Session Time: Fri Dec 31 00:00:00 2010
[09:08] {Threei} yawn
[09:09] {Threei} I see most everyone decided to sleep into New Year?
[09:13] {magoo} u see IMAX?
[09:13] {magoo} morning
[09:14] {Threei} no... my laser won't connect
[09:14] {magoo} really?
[09:14] {Threei} yours OK?
[09:14] {magoo} yup
[09:14] {magoo} got right in
[09:14] {dino} gm all
[09:14] {magoo} imax up 6
[09:14] {Threei} max Corp There is a rumor that Sony could be interested in Imax and willing to pay more than $40/share (at least a 49% premium to the prior close) - Daily Mail- Separate reports out of US financial media indicate that Disney may also be interested in bidding for IMAX.
[09:14] {Threei} dino :)
[09:15] {dino} takeover rumors
[09:15] {dino} uam buyout
[09:16] {dino} kicking myself for not holding sgg
[09:19] {Threei} mags, can you look up IP address for connector for me?
[09:20] {stewy} gm everyone
[09:20] {Threei} stewy :)
[09:22] {stewy} happy b-day, ese
[09:23] {Threei} morning ese, happy birthday!
[09:25] {dino} happy bday
[09:25] {magoo} yes, were vad?
[09:26] {Threei} Quote - Login Server Setp
[09:26] {Threei} number in the window next to Executor
[09:26] {Threei} top left corner
[09:26] {magoo} 15805
[09:26] {Threei} ty
[09:27] {magoo} work?
[09:27] {Threei} no
[09:27] {jfjf64} mornin
[09:27] {Threei} but I have reserve one up and running
[09:27] {Threei} jf :)
[09:27] {Threei} so at least got quotes now
[09:27] {magoo} executor 76.8.64.4
[09:28] {harth} Mornin crew:)
[09:28] {Threei} harth :)
[09:29] {RonS} g'day y'all
[09:29] {Threei} Ron :)
[09:31] {ese} mornin
[09:31] {Threei} brthday boy woke up
[09:32] {Threei} great
[09:33] {Threei} see what I typed
[09:33] {Threei} Long Setup: MCP .50 break small shares
[09:33] {Threei} looked up and it was .70
[09:33] {Threei} anyway, see if pulls back just under .50
[09:33] {Threei} for the second chance
[09:33] {Threei} small shares!
[09:33] {Threei} here it is
[09:33] {Threei} same setup
[09:34] {Threei} if stays above .35
[09:34] {Threei} 1:1
[09:34] {Threei} and more
[09:34] {Threei} 1:2
[09:34] {jfjf64} WELL DONE
[09:34] {Threei} you took it?
[09:35] {jfjf64} no
[09:35] {Threei} grr
[09:35] {magoo} IN
[09:35] {Threei} gj
[09:35] {Threei} just don't let it evaporate
[09:37] {Threei} iksplozhion
[09:37] {Threei} (I hope I spelled it right)
06[09:38] * Threei envisions Raven fainting
[09:39] {Threei} Long Setup: REE .10 break half lot
[09:39] {Threei} stop .95, ratger about .40
[09:39] {jfjf64} in .10
[09:39] {Threei} target
[09:39] {jfjf64} jumpes
[09:39] {magoo} in ree out MCP .42
[09:39] {magoo} + buck
[09:39] {magoo} TY
[09:39] {Threei} welcome sir
[09:40] {Threei} thank you for validating my waking up today
[09:40] {magoo} anytime
[09:40] {Threei} lol
06[09:40] * Threei slaps magoo around a bit with a large roll of cash
[09:40] {magoo} u knowe u call it...im in unless i miss it
[09:41] {magoo} out REE
[09:41] {Threei} MCP pulling back hard
[09:41] {magoo} .06 - .04
[09:41] {Threei} weighing on REE
[09:41] {Threei} need it around .60 - .70 to get intereasted again
[09:42] {magoo} futes hammered
[09:42] {magoo} vareful
[09:42] {Threei} no news for this market drop that I see
[09:45] {Threei} Short Setup: X .90 break
[09:45] {Threei} half lot
[09:48] {Threei} (CH) China may cut 2011 rare earth exports by 50% y/y - China Securities Journal (related REMX )
[09:48] {Threei} heh
[09:48] {Threei} these headlines are designed to warm up this mania
[09:48] {Threei} as it starts losing steam
[09:49] {Threei} 1:1 X
[09:50] {Threei} btw mags... make a screenshot of that MCP trade with full buck gain, print it and frame it
[09:51] {Threei} when this mania dies and they all go back to the bottom of the ocean, that will be your only proof they ever were that high
[09:51] {Threei} kind of like Pokemon mania stocks, KIDE and GRIN
[09:51] {Threei} no one even remembers symbols anymore, I am like dynosaur talking about T-Rex days
[09:51] {magoo} i need to learn hoew todo that,
[09:51] {ese} L zion .31
[09:52] {magoo} look imax crash
[09:52] {magoo} dammit
[09:52] {ese} make that .32
[09:52] {jfjf64} lvs
[09:52] {magoo} 3 point short
[09:52] {jfjf64} movin
[09:53] {Threei} Short Setup: CAT .50 break
[09:53] {jfjf64} in
[09:53] {magoo} in
[09:54] {Threei} stop is so embarassingly clear, I won't offend you by mentioning it
[09:54] {magoo} wheres the stopi
[09:54] {jfjf64} pls do
[09:54] {jfjf64} lol
[09:54] {Threei} {magoo} offend me, offend me
[09:54] {magoo} slap me slap me
[09:55] {Threei} above .60 for scalpers, .65 for day traders, and it's up to you to decide who you are
[09:55] {Threei} happy to oblige
[09:55] {jfjf64} ty
06[09:56] * Threei slaps magoo around a bit with a massive offensive explanation of where and how stops are placed
[09:58] {magoo} LVS
[09:59] {jfjf64} flat cat
[09:59] {magoo} out flat
[09:59] {jfjf64} lvs ragin
[10:00] {jfjf64} aig want higher
[10:02] {jfjf64} .10 break lvs
[10:02] {jfjf64} lol
[10:03] {RonS} lvs supposedly moving off this (but i don't understand it): http://tinyurl.com/298h88r
[10:03] {stewy} drys swimmin upstream
[10:05] {dino} sndk sm l .72
[10:08] {Threei} CAT 1:1 for day traders
06[10:08] * Threei slaps jfjf64 around a bit with A Taoist Trader Course
[10:08] {magoo} vad, u got rwead IMAX here?
06[10:08] * Threei slaps magoo around a bit with A Taoist Trader Course
[10:08] {jfjf64} ??
[10:09] {Threei} I think down but I have nbo firm read on it
[10:09] {Threei} what is it you are so puzzled about jf?
[10:09] {dino} cmi
[10:09] {jfjf64} my slap
[10:10] {jfjf64} lol
[10:10] {magoo} its same reason i got last week
[10:10] {dino} schw to .08
[10:10] {Threei} well, by doiung this: 09:59] {jfjf64} flat cat, you violated Wu Wei principle
[10:10] {magoo} and two page lecture on inactivity
[10:10] {Threei} non-interfence to be exact
[10:10] {Threei} and it was two and half pahes
[10:11] {Threei} pages
[10:11] {jfjf64} magoo wu wei payin ya bills
[10:11] {jfjf64} not mine
[10:11] {jfjf64} lol
[10:11] {jfjf64} lol
[10:11] {jfjf64} lol
[10:11] {Threei} it would in case of CAT
[10:11] {magoo} heh, i got out flat with ya
[10:11] {jfjf64} exactkly
[10:11] {magoo} just didnt like that green bar
[10:12] {jfjf64} ty
[10:12] {jfjf64} magoo
[10:12] {magoo} flat no hurt
[10:12] {magoo} just the slap
[10:12] {jfjf64} enough that
[10:12] {jfjf64} positive energy
[10:12] {jfjf64} hmmmmmmmmmmmmm
[10:12] {magoo} looking for imax bounce
[10:12] {magoo} not in
[10:13] {magoo} careful
[10:13] {jfjf64} watchin lvs
[10:13] {jfjf64} pullbk
[10:13] {jfjf64} any read there wu wei
[10:14] {magoo} so far no momo in rare earths
[10:14] {magoo} maybe done already
[10:14] {jfjf64} room seemedlittlequiet wheres nemo
[10:14] {magoo} killing something
[10:14] {jfjf64} lol
[10:15] {jfjf64} nvda
[10:15] {jfjf64} runnin
[10:16] {magoo} vad, u got a short read onLVS?
[10:17] {jfjf64} afraid to get in front of that train
[10:17] {jfjf64} do like that blow off top candle
[10:18] {magoo} now imax looks short
[10:18] {magoo} risky
[10:18] {Threei} looked short to me all this time
[10:18] {dino} out schw +.05
[10:18] {Threei} I just can't find clean and safe entry
[10:18] {magoo} me neither
[10:18] {Threei} LVS, well
[10:18] {jfjf64} feed .90 break
[10:18] {Threei} it does look short
[10:18] {magoo} remember, ill switch positions in a blink
[10:20] {magoo} im seeing but not taking
[10:20] {magoo} idiot
[10:20] {jfjf64} lvs
[10:20] {magoo} REE SHZ trying
[10:21] {jfjf64} .25 ree
[10:21] {jfjf64} grrr
[10:22] {jfjf64} nvda short 3i
[10:22] {magoo} NO imo
[10:23] {magoo} oops, im not running room lol
[10:23] {magoo} gohing too
[10:25] {Threei} I am not delighted by it either way jf
[10:27] {Threei} too slow and narrow
[10:27] {Threei} of course some say that about me
[10:27] {jfjf64} lol
[10:28] {magoo} ive heard some refer to u as " fat drunk and stupid" lol
[10:28] {jfjf64} imax gettin hit
[10:28] {magoo} but i run to your defense
[10:28] {magoo} LOOK IMAX short
[10:28] {magoo} SIGH
[10:29] {jfjf64} .95 break
[10:29] {jfjf64} imax
[10:29] {jfjf64} f k
[10:29] {jfjf64} hindsight
[10:30] {jfjf64} get ya every time
[10:30] {magoo} needed to take only 300 shares loss of 30 bux, pretend you r dino, look other way and let it eventually fall
[10:30] {magoo} that aint hindsite, vad and i both said short at 30
[10:31] {jfjf64} you short
[10:31] {dino} veco l .95
[10:31] {dino} drys l .55
[10:31] {magoo} no
[10:31] {jfjf64} lol
[10:31] {jfjf64} hindsight
[10:31] {jfjf64} lol
[10:32] {jfjf64} think we need shot
[10:32] {ese} this gonna be your swing position dino
[10:32] {ese} drys
[10:33] {jfjf64} lvs
[10:33] {jfjf64} d/top
[10:35] {dino} y
[10:35] {jfjf64} s .49
[10:35] {jfjf64} lvs
[10:36] {jfjf64} stop .56
[10:38] {jfjf64} giddy down
[10:38] {dino} pcbcd
[10:39] {jfjf64} 1/1
[10:40] {magoo} vad, where ya at?
[10:40] {dino} veco stopped -.21
[10:40] {jfjf64} out
[10:40] {Threei} mags?
[10:41] {magoo} just wondering
[10:41] {jfjf64} lol
[10:41] {jfjf64} cookin some bacon
[10:42] {jfjf64} .550long lvs
[10:43] {jfjf64} 5 min chartt looks higher
[10:43] {jfjf64} imo
[10:43] {magoo} SHZ REE
[10:44] {magoo} hit SHZ .20 to .47 in less than 5 seconds
[10:44] {magoo} can never type in
[10:44] {magoo} like REE to .90 area
[10:44] {magoo} in .60
[10:45] {dino} ctrp l .00
[10:45] {dino} ree
[10:45] {magoo} out REE .94
[10:46] {jfjf64} nice mags
[10:46] {magoo} REE pRINTWED 17.62 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
[10:46] {dino} gj
[10:46] {magoo} LOOK AT VOLUME BAR AND PROINT
[10:46] {magoo} SICK
[10:49] {dino} ctrp out .14, +.14
[10:50] {dino} too tight
[10:54] {dino} sndk stop -.08
[10:55] {dino} esi
[10:56] {ese} anybody go long ree 2/3 days ago and just hang onto it?
[10:57] {Threei} that's something to be done only if you are ready to lose seriously on such trade
[10:57] {Threei} mania stocks with very little real value can crash and burn with no warning
[10:59] {magoo} yea, u crazy ESE?LOL
[11:00] {magoo} widowmakers
[11:02] {dino} veco l .75
[11:05] {ese} ya ....sorry just slapped myself mags........went nuts for a second there
[11:05] {dino} your in time out es
[11:07] {ese} ya ....i deserve that......phewwww....don't know what i was thinking
[11:07] {Threei} REE... nice pullback
[11:08] {magoo} LVS might be shotrt
[11:08] {ese} zion more my style for sure....still long 3k of it at .31
[11:09] {magoo} CHGS hammered
[11:09] {magoo} might be tell
[11:09] {magoo} SHZ REE not avail short
[11:10] {magoo} might be a good thing
[11:11] {magoo} CHUGS is
[11:13] {Threei} watch MCP for REE bounce help
[11:13] {Threei} .50 break maybe
[11:16] {Threei} MCP upticking
[11:16] {magoo} in
[11:17] {magoo} out .67
[11:17] {Threei} beauty'
[11:17] {magoo} +.17
[11:17] {magoo} u back chief
[11:26] {Threei} watch again for the same trade, if MCP breaks .50 and jumps
[11:27] {magoo} what u in dino?
[11:28] {magoo} missed that
[11:28] {magoo} mcp not a tell
[11:28] {magoo} that time i mean
[11:28] {Threei} looks like relation disapears
[11:28] {Threei} too bad, was nice to have a leading stock
[11:29] {magoo} i bet REE prints over 18 today
[11:29] {magoo} but will robably go right to close to do it
[11:30] {dino} veco magoo
[11:37] {magoo} ok vad, SHZ now avaiol short
[11:38] {Threei} it was available yesterday too
[11:38] {magoo} just in case lol
[11:39] {nemo} Having any luck?
[11:39] {magoo} oh, didnt know
[11:39] {magoo} we were talking about u lol
[11:39] {nemo} speak of the devil moment, huh?
[11:40] {dino} and the devil appears
[11:40] {Threei} hey nemo
[11:40] {nemo} hey vad
[11:40] {magoo} people said room too quiet w/out ya
[11:40] {nemo} last day of muzzleloader...going back out after lunch
[11:40] {magoo} lyman?
[11:41] {nemo} Savage MLII
[11:41] {magoo} flint or modern?
[11:41] {magoo} in pa only can use flint
[11:41] {nemo} inline 209, built off the 110 action
[11:41] {nemo} that sucks
[11:41] {magoo} hard
[11:42] {nemo} almost impossible,
[11:42] {nemo} nothing like having to prime the pan as the buck trots by
[11:42] {ese} ok ...pardon my ignorance but what is a mussleloader?
[11:42] {nemo} muzzle ese
[11:42] {ese} muzzle
[11:43] {ese} sorry
[11:43] {nemo} well, on a firearm one end is called the "breech" -the one closest to your face when you fire, and the other end is called the muzzle-the business end
[11:44] {ese} it's a gun?
[11:44] {nemo} modern firearms load at the breech
[11:44] {nemo} yes
[11:44] {ese} are you hunting with it nemo?
[11:44] {nemo} boy...do I have a wise ass comment for that
[11:44] {magoo} like in the movie the PATRIOT ese
[11:45] {dino} meli dropmeli sm l .75
[11:45] {magoo} i have to use it ese
[11:45] {nemo} http://www.sav10ml.com/
[11:45] {ese} how come?
[11:47] {ese} tks nemo....i get it.
[11:47] {dino} global warming, todats paper 6 degrees f below normal in my area for december
[11:48] {ese} why do you have to use it mags?
[11:48] {nemo} UK is having the coldest winter in 1000 years
[11:48] {nemo} rules ese
[11:48] {ese} hunting rules?
[11:48] {dino} y
[11:49] {ese} ahhh.....ok
[11:49] {nemo} We have an archery season, shotgun season, primitive firearms (archery, primitive firearm)
[11:49] {nemo} how are the rare earth stocks today?
[11:49] {ese} up and dn like rockets
[11:49] {dino} medium
[11:49] {nemo} oohhh...reee had some nice moves
[11:50] {RonS} tomahawk season, swiss army knife season, bare hands season
[11:51] {magoo} also SHZ MCP movin cap'n
[11:51] {nemo} Ron...you're about to go on the list
[11:51] {dino} lol
[11:51] {RonS} ty
[11:51] {dino} meli stopped
[11:52] {Threei} hmmm
[11:52] {Threei} Estonia will become the first former Soviet state to adopt the euro when it becomes the 17th member of the eurozone at midnight.
[11:52] {nemo} Vad...does Ron now about the list?
[11:52] {Threei} are they slow over there or what
[11:52] {dino} apparently
[11:52] {dino} idiot move
[11:52] {ese} Denmark is not a member
[11:52] {Threei} nemo... say again?
[11:53] {ese} and they are doing just fine
[11:53] {Threei} Imax Corp Follow up: More takeover chatter circulates as a report states that a boutique media-specialist investment banking firm states it can confirm that Sony is preparing to make an offer for IMAX
[11:53] {nemo} [11:51] {nemo} Vad...does Ron now about the list?
[11:53] {Threei} ok.. reread and try again :)
[11:54] {Threei} there is something missing in that phrase
[11:57] {jfjf64} i wd like to wish the entire room a happy new year lots of sucess in trading and whatever else you like lol
[11:57] {jfjf64} see ya next year
[11:57] {jfjf64} ty 3i 4 all
[11:58] {Threei} take caare jf, happy new year
[11:58] {RonS} cya jf
[11:58] {ese} happy new jf
[11:59] {ese} take care
[11:59] {nemo} "disgruntled postal worker fantasy list"?
[11:59] {jfjf64} watch the drinkin and bacon tonight 3i
[12:00] {magoo} have happy jf
[12:00] {Threei} why would I watch bacon? I eat it, not watch it
[12:00] {Threei} it's bacon, not a TV
[12:00] {dino} happy new year jf
[12:00] {jfjf64} priceless
[12:00] {harth} take care jf
[12:04] {dino} meli db
[12:06] {dino} sm l .00 break .00
[12:09] {nemo} oy...pivot support at 68.40 dino
[12:10] {magoo} news MELI vad?
[12:11] {Threei} no
[12:14] {patience} have a good New Year's guys, see you next week
[12:14] {dino} happy ny
[12:15] {magoo} have happy patience
[12:15] {RonS} cya patience
[12:17] {dino} ouch meli stopped
[12:18] {nemo} yeah...lookslike between 64.20-.50
[12:18] {magoo} relentless selling
[12:18] {nemo} bidu might be cathcing a bid
[12:33] {magoo} vad, need 2 winners to end year, no loser...then ill toaste u at eve lol
[12:33] {ese} these are the type of days that traders on the floor can really manipulate prices.....weird looking things happening to some of the stuff i'm looking at
[12:34] {nemo} how does a musician define "weird"?
[12:35] {ese} anything thats not fitting a norm......
[12:35] {nemo} wow...meli
[12:35] {dino} sheesh
[12:35] {ese} spy for instance.......check the volume out for today......and look how up it is
[12:36] {dino} back to 70
[12:36] {nemo} as ese was saying...;)
[12:36] {ese} and still climbing
[12:36] {dino} last try sm l break .50 wide
[12:36] {nemo} your stop would have to be .50 almost..oy vay
[12:38] {nemo} vwap at .80 dino
[12:38] {dino} ty
[12:38] {dino} want a buck
[12:39] {nemo} discretion the better part of valor methinks today
[12:40] {dino} lol, but fortune favors the bold (and darkness lies an inch ahead)
[12:40] {nemo} yeah, and the guy who said it is dead
[12:40] {nemo} it's New Years
[12:41] {dino} in austrailia
06[12:41] * nemo slaps dino around a bit with a large Greenwich Mean Time Clock
[12:42] {dino} dino throws a big ben alarm clock back at him
[12:42] {nemo} Big Ben is actually the tower, not the clock (I think)
[12:43] {dino} aren'tb those old wind up called big ben?
[12:43] {nemo} got me there
[12:44] {magoo} brand name, big ben, we had them as kids
[12:49] {ese} what bizzare price action zion and spy
[12:53] {ese} lookin at that price action with spy and trying to figure out why.......but it's just because they can...
[12:56] {RonS} apc
[12:56] {ese} got that on my radar ron
[12:56] {davd} huge jump in oil might be the excuse ese
[12:57] {nemo} nahhh...takeover rumor
[12:57] {ese} that thing could go to the moon the way today is going
[12:57] {nemo} rumor is for $90
[12:58] {davd} but more like low vol large seller. saw a huge sell in spy at 11am to 11:10 also
[12:58] {ese} lol
[12:58] {ese} start spreading it nemo......
[13:02] {dino} yuk
[13:08] {nemo} ok, back to the woods...c u next year
[13:08] {nemo} tck might be a play here btw
[13:08] {Threei} happy new year nemo!
[13:09] {dino} happy new year nemo
[13:09] {nemo} glueckliches neues Jahr!
[13:10] {ese} happy new year........
[13:10] {stewy} .
[13:10] {stewy} all the best, nemo
[13:10] {ese} definitely
[13:10] {Threei} Short Setup: SLW .10 break if stays under .20
[13:19] {magoo} chigs CHGS
[13:25] {dino} zzzzzzzzzzzzzzzzzzzzz
[13:25] {magoo} vad..REE SHZ have the look still, keep eye on them
[13:25] {Threei} trying to
[13:27] {magoo} hey toa master, SLW still valid?
[13:29] {Threei} yes
[13:30] {magoo} u still long meli dino?
[13:33] {magoo} IMAX
[13:33] {magoo} HOLY CRAP
[13:33] {Threei} IMAX not aware of any activity
[13:33] {Threei} not commenting on rumors
[13:34] {RonS} ye olde dino gap fill....
[13:53] {magoo} hello?
[13:53] {Threei} ?
[14:09] {dino} got bumpped
[14:13] {magoo} gotta reboot, hopefully brb
[14:15] {dino} reloaded meli at .20
[14:15] {dino} when booted
[14:15] {RonS} imax lod
[14:15] {stewy} .
[14:17] {ese} zzzzzzzzzzzzzzzzzzzzzzzzz
[14:21] {dino} yyyyyyyyyyyyyyyyyyyyy
[14:24] {ese} ok i admit it......i've started drinking
[14:25] {dino} lucky dog
[14:25] {ese} sipping very slowly on a bailey's
[14:32] {Threei} I think we are wasting time guys
[14:32] {Threei} how about we call it a year
[14:32] {Threei} and meet in a new one
[14:32] {Threei} deal?
[14:33] {Threei} everyone seems to be asleep even aas it is
[14:33] {harth} deal
[14:33] {Threei} thank you all, happy New Year
[14:34] {Threei} have a great celebration and weekend
[14:34] {stewy} your call, 3i.
[14:34] {Threei} see you all on Monday
[14:34] {stewy} happy new yrs
[14:34] {harth} thank you and Happy New Year!
[14:35] {dino} happy new year all
[14:35] {RonS} good weekend to all...
[14:40] {magoo} happy new year vad ands all
[15:05] {ese} happy new year to you all....
[15:10] {magoo} IMAX trying
[15:10] {magoo} l .99
[15:50] {stewy} nice selloff
