Feb 20 2008

Session Time: Wed Feb 20 00:00:00 2008

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[08:05] {Threei} With GRMN exploding on good earnings, interested in SIRF here
[08:06] {Threei} wow... heard of adage "buy stock if you like the product"? so much for that:
[08:07] {Threei} SHRP FILES FOR CHAPTER 11 BANKRUPTCY PROTECTION
[08:07] {Threei} how cool their selection is... and there you go
[08:07] {bruce} planning to do premarket trades vad?
[08:08] {Threei} if I see SIRF activity, yes
[08:08] {bruce} k
[08:08] {Threei} it's at the very bottom of the chart after being pounded couple weeks ago
[08:09] {Threei} with such stimuli as GRMN earnings/guidance/gap, may provide us with scalp
[08:09] {bruce} I'm w you
[08:10] {Threei} since that gap down it danced around 7 support,
[08:10] {Threei} closed at 7.11 yesterday,
[08:10] {Threei} touched 7.30 this morning,
[08:11] {Threei} has nice sizes at 7.100 right now
[08:12] {Threei} so the structure I see at this point would be 7.30 break as a long trigger, stop under 7.10, with idea of either scalp into spike if breaks big offer at 7.35
[08:12] {Threei} or if moves in a sustainable manner, maybe more than scalp
[08:12] {Threei} NQ is red so kind of hard to count on follow through... but who knows, in any bear market there are bull islands
[08:14] {bruce} k
[08:14] {bruce} watchng for break
[08:15] {bruce} do you know how touse stock alert feautre in modules vad?
[08:16] {Threei} nope
[08:16] {Threei} alert is benign thing, just experiemtn with it :)
[08:16] {Threei} it's not like it's going to buy and sell without you knowing
[08:17] {bruce} couldn't figure it out
[08:18] {bruce} didn't seem any way to enter a sotck into it
[08:18] {bruce} thanx anyway
[08:18] {Threei} open this window and click Property
[08:19] {Threei} it will open a window to enter stocks
[08:19] {Threei} Property is a little icon right under Window in menu, hover your cursor on it to see a tooltip
[08:20] {Threei} 4th from the right
[08:20] {bruce} cool
[08:20] {bruce} see it now
[08:20] {Threei} :)
[08:20] {bruce} thanx
[08:20] {Threei} sure
[08:20] {bruce} never used that property icon before
[08:21] {Threei} it's the same as right click on the window you want to modfify
[08:21] {Threei} summons the property window
[08:23] {bruce} I tried right clicking the alerts box but nothing happens
[08:24] {bruce} alerts can be handy for stuff like double bottom or a stock hitting major support level
[08:24] {Threei} for some windows it's that button
[08:25] {bruce} never realized that
[08:25] {bruce} thanx again
[08:26] {bruce} sirf close to trigger
[08:28] {Threei} getting any warmer in prairies bruce?
[08:29] {bruce} you know the story
[08:29] {bruce} many temp changes day today
[08:29] {bruce} actully gota bit above rfreezing last saturday
[08:29] {bruce} then back down
[08:30] {bruce} its livable
[08:30] {bruce} I don't mind anything above -15
[08:30] {Threei} *JAN CPI M/M: 0.4% V 0.3%E; CPI EX-FOOD & ENERGY: 0.3% V 0.2%E
[08:31] {Threei} *JAN HOUSING STARTS: 1.012M V 1.010ME; HOUSING PERMITS 1.048M V 1.050ME
- Prior housing starts revised from 1.006M to 1.004M
[08:31] {Threei} - Prior housing permits revised from 1.068M to 1.08M
[08:31] {Threei} (CA) JAN LEADING INDICATORS M/M: 0.2% V 0.0%E
[08:32] {Threei} (CA) DEC INTERNATIONAL SECURITIES TRANSACTIONS: C$1.241B V C$1.5BE
- Prior revised from -C$4.84B to -C$4.898B
[08:34] {Threei} CPI All Items Year/Year
[08:34] {Threei} 4.3%
[08:34] {Threei} Ex Food,
[08:34] {Threei} Energy
[08:34] {Threei} 2.5%
[08:44] {magoo} morning
[08:44] {Threei} mags :)
[08:47] * bruce slaps magoo around a bit with a large trout
[08:48] {bruce} there - start your day right for you mags
[08:49] {_fastchocho} gm
[08:50] {magoo} : )
[08:50] {Threei} morning fastchocho, welcome to the room
[08:50] {_fastchocho} ty
[08:50] {magoo} yes, morning fast
[08:51] {_fastchocho} ty
[08:51] {bruce} ntri haircut
[08:52] {magoo} vad, u watching grmn for a scalp up? i know u watyching SIRF from scroll
[08:52] {magoo} last nite bruce
[08:54] {bruce} k mags
[08:55] {Threei} rather watching SIRF bbased on GRMN
[08:56] {Threei} GRMN may present opportunity as well, it's a volatile one
[08:56] {Threei} will see
[08:56] {magoo} like rimm
[08:56] {cosmo} SIRF looks flat imo
[08:57] {Threei} NASDAQ doesn't look encouraging for longs
[08:57] {Threei} CPI numbers don't help
[08:57] {Threei} inflation creeps in
[08:58] {cosmo} what the world needs now.... is $40 oil
[08:58] {Threei} 35 is even better
[08:58] {Threei} let's vote?
[08:59] {Threei} I am all forit
[08:59] {cosmo} $20 i say
[08:59] {cosmo} like old times...
[09:00] {Raven}
3 long time ago good ... now heap shit
[09:00] {Raven}
3 an old Indian
[09:00] {cosmo} hmm
[09:01] {magoo} play qid today vad, keep eyye on it
[09:01] {Threei} or as the oldest cuneiform ever found says "Times gone bad. Youth doesn't listen to elders and drinks undiluted wine"
[09:02] {Raven}
3 nice
[09:02] {cosmo} perenial human nature
[09:03] {Raven}
3 perennial ?
[09:03] {Threei} Lehman''s current Q1 WTI price forecast is $86/barrel. A Goldman analyst said overnight that the firm still expects oil prices to break $105/barrel in the second half of 2008, adding that it is possible that we will see a pullback in oil prices before the second half.
[09:03] {cosmo} primordial?
[09:03] {Raven}
3 maybe
[09:03] {cosmo} checking...
[09:03] {Raven}
3 k
[09:04] {dptl} good morning all
[09:04] {Threei} dp :)
[09:04] {Threei} FOMC minutes from the January 29/30 policy-setting meeting will take the helm mid-day. Recall that the Fed cut rates by 50bps at the late- January meeting. The market is likely to scrutinize the Fed, looking for signs of panic amongst the MPC, and will also look for a solid explanation as to why the Fed cut rates by 75bps in a surprise move on January 22.
[09:04] {magoo} PD :)
[09:07] {cosmo} CEGE
[09:08] {cosmo} ... should be holding here
[09:10] {curtisweese} it going to be ugly today?
[09:11] {Threei} it's ugly already
[09:11] {Threei} what happens next... let's refrain from forecasts, not many of those materialized lately
[09:12] {Threei} I don't want to chase shorting right out of the gate
[09:12] {Threei} sudden spikes shaking out shorts are common
[09:13] {esemde} morning Vad.....seems like good advice right out of the gate ....
[09:13] {Threei} ese :)
[09:13] {curtisweese} what about ETFC? that looks like a short at 4.90 or so might be there before open though
[09:14] {dino} gm all
[09:14] {Threei} dino :)
[09:14] {esemde} dino
[09:14] {Threei} if it forms the setup curtis.. why guess
[09:15] {Threei} ETFC tends to trade quite narrowly unless gets news
[09:15] {Threei} or rumors, this one is very rumor=prone
[09:18] {Threei} http://www.realitytrader.com/blog/2008/02/trading-psychology-stage-2.html
[09:22] {curtisweese} ency bought by pfizer for 2.35 share....closed at 1.06 nice one if you own it
[09:23] -} *services* REGISTER Geog geog
[09:23] {magoo} good blog vad, just read it ..thanx
[09:23] {Threei} always
[09:24] {Threei} don't take ice cream from the passerbys, ok?
[09:24] {magoo} i my case, u mean beat the hot dog vendor don't u?
[09:25] {Threei} if that's what you fancy
[09:31] {lumdus} good morning all.
[09:31] {Threei} lum :)
[09:31] {magoo} lum:)
[09:31] {Threei} SIRF is slow, and GRMN drops hard
[09:32] {magoo} look at that drop
[09:32] {Threei} I'd say, 7.22 worth a try with .15 stop
[09:32] {magoo} sigh
[09:32] {Threei} just a scalp most likely
[09:32] {magoo} full lot?
[09:32] {Threei} sure
[09:32] {Threei} thock stock, tight stop
[09:32] {Threei} thick
[09:33] {Threei} gain is not likely to be spectacular
[09:33] {dino} out hurn swing yesterday p.m. +2.00
[09:33] {Threei} so small lot makes no sense at all
[09:33] {Threei} GRMN bounce play, small shares off 70
[09:33] {Threei} don't chase, jumped while I typed
[09:35] {Threei} get ready
[09:35] {magoo} wow
[09:35] {Threei} cross back over 70 long if holding above .70
[09:35] {Threei} in .01
[09:36] {Threei} 1:1 easy
[09:37] {Threei} and that was all it gave so far
[09:39] {magoo} outr here .57
[09:39] {magoo} missed fisrst ecxit
[09:39] {Threei} good job
[09:39] {Threei} I took first exit but didn't pull trigger on .30 break second time around
[09:39] {magoo} i laid out .57 first and no fill..a lil scary there but only half
[09:40] {magoo} look at that typing he he
[09:40] {magoo} [09:39] {magoo} outr here .57
[09:40] {magoo} [09:39] {magoo} missed fisrst ecxit
[09:40] {magoo} [09:39] {Threei} good job
[09:40] {magoo} [09:39] {Threei} I took first exit but
[09:41] {dino} fslr sm l .50
[09:41] {lumdus} in qcom 42.59
[09:41] {lumdus} long
[09:42] {dino} out 205 .50, +1.00
[09:42] {Threei} GRMN totally lost the idea of where the north is
[09:42] {lumdus} stop on qcom 42.47
[09:45] {Threei} watching QID for bounce play
[09:45] {Threei} NASDAQ is due to pullback it feels
[09:46] {dino} irbt l .00, stop lod
[09:46] {lumdus} qcom qo up already ..
[09:47] {Threei} QID support 51.90 for stop placement
[09:47] {Threei} hard to nail exact entry
[09:47] {magoo} yeah..i missed .99
[09:47] {lumdus} magoo dcc
[09:48] {Threei} SIRF 1:1
[09:48] {Threei} scalpers take profit
[09:48] {Threei} sane traders, let it trade
[09:49] {lumdus} any news on sirf ?
[09:49] {Threei} no
[09:50] {dino} sm fslr l .12
[09:50] {lumdus} qcom stop b/e 42.59
[09:52] {Threei} QID long on cross back over 52
[09:52] {Threei} stop .89
[09:53] {Threei} if loses .90 here wait
[09:54] {Threei} hesitation
[09:54] {lumdus} stop on qcom 42.67 looks like an all day ride maybe.
[09:54] {Threei} invalidated QID
[09:55] {lumdus} qcom stp 42.71
[09:55] {magoo} long qid .99
[09:56] {Threei} SEED half lot long .60
[09:56] {magoo} out .11 TY
[09:57] {Threei} stop under .40
[10:00] {lumdus} qcom out 42.70 + .11
[10:02] {magoo} SEED vald?
[10:02] {Threei} yes
[10:02] {magoo} ty
[10:03] {esemde} correct me if i'm wrong but even though the market is pushing down...it's not that hard seems to be losing steam to the down side
[10:04] {Threei} you are not wrong
[10:04] {cosmo} CROX
[10:04] {Threei} watching FFIV
[10:04] {Threei} 23.06 long trigger if stays above 22.90
[10:04] {lumdus} bac watch for a short..
[10:06] {lumdus} short bac 41.93 stop 42.07
[10:09] {Threei} FFIV holding well, waiting for market help
[10:09] {magoo} qid short scalp soon imho
[10:09] {Chaeron} gm all
[10:09] {Threei} chaeron :)
[10:09] {magoo} short qid .4o\
[10:10] {_fastchocho} short leh
[10:11] {Threei} SIRF, scalpers win
[10:11] {Threei} again
[10:11] {magoo} lately..they do
[10:11] {Threei} LEH stop above 54 fast?
[10:12] {_fastchocho} 54 stop looks ok
[10:12] {dino} irbt stopped .81 -.19
[10:13] {magoo} out QID .24, plus whatever
[10:13] {Threei} ah come on magoo
[10:13] {Threei} whip out the calculator, don't leave us hanging
[10:13] {magoo} i posted setup boss
[10:13] {_fastchocho} the lond GRMN looks good
[10:13] {Threei} suspence is killing inquiring minds
[10:13] {_fastchocho} long
[10:13] {magoo} lets see...uh..carry the 3..subtracr the
[10:13] {bruce} seed close to trigger
[10:13] {lumdus} vad, you looking to short LEH ?
[10:14] {lumdus} looks more long to m.e i think
[10:14] {_fastchocho} yes
[10:14] {Threei} no lum, it's fasat's play
[10:14] {lumdus} oh, ..
[10:14] {Threei} fast's
[10:14] {_fastchocho} lum whatdo you think?
[10:14] {Threei} I have this bad habit to be curious about someone else plays :)
[10:14] {lumdus} not short .. maybe long
[10:15] {Threei} SEED is honestly trying
[10:15] {Threei} FFIV nears trigger
[10:16] {magoo} in SEED aggressive .59
[10:16] {Threei} magoo and aggressive... who would have ever thought
[10:17] {_fastchocho} magoo whats ur target for SEED?
[10:17] {magoo} already waiting .74
[10:17] {magoo} scalparoo
[10:17] {magoo} OUT
[10:17] {magoo} Fukll lot
[10:17] {magoo} TY boiss
[10:18] {Threei} you are welcome but don't cry now
[10:18] {magoo} too late ..crying
[10:18] {Threei} out .87
[10:18] {Threei} +.27
[10:18] {dino} onxx l .35, stop .98
[10:18] {magoo} where u full?
[10:18] {Threei} yes sir
[10:18] {magoo} drats
[10:19] {magoo} u out fast?
[10:19] {Threei} fast, you out LEH?
[10:19] {_fastchocho} no still waiting to go in
[10:19] {Threei} oh
[10:19] {Threei} I though you shorted already
[10:20] {_fastchocho} no it was moving to fast
[10:20] {Threei} good thing then
[10:20] {magoo} fastcho, u out SEED?
[10:20] {Threei} FFIV triggered
[10:20] {_fastchocho} nope not in fast enough..lol
[10:21] {Threei} just don't change nick to slowchocho
[10:21] {magoo} lol
[10:21] {Threei} let current one be the motivation
[10:21] {dino} hmmmmm
[10:21] {magoo} now i am BALLING vad
[10:22] {esemde} LONG another 1/2 lot of SOLF 15.27
[10:22] {Threei} well, and I can't even gloat
[10:22] {Threei} since I am out too
[10:22] {magoo} its avail short u know
[10:22] {magoo} for a blow off scalp
[10:23] {Threei} FFIV stop .94 btw
[10:23] {Threei} 1:1 for those pesky scalpers
[10:23] {Threei} {pesky scalpers} look who is talking
[10:24] {magoo} waiting .23
[10:25] {Threei} SEED is famine stock
[10:26] {_fastchocho} wil SEED go to 12 anyone?
[10:26] {Threei} unless it goes back under 9 :)
[10:26] {magoo} it may go 10
[10:26] {_fastchocho} 9.07
[10:26] {Threei} it's a volatile jumpy one, highly impacted by the general market direction
[10:27] {_fastchocho} 9.15
[10:29] {_fastchocho} 8.98
[10:29] {magoo} OUT FFIV ty boss
[10:29] {Threei} half out FFIV for me
[10:29] {_fastchocho} te market is tuck in down trend
[10:29] {Threei} welcome mags
[10:29] {dptl} got to go.... have a good rest of the da all......o btw ty for FFIV Vad
[10:30] {Threei} take care dp and welcome
[10:30] {magoo} wait DP
[10:30] {dptl} no
[10:30] {Threei} lol
[10:30] * magoo slaps dptl around a bit with a large trout
[10:30] {dptl} :)
[10:30] {Threei} I know scalping rules... but FFIV acts like salmon
[10:30] {magoo} vad, dcc quick
[10:30] {Threei} gotta try for the chance of sizeable gain
[10:31] {Chaeron} a whole lotta talk about fish in this place....
[10:31] {_fastchocho} ok guys i am stuck..deciding between short LEH or GRMN
[10:31] {dino} flip a coin
[10:31] {dino} keep your stop
[10:33] {Threei} if I absolutely had to decide, I'd go with GRMN, fast
[10:34] {Threei} stop for the FFIV balance is trailed to .04
[10:34] {Threei} won't lose money on this one
[10:34] {Threei} worst case scenario I give back half of profit
[10:36] {Threei} see typicakl salmon action on FFIV?
[10:36] {Threei} stays put when market drops, makes new high when market bounces
[10:36] {dino} onxx stopp .00, -.35
[10:36] {Threei} that's what me likley
[10:36] {_fastchocho} whats target on FFIV?
[10:37] {Threei} no monetary target for me, rather going with the way it trades
[10:37] {Threei} while it crawls up slowly, without spikes, I am holding it,
[10:37] {Threei} maybe trailing stop if it forms nice readable support
[10:37] {Threei} if it spikes vertically with volume increase, either get out or trail stop tighter
[10:38] {Threei} will comment on the go
[10:39] {dino} itri l .40 ,sm stop .99
[10:40] {Threei} out 1/4 more FFIV
[10:40] {Threei} +.30
[10:40] {Threei} stop to 23.15
[10:40] {esemde} if SOLF bounces of 15.00 today......that would be a triple bottom....i'm gambling with a 1/2 lot here but this could prove to very profitable
[10:41] {esemde} I plan on adding more around the 15.50 Area
[10:41] {esemde} if conditions are right.
[10:45] {bruce} rimm AS BREAKOUT LONG VAD?
[10:45] {bruce} sorry about caps
[10:48] {Threei} I like it bruce
[10:48] {Threei} I would prefer pullback entrey
[10:48] {Threei} like now
[10:49] {Threei} stop is under .90 so better get it closer to support
[10:49] {esemde} rimm
[10:49] {esemde} opps....your on to it
[10:49] {dino} irbt l .65, stop .37
[10:49] {Threei} hard to tell if market rug pull is coming or we still have gas left
[10:50] {dino} magoo has gas left
[10:50] {magoo} HEYT
[10:51] {Threei} a bit more info than we ever care for... :)
[10:51] {bruce} too many chili dogs for him dino?
[10:51] {dino} lol
[10:53] {dino} itri stop to .78
[10:53] {Threei} not holding support RIMM
[10:54] {bruce} ntri dino
[10:54] {bruce} yes - see that vad
[10:54] {bruce} passing on it for now
[10:54] {dino} out itri slip .75, +.35
[10:56] {dino} i can't borrow it bruce, ntri
[10:56] {dino} don't like when they limit me to one way
[10:56] {magoo} grmn looks ready to go up..any read vad?
[10:57] {Threei} not sure mags, tough read
[10:58] {Threei} if holding above .70, try long .91
[10:58] {Threei} at least this is sensible structure
[10:59] {bruce} k dino
[11:00] {magoo} ok, but do not have to try it..if not good
[11:00] {Threei} yeah, it's pretty much 50/50 here
[11:01] {Threei} TMRK COLLABORATES WITH WITH CDC GAMES TO BREAK NEW GROUND IN ONLINE GAMES
[11:03] {Threei} ONXX small shares long .50 break if stays above .30
[11:04] {bruce} eqix possible reversalnear here dino
[11:05] {Threei} OHIO ATTY GEN: LOOKING AT POTENTIAL LAWSUIT V FNM OVER DISCLOSURE OF SUBPRIME HOLDINGS{FNM}
[11:05] {Threei} .60 breakdown worth a try short FNM
[11:05] {Threei} half lot
[11:06] {Threei} stop/invalidating level .81
[11:06] {dino} see if .50 holds
[11:07] {Chaeron} onxx
[11:07] {Threei} triggered
[11:08] {Threei} lose .50 and die FNM
[11:09] {Threei} trail stop to .71
[11:10] * Threei slaps Laserdave1 around a bit with a large trout
[11:10] * magoo slaps Laserdave1 around a bit with a large trout
[11:10] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:10] {Threei} group support
[11:10] {Threei} for me
[11:10] {Threei} group therapy for dave
[11:11] {Threei} no worky FNM
[11:12] {magoo} man..not in..but look grmn..says it all about mkt
[11:12] {Threei} yeah, told you liked it short more
[11:12] {Laserdave1} howdy all
[11:12] {Threei} oh hi dave
[11:12] {magoo} hi dave
[11:12] {Chaeron} Dave!!!
[11:13] {Laserdave1} lol
[11:13] {esemde} dave!!!
[11:13] {Laserdave1} my fine friends
[11:14] {Threei} ok ONXX, it's time
[11:14] {Threei} move your heavy butt, will ya
[11:16] {Threei} GRMN SEES COMPETITION INCREASING IN 2008 - CONF CALL
[11:16] {magoo} thats it then
[11:17] {magoo} 74 highs pre mkt
[11:18] {Threei} ONXX over 1:1
[11:18] {Threei} out +.30
[11:18] {dino} eqix was a beauty bruce, i missed it, was waiting .82
[11:18] {magoo} nice vad
[11:19] {Threei} thank you magoo, you ever so kind to me... noone but you puts my name and nice in the same sentence
[11:19] {dino} out fslr 205.72, +1.60 sm
[11:20] {Threei} wow
[11:20] {Threei} wtg dino
[11:20] {dino} spnc l .92, stop .77
[11:20] {magoo} ONXX text book on why u layout ahead vad
[11:20] {dino} lucky, sm kept me in
[11:21] {Threei} on thinnies, yes
[11:21] {Threei} not always get bids to hit so better offer it out into spike
[11:21] {Threei} and use laser fast sell to get out if not taken at the offer
[11:22] {dino} onxx l .30
[11:22] {Threei} wow, beautiful entry
[11:24] {Threei} and a lot of patience... I would be out on that spike right after you grabbed it :)
[11:32] {magoo} the sell from hell grmn
[11:36] {dino} spnc stopped -.15
[11:39] {esemde} LONG full lot SOLF avg position .38
[11:40] {esemde} my appologies to those of you new to the board....positon or swing trdaing is not what this board is about....
[11:41] {Threei} but we like to salivate when ou post your exits
[11:41] {magoo} i just like slapping him
[11:41] {dino} es always breaking the rules
[11:41] {esemde} I did well with that position in SOLF that I had at 16.10.....partialed that out up to 18.00 and a bit....
[11:42] {esemde} we'll see how this works
[11:43] {esemde} hugely profitable company thats just having the crap... beat out of it....
[11:44] {esemde} keeping in mind of course that you should NEVER fight the bear going long
[11:44] {esemde} never know.....I might be in to early
[11:45] {magoo} if mkt goes down here vad..kinda like rimm short..amny read?
[11:47] {bruce} nvda looks like short
[11:48] {Threei} NVDA looks better short than RIMM
[11:56] {Threei} see how RIMM happily makes new highs while NVDA stays put?
[11:57] {magoo} yes..my read off on it
[12:01] {dino} ima
[12:02] {dino} l .02 sm
[12:03] {Threei} hawk, look dcc please
[12:04] {dino} spike mkt
[12:04] {Threei} out of nowhere
[12:04] {Threei} nothing on wires
[12:06] {magoo} qid long somewhere vad?
[12:07] {curtisweese} newbie in on aapl at 123.11
[12:08] {curtisweese} run aapl run!!!!1
[12:08] {Threei} mags, I can't tell
[12:08] {Threei} something is happening
[12:09] {Threei} or it's nothing
[12:09] {Threei} we just don't know, while the influence is fairly sizeable
[12:09] {curtisweese} omg....please tell me the bulls have come home.....
[12:09] {curtisweese} here bully bully
[12:10] {Threei} lol curtis
[12:11] {curtisweese} get off your butt aapl and get me back in the black! :(
[12:12] {Threei} market looks like another spike coming curtis
[12:12] {Threei} should help if materializes
[12:13] {curtisweese} aapl breaks 123.30 or so and should get some nice gains
[12:13] {curtisweese} here it goes....come on! i'm WILLING you go up now.....hahahah
[12:14] {Threei} here is spike I told market to do for you
[12:14] {Threei} here is AAPL following
[12:14] {Threei} I'll shut up and you make the best out of it
[12:15] {Chaeron} KNSY - RECEIVES FDA 510(K) CLEARANCE FOR NEW SAFE-CROSS(R) VESSEL WALL DETECTION TECHNOLOGY
[12:15] {dino} dji green
[12:18] {Threei} tell me you are out curtis
[12:18] {curtisweese} yes out at 123.56 up $.45 with 700 shares
[12:18] {curtisweese} yay
[12:19] {Threei} trading is breathing... inhale-exhale
[12:19] {Threei} or you choke
[12:19] {Threei} now, allow me to quote one exchange from this morning
[12:19] {Threei} [09:10] {curtisweese} it going to be ugly today?
[12:19] {Threei} [09:11] {Threei} it's ugly already
[12:19] {Threei} [09:11] {Threei} what happens next... let's refrain from forecasts, not many of those materialized lately
[12:19] {Threei} how about that
[12:19] {dino} hmmmm
[12:19] {dino} yoda
[12:20] {curtisweese} yes....i just waited patiently till aapl was at resistance and bought when it barely broke it....worked!
[12:20] {Threei} who missed it in the morning, psychology series continued:
[12:20] {Threei} http://www.realitytrader.com/blog/2008/02/trading-psychology-stage-2.html
[12:21] {dino} out ima .88, +.86
[12:22] {Threei} we have fed minutes today
[12:22] {Threei} maybe they leak content? :)
[12:24] {dino} maybe they say nothing
[12:24] {Threei} can we get that lucky?
[12:25] {esemde} NVDA....nice!!!!!
[12:26] {esemde} whose in that?
[12:27] {curtisweese} ese you long on it?
[12:27] {esemde} no...long SOLF just watching NVDA
[12:29] {bruce} any read grmn vad?
[12:29] {bruce} tricky stock
[12:34] {Threei} hmmm
[12:34] {Threei} no... sorry
[12:35] {curtisweese} nvda looks yummy if it pulls back and hold 21.70ish (at least to my newb eyes)
[12:36] {esemde} have a great rest of the day all....i'm otta here.....
[12:36] * magoo slaps esemde around a bit with a large trout
[12:36] {esemde} ouch!!!!!
[12:40] {bruce} bye ese -thanx vad
[12:48] {bruce} fnm long?
[12:51] {curtisweese} in on NVDA at 21.70 (i'm a newbie...be careful!)
[12:56] {bruce} s fnm .44 stop .60
[12:57] {Threei} stop under .60 curtis
[12:59] {hawkfan4} COIN daily starting to look interesting, tricky one
[13:01] {Threei} why did I ever trailed that FFIV stop?
[13:03] {Threei} looks like another NASDAQ run at the high in cards
[13:04] {Threei} after that it becomes too close to fed minutes
[13:05] {Threei} here we go
[13:05] {bruce} stopped fnm
[13:05] {Threei} my crystal ball is freshly polished, can you tell?
[13:05] {Chaeron} mine's still in the shop
[13:05] {Threei} sure, I paid them to keep all others
[13:05] {Chaeron} never worked right in the first place :)
[13:06] {curtisweese} out on NVDA +$.08 with 3000 shares
[13:07] {curtisweese} scalp cuz i'm scared of fed
[13:07] {curtisweese} and market
[13:07] {curtisweese} and losing money sometimes
[13:08] * Threei slaps curtis around a bit with a roll of bills for indecent profits
[13:09] {curtisweese} okay, i have to go to my normal job...sigh...no fun...bye everyone
[13:09] {Threei} take care curtis
[13:09] {dino} sm l grmn .20, risky
[13:09] {Threei} good job
[13:09] {curtisweese} i only made abouot $400 today but that works for me!! :)
[13:10] {Threei} well, tell me
[13:10] {Threei} do you make it in a day on your "normal job"?
[13:10] {Chaeron} 22 trading days in a month.... times $400....
[13:10] {curtisweese} lol...yeah....more, but not any fun
[13:10] {Chaeron} hmmm...$105,000 per year
[13:10] {dino} gj curt
[13:12] {Chaeron} TEAMSTERS TO ENDORSE BARAK OBAMA FOR THE DEMOCRATIC PRESIDENTIAL NOMINATION - UNION OFFICIAL
[13:13] {dino} grmn stopped
[13:13] {Threei} GRMN brutal
[13:14] {Threei} again... so much for "like the product, buy the stock" theory
[13:15] {dino} strange thing they beat by .20 and guided up
[13:16] {Threei} so much for "good news - up" theory
[13:16] {Chaeron} lol
[13:17] {Threei} anyone got any more theories for me to detsroy? :)
[13:17] {Chaeron} E=mc2?
[13:17] {Threei} this one I still have to work on... but gravity isa certain hoax
[13:17] {dino} when is a door not a door?
[13:18] {Chaeron} gravity is just a fad
[13:18] {dino} when it's ajar
[13:18] {Chaeron} :) nice dino...
[13:19] {dino} :)
[13:19] {cosmo} if it wasn't for gravity, we wouldn't be here...
[13:19] {Chaeron} how can you not love this place... $$$, jokes and philosophy
[13:19] {dino} are we?
[13:20] {bruce} go havea bologna sandwich dino
[13:20] {Threei} couple nails replace gravity cosmo
[13:21] {cosmo} better make them screws...
[13:21] {dino} lol, chilli dods today, no roll
[13:21] {Threei} or superglue
[13:21] {dino} -14 lbs.
[13:22] {dino} dogs
[13:22] {cosmo} superglue for the dowels
[13:22] {bruce} the chili dog diet
[13:22] {bruce} I bet it would be a best seller dino
[13:23] {dino} chicken wings yesterday, peperoni/cheese day before. you can follow this
[13:24] {bruce} I can see its all lo cal stuff
[13:24] {bruce} you got a winning diet on yourhands their dino
[13:24] {dino} its all about the carbs for me
[13:24] {bruce} small pop in alxn dino
[13:25] {bruce} mya be a long here
[13:26] {dino} i like it, but where?
[13:29] {bruce} not sure -
[13:30] {bruce} .50 seems to be holding
[13:30] {Threei} and we are dropping now why?
[13:30] {Threei} totally bipolar market, lol
[13:31] {Threei} we did great today considering the wierdest market
[13:33] {Threei} FED'S POOLE: US ECONOMY WILL SKIRT RECESSION, INFLATION EXPECTATIONS GENERALLY STABLE, FED POLICY SHOULDN'T FOCUS ON JUST ONE ISSUE
- Food, energy may be setting inflation expectations.
[13:33] {Threei} - Excessive stimulus may be counter-productive.
[13:33] {Threei} - Inflation harder to reverse than unemployment.
[13:33] {Threei} - Must be careful not to accomodate increased inflation.
[13:33] {Threei} - A substantial increase in inflation would promise a larger recession later.
[13:34] {Threei} these comments signal nearing end of rate cuts if this is feds point of view
[13:36] {Threei} PREVIEW: MINUTES OF THE JAN 30 FOMC MEETING TO BE RELEASED AT 2PMET
**today's minutes are expected to include sections from the Jan 30th meeting as well as the Jan 21st emergency conference call and a discussion of the Fed's expanded quarterly economic forecasts.
[13:36] {Threei} **reminder: at the Jan 30th meeting, the FOMC cut the target rate 50 bps to 3.00%, and stated:
[13:36] {dino} .50 more coming in march imo, the banks are too big to fail
[13:36] {Threei} - Sees continued downside risks .
[13:36] {Threei} - Credit tightened further for business and households, sees "deepening contraction" in housing market slump, with softening in labor markets.
[13:36] {Threei} - Financial markets remain under considerable stress, Fed notes will act in timely manner as needed to address economic risks, and rate cut should promote moderate growth, yet risks remain.
[13:36] {Threei} - Fed expects inflation to moderate in coming quarters.
[13:36] {Threei} - Vote 9-1 for Target Rate cut (Fisher dissented, preferred rates unchanged); Discou
[13:36] {Threei} Discount Rate cut 50bps, decision was unanimous.
[13:37] {Threei} feels this way dino... aftre that anyone's guess
[13:37] {Threei} inflation becomes real concern
[13:38] {cosmo} solomon's treasure is still good collateral
[13:38] {Threei} but famine is coming
[13:38] {Threei} at least we were told so yesterday
[13:39] {dino} of course, if they re-inflate, takes care of debt issues, i.e. what we owe is less
[13:39] {cosmo} is that something they spray?
[13:40] {cosmo} from planes?
[13:40] {dino} drop from planes
[13:40] {cosmo} gotcha
[13:40] {bruce} nice uptrend in vz tofay
[13:47] {Threei} TIVO floats to the surface
[13:48] {Threei} interesting resistance to break at 9
[13:48] {Threei} worth keeping eye on
[13:50] {Chaeron} 10 min to Fed
[13:56] {Threei} 5
[14:00] {Threei} *JAN 30 FOMC MINUTES: SAW NEED FOR RELATIVELY LOW INTEREST FOR A TIME
[14:01] {Threei} - Raises 2008 jobless forecast to 5.2-5.3% v 4.89% previous,
[14:01] {Threei} - GDP growth at 1.3-2%
[14:01] {Threei} - Fed official ssee growth risk to the downside
[14:01] {Threei} - Expects core inflation to moderate over the next 2 years
[14:04] {Threei} - recent inflation data 'disappointing'
[14:04] {Threei} - Saw chance of big rate cuts on Jan meeting conference call, but no taken action, Jan 22 rate cut spurred by weak economy, market strains
[14:05] {Threei} market says "and?"
[14:08] {Threei} PCLN dino
[14:10] {Threei} interesting... don't think I often seen market rfemaining so indifferent to minutes
[14:13] {patience} yesterday was my best day in february. today sitting in cash. need the market to figure out what the fed minutes mean.
[14:15] {Threei} market is like "I can't... I'll wait for them to figure out what they mean"
[14:16] {Threei} I want top short QID badly
[14:16] {Threei} top = to
[14:16] {Threei} market feels to me like shrugging off all the nonsense and just going up again
[14:17] {_fastchocho} i want to long the QID
[14:17] {Threei} cool, we will be hedged
[14:18] {dino} pcln too strong
[14:19] {_fastchocho} whats your target on PCLN ? 140?
[14:20] {Threei} ?
[14:20] {Threei} we don't have any p;osition in it
[14:20] {_fastchocho} OK
[14:20] {_fastchocho} Did anyone short GRMN?
[14:21] {hawkfan4} no, but i can show you the scars from trying to catch it
[14:26] {bruce} grmn is a pos - just when you think you can read it works you over
[14:29] {dino} indeed wise bruce, indeed
[14:30] {dino} 63 held last drop
[14:30] {magoo} on grmn..can u imagine in it long from pre mkt 74
[14:30] {lumdus} in rio 34.71 long
[14:31] {dino} but a scratch magoo, i've had worse
[14:31] {bruce} out aci +.30
[14:31] {Threei} FED'S POOLE: IMPOSSIBLE TO FORECAST EXCHANGE RATES, WEAK USD HELPING TRADE SURPLUS AND EXPORTS - Q&A- Does not use policy to influence currency outcome
[14:31] {hawkfan4} GRMN nasty today, but back in .39, last try
[14:32] {bruce} you got guts hawk
[14:33] {bruce} its lokks like it's going long now - so mms will probably duymp it here
[14:33] {dino} long or short hawk
[14:33] {hawkfan4} long
[14:33] {dino} ok
[14:33] {hawkfan4} :)
[14:33] {dino} nice entry
[14:33] {hawkfan4} have this mad idea of a full recovery
[14:34] {Threei} covering QID here from .60
[14:35] {dino} alxn l .61
[14:36] {dino} and i think i'm in kansas
[14:37] {dino} chilli dog burp, whew
[14:38] {lumdus} stop on rio 34.55
[14:41] {dino} alxn lum? at .48
[14:42] {dino} opps rio, sorry
[14:43] {dino} ima l .65
[14:45] {lumdus} watching pten break 24.00
[14:47] {lumdus} stop on rio 34.64
[14:49] {lumdus} in pten 24.01
[14:50] {Threei} look at QID
[14:50] {dino} out alxn .90, +.29
[14:50] {magoo} u gonna hit qid vad?
[14:51] {Threei} didn't think of it from bounce point of view
[14:51] {Threei} felt market was to go up, shorted it earlier
[14:51] {Threei} covered too soon (what else is new)
[14:52] {magoo} :)
[14:52] {Threei} [14:16] {Threei} market feels to me like shrugging off all the nonsense and just going up again
[14:53] {dino} 220+range
[14:53] {lumdus} stop on rio 34.89
[14:53] {lumdus} need to lock somehting in.
[14:53] {lumdus} out rio 34.89 + .18
[14:54] {dino} out ima .80, +.15
[14:55] {lumdus} pten stop 24.03 have no patience ..
[14:56] {dino} taking 15 min. break
[14:57] {bruce} any read stp vade?
[14:58] {lumdus} ou tpten flaat
[14:59] {lumdus} short rimm 97.35 stop 97.51
[14:59] {Threei} not really bruce
[14:59] {Threei} too volatile
[14:59] {bruce} k thnx
[15:00] {lumdus} rimm just looks out of steam.. who knows
[15:00] {Threei} lum, keep it in context of overall market move
[15:00] {Threei} if NASDAQ resumes upward so will RIMM
[15:01] {lumdus} yes, i am ..
[15:01] {lumdus} stop on rimm 97.35 break even
[15:01] {lumdus} tried to get out .18 no workie
[15:01] {_fastchocho} Whats causing this rally? Pooles rmark of unlikely recession?
[15:02] {_fastchocho} DOW up120?
[15:02] {lumdus} fast, it's not me buying :)
[15:02] {cosmo} inflation adjustment
[15:02] {lumdus} out rimm - .01
[15:03] {bruce} patience is buying the4 market fast
[15:03] {Threei} fast, just wait till tomorrow... market columnists that never made a dime trading will find explanation
[15:03] {patience} laughing, nope. i will wait before putting money to work
[15:03] {lumdus} easy to write those columns,
[15:04] {Threei} after the fact, sure
[15:04] {cosmo} HPQ up 8%
[15:04] {bruce} the media has correctly predicted 30 of the last 6 recessions vad
[15:04] {Threei} for us as traders it's just irrelevcant
[15:04] {Threei} lol bruce
[15:04] {patience} just scalping gold and silver, turning back to china stocks
[15:04] {Threei} "trade what you see, not what you think"
[15:04] {Threei} who said that?
[15:04] {cosmo} master po?
[15:05] {lumdus} i see rimm going back below 96.00 just a feeling here.
[15:08] {bruce} thats right grasshopper - I mean cosmo
[15:11] {dino} farley
[15:11] {dino} ?
[15:12] {bruce} sheesh - onxx watching it but missed the pop
[15:12] {Threei} F grade to both
[15:13] {magoo} vad, long rimm or aapl?
[15:13] {dino} vad throwing the f bomb again
[15:13] {bruce} f is for fantastik
[15:15] {Threei} not here mags
[15:15] {Threei} if you believed in upward, time was when I first posted it
[15:17] {dino} hurn fast drop
[15:19] {bruce} alxn long here dino?
[15:20] {magoo} thought powerup into bellvad
[15:20] {magoo} bel vad
[15:21] {Threei} could be, can't tell yet
[15:21] {Threei} watching
[15:21] {dino} hmmm dk bruce not really moving
[15:21] {magoo} rimm 98 magnate?
[15:21] {bruce} k - thought it might pop on break of .10
[15:21] {Threei} can you think of better illustration to the market's nature than today's action?
[15:22] {Threei} bad news piling on bad news, oil through 100... and market rallies
[15:22] {dino} oil is the only thing keeping this market up
[15:23] {patience} and ag and gold/silver
[15:23] {dino} which are up because oil is up
[15:24] {patience} gold yes, ag, don't think so
[15:24] {dino} gold cause weak dollar
[15:24] {dino} sure, crn=ethanol, = deer= cart etc
[15:24] {dino} cat
[15:25] {patience} i'm looking for timing to short ethanol stocks dino. someone in usda is going to say we need food more than ethanol
[15:26] {dino} ethanol isn't the best way, imo. you will be right
[15:26] {patience} i will be right if i trade it properly lol
[15:27] {dino} lol
[15:27] {dino} i have faith in your abilities
[15:27] {Threei} COIN
[15:27] {Threei} sheesh
[15:28] {Threei} FED'S POOLE: RATES MAY HAVE TO GO LOWER BEFORE RISING, MUST WATCH INFLATION, NOT ALARMED BY LATEST NUMBERS - Q&A
- Notes inflation is creeping in wrong direction, rates may eventually be above 3%, current situation not a major crisis as recession fears must be balanced vs inflation. Must deal with inflation risks before inflation arrives
[15:28] {Threei} - Notes the need to replace the subprime mortgage market
[15:28] {Threei} - Says markets are healing somewhat after financial stress, LIBOR spreads have narrowed
[15:29] {dino} neog
[15:31] {lumdus} nice reversal
[15:34] {dino} hurn
[15:35] {_fastchocho} anyone playinh mgm in the morning?
[15:35] {dino} dgly
[15:36] {dino} l .66
[15:36] {Threei} why MGM?
[15:38] {_fastchocho} straddle play
[15:39] {Threei} we are simpletons, fast
[15:39] {Threei} we see setup on the chart - we play it
[15:40] {Threei} underlying reasons for price change is for analysts to figure out after the fact
[15:40] {Threei} we are happy with profits today and their explanations tomorrow
[15:40] {lumdus} short amzn 73.37 stop 73.58
[15:40] {lumdus} pure gamble to see if we go down at eod.
[15:41] {patience} just to keep fast company, if you're looking for a spec ag play, look at ALM (Anglo Minterals)
[15:41] {_fastchocho} imma newbie threei so bear with me
[15:41] {patience} Potash play in Saskatchewan. About 6 or 7 juniors bought up land that wasn't owned by Mosaic (MOS-N) and Potash (POT-T). This stock has good upside. One of the best ways to play potash. BHP Billiton (BHP-N) is the partner and has 75% of the project, which means there are deep pockets for them
[15:41] {Threei} nah, nothing to bear with... just explaining our approach :)
[15:42] {dino} out dgly .85, +.19
[15:42] {lumdus} yeah, tommorrow i write up how much money i could've made ..
[15:42] {_fastchocho} ok...neways mgm is an earnings play
[15:43] {lumdus} amzn stop move to 73.54
[15:43] {lumdus} die market (with amzn) die !
[15:44] {Threei} stop above .50 lum?
[15:44] {lumdus} .54 right now
[15:45] {_fastchocho} cec is also an earnings play...lookshort
[15:45] {lumdus} vad, what nice drop and i am out.. need to get it to go already.
[15:46] {Threei} it's trying lum
[15:46] {lumdus} yeah, but it needs some help. can we start hitting it.
[15:47] {lumdus} stop now .48 .. it's not looking good yet
[15:47] * Threei hits NQ over the head with 2x4 for lum
[15:48] {lumdus} just hit amzn .. i don't care if everybody else makes money long
[15:48] {Threei} hmmm... violence doesn't help
[15:49] {patience} wait until 3:45 pm vad
[15:49] {Threei} chart is downtrending though
[15:49] {_fastchocho} umm its 3:49
[15:49] {_fastchocho} pm
[15:49] {Threei} 4 minutes? I can wait that long
[15:49] {Threei} lol fast
[15:49] {Threei} really
[15:49] {Threei} are we in a time warp?
[15:50] {patience} i am....completely forgot to look at clock....busy busy day so far
[15:50] {dino} y
[15:51] {dino} i'm beat, good one tho
[15:51] {lumdus} out -.11 crap amzn
[15:51] {lumdus} have a nice evening
[15:51] {Threei} sorry lum, who knew it would go berserk
[15:51] {lumdus} not me..
[15:51] {Threei} but you defined this trade as pure speculation from the get-go
[15:53] {Threei} COIN... shoot me someone
[15:54] {patience} i need money quick...going for retail therapy at Bellevue Malls in Washington State on friday. Let's hope tomorrow is a good market day.
[15:55] {dino} _fastchocho, earnings list at yahoo....biz.yahoo.com/research/earncal/today
[15:57] {_fastchocho} it says no longer available
[15:57] {Threei} OK guys, thank you all, that was nice day
[15:57] {_fastchocho} dino
[15:57] {Threei} almost every trade worked
[15:57] {dino} i get it
[15:57] {dino} every day
[15:57] {Threei} have a good evening, see you tomorrow
[15:57] {hawkfan4} here's a good earnings date source http://moneycentral.msn.com/investor/market/earncalendar/
[15:58] {dino} http://biz.yahoo.com/research/earncal/today.html
[15:59] {_fastchocho} ok dino got it now
[15:59] {dino} may find it helpful
[15:59] {dino} especially afterhours
[15:59] {dino} ima drop
[15:59] {dino} spike
[16:01] {dino} itri
[16:07] {dino} nvtl drop, vrgy drop

February 19 2008

Session Time: Tue Feb 19 00:00:00 2008

[08:07] {Threei} AKNS
[08:07] {Threei} REPORTS PRELIM FY07 REVENUES $32.2 V $31.5M-CEO states "Our 2008 business plan calls for us to achieve EBITDA breakeven by year-end, adjusted for non-cash stock based compensation expense. We expect to make substantial progress toward reaching GAAP profitability by the end of 2009"
[08:10] {_haley} good morning
[08:10] {Threei} morning haley
[08:14] {Threei} funny stock opens with sizeable gap up... CUBA
[08:17] {hawkfan4} good morning vad, all
[08:18] {Threei} hawk :)
[08:19] {hawkfan4} i met a trader you could relate to yesterday, a true scalper. trades 10k lots for .01. says he made 550k last year 100 bucks at a time
[08:20] {Threei} not my cup of tea really
[08:20] {hawkfan4} sounds like a lot of work, 300 trades/day
[08:21] {Threei} hmm
[08:21] {Threei} 30 you mesan?
[08:21] {hawkfan4} oops, yes :)
[08:21] {Threei} 300 x 100 x 220 would take him into 5 mils a year
[08:22] {hawkfan4} 300/day i think he'd still be twitching at dinnertime
[08:22] {Threei} lol
[08:25] {Threei} as any other method, it works if one is good at it
[08:26] {Threei} no method works by itself, you know :)
[08:27] {Threei} I prefer more reasonable size and more sensible move than .01... but ZI do recognize that from the point of view of a swingtrader what I do is, too, too much work for too little gain :)
[08:28] {Threei} do a little experiment
[08:28] {hawkfan4} yep. he's a former pit trader from the cbot, had to adapt. He couldn't emphasize risk manamgement more, that it's the key to long term success
[08:28] {Threei} catch a moment with strong market, strong XMSR, SIRI forming breakout setup or readable pullback, buy 3K
[08:29] {Threei} try to make 2-3 cents
[08:29] {Threei} you will know right there and then whether it's a method for you :)
[08:30] {Threei} if you are using Laser, don't forget that in order to make it work you need to add liquidity at least on one side
[08:30] {Threei} on entry or on exirt
[08:30] {hawkfan4} not using it, but gonna look into it. IB a little expensive
[08:31] {Threei} what do you pay?
[08:31] {Threei} dcc me if more comfortable
[08:31] {hawkfan4} .01/shr, but 1k lot is 7.50 one way
[08:32] {Threei} no matter if you add or remove liquidity?
[08:32] {hawkfan4} that i don't know. i just learned a bit about that concept yesterday
[08:32] {hawkfan4} i'll check that out though
[08:33] {Threei} OK, let me know if need any help in this regard
[08:33] {hawkfan4} i will, thanks vad :)
[08:33] {Threei} also, you are paying for external charting I take it?
[08:33] {hawkfan4} yes, i use esignal for intraday and lvl 2, and tc2000 for scanning
[08:35] {Threei} look dcc pls
[08:46] {magoo} mornink comrades
[08:46] {Threei} magooski :)
[08:52] {magoo} hawk, that scalper, we would break even, 10k @ .01 is 100 bux, but even at 5/1000 shartes, in - out is 100 bux commission
[08:53] {Threei} depdns mags
[08:53] {Threei} depends
[08:53] {Threei} if you add liquidity on both sides getting ECN rebates, commissions go down quite considerably
[08:54] {Threei} and that's what most of those who deploy such trading do
[08:55] {hawkfan4} yeah, he explained it to me but was over my head.
[08:56] {Threei} there is not much mistery to it, it's a simple concept
[08:56] {hawkfan4} besides, he's a trader, so i take 1/2 of what he says and figure it's bs :)
[08:57] {Threei} take out existing orders, you remove liquidity and pay ECN fees
[08:57] {Threei} bid and offer and get good enough or lucky enough to get hit on both, you add liquidity and get ECN rebates
[09:00] {cosmo} CUBA happy
[09:00] {cosmo} i think
[09:02] {Threei} ENER
[09:02] {Threei} - United Solar Ovonic LLC, a wholly owned subsidiary of Energy Conversion Devices, Inc. announced that it has entered into a multi-year agreement to supply its UNI-SOLAR(R) brand solar laminates to ITOCHU Corporation for use on large-scale rooftop installations on industrial and commercial buildings worldwide.
[09:02] {Threei} QTWW
[09:02] {Threei} AWARDED $14.5M DEVELOPMENT PROGRAM CONTRACT- Company has received a $14.5M program from Fisker Automotive, Inc. to advance and integrate Quantum's proprietary high-performance plug-in-hybrid electric vehicle architecture -- known as "Q-Drive" -- for the Fisker Karma four-door sport sedan production model.
[09:04] {dptl} good morning all
[09:05] {Threei} dp :)
[09:06] {esemde} Good morning bruce Vad dp hawk jm magoo haley
[09:06] {Threei} ese :)
[09:07] {hawkfan4} morning ese :)
[09:08] {Threei} market is totally oblivious to all the dire warnings
[09:08] {Threei} acts like bulls are in charge from now on till 2145
[09:09] {Threei} dp, look dcc plase
[09:09] {cosmo} ARRS
[09:10] {cosmo} 5.80 high so far
[09:10] {Threei} 08:08am [ARRS] Announces share repurchase program covering $100M in shares (16.5% of market cap)
[09:10] {Threei} 06:04am [ARRS] Price Target lowered to $10 from $16 at ThinkEquity; Maintains buy rating
[09:12] {Threei} LIBYA: DIFFICULT FOR OPEC TO CUT OIL OUTPUT AT CURRENT PRICES, BUT TOO EARLY TO PREDICT WHAT OPEC WILL DECIDE AT THE MARCH 5 MEETING
[09:12] {dino} gm all
[09:13] {Threei} dino :)
[09:15] {Threei} if market strength continues, SOLF is likely to stage another run
[09:16] {esemde} I would agree with that
[09:18] {bruce} morning ese
[09:19] {Threei} bruce :)
[09:20] {esemde} bruce
[09:22] {Threei} ese, look dcc please
[09:25] {dino} onxx bit of blood
[09:26] {esemde} was just looking at that dino
[09:27] {esemde} you plan on a short
[09:27] {bruce} morning vad
[09:27] {Threei} FED'S STERN: SOME MARKETS ARE PERFORMING BETTER; INFLATION EXPECTATIONS ARE WELL ANCHORED - Q&A
- Says inflation expectations are not debasing currency
[09:27] {Threei} - Does not expect gap between overall and headline inflation to alst over time
[09:27] {cosmo} ONXX pre mkt high = 36.5 fwiw
[09:29] {dino} es, thinking long at some point 34ish small
[09:30] {dino} drug still works w/kidney cancer,m just not lung
[09:30] {esemde} tks
[09:30] {dino} np
[09:31] {magoo} sharp down here
[09:31] {cosmo} onxx
[09:33] {Threei} IDMI is starting this dance again or what
[09:33] {Threei} 3.70 long if holding above 3.50
[09:34] {Threei} if it takes 3.90-3.90 resistance, likely to present big surprise
[09:34] {Threei} 3.80 -3.90
[09:36] {dino} kalu
[09:39] {Threei} invalidated for now IDMI
[09:40] {bruce} stld dino
[09:41] {Roman}
21 PAAS strong
[09:41] {Roman}
21 SSRI too
[09:43] {dino} qdel s sm .68
[09:44] {magoo} idmi bounce candidate vad?
[09:44] {bruce} qcom long vad?
[09:44] {Threei} if holding above .40 and crosses back over .50 mags
[09:45] {Threei} QCOM is very strong
[09:45] {Threei} pullback into 43 would be the best
[09:45] {esemde} prxi
[09:45] {Threei} but if doesn't happen break is valid
[09:46] {esemde} blast.....didn't get a fill at .30
[09:46] {dino} stld bruce y, s somewhere
[09:47] {dino} following kalu
[09:48] {dino} s stld .03
[09:48] {Threei} if got QCOM off 43, stop is under 42.80
[09:49] {esemde} long COCO .50 1/2 lot
[09:50] {Threei} with any market help QCOM is more than scalp
[09:50] {esemde} Out COCO .75
[09:50] {esemde} =}25
[09:50] {esemde} =.25
[09:50] {esemde} +.25...there!!!
[09:50] {Threei} :)
[09:51] {dino} gj
[09:52] {esemde} perfect numbers ...easy to calculate
[09:52] {esemde} 50 to 75
[09:52] {Threei} that's what we mathematically challenged types like
[09:52] {esemde} am thinking about pullback
[09:53] {dino} stld bstop to .93
[09:53] {dino} sheesh spike, stopped +.10
[09:54] {bruce} me too dino - waiting for stld to set up again
[09:54] {dino} same at .48
[09:54] {Threei} QCOM stop to .89
[09:55] {esemde} long 1/2 COCO again .59
[09:55] {Threei} is today the day my little VLNC finally hits 3?
[09:56] {dino} no
[09:56] {dino} :)
[09:56] {Threei} sigh
[09:57] {dino} qdel bstop to b/e
[09:59] {dino} qdel stop .63 +.05
[10:00] {Threei} offering VLNC at 3.05
[10:00] {Threei} swing trade from 2.35 in case you forgot
[10:01] {Threei} 3 on the nose
[10:02] {Threei} come on, break
[10:04] {Threei} FED'S STERN: MOST ECONOMIC READINGS ARE NOT ALL THAT BAD; SHOULD NOT GET CARRIED AWAY WITH NEGATIVES - Q&A
[10:05] {curtisweese} qcom -$.10
[10:05] {bruce} stopped qcom
[10:06] {curtisweese} lucky i had my stop placed tpp
[10:06] {curtisweese} err too
[10:06] {Threei} yeah, lost drive
[10:07] {esemde} Out COCO ..78 +.19
[10:08] {esemde} now will see about a breakout at .80
[10:08] {esemde} bstop .81 COCO
[10:11] {esemde} pulled bstop on COCO
[10:11] {Threei} FED'S STERN: SEES RISK OF CREDIT CRUNCH FOR EXTENDED PERIOD; RATE CUTS HAVE BEEN WHOLLY APPROPRIATE
- Economic growth in long run to average 2.5%.
[10:11] {Threei} - Economy now similar to early 90s headwinds period.
[10:11] {Threei} - Sees unemployment worsening if the economy keeps softening.
[10:11] {dino} brillant
[10:12] {Threei} there is more where it came from
[10:12] {Threei} - Does not expect return of double digit inflation as in the 1980s.
[10:12] {Threei} - Says housing still has inventory related problems; Expects housing activity to remain subdued, until inventory is reduced, and some subprime borrowers are doing bette
[10:14] {dino} they are popping us around us lately
[10:14] {dino} banks asking about 65% on the dollar taking offers 30% lower for cash closes
[10:18] {Threei} direct hit VLNC
[10:18] {Threei} out at 3.05
[10:18] {Threei} days of patient waiting rewarded
[10:21] {Threei} US STATE DEPT'S NEGROPONTE: US EMBARGO OF CUBA TO REMAIN IN PLACE DESPITE CASTRO'S RESIGNATION
[10:22] {dino} onxx l .60
[10:25] {dino} onxx stopped -.50
[10:25] {Threei} SEED spike, don't see news
[10:26] {Threei} ONXX EXPECTS TO BE 'CASH FLOW POSITIVE' FOR THE YEAR, MAY HAVE SOME PROFITABLE QUARTERS DURING 2008 - CONF CALL
[10:29] {dino} qdel s .80
[10:30] {Threei} DRIV . 62 long half lot if holding above .50; if losing it look for entry on pullback around .30-.40
[10:35] {dino} amed
[10:35] {dino} gtxi
[10:36] {Chaeron} gm all :)
[10:36] {Threei} chaeron :)
[10:39] {Threei} what's with PAL?
[10:40] {bruce} stld worth try short again near here dino?
[10:40] {dino} amed sm s .69, stop .03
[10:41] {dino} apol blood
[10:44] {dino} amed stopped -.34
[10:47] {Threei} I guess bull maarket is over
[10:49] {bruce} driv stop .40 vad?
[10:49] {Threei} yes... I wouldn't even be in though
[10:49] {Threei} it lost support before triggering
[10:49] {bruce} k -
[10:51] {bruce} onxx may be reversing here dino
[10:52] {dino} y, i think so too
[10:54] {Threei} RIMM .31 long small shares with stop .14
[10:54] {Threei} invalidated if loses .15
[10:55] {Threei} lost
[10:56] {Threei} needs to hold .20 this time to become valid again
[10:58] {Threei} half out RIMM, scalpers take profit
[10:58] {dino} you take stld bruce?
[10:59] {bruce} no- wasn't sure where to enter dino - watching it
[11:00] {dino} aks same industry
[11:00] {Threei} RIMM over 1:2
[11:00] {Threei} out +.41
[11:03] {dino} stld sm s .06 stop .41
[11:06] {bruce} I wasn't able to read rimm vad - what made it a long there?
[11:07] {dino} qdel stopped spiked -.23
[11:08] {Threei} market recovery at the moment and pullback setup, cross back above resistance while holding support
[11:08] {Threei} it danced a bit above .30 with .15 being support,
[11:08] {Threei} lost it,
[11:09] {Threei} making cross back a long trigger,
[11:09] {Threei} so question became where the stop was
[11:09] {Threei} as soon as it formed support weith stop tight enough for my risk tolerance and market showed new strength, break of .30 became a buy
[11:11] {dino} aks sm s .08
[11:12] {dino} stld stopped cov .80, +.26
[11:12] {bruce} k
[11:12] {bruce} thanx vad
[11:15] {Threei} 94.99 short RIMM if stays below 95.15
[11:22] {esemde} bye all have a great day
[11:22] {Threei} take care ese
[11:22] {bruce} bye ese
[11:26] {hawkfan4} bruce/dino, great heads up on ONXX, thanks
[11:29] {bruce} stld short again here dino?
[11:29] {bruce} welcome hawk
[11:29] {cosmo} TONE
[11:30] {cosmo} breakish...
[11:30] {dino} dk, hope so i have aks s
[11:34] {Threei} XLF .50 long for a scalp if stays above .40
[11:34] {Threei} for hard core scalpers stop .44
[11:36] {magoo} symbol not coming up?
[11:36] {Threei} ?
[11:37] {Threei} XLF
[11:37] {Chaeron} in L2 box... not able to load
[11:37] {magoo} bulletin boaard?
[11:37] {dptl} long .50 xlf
[11:37] {Threei} huh
[11:37] {Chaeron} amex?
[11:37] {Chaeron} not BB mags...
[11:37] {Chaeron} I get a chart on XLF Vad, but XLF not loading in L2 box
[11:37] {magoo} hm..i not getting quotes on it
[11:38] {Threei} wierd
[11:38] {Chaeron} yeah, me too magoo
[11:38] {Chaeron} just another way the man is keeping me down........
[11:38] {dino} aks stopped .36 -.28
[11:48] {dino} apol off of .00 l
[11:48] {dino} ok, stop .69
[11:49] {dptl} moving stop to b/e xlf
[11:49] {dino} gtiv
[11:51] {bruce} crox dropping dino
[11:51] {Threei} where did you place original one dp?
[11:51] {Threei} .39 or .44?
[11:51] {dptl} ..39
[11:52] {Threei} BABY
[11:52] {Threei} HEARING RUMORS OF POSITIVE FDA RULING
[11:53] {dino} earning tonight
[11:53] {dino} crox
[11:56] {Threei} 1:1 for dp
[11:56] {dptl} ye out ty
[11:57] {Threei} :)
[12:00] {bruce} onxx may break out here
[12:00] {dino} hope so l from .60
[12:01] {bruce} nice entry dino
[12:02] {dino} lucky
[12:04] {Threei} CEGE nears Fri high 2.85
[12:05] {dino} crox sm l .10 stop lod
[12:05] {Threei} 2.75 nearest support, probably worth a try for a quick scalp at .86
[12:05] {Threei} especially if not losing .80 anymore
[12:06] {bruce} bidu long dino?
[12:08] {dino} not touching it, ask magoo
[12:08] {dptl} l.87 cege
[12:09] * Threei slaps Laserdave1 around a bit with a large trout
[12:10] * magoo slaps Laserdave1 around a bit with a large trout
[12:10] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:10] * Laserdave1 slaps Laserdave1 around a bit with a large trout
[12:13] {Threei} my patience is at its limit, out XLF +.14
[12:15] {dptl} stop on cege under .80 now?
[12:15] {magoo} u take CEGE vad?
[12:15] {Threei} yeah
[12:15] {Threei} yeah
[12:15] {Threei} market sharp downtick
[12:15] {bruce} cge stop .79?
[12:16] {Threei} [12:15] {dptl} stop on cege under .80 now?
[12:16] {Threei} [12:15] {Threei} yeah
[12:16] {Chaeron} such enthusiasm! :)
[12:17] {dino} apol stopped
[12:20] {dino} ustr
[12:20] {magoo} where u waiting vad cege?
[12:21] {Threei} I don't have target
[12:21] {Threei} will see how it trades
[12:21] {Threei} want sharp spike
[12:21] {Threei} makes new highs so far
[12:23] {Threei} with 6 cents risk, I just don't feel like I have to worry about it too much
[12:26] {dptl} out .93
[12:26] {Threei} dp is determined to squeze any single cent market gives today :)
[12:26] {dptl} pretty much....:)
[12:27] {dino} dp is the man
[12:28] {dptl} those sizes .95 .96 .97
[12:28] {bruce} crox may be setting up for ong here dino
[12:28] {dino} onxx stop to .18
[12:28] {dptl} now they gone
[12:32] {dino} in it bruce at .10
[12:33] {dino} onxx stop to .39
[12:34] {dino} onxx to .48
[12:36] {dino} out onxx .48,
[12:36] {dino} +.88
[12:36] {Threei} nice
[12:36] {bruce} nice dino
[12:36] {dino} ty, needed one
[12:46] {Threei} sold half CEGE .98
[12:49] {Threei} 3 break is in order
[12:50] {Threei} solidly over 1:1 guys, decide for yourself
[12:50] {Threei} I'll try for 3.10
[12:56] {bruce} dino - ustr
[13:00] {Threei} *FEB NAHB HOUSING MARKET INDEX: 20 V 19E
- no revision to prior 19
[13:00] {Threei} - Home buyer traffic at 7 month high
[13:02] {Threei} my stop is .84 for the balance
[13:04] {Threei} out
[13:14] {dino} ustr l .70, stop .29
[13:28] {bruce} alxn dino
[13:29] {Threei} ZEUS goes to the top of Olympus
[13:30] {cosmo} that 's not fresh...
[13:32] {Threei} no... and hey, bad puns is my specialty
[13:35] {cosmo} its Art
[13:36] {Threei} wow XLF
[13:37] {Threei} we nailed trend reversal exactly...
[13:37] {Chaeron} Just heard over the wires that there is a fertilizer shortage..... in an election year???????
[13:38] {cosmo} its being horded maybe
[13:38] {Threei} hmmm
[13:38] {Threei} is your idea of connection betwen election and fertilizer what think it is?
[13:38] {Chaeron} I'll report... you decide :)
[13:39] {cosmo} nurturing new ideas?
[13:39] {cosmo} change?
[13:39] {cosmo} nah...
[13:39] {Chaeron} heheh
[13:40] {Threei} gosh... VRSI is in reseller pact with Nortel
[13:40] {Threei} looking at VRSO, can't help but think, Nortel's business is in more troubles than I could ever suspect
[13:48] {Threei} POT
[13:48] {Threei} CEO: CONSIDERED BUYING ITSELF OUT AFTER PRICE DROP IN JANUARY; EARNINGS WILL BE "MUCH STRONGER THIS YEAR" - WIRE CITING INTERVIEW COMMENTS
- Sees famine this year if crops fail in a major region.
[13:48] {Threei} - Sees extended period of high fertilizer demand.
[13:49] {Threei} famine?
[13:52] {Threei} MON
[13:52] {Threei} 120 break looks compelling
[13:52] {Threei} stop would be .75
[13:52] {Threei} a bit jumpy
[13:53] {Threei} keep size reasonable
[13:56] {Raven}
3 back ... rofl Chaeron ... fertilizer ...
[13:56] {Threei} ok... Raven sees what I see in that comment :)
[13:56] {Chaeron} thanks Raven... :)
[13:56] {Raven}
3 np
[13:56] {Raven}
3 thx to cosmo too
[13:57] {Threei} SEED is famine stock too?
[13:57] {Raven}
3 is there famine in the country now too ... along with everything else ??
[13:57] {Threei} so they say
[13:58] {dino} there is what there is
[13:58] {bruce} alxn possible reversal near here dino
[13:58] {dino} crox stopped .16 +.06
[13:58] {Raven}
3 thx dino :)
[13:58] {dino} np raven...i do what i can do
[13:59] {Raven}
3 I see that ... good job
[14:00] {dino} of course, i see what i see too
[14:00] {dino} cpla l sm .90
[14:00] {Raven}
3 calm down
[14:01] {dino} ok...but i'll gladly pay you on tuesday for a hamburger today
[14:01] {Raven}
3 you are losing it ...
[14:02] {dino} the markets are turning my mind to mush buddy\
[14:02] {Threei} MON turns into bounce play, 119 closest support
[14:02] {Raven}
3 a walk in the cold perhaps ?
[14:03] -} *services* REGISTER _fastchocho karnez77
[14:03] {dino} going to hit the bowflex
[14:03] {Raven}
3 maybe shovel some slush ?
[14:04] {dino} all gone, just cold
[14:04] {Raven}
3 nice
[14:04] {Raven}
3 fuc**** winter wonderland
[14:05] {dino} yeah, only about 20 f here
[14:05] {Raven}
3 18.7F here with more snow ... endless snow
[14:06] {Raven}
3 down to around zero tonight
[14:06] {patience} hot day here yesterday, right vad?
[14:06] {dino} about 8 last night
[14:06] * Raven slaps patience around a bit with a large trout
[14:06] {dino} won't matter in 2 weeks
[14:06] {patience} its true.....joggers wearing shorts now
[14:06] {Raven}
3 oh sigh
[14:07] {Threei} it is
[14:08] {Threei} I had jacket on yesterday for 7miles walk, on the way back didn't know how to get rid of it
[14:08] {Raven}
3 arghhh
[14:11] {dino} apol
[14:11] {dino} oh mann, my 2 mile wallk at 7:30, had parka, scarf, sweatshirt, insulated socks, sneakers, and heavy hat
[14:12] {Threei} my past... firly put behind my back
[14:12] {Threei} never again
[14:12] {Threei} didn't catch MON
[14:12] {Raven}
3 my walk did not even occur
[14:14] {dino} if i wasn't at the bus stop w/kids, mine wouldn't either, but since i'm out there...
[14:15] {Raven}
3 sounds dreadful
[14:15] {cosmo} back... had to walk the dogs
[14:16] {dino} clears the head tho
[14:16] {Raven}
3 teach them to use a litter box
[14:16] {cosmo} they have a yard
[14:17] {cosmo} well fertalized..
[14:17] {Raven}
3 fertilized ?
[14:17] {Threei} no famine in cosmo's yard
[14:18] {Raven}
3 and cosmo can't step out there
[14:18] {Raven}
3 without stepping in
[14:18] {cosmo} sow bugs do the trick
[14:18] {Raven}
3 dung beetles ?
[14:19] {cosmo} hmmm...faxsimili
[14:19] {Raven}
3 another continent
[14:20] {cosmo} facsimile then
[14:20] {Raven}
3 better
[14:24] {cosmo} i'll have to get a good picture sometime... nothing on google
[14:25] {dino} hurn smacked
[14:37] {Threei} OK, where is promised bull market?
[14:38] {Threei} watching RIMM for bounce play
[14:39] {Threei} missed near 94
[14:39] {Threei} not chasing
[14:41] {Threei} in this time
[14:41] {Threei} stop under 94
[14:41] {Threei} questionable market here
[14:42] {Threei} hard to tell bounce time or one more leg down
[14:42] {magoo} where u in?
[14:42] {Threei} .15
[14:42] {magoo} .20
[14:43] {Threei} nope
[14:43] {Threei} another selloff
[14:43] {Threei} looking for better entry
[14:45] {dino} ustr stopped .29 -.41
[14:46] {Threei} still doesn't feel ready
[14:48] {Threei} OK, .70
[14:48] {Threei} .59 stop
[14:48] {Threei} half out
[14:49] {Threei} _.25
[14:49] {Threei} +.25
[14:49] {Threei} stop .69
[14:49] {bruce} apol may find support near 65 dino
[14:49] {dino} sm wide hurn l .46
[14:49] {dino} never thought it would get therewatching apol
[14:50] {Threei} BIDS FOR GM BUILDING IN NYC "OVER $3B", WOULD BE HIGHEST PRICE EVER FOR US BUILDING
[14:50] {Threei} Chaeron, you sure you need such big office?
[14:50] {Chaeron} expansion is key :)
[14:50] {Threei} sure... but still
[14:51] {Threei} cleaning bill must be staggering
[14:51] {Chaeron} have a corner office with yours and Raven's name on it
[14:51] {dino} location huh chaer?
[14:51] {Threei} out balance RIMM b/e
[14:51] {Chaeron} dino and mags too :)
[14:52] {Threei} want dive under .50
[14:52] {dino} pretyy good selloff
[14:52] {bruce} ustr breaking lod
[14:54] {Threei} held .50... OK, pullback then to establish double bottom
[14:56] {Threei} in
[14:56] {dino} hurn stop to .86
[14:56] {Threei} .74
[14:56] {Raven}
3 lol
[14:57] {Threei} a bit far from support but doesn't look like better pullback is in cards
[14:57] {dino} out +.37, slip to .83
[14:57] {dino} solars getting hit
[14:58] {dino} apol good call bruce
[14:58] {magoo} your in rimm .74 vad?
[14:58] {Threei} yes
[14:59] {Threei} not delighted by stop size, if you got better price good for you
[14:59] {dino} lod held ustr, maybe good entry area
[14:59] {Threei} ugh
[15:00] {dino} nah ustr
[15:01] {dino} ok, there's our 200 pt range dji
[15:02] {dino} back in 10
[15:03] {Threei} pattern of late day rug pull is back
[15:04] {Threei} bounce time, now or never
[15:14] {dino} ustr l sm .90
[15:17] {Threei} in RIMM for another bounce
[15:17] {Threei} .65 stop
[15:17] {Threei} not veru confident
[15:17] {Threei} market is shaky
[15:18] {dino} ya think?????
[15:18] {Threei} out +.29
[15:18] {dino} nice
[15:18] {dino} ctct
[15:25] {dptl} .
[15:26] {Threei} maybe one more drop
[15:26] {dino} hurn sm l .05
[15:26] {Threei} RIMM short
[15:26] {Threei} ugh, late a little
[15:26] {Threei} into this bounce
[15:27] {Threei} stop above .90
[15:28] {Threei} dies NQ
[15:28] {Threei} -s
[15:29] {Threei} that was an instruction, not a statement
[15:29] {magoo} i had call, u in anything vad here?
[15:29] {Threei} RIMM short .80
[15:31] {Threei} shhh
[15:31] {Threei} missed cover while typed
[15:31] {Threei} out +.24
[15:32] {Threei} about 10 cents initial stop on RIMM{ it doesn't get better than this
[15:39] {Threei} looking for long now
[15:39] {Threei} if holding .50
[15:39] {magoo} where?
[15:39] {Threei} .70
[15:40] {Threei} stop under .50
[15:40] {magoo} crap, only 100 filled
[15:41] {Threei} labored trade
[15:43] {Threei} out +.25
[15:58] {Threei} missed this last selloff, couldn't find any indication for an entry
[15:58] {dino} out cpla -.26
[16:00] {dino} oui ustr .04,
[16:00] {dino} .14
[16:00] {Threei} thank you all
[16:00] {dptl} have a good evening all
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {Threei} for either bear or bull market
[16:00] {Threei} roll a dice
[16:01] {dino} crox .45 vs est .44

February 15 2008

Session Time: Fri Feb 15 00:00:00 2008

[08:38] {Threei} *JAN IMPORT PRICE INDEX: M/M 1.7% V 0.5%E; Y/Y 13.7% V 12.7%E
- Prior m/m revised from 0.0% to -0.2%
[08:38] {Threei} - Prior y/y revised from 10.9% to 10.4%
[08:47] {cosmo} IDMI
[08:48] {cosmo} 3.25 hopm
[08:48] {Threei} the way it trades is puzzling
[08:48] {cosmo} hmm
[08:48] {Threei} it's like it has no input by normal trading whatsoever, fully controlled by a single entity
[08:48] {esemde} good morning......
[08:49] {Threei} ese :)
[08:49] {Threei} I don't think I've ever seen anything like this with decent volume
[08:49] {Threei} low volume pukers yes, they often trade in this mannere
[08:49] {cosmo} conspiracy?
[08:49] {Threei} ghost of JFK trades it?
[08:50] {cosmo} Jr. too
[08:52] {cosmo} BRCD tests at 7.3 ...just in case
[08:54] {magoo} morning
[08:54] {Threei} 02/14/08 05:03pm [BRCD] Guides Q2 EPS $0.13-0.15 v $0.14e, R $340-355M v $350Me - Conference Call
[08:54] {Threei} 02/14/08 04:05pm [BRCD] Reports Q1 $0.16 v $0.15e, R $348M v $352Memore
[08:54] {Threei} magoo :)
[08:59] {esemde} NAS futures seem to crawling off it's morning lows....maybe just maybe we can some kind of positive day after the feds Bernackers shot his mouth off about a crappy economy
[09:00] {esemde} don't know about you all but there is something dumb/stupid about this fed chairman....
[09:01] {Threei} and what about the one before him?? :)
[09:02] {esemde} he buggared up that major 2000 downturn.....
[09:02] {esemde} but....
[09:03] {Threei} I dunno... IMO, famous :who needs gold when we have greenspan" is one of the most cosly phrases in US history
[09:03] {esemde} he was more selective in how he broke the news to the market...selective is not the word i';m looking for thought
[09:03] {Threei} at par with "I want divorce"
[09:04] {Threei} well, he himself put it best anyone could
[09:04] {cosmo} i'd like to give them the benifit of the doubt... maybe this is a sign of brilliance
[09:04] {Threei} :if my speech is understood I am not doing my job well"
[09:04] {esemde} ha ha yuk yuk yuk
[09:05] {esemde} was drives me crazy is how all the fed governors seem to shoot there mouth off at random....shouldn't it come from just one person
[09:06] {cosmo} it may soon
[09:06] {Threei} PREVIEW: JAN INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION DUE OUT AT 9:15AMET
**consensus expectations:
[09:06] {Threei} - Jan Industrial Production: 0.1%e v prior 0.0%
[09:06] {Threei} - Jan Capacity Utilization: 81.3%e v prior 81.4%
[09:06] {Threei} IMO ese... it should be no one person... not two... just none
[09:06] {Threei} fed must be abolished
[09:07] {dptl} good morning all
[09:07] {Threei} dp :)
[09:07] {esemde} who would regulate the economy
[09:07] {esemde} dp
[09:07] {Threei} who said it needs to be regulated the way they do it
[09:08] {esemde} true ....whats your ideas
[09:08] {cosmo} maybe the US should have a prime minister
[09:08] {cosmo} nah... i dunno
[09:08] {Threei} a lot of studies show fed rate regulation never influenced inflation
[09:08] {Threei} staved off crisis or recession
[09:08] {esemde} you wouldn't want that cos....
[09:09] {cosmo} k
[09:09] {Threei} and if anything destabilized the weay things went
[09:09] {esemde} too many powers for canadian priminister without regulations
[09:09] {Threei} in particular, wasn't housing bubble directly created by feds action?
[09:09] {esemde} yes
[09:09] {cosmo} regulations are fleeting
[09:10] {esemde} not as much over=sight to the prime ministers office...thats the word i'm looking for
[09:10] {cosmo} ah... that's key
[09:11] {esemde} a la Brian Mulroney and the "AIR Bus" scandal here in the nineties
[09:12] {cosmo} UFO's do the oversight now i guess
[09:12] {cosmo} and ravens too
[09:13] {Threei} they tried their best with sponsorship scandla in Canada cos... didn't succeed either
[09:13] {esemde} Trudeau in the 60's with the war measures act.....we can become a police state instantly.....worse than the Soviet Union ever was
[09:13] {esemde} Not alot of people know that......
[09:13] {cosmo} then there was Tito...
[09:14] {esemde} it can be worse that that....
[09:15] {esemde} hopefully the democratic system here in Canada can withstand another unilateral declaration like that
[09:15] {Threei} *JAN INDUSTRIAL PRODUCTION: 0.1% V 0.1%E; CAPACITY UTILIZATION: 81.5% V 81.3%E
[09:15] {cosmo} BRCD
[09:15] {Threei} I think I'll change your mind about "worse than Soviet Union" ese, if tell you some things about how it used to be over there :)
[09:15] {cosmo} @7.30
[09:16] {esemde} we'll talk over another shis ka bob barbecue at your place some day
[09:16] {Threei} I am looking forward
[09:17] {cosmo} poor bob
[09:17] {Threei} rofl
[09:17] {esemde} with coffee thick enough and strong enough to be the foundation of your house
[09:17] {Threei} be back in 5
[09:17] {dino} gm all
[09:17] {Threei} dino :)
[09:17] {esemde} gm dino
[09:17] {Threei} yeah, you don't want to get in boxing match with that coffee
[09:20] {esemde} somebody answere me this....can the QID beused as a morning indicator like NAZ futures
[09:21] {esemde} or would the QQQQ be bettter
[09:22] {cosmo} hmmm
[09:22] {Threei} sure ese, just remember of opposite direction
[09:23] {esemde} i'm watching the nas100 futures climb and the QID decline
[09:23] {lumdus} good morning all
[09:23] {Threei} yup
[09:23] {Threei} lum :)
[09:23] {esemde} would it be more of a sentiment indicator than a real indicator
[09:23] {esemde} lum
[09:24] {Threei} not sure what you mean by that ese
[09:24] {esemde} well.....
[09:24] {Threei} NQ dowen 9.50 right now... it's real :)
[09:25] {esemde} QID is basically options contracts inn't it
[09:25] {esemde} or people going short....
[09:26] {cosmo} BRCD should hold 7.10 ... needs to hold 7.0 imho
[09:26] {esemde} hmmmmm...maybe i'm not sure what i'm asking
[09:26] {cosmo} hmmm
[09:26] {dino} emkr
[09:29] {Threei} EMKR PLACES 7.5M CONVERTIBLE UNITS AT $12.50/UNIT (12% OF MARKET CAP)-Private placement $94M of securities consisting, in the aggregate, of approximately 7.5M units of its common stock and warrants to purchase up to approximately 1.3M additional shares. The purchase price was $12.50 per unit. The warrants have a five-year term and an exercise price of $15.06 per share.
[09:30] {Threei} ETFC spike
[09:30] {Threei} don't see news
[09:31] {magoo} u watching nvda today for any recovery vad?
[09:31] {dino} head fake today
[09:31] {Threei} or for shorting... whatever shapes up :)
[09:31] {magoo} yep
[09:31] {Threei} reminder
[09:31] {Threei} Friday before long weekend
[09:31] {Threei} scalping is in order
[09:31] {magoo} scalp
[09:33] {Threei} watching IDMI for long on pullback
[09:33] {Threei} closer to 3.10
[09:35] {Threei} what pullback, wierdo asks
[09:35] {Roman}
21 JASO
[09:36] {esemde} yup doesn't want to pull back vad
[09:39] {Threei} CIEN half lot long 27.10 if stays above .95
[09:40] {Roman}
21 in JASO
[09:40] {Roman}
21 19.61 1/2
[09:40] {Roman}
21 1/3
[09:40] {lumdus} short leh 53.68 stop 53.77
[09:41] {dino} nvda
[09:42] {lumdus} out -.10 leh
[09:42] {magoo} u in CIEN vad?
[09:43] {Threei} it triggered, why wouldn't I be
[09:44] {Threei} stopped
[09:46] {magoo} me too
[09:47] {Threei} IDMI is cry-inducing
[09:47] {magoo} i know..feels like over 4
[09:48] {bruce} ehth dino
[09:48] {esemde} how bout this one EHTH...
[09:48] {Threei} 02/14/08 04:08pm [EHTH] Reports Q4 $0.14 v $0.13e, R $24.2M v $24.2Memore.. - Guides Q1 EPS $0.08-0.12 v $0.13e. - Guides FY08 R $114-117M v $115.6Me.
[09:51] {Threei} XMSR/SAIRI pair is climbing for some reason
[09:51] {Threei} SIRI
[09:53] {Roman}
21 out JASO -.11
[09:55] {dino} rads s sm .08, stop .33
[09:55] {Threei} *FEB PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 69.6 V 76.0E
[09:57] {Threei} Lowest reading since at least 1994 (limited by data)
[09:59] {bruce} pcln dino
[09:59] {Threei} NVDA on bounce watch
[10:02] {magoo} idmi bounce watch?
[10:02] {Threei} want NVDA lower I think, don't want to chase weak bounce
[10:02] {magoo} k
[10:02] {Threei} really can't tell IDMI
[10:06] {bruce} csgp dino
[10:08] {Threei} this is better entry level NVDA
[10:08] {Threei} stop under .50
[10:09] {dino} rads stopped -.25
[10:10] {bruce} s rads .20 stop .45
[10:10] {magoo} what entry u get nvda vad?
[10:10] {curtisweese} morning!
[10:10] {Threei} .61
[10:10] {Threei} curtis :)
[10:10] {bruce} csgp dino
[10:11] {magoo} .67 here
[10:11] {dptl} out+.10 nvda ty
[10:12] {dino} y bruce around 39.60s
[10:12] {magoo} a little high
[10:12] {dino} cgnx?
[10:12] {magoo} out flat
[10:12] {Threei} a bit mags, was available at .60 level for about a minute after my post
[10:13] {magoo} yeah, i missed
[10:13] {magoo} so out flkat
[10:13] {Threei} 08:36am [CGNX] Needham Raised CGNX to Strong Buy from Buy
[10:13] {lumdus} nvda, need to go now common run it
[10:13] {Threei} and earnings yesterday
[10:15] {bruce} stopped rads -.26
[10:16] {lumdus} nvda, looking to fail
[10:17] {Threei} it seems to restore its connection with overall market lum
[10:17] {Threei} not to full match but still
[10:17] {lumdus} yes, i am out -.03
[10:18] {bruce} I'd like to see cgnx higher dino - hasn't moved 2 bucks yet
[10:21] {bruce} ammd on radar dino
[10:22] {Chaeron} gm all
[10:23] {Threei} chaeron :)
[10:23] {magoo} chaer: )
[10:23] {curtisweese} out on NVDA short $.18 thanks lumdus.....just had time to see your comment and enter at right point!
[10:24] {dino} cgnx +3.60
[10:24] {lumdus} curtis my stop is .53 now
[10:25] {lumdus} but if you get .10 in this market i take it and run. nothing going on realy
[10:26] {curtisweese} dino, did you tell me about tradelog.com? that was a shipping company i think...wrong url?
[10:26] {bruce} k dino _ I wasn't including gap - just days actin - 17.20 to 19.20 now
[10:27] {dino} ok
[10:28] {dino} ilmn
[10:28] {magoo} cgnx animal
[10:29] {lumdus} watching abt
[10:29] {lumdus} long
[10:29] {bruce} prob. a relation of yours mags
[10:30] {lumdus} in abt 55.92 stop 55.79
[10:30] {lumdus} run abt run now ..
[10:31] {Threei} market is bipolar again or what
[10:31] {Threei} I don't see any significant news to cause this spike
[10:31] {magoo} tough
[10:32] {bruce} what you thinking ilmn dino - lots of volume now - closer to 74 for short?
[10:32] {Threei} if you watched NVDA with this NQ spike
[10:32] {Threei} nice juicy delay for entry
[10:33] {Threei} if NQ drops sharply, possible short scalp
[10:33] {Threei} but don't try to short it on any little NQ uptick
[10:33] {Threei} sorry downtick
[10:34] {magoo} maybe a qid long scalp too
[10:34] {lumdus} out abt -.11
[10:34] {Threei} watch for situation when NQ makes long red bar while NVDA stays up there for w while
[10:34] {curtisweese} what is NQ doing now? I need to pay to get that chart...darn :(
[10:34] {Threei} not what happened on this drop
[10:34] {Threei} use NDX or QQQ
[10:34] {Threei} QQQQ
[10:35] {magoo} i use qqqq, worx well
[10:35] {Threei} yeah, don't pay what you don't have to
[10:36] {bruce} dino - csgp may be worth try short about here now
[10:37] {dino} y
[10:43] {dino} ammd was the one
[10:44] {Threei} SDTH short half lot on .80 breakdown if stays under 13
[10:44] {lumdus} curtis dcc
[10:45] {magoo} i aggrssive
[10:45] {magoo} .83
[10:46] {dino} csgp s .98, stop hod
[10:48] {dino} jakk
[10:49] {dino} cenx
[10:50] {Threei} SDTH has this "ready to drop" look
[10:50] {bruce} cenx dino
[10:51] {dino} where
[10:52] {dino} .50 break
[10:52] {bruce} was thinking 61,75 if it gets back there with 62 stop
[10:53] {dino} its there
[10:53] {bruce} nope too much green for moment
[10:53] {dino} jakk s .00
[10:53] {dino} stop hod
[10:53] {bruce} s at.93 w 30c stop
[10:54] {bruce} in
[10:54] {magoo} everything falling BURT SDTH
[10:59] {magoo} not complaing, i went in early..but wierd
[10:59] {magoo} like vad said..looked prime to drop
[11:00] {Threei} valid as long as stays under 13
[11:02] {Threei} NVDA is long .30 or short .20
[11:02] {Threei} whichever comes first and whatever market direction supports
[11:03] {magoo} just give me the winner lol
[11:03] * Threei hands magoo a winner
[11:03] {bruce} atopped cenx -.25
[11:03] {lumdus} haa haa magoo
[11:06] {lumdus} vad, iyr, i was looking short 62.35 but since had been red candel for volume i figured not so good. that make sense ?
[11:07] {lumdus} short yhoo 29.71
[11:07] {lumdus} stop 29.81
[11:07] {Threei} yeah, need some consolidation to form range for break
[11:07] {lumdus} ok than you
[11:08] {lumdus} amzn looks like a nice short also
[11:09] {dino} gpro
[11:11] {dptl} so .30 stop on nvda?
[11:12] {Threei} yup
[11:12] {magoo} aapl bounce vad w/naz help?
[11:13] {Threei} close to .50 sure
[11:13] {Threei} very tight stop
[11:14] {dino} \gpro l sm .75
[11:14] {dptl} stopped nvda
[11:14] {Threei} psycho market
[11:14] {lumdus} double psycho
[11:15] {lumdus} my yhoo short didn't stop me out yet. maybe i can make this one work
[11:15] {dino} csgp stopped .21, -.23
[11:17] {lumdus} die yahoo die .. now
[11:17] {bruce} cenx looking weaker now dino
[11:19] {dino} missed
[11:20] {lumdus} stop on yhoo 29.73
[11:24] {lumdus} btu might fall also
[11:24] {dino} gpro stop to .10
[11:25] {curtisweese} NVDA short coming at 22.11 or so (market dependant) at least it lookss like it to me!
[11:25] {dino} out +.35
[11:27] {curtisweese} out NVDA short +$.04 only....partial fill so i bailed
[11:28] {lumdus} ccu rocking
[11:28] {bruce} qcom looks short
[11:28] {Threei} scanner slowed down to a crawl
[11:29] {curtisweese} slowin down before midday friday rally?
[11:29] {lumdus} vad, it gave us ccu which is good. maybe even another .10 on it.
[11:30] {dino} xnpt
[11:30] {Chaeron} spar
[11:30] {Threei} SPAR RECEIVES $133.8 MILLION ORDER FROM BAE SYSTEMS FOR PRODUCTION OF MRAP VEHICLES
[11:31] {Chaeron} thanks :)
[11:32] {lumdus} ok, done with ccu here .84 out
[11:33] {lumdus} lunch time, watch yhoo make sure it stays below .73 untill i finish eating
[11:41] {dino} sm l iclr, thin, wide
[11:42] {dino} .62
[11:43] {dino} sm l xnpt .00
[11:44] {magoo} die SDTH DDDDDDDDDDDDDDDDDDDDDDDDDDIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
[11:44] {Threei} I am garanteed to stutter for life
[11:45] {magoo} what u think vad?cut it or lety it trade
[11:46] {Threei} it works... slowly but hasn't violated any of setup landmarks so far
[11:46] {Threei} I am letting it trade
[11:46] {magoo} how many u get?
[11:47] {magoo} i 700 sh
[11:47] {Threei} I take the fifth
[11:47] {magoo} you'll take more than that
[11:47] * magoo slaps Threei around a bit with a large trout
[11:47] {dino} jakk won't move bstop to .04
[11:48] {Threei} fifth AND fresh fish?
[11:48] {Threei} how lucky am I
[11:51] {Threei} trailing my stop to .91
[11:51] {dino} jakk stopped
[11:52] {Threei} MULTIPLE EXPLOSIONS REPORTED ON A TEXAS GAS PIPELINE; FIRE DEPT. WAITING FOR GAS COMPANY TO SHUT THE LINE
[11:55] {dino} good idea
[11:55] {Threei} lol
[11:55] {patience} where is red adair when you need him
[11:56] {Threei} I am going for a smoke SDTH... when I am back, I want to see you at 12
[12:02] {Threei} sigh... stupid thing
[12:03] {curtisweese} market going up now looks like
[12:03] {curtisweese} or not lol
[12:03] {dptl} ceco?
[12:05] {Threei} chart looks right for a little breakout scalp... question is, how easy you feel about buying breaks today
[12:06] {dptl} ye you right.....wierd day
[12:06] {Threei} that's better SDTH
[12:07] {dino} imcl pretty good drop
[12:08] {Threei} you have 1:1 mags
[12:10] {dino} iclr stop to .20
[12:14] {Threei} now I do too
[12:14] {dino} out iclr +.40
[12:14] {dino} opps +.50
[12:14] {Threei} nice one dino
[12:14] {Threei} out some SDTH +.23
[12:15] {dino} ty
[12:15] {dino} gj
[12:15] {Threei} slooooow
[12:15] {Threei} but heck... I am slow
[12:16] {Threei} and stuttering, courtesy of magoo
[12:18] {dino} you want slow, take magoo golfing
[12:18] {esemde} have a great long weekend....everyone....was on the phone to Belgium and Denmark most of the morning so didn't much of a chance to participate...take care
[12:18] {dino} imcl l .72 stop lod
[12:18] {dino} cya es
[12:19] {Threei} take care ese, have a good weekend
[12:22] {magoo} was waiting .56 and no fill
[12:23] {dino} xnpt stopped
[12:23] {magoo} ok, filled out .61, TY vad
[12:23] {Threei} welcome sir
[12:23] {Threei} I am out in full too
[12:24] {magoo} wow, good lasr fill..look now
[12:24] {Threei} yep, good intuition
[12:35] {Threei} bear is growling
[12:38] {dino} fslr
[12:41] {bruce} gifi dino
[12:44] {bruce} also aci dino
[12:45] {bruce} l aci .22
[12:46] {bruce} stop .05
[12:49] {bruce} out aci quick scwlp +.37
[12:52] {dino} gpro l .44 stop .17
[12:52] {Threei} I want to short this market badl;y
[12:52] {Threei} but these spikes out of order make entry tough
[12:53] {lumdus} oh good yhoo didn't stop me out yet.
[12:53] {lumdus} new stop on yhoo short 29.68
[12:54] {Threei} magoo
[12:54] {Threei} you feel OK?
[12:55] * magoo slaps Laserdave1 around a bit with a large trout
[12:55] {Threei} there
[12:55] {magoo} ty
[12:55] {Threei} :)
[12:55] * Laserdave1 slaps magoo around a bit with a large trout
[12:55] * Laserdave1 slaps Threei around a bit with a large trout
[12:55] {Threei} hmmm
[12:55] {Threei} what did I do?
[12:56] {Laserdave1} absoutly nothing
[12:56] {Laserdave1} but its Friday
[12:56] {Threei} oh great
[12:56] {Laserdave1} and I felt like sharing
[12:56] {Threei} logic is "if you did do something I would kill you'?
[12:56] {lumdus} yhoo double top. i think it's going to fall
[12:56] {Laserdave1} that makes sense
[12:56] {Threei} better yet lum,
[12:57] {Threei} it formed C&H and didn't break
[12:57] {Threei} on 1 min
[12:57] {Threei} handle's bottom is .55, if breaks it ghas a good chance
[13:00] {bruce} I like gpro lower - closer to .20 dino - don't trust these breaks lately
[13:03] {Threei} what I would really get excited about is market jump shaking shorters out and taking QID back to about 51.20,
[13:03] {Threei} then bear closing the trap by sharp drop and new lows
[13:04] {Threei} needless to say, if I get QID long there, it will be doble lot
[13:04] {Threei} one for scalping, one for attempt to get real move
[13:05] {curtisweese} what are you doing with qid? long right if it breaks .83? confused I am
[13:05] {Threei} this I am hesitant to do
[13:05] {dino} out imcl .84 +.12
[13:05] {Threei} these breaks end up with sharp pullbacks more often tythan not
[13:06] {Threei} and I have no tools to tell which one will finally work
[13:07] {Threei} but sharp pullbacks reach extreme, shake people out and then reverse and reach new extremes almost invariably
[13:07] {Threei} in that light I won't be surprized to see QID dropping to .50 now
[13:08] {curtisweese} sometimes i feel there is only one guy trading against me millions of shares to trick me and take my money even with huge volume stocks....lol
[13:09] {bruce} drys dino -
[13:10] {dino} toughy
[13:14] {Threei} how about that?
[13:15] {Threei} see why I avoid breaks?
[13:17] {dino} gpro stop to .84
[13:18] {bruce} nice one - worked well for you dino
[13:18] {dino} ty lucky
[13:23] {dino} out gpro .05, +.61
[13:24] {Threei} FED'S MISHKIN: FINANCIAL DISRUPTION POSES SUBSTANTIAL DOWNSIDE RISK TO GROWTH OUTLOOK; SHOULD TAKE BACK EASING ONCE RECOVERY IS ESTABLISHED
- Energy Prices, Falling Dollar Pose Inflation Risk, Any rise in price expectations will pose concern; "cannot be complacent" about price expectations
[13:24] {Threei} - must be ready to raise rates if sees significant rise in inflation expectations; Fed will act decisively to balance economic risks
[13:24] {Threei} - Notes Fed policy exhibited less gradualism, will continue to act 'decisively' on rates
[13:24] {dino} l cpla .04 ave
[13:26] {curtisweese} nvda....hmmmmm
[13:41] {dino} cpla not moving, stop to .94
[13:42] {magoo} vad, u like rimm or aapl for bounce scalps?
[13:43] {Threei} I'd rather look for short
[13:43] {Threei} these moves turn on a dime, and they already are quite a bit off the lows
[13:44] {Threei} here comes QID intro .50
[13:44] {dino} spwr l .32 sm wide
[13:45] {bruce} gpro spke dino
[13:46] {dino} y bummer
[13:47] {magoo} ike 51.20 long?
[13:47] {Threei} that would be ideal scenario
[13:48] {bruce} don't think there was any way to anticipate it dino
[13:49] {bruce} your exit was good - it made big drop before that spike
[13:51] {dino} yeah, i know was waiting at 50.50 for it
[13:53] {bruce} would have been grat second entry if it went that far
[13:54] {Threei} feels like one more spike in order before reversal back down
[13:55] {magoo} u got thge ball vad..make the call
[13:56] {Threei} short QID for a little scalp on first sign of NQ strength
[13:57] {Threei} wait with long till one more relenteless squeeze
[13:59] {lumdus} common yhoo i am waiting already 3 hours. damm !
[13:59] {lumdus} stop on yhoo 29.64
[14:02] {lumdus} l adm 43.92 stop 43.80
[14:03] {magoo} looks like rolling now..but could be fake
[14:03] {Threei} seems a bit too early to roll... hasn't killed all premature shorters yet
[14:16] {Threei} in hidnsight going long off .40 would have worked...
[14:16] {Threei} I need hindsight broker
[14:16] {lumdus} yhoo stop 29.61
[14:16] {Chaeron} they're pricey
[14:17] {lumdus} out adm - .13
[14:18] {curtisweese} now is it time to buy or is the market going to keep dropping now... grrrr
[14:21] * Threei slaps Laserdave1 around a bit with a large trout
[14:21] * Chaeron slaps Laserdave1 around a bit with a large trout
[14:22] {Threei} where is that "Buy based on tomorrow's WSJ" button I requested years ago?
[14:24] {magoo} u need the oms module vad
[14:27] {bruce} asia dino
[14:30] {dino} wmar
[14:30] {dino} asia
[14:32] {lumdus} short rimm 93.97 stop 94.24
[14:33] {lumdus} stop on rimm 94.19
[14:34] {lumdus} stop on rimm 94.13 mabye some damm follow thru today who knos
[14:37] {lumdus} common rimm . you know how to die
[14:37] {lumdus} stop on rimm 94.03
[14:38] {dino} out spwr .42, +.10
[14:38] {bruce} pcln finally losing steam dino?
[14:40] {dino} dk at hod
[14:41] {lumdus} rimm crap.. should have grabbed it
[14:47] {dino} gpro oh mannnnn
[14:48] {bruce} gpro starting to look overbought dino
[14:50] {dino} was 55-56 yesterday
[14:50] {bruce} yers - just thinking of this price spike
[14:51] {dino} i was too until i pulled 5 day
[14:51] {bruce} short asia here dino?
[14:52] {dino} feels pretty strong bruce, if mkt turns up it may rock
[14:53] {dino} altho break of .00, w/stop hod
[14:54] {bruce} s asia 12.10
[14:55] {dino} nice entry
[14:55] {Threei} PRST SEC ISSUES FORMAL INVESTIGATIVE ORDER
[14:55] {bruce} exited asia - quick scalp +.20
[14:56] {Threei} nice one bruce
[14:56] {dino} wtg
[14:56] {bruce} thanx vad- probably out too early
[14:57] {dino} gpro spikes again
[15:00] {bruce} was thinking of scalp in gpro - short at 55 - didn't quite hit
[15:02] {dino} cpla stop to .13 whooo hoooo
[15:02] {dino} back in 10
[15:02] {magoo} last hour..wake up vad
[15:02] {magoo} find us 2 nice trades
[15:02] {magoo} short..long..i care not
[15:02] {Threei} ASIA deserves another short at .80 break
[15:02] {Threei} seems to have a lot more of downside
[15:03] {bruce} was just thinking that vad
[15:11] {lumdus} slm looking good .break of 22.00 and i am in long
[15:13] {lumdus} in slm 22.01 stop
[15:13] {lumdus} 21.89
[15:13] {dptl} asia 12 stop?
[15:13] {dino} cpla stop to .34
[15:13] {magoo} heres spikaroo vad
[15:13] {Threei} above 12
[15:13] {lumdus} .07 trail stop on slm .. not losing this
[15:14] {magoo} i looking at vads qid long call
[15:14] {dino} out cpla .31, +.27
[15:16] {lumdus} stop on slm 22.08 .. had enough jumping around on me
[15:17] {magoo} HOLY CRASP VAD
[15:17] {magoo} we gonna see .20
[15:17] {Threei} looks like, lol
[15:18] {bruce} s asia .91
[15:18] {magoo} let me know if u go..and price u get
[15:18] {dptl} what are you talking about?
[15:19] {dino} nice
[15:19] {dino} bruce
[15:19] {bruce} out asia .20 again
[15:20] {lumdus} out slm 22.08 + .07
[15:20] {dino} ehth s .02 stop .16
[15:20] {lumdus} today's style is grab the profit as soon you get it. don't wait for the big run.
[15:24] {lumdus} vad, look at bsc chart. I think it sums up the day. wacky !
[15:24] {Threei} well, it had news
[15:24] {Threei} and in overall wacky sector
[15:25] {magoo} its SCALP friday lum..vad and i put it out there before the bell
[15:26] {lumdus} yes, i saw vad and your comments out there. I just didn't listen good enough today.
[15:26] {lumdus} rimm was an easy +.25 and slm +.30 .. but .
[15:27] {lumdus} cmcsa looks interesting
[15:27] {magoo} well then...hear this .....................
[15:27] {magoo} bruce please.
[15:28] {bruce} whats up mags?
[15:28] {magoo} dcc
[15:29] {curtisweese} what is dcc?
[15:30] * bruce slaps lumdus around a bit with a large trout
[15:30] {Threei} SUES ST REGIS MOHAWK TRIBE - FILING
[15:30] {Threei} NYNY
[15:30] {bruce} jus fo0r fun lum
[15:30] {Threei} dunno why I post it
[15:30] {Threei} it's not like we can short the tribe
[15:30] {lumdus} in amzn 72.57 stop 72.37
[15:31] {magoo} rimm short loss .50 vad?
[15:32] {Threei} I have no idea
[15:32] {magoo} qid long vad?
[15:32] * Threei slaps magoo around a bit with a large trout
[15:32] {magoo} ty
[15:32] {Threei} aleways
[15:33] {magoo} ale-ways??as in friday brew?
[15:33] {Threei} gosh... if you guys all start drinking at certain time, how come noone told me
[15:33] {bruce} any read aci here vad - break or fake?
[15:34] {bruce} too - late - broke
[15:34] {Threei} upward is more like it
[15:34] {Threei} it pulls back into new support
[15:34] {Threei} still desrves a try
[15:35] {bruce} and theres the fake
[15:35] {Threei} perfect pullback for an entry with tight stop
[15:36] {magoo} what entry? ACI correct?
[15:36] {Threei} yes, dropped right into 49
[15:36] {magoo} toioo late here?
[15:36] {Threei} gosh
[15:37] {magoo} i kone
[15:37] {bruce} damn - bid 04 and didn't get filled
[15:37] {Threei} 20 cents higher, of course too late
[15:37] {magoo} kone=know
[15:38] {lumdus} stop on amzn 72.46 .. maybe i get a run her.
[15:38] {Threei} out ASIA .58
[15:38] {bruce} nice one vad
[15:39] {lumdus} amzn trail stop .05
[15:40] {lumdus} out amzn 72.75 + .18
[15:40] {lumdus} now watch it run magoo. i know .. it'll go up another 1.00
[15:41] {bruce} probably more lum
[15:41] {bruce} just to spite you
[15:42] {lumdus} yes, the one stock that i scalped and didn't let it run .. will run like hell
[15:42] {magoo} bird in hand lum
[15:44] {bruce} spwr short dino?
[15:47] {magoo} i just can't believe pushing up into long weekend..xcept if its short covering
[15:48] {magoo} qid 51.17 vad
[15:48] {Threei} yup... if you believe in any kind of drop, it's time
[15:49] {dino} ehth stopped -.13
[15:53] {Threei} ah come on market
[15:53] {Threei} no drop into close??
[15:53] {curtisweese} surging into close
[15:55] {lumdus} magoo, you see amzn.. i knew it
[15:56] {magoo} yeah
[15:56] {magoo} ididn't tell u to scalp it lol
[15:58] {magoo} gotta look at it like this lum...u made money..thats always good
[15:59] {lumdus} yeah, you right .+.18 is better then -.18
[16:00] {Threei} the wierdest close
[16:00] {Threei} OK guys, thank you all
[16:00] {Threei} have a good relaxing long weekend
[16:00] {Threei} next week is bull market
[16:00] {Threei} see you all on Tusday
[16:00] {dptl} have a good weekend all
[16:03] {dino} later all
[16:03] {magoo} ty vad
[16:03] {magoo} ty all
[16:03] {bruce} bye all

Session Time: Fri Feb 15 00:00:00 2008

[08:38] {Threei} *JAN IMPORT PRICE INDEX: M/M 1.7% V 0.5%E; Y/Y 13.7% V 12.7%E
- Prior m/m revised from 0.0% to -0.2%
[08:38] {Threei} - Prior y/y revised from 10.9% to 10.4%
[08:47] {cosmo} IDMI
[08:48] {cosmo} 3.25 hopm
[08:48] {Threei} the way it trades is puzzling
[08:48] {cosmo} hmm
[08:48] {Threei} it's like it has no input by normal trading whatsoever, fully controlled by a single entity
[08:48] {esemde} good morning......
[08:49] {Threei} ese :)
[08:49] {Threei} I don't think I've ever seen anything like this with decent volume
[08:49] {Threei} low volume pukers yes, they often trade in this mannere
[08:49] {cosmo} conspiracy?
[08:49] {Threei} ghost of JFK trades it?
[08:50] {cosmo} Jr. too
[08:52] {cosmo} BRCD tests at 7.3 ...just in case
[08:54] {magoo} morning
[08:54] {Threei} 02/14/08 05:03pm [BRCD] Guides Q2 EPS $0.13-0.15 v $0.14e, R $340-355M v $350Me - Conference Call
[08:54] {Threei} 02/14/08 04:05pm [BRCD] Reports Q1 $0.16 v $0.15e, R $348M v $352Memore
[08:54] {Threei} magoo :)
[08:59] {esemde} NAS futures seem to crawling off it's morning lows....maybe just maybe we can some kind of positive day after the feds Bernackers shot his mouth off about a crappy economy
[09:00] {esemde} don't know about you all but there is something dumb/stupid about this fed chairman....
[09:01] {Threei} and what about the one before him?? :)
[09:02] {esemde} he buggared up that major 2000 downturn.....
[09:02] {esemde} but....
[09:03] {Threei} I dunno... IMO, famous :who needs gold when we have greenspan" is one of the most cosly phrases in US history
[09:03] {esemde} he was more selective in how he broke the news to the market...selective is not the word i';m looking for thought
[09:03] {Threei} at par with "I want divorce"
[09:04] {Threei} well, he himself put it best anyone could
[09:04] {cosmo} i'd like to give them the benifit of the doubt... maybe this is a sign of brilliance
[09:04] {Threei} :if my speech is understood I am not doing my job well"
[09:04] {esemde} ha ha yuk yuk yuk
[09:05] {esemde} was drives me crazy is how all the fed governors seem to shoot there mouth off at random....shouldn't it come from just one person
[09:06] {cosmo} it may soon
[09:06] {Threei} PREVIEW: JAN INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION DUE OUT AT 9:15AMET
**consensus expectations:
[09:06] {Threei} - Jan Industrial Production: 0.1%e v prior 0.0%
[09:06] {Threei} - Jan Capacity Utilization: 81.3%e v prior 81.4%
[09:06] {Threei} IMO ese... it should be no one person... not two... just none
[09:06] {Threei} fed must be abolished
[09:07] {dptl} good morning all
[09:07] {Threei} dp :)
[09:07] {esemde} who would regulate the economy
[09:07] {esemde} dp
[09:07] {Threei} who said it needs to be regulated the way they do it
[09:08] {esemde} true ....whats your ideas
[09:08] {cosmo} maybe the US should have a prime minister
[09:08] {cosmo} nah... i dunno
[09:08] {Threei} a lot of studies show fed rate regulation never influenced inflation
[09:08] {Threei} staved off crisis or recession
[09:08] {esemde} you wouldn't want that cos....
[09:09] {cosmo} k
[09:09] {Threei} and if anything destabilized the weay things went
[09:09] {esemde} too many powers for canadian priminister without regulations
[09:09] {Threei} in particular, wasn't housing bubble directly created by feds action?
[09:09] {esemde} yes
[09:09] {cosmo} regulations are fleeting
[09:10] {esemde} not as much over=sight to the prime ministers office...thats the word i'm looking for
[09:10] {cosmo} ah... that's key
[09:11] {esemde} a la Brian Mulroney and the "AIR Bus" scandal here in the nineties
[09:12] {cosmo} UFO's do the oversight now i guess
[09:12] {cosmo} and ravens too
[09:13] {Threei} they tried their best with sponsorship scandla in Canada cos... didn't succeed either
[09:13] {esemde} Trudeau in the 60's with the war measures act.....we can become a police state instantly.....worse than the Soviet Union ever was
[09:13] {esemde} Not alot of people know that......
[09:13] {cosmo} then there was Tito...
[09:14] {esemde} it can be worse that that....
[09:15] {esemde} hopefully the democratic system here in Canada can withstand another unilateral declaration like that
[09:15] {Threei} *JAN INDUSTRIAL PRODUCTION: 0.1% V 0.1%E; CAPACITY UTILIZATION: 81.5% V 81.3%E
[09:15] {cosmo} BRCD
[09:15] {Threei} I think I'll change your mind about "worse than Soviet Union" ese, if tell you some things about how it used to be over there :)
[09:15] {cosmo} @7.30
[09:16] {esemde} we'll talk over another shis ka bob barbecue at your place some day
[09:16] {Threei} I am looking forward
[09:17] {cosmo} poor bob
[09:17] {Threei} rofl
[09:17] {esemde} with coffee thick enough and strong enough to be the foundation of your house
[09:17] {Threei} be back in 5
[09:17] {dino} gm all
[09:17] {Threei} dino :)
[09:17] {esemde} gm dino
[09:17] {Threei} yeah, you don't want to get in boxing match with that coffee
[09:20] {esemde} somebody answere me this....can the QID beused as a morning indicator like NAZ futures
[09:21] {esemde} or would the QQQQ be bettter
[09:22] {cosmo} hmmm
[09:22] {Threei} sure ese, just remember of opposite direction
[09:23] {esemde} i'm watching the nas100 futures climb and the QID decline
[09:23] {lumdus} good morning all
[09:23] {Threei} yup
[09:23] {Threei} lum :)
[09:23] {esemde} would it be more of a sentiment indicator than a real indicator
[09:23] {esemde} lum
[09:24] {Threei} not sure what you mean by that ese
[09:24] {esemde} well.....
[09:24] {Threei} NQ dowen 9.50 right now... it's real :)
[09:25] {esemde} QID is basically options contracts inn't it
[09:25] {esemde} or people going short....
[09:26] {cosmo} BRCD should hold 7.10 ... needs to hold 7.0 imho
[09:26] {esemde} hmmmmm...maybe i'm not sure what i'm asking
[09:26] {cosmo} hmmm
[09:26] {dino} emkr
[09:29] {Threei} EMKR PLACES 7.5M CONVERTIBLE UNITS AT $12.50/UNIT (12% OF MARKET CAP)-Private placement $94M of securities consisting, in the aggregate, of approximately 7.5M units of its common stock and warrants to purchase up to approximately 1.3M additional shares. The purchase price was $12.50 per unit. The warrants have a five-year term and an exercise price of $15.06 per share.
[09:30] {Threei} ETFC spike
[09:30] {Threei} don't see news
[09:31] {magoo} u watching nvda today for any recovery vad?
[09:31] {dino} head fake today
[09:31] {Threei} or for shorting... whatever shapes up :)
[09:31] {magoo} yep
[09:31] {Threei} reminder
[09:31] {Threei} Friday before long weekend
[09:31] {Threei} scalping is in order
[09:31] {magoo} scalp
[09:33] {Threei} watching IDMI for long on pullback
[09:33] {Threei} closer to 3.10
[09:35] {Threei} what pullback, wierdo asks
[09:35] {Roman}
21 JASO
[09:36] {esemde} yup doesn't want to pull back vad
[09:39] {Threei} CIEN half lot long 27.10 if stays above .95
[09:40] {Roman}
21 in JASO
[09:40] {Roman}
21 19.61 1/2
[09:40] {Roman}
21 1/3
[09:40] {lumdus} short leh 53.68 stop 53.77
[09:41] {dino} nvda
[09:42] {lumdus} out -.10 leh
[09:42] {magoo} u in CIEN vad?
[09:43] {Threei} it triggered, why wouldn't I be
[09:44] {Threei} stopped
[09:46] {magoo} me too
[09:47] {Threei} IDMI is cry-inducing
[09:47] {magoo} i know..feels like over 4
[09:48] {bruce} ehth dino
[09:48] {esemde} how bout this one EHTH...
[09:48] {Threei} 02/14/08 04:08pm [EHTH] Reports Q4 $0.14 v $0.13e, R $24.2M v $24.2Memore.. - Guides Q1 EPS $0.08-0.12 v $0.13e. - Guides FY08 R $114-117M v $115.6Me.
[09:51] {Threei} XMSR/SAIRI pair is climbing for some reason
[09:51] {Threei} SIRI
[09:53] {Roman}
21 out JASO -.11
[09:55] {dino} rads s sm .08, stop .33
[09:55] {Threei} *FEB PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 69.6 V 76.0E
[09:57] {Threei} Lowest reading since at least 1994 (limited by data)
[09:59] {bruce} pcln dino
[09:59] {Threei} NVDA on bounce watch
[10:02] {magoo} idmi bounce watch?
[10:02] {Threei} want NVDA lower I think, don't want to chase weak bounce
[10:02] {magoo} k
[10:02] {Threei} really can't tell IDMI
[10:06] {bruce} csgp dino
[10:08] {Threei} this is better entry level NVDA
[10:08] {Threei} stop under .50
[10:09] {dino} rads stopped -.25
[10:10] {bruce} s rads .20 stop .45
[10:10] {magoo} what entry u get nvda vad?
[10:10] {curtisweese} morning!
[10:10] {Threei} .61
[10:10] {Threei} curtis :)
[10:10] {bruce} csgp dino
[10:11] {magoo} .67 here
[10:11] {dptl} out+.10 nvda ty
[10:12] {dino} y bruce around 39.60s
[10:12] {magoo} a little high
[10:12] {dino} cgnx?
[10:12] {magoo} out flat
[10:12] {Threei} a bit mags, was available at .60 level for about a minute after my post
[10:13] {magoo} yeah, i missed
[10:13] {magoo} so out flkat
[10:13] {Threei} 08:36am [CGNX] Needham Raised CGNX to Strong Buy from Buy
[10:13] {lumdus} nvda, need to go now common run it
[10:13] {Threei} and earnings yesterday
[10:15] {bruce} stopped rads -.26
[10:16] {lumdus} nvda, looking to fail
[10:17] {Threei} it seems to restore its connection with overall market lum
[10:17] {Threei} not to full match but still
[10:17] {lumdus} yes, i am out -.03
[10:18] {bruce} I'd like to see cgnx higher dino - hasn't moved 2 bucks yet
[10:21] {bruce} ammd on radar dino
[10:22] {Chaeron} gm all
[10:23] {Threei} chaeron :)
[10:23] {magoo} chaer: )
[10:23] {curtisweese} out on NVDA short $.18 thanks lumdus.....just had time to see your comment and enter at right point!
[10:24] {dino} cgnx +3.60
[10:24] {lumdus} curtis my stop is .53 now
[10:25] {lumdus} but if you get .10 in this market i take it and run. nothing going on realy
[10:26] {curtisweese} dino, did you tell me about tradelog.com? that was a shipping company i think...wrong url?
[10:26] {bruce} k dino _ I wasn't including gap - just days actin - 17.20 to 19.20 now
[10:27] {dino} ok
[10:28] {dino} ilmn
[10:28] {magoo} cgnx animal
[10:29] {lumdus} watching abt
[10:29] {lumdus} long
[10:29] {bruce} prob. a relation of yours mags
[10:30] {lumdus} in abt 55.92 stop 55.79
[10:30] {lumdus} run abt run now ..
[10:31] {Threei} market is bipolar again or what
[10:31] {Threei} I don't see any significant news to cause this spike
[10:31] {magoo} tough
[10:32] {bruce} what you thinking ilmn dino - lots of volume now - closer to 74 for short?
[10:32] {Threei} if you watched NVDA with this NQ spike
[10:32] {Threei} nice juicy delay for entry
[10:33] {Threei} if NQ drops sharply, possible short scalp
[10:33] {Threei} but don't try to short it on any little NQ uptick
[10:33] {Threei} sorry downtick
[10:34] {magoo} maybe a qid long scalp too
[10:34] {lumdus} out abt -.11
[10:34] {Threei} watch for situation when NQ makes long red bar while NVDA stays up there for w while
[10:34] {curtisweese} what is NQ doing now? I need to pay to get that chart...darn :(
[10:34] {Threei} not what happened on this drop
[10:34] {Threei} use NDX or QQQ
[10:34] {Threei} QQQQ
[10:35] {magoo} i use qqqq, worx well
[10:35] {Threei} yeah, don't pay what you don't have to
[10:36] {bruce} dino - csgp may be worth try short about here now
[10:37] {dino} y
[10:43] {dino} ammd was the one
[10:44] {Threei} SDTH short half lot on .80 breakdown if stays under 13
[10:44] {lumdus} curtis dcc
[10:45] {magoo} i aggrssive
[10:45] {magoo} .83
[10:46] {dino} csgp s .98, stop hod
[10:48] {dino} jakk
[10:49] {dino} cenx
[10:50] {Threei} SDTH has this "ready to drop" look
[10:50] {bruce} cenx dino
[10:51] {dino} where
[10:52] {dino} .50 break
[10:52] {bruce} was thinking 61,75 if it gets back there with 62 stop
[10:53] {dino} its there
[10:53] {bruce} nope too much green for moment
[10:53] {dino} jakk s .00
[10:53] {dino} stop hod
[10:53] {bruce} s at.93 w 30c stop
[10:54] {bruce} in
[10:54] {magoo} everything falling BURT SDTH
[10:59] {magoo} not complaing, i went in early..but wierd
[10:59] {magoo} like vad said..looked prime to drop
[11:00] {Threei} valid as long as stays under 13
[11:02] {Threei} NVDA is long .30 or short .20
[11:02] {Threei} whichever comes first and whatever market direction supports
[11:03] {magoo} just give me the winner lol
[11:03] * Threei hands magoo a winner
[11:03] {bruce} atopped cenx -.25
[11:03] {lumdus} haa haa magoo
[11:06] {lumdus} vad, iyr, i was looking short 62.35 but since had been red candel for volume i figured not so good. that make sense ?
[11:07] {lumdus} short yhoo 29.71
[11:07] {lumdus} stop 29.81
[11:07] {Threei} yeah, need some consolidation to form range for break
[11:07] {lumdus} ok than you
[11:08] {lumdus} amzn looks like a nice short also
[11:09] {dino} gpro
[11:11] {dptl} so .30 stop on nvda?
[11:12] {Threei} yup
[11:12] {magoo} aapl bounce vad w/naz help?
[11:13] {Threei} close to .50 sure
[11:13] {Threei} very tight stop
[11:14] {dino} \gpro l sm .75
[11:14] {dptl} stopped nvda
[11:14] {Threei} psycho market
[11:14] {lumdus} double psycho
[11:15] {lumdus} my yhoo short didn't stop me out yet. maybe i can make this one work
[11:15] {dino} csgp stopped .21, -.23
[11:17] {lumdus} die yahoo die .. now
[11:17] {bruce} cenx looking weaker now dino
[11:19] {dino} missed
[11:20] {lumdus} stop on yhoo 29.73
[11:24] {lumdus} btu might fall also
[11:24] {dino} gpro stop to .10
[11:25] {curtisweese} NVDA short coming at 22.11 or so (market dependant) at least it lookss like it to me!
[11:25] {dino} out +.35
[11:27] {curtisweese} out NVDA short +$.04 only....partial fill so i bailed
[11:28] {lumdus} ccu rocking
[11:28] {bruce} qcom looks short
[11:28] {Threei} scanner slowed down to a crawl
[11:29] {curtisweese} slowin down before midday friday rally?
[11:29] {lumdus} vad, it gave us ccu which is good. maybe even another .10 on it.
[11:30] {dino} xnpt
[11:30] {Chaeron} spar
[11:30] {Threei} SPAR RECEIVES $133.8 MILLION ORDER FROM BAE SYSTEMS FOR PRODUCTION OF MRAP VEHICLES
[11:31] {Chaeron} thanks :)
[11:32] {lumdus} ok, done with ccu here .84 out
[11:33] {lumdus} lunch time, watch yhoo make sure it stays below .73 untill i finish eating
[11:41] {dino} sm l iclr, thin, wide
[11:42] {dino} .62
[11:43] {dino} sm l xnpt .00
[11:44] {magoo} die SDTH DDDDDDDDDDDDDDDDDDDDDDDDDDIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
[11:44] {Threei} I am garanteed to stutter for life
[11:45] {magoo} what u think vad?cut it or lety it trade
[11:46] {Threei} it works... slowly but hasn't violated any of setup landmarks so far
[11:46] {Threei} I am letting it trade
[11:46] {magoo} how many u get?
[11:47] {magoo} i 700 sh
[11:47] {Threei} I take the fifth
[11:47] {magoo} you'll take more than that
[11:47] * magoo slaps Threei around a bit with a large trout
[11:47] {dino} jakk won't move bstop to .04
[11:48] {Threei} fifth AND fresh fish?
[11:48] {Threei} how lucky am I
[11:51] {Threei} trailing my stop to .91
[11:51] {dino} jakk stopped
[11:52] {Threei} MULTIPLE EXPLOSIONS REPORTED ON A TEXAS GAS PIPELINE; FIRE DEPT. WAITING FOR GAS COMPANY TO SHUT THE LINE
[11:55] {dino} good idea
[11:55] {Threei} lol
[11:55] {patience} where is red adair when you need him
[11:56] {Threei} I am going for a smoke SDTH... when I am back, I want to see you at 12
[12:02] {Threei} sigh... stupid thing
[12:03] {curtisweese} market going up now looks like
[12:03] {curtisweese} or not lol
[12:03] {dptl} ceco?
[12:05] {Threei} chart looks right for a little breakout scalp... question is, how easy you feel about buying breaks today
[12:06] {dptl} ye you right.....wierd day
[12:06] {Threei} that's better SDTH
[12:07] {dino} imcl pretty good drop
[12:08] {Threei} you have 1:1 mags
[12:10] {dino} iclr stop to .20
[12:14] {Threei} now I do too
[12:14] {dino} out iclr +.40
[12:14] {dino} opps +.50
[12:14] {Threei} nice one dino
[12:14] {Threei} out some SDTH +.23
[12:15] {dino} ty
[12:15] {dino} gj
[12:15] {Threei} slooooow
[12:15] {Threei} but heck... I am slow
[12:16] {Threei} and stuttering, courtesy of magoo
[12:18] {dino} you want slow, take magoo golfing
[12:18] {esemde} have a great long weekend....everyone....was on the phone to Belgium and Denmark most of the morning so didn't much of a chance to participate...take care
[12:18] {dino} imcl l .72 stop lod
[12:18] {dino} cya es
[12:19] {Threei} take care ese, have a good weekend
[12:22] {magoo} was waiting .56 and no fill
[12:23] {dino} xnpt stopped
[12:23] {magoo} ok, filled out .61, TY vad
[12:23] {Threei} welcome sir
[12:23] {Threei} I am out in full too
[12:24] {magoo} wow, good lasr fill..look now
[12:24] {Threei} yep, good intuition
[12:35] {Threei} bear is growling
[12:38] {dino} fslr
[12:41] {bruce} gifi dino
[12:44] {bruce} also aci dino
[12:45] {bruce} l aci .22
[12:46] {bruce} stop .05
[12:49] {bruce} out aci quick scwlp +.37
[12:52] {dino} gpro l .44 stop .17
[12:52] {Threei} I want to short this market badl;y
[12:52] {Threei} but these spikes out of order make entry tough
[12:53] {lumdus} oh good yhoo didn't stop me out yet.
[12:53] {lumdus} new stop on yhoo short 29.68
[12:54] {Threei} magoo
[12:54] {Threei} you feel OK?
[12:55] * magoo slaps Laserdave1 around a bit with a large trout
[12:55] {Threei} there
[12:55] {magoo} ty
[12:55] {Threei} :)
[12:55] * Laserdave1 slaps magoo around a bit with a large trout
[12:55] * Laserdave1 slaps Threei around a bit with a large trout
[12:55] {Threei} hmmm
[12:55] {Threei} what did I do?
[12:56] {Laserdave1} absoutly nothing
[12:56] {Laserdave1} but its Friday
[12:56] {Threei} oh great
[12:56] {Laserdave1} and I felt like sharing
[12:56] {Threei} logic is "if you did do something I would kill you'?
[12:56] {lumdus} yhoo double top. i think it's going to fall
[12:56] {Laserdave1} that makes sense
[12:56] {Threei} better yet lum,
[12:57] {Threei} it formed C&H and didn't break
[12:57] {Threei} on 1 min
[12:57] {Threei} handle's bottom is .55, if breaks it ghas a good chance
[13:00] {bruce} I like gpro lower - closer to .20 dino - don't trust these breaks lately
[13:03] {Threei} what I would really get excited about is market jump shaking shorters out and taking QID back to about 51.20,
[13:03] {Threei} then bear closing the trap by sharp drop and new lows
[13:04] {Threei} needless to say, if I get QID long there, it will be doble lot
[13:04] {Threei} one for scalping, one for attempt to get real move
[13:05] {curtisweese} what are you doing with qid? long right if it breaks .83? confused I am
[13:05] {Threei} this I am hesitant to do
[13:05] {dino} out imcl .84 +.12
[13:05] {Threei} these breaks end up with sharp pullbacks more often tythan not
[13:06] {Threei} and I have no tools to tell which one will finally work
[13:07] {Threei} but sharp pullbacks reach extreme, shake people out and then reverse and reach new extremes almost invariably
[13:07] {Threei} in that light I won't be surprized to see QID dropping to .50 now
[13:08] {curtisweese} sometimes i feel there is only one guy trading against me millions of shares to trick me and take my money even with huge volume stocks....lol
[13:09] {bruce} drys dino -
[13:10] {dino} toughy
[13:14] {Threei} how about that?
[13:15] {Threei} see why I avoid breaks?
[13:17] {dino} gpro stop to .84
[13:18] {bruce} nice one - worked well for you dino
[13:18] {dino} ty lucky
[13:23] {dino} out gpro .05, +.61
[13:24] {Threei} FED'S MISHKIN: FINANCIAL DISRUPTION POSES SUBSTANTIAL DOWNSIDE RISK TO GROWTH OUTLOOK; SHOULD TAKE BACK EASING ONCE RECOVERY IS ESTABLISHED
- Energy Prices, Falling Dollar Pose Inflation Risk, Any rise in price expectations will pose concern; "cannot be complacent" about price expectations
[13:24] {Threei} - must be ready to raise rates if sees significant rise in inflation expectations; Fed will act decisively to balance economic risks
[13:24] {Threei} - Notes Fed policy exhibited less gradualism, will continue to act 'decisively' on rates
[13:24] {dino} l cpla .04 ave
[13:26] {curtisweese} nvda....hmmmmm
[13:41] {dino} cpla not moving, stop to .94
[13:42] {magoo} vad, u like rimm or aapl for bounce scalps?
[13:43] {Threei} I'd rather look for short
[13:43] {Threei} these moves turn on a dime, and they already are quite a bit off the lows
[13:44] {Threei} here comes QID intro .50
[13:44] {dino} spwr l .32 sm wide
[13:45] {bruce} gpro spke dino
[13:46] {dino} y bummer
[13:47] {magoo} ike 51.20 long?
[13:47] {Threei} that would be ideal scenario
[13:48] {bruce} don't think there was any way to anticipate it dino
[13:49] {bruce} your exit was good - it made big drop before that spike
[13:51] {dino} yeah, i know was waiting at 50.50 for it
[13:53] {bruce} would have been grat second entry if it went that far
[13:54] {Threei} feels like one more spike in order before reversal back down
[13:55] {magoo} u got thge ball vad..make the call
[13:56] {Threei} short QID for a little scalp on first sign of NQ strength
[13:57] {Threei} wait with long till one more relenteless squeeze
[13:59] {lumdus} common yhoo i am waiting already 3 hours. damm !
[13:59] {lumdus} stop on yhoo 29.64
[14:02] {lumdus} l adm 43.92 stop 43.80
[14:03] {magoo} looks like rolling now..but could be fake
[14:03] {Threei} seems a bit too early to roll... hasn't killed all premature shorters yet
[14:16] {Threei} in hidnsight going long off .40 would have worked...
[14:16] {Threei} I need hindsight broker
[14:16] {lumdus} yhoo stop 29.61
[14:16] {Chaeron} they're pricey
[14:17] {lumdus} out adm - .13
[14:18] {curtisweese} now is it time to buy or is the market going to keep dropping now... grrrr
[14:21] * Threei slaps Laserdave1 around a bit with a large trout
[14:21] * Chaeron slaps Laserdave1 around a bit with a large trout
[14:22] {Threei} where is that "Buy based on tomorrow's WSJ" button I requested years ago?
[14:24] {magoo} u need the oms module vad
[14:27] {bruce} asia dino
[14:30] {dino} wmar
[14:30] {dino} asia
[14:32] {lumdus} short rimm 93.97 stop 94.24
[14:33] {lumdus} stop on rimm 94.19
[14:34] {lumdus} stop on rimm 94.13 mabye some damm follow thru today who knos
[14:37] {lumdus} common rimm . you know how to die
[14:37] {lumdus} stop on rimm 94.03
[14:38] {dino} out spwr .42, +.10
[14:38] {bruce} pcln finally losing steam dino?
[14:40] {dino} dk at hod
[14:41] {lumdus} rimm crap.. should have grabbed it
[14:47] {dino} gpro oh mannnnn
[14:48] {bruce} gpro starting to look overbought dino
[14:50] {dino} was 55-56 yesterday
[14:50] {bruce} yers - just thinking of this price spike
[14:51] {dino} i was too until i pulled 5 day
[14:51] {bruce} short asia here dino?
[14:52] {dino} feels pretty strong bruce, if mkt turns up it may rock
[14:53] {dino} altho break of .00, w/stop hod
[14:54] {bruce} s asia 12.10
[14:55] {dino} nice entry
[14:55] {Threei} PRST SEC ISSUES FORMAL INVESTIGATIVE ORDER
[14:55] {bruce} exited asia - quick scalp +.20
[14:56] {Threei} nice one bruce
[14:56] {dino} wtg
[14:56] {bruce} thanx vad- probably out too early
[14:57] {dino} gpro spikes again
[15:00] {bruce} was thinking of scalp in gpro - short at 55 - didn't quite hit
[15:02] {dino} cpla stop to .13 whooo hoooo
[15:02] {dino} back in 10
[15:02] {magoo} last hour..wake up vad
[15:02] {magoo} find us 2 nice trades
[15:02] {magoo} short..long..i care not
[15:02] {Threei} ASIA deserves another short at .80 break
[15:02] {Threei} seems to have a lot more of downside
[15:03] {bruce} was just thinking that vad
[15:11] {lumdus} slm looking good .break of 22.00 and i am in long
[15:13] {lumdus} in slm 22.01 stop
[15:13] {lumdus} 21.89
[15:13] {dptl} asia 12 stop?
[15:13] {dino} cpla stop to .34
[15:13] {magoo} heres spikaroo vad
[15:13] {Threei} above 12
[15:13] {lumdus} .07 trail stop on slm .. not losing this
[15:14] {magoo} i looking at vads qid long call
[15:14] {dino} out cpla .31, +.27
[15:16] {lumdus} stop on slm 22.08 .. had enough jumping around on me
[15:17] {magoo} HOLY CRASP VAD
[15:17] {magoo} we gonna see .20
[15:17] {Threei} looks like, lol
[15:18] {bruce} s asia .91
[15:18] {magoo} let me know if u go..and price u get
[15:18] {dptl} what are you talking about?
[15:19] {dino} nice
[15:19] {dino} bruce
[15:19] {bruce} out asia .20 again
[15:20] {lumdus} out slm 22.08 + .07
[15:20] {dino} ehth s .02 stop .16
[15:20] {lumdus} today's style is grab the profit as soon you get it. don't wait for the big run.
[15:24] {lumdus} vad, look at bsc chart. I think it sums up the day. wacky !
[15:24] {Threei} well, it had news
[15:24] {Threei} and in overall wacky sector
[15:25] {magoo} its SCALP friday lum..vad and i put it out there before the bell
[15:26] {lumdus} yes, i saw vad and your comments out there. I just didn't listen good enough today.
[15:26] {lumdus} rimm was an easy +.25 and slm +.30 .. but .
[15:27] {lumdus} cmcsa looks interesting
[15:27] {magoo} well then...hear this .....................
[15:27] {magoo} bruce please.
[15:28] {bruce} whats up mags?
[15:28] {magoo} dcc
[15:29] {curtisweese} what is dcc?
[15:30] * bruce slaps lumdus around a bit with a large trout
[15:30] {Threei} SUES ST REGIS MOHAWK TRIBE - FILING
[15:30] {Threei} NYNY
[15:30] {bruce} jus fo0r fun lum
[15:30] {Threei} dunno why I post it
[15:30] {Threei} it's not like we can short the tribe
[15:30] {lumdus} in amzn 72.57 stop 72.37
[15:31] {magoo} rimm short loss .50 vad?
[15:32] {Threei} I have no idea
[15:32] {magoo} qid long vad?
[15:32] * Threei slaps magoo around a bit with a large trout
[15:32] {magoo} ty
[15:32] {Threei} aleways
[15:33] {magoo} ale-ways??as in friday brew?
[15:33] {Threei} gosh... if you guys all start drinking at certain time, how come noone told me
[15:33] {bruce} any read aci here vad - break or fake?
[15:34] {bruce} too - late - broke
[15:34] {Threei} upward is more like it
[15:34] {Threei} it pulls back into new support
[15:34] {Threei} still desrves a try
[15:35] {bruce} and theres the fake
[15:35] {Threei} perfect pullback for an entry with tight stop
[15:36] {magoo} what entry? ACI correct?
[15:36] {Threei} yes, dropped right into 49
[15:36] {magoo} toioo late here?
[15:36] {Threei} gosh
[15:37] {magoo} i kone
[15:37] {bruce} damn - bid 04 and didn't get filled
[15:37] {Threei} 20 cents higher, of course too late
[15:37] {magoo} kone=know
[15:38] {lumdus} stop on amzn 72.46 .. maybe i get a run her.
[15:38] {Threei} out ASIA .58
[15:38] {bruce} nice one vad
[15:39] {lumdus} amzn trail stop .05
[15:40] {lumdus} out amzn 72.75 + .18
[15:40] {lumdus} now watch it run magoo. i know .. it'll go up another 1.00
[15:41] {bruce} probably more lum
[15:41] {bruce} just to spite you
[15:42] {lumdus} yes, the one stock that i scalped and didn't let it run .. will run like hell
[15:42] {magoo} bird in hand lum
[15:44] {bruce} spwr short dino?
[15:47] {magoo} i just can't believe pushing up into long weekend..xcept if its short covering
[15:48] {magoo} qid 51.17 vad
[15:48] {Threei} yup... if you believe in any kind of drop, it's time
[15:49] {dino} ehth stopped -.13
[15:53] {Threei} ah come on market
[15:53] {Threei} no drop into close??
[15:53] {curtisweese} surging into close
[15:55] {lumdus} magoo, you see amzn.. i knew it
[15:56] {magoo} yeah
[15:56] {magoo} ididn't tell u to scalp it lol
[15:58] {magoo} gotta look at it like this lum...u made money..thats always good
[15:59] {lumdus} yeah, you right .+.18 is better then -.18
[16:00] {Threei} the wierdest close
[16:00] {Threei} OK guys, thank you all
[16:00] {Threei} have a good relaxing long weekend
[16:00] {Threei} next week is bull market
[16:00] {Threei} see you all on Tusday
[16:00] {dptl} have a good weekend all
[16:03] {dino} later all
[16:03] {magoo} ty vad
[16:03] {magoo} ty all
[16:03] {bruce} bye all