The day started well with LVS and WFC shorts. Then a few stops albeit small took us back to about even. RIMM scal near close returned day into slightly positive territory but really, whole day's affair was not even worth the effort. Summer Friday...
Session Time: Fri Jul 31 00:00:00 2009
[08:12] {Threei} Preview: Q2 Advanced GDP Annualized and Personal Consumption due at 8:30 am
[08:12] {Threei} - GDP Annualized: -1.5%e v -5.5% prior quarter (Analyst range from -2.9% to -+0.7%)
[08:12] {Threei} - Personal Consumption: -0.5%e v +1.4% prior quarter (Analyst range from -1.0% to +1.3%)
[08:30] {Threei} *Q2 ADVANCED GDP ANNUALIZED: -1.0% V -1.5%E; PERSONAL CONSUMPTION: -1.2% V -0.5%E
[08:30] {Threei} *Q2 EMPLOYMENT COST INDEX: 0.4% V 0.3%E
[08:30] {Threei} Q2 ADVANCE GDP PRICE INDEX: 0.2% V 1.0%E; CORE PCE Q/Q: 2.0% V 2.3%E
[08:31] {Threei} *(CA) CANADA MAY GROSS DOMESTIC PRODUCT M/M: -0.5% V -0.3%E
[08:37] {BillyD} morning Vad
[08:37] {Threei} Billy :)
[09:04] {BillyD} .
[09:04] {cosmo} good point
[09:04] {Threei} don't even think about ruining our sleep on Friday
[09:04] {Threei} but yeah, excellent point
[09:05] {BillyD} my bad :(
[09:05] {Threei} well timed too
[09:05] {cosmo} yea... i almost had to make the point ....thx BD
[09:07] {cosmo} solars not happy it seems
[09:11] {fernp} good morning everybody
[09:11] {ese} good morning
[09:11] {ese} morning fern
[09:11] {Threei} fern, ese :)
[09:12] {ese} morning vad
[09:12] {Threei} strangest thing happened yesterday ese
[09:12] {fernp} thanks for email, Vad
[09:13] {Threei} sure :)
[09:14] {Threei} temperature ebverywhere I drive (and I had some extensive driving yesterday, freom Ogden point to Langford) was around 25-28C, and up to 33C in Langford,
[09:14] {Threei} while in my area it stayed nice and cool - 22-23
[09:15] {Threei} crossing Island View, you could see temperature on the display in the car dropping right before your very eyes by 5C
[09:15] {BillyD} it's your own little twilight zone vad
[09:15] {Threei} no kidding
[09:16] {Threei} my guests from San Diego begged for days for the relief from the heat,
[09:16] {BillyD} maybe Al Gors said: no global warming for Vad because he doesn't believe
[09:16] {BillyD} Gore
[09:16] {Threei} they commented yesterday that my house is located strategically very well, lol
[09:17] {cosmo} so ...san diegans can't take the heat ... i concur
[09:17] {Threei} so... you don't get what you don't believe?
[09:17] {Threei} I may have to re-think whole Santa thing then...
[09:17] {BillyD} lol
[09:18] {cosmo} Santa in July?
[09:18] {Threei} well cosmo,... they wanted to get away from that, and run here in just the same, lol
[09:18] {cosmo} karma
[09:23] {Threei} keeping an eye on LVS for short setup
[09:25] {JohnK} gm folks
[09:25] {magoo} news fslr vad}?
[09:25] {Threei} john :)
[09:26] {cosmo} drys up
[09:26] {Threei} Thursday, July 30, 2009 4:33:59 PM
[09:26] {Threei} First Solar Inc. Reaffirms FY09 Rev guidance $1.9-2.0B v $1.9Be from 4/29 - conf slides
[09:26] {Threei} - Reiterates FY09 gross margin 31-33%, CAPEX $270-300M
[09:27] {Threei} Thursday, July 30, 2009 4:05:38 PM
[09:27] {Threei} DryShips, Inc Reports Q2 $0.25 v $0.21e, R$245M v $204.1Me
[09:27] {Threei} - Q2 Net voyage revenue $99.9M v $245M y/y v $88.9M q/q
[09:27] {Threei} - Average number of vessels 37.3 v 38.5 y/y v 37.7 q/q
[09:27] {Threei} - Total voyage days for vessels 3,358 v 3,465 y/y v 3,277 q/q
[09:27] {Threei} - Vessels utilization 99.0% v 98.9% y/y v 97% q/q
[09:27] {Threei} DRYS Follow up- Group has reduced CAPEX by canceling 17 new vessels, reducing expenditures by $2B -Investor slides
[09:28] {Threei} DRYS resistance on faily 7.10
[09:28] {nemo} gaelic?
[09:28] {Threei} let's keep an eye on it for the break
[09:28] {Threei} Continue to see large levels of uncertainty in dry bulk orderbook
[09:28] {Threei} - Sees FY09 EBITDA at $601M
[09:30] {Threei} LVS, let's bounce
[09:30] {Threei} don't drop right away
[09:31] {Threei} ugh
[09:34] {Threei} Short Setup: LVS.85 break if stays below 10
[09:34] {Threei} Short Setup: LVS .85 break if stays below 10
[09:35] {BillyD} amazing comeback
[09:36] {BillyD} ANDS
[09:36] {Threei} Short Setup: LVS 9.95 break if stays below 10.10
[09:37] {jfjf64} mornin
[09:37] {magoo} in
[09:37] {jfjf64} in
[09:37] {fernp} in
[09:39] {Threei} (US) White House Advisor Romer: Economy is now seen on the right track -CNBC
[09:39] {jfjf64} syna l .75
[09:40] {Threei} LVS 1:1, half or scalp, your choice
[09:40] {fernp} ty Vad
[09:40] {Threei} welcome
[09:40] {jfjf64} ty vad
[09:40] {JohnK} good trade LVS thx T :)
[09:40] {patel} nice trade
[09:40] {Threei} :who partials, stop to above 10
[09:41] {Threei} welcome guys
[09:41] {magoo} out .77 TY
[09:42] {magoo} pmi numbers coming
[09:42] {Threei} Long Setup: DRYS 7.10 break if holding above 7 for scalpers, above 6.95 for daytraders
[09:45] {Threei} JULY CHICAGO PURCHASING MANAGERS INDEX: 43.4 V 43.0E
[09:45] {Threei} - Prices Paid: 35.0 v 36.3 last
[09:45] {Threei} - New Orders: 48.0 v 41.6 last
[09:45] {Threei} - Employment: 35.3 v 28.9 last
[09:45] {Threei} - Inventories: 25.4 v 34.2 last
[09:45] {Threei} - Supplier Deliveries: 49.6 v 43.1 last
[09:45] {Threei} - Production: 43.3 v 39.3 last
[09:45] {Threei} - Order Backlogs: 32.1 v 37.6 last
[09:46] {Threei} Long Setup: DRYS .95 break if stays above .90
[09:46] {Threei} trying to re-calibrate them on the go
[09:47] {jfjf64} you go vad do ya thing yeaaah
[09:47] {BillyD} lol
[09:47] {magoo} in
[09:49] {Threei} ideally, it would hold .95 now, break 7 and jump
[09:49] {Threei} that would give us half out and stop trail to .94
[09:50] {Threei} LVS, stop to above .90 for the balance
[09:52] {magoo} out drus
[09:52] {Threei} no go DRYS
[09:56] {Threei} LVS 1:2
[09:56] {Threei} holder cover 1/4 more
[09:56] {Threei} AND STOP TO ABOVE .85
[09:56] {Threei} oops, sorry caps
[09:56] {nemo} my ears
[09:56] {jfjf64} ten l .30
[09:57] {jfjf64} break
[09:57] {nemo} rimm Vad ossible short
[09:57] {nemo} p
[09:57] {Threei} bid last piece of LVS just above .50
[09:58] {Threei} done LVS .52
[09:58] {Threei} +.43 or so
[09:58] {nemo} mags will figure it out
[09:59] {jfjf64} ty lvs
[09:59] {magoo} lets see..um, carry the 3...er, um .....
[09:59] {Threei} jf :)
[09:59] {jfjf64} me stop ten
[09:59] {magoo} alz i know ..i got scalpers regrett
[10:01] {magoo} looks like mkts rolling over
[10:01] {jfjf64} grrr was watchin qid grrr
[10:01] {Threei} .short wfc .80 break
[10:01] {Threei} Short Setup: WFC .80 break
[10:01] {Threei} stop above .90 or .95
[10:01] {Threei} 1:1 in a hurry
[10:02] {JohnK} too fast for me
[10:02] {jfjf64} ty .67 out
[10:02] {fernp} missed here
[10:02] {Threei} was breaking as I was typing
[10:02] {nemo} got it
[10:02] {jfjf64} .84 got
[10:02] {Threei} had just couple seconds for entry at .79 after alert
[10:03] {JohnK} T - if you could just connect your thoughts to the computer...
[10:03] {JohnK} there's a helmet :)
[10:03] {_matt} does short shares depend on broker?
[10:03] {Threei} I tried, Jonh... fried three computers in a row in 5 minutes
[10:03] {Threei} yes matt
[10:03] {JohnK} lol
[10:03] {Threei} broker has to have inventory for a particular name
[10:04] {_matt} thanks
[10:04] {Threei} first two dies with not as much as whimper, third one managed to say "what the..."
[10:04] {Threei} died
[10:04] {jfjf64} bounces are comin lets change hats
[10:04] {jfjf64} rimm
[10:05] {Threei} RIMM weas nice short call nemo
[10:05] {Threei} right at upper BB resistance
[10:05] {BillyD} ty Vad WFC
[10:06] {Threei} good reflexes guys
[10:06] {Threei} I though you had all missed
[10:06] {BillyD} pulled it up and hit .79 lucky
[10:06] {magoo} i used it to short aapl, off 164...cov 163.47
[10:06] {Threei} shows you how little adjusted to thinking I am
[10:07] {patel} my entry on WFC was .78
[10:07] {patel} i got a bad fill when i covered
[10:07] {Threei} good enough... 1 cent chasing is not chasing
[10:07] {patel} .67
[10:08] {Threei} hmmm
[10:08] {Threei} how is it bad?
[10:08] {patel} i couldnt short LVS
[10:08] {Threei} low .66
[10:08] {BillyD} lol
[10:08] {patel} lol
[10:08] {BillyD} i was trying for rest at .66 and no hit
[10:09] {patel} for some reason my broker has a low of 24.63 on that candle tick
[10:09] {patel} must be an error tick
[10:09] {Threei} fire your broker
[10:09] {patel} lol
[10:10] {jfjf64} ten l .18 trigger or me
[10:12] {jfjf64} to hell with this ten
[10:14] {jfjf64} syna vad ya lk
[10:15] {BillyD} Vad, think LVS has more if .50 breakdown and satys .65
[10:16] {BillyD} stays
[10:16] {Threei} toughie... not sure
[10:16] {Threei} WFC on the opther hand
[10:16] {Threei} stays very weak even as market bounces
[10:17] {Threei} trying to structure setup on it
[10:17] {jfjf64} that wd be nice lol
[10:20] {Threei} Long Setup: RIMM 77 break if stays above .80, half lot
[10:22] {Threei} prepare for takeoff
[10:22] {jfjf64} in
[10:22] {Threei} ummm
[10:22] {Threei} you see that huge offer at 77?
[10:22] {nemo} magooitis
[10:23] {Threei} that's the reason to wait for break, or at least to see that it scrolls through
[10:23] {jfjf64} im still newbie ty
[10:24] {Threei} like this
[10:25] {Threei} see it melting down?
[10:25] {Threei} not fast enough yet but the idea is the same
[10:27] {magoo} [10:23] {nemo} magooitis
06[10:27] * magoo slaps nemo around a bit with a large trout
[10:28] {magoo} theres a method to magoo madness
[10:28] {Threei} lol
[10:28] {nemo} [10:22] {jfjf64} in
[10:28] {nemo} [10:22] {&Threei} ummm
[10:28] {Threei} anyone ever expected Shakespear to be quoted in this room?
[10:29] {cosmo} he said something about lawyers, as i recall
[10:29] {nemo} Poe makes more sense, huh Raven?
[10:29] {nemo} kill all the lawyers
[10:29] {cosmo} ah
[10:30] {magoo} not convinced mkts can stay green today
[10:30] {magoo} just a feeling
[10:30] {nemo} oogachaka
[10:30] {Threei} if market drops, RIMM is just as valid on the other side of the setup
[10:31] {nemo} R1 is .90
[10:33] {BillyD} Vad, u waiting for mkt drop confirm or just RIMM break .80
[10:33] {Threei} desirably both, with market leading
[10:34] {Threei} if no luck, well
[10:34] {magoo} aapl will follow vads trade BUT in an amplified manner
[10:34] {magoo} =more risk..more reward
[10:34] {Threei} I'll take it anyway... half lot, gotta try
[10:35] {magoo} hey..i am rubbing off on u after all these years lol
[10:35] {nemo} yeah, the rash has finally gone to his brain
[10:36] {magoo} sigh..u used to have my back as we went after vad
[10:36] {nemo} I switch sides depending on which is personally more advantageous
06[10:36] * Threei reaches for the botton on the trout hoster
[10:36] {magoo} notices his trout is missing
06[10:37] * nemo crawls in cave, closes door (brings laptop in case Rimm triggers), pulls blanket over head
[10:37] {nemo} in rimm
[10:38] {Threei} IMF's Kramer: expect US to start recovering decisively in the middle of 2010 - TV interview
[10:38] {Threei} - expects jobless rate to peak above 10% in 2010
[10:38] {magoo} in rimm aapl
[10:38] {magoo} short
[10:38] {Threei} NQ needs to lose 1610
[10:39] {Threei} to send them both down screaming
[10:40] {magoo} magoo sacrifices bull{substitutes his childrens guenie pig as a bull}
[10:40] {JohnK} RIMM?
[10:40] {Threei} AAPL{ not much to hold it down to 164 - 63.80
[10:40] {Threei} and RIMM to 76.50
[10:40] {Threei} just need market help
[10:40] {Threei} John?
[10:41] {magoo} shorted RIMM lloss .80 john, aapl loss .50
[10:41] {magoo} RISKY..gotta keep stop
[10:42] {Threei} so far so good... next breakdown is coming
[10:42] {nemo} 1:1
[10:43] {magoo} f off mkt
[10:43] {Threei} sheesh
[10:43] {Threei} what was that?
[10:43] {magoo} really
[10:43] {BillyD} out rimm here
[10:43] {magoo} jesus christ..perfect setup
[10:44] {magoo} huge candle up
[10:45] {cosmo} i heard it was a 'sting', mags
[10:48] {Threei} die RIMM
[10:51] {BillyD} die RIMM for my friends
[10:51] {nemo} fall on your frickin' pda, fur crisssakes
[10:51] {Threei} {RIMM} you all don't like me :(
[10:51] {nemo} long line there vad
[10:55] {nemo} mmmmhhhhh Qs might have to test morning high before RIMM makes a decision
[10:55] {Threei} no kidding
[10:55] {nemo} Captain Obvious?
[10:55] {Threei} shake us out, then fail miserably
[10:56] {fernp} have to go. see u all on monday. have a great weekend everyone
[10:57] {BillyD} u 2 fernp
[10:57] {Threei} take care fern, have a good one
[10:58] {magoo} the ole dupe
[11:06] {magoo} vad smacker down
06[11:06] * Threei hits RIMM over the head with 2x4
[11:06] {nemo} violence never solved anything
[11:06] {nemo} then again, it feels good
[11:07] {patel} what kind of stop u looking at in the RIMM short
[11:07] {Threei} sbove 77
[11:11] {Threei} JPM Chief Economist: Raises Q3 economic forecast for US GDP to 3% from 2.5% prior forecast - CNBC interview
[11:11] {Threei} - Puts 2012 unemployment at 8% or above
[11:11] {nemo} wow, going out on a limb
[11:11] {Threei} this all looks like we are nearing to top of the cycle
[11:11] {Threei} big run up in the market, now all soundbites become more and more optimistic
[11:12] {Threei} "end of recession" becomes a common phrase everywhere
[11:12] {nemo} yeah, the other clause in the sentence is "beginning of the depression"
[11:12] {Threei} fells like the only thing that is holding market up at this point is premature shorts
[11:13] {nemo} don't forget the PPT
[11:13] {Threei} I'll leave myth field to you :)
[11:13] {Threei} I still have that Santa thing to sort out
[11:14] {nemo} thanks....on another note....AMZN looks like going to test it's high too
[11:14] {patel} if RIMM stops us out
[11:14] {patel} could long be a choice
[11:15] {Threei} hard to tell... chances of both being a shakeout are 50/50
[11:19] {Threei} Short Setup: WFC .50 break if stays below .60
[11:22] {nemo} pulling teeth today
06[11:24] * Threei hands nemo pliers
[11:25] {nemo} .47 is S1 on WFC...I'd rather a hammer and chisel
[11:30] {magoo} feels likke down..BUT really tough..trying to rinse us
[11:30] {nemo} it's at major support
[11:31] {magoo} nah..if mkt falls..it falls
[11:32] {magoo} mkt wont fall
[11:32] {magoo} is problem
[11:35] {patel} come on market
[11:36] {nemo} market's gonna make a run
[11:44] {nemo} ooh WFC wedging upward, oy
[11:46] {Threei} lol
[11:46] {Threei} it's truyly amazing how many things one can find in 3-5 cents range
[11:46] {nemo} I'm murder on a Rorschach test
[11:46] {BillyD} lol
[11:47] {Threei} I am very predictable in those
[11:47] {nemo} breasts?
[11:47] {Threei} you really want me to spend time editing log after hours, don't you
[11:48] {nemo} I didn't use a scatalogical euphemism
06[11:58] * Threei places a pillow on his desk, looks at it critically, moves it a bit to the right... to the left...
[12:00] {magoo} obama on tv 1 pm
[12:01] {chiro} RIGL has no friends let
[12:02] {Threei} I don't see anything fresh on RIGL
[12:08] {magoo} vad, im confused..do u want more and others besides nemo to post profanity here?
[12:08] {chiro} went long at 8.14 ...out most now
[12:09] {Threei} firat of all I want you two to stop drinking that early in the day
[12:09] {nemo} I don't drink
[12:09] {magoo} im east coast
[12:09] {nemo} me too
[12:09] {nemo} I'm even east of Magoo
[12:09] {magoo} its not that that early
[12:09] {nemo} Actually, can't get much more east than me
[12:10] {nemo} frickin fcx
[12:13] {_matt} if rimm stops me out at .01 what is your opinion on taking a long position at that?
[12:15] {Threei} 11:14] {patel} if RIMM stops us out
[12:15] {Threei} [11:14] {patel} could long be a choice
[12:15] {Threei} [11:15] {Threei} hard to tell... chances of both being a shakeout are 50/50
[12:15] {Threei} same opinion still
[12:15] {Threei} nothing changed in an hour
[12:15] {patel} how can i view timestamps in IRC
[12:16] {Threei} right click on the button saying #discussions in the uppoer bar
[12:16] {BillyD} click on menu at top of window and turn it on
[12:16] {Threei} Timestamp
[12:16] {patel} okay thanks
[12:22] {_matt} if it goes long would stop of below .88 correct base on recent activity?
[12:22] {Threei} unless it goes below that before hitting 77, yes
[12:23] {_matt} thank you
[12:31] {ese} i'm still here just watching you all.....have company visiting.......low key day for me
[12:33] {patience} i'm too zenned out after spending 3 days body surfing at long beach ese....no trading...not quick enough today
[12:39] {ese} how was the weather up there
[12:40] {Threei} okay market
[12:40] {Threei} it's time
[12:41] {Threei} (I think)
[12:41] {magoo} manm..syna crushed
[12:49] {ese} signing off everyone.....see you all mon or tues......take care
[12:50] {Threei} take care ese
[12:51] {Threei} President Obama reportedly holding talks with CEOs of VZ, WMT, NUE, and SBUX (related VZ NUE SBUX WMT )
[12:51] {Threei} huh?
[12:51] {Threei} what could p;oassibly president want with SBUX
[12:51] {BillyD} a coffee
[12:51] {Threei} yeah, I guess
[12:52] {magoo} wants to change their flavor blend
[12:52] {Threei} when I want coffee I talk to a girl behind the counter... not CEO {G}
[12:52] {BillyD} you are no fun
[12:52] {Threei} I am - I just don't consider CEO to be fun
[12:53] {Threei} RIMM... you needed just 10 more cents to be 1:1er
[12:58] {magoo} extremely frustrating day
[12:59] {Threei} that's because you are trying to stay awake
[13:00] {Threei} let yourself slip into nirvana
[13:01] {nemo} shouldn't you be in a coma this time of day?
[13:01] {Threei} I am
[13:02] {nemo} whoa, look at the $ today
[13:11] {nemo} wfc just dancing along that support line
[13:13] {magoo} ego maniac coming up on tv
06[13:15] * Threei cancels his upcoming TV appearance
[13:15] {_matt} give rimm the trout on the beach award
[13:20] {magoo} judt get on with it rimm and ddddddddddiiiiiiiiiiiiiiiiiiiiiiieeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
[13:21] {Threei} said magoo unemotionally
[13:28] {Threei} President Obama: Last 3 months, the economy has done 'measurably better' than expected
[13:28] {Threei} - Notes that the jobs report will show unemployment stabilized; but the US will likely continue to lose more jobs
[13:28] {Threei} - Comments that when assumed office, the recession was deeper than anyone believed
[13:33] {magoo} u think if i take a leak it will fall...always does when im long :)
[13:34] {Threei} I learn so much here every day
[13:35] {BillyD} who ever thought RIMM would hold you hostage
[13:35] {Threei} shows the degree of swampiness
[13:41] {Threei} took EFC what, just couple hours to make it across 10 cents range?
[13:41] {Threei} WFC
[13:52] {magoo} rimm can f off
[13:52] {nemo} hehe got to edit the log again
[13:53] {Threei} sigh
[13:53] {magoo} wait 3 hours to get stopped
[13:53] {Threei} lol
[13:53] {Threei} adds insult to ingury
[13:53] {Threei} or whatever
[13:57] {magoo} my shorts no work..my longs no work..my bro dino no work..SIGH
[13:57] {nemo} time for the FADC
[14:00] {_matt} :(
[14:18] {Threei} Long Setup: CEDC 29.02 break
[14:18] {Threei} if stays above 21.90
[14:18] {magoo} wait a minute..hostage situation? lol
[14:19] {wulff} 8 points?
[14:23] {Threei} invalidated
[14:23] {nemo} so, go short?
[14:23] {Threei} 20 PAL Ticking higher after positive mention by CNBC guest
[14:23] {Threei} - cites strength returning to the auto market (palladium is used in catalytic converters
[14:23] {nemo} nah
[14:24] {magoo} rimm..so i take 03 long
[14:24] {magoo} no go AGAIN
[14:25] {magoo} smasdhing stuff here
[14:25] {Threei} market is still locked
[14:25] {Threei} why try to trade market fol,lowers?
[14:25] {magoo} because im down
[14:25] {Threei} 3 hursago we didn't know that
[14:25] {Threei} but why repeat it now?
[14:25] {Threei} oh, that's great reason to trade
[14:26] {magoo} valid setups..uif rimm had gone thru 77 and hit 77.17..u would have mentioned
[14:27] {Threei} I was asked about this specific one twice
[14:27] {Threei} and said it was 50/50
[14:27] {cosmo} HLIT?
[14:27] {magoo} ive never ever seen rimm so locked./.im ytrying to catch its move
[14:28] {wulff} I am already short
[14:28] {jfjf64} cof l .73 trigger
[14:42] {wulff} lookout blow
[14:42] {wulff} below
[14:44] {nemo} vad's gonna' have to edit again
[14:45] {magoo} at least he cant kick nemo out now...wulff guilty too
[14:45] {wulff} what?
06[14:46] * nemo washes wulffs mouth out with a large bar of soap
[14:46] {BillyD} you guys are too funny
[14:46] {nemo} boredom breeds insanity...don't have to scratch too deep on me
[14:46] {Threei} I find it easier not to post today's blog than go over it catching all your gems
[14:47] {magoo} ah..the lazy way out lol
[14:47] {nemo} duh...all you have to do is record the time signature
[14:47] {Threei} uhhu
[14:47] {nemo} frankly, the way today's gone, why bother anyway
[14:47] {Threei} that's exactly how I want to spend my trading day
[14:47] {nemo} post-trading day
[14:47] {Threei} writing down on the paper: 10:38. nemo. dlete
[14:47] {Threei} 11.16. magoo. dlete
[14:48] {Threei} 11"25. tk wrtng lessns frm jf and wrte dlt from no on
[14:48] {nemo} maybe you could set us up like the "dark pools" where we don't show up on the tape, only real-time in merc
[14:49] {jfjf64} fas l .20
[14:49] {nemo} Well, dark pools don't show up at all
[14:49] {nemo} mmmmhh DB on FCX?
[14:49] {Threei} or, I can posts it as it as so decent folks coming here know who to stay away from {G}
[14:49] {Threei} yup... that's what I'll do
[14:51] {nemo} aren't you gonna' ask him mags?
[14:51] {Threei} ask me??
[14:52] {Threei} why would magoo do that, he knows I am straight
[14:52] {nemo} huh? what? no, the question he asks you around this time of day several days a week
[14:54] {nemo} O.K. Fine!!! "Rip or Rot, Vad?"
[14:54] {cosmo} HLIT tests 7 soon
[14:55] {Threei} this would be my favorite chart of the day cosmo, if it were normal day during normal trading season
[14:55] {cosmo} maybe last hour is normal
[14:56] {nemo} Friday afternoon last day of July
[14:56] {Threei} [14:55] {cosmo} maybe last hour is normal {--- this takes the prize as the best joke of the day
[14:56] {nemo} frickin' cosmo
[14:56] {Threei} beat you and magoo to the pulp
[14:57] {cosmo} and its always lunchtime too
[14:57] {nemo} hit the FADC already Cosmo?
[14:57] {cosmo} ?
[14:57] {nemo} Friday Afternoon Drinking Club
[14:57] {Threei} today, unless we find couple nice wins before day ends, will interrupt our long winning series
[14:58] {Threei} running for about two-and-half - three weeks
[14:58] {nemo} figures, I'm a hair above b/e
[14:58] {Threei} yeah, depending on how you managed opening plays you are about flat or slightly down
[14:59] {cosmo} well... i might have a beer.... but only one
[14:59] {nemo} yeah, I doubletapped on a sell, or I might have made out a little better
[14:59] {Threei} which is actually good... gotta give something to gods of odds theory
[14:59] {nemo} that would be your patron spirit "god of the odd"
06[15:00] * nemo giving cosmo run for his money
[15:00] {Threei} nah
[15:00] {nemo} that was expected
[15:00] {Threei} cosmo's one still a winner
[15:01] {cosmo} barely
[15:01] {nemo} nah, you won fair and square
[15:01] {Threei} that was stylish and old-schoolish
[15:02] {nemo} the blatant absence of any touch with reality had me in stitches too
[15:02] {cosmo} oh...schucks...
[15:02] {nemo} won't have to edit that Vad
[15:04] {cosmo} HLIT firm fwiw
[15:04] {Threei} not editing anything
[15:04] {Threei} leaving it all as it is, and letting you take the shame
[15:04] {nemo} I have none
[15:05] {Threei} (providing your vocabulary includes the word)
[15:05] {Threei} oh, never mind
[15:07] {wulff} RIMM .65 short for those who are interested
[15:12] {magoo} finally got rimm rihgt..shorted that last loss 77 to .76
[15:13] {magoo} but still..hasnt pulled back much in relation to Q or AAPL
[15:17] {magoo} SYNA read vad??
[15:18] {Threei} .60 short ... but would nbeed tighter range
[15:18] {Threei} or try to find short entry on the bounce
[15:19] {cosmo} hlit goes ....'bye buy'
[15:19] {cosmo} maybe
[15:20] {BillyD} 1 penny at a time cosmo
[15:21] {cosmo} 1909 s
[15:22] {Raven} 1909 s vdb
[15:22] {cosmo} picky...
[15:22] {Raven} thx
[15:23] {nemo} look at fcx wtf
[15:23] {Raven} Michael will ride the Prancing Horse once again, cosmo
[15:24] {cosmo} ...but beware the wooden nickle...
[15:24] {BillyD} gotta run, have a good wknd everyone
[15:24] {Threei} take care Billy
[15:24] {Raven} nickel?
[15:25] {cosmo} got ahead of myself
[15:26] {Raven} lol
[15:32] {Threei} great... now RIMM does it
[15:32] {Threei} by stopping us out by 5 cents
[15:34] {wulff} 15:03 wulff RIMM .65 short for those who are interested
[15:35] {magoo} nice wulffy
[15:42] {wulff} right on schedule
[15:44] {cosmo} should hold .95
[15:46] {wulff} unless it doesn't
[15:47] {nemo} thanks yogi
[15:49] {cosmo} ok then, it needs to hold .95 ...lots of small block vol is good ...no?
[15:51] {nemo} that might be about it on RIMM with that volume spike
[15:51] {Threei} yeah, some covering should come
[15:52] {Threei} .80 vbbreak
[15:52] {Threei} long for scalp
[15:53] {Threei} stop under .70
[15:54] {Threei} 1:1
[15:55] {Threei} anyone?
[15:57] {wulff} +1.0 short RIMM,
[15:57] {magoo} me
[15:57] {magoo} ty
[15:58] {Threei} okay guys, just slightly positive here,
[15:58] {Threei} depending on your share size and managing the trade you are anywhere from slightly negative to flat to slightly iup
[15:58] {Threei} and bored to death
[15:58] {Threei} thank you all, have a great weekend, see you on Monday
[15:58] {chiro} ty
[15:58] {magoo} u too
