Day started out nice, with a few good trades, notably ADBE short. Then things turned into repetition of yesterday so we cut down on activity. Took couple stops, took couple scalps - all in all, we could finish the day after first morning trades just as well.
Session Time: Tue Jan 13 00:00:00 2009
[07:08] {nemo} guten morgen
[07:55] {Threei} Good morning sleepless souls
[07:56] {nemo} Age...
[07:56] {Threei} yup
[07:56] {nemo} vodka
[07:56] {Threei} nope
[07:56] {nemo} 5:00 am there?
[07:57] {Threei} uhhu
[07:58] {magoo} morning
[07:58] {Threei} mags :)
[07:58] {Threei} (US) S&P REAFFIRMS USA SOVEREIGN RATING AT "AAA", OUTLOOK STABLE
[07:59] {nemo} guten morgen
[07:59] {nemo} Hah! they must have had a gun to their heads
[08:00] {Threei} magoo, managed to configure mirc?
[08:00] {magoo} i tried to get the mIRC up and running...i have an icon on screen but window pops up "about mIRC" evualation copy:30 days and a register /continue button
[08:00] {magoo} SORRY
[08:01] {Threei} right, click continue
[08:01] {magoo} than window says unable to connect
[08:01] {magoo} i know i am computer illiterate, but i almost made it sigh
[08:01] {Threei} sure, if you haven't configured it yet to connect this room
[08:03] {magoo} ok...i got a pop up mIRC Favorites
[08:03] {magoo} enter channel name?
[08:04] {Threei} maags... follow that pdf file instructions step by step
[08:04] {magoo} in all serious vad..i ap[oligize
[08:04] {magoo} but boy i want to get this figured out
[08:04] {magoo} i did
[08:05] {Threei} I did it a bit differently since my mirc already had some configurations, so I had to change them rather than do anew
[08:06] {magoo} i could start anew and ask where i am confused
[08:06] {magoo} but i thik its here..see there isnt even this pop up in instruction.."mIRC FAvorites
[08:07] {magoo} anyone else get that window?
[08:08] {Threei} just kill that wondow
[08:08] {Threei} window
[08:08] {Threei} and start from pouint 3 in instructions
[08:09] {magoo} alright
[08:09] {magoo} ill try again
[08:11] {Threei} FED CHAIRMAN BERNANKE: FISCAL STIMULUS ALONE WILL NOT DRIVE A LASTING ECONOMIC RECOVERY, BUT STIMULUS COULD PROVIDE SIGNIFICANT BOOST TO ECONOMY
[08:11] {Threei} - Other policy measures are needed to stimulate the economic recovery.
[08:11] {Threei} - More government bank captial injections may be needed. Fed could purchase longer-term securities.
[08:11] {Threei} - Asset-backed lending program will boost private lending. Program is scheduled to begin in February, 2009
[08:11] {Threei} - It is not easy to set a target for Fed policy under these conditions, policy issues poses a communications challenge
[08:11] {Threei} communications challenge eh?
[08:12] {Threei} - Fed's policy approach differs from that taken by Japan in 2001-06
[08:12] {Threei} - Must significantly shrink the Fed balance sheet quickly and automatically, shrinking the balance sheet won't be hard.
[08:12] {Threei} - Fed credit facilities do not expose the Fed to very much risk. Will end credit facilities based on analysis of market conditions.
[08:12] {Threei} - Inflation will likely moderate even more, sees little risk from inflation in near term.
[08:12] {Threei} shrinking the balance sheet won't be hard - this I beloieve requires some additional explanations
[08:13] {nemo} yeah, merely a flesh wound
[08:17] {Threei} BALTIC DRY BULK INDEX RISES +2.5%, SIXTH STRAIGHT INCREASE
[08:27] {magoo} man..having troubles
[08:27] {Threei} what's happening?
[08:27] {magoo} im going to uninstall current mIRC
[08:27] {magoo} caught in loop
[08:27] {Threei} that's always a good idea
[08:28] {Threei} mirc copies settings from previously installed copy
[08:28] {magoo} i hate tis techno crap..give me a liquid cooled 2 stroke motor and ill rebuild it in an hour in the rain at the motocross track
[08:28] {magoo} but this stuff...UGGGGG
[08:30] {Threei} NOV TRADE BALANCE: -$40.4 V -$51.0BE
[08:30] {Threei} (CA) CANADA NOV INTL MERCHANDISE TRADE: C$1.3B V C$3.0BE
[08:35] {Onix} Good morning all
[08:35] {Threei} onix :)
[08:36] {larisa} threei, onix good morning :)
[08:36] {Threei} larisa :)
[08:36] {_cujo} morning
[08:36] {Threei} cujo :)
[08:37] {Onix} hi larisa; cujo
[08:38] {_cujo} morning Onix.
[08:45] {Threei} NASDAQ clawed its way back to almost breakeven
[08:47] {KSystems} magoo?
[08:48] {geo} Gm fellow speculators
[08:48] {geo} for those of you who want to highlight in mirc
[08:48] {Onix} hi geo
[08:48] {geo} right click on the username and click info
[08:49] {geo} then click the high light tab
[08:49] {KSystems} Magooooooooooooooooooooooooooooooooooooo
[08:49] {Onix} yes Vad, some early mornig strength somehow
[08:49] {geo} Clicka Add button and add the username
[08:49] {geo} you can choose sound and color them
06[08:50] * nemo slaps nemo around a bit with a large trout
[08:50] {_cujo} Thanks Geo. Appreciate the help.
[08:50] {geo} sure thing
[08:51] {Threei} geo :)
[08:51] {KSystems} good one geo, didnt even know it was there
[08:51] {geo} yeah thats the primary reason i use mirc
[08:51] {geo} have a sound alert oon vad
[08:51] {KSystems} i mean the fact that is was located THERE, so easy to reach
[08:52] {KSystems} i always clicked my fingers bloody before i found it
[08:52] {geo} yeah they moved it from the old one
[08:52] {geo} exactly :)
[08:53] {cosmo} ZGEN
[08:54] {cosmo} ...pulling back
[08:54] {cosmo} 5.20 pre mkt high
03[08:54] * Looking up KSystems user info...
[08:57] {dptl} good morning all
[08:58] {Threei} dp :)
[08:59] {magoo} i got another issue, be back in a half
[09:00] {KSystems} if you still need help with mirc then, dcc me magoo
[09:00] {KSystems} OK good morning everybody :)
[09:00] {Threei} KS :)
[09:02] {KSystems} geo any progress with hydra?
[09:02] {geo} actually i gave up :)
[09:02] {Threei} yeah... geo cut off all her heads
[09:02] {KSystems} oh ok
[09:03] {geo} some things needed to be done by editing xml files....
[09:03] {KSystems} wow
[09:03] {geo} so i switched to mirc
[09:03] {Threei} so far, 4 days on a new server, no single disconnect
[09:03] {geo} sorry had told vad... should have to ld you too
[09:03] {Threei} let's acknowledge great work by KS
[09:03] {fernp} hello everybody
[09:03] {geo} hiya fern
[09:03] {geo} long time
[09:03] {KSystems} hey fern
[09:04] {Threei} although by no means we forfeit the right to slap him with trout and other heavy objects
[09:04] {Onix} hi dp; ks :)
[09:04] {Threei} fern :)
[09:04] {fernp} yes
06[09:04] * KSystems slaps Threei around a bit with a large canon or nikon
[09:04] {fernp} working hard
[09:04] {geo} hey K
[09:04] {Threei} I shoout with Olympus, ks
[09:04] {geo} do your custom slaps work the same way in new mirc?
[09:04] {Threei} yes geo
[09:05] {geo} cool
[09:05] {geo} umm which folder to put em in again?
[09:05] {nemo} ksystems-just don't use a Hasseblad!
[09:05] {cosmo} SP-565
06[09:07] * geo slaps Threei around a bit with a large trout
[09:08] {geo} dissapointed...
[09:08] {Threei} US SEN LEVIN: REQUESTING APPROX $1.0B IN FEDERAL AID FOR DEVELOPMENT OF CAR BATTERIES
[09:08] {Threei} - note: Levin is a Democratic Senator representing Michigan{GM F ABAT HIT JCI HEV ALTI}
[09:08] {wishbone} morning all
[09:08] {Threei} wish :)
[09:08] {KSystems} i dunno geo, you have to replace a file with it
[09:09] {Threei} note the list of stocks related to battery issue
[09:09] {geo} yeah did something wrong
[09:09] {geo} will figure out after mkt hrs
[09:09] {Threei} some potential players in that list at some point
[09:12] {elepet} good morning all.
[09:12] {Threei} elepet :)
[09:13] {_cujo} morning elepet
[09:13] {Onix} hi fer; wish; elepet :D
[09:13] {elepet} is there any way to make this more readable..change color etc
[09:13] {Threei} guys,, things got finalized for the Bahames conference
[09:14] {Threei} go to our homepage, click on a banner to read final agenda, dates, costs etc
[09:14] {Threei} elepet, for familiar look go with mirc
[09:15] {fernp} my router CISCO doesn't allow mirc services
[09:16] {fernp} incredible but true
[09:16] {fernp} there are a lot of forums about this topic, but no solution at the moment
[09:16] {Threei} wow
[09:16] {fernp} old versions are supported
[09:16] {geo} personal router cisco fern?
[09:16] {geo} or linksys
06[09:16] * Threei sends fernp a hammer and linksys router
[09:17] {fernp} CISCO ATLANTA
[09:17] {geo} llinksys is owned by cisco vad :)
[09:17] {Threei} whatever... it doesn't mind mirc :)
[09:17] {Threei} be back in 5
[09:18] {elepet} I tried mirc and it said i wasn't registered.
[09:21] {elepet} and for some reason, i can't keep this window and my broker open at the same time. It was so much easier as a trial member.
[09:22] {Threei} install fresh mirc and configure it according to websiote isntructions... it will work
[09:22] {KSystems} elepet: in order to use mirc, you'll have to follow the pdf doc on the RT website
[09:22] {cosmo} pdf?
[09:24] {KSystems} http://www.realitytrader.com/mIRC%20room%20connection.pdf
[09:24] {Threei} DNDN
[09:24] {Threei} STRENGTH ATTRIBUTED TO RENEWED CHATTER THAT DNDN MAY ANNOUNCE A PARTNERSHIP WITH A BIG PHARMA COMPANY
[09:24] {Threei} - LLY rumored as a potential partner
[09:25] {Threei} NVDA
[09:25] {Threei} CUTS Q4 REV -40-50% SEQUENTIALLY LOWER (IMPLYING $438.8-538M V $805.5ME)
[09:25] {Threei} - Cites further weakness in end-user demand and inventory reductions by NVIDIA''s channel partners in the global PC supply chain.
[09:25] {cosmo} thx KS
[09:25] {ese} Ok......i think i like the option where i won't have to sign in.....can i still set that up vad?
[09:25] {Threei} yes ese
[09:26] {Threei} [09:24] {KSystems} http://www.realitytrader.com/mIRC%20room%20connection.pdf
[09:26] {Threei} [09:24] {Threei} DNDN
[09:28] {dino} gm all
[09:28] {Threei} dino :)
[09:30] {magoo} back
[09:31] {lisa_jay} .
[09:32] {wishbone} vad .....is replay working in this room?
[09:32] {Threei} no
[09:32] {wishbone} does it work with mirc?
[09:32] {Threei} no
[09:32] {Threei} wow
[09:32] {Threei} DRYS
[09:33] {Threei} pullback to about 14.70 is of interest
[09:35] {larisa} PLD dollar bounce off bottom, missed it
[09:37] {Threei} RIMM, watching for pullback entry around 46.40
[09:42] {Threei} Long Setup: PLD 12 break
[09:42] {Threei} if stays above 11.85
[09:42] {Threei} GM
[09:42] {Threei} VICE CHAIRMAN LUTZ: WE JUST CANNOT SELL SMALL CARS RIGHT NOW, PEOPLE ARE BUYING TRUCKS AGAIN
[09:42] {Threei} - Falling oil prices are "messing up" hybrid development plans{F}
[09:43] {Threei} isn';t it what we predicted a week ago
[09:43] {dino} lol
[09:43] {geo} 1:1
[09:43] {Threei} PLD hit over 1:1 quickly
[09:43] {fernp} ty Vad
[09:44] {Threei} welcome
[09:44] {Threei} half out .24
[09:44] {Threei} offering second half .35
[09:44] {magoo} out .25 TY boss
[09:45] {Threei} stop just under 16
[09:46] {geo} all out .35
[09:46] {geo} thats vad
[09:46] {Threei} out in full
[09:46] {wishbone} out pld .21, .34 ty vad
[09:46] {tomg} thanks vad
[09:46] {Threei} good reflexes guy, break was fast
[09:46] {Threei} but gave ample chance for entry as it danced back and forth around 12 after break
[09:47] {Threei} so if you had an order 12.03, it would get hit in any case
[09:47] {KSystems} PLD - out 1/2 .15 - out 1/4 .35 - out rest .27
[09:47] {Threei} RIMM got away
[09:48] {Threei} pullback was a bit shallow
[09:48] {Threei} and I really really didn't want to go for a break on it
[09:48] {magoo} drys too
[09:49] {magoo} Q too
[09:49] {magoo} heck they all went
[09:49] {Threei} DRYS was for personal consumption so to speak
[09:49] {Threei} meaning, if you got a feel for momo on it, it was p;ossible to play, but no way to call it
[09:50] {Threei} time for pullback, market
[09:50] {Threei} relax a little will ya
[09:50] {magoo} vad, qas temp stop gap here, how i get this room screen to stay on top of window..as in when i click reaklmoney this windsow is covered?
[09:50] {magoo} not mIRC here
[09:50] {Threei} jmb suggested workaround last week
[09:51] {Threei} wishbone, do you have url handy?
[09:51] {wishbone} yes one sec
[09:52] {wishbone} http://www.delayedreaction.com/freestuff/index.html
[09:53] {wishbone} download keep on top
[09:53] {Threei} OK, finally some pullbacks
[09:53] {Threei} NVDA
[09:53] {Threei} 7.60 zone for bounce scalp
[09:54] {wishbone} i put in system tray open trading sotware and mibbitt then run always on top and select program
[09:54] {wishbone} have to do every morning
[09:55] {magoo} i miss the old room hhe he
[09:55] {Threei} ELN
[09:55] {Threei} FIRM RUMOURS BEIGN DISCUSSED BY CNBC'S FABER
[09:58] {Threei} ADBE
[09:58] {Threei} short candidate
[09:58] {Threei} want bounce into .80 or so
[09:59] {Threei} if can't break .70 anymore, half lot short .63
[10:00] {magoo} u feeling lucky vad?
[10:00] {Threei} hmm?
[10:00] {geo} he has trout
[10:00] {Threei} OK, bounce it is
[10:01] {magoo} cant trout in the non mIRC correct?
[10:01] {magoo} how about dcc?
[10:01] {geo} missed
[10:01] {Threei} stop above .90 ADBE
[10:02] {dptl} nvda?
[10:02] {Threei} actually, want NVDA a bit lower
[10:02] {magoo} PLD pulls back
[10:02] {Threei} doesn't feel safe unless goes closer to .40
[10:03] {Threei} cover half ADBE
[10:03] {Threei} scalpers take profit
[10:04] {hawkfan4} nice vad, thx
[10:04] {Threei} :)
[10:04] {_cujo} out NVDA thanx Vad
[10:04] {geo} sniff
[10:04] {Threei} whatcha got hawk? .77 here
[10:04] {Threei} cujo :)
[10:05] {Threei} ADBE balance stop to above .70
[10:05] {hawkfan4} beat me, .69 to .20
[10:05] {geo} ??
[10:05] {Threei} ugh, missed PLD nice pullback
[10:05] {hawkfan4} adbe geo, in .69, out .20
[10:06] {geo} it went that low....
[10:06] {geo} hmmm
[10:06] {geo} gotta reset charts
[10:06] {Threei} +.20?
[10:06] {hawkfan4} lol, i was trading amzn, sry :)
[10:06] {geo} wow you bottom ticked it
[10:06] {Threei} lol
[10:06] {geo} oh ok
[10:06] {geo} lol
[10:07] {KSystems} omg
[10:07] {Threei} you guys...
[10:08] {Threei} risky one:
[10:08] {Threei} Long Setup: EGLE 7.20 break
[10:08] {Threei} volatile, can shake hard
[10:09] {KSystems} stop where?
[10:09] {Threei} if dives sharply into 7, grab it for immediate snapback
[10:09] {Threei} under 7 KS, but easy to get shaken
[10:09] {KSystems} yea
[10:09] {KSystems} ty
[10:10] {KSystems} in .23
[10:10] {_cujo} .22
[10:11] {dptl} did you get nvda?
[10:11] {Threei} no
[10:11] {geo} target vad?
[10:12] {Threei} just play it by the book
[10:12] {_cujo} out .26
[10:12] {geo} wow cujo
[10:13] {Threei} DRYS is kind of leading indicator for EGLE
[10:14] {fernp} EXPE long if break 8.95, Vad?
[10:14] {Threei} a bit narrow
[10:15] {Threei} but if market regains strength, likely to follow
[10:15] {fernp} ok
[10:16] {Threei} half out EGLE guys
[10:16] {Threei} a little bit under 1:1 but DRYS is pulling back
[10:16] {Threei} want to protect profit on too volatile stock
[10:17] {Threei} and decrease risk
[10:17] {Threei} stop to .15
[10:17] {dino} apol
[10:17] {wishbone} egle .10 ty vad
[10:18] {Threei} ADBE stop for balance to just above .60
[10:19] {Threei} should have covered near .40... missed it
[10:20] {Threei} out ADBE in full
[10:20] {Threei} .40, +.37
[10:20] {magoo} where u like DRYS vad?
[10:20] {Onix} wtg :D
[10:21] {Threei} not sure mags
[10:21] {magoo} it left some scars from yesterday..understood
[10:21] {Threei} market pulls back, ad DRYS tends to do exaggerated moves
[10:22] {Threei} so, I'd say bounce off 15
[10:22] {Threei} but at the moment it seems ridiculously far from here
[10:22] {Threei} so I better not say anything for now :)
[10:23] {_cujo} PLD Vad?
[10:23] {_cujo} would you short here?
[10:23] {Threei} PLD 11.50 zone for watch
[10:24] {magoo} market needs to decide here..up or down
[10:24] {_cujo} thanks
[10:24] {Threei} short is kind of 50/50
[10:24] {geo} out elge
[10:24] {geo} EGLE
[10:25] {Threei} covered ADBE a bit too soon
[10:26] {magoo} man..15 not out of questuon now
[10:26] {Threei} here comes hard drop DRYS
[10:27] {Threei} yeah, 15 doesn't look that ridiculous anymore, does it? :)
[10:27] {Threei} don't jump oln these little bounces
[10:27] {Threei} not worth the risk
[10:28] {magoo} i think EGLE leads
[10:29] {Threei} SENATE MAJORITY LEADER REID: SENATE MUST VOTE ON TARP BY SUNDAY
[10:34] {Threei} sharp drop is coming on DRYS it feels
[10:35] {Threei} how about that for sharp drop
[10:35] {KSystems} and here comes 15
[10:37] {Threei} and most likely under
[10:38] {Threei} the way DRYS usually does it is, it comes into obvious support, makes a little bounce, not very profitable but tempting,
[10:38] {Threei} than dives sharply under support, shaking out premature buyers... and jumps right back up
[10:41] {Threei} what's with FRPT?
[10:41] {Threei} 52 week high
[10:42] {geo} hey vad
[10:42] {geo} laserdave slacking?
[10:42] {Threei} astute observation:
[10:42] {Threei} IMF'S STRAUSS KAHN: EXPECTING 'SHARP' FALL IN FORECASTS IN GLOBAL GROWTH
[10:43] {Threei} what am I, lasredave's keeper
[10:44] {geo} AND WHY NOT?
[10:44] {geo} oops
06[10:44] * Threei slowly unholsters the trout
06[10:45] * geo pulls sushi knives out
[10:45] {wishbone} mmmmm....sushi
[10:45] {fernp} LMDIA breakout?
[10:46] {Threei} only if stays above .50, and half lot
[10:47] {fernp} ty
[10:51] {ese} missed it but perfect ascending triangle 1min chart ILMN.......picture perfect...
[10:51] {fernp} PDLI on highs
[10:52] {dino} algt sm l .00
[10:53] {fernp} out LMDIA +.10
[10:53] {Threei} :)
[10:53] {dino} decl sm l trig .00
[10:55] {dino} deck i mean
[10:57] {magoo} dino lol
[10:57] {magoo} i was wondering
[10:57] {Threei} Long Setup: RIMM .75 if stays above .60
[10:58] {magoo} in
[10:58] {KSystems} in
[10:58] {fernp} in
[11:00] {magoo} need naz bounce
[11:01] {dptl} in.75
[11:01] {Threei} no worky
[11:01] {KSystems} stopped
[11:01] {fernp} stopped
[11:01] {_cujo} ditto
[11:01] {dptl} stopped
[11:02] {geo} out
[11:02] {magoo} out
[11:02] {lisa_jay} ESE can i dcc you please...thanks.
[11:05] {fernp} out PDLI +.10
[11:05] {Threei} nice steady scalping fern
[11:06] {fernp} you taught me
[11:06] {magoo} what size femp
[11:06] {magoo} 1k
[11:06] {fernp} no, 300
[11:07] {magoo} ok..ty
[11:07] {magoo} egle lead drys that time
[11:09] {ese} early day...see you all tomorrow
[11:09] {Threei} take care ese
[11:09] {magoo} bye ES
[11:09] {fernp} bye ese
[11:11] {Threei} NY JUDGE REPORTEDLY DISMISSES AMAZON SUIT OVER NY STATE INTERNET TAX COLLECTION
[11:12] {dino} algt stopped
[11:20] {Threei} waiting out uncertain period
[11:20] {Threei} morning worked nicely, even with all the restrains I put on my calls in order to minimize the risk,
[11:21] {Threei} right now we are in period of stops accumulation if continue pushing
[11:22] {geo} flat here...
[11:22] {dptl} masi?
[11:22] {Threei} Chaeron!
[11:22] {geo} mised the adbe which was a killer
[11:22] {Threei} you found us
[11:22] {geo} hiya chaeron
[11:22] {KSystems} same here geo
[11:22] {Threei} ADBE was fairly easy trade...
[11:22] {Chaeron} hey all... sorry about yestereday. Been so swamped
[11:22] {magoo} cjia broil:)
[11:23] {Threei} bounced right into resistance, stalled...
[11:23] {Threei} yeah right... you just couldn't figure out where we went
[11:24] {magoo} i miss old room
[11:24] {Chaeron} yeah well, you tried hiding but Larisa pointed which way you went
[11:24] {Threei} I can see you standing in the middle of empty room, looking around
[11:24] {Chaeron} ditto magoo
[11:24] {magoo} i cant dcc..cant slap
[11:24] {Chaeron} well, it was very peaceful there Vad....
[11:24] {magoo} cant get mIRC up
[11:24] {Threei} mags... as soon as you install mirc, this one will be just the same
[11:24] {geo} its magoos nightmare
[11:24] {magoo} wasted half hour
[11:25] {Threei} we have girls here so I'll refrain from comments... but trust me, it's not easy
[11:26] {magoo} chaerons a girl?
[11:26] {Threei} mags, really... we have quiet time in the market, ask Geo or Raven or KS for help
[11:26] {Threei} it's easy
[11:26] {Raven} lol
[11:26] {Raven} RTFM magoo
[11:26] {Threei} sorry R... I just had to involve you :)
[11:27] {magoo} ravens still mad about that crow remark
[11:27] {magoo} lol
[11:27] {Raven} sigh
[11:27] {Raven} R
[11:27] {Raven} T
[11:27] {Raven} F
[11:27] {Raven} M
[11:27] {Threei} (US) SENATOR VITTER (R) FILES TO PREVENT RELEASE OF SECOND $350B TRANCHE OF TARP FUNDING
[11:27] {magoo} what the hex that mean?
[11:27] {Raven} Read the Fuc**** Manual
[11:28] {Threei} read the fabulous manual
[11:28] {magoo} reality trader for men?
[11:28] {dptl} half out masi +.10
[11:28] {Raven} (instructions)
06[11:28] * Raven slaps magoo around a bit with a large trout
[11:28] {Threei} why not dp... :)
06[11:28] * Raven slaps Threei around a bit with a large trout
[11:28] {Threei} what did I do?
[11:29] {Raven} exposed me to Magoo?
[11:29] {Threei} ah
[11:29] {Threei} it was worth it...
[11:29] {Raven} lolk
[11:29] {Raven} oops
06[11:29] * Raven slaps Chaeron around a bit with a large trout
[11:29] {Raven} that's for being swamped
[11:29] {magoo} GS green..i maerket tell imo
[11:30] {magoo} raven bold whilest magioo cant retaliate lol
[11:30] {Raven} rofl
[11:30] {magoo} im slapping dino literally to relieve thisangst
[11:30] {Raven} magoo can't even spell magoo ... sigh
[11:31] {magoo} ROFLOL bird
[11:31] {Raven} poor dino
[11:31] {Threei} lol
[11:31] {magoo} vad, i cant even paste here
[11:31] {magoo} and it was budsiness
[11:31] {dino} ouch
[11:31] {dino} ge smackdown
[11:32] {Threei} it had news earlier
[11:32] {Threei} 11:11am [GE] Hearing weakness being attributed to estimates cut at Barclays (timing uncertain)
[11:42] {Threei} market start s getting a feel of rally preparation
[11:43] {magoo} big move RIMM
[11:45] {Threei} (US) SENATOR DURBIN (D): GETTING SENTATE APPROVAL OF THE SECOND $350B TRANCHE OF TARP FUNDING WILL BE CHALLENGING
[11:45] {dino} like it won't happen, just posturing
[11:47] {Threei} killing market meanwhile
[11:48] {Threei} just when it consolidated for a break
[11:54] {Threei} watch DRYS here
[11:55] {Threei} if not losing .50 and market jumps back up, should be good for a scalp
[11:57] {Threei} Chaeron... your FRPT is real hero today
[11:59] {dptl} in drys .54
[11:59] {Threei} .60 break should provide spike for exit
[11:59] {Threei} or half
[11:59] {Threei} your choice
06[12:02] * Threei kicks market in the rear
[12:03] {geo} DRYS series of lower highs vad?
[12:03] {Threei} if market resumes upward, DRYSS will reverse this pattern
[12:04] {Threei} need NQ to break 1210
[12:05] {Chaeron} .
[12:05] {geo} stop .4?
[12:06] {Threei} depends on your objectives
[12:06] {Threei} under .45 for a scalp trade
[12:06] {Threei} under .40 otherwise
[12:06] {dptl} out drys -.06
[12:06] {dptl} damn it......
[12:07] {Threei} wow... such strong emotions for 6 cents stop?
[12:07] {dptl} lol.....
[12:07] {larisa} you kicking market all the time with no emotions vad ? :)
[12:07] {Threei} no, I just enjoy kicking
[12:08] {dptl} it's just funny i missed all morning plays and have to pick two loosers rimm and drys
[12:08] {nemo} enjoyent is an emotion
[12:08] {geo} same here dp
[12:08] {geo} net neg now
[12:10] {dino} once again, i haven't done much today
[12:10] {hawkfan4} smart dino, this is one tricky mess of a market
[12:11] {dino} too tight of range
[12:13] {magoo} frustrating mkt..u gota hit the first 15 mins and last
[12:15] {geo} BNI
[12:15] {dino} frustration incorporated
[12:18] {Threei} we are approaching another uncertan period with all the fighting about stimulus package and TARP after inauguration
[12:18] {Threei} not unlike we had in Sept-Oct
[12:19] {dino} and ironically, it will be tossed around for week or so and ultimately approved, but...damage everything in the way in the process
[12:19] {Threei} true
[12:19] {Threei} just like back then
[12:20] {nemo} that will probably move trading to the long short etfs
[12:20] {Threei} this relentless selling pressure yestyerday was total remiscenses of those days
[12:21] {Threei} wehandled it well back then by being careful and picky... will do the same this time around
[12:21] {Threei} then bull wave will come
[12:21] {Onix} hope springs eternal :)
[12:22] {Threei} wanna bet?
[12:22] {dino} imo, range bound for many more months 8300-9000
[12:22] {dino} time will tell
[12:22] {larisa} i say we will have rally starting late today into inauguration day. hen another rally for stimulus and another rally for obama's new puppy. ( lets try to be positive !)
[12:23] {Threei} hmmm
[12:23] {Threei} pappy rally
[12:23] {Threei} puppy
[12:23] {Threei} sounds good to me
[12:23] {Onix} a totally new one
[12:23] {magoo} prob is vad..seasonality..mkt will blow until june..then summer blows..only bull will be 12 days in december
[12:23] {Threei} lol
[12:23] {i2romantis} lol
[12:23] {dino} lol larisa
[12:25] {dino} rally coming soon magoo, cramer whining nothing works
[12:26] {magoo} true dat dino..he been good contra
[12:26] {dino} he had everybody buying at 9k again, and now selling at 8400
[12:26] {dino} been doing this since he bragged about the july lows being the ultimate lows
[12:27] {magoo} im surprised hes not wearing a bullet proof vest on the show
[12:27] {hawkfan4} lol, no kidding
[12:28] {Threei} lol
[12:28] {dino} it's a hologram
[12:28] {Threei} AMZN
[12:28] {Threei} MOODY'S PLACES RATINGS ON REVIEW FOR POSSIBLE UPGRADE
[12:28] {Threei} - The review for possible upgrade is prompted by Amazon's announcement that it had achieved its best holiday sales performance ever.
[12:29] {Threei} Amazon's ability to achieve sizable sales growth with a reasonable level of profitability during a very challenging retail climate is strong evidence of the stability and success of Amazon''s business model.
[12:31] {Threei} don't trade it, let's just see whether my feel for the market is right... feels to me like sharp spike is coming
[12:34] {Threei} meanwhile, I feel deeply confused... e-mail from a russian girl looking for a man, name in address is evangelina... e-mails starts with:
[12:34] {Threei} Hello. My name is Olga
[12:34] {Threei} and ends with:
[12:34] {Threei} Tired from loneliness Evgenija
[12:34] {Threei} ummm
[12:35] {Threei} which of three is it??
[12:36] {nemo} all three?
[12:36] {geo} GS and JPM breaking
[12:36] {hawkfan4} I'm guessing Olga is the real name
[12:36] {dino} bi-polar gal
[12:36] {KSystems} her sisters are coming as well, vad
[12:36] {geo} lol
[12:36] {Threei} ah
[12:36] {geo} K has it
[12:37] {wishbone} ya and her photos are real too
[12:37] {dino} twins perhaps
[12:37] {Threei} you europeans know your neighbours :)
[12:37] {geo} ahhhh bck in back nicely
[12:37] {dino} deck finally moves
[12:37] {geo} i like my bank JPM
[12:38] {geo} back in black
[12:38] {Threei} what did you do geo?
[12:38] {geo} bought pullback in JPM watching GS
[12:38] {geo} the scans uses option vol as filter
[12:39] {Threei} look at GS volume
[12:39] {geo} ?
[12:39] {Threei} half day, volume is equal yesterday's already
[12:40] {geo} yup
[12:40] {geo} i am trying to reduce breaking candidates by option vol
[12:40] {geo} just experimenting
[12:40] {geo} apol gap filling
[12:41] {geo} was there news?
[12:41] {geo} not in it
[12:42] {Threei} lol... spike was dismall and not very very sharp
[12:42] {geo} no mojo
[12:42] {hawkfan4} 13-Jan-09 10:11 ET In Play Apollo Group drops over 2.50 in past few minutes; weakness attributed to Citron Research report saying growth is more of a one-time bump than a sustainable trend and discussing lawsuit disclosure (84.02 -2.50) -Update :
[12:42] {i2romantis} c'mon vad, we rely on you, our oracle!
[12:42] {dino} -6
[12:43] {dino} was up 10 fri i think
[12:43] {Threei} after strong morning we are back to yesterday's pattern of seling pressure
[12:43] {geo} yes yes
[12:44] {geo} I hav some puts that ned to go in money
[12:44] {Threei} waiting it out, don't want to accumulate unnecessary stops
[12:44] {i2romantis} looks like a bull flag on DRYS, wavy, slow winds, some precipitation
[12:45] {dino} record low temps, and snow here
[12:45] {Threei} yes i2r, it's just it's unlikely to do much without market help
[12:46] {patience} mild again here dino, songbirds are back
[12:48] {dino} apol gap around 77.40
[12:48] {dino} nice patience
[12:49] {patience} i don't do winter well dino, although snow motivates me to trade :)
[12:52] {Threei} YHOO
[12:52] {Threei} WSJ: CAROL BARTZ TO BE NAMED CEO -
[12:53] {Threei} YHOO likes him
[12:53] {KSystems} him?
[12:53] {larisa} lol
[12:53] {Threei} her?
[12:53] {geo} my god
[12:55] {Threei} scalpable on pullbacks
[12:55] {Threei} - Carol Bartz is current ADSK Chairman and former CEO of ADSK
[12:55] {Threei} - Note: This appointment has been speculated by a variety of sources including the WSJ over the last week{
[12:56] {Threei} wow
[12:56] {Threei} no more pullbacks?
[12:56] {Threei} one to .30 I grabbed
[12:56] {Threei} sold .46
[12:57] {Threei} back in
[12:57] {Threei} .44
[12:58] {geo} confused
[12:58] {KSystems} wheres your stop here?
[12:58] {Threei} scalping stop, under .40
[12:58] {Threei} not giving it much breathing room
[12:59] {Threei} market is too weak
[12:59] {Threei} out
[12:59] {KSystems} stopped
[13:00] {geo} in .39
[13:01] {geo} out not sure... .44
[13:01] {Threei} yeah, shortlived news effect
[13:01] {Threei} fizzles out wquickly
[13:03] {Threei} all the way back
[13:05] {Threei} I guess company fundamentals changed over last 15 minutes greatly to the upside and then to downside
[13:06] {larisa} DRYS wants 15 ?
[13:06] {i2romantis} looks good so far :)
[13:06] {Threei} almost there
[13:08] {Threei} PLD is holding fairly well
[13:16] {Threei} not aymore
[13:20] {Threei} ADBE is not selling with market, consolidates under .20
[13:20] {Threei} if stays here, becomes a long candidate on .20 break if market shows strength
[13:20] {Threei} which is a biiiig if
[13:22] {Threei} with loss of .10, not terribly interested anymore
[13:23] {Threei} selling accelerates
[13:23] {KSystems} this day is "zh" again
[13:23] {Threei} DRYS 15
[13:29] {i2romantis} PALM looks interesting, i think
[13:30] {Threei} pretty much market dependent i2r
[13:31] {Threei} it has lost its own mojo as it usually happens with news-impacted stocks
[13:31] {Threei} they become market followers when news effect wears off
[13:31] {KSystems} welcome, lexo
[13:31] {Threei} look at its chart today
[13:31] {Threei} pretty uch market miror
[13:31] {Threei} hi lexonet, welcome
[13:32] {_lexonet05} hi there
[13:34] {Threei} big offer at 15 DRYS
[13:34] {Threei} break is scalp trigger
[13:34] {Threei} if holding above .90
[13:35] {Threei} chewing
[13:35] {magoo} in
[13:36] {Threei} keep stop under .90 if for scalp, under .85 if want to try for more
[13:36] {Threei} we formed double bottom
[13:37] {Threei} just confirmed by break of the top between lows
[13:37] {Threei} BBs shaped up right too
[13:37] {Threei} main concewrn is general market mood that hasn't seen any silver lining in hours
[13:38] {Threei} since first 30 minutes after opening actually
[13:39] {Threei} hit 1:1 for a jiffy... really hard to tell whether it has a chance for bigger recovery
[13:40] {Threei} chomping through that offer, you'd think it must have more enthusiasm than this eh?
[13:40] {peterg} software issue: has anyone been able to enable MIRC? I think the instructions on the RT website do not compute.
06[13:41] * geo is insulted
[13:41] {peterg} could be a start
[13:41] {geo} where was that monastryd? again va
[13:41] {Threei} most are on mirc here peter
[13:41] {geo} shesh
[13:41] {peterg} ahso
[13:42] {geo} where was that monastry again vad?
[13:42] {Threei} wow... something just tripped market
[13:43] {peterg} I go to mirc; connect brings up different looking page, with nickname greyed out.
[13:44] {peterg} pluss at top of page reads IRC servers; Connect to IRC server
[13:45] {peterg} File / connect/
[13:45] {KSystems} stopped
[13:45] {Threei} no staying power whatsoever
[13:46] {Threei} see PALM, i2r?
[13:47] {peterg} hmmmm
[13:48] {Threei} PREVIEW: DEC MONTHLY BUDGET STATEMENT DUE OUT AT 2PMET
[13:48] {Threei} **consensus expectations: -$83.0Be
[13:48] {Threei} I guess market doesn't expect it to be record high eh
[13:53] {i2romantis} yeah, PALM is funky, gaven in to the market
[13:54] {i2romantis} given*
[13:56] {Threei} brutal smakdowns one after another
[13:57] {dino} 8364, 857, 1158 support 12/29
[13:57] {Threei} IMF OFFICIAL: CURRENT CRISIS MAKES THE NEED FOR CHINESE FX REFORM MORE URGENT
[13:57] {Threei} China: you guys think you have right to teach anyone how to run economy?
[13:58] {Threei} IMF... yeah... sorry
[14:00] {Threei} DEC MONTHLY BUDGET STATEMENT: -$83.6B V -$83.0BE
[14:00] {Threei} under the circumstances, sounds like the best we could hope for
[14:03] {Threei} one of these bounce attempts finally is going to chew through the attempt to smack it down again, and to start menaningfyl bounce
[14:04] {geo} CVS
[14:05] {geo} wow fast
[14:08] {Threei} dontrend is broken on intraday
[14:10] {Threei} to try this pullback: RIMM .70 break, half lot
[14:11] {Threei} with stop under .60
[14:12] {Threei} 1:1
[14:12] {jmb} thanks vad
[14:12] {Threei} :)
[14:12] {magoo} u timed rimm great vad
[14:12] {Threei} missed DRYS quick trip to 15
[14:12] {magoo} i caught drys
[14:13] {magoo} missed rimm
[14:13] {KSystems} out RIMM .89
[14:13] {Threei} OK, considering your hatred for DRYS and love RIMM{ this is highly ironic
[14:13] {Threei} DRYS explosion
[14:13] {magoo} i hate rimm today..i fickle
[14:14] {geo} all out .88
[14:14] {Threei} gosh... your passions are so fleeting
[14:14] {_jamie} iwent long drys back around 15
[14:14] {geo} thanks vad
[14:14] {Threei} good entry jamie
[14:14] {Threei} control your reisk if you haven;'t sold yet
[14:14] {Threei} protect profits by partials
[14:14] {_jamie} ok
[14:15] {Threei} who prefers to partial RIMM and try to ride it, stop to under b/e and try to offer around 46.20
[14:16] {Threei} serious bidder at .88
[14:17] {Threei} real too
[14:18] {Threei} DRYS nice pullback
[14:19] {_jamie} im still 1/2 in it seems kinda bullish
[14:20] {Threei} as always with this one... it's in market's hands
[14:21] {Threei} and market lost will to live again
[14:21] {_jamie} ok out
[14:25] {_jamie} so Vad, a good trade these days last how long? a minute and half?
[14:25] {Threei} lol
[14:25] {Threei} I measure them in cents rather than in minutes
[14:26] {_jamie} right on
[14:26] {_jamie} that was a nasty little selloff
[14:26] {Threei} I mean, trying to remember last time when saleperson suggested that I pay in time units instead of dollars, I have hard time recalling any
[14:26] {_jamie} haha
[14:26] {Threei} so what do I care how long it takes :)
[14:27] {Threei} {Market, melancholically} what's life? what's happiness? are there any?...
[14:27] {_jamie} sure there are
[14:28] {Threei} tell that to market
[14:28] {Threei} 'cause it certainly doesn't think so
[14:28] {_jamie} market is just people, no?
[14:28] {Threei} market is this big fire-breathing dragon we are out to slay
[14:28] {Threei} and right now it has bellyache
[14:29] {_jamie} lemme strap on my suit or armor
[14:29] {_jamie} market is a pissed off dragon
[14:29] {Threei} you better, because when it has heartburn...
[14:29] {geo} how low can BNI go?
[14:30] {Threei} not much... just 65 bucks more
[14:31] {Threei} so, if today is repetition of yesterday to any degree, DRYS should sell down a buck more, than rally back here into close
06[14:32] * Threei bids DRYS 14.01
[14:33] {Threei} WSJ: SENATORS RAISING QUESTIONS ABOUT TIMOTHY GEITHNER NOMINATION; AT ISSUE IS IMMIGRATION STATUS OF A HOUSEKEEPER
[14:33] {Threei} - also at issue is a report Geithner failed to pay social security taxes for a number of years
[14:33] {Threei} - Geithner's nomination hearing is scheduled for later this week.
[14:33] {magoo} is there a Q long trigger vad???
[14:33] {Threei} not really
[14:33] {Threei} chaotic up and down
[14:34] {Threei} (US) SENATE MINORITY LEADER MCCONNELL (R): REPUBLICANS ARE NOT SATISFIED WITH SUMMERS LETTER ON TARP PROGRAM, WANT TO HEAR MORE ABOUT TARP RENEWAL PLANS
[14:34] {Threei} with all this mess, it's a miracle market stages any upticks whatsoever
[14:35] {Threei} secretary of treasury not paying taxes?
[14:38] {geo} wow they had no probs when he served republicans
[14:38] {geo} my house keeper in an independent contractor
[14:38] {Threei} US) SENATE MAJORITY LEADER REID: BELIEVES THERE ARE ENOUGH VOTES TO PASS THE SECOND TRANCHE OF TARP FUNDING
[14:38] {Threei} there you go
[14:38] {geo} and drives a better car than me
[14:38] {Threei} total repetition of first TARP passage days
[14:38] {geo} sheesh
[14:39] {Threei} every 10 minutes new turns of events, or rumor, or speculation,
[14:39] {Threei} and market jumping up and down on each and every of them
[14:39] {patience} when have politicians ever had difficulty spending taxpayer's money
[14:40] {Threei} anyone held RIMM?
[14:40] {Threei} feel free to dump it around here
[14:40] {magoo} out .32 DRYS + .32
[14:41] {_jamie} there's a rally breaking out
[14:41] {Threei} if you observer market and DRYS together, you can see interesting pattern of delay
[14:42] {Threei} market spikes sharply, DRYS repeats it with delay enough for entry
[14:42] {Threei} scalpable pattern
[14:42] {Threei} 14:41 markmet spike
[14:42] {Threei} DRYS sat under .30
[14:42] {Threei} next minute or two spiked to above .40
[14:43] {Threei} usually impossible to call in tyime, see if ytou can get a feel for those on your own,
[14:43] {Threei} major rule is:
[14:44] {Threei} do not react on each market tick,
[14:44] {Threei} what you want is sharp spike of a decent size
[14:44] {Threei} that 11:41 candle is what you are looking for
[14:45] {nemo} which index vad?
[14:46] {Threei} anything tracking NASDAQ
[14:46] {Threei} NQ, QQQQ, NDX
[14:46] {Threei} 10 cents on exactly this kind of delay just now
[14:46] {Threei} .33 - .43
[14:46] {Threei} this is pure scalping footwork
[14:47] {Threei} if you do not scalp, have slower broker.... stay away from this kind
[14:48] {Threei} C
[14:48] {Threei} SET TO ANNOUNCE A MAJOR REORGANIZATION - WSJ CITES SOURCES
[14:48] {Threei} - Note: Earlier today CNBC's Gasparino commented on Citigroup's potential plans to rid themselves of the 'supermarket' model, and focus itself
[14:53] {magoo} read on DRYS vad??
[14:53] {larisa} market does not care if Geithner will lose nomination ? it ran up like crazy when he was nominated
[14:54] {Threei} there is no read on it per se mags
[14:56] {magoo} gonna depend on mkt
[14:56] {Threei} yeah, and market changes on a dime today
[14:57] {Threei} market spike
[14:57] {Threei} and drop
[14:57] {Threei} all within one minute
[14:57] {Threei} now tell me what the read is {G}
[14:58] {magoo} cant remember any opther way boss
[14:58] {Threei} on and one more spike
[14:58] {Threei} same minute
[15:04] {nemo} Have to go. Probably going to miss the excitement.
[15:04] {Threei} US) SENATOR HATCH (R): NOTES HE HAS "NO PROBLEM" WITH GEITHNER NOMINATION AS TREASURY SECRETARY
[15:05] {Threei} take care nemo
[15:05] {Threei} hewre comes the excitement
[15:07] {magoo} pick something
[15:07] {magoo} but be correct
[15:07] {Threei} hmm?
[15:07] {larisa} it's a trap vad
[15:08] {Threei} I don't even know what I am supposed to pick
[15:08] {Threei} market direction?
[15:08] {Threei} shoelaces?
[15:08] {dino} down
[15:09] {dino} feels like yesterday's action, dji
[15:09] {Threei} very much
[15:10] {dino} charts similar
[15:12] {dino} if i had to bet, tomorrow 100+ pts up djo, 20+ndx, 20+ s&p
[15:12] {Threei} the only difference is, DRYS never dropped to 14
[15:12] {Threei} too bad
[15:13] {Threei} my 14.01 bid is not getting filled
[15:13] {Threei} I think it's a borker's fault
[15:13] {dino} because oil and baltic up, maybe
06[15:13] * Threei slaps laserdave around a bit with a large and angry question why no fill on a bid a dollar beow the market
[15:16] {peterg} ok prev problem was with older version of mirc. Now the new one has connected me with a group discvussion about Norway.
[15:16] {Threei} cool
[15:17] {Threei} new body of knowledge
[15:17] {peterg} I am going to use this pplatform for now. exhaustion factor
[15:17] {Threei} instruction starts with line:
[15:18] {Threei} download fresh copy of mirc
[15:18] {peterg} did so, but it did not overwrite old one
[15:18] {peterg} thought it did
[15:18] {peterg} it seemed to imply it did
[15:18] {peterg} owell
[15:18] {geo} comon peterg
[15:18] {geo} old one installs in c:\RTC
[15:18] {dino} bbep
[15:18] {geo} new one in program files/mirc
[15:19] {geo} you clicking the old shortcut?
[15:19] {peterg} no more buddy
06[15:19] * geo switched to iphone from blackberry and has been freed
[15:19] {dino} i'm w/you peter, couldn't get it
[15:19] {geo} no comparison
[15:21] {geo} umm vad.. anyway we can make instructions simpler/shorter?
[15:21] {Threei} asking me?
[15:21] {geo} didnt you do some shortcuts?
[15:21] {Threei} write simpler instructions, I'll put them up there :)
[15:21] {dino} wynn nice double bottom, daily
[15:21] {geo} lol
[15:24] {Threei} SAY
[15:24] {Threei} TICKING HIGHER, HEARING CHATTER CIRCULATING ON POTENTIAL GOVT BAILOUT
[15:24] {Threei} wow
[15:24] {Threei} bailout for fraud??
[15:25] {Threei} lol, look at this
[15:25] {Threei} SENATOR CORKER (R- TENN): CHRYSLER HAS TO MERGE WITH SOME OTHER COMPANY, OR 'GO AWAY'
[15:25] {Threei} - Concerned that GM may not meet its restructuring targets due to its 'unsustainably high' debt load
[15:25] {Threei} - Note: Sen Corker was among those in in November who advocated a GM/Chrysler forced merger
[15:25] {Threei} - Note on 1/12: GM COO remarked that GM has "too much work on its plate" to consider a merger with Chrysler. {GM F}
[15:26] {larisa} if we rally into the close as I promised, vad will have to stp kicking spitting and cursing.
[15:26] {larisa} stp=stop
[15:26] {i2romantis} i agree
[15:26] {Threei} why??
[15:26] {larisa} my conditions, or no rally
[15:28] {Threei} next thing I know I am forbidden to throw stones in neighbor windows??
[15:28] {Threei} come on, there should be room for fun in life
[15:28] {Threei} and my personal definition of fun includes all three you are trying to take away from me
[15:29] {i2romantis} any message on greed? when enough's enough?
[15:29] {i2romantis} contemplating to do a trade, but don't want to overtrade :)
[15:29] {dino} greed, for lack of a better word, is good
[15:29] {Threei} G. Gekko
[15:29] {i2romantis} ic
[15:30] {Threei} C
[15:30] {Threei} BOARD APPROVES BROKERAGE JV WITH MS
[15:30] {dino} peter getting kicked around a bit
[15:31] {Threei} wow
[15:31] {Threei} now what?
[15:32] {Threei} SQNM
[15:32] {Threei} big spike with volume
[15:32] {Threei} CNBC hype?
[15:33] {larisa} second time today
[15:33] {Threei} yeah
[15:33] {Threei} TICKS HIGHER ON POSITIVE MENTION BY A FUND MANAGER APPEARING ON CNBC
[15:34] {dino} because fund managers have been so right for so long
[15:35] {dino} 3:35-40 bounce
[15:35] {magoo} or crash
[15:35] {magoo} worx both ways
[15:36] {Threei} anyone got this scalp on DRYS on a trick I described earler?
[15:36] {Threei} .34 was big offer holding it down when market spiked
[15:37] {magoo} me vad
[15:37] {Threei} easily available
[15:37] {Threei} cool beans mags
[15:37] {Threei} it's just a scalp trick, don't oversit
[15:37] {magoo} out boss
[15:41] {Threei} FED'S KOHN: FED IS TAKING A HARD LOOK AT THE MUNI MARKET TO SEE WHETHER FED FUNDS COULD HELP
[15:42] {dino} why don't they just form a fed insurance company and provide insureance for premiums
[15:48] {dptl} have a good evening all
[15:48] {Threei} take care dp
[15:50] {Threei} I may have gotten the best of both worlds
[15:50] {Threei} I never gave up kicking and cursing
[15:50] {dino} well we got the 3:40 rally
[15:50] {Threei} yet got rally
[15:50] {i2romantis} partial exits are awesome!
[15:50] {dino} 80+ points, yesterday had one too 3:45ish
[15:50] {i2romantis} of course on the upstream
[15:55] {Threei} how about one more parting spike, market?
[15:55] {i2romantis} was married to PALM today, and it worked out well
[15:55] {Threei} no comments by anyone please
[15:59] {larisa} bye all :)
[15:59] {i2romantis} bye larisa
[15:59] {Threei} ok guys
[15:59] {wishbone} good nite all
[15:59] {Threei} as nice as morning was, the rest of the day was tiring
[16:00] {Threei} tomorrow should be better
[16:00] {Threei} or not
[16:00] {Threei} thank you all
[16:00] {Threei} have a good evening
[16:00] {_cujo} have a good one
[16:00] {Threei} see you tomorrow
[16:00] {KSystems} you too
[16:00] {i2romantis} see you 3i
[16:00] {KSystems} and thank you!
[16:00] {magoo} ty vad
[16:01] {geo} ended the day in green .... am gratefull in this wierd market
[16:02] {geo} thanks
[16:02] * Threei slaps geo around a bit with a large reminder to stop with pesimism, and things will work out much better
[16:02] {geo} lol
[16:02] {Threei} question
[16:02] {geo} sorry
[16:02] {geo} ?
[16:02] {Threei} have you ever in your life
[16:03] {geo} didnt know being gratefull was pessimism
[16:03] {Threei} seen a person who said "it's too hard, I can't do it, I am useless" etc, along these lines
[16:03] {Threei} AND succeeded?
[16:04] * geo mutters he was happy to be green and now has to ponder meaning of life
[16:04] {Threei} lol
[16:04] {Threei} no, I am mostly addressing earlier remarks
[16:04] {geo} from me?
[16:05] {dino} if you think you can, or can't, you are right
[16:05] {Threei} (whispering) do I care who was it who uttered them?
[16:05] {Threei} eqzaktly dino
[16:05] {geo} They saw with time even a rope drawing water from a well leaves marks on stone walls
[16:05] {geo} say
[16:05] {Threei} can't tell you how often I heard:
[16:05] {geo} hows that for a saying !
[16:05] {Threei} no matter what I do, it doesn't work
[16:06] {Threei} or
[16:06] {Threei} any trade I take is sure to turn against me
[16:06] {Threei} or
[16:06] {Threei} it's like market just waits for me to enter, and turns around right away
[16:06] {Threei} etc,. you know the kind
[16:06] {geo} lololol
[16:06] {i2romantis} lol
[16:06] {geo} its that guy I was talking about
[16:06] {i2romantis} I've said that before
[16:06] {Threei} what I never ever saw is
[16:06] {geo} he just said that yesterday
[16:07] {Threei} someone succeeding while thinking along these lines
[16:07] {Threei} I am not saying positive thinking magically turns things around by itself, far from it
[16:07] {Threei} but it's a foundation
[16:07] {Threei} without it you have nothing to build on
[16:08] {geo} i dont know too many neagative sucessfull people
[16:08] {Threei} and one more thought to leave you with for the night
[16:08] {geo} actually none
[16:08] {Threei} it's actually going to be a quote from my next book, consider it sneak preview
[16:08] {dino} uh oh
[16:08] {i2romantis} next book? sounds good !
[16:09] {Threei} even fear, one of the most impedimental eemotions,
[16:09] {Threei} has some useful applications.
[16:09] {geo} true
[16:09] {i2romantis} true that.
[16:10] {Threei} But self-doubt is the most wasteful and useless state of mind, accompl.ishing nothing but total and absolute waste of time and energy.
[16:10] {geo} true....
