[12:32] {Threei} late? it retreated under the trigger after tyriggering
[12:32] {Threei} stop drinking so early geo
[12:32] {Threei} no one but dptl is allowed to do that
[12:33] {Geo} ahh come on\
[12:33] {Geo} spiked eggnog
[12:33] {Threei} and only because being sober he can't tell Buy from Sell
[12:34] {dptl} lol
[12:36] {dino} stopped vz .62, +.15
[12:36] {dino} brb
[12:36] {Threei} heh
[12:37] {Threei} TV asks
[12:37] {Threei} ok, loan, fine, but who will be buying those cars?
[12:37] {Threei} again, back to my suggestion of subsidizing buyers instead of pouring money directly into manufacturing?
[12:38] {Threei} wow RIMM
[12:41] {lisa_jay} Vad, do you manually scan for stocks like rimm, or did it come from filter...thanks.
[12:41] {Threei} this particular one was just from looking at usual suspects
[12:42] {Threei} as NASDAQ started showing signs of bottoming out, looked at the stock that traditionally follows to see if here is a play in it
[12:43] {lisa_jay} Ok, thank you.
[12:44] {lisa_jay} Also, do you prefer longer bases vs. shorter ones as a potential for reversal to upside..or am i just seeing things.
[12:44] {Threei} too general question lisa... sorry, can't answer like this
[12:45] {dino} snowfall at 7" so far
[12:45] {Threei} jeez
[12:45] {lisa_jay} just started for us.
[12:45] {wishbone} what were the signs nasdaq bottoming out vad?
[12:45] {dino} 1561
[12:45] {dino} :)
[12:47] {Threei} it formed something like double bottom at the moment wish... and if you observed the trading, it was just more willing on the upside
[12:47] {Threei} easier upticks, quite stubborn on downticks
[12:47] {Threei} general feeling of upward as part of least resistance was there
[12:47] {dino} for an up day, some pretty big losers out there
[12:48] {dino} the averages just don't reflect accurately whats going on anymore, imo
[12:48] {wishbone} ty vad
[12:50] {dino} hon l .15
[12:50] {wishbone} dino 1561, was that support from yesterday on nasdaq?
[12:51] {lisa_jay} 50% retracement of gap fill.
[12:52] {wishbone} ty lisa
[12:52] {lisa_jay} just guessing Wishbone...not sure.
[12:53] {dino} no was todays low turn, just messing w/ya
[12:53] {lisa_jay} Aw Dino, you made me go do all that work for an answer.
[12:53] {dino} sorry
[12:53] {lisa_jay} :-)
[12:56] {Threei} with any market help RIMM looks to break 42
[12:58] {Threei} break it did eh
[12:58] {lisa_jay} did you take the rimm trade vad?
[12:59] {Threei} yeah
[12:59] {lisa_jay} nice
[12:59] {Threei} out a bit too soon thouigh
[12:59] {Threei} .17
[12:59] {Geo} vad is sneaky
[12:59] {Geo} he didnt make it an OFFICIAL call
[12:59] {Geo} as he is keeping score
[12:59] {Threei} nope
[12:59] {Threei} wasn't really something I'd want to call
[13:00] {Geo} exactly
[13:00] {Geo} no blinking green
[13:00] {Threei} beyond what I consider average risk tolerance
[13:00] {Geo} i took it ..... was sittin from 30s
[13:00] {lisa_jay} nice
[13:00] {Threei} RIMM is way more tame than it used to be
[13:01] {Threei} but still far from fully domestic animal
[13:01] {Geo} what i am realizing is i do better on my own if i reduce my lot size and have wider stops
[13:01] {magoo} laser DCC
06[13:01] * magoo slaps laserdave1 around a bit with a large DCC
[13:01] {Geo} but i take vads his way
[13:01] {Geo} yeah i have memories of whippy rimm
[13:01] {lisa_jay} how different is the size Geo?
[13:02] {Geo} this time 300 only
[13:02] {Geo} see the pullbacks?
[13:02] {Threei} I don't remember myself trading 1000 shares of RIMM before today
[13:02] {Geo} i would be stressed more than that
[13:02] {Threei} today did it twice though
[13:02] {Geo} heheh me to
[13:02] {Geo} feels less whippy
[13:03] {lisa_jay} For such scary stocks (ATR of $4+), your stops are so tiny Vad. Amazing.
[13:03] {Geo} he is a virtuoso
[13:03] {Geo} in entries
[13:03] {Threei} and sucks badly in exits?
[13:03] {lisa_jay} GS yesterday had .20 stop and i only got 5c slippage.
[13:03] {Geo} exits as bit early
06[13:03] * Geo ducks
[13:04] {lisa_jay} Rimm today had 10c slippage.
[13:04] {lisa_jay} sorry 10c stop.
[13:04] {Geo} what????
[13:04] {Geo} ok phew
[13:04] {Geo} i would have said trash your platform
[13:04] {Threei} well, usually RIMM would still require wider stop
[13:04] {Threei} that specific entry just was structured this way
[13:05] {Threei} there was very pronounced support at 41,
[13:05] {Threei} actual long trigger was .15
[13:05] {Threei} but with NASDAQ strengthening, I prefered .10 which was touched once before
[13:06] {Threei} considering that if NASDAQ moves, both will work, .10 and .15
[13:06] {Threei} and if NASDAQ fails, both will fail
[13:06] {Threei} so why not save ourselves 5 cents
[13:06] {Threei} so... a bit on aggressive side which allowed for such tight stop
[13:07] {lisa_jay} Ok, thanks.
[13:07] {Threei} and it took me 10 times as long to type it as it took to decide on that, lol
[13:07] {Geo} you need a mike vad
[13:07] {Threei} I have a mike
[13:07] {Geo} well elarn to understand your accent
[13:07] {lisa_jay} You GG lesson from last week in play here on Rimm, bounce off 42.
[13:08] {Threei} yup, worked too
[13:10] {Threei} battale with union on Canadian side now
[13:11] {Threei} CAW says it cannot give up any of labor costs
[13:11] {Threei} govt says, then big 3 pack and move south
[13:11] {Threei} sigh
[13:12] {Threei} all costs added, comes to $75/h
[13:12] {Threei} over $30 difference vs japanese carmakers
[13:12] {Threei} union says, nah, we are not the problem
[13:13] {Threei} what's with suicidal instincts...
[13:16] {Larisa1} Better to die standing, than to live on your knees
[13:16] {dino} better to rule in hell
[13:17] {dino} than serve in heaven
[13:17] {Threei} to polish it off:
[13:17] {Threei} better to be healthy and wealthy than sick and at war
[13:18] {Larisa1} but again, man who said it died in his 30s i think. was revolutioner
[13:24] {Threei} 42 break again long trigger RIMM
[13:24] {Threei} if holding 41.90
[13:26] {Threei} Toyota will report its first annual loss in 71 years
[13:28] {Geo} in rimm
[13:29] {Threei} on the way back?
[13:29] {Geo} nope on brea :(
[13:29] {Geo} k
[13:30] {Threei} 1:1
[13:30] {Threei} 1:2, out
[13:31] {jmb} Thanks
[13:31] {Threei} 4 for 4
[13:31] {Threei} jmb :)
[13:31] {dawg} out 1:2 thanks Vad
[13:31] {Threei} dawg :)
[13:31] {Geo} nice vad
[13:31] {Geo} ty
[13:31] {Threei} yw
[13:32] {dino} avav sm l .45 stop lod
[13:36] {Geo} anyone still in investor mode in rimm?
[13:36] {Geo} vad we did rather good for a quad witching today
[13:36] {Threei} no kidding
[13:39] {Geo} ddc pls vad
[13:39] {Geo} dcc
[13:49] {dino} out avav .84, +.39
[13:49] {Threei} wtg
[13:49] {dino} ty
[13:49] {Geo} so i have an article on P#$# industry bailout
[13:50] {Geo} anyone wants me to post link?
[13:50] {Geo} what the heck......
[13:50] {Geo}
[13:50] {Geo} dont kick me vad !!!!!!!!!!!!!!
[13:50] {Geo} its christmas forgiveness time
[13:51] {Threei} depends on article's quality
[13:51] {Geo} tounge in cheek funny
[13:51] {Geo} i had to post
[13:51] {Geo} afterall its my neighbourhood
[13:53] {Threei} ok, this may be not funny, but RIMM the same setup again
[13:54] {Threei} 1:1
[13:55] {lisa_jay} sigh, 3 setups missed.
[13:55] {Larisa1} funny Geo :) and correlates very well with vad's earlier outburst :)
[13:55] {Threei} lisa... this one was considerably faster but two before were fine...
[13:56] {lisa_jay} My fault entirely Vad...was busy and had to restart trading and keyboards.
[13:56] {Threei} 1:2, out
[13:56] {lisa_jay} Nice trade
[13:57] {Geo} this att uverse is killing me
[13:57] {Threei} don't remember RIMM so obedient
[13:57] {Geo} i lost connection for exactly 5 mins
[13:57] {Geo} mirc on laptop
[13:57] {Geo} sigh
[13:58] {dawg} out another 1:2 thank you sir
[13:58] {Threei} welcome
[13:58] {magoo} in rimm
[13:58] {magoo} u out?
[13:58] {Threei} 5 for 5
[13:58] {dawg} right on!
[13:58] {jmb} Thanks
[13:58] {Threei} [13:56] {Threei} 1:2, out
[13:58] {magoo} where?
06[13:59] * Threei slaps magoo around a bit with a large alphabet and instruction how to put letters together in words
[13:59] {Geo} thanks larisa....
[14:00] {Larisa1} ty for laugh
06[14:00] * magoo slaps Threei around a bit with a large manuel on how to profit by not being able to read or follow proper instructions
[14:00] {magoo} out .28
[14:02] {Threei} {GM F}
[14:04] {magoo} vad, next pullbk Rimm..43 in the cards today
[14:05] {Threei} feels this way but it needs market to go back to its highs
[14:05] {Threei} Qs need to break 30.10
[14:05] {Threei} for RIMM to break 42.50
[14:11] {Threei} it's willing... just some help from market, and could do it easily
[14:11] {magoo} AAPL getting ready too
[14:11] {magoo} but RIMM is better choice
[14:14] {magoo} 2:15 daily crash here
[14:16] {Threei} .50 break coming with just a few Qs upticks
[14:17] {lisa_jay} Trade alert Vad?
[14:17] {Threei} beyond risky lisa
[14:17] {lisa_jay} Ok, thanks.
[14:17] {Threei} and totally market dependent
[14:21] {Threei} no help by market
[14:21] {magoo} 14:15] {magoo} 2:15 daily crash here
[14:21] {magoo} every freakin day
[14:22] {Threei} I don't know if you can call 10 cents drop Qs a crash, really :)
[14:23] {magoo} did i say it was done here}?
[14:33] {Threei} nice and easy RIMM
[14:34] {magoo} in rimm
[14:35] {Geo} man that was a costly shower
[14:36] {Threei} that wasn't a call geo
[14:36] {Geo} true
[14:36] {Threei} so you wouldn't have taken it anyway, you need those green blinking :)
[14:36] {Geo} a bit risky
[14:36] {magoo} it wasn"t??
[14:36] {Geo} indeed
[14:36] {magoo} im in
[14:36] {Geo} hehehe
[14:36] {Geo} maggo is a savant
[14:36] {Threei} you are in on your own greed magoo :)
[14:36] {magoo} out 80
[14:36] {magoo} TY for not calling it
[14:37] {Threei} I just provided running commentary
[14:37] {Threei} lol
[14:41] {Onix} ty Vad, i got 36c + 54c on my 200 in RIMM
[14:41] {Threei} wtg
[14:41] {Threei} I like this RIMM transformation
[14:42] {Threei} still wide enough to sizeable profits but way less volatile and way more manageable
[14:42] {Onix} yes, now i can also trade it a little
[14:43] {Threei} ummm... and when rates are at 10%, commitments can be muddy and fibble?
[14:44] {Onix} lol
[14:45] {Threei} RMBS?
[14:45] {cosmo} could she mean regime change?
[14:45] {cosmo} ...yellen
[14:46] {Threei} RMBS
[14:46] {Threei} - Companies to argue that Rambus patents are not valid{MU}
[14:46] {Geo} man rimm is so benevolent today
[14:47] {magoo} if IF mkt powers up in crazy hour...44.50 today imo
[14:49] {Geo} in from .98
[14:49] {Geo} too half out at .19
[14:52] {Geo} out
[14:54] {Geo} its all vads fault........i might have to up daily
[14:55] {Threei} forgive me for spoiling you with profits
[14:55] {Geo} its just wrong i tell ya
[15:07] {Geo} .
[15:08] {Threei} sorry geo... I just shut up, no to spoil you more {G}
[15:08] {Geo} no no vad
[15:08] {Geo} resist temptation by giving in to it
[15:08] {Threei} that's what I did my entire life
[15:09] {Threei} I mean, there is temptation I wouldn't resist fiercely and wouldn't cave in
[15:11] {Geo} down day IMO
[15:12] {Threei} um, correction
[15:12] {Threei} there is NO temptation... etc
[15:13] {cosmo} too deep
[15:19] {Threei} then it's not me
[15:25] {magoo} RIMM held well
[15:26] {Threei} Blagoevich said he is innocent and will strangle anyone who thinks otherwise
[15:27] {cosmo} mkt seems to like that news
[15:28] {Larisa1} of course he is, just tried to find good job for his wife, no crime in it :)
[15:29] {Threei} OK, back to spam mail...
[15:30] {KSystems} who is blagoevich?
[15:30] {Threei} hwey, I can get diploma without actually attending college... wow, possibility are endless
[15:30] {Threei} sheesh, those europians
[15:31] {Threei} Illinois governor accused of trying to sell Obama's senate seat
[15:31] {KSystems} oh ok
[15:32] {KSystems} There are countries in which you can found an official university for a few thousand dollars...
[15:32] {KSystems} and give away degrees
[15:32] {Threei} also, I can buy some fake watch and, as email claims, stop being jealous of rich looking men
[15:33] {KSystems} do they have watches that make rich looking men jealous?
[15:35] {dino} no, just girls
[15:35] {Geo} we in anything?
[15:35] {Threei} in coma
[15:35] {Geo} of course
[15:35] {Geo} vad you should put a copyright sign next to that answer
[15:36] {Threei} in coma ® ©
[15:36] {Threei} one spam e-mail is very frustrating
[15:37] {Threei} it's in german I think
[15:37] {Threei} and I am dying to know wehat they told me
[15:37] {Geo} this hurts me
[15:37] {KSystems} what does it say?
06[15:37] * Geo puts anything vad says with the word spam in it on ignore
[15:37] {Threei} well, one word I understand
[15:38] {Threei} Haben Sie das Gefühl, dass Ihre Potenz waehrend des Sex nachlaesst? Kommen Sie zu frueh? Es lauft im Bett nicht mehr wie frueher?
[15:38] {Threei} Oder haetten Sie einfach gerne laengeren und intensiveren Sex?
[15:38] {Geo} lol
[15:38] {lisa_jay} Lisa covers her little kids eyes.
[15:38] {Threei} lol
[15:39] {KSystems} ummm
[15:39] {Threei} don't
[15:39] {Threei} lol
[15:39] {Larisa1} no need to translate, KS :)
[15:39] {KSystems} OK I will translate...skip that in the log :D
[15:39] {Threei} nah
[15:39] {Threei} don't bother
[15:40] {KSystems} :P
[15:40] {Threei} I understood words intensiveren and produkt
[15:40] {Geo} i get NO spam
[15:40] {Geo} and no i am not sharing my email with you vad
[15:41] {Threei} but then you forfeit all the nigerian money
[15:41] {Geo} hehe
[15:41] {lisa_jay} That's it e-mail from me will contain a virus to crash your spam mail...or for good measure just crash all your e-mail system
[15:41] {Threei} oh great
[15:41] {Threei} last source of entertainment
[15:41] {Threei} (and nigerian money)
[15:42] {lisa_jay} Small loss.
[15:43] {Threei} don't say that... 8 millions from one e-mail, 20 from another, pretty soon we are talking real money
[15:43] {KSystems} hrmmmm please do us a favor then and call BEFORE you enter your orders. thanks.
[15:43] {Threei} ands apparently I am very popular over there... new and new people want to make me rich
[15:46] {Threei} {GM F}
[15:47] {cosmo} 'sound as a dollar'
[15:50] {dino} and all other creditors are f#cked
[15:51] {cosmo} even gold at some point...
[15:54] {Threei} OK guys
[15:54] {Threei} thank you all
[15:54] {Threei} great day, very decent week
[15:54] {magoo} TY vad..u hoit some BIG ones today boss
[15:55] {Threei} have a fantastic weekend
[15:55] {lisa_jay} Thanks Vad.
[15:55] {Larisa1} have a nice weekend everybody
[15:55] {Threei} stay warm
[15:55] {Threei} drive safely
[15:55] {dptl} have a good weekend all
[15:55] {Threei} see you all on Monday
[15:58] {dino} take care all
[15:58] {lisa_jay} you too Dino.
[15:58] {dawg} thanks everyone