Oct 22 2008

The room is now open. Feel free to connect any time. Connector is at http://www.realitytrader.com/rtc.exe , any username and password will do.

Talk to you tomorrow!

Session Time: Wed Oct 22 00:00:01 2008

[08:20] {_eliaun} Good Morning all
[08:20] {Threei} Good morning
[08:21] {_eliaun} a lot of trouts were hit yesterday
[08:21] {Threei} that's how we express happiness
[08:21] {Threei} unhappiness
[08:21] {Threei} appreciation of other human being
[08:22] {Threei} lack of such
[08:22] {Threei} and any other emotion or absence of it
[08:22] {Threei} what can I say... we are limited in our ways of explressing
06[08:24] * Threei slaps magoo around a bit with a large trout
[08:24] {Threei} and here is practical illustration
[08:25] {magoo} morning lol
[08:25] {Threei} :)
[08:25] {magoo} they keep changing rules vad...they halted AAPL before call last night..never halted before
[08:26] {Threei} not really true
[08:26] {Threei} AAPL was being halted before earnings announcement regularly
[08:26] {Threei} they stopped doing thatg for a while
[08:26] {Threei} now resumed that practice, but I remember it happening from 1997
[08:26] {Threei} probably by company request
[08:30] {magoo} that does it......................
06[08:30] * magoo slaps Threei around a bit with a large trout
[08:30] {Threei} NWA
[08:30] {Threei} REPORTS Q3 -$1.20 V $0.25E
[08:33] {Threei} - The reported results include a $410 million non-cash charge associated with marking-to-market out-of-period fuel hedges as required by Statement of Financial Accounting Standard (SFAS) 133, Accounting for Derivative Instruments and Hedging Activities.
[08:34] {lisa_jay} Good morning.
[08:34] {Threei} lisa :)
[08:35] {Threei} I guess airlines got hit badly by fuel hedging
[08:36] {Threei} this incredible volatility in oil prices makes business planning tough
[08:38] {magoo} vad, do u know if our hard stops do not work afterhours?
[08:38] {Threei} no idea
[08:38] {Threei} I barely ever use them during market hours
[08:38] {magoo} i know
[08:38] {Threei} let alone after :)
[08:48] {lisa_jay} Vad, when you talk about aggressive entries (like ADBE) with sharp spike in NQ, what specifically should i be looking for.
[08:48] {lisa_jay} Thank you.
[08:49] {Threei} let's start with defining aggressive entry
[08:50] {lisa_jay} ok.
[08:50] {Threei} http://www.realitytrader.com/blog/2007/07/how-aggressive-are-you.html
[08:51] {lisa_jay} I did read that article.
[08:51] {Threei} from here,
[08:51] {Threei} instead of waiting for the setup with a certain trigger
[08:51] {Threei} you use general market as leading indicator (in a case of a stock that does follow the market)
[08:52] {Threei} and when market changes direction, you grab your stock - providing there is a delay that gives you a window of opportunity
[08:54] {lisa_jay} What exaclty constitues a sharp spike, vs just market movement. Also what settings for you nq (to set my charts to the same thing).
[08:54] {Threei} 1 minute chart
[08:55] {Threei} what constitutes sharp spike... well, it's a matter of observation
[08:55] {Threei} sudfden move, big enough and fast enough
[08:55] {Threei} merely 1-2 points uptick is not really it
[08:56] {lisa_jay} Ok, thank you.
[09:00] {lisa_jay} SNDK ouch...Samsung pulls deal.
[09:10] {dptl} good morning all
[09:10] {Threei} DELL is scaringly close to 52 week low
[09:10] {Threei} dp :)
[09:12] {Onix} Good morning all
[09:12] {Threei} Onix :)
[09:13] {Threei} if we get market drop and DELL forms a range close enough for a reasonable stop, break of 12.27 should serve as a short trigger
[09:14] {Threei} most likely a scalp
[09:22] {hawkfan4} good morning
[09:23] {dino} gm, running late, just sold the foreclosure flip
[09:23] {Threei} hawk, dino :)
[09:25] {Geo} gm all
[09:26] {dino} going to fill the fri close -mon. open gap
[09:26] {Threei} geo :)
[09:30] {ese} morning
[09:31] {Threei} ese :)
[09:31] {Threei} Long Setup: NUAN half lot 10.05
[09:31] {Threei} if stays above 9.90
[09:33] {Threei} rather bounce candidate
[09:33] {dino} cme
[09:33] {lisa_jay} UAUA broke 14 again.
[09:33] {Threei} too fast
[09:33] {Threei} jumper
[09:38] {Threei} UAUA headed for 15 it seems
[09:45] {Threei} Long Setup: DAL 10.43
[09:46] {Threei} stop under .30
[09:46] {peterg} good mornng
[09:46] {Threei} peter :)
[09:46] {Threei} don't chase
[09:46] {Threei} let it pullback to you
[09:47] {Threei} not a scalp for me
[09:47] {Threei} partial at 1:1
[09:49] {lisa_jay} 10c thank you Vad.
[09:49] {Threei} welcome
[09:49] {Geo} out half .55
[09:50] {Geo} adjusted stop vad?
[09:50] {Threei} welcome.35
[09:50] {Threei} oops
[09:50] {Threei} lol
[09:50] {Threei} .35
[09:51] {Threei} out
[09:51] {Threei} watching for re-entry
[09:52] {dino} dji feels like 8600
[09:52] {Threei} wanted around .20, didn't get it
[09:53] {dino} v sm v wide v risky l cme 16.01
[09:53] {Onix} stopped nuan & dal
[09:56] {dino} hbhc death
[09:57] {hawkfan4} herbie hancock not looking so good
[09:58] {Threei} Short Setup: DELL .39
[09:58] {Threei} stop above .50
[10:00] {Threei} FED RAISES INTEREST RATES IT PAYS ON BANK RESERVE BALANCES
[10:00] {dino} lol hawk, takes me back
[10:00] {Threei} cover half DELL
[10:00] {Threei} 1:1
[10:01] {dino} fed paying more to banks, re-liquifing
[10:01] {Threei} broke 52 week low
[10:01] {lisa_jay} missed dell :-(
[10:01] {dino} salvation thru inflation boys. another bubble in the making
[10:02] {Geo} all out
[10:02] {Threei} yup
[10:02] {Geo} .17
[10:02] {Geo} 22 cents TY
[10:02] {Threei} welcome
[10:02] {Threei} sheesh UAUA
[10:02] {Threei} look how it's holding
[10:03] {Onix} +.23 DEL ty Vad
[10:04] {dino} 48 to go
[10:04] {Geo} nice ONIX
[10:04] {Onix} ty
[10:05] {Geo} wow UAUA
[10:06] {Threei} 15.50 next (says he closing his eyes and expecting to be trouted)
[10:06] {dino} gj onix
[10:06] {Threei} UAUA
[10:06] {Threei} PRICE TARGET RAISED TO $17 FROM $14 AT MERRILL, MAINTAINS BUY RATING
[10:07] {Threei} DELL doesn't react on market bounce
[10:07] {dino} merrill needs to get out
[10:07] {Geo} you half in?
[10:07] {Threei} yes
[10:08] {Threei} .31 stop now
[10:08] {Threei} 15.50 hit
06[10:08] * Geo slaps Threei around a bit with a large trout
[10:08] {Geo} or was it if it didnt?
[10:09] {Threei} at your discretion
[10:09] {Geo} thats rather nice of you in the morning vad
[10:10] {Threei} it felt very much like another run in the making while it held close to 15 during market drop...
[10:10] {Geo} .15 being defended dell
[10:10] {Threei} but to bring myself to call it after such a spike over last days is another matter
[10:10] {Threei} especially considering how volatile it is
[10:11] {dino} csh sm l .00
[10:11] {Geo} not anymore i guess
[10:11] {Threei} }DELL} nah... I am indefensible
[10:11] {Threei} 1/4 more out
[10:13] {ese} is it me...or is everyone finding it hard to find stuff to get into
[10:14] {ese} uaua would have been nice but missed that
[10:14] {ese} what kind of scans are working?.....
[10:15] {Threei} breakdown did on DELL
[10:16] {Geo} uaua showwed up on my scanner at 6:34
[10:17] {dino} hmm seems 8-ball was off 22 pts
[10:17] {dino} and yes es, iut is you
[10:17] {dino} it
[10:17] {dino} .07 gap working like mad, as well as new 52 week lows
[10:17] {Geo} did we just get accused of breaking dino's 8 ball?
[10:17] {ese} tks dino....i needed that
[10:17] {dino} but of course bro
[10:18] {ese} gap ups or downs?
[10:18] {Geo} for you ese
[10:18] {Geo} ILMN
[10:18] {dino} ups right now, program it for both, red/green
[10:19] {dino} look for multiples
[10:19] {dino} ilmn ouch
[10:19] {ese} multiples?
[10:21] {dino} yes. they only flash on .07 gaps, when you see a bunch of same stock flashing, that baby is rocking
[10:21] {dino} keep it simply
[10:21] {dino} simple
[10:22] {ese} ahhhh got that....
[10:23] {dino} now that my secrets are out, i may as well quit
[10:23] {Geo} heheheh
[10:23] {Threei} lol
[10:23] {Geo} welll vad a sore quitter
[10:24] {Geo} he never quit !!!
[10:24] {dino} no, he not a quitter, just cranky
[10:24] {Threei} I wanted to object to that... but then found no grounds
[10:25] {lisa_jay} Vad, on the Dell call, by the time i loaded it up it was already down to .35 and could not go above it....was .35 ok to take.
[10:25] {Threei} I wouldn't chasde it more than couple cents... but your quotes are slow
[10:26] {Geo} also i have figured out that vad stalks
[10:26] {Threei} it was available for quite a while
[10:26] {lisa_jay} Quotes are ok...I am slow...have a bad cold and took some medicine for it...(not vodka)!
[10:26] {Geo} so i keep stuff he has mentioned opened up if possible
[10:26] {lisa_jay} Thanks Geo.
[10:26] {Geo} its a complement off course vad
[10:27] {Threei} (US) WHITE HOUSE PRESS SEC: IN FOR TOUGH GPD NUMBER NEXT WEEK
[10:27] {Threei} we are getting forewarned
[10:28] {dino} you don't think the market knows this already
[10:28] {Threei} for weeks
[10:28] {Threei} if not months
[10:28] {magoo} l aapl here small 300 sh
[10:28] {magoo} .39
[10:29] {magoo} stop .89
[10:30] {lisa_jay} Will check my quotes, thank Vad.
[10:30] {Threei} Long Setup: ADBE half lot .53 if holding above .40
[10:31] {Threei} UAUA
[10:31] {Threei} I am crying
[10:31] {Threei} it will never stop
[10:31] {Threei} it will go up, up, up...
[10:31] {Threei} for years to come
06[10:32] * Geo so will vad
[10:32] {hawkfan4} oil #'s in 3 mins
[10:32] {Threei} 10 years from now we will obsderve UAUA at $10,253.17 and call it long
[10:33] {hawkfan4} better make it a half lot then
[10:33] {Threei} lol
[10:33] {Geo} lol
[10:33] {lisa_jay} i can only do 1 share
[10:33] {dino} the buy 100 and forget it, lol
[10:33] {dino} rimm
[10:34] {Geo} something about ATT launching bold
[10:34] {lisa_jay} Vad, is adbe still valid.
[10:34] {Threei} RIMM HEARING MORGAN KEEGAN MAKES POSITIVE COMMENTS (TIMING UNCERTAIN)
[10:34] {Threei} nah
[10:35] {dino} leco
[10:35] {Threei} *DOE CRUDE: +3.2M V +2.6ME;
[10:36] {magoo} buck on aapl
[10:36] {Threei} GASOLINE: +2.7M V +2.8ME; DISTILLATES: +2.2M V +250KE; UTILIZATION: 84.8% V 83.2%E
[10:37] {dino} sm l hig .90
[10:37] {magoo} tough creowd
[10:38] {Geo} nice magoo :)
[10:38] {magoo} too late geo..i hate u lol
[10:38] {Geo} heheheh
[10:38] {lisa_jay} I have an excuse Magoo...drugged up...
[10:39] {magoo} magoo waits and watches for hours to give u all the 1 call
[10:39] {magoo} sigh
[10:39] {hawkfan4} rimm sm long .65, stop .50
[10:43] {Threei} OK, I have to do it
[10:43] {Threei} Long Setup: UAUA .96 half lot
[10:44] {Threei} stop under .75
[10:44] {magoo} i thought a trout was coming
[10:44] {Threei} good idea actually
06[10:44] * Threei slaps magoo around a bit with a large trout
06[10:44] * Geo slaps Threei around a bit with a large trout
06[10:45] * Geo figured vad busy
[10:48] {dino} lol
[10:48] {magoo} WOW SPIKE
[10:48] {dino} rally
[10:49] {Threei} that was faast 1:1
[10:49] {dino} stop calling me that magoo
[10:49] {Geo} lol dino
[10:49] {hawkfan4} lol
[10:49] {magoo} lisa..thats a spike
[10:49] {magoo} qqqq minute chgart
[10:49] {lisa_jay} Thanks Magoo.
[10:51] {lisa_jay} DAL falling
[10:52] {Geo} tmx dino
[10:54] {magoo} c'mon naz..explode up..kill the shorts
[10:54] {dptl} uaua +.14 ty and ,Vad ty dell earlier +.15
[10:56] {hawkfan4} 1/2 out RIMM 1.74
[10:56] {hawkfan4} stop to .66 on rest
[10:58] {hawkfan4} stop to .79
[10:59] {Threei} dp :)
[10:59] {dino} hig stopped
[10:59] {dino} -.40
[11:00] {hawkfan4} stop .94
[11:01] {Threei} beauty RIMM hawk
[11:02] {hawkfan4} out rest + 1.29. thx :)
[11:02] {Geo} nice !
[11:02] {hawkfan4} thx geo
[11:02] {patience} very nice hawk
[11:02] {hawkfan4} :)
[11:09] {dino} sweet hawk
[11:10] {hawkfan4} thx dino, and thx for the heads up on it
[11:12] {Geo} CSE
[11:13] {dino} np
[11:14] {Geo} pullback on BRCM vad?
[11:14] {Chaeron} good morning all
[11:14] {Geo} hey chaeron
[11:15] {Threei} chaeron :)
[11:17] {lisa_jay} Vad, would EMC be considered a thick stock? Thanks.
[11:18] {Threei} pretty much, yes
[11:20] {Threei} BRCM starts looking more like break Geo
[11:20] {Threei} unless market tanks
[11:25] {dptl} symbol lehman bro. ?
[11:25] {Threei} LEHMQ?
[11:26] {Chaeron} checking pinksheets.com....
[11:26] {dptl} lehmq?
[11:26] {Threei} yes
[11:26] {Chaeron} 0.068
[11:27] {dptl} ty
[11:34] {Threei} JBLU is trying to catch up
[11:34] {Threei} much slower and narrower than UAUA
[11:35] {Threei} but bumping against two days resistance .25
[11:36] {Threei} hard to believe but UAUA is consolidating again
[11:43] {lisa_jay} cal
[11:43] {lisa_jay} sorry wrong screen
[11:55] {dino} pressure building imo, this maket is going to either pop or drop hard
[11:56] {lisa_jay} Do you follow ticks and other market internals....if so we are seeing high +ve ticks vs -ve...so pop maybe.
[11:58] {dino} i don't lisa.
[11:58] {dino} more of a gut feel, watching scanners
[11:58] {lisa_jay} Ok, thanks Dino.
[11:59] {dino} :)
[11:59] {Threei} and I mostly get by watching dino watching his scanners
[11:59] {Geo} i just have a vad alert
[11:59] {dino} i may be wrong, but feels up
[11:59] {Threei} sometimes it gets cloudy because magoo is blocking the line of sight
[12:00] {lisa_jay} I thought you guys had balls....oh sorry 8 ball.
[12:00] {dino} big one lisa
[12:00] {Threei} yes to 8 ball part
[12:00] {dino} ones
[12:00] {Geo} too late dino !
[12:01] {dino} lol
[12:01] {Geo} lol
[12:01] {Threei} btw guys
[12:01] {Threei} we still have troubles with mass e-mail but going to open the room for Thu-Fri anyway
[12:02] {dino} so you want me to keep quiet
[12:02] {Threei} so, make sure your hair is combed
[12:02] {Threei} nah... business as usual
[12:02] {Threei} we don't adjust out behavior just because Queen comes for a dinner
[12:03] {Threei} if you have contact with someone who is not in the room, let them know since I doubt our e-mails reach them
[12:13] {Threei} SEC PROVIDES UPDATE ON SUBPRIME INVESTIGATIONS, NOTES MORE THAN 50 STILL ONGOING,
[12:14] {Threei} NTRI...
[12:14] {Threei} thin one... maybe a scalp on break
[12:15] {Geo} half lot?
[12:15] {Threei} yeah
[12:22] {dino} up it is
[12:24] {lisa_jay} Vad, how to play NTRI
[12:24] {Threei} .47 was the trigger at the moment
[12:24] {dino} banks moving up
[12:27] {Threei} dino's 8-ball is right again
[12:30] {Threei} NQ long entry on pullback is around here
[12:31] {Threei} stop under 75
[12:32] {Threei} according QID short near 74
06[12:34] * Threei kicks market in the rear
[12:36] {dino} not right enough tho
[12:36] {Geo} sigh..... of to work
[12:37] {Threei} hiho?
[12:38] {Threei} OK... no one gets my humor
[12:38] {Threei} what else is new
[12:39] {lisa_jay} ?
[12:39] {hawkfan4} it's not that we don't get it...;})
[12:39] {Threei} hi ho hiho... off to work we go...
[12:39] {Threei} oh great hawk... add to my already bottomless misery...
[12:40] {hawkfan4} lol, kidding :)
[12:40] {Threei} kidding? I don't get it
[12:41] {Threei} .me cancels his sense of humor forever
06[12:41] * Threei cancels his sense of humor forever
[12:41] {hawkfan4} hee, now that's funny!
[12:41] {Threei} too late
[12:42] {Threei} bands tightened
[12:43] {Threei} spike is coming
[12:43] {Threei} either way
[12:43] {Threei} most likely both ways, lol
06[12:46] * Threei repeats swift kick in market's rear
[12:47] {lisa_jay} ntri almost 1:1
[12:47] {dino} gj
[12:47] {Threei} wow oil
[12:47] {lisa_jay} thank you.
[12:50] {Threei} hmmm... market needs to wear some kind of pin... I seem to mistaken its rear for front
[12:54] {lisa_jay} UAUA made a new high
[12:54] {Threei} cover half QID here
[12:56] {Threei} good boy NTRI
[12:57] {Threei} half out .66
[12:57] {lisa_jay} wow!!!
[12:58] {Threei} offer NQ balance just above 1285
[12:58] {Threei} bid to cover QID balance under 73
[12:58] {lisa_jay} wow!!!!
[12:59] {dptl} jnpr?
[13:00] {Threei} hard to tell JNPR...
[13:00] {Threei} if market goes for new highs, sure
[13:00] {dptl} ok ty
[13:01] {Threei} balance stopped on NQ and QID
[13:04] {lisa_jay} Vad is there an alternative way to play QID & NQ calls...my platform does not allow me to short QID. Thanks.
[13:04] {Threei} play long QQQQ instead
[13:04] {Threei} just less effective
[13:04] {Threei} less risk too
[13:06] {lisa_jay} ok, thanks
[13:06] {Threei} compare ranges... 70 cents QQQQ vs 3.20 or so QID
[13:07] {Threei} gives you idea of volatility
[13:08] {lisa_jay} yes, there was a 15c move in qqqq since your call (appx.)
[13:09] {Threei} out balance NTRI .40
[13:09] {Threei} shuld have stay with plan, designated it as a scalp from the get-go
[13:11] {Threei} and should have taken those typing courses
[13:11] {lisa_jay} was NTRI a scanner play?
[13:12] {Threei} oh, and should have ignored those humor development course - obviously wasted money
[13:12] {Threei} yes
[13:12] {lisa_jay} Lol.
[13:12] {Threei} or maybe not...
[13:13] {Threei} lol
[13:13] {Threei} UAUA nice drop
[13:14] {lisa_jay} Your prediction of spike both ways is coming true.
[13:15] {Threei} yeah
[13:15] {Threei} that's what we do lately
[13:15] {Threei} amazing insensitivity to market movement we developed... -370 DJI, feels like narrow day
[13:16] {Threei} is this NTRI bidder for real?
[13:21] {Threei} he is
[13:26] {Threei} UAUA refuses to lose .50
[13:26] {dino} going for lows
[13:28] {Threei} OPEC PRES KHELIL: PRIMARY CONCERN IS HOW RECESSION MAY AFFECT ITS MEMBERS, DO NOT WANT TO HURT COUNTRIES ENCOUNTERING DIFFICULTY IN FINANCIAL CRISIS
[13:28] {Threei} - Notes as well that it does not want low prices to negatively affect members, and stocks are very high with members unable to sell oil
[13:28] {Threei} - Remarks that is positive that other non-OPEC countries will support and contribute to the cut in production
[13:30] {Threei} last time I looked their cost of extraction was around $1-3 per barrel
[13:30] {Threei} what is "low price" for them?
[13:31] {dino} 50
[13:32] {Threei} as far as I am concerned, anything above $10 is excessive
[13:33] {Threei} too bad no one is concerned about my concern
[13:34] {dino} \distracted today
[13:36] {Geo} sheesh hiho
[13:36] {Geo} i looked it up in laser
[13:36] {Threei} ROFL
06[13:39] * laserdave1 slaps Threei around a bit with a large trout
[13:40] {Threei} ugh
06[13:40] * laserdave1 slaps Chaeron around a bit with a large trout
[13:40] {Threei} he sneaks in again
06[13:40] * laserdave1 slaps Geo around a bit with a large trout
06[13:40] * laserdave1 slaps magoo around a bit with a large trout
[13:40] {Geo} shoot missed
06[13:40] * laserdave1 slaps laserdave1 around a bit with a large trout
06[13:40] * magoo slaps Threei around a bit with a large trout
06[13:40] * magoo slaps Threei around a bit with a large trout
06[13:40] * laserdave1 slaps Threei around a bit with a large trout
06[13:40] * magoo slaps patience around a bit with a large trout
[13:40] {patience} magoosky!
[13:40] {patience} when are you going hunting?
[13:41] {magoo} november
06[13:42] * Geo abhors violence
[13:42] {Threei} wow SLW
[13:42] {Geo} unless on others
[13:46] {Threei} sheesh
[13:46] {Threei} look at this jerkiness
[13:52] {dino} this market blows today, things are stuck
[13:52] {magoo} it blew all week
[13:53] {dino} brb, have to hit liquor store
[13:53] {Geo} youre not doing that bad dino
[13:53] {magoo} vad..open house tomorrow?
[13:54] {dino} not at all. just that the scotch bottle is about dry
[13:54] {Geo} glenmorangie?
[13:54] {dino} :)
[13:56] {Threei} yes mags
[13:57] {Threei} (unless no one comes)
[13:57] {magoo} yes what?
[13:57] {Threei} but we still keep door open
[13:57] {Threei} hmmm... you are asking for it... but I am not obliging
[13:58] {magoo} asking for what?
[13:58] {Threei} {--- barely holding... but holding
[13:58] {Threei} willpower
[13:58] {magoo} holding what?
[13:58] {Threei} more willpower
[13:59] {Threei} wait... what I am doing restricting my self from pure joy
06[13:59] * Threei slaps magoo around a bit with a large trout
[14:00] {Threei} SLW wortha try for scalp here with 3 cents stop
[14:01] {Threei} make sure 4 is holding and 4.02 getting hit
[14:01] {Threei} try to catch last shares at 4.02
[14:02] {Threei} nope
[14:04] {dino} ok, i went to store at -350, i come back -350
[14:04] {Threei} lol
[14:04] {Threei} see, hawk walks to the bank with more effect on the market
[14:05] {dino} market does not appreciated spirits
[14:08] {Threei} hmmm
[14:08] {Threei} -400 aupon your return
[14:09] {Threei} something to think about? :)
[14:12] {Threei} in UAUA, stop under 15
[14:12] {Geo} whats your price vad?
[14:12] {Threei} .16
[14:13] {Geo} ok .1660 here
[14:13] {lisa_jay} Geo how do you enter and exit so fast.
[14:13] {Geo} all about hotkeys for me
[14:14] {Threei} mouse here
[14:14] {Threei} just as fast
[14:14] {Geo} nah
[14:14] {Threei} heh
[14:14] {Geo} i believe vads faster brain compensates slow mouse
[14:14] {lisa_jay} If you don't mind me asking, Geo, what was your entry?
[14:15] {Geo} [11:13] {Geo} ok .1660 here
[14:15] {lisa_jay} Oh shit...sorry cursing.
[14:15] {lisa_jay} I thought target was .16. I should just shut down and go take a nap.
[14:16] {magoo} none of that tomorrow lisa lol
[14:16] {Threei} isn't bouncing with NQ really
[14:16] {magoo} no trouting either
[14:16] {Threei} too tired I guess
[14:18] {Geo} hmmm not very strong
[14:18] {Threei} Lehmaan CREDIT SWAPS HAVE REPORTEDLY SETTLED WITHOUT INCIDENT
[14:19] {Threei} ths should prop the market
[14:19] {Threei} that was serious concern
[14:20] {dino} that should be great news
[14:20] {Threei} $72B OF CREDIT SWAPS HAVE REPORTEDLY SETTLED WITHOUT INCIDENT THROUGH SELLERS PAYING $5.2B
[14:20] {Threei} 5.2 for 72
[14:20] {Geo} half out
[14:20] {Geo} .26
[14:21] {Geo} stop 15.10 vad?
[14:21] {Threei} the way you play it, yes
[14:21] {Geo} also curious about yours pls? :)
[14:21] {Threei} I am just offering .40
[14:21] {Geo} ok
[14:21] {Threei} with old stop
[14:22] {Geo} no 1/4?
[14:22] {Threei} not even 1/2
[14:22] {Geo} ooooh
[14:24] {Threei} hmmm... really feels tired
[14:24] {Threei} may have to adjust
[14:25] {Geo} pitched most aat 1:1
[14:25] {Geo} not folowing NQ
[14:25] {Threei} another market spike
[14:25] {Threei} let's ee if it helps
[14:25] {Threei} not really
[14:26] {Geo} out .11
[14:26] {Threei} out .27
[14:26] {Geo} at .27
[14:26] {Geo} heheh
[14:26] {Geo} vad gotta say...
[14:26] {Geo} a few months ago i would be blind to all of this
[14:27] {Geo} so thanks :)
06[14:27] * Threei is now known as eye-opener
[14:27] {Geo} third eye?
[14:27] {Geo} sheeeit now it rises
[14:27] {lisa_jay} Lol, i am so silly. Could have entered trade at .02, sigh.
[14:28] {Geo} why?
[14:28] {Geo} no one can bottom tick perfectly
[14:28] {Geo} i wanted to see it come back
[14:28] {Threei} oil 66s?
[14:29] {lisa_jay} no, after i realized where you entered, waited for pullback and it pulled back all the way to .01
[14:29] {Geo} yes vad
[14:29] {Geo} yes it did lisa :)
[14:29] {Threei} here is my .40
[14:29] {Threei} sigh
06[14:29] * Geo thinks vad is influenced by geo
06[14:30] * Geo ducks
[14:30] {Threei} is someone at GS feeling pretty stupid about $200 target?
[14:30] {lisa_jay} sorry guys, will be more alert next time.
[14:31] {Geo} nope the say guy said 50 now
[14:34] {Geo} so vad.... how did ya come up with 40? prev support?
[14:34] {dino} i think t.boone pickens is
[14:35] {Threei} just gut feeling
[14:35] {Geo} ok
[14:35] {Geo} you and magoo pretty good at gut targets
[14:40] {magoo} this mkt wearing me out..i go up every morning and go down every afternoon
[14:41] {Threei} it adopted this trend of dropping second hakf of the day
[14:41] {Threei} why not cut down afternoon
[14:41] {magoo} i waited all afternoon to get sucked in justr now on that up
[14:42] {magoo} that 14:05 up
[14:42] {Threei} -450 dow
[14:45] {patience} -404 tsx
[14:45] {dino} theres the 8600
[14:46] {dino} -7.5% since monday. these moves are insane
[14:46] {dino} they do a year in half a day
[14:48] {laserdave1} magoo dcc please
[14:48] {magoo} crap
[14:51] {dino} lol
[14:51] {Threei} wow UAUA
[14:51] {Geo} hmmmm
[14:52] {Geo} is it tin hat time?
[14:53] {Threei} QID .50 break... scary
[14:53] {Geo} stop?
[14:54] {Threei} under .20 I'd think
[14:54] {Geo} NQ 44?
[14:55] {Threei} target closer to 78 QID
[14:55] {Threei} or just scalp... really hard to tell
[14:55] {Threei} emotions are running high again
[14:56] {Threei} nything can happen in a blink of eye
[14:57] {Threei} sold half .73
[14:57] {Threei} mostly to reduce risk than on valid read
[14:57] {Threei} stop to under .40
[14:58] {Threei} out second half
[14:58] {Threei} .35
[15:04] {dino} brb
[15:05] {Threei} look CNN
[15:05] {Geo} ?
[15:08] {Threei} ugh
[15:08] {Threei} wanted UAUA short .50 but it broke way too fast
[15:08] {Threei} not sure about bounce
[15:09] {Threei} had in mind quick scalp, and that played out in seconds
[15:10] {Threei} CNN at the time talked about website rendered credible source by analysts,
[15:10] {Threei} calling for an attack on US before the election
[15:11] {Threei} bounce was still a good entry on UAUA...
[15:12] {magoo} not so smart..dubya will kick their asses
[15:12] {magoo} wait for oisama obama
[15:12] {Threei} according to analysts their idea is to impact the election itself
[15:12] {Threei} trying to support McCain by attack
[15:12] {magoo} it would hurt obama..help mccain
[15:12] {Threei} right
[15:12] {Threei} and that's what they want
[15:13] {Geo} why?
[15:13] {Geo} not in their interest?
[15:13] {Threei} to keep fighting
[15:13] {Geo} crap
[15:13] {Threei} keep USA engaged
[15:13] {Threei} try to exhaust
[15:13] {Threei} and keep their mission alive
[15:14] {Geo} cant we nuke em?
[15:14] {Geo} please?
[15:16] {lisa_jay} Look at Uaua break 14.
[15:17] {Geo} QID almost 79
[15:17] {Threei} yeah... I took short and .20, scalped covering at 14.06
[15:17] {Threei} too risky to call
[15:18] {Threei} see how it teleports?
[15:18] {Threei} 10-15 cents
[15:18] {Threei} almost with no traades inbetween, just disappears in one spot and surfaces in another
[15:18] {lisa_jay} Yes.
[15:18] {Threei} -480 DJI
[15:18] {Threei} end of the world is coming again?
[15:20] {Threei} took small QID
[15:20] {Threei} stop under .80
[15:21] {Threei} held like charm so far
[15:21] {Threei} now go
[15:21] {Threei} stopped
[15:22] {Threei} need sufficient pullback for more confident entry
[15:23] {dino} how about bush putting that warning out just to frighten voters to mccain
[15:23] {Threei} what an ubelievably touching e-mail
[15:23] {Threei} Here writes Madam Margaret Clark, suffering from cancerous ailment. I am married to Engineer Gilbert Clark an Englishman who is dead.
[15:23] {Threei} I am crying
[15:23] {Geo} how many million vad?
[15:23] {Threei} My husband died after a protracted illness. My husband and I made a vow to uplift the
[15:23] {Threei} down-trodden and the less-privileged individuals as he had passion for persons who can not help themselves due to physical disability or
[15:23] {Threei} financial predicament.
[15:23] {Threei} wait... I am still crying
[15:24] {Geo} did i tell you i reply to all of them?
[15:24] {Geo} one line only
[15:24] {Geo} send me 100 by paypal and well talk
[15:24] {Threei} hehe
[15:24] {Threei} oops
[15:24] {Threei} 4.4 Million (four million Four Hundred Thousand USD)
[15:24] {Threei} nah
[15:24] {Threei} too small
[15:24] {Geo} every time they reply back and protest i double it
[15:25] {Geo} never worked beyond 3rd reply though
[15:25] {Geo} :(
[15:25] {Threei} there is a guy in UK I think who engages with them and tries to milk them
[15:25] {Threei} sometimes successfully
[15:25] {Threei} quite dangerous game, many are hardened criminals
[15:26] {Threei} Recently, my Doctor told me that I have limited days to live due to the cancerous problems I am
[15:26] {Threei} suffering from. Though what bothers me most is the stroke that I have in addition to the cancer.
[15:26] {Threei} back to crying
[15:26] {Threei} couldn't bering myself to go for this bounce UAUA
[15:27] {Threei} probably because of all the crying
[15:29] {Threei} more flush is coming
[15:29] {peterg} dow 500
[15:29] {peterg} back to the submarine, while plunging
[15:29] {Threei} did we go through all the gaps yet?
[15:30] {Threei} yeah
[15:30] {Threei} NEW YORK FED SAYS THAT THE FED WILL EXPAND THE MONEY MARKET BUYING PLAN BEYOND THE INITIAL LIST OF 50 CANDIDATE FIRMS
[15:31] {Threei} so, are we aiming for total state ownership of everything?
[15:33] {Threei} pcause if so, why worry whether one of candidates is sociaist
[15:33] {Threei} {--- looking forward to morning geeting "hello comrade magoo"
[15:36] {Threei} -600 is coming
[15:36] {Threei} you guys are alive out there?
[15:36] {magoo} and my "morninK comrades"
[15:36] {lisa_jay} yes.
[15:36] {peterg} So Vad, how many guests tomorrow at party?
[15:37] {Threei} you mean Dow 8000 party?
[15:37] {Threei} chaeron will come if he finds according hat
[15:37] {peterg} Na, trading room paryt
[15:37] {peterg} party
[15:37] {Threei} 2-3 I guess
[15:37] {peterg} between two and thrity one
[15:38] {peterg} mass email indeed
[15:38] {Threei} having hard time with that e-mail
[15:38] {peterg} you got to send out 5000000000
[15:38] {Threei} -600 is here
[15:38] {peterg} rimm really unwound
[15:39] {peterg} armageddon be commin
[15:39] {peterg} ragnarok
[15:39] {peterg} gotterdammerung
[15:39] {Threei} massaraksh
[15:40] {peterg} del!
[15:40] {peterg} icious
[15:40] {Threei} wow RIMM
[15:40] {Threei} 40s
[15:40] {Threei} who would have thought we live to see this
[15:41] {peterg} what are we seeing?
[15:41] {Threei} RIMM in 40s?
[15:42] {Threei} bounce time
[15:47] {Threei} magoo... fess up... went for RIMM off 47?
[15:49] {magoo} no vqad..im getting trired and worn down
[15:49] {magoo} mkts depressing me
[15:49] {Threei} oh come on
[15:49] {magoo} seriously
[15:49] {Threei} you want to trade bulinsh market only?
[15:50] {magoo} was up 1200 all 3 days to lose everyday
[15:50] {Threei} just don't focus on opinion
[15:50] {Threei} why no trailing stop on account as we discussed?
[15:50] {Threei} being up 1200, no way I'd ghome with less than 900
[15:51] {magoo} yup
[15:51] {magoo} losing every afternoon
[15:52] {dptl} ok...have a good evening all :)
[15:52] {Threei} take care dp
[15:53] {Threei} qute a bounce
[15:58] {Threei} wicked closing every day
[15:58] {Threei} Ok guys, thank you all
[15:58] {Threei} have a good evening, see you tomorrow
[15:58] {hawkfan4} amazing stuff, thx vad
[15:58] {Threei} and you comrade magoo... re-read Politburo instructions on traliling stop
[16:00] {dino} man, tough day to be sidetracked
[16:00] {magoo} achtung mine capitan
06[16:00] * Threei slaps magoo around a bit with a large trout
[16:01] {magoo} oops..wrong book
[16:01] {Threei} lol
[16:01] {dino} 1000 pt move in 2 days
[16:01] {magoo} CME down 80 points this week
[16:01] {Threei} beware of comrade General Secretary Paulson
[16:02] {magoo} amzn vad
[16:02] {magoo} put up
[16:04] {Threei} REPORTS Q3 $0.27 V $0.25E, R $4.26B V $4.27BE
[16:04] {Threei} - Guides Q4 Rev $6B-7B v $7.02Be
[16:04] {Threei} - Guides FY08 Rev $18.46B-$19.46B v $19.49Be
[16:04] {Threei} wwhat beating
[16:04] {magoo} ty
[16:04] {magoo} caught it sah 47
[16:05] {magoo} short
[16:05] {Threei} covered yet?
[16:05] {magoo} out 42
[16:06] {Threei} made up for aftrenoon losses?
[16:06] {magoo} flat..
[16:06] {magoo} sigh
[16:06] {Threei} now, go home and SIN NO MORE!!
[16:06] {hawkfan4} lol, nice mags
[16:06] {magoo} hare von comadante'
[16:06] {Threei} made nice money - put a trailing stop on account
[16:06] {magoo} damm wrong manuel
[16:07] {Threei} AMGN
[16:07] {magoo} amgn vad
[16:07] {Threei} REPORTS Q3 $1.23 V $1.08E, R $ V $3.7BE, INCREASES FORECAST
[16:07] {Threei} - Guides FY08 $4.45-4.55 v $4.38e; R $ v $14.82Be