Thursday, December 30, 2010

Dec 30 2010

Session Time: Thu Dec 30 00:00:00 2010
[08:47] {magoo} morning
[08:47] {Threei}  astute observation
[08:47] {magoo} lucky guess
[08:57] {magoo} APC vd. news
[08:58] {Threei}  nadarko Petroleum Corp Strength attributed to Daily Mail article asserting BHP is lining up a $90 a share cash offer- Note that in early September, The Australian newspaper suggested without citing sources that BHP was looking to acquire Anadarko.
[09:02] {Threei}  4.2 earthquake in Indiana
[09:03] {RonS} Touchdown Jesus fall from its pedestal?
[09:03] {Threei}  think it would be just 4.2?
[09:04] {RonS} hehe
[09:06] {magoo} news CHGS vad?
[09:06] {Threei}  is it right symbol?
[09:06] {magoo} yup
[09:07] {Threei}  yeah... dunno, my news systen has no recognition for it
[09:07] {RonS} China GengSheng Minerals Receives 2011 Fracture Proppant Orders Totaling $5.4 M From AMSAT Intl       12/21 06:00 AM
[09:07] {Threei}  ty Ron
[09:08] {Threei}  and mags, what's with this unrestrained childish curiosity in the morning?
[09:08] {magoo} uh, im working like every morning
[09:08] {RonS} Buyers have flooded into the shares of China Gengsheng Minerals (CHGS:$2.6400,$0.5300,25.12%) in late U.S. pre-market trade, goosing the shares north from 3.09 to a recent high of 5.16. No news on the stock, but it's likely among a group of rare earth mining companies thought to benefit from China's move to cut its rare earth exports. Price: 4.81, Change: +2.
[09:09] {Threei}  mania in full bloom
[09:09] {Threei}  any stock with "rare earth" in profile doubles before anyone actually bthers to read what it acrually does
[09:09] {Threei}  if anything
[09:10] {Threei}  I guess it's not as ridiculous as Pokemon mania of 99, but will end just as badly :)
[09:10] {harth} Morning crew:)
[09:11] {Threei}  harth :)
[09:11] {magoo} harth:)
[09:11] {RonS} harth:)
[09:15] {dino} gm all
[09:16] {Threei}  dino :)
[09:17] {dino} chgs, china mineral surge on rare min. play
[09:17] {magoo} scrowl up
[09:18] {dino} osn too
[09:20] {Threei}  hehe
[09:20] {Threei}  typical mania
[09:25] {stewy} morning everyone
[09:25] {Threei}  stewy :)
[09:25] {Threei}  so... let's see if we can catch a pullback entry on these two?
[09:25] {Threei}  warnong, it's a risky business
[09:29] {magoo} europe red today, so lets not forget short side
[09:31] {ese} gm
[09:31] {Threei}  ese :)
[09:32] {Threei}  REE
[09:33] {Threei}  late... 15 was it
[09:33] {magoo} SHZ down
[09:34] {jfjf64} MORNIN
[09:34] {Threei}  jf :)
[09:34] {Threei}  ugh REE
[09:36] {Threei}  CHGS turn, it seems
[09:39] {jfjf64} xing
[09:39] {jfjf64} was in .38
[09:39] {jfjf64} left.48
[09:39] {jfjf64} grrrrrrrr
[09:39] {jfjf64} not bad
[09:39] {jfjf64} couple cents
[09:40] {Threei}  XING acquired some zinc company recently
[09:40] {Threei}  so I guess irt qualifies now :)
[09:42] {dino}  oxps l .54
[09:43] {Threei}  wow
[09:43] {Threei}  SPY
[09:43] {jfjf64} crazy  wick
[09:43] {Threei}  chicago numbers got out
[09:43] {RonS} early releas of chi pmi...
[09:43] {Threei}  yes
[09:44] {dino} amap hooker
[09:45] {Threei}  CHGS sharp pullback
[09:46] {dino} amn luv
[09:46] {Threei}  (US) DEC CHICAGO PURCHASING MANAGER: 68.6 V 61.0E
[09:47] {nemo} apc support
[09:48] {Threei} Long Setup:  REE  .80 break
[09:48] {Threei}  half lot
[09:48] {Threei}  if stays above .70
[09:49] {Threei}  no go
[09:50] {Threei}  let's wait for better pullbacks
[09:50] {jfjf64} yuppppppppppp
[09:53] {dino} ceph sm l .85
[09:54] {Threei}  REE, something around .20 - .30 will get me interested again
[09:58] {Threei}  .31... lol
[09:58] {Threei}  not that I got in
[09:58] {nemo} wuss
[09:58] {Threei}  that's me
[09:58] {nemo} are what you eat
[09:59] {nemo} aig pullback
[09:59] {Threei}  me is bacon then...
[10:02] {Threei}  *(US) NOV PENDING HOME SALES M/M: 3.5% V 0.8%E; Y/Y: -2.4% V -22.4% PRIOR
[10:05] {Threei}  wow
[10:09] {Threei}  weird day so far
[10:09] {Threei}  can't find squat
[10:09] {dino} ya think
[10:09] {Threei}  I don't
[10:09] {Threei}  not as a rule :)
[10:11] {harth} is this typical holiday week behavior?
[10:11] {nemo} yep
[10:12] {Threei}  very much so
[10:12] {nemo} volumes so low one di#$he@!  with an algo program can affect the whole market
[10:26] {ese} agreed nemo
[10:32] {magoo} nat gas numbers out
[10:32] {magoo} lil light
[10:33] {Threei}  - NYSE volume 105M shares, about 54% below its three-month average; decliners lead advancers by 1.1:1. - NASDAQ volume 250M shares, about 46% below its three-month average; advancers lead decliners by 1.1:
[10:39] {stewy} .
[10:40] {ese} check out the UAL daily.....bounced off the 200ma yesterday......this has some up potential over the next little while
[10:42] {dino}    msb sm l .35 gappy
[10:48] {ese} L chk .25
[10:55] {dino}  ceph stopped -.22
[10:56] {ese} hmmmm wondered how that was going for ya
[10:57] {dino} not well
[11:01] {Threei}  severe lack of oil
[11:02] {Threei}  -1.25M V -3.ME
[11:02] {ese} out chk .265 +.015
[11:02] {ese} goin nowhere fast
[11:03] {Threei} Short Setup: AIG  .50 break
[11:03] {Threei}  if stays under .60
[11:06] {magoo} in
[11:06] {magoo} target?
[11:06] {magoo} .27?
[11:06] {Threei}  around .30, yes
[11:07] {Threei}  REE selloff
[11:07] {magoo} CHGS selloff
[11:07] {Threei}  no go
[11:08] {Threei}  I hate today
[11:08] {ese} understatement
[11:09] {ese} where do you make money around here......i'm up $2.71 on the day so far.......another 300 trades should do it
[11:10] {Threei}  well, the real question then is, where do you spend it not causing inflation
[11:10] {magoo} ill tell u what, its hindsite, but millions to be madse short on REE MCP CHGS
[11:10] {magoo} SHZ
[11:10] {ese} egggzactilly
[11:10] {Threei}  ahhh
[11:10] {Threei}  now we know
[11:11] {dino} ceph big rinse
[11:11] {Threei}  (boy, do I abuse magoo's inability to slap)
[11:11] {magoo} and i know u changed my mIRC password,
[11:12] {ese} true eh......
[11:12] {Threei}  well, I showed you how to change it back :)
[11:12] {magoo} NO WORK
[11:12] {Threei}  so, your fate is in your own hands
[11:12] {magoo} we got to figure it out to
[11:12] {magoo} mibbit hurting my trading
[11:12] {Threei}  find that frikin file, lol
[11:13] {Threei}  it's on YOUR computer
[11:13] {magoo} what if i was nbewbie in room???just resett the bastard
[11:14] {ese} rotflol.........
[11:14] {Threei}  want me to try again over the weekend?
[11:14] {magoo} YES
[11:14] {Threei}  ok
[11:14] {magoo} give it any freakin password u want
[11:15] {nemo} tck
[11:16] {ese} long or short nemo?
[11:16] {nemo} l
[11:16] {Threei}  no mags
[11:16] {Threei}  it must be your old password
[11:17] {Threei}  because you can't change it in ytour mirc
[11:17] {Threei}  so we have to make a server recognize what your mirc has
[11:18] {nemo} thinking retrace to support at .70
[11:19] {nemo} only thing, it
[11:19] {nemo} it's right around vwap now, going into lunch the day before New Years
[11:19] {nemo} could be range bound here for awhile
[11:20] {nemo} vad, chgs, db or additional drop?
[11:21] {Threei}  drop, IMO
[11:21] {ese} chgs continuing to drop
[11:22] {Threei}  hey, I was right about something today
[11:22] {nemo} check that with your wife
[11:22] {Threei}  no need, I know the answer
[11:23] {Threei}  "other than chosing a spouse, you haven't been right about anything anywhere anywhen anyhow"
[11:23] {Threei}  but I know better - I was also right when chosing favorite kind of bacon
[11:24] {ese} lol
[11:24] {ese} .70 and dropping
[11:25] {nemo} .65 is pivot support
[11:26] {nemo} fcx still dropping
[11:26] {magoo} man igf called AIG long .50 vad ud be a hero
[11:26] {ese} 2.00 drop mags chgs........your right there tons of money to made
[11:26] {Threei}  and if my grandmother had wheels...
[11:26] {ese} drop from the high
[11:27] {nemo} I was looking at aig there too
[11:28] {Threei}  so why didn't you omniscient folks simply fade the setup when .60 was hit?
[11:28] {nemo} what are you talking about, aig?
[11:28] {Threei}  yeah
[11:29] {Threei}  and don't tell me that I am curt today, because I am curt always
[11:29] {Threei}  juniper berries, you know...
[11:30] {ese} nice move aig for sure
[11:34] {magoo} nkice bounce CHGS
[11:36] {ese} yup
[11:47] {ese} l chgs .55
[11:47] {jfjf64} just  got  backkk miss anythin
[11:48] {magoo} dont u see the 120k offer
[11:48] {magoo} edgex
[11:48] {magoo} @ 4.609
[11:49] {magoo} might not be real
[11:49] {magoo} but
[11:50] {ese} you talkin about chgs mags
[11:50] {magoo} yes
[11:50] {ese} there it is
[11:56] {magoo} nice trade, i guess
[11:57] {ese} out chgs.69
[11:57] {ese} +.14
[11:57] {dino}  gj
[11:57] {ese} i'll take it
[12:10] {ese} L shz .29
[12:18] {ese} aye.....but it's a garande pickle i've got myself into now isn't it?    roll those r's
[12:20] {dino} deep fried picle
[12:20] {dino} pickle
[12:20] {ese} yup
[12:20] {dino} ever have one? pretty good
[12:20] {ese} no never....deep fried?
[12:21] {dino} yeah, sweeping the east coast
[12:21] {ese} how in hells bells do you deep fry apickle
[12:21] {dino} pickle chips and spears
[12:21] {dino} some batter and throw in deep fryer
[12:21] {ese} whats a spear
[12:22] {dino} poickle spear, length of pickle cut in half or quarters
[12:22] {ese} go figer
[12:23] {ese} out on the west coast i think it's still marijuana......
[12:23] {dino} they deep fry hotdogs, oreos, candy bars, etc
[12:24] {ese} for sure.......i guess why not a pickle
[12:24] {dino} texas roadhouse and joes crab shack have them
[12:25] {ese} am gonna have to try one at some point.....
[12:25] {dino} joes shirts are funny, in big letters, "got crabs, we do"
[12:27] {ese} that is funny
[12:29] {ese} was a tv show here in canada called "Corner Gas"....guy ownes a restaurant and gas station,,,restuarant is called the Ruby Restaurant.......sign out front states......."eat at the Ruby and Get gas"....was a funny show
[12:31] {KSystems} Boo
[12:32] {ese} lol
[12:32] {Threei}  ks :)
[12:35] {Threei}  magoo
[12:35] {Threei}  tru to reconnect via mirc
[12:36] {dino} lol
[12:41] {ese} out .41 shz all 3k of it +.12
[12:42] {dino} nice
[12:42] {ese} makes my day......
[12:42] {ese} basically
[12:43] {ese} misjudged pullback....ut it worked out ok
[12:43] {ese} but
[12:43] {dino} what do you try to make a day es? if i may ask
[12:43] {ese} same as you ...
[12:43] {ese} try to ek out 4 to 6 hundred
[12:44] {dino} thx, i always thought you were blowing that away
[12:45] {ese} there are sometimes i can but not like the bottom of the mrkt 2 years ago when everything and it's dog was going up
[12:45] {ese} went nuts on drys fitb and hig.......was haveing a couple of days a month 15k
[12:46] {dino} wow
[12:46] {jfjf64} as long as im  + for week   jf  happy
[12:46] {dino} thats what i always say, flat or up
[12:47] {jfjf64} i found when i put # on what i want  to  make never  works
[12:47] {ese} was a 4 month period that really set me up.......but it was after i watched vads scalping video that the lights went on one day
[12:47] {jfjf64} anybody agree
[12:47] {dino} i like a target jf
[12:47] {ese} yup
[12:48] {jfjf64} me too
[12:48] {jfjf64}  take what it  gives
[12:48] {ese} agreed........don't have a specific number just a ...somewhere around
[12:49] {jfjf64} as long as ya follow  ya  rules  all good
[12:49] {jfjf64} its when i dont big trouble
[12:49] {jfjf64} lol
[12:49] {dino} imo, its all about the stops
[12:50] {jfjf64} how long  ya both  trading
[12:50] {ese} defintely about stops
[12:50] {dino} 11 years
[12:51] {dino} here about 4 years
[12:51] {ese} since dec 99
[12:51] {jfjf64} wow
[12:51] {jfjf64} thats  great
[12:52] {jfjf64} guess im newbie
[12:52] {jfjf64} 2 yrs
[12:52] {dino} how long jf? and how old are you
[12:52] {jfjf64} owe alot to  3i
[12:52] {jfjf64} and room
[12:53] {jfjf64} 2yrs trading
[12:53] {jfjf64} 46 yearsc old
[12:53] {dino} same, 3i taught me aloty. room keeps me disiplined
[12:53] {ese} have been with vad for about 3/4 years now......would be a hell of alot better off if i'v been with him in 99
[12:53] {dino} i'll be 46 in march
[12:53] {ese} i'd
[12:53] {Threei}  {magoo} who is this 3i you speak of so fondly?
[12:54] {ese} 55 tomorrow
[12:54] {dino} happy b-day
[12:54] {jfjf64} h bithday  ese
[12:54] {ese} tks
[12:55] {magoo} huh?
[12:55] {ese} were getting touchy feely mags
[12:55] {magoo} vad, u want me to try mIRC now?
[12:58] {dino} gold
[12:59] {Threei}  yes mags
[12:59] {Threei}  password is reset to your old one
[13:00] {jfjf64} what is mirc
[13:00] {ese} now thats funny
[13:01] {jfjf64} ??
[13:01] {jfjf64} microphone
[13:01] {Threei}  lol
[13:01] {Threei}  software to connect the room
[13:02] {jfjf64} mibbet
[13:02] {jfjf64} i dont  hv software
[13:02] {Threei}  if you are OK with mibbit, stay with it
[13:03] {jfjf64} i hate  mibbet
[13:03] {jfjf64} what is other option
[13:03] {Threei}  then install mirc, there is a detailed instruction on the site
[13:03] {jfjf64} you guys arent all talkin liveare ya
[13:04] {Threei}  no, lol
[13:04] {Threei}  still typing
[13:04] {ese} lol
[13:04] {jfjf64} im  glad  im  makin ya all lol
[13:04] {jfjf64} ese  you  use  micr
[13:05] {jfjf64} what bout  ya dino
[13:05] {dino} mibbit'
06[13:05] * magoo sticks out his tongue and points at Threei
[13:05] {jfjf64} im happy with it
[13:06] {ese} mibbit
[13:06] {magoo} I like mibbit it always shows pics of hot chicks at the top
[13:06] {ese} or whatever the h this is
[13:06] {jfjf64} magoo is a  micr  type
[13:06] {ese} thats why i like it
[13:07] {ese} also gives you the best dating sites in the US
[13:07] {ese} perfect for nemo
[13:07] {KSystems} Yeah, its a feature mIRC simply doesnt have
[13:07] {dino} lol
[13:07] {jfjf64} havnt  seen  my  girls  up  there lately
[13:08] {jfjf64} 3i  put  the  arm on em
[13:08] {ese} Like now..."Real Men Do It Herway"
[13:08] {ese} can't beat it
[13:10] {jfjf64} mags  havin trouble
[13:10] {nemo} perpetually
[13:11] {ese} lol
[13:11] {dino} he is trouble
[13:11] {jfjf64} nemo  ya a mibbet type
[13:11] {nemo} mirc man
[13:11] {ese} WHHHHAAAATT!!!!!!!!!!!!
[13:12] {ese} you mean you don't see those dating ads
[13:12] {jfjf64} aapl  going  lower
[13:12] {jfjf64} ??
[13:12] {nemo} ?
[13:14] {dino} drys filling dec gap
[13:15] {ese} don't have the guts to buy 20k of it anymore.....
[13:17] {dino} was thinking of swsinging some
[13:17] {ese} Is that barbie at the top of mibbit now or what the H is that ?
[13:17] {dino} mine has cloud hosting ad
[13:17] {ese} I may join you on that
[13:18] {ese} nope.....this is barbie laying on her back.........
[13:19] {ese} now heres a new one ""............International dating service.......Lava?   sheesh
[13:20] {dino} it's hot
[13:22] {ese} me thinks vad has alot of sweeping up to do today
[13:22] {Threei}  not going to
[13:22] {Threei}  let the world see you all in your dirty selves
[13:23] {ese} lol
[13:23] {ese} was never like this til i got to this board
[13:23] {Threei}  that's definitely magoo's fault
[13:23] {jfjf64} emm  direct  tv  ad  on  mine
[13:23] {jfjf64} comon
[13:23] {dino} of course
[13:24] {ese} hmmmmm  you don't wanna know this one.....says" Browse Photos Now"
[13:25] {jfjf64} boring  day  markey
[13:25] {jfjf64} market
[13:25] {ese} thats what mibbit is for
[13:25] {dino} wow only 1:25, feels like 4:00
[13:25] {jfjf64} lol
[13:26] {jfjf64} yup
[13:26] {jfjf64} cant belive only 1 30
[13:27] {dino} had a few lord chesterfield ales last night, pretty good
[13:27] {ese} lol
[13:27] {jfjf64} never tried
[13:27] {dino} yuengling makes it
[13:28] {jfjf64} ive been  enjoyin  black &tans
[13:28] {dino} i like them too, had a few last weekend
[13:30] {dino} sgg
[13:30] {dino} gap filled
[13:31] {nemo} aig drop
[13:33] {ese} went to my barber yesterday......he had a liquor table all set up......anything you wanted.....had a couple of rye and cokes......when i left couldn't tell if he'd done a good job or not........looks fine now though
[13:34] {dino} thats a nice idea
[13:34] {ese} was great
[13:34] {jfjf64} my  barber  samev thing
[13:35] {jfjf64} guess new  idea
[13:35] {dino} i have to switch barbers
[13:35] {jfjf64} get ya   drunk
[13:35] {jfjf64} cant tell if they  botched up
[13:36] {jfjf64} aig
[13:36] {jfjf64} you in  nemo
[13:36] {nemo} no, didn't read the bounce
[13:37] {dino} schw lod
[13:37] {ese} my guy legally changed his name from Glen to "Happy"   he'd had a few yesterday as well.....
[13:38] {jfjf64} you  better be careful ese
[13:38] {jfjf64} barber  named happy
[13:39] {jfjf64} 3i  ya  go  to  happy  also
[13:40] {Threei}  never
[13:40] {Threei}  I stay on "grim" side, with slight "sarcastic" shade
[13:42] {jfjf64} .65  aig  lots  of  support  earlir
[13:42] {jfjf64} mised  it
[13:43] {jfjf64} talkin  bout  happy  with  ese
[13:46] {Threei}  wacthing CHGS for eod run
[13:46] {ese} L shz .34
[13:46] {Threei} Long Setup:  CHGS  .60 break
[13:47] {Threei}  if stays above .50 of course
[13:47] {Threei}  not s scalp
[13:55] {dino} .
[14:02] {dino} .
[14:02] {jfjf64} zzzzzzzzzzzzzzzzzzz
[14:03] {dino} ctrp drop
[14:04] {nemo} fcx might be long here to .75-.80
[14:07] {jfjf64} dog w  fleas
[14:07] {jfjf64} chgs
[14:11] {magoo} am i here?
[14:12] {RonS} u a mibbet or hobbit?
[14:13] {dino} yes frodo
[14:13] {Threei}  frikin CHGS
[14:16] {magoo} im amazed it has NOT attempted a move up CHGS
[14:16] {nemo} anybody take fcx?
[14:16] {Threei}  still may
[14:16] {Threei}  you are on mibbit again?
[14:17] {magoo} yea
[14:17] {Threei}  OK, I've no idea what you are doing to screw it up... server is now back to the same sftate your mirc was configured for
[14:17] {magoo} remember whenb dawg could NOT get in room and we all were teasing him?? he flipped out and quit
[14:17] {Threei}  try to reinstall it all over maybe
[14:17] {magoo} i was thinking u guys having nie joke on me
[14:18] {magoo} look how long i was out lol
[14:18] {Threei}  if you follow instructions step by step, it works
[14:21] {ese} shz stopped .14-.20 &^%^%$^^&
[14:22] {RonS} we shoulda gone w/ ree...
[14:22] {magoo} email the "constructions" again please
[14:22] {magoo} kimism
[14:23] {dino} lol
[14:26] {RonS} msb blood
[14:38] {Threei}  "constructions" are at the bottom of
[14:55] {magoo} anything vad? trades that uis
[14:55] {Threei}  not my day to say frankly
[14:56] {Threei}  even when I see something, I doubt it's worth it... don't want to cause harm
[14:56] {magoo} well, call it for me only, im down somewhat
[14:57] {Threei}  you want to be down more then... OK
[14:57] {nemo} C&H on tck
[14:57] {magoo} well, give it best effort
[14:57] {nemo} higher low on fcx
[14:58] {Threei}  can't shake off feeling tyhat rare earthrs want to rally
[15:01] {magoo} is MBI rare earth?
[15:01] {Threei}  no
[15:01] {Threei}  finnie
[15:12] {dino}  oxps to .65 all dayer
[15:19] {dino} dadadadadadadaaadaaaa
[15:26] {RonS} nappy time here...still trying to shake this flu...see uze in the a.m.
[15:28] {stewy} take care, Ron
[15:28] {Threei}  take care ron
[15:28] {dino} cya ron
[15:29] {dino} oxps to .69
[15:32] {dino} to .71 hum dee dum, as pooh bear would say
[15:33] {dino} out ave .71, +.17
[15:36] {ese} i miss anything
[15:36] {Threei}  not by me
[15:36] {Threei}  I am useless today
[15:36] {ese} great conversation maybe
[15:36] {ese} mrkt open tomorrow at all
[15:38] {dino} all day
[15:42] {ese} EXXXXX celent!
[15:42] {dino} yeah right, will be slower than today
[15:43] {ese} couldn't hide the sarcasm in my voice eh?
[15:50] {dino} out sgg .88, +.53
[15:50] {dino} out sgg .88 +.53
[15:50] {dino} opps
[15:51] {Threei}  nice
[15:51] {Threei}  nice
[15:51] {dino} lol
[15:51] {Threei}  :)
[15:51] {Threei}  REE new highs
[15:54] {Threei}  Ok guys, empty day for me
[15:54] {Threei}  dunno why I bthered to wake up
[15:54] {Threei}  have a good evening, see you tomorrow
[15:55] {Threei}  will see how it goes, maybe we shirten the day
[15:55] {Threei}  shorten even
[15:56] {ese} cya tomorrow vad
[15:56] {dino} yes will will
[15:56] {stewy} good nite all
[15:57] {harth} cya Fri morn all!
[16:02] {dino} gn all