Session Time: Tue Mar 11 00:00:00 2008
[08:30] {Threei} FED ANNOUNCES NEW LENDING TOOLS
[08:31] {Threei} JAN US TRADE BALANCE: -$58.2B V -$59.5BE
- Prior revised from -$58.8B to -$57.9B
[08:33] {magoo} morning, still had to use alternate server, sigh
[08:33] {Threei} hi mags
[08:33] {Threei} some can use regular one, some have to go to reserve
[08:33] {Threei} not sure why propagation is taking that long
[08:34] {Threei} usually when it happens, 3 days is enough for eliminating issue for everyone
[08:39] {Threei} FDA STAFF NOTES: AMGN AND JNJ ANEMIA DRUGS TIED TO DEATH, TUMOR SPREAD IN 8 TRIALS - WIRE HEADLINE
[08:53] {Threei} not only big market move but has a sustainable look so far too
[08:55] {Threei} BSC, what a move
[08:58] {cosmo} shell game?
[08:59] {cosmo} ie....new terminology?
[08:59] {dptl} good morning all
[08:59] {Threei} dp :)
[08:59] {Threei} who knows cosmo
[09:00] {Threei} Fed lends 200 B
[09:00] {Threei} that's an awful lot of liquidity pumped in
[09:00] {Threei} staves off immediate financial worries
[09:00] {cosmo} beware of liquifaction i say
[09:03] {magoo} why everything gapping so big? news?
[09:04] {Threei} posted headline earlier
[09:04] {Threei} here is full text
[09:04] {magoo} i see, siorry
[09:04] {Threei} FED ANNOUNCES NEW 28-DAY LENDING TOOLS "TSLF" IN COORDINATED CENTRAL BANK OPERATION; PLANS TO LEND UP TO $200B TO PRIMARY DEALERS
- Increases swap lines with ECB to $30B and SNB to $6B (represents increases of $10B and $2B respectively).
[09:04] {Threei} - Accepting agency and private mortgage debt as collateral and non-agengy AAA/Aaa rated private MBS's (Represents about $340B of increased liquidity offered by the Fed in the last week).
[09:04] {Threei} - "TSLF" = Term Securities Lending Facility (28-day primary dealer lending facility) Auctions set to begin on 3/27/08 and will be held on a weekly basis.
[09:04] {Threei} - ECB states it will offer further USD liquidity to banks in March.
[09:04] {Threei} - Fed states it also coordinated with Bank of Canada, BOE and ECB in this operation.
[09:05] {Threei} look at TMA
[09:06] {Threei} mbi
[09:06] {Threei} abk, bsc
[09:06] {Threei} financials are popping
[09:07] {Threei} market thinks it's a right move by fed
[09:08] {cosmo} CROX
[09:08] {cosmo} pre mkt high = 19.50 fwiw
[09:08] {Threei} QCOM
[09:08] {Threei} BOOSTS DIVIDEND 14.2% TO $0.16 FROM $0.14; ANNOUNCES $2B BUYBACK (3.17% OF MARKET CAP)- Effective for quarterly dividends paid after March 28.
[09:09] {Threei} oil and gold drop
[09:09] {Threei} USD strength
[09:09] {Threei} NQ consolidation of JBE type
[09:10] {Threei} did Fed finally hit the right note?
[09:11] {magoo} dunno..i know sometimes these big gap mornings are hell to trade
[09:12] {Threei} true
[09:14] {magoo} but, if IF the momo continues..we need to look at usual suspects and ride the wave..even if for only a day
[09:15] {Threei} that's where we always look... the big if is that IF :)
[09:16] {cosmo} ....as if there is no tomorrow...
[09:16] {magoo} thats why i said it twice boss
[09:19] {magoo} the shorts must be p@ssed vad
[09:21] {ThurstonHowellTheThird} gm all
[09:21] {Threei} thtt :)
[09:21] {Threei} I know I would magoo
[09:27] {dino} gm
[09:27] {Threei} dino :)
[09:28] {magoo} RIMM level 2 really moving
[09:28] {GeoArb} good morning
[09:29] {Threei} goe :)
[09:29] {Threei} geo
[09:29] {magoo} your game :)
[09:32] {bruce} rvbd long break vad?
[09:32] {bruce} forget it
[09:32] {Threei} I don't see any setup on it at this point, just jump out of the gate
[09:33] {bruce} agreed - too late
[09:33] {bruce} wheres lum? - his kind of morning
[09:33] {magoo} csiq and coin up too..not in
[09:34] {magoo} aapl pulled or pulling back
[09:34] {bruce} add skf to watch dino
[09:35] {magoo} wow..its hammered bruce
[09:35] {bruce} you bet mags
[09:35] {bruce} we have pullback in rimm now vad
[09:36] {Threei} I am wastching if it gets closer to 96.50
[09:36] {dino} ultra short bruce
[09:36] {bruce} k vad
[09:37] {magoo} 96.50 support area vad?
[09:37] {Threei} can try .81 long now if holding above .70
[09:37] {magoo} how about aapl vad?
[09:38] {Threei} fast selling under .50 on RIMM gets interesting
[09:39] {Threei} one more leg down and will be impossible to resist
[09:39] {magoo} like 95.75 area?
[09:39] {magoo} or lower?
[09:39] {bruce} looks like those long pushes on open not holdning vad
[09:39] {Threei} too late, jumped
[09:40] {magoo} aapl day low
[09:43] {Threei} QCOM .19 short if holding under .30
[09:45] {esemde} ah ha....finally in...good morning
[09:45] {Threei} ese :)
[09:46] {Chaeron} GM all...
[09:46] {Threei} chaeron :)
[09:46] {Threei} 1:1 QCOM
[09:49] {Threei} 1:a lot
[09:49] {Threei} out in full
[09:49] {magoo} nice vad
[09:49] {Threei} will calculate later
[09:51] {Threei} BLOG
[09:51] {Threei} half lot long on .70 break
[09:51] {Threei} .45 stop
[09:58] {dino} grmn l .75 sm
[09:59] {Threei} BLOG over 1:1
[10:00] {dino} sm l smts .81
[10:06] {Threei} BCS .49 short if stays under .70
[10:11] {Threei} stop .61
[10:20] {dino} grmn stop to b/e
[10:23] {Chaeron} .
[10:24] {Threei} out
[10:24] {dino} grmn to .25
[10:24] {bruce} stopped bcs
[10:25] {dino} out grmn .35, +.60
[10:25] {bruce} initially misread that vad - thought yuou had posted bsc
[10:27] {Threei} BSC looks more like long
[10:27] {Threei} but volatility is horrific
[10:28] {dino} smts stop to .34
[10:31] {dino} expect slip, to .49
[10:32] {dino} out .48, smts +.67
[10:32] {bruce} exactly
[10:33] {Threei} RIMM short with stop above .50
[10:34] {bruce} vrsn long vad? - not sure there is enough volume
[10:34] {Threei} I wouldn't bruce
[10:37] {Threei} NQ is ready to drop it seems
[10:39] {bruce} k
[10:39] {bruce} s rimm at .25
[10:39] {Threei} wow... sold BLOG too soon
[10:42] {Threei} die already RIMM
[10:42] {Threei} half out from .36
[10:42] {magoo} rimm entry u get??
[10:43] {magoo} oops
[10:43] {Chaeron} .39 here
[10:43] {magoo} ok
[10:43] {bruce} nice vad - my .25 entry was bad
[10:43] {Threei} a bit too far from resistance yeah
[10:44] {dino} teloz
[10:48] {bruce} out of rimmsky - tiny win
[10:49] {Chaeron} die already market......
[10:49] {dino} lol chaer
[10:55] {Threei} out RIMM balance
[10:56] {Threei} starts looking like long on .50 break
[10:57] {magoo} in rimm l
[10:57] {Threei} stop under .30
[10:57] {Chaeron} in
[10:58] {Chaeron} go already market........ :)
[10:58] {Threei} lol
[10:58] {magoo} hey..u wanted die :)
[10:58] {Threei} market is badly confused chaeron, mixed messages by you
[10:58] {Chaeron} yeah... like it doesn't do the same to me...
[10:59] {dino} teloz sm l .20
[10:59] {dino} wide risky
[11:00] {magoo} power upppppppppp
[11:03] {Threei} can't decide between scalp and hold, lol
[11:06] {Threei} come on NQ, blast through 1710
[11:07] {Threei} 1:1
[11:07] {Threei} 1.5:1
[11:07] {Threei} lol, my math abilities get challenged
[11:07] {Threei} 1:2
[11:07] {Threei} out
[11:07] {Threei} that's 4 out of 5 today
[11:08] {Threei} on a big gap day which are never easy
[11:09] {Threei} you all are silently pocketing profit or fell asleep and forgot to sell?
[11:09] {Chaeron} I don't believe it..... got confused for a sec... hit buy @ .87 thinking I was covering short when I was long from .52... hit market sell immediately and made an additional 3 cents...... *whew*
[11:09] {Chaeron} I need a vacation....
[11:09] {Threei} lol
[11:09] {dino} teloz stopped
[11:10] {Threei} see, trying to confuse market you ended up confusing yourself
[11:10] {Chaeron} now it goes to 98
[11:10] {magoo} still in
[11:10] {Threei} as russian saying goes... don't dig the hole for someone else for you are the one likely to fall in it
[11:10] {Chaeron} oh... many thanks Vad... nice one... slow but nice
[11:11] {Chaeron} that one sounds better in Russian.. :)
[11:11] {Threei} RIMM slow... who would have thought we were to hear that ever
[11:12] {magoo} out 96
[11:12] {magoo} TY vad
[11:12] {tomg} me too, ty vad
[11:12] {ThurstonHowellTheThird} I wish I would've played RIMM :(....but still good morning on other trades :) thanks Vad
[11:13] {Threei} welcome guys
[11:13] {magoo} U DA MAN
[11:13] {Chaeron} there will be more Mr. Howell
[11:14] {GeoArb} quick question ....do people here use a separate charting software than their execution platform?
[11:14] {ThurstonHowellTheThird} I'm kinda sketchy 'bout RIMM APPL.....old war wounds
[11:14] {GeoArb} for e.g esignal AND laser
[11:15] {Threei} why Geo
[11:16] {Threei} laser has its own charting
[11:16] {Chaeron} nice ones too :)
[11:16] {GeoArb} i guess its my distrust holdover from my futures trading days
[11:16] {Threei} I see no need for axtra expense
[11:16] {GeoArb} never show setups on execution...... so curious
[11:17] {GeoArb} ok
[11:17] {ThurstonHowellTheThird} esignal is excellent but too expensive unless you're making consistant $$$
[11:17] {GeoArb} i have tradestation with some programmed patterns... so wondering if i need it
[11:17] {GeoArb} will trade thru laser though
[11:18] {Chaeron} never a slow ex on Laser with me Geo... too fast sometimes... (cause of my second doubts :)
[11:18] {GeoArb} ok
[11:18] {GeoArb} thanks guys
[11:20] {bruce} personally geo - I just use laser - hate the charts though - esignal is much cleaner and easier to read
[11:20] {magoo} personnally, laser charts are by far best i've used
[11:20] {magoo} been w/ 5 other brokers too before laser
[11:21] {bruce} don't want to spend money on extras now but would get esignal if capital allowed
[11:21] {GeoArb} thanks for the tips... starting to close down tradestation
[11:21] {GeoArb} 5k stuck there for no reason
[11:21] {ThurstonHowellTheThird} Its better to get used to chartware like Lasers...I know some guys that get used to the luxuries of esignal and then cant go back to basic chartware ever again
[11:21] {GeoArb} true
[11:22] {GeoArb} i have wasted months on ninja... then realized i was enjoying programming it more than trading so left :)
[11:22] {GeoArb} simplify
[11:23] {bruce} if you do any longer term trades it's nice to have a wekly chart - and laser doesn't even have that at all
[11:23] {GeoArb} i can always use my longtermbroker for that
[11:23] {GeoArb} thanks
[11:23] {GeoArb} dont want to distract you guys from making money too much :0
[11:23] {Threei} iof you ned weekly chart why would need any software at all?
[11:24] {Threei} go to yahoo or any other financial webpage
[11:24] {Threei} and get it for free
[11:24] {dino} indeed
[11:24] {GeoArb} yes
[11:24] {Threei} it's not like you need weekly chart real time
[11:24] {magoo} u gonna get it now bruce : )
[11:24] {bruce} true vad - justa nuisance to look up diferent places
[11:24] {Threei} 15 min delay is acceptable I'd think :)
[11:25] {Threei} I'll be damned if I pay for whol,e other charting package to avid that nuisance :)
[11:25] {GeoArb} i must say this is one of the most focussed rooms i have been in
[11:25] {Threei} avoid
[11:25] {GeoArb} thanks guys
[11:26] {dino} you won't thank us when your memory goes
[11:26] {dino} :)
[11:27] {dptl} wm news or what?
[11:27] {dino} y
[11:27] {Threei} HEARING RENEWED RUMORS THAT WM WILL GET A CAPITAL INFUSION FROM WARREN BUFFETT - today's rumor is that Buffett will infuse about $3B into WM through a 9% convertible security
[11:27] {dptl} oh...ty
[11:27] {magoo} WaMu?
[11:28] {Threei} over 1.5 points on vague rumor?
[11:28] {bruce} bsc may bounce near here dino
[11:29] {magoo} RIMM may xplode..mot in yet
[11:29] {dino} hmmm bsc, might be easier to short wm
[11:30] {magoo} ii sent warren email...my acct needs modest capital infusion
[11:30] {dino} lol
[11:31] {magoo} hey vad..have u noticed imprionvemt in my typing?
[11:31] {magoo} been taking a class
[11:31] {Threei} I did too but I probably shouldn't have informed him that I intended to disappear in thin air forever after that infusion
[11:31] {dino} just what we need, more from magoo
[11:31] {Threei} I suspect that could make him a little hesitant
[11:31] {Chaeron} "imprionvemt " - what a word to mess up on in that last post.. LOL
[11:31] {bruce} nvda possible long setup here
[11:32] {Threei} chaeron... I was getting myself off the floor about that :)
[11:32] {Threei} certain imprionvemt mags... but got more work to do still
[11:32] {dino} snmx
[11:32] {Threei} goods start though
[11:35] {bruce} out nvda - qucik scalp +.10
[11:36] {dino} gj
[11:37] {bruce} lol peanut trade dino but stop was only 3c
[11:38] {dino} it all adds up
[11:38] {bruce} yes
[11:41] {Threei} I for one never ignored those
[11:41] {bruce} any thoughts on rimmsky as retracement long vad?
[11:41] {Threei} when I see little but very clear and reliable scalp I grab it
[11:41] {bruce} looks like support about .50 with trend up now
[11:41] {Threei} no, not very clear bruce
[11:41] {bruce} k
[11:41] {Threei} can work or fail with the same odds
[11:42] {Threei} and stop is not as negligible that could grab it for the little risk alone
[11:42] {bruce} I like it long here - market not helping though
[11:45] {GeoArb} one more Q :) trade the news text vs briefing?
[11:45] {GeoArb} any tips?
[11:46] {Threei} brie4fing is not exactly news service
[11:46] {GeoArb} ok
[11:46] {GeoArb} seems TTN is 85 after realitytrader discount for equities
[11:46] {Threei} hmm?
[11:46] {Threei} that sounds very high
[11:47] {Chaeron} 45
[11:47] {Chaeron} for text only
[11:47] {GeoArb} https://www.tradethenews.com/subscribe.asp
[11:47] {GeoArb} they seem to have realllly bumped it up
[11:48] {GeoArb} 45 is marco and fx now
[11:48] {GeoArb} macro
[11:49] {GeoArb} thats almost dowjones newswire prices
[11:52] {dino} bcs bstop to .10
[11:53] {dino} cov .09, +.41, smaller size, wider
[11:53] {Threei} not sure what gives geo, first time I see these prices
[11:54] {Threei} I have name and phone of their rep somewhere, can dig it out for you if you want to give him a call
[11:54] {ThurstonHowellTheThird} inflation?
[11:54] {ThurstonHowellTheThird} :)
[11:54] {Chaeron} Joe Pedo
[11:55] {magoo} don pepino
[11:55] {dino} don paublo
[11:55] {GeoArb} yup just spoke to him
[11:55] {bruce} out rimm +.23 - quick scalp from .17
[11:55] {dino} gj
[11:55] {Threei} what did he say?
[11:55] {GeoArb} joe.... he said "prices hae gone up" i said it would have been nice to let me know while i am on trial
[11:55] {dino} ehth
[11:55] {GeoArb} they doebled over weekend :0
[11:56] {magoo} bastards : )
[11:56] {Threei} these are "don't blink" times eh
[11:56] {GeoArb} he is going back to see "what he can do for me"
[11:56] {GeoArb} i told him for 90 bucks why not get dowjones realtime?
[11:56] {Chaeron} 212/884.8094 - Joe Pedo direct... tell him Vad sent you :)
[11:57] {GeoArb} yeah thats the guy
[11:57] {GeoArb} he knows
[11:57] {dino} vivo fast fall
[11:58] {Threei} tell him he can halve the price for you
[11:58] {GeoArb} :)
[11:58] {Threei} that would lead to your satisfaction
[11:58] {GeoArb} i told him not good practice tro keep me on trial while doubling in background
[11:58] {GeoArb} heh
[11:58] {Threei} aso who hasn't heard yet - over next weekend RT doubles in price
[11:59] {GeoArb} i am grandfathered for life !!!!!!!!!!!!!!!!!!!!!!!!!!!!!
[11:59] {Threei} actually... why bother, make it triple
[11:59] {GeoArb} OK JUST GOT OFF THE PHONE
[12:00] {ThurstonHowellTheThird} I would understand if the price of Vodka tripled...
[12:00] {magoo} whats RT vad??
[12:00] {GeoArb} oops
[12:00] {dino} ahhh, tequila too th3
[12:00] * Threei slaps magoo around a bit with a large trout
[12:00] {GeoArb} he said anyone on trial before this weekend will get grandfathered in at 45
[12:00] {GeoArb} rst 85
[12:00] {Threei} :)
[12:00] {GeoArb} phew.... wheat prices really affected it
[12:00] {Threei} lol
[12:00] {GeoArb} thanks vad
[12:00] {Threei} damn ethanol
[12:02] {dino} ehth l sm .90
[12:02] {bruce} stop drinking the stuff vad
[12:03] {dino} lol
[12:03] {dptl} lol
[12:03] {Threei} fine... if you all insist... back tro bathtub vodka
[12:06] {bruce} and russian moonshine
[12:06] {curtisweese} woot! back
[12:07] {bruce} was your kinda morning curits
[12:07] {curtisweese} yeah i bought 4000 shares of microsoft last night.......paid off huge....whew
[12:08] {curtisweese} 28 entry and 28.75 exit
[12:08] {curtisweese} not smart, but lucratrive ...lol
[12:08] {curtisweese} does rimm look like a short right here? i've been playing it for a bit
[12:08] {bruce} we noticed
[12:09] {curtisweese} mrkt is taking it up still looks like
[12:11] {curtisweese} s RIMM really tight stop....(i'm a newbie though!) 95.57 is what i entered at
[12:13] {Threei} hi curtis
[12:13] {curtisweese} hey!!!
[12:15] {bruce} you keep teling us you're a newbie
[12:15] {bruce} and picking off 50c in trades plus curtis
[12:15] {curtisweese} i don't want anyone to lose money on something i say.
[12:15] {bruce} we're all so sorry for you
[12:17] {bruce} vad - rimm long on .70 break w 20 stop?
[12:17] {Threei} not delighted bruce
[12:17] {dino} lay him out bruce, lol
[12:17] {bruce} k
[12:17] {bruce} suck a lemon vad
[12:18] {curtisweese} out on RIMM short -$.1
[12:18] {bruce} will cheer you up
[12:22] {magoo} i think rimm dgonna go
[12:22] {curtisweese} short RIMM 95.74 hehehhe
[12:22] {magoo} u won't be laughing
[12:28] {curtisweese} out on RIMM short +$.21
[12:28] {curtisweese} should have sold half only, but was scared :(
[12:28] {magoo} good read on it : )
[12:28] {magoo} laugh away
[12:28] {bruce} you were right vad - long din't hit one to 1 on that one
[12:28] {curtisweese} i was about to do it and then you said it too, so that was enough for me to tap the button...lol
[12:29] {curtisweese} maybe my exit was right point....looks to bounce back now with market
[12:30] {ThurstonHowellTheThird} curtis: so you are saying magoo is contrarian indicator for RIMM? :)
[12:30] {curtisweese} lol
[12:30] {curtisweese} i think we get a .20 pop hear for the teacup handle
[12:31] {curtisweese} bought 95.46
[12:34] {curtisweese} out on RIMM -$.10 again
[12:36] {curtisweese} i think my stop was too tight....sigh
[12:38] {curtisweese} or not......whew!
[12:38] {bruce} stop looking pretty nice now isn't it?
[12:38] {curtisweese} yes....very
[12:38] {curtisweese} now it is short city
[12:39] {bruce} yes - seems so
[12:39] {curtisweese} then back up again then down then up then down
[12:39] {bruce} may bounce on 95
[12:46] {curtisweese} yeah, i think market may take some profits and RIMM lose $1 with it, but i hate doing those long shorts.....way too scary
[12:46] {magoo} naz double bottom here vad?
[12:47] {Threei} breakdown is equally probable here
[12:47] {Threei} don't pish it right now
[12:47] {Threei} push
[12:48] {Threei} it's a kind of defining moment for today,
[12:48] {Threei} bear takes over again or bull stumps it out
[12:48] {dino} ehth stopped -.44
[12:48] {Threei} my personal bet would be on bear
[12:48] {judi} ............................................................................................................
[12:48] {Threei} but I don't want to get between them right now
[12:48] {magoo} waiting for u and "the pitch" as coach dino would say
[12:49] {curtisweese} s RIMM again...hehehe... 95.02
[12:51] {curtisweese} out at 95.02...just paid the $7 trade fee and bailed......chickened out!! doh
[12:51] {judi} still looking rimm? long or short?
[12:52] {curtisweese} darn! i'm such a chicken...sigh
[12:53] {curtisweese} would have been a huge play
[12:55] {Threei} SEC"S COX: AGENCY AHS COMFORT WITH BSC'S CAPITAL
[12:55] {Threei} this is what sent indices up just now
[12:55] {Threei} IMO... this bounce won't hold
[12:56] {curtisweese} s RIMM again 95.06
[12:56] {Threei} BSC rumors were largely discounted as unsubstantil before this news
[12:57] {curtisweese} too early...doh!!!
[12:57] {judi} just did rimm .10 long
[12:57] {Threei} sheesh... you guys are all so trigger happy :)
[12:59] {Threei} amazing timing whoever did that headline... just when market lost important support and was ready for a plunge
[13:00] {magoo} plunge control team vad
[13:00] {Threei} if that's them, gotta give it to them...
[13:01] {curtisweese} that one hurt. -$.23 on short...doh
[13:01] {dino} efut
[13:01] {Threei} curtis, wait a second before entering next one
[13:01] {Threei} let me say couple words
[13:02] {curtisweese} ok....
[13:02] {Threei} promise you won't hit entry until I am done? :)
[13:02] {curtisweese} yes
[13:02] {Threei} 'cause with you it's alway a question, you know, lol
[13:02] {curtisweese} hahaha
[13:02] {Threei} this last entry on a short side was IMO pure impulsive trade on your part
[13:02] {judi} what's lol?
[13:03] {Threei} never take the trade like this on price alone
[13:03] {curtisweese} laugh out loud
[13:03] {Threei} laughing out loud, judi
[13:03] {Threei} here is what I mean
[13:03] {Threei} some trades allow for particular very defined setup
[13:03] {Threei} in such cases we call it to the cent,
[13:03] {Threei} like:
[13:04] {Threei} .51 trigger, .129 stop
[13:04] {Threei} but then there are others,
[13:04] {Threei} they have general idea of the trade, for instance:
[13:04] {Threei} short bounce into resistance 25.50
[13:04] {Threei} on this kind you don't go just off the price .50,
[13:05] {Threei} you need action to confirm that resistance holds
[13:05] {curtisweese} ahh
[13:05] {Threei} as an example:
[13:05] {Threei} stock bounces into .50,
[13:05] {Threei} can't break it,
[13:05] {Threei} retreats to .40,
[13:05] {Threei} bounces into .50 again,
[13:05] {Threei} can't break it
[13:05] {Threei} and loses .40
[13:05] {Threei} This is where you get your short on .40 breakdown
[13:05] {judi} referring to a specific stock as example?
[13:06] {Threei} If however you try to short of the price alone
[13:06] {curtisweese} i'm too greedy and trying to get the extra .10 which is wrong
[13:06] {Threei} you run risk to short into pure buying
[13:06] {Threei} and stock will simpl,y run you over cutting through that resistance
[13:06] {Threei} no judi, describing typical scenario
[13:06] {curtisweese} how about a team short now? :)
[13:07] {Threei} have a look at RIMM right now
[13:07] {Threei} .60 closest resistance,
[13:07] {Threei} .45 closest support
[13:07] {Threei} you want a structured meaningful short - short break of support IF resistance is holding
[13:07] {Threei} then you have nicely defined stop above .60
[13:08] {Threei} and good chance for your tarde to work
[13:08] {Threei} it's up to trading gods whether it works or not of course
[13:08] {Threei} but you did your part
[13:08] {curtisweese} i shorted it at .4
[13:08] {Threei} and have a look ... you got 1:1 already
[13:09] {Threei} with that short into spike you didn't even have a criteria for a stop placement
[13:09] {curtisweese} out +$.18
[13:09] {Threei} as chart never showed any indication of the nearest resistance.
[13:09] {Threei} don't shoot from the hip, structure your trades
[13:09] {curtisweese} should have done half, but am gunshy ...which is good!
[13:09] {Threei} you have one good book in your possession
[13:10] {Threei} which describes the process of structuring the trade in such details
[13:10] {Threei} that I want to shake author's hand if/when I meet him
[13:10] {Threei} read it, follow it
[13:10] {Threei} it's not there just for show, trust me
[13:11] {judi} which book?
[13:11] {Threei} The Master Profit Plan
[13:11] {Threei} I know curtis has it
[13:11] {Threei} (I also suspect he never bothered to read more than table of content)
[13:11] {judi} author? you?
[13:11] * Threei is hiding under the nearest rock
[13:11] {Threei} yes, lol
[13:12] {dino} lol
[13:12] {curtisweese} hahahahah...no, i've read about half of books.....went through all videos though....next week i finish everything
[13:12] {dino} bruce efut
[13:12] {Threei} cool beans curtis
[13:12] {curtisweese} i have to take off early for dr appt today.....blech!!!
[13:13] {Threei} I hope blech is not the diagnosis
[13:13] {dino} no, beans are the problem
[13:13] {Threei} oh boy... crawling under the desk laughing
[13:19] {curtisweese} bought RIMM breaking through 95.61
[13:19] {judi} still looking at rimm?
[13:21] {curtisweese} out +.$.10
[13:21] {curtisweese} just getting back the .10 i lost earlier
[13:21] {curtisweese} now for the .20 i lost
[13:26] {curtisweese} in on RIMM from 95.82
[13:27] {curtisweese} .out on RIMM +.11
[13:27] {magoo} boy that guy can dance
[13:29] {judi} vad are we watching rimm, resistance became 96.01, now keeping going up or what?
[13:29] {bruce} you shorted efut dino?
[13:30] {Threei} I don't have any clean setup here for it
[13:30] {dino} couldn't get it
[13:31] {judi} that's what we want to understand, we see it go and want to jump in, know it's wrong
[13:31] {Threei} the reason for entry is a valid setup in terms of one's sytem, not simply the fact of the movement
[13:31] {bruce} k
[13:32] {bruce} watching wlp for long dino
[13:33] {dino} ouch
[13:34] {bruce} still a short at moment
[13:35] {dino} aet may be safer
[13:35] {dino} masi bounce in the mking
[13:36] {dino} darn patrial fill 100 at .30
[13:38] {curtisweese} RIMM looks to hve bounced off resistance....i'm in at 96.07 for the short
[13:39] {bruce} aet looks good
[13:39] {bruce} long .70
[13:39] {bruce} stop .62
[13:40] {curtisweese} out on RIMM short +.09 only
[13:41] {curtisweese} i will try and get back before close.....thanks for the lessons Threei....you da man!!!!@2
[13:41] {curtisweese} should have stayed with that short...doh
[13:42] {judi} what's doh?
[13:42] {curtisweese} homer simpson
[13:43] {curtisweese} cartoon "The Simpsons"
[13:44] {dino} cracking me up
[13:54] {judi} nvda set up? earlier cup handle?
[13:55] {Threei} questionable one
[13:55] {judi} k
[13:55] {Threei} has a chance to work if NQ stages big move
[13:55] {Threei} but overall, it's a bit narrow today
[13:55] {Threei} would require a lot of help from market
[13:56] {judi} good to know
[14:00] {magoo} can someone here convert millimeters {mm} to inches for magoo??
[14:00] {Threei} how many mm?
[14:00] {magoo} 740 mm
[14:00] {bruce} rimm long at .97 if holding 96}85?
[14:01] {bruce} invalid
[14:01] {magoo} id rather play it on pullbk bruce
[14:01] {Threei} 29.134 inch
[14:01] {bruce} k
[14:01] {magoo} TY boss
[14:01] {Threei} that's an additional service by RealityTrader
[14:02] {magoo} 1 more please....802 mm
[14:02] {Threei} we will convert your metrics to those wird measurement units
[14:02] {Threei} 31.574
[14:03] {magoo} nice...ty really
[14:12] {curtisweese} i'm late! just bought miscrosoft to sit on while at the doctor....hehehhehe...29.90 entry
[14:12] {curtisweese} i mean 28.90!!!
[14:12] {Threei} you just can't stay in cash, can you?
[14:13] {curtisweese} i don't like missing the big moves :(
[14:13] {curtisweese} the up ones that is
[14:13] {curtisweese} i live in seattle...everyone owns msft but me
[14:14] {bruce} you do no curtis
[14:14] {bruce} now
[14:14] {curtisweese} at least for a little bit
[14:15] {bruce} vrsn holding at highs vad
[14:15] {dino} masi stop to .50
[14:15] {Threei} almost carbon copy of NQ
[14:16] {dino} carbo copies, blast from the past
[14:16] {dino} carbon
[14:16] {curtisweese} i pushed dr appt back so i have more time
[14:17] {Threei} I would play it only if NQ makes shrp move and VRSN follows witrh little delay for entry
[14:17] {curtisweese} run MSFT run!!!
[14:20] {dino} to .60 stingy
[14:20] {curtisweese} there is a big windstorm at my house right now and my power goes out a lot, so msft is a lot safer too. (hears Vad say "not as safe as cash" in his head)
[14:21] {dino} out masi .61, +.31
[14:21] {curtisweese} dino....nice!!!
[14:21] {dino} ty
[14:21] {dino} brb
[14:22] {curtisweese} msft breaking 29 will be a nice run, market is gonna drop though
[14:28] {Threei} RIMM wirth a try long here
[14:28] {Threei} stop under .85
[14:29] {Chaeron} in .01
[14:29] {magoo} in .06
[14:29] {dino} scor bruce
[14:30] {Threei} no worky
[14:35] {curtisweese} come on Bill Gates, get your company moving!!!!
[14:35] {Threei} {Bill Gates} have we met?
[14:36] {Threei} great... RIMM shakeout
[14:36] {curtisweese} hahaha...i've been to his house actually.....didn't meet him though...i sold his people that run his house a copier. :)
[14:36] {Threei} pullback is buyable RIMM
[14:36] {Threei} as close to 97 as possible
[14:37] {magoo} mkt moving it bvad
[14:37] {magoo} aapl too
[14:37] {curtisweese} msft too...woohoo!!!!!!
[14:37] {Threei} this is string move, likely to get follow-through
[14:37] {Threei} strong
[14:38] {curtisweese} RIMM is really moving though...nice
[14:38] {Threei} just one more pullback please for us get entry
[14:38] {Threei} does what I was aimed at, just with one pullback too many
[14:38] {magoo} want me to take it long here..will certainly pullbk then??
[14:39] {curtisweese} at the day high too....will run if it can
[14:39] {Threei} it should even without your self-sacrifice :)
[14:39] {curtisweese} but msft drops...grrrr
[14:39] {curtisweese} rimm is on the move!
[14:39] {judi} rimm short/long on pullback, when?
[14:40] {curtisweese} nasd hits high for day too
[14:40] {Threei} no way to short it
[14:40] {Chaeron} *sigh*
[14:40] {judi} too late to get in
[14:40] {curtisweese} it might run up $3 or someting then your short would hurt bd
[14:40] {curtisweese} bd = bad
[14:42] {curtisweese} aapl running too
[14:42] {curtisweese} market running big
[14:42] {dino} wlp lod
[14:43] {curtisweese} all 3 at high of day!! dow nasd s&p
[14:44] {curtisweese} come on msft break 29 darnit! :(
[14:45] {curtisweese} slaps the msft around like Vad slaps curtisweese around
[14:45] {dino} lol
[14:45] {curtisweese} cramer is saying the rally will be a multiple day one based on 20 years of research he did today....only 1 time not true he is saying...thats bullish
[14:46] {curtisweese} market likes it
[14:48] {judi} no pullback on rimm? just get in long
[14:50] {curtisweese} jeez msft just will not break 29
[14:50] {magoo} judsi..rimm copuild kill fast
[14:50] {magoo} careful
[14:50] {bruce} out vrsn +.24 first half
[14:51] {curtisweese} aapl looks to slide back down
[14:52] {dino} remember, sell the rips
[15:07] {Chaeron} 1
[15:09] {magoo} vad, rimm long into bell herre?
[15:11] {magoo} MAGOO kicks vad to wake up
[15:11] {magoo} as he sleeps thru largest point gainer of 08
[15:12] {Threei} relax mags
[15:12] {Threei} I don't have a read on it at the moment
[15:12] {Threei} and when I do, trust me, I am not going to keep it secret
[15:12] {magoo} i can't..curtis came over to my office...hes pusdhing me to trade
[15:12] {Threei} fight him off
[15:13] {Threei} I'll mail you 2x4
[15:13] {Threei} look at NQ and RIMM last 10-15 min or so
[15:13] {Threei} see something unusual?
[15:13] {magoo} no
[15:13] {Threei} look again:
[15:13] {Threei} RIMM made new high
[15:13] {Threei} while NQ stayed within range
[15:14] {Chaeron} so far, NQ has a lower high
[15:14] {curtisweese} back from dr! what i miss?
[15:14] {Threei} it means that we have no leading indicator for RIMM
[15:16] {curtisweese} time for me to cheer microsoft on again as it didn't hit my tight stop while i was gone....run msft run!!!!
[15:16] {curtisweese} i'm bringing good luck...get ready fro rally time ...go market!
[15:16] {dino} cvco sm s .95, jumpy
[15:17] {bruce} like your enthusiasm curtis
[15:17] {curtisweese} i love hearing everyone saying that this up day is nothing and we are surely going down....lookis more and more like capitulation..
[15:18] {curtisweese} (crosses fingers)
[15:18] {Threei} maybe it's nothing, maybe it's something... who cares, the move in front of us and we play it
[15:18] {curtisweese} msft breaks 29!!! don't look back buddy!! run!!!!
[15:18] {Threei} I love those crystal-ball-endowed gurus
[15:18] {dino} trade in the now
[15:19] {magoo} bear needs to trick everyone into putting their cash back in mkt...maybe up few days...then POW..bear trap crushed
[15:19] {curtisweese} yessssssssssss
[15:20] {Threei} .66 RIMM long
[15:20] {Threei} watching pullback for stop placement
[15:20] {cosmo} scss
[15:21] {Threei} if loses .40 would rather go for pullback entry
[15:21] {curtisweese} runnnnnnnnn
[15:22] {magoo} don't push because of nme vad
[15:22] {Threei} why not? I need someone to blame
[15:23] {magoo} true dat
[15:24] {Chaeron} in
[15:24] {Chaeron} .66
[15:24] {magoo} yup
[15:24] {curtisweese} chaeron...nice ride with threei!!!
[15:24] {bruce} out vrsn in full
[15:25] {bruce} +.57 second half
[15:25] {Chaeron} {the whole room} noooo... no pressure Vad... just GIVE US A TRADE DAMN IT!!!!!!!
[15:25] {Chaeron} geeeesh
[15:25] {Chaeron} :)
[15:25] {Chaeron} and make it work!!!!!!!!!!
[15:26] {Threei} good one bruce
[15:26] {Threei} bruce will call them
[15:26] {Threei} me go sleep
[15:26] {Chaeron} you can't.. you're in RIMM
[15:26] {Threei} so what
[15:26] {Threei} me go sleep
[15:27] {dptl} good one Bruce......scaleped ones too
[15:27] {Threei} me wake up
[15:27] {Threei} me take profit
[15:27] {Chaeron} or just go to the Dr.... LOL
[15:27] {Chaeron} I'm too chicken to ever do that
[15:27] {dptl} Thurston.....wake up...
[15:28] {curtisweese} i'm gonna hold msft over night again if the market holds up...woke up to $2800 profit on it...lol......
[15:28] {bruce} thanx dp
[15:28] {bruce} lucky
[15:28] {curtisweese} totally lucky
[15:28] {dino} gj bruce
[15:28] {bruce} thanx dino
[15:28] {curtisweese} tight stop though
[15:28] {bruce} thanx vad
[15:29] {dino} what did you do bruce, get an easy button?
[15:29] {bruce} just let it play out dino
[15:29] {dino} :)
[15:29] {magoo} magoo stix rocket in rimm butt..likes fuse
[15:29] {magoo} OUT .87
[15:30] {curtisweese} nice magoo!!!
[15:30] {bruce} stock did what I thought -
[15:30] {magoo} TY
[15:30] {bruce} wtg mags
[15:30] {Threei} out .93
[15:30] {magoo} u mean the rocket??
[15:31] {Threei} everyone's happy with this try on RIMM?
[15:31] {Threei} or do I have to keep that 2x4 handy still?
[15:32] {bruce} for rimm or the traders vad?
[15:32] {magoo} i want anotherrrrrrrrrrr
[15:32] * Chaeron hiding
[15:32] {magoo} .93 great exit btw
[15:32] {GeoArb} i got laser running .... too giddy
[15:32] {Threei} for SOME traders bruce {G}
[15:32] {Threei} ok geo... now be careful OK?
[15:33] {Threei} this is a cannon... easy to shoot your foot off
[15:33] {Chaeron} start small shares geo till you get used to it... it's fast
[15:33] {GeoArb} 100 is my limit
[15:33] {Chaeron} k
[15:33] {curtisweese} out on msft for now....market confusing me....+.19
[15:34] {bruce} you confused curtis?
[15:34] {curtisweese} lol
[15:34] {dptl} 27 min to EOD
[15:34] {bruce} unbelievable
[15:35] {GeoArb} vad do you have updated screen setups i could use?
[15:35] {bruce} I'm done for day
[15:35] {GeoArb} for laser?
[15:35] {bruce} dogs been waiting for their wqalk
[15:35] {magoo} u no longer a newbie now curtis.WE ALL CONFUSED her
[15:35] {magoo} her=here
[15:35] {dptl} i think me too Bruce
[15:35] {GeoArb} layouts i mean
[15:38] {curtisweese} lol..bought back in on msft at where i exited 29.01
[15:39] {curtisweese} surge into close...come on market...we love you
[15:41] {dino} drop imo
[15:45] {Threei} Geo, how may screens?
[15:45] {dino} scor s .90
[15:45] {GeoArb} i have 4
[15:45] {GeoArb} and a laptop :D
[15:45] {Threei} I can mail you mine then
[15:46] {GeoArb} perfect.... thanks
[15:46] {curtisweese} I just have a commodore64 and one screen
[15:46] {Threei} as soon as I can let 2x4 go
[15:46] {GeoArb} i just have an atm screen :)
[15:46] {aimm} can you mail it to me too 3i
[15:47] {Threei} sure, dcc me your e-mail please so I don't dig it out
[15:47] {GeoArb} geoarb@gmail.com
[15:47] {dptl} vrsn just can't stop
[15:47] {dino} i'm using a typewriter
[15:48] {curtisweese} i'm buying worldcom
[15:48] {Threei} sent
[15:49] {curtisweese} aapl popping
[15:49] {magoo} vad, don't forget the sound when trade executes
[15:50] {magoo} gun click
[15:50] {GeoArb} got the email
[15:50] {GeoArb} thanks vad
[15:50] {curtisweese} market wants to go up soooo bad.....come on rally week....we miss you
[15:50] {curtisweese} new high for nasd now
[15:50] {GeoArb} so vad... does the layout come with your balance :D
[15:51] {curtisweese} new high for nasd and sp500
[15:51] {curtisweese} oh man, close at the high msft...please
[15:52] {Threei} yes geo but it's reflected as what you owe me
[15:52] {magoo} man RIMM was animal off 95 area
[15:52] {GeoArb} heheh
[15:52] {Threei} (you asked for it)
[15:52] {magoo} asked for it/// ok
[15:53] * magoo slaps GeoArb around a bit with a large trout
[15:53] * magoo slaps curtisweese around a bit with a large trout
[15:53] {GeoArb} sushii!!!!!
[15:53] {curtisweese} bows
[15:53] * magoo slaps judi around a bit with a large trout
[15:53] {Threei} you guys are crazy
[15:53] {dino} cov cvco .55, +.40
[15:53] {curtisweese} closing at the high....do i hold...... :(
[15:53] {Threei} hi pit, finally
[15:54] {Threei} look private message please
[15:54] {dino} scor bstop to .96
[15:54] {aimm} vad i can't open the attachment
[15:54] {Threei} you don't need to open it
[15:54] {dino} stopped scor -.07
[15:54] {curtisweese} i'm holding msft over night.....just broke through like 6 week resistance...technicals are there, vad!
[15:55] {Threei} save it to your harddrive so you know ehere it is
[15:55] {Threei} then click File - Local Laout - Open
[15:55] {Threei} and brows to where you saved it
[15:55] {Threei} doublclick it
[15:55] {Threei} and Laser will open this layout
[15:55] {magoo} VAD..the click..i cant trade without it.seriously
[15:56] {GeoArb} hmmmm
[15:56] {GeoArb} now i want it
[15:56] {dino} calling it a day, thx all, some good ideas
[15:56] {Threei} take care dino :)
[15:56] {magoo} done..great day TY vad,..everyuone..twice my goal
[15:56] {curtisweese} dino...see ya... :)
[15:56] {Threei} twice???
[15:56] {curtisweese} msft is still running up....
[15:56] * Threei doubles magoo's payment for the room
[15:57] {GeoArb} pennies for a newbie magoo?
[15:57] {judi} closing for the day, check in tomorrow!
[15:57] {Threei} OK guys
[15:57] {Threei} thank you all
[15:57] {Threei} have a great evening, I'll see you tomorrow
[15:57] {dptl} and yet another good day.....Ty Vad and all...have a good evening:)
[15:57] {GeoArb} thanks vad... and thanks all for the tips
[15:57] {Threei} wait dp!
[15:58] {curtisweese} i will play your tips tomorrow vad, i promise :)
[15:58] * Threei slaps dptl around a bit with a large trout
[15:58] {magoo} wait
[15:58] {Threei} no go
[15:58] * magoo slaps dptl around a bit with a large trout
[15:58] {dptl} i knew that lol
[15:58] {curtisweese} jeez, i made almost almost $5k today!!!!
[15:59] {curtisweese} that is about 10 times my goal
[15:59] {magoo} NICE
[15:59] {curtisweese} well i haven't sold yet, so only $4k...lol
[15:59] {curtisweese} msft is running!!!
[16:00] {curtisweese} all 3 close at the high of the day
[16:01] {Threei} say what?
[16:01] * Threei multiplies curtis's payment by 10
[16:01] {curtisweese} dow nasd sp500 all pretty much at high of day
[16:09] {dino} twti
[16:10] {curtisweese} wow...that popped
[16:10] {dino} hpv trial success
[16:10] {curtisweese} jeez that could be huge
[16:11] {curtisweese} isn't it like 1 in 10 have hpv is some form?
[16:11] {dino} dk
[16:11] {dino} ok, gotta hop, take care all
[16:12] {curtisweese} later
[16:36] {curtisweese} man i love trading
Tuesday, March 11, 2008
Monday, March 10, 2008
Mar 10 2008
Session Time: Mon Mar 10 00:00:00 2008
[08:03] {Threei} HITK REPORTS Q3 -$0.14 V 0.01E, R$15.1M V 20.4ME
[08:45] {Threei} BANK OF AMERICA: FORECASTS 50BPS FED CUT ON MARCH 18; EXPECTS FED FUNDS AT 1.50% BY MID-2008
[08:55] {magoo} morning
[08:56] {Threei} mags :)
[08:57] {Threei} [SEED] Origen Agritech Ltd. Announces nationwide corn seed approvals and additional provincial approval
[08:57] {Threei} - Ministry of Agriculture has approved two of the Company's new corn hybrid varieties to its product line for nationwide distribution during the next sales season.
[08:58] {Threei} ADAM COLLABORATING WITH GOOG ON NEW HEALTH OFFERING
- Company has entered into a content license agreement with Google, in which A.D.A.M. content will be integrated into a feature of Google Health that allows consumers to get information from A.D.A.M. on selected diseases and medical conditions.
[08:58] {Threei} - As recently announced, Google Health is currently in a pilot program with the Cleveland Clinic and is not yet publicly available.
[09:01] {dptl} good morning all
[09:01] {Threei} dp :)
[09:04] {dino} gm all
[09:04] {Threei} dino!
[09:04] {Threei} wqelcome back
[09:05] {Threei} how was the vacation?
[09:05] {dino} ty, great time
[09:06] {Threei} I take it, no snow where you were
[09:06] {Threei} which is much more than the rest of continent can say {G}
[09:07] {dino} :)
[09:07] {dino} SO WHAT AM I MISSING, WORLD COMING TO AN END AGAIN?
[09:07] {Threei} sure, as usual
[09:07] {dino} opps, caps lock
[09:08] {cosmo} actually, the world is just beginning......again
[09:09] {Threei} I successfully managed to et about 5 people to hate me passionately... they called to cplain about huge snowstornm, and I (kindly as usual) pondered out loud whether to mow my grass today or wait till next week
[09:09] {Threei} best way to get "I hate you", works every time
[09:09] {dino} it's freezing here, so knock it off
[09:09] {Threei} there
[09:09] {Threei} :)
[09:12] {cosmo} FDA likes SPPI drug
[09:18] {Threei} worth watching for possible momo, 3 is important resistance for it
[09:18] {cosmo} LVLT: Level 3 announces that President and COO Kevin O'Hara is resigning; Sunit Patel, co's current CFO, will continue in the role of CFOBriefing.com(Mon 8:04am)
[09:19] {cosmo} ...trying to get up off the floor
[09:26] {cosmo} 2.05 so far...
[09:27] {lumdus} gm all. still can't get in automatically. no biggie
[09:27] {Threei} hi lum
[09:27] {bruce} it is for me lum
[09:28] {Threei} we had somewhat indecendtly good week last week... as Mondays often do, this morning looks fairly uncertain
[09:28] {Threei} I am going to take it slowly
[09:28] {Threei} see what transpires
[09:28] {bruce} takes about 76 tries on average for me to correctly type a sequence of numbers like thaqt
[09:29] {Threei} why type... copy/paste works
[09:29] {bruce} dif computers for chat and email vadster
[09:29] {Threei} oh
[09:29] {cosmo} its not ethicaplus...
[09:29] {Threei} are they netwroked?
[09:30] {bruce} no - haven't bothered
[09:30] {Threei} there are rumors of emergency rate cut
[09:30] {bruce} not really a big deal anyway- just teasing
[09:30] {bruce} good to have you back dino
[09:30] {Threei} can cause abnormal volatility when they confirm or turn out bs
[09:30] {bruce} you know the wstory - good trading week during yoru absence
[09:31] {Threei} SPPI jumped out of the gate
[09:31] {Threei} not chasing
[09:31] {bruce} you goona need a month to "dry out" from holidays dino?
[09:31] {Threei} pullback closer to 3 or consolidation
[09:33] {ThurstonHowellTheThird} gm all
[09:33] {bruce} initial market move looks to be to downside vad
[09:34] {Threei} thtt :)
[09:35] {esemde} morning...somebody still does not like me.....cannot log on automatically still
[09:35] {Threei} ese :)
[09:35] {magoo} me either, or dino
[09:35] {Threei} SPPI
[09:35] {Threei} worth a try close to 3
[09:36] {dino} ty bruce
[09:36] {bruce} k with stop to .90 or so?
[09:36] {Threei} RIMM short with stop above .30
[09:36] {Threei} aww
[09:36] {Threei} late
[09:36] {Threei} yes bruce
[09:37] {Threei} watching this bounce RIMM
[09:38] {Threei} want it closer to resiatnce
[09:38] {Threei} and watch NQ, don't shoet into buying
[09:38] {bruce} me too - not taking it w .40 stop
[09:38] {Threei} no way
[09:38] {Threei} we know how violent bounces can be
[09:39] {Threei} save clean trade or let it go
[09:39] {Threei} save = safe
[09:39] {Threei} ok, both are bouncing
[09:39] {Threei} how about tat for violent?
[09:40] {Threei} no entry yet
[09:40] {Threei} market likely to jjump once more
[09:40] {Threei} in fact long for a scalp here is better idea ta the moment
[09:40] {Threei} with stop under 97
[09:41] {Threei} had to be fast, no chasing
[09:41] {magoo} in OUT
[09:41] {Threei} got .16 entry while typed alert
[09:41] {magoo} TY vad...29 to .75
[09:41] {Threei} :)
[09:41] {magoo} so fast
[09:41] {Threei} .16 - .62 here
[09:42] {Threei} now, try to do this trade AND type in the room - you can be a professional street juggler
[09:42] {magoo} really..i appreciate what u doi
[09:42] {bruce} aapl breaking long
[09:42] {Threei} ty
[09:42] {bruce} would need to consolidate a bit
[09:43] {dino} aro s .72, stop .02
[09:44] {magoo} any go for SPPI
[09:44] {Threei} yes
[09:45] {lumdus} that's a damm small run on SPPI for FDA approval
[09:45] {Threei} 3.02 with 2.94 stop
[09:45] {Threei} out
[09:46] {bruce} sppi starting to look like short
[09:47] {Threei} watching LLTC
[09:47] {Threei} not sure of setup yet
[09:47] {Threei} .37 Frid high
[09:48] {Threei} and topped out at .38 at 03/05
[09:48] {bruce} vad - you like rimm long on .34 break?
[09:49] {Threei} if holding 98
[09:49] {Threei} but then againb,
[09:49] {Threei} if NQ resumes upward from here
[09:49] {Threei} I'd just get it aggressively
[09:50] {bruce} long setup coming in lltc on 31 break
[09:50] {bruce} .31
[09:51] {Threei} yes, if holding above .20
[09:51] {Threei} from daily chart point of view that would be agressive entry
[09:51] {bruce} lloks like best prospect for moment
[09:51] {Threei} I agree
[09:52] {Threei} has salmonish look to it
[09:53] {Threei} trying
[09:53] {Threei} market help would be nice
[09:53] {bruce} l lltc at .31
[09:53] {magoo} in LLTC
[09:53] {magoo} .31
[09:53] {Threei} should catapult it over those highs
[09:54] {Threei} stop .19 for me
[09:54] {bruce} heres hoping -
[09:54] {Threei} and potential wise, well
[09:54] {magoo} waiting .47
[09:54] {lumdus} good entry magoo
[09:54] {Threei} unless we get market cruel dump, 30 is not out of question
[09:54] {dino} cov aro .54, +.20
[09:55] {Threei} that would take time of course which is not our friend in this market environment
[09:55] {Threei} so, either get your scalp on a good spike
[09:55] {Threei} or if you inclined to try for more
[09:55] {Threei} protect profit by partialling
[09:56] {Threei} .46 nearest resistance from 02/27
[09:56] {Threei} after that, nothing till 30
[09:57] {bruce} market not helping here
[09:57] {Threei} does it ever
[09:57] {Threei} lol
[09:57] {Threei} LLTC is holding like champ
[09:58] {Threei} third try
[09:58] {Threei} new high
[09:58] {Threei} broke last resistance
[09:58] {Threei} 1:2 here
[09:58] {Threei} forst partial
[09:58] {dptl} out half +.20 ty
[09:58] {bruce} half ut +.24
[09:58] {lumdus} out 1/2 also
[09:59] {magoo} out .54 TY BOSS
[09:59] {bruce} out all
[09:59] {magoo} yes
[10:00] {magoo} may reload
[10:00] {Threei} wtg guys
[10:00] {bruce} nice um vadster
[10:00] {ThurstonHowellTheThird} out .61 ty
[10:00] {Threei} JAN WHOLESALE INVENTORIES: 0.8% V 0.5%E
[10:00] {Threei} out 1/4 more .70
[10:00] {bruce} you're all lucky - my nasty habit of jinxing plays didn't kick in
[10:00] {Threei} lol
[10:00] {Threei} we overcame it bruce
[10:01] {bruce} hope so vad
[10:01] {Threei} last part stop trailed to .39
[10:01] {bruce} went through a few streak w more thatn 10 consecutive losses
[10:01] {Threei} want exit closer to 30
[10:01] {bruce} would think we'll see a pullback in it near here
[10:01] {Threei} takes a fighter to keep going bruce
[10:02] {GeoArb} gm all
[10:02] {Threei} prairie guys are tough
[10:02] {Threei} geo :)
[10:02] {Threei} ok LLTC
[10:02] {Threei} last jump
[10:03] {Threei} stop to .55
[10:03] {bruce} not tough - just frozen vad
[10:03] {Threei} lol
[10:03] {Threei} that'll do it
[10:03] {bruce} that was one strong stock
[10:03] {bruce} exit now looks pathetic
[10:03] {lumdus} out rest .79 thanks vad
[10:03] {Threei} lum :)
[10:03] {lumdus} what a way to start off the week.
[10:04] {Threei} let's finish the day on this note?
[10:04] {magoo} nice exit lum
[10:04] {Threei} just imagine how irritated Chaeron would be... he comes in, we all leave saying "we got our trade of the day"
[10:04] {lumdus} yeah, let's get it done. will be too funny
[10:05] * Threei is so looking forward to the moment of chaeron connection
[10:06] {Threei} out balance LLTC
[10:06] {magoo} vad, wheres a good bounce reentry on LLTC?
[10:07] {dino} gj lum
[10:07] {dptl} out too .60 ty
[10:07] {Threei} dp :)
[10:07] {bruce} was jut thinking .40 mags
[10:07] {bruce} vad?
[10:07] {Threei} closer to .40 I would get interested again, mags
[10:08] {Threei} bruce :)
[10:08] {magoo} yesah, cause it fell w/naz is ally
[10:08] {magoo} naz resumes maybe
[10:09] {Threei} don't push guys
[10:09] {Threei} such easy trades are rarity in this market
[10:09] {Threei} don't let it fool you into complacency
[10:10] {bruce} k - loved that trade vad - spead was naoorw and risk easy to cntrol with good pushes
[10:10] {magoo} right boss
[10:10] {magoo} mother mkt wants her $$ back
[10:12] {Threei} bounces off .40
[10:12] {Threei} if you grabbed it, keep ridiculously tight stop at .30
[10:12] {magoo} i did but .49
[10:12] {Threei} and be ready to take your scalp and not tempt trading gods too much
[10:13] {bruce} not I - wanted a green candle before entering
[10:13] {bruce} was thinking .49 break with .40 stop
[10:13] {bruce} but too late now
[10:14] {Threei} PYX short idea
[10:14] {Threei} PAYX
[10:15] {Threei} nearest resiatance is .35
[10:15] {bruce} therel -.47 stop .40
[10:15] {Threei} chaeron... replay working for ya?
[10:16] {Threei} scroll up
[10:16] * magoo slaps Chaeron around a bit with a large trout
[10:16] {dptl} lo Vad
[10:16] {dptl} lol
[10:16] {Threei} me ever so kind
[10:16] {dptl} yes
[10:16] {Threei} in PAYX
[10:16] {magoo} out stopped LLTC .40
[10:17] {Threei} .36 stop
[10:17] {Chaeron} yeah? well, the best trades of the day are only about to happen :)
[10:17] {Chaeron} GM all
[10:17] {Threei} hi :)
[10:18] {lumdus} chareon, lltc did well - we all thought about you.
[10:19] {Chaeron} thanks lum :) Stick around... more trades like that to come... unless you're rich enough already :)
[10:19] {dino} ahg s .21 stop .51
[10:20] {Threei} didn't take long, lol... 7 cents stop PAYX
[10:25] {Chaeron} .
[10:27] {magoo} rimm bouncer maybe w/mkt??
[10:27] {magoo} not oin...watching
[10:27] {dino} fwlt l .90, sm, stop lod
[10:27] {bruce} mon looks like longretracement - risky
[10:29] {magoo} now THATS why RIMM is nasty
[10:32] {lumdus} short rimm .41 stop .50
[10:32] {magoo} careful IMHO
[10:32] {magoo} naz looks up
[10:33] {lumdus} stop b/e
[10:33] {lumdus} magoo not happy with my trade
[10:34] {Threei} NEM long half lot, stop under .40
[10:34] {Threei} right here
[10:35] {dino} out fwlt .35, +.45
[10:35] {magoo} in, where u at?
[10:35] {magoo} .60
[10:35] {lumdus} magood my rimm stop is a hard one. so i just leave it.
[10:35] {bruce} hafta head out
[10:35] {bruce} good trading all
[10:36] {magoo} WAIUTTTTTTTTT
[10:36] {Threei} feel free to take scalp NEM
[10:36] {Threei} 25 cents
[10:36] {Threei} nice and easy
[10:37] {lumdus} i going to hold nem longer
[10:37] {Threei} me no responsible
[10:37] {dino} idxx blood
[10:37] {lumdus} ok boss i understand that
[10:41] {dino} ahg stopped .41 -.19
[10:44] {magoo} out NEM here .87 TY vad
[10:44] {Threei} welcome sir
[10:44] {magoo} i have apptmt, be back 45 min
[10:44] {magoo} NICE start
[10:44] {lumdus} magoo, after .73 no need to thank vad. he not responsible.
[10:45] {magoo} HE HE
[10:45] {lumdus} soon i post sold nem 51 + 2.50 and NO thank you vad.
[10:48] {Threei} lol lum
[10:48] {Threei} I'll survive that
[10:48] {Threei} I acepted life as generally thankless endeavour
[10:49] {lumdus} common Nem make vad mad. go to 51 at least !
[10:49] {Threei} me be no mad
[10:50] {lumdus} ok, sold 49.99
[10:50] {lumdus} + . who the heck knows
[10:50] {Threei} wtg
[10:50] {lumdus} no thank you vad from .73 till .99 before that thank you.
[10:51] {Threei} what was your entry?
[10:51] {lumdus} .64
[10:51] {Threei} wow... much higher than I envisioned
[10:52] {Threei} it was .49 - .50 at the time of alert
[10:53] {lumdus} by the time i woke up .. you know,
[10:54] {Threei} hehe
[10:54] {Threei} it's just that such entry greatly diminished my thank you part
[10:54] {Threei} and distrotred ratio if favor of no thank you part
[10:54] {lumdus} oh ok. i am basically happy with the morning.
[10:55] {lumdus} easy money and traded 2 x lot - so ready to quit soon.
[11:04] {esemde} L VMED .70 1/2
[11:08] {Threei} looking to short RIMM
[11:08] {Threei} .50 resistance
[11:09] {Threei} in
[11:09] {Threei} .51 stop
[11:10] {Chaeron} in .37
[11:11] {Threei} no worky
[11:11] {Chaeron} stopped -0.15
[11:13] {Threei} shakeout...
[11:14] {Threei} ugh
[11:16] {Chaeron} *sigh* it's cause I got in boss
[11:18] {Threei} right idea but overtightened stop
[11:18] {dino} lncr s .77, stop .03
[11:20] {GeoArb} 03 or 83?
[11:20] {GeoArb} (trying to learn)
[11:21] {Threei} almost buck RIMM
[11:21] {Chaeron} } {
[11:23] {dino} geoarb,asking me?
[11:23] {GeoArb} yes
[11:23] {dino} .03, s=short
[11:23] {GeoArb} i was asking about stop
[11:24] {GeoArb} .03 or .83
[11:24] {GeoArb} as i didnt see .03 prev res
[11:24] {dino} .03 is stop, i'm short from .77
[11:24] {GeoArb} ok
[11:24] {GeoArb} thanks
[11:25] {dino} np=no problem
[11:26] {dino} now, we need it to die
[11:26] {Threei} 122 break short AAPl, if stays under .20
[11:29] {Threei} 1:1
[11:29] {esemde} stopped VMED .59
[11:29] {esemde} didn't want to keep it if it broke .60 support
[11:30] {esemde} talk about yer basic Blahhhhh market
[11:31] {Chaeron} took .23 from mkt on AAPL ... thanks Vad
[11:32] {Threei} welcome
[11:32] {esemde} that would have been the better trade for sure.....
[11:32] {Threei} 1:2 almost, out in full
[11:35] {dino} ot: you guys want to laugh?
[11:35] {Chaeron} always
[11:36] {dino} just received an email from realtor on foreclosure i bid....they asked $65k on 1200 sq ft ranch, on 1 acre, I bid $35k, they considered it for two weeks and finally said no. in the meantime another one they wanted $120k, I bid $70k, they took it at $80 (1800 sq ft 2 story) a steal
[11:37] {dino} so got one of two
[11:37] {GeoArb} what neighbourhood/state?
[11:38] {dino} pennsylvania, great, lake neighborhood. it should go for $180k after some minor repairs
[11:38] {GeoArb} nice
[11:39] {dino} the $35k bid cracked me up tho, had fun throwing that out there, a car costs more
[11:40] {Threei} in trading it calls stink bids :)
[11:41] {dino} ahhh, but they considered it, sometimes they try to wait you out, don't doubt in 30 days they contact me
[11:52] {Threei} EARING WEAKNESS IN FINANCIAL STOCKS BEING PARTIALLY ATTRIBUTED TO RUMORS ABOUT CREDIT RELATED PROBLEMS AT BEAR STEARNS- Reminder earlier Moody's downgraded some Bear Stearns Alt-A deals, cutting 163 tranches of 15 transactions
[11:52] {dino} lncr, downgrades to sell, market drops, it goes up, kindda sucks
[11:53] {Threei} AAPL long 112 break
[11:53] {Threei} stop under .80
[11:53] {Threei} 122 that was
[11:54] {Chaeron} thx
[11:54] {Threei} invalidated anyway
[11:58] {dino} l idxx .83, stop .53
[11:58] {bruce} rimm selling off to friday low vad - not sure where any entry would be
[11:59] {bruce} maybe a bounce first?
[11:59] {Threei} not sure
[12:00] {bruce} l 94.80 stop 94.60
[12:00] {Threei} HEARING CHATTER BSC DENYING INSOLVENCY RUMORS
[12:01] {bruce} out +.22 quick one to one
[12:01] {Threei} good feel
[12:01] {bruce} just luck vad
[12:01] {Threei} sure
[12:02] {bruce} lookinglike scalp was way to go
[12:02] {Threei} certainly
[12:02] {Threei} rumors flying around
[12:02] {bruce} I like it sho0rt now
[12:02] {Threei} market nervous
[12:03] {magoo} bacxk
[12:03] * bruce slaps magoo around a bit with a large trout
[12:04] {magoo} u guys make some cake without magoo?
[12:04] {Threei} bruce does
[12:04] {dino} no
[12:04] {Threei} and chaeron
[12:04] {dino} bruce yes
[12:05] {Threei} one hungry bear we have
[12:06] {bruce} probably russian - the bear that is
[12:06] {dino} bsc -8
[12:07] {Threei} watching DBA for long scalp
[12:07] {Threei} either pullback into 39.80
[12:07] {Threei} or 40 break
[12:07] {Threei} pullback is my preference of course
[12:09] {Threei} stop .89 if went for break
[12:10] {Threei} ACE GREENBERG: LIQUDITY RUMORS ARE 'TOTALLY RIDICULOUS' - COMMENTS TO CNBC
[12:11] {Threei} re BSC
[12:12] {Threei} stop to .95 DBA
[12:12] {Threei} 1:1
[12:14] {Threei} if you all are asleep, what am I doing here?
[12:14] {GeoArb} heh
[12:14] {GeoArb} (still waiting for laser activation)
[12:14] {magoo} HEY
[12:14] {magoo} i just got back and want some
[12:14] {magoo} i just missed that
[12:14] {Threei} argh
[12:14] {Threei} easy 130 bucks
[12:15] {Threei} no single downtick from trigger
[12:15] {magoo} rub it in sam {george to saqm waynewrite in Its a wonerfull life}
[12:16] {GeoArb} do you trail your stops vad?
[12:16] {Threei} not on scalps as a rule
[12:16] {GeoArb} ok
[12:16] {Threei} on daytrades, sure
[12:17] {GeoArb} id rather scalp first as i can only trade first half
[12:17] {dino} idxx stop to .07
[12:18] {bruce} vad - what you think of nvda long on 19 brak w 10 c stop?
[12:18] {Threei} of course
[12:19] {dino} wow, i go away, vad gets polite
[12:19] {Threei} do I?
[12:19] {Threei} hmmm
[12:19] {Threei} something's wrong
[12:19] {Threei} I'll work on it dino, I promise
[12:19] {dino} ty
[12:19] {Threei} don't want to send wrong message
[12:20] {dino} and magoo brings me a big mac, chaos all about
[12:20] {dino} idxx stop to .13
[12:22] {esemde} Oh sure.....VMED.....
[12:22] {tomg} ty vad, 3 out of 4, good day, see y'all tomorrow
[12:22] {Threei} beautiful tom
[12:22] {Threei} wtg
[12:22] {tomg} ty
[12:22] {dino} nice
[12:22] {Threei} and no, I am not calling you beautiful
[12:22] {tomg} :))
[12:23] * Chaeron slaps Threei around a bit with a large trout
[12:23] {Threei} nor you chaeron
[12:23] * Threei is hiding under the nearest rock
[12:23] {Chaeron} awwwwwww
[12:23] * magoo slaps Threei around a bit with a large trout
[12:23] {Threei} sheesh
[12:23] {magoo} my rock
[12:23] {Threei} what's with slapfest
[12:23] {Threei} ahh
[12:23] {magoo} find your own
[12:23] {Threei} sorry
[12:24] {Threei} I thought 6 pack would serve as a pass
[12:24] {Threei} apparently I'll have to go drink it with dp
[12:24] {dptl} :)
[12:24] {Threei} he is wifeless anyway for while
[12:25] {dptl} yep
[12:25] {Threei} gotta soften his suffering by beer
[12:25] {dptl} good idea
[12:25] {dino} out idxx .23, +.40
[12:26] {magoo} excuse me..get out..BUT..leave the beer
[12:28] {bruce} nice one dino
[12:29] {dino} ty bruce
[12:30] {magoo} aapl vad? bouncer/
[12:33] {Threei} not sure mags
[12:33] {Threei} can turn out a bear flag just as well
[12:33] {magoo} yeah
[12:33] {Threei} I am all for 50/50 trade but under ne condition only
[12:33] {Threei} one
[12:34] {Threei} entry right at support/resistance, so stop is ridiculously small
[12:34] {Threei} then it's just a risk based setup
[12:34] {Threei} kind of : to the heck with 2-5 cents stop, with such small risk I can go for coin toss
[12:35] {Threei} if we have usual size of a stop, I want trade to be compelling
[12:35] {Threei} oh boy TMA
[12:36] {Threei} sic transit gloria mundi
[12:36] {bruce} et tu brute?
[12:36] {bruce} thats the only latin I know
[12:36] {Threei} same language anyway, lol
[12:37] {bruce} or weni widi wici
[12:37] {bruce} we came we saw we traded
[12:37] {Threei} in vino veritas?
[12:37] {bruce} thats an exagerated translation
[12:38] {bruce} lol
[12:38] {bruce} good one vadster
[12:38] {Threei} or in magoo caes, in beer veritas
[12:38] {bruce} that ones in wine we trust
[12:40] {Threei} bidding TMA at .0001
[12:40] {dino} or as in mexico, cervesa
[12:40] {Threei} 1 million shares
[12:40] {Threei} if get filled, will scalp .0002
[12:40] {bruce} lol - pay in peso to reduce risk
[12:41] {GeoArb} (looking for the red scalp button)
[12:41] {Threei} I have some mongol tougricks
[12:51] {bruce} cool
[12:51] {bruce} that opens the world to a whole new finacial term
[12:52] {bruce} will that be cash or tougricks?
[12:52] {Threei} lol
[12:52] {bruce} in canada of course we mostly just use beaver pelts
[12:54] {cosmo} those are scalps, ye know...
[12:54] {bruce} vad - thoughts on rimm short here?
[12:54] {Chaeron} oi
[12:54] {dptl} cprt?
[12:54] {Threei} doesn't feel right bruce
[12:55] {bruce} k
[12:55] {bruce} staying on sidelines
[12:55] {Threei} BSC
[12:55] {Threei} NO TRUTH TO LIQUDITY RUMORS - WIRE CITING SPOKESMAN
[12:57] {dino} idxx l .79
[12:57] {Chaeron} nice on CRPT dptl
[12:59] {dptl} l 37.08
[12:59] {dptl} out +.22
[13:01] {Threei} disgusting
[13:01] {dptl} lol
[13:01] {Threei} who told you you can just go and take someone's money like that?
[13:01] {Chaeron} they gave it to him
[13:02] {Threei} so what polite decent people do?
[13:02] {Threei} they call lost and found
[13:02] {dptl} ye it was right there:)
[13:02] {Threei} return wallet
[13:08] {bruce} vad - q's appear to be staging in a narrow range - 30 c up and down last hour and half- we may get a respectable pop if it breaks either way
[13:10] {Threei} yeah
[13:17] {bruce} at moment crpt quietly approaching highs now - you think long break worth shot ?
[13:19] {Threei} I wouldn't bruce
[13:19] {dptl} fdo?
[13:19] {Threei} this is not a safe stock
[13:20] {bruce} k- _ i like pattern but hate volume
[13:20] {bruce} setting it aside
[13:21] {dino} idxx stop to .07
[13:22] {dino} smts?
[13:25] {dino} out idxx .14 +.35
[13:27] {bruce} got smts on radar dino
[13:28] {dino} thoughts?
[13:28] {bruce} q's breaking lows
[13:28] {bruce} still looks short to me dino despite big dump so far
[13:29] {dino} thinking l, sm at some point, .40ish
[13:29] {dino} maybe a buck or so in it
[13:29] {bruce} theres a big volume spike so maybe it's done - but I don't have any confidence in ti as long yet
[13:32] {bruce} any plays vad _ we may get boucne here - could try a long in aapl or rimm ?
[13:34] {Threei} nothing worth risk yet bruce
[13:35] {bruce} k we have 25c range forming in rimm now
[13:35] {bruce} and can go either way
[13:35] {dino} expe
[13:38] {Chaeron} MORGAN STANLEY RAISED EXPE TO EQUAL WEIGHT FROM UNDERWEIGHT (TIMING UNCERTAIN)
[13:38] {Chaeron} EXPE
[13:38] {Threei} that's a very dubious reason for a spike like this
[13:39] {dino} indeed
[13:39] {Chaeron} they were tired of holding it.....
[13:45] {GeoArb} test
[13:46] {Threei} passed
[13:46] {GeoArb} :)
[13:51] {magoo} news SPIKE?
[13:51] {Threei} ?
[13:51] {Threei} where?
[13:51] {magoo} qqq spoike
[13:52] {Threei} I don't see anything out of ordinary
[13:52] {dptl} got to leave early (slacker)...good day Vad ty........see you all tomorrow ,have a good the rest of the day:)
[13:53] {Threei} take care dp
[13:53] {bruce} bye dp
[13:53] {bruce} rimm keeps testing those lows vad
[13:54] {Threei} looks ready to drop
[13:54] {Threei} but NQ will decide ultimately
[14:02] {bruce} die rimmsky
[14:06] {dino} smts partial fill l .76
[14:07] {bruce} great entry dino
[14:07] {dino} partial, spiked on me
[14:08] {bruce} yes - was thinking you must have been reading it's mind - entered exactly before spike
[14:09] {dino} lucky, but not enough luck
[14:10] {bruce} you've got 70c - I'd have been out already on that spike
[14:10] {dino} 100 shares
[14:11] {dino} have to talk to chuck
[14:12] {dino} ilmn lod
[14:12] {bruce} lunch money in vads words
[14:13] {dino} yeah, should just book it and look again
[14:17] {magoo} ELIOT SPITZER caught in prostetution RING
[14:17] {magoo} 550 dollar hookers
[14:17] {magoo} the emporers club
[14:18] {magoo} hes CNBC now
[14:19] {bruce} fslr down big today dino
[14:19] {dino} filling gap
[14:20] {bruce} you get out smts?
[14:20] {dino} no waiting for more at .76
[14:20] {GeoArb} truth stranger than fiction
[14:21] {dino} looks like i'll get it
[14:21] {bruce} k
[14:21] {dino} yes
[14:22] {dino} got it
[14:22] {bruce} hope it works - I still don't like it long
[14:23] {dino} hard stop at .08
[14:23] {magoo} no one cares?elliot caught....he got alot of enemies
[14:23] {Threei} I bet those enemies sent those gals to him
[14:23] {dino} to .15
[14:24] {dino} out, slip ave .08, +.32
[14:24] {dino} i bet you're right
[14:25] {bruce} lol - whos eliot?
[14:26] {Threei} things become inetersting
[14:26] {bruce} glad you exitied dino
[14:26] {bruce} theres that rimm pattern vad -
[14:26] {dino} thx, but its holding so far
[14:26] {bruce} 1 dollar move on break of major level
[14:30] {dino} lncr bstop to .75\
[14:30] {lumdus} interesting .. yeah, maybe i go fishing more exciting
[14:31] {bruce} lol
[14:31] {bruce} poor lum
[14:31] {bruce} if hes not trading something that moves a buck a minute he's bored out of his goard
[14:32] {dino} lol
[14:32] {Threei} very orderly selling
[14:32] {Threei} somewhat unusual, typically we had a lot of attempts to breakd the fall but today it's a very nice slow slide
[14:33] {magoo} meaning boss}
[14:33] {bruce} fslr will give you the action you want lum
[14:33] {bruce} yes - not an explosive move for sure
[14:33] {Threei} bear becomes firmly established mags
[14:33] {Threei} harder to interrupt its moves
[14:34] {Threei} if this becomes a new pattern, shorts will work easier
[14:34] {Threei} less shakeouts
[14:34] {bruce} thats a relief
[14:34] {bruce} all for that
[14:35] {magoo} oh..ok
[14:36] {Threei} I don't want to jump to conclusion on one day basis but this is something to watch for
[14:37] {magoo} we have had some furocious spikes into last two hurs of late tho
[14:37] {dino} fstr l .00 stop lod
[14:37] {lumdus} tx bruce. i always count on my friends to back me up .. hee hee
[14:37] {Threei} nothing of kind we saw last week mags
[14:38] {Threei} just usual ounces
[14:38] {Threei} not those vicious rallies killing shorts
[14:38] {dino} lncr cov .73, all day for .04
[14:39] {lumdus} in rimm 94.35 stop 94.12
[14:40] {lumdus} entry was good looked like we go up. but maybe i one of those who go for sucker rally.
[14:40] {bruce} welcome lum
[14:42] {bruce} you in fslr 182 dino?
[14:44] {dino} not w/oih -4
[14:44] {lumdus} rimm cost me -.22 ooch
[14:44] {bruce} not bad for rimm trade lum
[14:48] {Threei} if NQ doesn't lose 1680 anymore, bottom for the day is in
[14:49] {dino} fstr stopped
[14:49] {Threei} AAPL will be my long preference
[14:50] {bruce} sorry dino - tricky - had 180.80 bid then chicked out on it
[14:50] {Threei} .50 break AAPL
[14:51] {Threei} stop under .30
[14:51] {Threei} not a pure scalp, going to partial out
[14:51] {magoo} in whicha
[14:52] {Chaeron} me2
[14:52] {Chaeron} 0.49
[14:55] {Threei} come on
[14:56] {Chaeron} out\
[14:56] {magoo} really, i,m scalpin if get the chance
[14:56] {bruce} stopped aapl
[14:56] {Threei} yup
[14:56] {Chaeron} pos
[14:56] {Threei} no spine NQ
[14:58] {bruce} exactemundo
[14:58] {bruce} pos
[14:58] {bruce} pos
[14:58] {bruce} pos
[14:58] {Threei} now tell us what you really think
[14:58] {bruce} hmmmm
[14:58] {bruce} pos?
[15:00] {bruce} dino - thinking fslr worth tyr long around 180 if gets there - w 40 c stop
[15:00] {Chaeron} from some movie... Will Smith... stood for piece of ...
[15:00] {bruce} let us all guess chaeron
[15:00] {Threei} sun?
[15:01] {Threei} snow?
[15:01] {bruce} string?
[15:01] {cosmo} i like snow...
[15:01] {Threei} serenity?
[15:01] {Chaeron} yep... all those :)
[15:01] {Threei} yes serenity
[15:01] {bruce} especially serenity
[15:01] {bruce} thats a cool one
[15:01] {bruce} yeah right serentity
[15:05] {bruce} out to appointments
[15:05] {bruce} rule is any money you make in my absense should be SHARED
[15:06] * bruce slaps magoo around a bit with a large trout
[15:06] {bruce} thats for god luck
[15:06] {bruce} good luck too
[15:11] {dino} maybe bruce
[15:16] {Threei} NY GOVERNOR SPITZER INDICTED BY FEDERAL COURT IN NY; SPITZER EXPECTED TO RESIGN - FOX NEWS- In audio message apologizes to family and the public, no further details released
[15:17] {Threei} so what was his sin again?
[15:17] {patience} involved in a prostitution ring
[15:17] {GeoArb} pay for play?
[15:17] {Threei} I'll rephrase that... how is it a sin?
[15:17] {patience} i wonder if it was male or female prostitution ring
[15:18] {Threei} unless he was involved as a prostituite...
[15:19] {dino} lol patience
[15:19] {lumdus} bye bye eliiot. maybe we get a new good governor. thank goodness
[15:21] {cosmo} well...that's politics...
[15:21] {dino} have to be nuts to get into politics
[15:22] {dino} sm l aapl .45
[15:23] {Threei} one last pullback maybe, then off to 121
[15:24] {dino} $5500, magoo says why not become one, i think he'll need to drop a few lbs.
[15:25] {Threei} got .43
[15:25] {Threei} go AAPL
[15:27] {Threei} ah come on
[15:28] {Threei} half out .70
[15:29] {lumdus} again, i missed this. damm, i fell asleep
[15:30] {Threei} good boy
[15:30] {Threei} move
[15:30] {lumdus} rimm going nicely also
[15:30] {Chaeron} don't feel badly lum. I tried and missed... would have rather slept
[15:30] {GeoArb} do you have an audio alert on vad?
[15:31] {Threei} S&P LOWERS 87 RATINGS ON 15 US CDOS OF ABS; $8.956B AFFECTED
[15:31] {lumdus} bout time they did that
[15:31] {Threei} if I read market right it should shake off this and go up anyway
[15:32] {Threei} but stop is .29 for the balance
[15:33] {Threei} here we go
[15:33] {Threei} up up and away
[15:34] {lumdus} in with you .37
[15:34] {Threei} good etry
[15:34] {Threei} if I were smarter I would have gotten back that half I sold at .70
[15:34] {lumdus} now all i need is good exit and we have a "good trade"
[15:34] {Threei} just protect half
[15:34] {Threei} you have nice profit, why risk it all
[15:36] {Threei} out balance
[15:37] {Threei} too good day to spoil it
[15:38] {lumdus} yeah, very good day.
[15:38] {GeoArb} nice.....
[15:43] {Threei} bears win again
[15:43] {Threei} good to see
[15:43] {cosmo} MNKD salmon
[15:44] {Threei} those rallies were more of disruption of normal order of things
[15:44] {cosmo} red salmon
[15:47] {Threei} Ok guys, going to call it a day
[15:47] {Threei} too close to eod for me to try and do something else
[15:47] {GeoArb} thanks vad
[15:47] {magoo} ty vad
[15:47] {Threei} we are up nicely day after day while whole street is hurting
[15:48] {Chaeron} yep - many thanks again Vad
[15:48] {Threei} not going to mess with it
[15:48] {ThurstonHowellTheThird} ty good night
[15:54] {magoo} goodnite all..TY
[15:58] {dino} syke
[08:03] {Threei} HITK REPORTS Q3 -$0.14 V 0.01E, R$15.1M V 20.4ME
[08:45] {Threei} BANK OF AMERICA: FORECASTS 50BPS FED CUT ON MARCH 18; EXPECTS FED FUNDS AT 1.50% BY MID-2008
[08:55] {magoo} morning
[08:56] {Threei} mags :)
[08:57] {Threei} [SEED] Origen Agritech Ltd. Announces nationwide corn seed approvals and additional provincial approval
[08:57] {Threei} - Ministry of Agriculture has approved two of the Company's new corn hybrid varieties to its product line for nationwide distribution during the next sales season.
[08:58] {Threei} ADAM COLLABORATING WITH GOOG ON NEW HEALTH OFFERING
- Company has entered into a content license agreement with Google, in which A.D.A.M. content will be integrated into a feature of Google Health that allows consumers to get information from A.D.A.M. on selected diseases and medical conditions.
[08:58] {Threei} - As recently announced, Google Health is currently in a pilot program with the Cleveland Clinic and is not yet publicly available.
[09:01] {dptl} good morning all
[09:01] {Threei} dp :)
[09:04] {dino} gm all
[09:04] {Threei} dino!
[09:04] {Threei} wqelcome back
[09:05] {Threei} how was the vacation?
[09:05] {dino} ty, great time
[09:06] {Threei} I take it, no snow where you were
[09:06] {Threei} which is much more than the rest of continent can say {G}
[09:07] {dino} :)
[09:07] {dino} SO WHAT AM I MISSING, WORLD COMING TO AN END AGAIN?
[09:07] {Threei} sure, as usual
[09:07] {dino} opps, caps lock
[09:08] {cosmo} actually, the world is just beginning......again
[09:09] {Threei} I successfully managed to et about 5 people to hate me passionately... they called to cplain about huge snowstornm, and I (kindly as usual) pondered out loud whether to mow my grass today or wait till next week
[09:09] {Threei} best way to get "I hate you", works every time
[09:09] {dino} it's freezing here, so knock it off
[09:09] {Threei} there
[09:09] {Threei} :)
[09:12] {cosmo} FDA likes SPPI drug
[09:18] {Threei} worth watching for possible momo, 3 is important resistance for it
[09:18] {cosmo} LVLT: Level 3 announces that President and COO Kevin O'Hara is resigning; Sunit Patel, co's current CFO, will continue in the role of CFOBriefing.com(Mon 8:04am)
[09:19] {cosmo} ...trying to get up off the floor
[09:26] {cosmo} 2.05 so far...
[09:27] {lumdus} gm all. still can't get in automatically. no biggie
[09:27] {Threei} hi lum
[09:27] {bruce} it is for me lum
[09:28] {Threei} we had somewhat indecendtly good week last week... as Mondays often do, this morning looks fairly uncertain
[09:28] {Threei} I am going to take it slowly
[09:28] {Threei} see what transpires
[09:28] {bruce} takes about 76 tries on average for me to correctly type a sequence of numbers like thaqt
[09:29] {Threei} why type... copy/paste works
[09:29] {bruce} dif computers for chat and email vadster
[09:29] {Threei} oh
[09:29] {cosmo} its not ethicaplus...
[09:29] {Threei} are they netwroked?
[09:30] {bruce} no - haven't bothered
[09:30] {Threei} there are rumors of emergency rate cut
[09:30] {bruce} not really a big deal anyway- just teasing
[09:30] {bruce} good to have you back dino
[09:30] {Threei} can cause abnormal volatility when they confirm or turn out bs
[09:30] {bruce} you know the wstory - good trading week during yoru absence
[09:31] {Threei} SPPI jumped out of the gate
[09:31] {Threei} not chasing
[09:31] {bruce} you goona need a month to "dry out" from holidays dino?
[09:31] {Threei} pullback closer to 3 or consolidation
[09:33] {ThurstonHowellTheThird} gm all
[09:33] {bruce} initial market move looks to be to downside vad
[09:34] {Threei} thtt :)
[09:35] {esemde} morning...somebody still does not like me.....cannot log on automatically still
[09:35] {Threei} ese :)
[09:35] {magoo} me either, or dino
[09:35] {Threei} SPPI
[09:35] {Threei} worth a try close to 3
[09:36] {dino} ty bruce
[09:36] {bruce} k with stop to .90 or so?
[09:36] {Threei} RIMM short with stop above .30
[09:36] {Threei} aww
[09:36] {Threei} late
[09:36] {Threei} yes bruce
[09:37] {Threei} watching this bounce RIMM
[09:38] {Threei} want it closer to resiatnce
[09:38] {Threei} and watch NQ, don't shoet into buying
[09:38] {bruce} me too - not taking it w .40 stop
[09:38] {Threei} no way
[09:38] {Threei} we know how violent bounces can be
[09:39] {Threei} save clean trade or let it go
[09:39] {Threei} save = safe
[09:39] {Threei} ok, both are bouncing
[09:39] {Threei} how about tat for violent?
[09:40] {Threei} no entry yet
[09:40] {Threei} market likely to jjump once more
[09:40] {Threei} in fact long for a scalp here is better idea ta the moment
[09:40] {Threei} with stop under 97
[09:41] {Threei} had to be fast, no chasing
[09:41] {magoo} in OUT
[09:41] {Threei} got .16 entry while typed alert
[09:41] {magoo} TY vad...29 to .75
[09:41] {Threei} :)
[09:41] {magoo} so fast
[09:41] {Threei} .16 - .62 here
[09:42] {Threei} now, try to do this trade AND type in the room - you can be a professional street juggler
[09:42] {magoo} really..i appreciate what u doi
[09:42] {bruce} aapl breaking long
[09:42] {Threei} ty
[09:42] {bruce} would need to consolidate a bit
[09:43] {dino} aro s .72, stop .02
[09:44] {magoo} any go for SPPI
[09:44] {Threei} yes
[09:45] {lumdus} that's a damm small run on SPPI for FDA approval
[09:45] {Threei} 3.02 with 2.94 stop
[09:45] {Threei} out
[09:46] {bruce} sppi starting to look like short
[09:47] {Threei} watching LLTC
[09:47] {Threei} not sure of setup yet
[09:47] {Threei} .37 Frid high
[09:48] {Threei} and topped out at .38 at 03/05
[09:48] {bruce} vad - you like rimm long on .34 break?
[09:49] {Threei} if holding 98
[09:49] {Threei} but then againb,
[09:49] {Threei} if NQ resumes upward from here
[09:49] {Threei} I'd just get it aggressively
[09:50] {bruce} long setup coming in lltc on 31 break
[09:50] {bruce} .31
[09:51] {Threei} yes, if holding above .20
[09:51] {Threei} from daily chart point of view that would be agressive entry
[09:51] {bruce} lloks like best prospect for moment
[09:51] {Threei} I agree
[09:52] {Threei} has salmonish look to it
[09:53] {Threei} trying
[09:53] {Threei} market help would be nice
[09:53] {bruce} l lltc at .31
[09:53] {magoo} in LLTC
[09:53] {magoo} .31
[09:53] {Threei} should catapult it over those highs
[09:54] {Threei} stop .19 for me
[09:54] {bruce} heres hoping -
[09:54] {Threei} and potential wise, well
[09:54] {magoo} waiting .47
[09:54] {lumdus} good entry magoo
[09:54] {Threei} unless we get market cruel dump, 30 is not out of question
[09:54] {dino} cov aro .54, +.20
[09:55] {Threei} that would take time of course which is not our friend in this market environment
[09:55] {Threei} so, either get your scalp on a good spike
[09:55] {Threei} or if you inclined to try for more
[09:55] {Threei} protect profit by partialling
[09:56] {Threei} .46 nearest resistance from 02/27
[09:56] {Threei} after that, nothing till 30
[09:57] {bruce} market not helping here
[09:57] {Threei} does it ever
[09:57] {Threei} lol
[09:57] {Threei} LLTC is holding like champ
[09:58] {Threei} third try
[09:58] {Threei} new high
[09:58] {Threei} broke last resistance
[09:58] {Threei} 1:2 here
[09:58] {Threei} forst partial
[09:58] {dptl} out half +.20 ty
[09:58] {bruce} half ut +.24
[09:58] {lumdus} out 1/2 also
[09:59] {magoo} out .54 TY BOSS
[09:59] {bruce} out all
[09:59] {magoo} yes
[10:00] {magoo} may reload
[10:00] {Threei} wtg guys
[10:00] {bruce} nice um vadster
[10:00] {ThurstonHowellTheThird} out .61 ty
[10:00] {Threei} JAN WHOLESALE INVENTORIES: 0.8% V 0.5%E
[10:00] {Threei} out 1/4 more .70
[10:00] {bruce} you're all lucky - my nasty habit of jinxing plays didn't kick in
[10:00] {Threei} lol
[10:00] {Threei} we overcame it bruce
[10:01] {bruce} hope so vad
[10:01] {Threei} last part stop trailed to .39
[10:01] {bruce} went through a few streak w more thatn 10 consecutive losses
[10:01] {Threei} want exit closer to 30
[10:01] {bruce} would think we'll see a pullback in it near here
[10:01] {Threei} takes a fighter to keep going bruce
[10:02] {GeoArb} gm all
[10:02] {Threei} prairie guys are tough
[10:02] {Threei} geo :)
[10:02] {Threei} ok LLTC
[10:02] {Threei} last jump
[10:03] {Threei} stop to .55
[10:03] {bruce} not tough - just frozen vad
[10:03] {Threei} lol
[10:03] {Threei} that'll do it
[10:03] {bruce} that was one strong stock
[10:03] {bruce} exit now looks pathetic
[10:03] {lumdus} out rest .79 thanks vad
[10:03] {Threei} lum :)
[10:03] {lumdus} what a way to start off the week.
[10:04] {Threei} let's finish the day on this note?
[10:04] {magoo} nice exit lum
[10:04] {Threei} just imagine how irritated Chaeron would be... he comes in, we all leave saying "we got our trade of the day"
[10:04] {lumdus} yeah, let's get it done. will be too funny
[10:05] * Threei is so looking forward to the moment of chaeron connection
[10:06] {Threei} out balance LLTC
[10:06] {magoo} vad, wheres a good bounce reentry on LLTC?
[10:07] {dino} gj lum
[10:07] {dptl} out too .60 ty
[10:07] {Threei} dp :)
[10:07] {bruce} was jut thinking .40 mags
[10:07] {bruce} vad?
[10:07] {Threei} closer to .40 I would get interested again, mags
[10:08] {Threei} bruce :)
[10:08] {magoo} yesah, cause it fell w/naz is ally
[10:08] {magoo} naz resumes maybe
[10:09] {Threei} don't push guys
[10:09] {Threei} such easy trades are rarity in this market
[10:09] {Threei} don't let it fool you into complacency
[10:10] {bruce} k - loved that trade vad - spead was naoorw and risk easy to cntrol with good pushes
[10:10] {magoo} right boss
[10:10] {magoo} mother mkt wants her $$ back
[10:12] {Threei} bounces off .40
[10:12] {Threei} if you grabbed it, keep ridiculously tight stop at .30
[10:12] {magoo} i did but .49
[10:12] {Threei} and be ready to take your scalp and not tempt trading gods too much
[10:13] {bruce} not I - wanted a green candle before entering
[10:13] {bruce} was thinking .49 break with .40 stop
[10:13] {bruce} but too late now
[10:14] {Threei} PYX short idea
[10:14] {Threei} PAYX
[10:15] {Threei} nearest resiatance is .35
[10:15] {bruce} therel -.47 stop .40
[10:15] {Threei} chaeron... replay working for ya?
[10:16] {Threei} scroll up
[10:16] * magoo slaps Chaeron around a bit with a large trout
[10:16] {dptl} lo Vad
[10:16] {dptl} lol
[10:16] {Threei} me ever so kind
[10:16] {dptl} yes
[10:16] {Threei} in PAYX
[10:16] {magoo} out stopped LLTC .40
[10:17] {Threei} .36 stop
[10:17] {Chaeron} yeah? well, the best trades of the day are only about to happen :)
[10:17] {Chaeron} GM all
[10:17] {Threei} hi :)
[10:18] {lumdus} chareon, lltc did well - we all thought about you.
[10:19] {Chaeron} thanks lum :) Stick around... more trades like that to come... unless you're rich enough already :)
[10:19] {dino} ahg s .21 stop .51
[10:20] {Threei} didn't take long, lol... 7 cents stop PAYX
[10:25] {Chaeron} .
[10:27] {magoo} rimm bouncer maybe w/mkt??
[10:27] {magoo} not oin...watching
[10:27] {dino} fwlt l .90, sm, stop lod
[10:27] {bruce} mon looks like longretracement - risky
[10:29] {magoo} now THATS why RIMM is nasty
[10:32] {lumdus} short rimm .41 stop .50
[10:32] {magoo} careful IMHO
[10:32] {magoo} naz looks up
[10:33] {lumdus} stop b/e
[10:33] {lumdus} magoo not happy with my trade
[10:34] {Threei} NEM long half lot, stop under .40
[10:34] {Threei} right here
[10:35] {dino} out fwlt .35, +.45
[10:35] {magoo} in, where u at?
[10:35] {magoo} .60
[10:35] {lumdus} magood my rimm stop is a hard one. so i just leave it.
[10:35] {bruce} hafta head out
[10:35] {bruce} good trading all
[10:36] {magoo} WAIUTTTTTTTTT
[10:36] {Threei} feel free to take scalp NEM
[10:36] {Threei} 25 cents
[10:36] {Threei} nice and easy
[10:37] {lumdus} i going to hold nem longer
[10:37] {Threei} me no responsible
[10:37] {dino} idxx blood
[10:37] {lumdus} ok boss i understand that
[10:41] {dino} ahg stopped .41 -.19
[10:44] {magoo} out NEM here .87 TY vad
[10:44] {Threei} welcome sir
[10:44] {magoo} i have apptmt, be back 45 min
[10:44] {magoo} NICE start
[10:44] {lumdus} magoo, after .73 no need to thank vad. he not responsible.
[10:45] {magoo} HE HE
[10:45] {lumdus} soon i post sold nem 51 + 2.50 and NO thank you vad.
[10:48] {Threei} lol lum
[10:48] {Threei} I'll survive that
[10:48] {Threei} I acepted life as generally thankless endeavour
[10:49] {lumdus} common Nem make vad mad. go to 51 at least !
[10:49] {Threei} me be no mad
[10:50] {lumdus} ok, sold 49.99
[10:50] {lumdus} + . who the heck knows
[10:50] {Threei} wtg
[10:50] {lumdus} no thank you vad from .73 till .99 before that thank you.
[10:51] {Threei} what was your entry?
[10:51] {lumdus} .64
[10:51] {Threei} wow... much higher than I envisioned
[10:52] {Threei} it was .49 - .50 at the time of alert
[10:53] {lumdus} by the time i woke up .. you know,
[10:54] {Threei} hehe
[10:54] {Threei} it's just that such entry greatly diminished my thank you part
[10:54] {Threei} and distrotred ratio if favor of no thank you part
[10:54] {lumdus} oh ok. i am basically happy with the morning.
[10:55] {lumdus} easy money and traded 2 x lot - so ready to quit soon.
[11:04] {esemde} L VMED .70 1/2
[11:08] {Threei} looking to short RIMM
[11:08] {Threei} .50 resistance
[11:09] {Threei} in
[11:09] {Threei} .51 stop
[11:10] {Chaeron} in .37
[11:11] {Threei} no worky
[11:11] {Chaeron} stopped -0.15
[11:13] {Threei} shakeout...
[11:14] {Threei} ugh
[11:16] {Chaeron} *sigh* it's cause I got in boss
[11:18] {Threei} right idea but overtightened stop
[11:18] {dino} lncr s .77, stop .03
[11:20] {GeoArb} 03 or 83?
[11:20] {GeoArb} (trying to learn)
[11:21] {Threei} almost buck RIMM
[11:21] {Chaeron} } {
[11:23] {dino} geoarb,asking me?
[11:23] {GeoArb} yes
[11:23] {dino} .03, s=short
[11:23] {GeoArb} i was asking about stop
[11:24] {GeoArb} .03 or .83
[11:24] {GeoArb} as i didnt see .03 prev res
[11:24] {dino} .03 is stop, i'm short from .77
[11:24] {GeoArb} ok
[11:24] {GeoArb} thanks
[11:25] {dino} np=no problem
[11:26] {dino} now, we need it to die
[11:26] {Threei} 122 break short AAPl, if stays under .20
[11:29] {Threei} 1:1
[11:29] {esemde} stopped VMED .59
[11:29] {esemde} didn't want to keep it if it broke .60 support
[11:30] {esemde} talk about yer basic Blahhhhh market
[11:31] {Chaeron} took .23 from mkt on AAPL ... thanks Vad
[11:32] {Threei} welcome
[11:32] {esemde} that would have been the better trade for sure.....
[11:32] {Threei} 1:2 almost, out in full
[11:35] {dino} ot: you guys want to laugh?
[11:35] {Chaeron} always
[11:36] {dino} just received an email from realtor on foreclosure i bid....they asked $65k on 1200 sq ft ranch, on 1 acre, I bid $35k, they considered it for two weeks and finally said no. in the meantime another one they wanted $120k, I bid $70k, they took it at $80 (1800 sq ft 2 story) a steal
[11:37] {dino} so got one of two
[11:37] {GeoArb} what neighbourhood/state?
[11:38] {dino} pennsylvania, great, lake neighborhood. it should go for $180k after some minor repairs
[11:38] {GeoArb} nice
[11:39] {dino} the $35k bid cracked me up tho, had fun throwing that out there, a car costs more
[11:40] {Threei} in trading it calls stink bids :)
[11:41] {dino} ahhh, but they considered it, sometimes they try to wait you out, don't doubt in 30 days they contact me
[11:52] {Threei} EARING WEAKNESS IN FINANCIAL STOCKS BEING PARTIALLY ATTRIBUTED TO RUMORS ABOUT CREDIT RELATED PROBLEMS AT BEAR STEARNS- Reminder earlier Moody's downgraded some Bear Stearns Alt-A deals, cutting 163 tranches of 15 transactions
[11:52] {dino} lncr, downgrades to sell, market drops, it goes up, kindda sucks
[11:53] {Threei} AAPL long 112 break
[11:53] {Threei} stop under .80
[11:53] {Threei} 122 that was
[11:54] {Chaeron} thx
[11:54] {Threei} invalidated anyway
[11:58] {dino} l idxx .83, stop .53
[11:58] {bruce} rimm selling off to friday low vad - not sure where any entry would be
[11:59] {bruce} maybe a bounce first?
[11:59] {Threei} not sure
[12:00] {bruce} l 94.80 stop 94.60
[12:00] {Threei} HEARING CHATTER BSC DENYING INSOLVENCY RUMORS
[12:01] {bruce} out +.22 quick one to one
[12:01] {Threei} good feel
[12:01] {bruce} just luck vad
[12:01] {Threei} sure
[12:02] {bruce} lookinglike scalp was way to go
[12:02] {Threei} certainly
[12:02] {Threei} rumors flying around
[12:02] {bruce} I like it sho0rt now
[12:02] {Threei} market nervous
[12:03] {magoo} bacxk
[12:03] * bruce slaps magoo around a bit with a large trout
[12:04] {magoo} u guys make some cake without magoo?
[12:04] {Threei} bruce does
[12:04] {dino} no
[12:04] {Threei} and chaeron
[12:04] {dino} bruce yes
[12:05] {Threei} one hungry bear we have
[12:06] {bruce} probably russian - the bear that is
[12:06] {dino} bsc -8
[12:07] {Threei} watching DBA for long scalp
[12:07] {Threei} either pullback into 39.80
[12:07] {Threei} or 40 break
[12:07] {Threei} pullback is my preference of course
[12:09] {Threei} stop .89 if went for break
[12:10] {Threei} ACE GREENBERG: LIQUDITY RUMORS ARE 'TOTALLY RIDICULOUS' - COMMENTS TO CNBC
[12:11] {Threei} re BSC
[12:12] {Threei} stop to .95 DBA
[12:12] {Threei} 1:1
[12:14] {Threei} if you all are asleep, what am I doing here?
[12:14] {GeoArb} heh
[12:14] {GeoArb} (still waiting for laser activation)
[12:14] {magoo} HEY
[12:14] {magoo} i just got back and want some
[12:14] {magoo} i just missed that
[12:14] {Threei} argh
[12:14] {Threei} easy 130 bucks
[12:15] {Threei} no single downtick from trigger
[12:15] {magoo} rub it in sam {george to saqm waynewrite in Its a wonerfull life}
[12:16] {GeoArb} do you trail your stops vad?
[12:16] {Threei} not on scalps as a rule
[12:16] {GeoArb} ok
[12:16] {Threei} on daytrades, sure
[12:17] {GeoArb} id rather scalp first as i can only trade first half
[12:17] {dino} idxx stop to .07
[12:18] {bruce} vad - what you think of nvda long on 19 brak w 10 c stop?
[12:18] {Threei} of course
[12:19] {dino} wow, i go away, vad gets polite
[12:19] {Threei} do I?
[12:19] {Threei} hmmm
[12:19] {Threei} something's wrong
[12:19] {Threei} I'll work on it dino, I promise
[12:19] {dino} ty
[12:19] {Threei} don't want to send wrong message
[12:20] {dino} and magoo brings me a big mac, chaos all about
[12:20] {dino} idxx stop to .13
[12:22] {esemde} Oh sure.....VMED.....
[12:22] {tomg} ty vad, 3 out of 4, good day, see y'all tomorrow
[12:22] {Threei} beautiful tom
[12:22] {Threei} wtg
[12:22] {tomg} ty
[12:22] {dino} nice
[12:22] {Threei} and no, I am not calling you beautiful
[12:22] {tomg} :))
[12:23] * Chaeron slaps Threei around a bit with a large trout
[12:23] {Threei} nor you chaeron
[12:23] * Threei is hiding under the nearest rock
[12:23] {Chaeron} awwwwwww
[12:23] * magoo slaps Threei around a bit with a large trout
[12:23] {Threei} sheesh
[12:23] {magoo} my rock
[12:23] {Threei} what's with slapfest
[12:23] {Threei} ahh
[12:23] {magoo} find your own
[12:23] {Threei} sorry
[12:24] {Threei} I thought 6 pack would serve as a pass
[12:24] {Threei} apparently I'll have to go drink it with dp
[12:24] {dptl} :)
[12:24] {Threei} he is wifeless anyway for while
[12:25] {dptl} yep
[12:25] {Threei} gotta soften his suffering by beer
[12:25] {dptl} good idea
[12:25] {dino} out idxx .23, +.40
[12:26] {magoo} excuse me..get out..BUT..leave the beer
[12:28] {bruce} nice one dino
[12:29] {dino} ty bruce
[12:30] {magoo} aapl vad? bouncer/
[12:33] {Threei} not sure mags
[12:33] {Threei} can turn out a bear flag just as well
[12:33] {magoo} yeah
[12:33] {Threei} I am all for 50/50 trade but under ne condition only
[12:33] {Threei} one
[12:34] {Threei} entry right at support/resistance, so stop is ridiculously small
[12:34] {Threei} then it's just a risk based setup
[12:34] {Threei} kind of : to the heck with 2-5 cents stop, with such small risk I can go for coin toss
[12:35] {Threei} if we have usual size of a stop, I want trade to be compelling
[12:35] {Threei} oh boy TMA
[12:36] {Threei} sic transit gloria mundi
[12:36] {bruce} et tu brute?
[12:36] {bruce} thats the only latin I know
[12:36] {Threei} same language anyway, lol
[12:37] {bruce} or weni widi wici
[12:37] {bruce} we came we saw we traded
[12:37] {Threei} in vino veritas?
[12:37] {bruce} thats an exagerated translation
[12:38] {bruce} lol
[12:38] {bruce} good one vadster
[12:38] {Threei} or in magoo caes, in beer veritas
[12:38] {bruce} that ones in wine we trust
[12:40] {Threei} bidding TMA at .0001
[12:40] {dino} or as in mexico, cervesa
[12:40] {Threei} 1 million shares
[12:40] {Threei} if get filled, will scalp .0002
[12:40] {bruce} lol - pay in peso to reduce risk
[12:41] {GeoArb} (looking for the red scalp button)
[12:41] {Threei} I have some mongol tougricks
[12:51] {bruce} cool
[12:51] {bruce} that opens the world to a whole new finacial term
[12:52] {bruce} will that be cash or tougricks?
[12:52] {Threei} lol
[12:52] {bruce} in canada of course we mostly just use beaver pelts
[12:54] {cosmo} those are scalps, ye know...
[12:54] {bruce} vad - thoughts on rimm short here?
[12:54] {Chaeron} oi
[12:54] {dptl} cprt?
[12:54] {Threei} doesn't feel right bruce
[12:55] {bruce} k
[12:55] {bruce} staying on sidelines
[12:55] {Threei} BSC
[12:55] {Threei} NO TRUTH TO LIQUDITY RUMORS - WIRE CITING SPOKESMAN
[12:57] {dino} idxx l .79
[12:57] {Chaeron} nice on CRPT dptl
[12:59] {dptl} l 37.08
[12:59] {dptl} out +.22
[13:01] {Threei} disgusting
[13:01] {dptl} lol
[13:01] {Threei} who told you you can just go and take someone's money like that?
[13:01] {Chaeron} they gave it to him
[13:02] {Threei} so what polite decent people do?
[13:02] {Threei} they call lost and found
[13:02] {dptl} ye it was right there:)
[13:02] {Threei} return wallet
[13:08] {bruce} vad - q's appear to be staging in a narrow range - 30 c up and down last hour and half- we may get a respectable pop if it breaks either way
[13:10] {Threei} yeah
[13:17] {bruce} at moment crpt quietly approaching highs now - you think long break worth shot ?
[13:19] {Threei} I wouldn't bruce
[13:19] {dptl} fdo?
[13:19] {Threei} this is not a safe stock
[13:20] {bruce} k- _ i like pattern but hate volume
[13:20] {bruce} setting it aside
[13:21] {dino} idxx stop to .07
[13:22] {dino} smts?
[13:25] {dino} out idxx .14 +.35
[13:27] {bruce} got smts on radar dino
[13:28] {dino} thoughts?
[13:28] {bruce} q's breaking lows
[13:28] {bruce} still looks short to me dino despite big dump so far
[13:29] {dino} thinking l, sm at some point, .40ish
[13:29] {dino} maybe a buck or so in it
[13:29] {bruce} theres a big volume spike so maybe it's done - but I don't have any confidence in ti as long yet
[13:32] {bruce} any plays vad _ we may get boucne here - could try a long in aapl or rimm ?
[13:34] {Threei} nothing worth risk yet bruce
[13:35] {bruce} k we have 25c range forming in rimm now
[13:35] {bruce} and can go either way
[13:35] {dino} expe
[13:38] {Chaeron} MORGAN STANLEY RAISED EXPE TO EQUAL WEIGHT FROM UNDERWEIGHT (TIMING UNCERTAIN)
[13:38] {Chaeron} EXPE
[13:38] {Threei} that's a very dubious reason for a spike like this
[13:39] {dino} indeed
[13:39] {Chaeron} they were tired of holding it.....
[13:45] {GeoArb} test
[13:46] {Threei} passed
[13:46] {GeoArb} :)
[13:51] {magoo} news SPIKE?
[13:51] {Threei} ?
[13:51] {Threei} where?
[13:51] {magoo} qqq spoike
[13:52] {Threei} I don't see anything out of ordinary
[13:52] {dptl} got to leave early (slacker)...good day Vad ty........see you all tomorrow ,have a good the rest of the day:)
[13:53] {Threei} take care dp
[13:53] {bruce} bye dp
[13:53] {bruce} rimm keeps testing those lows vad
[13:54] {Threei} looks ready to drop
[13:54] {Threei} but NQ will decide ultimately
[14:02] {bruce} die rimmsky
[14:06] {dino} smts partial fill l .76
[14:07] {bruce} great entry dino
[14:07] {dino} partial, spiked on me
[14:08] {bruce} yes - was thinking you must have been reading it's mind - entered exactly before spike
[14:09] {dino} lucky, but not enough luck
[14:10] {bruce} you've got 70c - I'd have been out already on that spike
[14:10] {dino} 100 shares
[14:11] {dino} have to talk to chuck
[14:12] {dino} ilmn lod
[14:12] {bruce} lunch money in vads words
[14:13] {dino} yeah, should just book it and look again
[14:17] {magoo} ELIOT SPITZER caught in prostetution RING
[14:17] {magoo} 550 dollar hookers
[14:17] {magoo} the emporers club
[14:18] {magoo} hes CNBC now
[14:19] {bruce} fslr down big today dino
[14:19] {dino} filling gap
[14:20] {bruce} you get out smts?
[14:20] {dino} no waiting for more at .76
[14:20] {GeoArb} truth stranger than fiction
[14:21] {dino} looks like i'll get it
[14:21] {bruce} k
[14:21] {dino} yes
[14:22] {dino} got it
[14:22] {bruce} hope it works - I still don't like it long
[14:23] {dino} hard stop at .08
[14:23] {magoo} no one cares?elliot caught....he got alot of enemies
[14:23] {Threei} I bet those enemies sent those gals to him
[14:23] {dino} to .15
[14:24] {dino} out, slip ave .08, +.32
[14:24] {dino} i bet you're right
[14:25] {bruce} lol - whos eliot?
[14:26] {Threei} things become inetersting
[14:26] {bruce} glad you exitied dino
[14:26] {bruce} theres that rimm pattern vad -
[14:26] {dino} thx, but its holding so far
[14:26] {bruce} 1 dollar move on break of major level
[14:30] {dino} lncr bstop to .75\
[14:30] {lumdus} interesting .. yeah, maybe i go fishing more exciting
[14:31] {bruce} lol
[14:31] {bruce} poor lum
[14:31] {bruce} if hes not trading something that moves a buck a minute he's bored out of his goard
[14:32] {dino} lol
[14:32] {Threei} very orderly selling
[14:32] {Threei} somewhat unusual, typically we had a lot of attempts to breakd the fall but today it's a very nice slow slide
[14:33] {magoo} meaning boss}
[14:33] {bruce} fslr will give you the action you want lum
[14:33] {bruce} yes - not an explosive move for sure
[14:33] {Threei} bear becomes firmly established mags
[14:33] {Threei} harder to interrupt its moves
[14:34] {Threei} if this becomes a new pattern, shorts will work easier
[14:34] {Threei} less shakeouts
[14:34] {bruce} thats a relief
[14:34] {bruce} all for that
[14:35] {magoo} oh..ok
[14:36] {Threei} I don't want to jump to conclusion on one day basis but this is something to watch for
[14:37] {magoo} we have had some furocious spikes into last two hurs of late tho
[14:37] {dino} fstr l .00 stop lod
[14:37] {lumdus} tx bruce. i always count on my friends to back me up .. hee hee
[14:37] {Threei} nothing of kind we saw last week mags
[14:38] {Threei} just usual ounces
[14:38] {Threei} not those vicious rallies killing shorts
[14:38] {dino} lncr cov .73, all day for .04
[14:39] {lumdus} in rimm 94.35 stop 94.12
[14:40] {lumdus} entry was good looked like we go up. but maybe i one of those who go for sucker rally.
[14:40] {bruce} welcome lum
[14:42] {bruce} you in fslr 182 dino?
[14:44] {dino} not w/oih -4
[14:44] {lumdus} rimm cost me -.22 ooch
[14:44] {bruce} not bad for rimm trade lum
[14:48] {Threei} if NQ doesn't lose 1680 anymore, bottom for the day is in
[14:49] {dino} fstr stopped
[14:49] {Threei} AAPL will be my long preference
[14:50] {bruce} sorry dino - tricky - had 180.80 bid then chicked out on it
[14:50] {Threei} .50 break AAPL
[14:51] {Threei} stop under .30
[14:51] {Threei} not a pure scalp, going to partial out
[14:51] {magoo} in whicha
[14:52] {Chaeron} me2
[14:52] {Chaeron} 0.49
[14:55] {Threei} come on
[14:56] {Chaeron} out\
[14:56] {magoo} really, i,m scalpin if get the chance
[14:56] {bruce} stopped aapl
[14:56] {Threei} yup
[14:56] {Chaeron} pos
[14:56] {Threei} no spine NQ
[14:58] {bruce} exactemundo
[14:58] {bruce} pos
[14:58] {bruce} pos
[14:58] {bruce} pos
[14:58] {Threei} now tell us what you really think
[14:58] {bruce} hmmmm
[14:58] {bruce} pos?
[15:00] {bruce} dino - thinking fslr worth tyr long around 180 if gets there - w 40 c stop
[15:00] {Chaeron} from some movie... Will Smith... stood for piece of ...
[15:00] {bruce} let us all guess chaeron
[15:00] {Threei} sun?
[15:01] {Threei} snow?
[15:01] {bruce} string?
[15:01] {cosmo} i like snow...
[15:01] {Threei} serenity?
[15:01] {Chaeron} yep... all those :)
[15:01] {Threei} yes serenity
[15:01] {bruce} especially serenity
[15:01] {bruce} thats a cool one
[15:01] {bruce} yeah right serentity
[15:05] {bruce} out to appointments
[15:05] {bruce} rule is any money you make in my absense should be SHARED
[15:06] * bruce slaps magoo around a bit with a large trout
[15:06] {bruce} thats for god luck
[15:06] {bruce} good luck too
[15:11] {dino} maybe bruce
[15:16] {Threei} NY GOVERNOR SPITZER INDICTED BY FEDERAL COURT IN NY; SPITZER EXPECTED TO RESIGN - FOX NEWS- In audio message apologizes to family and the public, no further details released
[15:17] {Threei} so what was his sin again?
[15:17] {patience} involved in a prostitution ring
[15:17] {GeoArb} pay for play?
[15:17] {Threei} I'll rephrase that... how is it a sin?
[15:17] {patience} i wonder if it was male or female prostitution ring
[15:18] {Threei} unless he was involved as a prostituite...
[15:19] {dino} lol patience
[15:19] {lumdus} bye bye eliiot. maybe we get a new good governor. thank goodness
[15:21] {cosmo} well...that's politics...
[15:21] {dino} have to be nuts to get into politics
[15:22] {dino} sm l aapl .45
[15:23] {Threei} one last pullback maybe, then off to 121
[15:24] {dino} $5500, magoo says why not become one, i think he'll need to drop a few lbs.
[15:25] {Threei} got .43
[15:25] {Threei} go AAPL
[15:27] {Threei} ah come on
[15:28] {Threei} half out .70
[15:29] {lumdus} again, i missed this. damm, i fell asleep
[15:30] {Threei} good boy
[15:30] {Threei} move
[15:30] {lumdus} rimm going nicely also
[15:30] {Chaeron} don't feel badly lum. I tried and missed... would have rather slept
[15:30] {GeoArb} do you have an audio alert on vad?
[15:31] {Threei} S&P LOWERS 87 RATINGS ON 15 US CDOS OF ABS; $8.956B AFFECTED
[15:31] {lumdus} bout time they did that
[15:31] {Threei} if I read market right it should shake off this and go up anyway
[15:32] {Threei} but stop is .29 for the balance
[15:33] {Threei} here we go
[15:33] {Threei} up up and away
[15:34] {lumdus} in with you .37
[15:34] {Threei} good etry
[15:34] {Threei} if I were smarter I would have gotten back that half I sold at .70
[15:34] {lumdus} now all i need is good exit and we have a "good trade"
[15:34] {Threei} just protect half
[15:34] {Threei} you have nice profit, why risk it all
[15:36] {Threei} out balance
[15:37] {Threei} too good day to spoil it
[15:38] {lumdus} yeah, very good day.
[15:38] {GeoArb} nice.....
[15:43] {Threei} bears win again
[15:43] {Threei} good to see
[15:43] {cosmo} MNKD salmon
[15:44] {Threei} those rallies were more of disruption of normal order of things
[15:44] {cosmo} red salmon
[15:47] {Threei} Ok guys, going to call it a day
[15:47] {Threei} too close to eod for me to try and do something else
[15:47] {GeoArb} thanks vad
[15:47] {magoo} ty vad
[15:47] {Threei} we are up nicely day after day while whole street is hurting
[15:48] {Chaeron} yep - many thanks again Vad
[15:48] {Threei} not going to mess with it
[15:48] {ThurstonHowellTheThird} ty good night
[15:54] {magoo} goodnite all..TY
[15:58] {dino} syke
Sunday, March 9, 2008
Mar 07 2008
Session Time: Fri Mar 07 00:00:00 2008
[08:30] {Threei} FEB CHANGE IN NONFARM PAYROLL: -63K V 23KE; CHANGE IN MANUFACTURING PAYROLLS: K V -25KE
[08:30] {Threei} *FEB UNEMPLOYMENT RATE: 4.8% V 5.0%E
[08:30] {Threei} AVERAGE HOURLY EARNINGS M/M: 0.3% V 0.3%E; AVERAGE WEEKLY HOURS: 33.7 V 33.7E
[08:31] {Threei} CHANGE IN MANUFACTURING PAYROLLS: -52K V -25KE
[08:50] {cosmo} CIEN holding 26 ...so far ...fwiw
[08:56] {cosmo} 25.90 is key imo
[09:00] {dptl} good morning all
[09:01] {Threei} cos, dp :)
[09:01] {cosmo} :)
[09:01] {cosmo} small world...
[09:05] {magoo} toough getting in again
[09:05] {magoo} morning]
[09:05] {Threei} magoo :)
[09:05] {magoo} and can't get into realty trader vad
[09:07] {Threei} maybe because it's reality, not realty?
[09:08] {magoo} oy
[09:11] {magoo} crushed BOOM last nit 10 points
[09:17] {magoo} vad, short too easy today? as in too obvious..cnbc all gloom
[09:17] {Threei} that's a first assumption
[09:17] {Threei} will see how it goes
[09:18] {magoo} or is everyone thinkng the contrarion view
[09:18] {magoo} so, obvious down is just that..down
[09:19] {magoo} oversold bounce.then crushed? dunno
[09:20] {Threei} you are thinking too hard
[09:20] {ThurstonHowellTheThird} gm all
[09:20] {Threei} thtt :)
[09:21] {magoo} i know..it hurts
[09:21] {magoo} THTH:)
[09:22] {cosmo} hmm...maybe time to buy realestate? ...just a thot
[09:24] {Raven}
3 it is the only thing you can do here cosmo ... ya sure can't sell anything ...
[09:25] {GeoArb} gm all
[09:25] {Threei} geo :)
[09:25] {cosmo} well..you can still sell your sole
[09:25] {tomg} gm all
[09:25] {Threei} tom :)
[09:25] {Raven}
3 lol ... soal ?
[09:26] {Raven}
3 soul?
[09:26] {cosmo} take your pick
[09:26] {Raven}
3 rofl
[09:27] {cosmo} CIEN tests
[09:27] {GeoArb} quick Q for you guys.... do all of you guys use 1:10 or some use 1:4 from retail?
[09:28] {GeoArb} SEC closed down one of the brokers in my neighbourhood.... for too much leverage without series 7 yesterday
[09:28] {GeoArb} http://www.sec.gov/litigation/litreleases/2008/lr20480.htm
[09:28] {esemde} good morning....still server problems i see...will not let in automatically
[09:28] {Threei} ese :)
[09:29] {GeoArb} its the same business model as all so I am concerned
[09:29] {esemde} even more important
[09:29] {esemde} how do you get rid of a massive headache?
[09:29] {ThurstonHowellTheThird} Vodka?
[09:29] {Threei} ummm... beer?
[09:30] {cosmo} lots of coffee
[09:30] {ThurstonHowellTheThird} bloody mary
[09:31] {cosmo} hair of the dog
[09:31] {esemde} am trying the coffee thing as we speak
[09:32] {cosmo} cheers
[09:33] {lumdus} good morning.
[09:34] {esemde} lum
[09:35] {Threei} lum :)
[09:36] {Threei} CSIQ 21 long half lot
[09:36] {Threei} stop under .80
[09:36] {Threei} 1:1 was easy
[09:38] {magoo} out .32 TY
[09:38] {Threei} :)
[09:38] {ThurstonHowellTheThird} out .40 ty
[09:38] {magoo} nice fill THTT
[09:38] {Threei} welcome guys, good reflexes
[09:39] {magoo} was fast
[09:39] {magoo} scalpers friday vad???
[09:40] {Threei} as always
[09:41] {cosmo} CIEN wants 27
[09:41] {cosmo} imo
[09:44] {magoo} out .97 NICE call cos + .21
[09:44] {Threei} LLTC .71 long .59 stop
[09:44] {lumdus} in xlnx 22.60
[09:45] {lumdus} stop 22.48
[09:45] {magoo} in
[09:45] {Threei} WHITE HOUSE SAYS DISAPPOINTED IN TODAY'S US EMPLOYMENT DATA DECLINE- White House economic advisor Lazear expects the stimulus plan to start helping in a quarter or two, could see a strong "summer quarter."
[09:45] {Threei} 1:1 in a hurry
[09:46] {magoo} out .83 TY
[09:46] {magoo} FL
[09:46] {Threei} :)
[09:46] {magoo} + .13
[09:46] {bruce} half out lltc +.13
[09:47] {lumdus} vad on fire today
[09:47] {magoo} he was yesterday TOO
[09:47] {Threei} was I here yesterday?
[09:48] {bruce} only in body vad
[09:48] {GeoArb} you were in the other reality trader room we couldnt get into :D
[09:48] {Threei} it's all a blur
[09:48] {lumdus} i couldn't get in ..
[09:48] {lumdus} xlnx working nicely .. hopefully
[09:49] {bruce} out balance lltc +.31
[09:49] {bruce} thanx vad
[09:49] {magoo} nice bruce
[09:49] {Threei} so... with the worst economic data this morning, market goes back to green
[09:49] {Threei} bruce :)
[09:49] {lumdus} crazy .. huh ?
[09:50] {Threei} nah... normal for the market
[09:50] {patience} plunge protection team at work
[09:50] {magoo} oversold bounce vad...alot of overhead resistance...people will be looking to get out
[09:50] {bruce} course vad - just a bounce though - not necessarily going green for day
[09:51] {magoo} cxould last few days, but people who are crushed in positions will be looking for any chances to exit
[09:51] {bruce} lltc wants more
[09:51] {bruce} still like it long vad?
[09:51] {esemde} long CIEN n.46
[09:51] {Threei} no setup
[09:52] {cosmo} wont die
[09:52] {cosmo} ... the 'wont die' setup?
[09:52] {esemde} out CIEN .80
[09:52] {Threei} good jump ese
[09:52] {Threei} fast and easy
[09:53] {esemde} whoa that was quick ...couldn't even post my bstop
[09:53] {cosmo} party like 1999
[09:53] {bruce} skf down 8 bucks since open
[09:53] {esemde} +.34 I like it
[09:53] {esemde} and it's still goin
[09:54] {esemde} just like you diagram them Vad
[09:57] {lumdus} out xlnx 22.84 + .24
[09:58] {magoo} missed aapl and rimm bounce..was watching boyth in .15 areat
[09:58] {lumdus} i want jpm badly, just need some sharp pullback
[09:58] * bruce slaps magoo around a bit with a large trout
[09:58] {bruce} take that mags
[09:58] {magoo} u get them bruce??
[09:59] {bruce} not a chance
[09:59] {bruce} \wasn't paying enough attention to em but got them on screen
[10:00] {bruce} lltc broke again
[10:00] {magoo} i had aapl long locked and looaded 121.09..didn't pull trigg
[10:01] {Threei} YESSSS
[10:01] {Threei} FED'S KOHN: FED IS MINDFUL OF RISK DUE TO HIGHER ENERGY PRICES
[10:01] {bruce} dcsiq up overa buck vad
[10:01] {esemde} man....market just barely green in some spots and things are a jumpin......
[10:01] {Chaeron} hi all
[10:01] {Threei} chaeron misses party again
[10:01] {bruce} hey chaeron
[10:01] {esemde} CHHHHHHH BABY!!!!!
[10:01] {Chaeron} *sigh*
[10:02] {magoo} hi bud..why u late everyday?
[10:02] {Chaeron} kid
[10:02] {Chaeron} gonna change tho
[10:02] {esemde} pourquo?
[10:03] {magoo} i think vad went home
[10:03] {Threei} .21 LLTC for a scalp if holding above .10
[10:03] {bruce} cien and lltc both sittingat highs
[10:04] {Threei} invalidated
[10:04] {esemde} vad is always lurking....
[10:05] {Threei} in the shadows
[10:05] {magoo} aapl or rimm short somewhere
[10:05] {magoo} not in just looking
[10:06] {magoo} if mkt decides to pullbk
[10:06] {bruce} skf reversing
[10:06] {bruce} high risk trade
[10:06] {magoo} i want low risk
[10:06] {Chaeron} I want high reward :)
[10:07] {bruce} too late - miisedit
[10:07] {bruce} more than a buck in a couple mins mags
[10:08] {magoo} cnbc just said"why would anyone want to be long going into this weekend?"
[10:08] {Threei} AMKR .69 long if holding above .60
[10:09] {bruce} over 2 bucks now mags in skf
[10:10] {magoo} AMKR vad..slow personality?
[10:10] {patience} bruce, dcc please
[10:10] {Threei} yeah, it's a creeper
[10:10] {Threei} if works, has p;otential to about .90
[10:11] {bruce} good to know vad
[10:11] {magoo} like triple cause slow?
[10:11] {Threei} if stop size allows for that, sure
[10:11] {magoo} thats are debate someday..but not now :)
[10:12] {magoo} suspense is killing u :)
[10:12] {lumdus} ok, so it sounds we got it right today. a runup, then all those looking to bail get out and now we should go higher according to early morning theory
[10:12] {magoo} EXCEPT.if IF mkt wants to dump into bell
[10:13] {magoo} but hey, oversold bounce was fdiscussed
[10:13] {Threei} "early morning theory" - if you see a stranger in the mirror, shave him anyway, chances are it's you under strong hangover
[10:13] {magoo} cionfused now
[10:13] {lumdus} yeah vad waht are you trying to say ?
[10:14] {ThurstonHowellTheThird} lol
[10:14] {magoo} vad had a stranger overnite...hes hungover..but still offers to shave him??uh
[10:14] {bruce} lltc may test highs again vad
[10:15] {bruce} amkr almost to trigger crew
[10:15] {bruce} (thats for magsw hisshort attention span)
[10:16] {lumdus} ok, here comes the big rally in jpm, bac, slm .. i hope so now
[10:20] {Chaeron} AMKR - in
[10:20] {magoo} in
[10:20] {lumdus} dean on i am .
[10:20] {lumdus} out jpm + .55
[10:20] {ThurstonHowellTheThird} in .70
[10:21] {magoo} in rimm too .50 just noe
[10:21] {Chaeron} thanks Vad
[10:21] {Threei} not yet
[10:21] {lumdus} out bac +.70
[10:21] {magoo} out .82
[10:21] {magoo} rimm
[10:21] {lumdus} stil have slm
[10:21] {magoo} over 99 coming but hey scalping
[10:22] {lumdus} out slm +.32
[10:22] {bruce} wow - nice lum
[10:22] {lumdus} i gave the heads up to follow.
[10:22] {magoo} as long as mkt cooperates that is
[10:22] {magoo} vad, how many u take AMKR?
[10:22] {lumdus} magoo, i though it was obvious.
[10:23] {magoo} what obvious?
[10:23] {Threei} I take the Fifth
[10:23] {Chaeron} I'll take a fifth
[10:23] {magoo} lum??
[10:23] {lumdus} in schw
[10:24] {magoo} no one really knows..so i scalp..also, rimm mean animal, if mkt rolls it rolls twice as hard, so i always habvwe QQQQ chart up as early indicator
[10:24] {bruce} fwit - amkr stop would be about .59?
[10:24] {Threei} for now yes
[10:25] {bruce} k - thanx
[10:25] {Threei} if breaks .75 trailing to .64
[10:25] {magoo} big hit for FITH numvbr sghares
[10:25] {Threei} [10:11] {magoo} like triple cause slow?
[10:25] {Threei} [10:11] {Threei} if stop size allows for that, sure
[10:26] {Threei} your position size is defined by risk tolerance, size of an intended stop and slippage
[10:26] {Threei} slippage is almost negligible with AMKR
[10:26] {lumdus} vad, favor please - what the bid ask on ctum. ?
[10:27] {bruce} nvda looking like possible long
[10:27] {bruce} red on it vad?
[10:27] {Threei} you know how much you are willing to lose on a given trade, you have your stop size... the rest is calculator function
[10:27] {bruce} read
[10:27] {Threei} or abacus
[10:27] {lumdus} can someone give me bid x ask on ctum
[10:27] {Threei} market wekens bruce... waiting to see what transpires next
[10:28] {Chaeron} 2.26x2.28
[10:28] {lumdus} tx chareon
[10:28] {bruce} k
[10:28] {Chaeron} my pleasure lum
[10:29] {Threei} RMBS looks better long candidate than NVDA if market resumes up, brucr
[10:29] {bruce} theres the amkr mini shake
[10:29] {lumdus} back in jpm 38.60
[10:30] {Threei} ABK CERBERUS BOUGHT 50M IN SHARES
[10:30] {bruce} lltc trying highs again vad
[10:30] {lumdus} comon market zoom up quickly and fast,
[10:31] {lumdus} jpm, you need to break HOD now !!
[10:31] {bruce} borrow vads boots lum
[10:31] {lumdus} vad thinks i am crazy today..
[10:32] {Threei} important thing is what JPM thinks
[10:32] {bruce} jpm break looks like a toughie - you have double top already wout break
[10:32] {lumdus} ok, i hope you wrong bruce
[10:33] {lumdus} i think this market about to explod up like 200 points
[10:33] {lumdus} but when it goes down i will change my mind ..
[10:34] {magoo} vad,,u reading aapol today? always right?
[10:34] {lumdus} bruce hit jpm hard now .. comon
[10:34] {esemde} long CIEN .18 1/2 lot
[10:34] {bruce} lol lum
[10:34] {bruce} kick it over for you?
[10:34] {bruce} no chance
[10:35] {lumdus} whatever it takes
[10:35] {bruce} would like to see consolidate at high beofre that
[10:35] {esemde} out CIEN .44
[10:36] {bruce} very nice ese
[10:36] {esemde} +.26 man this one is jumping
[10:36] {lumdus} bruce, so maybe i get out and wait
[10:37] {esemde} what was the news on CIEN anyway....or was there any?
[10:37] {bruce} if you have profit has what I'd do
[10:37] {Threei} 07:00am [CIEN] Reports Q1 $0.47 v $0.40e, R $227.4M v $225.6M
[10:38] {esemde} tks Vad
[10:38] {esemde} man look at it go
[10:38] {bruce} sheesh -ssholda been playing cien
[10:38] {esemde} .12 short of being up 4 bucks
[10:38] {bruce} all that volume
[10:38] {Threei} ugh... hesistated too long to call AMLN long
[10:39] {magoo} vad..u ignoring magoo?
[10:39] {Threei} ?
[10:39] {Threei} what are you talking about?
[10:40] {magoo} 10:34] {magoo} vad,,u reading aapol today? always right?
[10:40] {Threei} missed it
[10:40] {magoo} just funnin
[10:40] {Threei} but since you asked.,.. yes
[10:40] {Threei} {GGG}
[10:40] {magoo} thought so :)
[10:40] {magoo} whats new?
[10:41] {magoo} nice AMKR bounce
[10:41] {magoo} i got 2k
[10:41] {Threei} market helps
[10:41] {bruce} slm lookinglong now lum
[10:41] {Threei} sheesh CIEN
[10:41] {bruce} yeah vad - we really missed that one
[10:41] {magoo} dow green 46
[10:42] {esemde} ya 1min chart on CIEN is a thing of bueaty to look at....
[10:42] {magoo} vad, u should paste our earlier morn thoughts
[10:42] {magoo} right when i got in
[10:42] {magoo} for room
[10:43] {Threei} BRCM stays red in all this hoopla
[10:43] {bruce} long breaks woring today - seemslike forever since we've seen that
[10:43] {Threei} .50 nearest resistance
[10:43] {Threei} this is your short candidate if market reverses down
[10:44] {GeoArb} hi, how do you sortlist the stocks to watch?
[10:44] {bruce} amkr resistance at .80
[10:44] {Threei} we don't geo, we wat5ch all 10,000
[10:44] {GeoArb} heh
[10:44] {Threei} :)
[10:44] {Threei} scannewr spitrs them out
[10:44] {Threei} spits
[10:45] {GeoArb} ok I have all 4 windows up
[10:45] {lumdus} bruce, tx for the move.. i sold jpm .90 and will wait a break
[10:45] {Threei} plus some of them are "usual suspects"
[10:45] {GeoArb} ok
[10:45] {Threei} let me count
[10:45] {Threei} I have 14
[10:45] {curtisweese} i made it in!
[10:45] {Threei} curtis!!
[10:45] {GeoArb} ok
[10:46] {GeoArb} yeah i am trying to get a setup with the usual suspecta always up
[10:46] {Threei} just when magoo dcced me to ask whether I poisoned you with hemlock
[10:46] {Threei} and I was ready to confess
[10:47] {curtisweese} ffiv was awesome to me this morning....sold it all now tho
[10:47] {Threei} what wasn't
[10:47] {curtisweese} im alive!
[10:48] {Threei} see magoo? and I thought I was a ruthless murderer
[10:48] {Threei} I = you
[10:48] {cosmo} i thot hemlock was voluntary....
[10:48] {curtisweese} did great yesterday on it.....almost $2k ....now i'm scared....i think we might be looking at dive today...your thoughts?
[10:48] {Threei} it is cosmo... it's just that they open your mouth with pliers and pour it in, then you volunteer
[10:48] {bruce} glad jpm worked out ok lum
[10:49] {Threei} good job surtis
[10:49] {Threei} don't guess
[10:49] {Threei} go with what market does
[10:49] {Threei} truth is noone knows
[10:49] {lumdus} vad, lltc ?
[10:49] {bruce} lol - freudian slip vad - telling us your true nature
[10:50] {bruce} murderer
[10:50] {magoo} dino would say.."buy when the bloods running in the street" surtis
[10:50] {bruce} donkey abuser
[10:50] {bruce} heres a plan folks
[10:50] {bruce} lets all buy somethng
[10:50] {Threei} LLTC still looks like long lum... but risk becomes a bit too much for my taste here
[10:50] {lumdus} long lltc ? any ideas ?
[10:51] {lumdus} ok vad tx
[10:51] {bruce} then vadster can keep bying 1k lots every 10 secs or so
[10:51] {Chaeron} wow... 3i is a mind reader too
[10:51] {Threei} I wou;ld slow down on longs a bit
[10:51] {bruce} when we get our 20 c we sell to vad
[10:51] {Threei} hmmm
[10:51] {bruce} whatcha think vad?
[10:51] {lumdus} ok then i hold off vad
[10:51] {Threei} and I would want to provide this kind of service why?
[10:52] {bruce} hmmm
[10:52] {magoo} i like it bruvce'
[10:52] {bruce} your good nature?
[10:52] {Threei} mine?
[10:52] {bruce} k thats 2 for the plan so far vad
[10:52] {magoo} to avoid murder conviction??
[10:52] {Threei} good ature?
[10:52] {curtisweese} what to short? hmmmm
[10:52] {bruce} yepperws
[10:52] {bruce} you can redeam yourself
[10:52] {Threei} wait for me next 5 minutes, I need to get a hold of myself, those parixisms of hysterical laughter take time
[10:52] {bruce} redeption doesn't come cheap you know
[10:53] {bruce} sheesh
[10:53] {bruce} a great plan and hes not even taking it seriously
[10:53] {lumdus} bruce, nice save on jpm for me. tx bud
[10:53] {Threei} ok, with all this banter anyone shorted BRCM?
[10:54] {Threei} asking just in case need guidance
[10:54] {bruce} good thing you sold jpm lum
[10:54] {lumdus} right, perfect plan you gave me .. had +.45 and waited
[10:55] {lumdus} hmm, lltc looks way to strong. i wish vad would let me take it.
[10:55] {lumdus} common, vad can i take lltc ?
[10:55] {magoo} i missed brcm vad
[10:55] {Threei} sure... just let it trigger
[10:55] {lumdus} ok tx boss
[10:55] {Threei} don't try to outguess it by entering in avdance
[10:55] {bruce} dumped amkr flat
[10:56] {Threei} if it's holding near high while NQ sells, buy .38 when NQ rbounces
[10:56] {lumdus} ok vad not outguessing. waiting patiently with trigger
[10:56] {Threei} closest support is .30
[10:56] {Threei} so if it triggers from here ytour stop will be nicely tight
[10:56] {ThurstonHowellTheThird} stop on AMKR stil .64?
[10:56] {curtisweese} i'm soooo hesitant to go long right now.....sigh
[10:57] {lumdus} tx vad
[10:57] {Threei} I think so ttht
[10:57] {ThurstonHowellTheThird} k thx
[10:58] {esemde} Chaeron...just noticed your ddc
[10:58] {magoo} anyonre stopped AMKR here?
[10:59] {ThurstonHowellTheThird} no
[10:59] {cosmo} who has that kind of power....
[11:00] {esemde} by the way Thurston....hows that work on the "MINOW" going?
[11:00] {ThurstonHowellTheThird} slow
[11:00] {esemde} still a big hole in it?
[11:00] {ThurstonHowellTheThird} one day we'' be off this island...then probably be back :)
[11:01] {ThurstonHowellTheThird} Skipper patched it up with coconuts
[11:01] {bruce} vad - any read on rmbs ;pullback long here?
[11:01] {Threei} looks like short to me rather
[11:02] {Threei} with .61 stop
[11:02] {magoo} hows island internet connection speed THTT
[11:03] {curtisweese} Vad, what stock drops big with drop in market and has some nice volume? just so i can watch it
[11:03] {Threei} RIMM, AAPL
[11:03] {curtisweese} i'm watching them already....they are fun, but fast :(
[11:03] {ThurstonHowellTheThird} good , visitor left satelite sender/receiver
[11:04] {bruce} thanx vad - waiting to see how it shapes up - pretty big drop already
[11:04] {Threei} other usual asuspects curtis: NVDA, BRCM
[11:06] {magoo} stopped aMKR btw.63
[11:06] {magoo} i hate those..sit long...barelky get dime..always stop ui
[11:07] {Chaeron} me too mags... stopped and hate them as much
[11:07] {Threei} yeah but then you don't take next one and cry when it goes
[11:07] {magoo} and thats the pattern
[11:07] {magoo} i won't and u get a buck :(
[11:08] {Threei} so... just like any other stock, some of them work and some don't
[11:08] {Threei} either you reject this kind altogtther as not matching your style
[11:08] {Threei} or you play them all
[11:08] {Threei} but don't try to mix and match
[11:08] {magoo} lately, and i remember u commenting this...they hold us hostage allday and then stop us out
[11:09] {Threei} my point is:
[11:09] {Threei} if you try to pick a winner out of those
[11:09] {magoo} OY
[11:09] {magoo} LOL
[11:09] {Threei} it's an attempt to outsmart the market
[11:09] {Threei} never works
[11:09] {Threei} dismiss them as a kind, no problem
[11:09] {Threei} I alerted it was a slow one
[11:09] {curtisweese} doh!! missed my FFIV short I was waiting for....grrrr
[11:10] {Threei} anyone took RMBS short?
[11:10] {magoo} your doing greatt vad...they just are not my style and i just hate them
[11:10] {Threei} so ignore them
[11:10] {magoo} I CAN"T
[11:10] {Threei} noone plays everyting
[11:10] {magoo} I DO
[11:10] {Threei} of course you can
[11:11] {Threei} let me show you how easy it is
[11:11] {magoo} except the ones bruce forgets to reminfd me
[11:11] {Threei} enter this symbol please:
[11:11] {Threei} BRK.A
[11:11] {magoo} BRKA
[11:11] {Threei} with .
[11:11] {Threei} now watch me not playing it
[11:11] {Threei} see? not playing
[11:12] {GeoArb} hahahahahaha
[11:12] {Threei} easy
[11:12] {GeoArb} is that berkshire?
[11:12] {Threei} yes :)
[11:12] {magoo} i just tried it with a "." cause pulled nothing up..u got me
[11:13] {Threei} you mean you are not getting quotes for it?
[11:13] {curtisweese} Magoo is mad cuz he hasn't played that one from $500 level hahahah
[11:15] {magoo} nope
[11:15] {magoo} there are some synmols i do not get quotes
[11:15] {Threei} BRK.A
[11:16] {ThurstonHowellTheThird} B R K . A
[11:16] {Threei} no?
[11:16] {magoo} ah, now do THTT
[11:16] {magoo} ok IN
[11:16] {Threei} ok.;.. you really can't refrain from playing :)
[11:17] {lumdus} how can you play when market have no read ?
[11:19] {bruce} nvda setting up as possible short
[11:20] {Threei} yup
[11:20] {Threei} if stays under 20
[11:22] {lumdus} l rimm 98.69 sto p..
[11:23] {bruce} s nvda .90
[11:23] {ThurstonHowellTheThird} ditto bruce
[11:28] {curtisweese} die NVDA die!! i'm rooting for you
[11:29] * Threei hits NVDA over the head with 2x4 endowed with rusty nails
[11:29] {bruce} thanx curtis - vad
[11:30] {bruce} nvda stop to 19.95
[11:31] {ThurstonHowellTheThird} big bid at .80 moving my exit to .81
[11:33] {GeoArb} see you all later... bye
[11:33] {Chaeron} see you Geo... good weekend
[11:34] {GeoArb} got the course today... so busy :)
[11:34] {GeoArb} bye
[11:34] {magoo} bye Geo
[11:34] {hawkfan4} thanks for the BRCM heads up Vad, very nice
[11:35] {lumdus} you mean the brcm heads down .. :)
[11:35] {curtisweese} l RIMM 98.11 (i'm a rookie fyi)
[11:35] {bruce} bye geo
[11:35] {lumdus} curtis not bad for a rook, just flip the coin :)
[11:39] {Threei} hawk :)
[11:40] {curtisweese} out RIMM +$.25
[11:40] {curtisweese} too early :(
[11:41] {curtisweese} could have had twice that.....{tells self, don't be greedy don't be greedy}
[11:42] {bruce} stopped nvdaw - sorry if you got stopped thtt
[11:42] {lumdus} that's why you rookie .. he hee
[11:42] {curtisweese} wait!!! it is dying.....so ended up being smart
[11:42] {bruce} working now
[11:44] {curtisweese} shorting rimm now 98.08 (i'm a rookie be careful!)
[11:44] {magoo} fast sh rimm loss 98]
[11:44] {ThurstonHowellTheThird} out NVDA .81 ty bruce
[11:44] {bruce} great thtt
[11:44] {bruce} should have kept a bit bigger stop myself
[11:44] {Threei} over 1:1
[11:45] {bruce} dropping nicely now
[11:45] {magoo} out
[11:46] {magoo} out for hour, don't make to much
[11:46] {curtisweese} out RIMM short +$.55!!!
[11:46] {Threei} that's disgusting
[11:46] {curtisweese} rode it up and then down....whew
[11:46] {Threei} you guys don't leave money for anyone else in the maarket today
[11:46] {bruce} yes - less thatn a buck
[11:46] {bruce} hardly worth taking
[11:47] {curtisweese} i made $500 on the way up and $500 on way down...shrug
[11:47] {Threei} if you keep this up, noone will come out and play with you tomorrow
[11:47] {bruce} presonally - Im not playing tomorrow
[11:48] {bruce} you may be on own vad
[11:48] {Threei} yeah
[11:49] {Threei} luckily I am comfortable talking to my reflection in the mirror
[11:49] {curtisweese} RIMM short here looks good to me, but has to fall below .57 or so
[11:49] {Threei} the fact that I don't always recognize myself helps
[11:49] {Chaeron} does this have to do with the shaving thing earlier? (trying to follow)
[11:50] {Threei} one of aspect chaeron, yes
[11:50] {Chaeron} ah
[11:52] {Threei} 1:2 NVDA
[11:52] {bruce} that nvda short looking nice
[11:52] {bruce} you took itvad?
[11:52] {Threei} yes
[11:52] {bruce} great
[11:53] {Threei} out though
[11:53] {bruce} k 1 to 2 isOK
[11:56] {Threei} NQ
[11:57] {Threei} short .99
[11:57] {Threei} stop 10.11
[11:57] {Threei} awww
[11:57] {Threei} wrong symbol
[11:57] {Threei} NG
[11:57] {Threei} still there though
[11:58] {curtisweese} Shorting RIMM again 97.74
[12:02] {curtisweese} out RIMM short +$.14
[12:02] {curtisweese} got scared hehehe
[12:03] {lumdus} curtis i think amzn better short if you trading ..
[12:04] {curtisweese} wow....look at that freefall
[12:04] {curtisweese} well not free for many....hahaha
[12:06] {curtisweese} there goes rimm .....i'm such a chicken
[12:06] {lumdus} but amzn did better ?
[12:06] {curtisweese} yeah i'm watching both now
[12:12] {ThurstonHowellTheThird} Vad: I am going to set hard stop for Ng with Laser at 10.11 do I leave speed setting at FIXED?
[12:13] {Threei} I don't remember what that setiing does
[12:14] {Threei} gotta read help
[12:14] {ThurstonHowellTheThird} LAserDave1 or dptl?
[12:14] {Threei} thtt... here is attention-getter for lasredave:
[12:14] * Threei slaps Laserdave1 around a bit with a large trout
[12:15] {bruce} fyi - that nvda short just hit 3 to 1 vad
[12:15] {Threei} kewl
[12:16] {ThurstonHowellTheThird} oh well no biggie, I'll just leave it on FIXED
[12:16] {dptl} yes fixed
[12:16] {ThurstonHowellTheThird} thx
[12:16] {esemde} gone for the weekend....have good one all...
[12:17] {Threei} take care ese
[12:17] {bruce} bye ese
[12:18] {Threei} I never tried OMS module on listed stocks
[12:20] {curtisweese} shorting RIMM one more time (be careful!) 97.13
[12:20] {ThurstonHowellTheThird} oh yeah. maybe I will just wait......was just going to go do my lunchtime workout...
[12:23] {bruce} good for you thtt - you skip eating at exercise over lunch?
[12:24] {ThurstonHowellTheThird} I do both ..firts exercise then eat at my desk
[12:24] {ThurstonHowellTheThird} firts ==first
[12:25] {bruce} k
[12:25] {Threei} hmmm
[12:25] {Threei} maybe that's what am I doing wrong
[12:26] {Threei} eating yes... exercising no... could that be a reason I am not losing wieght
[12:26] {Threei} nah, it can't be
[12:26] {bruce} vad - read on ebay break of 26 long?
[12:27] {Threei} it became very tough player lately
[12:27] {Threei} too narrow
[12:27] {bruce} vadgets his exericse chasing his cat away
[12:27] {Threei} not sure
[12:28] {bruce} k - thanx vad - passing on it
[12:29] {ThurstonHowellTheThird} Vad , Iwas thinking that you need stay healthy for some of our trading careers to continue, or let us take life insurance out on you :)
[12:29] {bruce} bac on break of .65 looks like it has potetnital vad
[12:30] {Threei} fe insurance? is it one of those things people get killed for?
[12:31] {bruce} l bac .65 stop .60
[12:33] {ThurstonHowellTheThird} no no, it is only to insure ourselves that if you kick the bucket then we get soem compensation (but if someone like magoo starts getting ideas ...the )
[12:33] {Threei} that's what I thought
[12:34] {curtisweese} Out RIMM short +$.39
[12:36] {curtisweese} darn ...out too early again
[12:36] {bruce} stopped bac
[12:36] {bruce} -.07
[12:37] {lumdus} xto is short
[12:38] {bruce} another swell idaea
[12:39] {bruce} lets ALL take out insurance on vadster and then get mags to do the dirty deed
[12:39] {Threei} well
[12:39] {curtisweese} RIMM's drops are flattening out.....might be time to buy on dip for big pop ....Vad, your thoughtsS?
[12:39] {bruce} I take that back
[12:39] {bruce} thats in poor taste
[12:40] {Threei} you will have to go through Yuri the Kneeshooter and Ivan the Enforcer
[12:40] {bruce} heaven forbid we ever tease in poor taste here
[12:40] {bruce} I like my knees
[12:41] {curtisweese} grrr...market can just tank though at any time, so long makes me cringe...sigh
[12:43] {ThurstonHowellTheThird} well, if you don't want o get life insurance, than maybe we can get you to eat healthier, quit smoking and exercise everyday ;()
[12:43] {Threei} you can try...
[12:44] {ThurstonHowellTheThird} Ok what is your wife's number?
[12:44] {Threei} and as long and your idea of heaalthy eating includes bacon, you WILL succeed at least in this part
[12:44] {ThurstonHowellTheThird} lol j/k
[12:44] {bruce} vad - studies prove that guys who exercise have better luck at crabbing
[12:44] {bruce} there (givning him an incentive thtt)
[12:45] {Threei} oh, no need for me to exercise then
[12:45] {bruce} lol
[12:45] {Threei} you have no idea how crabby I can be
[12:45] {dptl} lol
[12:45] {Threei} just ask my first 4 wives
[12:45] {ThurstonHowellTheThird} lol
[12:47] {bruce} l bac again - same stop
[12:47] {curtisweese} l RIMM 97.25
[12:51] {curtisweese} out RIMM +.28
[12:52] {Threei} see EBAY bruce? non-player
[12:54] {curtisweese} shorting RIMM 97.39
[12:59] {curtisweese} lost on short of RIMM -.$.14
[13:00] {Threei} good discipline
[13:02] {bruce} yes - thanx vad
[13:03] {curtisweese} should have had looser stop maybe....looks primed to dive
[13:03] {curtisweese} double camel and all that
[13:03] {curtisweese} crap it is....sigh
[13:04] {curtisweese} don't die now....grrrr LIIIIIVE
[13:05] {curtisweese} just barely too tight of stop
[13:12] {bruce} stopped twice in bac - done w it
[13:14] {curtisweese} jeez i jumped out of that rimm short too early .14 loss was really .50 win...sigh
[13:15] {bruce} rimms tough curtis
[13:15] {bruce} keep your stops or you'll get killed in it
[13:18] {Threei} things become interesting again
[13:19] {lumdus} which way you thinkin vad .. down up or who the heck knows
[13:20] {Threei} no direction yet, just opportunities are about to materialize
[13:21] {Threei} looks like shorting bounce is the closest play
[13:22] {Threei} finegr on a trigger for RIMM
[13:22] {lumdus} gun coked .. on rimm
[13:22] {Threei} in
[13:22] {Threei} .71 stop
[13:22] {lumdus} short / long ?
[13:22] {Threei} short
[13:23] {Threei} [13:21] {Threei} looks like shorting bounce is the closest play
[13:23] {lumdus} that was no bounce yet ..
[13:25] {bruce} out rimm - quick +.24 -
[13:25] {curtisweese} die!!!
[13:25] {bruce} thanx vadster
[13:25] {Threei} sure
[13:25] {Threei} half out +.23
[13:27] {bruce} bad math - I only took .14 - still bigger than stop though
[13:28] {Threei} out in full
[13:28] {Threei} +.50
[13:28] {curtisweese} disgusting :P
[13:29] {Threei} it is
[13:29] {bruce} veddy nice vad
[13:29] {bruce} had no guts on that trade - couldn't read it
[13:29] * Threei slaps magoo around a bit with a large trout
[13:29] {Threei} wake up
[13:30] {lumdus} he is snoring very loudly
[13:30] {Threei} no kidding
[13:30] {curtisweese} msft looks to break out if gets up around 27.74 or so
[13:30] {lumdus} what's up with kr ? looks like it could go for a run
[13:30] {Threei} canhear him over almost whole continent
[13:30] {curtisweese} rimm is dying
[13:31] {lumdus} it's in icu
[13:31] {curtisweese} could have had $1
[13:31] {curtisweese} almost
[13:31] {bruce} yes - nice selloff
[13:33] {Threei} lol, I feel like I was sleeping in the bushes during ambush... woke up, saw victim go by, pounced, killed, went back to sleep
[13:33] {Threei} (ate too)
[13:33] {bruce} kicking myself - just plain dumb to exit so early on that one
[13:33] {Threei} wait!
[13:33] {Threei} don't kick yourself yet
[13:33] {curtisweese} yeah...me too :( but bulls make money, bears make money....pigs get slaughtered!
[13:33] {Threei} OK, got popcorn, now you can start
[13:34] {bruce} mmm popcorn
[13:34] {bruce} sounds good
[13:35] {Threei} bounce time almost
[13:36] {lumdus} rimm, really taking a hit. amzn holding strong
[13:36] {curtisweese} jeez, that could have been a grand slam....lol over $1 yum
[13:36] {bruce} kinda looks that way
[13:36] {bruce} clowse to 95
[13:36] {Threei} or quick dive under
[13:36] {curtisweese} i'm still happy though...my money is on sidelines and i'm not losing anything at least
[13:37] {Threei} HEARING NEGATIVE CHATTER BEING CIRCULATED ABOUT A RIMM INDIAN SERVICE PARTNER BEING REJECTED BY THE DEPT. OF TELECOM
[13:38] {curtisweese} {Execution} Bought 700 shares of RIMM @$96.3199 to cover WAAAAA! eheheheh
[13:38] {curtisweese} that was $1 ago...waaaaa
[13:40] {curtisweese} 10 week chart shows another level at mid 94 range...might fall to there now...hmmm
[13:44] {bruce} still looks short - but stop too big for my taste here
[13:45] {curtisweese} s RIMM from 95.15 and looking for 94.60 range for exit.....scared but i'm in....
[13:46] {bruce} nice one curtis
[13:47] {curtisweese} uh oh
[13:48] {bruce} well vadster - any read on an entry?
[13:48] {Threei} nope
[13:48] {bruce} k
[13:49] {lumdus} just trhow the darts ..
[13:49] {bruce} stop for curtis?
[13:49] {bruce} looks like .50 or so
[13:49] {curtisweese} i had .40 but .50 is better
[13:50] {Threei} i guess
[13:50] {curtisweese} die RIMM ...blackberry sucks....though i'm using mine right now...sigh
[13:50] {bruce} vad sounds definitive
[13:51] {bruce} you trade on one?
[13:52] {curtisweese} rimm dies now....i feeeeeeel it
[13:52] {curtisweese} or soars ....lol
[13:52] {bruce} its gonna do something - no idea what
[13:53] {curtisweese} out...loss!
[13:53] {curtisweese} .24 loss...i pulled stop early....no discipline...sigh
[13:53] {curtisweese} it will punish me for that early pull out
[13:53] {bruce} vad that last rimm short call was a bear flag right?
[13:54] {Threei} yes
[13:54] {bruce} k - thought so
[13:54] {Threei} shallow retracement on low volume
[13:55] {bruce} k- thanks
[13:56] {curtisweese} so no market rally into close on friday with all of the concerns out there, eh?
[13:56] {bruce} kinda lookin like a rimm long here - if breaks .50 and holds .25
[13:56] {bruce} your thoughts vad?
[13:57] {bruce} too late
[13:57] {bruce} or not
[13:58] {Threei} no confidence
[13:58] {bruce} k
[13:59] {bruce} thought you just had me on iggy with mags
[13:59] {bruce} where is mags?
[13:59] * bruce slaps magoo around a bit with a large trout
[13:59] {bruce} wake up
[14:00] {lumdus} maybe he fainted
[14:01] {bruce} I like the way you played the flag vad - noticed you didn't wait for break of low in that case so stop was very small
[14:01] {lumdus} long mago stop unknown
[14:02] {lumdus} aapl might recover a little.
[14:02] {curtisweese} there goes my RIMM short paying off (after i got out for a loss) lol
[14:03] {bruce} sorry curtis
[14:03] {curtisweese} here comes bounce though
[14:03] {bruce} or not - can goeither way here
[14:04] {lumdus} yeah, tought one today.
[14:05] {lumdus} so far no recovery .
[14:06] {dptl} OMRI was my girl for today...3 trades total +.94 now it's dying
[14:06] {bruce} vads last short call was beauty - find a trade with small breakout range to keep risk low - thats the way to play rimm and appl
[14:06] {bruce} congrats dp
[14:06] {dptl} ty
[14:06] {bruce} give her a hug and look for a new one
[14:06] {Threei} hmmm
[14:06] {Threei} and you never shared?
[14:07] {bruce} good point vadster
[14:07] * bruce slaps dptl around a bit with a large trout
[14:07] {curtisweese} l RIMM from 95.02
[14:07] {curtisweese} runnnnnn
[14:07] {dptl} not ready to post my trades yet trying
[14:08] {bruce} you're forgiven dp
[14:08] {curtisweese} out RIMM....sweeet!!!!! +$.55!!!!
[14:08] {Threei} not by me
[14:08] {Threei} I don't forgive anyone anything
[14:08] {Threei} just ask that mosquitoe that bit me 5 years ago and whome I tracked down for three years
[14:08] {bruce} hmmm
[14:08] {curtisweese} hahhahaha
[14:09] {dptl} lol
[14:09] {bruce} back to thtt's insurance plan vad
[14:09] {Threei} he already did pastic surgery, boguth nicaraguan passport and airtickets
[14:10] {Threei} when I caught up with him
[14:10] {Threei} never mind destroyed airport
[14:10] {curtisweese} s RIMM 95.71 tight stop
[14:10] {Threei} revenge was served
[14:11] {bruce} bet ithurt when yori took his kneecaps
[14:11] {Threei} I am sure it did
[14:11] {bruce} mind you - do msoquitoes even have kneecaps?
[14:11] {Threei} who cares
[14:11] {Threei} Yuri didn't ask before shooting
[14:12] {Threei} nor did he after
[14:12] {bruce} lol
[14:12] {bruce} good thing t was pre airport secutrity days
[14:14] {bruce} taking break
[14:18] {curtisweese} out RIMM short +$31
[14:18] {curtisweese} err .31 lol
[14:19] {curtisweese} i'm liking RIMM long at this level...anyone?
[14:20] {curtisweese} or not
[14:21] {curtisweese} 94.83 looks like great level though.....hmmm i'm tempted to reverse the market by going long again
[14:22] {lumdus} new on twm ?
[14:23] {magoo} back
[14:23] {magoo} how much u guys make?
[14:24] {Threei} [13:28] {Threei} out in full
[14:24] {Threei} [13:28] {Threei} +.50
[14:24] {Threei} [13:29] * Threei slaps magoo around a bit with a large trout
[14:24] {Threei} [13:29] {Threei} wake up
[14:24] {magoo} i posted had apptmt ..gone for hour
[14:25] {Threei} you mean you expeceted us to actually read and care?
[14:25] {magoo} that the obnly one vad????
[14:25] {magoo} only
[14:25] {Threei} you wish
[14:25] {curtisweese} rookie going l on RIMM from 95.02 trade at your own risk!!!
[14:26] {Threei} [14:08] {curtisweese} out RIMM....sweeet!!!!! +$.55!!!!
[14:26] {Threei} [14:06] {dptl} OMRI was my girl for today...3 trades total +.94 now it's dying
[14:26] {dptl} oo hiding now
[14:26] {Threei} you better
[14:28] {bruce} geesh- mags was away
[14:28] {bruce} no wonder we all made buckets of cash
[14:28] {curtisweese} here it goes....runnnnn RIMM runnnnnn
[14:28] {Chaeron} I was gone too, so maybe it saw me.....
[14:29] {bruce} easiest trades I've seen in months
[14:29] {Chaeron} was, not saw
[14:29] {Threei} moreover bruce... he thought we should haave known
[14:29] * magoo slaps bruce around a bit with a large trout
[14:29] {bruce} wow - now he expects us to listen to him?
[14:29] {lumdus} any news on twm ? acting wierd.
[14:29] {bruce} you're so inconsiderate mags
[14:29] * bruce slaps magoo around a bit with a large trout
[14:30] {magoo} u guys in RIMM long here?
[14:30] {bruce} you realize you left it to me alone to keep vadd from slipping into permanent coma?
[14:30] {magoo} tough assignment
[14:31] {bruce} you bet
[14:31] {magoo} u in anything bruce?
[14:31] {magoo} stalking anything??
[14:31] {bruce} just got back mags
[14:31] {bruce} lol
[14:32] {bruce} stalking my grill cheese sandwich
[14:33] {magoo} w/mustard?
[14:33] {magoo} vad, u in anything??
[14:34] {bruce} no- just pickles
[14:34] {bruce} kind of looks like big sellof coming vad
[14:34] {dptl} mrvl?
[14:35] {bruce} q's just broke yr low
[14:36] {bruce} yr to date that is
[14:36] {magoo} vad in coma, asked him twice bruce
[14:37] {bruce} sheesh - warned you
[14:37] {bruce} nvda possible short here
[14:37] {Threei} I am tempted to short RIMM
[14:37] {Threei} 95 break
[14:37] {curtisweese} go ahead i got out with only .10 profit....too nervous
[14:38] {curtisweese} thank god i did!!!
[14:38] {GeoArb} got the course cad... thanks
[14:38] {GeoArb} vad
[14:38] {GeoArb} heh
[14:38] {Threei} :)
[14:38] {bruce} sstop about 95.10 vad?
[14:38] {Threei} .15 for me
[14:39] {bruce} k
[14:39] {curtisweese} s RIMM too :)
[14:41] {Threei} feels like holding by fingernails
[14:43] {lumdus} has long fingernailes
[14:43] {Threei} die already
[14:43] {curtisweese} here we go
[14:43] {lumdus} where stop ?
[14:43] {Threei} 14:38] {Threei} .15 for me
[14:43] {curtisweese} at bottom
[14:44] {curtisweese} uh oh
[14:45] {curtisweese} .25 for me
[14:45] {lumdus} you risking alot curtis.
[14:46] {magoo} back, went to bank
[14:46] {lumdus} amzn and appl recovering a little. so be carefuls with rimm
[14:46] {Threei} oh well
[14:46] {bruce} out rimmsky
[14:46] {curtisweese} out...at .15 cuz you scared me
[14:46] {bruce} bastard
[14:47] {Chaeron} say thank you to lum curtis :)
[14:47] {Threei} .50 next resistance
[14:47] {curtisweese} thanks, lum!
[14:48] {lumdus} welcoem. just watching you back buddy
[14:48] {bruce} watching vad - you make the call
[14:49] {curtisweese} darn i was long from from 95.02 range before we started talking shorts...lol!!!
[14:49] {Threei} need to see NQ weakening
[14:49] {bruce} too much strength
[14:49] {lumdus} this rally looks better then before. maybe we stay up and run.
[14:49] {bruce} \96 looks like next major to me
[14:49] {magoo} waytch for spikes up
[14:50] {lumdus} magoo a bunch of nervous people. nothing more or less.
[14:51] {lumdus} i am watching amzn to take if i need a stock for the ride up. it's still not down for the day.
[14:52] {magoo} two thoughts:
[14:52] {magoo} 1)who would want to hold long over weekend
[14:52] {curtisweese} s RIMM 95.69
[14:52] {magoo} 2) but short seems to obvious
[14:54] {curtisweese} out RIMM short +$.22
[14:55] {curtisweese} jeez slipped .11
[14:55] {curtisweese} market rally into close
[14:55] {curtisweese} ?
[14:56] {Threei} toss a coin
[14:56] {lumdus} dice rolling hold on.
[14:56] {cosmo} PSPT
[14:56] {cosmo} pspt for gutsy optimists
[14:57] {curtisweese} l RIMM 95.40....very tight stop at 95.20
[14:57] {curtisweese} i'm a rookie..be careful
[14:57] {magoo} rev shark @ RealMoney thinks textbook crash setting up here and into monday
[15:00] {Threei} *JAN CONSUMER CREDIT: $6.9B V $7BE
[15:00] {Chaeron} London to pad lampposts due to too many people walking into them while texting
[15:00] {curtisweese} wow that was good timing!! out RIMM +$1.34!!!!! nice!!!!
[15:01] * magoo slaps curtisweese around a bit with a large trout
[15:01] {Threei} wtg curtis
[15:01] {curtisweese} 95.4 to 96.74 in a couple of minutes...jeez
[15:01] {bruce} congrats curits
[15:02] {dptl} gj
[15:02] {magoo} great exit too
[15:03] {lumdus} what a beautivul day
[15:04] {curtisweese} s RIMM 96.48
[15:05] {curtisweese} out RIMM short +$.23
[15:05] {curtisweese} whew!
[15:06] {bruce} you and lum should form a team curtis
[15:06] {magoo} u won't be allowed to use that rookie disclaimer much longer bud : )
[15:06] {bruce} the momo brothrs
[15:07] {curtisweese} i just don't want to screw anyone up
[15:07] {Threei} too late for us curtis
[15:07] {curtisweese} just b/c it works, doesnt mean i'm right
[15:07] {bruce} if it works it's right
[15:07] {bruce} just choose your battles
[15:08] {curtisweese} almost 3% return today and yesterday in down markets...wow 6% in 2 days
[15:08] {lumdus} here we go again up ?
[15:09] {Threei} scalped 50 cents on RIMM faster than could blink
[15:10] {dptl} got to leave early ( my gang going to Ukraine got to help them to pack)have a good weekend everyone
[15:10] {Threei} have a good one dp, safe trip to them
[15:11] {dptl} ty
[15:11] {bruce} bye dp
[15:11] {magoo} bye
[15:11] {bruce} you took rim on 97 break vad?
[15:12] {Threei} caught .10 on little pullback
[15:12] {Threei} sold .59
[15:12] {magoo} caught .50 and exited .98
[15:12] {bruce} k doesn't show on 1 min but didn't seem like you to enter on a momo play well into move
[15:13] {cosmo} pspt healer
[15:13] {Threei} when it moves like this it has huge intertia
[15:14] {cosmo} ...into the weekend?
[15:14] {Threei} hard to put in words... gotta have this feeling coming from observing it
[15:14] {magoo} i just saw green bar forming QQQ at .50 and laid it out .98
[15:14] {cosmo} gappa?
[15:14] {lumdus} ir long reload ..
[15:14] {bruce} yes - see that
[15:14] {cosmo} ...hehe
[15:14] {Threei} not talking PSPT cos
[15:15] {cosmo} i understand ...sigh
[15:15] {curtisweese} s RIMM for scalp from .79 (i hope)
[15:16] {Threei} ALKS
[15:16] {Threei} forms DBI
[15:16] {magoo} what the hex that??
[15:16] * Threei slaps magoo around a bit with a large trout
[15:17] {curtisweese} i got out and made $20 only...but that is good since it spiked...whew
[15:18] {curtisweese} k, l RIMM again....98.06 looking for 98.58 or so
[15:18] {magoo} dam, only filled 100 shares on that break 98
[15:19] {Threei} FDA WILL ISSUE ALERT ON PRECRIPTION COUGH MEDICINE
[15:19] {Threei} great... first we learn Prozac doesn'rt work
[15:20] {Threei} now cough remedy
[15:20] {Threei} that's very depressing (cough cough)
[15:20] {Chaeron} oy
[15:21] {curtisweese} out RIMM +$.48
[15:22] {magoo} out .50
[15:22] {magoo} lol
[15:22] {curtisweese} wow slippage is scary with RIMM!
[15:22] {curtisweese} i lose like .10 every time
[15:25] {curtisweese} going l on RIMM once more time at 98.21
[15:25] {tomg} have a great weekend, everyone, see ya monday
[15:25] {tomg} and ty, vad, LLTC
[15:25] {Chaeron} bye tomg
[15:25] {Threei} have a good one tom
[15:26] {lumdus} and then we all fall down. i love this market. awesome stuff !!
[15:27] {curtisweese} out RIMM +$.15
[15:28] {curtisweese} s RIMM 98.18
[15:30] {lumdus} curtis, slow down. you goning to pay lot money in comission. go slow
[15:31] {curtisweese} good point.....+$.30 on that one
[15:31] {curtisweese} i only pay $7 per trade though
[15:32] {lumdus} so who will win the long or the shorts. what a nice fight
[15:33] {curtisweese} wow what a day
[15:33] {magoo} awesome reads curtis : )
[15:33] {lumdus} and now we go down .. ouch !
[15:38] {curtisweese} ballsy short would be RIMM below 97.50 or so......too close to close though
[15:39] {curtisweese} l RIMM 98.23
[15:40] {curtisweese} break 98.61 for big money....come onnnnn!!!!!
[15:45] {lumdus} curtis 15 mins left .. heads ups
[15:45] {curtisweese} shorts should cover and give me the pop i need ....come onnnnn!!!1
[15:47] {lumdus} you mean if they haven't figured out to cover already.. hmm,
[15:48] {Threei} well guys... we had onbe of the best weeks this year
[15:48] {Threei} aand in this market it means a lot
[15:49] {Threei} thank you all
[15:49] {lumdus} keep up the good work
[15:49] {Chaeron} thanks Vad... have a good weekend everyone
[15:49] {Threei} have a great relaxing weekend
[15:49] {magoo} ty vad..nice work
[15:49] {Threei} see you on Monday
[15:53] {curtisweese} great times! see you monday!
[16:08] {curtisweese} darn, now it goes up after hours....grrrrr knew i should have sat on it
[08:30] {Threei} FEB CHANGE IN NONFARM PAYROLL: -63K V 23KE; CHANGE IN MANUFACTURING PAYROLLS: K V -25KE
[08:30] {Threei} *FEB UNEMPLOYMENT RATE: 4.8% V 5.0%E
[08:30] {Threei} AVERAGE HOURLY EARNINGS M/M: 0.3% V 0.3%E; AVERAGE WEEKLY HOURS: 33.7 V 33.7E
[08:31] {Threei} CHANGE IN MANUFACTURING PAYROLLS: -52K V -25KE
[08:50] {cosmo} CIEN holding 26 ...so far ...fwiw
[08:56] {cosmo} 25.90 is key imo
[09:00] {dptl} good morning all
[09:01] {Threei} cos, dp :)
[09:01] {cosmo} :)
[09:01] {cosmo} small world...
[09:05] {magoo} toough getting in again
[09:05] {magoo} morning]
[09:05] {Threei} magoo :)
[09:05] {magoo} and can't get into realty trader vad
[09:07] {Threei} maybe because it's reality, not realty?
[09:08] {magoo} oy
[09:11] {magoo} crushed BOOM last nit 10 points
[09:17] {magoo} vad, short too easy today? as in too obvious..cnbc all gloom
[09:17] {Threei} that's a first assumption
[09:17] {Threei} will see how it goes
[09:18] {magoo} or is everyone thinkng the contrarion view
[09:18] {magoo} so, obvious down is just that..down
[09:19] {magoo} oversold bounce.then crushed? dunno
[09:20] {Threei} you are thinking too hard
[09:20] {ThurstonHowellTheThird} gm all
[09:20] {Threei} thtt :)
[09:21] {magoo} i know..it hurts
[09:21] {magoo} THTH:)
[09:22] {cosmo} hmm...maybe time to buy realestate? ...just a thot
[09:24] {Raven}
3 it is the only thing you can do here cosmo ... ya sure can't sell anything ...
[09:25] {GeoArb} gm all
[09:25] {Threei} geo :)
[09:25] {cosmo} well..you can still sell your sole
[09:25] {tomg} gm all
[09:25] {Threei} tom :)
[09:25] {Raven}
3 lol ... soal ?
[09:26] {Raven}
3 soul?
[09:26] {cosmo} take your pick
[09:26] {Raven}
3 rofl
[09:27] {cosmo} CIEN tests
[09:27] {GeoArb} quick Q for you guys.... do all of you guys use 1:10 or some use 1:4 from retail?
[09:28] {GeoArb} SEC closed down one of the brokers in my neighbourhood.... for too much leverage without series 7 yesterday
[09:28] {GeoArb} http://www.sec.gov/litigation/litreleases/2008/lr20480.htm
[09:28] {esemde} good morning....still server problems i see...will not let in automatically
[09:28] {Threei} ese :)
[09:29] {GeoArb} its the same business model as all so I am concerned
[09:29] {esemde} even more important
[09:29] {esemde} how do you get rid of a massive headache?
[09:29] {ThurstonHowellTheThird} Vodka?
[09:29] {Threei} ummm... beer?
[09:30] {cosmo} lots of coffee
[09:30] {ThurstonHowellTheThird} bloody mary
[09:31] {cosmo} hair of the dog
[09:31] {esemde} am trying the coffee thing as we speak
[09:32] {cosmo} cheers
[09:33] {lumdus} good morning.
[09:34] {esemde} lum
[09:35] {Threei} lum :)
[09:36] {Threei} CSIQ 21 long half lot
[09:36] {Threei} stop under .80
[09:36] {Threei} 1:1 was easy
[09:38] {magoo} out .32 TY
[09:38] {Threei} :)
[09:38] {ThurstonHowellTheThird} out .40 ty
[09:38] {magoo} nice fill THTT
[09:38] {Threei} welcome guys, good reflexes
[09:39] {magoo} was fast
[09:39] {magoo} scalpers friday vad???
[09:40] {Threei} as always
[09:41] {cosmo} CIEN wants 27
[09:41] {cosmo} imo
[09:44] {magoo} out .97 NICE call cos + .21
[09:44] {Threei} LLTC .71 long .59 stop
[09:44] {lumdus} in xlnx 22.60
[09:45] {lumdus} stop 22.48
[09:45] {magoo} in
[09:45] {Threei} WHITE HOUSE SAYS DISAPPOINTED IN TODAY'S US EMPLOYMENT DATA DECLINE- White House economic advisor Lazear expects the stimulus plan to start helping in a quarter or two, could see a strong "summer quarter."
[09:45] {Threei} 1:1 in a hurry
[09:46] {magoo} out .83 TY
[09:46] {magoo} FL
[09:46] {Threei} :)
[09:46] {magoo} + .13
[09:46] {bruce} half out lltc +.13
[09:47] {lumdus} vad on fire today
[09:47] {magoo} he was yesterday TOO
[09:47] {Threei} was I here yesterday?
[09:48] {bruce} only in body vad
[09:48] {GeoArb} you were in the other reality trader room we couldnt get into :D
[09:48] {Threei} it's all a blur
[09:48] {lumdus} i couldn't get in ..
[09:48] {lumdus} xlnx working nicely .. hopefully
[09:49] {bruce} out balance lltc +.31
[09:49] {bruce} thanx vad
[09:49] {magoo} nice bruce
[09:49] {Threei} so... with the worst economic data this morning, market goes back to green
[09:49] {Threei} bruce :)
[09:49] {lumdus} crazy .. huh ?
[09:50] {Threei} nah... normal for the market
[09:50] {patience} plunge protection team at work
[09:50] {magoo} oversold bounce vad...alot of overhead resistance...people will be looking to get out
[09:50] {bruce} course vad - just a bounce though - not necessarily going green for day
[09:51] {magoo} cxould last few days, but people who are crushed in positions will be looking for any chances to exit
[09:51] {bruce} lltc wants more
[09:51] {bruce} still like it long vad?
[09:51] {esemde} long CIEN n.46
[09:51] {Threei} no setup
[09:52] {cosmo} wont die
[09:52] {cosmo} ... the 'wont die' setup?
[09:52] {esemde} out CIEN .80
[09:52] {Threei} good jump ese
[09:52] {Threei} fast and easy
[09:53] {esemde} whoa that was quick ...couldn't even post my bstop
[09:53] {cosmo} party like 1999
[09:53] {bruce} skf down 8 bucks since open
[09:53] {esemde} +.34 I like it
[09:53] {esemde} and it's still goin
[09:54] {esemde} just like you diagram them Vad
[09:57] {lumdus} out xlnx 22.84 + .24
[09:58] {magoo} missed aapl and rimm bounce..was watching boyth in .15 areat
[09:58] {lumdus} i want jpm badly, just need some sharp pullback
[09:58] * bruce slaps magoo around a bit with a large trout
[09:58] {bruce} take that mags
[09:58] {magoo} u get them bruce??
[09:59] {bruce} not a chance
[09:59] {bruce} \wasn't paying enough attention to em but got them on screen
[10:00] {bruce} lltc broke again
[10:00] {magoo} i had aapl long locked and looaded 121.09..didn't pull trigg
[10:01] {Threei} YESSSS
[10:01] {Threei} FED'S KOHN: FED IS MINDFUL OF RISK DUE TO HIGHER ENERGY PRICES
[10:01] {bruce} dcsiq up overa buck vad
[10:01] {esemde} man....market just barely green in some spots and things are a jumpin......
[10:01] {Chaeron} hi all
[10:01] {Threei} chaeron misses party again
[10:01] {bruce} hey chaeron
[10:01] {esemde} CHHHHHHH BABY!!!!!
[10:01] {Chaeron} *sigh*
[10:02] {magoo} hi bud..why u late everyday?
[10:02] {Chaeron} kid
[10:02] {Chaeron} gonna change tho
[10:02] {esemde} pourquo?
[10:03] {magoo} i think vad went home
[10:03] {Threei} .21 LLTC for a scalp if holding above .10
[10:03] {bruce} cien and lltc both sittingat highs
[10:04] {Threei} invalidated
[10:04] {esemde} vad is always lurking....
[10:05] {Threei} in the shadows
[10:05] {magoo} aapl or rimm short somewhere
[10:05] {magoo} not in just looking
[10:06] {magoo} if mkt decides to pullbk
[10:06] {bruce} skf reversing
[10:06] {bruce} high risk trade
[10:06] {magoo} i want low risk
[10:06] {Chaeron} I want high reward :)
[10:07] {bruce} too late - miisedit
[10:07] {bruce} more than a buck in a couple mins mags
[10:08] {magoo} cnbc just said"why would anyone want to be long going into this weekend?"
[10:08] {Threei} AMKR .69 long if holding above .60
[10:09] {bruce} over 2 bucks now mags in skf
[10:10] {magoo} AMKR vad..slow personality?
[10:10] {patience} bruce, dcc please
[10:10] {Threei} yeah, it's a creeper
[10:10] {Threei} if works, has p;otential to about .90
[10:11] {bruce} good to know vad
[10:11] {magoo} like triple cause slow?
[10:11] {Threei} if stop size allows for that, sure
[10:11] {magoo} thats are debate someday..but not now :)
[10:12] {magoo} suspense is killing u :)
[10:12] {lumdus} ok, so it sounds we got it right today. a runup, then all those looking to bail get out and now we should go higher according to early morning theory
[10:12] {magoo} EXCEPT.if IF mkt wants to dump into bell
[10:13] {magoo} but hey, oversold bounce was fdiscussed
[10:13] {Threei} "early morning theory" - if you see a stranger in the mirror, shave him anyway, chances are it's you under strong hangover
[10:13] {magoo} cionfused now
[10:13] {lumdus} yeah vad waht are you trying to say ?
[10:14] {ThurstonHowellTheThird} lol
[10:14] {magoo} vad had a stranger overnite...hes hungover..but still offers to shave him??uh
[10:14] {bruce} lltc may test highs again vad
[10:15] {bruce} amkr almost to trigger crew
[10:15] {bruce} (thats for magsw hisshort attention span)
[10:16] {lumdus} ok, here comes the big rally in jpm, bac, slm .. i hope so now
[10:20] {Chaeron} AMKR - in
[10:20] {magoo} in
[10:20] {lumdus} dean on i am .
[10:20] {lumdus} out jpm + .55
[10:20] {ThurstonHowellTheThird} in .70
[10:21] {magoo} in rimm too .50 just noe
[10:21] {Chaeron} thanks Vad
[10:21] {Threei} not yet
[10:21] {lumdus} out bac +.70
[10:21] {magoo} out .82
[10:21] {magoo} rimm
[10:21] {lumdus} stil have slm
[10:21] {magoo} over 99 coming but hey scalping
[10:22] {lumdus} out slm +.32
[10:22] {bruce} wow - nice lum
[10:22] {lumdus} i gave the heads up to follow.
[10:22] {magoo} as long as mkt cooperates that is
[10:22] {magoo} vad, how many u take AMKR?
[10:22] {lumdus} magoo, i though it was obvious.
[10:23] {magoo} what obvious?
[10:23] {Threei} I take the Fifth
[10:23] {Chaeron} I'll take a fifth
[10:23] {magoo} lum??
[10:23] {lumdus} in schw
[10:24] {magoo} no one really knows..so i scalp..also, rimm mean animal, if mkt rolls it rolls twice as hard, so i always habvwe QQQQ chart up as early indicator
[10:24] {bruce} fwit - amkr stop would be about .59?
[10:24] {Threei} for now yes
[10:25] {bruce} k - thanx
[10:25] {Threei} if breaks .75 trailing to .64
[10:25] {magoo} big hit for FITH numvbr sghares
[10:25] {Threei} [10:11] {magoo} like triple cause slow?
[10:25] {Threei} [10:11] {Threei} if stop size allows for that, sure
[10:26] {Threei} your position size is defined by risk tolerance, size of an intended stop and slippage
[10:26] {Threei} slippage is almost negligible with AMKR
[10:26] {lumdus} vad, favor please - what the bid ask on ctum. ?
[10:27] {bruce} nvda looking like possible long
[10:27] {bruce} red on it vad?
[10:27] {Threei} you know how much you are willing to lose on a given trade, you have your stop size... the rest is calculator function
[10:27] {bruce} read
[10:27] {Threei} or abacus
[10:27] {lumdus} can someone give me bid x ask on ctum
[10:27] {Threei} market wekens bruce... waiting to see what transpires next
[10:28] {Chaeron} 2.26x2.28
[10:28] {lumdus} tx chareon
[10:28] {bruce} k
[10:28] {Chaeron} my pleasure lum
[10:29] {Threei} RMBS looks better long candidate than NVDA if market resumes up, brucr
[10:29] {bruce} theres the amkr mini shake
[10:29] {lumdus} back in jpm 38.60
[10:30] {Threei} ABK CERBERUS BOUGHT 50M IN SHARES
[10:30] {bruce} lltc trying highs again vad
[10:30] {lumdus} comon market zoom up quickly and fast,
[10:31] {lumdus} jpm, you need to break HOD now !!
[10:31] {bruce} borrow vads boots lum
[10:31] {lumdus} vad thinks i am crazy today..
[10:32] {Threei} important thing is what JPM thinks
[10:32] {bruce} jpm break looks like a toughie - you have double top already wout break
[10:32] {lumdus} ok, i hope you wrong bruce
[10:33] {lumdus} i think this market about to explod up like 200 points
[10:33] {lumdus} but when it goes down i will change my mind ..
[10:34] {magoo} vad,,u reading aapol today? always right?
[10:34] {lumdus} bruce hit jpm hard now .. comon
[10:34] {esemde} long CIEN .18 1/2 lot
[10:34] {bruce} lol lum
[10:34] {bruce} kick it over for you?
[10:34] {bruce} no chance
[10:35] {lumdus} whatever it takes
[10:35] {bruce} would like to see consolidate at high beofre that
[10:35] {esemde} out CIEN .44
[10:36] {bruce} very nice ese
[10:36] {esemde} +.26 man this one is jumping
[10:36] {lumdus} bruce, so maybe i get out and wait
[10:37] {esemde} what was the news on CIEN anyway....or was there any?
[10:37] {bruce} if you have profit has what I'd do
[10:37] {Threei} 07:00am [CIEN] Reports Q1 $0.47 v $0.40e, R $227.4M v $225.6M
[10:38] {esemde} tks Vad
[10:38] {esemde} man look at it go
[10:38] {bruce} sheesh -ssholda been playing cien
[10:38] {esemde} .12 short of being up 4 bucks
[10:38] {bruce} all that volume
[10:38] {Threei} ugh... hesistated too long to call AMLN long
[10:39] {magoo} vad..u ignoring magoo?
[10:39] {Threei} ?
[10:39] {Threei} what are you talking about?
[10:40] {magoo} 10:34] {magoo} vad,,u reading aapol today? always right?
[10:40] {Threei} missed it
[10:40] {magoo} just funnin
[10:40] {Threei} but since you asked.,.. yes
[10:40] {Threei} {GGG}
[10:40] {magoo} thought so :)
[10:40] {magoo} whats new?
[10:41] {magoo} nice AMKR bounce
[10:41] {magoo} i got 2k
[10:41] {Threei} market helps
[10:41] {bruce} slm lookinglong now lum
[10:41] {Threei} sheesh CIEN
[10:41] {bruce} yeah vad - we really missed that one
[10:41] {magoo} dow green 46
[10:42] {esemde} ya 1min chart on CIEN is a thing of bueaty to look at....
[10:42] {magoo} vad, u should paste our earlier morn thoughts
[10:42] {magoo} right when i got in
[10:42] {magoo} for room
[10:43] {Threei} BRCM stays red in all this hoopla
[10:43] {bruce} long breaks woring today - seemslike forever since we've seen that
[10:43] {Threei} .50 nearest resistance
[10:43] {Threei} this is your short candidate if market reverses down
[10:44] {GeoArb} hi, how do you sortlist the stocks to watch?
[10:44] {bruce} amkr resistance at .80
[10:44] {Threei} we don't geo, we wat5ch all 10,000
[10:44] {GeoArb} heh
[10:44] {Threei} :)
[10:44] {Threei} scannewr spitrs them out
[10:44] {Threei} spits
[10:45] {GeoArb} ok I have all 4 windows up
[10:45] {lumdus} bruce, tx for the move.. i sold jpm .90 and will wait a break
[10:45] {Threei} plus some of them are "usual suspects"
[10:45] {GeoArb} ok
[10:45] {Threei} let me count
[10:45] {Threei} I have 14
[10:45] {curtisweese} i made it in!
[10:45] {Threei} curtis!!
[10:45] {GeoArb} ok
[10:46] {GeoArb} yeah i am trying to get a setup with the usual suspecta always up
[10:46] {Threei} just when magoo dcced me to ask whether I poisoned you with hemlock
[10:46] {Threei} and I was ready to confess
[10:47] {curtisweese} ffiv was awesome to me this morning....sold it all now tho
[10:47] {Threei} what wasn't
[10:47] {curtisweese} im alive!
[10:48] {Threei} see magoo? and I thought I was a ruthless murderer
[10:48] {Threei} I = you
[10:48] {cosmo} i thot hemlock was voluntary....
[10:48] {curtisweese} did great yesterday on it.....almost $2k ....now i'm scared....i think we might be looking at dive today...your thoughts?
[10:48] {Threei} it is cosmo... it's just that they open your mouth with pliers and pour it in, then you volunteer
[10:48] {bruce} glad jpm worked out ok lum
[10:49] {Threei} good job surtis
[10:49] {Threei} don't guess
[10:49] {Threei} go with what market does
[10:49] {Threei} truth is noone knows
[10:49] {lumdus} vad, lltc ?
[10:49] {bruce} lol - freudian slip vad - telling us your true nature
[10:50] {bruce} murderer
[10:50] {magoo} dino would say.."buy when the bloods running in the street" surtis
[10:50] {bruce} donkey abuser
[10:50] {bruce} heres a plan folks
[10:50] {bruce} lets all buy somethng
[10:50] {Threei} LLTC still looks like long lum... but risk becomes a bit too much for my taste here
[10:50] {lumdus} long lltc ? any ideas ?
[10:51] {lumdus} ok vad tx
[10:51] {bruce} then vadster can keep bying 1k lots every 10 secs or so
[10:51] {Chaeron} wow... 3i is a mind reader too
[10:51] {Threei} I wou;ld slow down on longs a bit
[10:51] {bruce} when we get our 20 c we sell to vad
[10:51] {Threei} hmmm
[10:51] {bruce} whatcha think vad?
[10:51] {lumdus} ok then i hold off vad
[10:51] {Threei} and I would want to provide this kind of service why?
[10:52] {bruce} hmmm
[10:52] {magoo} i like it bruvce'
[10:52] {bruce} your good nature?
[10:52] {Threei} mine?
[10:52] {bruce} k thats 2 for the plan so far vad
[10:52] {magoo} to avoid murder conviction??
[10:52] {Threei} good ature?
[10:52] {curtisweese} what to short? hmmmm
[10:52] {bruce} yepperws
[10:52] {bruce} you can redeam yourself
[10:52] {Threei} wait for me next 5 minutes, I need to get a hold of myself, those parixisms of hysterical laughter take time
[10:52] {bruce} redeption doesn't come cheap you know
[10:53] {bruce} sheesh
[10:53] {bruce} a great plan and hes not even taking it seriously
[10:53] {lumdus} bruce, nice save on jpm for me. tx bud
[10:53] {Threei} ok, with all this banter anyone shorted BRCM?
[10:54] {Threei} asking just in case need guidance
[10:54] {bruce} good thing you sold jpm lum
[10:54] {lumdus} right, perfect plan you gave me .. had +.45 and waited
[10:55] {lumdus} hmm, lltc looks way to strong. i wish vad would let me take it.
[10:55] {lumdus} common, vad can i take lltc ?
[10:55] {magoo} i missed brcm vad
[10:55] {Threei} sure... just let it trigger
[10:55] {lumdus} ok tx boss
[10:55] {Threei} don't try to outguess it by entering in avdance
[10:55] {bruce} dumped amkr flat
[10:56] {Threei} if it's holding near high while NQ sells, buy .38 when NQ rbounces
[10:56] {lumdus} ok vad not outguessing. waiting patiently with trigger
[10:56] {Threei} closest support is .30
[10:56] {Threei} so if it triggers from here ytour stop will be nicely tight
[10:56] {ThurstonHowellTheThird} stop on AMKR stil .64?
[10:56] {curtisweese} i'm soooo hesitant to go long right now.....sigh
[10:57] {lumdus} tx vad
[10:57] {Threei} I think so ttht
[10:57] {ThurstonHowellTheThird} k thx
[10:58] {esemde} Chaeron...just noticed your ddc
[10:58] {magoo} anyonre stopped AMKR here?
[10:59] {ThurstonHowellTheThird} no
[10:59] {cosmo} who has that kind of power....
[11:00] {esemde} by the way Thurston....hows that work on the "MINOW" going?
[11:00] {ThurstonHowellTheThird} slow
[11:00] {esemde} still a big hole in it?
[11:00] {ThurstonHowellTheThird} one day we'' be off this island...then probably be back :)
[11:01] {ThurstonHowellTheThird} Skipper patched it up with coconuts
[11:01] {bruce} vad - any read on rmbs ;pullback long here?
[11:01] {Threei} looks like short to me rather
[11:02] {Threei} with .61 stop
[11:02] {magoo} hows island internet connection speed THTT
[11:03] {curtisweese} Vad, what stock drops big with drop in market and has some nice volume? just so i can watch it
[11:03] {Threei} RIMM, AAPL
[11:03] {curtisweese} i'm watching them already....they are fun, but fast :(
[11:03] {ThurstonHowellTheThird} good , visitor left satelite sender/receiver
[11:04] {bruce} thanx vad - waiting to see how it shapes up - pretty big drop already
[11:04] {Threei} other usual asuspects curtis: NVDA, BRCM
[11:06] {magoo} stopped aMKR btw.63
[11:06] {magoo} i hate those..sit long...barelky get dime..always stop ui
[11:07] {Chaeron} me too mags... stopped and hate them as much
[11:07] {Threei} yeah but then you don't take next one and cry when it goes
[11:07] {magoo} and thats the pattern
[11:07] {magoo} i won't and u get a buck :(
[11:08] {Threei} so... just like any other stock, some of them work and some don't
[11:08] {Threei} either you reject this kind altogtther as not matching your style
[11:08] {Threei} or you play them all
[11:08] {Threei} but don't try to mix and match
[11:08] {magoo} lately, and i remember u commenting this...they hold us hostage allday and then stop us out
[11:09] {Threei} my point is:
[11:09] {Threei} if you try to pick a winner out of those
[11:09] {magoo} OY
[11:09] {magoo} LOL
[11:09] {Threei} it's an attempt to outsmart the market
[11:09] {Threei} never works
[11:09] {Threei} dismiss them as a kind, no problem
[11:09] {Threei} I alerted it was a slow one
[11:09] {curtisweese} doh!! missed my FFIV short I was waiting for....grrrr
[11:10] {Threei} anyone took RMBS short?
[11:10] {magoo} your doing greatt vad...they just are not my style and i just hate them
[11:10] {Threei} so ignore them
[11:10] {magoo} I CAN"T
[11:10] {Threei} noone plays everyting
[11:10] {magoo} I DO
[11:10] {Threei} of course you can
[11:11] {Threei} let me show you how easy it is
[11:11] {magoo} except the ones bruce forgets to reminfd me
[11:11] {Threei} enter this symbol please:
[11:11] {Threei} BRK.A
[11:11] {magoo} BRKA
[11:11] {Threei} with .
[11:11] {Threei} now watch me not playing it
[11:11] {Threei} see? not playing
[11:12] {GeoArb} hahahahahaha
[11:12] {Threei} easy
[11:12] {GeoArb} is that berkshire?
[11:12] {Threei} yes :)
[11:12] {magoo} i just tried it with a "." cause pulled nothing up..u got me
[11:13] {Threei} you mean you are not getting quotes for it?
[11:13] {curtisweese} Magoo is mad cuz he hasn't played that one from $500 level hahahah
[11:15] {magoo} nope
[11:15] {magoo} there are some synmols i do not get quotes
[11:15] {Threei} BRK.A
[11:16] {ThurstonHowellTheThird} B R K . A
[11:16] {Threei} no?
[11:16] {magoo} ah, now do THTT
[11:16] {magoo} ok IN
[11:16] {Threei} ok.;.. you really can't refrain from playing :)
[11:17] {lumdus} how can you play when market have no read ?
[11:19] {bruce} nvda setting up as possible short
[11:20] {Threei} yup
[11:20] {Threei} if stays under 20
[11:22] {lumdus} l rimm 98.69 sto p..
[11:23] {bruce} s nvda .90
[11:23] {ThurstonHowellTheThird} ditto bruce
[11:28] {curtisweese} die NVDA die!! i'm rooting for you
[11:29] * Threei hits NVDA over the head with 2x4 endowed with rusty nails
[11:29] {bruce} thanx curtis - vad
[11:30] {bruce} nvda stop to 19.95
[11:31] {ThurstonHowellTheThird} big bid at .80 moving my exit to .81
[11:33] {GeoArb} see you all later... bye
[11:33] {Chaeron} see you Geo... good weekend
[11:34] {GeoArb} got the course today... so busy :)
[11:34] {GeoArb} bye
[11:34] {magoo} bye Geo
[11:34] {hawkfan4} thanks for the BRCM heads up Vad, very nice
[11:35] {lumdus} you mean the brcm heads down .. :)
[11:35] {curtisweese} l RIMM 98.11 (i'm a rookie fyi)
[11:35] {bruce} bye geo
[11:35] {lumdus} curtis not bad for a rook, just flip the coin :)
[11:39] {Threei} hawk :)
[11:40] {curtisweese} out RIMM +$.25
[11:40] {curtisweese} too early :(
[11:41] {curtisweese} could have had twice that.....{tells self, don't be greedy don't be greedy}
[11:42] {bruce} stopped nvdaw - sorry if you got stopped thtt
[11:42] {lumdus} that's why you rookie .. he hee
[11:42] {curtisweese} wait!!! it is dying.....so ended up being smart
[11:42] {bruce} working now
[11:44] {curtisweese} shorting rimm now 98.08 (i'm a rookie be careful!)
[11:44] {magoo} fast sh rimm loss 98]
[11:44] {ThurstonHowellTheThird} out NVDA .81 ty bruce
[11:44] {bruce} great thtt
[11:44] {bruce} should have kept a bit bigger stop myself
[11:44] {Threei} over 1:1
[11:45] {bruce} dropping nicely now
[11:45] {magoo} out
[11:46] {magoo} out for hour, don't make to much
[11:46] {curtisweese} out RIMM short +$.55!!!
[11:46] {Threei} that's disgusting
[11:46] {curtisweese} rode it up and then down....whew
[11:46] {Threei} you guys don't leave money for anyone else in the maarket today
[11:46] {bruce} yes - less thatn a buck
[11:46] {bruce} hardly worth taking
[11:47] {curtisweese} i made $500 on the way up and $500 on way down...shrug
[11:47] {Threei} if you keep this up, noone will come out and play with you tomorrow
[11:47] {bruce} presonally - Im not playing tomorrow
[11:48] {bruce} you may be on own vad
[11:48] {Threei} yeah
[11:49] {Threei} luckily I am comfortable talking to my reflection in the mirror
[11:49] {curtisweese} RIMM short here looks good to me, but has to fall below .57 or so
[11:49] {Threei} the fact that I don't always recognize myself helps
[11:49] {Chaeron} does this have to do with the shaving thing earlier? (trying to follow)
[11:50] {Threei} one of aspect chaeron, yes
[11:50] {Chaeron} ah
[11:52] {Threei} 1:2 NVDA
[11:52] {bruce} that nvda short looking nice
[11:52] {bruce} you took itvad?
[11:52] {Threei} yes
[11:52] {bruce} great
[11:53] {Threei} out though
[11:53] {bruce} k 1 to 2 isOK
[11:56] {Threei} NQ
[11:57] {Threei} short .99
[11:57] {Threei} stop 10.11
[11:57] {Threei} awww
[11:57] {Threei} wrong symbol
[11:57] {Threei} NG
[11:57] {Threei} still there though
[11:58] {curtisweese} Shorting RIMM again 97.74
[12:02] {curtisweese} out RIMM short +$.14
[12:02] {curtisweese} got scared hehehe
[12:03] {lumdus} curtis i think amzn better short if you trading ..
[12:04] {curtisweese} wow....look at that freefall
[12:04] {curtisweese} well not free for many....hahaha
[12:06] {curtisweese} there goes rimm .....i'm such a chicken
[12:06] {lumdus} but amzn did better ?
[12:06] {curtisweese} yeah i'm watching both now
[12:12] {ThurstonHowellTheThird} Vad: I am going to set hard stop for Ng with Laser at 10.11 do I leave speed setting at FIXED?
[12:13] {Threei} I don't remember what that setiing does
[12:14] {Threei} gotta read help
[12:14] {ThurstonHowellTheThird} LAserDave1 or dptl?
[12:14] {Threei} thtt... here is attention-getter for lasredave:
[12:14] * Threei slaps Laserdave1 around a bit with a large trout
[12:15] {bruce} fyi - that nvda short just hit 3 to 1 vad
[12:15] {Threei} kewl
[12:16] {ThurstonHowellTheThird} oh well no biggie, I'll just leave it on FIXED
[12:16] {dptl} yes fixed
[12:16] {ThurstonHowellTheThird} thx
[12:16] {esemde} gone for the weekend....have good one all...
[12:17] {Threei} take care ese
[12:17] {bruce} bye ese
[12:18] {Threei} I never tried OMS module on listed stocks
[12:20] {curtisweese} shorting RIMM one more time (be careful!) 97.13
[12:20] {ThurstonHowellTheThird} oh yeah. maybe I will just wait......was just going to go do my lunchtime workout...
[12:23] {bruce} good for you thtt - you skip eating at exercise over lunch?
[12:24] {ThurstonHowellTheThird} I do both ..firts exercise then eat at my desk
[12:24] {ThurstonHowellTheThird} firts ==first
[12:25] {bruce} k
[12:25] {Threei} hmmm
[12:25] {Threei} maybe that's what am I doing wrong
[12:26] {Threei} eating yes... exercising no... could that be a reason I am not losing wieght
[12:26] {Threei} nah, it can't be
[12:26] {bruce} vad - read on ebay break of 26 long?
[12:27] {Threei} it became very tough player lately
[12:27] {Threei} too narrow
[12:27] {bruce} vadgets his exericse chasing his cat away
[12:27] {Threei} not sure
[12:28] {bruce} k - thanx vad - passing on it
[12:29] {ThurstonHowellTheThird} Vad , Iwas thinking that you need stay healthy for some of our trading careers to continue, or let us take life insurance out on you :)
[12:29] {bruce} bac on break of .65 looks like it has potetnital vad
[12:30] {Threei} fe insurance? is it one of those things people get killed for?
[12:31] {bruce} l bac .65 stop .60
[12:33] {ThurstonHowellTheThird} no no, it is only to insure ourselves that if you kick the bucket then we get soem compensation (but if someone like magoo starts getting ideas ...the )
[12:33] {Threei} that's what I thought
[12:34] {curtisweese} Out RIMM short +$.39
[12:36] {curtisweese} darn ...out too early again
[12:36] {bruce} stopped bac
[12:36] {bruce} -.07
[12:37] {lumdus} xto is short
[12:38] {bruce} another swell idaea
[12:39] {bruce} lets ALL take out insurance on vadster and then get mags to do the dirty deed
[12:39] {Threei} well
[12:39] {curtisweese} RIMM's drops are flattening out.....might be time to buy on dip for big pop ....Vad, your thoughtsS?
[12:39] {bruce} I take that back
[12:39] {bruce} thats in poor taste
[12:40] {Threei} you will have to go through Yuri the Kneeshooter and Ivan the Enforcer
[12:40] {bruce} heaven forbid we ever tease in poor taste here
[12:40] {bruce} I like my knees
[12:41] {curtisweese} grrr...market can just tank though at any time, so long makes me cringe...sigh
[12:43] {ThurstonHowellTheThird} well, if you don't want o get life insurance, than maybe we can get you to eat healthier, quit smoking and exercise everyday ;()
[12:43] {Threei} you can try...
[12:44] {ThurstonHowellTheThird} Ok what is your wife's number?
[12:44] {Threei} and as long and your idea of heaalthy eating includes bacon, you WILL succeed at least in this part
[12:44] {ThurstonHowellTheThird} lol j/k
[12:44] {bruce} vad - studies prove that guys who exercise have better luck at crabbing
[12:44] {bruce} there (givning him an incentive thtt)
[12:45] {Threei} oh, no need for me to exercise then
[12:45] {bruce} lol
[12:45] {Threei} you have no idea how crabby I can be
[12:45] {dptl} lol
[12:45] {Threei} just ask my first 4 wives
[12:45] {ThurstonHowellTheThird} lol
[12:47] {bruce} l bac again - same stop
[12:47] {curtisweese} l RIMM 97.25
[12:51] {curtisweese} out RIMM +.28
[12:52] {Threei} see EBAY bruce? non-player
[12:54] {curtisweese} shorting RIMM 97.39
[12:59] {curtisweese} lost on short of RIMM -.$.14
[13:00] {Threei} good discipline
[13:02] {bruce} yes - thanx vad
[13:03] {curtisweese} should have had looser stop maybe....looks primed to dive
[13:03] {curtisweese} double camel and all that
[13:03] {curtisweese} crap it is....sigh
[13:04] {curtisweese} don't die now....grrrr LIIIIIVE
[13:05] {curtisweese} just barely too tight of stop
[13:12] {bruce} stopped twice in bac - done w it
[13:14] {curtisweese} jeez i jumped out of that rimm short too early .14 loss was really .50 win...sigh
[13:15] {bruce} rimms tough curtis
[13:15] {bruce} keep your stops or you'll get killed in it
[13:18] {Threei} things become interesting again
[13:19] {lumdus} which way you thinkin vad .. down up or who the heck knows
[13:20] {Threei} no direction yet, just opportunities are about to materialize
[13:21] {Threei} looks like shorting bounce is the closest play
[13:22] {Threei} finegr on a trigger for RIMM
[13:22] {lumdus} gun coked .. on rimm
[13:22] {Threei} in
[13:22] {Threei} .71 stop
[13:22] {lumdus} short / long ?
[13:22] {Threei} short
[13:23] {Threei} [13:21] {Threei} looks like shorting bounce is the closest play
[13:23] {lumdus} that was no bounce yet ..
[13:25] {bruce} out rimm - quick +.24 -
[13:25] {curtisweese} die!!!
[13:25] {bruce} thanx vadster
[13:25] {Threei} sure
[13:25] {Threei} half out +.23
[13:27] {bruce} bad math - I only took .14 - still bigger than stop though
[13:28] {Threei} out in full
[13:28] {Threei} +.50
[13:28] {curtisweese} disgusting :P
[13:29] {Threei} it is
[13:29] {bruce} veddy nice vad
[13:29] {bruce} had no guts on that trade - couldn't read it
[13:29] * Threei slaps magoo around a bit with a large trout
[13:29] {Threei} wake up
[13:30] {lumdus} he is snoring very loudly
[13:30] {Threei} no kidding
[13:30] {curtisweese} msft looks to break out if gets up around 27.74 or so
[13:30] {lumdus} what's up with kr ? looks like it could go for a run
[13:30] {Threei} canhear him over almost whole continent
[13:30] {curtisweese} rimm is dying
[13:31] {lumdus} it's in icu
[13:31] {curtisweese} could have had $1
[13:31] {curtisweese} almost
[13:31] {bruce} yes - nice selloff
[13:33] {Threei} lol, I feel like I was sleeping in the bushes during ambush... woke up, saw victim go by, pounced, killed, went back to sleep
[13:33] {Threei} (ate too)
[13:33] {bruce} kicking myself - just plain dumb to exit so early on that one
[13:33] {Threei} wait!
[13:33] {Threei} don't kick yourself yet
[13:33] {curtisweese} yeah...me too :( but bulls make money, bears make money....pigs get slaughtered!
[13:33] {Threei} OK, got popcorn, now you can start
[13:34] {bruce} mmm popcorn
[13:34] {bruce} sounds good
[13:35] {Threei} bounce time almost
[13:36] {lumdus} rimm, really taking a hit. amzn holding strong
[13:36] {curtisweese} jeez, that could have been a grand slam....lol over $1 yum
[13:36] {bruce} kinda looks that way
[13:36] {bruce} clowse to 95
[13:36] {Threei} or quick dive under
[13:36] {curtisweese} i'm still happy though...my money is on sidelines and i'm not losing anything at least
[13:37] {Threei} HEARING NEGATIVE CHATTER BEING CIRCULATED ABOUT A RIMM INDIAN SERVICE PARTNER BEING REJECTED BY THE DEPT. OF TELECOM
[13:38] {curtisweese} {Execution} Bought 700 shares of RIMM @$96.3199 to cover WAAAAA! eheheheh
[13:38] {curtisweese} that was $1 ago...waaaaa
[13:40] {curtisweese} 10 week chart shows another level at mid 94 range...might fall to there now...hmmm
[13:44] {bruce} still looks short - but stop too big for my taste here
[13:45] {curtisweese} s RIMM from 95.15 and looking for 94.60 range for exit.....scared but i'm in....
[13:46] {bruce} nice one curtis
[13:47] {curtisweese} uh oh
[13:48] {bruce} well vadster - any read on an entry?
[13:48] {Threei} nope
[13:48] {bruce} k
[13:49] {lumdus} just trhow the darts ..
[13:49] {bruce} stop for curtis?
[13:49] {bruce} looks like .50 or so
[13:49] {curtisweese} i had .40 but .50 is better
[13:50] {Threei} i guess
[13:50] {curtisweese} die RIMM ...blackberry sucks....though i'm using mine right now...sigh
[13:50] {bruce} vad sounds definitive
[13:51] {bruce} you trade on one?
[13:52] {curtisweese} rimm dies now....i feeeeeeel it
[13:52] {curtisweese} or soars ....lol
[13:52] {bruce} its gonna do something - no idea what
[13:53] {curtisweese} out...loss!
[13:53] {curtisweese} .24 loss...i pulled stop early....no discipline...sigh
[13:53] {curtisweese} it will punish me for that early pull out
[13:53] {bruce} vad that last rimm short call was a bear flag right?
[13:54] {Threei} yes
[13:54] {bruce} k - thought so
[13:54] {Threei} shallow retracement on low volume
[13:55] {bruce} k- thanks
[13:56] {curtisweese} so no market rally into close on friday with all of the concerns out there, eh?
[13:56] {bruce} kinda lookin like a rimm long here - if breaks .50 and holds .25
[13:56] {bruce} your thoughts vad?
[13:57] {bruce} too late
[13:57] {bruce} or not
[13:58] {Threei} no confidence
[13:58] {bruce} k
[13:59] {bruce} thought you just had me on iggy with mags
[13:59] {bruce} where is mags?
[13:59] * bruce slaps magoo around a bit with a large trout
[13:59] {bruce} wake up
[14:00] {lumdus} maybe he fainted
[14:01] {bruce} I like the way you played the flag vad - noticed you didn't wait for break of low in that case so stop was very small
[14:01] {lumdus} long mago stop unknown
[14:02] {lumdus} aapl might recover a little.
[14:02] {curtisweese} there goes my RIMM short paying off (after i got out for a loss) lol
[14:03] {bruce} sorry curtis
[14:03] {curtisweese} here comes bounce though
[14:03] {bruce} or not - can goeither way here
[14:04] {lumdus} yeah, tought one today.
[14:05] {lumdus} so far no recovery .
[14:06] {dptl} OMRI was my girl for today...3 trades total +.94 now it's dying
[14:06] {bruce} vads last short call was beauty - find a trade with small breakout range to keep risk low - thats the way to play rimm and appl
[14:06] {bruce} congrats dp
[14:06] {dptl} ty
[14:06] {bruce} give her a hug and look for a new one
[14:06] {Threei} hmmm
[14:06] {Threei} and you never shared?
[14:07] {bruce} good point vadster
[14:07] * bruce slaps dptl around a bit with a large trout
[14:07] {curtisweese} l RIMM from 95.02
[14:07] {curtisweese} runnnnnn
[14:07] {dptl} not ready to post my trades yet trying
[14:08] {bruce} you're forgiven dp
[14:08] {curtisweese} out RIMM....sweeet!!!!! +$.55!!!!
[14:08] {Threei} not by me
[14:08] {Threei} I don't forgive anyone anything
[14:08] {Threei} just ask that mosquitoe that bit me 5 years ago and whome I tracked down for three years
[14:08] {bruce} hmmm
[14:08] {curtisweese} hahhahaha
[14:09] {dptl} lol
[14:09] {bruce} back to thtt's insurance plan vad
[14:09] {Threei} he already did pastic surgery, boguth nicaraguan passport and airtickets
[14:10] {Threei} when I caught up with him
[14:10] {Threei} never mind destroyed airport
[14:10] {curtisweese} s RIMM 95.71 tight stop
[14:10] {Threei} revenge was served
[14:11] {bruce} bet ithurt when yori took his kneecaps
[14:11] {Threei} I am sure it did
[14:11] {bruce} mind you - do msoquitoes even have kneecaps?
[14:11] {Threei} who cares
[14:11] {Threei} Yuri didn't ask before shooting
[14:12] {Threei} nor did he after
[14:12] {bruce} lol
[14:12] {bruce} good thing t was pre airport secutrity days
[14:14] {bruce} taking break
[14:18] {curtisweese} out RIMM short +$31
[14:18] {curtisweese} err .31 lol
[14:19] {curtisweese} i'm liking RIMM long at this level...anyone?
[14:20] {curtisweese} or not
[14:21] {curtisweese} 94.83 looks like great level though.....hmmm i'm tempted to reverse the market by going long again
[14:22] {lumdus} new on twm ?
[14:23] {magoo} back
[14:23] {magoo} how much u guys make?
[14:24] {Threei} [13:28] {Threei} out in full
[14:24] {Threei} [13:28] {Threei} +.50
[14:24] {Threei} [13:29] * Threei slaps magoo around a bit with a large trout
[14:24] {Threei} [13:29] {Threei} wake up
[14:24] {magoo} i posted had apptmt ..gone for hour
[14:25] {Threei} you mean you expeceted us to actually read and care?
[14:25] {magoo} that the obnly one vad????
[14:25] {magoo} only
[14:25] {Threei} you wish
[14:25] {curtisweese} rookie going l on RIMM from 95.02 trade at your own risk!!!
[14:26] {Threei} [14:08] {curtisweese} out RIMM....sweeet!!!!! +$.55!!!!
[14:26] {Threei} [14:06] {dptl} OMRI was my girl for today...3 trades total +.94 now it's dying
[14:26] {dptl} oo hiding now
[14:26] {Threei} you better
[14:28] {bruce} geesh- mags was away
[14:28] {bruce} no wonder we all made buckets of cash
[14:28] {curtisweese} here it goes....runnnnn RIMM runnnnnn
[14:28] {Chaeron} I was gone too, so maybe it saw me.....
[14:29] {bruce} easiest trades I've seen in months
[14:29] {Chaeron} was, not saw
[14:29] {Threei} moreover bruce... he thought we should haave known
[14:29] * magoo slaps bruce around a bit with a large trout
[14:29] {bruce} wow - now he expects us to listen to him?
[14:29] {lumdus} any news on twm ? acting wierd.
[14:29] {bruce} you're so inconsiderate mags
[14:29] * bruce slaps magoo around a bit with a large trout
[14:30] {magoo} u guys in RIMM long here?
[14:30] {bruce} you realize you left it to me alone to keep vadd from slipping into permanent coma?
[14:30] {magoo} tough assignment
[14:31] {bruce} you bet
[14:31] {magoo} u in anything bruce?
[14:31] {magoo} stalking anything??
[14:31] {bruce} just got back mags
[14:31] {bruce} lol
[14:32] {bruce} stalking my grill cheese sandwich
[14:33] {magoo} w/mustard?
[14:33] {magoo} vad, u in anything??
[14:34] {bruce} no- just pickles
[14:34] {bruce} kind of looks like big sellof coming vad
[14:34] {dptl} mrvl?
[14:35] {bruce} q's just broke yr low
[14:36] {bruce} yr to date that is
[14:36] {magoo} vad in coma, asked him twice bruce
[14:37] {bruce} sheesh - warned you
[14:37] {bruce} nvda possible short here
[14:37] {Threei} I am tempted to short RIMM
[14:37] {Threei} 95 break
[14:37] {curtisweese} go ahead i got out with only .10 profit....too nervous
[14:38] {curtisweese} thank god i did!!!
[14:38] {GeoArb} got the course cad... thanks
[14:38] {GeoArb} vad
[14:38] {GeoArb} heh
[14:38] {Threei} :)
[14:38] {bruce} sstop about 95.10 vad?
[14:38] {Threei} .15 for me
[14:39] {bruce} k
[14:39] {curtisweese} s RIMM too :)
[14:41] {Threei} feels like holding by fingernails
[14:43] {lumdus} has long fingernailes
[14:43] {Threei} die already
[14:43] {curtisweese} here we go
[14:43] {lumdus} where stop ?
[14:43] {Threei} 14:38] {Threei} .15 for me
[14:43] {curtisweese} at bottom
[14:44] {curtisweese} uh oh
[14:45] {curtisweese} .25 for me
[14:45] {lumdus} you risking alot curtis.
[14:46] {magoo} back, went to bank
[14:46] {lumdus} amzn and appl recovering a little. so be carefuls with rimm
[14:46] {Threei} oh well
[14:46] {bruce} out rimmsky
[14:46] {curtisweese} out...at .15 cuz you scared me
[14:46] {bruce} bastard
[14:47] {Chaeron} say thank you to lum curtis :)
[14:47] {Threei} .50 next resistance
[14:47] {curtisweese} thanks, lum!
[14:48] {lumdus} welcoem. just watching you back buddy
[14:48] {bruce} watching vad - you make the call
[14:49] {curtisweese} darn i was long from from 95.02 range before we started talking shorts...lol!!!
[14:49] {Threei} need to see NQ weakening
[14:49] {bruce} too much strength
[14:49] {lumdus} this rally looks better then before. maybe we stay up and run.
[14:49] {bruce} \96 looks like next major to me
[14:49] {magoo} waytch for spikes up
[14:50] {lumdus} magoo a bunch of nervous people. nothing more or less.
[14:51] {lumdus} i am watching amzn to take if i need a stock for the ride up. it's still not down for the day.
[14:52] {magoo} two thoughts:
[14:52] {magoo} 1)who would want to hold long over weekend
[14:52] {curtisweese} s RIMM 95.69
[14:52] {magoo} 2) but short seems to obvious
[14:54] {curtisweese} out RIMM short +$.22
[14:55] {curtisweese} jeez slipped .11
[14:55] {curtisweese} market rally into close
[14:55] {curtisweese} ?
[14:56] {Threei} toss a coin
[14:56] {lumdus} dice rolling hold on.
[14:56] {cosmo} PSPT
[14:56] {cosmo} pspt for gutsy optimists
[14:57] {curtisweese} l RIMM 95.40....very tight stop at 95.20
[14:57] {curtisweese} i'm a rookie..be careful
[14:57] {magoo} rev shark @ RealMoney thinks textbook crash setting up here and into monday
[15:00] {Threei} *JAN CONSUMER CREDIT: $6.9B V $7BE
[15:00] {Chaeron} London to pad lampposts due to too many people walking into them while texting
[15:00] {curtisweese} wow that was good timing!! out RIMM +$1.34!!!!! nice!!!!
[15:01] * magoo slaps curtisweese around a bit with a large trout
[15:01] {Threei} wtg curtis
[15:01] {curtisweese} 95.4 to 96.74 in a couple of minutes...jeez
[15:01] {bruce} congrats curits
[15:02] {dptl} gj
[15:02] {magoo} great exit too
[15:03] {lumdus} what a beautivul day
[15:04] {curtisweese} s RIMM 96.48
[15:05] {curtisweese} out RIMM short +$.23
[15:05] {curtisweese} whew!
[15:06] {bruce} you and lum should form a team curtis
[15:06] {magoo} u won't be allowed to use that rookie disclaimer much longer bud : )
[15:06] {bruce} the momo brothrs
[15:07] {curtisweese} i just don't want to screw anyone up
[15:07] {Threei} too late for us curtis
[15:07] {curtisweese} just b/c it works, doesnt mean i'm right
[15:07] {bruce} if it works it's right
[15:07] {bruce} just choose your battles
[15:08] {curtisweese} almost 3% return today and yesterday in down markets...wow 6% in 2 days
[15:08] {lumdus} here we go again up ?
[15:09] {Threei} scalped 50 cents on RIMM faster than could blink
[15:10] {dptl} got to leave early ( my gang going to Ukraine got to help them to pack)have a good weekend everyone
[15:10] {Threei} have a good one dp, safe trip to them
[15:11] {dptl} ty
[15:11] {bruce} bye dp
[15:11] {magoo} bye
[15:11] {bruce} you took rim on 97 break vad?
[15:12] {Threei} caught .10 on little pullback
[15:12] {Threei} sold .59
[15:12] {magoo} caught .50 and exited .98
[15:12] {bruce} k doesn't show on 1 min but didn't seem like you to enter on a momo play well into move
[15:13] {cosmo} pspt healer
[15:13] {Threei} when it moves like this it has huge intertia
[15:14] {cosmo} ...into the weekend?
[15:14] {Threei} hard to put in words... gotta have this feeling coming from observing it
[15:14] {magoo} i just saw green bar forming QQQ at .50 and laid it out .98
[15:14] {cosmo} gappa?
[15:14] {lumdus} ir long reload ..
[15:14] {bruce} yes - see that
[15:14] {cosmo} ...hehe
[15:14] {Threei} not talking PSPT cos
[15:15] {cosmo} i understand ...sigh
[15:15] {curtisweese} s RIMM for scalp from .79 (i hope)
[15:16] {Threei} ALKS
[15:16] {Threei} forms DBI
[15:16] {magoo} what the hex that??
[15:16] * Threei slaps magoo around a bit with a large trout
[15:17] {curtisweese} i got out and made $20 only...but that is good since it spiked...whew
[15:18] {curtisweese} k, l RIMM again....98.06 looking for 98.58 or so
[15:18] {magoo} dam, only filled 100 shares on that break 98
[15:19] {Threei} FDA WILL ISSUE ALERT ON PRECRIPTION COUGH MEDICINE
[15:19] {Threei} great... first we learn Prozac doesn'rt work
[15:20] {Threei} now cough remedy
[15:20] {Threei} that's very depressing (cough cough)
[15:20] {Chaeron} oy
[15:21] {curtisweese} out RIMM +$.48
[15:22] {magoo} out .50
[15:22] {magoo} lol
[15:22] {curtisweese} wow slippage is scary with RIMM!
[15:22] {curtisweese} i lose like .10 every time
[15:25] {curtisweese} going l on RIMM once more time at 98.21
[15:25] {tomg} have a great weekend, everyone, see ya monday
[15:25] {tomg} and ty, vad, LLTC
[15:25] {Chaeron} bye tomg
[15:25] {Threei} have a good one tom
[15:26] {lumdus} and then we all fall down. i love this market. awesome stuff !!
[15:27] {curtisweese} out RIMM +$.15
[15:28] {curtisweese} s RIMM 98.18
[15:30] {lumdus} curtis, slow down. you goning to pay lot money in comission. go slow
[15:31] {curtisweese} good point.....+$.30 on that one
[15:31] {curtisweese} i only pay $7 per trade though
[15:32] {lumdus} so who will win the long or the shorts. what a nice fight
[15:33] {curtisweese} wow what a day
[15:33] {magoo} awesome reads curtis : )
[15:33] {lumdus} and now we go down .. ouch !
[15:38] {curtisweese} ballsy short would be RIMM below 97.50 or so......too close to close though
[15:39] {curtisweese} l RIMM 98.23
[15:40] {curtisweese} break 98.61 for big money....come onnnnn!!!!!
[15:45] {lumdus} curtis 15 mins left .. heads ups
[15:45] {curtisweese} shorts should cover and give me the pop i need ....come onnnnn!!!1
[15:47] {lumdus} you mean if they haven't figured out to cover already.. hmm,
[15:48] {Threei} well guys... we had onbe of the best weeks this year
[15:48] {Threei} aand in this market it means a lot
[15:49] {Threei} thank you all
[15:49] {lumdus} keep up the good work
[15:49] {Chaeron} thanks Vad... have a good weekend everyone
[15:49] {Threei} have a great relaxing weekend
[15:49] {magoo} ty vad..nice work
[15:49] {Threei} see you on Monday
[15:53] {curtisweese} great times! see you monday!
[16:08] {curtisweese} darn, now it goes up after hours....grrrrr knew i should have sat on it
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