Monday, August 30, 2010

Aug 30 2010

Still inactive but profitable day as all calls worked nicely.

Session Time: Mon Aug 30 00:00:00 2010
[07:11] {magoo} morning
[08:44] {strider} HPQ
[08:47] {magoo} seems extroordinarily slow out there
[08:49] {Threei}  morning
[08:49] {Threei}  last week of slow
[08:49] {Threei}  should be a litle faster than before though
[08:53] {dino} gm all
[08:53] {Threei}  dino :)
[08:54] {dino} gm
[08:56] {strider} morning everyone.
[08:56] {Threei}  strider :)
[08:56] {strider} :)
[08:57] {nemo} :)
[08:58] {strider} howdy nemo
[09:03] {dino} dgit, seems friday leaked
[09:05] {jfjf64} mornin
[09:06] {Threei}  jf :)
[09:07] {ese} gm
[09:07] {Threei}  ese :)
[09:10] {ese} anything new and exciting
[09:11] {Threei}  sirloin tip is on 70% sale
[09:11] {ese} that is exciting
[09:12] {dino} indeed
[09:12] {ese} where
[09:12] {Threei}  unless you are a vegetarian...
[09:12] {Threei}  Save-On-Foods
[09:17] {ese} BP.UK British Petroleum plc Reportedly an internal BP report of Deepwater Horizon incident finds engineers misread pressure test results before explosion much for the engineering degree and all the math you do to get it
[09:17] {nemo} sounds like CYABS to me
[09:18] {ese} i give up....whats that
[09:18] {nemo} Cover Your Ass Bull Shit
[09:18] {Threei}  - Reportedly the report, which has not been publicly released, shows that on April 20th BP employees on the Transocean rig misinterpreted a pressure test that showed an impending blowout. As a result the BP employees decided to replace drilling fluid with seawater, which was not heavy enough to tamp down the natural gas that was building up in the well. BP plans to publicly release the report within the next two weeks.
[09:19] {ese} lol
[09:21] {Threei}  RIMM Indian official confirms 60 days extension to reveiw BlackBerry access
[09:28] {ese} how bout dgit dino
[09:28] {nemo} wow took another header
[09:29] {dino} watching, see above, fridasy leak
[09:29] {ese} -6.14 so far....buyback but guided lower
[09:29] {dino} gut says 17 area
[09:30] {dino} big miss
[09:30] {nemo} I've got 17 support dino
[09:31] {dino} see it
[09:31] {dino} ty
[09:31] {nemo} it's an area, so start looking there
[09:32] {dino} -3 on fri
[09:32] {Threei} Long Setup:  RIMM  .10 break
[09:32] {Threei}  half lot
[09:32] {Threei}  if stays above .95
[09:34] {Threei}  invalidated
[09:36] {magoo} my god DGIT
[09:36] {Threei}  not done selling yet, IMO
[09:36] {ese} with ya on that one mags
[09:37] {nemo} 16.39 low of this support area then 15.20 or so
[09:39] {dino} brutal
[09:41] {magoo} is it avail short?
[09:41] {nemo} yes
[09:41] {nemo} I got rinsed
[09:41] {magoo} not that i like the idea
[09:41] {Threei}  yes mags
[09:42] {Threei}  AMR Hearing vague chatter a Sovereign Wealth fund could seek a large stake in the company (6.22, +0.18, 2.98%)
[09:45] {ese} L sm mon .66
[09:45] {ese} sorry 1/2
[09:48] {Threei}  DGIT Hearing Oppenheimed defending the stock (timing uncertain) (16.68, -7.86, -32.03%)
[09:48] {magoo} another pllbk to .30 would be beautiful
[09:49] {magoo} although, scary still
[09:49] {Threei} Short Setup: RIMM  .70 break half lot if stays under .80
[09:51] {Threei}  not a scalp for me if works
[09:52] {Threei}  1:1
[09:52] {Threei}  1:2
[09:53] {Threei}  1:3, out
[09:53] {nemo} ty
[09:53] {jfjf64} nice
[09:53] {jfjf64} ty
[09:54] {Threei}  welcome guys
[09:54] {magoo} out .45 TY
[09:54] {Threei}  :)
[09:55] {dino}  veco l ,40
[09:55] {magoo} any read CAT boss
[09:55] {Threei}  not really
[09:59] {Threei}  DGIT
[09:59] {Threei}  can't confidently call exact entry but feels like found the bottom
[10:00] {nemo} in .58
[10:00] {nemo} half out .67
[10:00] {magoo} nice entry
[10:00] {ese} nice one nemo
[10:01] {nemo} unfortunately I'm not wearing underwear
[10:01] {magoo} pull-up?
[10:01] {Threei}  later on when market activity dies, want to tell you what kind of signs I am looking for and hpoing to trade when market gets out of summer slumber
[10:05] {Threei}  DGIT is martching on
[10:05] {Threei}  1/4 more out here nemo
[10:06] {Threei}  and see if it can't break 17 for you
[10:07] {dino} veco out .93, +.53
[10:08] {Threei}  nice
[10:09] {dino} ty
[10:11] {Threei}  Intrade pay-to-play prediction markets are now showing a 76 percent chance of a GOP House takeover in November, along with a 60 percent probability that Republicans will capture at least seven new Senate seats.
[10:15] {Threei}  (US) Preview: Aug Dallas Fed Manufacturing due out at 10:30ET
[10:16] {Threei}  **Consensus expectation: -10%e v -21% prior
[10:16] {Threei}  - Prior reading of -21% was worst since July 2009.
[10:18] {Threei}  INTC...
[10:18] {Threei}  18 break is tempting
[10:22] {Threei} Short Setup: RIMM  .40 break
[10:23] {nemo} vmw short?
[10:23] {Threei}  if stays under .55, RIMM
[10:23] {Threei}  don't know VMW
[10:25] {Threei} Short Setup: RIMM  .50 break
[10:25] {Threei}  if stays under .60
[10:27] {Threei}  *(US) DALLAS FED MANUFACTURIG ACTIVITY: -13.5% V -10%E
[10:31] {Threei}  1:1 is close enough, cover half
[10:32] {Threei}  stop to above .50
[10:34] {dino}  dgit l .90
[10:34] {ese} stopped mon .29 -.35 1/2 lot
[10:35] {Threei}  Market Internals update at 10:30ET
[10:35] {Threei}  - NYSE volume 140M shares, about 40% below its three-month average; decliners lead advancers by 2.4:1.
[10:35] {Threei}  - NASDAQ volume 350M shares, about 24% below its three-month average; decliners lead advancers by 2.3:1.
[10:35] {Threei}  - VIX index +4% to just above 25.00
[10:37] {dino} dgit stopped-.11
[10:37] {ese} am gonna go with ya dino but am waiting for .00
[10:37] {nemo} or buy in around .70
[10:38] {nemo} ooohhh baby
[10:38] {nemo} bidu might be IH&S forming
[10:40] {nemo} nope
[10:44] {ese} something up with airlines
[10:44] {ese} amr uaua dal....all started up
[10:45] {ese} cal also
[10:48] {strider} FOSL
[10:48] {nemo} stop talking about yourself like that strider
[10:49] {Threei}  DGIT Discloses terminated credit agreement; expects Q3 charge - filing dated 8/30
[10:51] {ese} L mon .36
[10:51] {dino} dgit l .65
[10:52] {Threei}  ENER Hearing strength attributed to chatter of possible large contract win (4.23, +0.10, 2.42%)
[10:58] {dino} dgit stopped again -.17
[10:59] {nemo} don't buy breaks imo until later this afternoon
[11:00] {Threei}  I concur
[11:01] {nemo} got nice volume on that hammer candle higher probability area to buy
[11:02] {Threei}  If see the break - ignore it, and peace of mind will be granted to thee
[11:02] {ese} would agree bought  mon on a break of last fridays high and it pulled back on me
[11:02] {dino} wait for db
[11:06] {nemo} bidu db
[11:15] {nemo} probbly bounce around .40
[11:17] {ese} L mon avg .41
[11:18] {dino} cree
[11:19] {dino} .02 l
[11:20] {nemo} dgit found the bottom
[11:29] {nemo} bidu at pivot, might be a scalp around here
[11:29] {nemo} in .42
[11:30] {nemo} 1/2 out .52
[11:30] {nemo} all out
[11:30] {magoo} oh..hmm.i took with ya
[11:30] {nemo} I got raisins for nads right now
[11:31] {magoo} i thought high .90
[11:31] {nemo} I'm just scalpin' right now mags
[11:38] {magoo} rimm stronger than mkt
[11:45] {Threei}  (US) Reportedly Obama Administration to propose new rules on car fuel economy claims that will reflect the vehicle's environmental impact (related F GM TM HMC )
[11:46] {Threei}  (US) President Obama to sign executive order imposing more financial sanctions on North Korea
[11:46] {Threei}  - Order would freeze assets of firms that trade with North Korea in arms, currency, and luxury goods.
[11:58] {Threei}  feels like RIMM is preparing for a run
[11:58] {dino}     veco l .50
[12:07] {nemo} .45 area big level for dgit
[12:27] {magoo} can dgit launch vad?
[12:27] {Threei}  it did twice and fizzled out... maybe third time is charm
[12:35] {Threei}  pullback
[12:36] {nemo} yeah, that .45 level
[12:36] {Threei}  I think worth a try on .50 recross
[12:39] {Threei}  I'd keep a very tight stop, under that .45
[12:51] {ese} hey all gota go.....catch you all tomorow.....still lon mon +.16 so far on 1500 shs
[12:51] {Threei}  take care ese
[12:51] {ese} see you tomorrow vad am preping for the start of school next week
[12:53] {dino} cya es
[13:12] {dino}  out cree .28, +.25
[13:17] {Threei}  guess who decided to appear on TV
[13:17] {magoo} ralph nader
[13:18] {dino} humpty dumpty
[13:18] {Threei}  you wish
[13:18] {Threei}  actually...
[13:18] {Threei}  last suggestion makes sense
[13:18] {dino} yeah, it is broken
[13:20] {Threei}  (US) President Obama: Calls for an extension of middle class tax cut and congress to pass a bill aimed at small business
[13:21] {dino} bill to what, crush them more
[13:23] {Threei}  fear not dino:"
[13:23] {Threei}  _ Economic team is still working on "additional measures" to help boost the economy.
[13:23] {Threei}  there
[13:24] {Threei}  that should do it
[13:24] {dino} "shrug"
[13:28] {Threei}  hmmm
[13:28] {dino} new lows
[13:28] {Threei}  market wasn't impressed
[13:30] {dino} never is
[13:32] {Threei}  can't even begin to imagine why
[13:34] {dino} he's jimmy carter all over again
[13:35] {Threei}  I haven't lived here during his times, but I hear this comparison from great many
[13:35] {dino} big downer
[13:37] {dino} jcg l .48
[13:40] {Threei}  (US) Fed's Bullard: New financial resolution authority will not be credible until it is put to the test; unclear whether that can occur before the next crisis happens
[13:40] {Threei}  hey, they are already planning for the next crisis
[13:41] {Threei}  as if we found our way out of this one
[13:41] {Threei}  that's what I call advanced planning
[13:41] {Threei}  we all count 3 moves ahead, Feds being grandmasters they are - 5
[13:42] {dino} thought the geniuses said this would protect us from crises
[13:42] {dino} all they needed to do was enforce the old rules
[13:43] {Threei}  well, they also assume we are so stupid that we will find the way to launch new crisis, even with all heir great protection
[13:44] {dino} htch
[13:45] {dino} dgit lod
[13:47] {dino} lowest vol. of year
[13:49] {Threei}  really?
[13:57] {dino} yes
[14:00] {Threei}  Market Internals update at 14:00ET
[14:00] {Threei}  - NYSE volume 375M shares, about 37% below its three-month average; decliners lead advancers by 2.7:1.
[14:00] {Threei}  - NASDAQ volume 940M shares, about 24% below its three-month average; decliners lead advancers by 2.7:1.
[14:08] {Threei}  RIMM strength is intriguing
[14:10] {magoo} dgit lost 16
[14:10] {Threei}  talk about oversold gets oversolder, eh?
[14:11] {magoo} or the ole its gotta bounce
[14:11] {Threei}  uhhu... aka "it can't possibly go any lower"
[14:12] {Threei}  aka "if it was good at 25, it must be even better at 15"
[14:12] {Threei}  aka "I'll just put it in long term account"
[14:13] {magoo} good one
[14:13] {Threei}  aka "they won't get it from this cheap"
[14:13] {Threei}  from me
[14:23] {Threei}  be back in 20
[14:37] {Threei}  mmm... back
[14:37] {dino}    .
[14:38] {Threei}  (US) Fed's Bullard: Regulatory changes are far from complete; including those for GSEs (related FNMA XLF FMCC )
[14:38] {Threei}  you don't say
[14:51] {dino}  ges l .45
[14:54] {dino} dgit oww
[14:55] {dino} opened around 27 fi.
[14:55] {dino} fri.
[15:01] {Threei}
[15:02] {magoo} dino, how many shares GES?
[15:03] {nemo} VMW might be worth watching
[15:04] {dino} fl, stop is .34
[15:08] {dino} stopped
[15:09] {Threei}  watching DGIT for signs of snapback
[15:11] {nemo} support I have for dgit under this is around 12.50
[15:11] {dino} magoo, just fired up old router
[15:16] {dino} pretty brital for 10% mi8ss
[15:27] {magoo} i see it works fine now lol
[15:27] {jfjf64} back  all
[15:27] {nemo} oh joy
[15:27] {jfjf64} did i miss much
[15:27] {jfjf64} lol
[15:27] {nemo} nope
[15:29] {Threei}  AONE...
[15:30] {Threei}  this is interesting
[15:30] {dino} it's fine, logged off netbook
[15:31] {Threei}  Market Internals update at 15:30ET
[15:31] {Threei}  - NYSE volume 505M shares, about 37% below its three-month average; decliners lead advancers by 3.1:1.
[15:31] {Threei}  - NASDAQ volume 1.23B shares, about 25% below its three-month average; decliners lead advancers by 3.3:1.
[15:33] {jfjf64} vad just srarted using intelliscan is it possible to link into my platform im using   cybertrader     charles swarb
[15:33] {Threei}  should be
[15:33] {Threei}  try usual linking
[15:34] {Threei}  doubleclick on any line in alert window
[15:34] {Threei}  window will appear with crosshair
[15:34] {Threei}  grab it with your mouse, drag and drop into window you want to link
[15:34] {Threei}  it should change quote to that name in the alert
[15:35] {Threei}  ever since till the end of the day any doubleclick should send the alert to that same window
[15:36] {jfjf64} wow
[15:37] {jfjf64} it worked
[15:37] {jfjf64} good stuff
[15:37] {Threei}  lol... you sound surprised
[15:37] {jfjf64} will it save it   or  do i hv  to change  everyday
[15:40] {Threei}  this linking must be establishged every day
[15:40] {jfjf64} ty
[15:41] {Threei}  the rest of your layout - just save it manually if you change something, to make sure you don't have to change it again
[15:41] {jfjf64} can be put into more then  1 spot
[15:41] {Threei}  no
[15:41] {Threei}  but if your software allows internal linking, it will work
[15:42] {Threei}  i.e, if you can link Level2, T&S and chart,
[15:42] {Threei}  and link scanner to one of them,
[15:42] {Threei}  all three will change
[15:42] {Threei}  this is what we do with Laser
[15:42] {dino} chbt blood
[15:42] {jfjf64} yup
[15:43] {jfjf64} ahhh  nice  nice
[15:43] {jfjf64} going  to  look  into  laser
[15:44] {jfjf64} psa  c/h
[15:44] {Threei}  careful... it can be blinding
[15:44] {jfjf64} ??
[15:44] {Threei}  laser... look into it...
[15:44] {jfjf64} laser
[15:44] {Threei}  wake up man
[15:44] {jfjf64} or  psa
[15:44] {jfjf64} ahh
[15:44] {jfjf64} lol
[15:44] {Threei}  on second though... 15 min left, why wake up
[15:44] {Threei}  go back to sleep :)
[15:44] {jfjf64} ty
[15:45] {Threei}  DGIT
[15:45] {Threei}  if you want to try it for eod snapback, .30 break
[15:45] {Threei}  if holdng .20
[15:45] {Threei}  be warned, it's 50/50
[15:45] {Threei}  if loses .20, recross
[15:46] {jfjf64} game on
[15:58] {Threei}  dog with fleas
[15:58] {jfjf64} yuk
[15:59] {dino} tomorrow it bounces
[16:00] {Threei}  thank you all, not bad day actually
[16:00] {Threei}  inactive, granted, but trades worked
[16:01] {Threei}  have a good evening, see you tomorrow