Wednesday, October 27, 2010

Oct 27 2010

Not very active but productive day, with 4 wins out of 4 calls. No interesting charts though - cookie-cutter stuff.

Session Time: Wed Oct 27 00:00:00 2010
[08:26] {jfjf64} mornin
[08:28] {Threei}  morning jf
[08:29] {jfjf64} had brad from trade ideas creat scan for me  workin rather nicely
[08:29] {jfjf64} you know the move i lk
[08:30] {Threei}  share?
[08:30] {jfjf64} ??
[08:30] {Threei}  I'll gladly look at it
[08:31] {Threei}  you know how to share configuration?
[08:31] {jfjf64} that ame trade yest
[08:31] {jfjf64} lookin for new high
[08:31] {jfjf64} next candle same high
[08:32] {jfjf64} no
[08:32] {jfjf64} dont know how
[08:32] {Threei}  right click on the window with that alert,
[08:32] {Threei}  in dropdown menu opick Collaboration
[08:32] {jfjf64} naa
[08:32] {jfjf64} not set up lk that
[08:32] {Threei}  new window will pop up, with long link in the middle
[08:33] {Threei}  copy it and paste it here
[08:33] {Threei}  or dcc to me
[08:34] {Threei}  what do you mean not set up like that? you do have a window with that new alert, don't you? :)
[08:34] {jfjf64} no
[08:34] {Threei}  huh?
[08:34] {Threei}  where do you get alerts from then??
[08:34] {jfjf64} they have some kind of new company
[08:34] {jfjf64} TIQ
[08:35] {Threei}  you confused me... does alert comes through scanner?
[08:35] {jfjf64} no
[08:36] {jfjf64} different server
[08:36] {Threei}  how do you get the alert?
[08:36] {jfjf64} nothig lk scanner that we have ect
[08:36] {jfjf64} it is scanner   1
[08:37] {jfjf64} min chart
[08:37] {jfjf64} little confusing
[08:37] {Threei}  can you just tell me how you get alert??
[08:37] {jfjf64} stil early
[08:37] {jfjf64} ihv windows set up
[08:38] {jfjf64} but know config
[08:38] {jfjf64} when i right click
[08:38] {Threei}  OK... can you ask Brad to send the link for scanner window} to you otr to me directly?
[08:38] {jfjf64} lk scanner  intalli scan
[08:39] {jfjf64} y
[08:40] {Threei}  tty
[09:01] {ese} morning
[09:01] {Threei}  ese :)
[09:01] {davd} gm all
[09:01] {ese} vad
[09:01] {Threei}  davd :)
[09:01] {ese} jf david
[09:02] {RonS} ese good day all
[09:02] {ese} ron
[09:02] {Threei}  ron :)
[09:03] {jfjf64} ese
[09:06] {ese} anything sticking out for you this morning vad
[09:07] {Threei}  BSDM
[09:08] {Threei}  BSDM Premarket strength attributed to Seeking Alpha (blog) note that suggests BSD could be a takeover target (3.94, 0.00, 0.00%)
[09:08] {ese} interesting move at the end of the day
[09:09] {Threei}  ADBE Adobe Systems Inc Reaffirms Q4 EPS $0.48-0.54 v $0.52e, R$950M-1.0B v $995Me (as given on 09/21) ahead of analyst meeting- Guides Q3 gross margin 37-38% - Guides FY11 Rev +10% y/y
[09:09] {dino} gm
[09:09] {ese} dino
[09:10] {Threei}  dino :)
[09:10] {Les} afternoon all
[09:10] {larisa} gm :)
[09:10] {Threei}  les, larisa :)
[09:11] {larisa} vad :)
[09:12] {ese} mornin laris
[09:12] {larisa} ese :)
[09:13] {ese} les
[09:13] {ese} almost missed ya there
[09:13] {magoo} morn, FFIV must have reported?
[09:13] {ese} yup
[09:14] {ese} beat and raised targets
[09:14] {larisa} BRCM happy
[09:15] {Threei}  FFIV Reports Q4 $0.79 v $0.72e, R$254.3M v $249Me; Announces $200M buyback
[09:15] {Threei}  BRCM Reports Q3 $0.60 (GAAP) v $0.71e, R $1.81B v $1.7Be
[09:15] {Threei}  - Guides Q4 R $1.8-1.9B v $1.8Be; Guides Q4 gross margin flat q/q (51.7% v 53.1% y/y)
[09:16] {ese} thought i saw somewhere this morning and upgrade for BRCM
[09:16] {ese} an
[09:17] {Les} RCL closing in on 40. Gonna get my breakdown today
[09:18] {ese} tsunami maybe
[09:28] {khaln} g morning
[09:28] {Threei}  khaln
[09:29] {Threei}  wow BRCM
[09:29] {Threei}  sharp drop full buck
[09:31] {Les} rcl sharp selloff
[09:31] {Les} not shorting it yet
[09:32] {Threei} Long Setup:  BRCM  .90 break half lot
[09:32] {Threei}  invalidated
[09:33] {Threei}  too deep pullback
[09:33] {Threei} Long Setup:  RIMM  .20 break
[09:33] {Threei}  half lot
[09:34] {Threei}  stop under .10 for scalpers
[09:34] {Threei}  55 day traders
[09:34] {Threei}  all have 1:1
[09:34] {Les} booyah ty
[09:35] {Les} out .39
[09:35] {Les} damn RCL getting dumped
[09:37] {Threei}  1:2 RIMM, out in full
[09:37] {dino} jny sm l .50
[09:37] {Threei} Long Setup:  RCL  .80 break
[09:38] {Threei}  half lot
[09:38] {Threei}  RIMM 1:3, without me
[09:38] {jfjf64} axp
[09:38] {jfjf64} grr
[09:38] {Threei}  RCL invalidated
[09:38] {jfjf64} missed
[09:39] {jfjf64} .10 break
[09:39] {Threei}  VVUS Citadel discloses 5.1% passive stake in VVUS - filing (6.66, +0.20, 3.10%)
[09:42] {dino} jny stopped
[09:43] {dino} itw sm l .85
[09:43] {Threei}  keep an eye on AXP here
[09:43] {Threei}  if market spikes through resistance, .40 break is long trigger
[09:44] {Threei}  forget it
[09:45] {Threei}  (US) PIMCO's Bill Gross releases Nov Investment Outlook:
[09:45] {Threei}  - They say a country gets the politicians it deserves or perhaps it deserves the politicians it gets. Whatever the order, America is next in line, and as we go to the polls in a few short days its incumbent upon a sleepy and befuddled electorate to at least ask ourselves, Whats going on here? Democrat or Republican, Elephant or Donkey, nothing much ever seems to change. Each party has shown it can add hundreds of billions of dollars to the national debt with little to show for it or move our military from one country to the next chasing phantoms instead of focusing on more serious problems back home. This isnt a choice between chocolate and vanilla folks, its all rocky road: a few marshmallows to get you excited before the election, but with a lot of nuts to ruin the aftermath.
[09:46] {Threei}  (US) Preview: Sept New Home Sales due out at 10:00ET
[09:47] {Les} s rcl .59 stop above 40 small shares
[09:47] {Threei} Long Setup:  AXP  .40 break
[09:47] {Threei}  half lot
[09:48] {Threei}  .30 and .25, for scalpers and day traders
[09:49] {Threei}  scalpers 1:1
[09:49] {Threei}  day traders 1:1
[09:52] {magoo} nice bounce brcm
[09:53] {Threei}  this pullback into support should be buyable
[09:53] {Threei}  yeah, it was
[09:53] {Threei}  lol
[09:53] {Les} h&s ccl
[09:57] {Threei}  AXP 1:2
[09:57] {Threei}  out
[09:57] {jfjf64} cmcsk
[09:57] {jfjf64} .23 break
[09:58] {Les} rcl stopped +.15
[09:59] {Les} indexes look ready to break
[09:59] {Threei}  not sure about that
[09:59] {ese} out entr .78 +.20
[10:00] {Threei}  numbers
[10:00] {ese} 9k of the little buggars
[10:00] {Threei}  *(US) SEPT NEW HOME SALES: 307K V 300KE (% M/M)
[10:01] {Threei} Short Setup: RIMM  .50 break
[10:01] {Threei}  if stays under .60
[10:01] {Threei}  1:1
[10:04] {dino} insu sm l .50 break
[10:04] {jfjf64} altr
[10:06] {dino} jny db in making
[10:07] {Les} q's strongest index. rolling over IMO
[10:09] {Les} s ccl .19 stop above .30
[10:09] {Threei} Short Setup: FCX  .25 break
[10:09] {Threei}  half lot
[10:10] {dino} jny sm l .00
[10:10] {jfjf64} out altr
[10:10] {Threei}  invalidated
[10:11] {dino} stop is .79 jny
[10:13] {ese} l amln .93
[10:15] {ese} out amln .06 +.13
[10:15] {Threei} Long Setup:  LVS  41 break
[10:16] {Threei}  BRCD Hearing Pacific Crest making positive comments (14.37, +0.11, 0.77%)
[10:16] {Threei}  MON Hearing Dealreporter speculates BASF could be interested in MON (59.12, +0.14, 0.24%) (related BAS.GE )
[10:16] {magoo} i like BRCM, just cant reenter
[10:17] {jfjf64} jf  wants to cut rist with bananna
[10:17] {Threei}  want its little brother BRCD?
[10:17] {Threei}  just 1 letter difference
[10:18] {magoo} no, his nose runny
[10:18] {Threei}  ok... will tell him to grow up
[10:18] {Threei}  Preview: DOE (EIA) Petroleum Inventories due at 10:30ET
[10:18] {jfjf64} altr  pull bk
[10:22] {jfjf64} nother leg dn 3i
[10:25] {Threei}  on what?
[10:25] {jfjf64} altr
[10:26] {jfjf64} comon
[10:26] {jfjf64} wake up
[10:26] {ese} jny?
[10:26] {ese} L jny .09
[10:27] {ese} looks to me like guidance is higher..........
[10:27] {Threei}  what's your definition of being wake up I want to know...
[10:27] {Threei}  1 hour into trading days, 7 calls
[10:27] {magoo} MKTS rotting
[10:27] {Threei}  3 of them triggered, all 3 are winners
[10:27] {jfjf64} dont get so seriuos
[10:28] {Threei}  me?? serious??
[10:28] {jfjf64} lol
[10:28] {Les} SHOW ME THE MONEY!!!
[10:28] {Les} :)
[10:28] {Threei}  I am serious about one thing only
[10:28] {Threei}  bacon
[10:28] {jfjf64} .50  looks  lk  the spot
[10:28] {Les} that you need to give up vad
[10:28] {ese} EGZACTLY!!!!!!1    thats just not good enough vad........greed is good we want more
[10:28] {jfjf64} resistance earlier
[10:28] {jfjf64} bam
[10:28] {Threei}  now you are trying to do a standup
[10:28] {Les} or you won't be here to lead us in 20 years time
[10:28] {Threei}  hopefully not
[10:29] {ese} lol
[10:29] {Threei}  20 years without bacon - who needs that
[10:29] {Les} stopped ccl +.05 bounce time
[10:30] {magoo} today feels like "the " day to crush mkts
[10:30] {Threei}  DOE CRUDE: +5M V +1ME
[10:30] {Threei}  GASOLINE: -4.4M V 0.0E; DISTILLATE: -1.6M V -1ME
[10:30] {ese} one of these days mags.......looking at index dailys last night and things sure are looking toppy
[10:30] {Les} I know TZA aint your thing vad, but its setting up nice c&h if market drops here
[10:31] {Threei}  EUR/USD Dealer chatter that European central bankers are wary of any Fed QE2 measures
[10:31] {Threei}  who isn't
[10:31] {Les} yeh dealers are a naive bunch
[10:31] {Threei}  TZA support is .65
[10:31] {Threei}  if it gets there, I'd look for entry
[10:32] {Les} not the break?
[10:32] {Threei}  that's likely to be a struggle
[10:32] {Les} damn ccl rolls over and dies on me
[10:33] {ese} L arba .74 and change
[10:33] {Threei}  - Europe doubts the effectiveness of QE2 measures while other might fear the aftermathh of its implementaion
[10:33] {Threei}  - ECB would rather have Gov't maintain their pledges on FX rather than intervene
[10:34] {Les} well they're frikin naive too
[10:35] {ese} dino.......mav? for jny
[10:37] {Les} Vad CCL 42 b/d?
[10:38] {Threei}  this moment is highly uncertain: doubl;e nottom or breakdown
[10:38] {Threei}  market overall I mean
[10:38] {Les} maybe bounce first?
[10:38] {Les} yeh good to double check
[10:38] {Threei}  my personal gut feeling, db
[10:38] {dino} jny 15.60
[10:38] {Les} market feels different from yesterday
[10:38] {Threei}  watching RIMM for .50 break if that what happens
[10:39] {magoo} im leaning short today, just my feel
[10:40] {Threei} Long Setup:  RIMM  .45 break
[10:40] {Threei}  if stays above .35
[10:40] {Threei}  aggressive entry for .50
[10:40] {Threei}  see ARCA order?
[10:40] {Threei}  there
[10:41] {Threei}  1:1
[10:41] {Threei}  1:2
[10:41] {Threei}  nice and easy
06[10:41] * Threei pats himself on the back
06[10:42] * Threei promises his gut additional piece of bacon
[10:42] {Les} don't dislocate yourself
[10:43] {ese} caaamon arba......molto viagio!!!!!    more go
[10:43] {ese} logged on to that to late vad
[10:44] {jfjf64} ty
[10:45] {Les} course they will. they're all retired by 55
[10:46] {Les} have huuuge respect for Portugese construction crew building this apartment complex
[10:47] {dino} jll
[10:47] {Les} 3+ years. +30 degrees to -10 degrees they work 7am to 5pm
[10:47] {Les} huge slap in the face to tell them to work an extra 3 - 4 years
[10:47] {dino} 3 years to build?
[10:47] {Les} 4 buildings
[10:48] {Les} damn vad you got your db
[10:48] {Les} ccl would have stopped me out if I'd gone for aggressive .05 short
[10:55] {ese} heres a good one:Argentina stocks trading higher after the sudden death of former President Nestor Kirchner, whose wife Cristina Kirchner is the current President
[10:56] {ese} brutal.........
[10:56] {Les} bit of an ego killer yeh
[10:56] {ese} nice to be loved
[10:56] {Threei}  lol
[10:57] {Les} s CCL .14 stop above .25 smallish shares
[10:57] {ese} vad you've probably seen alot of this.....positive country ood every time someone in the Politburo died........
[10:57] {ese} mood
[10:57] {Threei}  lol
[10:58] {Les} $RUT seeing big selling vol.
[10:59] {ese} arba stopped .55 daaaaaaaaa -.18
[11:00] {Les} coverd ccl +.14
[11:00] {Les} unsure of bounce or death here
[11:00] {Threei}  mags, looks like your crash view is about to come true
[11:00] {Les} so mags and vad were both right
[11:00] {Threei}  market feels like holding by fingertips
[11:01] {magoo} just a feel
[11:01] {Threei}  that's what day raders do les...
[11:01] {Threei}  live in the moment
[11:01] {Threei}  there is only Now
[11:01] {Threei}  past passed, future doesn't exist yet
[11:01] {Threei}  here we go
[11:01] {Threei}  fingers let go
[11:03] {dino} 1165 s/p gap 10-19
[11:06] {magoo} caught rimm sh .49 to here .11
[11:06] {magoo} ty vad
[11:06] {Les} s ccl .98 small for a day trade. letting it run
[11:07] {Threei}  good catch mags
[11:07] {Threei}  ese
[11:08] {Threei}  snow in Saskatchewan
[11:08] {magoo} i luv saskat
[11:08] {magoo} greatest whitetail hunting
[11:08] {dino} sm l jll .50
[11:12] {ese} it's about that time for sure
[11:16] {ese} mags you been to saskatchewan
[11:18] {magoo} 15 times
[11:18] {magoo} want to
[11:19] {Les} serves him right
[11:19] {RonS} hehehe
[11:19] {Les} {--------- slams the door in Nemo's face, locks the bolt and grabs the shotgun
[11:19] {dino} jll to .45
[11:23] {magoo} doesnt get any better than this lol (nemo)
[11:24] {Les} mibbit can have wicked sense of humour sometimes
[11:24] {nemo} that work?
[11:24] {nemo} Anybody out there?
[11:25] {Threei}  no
[11:25] {Threei}  why?
[11:25] {nemo} DH
[11:25] {nemo} I just installed MIRC on the new computer, so I'm making sure it works
[11:25] {davd} me, watching for a hold at 117.35 on the spy
[11:26] {Les} 17:19 *** nemo was kicked by ChanServ (You are not permitted to be on this channel.) 17:19 Les serves him right
[11:26] {davd} maybe he's on an iPhone?
[11:26] {Les} what did you buy Nemo?
[11:27] {nemo} a new computer
[11:27] {larisa} :)
[11:27] {Les} hardy hardy hardy
[11:28] {Les} Larisa, stop encouraging him
[11:28] {nemo} Hold on, I'll give you all the stats
[11:28] {Threei}  as if he needs encouragement
[11:28] {Threei}  I am yet to see discouraged nemo
[11:31] {dino} skx l .53
[11:31] {Les} Vad u got a playable setup on X?
[11:31] {Threei}  had
[11:31] {Threei}  at 40 break
[11:31] {Les} yeh I see it
[11:31] {Threei}  X marked that spot...
[11:31] {Les} I'm looking for short. obviously not now
[11:34] {nemo} Windows 7 Ultimate (x64) (build 7600)
[11:34] {nemo} 2.60 gigahertz AMD Phenom 9950 Quad-Core
[11:34] {nemo} 256 kilobyte primary memory cache
[11:34] {nemo} 1024 kilobyte secondary memory cache
[11:34] {nemo} 64-bit ready
[11:34] {nemo} Multi-core (4 total)
[11:34] {nemo} ASUS DVD-E616A3 ATA Device [Optical drive]
[11:34] {nemo} HP DVD Writer 640b ATA Device [Optical drive]
[11:34] {nemo} 3.5" format removeable media [Floppy drive]
[11:34] {nemo} 4096 Megabytes Usable Installed Memory
[11:34] {nemo} 500.11 Gigabytes Usable Hard Drive Capacity
[11:34] {nemo} NVIDIA GeForce GTS 250 [Display adapter] (3x)
[11:34] {nemo} Windows 7 Ultimate (x64) (build 7600)
[11:34] {davd} you in skx dino?
[11:34] {nemo} Oh, 4 fans liquid cooled
[11:35] {dino} y
[11:36] {nemo} That sufficient Les?
[11:36] {Les} overkill dude
[11:36] {nemo} Ask me how much I paid for it?
[11:36] {Les} will like to see your display adapter sometime
[11:36] {Les} how much?
[11:36] {Threei}  hey
[11:36] {Threei}  it's a family room
[11:37] {Les} have I said u r evil before vad?
[11:37] {nemo} Well, I have SLI memory that links the three video cards.  I can run up to six monitors
[11:37] {nemo} 500USD
[11:37] {Les} crap, 3 cards!
[11:37] {nemo} Yep
[11:37] {Les} who did u steal it from?
[11:37] {nemo} Haven't gotten rid of the body yet
[11:38] {dino} fell off the truck
[11:38] {Les} fair enough
[11:38] {nemo} didn't put the body in a truck
[11:38] {nemo} Ordered some acid, hasn'
[11:38] {nemo} t come yet
[11:38] {nemo} Hazmat shipping ya' know
[11:39] {dino} jll to .71
[11:42] {dino} to .90
[11:42] {RonS} dino, just noticed skx reports amc
[11:43] {Les} got an account up and running yet Nemo?
[11:43] {dino} y ron
[11:43] {dino} jll to .97
[11:43] {dino} skx is scalp type
[11:44] {dino} to .10
[11:46] {dino} to .30
[11:48] {Les} vad, read on RIMM?
[11:48] {dino} to .50
[11:49] {dino} out jll .49 +1.99
[11:49] {nemo} sent money yesterday.  Should be soon
[11:50] {dino} hmmmm
[11:51] {dino} tough crowd
[11:51] {RonS} does lvs report amc?
[11:52] {Les} ha, sorry dino looking for good restaurants in France for tomorrow. gj
[11:52] {Les} JNY
[11:52] {dino} thx
[11:53] {Les} You still in JNY? your target is?
[11:55] {dino} .50 area
[11:56] {Les} ok l .11 sm shares stop under .90
[12:01] {ese} L cenx .04
[12:02] {Les} x read vad?
[12:02] {Les} .30 break?
[12:03] {Threei}  nah
[12:03] {Threei}  don't like it
[12:10] {Les} ccl .80 b/d?
[12:11] {Threei}  ugh
[12:11] {Threei}  yes
[12:11] {Threei}  sorry, was distracted
[12:12] {Les} so was I
[12:12] {Threei}  lol
[12:14] {dino} brk/b sm l .25
[12:16] {Les} vix +8%
[12:18] {Les} hmmm lower high JNY
[12:21] {dino} things stuck
[12:27] {dino} skx stopped
[12:30] {dino} mee
[12:34] {Les} ccl pivot support .73
[12:34] {Les}  looking for .70 b/d
[12:42] {Les} jny stopped
[12:44] {Les} s ccl .68 stop above .75
[12:44] {kowboy} ntrs no bounce yet
[12:46] {Les} ?
[12:46] {Les} 1 is enough
[12:54] {dino} ntrs sm l .25
[13:04] {RonS} Treasury sells $35 bln in 5-year debt at 1.33%       10/27 11:03 AM
[13:04] {Les} grabbed a bit of CCL short. outta here
[13:04] {Les} off to France tomorrow. c u's Friday
[13:05] {Les}
[13:05] {RonS} Indirect bidders buy 39.4% of 5-year sale       10/27 11:04 AM
[13:05] {Les} found me some french cuisine tomorrow. cheers
[13:05] {Threei}  take care Les
[13:05] {Les} oh vad
[13:05] {davd} au revoir
[13:05] {Les} friend of mine telling me about visit to russia
[13:05] {RonS} dont' choke on a snail Les
[13:05] {larisa} bye les :)
[13:06] {Les} sells medical devices to hospitals
[13:06] {Les} and he says they're all frikin vodka drinkers
[13:06] {davd} don't get caught in a riot
[13:06] {Threei}  no way
[13:06] {RonS} lol dave
[13:06] {Threei}  it can't be
[13:06] {Les} 11am the doctors are already in to vodka
[13:06] {Threei}  russians and vodka? never
[13:06] {Les} 11AM!
[13:06] {Threei}  hmmm... they are really late for work
[13:06] {Les} what it is the stuff? a miracle tonic?
[13:07] {RonS} rotflol
[13:07] {Les} ciao
[13:07] {Threei}  just something against the thirst
[13:07] {dino} sometimes yes les
[13:13] {ese} out cenx ..16 +.12
[13:13] {ese} falling asleep
[13:13] {magoo} oldie but a goodie here .."vad, we in anything?"
[13:13] {ese} still L jhy
[13:14] {Threei}  ummm
[13:15] {Threei}  took me a while to remember right answer
[13:15] {Threei}  COMA!
[13:18] {dino} y
[13:27] {dino} skx rinsed
[13:29] {dino} ntrs to .45
[13:31] {dino} ty kowboy ntrs
[13:31] {kowboy} yw dino I was out too early
[13:31] {dino} out +.20
[13:40] {ese} been a good day from my point of view....but gotta go.....cya tomorrow
[13:41] {Threei}  take care ese
[13:41] {RonS} ...have fun Mitch...
[13:41] {RonS} ...Mitch Miller time...
[13:49] {dino} cya es
[13:53] {dino} slow afternoons still
[14:12] {Threei}  (US) US and South Korea finish free trade pact talks with no agreement
[14:13] {magoo} so are we going to war against s. korea then ? lol
[14:14] {Threei}  well,
[14:14] {Threei}  - Trade talks surrounded the beef and auto trade
[14:14] {Threei}  so unless they give up their cows and cars...
[14:20] {nemo} to try and kill something
[14:26] {dino} gl
[14:32] {dino} jny to .15
[14:36] {dino} to .19
[14:37] {dino} out +.19'
[14:40] {Threei}  don't see news for this spike
[14:40] {dino} itw to .95
[14:41] {dino} brk/b to .35
[14:42] {dino} rally
[14:45] {dino} brk/b to .45
[14:45] {dino} itwvto .00
[14:46] {jfjf64} watchin altr
[14:47] {jfjf64} .20 break
[14:47] {dino} out brk/b +.20
[14:47] {jfjf64} hold .15
[14:48] {dino} have to leave early. thx all, good time
[14:48] {dino} out itw .01, +.16
[14:49] {jfjf64} invalid
[14:53] {jfjf64} ree
[14:55] {Threei}  take care dino
[14:57] {magoo} vad, if IF mkts roll over last hour, candidates?
[14:58] {Threei}  down?
[14:58] {magoo} of course
[14:58] {magoo} if IF mkts roll over last hour,
[14:59] {Threei}  RIMM
[14:59] {Threei}  ALTR
[15:10] {jfjf64} mmr
[15:13] {magoo} bidu sh now loss .00
[15:13] {magoo} risky
[15:14] {magoo} crap..hit .89 in sec
[15:16] {magoo} ok, good
[15:16] {magoo} d
[15:17] {magoo} .11 stop
[15:17] {larisa} with BIDU you can say good, bad, and blink once, all in 1 sec :)
[15:26] {RonS} pomo a.m. again...
[15:37] {jfjf64} c/h
[15:37] {jfjf64} mchp
[15:37] {jfjf64} nice vol
[15:51] {Threei}  I don't see any signs of reversal
[15:51] {Threei}  intraday that is
[15:51] {Threei}  finishing at the high
[15:51] {magoo} no, unbelievable mkt strength really
[15:52] {magoo} dip nbuyers alive and well
[15:52] {Threei}  feels like election will be the nearest decision point for the market
[15:52] {Threei}  plus next day QE2 decision
[15:53] {Threei}  i=until then we either climb or simply stay locked
[15:53] {magoo} im not a bear, but we havent had any significant retreat
[15:53] {Threei}  well, everyone was so sure it was time for one
[15:53] {Threei}  that it was rather obvious it was not going to happen :)
[15:54] {magoo} well, the longer it does not happen as whats been going on
[15:54] {magoo} the more people think we nree one
[15:54] {magoo} so in that concept
[15:54] {magoo} never retreats
[15:55] {Threei}  no
[15:55] {Threei}  at some point opposite happens
[15:55] {Threei}  skeptics give up and say, yep, it's for real, up we go
[15:55] {Threei}  and buy in, and recommend buying
[15:55] {Threei}  and that's when last spike occurs
[15:56] {Threei}  trapping last echelon
[15:56] {Threei}  and leaving them to hold the bag
[15:56] {Threei}  it's all about pain teshold
[15:56] {magoo} well, all the media heads now expect mkts to sell the news of election and qe2
[15:57] {magoo} so should not happen since they have not given up
[15:57] {magoo} meanin rally into november
[15:57] {Threei}  if that's what majority expects and position themselves accordingly, then it won't happen
[15:57] {Threei}  it simply can't
[15:58] {Threei}  because if they all sold in that expectation, who is left to sell?
[15:58] {Threei}  but I don't see that in charts
[15:58] {Threei}  I see sustained buying
[16:01] {Threei}  tank you all
[16:01] {Threei}  have a good evening, see you tomorrow
[16:01] {magoo} tank u