Thursday, March 6, 2008

Mar 06 2008

Session Time: Thu Mar 06 00:00:00 2008

[08:40] {cosmo} gee
[08:41] {cosmo} so.... it's not my fault after all?
[08:41] {Threei} no... not this time at least :)
[08:42] {cosmo} couldn't sleep
[08:42] {Threei} tempted as I am to make it your fault...
[08:43] {cosmo} Winsock error message for 10022?
[08:43] {Raven}
3 it is cosmo's fault that he did not read his e-mail in time ...
[08:44] {cosmo} what email?
[08:44] {Raven}
3 see?
[08:44] {Threei} it could be it hasn't reached him
[08:44] {Threei} we need to go over all e-mails in database and update them
[08:44] {Raven}
3 sigh
[08:45] {Raven}
3 actually, I did not get any e-mail either
[08:45] {cosmo} i had to beg
[08:45] {Raven}
3 but I had alt server in my server list
[08:45] {Threei} and we have reference to reserve server right on the webpage, in red letters
[08:45] {Threei} but who is reading :)
[08:46] {Raven}
3 hear that cosmo ... RED LETTERS
[08:46] {cosmo} checking
[08:46] {Threei} can you get to the homepage?
[08:47] {cosmo} http://www.realitytrader.com/index.html
[08:47] {cosmo} ?
[08:47] {Threei} yes
[08:47] {cosmo} don't see red
[08:47] {Threei} now, scroll down to list of products
[08:47] {Threei} click on Live Trading
[08:48] {Threei} to get to the trading room page
[08:48] {Threei} scroll down
[08:48] {Threei} till you see RED
[08:48] {cosmo} ah
[08:48] {magoo} THANX!!!!!!!!!!!!!!!!!!!!!!
[08:48] {Threei} welcome...
[08:48] {Threei} see? one more :)
[08:48] {magoo} i was using the period at end of yesterdays boss
[08:48] {magoo} 7044.
[08:49] {magoo} no worky
[08:49] {Threei} and RED LETTERS say: exactly as shown
[08:49] {Threei} spaces, slahes, periods, whole gamut
[08:49] {Raven}
3 R
[08:50] {Raven}
3 E
[08:50] {Raven}
3 D
[08:50] {Raven}
3 !
[08:50] {Threei} ye
[08:50] {Threei} s
[08:50] {Threei} dns is fixed, but it takes a little time for propagation
[08:50] {cosmo} i've heard that before...
[08:51] {Raven}
3 p r o p a g a t i o n !!!
[08:52] {cosmo} its a bureucratic term
[08:52] {cosmo} i think
[08:52] {Raven}
3 must be
[08:53] {cosmo} bureaucratic...that is
[08:53] {Threei} damn apparatchiks
[08:54] {magoo} i couldn't get in home page vad
[08:55] {Threei} hmmm... www.realitytrader.com no worky for you?
[08:56] {magoo} correct, just tried it here off your link
[08:57] {magoo} no work
[08:57] {Threei} fine here... anyone else?
[08:58] {cosmo} EXAS
[08:59] {Threei} I believe you arew a victim of propagation magoo... should fix itself
[08:59] {cosmo} # Colorectal Cancer Screening Guidelines Released by the American Cancer Society Include EXACT Sciences' Stool DNA TechnologyBusiness Wire(Thu 8:51am)
[08:59] {cosmo} exas
[08:59] {dptl} good morning all
[08:59] {tomg} gm all
[08:59] {Threei} dp, tom :)
[09:06] {bruce} that was a fancy trick yesterday vad
[09:06] {bruce} anything to get me out of your hair for a day
[09:06] {Threei} lol
[09:07] {Threei} sorry bruce... I tried my best
[09:07] * bruce slaps Threei around a bit with a large trout
[09:07] {bruce} yeah - I know tough break
[09:07] {bruce} thanx any way
[09:07] {Threei} but you'll have to agree - I can't keep focusing all my energy on magoo
[09:07] {Threei} sometimes I have to make someone's else life misrebale
[09:07] {esemde} Ok....good morning all.....log on problems again this morning vad.....used the same thing you gave me yesterday
[09:07] {Threei} hi ese
[09:08] {bruce} magoos in good shape - got all that beer to himslef for moment
[09:08] {GeoArb} good morning all
[09:08] {esemde} geo
[09:08] {Threei} yeah, dns propagation is underway
[09:08] {Threei} geo :)
[09:08] {bruce} hey geo
[09:08] {Threei} gotta see how exas trades
[09:08] {Threei} one of those that may consolidate for a while, then break and turn into runaway train
[09:09] {bruce} since I couldn't logt in - would imagnine yesterday was best in months
[09:09] {Threei} as tempted as I am to say "best day of my trading career"... it was ordinary :)
[09:09] {Threei} several nice winners, couple stops
[09:10] {Threei} positive on summary, nothing outstanding
[09:11] {bruce} k
[09:12] {Threei} but be aware
[09:12] {Threei} it took me considerable effort not to tease you, and just say the truth
[09:12] {magoo} news EXAS?
[09:12] {bruce} amazing self control this am vad
[09:13] {cosmo} # Colorectal Cancer Screening Guidelines Released by the American Cancer Society Include EXACT Sciences' Stool DNA TechnologyBusiness Wire(Thu 8:51am)
[09:13] {Threei} need to funnel somewhere urge to tease...
[09:13] {Threei} there:
[09:13] {Threei} dptl... calf you befriended this last Sunday said hello
[09:14] {cosmo} TDRA
[09:14] {cosmo} TSRA
[09:14] {cosmo} 15.80 so far
[09:15] {Threei} EXAS news not on all wires
[09:15] {Threei} I don't have it
[09:16] {dptl} :)
[09:16] {Threei} look at TMA
[09:18] {dptl} smsi news?
[09:19] {Threei} 08:39am [SMSI] Price Target lowered to $9 from $14 at Needham; Maintains buy rating
[09:19] {bruce} is the trin available to us through laser vad?
[09:19] {Threei} 03/05/08 04:05pm [SMSI] Reports Q4 $0.25 v $0.21e, R $20M v $20.6Me
[09:19] {dptl} ty
[09:20] {Threei} I don't see it in technical indocators bruce
[09:20] {bruce} k
[09:20] {bruce} I had it on my old platform
[09:20] {bruce} I noticed that somtimes it would get rangebound
[09:21] {bruce} and whenit broke to one side or other there would often bea bigmarket spike
[09:21] {dptl} try $trin
[09:21] {bruce} we seeing a lot of spikes lately mid day
[09:21] {Threei} hmmm... that should work
[09:21] {Threei} thanks dp
[09:22] {bruce} would be nice if we had some way to play them and see em coming
[09:22] {Threei} just don't take it as any kind of holy grail
[09:22] {bruce} thanks dp - works
[09:22] {bruce} course not
[09:22] {dptl} :)
[09:22] {bruce} no such thing in trading
[09:22] {Threei} bollinger bands tightening will give you rthe same indication of spike coming
[09:23] {Threei} CPST
[09:23] {Threei} RECEIVES ORDER FROM ITALIAN HYBRID ELECTRIC BUS MANUFACTURER-Co announced that it received an order for 15 microturbines to be deployed in 12 hybrid electric buses in the Abruzzi region of Italy and 3 for the Ministry of the Protection of the Environment.
[09:23] {Threei} am I allowed to say hahaha?
[09:24] {Threei} or only after I sell it for profit?
[09:24] {esemde} please now Vad......only after you sell for a profit.......
[09:25] {Threei} sigh... OK
[09:25] {Threei} morning of strict discipline and self-control for me it seems
[09:26] {esemde} some semblance of decorum now!!!
[09:26] {Threei} hehe
[09:26] {Threei} now, I just hope it wasn't a run on a leak before news
[09:26] {Threei} and it goes for real
[09:27] {esemde} big shares ASML going across tape
[09:27] {bruce} you're long it laready vad?
[09:27] {Threei} took it yeaterday for a swing bruce
[09:27] {bruce} k
[09:27] {Threei} 2.02
[09:27] {magoo} keep in mind EXAS is avail short.not that i want to
[09:28] {Threei} obviously a lot of people still can't log in
[09:28] {Threei} I just don't know what else I can do beyond e-mailing and posting reserve server on a website
[09:29] {Threei} short of personal visits to each trader of coirse
[09:30] {Threei} any kind of call on EXAS will be extremely risky... warning in advance
[09:30] {Threei} so I don't have to do it every time
[09:30] {magoo} CSIQ still partying
[09:32] {esemde} SMSI bstop 6.67
[09:32] {Threei} EXAS doesn't want to give us pullback?
[09:33] {bruce} nvda short setup vad?
[09:34] {Threei} not sure bruce... this is rather maarket preparing for another leg up
[09:35] {bruce} k
[09:35] {magoo} oh, btw.....................
[09:35] * magoo slaps bruce around a bit with a large trout
[09:35] {Threei} CSIQ this pullback if you are looking for long on it
[09:36] {magoo} .80 area?
[09:36] {bruce} thats the magoo I know
[09:36] {esemde} Hmmmmmm might go short SMSI
[09:36] {magoo} better as pullbk than breakout vad?
[09:36] {Threei} oh yeah
[09:37] {Threei} typical pullback stock, kills you on most breaks if you attempt for them
[09:37] {magoo} JOYG pushing up
[09:38] {magoo} craop..fast not in
[09:39] {bruce} no luck w trin dp -shows as daily - but no minute charts work
[09:40] {bruce} aapl breaking yesterdays high
[09:41] {magoo} EXAS pulls now..but could go lower
[09:42] {bruce} out aapl + .30 momo trade
[09:43] {esemde} Bstop SMSI invalidated 1min opening range below .40
[09:44] {Threei} CPST new 52 week high
[09:45] {bruce} you catch csiq mags? - was waiting at .70
[09:46] {magoo} no, scary..yesterday pulled back hard
[09:46] {magoo} but hey, it was a runner too
[09:47] {Threei} out first 2K at 2.20
[09:47] {bruce} got yu
[09:48] * magoo slaps Threei around a bit with a large trout
[09:48] {Threei} stop for the balance 1.99
[09:48] {magoo} god dam overniters he he
[09:48] {Threei} hey... what what that for... I honestly alerted
[09:48] {esemde} that would be a right on!! Vad...
[09:49] {Threei} [15:19] {Threei} I took some CPST at .02
[09:49] {Threei} [15:19] {Threei} stop .84
[09:49] {Threei} [15:19] {Threei} ready to hold overnight to see what this all is about
[09:51] {bruce} anik vad? trend looks good - nasty spread
[09:51] {magoo} are we down 72? laser off sometimes
[09:52] {bruce} nah - not enough volume - sorry
[09:52] {Threei} looks like mags
[09:53] {magoo} ty
[09:53] {Chaeron} hi all
[09:53] {Threei} chaeron :)
[09:53] {magoo} hey chaer
[09:54] {bruce} hey chaeron
[09:55] {bruce} cpst setting up for brak vad
[09:57] {Threei} EXAS doesn't really look like a runner... but still keeping an eye on it
[09:59] {Threei} JAN PENDING HOME SALES: 0.0% V -1.0%E
[10:01] {magoo} hard sell here
[10:01] {Threei} *Q4 MORTGAGE DELINQUENCIES: 5.82 %V PRIOR 5.59%
[10:01] {Threei} hard to imagine that's what caused selling
[10:01] {Threei} not exactly news
[10:02] {ThurstonHowellTheThird} gm all
[10:02] {Threei} hi THTT
[10:02] {magoo} and how is mrs. howell today?? lol
[10:02] {Chaeron} *&%%^%$... punched in TTHT looking for break of "hi"
[10:03] {ThurstonHowellTheThird} she's sleepin with Gilligan :(
[10:03] {magoo} and the skipper too
[10:03] {Threei} NVDA would have worked bruce...
[10:03] {Threei} I was wrong on it
[10:03] {bruce} lol - good one mags
[10:04] {bruce} yeah - watched it vad - you didn't have read down so thats OK
[10:04] {magoo} bruce,,see CSIQ?
[10:04] {magoo} careful with it
[10:05] {bruce} just checked it mags
[10:05] {bruce} tricky pos
[10:05] {bruce} we could try long on possible stenght
[10:05] {bruce} read on it vad?
[10:08] {bruce} l csiq .71
[10:08] {bruce} stop .50
[10:08] {magoo} man vad..down 120 and AAPL up
[10:09] {Threei} bruce, this is the right way to play it overall
[10:10] {Threei} exact entries on it are rarely possible to read
[10:10] {Threei} .50 break is probably buyable on AAPL magoo
[10:11] {Threei} with .25 as stop/invalidating level
[10:12] {Chaeron} niiiice
[10:12] {magoo} missed , went no fill
[10:12] {Threei} pulled back
[10:13] {Chaeron} same mags
[10:13] {magoo} i pulled trigger..no fill is all
[10:13] {Threei} it gave second chance after break, got to .48
[10:14] {bruce} exited csiq flat - don't like hesitation
[10:14] {Threei} third chance don't try
[10:14] {magoo} true,,but i figured that pop was your play, so cvanx order
[10:14] {Threei} if you went for second it;a fine
[10:14] {Threei} but third retest I don't like
[10:15] {magoo} cnbc AAPL
[10:15] {magoo} new product today
[10:15] {Threei} 1:1
[10:21] {Threei} EBAY long here
[10:21] {Threei} .81 - .82
[10:21] {Threei} stop .69
[10:22] {magoo} in
[10:23] {magoo} i like csiq here long...risjy
[10:23] {bruce} yeah - showing some strength now mags
[10:23] {bruce} if you
[10:23] {bruce} still in aapl nice win vad
[10:24] {Threei} let's tighten EBAY to .74
[10:24] {Threei} I'd expect bigger spike on that NQ run, prefer to be safe
[10:24] {Threei} you still holsing it bruce?
[10:25] {Threei} wow
[10:26] {bruce} no_ i missed it vad
[10:27] {Threei} oh :(
[10:33] {Threei} my plan for EBAY is to keep stop at .74 for now, to partial out at 1:1, trail stop to the level undetermined yet, see if we get real rally and EBAY over yesterday's high 27.13
[10:33] {Threei} aimm you made it :)
[10:33] {aimm} yes
[10:34] {aimm} thank you
[10:34] {Threei} always
[10:35] {magoo} u got full lot EBAY?
[10:35] {magoo} or DL?
[10:35] {Threei} watching this AAPL little pullback for stop level on .46 break
[10:35] {bruce} youyou in csiq mags?
[10:35] {GeoArb} whats the average full lot?
[10:35] {bruce} I'm thinking break orf 23
[10:35] {bruce} 50 k geo
[10:35] {magoo} yes, from earluier call..in .87
[10:35] {GeoArb} :)
[10:35] {bruce} k good entry
[10:35] {Threei} full mags, wanted double but changed my mind
[10:36] {Threei} dunno why
[10:36] {Threei} geo, that depends on one's risk tolerance
[10:36] {Threei} you'll find etailed instructions in MPP
[10:36] {GeoArb} ok... yeah hoping to get it in a few days
[10:37] {Threei} .20 support on AAPL guys
[10:38] {Threei} break of .50 should start next leg
[10:38] {GeoArb} just sent my funding and paperwork over
[10:39] {GeoArb} will do 100shares till i see some consistency
[10:42] {dptl} stopped ebay
[10:42] {Threei} yup
[10:42] {bruce} 20 support no longer valid for aapl vad
[10:42] {bruce} if we do .50 break we have a 50 stop
[10:42] {Threei} market drop took AAPL lower bruce, but AAPL actually held better than this drop would have one to expect
[10:43] {Threei} play strcture is likely to be different but idea is still there
[10:43] {Threei} I'll yell if/when it shapes up
[10:43] {Threei} glad we tightened EBAY
[10:43] {bruce} yes = it can definitely move higher - we just need to pick entry w small risk
[10:44] {Threei} would have hit initial stop anyway
[10:45] {bruce} we could try a pullback entry if it bounces near 126.8
[10:45] {bruce} any thoughts on that?
[10:45] {Threei} friking NQ spliked sharply
[10:45] {Threei} I was more tuned into .50 support
[10:46] {GeoArb} vad do you get your nq data through laser too?
[10:46] {Threei} but wolves decided otherwise
[10:46] {Threei} yes geo but NQ is separate pay
[10:46] {GeoArb} yeah
[10:46] {Threei} I'd advise to use free proxy for now
[10:46] {Threei} don't spend more than you have to
[10:46] {bruce} k thanx vad
[10:46] {GeoArb} cme emini sub
[10:46] {Threei} $NDX, QQQQ
[10:47] {GeoArb} i get it for free through thinkorswim
[10:47] {Threei} they all will work good enough as a proxy
[10:47] {GeoArb} just need to open diff platform
[10:47] {bruce} csiq triggered then faded- starting to look like short to me mags
[10:48] {magoo} tough one bruce
[10:48] {bruce} yes - coin flip time
[10:49] {bruce} I dumped -.15 waiting to see what happens now
[10:49] {Threei} AAPL .10 long if holding above .85
[10:51] {Threei} 2 cents shy of 1:1? come on...
[10:54] {dptl} cpst at .23?
[10:54] {Threei} as a new entry?
[10:54] {bruce} in aapl .99 out .20
[10:54] {dptl} yes
[10:54] {Threei} with .14 stop...
[10:55] {Threei} hard to tell what chance of working it has
[10:55] {magoo} waiting .38 aapl
[10:55] {Threei} stop .89 AAPL
[10:55] {dptl} ok ty
[10:57] {Threei} I am trailing my balance to 2.09
[10:58] {Threei} out half AAPL
[10:58] {Threei} greed gets better of me
[10:58] {Threei} stop .99
[11:00] {Threei} AAPL, would you break that .50 for me please?
[11:00] {Threei} {AAPL} do I know you?
[11:00] {magoo} just say please
[11:01] {Threei} see, it's not that bad when you talk to stocks... it's when they start talking back to you that is troublesome...
[11:01] {Threei} CPST, my little beauty
[11:02] {bruce} they talk to me all the time vad
[11:03] {Threei} luckily however dialogs with stocks is a whole extent of my torubles so far... ain't seen no little green men
[11:03] {bruce} usually its something like - There tricked you again!
[11:03] {GeoArb} curious.....did you find cpst on the scanner?
[11:03] {Threei} yesterday, yes
[11:03] {GeoArb} ok
[11:03] {Threei} as it hit 52 week highs
[11:04] {Threei} Ok AAPL { i goty
[11:04] {Threei} greed is not rewarded today
[11:05] {Threei} anyway, +.30 on first haf and -.12 on second - I can live with it
[11:05] {magoo} stopped CSIQ .80
[11:07] {Threei} dfirst sign of strength in NQ, AAPL is a scalp long
[11:07] {Threei} gotta be frikin fast
[11:09] {Threei} anyone managed to get it in .70s?
[11:09] {Threei} don'r chase and don't oversit
[11:09] {Chaeron} no and I won't
[11:09] {bruce} no - wanted it closer to .50
[11:12] {bruce} notmuch bounce to aapl
[11:13] {Threei} just a scalp if enter in .70, then NQ drops again
[11:13] {Threei} I'd leave it alone for now, too fast
[11:14] {Threei} .49 short
[11:14] {Threei} .65 stop
[11:15] {Threei} 1:1 and more
[11:17] {Threei} second exit chance AAPL if missed first time
[11:18] {Threei} don't oversit, bounce will be violent
[11:19] {magoo} wheres the aapl long truigger
[11:19] {Threei} none
[11:19] {Threei} not at the moment
[11:20] {magoo} i want to profit off that violewnt bounce
[11:20] {bruce} looks like it can still drop mags
[11:21] {Threei} it's up over 30 cents from low... you want more violence? :)
[11:22] {bruce} you planning to put those boots to workvad?
[11:23] {Threei} on what?
[11:23] {Threei} give me stock, I'll see :)
[11:23] {bruce} lol
[11:24] {bruce} big rimm retrace
[11:24] {bruce} any thoughts on long try?
[11:24] {Threei} let me observe it a little
[11:24] {Threei} there is some disconnect in hiow it trades
[11:25] {Threei} need to get5 a feel what it's about
[11:25] {bruce} we missed the bounce
[11:25] {bruce} worth watching though
[11:28] {magoo} i see COIN back at it
[11:29] {Threei} and lum hinted I was crazy when I liked it under 14
[11:29] {magoo} vad, what are your thoughts wuith mkt here...as in..wants to go gfreen today or crash?
[11:30] {Threei} OK, RIMM .15 long if stays above .85
[11:30] {Threei} nice try magoo
[11:30] {magoo} DL?
[11:30] {Threei} triple
[11:30] {Threei} in fact, sell the farm
[11:30] {Threei} and family
[11:30] {Threei} and go in full margin
[11:30] {Threei} loan from neighbours too
[11:31] {magoo} in, wife kids everything
[11:31] {Chaeron} in,
[11:34] {bruce} .85 isour stop in rimm?
[11:34] {Threei} initial, yes
[11:34] {Threei} trailing is discretionary here
[11:34] {Chaeron} got those boots on for this one Vad?
[11:34] {Threei} nope
[11:34] {Threei} it kicks back
[11:35] {Chaeron} never been scared before.... :)
[11:36] {Threei} ok NQ, break 1759 please
[11:37] {Threei} 1:1 RIMM
[11:37] {Threei} your choice
[11:37] {Threei} scalp or half
[11:37] {Chaeron} 1/2 at .36
[11:38] {magoo} out here .51
[11:38] {magoo} full
[11:38] {Threei} out .65
[11:38] {magoo} RATS
[11:38] {Chaeron} .63
[11:38] {magoo} nice
[11:39] {Chaeron} and happy... many thanks Threei
[11:39] {magoo} AAPL vad??
[11:39] {bruce} out rimm +.46 - thanx vadster!
[11:39] {Threei} welcome chaeron
[11:39] {Threei} bruce :)
[11:39] {bruce} nice un
[11:39] {magoo} TY BOSS, i was in .08
[11:39] {magoo} can't figure it out
[11:39] {magoo} up tho
[11:39] {bruce} even if was less than .50 win
[11:39] {Threei} when they work, they work... when they don't we keep stops tight
[11:39] {GeoArb} really nice
[11:40] {Chaeron} RIMM +.20 and +.47. sweet
[11:40] {GeoArb} I need to call up the postoffice demanding my videos
[11:40] {GeoArb} :)
[11:40] {magoo} figure mine chaer
[11:40] {Threei} do that consistently, don't watch your P?L while in trade, trade off chart - you will be amazed how they add up
[11:40] {magoo} thats my point'
[11:40] {magoo} in 08, out .51
[11:40] {bruce} you got mags sending you videos geo?
[11:40] {Threei} you checked by tracking number, geo?
[11:40] {GeoArb} yes
[11:40] {magoo} uh, um.,,,carrty the 3...ujh.
[11:41] {bruce} don't let wife see them
[11:41] {GeoArb} doesnt say anything beyond processing at richmond
[11:41] {Chaeron} .43 mags :)
[11:41] {GeoArb} seems doesnt track usa
[11:41] {Chaeron} +0.43
[11:41] {magoo} how u figure?? LOL
[11:41] {Chaeron} .51 - .08 = .43
[11:41] {Chaeron} *sigh*
[11:42] {Threei} RIMM, long here with .25 stop
[11:42] {Threei} so so trade
[11:42] {Threei} but risk is so small
[11:42] {Threei} it pulled back into support too neatly to ignore
[11:49] {magoo} hit one..miss one today
[11:50] {magoo} can't stay up
[11:51] {ThurstonHowellTheThird} sound like my sex life :(
[11:51] {Threei} a bit more information than we cared for
[11:51] {magoo} oh..that xplains gilligan and skipper too
[11:51] {Threei} rofl
[11:51] * Threei slaps magoo around a bit with a large trout
[11:51] {bruce} sory thurston - god hing you got gilligan for help
[11:52] {ThurstonHowellTheThird} lol
[11:52] {Threei} meanies
[11:52] * Laserdave1 slaps magoo around a bit with a large trout
[11:52] {Threei} and bullies
[11:53] {bruce} bullies - thats your job with them big boots vadster
[11:54] {Threei} RIMM short with stop above 101
[11:54] {Threei} ugh
[11:54] {Threei} downticked quickly
[11:54] {Threei} OK, back into safe zone
[11:54] {magoo} 102 boss
[11:54] {Threei} yeah
[11:55] {Threei} got .92
[11:55] {magoo} if naz powers up
[11:55] {Threei} then it won't work
[11:55] {magoo} entry u got
[11:55] {Threei} [11:55] {Threei} got .92
[11:56] {Threei} 10 cents stop? {shrug}
[11:56] {magoo} oops sorry, was looking at porn
[11:56] {Threei} 1;1 btw
[11:56] {Threei} of course you were
[11:56] {Chaeron} that's a given
[11:56] {Threei} hmmm
[11:56] {Threei} not going up with NQ spike
[11:57] {Threei} if works, I may try to partial and hold onto half
[11:57] {Threei} if it loses .50 should be good
[11:57] {Threei} half out
[11:58] {Threei} .70, over 1:2
[11:58] {Threei} same stop
[11:59] {Chaeron} Moscow has overtaken New York City as home to the most billionaires, according to Forbes magazine, with 74 of the super-rich elite now counting the Russian capital as their home.
[11:59] {bruce} wow - never would have guessed that chaeron
[12:00] {Threei} EXAS, break of .40 half lot long, stop under .20 - only for adrenalin deprived
[12:01] {Threei} out RIMM in full +.50
[12:02] {Threei} what, no takers?
[12:02] {Chaeron} missed
[12:02] {Threei} come on guys... 10 cents stop, second chance for entry
[12:02] {bruce} missed it vad - offered at .95
[12:02] {Threei} do they get any better than that?
[12:02] {magoo} i did
[12:02] {Threei} why offer bruce?
[12:02] {Threei} why not hit the bid?
[12:02] {magoo} but out too early .65
[12:02] {magoo} ty
[12:02] {Threei} 2-3 cents difference
[12:03] {Threei} immaterial for a stock like RIMM
[12:03] {magoo} [12:02] {magoo} i did
[12:03] {bruce} probably should have on that play - aways try to keep stops as small as possible
[12:03] {magoo} 12:02] {magoo} but out too early .65
[12:03] {Threei} thank you magoo
[12:04] {magoo} i always go whica if u remind me
[12:04] {magoo} so u know u not wasting your efforts
[12:04] {Threei} good to know
[12:05] {magoo} but like i was saying other day.for instance.i may get going onto others and forget your exas call
[12:06] {magoo} if u quickly put in room when u going i would appreciate
[12:06] {bruce} \vad- aapl long here?
[12:06] {Threei} nah
[12:06] {Threei} bounce on low volume right into resistance
[12:06] {Threei} if anything it's a short
[12:09] {magoo} in out
[12:09] {magoo} no kidding
[12:09] {magoo} sh aapl 126
[12:09] {magoo} coverd .83
[12:09] {Threei} why not
[12:09] {magoo} off vads
[12:09] {magoo} [12:06] {Threei} if anything it's a shor
[12:09] {Threei} easy money
[12:09] {magoo} EASY button
[12:10] {magoo} but sigh.no one here to hear it
[12:10] {magoo} if an easy button goes off in an office with noone there.......does it make a sound}???
[12:10] {patience} you missing dino, magoo?
[12:11] {magoo} yeah.all the beers gone..his responncibilkity to keep fridge stocked
[12:11] {magoo} mine to empty it
[12:11] {patience} well, you've done your duty then
[12:12] {patience} just have some beer delivered in dino's absence and charger it to him. seems fair
[12:12] {Threei} AAPL's death was fast and horrible
[12:13] {magoo} scalpers regrett
[12:13] {Threei} RIMM did exactly same thing, bounced into resistance on low volume... but I was hesitant to go to the same well too many times
[12:13] {Threei} (idiot)
[12:14] {Threei} nearest resistance is .20 RIMM
[12:15] {Threei} sewe if it can get close to it for a tight stop on lower volume, then NQ drop pulls rug from under it again
[12:17] {bruce} looks like q's bounced here yesterday vad
[12:17] {bruce} may take a couple tires before another break works
[12:18] {magoo} sue herrarra looks like mrs santa clause today
[12:18] {GeoArb} AP: The Fed says Americans' percentage of equity in their homes has fallen below 50 percent for the first time on record since 1945.
[12:19] {Threei} ABK BANKS HAVE MADE FIRM COMMITMENT TO BACKSTOP MORE THAN HALF OF THE ABK OFFERING - WIRE CITES SOURCE
[12:21] {bruce} rimm closing in on .20
[12:22] {Threei} hmmm
[12:22] {Threei} it went a bit too low last time around
[12:22] {bruce} we're waiting for weakenss to short?
[12:22] {Threei} not sure setup is still valid after that long
[12:22] {bruce} k- I'm a bit nervous aboutshort now
[12:22] {Threei} don't know bruce, it's completely different situation now
[12:23] {GeoArb} i am off to work.... good trading to all
[12:23] {Threei} look at the chart at the moment of alert, cover this last spike with sheet of paper
[12:23] {Threei} you'll see clean bear flag
[12:23] {Threei} but if you take that cover away, it's a very different chart now
[12:25] {magoo} bye Geo
[12:26] {bruce} I thought bear flag was sharp drop w a trangle type formation - I don't see that
[12:26] {bruce} do see the steady down trend though prior to this retrace
[12:26] {Threei} flag is retracement
[12:27] {Threei} 12:12 - 12:16 is a flag
[12:27] {bruce} k- got you - in that case we should haveseen weakenss at .20
[12:27] {bruce} deifinitley diferent story now
[12:33] {bruce} q's huging lows again
[12:39] {Threei} feels more like bounce coimng this time
[12:39] {Threei} RIMM probably worth a tgry, very close to support
[12:39] {magoo} say whjen
[12:39] {Threei} in
[12:39] {Threei} stop .90 or so
[12:39] {Chaeron} in
[12:40] {magoo} in
[12:40] {Threei} come on NQ jump
[12:40] {magoo} short right?
[12:40] {Threei} RIMM crossback over 101 should be it
[12:41] {Threei} hmm?
[12:41] {Threei} what short
[12:41] {Threei} [12:39] {Threei} feels more like bounce coimng this time
[12:41] {Threei} but hey... if you are short, we are hedged
[12:41] {Threei} one of us will make money
[12:41] {Chaeron} I'm long
[12:41] {magoo} im long
[12:42] {Threei} NQ higher low... work you lazy donkey
[12:42] {Threei} good boy, now break 1740
[12:43] {Threei} 1:1 btw, lol
[12:43] {magoo} waiting .27
[12:43] {Threei} half out +.16
[12:43] {magoo} out
[12:43] {magoo} TY
[12:44] {magoo} EASY buttom
[12:44] {Threei} out in full .40
[12:44] {Threei} +.36
[12:44] {bruce} out rimm +.25
[12:44] {bruce} thanx vad
[12:44] {magoo} NICE
[12:44] {Threei} was that easiest trade ever on RIMM or what
[12:44] {magoo} + .27
[12:44] {bruce} should have held for a bit more
[12:44] {Threei} welcome guys
[12:44] {Chaeron} out RIMM +.34
[12:44] {Chaeron} thank you again Threei
[12:44] {Threei} welcome sir
[12:44] {magoo} and look at your room response vad
[12:44] {Threei} ah finally someone follows
[12:44] {magoo} should make u feel proud
[12:45] {magoo} followed and exited like precision soldiers
[12:45] {Threei} wait for me, I need to go to the mirror and pat myself on the back
[12:45] {Threei} oops... dislocated shoulder
[12:46] {bruce} had q's level 2 up - intersting to see rimm powe up same time pressure moved to buy side on q's
[12:46] {Threei} now magoo... next post may p*ss you off
[12:46] {Threei} but here goes:
[12:46] {Threei} EXAS almost at 1:1
[12:46] {magoo} GOD DAMMIT
[12:46] {magoo} IT DOES
[12:46] {Threei} LOL
[12:46] {Threei} I knew it
[12:46] {magoo} u F'er
[12:47] {magoo} WHY CAN"T u giver me heads
[12:47] {magoo} UP
[12:47] {bruce} lucky for you mags is beingpolite - gentleman that he is
[12:48] {Threei} what else is new {G}
[12:48] {magoo} [12:05] {magoo} but like i was saying other day.for instance.i may get going onto others and forget your exas call
[12:48] {magoo} [12:06] {magoo} if u quickly put in room when u going i would appreciate
[12:48] {magoo} no problem here..but did miss it
[12:49] {magoo} gggrrrrrrr
[12:49] {magoo} i think vad now is getting a enjoymt out of me missing them
[12:49] {Threei} WHITE HOUSE: NOT A LOT BUSH CAN DO ABOUT OIL PRICES IF OPEC WILL NOT BOOST OUTPUT
[12:49] {bruce} yhat was nice - but small bounce in rimm vad
[12:49] {Chaeron} how many hands and keyboards do you think 3i has? LOL
[12:49] {bruce} any thoughts on a short - looks like market may breakdown
[12:49] {magoo} 3
[12:50] {Threei} I am not magoo
[12:50] {magoo} did u get exas bruce, chaer??
[12:50] {Threei} but let's keep labor ceparation
[12:50] {Threei} you don't want my workload
[12:50] {Threei} just to give you an idea:
[12:51] {Threei} how many charts do tyou think I look at from scanner alerts to come up with one call?
[12:51] {magoo} no, u doing great job..REALLY...i just miss one of themn every day while i am occuppied in my spelling class
[12:51] {bruce} no mags - say it again too late - had passed trigger
[12:51] {Threei} less porn may help...
[12:51] {bruce} was pretty sure vad would tease you with it
[12:52] {bruce} you're on fire today vad
[12:52] {Threei} just highlighted how call goes... magoo-teaser was but a bonus
[12:52] {magoo} ahhhhhhh..but must u enjoy it ssssssoooooo ......soooooooo much?
[12:53] {Threei} generally, I don't do things I don't enjoy... :)
[12:53] {Threei} if you watched that videointerview of mine, I touched on that at the end
[12:53] {Threei} when asked why I bother with speaking gigs, writing books etc
[12:54] {Threei} sooo... who didn't watch it, that's your homeqwork assignment for after market today
[12:55] {bruce} selloff here vad?
[12:55] {magoo} i missed it
[12:55] {Threei} tough one bruce... more likely than not but not enough conviction for me
[12:55] {Threei} missed what mags?
[12:55] {magoo} video?
[12:55] {Threei} right on the homepage
[12:56] {Threei} it's a long one, about 45 minutes I think... so leave it for aftermarket unless you intend to refrain from trading nearest hour
[13:01] {dptl} ah.. out exas +.13 ty
[13:01] {Threei} welcome... paying attention pays off :)
[13:03] {magoo} that does it...............................................
[13:03] * magoo slaps Threei around a bit with a large trout
[13:03] * magoo slaps dptl around a bit with a large trout
[13:03] * magoo slaps Laserdave1 around a bit with a large trout
[13:03] * magoo slaps esemde around a bit with a large trout
[13:03] * magoo slaps cosmo around a bit with a large trout
[13:03] * magoo slaps Chaeron around a bit with a large trout
[13:03] * magoo slaps bruce around a bit with a large trout
[13:03] * magoo slaps aimm around a bit with a large trout
[13:03] * magoo slaps Raven around a bit with a large trout
[13:03] * magoo slaps tomg around a bit with a large trout
[13:03] {Threei} ah, that was worth it
[13:03] * magoo slaps ThurstonHowellTheThird around a bit with a large trout
[13:04] {Threei} there was no single moment of it that wouldn't be fun
[13:05] {Threei} watching RIMM for long
[13:05] * bruce slaps magoo around a bit with a large trout
[13:05] * bruce slaps magoo around a bit with a large trout
[13:05] {bruce} again
[13:05] * bruce slaps magoo around a bit with a large trout
[13:06] {Threei} in
[13:06] {bruce} a third time
[13:06] {Threei} stop .39
[13:06] {bruce} for good luck
[13:06] {magoo} in
[13:07] {Threei} half out +.20
[13:07] {Threei} stop .49
[13:08] {magoo} out .78 TY, + .21
[13:08] {Threei} :)
[13:08] {bruce} out rimm +.12
[13:09] {Threei} out balance
[13:10] {Threei} greed has no place during lunchtime
[13:10] {Threei} wow
[13:10] {Threei} that's one mean move
[13:10] {bruce} actually vad - it's exactly what I expected
[13:11] {Threei} why no short then?
[13:11] {bruce} final break after playing around and a 1 buck move
[13:11] {esemde} Done alot of watchin this mornin and not much doin.......but I must bid you all adeux....see ya tomorrow
[13:11] {Threei} take care ese
[13:11] {bruce} don't trust my reads vad
[13:11] {bruce} prefer when they align w yours
[13:12] {Threei} ohhhhh
[13:12] {Threei} that's new related
[13:12] {bruce} we've been seeing a lot of these moves though
[13:12] {bruce} big spikews up and down
[13:12] {Threei} sh*t.. I should have read this more carefully:
[13:12] {bruce} rying to figure out how to anticipate them
[13:12] {Threei} EXECUTIVES: NEW IPHONE TO SUPPORT MSFT EXCHANGE SUPPORT FOR BUSINESS EMAIL - APPLE SDK EVENT
- Q4 Puts iPhone as 28% of smartphone market, 71% of US browser market
[13:12] {Threei} - CEO of CRM says salesforce.com will be one of four applications to be demonstrated on the iPhone {
[13:12] {bruce} we can make good coin
[13:13] {Threei} that's what is killing RIMM
[13:14] {bruce} k
[13:14] {bruce} I'm seeing aapl didn't follow
[13:14] {Threei} exactly
[13:14] {Threei} it's not market=related move, it's RIMM sopecific
[13:14] {Threei} case where news makes a stock independent
[13:15] {bruce} yep
[13:15] {Threei} and since it was news about AAPL, took market a few to decode what it means for RIMM
[13:15] {magoo} RIMM had a violent falloff yesterday too..i know..i tried to catch it twice..hands in bandages
[13:15] {magoo} typing w/tongue
[13:16] {bruce} thoughts on rimm bounce here ?
[13:16] {bruce} you played it great yesterday mags
[13:16] {bruce} nice 60 or 790 c move end of day for you
[13:16] {Threei} don't know... shock like this throws off normal patterns
[13:17] {magoo} yeah..but i had posted my 2 misses also..not specifics..but mentioned that it got me twice on fall
[13:17] {bruce} k - am thinking .50 will hold - but we can see if nice bottom forms
[13:18] {magoo} my best call yesterday was when i took csiq long and said holding to 23 atr 2;30 pm
[13:19] {magoo} vad knew of it, like .65 cents
[13:19] {magoo} then reloaded it to the bell and got 22.11
[13:19] {bruce} k- small potatoes for you then mags
[13:19] {magoo} at the bell, filling while dinging
[13:20] {Threei} RIMM is trying for double bottom
[13:20] {Threei} or breakdown
[13:20] {magoo} nmo, not that..just saying..i think i had a real good feel on csiq yesterday
[13:20] {Threei} make your pick
[13:20] {magoo} better than my others..
[13:21] {Threei} 50/50 here chance wise
[13:21] {Threei} so it's a matter of tight stop
[13:21] {magoo} let naz go up if long firsty
[13:21] {magoo} naz still rolling
[13:22] {Threei} RIMM chose breakdown
[13:22] {Threei} helped by NQ
[13:22] {bruce} yep
[13:22] {bruce} aapl should follow this time
[13:22] {Threei} meanwhile all is good in EXAS kingdom
[13:23] {Threei} oblivious to the world
[13:24] {bruce} yeah - just keep rubbing it in vad
[13:24] {bruce} vadsters got 30 k of it
[13:24] {Threei} just 2
[13:24] {bruce} thats a half lotgeo
[13:24] {Threei} and 1 is off the table
[13:24] {Threei} offering another at .85
[13:24] {magoo} your pushing your luck lil man..... {soup nazi}
[13:25] {bruce} watch out for them boots mags
[13:26] {bruce} beauty selloffs in aapl and rimm
[13:26] {Threei} someone yelled fire in the cinema?
[13:27] {Threei} exit doors are really crowded
[13:28] {magoo} naz bounce
[13:29] {magoo} wow..not much of a bounce
[13:29] {bruce} q's still selling off mags
[13:29] {magoo} we did a green bar
[13:29] {magoo} but sheesh
[13:29] {bruce} best to wait for any long tries
[13:37] {dptl} yhoo?
[13:47] {bruce} possible longplay in aapl here
[13:47] {bruce} any read vad?
[13:48] {magoo} man..can't believe i missed that 2 point bounce..a tenant came in 2 pay me rent
[13:48] {bruce} you talking rimm mags?
[13:49] {Threei} not sure bruce
[13:49] {bruce} k- thanx vad
[13:49] {Threei} kind of "up rather than down but exact play is vague"
[13:50] {bruce} I was thinking .70 break with stop to .45
[13:50] {bruce} a bit bigger stop than I'd have liked
[13:50] {bruce} too late now anyway
[13:53] {bruce} taking break
[14:18] {magoo} .
[14:18] {magoo} back
[14:19] {Threei} you left?
[14:19] {magoo} yeah
[14:34] {magoo} back
[14:34] {magoo} yeah, again
[14:38] {bruce} we have double bottom in rimm now if .35 holds
[14:38] {bruce} in out
[14:38] {bruce} in out
[14:38] {bruce} magoo in he box
[14:40] {dptl} fri..ng yhoo out +.15
[14:41] {Threei} lol... why the long face
[14:41] {bruce} nice dp- whats wrng w that?
[14:41] {dptl} took 40 min
[14:42] {dptl} maan got out .97 ..98 hod lol
[14:42] {bruce} feel better now?
[14:42] {Threei} what's with FINL
[14:42] {dptl} lucky as Dino would say
[14:48] {cosmo} FINL not done...
[14:49] {GeoArb} i am curious .... does dino post on elite?
[14:49] {GeoArb} there isa dinoman there
[14:51] {ThurstonHowellTheThird} boredom trade long 100 share FINL 4.32
[14:52] {ThurstonHowellTheThird} stop 4.30
[14:52] {bruce} totally missed rimm retracement long - nearly a buck mags
[14:52] {ThurstonHowellTheThird} target infinity
[14:52] {Threei} coin...
[14:52] {Threei} 17
[14:52] {Threei} sigh
[14:53] {bruce} 17 a longcall in coin vad?
[14:54] {Threei} nah
[14:54] {Threei} just crying
[14:54] {bruce} k
[14:54] {dptl} what is coinw?
[14:55] {Threei} warrants of COIN
[14:55] {Threei} COINW and COINZ
[14:55] {dptl} and whot is warrants?
[14:55] {Chaeron} rights to buy common
[14:56] {dptl} oo i see ty
[14:56] {ThurstonHowellTheThird} Is it like OPtions?
[14:56] {Chaeron} yes... expirations and decay not the same
[14:56] {bruce} any read for rimm bounce off 99 even support vad?
[14:57] {cosmo} more like a convertable bond...right?
[14:57] {Chaeron} kinda
[14:57] {cosmo} k
[14:57] {ThurstonHowellTheThird} hmmmm.... interesting Thnx
[14:57] {Threei} if comes closer to it bruce
[14:57] {Threei} a bit too far for my taste
[14:58] {Threei} you saw our best plays today, they all were with very peecise entries so close to support/resistance that stops were negligible
[14:58] {bruce} you mean now at .23?
[14:58] {Threei} I mean at .23 it's too far from 99
[14:59] {magoo} but be aware..if mkt wwants to spike up hard last hour, rimm and aapl could go
[14:59] {bruce} agreed
[14:59] {bruce} just a heads up
[14:59] {magoo} but if crashes..they will fall
[14:59] {bruce} personally wouldn't beintersted unless itdrop more
[15:00] {Threei} from here with clear NQ bounce
[15:00] {bruce} you got it
[15:01] {magoo} no bounce yet
[15:01] {magoo} no
[15:01] {magoo} if qqqq rolls its a short bruce
[15:03] {bruce} thanx for warning mags
[15:04] {bruce} didnd't see the support and scratched the long
[15:04] {magoo} i should have shorted it.dammit
[15:10] {bruce} breakdownagain looks like but stop is pretty ridiculous
[15:15] {magoo} i feel a wicked spike coming....but what do i know
[15:15] {magoo} just been ha[ppening alot
[15:16] {magoo} short too easy
[15:18] {Threei} guys, thosw who couldn't reach homepage earlier today, could you check again please?
[15:19] {magoo} got it
[15:20] {Threei} propagation goes well then
[15:20] {Threei} whatever it is
[15:21] {magoo} 15:15] {magoo} i feel a wicked spike coming....but what do i know
[15:21] {magoo} [15:15] {magoo} just been ha[ppening alot
[15:21] {magoo} [15:16] {magoo} short too easy
[15:21] {magoo} [15:18] {Threei} guys, thosw who
[15:22] * Chaeron slaps magoo around a bit with a large trout
[15:25] {Threei} pop quiz
[15:25] {Threei} "I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a money aristocracy that has set the government at defiance. This issuing power should be taken from the banks and restored to the people to whom it properly belongs. If the American people ever allow private banks to control the issue of currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property
[15:25] {Threei} until their children will wake up homeless on the continent their fathers conquered. I hope we shall crush in its birth the aristocracy of the moneyed corporations which already dare to challenge our Government to a trial of strength and bid defiance to the laws of our country"
[15:25] {patience} i know i know i know
[15:25] {Threei} lol
[15:26] {Threei} when was it said?
[15:26] {patience} when was u.s. put together?
[15:26] {Threei} no idea... for us former USSR residnets life on the planet began in 1917
[15:27] {Threei} Thomas Jefferson, 1791
[15:27] {patience} hah, on the tip of my tongue
[15:27] {patience} the date,. not jefferson
[15:28] {patience} sorry....i'm bored
[15:28] {patience} back to my corner
[15:28] {Threei} :)
[15:28] {bruce} rimm starting to look like potential long
[15:28] {Threei} 99 break?
[15:28] {magoo} sheesh
[15:28] {magoo} too fast
[15:28] {Threei} time to sell, lol
[15:29] {bruce} damn you rimm - missed you again
[15:29] {magoo} WHAT about magoos prediction???
[15:29] {magoo} not one commenty
[15:29] {Threei} btw guys, I just noticed... where is magoo?
[15:29] {Threei} anyone seen him lately?
[15:30] * bruce slaps magoo around a bit with a large trout
[15:30] {bruce} there - can smell him now
[15:30] {Threei} RIMM back into support
[15:31] {Threei} you believe in it, get it
[15:31] {bruce} yuppers - long at 98 you think?
[15:31] {magoo} level 2 getting fast on it
[15:31] {Threei} 98?
[15:32] {Threei} in, stop under .80
[15:33] {Threei} out
[15:33] {Threei} -9 cents
[15:33] {bruce} stopped -20 c rimm
[15:35] {Threei} one more leg down probably
[15:36] {bruce} hard to know vad - it keeps trying to beak w smaller and smaller bounces
[15:37] {Threei} just waiting for NQ to show bounce
[15:37] {bruce} really nice job keep that last stop to 10c
[15:38] {bruce} hard to do in rimm
[15:39] {Threei} missed .40 entry
[15:39] {Threei} no clear indication
[15:40] {bruce} yeah - not sure longor short here
[15:40] {Threei} at least until it's too late, lol
[15:40] {bruce} waiting for setup
[15:40] {bruce} keep seeing them but ranges are too big
[15:42] {magoo} look at the chart again vad...drunken donkey
[15:42] {magoo} although it seems we read it better today
[15:43] {Threei} it was quite readable before news hit, out of read for a while after news, then somewhat readable again
[15:44] {bruce} well if you drink like a donkey you can think and act like one too mags
[15:44] {magoo} bruce, vad always has to get the last word he he {just kidding}
[15:44] {Threei} true mags, that why I usually say something just before shooting
[15:44] {magoo} oh oh
[15:45] * bruce slaps magoo around a bit with a large trout
[15:45] {Threei} surefire (pun intended) way to have the last word
[15:45] * bruce slaps Threei around a bit with a large trout
[15:45] * Chaeron slaps magoo around a bit with a large trout
[15:45] {bruce} slapped the gun right outa its holster
[15:46] {bruce} say mags - vad - you realize how hard we have to work to keep patience entertained?
[15:46] {Threei} real gentlemen
[15:46] {magoo} in the bedroom bruce??
[15:47] {bruce} genteel too
[15:47] {Threei} especially magoo
[15:47] {bruce} dare we bring poor thruston into this again?
[15:47] * magoo slaps ThurstonHowellTheThird around a bit with a large trout
[15:47] {Threei} as long as you don't forgte there are two ladies in the room
[15:47] {bruce} speaking of bedroom
[15:47] {bruce} your wife says you snore mags
[15:48] {magoo} how would she know??
[15:48] {magoo} she makes me sleep downstairs
[15:48] {Threei} if not so close to the eod, BRKR would be bounce play of 14 support
[15:48] {bruce} oh
[15:49] {bruce} thats what the basement cot is for
[15:49] {bruce} I thought she had you sleeping outside
[15:49] {bruce} good point vad
[15:49] {bruce} calling it a day
[15:50] * ThurstonHowellTheThird slaps magoo around a bit with a large trout
[15:50] {ThurstonHowellTheThird} I just noticed
[15:50] {ThurstonHowellTheThird} sounds like all hell broke losse in here
[15:51] {Threei} well
[15:51] {Threei} magoo is here
[15:51] {Threei} so you are not that far from truth
[15:51] {magoo} back
[15:51] {Threei} lol
[15:51] {magoo} again again
[15:51] {Threei} BRKR beautiful... right off support
[15:52] {bruce} you got a bladder issue today mags?
[15:52] {Threei} too bad it's so late in the day
[15:52] {ThurstonHowellTheThird} I had a good day today only one loser with no real trading in the afternoon
[15:52] {Threei} good to hear THTT
[15:52] {Chaeron} many more THTT
[15:52] {ThurstonHowellTheThird} sounds good to me
[15:53] {magoo} beer runs bruce
[15:53] {Threei} FINL is one idiotic stock here
[15:54] {Threei} what was that drop to .20 about, just to bounce all the way back and proceed to new highs
[15:54] {bruce} lol - glad you got the truck to make a delivery afer all
[15:54] {magoo} i had good day...BUT..i know vad not gonna like this...but can't shake feeling we missed ALOT of short money toiday
[15:54] {Threei} want little experiement?
[15:55] {ThurstonHowellTheThird} sure
[15:55] {bruce} aapl sells off agan
[15:55] {Threei} tomorrow or whenever, when you get this feeling that there is easy money we leave on the table, go ahead and trade with your feeling
[15:55] {Threei} just keep it to 100 shares
[15:55] {Threei} at the end of the day break trades by two columns
[15:55] {Threei} ones we got here
[15:56] {magoo} hes mad
[15:56] {ThurstonHowellTheThird} lol; I tried that before...I think we know what the outcome will be
[15:56] {Threei} and ones provoked by that feeling
[15:56] {Threei} multiply results of second column by usual lot
[15:56] {Threei} add up
[15:56] {Threei} tell me how you are better off
[15:56] {Threei} that will be better tell than hindsight feeling
[15:57] {bruce} good poit vad
[15:57] {dptl} well ...turns out to be a not bad day....have a good night all :)
[15:57] {Threei} take care dp
[15:57] {Threei} no magoo
[15:57] {Threei} not mad at all
[15:58] {Threei} just want to keep it real, and real means reading it REAL time, and being aboe to act on it
[15:58] {bruce} intuition and feeling wins all the time
[15:58] {Threei} hindsight is always 20/20
[15:58] {Threei} tomorrow's WSJ always shows you zillion missed opportunities
[15:58] {Threei} but who gets tomorrow's issue it today?
[15:59] {ThurstonHowellTheThird} sky is falling in market
[15:59] {Threei} good... let it
[15:59] {Threei} this market asked for drop for a long time
[15:59] {Threei} as lot of difficulities in trading it were caused by artificial propping '
[16:00] {Threei} drop will free normal powers that move the market in a normal way
[16:00] {Threei} thatnk you all
[16:00] {Threei} have a good evening
[16:00] {Threei} see you tomorrow
[16:00] {ThurstonHowellTheThird} good night all
[16:00] {Threei} as propagation takes over
[16:00] {GeoArb} gnite
[16:01] {patience} bruce, dcc please
[16:02] {Chaeron} GN all... looking forward to another one manana
[16:14] {magoo} ok, ty all goodnite
[16:14] {bruce} night all

Wednesday, March 5, 2008

Mar 05 2008

Session Time: Wed Mar 05 00:00:00 2008

[08:39] (magoo} morn
[08:39] (Threei} good morning
[08:40] (Threei} watching CSIQ
[08:40] (magoo} solar news?
[08:40] (Threei} not bad earnings
[08:41] (magoo} hey, a new thing here..its avail short
[08:44] (Threei} determined bidder at .75, soaking in seling
[08:47] (magoo} i know we need to see what developes..but whats your thoughts for today boss?
[08:47] (Threei} hahahaha
[08:48] (Threei} good try
[08:48] (Threei} really... taking it one trade at a time
[08:49] (Threei} you saw yesterday's whipsaw
[08:52] (magoo} yeah
[08:56] (tomg} gm all
[08:56] (Threei} tom :)
[08:59] (tomg} vad, on Laser, which Route do you normally use?
[08:59] (Threei} I have default set to ISLD, and my Route On/Off box is UNchecked
[08:59] (dptl} good morning all
[09:00] (Threei} dp :)
[09:00] (tomg} ok, ty
[09:00] (Threei} I check it and switch route only if default route has troubles
[09:00] (Threei} which happend probably once in a year
[09:00] (tomg} and what is Short box? Do you need to have it checked?
[09:00] (Threei} nope
[09:02] (tomg} ok, ty, i watched a lot of the videos but didn't see it mentioned
[09:03] (magoo} vad, where is the Route On/OFF box?
[09:03] (Threei} right in the middle of order panel
[09:03] (Threei} between Cancel and Limit Buy
[09:04] (magoo} in trade settoings?
[09:04] (Threei} no, under level 2
[09:04] (tomg} i can't seem to find where you set the default route
[09:04] (Threei} in trade settings tom, right click on level 2
[09:04] (Threei} middle column
[09:04] (Threei} default method
[09:05] (Threei} mags... found it?
[09:06] (magoo} nope, is it under TRADE in top bar?
[09:06] (Threei} no
[09:06] (Threei} look at your level 2 window
[09:06] (Threei} order execution panel under it
[09:06] (Threei} with buy, sell, cancel buttons
[09:07] (tomg} Trade/Trade Settings, right?
[09:08] (magoo} all i have is Sell Cancel All and Buy buttons
[09:08] (tomg} magoo, do you have level II mouse style checked?
[09:08] (Threei} yes tom, that's another way to reach it
[09:09] (tomg} ok, so I have to type in Isld beside the NASDAQ field?
[09:10] (Threei} I have INCA typed in there
[09:10] (magoo} i have INET typed in there
[09:10] (Threei} my laser was set up long ago before some routes changed
[09:10] (Threei} maybe need INET now
[09:10] (tomg} it won't let me type anything in that box
[09:10] (Threei} try different ways
[09:11] (magoo} but, d u see my last post vad?o
[09:11] (Threei} click in that box, then hit backspace and hold it
[09:11] (Threei} until cursor moves far to the left
[09:11] (Threei} mags... go to:
[09:11] (tomg} it works! ty,vad
[09:11] (Threei} View, with Level 2 window active,
[09:12] (Threei} make sure you have checked:
[09:12] (Threei} level II mouse style and Level II button style
[09:14] (magoo} ok, i have lev 2 mouse style checked but NOT button..do i need button also?
[09:14] (Threei} check it
[09:14] (Threei} look at your execution panel now
[09:15] (magoo} oh, so now what?
[09:16] (Threei} now you have those boxes you didn't
[09:16] (magoo} is that the buy/sell setup u use?i
[09:16] (Threei} yes
[09:17] (Threei} I like having separate buttons for limit and market
[09:17] (Threei} instead of using arrow-dropdown menu to change it
[09:18] (Threei} be careful not to click wrong one though
[09:18] (magoo} u not using that stop price button for stops are u?
[09:18] (Threei} what stop button?
[09:18] (Threei} oh
[09:18] (magoo} STOP PRICE near ROUTE
[09:18] (Threei} no,stops are set via OMS module
[09:18] (magoo} right
[09:18] (magoo} ojk
[09:19] (magoo} sorry for wasting your time
[09:19] (Threei} no problem
[09:19] (Threei} some routes seems to be cut off
[09:20] (Threei} on Interenet I mean
[09:20] (Threei} a lot of people can't connect
[09:20] (tomg} are hard stops available now, on nasdaq?
[09:20] (Threei} yes tom
[09:20] (Threei} Click Modules - OMS
[09:21] (tomg} ok, got it
[09:21] (Threei} that's the window where they are being set
[09:21] (Threei} gotta get used to it, it's somewhat unusual
[09:21] (Threei} but has some very powerful features
[09:21] (tomg} so, you have to type stops into OMS module?
[09:22] (Threei} click Add a new order button
[09:22] (Threei} set it there
[09:22] (tomg} ah, ok, i see it, ty
[09:22] (Threei} keep in mind that for it to go live you need to click green triangle
[09:23] (tomg} ok
[09:23] (Threei} until you do that, it's waiting for you to start it
[09:23] (Threei} you can stop it without deleting, then restart it
[09:23] (Threei} or modify
[09:23] (Threei} etc
[09:23] (tomg} red box to stop, green to resume
[09:23] (tomg} cool
[09:24] (tomg} is it reliable, i mean, no problems completely cancelling orders?
[09:25] (Threei} so far no complaints
[09:26] (tomg} ok, ty
[09:31] (Threei} QTWW AWARDED $135 MILLION CONTRACT TO SUPPLY SOLAR MODULES
[09:31] (magoo} and under a buck?
[09:32] (Threei} SEES SALES FROM SUPPLY PACT WITH ERSOL AT $500M
[09:35] (Threei} ESLR
[09:35] (Threei} .40 long if melting and if holding above .30
[09:36] (magoo} in
[09:37] (magoo} l CSIQ off .50
[09:39] (Threei} good one
[09:39] (Threei} don't oversit, too volatile
[09:40] (magoo} was wait .91
[09:40] (magoo} still in
[09:44] (esemde} good morning Vad....that worked....
[09:44] (Threei} ty ese
[09:44] (Threei} sending e-mail to all members
[09:45] (Threei} sorry, used you as a guinea pig :)
[09:46] (Threei} ESLR 1:1 half out, scalpers are scalpers and need my guidance not
[09:46] (esemde} well I never!!!!!!!!!! wink wink.......don't think I look good as bacon
[09:46] (Threei} lol
[09:48] (Threei} 1:2 ESLR
[09:49] (dptl} out eslr +.10.+.20
[09:49] (dptl} ty
[09:49] (Threei} high five?
[09:49] (Threei} or is it considered bad manners?
[09:49] (dptl} high Five
[09:49] (Threei} :)
[09:49] (tomg} out eslr 1:2, ty vad
[09:49] (Threei} welcome
[09:50] (Threei} mags??
[09:50] (magoo} out here .69 full
[09:50] (magoo} HIGH five
[09:50] (Threei} :)
[09:50] (Threei} let's go home
[09:51] (GeoArb} Hah I am in.... good morning
[09:52] (Threei} hi
[09:52] (Threei} you used reserve server?
[09:52] (GeoArb} yes
[09:52] (Threei} ok, ty
[09:52] (esemde} what were you in Magoo.....wanted to look at the chart
[09:52] (Threei} ESLR ese
[09:53] (esemde} ahhhhhh
[09:53] (Threei} we grabbed .50
[09:53] (esemde} nice...
[09:53] (Threei} ummm
[09:53] (Threei} .40, sorry
[09:56] (magoo} i was gonna say......but was still trying to calculate
[09:56] (Threei} lol
[09:56] (magoo} i am up 336, so that 87k a year..lets quit lol
[09:58] (GeoArb} nice magoo
[09:58] * Threei slaps magoo around a bit with a big broken calculator for improper extrapolations
[09:59] (ThurstonHowellTheThird} gm all
[09:59] (Threei} hi THTT
[10:00] (magoo} symbol??will not pull up THTT
[10:00] * ThurstonHowellTheThird slaps magoo around a bit with a large trout
[10:01] (ThurstonHowellTheThird} sorry. magoo; but you had it coming
[10:01] (Threei} hah
[10:01] (magoo} :)
[10:01] (Threei} he has it coming 24/7
[10:01] (magoo} l off .50 CSIQ RISKY
[10:02] (magoo} feels over 21 today, but scalpin this time
[10:02] (magoo} in
[10:05] (Threei} RIMM closest support .30, watching if it's holding it
[10:05] (Threei} if NQ jumps again, going to try long
[10:06] (magoo} out .60
[10:06] (magoo} dime
[10:06] (Threei} this is prudent
[10:07] (magoo} i don't remember it being so jumpy
[10:07] (magoo} like .62 ..oops .49
[10:08] (magoo} u still ,ooking for first sign strengh RIMM vad?
[10:09] (magoo} in .39
[10:09] (magoo} out .64 TY
[10:09] (magoo} scalpers friday guuys
[10:10] (Threei} :)
[10:12] (dptl} altr?
[10:13] (Threei} not sure
[10:14] (dptl} ok
[10:18] (magoo} SHIT CSIQ
[10:18] (Threei} first symbol is not found
[10:19] * ThurstonHowellTheThird slaps Threei around a bit with a large trout
[10:19] (ThurstonHowellTheThird} its only fair :)
[10:20] (Threei} I guess
[10:23] (magoo} jesus..rimm bounce somewhere vad??
[10:24] (Threei} I wouldn't touch it for now
[10:24] (esemde} ya know.....i have never slapped anyone with the trout in one year of being on this board........am waiting for the big one!!!! look out
[10:24] * Threei ducks
[10:25] (ThurstonHowellTheThird} AKAM?
[10:25] (Threei} AKAM qworth a try for a scalp at .25 if holding above .15
[10:27] (Threei} which it didn't
[10:29] (magoo} sigh..wish we shorted RIMM
[10:29] (Threei} did you see any readable setup?
[10:30] (Threei} DOE CRUDE: -3M V +2.2ME ; GASOLINE: +1.66M V +250KE ; DISTILLATES: -2.33M V -2ME ; UTILIZATION: % V 84.9%E
[10:30] (magoo} wheres the bounce setup}??
[10:31] (magoo} never seen that many red candles
[10:31] (magoo} news?
[10:31] (Threei} coming very soon
[10:31] (Threei} about here
[10:32] (Threei} no news
[10:33] (ThurstonHowellTheThird} magoo; overall how would you say your net record is with RIMM?...I'm just curious because you play it a lot and I'm thinking of looking at it more
[10:34] (Threei} in, stop under .50
[10:35] (magoo} problem withRIMM, yesterday it coperated in last hour and i made like 2500, today i missed 2 bounce attempts..so dunno..not great
[10:36] (Threei} out
[10:36] (Threei} 101.69 - 102.05
[10:37] (ThurstonHowellTheThird} ok thx ((- ----not a symbol)
[10:37] (Threei} no, but TY is
[10:40] (Threei} XIDE long, stop under 11
[10:40] (Threei} .10 - .11 if buying comes in
[10:44] (dptl} nice...and what i did..........i went for smoke damn
[10:46] (Threei} :(
[10:46] (Threei} easy 1:1
[10:48] (Threei} maybe they are right dp... smoking IS harmfulll
[10:49] (ThurstonHowellTheThird} lol
[10:49] (Threei} AAPL long .71
[10:50] (Threei} stop under .50
[10:50] (magoo} in
[10:50] (magoo} look csiq
[10:50] (Threei} sheesh
[10:51] (magoo} 22
[10:51] (magoo} not easy but will
[10:54] (lumdus} good morning everybody. just got the email how to log on.
[10:54] (Threei} hi lum
[10:55] (Threei} just now?
[10:55] (Threei} sent it a while ago
[10:55] (lumdus} i didn't check my email untill now. I logged in to email you, and saw the email
[10:55] (Threei} ah
[10:55] (Chaeron} *phew*
[10:55] (Chaeron} GM all
[10:55] (Threei} chaeron :)
[10:56] (Chaeron} glad to be here... how's the day?
[10:56] (Threei} fairly nice so far
[10:56] (Chaeron} figures
[10:57] (lumdus} yeah, i am sure you gona say you had lots of trade + 1.50 .. no, i don't fall for that anymore. Show me the posts .. ha haaa haaaaaaaaaaa
[10:58] (Threei} well, since you asked...
[10:58] (Threei} [09:35] (Threei} ESLR
[10:58] (Threei} [09:35] (Threei} .40 long
[10:58] (Threei} reached over .70
[10:58] (lumdus} where is the exit post ?
[10:59] (Threei} [09:48] (Threei} 1:2 ESLR
[10:59] (Threei} [09:49] (dptl} out eslr +.10.+.20
[10:59] (Threei} [09:50] (magoo} out here .69 full
[10:59] (Threei} want more? :)
[11:00] (Threei} [10:40] (Threei} XIDE long, stop under 11
[11:00] (Threei} [10:46] (Threei} easy 1:1
[11:00] (lumdus} ok, now i am angry :)
[11:00] (Threei} hehe
[11:03] (Threei} CSIQ possible trend reversal, lower high
[11:03] (Threei} carefuul short .20 breakdown
[11:04] (Threei} if stays under .40
[11:06] (ThurstonHowellTheThird} in .19
[11:08] (Threei} jumpy thing
[11:08] (ThurstonHowellTheThird} no kidding
[11:11] (magoo} mkt feels up imho..risky
[11:13] (Threei} die CSIQ
[11:15] (Threei} jeez COIN
[11:17] (esemde} ya...i was looking at too Vad but didn't act...
[11:17] (dptl} eslr again?
[11:17] (esemde} was thinking long 15.75 ish
[11:18] (Threei} desirably on pullback into .70
[11:18] (esemde} yup
[11:18] (Threei} stopped CSIQ
[11:21] (dptl} what's with elon?
[11:21] (Threei} no news
[11:21] (dptl} hmm...ok thnx
[11:24] (Threei} US TREASURY'S PAULSON: FED RATE CUTS HAVE BEEN HELPFUL, BUT ARE NOT 'SUFFICIENT' TO FIX THE CREDIT MARKETS
[11:29] (Threei} CSIQ non-stop
[11:30] (Threei} guys, please look at http://www.realitytrader.com/tradingroom/
[11:30] (Threei} scroll to the bottom
[11:30] (Threei} see red font instructions?
[11:31] (magoo} yes
[11:31] (hawkfan4} yep
[11:31] (Threei} they are always there... use them in case of outage
[11:32] (magoo} how can i use them if i have a powrr outage??
[11:32] (Threei} trout is being slowly unhosltered
[11:32] (dptl} lol Mags
[11:33] (Threei} hawk... you recieved two e-mails from me or just one?
[11:34] (hawkfan4} two, but i just got both of them about 10 mins apart
[11:34] (Threei} OK, and the one from admin never reached you?
[11:35] (hawkfan4} no
[11:36] (magoo} 10:50] (magoo} look csiq
[11:36] (magoo} [10:51] (Threei} sheesh
[11:36] (magoo} [10:51] (magoo} 22
[11:36] (magoo} [10:51] (magoo} not easy but
[11:37] (magoo} it was 21.30 area
[11:44] (Threei} if took ESLR on pullback to .70, you have 1:1
[11:54] (magoo} hows CSIQ look as short now vad?
[11:55] (Threei} tough one...
[11:55] (Threei} closer to ghigh maybe so stop is really tight
[11:59] (Threei} wow, XIDE is still climbing
[12:01] (Threei} ABK
[12:01] (Threei} TRADING HALTED: NEWS PENDING
[12:02] (Threei} this is what props market
[12:02] (Threei} bailout news probable reason
[12:03] (Threei} MBI is ABK sympathy
[12:04] (magoo} .
[12:07] (magoo} gotta be that..problem..mkt may sell the news
[12:08] (magoo} ojn CNBVC
[12:08] (Threei} ABK GASPARION: PUTTING TOGETHER PRIVATE WRITES OFFERING WITH A BACK STOP - CNBC
[12:09] (Threei} bs
[12:18] (ThurstonHowellTheThird} .
[12:20] (Threei} CSIQ continues holding close to high
[12:23] (Threei} XIDE .50 long if holding above .40
[12:25] (esemde} am outta here....have a great rest of the day.
[12:25] (Threei} take care ese
[12:25] (esemde} see ya vad....
[12:27] (magoo} mkt sellinhg
[12:31] (Threei} qwhat a tricky animal CSIQ
[12:33] (Threei} lol, what was that
[12:37] (dptl} out xide +.10 ty
[12:37] (Threei} if you went for XIDE, over 1:1
[12:37] (Threei} :)
[12:38] (Threei} 1:2
[12:38] (magoo} i wish u would re alert thiose that take awhile
[12:38] (Chaeron} I thought it went under .40
[12:38] (magoo} i go looking elsewhere and miss,
[12:38] * dptl slaps magoo around a bit with a large trout
[12:39] (Threei} touched couple cents below .40 for a sec chaeron... makes it kind of discretinary
[12:39] (Threei} that's why I said if
[12:39] (magoo} yeah, but u gotta re alert us
[12:40] (magoo} i'd see a post in blue
[12:40] (Threei} sorry mags, no can do
[12:40] (Threei} at least not as a rule
[12:40] (magoo} why, if u are entering it..go ahead
[12:41] (magoo} say, "ok..entering"
[12:41] (Threei} because there is so many things I can do
[12:41] (Threei} "just so many"
[12:41] (Chaeron} clone yourself :)
[12:41] (Threei} if setup was clearly invalidated, then reappeared - reissuing it is valid exepectation
[12:42] (dptl} lol xide......i am not looking
[12:42] (Threei} kind of re-evaluation
[12:42] (Threei} sheesh, 1:4
[12:48] (ThurstonHowellTheThird} you need some sort of voice recognition software to make your job easier and faster for us
[12:49] (Threei} errors those kinds of software make are unacceptable for our purposes
[12:50] (magoo} i still think if u see it come back after along time from original call..AND u are entering u could post it quick..
[12:50] (Threei} stock symbols and numbers will be all over the place
[12:50] * magoo slaps Threei around a bit with a large trout
[12:51] (ThurstonHowellTheThird} I thought that they have made great improvments lately...they now can customize it to your certain speech patterns(accent) so there less errors
[12:52] (ThurstonHowellTheThird} or you could just have a direct line to magoo's house :)
[12:52] (dptl} lol
[12:56] (Chaeron} hmmm... we've got it better than all others I've come across... and I've come across a lot. When things don't work perfectly, I just try to remember that there will always be another opportunity...
[12:57] (Chaeron} besides - it's lunchtime
[13:06] (Threei} another crazy... FEED
[13:06] (Threei} looks like going to bust through 12
[13:06] (Threei} no call, risk is too high
[13:22] (Threei} this market belongs to mental institution
[13:25] (Threei} very prone to jump any direction on any kind of news or rumors
[13:26] (magoo} more news coming aBK CNBC
[13:27] (Threei} FILES PRELIMINARY MIXED SECURITIES OFFERING PROSPECTUS; NO TERMS SPECIFIED - FILING- ABK states we intend to contribute the net proceeds of this offering, as well as the net proceeds of the concurrent offering of Equity Units, to Ambac Assurance in order to increase its capital position, less approximately $100M, which we intend to retain at Ambac Financial Group, Inc. to provide incremental holding company liquidity to pay principal and interest on its indebtedness, to pay its operating
[13:27] (Threei} and other expenses and to pay dividends on its capital stock.
[13:27] (Threei} - ABK states it will also file to sell a separate prospectus supplement, offering an undisclosed amount of Equity Units.
[13:27] (Threei} - Will stop underwriting CDOs, mortgage backed securities, notes efforts are to keep Moody's, S&P ratings, do not expect to get stable outlook from S&P or Moodys(
[13:28] (Threei} none of it sounds very good
[13:28] (Threei} or any good for that matter
[13:29] (magoo} dow red
[13:31] (Threei} Oil prices continued to climb higher as traders pushed the April contract further away from the psychologically important $100 handle following the confirmation of a breakout. Since crude bulls remain in charge of the price action, further moves to the upside will most likely see prices heading higher with a close above $105/bbl most likely seeing a further gain in the upside momentum. As this trend gains in strength, traders should be aware of strong backwardation taking place as front months accelerate
[13:31] (Threei} further and the spread with back months continues to widen. A confirmation of a new trend has been given by a strong positioning of the spread traders in bull calendar spreads
[13:31] (Threei} backwardation?
[13:35] (magoo} ABK opening 10.50 range on CNBC in 10 minutes
[13:36] (Threei} there are a lot of noise about fund raisning through new offerings on wires
[13:36] (Threei} don't want to post all that bs
[13:36] (magoo} nah
[13:36] (Threei} long and short of it:
[13:37] (Threei} we are screwed, we are trying to get you rescue us, we don't hold much hope but who knows, there is a sucker born every minute
[13:37] (ThurstonHowellTheThird} lol
[13:38] (ThurstonHowellTheThird} I like the reality translations
[13:38] (Threei} lol
[13:38] (Threei} how else do you translate this:
[13:38] (Threei} In addition, Ambac announced that it has concurrently commenced a public offering of Equity Units, with a stated amount of $50/unit for a total stated amount of $500 million. Ambac has also granted the underwriters a 30-day option to purchase additional Equity Units to cover over-allotments, if any.
[13:39] (Threei} see, if you grant one day, they say no
[13:39] (Threei} but if you grant 30 days, you have a chance they get really drunk on one on those days
[13:42] (Threei} look at ABK
[13:44] (Threei} great... room not accepting connections is DNS propagation issue
[13:44] (Threei} I need translator
[13:52] (Threei} oh boy... we have beidge book today also
[13:52] (Threei} -d
[13:52] (dptl} what time?
[13:52] (Threei} 2 EST
[13:52] (dptl} ty
[14:00] (Chaeron} oil - 104.56/bbl
[14:00] (Threei} FED'S BEIGE BOOK: 2/3 OF DISTRICTS SAW SOFTENING
[14:01] (Threei} FED'S BEIGE BOOK: 2/3 OF DISTRICTS REPORT TIGHT CREDIT, ALL SAW ECONOMIC GROWTH SLOWING SINCE BEGINNING OF YEAR- Wage and salary pressures 'modest', labor markets 'loosened', job markets still relatively tight
[14:13] (magoo} wake up vad
[14:14] (Threei} why?
[14:15] (magoo} RRRRRRRRRAAAAAAAAAAALLLLLLLLLLLLLLLLLYYYYYYYYYYYYYYY
[14:16] (Threei} sky is not falling aymore?
[14:16] (Threei} let's buy something then
[14:19] (Threei} CPSAT nice break of 52 week high... just not sure there is a room to profit, narrow one
[14:19] (Threei} CPST
[14:20] (Threei} BRKR maybe
[14:20] (Threei} 15.05
[14:20] (Threei} 14.94 stop
[14:23] (magoo} watch RIMM AAPL if they are to recover
[14:33] (Threei} Crude closes at $104.44
[14:33] (patience} thank god for my electric bike
[14:40] (lumdus} short rimm 102.15
[14:40] (lumdus} stop .27 i think
[14:40] (Threei} yup
[14:40] (lumdus} i need it to break .77 then i dance
[14:44] (magoo} CSIQ may push into bell vad, keep[ eye on it
[14:44] (lumdus} go down rimm more and more, lumdus needs to go away tommorrow .
[14:46] (Threei} I don't know lum... anyrthing can happen of course but NQ looks bottomed and reversing
[14:48] (Threei} CSIQ may do whatever it wants, I can't read it either way
[14:50] (Threei} BRKR, are you blind or what?
[14:50] (magoo} l csiq .24, small all the way to 23
[14:54] (magoo} vads, how i get rid of stop in modul
[14:55] (Threei} click red square, then button that says:
[14:55] (Threei} delete stopped or finished order
[14:55] (Threei} CPSAT... hmmm
[14:56] (Threei} CPST
[14:56] (magoo} ok
[15:12] (Threei} still in CSIQ mags?
[15:13] (magoo} yes
[15:13] (Threei} what resolve
[15:16] (magoo} 'out .84
[15:19] (Threei} I took some CPST at .02
[15:19] (Threei} stop .84
[15:19] (Threei} ready to hold overnight to see what this all is about
[15:27] (Threei} another NQ spike seems to be coming
[15:30] (Threei} ABK rumors/news are played out... what next vehicle talking heads find to stage another rally?
[15:34] (magoo} cnbc just said ABK ging back ytpo 37
[15:34] (Threei} you serious?
[15:34] (magoo} yes
[15:36] (ThurstonHowellTheThird} go BRKR
[15:37] (Threei} no kidding
[15:37] (Threei} what a viscous position
[15:39] (dptl} yeah...i gave up 40 min ago with -.02
[15:39] (Threei} traitor
[15:39] (dptl} lol
[15:39] (ThurstonHowellTheThird} I have toadmit that the thought crossed my mind as well
[15:39] (Threei} that's because you guys are thinking
[15:39] (Threei} I gave up on that long ago
[15:40] (ThurstonHowellTheThird} We are working on it ;)
[15:40] (Threei} vodka kills those useless brain cells very effectively
[15:40] (ThurstonHowellTheThird} lol
[15:40] (dptl} roflol
[15:40] (ThurstonHowellTheThird} so thats your secret
[15:41] (Threei} as if I ever made a secret out of it (G}
[15:41] (Threei} .13 is 52 week high BRKR
[15:42] (Threei} it breaks it, it spikes
[15:42] (Threei} and out 1:1 is just behind
[15:43] (ThurstonHowellTheThird} out .11.....couldn't take the heat anymore :(
[15:44] (Threei} we are close to eod, can't blame you
[15:45] (Threei} but dp is still a traitor
[15:45] (Threei} Ford CEO: ENVIRONMENT TOUGHER THAN EVER IN 2008
[15:46] (dptl} :).....that was my only looser today ....-.02
[15:46] (Threei} really?
[15:46] (Threei} you made my day then
[15:46] (dptl} yep
[15:46] (Threei} thank you
[15:46] (dptl} no ty
[15:46] (Chaeron} good last few days in crap mkt
[15:47] (Threei} I am not kidding dp... summary of calls is p;ositive 4 days out of each 5, yet I feel like not many benefit
[15:47] (Threei} good to hear some do
[15:48] (Threei} even Ford CEO is crying (G}
[15:54] (Chaeron} .
[15:54] (Threei} just making a point?
[15:54] (Chaeron} at least one.....
[15:55] (Threei} hey, don't feel bad, that's a very fine point
[15:55] (magoo} see CSIQ
[15:55] (Threei} in fact, I wish I had made it
[15:55] (Chaeron} thanks... but I gotta clean them all up when everyone leaves
[15:55] * Chaeron starts using white-out on his screen
[15:57] (Threei} out BRKR +.01
[15:57] (Threei} go ahead dp... pay me back for the "traitor" :)
[15:58] (Threei} want to make a new high before close CPST?
[15:59] (Threei} do me a favor, I promise not to sell you today
[15:59] (magoo} intc tonite
[15:59] (Threei} INTC was making positive noises if I remember correct
[15:59] (Threei} new high CPST, thank you
[16:00] (magoo} that was nice CPST
[16:00] (Threei} ok guys, thank you all
[16:00] (magoo} ty
[16:00] (magoo} give me intc news boss
[16:00] (Threei} have a good evening, hopefully DNS problems resolve overnight
[16:00] (Chaeron} bye everyone
[16:00] (Threei} watching mags
[16:00] (Threei} so we have full team back
[16:00] (lumdus} tx vad. wasn't to active today. i couldn't read anything.
[16:00] (dptl} have a good night all
[16:00] (Threei} can't blame you lum
[16:01] (Threei} this is one unusual market
[16:01] (Threei} TIVO REPORTS Q4 -$0.06 V -$0.11E, R$58.1M V $59.3ME
[16:03] (patience} no trades for me today, waiting for the 'sale' day
[16:04] (Threei} new high after hours CPST
[16:04] (dptl} you got .02? Vad
[16:04] (Threei} yes
[16:05] (Threei} on a pullback 15:17
[16:06] (ThurstonHowellTheThird} good night all
[16:06] (magoo} nite THTT
[16:07] (Threei} hmmm
[16:07] (Threei} mags
[16:07] (Threei} you sure INTC today?
[16:07] (Threei} I don't see it in cal;endar
[16:07] (magoo} hm,m
[16:07] (magoo} ZUMZ
[16:08] (Threei} UDRL REPORTS Q4 $0.18 V $0.38E, R $67.5 V $73.6ME
[16:09] (magoo} look at UDRL lev 2
[16:09] (Threei} yeah
[16:10] (Threei} no bids to sell into
[16:10] (magoo} SMSI
[16:12] (Threei} OK... CPST not going to 3 today I guess
[16:12] (Threei} leaving, see you tomorrow
[16:12] (Chaeron} thanks again Threei
[16:12] (Threei} :)
[16:12] (magoo} yes ty boss
[16:13] (Threei} btw
[16:13] (Threei} while I remember this thought
[16:13] (Threei} which is rare for me to even have, let alone to remember
[16:13] (Threei} ABK news came out bad, and ABK was an ginitor of rallies,
[16:14] (Threei} and yet market held and finished green
[16:14] (Threei} this maybe a forecaster of things to come nearest time
[16:14] (Chaeron} ignitor?
[16:14] (Threei} yes, spelled by duslexic
[16:15] (Threei} INTC SEES NAND FLASH PRICES 53% LOWER IN Q1
[16:15] (Threei} good
[16:16] (magoo} no stock reactiuon
[16:25] (bruce} anyone here?
[16:25] (dptl} me
[16:25] (bruce} hi dp
[16:26] (dptl} hey Bruce
[16:26] (bruce} couldn't get in today
[16:26] (bruce} hope you had a good day
[16:26] (dptl} did you get Vads email?
[16:27] (dptl} it was a prob. with server i think
[16:27] (bruce} yes- some kind of sever issue
[16:28] (bruce} see you tomorrow
[16:28] (dptl} ye see ya tomorrow

Tuesday, March 4, 2008

March 4 2008

[08:36] {Threei} SEED
[08:36] {Threei} NEW CORN HYBRID SEEDS APPROVED IN PROVINCES THROUGHOUT CHINA
- It has approved five new corn hybrid varieties for its product line for distribution during the next sales season in provinces throughout Central and West China.
[08:36] {cosmo} for food?
[08:37] {cosmo} PRFT
[08:38] {Threei} COIN again
[08:39] {Threei} oh... good morning
[08:39] {cosmo} for corn, anyway
[08:42] {dptl} good morning all
[08:42] {Threei} dp :)
[08:43] {Threei} EMKR
[08:43] {Threei} RECEIVES LETTER FROM SEC, , DO NOT RECOMMEND ENFORCEMENT ACTION - FILING 2/27
[08:44] {Threei} PREVIEW: FED'S BERNANKE SCHEDULED TO SPEAK ON MORTGAGE FORECLOSURES AT A BANKERS CONVENTION IN FLORIDA AT 9AMET
- the topic is "Reducig Preventable Mortgage Foreclosures"
[08:44] {Threei} - there will be a prepared text and audience Q&A
[08:44] {Threei} **reminder: in his 2/28 testimony Bernanke said:
[08:44] {Threei} - Credit disruptions are 'not near' an end, housing a 'continuing problem' weaker USD causing drop in trade gap
[08:44] {Threei} - Inflation a bigger problem than in 2001, 'fair' to say tougher to respond now than in 2001
[08:44] {Threei} - Says monetary stimulus shoul
[08:44] {Threei} should help 2H growth
[08:44] {Threei} - Notes 'additional' housing steps may be needed later
[08:44] {Threei} - Bernanke says does not expect stagflation
[08:44] {Threei} - says 'there will probably be some bank failures', but not among larger banks
[08:46] {esemde} morning all
[08:46] {Threei} ese :)
[08:46] {patience} morning RT :)
[08:46] {Threei} patience :)
[08:46] {esemde} morning patience
[08:53] {GeoArb} good morning
[08:53] {Threei} geoarb :)
[08:54] {magoo} morning
[08:55] {Threei} mags :)
[08:58] {cosmo} SEED tests
[09:02] {Threei} FED'S BERNANKE: DELINQUINCIES, FORECLOSURES TO RISE FOR A WHILE LONGER
[09:02] {Threei} YESSSS!!!
[09:02] {Threei} NXXI
[09:02] {Threei} NEW CLINICAL DATA FURTHER SUPPORTS CHROMIUM PICOLINATE'S ROLE IN ENHANCING BRAIN ACTIVITY IN OLDER ADULTS
[09:03] {Threei} wait for me, running to the store
[09:05] {Threei} Ben:
[09:06] {Threei} - More should be doene to stem foreclosure increase
[09:06] {Threei} - Urges lenders to expand mortgage principal writedowns
[09:06] {Threei} - Up to now reductions of loan principal have been rare
[09:06] {Threei} - Lack of refinance options needs vigorous response
[09:06] {Threei} - Further declines in house prices are likely
[09:06] {Threei} - Barriers to workouts pose serious problems
[09:11] {esemde} january low in indexes is still holding....and +.24 in FINL at end of the day yesterday
[09:13] {cosmo} Ben gonna do the mkt open?
[09:14] {esemde} anyone thinking long SEED 6.81...
[09:14] {esemde} bstop??
[09:15] {Threei} tough one ese
[09:15] {esemde} how so Vad
[09:15] {Threei} got dumped on disastrous earnings recently
[09:15] {esemde} ahhhhh
[09:15] {Threei} I'd think, there are a lot of holders stuck in it
[09:15] {cosmo} SEED should hold 6.50 ...needs to hold .45
[09:15] {Threei} eager to dump on any rally attempt
[09:16] {esemde} gottcha...
[09:18] {ThurstonHowellTheThird} gm all
[09:18] {Threei} THTT :)
[09:19] {Threei} lol, look at this
[09:19] {Threei} ALGERIAIN OIL MINISTER: OPEC CUT IN CRUDE OUTPUT MAY BE REQURIED
[09:19] {Threei} ese, news on FINL
[09:19] {Threei} ANNOUNCES SETTLEMENT OF LITIGATION
[09:21] {Threei} [12:33] {esemde} by everyone...have a great rest of the day....i'm long FINL here at 3.75 full lot
[09:21] {Threei} that's a heck of the way to start the day
[09:22] {Threei} can't help but post this nugget of wisdom:
[09:22] {Threei} AUSTRIAN MIN: STRONG EURO HAS ADVANTAGES AND DISADVANTAGES
[09:22] {esemde} AMAT ??
[09:23] {Threei} 09:06am [AMAT] Signs sales agreements valued at $1.9B
[09:24] {esemde} it's moving this morning
[09:24] {Threei} you out FINL or holding for more?
[09:24] {esemde} I'm out...
[09:24] {esemde} +.24
[09:24] {Threei} before news?
[09:24] {esemde} don't want to hold anything overnight....
[09:24] {Threei} oh
[09:25] {esemde} is there news on it this morning?
[09:25] {Threei} take me off ingore, will ya :)
[09:25] {Threei} [09:19] {Threei} ese, news on FINL
[09:25] {Threei} [09:19] {Threei} ANNOUNCES SETTLEMENT OF LITIGATION
[09:27] {esemde} I took a 450.00 hit on SOLF a few days back holding it ovenight....gun shy now...
[09:29] {esemde} just logged onto FINL I see what you mean
[09:30] {Threei} OPEC PRESIDENT SAYS TWO OPTION REMAIN ON THE TABLE AT THIS TIME - CUT OR HOLD PRODUCTION
[09:32] {magoo} dam..was looking at COIN as a break of .18 and POP
[09:32] {magoo} over .39
[09:33] {Threei} don't chase COIN
[09:33] {magoo} nah
[09:33] {magoo} just saying
[09:33] {Threei} it's a typical pullback stock
[09:33] {bruce} aapl just did its fakeoiut long again before dropping
[09:35] {Threei} JNPR 26.01 long if stays above .90
[09:36] {Threei} 1:1 quickly
[09:36] {Threei} scalpers get your first kill for the day
[09:36] {Threei} sane traders, half out
[09:37] {Threei} stop .94 for the balance
[09:37] {Threei} 1:2
[09:37] {Threei} 1/4 more out
[09:37] {Threei} stop to .99
[09:37] {magoo} out ,23 NICE
[09:37] {Threei} 1"3, full out
[09:38] {magoo} easy button
[09:38] {Threei} where is that easy button
[09:38] {Threei} lol magoo
[09:38] {magoo} on my desk
[09:38] {magoo} lol
[09:39] {magoo} how about shorting it on its breather vadf JNPR
[09:39] {Threei} if it forms setup...
[09:39] {Threei} I am not shorting just because it's "too high"
[09:40] {bruce} seed on break of 6.80 long vad?
[09:40] {magoo} jnpr have news?
[09:40] {Threei} nope
[09:42] {magoo} RIMM bounce w/mkt
[09:43] {Threei} STEN, say what?
[09:43] {Threei} disregard as a tgrading candidate, spread is out of this universe
[09:44] {Threei} just curious
[09:44] {magoo} its avail short too
[09:45] {magoo} so thin it could go 8 vad
[09:45] {Threei} gosh... take it off your screen please :)
[09:45] {bruce} ceco short setup
[09:46] {Threei} FINL, 4.55 long if holding above 4.40
[09:46] {Threei} make sure big offer at .55 getting hit
[09:46] {Threei} don't be a first buyer
[09:47] {magoo} bigger offer .60 boss
[09:50] {Threei} WHITE HOUSE: OIL PRODUCING COUNTRIES SHOULD KEEP THE MARKET WELL-SUPPLIED
[09:50] {Threei} really?
[09:51] {esemde} doing a dino,,,,,long PRFT. 8}05...
[09:51] {bruce} nvda looking like short
[09:51] {esemde} looking for a bounce
[09:52] {magoo} COIN gonna go 16 vad
[09:52] {Threei} and no lum to slap
[09:54] {magoo} we need to watch it
[09:54] {magoo} look for entry
[09:56] {Roman}
21 TSRA
[09:56] {Roman}
21 capit play
[09:56] {Roman}
21 in small super risky 19.10
[09:58] {Roman}
21 stopped -.50
[10:00] {Threei} hmmm... blast from the past
[10:00] {Threei} SCON
[10:05] {Threei} very scary stock with huge potential for both, profit, and loss
[10:05] {Threei} VISN
[10:05] {magoo} which is it?profit?
[10:05] {Threei} no specific call, want to leave it to your discretion without encouraging anyone to take such risky one. If you can read it, go for it. If not, disregard
[10:08] {patience} s3
[10:08] {patience} oops, sorry
[10:09] {Threei} no problem... but we need password too
[10:09] {magoo} man, look at qqqq minute charet
[10:09] {magoo} chart
[10:09] {Threei} quite wird eh?
[10:09] {magoo} my 4 yr old coloring
[10:09] {Threei} yup
[10:09] {Threei} pencil tied to the mule's tail
[10:09] {magoo} with only two crayons
[10:09] {Threei} mule is naturally drunk
[10:17] {magoo} vad, JNPR held well
[10:17] {magoo} in VISN too @ .83
[10:17] {bruce} nvda consolidating at bottom here
[10:17] {magoo} thats me @ .38
[10:17] {bruce} long candidate vad?
[10:18] {Threei} I amnot rushing into anything like JNPR or NVDA
[10:18] {Threei} this wierd quiet in the market is somewhat...
[10:18] {Threei} disturbing
[10:18] {Threei} it's going to resolve into something dramatic
[10:18] {Threei} and I don't want to be caught on the wrong side
[10:19] {Threei} risk is small here bruce
[10:19] {Threei} can take it on that alone of course
[10:19] {Threei} those risk-based setups magoo prmised to interrogate me about when the time comes
[10:20] {bruce} that was my thought vad - only 5c risk or so
[10:20] {Threei} yup
[10:23] {Threei} may I post the most useless crap crossed wires today... I think this one tyakes the prize
[10:23] {Threei} EIA SAYS CRUDE OIL COULD HIT $185 PER BARREL IN NOMINAL DOLLARS IN 2030
[10:23] {Threei} in 2030?
[10:24] {Threei} could?
[10:24] {magoo} seems low for then lol
[10:25] {Threei} if there is a job somewhere paying real well for coming up with such headlines, my son is looking
[10:25] {magoo} bruce u long NVDA?
[10:27] {bruce} not filled mags - tried .60
[10:27] {Chaeron} you're right magoo - my house appreciation has a faster rate of return than oil by the year 2030
[10:27] {magoo} i caught .64
[10:28] {bruce} K - I was thinking exit target at or below .70 - so wanted .60 or nothing
[10:28] {magoo} mkt killed it
[10:28] {magoo} i laid it .74, no go tho
[10:29] {bruce} yes - just chopping for moment
[10:29] {bruce} no idea of market direction now - up or down
[10:29] {bruce} so going to do just quick scalps
[10:31] {magoo} man
[10:31] {bruce} wow - tsra roman -
[10:32] {Threei} mags... VISN is coming
[10:33] {magoo} what u think on it ?
[10:33] {Threei} if takes .20, no telling where it can go
[10:37] {Threei} TSRA
[10:37] {Threei} HEARING DEFENDED AT PIPER JAFFRAY
[10:38] {Threei} PIPR: wait for us, we haven't sold yet
[10:40] {Threei} RIMM is interestingly strong
[10:41] {bruce} just thnking same vad
[10:41] {bruce} qs look weak tho0ugh
[10:42] {bruce} if they dump rimm probably will too
[10:45] {magoo} out VISN
[10:45] {magoo} mkt losing it
[10:46] {bruce} sure looks like it mags
[10:47] {magoo} but there is a climb in bidu too
[10:47] {magoo} they follow mkt
[10:50] {Threei} thisis intriguing, RIMM
[10:52] {Threei} wow
[10:53] {Chaeron} I didn't have the guts... I suck
[10:54] {magoo} its either a great sh opportunity or mkt trying to resolve up
[10:56] {bruce} you were thinking of just going long rimm on the euphoria chaeron?
[10:57] {Chaeron} the basing at .95 area and the pace... was thinking scalp, that's all
[10:58] {Roman}
21 long PAAS small
[10:59] {Roman}
21 40.11
[10:59] {bruce} k
[10:59] {Threei} NBER'S FELDSTEIN SAYS FED HAS ROOM TO LOWER RATES, BUT MAY NOT HAVE TRACTION
[10:59] {bruce} fed needs snow tires
[11:00] {Threei} BRCM short for scalp .56 stop
[11:05] {Threei} feels like sharp drop is in cards for the NASDAQ
[11:06] {Threei} sharp drop it is
[11:06] {magoo} sh brcm @ .49
[11:06] {magoo} where ui guys?
[11:06] {ThurstonHowellTheThird} .49
[11:06] {bruce} so much for rimm and bidu longs for now mags
[11:06] {bruce} brcm .49for me too
[11:06] {magoo} i shorted BIDU bruce
[11:07] {magoo} [10:54] {magoo} its either a great sh opportunity or mkt trying to resolve up
[11:08] {bruce} nice play mags
[11:08] {bruce} congrats
[11:08] {Threei} BRCM is much slower than I would have liked
[11:09] {Threei} considering how jumpy this market can be I am trying to pick the safest ones with narrow stops
[11:09] {magoo} covered here .88, + .1.18
[11:09] {Threei} but the opposite side of the coin is slow
[11:09] {ThurstonHowellTheThird} i like slow :)
[11:10] {Chaeron} that's hugemagoo... good for you
[11:10] {bruce} I like + 1.18 wtg mags
[11:10] {Threei} yeah, can take a nap meanwhile... I know what you mean
[11:14] {Threei} wow... how did I miss AMLN 24.40 breakdown
[11:14] {Threei} such clean BDI
[11:15] {Threei} grr BRCM
[11:15] * Threei slaps Laserdave1 around a bit with a large trout
[11:15] {Threei} it's dave's fault
[11:15] * magoo slaps Laserdave1 around a bit with a large trout
[11:17] {Threei} COIN .50 long half lot
[11:17] {Threei} stop under .25
[11:27] {Threei} stopped
[11:27] {bruce} stopped coin
[11:27] {esemde} outta here...have a great day...
[11:28] {Threei} why didn't I just go back to sleep after JNPR trade
[11:28] {Threei} take care ese
[11:28] {bruce} bye ese
[11:29] {Chaeron} whole lotta "nap" and "sleep" talk... zzzzzzzzzz
[11:35] {bruce} l nvda .33 stop.29
[11:35] {magoo} me too
[11:38] {Chaeron} .
[11:41] {magoo} iof NVDA stops me again.i gonna cut my wrists with a banana
[11:42] {ThurstonHowellTheThird} short NVDA .37 stop .41
[11:43] {Threei} cool... we are hedged
[11:53] {Threei} watching AMZN for long off pullback
[11:53] {Threei} it's at support, just want to see NQ upticking
[11:54] {bruce} 1/2 out nvda here - 3 to 1 on risk
[11:54] {Threei} in, stop .69
[11:55] {Threei} nope
[11:55] {Threei} needs one more leg down
[11:58] {Threei} KLAC REITERATES Q3 BOOKING FLAT TO DOWN 20%
[11:59] {bruce} out nvda balance float
[12:01] {bruce} vad - your thoughts on rimm short?
[12:02] {Threei} prety much in NQ hands, and NQ is absolutely unreadable here...
[12:02] {bruce} k
[12:03] {Threei} look at this spike out of nowhere
[12:03] {bruce} amzn was tricky - youhad right entry but downtick was sharp
[12:03] {Threei} EIA: OPEC NEEDS TO BOOST OUTPUT BY 300-500K BPD TO BUILD GLOBAL OIL STOCKS AND LOWER PRICES{USO OIH}
[12:05] {Threei} RIMM looks better for short
[12:05] {Threei} stop is very tight here
[12:06] {Threei} don't short into buying, wait for weakness to show up
[12:06] {Threei} ugh... too fast
[12:06] {Threei} leaving it alone for now
[12:07] {Threei} no point to try and play these 10 cents rapid moves
[12:08] {Threei} short .98
[12:08] {Threei} 100.05 stop
[12:09] {bruce} tsra going green
[12:10] {bruce} wow - terrific entry vad
[12:10] {Threei} doesn't want to drop with market though
[12:11] {Threei} and I don't want top take 10 cents profit :)
[12:11] {Threei} better
[12:12] {Threei} out half .75
[12:12] {Threei} +.23
[12:12] {Threei} if my math is right
[12:13] {Threei} out balance
[12:14] {bruce} nice - too bad it didn't drop further
[12:16] {bruce} nvda still trying to go long
[12:18] {Threei} GRMN .71 long half lot
[12:18] {Threei} .54 stop
[12:19] {Threei} under .50 invalidated
[12:21] {bruce} l grmn .65
[12:21] {dptl} got to go ....have a good the rest of the day
[12:21] {Threei} take care dp
[12:23] {bruce} out grmn .85 - voer 1 to 1 for me
[12:23] {Threei} I hate you
[12:24] {bruce} nasty thing to say about dp vadster
[12:24] {Threei} but he left
[12:24] {bruce} yes - you hurt his feelings
[12:24] {Threei} but after he lft
[12:25] {Threei} RIMM is serious about upswing...
[12:25] {bruce} k- thats it then - say nasy things behind peopls back
[12:26] {Threei} GRMN 1:1
[12:27] {Threei} don't oversit it guys
[12:27] {Threei} this is one tricky market
[12:27] {Threei} I am out
[12:27] {Threei} RIMM lost its mind
[12:28] {magoo} moving with mkt vad
[12:28] {magoo} bidu up too
[12:28] {Threei} much stronger
[12:28] {magoo} agree with that
[12:28] {Threei} it uses market help direction wise, yes
[12:28] {Threei} but look at it making new highs while NQ is far from it
[12:29] {magoo} agrree
[12:29] {Threei} and in the green territory while NQ is still underwater
[12:32] {Threei} PRESIDENT BUSH: OPEC MAKING A MISTAKE BY LETTING BIG ECONOMIES SLOW DUE TO HIGHER ENERGY PRICES
[12:39] {cosmo} AMAT
[12:39] {cosmo} 20 wall
[12:39] {cosmo} ...history
[12:41] {Threei} FED'S KOHN: WOULD BE VERY CAUTIOUS ABOUT OPENING THE DISCOUNT WINDOW MORE BROADLY
- says could widen the window in unusual cases, but widening increases moral hazard
[12:41] {Threei} - Does not think liquidity is issue in restarting financial markets at this time
[12:41] {Threei} - Says market confidence that can price assets properly crucial to market stability
[12:44] {magoo} out GTRMN here .21 TY
[12:45] {Threei} welcome
[12:45] {magoo} u out full?
[12:45] {Threei} yes
[12:47] {Threei} nice AMAT cos
[12:50] {cosmo} :)
[12:50] {magoo} if IF mkt resumes RIMM bouncer
[12:50] {bruce} any read flir here vad?
[12:51] {Threei} no
[12:51] {Threei} I am looking at FLIR daily
[12:51] {Threei} and hate what I see
[12:52] {bruce} k
[12:52] {Threei} it's like it was taken over
[12:52] {Threei} ummm... in this case, taken under
[12:53] {bruce} beat up bad - thought we might get p[op if broke .72
[13:00] {bruce} market selling off again
[13:06] {bruce} s nvda .54 stop .58
[13:07] {bruce} stopped
[13:17] {bruce} taking break
[13:17] {bruce} for anyone doing dino typre reversals - possible long setuup coming in mon
[13:26] {Threei} yo yo
[13:29] {Threei} FED'S MISHKIN: SUBPRIME DEFAULTS MOSTLY IN VARIABLE, NOT FIXED RATES, SUBPRIME MORTAGE MARKET 'DEAD AS A DOORNAIL'
[13:29] {Threei} what kind of language is that
[13:35] {Threei} now what?
[13:36] {Threei} no news on wires that would cause this
[13:36] {patience} ? what are you looking at vad
[13:37] {Threei} market sudden drop
[13:37] {patience} probably dino trading from mexico
[13:37] {Threei} he promised to stay with Corona
[13:37] {Threei} can't help himself eh
[13:38] {patience} i'm just jotting down my shopping list for the lows :)
[13:38] {Threei} Bre-X for me
[13:39] {Threei} this bounce shouldbe met with more sellig
[13:39] {Threei} looking to short RIMM, hopefully closer to .50
[13:41] {Threei} no chance
[13:42] {Threei} you know what
[13:42] {Threei} staying on a sideline
[13:42] {Threei} look at NASDAQ
[13:42] {Chaeron} can't lose $ that way.... :)
[13:43] {Threei} this is beyond psychotic
[13:46] {Threei} glad to see RIMM dropping off resistance .50 -.60, but this is pure theoretical joy
[13:46] {Threei} no way I risk a penny until market stabilizes
[13:49] {bruce} thats it - vads not trading for next 6 months
[13:51] {Threei} lol
[13:51] {Threei} or 5 minutes
[13:52] {bruce} I like mon short - but can't see low risk entry
[14:00] {Chaeron} AAPL -COO TIM COOK SAYS PLANS TO SELL IPHONE IN ASIA IN 2008
[14:04] {bruce} vad - you got a capitulation retrace trade for us?
[14:05] {bruce} 5 mins is up
[14:05] {Threei} nope
[14:05] {bruce} sheesh
[14:05] {bruce} not that I expected one
[14:13] {GeoArb} test
[14:17] {bruce} looks like another market drop coming - could short rimm here
[14:27] {Threei} MNTA half lot .60 break long
[14:29] {Threei} stop under .40
[14:29] {magoo} i like RIKMM long, any thought vad?
[14:30] {Threei} coin toss but why not as long as you are fine with stop size
[14:30] {Threei} .25 nearest support
[14:40] {Threei} if pattern of the last hour or so holds, it's a short time
[14:40] {Threei} RIMM with stop above .50
[14:40] {Threei} invalidated, wait for weakness
[14:41] {Threei} next resistance 100
[14:41] {Threei} it breaks, no play
[14:42] {Threei} broke
[14:42] {Chaeron} geeeesh
[14:42] {Threei} 100.5 is a bit too far
[14:42] {Threei} not likely to go close to it... but that's where stop would have to be
[14:42] {Threei} nearing
[14:43] {Threei} OK, in
[14:43] {Threei} stop .60
[14:43] {Threei} got .39 on entry
[14:43] {Threei} out
[14:44] {Threei} .10 and .13
[14:45] {Threei} that was frikin fast
[14:45] {Threei} anyone managed?
[14:46] {bruce} noppers
[14:46] {Chaeron} tried and missed entry
[14:46] {Chaeron} nice job tho
[14:53] {magoo} keep looking vad
[14:53] {magoo} ill take next one
[14:57] {Threei} want RIMM pullback closer to .30 for long
[14:57] {Threei} here it is, first strength from here
[14:58] {Threei} stop under .20
[14:58] {Threei} over 1:1
[14:58] {Threei} lol
[14:58] {magoo} in
[14:59] {Threei} feel free to take profit whenever
[14:59] {magoo} out .78
[14:59] {Threei} you are about 50 cents
[14:59] {magoo} TY
[14:59] {Threei} welcome
[15:00] {magoo} 101 break a long vad?
[15:01] {Threei} not by me
[15:01] {Threei} I don't buy breaks at the top of vertical movement
[15:01] {magoo} in out .34
[15:02] {Threei} pullback or consoldiation or bust for me
[15:03] {magoo} 102 in the cards imho
[15:04] {Threei} mama mia...
[15:04] {Threei} I don't think I've seen such moves as we see today
[15:04] {Threei} EVER
[15:05] {magoo} symbol??nothing
[15:05] {magoo} EVER?
[15:09] {Threei} sigh
[15:10] {Threei} ever - as in never seen anything like this
[15:10] {Chaeron} dang.... looking on L2 for EVER too magoo....
[15:10] {Threei} MNTA, feel free to take scalp
[15:10] {Threei} even though it's not at 1:1
[15:10] {Threei} don't want to be formal here, tyhis is very informal market
[15:12] {magoo} chaer:)
[15:14] {magoo} feels like 104
[15:15] {magoo} or close easy]in
[15:16] {magoo} out
[15:19] {magoo} VAD..where reentry long RIMM?
[15:20] {Threei} in the nearest pub
[15:21] {magoo} if IF mkt comtinues...105
[15:22] {magoo} but..mkt may roll too
[15:22] {Threei} no seriously guys
[15:22] {magoo} tell u..i don't care either way as long as it moves with conviction
[15:23] {Threei} have a look at intraday NDX or COMPX or QQQQ or whatever you use for nasdaq
[15:23] {magoo} QQQQ here
[15:23] {Threei} anyone ever saw day like this?
[15:23] {magoo} uh..yesterdsay
[15:23] {Chaeron} sure.... in the futures pits....
[15:24] {Threei} that's only if you haven't ducked that elbow chaeron
[15:24] {Chaeron} heheh... still hurts when I press on it
[15:25] {magoo} but really..and this sux..everyday u say it looks like drunken dsonkey
[15:26] {Threei} why sux... add up today's calls, quite nicely in the money
[15:26] {Threei} had to be extra careful today and sit out a bit bigger portion of the day thaan usual
[15:26] {Threei} but who cares, it's the end result that matters
[15:27] {magoo} im struggling w/mkt
[15:27] {Threei} you know very well it's bound to change
[15:27] {Threei} we had it very easy in the fall
[15:28] {Threei} so so in the winter
[15:28] {Threei} extra careful trading right now
[15:28] {Threei} what's next?
[15:29] {Chaeron} we return to the 1999 type of trading :)
[15:29] {Threei} think of market as one of aspects of life... just as in any other aspect, bellyful to famine and back
[15:30] {Threei} 1999 is a honeymoon type of trading
[15:30] {Threei} can do no wrong
[15:30] {Threei} if it's ever coming back, I'll take it :)
[15:35] {Chaeron} *sigh*..... (RIMM)
[15:35] {Chaeron} calling 105 mags?
[15:35] {magoo} yes
[15:35] {Threei} I do
[15:36] {magoo} in out several
[15:36] {Threei} but I don't know which year
[15:38] {Threei} held 104 on opullback
[15:38] {Threei} can try with stop just under
[15:39] {Threei} in
[15:39] {Threei} .07
[15:39] {magoo} need mkt spike
[15:40] {Threei} what, we are out of those??
[15:40] {Threei} yeah
[15:40] {Threei} anyway, stop under .90
[15:40] {Threei} h\ere comes spike
[15:40] {magoo} in w/ya
[15:41] {Threei} come on RIMM
[15:41] {Threei} half out
[15:41] {magoo} kicking it
[15:43] {magoo} GggggOOOOOOOOOOOOOOOO
[15:43] {Threei} dizzy yet?
[15:44] {Threei} I am geting seasick
[15:44] {bruce} thats rimmsick vad
[15:44] {Threei} lol
[15:46] {Threei} I am not looking... are we there yet?
[15:47] {Threei} out balance
[15:48] {Threei} the way it goes today, will regret most likely :)
[15:48] {magoo} tough
[15:48] {Threei} lol
[15:48] {magoo} killing my eyes
[15:48] {Chaeron} .......I quit..... LOL
[15:48] {Chaeron} lost $22 and happy...
[15:49] {Threei} why not partial out when it spikes?
[15:49] {Chaeron} only got partial... too small
[15:50] {Chaeron} partial in that is
[15:51] {Threei} tomorrow I am goling to take first trade, skip two or three next, then start taking them again closer to eod
[15:51] {Threei} looks like those I win
[15:51] {Threei} last few days that is
[15:56] {magoo} gooooooooooooooo
[15:56] {magoo} rimm
[15:57] {bruce} you in mags - Hope so - I got stopped
[15:57] {Threei} careful mags, time is almost out
[15:58] {Threei} 2 min
[15:59] {Threei} 1
[15:59] {Threei} get out please, will ya?
[15:59] {magoo} out .73 TY
[15:59] {Chaeron} nice job
[15:59] {Threei} whew
[15:59] {magoo} no kidding
[15:59] {Chaeron} never seen you plead before Vad :)
[15:59] {Threei} thank you all guys, have a good evening, see you tomorrow in our asylum
[15:59] {magoo} vad wait..agree w/you
[16:00] {Threei} that was "please with trout in hand" chaeron
[16:00] {Chaeron} ah
[16:00] {magoo} i losing early everyday and fightoing back
[16:00] {magoo} we need to be aware of this
[16:00] {Threei} we are
[16:01] {Threei} but when I sit out, you trout me demanding a trade
[16:01] {Threei} :)
[16:01] {bruce} presonally - I'm getting killed- missing almost all vads wining trades and catching the losses
[16:02] {magoo} i struggling too..they are fast
[16:02] {Chaeron} I'm missig a few by a penny or two... frustrating bruce... not an easy day
[16:02] {Chaeron} damn... it's over???
[16:03] {bruce} I know chaer- frustrating though
[16:03] {Chaeron} yep... and I still am looking for more.. LOL (masochist)
[16:03] {bruce} yeah - you have to trade post mket if you want some more fun
[16:04] {Chaeron} naaaaaa. rather go to Vegas for that..... free drinks when you gamble there
[16:04] {Chaeron} bye all. Thanks Vad and everyone
[16:04] {Chaeron} UPDATE: DAVENPORT RAISED GRMN TO NEUTRAL FROM SELL
[16:04] {magoo} bye chaer
[16:04] {bruce} night all
[16:04] {magoo} bruce:)
[16:05] {bruce} have a brew for dino there mags
[16:05] {magoo} i all alone, but hey..OK
[16:05] {bruce} yeah - no fightingat the fridge
[16:06] {bruce} bet dnos pouring em back
[16:11] {magoo} oh yeah they are