Session Time: Mon Mar 03 00:00:00 2008
[08:32] {Threei} OPEC MAY DISCUSS MODEST OUTPUT INCREASE OF 500K BPD TO CALM PRICES, BUT MANY IN OPEC FAVOR NO CHANGE - WIRE CITES OPEC SOURCE
[08:33] {Threei} FED'S PLOSSER: RATE CUT REVERSAL WHEN MARKET IS STABILIZED
- Market turmoil will restrain growth
[08:33] {Threei} - Notes the Fed has rightly deviated from rule-based policies noting the Fed in time of extraordinary circumstances
[08:33] {Threei} - Says the devaiation must be short lived given price mandate
[08:34] {cosmo} omg
[08:35] {magoo} morning
[08:35] {Threei} good morning
[08:35] {cosmo} jimmy rogers cashed out ...sold his bike ...moved to the south seas
[08:38] {magoo} vad, do we have to physically do any setup changes in laser this morning, the replacement inet
[08:38] {Threei} not so far, but I am keeping an eye on it
[08:39] {Threei} wording left couple questions about whether it's all "under the hood"
[08:39] {magoo} ok, you'll let us know, caus i "don't RTFM lol
[08:39] {Threei} I know :)
[08:46] {cosmo} FRPT needs to hold 3.50 imo
[09:04] {esemde} good morning lads and Lassies.....warren buffet speaks aka god.......
[09:06] {magoo} hey vad, i know we are to wait and see..but u have a good feel for whats setting up i have found
[09:07] {esemde} whats the news with FRPT cos?
[09:07] {Threei} ese :)
[09:07] {magoo} that said, to obvious to sell hard? or a sell hard is coming soon {esp. with asia pounded} just your thoughts for today
[09:07] {esemde} buffet....parties over for insurance companies
[09:07] {Threei} magoo... I am curently opereating on the asumptyion that we are to see selling pressure day
[09:08] {Threei} of course I am ready to change this notion if market shows otherwise
[09:08] {Threei} I am not clinging to my opinions
[09:08] {magoo} yeah..i beieve we were 4 days up mon thru thirs. ..down friday
[09:08] {Threei} but one gotta start somewhere
[09:09] {Threei} and my current mindset is:
[09:09] {Threei} we are in a serious bear market,
[09:09] {magoo} thats what i wanted to know
[09:09] {Threei} it was kept up for a while bu extrenal forces,
[09:09] {Threei} bu = by
[09:09] {Threei} but they can do it just for so long,
[09:09] {Threei} then relaity sets in.
[09:10] {Threei} Whether it's time for gravity to take over, remains to be seen, but so far everything points to that
[09:11] {dptl} good morning all
[09:11] {Threei} dp :)
[09:18] {magoo} so we should keep eye on stocks up big from recent bounce
[09:19] {magoo} CNBC talking retest of lows..but hey...that means rally lol
[09:22] {ThurstonHowellTheThird} good morning everyone
[09:22] {Threei} morning THTT
[09:28] {Threei} FED'S PLOSSER SAYS INFLATION SHOWING UP IN MORE AND MORE ITEMS, DOES NOT THINK WE ARE NEAR STAGFLATION YET
- Reiterates that FX rates are hard to forecast
[09:28] {Threei} - Says housing prices should stabilize during 2008
[09:28] {lumdus} good morning all. vad, you friends at the fed speaking today ?
[09:28] {Threei} hi lum
[09:28] {Threei} they seem to be speaking always
[09:28] {Threei} I start wondering whether they get paid by word count
[09:31] {Threei} watching AAPl for short
[09:31] {Threei} 125.05 stop so far
[09:31] {Threei} broke, no short for now
[09:32] {Threei} OK, it's time
[09:32] {Threei} first weakness from here
[09:33] {Threei} in .75
[09:33] {Threei} stop .90
[09:33] {GEOARB} GM
[09:33] {Threei} hi geoarb, welcome to the room
[09:34] {lumdus} out aapl .33
[09:34] {lumdus} tx vad
[09:34] {Threei} covering AAPL too
[09:34] {magoo} me too nice vad
[09:34] {Threei} welcome guys, gotta be quick on these morning moves
[09:34] {Threei} they have potential to hurt if you oversit them
[09:35] {Threei} one stock that bothers me: COIN
[09:35] {lumdus} your obessed with it. get it off your screen
[09:36] {Threei} you'll cry when it makes new 52 weeks highs :)
[09:36] {esemde} watching MRVL....
[09:36] {Threei} market sharp drop
[09:37] {Threei} AAPL did follow but not too deep
[09:37] {Threei} hate to say it, but it can be long on 126 break down the road if consolidates a bit near that resistance
[09:38] {esemde} damnnnn....looked away for 1 sec....
[09:38] {lumdus} in mf 18.62
[09:38] {esemde} man that was fast MRVL
[09:38] {Threei} this is "no blinking allowed" market ese... :)
[09:38] {dptl} grabed 10c mrvl ty Ese
[09:38] {esemde} crap!!.....and I was onto it tooo
[09:39] {esemde} nice one dp
[09:39] {Threei} can you believe VLNC?
[09:40] * magoo slaps Threei around a bit with a large trout
[09:41] {magoo} hard sell here
[09:41] {Threei} NVDA
[09:41] {Threei} .24 short
[09:41] {Threei} .35 stop
[09:42] {Threei} broke down a bit too fast
[09:42] {Threei} I dpn't think it gave a chance for entry
[09:42] {esemde} nas just dumped
[09:42] {lumdus} stop on mf 18.49
[09:42] {Threei} don't chase NVDA, let it bounce
[09:43] {magoo} man, look at rimm chart vad
[09:44] {Threei} wierd phenomenon in today's market: ERTS
[09:44] {Threei} see if it pulls back into .40 or so, it's a pullback entry for long
[09:45] {Threei} RIMM got pulled by gravity...
[09:45] {Threei} was better short... oh well
[09:45] {magoo} bouncer somehere possible
[09:46] {magoo} sigh..1 pt bounce
[09:46] {magoo} not in
[09:46] {lumdus} short timm
[09:46] {lumdus} stop 101.36
[09:47] {lumdus} covering rimm
[09:47] {lumdus} 100.53 + .66
[09:47] {lumdus} tx for the heads up folks
[09:47] {Threei} good one lum, you are in the zone
[09:47] {magoo} nice lum
[09:48] {lumdus} yeah, double coffe today. i am good untill 10:30 or so
[09:48] {Threei} NASDAQ is about to drop once again
[09:48] {Threei} who got NVDA at this bounce, stop .31
[09:49] {Threei} NQ quick dive and jump... hard to tell which one is a headfake
[09:50] {Threei} keeping tight stops on any trade so far
[09:50] {magoo} u liking ERTS here? boy..don't like longs at moment
[09:50] {Threei} want to be safe until major direction is defined
[09:50] {magoo} popped from .45 as typed
[09:50] {Threei} not for breakout mags
[09:50] {Threei} pullback entry
[09:51] {Threei} it went as low as .43
[09:51] {magoo} yeah..was .45 as typed
[09:51] {Threei} if you got it closer to .40 perfect
[09:51] {Threei} keep stop under .40
[09:51] {Threei} but no chasing
[09:51] {magoo} missed
[09:51] {esemde} watching JRJC to short....1/2 lot
[09:52] {bruce} s nvda .26
[09:52] {magoo} arca issues guys, route elsewhere alert
[09:53] {magoo} vad, how about sh nvda somewhere up here?
[09:53] {Threei} if reverses without breaking .30, sure
[09:54] {Threei} how to resist such a tight stop? :)
[09:54] {Threei} it's worth consideration on risk alone
[09:54] {magoo} one day we gonna discuss that
[09:54] {magoo} not now
[09:54] {Threei} anytime you want
[09:54] {Threei} 'xcept weekends
[09:55] {Threei} ERTS gave second chance for entry
[09:55] {magoo} ill fly out over weekend
[09:56] {Threei} long ERTS, short NVDA... I feel fully hedged
[09:56] {Threei} and if I get stopped on both, I better don't come out of the house today, bricks are garanteed to drop from the sky
[09:57] {magoo} i took neither..feeling inadequate
[09:58] {magoo} ok, sh .21 nvda
[10:00] {Threei} JAN CONSTRUCTION SPENDING: -1.7% V -0.7%E
[10:00] {lumdus} out mf 19.55 + $1.10
[10:00] {Threei} *FEB ISM MANUFACTURING: 48.3 V 48.0E; PRICES PAID 75.5 V 73.0E
[10:01] {Threei} half out ERTS
[10:01] {lumdus} damm, should have held mf more. crap !!!
[10:01] {Threei} +.28
[10:01] {magoo} stopped nvda
[10:01] {Threei} stopped NVDA
[10:01] {Threei} US TREASURY'S PAULSON: TAXPAYER FUNDED HOUSING RESCUE IDEAS WOULD DO MORE HARM THAN GOOD
[10:02] {Threei} one more jump please ERTS
[10:02] {lumdus} vad, should i re-enter mf ?
[10:02] {esemde} JRJC...invalidated for a short...
[10:02] {Threei} I wouldn't lum
[10:02] {lumdus} ok. i'll be happy for now.
[10:03] {Threei} out ERTS in full
[10:03] {Threei} +.44
[10:04] {bruce} rimm looking like a long
[10:05] {Threei} if market ramps up again, RIMM's structure will be .60 long
[10:05] {Threei} astop under .30
[10:06] {esemde} OK i need somebody to take a look at a 15min chart of BRKR....and fire an opinion at me
[10:06] {esemde} I like the bstop at 13.75
[10:06] {Threei} yes ese
[10:07] {Threei} stop placement will depends on what you want from this one
[10:07] {Threei} .54 stop is pure daytrade
[10:07] {Threei} is = if
[10:07] {esemde} yes i like the pure daytrade
[10:07] {Threei} .54 it is then
[10:08] {GEOARB} hi vad... whats the time frame of charts youre using? (Idont have my materials yet)
[10:08] {esemde} bstop 13.75 then
[10:08] {Threei} 1 minute and daily
[10:08] {GEOARB} ok thnx
[10:08] {esemde} i min yes
[10:08] {GEOARB} and charting package?
[10:09] {esemde} anybody following FI
[10:09] {lumdus} in xto 63.68
[10:09] {Threei} one that comes with my broker
[10:09] {lumdus} stop y3.50
[10:09] {Threei} Laser software
[10:09] {GEOARB} thanks
[10:09] {Threei} sure :)
[10:09] {esemde} anybody folloing FINL for a pullback long
[10:10] {GEOARB} once i get access to the online videos... Ill get started
[10:10] {Threei} if you mean online course, you already have access to it
[10:11] {Threei} go to Login, use the same username and password as you do for the room
[10:11] {GEOARB} oh... didnt get an email with link etc
[10:11] {Threei} homepage, click Login
[10:12] {Threei} just keep in mind, that course is basics,
[10:12] {lumdus} stop on xto 63.58 now
[10:12] {GEOARB} yeah... I am wating for the nasdaq scalping CDs
[10:12] {Threei} for following what we do here it's a foundation, but not enough by itself
[10:13] {GEOARB} got in thanks.
[10:14] {Threei} :)
[10:14] {Threei} lum... look at COIN
[10:14] {Threei} see now why I am "obseesed" with it?
[10:15] {Threei} wow... ERTS went much higher
[10:15] {lumdus} well, i see
[10:15] {esemde} bstop BRKR invalidated........
[10:16] {lumdus} today is very easy and good trading. everyting behaving. i love it.
[10:16] {esemde} hmmmmmmmm this is not my day.....i see it now.....
[10:16] {Threei} why ese
[10:16] {Threei} .55 isn't tagged
[10:16] {Threei} in fact, this is low risk aggresive entry
[10:17] {Threei} with very tight stop
[10:17] {esemde} it looks like it's gonna be and the 15min chrt is looking weak
[10:18] {esemde} I still think 13.75 is a good play
[10:18] {esemde} am gonna watch it....for now
[10:19] {Threei} remember discussion of different types on entries?
[10:19] {Threei} aggressive vs regular vs conservative
[10:19] {esemde} yes
[10:19] {Threei} it's a personal preference of course
[10:19] {Threei} by my taste, I would be in .58
[10:19] {Threei} 4 cents stop
[10:19] {Threei} does it get any better than this
[10:19] {esemde} I'm not that good at judging pulbacks on the 1 min
[10:20] {Threei} thenif it works and comes into resistance, you have a mind boggling choice
[10:20] {esemde} hmmmmm
[10:20] {Threei} to grab a scalp
[10:20] {Threei} to partial put and keep half for the break
[10:20] {GEOARB} do you gus leg in or go all in?
[10:20] {GEOARB} guys
[10:20] {Threei} or to be as bold as they come and let full position to work on break or get stopped
[10:21] {Threei} I'd say, pleasant array of options for 4 cents risk
[10:21] {esemde} it was a deeper pullback .......and i didn't feel comforatble with it
[10:21] {esemde} heading up now though
[10:21] {Threei} but it held support and uoticked from it :)
[10:21] {Threei} geoarb, for a scalping full in full out
[10:21] {Threei} for daytrading full in, partialling ouyt
[10:22] {Threei} for swing trading, adding is possible BUT
[10:22] {GEOARB} thanks
[10:22] {Threei} it's not averaging down if stock moves against you, that's a no-no
[10:22] {GEOARB} ok
[10:22] {Threei} rather entry of part when it's uncertain, then adding as stock moves in your favor and breaks new resistance levels
[10:23] {GEOARB} ok
[10:24] {esemde} anyone looking at FINL as a pullback long.......this is the type of pullback that i'm use to Vad
[10:24] {lumdus} should've held mf all day, would be good for 2 weeks profit. dam crap. and i had 3 x lot
[10:24] {esemde} long setup...can think about it....
[10:26] {lumdus} ok, i need to log off MF is too much pain
[10:27] {Threei} dunno ese... FINL is somewhat wierd
[10:27] {Chaeron} gm all
[10:28] {Threei} chaeron :)
[10:28] {esemde} hows that?
[10:28] {esemde} CCCHHHHH morning
[10:29] {magoo} vad, any read NVDA sh here?
[10:29] {Threei} not really mags
[10:29] {Threei} chart doesn't show it
[10:31] {GEOARB} does anyoe use lightspeed here?
[10:31] {esemde} bstop back BRKR 13.75
[10:42] {lumdus} looking to short qcom here
[10:43] {Threei} RIMM 101 break short
[10:43] {Threei} stop/invalidating level above .30
[10:43] {lumdus} finger on trigger for rimm.
[10:44] {lumdus} s qcom 41.13
[10:44] {lumdus} stop 41.21
[10:45] {Threei} RIMM 1:1
[10:45] {lumdus} vad, i only go 100.93
[10:46] {lumdus} one more dump on rimm needed.
[10:46] {lumdus} stop b/e on rimm .93
[10:46] {lumdus} qcom might do it now. common, help here
[10:47] {magoo} beauty vad RIMM
[10:48] {lumdus} magoo you out already ?
[10:48] {Threei} who are you calling beauty?
[10:48] {magoo} yes
[10:48] {lumdus} hmm, i still think we have another huge dump
[10:48] {lumdus} vad, don't get excited.. he's call the trade beauty not you :)
[10:48] {Threei} that's what I hope for
[10:49] {magoo} uh actualkly.......lol
[10:49] {Threei} lol
[10:49] {lumdus} stop on qcom 41.13
[10:50] {lumdus} out rimm -.01
[10:50] {lumdus} chicken i am
[10:51] {lumdus} out qcom 41.00 + .13
[10:51] {lumdus} ce ya later
[10:54] {Chaeron} .
[10:56] {Threei} feels like total breakdown is coming
[10:56] {Threei} pick your victim
[10:57] {Threei} RIMM 101
[10:57] {Threei} NVDA .11
[10:57] {Threei} AAPL .70
[10:57] {Threei} sorry, RIMM 100
[10:59] {ThurstonHowellTheThird} nvda stop .21?
[10:59] {esemde} long BRKR .76
[11:00] {Threei} either .21 or .26, both are valid depending your position size
[11:01] {Threei} ese... confess... regretting of not taking BRKR at .58-.60? :)
[11:02] {Threei} shakeout on breakdowns are not over yet...
[11:04] {magoo} to late for NVDA short vad?
[11:04] {Threei} NVDA works so far, AAPL hasn't broken resistance 121, RIMM did hit stop level
[11:04] {magoo} under 21 coming
[11:04] {Threei} no chasing for me mags
[11:04] {Threei} bear market major difficulty is regular short squeezes
[11:04] {Threei} chasing downside increases risk multifold
[11:08] {GEOARB} .
[11:16] {Threei} new low NVDA
[11:17] {Threei} 1:1 reached if your initial stop was .21
[11:18] {Threei} and even if .26
[11:18] {bruce} vad - thoughts on aapl long?
[11:18] {Threei} toughie bruce...
[11:18] {Threei} I have hard time seeing these stocks as long
[11:19] {Threei} not when market teeters on a verge of breakdown
[11:19] {bruce} k- now looks to be breakingshort but hard to tell
[11:20] {Threei} NVDA +.21... 1:3
[11:20] {Threei} even if you are determined to hold for bigger move, start protecting profits
[11:20] {magoo} wish i chased it
[11:20] {Threei} ??
[11:20] {Threei} it bounced back into trigger and even higher
[11:20] {Threei} there was no need to chase
[11:20] {magoo} [11:04] {magoo} to late for NVDA short vad?
[11:20] {magoo} [11:04] {Threei} NVDA works so far, AAPL hasn't broken resistance 121, RIMM did hit stop level
[11:20] {Threei} gave second chance
[11:20] {magoo} [11:04] {magoo} under 21 coming
[11:23] {bruce} rimm bouncing off 100 for third time - looks like bounces getting weaker
[11:23] {Threei} NASDAQ bounce on lower volume
[11:23] {Threei} in my view, just another short opportunity
[11:24] {Threei} AAPL closest resistance is .30
[11:24] {Chaeron} see magoo? the market didn't want you to miss out... it likes you :)
[11:25] {bruce} youthinkinking short aapl here vad?
[11:25] {Threei} if NQ reverses sharply while AAPL delays a little for entry
[11:25] {Threei} not into pure buying
[11:26] {Threei} see how nasty these squeezes can be?
[11:27] {Threei} NVDA is almost back into original triogger
[11:27] {esemde} OUT BRKR .00 +.24 1;1
[11:27] {bruce} hard to peg entries - retracements are pretty big
[11:27] {Threei} same idea, short if NQ reverses down quickly, and NVDA shows delay
[11:27] {Threei} wtg ese
[11:27] {Threei} good trade
[11:28] {GEOARB} vad do you trade the NQ?
[11:28] {Threei} not lately
[11:28] {Threei} mostly using it as leading indicator
[11:28] {GEOARB} ok
[11:28] {esemde} tks
[11:29] {Threei} can I annoy you a little ese?
[11:29] {Threei} please? I love annoying people so much
[11:30] {bruce} aapl trying to break down again -
[11:32] {Threei} funny... NQ is jumping up - do you see much stock's following?
[11:32] {Threei} what is it that is going up with NQ, my scanner stays red mostly
[11:33] {bruce} rimm trying to break 101 vad
[11:33] {Threei} no permission by ese... sigh...
[11:35] {Chaeron} Personally, I find annoying people without their permission is so much more satisfying... Don't you magoo? :)
[11:36] {Threei} true chaeron... I am just afraid I overdid my quota :)
[11:36] {Chaeron} quota- ok... limit? I hope there's not one......
[11:36] {magoo} :)
[11:39] {bruce} aapl break finally
[11:41] {Threei} NVDA stalled at the original trigger and dropped when NQ did
[11:41] {Threei} I didn't watch it at the moment, not sure if there was entry opportunity
[11:41] {Threei} if anyone entered let me know if you need running commentary
[11:41] {GEOARB} vad, on an average how many stock charts do you have up?
[11:41] {magoo} i do
[11:41] {magoo} short .11
[11:41] {Threei} and if you entered but too shy... stop .15
[11:42] {Threei} shy magoo... now that's the oxymoron oif the century
[11:43] {Threei} beauty of aggressive entries... 4 cents stop, already over 1:1
[11:44] {Threei} much the same as with BRKR long
[11:44] {Threei} (trying to get ese via backdoor)
[11:51] {Threei} MBI CEO REITERATES ACKMAN COMMENTS WITHOUT MERIT; ACKMAN IS 'DEAD WRONG' THAT MBIA WILL RUN OUT OF CASH
[11:53] {Threei} another squeeze is on
[11:53] {Threei} backing off
[11:58] {bruce} rimm as long vad?
[11:58] {Threei} it just had news, prety much ignored it
[11:58] {Threei} and siconnected from market
[11:58] {Threei} rather long than short... but I don't have much conviction
[11:59] {bruce} k was thinking possible retacement long near .20 with stop to 101 - trend looks up now
[12:01] {magoo} aapl ,ong?
[12:02] {Threei} no read on these stocks here
[12:02] {Threei} disorderly
[12:04] {bruce} charging rimm and aapl with disorderly conduct unbecoming a stock
[12:04] {Threei} lol
[12:10] {Threei} scanner barely crawling
[12:11] {bruce} mrvl longvad?
[12:11] {Threei} MRVL is very slow and narrow
[12:12] {Threei} you have enough parience to sit it out?
[12:12] {Threei} if so, pullback to .60 or so
[12:12] {bruce} thought it might move on .70 break
[12:13] {Threei} if it moves 5 cents over a few minutes, it will be like extreme running for it
[12:13] {bruce} lolo - k
[12:14] {Threei} 1 cent
[12:17] {magoo} mkt rolling a bit
[12:24] {Threei} 2 cents MRVL
[12:25] {Threei} 3... I was so wrong
[12:25] {bruce} shame on you vad
[12:26] {bruce} now 4!
[12:26] {Threei} yeah... tail down
[12:26] {Threei} with 10K shares, one already has decent profit
[12:26] {bruce} jaso vad?
[12:27] {GEOARB} 10k shares??
[12:27] {Threei} kidding
[12:27] {magoo} i was thinking of doing that vad
[12:27] {Threei} just making fun of very narrowmovements, geoarb
[12:27] {bruce} dont even think about it geo
[12:27] {GEOARB} i dont have that kind of margin :)
[12:28] {Threei} JASO... solars are beaten down so much, you would think sun is never rising again
[12:28] {Threei} probably deserve scalp here and there
[12:28] {Threei} but overall recovery is nowhere clkose it seems
[12:28] {GEOARB} on an average , how many charts do yo have open vad?
[12:29] {Threei} let me show you my screenshots
[12:29] {bruce} k vad
[12:30] {GEOARB} sure thanks..
[12:30] {Threei} http://www.realitytrader.com/vad/Scr1.png
[12:30] {Threei} http://www.realitytrader.com/vad/Scr2.png
[12:30] {Threei} http://www.realitytrader.com/vad/Scr3.png
[12:30] {Threei} http://www.realitytrader.com/vad/Scr4.png
[12:30] {GEOARB} 4 screens? ok
[12:31] {Threei} yeah... on one computer... there is one more with two screens, lol
[12:31] {GEOARB} heheh
[12:31] {Threei} but that one is mostly for administrative purposes
[12:31] {Threei} so I don't show it
[12:32] {Threei} magoo, stop this dcc abuse, administrative purposes don't mean porn
[12:33] {bruce} thats not porn vad
[12:33] {esemde} by everyone...have a great rest of the day....i'm long FINL here at .75 full lot
[12:33] {bruce} it's art
[12:34] {Threei} take care ese :)
[12:34] {bruce} bye ese
[12:34] {esemde} see ya vad
[12:34] {Threei} there is a huge offer at 15 for JASO... break of it worth a try for scalp if stays above .90
[12:35] {bruce} thats me selling my 10k vad
[12:36] {Threei} cool... if you get hit, dinner is on you
[12:36] {Threei} and I fully expect lobster stuffed with steak
[12:36] {Threei} lost support, invalidated
[12:37] {bruce} hmm
[12:37] {Threei} here goes my dinner
[12:37] {bruce} you like spam?
[12:37] {Laserdave1} magoo dcc please
[12:39] {magoo} dave dcc
[12:54] {bruce} rimm longon 101.5 break vad?
[12:55] {Threei} if stays above .25
[12:55] {bruce} just violated it
[13:11] {bruce} aapl short vad?
[13:11] {Threei} not sure... NQ is at the point where it can drop or spike upward with same odds
[13:11] {bruce} k
[13:12] {Threei} 50/50
[13:12] {Threei} roll a dice
[13:12] {Threei} OPEC PRES: SEES LOWER Q2 OIL DEMAND, DOES NOT THINK OPEC WILL CONSIDER INCREASING OUTPUT
[13:13] {Threei} CNBC'S GASPARINO INCREMENTAL UPDATE: NEGOTIATIONS WITH BANK CONSORTIUM GOING SLOWLY; NO DEAL ANNOUNCEMENT EXPECTED TOMORROW
[13:14] {Threei} this is the guy whose speculation on the deal to be announced sent market flying a week ago
[13:14] {Threei} can't believe they get away with it
[13:15] {Threei} ETFC
[13:15] {Threei} CEO: MANY CLIENTS WHO MOVED MONEY OUT DURING LAST YEAR'S PANIC HAVE RETURNED - INTERVIEW COMMENTS
- Notes core brokerage not back 'to business as usual' but going 'quite well'
[13:15] {Threei} - Says no longer taking risk on asset side, sees making money from bank deposits
[13:34] {ThurstonHowellTheThird} Vad, (sorry to wake you up but...)does this market look like what happened in the tech crash of 2000?
[13:34] {ThurstonHowellTheThird} just before the big drop
[13:35] {Threei} very much so
[13:35] {Threei} storngest feeling that we are on brink of abyss
[13:36] {ThurstonHowellTheThird} I was worried you would say that :(
[13:36] {Threei} why?
[13:36] {Threei} it's quite tradeable situation
[13:36] {ThurstonHowellTheThird} Just for my longer term investments...
[13:36] {Threei} pure clean bear is a beauty
[13:36] {Threei} oh
[13:36] {Threei} sorry... my thinking just doesn't go in that direction
[13:37] {ThurstonHowellTheThird} oh well, thats why I'm diversifying into a smaller time frame
[13:37] {Threei} AAPL lod
[13:38] {Threei} .35 worth a try short if stays under .50\
[13:40] {bruce} over that already
[13:40] {bruce} waiting for next setup
[13:49] {Threei} COIN.....
[13:53] {Threei} I wish I could nail entry on this one... clear uptrending momo, but finding setup on it is not a reality
[13:53] {Threei} kind of buy and hope
[13:53] {Threei} which I am loathe to do
[14:03] {bruce} new low aapl - rimm at lod
[14:03] {Threei} really want to find short
[14:04] {Threei} gotta find the right way between violent spikes that tag stops
[14:04] {bruce} rimm here w .20 stop vad?
[14:05] {Threei} very easy to gets topped
[14:05] {Threei} I would rather try to get in a spike over logical stop lwevel
[14:05] {bruce} k
[14:07] {Threei} there
[14:07] {Threei} sharp apike, hitting stopes
[14:07] {Threei} next resistance is .50
[14:07] {magoo} let us know when u go
[14:07] {Threei} watch for entry close to it
[14:07] {bruce} you were right - it stopped out .20 without giving much of a win for short on break
[14:09] {Threei} in
[14:09] {Threei} stop over .50, ready to get out and reenter if spikes again
[14:09] {magoo} in
[14:10] {Threei} half out +.30
[14:10] {Threei} +.20, sorry
[14:10] {Threei} not trailing stop
[14:10] {Threei} still over .50
[14:10] {bruce} tried at .40 but didn't get filled
[14:10] {magoo} out .09
[14:10] {magoo} TY
[14:10] {Threei} I hit the bid bruce, .38
[14:10] {Threei} out in full
[14:11] {Threei} .90
[14:11] {Threei} +.48
[14:11] {magoo} yeah
[14:11] {Threei} this is how I want to play them... into countertrend spikes, with very tight stops
[14:12] {Threei} 13-15 cents is uncharacteristically tight stop for such stock as RIMM
[14:12] {Threei} you can play it this way only with aggressive entries
[14:12] {bruce} your .50 resiswtance was right way to play it
[14:13] {bruce} entry on break woulda stopped out
[14:13] {Threei} and even closest resistance entry woyuld
[14:13] {Threei} spike over it triggering the stops, that's the only safe entry
[14:14] {Threei} [09:35] {Threei} one stock that bothers me: COIN
[14:14] {Threei} [09:35] {lumdus} your obessed with it. get it off your screen
[14:14] {Threei} [09:36] {Threei} you'll cry when it makes new 52 weeks highs :)
[14:14] {bruce} yes - noticed that had last high at .21 which is what I thought of initially
[14:14] {Threei} how about that?
[14:15] {Threei} RIMM REMOVED FROM CONVICTION BUY LIST AT GOLDMAN SACHS (TIMING UNCERTAIN)
[14:15] {magoo} u sdtill dshort rimm half?
[14:16] {Threei} [14:10] {Threei} out in full
[14:16] {Threei} [14:11] {Threei} .90
[14:16] {Threei} [14:11] {Threei} +.48
[14:16] * Threei slaps magoo around a bit with a large trout
[14:16] {magoo} sorry
[14:16] {Threei} too late
[14:16] {Threei} trout is unholstered
[14:16] {Threei} no way it goes back without finsing its target
[14:16] {Threei} finding
[14:17] {bruce} hmmm - rimm loses more than half its value in 6 months
[14:17] {bruce} and now goldman removes it from buy
[14:18] {bruce} makes sense now that they've dumped all on public
[14:18] {bruce} they don't want compettion when they start to accumulate agtain
[14:19] {Threei} you know... Buy rating - we have some for sale
[14:19] {Threei} Strong Buy - hey, buy it from us please, we have a lot left
[14:19] {bruce} lol
[14:19] {Threei} Striong Buy reiterated - someone! pleae! take it off our hands!
[14:19] {bruce} stong sell - stay away from stock we're buying
[14:20] {bruce} ah rimm - sogh - wish I'd got that shoprt
[14:20] {Chaeron} ... we're buying... but let us scare the price down lower first please...
[14:28] {Threei} here comes another spike NQ
[14:28] {Threei} let stops get hit,
[14:28] {Threei} then let's look for our entry
[14:29] {Threei} in RIMM terms, that would translate into something closer to 100
[14:30] {Threei} what the heck is "conviction buy list"...
[14:31] {cosmo} your legal options...
[14:31] {Threei} lol
[14:31] {cosmo} :)
[14:32] {Threei} RIMM is coming there
[14:32] {Threei} one more vertical slpike please
[14:33] {bruce} theres resistnace at 100.15 vad as well as 100
[14:33] {Threei} yes
[14:34] {Threei} what I want is RIMM cutting through those on a parabolic move
[14:34] {Threei} doesn't really matter whether it stops between them or slightly higher than .15
[14:34] {Threei} NQ reversed... isn't getting there
[14:34] {Threei} oh well
[14:35] {Threei} actaully...
[14:35] {Threei} NQ, if goes up again forms higher low on 1 min
[14:35] {Threei} RIMM is at day's low
[14:35] {Threei} will be good bounce scalp candidate
[14:35] {bruce} got you - but we should have been looking for slowdown between 100 and .15 or so then a stop of about 20c?
[14:35] {Threei} yes
[14:36] {Threei} watching for long scalp right now
[14:36] {bruce} k - thanx good advicethose stocks are tough to play - get murdered on breaks in them
[14:36] {Threei} in
[14:36] {Threei} stop .10
[14:37] {magoo} in
[14:37] {Threei} nope
[14:37] {magoo} out
[14:38] {Threei} was a shot at double bottom NQ, but it failed
[14:39] {Threei} still looks tempting but I'd like to see one more sharp selloff
[14:39] {bruce} yep - a good try
[14:39] {Threei} like this one
[14:39] {Threei} one more leg down please
[14:41] {bruce} selling slowed - this the entry?
[14:41] {Threei} in
[14:41] {Threei} .85, stop .70
[14:42] {Threei} tough one eh?
[14:43] {bruce} stopped
[14:43] {bruce} yes -
[14:43] {bruce} still - I like these plays
[14:43] {Threei} yeah, doesn't look like it's ready
[14:43] {bruce} in and out quick
[14:44] {bruce} and nice potential on them
[14:44] {bruce} you're probably right about 1 more leg down
[14:44] {Threei} would prefer them working
[14:44] {Threei} but with these tight stops, way narroqwer than wins we took on it, I don't really mind
[14:45] {bruce} me too - but caqn live w 15c stops in these
[14:49] {Threei} situation reverses: NQ new low, RIMM not
[14:49] {bruce} aapl really selling off
[14:49] {bruce} another try rimm here vad?
[14:50] {Threei} looks like, just want NQ to show some guts
[14:51] {Threei} got .59, sorry, too fast
[14:51] {Threei} .69
[14:51] {Threei} typing deteriorates
[14:51] {Threei} stop is self-explanatory
[14:52] {Threei} come on RIMM, let's kill those shorts, we all hate them
[14:52] {Threei} excpet when we are them
[14:53] {Threei} if it bounces I want 99
[14:53] {Threei} at least
[14:53] {magoo} in .72
[14:54] * Threei kicks RIMM in the rear with heavy duty army boots
[14:55] {Threei} sheesh... NQ has no staying power whatsoever
[14:55] {Threei} out
[14:55] {bruce} stopped rimm
[14:55] {magoo} twice
[14:55] {bruce} damn
[14:55] {bruce} damn
[14:57] {Threei} initial instinct is te best to follow... short was still the way to go
[14:57] {bruce} looks to be good support near 98 vad
[14:57] {Threei} good to break you mean?
[14:58] {bruce} lol
[14:58] {Threei} :)
[14:58] {bruce} pessimist
[14:58] {bruce} rimm kicked back
[15:01] {Threei} what was that?
[15:02] {bruce} that was rimm kicking sand in our faces
[15:02] {Threei} did you see that march from .80 back into 98?
[15:04] {bruce} my charts show low of 98.03 vad
[15:04] {Threei} yes
[15:05] {Threei} I am talking about it dropping from first bounce to 98.80 all the way back into 98 and immediately back up
[15:05] {Threei} both faster than you can say mama
[15:06] {Threei} 15:02
[15:06] {bruce} got you - might be bad tick
[15:06] {Threei} nope
[15:06] {Threei} level 2 did whole dance
[15:06] {Threei} all bids and offers
[15:07] {bruce} well - thats rimm for ya
[15:07] {ThurstonHowellTheThird} looked like super-fast battle between bulls and bears
[15:07] {bruce} hard to keep 20 stops with that kind of dancing
[15:07] {Threei} that was quite unusual even for RIMM
[15:08] {bruce} not at all vad
[15:08] {bruce} I'm playing it remember
[15:08] {bruce} got to expect the weird wild and unusual
[15:15] {bruce} your thoughts on rimm long play if breaks 99 vad?
[15:15] {Threei} chart wise yes
[15:16] {Threei} its manner of tradin last hoyur - anything can happen
[15:16] {bruce} k- that sounds like hesitation to me
[15:16] {bruce} k
[15:16] {Threei} I will be equally unamazed to see it ramping up a buck or dropping all the way back
[15:17] {Threei} it's not hesitation, it's rather:
[15:17] {Threei} consider your willingness to handle the way it trades
[15:22] {Threei} TMA
[15:22] {Threei} FINANCES NEARLY $1.0 B OF PRIME HYBRID ARMS IN SECURITIZATION TRANSACTION
[15:26] {magoo} its avail short vad
[15:26] {Threei} scary
[15:27] {Threei} it's a news about the very heart of its issues
[15:27] {magoo} any play RIMM here?
[15:27] {Threei} core reason of gap down
[15:27] {cosmo} HYBRID ARMS ...sounds like an IED...
[15:33] {magoo} ifmkt continues up....rimm maybe long
[15:42] {Threei} geoarb, look dcc please
[15:52] {Threei} am I alone in crying over COIN?
[15:53] {bruce} pretty much vad
[15:53] {Threei} fine... be that way
[15:53] {bruce} I'm crying case we missed the 2 buck retrace in rimm
[15:54] {Threei} I am not
[15:54] {Threei} I couldn't read it
[15:54] {magoo} balling here
[15:54] {bruce} what are you balling mags?
[15:55] {bruce} do we do that stuff in this room vad - balling?
[15:55] {GEOARB} hehehe
[15:55] {Threei} all these stocks like RIMM, AAPl, NVDA etc
[15:56] {Threei} they are readabke one day, out of read another
[15:56] {Threei} sometimes changes even midday
[15:56] {Threei} you could see it last week with AAPL
[15:56] {Threei} just trying them to see if they work
[15:56] {Threei} if they do, fine
[15:56] {Threei} they become a subject of abuse
[15:57] {Threei} much like we abused AAPL last Thursday
[15:57] {Threei} they don't, we hunt for another
[15:57] {Threei} but COIN, sheesh... had a strongest feeling about it, talked for days
[15:58] {Threei} OK guys, thank you all
[15:58] {Threei} have a good evening
[15:58] {Threei} see you tomorrow
[15:59] {GEOARB} thanks vad
[15:59] {dptl} have a good evening all
[15:59] {magoo} ty all
Realitytrader Trading Room Transcript - updated daily. TRADE WHAT YOU SEE, NOT WHAT YOU THINK implemented. To see and trade these calls real time JOIN US LIVE!
Tuesday, March 4, 2008
Friday, February 29, 2008
Feb 29 2008
[08:38] {magoo} morning
[08:38] {patience} morning magoo :)
[08:47] {Threei} Good morning
[08:47] {Threei} US TSY PAULSON SAYS OPPOSES GOV'T INTERVENTION IN HOUSING THAT WOULD BAIL OUT SPECULATORS - WIRE CITING RADIO INTERVIEW
[08:53] {esemde} good morning.....
[08:53] {Threei} ese :)
[08:54] {patience} ese :)
[08:54] {esemde} morning patience
[08:54] {esemde} hows the forex biz these days
[08:54] {patience} past few days have been excellent
[08:55] {esemde} what are you into if I may ask
[08:55] {patience} yen and canadian calls
[08:55] {Threei} I know what I am into... I am into non-interrupted crying over meteoric rise of canadian dollar
[08:55] {patience} june contracts
[08:56] {esemde} good on ya....
[08:56] {patience} ty
[08:57] {esemde} OVTI...showing up on my pre scan alot ...news?
[08:57] {cosmo} OmniVision Q3 profit tops Wall Street view; shares riseat Reuters(Thu 5:40pm)
[08:57] {Threei} 02/28/08 04:15pm [OVTI] Reports Q3 $0.55 v $0.46e, R $224.9M v $225.1Me
[08:57] {cosmo} # OmniVision Predicts 4Q Sales Below ViewsAP(Thu 5:22pm)
[08:57] {esemde} ahhhhh....
[08:57] {esemde} looks promising
[08:58] {cosmo} mixed
[08:58] {Threei} yeah
[08:58] {Threei} beat earnings, lowered guidance
[08:58] {magoo} deck reported last nite..got hit all way down to 108
[08:58] {magoo} i thought it was good report, u got anything vad?
[08:58] {esemde} ouch...
[08:59] {Threei} 02/28/08 04:00pm [DECK] Reports Q4 $2.69 v $2.41e, R $194.2M v $184Me
[08:59] {Threei} - Gudes Q1 EPS "the same or modestly higher than 2007" (implies $0.75+ v 0.92e); guides Q1 sales growth 25% y/y (implies Q1 R$90.8M v $89.6Me).
[08:59] {Threei} - Guides 2008 EPS up 20% (implies $6.07 v $5.82e).
[08:59] {Threei} - Guides 2008 sales growth 25% (implies 2008 R$561Mv $531Me).
[08:59] {Threei} - Expects earnings to grow at a slower pace in the first half.
[08:59] {cosmo} OVTI pre mkt high = 15.65 fwiw
[09:01] {dptl} good morning all
[09:01] {Threei} dp :)
[09:02] {esemde} dp
[09:06] {Threei} OK guys, we have two-pronged reason to stay on careful scalping only side today
[09:06] {Threei} one is obvious, this is Friday
[09:07] {Threei} another is, we had unusually easy day of trading yesterday
[09:07] {Threei} and the way things lately, market will punish any complacency we allow ourselves to get into
[09:08] {esemde} wasn't there for the whole day Vad....what do you mean by unusually easy
[09:08] {bruce} jump for joy - leap year is here
[09:08] {Threei} nice and easy to read moves on stocks that rarely are easy
[09:08] {Threei} bruce :)
[09:08] {bruce} vadster
[09:08] {esemde} hmmmmmm
[09:08] {Threei} AAPL for instance
[09:08] {esemde} bruce
[09:08] {bruce} hey ese
[09:09] {Threei} we played it several times, on both sides long and short,
[09:09] {esemde} well done gents
[09:09] {Threei} dptl was so oblivious to the "tough market" mantra that actually allowed himself to get full point profit on one of the calls,
[09:09] {Threei} made me jealous so on next one I did the same
[09:09] {Threei} and beat him by one cent
[09:09] {esemde} any reason for
[09:09] {Threei} (my darn competitive nature)
[09:10] {esemde} these easy moves....indexes predictable
[09:10] {esemde} ???
[09:10] {Threei} who knows... as a trader I don't ask why when I get easy ride, I simply kill a chicken and lay entrails to the feet of trading gods
[09:11] {dptl} lol
[09:11] {esemde} now that is an analogy....that i haven't heard before
[09:12] {Threei} requirement is to bring one's finest cheeses... but I love cheese myself so I cheat and give them what I don't eat anyway
[09:13] {Threei} so... under risk to be slapped silly by magoo, I intend (at least so far) to stay on conservative side, take only trades offering the least risk and be very picky overall
[09:13] {Threei} welcome to the room jjthetrader
[09:16] {Threei} welcome to the room ThurstonHowellTheThird
[09:16] {ThurstonHowellTheThird} good morning
[09:16] {Threei} gosh... what a nick, lol
[09:16] {dptl} lol
[09:16] {Threei} good luck typing it whoever wants to greet new guy {G}
[09:16] {magoo} morn the third:)
[09:16] {Threei} oops
[09:16] {Threei} magoo simplified it
[09:16] {Threei} took easy way out eh?
[09:17] {ThurstonHowellTheThird} sounds good to me
[09:17] {bruce} patience -sounds like you're long can dollar - you still see itrising against US?
[09:17] {patience} no idea. i'm guessing u.s. dollar is bottoming. but really have no idea
[09:17] {dino} gtm all brb
[09:18] {Threei} dino :)
[09:18] {bruce} dino
[09:18] {bruce} k thanx patience
[09:18] {Threei} fed really should stop pumping liquidity in
[09:18] {Threei} and cutting rates
[09:19] {bruce} they're reallyacting as if running scared vad
[09:20] {Threei} prolonging agony, staying in denial, posptponing inevitable and actually making the eventual outcome worse
[09:20] {bruce} putting in my bids for msft - 3 bucks - goog - 1.75
[09:20] {Threei} nice prices
[09:20] {Threei} if it gets there I will try to outbid you
[09:20] {bruce} lol
[09:21] {Threei} I won't hesitate to pay 1.76 for GOOG
[09:21] {bruce} stqarbucks - 22 c
[09:21] {Threei} that one you can have, I hate their coffee
[09:21] {bruce} don't tell that to seattle natives
[09:22] {Threei} as long as I am separated by the body of water from them...
[09:23] {bruce} its a nice swim
[09:23] {bruce} aapl looks like it may have made a botom near 120
[09:23] {bruce} anybody swing trading it?
[09:24] {Threei} AAPL? swing trading?
[09:24] {Threei} I am shuddering
[09:25] {Threei} once again guys, don't push, let's be picky and careful
[09:25] {Threei} wait patiently for low risk setups
[09:26] {cosmo} i only buy fresh tulips...
[09:29] {bruce} lol cosmo
[09:29] {bruce} the moneys in tulip futures
[09:29] {Threei} tulip futures = bulbs
[09:29] {_leo1} HI
[09:30] {Threei} leo :)
[09:30] {esemde} SAPE...
[09:30] {lumdus} gm to the whole crew.
[09:30] {Threei} lum :)
[09:31] {Threei} OVTI
[09:31] {Threei} half lot short .20
[09:31] {Threei} stop over .40
[09:33] {Roman}
21 OVTI triggered?
[09:33] {Threei} no
[09:34] {Threei} hopefully forms lower high for tighter stop placement
[09:36] {tomg} gm all
[09:36] {Threei} tom :)
[09:36] {tomg} welcome to the room Thurston
[09:36] {tomg} and jjthetrader
[09:36] {Threei} stop is still .41 for OVTI
[09:36] {ThurstonHowellTheThird} thaks
[09:37] {Threei} topped out at resistance on bounce
[09:37] {Threei} and I had no guts to short it there
[09:37] {jjthetrader} thanks
[09:37] {Threei} dropped about 10-15 cents quickly after triggering
[09:38] {Threei} let's see if it want to show respect and die
[09:38] {Threei} reminder, half lot guys, it's a bit more jumpy than I like for a friday
[09:38] {bruce} in ovti .25
[09:39] {esemde} SAPE...long 7.37 or short 7.16??
[09:40] {Threei} what's with MNTAS? I don't see news
[09:40] {Threei} this is "whatever triggers fiirst" case ese
[09:40] {esemde} 1/4 loss not as big as expected
[09:40] {Threei} MNTA?
[09:41] {Threei} OVTI stopped
[09:41] {cosmo} OVTI pre mkt high = 15.65 fwiw
[09:42] {cosmo} testing
[09:42] {Threei} starts looking like one of those that gap up, cxonsolidate and continue running
[09:42] {Threei} ese, if you took SAPE on break, stop is .19 IMO
[09:43] {esemde} long SAPE .42
[09:43] {bruce} nvda short vad?
[09:44] {Threei} overall yes but I hate shorting this one on breaksdowns
[09:44] {bruce} k
[09:44] {Threei} better try to catch a bounce
[09:45] {Threei} FEB CHICAGO PURCHASING MANAGER'S INDEX: 44.5 V 49.5E
- sub-indices:
[09:45] {Threei} - Prices Paid: 79.4 v 81.7 last
[09:45] {Threei} - New Orders: 48.8 v 44.7 last
[09:45] {Threei} - Employment: 33.5 v 47.0 last
[09:45] {Threei} - Inventories: 46.0 v 51.1 last
[09:45] {Threei} - Supplier Deliveries: 39.6 v 61.7 last
[09:45] {Threei} - Production: 46.5 v 51.3 last
[09:45] {Threei} - Order Backlogs: 38.3 v 48.0 last
[09:45] {bruce} k
[09:45] {lumdus} wow , we going down nicely
[09:46] {Threei} tell it to AKAM
[09:46] {Threei} HEARING TAKEOVER CHATTER CIRCULATING- AT&T rumored as potential acquirer
[09:47] {lumdus} will go long adsk above 32
[09:47] {lumdus} l adsk 32.00 stop 31.94
[09:48] {lumdus} oin - .06
[09:49] {Threei} OVTI .75 long, half lot, stop .59
[09:50] {Threei} last attempt on it, if not cooperating, abndoning it
[09:51] {lumdus} vad, have you noticed alot of low priced stocks going up lately ?
[09:51] {dino} solars getting bids
[09:52] {Threei} yeah lum, even IVAN is hitting highs, lol
[09:52] {Threei} move your lazy butt OVTI
[09:53] {Threei} 1:1 and over
[09:53] {lumdus} vad, that is waht i am saying .. that is why my shift to some of these play aka ctum etc.
[09:53] {dino} grmn l .10 stop lod
[09:53] {lumdus} ovti stop .75 or sell all
[09:53] {lumdus} ?
[09:53] {Threei} at your discretion
[09:54] {lumdus} 15.77 firm stop
[09:54] {Threei} as I stated before opening, this is scalping day for me
[09:54] {lumdus} oh ok .. will sell if goes below .85
[09:55] {magoo} deck short vad?
[09:55] {Threei} FEB FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 70.8 V 70.0E
[09:55] {Threei} DECK is way beyond my risk tolerance magoo
[09:56] {Threei} 2 dollars move in a single breath
[09:56] {lumdus} hmm ovti if you break 16 i hold you alot more
[09:56] {Threei} for you patient types, OVTI is at 1.5:1
[09:57] {lumdus} out ovti .98
[09:57] {lumdus} tx vad
[09:57] {Threei} welcome
[09:58] {Threei} it still owes me a bit, first stop was bigger than this win
[09:58] {Threei} but I foprgive it... will see what else is out there
[09:58] {lumdus} i missed it the first time,
[09:58] {Threei} lol, good for you
[09:59] {Threei} actually 16 break is another long trigger on it but risk is higher here
[09:59] {Threei} valid with .84 stop
[09:59] {magoo} thats my .99 right now
[09:59] {lumdus} not in a trading mood yet, still need to wake up here.
[10:00] {Threei} invalidated if loses .85
[10:00] {bruce} coffee lum - starbucks
[10:01] {Threei} done with OVTI, off my screen
[10:01] {cosmo} gee...picky
[10:01] {Threei} and capricious
[10:01] {cosmo} hmm
[10:02] {bruce} cmed dino
[10:03] {Threei} can't believe VLNC
[10:03] {lumdus} l gld 95.93 stop 95.92
[10:03] {Threei} remember where it was called as swing trade?
[10:03] {Threei} friking 2.35
[10:06] {dino} tighten grmn to .98 not moving
[10:06] {cosmo} GXDX: Genoptix prices a 2.08 mln share common stock offering at $25.50/shareBriefing.com(Fri 7:31am)
[10:07] {cosmo} ... and miky likes it....
[10:07] {Threei} AAPL long for a quick scalp
[10:07] {Threei} stop under .20
[10:08] {Threei} don't chase it over .40
[10:08] {lumdus} in .23 stop .15
[10:09] {Threei} perfect entry, very tight stop, now it's up to market to decide its fate
[10:10] {lumdus} out already
[10:10] {lumdus} got .33
[10:10] {Threei} yup, quick scalp is original intend
[10:10] {lumdus} +.10 is fine with me, that's the intent today . no long haul stuff
[10:10] {Threei} market getting nervous, don't oversit
[10:11] {Threei} short starts looking like path of least resistance
[10:12] {dino} grmn stopped -.12
[10:13] {Threei} AAPl short closer to 128
[10:13] {Threei} fast fingers only
[10:14] {Threei} don't shoet on price alone, watch for it to stall
[10:14] {lumdus} that excludes me then
[10:14] {Threei} if styas under .75 from here, , can try and short .50 breakdown
[10:15] {lumdus} in sds 63.49
[10:15] {lumdus} stop 63.29
[10:15] {magoo} pretty hard sell here mkt
[10:16] {Threei} on no news
[10:16] {Threei} kind of "reality sets in"
[10:16] {Threei} it's still bear market after all
[10:22] {lumdus} sds stopped me. bear market it is.
[10:27] {Threei} RIMM short .15 if stays under .30; otherwise, look to short on bounce closer to .50
[10:29] {lumdus} short .54 stop .65
[10:29] {lumdus} rimm
[10:30] {lumdus} here or i am out
[10:30] {Threei} market's dropping hard, AAPL too
[10:30] {lumdus} stop .34 protect .20 profit at least
[10:31] {Threei} RIMM catches up
[10:31] {lumdus} yeah, but my scalp is alredy payed for. not looking to lose it.
[10:31] {lumdus} out .36
[10:31] {lumdus} +.18 tx vad
[10:31] {bruce} adsk short vad?
[10:31] {Threei} .40 trigger bruce
[10:32] {bruce} k
[10:32] {Threei} .55 stop
[10:32] {Threei} .61 is valid too, depending on your position size
[10:32] {lumdus} s adsk 31.38 sto p31.62
[10:33] {tomg} vad, i've still got 100 ovti
[10:33] {tomg} ?
[10:33] {Threei} from what price tom?
[10:33] {tomg} 15.80
[10:34] {Threei} either put stop at .75 and let it trade
[10:34] {Threei} or just take it off the table and move to better things
[10:35] {tomg} ok, ty
[10:35] {Threei} it's not really readable between .75 and 16
[10:35] {Threei} just noise
[10:35] {Threei} if breaks any of those, becomes more understandable
[10:35] {lumdus} adks ned to go now
[10:37] {lumdus} adsk above .40 and i out, not falling hard enough yet.. we need to hit with that trout stuff
[10:38] {Threei} that's way too tight lum
[10:38] {Threei} too easy to get shaken out of a nice trade
[10:38] {Threei} .51, OK
[10:39] {dino} cmed sm l .99
[10:39] {lumdus} i want to protect my profits from today. you gave me aaapl and rimm don't want to mess it up
[10:39] {Threei} market looks like ready for the next leg down
[10:40] {lumdus} hmm, i guess i am reading it wrong. to me i see a bounce a hard one now..
[10:40] {lumdus} out adsk .28 +.10
[10:40] {Threei} of course in light of recent action it means it's going to spike 20 points now
[10:41] {lumdus} l rimm 106.33 stop
[10:41] {lumdus} big stop 105.99 crap..
[10:42] {Threei} careful lum, today is clean bear so far
[10:42] {lumdus} ok, yeah, looks like bad trade here.
[10:43] {lumdus} i thought it was bouncing here.
[10:43] {Threei} it very well may
[10:43] {Threei} it just wasn't compelling trade
[10:43] {lumdus} i stop now 106.06
[10:43] {lumdus} so only .25 loss if i get stopped.
[10:43] {Threei} kind of coin toss
[10:44] {lumdus} well it did base and show some strength
[10:45] {Threei} here it goes
[10:45] {lumdus} 106.19 stop
[10:46] {lumdus} was hoping for 107, but taking way to long .. in the bear market
[10:47] {Threei} FED'S ROSENGREN: RATE CUTS MAY SIGNIFICANTLY HELP HOUSING SECTOR
[10:47] {Threei} idiot
[10:47] {lumdus} stop at b/e 106.34
[10:47] {lumdus} why he idiiot ?
[10:48] {Threei} not sure... maybe was born this way, maybe got stupid in a process of living
[10:48] {Threei} they cut rates, mortgage rate goes up
[10:48] {Threei} who is benefitting?
[10:48] {lumdus} the banks i guess
[10:49] {lumdus} ok, let's watch rimm
[10:49] {Threei} homeowner? or banks get their funding and ease liquidity crunch on the backs on honest mortgage payers?
[10:49] {Threei} and to the heck qith inflation
[10:49] {lumdus} vad, rimm.. help her
[10:49] {Threei} ah just take profit
[10:50] {lumdus} .79 stop .. i can't just sell
[10:50] {Threei} you have 50 cents, what do you want?
[10:50] {lumdus} ok out .77
[10:50] {dino} gfig
[10:50] {Threei} this market changes on a dime
[10:50] {lumdus} +.47
[10:51] {lumdus} now, back to mortage rates..
[10:51] {Threei} lol
[10:51] {lumdus} vad, in middle of a trade, i need to concentrate..
[10:51] {Threei} really?
[10:51] {Threei} I gotta try that
[10:52] {Threei} I tend to fall asleep when in trade
[10:52] {dino} l gfig sm wide .10
[10:54] {dino} gfig stopped
[10:54] {bruce} aapl looking like it wants to go long vad
[10:54] {Threei} true
[10:54] {Threei} .50 break... risky as hell
[10:55] {lumdus} enough for me this morning. see ya later.
[10:55] {Threei} take care lum
[10:55] {bruce} was thinking pullback to 127.10 in aapl w 25 c stop
[10:55] {Threei} sure... just different way of entry
[10:56] {dino} copla sm wide l .70
[10:57] {Threei} AKAM wants another round
[10:57] {Threei} ugh, broke while I typed
[10:57] {Threei} don't chase, let's try to catch pullback
[10:59] {Threei} .25 was break trigger, so want it around .20-.25
[10:59] {Threei} stop is under .10, and stock is bolatile
[10:59] {Threei} half lot will be appropriate
[11:00] {Threei} anyone managed to catch any of those prints around .25?
[11:01] {Threei} just so I know if anyone needs further comments
[11:01] {Threei} if not let's consider it missed trade
[11:01] {Threei} FED'S MISHKIN: SUSPICIOUS ESTIMATE OF CREDIT LOSS TO BE 1.3% OF GDP
[11:02] {dino} rinse on gfig
[11:05] {Threei} POT is short on bounce
[11:05] {Threei} closer to 160 I'd like
[11:06] {Threei} doesn't look like getting there
[11:09] {Threei} RIMM long .61
[11:09] {Threei} tight stop, just under .50
[11:10] {Threei} invalidated
[11:11] {Threei} will be valid again if not losing .50 anymore
[11:11] {Threei} same condition
[11:12] {Threei} watching POT
[11:13] {magoo} as short right?
[11:13] {Threei} yes
[11:14] {Threei} too volatile, can't nail entry
[11:15] {bruce} any read cmed vad - looks like long on 48 break - samll - risky
[11:15] {Threei} chart is right
[11:17] {bruce} another possibility is nvda long on .57 break - stop would be small
[11:20] {Threei} NASDAQ stalled for the last hour
[11:20] {Threei} very narrow range
[11:20] {Threei} until it resolves, any trade is more of a guess
[11:20] {bruce} k
[11:21] {dino} fwiw bruce i'm l cmed .99
[11:21] {dino} sm
[11:22] {bruce} k dino
[11:22] {bruce} I'm still watching it
[11:24] {dino} don't go off of me, slumping this week
[11:26] {bruce} k - looked like you had good day on tuesday
[11:27] {Threei} RIMM .19 short, .31 stop
[11:28] {dino} that was it
[11:28] {bruce} k
[11:29] {bruce} in rimm s .20
[11:29] {Threei} 1:1 RIMM
[11:29] {bruce} nice tight stop vad
[11:29] {tomg} have a nice weekend everyone, see ya monday
[11:29] {Threei} take care tom
[11:29] {Threei} out RIMM
[11:29] {dino} cya tom
[11:30] {Threei} +.21
[11:30] {Threei} too soon... what else is new
[11:30] {dptl} +/17 ty
[11:30] {Threei} welcome
[11:30] {Threei} bruce will make a buck on it and laugh at us
[11:30] {bruce} out rimm + .46
[11:31] {Threei} there
[11:31] {Threei} isn't it disgusting
[11:31] {bruce} sheesh
[11:31] {Threei} lol
[11:31] {bruce} really needed that win vad
[11:31] {Threei} wtg bruce
[11:31] {Threei} so far, today is nothing like yesterday, much tougher day
[11:32] {dino} gj guys
[11:32] {bruce} k - definitley tough day for me - that was first win
[11:32] {bruce} figures - I'm away markets behave nicely
[11:32] {Threei} so you milked it for all it was capable of
[11:33] {bruce} still trying to get feel for thse kind of moves vad
[11:34] {Threei} I was very tempted to say "yeah me too"
[11:34] {Threei} then decided my wierd sense of humor will get me in troubles once again
[11:34] {dino} cmed stopped
[11:34] {magoo} OVTI went
[11:35] {bruce} wierdness pervaqdes this room vad
[11:35] * bruce slaps magoo around a bit with a large trout
[11:35] {bruce} there
[11:35] {bruce} I feel better already
[11:35] {Threei} you are still in OVTI mags??
[11:36] {Threei} tom OK, I can see him holding that long
[11:36] {magoo} no
[11:36] {Threei} but you?
[11:36] {Threei} you start slapping peole with trout if holding over 1 minute
[11:37] {bruce} thats just a release for an overall crappy day vad
[11:37] {Threei} so whiole I am at it... I stronlgy suggest new guys to duck when magoo unholsters that trout
[11:37] {bruce} time for some revenge trading
[11:37] {Threei} NVDA
[11:37] {Threei} long idea of .50 support
[11:38] {Threei} first strength from here
[11:38] {Threei} with stop as tight as they get
[11:38] {magoo} in .51
[11:38] {Threei} another way to play it is to put stop under .40
[11:39] {Threei} and let it play out, if it breaks .60 should be good for bigger move
[11:39] {Threei} if forces trying to keep market up are at work today again, they will do everything in their power to finish strongly today
[11:40] {Threei} so with 2 cents stop in one scenario or 12 in another... valid trade of support on pullback
[11:42] {Threei} here we go
[11:42] {magoo} like to .71?
[11:42] {Threei} hard core scalpers with stop at .49 have what 1:5?
[11:43] {Threei} hmmm
[11:43] {Threei} I can't assign numpers to the target mags
[11:44] {dino} cavm l .66, stop .34
[11:47] {magoo} that can't be it
[11:49] {bruce} l nvda .53
[11:51] {bruce} nvda gooing to put us to sleep
[11:54] {Threei} you sa it as if it were a bad thing
[11:55] {bruce} heck vad - that'll make us comatose - like you
[11:55] {Threei} again...
[11:55] {Threei} you say it as if it were a bad thing :)
[11:55] {bruce} lol - got me
[11:56] {bruce} we can do it as a range lay - in .52 out .55
[11:56] {bruce} over and over
[11:56] {Threei} lol
[11:57] {bruce} out
[11:57] {bruce} I was looking for move to about .70 like you mags
[11:57] {magoo} and with mkt pulling back
[11:57] {magoo} i am out
[11:59] {Threei} I am not sure I understand
[12:00] {Threei} if your stop was couple centsa, why not take at least part on 10 cents spike
[12:00] {Threei} and if your objective was for more, why so tight stop
[12:00] {magoo} actually, i just cut flat and reloaded lower is all
[12:00] {magoo} thought mkt was losing
[12:00] {Threei} risk/reward are part of the same equation
[12:00] {Threei} can't have one without the other
[12:00] {Threei} (Frank Sinatra)
[12:02] {bruce} looks like market selloff is coming mags
[12:03] {Threei} if it happens look to short RIMM .50
[12:06] {bruce} aapl hugging lows too vad - looks likewe csan take it short w fairly small stop
[12:09] {magoo} its all gonna depend on mkt
[12:10] {magoo} spike up they all gop
[12:10] {magoo} crash, we crash
[12:14] {bruce} thoughts on rimm vad? - looks like we need a stop to .90 if breaks down here
[12:14] {Threei} a bit too wide for my taste
[12:14] {bruce} same
[12:14] {Threei} if market breaks down fast, just short RIMM sggressively
[12:15] {Threei} that's if it pauses before dropping
[12:15] {Threei} if drops just as market does oh well
[12:15] {Threei} siply write it off as a trade than never gave you a chance
[12:17] * Threei slaps Laserdave1 around a bit with a large trout
[12:17] {bruce} aapl broke - miised it - could have got .80 with stop to .04
[12:18] {dino} cavm stop to b/e
[12:18] {magoo} anyone short RIMM here?
[12:19] {ThurstonHowellTheThird} .55
[12:19] {Threei} little help by market and should work
[12:19] {magoo} i sh @ .65
[12:21] {magoo} covered .50
[12:22] {dino} cavm stop to .96
[12:23] {bruce} cool beans mags -
[12:24] {dino} cmed blood
[12:24] {Threei} market is not giving many easy ones today
[12:24] {bruce} yeah- noticed that dino
[12:26] {bruce} market not giving many easy ones this year vad
[12:26] {magoo} shouldn't rimm bounce with mkt vad?
[12:26] {dino} glad i stopped
[12:26] {bruce} only if I short it mags
[12:27] {Threei} it did but somehow not very convincingly
[12:27] {magoo} are u bruce? lol
[12:27] {Threei} here goes your NVDA
[12:27] {bruce} not yet mags
[12:28] {dino} esrx l .48, stop .18
[12:28] {Threei} 11:39] {Threei} if forces trying to keep market up are at work today again, they will do everything in their power to finish strongly today
[12:29] {Threei} looks like they are
[12:30] {dino} i can only buy so much 3i
[12:30] {Threei} come on... sell farm and kids
[12:30] {Threei} I am switching to longs
[12:30] {bruce} especially kids
[12:30] {dino} would like too (not the kids)
[12:31] {dino} just got off the bat phone w/bernie
[12:32] {Threei} AAPL 127 break long if stays above .70
[12:32] {bruce} bernies the new butler?
[12:33] {bruce} poor alfred
[12:33] {dino} lol
[12:35] {dino} out cavm .96 +.30
[12:41] {magoo} mkt doing its best to rinse
[12:41] {bruce} aapl dropped to .68 - 127 break still valid?
[12:41] {Threei} not much surprise there... it does it regularly these days, and it's Friday
[12:42] {Threei} feels so if not losing support anymore bruce
[12:42] {bruce} k
[12:42] {Threei} NQ heard us
[12:42] {Threei} AAPL is holding though
[12:43] {dino} esrx stopped
[12:44] {bruce} riim skirting lows again
[12:47] {magoo} honestly, NVDA holds pretty well...just won't go
[12:50] {Threei} feeling that we are to see rally today gets stronger
[12:50] {bruce} sorry about esrx dino - long breaks not workingvery well
[12:50] {dino} cpla stopped too
[12:51] {dino} sh!t happens bruce, no worries. just making the vacation look better
[12:52] {patience} vad, is your feeling about a rally likely to be right at 1:00 or 2:00....lol. i have Dow puts and considering sellling
[12:52] {Threei} hmm
[12:52] {Threei} good question :)
[12:53] {Threei} in my mind, we are going through shakeouts before ramping up
[12:53] {magoo} dam..OVTI vad
[12:53] {Threei} hard to tell how long those shakes will take
[12:53] {dino} shaking me
[12:53] {bruce} we finally have a higher low in rimm if .54 holds now
[12:54] {Threei} OVTI pullbacks are too deep... otherwise, yeah, attacks highs time and again
[12:55] {Threei} not rushing into longs, want to see pattern confirmation first
[12:55] {magoo} prob prin 18
[12:56] {magoo} print
[12:56] {Threei} OVTI?
[12:56] {Threei} wow, 18 seems a bit too out there
[12:57] {esemde} .have a great weekend everyone...i'm now averaged in on SAPE at 7.21 3/4 lot...we'll see what happens at the end of the day...will not carry over the weekend
[12:57] {bruce} bye ese
[12:57] {Threei} take care ese, have a good one
[12:57] {esemde} see ya vad....
[12:58] {Threei} volume all but dries up on downticks
[12:58] {Threei} then violent upward move comes
[12:58] {Threei} typical rally preparation
[12:59] {magoo} nice observation boioss
[13:00] {Threei} what did you call me?
[13:03] {Threei} see what I mean?
[13:03] {magoo} yeah..i hadn't noticed
[13:03] {magoo} now watching thatv boioss
[13:03] {Threei} lol
[13:04] {Threei} AAPL broke resistance
[13:04] {Threei} NVDA trying
[13:04] {Threei} RIMM trying
[13:04] {Threei} anyone took AAPL, take profit or partial here
[13:04] {bruce} out aapl + .41
[13:04] {Threei} wtg
[13:04] {bruce} lucky
[13:05] {Threei} see NQ? how about that
[13:05] {bruce} thanx vad
[13:05] {Threei} welcome sir
[13:07] {dino} gj
[13:07] {dino} smmx
[13:08] {magoo} exiting NVDA here .66 TY
[13:08] {Threei} sure... but how about some faith
[13:08] {Threei} kidding
[13:09] {magoo} too bad theres a law against reentering pullbk
[13:09] {Threei} yup, you are forbidden from reentering
[13:10] {bruce} was just going to ask if aapl pullback would be good try
[13:10] {Threei} GOOG
[13:10] {Threei} COMSCORE CLARIFIES CLICKTHRU REPORT; SAYS NO EVIDENCE OF SLOWDOWN IN CLICKS - CNBC
[13:10] {dino} mnta
[13:11] {Threei} hmmm
[13:11] {Threei} CHNR
[13:11] {Threei} AGREES TO ACQUIRE COPPER SMELTER LOCATED IN INNER MONGOLIA
[13:11] {Threei} what, Mongolia is the next hot spot?
[13:11] {Threei} look at CHNR
[13:11] {bruce} great - really really really been looking forward to opportuhnity to trade googl;e
[13:11] {bruce} not
[13:11] {dino} sm s smmx .25
[13:12] * Threei books ticket to Mongolia to buy some property
[13:12] {patience} sold june and march Dow (DIA) puts, nice little profit :)
[13:12] {bruce} congrats patience
[13:13] {Threei} not sure what it means but congratulations :)
[13:13] {bruce} patience is buying the beer
[13:13] {bruce} with nigeria money vad?
[13:13] {bruce} nice combo
[13:13] {Threei} and ivory coast
[13:14] {patience} come to victoria bruce and i'll take you on a pub crawl of the local brew pubs
[13:14] {bruce} out aapl +.20
[13:14] {magoo} whats the better long vad? RIMM or AAPL
[13:15] {bruce} qucik scalp off 127
[13:15] {bruce} you're on patience
[13:15] {Threei} AAPl so far mags
[13:15] {dino} gj patience
[13:16] {dino} speaking of pub crawl, magoo, i re-stock the beer fridg today
[13:17] {bruce} magoos eyes brighten
[13:17] {Threei} you restock it and leave for vacation?
[13:17] {Threei} that's very kind of you
[13:17] {magoo} nice guy
[13:18] {bruce} you leaving next weak dino?
[13:18] {bruce} week
[13:18] {bruce} lol
[13:18] {dino} well, i thought since it is friday, we would have a few.
[13:18] {bruce} k
[13:18] {dino} yes bruce playa de carmen, mexico
[13:18] {bruce} hope maggs lets you have some
[13:19] {magoo} will not be any left
[13:19] {Threei} same pattern
[13:19] {bruce} have heard its a great vacation spot dino
[13:19] {Threei} bull flag, slow down, volume disappears, then sharp spike
[13:19] {dino} me too, looking forward to it, sunday to sunday
[13:19] {Threei} ashorts will get killed today
[13:20] {dino} smmx bstop to .84
[13:21] {dino} to .73
[13:22] {dino} cov .70, +.55
[13:23] {bruce} nice one dino
[13:24] {bruce} thats too short dino - you shoud stay another week
[13:25] {dino} lol
[13:25] {dino} don't think my body can handle much more that that, for the abuse
[13:25] {Threei} lol
[13:26] {bruce} oh?
[13:26] {bruce} you into dom mistresses down there or something?
[13:26] {dino} intend to eat and drink heavily
[13:26] {bruce} I thought that was mags thing
[13:27] {dino} indeed
[13:27] {bruce} myfamily wnet to mexico this past christmas - first time away for us dino
[13:27] {bruce} was gret
[13:27] {dino} should be fun group of 16 going, i believe the daytrading room
[13:27] {dino} good to hear
[13:27] {bruce} nice to go w friends
[13:28] {bruce} wrecked my knee playi9ng soccer first day
[13:28] * magoo slaps jjthetrader around a bit with a large trout
[13:28] {dino} yes, couple rounds of golf, maybe some fishing, etc
[13:28] {bruce} and was hopping for a month after
[13:28] {bruce} still - was nice to get away\
[13:28] {Threei} magoo gets violent
[13:29] {magoo} practicing
[13:29] {bruce} eah - mags is tstill warming up
[13:29] {bruce} look out thurston and jj
[13:30] {dino} efut
[13:30] {bruce} aren't there mayan ruins near where you're going dino?
[13:32] {Threei} NVDA is holding this pullback amazingly well
[13:33] {Threei} in AAPl for a scalp
[13:33] {Threei} .69 stop
[13:33] {Threei} out
[13:33] {Threei} easy money
[13:33] {magoo} out too
[13:34] {magoo} do it ahgain
[13:34] {dino} i think 3 hours away bruce, but if closer i'll check it out
[13:34] {dino} i do know that the resort has a tequilla bar
[13:34] {bruce} grmn double bottom here dino
[13:34] {dino} of which, i shall frequent
[13:35] {dino} feels lower. mkt fall
[13:35] {patience} naturally, i sold my puts
[13:35] {dino} going for -320 on dji
[13:35] {bruce} I usually stick to beer - I'm an easy drunk - doesn't take much tequila
[13:36] {Threei} fed opened their mouth again and spooked the market
[13:36] {Threei} FED'S POOLE: FED SHOULD GIVE PRIMACY TO INFLATION OBJECTIVE, MARKET PARTICIPANTS SHOULD BEAR THE COST OF BAD BETS- Says to avoid inflation, rate cuts should be reversed promptly once markets settle down.
[13:36] {bruce} maybe you should add forex and options to the room vad
[13:36] {bruce} patience to lead calls
[13:37] {Threei} FED'S LOCKHART: CONCERNS EXISIT ABOUT CONSUMERS' CAPACITY TO SPEND - Q&A
- Credit card debt, lower prices for homes, other assets could constrain spending.
[13:37] {Threei} - There is reason to be concerned on the health of community banks because of real estate exposure.
[13:37] {patience} i'll post my trades, just thought you guys didn't like options and currency stuff
[13:37] {bruce} media just keeps piling on bad news a bout real estate
[13:38] {Threei} FED'S EVANS: RISK TAKING IS AN INGREDIENT IN ECONOMIC GROWTH, POLICY MUST KEEP FOCUSED ON MEDIUM-TERM GOALS- Says it is an important question whether Fed policy responses will lead to further excesses in the future.
[13:38] {Threei} Poole's comment is what scared the market most of all
[13:38] {magoo} aapl bounce again vad?
[13:38] {bruce} meanwhile - 2 years back - media is in frenzy talking about how people are making fortunes in US real estate
[13:38] {bruce} thanx patience
[13:38] {Threei} not sure this time mags
[13:39] {magoo} they don't like anyone making money is it
[13:39] {magoo} good nvda vbounce area?
[13:39] {bruce} duty calls - taking break - doggy walk time
[13:39] {Threei} I would wait it out
[13:39] {Threei} see, what we have right now:
[13:40] {Threei} market prepared everything for a squeeze and actually started it,
[13:40] {Threei} then these comments hinting at possible end of rate cuts and even hikes scared the bejeezus out of market,
[13:41] {Threei} now it's matter of "shrug it off and do what intened" or "OK, Plan B" for the market
[13:41] {Threei} kind of starting it all over again,
[13:41] {Threei} so I want to see confirmation again
[13:59] {magoo} down 2650
[13:59] {magoo} vad
[13:59] {Threei} ?
[14:00] {magoo} mkts 260
[14:00] {Threei} gosh
[14:00] {Threei} you scared the living daylight out of me
[14:01] {dino} 35 to g0
[14:01] {patience} look at that bastard dow....my paycheque could have been bigger today...the dog
[14:02] {dino} greed is good, huh patience? :)
[14:02] {patience} i'm just p.o.ed
[14:03] {dino} i know, just busting
[14:03] {Threei} one more leg down before bounce
[14:08] {magoo} nvda bounce? aapl/
[14:09] {Threei} AAPL is my choice
[14:09] {Threei} NQ turn up from here is entry signal;
[14:10] {magoo} where u think?
[14:10] {Threei} NQ greening
[14:10] {magoo} huh?
[14:11] {Threei} wave of green on the tape at the moment
[14:11] {Threei} AAPL was around .07 - .13
[14:12] {Threei} same situation
[14:12] {Threei} selling pressure still
[14:13] {Threei} not as clear right now, on a sideline
[14:13] {dino} akam spike
[14:16] {lumdus} go away a few hours and dow down 281 .
[14:16] {Threei} ahhh... it's lum's fault
[14:16] {lumdus} not great, but good prediction by vad this am
[14:17] {lumdus} well, you know i put alot of money in that other stock. not taking that out for a while.
[14:17] {Threei} am maybe but then I said rally lum {G}
[14:17] {lumdus} oh, when did you say rally ?
[14:17] {Threei} waited for you to leave
[14:17] {Threei} and rally actually even started... tyhen another talking head opened its big useless mouth
[14:17] {lumdus} ok, fine. i am out hunting now for some stock
[14:18] {lumdus} you seem to love the fed these days.
[14:18] {Threei} oh, I always loved them
[14:18] {Threei} the day fed is abolished will be the day US recovery starts
[14:19] {Threei} or maybe healing is the better word
[14:19] {lumdus} yeah, but your love is getting more and more every day for them.
[14:21] {bruce} watching cmed here dino -
[14:23] {dino} let me know
[14:23] {dino} cavm i'm watching too
[14:24] {bruce} will do - want to see it showing more strength
[14:29] {lumdus} in dna 76.18
[14:31] {Threei} AAPL 126 break long if stays above 125.80
[14:34] {bruce} mised cmed dino - sorry - my fault - wanted to see it pullback but it just kept rallying
[14:35] {lumdus} stop on dna 75.98
[14:35] {ThurstonHowellTheThird} Is there any way way to make this chatroom beep only when there is a post?
[14:36] {lumdus} and we all fall down . ..
[14:37] {Threei} try File-Options-Sounds-Beep on Channel message
[14:37] {ThurstonHowellTheThird} ok thanks
[14:38] {lumdus} 1:1 on DNA
[14:39] {bruce} Ilike cavm long here dino
[14:39] {lumdus} stop on dna 76.07 for now
[14:40] {dino} cavm l .04 stop .83
[14:42] {Threei} out AAPL here
[14:42] {Threei} looking to reenter on pullback
[14:44] {lumdus} stop on dna 76.17
[14:45] {lumdus} stop on dna 76.19 maybe it run to 78.00 if market behave
[14:47] {Threei} {AAPL} what pullback?
[14:47] {bruce} nice move on aapl vad -
[14:49] {Threei} RIMM long off pulback, stop under 105
[14:50] {Threei} hard to nail exact entry
[14:50] {bruce} any read on dtsi break vad?
[14:51] {Threei} ugh no
[14:51] {Threei} not the kind I would like to trade in this market
[14:51] {bruce} k
[14:51] {dino} darn, partial fill anly l .00
[14:53] {bruce} cmed consolidation here dino - high risk on break of46
[14:54] {lumdus} dna stop now 76.25
[14:55] {dino} gild sm l .60, stop .35
[14:56] {Threei} FED'S POOLE: FED SHOULD BE SLOW TO INTERVENE IN GENERAL, SHOULD LET MARKETS PLAY THEMSELVES OUT
[14:56] {dino} alny stop to .98
[14:58] {Threei} taking bets on markety direction for the last hour
[14:58] {dino} out alny .50, +1.50
[15:00] {Threei} dp, look dcc please
[15:00] {Threei} AAPL is back colser to support 126
[15:02] {bruce} I'm guessing market may go up down or sideways vad
[15:03] {Threei} hmmm
[15:04] {Threei} in
[15:04] {Threei} .87
[15:04] {Threei} .79 stop
[15:04] {magoo} in .95
[15:05] {Threei} chasing a bit
[15:08] {magoo} out 07
[15:10] {Threei} to short RIMM or not to short RIMM...
[15:11] {Threei} can't mske up my mind
[15:11] {dino} back to my coin flip market
[15:11] {bruce} airm spikes dino
[15:12] {patience} i say market goes down vad, my yen calls keep going up
[15:12] {Threei} yup, new low
[15:15] {Threei} AAPL .50 short
[15:16] {dino} cavm stopped
[15:16] {bruce} stop .75 or wso if aapl triggers?
[15:16] {Threei} so far over .70
[15:16] {Threei} over .75 invalidated
[15:18] {dino} esrx lod
[15:18] {dino} below jan lows
[15:18] {dino} esrx
[15:20] {Threei} no worky AAPL
[15:21] {Threei} RIMM was much better short, pciked wrong one for this move
[15:24] {Threei} for someone who was not going to be especially active today I think I overtraded...
[15:24] {Threei} 13 long trades, 9 wins 4 stops,
[15:24] {Threei} 12 short trades, 10 wins 2 stops
[15:25] {magoo} awqesome, and i lost today
[15:26] {dino} you're in the zone vad, great job
[15:27] {Threei} one thing I kept in line with plan was scalping
[15:27] {magoo} i having trouble keep[ing up with u
[15:27] {Threei} probably that's why so many trades, but percentage of wins is good
[15:27] {magoo} like that aapl, .07 obver your entry
[15:27] {Threei} didn't really oversit any of them
[15:27] {magoo} then, miss a scalp out
[15:27] {Threei} well, almost
[15:28] {Threei} yeah, not an evironment to chase mags
[15:28] {Threei} moves are so quickkly reversed, you don't have much room
[15:31] {Threei} today's selling is a good sober up... reminder that it's still a bear market
[15:34] {ThurstonHowellTheThird} testing
[15:34] {Threei} and?
[15:34] {ThurstonHowellTheThird} failed
[15:34] {Threei} lol
[15:34] {ThurstonHowellTheThird} my beep sound
[15:34] {Threei} click on some other window on your screen,
[15:34] {ThurstonHowellTheThird} isn't working
[15:34] {Threei} make this one inactive
[15:34] {Threei} that will be the test
[15:34] {Threei} it shouldn't beep if it's active
[15:35] {ThurstonHowellTheThird} oh ok , I see
[15:35] {Threei} let's test it now
[15:35] {Threei} click somewhere else
[15:35] {Threei} test
[15:35] {Threei} test
[15:35] {ThurstonHowellTheThird} it works , thanks
[15:35] {Threei} :)
[15:37] {Threei} -277 dow
[15:37] {Threei} -33 NQ
[15:37] {Threei} aand still, we haven't had any panic selling
[15:40] {magoo} and a friday
[15:41] {magoo} 300 down
[15:42] {Threei} cosmo
[15:42] {Threei} AOL is pulling plug oln Netscape tomorrow
[15:43] {dino} all things condidered, fwlt held well today for the beating it took the other day
[15:48] {dino} sirf stopped -.06
[15:49] {patience} have fun on your trip dino, good weekend to all, profitable day in spite of sloppy trading
[15:49] {lumdus} l rimm 108.84
[15:49] {lumdus} stop 103.79
[15:50] {lumdus} oin
[15:50] {lumdus} oin -.05
[15:50] {magoo} 329 dn
[15:50] {lumdus} 350 dn
[15:50] {lumdus} nice weekend al.
[15:51] {lumdus} tx vad for a great day
[15:51] {Threei} take care lum, have a good one
[15:51] {dino} seems i was wrong about -320
[15:51] {magoo} no panic either
[15:52] {bruce} have good holiday dino
[15:52] {dino} thanks patience
[15:52] {dino} ty bruce
[15:53] {dino} good luck next week to all
[15:53] {Threei} have a nice relaxing trip dino
[15:53] {Threei} OK guys, thank you all
[15:53] {Threei} have a good weekend
[15:54] {Threei} see you on Monday
[15:54] {magoo} TY vad, ill be in next week
[15:54] {ThurstonHowellTheThird} bye
[15:55] {dino} will do 3i, a bit burnt out lately
[15:59] {dino} take care all, backl on the 11th
[08:38] {patience} morning magoo :)
[08:47] {Threei} Good morning
[08:47] {Threei} US TSY PAULSON SAYS OPPOSES GOV'T INTERVENTION IN HOUSING THAT WOULD BAIL OUT SPECULATORS - WIRE CITING RADIO INTERVIEW
[08:53] {esemde} good morning.....
[08:53] {Threei} ese :)
[08:54] {patience} ese :)
[08:54] {esemde} morning patience
[08:54] {esemde} hows the forex biz these days
[08:54] {patience} past few days have been excellent
[08:55] {esemde} what are you into if I may ask
[08:55] {patience} yen and canadian calls
[08:55] {Threei} I know what I am into... I am into non-interrupted crying over meteoric rise of canadian dollar
[08:55] {patience} june contracts
[08:56] {esemde} good on ya....
[08:56] {patience} ty
[08:57] {esemde} OVTI...showing up on my pre scan alot ...news?
[08:57] {cosmo} OmniVision Q3 profit tops Wall Street view; shares riseat Reuters(Thu 5:40pm)
[08:57] {Threei} 02/28/08 04:15pm [OVTI] Reports Q3 $0.55 v $0.46e, R $224.9M v $225.1Me
[08:57] {cosmo} # OmniVision Predicts 4Q Sales Below ViewsAP(Thu 5:22pm)
[08:57] {esemde} ahhhhh....
[08:57] {esemde} looks promising
[08:58] {cosmo} mixed
[08:58] {Threei} yeah
[08:58] {Threei} beat earnings, lowered guidance
[08:58] {magoo} deck reported last nite..got hit all way down to 108
[08:58] {magoo} i thought it was good report, u got anything vad?
[08:58] {esemde} ouch...
[08:59] {Threei} 02/28/08 04:00pm [DECK] Reports Q4 $2.69 v $2.41e, R $194.2M v $184Me
[08:59] {Threei} - Gudes Q1 EPS "the same or modestly higher than 2007" (implies $0.75+ v 0.92e); guides Q1 sales growth 25% y/y (implies Q1 R$90.8M v $89.6Me).
[08:59] {Threei} - Guides 2008 EPS up 20% (implies $6.07 v $5.82e).
[08:59] {Threei} - Guides 2008 sales growth 25% (implies 2008 R$561Mv $531Me).
[08:59] {Threei} - Expects earnings to grow at a slower pace in the first half.
[08:59] {cosmo} OVTI pre mkt high = 15.65 fwiw
[09:01] {dptl} good morning all
[09:01] {Threei} dp :)
[09:02] {esemde} dp
[09:06] {Threei} OK guys, we have two-pronged reason to stay on careful scalping only side today
[09:06] {Threei} one is obvious, this is Friday
[09:07] {Threei} another is, we had unusually easy day of trading yesterday
[09:07] {Threei} and the way things lately, market will punish any complacency we allow ourselves to get into
[09:08] {esemde} wasn't there for the whole day Vad....what do you mean by unusually easy
[09:08] {bruce} jump for joy - leap year is here
[09:08] {Threei} nice and easy to read moves on stocks that rarely are easy
[09:08] {Threei} bruce :)
[09:08] {bruce} vadster
[09:08] {esemde} hmmmmmm
[09:08] {Threei} AAPL for instance
[09:08] {esemde} bruce
[09:08] {bruce} hey ese
[09:09] {Threei} we played it several times, on both sides long and short,
[09:09] {esemde} well done gents
[09:09] {Threei} dptl was so oblivious to the "tough market" mantra that actually allowed himself to get full point profit on one of the calls,
[09:09] {Threei} made me jealous so on next one I did the same
[09:09] {Threei} and beat him by one cent
[09:09] {esemde} any reason for
[09:09] {Threei} (my darn competitive nature)
[09:10] {esemde} these easy moves....indexes predictable
[09:10] {esemde} ???
[09:10] {Threei} who knows... as a trader I don't ask why when I get easy ride, I simply kill a chicken and lay entrails to the feet of trading gods
[09:11] {dptl} lol
[09:11] {esemde} now that is an analogy....that i haven't heard before
[09:12] {Threei} requirement is to bring one's finest cheeses... but I love cheese myself so I cheat and give them what I don't eat anyway
[09:13] {Threei} so... under risk to be slapped silly by magoo, I intend (at least so far) to stay on conservative side, take only trades offering the least risk and be very picky overall
[09:13] {Threei} welcome to the room jjthetrader
[09:16] {Threei} welcome to the room ThurstonHowellTheThird
[09:16] {ThurstonHowellTheThird} good morning
[09:16] {Threei} gosh... what a nick, lol
[09:16] {dptl} lol
[09:16] {Threei} good luck typing it whoever wants to greet new guy {G}
[09:16] {magoo} morn the third:)
[09:16] {Threei} oops
[09:16] {Threei} magoo simplified it
[09:16] {Threei} took easy way out eh?
[09:17] {ThurstonHowellTheThird} sounds good to me
[09:17] {bruce} patience -sounds like you're long can dollar - you still see itrising against US?
[09:17] {patience} no idea. i'm guessing u.s. dollar is bottoming. but really have no idea
[09:17] {dino} gtm all brb
[09:18] {Threei} dino :)
[09:18] {bruce} dino
[09:18] {bruce} k thanx patience
[09:18] {Threei} fed really should stop pumping liquidity in
[09:18] {Threei} and cutting rates
[09:19] {bruce} they're reallyacting as if running scared vad
[09:20] {Threei} prolonging agony, staying in denial, posptponing inevitable and actually making the eventual outcome worse
[09:20] {bruce} putting in my bids for msft - 3 bucks - goog - 1.75
[09:20] {Threei} nice prices
[09:20] {Threei} if it gets there I will try to outbid you
[09:20] {bruce} lol
[09:21] {Threei} I won't hesitate to pay 1.76 for GOOG
[09:21] {bruce} stqarbucks - 22 c
[09:21] {Threei} that one you can have, I hate their coffee
[09:21] {bruce} don't tell that to seattle natives
[09:22] {Threei} as long as I am separated by the body of water from them...
[09:23] {bruce} its a nice swim
[09:23] {bruce} aapl looks like it may have made a botom near 120
[09:23] {bruce} anybody swing trading it?
[09:24] {Threei} AAPL? swing trading?
[09:24] {Threei} I am shuddering
[09:25] {Threei} once again guys, don't push, let's be picky and careful
[09:25] {Threei} wait patiently for low risk setups
[09:26] {cosmo} i only buy fresh tulips...
[09:29] {bruce} lol cosmo
[09:29] {bruce} the moneys in tulip futures
[09:29] {Threei} tulip futures = bulbs
[09:29] {_leo1} HI
[09:30] {Threei} leo :)
[09:30] {esemde} SAPE...
[09:30] {lumdus} gm to the whole crew.
[09:30] {Threei} lum :)
[09:31] {Threei} OVTI
[09:31] {Threei} half lot short .20
[09:31] {Threei} stop over .40
[09:33] {Roman}
21 OVTI triggered?
[09:33] {Threei} no
[09:34] {Threei} hopefully forms lower high for tighter stop placement
[09:36] {tomg} gm all
[09:36] {Threei} tom :)
[09:36] {tomg} welcome to the room Thurston
[09:36] {tomg} and jjthetrader
[09:36] {Threei} stop is still .41 for OVTI
[09:36] {ThurstonHowellTheThird} thaks
[09:37] {Threei} topped out at resistance on bounce
[09:37] {Threei} and I had no guts to short it there
[09:37] {jjthetrader} thanks
[09:37] {Threei} dropped about 10-15 cents quickly after triggering
[09:38] {Threei} let's see if it want to show respect and die
[09:38] {Threei} reminder, half lot guys, it's a bit more jumpy than I like for a friday
[09:38] {bruce} in ovti .25
[09:39] {esemde} SAPE...long 7.37 or short 7.16??
[09:40] {Threei} what's with MNTAS? I don't see news
[09:40] {Threei} this is "whatever triggers fiirst" case ese
[09:40] {esemde} 1/4 loss not as big as expected
[09:40] {Threei} MNTA?
[09:41] {Threei} OVTI stopped
[09:41] {cosmo} OVTI pre mkt high = 15.65 fwiw
[09:42] {cosmo} testing
[09:42] {Threei} starts looking like one of those that gap up, cxonsolidate and continue running
[09:42] {Threei} ese, if you took SAPE on break, stop is .19 IMO
[09:43] {esemde} long SAPE .42
[09:43] {bruce} nvda short vad?
[09:44] {Threei} overall yes but I hate shorting this one on breaksdowns
[09:44] {bruce} k
[09:44] {Threei} better try to catch a bounce
[09:45] {Threei} FEB CHICAGO PURCHASING MANAGER'S INDEX: 44.5 V 49.5E
- sub-indices:
[09:45] {Threei} - Prices Paid: 79.4 v 81.7 last
[09:45] {Threei} - New Orders: 48.8 v 44.7 last
[09:45] {Threei} - Employment: 33.5 v 47.0 last
[09:45] {Threei} - Inventories: 46.0 v 51.1 last
[09:45] {Threei} - Supplier Deliveries: 39.6 v 61.7 last
[09:45] {Threei} - Production: 46.5 v 51.3 last
[09:45] {Threei} - Order Backlogs: 38.3 v 48.0 last
[09:45] {bruce} k
[09:45] {lumdus} wow , we going down nicely
[09:46] {Threei} tell it to AKAM
[09:46] {Threei} HEARING TAKEOVER CHATTER CIRCULATING- AT&T rumored as potential acquirer
[09:47] {lumdus} will go long adsk above 32
[09:47] {lumdus} l adsk 32.00 stop 31.94
[09:48] {lumdus} oin - .06
[09:49] {Threei} OVTI .75 long, half lot, stop .59
[09:50] {Threei} last attempt on it, if not cooperating, abndoning it
[09:51] {lumdus} vad, have you noticed alot of low priced stocks going up lately ?
[09:51] {dino} solars getting bids
[09:52] {Threei} yeah lum, even IVAN is hitting highs, lol
[09:52] {Threei} move your lazy butt OVTI
[09:53] {Threei} 1:1 and over
[09:53] {lumdus} vad, that is waht i am saying .. that is why my shift to some of these play aka ctum etc.
[09:53] {dino} grmn l .10 stop lod
[09:53] {lumdus} ovti stop .75 or sell all
[09:53] {lumdus} ?
[09:53] {Threei} at your discretion
[09:54] {lumdus} 15.77 firm stop
[09:54] {Threei} as I stated before opening, this is scalping day for me
[09:54] {lumdus} oh ok .. will sell if goes below .85
[09:55] {magoo} deck short vad?
[09:55] {Threei} FEB FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 70.8 V 70.0E
[09:55] {Threei} DECK is way beyond my risk tolerance magoo
[09:56] {Threei} 2 dollars move in a single breath
[09:56] {lumdus} hmm ovti if you break 16 i hold you alot more
[09:56] {Threei} for you patient types, OVTI is at 1.5:1
[09:57] {lumdus} out ovti .98
[09:57] {lumdus} tx vad
[09:57] {Threei} welcome
[09:58] {Threei} it still owes me a bit, first stop was bigger than this win
[09:58] {Threei} but I foprgive it... will see what else is out there
[09:58] {lumdus} i missed it the first time,
[09:58] {Threei} lol, good for you
[09:59] {Threei} actually 16 break is another long trigger on it but risk is higher here
[09:59] {Threei} valid with .84 stop
[09:59] {magoo} thats my .99 right now
[09:59] {lumdus} not in a trading mood yet, still need to wake up here.
[10:00] {Threei} invalidated if loses .85
[10:00] {bruce} coffee lum - starbucks
[10:01] {Threei} done with OVTI, off my screen
[10:01] {cosmo} gee...picky
[10:01] {Threei} and capricious
[10:01] {cosmo} hmm
[10:02] {bruce} cmed dino
[10:03] {Threei} can't believe VLNC
[10:03] {lumdus} l gld 95.93 stop 95.92
[10:03] {Threei} remember where it was called as swing trade?
[10:03] {Threei} friking 2.35
[10:06] {dino} tighten grmn to .98 not moving
[10:06] {cosmo} GXDX: Genoptix prices a 2.08 mln share common stock offering at $25.50/shareBriefing.com(Fri 7:31am)
[10:07] {cosmo} ... and miky likes it....
[10:07] {Threei} AAPL long for a quick scalp
[10:07] {Threei} stop under .20
[10:08] {Threei} don't chase it over .40
[10:08] {lumdus} in .23 stop .15
[10:09] {Threei} perfect entry, very tight stop, now it's up to market to decide its fate
[10:10] {lumdus} out already
[10:10] {lumdus} got .33
[10:10] {Threei} yup, quick scalp is original intend
[10:10] {lumdus} +.10 is fine with me, that's the intent today . no long haul stuff
[10:10] {Threei} market getting nervous, don't oversit
[10:11] {Threei} short starts looking like path of least resistance
[10:12] {dino} grmn stopped -.12
[10:13] {Threei} AAPl short closer to 128
[10:13] {Threei} fast fingers only
[10:14] {Threei} don't shoet on price alone, watch for it to stall
[10:14] {lumdus} that excludes me then
[10:14] {Threei} if styas under .75 from here, , can try and short .50 breakdown
[10:15] {lumdus} in sds 63.49
[10:15] {lumdus} stop 63.29
[10:15] {magoo} pretty hard sell here mkt
[10:16] {Threei} on no news
[10:16] {Threei} kind of "reality sets in"
[10:16] {Threei} it's still bear market after all
[10:22] {lumdus} sds stopped me. bear market it is.
[10:27] {Threei} RIMM short .15 if stays under .30; otherwise, look to short on bounce closer to .50
[10:29] {lumdus} short .54 stop .65
[10:29] {lumdus} rimm
[10:30] {lumdus} here or i am out
[10:30] {Threei} market's dropping hard, AAPL too
[10:30] {lumdus} stop .34 protect .20 profit at least
[10:31] {Threei} RIMM catches up
[10:31] {lumdus} yeah, but my scalp is alredy payed for. not looking to lose it.
[10:31] {lumdus} out .36
[10:31] {lumdus} +.18 tx vad
[10:31] {bruce} adsk short vad?
[10:31] {Threei} .40 trigger bruce
[10:32] {bruce} k
[10:32] {Threei} .55 stop
[10:32] {Threei} .61 is valid too, depending on your position size
[10:32] {lumdus} s adsk 31.38 sto p31.62
[10:33] {tomg} vad, i've still got 100 ovti
[10:33] {tomg} ?
[10:33] {Threei} from what price tom?
[10:33] {tomg} 15.80
[10:34] {Threei} either put stop at .75 and let it trade
[10:34] {Threei} or just take it off the table and move to better things
[10:35] {tomg} ok, ty
[10:35] {Threei} it's not really readable between .75 and 16
[10:35] {Threei} just noise
[10:35] {Threei} if breaks any of those, becomes more understandable
[10:35] {lumdus} adks ned to go now
[10:37] {lumdus} adsk above .40 and i out, not falling hard enough yet.. we need to hit with that trout stuff
[10:38] {Threei} that's way too tight lum
[10:38] {Threei} too easy to get shaken out of a nice trade
[10:38] {Threei} .51, OK
[10:39] {dino} cmed sm l .99
[10:39] {lumdus} i want to protect my profits from today. you gave me aaapl and rimm don't want to mess it up
[10:39] {Threei} market looks like ready for the next leg down
[10:40] {lumdus} hmm, i guess i am reading it wrong. to me i see a bounce a hard one now..
[10:40] {lumdus} out adsk .28 +.10
[10:40] {Threei} of course in light of recent action it means it's going to spike 20 points now
[10:41] {lumdus} l rimm 106.33 stop
[10:41] {lumdus} big stop 105.99 crap..
[10:42] {Threei} careful lum, today is clean bear so far
[10:42] {lumdus} ok, yeah, looks like bad trade here.
[10:43] {lumdus} i thought it was bouncing here.
[10:43] {Threei} it very well may
[10:43] {Threei} it just wasn't compelling trade
[10:43] {lumdus} i stop now 106.06
[10:43] {lumdus} so only .25 loss if i get stopped.
[10:43] {Threei} kind of coin toss
[10:44] {lumdus} well it did base and show some strength
[10:45] {Threei} here it goes
[10:45] {lumdus} 106.19 stop
[10:46] {lumdus} was hoping for 107, but taking way to long .. in the bear market
[10:47] {Threei} FED'S ROSENGREN: RATE CUTS MAY SIGNIFICANTLY HELP HOUSING SECTOR
[10:47] {Threei} idiot
[10:47] {lumdus} stop at b/e 106.34
[10:47] {lumdus} why he idiiot ?
[10:48] {Threei} not sure... maybe was born this way, maybe got stupid in a process of living
[10:48] {Threei} they cut rates, mortgage rate goes up
[10:48] {Threei} who is benefitting?
[10:48] {lumdus} the banks i guess
[10:49] {lumdus} ok, let's watch rimm
[10:49] {Threei} homeowner? or banks get their funding and ease liquidity crunch on the backs on honest mortgage payers?
[10:49] {Threei} and to the heck qith inflation
[10:49] {lumdus} vad, rimm.. help her
[10:49] {Threei} ah just take profit
[10:50] {lumdus} .79 stop .. i can't just sell
[10:50] {Threei} you have 50 cents, what do you want?
[10:50] {lumdus} ok out .77
[10:50] {dino} gfig
[10:50] {Threei} this market changes on a dime
[10:50] {lumdus} +.47
[10:51] {lumdus} now, back to mortage rates..
[10:51] {Threei} lol
[10:51] {lumdus} vad, in middle of a trade, i need to concentrate..
[10:51] {Threei} really?
[10:51] {Threei} I gotta try that
[10:52] {Threei} I tend to fall asleep when in trade
[10:52] {dino} l gfig sm wide .10
[10:54] {dino} gfig stopped
[10:54] {bruce} aapl looking like it wants to go long vad
[10:54] {Threei} true
[10:54] {Threei} .50 break... risky as hell
[10:55] {lumdus} enough for me this morning. see ya later.
[10:55] {Threei} take care lum
[10:55] {bruce} was thinking pullback to 127.10 in aapl w 25 c stop
[10:55] {Threei} sure... just different way of entry
[10:56] {dino} copla sm wide l .70
[10:57] {Threei} AKAM wants another round
[10:57] {Threei} ugh, broke while I typed
[10:57] {Threei} don't chase, let's try to catch pullback
[10:59] {Threei} .25 was break trigger, so want it around .20-.25
[10:59] {Threei} stop is under .10, and stock is bolatile
[10:59] {Threei} half lot will be appropriate
[11:00] {Threei} anyone managed to catch any of those prints around .25?
[11:01] {Threei} just so I know if anyone needs further comments
[11:01] {Threei} if not let's consider it missed trade
[11:01] {Threei} FED'S MISHKIN: SUSPICIOUS ESTIMATE OF CREDIT LOSS TO BE 1.3% OF GDP
[11:02] {dino} rinse on gfig
[11:05] {Threei} POT is short on bounce
[11:05] {Threei} closer to 160 I'd like
[11:06] {Threei} doesn't look like getting there
[11:09] {Threei} RIMM long .61
[11:09] {Threei} tight stop, just under .50
[11:10] {Threei} invalidated
[11:11] {Threei} will be valid again if not losing .50 anymore
[11:11] {Threei} same condition
[11:12] {Threei} watching POT
[11:13] {magoo} as short right?
[11:13] {Threei} yes
[11:14] {Threei} too volatile, can't nail entry
[11:15] {bruce} any read cmed vad - looks like long on 48 break - samll - risky
[11:15] {Threei} chart is right
[11:17] {bruce} another possibility is nvda long on .57 break - stop would be small
[11:20] {Threei} NASDAQ stalled for the last hour
[11:20] {Threei} very narrow range
[11:20] {Threei} until it resolves, any trade is more of a guess
[11:20] {bruce} k
[11:21] {dino} fwiw bruce i'm l cmed .99
[11:21] {dino} sm
[11:22] {bruce} k dino
[11:22] {bruce} I'm still watching it
[11:24] {dino} don't go off of me, slumping this week
[11:26] {bruce} k - looked like you had good day on tuesday
[11:27] {Threei} RIMM .19 short, .31 stop
[11:28] {dino} that was it
[11:28] {bruce} k
[11:29] {bruce} in rimm s .20
[11:29] {Threei} 1:1 RIMM
[11:29] {bruce} nice tight stop vad
[11:29] {tomg} have a nice weekend everyone, see ya monday
[11:29] {Threei} take care tom
[11:29] {Threei} out RIMM
[11:29] {dino} cya tom
[11:30] {Threei} +.21
[11:30] {Threei} too soon... what else is new
[11:30] {dptl} +/17 ty
[11:30] {Threei} welcome
[11:30] {Threei} bruce will make a buck on it and laugh at us
[11:30] {bruce} out rimm + .46
[11:31] {Threei} there
[11:31] {Threei} isn't it disgusting
[11:31] {bruce} sheesh
[11:31] {Threei} lol
[11:31] {bruce} really needed that win vad
[11:31] {Threei} wtg bruce
[11:31] {Threei} so far, today is nothing like yesterday, much tougher day
[11:32] {dino} gj guys
[11:32] {bruce} k - definitley tough day for me - that was first win
[11:32] {bruce} figures - I'm away markets behave nicely
[11:32] {Threei} so you milked it for all it was capable of
[11:33] {bruce} still trying to get feel for thse kind of moves vad
[11:34] {Threei} I was very tempted to say "yeah me too"
[11:34] {Threei} then decided my wierd sense of humor will get me in troubles once again
[11:34] {dino} cmed stopped
[11:34] {magoo} OVTI went
[11:35] {bruce} wierdness pervaqdes this room vad
[11:35] * bruce slaps magoo around a bit with a large trout
[11:35] {bruce} there
[11:35] {bruce} I feel better already
[11:35] {Threei} you are still in OVTI mags??
[11:36] {Threei} tom OK, I can see him holding that long
[11:36] {magoo} no
[11:36] {Threei} but you?
[11:36] {Threei} you start slapping peole with trout if holding over 1 minute
[11:37] {bruce} thats just a release for an overall crappy day vad
[11:37] {Threei} so whiole I am at it... I stronlgy suggest new guys to duck when magoo unholsters that trout
[11:37] {bruce} time for some revenge trading
[11:37] {Threei} NVDA
[11:37] {Threei} long idea of .50 support
[11:38] {Threei} first strength from here
[11:38] {Threei} with stop as tight as they get
[11:38] {magoo} in .51
[11:38] {Threei} another way to play it is to put stop under .40
[11:39] {Threei} and let it play out, if it breaks .60 should be good for bigger move
[11:39] {Threei} if forces trying to keep market up are at work today again, they will do everything in their power to finish strongly today
[11:40] {Threei} so with 2 cents stop in one scenario or 12 in another... valid trade of support on pullback
[11:42] {Threei} here we go
[11:42] {magoo} like to .71?
[11:42] {Threei} hard core scalpers with stop at .49 have what 1:5?
[11:43] {Threei} hmmm
[11:43] {Threei} I can't assign numpers to the target mags
[11:44] {dino} cavm l .66, stop .34
[11:47] {magoo} that can't be it
[11:49] {bruce} l nvda .53
[11:51] {bruce} nvda gooing to put us to sleep
[11:54] {Threei} you sa it as if it were a bad thing
[11:55] {bruce} heck vad - that'll make us comatose - like you
[11:55] {Threei} again...
[11:55] {Threei} you say it as if it were a bad thing :)
[11:55] {bruce} lol - got me
[11:56] {bruce} we can do it as a range lay - in .52 out .55
[11:56] {bruce} over and over
[11:56] {Threei} lol
[11:57] {bruce} out
[11:57] {bruce} I was looking for move to about .70 like you mags
[11:57] {magoo} and with mkt pulling back
[11:57] {magoo} i am out
[11:59] {Threei} I am not sure I understand
[12:00] {Threei} if your stop was couple centsa, why not take at least part on 10 cents spike
[12:00] {Threei} and if your objective was for more, why so tight stop
[12:00] {magoo} actually, i just cut flat and reloaded lower is all
[12:00] {magoo} thought mkt was losing
[12:00] {Threei} risk/reward are part of the same equation
[12:00] {Threei} can't have one without the other
[12:00] {Threei} (Frank Sinatra)
[12:02] {bruce} looks like market selloff is coming mags
[12:03] {Threei} if it happens look to short RIMM .50
[12:06] {bruce} aapl hugging lows too vad - looks likewe csan take it short w fairly small stop
[12:09] {magoo} its all gonna depend on mkt
[12:10] {magoo} spike up they all gop
[12:10] {magoo} crash, we crash
[12:14] {bruce} thoughts on rimm vad? - looks like we need a stop to .90 if breaks down here
[12:14] {Threei} a bit too wide for my taste
[12:14] {bruce} same
[12:14] {Threei} if market breaks down fast, just short RIMM sggressively
[12:15] {Threei} that's if it pauses before dropping
[12:15] {Threei} if drops just as market does oh well
[12:15] {Threei} siply write it off as a trade than never gave you a chance
[12:17] * Threei slaps Laserdave1 around a bit with a large trout
[12:17] {bruce} aapl broke - miised it - could have got .80 with stop to .04
[12:18] {dino} cavm stop to b/e
[12:18] {magoo} anyone short RIMM here?
[12:19] {ThurstonHowellTheThird} .55
[12:19] {Threei} little help by market and should work
[12:19] {magoo} i sh @ .65
[12:21] {magoo} covered .50
[12:22] {dino} cavm stop to .96
[12:23] {bruce} cool beans mags -
[12:24] {dino} cmed blood
[12:24] {Threei} market is not giving many easy ones today
[12:24] {bruce} yeah- noticed that dino
[12:26] {bruce} market not giving many easy ones this year vad
[12:26] {magoo} shouldn't rimm bounce with mkt vad?
[12:26] {dino} glad i stopped
[12:26] {bruce} only if I short it mags
[12:27] {Threei} it did but somehow not very convincingly
[12:27] {magoo} are u bruce? lol
[12:27] {Threei} here goes your NVDA
[12:27] {bruce} not yet mags
[12:28] {dino} esrx l .48, stop .18
[12:28] {Threei} 11:39] {Threei} if forces trying to keep market up are at work today again, they will do everything in their power to finish strongly today
[12:29] {Threei} looks like they are
[12:30] {dino} i can only buy so much 3i
[12:30] {Threei} come on... sell farm and kids
[12:30] {Threei} I am switching to longs
[12:30] {bruce} especially kids
[12:30] {dino} would like too (not the kids)
[12:31] {dino} just got off the bat phone w/bernie
[12:32] {Threei} AAPL 127 break long if stays above .70
[12:32] {bruce} bernies the new butler?
[12:33] {bruce} poor alfred
[12:33] {dino} lol
[12:35] {dino} out cavm .96 +.30
[12:41] {magoo} mkt doing its best to rinse
[12:41] {bruce} aapl dropped to .68 - 127 break still valid?
[12:41] {Threei} not much surprise there... it does it regularly these days, and it's Friday
[12:42] {Threei} feels so if not losing support anymore bruce
[12:42] {bruce} k
[12:42] {Threei} NQ heard us
[12:42] {Threei} AAPL is holding though
[12:43] {dino} esrx stopped
[12:44] {bruce} riim skirting lows again
[12:47] {magoo} honestly, NVDA holds pretty well...just won't go
[12:50] {Threei} feeling that we are to see rally today gets stronger
[12:50] {bruce} sorry about esrx dino - long breaks not workingvery well
[12:50] {dino} cpla stopped too
[12:51] {dino} sh!t happens bruce, no worries. just making the vacation look better
[12:52] {patience} vad, is your feeling about a rally likely to be right at 1:00 or 2:00....lol. i have Dow puts and considering sellling
[12:52] {Threei} hmm
[12:52] {Threei} good question :)
[12:53] {Threei} in my mind, we are going through shakeouts before ramping up
[12:53] {magoo} dam..OVTI vad
[12:53] {Threei} hard to tell how long those shakes will take
[12:53] {dino} shaking me
[12:53] {bruce} we finally have a higher low in rimm if .54 holds now
[12:54] {Threei} OVTI pullbacks are too deep... otherwise, yeah, attacks highs time and again
[12:55] {Threei} not rushing into longs, want to see pattern confirmation first
[12:55] {magoo} prob prin 18
[12:56] {magoo} print
[12:56] {Threei} OVTI?
[12:56] {Threei} wow, 18 seems a bit too out there
[12:57] {esemde} .have a great weekend everyone...i'm now averaged in on SAPE at 7.21 3/4 lot...we'll see what happens at the end of the day...will not carry over the weekend
[12:57] {bruce} bye ese
[12:57] {Threei} take care ese, have a good one
[12:57] {esemde} see ya vad....
[12:58] {Threei} volume all but dries up on downticks
[12:58] {Threei} then violent upward move comes
[12:58] {Threei} typical rally preparation
[12:59] {magoo} nice observation boioss
[13:00] {Threei} what did you call me?
[13:03] {Threei} see what I mean?
[13:03] {magoo} yeah..i hadn't noticed
[13:03] {magoo} now watching thatv boioss
[13:03] {Threei} lol
[13:04] {Threei} AAPL broke resistance
[13:04] {Threei} NVDA trying
[13:04] {Threei} RIMM trying
[13:04] {Threei} anyone took AAPL, take profit or partial here
[13:04] {bruce} out aapl + .41
[13:04] {Threei} wtg
[13:04] {bruce} lucky
[13:05] {Threei} see NQ? how about that
[13:05] {bruce} thanx vad
[13:05] {Threei} welcome sir
[13:07] {dino} gj
[13:07] {dino} smmx
[13:08] {magoo} exiting NVDA here .66 TY
[13:08] {Threei} sure... but how about some faith
[13:08] {Threei} kidding
[13:09] {magoo} too bad theres a law against reentering pullbk
[13:09] {Threei} yup, you are forbidden from reentering
[13:10] {bruce} was just going to ask if aapl pullback would be good try
[13:10] {Threei} GOOG
[13:10] {Threei} COMSCORE CLARIFIES CLICKTHRU REPORT; SAYS NO EVIDENCE OF SLOWDOWN IN CLICKS - CNBC
[13:10] {dino} mnta
[13:11] {Threei} hmmm
[13:11] {Threei} CHNR
[13:11] {Threei} AGREES TO ACQUIRE COPPER SMELTER LOCATED IN INNER MONGOLIA
[13:11] {Threei} what, Mongolia is the next hot spot?
[13:11] {Threei} look at CHNR
[13:11] {bruce} great - really really really been looking forward to opportuhnity to trade googl;e
[13:11] {bruce} not
[13:11] {dino} sm s smmx .25
[13:12] * Threei books ticket to Mongolia to buy some property
[13:12] {patience} sold june and march Dow (DIA) puts, nice little profit :)
[13:12] {bruce} congrats patience
[13:13] {Threei} not sure what it means but congratulations :)
[13:13] {bruce} patience is buying the beer
[13:13] {bruce} with nigeria money vad?
[13:13] {bruce} nice combo
[13:13] {Threei} and ivory coast
[13:14] {patience} come to victoria bruce and i'll take you on a pub crawl of the local brew pubs
[13:14] {bruce} out aapl +.20
[13:14] {magoo} whats the better long vad? RIMM or AAPL
[13:15] {bruce} qucik scalp off 127
[13:15] {bruce} you're on patience
[13:15] {Threei} AAPl so far mags
[13:15] {dino} gj patience
[13:16] {dino} speaking of pub crawl, magoo, i re-stock the beer fridg today
[13:17] {bruce} magoos eyes brighten
[13:17] {Threei} you restock it and leave for vacation?
[13:17] {Threei} that's very kind of you
[13:17] {magoo} nice guy
[13:18] {bruce} you leaving next weak dino?
[13:18] {bruce} week
[13:18] {bruce} lol
[13:18] {dino} well, i thought since it is friday, we would have a few.
[13:18] {bruce} k
[13:18] {dino} yes bruce playa de carmen, mexico
[13:18] {bruce} hope maggs lets you have some
[13:19] {magoo} will not be any left
[13:19] {Threei} same pattern
[13:19] {bruce} have heard its a great vacation spot dino
[13:19] {Threei} bull flag, slow down, volume disappears, then sharp spike
[13:19] {dino} me too, looking forward to it, sunday to sunday
[13:19] {Threei} ashorts will get killed today
[13:20] {dino} smmx bstop to .84
[13:21] {dino} to .73
[13:22] {dino} cov .70, +.55
[13:23] {bruce} nice one dino
[13:24] {bruce} thats too short dino - you shoud stay another week
[13:25] {dino} lol
[13:25] {dino} don't think my body can handle much more that that, for the abuse
[13:25] {Threei} lol
[13:26] {bruce} oh?
[13:26] {bruce} you into dom mistresses down there or something?
[13:26] {dino} intend to eat and drink heavily
[13:26] {bruce} I thought that was mags thing
[13:27] {dino} indeed
[13:27] {bruce} myfamily wnet to mexico this past christmas - first time away for us dino
[13:27] {bruce} was gret
[13:27] {dino} should be fun group of 16 going, i believe the daytrading room
[13:27] {dino} good to hear
[13:27] {bruce} nice to go w friends
[13:28] {bruce} wrecked my knee playi9ng soccer first day
[13:28] * magoo slaps jjthetrader around a bit with a large trout
[13:28] {dino} yes, couple rounds of golf, maybe some fishing, etc
[13:28] {bruce} and was hopping for a month after
[13:28] {bruce} still - was nice to get away\
[13:28] {Threei} magoo gets violent
[13:29] {magoo} practicing
[13:29] {bruce} eah - mags is tstill warming up
[13:29] {bruce} look out thurston and jj
[13:30] {dino} efut
[13:30] {bruce} aren't there mayan ruins near where you're going dino?
[13:32] {Threei} NVDA is holding this pullback amazingly well
[13:33] {Threei} in AAPl for a scalp
[13:33] {Threei} .69 stop
[13:33] {Threei} out
[13:33] {Threei} easy money
[13:33] {magoo} out too
[13:34] {magoo} do it ahgain
[13:34] {dino} i think 3 hours away bruce, but if closer i'll check it out
[13:34] {dino} i do know that the resort has a tequilla bar
[13:34] {bruce} grmn double bottom here dino
[13:34] {dino} of which, i shall frequent
[13:35] {dino} feels lower. mkt fall
[13:35] {patience} naturally, i sold my puts
[13:35] {dino} going for -320 on dji
[13:35] {bruce} I usually stick to beer - I'm an easy drunk - doesn't take much tequila
[13:36] {Threei} fed opened their mouth again and spooked the market
[13:36] {Threei} FED'S POOLE: FED SHOULD GIVE PRIMACY TO INFLATION OBJECTIVE, MARKET PARTICIPANTS SHOULD BEAR THE COST OF BAD BETS- Says to avoid inflation, rate cuts should be reversed promptly once markets settle down.
[13:36] {bruce} maybe you should add forex and options to the room vad
[13:36] {bruce} patience to lead calls
[13:37] {Threei} FED'S LOCKHART: CONCERNS EXISIT ABOUT CONSUMERS' CAPACITY TO SPEND - Q&A
- Credit card debt, lower prices for homes, other assets could constrain spending.
[13:37] {Threei} - There is reason to be concerned on the health of community banks because of real estate exposure.
[13:37] {patience} i'll post my trades, just thought you guys didn't like options and currency stuff
[13:37] {bruce} media just keeps piling on bad news a bout real estate
[13:38] {Threei} FED'S EVANS: RISK TAKING IS AN INGREDIENT IN ECONOMIC GROWTH, POLICY MUST KEEP FOCUSED ON MEDIUM-TERM GOALS- Says it is an important question whether Fed policy responses will lead to further excesses in the future.
[13:38] {Threei} Poole's comment is what scared the market most of all
[13:38] {magoo} aapl bounce again vad?
[13:38] {bruce} meanwhile - 2 years back - media is in frenzy talking about how people are making fortunes in US real estate
[13:38] {bruce} thanx patience
[13:38] {Threei} not sure this time mags
[13:39] {magoo} they don't like anyone making money is it
[13:39] {magoo} good nvda vbounce area?
[13:39] {bruce} duty calls - taking break - doggy walk time
[13:39] {Threei} I would wait it out
[13:39] {Threei} see, what we have right now:
[13:40] {Threei} market prepared everything for a squeeze and actually started it,
[13:40] {Threei} then these comments hinting at possible end of rate cuts and even hikes scared the bejeezus out of market,
[13:41] {Threei} now it's matter of "shrug it off and do what intened" or "OK, Plan B" for the market
[13:41] {Threei} kind of starting it all over again,
[13:41] {Threei} so I want to see confirmation again
[13:59] {magoo} down 2650
[13:59] {magoo} vad
[13:59] {Threei} ?
[14:00] {magoo} mkts 260
[14:00] {Threei} gosh
[14:00] {Threei} you scared the living daylight out of me
[14:01] {dino} 35 to g0
[14:01] {patience} look at that bastard dow....my paycheque could have been bigger today...the dog
[14:02] {dino} greed is good, huh patience? :)
[14:02] {patience} i'm just p.o.ed
[14:03] {dino} i know, just busting
[14:03] {Threei} one more leg down before bounce
[14:08] {magoo} nvda bounce? aapl/
[14:09] {Threei} AAPL is my choice
[14:09] {Threei} NQ turn up from here is entry signal;
[14:10] {magoo} where u think?
[14:10] {Threei} NQ greening
[14:10] {magoo} huh?
[14:11] {Threei} wave of green on the tape at the moment
[14:11] {Threei} AAPL was around .07 - .13
[14:12] {Threei} same situation
[14:12] {Threei} selling pressure still
[14:13] {Threei} not as clear right now, on a sideline
[14:13] {dino} akam spike
[14:16] {lumdus} go away a few hours and dow down 281 .
[14:16] {Threei} ahhh... it's lum's fault
[14:16] {lumdus} not great, but good prediction by vad this am
[14:17] {lumdus} well, you know i put alot of money in that other stock. not taking that out for a while.
[14:17] {Threei} am maybe but then I said rally lum {G}
[14:17] {lumdus} oh, when did you say rally ?
[14:17] {Threei} waited for you to leave
[14:17] {Threei} and rally actually even started... tyhen another talking head opened its big useless mouth
[14:17] {lumdus} ok, fine. i am out hunting now for some stock
[14:18] {lumdus} you seem to love the fed these days.
[14:18] {Threei} oh, I always loved them
[14:18] {Threei} the day fed is abolished will be the day US recovery starts
[14:19] {Threei} or maybe healing is the better word
[14:19] {lumdus} yeah, but your love is getting more and more every day for them.
[14:21] {bruce} watching cmed here dino -
[14:23] {dino} let me know
[14:23] {dino} cavm i'm watching too
[14:24] {bruce} will do - want to see it showing more strength
[14:29] {lumdus} in dna 76.18
[14:31] {Threei} AAPL 126 break long if stays above 125.80
[14:34] {bruce} mised cmed dino - sorry - my fault - wanted to see it pullback but it just kept rallying
[14:35] {lumdus} stop on dna 75.98
[14:35] {ThurstonHowellTheThird} Is there any way way to make this chatroom beep only when there is a post?
[14:36] {lumdus} and we all fall down . ..
[14:37] {Threei} try File-Options-Sounds-Beep on Channel message
[14:37] {ThurstonHowellTheThird} ok thanks
[14:38] {lumdus} 1:1 on DNA
[14:39] {bruce} Ilike cavm long here dino
[14:39] {lumdus} stop on dna 76.07 for now
[14:40] {dino} cavm l .04 stop .83
[14:42] {Threei} out AAPL here
[14:42] {Threei} looking to reenter on pullback
[14:44] {lumdus} stop on dna 76.17
[14:45] {lumdus} stop on dna 76.19 maybe it run to 78.00 if market behave
[14:47] {Threei} {AAPL} what pullback?
[14:47] {bruce} nice move on aapl vad -
[14:49] {Threei} RIMM long off pulback, stop under 105
[14:50] {Threei} hard to nail exact entry
[14:50] {bruce} any read on dtsi break vad?
[14:51] {Threei} ugh no
[14:51] {Threei} not the kind I would like to trade in this market
[14:51] {bruce} k
[14:51] {dino} darn, partial fill anly l .00
[14:53] {bruce} cmed consolidation here dino - high risk on break of46
[14:54] {lumdus} dna stop now 76.25
[14:55] {dino} gild sm l .60, stop .35
[14:56] {Threei} FED'S POOLE: FED SHOULD BE SLOW TO INTERVENE IN GENERAL, SHOULD LET MARKETS PLAY THEMSELVES OUT
[14:56] {dino} alny stop to .98
[14:58] {Threei} taking bets on markety direction for the last hour
[14:58] {dino} out alny .50, +1.50
[15:00] {Threei} dp, look dcc please
[15:00] {Threei} AAPL is back colser to support 126
[15:02] {bruce} I'm guessing market may go up down or sideways vad
[15:03] {Threei} hmmm
[15:04] {Threei} in
[15:04] {Threei} .87
[15:04] {Threei} .79 stop
[15:04] {magoo} in .95
[15:05] {Threei} chasing a bit
[15:08] {magoo} out 07
[15:10] {Threei} to short RIMM or not to short RIMM...
[15:11] {Threei} can't mske up my mind
[15:11] {dino} back to my coin flip market
[15:11] {bruce} airm spikes dino
[15:12] {patience} i say market goes down vad, my yen calls keep going up
[15:12] {Threei} yup, new low
[15:15] {Threei} AAPL .50 short
[15:16] {dino} cavm stopped
[15:16] {bruce} stop .75 or wso if aapl triggers?
[15:16] {Threei} so far over .70
[15:16] {Threei} over .75 invalidated
[15:18] {dino} esrx lod
[15:18] {dino} below jan lows
[15:18] {dino} esrx
[15:20] {Threei} no worky AAPL
[15:21] {Threei} RIMM was much better short, pciked wrong one for this move
[15:24] {Threei} for someone who was not going to be especially active today I think I overtraded...
[15:24] {Threei} 13 long trades, 9 wins 4 stops,
[15:24] {Threei} 12 short trades, 10 wins 2 stops
[15:25] {magoo} awqesome, and i lost today
[15:26] {dino} you're in the zone vad, great job
[15:27] {Threei} one thing I kept in line with plan was scalping
[15:27] {magoo} i having trouble keep[ing up with u
[15:27] {Threei} probably that's why so many trades, but percentage of wins is good
[15:27] {magoo} like that aapl, .07 obver your entry
[15:27] {Threei} didn't really oversit any of them
[15:27] {magoo} then, miss a scalp out
[15:27] {Threei} well, almost
[15:28] {Threei} yeah, not an evironment to chase mags
[15:28] {Threei} moves are so quickkly reversed, you don't have much room
[15:31] {Threei} today's selling is a good sober up... reminder that it's still a bear market
[15:34] {ThurstonHowellTheThird} testing
[15:34] {Threei} and?
[15:34] {ThurstonHowellTheThird} failed
[15:34] {Threei} lol
[15:34] {ThurstonHowellTheThird} my beep sound
[15:34] {Threei} click on some other window on your screen,
[15:34] {ThurstonHowellTheThird} isn't working
[15:34] {Threei} make this one inactive
[15:34] {Threei} that will be the test
[15:34] {Threei} it shouldn't beep if it's active
[15:35] {ThurstonHowellTheThird} oh ok , I see
[15:35] {Threei} let's test it now
[15:35] {Threei} click somewhere else
[15:35] {Threei} test
[15:35] {Threei} test
[15:35] {ThurstonHowellTheThird} it works , thanks
[15:35] {Threei} :)
[15:37] {Threei} -277 dow
[15:37] {Threei} -33 NQ
[15:37] {Threei} aand still, we haven't had any panic selling
[15:40] {magoo} and a friday
[15:41] {magoo} 300 down
[15:42] {Threei} cosmo
[15:42] {Threei} AOL is pulling plug oln Netscape tomorrow
[15:43] {dino} all things condidered, fwlt held well today for the beating it took the other day
[15:48] {dino} sirf stopped -.06
[15:49] {patience} have fun on your trip dino, good weekend to all, profitable day in spite of sloppy trading
[15:49] {lumdus} l rimm 108.84
[15:49] {lumdus} stop 103.79
[15:50] {lumdus} oin
[15:50] {lumdus} oin -.05
[15:50] {magoo} 329 dn
[15:50] {lumdus} 350 dn
[15:50] {lumdus} nice weekend al.
[15:51] {lumdus} tx vad for a great day
[15:51] {Threei} take care lum, have a good one
[15:51] {dino} seems i was wrong about -320
[15:51] {magoo} no panic either
[15:52] {bruce} have good holiday dino
[15:52] {dino} thanks patience
[15:52] {dino} ty bruce
[15:53] {dino} good luck next week to all
[15:53] {Threei} have a nice relaxing trip dino
[15:53] {Threei} OK guys, thank you all
[15:53] {Threei} have a good weekend
[15:54] {Threei} see you on Monday
[15:54] {magoo} TY vad, ill be in next week
[15:54] {ThurstonHowellTheThird} bye
[15:55] {dino} will do 3i, a bit burnt out lately
[15:59] {dino} take care all, backl on the 11th
Thursday, February 28, 2008
Feb 28 2008
Session Time: Thu Feb 28 00:00:00 2008
[08:24] {Threei} SEED got killed on earnings after hours
[08:27] {hawkfan4} crushed
[08:29] {Threei} GDP numbers in a few
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 373K V 350KE; CONTINUING CLAIMS: 2.807M V 2.785ME
- Prior jobless claims revised from 349K to 354K
[08:30] {Threei} - Prior continuing claims revised from 2.784M to 2.786M
[08:31] {Threei} Q4 PRELIMINARY GDP ANNUALIZED: 0.6% V 0.8%E; PERSONAL CONSUMPTION: 1.9% V 2.0%E
[08:31] {Threei} *Q4 PRELIMINARY GDP PRICE INDEX: 2.7% V 2.6%E; CORE PCE Q/Q: 2.7% V 2.7%E
[08:32] {Threei} XMSR REPORTS Q4 -$0.53 V -$0.63E; R $308M V $303.1ME
[08:45] {magoo} morning
[08:47] {Threei} magoo :)
[08:57] {Threei} RZ
[08:57] {Threei} SIGN AGREEMENT LEADING TO MANUFACTURE OF 100+ MPG PLUG-IN HYBRID VEHICLES WITH TECSTAR
- Companies are outlining their intent to work together to manufacture plug-in hybrid electric vehicles (PHEV) for utility, government, and other fleets.
[08:57] {Threei} - Co plans to have Tecstar convert popular SUV and light truck vehicles to 100 mpg plug-in series hybrid vehicles with 40 mile all electric range
[08:58] {Threei} AAPL looks happy so far
[09:01] {cosmo} LVLT: # Level 3 and IBM Announce Patent Cross-LicensePR Newswire(Thu 8:00am)
[09:01] {cosmo} 2.45 high so far
[09:02] {magoo} we been up 4 straight sessions now vad, sooner or later a normal pullbk at least imho
[09:05] {Threei} yes... but it's so obvious that I have hard time accepting it :)
[09:06] {dptl} good morning all
[09:08] {magoo} right, but i do not mean today, just aware of it
[09:08] {Threei} dp :)
[09:08] {magoo} most pain to most would be continued strength here
[09:09] {magoo} then when shorts capit and everybody just can not take being out and goes in long........POW BEAR TRAP
[09:09] {Threei} eqzaktly
[09:10] {Threei} bear rallies can be extremely powerful, and that's what we see
[09:10] {esemde} good morning.....
[09:10] {Threei} ese :)
[09:13] {dino} gm all
[09:13] {Threei} dino :)
[09:13] {esemde} dino
[09:14] {dino} :)
[09:15] {esemde} just reading your post mags about being up 4 sessions....seems like indexes are at the top of a consolidation ....possible breakout pattern
[09:18] {dino} pull up a chart take a look at ndx nov - feb
[09:19] {esemde} i'm there dino
[09:19] {Threei} clean bear
[09:19] {esemde} yup...
[09:19] {dino} top of recent range 1824
[09:19] {dino} 2/13
[09:20] {dino} 1/25 and 2/1 1864
[09:20] {esemde} yup...
[09:24] {esemde} hmmmm I still we have a bounce of some kind coming....maybe to1900 to 1950 level on the NDX
[09:25] {esemde} short covering bounce maybe?
[09:26] {Threei} quite possible ese... squeeze is a good way for bear market to make sure it proceeds lower with as few on board as possible
[09:27] {Threei} problem with reading it is, market is very subjected to all kinds of news/rumors, easily moved by them
[09:28] {Threei} slightest hint of those, and mood changes on a dime
[09:28] {Threei} that's how those insane spikes are created, like one on Friday
[09:28] {esemde} indeed
[09:29] {_leo1} hi
[09:30] {esemde} leo
[09:30] {Threei} leo :)
[09:31] {Threei} watching AAPL for bounce
[09:31] {magoo} me too
[09:31] {magoo} mkts down vad 91 though
[09:32] {Threei} from under 126
[09:32] {magoo} would have been great short..i was considering
[09:32] {magoo} 1215.50 more like
[09:33] {magoo} 125.50
[09:34] {Threei} scalped quickly on 126 cross back... you would have to be much quicker on the trigger than ii you waited for exact call
[09:37] {magoo} its gonna be a good short scalp
[09:39] {Threei} RIMM .20 break long
[09:39] {Threei} stop under 111
[09:39] {Threei} 1:2
[09:39] {Threei} out
[09:39] {Threei} 1:3, crying
[09:39] {Threei} 1:2 again, not crying anymore
[09:40] {magoo} i crying missed both calls
[09:40] {Threei} things happen very quickly this morning
[09:40] {Threei} crying again as RIMM hits 1:4
[09:42] {Threei} full buck
[09:43] {Threei} keeping an eye on COIN
[09:43] {Threei} despite SEED debacle shows strength still
[09:44] {Threei} AAPL 127.50 nearest support
[09:45] {Threei} won't hold probably
[09:47] {Threei} if holding above .30, .61 long
[09:47] {Threei} sheesh
[09:47] {Threei} don't chase
[09:48] {magoo} maybe rimm bounce vad? a little slower
[09:48] {Threei} whole trade would have taken like 5 seconds
[09:48] {Threei} and I missed it while typed, lol
[09:49] {Threei} 128 break long AAPl again if stays above .75
[09:49] {Threei} this one is less readable but still worth a try
[09:50] {magoo} in
[09:50] {magoo} ,095
[09:50] {magoo} .95
[09:50] {Threei} RIMM is coming into bounce level too
[09:52] {Threei} oversat AAPL probably, wanted .30
[09:52] {Threei} second chance
[09:52] {Threei} out
[09:52] {magoo} out .27
[09:52] {magoo} TY
[09:52] {dino} l gtls .95, stop .67
[09:53] {magoo} l RIMM here
[09:53] {magoo} .40
[09:54] {Threei} careful
[09:55] {magoo} stopped
[09:55] {dino} stopped glts .69, -.26
[09:55] {Threei} OK, this pullback should be deeper
[09:56] {Threei} AAPL looks to lose support this time
[09:56] {Threei} and RIMM is short on 111 breakdown
[09:57] {Threei} stop above .20
[09:57] {Threei} 1:1
[09:59] {dino} vtiv l .36, stop .99
[10:01] {Threei} AAPL .17 long
[10:01] {Threei} if stays above 128
[10:02] {dino} cvco l .82
[10:02] {Chaeron} hi all
[10:02] {Threei} chaeron :)
[10:04] {Threei} AAPL invalidated
[10:09] {Threei} short AAPL with tight stop above .70
[10:10] {Threei} 1:1
[10:11] {Threei} YHOO long with .39 stop
[10:11] {Threei} .61 or pullback closer to .40
[10:13] {dino} vtiv stopped
[10:14] {Threei} if YHOO crosses .60 from here, stop .49
[10:19] {Threei} not good YHOO
[10:19] {Threei} too deep oullback
[10:19] {Threei} out
[10:20] {dptl} stopped yhoo
[10:20] {dino} out cvco ave .18, +.30
[10:28] {magoo} aapl feels over 129 vad, any thoughts?
[10:28] {Threei} yes
[10:28] {Chaeron} uh yes to thoughts?
[10:28] {Threei} if holding 128 on this pullback, very much so
[10:29] {Threei} in
[10:29] {Threei} stop is tight enough
[10:29] {magoo} me too
[10:30] {magoo} took RIMM with it .44
[10:30] {Chaeron} in AAPL too
[10:30] {Chaeron} got in late tho .22
[10:32] {magoo} out RIMM 111
[10:35] {Threei} HGRD AND GOOGLE IN PACT FOR HEALTH-CARE PROVIDERS CONTENT
-HealthGrades will make independent information on doctors and hospitals, based on quality and cost, accessible via Google Health - a new product that is currently being tested in a pilot with the Cleveland
[10:35] {Threei} - MDRX also announces patient safety pact with Google
[10:38] {Threei} feels like another hard spike is coming
[10:38] {Threei} .50 will be my next long AAPL
[10:38] {magoo} lol
[10:38] {magoo} just took .28
[10:39] {Chaeron} pffffft
[10:39] {Chaeron} blew thru that one
[10:40] {dino} fslr sm l .85 wide
[10:40] {Threei} out
[10:40] {Chaeron} out AAPL
[10:40] {Threei} missed RIMM
[10:40] {magoo} out here .94
[10:40] {Chaeron} .84... mucho thanks vad
[10:40] {Threei} gosh, this is market for quick fingers
[10:41] {Threei} welcome sir
[10:41] {esemde} early start today...have a great rest of the day all...
[10:41] {magoo} itit fast
[10:41] {Threei} take care ese :)
[10:41] {Chaeron} bye ese!
[10:41] {magoo} TY VAD
[10:41] {Threei} but chaeron... one thing needs to be done about your chasing:
[10:41] * Threei slaps Chaeron around a bit with a large trout
[10:41] {Chaeron} yeah... damn me
[10:45] {Threei} FED'S BERNANKE: CREDIT DISRUPTIONS ARE 'NOT NEAR' AN END
[10:45] {magoo} how about slappin magoo for going way WAY to early??
[10:45] {dino} bernie trying to start another panic
[10:46] {Threei} HOUSING A 'CONTINUING PROBLEM' - Q&A- Inflation a bigger problem than in 2001
[10:47] {magoo} short AAPL with mkt vad?
[10:50] {Threei} hmmm
[10:50] {Threei} doesn't feel like that for now
[10:53] {magoo} rimm bounce?
[10:53] {Chaeron} shooot... dang nice read on AAPL Vad... magoo owes you one
[10:53] {Chaeron} or two
[10:53] {Threei} no, RIMM doesn't feel right here for a long
[10:54] {Chaeron} or three :)
[10:54] {Threei} let's make it 5 to be safe :)
[10:54] {Chaeron} done your way
[10:55] {magoo} now 130
[10:56] {Chaeron} [07:28] {magoo} aapl feels over 129 vad, any thoughts? { { { { Magoo smart cookie too
[10:56] {Threei} RIMM short .70 trigger
[10:57] {magoo} against the mkt boss?
[10:57] {Threei} it won't get there if market gains new strength
[10:58] {dino} seems an oih disconnect today 3i
[10:58] {Threei} it's getting wierder and wierder dino
[10:58] {Threei} I gave up trying to discern these connections
[10:58] {dino} glad i'm going away
[10:59] {magoo} quitter lol
[10:59] {Threei} feels like we are nearing market drop stage
[11:00] {magoo} aapl ripe to short if so
[11:00] {Threei} RIMM too
[11:00] {Threei} actually RIMM even more so
[11:01] {Roman}
21 PAAS & SSRI strong
[11:01] {Threei} not going for aggressive entries, waiting for squeezes to play out
[11:02] {Roman}
21 watching GOLD long
[11:03] {Threei} OK, this should be the end of it
[11:03] {Threei} down confidently now
[11:03] {magoo} sh rimm.89
[11:03] {Threei} me too
[11:03] {magoo} sh aapl .129.01
[11:03] {Threei} gor a bit better fill though
[11:04] {dino} fslr stopped
[11:04] {magoo} im thinking aapl sees 127.50 area
[11:04] {Threei} half out RIMM
[11:04] {dino} gtls s .11
[11:05] {Threei} out in full RIMM
[11:05] {magoo} out rimm full.50
[11:05] {magoo} TY
[11:05] {Threei} welcome sir
[11:06] {magoo} out aapl full .52
[11:06] {dino} cvco s .68
[11:06] {Threei} what a timing on market reversal (can I pat myself on the back after yesterday's dubious performance)
[11:07] {magoo} yeah..u can
[11:07] {magoo} today is wicked fast
[11:07] {Threei} as long as I don't dislocate my shoulder
[11:10] {Threei} AMZN
[11:10] {Threei} looking to short this bounce
[11:10] {magoo} [11:05] {magoo} im thinking aapl sees 127.50 area
[11:10] {Threei} .50 closest resistance
[11:11] {Threei} in
[11:11] {Threei} .55 stop
[11:11] {magoo} where? i .39
[11:12] {Threei} .40
[11:13] {dino} cvco stopped -.40, gtls bstop to b/e
[11:14] {Threei} no worky
[11:15] {dino} gtls flat
[11:15] {Threei} RIMM 110.10 short
[11:15] {Threei} stop over .30
[11:19] {Chaeron} in RIMM s .10
[11:20] {magoo} now amzn worx
[11:25] {magoo} .79 wait on rimm
[11:26] {magoo} mkt spike ruined that
[11:27] {Threei} not yet
[11:28] {magoo} just got off phone with amzn vad
[11:28] {magoo} gave your number out
[11:29] {Threei} OK, now RIMM is runied
[11:29] {Chaeron} stopped RIMM
[11:30] {Threei} sheesh
[11:30] {magoo} you talk to amzn yet..very rude too me
[11:30] {Threei} I am not picking up the phone
[11:32] {Threei} dino... VISN
[11:33] {dino} dk good report
[11:39] {Threei} US ENERGY SECRETARY BODMAN REITERATES CALL OF OPEC TO PUMP MORE OIL
[11:52] {Threei} RIMM fooled us good
[11:57] {dino} sm fslrc l .28
[12:03] {dino} stnr
[12:05] {magoo} i like RIMM long here vad, any thoughts?
[12:06] {Threei} no rythm... can't tell
[12:19] {Threei} AAPl looks like another long
[12:20] {Threei} around 129 with stop under .80
[12:23] {Threei} .25 break should launch another spike now
[12:24] {magoo} in
[12:24] {Threei} wqhere??
[12:25] {magoo} .12
[12:25] {magoo} not great
[12:25] {Threei} oh, OK
[12:25] {Threei} scared me
[12:25] {Chaeron} in .25
[12:25] {magoo} thats what i do here
[12:25] {Threei} half out
[12:25] {Threei} sheesh Chaeron...
[12:25] {Threei} that's what I was scared about magoo's post
[12:26] {Chaeron} out +.12 scalp
[12:26] {magoo} he'll be ok..going near 130
[12:26] {Chaeron} doh
[12:26] {Threei} very well could be
[12:26] {Threei} that's not the point
[12:26] {Threei} risk with .25 entry is way too high
[12:26] {Chaeron} 09:24] {Threei} .25 break should launch another spike now { { {
[12:26] {Chaeron} got it now
[12:26] {Threei} 12:19] {Threei} AAPl looks like another long
[12:26] {Threei} [12:20] {Threei} around 129 with stop under .80
[12:26] {Threei} that was the call
[12:26] {Chaeron} misread
[12:26] {Threei} that comment was running follow-up
[12:27] {Threei} trading is not about direction alone... risk control is paramount
[12:27] {Threei} and .25 entry is not a good risk management
[12:28] {magoo} agree
[12:29] {Chaeron} sorry... missed the 12:20 post and was wondering, but went for scalp... sorry.. I'll do better - promise
[12:30] {Threei} unless you like to be trouted, please do
[12:30] {Threei} out 1/4 more
[12:30] {magoo} out .64 now
[12:31] {magoo} TY boss
[12:31] {Threei} welcome
[12:31] * magoo slaps Laserdave1 around a bit with a large trout
[12:32] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:32] {Threei} I will too mags, as soon as sell balance AAPL
[12:32] {magoo} lay oit .91
[12:32] {Threei} don't teach grandpa how to steel sheep
[12:32] {Threei} steal too
[12:32] {Chaeron} roflol
[12:33] {Laserdave1} u guys should really trout Vad for not trouting me......I mean thats a bit ridiculous
[12:33] * magoo slaps Threei around a bit with a large trout
[12:33] {Threei} oh have a little patrience, will ya
[12:33] {Threei} out in full
[12:33] * Threei slaps Laserdave1 around a bit with a large trout
[12:34] {Laserdave1} thats better now i can concentrate
[12:34] {magoo} [12:26] {magoo} he'll be ok..going near 130
[12:49] {cosmo} LEAPing
[12:59] {Threei} amazing how hyperactivity of the morning dies down to total still
[12:59] {Threei} OPEC ECONOMISTS PANEL: SEES NO NEED FOR OPEC TO RAISE OUTPUT AT NEXT MEETING
[12:59] {Threei} nope, no sir
[13:01] {Threei} US TREASURY SEC PAULSON: NOT INTERESTED IN 'BAILING OUT' INVESTORS
[13:01] {Threei} no?
[13:01] {Threei} {Investors} we are not interested in further investing then
[13:05] {dino} lgcy
[13:05] {dino} thin
[13:06] {Threei} BRCM
[13:06] {Threei} HEARING VAGUE TAKEOVER CHATTER CIRCULATING
[13:06] {Threei} vague eh?
[13:13] {Threei} everyone fell asleep?
[13:13] {Threei} just want to know whether I can remove soundproofing that prevents you from hearing me snorring
[13:17] {magoo} rimm bounce time?
[13:17] {Threei} 30 cents from low...
[13:18] {Threei} not sure mags
[13:18] {Threei} maybe yes maybe no
[13:18] {magoo} rimm short?
[13:19] * Threei slaps magoo around a bit with a large trout
[13:19] {magoo} finally
[13:19] {Threei} lol
[13:19] {magoo} was gonna start on bidu next
[13:20] {Threei} now, if bottoms out here and trades at .45, maybe dsouble bottom confirmation
[13:20] {Threei} but will require serious NQ help
[13:22] {magoo} i like aapl short if naz helps\
[13:22] {Threei} on .50 breakdown?
[13:23] {Threei} with .75 as resistance?
[13:23] {magoo} yeah, but needs naz fall
[13:23] * Threei adopts Socratic method
[13:23] {magoo} if naz poweers up, then over 130
[13:24] {Threei} once again RIMM is rejected by .44
[13:24] {Threei} little help by market and .45 will be nice long trigger
[13:24] {magoo} and ill be there
[13:24] {Threei} unless fall asleep?
[13:25] {cosmo} Socratic method = hemlock?
[13:25] {Threei} lol
[13:31] {magoo} i just have an inherant prob with mkt down 125 and aapl up 6 bux
[13:31] {magoo} no significant pullbk
[13:33] {_haley} rimm?
[13:33] {_haley} valid still
[13:33] {Threei} barely
[13:33] {Threei} very questionable
[13:33] {Threei} too deep pullback for my taste
[13:34] {Threei} and market doesn't seem to be very kind to longs now
[13:34] {_haley} ok
[13:34] {Threei} of course it can always spike hard... market I mean
[13:34] {Threei} as it did so many times over last days
[13:38] {magoo} i took aapl short off .50
[13:39] {magoo} needs naz help
[13:40] {magoo} i wish mkt would drop 200 points here
[13:41] {Threei} covering
[13:42] {magoo} missed .07
[13:42] {Threei} too bad didn't find guts to short RIMM too
[14:07] {Threei} AAPL... scared to say but starts looking like another long in the making, lol
[14:08] {Threei} 130, if stays above .80
[14:08] {magoo} and where would u wait?
[14:08] {magoo} .27?
[14:08] {Threei} just play it by ear
[14:10] {Threei} HARVARD ECONOMIST FELDSTEIN: CURRENT FED FUNDS RATE IS 'NOT SUSTAINABLE'
[14:10] {Threei} Fed: no? just watch us cutting even more
[14:14] {Threei} let's do it AAPL, it's time to stun everyone with how ell your digital toasters sell
[14:18] {magoo} RIMM going
[14:19] {Threei} trrrrigerrrred
[14:19] {magoo} INNNNNNNNNNNNNNNNNNNNNNNNNNNNN
[14:19] {Threei} 1:1 in a hurry
[14:23] {Threei} 1:2
[14:23] {Threei} mine is out
[14:23] {Threei} mine is skerred
[14:24] {magoo} out .40 NICE
[14:24] {Threei} who are you calling nice?
[14:24] {Threei} this is so rude
[14:24] {Threei} noone ever called me nice and went unpunished
[14:29] {magoo} 131 vad coming
[14:36] {magoo} someone wake vad
[14:36] {Threei} why?
[14:37] {Threei} and think twice... do you really want to wake up a man with makarov under his pillow?
[14:40] {Threei} FSLR HEARING POSITIVE CHATTER CONCERNING POSSIBLE PENDING DEAL WITH PACIFIC ELECTRIC & GAS
[14:44] {Threei} so, do you see now how wrong sir Newton was about apples and gravity?
[14:45] {dptl} out aapl+1.00 TY
[14:45] {Threei} what??
[14:45] * Threei slaps dptl around a bit with a large trout
[14:45] {magoo} WWWWWWWWWWWWHHHHHHHHHHHHHHHHHHHAAAAAAAAAAAAAAAAAA
[14:46] * Threei slaps dptl around a bit with a roll of $100 bills for indecent profits
[14:46] * magoo slaps dptl around a bit with a large trout
[14:46] {dptl} lol.....ah should of stay
[14:50] {magoo} wheres another aapl long trigg vad?
[14:50] {Threei} none for now
[14:50] {Threei} too vertical
[14:51] {Threei} needs to settle down and form something
[14:51] {Threei} also mags
[14:52] {Threei} why do you need to trade now? let's better focus on on our disliking dptl
[14:52] {Threei} do I have it right? Dow -75?
[14:53] {Threei} TASR RECEIVES 2 LAW ENFORCEMENT ORDERS
[15:10] {Threei} tempted to short AAPL on bounce
[15:12] {Threei} .70 resistance
[15:13] {Threei} in
[15:13] {Threei} .71 stop
[15:14] {Threei} can I be like dptl and hold for 130
[15:16] {magoo} what entry u grt?
[15:16] {Threei} .54
[15:16] {magoo} .47
[15:16] {dptl} .53
[15:17] {Threei} 1:1
[15:17] {Threei} AAPL offically changes its name to fiddle
[15:18] {Threei} honestly, never saw this stock so easy to read
[15:20] {magoo} u out?
[15:20] {Threei} half
[15:20] {Threei} .61 stop
[15:20] {magoo} half of a HL?
[15:20] {Threei} I want to be like dptl when I grow up
[15:22] {magoo} me TTTTOOOOOOOO
[15:24] {dptl} out +.67 ty
[15:24] {Threei} I put in stop at breakeven and cover at 130.53 and left for a smoke... when I am back one of them better be hit
[15:24] {Threei} welcome dp
[15:25] {Threei} great job today
[15:25] {magoo} out + .53
[15:43] {Threei} haha
[15:43] {Threei} I am all grown up now
[15:43] {Threei} +1.01
[15:43] {dptl} gj
[15:44] {Threei} inspired by you
[15:44] {dptl} :)
[15:48] {dptl} cost
[15:49] {Threei} I don't see anything fresh on it
[15:50] {dptl} well big sell...may be bounce
[15:54] {Threei} OK guys, that was a beautiful day
[15:54] {Threei} nice payout for yesterday's lull
[15:54] {Threei} thank you all, have a great evening, see you all tomorrow
[15:55] {magoo} TY vad
[15:55] {Threei} ugh, one thing I forgot
[15:56] * Threei slaps Laserdave1 around a bit with a large trout
[15:56] {Threei} now I can go
[15:58] {dptl} have a good evening all
[16:00] {magoo} thanx all
[08:24] {Threei} SEED got killed on earnings after hours
[08:27] {hawkfan4} crushed
[08:29] {Threei} GDP numbers in a few
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 373K V 350KE; CONTINUING CLAIMS: 2.807M V 2.785ME
- Prior jobless claims revised from 349K to 354K
[08:30] {Threei} - Prior continuing claims revised from 2.784M to 2.786M
[08:31] {Threei} Q4 PRELIMINARY GDP ANNUALIZED: 0.6% V 0.8%E; PERSONAL CONSUMPTION: 1.9% V 2.0%E
[08:31] {Threei} *Q4 PRELIMINARY GDP PRICE INDEX: 2.7% V 2.6%E; CORE PCE Q/Q: 2.7% V 2.7%E
[08:32] {Threei} XMSR REPORTS Q4 -$0.53 V -$0.63E; R $308M V $303.1ME
[08:45] {magoo} morning
[08:47] {Threei} magoo :)
[08:57] {Threei} RZ
[08:57] {Threei} SIGN AGREEMENT LEADING TO MANUFACTURE OF 100+ MPG PLUG-IN HYBRID VEHICLES WITH TECSTAR
- Companies are outlining their intent to work together to manufacture plug-in hybrid electric vehicles (PHEV) for utility, government, and other fleets.
[08:57] {Threei} - Co plans to have Tecstar convert popular SUV and light truck vehicles to 100 mpg plug-in series hybrid vehicles with 40 mile all electric range
[08:58] {Threei} AAPL looks happy so far
[09:01] {cosmo} LVLT: # Level 3 and IBM Announce Patent Cross-LicensePR Newswire(Thu 8:00am)
[09:01] {cosmo} 2.45 high so far
[09:02] {magoo} we been up 4 straight sessions now vad, sooner or later a normal pullbk at least imho
[09:05] {Threei} yes... but it's so obvious that I have hard time accepting it :)
[09:06] {dptl} good morning all
[09:08] {magoo} right, but i do not mean today, just aware of it
[09:08] {Threei} dp :)
[09:08] {magoo} most pain to most would be continued strength here
[09:09] {magoo} then when shorts capit and everybody just can not take being out and goes in long........POW BEAR TRAP
[09:09] {Threei} eqzaktly
[09:10] {Threei} bear rallies can be extremely powerful, and that's what we see
[09:10] {esemde} good morning.....
[09:10] {Threei} ese :)
[09:13] {dino} gm all
[09:13] {Threei} dino :)
[09:13] {esemde} dino
[09:14] {dino} :)
[09:15] {esemde} just reading your post mags about being up 4 sessions....seems like indexes are at the top of a consolidation ....possible breakout pattern
[09:18] {dino} pull up a chart take a look at ndx nov - feb
[09:19] {esemde} i'm there dino
[09:19] {Threei} clean bear
[09:19] {esemde} yup...
[09:19] {dino} top of recent range 1824
[09:19] {dino} 2/13
[09:20] {dino} 1/25 and 2/1 1864
[09:20] {esemde} yup...
[09:24] {esemde} hmmmm I still we have a bounce of some kind coming....maybe to1900 to 1950 level on the NDX
[09:25] {esemde} short covering bounce maybe?
[09:26] {Threei} quite possible ese... squeeze is a good way for bear market to make sure it proceeds lower with as few on board as possible
[09:27] {Threei} problem with reading it is, market is very subjected to all kinds of news/rumors, easily moved by them
[09:28] {Threei} slightest hint of those, and mood changes on a dime
[09:28] {Threei} that's how those insane spikes are created, like one on Friday
[09:28] {esemde} indeed
[09:29] {_leo1} hi
[09:30] {esemde} leo
[09:30] {Threei} leo :)
[09:31] {Threei} watching AAPL for bounce
[09:31] {magoo} me too
[09:31] {magoo} mkts down vad 91 though
[09:32] {Threei} from under 126
[09:32] {magoo} would have been great short..i was considering
[09:32] {magoo} 1215.50 more like
[09:33] {magoo} 125.50
[09:34] {Threei} scalped quickly on 126 cross back... you would have to be much quicker on the trigger than ii you waited for exact call
[09:37] {magoo} its gonna be a good short scalp
[09:39] {Threei} RIMM .20 break long
[09:39] {Threei} stop under 111
[09:39] {Threei} 1:2
[09:39] {Threei} out
[09:39] {Threei} 1:3, crying
[09:39] {Threei} 1:2 again, not crying anymore
[09:40] {magoo} i crying missed both calls
[09:40] {Threei} things happen very quickly this morning
[09:40] {Threei} crying again as RIMM hits 1:4
[09:42] {Threei} full buck
[09:43] {Threei} keeping an eye on COIN
[09:43] {Threei} despite SEED debacle shows strength still
[09:44] {Threei} AAPL 127.50 nearest support
[09:45] {Threei} won't hold probably
[09:47] {Threei} if holding above .30, .61 long
[09:47] {Threei} sheesh
[09:47] {Threei} don't chase
[09:48] {magoo} maybe rimm bounce vad? a little slower
[09:48] {Threei} whole trade would have taken like 5 seconds
[09:48] {Threei} and I missed it while typed, lol
[09:49] {Threei} 128 break long AAPl again if stays above .75
[09:49] {Threei} this one is less readable but still worth a try
[09:50] {magoo} in
[09:50] {magoo} ,095
[09:50] {magoo} .95
[09:50] {Threei} RIMM is coming into bounce level too
[09:52] {Threei} oversat AAPL probably, wanted .30
[09:52] {Threei} second chance
[09:52] {Threei} out
[09:52] {magoo} out .27
[09:52] {magoo} TY
[09:52] {dino} l gtls .95, stop .67
[09:53] {magoo} l RIMM here
[09:53] {magoo} .40
[09:54] {Threei} careful
[09:55] {magoo} stopped
[09:55] {dino} stopped glts .69, -.26
[09:55] {Threei} OK, this pullback should be deeper
[09:56] {Threei} AAPL looks to lose support this time
[09:56] {Threei} and RIMM is short on 111 breakdown
[09:57] {Threei} stop above .20
[09:57] {Threei} 1:1
[09:59] {dino} vtiv l .36, stop .99
[10:01] {Threei} AAPL .17 long
[10:01] {Threei} if stays above 128
[10:02] {dino} cvco l .82
[10:02] {Chaeron} hi all
[10:02] {Threei} chaeron :)
[10:04] {Threei} AAPL invalidated
[10:09] {Threei} short AAPL with tight stop above .70
[10:10] {Threei} 1:1
[10:11] {Threei} YHOO long with .39 stop
[10:11] {Threei} .61 or pullback closer to .40
[10:13] {dino} vtiv stopped
[10:14] {Threei} if YHOO crosses .60 from here, stop .49
[10:19] {Threei} not good YHOO
[10:19] {Threei} too deep oullback
[10:19] {Threei} out
[10:20] {dptl} stopped yhoo
[10:20] {dino} out cvco ave .18, +.30
[10:28] {magoo} aapl feels over 129 vad, any thoughts?
[10:28] {Threei} yes
[10:28] {Chaeron} uh yes to thoughts?
[10:28] {Threei} if holding 128 on this pullback, very much so
[10:29] {Threei} in
[10:29] {Threei} stop is tight enough
[10:29] {magoo} me too
[10:30] {magoo} took RIMM with it .44
[10:30] {Chaeron} in AAPL too
[10:30] {Chaeron} got in late tho .22
[10:32] {magoo} out RIMM 111
[10:35] {Threei} HGRD AND GOOGLE IN PACT FOR HEALTH-CARE PROVIDERS CONTENT
-HealthGrades will make independent information on doctors and hospitals, based on quality and cost, accessible via Google Health - a new product that is currently being tested in a pilot with the Cleveland
[10:35] {Threei} - MDRX also announces patient safety pact with Google
[10:38] {Threei} feels like another hard spike is coming
[10:38] {Threei} .50 will be my next long AAPL
[10:38] {magoo} lol
[10:38] {magoo} just took .28
[10:39] {Chaeron} pffffft
[10:39] {Chaeron} blew thru that one
[10:40] {dino} fslr sm l .85 wide
[10:40] {Threei} out
[10:40] {Chaeron} out AAPL
[10:40] {Threei} missed RIMM
[10:40] {magoo} out here .94
[10:40] {Chaeron} .84... mucho thanks vad
[10:40] {Threei} gosh, this is market for quick fingers
[10:41] {Threei} welcome sir
[10:41] {esemde} early start today...have a great rest of the day all...
[10:41] {magoo} itit fast
[10:41] {Threei} take care ese :)
[10:41] {Chaeron} bye ese!
[10:41] {magoo} TY VAD
[10:41] {Threei} but chaeron... one thing needs to be done about your chasing:
[10:41] * Threei slaps Chaeron around a bit with a large trout
[10:41] {Chaeron} yeah... damn me
[10:45] {Threei} FED'S BERNANKE: CREDIT DISRUPTIONS ARE 'NOT NEAR' AN END
[10:45] {magoo} how about slappin magoo for going way WAY to early??
[10:45] {dino} bernie trying to start another panic
[10:46] {Threei} HOUSING A 'CONTINUING PROBLEM' - Q&A- Inflation a bigger problem than in 2001
[10:47] {magoo} short AAPL with mkt vad?
[10:50] {Threei} hmmm
[10:50] {Threei} doesn't feel like that for now
[10:53] {magoo} rimm bounce?
[10:53] {Chaeron} shooot... dang nice read on AAPL Vad... magoo owes you one
[10:53] {Chaeron} or two
[10:53] {Threei} no, RIMM doesn't feel right here for a long
[10:54] {Chaeron} or three :)
[10:54] {Threei} let's make it 5 to be safe :)
[10:54] {Chaeron} done your way
[10:55] {magoo} now 130
[10:56] {Chaeron} [07:28] {magoo} aapl feels over 129 vad, any thoughts? { { { { Magoo smart cookie too
[10:56] {Threei} RIMM short .70 trigger
[10:57] {magoo} against the mkt boss?
[10:57] {Threei} it won't get there if market gains new strength
[10:58] {dino} seems an oih disconnect today 3i
[10:58] {Threei} it's getting wierder and wierder dino
[10:58] {Threei} I gave up trying to discern these connections
[10:58] {dino} glad i'm going away
[10:59] {magoo} quitter lol
[10:59] {Threei} feels like we are nearing market drop stage
[11:00] {magoo} aapl ripe to short if so
[11:00] {Threei} RIMM too
[11:00] {Threei} actually RIMM even more so
[11:01] {Roman}
21 PAAS & SSRI strong
[11:01] {Threei} not going for aggressive entries, waiting for squeezes to play out
[11:02] {Roman}
21 watching GOLD long
[11:03] {Threei} OK, this should be the end of it
[11:03] {Threei} down confidently now
[11:03] {magoo} sh rimm.89
[11:03] {Threei} me too
[11:03] {magoo} sh aapl .129.01
[11:03] {Threei} gor a bit better fill though
[11:04] {dino} fslr stopped
[11:04] {magoo} im thinking aapl sees 127.50 area
[11:04] {Threei} half out RIMM
[11:04] {dino} gtls s .11
[11:05] {Threei} out in full RIMM
[11:05] {magoo} out rimm full.50
[11:05] {magoo} TY
[11:05] {Threei} welcome sir
[11:06] {magoo} out aapl full .52
[11:06] {dino} cvco s .68
[11:06] {Threei} what a timing on market reversal (can I pat myself on the back after yesterday's dubious performance)
[11:07] {magoo} yeah..u can
[11:07] {magoo} today is wicked fast
[11:07] {Threei} as long as I don't dislocate my shoulder
[11:10] {Threei} AMZN
[11:10] {Threei} looking to short this bounce
[11:10] {magoo} [11:05] {magoo} im thinking aapl sees 127.50 area
[11:10] {Threei} .50 closest resistance
[11:11] {Threei} in
[11:11] {Threei} .55 stop
[11:11] {magoo} where? i .39
[11:12] {Threei} .40
[11:13] {dino} cvco stopped -.40, gtls bstop to b/e
[11:14] {Threei} no worky
[11:15] {dino} gtls flat
[11:15] {Threei} RIMM 110.10 short
[11:15] {Threei} stop over .30
[11:19] {Chaeron} in RIMM s .10
[11:20] {magoo} now amzn worx
[11:25] {magoo} .79 wait on rimm
[11:26] {magoo} mkt spike ruined that
[11:27] {Threei} not yet
[11:28] {magoo} just got off phone with amzn vad
[11:28] {magoo} gave your number out
[11:29] {Threei} OK, now RIMM is runied
[11:29] {Chaeron} stopped RIMM
[11:30] {Threei} sheesh
[11:30] {magoo} you talk to amzn yet..very rude too me
[11:30] {Threei} I am not picking up the phone
[11:32] {Threei} dino... VISN
[11:33] {dino} dk good report
[11:39] {Threei} US ENERGY SECRETARY BODMAN REITERATES CALL OF OPEC TO PUMP MORE OIL
[11:52] {Threei} RIMM fooled us good
[11:57] {dino} sm fslrc l .28
[12:03] {dino} stnr
[12:05] {magoo} i like RIMM long here vad, any thoughts?
[12:06] {Threei} no rythm... can't tell
[12:19] {Threei} AAPl looks like another long
[12:20] {Threei} around 129 with stop under .80
[12:23] {Threei} .25 break should launch another spike now
[12:24] {magoo} in
[12:24] {Threei} wqhere??
[12:25] {magoo} .12
[12:25] {magoo} not great
[12:25] {Threei} oh, OK
[12:25] {Threei} scared me
[12:25] {Chaeron} in .25
[12:25] {magoo} thats what i do here
[12:25] {Threei} half out
[12:25] {Threei} sheesh Chaeron...
[12:25] {Threei} that's what I was scared about magoo's post
[12:26] {Chaeron} out +.12 scalp
[12:26] {magoo} he'll be ok..going near 130
[12:26] {Chaeron} doh
[12:26] {Threei} very well could be
[12:26] {Threei} that's not the point
[12:26] {Threei} risk with .25 entry is way too high
[12:26] {Chaeron} 09:24] {Threei} .25 break should launch another spike now { { {
[12:26] {Chaeron} got it now
[12:26] {Threei} 12:19] {Threei} AAPl looks like another long
[12:26] {Threei} [12:20] {Threei} around 129 with stop under .80
[12:26] {Threei} that was the call
[12:26] {Chaeron} misread
[12:26] {Threei} that comment was running follow-up
[12:27] {Threei} trading is not about direction alone... risk control is paramount
[12:27] {Threei} and .25 entry is not a good risk management
[12:28] {magoo} agree
[12:29] {Chaeron} sorry... missed the 12:20 post and was wondering, but went for scalp... sorry.. I'll do better - promise
[12:30] {Threei} unless you like to be trouted, please do
[12:30] {Threei} out 1/4 more
[12:30] {magoo} out .64 now
[12:31] {magoo} TY boss
[12:31] {Threei} welcome
[12:31] * magoo slaps Laserdave1 around a bit with a large trout
[12:32] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:32] {Threei} I will too mags, as soon as sell balance AAPL
[12:32] {magoo} lay oit .91
[12:32] {Threei} don't teach grandpa how to steel sheep
[12:32] {Threei} steal too
[12:32] {Chaeron} roflol
[12:33] {Laserdave1} u guys should really trout Vad for not trouting me......I mean thats a bit ridiculous
[12:33] * magoo slaps Threei around a bit with a large trout
[12:33] {Threei} oh have a little patrience, will ya
[12:33] {Threei} out in full
[12:33] * Threei slaps Laserdave1 around a bit with a large trout
[12:34] {Laserdave1} thats better now i can concentrate
[12:34] {magoo} [12:26] {magoo} he'll be ok..going near 130
[12:49] {cosmo} LEAPing
[12:59] {Threei} amazing how hyperactivity of the morning dies down to total still
[12:59] {Threei} OPEC ECONOMISTS PANEL: SEES NO NEED FOR OPEC TO RAISE OUTPUT AT NEXT MEETING
[12:59] {Threei} nope, no sir
[13:01] {Threei} US TREASURY SEC PAULSON: NOT INTERESTED IN 'BAILING OUT' INVESTORS
[13:01] {Threei} no?
[13:01] {Threei} {Investors} we are not interested in further investing then
[13:05] {dino} lgcy
[13:05] {dino} thin
[13:06] {Threei} BRCM
[13:06] {Threei} HEARING VAGUE TAKEOVER CHATTER CIRCULATING
[13:06] {Threei} vague eh?
[13:13] {Threei} everyone fell asleep?
[13:13] {Threei} just want to know whether I can remove soundproofing that prevents you from hearing me snorring
[13:17] {magoo} rimm bounce time?
[13:17] {Threei} 30 cents from low...
[13:18] {Threei} not sure mags
[13:18] {Threei} maybe yes maybe no
[13:18] {magoo} rimm short?
[13:19] * Threei slaps magoo around a bit with a large trout
[13:19] {magoo} finally
[13:19] {Threei} lol
[13:19] {magoo} was gonna start on bidu next
[13:20] {Threei} now, if bottoms out here and trades at .45, maybe dsouble bottom confirmation
[13:20] {Threei} but will require serious NQ help
[13:22] {magoo} i like aapl short if naz helps\
[13:22] {Threei} on .50 breakdown?
[13:23] {Threei} with .75 as resistance?
[13:23] {magoo} yeah, but needs naz fall
[13:23] * Threei adopts Socratic method
[13:23] {magoo} if naz poweers up, then over 130
[13:24] {Threei} once again RIMM is rejected by .44
[13:24] {Threei} little help by market and .45 will be nice long trigger
[13:24] {magoo} and ill be there
[13:24] {Threei} unless fall asleep?
[13:25] {cosmo} Socratic method = hemlock?
[13:25] {Threei} lol
[13:31] {magoo} i just have an inherant prob with mkt down 125 and aapl up 6 bux
[13:31] {magoo} no significant pullbk
[13:33] {_haley} rimm?
[13:33] {_haley} valid still
[13:33] {Threei} barely
[13:33] {Threei} very questionable
[13:33] {Threei} too deep pullback for my taste
[13:34] {Threei} and market doesn't seem to be very kind to longs now
[13:34] {_haley} ok
[13:34] {Threei} of course it can always spike hard... market I mean
[13:34] {Threei} as it did so many times over last days
[13:38] {magoo} i took aapl short off .50
[13:39] {magoo} needs naz help
[13:40] {magoo} i wish mkt would drop 200 points here
[13:41] {Threei} covering
[13:42] {magoo} missed .07
[13:42] {Threei} too bad didn't find guts to short RIMM too
[14:07] {Threei} AAPL... scared to say but starts looking like another long in the making, lol
[14:08] {Threei} 130, if stays above .80
[14:08] {magoo} and where would u wait?
[14:08] {magoo} .27?
[14:08] {Threei} just play it by ear
[14:10] {Threei} HARVARD ECONOMIST FELDSTEIN: CURRENT FED FUNDS RATE IS 'NOT SUSTAINABLE'
[14:10] {Threei} Fed: no? just watch us cutting even more
[14:14] {Threei} let's do it AAPL, it's time to stun everyone with how ell your digital toasters sell
[14:18] {magoo} RIMM going
[14:19] {Threei} trrrrigerrrred
[14:19] {magoo} INNNNNNNNNNNNNNNNNNNNNNNNNNNNN
[14:19] {Threei} 1:1 in a hurry
[14:23] {Threei} 1:2
[14:23] {Threei} mine is out
[14:23] {Threei} mine is skerred
[14:24] {magoo} out .40 NICE
[14:24] {Threei} who are you calling nice?
[14:24] {Threei} this is so rude
[14:24] {Threei} noone ever called me nice and went unpunished
[14:29] {magoo} 131 vad coming
[14:36] {magoo} someone wake vad
[14:36] {Threei} why?
[14:37] {Threei} and think twice... do you really want to wake up a man with makarov under his pillow?
[14:40] {Threei} FSLR HEARING POSITIVE CHATTER CONCERNING POSSIBLE PENDING DEAL WITH PACIFIC ELECTRIC & GAS
[14:44] {Threei} so, do you see now how wrong sir Newton was about apples and gravity?
[14:45] {dptl} out aapl+1.00 TY
[14:45] {Threei} what??
[14:45] * Threei slaps dptl around a bit with a large trout
[14:45] {magoo} WWWWWWWWWWWWHHHHHHHHHHHHHHHHHHHAAAAAAAAAAAAAAAAAA
[14:46] * Threei slaps dptl around a bit with a roll of $100 bills for indecent profits
[14:46] * magoo slaps dptl around a bit with a large trout
[14:46] {dptl} lol.....ah should of stay
[14:50] {magoo} wheres another aapl long trigg vad?
[14:50] {Threei} none for now
[14:50] {Threei} too vertical
[14:51] {Threei} needs to settle down and form something
[14:51] {Threei} also mags
[14:52] {Threei} why do you need to trade now? let's better focus on on our disliking dptl
[14:52] {Threei} do I have it right? Dow -75?
[14:53] {Threei} TASR RECEIVES 2 LAW ENFORCEMENT ORDERS
[15:10] {Threei} tempted to short AAPL on bounce
[15:12] {Threei} .70 resistance
[15:13] {Threei} in
[15:13] {Threei} .71 stop
[15:14] {Threei} can I be like dptl and hold for 130
[15:16] {magoo} what entry u grt?
[15:16] {Threei} .54
[15:16] {magoo} .47
[15:16] {dptl} .53
[15:17] {Threei} 1:1
[15:17] {Threei} AAPL offically changes its name to fiddle
[15:18] {Threei} honestly, never saw this stock so easy to read
[15:20] {magoo} u out?
[15:20] {Threei} half
[15:20] {Threei} .61 stop
[15:20] {magoo} half of a HL?
[15:20] {Threei} I want to be like dptl when I grow up
[15:22] {magoo} me TTTTOOOOOOOO
[15:24] {dptl} out +.67 ty
[15:24] {Threei} I put in stop at breakeven and cover at 130.53 and left for a smoke... when I am back one of them better be hit
[15:24] {Threei} welcome dp
[15:25] {Threei} great job today
[15:25] {magoo} out + .53
[15:43] {Threei} haha
[15:43] {Threei} I am all grown up now
[15:43] {Threei} +1.01
[15:43] {dptl} gj
[15:44] {Threei} inspired by you
[15:44] {dptl} :)
[15:48] {dptl} cost
[15:49] {Threei} I don't see anything fresh on it
[15:50] {dptl} well big sell...may be bounce
[15:54] {Threei} OK guys, that was a beautiful day
[15:54] {Threei} nice payout for yesterday's lull
[15:54] {Threei} thank you all, have a great evening, see you all tomorrow
[15:55] {magoo} TY vad
[15:55] {Threei} ugh, one thing I forgot
[15:56] * Threei slaps Laserdave1 around a bit with a large trout
[15:56] {Threei} now I can go
[15:58] {dptl} have a good evening all
[16:00] {magoo} thanx all
Wednesday, February 27, 2008
Feb 27 2008
Session Time: Wed Feb 27 00:00:00 2008
[08:32] {Threei} *JAN DURABLE GOODS ORDERS: -5.3% V -4.0%E; EX-TRANSPORTATION: -1.6% V -1.4%E
- Prior Durables revised from 5.0% to 4.4%
[08:32] {Threei} - Prior Ex_Transportation revised from 2.3% to 2.0%
[08:57] {dino} gm all
[08:58] {Threei} dino :)
[08:59] {cosmo} ADSK warns
[08:59] {cosmo} Autodesk Donates New Data Access Technology for Microsoft SQL Server 2008 to Open Source Community
[08:59] {cosmo} PR Newswire (Wed 8:30am)
[08:59] {Threei} how very noble
[08:59] {cosmo} ....another +
[09:00] {cosmo} 34.62 pre mkt high ....fyi
[09:02] {cosmo} NFLX
[09:03] {cosmo} ... sees better times ahead...
[09:03] {cosmo} fwiw
[09:03] {cosmo} Netflix raises EPS, revenue and subscriber guidance for Q1 & FY08
[09:03] {cosmo} Briefing.com (Wed 7:42am)
[09:08] {cosmo} .... 31.14 so far...
[09:10] {dptl} good morning all
[09:10] {Threei} dp :)
[09:17] {magoo} morning
[09:18] {Threei} magoo :)
[09:19] {magoo} no replay today in room?
[09:19] {tomg} gm all
[09:19] {magoo} not a problem, just informing
[09:19] {Threei} tom :)
[09:19] {Threei} ty mags, will inquire
[09:20] {Threei} replay isn't working for everyone else?
[09:21] {tomg} works ok for me
[09:21] {Threei} hmm
[09:21] {magoo} double hmmm...hmmmmmmm
[09:21] {Threei} anyone else? I don't want to disconnect on purpose
[09:22] {Threei} (who knows if you let me back)
[09:23] {magoo} u pick another pointer like RIMM and u can come back anytime lol
[09:24] {Threei} ty... you are in a good spirit today :)
[09:27] {cosmo} JASO gonna test 14.8
[09:27] {esemde} morning
[09:27] {Threei} ese :)
[09:31] {_leo1} HI
[09:31] {Threei} leo :)
[09:31] {esemde} leo
[09:31] {magoo} leoooo:)
[09:33] {_leo1} IM LEO:)
[09:35] {Roman}
21 SSRI long setup
[09:35] {Threei} NVDA short for a scalp with .56 stop, let's keep it half lot
[09:35] {Threei} on first sign of weakness
[09:35] {Roman}
21 in SSRI 36.16
[09:35] {Threei} SSRI is silver, right?
[09:35] {Roman}
21 yes
[09:36] {Roman}
21 COIN high
[09:37] {magoo} where u in SSRI rfr?
[09:38] {Roman}
21 [09:35] {Roman} in SSRI 36.16
[09:38] {lumdus} good morning all . woke up late
[09:38] {Threei} lum :)
[09:38] {magoo} ty
[09:38] {magoo} sh NVDA
[09:38] {magoo} .42
[09:38] {Threei} die NVDA
[09:39] {Threei} market is trying to strengthen
[09:40] {Threei} unsuccessfully
[09:40] {Threei} stop to .51
[09:40] {lumdus} l gg 43.15
[09:40] {Threei} don't want to get caught in morning volatility
[09:41] {magoo} out
[09:41] {Threei} out
[09:42] {curtisweese} out
[09:43] {Threei} VLNC will never stop or what
[09:43] {lumdus} vad, and you the next vlnc .. (ctum) hopefully
[09:44] {lumdus} stop on gg b/e 43.14
[09:46] {lumdus} damm out gg -.02
[09:48] {Threei} XLNX 23.06 long if stays above 22.95
[09:50] {magoo} in
[09:54] {dino} sone s .28, stop .53
[09:56] {Threei} LLTC .78 long with .69 stop
[09:57] {magoo} in
[09:59] {Threei} enough headfakes NQ, just go up alreadyt
[09:59] {magoo} really
[09:59] {Threei} good boy... now break 1790 and rally
[09:59] {dino} tighten sone to hod
[10:00] {Threei} JAN NEW HOME SALES: 588K V 600KE
[10:02] {Chaeron} gm all
[10:03] {magoo} morn chaer:)\
[10:03] {Threei} market demonstrated ability go up on any bad news lately... and we just got more news... let's rally
[10:03] {Threei} chaeron :)
[10:03] {magoo} doesn't know what to do
[10:03] {Threei} it does... it wants to go up
[10:03] {Threei} one th doesn't know yet is:
[10:04] {Threei} has it shaken enough of shorts yet
[10:04] {Chaeron} in XLNX
[10:04] {lumdus} s amzn 70.22 stop 70.26
[10:06] {lumdus} dia amzn ,, quickly and i scalp you .
[10:06] {Threei} LLTC stopped
[10:06] {lumdus} stop 70.03 hard stop
[10:06] {dino} sone stopped .45 -.17
[10:06] {lumdus} .88 stop
[10:07] {curtisweese} lltc stopped o for 2 today
[10:07] {curtisweese} for me
[10:07] {lumdus} .75 stop on amzn
[10:07] {magoo} 0 for 3
[10:07] {lumdus} out amzn .73
[10:07] {lumdus} +.48 on amzn
[10:09] {lumdus} vad, how can i after tell this. Look, i scalped amzn and now it goes down more.
[10:09] {magoo} its rinsing us vad
[10:09] {Threei} now it going back up lum
[10:09] {magoo} not complaining..observing
[10:09] {Threei} relax, it's normal trading process
[10:09] {Threei} you take what you can read
[10:09] {magoo} yup
[10:09] {Threei} yes mags
[10:10] {lumdus} i want to short the damm thing again
[10:10] {Threei} stop is stop, it's placed there to stop losses... you can't widen it indefinitely just to avoid being shaken out
[10:11] {lumdus} watching dd for long
[10:13] {lumdus} in abb 25.48
[10:14] {esemde} I see your argument about a rally Vad...it looks to me like stocks are being squeezed down one last time or so to shake out weak hands...
[10:14] {lumdus} lon abb 25.48 stop 25.37
[10:16] {lumdus} stop on abb 25.44
[10:16] {curtisweese} lum, nice...watching that one
[10:16] {Threei} and rallying we are
[10:17] {magoo} good feel u had boss
[10:17] {lumdus} you really think staying power. i am going to wait, but amzn is on my hit list for a nice short
[10:17] {Threei} yeah... unfortunately haven't found right stock to utilize it
[10:17] {magoo} ok, its playing hardball
[10:17] {curtisweese} i'm in scalp mode...market too jumpy for me :(
[10:17] {Threei} LLTC shook us out
[10:17] {Threei} XLNX trying
[10:17] {Threei} a bit too narrow, wish it had more "spiking power"
[10:18] {magoo} do not have any familiarity with these 2
[10:18] {curtisweese} i'm gonnna short NVDA in a sec ...around 22.69 if resistance holds
[10:19] {lumdus} curits, you do better shorting amzn inho
[10:19] {curtisweese} ok...let me check :)
[10:19] {lumdus} little too late ..
[10:19] {magoo} vcad, whats XLNX potential? as in .40 area?
[10:19] {Threei} great LLTC
[10:19] {Threei} mags, totally depends on market
[10:20] {Threei} XKLNX is willing
[10:20] {Threei} and can creep much higher
[10:20] {Threei} but market support is neded
[10:20] {magoo} understood on mkt depends
[10:20] {lumdus} ok, there is the scalp for amzn short .. the easiet trade ever made
[10:20] {curtisweese} yeah missed it :(
[10:20] {lumdus} out amzn + .63
[10:21] {lumdus} curtis, i gave you 2 x heads up.
[10:21] {curtisweese} yeah....i know...no worries...if i'm not in, i cant lose any money anyway...hehehe
[10:21] {lumdus} one more trade for the morning and I am done. Getting to hyper
[10:22] {lumdus} feeling too confident is also no good. Need someone to slap me around .. with a trout of course
[10:22] * magoo slaps lumdus around a bit with a large trout
[10:22] {lumdus} tx bud
[10:22] {magoo} u can count on magoo bro
[10:22] {lumdus} stop on abb to .46 let's see
[10:23] {lumdus} vad, you like abb ?
[10:24] {Threei} if it works I do
[10:25] {dino} qld s .50
[10:27] {Threei} so, let's see... economy is in ruins, banks are all but close their doors, inflation is rampant, recession is looming - and out of all stocks you could think of it's NFLX that is running?
[10:28] {magoo} might be a pullbk entry here vad in LLTC?
[10:28] {magoo} if mkt resumes up
[10:28] {lumdus} out abb -.02
[10:28] {Threei} with .79 stop, why not
[10:28] {magoo} orig was .78 right?
[10:29] {Threei} yes
[10:30] {Threei} *DOE CRUDE: +3.2 V +2.5ME ; GASOLINE:+2.3 V +400KE ; DISTILLATES: -2.58M V -2ME ; UTILIZATION: % V 83.7%E
[10:32] {Threei} CFO: FEEL BETTER ABOUT IBM'S US BUSINESS TWO MONTHS INTO Q1 THAN HE DID IN Q4
[10:32] {Threei} good for him
[10:34] {Threei} XLNXstop to .99
[10:37] {Threei} XLNX over 1:1
[10:37] {lumdus} and there goes abb.. too tight of a stop .. again, as vad would say
[10:37] {Threei} LLTC rewards tour entry mags (if you went for it)
[10:37] {Threei} half out XLNX .24
[10:37] {magoo} i did .84
[10:38] {magoo} how u know i go lol?
[10:38] {dino} qld stopped -.33
[10:38] {Threei} I didn't... said IF :)
[10:38] {lumdus} i am shorting amzn on next bounce
[10:38] {Threei} but really, I had little doubt, lol
[10:38] {magoo} thats whatr i meant
[10:38] {lumdus} short amzn 69.91 stop 70.11
[10:40] {magoo} out 29 here vad, TY
[10:40] {Threei} in full?
[10:40] {magoo} yeah, i dummy
[10:40] {Threei} who knows... we will see
[10:40] {magoo} like to bank it too much i guess
[10:40] {Threei} market looks ready for breakout
[10:41] {magoo} although i still in X with ya
[10:41] {Threei} breakout it is
[10:41] {lumdus} amzn -.21
[10:41] {Threei} in what?
[10:41] {magoo} XLNX
[10:41] {esemde} indexes turning green vad......
[10:41] {magoo} u partial yet?
[10:41] {Threei} ohh... sorry, you sold LLTC
[10:41] {Threei} misunderstood
[10:42] {Threei} [10:37] {Threei} half out XLNX .24
[10:42] {lumdus} nice trading folks
[10:42] {magoo} oh, ok
[10:42] {magoo} we BOTH confused lol
[10:43] {magoo} alright, i just partialed .32
[10:43] {dino} kbr l .72
[10:47] {dino} sm l fwlt .00
[10:48] {curtisweese} s AMZN 70.62 risky
[10:50] {lumdus} amzn with .85 stop .. curtis .. right ?
[10:50] {curtisweese} exactly what i had
[10:50] {lumdus} i didn't do anything yet doesn't look so good
[10:50] * Chaeron slaps Laserdave1 around a bit with a large trout
[10:51] {curtisweese} stopped
[10:51] {curtisweese} needed the market to help on that one
[10:51] {lumdus} yeah, it didn't make much sense the trade curits
[10:52] {curtisweese} lol....
[10:52] {curtisweese} {--newbie
[10:52] {curtisweese} now i want to buy it if it breaks 71.18 or so lol
[10:54] {dino} fwlt stopped -.27
[10:55] {Threei} FED'S BERNANKE: MORTGAGE DEBT MARKET 'DYSFUNCTIONAL' - Q&A
- Notes need for more responsibility and accountability in mortgage origination
[10:55] {Threei} - Must take measured approach in new regulation to the mortgage industry
[10:55] {Threei} - No date has been set for release of new rules
[10:56] {lumdus} fnm running
[10:57] {lumdus} s hort fnm 31.33 stop hod
[10:57] {lumdus} stop b/e now..
[10:57] {curtisweese} crap...there drops AMZN
[10:57] {lumdus} out 31.03
[10:57] {lumdus} +.30 fnm
[10:59] {curtisweese} i just needed a higher stop on it i guess
[10:59] {curtisweese} or luck making bad trade look good....hahaha
[11:05] {dino} nihd l .80
[11:10] {dino} nihd stop to b/e
[11:10] {magoo} RIMM in that tough 110 level vad
[11:10] {magoo} could be short scalp w/mkt help
[11:12] {dino} to .23
[11:14] {dino} stoppeed nihd .23, +.43
[11:15] {Threei} dunno mags... so far idea of shorting doesn't appeal to me today
[11:22] {Threei} as a matter of fact... I'd rather look for RIMM long if it takes 111
[11:22] {curtisweese} what about NVDA long if breaks 22.99 or so?
[11:23] {curtisweese} in on NVDA long
[11:23] {Chaeron} in RIMM
[11:25] {Chaeron} stopped RIMM -.25
[11:37] {Chaeron} .
[11:37] {Threei} EMKR RECEIVES $39M IN NEW ORDERS FOR CONCENTRATOR SOLAR CELL RECEIVER ASSEMBLIES
[11:42] {dino} partial fill s aaww .90
[11:49] {dino} aaww bstop to .23
[11:52] {Threei} in RIMM small long
[11:52] {Threei} stop under .75
[11:54] {Threei} XLNX stop to .19 for second half
[11:55] {Threei} out RIMM
[11:55] {dino} aaww bstop to .70
[11:55] {Threei} tricky
[11:55] {dino} biib
[11:56] {Threei} BIIB
[11:56] {Threei} FDA: TYSABRI LINKED TO SIGNIFICANT "LIVER INJURY," MAY OCCUR WITHIN SIX DAYS WITHIN FIRST DOSE
[11:57] {Threei} short small
[11:57] {Threei} stop above .50
[11:58] {dino} cvco sm l .07, biib sm l .00
[12:00] {Threei} can't seem to trade 25 cents for a phone call today
[12:01] {dino} out biib .85 +.85
[12:01] {Threei} lol
[12:02] {Threei} shorted at the same .85 again
[12:02] {dino} you're welocome to have those shares
[12:02] {Threei} nope, we both sold
[12:02] {dino} aaww bstop to .29
[12:03] {dino} exac
[12:03] {Threei} tried to cover .26, got half only
[12:04] {Threei} looks like second half is going to be stopped
[12:05] {Threei} out
[12:05] {dino} aaww stopped 52.29 +1.61
[12:06] {dino} enoc kicked in the b@lls
[12:06] {Threei} out balance XLNX
[12:07] {Threei} failed to make new highs, lunch time upon us
[12:07] {Threei} not much chance for continuation nearest time
[12:15] {curtisweese} hmmm SIRI intriguing at 2.94
[12:18] {curtisweese} lol...even at 2.93....small changes equal big loss or win though...scary
[12:20] {curtisweese} i will say i just got a new car and it has Sirius which i thought was stupid, but now that i have it, it is the coolest thing ever
[12:21] {Threei} GDX .51 long if stays above .40
[12:23] {dino} pzza
[12:26] {curtisweese} in on SIRI 2.94.....going with my gut! shudder
[12:29] {curtisweese} run SIRI run! boiled shrimp fried shrimp cajun shrimp
[12:32] {dino} forest
[12:38] {Threei} FED'S BERNANKE: LARGE INCREASE IN TAXES WOULD BE A DRAG ON THE CONSUMER- Expects higher unemployment only to last for a couple of years
[12:40] {dino} out cvco .65 +.58
[12:41] {curtisweese} ohhh 6 to 1 ratio buyers to sellers is good right? these level 2 screens confuse me....grrrr
[12:41] {Threei} it doesn't have any significance on this stock
[12:41] {curtisweese} then disappears in a second...you are right!
[12:42] {curtisweese} again
[12:42] {curtisweese} of course
[12:42] {curtisweese} :P
[12:42] {Threei} go to that video interview of mine on homepage, listen to the part on level 2
[12:42] {Threei} and read scalping course part on that
[12:43] {curtisweese} k
[12:54] {Threei} GDX 1:1
[12:54] {Threei} did I really hit something right?
[12:54] {Threei} lol
[12:55] {Threei} WHITE HOUSE: 'MINDFUL' OF IMPACT OF RISING GASOLINE PRICES ON ECONOMY
[12:55] {dptl} out gdx ty
[12:55] {Threei} welcome sir
[12:56] {Threei} aren't you guys glad white house is mindful of that?
[12:57] {cosmo} getting oil from $25 to $100 is hard work....
[12:58] {magoo} i must not be paying for all the correct symbol quotes..i can't pull that one vad GDX
[12:58] {dino} pzza s .50 stop .76
[12:58] {dptl} you need amex data Mags
[12:59] {magoo} oh..ok TY
[13:02] {dino} pxxa bstop to .21
[13:02] {dino} stopped +.29
[13:08] {dino} pzza i meant
[13:15] {dino} cvco s,m l .25
[13:18] {dino} stop to .35
[13:18] {Threei} out GDX in full, 1:2
[13:31] {dino} cvco slippage out -.05, f'ng .21 cents
[13:32] {dino} exac s .81, stop .03
[13:32] {Threei} DOJ CLEARS ORCL ACQUISITION OF BEAS - WIRE HEADLINE- Reminder deal is for $19.375 in cas
[13:32] {Threei} no upside really
[13:36] {magoo} lil selloff here
[13:36] {Threei} good thing I pulled plug on XLNX balance, seems to be totally out of gas
[13:39] {dino} need gas talk to magoo
[13:39] {Threei} I don't want to be presented
[13:45] {Chaeron} .
[13:47] {Threei} that's a fine point
[13:47] {Threei} I wish I made this point myself
[13:47] {Chaeron} heheh...
[13:47] {patience} speaking of gas....filled up the gas tank of my sister's new Hummer which I drove this past weekend
[13:47] {Threei} let's see if this makes thnings better:
[13:47] * Threei slaps Laserdave1 around a bit with a large trout
[13:48] {Threei} Hummer eh
[13:48] {patience} felt surreal paying the bill
[13:48] {Chaeron} $245?
[13:48] {patience} laughing, no
[13:48] {patience} was about $125
[13:48] {Threei} sheesh
[13:49] {Chaeron} canadian?
[13:49] {patience} what a guy magnet though....everytime parking, some guy comes up asking to see under the hood
[13:49] {patience} no, u.s. dollars chaeron
[13:49] {Chaeron} not going to respond to that one......................
[13:50] {Threei} I have 82 litres tank (I think it's about 22 gallons)... costs about 70 bucks to fill it
[13:50] {curtisweese} $75 or so for me....Jeep SRT :(
[13:50] {dino} lolpatience
[13:50] {Threei} I am never driving Hummer, it's official... why would I want a guy magnet
[13:51] {Chaeron} great point
[13:54] {curtisweese} Vad, crystal ball handy?
[13:54] {curtisweese} market is going......? heheh
[13:54] {Threei} handy but somewhat cloudy today
[13:57] {curtisweese} here we go...rally time
[13:57] {curtisweese} coooome oooooonnnn
[13:58] {Threei} nah curtis... you are asking... violence is the only thing that works
[13:58] {Threei} kick market, don't ask it
[13:58] {lumdus} oh, nice break i took. I missed anything
[13:58] {Threei} yes lum, 8 trades &1.20 each
[13:59] {Threei} no, one was 1.15, sorry
[13:59] {Chaeron} I retired lum
[13:59] {curtisweese} {{moves market higher through sheer stubborness and will and a smidge of violence}}
[13:59] {lumdus} interesting exact same answer last time. Fishy
[13:59] {Threei} really?
[13:59] {curtisweese} fishy? is that the symbol? buy! buy!
[14:00] {Threei} jeez... chaeron, we need to come up with more original things
[14:00] {Chaeron} sorry... what did you say Threei? I was getting the 6 pretty girls to wax my yacht correctly.....
[14:01] {Chaeron} and that's just the helicopter pad on the stern
[14:02] {Threei} never mind, just wanted you to tell them to be careful with my helicopter, last time around they scratched it
[14:02] {dino} ctrp drop
[14:02] {Chaeron} :)
[14:03] {Threei} AMZN, want bounce into .50 to short into
[14:11] {Threei} no luck with bounce
[14:16] {Chaeron} BIIB - FDA SPOKESPERSON SAYS TYSABRI LIVER INJURY ISSUE "ABSOLUTLY NOT NEW" - WIRE{ELN}
[14:18] {dino} cvco l .55 sm
[14:18] {dino} exac bstop to .64
[14:20] {magoo} mkt roll or run..that my friends...is THE question
[14:20] {curtisweese} cinnamin or butter?
[14:20] {dino} run then 3:05 roll
[14:23] {dino} or not
[14:23] {dino} exac stopped .57 ave, +.24
[14:24] {dino} oil down stocks down
[14:24] {Threei} how wierd is it
[14:25] {dino} it is how it goes for about a year now
[14:25] {dino} you'd think otherwise
[14:27] {dino} i guess when oil goes back to 40, the market gets cut by 60%
[14:29] {magoo} its about time in day where i say."come on vad,,find a winner" and vad replies "don't do it magoo..don't push.let trade come to u"
[14:30] {lumdus} in rimm 109.95 stop 109.60
[14:30] {Threei} I just don't feel it today magsa
[14:31] {magoo} its a tough day
[14:32] {dino} cvco stop to .05\
[14:32] {lumdus} stop on rimm 109.75
[14:33] {dino} take it to .15
[14:34] {dino} slippage to .94, +.39, sheesh
[14:35] {magoo} nice one lum
[14:35] {magoo} i almost went
[14:36] {lumdus} stop on rimm 109.99 o
[14:36] {dino} cedc
[14:36] {lumdus} trail stop .10
[14:37] {lumdus} rimm below .40 i am out
[14:38] {lumdus} it's having some trouble moving ahead now.
[14:38] {dino} ?
[14:38] {dino} oh
[14:38] {lumdus} talking to me dino ?
[14:38] {lumdus} out rimm 110.41 + .46
[14:38] {dino} yeah, read it wrong, thought you said "i'm" not it
[14:39] {dino} spwr fast drop
[14:41] {lumdus} magoo you still in rimm ?
[14:42] {magoo} i didn't take it with u...almost
[14:43] {lumdus} oh , crap. hope somebody followed me at least
[14:44] {magoo} u been doing well LUM..i been noticing
[14:44] {lumdus} this week yes, last week no.
[14:45] {lumdus} however, Monday covered my bad for last week
[14:45] {lumdus} and today is my profit for the week.
[14:45] {Chaeron} you're here for profit?????
[14:46] {lumdus} chaeron. of course, why else i work, so i can have money to play tommorrow
[14:54] {dino} axys fast fall
[14:55] {lumdus} rimm making me cry - alot
[14:56] {magoo} if IF this mkt were to roll over hard, 100 shares short bidu would be a 5 pointer...RISKY and requires mkt...may go up if mkt goes up
[14:56] {Threei} the problem is, there is no way to twell the odds here
[14:57] {Threei} it feels like down rather than up[
[14:57] {magoo} well, if starts to fall..we will tell
[14:57] {Threei} but if I had to assign numbers to it, I wouldn't out it even as 51/49
[14:58] {Threei} rather like 50.0001 to 49.9999
[14:58] {curtisweese} up we go~
[14:59] {curtisweese} luckily i didn't sort 10000000 shares there....whew!
[14:59] {curtisweese} i mean short
[14:59] {curtisweese} sigh
[15:02] {magoo} i forgot to mention.if IF mkt goes up 100 shares long he he
[15:02] {curtisweese} hhahaha...IF i would have bought 10000 shares long...your short would have worked
[15:02] {Threei} someone has all bases covered eh? :)
[15:03] {curtisweese} instead i bought 2,400 shares of MSFT at 28.27
[15:05] {curtisweese} it is gonna break 28.32 and then make me smile
[15:05] {dptl} got to go ..have a good evening all
[15:05] {curtisweese} bye dptl
[15:06] {curtisweese} sorry out on SIRI at 2.98 +$.04
[15:06] {lumdus} amzn looks week .. short it :)
[15:06] {lumdus} i tried at .65 and missed it . - crap
[15:07] {curtisweese} here goes MSFT....come on buddy!! i loooove youuuuuu
[15:07] {curtisweese} does violence only work on mkt? :(
[15:09] {Threei} curtis... kind word and gun get you better results than kind word alone
[15:09] {curtisweese} that is what i've found with my girlfriends....oh! never mind
[15:11] {curtisweese} nice talking head is pumping MSFT right after i buy it.....come on talking head power
[15:11] {lumdus} l kbh 27.26 stop 27.09
[15:12] {curtisweese} this guy loves msft....hahaha
[15:12] {curtisweese} {{I DO live in Seattle and I did grow up 1 mile from Bill Gates...he should give me money
[15:14] {Threei} trying RIMM long on this pullback
[15:15] {Threei} stop .85
[15:15] {curtisweese} come on Market!!! i'm gonna beat you if you don't run
[15:16] {magoo} entry u get?
[15:16] {Threei} .06
[15:16] {magoo} .07
[15:16] {curtisweese} heheh
[15:17] {Threei} half out
[15:17] {Threei} .30
[15:17] {magoo} out .35 full
[15:17] {curtisweese} nice!!!
[15:17] {magoo} EASY BUTTON worthy vad
[15:18] {magoo} TY
[15:18] {Threei} you are welcome
[15:18] {magoo} U DA MAN
[15:18] {magoo} and da women he he as i run for trout cover
[15:18] {Threei} after being crybaby for almost whole day
[15:19] {Threei} except for XLNX and GDX
[15:19] {curtisweese} waaaaaaa! my portfolio hurts
[15:19] {lumdus} kbh stop 27.17
[15:20] {lumdus} kbh , ready to take the high and more .. run now run !
[15:20] {Threei} out in full.63
[15:20] {curtisweese} great job
[15:20] {Threei} +.57
[15:20] {Threei} whew
[15:20] {curtisweese} you still got it!
[15:20] {lumdus} nice vad
[15:20] {Threei} even blind squirell...
[15:21] {dino} out ctrp .47, +.57 too fast to post
[15:21] {lumdus} kbh stop 27.23
[15:22] {dino} axys l .73
[15:23] {magoo} real nice exit vad
[15:24] {lumdus} sto on kbh 27.27
[15:26] {lumdus} out kbh flaat
[15:26] {lumdus} damm, should me out nicely
[15:26] {curtisweese} just barely got ya
[15:27] {dino} axys stop to b/e
[15:27] {lumdus} curtis by .01 it nailed me now watch it run like a chicken
[15:28] {curtisweese} here goes MSFT with the market pop finally
[15:28] {curtisweese} you are right, Lum, like market was watching you
[15:29] {magoo} RIMM 112...sigh
[15:29] {magoo} someday i gonna make food hat all the children will eat :) {chef boyardee}
[15:30] {lumdus} long scso 25.14
[15:30] {lumdus} csco 25.14 long
[15:30] {dino} stopped axys slippage -.25, oh mann, thats 3x'sv today
[15:31] {lumdus} l csco 25.14 stop 24.97 ( need to protect my profits from today - no chances here.)
[15:33] {curtisweese} i will be on a plane to Cabo tomorrow :) I will miss trading, but the corona and sun will easee my pain
[15:34] {Threei} poor you
[15:34] {magoo} that does it...............
[15:34] * magoo slaps curtisweese around a bit with a large trout
[15:37] {curtisweese} here comes the rally.....come on
[15:38] {dino} really curtis, i will be in mexico sunday for a week
[15:38] {dino} royal inn playa de carmen, gulf side
[15:39] {cosmo} which gulf?
[15:39] {curtisweese} it is awesome in playa del carmen...right by cozumel there
[15:39] {curtisweese} i'm going to be on the other side in cabo san lucas
[15:39] {dino} stopped in cozumel once on a cruis, carlos and charlies
[15:39] {curtisweese} you will love playa ....it is just great!
[15:39] {dino} good to hear, have fun
[15:40] {dino} sm s cedc .88
[15:41] {curtisweese} dino you taking all money out of the market while gone? i figured i'd pick a safe stock and leave it there, so not to miss any huge market rallies
[15:41] {Threei} hmmm
[15:42] {Threei} what's safe
[15:42] {cosmo} COGT?
[15:42] {curtisweese} that's the trouble part....figured msft or something like that
[15:42] {dino} trading acct will be cash
[15:42] {dino} cedc stopped
[15:42] {Threei} and if it can go up with huge rally, can't it go down with huge drop?
[15:42] {curtisweese} true
[15:43] {curtisweese} but stop loss gets rid of that
[15:43] {curtisweese} or minimizes it
[15:43] {dino} unless afterhours gap curtis, i've lived that pain
[15:43] {curtisweese} omg...that would suck
[15:43] {magoo} vad, is trading room gonna be up and running next week with dino and curtis off??
[15:43] {curtisweese} hahahaha
[15:44] {dino} yes magoo, just no capitulation or euphoria plays
[15:44] {Threei} nope
[15:44] {Threei} in fact, any of you takes day off, I use it as an excuse to close the doors for the day
[15:44] {dino} oh magoo,. room is in mexico next week, forgot to tell you
[15:44] {Threei} awwww dino
[15:45] {Threei} now he will come too
[15:45] {dino} lol
[15:45] {magoo} THAT DOES IT......................
[15:45] {Threei} uh oh
[15:45] {dino} i told him 16 were going
[15:45] * magoo slaps dino around a bit with a large trout
[15:45] * magoo slaps Threei around a bit with a large trout
[15:45] {magoo} ROFLOL
[15:45] {Threei} see? and you want him on the beach in Mexico? swinging stinkin fish?
[15:46] {dino} we'll send him a postcard, me curtis, vad on beach
[15:46] {curtisweese} i need to go buy some speedos.....hahah
[15:46] {Threei} curtis in speedos? I want different beach
[15:46] {magoo} dino wears those..not a pretty site
[15:47] {dino} not
[15:47] {dino} board shorts
[15:47] {curtisweese} what are we shorting?
[15:47] {dino} the indexes next week
[15:48] {dino} buy stock in cabo and corona
[15:49] {curtisweese} but not penecillan i hope
[15:49] {curtisweese} rally into close.....nice
[15:49] {dino} no, the wife will be w/me
[15:53] {dino} ouch enoc
[15:54] {Threei} too bad time is running olut... COIN break of .90 would be nice trade
[15:54] {Threei} OK guys, thank you all, have a good evening
[15:54] {magoo} ty boss, we trading tomorrow?
[15:55] {Threei} sorry about empty part of the day, it got nicely framed by two wins though
[15:55] {Threei} why not?
[15:55] {Threei} what's special about tomorrow?
[15:55] {magoo} dino says its office cinco de mayo
[15:55] {dino} on monday magoo
[15:56] {Threei} see you all tomorrow
[15:56] {curtisweese} bye :)
[15:56] {magoo} have nice vaca curtis
[15:56] {dino} take care all
[15:57] {curtisweese} thx....may your big trades be fruitful
[15:59] {dino} have fun curtis
[15:59] {curtisweese} see you all next week!
[08:32] {Threei} *JAN DURABLE GOODS ORDERS: -5.3% V -4.0%E; EX-TRANSPORTATION: -1.6% V -1.4%E
- Prior Durables revised from 5.0% to 4.4%
[08:32] {Threei} - Prior Ex_Transportation revised from 2.3% to 2.0%
[08:57] {dino} gm all
[08:58] {Threei} dino :)
[08:59] {cosmo} ADSK warns
[08:59] {cosmo} Autodesk Donates New Data Access Technology for Microsoft SQL Server 2008 to Open Source Community
[08:59] {cosmo} PR Newswire (Wed 8:30am)
[08:59] {Threei} how very noble
[08:59] {cosmo} ....another +
[09:00] {cosmo} 34.62 pre mkt high ....fyi
[09:02] {cosmo} NFLX
[09:03] {cosmo} ... sees better times ahead...
[09:03] {cosmo} fwiw
[09:03] {cosmo} Netflix raises EPS, revenue and subscriber guidance for Q1 & FY08
[09:03] {cosmo} Briefing.com (Wed 7:42am)
[09:08] {cosmo} .... 31.14 so far...
[09:10] {dptl} good morning all
[09:10] {Threei} dp :)
[09:17] {magoo} morning
[09:18] {Threei} magoo :)
[09:19] {magoo} no replay today in room?
[09:19] {tomg} gm all
[09:19] {magoo} not a problem, just informing
[09:19] {Threei} tom :)
[09:19] {Threei} ty mags, will inquire
[09:20] {Threei} replay isn't working for everyone else?
[09:21] {tomg} works ok for me
[09:21] {Threei} hmm
[09:21] {magoo} double hmmm...hmmmmmmm
[09:21] {Threei} anyone else? I don't want to disconnect on purpose
[09:22] {Threei} (who knows if you let me back)
[09:23] {magoo} u pick another pointer like RIMM and u can come back anytime lol
[09:24] {Threei} ty... you are in a good spirit today :)
[09:27] {cosmo} JASO gonna test 14.8
[09:27] {esemde} morning
[09:27] {Threei} ese :)
[09:31] {_leo1} HI
[09:31] {Threei} leo :)
[09:31] {esemde} leo
[09:31] {magoo} leoooo:)
[09:33] {_leo1} IM LEO:)
[09:35] {Roman}
21 SSRI long setup
[09:35] {Threei} NVDA short for a scalp with .56 stop, let's keep it half lot
[09:35] {Threei} on first sign of weakness
[09:35] {Roman}
21 in SSRI 36.16
[09:35] {Threei} SSRI is silver, right?
[09:35] {Roman}
21 yes
[09:36] {Roman}
21 COIN high
[09:37] {magoo} where u in SSRI rfr?
[09:38] {Roman}
21 [09:35] {Roman} in SSRI 36.16
[09:38] {lumdus} good morning all . woke up late
[09:38] {Threei} lum :)
[09:38] {magoo} ty
[09:38] {magoo} sh NVDA
[09:38] {magoo} .42
[09:38] {Threei} die NVDA
[09:39] {Threei} market is trying to strengthen
[09:40] {Threei} unsuccessfully
[09:40] {Threei} stop to .51
[09:40] {lumdus} l gg 43.15
[09:40] {Threei} don't want to get caught in morning volatility
[09:41] {magoo} out
[09:41] {Threei} out
[09:42] {curtisweese} out
[09:43] {Threei} VLNC will never stop or what
[09:43] {lumdus} vad, and you the next vlnc .. (ctum) hopefully
[09:44] {lumdus} stop on gg b/e 43.14
[09:46] {lumdus} damm out gg -.02
[09:48] {Threei} XLNX 23.06 long if stays above 22.95
[09:50] {magoo} in
[09:54] {dino} sone s .28, stop .53
[09:56] {Threei} LLTC .78 long with .69 stop
[09:57] {magoo} in
[09:59] {Threei} enough headfakes NQ, just go up alreadyt
[09:59] {magoo} really
[09:59] {Threei} good boy... now break 1790 and rally
[09:59] {dino} tighten sone to hod
[10:00] {Threei} JAN NEW HOME SALES: 588K V 600KE
[10:02] {Chaeron} gm all
[10:03] {magoo} morn chaer:)\
[10:03] {Threei} market demonstrated ability go up on any bad news lately... and we just got more news... let's rally
[10:03] {Threei} chaeron :)
[10:03] {magoo} doesn't know what to do
[10:03] {Threei} it does... it wants to go up
[10:03] {Threei} one th doesn't know yet is:
[10:04] {Threei} has it shaken enough of shorts yet
[10:04] {Chaeron} in XLNX
[10:04] {lumdus} s amzn 70.22 stop 70.26
[10:06] {lumdus} dia amzn ,, quickly and i scalp you .
[10:06] {Threei} LLTC stopped
[10:06] {lumdus} stop 70.03 hard stop
[10:06] {dino} sone stopped .45 -.17
[10:06] {lumdus} .88 stop
[10:07] {curtisweese} lltc stopped o for 2 today
[10:07] {curtisweese} for me
[10:07] {lumdus} .75 stop on amzn
[10:07] {magoo} 0 for 3
[10:07] {lumdus} out amzn .73
[10:07] {lumdus} +.48 on amzn
[10:09] {lumdus} vad, how can i after tell this. Look, i scalped amzn and now it goes down more.
[10:09] {magoo} its rinsing us vad
[10:09] {Threei} now it going back up lum
[10:09] {magoo} not complaining..observing
[10:09] {Threei} relax, it's normal trading process
[10:09] {Threei} you take what you can read
[10:09] {magoo} yup
[10:09] {Threei} yes mags
[10:10] {lumdus} i want to short the damm thing again
[10:10] {Threei} stop is stop, it's placed there to stop losses... you can't widen it indefinitely just to avoid being shaken out
[10:11] {lumdus} watching dd for long
[10:13] {lumdus} in abb 25.48
[10:14] {esemde} I see your argument about a rally Vad...it looks to me like stocks are being squeezed down one last time or so to shake out weak hands...
[10:14] {lumdus} lon abb 25.48 stop 25.37
[10:16] {lumdus} stop on abb 25.44
[10:16] {curtisweese} lum, nice...watching that one
[10:16] {Threei} and rallying we are
[10:17] {magoo} good feel u had boss
[10:17] {lumdus} you really think staying power. i am going to wait, but amzn is on my hit list for a nice short
[10:17] {Threei} yeah... unfortunately haven't found right stock to utilize it
[10:17] {magoo} ok, its playing hardball
[10:17] {curtisweese} i'm in scalp mode...market too jumpy for me :(
[10:17] {Threei} LLTC shook us out
[10:17] {Threei} XLNX trying
[10:17] {Threei} a bit too narrow, wish it had more "spiking power"
[10:18] {magoo} do not have any familiarity with these 2
[10:18] {curtisweese} i'm gonnna short NVDA in a sec ...around 22.69 if resistance holds
[10:19] {lumdus} curits, you do better shorting amzn inho
[10:19] {curtisweese} ok...let me check :)
[10:19] {lumdus} little too late ..
[10:19] {magoo} vcad, whats XLNX potential? as in .40 area?
[10:19] {Threei} great LLTC
[10:19] {Threei} mags, totally depends on market
[10:20] {Threei} XKLNX is willing
[10:20] {Threei} and can creep much higher
[10:20] {Threei} but market support is neded
[10:20] {magoo} understood on mkt depends
[10:20] {lumdus} ok, there is the scalp for amzn short .. the easiet trade ever made
[10:20] {curtisweese} yeah missed it :(
[10:20] {lumdus} out amzn + .63
[10:21] {lumdus} curtis, i gave you 2 x heads up.
[10:21] {curtisweese} yeah....i know...no worries...if i'm not in, i cant lose any money anyway...hehehe
[10:21] {lumdus} one more trade for the morning and I am done. Getting to hyper
[10:22] {lumdus} feeling too confident is also no good. Need someone to slap me around .. with a trout of course
[10:22] * magoo slaps lumdus around a bit with a large trout
[10:22] {lumdus} tx bud
[10:22] {magoo} u can count on magoo bro
[10:22] {lumdus} stop on abb to .46 let's see
[10:23] {lumdus} vad, you like abb ?
[10:24] {Threei} if it works I do
[10:25] {dino} qld s .50
[10:27] {Threei} so, let's see... economy is in ruins, banks are all but close their doors, inflation is rampant, recession is looming - and out of all stocks you could think of it's NFLX that is running?
[10:28] {magoo} might be a pullbk entry here vad in LLTC?
[10:28] {magoo} if mkt resumes up
[10:28] {lumdus} out abb -.02
[10:28] {Threei} with .79 stop, why not
[10:28] {magoo} orig was .78 right?
[10:29] {Threei} yes
[10:30] {Threei} *DOE CRUDE: +3.2 V +2.5ME ; GASOLINE:+2.3 V +400KE ; DISTILLATES: -2.58M V -2ME ; UTILIZATION: % V 83.7%E
[10:32] {Threei} CFO: FEEL BETTER ABOUT IBM'S US BUSINESS TWO MONTHS INTO Q1 THAN HE DID IN Q4
[10:32] {Threei} good for him
[10:34] {Threei} XLNXstop to .99
[10:37] {Threei} XLNX over 1:1
[10:37] {lumdus} and there goes abb.. too tight of a stop .. again, as vad would say
[10:37] {Threei} LLTC rewards tour entry mags (if you went for it)
[10:37] {Threei} half out XLNX .24
[10:37] {magoo} i did .84
[10:38] {magoo} how u know i go lol?
[10:38] {dino} qld stopped -.33
[10:38] {Threei} I didn't... said IF :)
[10:38] {lumdus} i am shorting amzn on next bounce
[10:38] {Threei} but really, I had little doubt, lol
[10:38] {magoo} thats whatr i meant
[10:38] {lumdus} short amzn 69.91 stop 70.11
[10:40] {magoo} out 29 here vad, TY
[10:40] {Threei} in full?
[10:40] {magoo} yeah, i dummy
[10:40] {Threei} who knows... we will see
[10:40] {magoo} like to bank it too much i guess
[10:40] {Threei} market looks ready for breakout
[10:41] {magoo} although i still in X with ya
[10:41] {Threei} breakout it is
[10:41] {lumdus} amzn -.21
[10:41] {Threei} in what?
[10:41] {magoo} XLNX
[10:41] {esemde} indexes turning green vad......
[10:41] {magoo} u partial yet?
[10:41] {Threei} ohh... sorry, you sold LLTC
[10:41] {Threei} misunderstood
[10:42] {Threei} [10:37] {Threei} half out XLNX .24
[10:42] {lumdus} nice trading folks
[10:42] {magoo} oh, ok
[10:42] {magoo} we BOTH confused lol
[10:43] {magoo} alright, i just partialed .32
[10:43] {dino} kbr l .72
[10:47] {dino} sm l fwlt .00
[10:48] {curtisweese} s AMZN 70.62 risky
[10:50] {lumdus} amzn with .85 stop .. curtis .. right ?
[10:50] {curtisweese} exactly what i had
[10:50] {lumdus} i didn't do anything yet doesn't look so good
[10:50] * Chaeron slaps Laserdave1 around a bit with a large trout
[10:51] {curtisweese} stopped
[10:51] {curtisweese} needed the market to help on that one
[10:51] {lumdus} yeah, it didn't make much sense the trade curits
[10:52] {curtisweese} lol....
[10:52] {curtisweese} {--newbie
[10:52] {curtisweese} now i want to buy it if it breaks 71.18 or so lol
[10:54] {dino} fwlt stopped -.27
[10:55] {Threei} FED'S BERNANKE: MORTGAGE DEBT MARKET 'DYSFUNCTIONAL' - Q&A
- Notes need for more responsibility and accountability in mortgage origination
[10:55] {Threei} - Must take measured approach in new regulation to the mortgage industry
[10:55] {Threei} - No date has been set for release of new rules
[10:56] {lumdus} fnm running
[10:57] {lumdus} s hort fnm 31.33 stop hod
[10:57] {lumdus} stop b/e now..
[10:57] {curtisweese} crap...there drops AMZN
[10:57] {lumdus} out 31.03
[10:57] {lumdus} +.30 fnm
[10:59] {curtisweese} i just needed a higher stop on it i guess
[10:59] {curtisweese} or luck making bad trade look good....hahaha
[11:05] {dino} nihd l .80
[11:10] {dino} nihd stop to b/e
[11:10] {magoo} RIMM in that tough 110 level vad
[11:10] {magoo} could be short scalp w/mkt help
[11:12] {dino} to .23
[11:14] {dino} stoppeed nihd .23, +.43
[11:15] {Threei} dunno mags... so far idea of shorting doesn't appeal to me today
[11:22] {Threei} as a matter of fact... I'd rather look for RIMM long if it takes 111
[11:22] {curtisweese} what about NVDA long if breaks 22.99 or so?
[11:23] {curtisweese} in on NVDA long
[11:23] {Chaeron} in RIMM
[11:25] {Chaeron} stopped RIMM -.25
[11:37] {Chaeron} .
[11:37] {Threei} EMKR RECEIVES $39M IN NEW ORDERS FOR CONCENTRATOR SOLAR CELL RECEIVER ASSEMBLIES
[11:42] {dino} partial fill s aaww .90
[11:49] {dino} aaww bstop to .23
[11:52] {Threei} in RIMM small long
[11:52] {Threei} stop under .75
[11:54] {Threei} XLNX stop to .19 for second half
[11:55] {Threei} out RIMM
[11:55] {dino} aaww bstop to .70
[11:55] {Threei} tricky
[11:55] {dino} biib
[11:56] {Threei} BIIB
[11:56] {Threei} FDA: TYSABRI LINKED TO SIGNIFICANT "LIVER INJURY," MAY OCCUR WITHIN SIX DAYS WITHIN FIRST DOSE
[11:57] {Threei} short small
[11:57] {Threei} stop above .50
[11:58] {dino} cvco sm l .07, biib sm l .00
[12:00] {Threei} can't seem to trade 25 cents for a phone call today
[12:01] {dino} out biib .85 +.85
[12:01] {Threei} lol
[12:02] {Threei} shorted at the same .85 again
[12:02] {dino} you're welocome to have those shares
[12:02] {Threei} nope, we both sold
[12:02] {dino} aaww bstop to .29
[12:03] {dino} exac
[12:03] {Threei} tried to cover .26, got half only
[12:04] {Threei} looks like second half is going to be stopped
[12:05] {Threei} out
[12:05] {dino} aaww stopped 52.29 +1.61
[12:06] {dino} enoc kicked in the b@lls
[12:06] {Threei} out balance XLNX
[12:07] {Threei} failed to make new highs, lunch time upon us
[12:07] {Threei} not much chance for continuation nearest time
[12:15] {curtisweese} hmmm SIRI intriguing at 2.94
[12:18] {curtisweese} lol...even at 2.93....small changes equal big loss or win though...scary
[12:20] {curtisweese} i will say i just got a new car and it has Sirius which i thought was stupid, but now that i have it, it is the coolest thing ever
[12:21] {Threei} GDX .51 long if stays above .40
[12:23] {dino} pzza
[12:26] {curtisweese} in on SIRI 2.94.....going with my gut! shudder
[12:29] {curtisweese} run SIRI run! boiled shrimp fried shrimp cajun shrimp
[12:32] {dino} forest
[12:38] {Threei} FED'S BERNANKE: LARGE INCREASE IN TAXES WOULD BE A DRAG ON THE CONSUMER- Expects higher unemployment only to last for a couple of years
[12:40] {dino} out cvco .65 +.58
[12:41] {curtisweese} ohhh 6 to 1 ratio buyers to sellers is good right? these level 2 screens confuse me....grrrr
[12:41] {Threei} it doesn't have any significance on this stock
[12:41] {curtisweese} then disappears in a second...you are right!
[12:42] {curtisweese} again
[12:42] {curtisweese} of course
[12:42] {curtisweese} :P
[12:42] {Threei} go to that video interview of mine on homepage, listen to the part on level 2
[12:42] {Threei} and read scalping course part on that
[12:43] {curtisweese} k
[12:54] {Threei} GDX 1:1
[12:54] {Threei} did I really hit something right?
[12:54] {Threei} lol
[12:55] {Threei} WHITE HOUSE: 'MINDFUL' OF IMPACT OF RISING GASOLINE PRICES ON ECONOMY
[12:55] {dptl} out gdx ty
[12:55] {Threei} welcome sir
[12:56] {Threei} aren't you guys glad white house is mindful of that?
[12:57] {cosmo} getting oil from $25 to $100 is hard work....
[12:58] {magoo} i must not be paying for all the correct symbol quotes..i can't pull that one vad GDX
[12:58] {dino} pzza s .50 stop .76
[12:58] {dptl} you need amex data Mags
[12:59] {magoo} oh..ok TY
[13:02] {dino} pxxa bstop to .21
[13:02] {dino} stopped +.29
[13:08] {dino} pzza i meant
[13:15] {dino} cvco s,m l .25
[13:18] {dino} stop to .35
[13:18] {Threei} out GDX in full, 1:2
[13:31] {dino} cvco slippage out -.05, f'ng .21 cents
[13:32] {dino} exac s .81, stop .03
[13:32] {Threei} DOJ CLEARS ORCL ACQUISITION OF BEAS - WIRE HEADLINE- Reminder deal is for $19.375 in cas
[13:32] {Threei} no upside really
[13:36] {magoo} lil selloff here
[13:36] {Threei} good thing I pulled plug on XLNX balance, seems to be totally out of gas
[13:39] {dino} need gas talk to magoo
[13:39] {Threei} I don't want to be presented
[13:45] {Chaeron} .
[13:47] {Threei} that's a fine point
[13:47] {Threei} I wish I made this point myself
[13:47] {Chaeron} heheh...
[13:47] {patience} speaking of gas....filled up the gas tank of my sister's new Hummer which I drove this past weekend
[13:47] {Threei} let's see if this makes thnings better:
[13:47] * Threei slaps Laserdave1 around a bit with a large trout
[13:48] {Threei} Hummer eh
[13:48] {patience} felt surreal paying the bill
[13:48] {Chaeron} $245?
[13:48] {patience} laughing, no
[13:48] {patience} was about $125
[13:48] {Threei} sheesh
[13:49] {Chaeron} canadian?
[13:49] {patience} what a guy magnet though....everytime parking, some guy comes up asking to see under the hood
[13:49] {patience} no, u.s. dollars chaeron
[13:49] {Chaeron} not going to respond to that one......................
[13:50] {Threei} I have 82 litres tank (I think it's about 22 gallons)... costs about 70 bucks to fill it
[13:50] {curtisweese} $75 or so for me....Jeep SRT :(
[13:50] {dino} lolpatience
[13:50] {Threei} I am never driving Hummer, it's official... why would I want a guy magnet
[13:51] {Chaeron} great point
[13:54] {curtisweese} Vad, crystal ball handy?
[13:54] {curtisweese} market is going......? heheh
[13:54] {Threei} handy but somewhat cloudy today
[13:57] {curtisweese} here we go...rally time
[13:57] {curtisweese} coooome oooooonnnn
[13:58] {Threei} nah curtis... you are asking... violence is the only thing that works
[13:58] {Threei} kick market, don't ask it
[13:58] {lumdus} oh, nice break i took. I missed anything
[13:58] {Threei} yes lum, 8 trades &1.20 each
[13:59] {Threei} no, one was 1.15, sorry
[13:59] {Chaeron} I retired lum
[13:59] {curtisweese} {{moves market higher through sheer stubborness and will and a smidge of violence}}
[13:59] {lumdus} interesting exact same answer last time. Fishy
[13:59] {Threei} really?
[13:59] {curtisweese} fishy? is that the symbol? buy! buy!
[14:00] {Threei} jeez... chaeron, we need to come up with more original things
[14:00] {Chaeron} sorry... what did you say Threei? I was getting the 6 pretty girls to wax my yacht correctly.....
[14:01] {Chaeron} and that's just the helicopter pad on the stern
[14:02] {Threei} never mind, just wanted you to tell them to be careful with my helicopter, last time around they scratched it
[14:02] {dino} ctrp drop
[14:02] {Chaeron} :)
[14:03] {Threei} AMZN, want bounce into .50 to short into
[14:11] {Threei} no luck with bounce
[14:16] {Chaeron} BIIB - FDA SPOKESPERSON SAYS TYSABRI LIVER INJURY ISSUE "ABSOLUTLY NOT NEW" - WIRE{ELN}
[14:18] {dino} cvco l .55 sm
[14:18] {dino} exac bstop to .64
[14:20] {magoo} mkt roll or run..that my friends...is THE question
[14:20] {curtisweese} cinnamin or butter?
[14:20] {dino} run then 3:05 roll
[14:23] {dino} or not
[14:23] {dino} exac stopped .57 ave, +.24
[14:24] {dino} oil down stocks down
[14:24] {Threei} how wierd is it
[14:25] {dino} it is how it goes for about a year now
[14:25] {dino} you'd think otherwise
[14:27] {dino} i guess when oil goes back to 40, the market gets cut by 60%
[14:29] {magoo} its about time in day where i say."come on vad,,find a winner" and vad replies "don't do it magoo..don't push.let trade come to u"
[14:30] {lumdus} in rimm 109.95 stop 109.60
[14:30] {Threei} I just don't feel it today magsa
[14:31] {magoo} its a tough day
[14:32] {dino} cvco stop to .05\
[14:32] {lumdus} stop on rimm 109.75
[14:33] {dino} take it to .15
[14:34] {dino} slippage to .94, +.39, sheesh
[14:35] {magoo} nice one lum
[14:35] {magoo} i almost went
[14:36] {lumdus} stop on rimm 109.99 o
[14:36] {dino} cedc
[14:36] {lumdus} trail stop .10
[14:37] {lumdus} rimm below .40 i am out
[14:38] {lumdus} it's having some trouble moving ahead now.
[14:38] {dino} ?
[14:38] {dino} oh
[14:38] {lumdus} talking to me dino ?
[14:38] {lumdus} out rimm 110.41 + .46
[14:38] {dino} yeah, read it wrong, thought you said "i'm" not it
[14:39] {dino} spwr fast drop
[14:41] {lumdus} magoo you still in rimm ?
[14:42] {magoo} i didn't take it with u...almost
[14:43] {lumdus} oh , crap. hope somebody followed me at least
[14:44] {magoo} u been doing well LUM..i been noticing
[14:44] {lumdus} this week yes, last week no.
[14:45] {lumdus} however, Monday covered my bad for last week
[14:45] {lumdus} and today is my profit for the week.
[14:45] {Chaeron} you're here for profit?????
[14:46] {lumdus} chaeron. of course, why else i work, so i can have money to play tommorrow
[14:54] {dino} axys fast fall
[14:55] {lumdus} rimm making me cry - alot
[14:56] {magoo} if IF this mkt were to roll over hard, 100 shares short bidu would be a 5 pointer...RISKY and requires mkt...may go up if mkt goes up
[14:56] {Threei} the problem is, there is no way to twell the odds here
[14:57] {Threei} it feels like down rather than up[
[14:57] {magoo} well, if starts to fall..we will tell
[14:57] {Threei} but if I had to assign numbers to it, I wouldn't out it even as 51/49
[14:58] {Threei} rather like 50.0001 to 49.9999
[14:58] {curtisweese} up we go~
[14:59] {curtisweese} luckily i didn't sort 10000000 shares there....whew!
[14:59] {curtisweese} i mean short
[14:59] {curtisweese} sigh
[15:02] {magoo} i forgot to mention.if IF mkt goes up 100 shares long he he
[15:02] {curtisweese} hhahaha...IF i would have bought 10000 shares long...your short would have worked
[15:02] {Threei} someone has all bases covered eh? :)
[15:03] {curtisweese} instead i bought 2,400 shares of MSFT at 28.27
[15:05] {curtisweese} it is gonna break 28.32 and then make me smile
[15:05] {dptl} got to go ..have a good evening all
[15:05] {curtisweese} bye dptl
[15:06] {curtisweese} sorry out on SIRI at 2.98 +$.04
[15:06] {lumdus} amzn looks week .. short it :)
[15:06] {lumdus} i tried at .65 and missed it . - crap
[15:07] {curtisweese} here goes MSFT....come on buddy!! i loooove youuuuuu
[15:07] {curtisweese} does violence only work on mkt? :(
[15:09] {Threei} curtis... kind word and gun get you better results than kind word alone
[15:09] {curtisweese} that is what i've found with my girlfriends....oh! never mind
[15:11] {curtisweese} nice talking head is pumping MSFT right after i buy it.....come on talking head power
[15:11] {lumdus} l kbh 27.26 stop 27.09
[15:12] {curtisweese} this guy loves msft....hahaha
[15:12] {curtisweese} {{I DO live in Seattle and I did grow up 1 mile from Bill Gates...he should give me money
[15:14] {Threei} trying RIMM long on this pullback
[15:15] {Threei} stop .85
[15:15] {curtisweese} come on Market!!! i'm gonna beat you if you don't run
[15:16] {magoo} entry u get?
[15:16] {Threei} .06
[15:16] {magoo} .07
[15:16] {curtisweese} heheh
[15:17] {Threei} half out
[15:17] {Threei} .30
[15:17] {magoo} out .35 full
[15:17] {curtisweese} nice!!!
[15:17] {magoo} EASY BUTTON worthy vad
[15:18] {magoo} TY
[15:18] {Threei} you are welcome
[15:18] {magoo} U DA MAN
[15:18] {magoo} and da women he he as i run for trout cover
[15:18] {Threei} after being crybaby for almost whole day
[15:19] {Threei} except for XLNX and GDX
[15:19] {curtisweese} waaaaaaa! my portfolio hurts
[15:19] {lumdus} kbh stop 27.17
[15:20] {lumdus} kbh , ready to take the high and more .. run now run !
[15:20] {Threei} out in full.63
[15:20] {curtisweese} great job
[15:20] {Threei} +.57
[15:20] {Threei} whew
[15:20] {curtisweese} you still got it!
[15:20] {lumdus} nice vad
[15:20] {Threei} even blind squirell...
[15:21] {dino} out ctrp .47, +.57 too fast to post
[15:21] {lumdus} kbh stop 27.23
[15:22] {dino} axys l .73
[15:23] {magoo} real nice exit vad
[15:24] {lumdus} sto on kbh 27.27
[15:26] {lumdus} out kbh flaat
[15:26] {lumdus} damm, should me out nicely
[15:26] {curtisweese} just barely got ya
[15:27] {dino} axys stop to b/e
[15:27] {lumdus} curtis by .01 it nailed me now watch it run like a chicken
[15:28] {curtisweese} here goes MSFT with the market pop finally
[15:28] {curtisweese} you are right, Lum, like market was watching you
[15:29] {magoo} RIMM 112...sigh
[15:29] {magoo} someday i gonna make food hat all the children will eat :) {chef boyardee}
[15:30] {lumdus} long scso 25.14
[15:30] {lumdus} csco 25.14 long
[15:30] {dino} stopped axys slippage -.25, oh mann, thats 3x'sv today
[15:31] {lumdus} l csco 25.14 stop 24.97 ( need to protect my profits from today - no chances here.)
[15:33] {curtisweese} i will be on a plane to Cabo tomorrow :) I will miss trading, but the corona and sun will easee my pain
[15:34] {Threei} poor you
[15:34] {magoo} that does it...............
[15:34] * magoo slaps curtisweese around a bit with a large trout
[15:37] {curtisweese} here comes the rally.....come on
[15:38] {dino} really curtis, i will be in mexico sunday for a week
[15:38] {dino} royal inn playa de carmen, gulf side
[15:39] {cosmo} which gulf?
[15:39] {curtisweese} it is awesome in playa del carmen...right by cozumel there
[15:39] {curtisweese} i'm going to be on the other side in cabo san lucas
[15:39] {dino} stopped in cozumel once on a cruis, carlos and charlies
[15:39] {curtisweese} you will love playa ....it is just great!
[15:39] {dino} good to hear, have fun
[15:40] {dino} sm s cedc .88
[15:41] {curtisweese} dino you taking all money out of the market while gone? i figured i'd pick a safe stock and leave it there, so not to miss any huge market rallies
[15:41] {Threei} hmmm
[15:42] {Threei} what's safe
[15:42] {cosmo} COGT?
[15:42] {curtisweese} that's the trouble part....figured msft or something like that
[15:42] {dino} trading acct will be cash
[15:42] {dino} cedc stopped
[15:42] {Threei} and if it can go up with huge rally, can't it go down with huge drop?
[15:42] {curtisweese} true
[15:43] {curtisweese} but stop loss gets rid of that
[15:43] {curtisweese} or minimizes it
[15:43] {dino} unless afterhours gap curtis, i've lived that pain
[15:43] {curtisweese} omg...that would suck
[15:43] {magoo} vad, is trading room gonna be up and running next week with dino and curtis off??
[15:43] {curtisweese} hahahaha
[15:44] {dino} yes magoo, just no capitulation or euphoria plays
[15:44] {Threei} nope
[15:44] {Threei} in fact, any of you takes day off, I use it as an excuse to close the doors for the day
[15:44] {dino} oh magoo,. room is in mexico next week, forgot to tell you
[15:44] {Threei} awwww dino
[15:45] {Threei} now he will come too
[15:45] {dino} lol
[15:45] {magoo} THAT DOES IT......................
[15:45] {Threei} uh oh
[15:45] {dino} i told him 16 were going
[15:45] * magoo slaps dino around a bit with a large trout
[15:45] * magoo slaps Threei around a bit with a large trout
[15:45] {magoo} ROFLOL
[15:45] {Threei} see? and you want him on the beach in Mexico? swinging stinkin fish?
[15:46] {dino} we'll send him a postcard, me curtis, vad on beach
[15:46] {curtisweese} i need to go buy some speedos.....hahah
[15:46] {Threei} curtis in speedos? I want different beach
[15:46] {magoo} dino wears those..not a pretty site
[15:47] {dino} not
[15:47] {dino} board shorts
[15:47] {curtisweese} what are we shorting?
[15:47] {dino} the indexes next week
[15:48] {dino} buy stock in cabo and corona
[15:49] {curtisweese} but not penecillan i hope
[15:49] {curtisweese} rally into close.....nice
[15:49] {dino} no, the wife will be w/me
[15:53] {dino} ouch enoc
[15:54] {Threei} too bad time is running olut... COIN break of .90 would be nice trade
[15:54] {Threei} OK guys, thank you all, have a good evening
[15:54] {magoo} ty boss, we trading tomorrow?
[15:55] {Threei} sorry about empty part of the day, it got nicely framed by two wins though
[15:55] {Threei} why not?
[15:55] {Threei} what's special about tomorrow?
[15:55] {magoo} dino says its office cinco de mayo
[15:55] {dino} on monday magoo
[15:56] {Threei} see you all tomorrow
[15:56] {curtisweese} bye :)
[15:56] {magoo} have nice vaca curtis
[15:56] {dino} take care all
[15:57] {curtisweese} thx....may your big trades be fruitful
[15:59] {dino} have fun curtis
[15:59] {curtisweese} see you all next week!
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