Session Time: Thu Jan 13 00:00:00 2011
[08:34] {Threei} *(US) INITIAL JOBLESS CLAIMS: 445K V 410KE; CONTINUING CLAIMS: 3.879M V 4.088ME- Prior Initial Jobless Claims revised higher from 409K to 410K - Prior Continuing Claims revised higher from 4.103M to 4.127M - 4 week Avg claims: 417K v 411K prior
[08:49] {Threei} Euro vs US Dollar Euro trades at 1.3270 as Trichet notes short-term inflation concerns - dealers
[09:03] {nemo} veco and x showing weakness this morning
[09:05] {RonS} gm all welcome jr...
[09:05] {Threei} Ron :)
[09:06] {nemo} jr?
[09:06] {nemo} oh the big guy
[09:06] {RonS} eur moonshot...must be shortcovering
[09:11] {dino} gm all
[09:12] {Threei} dino :)
[09:14] {ese} vad dino ron...mornin
[09:14] {ese} nemo
[09:14] {ese} seems like non news event.....taget buying zellers
[09:14] {dino} :D
[09:15] {Threei} ese :)
[09:16] {nemo} dude
[09:16] {RonS} wsm...curious price action on what i read as good news and 12 mil sh short
[09:16] {RonS} oops 9.5 mil
[09:17] {ese} what do you use to get your short interest info ron
[09:19] {larisa} gm :)
[09:19] {Threei} larisa :)
[09:19] {RonS} http://shortsqueeze.com
[09:19] {larisa} vad :)
[09:20] {dino} leds, cree, veco, aixg blood
[09:20] {RonS} ??? cree
[09:20] {dino} yes
[09:20] {stewy} gm everyone
[09:20] {harth} morning all:)
[09:20] {Threei} stewy :)
[09:20] {Threei} harth :)
[09:20] {RonS} hi stewster, harth
[09:24] {ese} leds is interesting dinoReports Q1 $0.11 v $0.00 y/y, R$13M v $6.7M y/y
[09:24] {stewy} taoist trader = good so far
[09:25] {ese} dn 9 bills
[09:25] {Threei} hopelly "so far" means more than intro {G}
[09:25] {Threei} hopefully
[09:25] {larisa} cover :)
[09:26] {larisa} i liked cover page btw, looks old and promising :)
[09:26] {stewy} page 9!
[09:27] {Threei} ty larisa, my design
[09:27] {Threei} literally.. created that "old page" look from scratch in photoshop
[09:27] {larisa} gj
[09:30] {Threei} LVS, dive into 48.70 on watch for entry
[09:30] {jfjf64} MORNIN
[09:30] {Threei} jf :)
[09:31] {nemo} veco drop, this thing is volatile
[09:31] {Threei} Short Setup: SLW .35 break
[09:31] {Threei} half lot
[09:31] {Threei} if stays under .50
[09:32] {Threei} invalidated but not off radar
[09:32] {jfjf64} ii
[09:32] {nemo} right at 200 ma
[09:32] {dino} tef again nemo
[09:33] {Threei} Short Setup: SLW .50 break
[09:35] {Threei} 1;1
[09:35] {Threei} 1:2
[09:35] {RonS} took .49 to .38 thxs 3i
[09:35] {Threei} :)
[09:35] {jfjf64} wow
[09:35] {jfjf64} ty
[09:36] {Threei} ugh missed LVS
[09:36] {Threei} over 1:3, out
[09:38] {dino} mrk
[09:38] {dino} gj slw
[09:39] {Threei} ty (and darn dialup)
[09:39] {Threei} LVS on watch again
[09:39] {jfjf64} rimm
[09:39] {Threei} maybe this pullback wiill be easier to read
[09:40] {RonS} Merck: Patients To Discontinue Drug In One Study }MRK 01/13 07:23 AM
[09:40] {Threei} ok LVS
[09:40] {Threei} one more leg down please
[09:41] {Threei} want quick dibe into .90
[09:41] {Threei} to grab it there ina first pause
[09:41] {RonS} mrk sm l .00
[09:41] {nemo} LEDS
[09:44] {Threei} (SP) Spain Treasury: funding needs for 2011 are 47.2B- Spanish debt in 2011 will be 43.6B, 47.2B including Greek loans. - Notes it will likely issue a new 3-year bond in the first quarter of 2011.
[09:45] {Threei} actually...
[09:45] {Threei} Short Setup: LVS 49 break
[09:46] {jfjf64} still go
[09:47] {Threei} Long Setup: RIMM .75 half lot
[09:47] {Threei} yes
[09:48] {ese} in
[09:48] {Threei} not a scalp
[09:48] {Threei} 1:1
[09:49] {Threei} stop to under .70
[09:49] {Threei} should go to about .95
[09:49] {Threei} LVS invalidated
[09:50] {Threei} out balance
[09:50] {ese} damn.......hit my .69 stop
[09:56] {dino} lft sm l .75
[09:56] {ese} l ldk .45
[09:58] {Threei} here comes RIMM
[09:58] {Threei} rinsed balance
[09:58] {RonS} took rimm .72 to .94 thxs 3i
[09:58] {Threei} :)
[09:58] {jfjf64} gj
[10:00] {ese} nice one ron
[10:00] {Threei} Short Setup: X 58 break half lot
[10:00] {Threei} 1:1
[10:00] {nemo} dropped right to .96
[10:00] {Threei} 1:2
[10:00] {ese} had my stop to close
[10:02] {dino} lft stopped -.26
[10:04] {RonS} rimm...scalper's remorse
[10:04] {Threei} LVS
[10:05] {dino} mrk sm l .90
[10:05] {Threei} .80 break
[10:05] {jfjf64} lvs
[10:05] {Threei} stop under .70 for scalpers, .65 for day traders
[10:05] {ese} out ldk .40 -.06
[10:05] {ese} hmmmmmmmmmm
[10:06] {jfjf64} go lvs
[10:07] {Threei} 1:1
[10:10] {Threei} scalpers win
[10:10] {Threei} (nasty pesky creatures)
[10:10] {jfjf64} life we chose
[10:12] {dino} bki gap fill
[10:12] {Threei} I did not choose to be like that... it's magoo's fault
[10:13] {dino} bki sm l .40
[10:16] {dino} mvo sm l .80
[10:18] {jfjf64} wher is the magoo'
[10:19] {dino} mvo stop is .59 sellers appearing
[10:19] {dino} dk on magoo jf
[10:19] {ese} dino you doing anything with leds
[10:20] {ese} or should i say ...the leds haircut
[10:20] {dino} not yet
[10:20] {dino} on screen
[10:20] {RonS} cree seems safer to me...
[10:21] {ese} whys that ron
[10:22] {RonS} took the hit off that fraud leds ipo scam...biz is intact
[10:22] {RonS} leds...chinese fraud
[10:22] {dino} last try lft sm l .20 stop .98
[10:23] {ese} ahhhhhhhhh........
[10:23] {ese} interesting
[10:24] {dino} they call that craud
[10:25] {dino} mvo stopped -.30 major slip
[10:25] {nemo} aig short?
[10:25] {Threei} what's the story with fraud? I must have m,issed
[10:25] {dino} me too, just saw big miss
[10:25] {Threei} need some more consolidation, AIG...
[10:27] {RonS} ipo issued in middel of current reporting period...had to know the biz was softening
[10:27] {jfjf64} 1 min more aig
[10:27] {jfjf64} comon
[10:27] {RonS} old play...goose the books for ipo...take hit first period after
[10:27] {dino} ahh, ty ron
[10:28] {jfjf64} good calll 3i
[10:28] {jfjf64} more consoladation
[10:28] {jfjf64} you did this before
[10:29] {Threei} trading thingy you mean?
[10:29] {Threei} yeah, for a short while
[10:29] {jfjf64} yes
[10:29] {jfjf64} lol
[10:33] {dino} mrk stopped .99, +.09
[10:33] {dino} wsm sm l .90
[10:34] {jfjf64} aig got the look
[10:34] {jfjf64} imo
[10:34] {dino} well that entry sucked
[10:34] {nemo} already broe
[10:34] {nemo} broke
[10:34] {jfjf64} too fast
[10:35] {jfjf64} piece of s t
[10:35] {Threei} consolidated nicely and broke like a good boy, but entry was practically unobtainable
[10:36] {Threei} and I honestly tried
[10:36] {nemo} BIDU might be trend entry
[10:36] {dino} wsm stopped -.20
[10:37] {jfjf64} like short nemo
[10:37] {jfjf64} maybe crazy
[10:38] {jfjf64} lotta red no pullbk
[10:38] {jfjf64} bidu
[10:39] {nemo} trend is .50 pile up of offers at 108, no surprise
[10:41] {Threei} looks short once again, AIG
[10:41] {Threei} ooops
[10:42] {Threei} broke while I typed
[10:42] {Threei} had .20 in m ind
[10:42] {jfjf64} we had in crosshairs
[10:42] {Threei} to put in in russian with strong herman accent, KRRRRAP
[10:42] {jfjf64} didnt coorparate
[10:42] {Threei} german
[10:43] {nemo} Scheisse!
[10:43] {Threei} I don't know what that means... I don't speak German, I only imitate accent
[10:43] {dino} duh!
[10:43] {nemo} It means crap in German
[10:43] {dino} simpson speak
[10:44] {RonS} is it not English since Brit Thomas Crapperinvented the modern toilet
[10:45] {RonS} was called the crapper...ergo...
[10:48] {nemo} yeah...crap was actually euphemistic for Scheisse
[10:51] {dino} lotta sh*t talk today
[10:51] {nemo} GO PATRIOTS!!!
[10:51] {dino} j e t s !
[10:51] {nemo} they send Sanchez to Iran yet?
[10:51] {dino} lol
[10:52] {dino} mrk sm l .80
[10:52] {ese} academic team vs the workin mans team
[10:52] {jfjf64} careful nemo ya rabbit lookin good on bbq
[10:52] {nemo} careful jf
[10:53] {ese} ouuuuuuuuuu
[10:53] {jfjf64} pei king rabbit
[10:54] {jfjf64} my fav
[10:54] {ese} vad how do you physically stop an all out brawl on the board
[10:54] {RonS} unleash magoo
[10:54] {dino} pull the plug
[10:54] {nemo} Two men enter one man leaves
[10:55] {Threei} I don't ese
[10:55] {Threei} I enjoy it too much
[10:57] {ese} lol
[10:58] {dino} mvo free fall
[10:58] {jfjf64} one more leg dn aig
[10:58] {jfjf64} .20
[10:59] {ese} speakin of.......leds still mainlining
[11:03] {nemo} SAP
[11:03] {dino} risky, sm mvo l .60
[11:04] {dino} stop is .38
[11:08] {dino} lft stopped -.22
[11:08] {dino} i suck today
[11:10] {Threei} we all do, just on different days
[11:14] {nemo} ctrp short?
[11:15] {Threei} yep
[11:15] {Threei} 43 break
[11:16] {jfjf64} jumped it
06[11:18] * Threei hits CTRP over the head with 2x4
[11:19] {Threei} not a scalp for me
[11:19] {jfjf64} market help will help
[11:21] {ese} L leap .98
[11:21] {RonS} he was posting too much anyway...:D
[11:22] {jfjf64} die mkt
[11:24] {ese} hmmmmmm i've made a funny..........i've just taken a Long Leap
[11:24] {RonS} guess it's a good thing you aren't a lord...
[11:24] {Threei} here is the problem ese
[11:24] {ese} although some may say...es...what don't you take a flyin "f"in Leap
[11:25] {Threei} your joke is not aimed at anyone personally, not insulting, not stinging
[11:25] {Threei} this board just doesn't accept that as a joke worth even noticing
[11:25] {ese} annnnnnddddd????????
[11:26] {ese} does anyone see a big flippin sell order at .99 for leap
[11:28] {RonS} ctrp s .05
[11:33] {Threei} doesn't act right
[11:33] {RonS} out .12 -.07
[11:34] {dino} wsm break of .00 l
[11:34] {dino} sm
[11:51] {nemo} X Short 57 break?
[11:52] {Threei} totally
[11:53] {nemo} coming to lunch time though
[11:53] {nemo} ctrp again
[11:55] {ese} got out of my leap position .03 +.05......mrkt weakness
[12:01] {nemo} 1:1
[12:01] {Threei} yup
[12:01] {Threei} works nicely
[12:02] {Threei} good spot
[12:02] {nemo} my name is not spot
[12:02] {nemo} oh oh, volume hammer
[12:11] {nemo} out x
[12:14] {nemo} in slb .01
[12:14] {nemo} 1/2 out .12
[12:16] {RonS} gj
[12:20] {nemo} 1/4 more .22
[12:21] {nemo} stop be
[12:26] {nemo} tck holding well this drop
[12:27] {nemo} stec .38 break
[12:31] {Threei} so, Target is coming to Canada
[12:32] {Threei} event is being labeled as "changing the face of country's retail"
[12:45] {nemo} stec jumped my order
[12:45] {nemo} right from .21 to .25
[12:48] {RonS} Renault Files Complaint 'Against Persons Unknown'
[12:50] {RonS} ...better call Inspector Clouseau
[13:00] {nemo} stec break of .42?
[13:02] {nemo} what happened
[13:03] {nemo} how about v short?
[13:04] {dino} mvo to .52
[13:05] {ese} LLLLLLLOOOOONNNNNNGGGGG arun .65
[13:05] {dino} acor filling monday gap
[13:05] {ese} what!!1 bummer .66
[13:07] {dino} out mvo .51, +.91
[13:08] {jfjf64} gj
[13:09] {patience} nice dino
[13:09] {dino} acor sm l .75
[13:10] {dino} ty
[13:12] {ese} i 3rd that nice one
[13:13] {dino} :)
[13:19] {jfjf64} bwa
[13:19] {jfjf64} short ??
[13:19] {Threei} hmmm
[13:19] {Threei} spread is a bit jumpy
[13:25] {dino} bwc
[13:26] {jfjf64} 2 letters off
[13:26] {jfjf64} bwa //bwc
[13:31] {dino} 2 b contact over 10 years
[13:37] {dino} acor stopped -.27
[13:37] {nemo} next support .22
[13:41] {dino} msci sm l .75
[13:55] {dino} msci to .25
[13:56] {jfjf64} armhbidu
[13:56] {jfjf64} ignor
[13:56] {Threei} fine
[13:56] {Threei} we will
[13:57] {dino} out .26, +.51 msci
[13:57] {RonS} gj
[14:01] {dino} ty
[14:05] {ese} i'm outta here.....it's choir time...cya ta mara
[14:05] {dino} rinses today, wsm, lft (twice), acor.
[14:05] {kschun} great evening ese
[14:05] {dino} cya es
[14:06] {Threei} take care ese
[14:09] {nemo} might have bottom in bidu
[14:13] {dino} slv smackdown
[14:16] {Threei} (EU) ECB's Gonzales Paramo: There is no chance Spain will require a European bailout
[14:16] {Threei} no chance eh?
[14:16] {dino} roflol
[14:17] {nemo} no, they'll just go bankrupt
[14:17] {dino} like a double dog dare
[14:17] {kschun} LOL
[14:17] {Threei} lol
[14:17] {nemo} etiquette Dino
[14:17] {Threei} oh and while on topic, Gonzales Paramo has a bridge for sale
[14:17] {kschun} tell you guys, when switzerland once will join EU I am out of here and go living in Andorra
[14:17] {nemo} aig short?
[14:17] {Threei} why Andorra?
[14:18] {Threei} I think so nemo
[14:20] {Threei} I mean whio says Andorra doesn't join EU next
[14:20] {Threei} after all, they are willing to bail anyone
[14:22] {kschun} andorra will never join EU, and there will always be free countries in this world. I really do not support EU, econonmically it is just BIG BIG BULLS*. sorry. All friend of mine in GERMANY are going mad about EU
[14:22] {kschun} and I really understand this guys...
[14:22] {dino} armh
[14:23] {kschun} MTL, shorted some at .73. looks not bad there for further down move
[14:23] {dino} i can't blame your friends, germany is backstopping it all
[14:24] {Threei} I dunno... IMO, if this goes on, at some point openguins in Antarctica apply for EY membership
[14:25] {Threei} and demand their bailout
[14:25] {kschun} LOL
[14:29] {kschun} TICK again having problems with 0, all internals looking bad at this point. no longs at this point
[14:29] {Threei} unclear moment
[14:29] {Threei} price forms bounce configuration, volume does not confirm it
[14:29] {kschun} only nasdaq holding above 0
[14:29] {Threei} staying away
[14:30] {Threei} oh, and if you are hungry for some good news, know that humanity is saved:
[14:31] {nemo} humanity saved? that sucks
[14:31] {Threei} my city banned using tan beds for under 18
[14:31] {Threei} all is good again
[14:31] {nemo} have they forbid Ukranian immigrants from breeding yet?
[14:32] {RonS} hehe
[14:34] {Threei} is there a need?
[14:34] {RonS} further proof world is saved: Tunisian President Says He Will Not Run in 2014 Elections
[14:34] {Threei} see? things improved by minute
[14:34] {Threei} -d
[14:34] {nemo} now if we can get congress to commit seppuku we might be getting somewhere
[14:34] {RonS} and more: Proposal to Curb Speculative Trading Advances
[14:36] {Threei} AIG, still on watch for short
[14:36] {RonS} needs to schedule that facelift: U.S. Senator Hutchison of Texas Says She Won’t Seek Re-Election
[14:37] {jfjf64} slw
[14:37] {jfjf64} s
[14:37] {jfjf64} ??
[14:38] {Threei} hmmm
[14:38] {Threei} let's wait a bit
[14:38] {jfjf64} good hmmmm
[14:38] {Threei} gotta see if it doesn't turn into db
[14:40] {jfjf64} hmmm
[14:40] {jfjf64} i/c/h
[14:41] {jfjf64} lets watch
[14:42] {RonS} hot dang: Amazon.com reportedly accumulates 12% stake in China DangDang Inc. (DANG) - filing on the way
[14:46] {jfjf64} .81 break
[14:46] {nemo} on what slw?
[14:47] {jfjf64} y
[14:47] {jfjf64} es
[14:47] {nemo} s
[14:47] {Threei} wow DANG
[14:47] {jfjf64} lol
[14:48] {RonS} took .53 to .90 shoulda held...
[14:48] {Threei} nah
[14:48] {Threei} good out
[14:48] {Threei} the thing is crazy
[14:49] {Threei} better get out early and wait for pullback than have to say "oh dang"
[14:49] {RonS} somebody has to play mags around here...
[14:50] {jfjf64} here we go
[14:50] {Threei} looks ready
[14:50] {Threei} Short Setup: SLW .80 break
[14:51] {jfjf64} dieeeeeeeeeeeeeeeeeeeeeeeeeeee
[14:51] {Threei} great... two play magoo now
[14:51] {Threei} 1:1
[14:52] {jfjf64} half out
[14:52] {jfjf64} yeahhhhhhhhhhhhhhhh
[14:53] {Threei} look how general prinviple worked beautifully: second test is not for break as it can turn into DB or DT, but the third is
[14:54] {jfjf64} you tk it nemo
[14:54] {nemo} no
[14:54] {jfjf64} ahhhhhhh
[14:54] {kschun} right VAD. I really must say it again, you really know what you are teaching.
06[14:54] * Threei slaps nemo around a bit with a jf
[14:54] {jfjf64} one more leg down
[14:54] {kschun} LOL
[14:55] {jfjf64} holdin nice
[14:55] {jfjf64} mkt rip
[14:55] {kschun} it is hard to find anybody else out there better on scalping then the grande maestro :-) - respect!
[14:55] {Threei} not really kschun, I just hit random keys on my keyboard and let others interpret it and make sense out of it... but don't tell anyone
[14:55] {kschun} LOLOLOL
[14:56] {jfjf64} jf deserves lit pat on back
06[14:56] * Threei slaps jfjf64 around a bit with a nemo
[14:56] {jfjf64} not thzt i lookin 4
[14:56] {jfjf64} ty
[14:56] {jfjf64} ty
[14:56] {jfjf64} lol
[14:56] {kschun} loved this SPY setting up. internals weak. big drop on high volume.
[14:56] {jfjf64} next time we spoon feed nemo
[14:57] {kschun} then bounce, volume getting thinner on boucne and then just dead LOL
[14:57] {dino} idcc
[14:58] {nemo} S3 support at .71 and spy bottoming thought it was iffy
[14:59] {jfjf64} all good nemo
[14:59] {jfjf64} lower
[15:00] {kschun} MCD maybe
[15:00] {dino} sm s idcc .15
[15:01] {jfjf64} you out 3i
[15:01] {kschun} BUT BE CAREfull, market still weak
[15:01] {jfjf64} or have piece
[15:01] {Threei} half
[15:01] {jfjf64} ditto
[15:04] {RonS} born to be wild
[15:05] {dino} cov idcc .65, +.50
[15:05] {RonS} gj
[15:05] {dino} ty
[15:05] {patience} good day for you dino
[15:05] {dino} not, a.m. sucked
[15:05] {dino} missed first 5
[15:06] {patience} last couple of trades have been good
[15:06] {dino} about -200
[15:06] {dino} y
[15:06] {dino} i should just sleep in, mornings hurting my day
[15:06] {patience} i'm heavily into commodities, down a bit more than 200 :)
[15:07] {dino} i know you know what you are doing;)
[15:07] {patience} my brother and i are competing against each other....his returns last 2 years are 31% and 29%. he is shooting for 42% this year. so the challenge is on.
[15:08] {dino} nice. and competition is good
[15:09] {patience} well it made me cough up for a pc that makes me drool...it is actually a gaming pc....also competitive trading makes me measure my progress
[15:09] {dino} cool, i am going for over 100%, but day trade wise
[15:12] {dino} vsat
[15:13] {RonS} dang 35.09
[15:14] {nemo} oy 2 wins and rinse city today
[15:15] {dino} i can relate on the rinses
[15:17] {Threei} 1:2
[15:22] {Threei} 1:3
06[15:22] * Threei sings "It's a beautiful day" completely out of tune
[15:23] {dino} sssssssslllllllllllap
06[15:23] * Threei blames Freddie for the wrong tune
[15:24] {RonS} but the air guitar is sooo righteous
[15:24] {dino} out wsm .88, +.13
[15:26] {Threei} 1:4
[15:26] {Threei} me out
06[15:26] * Threei slaps jfjf64 around a bit with a large roll of cash
[15:26] {Threei} nice find with that inverse C&H
[15:28] {dino} gj
[15:32] {patience} vad,any thoughts about silver wheaton?
[15:32] {nemo} off c u
[15:33] {RonS} cya nemo
[15:33] {Threei} take care nemo
[15:33] {Threei} just covered short on SLW
[15:34] {Threei} daily looks gorrible
[15:34] {patience} yup
[15:34] {Threei} clear downtrend ever since 12/07 top
[15:35] {dino} slw gap 29.90
[15:35] {dino} back in ten
[15:54] {dino} back in ten
[15:55] {Threei} OK guys, winning streak continues
[15:56] {Threei} thank you all
[15:56] {Threei} have a good evening
[15:56] {Threei} see you tomorrow
[15:56] {larisa} bye!
[15:56] {stewy} good night all
[15:57] {dino} take care all
