Session Time: Mon Feb 25 00:00:00 2008
[08:36] {magoo} morning
[08:37] {Threei} Good morning RT
[08:37] {Threei} or whatever part of it managed to wake up
[08:38] {magoo} vd : )
[08:38] {magoo} so friday was bullmkt {at least in eod}
[08:38] {magoo} bear today boss?
[08:38] {Threei} you know what caused Fri explosion right?
[08:40] {magoo} do not remember
[08:41] {Threei} one person, coming on TV and speculating about bond insurers bailout
[08:41] {Threei} and that was what sent markets flying
[08:41] {Threei} believe it or not
[08:41] {Threei} sooo... today someone comes on TV and says no way - imagine what happens hnext
[08:41] {Threei} or rumor comes true
[08:42] {Threei} or some third turn of events comes along
[08:42] {Threei} thus... I am putting my crystal ball back in the sandal box, and just going with immediate developments
[08:44] {cosmo} MRVL (Barrons likes it) pre mkt high = 11.60 so far
[08:45] {magoo} gotcha..this mkt has no committment to either direction
[08:45] {magoo} unless its one committment is to reverse
[08:45] {Threei} and it's bound to change any minute
[08:45] {magoo} seems its been reversing everyday
[08:46] {Threei} I can't imagine what investors are going through when even we daytraders get overwhelmed sometimes by how quickly things change these days
[08:48] {cosmo} its the climate i think
[08:49] {Threei} and its change?
[08:49] {Threei} TASR
[08:49] {Threei} RECEIVES TWO SIGNIFICANT LAW ENFORCEMENT ORDERS
- The first order received was from the San Diego County Sheriff's Department in San Diego, CA, for 291 TASER X26 Electronic Control Devices (ECDs).
[08:49] {Threei} - The second order received was from the Sacramento County Sheriff's Department in Sacramento, CA, for 180 TASER X26 ECDs and related accessories.
[08:49] {Threei} FORMER FED CHAIRMAN GREENSPAN: RECESSION WILL NOT BE SIGNIFICANTLY LONGER THAN THE LAST
- Would not be surprised if this recession is deeper
[08:49] {Threei} - Finance problems marginally affected the economy
[08:49] {Threei} - House prices to continue to fall
[08:50] {Threei} US WEIGHS SANCTIONS ON IRAN'S CENTRAL BANK - WSJ- The Treasury Department is gathering evidence it says shows that the central bank of Iran is helping other Iranian institutions elude US economic sanctions, in what could be a prelude to penalties against the central bank.
[08:54] {cosmo} HOKU gets $25M private placement ...fwiw
[08:55] {cosmo} pre mkt high = 10
[08:58] {dino} gm all
[08:58] {Threei} dino :)
[09:03] {esemde} morning rt's
[09:04] {Threei} ese :)
[09:08] {esemde} Genentech DNA....another cancer cure...breast cancer
[09:09] {Threei} news on Fri after close
[09:09] {cosmo} mrvl 11.50 may test
[09:09] {Threei} two upgrades this morning
[09:11] {cosmo} MRVL needs to hold 11.35 imho
[09:11] {dino} gtxi
[09:13] {dino} ggg nyt to sell
[09:17] {dptl} good morning all
[09:17] {Threei} dp :)
[09:17] {tomg} gm all
[09:19] {Threei} tom, welcome back
[09:19] {tomg} ty vad
[09:21] {magoo} morn tomg
[09:21] {tomg} hi magoo
[09:26] {lumdus} good morning all. Hoping for an easy profitable week.
[09:26] {Threei} lum :)
[09:27] {Threei} here is to easy money
[09:29] {esemde} GTXI prostrate cancer drug
[09:29] {esemde} hmmmmm
[09:32] {_leo1} HI
[09:32] {Threei} leo :)
[09:32] {magoo} morn leo:)
[09:32] {_leo1} hi
[09:36] {Threei} IDMI .51 long
[09:36] {Threei} stop under .40
[09:39] {Threei} NTAP 22.50 long for a scalp if stays above .35
[09:40] {magoo} big naz fall
[09:41] {Threei} NVDA .83 short if stays under 22
[09:43] {magoo} in nvda
[09:43] {Threei} .95 stop for hard core scalpers
[09:43] {Threei} 22.01 otherwise
[09:44] {lumdus} teva look also good
[09:46] {magoo} naz killed it
[09:47] {esemde} bstop NTAP 22.50 1/2 lot
[09:47] {esemde} has to stay above .28
[09:47] {Threei} FED'S KROSZNER: DOES NOT ADDRESS MONETARY POLICY, US ECONOMIC OUTLOOK
[09:48] {Threei} why is he speaking at all then?
[09:48] {lumdus} in teva 49.19
[09:48] {Threei} NVDA stopped
[09:48] {lumdus} long teva 49.19 stop 49.09
[09:48] {esemde} these guys are the goofiest fed ......everybody speaking out of turn...off-handed comments....
[09:51] {lumdus} stop on teva 49.14 (crazy market so far)
[09:51] {bruce} ntap still valid?
[09:51] {magoo} NTAP valid?
[09:51] {bruce} dropped to .30
[09:51] {bruce} youmy echo mags?
[09:51] {Threei} if you don't mind stop under .30, yes
[09:52] {magoo} only mind if it hits it vad
[09:52] {bruce} I echo mags
[09:52] {Threei} volatile one: DPTR
[09:52] {Threei} small shares long .20-.25
[09:52] {Threei} support is 22.90
[09:52] {magoo} DPTR trade like IDMI vad?
[09:53] {magoo} running
[09:56] {Threei} market is kind of waiting for something
[09:57] {cosmo} obl?
[09:57] {cosmo} ...nah
[10:00] {Threei} *JAN EXISTING HOME SALES: 4.89M V 4.80ME
[10:00] {bruce} lcav spike dino
[10:01] {dino} too fast
[10:01] {esemde} L ong .51NTAP
[10:02] {bruce} vrtx - any read vad?
[10:02] {magoo} IDMI gonna fall with mkt vad?
[10:02] {Threei} worth try long bruce if stays above .20
[10:02] {Chaeron} gm all :)
[10:03] {Threei} chaeron :)
[10:03] {Threei} IDMI trades in its own world mags
[10:03] {Threei} and it's a wierd world
[10:03] {lumdus} teva running nicely
[10:04] {Threei} i am keeping NTAP stop at .39
[10:05] {cosmo} mrvl
[10:05] {cosmo} 11.6
[10:07] {dino} sm spwr l .80
[10:07] {Threei} stay patient guys, market is slow to wake up
[10:08] {Threei} (can't blame it, really)
[10:08] {Threei} but something is brewing
[10:08] {lumdus} you wish you could sleep late .. huh
[10:08] {Threei} always
[10:09] {Threei} I don't know what, but this feels like calm before the storm
[10:10] {dino} out spwr 69.86 +1.06
[10:10] {Threei} INSU
[10:11] {Threei} 15 break long half lot
[10:11] {Threei} stop under 14.80
[10:11] {esemde} have been getting that market feeling since about last wed or thurs Vad...
[10:11] {esemde} question is....is it storm up or storm down
[10:11] {magoo} no way to catch 15
[10:11] {Threei} that's a good question
[10:12] {dino} same feeling 3i, somethings' about to give big time
[10:12] {Threei} so let's make bets?
[10:12] {Threei} up or down?
[10:12] {patience} big time down
[10:12] {lumdus} vad, when you get a chance. Can you look at my teva trade. Did i screw up ?
[10:12] {esemde} i feel for some reason it's going to head up.....it just has not been selling down hard like it did in mid january
[10:13] {dino} i'm going contrary, everybody wants down, so i'll take up
[10:13] {esemde} i'm with you dino
[10:14] {Threei} lum, I see your entry
[10:14] {dino} great monds think alike, :)
[10:14] {Threei} what happened next?
[10:14] {dino} minds
[10:14] {magoo} well, i thought up
[10:14] {magoo} so everybody is thinking up
[10:14] {lumdus} i put a stop on 49.17 and triggered vad
[10:14] {Threei} way too tight, IMO
[10:15] {Threei} my trailing would be:
[10:15] {lumdus} ......
[10:15] {lumdus} 49.07 ?
[10:15] {Threei} .09 after it broke .20,
[10:15] {Threei} .15 after it broke .30
[10:15] {lumdus} ok. in short i screwed up. thank you.
[10:15] {lumdus} at now would be .26
[10:16] {Threei} right
[10:16] {Threei} remember our Fri discussion on trailing stops?
[10:16] {Threei} this is good illustration, trail them as chart dictates
[10:16] {Threei} meaning:
[10:16] {Threei} stock formed new range as it moves in your favor,
[10:16] {Threei} broke resistance of that range,
[10:16] {lumdus} vad, this wasn't trailing stop. this was a manual hard stop i put in.
[10:17] {Threei} now you can move stop under support of that reange
[10:17] {Threei} I under stand, but yoyu trailed it the same way
[10:17] {Threei} by arbitrary amount of cents, not by chart logic
[10:18] {lumdus} right .. but don't blame this on the trailing stop. this was a mental crack.
[10:18] {dptl} out ntap+.20 ty
[10:18] {Threei} welcome dp
[10:18] {esemde} out NTAP .72
[10:18] {Threei} yes lum, I realize that
[10:18] {esemde} be back in a while ...have to take vehicle to garage
[10:18] {esemde} seee ya in a bit
[10:18] {Threei} take care ese
[10:19] {Threei} one concern here lum:
[10:19] {Threei} was it accidental mental crack,
[10:19] {Threei} or was it approach that those autotrailing stops instill in your thinking?
[10:19] {Threei} give it a thought when you have time :)
[10:20] {Threei} and keep in mind, thinking causes headache...
[10:20] {Threei} in me at least
[10:20] {Threei} NTAP hit 1:1 nicely guys
[10:20] {Threei} hard to tell whether it has potential for more
[10:21] {Threei} even if you believe so, play it safe and take half
[10:21] {magoo} waiting .77
[10:21] {magoo} may be high
[10:21] {Threei} closest support right now is .64
[10:22] {curtisweese} NVDA buy at 22.38 or so?
[10:22] {Threei} if it can't take .73 and loses .64, holding full position would be questionable trade management
[10:22] {bruce} rimm looks headed for a break
[10:22] {bruce} of previous days high
[10:23] {Threei} curtis, tough read... not sure
[10:24] {curtisweese} heheh...dropping now.....not gonna get there anyway
[10:24] {magoo} still just scalpers mkt
[10:25] {Threei} look at volume last 20-30 minutes
[10:25] {Threei} all but disappeared
[10:27] {curtisweese} In on NVDA at 22.38
[10:28] {magoo} would u remind me that i hate IDMI next time u put it up
[10:28] {Threei} certainly
[10:28] {Threei} if I ever get to call it, it's going to be in the following format:
[10:28] {Threei} IDMI blah blah blah, magoo stay away
[10:29] {Threei} don't torture yourself, you are 3 cents down here, take your lumps and go if it takes too much of your attention
[10:29] {curtisweese} out NVDA +$.10
[10:30] {magoo} OUT .77
[10:30] {Threei} wtg
[10:30] {magoo} TY
[10:30] {magoo} more my type
[10:30] {Threei} I manage this trade differently but hey
[10:30] {Threei} there is more than 1 way to skin a stock
[10:30] {lumdus} in bby 44.73
[10:31] {Threei} my approach is, half out at 1:1, that was .72 for me,
[10:31] {Threei} stop to b/e,
[10:31] {Threei} now that it made new high, stop to .55
[10:32] {Threei} which is just below the support it formed by last pullback
[10:32] {Threei} will report what I do as (and if) it moves if you are interested
[10:39] {magoo} isn't there a new independent NTAPO trade setting up here? looks like 23 magnate
[10:39] {Threei} stop to .59
[10:40] {Threei} sure... just risk is higher
[10:41] {Threei} next spike will take NTAP into 1:2 where I intend to dump 1/4 more
[10:41] {curtisweese} looking at NVDA again if breaks 22.50 ....so .52 or so for me
[10:41] {Threei} and trail stop to .65
[10:44] {dino} fre s .70, stop hod
[10:45] {lumdus} vad, bby 45.59 stop ok ?
[10:45] {Threei} yes sir
[10:45] {lumdus} ok. thanks. i hate watching teva just go without me. kill me
[10:46] {Threei} out 1/4 more NTAP
[10:46] {magoo} see what i meant by magnate?
[10:46] {Threei} .95
[10:46] {Threei} by magnet I guess? :) yes
[10:46] {magoo} lol
[10:47] {Threei} stop to .73
[10:47] {Threei} move is quite significant, time to start tightenting it
[10:48] {bruce} zinc vad - any reade?
[10:48] {Threei} .79 is reasonable stop too here
[10:49] {curtisweese} in on NVDA at 22.51
[10:49] {Threei} a bit too thin bruce
[10:49] {bruce} k vad
[10:49] {Threei} rug pull on this one would cost a lot of slippage
[10:50] {dino} fre stopp .00, -.30
[10:50] {Threei} market looks like preparing to explode to the upside once again, so I am tightening NTAP to .79
[10:50] {Threei} logic is,
[10:50] {magoo} i like NTAP for a short scalp soon
[10:51] {Threei} if market does move up sharply, NTASP better go with it or I don't want to be in anymore,
[10:51] {Threei} and if market fails, NTAP is not likely to hold up there, moved a lot as it is
[10:52] {magoo} also, if mkt starts to fail, RIMM and NVDA short potential
[10:53] {dino} aapl sm l .90
[10:57] {lumdus} stop on bby 44.85
[10:57] {Threei} good trail lum
[10:58] {Threei} NTAP almost 1:3
[10:58] {Threei} out last portion
[10:58] {lumdus} tx vad
[10:58] {Threei} at .09
[10:58] {Threei} happy with the trade, +.21, +.44 and + .58
[10:59] {Threei} unless my math is wrong
[11:00] {lumdus} selling bby 45.08
[11:00] {lumdus} bby + .35
[11:00] {Threei} good trade lum, wtg
[11:00] {lumdus} tx
[11:01] {Threei} managed it just right
[11:01] {tomg} ty ntap vad, out 23.07
[11:01] {Threei} lol... tom comes back with thunder
[11:01] {tomg} :)
[11:01] {Threei} you know it's very rude of you to make such prfoit on your first day after long vacation?
[11:02] {magoo} vad, whats the symbol for NDX?
[11:02] {Threei} and you know what magoo does to people who act like this?
[11:02] {tomg} uh, oh...
[11:02] {Threei} $NDX mags
[11:03] {magoo} ty
[11:04] {dino} aapl stopped -.35
[11:07] {magoo} RIMM Short setup vad?
[11:08] {Threei} hmm
[11:09] {Threei} rather bounce if market doesn't dive
[11:09] {dino} teso s .05 stop .36
[11:10] {Threei} first strength from here, RIMM
[11:11] {Threei} in
[11:11] {Threei} stop .29
[11:12] {Threei} market is still unclear but risk is small
[11:12] {Threei} stopped
[11:12] {bruce} stopped rimm
[11:13] {magoo} i was thinking short way back on loss of 110
[11:13] {Threei} sideline for now, gotta let NQ decide on direction
[11:14] {Threei} 110 was behind at the time of the question...
[11:14] {magoo} was still thinking it
[11:14] {magoo} lol
[11:14] {Threei} just shows you how tough it is to comment in time on fast movers
[11:14] {magoo} true that
[11:15] {magoo} long RIMM now
[11:15] {magoo} in .37
[11:18] {Threei} wow TTWO
[11:18] {Threei} I don't see fresh news
[11:18] {magoo} on CNBC'
[11:18] {Threei} ah
[11:18] {dino} takeover offer at 25
[11:18] {bruce} erts offered to buy it out
[11:18] {Threei} 26 I think
[11:19] {magoo} stopped RIMM
[11:19] {esemde} I'm back.......TTWO I'll say......what was the news
[11:19] {dino} massive short squeeze, something like 40%
[11:19] {Threei} 02/24/08 03:26pm [TTWO] ERTS reveals a hostile $26.00/shr cash offer for TTWO in a $2B deal; TTWO has rejected the offer until at least the 4/30
[11:29] {bruce} out sigm +.41
[11:29] {Threei} wtg
[11:30] {dptl} glbl?
[11:30] {lumdus} nice bruce
[11:30] {bruce} thanx lum
[11:30] {bruce} lucky
[11:30] {bruce} thanx vad
[11:31] {Threei} GLBL chart is right... I am just hesitant about taking position here, market is very indecisive
[11:31] {dptl} ok
[11:35] {dino} teso stopped -.30
[11:40] {Threei} AAPL short with stop above .30
[11:40] {Threei} hard to nail exact entry
[11:41] {Threei} kind of "see if you can read it"
[11:41] {Threei} down quickly... don't chase that far
[11:41] {Threei} see if can get a bounce or new consolidation
[11:45] {bruce} stopped aapl
[11:50] {Threei} NTAP exit was just right so far
[11:50] {Threei} 4 cents under day high
[11:50] {Threei} keeping an eye on it still, maybe forms something
[11:51] {Threei} short off 23 resistance is one idea
[11:57] {Threei} ANY ABK DEAL WOULD LIKELY BE EARLY NEXT WEEK
[11:57] {Threei} reminder, ABK rumor was what started huge rally on Fri
[11:59] {magoo} are u short aapl?
[11:59] {Threei} I am flat
[11:59] {bruce} watching trma for weakness dino
[12:00] {Chaeron} I'm bald and fat
[12:05] {bruce} not me chaeron
[12:05] {bruce} just old and ugly
[12:06] {magoo} drunk and stupid here
[12:06] {Threei} aren't we attractive bunch
[12:06] {bruce} any read zolt vad?
[12:06] {Threei} ugh
[12:07] {Threei} twice I looked at it, twice kept myself from it, and twice was wrong
[12:07] {Threei} at 24, then at 24.5
[12:07] {Threei} I would really prefer a pullback on it rather than break
[12:08] {bruce} k
[12:14] {Threei} and what do you know... third break and no sign of pullback
[12:16] {Threei} now there is some
[12:16] {Threei} 25 is nearest support
[12:16] {Threei} if losing it, .75 next
[12:16] {bruce} I'm thinking possible short vad
[12:17] {Threei} considering weakening market, valid
[12:18] {Threei} it's just that again, I wouldn't want to chase it down
[12:18] {Threei} this drop we are seeing came with no indication of entry
[12:18] {bruce} agreed - wold like it to form second lower top
[12:18] {Threei} yes, or consolidation and breakdown
[12:29] {bruce} erts long on .30 break vad?
[12:30] {Threei} with .15 stop
[12:30] {Threei} most likely scalp only
[12:31] {Threei} it has downtrending look still, need more confirmation of reversal
[12:31] {Threei} .16 is actually still short trigger if stayys under .30
[12:35] {dino} grmn l sm .20
[12:37] * Threei slaps Laserdave1 around a bit with a large trout
[12:37] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:37] * magoo slaps Laserdave1 around a bit with a large trout
[12:37] {Threei} we are obviously very welcoming bunch too
[12:38] {Laserdave1} nice to see you guys as well
[12:38] {Laserdave1} hope weekend was good
[12:39] {Threei} ZOLT forms that double top bruce
[12:39] {Threei} 25 breakdown becomes short trigger if stays under first high
[12:40] {bruce} yep - just noticed that vad
[12:40] {Threei} actual stop will be defined by the high if this bounce
[12:40] {Threei} so far it's .25
[12:41] {bruce} prefer to see .22 hold for this top
[12:41] {bruce} got you - already hit .25
[12:45] {Threei} I don't like how ERTS sits here
[12:45] {Threei} if this NQ upward spike doesn't move it soon, it's still a short
[12:46] {bruce} s zolt .14 - stop .30
[12:47] {Threei} market spikes
[12:47] {Threei} if ZOLT can't use this spike, will be a good short
[12:51] {bruce} yes - enterd too early
[12:51] {Threei} not necessary
[12:51] {Threei} a bit aggressive but who said it's bad thing
[12:52] {bruce} market spiked right after entry
[12:52] {dino} spwr l sm .20
[12:52] {magoo} any rerad RIMM vad?like it long
[12:53] {Threei} sorry mags, no read
[12:53] {magoo} aapl?
[12:53] {Threei} 108 break was more or less decent trigger on RIMM
[12:53] {Threei} here, no
[12:53] {Threei} AAPL chart is even less readable
[12:54] {Chaeron} so nap time?
[12:54] {Threei} ERTS is trying
[12:55] {Threei} 1:1's reached
[12:58] {Threei} moves a bit higher but I preferto take scalp
[13:02] {bruce} stopped zolt -.16
[13:05] {bruce} vad - rimm as possible long near here?
[13:06] {Threei} with stop under .50
[13:06] {Threei} it's very much NQ-dependent
[13:06] {Threei} market will make or break this trade
[13:06] {esemde} Vad ddc please
[13:07] {bruce} missed it - was thinking .80break and notgoing to chase
[13:08] {magoo} l rimm .86
[13:11] {esemde} I'm otta here everyone....have a great rest of the day
[13:11] {magoo} bye ES
[13:11] {esemde} see ya magoo
[13:12] {Threei} take care ese
[13:12] {bruce} l rimm .75
[13:15] {Threei} market is swamp right now
[13:17] {bruce} stopped rimm -.26
[13:17] {magoo} stopped rimm{again}
[13:18] {Threei} don't push it guys... sideline time
[13:18] {Threei} 5 points range
[13:21] {Threei} if a 50/50 trade with 6 cents stop is to your liking, short NVDA with .21 stop
[13:22] {Threei} downticked fast from .15 which I had in mind
[13:29] {bruce} rimm bounce at 108 vad?
[13:30] {Threei} can't tell bruce... market breaks down more so does RIMM
[13:30] {bruce} k
[13:31] {Threei} NVDA worked for a little scalp
[13:35] {Threei} pains me to say but... GRMN is short if losing .60
[13:35] {Threei} half lot .58 trigger
[13:36] {dino} grmn stopped
[13:36] {Threei} stop .75
[13:38] {magoo} target GRMN?
[13:39] {Threei} stop to .71, the rest is in NQ hands
[13:39] {Threei} not clear if it's breakdown for NQ or bounce off double bottom
[13:39] {Threei} feels like breakdown is more likely
[13:41] {Threei} NQ says yeah right
[13:43] {Threei} 1:1
[13:44] {Threei} I am out, can't get a read
[13:45] {Threei} RIMM bounce is not very impressive
[13:45] {Threei} looking to short .50 if market reverses down
[13:46] {magoo} grmn not with naz vad
[13:46] {magoo} weaker
[13:46] {Threei} nope, lost connection
[13:47] {Threei} RIMM is a bit too far from .50 support now for comfortable shorting on breakdown
[13:48] {Threei} if NQ drops, aggressive entry will be better idea
[13:48] {Threei} 108 is nearest resistance for stop/invalidating level
[13:48] {Threei} you still holding GRMN mags?
[13:49] {magoo} noi
[13:49] {magoo} out w/u
[13:49] {Threei} OK
[13:53] {Threei} psycho market again
[13:53] {Threei} another talking head on CNBC said something or what
[13:55] {dino} cat sm l .15
[13:55] {dino} oih rocking, brings market up
[13:56] {Threei} where are good old times of common sense when oil oing higher meant market going lower asnd visa versa
[13:56] {dino} long gone
[13:56] {Threei} sigh
[13:57] {bruce} tough trading for me lately - lots of stops
[13:57] {bruce} taking doggy walk break
[13:58] {dino} same here bruce
[13:58] {lumdus} in wye 42.20
[13:59] {Threei} NVDA long for a scalp here
[13:59] {Threei} with stop under 22
[14:01] {lumdus} bruce, better days ahead ..
[14:08] {Threei} NQ spike would be what is least expected here
[14:08] {Threei} considering market's unique ability to do the most unexpected things lately...
[14:08] {Threei} let's see if it does just that
[14:09] {lumdus} all you need to do, is put on the crazy hat and you make good in this market.
[14:09] {Threei} almost 3 points in single breath
[14:11] {Threei} how about that?
[14:11] {lumdus} out wye -.13
[14:11] {magoo} nbvda hasn't bujged
[14:12] {Threei} it will
[14:12] {Threei} unless it won't
[14:12] {lumdus} rimm about to fall
[14:13] * Threei kicks NQ in the rear with heavy duty army boots, steeltoes, reinforced et all
[14:14] {Threei} violence works
[14:14] {magoo} nicer kick
[14:14] {Threei} look at that
[14:15] {Threei} [14:09] {lumdus} all you need to do, is put on the crazy hat and you make good in this market.
[14:15] {Threei} exactly what I did, and look how flawlessly it worked
[14:17] {lumdus} yup, that's the way it works these day.
[14:17] {lumdus} i think we break .20 and move 1 big huge spike
[14:23] {Threei} NVDA stop to .04
[14:23] {magoo} target NVDA exit?
[14:23] {Threei} won't me to sounds honest or analyutical?
[14:23] {Threei} won't = want
[14:24] {magoo} not looking to good
[14:24] {Threei} honest version: I've no idea
[14:24] {Threei} you see how this market is
[14:25] {Threei} any questions?
[14:25] {Threei} craziness multuplied by craziness
[14:25] {magoo} compounded by insanity
[14:25] {Threei} S&P AAA FINANICAL STRENGHT RATING TAKEN OFF WATCH; AFFIRMS ABK RATING
[14:26] {Threei} I am out
[14:26] {Chaeron} nice
[14:26] {Threei} .28
[14:26] {Chaeron} what timeing :)
[14:26] {Chaeron} timing too
[14:26] {magoo} out here .34 TY boss
[14:27] {Threei} "If I were market, what should I do to hurt as many players as possible"
[14:27] {Threei} welcome guys
[14:27] {dino} out cat .60, +.45
[14:28] {lumdus} out .33 tx boss
[14:29] {magoo} isn't scenerio too much like friday?
[14:29] {Threei} yes mags, with one difference
[14:29] {lumdus} wye taking a run with everything else
[14:29] {Threei} fridfay was cnbc talking head discussing rumor
[14:30] {Threei} this news is actual news, FWIW
[14:30] {Threei} [14:08] {Threei} NQ spike would be what is least expected here
[14:30] {Threei} [14:08] {Threei} considering market's unique ability to do the most unexpected things lately...
[14:30] {Threei} [14:08] {Threei} let's see if it does just that
[14:30] {Threei} can I go home?
[14:30] {Chaeron} you are home
[14:31] {lumdus} no, you get punhished badly. we should have stayed in for another .50 at least.
[14:31] {Threei} look at MBI and ABK
[14:31] {Chaeron} sitting there in your pj's and fuzzy bearclaw slippers
[14:31] {Threei} where is that camera chaeron secretly installed in my office...
[14:34] {lumdus} wow - what a trun that was for nvda. hmm, mabye no punishmed for vead
[14:36] {dino} sell the rips, s sm petd .47
[14:36] {lumdus} in twm 80.65
[14:36] {Threei} I can't overstress my distrust for this market enough lum...
[14:36] {Threei} I got 1:2 on a stock that sat and tortured me for 10 min, I won't take any chances
[14:36] {lumdus} out .95
[14:36] {Threei} expecially when it happens on such sharp spike
[14:36] {lumdus} +.30
[14:36] {Threei} gj
[14:37] {lumdus} tough to get thos. that's what i like quick and easy
[14:39] {lumdus} rimm looks like bounce comming
[14:40] {bruce} back
[14:40] {Threei} oh boy
[14:40] {Threei} bruce... your timing... :(
[14:40] {bruce} ezpect you folks probalby just had about 8 winning trades in row
[14:41] {Threei} one but sheesh... you left 1 minute before it was called and returned just when it was over
[14:41] {bruce} sheesh
[14:41] {bruce} no surprise though
[14:41] {Threei} this is freaky
[14:41] {Threei} scroll up...
[14:43] {dino} cov petd .07 +.40
[14:43] {bruce} sigh
[14:43] {lumdus} bruce, maybe leave for another few minutes and we make some $$ then you come back :)
[14:44] {lumdus} ok, if i was a jerk, i would buy rimm now... so -
[14:45] {dino} what a whip
[14:45] {lumdus} long rimm 107.22
[14:45] {lumdus} stop 107.07
[14:45] {bruce} sorry lum - just not that considerate
[14:45] {lumdus} stop on rimm 107.24 b/e
[14:46] {lumdus} vad, should i keep stop at .10 ?
[14:46] {lumdus} i guess, so ..
[14:47] {Threei} I don't have any read here lum, sorry
[14:48] {lumdus} that's why i went long. because i don't have a read ..
[14:48] {Threei} this is chart drawn by the pen tied up to the tail of drunken mule that is getting needled with sharp knife
[14:49] {lumdus} i need to step a way a second.. watch it for me.
[14:53] {Chaeron} }:
[14:53] {lumdus} ok, i am back..
[14:53] {lumdus} missed the damm spike
[14:54] {lumdus} out rimm .48 + .26
[14:55] {lumdus} days like today are my best. because i just act like a jerk
[14:57] {bruce} I'm going to resist replying to that lum
[14:58] {lumdus} i don't see any other way to play this market. so far it's worked. looking for next target
[14:58] {Threei} COIN rallied
[14:59] {dino} luck lum. use it while it lasts
[15:00] {lumdus} short sds 61.85 stop 62.03
[15:00] {dino} out spwr .80, +.60
[15:00] {lumdus} dino, exactly. while it lasts.
[15:01] {lumdus} sds die hard now. !!
[15:01] {dino} no disrespect, luck plays a part imo
[15:02] {dino} back in 10
[15:02] {lumdus} out sds .62
[15:03] {lumdus} +.23
[15:04] {bruce} zolt may be worth another try short here
[15:06] {Threei} COIN .20 is very risky long
[15:06] {lumdus} watching mdt for long
[15:10] {dino} thinking the same bruce
[15:10] {lumdus} in mdt long 49.48
[15:10] {dino} i can't get it
[15:12] {lumdus} stop on mdt 49.39
[15:12] {lumdus} dino, what can't you get ?
[15:12] {dino} fcsx
[15:13] {dino} zolt i couldn't get
[15:13] {lumdus} why can't you get it .. ?
[15:14] {dino} no shares at stsmartpro
[15:14] {magoo} u short ZOLT bruce?
[15:14] {lumdus} out mdt -.10 .. luck ran out
[15:20] {lumdus} schw about to run ?
[15:20] {lumdus} looks like some momo there. .. let me think about this
[15:21] {lumdus} in .52
[15:21] {Threei} ABK new wave of strength
[15:21] {Threei} .35 long if stays above .15
[15:21] {Threei} half lot
[15:22] {Chaeron} shucks
[15:23] {dino} fcsx s .91
[15:24] {Threei} .50 break needed to fuel another spike
[15:25] {lumdus} schw needs to beat abk .. let's go
[15:25] {Threei} 1:1
[15:27] {Threei} +.30
[15:27] {Threei} me out
[15:27] {Threei} maybe goes higher, I care not
[15:27] {Chaeron} beauty
[15:27] {magoo} me too .73 TY
[15:27] {Threei} umm... +.40
[15:27] {Threei} welcome
[15:27] {lumdus} gosh abk was 6.00 last month. how th heck did it go all the way here.
[15:28] {bruce} not in zolt mags - still aqtching it
[15:28] {Threei} hey, it was 70 just in Novemeber... you don't ask how the heck did it get to 6?? :)
[15:29] {Chaeron} naaaaa he was short
[15:29] {Threei} ahhh
[15:31] {Threei} IMF"S STRAUSS-KAHN: EXPECTS 'SLIGHT DECREASE" IN OIL PRICE, TO AVERAGE UNDER $100/BBL IN 2008, SEES DOWNSIDE RISK TO IMF'S 4.1% WORLD GROWTH FORECAST MAINLY DUE TO NEW SUBPRIME LOSSES
- Notes if there are no new subprime disclosures, may be 'good surprise' on 2008 growth
[15:31] {Threei} - Says no decoupling of emerging markets
[15:32] {Threei} FED'S MISHKIN: MODEL SHOWS BETTER TO RESPOND TO CORE INFLATION; INFLATION ABOVE RECENT YEARS WOULD BE HARMFUL- big rate hikes are not needed to halt inflation after supply shock if expectations are anchored
[15:34] {Threei} EBAY
[15:34] {Threei} UPDATE: JP MORGAN MAKES POSITIVE COMMENTS THIS AFTERNOON- says Q1 listings tracking at +11% y/y
[15:34] {Threei} 28 break maybe
[15:35] {Threei} in
[15:35] {Threei} ridiculously tight stop
[15:35] {lumdus} ebay .. that's dating yourself there.
[15:35] {Threei} .93
[15:35] {lumdus} schw working like a charpm
[15:36] {lumdus} out schw .62 + .10
[15:37] {lumdus} have a nice evenning. very good day. hopefully back on track
[15:37] {Threei} COIN
[15:37] {Threei} takle care lum, good job
[15:39] {bruce} bye lum
[15:39] {dino} gj lum
[15:40] {Threei} EBAY 1:1 for hard core scalpers
[15:41] {patience} nice call for the market today dino and ese
[15:45] {dino} mini s .84 stop .06
[15:47] {dino} too bad i didn't trade it better, the mornings are hurting me
[15:50] {bruce} the trading days are hurting me dino
[15:52] {tomg} vad, i've still got small shares INSU
[15:53] {tomg} ok to hold overnight, you think?
[15:53] {Threei} hmmm
[15:53] {Threei} no idea tom
[15:53] {Threei} overnight is overnight
[15:53] {tomg} ok, ty
[15:54] {Threei} chart looks good
[15:55] {Threei} how much you can trust charts in this supervolatile market is a whole other matter
[15:55] {Threei} although INSU doesn't seem to have much to do with market \
[15:55] {tomg} just have 100sh
[15:55] {Threei} then just hold it and see what happens
[15:56] {Threei} you are long from where?
[15:56] {dino} cov mini .54, +.30
[15:56] {tomg} 15.08
[15:56] {Threei} solid buffer
[15:57] {tomg} think I'll hold it then
[15:57] {Threei} I would
[15:57] {tomg} ok, thanks
[15:57] {Threei} big position with potential to hurt, no
[15:57] {Threei} 100 shares is sleeping level :)
[15:57] {tomg} yep :)
[15:57] {Threei} Ok guys, thank you all
[15:58] {Threei} good day actually
[15:58] {Threei} have a great evening, see you tomorrow
[15:59] {dptl} have a good evening all
[15:59] {dino} fcsx stopped .00 -.09
[16:10] {bruce} night all
Monday, February 25, 2008
Friday, February 22, 2008
Feb 22 2008
[08:42] {Threei} FRPT ANNOUNCES $115M IN NEW FOREIGN ORDERS FOR COUGAR MASTIFF
- Received an order for an additional 174 Cougar Mastiff vehicles, vehicle spare parts, and field support for the UK Ministry of Defense.
[08:42] {Threei} - scheduled for completion by December 2008, with spare parts and field support coverage continuing through mid 2009.
[08:43] {Threei} this stock is neverending story of news propping it up, then decline as if all the positive effect disappears in thin air
[08:44] {cosmo} so.. they breed a dog/cat hybread?
[08:45] {Threei} no idea, I am not good at botany
[08:45] {Threei} here goes bruce telling me that botany is plants, not animals... as if there is any difference
[08:46] {cosmo} hmmm
[08:47] {cosmo} i dunno .. a couger/mastiff combination could be very effective protection...
[08:49] {cosmo} FRPT pre mkt high = 5.11 so far
[08:51] {magoo} morning
[08:51] {Threei} magoo... look what an unexpected gift we have this morning
[08:51] * Threei slaps Laserdave1 around a bit with a large trout
[08:53] * magoo slaps Laserdave1 around a bit with a large trout
[08:56] {cosmo} UNFI: United Natural Q2 profit falls; cuts FY08 EPS outlook
[08:56] {cosmo} at Reuters (Thu 6:33pm)
[08:58] {cosmo} 18.10 pre mkt high fwiw
[09:01] {bruce} sure cosmo - but a turnip mastiff combinaton?
[09:04] {Threei} or german badger-dog with suitcase
[09:06] {bruce} is that carry on protection vad?
[09:06] {Threei} no, just must look funny
[09:06] {Threei} which is an asset in and of itself in my eyes
[09:09] {esemde} good morning ladies and gentlemen of the jury.......
[09:10] {dptl} good morning all
[09:10] {bruce} for truly funny why not a parakeet / llahma cross?
[09:10] {Threei} ese, dp :)
[09:10] {bruce} now you have a bird with a big nose that spits
[09:10] {Threei} and is furry
[09:10] {Threei} I like it
[09:10] {dino} gm all
[09:10] {Threei} dino :)
[09:11] {bruce} speak of the devil - morning dino
[09:12] {dino} hmmmmm...and the devil shall appear
[09:12] {bruce} not much shakin this morning
[09:12] {bruce} cbey is down big though
[09:16] {magoo} last night bruce
[09:17] {magoo} keep in mind vad shorts today, and RIMM up pretty good if mkt goes
[09:17] {Threei} shorts? according to recent calendar, today is bull market
[09:18] {Threei} ese, look dcc please
[09:19] {dino} unfi bit of blood
[09:19] {bruce} is that from the farmers almanac vad?
[09:20] {Threei} no idea but someone somewhere obviously signed a decree that up and down days must alternate
[09:21] {bruce} got you- well that makes it easy for us then
[09:21] {Threei} yup... alliswellinlalaland one day, theskyisfalling another
[09:22] {bruce} sure - but you can get a new roof on your house from the insurance coverage on that satelite debris
[09:23] {Threei} not if I am in the house when it hits
[09:24] {Threei} which reminds me, gotta update kids info on my life insurance :)
[09:25] {lumdus} good morning all. snowing heavily in nyc
[09:25] {dino} depends on opening gap, up, end down, down end up
[09:25] {Threei} hi lum, really?
[09:25] {Threei} true dino, that's the pattern that shoqwn pretty consistently lately
[09:26] {lumdus} vad, just kidding ..
[09:27] {esemde} lum ...you from NY....I love New York!
[09:27] {lumdus} i love ny as long as i find parking
[09:27] * Threei cancels mailing skies and snow shovel to lumdus
[09:28] {_leo1} hi
[09:28] {Threei} I wanted to say I love NY but then realized that I love Manhattan
[09:28] {Threei} hi leo
[09:28] {esemde} leo
[09:28] {Threei} ese, dcc please
[09:29] {dino} lum, a yankee?
[09:29] {lumdus} yes
[09:29] {dino} onhly about 2 1/2 hours from you
[09:33] {Threei} GRMN .50 long small if holding above .30
[09:34] {Threei} still valid
[09:35] {bruce} missed it - popped
[09:35] {lumdus} hoh shoot no way with that.
[09:35] {dptl} got .54
[09:35] {Threei} no... unless entered aggressively unattainable
[09:35] {Threei} wow
[09:36] {Threei} dpt proved us wrong
[09:36] {Threei} take profit
[09:36] {bruce} congrats dp
[09:36] {dptl} out +.40 ty
[09:36] {Threei} wtg
[09:39] {bruce} you want to try grmn as pullback vad?
[09:39] {Threei} wait
[09:39] {Threei} RIMM is not dropping with NQ
[09:39] {Threei} 106.15 long
[09:39] {Threei} stop under .90
[09:40] {dino} gj dp
[09:40] {Threei} out .70
[09:40] {Threei} +.53
[09:40] {dptl} thx Dino
[09:41] {Threei} anyone caught it?
[09:41] {Threei} see big red bar 9:39 NASDAQ?
[09:41] {lumdus} s wb 32.94 stop 33.03
[09:41] {Threei} and barely couple downticks RIMM
[09:41] {bruce} too late for me vad - paased trigger when I pulled it up
[09:41] {Threei} dead giveaway
[09:42] {Threei} was available just couple cents higher for a few bruce
[09:42] {Threei} I got .18
[09:42] {dino} bby s .85, stop .17
[09:45] {bruce} cbey continues down - out +.20 quick scalp
[09:46] {dino} cov bby .61, +.24
[09:47] {Threei} keep an eye on RIMM guys, relative strength on it is remarkable
[09:47] {Threei} NQ makes new lows, RIMM retreats 20 cents
[09:47] {Threei} NQ barely bounces, RIMM makes new highs
[09:47] {bruce} I'm slow this morning dino- was looking for a stock with symbol bbys
[09:48] {Threei} any help by market, it will bust through 107 like knife
[09:48] {Threei} there
[09:48] {dino} :)
[09:48] {dino} sigm?
[09:49] {magoo} just caugty rimm
[09:49] {magoo} .70 to .09
[09:49] {magoo} to fast
[09:49] {magoo} to pout in here
[09:49] {bruce} nice mags
[09:49] {dino} why pout?
[09:50] {dino} l sigm .70
[09:50] {Threei} hopw do you like this on SIGM:
[09:50] {bruce} great exit mags - you caught exact top
[09:50] {Threei} 02/19/08 01:15am [SIGM] Baird Cuts SIGM to Neutral from Outperform, price target: $50.00
[09:52] {Threei} what's so great bruce, he sold 3 cents under high... pretty pitiful performance
[09:52] * Threei is hiding under the nearest rock
[09:52] {magoo} thats why i am poutting
[09:52] {Threei} lol
[09:52] {magoo} really fast..vad said watch it
[09:52] {magoo} i watched
[09:53] {magoo} hoit-layourt lucky
[09:53] {Threei} see, thing with stocks like RIMM
[09:53] {bruce} intu on radar dino - want to see it drop more
[09:53] {magoo} sigh..spelling
[09:53] {dino} sigm stopped -.40
[09:53] {Threei} sometimes they give you time to alert of setup coming
[09:53] {Threei} and sometimes things happen so quickly that there is no way I could type it in time,
[09:53] {Threei} so what I opt to do is
[09:54] {Threei} alert when I can
[09:54] {Threei} and give general outlook on how to play it
[09:54] {Threei} so those of you who can read and catch it could act on your own, without delay caused by my typing
[09:55] {Threei} understandably, it's not a stock for everyone
[09:55] {magoo} u like it for bounce here?
[09:55] {Threei} has quite a personality
[09:55] {Threei} sure - if NQ bounces
[09:56] {Threei} .30 is nearest support
[09:56] {Threei} not anymore
[09:56] {magoo} grmn might be short if naz retreats vad
[09:57] {Threei} I am not sure they have much correlation
[09:57] {magoo} yeah, not in chart
[09:58] {bruce} with rimm you look for a small consolidation vad - 20 c or so - then break to one side with nq also moving that way?
[09:58] {Threei} one correction bruce
[09:59] {Threei} on a day like today I will aplly that to long but not to short
[09:59] {Threei} meaning I will go with this setup on a long side, and will remain on a sideline on shoert side
[09:59] {bruce} k- cause strngth seems long for it?
[09:59] {bruce} got you
[09:59] {Threei} with such relative strength as RIMM shows short is just very labored money
[09:59] {bruce} idea is to keep small stops
[09:59] {Threei} path of least resistance is up
[10:00] {Threei} and I like easy money
[10:00] {bruce} and ready to exit on first sign of slowing on it looks like from wqtching you trade it
[10:00] {dino} bby s .94 stop hod
[10:00] {Threei} well... that's my approach since I am as risk adverse as we human beings get
[10:01] {Threei} someone with more tolerance would probably keep part for a multipoint run
[10:01] {lumdus} in ccu 31.68 stop 31.49
[10:02] {bruce} a lot of 1 min candles in it are over 60c
[10:02] {bruce} so tough to keep 20 c stops init
[10:03] {Threei} thin stock always requires some padding
[10:03] {bruce} its not thin - just real fast
[10:04] {Threei} GRMN formed quite pronounced support at 63.80
[10:04] {Threei} watching if it holds
[10:04] {Threei} nope
[10:05] {Threei} no play
[10:05] {bruce} I hate grmn - erratic as hell
[10:06] {Threei} that's what we have to play these days, normal stocks just don't move
[10:06] {Threei} keep us prisoners for hours if we venture in them
[10:06] {Threei} and for the most part stop us out eventually
[10:06] {magoo} agree vad
[10:06] {Threei} enter TIVO yesterday
[10:06] {lumdus} yeah, i am just figuring that out now.
[10:06] {Threei} it all goes in cycles
[10:07] {Threei} one day those small safe ones will start moving like their sole purpose in life is to make us as much money as possible
[10:07] {bruce} fwiw - looks like grmn may find support about.50 and bounce there
[10:08] {dino} see, gap up open
[10:08] {Chaeron} gm all
[10:08] {Threei} ch :)'
[10:09] {Chaeron} looks like a littl.e cigar butt hanging there from that smile Vad... a bit early for that no? :)
[10:09] {Threei} lol
[10:10] {Threei} AMZN starts looking interesting
[10:10] {esemde} long VCLM19.09
[10:10] {dino} bby stopped .13, -.19
[10:10] {bruce} thats what I hat4e about grmn - bounced at .50 as suspected - only moved 20c - then moved to stop and continue
[10:10] {bruce} pos
[10:11] {Threei} watching AMZN for breakout of 71.70 - 72 range
[10:12] {bruce} amzn short?
[10:12] {Threei} no
[10:12] {magoo} we are tanking ?
[10:13] {bruce} no just slummin magooski
[10:13] {magoo} amzn looks like rolling over to me {respectfully submitted}
[10:13] {magoo} maybe RIMM bounce vad
[10:13] {dino} dv l .35
[10:14] {bruce} nice entry dino
[10:14] {dino} ty waited forever
[10:14] {dino} sigm?
[10:15] {Threei} looks like short to me dino
[10:15] {magoo} RIMM vad?bounce somewhere?
[10:15] {dino} bite your toung
[10:16] {Threei} I don't have feel for it magoo
[10:17] {magoo} neither do i evidently
[10:17] {esemde} out VCLM .43 +.34
[10:17] {Threei} wtg
[10:17] {esemde} you hooked me on to it a couple of days ago
[10:18] {Chaeron} huge ese...
[10:18] {dino} gj
[10:18] {esemde} been kinda monitoring it
[10:18] {Threei} I have?
[10:18] {Threei} gosh... I don't remember it at all :)
[10:18] {esemde} RRIIGGHHTT....wink wink nudge nudge....
[10:19] {esemde} it's still goin
[10:19] {dino} risky sigm l .50
[10:26] {dino} unfi sm l .20
[10:27] {bruce} imcl looks srtong bvad
[10:28] {dino} out dv .72, +.37
[10:28] {esemde} vlcm....nice move up today ....on an iffy day for sure
[10:29] {bruce} nice dino
[10:31] {bruce} any read cbey vade - looks to me like long potential on break of .50
[10:31] {Threei} I like it bruce
[10:37] {lumdus} short ir 38.57 stop 38.67
[10:42] {Threei} beautiful read CBEY bruce
[10:42] {bruce} thanx vad
[10:42] {dino} nice one bruce
[10:42] {Threei} very clean setup
[10:45] {lumdus} ir - .11 crap
[10:46] {Threei} 1:2 CBEY
[10:47] {bruce} out cbey +.63
[10:47] {Threei} disgusting
[10:47] {Chaeron} nice bruce
[10:47] {Threei} truly disgusting
[10:47] {magoo} nice bruce
[10:47] {Threei} couple more trades like this and noone will come out and play with you
[10:48] {lumdus} very nice bruce
[10:48] {Chaeron} don't listen to Threei,,,, he's just pulling lint out of his navel
[10:48] {lumdus} awesome heads up and awesome trade
[10:48] {bruce} thanx vad
[10:48] {Threei} always :)
[10:48] {bruce} I'm worlds second worst trader- but get lucky sometimews
[10:49] * Threei is waiting to see who first takes the bait and asks bruce why second worst
[10:49] {dino} ahhh, luck
[10:50] {bruce} eternal optimism vad
[10:50] {bruce} I'm sure theres a worse one - just havne't met him yet
[10:50] {bruce} hope someone else gotcbey
[10:51] {Threei} my idea of answer to "why second/" would be: "that's how bad I am, can't even be THE worst at this"
[10:51] {bruce} lol
[10:51] {bruce} woulda said that if I'd thought of it
[10:52] {Threei} that's an old joke actually... can't claim authorship
[10:52] {bruce} possible break nvda here
[10:54] {Threei} if golding above .70, break will be valid setup on it
[10:54] {dino} pwrd
[10:56] {Threei} full point CBEY
[10:56] {Chaeron} beauty
[10:56] {dptl} out cbey +.21 on that move got it on pullback ty bruce vad:)
[10:56] {bruce} nvda invalid
[10:56] {Threei} nice dp
[10:57] {bruce} congrats dp
[10:57] {dino} ibkr l .05
[10:58] {magoo} double bottom RIMM setting up vad
[10:58] {Threei} not sujre mags
[10:58] {Threei} it lost lustre
[10:58] {Threei} can break down just the same
[10:59] {esemde} markets calm......
[10:59] {bruce} nice vad - you took full point out of it?
[10:59] {Threei} on CBEY?
[10:59] {Threei} yes
[10:59] {bruce} yes
[10:59] {bruce} wow - cool beans
[10:59] {Threei} not on full position of course, aprtialed along the road
[11:00] {bruce} k - makes sense
[11:02] {bruce} \onxx on break of .50 vad?
[11:03] {esemde} What are the chances the market will finish up today.....
[11:03] {dino} 50/50
[11:03] {esemde} hmmmmmmm
[11:03] {lumdus} in erts 49.27 sto 49.17
[11:03] {Threei} ONXX wierdly narrow today
[11:03] {Threei} not sure it's worth our time and effort
[11:03] {dino} shorts pretty good week, may cover into close
[11:04] {dino} ibkr stop to .30
[11:04] {bruce} k
[11:05] {dino} out slippage +.20
[11:09] {Threei} feels like bounce coming
[11:10] {Threei} or not
[11:10] {dino} ofix
[11:10] {Threei} short a little QID, very tight stop
[11:10] {Threei} .81
[11:11] {Threei} nope
[11:12] {lumdus} vad, talk about stocks not moving .. erts still range no movement.
[11:13] {magoo} u short qid vad?
[11:13] {Threei} stopped mags
[11:13] {lumdus} out erts -.11 crappy day
[11:14] {magoo} RIMM bounce time or is there a better trigger?
[11:14] {magoo} SHIT
[11:14] {magoo} was looking 104
[11:14] {Threei} RIMM yes, bounce but try to get in on pullback
[11:16] {Threei} shakeout QID... whimp I am
[11:16] {Threei} .76 was good entry, overtightened stop
[11:23] {Threei} CBEY worth a try for a scalp here with stop .48
[11:23] {Threei} pure risk based setup
[11:24] {dino} sm risky l ofix .85
[11:26] {magoo} what entry u get CBEY vad?
[11:26] {Threei} .54
[11:26] {magoo} .5488 here
[11:26] {Threei} no worky
[11:26] {magoo} fer
[11:26] {dino} stopped ofix .40-.45
[11:26] {magoo} now how u get out .448
[11:27] {magoo} was a blink
[11:27] {magoo} .48 im mean
[11:27] {Threei} got .43 and .45 on exit
[11:27] {magoo} ok
[11:36] {Threei} AMZN starts looking breaky
[11:36] {Threei} .91 semi-aggressive entry
[11:37] {Threei} if holding above .65
[11:40] {dino} ofix l .42 risky
[11:42] {dino} stopped done w/it
[11:45] {dino} unfi stopped .80 -.40 sm
[11:47] {bruce} sheesh ofix really dumped
[11:48] {dino} ibkr s .75, stop .03
[11:50] {bruce} aapl tanking broke 120
[11:53] {bruce} any thoughts rimmm here vad?
[11:53] {bruce} lloks like long at .50 but stop would be 30c
[11:54] {Threei} can't tell
[11:54] {Threei} things lost rythm
[11:54] {bruce} k
[11:55] {bruce} theres dance lessons for that vad
[11:56] {Threei} hmmm
[11:56] {magoo} bounce aapl vad?
[11:56] {Threei} coin toss mags
[11:56] {bruce} new reality show - dancing w magooski
[11:56] {magoo} what should i calkl then? upo or down
[11:57] {Threei} the sure bet is that coin will not hang in the air
[12:03] {dino} cov ibky .51 +.24
[12:05] {esemde} ITS!!! THE!!! WEEKEND!!!!! have a good one all see ya monday
[12:05] {Threei} take care ese, have a good one
[12:06] {dino} pwrd s .05 stop .27
[12:28] {Chaeron} .
[12:29] {dptl} Dave dcc pls
[12:29] {dino} pwrd bstop to .17, i can't even pick a short
[12:30] {bruce} ofix trying to recover some now dino
[12:31] {Chaeron} - Indices resume a downward trajectory as credit market fears continue to weigh. Major publications continue to point to signs of further deterioration in the functioning a variety of fixed income markets.
[12:31] {Chaeron} The WSJ noted that two indices that track the cost of buying insurance on bonds issued by 125 large companies have doubled since the beginning of the year, a sign that the financial squeeze that began in investments linked to subprime mortgages has spread. A separate article noted that the CMBX Index, which tracks the value of bonds backed by commercial mortgages, suggest rough waters ahead for that industry as well.
[12:32] {Threei} really
[12:32] {Chaeron} nope, not foolin'
[12:34] {dino} maybe bruce, tough one ofix
[12:38] {dino} sigm l .00, stop lod
[12:52] {Threei} yawn
[12:52] {dino} esmk
[12:55] {bruce} taking break
[12:56] {Threei} slacker
[12:56] {Threei} sit here and yawn with us
[13:05] {Threei} WHITE HOUSE: HAS 'NO CONFIDENCE' IRAN'S NUCLEAR PROGRAM IS PEACEFUL UNTIL IT MEETS ITS OBLIGATIONS
[13:07] {dino} like anybody's is strickly peaceful. issue is a joke
[13:07] {Threei} I am strictly peaceful
[13:07] {Threei} especially when my gun is loaded
[13:08] {Threei} and safety's off
[13:08] {Chaeron} lol
[13:09] {magoo} get to work would u lol
[13:10] {Threei} see, magoo ruins my extreme peacefullness
[13:11] {Chaeron} load your gun...
[13:11] {Threei} looking at OPTV with interest
[13:11] {Threei} maybe some slow accumulation starts
[13:20] {dino} ueic
[13:22] {dino} ueic s .54
[13:23] {bruce} back
[13:23] {bruce} you're right vad
[13:23] {bruce} slackers my middle name
[13:24] {Threei} I know, I wanted to claim it and found out it was taken
[13:24] {bruce} would feel guilty if I weren't following your example
[13:29] {Threei} AAPl looks like short on bounce
[13:29] {Threei} as close to 118 as can get
[13:31] {Threei} practically no bounce... .80 was the best it could do
[13:31] {bruce} around 118 w 30 c stop vad?
[13:32] {Threei} it's gone bruce
[13:32] {Threei} no bounce to short into, and too far from there now
[13:32] {Threei} if it does go as high as 118 from here, it's a whole new setup, need to reevaluate
[13:33] {bruce} for now - but may still come back to 118
[13:33] {bruce} k
[13:33] {bruce} thanx
[13:33] {Threei} look at it this way
[13:33] {Threei} it dropped 60 cents,
[13:34] {Threei} if it can gather as much strength as needed to go all the way back, you better look again because it can be a sign of reversal
[13:34] {Threei} don't enter on price alone
[13:34] {Threei} see how it acted to get to that price
[13:35] {bruce} looks to me like its droppingin about1 buck on major breaks
[13:36] {bruce} we might still be able to short here w .70 stop
[13:38] {magoo} aapl .looks like following naz, any thoughts?
[13:39] {Threei} it does mostly but its weaker
[13:39] {Threei} I would play it on short side only
[13:43] {magoo} u reading rimm at all..maybe short
[13:44] {Threei} rather short than long, but there is no clean compelling setup
[13:45] {Threei} I don't want to fire half-baked entries at you, it's a sure way to get unnecessary stops
[13:46] {bruce} k
[13:46] {magoo} are u drinking already on this snowy wintery day?
[13:46] {Threei} snowy?
[13:46] {Threei} wintery?
[13:46] {bruce} half baked pies are no good either
[13:46] {Threei} I don't know what you are talking about
[13:46] {Threei} sun, warmth
[13:47] {bruce} was watching aapl - you didn't think the .43 break was worth a try vad?
[13:47] {bruce} sunny here too
[13:47] {Threei} I just don't like too wide stop bruce
[13:47] {Threei} there is no rsistance close enough for comfort
[13:47] {bruce} we're selling vqcation packages to sunny saskatchewan
[13:47] {bruce} k
[13:48] {magoo} blizzard here in n.e. pa
[13:48] {bruce} I saw range contraction
[13:48] {bruce} but not over very big time frame
[13:48] {Threei} yes and nearest resistance is .70, and not very pronounced
[13:49] {Threei} sorry to hear mags
[13:49] {bruce} k
[13:49] {Threei} I swear, the day I decided to move to Victoria was at par with the day I decided to leave xUSSR
[13:50] {bruce} ah - still pining away for the homeland vad?
[13:50] {Threei} bruce can have whole praries to himself
[13:50] {bruce} lol
[13:50] {bruce} already have it to myself vad
[13:51] {Threei} Praries aka Bruce's Kingdom
[13:51] {bruce} hmmm
[13:51] {bruce} nice ring to that
[13:51] {Threei} homeland... hmmm... I am afraid it would feel much more foreign to me now than any place in USA/Canada :)
[13:51] {bruce} we're surrounded by water here vad
[13:52] {bruce} the pacific and atlantic
[13:52] {bruce} Iremember you saying you liked islands
[13:52] {Threei} yup... pacific only around me
[13:52] {bruce} exactly
[13:53] {bruce} how boring
[13:53] {Threei} AAPL short maybe shapes up...
[13:53] {Threei} .50 resistance
[13:54] {Threei} if can't break it
[13:54] {Threei} hard to find trigger
[13:54] {Threei} weakness from here
[13:54] {Threei} with stop above .50
[13:55] {magoo} prob is naz move up
[13:56] {Threei} yup
[13:58] {bruce} you think crox worth ry shhort here vad? looks good but very volatile one
[13:58] {Threei} it's actaully much more tame than it used to be
[13:59] {bruce} yes - -at least todays chart is
[13:59] {Threei} and yes, looks like good short if market helps
[14:00] {Threei} AAPl worked direction wise but exact entry/stop on it was practically unreadable
[14:02] {bruce} yes - those are tough ones
[14:02] {bruce} big stops if they don't work
[14:02] {bruce} and lots of moving around til they prove themselves
[14:04] {magoo} i like amzn short....any thoughts
[14:04] {lumdus} short rimm 103.55 stop 103.83
[14:04] {dino} ueic stopped -.26
[14:05] {Threei} RIMM and AAPL are better shorts magoo
[14:06] {lumdus} let's hope rimm does it for me.
[14:08] {Threei} come on NASDAQ, rug pull time
[14:08] {Threei} there
[14:09] {lumdus} yeah, go rimm now..
[14:15] {Threei} new low AAPL
[14:15] {Threei} RIMM is still hanging for dear life
[14:16] {lumdus} it got to .82 just 1 penny from my stop.
[14:17] {dino} rimm nice gap around 98
[14:18] {lumdus} our rimm -.30
[14:18] {dino} tson
[14:19] {Threei} unreadable mess
[14:21] {magoo} tson short vad..avail
[14:22] {Threei} I see upgrade by LEH
[14:22] {Threei} anything else on it?
[14:22] {magoo} dunno
[14:22] {Threei} FED'S FISHER: FED MUST BE MINDFUL OF DUAL MANDATE, 'PERVASIVE PESSIMISM' IS INFECTING BUSINESS OUTLOOK - Q-A
[14:23] {Threei} - Says central bank must take care not to stir up inflation, noting Fed is having serious discussion regarding inflation pressures, and see rises in US inflation partly due to higher food and energy costs outside Fed control given most of inflation pressure is globally driven
[14:23] {Threei} - Sees 'economic anemia" for couple of quarters, growth risks could suffer more than expected and rate cuts take at least six months to have influence
[14:23] {Threei} - Says Fed must take care that policy action does not impact economy while preventing economy from slipping into prolonged recession and cannot help but worry about an economy that has become infected
[14:23] {Threei} - Stimulus package will be positive if enacted quickly and could also boost consumer spending while Long-term liabilities are biggest fiscal concern
[14:23] {Threei} - Says 'highly unlikely' Governor nominees to join Fed
[14:23] {Threei} - Notes it is possible for policymaker to dissent without disagreeing with policy direction
[14:23] {Chaeron} 02/21/08 04:04pm [TSON] Trans1 Inc Reports Q4 -$0.07 v -$0.12e, R $5M v $4.5Me
[14:24] {Chaeron} shoot... wrong one... sorry
[14:28] {bruce} bang chaeron
[14:28] {Chaeron} [TSON] Trans1 Inc Lehman Raised TSON to Overweight from Equal Weight
[14:28] {Chaeron} 02/21/08 04:04pm [TSON] Trans1 Inc Reports Q4 -$0.07 v -$0.12e, R $5M v $4.5Me
[14:28] {Chaeron} dang pc was frozen too
[14:28] {Threei} lol
[14:35] {lumdus} short dis 31.87
[14:38] {bruce} major support on dailys for dis lum at those levels - hope it works for you
[14:39] {bruce} ueic now dino
[14:40] {bruce} s ueic .89
[14:44] {dino} 22.89?
[14:44] {dino} 21.89}?
[14:45] {bruce} sorry - 21.89
[14:45] {bruce} wishful thinking my part
[14:51] {bruce} exited -12 c
[14:52] {Threei} let's see if last hour brings anything readable... quite useless afternoon so far
[14:53] {bruce} nic4e recovery in ofix dino - watched it but couldn't decide on an entry attempt
[14:53] {dino} phlyu
[14:54] {Threei} RIMM .20 long if stays above 104
[14:55] {Threei} target closer to .50
[14:57] {bruce} thanx vad - nice to have actual target for rimm trade
[14:58] {Chaeron} .
[14:59] {magoo} valid?
[15:00] {magoo} was out robbing bank
[15:00] {Threei} yes
[15:00] {magoo} in
[15:05] {Threei} official record:
[15:05] {Threei} this is first time in my life I fell asleep while trading RIMM
[15:05] {bruce} lol vad
[15:06] {Threei} tells you everything you need to know about today
[15:07] {magoo} not only that.one breif chance to hit .35 and down
[15:08] {magoo} can't make anything on half lot
[15:08] {lumdus} l tev 48.40
[15:08] {lumdus} teva
[15:10] {magoo} christ
[15:10] {magoo} now a loss
[15:10] {magoo} i suk
[15:10] {Chaeron} me2
[15:11] {lumdus} magoo, i suck today also - seems normal for the day.
[15:11] {magoo} i need a beer
[15:12] {lumdus} i need voda, beer wont do it today
[15:12] {magoo} not blaming u vad, it had .14 cents but sheesh
[15:12] {magoo} one second and thought lil more than that
[15:12] {Threei} oh you can blame me, I don't mind
[15:13] {lumdus} vad, you think i have shot with teva in .40
[15:13] {Threei} chart is right... the rest is in trading gods hands
[15:13] {Chaeron} we need a sacrifice?
[15:13] {Threei} I have one to offer
[15:13] * Threei slaps Laserdave1 around a bit with a large trout
[15:14] * Chaeron slaps Laserdave1 around a bit with a large trout
[15:14] {lumdus} well, you had me magoo and i am sure we can get a 3rd sacrifice.
[15:14] {lumdus} stop on tev 43.36
[15:14] {Chaeron} hmm... not working... throw them leo... he's a newguy :) teasing leo... we love ya
[15:15] {_leo1} go to hell:)
[15:15] {Chaeron} roflol
[15:16] {bruce} ueic dumped nicely
[15:16] {bruce} throw leo to the lions
[15:16] {Threei} what a bloodthristy room
[15:17] {Threei} I am canceling my membership
[15:17] {_leo1} sorry
[15:17] {bruce} opps - none here - have to settle for those german badger dog w suitcase
[15:18] {lumdus} aapl looks good for bounce .. without me but
[15:19] {Threei} not yet lum
[15:19] {Threei} but soon
[15:19] {lumdus} i am getting to tempted..
[15:19] {lumdus} maybe i wait 10 mins for this
[15:19] {Threei} one more leg down
[15:20] {lumdus} it's nice high volume on it.. wow
[15:21] {lumdus} break of 116
[15:21] {Threei} there
[15:21] {Threei} bounce time on first NQ strength
[15:21] {lumdus} i want it above 116
[15:21] {lumdus} in 116.03
[15:21] {lumdus} atop 115.87
[15:21] {Threei} .86
[15:22] {magoo} '.04
[15:22] {bruce} leco dino
[15:22] {lumdus} vad, you in ?
[15:22] {Threei} yes, and the funniest thing is,
[15:22] {Threei} my price is .035
[15:22] {Threei} just between you and magoo
[15:22] {lumdus} wow !
[15:23] {Threei} hmmm
[15:23] {lumdus} yeah, not like
[15:24] {Threei} double bottom or bust
[15:24] {magoo} christis that it?
[15:24] {lumdus} i didn't like break of 116.00
[15:24] {Threei} ok, do you like cross back?
[15:24] {lumdus} now i feel much better here we go
[15:25] {magoo} death by a thousand cuts
[15:25] {lumdus} offering to sell 116.70 ha haa
[15:25] {dino} yeah pretty much magoo 8 stops
[15:25] {Threei} finally
[15:25] {magoo} where u thinking vad..i suk'
[15:26] {Threei} thinking I am not
[15:26] {Threei} half out
[15:26] {Threei} stop to under 116
[15:26] {lumdus} chicken
[15:26] {Threei} let it trade
[15:26] {magoo} out ,26
[15:26] {magoo} ty but f
[15:26] {Threei} full?
[15:26] {lumdus} ok, i got .10 trailing stop now.
[15:27] {lumdus} out .17 + .14
[15:28] {magoo} full what?
[15:28] {Threei} who is chicken now?
[15:28] {magoo} full lot?
[15:28] {Threei} out full position?
[15:28] {lumdus} i am fried chick...
[15:28] {magoo} yes and no
[15:28] {Threei} hmmm
[15:28] {lumdus} yes, out full here.
[15:28] {Threei} you are one complicated dude
[15:29] {lumdus} actually liquidty was very good with the trade. triple lot
[15:29] {lumdus} why you say complicated ?
[15:29] {Threei} not you... magoo
[15:29] {Threei} [15:28] {magoo} yes and no
[15:29] {magoo} i went out full and reloadeedc rd two
[15:29] {Threei} oh
[15:29] {Threei} out
[15:30] {Threei} .78
[15:30] {dino} spike
[15:30] {magoo} out .71
[15:30] {Threei} now, tell me... was it good read or what about one more leg down and then reversal
[15:30] {magoo} awesome, but..........
[15:30] {Threei} always but...
[15:31] {dino} dji going green
[15:31] * magoo slaps Threei around a bit with a large trout
[15:32] {magoo} DINO, WHERES MY BREW
[15:32] {dino} lol i'm trying to hold out until 4:00
[15:33] {magoo} so what.i'm not
[15:33] {bruce} how did you pick 116 for reverse vad?
[15:33] {magoo} vad, again
[15:33] {Threei} I didn't pick price
[15:33] {Threei} it was sharp selloff that required one more step down to complete panic
[15:34] {magoo} ahhhhhhhhhhh
[15:34] {magoo} beer
[15:34] {Threei} when this step down materialized, first strength was to buy
[15:34] {Threei} cross back over 116 showed just that
[15:34] {Chaeron} nas nuts
[15:35] {Chaeron} what happened? I was away for a minute
[15:35] {lumdus} ok, now ready to short appl
[15:35] {Threei} nothing really... just market being it latest self
[15:35] {bruce} k - can't figure out how you tell how many steps of selling down
[15:35] {lumdus} shor taapl 117.93 stop 118.10
[15:35] {Threei} one more spike AAPL
[15:35] {bruce} sure was one heck of a bounce in market
[15:36] {lumdus} nah, i should be fine :)
[15:36] {magoo} good man
[15:36] {magoo} was tyhinking that
[15:36] {lumdus} i guess not, stopped .12
[15:36] {lumdus} what a spike this was .. damm
[15:36] {dino} green sheesh
[15:37] {dino} watch the dji go up to hod
[15:37] {bruce} would all that green have anything to do with auto short covering?
[15:37] {Threei} whew
[15:37] {Threei} .40 short, .95 cover
[15:38] {Threei} too fast to post
[15:38] {magoo} sh .20
[15:38] {magoo} out
[15:39] {lumdus} sh .40 stop
[15:39] {lumdus} .61
[15:40] {lumdus} i think this is called revenge trading .. so i better stop soon .. but ..
[15:40] {lumdus} common get back down little boy
[15:41] {lumdus} stop appl b/e .41 .. enough
[15:41] {lumdus} common wrong way appl
[15:42] {bruce} is there a qid long trade here vad?
[15:43] {lumdus} vad, this time i know chicken ..
[15:43] {Threei} bruce, this spike upset all patterns known to humankind
[15:43] {bruce} k
[15:43] {lumdus} yes, my quotes can't even keep up there..
[15:43] {lumdus} ok, stop 118.05
[15:44] {Threei} quotes are OK, ask if need anything
[15:44] {lumdus} stp 117.85
[15:45] {lumdus} where we at .. appl ?
[15:45] {lumdus} damm crap stuck ..
[15:45] {Threei} 117.78
[15:45] {Threei} .81
[15:45] {lumdus} my thingy triggered already
[15:45] {Threei} ok
[15:46] {lumdus} out 117.85 +..40 ?
[15:46] {Threei} lum, you are trading stocks your software can't handle
[15:46] {Threei} told you about it alreadyt
[15:46] * magoo slaps lumdus around a bit with a large trout
[15:46] {lumdus} not my software, my laptop ..
[15:46] {lumdus} oh, +.55 - good
[15:46] {magoo} dino said"u short aaple mags?"
[15:46] {bruce} put in more memory lum
[15:46] {bruce} should help
[15:47] {magoo} i said"cyber can't handle it dino" lol
[15:47] {Threei} you were lucky enough to be away on couple very active days when your brokerage experienced troubles keeping up
[15:47] {Threei} one day you won't be that lucky
[15:47] {lumdus} sh appl again 118.50 stp .61
[15:48] {lumdus} vad, i talk soon .. watching my crap here.
[15:48] {dino} lol
[15:48] {magoo} vad, got anything into bell?
[15:48] {Threei} ABK
[15:48] {Threei} MAKING SIGNIFICANT PROGRESS ON RECAPITILIZATION, ANNOUNCEMENT ON POSSIBLE BAILOUT COULD COME EARLY NEXT WEEK - CNBCS GASPARINO
[15:48] {lumdus} stop on aapl .49 break even
[15:49] {lumdus} vad, my brokerage have trailing stop, that why i like it.
[15:49] {lumdus} out aapl .19
[15:49] {bruce} sheesh vad - we just needed to hold that long in rimm a little longer
[15:49] {Threei} I suspect that was the news that propped market
[15:49] {Threei} you are very mistaken on it lum, IMO
[15:49] {lumdus} +.31 ..
[15:49] {Threei} trailing stop you apply makes no sense
[15:49] {Threei} it trails by certain amount of cents
[15:49] {Threei} this is not the way to trail it
[15:50] {Threei} stop should be trailed as and where new support levels are formed
[15:50] {lumdus} I know, but for my style , when a stock runs i don't have good control - has worked for me very well . I am not as controlled as you are.
[15:50] {Threei} not by formal amount of cents
[15:50] {Threei} the sdame way as original placement is not done by cents but by chart copnfiguration
[15:50] {lumdus} vad, yes - but think of aapl like now. I need that trailing - because it's wacky. i put it in walk away ..
[15:50] {Threei} hell
[15:51] {Threei} who walks away while trading AAPl
[15:51] {Threei} you are kidding :)
[15:51] {lumdus} i do , with trailing stop
[15:51] {Threei} what can I say
[15:51] {Threei} this is not the way to do it
[15:51] {lumdus} you see once it breaks support and start to run , i put the trailing stop and walk away.
[15:52] {Threei} you think it works because you haven't tracked it properly
[15:52] {Threei} want fresh example?
[15:52] {Threei} your trailing stop took you out of that long
[15:52] {Threei} when there was no slightest reason to exit
[15:52] {Threei} not at high, not at stop, not at sign of reversal
[15:53] {Threei} just in the middle of nowhere
[15:53] {lumdus} ok, but at least it protects me from loses. that's what i focus on.
[15:53] {Threei} [15:26] {lumdus} ok, i got .10 trailing stop now.
[15:53] {Threei} [15:27] {lumdus} out .17 + .14
[15:53] {Threei} this one
[15:54] {lumdus} right +.14 is better then negative
[15:54] {Threei} from losses - put your initial stop in if you suspect you may get overwhelmed by emotions
[15:54] {Threei} but to trail it like this is incorrect
[15:54] {Threei} no lum... sorry, this is wrong way to look at it
[15:55] {lumdus} ok, will need to redo myself here.
[15:55] {Threei} let's talk about it more next week
[15:55] {lumdus} ok.
[15:56] {lumdus} damm this market what a reversal that was
[15:56] {Threei} glad we got this trade on th last hour
[15:56] {Threei} made up for boring afternoon
[15:56] {Threei} thank you all
[15:56] {lumdus} oh yes, that was awesome finight to the wek. made up for all day
[15:56] {Threei} have a great weekend
[15:56] {lumdus} you too vad. take care
[15:56] {Threei} see you on Monday
[15:56] {bruce} rimms going up like rocket still
[15:56] {Threei} :)
[15:57] {dptl} have a good weekend all
[15:57] {dino} up 104
[15:57] {dino} 240
[15:57] {dino} +
[15:59] {magoo} hey vad..really..AWESOME read ionto bell
[15:59] {Threei} ty
[15:59] {dino} stick a fork in me.
[15:59] {magoo} i made 1k on it
[15:59] {dino} glad this week is over
[15:59] {Threei} see... trade should come to you
[15:59] {magoo} over 3 trades of course
[15:59] {Threei} perfect
[16:00] {Threei} don't force it
[16:00] {magoo} that was the yes and no
[16:00] {Threei} try to seek it actively, and you find yourself pushing it
[16:00] {Threei} wait for it to come to you, it happens naturally
- Received an order for an additional 174 Cougar Mastiff vehicles, vehicle spare parts, and field support for the UK Ministry of Defense.
[08:42] {Threei} - scheduled for completion by December 2008, with spare parts and field support coverage continuing through mid 2009.
[08:43] {Threei} this stock is neverending story of news propping it up, then decline as if all the positive effect disappears in thin air
[08:44] {cosmo} so.. they breed a dog/cat hybread?
[08:45] {Threei} no idea, I am not good at botany
[08:45] {Threei} here goes bruce telling me that botany is plants, not animals... as if there is any difference
[08:46] {cosmo} hmmm
[08:47] {cosmo} i dunno .. a couger/mastiff combination could be very effective protection...
[08:49] {cosmo} FRPT pre mkt high = 5.11 so far
[08:51] {magoo} morning
[08:51] {Threei} magoo... look what an unexpected gift we have this morning
[08:51] * Threei slaps Laserdave1 around a bit with a large trout
[08:53] * magoo slaps Laserdave1 around a bit with a large trout
[08:56] {cosmo} UNFI: United Natural Q2 profit falls; cuts FY08 EPS outlook
[08:56] {cosmo} at Reuters (Thu 6:33pm)
[08:58] {cosmo} 18.10 pre mkt high fwiw
[09:01] {bruce} sure cosmo - but a turnip mastiff combinaton?
[09:04] {Threei} or german badger-dog with suitcase
[09:06] {bruce} is that carry on protection vad?
[09:06] {Threei} no, just must look funny
[09:06] {Threei} which is an asset in and of itself in my eyes
[09:09] {esemde} good morning ladies and gentlemen of the jury.......
[09:10] {dptl} good morning all
[09:10] {bruce} for truly funny why not a parakeet / llahma cross?
[09:10] {Threei} ese, dp :)
[09:10] {bruce} now you have a bird with a big nose that spits
[09:10] {Threei} and is furry
[09:10] {Threei} I like it
[09:10] {dino} gm all
[09:10] {Threei} dino :)
[09:11] {bruce} speak of the devil - morning dino
[09:12] {dino} hmmmmm...and the devil shall appear
[09:12] {bruce} not much shakin this morning
[09:12] {bruce} cbey is down big though
[09:16] {magoo} last night bruce
[09:17] {magoo} keep in mind vad shorts today, and RIMM up pretty good if mkt goes
[09:17] {Threei} shorts? according to recent calendar, today is bull market
[09:18] {Threei} ese, look dcc please
[09:19] {dino} unfi bit of blood
[09:19] {bruce} is that from the farmers almanac vad?
[09:20] {Threei} no idea but someone somewhere obviously signed a decree that up and down days must alternate
[09:21] {bruce} got you- well that makes it easy for us then
[09:21] {Threei} yup... alliswellinlalaland one day, theskyisfalling another
[09:22] {bruce} sure - but you can get a new roof on your house from the insurance coverage on that satelite debris
[09:23] {Threei} not if I am in the house when it hits
[09:24] {Threei} which reminds me, gotta update kids info on my life insurance :)
[09:25] {lumdus} good morning all. snowing heavily in nyc
[09:25] {dino} depends on opening gap, up, end down, down end up
[09:25] {Threei} hi lum, really?
[09:25] {Threei} true dino, that's the pattern that shoqwn pretty consistently lately
[09:26] {lumdus} vad, just kidding ..
[09:27] {esemde} lum ...you from NY....I love New York!
[09:27] {lumdus} i love ny as long as i find parking
[09:27] * Threei cancels mailing skies and snow shovel to lumdus
[09:28] {_leo1} hi
[09:28] {Threei} I wanted to say I love NY but then realized that I love Manhattan
[09:28] {Threei} hi leo
[09:28] {esemde} leo
[09:28] {Threei} ese, dcc please
[09:29] {dino} lum, a yankee?
[09:29] {lumdus} yes
[09:29] {dino} onhly about 2 1/2 hours from you
[09:33] {Threei} GRMN .50 long small if holding above .30
[09:34] {Threei} still valid
[09:35] {bruce} missed it - popped
[09:35] {lumdus} hoh shoot no way with that.
[09:35] {dptl} got .54
[09:35] {Threei} no... unless entered aggressively unattainable
[09:35] {Threei} wow
[09:36] {Threei} dpt proved us wrong
[09:36] {Threei} take profit
[09:36] {bruce} congrats dp
[09:36] {dptl} out +.40 ty
[09:36] {Threei} wtg
[09:39] {bruce} you want to try grmn as pullback vad?
[09:39] {Threei} wait
[09:39] {Threei} RIMM is not dropping with NQ
[09:39] {Threei} 106.15 long
[09:39] {Threei} stop under .90
[09:40] {dino} gj dp
[09:40] {Threei} out .70
[09:40] {Threei} +.53
[09:40] {dptl} thx Dino
[09:41] {Threei} anyone caught it?
[09:41] {Threei} see big red bar 9:39 NASDAQ?
[09:41] {lumdus} s wb 32.94 stop 33.03
[09:41] {Threei} and barely couple downticks RIMM
[09:41] {bruce} too late for me vad - paased trigger when I pulled it up
[09:41] {Threei} dead giveaway
[09:42] {Threei} was available just couple cents higher for a few bruce
[09:42] {Threei} I got .18
[09:42] {dino} bby s .85, stop .17
[09:45] {bruce} cbey continues down - out +.20 quick scalp
[09:46] {dino} cov bby .61, +.24
[09:47] {Threei} keep an eye on RIMM guys, relative strength on it is remarkable
[09:47] {Threei} NQ makes new lows, RIMM retreats 20 cents
[09:47] {Threei} NQ barely bounces, RIMM makes new highs
[09:47] {bruce} I'm slow this morning dino- was looking for a stock with symbol bbys
[09:48] {Threei} any help by market, it will bust through 107 like knife
[09:48] {Threei} there
[09:48] {dino} :)
[09:48] {dino} sigm?
[09:49] {magoo} just caugty rimm
[09:49] {magoo} .70 to .09
[09:49] {magoo} to fast
[09:49] {magoo} to pout in here
[09:49] {bruce} nice mags
[09:49] {dino} why pout?
[09:50] {dino} l sigm .70
[09:50] {Threei} hopw do you like this on SIGM:
[09:50] {bruce} great exit mags - you caught exact top
[09:50] {Threei} 02/19/08 01:15am [SIGM] Baird Cuts SIGM to Neutral from Outperform, price target: $50.00
[09:52] {Threei} what's so great bruce, he sold 3 cents under high... pretty pitiful performance
[09:52] * Threei is hiding under the nearest rock
[09:52] {magoo} thats why i am poutting
[09:52] {Threei} lol
[09:52] {magoo} really fast..vad said watch it
[09:52] {magoo} i watched
[09:53] {magoo} hoit-layourt lucky
[09:53] {Threei} see, thing with stocks like RIMM
[09:53] {bruce} intu on radar dino - want to see it drop more
[09:53] {magoo} sigh..spelling
[09:53] {dino} sigm stopped -.40
[09:53] {Threei} sometimes they give you time to alert of setup coming
[09:53] {Threei} and sometimes things happen so quickly that there is no way I could type it in time,
[09:53] {Threei} so what I opt to do is
[09:54] {Threei} alert when I can
[09:54] {Threei} and give general outlook on how to play it
[09:54] {Threei} so those of you who can read and catch it could act on your own, without delay caused by my typing
[09:55] {Threei} understandably, it's not a stock for everyone
[09:55] {magoo} u like it for bounce here?
[09:55] {Threei} has quite a personality
[09:55] {Threei} sure - if NQ bounces
[09:56] {Threei} .30 is nearest support
[09:56] {Threei} not anymore
[09:56] {magoo} grmn might be short if naz retreats vad
[09:57] {Threei} I am not sure they have much correlation
[09:57] {magoo} yeah, not in chart
[09:58] {bruce} with rimm you look for a small consolidation vad - 20 c or so - then break to one side with nq also moving that way?
[09:58] {Threei} one correction bruce
[09:59] {Threei} on a day like today I will aplly that to long but not to short
[09:59] {Threei} meaning I will go with this setup on a long side, and will remain on a sideline on shoert side
[09:59] {bruce} k- cause strngth seems long for it?
[09:59] {bruce} got you
[09:59] {Threei} with such relative strength as RIMM shows short is just very labored money
[09:59] {bruce} idea is to keep small stops
[09:59] {Threei} path of least resistance is up
[10:00] {Threei} and I like easy money
[10:00] {bruce} and ready to exit on first sign of slowing on it looks like from wqtching you trade it
[10:00] {dino} bby s .94 stop hod
[10:00] {Threei} well... that's my approach since I am as risk adverse as we human beings get
[10:01] {Threei} someone with more tolerance would probably keep part for a multipoint run
[10:01] {lumdus} in ccu 31.68 stop 31.49
[10:02] {bruce} a lot of 1 min candles in it are over 60c
[10:02] {bruce} so tough to keep 20 c stops init
[10:03] {Threei} thin stock always requires some padding
[10:03] {bruce} its not thin - just real fast
[10:04] {Threei} GRMN formed quite pronounced support at 63.80
[10:04] {Threei} watching if it holds
[10:04] {Threei} nope
[10:05] {Threei} no play
[10:05] {bruce} I hate grmn - erratic as hell
[10:06] {Threei} that's what we have to play these days, normal stocks just don't move
[10:06] {Threei} keep us prisoners for hours if we venture in them
[10:06] {Threei} and for the most part stop us out eventually
[10:06] {magoo} agree vad
[10:06] {Threei} enter TIVO yesterday
[10:06] {lumdus} yeah, i am just figuring that out now.
[10:06] {Threei} it all goes in cycles
[10:07] {Threei} one day those small safe ones will start moving like their sole purpose in life is to make us as much money as possible
[10:07] {bruce} fwiw - looks like grmn may find support about.50 and bounce there
[10:08] {dino} see, gap up open
[10:08] {Chaeron} gm all
[10:08] {Threei} ch :)'
[10:09] {Chaeron} looks like a littl.e cigar butt hanging there from that smile Vad... a bit early for that no? :)
[10:09] {Threei} lol
[10:10] {Threei} AMZN starts looking interesting
[10:10] {esemde} long VCLM19.09
[10:10] {dino} bby stopped .13, -.19
[10:10] {bruce} thats what I hat4e about grmn - bounced at .50 as suspected - only moved 20c - then moved to stop and continue
[10:10] {bruce} pos
[10:11] {Threei} watching AMZN for breakout of 71.70 - 72 range
[10:12] {bruce} amzn short?
[10:12] {Threei} no
[10:12] {magoo} we are tanking ?
[10:13] {bruce} no just slummin magooski
[10:13] {magoo} amzn looks like rolling over to me {respectfully submitted}
[10:13] {magoo} maybe RIMM bounce vad
[10:13] {dino} dv l .35
[10:14] {bruce} nice entry dino
[10:14] {dino} ty waited forever
[10:14] {dino} sigm?
[10:15] {Threei} looks like short to me dino
[10:15] {magoo} RIMM vad?bounce somewhere?
[10:15] {dino} bite your toung
[10:16] {Threei} I don't have feel for it magoo
[10:17] {magoo} neither do i evidently
[10:17] {esemde} out VCLM .43 +.34
[10:17] {Threei} wtg
[10:17] {esemde} you hooked me on to it a couple of days ago
[10:18] {Chaeron} huge ese...
[10:18] {dino} gj
[10:18] {esemde} been kinda monitoring it
[10:18] {Threei} I have?
[10:18] {Threei} gosh... I don't remember it at all :)
[10:18] {esemde} RRIIGGHHTT....wink wink nudge nudge....
[10:19] {esemde} it's still goin
[10:19] {dino} risky sigm l .50
[10:26] {dino} unfi sm l .20
[10:27] {bruce} imcl looks srtong bvad
[10:28] {dino} out dv .72, +.37
[10:28] {esemde} vlcm....nice move up today ....on an iffy day for sure
[10:29] {bruce} nice dino
[10:31] {bruce} any read cbey vade - looks to me like long potential on break of .50
[10:31] {Threei} I like it bruce
[10:37] {lumdus} short ir 38.57 stop 38.67
[10:42] {Threei} beautiful read CBEY bruce
[10:42] {bruce} thanx vad
[10:42] {dino} nice one bruce
[10:42] {Threei} very clean setup
[10:45] {lumdus} ir - .11 crap
[10:46] {Threei} 1:2 CBEY
[10:47] {bruce} out cbey +.63
[10:47] {Threei} disgusting
[10:47] {Chaeron} nice bruce
[10:47] {Threei} truly disgusting
[10:47] {magoo} nice bruce
[10:47] {Threei} couple more trades like this and noone will come out and play with you
[10:48] {lumdus} very nice bruce
[10:48] {Chaeron} don't listen to Threei,,,, he's just pulling lint out of his navel
[10:48] {lumdus} awesome heads up and awesome trade
[10:48] {bruce} thanx vad
[10:48] {Threei} always :)
[10:48] {bruce} I'm worlds second worst trader- but get lucky sometimews
[10:49] * Threei is waiting to see who first takes the bait and asks bruce why second worst
[10:49] {dino} ahhh, luck
[10:50] {bruce} eternal optimism vad
[10:50] {bruce} I'm sure theres a worse one - just havne't met him yet
[10:50] {bruce} hope someone else gotcbey
[10:51] {Threei} my idea of answer to "why second/" would be: "that's how bad I am, can't even be THE worst at this"
[10:51] {bruce} lol
[10:51] {bruce} woulda said that if I'd thought of it
[10:52] {Threei} that's an old joke actually... can't claim authorship
[10:52] {bruce} possible break nvda here
[10:54] {Threei} if golding above .70, break will be valid setup on it
[10:54] {dino} pwrd
[10:56] {Threei} full point CBEY
[10:56] {Chaeron} beauty
[10:56] {dptl} out cbey +.21 on that move got it on pullback ty bruce vad:)
[10:56] {bruce} nvda invalid
[10:56] {Threei} nice dp
[10:57] {bruce} congrats dp
[10:57] {dino} ibkr l .05
[10:58] {magoo} double bottom RIMM setting up vad
[10:58] {Threei} not sujre mags
[10:58] {Threei} it lost lustre
[10:58] {Threei} can break down just the same
[10:59] {esemde} markets calm......
[10:59] {bruce} nice vad - you took full point out of it?
[10:59] {Threei} on CBEY?
[10:59] {Threei} yes
[10:59] {bruce} yes
[10:59] {bruce} wow - cool beans
[10:59] {Threei} not on full position of course, aprtialed along the road
[11:00] {bruce} k - makes sense
[11:02] {bruce} \onxx on break of .50 vad?
[11:03] {esemde} What are the chances the market will finish up today.....
[11:03] {dino} 50/50
[11:03] {esemde} hmmmmmmm
[11:03] {lumdus} in erts 49.27 sto 49.17
[11:03] {Threei} ONXX wierdly narrow today
[11:03] {Threei} not sure it's worth our time and effort
[11:03] {dino} shorts pretty good week, may cover into close
[11:04] {dino} ibkr stop to .30
[11:04] {bruce} k
[11:05] {dino} out slippage +.20
[11:09] {Threei} feels like bounce coming
[11:10] {Threei} or not
[11:10] {dino} ofix
[11:10] {Threei} short a little QID, very tight stop
[11:10] {Threei} .81
[11:11] {Threei} nope
[11:12] {lumdus} vad, talk about stocks not moving .. erts still range no movement.
[11:13] {magoo} u short qid vad?
[11:13] {Threei} stopped mags
[11:13] {lumdus} out erts -.11 crappy day
[11:14] {magoo} RIMM bounce time or is there a better trigger?
[11:14] {magoo} SHIT
[11:14] {magoo} was looking 104
[11:14] {Threei} RIMM yes, bounce but try to get in on pullback
[11:16] {Threei} shakeout QID... whimp I am
[11:16] {Threei} .76 was good entry, overtightened stop
[11:23] {Threei} CBEY worth a try for a scalp here with stop .48
[11:23] {Threei} pure risk based setup
[11:24] {dino} sm risky l ofix .85
[11:26] {magoo} what entry u get CBEY vad?
[11:26] {Threei} .54
[11:26] {magoo} .5488 here
[11:26] {Threei} no worky
[11:26] {magoo} fer
[11:26] {dino} stopped ofix .40-.45
[11:26] {magoo} now how u get out .448
[11:27] {magoo} was a blink
[11:27] {magoo} .48 im mean
[11:27] {Threei} got .43 and .45 on exit
[11:27] {magoo} ok
[11:36] {Threei} AMZN starts looking breaky
[11:36] {Threei} .91 semi-aggressive entry
[11:37] {Threei} if holding above .65
[11:40] {dino} ofix l .42 risky
[11:42] {dino} stopped done w/it
[11:45] {dino} unfi stopped .80 -.40 sm
[11:47] {bruce} sheesh ofix really dumped
[11:48] {dino} ibkr s .75, stop .03
[11:50] {bruce} aapl tanking broke 120
[11:53] {bruce} any thoughts rimmm here vad?
[11:53] {bruce} lloks like long at .50 but stop would be 30c
[11:54] {Threei} can't tell
[11:54] {Threei} things lost rythm
[11:54] {bruce} k
[11:55] {bruce} theres dance lessons for that vad
[11:56] {Threei} hmmm
[11:56] {magoo} bounce aapl vad?
[11:56] {Threei} coin toss mags
[11:56] {bruce} new reality show - dancing w magooski
[11:56] {magoo} what should i calkl then? upo or down
[11:57] {Threei} the sure bet is that coin will not hang in the air
[12:03] {dino} cov ibky .51 +.24
[12:05] {esemde} ITS!!! THE!!! WEEKEND!!!!! have a good one all see ya monday
[12:05] {Threei} take care ese, have a good one
[12:06] {dino} pwrd s .05 stop .27
[12:28] {Chaeron} .
[12:29] {dptl} Dave dcc pls
[12:29] {dino} pwrd bstop to .17, i can't even pick a short
[12:30] {bruce} ofix trying to recover some now dino
[12:31] {Chaeron} - Indices resume a downward trajectory as credit market fears continue to weigh. Major publications continue to point to signs of further deterioration in the functioning a variety of fixed income markets.
[12:31] {Chaeron} The WSJ noted that two indices that track the cost of buying insurance on bonds issued by 125 large companies have doubled since the beginning of the year, a sign that the financial squeeze that began in investments linked to subprime mortgages has spread. A separate article noted that the CMBX Index, which tracks the value of bonds backed by commercial mortgages, suggest rough waters ahead for that industry as well.
[12:32] {Threei} really
[12:32] {Chaeron} nope, not foolin'
[12:34] {dino} maybe bruce, tough one ofix
[12:38] {dino} sigm l .00, stop lod
[12:52] {Threei} yawn
[12:52] {dino} esmk
[12:55] {bruce} taking break
[12:56] {Threei} slacker
[12:56] {Threei} sit here and yawn with us
[13:05] {Threei} WHITE HOUSE: HAS 'NO CONFIDENCE' IRAN'S NUCLEAR PROGRAM IS PEACEFUL UNTIL IT MEETS ITS OBLIGATIONS
[13:07] {dino} like anybody's is strickly peaceful. issue is a joke
[13:07] {Threei} I am strictly peaceful
[13:07] {Threei} especially when my gun is loaded
[13:08] {Threei} and safety's off
[13:08] {Chaeron} lol
[13:09] {magoo} get to work would u lol
[13:10] {Threei} see, magoo ruins my extreme peacefullness
[13:11] {Chaeron} load your gun...
[13:11] {Threei} looking at OPTV with interest
[13:11] {Threei} maybe some slow accumulation starts
[13:20] {dino} ueic
[13:22] {dino} ueic s .54
[13:23] {bruce} back
[13:23] {bruce} you're right vad
[13:23] {bruce} slackers my middle name
[13:24] {Threei} I know, I wanted to claim it and found out it was taken
[13:24] {bruce} would feel guilty if I weren't following your example
[13:29] {Threei} AAPl looks like short on bounce
[13:29] {Threei} as close to 118 as can get
[13:31] {Threei} practically no bounce... .80 was the best it could do
[13:31] {bruce} around 118 w 30 c stop vad?
[13:32] {Threei} it's gone bruce
[13:32] {Threei} no bounce to short into, and too far from there now
[13:32] {Threei} if it does go as high as 118 from here, it's a whole new setup, need to reevaluate
[13:33] {bruce} for now - but may still come back to 118
[13:33] {bruce} k
[13:33] {bruce} thanx
[13:33] {Threei} look at it this way
[13:33] {Threei} it dropped 60 cents,
[13:34] {Threei} if it can gather as much strength as needed to go all the way back, you better look again because it can be a sign of reversal
[13:34] {Threei} don't enter on price alone
[13:34] {Threei} see how it acted to get to that price
[13:35] {bruce} looks to me like its droppingin about1 buck on major breaks
[13:36] {bruce} we might still be able to short here w .70 stop
[13:38] {magoo} aapl .looks like following naz, any thoughts?
[13:39] {Threei} it does mostly but its weaker
[13:39] {Threei} I would play it on short side only
[13:43] {magoo} u reading rimm at all..maybe short
[13:44] {Threei} rather short than long, but there is no clean compelling setup
[13:45] {Threei} I don't want to fire half-baked entries at you, it's a sure way to get unnecessary stops
[13:46] {bruce} k
[13:46] {magoo} are u drinking already on this snowy wintery day?
[13:46] {Threei} snowy?
[13:46] {Threei} wintery?
[13:46] {bruce} half baked pies are no good either
[13:46] {Threei} I don't know what you are talking about
[13:46] {Threei} sun, warmth
[13:47] {bruce} was watching aapl - you didn't think the .43 break was worth a try vad?
[13:47] {bruce} sunny here too
[13:47] {Threei} I just don't like too wide stop bruce
[13:47] {Threei} there is no rsistance close enough for comfort
[13:47] {bruce} we're selling vqcation packages to sunny saskatchewan
[13:47] {bruce} k
[13:48] {magoo} blizzard here in n.e. pa
[13:48] {bruce} I saw range contraction
[13:48] {bruce} but not over very big time frame
[13:48] {Threei} yes and nearest resistance is .70, and not very pronounced
[13:49] {Threei} sorry to hear mags
[13:49] {bruce} k
[13:49] {Threei} I swear, the day I decided to move to Victoria was at par with the day I decided to leave xUSSR
[13:50] {bruce} ah - still pining away for the homeland vad?
[13:50] {Threei} bruce can have whole praries to himself
[13:50] {bruce} lol
[13:50] {bruce} already have it to myself vad
[13:51] {Threei} Praries aka Bruce's Kingdom
[13:51] {bruce} hmmm
[13:51] {bruce} nice ring to that
[13:51] {Threei} homeland... hmmm... I am afraid it would feel much more foreign to me now than any place in USA/Canada :)
[13:51] {bruce} we're surrounded by water here vad
[13:52] {bruce} the pacific and atlantic
[13:52] {bruce} Iremember you saying you liked islands
[13:52] {Threei} yup... pacific only around me
[13:52] {bruce} exactly
[13:53] {bruce} how boring
[13:53] {Threei} AAPL short maybe shapes up...
[13:53] {Threei} .50 resistance
[13:54] {Threei} if can't break it
[13:54] {Threei} hard to find trigger
[13:54] {Threei} weakness from here
[13:54] {Threei} with stop above .50
[13:55] {magoo} prob is naz move up
[13:56] {Threei} yup
[13:58] {bruce} you think crox worth ry shhort here vad? looks good but very volatile one
[13:58] {Threei} it's actaully much more tame than it used to be
[13:59] {bruce} yes - -at least todays chart is
[13:59] {Threei} and yes, looks like good short if market helps
[14:00] {Threei} AAPl worked direction wise but exact entry/stop on it was practically unreadable
[14:02] {bruce} yes - those are tough ones
[14:02] {bruce} big stops if they don't work
[14:02] {bruce} and lots of moving around til they prove themselves
[14:04] {magoo} i like amzn short....any thoughts
[14:04] {lumdus} short rimm 103.55 stop 103.83
[14:04] {dino} ueic stopped -.26
[14:05] {Threei} RIMM and AAPL are better shorts magoo
[14:06] {lumdus} let's hope rimm does it for me.
[14:08] {Threei} come on NASDAQ, rug pull time
[14:08] {Threei} there
[14:09] {lumdus} yeah, go rimm now..
[14:15] {Threei} new low AAPL
[14:15] {Threei} RIMM is still hanging for dear life
[14:16] {lumdus} it got to .82 just 1 penny from my stop.
[14:17] {dino} rimm nice gap around 98
[14:18] {lumdus} our rimm -.30
[14:18] {dino} tson
[14:19] {Threei} unreadable mess
[14:21] {magoo} tson short vad..avail
[14:22] {Threei} I see upgrade by LEH
[14:22] {Threei} anything else on it?
[14:22] {magoo} dunno
[14:22] {Threei} FED'S FISHER: FED MUST BE MINDFUL OF DUAL MANDATE, 'PERVASIVE PESSIMISM' IS INFECTING BUSINESS OUTLOOK - Q-A
[14:23] {Threei} - Says central bank must take care not to stir up inflation, noting Fed is having serious discussion regarding inflation pressures, and see rises in US inflation partly due to higher food and energy costs outside Fed control given most of inflation pressure is globally driven
[14:23] {Threei} - Sees 'economic anemia" for couple of quarters, growth risks could suffer more than expected and rate cuts take at least six months to have influence
[14:23] {Threei} - Says Fed must take care that policy action does not impact economy while preventing economy from slipping into prolonged recession and cannot help but worry about an economy that has become infected
[14:23] {Threei} - Stimulus package will be positive if enacted quickly and could also boost consumer spending while Long-term liabilities are biggest fiscal concern
[14:23] {Threei} - Says 'highly unlikely' Governor nominees to join Fed
[14:23] {Threei} - Notes it is possible for policymaker to dissent without disagreeing with policy direction
[14:23] {Chaeron} 02/21/08 04:04pm [TSON] Trans1 Inc Reports Q4 -$0.07 v -$0.12e, R $5M v $4.5Me
[14:24] {Chaeron} shoot... wrong one... sorry
[14:28] {bruce} bang chaeron
[14:28] {Chaeron} [TSON] Trans1 Inc Lehman Raised TSON to Overweight from Equal Weight
[14:28] {Chaeron} 02/21/08 04:04pm [TSON] Trans1 Inc Reports Q4 -$0.07 v -$0.12e, R $5M v $4.5Me
[14:28] {Chaeron} dang pc was frozen too
[14:28] {Threei} lol
[14:35] {lumdus} short dis 31.87
[14:38] {bruce} major support on dailys for dis lum at those levels - hope it works for you
[14:39] {bruce} ueic now dino
[14:40] {bruce} s ueic .89
[14:44] {dino} 22.89?
[14:44] {dino} 21.89}?
[14:45] {bruce} sorry - 21.89
[14:45] {bruce} wishful thinking my part
[14:51] {bruce} exited -12 c
[14:52] {Threei} let's see if last hour brings anything readable... quite useless afternoon so far
[14:53] {bruce} nic4e recovery in ofix dino - watched it but couldn't decide on an entry attempt
[14:53] {dino} phlyu
[14:54] {Threei} RIMM .20 long if stays above 104
[14:55] {Threei} target closer to .50
[14:57] {bruce} thanx vad - nice to have actual target for rimm trade
[14:58] {Chaeron} .
[14:59] {magoo} valid?
[15:00] {magoo} was out robbing bank
[15:00] {Threei} yes
[15:00] {magoo} in
[15:05] {Threei} official record:
[15:05] {Threei} this is first time in my life I fell asleep while trading RIMM
[15:05] {bruce} lol vad
[15:06] {Threei} tells you everything you need to know about today
[15:07] {magoo} not only that.one breif chance to hit .35 and down
[15:08] {magoo} can't make anything on half lot
[15:08] {lumdus} l tev 48.40
[15:08] {lumdus} teva
[15:10] {magoo} christ
[15:10] {magoo} now a loss
[15:10] {magoo} i suk
[15:10] {Chaeron} me2
[15:11] {lumdus} magoo, i suck today also - seems normal for the day.
[15:11] {magoo} i need a beer
[15:12] {lumdus} i need voda, beer wont do it today
[15:12] {magoo} not blaming u vad, it had .14 cents but sheesh
[15:12] {magoo} one second and thought lil more than that
[15:12] {Threei} oh you can blame me, I don't mind
[15:13] {lumdus} vad, you think i have shot with teva in .40
[15:13] {Threei} chart is right... the rest is in trading gods hands
[15:13] {Chaeron} we need a sacrifice?
[15:13] {Threei} I have one to offer
[15:13] * Threei slaps Laserdave1 around a bit with a large trout
[15:14] * Chaeron slaps Laserdave1 around a bit with a large trout
[15:14] {lumdus} well, you had me magoo and i am sure we can get a 3rd sacrifice.
[15:14] {lumdus} stop on tev 43.36
[15:14] {Chaeron} hmm... not working... throw them leo... he's a newguy :) teasing leo... we love ya
[15:15] {_leo1} go to hell:)
[15:15] {Chaeron} roflol
[15:16] {bruce} ueic dumped nicely
[15:16] {bruce} throw leo to the lions
[15:16] {Threei} what a bloodthristy room
[15:17] {Threei} I am canceling my membership
[15:17] {_leo1} sorry
[15:17] {bruce} opps - none here - have to settle for those german badger dog w suitcase
[15:18] {lumdus} aapl looks good for bounce .. without me but
[15:19] {Threei} not yet lum
[15:19] {Threei} but soon
[15:19] {lumdus} i am getting to tempted..
[15:19] {lumdus} maybe i wait 10 mins for this
[15:19] {Threei} one more leg down
[15:20] {lumdus} it's nice high volume on it.. wow
[15:21] {lumdus} break of 116
[15:21] {Threei} there
[15:21] {Threei} bounce time on first NQ strength
[15:21] {lumdus} i want it above 116
[15:21] {lumdus} in 116.03
[15:21] {lumdus} atop 115.87
[15:21] {Threei} .86
[15:22] {magoo} '.04
[15:22] {bruce} leco dino
[15:22] {lumdus} vad, you in ?
[15:22] {Threei} yes, and the funniest thing is,
[15:22] {Threei} my price is .035
[15:22] {Threei} just between you and magoo
[15:22] {lumdus} wow !
[15:23] {Threei} hmmm
[15:23] {lumdus} yeah, not like
[15:24] {Threei} double bottom or bust
[15:24] {magoo} christis that it?
[15:24] {lumdus} i didn't like break of 116.00
[15:24] {Threei} ok, do you like cross back?
[15:24] {lumdus} now i feel much better here we go
[15:25] {magoo} death by a thousand cuts
[15:25] {lumdus} offering to sell 116.70 ha haa
[15:25] {dino} yeah pretty much magoo 8 stops
[15:25] {Threei} finally
[15:25] {magoo} where u thinking vad..i suk'
[15:26] {Threei} thinking I am not
[15:26] {Threei} half out
[15:26] {Threei} stop to under 116
[15:26] {lumdus} chicken
[15:26] {Threei} let it trade
[15:26] {magoo} out ,26
[15:26] {magoo} ty but f
[15:26] {Threei} full?
[15:26] {lumdus} ok, i got .10 trailing stop now.
[15:27] {lumdus} out .17 + .14
[15:28] {magoo} full what?
[15:28] {Threei} who is chicken now?
[15:28] {magoo} full lot?
[15:28] {Threei} out full position?
[15:28] {lumdus} i am fried chick...
[15:28] {magoo} yes and no
[15:28] {Threei} hmmm
[15:28] {lumdus} yes, out full here.
[15:28] {Threei} you are one complicated dude
[15:29] {lumdus} actually liquidty was very good with the trade. triple lot
[15:29] {lumdus} why you say complicated ?
[15:29] {Threei} not you... magoo
[15:29] {Threei} [15:28] {magoo} yes and no
[15:29] {magoo} i went out full and reloadeedc rd two
[15:29] {Threei} oh
[15:29] {Threei} out
[15:30] {Threei} .78
[15:30] {dino} spike
[15:30] {magoo} out .71
[15:30] {Threei} now, tell me... was it good read or what about one more leg down and then reversal
[15:30] {magoo} awesome, but..........
[15:30] {Threei} always but...
[15:31] {dino} dji going green
[15:31] * magoo slaps Threei around a bit with a large trout
[15:32] {magoo} DINO, WHERES MY BREW
[15:32] {dino} lol i'm trying to hold out until 4:00
[15:33] {magoo} so what.i'm not
[15:33] {bruce} how did you pick 116 for reverse vad?
[15:33] {magoo} vad, again
[15:33] {Threei} I didn't pick price
[15:33] {Threei} it was sharp selloff that required one more step down to complete panic
[15:34] {magoo} ahhhhhhhhhhh
[15:34] {magoo} beer
[15:34] {Threei} when this step down materialized, first strength was to buy
[15:34] {Threei} cross back over 116 showed just that
[15:34] {Chaeron} nas nuts
[15:35] {Chaeron} what happened? I was away for a minute
[15:35] {lumdus} ok, now ready to short appl
[15:35] {Threei} nothing really... just market being it latest self
[15:35] {bruce} k - can't figure out how you tell how many steps of selling down
[15:35] {lumdus} shor taapl 117.93 stop 118.10
[15:35] {Threei} one more spike AAPL
[15:35] {bruce} sure was one heck of a bounce in market
[15:36] {lumdus} nah, i should be fine :)
[15:36] {magoo} good man
[15:36] {magoo} was tyhinking that
[15:36] {lumdus} i guess not, stopped .12
[15:36] {lumdus} what a spike this was .. damm
[15:36] {dino} green sheesh
[15:37] {dino} watch the dji go up to hod
[15:37] {bruce} would all that green have anything to do with auto short covering?
[15:37] {Threei} whew
[15:37] {Threei} .40 short, .95 cover
[15:38] {Threei} too fast to post
[15:38] {magoo} sh .20
[15:38] {magoo} out
[15:39] {lumdus} sh .40 stop
[15:39] {lumdus} .61
[15:40] {lumdus} i think this is called revenge trading .. so i better stop soon .. but ..
[15:40] {lumdus} common get back down little boy
[15:41] {lumdus} stop appl b/e .41 .. enough
[15:41] {lumdus} common wrong way appl
[15:42] {bruce} is there a qid long trade here vad?
[15:43] {lumdus} vad, this time i know chicken ..
[15:43] {Threei} bruce, this spike upset all patterns known to humankind
[15:43] {bruce} k
[15:43] {lumdus} yes, my quotes can't even keep up there..
[15:43] {lumdus} ok, stop 118.05
[15:44] {Threei} quotes are OK, ask if need anything
[15:44] {lumdus} stp 117.85
[15:45] {lumdus} where we at .. appl ?
[15:45] {lumdus} damm crap stuck ..
[15:45] {Threei} 117.78
[15:45] {Threei} .81
[15:45] {lumdus} my thingy triggered already
[15:45] {Threei} ok
[15:46] {lumdus} out 117.85 +..40 ?
[15:46] {Threei} lum, you are trading stocks your software can't handle
[15:46] {Threei} told you about it alreadyt
[15:46] * magoo slaps lumdus around a bit with a large trout
[15:46] {lumdus} not my software, my laptop ..
[15:46] {lumdus} oh, +.55 - good
[15:46] {magoo} dino said"u short aaple mags?"
[15:46] {bruce} put in more memory lum
[15:46] {bruce} should help
[15:47] {magoo} i said"cyber can't handle it dino" lol
[15:47] {Threei} you were lucky enough to be away on couple very active days when your brokerage experienced troubles keeping up
[15:47] {Threei} one day you won't be that lucky
[15:47] {lumdus} sh appl again 118.50 stp .61
[15:48] {lumdus} vad, i talk soon .. watching my crap here.
[15:48] {dino} lol
[15:48] {magoo} vad, got anything into bell?
[15:48] {Threei} ABK
[15:48] {Threei} MAKING SIGNIFICANT PROGRESS ON RECAPITILIZATION, ANNOUNCEMENT ON POSSIBLE BAILOUT COULD COME EARLY NEXT WEEK - CNBCS GASPARINO
[15:48] {lumdus} stop on aapl .49 break even
[15:49] {lumdus} vad, my brokerage have trailing stop, that why i like it.
[15:49] {lumdus} out aapl .19
[15:49] {bruce} sheesh vad - we just needed to hold that long in rimm a little longer
[15:49] {Threei} I suspect that was the news that propped market
[15:49] {Threei} you are very mistaken on it lum, IMO
[15:49] {lumdus} +.31 ..
[15:49] {Threei} trailing stop you apply makes no sense
[15:49] {Threei} it trails by certain amount of cents
[15:49] {Threei} this is not the way to trail it
[15:50] {Threei} stop should be trailed as and where new support levels are formed
[15:50] {lumdus} I know, but for my style , when a stock runs i don't have good control - has worked for me very well . I am not as controlled as you are.
[15:50] {Threei} not by formal amount of cents
[15:50] {Threei} the sdame way as original placement is not done by cents but by chart copnfiguration
[15:50] {lumdus} vad, yes - but think of aapl like now. I need that trailing - because it's wacky. i put it in walk away ..
[15:50] {Threei} hell
[15:51] {Threei} who walks away while trading AAPl
[15:51] {Threei} you are kidding :)
[15:51] {lumdus} i do , with trailing stop
[15:51] {Threei} what can I say
[15:51] {Threei} this is not the way to do it
[15:51] {lumdus} you see once it breaks support and start to run , i put the trailing stop and walk away.
[15:52] {Threei} you think it works because you haven't tracked it properly
[15:52] {Threei} want fresh example?
[15:52] {Threei} your trailing stop took you out of that long
[15:52] {Threei} when there was no slightest reason to exit
[15:52] {Threei} not at high, not at stop, not at sign of reversal
[15:53] {Threei} just in the middle of nowhere
[15:53] {lumdus} ok, but at least it protects me from loses. that's what i focus on.
[15:53] {Threei} [15:26] {lumdus} ok, i got .10 trailing stop now.
[15:53] {Threei} [15:27] {lumdus} out .17 + .14
[15:53] {Threei} this one
[15:54] {lumdus} right +.14 is better then negative
[15:54] {Threei} from losses - put your initial stop in if you suspect you may get overwhelmed by emotions
[15:54] {Threei} but to trail it like this is incorrect
[15:54] {Threei} no lum... sorry, this is wrong way to look at it
[15:55] {lumdus} ok, will need to redo myself here.
[15:55] {Threei} let's talk about it more next week
[15:55] {lumdus} ok.
[15:56] {lumdus} damm this market what a reversal that was
[15:56] {Threei} glad we got this trade on th last hour
[15:56] {Threei} made up for boring afternoon
[15:56] {Threei} thank you all
[15:56] {lumdus} oh yes, that was awesome finight to the wek. made up for all day
[15:56] {Threei} have a great weekend
[15:56] {lumdus} you too vad. take care
[15:56] {Threei} see you on Monday
[15:56] {bruce} rimms going up like rocket still
[15:56] {Threei} :)
[15:57] {dptl} have a good weekend all
[15:57] {dino} up 104
[15:57] {dino} 240
[15:57] {dino} +
[15:59] {magoo} hey vad..really..AWESOME read ionto bell
[15:59] {Threei} ty
[15:59] {dino} stick a fork in me.
[15:59] {magoo} i made 1k on it
[15:59] {dino} glad this week is over
[15:59] {Threei} see... trade should come to you
[15:59] {magoo} over 3 trades of course
[15:59] {Threei} perfect
[16:00] {Threei} don't force it
[16:00] {magoo} that was the yes and no
[16:00] {Threei} try to seek it actively, and you find yourself pushing it
[16:00] {Threei} wait for it to come to you, it happens naturally
Thursday, February 21, 2008
Feb 21 2008
Session Time: Thu Feb 21 00:00:00 2008
[08:19] {Threei} Good morning
[08:19] {Threei} was satellite shooting a success?
[08:21] {hawkfan4} my attempt was unsuccessful
[08:21] {Threei} and theirs?
[08:21] {Threei} just need to know if I need an umbrella when I have to go out in a few hours
[08:21] {hawkfan4} no idea
[08:22] {Threei} debris falling from the sky, you know
[08:23] {hawkfan4} Sattelite debris: 'Nothing bigger than a football'
[08:23] {hawkfan4} Honolulu Advertiser, HI - 28 minutes ago
[08:23] {hawkfan4} AP WASHINGTON (AP) — A US missile smashed a disabled spy satellite that was headed for earth and the military is tracking the debris as it falls over the ...
[08:25] {hawkfan4} i think a football size chunk of sattelite could still hurt a bit
[08:28] {Threei} cool, ty
[08:28] {esemde} Vad bruce hawk jm........you all...is up early...
[08:29] {hawkfan4} morning
[08:29] {esemde} my my ....what is going on this morning....shooting satelites out of the sky
[08:30] {Threei} ese :)
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 349K V 349KE; CONTINUING CLAIMS 2.784M V 2.760ME
- Prior jobless claims revised from 348K to 358K
[08:30] {Threei} - Prior continuing claims revised from 2.761M to 2.736M
[08:33] {Threei} MSFT
[08:33] {Threei} EXPECTS TO MAKE SIGNIFICANT COMPANY ANNOUNCEMENT AT 8:30AMPST
- Notes that announcement is not related to Yahoo
[08:33] {Threei} chapter 11?
[08:34] {magoo} mornimng\
[08:34] {esemde} ha ha ha ha......
[08:34] {Threei} magoo :)
[08:35] {esemde} magoo
[08:35] {bruce} mornin hawk
[08:35] {bruce} magstradamus
[08:36] {bruce} the satelites done vad - they nailed it
[08:36] {magoo} they hit that sattelite on first attempt vad, pretty amazing
[08:36] {Threei} no kidding
[08:37] {Threei} stuff right out of Hollywood eh?
[08:37] {magoo} u would think we could place a missile right up osama's butt if we could find him
[08:37] {magoo} they were prepared to fire up to 3 i believe
[08:38] {Threei} ese, look dcc please
[08:43] {magoo} man vad, look at RIMM
[08:43] {magoo} what happened?
[08:45] {hawkfan4} 21-Feb-08 06:37 ET In Play Research In Motion reaffirms EPS & revs guidance; raises subscriber additions guidance (97.91 )
[08:45] {magoo} thanx hawk :)
[08:46] {hawkfan4} np :)
[08:47] {esemde} any word on the MSFT news
[08:47] {Threei} trying to make up my mind whether I want to get back in VLNC as it breaks out again
[08:48] {Threei} no, not yet
[08:48] {Threei} it was 8:30 PST
[08:48] {Threei} not EST
[08:49] {Threei} ETA is 2h 40 m :)
[08:49] {esemde} looked on yahoo....article says yahoo msft done deal
[08:49] {esemde} sorry....now readin another article thats says no deal
[08:51] {Threei} third will say there is no such company as msft... and 4th will deny existence of yahoo
[08:56] {Threei} maybe MSFT will say they abandon software business?
[08:56] {Threei} focus on toilet paper production
[08:57] {esemde} yuk yuk
[08:57] {bruce} cnbc reports fear of stagflation
[08:58] {bruce} satelite debris and now male deer
[08:58] {bruce} always something new to worry about
[09:03] {bruce} just shows you -
[09:04] {bruce} the sky IS falling and the wildlife is out to GET YOU
[09:04] {dino} gm all
[09:04] {Threei} dino :)
[09:04] {bruce} hey dino
[09:05] {esemde} dino
[09:06] {bruce} vdsi gapdown
[09:07] {dino} gm bruce, es, 3i
[09:08] {curtisweese} wow, RIMM had some good breakfast this morning
[09:09] {Threei} question is whether it gets lobster for dinner
[09:09] {bruce} alxn 4 straight large down days
[09:09] {cosmo} ...can't find any news on that satelite ... all that's on is John McCain....wha happened?
[09:10] {Raven}
3 satellite is toast
[09:10] {Raven}
3 they hit it
[09:11] {Threei} and now theskyisfalling
[09:11] {cosmo} where?... over China?
[09:11] {curtisweese} RIMM looks like it is trying to hit same price as AAPL, so they really track together
[09:11] {Raven}
3 dunno ... they hit it when they wanted to hit it
[09:12] {Raven}
3 debris pieces no larger than a football so they say
[09:12] {Raven}
3 wear your hard hat when walking the dog
[09:13] {cosmo} dogs
[09:13] {Raven}
3 dogs ... sorry
[09:13] {curtisweese} NEW YORK (Dow Jones)--Shares of Research In Motion Ltd. (RIMM) rose 11% to $109 before the opening bell Thursday after the BlackBerry service provider boosted its fiscal fourth-quarter subscriber-growth forecast by 15% to 20%.
[09:13] {curtisweese} Total subscribership is expected to stand near 14 million when the quarter ends March 1.
[09:13] {curtisweese} RIM reiterated its forecasts of earnings between 66 cents and 70 cents a share on revenue of $1.8 billion to $1.87 billion. The quarter's results are slated to be issued April 2.
[09:15] {curtisweese} nice work mccain
[09:15] {magoo} on mccain..who gives a hoot? clinton /cigar in white house
[09:15] {magoo} and it was alleged in 2000, 8 yrs ago
[09:16] {Threei} who said you may use fresh dirt only for each battle
[09:17] {dptl} good morning all
[09:17] {Threei} dp :)
[09:17] {curtisweese} "I wasn't friendly with that Lobbyist!!! She was going down on ME!"
[09:17] {dino} lol
[09:18] {magoo} msft"significant company announcemt" @ 11:30
[09:18] {Threei} yes mags
[09:19] {Threei} we had several suggestions about possible topic earlier
[09:19] {Threei} I think I had the coolest idea but ese said it was yuky
[09:19] {curtisweese} what stocks on the radar this morning for possible targetting for trades?
[09:20] {magoo} i just meant thats the time of day
[09:20] {Threei} want to see what VLNC does, for possible continuation,
[09:20] {Threei} COIN is a runner when market runs,
[09:20] {Threei} SEED the same,
[09:20] {Threei} frikin TIVO got away, gapped over resistance
[09:20] {Threei} but still on watch
[09:21] {Threei} and anything that scanner spits out in a process :)
[09:22] {curtisweese} Didn't NVTL have bad earnings? It is up right now.....hmmm
[09:23] {Threei} earnings were OK, guidance was lower
[09:23] {dino} tgt to sell, sti to underperform
[09:25] {bruce} aci poised for possible 55 break
[09:26] {magoo} grmn could recover today if mkt want up
[09:26] {magoo} on watch
[09:26] {curtisweese} i was looking at grmn too........
[09:26] {cosmo} BCSI pre mkt high = 31.22 fwiw
[09:27] {dino} throw some heat to PA, that 6 degree 2 mile is getting old
[09:28] {dino} ssrx
[09:28] {curtisweese} jeez ....if market stutters, aapl might be a good short candidate ....down to 124.45 (or it could race up and take all my money
[09:31] {bruce} bcsi long vad?
[09:31] {magoo} watching rimm as bounce, any read vad?
[09:32] {Threei} let initial market jumps end and show direction
[09:32] {dino} tgt s .50
[09:32] {Threei} TIVO, 9.10 long if gets hit
[09:33] {Threei} if loses 9, re-evaluating later
[09:33] {curtisweese} NVTL just got crushed
[09:33] {curtisweese} aapl short would have worked....grrr
[09:33] {Threei} RIMM becomes interesing
[09:34] {Threei} still a bit too jumpy
[09:34] {magoo} yep
[09:34] {bruce} if tivo fires - stop just under 9?
[09:34] {Threei} depends on where it bottoms out on this pullback
[09:35] {bruce} pros big jump
[09:36] {Threei} if market jumps, aggressive entry possible on TIVO
[09:36] {Threei} only into upticking resumed, not while it sells
[09:36] {magoo} schizo open
[09:37] {bruce} itri going long - real jumpy stock though
[09:38] {cosmo} snps
[09:38] {dino} tgt stopped -.31
[09:39] {Threei} COIN .20 long half lot if stays above 12
[09:40] {Threei} TIVO triggered
[09:41] {Threei} COIN invalidated
[09:42] {curtisweese} what exits for TVIO? i'm in barely
[09:42] {Threei} SOLF .60 long half lot
[09:43] {Threei} stop under .40
[09:43] {Threei} let it trade for now curtis
[09:45] {Threei} look to sell half on spike over .20
[09:49] {Threei} JNPR .41 long if stays above .30
[09:51] {curtisweese} man grmn keeps dropping
[09:53] {dino} waiting at 62.01
[09:54] {dino} close to retest]
[09:54] {bruce} crox possible short
[09:54] {magoo} grmn 52 wk low 50
[09:55] {Threei} FABER ON CNBC SAYS HE'S HEARING THE MSFT ANNOUNCEMENT CONCERNS "INTEROPERABILITY"
[09:55] {dino} yesterday magoo, stay w/me
[09:55] {curtisweese} dino, you going to buy in on GRMN at 62.01 then?
[09:55] {magoo} i meant, near lows
[09:56] {dino} if it gets there
[09:56] {magoo} off of 145
[09:56] {dino} if mkt goes up, i'll have to move up too
[09:57] {dino} not going to get there
[09:57] {Threei} we have numbers in couple min
[09:58] {Threei} leading indicator
[09:58] {Threei} and philadelphia index
[09:59] {curtisweese} missed it this jump
[09:59] {dino} maybe so
[10:00] {Threei} JAN LEADING INDICATORS: -0.1% V -0.1%E- prior revised from -0.2% to %
[10:00] {Threei} FEB PHILADELPHIA FED INDEX: -24 V -10E
[10:00] {Threei} wow
[10:00] {dino} mkt drop
[10:01] {Threei} - New Orders: -10.9 v -15.2 prior
[10:01] {Threei} - Employment: 2.5 v -1.5 prior
[10:01] {Threei} - Prices Paid: 46.6 v 49.8 prior
[10:01] {Threei} - Inventories: -13 v -11.7 prior
[10:02] {magoo} man, schozo mkt
[10:03] {cosmo} ssrx healing?
[10:03] {cosmo} 8.75 hod
[10:03] {cosmo} so far
[10:05] {Chaeron} hi all
[10:05] {Threei} chaeron :)
[10:05] {curtisweese} patience you going to Bellevue Square mall tomorrow?
[10:05] {dino} itri sm s .41
[10:05] * magoo slaps Chaeron around a bit with a large trout
[10:06] {Chaeron} heheh
[10:08] {dino} hurn l .50
[10:09] {bruce} tivo stop just under 9?
[10:09] {Threei} yes
[10:09] {dino} itri stopped -.40 sm
[10:09] {esemde} CSGP....
[10:11] {magoo} double bottom rimm vad?
[10:12] {Threei} yes but don't chase, use its natural volaitlity to get in on pullback
[10:12] {Threei} there
[10:14] {Threei} chart wise pullback was just right, now it's in NQ hands
[10:14] {Threei} you got it?
[10:14] {magoo} out
[10:14] {magoo} + .30
[10:15] {Threei} .30 - .81 here
[10:15] {magoo} small
[10:15] {magoo} TY
[10:15] {Threei} and too soon, lol
[10:15] {magoo} again
[10:16] {Threei} need pullback to .50 to get me interested again but doesn't look like going to happen
[10:20] {Threei} US TREASURY'S STEEL: STUDYING NEW MORTGAGE REFINANCING PROPOSAL INVOLVING "NEGATIVE EQUITY CERTIFICATES"- Ideas to help prevent US homeowners from entering foreclosure a good thing
[10:26] {Threei} KLAC .31 long if stays above .20
[10:27] {magoo} full?
[10:27] {Threei} yes
[10:29] {Threei} holding well so far, needs market help
[10:29] {magoo} bounced right at .21
[10:29] {Threei} noticeably stronger than overall market
[10:29] {curtisweese} GRMN is fighting and seems like it doesn't want to drop down to 62ish
[10:30] {Threei} 1:1
[10:30] {magoo} in
[10:30] {dino} vtal s .64
[10:30] {dptl} out klac ty
[10:30] {Threei} welcome
[10:30] {Threei} DOE CRUDE: +4.2M V +2.5ME ; GASOLINE: +1.03M V +700KE ; DISTILLATES: V -1.6ME ; UTILIZATION: % V 85.1%E
[10:30] {Chaeron} in KLAC
[10:32] {magoo} way fast..i still in
[10:33] {magoo} mkt killing it
[10:34] {Threei} as long as .20 holding, it's valid
[10:34] {magoo} mkt spike down scared mago
[10:35] {curtisweese} in GRMN 63.10 come on market!
[10:36] {Threei} stop 62.90 IMO, curtis
[10:36] {curtisweese} i put it at .80, but .90 sounds great
[10:36] {Threei} latest bounce is off .93
[10:37] {magoo} klac always gets me
[10:39] {Chaeron} me too
[10:39] {cosmo} ntes
[10:39] {cosmo} late
[10:42] {bruce} vdsi possible long reversal here
[10:42] {dino} vtal bstop to .20
[10:43] {dino} lod's
[10:46] {magoo} what the f is wrong now with mkt?
[10:46] {curtisweese} msft announcement
[10:46] {curtisweese} interoperability
[10:47] {dino} vtal to .11
[10:49] {dino} vtal cov .11, +.53
[10:50] {dino} grmn l .00
[10:51] {bruce} givn dino
[10:52] {dino} y
[10:54] {curtisweese} i'm out on GRMN +$.08 only hehehe...i got scared
[10:54] {dino} out grmn .24, +.24
[10:54] {dino} way soon
[10:54] {curtisweese} crap!! forgot about tivo......down n that a lot....
[10:55] {bruce} klac short setup now
[10:56] {curtisweese} threei you out on TIVO now right...i forgot to set stop ... :(
[10:57] {Threei} it lost 9... of course out
[10:57] {curtisweese} i only had small shares so no biggie :)
[10:57] {curtisweese} lol...now it goes up a bit
[10:59] {magoo} short qid vad?
[10:59] {Threei} hmmm
[10:59] {Threei} you see nasdaq as reversal here?
[10:59] {magoo} soon
[10:59] {Threei} not yet...
[11:01] {dino} vtal s .96
[11:01] {dino} stop .21
[11:01] {curtisweese} dang, i wish i had shorted AAPL this morning
[11:02] {dino} grmn getting stronger imo
[11:02] {curtisweese} yep wiating for 63.78 or so to buy again
[11:04] {curtisweese} or short...lol
[11:05] {bruce} vad asyt -looks like your kind of long play
[11:06] {Threei} way too slow...
[11:06] {dino} ima l .15
[11:08] {bruce} k
[11:10] {curtisweese} shorted GRMN at 63.50
[11:11] {dino} vtal stopped -.26
[11:13] {bruce} gutsy curtis - nice move
[11:13] {curtisweese} out GRMN short +$.30
[11:14] {dino} gj
[11:14] {curtisweese} thx...got me back after my tivo bloodbath...lol!!!
[11:14] {magoo} uh, vad...........
[11:14] {Threei} I need to review my definitions
[11:15] {magoo} look right
[11:15] {Threei} 11 cents stop bloodbath?
[11:15] * Threei slaps Laserdave1 around a bit with a large trout
[11:15] * magoo slaps Laserdave1 around a bit with a large trout
[11:15] {magoo} chaer??
[11:15] {curtisweese} noooo! i forgot to set my stop and that I was sitting on TIVO....i got sidetracked.....my fault all the way
[11:16] {Laserdave1} hey guys
[11:16] {Threei} even the worst level it reached hardly qualifies as bloodbath, really
[11:16] {dino} he did say that
[11:16] {curtisweese} need GRMN to drop and marktet to just stay stagnant and we can ride it back up $.30 or so it looks like
[11:18] {curtisweese} bought GRMN 62.93
[11:19] {Threei} COIN...
[11:19] {magoo} i wish it was shortable
[11:19] {esemde} I'm gone...all....have a great rest of the day
[11:20] {magoo} wait!!!!!!!!!!!!!!
[11:20] {Threei} take care ese
[11:20] * magoo slaps esemde around a bit with a large trout
[11:20] {esemde} ouuuuuu......felt good
[11:21] {curtisweese} market big drop and GRMN holds....looks good to me as a newbie for $.03 now
[11:21] {curtisweese} i mean $.20 to .30
[11:21] {bruce} careful with grmn curtis - tricky stock
[11:23] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:23] {Chaeron} sorry... was on phone with bank...... (bastards)
[11:23] {magoo} finally
[11:27] {dino} alxn l .60
[11:32] {curtisweese} out GRMN +$.40
[11:32] {curtisweese} too early but pigs get slaughtered ;)
[11:36] {bruce} nice curtis
[11:37] {curtisweese} i think i got the highest price before it dropped....too close for comfort!
[11:40] {Threei} RIMM .61 long
[11:40] {Threei} stop under .40
[11:42] {bruce} ftek long vadster?
[11:43] {Threei} trades by appointment... can't read that
[11:43] {curtisweese} hahahaha
[11:44] {curtisweese} GRMN consolidates....can't figure out which way it is gonna go.... :(
[11:45] {Threei} NASDAQ feels to me like preparing to jump
[11:46] {curtisweese} lunch coming...what does that do typically to the market? anything?
[11:46] {Threei} puts it to sleep
[11:46] {Chaeron} just like it does to me... in RIMM .55
[11:47] {curtisweese} GRMN too close to resistance for me to count on market uptick right now....grrrr
[11:48] {Threei} RIMM 1:1
[11:48] {curtisweese} woot
[11:48] {magoo} is that all we after..usually we type "too soon"
[11:48] {Threei} NASDAQ does it
[11:49] {Threei} I want more mags
[11:49] {Chaeron} out RIMM + .30 Thanks Vad
[11:49] {Threei} but hey
[11:49] {Threei} welcome
[11:49] {curtisweese} nice work on RIMM everyone
[11:49] {Threei} don't let my greed cloud your judgement
[11:49] {curtisweese} Vad is the man!
[11:49] {magoo} i take offence
[11:49] {magoo} i am just as greedy as u
[11:49] {Threei} lol
[11:50] {Threei} but I do partial mags
[11:51] {Threei} guys, wierd stock... see if you can read it
[11:51] {dino} ima stopped -.35
[11:51] {Threei} momo is there
[11:51] {Threei} and sector is attractive
[11:51] {Threei} but volatile as hell
[11:51] {Threei} NOEC
[11:53] {Threei} RUSSIAN FOREIGN MINISTER TELLS GEORGIA THAT JOINING NATO WILL HAVE "CONSEQUENCES"
[11:53] {curtisweese} s GRMN again 63.50 risky!
[11:57] {curtisweese} out GRMN short +$.16
[11:59] {bruce} rimm looks good for more but market not really helping here
[12:00] {curtisweese} darn...ouot too early on the short, but safer this way
[12:01] {magoo} today blows..can't get more than dime
[12:02] {magoo} and only a second to gret it
[12:05] {Threei} market digests a lot of things... needs time to decide
[12:06] {curtisweese} GRMN getting close to buy point again but market could drop and then it will crash...me scared!
[12:09] {bruce} crox looks short
[12:10] {curtisweese} bought GRMN again 63
[12:10] {curtisweese} risky again
[12:12] {dino} s vsec .19
[12:14] {Chaeron} LIBYIAN OIL MINISTER: PRICES LIKELY TO KEEP RISING DUE TO POLITICS AND SPECULATION{USO}
[12:15] {Threei} LIBYIAN FINANCE MINISTER: boy, let it be true
[12:20] {dino} stopped vsec
[12:21] {Threei} NQ makes new lows, RIMM and NVDA don't
[12:21] {Threei} RIMM feels like best bounce candidate on market bounce
[12:23] {Threei} .61 long if stays above .40
[12:24] {magoo} in
[12:26] {Threei} 1:1
[12:26] {magoo} out .85 TY
[12:26] {Threei} :)
[12:27] {magoo} where would u reload it?
[12:28] {Threei} it's "read as you go" market...
[12:28] {Threei} can't tell in advance
[12:28] {magoo} feels up tho
[12:28] {Chaeron} nice one Vad
[12:28] {Chaeron} gj magoo
[12:29] {magoo} ty
[12:33] {dino} alxn stopped flat
[12:33] {bruce} nice read vad - I couldn't read rim one way or other there
[12:35] {dino} ima l .07
[12:39] {Threei} guys, I need to make quick dash to the bank... will be back asap
[12:39] {Threei} (now, where is my ski mask and grenade...)
[12:39] {Chaeron} damn mid day mulitimillion$ deposit runs that you make Vad.......
[12:39] {bruce} k-
[12:39] {bruce} use the instnat teller vad
[12:40] {bruce} it's friendlier
[12:40] {Threei} it doesn't respond to "now, fill this bag, and be quick"
[12:40] {bruce} lol
[12:42] {curtisweese} bought GRMN at 62.80
[12:42] {magoo} u winning on that overall today?
[12:43] {curtisweese} up $1000 on it, but was down 700
[12:43] {dino} amag l .00
[12:43] {magoo} ok then
[12:43] {magoo} nice
[12:49] {dino} ima stopped -.30 done w/it
[12:54] {magoo} l rimm .84
[12:54] {magoo} if mkt goes it should
[12:55] {bruce} I like alxn long here dino
[12:56] {curtisweese} out on GRMN +$.11
[12:56] {bruce} 15c stop looks OK here
[12:57] {dino} holds well
[12:57] {dino} bbottomed around .25 an hour or so agop
[13:05] {magoo} wqaiting .17
[13:05] {magoo} dunno tho
[13:05] {bruce} I was wrong - support didn't hold
[13:06] {bruce} stopped -.14
[13:10] {magoo} stopped
[13:10] {curtisweese} out on GRMN short
[13:11] {magoo} f'in mkt
[13:16] {Chaeron} not a good read day...
[13:17] {Chaeron} Threei's been nailing a few tho... wish his getaway car was faster to get him back here :)
[13:18] {curtisweese} bought GRMN at 62.68
[13:28] {bruce} klac looks like long to me here
[13:29] {magoo} i like RIMM long
[13:31] {curtisweese} here we go....come one!!
[13:31] {curtisweese} i mean come on!!
[13:31] {dino} athn l .85 stop .49
[13:38] {bruce} esi dino
[13:41] {dino} looks up
[13:42] {curtisweese} up on GRMN.....if it breaks 62.94, then I think I'm really happy
[13:45] {bruce} esi still has room for long - possibly a pullback entry?
[13:50] {dino} yes, the only concern, cpla, esi, apol all hit on student loans/financing/auction issues
[13:50] {bruce} k - you think we should leave it alone then?
[13:51] {bruce} initial spike to .60 looked strong
[13:51] {dino} lol my thinking is off today, but i am leaving them alone
[13:51] {bruce} k
[13:51] {bruce} I scalpedit for 10c
[13:52] {bruce} exited on your warning
[13:52] {dino} gj
[13:55] {bruce} lol - win not worth risk - but at leasat it was postiive
[13:56] {curtisweese} here we go...come on....i'm back to even on GRMN
[14:02] {_leo1} hi
[14:02] {bruce} taking break
[14:03] {dino} welcome leo
[14:03] {_leo1} :)
[14:05] {Threei} back
[14:05] {Threei} hi leo
[14:05] {_leo1} hi
[14:05] {Chaeron} bout time....
[14:05] {Chaeron} any probs?
[14:06] {Threei} ok guys, confess... what did you do to market while I was away?
[14:06] {Chaeron} hi leo... didn't see you come in
[14:06] {Chaeron} welcome
[14:06] {_leo1} :)
[14:07] {Threei} 127 break long RIMM if holding above .80
[14:07] {Threei} 107, sorry
[14:09] {Threei} needs NQ to break 1780
[14:11] {Chaeron} in
[14:11] {dino} ugh alxn bruce
[14:11] {Chaeron} .01 sorry
[14:11] {Threei} come on NASDAQ, show some character
[14:12] {magoo} in rimm btw
[14:15] {Threei} good boy RIMM
[14:15] {Threei} up you go
[14:15] {Threei} just don't take your directions from Garmin
[14:15] {curtisweese} hey!!
[14:15] {Threei} lol
[14:16] {magoo} out .23
[14:16] {Threei} 1:1, half out
[14:16] {magoo} TY
[14:16] {Threei} scalpers know what to do
[14:16] * magoo slaps Threei around a bit with a large trout
[14:16] {Threei} hmmm
[14:16] {Threei} me gets back
[14:16] {Threei} me brings magoo money
[14:16] {Threei} magoo slaps me
[14:16] {Threei} anyone finds it sensible?
[14:16] {magoo} thats for just waltzing back in here and picking a winner...rude...slacker
[14:16] {Threei} lol
[14:17] {Threei} if tyou kept half, stop to .89
[14:18] {Threei} and look to dump it closer to .40 - .50
[14:18] {Threei} and btw magoo... that wasn't waltz... that was tango
[14:19] {Threei} as for "rude" comment... I'll have to agree
[14:19] {Threei} that's me
[14:21] {magoo} how'd robbery go?
[14:21] {Threei} fine
[14:21] {Threei} grenade throwing wasn't warranted
[14:21] {magoo} till or vault?
[14:21] {Threei} but I really wanted to have some fun
[14:21] {Chaeron} where you think he got the $$$ for the RIMM trade?
[14:21] {curtisweese} RIMM junkie
[14:21] {Threei} here comes .40
[14:22] {Chaeron} out at .40.... + .39... Thanks Vad
[14:22] {Threei} you are welcome sir
[14:22] {magoo} i reloaded ,20
[14:22] {Chaeron} damn I like Laser execution...
[14:22] {Threei} see magoo how polite people react on winner
[14:22] {Chaeron} and then plug product?
[14:22] {Chaeron} lol
[14:22] {Threei} they say thank you and don't use trout
[14:22] {magoo} out .43 fl
[14:22] {magoo} TY
[14:22] * magoo slaps Threei around a bit with a large trout
[14:22] {Threei} welcome :)
[14:22] * Chaeron slaps Threei around a bit with a large trout
[14:22] {Threei} sheesh
[14:23] {Threei} lol
[14:23] {Threei} I'll go rob another bank
[14:23] {Chaeron} there goes .50
[14:23] {Chaeron} :P
[14:23] {Chaeron} lol
[14:23] {Threei} you guys simply have no concept of covilized behavior
[14:23] {Chaeron} yeah well, you let anyone in here.......
[14:23] {Threei} leo, you have fresh eye... see what I have to put up with?
[14:23] {curtisweese} i just stopped in to use the bathroom
[14:24] {Threei} gang I rob banks with is less of bandits than these guys
[14:24] {Chaeron} heck with his eye... I hope he took the trade
[14:24] {Threei} out RIMM .45
[14:25] {dptl} lol...you guys:)......got to go .....have a good evening all :)
[14:25] {Threei} take care dp
[14:27] {Chaeron} .
[14:28] {magoo} bye dp:)
[14:31] {Threei} 1785 is now critical level for NQ
[14:31] {Threei} if we break it, uptrend should hold for a while
[14:32] {Threei} and if downtrend resumes, NVDA will be my short candidate
[14:34] {Threei} not looking to go long NVDA, doesn't feel appealing
[14:36] {Threei} AAPL intriguing
[14:36] {Threei} long as close to 123 as possible
[14:37] {Threei} stop under 122.90
[14:37] {Threei} NQ breaks 1785, AAPL should give .35-.40 easy
[14:38] {Threei} in
[14:39] {Threei} no worky
[14:39] {Chaeron} out AAPL -.11
[14:39] {Threei} same
[14:39] {Threei} price of aggresive entry
[14:39] {curtisweese} out GRMN +$.22
[14:40] {curtisweese} shorting GRMN now at 62.85
[14:43] {Threei} missed NVDA close to .60 resissatnce, was at .54 when NASDAQ started its descend
[14:43] {Threei} grr
[14:46] {Threei} AMZN is having bad case of deforestation or what
[14:48] {curtisweese} i lost on that short :( -$.22
[14:48] {Threei} GRMN?
[14:49] {curtisweese} i short....nasdaq drops a lot and GRMN decides to spike up....lol
[14:49] {Threei} why you insist on trading it?
[14:49] {Threei} leave it alone, it's not an easy stock to navigate today
[14:49] {Threei} also, compare its chart with one of NASDAQ
[14:49] {Threei} do you see mcuh correlation?
[14:50] {curtisweese} no
[14:50] {Threei} it trades on its own today
[14:51] {magoo} vad, aapl bounce??
[14:51] {Threei} not sure
[14:51] {Threei} but what the hell is going on with AMZN?
[14:52] {magoo} u thinkin bounce?
[14:52] {Threei} yes, .30 long .10 stop
[14:53] {Threei} double bottom comfirmation
[14:53] {curtisweese} have a good one everyone. i have to go hit my normal job up now. :)
[14:54] {Threei} take care curtis
[14:54] {magoo} bye curt:)
[14:54] {Threei} .26 trigger AMZN
[14:55] {magoo} in .25
[14:55] {Threei} no
[14:55] {dino} cya curt
[14:55] {Threei} .25 is resistance by big seller
[14:55] {Threei} need to see his giving up first
[14:56] {Threei} there... now it should go
[14:56] {Chaeron} sigh.... AMZN... nice aggressive entry magoo
[14:58] {Threei} .50 break is next milestone
[14:58] {magoo} out .45 TY
[14:59] {Threei} after that .70-.80 should be piece of cake
[15:01] {Threei} NASDAQ just can't hold anything today, can it
[15:03] {Threei} can't believe I missed NVDA short
[15:08] {curtisweese} Don't hate me but I bought GRMN big at 62.61 I couldn't help it, it is soooo cheap
[15:08] {curtisweese} okay, i gotta go though....quick scalp and out
[15:08] {Threei} lol
[15:08] {Threei} we won't hate you this time
[15:08] {Threei} but tomorrow will be totally different story
[15:09] {Threei} I don't see any AMZN news
[15:09] {dino} amag stop flat
[15:09] {Threei} it's much weaker than market warrants
[15:13] {dino} athn stopped -.35
[15:14] {dino} grmn l .70
[15:15] {curtisweese} yay...a fellow GRMN trader....i might play this as a swing since i don't want to sell and have to leave.....hmmmm
[15:16] {Threei} ah come on
[15:16] {Threei} is it worth such risk?
[15:16] {curtisweese} hahahahhaa!!1
[15:16] {curtisweese} just kiddin
[15:16] {curtisweese} that was for you
[15:16] {Threei} for all you know it can open another 10 points down tomorrow
[15:17] {dino} such negativity
[15:18] {curtisweese} dino, you gonna ride it past $62.94 range or bail?
[15:21] {dino} thought so, but...
[15:21] {dino} am waiting at 63.34, but depends
[15:22] {curtisweese} if market comes back just a bit, it runs past i think...but market sucks
[15:22] {dino} agree
[15:23] {dino} on all counts
[15:23] {curtisweese} it's going up while market drops, so it WANTS to go up....lol
[15:26] {dino} wall at .00
[15:27] {curtisweese} here we go
[15:27] {curtisweese} come on ...just a lil push from market
[15:27] {curtisweese} doh!
[15:29] {bruce} heading out
[15:29] {bruce} take care all
[15:29] {Threei} take care bruce
[15:30] {dino} cya bruce
[15:31] {curtisweese} out
[15:31] {dino} out .10, +.40
[15:31] {Threei} good job
[15:31] {curtisweese} out GRMN +$.54 for me with a 1000 shars.....yay!!
[15:32] {magoo} vad, aapl long/
[15:32] {magoo} rimm long?
[15:32] {dino} gj
[15:36] {Threei} no magoo
[15:38] {curtisweese} shorting GRMN lol!!
[15:40] {curtisweese} out on short..... +$.11
[15:41] {dino} qid s .02
[15:41] {curtisweese} ok...now i'm late....bye everyone see you tomorrow (i hope){don't want to jinx myself}
[15:48] {Chaeron} see you guys tomorrow too.... thanks all... thanks Vad
[15:48] {Threei} take care chaeron
[15:53] {Threei} nervous market
[15:53] {Threei} what else is new though
[15:54] {dino} qid stopped -.16
[15:57] {dino} spwr l .35
[15:57] {Threei} OK guys, thank you all
[15:57] {Threei} have a good evening, see you tomorrow
[15:57] {magoo} ty vad
[15:57] {dino} out .65, +.30
[15:57] {Threei} since we alternate days now, tomorrow is bull market
[15:58] {dino} tomorrow gap down open then close positive. this is the new way
[15:59] {dino} nnds
[15:59] {Threei} and overall up is new down
[16:00] {Threei} down is new up
[16:00] {Threei} what's with HOKU?
[16:00] {Threei} magoo bought whole float or what
[16:02] {magoo} intu bad?
[08:19] {Threei} Good morning
[08:19] {Threei} was satellite shooting a success?
[08:21] {hawkfan4} my attempt was unsuccessful
[08:21] {Threei} and theirs?
[08:21] {Threei} just need to know if I need an umbrella when I have to go out in a few hours
[08:21] {hawkfan4} no idea
[08:22] {Threei} debris falling from the sky, you know
[08:23] {hawkfan4} Sattelite debris: 'Nothing bigger than a football'
[08:23] {hawkfan4} Honolulu Advertiser, HI - 28 minutes ago
[08:23] {hawkfan4} AP WASHINGTON (AP) — A US missile smashed a disabled spy satellite that was headed for earth and the military is tracking the debris as it falls over the ...
[08:25] {hawkfan4} i think a football size chunk of sattelite could still hurt a bit
[08:28] {Threei} cool, ty
[08:28] {esemde} Vad bruce hawk jm........you all...is up early...
[08:29] {hawkfan4} morning
[08:29] {esemde} my my ....what is going on this morning....shooting satelites out of the sky
[08:30] {Threei} ese :)
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 349K V 349KE; CONTINUING CLAIMS 2.784M V 2.760ME
- Prior jobless claims revised from 348K to 358K
[08:30] {Threei} - Prior continuing claims revised from 2.761M to 2.736M
[08:33] {Threei} MSFT
[08:33] {Threei} EXPECTS TO MAKE SIGNIFICANT COMPANY ANNOUNCEMENT AT 8:30AMPST
- Notes that announcement is not related to Yahoo
[08:33] {Threei} chapter 11?
[08:34] {magoo} mornimng\
[08:34] {esemde} ha ha ha ha......
[08:34] {Threei} magoo :)
[08:35] {esemde} magoo
[08:35] {bruce} mornin hawk
[08:35] {bruce} magstradamus
[08:36] {bruce} the satelites done vad - they nailed it
[08:36] {magoo} they hit that sattelite on first attempt vad, pretty amazing
[08:36] {Threei} no kidding
[08:37] {Threei} stuff right out of Hollywood eh?
[08:37] {magoo} u would think we could place a missile right up osama's butt if we could find him
[08:37] {magoo} they were prepared to fire up to 3 i believe
[08:38] {Threei} ese, look dcc please
[08:43] {magoo} man vad, look at RIMM
[08:43] {magoo} what happened?
[08:45] {hawkfan4} 21-Feb-08 06:37 ET In Play Research In Motion reaffirms EPS & revs guidance; raises subscriber additions guidance (97.91 )
[08:45] {magoo} thanx hawk :)
[08:46] {hawkfan4} np :)
[08:47] {esemde} any word on the MSFT news
[08:47] {Threei} trying to make up my mind whether I want to get back in VLNC as it breaks out again
[08:48] {Threei} no, not yet
[08:48] {Threei} it was 8:30 PST
[08:48] {Threei} not EST
[08:49] {Threei} ETA is 2h 40 m :)
[08:49] {esemde} looked on yahoo....article says yahoo msft done deal
[08:49] {esemde} sorry....now readin another article thats says no deal
[08:51] {Threei} third will say there is no such company as msft... and 4th will deny existence of yahoo
[08:56] {Threei} maybe MSFT will say they abandon software business?
[08:56] {Threei} focus on toilet paper production
[08:57] {esemde} yuk yuk
[08:57] {bruce} cnbc reports fear of stagflation
[08:58] {bruce} satelite debris and now male deer
[08:58] {bruce} always something new to worry about
[09:03] {bruce} just shows you -
[09:04] {bruce} the sky IS falling and the wildlife is out to GET YOU
[09:04] {dino} gm all
[09:04] {Threei} dino :)
[09:04] {bruce} hey dino
[09:05] {esemde} dino
[09:06] {bruce} vdsi gapdown
[09:07] {dino} gm bruce, es, 3i
[09:08] {curtisweese} wow, RIMM had some good breakfast this morning
[09:09] {Threei} question is whether it gets lobster for dinner
[09:09] {bruce} alxn 4 straight large down days
[09:09] {cosmo} ...can't find any news on that satelite ... all that's on is John McCain....wha happened?
[09:10] {Raven}
3 satellite is toast
[09:10] {Raven}
3 they hit it
[09:11] {Threei} and now theskyisfalling
[09:11] {cosmo} where?... over China?
[09:11] {curtisweese} RIMM looks like it is trying to hit same price as AAPL, so they really track together
[09:11] {Raven}
3 dunno ... they hit it when they wanted to hit it
[09:12] {Raven}
3 debris pieces no larger than a football so they say
[09:12] {Raven}
3 wear your hard hat when walking the dog
[09:13] {cosmo} dogs
[09:13] {Raven}
3 dogs ... sorry
[09:13] {curtisweese} NEW YORK (Dow Jones)--Shares of Research In Motion Ltd. (RIMM) rose 11% to $109 before the opening bell Thursday after the BlackBerry service provider boosted its fiscal fourth-quarter subscriber-growth forecast by 15% to 20%.
[09:13] {curtisweese} Total subscribership is expected to stand near 14 million when the quarter ends March 1.
[09:13] {curtisweese} RIM reiterated its forecasts of earnings between 66 cents and 70 cents a share on revenue of $1.8 billion to $1.87 billion. The quarter's results are slated to be issued April 2.
[09:15] {curtisweese} nice work mccain
[09:15] {magoo} on mccain..who gives a hoot? clinton /cigar in white house
[09:15] {magoo} and it was alleged in 2000, 8 yrs ago
[09:16] {Threei} who said you may use fresh dirt only for each battle
[09:17] {dptl} good morning all
[09:17] {Threei} dp :)
[09:17] {curtisweese} "I wasn't friendly with that Lobbyist!!! She was going down on ME!"
[09:17] {dino} lol
[09:18] {magoo} msft"significant company announcemt" @ 11:30
[09:18] {Threei} yes mags
[09:19] {Threei} we had several suggestions about possible topic earlier
[09:19] {Threei} I think I had the coolest idea but ese said it was yuky
[09:19] {curtisweese} what stocks on the radar this morning for possible targetting for trades?
[09:20] {magoo} i just meant thats the time of day
[09:20] {Threei} want to see what VLNC does, for possible continuation,
[09:20] {Threei} COIN is a runner when market runs,
[09:20] {Threei} SEED the same,
[09:20] {Threei} frikin TIVO got away, gapped over resistance
[09:20] {Threei} but still on watch
[09:21] {Threei} and anything that scanner spits out in a process :)
[09:22] {curtisweese} Didn't NVTL have bad earnings? It is up right now.....hmmm
[09:23] {Threei} earnings were OK, guidance was lower
[09:23] {dino} tgt to sell, sti to underperform
[09:25] {bruce} aci poised for possible 55 break
[09:26] {magoo} grmn could recover today if mkt want up
[09:26] {magoo} on watch
[09:26] {curtisweese} i was looking at grmn too........
[09:26] {cosmo} BCSI pre mkt high = 31.22 fwiw
[09:27] {dino} throw some heat to PA, that 6 degree 2 mile is getting old
[09:28] {dino} ssrx
[09:28] {curtisweese} jeez ....if market stutters, aapl might be a good short candidate ....down to 124.45 (or it could race up and take all my money
[09:31] {bruce} bcsi long vad?
[09:31] {magoo} watching rimm as bounce, any read vad?
[09:32] {Threei} let initial market jumps end and show direction
[09:32] {dino} tgt s .50
[09:32] {Threei} TIVO, 9.10 long if gets hit
[09:33] {Threei} if loses 9, re-evaluating later
[09:33] {curtisweese} NVTL just got crushed
[09:33] {curtisweese} aapl short would have worked....grrr
[09:33] {Threei} RIMM becomes interesing
[09:34] {Threei} still a bit too jumpy
[09:34] {magoo} yep
[09:34] {bruce} if tivo fires - stop just under 9?
[09:34] {Threei} depends on where it bottoms out on this pullback
[09:35] {bruce} pros big jump
[09:36] {Threei} if market jumps, aggressive entry possible on TIVO
[09:36] {Threei} only into upticking resumed, not while it sells
[09:36] {magoo} schizo open
[09:37] {bruce} itri going long - real jumpy stock though
[09:38] {cosmo} snps
[09:38] {dino} tgt stopped -.31
[09:39] {Threei} COIN .20 long half lot if stays above 12
[09:40] {Threei} TIVO triggered
[09:41] {Threei} COIN invalidated
[09:42] {curtisweese} what exits for TVIO? i'm in barely
[09:42] {Threei} SOLF .60 long half lot
[09:43] {Threei} stop under .40
[09:43] {Threei} let it trade for now curtis
[09:45] {Threei} look to sell half on spike over .20
[09:49] {Threei} JNPR .41 long if stays above .30
[09:51] {curtisweese} man grmn keeps dropping
[09:53] {dino} waiting at 62.01
[09:54] {dino} close to retest]
[09:54] {bruce} crox possible short
[09:54] {magoo} grmn 52 wk low 50
[09:55] {Threei} FABER ON CNBC SAYS HE'S HEARING THE MSFT ANNOUNCEMENT CONCERNS "INTEROPERABILITY"
[09:55] {dino} yesterday magoo, stay w/me
[09:55] {curtisweese} dino, you going to buy in on GRMN at 62.01 then?
[09:55] {magoo} i meant, near lows
[09:56] {dino} if it gets there
[09:56] {magoo} off of 145
[09:56] {dino} if mkt goes up, i'll have to move up too
[09:57] {dino} not going to get there
[09:57] {Threei} we have numbers in couple min
[09:58] {Threei} leading indicator
[09:58] {Threei} and philadelphia index
[09:59] {curtisweese} missed it this jump
[09:59] {dino} maybe so
[10:00] {Threei} JAN LEADING INDICATORS: -0.1% V -0.1%E- prior revised from -0.2% to %
[10:00] {Threei} FEB PHILADELPHIA FED INDEX: -24 V -10E
[10:00] {Threei} wow
[10:00] {dino} mkt drop
[10:01] {Threei} - New Orders: -10.9 v -15.2 prior
[10:01] {Threei} - Employment: 2.5 v -1.5 prior
[10:01] {Threei} - Prices Paid: 46.6 v 49.8 prior
[10:01] {Threei} - Inventories: -13 v -11.7 prior
[10:02] {magoo} man, schozo mkt
[10:03] {cosmo} ssrx healing?
[10:03] {cosmo} 8.75 hod
[10:03] {cosmo} so far
[10:05] {Chaeron} hi all
[10:05] {Threei} chaeron :)
[10:05] {curtisweese} patience you going to Bellevue Square mall tomorrow?
[10:05] {dino} itri sm s .41
[10:05] * magoo slaps Chaeron around a bit with a large trout
[10:06] {Chaeron} heheh
[10:08] {dino} hurn l .50
[10:09] {bruce} tivo stop just under 9?
[10:09] {Threei} yes
[10:09] {dino} itri stopped -.40 sm
[10:09] {esemde} CSGP....
[10:11] {magoo} double bottom rimm vad?
[10:12] {Threei} yes but don't chase, use its natural volaitlity to get in on pullback
[10:12] {Threei} there
[10:14] {Threei} chart wise pullback was just right, now it's in NQ hands
[10:14] {Threei} you got it?
[10:14] {magoo} out
[10:14] {magoo} + .30
[10:15] {Threei} .30 - .81 here
[10:15] {magoo} small
[10:15] {magoo} TY
[10:15] {Threei} and too soon, lol
[10:15] {magoo} again
[10:16] {Threei} need pullback to .50 to get me interested again but doesn't look like going to happen
[10:20] {Threei} US TREASURY'S STEEL: STUDYING NEW MORTGAGE REFINANCING PROPOSAL INVOLVING "NEGATIVE EQUITY CERTIFICATES"- Ideas to help prevent US homeowners from entering foreclosure a good thing
[10:26] {Threei} KLAC .31 long if stays above .20
[10:27] {magoo} full?
[10:27] {Threei} yes
[10:29] {Threei} holding well so far, needs market help
[10:29] {magoo} bounced right at .21
[10:29] {Threei} noticeably stronger than overall market
[10:29] {curtisweese} GRMN is fighting and seems like it doesn't want to drop down to 62ish
[10:30] {Threei} 1:1
[10:30] {magoo} in
[10:30] {dino} vtal s .64
[10:30] {dptl} out klac ty
[10:30] {Threei} welcome
[10:30] {Threei} DOE CRUDE: +4.2M V +2.5ME ; GASOLINE: +1.03M V +700KE ; DISTILLATES: V -1.6ME ; UTILIZATION: % V 85.1%E
[10:30] {Chaeron} in KLAC
[10:32] {magoo} way fast..i still in
[10:33] {magoo} mkt killing it
[10:34] {Threei} as long as .20 holding, it's valid
[10:34] {magoo} mkt spike down scared mago
[10:35] {curtisweese} in GRMN 63.10 come on market!
[10:36] {Threei} stop 62.90 IMO, curtis
[10:36] {curtisweese} i put it at .80, but .90 sounds great
[10:36] {Threei} latest bounce is off .93
[10:37] {magoo} klac always gets me
[10:39] {Chaeron} me too
[10:39] {cosmo} ntes
[10:39] {cosmo} late
[10:42] {bruce} vdsi possible long reversal here
[10:42] {dino} vtal bstop to .20
[10:43] {dino} lod's
[10:46] {magoo} what the f is wrong now with mkt?
[10:46] {curtisweese} msft announcement
[10:46] {curtisweese} interoperability
[10:47] {dino} vtal to .11
[10:49] {dino} vtal cov .11, +.53
[10:50] {dino} grmn l .00
[10:51] {bruce} givn dino
[10:52] {dino} y
[10:54] {curtisweese} i'm out on GRMN +$.08 only hehehe...i got scared
[10:54] {dino} out grmn .24, +.24
[10:54] {dino} way soon
[10:54] {curtisweese} crap!! forgot about tivo......down n that a lot....
[10:55] {bruce} klac short setup now
[10:56] {curtisweese} threei you out on TIVO now right...i forgot to set stop ... :(
[10:57] {Threei} it lost 9... of course out
[10:57] {curtisweese} i only had small shares so no biggie :)
[10:57] {curtisweese} lol...now it goes up a bit
[10:59] {magoo} short qid vad?
[10:59] {Threei} hmmm
[10:59] {Threei} you see nasdaq as reversal here?
[10:59] {magoo} soon
[10:59] {Threei} not yet...
[11:01] {dino} vtal s .96
[11:01] {dino} stop .21
[11:01] {curtisweese} dang, i wish i had shorted AAPL this morning
[11:02] {dino} grmn getting stronger imo
[11:02] {curtisweese} yep wiating for 63.78 or so to buy again
[11:04] {curtisweese} or short...lol
[11:05] {bruce} vad asyt -looks like your kind of long play
[11:06] {Threei} way too slow...
[11:06] {dino} ima l .15
[11:08] {bruce} k
[11:10] {curtisweese} shorted GRMN at 63.50
[11:11] {dino} vtal stopped -.26
[11:13] {bruce} gutsy curtis - nice move
[11:13] {curtisweese} out GRMN short +$.30
[11:14] {dino} gj
[11:14] {curtisweese} thx...got me back after my tivo bloodbath...lol!!!
[11:14] {magoo} uh, vad...........
[11:14] {Threei} I need to review my definitions
[11:15] {magoo} look right
[11:15] {Threei} 11 cents stop bloodbath?
[11:15] * Threei slaps Laserdave1 around a bit with a large trout
[11:15] * magoo slaps Laserdave1 around a bit with a large trout
[11:15] {magoo} chaer??
[11:15] {curtisweese} noooo! i forgot to set my stop and that I was sitting on TIVO....i got sidetracked.....my fault all the way
[11:16] {Laserdave1} hey guys
[11:16] {Threei} even the worst level it reached hardly qualifies as bloodbath, really
[11:16] {dino} he did say that
[11:16] {curtisweese} need GRMN to drop and marktet to just stay stagnant and we can ride it back up $.30 or so it looks like
[11:18] {curtisweese} bought GRMN 62.93
[11:19] {Threei} COIN...
[11:19] {magoo} i wish it was shortable
[11:19] {esemde} I'm gone...all....have a great rest of the day
[11:20] {magoo} wait!!!!!!!!!!!!!!
[11:20] {Threei} take care ese
[11:20] * magoo slaps esemde around a bit with a large trout
[11:20] {esemde} ouuuuuu......felt good
[11:21] {curtisweese} market big drop and GRMN holds....looks good to me as a newbie for $.03 now
[11:21] {curtisweese} i mean $.20 to .30
[11:21] {bruce} careful with grmn curtis - tricky stock
[11:23] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:23] {Chaeron} sorry... was on phone with bank...... (bastards)
[11:23] {magoo} finally
[11:27] {dino} alxn l .60
[11:32] {curtisweese} out GRMN +$.40
[11:32] {curtisweese} too early but pigs get slaughtered ;)
[11:36] {bruce} nice curtis
[11:37] {curtisweese} i think i got the highest price before it dropped....too close for comfort!
[11:40] {Threei} RIMM .61 long
[11:40] {Threei} stop under .40
[11:42] {bruce} ftek long vadster?
[11:43] {Threei} trades by appointment... can't read that
[11:43] {curtisweese} hahahaha
[11:44] {curtisweese} GRMN consolidates....can't figure out which way it is gonna go.... :(
[11:45] {Threei} NASDAQ feels to me like preparing to jump
[11:46] {curtisweese} lunch coming...what does that do typically to the market? anything?
[11:46] {Threei} puts it to sleep
[11:46] {Chaeron} just like it does to me... in RIMM .55
[11:47] {curtisweese} GRMN too close to resistance for me to count on market uptick right now....grrrr
[11:48] {Threei} RIMM 1:1
[11:48] {curtisweese} woot
[11:48] {magoo} is that all we after..usually we type "too soon"
[11:48] {Threei} NASDAQ does it
[11:49] {Threei} I want more mags
[11:49] {Chaeron} out RIMM + .30 Thanks Vad
[11:49] {Threei} but hey
[11:49] {Threei} welcome
[11:49] {curtisweese} nice work on RIMM everyone
[11:49] {Threei} don't let my greed cloud your judgement
[11:49] {curtisweese} Vad is the man!
[11:49] {magoo} i take offence
[11:49] {magoo} i am just as greedy as u
[11:49] {Threei} lol
[11:50] {Threei} but I do partial mags
[11:51] {Threei} guys, wierd stock... see if you can read it
[11:51] {dino} ima stopped -.35
[11:51] {Threei} momo is there
[11:51] {Threei} and sector is attractive
[11:51] {Threei} but volatile as hell
[11:51] {Threei} NOEC
[11:53] {Threei} RUSSIAN FOREIGN MINISTER TELLS GEORGIA THAT JOINING NATO WILL HAVE "CONSEQUENCES"
[11:53] {curtisweese} s GRMN again 63.50 risky!
[11:57] {curtisweese} out GRMN short +$.16
[11:59] {bruce} rimm looks good for more but market not really helping here
[12:00] {curtisweese} darn...ouot too early on the short, but safer this way
[12:01] {magoo} today blows..can't get more than dime
[12:02] {magoo} and only a second to gret it
[12:05] {Threei} market digests a lot of things... needs time to decide
[12:06] {curtisweese} GRMN getting close to buy point again but market could drop and then it will crash...me scared!
[12:09] {bruce} crox looks short
[12:10] {curtisweese} bought GRMN again 63
[12:10] {curtisweese} risky again
[12:12] {dino} s vsec .19
[12:14] {Chaeron} LIBYIAN OIL MINISTER: PRICES LIKELY TO KEEP RISING DUE TO POLITICS AND SPECULATION{USO}
[12:15] {Threei} LIBYIAN FINANCE MINISTER: boy, let it be true
[12:20] {dino} stopped vsec
[12:21] {Threei} NQ makes new lows, RIMM and NVDA don't
[12:21] {Threei} RIMM feels like best bounce candidate on market bounce
[12:23] {Threei} .61 long if stays above .40
[12:24] {magoo} in
[12:26] {Threei} 1:1
[12:26] {magoo} out .85 TY
[12:26] {Threei} :)
[12:27] {magoo} where would u reload it?
[12:28] {Threei} it's "read as you go" market...
[12:28] {Threei} can't tell in advance
[12:28] {magoo} feels up tho
[12:28] {Chaeron} nice one Vad
[12:28] {Chaeron} gj magoo
[12:29] {magoo} ty
[12:33] {dino} alxn stopped flat
[12:33] {bruce} nice read vad - I couldn't read rim one way or other there
[12:35] {dino} ima l .07
[12:39] {Threei} guys, I need to make quick dash to the bank... will be back asap
[12:39] {Threei} (now, where is my ski mask and grenade...)
[12:39] {Chaeron} damn mid day mulitimillion$ deposit runs that you make Vad.......
[12:39] {bruce} k-
[12:39] {bruce} use the instnat teller vad
[12:40] {bruce} it's friendlier
[12:40] {Threei} it doesn't respond to "now, fill this bag, and be quick"
[12:40] {bruce} lol
[12:42] {curtisweese} bought GRMN at 62.80
[12:42] {magoo} u winning on that overall today?
[12:43] {curtisweese} up $1000 on it, but was down 700
[12:43] {dino} amag l .00
[12:43] {magoo} ok then
[12:43] {magoo} nice
[12:49] {dino} ima stopped -.30 done w/it
[12:54] {magoo} l rimm .84
[12:54] {magoo} if mkt goes it should
[12:55] {bruce} I like alxn long here dino
[12:56] {curtisweese} out on GRMN +$.11
[12:56] {bruce} 15c stop looks OK here
[12:57] {dino} holds well
[12:57] {dino} bbottomed around .25 an hour or so agop
[13:05] {magoo} wqaiting .17
[13:05] {magoo} dunno tho
[13:05] {bruce} I was wrong - support didn't hold
[13:06] {bruce} stopped -.14
[13:10] {magoo} stopped
[13:10] {curtisweese} out on GRMN short
[13:11] {magoo} f'in mkt
[13:16] {Chaeron} not a good read day...
[13:17] {Chaeron} Threei's been nailing a few tho... wish his getaway car was faster to get him back here :)
[13:18] {curtisweese} bought GRMN at 62.68
[13:28] {bruce} klac looks like long to me here
[13:29] {magoo} i like RIMM long
[13:31] {curtisweese} here we go....come one!!
[13:31] {curtisweese} i mean come on!!
[13:31] {dino} athn l .85 stop .49
[13:38] {bruce} esi dino
[13:41] {dino} looks up
[13:42] {curtisweese} up on GRMN.....if it breaks 62.94, then I think I'm really happy
[13:45] {bruce} esi still has room for long - possibly a pullback entry?
[13:50] {dino} yes, the only concern, cpla, esi, apol all hit on student loans/financing/auction issues
[13:50] {bruce} k - you think we should leave it alone then?
[13:51] {bruce} initial spike to .60 looked strong
[13:51] {dino} lol my thinking is off today, but i am leaving them alone
[13:51] {bruce} k
[13:51] {bruce} I scalpedit for 10c
[13:52] {bruce} exited on your warning
[13:52] {dino} gj
[13:55] {bruce} lol - win not worth risk - but at leasat it was postiive
[13:56] {curtisweese} here we go...come on....i'm back to even on GRMN
[14:02] {_leo1} hi
[14:02] {bruce} taking break
[14:03] {dino} welcome leo
[14:03] {_leo1} :)
[14:05] {Threei} back
[14:05] {Threei} hi leo
[14:05] {_leo1} hi
[14:05] {Chaeron} bout time....
[14:05] {Chaeron} any probs?
[14:06] {Threei} ok guys, confess... what did you do to market while I was away?
[14:06] {Chaeron} hi leo... didn't see you come in
[14:06] {Chaeron} welcome
[14:06] {_leo1} :)
[14:07] {Threei} 127 break long RIMM if holding above .80
[14:07] {Threei} 107, sorry
[14:09] {Threei} needs NQ to break 1780
[14:11] {Chaeron} in
[14:11] {dino} ugh alxn bruce
[14:11] {Chaeron} .01 sorry
[14:11] {Threei} come on NASDAQ, show some character
[14:12] {magoo} in rimm btw
[14:15] {Threei} good boy RIMM
[14:15] {Threei} up you go
[14:15] {Threei} just don't take your directions from Garmin
[14:15] {curtisweese} hey!!
[14:15] {Threei} lol
[14:16] {magoo} out .23
[14:16] {Threei} 1:1, half out
[14:16] {magoo} TY
[14:16] {Threei} scalpers know what to do
[14:16] * magoo slaps Threei around a bit with a large trout
[14:16] {Threei} hmmm
[14:16] {Threei} me gets back
[14:16] {Threei} me brings magoo money
[14:16] {Threei} magoo slaps me
[14:16] {Threei} anyone finds it sensible?
[14:16] {magoo} thats for just waltzing back in here and picking a winner...rude...slacker
[14:16] {Threei} lol
[14:17] {Threei} if tyou kept half, stop to .89
[14:18] {Threei} and look to dump it closer to .40 - .50
[14:18] {Threei} and btw magoo... that wasn't waltz... that was tango
[14:19] {Threei} as for "rude" comment... I'll have to agree
[14:19] {Threei} that's me
[14:21] {magoo} how'd robbery go?
[14:21] {Threei} fine
[14:21] {Threei} grenade throwing wasn't warranted
[14:21] {magoo} till or vault?
[14:21] {Threei} but I really wanted to have some fun
[14:21] {Chaeron} where you think he got the $$$ for the RIMM trade?
[14:21] {curtisweese} RIMM junkie
[14:21] {Threei} here comes .40
[14:22] {Chaeron} out at .40.... + .39... Thanks Vad
[14:22] {Threei} you are welcome sir
[14:22] {magoo} i reloaded ,20
[14:22] {Chaeron} damn I like Laser execution...
[14:22] {Threei} see magoo how polite people react on winner
[14:22] {Chaeron} and then plug product?
[14:22] {Chaeron} lol
[14:22] {Threei} they say thank you and don't use trout
[14:22] {magoo} out .43 fl
[14:22] {magoo} TY
[14:22] * magoo slaps Threei around a bit with a large trout
[14:22] {Threei} welcome :)
[14:22] * Chaeron slaps Threei around a bit with a large trout
[14:22] {Threei} sheesh
[14:23] {Threei} lol
[14:23] {Threei} I'll go rob another bank
[14:23] {Chaeron} there goes .50
[14:23] {Chaeron} :P
[14:23] {Chaeron} lol
[14:23] {Threei} you guys simply have no concept of covilized behavior
[14:23] {Chaeron} yeah well, you let anyone in here.......
[14:23] {Threei} leo, you have fresh eye... see what I have to put up with?
[14:23] {curtisweese} i just stopped in to use the bathroom
[14:24] {Threei} gang I rob banks with is less of bandits than these guys
[14:24] {Chaeron} heck with his eye... I hope he took the trade
[14:24] {Threei} out RIMM .45
[14:25] {dptl} lol...you guys:)......got to go .....have a good evening all :)
[14:25] {Threei} take care dp
[14:27] {Chaeron} .
[14:28] {magoo} bye dp:)
[14:31] {Threei} 1785 is now critical level for NQ
[14:31] {Threei} if we break it, uptrend should hold for a while
[14:32] {Threei} and if downtrend resumes, NVDA will be my short candidate
[14:34] {Threei} not looking to go long NVDA, doesn't feel appealing
[14:36] {Threei} AAPL intriguing
[14:36] {Threei} long as close to 123 as possible
[14:37] {Threei} stop under 122.90
[14:37] {Threei} NQ breaks 1785, AAPL should give .35-.40 easy
[14:38] {Threei} in
[14:39] {Threei} no worky
[14:39] {Chaeron} out AAPL -.11
[14:39] {Threei} same
[14:39] {Threei} price of aggresive entry
[14:39] {curtisweese} out GRMN +$.22
[14:40] {curtisweese} shorting GRMN now at 62.85
[14:43] {Threei} missed NVDA close to .60 resissatnce, was at .54 when NASDAQ started its descend
[14:43] {Threei} grr
[14:46] {Threei} AMZN is having bad case of deforestation or what
[14:48] {curtisweese} i lost on that short :( -$.22
[14:48] {Threei} GRMN?
[14:49] {curtisweese} i short....nasdaq drops a lot and GRMN decides to spike up....lol
[14:49] {Threei} why you insist on trading it?
[14:49] {Threei} leave it alone, it's not an easy stock to navigate today
[14:49] {Threei} also, compare its chart with one of NASDAQ
[14:49] {Threei} do you see mcuh correlation?
[14:50] {curtisweese} no
[14:50] {Threei} it trades on its own today
[14:51] {magoo} vad, aapl bounce??
[14:51] {Threei} not sure
[14:51] {Threei} but what the hell is going on with AMZN?
[14:52] {magoo} u thinkin bounce?
[14:52] {Threei} yes, .30 long .10 stop
[14:53] {Threei} double bottom comfirmation
[14:53] {curtisweese} have a good one everyone. i have to go hit my normal job up now. :)
[14:54] {Threei} take care curtis
[14:54] {magoo} bye curt:)
[14:54] {Threei} .26 trigger AMZN
[14:55] {magoo} in .25
[14:55] {Threei} no
[14:55] {dino} cya curt
[14:55] {Threei} .25 is resistance by big seller
[14:55] {Threei} need to see his giving up first
[14:56] {Threei} there... now it should go
[14:56] {Chaeron} sigh.... AMZN... nice aggressive entry magoo
[14:58] {Threei} .50 break is next milestone
[14:58] {magoo} out .45 TY
[14:59] {Threei} after that .70-.80 should be piece of cake
[15:01] {Threei} NASDAQ just can't hold anything today, can it
[15:03] {Threei} can't believe I missed NVDA short
[15:08] {curtisweese} Don't hate me but I bought GRMN big at 62.61 I couldn't help it, it is soooo cheap
[15:08] {curtisweese} okay, i gotta go though....quick scalp and out
[15:08] {Threei} lol
[15:08] {Threei} we won't hate you this time
[15:08] {Threei} but tomorrow will be totally different story
[15:09] {Threei} I don't see any AMZN news
[15:09] {dino} amag stop flat
[15:09] {Threei} it's much weaker than market warrants
[15:13] {dino} athn stopped -.35
[15:14] {dino} grmn l .70
[15:15] {curtisweese} yay...a fellow GRMN trader....i might play this as a swing since i don't want to sell and have to leave.....hmmmm
[15:16] {Threei} ah come on
[15:16] {Threei} is it worth such risk?
[15:16] {curtisweese} hahahahhaa!!1
[15:16] {curtisweese} just kiddin
[15:16] {curtisweese} that was for you
[15:16] {Threei} for all you know it can open another 10 points down tomorrow
[15:17] {dino} such negativity
[15:18] {curtisweese} dino, you gonna ride it past $62.94 range or bail?
[15:21] {dino} thought so, but...
[15:21] {dino} am waiting at 63.34, but depends
[15:22] {curtisweese} if market comes back just a bit, it runs past i think...but market sucks
[15:22] {dino} agree
[15:23] {dino} on all counts
[15:23] {curtisweese} it's going up while market drops, so it WANTS to go up....lol
[15:26] {dino} wall at .00
[15:27] {curtisweese} here we go
[15:27] {curtisweese} come on ...just a lil push from market
[15:27] {curtisweese} doh!
[15:29] {bruce} heading out
[15:29] {bruce} take care all
[15:29] {Threei} take care bruce
[15:30] {dino} cya bruce
[15:31] {curtisweese} out
[15:31] {dino} out .10, +.40
[15:31] {Threei} good job
[15:31] {curtisweese} out GRMN +$.54 for me with a 1000 shars.....yay!!
[15:32] {magoo} vad, aapl long/
[15:32] {magoo} rimm long?
[15:32] {dino} gj
[15:36] {Threei} no magoo
[15:38] {curtisweese} shorting GRMN lol!!
[15:40] {curtisweese} out on short..... +$.11
[15:41] {dino} qid s .02
[15:41] {curtisweese} ok...now i'm late....bye everyone see you tomorrow (i hope){don't want to jinx myself}
[15:48] {Chaeron} see you guys tomorrow too.... thanks all... thanks Vad
[15:48] {Threei} take care chaeron
[15:53] {Threei} nervous market
[15:53] {Threei} what else is new though
[15:54] {dino} qid stopped -.16
[15:57] {dino} spwr l .35
[15:57] {Threei} OK guys, thank you all
[15:57] {Threei} have a good evening, see you tomorrow
[15:57] {magoo} ty vad
[15:57] {dino} out .65, +.30
[15:57] {Threei} since we alternate days now, tomorrow is bull market
[15:58] {dino} tomorrow gap down open then close positive. this is the new way
[15:59] {dino} nnds
[15:59] {Threei} and overall up is new down
[16:00] {Threei} down is new up
[16:00] {Threei} what's with HOKU?
[16:00] {Threei} magoo bought whole float or what
[16:02] {magoo} intu bad?
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