Session Time: Thu Jan 31 00:00:00 2008
[08:04] {hawkfan4} good morning
[08:04] {Threei}
12 morning hawk
[08:05] {hawkfan4} Vad :)
[08:07] {Threei}
12 just in case you areinterested for some reason:
[08:07] {Threei}
12 S. AFRICAN CENTRAL BANK LEAVES INTEREST RATES UNCHANGED AT 11.00%, AS EXPECTED
[08:07] {hawkfan4} whew, i was hoping they would {g}
[08:08] {Threei}
12 yeah, that's relief
[08:09] {Threei}
12 HOKU
[08:09] {Threei}
12 ANNOUNCES 3-YEAR POLYSILICON SUPPLY AGREEMENT WITH SANYO-Extension of prior agreement
[08:09] {Threei}
12 EMKR
[08:09] {Threei}
12 ENTERS INTO A MULTI-YEAR AGREEMENT TO SUPPLY SOLAR CONCENTRATOR PHOTOVOLTAIC SYSTEMS FOR UTILITY SCALE POWER PROJECTS IN THE SOUTHWESTERN US
-Memorandum of understanding for the supply of between 200 MW and 700 MW of solar power systems that are scheduled for deployment in utility scale solar power projects under development in the southwestern region of the United States
[08:10] {Threei}
12 -Agreement is not expected to contribute revenues until 2009 and is dependant on the renewal of the federal investment tax credit (ITC) extending into 2009 and beyond.
[08:11] {hawkfan4} been scalping the QID more the past few days, it's been pretty reliable, especially right off the open and off extreme moves
[08:11] {Threei}
12 cool beans
[08:11] {Threei}
12 observing of particular vehicle often gives this feeling
[08:12] {Threei}
12 knowing of its manner to move
[08:13] {Threei}
12 one thing to keep in mind about this one
[08:13] {hawkfan4} for sure, and it's easier to handle than the futures
[08:14] {Threei}
12 from what I understand your current approach to it is based on the following:
[08:15] {Threei}
12 generally it does move in a trending manner, however it tends to give nice opportunities when shakes trend followers by countertrend move that goes beyond what seems reasonable
[08:15] {Threei}
12 and jumps back after it gets rid of those buying breakouts/breakdowns
[08:16] {Threei}
12 While this is valid approach under current market conditions, it works because we are having somewhat unusually wide ranges
[08:16] {Threei}
12 and may become much tougher when market comes back to more "normal"
[08:16] {Threei}
12 (providing there is such thing as normal
[08:17] {Threei}
12 just something to keep in mind, not to get caught into situation when market changes while a trader still pushes for what he got used to
[08:18] {hawkfan4} more normal than this market would be nice, but i do understand what you're saying. use it while works then move on
[08:18] {Threei}
12 yup
[08:18] {Threei}
12 or simply adjust your expectations
[08:19] {Threei}
12 the thing is, futures (whose move QID reflects) always were a stop-gunning machine
[08:19] {Threei}
12 so this idea will still have its place, just for probably narrower moves
[08:20] {Threei}
12 on the opther hand, when market is back to norm, we will see momo return, and you will be attracted to those
[08:20] {Threei}
12 this QID thingy is more like fallback option
[08:21] {Threei}
12 something you go to when more attractive things stop working for a while
[08:21] {Threei}
12 but it's a skill nice to have, provides better bottom line
[08:22] {hawkfan4} yes, it's something i haven't used before, and for 2 weeks now i've been 100% scalping and it's been great.
[08:22] {hawkfan4} i've seen the light...
[08:22] {Threei}
12 if you observe things like RIMM or APPL for a while, you'll find similar ideas in them
[08:22] {Threei}
12 hehe... light is good, as long as it's not a train
[08:23] {hawkfan4} lol, i saw that light the first 2 weeks of january :)
[08:23] {Threei}
12 adjustment period when market changes...
[08:23] {Threei}
12 rather normal
[08:27] {hawkfan4} I just started trading full time in September, so i;ve been adjusting as i go. Really learning to appreciate keeping the account swings down to a minimum. Slow and steady and i sleep better
[08:28] {Threei}
12 that's the idea
[08:28] {Threei}
12 excitment has its place after market closes
[08:28] {Threei}
12 in other areas of life
[08:30] {hawkfan4} seriously!
[08:30] {Threei}
12 *(CA) NOV GROSS DOMESTIC PRODUCT M/M: 0.1% V 0.2%E
[08:30] {Threei}
12 die CAD
[08:31] {Threei}
12 *INITIAL JOBLESS CLAIMS: 375K V 319KE; CONTINUING CLAIMS: 2.716M V 2.685ME
- Prior Jobless Claims revised from 301K to 306K
[08:31] {Threei}
12 - Prior Continuing Claims revised from 2.672M to 2.669M
[08:31] {Threei}
12 *DEC PERSONAL INCOME: 0.5% V 0.4%E; PERSONAL SPENDING: 0.2% V 0.1%E
- Prior Personal Spending revised from 1.1% to 1.0%
[08:37] {magoo} morning
[08:37] {Threei}
12 magoo :)
[08:43] {magoo} amzn pounded
[08:44] {magoo} last night it dreopped to 64..11 points..then ran to 76
[08:44] {magoo} now look
[08:48] {magoo} hello?
[08:50] {hawkfan4} hello? :)
[08:57] {cosmo} CDNS
[08:58] {Threei}
12 several donwgrades
[09:00] {cosmo} ...after missing and warning...
[09:03] {dptl} good morning all
[09:04] {Threei}
12 dp :)
[09:04] {Threei}
12 mags... lookie here:
[09:04] {Threei}
12 AMZN ADDED TO THE "SELECT LIST" AT STIFEL; PRICE TARGET $99
[09:04] {magoo} hmmmmmmmmmmmm
[09:05] {Threei}
12 yeah, my thoughts too
[09:05] {cosmo} EMKR: Enters Into a Multi-Year Agreement to Supply Solar Concentrator Photovoltaic Systems for Utility Scale Power Projects in the Southwestern US
[09:05] {cosmo} PR Newswire (Thu 8:00am)
[09:05] {Threei}
12 I'd say, fgot ahead Stifel and buy it
[09:05] {Threei}
12 full text earlier cosmo... there is one additional item in it that is not so rosy
[09:06] {cosmo} oh
[09:06] {Threei}
12 [08:10] {Threei} -Agreement is not expected to contribute revenues until 2009 and is dependant on the renewal of the federal investment tax credit (ITC) extending into 2009 and beyond.
[09:06] {esemde} good morning rt's
[09:06] {Threei}
12 ese :)
[09:08] {esemde} anything with potential this morning.....
[09:09] {cosmo} batteries?
[09:09] {magoo} shorting bounces probably the strategy of day
[09:10] {magoo} scalping for sure
[09:10] {esemde} tks mags......batteries works.....
[09:11] {magoo} boy es..when u announce your leaving room...u really get out quick : )
[09:11] {magoo} as i type "wait" u already gone on several occassions
[09:12] {Threei}
12 and guess what magoo wants you to wait for
[09:12] {esemde} what....
[09:12] {magoo} so with all that in mind ES..................
[09:13] * magoo slaps esemde around a bit with a large trout
[09:13] {Threei}
12 there
[09:13] {esemde} ahhhh good waker upper....
[09:18] {cosmo} ... would that be the red pill?
[09:19] {dino} gm all, looks like a fun one today
[09:19] {Threei}
12 dino :)
[09:20] {esemde} why yes it would cos............why do you ask......
[09:20] {esemde} dino
[09:20] {cosmo} i forgot, after all these years..
[09:22] {dino} gm es
[09:22] {esemde} yellow one takes away the twitching.....green one the violent illusions...purple one take s away drool from the saide of my mouth....remember
[09:23] {cosmo} ah...purple
[09:23] {esemde} Jimi Hendrix purple Haze version.....
[09:24] {cosmo} you gotta be careful with that stuff...
[09:24] {esemde} indeed
[09:24] {esemde} markets looking like a purple haze
[09:25] {esemde} don't know what to look at
[09:25] {cosmo} wind effects
[09:25] {Threei}
12 my bias is down but I am careful somewhat after yesterday with this
[09:26] {Threei}
12 still not sure I understand what played out yesterday, it just had to be down, lol
[09:27] {cosmo} AMZN 68.7'ish high pre mkt
[09:27] {cosmo} fwiw
[09:28] {dino} i will wait and go long panic
[09:28] {esemde} noticed you were talking EMKR earlier any more thoughts there
[09:29] {cosmo} fewer thoughts...
[09:29] {Threei}
12 let's let the chart tell us
[09:30] {dino} "easy" button
[09:30] {bruce} morning all
[09:30] {bruce} just in for few mins today
[09:30] * bruce slaps magoo around a bit with a large trout
[09:30] {bruce} get you now while I still have chance
[09:31] {Threei}
12 lol
[09:33] {magoo} goog reports tonight
[09:35] {esemde} bstop SOLF 16.08
[09:35] {esemde} see if it bounces past that
[09:36] {Threei}
12 EMKR .46 short half lot if stays under .60
[09:36] {bruce} holx long ?
[09:37] {Threei}
12 around 63 maybe
[09:37] {esemde} long SOLF 16.10 stop .90
[09:37] {Threei}
12 EMKR not in short list
[09:39] {bruce} sbux short?
[09:40] {Threei}
12 HOLX nears support
[09:41] {Threei}
12 SBUX no read
[09:42] {bruce} k vad
[09:42] {Threei}
12 RMBS .06 long
[09:42] {Threei}
12 stop under .90
[09:43] {Threei}
12 HOLX worth a try from here on a first strength
[09:44] {Threei}
12 stop under .80
[09:45] {Threei}
12 easy 1:1
[09:46] {Threei}
12 RMBS invalidated
[09:47] {bruce} didn't get holx - wasn't able to see "sign of strength" before pop
[09:47] {bruce} what should I have seen vad?
[09:48] {Threei}
12 bids strengthening, prints switching to offer siode, offers disappearing
[09:48] {bruce} k - was looking but guess not good enough to read that stuff
[09:50] {bruce} good thing you scalped it!
[09:50] {dino} nyx l sm .88
[09:53] {Threei}
12 AAPL small shares long
[09:53] {Threei}
12 .23 trigger
[09:54] {Threei}
12 stop under 130.90, try to get it on pullback if any
[09:54] {Threei}
12 like this
[09:54] {Threei}
12 in .70
[09:55] {Threei}
12 stop under .50
[09:55] {Threei}
12 stopped
[09:55] {Threei}
12 too early in, gotta give it more room for shakeout
[09:56] {bruce} yeah - nice read vad
[09:57] {bruce} quick +13c in nyx
[09:57] {bruce} thanx dino
[09:57] {bruce} gotta run
[09:57] * bruce slaps magoo around a bit with a large trout
[09:57] {bruce} take that
[09:57] {bruce} and havea great day all
[09:57] {Roman}
21 ESLR looks good
[09:57] {Threei}
12 ESLR broke 3 day highs
[09:58] {Roman}
21 had some news this morning too
[09:58] {Threei}
12 two upgrades
[09:58] {Threei}
12 one of them with 18 target
[09:59] {Threei}
12 .80 break worth a try long
[10:00] {dino} sigm l .16
[10:01] {dino} sigm stopped -.30
[10:03] {dino} nyx stopped flat
[10:05] {dino} sigm big old rinse
[10:07] {dino} sigm l trig .50, imo
[10:09] {Threei}
12 with any market help ESLR should take 13
[10:09] {magoo} took it vad
[10:16] {dino} dwsn sm l .80
[10:17] {esemde} out SOLF .30 +20
[10:18] {dino} out sigm +.20
[10:20] {magoo} stop[pped
[10:31] {dino} jaso l sm .20 wide
[10:32] {Threei}
12 XMSR .21 long if stays above .10
[10:32] {Threei}
12 slow one
[10:33] {dptl} got to leave....have a good day everyone
[10:34] {Threei}
12 take care dp
[10:36] {dino} cya dp
[10:38] {dino} bphx
[10:40] {dino} sm l bphx .50
[10:41] {dino} cnqr rockin'
[10:42] {Threei}
12 can'ty find squat so far
[10:43] {dino} algt
[10:43] {Threei}
12 with GOOG reporting today, seems noone knows what to do with all this mess
[10:45] {dino} i'm on small shares and wide stops, too whippy
[10:45] {dino} fwiw
[10:46] {dino} look at amag from yesterday, almost all back
[10:48] {esemde} think i've found my solar swing candidate.....SOLF gonna see how this and market plays out by the end of the day and take a position
[10:49] {dino} tsco
[10:49] {dino} doing same w/jaso
[10:49] {dino} 15 pts down 4 days
[10:50] {esemde} ya....solf is down 15pts also.......shorts are trying to get water from a stone....
[10:50] {dino} from the sun i believe
[10:51] {esemde} ya something like that....
[10:52] {Threei}
12 nice juicy offer at 16
[10:52] {Threei}
12 if taken, will be good indication
[10:53] {esemde} heck...even with my limited valuation techniques....$34.00 bucks is cheap ....watch Vad fry me on this though.....
[10:54] {esemde} are you talking bout SOLF VAD
[10:54] {Threei}
12 for all I know even 50 could be cheap... how it translates it actual stock movement however is another matter :)
[10:54] {Threei}
12 yes ese
[10:55] {esemde} definately.....
[10:55] {Threei}
12 if it stays above .85 and takes 16, good candidate
[10:55] {esemde} I didn't see that offer at 16...is it still there
[10:55] {Threei}
12 yes
[10:55] {Threei}
12 INET
[10:56] {esemde} 400...there it is
[10:56] {Threei}
12 yup
[10:56] {esemde} yes indeed
[10:56] {esemde} 400k that is
[10:57] {Threei}
12 I wish this sector still moved on its own momo not depending on market so much
[10:57] {Threei}
12 would be much easier play
[10:57] {esemde} definately
[10:57] {dino} out dwsn .16, +.36
[11:00] {dino} bphx stop to .98
[11:00] {dino} to .20
[11:00] {Threei}
12 what kind of headline is this
[11:00] {Threei}
12 NDAQ
[11:00] {Threei}
12 CEO: WILL NOT SPEND ONE MINUTE WEIGHING NMX BID, HAS A LOT ON HIS PLATE
[11:01] {dino} stopped .20, +.70 bphx
[11:02] {dino} he's a busy guy i guess
[11:04] {Threei}
12 SOLF touched
[11:04] {Threei}
12 not retreating much
[11:04] {Threei}
12 looks like a good chance for break
[11:05] {dino} djo worst january since 1978
[11:05] {dino} dji
[11:05] {esemde} I'd say.....
[11:06] {dino} cnbc just posted it, so....
[11:06] {Threei}
12 ese, look dcc please
[11:07] {dino} algt s sm .00
[11:10] {dino} driv spike
[11:13] {esemde} am off for the day all have a good rest of it....
[11:13] {Threei}
12 take care ese
[11:14] {Threei}
12 RIMM long with stop under .50
[11:14] {Threei}
12 in
[11:15] {dino} bye es, the fast one
[11:15] {Threei}
12 that was nice pullback for entry
[11:15] {Threei}
12 need market jump now to take it to something more decent than 1:1
[11:16] {magoo} in where? i got .73
[11:16] {Threei}
12 .63
[11:16] {Threei}
12 market says, yeah right
[11:16] {dino} that was me talking
[11:16] {Threei}
12 lol
[11:18] {dino} tsco sm s .00
[11:18] {dino} stop hod
[11:18] {Threei}
12 come on
[11:19] {Threei}
12 out
[11:19] {Threei}
12 probably just a shake but heck
[11:20] {Threei}
12 lol
[11:20] {Threei}
12 reenterd and out
[11:21] {dino} dwsn l sm .24
[11:21] {Threei}
12 we are even
[11:21] {Threei}
12 SOLF broke
[11:21] {Threei}
12 mags, out yet?
[11:22] {magoo} noiope
[11:22] {dino} algt bstop to b/e
[11:23] {magoo} onre more push
[11:23] {dino} out dwsn .50,
[11:23] {dino} =.26
[11:24] {Threei}
12 here comes your push
[11:25] {dino} spwr spike
[11:25] {magoo} out .60 TRY
[11:25] {magoo} TY
[11:25] {Threei}
12 good job
[11:26] {Threei}
12 SOLF ticking
[11:27] {dino} all of the solars
[11:28] {dino} algt stopped flat, spiked on me
[11:28] {Chaeron} hi all
[11:28] {Threei}
12 hey chaeron
[11:29] {Threei}
12 why the extreme happiness
[11:29] {dino} driv s sm, .40
[11:29] {dino} forgot i had it out there
[11:33] {dino} lol cov driv .00, +.40
[11:40] {dino} well, seems we have our dji normal range of +200 pts
[11:43] {dino} rsti hmmm
[11:45] {dino} cov tsco flat, doesn't move
[11:49] {Threei}
12 out half SOLF
[11:49] {Threei}
12 +.44
[11:50] {dino} gj
[11:50] {Threei}
12 ty
[12:01] {magoo} rimm sh? aapl sh vad?
[12:02] {Threei}
12 I am hesitant with this mags... market makes sudden jumps off p;ullbackks
[12:02] {Threei}
12 easy to get caught
[12:02] {magoo} k
[12:05] {Threei}
12 ugh
[12:05] {Threei}
12 missed TIVO news
[12:05] {dino} naz on track for worst jan. ever, cnbc
[12:06] {magoo} tivo avail short vad
[12:06] {Threei}
12 [TIVO] TiVo Inc US Appellate court affirmed in part, reversed in part, and remanded patent case against DISH
[12:06] {Threei}
12 - No details of the ruling and opinion of the court released yet.
[12:06] {Threei}
12 - Reminder: TIVO won a patent ruling against DISH in April, 2007. The Appellate Court later issued a stay, allowing DISH to continue DVR sales pending a ruling.
[12:06] {Threei}
12 - UPDATE: 11:53am: TIVO wins partially, DISH software infringed TIVO patents, DISH hardware did not infringe patents
[12:07] {Threei}
12 .50 breakdown is short TIVO if no new highs
[12:08] {Threei}
12 new high
[12:08] {dino} artc spike
[12:10] {dino} missed it
[12:11] {dino} sm wide rsti s .50
[12:14] {dino} algt sm s .44, wide
[12:20] {dino} bstop to .96 rsti
[12:20] {dino} cov rsti .96, +.54
[12:21] {dino} algt bstop to .35
[12:22] {Threei}
12 TIVO short setup is back if stays below .65
[12:23] {dino} bruce missed a good one for spikes/capits
[12:23] {dino} algt tighten to .30, stuck
[12:24] {Threei}
12 I guess everyone just decided to bury jan and start anew tomorrow dino :)
[12:25] {dino} could be.....but one thing, it's not boring
[12:26] {Threei}
12 come on TIVO, give up
[12:26] {Threei}
12 heard of gravity?
[12:27] {Threei}
12 apparently not, lol
[12:29] {dino} cov algt .26, +.18
[12:30] {dino} going to take a break/walk, clear my head
[12:31] {dino} back in 30 or so
[12:33] {Threei}
12 out, no gravity
[12:36] {Threei}
12 AAPl doesn't want to drop even with NASDAQ mags
[12:39] {magoo} i know stronger
[12:40] {magoo} i just took rimm long 93
[12:40] {magoo} thinkin 94
[12:40] {magoo} if mkt helps
[12:40] {magoo} hl
[12:45] {magoo} FSLR vad, going ]
[12:47] {Threei}
12 watching if takes SOLF with it
[12:47] {magoo} u still got half?
[12:48] {Threei}
12 yes
[12:48] {magoo} 16 right?
[12:48] {Threei}
12 yep
[12:48] {Threei}
12 and stop is right under it now
[12:48] {magoo} give rimm a kick please
[12:50] {Threei}
12 galdly
[12:50] {magoo} wriong way boss.other way
[12:50] {Threei}
12 awww, you meant up?
[12:51] {magoo} out
[12:51] {magoo} sigh
[12:51] {magoo} helluva kick anyway : )
[12:51] {Threei}
12 sorry :)
[12:51] {magoo} .40 cents
[12:52] {Threei}
12 FSLR big pullback
[12:52] {magoo} everything is vad
[12:52] {magoo} sh aapl loss 134
[12:53] {Threei}
12 worth a try
[12:53] {Threei}
12 got 180
[12:55] {magoo} if mkt lets go it will work
[12:56] {Threei}
12 ugh, oversat it
[12:58] {magoo} i was waiyting .59, too low
[13:02] * Threei slaps LaserDave1 around a bit with a large trout
[13:02] * magoo slaps LaserDave1 around a bit with a large trout
[13:03] {Threei}
12 finally FSLR
[13:03] {magoo} out
[13:18] {dino} what did i miss?
[13:19] {Threei}
12 FSLR trade off deep pullback
[13:22] {Threei}
12 TIVO wants another run it seems
[13:29] {Threei}
12 CALM spike
[13:30] {Threei}
12 TIVO tries
[13:38] {dino} nflx
[13:38] {Threei}
12 NFLX dino
[13:38] {Threei}
12 :)
[13:38] {dino} simple minds, huh
[13:39] {dino} buyback 100m
[13:39] {dino} $ not shares
[13:40] {dino} can't borrow at cyber
[14:01] {dino} sm s cnqr .60 wide
[14:08] {dino} acad
[14:15] {dino} cnqr bstop to .77, stuck
[14:16] {magoo} back
[14:19] {dino} stopped cnqr -.18
[14:19] {dino} needed mkt help
[14:23] {Threei}
12 TIVO .11 if not losing 9 anymore
[14:26] {dino} nile?
[14:28] {dino} rinsed cnqr, should've kept original stop
[14:32] {Threei}
12 don't see anything fresh on NILE
[14:32] {dino} sm algt s .40
[14:51] {dino} stopped mkt too strong
[14:53] {Threei}
12 if we are to see any selling today, last hour should be it, by those who don't want to be long into Google earnings
[14:57] {dino} tmta
[14:58] {dino} buyout 15.50
[14:58] {Threei}
12 02:57pm [TMTA] Riley Investments has offered to buy Co. for $15.50/shr - filing
[14:58] {dino} can't borrow
[15:02] {dino} back in 10
[15:02] {Threei}
12 what's wrong with this offer for TMTA
[15:03] {Threei}
12 trades way too far from offered price
[15:09] {Threei}
12 unless there are some underlying problems with it, I'd expect 14.25 - 14.50 range
[15:11] {dino} usually the stay a buck or so away vad, time decay/blah, blah
[15:11] {Threei}
12 right
[15:11] {Threei}
12 so 15.50 minus buck
[15:11] {Threei}
12 that's why I feel it's a bit too low for the price offered
[15:13] {dino} lawsuit just filed against tmta directors, too
[15:13] {dino} fmcn
[15:13] {Threei}
12 - Riley notes Co has refused to provide books, filing suit against board, management
[15:13] {Threei}
12 feels to me like just a method to press them into selling
[15:14] {Chaeron} I've gotta run everybody... best to all
[15:14] {Threei}
12 take care chaeron
[15:15] {dino} cya cheatr
[15:15] {dino} opps
[15:15] {Threei}
12 lol
[15:15] {dino} fat fingers
[15:16] {dino} fmcn one more spike imo
[15:19] {dino} guess not
[15:19] {dino} was waiting at 49.64
[15:19] {dino} too high
[15:20] {Threei}
12 FSRV
[15:21] {dino} tmta offers exp. 2/08/08, seems strange, ploy to get out maybe
[15:21] {dino} wbsn
[15:21] {Threei}
12 it happened before
[15:21] {Threei}
12 don't remember company name... sveral bogus offers
[15:21] {Threei}
12 by one of co-owners
[15:24] {dino} 400+ pt range dji
[15:24] {Threei}
12 SDTH
[15:24] {Threei}
12 12.50 break probably worth a scalp try
[15:28] {Threei}
12 over 1:1
[15:28] {dino} gj
[15:30] {Threei}
12 GOOG has a lot of upside eh? :)
[15:30] {Threei}
12 slight pullback from 750 high
[15:31] {dino} yeah
[15:31] {dino} bidu too\
[15:32] {Threei}
12 these 2-3 dollar jumps are mesmerizing
[15:34] {dino} i can't tred those 2
[15:34] {dino} tread
[15:34] {dino} trade
[15:34] {Threei}
12 not even type it
[15:35] {dino} shhesh, can't spell either
[15:35] {Threei}
12 hehe
[15:36] {Threei}
12 INFA worth a try short
[15:36] {Threei}
12 .87 stop
[15:39] {dino} algt s .50
[15:40] {dino} last try
[15:40] {Threei}
12 no worky INFA
[15:40] {dino} stop to b/e
[15:40] {dino} darn
[15:41] {dino} too jumpy
[15:41] {dino} done w/it
[15:42] {Threei}
12 FERRIS BAKER WATTS CUTS TIVO TO SELL FROM NEUTRAL, PRICE TARGET: $6.50 (TIMING UNCERTAIN)Cites overreaction to Appellate ruling
[15:43] {magoo} short it vad?
[15:43] {Threei}
12 nah
[15:43] {Threei}
12 can easily go either way
[15:43] {dino} fmcn spikey
[15:44] {dino} sgr spike
[15:44] {Threei}
12 where is curtis... his SIRI performed admirably today
[15:46] {dino} most likely done, thx all, had fun
[15:47] {dino} at 20k shares maybe he blew up (kidding)
[15:47] {Threei}
12 what kind of fun is it... barely kept myself from buying GOOG at 562 with 570 in mind... and succeeded in keeping :(
[15:47] {dino} darn algt would've worked nicely, was way too tight
[15:48] {Threei}
12 TIVO sneezed at that downgrade mags
[15:48] {dino} they are siren songs to me vad (bidu, goog). like wrecking the ship on the rocks
[15:48] {Threei}
12 totally
[15:48] {magoo} yeah..nothing easy
[15:49] {Threei}
12 siren song... never what it promises to be yet who of us can resist
[15:50] {dino} gxdx
[15:51] {dino} man, major spikes going on all over
[15:54] {dino} guess i should cx that short fmcn at 49.64
[15:55] {Threei}
12 finally some profit taking
[15:55] {Threei}
12 on last 5 minutes, no less
[15:56] {dino} some, about 100 pts dji
[15:57] {dino} crazy moves
[15:57] {Threei}
12 12 points GOOG
[15:57] {Threei}
12 and get this... even SIRI pulled back 2 cents
[15:57] {dino} lol
[15:57] {Threei}
12 :)
[15:59] {dino} take care all. gotta hop,..coaching son's basketball team
[15:59] {Threei}
12 thank you guys, take care
[15:59] {Threei}
12 see you tomorrow, will be fun
[15:59] {Threei}
12 GOOG an some numbers
[15:59] {magoo} ty vad
[15:59] {Threei}
12 unemloyment I think
[16:00] {Threei}
12 if nothing more, will provide for great entertainment
Thursday, January 31, 2008
Wednesday, January 30, 2008
January 30, 2008
Session Start: Wed Jan 30 00:00:00 2008
Session Time: Wed Jan 30 00:00:00 2008
[05:27] {cosmo} ETFC pre mkt high = 4.52 so far
[05:29] {cosmo} squeeze rumors...
[05:36] {Threei} insider buys or something like that
[05:36] {Threei} Good morning
[05:37] {cosmo} ALTI: Altairnano Signs $2.5 Million U.S. Navy Contract for Development of Nano-Lithium Titanate Battery Technology
[05:37] {cosmo} Business Wire (Wed 8:00am)
[05:38] {cosmo} 3.89 pre mkt high
[05:40] {Threei} ALTI is one of those... often looks promising, almost never delivers
[05:41] {Threei} catches fire sometimes but most of the time fizzles out
[05:41] {cosmo} hmmm... its time
[05:41] {Threei} would be nice
[05:42] {Threei} we could use momo runner that doesn't notice broader market
[05:42] {cosmo} someone's gonna get a breakthru in battery technology and change the world....maybe
[05:43] {Threei} didn't energizer bunny do that already?
[05:43] {cosmo} he tried
[05:43] {cosmo} old tech
[05:43] {Threei} ah
[05:44] {Threei} non-nano is the term future generations will probably use to indicate stone age tech
[05:44] {Threei} I claim the word coin
[05:44] {cosmo} coin the word?
[05:46] {Threei} don't confuse me that early
[05:46] {Threei} I am confused successfuly without help
[05:46] {cosmo} PN dates = pre nano ...AN = after nano ... right?
[05:46] {Threei} sounds right to me
[05:47] {cosmo} :)
[05:48] {cosmo} SLAB beats est.
[05:49] {cosmo} 32.40 high
[05:55] {cosmo} CYMI: Cymer posts Q4 profit below view, sees lower Q1 revenue
[05:55] {cosmo} at Reuters (Tue 6:17pm)
[05:55] {cosmo} off 18%
[05:58] {dptl} good morning all
[05:58] {Threei} dp :)
[05:59] {magoo} mornink seradmoc
[05:59] {Threei} magoo :)
[06:02] {esemde} morning youzz guys and dolls.....like whats happinin eh.....
[06:03] {Threei} ese :)
[06:03] {esemde} vad
[06:03] {cosmo} here comes the sun, ese :)
[06:03] {dino} gm all, blustery day here
[06:04] {esemde} as in The Beatles "Her Comes The Sun"
[06:04] {Threei} dino :)
[06:04] {cosmo} her?
[06:04] {esemde} Here...opps
[06:04] {cosmo} :)
[06:08] {esemde} Ok ...looking for advice here.....am still long ESLR at .27...closed the day at .55 yesterday...earnings release is after close today and it's bidding up now.....wha da ya think...dump it or hang on till the end of the day
[06:09] {Threei} coin toss IMO, ese
[06:09] {Threei} too many factors involved to make even educated guess
[06:10] {esemde} i'm pretty sure i'm going to dump it....i've held through other earnings releases and it's a crap shoot
[06:10] {Threei} fed day today... what oil does... what solar sector does... and earnings of this particular one on top of it all
[06:10] {Threei} with so much uncertainty, I am pretty sure I wouldn't hold it
[06:11] {lumdus} gm all.
[06:11] {Threei} lum :)
[06:12] {esemde} lump...i mean lum....morning
[06:12] {lumdus} ese, day didn't start and you starting up already ?
[06:12] {esemde} sorry couldn't resist that one....
[06:12] {lumdus} :)
[06:13] {Threei} my take on today guys:
[06:13] {esemde} go for it ........i'm ready ...hit me with your best one...
[06:13] {Threei} 1. market will want to go red and stay red no matter what fed announces
[06:14] {Threei} 2. there will be a lot of repositioning so general trend won't be smooth, hence scalping is in effect
[06:14] {Threei} 3. the closer to announcement time the tighter range is going to be, with accidental jerking around
[06:15] {lumdus} what time is announcement ?
[06:15] {Threei} 2:15 EST
[06:15] {lumdus} ok, so lunch from 1 - 2:30
[06:15] {lumdus} continue ..
[06:15] {esemde} 11:15 our time on the west coase
[06:15] {esemde} "coast"
[06:16] {Threei} my idea of today's entries is the same as last couple days - short bounces
[06:16] {Threei} maybe buy extreme selloffs
[06:16] {Threei} will see
[06:21] {bruce} welcome back lum
[06:21] {dino} and, of course, have fun
[06:22] {lumdus} Bruce, i can't work everyday. need to have fun you know ..
[06:23] {bruce} good attitude lum
[06:23] {bruce} this little piggy went to market
[06:23] {bruce} that little piggy lowered fed rate
[06:24] {bruce} and all the little piggies went oink oink oink as they tried to figure out markket direction
[06:24] {bruce} that about sums up today
[06:25] {dino} perhaps figuring direction is a waste of time, just react
[06:26] {Threei} I second that dino
[06:29] {Threei} watching CYMI for possible short
[06:30] {Threei} .50 resistance so far
[06:31] {Threei} broke, still waiting
[06:32] {Threei} small shares short hwere, 28.10 stop
[06:33] {Threei} in .83
[06:33] {Threei} stopped
[06:33] {lumdus} in flex 11.19
[06:34] {lumdus} stop 11.09
[06:37] {Threei} AAPL long with stop under 130.40
[06:37] {Threei} missed entry so far
[06:37] {Threei} maybe one more pullback
[06:38] {Threei} in
[06:38] {lumdus} stop on flex 11.13
[06:40] {Threei} out AAPL131.10
[06:40] {Threei} +.39 if my math is correct
[06:41] {dino} vmw l .00, sm
[06:41] {dino} trig
[06:41] {Threei} CYMI .80 another short try
[06:42] {Threei} stop just above 29
[06:43] {Threei} in
[06:43] {lumdus} flex 1/2 out .42 +.22
[06:44] {Threei} good one
[06:46] {Threei} CYMI over 1:1
[06:46] {lumdus} out flex .55 +.25
[06:46] {lumdus} +.35 .. sorry
[06:47] {lumdus} easy money made.. i am sure this can go to 12 / 13 today .
[06:47] {Threei} covered half CYMI
[06:47] {lumdus} vad, on a normla day i would hold flex for a full day, it has those charact..
[06:48] {lumdus} however, after your speach this morning of the fed stuff, i am scalping.
[06:48] {Threei} stop to b/e for second half
[06:50] {Threei} stop to above .60
[06:50] {dino} l de .50
[06:52] {dino} de stopped -.30
[06:53] {Threei} out
[06:53] {lumdus} ho, shoots. Flex to 13 man .. maybe i shouldn't scalp
[06:55] {dino} jaso l .25
[06:55] {dino} wide
[06:55] {Threei} RMBS .86 long half lot if stays above.70
[06:56] {bruce} got +.24 in de dino - was able to get .26 entry
[06:56] {bruce} back to flat for day
[06:56] {lumdus} in rmbs .91
[06:57] {dino} gj bruce, went right for my stop
[06:57] {bruce} just lucky dino
[06:57] {Threei} if you feel strongly about FLEX, it pulls back into support
[06:57] {dino} :)
[06:58] {lumdus} vad, not anymore. rmbs much healthier
[06:58] {dino} out jaso .60, +.35
[06:59] {cosmo} YHOO 19.15 hod fyi
[07:00] {dino} fwlt
[07:01] {lumdus} go rmbs !
[07:01] {Threei} RMBS 1:1
[07:02] {dptl} out ty
[07:02] {Threei} :)
[07:02] {lumdus} vad, this one i am going to hold a little
[07:02] {Threei} good luck
[07:03] {lumdus} vad .87 support ?
[07:03] {Threei} at this point, yes
[07:03] {dino} jaso l sm .25
[07:04] {dino} fwlt l sm .01fwlt l .01
[07:05] {lumdus} rmbs suport held very nicely and now breaking. give me more
[07:06] {Threei} Greed is Good. G Gekko
[07:07] {dino} indeed
[07:08] {dino} out fwlt .65, +.64
[07:08] {Threei} wtg
[07:09] {dino} ty
[07:10] {lumdus} stop on rmbs 17.93
[07:11] {lumdus} glad out flex..
[07:11] {dino} out jaso .25, flat
[07:12] {Threei} notice how it made you wish to get back in at the exactly wrong time
[07:12] {lumdus} yes, i notice that.
[07:12] {lumdus} rmbs meanwhile working like a good boy
[07:12] {lumdus} about to toffer 1/2 out on rmbs next run
[07:12] {Threei} this is the way to incorporate emotions you feel in your action - those are likely emotions that drive the crowd,
[07:12] {lumdus} out rmbs 18.22
[07:12] {Threei} so being learned and disciplined trader you can use it
[07:13] {lumdus} +.32 thanks vad
[07:13] {Threei} welcome sir
[07:13] {Threei} 3:4 so far
[07:13] {lumdus} second 1/2 stop 18.03
[07:13] {lumdus} no 4:4 so far
[07:13] {dino} gj guys
[07:14] {lumdus} selling rmbs .45
[07:14] {lumdus} +.65 nice job vad
[07:14] {Threei} congrats
[07:15] {lumdus} ok, that means i take off tommorrw again.
[07:16] {bruce} glad you got o9ut jaso flat - what told you to exit dino?
[07:16] {lumdus} don't slap me .. what time is the fed thing 11:15 or 2:15 ?
[07:17] {Threei} depends on your time zone
[07:17] {dino} oih bruce
[07:17] {bruce} k
[07:17] {bruce} got you
[07:18] {Threei} if you are in Mongolia, or for some wierd reason want to know by their time... one thing
[07:18] {lumdus} i am in NY
[07:18] {Threei} 2:15 then :)
[07:18] {lumdus} ok tx. yeah, i am thick sometimes
[07:19] {Threei} FLEX is ready for bounce
[07:19] {Threei} .33 would be the stop
[07:19] {lumdus} i am watching aci. I like it much better
[07:20] {lumdus} if stays above .88 and breaks 43.04 i am in
[07:23] {lumdus} in aci 43.03 .02
[07:23] {dino} vmw l .00
[07:23] {lumdus} stop 42.89
[07:23] {dino} out .25, +.25
[07:23] {esemde} bstop FLEX .52 1/2 lots
[07:24] {esemde} higher low theory....
[07:26] {esemde} long FLEX .52
[07:27] {esemde} stop .33
[07:27] {Threei} I played it differently ese... but then again, my target was just a quick scalp
[07:28] {lumdus} short c .54 stop .61
[07:28] {esemde} how did you play it VAD.......
[07:28] {Threei} DOE CRUDE: +3.6M V +2ME ; GASOLINE: +3.6M V +2ME ; DISTILLATES: -1.5M V -2.1ME ; UTILIZATION: % V 86.2%E
[07:28] {esemde} bounce.....
[07:28] {Threei} are we swimming in oil or what
[07:28] {lumdus} ou taci -.08
[07:29] {Threei} I just grabbed .42 with 9 cents stop, and dumped into 1:1 when it broke .50
[07:29] {esemde} so I bought your shares...how do you determine a bounce so quickly
[07:30] {lumdus} C not going the right way, needs to go down soon
[07:30] {Threei} definitely not my shares, I sold .53 :)
[07:30] {esemde} could have bee .5212
[07:31] {esemde} how did you determine the bounce so quickly....and what chart are you looking at 1 min?
[07:31] {Threei} 1 min yes
[07:32] {Threei} it bottomed at .34, went above .40, made couple little moves around it, and refused to lose .40 on further selling..
[07:32] {esemde} the drop volume bar was 3 before the low bar. 269000
[07:32] {Threei} risk was so small at this point, and pullback from high so significant,
[07:33] {Threei} with NASDAQ climbing further up, it was a safe enough bet
[07:33] {esemde} so did you do .09 with size....couple of lots
[07:33] {Threei} right
[07:33] {Threei} thick stock
[07:33] {esemde} hmmmm that would be safe....in/out/done
[07:33] {Threei} slippage is not very likely
[07:34] {lumdus} c needs real slippage
[07:34] {esemde} whereas mine has opportunity to fall from here.......hmmmmmm
[07:36] {lumdus} in gm 27.68
[07:36] {lumdus} stop 27.57
[07:37] {dino} jaso drop
[07:38] {lumdus} out gm -.11
[07:39] {lumdus} stop on c 27.58
[07:40] {lumdus} vad, gm trade was bad trading or valid ? (the stop )
[07:40] {lumdus} c
[07:41] {lumdus} out no workey either
[07:41] {Threei} I didn't like entry
[07:41] {Threei} stop placement was right
[07:41] {Threei} entry is too "chasey"
[07:42] {lumdus} .58 would be the right entry ?
[07:42] {Threei} it consolidated for a while under .60, that would be my trigger
[07:42] {lumdus} yeah, i see that.. "too chasey" !
[07:42] {dino} amag
[07:43] {Threei} whith .60 entry, .49 stop you had 1:1 easy
[07:43] {Threei} with .68 entry, risk/reward ratio is not matching the chart setup
[07:44] {lumdus} OK, thanks
[07:44] {dino} amag l sm .95
[07:44] {lumdus} overall good day today. ce ya, be back 2:30
[07:44] {esemde} come on FLEX BABY!!!!!!!!
[07:45] {Threei} {FLEX} huh? you called?
[07:45] {dino} out amag .50, +.55
[07:45] {dino} one of those days...:)
[07:46] {esemde} trying your technique Vad...scream at it a little
[07:46] {esemde} just noticed......it works...how bout that
[07:46] {Threei} t complete the technique, kick them in the rear too
[07:46] {dino} throw something too es, preferrably at magoo
[07:46] {Threei} steel-toed shoes won't hurt
[07:46] {Threei} lol dino
[07:47] {dino} thats what i do
[07:47] {bruce} shoot - had been watching amag and missed yoru call in it dino
[07:47] {dino} amag again drops
[07:47] {esemde} been watching MRVL for a bit.....daily chart looks ready for a break out up.....
[07:48] {bruce} vmw had a nice pop
[07:48] {dino} oops wrong chart
[07:48] {dino} yes vmw, i sold way soon, scalp mode ya know
[07:49] {esemde} scream #2........COME ON FLEX BABY!!!!!
[07:49] {esemde} screamed with the come on as well
[07:49] {dino} amag bruce, give me a bottom
[07:49] {dino} or l trig .00
[07:50] {bruce} looks to me like vmw is settingup for big move again - but I don't have feel forlong or short
[07:51] {dino} toughy w/that destruction yesterday
[07:51] {bruce} 55 even for amag
[07:51] {dino} amag bottom .19 looks like
[07:54] {esemde} heres some words to live by from a musician,,,"LIVE LIFE LOUD" huh huh huh...wha da ya think
[07:56] {dino} i like it
[07:56] {Threei} I do too.. not sure about neighbours though
[07:56] {esemde} tks...i feel thats what what were doin on VADS board
[07:57] {dino} wouldn't bother my neighbors, turning into a party neighborhood
[07:57] {esemde} COME ON FLEX BABY!!!!!!!!!!
[07:57] {dino} why thank you
[07:58] {dino} amag sm l here bruce
[07:59] {dino} ucbi
[07:59] {dino} missed
[08:00] {dino} was thinking 19.80s
[08:03] {esemde} oh oh......
[08:04] {dino} ustr
[08:06] {bruce} ucbi moving again too dino
[08:06] {dino} safm
[08:06] {dino} not enough ucbi, imo
[08:07] {bruce} k
[08:09] {bruce} safm looks good
[08:09] {dino} i like $2+/- on spikes, $2.50+/- on capits, fwiw
[08:09] {dino} and now my secret is out
[08:10] {dino} s safm sm .10
[08:10] {bruce} cool - s0me numbers to play with
[08:12] {dino} see how difficult my system is to use, lol
[08:12] {bruce} lol
[08:12] {bruce} thats the short version dino
[08:12] {bruce} plus watching ndx oih and so forth
[08:13] {dino} find your edge, manage the risk, be consistant, & keep it simple
[08:13] {dino} ktec
[08:15] {dino} safm bstop to b/e
[08:16] {dino} whoa ktec a bit thin
[08:16] {dino} ditch it
[08:17] {bruce} I see that 17 k for day
[08:18] {dino} yeah, wasn't expecting that, might be just 3 guys messing w/it
[08:18] {Threei} RIMM .61 small shares long with stop under .50
[08:18] {Threei} invalidated
[08:19] {esemde} OUT FFFFFFFFFFLEX.......
[08:19] {esemde} .32
[08:20] {bruce} yeah - probably mags roman and vad again
[08:20] {dino} ravn drops
[08:20] {dino} too thin
[08:20] {dino} sigm bit of blood
[08:21] {bruce} sigm dino
[08:22] {Threei} RIMM setup is back, same structure
[08:23] {dino} safm stopped flat
[08:23] {Threei} 1:1 in a hurry
[08:23] {Threei} and over
[08:24] {bruce} triggered before I could pull it up vad
[08:24] {bruce} nice trade - congrats
[08:24] {Threei} ty
[08:24] {Threei} what do you mean before you could pull it up?
[08:24] {dino} sigm .40s?
[08:24] {Threei} it was a few minutes between my aklert and actual trigger
[08:25] {dino} sigm sm l .00
[08:25] {dino} too soon
[08:26] {Threei} dino... magoo left on purpose, to have a reason to blame me again for calling winners when he is away?
[08:26] {dino} yes vad, that was his plan
[08:26] {Threei} thought so
[08:27] {dino} order "the big sandwich" for super bowl
[08:28] {dino} 4 feet of hogie , mmm, mmm, mmmmmm
[08:29] {dino} i see noboby appreciates fine food
[08:30] {Threei} hehe
[08:31] {dino} out amag .40, +.50
[08:31] {Chaeron} Hi all - great to be here
[08:32] {dino} gm chaer
[08:33] {dino} sigm stop to lod not moving
[08:34] {dino} stopped -.24
[08:35] {dino} de lod
[08:35] {bruce} hey chaeron
[08:35] {Chaeron} hi bruce, dino... :)
[08:36] {Threei} chaeron :)
[08:37] {bruce} sigm looks to be reversing dino
[08:38] {Threei} wow RMBS is still moving
[08:38] {dino} what a rinse
[08:39] {bruce} rinse? de?
[08:39] {dino} good call bruce
[08:39] {dino} sigm rinsed me
[08:40] {bruce} k - sorry
[08:40] {bruce} would like to get at 42.75 or so
[08:40] {bruce} with 40 c stop
[08:40] {dino} i would think that it could do that at least
[08:41] {dino} no news out
[08:42] {Threei} RMBS .80 short half lot if stays under 20
[08:43] {dino} de sm l .10
[08:43] {dino} meli disaster continues
[08:45] {dino} nyx
[08:46] {bruce} safm short again .29
[08:48] {dino} out de .50, +.40
[08:49] {dino} too soon
[08:50] {dino} amag drops again
[08:51] {dino} sm l amag .50, wide
[08:53] {bruce} out safm =.20
[08:54] {dino} gj
[08:55] {bruce} thanx dino
[08:58] {dino} amag stopped -.40
[08:58] {dino} taking a lunch break
[08:58] {bruce} bailing amag
[08:59] {Threei} WHITE HOUSE: GDP REPORT TODAY DOES NOT CHANGE OUTLOOK, DOES NOT EXPECT RECESSION
[09:00] {magoo} back
[09:00] {Threei} you left?
[09:00] {magoo} sigh..all morning f'in around
[09:01] {magoo} lol
[09:03] {magoo} i miss alot of trades vad?
[09:03] {Threei} just 1 I think, RIMM
[09:04] {Threei} quick 20 cents, nothing extreme
[09:04] {magoo} ok
[09:04] {magoo} ty
[09:04] {magoo} prob not much now thru decision
[09:05] {dino} gj sigm bruce
[09:05] {Threei} RMBS .99 short
[09:05] {Threei} stop above .10
[09:05] {magoo} full lot?
[09:05] {dino} cpts
[09:05] {Threei} yeah
[09:08] {bruce} I didn't get my entry in it dino
[09:09] {bruce} not paying close enough attention
[09:09] {dino} ohhh mannnnnnnn, :)
[09:09] {bruce} should have raised bid on strenth in it
[09:09] {dino} watching de again
[09:11] {bruce} hmm - amag possible long now dino
[09:12] {dino} was thinking the same bruce
[09:13] {Threei} die already RMBS
[09:13] {dptl} kick it
[09:13] {magoo} how much u thinking? 1 : 1 or more?
[09:13] {Threei} sure
[09:13] {esemde} AH HA....theres that yelling thing again.....
[09:13] {dptl} out +.13 ty
[09:14] {Threei} half out here mags
[09:14] {Threei} stop to 20.01
[09:15] {Threei} 19.91
[09:15] {bruce} thinking .9 trigger in amag with 25c stop
[09:15] {Threei} want it to dive quickly after losing .70 for full cover
[09:16] {magoo} ok
[09:16] {dino} de sm l .14
[09:16] {Threei} here we go
[09:16] {dino} feels lower amag, imo
[09:16] {Threei} .76 stop
[09:16] {Threei} out
[09:16] {Threei} not enough oompn of breakdown
[09:17] {Threei} don't want to sit through bounce
[09:17] {magoo} out TY
[09:17] {Threei} :)
[09:17] {bruce} you're right - amag not finished bleeding
[09:17] {Threei} just in time mags
[09:17] {dino} heck of a daily range on it
[09:18] {Threei} who needs 25 cents bounces
[09:18] {magoo} still a scalpers mkt boss
[09:18] {Threei} sure... especially nearing fed time
[09:19] {Threei} actually, I am amazed we find trades still
[09:19] {dino} cut de not working
[09:19] {Threei} usually less than 2 hours till fed everything's dead
[09:20] {magoo} repositioning into fed
[09:20] {bruce} yeah see that - wasn't in it
[09:20] {bruce} takingbreak
[09:20] {Threei} and you kniw the worst part of today mags?
[09:21] {magoo} what?
[09:21] {Threei} laserdave is not here still
[09:21] {magoo} should be {lasydave he he}
[09:21] {Threei} lol
[09:22] {Threei} trades are fine, something like 5 for 6 or so
[09:22] {Threei} and what I like about today is the same thing as last couple days:
[09:22] {Threei} high percentage of wins and a lot of those that never trigger
[09:22] {magoo} i thought only RIMM?
[09:22] {Threei} hmm? Rimm was one I called while you weren't here
[09:23] {Threei} a few more worked, with one stopped
[09:23] {esemde} is there any reason whatsoever that these fed goofs would not cut rates again today.....
[09:23] {Threei} several non-triggering ones mean we are nicely on being careful side
[09:24] {Threei} by "better miss it than get in so-so one" logic
[09:24] {Threei} ese... you are trying to decipher the way aliens think...
[09:25] {Threei} they have different atmosphere, pkants, animals, pressure, gravity etc... can you really get in their way of thinking? :)
[09:26] {curtisweese} Hi, everyone. I'm a newbie....well I'm reading the course and going through the vids. I have been playing with a little money and paper trading and doing okay since I started with the books though. :)
[09:26] {Threei} RMBS bounce was worth re-shorting... I just felt we are at the end of readable period
[09:26] {Threei} hi curtis, welcome to the room
[09:27] {esemde} i figured...
[09:27] {esemde} curtis...welcome
[09:27] * Threei slaps LaserDave1 around a bit with a large trout
[09:27] {Threei} magoo, don't fall asleep
[09:27] {Threei} curtis... don't heistate to ask questions
[09:27] {Threei} and never mind our being a little bit insane
[09:28] {Threei} this is our way to stay sane in profession demanding insanity
[09:28] {Threei} magoo!!
[09:29] * magoo slaps LaserDave1 around a bit with a large trout
[09:29] * magoo slaps LaserDave1 around a bit with a large trout
[09:29] * magoo slaps LaserDave1 around a bit with a large trout
[09:29] {Threei} finally
[09:30] {Threei} I was about to ask dino to put his elbow in your ribs
[09:30] {LaserDave1} I feel so much better now
[09:30] {Threei} oh hi dave
[09:30] {LaserDave1} ha
[09:30] {magoo} gklad too help bro
[09:30] {LaserDave1} hey thats what friends are for!
[09:32] {curtisweese} Am I going to run into problems trading 20,000 shares at a time using your techiques if I stick with stocks like SIRI that have pretty huge volumes each day? Or is that limiting my potential because of the amount of shares at a time? It just seems that using your techniques and getting even $.02 to $.03 per share on a scalp on a high trade volume stock would be great. Am I off base?
[09:32] {Threei} this is one of scalping techniques
[09:32] {Threei} scalp type 1
[09:32] {dino} amag sm l .20
[09:33] {Threei} with right reading of particular stock it works
[09:33] {Threei} I wouldn't limit myself to just one technique but it's a personal preference
[09:34] {Threei} one thing to keep in mind when focus on such approach:
[09:34] {curtisweese} Like I look at SIRI right nowand I see it just dropped below 3.08 which looks to me like it will keep going down based on the chart. (based on my newbie learning of your teachings!) heheh
[09:34] {Threei} it requires observing particular stock to tgget a feel for how it trades,
[09:34] {Threei} and herein lies the danger:
[09:34] {Threei} at some point stock changes its behavior
[09:35] {curtisweese} Threei, I see. I have been only following this one stock for now since I'm so new..if it starts dropping all the time then I'm in trouble....
[09:35] {Threei} while a trader who got very famiiar with it believes he almost developed special relationship with it
[09:35] {Threei} so he refuses to change
[09:35] {Threei} hopes to sit out a loss
[09:35] {Threei} the rest of the story is well known and very sad
[09:36] {Threei} moral is simple... never fall inlove with stock
[09:36] {Threei} never marry it
[09:36] {Threei} never think you know everything about it
[09:36] {Threei} things change on a dime, roll with punches
[09:36] {dino} amag stopped
[09:36] {dino} done w/it
[09:37] {Threei} I knew people who traded one stock, or very limited basket of stocks
[09:37] {Threei} saw some of them falling into this trap
[09:38] {Threei} also, with stocks like SIRI and such big lots, make sure you have a broker that provides full ECN pass-through and learn to use it
[09:39] {Threei} will cut down commissions greatly
[09:39] {curtisweese} yeah, i saw that too. I'm using that ScottradeElite they have for people with $25k in the account....they swear it is instant execution even versus the direct ECN ....they probably are full of it, eh?
[09:40] {Threei} never used them, can't tell
[09:40] {Threei} but what I mean by pass-through is not even speed of execution
[09:40] {Threei} I am talking about broker passing ECN rebate onto you if you add liwuidity
[09:41] {Threei} liquidity
[09:41] {Threei} it's abig financial help with this type of trading
[09:41] {curtisweese} maybe i will babystep with the other one for a bit and then move over when i get my head on straight
[09:42] {Threei} sure, what's the rush
[09:42] {Threei} I can assure you, market is going to be there in a month or year or 10 years
[09:42] {curtisweese} move to the pass-thru ecn one i mean....this is so fun, but scary. I quit my other addicitions...hehehe.....
[09:42] {curtisweese} If the market is gone, then I guess we all have bigger problems!
[09:43] {Threei} lol
[09:44] {curtisweese} wow! was i right on that SIRI one!....i have been blown away at your course and that it really works right away. (don't worry, I'm not letting my ego get to me!)
[09:45] {Threei} my course works?
[09:45] {Threei} I have a course?
[09:45] {Chaeron} of course
[09:45] {curtisweese} hehe
[09:46] {Threei} never mind... lapse of brain activity
[09:46] {Threei} fed days tend to do that to you
[09:48] {Threei} I don't see CPTS news
[09:48] {Threei} what's with this piggy?
[09:50] {dino} vrad
[09:50] {Threei} I bet dino puts short at 18.50 right now
[09:51] {esemde} I'm otta here all have agreat rest of the day...
[09:51] {curtisweese} bye
[09:51] {Threei} take care ese
[09:51] {esemde} vad curtis
[09:52] {dino} lol 3i, its at 17.40
[09:52] {Threei} yes, so I figured you added a point for safety :)
[09:53] {dino} maybe i should
[09:53] {Threei} anyone sees any news for it?
[09:54] {Threei} .20 short if stays under .50, SMALL SHARES
[09:55] {Threei} invalidated
[09:55] {Threei} likely to spike over 18 now
[09:55] {dino} too soon, stopped .75 -.35
[09:56] {dino} amag getting crushed
[09:56] {curtisweese} now if i was playing SIRI for huge shares, i'd buy now at 3.07 and look for $.02
[09:57] {curtisweese} if i'm doing it right
[09:57] {curtisweese} and there is my .02! heheh :)
[09:57] {curtisweese} sell half and ride rest.....
[09:58] {curtisweese} or not... :( i'm such a newbie
[09:58] {Threei} observe curtis... don't rush
[09:58] {bruce} hly doodle - amag dino
[09:59] {Threei} so far it does what you envisioned
[09:59] {curtisweese} that's why i'm paper trading, sensei
[09:59] {curtisweese} lol
[09:59] {dino} pretty brutal, filling my scanner
[09:59] {Threei} at this rate AMAG will be $1 before the day end
[10:00] {dino} they were at a conference, but i cannot find anything else
[10:00] {Threei} {--- bidding 1.01
[10:00] {dino} cpts now vad s .50
[10:00] {Threei} AMAG HEARING DEFENDED AT A TIER 1 FIRM (TIMING UNCERTAIN)
[10:01] {Threei} stop over .80?
[10:01] {bruce} careful vad - you could lose bigon that trade
[10:01] {dino} .81
[10:01] {Threei} on what trade bruce?
[10:01] {dino} we missed couple pts
[10:01] {bruce} amag at 1 buck
[10:01] {bruce} lol
[10:01] {Threei} oh
[10:02] {Threei} no way
[10:02] {Threei} tier 1 firm will help me out
[10:02] {bruce} oh - lucky you
[10:02] {Threei} so far so good dino
[10:03] {dino} gj
[10:05] {Threei} bidding CPTS .95 for cover
[10:06] {dino} going lower imo
[10:06] {Threei} out
[10:06] {Threei} the rest is yours dino
[10:06] {dino} waiting at 16.40
[10:07] {dino} maybe not
[10:12] {dino} cov .00, +.50 cpts
[10:12] {dptl} rmbs short?
[10:14] {dino} brb
[10:16] {dptl} LaserDave dcc pls
[10:17] {Threei} not sure dp
[10:17] {Threei} it does feel like short to me
[10:17] {Threei} it's just that things become less and less certain as near feds time
[10:18] {dptl} ok thnx
[10:18] {Threei} can try .50 breakdown with stop over .60 but keep it small
[10:20] {dino} vad you take amag? what price?
[10:22] {Threei} AMAG? no
[10:22] {Threei} my bid at 1.01 never got hit {G}
[10:22] {dino} lol
[10:22] {bruce} shame vad
[10:22] {bruce} looked pretty reasonable for a bit there
[10:23] * dptl slaps LaserDave1 around a bit with a large trout
[10:23] {bruce} whats the news on amag - another guy jumping out of a helicopter?
[10:25] {Threei} FDA troubles bruce
[10:25] {Threei} need help dp?
[10:25] * Threei slaps LaserDave1 around a bit with a large trout
[10:25] {dptl} ty lol
[10:25] {bruce} k
[10:25] {dino} boards now saying not amag issue, but who knows
[10:26] {Chaeron} 13:26 01/30 *DJ John Edwards Announces He's Dropping Out Of US Pres Race
[10:26] {bruce} only her hairdresser knows for sure
[10:26] {Threei} there is or was conference call also AMAG
[10:27] {Threei} who knows what is said there
[10:27] {Threei} oh, it's tomorrow... even worse
[10:27] {Threei} guess what curtis... your SIRI idea works like charm
[10:29] {dino} cpts
[10:29] {Threei} XMSR some happiness
[10:30] {Threei} probably what pushes SIRI too
[10:34] {bruce} cvco dino?
[10:34] {curtisweese} Threei, that is the only stock i follow...hehe....
[10:35] {bruce} forget it - too thin
[10:35] {curtisweese} see the handle of the teacup on it?
[10:35] {Threei} yup
[10:36] {Threei} keep in mind that in order to add reliability to your SIRI read you need to watch what XMSR is doing
[10:36] {curtisweese} since i only need a $.02 or so shifts (or so i plan), it is great for me...high liquidity and constant fluctions of about $.10 and I believe it is on the upside, so trend is my friend....(or so i hope!!!..hahahaha)
[10:36] {curtisweese} that is great advice, Threei for sure...i haven't been diligent as much as I should with following XMSR....thanks!
[10:43] {curtisweese} 14 min till Armegeddon :)
[10:44] {Threei} 30... armageddon is at 2:15 today
[10:48] {Threei} OPEC PRESIDENT: GLOBAL OIL STOCKS ARE CURRENTLY HEALTHY, THINKS EXTRA OIL WOULD NOT HELP WORLD ECONOMY- Thinks Q2 world oil demand is expected to fall
[10:48] {dino} i need more patience, cpts got to 16.40
[10:49] {Threei} good read
[10:49] {curtisweese} greeeeeed lol
[10:49] {dino} abfs
[10:49] {bruce} bang - your cpst cover would have just triggered dino - nice read
[10:49] {dino} but i chickened out
[10:49] {bruce} you got .50 though - still nice - gret read
[10:49] {dino} ty
[10:50] {dino} bruce, oih, fslr, spwr, jaso
[10:50] {dino} all down big
[10:51] {bruce} yes - watching
[10:56] {lumdus} bruce, what we watching now ?
[10:57] {Threei} TV
[10:57] {lumdus} which show ?
[10:57] {curtisweese} cnbc for me
[10:57] {Threei} Feds Interrupted
[10:58] {dino} vh1
[10:59] {dptl} wierd russian show about zombies here
[10:59] {lumdus} i would take yrcw .. but i am not going to be "too chasey" .. love that phrase vad
[10:59] {Threei} lol dp
[10:59] {Threei} why do you need more zombies, there are enough of those in the market
[11:00] {dptl} :)
[11:00] {bruce} amag, hans, jec sigm among others lum
[11:00] {lumdus} any connection bruce ?
[11:00] {dino} fxre
[11:01] {bruce} just fair sized moves in them lum
[11:01] {dino} wow
[11:01] {lumdus} will take short nbr if it breaks 26.67
[11:01] {Threei} yesss
[11:02] {lumdus} yes what ?
[11:02] {Threei} nopw on top of all my Nigerian and Ivory Coast luck, guys from Sierra Leone want to give me 12.3 mil
[11:02] {Threei} just how much luck can one person have
[11:02] {dptl} lol
[11:02] {bruce} russian zombies are the worst dp
[11:03] {bruce} especially watch out for those w cats following
[11:03] {bruce} scary stuff
[11:03] {lumdus} i am lost , have no idea what you talking about
[11:03] {bruce} geesh lum
[11:03] {bruce} join the club
[11:03] {bruce} we're all lost
[11:03] {Threei} lol
[11:04] {Threei} come on lum... don't you know, nigerian guys running around, offering you big money...
[11:04] {bruce} our fearless leader is in coma
[11:04] {bruce} and we're just barely keeping him awake with trout slaps
[11:04] {Threei} my news supply has no FXRE symbol
[11:05] {Threei} can't check on news
[11:05] {Threei} but with this spread... no real need :)
[11:06] {Threei} bruce, I'll have to disappoint you
[11:06] {Threei} my coma is too deep and permanent to be broken with trout
[11:06] {bruce} I know vad
[11:06] {bruce} we gave up breaking it
[11:07] {bruce} just try to keep you from slipping into deeper coma
[11:07] {Threei} 6 min till popcorn time
[11:08] {lumdus} short NBR 26.67 stop 26.71
[11:10] {curtisweese} doh!
[11:11] {curtisweese} the tight stops are everything aren't they? such an easy thing to do in theory and sooooo hard in practice...grrrr
[11:11] {Threei} gets easier with practice
[11:11] {LaserDave1} here comes the market going nuts
[11:11] {lumdus} curit, i had tight stop because popcorn time.
[11:11] {lumdus} so i took .05 loss
[11:12] {curtisweese} lumdus, but that was a smart play....even though you lost a tad.....still smart exit!
[11:12] {Threei} keeping NVDA on screen as possible follower if I get read on market direction
[11:12] {lumdus} if it wasn't pop time i would have had stp 26.81
[11:12] {magoo} i minute.I CAN'T TAKE IT!!!!!!!!!!!!!!!!!!!
[11:12] {dino} .50
[11:13] {magoo} hgalf
[11:13] {curtisweese} nice
[11:13] {lumdus} in xmsr 11.79
[11:13] {lumdus} stop 11.72
[11:13] {Threei} half point as expected
[11:13] * bruce slaps magoo around a bit with a large trout
[11:14] {bruce} sigm dino - nice pop
[11:14] {magoo} 1 vote against..fisher...no rate change he wanted
[11:14] {Threei} short time IMO
[11:14] {dino} run it up 120, then to negative
[11:15] {magoo} aapl?
[11:15] {Threei} anything that follows market
[11:15] {Threei} NVDA, AAPL, RIMM... QID long
[11:15] {Threei} NVDA +.25 since short alert
[11:15] {lumdus} banks happy
[11:15] {Threei} .30
[11:16] {Threei} little bounce now, and short at will, this market is dead in the water, IMO
[11:17] {magoo} rimm nears day high
[11:17] {Threei} if chose NVDA for shorting, stop .21
[11:18] {lumdus} short grmn 69.85 stop 70.01
[11:18] {lumdus} ok, let's see if we dead in the water now
[11:19] {Threei} half out NVDA +.25
[11:19] {magoo} I'M TOO TOO NERVOUS
[11:19] {lumdus} stop on grmn 69.83 not taking a loss on this
[11:19] {Threei} stop .11
[11:19] {lumdus} me too magoo.
[11:20] {magoo} i'm kidding tho lol
[11:20] {lumdus} out grmn 69.73 +.10
[11:21] {magoo} vad, what entry u get nvda short?
[11:21] {Threei} .10 on bounce
[11:21] {Threei} missed first time
[11:21] {Threei} while typing alert, lol
[11:22] {magoo} rimm interesting here, not in
[11:22] {magoo} mkts up again
[11:22] {dino} l sm spwr .42
[11:22] {curtisweese} in SIRI 3.06
[11:23] {dino} theres my 120
[11:23] {curtisweese} nice
[11:24] {dino} out spwr 71.42, +1.00
[11:25] {dino} dwsn l .89
[11:26] {Threei} *FOMC CUTS TARGET RATE 50 BPS TO 3.00%; SEES CONTINUED DOWNSIDE RISKS
[11:26] {Threei} -Vote 9-1 for Target Rate (Fisher dissented, preferred rates unchanged); Discount Rate cut decision was unanimous
[11:26] {Threei} -Credit tightened further for business and households, sees "deepening contraction" in housing market slump, with softening in labor markets
[11:26] {Threei} - Fed in its statement says financial markets remain under considerable stress, Fed notes will act in timely manner as needed to address economic risks,
[11:26] {Threei} and rate cut should promote moderate growth, yet risks remain.
[11:26] {Threei} - Fed expects inflation to moderate in coming quarters
[11:28] {bruce} wow - rate cut last week - rate cut this week- stimulus package w refund to all taxpayers
[11:29] {Threei} can you say "running out of ammo"?
[11:29] {bruce} kind of smells of fear
[11:29] {Threei} can you say "inflation galore"?
[11:29] {bruce} when was last time we got tqax rebate vadster?
[11:29] {Threei} try never
[11:29] {bruce} yeppers
[11:29] {Threei} unless you are in Alberta and got "prospreity check"
[11:30] {bruce} ah - forgot about thqat one
[11:31] {bruce} changing topic _ I thought you didn't play first fomc move vad?
[11:31] {Threei} i didn't
[11:31] {Threei} I let it jump without me
[11:31] {bruce} k
[11:32] {Threei} bidding NVDA balance .65, stop to 25.01
[11:32] {dino} rbcn
[11:33] {Threei} actually
[11:33] {Threei} changing my mind
[11:33] {Threei} stop is 25.01 alright
[11:33] {dino} stopped dwsn -.40
[11:33] {Threei} cancelling cover
[11:33] {Threei} if I am right and market dies serious death now, it goes much lower
[11:34] {dino} dwsn, rinsed
[11:34] {Threei} .65 was reached... let's see now whether greed got better of me :)
[11:35] {lumdus} vad, but watch ho far grmn can fall. it knows alot better :)
[11:35] {Threei} yeah but I can't play size on GRMN
[11:36] {lumdus} vad, my xmsr still might work long for me. 11.79 was in with stop 11.72
[11:36] {Threei} lol... curtis guess what I just did
[11:36] {lumdus} hey, you never know
[11:36] {curtisweese} what?
[11:36] {Threei} scalped 2 cents on your beloved SIRI {G}
[11:37] {Threei} added liquidity on both entry and exit
[11:37] {Threei} almost commissions free trade
[11:37] {curtisweese} nice!!! hahah...i'm waiting for 3.10 since i'm only trading 650 shares during training. normally 2 is enough for me!
[11:37] {curtisweese} $.02 that is ;)
[11:38] {Threei} argh, could have whole 3 cents {G}
[11:38] {curtisweese} here comes .10...come on baby!!
[11:38] {Threei} ok, you are making a mistake here as far as training goes
[11:38] {curtisweese} oh..what
[11:38] {Threei} you have MPP already, no?
[11:39] {curtisweese} what is that? made profit?
[11:39] {Threei} it was mailed separately from the rest of package, so not sure it reached you yet
[11:39] {Threei} master profit plan book
[11:39] {curtisweese} oh...lol
[11:39] {curtisweese} just got it...haven't checked it yet...after hours today
[11:39] {Threei} OK, practical trading part
[11:39] {lumdus} stop on xmsr b/e 11.79
[11:39] {Threei} decsribes how paper trading and small shares should be done
[11:40] {Threei} one of principles is,
[11:40] {Threei} trade as you would with real size
[11:40] {Threei} no adjustment for your current size, it defeats the purpose
[11:40] {Threei} you aim to learn how to trade with certain share size,
[11:40] {curtisweese} got you...and call fees tuition...
[11:41] {Threei} how do you learn it if you change your stops and targets for the "training size"
[11:41] {lumdus} curits, when you start trading for real. Post your trades, if you act stupid, you get slapped. . I am telling you will do very well
[11:42] {Threei} and if for no other reason... we will get a pleasure of slapping you
[11:42] {curtisweese} hahah
[11:43] {lumdus} yeah, but i am serious. vad will catch your mistake and you wont make it again.
[11:43] {curtisweese} cool!!!
[11:44] {Threei} die market
[11:44] {Threei} show dp what real zombies look like
[11:44] {lumdus} why you want it to die ? i need my xmsr to shoot the roof
[11:44] {Threei} ummm... because I am short NVDA
[11:44] * magoo slaps curtisweese around a bit with a large trout
[11:44] {dptl} lol
[11:45] {Threei} that's training slap curtis... wait till you start trading real size
[11:45] {curtisweese} well bought 650 siri at 3.06 and was holding to cover commissions with small amount of shares..... selling now at 3.09.....
[11:45] {curtisweese} sold!
[11:45] {curtisweese} $.03 scalp :)
[11:46] {magoo} vad, any read RIMM?
[11:46] {magoo} AAPL?
[11:46] {lumdus} common xmsr - why can't you just go up ?
[11:47] {Threei} hmmm
[11:47] {magoo} OY
[11:47] {Threei} conflicted a bit here mags
[11:47] {Threei} my strong feeling for the market is down
[11:47] {Threei} RIMM charts has no indication of setup
[11:48] {curtisweese} there goes SIRI
[11:48] {Threei} for short I mean
[11:48] {curtisweese} broke 3.10 resistance
[11:48] {curtisweese} is that right term for the top?
[11:48] {Threei} and I don't feel like going long on it
[11:48] {dino} c'mon 3i, how do you really feel
[11:48] {lumdus} stop on xmsr 11.83
[11:48] {magoo} vad, my minute charts of rimm and qqq are identical
[11:48] {lumdus} dino, i feel xmsr about to give me huuuuge
[11:49] {dino} lol
[11:49] {curtisweese} how do i tap into this "feel" technique?
[11:50] {bruce} curtis -
[11:50] {Threei} stopped NVDA balance
[11:50] {bruce} first you drink large quantities ofbeer and vodka
[11:50] {curtisweese} check!
[11:51] {bruce} then you get a cat that disconnecxts your internet connection for you
[11:51] {bruce} then you do terrible unspeakable things to a donkey
[11:52] {curtisweese} mule doesn't work, eh?
[11:52] {dino} lol
[11:53] {bruce} no\needs to be donkey
[11:53] {bruce} and youneed to attach a crayon to his tail
[11:53] {bruce} or maybe it's just his butt
[11:53] {bruce} vad can confirm
[11:54] {bruce} then you go into deep coma curtis
[11:54] {lumdus} stop on xmsr 11.87 not looking to hot
[11:54] {bruce} about that point you'll be ready for feel
[11:54] {Threei} short RIMM small
[11:54] {Threei} stop just above 95
[11:56] {magoo} in rimm vad.77
[11:56] {magoo} small
[11:56] {dino} xlf s .05, stop .21
[11:57] {magoo} stoppeed
[11:57] {magoo} 3 pm..sell or run to bell?
[11:57] {magoo} dunnop
[11:57] {Threei} no idea
[11:57] {lumdus} xmsr stop moved to 11.89 nice and tight
[11:57] {Threei} initial pereception was wrong
[11:58] {magoo} dunnop=dunno
[11:58] {magoo} i dunno either
[11:58] {bruce} tough to play rimm with such small stops
[11:58] {Threei} quite justified in this case bruce
[11:58] {magoo} well, with 200 or 300
[11:58] {magoo} can allow wiggle
[11:58] {bruce} understood - nice potential
[11:58] {bruce} I like it
[11:59] {bruce} was worth the try
[11:59] {magoo} everyone thought tank regarless of .25 or .50..so guess what? UP
[11:59] {magoo} could pullbk hard
[12:00] {dino} back in 10
[12:00] {bruce} nvda spike
[12:02] {lumdus} xmsr needs to break 12.00 now !!
[12:02] {lumdus} and no, no going down just for vad .. got that !
[12:03] {Threei} nope
[12:04] {lumdus} oh, vad xmsr .. when it goes through 12 i have good one
[12:04] {Threei} just did
[12:05] {lumdus} offering xmsr 13.75 .. ha haa
[12:06] {lumdus} stop on xmsr 11.94
[12:06] {dino} xlf stopped -.16
[12:07] {lumdus} vad, my 11.94 stop on xmsr ok ?
[12:08] {Threei} quite
[12:10] {dptl} nvda short?
[12:10] {Threei} doesn't look like that
[12:10] {Threei} holding near the high during market pullback
[12:10] {dptl} ye..you rght
[12:10] {dino} sm, s fxre .86
[12:11] {lumdus} stop on xmsr 11.97
[12:15] {lumdus} in sgp 19.45
[12:15] {lumdus} stop 19.35
[12:16] {dino} shpgy
[12:19] {lumdus} dino what is shpgy ?
[12:19] {dino} shire plc, drugs
[12:21] {bruce} clwr on break of 13 dino?
[12:21] {lumdus} stop on sgp 19.43 .. getting late in the day
[12:22] {curtisweese} in on xmsr at 12.00
[12:23] {lumdus} xmsr you fail 12.00 and i say goodbye
[12:26] {dino} cycc
[12:30] {curtisweese} DOH! hehe...i accidently sold xmsr at the same price i bought it for.....tuition fees.....lol
[12:32] {lumdus} sgp new stop 19.45 (b/e)
[12:33] {dino} clwr long bruce?
[12:34] {bruce} thats what I thought dino
[12:34] {bruce} not relly moving at moment though
[12:35] {dino} y stuck, but a break yes
[12:36] {bruce} moving now
[12:36] {dino} goig for negative
[12:36] {dino} going
[12:36] {Threei} enough time for Dow to go red?
[12:36] {lumdus} out xmsr 11.99 + .20
[12:37] {dino} yes
[12:37] {dino} gj lum
[12:38] {lumdus} tx dino. still in my last trade for the day (per my rules) sgp 19.45 stop b/e maybe i get some who knows
[12:38] {magoo} u like nvda short
[12:39] {Threei} no
[12:39] {Threei} lost mobility
[12:39] {Threei} too narrow
[12:40] {curtisweese} buying SIRI at $3.09 for $.02 end of day scalp :) ( at least i'm thinking $.02)
[12:40] {dino} you talking about magoo's lack of mobility?
[12:40] {Threei} lol
[12:40] {curtisweese} uh oh...not good....it is going wrong way.....
[12:40] {magoo} as i drive by dinos office on a new rascal mobilitynscooter
[12:41] {dino} i'd like to see you doing that\
[12:41] {bruce} wow - bet you look real cool on it mags
[12:41] {bruce} you got a helmet for it?
[12:42] {bruce} and a nice basket
[12:42] {bruce} gotta have a basket
[12:42] {dino} lol
[12:42] {magoo} i have a bell
[12:42] {patience} a beer basket
[12:42] {dino} indeed
[12:43] {dino} i think george castanzza had one
[12:43] {Threei} red
[12:43] {dino} dji negative vad
[12:43] {Threei} yup
[12:43] {lumdus} common sgp, you can go up
[12:43] {bruce} can carry geritol in the basket too
[12:43] {dino} he's not "that" old
[12:44] {bruce} lol
[12:44] {bruce} never hurts to be prepared
[12:45] {bruce} pretty wild moves - up then down
[12:45] {lumdus} ok, done out sgp 19.48 +.03
[12:45] {dino} ndaq and nyx taking a beating today
[12:45] {lumdus} have a good evening all - great day in the room
[12:46] {bruce} night lum
[12:46] {dino} later lum, gj
[12:46] {dino} hate to do it but...dieeeeeeee fxre
[12:48] {bruce} xl dino 2 buck dump
[12:48] {bruce} 3 actaul;ly
[12:48] {LaserDave1} hey guys if you are using laser
[12:48] {LaserDave1} please use ARCA
[12:49] {LaserDave1} have route out arca checked
[12:49] {dino} cov fxre .39, +.47
[12:49] {magoo} why dave?
[12:49] {magoo} been bad quotes
[12:50] {dino} calling it a day, double daily
[12:51] {Threei} thank you all
[12:51] {Threei} have a good evening, see you tomorrow
[12:51] {bruce} congrats dino
[12:51] {magoo} vad, whats dave trying tio do?
[12:51] {magoo} with arca
[12:51] {bruce} thanx vad
[12:51] {dino} thx for ideas bruce
[12:51] {dptl} have a good evening all
[12:52] {dino} take care all
[12:55] {bruce} welcome dino
[13:02] {bruce} night everyone
Session Time: Wed Jan 30 00:00:00 2008
[05:27] {cosmo} ETFC pre mkt high = 4.52 so far
[05:29] {cosmo} squeeze rumors...
[05:36] {Threei} insider buys or something like that
[05:36] {Threei} Good morning
[05:37] {cosmo} ALTI: Altairnano Signs $2.5 Million U.S. Navy Contract for Development of Nano-Lithium Titanate Battery Technology
[05:37] {cosmo} Business Wire (Wed 8:00am)
[05:38] {cosmo} 3.89 pre mkt high
[05:40] {Threei} ALTI is one of those... often looks promising, almost never delivers
[05:41] {Threei} catches fire sometimes but most of the time fizzles out
[05:41] {cosmo} hmmm... its time
[05:41] {Threei} would be nice
[05:42] {Threei} we could use momo runner that doesn't notice broader market
[05:42] {cosmo} someone's gonna get a breakthru in battery technology and change the world....maybe
[05:43] {Threei} didn't energizer bunny do that already?
[05:43] {cosmo} he tried
[05:43] {cosmo} old tech
[05:43] {Threei} ah
[05:44] {Threei} non-nano is the term future generations will probably use to indicate stone age tech
[05:44] {Threei} I claim the word coin
[05:44] {cosmo} coin the word?
[05:46] {Threei} don't confuse me that early
[05:46] {Threei} I am confused successfuly without help
[05:46] {cosmo} PN dates = pre nano ...AN = after nano ... right?
[05:46] {Threei} sounds right to me
[05:47] {cosmo} :)
[05:48] {cosmo} SLAB beats est.
[05:49] {cosmo} 32.40 high
[05:55] {cosmo} CYMI: Cymer posts Q4 profit below view, sees lower Q1 revenue
[05:55] {cosmo} at Reuters (Tue 6:17pm)
[05:55] {cosmo} off 18%
[05:58] {dptl} good morning all
[05:58] {Threei} dp :)
[05:59] {magoo} mornink seradmoc
[05:59] {Threei} magoo :)
[06:02] {esemde} morning youzz guys and dolls.....like whats happinin eh.....
[06:03] {Threei} ese :)
[06:03] {esemde} vad
[06:03] {cosmo} here comes the sun, ese :)
[06:03] {dino} gm all, blustery day here
[06:04] {esemde} as in The Beatles "Her Comes The Sun"
[06:04] {Threei} dino :)
[06:04] {cosmo} her?
[06:04] {esemde} Here...opps
[06:04] {cosmo} :)
[06:08] {esemde} Ok ...looking for advice here.....am still long ESLR at .27...closed the day at .55 yesterday...earnings release is after close today and it's bidding up now.....wha da ya think...dump it or hang on till the end of the day
[06:09] {Threei} coin toss IMO, ese
[06:09] {Threei} too many factors involved to make even educated guess
[06:10] {esemde} i'm pretty sure i'm going to dump it....i've held through other earnings releases and it's a crap shoot
[06:10] {Threei} fed day today... what oil does... what solar sector does... and earnings of this particular one on top of it all
[06:10] {Threei} with so much uncertainty, I am pretty sure I wouldn't hold it
[06:11] {lumdus} gm all.
[06:11] {Threei} lum :)
[06:12] {esemde} lump...i mean lum....morning
[06:12] {lumdus} ese, day didn't start and you starting up already ?
[06:12] {esemde} sorry couldn't resist that one....
[06:12] {lumdus} :)
[06:13] {Threei} my take on today guys:
[06:13] {esemde} go for it ........i'm ready ...hit me with your best one...
[06:13] {Threei} 1. market will want to go red and stay red no matter what fed announces
[06:14] {Threei} 2. there will be a lot of repositioning so general trend won't be smooth, hence scalping is in effect
[06:14] {Threei} 3. the closer to announcement time the tighter range is going to be, with accidental jerking around
[06:15] {lumdus} what time is announcement ?
[06:15] {Threei} 2:15 EST
[06:15] {lumdus} ok, so lunch from 1 - 2:30
[06:15] {lumdus} continue ..
[06:15] {esemde} 11:15 our time on the west coase
[06:15] {esemde} "coast"
[06:16] {Threei} my idea of today's entries is the same as last couple days - short bounces
[06:16] {Threei} maybe buy extreme selloffs
[06:16] {Threei} will see
[06:21] {bruce} welcome back lum
[06:21] {dino} and, of course, have fun
[06:22] {lumdus} Bruce, i can't work everyday. need to have fun you know ..
[06:23] {bruce} good attitude lum
[06:23] {bruce} this little piggy went to market
[06:23] {bruce} that little piggy lowered fed rate
[06:24] {bruce} and all the little piggies went oink oink oink as they tried to figure out markket direction
[06:24] {bruce} that about sums up today
[06:25] {dino} perhaps figuring direction is a waste of time, just react
[06:26] {Threei} I second that dino
[06:29] {Threei} watching CYMI for possible short
[06:30] {Threei} .50 resistance so far
[06:31] {Threei} broke, still waiting
[06:32] {Threei} small shares short hwere, 28.10 stop
[06:33] {Threei} in .83
[06:33] {Threei} stopped
[06:33] {lumdus} in flex 11.19
[06:34] {lumdus} stop 11.09
[06:37] {Threei} AAPL long with stop under 130.40
[06:37] {Threei} missed entry so far
[06:37] {Threei} maybe one more pullback
[06:38] {Threei} in
[06:38] {lumdus} stop on flex 11.13
[06:40] {Threei} out AAPL131.10
[06:40] {Threei} +.39 if my math is correct
[06:41] {dino} vmw l .00, sm
[06:41] {dino} trig
[06:41] {Threei} CYMI .80 another short try
[06:42] {Threei} stop just above 29
[06:43] {Threei} in
[06:43] {lumdus} flex 1/2 out .42 +.22
[06:44] {Threei} good one
[06:46] {Threei} CYMI over 1:1
[06:46] {lumdus} out flex .55 +.25
[06:46] {lumdus} +.35 .. sorry
[06:47] {lumdus} easy money made.. i am sure this can go to 12 / 13 today .
[06:47] {Threei} covered half CYMI
[06:47] {lumdus} vad, on a normla day i would hold flex for a full day, it has those charact..
[06:48] {lumdus} however, after your speach this morning of the fed stuff, i am scalping.
[06:48] {Threei} stop to b/e for second half
[06:50] {Threei} stop to above .60
[06:50] {dino} l de .50
[06:52] {dino} de stopped -.30
[06:53] {Threei} out
[06:53] {lumdus} ho, shoots. Flex to 13 man .. maybe i shouldn't scalp
[06:55] {dino} jaso l .25
[06:55] {dino} wide
[06:55] {Threei} RMBS .86 long half lot if stays above.70
[06:56] {bruce} got +.24 in de dino - was able to get .26 entry
[06:56] {bruce} back to flat for day
[06:56] {lumdus} in rmbs .91
[06:57] {dino} gj bruce, went right for my stop
[06:57] {bruce} just lucky dino
[06:57] {Threei} if you feel strongly about FLEX, it pulls back into support
[06:57] {dino} :)
[06:58] {lumdus} vad, not anymore. rmbs much healthier
[06:58] {dino} out jaso .60, +.35
[06:59] {cosmo} YHOO 19.15 hod fyi
[07:00] {dino} fwlt
[07:01] {lumdus} go rmbs !
[07:01] {Threei} RMBS 1:1
[07:02] {dptl} out ty
[07:02] {Threei} :)
[07:02] {lumdus} vad, this one i am going to hold a little
[07:02] {Threei} good luck
[07:03] {lumdus} vad .87 support ?
[07:03] {Threei} at this point, yes
[07:03] {dino} jaso l sm .25
[07:04] {dino} fwlt l sm .01fwlt l .01
[07:05] {lumdus} rmbs suport held very nicely and now breaking. give me more
[07:06] {Threei} Greed is Good. G Gekko
[07:07] {dino} indeed
[07:08] {dino} out fwlt .65, +.64
[07:08] {Threei} wtg
[07:09] {dino} ty
[07:10] {lumdus} stop on rmbs 17.93
[07:11] {lumdus} glad out flex..
[07:11] {dino} out jaso .25, flat
[07:12] {Threei} notice how it made you wish to get back in at the exactly wrong time
[07:12] {lumdus} yes, i notice that.
[07:12] {lumdus} rmbs meanwhile working like a good boy
[07:12] {lumdus} about to toffer 1/2 out on rmbs next run
[07:12] {Threei} this is the way to incorporate emotions you feel in your action - those are likely emotions that drive the crowd,
[07:12] {lumdus} out rmbs 18.22
[07:12] {Threei} so being learned and disciplined trader you can use it
[07:13] {lumdus} +.32 thanks vad
[07:13] {Threei} welcome sir
[07:13] {Threei} 3:4 so far
[07:13] {lumdus} second 1/2 stop 18.03
[07:13] {lumdus} no 4:4 so far
[07:13] {dino} gj guys
[07:14] {lumdus} selling rmbs .45
[07:14] {lumdus} +.65 nice job vad
[07:14] {Threei} congrats
[07:15] {lumdus} ok, that means i take off tommorrw again.
[07:16] {bruce} glad you got o9ut jaso flat - what told you to exit dino?
[07:16] {lumdus} don't slap me .. what time is the fed thing 11:15 or 2:15 ?
[07:17] {Threei} depends on your time zone
[07:17] {dino} oih bruce
[07:17] {bruce} k
[07:17] {bruce} got you
[07:18] {Threei} if you are in Mongolia, or for some wierd reason want to know by their time... one thing
[07:18] {lumdus} i am in NY
[07:18] {Threei} 2:15 then :)
[07:18] {lumdus} ok tx. yeah, i am thick sometimes
[07:19] {Threei} FLEX is ready for bounce
[07:19] {Threei} .33 would be the stop
[07:19] {lumdus} i am watching aci. I like it much better
[07:20] {lumdus} if stays above .88 and breaks 43.04 i am in
[07:23] {lumdus} in aci 43.03 .02
[07:23] {dino} vmw l .00
[07:23] {lumdus} stop 42.89
[07:23] {dino} out .25, +.25
[07:23] {esemde} bstop FLEX .52 1/2 lots
[07:24] {esemde} higher low theory....
[07:26] {esemde} long FLEX .52
[07:27] {esemde} stop .33
[07:27] {Threei} I played it differently ese... but then again, my target was just a quick scalp
[07:28] {lumdus} short c .54 stop .61
[07:28] {esemde} how did you play it VAD.......
[07:28] {Threei} DOE CRUDE: +3.6M V +2ME ; GASOLINE: +3.6M V +2ME ; DISTILLATES: -1.5M V -2.1ME ; UTILIZATION: % V 86.2%E
[07:28] {esemde} bounce.....
[07:28] {Threei} are we swimming in oil or what
[07:28] {lumdus} ou taci -.08
[07:29] {Threei} I just grabbed .42 with 9 cents stop, and dumped into 1:1 when it broke .50
[07:29] {esemde} so I bought your shares...how do you determine a bounce so quickly
[07:30] {lumdus} C not going the right way, needs to go down soon
[07:30] {Threei} definitely not my shares, I sold .53 :)
[07:30] {esemde} could have bee .5212
[07:31] {esemde} how did you determine the bounce so quickly....and what chart are you looking at 1 min?
[07:31] {Threei} 1 min yes
[07:32] {Threei} it bottomed at .34, went above .40, made couple little moves around it, and refused to lose .40 on further selling..
[07:32] {esemde} the drop volume bar was 3 before the low bar. 269000
[07:32] {Threei} risk was so small at this point, and pullback from high so significant,
[07:33] {Threei} with NASDAQ climbing further up, it was a safe enough bet
[07:33] {esemde} so did you do .09 with size....couple of lots
[07:33] {Threei} right
[07:33] {Threei} thick stock
[07:33] {esemde} hmmmm that would be safe....in/out/done
[07:33] {Threei} slippage is not very likely
[07:34] {lumdus} c needs real slippage
[07:34] {esemde} whereas mine has opportunity to fall from here.......hmmmmmm
[07:36] {lumdus} in gm 27.68
[07:36] {lumdus} stop 27.57
[07:37] {dino} jaso drop
[07:38] {lumdus} out gm -.11
[07:39] {lumdus} stop on c 27.58
[07:40] {lumdus} vad, gm trade was bad trading or valid ? (the stop )
[07:40] {lumdus} c
[07:41] {lumdus} out no workey either
[07:41] {Threei} I didn't like entry
[07:41] {Threei} stop placement was right
[07:41] {Threei} entry is too "chasey"
[07:42] {lumdus} .58 would be the right entry ?
[07:42] {Threei} it consolidated for a while under .60, that would be my trigger
[07:42] {lumdus} yeah, i see that.. "too chasey" !
[07:42] {dino} amag
[07:43] {Threei} whith .60 entry, .49 stop you had 1:1 easy
[07:43] {Threei} with .68 entry, risk/reward ratio is not matching the chart setup
[07:44] {lumdus} OK, thanks
[07:44] {dino} amag l sm .95
[07:44] {lumdus} overall good day today. ce ya, be back 2:30
[07:44] {esemde} come on FLEX BABY!!!!!!!!
[07:45] {Threei} {FLEX} huh? you called?
[07:45] {dino} out amag .50, +.55
[07:45] {dino} one of those days...:)
[07:46] {esemde} trying your technique Vad...scream at it a little
[07:46] {esemde} just noticed......it works...how bout that
[07:46] {Threei} t complete the technique, kick them in the rear too
[07:46] {dino} throw something too es, preferrably at magoo
[07:46] {Threei} steel-toed shoes won't hurt
[07:46] {Threei} lol dino
[07:47] {dino} thats what i do
[07:47] {bruce} shoot - had been watching amag and missed yoru call in it dino
[07:47] {dino} amag again drops
[07:47] {esemde} been watching MRVL for a bit.....daily chart looks ready for a break out up.....
[07:48] {bruce} vmw had a nice pop
[07:48] {dino} oops wrong chart
[07:48] {dino} yes vmw, i sold way soon, scalp mode ya know
[07:49] {esemde} scream #2........COME ON FLEX BABY!!!!!
[07:49] {esemde} screamed with the come on as well
[07:49] {dino} amag bruce, give me a bottom
[07:49] {dino} or l trig .00
[07:50] {bruce} looks to me like vmw is settingup for big move again - but I don't have feel forlong or short
[07:51] {dino} toughy w/that destruction yesterday
[07:51] {bruce} 55 even for amag
[07:51] {dino} amag bottom .19 looks like
[07:54] {esemde} heres some words to live by from a musician,,,"LIVE LIFE LOUD" huh huh huh...wha da ya think
[07:56] {dino} i like it
[07:56] {Threei} I do too.. not sure about neighbours though
[07:56] {esemde} tks...i feel thats what what were doin on VADS board
[07:57] {dino} wouldn't bother my neighbors, turning into a party neighborhood
[07:57] {esemde} COME ON FLEX BABY!!!!!!!!!!
[07:57] {dino} why thank you
[07:58] {dino} amag sm l here bruce
[07:59] {dino} ucbi
[07:59] {dino} missed
[08:00] {dino} was thinking 19.80s
[08:03] {esemde} oh oh......
[08:04] {dino} ustr
[08:06] {bruce} ucbi moving again too dino
[08:06] {dino} safm
[08:06] {dino} not enough ucbi, imo
[08:07] {bruce} k
[08:09] {bruce} safm looks good
[08:09] {dino} i like $2+/- on spikes, $2.50+/- on capits, fwiw
[08:09] {dino} and now my secret is out
[08:10] {dino} s safm sm .10
[08:10] {bruce} cool - s0me numbers to play with
[08:12] {dino} see how difficult my system is to use, lol
[08:12] {bruce} lol
[08:12] {bruce} thats the short version dino
[08:12] {bruce} plus watching ndx oih and so forth
[08:13] {dino} find your edge, manage the risk, be consistant, & keep it simple
[08:13] {dino} ktec
[08:15] {dino} safm bstop to b/e
[08:16] {dino} whoa ktec a bit thin
[08:16] {dino} ditch it
[08:17] {bruce} I see that 17 k for day
[08:18] {dino} yeah, wasn't expecting that, might be just 3 guys messing w/it
[08:18] {Threei} RIMM .61 small shares long with stop under .50
[08:18] {Threei} invalidated
[08:19] {esemde} OUT FFFFFFFFFFLEX.......
[08:19] {esemde} .32
[08:20] {bruce} yeah - probably mags roman and vad again
[08:20] {dino} ravn drops
[08:20] {dino} too thin
[08:20] {dino} sigm bit of blood
[08:21] {bruce} sigm dino
[08:22] {Threei} RIMM setup is back, same structure
[08:23] {dino} safm stopped flat
[08:23] {Threei} 1:1 in a hurry
[08:23] {Threei} and over
[08:24] {bruce} triggered before I could pull it up vad
[08:24] {bruce} nice trade - congrats
[08:24] {Threei} ty
[08:24] {Threei} what do you mean before you could pull it up?
[08:24] {dino} sigm .40s?
[08:24] {Threei} it was a few minutes between my aklert and actual trigger
[08:25] {dino} sigm sm l .00
[08:25] {dino} too soon
[08:26] {Threei} dino... magoo left on purpose, to have a reason to blame me again for calling winners when he is away?
[08:26] {dino} yes vad, that was his plan
[08:26] {Threei} thought so
[08:27] {dino} order "the big sandwich" for super bowl
[08:28] {dino} 4 feet of hogie , mmm, mmm, mmmmmm
[08:29] {dino} i see noboby appreciates fine food
[08:30] {Threei} hehe
[08:31] {dino} out amag .40, +.50
[08:31] {Chaeron} Hi all - great to be here
[08:32] {dino} gm chaer
[08:33] {dino} sigm stop to lod not moving
[08:34] {dino} stopped -.24
[08:35] {dino} de lod
[08:35] {bruce} hey chaeron
[08:35] {Chaeron} hi bruce, dino... :)
[08:36] {Threei} chaeron :)
[08:37] {bruce} sigm looks to be reversing dino
[08:38] {Threei} wow RMBS is still moving
[08:38] {dino} what a rinse
[08:39] {bruce} rinse? de?
[08:39] {dino} good call bruce
[08:39] {dino} sigm rinsed me
[08:40] {bruce} k - sorry
[08:40] {bruce} would like to get at 42.75 or so
[08:40] {bruce} with 40 c stop
[08:40] {dino} i would think that it could do that at least
[08:41] {dino} no news out
[08:42] {Threei} RMBS .80 short half lot if stays under 20
[08:43] {dino} de sm l .10
[08:43] {dino} meli disaster continues
[08:45] {dino} nyx
[08:46] {bruce} safm short again .29
[08:48] {dino} out de .50, +.40
[08:49] {dino} too soon
[08:50] {dino} amag drops again
[08:51] {dino} sm l amag .50, wide
[08:53] {bruce} out safm =.20
[08:54] {dino} gj
[08:55] {bruce} thanx dino
[08:58] {dino} amag stopped -.40
[08:58] {dino} taking a lunch break
[08:58] {bruce} bailing amag
[08:59] {Threei} WHITE HOUSE: GDP REPORT TODAY DOES NOT CHANGE OUTLOOK, DOES NOT EXPECT RECESSION
[09:00] {magoo} back
[09:00] {Threei} you left?
[09:00] {magoo} sigh..all morning f'in around
[09:01] {magoo} lol
[09:03] {magoo} i miss alot of trades vad?
[09:03] {Threei} just 1 I think, RIMM
[09:04] {Threei} quick 20 cents, nothing extreme
[09:04] {magoo} ok
[09:04] {magoo} ty
[09:04] {magoo} prob not much now thru decision
[09:05] {dino} gj sigm bruce
[09:05] {Threei} RMBS .99 short
[09:05] {Threei} stop above .10
[09:05] {magoo} full lot?
[09:05] {dino} cpts
[09:05] {Threei} yeah
[09:08] {bruce} I didn't get my entry in it dino
[09:09] {bruce} not paying close enough attention
[09:09] {dino} ohhh mannnnnnnn, :)
[09:09] {bruce} should have raised bid on strenth in it
[09:09] {dino} watching de again
[09:11] {bruce} hmm - amag possible long now dino
[09:12] {dino} was thinking the same bruce
[09:13] {Threei} die already RMBS
[09:13] {dptl} kick it
[09:13] {magoo} how much u thinking? 1 : 1 or more?
[09:13] {Threei} sure
[09:13] {esemde} AH HA....theres that yelling thing again.....
[09:13] {dptl} out +.13 ty
[09:14] {Threei} half out here mags
[09:14] {Threei} stop to 20.01
[09:15] {Threei} 19.91
[09:15] {bruce} thinking .9 trigger in amag with 25c stop
[09:15] {Threei} want it to dive quickly after losing .70 for full cover
[09:16] {magoo} ok
[09:16] {dino} de sm l .14
[09:16] {Threei} here we go
[09:16] {dino} feels lower amag, imo
[09:16] {Threei} .76 stop
[09:16] {Threei} out
[09:16] {Threei} not enough oompn of breakdown
[09:17] {Threei} don't want to sit through bounce
[09:17] {magoo} out TY
[09:17] {Threei} :)
[09:17] {bruce} you're right - amag not finished bleeding
[09:17] {Threei} just in time mags
[09:17] {dino} heck of a daily range on it
[09:18] {Threei} who needs 25 cents bounces
[09:18] {magoo} still a scalpers mkt boss
[09:18] {Threei} sure... especially nearing fed time
[09:19] {Threei} actually, I am amazed we find trades still
[09:19] {dino} cut de not working
[09:19] {Threei} usually less than 2 hours till fed everything's dead
[09:20] {magoo} repositioning into fed
[09:20] {bruce} yeah see that - wasn't in it
[09:20] {bruce} takingbreak
[09:20] {Threei} and you kniw the worst part of today mags?
[09:21] {magoo} what?
[09:21] {Threei} laserdave is not here still
[09:21] {magoo} should be {lasydave he he}
[09:21] {Threei} lol
[09:22] {Threei} trades are fine, something like 5 for 6 or so
[09:22] {Threei} and what I like about today is the same thing as last couple days:
[09:22] {Threei} high percentage of wins and a lot of those that never trigger
[09:22] {magoo} i thought only RIMM?
[09:22] {Threei} hmm? Rimm was one I called while you weren't here
[09:23] {Threei} a few more worked, with one stopped
[09:23] {esemde} is there any reason whatsoever that these fed goofs would not cut rates again today.....
[09:23] {Threei} several non-triggering ones mean we are nicely on being careful side
[09:24] {Threei} by "better miss it than get in so-so one" logic
[09:24] {Threei} ese... you are trying to decipher the way aliens think...
[09:25] {Threei} they have different atmosphere, pkants, animals, pressure, gravity etc... can you really get in their way of thinking? :)
[09:26] {curtisweese} Hi, everyone. I'm a newbie....well I'm reading the course and going through the vids. I have been playing with a little money and paper trading and doing okay since I started with the books though. :)
[09:26] {Threei} RMBS bounce was worth re-shorting... I just felt we are at the end of readable period
[09:26] {Threei} hi curtis, welcome to the room
[09:27] {esemde} i figured...
[09:27] {esemde} curtis...welcome
[09:27] * Threei slaps LaserDave1 around a bit with a large trout
[09:27] {Threei} magoo, don't fall asleep
[09:27] {Threei} curtis... don't heistate to ask questions
[09:27] {Threei} and never mind our being a little bit insane
[09:28] {Threei} this is our way to stay sane in profession demanding insanity
[09:28] {Threei} magoo!!
[09:29] * magoo slaps LaserDave1 around a bit with a large trout
[09:29] * magoo slaps LaserDave1 around a bit with a large trout
[09:29] * magoo slaps LaserDave1 around a bit with a large trout
[09:29] {Threei} finally
[09:30] {Threei} I was about to ask dino to put his elbow in your ribs
[09:30] {LaserDave1} I feel so much better now
[09:30] {Threei} oh hi dave
[09:30] {LaserDave1} ha
[09:30] {magoo} gklad too help bro
[09:30] {LaserDave1} hey thats what friends are for!
[09:32] {curtisweese} Am I going to run into problems trading 20,000 shares at a time using your techiques if I stick with stocks like SIRI that have pretty huge volumes each day? Or is that limiting my potential because of the amount of shares at a time? It just seems that using your techniques and getting even $.02 to $.03 per share on a scalp on a high trade volume stock would be great. Am I off base?
[09:32] {Threei} this is one of scalping techniques
[09:32] {Threei} scalp type 1
[09:32] {dino} amag sm l .20
[09:33] {Threei} with right reading of particular stock it works
[09:33] {Threei} I wouldn't limit myself to just one technique but it's a personal preference
[09:34] {Threei} one thing to keep in mind when focus on such approach:
[09:34] {curtisweese} Like I look at SIRI right nowand I see it just dropped below 3.08 which looks to me like it will keep going down based on the chart. (based on my newbie learning of your teachings!) heheh
[09:34] {Threei} it requires observing particular stock to tgget a feel for how it trades,
[09:34] {Threei} and herein lies the danger:
[09:34] {Threei} at some point stock changes its behavior
[09:35] {curtisweese} Threei, I see. I have been only following this one stock for now since I'm so new..if it starts dropping all the time then I'm in trouble....
[09:35] {Threei} while a trader who got very famiiar with it believes he almost developed special relationship with it
[09:35] {Threei} so he refuses to change
[09:35] {Threei} hopes to sit out a loss
[09:35] {Threei} the rest of the story is well known and very sad
[09:36] {Threei} moral is simple... never fall inlove with stock
[09:36] {Threei} never marry it
[09:36] {Threei} never think you know everything about it
[09:36] {Threei} things change on a dime, roll with punches
[09:36] {dino} amag stopped
[09:36] {dino} done w/it
[09:37] {Threei} I knew people who traded one stock, or very limited basket of stocks
[09:37] {Threei} saw some of them falling into this trap
[09:38] {Threei} also, with stocks like SIRI and such big lots, make sure you have a broker that provides full ECN pass-through and learn to use it
[09:39] {Threei} will cut down commissions greatly
[09:39] {curtisweese} yeah, i saw that too. I'm using that ScottradeElite they have for people with $25k in the account....they swear it is instant execution even versus the direct ECN ....they probably are full of it, eh?
[09:40] {Threei} never used them, can't tell
[09:40] {Threei} but what I mean by pass-through is not even speed of execution
[09:40] {Threei} I am talking about broker passing ECN rebate onto you if you add liwuidity
[09:41] {Threei} liquidity
[09:41] {Threei} it's abig financial help with this type of trading
[09:41] {curtisweese} maybe i will babystep with the other one for a bit and then move over when i get my head on straight
[09:42] {Threei} sure, what's the rush
[09:42] {Threei} I can assure you, market is going to be there in a month or year or 10 years
[09:42] {curtisweese} move to the pass-thru ecn one i mean....this is so fun, but scary. I quit my other addicitions...hehehe.....
[09:42] {curtisweese} If the market is gone, then I guess we all have bigger problems!
[09:43] {Threei} lol
[09:44] {curtisweese} wow! was i right on that SIRI one!....i have been blown away at your course and that it really works right away. (don't worry, I'm not letting my ego get to me!)
[09:45] {Threei} my course works?
[09:45] {Threei} I have a course?
[09:45] {Chaeron} of course
[09:45] {curtisweese} hehe
[09:46] {Threei} never mind... lapse of brain activity
[09:46] {Threei} fed days tend to do that to you
[09:48] {Threei} I don't see CPTS news
[09:48] {Threei} what's with this piggy?
[09:50] {dino} vrad
[09:50] {Threei} I bet dino puts short at 18.50 right now
[09:51] {esemde} I'm otta here all have agreat rest of the day...
[09:51] {curtisweese} bye
[09:51] {Threei} take care ese
[09:51] {esemde} vad curtis
[09:52] {dino} lol 3i, its at 17.40
[09:52] {Threei} yes, so I figured you added a point for safety :)
[09:53] {dino} maybe i should
[09:53] {Threei} anyone sees any news for it?
[09:54] {Threei} .20 short if stays under .50, SMALL SHARES
[09:55] {Threei} invalidated
[09:55] {Threei} likely to spike over 18 now
[09:55] {dino} too soon, stopped .75 -.35
[09:56] {dino} amag getting crushed
[09:56] {curtisweese} now if i was playing SIRI for huge shares, i'd buy now at 3.07 and look for $.02
[09:57] {curtisweese} if i'm doing it right
[09:57] {curtisweese} and there is my .02! heheh :)
[09:57] {curtisweese} sell half and ride rest.....
[09:58] {curtisweese} or not... :( i'm such a newbie
[09:58] {Threei} observe curtis... don't rush
[09:58] {bruce} hly doodle - amag dino
[09:59] {Threei} so far it does what you envisioned
[09:59] {curtisweese} that's why i'm paper trading, sensei
[09:59] {curtisweese} lol
[09:59] {dino} pretty brutal, filling my scanner
[09:59] {Threei} at this rate AMAG will be $1 before the day end
[10:00] {dino} they were at a conference, but i cannot find anything else
[10:00] {Threei} {--- bidding 1.01
[10:00] {dino} cpts now vad s .50
[10:00] {Threei} AMAG HEARING DEFENDED AT A TIER 1 FIRM (TIMING UNCERTAIN)
[10:01] {Threei} stop over .80?
[10:01] {bruce} careful vad - you could lose bigon that trade
[10:01] {dino} .81
[10:01] {Threei} on what trade bruce?
[10:01] {dino} we missed couple pts
[10:01] {bruce} amag at 1 buck
[10:01] {bruce} lol
[10:01] {Threei} oh
[10:02] {Threei} no way
[10:02] {Threei} tier 1 firm will help me out
[10:02] {bruce} oh - lucky you
[10:02] {Threei} so far so good dino
[10:03] {dino} gj
[10:05] {Threei} bidding CPTS .95 for cover
[10:06] {dino} going lower imo
[10:06] {Threei} out
[10:06] {Threei} the rest is yours dino
[10:06] {dino} waiting at 16.40
[10:07] {dino} maybe not
[10:12] {dino} cov .00, +.50 cpts
[10:12] {dptl} rmbs short?
[10:14] {dino} brb
[10:16] {dptl} LaserDave dcc pls
[10:17] {Threei} not sure dp
[10:17] {Threei} it does feel like short to me
[10:17] {Threei} it's just that things become less and less certain as near feds time
[10:18] {dptl} ok thnx
[10:18] {Threei} can try .50 breakdown with stop over .60 but keep it small
[10:20] {dino} vad you take amag? what price?
[10:22] {Threei} AMAG? no
[10:22] {Threei} my bid at 1.01 never got hit {G}
[10:22] {dino} lol
[10:22] {bruce} shame vad
[10:22] {bruce} looked pretty reasonable for a bit there
[10:23] * dptl slaps LaserDave1 around a bit with a large trout
[10:23] {bruce} whats the news on amag - another guy jumping out of a helicopter?
[10:25] {Threei} FDA troubles bruce
[10:25] {Threei} need help dp?
[10:25] * Threei slaps LaserDave1 around a bit with a large trout
[10:25] {dptl} ty lol
[10:25] {bruce} k
[10:25] {dino} boards now saying not amag issue, but who knows
[10:26] {Chaeron} 13:26 01/30 *DJ John Edwards Announces He's Dropping Out Of US Pres Race
[10:26] {bruce} only her hairdresser knows for sure
[10:26] {Threei} there is or was conference call also AMAG
[10:27] {Threei} who knows what is said there
[10:27] {Threei} oh, it's tomorrow... even worse
[10:27] {Threei} guess what curtis... your SIRI idea works like charm
[10:29] {dino} cpts
[10:29] {Threei} XMSR some happiness
[10:30] {Threei} probably what pushes SIRI too
[10:34] {bruce} cvco dino?
[10:34] {curtisweese} Threei, that is the only stock i follow...hehe....
[10:35] {bruce} forget it - too thin
[10:35] {curtisweese} see the handle of the teacup on it?
[10:35] {Threei} yup
[10:36] {Threei} keep in mind that in order to add reliability to your SIRI read you need to watch what XMSR is doing
[10:36] {curtisweese} since i only need a $.02 or so shifts (or so i plan), it is great for me...high liquidity and constant fluctions of about $.10 and I believe it is on the upside, so trend is my friend....(or so i hope!!!..hahahaha)
[10:36] {curtisweese} that is great advice, Threei for sure...i haven't been diligent as much as I should with following XMSR....thanks!
[10:43] {curtisweese} 14 min till Armegeddon :)
[10:44] {Threei} 30... armageddon is at 2:15 today
[10:48] {Threei} OPEC PRESIDENT: GLOBAL OIL STOCKS ARE CURRENTLY HEALTHY, THINKS EXTRA OIL WOULD NOT HELP WORLD ECONOMY- Thinks Q2 world oil demand is expected to fall
[10:48] {dino} i need more patience, cpts got to 16.40
[10:49] {Threei} good read
[10:49] {curtisweese} greeeeeed lol
[10:49] {dino} abfs
[10:49] {bruce} bang - your cpst cover would have just triggered dino - nice read
[10:49] {dino} but i chickened out
[10:49] {bruce} you got .50 though - still nice - gret read
[10:49] {dino} ty
[10:50] {dino} bruce, oih, fslr, spwr, jaso
[10:50] {dino} all down big
[10:51] {bruce} yes - watching
[10:56] {lumdus} bruce, what we watching now ?
[10:57] {Threei} TV
[10:57] {lumdus} which show ?
[10:57] {curtisweese} cnbc for me
[10:57] {Threei} Feds Interrupted
[10:58] {dino} vh1
[10:59] {dptl} wierd russian show about zombies here
[10:59] {lumdus} i would take yrcw .. but i am not going to be "too chasey" .. love that phrase vad
[10:59] {Threei} lol dp
[10:59] {Threei} why do you need more zombies, there are enough of those in the market
[11:00] {dptl} :)
[11:00] {bruce} amag, hans, jec sigm among others lum
[11:00] {lumdus} any connection bruce ?
[11:00] {dino} fxre
[11:01] {bruce} just fair sized moves in them lum
[11:01] {dino} wow
[11:01] {lumdus} will take short nbr if it breaks 26.67
[11:01] {Threei} yesss
[11:02] {lumdus} yes what ?
[11:02] {Threei} nopw on top of all my Nigerian and Ivory Coast luck, guys from Sierra Leone want to give me 12.3 mil
[11:02] {Threei} just how much luck can one person have
[11:02] {dptl} lol
[11:02] {bruce} russian zombies are the worst dp
[11:03] {bruce} especially watch out for those w cats following
[11:03] {bruce} scary stuff
[11:03] {lumdus} i am lost , have no idea what you talking about
[11:03] {bruce} geesh lum
[11:03] {bruce} join the club
[11:03] {bruce} we're all lost
[11:03] {Threei} lol
[11:04] {Threei} come on lum... don't you know, nigerian guys running around, offering you big money...
[11:04] {bruce} our fearless leader is in coma
[11:04] {bruce} and we're just barely keeping him awake with trout slaps
[11:04] {Threei} my news supply has no FXRE symbol
[11:05] {Threei} can't check on news
[11:05] {Threei} but with this spread... no real need :)
[11:06] {Threei} bruce, I'll have to disappoint you
[11:06] {Threei} my coma is too deep and permanent to be broken with trout
[11:06] {bruce} I know vad
[11:06] {bruce} we gave up breaking it
[11:07] {bruce} just try to keep you from slipping into deeper coma
[11:07] {Threei} 6 min till popcorn time
[11:08] {lumdus} short NBR 26.67 stop 26.71
[11:10] {curtisweese} doh!
[11:11] {curtisweese} the tight stops are everything aren't they? such an easy thing to do in theory and sooooo hard in practice...grrrr
[11:11] {Threei} gets easier with practice
[11:11] {LaserDave1} here comes the market going nuts
[11:11] {lumdus} curit, i had tight stop because popcorn time.
[11:11] {lumdus} so i took .05 loss
[11:12] {curtisweese} lumdus, but that was a smart play....even though you lost a tad.....still smart exit!
[11:12] {Threei} keeping NVDA on screen as possible follower if I get read on market direction
[11:12] {lumdus} if it wasn't pop time i would have had stp 26.81
[11:12] {magoo} i minute.I CAN'T TAKE IT!!!!!!!!!!!!!!!!!!!
[11:12] {dino} .50
[11:13] {magoo} hgalf
[11:13] {curtisweese} nice
[11:13] {lumdus} in xmsr 11.79
[11:13] {lumdus} stop 11.72
[11:13] {Threei} half point as expected
[11:13] * bruce slaps magoo around a bit with a large trout
[11:14] {bruce} sigm dino - nice pop
[11:14] {magoo} 1 vote against..fisher...no rate change he wanted
[11:14] {Threei} short time IMO
[11:14] {dino} run it up 120, then to negative
[11:15] {magoo} aapl?
[11:15] {Threei} anything that follows market
[11:15] {Threei} NVDA, AAPL, RIMM... QID long
[11:15] {Threei} NVDA +.25 since short alert
[11:15] {lumdus} banks happy
[11:15] {Threei} .30
[11:16] {Threei} little bounce now, and short at will, this market is dead in the water, IMO
[11:17] {magoo} rimm nears day high
[11:17] {Threei} if chose NVDA for shorting, stop .21
[11:18] {lumdus} short grmn 69.85 stop 70.01
[11:18] {lumdus} ok, let's see if we dead in the water now
[11:19] {Threei} half out NVDA +.25
[11:19] {magoo} I'M TOO TOO NERVOUS
[11:19] {lumdus} stop on grmn 69.83 not taking a loss on this
[11:19] {Threei} stop .11
[11:19] {lumdus} me too magoo.
[11:20] {magoo} i'm kidding tho lol
[11:20] {lumdus} out grmn 69.73 +.10
[11:21] {magoo} vad, what entry u get nvda short?
[11:21] {Threei} .10 on bounce
[11:21] {Threei} missed first time
[11:21] {Threei} while typing alert, lol
[11:22] {magoo} rimm interesting here, not in
[11:22] {magoo} mkts up again
[11:22] {dino} l sm spwr .42
[11:22] {curtisweese} in SIRI 3.06
[11:23] {dino} theres my 120
[11:23] {curtisweese} nice
[11:24] {dino} out spwr 71.42, +1.00
[11:25] {dino} dwsn l .89
[11:26] {Threei} *FOMC CUTS TARGET RATE 50 BPS TO 3.00%; SEES CONTINUED DOWNSIDE RISKS
[11:26] {Threei} -Vote 9-1 for Target Rate (Fisher dissented, preferred rates unchanged); Discount Rate cut decision was unanimous
[11:26] {Threei} -Credit tightened further for business and households, sees "deepening contraction" in housing market slump, with softening in labor markets
[11:26] {Threei} - Fed in its statement says financial markets remain under considerable stress, Fed notes will act in timely manner as needed to address economic risks,
[11:26] {Threei} and rate cut should promote moderate growth, yet risks remain.
[11:26] {Threei} - Fed expects inflation to moderate in coming quarters
[11:28] {bruce} wow - rate cut last week - rate cut this week- stimulus package w refund to all taxpayers
[11:29] {Threei} can you say "running out of ammo"?
[11:29] {bruce} kind of smells of fear
[11:29] {Threei} can you say "inflation galore"?
[11:29] {bruce} when was last time we got tqax rebate vadster?
[11:29] {Threei} try never
[11:29] {bruce} yeppers
[11:29] {Threei} unless you are in Alberta and got "prospreity check"
[11:30] {bruce} ah - forgot about thqat one
[11:31] {bruce} changing topic _ I thought you didn't play first fomc move vad?
[11:31] {Threei} i didn't
[11:31] {Threei} I let it jump without me
[11:31] {bruce} k
[11:32] {Threei} bidding NVDA balance .65, stop to 25.01
[11:32] {dino} rbcn
[11:33] {Threei} actually
[11:33] {Threei} changing my mind
[11:33] {Threei} stop is 25.01 alright
[11:33] {dino} stopped dwsn -.40
[11:33] {Threei} cancelling cover
[11:33] {Threei} if I am right and market dies serious death now, it goes much lower
[11:34] {dino} dwsn, rinsed
[11:34] {Threei} .65 was reached... let's see now whether greed got better of me :)
[11:35] {lumdus} vad, but watch ho far grmn can fall. it knows alot better :)
[11:35] {Threei} yeah but I can't play size on GRMN
[11:36] {lumdus} vad, my xmsr still might work long for me. 11.79 was in with stop 11.72
[11:36] {Threei} lol... curtis guess what I just did
[11:36] {lumdus} hey, you never know
[11:36] {curtisweese} what?
[11:36] {Threei} scalped 2 cents on your beloved SIRI {G}
[11:37] {Threei} added liquidity on both entry and exit
[11:37] {Threei} almost commissions free trade
[11:37] {curtisweese} nice!!! hahah...i'm waiting for 3.10 since i'm only trading 650 shares during training. normally 2 is enough for me!
[11:37] {curtisweese} $.02 that is ;)
[11:38] {Threei} argh, could have whole 3 cents {G}
[11:38] {curtisweese} here comes .10...come on baby!!
[11:38] {Threei} ok, you are making a mistake here as far as training goes
[11:38] {curtisweese} oh..what
[11:38] {Threei} you have MPP already, no?
[11:39] {curtisweese} what is that? made profit?
[11:39] {Threei} it was mailed separately from the rest of package, so not sure it reached you yet
[11:39] {Threei} master profit plan book
[11:39] {curtisweese} oh...lol
[11:39] {curtisweese} just got it...haven't checked it yet...after hours today
[11:39] {Threei} OK, practical trading part
[11:39] {lumdus} stop on xmsr b/e 11.79
[11:39] {Threei} decsribes how paper trading and small shares should be done
[11:40] {Threei} one of principles is,
[11:40] {Threei} trade as you would with real size
[11:40] {Threei} no adjustment for your current size, it defeats the purpose
[11:40] {Threei} you aim to learn how to trade with certain share size,
[11:40] {curtisweese} got you...and call fees tuition...
[11:41] {Threei} how do you learn it if you change your stops and targets for the "training size"
[11:41] {lumdus} curits, when you start trading for real. Post your trades, if you act stupid, you get slapped. . I am telling you will do very well
[11:42] {Threei} and if for no other reason... we will get a pleasure of slapping you
[11:42] {curtisweese} hahah
[11:43] {lumdus} yeah, but i am serious. vad will catch your mistake and you wont make it again.
[11:43] {curtisweese} cool!!!
[11:44] {Threei} die market
[11:44] {Threei} show dp what real zombies look like
[11:44] {lumdus} why you want it to die ? i need my xmsr to shoot the roof
[11:44] {Threei} ummm... because I am short NVDA
[11:44] * magoo slaps curtisweese around a bit with a large trout
[11:44] {dptl} lol
[11:45] {Threei} that's training slap curtis... wait till you start trading real size
[11:45] {curtisweese} well bought 650 siri at 3.06 and was holding to cover commissions with small amount of shares..... selling now at 3.09.....
[11:45] {curtisweese} sold!
[11:45] {curtisweese} $.03 scalp :)
[11:46] {magoo} vad, any read RIMM?
[11:46] {magoo} AAPL?
[11:46] {lumdus} common xmsr - why can't you just go up ?
[11:47] {Threei} hmmm
[11:47] {magoo} OY
[11:47] {Threei} conflicted a bit here mags
[11:47] {Threei} my strong feeling for the market is down
[11:47] {Threei} RIMM charts has no indication of setup
[11:48] {curtisweese} there goes SIRI
[11:48] {Threei} for short I mean
[11:48] {curtisweese} broke 3.10 resistance
[11:48] {curtisweese} is that right term for the top?
[11:48] {Threei} and I don't feel like going long on it
[11:48] {dino} c'mon 3i, how do you really feel
[11:48] {lumdus} stop on xmsr 11.83
[11:48] {magoo} vad, my minute charts of rimm and qqq are identical
[11:48] {lumdus} dino, i feel xmsr about to give me huuuuge
[11:49] {dino} lol
[11:49] {curtisweese} how do i tap into this "feel" technique?
[11:50] {bruce} curtis -
[11:50] {Threei} stopped NVDA balance
[11:50] {bruce} first you drink large quantities ofbeer and vodka
[11:50] {curtisweese} check!
[11:51] {bruce} then you get a cat that disconnecxts your internet connection for you
[11:51] {bruce} then you do terrible unspeakable things to a donkey
[11:52] {curtisweese} mule doesn't work, eh?
[11:52] {dino} lol
[11:53] {bruce} no\needs to be donkey
[11:53] {bruce} and youneed to attach a crayon to his tail
[11:53] {bruce} or maybe it's just his butt
[11:53] {bruce} vad can confirm
[11:54] {bruce} then you go into deep coma curtis
[11:54] {lumdus} stop on xmsr 11.87 not looking to hot
[11:54] {bruce} about that point you'll be ready for feel
[11:54] {Threei} short RIMM small
[11:54] {Threei} stop just above 95
[11:56] {magoo} in rimm vad.77
[11:56] {magoo} small
[11:56] {dino} xlf s .05, stop .21
[11:57] {magoo} stoppeed
[11:57] {magoo} 3 pm..sell or run to bell?
[11:57] {magoo} dunnop
[11:57] {Threei} no idea
[11:57] {lumdus} xmsr stop moved to 11.89 nice and tight
[11:57] {Threei} initial pereception was wrong
[11:58] {magoo} dunnop=dunno
[11:58] {magoo} i dunno either
[11:58] {bruce} tough to play rimm with such small stops
[11:58] {Threei} quite justified in this case bruce
[11:58] {magoo} well, with 200 or 300
[11:58] {magoo} can allow wiggle
[11:58] {bruce} understood - nice potential
[11:58] {bruce} I like it
[11:59] {bruce} was worth the try
[11:59] {magoo} everyone thought tank regarless of .25 or .50..so guess what? UP
[11:59] {magoo} could pullbk hard
[12:00] {dino} back in 10
[12:00] {bruce} nvda spike
[12:02] {lumdus} xmsr needs to break 12.00 now !!
[12:02] {lumdus} and no, no going down just for vad .. got that !
[12:03] {Threei} nope
[12:04] {lumdus} oh, vad xmsr .. when it goes through 12 i have good one
[12:04] {Threei} just did
[12:05] {lumdus} offering xmsr 13.75 .. ha haa
[12:06] {lumdus} stop on xmsr 11.94
[12:06] {dino} xlf stopped -.16
[12:07] {lumdus} vad, my 11.94 stop on xmsr ok ?
[12:08] {Threei} quite
[12:10] {dptl} nvda short?
[12:10] {Threei} doesn't look like that
[12:10] {Threei} holding near the high during market pullback
[12:10] {dptl} ye..you rght
[12:10] {dino} sm, s fxre .86
[12:11] {lumdus} stop on xmsr 11.97
[12:15] {lumdus} in sgp 19.45
[12:15] {lumdus} stop 19.35
[12:16] {dino} shpgy
[12:19] {lumdus} dino what is shpgy ?
[12:19] {dino} shire plc, drugs
[12:21] {bruce} clwr on break of 13 dino?
[12:21] {lumdus} stop on sgp 19.43 .. getting late in the day
[12:22] {curtisweese} in on xmsr at 12.00
[12:23] {lumdus} xmsr you fail 12.00 and i say goodbye
[12:26] {dino} cycc
[12:30] {curtisweese} DOH! hehe...i accidently sold xmsr at the same price i bought it for.....tuition fees.....lol
[12:32] {lumdus} sgp new stop 19.45 (b/e)
[12:33] {dino} clwr long bruce?
[12:34] {bruce} thats what I thought dino
[12:34] {bruce} not relly moving at moment though
[12:35] {dino} y stuck, but a break yes
[12:36] {bruce} moving now
[12:36] {dino} goig for negative
[12:36] {dino} going
[12:36] {Threei} enough time for Dow to go red?
[12:36] {lumdus} out xmsr 11.99 + .20
[12:37] {dino} yes
[12:37] {dino} gj lum
[12:38] {lumdus} tx dino. still in my last trade for the day (per my rules) sgp 19.45 stop b/e maybe i get some who knows
[12:38] {magoo} u like nvda short
[12:39] {Threei} no
[12:39] {Threei} lost mobility
[12:39] {Threei} too narrow
[12:40] {curtisweese} buying SIRI at $3.09 for $.02 end of day scalp :) ( at least i'm thinking $.02)
[12:40] {dino} you talking about magoo's lack of mobility?
[12:40] {Threei} lol
[12:40] {curtisweese} uh oh...not good....it is going wrong way.....
[12:40] {magoo} as i drive by dinos office on a new rascal mobilitynscooter
[12:41] {dino} i'd like to see you doing that\
[12:41] {bruce} wow - bet you look real cool on it mags
[12:41] {bruce} you got a helmet for it?
[12:42] {bruce} and a nice basket
[12:42] {bruce} gotta have a basket
[12:42] {dino} lol
[12:42] {magoo} i have a bell
[12:42] {patience} a beer basket
[12:42] {dino} indeed
[12:43] {dino} i think george castanzza had one
[12:43] {Threei} red
[12:43] {dino} dji negative vad
[12:43] {Threei} yup
[12:43] {lumdus} common sgp, you can go up
[12:43] {bruce} can carry geritol in the basket too
[12:43] {dino} he's not "that" old
[12:44] {bruce} lol
[12:44] {bruce} never hurts to be prepared
[12:45] {bruce} pretty wild moves - up then down
[12:45] {lumdus} ok, done out sgp 19.48 +.03
[12:45] {dino} ndaq and nyx taking a beating today
[12:45] {lumdus} have a good evening all - great day in the room
[12:46] {bruce} night lum
[12:46] {dino} later lum, gj
[12:46] {dino} hate to do it but...dieeeeeeee fxre
[12:48] {bruce} xl dino 2 buck dump
[12:48] {bruce} 3 actaul;ly
[12:48] {LaserDave1} hey guys if you are using laser
[12:48] {LaserDave1} please use ARCA
[12:49] {LaserDave1} have route out arca checked
[12:49] {dino} cov fxre .39, +.47
[12:49] {magoo} why dave?
[12:49] {magoo} been bad quotes
[12:50] {dino} calling it a day, double daily
[12:51] {Threei} thank you all
[12:51] {Threei} have a good evening, see you tomorrow
[12:51] {bruce} congrats dino
[12:51] {magoo} vad, whats dave trying tio do?
[12:51] {magoo} with arca
[12:51] {bruce} thanx vad
[12:51] {dino} thx for ideas bruce
[12:51] {dptl} have a good evening all
[12:52] {dino} take care all
[12:55] {bruce} welcome dino
[13:02] {bruce} night everyone
Tuesday, January 29, 2008
January 29, 2008
Session Start: Tue Jan 29 00:00:00 2008
Session Time: Tue Jan 29 00:00:00 2008
[05:38] {magoo} mornoing
[05:40] {Threei} good morning
[05:41] {hawkfan4} good morning Mags, Vad, all
[05:42] {Threei} magoo, hawk :)
[05:54] {cosmo} ZRAN (beats/warns) pre mkt high = 12.15 fwiw
[05:55] {magoo} can u imagine..vmw..beats estimates and crushed 23 points
[05:57] {esemde} good morning
[05:58] {Threei} ese :)
[05:59] {Threei} [VMW] VMware Sees 2008 revenue up about 50% - conf call
[05:59] {Threei} - Implies 2008 sales of about $1.995B v $2.08Be.
[05:59] {Threei} - Sees 2008 non-GAAP operating margins in mid-20%s. Q1 margins expected to be seasonally lower.
[06:00] {Threei} 07:43am [VMW] Shares cut to average from buy at Caris; Price Target $60
[06:01] {Threei} just goes to show mags...
[06:02] {dptl} good morning all
[06:02] {Threei} as usual, attempts to predict market movements off the common sense are doomed
[06:02] {Threei} dp :)
[06:05] {magoo} yeah
[06:08] {Threei} AAPL strong
[06:09] {magoo} wasn't aapl high yesterday like 136?
[06:09] {Threei} I show 132.68
[06:10] {magoo} ok
[06:12] {Threei} bruce, how are you coping with cold?
[06:12] {Threei} tv says -50 C... true?
[06:13] {dino} gm all
[06:13] {Threei} dino :)
[06:14] {dino} wow, that's cold
[06:14] {dino} i'm not moving there, we get -10 and i've about had it
[06:15] {Threei} no kidding dino
[06:15] {esemde} SNDK revs down about 100 mil trading down about 6%
[06:15] {bruce} trying to stay inside vad
[06:15] {bruce} definitely frosty
[06:16] {cosmo} LMRA: Lumera receives order and enters into agreement with Lockheed Martin
[06:16] {cosmo} Briefing.com (Tue 8:46am)
[06:16] {bruce} spent 40 mins shovelling snow yesterday - not fun
[06:16] {Threei} -50 C = -58 F
[06:16] {bruce} wind chill
[06:16] {bruce} its about - 36 w/out wind
[06:17] {bruce} just plain nasty frankly
[06:17] {esemde} -50 whoaaa ...where do you live Bruce
[06:17] {bruce} central canada - saskatchewan here
[06:17] {Threei} [LMRA] Lumera Corporation Receives order from Lockheed
[06:17] {Threei} - Received a purchase order from Lockheed Martin for Lumera's high electro-optic activity materials. The term of the existing agreement was extended through December 31, 2009, during which time Lockheed Martin will advise Lumera of its intentions regarding a commercial license for the materials.
[06:17] {bruce} we have a couple weeks a yr of this really frosty stuffr most yrs
[06:18] {dino} man....that's cold
[06:18] {esemde} I'm from Saskatchewan....mom from Central Butte...dad from Indian Head...lived in Regina....
[06:19] {bruce} stoon here ese
[06:19] {bruce} small world
[06:19] {magoo} bruce, u in a city up there or remote?
[06:19] {esemde} thats too bad....
[06:19] {bruce} city mags
[06:19] {bruce} saskatoon
[06:20] {bruce} can get frostbite w/out even realizing it at these temps
[06:20] {bruce} need to dress for it
[06:21] {esemde} never liked Stoon...lost a provincial chess semi final to some guy from Stoon..lost a high school badminton semi final to some guy from Stoon...lost my first girlfriend to some guy from Stoon....
[06:21] {Threei} you are a chess player ese?
[06:22] {bruce} sorry ese
[06:22] {esemde} indeed...but not much anymore.
[06:22] {esemde} vad
[06:22] {bruce} had fun with your gfriend though
[06:22] {Threei} same here... :)
[06:22] {dino} es, stay away from stoon
[06:22] {dino} lol
[06:22] {esemde} would have to really study it again ...but do play for fun
[06:22] {Threei} haven't played really since early college
[06:22] {esemde} tks dino...
[06:23] {cosmo} "The Studs of Stoon"
[06:23] {cosmo} ...comming soon
[06:23] {esemde} strategy now is just to survive first 5 moves
[06:23] {cosmo} coming
[06:23] {bruce} lol cosmo
[06:23] {Threei} but did take 2-3 place in USSR junior championate ages ago
[06:23] {esemde} tks cos....me and you bruce....
[06:24] {esemde} well if you can play anywhere near that vad
[06:24] {esemde} i'm no competetion for you
[06:24] {Threei} replace can with could...
[06:24] {bruce} vmw dino
[06:24] {esemde} it was fun
[06:25] {dino} watching it bruce, lowered guidance, so, want to wait
[06:25] {bruce} k
[06:25] {esemde} use to study all the intros...great moves...try to replay classic games...
[06:25] {esemde} chess club at school
[06:27] {bruce} amag may be long bounce candidate
[06:31] {Threei} VMW 58 break short if consolidates closer to it
[06:31] {magoo} not avail
[06:31] {Threei} and jjumped too far anyway
[06:31] {dino} saddle-up
[06:32] {cosmo} zran
[06:33] {Threei} AAPL short small closer to 132
[06:33] {Threei} finger on a trigger
[06:34] {dino} watching it cos
[06:34] {Threei} in
[06:34] {magoo} in
[06:34] {Threei} .55 stop
[06:34] {magoo} .43
[06:35] {magoo} out .10 TY
[06:35] {Threei} out .90
[06:35] {magoo} dammit
[06:35] {Threei} +.55
[06:35] {magoo} in scalp mode from yesterday
[06:36] {Threei} me too
[06:36] {magoo} +.33
[06:36] {dino} stay there magoo
[06:37] {Threei} looking to reapeat if looks like double top
[06:38] {Threei} not so far
[06:39] {Threei} NUAN .56 long if stays above .40
[06:39] {Threei} slow one
[06:40] {dino} sm l spwr .85, stop .35
[06:41] {Threei} AAPL long .20
[06:41] {Threei} if stays above 132
[06:41] {esemde} half lot long JBLU 5.36
[06:41] {Threei} invalidated, rather pullback long closer to 131.50
[06:42] {bruce} you waiting for .85 to trigger trade dino?
[06:42] {dino} stopped
[06:42] {Threei} didn't get close enough for entry
[06:42] {bruce} k
[06:43] {bruce} bidu dino? - down 5 bucks
[06:44] {Threei} 5 bucks is nothing in BIDU terms bruce
[06:44] {magoo} sheesh btruce
[06:44] {magoo} goes down 35 points
[06:44] {dino} no bruce, bidu tough
[06:44] {bruce} k - thanx guys
[06:44] {magoo} aapl vad?
[06:44] {dino} i want an easy day today bruce, keep searching:)
[06:45] {Threei} a bit lower I think
[06:46] {bruce} easy day - sounds good to me
[06:47] {Threei} get ready mags
[06:47] {magoo} naz still falling
[06:48] {Threei} either .50 break or dive closer to 131
[06:48] {magoo} dive
[06:48] {Threei} I like dive idea better
[06:49] {Threei} not falling with NASDAQ anymore
[06:49] {Threei} out +.45
[06:49] {magoo} well..missed entry
[06:50] {Threei} got .51
[06:50] {magoo} nice
[06:50] {dino} jaso l .25
[06:50] {magoo} way fast
[06:50] {bruce} tech short near here dino?
[06:51] {dino} yeah
[06:52] {dino} jaso stopped
[06:52] {Threei} DNDN
[06:52] {magoo} OY
[06:52] {Threei} rumors
[06:52] {magoo} nver works imho
[06:53] {magoo} qid bounce vad?
[06:53] {magoo} oops
[06:53] {magoo} wrong way
[06:55] {Threei} missed AAPL this time, was way too fast on dive
[06:55] {esemde} out JBLU even...
[06:57] {bruce} I have no idea how to read aapl at this point - simply looks like a mess to me
[06:57] {dino} nice tech bruce, i missed was at .85
[06:58] {bruce} thanx dino
[06:59] {Threei} NUAN was nice short of support break...
[06:59] {Threei} maybe bounces for another chance
[07:00] {magoo} but it was a long call setup right?
[07:00] {Threei} JAN CONSUMER CONFIDENCE: 87.9 V 87.0E
[07:00] {Threei} it never triggered on a long side and broke support instead
[07:03] {Threei} ATAI IPO OPENS FOR TRADE AT $9.50
[07:03] {Threei} nice timing
[07:12] {dino} oih green
[07:12] {dino} jaso here. .25 sm
[07:17] {dino} can't get thru .55
[07:17] {esemde} ESLR bstop 12.28....
[07:22] {Threei} FSLR
[07:22] {Threei} TICKING HIGHER ON RENEWED RUMORS OF POTENTIAL LARGE JOINT VENTURE
[07:23] {magoo} could go 30 points if so vad
[07:23] {magoo} a bidu personality
[07:24] {Threei} I'd rather try to find sympathy play if it does
[07:24] {dino} sm l vmw .75 risky, wide
[07:25] {bruce} watching it dino - but would prefer to see it sell off even more
[07:26] {Threei} SOLF .71 long half lot
[07:27] {Threei} stop under .50
[07:30] {magoo} u in?
[07:30] {dino} you're right bruce stopping it
[07:30] {Threei} yes
[07:32] {Threei} .55 stop
[07:32] {Threei} bottomed at .58 before triggering
[07:34] {dino} vwm wild ride
[07:36] {Threei} no worky SOLF
[07:37] {bruce} fast mover - good thing you're going for easy ones today dino
[07:39] {dino} lol
[07:40] {dino} i'm sizing down today, things are strange, imo
[07:40] {bruce} k
[07:41] {Threei} market is trying to decide how to go about tomorrow's fed
[07:42] {bruce} Ihave trouble w your qid trades vad
[07:42] {bruce} hard to figure out where to exit them
[07:42] {bruce} somethimes moves 8c - sometiems 40
[07:42] {dino} i get stopped alot on qid
[07:43] {bruce} doesn't seem to be any rythm or reason to moves
[07:44] {esemde} am long by the way ESLR at .27
[07:44] {bruce} cinf short dino?
[07:44] {dino} if vmw breaks 57, maybe long
[07:44] {esemde} got distracted forgot to announce the fill
[07:44] {dino} needs more imo
[07:45] {bruce} k
[07:46] {Threei} NUAN 16 break short
[07:54] {dino} can jaso get thru .60
[07:55] {dino} erts
[07:56] {dino} rick
[07:57] {dino} tech again bruce
[07:59] {dino} clmt
[07:59] {bruce} yes - and erts looks good here
[07:59] {dino} crazy
[07:59] {dino} thin
[07:59] {Threei} VMW 56 short small shares if stays below .35
[08:00] {Threei} ugh, not in short list
[08:00] {magoo} u can get it??
[08:00] {Threei} forgot
[08:00] {Threei} nice headfake SOLF
[08:01] {dino} out jaso .75, +.50
[08:02] {bruce} nice dino
[08:03] {dino} ty, lucky
[08:04] {dino} sm s tech .64
[08:05] {dino} didn't expect that
[08:07] {Threei} FSLR hels your ESLR trade ese
[08:07] {bruce} great entry for tech
[08:07] {dino} helps them all it seems
[08:07] {Threei} CSIQ is not very enthusiastic
[08:07] {dino} always cut jaso too soon
[08:07] {esemde} yes it does...you trade 3 day highs right Vad
[08:07] {Threei} used to be much mofe responsive
[08:08] {magoo} [10:23] {magoo} could go 30 points if so vad
[08:08] {magoo} [10:23] {magoo} a bidu personality
[08:08] {magoo} [10:24] {Threei} I'd rather try to fin
[08:08] {dino} ibm l .00, sm
[08:08] {esemde} Vad you trade 3 day highs correct..
[08:08] {Threei} sure
[08:09] {Threei} and two
[08:09] {esemde} because ESLR is there now.....
[08:09] {dino} ibm stop to b/e
[08:09] {esemde} don't know if you can give me a sense on how it will perform or not
[08:09] {esemde} iis that possible..
[08:09] {Threei} can't tell ese, simply because I don't think ESLR is moving on its own merits
[08:10] {Threei} I see it as FSLR sympathy at this point
[08:10] {esemde} ok
[08:11] {dino} ibm stopped flat
[08:13] {esemde} I gone for the day everyone....have a good rest of it...
[08:13] {Threei} take care ese :)
[08:13] {bruce} you too ese
[08:13] {esemde} see ya bruce Vad
[08:13] {Threei} see how ESLR follows F-sibling?
[08:13] {esemde} yes
[08:13] {dino} vmw l sm .00
[08:13] {esemde} am gonna swing this for the rest of the day..
[08:14] {dino} rejected
[08:14] {dino} tech bstop to .44
[08:14] {bruce} hmmm - jaso entering short area dino?
[08:15] {dino} dk, watch oih imo
[08:17] {dino} vmw stop is .79
[08:17] {dino} tech stopped .44, +.20
[08:18] {dino} vmw stopped -.21, done w/it, too tough
[08:20] {Threei} CLWR
[08:20] {Threei} TICKS HIGHER ON RENEWED TAKEOVER CHATTER
[08:21] {magoo} aapl read vad?
[08:21] {Threei} none
[08:21] {Threei} stalled in the middle of range, no slightest indication either way
[08:23] {dino} tech
[08:28] {Threei} 191 break long small shares FSLR, stop under .50
[08:29] {bruce} I like vmw long here dino
[08:29] {Chaeron} hey all
[08:30] {Threei} hi chaeron
[08:30] {dino} gm chaer
[08:31] {bruce} l vmw.74
[08:31] {dino} tech sm s break of .65
[08:33] {magoo} in fslr long
[08:35] {bruce} out vmw +.66
[08:35] {dino} wtg
[08:36] {dino} what was entry?
[08:36] {bruce} thanx dino
[08:36] {bruce} 56.74 -
[08:37] {bruce} looks like I exited early
[08:37] {dino} lol arounfd my stop
[08:37] {dino} gj bud
[08:37] {magoo} stropped fslr btew
[08:37] {bruce} thanx - announced liking it long then grabbed a retraceme4nt
[08:39] {bruce} your training dino- thanx
[08:41] {dino} :)
[08:41] {dino} ttes spike
[08:43] {dino} tech stopped -.48 sm
[08:44] {dino} vmw coming down
[08:46] {bruce} yes- could try a retracement long in vmw around here
[08:47] {magoo} whats its range today bruce?
[08:47] {dino} i'm at .56.34\
[08:47] {bruce} about 4.50so far mags
[08:48] {magoo} k
[08:59] {bruce} l vmw .62 out .82 quick scalp
[09:03] {dino} gj
[09:04] {bruce} thanx dino - prob not enough given risk but nice it worked
[09:08] {dino} s tech .50
[09:13] {dino} vmw going to retest?
[09:14] {bruce} no idea dino - just watching to see what it does here
[09:14] {dino} atls
[09:14] {bruce} vad - possible retest short for nuan - any read?
[09:15] {Threei} if stays under .15, still valid
[09:15] {bruce} on break of 16?
[09:15] {Threei} yup
[09:16] {Threei} 16.01 is low so far
[09:16] {bruce} k
[09:21] {dino} tech bstop to .26
[09:22] {dino} cov .26, +.24
[09:22] {bruce} nice dino
[09:23] {dino} ty
[09:23] {bruce} you think 16.08 or so could be valid stop nuan vad?
[09:23] {Threei} there are several resistance levels bruce,
[09:23] {Threei} .08, .11, .15, .21
[09:24] {Threei} really personal preference
[09:24] {bruce} k - I like small
[09:25] {dino} partial fill l atls .80
[09:28] {cosmo} LMRA
[09:30] {dino} vmw sm l .25
[09:31] {magoo} aapl long 50
[09:34] {magoo} just a scalp..waiting .88
[09:36] {magoo} no work
[09:36] {dino} wbmd
[09:36] {dino} thin
[09:40] {dino} out vmw .65,
[09:40] {dino} =.40
[09:40] {dino} +.40
[09:41] {bruce} nice dino
[09:41] {dino} ty
[09:44] {bruce} nihd hugging highs - any read vad?
[09:46] {Threei} no, not really
[09:46] {bruce} k
[09:46] {dino} fmcn blood
[09:56] {dino} vrus
[10:00] {dino} jaso sm s .10
[10:01] {magoo} dino just walked by with a brew
[10:02] {dino} atls stop to .24
[10:02] {dino} i wish magoo
[10:03] {magoo} i can make that happen for u.....lol
[10:03] {dino} clwr
[10:03] {dino} too early magoo
[10:04] {dino} out atls w/slippage +.35
[10:04] {dino} ceco
[10:07] {dino} fmcn l .31
[10:08] {magoo} bruce, look bidu now..
[10:12] {bruce} got it on screen mags
[10:13] {bruce} I see what you mean about reange in it
[10:13] {dino} jaso stopped -.20
[10:15] {dino} cx no fill
[10:17] {dino} cov jaso .06, +.04
[10:17] {dino} vmw
[10:19] {dino} sbac
[10:20] {Threei} market elected to do nothing in order to pepare for fed
[10:20] {magoo} wake the hex up vad lol
[10:20] {Threei} locked in very narrow range
[10:20] {Threei} especially with ranges we had recently
[10:20] {magoo} it will do even less up to decision tomorrow
[10:21] {dino} sbac sm s .75
[10:21] {Threei} most often that's what happens mags, yes
[10:21] {Threei} activity dies down closer to announcement
[10:29] {magoo} powering up here it seems
[10:31] {dino} stopped sbac .55, cov. +.20
[10:33] {Threei} dunno magoo... don't count on any follow through IMO
[10:33] {Threei} this powering up just as easy turns to be accidental jerk
[10:34] {Threei} followed by just as accidenatl one in opposite direction
[10:37] {magoo} what u call me?? accidental jerk lol
[10:39] {Threei} hey, don't take it personally {G}
[10:40] {dino} fmcn stopped
[10:42] {bruce} jec dino
[10:44] {dino} l sm vmw .00 wide
[10:45] * Chaeron slaps LaserDave1 around a bit with a large trout
[10:45] {Chaeron} hey, don't take it personally {G}
[10:46] * magoo slaps LaserDave1 around a bit with a large trout
[10:46] {dino} i like it bruce
[10:47] {dino} l jec .45
[10:47] {LaserDave1} howdy guys
[10:48] {dino} gm ld
[10:56] {dino} vmw stopped .60 -.40
[10:59] {dino} sbac s .86, stop .12
[10:59] {dino} jec stopped -.30. gone cold
[11:01] {dino} grrr jec rinsed
[11:03] {dino} rbcn
[11:19] {bruce} out jec +.20
[11:20] {bruce} sorry about rinse in it dino - got lucky with a lower entry
[11:20] {bruce} taking a break
[11:22] {dino} it happens
[11:28] {Threei} FSLR is tempting
[11:28] {Threei} don't want breakout after the spike though
[11:28] {dino} rbcn s .30
[11:29] {Threei} pullback to 190 area would be compelling
[11:34] {Threei} getting interesting
[11:34] {Threei} want one more dive
[11:34] {Threei} closer to 190
[11:35] {Threei} with support level for a stop 189.50
[11:36] {Threei} in
[11:36] {Threei} out .85
[11:37] {Threei} +.81
[11:37] {Threei} anyone followed?
[11:37] {Threei} clean chart
[11:37] {Threei} dropped right into suppoert and bounced right off it
[11:39] {Threei} am I here?
[11:40] {Roman} test
[11:41] {Threei} noone here but us Roman
[11:43] * Threei slaps magoo around a bit with a large trout
[11:43] * Threei slaps Chaeron around a bit with a large trout
[11:44] {magoo} hey
[11:44] {Threei} oops... I thought I was alone here
[11:45] {Threei} now that I know I am not:
[11:45] {magoo} nice read..of course i was on phone
[11:45] * Threei slaps magoo around a bit with a large trout
[11:45] {Threei} ugh... sorry :(
[11:45] {Threei} FSLR rarely give such clean trade
[11:45] {Threei} gives
[11:45] * LaserDave1 slaps magoo around a bit with a large trout
[11:48] {magoo} :)
[12:01] {bruce} can we play rewind and do that trade over?
[12:03] {magoo} really..don't seem right that vads only 1 to profit on it
[12:04] {bruce} agreed mags
[12:04] {bruce} really deserves a trout
[12:04] {bruce} he waited till I took break to do that
[12:04] {Threei} and I alerted 8 minutes before actual setup... I just can't please, can I? :)
[12:04] {bruce} see how he does that day after day?
[12:04] {magoo} and he actually paid someone to distracrt me w/phone call
[12:05] {Threei} pure evil, lol
[12:05] {magoo} smack him bruce..do it..we all did
[12:05] {bruce} yes - and he made my dogs force me into taking them out right then
[12:05] * bruce slaps Threei around a bit with a large trout
[12:05] {Threei} dogs?? in -50??
[12:05] * magoo slaps Threei around a bit with a large trout
[12:05] {bruce} well - you know the laternative?
[12:05] {Threei} gosh... you must really really love them
[12:06] {bruce} dogs run my life
[12:06] {Threei} actually who am I to judge, cat runs mine
[12:06] {bruce} that and mother market
[12:06] {bruce} they're happy now
[12:07] {bruce} when they can't keep paws in snow it's cold out
[12:09] {bruce} vmw's movin now
[12:15] {bruce} shld short here dino?
[12:20] {dino} dk bruce, kind of out of it this p.m.
[12:20] {dino} nyx l .75
[12:21] {bruce} k
[12:23] {dino} rbcn stopped sheesh
[12:23] {bruce} my levle 2 doesn'tseem to be showing mms
[12:24] {Threei} on what?
[12:24] {bruce} great entry in nyx dino
[12:24] {Threei} looks OK here bruce
[12:24] {bruce} Ithere we are - matr lehman is showing
[12:29] {dino} out nyx .00, +.25
[12:29] {bruce} nice trade dino
[12:30] {dino} ty bruce, went cold for a bit
[12:31] {dino} lots of rinses today
[12:31] {dino} look rbcn, major rinse
[12:32] {dino} jaso l .51, wide, sm
[12:44] {Threei} FSLR is about to become interesting again
[12:46] {Threei} in
[12:46] {bruce} you're thinking long fslr about 190 or so?
[12:46] {Threei} got 189.70
[12:46] {bruce} k
[12:46] {Threei} out
[12:47] {Threei} +.60
[12:47] {bruce} nice trade vadster
[12:47] {bruce} 5 k shares?
[12:47] {Threei} it actually move in synch with NASDAQ
[12:47] {magoo} god dammit vadf
[12:47] {magoo} on phone w/bus again
[12:47] {Threei} jeez
[12:47] {bruce} vads buyin the beer
[12:47] {magoo} u pull that shit
[12:48] {magoo} but allday stare and u got nuttin
[12:48] {Threei} me?? pull the cord out of the wall!!
[12:49] {bruce} ah mags - you upset?
[12:50] {magoo} well, they are vads bogus phone callers
[12:50] {magoo} nigerians
[12:50] {Threei} lol
[12:50] {bruce} lol
[12:50] {dino} out jaso .75 +.24
[12:51] {magoo} just funnin with you...but really..waiting all day..get call..and u in and out
[12:51] {bruce} yeah
[12:51] * bruce slaps Threei around a bit with a large trout
[12:52] {Threei} what's your excuse bruce? dogs again??
[12:52] {magoo} yeah..good idea
[12:52] * magoo slaps Threei around a bit with a large trout
[12:52] {bruce} thats for upsettting mags
[12:52] {bruce} and not giving mre enough notice either!
[12:52] {dino} hit him for me too, just because..
[12:53] {Threei} lol
[12:53] * bruce slaps bruce around a bit with a large trout
[12:53] {bruce} and thats for not not taking it when I saw it - mind would have been a lte entry
[12:54] {bruce} see mags - vad is saving all the good ones forhimself
[12:54] {bruce} and his cat
[12:54] {bruce} bruce slaps vads cat around with a large trout
[12:55] {dino} magoo stuck w/phone to his ear today
[12:55] {bruce} oh?
[12:55] {bruce} crazy glue again?
[12:55] {dino} lol
[12:55] {bruce} you gotta stop using that stuff mags
[12:56] {bruce} must hurt like the dickens when you have to pull the phone off
[12:57] {Threei} oh boy
[12:57] {Threei} lost track of time
[12:57] {Threei} was hunting for another entry
[12:57] {bruce} yean
[12:57] {bruce} they rush by when you're being trouted
[12:57] {Threei} this kind of stocks can be totally mesmerizing
[12:58] {bruce} lookingat chart - that was probably single best trade of day in it
[12:58] {dino} i'm done for day. thx all
[12:58] {Threei} thank you all
[12:58] {Threei} tomorrow ill be inetersting
[12:59] {Threei} my feeling is, we are going to get big selloff after fed
[12:59] {bruce} thanx dino - green w your help today
[12:59] {Threei} gj bruce
[12:59] {dino} down, up, down all in 1 1/2 hours, all 100+
[12:59] {bruce} thanx vad
[12:59] {Threei} have a good evening, see you tomorrow
[12:59] {bruce} to0ugh month for me
[12:59] {dino} hang in there bruce
[12:59] {Threei} it's just tough month
[12:59] {Threei} no questions about that
[13:00] {dino} emkr
[13:00] {Threei} FBI OPENS INQUIRIES INTO 14 COMPANIES IN A SUBPRIME MORTGAGE PROBE - WSJ- FBI would not identify which companies are being looked at. The investigation is focusing on accounting fraud, securitization of loans and insider trading.
[13:00] {bruce} you play after market dino?
[13:01] {dino} not usually, my kids get off the bus at my office, so kind of tough to pay attn
[13:01] {dino} more of a summer thing
[13:01] {dptl} have a good evening all
[13:03] {dino} cya dp
[13:03] {bruce} same to you dp
[13:04] * Chaeron slaps LaserDave1 around a bit with a large trout
[13:05] * Chaeron slaps LaserDave1 around a bit with a large trout
[13:05] * Chaeron slaps LaserDave1 around a bit with a large trout
[13:05] {magoo} nite all
[13:05] * Chaeron slaps LaserDave1 around a bit with a large trout
[13:05] * Chaeron slaps magoo around a bit with a large trout
[13:07] {bruce} night mags
Session Time: Tue Jan 29 00:00:00 2008
[05:38] {magoo} mornoing
[05:40] {Threei} good morning
[05:41] {hawkfan4} good morning Mags, Vad, all
[05:42] {Threei} magoo, hawk :)
[05:54] {cosmo} ZRAN (beats/warns) pre mkt high = 12.15 fwiw
[05:55] {magoo} can u imagine..vmw..beats estimates and crushed 23 points
[05:57] {esemde} good morning
[05:58] {Threei} ese :)
[05:59] {Threei} [VMW] VMware Sees 2008 revenue up about 50% - conf call
[05:59] {Threei} - Implies 2008 sales of about $1.995B v $2.08Be.
[05:59] {Threei} - Sees 2008 non-GAAP operating margins in mid-20%s. Q1 margins expected to be seasonally lower.
[06:00] {Threei} 07:43am [VMW] Shares cut to average from buy at Caris; Price Target $60
[06:01] {Threei} just goes to show mags...
[06:02] {dptl} good morning all
[06:02] {Threei} as usual, attempts to predict market movements off the common sense are doomed
[06:02] {Threei} dp :)
[06:05] {magoo} yeah
[06:08] {Threei} AAPL strong
[06:09] {magoo} wasn't aapl high yesterday like 136?
[06:09] {Threei} I show 132.68
[06:10] {magoo} ok
[06:12] {Threei} bruce, how are you coping with cold?
[06:12] {Threei} tv says -50 C... true?
[06:13] {dino} gm all
[06:13] {Threei} dino :)
[06:14] {dino} wow, that's cold
[06:14] {dino} i'm not moving there, we get -10 and i've about had it
[06:15] {Threei} no kidding dino
[06:15] {esemde} SNDK revs down about 100 mil trading down about 6%
[06:15] {bruce} trying to stay inside vad
[06:15] {bruce} definitely frosty
[06:16] {cosmo} LMRA: Lumera receives order and enters into agreement with Lockheed Martin
[06:16] {cosmo} Briefing.com (Tue 8:46am)
[06:16] {bruce} spent 40 mins shovelling snow yesterday - not fun
[06:16] {Threei} -50 C = -58 F
[06:16] {bruce} wind chill
[06:16] {bruce} its about - 36 w/out wind
[06:17] {bruce} just plain nasty frankly
[06:17] {esemde} -50 whoaaa ...where do you live Bruce
[06:17] {bruce} central canada - saskatchewan here
[06:17] {Threei} [LMRA] Lumera Corporation Receives order from Lockheed
[06:17] {Threei} - Received a purchase order from Lockheed Martin for Lumera's high electro-optic activity materials. The term of the existing agreement was extended through December 31, 2009, during which time Lockheed Martin will advise Lumera of its intentions regarding a commercial license for the materials.
[06:17] {bruce} we have a couple weeks a yr of this really frosty stuffr most yrs
[06:18] {dino} man....that's cold
[06:18] {esemde} I'm from Saskatchewan....mom from Central Butte...dad from Indian Head...lived in Regina....
[06:19] {bruce} stoon here ese
[06:19] {bruce} small world
[06:19] {magoo} bruce, u in a city up there or remote?
[06:19] {esemde} thats too bad....
[06:19] {bruce} city mags
[06:19] {bruce} saskatoon
[06:20] {bruce} can get frostbite w/out even realizing it at these temps
[06:20] {bruce} need to dress for it
[06:21] {esemde} never liked Stoon...lost a provincial chess semi final to some guy from Stoon..lost a high school badminton semi final to some guy from Stoon...lost my first girlfriend to some guy from Stoon....
[06:21] {Threei} you are a chess player ese?
[06:22] {bruce} sorry ese
[06:22] {esemde} indeed...but not much anymore.
[06:22] {esemde} vad
[06:22] {bruce} had fun with your gfriend though
[06:22] {Threei} same here... :)
[06:22] {dino} es, stay away from stoon
[06:22] {dino} lol
[06:22] {esemde} would have to really study it again ...but do play for fun
[06:22] {Threei} haven't played really since early college
[06:22] {esemde} tks dino...
[06:23] {cosmo} "The Studs of Stoon"
[06:23] {cosmo} ...comming soon
[06:23] {esemde} strategy now is just to survive first 5 moves
[06:23] {cosmo} coming
[06:23] {bruce} lol cosmo
[06:23] {Threei} but did take 2-3 place in USSR junior championate ages ago
[06:23] {esemde} tks cos....me and you bruce....
[06:24] {esemde} well if you can play anywhere near that vad
[06:24] {esemde} i'm no competetion for you
[06:24] {Threei} replace can with could...
[06:24] {bruce} vmw dino
[06:24] {esemde} it was fun
[06:25] {dino} watching it bruce, lowered guidance, so, want to wait
[06:25] {bruce} k
[06:25] {esemde} use to study all the intros...great moves...try to replay classic games...
[06:25] {esemde} chess club at school
[06:27] {bruce} amag may be long bounce candidate
[06:31] {Threei} VMW 58 break short if consolidates closer to it
[06:31] {magoo} not avail
[06:31] {Threei} and jjumped too far anyway
[06:31] {dino} saddle-up
[06:32] {cosmo} zran
[06:33] {Threei} AAPL short small closer to 132
[06:33] {Threei} finger on a trigger
[06:34] {dino} watching it cos
[06:34] {Threei} in
[06:34] {magoo} in
[06:34] {Threei} .55 stop
[06:34] {magoo} .43
[06:35] {magoo} out .10 TY
[06:35] {Threei} out .90
[06:35] {magoo} dammit
[06:35] {Threei} +.55
[06:35] {magoo} in scalp mode from yesterday
[06:36] {Threei} me too
[06:36] {magoo} +.33
[06:36] {dino} stay there magoo
[06:37] {Threei} looking to reapeat if looks like double top
[06:38] {Threei} not so far
[06:39] {Threei} NUAN .56 long if stays above .40
[06:39] {Threei} slow one
[06:40] {dino} sm l spwr .85, stop .35
[06:41] {Threei} AAPL long .20
[06:41] {Threei} if stays above 132
[06:41] {esemde} half lot long JBLU 5.36
[06:41] {Threei} invalidated, rather pullback long closer to 131.50
[06:42] {bruce} you waiting for .85 to trigger trade dino?
[06:42] {dino} stopped
[06:42] {Threei} didn't get close enough for entry
[06:42] {bruce} k
[06:43] {bruce} bidu dino? - down 5 bucks
[06:44] {Threei} 5 bucks is nothing in BIDU terms bruce
[06:44] {magoo} sheesh btruce
[06:44] {magoo} goes down 35 points
[06:44] {dino} no bruce, bidu tough
[06:44] {bruce} k - thanx guys
[06:44] {magoo} aapl vad?
[06:44] {dino} i want an easy day today bruce, keep searching:)
[06:45] {Threei} a bit lower I think
[06:46] {bruce} easy day - sounds good to me
[06:47] {Threei} get ready mags
[06:47] {magoo} naz still falling
[06:48] {Threei} either .50 break or dive closer to 131
[06:48] {magoo} dive
[06:48] {Threei} I like dive idea better
[06:49] {Threei} not falling with NASDAQ anymore
[06:49] {Threei} out +.45
[06:49] {magoo} well..missed entry
[06:50] {Threei} got .51
[06:50] {magoo} nice
[06:50] {dino} jaso l .25
[06:50] {magoo} way fast
[06:50] {bruce} tech short near here dino?
[06:51] {dino} yeah
[06:52] {dino} jaso stopped
[06:52] {Threei} DNDN
[06:52] {magoo} OY
[06:52] {Threei} rumors
[06:52] {magoo} nver works imho
[06:53] {magoo} qid bounce vad?
[06:53] {magoo} oops
[06:53] {magoo} wrong way
[06:55] {Threei} missed AAPL this time, was way too fast on dive
[06:55] {esemde} out JBLU even...
[06:57] {bruce} I have no idea how to read aapl at this point - simply looks like a mess to me
[06:57] {dino} nice tech bruce, i missed was at .85
[06:58] {bruce} thanx dino
[06:59] {Threei} NUAN was nice short of support break...
[06:59] {Threei} maybe bounces for another chance
[07:00] {magoo} but it was a long call setup right?
[07:00] {Threei} JAN CONSUMER CONFIDENCE: 87.9 V 87.0E
[07:00] {Threei} it never triggered on a long side and broke support instead
[07:03] {Threei} ATAI IPO OPENS FOR TRADE AT $9.50
[07:03] {Threei} nice timing
[07:12] {dino} oih green
[07:12] {dino} jaso here. .25 sm
[07:17] {dino} can't get thru .55
[07:17] {esemde} ESLR bstop 12.28....
[07:22] {Threei} FSLR
[07:22] {Threei} TICKING HIGHER ON RENEWED RUMORS OF POTENTIAL LARGE JOINT VENTURE
[07:23] {magoo} could go 30 points if so vad
[07:23] {magoo} a bidu personality
[07:24] {Threei} I'd rather try to find sympathy play if it does
[07:24] {dino} sm l vmw .75 risky, wide
[07:25] {bruce} watching it dino - but would prefer to see it sell off even more
[07:26] {Threei} SOLF .71 long half lot
[07:27] {Threei} stop under .50
[07:30] {magoo} u in?
[07:30] {dino} you're right bruce stopping it
[07:30] {Threei} yes
[07:32] {Threei} .55 stop
[07:32] {Threei} bottomed at .58 before triggering
[07:34] {dino} vwm wild ride
[07:36] {Threei} no worky SOLF
[07:37] {bruce} fast mover - good thing you're going for easy ones today dino
[07:39] {dino} lol
[07:40] {dino} i'm sizing down today, things are strange, imo
[07:40] {bruce} k
[07:41] {Threei} market is trying to decide how to go about tomorrow's fed
[07:42] {bruce} Ihave trouble w your qid trades vad
[07:42] {bruce} hard to figure out where to exit them
[07:42] {bruce} somethimes moves 8c - sometiems 40
[07:42] {dino} i get stopped alot on qid
[07:43] {bruce} doesn't seem to be any rythm or reason to moves
[07:44] {esemde} am long by the way ESLR at .27
[07:44] {bruce} cinf short dino?
[07:44] {dino} if vmw breaks 57, maybe long
[07:44] {esemde} got distracted forgot to announce the fill
[07:44] {dino} needs more imo
[07:45] {bruce} k
[07:46] {Threei} NUAN 16 break short
[07:54] {dino} can jaso get thru .60
[07:55] {dino} erts
[07:56] {dino} rick
[07:57] {dino} tech again bruce
[07:59] {dino} clmt
[07:59] {bruce} yes - and erts looks good here
[07:59] {dino} crazy
[07:59] {dino} thin
[07:59] {Threei} VMW 56 short small shares if stays below .35
[08:00] {Threei} ugh, not in short list
[08:00] {magoo} u can get it??
[08:00] {Threei} forgot
[08:00] {Threei} nice headfake SOLF
[08:01] {dino} out jaso .75, +.50
[08:02] {bruce} nice dino
[08:03] {dino} ty, lucky
[08:04] {dino} sm s tech .64
[08:05] {dino} didn't expect that
[08:07] {Threei} FSLR hels your ESLR trade ese
[08:07] {bruce} great entry for tech
[08:07] {dino} helps them all it seems
[08:07] {Threei} CSIQ is not very enthusiastic
[08:07] {dino} always cut jaso too soon
[08:07] {esemde} yes it does...you trade 3 day highs right Vad
[08:07] {Threei} used to be much mofe responsive
[08:08] {magoo} [10:23] {magoo} could go 30 points if so vad
[08:08] {magoo} [10:23] {magoo} a bidu personality
[08:08] {magoo} [10:24] {Threei} I'd rather try to fin
[08:08] {dino} ibm l .00, sm
[08:08] {esemde} Vad you trade 3 day highs correct..
[08:08] {Threei} sure
[08:09] {Threei} and two
[08:09] {esemde} because ESLR is there now.....
[08:09] {dino} ibm stop to b/e
[08:09] {esemde} don't know if you can give me a sense on how it will perform or not
[08:09] {esemde} iis that possible..
[08:09] {Threei} can't tell ese, simply because I don't think ESLR is moving on its own merits
[08:10] {Threei} I see it as FSLR sympathy at this point
[08:10] {esemde} ok
[08:11] {dino} ibm stopped flat
[08:13] {esemde} I gone for the day everyone....have a good rest of it...
[08:13] {Threei} take care ese :)
[08:13] {bruce} you too ese
[08:13] {esemde} see ya bruce Vad
[08:13] {Threei} see how ESLR follows F-sibling?
[08:13] {esemde} yes
[08:13] {dino} vmw l sm .00
[08:13] {esemde} am gonna swing this for the rest of the day..
[08:14] {dino} rejected
[08:14] {dino} tech bstop to .44
[08:14] {bruce} hmmm - jaso entering short area dino?
[08:15] {dino} dk, watch oih imo
[08:17] {dino} vmw stop is .79
[08:17] {dino} tech stopped .44, +.20
[08:18] {dino} vmw stopped -.21, done w/it, too tough
[08:20] {Threei} CLWR
[08:20] {Threei} TICKS HIGHER ON RENEWED TAKEOVER CHATTER
[08:21] {magoo} aapl read vad?
[08:21] {Threei} none
[08:21] {Threei} stalled in the middle of range, no slightest indication either way
[08:23] {dino} tech
[08:28] {Threei} 191 break long small shares FSLR, stop under .50
[08:29] {bruce} I like vmw long here dino
[08:29] {Chaeron} hey all
[08:30] {Threei} hi chaeron
[08:30] {dino} gm chaer
[08:31] {bruce} l vmw.74
[08:31] {dino} tech sm s break of .65
[08:33] {magoo} in fslr long
[08:35] {bruce} out vmw +.66
[08:35] {dino} wtg
[08:36] {dino} what was entry?
[08:36] {bruce} thanx dino
[08:36] {bruce} 56.74 -
[08:37] {bruce} looks like I exited early
[08:37] {dino} lol arounfd my stop
[08:37] {dino} gj bud
[08:37] {magoo} stropped fslr btew
[08:37] {bruce} thanx - announced liking it long then grabbed a retraceme4nt
[08:39] {bruce} your training dino- thanx
[08:41] {dino} :)
[08:41] {dino} ttes spike
[08:43] {dino} tech stopped -.48 sm
[08:44] {dino} vmw coming down
[08:46] {bruce} yes- could try a retracement long in vmw around here
[08:47] {magoo} whats its range today bruce?
[08:47] {dino} i'm at .56.34\
[08:47] {bruce} about 4.50so far mags
[08:48] {magoo} k
[08:59] {bruce} l vmw .62 out .82 quick scalp
[09:03] {dino} gj
[09:04] {bruce} thanx dino - prob not enough given risk but nice it worked
[09:08] {dino} s tech .50
[09:13] {dino} vmw going to retest?
[09:14] {bruce} no idea dino - just watching to see what it does here
[09:14] {dino} atls
[09:14] {bruce} vad - possible retest short for nuan - any read?
[09:15] {Threei} if stays under .15, still valid
[09:15] {bruce} on break of 16?
[09:15] {Threei} yup
[09:16] {Threei} 16.01 is low so far
[09:16] {bruce} k
[09:21] {dino} tech bstop to .26
[09:22] {dino} cov .26, +.24
[09:22] {bruce} nice dino
[09:23] {dino} ty
[09:23] {bruce} you think 16.08 or so could be valid stop nuan vad?
[09:23] {Threei} there are several resistance levels bruce,
[09:23] {Threei} .08, .11, .15, .21
[09:24] {Threei} really personal preference
[09:24] {bruce} k - I like small
[09:25] {dino} partial fill l atls .80
[09:28] {cosmo} LMRA
[09:30] {dino} vmw sm l .25
[09:31] {magoo} aapl long 50
[09:34] {magoo} just a scalp..waiting .88
[09:36] {magoo} no work
[09:36] {dino} wbmd
[09:36] {dino} thin
[09:40] {dino} out vmw .65,
[09:40] {dino} =.40
[09:40] {dino} +.40
[09:41] {bruce} nice dino
[09:41] {dino} ty
[09:44] {bruce} nihd hugging highs - any read vad?
[09:46] {Threei} no, not really
[09:46] {bruce} k
[09:46] {dino} fmcn blood
[09:56] {dino} vrus
[10:00] {dino} jaso sm s .10
[10:01] {magoo} dino just walked by with a brew
[10:02] {dino} atls stop to .24
[10:02] {dino} i wish magoo
[10:03] {magoo} i can make that happen for u.....lol
[10:03] {dino} clwr
[10:03] {dino} too early magoo
[10:04] {dino} out atls w/slippage +.35
[10:04] {dino} ceco
[10:07] {dino} fmcn l .31
[10:08] {magoo} bruce, look bidu now..
[10:12] {bruce} got it on screen mags
[10:13] {bruce} I see what you mean about reange in it
[10:13] {dino} jaso stopped -.20
[10:15] {dino} cx no fill
[10:17] {dino} cov jaso .06, +.04
[10:17] {dino} vmw
[10:19] {dino} sbac
[10:20] {Threei} market elected to do nothing in order to pepare for fed
[10:20] {magoo} wake the hex up vad lol
[10:20] {Threei} locked in very narrow range
[10:20] {Threei} especially with ranges we had recently
[10:20] {magoo} it will do even less up to decision tomorrow
[10:21] {dino} sbac sm s .75
[10:21] {Threei} most often that's what happens mags, yes
[10:21] {Threei} activity dies down closer to announcement
[10:29] {magoo} powering up here it seems
[10:31] {dino} stopped sbac .55, cov. +.20
[10:33] {Threei} dunno magoo... don't count on any follow through IMO
[10:33] {Threei} this powering up just as easy turns to be accidental jerk
[10:34] {Threei} followed by just as accidenatl one in opposite direction
[10:37] {magoo} what u call me?? accidental jerk lol
[10:39] {Threei} hey, don't take it personally {G}
[10:40] {dino} fmcn stopped
[10:42] {bruce} jec dino
[10:44] {dino} l sm vmw .00 wide
[10:45] * Chaeron slaps LaserDave1 around a bit with a large trout
[10:45] {Chaeron} hey, don't take it personally {G}
[10:46] * magoo slaps LaserDave1 around a bit with a large trout
[10:46] {dino} i like it bruce
[10:47] {dino} l jec .45
[10:47] {LaserDave1} howdy guys
[10:48] {dino} gm ld
[10:56] {dino} vmw stopped .60 -.40
[10:59] {dino} sbac s .86, stop .12
[10:59] {dino} jec stopped -.30. gone cold
[11:01] {dino} grrr jec rinsed
[11:03] {dino} rbcn
[11:19] {bruce} out jec +.20
[11:20] {bruce} sorry about rinse in it dino - got lucky with a lower entry
[11:20] {bruce} taking a break
[11:22] {dino} it happens
[11:28] {Threei} FSLR is tempting
[11:28] {Threei} don't want breakout after the spike though
[11:28] {dino} rbcn s .30
[11:29] {Threei} pullback to 190 area would be compelling
[11:34] {Threei} getting interesting
[11:34] {Threei} want one more dive
[11:34] {Threei} closer to 190
[11:35] {Threei} with support level for a stop 189.50
[11:36] {Threei} in
[11:36] {Threei} out .85
[11:37] {Threei} +.81
[11:37] {Threei} anyone followed?
[11:37] {Threei} clean chart
[11:37] {Threei} dropped right into suppoert and bounced right off it
[11:39] {Threei} am I here?
[11:40] {Roman} test
[11:41] {Threei} noone here but us Roman
[11:43] * Threei slaps magoo around a bit with a large trout
[11:43] * Threei slaps Chaeron around a bit with a large trout
[11:44] {magoo} hey
[11:44] {Threei} oops... I thought I was alone here
[11:45] {Threei} now that I know I am not:
[11:45] {magoo} nice read..of course i was on phone
[11:45] * Threei slaps magoo around a bit with a large trout
[11:45] {Threei} ugh... sorry :(
[11:45] {Threei} FSLR rarely give such clean trade
[11:45] {Threei} gives
[11:45] * LaserDave1 slaps magoo around a bit with a large trout
[11:48] {magoo} :)
[12:01] {bruce} can we play rewind and do that trade over?
[12:03] {magoo} really..don't seem right that vads only 1 to profit on it
[12:04] {bruce} agreed mags
[12:04] {bruce} really deserves a trout
[12:04] {bruce} he waited till I took break to do that
[12:04] {Threei} and I alerted 8 minutes before actual setup... I just can't please, can I? :)
[12:04] {bruce} see how he does that day after day?
[12:04] {magoo} and he actually paid someone to distracrt me w/phone call
[12:05] {Threei} pure evil, lol
[12:05] {magoo} smack him bruce..do it..we all did
[12:05] {bruce} yes - and he made my dogs force me into taking them out right then
[12:05] * bruce slaps Threei around a bit with a large trout
[12:05] {Threei} dogs?? in -50??
[12:05] * magoo slaps Threei around a bit with a large trout
[12:05] {bruce} well - you know the laternative?
[12:05] {Threei} gosh... you must really really love them
[12:06] {bruce} dogs run my life
[12:06] {Threei} actually who am I to judge, cat runs mine
[12:06] {bruce} that and mother market
[12:06] {bruce} they're happy now
[12:07] {bruce} when they can't keep paws in snow it's cold out
[12:09] {bruce} vmw's movin now
[12:15] {bruce} shld short here dino?
[12:20] {dino} dk bruce, kind of out of it this p.m.
[12:20] {dino} nyx l .75
[12:21] {bruce} k
[12:23] {dino} rbcn stopped sheesh
[12:23] {bruce} my levle 2 doesn'tseem to be showing mms
[12:24] {Threei} on what?
[12:24] {bruce} great entry in nyx dino
[12:24] {Threei} looks OK here bruce
[12:24] {bruce} Ithere we are - matr lehman is showing
[12:29] {dino} out nyx .00, +.25
[12:29] {bruce} nice trade dino
[12:30] {dino} ty bruce, went cold for a bit
[12:31] {dino} lots of rinses today
[12:31] {dino} look rbcn, major rinse
[12:32] {dino} jaso l .51, wide, sm
[12:44] {Threei} FSLR is about to become interesting again
[12:46] {Threei} in
[12:46] {bruce} you're thinking long fslr about 190 or so?
[12:46] {Threei} got 189.70
[12:46] {bruce} k
[12:46] {Threei} out
[12:47] {Threei} +.60
[12:47] {bruce} nice trade vadster
[12:47] {bruce} 5 k shares?
[12:47] {Threei} it actually move in synch with NASDAQ
[12:47] {magoo} god dammit vadf
[12:47] {magoo} on phone w/bus again
[12:47] {Threei} jeez
[12:47] {bruce} vads buyin the beer
[12:47] {magoo} u pull that shit
[12:48] {magoo} but allday stare and u got nuttin
[12:48] {Threei} me?? pull the cord out of the wall!!
[12:49] {bruce} ah mags - you upset?
[12:50] {magoo} well, they are vads bogus phone callers
[12:50] {magoo} nigerians
[12:50] {Threei} lol
[12:50] {bruce} lol
[12:50] {dino} out jaso .75 +.24
[12:51] {magoo} just funnin with you...but really..waiting all day..get call..and u in and out
[12:51] {bruce} yeah
[12:51] * bruce slaps Threei around a bit with a large trout
[12:52] {Threei} what's your excuse bruce? dogs again??
[12:52] {magoo} yeah..good idea
[12:52] * magoo slaps Threei around a bit with a large trout
[12:52] {bruce} thats for upsettting mags
[12:52] {bruce} and not giving mre enough notice either!
[12:52] {dino} hit him for me too, just because..
[12:53] {Threei} lol
[12:53] * bruce slaps bruce around a bit with a large trout
[12:53] {bruce} and thats for not not taking it when I saw it - mind would have been a lte entry
[12:54] {bruce} see mags - vad is saving all the good ones forhimself
[12:54] {bruce} and his cat
[12:54] {bruce} bruce slaps vads cat around with a large trout
[12:55] {dino} magoo stuck w/phone to his ear today
[12:55] {bruce} oh?
[12:55] {bruce} crazy glue again?
[12:55] {dino} lol
[12:55] {bruce} you gotta stop using that stuff mags
[12:56] {bruce} must hurt like the dickens when you have to pull the phone off
[12:57] {Threei} oh boy
[12:57] {Threei} lost track of time
[12:57] {Threei} was hunting for another entry
[12:57] {bruce} yean
[12:57] {bruce} they rush by when you're being trouted
[12:57] {Threei} this kind of stocks can be totally mesmerizing
[12:58] {bruce} lookingat chart - that was probably single best trade of day in it
[12:58] {dino} i'm done for day. thx all
[12:58] {Threei} thank you all
[12:58] {Threei} tomorrow ill be inetersting
[12:59] {Threei} my feeling is, we are going to get big selloff after fed
[12:59] {bruce} thanx dino - green w your help today
[12:59] {Threei} gj bruce
[12:59] {dino} down, up, down all in 1 1/2 hours, all 100+
[12:59] {bruce} thanx vad
[12:59] {Threei} have a good evening, see you tomorrow
[12:59] {bruce} to0ugh month for me
[12:59] {dino} hang in there bruce
[12:59] {Threei} it's just tough month
[12:59] {Threei} no questions about that
[13:00] {dino} emkr
[13:00] {Threei} FBI OPENS INQUIRIES INTO 14 COMPANIES IN A SUBPRIME MORTGAGE PROBE - WSJ- FBI would not identify which companies are being looked at. The investigation is focusing on accounting fraud, securitization of loans and insider trading.
[13:00] {bruce} you play after market dino?
[13:01] {dino} not usually, my kids get off the bus at my office, so kind of tough to pay attn
[13:01] {dino} more of a summer thing
[13:01] {dptl} have a good evening all
[13:03] {dino} cya dp
[13:03] {bruce} same to you dp
[13:04] * Chaeron slaps LaserDave1 around a bit with a large trout
[13:05] * Chaeron slaps LaserDave1 around a bit with a large trout
[13:05] * Chaeron slaps LaserDave1 around a bit with a large trout
[13:05] {magoo} nite all
[13:05] * Chaeron slaps LaserDave1 around a bit with a large trout
[13:05] * Chaeron slaps magoo around a bit with a large trout
[13:07] {bruce} night mags
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