Apr 29 2008

Session Time: Tue Apr 29 00:00:00 2008



[08:21] {Threei} SDTH
[08:21] {Threei} ADDS THREE NEW CUSTOMERS, UPDATES INTERNATIONAL MARKET EXPANSION
- Announced it has successfully added three international customers in the first quarter of 2008, and is in active discussions with more than 10 potential international customers.
[08:43] {hawkfan4} good morning
[08:43] {Threei} Good morning
[08:50] {dptl} good morning all
[08:50] {Threei} dp :)
[08:51] {Onix} Good morning all you hard-working people!
[08:51] {Threei} onix :)
[08:51] {Threei} that's flattering for us, very lazy types
[08:52] {hawkfan4} great, now i feel like i have to get out of my pj's :)
[08:52] {Threei} oh no
[08:52] {Onix} oh no, this scalping/trading business is very "hard" work ... well, difficult is the beter word I suppose
[08:52] {dino} gm all
[08:52] {Threei} that could start dangerous trend
[08:52] {Threei} dino :)
[08:53] {Threei} it's not really, Onix
[08:53] {Threei} or, I better put it this way
[08:53] {Threei} it is what you chose it to be
[08:54] {Threei} interestingly enough most sucessful are those who chose it to be fun
[08:54] {Onix} whaw ... that seems a long way off for me
[08:55] {Threei} follow the process, you'll get there
[08:55] {Onix} but I can see your point .. it could certainly be a lot of fun once you know what you're doing
[08:55] {Threei} yes, and the best part is:
[08:55] {Threei} it's not a rocket science
[08:56] {Threei} if there are obstacles on this path, those are barricades you erect within yourself
[08:56] {Threei} pure technicals aspects of trading ar fairly simple
[08:57] {Threei} unless you elect to mire yourself down in zillion of indicators and studies
[08:57] {Onix} have not read you latest part of the psychology on the blog, but I believe you 100%
[08:57] {Threei} as you can imagine, during my time in markets I've seen many failed traders,
[08:58] {Threei} so let me tell you this:
[08:58] {Threei} none of them failed because they couldn't get down technical aspects of trading
[08:58] {magoo} morning
[08:58] {Threei} literally, NONE
[08:58] {Threei} mags :)
[08:59] {Onix} so, reading the setups and the entering & exiting are not the worst of it?
[08:59] {Threei} some, not too may, failed because their personality was absolutely adverse to trading environment
[09:00] {Threei} most did because they never recognized where the major culprit is, or refused to do anything about it, or were too rigid to allow themselves to change
[09:00] {Threei} fact is:
[09:01] {Threei} your trading is reflection of who you are, because trading is just a part of life in general, and not a some kind of stand-alone application
[09:01] {magoo} so what was major culprit?
[09:02] {Threei} just like success in sports, in business, in relationships, and whatnot
[09:02] {Threei} requires interal changes in your mindset
[09:02] {Threei} so does success in trading
[09:02] {Threei} setups, entries, exits is secondary
[09:02] {Threei} and relatively simple part
[09:02] {Onix} so if you are a nervous, indecisive person, you will have a hard time in this environment?
[09:02] {Threei} not saying it's unnecessary
[09:03] {Threei} just saying it's not too complicated
[09:03] {Threei} ummm
[09:03] {Threei} you are oversimplifying it
[09:03] {Threei} it's all about how you apply it
[09:04] {Threei} nervous person can translate in careful trader
[09:04] {magoo} put up the blog link vad and oill go read it
[09:04] {Onix} OK I'll buy that one
[09:04] {Onix} thanks Vad
[09:04] {Threei} it's right on the homepage magoo
[09:05] {magoo} what is the major culprit?
[09:05] * Threei slaps magoo around a bit with a large trout
[09:05] {magoo} gonna make me go to home page??{lazy magioo}
[09:05] {fernp} gm all
[09:05] {Threei} fernp :)
[09:06] {GeoArb} gm
[09:07] {Threei} geo :)
[09:08] {esemde} good morning....
[09:09] {Threei} ese :)
[09:09] {esemde} had to reinstallreality trader program again this morning
[09:09] {esemde} bizarre
[09:10] {Threei} does whole program disappear or just a shortcut?
[09:10] {esemde} I think the program
[09:10] {esemde} because I have to reinstall
[09:11] {Threei} next time it happens, try to locate the program
[09:12] {esemde} will do
[09:12] {Threei} go to C, Program Files, look for RTC
[09:12] {Threei} if it's there, it's just a shortcut
[09:12] {Threei} and you can launch the program by clicking on mirc.32.exe
[09:12] {Threei} and restore shortcut by right click on it,
[09:13] {Threei} Create shortcut
[09:13] {esemde} the thing that comes up is the reality trader install connector
[09:14] {esemde} when i click on the destop icon it can't find the program
[09:14] {esemde} so i then just reinstall
[09:14] {bruce} didn't you just get computer cleaned for virus ese?
[09:14] {esemde} sure did...to the tune of $150.00
[09:15] {bruce} thought so
[09:15] {esemde} it works better now for sure
[09:15] {Threei} wait
[09:15] {bruce} yes - except now glitches with installed programs
[09:15] {Threei} so shortcut is there but it's not finding the program
[09:16] {Threei} then right click on shortcut, Properties
[09:16] {Threei} and edit target so it pints to that mirc.32.exe
[09:18] {esemde} OK done...we'll see what happens tomorrow
[09:18] {bruce} cna looks like possible reversal candidate this am dino
[09:20] {Threei} interesting read for later:
[09:20] {Threei} http://www.atimes.com/atimes/Global_Economy/JD30Dj02.html
[09:21] {Threei} and general comment for today's and tomorrow's trading:
[09:21] {Threei} this FOMC rate decision is somewhat different from couple previous ones
[09:21] {dino} ua might be a bit of overreaction
[09:21] {Threei} those were clear cut case,
[09:21] {Threei} everyone knew what to expect
[09:21] {Threei} and it was kind of in the cards
[09:22] {Threei} as we near the end of rate cuts, both Fed action and market view of it become less clear
[09:22] {Threei} that's why we see this swampy action
[09:23] {Threei} let's continue being on defensive, for these couple days and see what transpires after
[09:23] {Threei} being out of earnings season and done with Fed, it should become more clear
[09:27] {dino} watchiong gil, ua, enr
[09:29] {bruce} k - thanx
[09:29] {dino} np
[09:30] {bruce} missed all of those ones this am when looking for gaps
[09:30] {markweb} GOOD MORNING ALL
[09:31] {esemde} mark
[09:31] {markweb} ese:)
[09:31] {bruce} uaua nice volume vad
[09:31] {bruce} hey mark
[09:31] {markweb} hi bruce:)
[09:32] {Threei} mark :)
[09:34] {Threei} need pullback on UAUA
[09:34] {bruce} out gil +.46c
[09:34] {bruce} sorry - no time to post
[09:35] {bruce} sheesh - there it goes - out way too early
[09:35] {esemde} bstop long SCOR 19.21
[09:36] {Threei} SOHU pullback entry around 71.50
[09:37] {Threei} firast strength from here
[09:38] {esemde} removed bstop went long at 19.20 SCOR
[09:38] {Roman}
21 long SEED off 7
[09:38] {Roman}
21 1/2 size
[09:39] {dino} wtg bruce
[09:39] {bruce} thanx dino - your find
[09:39] {bruce} moved quick - couldn't post - sorry
[09:40] {tomg} out sohu +.38, ty vad, but too jumpy for me
[09:40] {dino} oh mann, i just gave magoo 2 points in enr and i missed entry
[09:40] {Threei} wtg tom
[09:41] {dino} gj tom,
[09:41] {tomg} ty
[09:41] {bruce} no kidding tom - watching it - wicked mover - congrats
[09:41] {tomg} just luck :)
[09:41] {Threei} jumpy is bad only if you are opn a wrong side
[09:41] {Threei} othertwise it works for you
[09:41] {Threei} small size to control the risk, pullback entry...
[09:41] {Threei} COIN
[09:42] {esemde} out SCOR .49 full lot +.29
[09:42] {Threei} another jumpy one
[09:42] {Threei} wtg ese
[09:42] {magoo} vad, news POT?
[09:42] {esemde} now that one jumped up there fast
[09:42] {magoo} 14 down yestweer,
[09:42] {magoo} 6 today
[09:42] {Threei} 05:45am [POT] RBC Cuts POT to Sector Perform from Top Pick, price target: $300.00
[09:42] {Threei} 04/28/08 06:47am [POT] Removed from "Conviction Buy List" at Goldman Sachs
[09:42] {magoo} ah.....TY
[09:42] {dino} es gj
[09:43] {dptl} grabbed .+29 on scor ty ese
[09:43] {esemde} tks
[09:44] {esemde} that one was volitile dp....
[09:44] {Threei} UAUA pulled back considerably
[09:44] {dptl} yah small shares
[09:44] {dino} fast market today
[09:44] {dino} you guys are rocking today
[09:45] {Threei} .20 nearest support UAUA
[09:46] {dino} cgnx
[09:48] {dino} s cgnx sm .20, stop .61
[09:50] {Threei} RIMM spasm of happiness
[09:52] {magoo} wow
[09:52] {magoo} missed that
[09:53] {bruce} whats your feel for sndk break long vad?
[09:55] {dino} sm l gil .40
[09:55] {Threei} maybe for a quick scalp...
[09:55] {Threei} not my favorite type of stock
[09:55] {bruce} k-
[09:55] {Threei} tqnt
[09:59] {esemde} COIN
[09:59] {Roman}
21 in SEED
[09:59] {Roman}
21 1/2 7
[09:59] {esemde} bstop 10.65 1/2 lot COIN
[09:59] {magoo} l amzn .90
[10:00] {Threei} APR CONSUMER CONFIDENCE: 62.3 V 61.0E
[10:00] {Threei} Prior revised to 65.9 from 64.5
[10:00] {Threei} - 1-year inflation expectation at 6.8% v 6.1% prior
[10:01] {esemde} long COIN .64 decent fill
[10:01] {Threei} who would have thought consumer is so confident
[10:01] {bruce} its just you throwing all that nigerian money around vad
[10:02] {Threei} ah
[10:02] {magoo} half out amzn .37
[10:02] {bruce} nice one mags
[10:02] {magoo} should took full out
[10:02] {esemde} stop on COIN is .50
[10:03] {magoo} out rest here
[10:03] {esemde} man this thing spread bounces around
[10:03] {magoo} sh rimm loss 124]
[10:04] {dino} cgnx bstop to b/e
[10:04] {Roman}
21 ESLR interesting
[10:04] {magoo} not agAINST MARKET
[10:04] {bruce} csco scalp opportunity if .75 disappears
[10:06] {dino} gil stopped -.40
[10:06] {esemde} man look at that spread .65 to .74 at one point
[10:07] {esemde} don't like this stock Vad....
[10:07] {esemde} thank goodness for stops
[10:07] {Threei} [09:42] {Threei} another jumpy one
[10:08] {dino} ua l .30
[10:08] {dino} sm
[10:09] {dino} cgnx cov .80, +.40
[10:09] {bruce} ltr long reversal candidate dino
[10:10] {Threei} IMO, you are fine qwith this entry ese
[10:10] {dino} watching it
[10:10] {Threei} .50 is safe reliable place for a stop,
[10:11] {Threei} with right size damage will be minimal
[10:11] {esemde} come on....come on....if it breaks .75 it should get to 11.00
[10:11] {Threei} and if it takes .75, your potential is quite lucrative
[10:11] {Threei} risk/reward wise it's a well-managed and fairly valid trade
[10:12] {esemde} tks
[10:13] {esemde} have a good instructor
[10:14] {Threei} not working
[10:14] {esemde} damn....stopped
[10:14] {Threei} quite possibly a shakeout, but who cares
[10:15] {Threei} there are just two states to any trade
[10:15] {esemde} -.15
[10:15] {Threei} works or doesn't
[10:15] {esemde} still a good trade though
[10:15] {Threei} it is
[10:15] {Threei} or was
[10:16] {esemde} yep
[10:16] {esemde} followed NDX to a tee
[10:16] {esemde} NDX was bumping up against 1926...it could have gone either way
[10:17] {Threei} magoo, you shorted RIMM off 124?
[10:17] {esemde} appears to be a shakeout
[10:18] {magoo} ah no..bidu off 367
[10:18] {magoo} covered 365.90
[10:18] {Threei} oh, I get it
[10:19] {Threei} RIMM is not enough adrenalin-laden for you
[10:19] {Threei} so you switched to BIDU
[10:19] {magoo} kind of same setup
[10:19] {magoo} can only handle 1 at time
[10:19] {magoo} same seup
[10:19] {magoo} setup
[10:19] {Threei} I'll wait for you to start trading GOOG to officially qualify you as adrenalin addict {G}
[10:23] {Threei} RIMM worth a long try if holding above .40
[10:24] {Threei} if loses, let it be for now
[10:25] {Threei} market sharp downtick, RIMM handled it rather well
[10:25] {dino} iclr big pullback
[10:25] {Chaeron} hi all
[10:25] {Threei} .55 long if not losing .40 anymore
[10:25] {Threei} chaeron :)
[10:26] {esemde} CCCCCHHHHH BABY!!!!
[10:26] {Threei} invalidated
[10:26] {Chaeron} heya ese!
[10:27] {Threei} no play until it loses 123
[10:27] {dino} sm l wide iclr .60
[10:27] {esemde} your here just in time for me to leave.....have and early day today
[10:27] {Chaeron} have a good one ese...
[10:27] {Threei} good selloff
[10:27] {dino} 62.60
[10:27] {esemde} see ya all
[10:27] {Threei} first strength from here
[10:28] {Threei} in
[10:28] {Threei} under .70 stop
[10:28] {magoo} got .86
[10:28] {Chaeron} .87 here
[10:28] {Threei} keeping it tight, better retry than sit on a bigger loss
[10:29] {Threei} break that 123 RIMM
[10:29] {magoo} out here
[10:29] {magoo} mkt downward
[10:29] {bruce} wehave double bottom on gil no dino - stop is to big for my taste here though
[10:30] {Threei} out .15
[10:30] {dino} y bruce, .15 area imo
[10:30] {Chaeron} .14 here +.27 thanks vad
[10:30] {Threei} probably has more in it but until Ben speaks its deep wisdom, I am in firm scalping mode
[10:30] {dino} a little busy w/iclr atm
[10:31] {Threei} its = feds
[10:31] {dino} atm=at the moment
[10:31] {bruce} k dino
[10:33] {dino} tson
[10:35] {dino} iclr stop to 65.80
[10:38] {dino} out iclr slippage .71,
[10:38] {dino} +3.11
[10:39] {Threei} eeck
[10:39] {bruce} v nice dino
[10:39] {dino} :), see above i posted
[10:39] {Threei} and ese called COIN jumpy
[10:39] {Chaeron} huge dino - congrats
[10:39] {dino} ty, lucky entry
[10:39] {Threei} but of course
[10:40] {Chaeron} more like you have skills :)
[10:40] {Chaeron} (ninja skills)
[10:40] {Threei} where was I when luck was distributed and dino appeared at the very front of the line
[10:41] {Chaeron} with me and magoo drinking
[10:41] {dino} you know my answer to that vad
[10:41] {Threei} ah... I knew that was a mistake... but too tempting
[10:41] {judijim} good morning all
[10:41] {Threei} I do dino :)
[10:41] {Threei} let me have my fun
[10:41] {Chaeron} hi jj
[10:41] {Threei} jj :)
[10:42] {dino} indeed sir
[10:43] {dino} gil bruce?
[10:46] {bruce} dk dino - overall feeling is that it will go long but is going to chop around for a while first so just watching for now
[10:47] {dino} i think whoosh down to 24.80s then up
[10:47] {dino} but what i think means nothing
[10:48] {bruce} good possibility - keeps flirting w lows
[10:48] {Threei} AAPL
[10:48] {dino} we missed easy tson s
[10:48] {Threei} .31 long
[10:48] {Threei} if holding above .15
[10:48] {Threei} invalidated
[10:50] {bruce} yes - late spike in it - may give another hance for short
[10:50] {tomg} tqnt here, vad?
[10:52] {Threei} I doubt it
[10:52] {tomg} ok, ty
[10:52] {Threei} trades anemically
[10:52] {Threei} if that's a word
[10:55] {dino} icyno sm l .01
[10:56] {dino} cyno that is
[11:00] {bruce} nice entry
[11:01] {dino} lucky
[11:01] {dino} was waiting for about 20 minutes
[11:02] {bruce} you've got resistantce at .38
[11:03] {dino} .71 i'm more concerned w/, pretty strong bottom in, good report. we'll see
[11:03] {bruce} ag reversla candidate dino
[11:03] {dino} rmbs
[11:04] {Threei} RMBS
[11:04] {Threei} US APPEALS COURT: LOWER COURT RULING VACATED AND REMANDED CONCERNING SAMSUNG
[11:05] {dino} y ag bruce
[11:06] {Threei} PRES BUSH: GDP NUMBERS TOMMOROW WILL SHOW 'VERY SLOW ECONOMY', HAS NOT BEEN BRIEFED ON DATA
[11:07] {magoo} aapl long .31
[11:07] {dino} ag partioal fill l .33
[11:07] {dino} wide
[11:11] {dino} cyno stop to .57
[11:12] {magoo} AAPL 1:1
[11:12] {dino} make it .61
[11:13] {dino} out cyno slip .59, +.58
[11:14] {bruce} cool beans dino
[11:15] {bruce} v nice agian
[11:16] {dino} ty
[11:16] {dino} gil stuck in the mud, need break out over .50 imo
[11:16] {dino} our more at .15 dump aruond .40
[11:17] {dino} ag, need oih help it seems
[11:17] {hawkfan4} nice AAPL call mags, thx
[11:18] {magoo} oh sorry..out .87 a sec ago
[11:18] {magoo} had it laid out there
[11:18] {hawkfan4} beat me, .84
[11:18] {magoo} good HAWKERSTEIN
[11:18] {hawkfan4} lol :)
[11:19] {bruce} gils just chopping now
[11:19] {bruce} ltr possible coming up now long .27 break w 10 c stop
[11:21] {dino} ugh cyno
[11:21] {dino} too tight, hit then ran
[11:23] {bruce} trying ltr long here 42.22 stop 4c
[11:25] {dino} gil lod
[11:25] {Threei} wtasching RIMM for break
[11:26] {dino} gl
[11:26] {Threei} if this retreat is shallow enough for a safe stop
[11:26] {Threei} .35 support
[11:27] {Threei} 1:1 easy
[11:27] {bruce} here comes your 24.80 projection in gil
[11:28] {magoo} out rim .63 TY vad
[11:28] {Threei} hard core scalping eh?
[11:28] {magoo} not me
[11:29] {magoo} i investor
[11:29] {Threei} yes, I know
[11:29] {Threei} VSEC big earnings but stock is horrifying
[11:29] {Threei} dino will short it at 38 though
[11:32] {dino} bruce!!!!!!!!!!ag hard stop 64.35 ty much
[11:33] {dino} locking in $1.02
[11:33] {bruce} welcome dino
[11:33] {dino} out ty +1.02
[11:33] {dino} you da man
[11:33] {magoo} good room effort today
[11:34] {Chaeron} I"m back and missed AAPL and magoo's RIMM..... might as well go home... nothing left
[11:34] {magoo} dino, bruce, vad all made me some ching ching
[11:34] {dino} now, i will crack everybody. best day i've had in months, and i'm only trading 300 shares. not as many rinses
[11:34] {bruce} lol - just glad it worked dino
[11:35] {dino} just shy 3x's daily
[11:35] {magoo} leave evryones crack alone
[11:36] {dino} crack everybody up i wanted to say
[11:36] {bruce} nice - we need to get to 4 then
[11:36] {magoo} 100 sh short bidu loss 371
[11:36] {dino} hmmmm, actually on vads' theory for daily stop at this point
[11:37] {Threei} nah
[11:37] {Threei} but tighten trailing stop on account to 2.5x
[11:38] {dino} potatoe potato
[11:38] {bruce} half out ltr +.14 - 3 to 1 on sirk
[11:39] {dino} gj
[11:39] {dino} gil wants 24.00
[11:40] {bruce} yes - gil in dumpster mode
[11:41] {bruce} glad we diddn't rry it long earlier
[11:41] {dino} i did, one stop on it way back
[11:42] {bruce} k
[11:43] {magoo} covered bidu here ..+ .50]
[11:43] {Threei} RIMM .36 long, .19 stop
[11:45] {Threei} AAPL .51 long if holding above .35
[11:49] {Threei} big offer gets eaten on RIMM
[11:49] {Threei} interesting
[11:49] {magoo} prob roman vad
[11:49] {Threei} partialing in?
[11:54] {Threei} somehow it feels like market prepares ramp up
[11:54] {Threei} not sure why, chart is indifferent at the moemnt
[11:55] {Threei} I am more inclined to buy pullbacks for bounce than to short
[11:58] {dino} axys drop
[11:59] {bruce} stopped balance ltr +.03c
[12:00] {dino} gj
[12:02] {dino} gil sm l .28
[12:04] {bruce} was wndeing about it dino- no blowoff volume spike yet
[12:07] {dino} sometimes you just gotta say..........
[12:07] {bruce} str reversal candidate here dino
[12:08] {bruce} l str .86 stop 10 c
[12:10] {dino} str watch oih imo
[12:12] {bruce} lol- in that cawse - bad news
[12:12] {dino} good report, big drop, oil
[12:15] {bruce} stopped str -11c
[12:16] {dino} gil stop to .68
[12:17] {dino} stopped +.40
[12:17] {bruce} nice one
[12:17] {dino} opps, +.38
[12:18] {dino} ty
[12:18] {dino} taking a break
[12:18] {GeoArb} wasnt he spread too tight for you dino? :)
[12:19] {dino} lol
[12:22] {bruce} g back to lod dino
[12:24] {bruce} ag that is
[12:26] {Threei} pullback closer to .50 RIMM for long with stop under .40
[12:30] {dino} i watching it bruce
[12:32] {dino} powi
[12:32] {GeoArb} news on powi?
[12:32] {GeoArb} or on scanner?
[12:33] {Threei} nothing fresh
[12:33] {Threei} missed earning last week
[12:33] {GeoArb} i was curious how dino got it
[12:33] {GeoArb} as they just mentioned within one sec
[12:33] {GeoArb} that it got downgraded
[12:34] {GeoArb} in TTN now
[12:34] {GeoArb} he got it befor news !!
[12:34] {dino} scanner
[12:34] {GeoArb} up down?
[12:35] {Threei} look 2 days breakdown Geo
[12:35] {GeoArb} ok....
[12:36] {GeoArb} thanks
[12:36] {GeoArb} i have free news strike
[12:36] {Threei} 12:28 first alert
[12:36] {dino} just my scanner kicking them out geo, .07 increments, when they hit a few times fast, i pull the carts up
[12:36] {GeoArb} they mentioned that briefing trader downgraded
[12:37] {GeoArb} u use intelli=scan too dino?
[12:39] * Threei slaps Laserdave1 around a bit with a large trout
[12:39] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:40] {dino} no scwab street smart pro (old cyber)
[12:40] {GeoArb} yeah thats what i remembered... thanks heheheh you get it before news
[12:41] {Threei} news obviously hit earlier somwhere
[12:41] {GeoArb} ill get the 2 day scan up vad
[12:41] {GeoArb} thanks
[12:41] {Threei} yeah, first appearance there was quite early
[12:42] {Threei} ARBA
[12:42] {Threei} .43 is nice break on daily but top of the spike on intraday
[12:42] {Threei} I'd prefer little pullback, then break
[12:44] {Threei} so far market acts in accordance with what I felt:
[12:44] {bruce} mon long candidate dino - tricky one
[12:44] {Threei} pullback, return to the high,
[12:44] {Threei} now break of intraday high is needed to launch rally
[12:45] {Threei} ARBA is trying
[12:45] {Threei} if you go for it, stop under .30
[12:47] {dino} sidetracked for bit
[12:47] {dino} darn missed powi
[12:50] {magoo} whats arba entry
[12:50] {Threei} oil 116?
[12:50] {Threei} .43 melting magoo
[12:50] {magoo} ty
[12:51] {magoo} i like rimm long near 124 w/mkt up
[12:51] {Threei} me too
[12:52] {Threei} if what I feel materializes, 125 will be in cards
[12:52] {Threei} hard to tell how many shakes along the way... this is one jittery market
[12:53] {magoo} and if so..175 aapl too
[12:53] {dino} ag sm l .00
[12:54] {magoo} u just bought mine l0ol'
[12:54] {magoo} lol
[12:54] {Threei} that's true brotherhood
[12:56] {dino} so now it will work, huh?
[13:00] {dino} cyno l .01 sm
[13:03] {dino} gifi strange
[13:07] {Threei} long period of indecisiveness
[13:08] {dino} ag stopped thx for nothing magoo
[13:08] {Threei} bodes well in "never short dull market" thesis
[13:09] {bruce} don't look at gil dino
[13:10] {Threei} come on NQ
[13:11] {Threei} break 1932 and let's show shorters what dumb enthusiasm is capable of
[13:12] {Threei} here we go
[13:13] {dino} i see it
[13:13] {bruce} fdp long bounce candidate dino
[13:13] {bruce} lol
[13:13] {bruce} told you nolt to look
[13:18] {dino} :)
[13:18] {dino} fdp, hmmm
[13:18] {bruce} that was our 2 bucks
[13:19] {bruce} yes - wondering about it - one hell of a drop
[13:21] {dino} indm
[13:21] {dino} bad report
[13:22] {bruce} k
[13:25] {dino} fdp sm l .25
[13:28] {dino} navg algt
[13:32] {Threei} NQ slowly doing it
[13:32] {Threei} far from done
[13:34] {Threei} don't know if ARBA can break .50
[13:34] {Threei} serious wall there
[13:34] {magoo} lol
[13:34] {dino} .
[13:34] {Threei} looks like it's likely to... but keep stop at .38
[13:43] {dino} fdp stopped -.40
[13:44] {bruce} same dino- pos
[13:44] {dino} rinsed
[13:45] {dino} heck of an air pocket
[13:46] {bruce} yes - bigger stop than I wanted
[13:50] {dino} cyno stop to .39
[13:51] {Threei} good boy ARBA
[13:51] {Threei} feel free to take scalp as you see fit
[13:55] {Threei} you all asleep or someone is still standing?
[13:56] {magoo} .
[13:57] {judijim} hanging in:)
[13:58] {Threei} anyone got ARBA? RIMM?
[13:58] {dino} no i
[13:58] {dino} not
[13:59] {Threei} why do I even bother... :)
[13:59] {hawkfan4} i got RIMM vad, thanks :), +.48
[13:59] {Threei} whew
[13:59] {Threei} no, thank you
[13:59] {GeoArb} because you love us
[13:59] {Threei} ummmm
[13:59] {GeoArb} (figuratively)
[13:59] {Threei} very
[13:59] {Threei} lol
[14:00] {dino} fdp what the heck
[14:00] {bruce} we got faked out dino
[14:01] {dino} ya think, :)
[14:01] {dino} that sucks
[14:01] {Threei} POT
[14:01] {Threei} HEARING CHATTER URAKALI RAISES PRICE TARGET PER METRIC TON TO $1260
[14:01] {dino} off of 31.70ish maybe try long, if it goes there
[14:02] {bruce} yes - gonna wqatch it to se what comes up in it
[14:07] {bruce} out fic - quick scalp +.15c - 2 to 1 on risk
[14:08] {dino} cyno stop to .46
[14:08] {Threei} RIMM is on its way to 125
[14:10] {dino} good call
[14:10] {Threei} ty... I have my moments
[14:10] {dino} darn missed cme today, nioce run
[14:12] {bruce} thanksdino - say it took it - sorry agin - no time to post
[14:13] {bruce} those are my prefered trades - with with risk half or less of probable return
[14:14] {Threei} (UK) BOE'S BLANCHFLOWER: NOT TOO LATE TO AVOID UK RECESSION, BUT IF YOU WAIT TOO LONG, IT MAY BECOME TOO LATE- Says recent data is a worry; oil, food prices 'look like bubbles
[14:15] {dino} gj
[14:15] {dino} cyno slipped out .41 ave +.40
[14:15] {bruce} watching ag now to see if we get double botom setup
[14:16] {bruce} niceone dino
[14:16] {dino} fdp bruce coming down again
[14:19] {bruce} yes
[14:19] {dino} that thing is fast
[14:20] {bruce} yes - your preferred animal
[14:20] {bruce} double bottom n ag now but not tickled w 70 c stop
[14:21] {Threei} beautiful action NQ
[14:21] {Threei} let me reiterate... "never short dull market"
[14:21] {bruce} fdp dumped 7 bucks - so its got lots of room to retrace it we get a decent entry
[14:23] {dino} problem is it drops fast to .70-.90, then spikes fast to .40
[14:23] {dino} waiting at .70
[14:25] {Threei} direct hit RIMM
[14:26] {dino} eglt
[14:27] {Threei} premonition of the day
[14:27] {Threei} [11:54] {Threei} somehow it feels like market prepares ramp up
[14:27] {Threei} [11:54] {Threei} not sure why, chart is indifferent at the moemnt
[14:27] {dino} earnings after close,. eglt
[14:28] {judijim} good scalp on rimm +.20 thanx
[14:28] {bruce} hmmm - range trade dino?
[14:29] {Threei} jj :)
[14:30] {dino} eglt?
[14:32] {Threei} SCOR
[14:32] {Threei} HEARING INITIATED WITH A BUY RATING AT NEEDHAM (
[14:33] {dino} cyno l sm .15
[14:43] {dino} cyno stop to .51
[14:43] {dino} ksws
[14:43] {dino} nah
[14:43] {bruce} l ag .74 stop 20c
[14:44] {bruce} out ag - quick scalp +.25
[14:44] {Threei} RUSSIAN FOREIGN MIN: RUSSIA WILL RETALIATE IF GEORGIA RESORTS TO FORCE IN CONFLICT ZONES
[14:44] {Threei} oh goodie
[14:44] {dino} nice entry ag
[14:45] {bruce} thanx dino- maybe shoulda held for more
[14:45] {bruce} exitlooks pretty pathetic
[14:45] {dino} flat or up is good imo
[14:47] {bruce} may give us another entry
[14:47] {dino} cyno to .59
[14:47] {bruce} I think it'll retrace to about 63
[14:47] {dino} .75 problem cyno
[14:48] {dino} out cyno .58, +.43
[14:48] {bruce} nice one
[14:48] {bruce} dino's buying the beer
[14:48] {dino} ty, been good to me today
[14:48] {bruce} everyone invited
[14:49] {dino} lol, would luv a beer, but son's baseball game tonight and i coach
[14:49] {Threei} your presence is not mandatory dino
[14:50] {Threei} we can drink your beer while you are busy
[14:50] {dino} ouch, is my nose bleeding, vad tagged me
[14:50] {dino} don't give magoo ideas
[14:50] {Threei} of course would be happy to have you at your party... but if you can't be there...
[14:50] {Threei} lol
[14:50] {bruce} lol - excuses excuses
[14:50] {dino} ag big pullback
[14:52] {bruce} want it around .50 dino
[14:55] {Threei} feels like one last push upward before it's over
[14:56] {dino} as we know it, yes
[14:56] {dino} f'ing fdp
[14:56] {dino} eglt approaches lod
[14:59] {dino} don't even look at iclr
[15:01] {judijim} have a great rest of the trading day, we done and in the +, yeah, be back tomorrow
[15:01] {judijim} or better we're done
[15:02] {dino} gj jj
[15:03] {Threei} takee care jj
[15:03] {Threei} wow... server dump
[15:05] {GeoArb} back
[15:06] {Chaeron} .
[15:07] {dptl} wow am i here?
[15:07] {Chaeron} yep dp
[15:07] {dptl} thx
[15:10] {Threei} (VZ) VENEZUELAN PRES CHAVEZ: OIL PRICES ARE SITTING AT A 'FAIR LEVEL'
[15:10] {Threei} lovely
[15:10] {dino} .
[15:17] {dino} ag
[15:27] {dino} ag sm l .15
[15:27] {Threei} rally is pretty much for today
[15:28] {magoo} huh??
[15:28] {Threei} opretty much done that was
[15:34] {Threei} look to short RIMM into bounce closer to 127
[15:41] {dino} ag stopped done w/it -.45
[15:41] {dino} too tough
[15:44] {dino} can you say rinse?
[15:46] {magoo} yeah..but can't spell it
[15:47] {Threei} lol
[15:47] {Threei} feel free to cover RIMM
[15:54] {Threei} thank you all, have a good evening
[15:54] {Threei} see you tomorrow
[15:54] {dptl} have a good evening all:)
[15:54] {magoo} thanx vad

Apr 28 2008

Session Time: Mon Apr 28 00:00:00 2008

[08:12] {Threei} IRAN BRINGS NEW PROPOSAL TO RUSSIA FOR DEFUSING NUCLEAR PROGRAM DISPUTE - WIRE HEADLINE
[08:14] {Threei} 04/28/08 00:02am
[08:14] {Threei} [SOHU] Sohu.com Inc Reports Q1 $0.64 v 0.37e, R $84.8M v 69.3Me
[08:14] {Threei} - Gross margins 76% v 61% y/y
[08:14] {Threei} - Guides Q2 EPS $0.72-0.75 v 0.44e, R $93-96M v 77.4Me
[08:14] {hawkfan4} nice 9 point bump on SOHU
[08:17] {Threei} [YHOO] Yahoo! Inc Microsoft's self-imposed deadline for YHOO expired at midnight
[08:17] {Threei} -Some analysts feel with the expiration passed, it may be an all-clear for MSFT to go hostile and begin a proxy fight.
[08:17] {Threei} -Yahoo's Board meeting is scheduled for 7/12/08. Microsoft is expected to launch an exchange offer - in which if offers YHOO holders the ability to exchange their stock for a combination of cash and MSFT sock - and simultaneosly campaign to replace Board members ahead of this meeting.
[09:02] {dino} gm all
[09:02] {Threei} dino :)
[09:03] {fernp} good morning
[09:03] {Threei} fernp :)
[09:08] {GeoArb} gm
[09:08] {Threei} geo :)
[09:10] {Onix} gm all
[09:10] {Threei} onix :)
[09:18] {Threei} not much happens aside of SOHU/SINA
[09:24] {esemde} good morning
[09:24] {Threei} ese :)
[09:26] {esemde} don't know if this is happening to any of the rest of but ....my link to this trading room keeps disappearing of my desktop if I don't log onto to it everyday...?
[09:26] {Threei} wow
[09:26] {patience} morning ese, doens't happen to me
[09:26] {ThurstonHowellTheThird} gm all
[09:26] {Threei} thtt :)
[09:26] {esemde} morning patience....this is the 3rd time in 2 weeks for me
[09:26] {Threei} do you have some setting that cleans out icons not used on daily basis?
[09:27] {esemde} don't think so
[09:27] {esemde} where would i check that
[09:27] {Threei} my comp now and then suggests me to clean those that I didn't use for a while
[09:28] {markweb} good morning all
[09:28] {Threei} I'd imagine there is some setting that outs it on auto somewhere... not sure, will have to look
[09:28] {Threei} mark :)
[09:28] {markweb} :)
[09:28] {esemde} mark...THTT..
[09:28] {esemde} morning
[09:28] {markweb} ese:)
[09:29] {bruce} adsk worth watching as break high candidate vad
[09:29] {dino} not happening here es
[09:30] {dino} ilmn smacked
[09:30] {esemde} tks dino
[09:31] {Threei} ADSK high .50 from Fri
[09:31] {Threei} if holding above .30, worth a try
[09:31] {Threei} SEED
[09:31] {Threei} .60 meltdown, very risky
[09:32] {dino} v sm cme l 482
[09:35] {dino} watching sigi again ruce
[09:35] {dino} bruce
[09:36] {magoo} morning
[09:36] {Threei} magoo :)
[09:38] {dino} cme stopped
[09:42] {Threei} anyone got first SEED run?
[09:43] {Threei} watching if it forms new one
[09:43] {esemde} not i Vad
[09:43] {tomg} ty seed, vad
[09:43] {Threei} welcome
[09:43] {esemde} was watching BEAV for bstop at 42.01
[09:44] {esemde} and NTES of which i just missed
[09:45] {esemde} although NTES could bounce aroun 21.2
[09:46] {Threei} JNPR 27.01 long if stays above .85
[09:50] {esemde} NTES 1/2 lot long .25
[09:51] {dino} mco l .00, stop .69
[09:51] {esemde} we'll se if we get a bounce out of this
[09:51] {esemde} NDX bouncing up so we'll see
[09:54] {Threei} NIGERIA'S MILITANT GROUP MEND VOWS TO "CRIPPLE" NATIONS OIL PIPELINE - WIRE HEADLINE
[09:54] {Threei} sigh
[09:55] {Threei} JNPR over 1:1
[09:55] {ThurstonHowellTheThird} +.15 jnpr ty
[09:56] {dino} gj
[09:56] {Threei} :)
[09:56] {esemde} out NTES .50
[09:56] {esemde} +.25
[09:56] {Threei} wtg
[09:57] {esemde} tks
[09:57] {Threei} SEED and COIN...
[09:57] {esemde} slowly pecking away these days...a little here a little there
[09:58] {Roman}
21 long SOLF
[09:58] {Roman}
21 small
[09:59] {Threei} SEED, momo play, very risky... another setup is .7.05
[10:01] {dino} fstr sm l .50
[10:01] {Threei} stop under 6.90 SEED
[10:02] {Threei} if you pared JNPR, stop for the balance is .99
[10:03] {esemde} STP bstop 45.01 1/2 lot
[10:04] {esemde} if it stays in the .80 to .00 range
[10:05] {Threei} SEED will probably be a play again later
[10:05] {Threei} but pullbacks on it can be brurtal
[10:05] {Threei} don't want to sit through those
[10:05] {esemde} STP bstop invalidated...
[10:07] {Threei} we have FOMC on Wed
[10:07] {Threei} going to be interesting junction
[10:08] {Threei} JNPR little champ eh
[10:09] {esemde} who knows anything about HNSN...i'm liking a bstop at 18.21
[10:09] {Threei} MATK
[10:09] {Threei} looks like nice spot for pullback entry
[10:09] {Threei} crossback over .50
[10:10] {Threei} smallish shares
[10:10] {Threei} stop will depend on where it bottoms out
[10:10] {Threei} OK, stop under .35
[10:11] {esemde} i'm game...vad long .48
[10:11] {Threei} JNPR over 1:2
[10:12] {Threei} wake up MATK
[10:12] {esemde} stop .35
[10:13] {Threei} what's with all the happiness
[10:13] {dino} you pessimist
[10:13] {Threei} lol
[10:14] {Threei} just want to know what the whole world is so happy about so I could join
[10:14] {dino} why not?
[10:17] {Threei} no worky MATK
[10:17] {esemde} stopped matk....quelle drag
[10:17] {dino} amed
[10:19] {Threei} ugh SEED
[10:19] {Threei} too tight stop
[10:23] {dino} fstr stopped -.40
[10:28] {Threei} ese, look dcc please
[10:29] {judijim} good morning all
[10:29] {Threei} jj :)
[10:32] {Threei} ELNK... blast from the past
[10:33] {dino} sigi l .72, stop .49
[10:35] {Chaeron} GM all
[10:35] {Threei} chaeron :)
[10:37] {Threei} no one stayed in JNPR?
[10:37] {Threei} just want to know if I can take it off the screen
[10:37] {magoo} i took .255
[10:37] {Threei} wow... that's a very precise exit
[10:38] {magoo} SOHU looks long here
[10:38] {bruce} brp dino - thin one
[10:38] {magoo} damm..was .60 whuile typing
[10:38] {Chaeron} nice spot tho magoo
[10:39] {magoo} really starting to appreciate vad..lol
[10:39] {magoo} i wanted .60 ..typed its gone
[10:39] {magoo} pointer
[10:39] {magoo} u good vad
[10:40] {dino} bank of brazil huh?
[10:40] {Threei} lol mags
[10:40] {dino} last try fstr l /80, stop lod
[10:41] {dino} telecom, sorry bruce
[10:41] {bruce} k dino
[10:45] {Threei} OME
[10:45] {Threei} HEARING POSITIVE MENTION IN A NEWSLETTER
[10:45] {Threei} fertilizer industry
[10:47] {Chaeron} politics?
[10:47] {bruce} fisv looks like longcandidate dino
[10:49] {dino} w/mkt help y
[10:53] {Threei} SEED is officially disgusting
[10:55] {Threei} {SOHU} if I can return to 70 and break it, who is to say I can't go couple points more
[11:02] {Threei} RIMM
[11:02] {Threei} .70 support
[11:02] {Threei} feels like another market and RIMM run is coming
[11:06] {Threei} new highs RIMM, not even waiting for NQ
[11:09] {Threei} market sharp downtick
[11:14] {dino} sigi stop to .69
[11:17] {dino} fstr stop to .10
[11:18] {dino} make it .20
[11:20] {bruce} ltr long candiate dino - would prefer to see it drop a bit first
[11:22] {dino} hmm will watch it
[11:23] {dino} fstr to .40
[11:26] {Threei} RIMM .61 long
[11:26] {Threei} stop under .40
[11:27] {Chaeron} in .62
[11:27] {dino} sigi to b/e, can't get it to move
[11:28] {dino} fstr major slip, out aver .33, +.53
[11:29] {Chaeron} nice dino
[11:30] {dino} ty
[11:32] {esemde} OK am back off the phone...whats goin on?
[11:32] {Threei} not much
[11:33] {esemde} hmmm nothing that i can buy 2000 or shares of ...have it go up 30 budcks and call it a day.....
[11:33] {Threei} NQ is trying for spike... indecisive yet
[11:34] {esemde} ahhhhhh
[11:34] {Chaeron} help it make up its mind Vad... 2x4?
[11:35] {esemde} have heard thats effective in some situations
[11:35] {Threei} in most, I'd say
[11:35] {Chaeron} sometimes vad just needs to show it
[11:36] {Threei} no worky RIMM
[11:36] {Chaeron} stopped RIMM
[11:37] {esemde} well i'mm otta here until tomorrow...I have Afghanie
[11:37] {esemde} Firefighters
[11:37] {magoo} sohu long .15
[11:37] {esemde} visiting my class today
[11:37] {magoo} dam
[11:37] {magoo} fast
[11:37] {Threei} take care ese
[11:37] {esemde} see ya vad
[11:37] {Chaeron} bye ese!
[11:37] {dino} later es
[11:37] {esemde} see ya boys
[11:38] {Chaeron} dang it... now it spikes
[11:38] {Threei} NQ shakeout...
[11:50] {Threei} JNPR
[11:50] {Threei} .51 for a scalp
[11:51] {Threei} if stays above .45
[11:51] {bruce} l ltr 42.32 stop 10 c
[11:54] {Threei} great RIMM... you were supposed to do that 20 min ago
[11:59] {judijim} taking am break, be back
[12:02] {Threei} CRAY
[12:02] {Threei} COLLABORATES WITH INTEL TO DEVELOP FUTURE SUPERCOMPUTING TECHNOLOGIES
- Signed a multi-year agreement to advance high-performance computing (HPC) on Intel microprocessors while delivering broad new Intel and Cray technologies in future Cray server systems
[12:02] {Threei} - The two companies plan to explore future supercomputer component designs such as multi-core processing and advanced interconnects. As a result of this collaboration, Cray and Intel plan to develop a range of HPC systems and technologies over the next s
[12:04] {Threei} what a yawny excuse for a day
[12:05] {Chaeron} JNPR doesn't work
[12:05] {Threei} nope... all it could move was 4 cents
[12:05] {Chaeron} yawn
[12:06] {Chaeron} market has a hangover
[12:06] {dino} big time
[12:06] {Threei} or can't decide what to make of Wed FOMC rate decision
[12:06] {dino} feels like friday morning all over
[12:08] {Threei} while market is looking for Akla Zeltser, read last blog post conclusding psychology mini-series
[12:11] {dino} sgr l .10, stop .79
[12:14] {bruce} half out ltr +.21
[12:18] {bruce} out balance ltr+.32c
[12:18] {Chaeron} cmon market... impress me.....
[12:20] {Threei} which way?
[12:20] {Chaeron} up would be nice
[12:21] {Threei} if reverses, AAPL is better follower with suport of .50
[12:21] {Threei} RIMM is not really a player with market today
[12:22] {dino} nice spot ltr bruce
[12:23] {bruce} thanx dino
[12:23] {bruce} think it will go to 43 but just wanted scalp since market is so soft
[12:23] {bruce} you get it?
[12:23] {dino} undrestood
[12:24] {dino} no wanted double bottom entry
[12:24] {bruce} k
[12:25] {bruce} we had it at .24
[12:25] {bruce} sigi may be ready to move now
[12:26] {dino} trades slow, but safe
[12:26] {dino} stop is .74
[12:26] {bruce} lol - yes - till it spikes
[12:29] {bruce} there ltr above 43 as expected - damn - wish I'd had guts to hold
[12:29] {dino} a scalp's a scalp bruce, you did well
[12:30] {bruce} thanx -better than 2 to 1 on risk - so satisfied overall -
[12:31] {bruce} tough day overall though - nothing really moving at all
[12:31] {Threei} anyone managed to catch AAPL?
[12:34] {Threei} POZN
[12:34] {Threei} RECEIPT OF $20 M IN MILESTONE PAYMENTS FROM GLAXOSMITHKLINE
[12:37] {Threei} AAPL seems to be catching momentum
[12:41] {Threei} two headlines that probably explain RIMM/AAPL divergence
[12:41] {Threei} 04/24/08 05:58pm
[12:41] {Threei} [RIMM] Research in Motion Ltd The 3G version of the BlackBerry is facing delays - Fortune
[12:41] {Threei} - According to Fortune's Scott Moritz sources close to RIMM and AT&T say that the new 3G model has been delayed to as late as Aug from the originally expected June release.
[12:41] {Threei} APPLEINSIDER REPORTS APPLE HAS PLACED ORDERS FOR 24M-25M UNITS OF THE NEXT GENERATION 3G IPHONE- cites a Chinese language periodical, stating that a key component supplier has been given an order to procure component materials for the new iPhone.
[12:42] * Threei slaps Laserdave1 around a bit with a large trout
[12:42] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:42] {Laserdave1} nice to see u guys as well
[12:53] {Threei} SEED is trying again
[13:04] {dino} mco stop to .31, all day-er
[13:04] {Threei} AAPL fels like rally candidate
[13:05] {Threei} hard to find exact entry, see if you can get a read
[13:06] {magoo} sohu too vad
[13:07] {dino} sigi stopped +.02
[13:10] {dino} out mco .40, +.40
[13:12] {Threei} anyone found AAPL entry?
[13:12] {hawkfan4} .78 small here
[13:13] {magoo} i took 172.58
[13:14] {Threei} one more spike it feels
[13:14] {Threei} don't oversit
[13:15] {hawkfan4} out .11
[13:15] {Threei} good out
[13:15] {magoo} out
[13:15] {magoo} TY]
[13:16] {Threei} market is jittery
[13:16] {Threei} US TREASURY'S STEEL: SEES SIGNS OF PROGRESS IN HOUSING, 'HOPE NOW' PLAN HAS HELPED 400K HOMEOWNERS AVOID FORECLOSURE
- Treasury is focused on helping owners who want to stay in homes and have financial ability to do so
[13:16] {Threei} - Says the current market woes are not unusual, and sees continued market challenges in months ahead
[13:17] {dino} silc hl l .40
[13:18] {dino} chco spike
[13:29] {Threei} RIMM is fairly weaker than AAPL
[13:29] {magoo} SOHU
[13:29] {Threei} would be my short candidate
[13:29] {Threei} 123 resistance, if market turns down sharply
[13:30] {Threei} no shorting against NQ
[13:30] {Threei} MORGAN STANLEY REVISES FORECAST FOR FED RATE CUT: NOW EXPECTS FED TO HALT CUTS AT 2%
[13:33] {Threei} 123.20 next closest resistance
[13:34] {Threei} still strength NQ
[13:34] {dino} hod
[13:42] {Threei} .99 short RIMM
[13:42] {Threei} if stays below .10
[13:43] {Chaeron} in .98
[13:44] {magoo} me to
[13:44] {Threei} stop either .15 or .30
[13:44] {Threei} depending on your objectives
[13:44] {Threei} both are valid
[13:44] {Threei} me personal preference is to keep it at .15 and retry if stopped
[13:45] {Threei} shouldn't though... looks like down is the way now
[13:45] {Chaeron} I want a buck :)
[13:46] {Threei} well... you remember friday
[13:46] {Threei} went 50 cents, retreated all the way back, then went dollar and half
[13:46] {Threei} hard to tell shakeout from valid change of direction
[13:47] {Threei} NQ at resistance
[13:47] {Threei} if turns down from here, action is right
[13:47] {Threei} if goes above 1940, no idea
[13:49] {dino} scor
[13:51] {magoo} stopped
[13:51] {Threei} no fresh news SCOR
[13:52] {Threei} SOHU
[13:52] {Threei} TICKING HIGHER, HEARING PRICE TARGET RAISED TO $100 FROM $62 AT PACIFIC CREST (
[13:53] {Threei} NQ strength again
[13:53] {dino} scor l .60
[13:54] {dino} didn't expect that bid to hit
[13:57] {Threei} second attmpet
[13:58] {Threei} got .16 on this last spike
[13:58] {Threei} stop is naturally above .30
[14:01] {Threei} OPEC says oil prices may soar as high as $200/barrel
[14:01] {Threei} sure, if you continue cutting down production
[14:01] {Threei} doesn't it sound like economic war?
[14:02] {Chaeron} I remember doubting when I heard rumors of $60/bbl
[14:04] {dino} t some point, it won't matter, as replacements fuels will kick in
[14:04] {Threei} I don't doubt anything anymore
[14:04] {dino} 2 years give or take
[14:04] {Threei} oil is going to 300, gold to 2500
[14:05] {Threei} NASDAQ back to 5000
[14:05] {Threei} QCOM to 700
[14:05] {dino} of course, when we stop lowering rates and dollar gets stronger, they all drop
[14:05] {Threei} BXMNF will rise from ashes and go to 100
[14:06] {Threei} oh, and KTEL...
[14:06] {Chaeron} lol
[14:07] {Chaeron} make announcement that US will tap ANWAR and Dakotas... oil loses $40
[14:07] {Threei} not much room left to cut them dino...
[14:07] {Chaeron} oh that and 6 refineries to be built in next 5 years
[14:08] {dino} my point. and eupose is tanking, so they drop, we sit, dollar up, oil down...time will tell
[14:08] {dino} europe
[14:19] {Threei} over 1:1 RIMM
[14:20] {Threei} covered half
[14:20] {Threei} .21 stop for the balance
[14:23] {dino} scor stopped -.40
[14:30] {dino} silc stopped .26 -.14
[14:32] {Chaeron} out of all your longs dino?
[14:34] {dino} y
[14:34] {Chaeron} in that case, Vad please knock the crap outta the market and RIMM
[14:34] {dino} lol & th
[14:34] {Threei} where you are in from?
[14:34] {dino} ty
[14:35] {Chaeron} .98
[14:35] {Chaeron} 1:1 here
[14:35] {Chaeron} but teetering... I'd like more... please sir
[14:37] {Chaeron} out .81.. thanks Vad
[14:38] {Threei} ah come on... I almost lost all feelings in my arm swatting RIMM
[14:38] {Threei} and you are out
[14:39] {Chaeron} want me to reenter?
[14:39] {Threei} lol
[14:40] {dino} sbr l .50 last try
[14:40] {dino} sgr
[14:57] {Threei} watching AAPL for long entry, closer to 173
[14:57] {Threei} in
[14:57] {Chaeron} me too... .03
[14:57] {Threei} stop under .90
[14:57] {Threei} can take several tries as they all do now
[14:58] {Threei} shake and return back
[15:01] {Threei} half out .25
[15:05] {Threei} come on
[15:05] {magoo} no kidding
[15:06] {magoo} l sohu .19
[15:10] {Threei} US ENERGY DEPT: ETHANOL OUTPUT +34% Y/Y, TO RECORD 518K BPD
[15:10] {Threei} is it a reason for celebration really?
[15:11] {Threei} out AAPL balance
[15:12] {Threei} why do I bother wirty attempts to partial
[15:12] {Chaeron} made sense in diff mkt?
[15:15] {magoo} SOHU worx
[15:15] {magoo} .90 cents so far
[15:16] {Threei} good one
[15:16] {magoo} [15:06] {magoo} l sohu .19
[15:25] {dino} geoi
[15:26] {Threei} now what?
[15:28] {Threei} I don't see any news for this drop
[15:33] {Threei} what is 5 years fixed mortgage rate in US at this point?
[15:33] {dino} 30 yr. is 6.10
[15:34] {dino} yhoo.com would have it vad
[15:34] {Threei} can't compare that one... got 5 years by any chance?
[15:36] {Threei} yahoo shows only ARM for 5 years for some reason
[15:38] {dino} dk vad, commercial is prime +, depending on your credit status, usually 5.25 +.25 or .50
[15:41] {Threei} best one can get here right now is 5.44
[15:42] {judijim} signing off, have a good one everyone
[15:42] {Threei} take care jj
[15:42] {dino} check the stret.com, they have some low offers
[15:43] {magoo} bye j & j
[15:44] {Threei} the small ag stocks take turns
[15:44] {Threei} first was FEED
[15:44] {Threei} then SEED
[15:44] {Threei} now COIN
[15:45] {Threei} the = these
[15:46] {dino} sgr stopped -.28
[15:47] {Threei} one stock to keep and eye on guys
[15:48] {Threei} chinese construction,
[15:48] {Threei} while chinese market contracted by half, this one went from high about 25 to 5,
[15:48] {Threei} and with all the construction, Olympics etc, likely to get some attention
[15:48] {Threei} RCH
[15:52] {Chaeron} that on AMEX?
[15:53] {Threei} yes
[15:53] {Threei} what's with sudden panic
[15:53] {Threei} no single word on wires
[15:54] {Threei} paranoid market
[15:54] {Threei} let's already hike rates and get it over with
[15:58] {Threei} thank you all, have a good evening
[15:58] {Threei} try to get enough sleep till tomorrow, it's obcviously hard to keep eyelids open
[15:58] {Threei} see you tomorrow
[15:59] {Chaeron} thanks... bye Threei
[16:01] {dino} gn all

Apr 25 2008

Session Time: Fri Apr 25 00:00:00 2008

[08:45] {Threei} Good morning
[08:45] {hawkfan4} good morning Vad, all
[08:45] {Threei} interesting opening
[08:45] {Threei} hawk :)
[08:46] {Onix} Good morning sloggers
[08:46] {Threei} NQ is up 8-10, even though earnings announced yesterday were not particularly stellar
[08:46] {Threei} onix :)
[08:46] {Threei} especially MSFT
[08:53] {fernp} gm
[08:53] {Threei} fernp :)
[08:58] {dptl} good morning all
[08:58] {Threei} dp :)
[09:04] {Threei} replay is working for everyone now?
[09:04] {Onix} Quite a few big guns down: MSFT, YHOO, RIMM, INTC ?? but futures up?
[09:04] {Threei} that's what caused my [08:45] {Threei} interesting opening
[09:05] {Onix} maybe we get whipsawed today?
[09:05] {GeoArb} gm
[09:05] {Threei} geo :)
[09:06] {Threei} US TREASURY TO SEND STIMULUS CHECKS STARTING ON MONDAY
[09:12] {Onix} Futures very steady could mean good open with slow up movement?
[09:13] {Threei} so far, yes
[09:13] {Threei} but this is friday
[09:13] {Threei} aka scalping day
[09:14] {Onix} scalping day?
[09:15] {Onix} meaning good market movement?
[09:15] {markweb} good morning all
[09:15] {Threei} rarely good day for longer holding periods... mostly 1:1
[09:15] {Threei} mark :)
[09:15] {markweb} :)
[09:15] {Onix} thanks
[09:18] {dino} gm all
[09:18] {Threei} dino :)
[09:18] {markweb} dino:)
[09:19] {dino} :)
[09:19] {dino} ahhh yes, i remember, scalpers friday
[09:20] {dino} pretty soon, i start leaving around noon on fridays
[09:20] {Threei} ok,,, replay is working I see :)
[09:20] {dino} y
[09:23] {esemde} god morning...
[09:23] {Threei} ese :)
[09:23] {markweb} ese:)
[09:24] {esemde} the replay is indeed working
[09:24] {esemde} mark
[09:29] {dino} saddle-up
[09:32] {pita} gm all
[09:33] {Threei} pita :)
[09:34] {bruce} yrcw spike dino
[09:34] {dino} isis
[09:35] {dino} pbt, watch oih
[09:35] {bruce} and idxx
[09:35] {dino} lagging??
[09:35] {dino} yrcw strange , loss
[09:36] {bruce} isis bounce candidate dino
[09:36] {dino} need coffee
[09:37] {esemde} SYNA is looking like ISIS dino
[09:38] {esemde} no bad news to speak of though
[09:38] {Threei} CIEN .55 long if stays above .40
[09:38] {dino} hmm
[09:40] {bruce} sivb anoher piker
[09:41] {dino} lol
[09:41] {esemde} nice climg for SYNA...no place to enter though
[09:41] {dino} the financials are tough to read sivb
[09:41] {bruce} rimm bounce long near here vad?
[09:42] {dino} sivb looks good, reported
[09:42] {Threei} .50 break probably
[09:42] {Threei} a bit too volatile for comfortable read for now
[09:43] {dino} lnce
[09:43] {bruce} agreed - stops too wide for my taste at moment
[09:43] {dino} nope
[09:45] {dino} pgnx
[09:45] {GeoArb} cien stopped
[09:46] {bruce} eric short vad?
[09:46] {Threei} looks like
[09:47] {esemde} AaaaaaaaaaaaaRBA......is back
[09:47] {Threei} announced decent earnings, ese
[09:47] {esemde} tks
[09:48] {esemde} am gonna follow it
[09:49] {esemde} gonna look long around 10.40 pullback
[09:50] {dino} ugh isis, missed 2x's
[09:50] {bruce} damn - we missed isis reversal dino
[09:51] {dino} pgnx s .80, stop .13
[09:52] {dino} too soon
[09:54] {esemde} ARBA 1/2 lot long .60
[09:54] {dino} waiting for isis 12.60 fwiw
[09:54] {dino} pgnx stopped -.33
[09:55] {markweb} stop on ARBA, ese?
[09:55] {bruce} aapl tanking
[09:55] {bruce} sorry dino
[09:55] {bruce} all these spikes and nothing clean to trade
[09:55] {Threei} *APRIL FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 62.6 V 63.2E
[09:56] {esemde} stop .49 on ARBA
[09:56] {markweb} ty
[09:56] {dino} wow pgnx
[09:57] {bruce} not your typical "quiet" friday vad
[09:57] {Threei} nothing readable too
[09:57] {Threei} disconnected moves
[09:58] {dino} not at all, chaos
[09:58] {bruce} yeah - no way I'm trading breaks
[09:58] {dino} pgnx bruce, topping?
[10:00] {Threei} 1-year inflation expectation at 4.8% v 4.3% in March
[10:00] {Threei} - headline 62.6 is lowest reading since July 1980 (62.3)
[10:00] {bruce} msft possible short here
[10:00] {esemde} out ARBA .94 +.34
[10:00] {Threei} wtg
[10:00] {markweb} out ARBA +32 Thanks ESE:)
[10:00] {dino} gj es
[10:01] {esemde} tks...beats geting stopped like yesterday
[10:01] {bruce} lol - guess not yet dino
[10:01] {esemde} gj mark
[10:01] {markweb} ty
[10:02] {Threei} RIMM .50 cross long if stays above .30
[10:03] {bruce} pgnx does look done actually -
[10:04] {Threei} lol, ARBA just doesn't care
[10:05] {esemde} ya...another nice move to 11.00
[10:06] {dino} pgnx, like rundmc
[10:06] {dino} "it's tricky"
[10:06] {dino} isis l .00, stop .67
[10:06] {bruce} yeah - spikes are extremem today
[10:07] {esemde} the Arba news is gonna have to be real good ...it doesn't make moves much large than 1.75
[10:08] {esemde} followed it for a while way back...this is seeming extreme to me....arba that is
[10:09] {dino} news is good
[10:09] {esemde} lots of resistance at 11.00 for sure
[10:10] {esemde} could go i guess if it gets by 11
[10:10] {dino} isis stopped,
[10:11] {bruce} may bounce around .50 .40 area dino
[10:12] {Threei} MSFT CEO: WE'LL SEE WHAT YHOO BOARD DOES, BID 'QUITE GENEROUS', NOT THINKING ABOUT NEXT STEP ON YHOO UNTIL TOMMOROW
[10:15] {dino} rimm s l .00
[10:16] {esemde} JRJC looking for a pullback
[10:19] {esemde} jrjc news?
[10:19] {GeoArb} CAVM ready to breakdown some more?
[10:19] {Threei} JRJC takover rumors
[10:19] {esemde} AHHHH HAAAAA....
[10:21] {dino} isis l .60
[10:21] {esemde} apread bouncing all over the place....can't see where to get in
[10:21] {dino} my original thought
[10:22] {dino} mco .15 l
[10:22] {esemde} oh well.....
[10:24] {dino} everything bouncing all over
[10:24] {dino} dji green
[10:24] {Chaeron} GM all... miss much?
[10:25] {Threei} not really
[10:25] {bruce} stopped isis +10c
[10:25] {esemde} CCCHHH BABY!!!
[10:25] {esemde} dull day man dull day...
[10:26] {dino} isis stop is .37 fwiw, too screwed up
[10:26] {Chaeron} ese !!! gracias primo
[10:26] {bruce} took it at .47 and exited on failure to break .62 dino
[10:27] {dino} gj
[10:27] {dino} i'm thinking it's time to start having fun
[10:27] {bruce} im for fun
[10:27] {dino} run rimm, run
[10:28] {dino} c'mon rimm i want a buck
[10:28] {dino} ron regan would say,..."tear down that (.50) wall"
[10:28] {judijim} good morning all
[10:29] {Chaeron} hi jj
[10:29] {Threei} jj :)
[10:29] {dino} cme waiting small at 483.00
[10:29] {bruce} only a buckdino?
[10:29] {bruce} morn jj
[10:30] {dino} yeah, its friday bruce
[10:30] {dino} should've taken .40 2xs
[10:30] {Chaeron} i want a clean entry..
[10:30] {dino} isis stopped -.23 done w/it
[10:30] {Threei} ARBA .91 if stays above .80
[10:32] {dino} fstr l .30, stop .97
[10:35] {esemde} am just missing stuff left and right...first INFN and now FLIR
[10:35] {esemde} and now CREE....
[10:36] {dino} me too es, no feel today
[10:37] {esemde} i'm with ya on that
[10:37] {dino} cme cx order
[10:39] {esemde} long CREE .92 1/2
[10:40] {dino} fast fall mkt
[10:40] {Threei} US SECURITY FIRES WARNING SHOT AT IRANIAN BOATS IN THE GULF - WIRE CITES FOX NEWS
[10:40] {Chaeron} wake me if they hit something...
[10:41] {dino} that explains it
[10:44] {dino} rimm stopped .49 -.51 sm
[10:46] {bruce} insu - traditional break of high setup here vad
[10:48] {Threei} works too, to my amazement
[10:48] {bruce} sheesh - teleported though - no chance to enter
[10:50] {Threei} spread is not kosher
[10:51] {bruce} its a dino thinny
[10:51] {esemde} moved my stop on CREE to .83
[10:52] {dino} let me look then
[10:52] {Threei} HIGHER OIL PRICES WEIGHING UPON RECENT USD BULLISH SENTIMENT - DEALERS- Oil firmer on supply disruptions disruptions from Nigerian pipeline attacks, UK strike impact and geo-political factors that US Security fired warning shot at Iranian Boats in the Gulf on April 24th.
[10:53] {Threei} - A vessel contracted by the Navy in the Persian Gulf fired warning shots Thursday on two Iranian fast boats, FOX News has learned. The Westward Venture, a ship contracted by the Navy to carry military cargo to Kuwait, fired upon the boats Thursday after attempts to get Iranian boats' attention failed.
[10:53] {dino} that'll get their attention
[10:53] {esemde} i'll say...
[10:54] {dino} insu good report
[10:56] {Threei} OIH volaitlity is incredible today
[10:59] {bruce} vad - ifyou call up pbt does level one show you high and low for day?
[10:59] {Threei} not for listeds
[11:00] {bruce} k
[11:00] {Threei} use daily chart
[11:00] {bruce} yes - just wondering if laser was working right
[11:00] {Threei} point curos at today's candle, press left button, read high/low
[11:00] {bruce} pbt possible reversal here dino
[11:00] {Threei} cursor that was
[11:01] {bruce} got you - thanx fad
[11:01] {dino} vad, always cursing
[11:01] {Threei} oh well
[11:02] {bruce} lol - sorry about typing
[11:02] {dino} stop lod
[11:05] {dino} rimm feels like wants wed. bottom
[11:05] {bruce} can't blame vad for cursing - has to put up with magoo
[11:06] {dino} you should hear me then
[11:09] {esemde} out CREE .95 +.03
[11:10] {esemde} price is turning down
[11:16] {bruce} languahge not suitable for this room dino
[11:16] {dino} :)
[11:19] {dino} fstr stopped -.37
[11:19] {Threei} is this iranian thing getting any attention anywhere else but Fox?
[11:19] {Threei} I don't see it on CNN
[11:20] {Threei} or any other wires than one referring to Fox
[11:20] {esemde} signing off for a few minutes....
[11:21] {Threei} you'd think ness sinking market like this should be front and center
[11:21] {Threei} ness = news
[11:21] {patience} was reported on BNN News, but citing Fox
[11:21] {Threei} yeah, all I see refers to the same original source
[11:23] {Threei} if report appears about it being an unconfirmed rumor... I'll buy everything
[11:24] {fernp} US Security fires warning shots at Iran boats in Gulf (Briefing.com)
[11:24] {Threei} ty fernp
[11:25] {Threei} unclear if they got it independently or are citing the same Fox
[11:25] {fernp} citing Dow Jones news
[11:25] {Threei} ahha
[11:25] {Threei} that's more solid
[11:25] {Threei} ty
[11:26] {fernp} :)
[11:26] {dino} cme l 481.39 sm wide
[11:26] {Threei} I really hope it doesn't escalate to full blown military conflict
[11:26] {dino} rimm l 119.25 sm
[11:26] {bruce} not likely vad - that stuff happens all the time
[11:26] {bruce} boys playing with their toys
[11:27] {bruce} gotta gun - gotta use it
[11:27] {dino} it won't we are too stretched
[11:27] {Threei} well... very bad timing for this game
[11:27] {bruce} they sink a ship - then it gets serious
[11:27] {dino} happened about 2 weeks ago too
[11:27] {Threei} we are stretched... oil is already priced above economy's ability to handle it... inflation is already beyond bearable...
[11:28] {Threei} IMO, this war, if heaven forbid it starts, won't cause market rally like previous one dids
[11:29] {dino} of course, we are already in position. just need to paved and drill iraq
[11:29] {dino} paving it would take care of that nasty sand issue
[11:29] {Threei} VNDA?
[11:33] {dino} magoo just stopped by, slacker is taking today off
[11:34] {Threei} say hello to him
[11:34] {bruce} isis looking longagain dino
[11:34] {Threei} probably good choice, not much readable and tradeable so far
[11:34] * Chaeron slaps magoo with a large trout
[11:34] {dino} no mas, isis no mas
[11:35] {dino} told him the same vad
[11:38] {dino} oh man, i had alot of rinses
[11:39] {dino} pbt l .99, hl
[11:44] {dino} wbmd
[11:44] {judijim} be back after AM break
[11:44] {dino} bad prints at 28
[11:51] {esemde} i'm back....missed the Chaeron slap eh.....would have been highlight of the day...... rats...
[11:51] {Threei} I am torn a bit... on one hand, slapping laserdave on his appearance is always joyful occasion... on another, afraid of making it too routinish
[11:51] {GeoArb} not a fun day at all
[11:52] {esemde} tough decision
[11:52] {GeoArb} i think i am going to watch a kungfoomovie on netflix.... (instant gratification)
[11:53] {dino} lol
[11:55] {Threei} what can I say Geo... I am glad I backed off after first stop, haven't seen anything readable since then
[11:55] {GeoArb} yeah same here
[11:55] {GeoArb} took the first stop
[11:55] {Threei} some days are calling for defensive stance
[11:55] {GeoArb} and then have had the iron discipline of a kung foo master
[11:56] {GeoArb} ahh friday lots of drinking and barbecuing
[11:56] {bruce} only the discipline? thought you were a kung fu master geo
[11:56] {GeoArb} nah..... the wrong asian
[11:56] {GeoArb} lol
[11:57] {GeoArb} we do yoga in loincloths (too much info)
[11:57] {GeoArb} anyone use eignal here?
[11:58] {bruce} lol- invite mags - sounds like his type of fun
[11:59] {GeoArb} looks like one of the days i will be glad to go to work
[11:59] {GeoArb} an inside range day for sure till now
[12:14] {bruce} wow - above zero outside again - would break out the shorts but snow expected again
[12:14] {Threei} oh boy...
[12:14] {Threei} HOUSE SPEAKER PELOSI: SEES A STRONG NEED FOR A SECOND FISCAL STIMULUS BILL, DISCUSSIONS WITH WHITE HOUSE HAVE BEGUN- House Republican leader Boener says talks are a step in the right direction.
[12:15] {bruce} sounds like desperation moves vad
[12:15] {Threei} this is beyond ridiculous
[12:15] {bruce} I think theyt should just send money to their friends to he north
[12:15] {bruce} then we can buy stuf and stimulate their economy for em
[12:15] {Threei} yup... at least we would cause more inflation on this side of the border, not on theirs
[12:15] {bruce} whatcould be fairer?
[12:17] {Threei} also, on per capita basis it would be much more effective
[12:17] {dino} can you tell it's an election year?
[12:17] {Threei} since our entire population is less than just Califirnia
[12:18] {Chaeron} that much?
[12:19] {bruce} l aet 43.36 - stop 8c
[12:20] {esemde} am outta here......have a great weekend everyone......
[12:20] {Threei} take care ese
[12:20] {esemde} see ya Vad
[12:21] {dino} cya es
[12:24] {bruce} out aet +10c - no guts
[12:25] {bruce} agreed vad - I promise to spend 2 thrids of whats gven me
[12:25] {bruce} lol
[12:25] {Threei} hmmm... and here I am with intend to spend all 100%
[12:26] {bruce} can understnad that perfectly - you have all those nigerian dollars to fall back on
[12:26] {Threei} yeah, adds confidence
[12:28] {bruce} aet looks like break candidate
[12:42] {Threei} THTT, look dcc please
[12:51] {Threei} what a jittery market today
[12:52] {tomg} have a great weekend everyone
[12:52] {Threei} take care tom
[12:53] {bruce} bye tom
[12:53] {bruce} have good weeend
[12:54] {bruce} hmmm- maybe I should wax my skiis for weekend?
[12:54] {Threei} lol
[12:54] {Threei} IMO... time to think of moving bruce :)
[12:54] {dino} later tom
[12:55] {Chaeron} 78 here and not a cloud in the sky Bruce... beach looks really nice from where I'm sitting
[12:55] {dino} ironically today was more of a small shares wide stops day, unusual for friday
[12:56] {bruce} lol chaeron - good thing Ihate warm beaches or I'd be jealous
[12:57] {bruce} definitely strange day dino
[12:57] {bruce} you green? saw you take lots of hits today
[12:58] {dino} no, but lots of time left
[12:58] {bruce} yes
[12:58] {dino} it was my equal out day, only 2 stops yesterday, so odds against me at the start.
[12:59] {dino} that fstr stop is driving me nuts, almost a buck up from entry
[13:00] {dino} pgnx too, i was too big, because of scalp day
[13:04] {Threei} VNDA wants 5 today or what
[13:05] {bruce} sina strong today
[13:11] {dptl} grabed +.05 and +.10 on your aet Bruce.... ty :)
[13:11] {Threei} dptl, ever the grabber
[13:12] {dptl} lol.......
[13:12] {dino} gj
[13:12] {GeoArb} where located chaeron?
[13:13] {Chaeron} Newport beach, California
[13:13] {GeoArb} hey nice
[13:13] {GeoArb} I am in the valley
[13:13] {Chaeron} not far
[13:14] {GeoArb} i dcced you
[13:16] {bruce} congrats dp - toughie to trade
[13:20] {bruce} hk short candidate- prefer a small long retace before breaking below .72
[13:33] {Threei} if market proceeds to make new lows, it's going to be first real follow through in weeks
[13:35] {Threei} in l,ine with recent patterns, I'd rather expect 30 points rally now, lol
[13:52] {Threei} 5 points so far... 25 left
[13:53] {dino} same thinking here
[13:54] {markweb} no thinking here:(
[13:54] {Chaeron} not able to think here
[13:58] {dino} now it feels like friday trading, stuck in small range
[13:58] {Chaeron} magooo smart cookie
[13:59] {dino} no, lol
[13:59] {Threei} RIMM has good chance for at least 50 cents run
[14:00] {dino} rally
[14:00] {dino} i want 121
[14:00] {Threei} quite possible
[14:00] {Chaeron} in .45
[14:01] {Chaeron} noone else?
[14:01] {Threei} I would prefer pullback entry... but there is no real techincal read on its support/resistance levels here
[14:02] {Threei} pure market following, and market is very likely to run about 10 points more
[14:03] {bruce} s hk 25.01 stop 10 c
[14:05] {dino} oih, mkt powering up, careful
[14:08] {dino} bolt out of its' death fall today
[14:08] {Threei} RIMM topped at 49 cents from your entry chaeron
[14:09] {Chaeron} thanks... had be stop
[14:10] {dino} sgms
[14:11] {Threei} SEED momo
[14:14] {Chaeron} stopped -0.08
[14:14] {Threei} ugh... had aa good one
[14:14] {Chaeron} thanks Threei
[14:14] {dino} cpla
[14:14] {Chaeron} will try again
[14:15] {Chaeron} sigh
[14:16] {Threei} oversat it a bit
[14:16] {Chaeron} yeah... was too small to take half
[14:16] {Chaeron} np
[14:19] {bruce} took your advice dino - out hk flat
[14:19] {dino} out rimm, bad trade, +.40
[14:19] {Threei} very bad
[14:19] {Threei} borderline disgusting
[14:19] {dino} look now
[14:19] {Chaeron} trade you dino
[14:20] {dino} lol
[14:20] {dino} damn, too .65 hard stop, look now
[14:20] {Chaeron} just tightened stop too much I guess
[14:20] {dino} y
[14:21] {Chaeron} [10:59] {dino} i want 121 {{ me too :)
[14:22] {dino} sgms s .26
[14:25] {dino} stopped -.35, my entries suck today
[14:27] {dino} another rinse
[14:28] {bruce} laundry day
[14:29] {dino} ugh rimm
[14:29] {bruce} sigi dino - possible reversal here
[14:30] {dino} y
[14:35] {dino} ok l sigi .30, stop lod
[14:40] {Threei} anyone squeezed some thing out of SEED?
[14:41] {patience} I'm up $600 bucks today on buying POT options this morning, but that's it
[14:41] {dino} gj patience
[14:41] {Chaeron} I got 0.40 out of RIMM if that counts
[14:41] {patience} not been the greatest week, so it is a nice treat dino, ty
[14:41] {Threei} we don't list 600 as disgusting trade?
[14:42] {dino} i was on target until today, still in the black for week, but no help today.
[14:43] {dino} sigi working so far bruce ty
[14:47] {dino} axys
[14:48] {bruce} welcome dino - hope it continues
[14:49] {dino} :), hard stopped to lock in $100, went fl
[14:49] {bruce} half out sigi +.18c
[14:51] {dino} nice
[14:51] {dino} stop to .46
[14:51] {dino} rimm is one strange trader today
[14:52] {Threei} very
[14:52] {Threei} dino... magoo woluld be all over SEED now I'd think
[14:52] {dino} y
[14:53] {Threei} his kind of momo
[14:53] {dino} indeed
[14:55] {Threei} I mean... make sure you tell him
[14:55] {Threei} not good to leave him with impression he did right thing skipping today
[14:55] {Threei} let's spoil his weekend mood
[14:56] {dino} ok.lol
[14:56] {dino} sigi stop to .52
[15:02] {dino} sigi stop to .64, my usiual +300 bruce day
[15:02] {dino} out
[15:02] {dino} ty
[15:04] {bruce} congrats dino
[15:04] {dptl} Thurston you there?
[15:04] {dino} it was a nice safe trade
[15:04] {dino} cme wqaking up
[15:04] {dino} can't type today
[15:07] {dino} rimm l .00
[15:07] {dino} sm
[15:08] {dino} power up
[15:11] {dino} out rimm .50, +.50
[15:12] {Threei} wtg
[15:13] {dino} ty
[15:13] {dino} lucky entry
[15:13] {Chaeron} nice dino... I missed it
[15:13] {Threei} guess what... 25 points from the moment I said 30 points rally
[15:14] {Threei} spooky
[15:14] {dino} nice call
[15:15] {Threei} made half jokingly
[15:15] {Threei} 27.5 points
[15:18] {dino} almost a 200 pts range day
[15:18] {dino} dji
[15:20] {dino} rimm 120 again, hmmmm
[15:20] {Threei} I am about to come up with new recipe for success these days
[15:20] {Threei} forget serious read, make a joke... no joke is a joke in this market, it will come true
[15:21] {dino} one strange friday
[15:22] {Threei} this iranian thing spooked market, then got dismissed by it
[15:22] {Threei} it's a stupid news item, it just hit in a very sensitive spot
[15:22] {Threei} and reaction got exaggerated greatly
[15:23] {Chaeron} yeah... worry when Israeli jets take off for a strike on nuclear "development program"
[15:24] {dino} syria?
[15:24] {Chaeron} or Iran
[15:37] {dino} mco drop
[15:38] {judijim} we're signing off for today, be back Monday take care everyone
[15:38] {dino} later jj
[15:38] {Threei} take care jj, have a great weekend
[15:38] {bruce} bye jj
[15:39] {dino} mco l .80
[15:39] {dino} out cme all dat 482.59, +1.20
[15:40] {Threei} gotta keep an eye on SEED on Monday
[15:44] {Threei} Ok guys, exhausting week to say honestly
[15:44] {Threei} like pulling teeth
[15:44] {Threei} easy trades were very few and far between
[15:44] {Threei} earnings season is about over
[15:44] {dino} sigi l .00
[15:45] {Threei} let's look forward for more normal trading and more normal for us winning rate next week
[15:45] {Threei} have a good relaxing weekend, slap laserdave if you feel the need for a relief
[15:45] {Threei} I'll see you all on Monday
[15:46] {dino} take care 3i
[15:47] {dptl} well...it wasnt that bad today........have a good weekend all :)
[15:47] * Threei slaps dptl around a bit with a large trout
[15:47] {Threei} yup... just what I thought... almost as good as slapping dave
[15:48] {Threei} take care dino, don't forget to tease magoo about SEED
[15:48] {dino} will do
[15:51] {dino} out mco .10, +.30 fl
[15:51] {dino} ok sigi lets move it
[15:56] {bruce} out balance sigi +.70
[15:57] {markweb} good job bruse!!!!!!
[15:57] {Onix} havea great weekend ... bye
[15:58] {bruce} thanx mark - lucky one
[16:00] {dino} out sigi flat
[16:00] {dino} nice job on sigi bruce
[16:00] {bruce} thanx dino
[16:01] {markweb} bruce DCC pl
[16:06] {dino} gotta hop, baseball practice

Apr 24 2008

Session Time: Thu Apr 24 00:00:00 2008

[08:12] {Threei} PREVIEW: MAR DURABLE GOODS ORDERS AND DURABLES EX TRANSPORTATION DUE AT 8:30 AM
- Consensus expectations:
[08:12] {Threei} - Durable goods orders 0.1% v -1.1% prior (revised from -1.7%).
[08:12] {Threei} - Durables ex transportation 0.5% v -2.4% prior (revised from -2.6%).
[08:12] {Threei} PREVIEW: US INITIAL JOBLESS CLAIMS DATA DUE OUT AT 8:30 AM ET
- Expectations for initial claims are 375K v prior release of 372K.
[08:12] {Threei} - Continuing claims seen at 2.990M v prior 2.984M.
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 342K V 375KE; CONTINUING CLAIMS: M V 2.990ME
[08:30] {Threei} CONTINUING CLAIMS: 2.934M V 2.990ME
[08:30] {Threei} MAR DURABLE GOODS ORDERS: -0.3% V 0.1%E; EX-TRANSPORTATION: 1.5 % V 0.5%E
- Prior Durables revised from -1.1% to -0.9%
[08:30] {Threei} - Prior Ex-Transportation revised from -2.4% to -2.1%
[08:32] {Onix} Good morning young & older
[08:32] {Threei} Good morning Onix
[08:33] * Threei lists himself in "older" category
[08:33] {Onix} maybe the "old" body but not the mind hey?
[08:34] {Threei} I will have to investigate this aspect
[08:35] {Threei} providing I don't forget what it was about
[08:35] {Onix} lol
[08:35] {Threei} :)
[08:36] {magoo} morning
[08:36] {Threei} magoo :)
[08:37] {Onix} morning magoo
[08:38] {magoo} hi
[08:45] {Threei} TASR missed earnings
[08:45] {fernp} gm
[08:46] {Threei} fernp :)
[08:46] {Threei} 07:33am [TASR] Reports Q1 $0.02 v $0.05e, R $22.5M v $26Me
[08:46] {hawkfan4} shocking...
[08:46] {Threei} stunning, I'd say
[08:46] {hawkfan4} :) hee
[08:46] {Onix} lol
[08:49] {Threei} AAPL beat, economic numbers look not too bad this morning... yet futs are red
[08:49] {Threei} warning sign
[08:49] {Threei} recovered considerably from early lows though
[08:59] {dptl} good morning all
[09:00] {Threei} dp :)
[09:03] {dino} gm all
[09:04] {Threei} dino :)
[09:06] {cosmo} RFMD
[09:07] {cosmo} Jefferies raises RF Micro Devices to buyat Reuters(Thu 7:49am)
[09:08] {Threei} SIRI?
[09:08] {cosmo} TheStreet.com's Top 10at TheStreet.com(Thu 8:23am)
[09:09] {hawkfan4} CNBC just mentioned SIRI, something about good chance the deal will get done
[09:10] {hawkfan4} 24-Apr-08 08:47 ET SIRI +6.0% (assumed with a Buy at Citigroup)
[09:11] {GeoArb} gm
[09:12] {dptl} i like their radio
[09:12] {Threei} geo :)
[09:13] {cosmo} mexican radio here...
[09:13] {markweb} good morning all
[09:17] {esemde} Well lordy be....I'm back....anybody there?
[09:17] {dptl} gm ese
[09:17] {esemde} dp......what a nightmare with the dcomputor this week!!!!
[09:18] {Threei} mark, ese :)
[09:18] {esemde} Vad....
[09:18] {markweb} :)
[09:18] {esemde} mark
[09:18] {Threei} welcome back
[09:18] {Threei} virus be defeated?
[09:18] {markweb} ese:)
[09:18] {esemde} yes all 200 and some
[09:18] {Threei} yeesh
[09:20] {esemde} If I want to see all of the morningg discussion Vad how do I access that
[09:21] {Threei} replay isn't working last few days
[09:21] {esemde} ahhhhh
[09:22] {pita} gm everyone
[09:22] {Threei} pita :)
[09:22] {bruce} stsa is triple botom reversal candidate
[09:29] {dino} getting technical huh bruce, :)
[09:29] {Threei} he just likes making us feel inadequate
[09:30] {dino} lol, he lost me on the "bottom" word, not there in banks yet, imo
[09:30] {dino} fstr
[09:32] {Threei} big jump KLAC
[09:33] {Threei} watching LLTC
[09:34] {bruce} qcom break long looks good
[09:36] {Threei} MRVL
[09:36] {Threei} .81 long
[09:36] {Threei} if holding above .70
[09:37] {dino} cme
[09:38] {Threei} PBT sharp drop
[09:39] {Threei} no worky MRVL
[09:40] {bruce} nope stopped
[09:41] {magoo} pretty brutal sell off
[09:41] {Threei} KLAC holding above 44 so far
[09:41] {bruce} looks like .60 may hold in mrvl
[09:41] {Threei} AAPL PRICE TARGET RAISED TO $238 FOMR $218M AT WR HAMBRECHT, MAINTAINS BUY RATING
[09:42] {dino} pbt l sm .15
[09:42] {Threei} KLAC .30 long half lot
[09:43] {Threei} stop under .10
[09:44] {esemde} "I wanna put on.....my my my boogie shoes"...KC and the sunshine band....but holly toledo....three days away slow down your reflexes...
[09:44] {dino} pbt stop to b/e
[09:45] {dino} ese, i want some of what you git
[09:46] {dino} pbt stopped flat
[09:46] {esemde} you got it dino
[09:46] {Threei} KLAC 1:1
[09:46] {Threei} half out
[09:46] {dino} :)
[09:46] {Threei} capable of more IMO, but scalpers know what to do
[09:46] {esemde} GSIC.....but was too slow thinking about it
[09:47] {Threei} stop .24 KLAC
[09:47] {esemde} was looking at it around 13.15
[09:48] {dino} pbt l .50 sm risky
[09:49] {bruce} exbd 5 buck spike dino
[09:51] {dino} ty
[09:51] {Threei} stop to .28 KLAC
[09:51] {dino} if it gets double top s? bruce
[09:52] {bruce} sounds good dino
[09:52] {dino} darn pbt can't get thru .70
[09:52] {Roman}
21 JASO
[09:53] {Roman}
21 long small 23.38
[09:54] {bruce} moo long reversal candidate dino
[09:54] {dino} rfr, you need to watch chris rock, "i think i love my wife" funny
[09:55] {Roman}
21 i already saw it, funny
[09:55] {dino} i saw it last night, good one
[09:56] {Threei} CRUS interesting daily
[09:56] {judijim} good morning all, see only one entry from dino, and vad crus?
[09:56] {Threei} hi jj
[09:56] {dino} etf moo, dk
[09:57] {Threei} KLAC is half open still from .30... not for chasing
[09:57] {bruce} out moo - quick scalp +22c
[09:57] {dino} exbd approaching hod
[09:57] {dino} gj bruce
[09:58] {dino} exbd mabe lower high at .99
[09:59] {bruce} thanx dino - shoulda held for a bit more
[09:59] {dino} oih getting crushed
[09:59] {Roman}
21 out JASO -07
[09:59] {dino} wow, can we rally w/oil going down????????/
[09:59] {Roman}
21 Home Sales ### due now
[10:00] {Threei} MAR NEW HOME SALES M/M: 526K V 580KE
[10:00] {Threei} *MAR HELP WANTED INDEX: 19 V 20E
[10:00] {Threei} not much reason for enthusiasm
[10:00] {dino} pbt stop to .83
[10:01] {dino} fast fall dji
[10:01] {dino} out pbt +.33, ty vad
[10:02] {dino} cme lod
[10:04] {dino} risky v sm cme l 482.53, wide
[10:06] {Threei} not sure what to make of SIRF slow sneaky climb
[10:06] {Threei} feels like slow recovery starts
[10:06] {Threei} but it's not likely to be a day trade
[10:08] {Threei} NVLS at high while NQ make new lows
[10:08] {Threei} watching for setup to form
[10:08] {dino} bolt dies again
[10:10] {bruce} bolt snaps
[10:10] {dino} lol
[10:11] {dino} exbd
[10:11] {Threei} needs a nut
[10:11] {dino} waiting sm .99
[10:11] {bruce} eric wandering up vad - looks like it still has room - would need to pullback though
[10:11] {bruce} lots of those here vad
[10:11] {Threei} no doubt
[10:11] {bruce} magnut
[10:12] {Threei} NVLS .10 break looked highly suspicious, hesitated to call it... but so far thing just climbs, oblivious to market
[10:13] {Threei} ERIC is looking the same, bruce...
[10:13] {Threei} just climbs slowly
[10:14] {dino} feed
[10:15] {bruce} exbd up another buck dino - strong today
[10:16] {dino} exbd wanted .22, missed
[10:18] {dino} pbt approach lod
[10:18] {Threei} I give up on NVLS
[10:18] {Threei} it will never stop
[10:18] {Threei} as far as stock market exists NVLS will climb with no pullbacks
[10:19] {Threei} that was not very nice, KLAC
[10:19] {dino} trow
[10:19] {markweb} are u in?
[10:19] {Threei} who and in what?
[10:19] {markweb} in NVLS, Vad?
[10:19] {Threei} no
[10:19] {markweb} k
[10:20] {esemde} Long FITB .60
[10:20] {esemde} 1/2 lot
[10:21] {bruce} jaso may be ready to reverse dino
[10:21] {Threei} AMZN
[10:22] {Threei} 78 break long
[10:22] {Threei} if holding above 77.80
[10:22] {esemde} stop .44 FITB
[10:24] {Threei} RIMM .61 long, .44 stop
[10:24] {magoo} in
[10:25] {magoo} amzn aggr entry .80
[10:26] {esemde} Stopped FITB (*&^%%$&^%!!!! .44 -.16
[10:26] {magoo} stopped, was small
[10:26] {magoo} but dam
[10:26] {magoo} looked good
[10:27] {esemde} sure did
[10:27] {Threei} RIMM over 1:1
[10:27] {magoo} other in isRIMM.59
[10:27] {magoo} small
[10:27] {Threei} half out RIMM
[10:27] {Threei} +.35
[10:28] {Threei} break that 121 now, will ya
[10:28] {Threei} stop .55 for the balance... scalpers are happily out
[10:30] {dino} jaso l .50 bruce
[10:30] {magoo} wqhat to do.what to do
[10:30] {dino} pbt l .81 , stop lod
[10:33] {Onix} FDRY loking good?
[10:33] {magoo} this mkt blows..will we ever see strength and follow tyhu again?
[10:33] {magoo} in my lifetime
[10:34] {dino} nno
[10:34] {Threei} 12.11 probably worth a try onix
[10:34] {Onix} tx
[10:34] {Onix} ty
[10:35] {Threei} scalpers win on RIMM
[10:35] {bruce} never mags
[10:35] {bruce} never ever
[10:35] {bruce} ever
[10:35] {bruce} ever
[10:35] {bruce} never
[10:35] {magoo} i know..getting discouraged..its such a battle
[10:36] {dino} magoo, sometimes ya gotta say f# it
[10:36] {bruce} definitely tough trading of late
[10:36] {dino} in the end nothing matters
[10:37] {Chaeron} GM all
[10:37] {Threei} chaeron :)
[10:40] {dino} spwr ouch
[10:40] {esemde} OK......UAUA this pattern was working for me for 2 weeks...dare I try it again
[10:41] {esemde} looks just like FITB......hmmmmm\
[10:41] {esemde} 15min chart looks reallly god
[10:41] {esemde} that would be good
[10:41] {dino} out jaso .80, +.30, ty bruce
[10:42] {dino} too soon
[10:44] {esemde} bstop UAUA .61 1/2 lot
[10:45] {bruce} nice one dino
[10:46] {bruce} bhi reversal candidatge dino
[10:47] {dino} i gotta get bruce a desk
[10:47] {dino} watch oih w/bhi, dwsn, solars, etc, imo
[10:47] {bruce} k
[10:49] {dino} pbt stop to .21
[10:50] {dino} commodties cracked
[10:50] {Threei} I don't mind at all
[10:51] {dino} stopped pbt .20, +.39, ty vad
[10:51] {Threei} as far as I am concerned, oil can go to 40 and gold to 300, nothing from me but applause
[10:51] {Threei} good job dino
[10:51] {Onix} totally agree!
[10:52] {dino} me too
[10:52] {esemde} Vad ...how do you redo the intelliscan acct....just noticed the yellow print....my expires in 9 days.....WOW...I've been with you all for just about a year now
[10:53] {Threei} just e-mail me your login, I'll take care of it
[10:53] {esemde} think about it....i've probably been spending more time with dino than my wife!!!
[10:53] {Threei} uh oh
[10:53] {Chaeron} oooooooooo k.......
[10:53] {esemde} what a bizzare thought....
[10:54] {esemde} CHHHHHH BABBBBBBBYYYYYYY!!!!!
[10:54] {Threei} GLBL
[10:54] {Threei} SUBSIDIARIES WINS PROJECTS TOTALING OVER $110M IN ASIA PACIFIC/INDIA
- Wins $72.5M project as part of the Mumbai High South Re-development (Phase II) project for India's Oil and Natural Gas Corporation Ltd. (ONGC) and consists of the installation of rigid pipelines and cables, off the west coast of India.
[10:54] {Chaeron} heheheh... hiya ese
[10:55] {dino} darn pbt takes my stop and runs
[10:56] {dino} ese, that startles me. lol. you hitting my trades ?
[10:56] {esemde} was watching but not hittin...
[10:56] {dino} ok
[10:57] {esemde} UAUA making a move back up bstop still in at .61
[10:59] {Threei} GLBL actually climbs on news
[10:59] {dino} oih goes {-5 look at your oils/services/solars imo
[10:59] {Threei} not frequently seen lately
[11:00] {Threei} .66 long RIMM if stays above .50
[11:02] {Chaeron} in .67
[11:02] {magoo} in rimm
[11:03] {Threei} over 1:1
[11:03] {magoo} easy button worthy vad.nice
[11:05] {dino} gj
[11:06] {magoo} markets powering up
[11:07] {magoo} out rim .32 TY vad
[11:07] {dino} mco l .20, stop lod
[11:07] {Threei} you out yet guys?
[11:07] {Threei} good one mags
[11:07] {Threei} chaeron?
[11:07] {hawkfan4} nice call dino, solars perking up
[11:08] {dino} ty hawk, put it on you every day screen
[11:08] {Chaeron} yes... sorry... out at .19 +0.52
[11:08] {Chaeron} many thanks
[11:08] {Threei} beautifu'
[11:08] {Threei} l
[11:08] {hawkfan4} thx vad, RIMM 4/5 out +.54
[11:08] {Threei} welcome
[11:09] {dino} bhi bruce, l .70, stop .39
[11:09] {bruce} l fmcn 37.11 stop 12c
[11:10] {esemde} LOng UAUA .61 stop .49
[11:10] {dino} classic calm chaos again today
[11:10] {dino} oih reversed hawk, ugh
[11:11] {Threei} wow GLBL
[11:11] {Threei} resally didn't expect this one to react like this
[11:11] {markweb} out Rimm +.70 small, Thanks Vad:)
[11:11] {Chaeron} neither did I ... on GLBL - didn't take
[11:12] {Threei} sheesh mark... you are really set to milk them all to the end, aren't you
[11:12] {dino} wtg mark
[11:12] {markweb} small:(
[11:13] {bruce} congrats mark
[11:13] {markweb} thanks
[11:13] {Threei} I am officially an idiot for not taking GLBL
[11:13] {dino} it all adds up. flat or up=good
[11:13] {esemde} signing off everyone...see ya tomorrow....still long UAUA with a top at .49
[11:14] {Threei} the only consolation is... by extension, I just politely insulted chaeron, and he can't even object
[11:14] {Threei} take care ese

[11:20] {dino} bhi nice bruce, thx again
[11:21] {Chaeron} dang RIMM
[11:21] {dptl} check check
[11:21] {Threei} I'll accept it dp
[11:21] {dino} in the mail
[11:21] {magoo} rimm animal..still in
[11:21] {Chaeron} you're the animal magoo :)
[11:21] {judijim} back in too but off the work, be here Friday am, take care everyone
[11:21] {Chaeron} bye jj
[11:21] {magoo} out here 122.07
[11:21] {magoo} + point
[11:22] {Chaeron} nice job
[11:22] {Threei} sheesh
[11:22] {magoo} TY vad
[11:22] {Threei} welcome
[11:22] {Threei} and...
[11:22] * Threei slaps magoo around a bit with a large trout
[11:22] * Chaeron slaps magoo around a bit with a large trout
[11:22] {magoo} AGAIN
[11:22] * Chaeron slaps magoo around a bit with a large trout
[11:22] {magoo} AGAIN
[11:22] {Chaeron} no
[11:22] {Threei} chaeron
[11:22] {Threei} stop it
[11:22] {Threei} he enjoys it too much
[11:22] {dino} man, are things fast today or what?
[11:22] {Chaeron} so do i.....
[11:22] {Threei} lol
[11:22] {GeoArb} i would take 2 trouts for a point
[11:23] {magoo} AAAAGGGGGGGGGGGAAAAAAAAAAAAAIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIINNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN
[11:23] {Chaeron} I loved that show
[11:25] {dino} out bhi .20, +.50 bruceeeeeee
[11:29] {Threei} FEED, mama mia
[11:29] {Threei} what a bounce
[11:29] {magoo} l AAPL 164
[11:29] {magoo} quick
[11:29] {magoo} sigh
[11:29] {magoo} i second
[11:30] {bruce} congrats dino
[11:32] {dino} ty bud, appreciate it, you make me $30/day
[11:32] {dino} 300
[11:32] {Chaeron} that's over $6000 a month
[11:32] {dino} as i told magoo, you are a capitulation spotting machine (imo thats your edge)
[11:33] {dino} yes chaer
[11:34] {bruce} thanx dino
[11:35] {dino} keep it up, i'll get us the entries
[11:36] {magoo} anyone take AAPL with me?
[11:37] {magoo} out here .70, + .70
[11:37] {Threei} wtg
[11:37] {Chaeron} huge magoo
[11:37] {dino} gj
[11:37] {markweb} no to fast for me:(
[11:37] {Chaeron} nice profits here again today
[11:38] {dino} indeed:)
[11:38] {magoo} [11:29] {magoo} l AAPL 164
[11:38] {magoo} [11:29] {magoo} quick
[11:38] {magoo} [11:29] {magoo} sigh
[11:38] {magoo} sigh was after i entered and posted..it was up .23
[11:38] {magoo} but it retraced
[11:38] {Chaeron} I saw it, wanted it, but it was too far gone
[11:39] {magoo} chaer, my boy won senior 50 class last week
[11:39] {magoo} big race weekend this week
[11:39] {Chaeron} huge!!! Loretta Lynn's coming up... going to race?
[11:39] {magoo} up broome tioga new york
[11:40] {magoo} races sat and sun at broome this weekend to prep kids for lorettas qualifier next week at Broome
[11:40] {magoo} we will be there
[11:41] {magoo} so yeah..in 2 weekls we try to qualify for lorettas
[11:41] {magoo} hes jumping hid 50 cc bike over 50 feet now
[11:41] {magoo} flying
[11:41] {Chaeron} dammmn
[11:41] {magoo} hid=his
[11:41] {Chaeron} how old?
[11:42] {magoo} table tops..doubles
[11:42] {magoo} rides/races 65cc class also
[11:42] {magoo} hes 8yr old
[11:43] {Chaeron} wow... another RC or Bubba :)
[11:43] {dino} bob hanna
[11:43] {Chaeron} oh man... my hero
[11:44] {dino} marty smith
[11:44] {dino} takes me basck to my unidilla days
[11:44] {Chaeron} raced there - '80
[11:44] {magoo} [11:43] {dino} bob hanna
[11:44] {dino} sweet
[11:45] {magoo} er, um , dino...its HANNAH
[11:45] {dino} hannah montanna?
[11:45] {Chaeron} oi
[11:46] {bruce} half out fmcn +.52
[11:46] {dino} nice one
[11:46] {markweb} gj
[11:56] {GeoArb} .
[11:58] {GeoArb} am i connected?
[11:58] {markweb} no
[11:59] {GeoArb} :)
[11:59] {Chaeron} where did geo go? :)
[11:59] {GeoArb} been having too many internet issues apart from chatroom
[11:59] {GeoArb} california is becoming a third world country
[12:00] {dino} .
[12:00] {Threei} WHITE HOUSE SPOKESMAN: US TO CONTINUE TO FILL SPR- Reminder earlier the Speaker of the House called for the suspension of deliveries to the SPR
[12:04] {Roman}
21 BRCM
[12:05] {Roman}
21 long
[12:05] {Roman}
21 27.25 small
[12:05] {bruce} out balance fmcn +81c
[12:06] {markweb} wow bruce!!!
[12:06] {bruce} thanx mark
[12:06] {bruce} lucky
[12:06] {Threei} not disgusting trade
[12:07] {bruce} thanxvadster
[12:07] {dino} niceeeeeeeeeeeeeeeee
[12:09] {bruce} a bit better than 6 to 1 on risk
[12:13] {Threei} starting thinking short RIMM
[12:13] {Threei} can't make new high with NQ
[12:14] {Threei} want bounce closer to .30
[12:16] {Threei} got .18
[12:16] {Threei} stop new high
[12:16] {Threei} need NQ setback to make it work
[12:18] {Threei} holding by fingertips
[12:19] {magoo} in with u
[12:19] {magoo} .25
[12:19] {Threei} come on RIMM, lose that 124
[12:19] {Threei} good boy
[12:19] {Chaeron} there you go
[12:23] {magoo} need a little mkt help
[12:23] * Threei hits market over the head with 2x4 endowed with rusty nails
[12:24] {dptl} nvda?
[12:24] {Threei} no read whatsoever on NVDA
[12:24] {dptl} ok
[12:26] {dino} "endowed"? i'm guessing because of the "dow"
[12:26] {Threei} ok... "ennasdaqed"
[12:26] {dino} lol
[12:27] {Threei} sheesh... don't tell me second half is going to be stopped RIMM
[12:27] {Threei} better
[12:28] {Threei} now die
[12:28] {Threei} ABK
[12:28] {Threei} CEO: WE HAVE NO LIQUIDITY ISSUES, EXPECTS TO EXCEED CAPITAL TARGETS BY END OF MAY- Says its subprime portfolio has done extremely well, CDOs have not done well; 10 deals are responsible for 80% of Ambac's problems
[12:29] {markweb} out BRCM +.15 thanks Roman:)
[12:30] {dino} penn
[12:30] {dino} gj
[12:31] {dino} c'mon 10 deals, roflol
[12:32] {Threei} dino... you are not implying they could possibly lie to us now, are you
[12:32] {dino} sounds like bear all over again
[12:33] {magoo} beauty on RIMM vad TY
[12:33] {Threei} 'cause if they do I lose my faith in humanity
[12:33] {Threei} welcome mags
[12:33] {Threei} easy to read trade but by no means easy to execute
[12:33] {dino} you know me vad, the eternal pesismist on market talk
[12:33] {Threei} continued to try and scare us out of the trade
[12:33] {Threei} I am totally opposite dino... blue-eyed optimist
[12:34] {Threei} CEOs never lie
[12:34] {Threei} Fed are the smartest guys on the planet
[12:34] {dino} meanwhile abk telling the upper management to sell all shares immediately
[12:34] {Threei} oh, and I also bought three bridges yesterday
[12:34] {dino} lower workers buy, buy buy (opps enron )
[12:34] {Threei} and sent a lot of money to nice people in Nigeria who promised me many millions
[12:36] {Threei} how can one refuse the request for money that starts with nicests words: "dearest ..."
[12:36] {dino} indeed
[12:36] {Threei} the very thought that someone could consider me "dearest" makes me open my wallet
[12:36] {GeoArb} i love the nigerian guys
[12:36] {Chaeron} uhhhhhhhhhhh
[12:36] {Chaeron} want to rethink your wording?
[12:36] {GeoArb} i send them a one liner... "send me a hundred cash and well talk"
[12:37] {GeoArb} they get defensive
[12:37] {Threei} who wouldn't geo... giving out multimillon deals for measly tens of thousands
[12:37] {GeoArb} so i keep sending oneliners doubling every time
[12:37] {GeoArb} by the 5th email they give up and call me a crook
[12:37] {GeoArb} i am bored at work
[12:37] {Threei} see? you offended nice people
[12:41] {dino} out mco .50, +.30
[12:42] {dino} all dayer
[12:43] {dino} geo, what do you do at work?
[12:44] {Threei} offending everyone who wants to give him millions I take it
[12:44] {dino} aside from getting bored
[12:44] {GeoArb} i manage distance univ for a research univ
[12:44] * Threei makes a point never to offer Geo anything above $999,999.99
[12:44] {GeoArb} problem is grad students are too smart and learn fast
[12:44] {GeoArb} lol
[12:44] {dino} lol
[12:44] {GeoArb} distance education
[12:45] {GeoArb} so after a while I am bored
[12:45] {dino} vad wants to get this room accredited
[12:45] {GeoArb} then they graduate and its rinse repeat
[12:45] {GeoArb} i wish
[12:45] {GeoArb} the only univs coming close in trading are the chicago ones
[12:45] {dino} i guess then i might get tenure
[12:46] {GeoArb} and they are quant
[12:46] {GeoArb} i am still an intern :) in trading
[12:46] {Threei} we all are eternal students of the market
[12:47] * Threei is getting deeply philosophical
[12:47] {dino} y
[12:47] {Raven}
3 oh please
[12:47] {dino} whenever i get too sure, bang!
[12:47] {Threei} lol
[12:47] {Threei} finally we got Raven to peek out of his cave
[12:48] {Raven}
3 hey ... I've been birding ... migration time
[12:48] {Raven}
3 fresh air
[12:48] {Raven}
3 Spring ... finally
[12:49] {dino} 80's here all week, back to 50's monday
[12:50] {Raven}
3 yes ... cool spell coming ... but not too bad
[12:50] {dino} better than 20's 2 weeks ago
[12:50] {Raven}
3 no kidding
[12:52] {Raven}
3 you Penn guys kept Billery in the race, dino
[12:53] {Chaeron} hiya Raven :)
[12:53] {Raven}
3 hey Ch :)
[12:53] {dino} not i, republican\
[12:54] {Raven}
3 it keeps her slinging mud dino
[12:54] {Raven}
3 entertaining
[12:54] {dino} y, let the two of them damage each other
[12:54] {GeoArb} so who wants a mccain/romney ticket?
[12:54] {GeoArb} sorry no politics
[12:55] {Raven}
3 \lol
[12:55] {Threei} I wanted Ron Paul
[12:55] {Chaeron} I want Reagan /Nixon... motto - "Tanned, rested and ready."
[12:55] {Raven}
3 rofl
[12:55] {dino} wanted rudy, i think he figured in 4 more years
[12:55] {dino} lol, i named my kids after regan
[12:55] {Threei} he called for Fed abolishment
[12:55] {Threei} enough for me to respect the man
[12:55] {dino} donald & megan
[12:56] {GeoArb} his library and plane is about 15 miles from my house
[12:56] {GeoArb} love the jelly bean portrait
[12:56] * Threei slaps Laserdave1 around a bit with a large trout
[12:56] {dino} cool
[12:56] {Chaeron} I'm close to Nixon's Geo :)
[12:56] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:56] {GeoArb} umm dunno where that is :(
[12:56] {Raven}
3 and I am close to Gerald Ford's
[12:56] * Laserdave1 slaps Laserdave1 around a bit with a large trout
[12:56] {Threei} and I am so far from everything...
[12:57] {Chaeron} move
[12:57] * Raven slaps Threei around a bit with a large trout
[12:59] {Threei} what was that for
[12:59] {Threei} as if it wasn't enough that I am sooo removed from all the famous libraries
[13:00] {Raven}
3 who gives a rat's ass about the libraries ... your climate makes up for that
[13:00] {Chaeron} move to Arkansas... be Bill's best bud and hang out on the porchof his library
[13:00] {Raven}
3 fly with Bill on his crook friends jet
[13:01] {Chaeron} hang with his hotties
[13:02] {dino} the clinton library misplaced all the books
[13:02] {Raven}
3 lol
[13:02] {dino} and sometimes a cigar is just a cigar
[13:02] {Raven}
3 define "book"
[13:03] {dino} genc, nice spread
[13:03] {Threei} MBI
[13:03] {Threei} CEO DISCLOSES PURCHASE OF 62K SHARES OF MBI - FILING
[13:03] {Threei} big spender, he is
[13:05] {dino} yeah, magoo spends more than that/trade
[13:05] {dino} new hod coming
[13:06] {dino} bingo dji
[13:07] {dino} strange, lots of stuff down big
[13:10] {Threei} tough read here guys
[13:10] {Threei} staying on a sideline
[13:10] {Threei} market is pregnant with sharp move, and sirection is anyone's guess
[13:10] {Threei} direction too
[13:14] {dino} gibberish huh?
[13:15] {Threei} what did you call me?
[13:15] {dino} lol
[13:16] {Threei} slapped by raven, called names by dino AND living in area removed from all the sources of knowledge
[13:16] {Threei} my life goes down the drain...
[13:16] {GeoArb} who said presedential libraries were knowledge?
[13:16] {GeoArb} google
[13:16] {patience} guess all you can do is sit on the dock, with butter and garlic and fresh crab
[13:17] {Threei} google doesn't help much when you can't read
[13:17] {GeoArb} i just like the jelly bean portrait
[13:17] {Threei} books on the other hand provide protection from prying eyes if you place them (books) strategically, so they cover your closed eyes
[13:18] {Threei} the only thing you need to take of is not to keep them upside down
[13:18] {Threei} that could be a clue
[13:34] {Threei} feels like RIMM short will be a play soon
[13:34] {Threei} need more confidence that NQ is done rallying
[13:34] {Threei} so far, 50/50
[13:34] {magoo} aapl too
[13:37] {Threei} OK... can we have a bounce now please,
[13:37] {Threei} with RIMM staying under 124.20
[13:38] {Threei} but coming close enough to it for a stop to be narrow enough
[13:41] {Threei} in
[13:42] {Threei} .31 stop
[13:42] {Threei} didn't take long eh
[13:44] {Threei} second try
[13:44] {Threei} got .27, stop .35
[13:47] {Threei} sheesh
[13:47] {Threei} sigh
[13:48] {Threei} back to sleep
[13:52] {dino} cap't cavm spike
[13:52] {Threei} US TREASURY SEC PAULSON: CAUTIOUSLY OPTIMISTIC ON GSE REFORM FOLLOWING MEETING WITH FNM, FRE AND LAWMAKERS
[13:55] {dino} shake 'n bake
[14:02] {Threei} US TREASURY SECRETARY PAULSON CITES PROGRESS IN CALMING FINANCIAL MARKETS, FOCUS INCREASINGLY ON STIMULATING ECONOMY
[14:02] {Threei} - Likes part of Rep Frank's FHA bill, no veto threat from President Bush, supports idea of having FHA back troubled loans after write-down.
[14:02] {Threei} - US economy has slowed considerably, faces headwinds from high oil prices. Cites progress in calming markets, says focus will be increasingly on stimulating the economy.
[14:02] {Threei} - Aiming to minimize spillover from market turmoil into the economy, but it can't be avoided entirely.
[14:02] {Threei} - Risk is being repriced, astute investors are putting captial to work in distressed markets.
[14:03] {Threei} - Financial markets, not govenrments, best set benchmark values for illiquid securities.
[14:03] {Threei} - Won't forecast when the turmoil might end, some markets still not operating normally.
[14:03] {Threei} my personal read is:
[14:04] {Threei} We seem to be succeeding in postponing the crisis and making our kids or grandkids face it
[14:04] {Threei} and, since it's going to be their problem, we care not
[14:05] {dino} isn't that the governmental way?
[14:05] {hawkfan4} {==and no kids, so that goes double for me ;})
[14:06] {dino} promise the world, don't worry about paying for it
[14:06] {Threei} reminds me a wise hero of some Far East parables who agreed to teach a donkey to speak, accepting hefty amount from shah; money was supposed to sustain him for 20 years which was the term for a donky to demonstrate speaking skills
[14:07] {dino} i have to laugh, the $600 rebates hilary and obama are taking credit for, but at the same time they are going to raise all taxes
[14:07] {Threei} when asked how he was going to keep the promise he said, "come on, in 20 years one of three will be dead - me, shah or donkey"
[14:08] {Threei} JPM
[14:08] {Threei} TO SUSPEND TAKING FEDERAL STUDENT LOAN APPLICATIONS
[14:08] {Threei} why?
[14:08] {dino} so, we give the average guy $600 next month, but next year he pays $4k more in taxes
[14:09] {Threei} isn't credit crunch defeated?
[14:09] {Threei} or JPM made not enough on BSC deal?
[14:09] {dino} wants another deal perhaps
[14:10] {dino} needs funds for it
[14:12] {markweb} BRCM nice, Roman
[14:13] {bruce} l bhi 80.48 stop 10c
[14:19] {bruce} out bhi +.23
[14:19] {markweb} gj bruce
[14:19] {bruce} thanx mark
[14:19] {Threei} fantastic job today guys
[14:20] {dino} gj
[14:23] {bruce} doggy duty break
[14:26] {Threei} RIMM 125 break - do we dare?
[14:26] {dino} out cme 484.735,
[14:26] {dino} +2.22
[14:28] {dino} anyone?
[14:29] {Threei} nah
[14:29] {Threei} after you made 5+ on it, 2+ is not impressive anymore
[14:30] {Threei} PBR saga continues
[14:31] {dino} yeah, did not cooperate as well today.
[14:31] {dino} now it goes
[14:34] {Threei} going to try it
[14:35] {Threei} this market won't quit until no live bear left anywhere in the woods or polar ice
[14:38] {magoo} had too say it it disdn't u
[14:40] {Threei} MPP: trade is stopped when the original reason for entry is no longer valid
[14:40] {Threei} oops
[14:40] {Threei} wrong window
[14:40] {GeoArb} tell tell
[14:46] {Threei} back in with stop under .50
[14:46] {Threei} half out
[14:47] {Threei} come on NQ, break
[14:47] {Threei} and take this lazy thing with you
[14:49] {Threei} DOW just louasy 75 points till 13000 party
[14:50] {dino} cavm s break of .00
[14:50] {dino} bruce?
[14:51] {dino} not here
[14:52] {dino} s .00
[14:52] {dino} stop is hod
[15:04] {magoo} i got an apptmt..gotta go soon..TY all
[15:05] {Chaeron} bye mags!
[15:05] {Threei} take care mags
[15:19] {dino} yawnnnnnnnnnnnnnnnnnnnnnnnnnn
[15:19] {dino} hectic morning, but now 1 trade in afternoon
[15:19] {Threei} pretty much
[15:19] {Threei} market needs a breather after such climb
[15:20] {dino} 8 trades, 7 in a.m.
[15:20] {dino} 6 of 7 a.m., looks like 0 for 1 p.m.
[15:21] {dino} whatever happens, hard stop is .33, and i'm done
[15:21] {hawkfan4} BIDU after the bell
[15:21] {dino} lol, not touching it
[15:22] {dino} magoo's bailing, beautiful day for a beer, not going to happen
[15:22] {Threei} MSFT too I think?
[15:22] {dino} y
[15:22] {hawkfan4} lol, me either, and beer does sound good
[15:23] {dino} i'll have to see if my wife can be corrupted
[15:23] {Threei} yeah... JNPR, KLAC, MSFT
[15:24] {dino} it will be chaos afterhours w/all of them
[15:24] {dino} adbe should play off msft
[15:36] {dino} woof
[15:37] {Threei} hmm?
[15:38] {Threei} there is no MEOW... but there is BARK, although looks strange
[15:39] {hawkfan4} don't forget MOO
[15:39] {Threei} yup
[15:40] {dino} my dog can talk, what's on that tree "bark", wheres my golf shot, "rough", whats on the house, "roof"
[15:40] {hawkfan4} lol
[15:40] {dino} i need to go home
[15:41] {Threei} I am right there with you dino
[15:41] {Threei} tree good, fire bad
[15:41] {dino} someday vad, we shall drink together
[15:42] {dino} cavm stopped -.33.
[15:42] {dino} thats it for trades, good day. thx for some good ideas
[15:42] {Threei} working on that bahamas seminar
[15:43] {dino} good
[15:43] {dino} sheesh, markets drop and cavm pops
[15:44] {dino} ipcc
[15:52] {dino} ok goning to go, take care all
[15:53] {Threei} will stay for a while to watch major earnings
[15:53] {hawkfan4} cya dino
[15:53] {Threei} other than that, have a good evening, see you all tomorrow
[15:53] {dino} :)
[16:01] {dptl} have a good evening all :)
[16:05] {Threei} RMBS REPORTS Q1 -$0.12 V $0.03E, R $39.7 V $40.2ME
[16:06] {Threei} KLAC REPORTS Q3 $ 0.61 V $0.63E, R $ V $586ME
[16:07] {Threei} JNPR REPORTS Q1 $0.27 V $0.25E, R $822.9M V $815.6ME