May 27 2008

Session Time: Tue May 27 00:00:00 2008


[08:24] {Threei} 05/23/08 04:52pm [VVUS] Files $150M common stock offering - Filing
[08:25] {Threei} here goes rally killer for little VVUS
[08:40] {magoo} morning
[08:40] {magoo} had to use alternate to enter room today vad fyi
[08:41] {Threei} good morning
[08:42] {Threei} can you reach http://www.realitytrader.com/ ?
[08:42] {peterg} GM--let's see....
[08:43] {Threei} peter :)
[08:43] {Threei} AVNR
[08:43] {Threei} REPORTS POSITIVE OUTCOME FROM ZENVIA PK STUDY- The study achieved its goal of identifying a new Zenvia dosing regimen that provides a similar pharmacokinetic profile of the dextromethorphan component, an improved adverse event profile and a lower overall exposure to quinidine compared to the previously studied doses. AVANIR believes that these study results can be used to enhance its worldwide intellectual property protection and intends to release detailed data, including PK parameters
[08:44] {magoo} yes i can vad
[08:44] {Threei} OK... I seem to be the only one who can't {G}
[08:45] {magoo} usually im the only one
[08:45] {Threei} how did the race go mags?
[08:47] {Threei} •In energy news, according to the U. S. Department of Transportation, the number of miles traveled on U.S. roads fell by 4.3% in March from a year earlier, sharpest yearly drop on record and the first decline in the month of March since 1979, when the last major oil shock hit drivers.
[08:49] {magoo} josh is one of top 58 riders in north east region, but we did not make the final cut of top 7 out of 58 to lorretta lynns, but good experience and home safe..thank u for asking
[08:50] {Threei} :)
[08:52] {magoo} how was market action thurs & friday?
[08:52] {magoo} up? down/
[08:52] {Threei} quiet but profitable
[08:53] {Threei} narrow, a bit down
[08:57] {Threei} new blog post at http://www.realitytrader.com/blog/2008/05/there-are-things-in-trading-that-run.html
[08:58] {Threei} FED'S KROSZNER: MAJORITY OF THE US HOUSING MARKET WILL STABILIZE BY THE END OF THE YEAR
[08:58] {Threei} I can't wait
[08:59] {Threei} if not for ecionomy sake, then simply to stop being harassed by this barrage of housing news
[09:00] {Threei} MAR S&P CASE-SHILLER COMPOSITE-20 Y/Y: -14.4% V -14.2%E; HOME PRICE INDEX: 172.2 V 175.9 PRIOR
[09:04] {Threei} let's keep half eye on AVNR
[09:04] {Threei} small biotechs did well lately
[09:04] {Threei} 1.40 is important resistance for it to break
[09:05] {tomg} good morning
[09:05] {Threei} if consolidates closer to it, forms tight range with nice small stop size, will be worth a try
[09:05] {Threei} tom :)
[09:05] {tomg} had to use alternate server today, vad
[09:05] {Threei} VVUS is shortable, let's keep it on radar as well
[09:05] {Threei} yes tom, me too
[09:06] {tomg} can connect to realitytrader.com but new blog doesn't show up
[09:06] {Threei} right
[09:06] {tomg} just march 16 blog
[09:06] {Threei} propagation is wierd thing
[09:06] {Threei} try to eliminate www. from address bar
[09:06] {Threei} see if it works as http://realitytrader.com/blog/2008/05/there-are-things-in-trading-that-run.html
[09:08] {Threei} any luck?
[09:09] {tomg} didn't work, vad
[09:09] {Threei} OK... then have to wait until propagation reaches Google blogger
[09:09] {dino} gm all
[09:09] {tomg} seems there is no /05 directory
[09:10] {tomg} just /02 and /03
[09:10] {tomg} in /blog/2008 that is
[09:10] {Threei} dino :)
[09:10] {Threei} yes, it's just hasn't gottten indexed yet after website moved to a new server
[09:15] {dptl} good morning all
[09:15] {Threei} dp :)
[09:15] {Threei} as one tech guy explained to me, propagation of new IP through the internet is like propagation of vodka through your body - doesn't happen at once
[09:22] {dptl} Vad dcc pls
[09:24] {esemde} morning...anyone esle have problemsw logging on this morning
[09:24] {Threei} hi ese
[09:25] {Threei} gotta use alternative server
[09:25] {esemde} hi Vad
[09:25] {esemde} whats the alternative server?
[09:25] {Threei} if you are in, you used it :)
[09:26] {esemde} ah ha??
[09:31] {Threei} QTWW
[09:31] {Threei} QUANTUM AND ASOLA AWARDED $17 M SOLAR MODULE SUPPLY CONTRACT BY A LEADING GERMAN SOLAR SYSTEM SUPPLIER
[09:36] {Threei} CNSL half lot long .55 break
[09:36] {Threei} stop under .35
[09:37] {Threei} AVNR trying to consolidate for break
[09:40] {Threei} RIMM is interestingly weak
[09:40] {Threei} eyeing it for short on bounce
[09:41] {Threei} ugh... not even bouncing
[09:42] {GeoArb} hah i am in
[09:42] {GeoArb} gm
[09:42] {Threei} geo :)
[09:43] {magoo} news RIMM vad?
[09:43] {Threei} AAPL long as close to 183 as possible
[09:43] {Threei} no
[09:43] {esemde} watching LRCX for bstop .76
[09:46] {esemde} long .79...lousy fill
[09:47] {magoo} i caught AAPL .46 vad
[09:47] {Threei} partialed?
[09:48] {magoo} waiting over 184
[09:48] {Threei} it feels higher
[09:48] {Threei} market helps too
[09:49] {esemde} OUT LRCX .05
[09:50] {Threei} nice scalp
[09:50] {esemde} +.26
[09:50] {esemde} tks
[09:50] {esemde} full lot.....good way to start the week
[09:52] {dino} gj
[09:52] {esemde} tks
[09:53] {dino} nue sm l .75
[09:54] {Threei} CNSL no worky
[09:58] {Threei} ALTR .87 long if stays above .70
[09:58] {GeoArb} we are playing into the econo release?
[09:59] {Threei} I doubt it will trigger before the numbers
[09:59] {GeoArb} k
[09:59] {Threei} but if they are any good, trigger will be tagged
[09:59] {Threei} 1 min left
[10:00] {Threei} MAY CONSUMER CONFIDENCE: 57.2 V 60.0E
[10:00] {Threei} *APRIL NEW HOME SALES; 526K V 520KE
[10:01] {Threei} *MAY RICHMOND FED MANUFACTURING INDEX: -3 V 1E
[10:01] {Threei} mix of good and bad, but home sales seem to take priority
[10:02] {Threei} FCEL
[10:02] {esemde} LRCX... real daytrading stock this one....interesting to watch
[10:03] {Threei} .51 long
[10:03] {Threei} stop under .35
[10:04] {esemde} I like the look of the daily chart Vad FCEL....
[10:05] {Threei} ALRT stop to .75
[10:05] {Threei} ALTR
[10:05] {esemde} long 1/2 fcel as well
[10:05] {Threei} yes, feels capable of more than scalp
[10:05] {esemde} at .50
[10:05] {esemde} definately
[10:06] {esemde} sorry can't remember...was there news on it...FCEL that is
[10:07] {Threei} nope
[10:07] {dino} de l sm .99
[10:08] {Threei} QTWW got second life or what
[10:08] {Threei} tough one, not sure
[10:08] {Threei} mags, you still in AAPL?
[10:08] {magoo} second round yes
[10:08] {magoo} waiting .57
[10:09] {magoo} uu no like?
[10:09] {Threei} just prefer to partial
[10:09] {Threei} gotta protect profit on volatile ones
[10:09] {Threei} market looks like slow climb is in order
[10:09] {Threei} so I likey
[10:10] {Threei} but I likey safety as well
[10:12] {Threei} ALTR stop to .79
[10:16] {Threei} come on ALTR, break that high finally
[10:18] {Threei} good boy
[10:18] {Threei} FCEL anemic
[10:18] {magoo} where your exit?in it
[10:18] {Threei} half out on 23 break
[10:18] {Threei} which hopefully leads to a spike
[10:21] {dino} nue stopped -.48
[10:21] {magoo} me too
[10:23] {GeoArb} fcel out
[10:23] {Threei} yup, activity died on it
[10:24] {dptl} stopped fcel
[10:28] {esemde} I should be out but i'm not....I like the daily chart on FCEL...i'm giving it some breathing room today...
[10:29] {dino} joyg sm l .41
[10:30] {fernp} gm
[10:30] {Threei} fernp :)
[10:30] {esemde} fern
[10:30] {fernp} ese
[10:32] {Threei} market can't make up its mind here
[10:39] {Chaeron} good morning all
[10:39] {magoo} femp..chaer : )
[10:39] {Threei} chaeron :)
[10:40] {esemde} CCCCHHHHH BABY!!!!!
[10:40] {Chaeron} :) save me anything to trade?
[10:41] {esemde} not qa lot
[10:41] {esemde} not a lot....
[10:45] {Threei} CSUN
[10:45] {Threei} short on .40 breakdown
[10:45] {dino} out de .39, +.40
[10:46] {esemde} nice bounce play dino
[10:48] {Threei} IEA CHIEF ECONOMIST: IT WOULD BE 'VERY OPTIMISTIC' TO THINK OIL PRICES WILL FALL MUCH IN NEXT FEW YEARS
[10:49] {Threei} as far as I can see, all classic signs of bubble are in
[10:49] {dino} ty es
[10:49] {Threei} the only thing lacking to burst it is, there are still too many dissenting voices calling it a bubble
[10:49] {dino} tayd
[10:50] {Threei} when they give up and acknowledge oil will never stop...
[10:52] {dino} no, when my buddy starts to put in his own gas tank
[10:52] {Threei} I don't see anything fresh on TAYD
[10:53] {Threei} ARBA interesting
[10:54] {dino} niether do i, tayd
[10:55] {Threei} half out ALTR 23.02
[10:55] {Threei} scalpers take profit
[10:56] {Threei} oil under 130
[10:57] {Threei} what's with RNIN?
[10:58] {Threei} CSUN over .60, invalidated
[10:59] {dino} sina sm l .70
[11:13] {esemde} outta here for the day...see you all tomorrow...
[11:13] {Threei} take care ese
[11:13] {magoo} bye es
[11:13] {Chaeron} bye ese!!!
[11:13] {Chaeron} shoot... he's fast
[11:13] {Threei} wow ARBA
[11:15] {dino} out joyg .51 +.10
[11:19] {judijim} we're here, good morning all
[11:19] {Threei} hi jj
[11:19] {Threei} AAPL .21 long
[11:19] {Threei} if stays above 183
[11:23] {Threei} 1;1
[11:24] {GeoArb} chl
[11:29] {Threei} PEIX breaking Fri low
[11:30] {Threei} if .10 getting hit, want to short it with .26 stop
[11:34] {Threei} pretty much looks like market restored its natural relation with oil, doesn't it?
[11:34] {Threei} FCEL
[11:34] {Threei} HEARING SHARES INITIATED WITH A BUY RATING AT THINKPANMURE; PRICE TARGET $13
[11:37] {dino} oil down, market down
[11:37] {dino} ?
[11:37] {Threei} that was unnatural one
[11:37] {Threei} last days it gets back to moving in opposite directions
[11:37] {dino} dji is down, oil is down2 bucks
[11:38] {Threei} NASDAQ's up, and if you look at charts, they are pretty much matching in reverse
[11:44] {Threei} RACK half lot short .58
[11:45] {Threei} if stays below .75
[11:46] {Threei} 11:11am [RACK] Slides lower on chatter RACK lost business from Amazon.com
[11:46] {magoo} basically invalidated
[11:47] {Threei} yeah
[11:47] {Threei} even if doesn't break .75, looks questionable
[11:49] {Threei} don't know what to make of FCEL
[11:49] {Threei} chart and upgrade look nice,
[11:49] {Threei} energy sector weakness doesn't really play into this move
[11:54] {Threei} http://www.realitytrader.com/blog/2008/05/there-are-things-in-trading-that-run.html works OK now
[11:59] {Threei} PEIX is haunting me
[12:00] {Threei} had short idea from last week, and never found right entry
[12:00] {Threei} which of course is painfully obvious now in hindsight
[12:07] {Threei} PEIX if triggers has two resistance levels now,
[12:07] {Threei} .21 for scalpers and .26 for longer hold
[12:24] {Threei} does that link above work for everyone?
[12:24] {Threei} everyone who isn't asleep that is
[12:24] {magoo} not here
[12:25] {hawkfan4} yes indeed, worked for me
[12:25] {Threei} ty hawk
[12:25] {Threei} mags... tried just now?
[12:26] {Threei} what about http://www.realitytrader.com/blog?
[12:26] {magoo} ok..worked just now vad
[12:26] {Threei} :)
[12:38] {Threei} RIMM formed resistance at .50
[12:38] {Threei} if market picks up, break of it is long
[12:38] {Threei} desirable if holding above .30
[12:40] {Threei} so far so good
[12:40] {Threei} need NQ to take 1975
[12:41] {dino} joyg l .08, sm
[12:57] {magoo} mkts trying
[12:57] {Chaeron} was RIMM invalidated?
[12:57] {Threei} yes
[12:57] {Chaeron} *sigh*
[12:58] {Threei} went down to .10
[13:26] {Threei} quite fragmented move
[13:26] {Threei} I am trying to find leading sector, not very easy
[13:27] {Threei} techs seem to be leading the move, but a lot of usual suspects don't do much
[13:27] {Threei} BRCM looks like amoeba
[13:27] {Threei} NVDA like dead amoeba
[13:27] {Threei} QCOM is one of the strongest
[13:33] {magoo} INET quotes down
[13:37] {Threei} problem with charts too it seems
[13:37] {Threei} stopped updating
[13:39] {dino} joyg stop to .48
[13:39] {dino} out +.40
[13:42] {Threei} dino, take a look at USO and NQ
[13:43] {Threei} probably a new pattern to observe and exploit
[13:43] {Threei} well... return to old one rather, lol
[13:44] {Threei} US ENERGY SEC BODEMAN: FAVORS TAX CREDITS FOR RENEWABLE ENERGY THAT WOULD "COME TO AN END"
[13:44] {Threei} hmm?
[13:44] {Threei} I ned interpreteur
[13:45] {magoo} ive got a satuck inet sell ordere vad..u know any way to cancel it?
[13:45] {Chaeron} hmmm... renewable that comes to the end? or the tax credits that will come to an end... sheeesh...
[13:45] {Threei} says invalid exchange method
[13:45] {Threei} INET is offline
[13:45] {magoo} yes
[13:46] {Threei} that's what confuses me chaeron
[13:47] {magoo} if i sell it in arca..will it fill me short in inet?
[13:47] {Threei} we don't know orders status
[13:47] {Threei} no way to tell
[13:48] {Threei} if all orders got canceled when INET went offline, you are safe
[13:48] {Threei} if they are in and get filled while we have no reports, may find yourself short
[13:48] {Threei} if sell via ARCA meanwhile
[13:56] {dino} csiq
[13:56] {magoo} dam..missed RIMM with these data isues
[13:57] {Threei} I see no news CSIQ
[14:05] {Threei} QCOM
[14:05] {Threei} .80 long if market continues upward, and if stays above .70
[14:07] {dino} elon
[14:10] {Threei} go away PERT
[14:11] {Threei} jeez
[14:11] {Threei} oil drop again, new low
[14:13] {Threei} hopefully, we will see oil renamed to oyl soon enough
[14:14] {magoo} u placing orders thru arca here vad?
[14:14] {Threei} yes sir
[14:14] {magoo} in qcom .80
[14:14] {Threei} they say it's fixed but I like to be on a safe side
[14:15] {Threei} no reports on executions are in yet
[14:15] {magoo} well my order not canx yet?
[14:15] {Threei} nope
[14:15] {Threei} but message changed
[14:16] {magoo} what quote server u using?
[14:16] {Threei} 18
[14:18] {dptl} got to go....have a good evening all
[14:18] {Threei} take care dp
[14:19] {magoo} u 2 dp:)
[14:28] {dino} esni
[14:30] {dino} ensi
[14:30] {GeoArb} vad dcc
[14:35] {Threei} FED'S YELLEN: FED POLICY MAKERS FORECAST WEAK ECONOMIC GROWTH, WEAK GROWTH DATA ALONE NOT ENOUGH TO JUSTIFY RATE CUTS - COMMENTS TO REPORTS
- Notes that Fed must reverse rate cuts as economy improves, a 'significant' change to forecast needed for more cuts.
[14:36] {dino} cgrb
[14:43] {Threei} QCOM over 1:1
[14:46] {fernp} out QCOM +.15 and out QQQQ +.23 TY vad
[14:47] {dino} gj
[14:47] {Threei} welcome fern
[14:49] {magoo} u out qcom vcad?
[14:49] {Threei} yes
[14:49] {magoo} oops..ok
[14:50] {magoo} out .92TY
[14:54] {Threei} too early to ecide... but debating with myself holding PEIX short overnight
[14:55] {Threei} DAL, NWA, UAUA
[14:55] {Threei} all are trying to raise their heads as oil drops
[15:00] {Threei} 128.50 oil
[15:00] {Threei} nice to see
[15:01] {Threei} but honestly, I don'ty think we've seen a final top yet
[15:01] {magoo} vad dcc
[15:02] {dino} sm s ensi .74
[15:21] {dino} ensi bstop to .24
[15:28] {dino} cov ensi .25, +.49
[15:29] {Threei} tom, you here?
[15:36] {Threei} ok, NQ is climbing, but what is going up with it, aside of AAPL/RIMM?
[15:36] {cosmo} smoke?
[15:37] {Threei} I don't see much stocks to utilize, QID seems to be almost sole option to play it
[15:39] {Threei} geo, dcc
[15:46] {magoo} new message vad
[15:47] {Threei} yes
[15:47] {magoo} i gonna hbave to cut it...???
[15:50] {Threei} see dcc mags?
[15:51] {dino} gotta hop all, baseball game, thx for ideas.
[15:51] {Threei} take care dino
[15:59] {Threei} magoo takes prise as a luckiest son of a gun today
[15:59] {Threei} INET outage made him too much money, lol
[15:59] {Threei} tom has all the reasons to be happy about it too
[16:00] {fernp} good evening all. see you tomorrow
[16:00] {Threei} and even I got couple hundreds unplanned thanks to it
[16:00] {Threei} wierd, usually this kind of things works against traders
[16:00] {magoo} 3 points
[16:00] {Threei} take care fern
[16:00] * Threei slaps magoo around a bit with a large trout
[16:00] {magoo} absolutely..thought against me for sure
[16:01] {Threei} oh well... nice to get some break once in a while :)
[16:01] {Threei} and ese is going to be happy to see his FCEL up
[16:01] {magoo} yeah...will still be holding breathe into tomorrow
[16:02] {Threei} OK guys, thank you all
[16:02] {Threei} have a good evening
[16:02] {Threei} see you tomorrow
[16:02] {magoo} u too boss
[16:02] {magoo} thanx again
[16:02] {Threei} welcome
[16:03] {Threei} too muc tension for short week, eh? :)
[16:03] {magoo} yeah..but profit takes sting out

May 23 2008

Session Time: Fri May 23 00:00:00 2008

[08:01] {Threei} IVAN
[08:01] {Threei} RAYMOND JAMES INITIATES IVAN WITH OUTPERFORM- Price Target C$3
[08:56] {fernp} gm
[08:57] {Threei} good morning
[08:59] {Threei} dp, look dcc please
[08:59] {hawkfan4} morning Vad, all
[09:00] {Threei} hawk :)
[09:02] {Threei} SOLF beating continues
[09:03] {cosmo} VRGY beats est. sees better times ahead...fwiw
[09:15] {dino} gm all
[09:15] {Threei} cosmo, dino :)
[09:16] {cosmo} :)
[09:19] {dptl} is that a long weekend?
[09:19] {esemde} good morning
[09:19] {Threei} yes sir
[09:19] {Threei} ese :)
[09:20] {dptl} ty
[09:31] {dino} hurc
[09:33] {Threei} CSUN dropped right out of the gate... wanted to find short entry
[09:33] {Threei} maybe posts bounce
[09:34] {esemde} long ESLR 1/2 .25
[09:35] {Threei} .49 short CSUN if holding under .60
[09:35] {Threei} want to keep all stops and triggers tight
[09:35] {esemde} .45 may have been better on 1 min chart but this is an agressive entry
[09:36] {Threei} friday before long weekend, you know
[09:36] {Threei} I would play it the ame way ese, ESL is a pullback stock, not breakout one
[09:36] {Threei} ESLR I mean
[09:37] {esemde} tks
[09:37] {Threei} VVUS again
[09:37] {Roman} 21 long PTEN
[09:38] {Roman} 21 32.35 small
[09:39] {dptl} .
[09:40] {Threei} sharp downtick NQ
[09:40] {esemde} CSUN is in Swing pullback territory....10.00 area...might consider a couple of lots here
[09:43] {Threei} CPHD small shares long .86 if holding above .60
[09:43] {Threei} 2 days high break
[09:46] {esemde} out ESLR .52 +.27
[09:46] {Threei} wtg
[09:46] {Threei} advantage of aggressive entry
[09:46] {esemde} thank you
[09:46] {Threei} should you have bought .45, wouldn't be so rosey
[09:47] {Threei} after tagging it first time it dropped to .30 faster than you can say mama
[09:47] {esemde} true.....thought i would it....
[09:47] {esemde} not sure how to judge aggressive entry well just yet....any tips
[09:47] {Threei} then you would have suffered through slow return to your trigger and agonize over decision to get out with little profit not really rewarding for the risk
[09:48] {esemde} what type of stock suits this type of entry Vad
[09:48] {Threei} well... get it as close to support as possible on sign of strength,
[09:48] {Threei} keep tight stop under support,
[09:48] {esemde} gottcha
[09:49] {Threei} use spike into regular trigger to partial out or take scalp unless it triggers and slices through fast
[09:49] {Threei} in which case you have double profits
[09:49] {Threei} and be ready to take more stops than usual
[09:49] {esemde} yes...
[09:49] {Threei} because your odds are lower
[09:50] {Threei} but those stops will be tighter
[09:50] {esemde} whoaaa hard pullback on ESLR
[09:50] {peterg} hi
[09:50] {esemde} peter
[09:50] {Threei} yup, .45 entry wouldn't have rewarded you with much
[09:50] {Threei} peter :)
[09:53] {Threei} VVUS
[09:53] {Threei} .36 long
[09:53] {Threei} .24 stop
[09:54] {Threei} want to partial out under .50 at 1:1 and keep half for .50 break
[09:55] {Threei} which would pu VVUS in serious runner category
[09:55] {dino} about 4.5% dji drop from highs this week. buy the dips soon imo
[09:56] {esemde} sensing a summer rally dino?
[09:56] {dino} no
[09:56] {esemde} do you play the indexes much....or at all
[09:57] {dino} not much, use them for stock moves. i trade, not thinking long term, feel we are back to earlier in year, buy dips sell rips mode
[09:58] {Threei} half out VVUC
[09:58] {Threei} VVUS
[09:58] {esemde} ahhhh....sounds good to me
[09:59] {Threei} stop to .29 for the balance
[10:00] {Threei} so far works acording to the plan
[10:00] {Threei} APR EXISTING HOME SALES: 4.89M V 4.85ME
[10:02] {Threei} come on VVUS, hold
[10:02] {Threei} market spikes, follow it will ya
[10:05] {fernp} I sold the whole lot in .48 good call vad. TY
[10:05] {Threei} welcome fernp
[10:05] {Threei} nothing's wrong with that
[10:06] {tomg} holding vvus, small, ty vad
[10:06] {Threei} some scalp, some partial
[10:06] {tomg} out half .48
[10:06] {Threei} very much personal style dependent
[10:06] {tomg} 3/4 i mean
[10:06] {fernp} it's friday... You know...
[10:06] {Threei} yes
[10:07] {Threei} as that parrot from the old joke said to lady... "you know"
[10:08] {Threei} IMGN, presents on some conference soon, and beautiful daily
[10:08] {Threei} volume is disgusting
[10:08] {Threei} don't know what to make of it
[10:09] {Threei} 4.50 break is very tempting, but with 7K volume
[10:09] {Threei} and volume declining as it climbed into resistance
[10:09] {Threei} big offer at 4.50... if taken may improve things
[10:10] {Threei} well, haalf lot on .50 break with stop under .40
[10:10] {Threei} what kind of risk is that not to take the trade
[10:10] {Threei} need a bit more NQ strength to help VVUS take .50
[10:11] {tomg} tell parrot joke while waiting on imgn :)
[10:11] * Threei pokes both NQ and VVUS with sharp stick electrically charged
[10:11] {Roman} 21 long JASO
[10:11] {Roman} 21 full size
[10:11] {Roman} 21 22.92 area
[10:11] {Threei} just a sec tom
[10:12] {Threei} both are too close
[10:13] {Roman} 21 pten
[10:13] {Roman} 21 pos
[10:13] {Roman} 21 stopped
[10:14] {fernp} out S +.20 and out PFE +.08 .... I will never be rich
[10:14] {Threei} lol
[10:14] {dino} gj fernp
[10:14] {fernp} :)
[10:15] * Threei shows VVUS 2x4 endowed with rusty nails
[10:15] {fernp} MU looks fine
[10:16] * Threei dangles carrot in front of IMGN
[10:16] {Threei} what do I need to do to motivate them tomove, perform rain dance?
[10:17] {dino} v sm cme l .70 risky wide
[10:17] {Threei} IMGN ANNOUNCES PRESENTATIONS AT UPCOMING 2008 AMERICAN SOCIETY OF CLINICAL ONCOLOGY ANNUAL MEETING- Company to preesent on IMGN242 and Phase 1 studies of AVE1642 and Trastuzumab-DM1
[10:17] {esemde} vvus is interesting the ways it's butting up against .50
[10:17] {dino} sm de l .25
[10:18] {esemde} it should bust through there
[10:19] {esemde} what was the news on it vad?
[10:19] {tomg} well, i'm flat, have to leave, now maybe it'll go up...have a great weekend everyone
[10:19] {esemde} see ya tom
[10:19] {Threei} take care tom, have a great relaxing one
[10:19] {Threei} see you on Tuesday
[10:20] {tomg} you, Tuesday, absolutely :)
[10:20] {tomg} bye ese
[10:20] {Roman} 21 out JASO -.06
[10:20] {esemde} vvus making a move
[10:20] {dino} later tom
[10:20] {Threei} nothing today ese,
[10:20] {Threei} over last days, uopgrade, update on some study
[10:21] {esemde} hmmmmm then somebody knows something..
[10:21] {Threei} OK, market breaks
[10:22] {Threei} and drops
[10:22] {Threei} poor VVUS is confused
[10:22] {Threei} (me too)
[10:22] {esemde} my level 2 doesn't show alot of supply at .50 but stuff just keeps coming up
[10:22] {Threei} someone has reserve order
[10:23] {Threei} here is 10K offer
[10:23] {Threei} taken
[10:23] {Threei} in one swoop
[10:24] {Threei} run VVUS run
[10:24] {esemde} VOILA....vvus
[10:25] {Threei} nice sized buys
[10:26] {Threei} 1:2
[10:26] {esemde} nice one VAd.....
[10:26] {Threei} ty
[10:27] {Threei} 1/4 more out
[10:27] {Threei} .63
[10:27] {Threei} stop to .39, no lose teritory
[10:27] {Threei} btw, can I brag a little?
[10:28] {Chaeron} feel free... good morning all
[10:28] {Threei} look at the low on pullback... bottomed out at .30 with our stop trailed to .29 at the moment
[10:28] {Threei} can you say "high level of precision"?
[10:28] {Threei} hi chaeron
[10:29] {GeoArb} gm
[10:29] {esemde} CCCCHHHH BABY!!!!!!!!
[10:29] {Threei} Geo :(
[10:29] {esemde} geo
[10:30] {GeoArb} :( ???
[10:30] {Threei} second day in a row, you connect just as winning plays come to end
[10:30] {esemde} wrong buttons VAD
[10:30] {Chaeron} heya ese! Hi Geo... just got here myself... we missed VVUS
[10:30] {Threei} nope... I am just impolite :)
[10:30] {GeoArb} yeah :)
[10:30] {Chaeron} lol
[10:31] {Threei} IMGN, we have stand off between two big orders
[10:31] {GeoArb} got all my issues fixed... have guests over
[10:31] {Threei} I am assuming at the moment both are real
[10:31] {Chaeron} don't feel bad Geo... I normally get a :) from Vad, but he's cranky this morning...
[10:31] {Threei} bid just got filled for whole amount
[10:31] {Threei} me no cranky
[10:32] {Threei} me simply rude... but that's nothing new
[10:33] {Threei} my take on this collision on IMGN:
[10:33] {Threei} buyer that bid at .48 big and just got filled is real,
[10:33] {Threei} if offer at .50 gets taken, I feel comfortable taking it
[10:33] {Threei} stop .39
[10:43] {Threei} not sure if that's just a shakeout or game is over for today for VVUS, but heck
[10:43] {Threei} stop is stop
[10:49] {Threei} grr
[10:53] {judijim} good morning all
[10:53] {Threei} jj :)
[10:54] {Chaeron} hi jj
[11:10] {Threei} PEIX
[11:10] {Threei} ANNOUNCES $34.25M IN FINANCINGS, SELLING PREFERRED SERIES SHARES
[11:12] {Threei} ENER small shares long .76-.77
[11:12] {Threei} stop under .50
[11:13] {Threei} invalidated but remains bounce candidate
[11:13] {Threei} hopefully closer to 54
[11:23] {Threei} LEH half lot short .88
[11:23] {Threei} stop 36.06
[11:24] {Threei} 1:1
[11:26] {Threei} 1:2
[11:26] {Threei} covered
[11:27] {Threei} if everyone's in the coma, tell me... I will go into it too
[11:38] {Threei} ESLR 11.04 short if stays under .15
[11:42] {Threei} 1;1
[11:43] {fernp} still in
[11:44] {Threei} i thought I was alone here... you all got hijacked into parallel universe
[11:44] {Threei} or I was
[11:45] {fernp} almost I have no pulse. but I am alive...
[11:45] {Threei} I just checked mine... no pulse at all
[11:46] {Chaeron} no heart... remember?
[11:46] {fernp} halft out
[11:46] {Threei} that must be it
[11:46] {Threei} on a positive side, I am not scared of wooden stakes
[11:46] {fernp} half
[11:47] {dino} scanner starting to show green
[11:51] {Threei} ESLR
[11:51] {Threei} HEARING CITIGROUP MAKING CAUTIOUS COMMENTS
[11:51] {esemde} ladies and gentlemen....as always it's been a slice.....we'll catch you on the flip side tuesday...
[11:51] {Threei} what's with CPSL?
[11:51] {Threei} take care ese, have a great weeekend
[11:51] {esemde} you too Vad
[11:55] {dino} take care es
[11:55] {fernp} ESLR forming a double bottom?
[11:56] {Threei} can't tell really
[11:56] {Threei} keep stop at 11/05
[11:56] {fernp} ok
[12:05] {Threei} FCC COULD ACT ON XM-SIRIUS MERGER BY END OF JUNE
[12:06] {fernp} sometimes I wish it to touch the stop and to leave me alone
[12:15] {Threei} OK... VVUS will never stop
[12:50] {Chaeron} VVUS just trying to show off now...
[12:50] {Threei} quite successfully
[12:59] {Threei} heh ESLR
[13:00] {Threei} MER
[13:00] {Threei} SUSPENDED TRADER IN DERIVATES VALUATION PROBE IN LONDON AFTER DETECTING OVERSTATED VALUATIONS
[13:00] {Threei} are we looking for scapegoaats?
[13:01] {Threei} I could provide couple
[13:01] {Threei} Ben comes to mind as a first candidate
[13:26] {Threei} told ya VVUS will never stop
[13:45] {Threei} low volume day
[13:45] {Threei} still... we have 3 for 3 so far?
[13:47] * Threei falls back into coma... what's the point in trying to converse with comatose bunch
[13:48] {dino} lol
[13:48] {dino} watching coyote ugly
[13:48] {Threei} I turned mirror away
[13:51] {Chaeron} mine broke
[13:52] {Threei} so, either dino's handsome one, or he doesn't mind
[13:52] {dptl} lol
[13:52] {dino} hmm
[14:00] {dino} sino drops finally
[14:16] {GeoArb} laserdave DCC pls
[14:16] {Chaeron} if you don't get him, trout him, Geo :)
[14:17] {GeoArb} i am too polite
[14:17] {GeoArb} could you?
[14:19] * Threei slaps laserdave1 around a bit with a large trout
[14:20] * Chaeron slaps laserdave1 around a bit with a large trout
[14:28] {Threei} OPEC AL BADRI: NOT WORRIED BY REPORTS OF FASTER THAN EXPECTED DEPLETION OF THE WORLD'S LARGEST OIL FIELDS
[14:28] {Threei} not worried because it's not so or because he is not going to live to see themfully depleted anyway?
[14:28] {Chaeron} uhhhhh yeah....
[14:40] {laserdave1} a midday slapping?
[14:40] {laserdave1} what was up with that?
[14:46] {dino} ralllllllyyyyyyy
[14:59] {dino} short lived
[15:03] {Threei} volume is so anemic, hard to tell whether it's just aa pullback or rally fizzled out not even noticing it ever occured
[15:03] {Threei} is it possible for a rally to occur qwithout realizing it?
[15:05] {dino} evep
[15:05] {Chaeron} usre... like boiling a frog
[15:05] {Chaeron} sure
[15:05] {Threei} OK... I never thought I could say it but here goes:
[15:06] {Threei} I miss magoo
[15:06] {dino} lol
[15:06] {Chaeron} roflol
[15:06] {Threei} :)
[15:06] {Chaeron} I thought the same thing earlier
[15:07] {Chaeron} yeah well magoo missed RIMM so... :P
[15:07] {Threei} little entertainment for those who isn't fully asleep
[15:07] {Threei} finishing bathroom reno,
[15:07] {dino} sino nice range
[15:07] {Threei} had to remember yesterday my skills as construction foreman
[15:08] {Threei} flooring guy comes in, surveys evcerything,
[15:08] {Threei} then starts explaining why he can't finish it today
[15:08] {Threei} "see, we need to cut off this, scrap the floor, let it dry for a day or two, only then we can put new one"
[15:09] {Threei} I said Listen, can you see my brain through my skull?
[15:09] {Threei} he: huh?
[15:09] {Threei} I: if you could, you would see it doesn't like being f**ed with
[15:09] {Threei} here is the deal: you do it all today and do it well, you get your tip
[15:09] {Threei} continue tell me why it can't be done, get out, your store will refund me for the work part, how flooring goes in is not your business.
[15:10] {Threei} guy:
[15:10] {Threei} my name is ..., I am very pleased to meet you sir, sorry for misunderstanding, everything will be ready in 1 hour
[15:10] {Threei} after he finished, he even put back baseboards
[15:10] {Threei} which I was assured they never do
[15:10] {Threei} end of story
[15:10] {dino} classic
[15:11] {Threei} been a serious while since I had this kind of conversations... "_
[15:12] {Threei} getting soft like baby food in this relaxed country... losing shape
[15:13] {Threei} stocks is the only think I kick with army boots and laserdave is the only one I slap with trout
[15:13] {Threei} a few more years, and you may see me wanting to talk about "feeeeliings"
[15:14] {dptl} lol
[15:16] {dino} oh noooooooo
[15:45] {Threei} CPSL.. hard to believe it wasn't done yet
[15:45] {Threei} I was sure it was over
[15:53] {Threei} ok guys... thank you all,
[15:53] {Threei} have a great relaxing long weekend
[15:53] {dino} same here. i'm toast
[15:53] {Threei} see you on Tuesday
[15:53] {dptl} have a good weekend everyone :)
[15:53] {dino} have a great weekend all
[15:53] {fernp} TY. have a happy weekend

May 22 2008

Session Time: Thu May 22 00:00:00 2008

[08:29] {Threei} OPEC CHIEF: US ANTITRUST LAWS MAY PUSH OIL HIGHER- Reminder 5/20 the US House passes a bill allowing an antitrust lawsuit against OPEC, with a vote of 345-72
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 365K V 373KE
[08:30] {Threei} CONTINUING CLAIMS: 3.073M V 3.065ME
- Prior Initial Jobless Claims revised from 371K to 374K
[08:30] {Threei} - Prior Continuing Claims revised from 3.060M to 3.073M
[08:32] {Threei} SPIR
[08:32] {Threei} TO PROVIDE TURNKEY SOLAR MODULE MANUFACTURING LINE TO BTCP IN RUSSIA
[08:42] {peterg} Morning early risers!
[08:42] {Threei} Good morning
[08:43] {Threei} ESLR
[08:43] {Threei} SIGNS NEW SALES CONTRACTS OF APPROXIMATELY $1B
[08:45] {Threei} -Evergreen Solar and German-based Ralos Vertriebs GmbH signed an agreement valued at approximately $750Mfor panel deliveries beginning in 2008 and extending through 2013.
[08:46] {Threei} approximately 750 M in the text body turn into approx 1B in the headline - don't you love this largesse?
[08:47] {Threei} (UK) REPORTS OF EXPLOSION IN RESTAURANT AT EXETER CITY CENTER - WIRE CITING BBC
[09:16] {Threei} ok ESLR, give us pullback
[09:16] {Threei} anyone grabbed piece of action?
[09:18] {dino} gm all
[09:18] {Threei} dino :)
[09:21] {Threei} sleepyheads
[09:22] {Threei} ESLR is a struggle this high but right on news arrival it was no-brainer
[09:24] {peterg} SoSSSSo you will short at market, put in stop above?
[09:25] {Threei} short?
[09:25] {Threei} why short?
[09:26] {peterg} posselPullback anticipation means down?
[09:26] {Threei} I wouldn't try to short such hot stock in early stages of news-caused movement
[09:26] {Threei} thinking of pullback of long entry opportunity
[09:26] {peterg} K.
[09:28] {peterg} So you'll watch and strike like the cobra when it feels good or right.
[09:29] {Threei} when it forms readable and safe enough setup
[09:29] {peterg} Better.
[09:30] {dino} bcsi
[09:32] {Threei} we have server problem or what
[09:35] {esemde} morning..
[09:35] {Threei} ese :)
[09:35] {esemde} a bit behind this morning....
[09:36] {Threei} ESLR half lot long on dive roughly to 11.30
[09:37] {dino} uthr down again
[09:39] {Roman} 21 vad, whats the setup on ESLR?
[09:39] {Threei} no clear one so far
[09:41] {Threei} range is too wide for break setup, drop is not deep enough for pullback entry
[09:41] {dino} otex
[09:43] {Threei} INTU
[09:43] {Threei} half lot .42
[09:44] {Threei} stop under .25
[09:48] {dino} mkt feels heavy
[09:49] {Threei} ESLR needs more pullback
[09:49] {Threei} closer to 11
[09:51] {dino} sina sm l .30
[09:53] {Threei} INTU stop to .34
[09:55] {Threei} 1:1 INTU
[09:55] {Threei} HOKU?
[09:56] {Roman} 21 was going to say same vad
[09:56] {Roman} 21 moving
[09:56] {Roman} 21 probably news coming
[09:56] {Roman} 21 or mention in a newsletter
[09:56] {Roman} 21 or a trap
[09:56] {Threei} lol
[09:57] {Roman} 21 i think i covered it all
[09:57] {Threei} HOKU is famous forthose
[09:57] {dino} sina stop to .80
[09:58] {dino} out sina .98, +.68
[09:58] {dino} too tight
[10:00] {esemde} bstop JNPR..27.94 1/2
[10:00] {esemde} long JNPR .94
[10:01] {Roman} 21 SNDK
[10:02] {Roman} 21 .
[10:03] {dino} mxc
[10:08] {Threei} OFHEO: IN Q108 US HOME PRICES FELL A RECORD 3.1% Y/Y
[10:08] {Threei} US ENERGY SEC: THERE IS NO "MAGIC BULLET" TO REDUCE GASOLINE PRICES
[10:09] {Threei} PBR
[10:09] {Threei} SAYS MORE OIL DISCOVERED AT TUPI FILED
[10:10] {dino} pabst blue ribbon in the oil business?
[10:10] {esemde} thats a beer isn't it?
[10:11] {Threei} it's a brasilian well if I remember correct
[10:11] {dino} yes es
[10:13] {Threei} US GENERAL PETRAUS: MORE US TROOP CUTS WILL BE RECOMMENDED BEFORE SEPT.
[10:14] {Threei} XIDE
[10:14] {Threei} half lot long .35
[10:14] {Threei} stop .15
[10:17] {Threei} OPEC SEC GEN: SEES NO NEED FOR OPEC TO REVIEW OUTPUT LEVELS TO HELP POOR NATIONS AS PROPOSED BY ECUADOR
[10:19] {dino} csiq
[10:19] {Threei} most of solars getting hit
[10:20] {Threei} look at CSUN
[10:20] {esemde} yup....on my screen for sure
[10:21] {dino} iclr drop, thin
[10:24] {esemde} XIDE still hangin in there Vad...
[10:24] {Threei} yup, climbing slowly
[10:24] {esemde} nice litle jump there
[10:24] {Threei} making new 52 week highs
[10:24] {Threei} oil dropping hard
[10:26] {Threei} stop to .19 XIDE, and to .25 if tages .50
[10:27] {Threei} stop to .25
[10:29] {Threei} ESLR tripped of something?
[10:29] {Threei} XIDE 1:1
[10:30] {esemde} JNPR finally
[10:31] {Threei} nice
[10:32] {Roman} 21 long QTWW
[10:32] {Roman} 21 slow all day bounce play
[10:32] {Roman} 21 1.97
[10:34] {esemde} out JNPR .21 +.27
[10:34] {Threei} wtg
[10:34] {esemde} i'll take it
[10:37] {tomg} ty xide, intu, vad
[10:37] {Threei} tom :)
[10:37] {Chaeron} gm all
[10:37] {tomg} see you tomorrow, take care all :)
[10:37] {Threei} chaeron :)
[10:38] {Chaeron} bye tom
[10:38] {Threei} take care tom
[10:38] {esemde} long JBHT .72
[10:41] {dino} mgs
[10:43] {dino} sm s ,68, risky
[10:45] {Roman} 21 bidding ESLR
[10:45] {Roman} 21 10.72
[10:47] {dino} solf
[10:48] {judijim} hello everyone
[10:48] {Threei} jj :)
[10:49] {dino} gm
[10:54] {Threei} SOLF deep dump
[10:56] {dino} indeed
[10:56] {dino} not so fun
[10:56] {Threei} and not so solar
[10:56] {dino} solarfun
[10:58] {dino} meli
[10:59] {Threei} IMF OFFICIAL: NO CHANGE YET TO WORLD ECONOMIC OUTLOOK DUE TO HIGH OIL PRICES
- Continued high prices could dampen growth.
[10:59] {Threei} - Notes that high prices seen due to supply/demand issues, supply response to high oil prices "sluggish.
[11:00] {Threei} NIGERIAN MILITARY SAYS GUNMAN ATTACK PIPELINE INTERCHANGE
[11:03] {dino} cov mgsd .94, +.74
[11:04] {dino} mgs
[11:06] {esemde} OUT....JBHT .00 + .28 have a great day all...gotta go
[11:06] {Threei} good job ese
[11:06] {esemde} see ya vad
[11:06] {Threei} on both JNPR and JBHT
[11:06] {Chaeron} bye ese gj
[11:09] {dino} later es
[11:15] {peterg} ?
[11:16] {Threei} ?
[11:17] {peterg} Thought disconnected--probably true :)
[11:20] {dino} me too
[11:31] {Threei} market activity died
[11:31] {Threei} which is not really surprizing considering turmoil of last days
[11:32] {Threei} market kind of scratches its head now thinking OK, what's next... how do I hurt as many as I can
[11:36] {dino} alxn
[11:36] {Threei} look as ESLR flatline
[11:36] {Threei} 10 cents range
[11:37] {Roman} 21 bidding SOLF
[11:38] {Roman} 21 21.01
[11:39] {Roman} 21 removed bid
[11:39] {Threei} scared?
[11:40] {Roman} 21 it's going much lower if it gets to 21.01
[11:40] {dino} yeah, to 18 area
[11:40] {Threei} come on... I started taking bets whether it works or not... :(
[11:40] {Threei} how about shorting CSUN 11 loss?
[11:41] {dino} beat, thin
[11:41] {Threei} available for shorting
[11:42] {Threei} half lot? if stays under .15?
[11:42] {Threei} please?
[11:43] {hawkfan4} i will Vad :)
[11:43] {Threei} thank you
[11:43] {hawkfan4} no problem
[11:43] {Threei} just can't get any agreement from Roman
[11:44] {Threei} in case you worried:
[11:44] {Threei} FOLLOW UP: NIGERIAN MILITARY REPELS ATTACK ON SHELL FACILITY, NO DAMAGE TO THE FACILITY- 2 gunmen killed
[11:53] {dino} cwei
[11:54] {Roman} 21 VVUS
[11:54] {Roman} 21 long off 6.25
[11:59] {dino} lol, i was watching it for short
[12:03] {Roman} 21 feel free
[12:04] {dino} not yet
[12:07] {Roman} 21 out 1/2 +.22
[12:07] {dino} good call rfr
[12:07] {Threei} wtg
[12:11] {Threei} CSUN 1:1
[12:20] {peterg} What do you mean by 1:1?
[12:20] {Threei} risk/reward ratio
[12:20] {Threei} scalping course has detailed explanation
[12:21] {Threei} briefly, idea is
[12:21] {Threei} with 15 cents initial stop you hit 1:1 at 15 cents profit
[12:21] {Threei} and levels 1:1, 1:2 etc are those where a stock most often stalls or bounces or reverses
[12:21] {Threei} so hard core scalper will take his profits there,
[12:22] {Threei} daytrader will partial out and trail stop
[12:22] {peterg} Tks, was reading only last night--mind like sieve.
[12:26] {dino} risky sm s pery .74
[12:31] {dino} too soon stopped -.32
[12:38] {dino} rinsed
[12:43] {Threei} can you believe VVUS used to trade in 80s?
[12:45] {dino} i can believe almost anything
[12:46] {peterg} VVUS vs WUS; now I can see...
[12:47] {GeoArb} gm... not trading today..(cable guy in)
[12:48] {Threei} Geo :(
[12:48] {Threei} missed 100% day (so far)
[12:49] {GeoArb} crap
[13:04] {dino} good day, buy slow overall
[13:05] {dino} irbt
[13:07] {dino} ndsn nonstop
[13:10] {Threei} yesterday's IPO SINO looked quite miserably... today it's a champion
[13:18] {dino} brb
[13:35] {Threei} SATC within striking distance of 2.50 52 week resistance
[13:35] {Threei} you played it Roman, right?
[13:38] {Roman} 21 yep
[13:39] {Threei} any insight?
[13:40] {Roman} 21 buy low and sell high
[13:40] {Threei} great
[13:40] {Threei} thank you o wise one
[13:40] {Roman} 21 anytime
[13:40] {Roman} 21 as you can see it got $3 in it
[13:41] {Threei} ESLR picks up some momentum
[13:50] {Threei} US, UK WARN IRAN OF NEW SANCTIONS
[13:50] {Threei} oh great
[13:50] {Threei} oil just showed first signs of weakness in days
[13:51] {Threei} it's like these guys are totally oblivious to the world
[13:51] {dino} sm l crzo .50
[14:01] {dino} crzop stopped .28, -.22
[14:16] {Threei} SATC is honestly trying
[14:16] {Threei} BCE halted in Toronto
[14:16] {Threei} still trading on NYSE
[14:19] {Threei} AAPL?
[14:21] {Threei} something's happening... no news anywhere
[14:24] {Threei} wow
[14:26] {dino} hmmm
[14:28] {dino} 172 going to hold?
[14:36] {Threei} AAPL
[14:36] {Threei} HEARING CHATTER THAT THE RECENT WEAKNESS BEING ATTRIBUTED TO CAUTIOUS ANALYST COMMENTS REGRADING IPHONE 3G LAUNCH- remember the T CFO said this morning that possible subsidies remain undecided
[14:36] {Threei} lordy
[14:37] {Threei} unnamed analyst cautiosuly looked at another one next desk
[14:37] {Threei} AAPL drops 5 points
[14:37] {dino} all i find is upgrade to 258
[14:38] {dino} fmcn spike
[14:39] {dino} jaso l sm .40
[14:43] {dino} sm l fwlt .00
[14:50] {fernp} hello. I am late. I've been working all day installing a ftp server
[14:51] {Threei} hi fernp
[14:51] {Threei} too bad, missed nice day
[14:51] {Threei} not very active but all trades are right on target
[14:52] {fernp} sometimes I have to work :)
[14:52] {Threei} I'll better get myself shot :)
[14:52] {Threei} I am too lazy
[14:53] {Threei} dino... what server is magoo installing today?
[14:53] {dino} he's away until tuesday, son is racing in pittsburgh
[14:53] {Threei} oh, I forgot
[14:53] {Threei} he told about that
[14:56] {Threei} nice dump olil for a change
[14:57] {Threei} still, do you have this sick feeling in your stomach that this is nothing more than a day or two breather?
[14:57] {dino} y
[14:57] {Threei} before resuming upward march
[15:03] {peterg} why sick feeling? Not liking upward march? Or not believing?
[15:03] {Threei} in oil? what's to like...
[15:03] {dino} eod rally in the making
[15:03] {Threei} just how long time economy and consumer can handle this cost of gasoline
[15:07] {Threei} we sold XIDE top
[15:07] {Threei} btw... very nice retreat, maybe worth looking for bounce
[15:08] {Threei} obviosu setup here is .80 break long if holding above .70
[15:08] {Threei} keep it half lot
[15:08] {Threei} if loses .70, will reevaluate
[15:23] {Threei} no sings of strength so far
[15:30] {Threei} TREASURY'S PAULSON: IN THE LONG TERM, THE US IS 'VERY COMPETITIVE'
[15:30] {Threei} as a DAY trader... I would prefer short term
[15:38] {dino} usna
[15:38] {Threei} USNA?
[15:38] {Threei} what's with these huge spikes with no news today
[15:38] {Threei} and all the way back, wow
[15:39] {dino} too fast for me
[15:40] {dino} gxdx stop to .65
[15:40] {Threei} XIDE did bounce nicely but I saw no entry
[15:43] {Threei} NDSN earning after close today
[15:43] {Threei} no more interesting ones
[15:43] {Threei} fairly quiet day
[15:44] {Threei} except that wierd AAPl selloff
[15:44] {dino} already released ndsn
[15:45] {dino} beat by .34
[15:45] {dino} gxdx to .84
[15:52] {Threei} ok guys, thank you all
[15:52] {Threei} have a good evening, see you tomorrow
[15:53] {dino} solf lod
[15:53] {dino} take care 3i
[15:53] {fernp} see you tomorrow. Good evening
[15:54] {dino} cya fern
[15:54] {peterg} ta
[15:55] {dino} out gxdx .89, +.64
[15:58] * Chaeron slaps laserdave1 around a bit with a large trout
[15:58] * Chaeron slaps laserdave1 around a bit with a large trout
[15:58] * Chaeron slaps laserdave1 around a bit with a large trout
[15:59] {dino} core drop
[15:59] {dino} out jaso -.10, out fwlt -.10
[16:00] {dino} calling it a day, slow but worth it. thx all

May 21 2008

Session Time: Wed May 21 00:00:00 2008

[08:03] {Threei} 06:35am [SOLF] Reports Q1 $0.32 v $0.16e, R $171M v $142Me
[08:24] {Threei} out last portion QTWW 2.39
[08:30] {esemde} morning
[08:30] {Threei} ese :)
[08:30] {esemde} Vad........you doing some trading already?
[08:32] {esemde} pre market?
[08:34] {Threei} sold overnight position
[08:34] {Threei} [15:42] {Threei} offering last portion at 2.17 and willing to hold if not resolving today
[08:34] {Threei} [15:45] {Threei} actually... cancel that
[08:34] {Threei} [15:46] {Threei} if it goes higher today, I want to sell it asomwhere above .20
[08:34] {Threei} [15:46] {Threei} and it has good chance to gap up tomorrow, 52 week highs on a small energy stock are likely to pop up on overnight scanners
[08:34] {Threei} [15:47] {Threei} either it's over .20 today or I am holding
[08:37] {esemde} quamtum fuel systems right?
[08:37] {esemde} it's .32 now
[08:38] {Threei} quantum technology
[08:38] {esemde} right..
[08:38] {esemde} alternative energy?
[08:38] {Threei} yeah
[08:39] {Threei} 2.86 entry yesterday
[08:39] {Threei} 1.86
[08:40] {esemde} nice....
[08:40] {esemde} couple of lots/
[08:40] {Threei} 5
[08:40] {Threei} you missed alert yesterday?
[08:41] {esemde} really nice!!!!!!
[08:41] {esemde} yes
[08:42] {Threei} [09:32] {Threei} 1.86 worth a try QTWW
[08:42] {Threei} [09:32] {Threei} nice break on daily
[08:42] {Threei} [09:32] {Threei} needs to hold 1.75
[08:43] {esemde} yep missed that ...was on the phone probably....
[08:43] {cosmo} ADLR
[08:44] {esemde} morning cos.dp...
[08:44] {cosmo} ese:)
[08:44] {Threei} cosmo :)
[08:44] {cosmo} 3i,2:)
[08:46] {cosmo} ADLR should hold 5.90 ... must hold 5.80
[08:48] {magoo} morning
[08:48] {esemde} mgaas
[08:48] {esemde} oppss mags
[08:48] {Threei} magoo :)
[08:49] {peterg} morng
[08:49] {esemde} sounds very spanish that miss spelling mgaas
[08:50] {esemde} peter...
[08:51] {Threei} peter :)
[08:51] {esemde} welcome aboard
[08:52] {magoo} :)
[08:53] {magoo} vad, u reading SOLF here?
[08:53] {esemde} i am.....
[08:53] {Threei} nope
[08:53] {esemde} up 3 bills.....thing of beauty
[08:54] {esemde} doubled in a week
[08:56] {esemde} anybody follwing Bio tech these days...am looking for info on RGEN Repligen maybe a possible buyout candidate
[08:57] {esemde} have a swing trade in on it at 5.22
[09:03] {magoo} vad, dcc
[09:06] {GeoArb} gm
[09:07] {Threei} Geo :)
[09:07] {Threei} OPEC SEC GENERAL: READY TO ACT TO ENSURE MARKET STABILITY, OIL PRICE UNRELATED TO FUNDAMENTALS
[09:07] {cosmo} it believe it
[09:08] {cosmo} i beliefe it
[09:09] {esemde} no kidding unreleated!!!!
[09:10] {Threei} wow, did I nail top tick on QTWW?
[09:13] {esemde} you may have...
[09:16] {fernp} gm
[09:16] {Threei} fernp :)
[09:16] {esemde} fern
[09:19] {fernp} ese :)
[09:19] {dino} gm all
[09:19] {Threei} dino :)
[09:26] {Threei} keeping an eye on QTWW for possible new setup
[09:29] {pita} gm
[09:29] {Threei} pita :)
[09:32] {Threei} PEIX 5.19 short if stays under 5.35
[09:32] {esemde} oh ya sure...NVDA
[09:33] {Roman} 21 BLDP long
[09:34] {Roman} 21 4.67
[09:35] {Threei} PEIX stop .31
[09:35] {Threei} OMNI long .40 break half lot
[09:37] {magoo} blast from the past omni
[09:37] {Roman} 21 SNDK long small
[09:38] {Roman} 21 28.78
[09:38] {esemde} new kid on the block HDSN
[09:38] {Roman} 21 28.87
[09:40] {Roman} 21 CSUN radar
[09:41] {Roman} 21 CTDC
[09:41] {Threei} OMNI invalidated
[09:43] {dino} penn
[09:43] {esemde} thinkin CSUN around .40 to .50 area
[09:48] {dino} out sina yesrterday p.m., +.90, +.55
[09:48] {esemde} nice one dino
[09:49] {esemde} csun hold strong .60 area
[09:49] {dino} lucky, hate holding, didn't move af
[09:50] * magoo slaps dino around a bit with a large trout
[09:51] {dino} regn
[09:52] {Roman} 21 out SNDK +.02
[09:53] {Roman} 21 long GLD
[09:53] {Roman} 21 90.98 with a stop at 90.75
[09:54] {esemde} CSUN brakedown..
[09:54] {Roman} 21 JASO short small
[09:55] {Roman} 21 24.22 short small
[09:55] {hawkfan4} like Jaso Roman, got .47 here
[09:56] {Roman} 21 u got it short?
[09:56] {hawkfan4} yes
[09:56] {hawkfan4} watching STP too
[09:56] {Roman} 21 SOLF pulling back hard so should take JASO with it
[09:57] {dino} cov ckx yesterday p.m., 17.25, +1.13
[09:58] * magoo slaps dino around a bit with a large trout
[09:58] {dino} he's mad at me for holding
[09:59] {magoo} vad, SOLF bounce??
[09:59] {Threei} 70 cents away from low??
[09:59] {magoo} i mean u looking for area?
[09:59] {Threei} not really for now
[10:00] {magoo} what i do to u this motn lol?
[10:00] {Roman} 21 OMNI
[10:00] {Roman} 21 bidding small on pullback here
[10:01] {Roman} 21 long 5.87
[10:01] {Roman} 21 bidding
[10:04] {dino} crzo
[10:05] {fernp} PMTC
[10:05] {Roman} 21 cover JASO
[10:05] {Roman} 21 flat
[10:05] {hawkfan4} covered jaso .18
[10:07] {magoo} watching SOLF CSIQ as bounce candidates
[10:07] {magoo} not in
[10:07] {Roman} 21 PEIX
[10:07] {dino} sina big pullback
[10:11] {dino} nfg s .35
[10:11] {Roman} 21 CROX
[10:12] {Roman} 21 mini spike
[10:12] {fernp} mdt
[10:13] {Threei} CROX
[10:13] {Roman} 21 CROX lodaed with shorts
[10:13] {Threei} TICKING HIGHER, HEARING ACTIVIST INVESTORS TAKING LARGER STAKE
[10:13] {Roman} 21 long TGA
[10:13] {Roman} 21 small 5.28
[10:16] {Roman} 21 OMNI invalidaed
[10:16] {Roman} 21 don't like it
[10:18] {Roman} 21 short JASO
[10:18] {Roman} 21 24.11
[10:18] {Roman} 21 small
[10:19] {Threei} oil inventory numbers in 10 min
[10:20] {magoo} rimm long bounce scalp .20 small risky
[10:21] {Roman} 21 CXS short
[10:21] {Roman} 21 super small
[10:21] {Roman} 21 69.82
[10:21] {Roman} 21 wide stop, this is for crazy traders only
[10:22] {magoo} why would i not get quotes for that one?
[10:22] {judijim} good morning everyone
[10:23] {Threei} jj :)
[10:23] {magoo} stopped rim .97
[10:23] {magoo} sigh
[10:23] {Chaeron} Hi all
[10:23] {Threei} chaeron :)
[10:23] {Threei} magoo, why not wait until after numbers
[10:23] {Threei} look how nervous market ids
[10:23] {magoo} agree
[10:24] {Threei} chart full of hectic spikes
[10:24] {dino} cov nfg .96 +.39
[10:25] {Threei} IBM
[10:25] {Threei} CFO: "WELL ON TRACK" TO MEET 2010 EPS TARGETS
[10:25] {Threei} hmmm
[10:25] {Threei} we have year and half to buy it
[10:26] {magoo} 2010??doesn't he know aztec prophisies end of world 2009?
[10:26] {dino} most likely he does, hence the 2010 call
[10:26] {GeoArb} end of "their" world
[10:26] {dino} won't matter
[10:27] {Threei} lol
[10:27] {GeoArb} we wait then go and buy cheap land
[10:27] {Roman} 21 BDCO is back
[10:27] {dino} i like the way geo thinks
[10:28] {GeoArb} i just want to help them out
[10:28] {Threei} 2 min
[10:29] {GeoArb} i am curious.... does anyone dabble in forex here?
[10:29] {Roman} 21 cover JASO +.49
[10:29] {Threei} lord... stay away from that crap
[10:29] {GeoArb} lol
[10:29] {GeoArb} comeon vad i love rubles
[10:29] {Roman} 21 CROX playing
[10:30] {Roman} 21 sqeeze is on
[10:30] {Roman} 21 long small 11.35
[10:30] {dino} alex
[10:30] {Roman} 21 stop 11.10
[10:30] {Threei} DOE CRUDE: -5.3M V +500KE;
[10:31] {Roman} 21 buy sell short?
[10:31] {Threei} GASOLINE: -755K V +300KE; DISTILLATES: +728K V +1.4ME
[10:31] {GeoArb} spike down
[10:31] {Threei} yikes
[10:31] {dino} alex s .03 stop .27
[10:31] {Roman} 21 i thnk just buy8ing BDCO withall acash
[10:33] {Chaeron} Roman's typing going to heck just from hanging out with us
[10:33] {GeoArb} nono
[10:33] {GeoArb} i think he is buying 8 lots
[10:33] {magoo} really..i don't even understand that one
[10:33] {Roman} 21 :)
[10:34] {Roman} 21 i was trying to be funny saying, i should buy BDCO with all cash i got
[10:35] {GeoArb} yup i would bet the farm on a blue dolphin name
[10:35] {Roman} 21 out GLD -.15
[10:37] {dino} bdco, was that the car wash company
[10:37] {magoo} no it wasn't
[10:37] {GeoArb} blue dolphin energy company
[10:37] {Roman} 21 no, that was MACE
[10:37] {dino} lol i knew it was one of them
[10:38] {Roman} 21 MACE had a car wash business and homeland security division
[10:38] {Roman} 21 protect & wash
[10:38] {dino} uthr
[10:38] {magoo} roflol
[10:38] {Threei} and made money by selling one wash station after another
[10:39] {dino} i remember it
[10:39] {Roman} 21 cover CSX
[10:40] {Roman} 21 +.15
[10:40] {Threei} FUEL buying
[10:40] {Threei} traders looking for oil-related play started scrapping the bottom of barrel
[10:40] {Roman} 21 true vad, that's another one that i forgot about
[10:41] {Roman} 21 loading some swing
[10:41] {Roman} 21 i think oil will stay strong for a few months, especially with hurricane season starting
[10:42] {Roman} 21 and if we get oil rigs get hit in the gulf, we get that final spike probably to over $150
[10:42] {Roman} 21 imo
[10:42] {Roman} 21 that that will be the top for all time high, that is my prediction
[10:43] {Roman} 21 (small font text) disclaimer: my prediction works only if there is a major hurricane
[10:43] {Threei} SINO
[10:43] {Threei} IPO OPENS FOR TRADING AT $16
- priced 1.23M shares at $7.75
[10:43] {Threei} - SINO is a non-state owned provider of shipping services in China. Anderson & Strudwick acted as the lead placement agent for the offering.
[10:44] {Roman} 21 shipping, best time to go public with olympics coming up
[10:44] {Threei} nice spread
[10:45] {fernp} CPWR
[10:50] {dino} ales bstop to .53
[10:50] {Roman} 21 nice FUEL vad, thanks
[10:51] {Roman} 21 this stock was just 38 cents a few weeks ago
[10:51] {dino} alex that was
[10:51] {dino} to .43
[10:51] {Roman} 21 out CROX -.18
[10:52] {dino} cov .44, +.59
[10:53] {Roman} 21 long EPEX small 5
[10:53] {peterg} Short CROX for capitulation? Im too slow
[10:54] {dino} you need coffee then pete
[10:54] {Threei} hard to tell peter
[10:55] {peterg} I'll get my 2nd starbucks tub-back in a minute
[10:56] {dino} ahhh
[10:56] {Threei} RIMM short candidate 137 break
[10:56] {Threei} if stays below .20
[10:56] {dino} pot #2 half gone here (magoo slurpping them down)
[10:56] {Roman} 21 hard to believe that EPEX is an energy company by looking at its weekly and monthly chart
[10:57] {Chaeron} RIMM not cooporating very well.....
[10:57] {Roman} 21 CROX isn't done, if market recovers, it's going higher
[10:57] {Roman} 21 imo
[11:01] {dino} dji -410 pts since monday's high (3%)
[11:02] {Roman} 21 i messed up wtih GLD
[11:05] {dino} sina l .50 stop .19
[11:06] {dino} too soon, felt reversal
[11:07] {dino} trma
[11:10] {dino} need another 1% down
[11:16] {dino} out sina .90, +.40
[11:16] {Threei} what's with WIND?
[11:16] {Threei} no news that I see
[11:17] {Threei} solars don't seem to go with oil anymore
[11:17] {dino} sm uthr l .50
[11:17] {Roman} 21 CPSL
[11:18] {Roman} 21 bidding
[11:18] {Roman} 21 in 6.85
[11:18] {Roman} 21 small
[11:18] {dino} is wind solar or wind power? cramer pushing wind power big time
[11:18] {Threei} no dino
[11:18] {Threei} technology
[11:18] {Threei} that was my first thought oo
[11:19] {dino} ok
[11:24] {Roman} 21 long CROX
[11:24] {Roman} 21 11.20 with a stop 11.08
[11:24] {Roman} 21 1/3
[11:34] {Threei} LDK is active
[11:34] {Threei} tough read, pulls back hard
[11:34] {Threei} lol... MACE is halted
[11:34] {Roman} 21 :
[11:34] {Roman} 21 :)
[11:34] {Roman} 21 i was just going to say that
[11:35] {Threei} US ENERGY SEC BODMAN: $132/BBL OIL PRICE FAIRLY REFLECTS TIGHT SUPPLIES AND STRONG GLOBAL DEMAND- Says there is nothing Govt can do in short term to ease record gasoline prices
[11:41] {Threei} BEXP
[11:41] {dino} uthr stop tro .65
[11:41] {dino} out +.15 bad entry
[11:46] {dino} vclk
[11:49] {dino} fsys
[11:53] {Threei} ENER .50 break long half lot if stays above .30
[11:54] {Threei} LDK non-stop
[11:55] {Threei} US SENATOR DURBIN: OIL WINDFALL TAX 'UNLIKELY' TO PASS CONGRESS
[11:55] {hawkfan4} AKNS .71, stop .64
[11:55] {Threei} ENER over 1:1
[11:56] {Threei} dptl, look dcc pls
[11:56] {Roman} 21 still in BLDP
[11:56] {Roman} 21 looking greawt
[12:03] {Roman} 21 long PTEN
[12:03] {Roman} 21 33.58
[12:07] {Threei} who feels very adventureous ?
[12:08] {Threei} LDK .50 break
[12:08] {magoo} shit already in it
[12:08] {Threei} lol
[12:09] {Roman} 21 stopped CROX -.12
[12:14] {Threei} COIN?
[12:16] {dino} tsra
[12:27] {Threei} GEORGE SOROS: SEES ANOTHER 12 MONTHS OF US HOME FORCLOSURES
[12:28] {Threei} not 11? not 13?
[12:28] {dino} qelp
[12:41] {Threei} I forgot when I saw last time IVAN moving like that
[12:53] {Threei} WARREN BUFFET: DOLLAR WILL CONTINUE TO DEVALUE, POLICIES NEEDED TO CORRECT DOLLAR'S SLIDE HAVE NOT CHANGED
[12:55] {Threei} oil over 132
[12:55] {Threei} pain continues
[12:56] {hawkfan4} i guess it's good to work from home, it's too expensive to leave the house
[12:57] {Threei} no kidding
[12:58] {Chaeron} WASHINGTON (Reuters) - The House of Representatives overwhelmingly approved legislation on Tuesday allowing the Justice Department to sue OPEC members for limiting oil supplies and working together to set crude prices, but the White House threatened to veto the measure. {{{ ooooh, OPEC is sooooo scared
[12:58] {Threei} lol
[12:58] {Roman} 21 RCH
[12:59] {Threei} RCH... if pulls back to .70 - .80
[12:59] {Threei} hate to buy breaks on this one
[13:00] {Threei} I wonder how would mechanics of suing OPEC work
[13:01] {dino} i believe they are sovereign governments, so not going to work, just posturing for re-election
[13:03] {Threei} jury delivers guilty verdict
[13:03] {Threei} what's next? :)
[13:03] {Threei} put Saudi Arabia in jail?
[13:06] {dino} shld
[13:06] {Threei} OK RCH
[13:06] {Threei} long when that huge offer gets taken
[13:07] {Threei} volatile one, half lot
[13:08] {dino} uaua bit of trouble
[13:09] {Threei} ideally I'd like to see that offer chasing down as RCH pulls back, then at some harsh downtick being taken out
[13:10] {Threei} that would start new upward cycle
[13:14] {magoo} in rch .85
[13:16] {Threei} .70 support
[13:21] {magoo} notr working really
[13:22] {fernp} nothing seems to work today.
[13:23] {Threei} not really
[13:23] {Threei} ENER was the only clean trade
[13:24] {magoo} short side would have worked everywherre
[13:24] {magoo} we do not think short enough
[13:25] {magoo} ive said this before
[13:25] {magoo} i'm really trying to adjust my thinking to shorting
[13:25] {Threei} hmmm
[13:25] {Threei} I remember a few tries to find short entries
[13:25] {Threei} none worked
[13:26] {Threei} and I can't agree with this "we do not think short enough"
[13:26] {Threei} I don't care long or short
[13:27] {Threei} remember RIMM short trigger? thankfully never tagged it, went up 60 cents from there
[13:27] {Threei} PEIX early short?
[13:27] {Threei} went down barely 10 cents, shot up 50
[13:28] {Threei} MINUTES OF THE APRIL 30 FOMC MEETING AND UPDATED QUARTERLY FED ECONOMIC FORECAST DUE OUT AT 2PMET
[13:37] {magoo} whats your point {he he}
[13:37] {Threei} do I have any? :)
[13:37] {Chaeron} .
[13:37] {Chaeron} ..
[13:37] {Threei} see, chaeron does
[13:37] {Chaeron} have one of mine
[13:37] {magoo} long rimm .70
[13:37] {Threei} let me try and make one
[13:38] {Threei} 1. no trading style fits all market conditions
[13:38] {Threei} 2. you can't change trading style on the fly with every day's changes
[13:38] {Threei} 3. whehn market is not what you can read and tgrade successfully, you decerease activity and wait it out
[13:39] {Threei} 4. some market changes can be included in your trading style by normal adfjustments, like size change when it's too volatile for instance
[13:39] {dino} uaua
[13:40] {Threei} 5. some market changes are simply meanignless, like market not having any follow-through for a day or week - no need to try and push hard, it's simply "wait it out"
[13:41] {Threei} 6, and last: trading is not event, it's a process - don't put too much significance in aany losing trade or any losing day. No one trades without those
[13:41] {Threei} how's that for one point?
[13:43] {magoo} point{s} well taken
[13:44] {magoo} now go find some winners lol
[13:44] {Threei} remember a stretch when we traded at 80-100% success day after day?
[13:44] {Threei} how manytrades a day you saw me calling?
[13:44] {Threei} 8-15, right?
[13:45] {Threei} now when hit rate is not that stellar, how many do you see me calling?
[13:45] {Threei} 3-5?
[13:45] {Threei} think it's an accident?
[13:47] {hawkfan4} no sir
[13:51] {Threei} SNCR
[13:52] {Threei} rumor of contract with RIMM
[13:52] {magoo} btww, covered rimm long .08
[13:57] {Threei} VENEZUELAN PRES. CHAVEZ MAY REINTRODUCE A PROPOSAL FOR AN OPEC BANK
[13:57] {Threei} I think we are in a state of economic war
[14:01] {Roman} 21 wow, fed minutes are not good
[14:04] {Threei} *MINUTES OF THE APRIL 30 FOMC MEETING: MOST FED OFFICIALS VIEWED APRIL RATE CUT AS 'CLOSE CALL'
- Saw rising restraint on spending, Signals no more rate cuts even if economy retracts
[14:04] {Threei} - CHANGES 2008 jobless forecast to 5.5-5.7%% from 5.2-5.3% previous
[14:04] {Threei} - CHANGES 2008 GDP growth forecast to 0.3% -1.2% from 1.3%-2%previous, and 2009 to 2%-3% from 2.1%-2.7% previous
[14:04] {Threei} - CHANGES 2008 core inflation forecast to 2.2-2.4% from 2%-2.2% previous, Total Inflation forecast to 3.1%-3.4%% from 2.1%-2.4%
[14:06] {dino} trma s .25
[14:06] {Threei} fairly conflicting point in the markets
[14:07] {Threei} one one side no more cuts, not too rosey forecasts
[14:07] {Threei} on another, no more cuts and end of liquidity injections lead to stronger dollar, lower oil, less pressure on economy
[14:07] {Roman} 21 this can get really ugly
[14:07] {dino} spsx s .49 sm
[14:07] {Threei} kind of wait and see
[14:08] {dino} getting my 1% extra
[14:09] {dino} patience -4% usually around buy dips lately
[14:09] {dino} oh she's not here
[14:11] {Roman} 21 GEOI managing to make a hod in a time like this, this stock just doesn't care
[14:14] {Threei} 135 loss short RIMM
[14:16] {Threei} stop above ..25
[14:16] {dino} lod dji
[14:17] {Threei} 1:1
[14:18] {Threei} 1:1, out in full
[14:18] {Threei} 1:2, sorry
[14:18] {Chaeron} +.024 RIMM in .98, out .74
[14:18] {Chaeron} shucks
[14:18] {Threei} +.54
[14:19] {Chaeron} 0.24 that is
[14:19] {Chaeron} double shucks
[14:19] {Threei} magoo?
[14:20] {dino} uthr
[14:20] {Threei} don't tell me you didn't play it after tearing my head off for not shorting
[14:20] {magoo} took it TY
[14:20] {Threei} whew
[14:20] {Chaeron} triple shucks
[14:20] {fernp} out +1.15
[14:20] {Threei} each shucks equals one to one, chaeron?
[14:20] {Threei} wow fernp
[14:20] {Chaeron} great job fern
[14:21] {Threei} beautiful job
[14:21] {Chaeron} no... we'd be at 5 shucks
[14:21] {fernp} thanks to vad
[14:21] {Threei} don't know where you find balls to hold such volatile one during such volatile times... but heck, that was great
[14:21] {Chaeron} why do I feel like Vad called me "ballless"?
[14:22] {Threei} 60 points down NQ
[14:22] {Threei} that's wow
[14:22] {dino} spsx cov .26, +.23
[14:23] {fernp} lol, just look to other place
[14:23] {Threei} ahhh
[14:23] {Threei} that's the secret
[14:23] {Threei} click, close your eyes, pray, click, open your eyes, review the result
[14:24] {Threei} I need to practice that
[14:24] {fernp} include it in TTT-2
[14:24] {Threei} lol
[14:24] {fernp} TTR
[14:24] {dino} uthr sm risky l .77
[14:29] {Threei} one commodity better remain unnamed is at 133
[14:30] {fernp} mineral water?
[14:31] {Threei} I wish
[14:33] {dino} trma stopped -.40
[14:33] {Chaeron} RIMM from here?
[14:34] {Threei} 50/50
[14:34] {dino} rinsed/spike
[14:42] {dino} out uthr .53, +.76
[14:46] {dino} another -.85 +/-, then long
[14:47] {dino} we have our 4%
[14:48] {fernp} I must go away
[14:48] {fernp} make a lot of money
[14:49] {Threei} see you tomorrow fern!
[14:49] {Threei} looks like that's not it dino
[14:49] {Threei} new lows are very likely
[14:51] {dino} ok, back in 15
[14:51] {dino} -290ish is my target
[14:52] {Threei} low volume bounce
[14:59] {peterg} Anybody have experience with Fidelity Active Trader Pro Platform?
[14:59] {peterg} Recommendations?
[14:59] {Threei} I doubt it peter... not what day traders traditionally use
[15:02] {peterg} Darn and I get it free from Fidelity. Maybe worth it, too.
[15:02] {Threei} you tried executions?
[15:04] {peterg} Yes, it takes about 3 or four entries to select buy/sell, limit, condition, etc. I am trying to cusomize it for speed.
[15:04] {peterg} Tedious
[15:04] {Threei} wow
[15:04] {Threei} doesn't sound like daytrading platform
[15:05] {Threei} interested in RIMM long here
[15:05] {Threei} .65 support
[15:05] {Threei} pick entry best you can
[15:06] {Threei} invalidated for now
[15:06] {Threei} if .50 holding, .66 entry
[15:07] {Threei} not holding
[15:08] {Threei} .40 support now
[15:08] {Threei} no clear trigger though
[15:10] {Threei} in
[15:10] {Threei} .45
[15:10] {Threei} stop under .30
[15:10] {Threei} nope, still not it
[15:11] {Threei} come on NQ show some spine
[15:14] {dino} crzo spanked
[15:16] {Threei} ugh... second try worked but sold too soon
[15:32] {Threei} SOLF, worth a try half lot with stop under .50
[15:32] {Threei} .61 trigger
[15:36] {dino} sm risky, wide l sina .80
[15:41] {peterg} Intraday trading on margin?
[15:42] {Threei} sure, as long as you keep strict srtop discipline
[15:42] {Threei} and if decide holding something overnight, doing it in small size
[15:42] {dino} y
[15:43] {dino} need margin to short, don't you?
[15:43] {peterg} Yes!?
[15:44] {dino} lod dji
[15:44] {peterg} Have you noticed that theory and practice are different?
[15:44] {dino} crushing the oils
[15:44] {Threei} in theory, there is no difference between partcice and theory. In practice, there is
[15:44] {dino} y pete, theory does not apply to day trading imo
[15:45] {dino} lol
[15:45] {dino} best to forget all theories told to you over the last few years, react
[15:45] {peterg} That must be my problem--too much theory
[15:47] {dino} find you edge, manage the risk, be consistant, and keep it simple
[16:00] {peterg} Well said, Dino
[16:00] {Threei} thank you all
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {peterg} Thnks, gnite
[16:01] {dino} thx all, good one

May 20 2008

Session Time: Tue May 20 00:00:00 2008

[07:50] {Threei} [CSUN] China Sunergy Reports Q1 $0.01 v -$0.05e, R $77.0M v $73.3Me
[07:50] {Threei} - Guides Q2 GM's at 9-10%, Production at 30-32MW
[07:50] {Threei} - Guides FY08 production around 125-145MW
[07:50] {Threei} - Q1 Blended GM's 9.2% v 6.4% y/y
[07:50] {Threei} - Q1 Blended ASP $3.02/unit v $3.23/unit q/q sequential and $2.95 y/y
[07:50] {Threei} - Q1 Wafer costs $2.64/watt v $2.23/watt q/q
[08:40] {Onix} Good morning all
[08:40] {Threei} Good morning
[08:44] {Threei} poor CSUN
[08:46] {esemde} gm dp jm ldonix tom Vad
[08:47] {Threei} ese :)
[08:47] {esemde} still not summer on the island Vad?
[08:47] {Threei} as far as I am concerned, it's summer
[08:48] {esemde} yes ...there might still be some snow in some parts of winnipeg or manitoba
[08:48] {Threei} lol
[08:48] {Threei} actually, this morning Winnipeg had -4C
[08:48] {Threei} soooo....
[08:49] {esemde} ouch...
[08:49] {Onix} gm esemde
[08:49] {esemde} onix...
[08:50] {Onix} Does all that mean that CSUN is going to shine today?
[08:51] {Threei} I aam afraid shining is over for CSUN
[08:51] {Threei} short bounces is the name of the game for it
[08:53] {Threei} did twice, small shares... both worked like charm
[08:53] {Onix} i still have to learn how to play those bounces ... quite hesitant i am
[08:54] {Threei} not much different from buying pullbacks
[08:54] {Threei} turn your monitor upside down, buy pullback - that will equal shorting the bounce {G}
[08:55] {pita} gm all
[08:55] {Threei} pita :)
[08:55] {Onix} lol
[08:59] {dptl} good morning all
[09:00] {Threei} dp :)
[09:02] {magoo} morning
[09:02] {Threei} magoo :)
[09:09] {dino} gm all
[09:09] {Threei} dino :)
[09:10] {Threei} very interesting to ssee if PPT intrudes today
[09:10] {Threei} if they do, we are going to have wide ranges and sudden turns
[09:11] {Threei} FED'S KOHN: THE ECONOMY TO FIRM IN H2 OF 2008, IMPROVE IN 2009
- Monitoring inflation trends for any signs that goal of promoting price stability is at risk
[09:11] {Threei} - Adds that core inflation should ease slowly as commodity prices level and economic slack keeps wage costs down
[09:11] {Threei} - Says if long-term inflation expectations become unmoored than will face more serious situation
[09:12] {Threei} - Notes that the role of cheaper dollar and lower rates in rising oil prices likely small and that dollar decline is helping exports but accentuating inflation concern
[09:12] {Threei} - Fed must assess whether after softness economy likely on track for sustained growth
[09:12] {Threei} - Sees demand for housing could fall further in coming months given lending tightness, supply of existing homes quite high and likely to climb more as foreclosures rise
[09:12] {Threei} - Says that US households are extremely downbeat about the prospects for jobs and income
[09:12] {Threei} - Notes that financial markets somewhat improved but worried about quality persists and remain vulnerable to negative news on economy and credit losses
[09:13] {Threei} APR PRODUCER PRICE INDEX: M/M: 0.2% V 0.4%E; PPI EX FOOD_ENERGY M/M: 0.4% V 0.2%E
- PPI YoY: 6.5% v 6.7%e
[09:13] {Threei} - PPI Ex Food_Energy YoY: 3.0% v 2.9%e
[09:16] {Threei} I used to think reading Feds that I could do the job just as well.... now reading Kohn I realize anyone could do that
[09:16] {Threei} what did he say anyone reading first page of any morning newspaper couldn't say?
[09:22] {esemde} hmmmm have died and gone to coffee heaven....new capacino maker.....highly reccoment it
[09:24] {peterg} Good morning. Am I discussant--I thought read only.
[09:24] {Threei} hi peter
[09:24] {Threei} why, we cherish freedom of speech
[09:25] {peterg} I can be quite talkative.
[09:25] {Threei} we have Feds... no one can beat THAT
[09:26] {GeoArb} gm
[09:26] {Threei} Geo :)
[09:27] {Threei} watching CSUN for short opportunity
[09:27] {Threei} would like a bounce to fade
[09:27] {Threei} or consolidation with clean breakdown trigger
[09:31] {Threei} QTWW
[09:31] {Threei} TO TRIPLE PLANT CAPACITY FOR SOLAR MODULES WITH ASOLA IN GERMANY TO MEET INCREASING DEMAND
[09:32] {Threei} 1.86 worth a try QTWW
[09:32] {Threei} nice break on daily
[09:32] {Threei} needs to hold 1.75
[09:33] {Threei} CSUN .29 short half lot
[09:33] {Threei} ugh
[09:33] {Threei} late
[09:36] {Roman} 21 MGPI long small
[09:37] {Threei} PEIX lost its mind
[09:37] {esemde} i'll say...look at it go
[09:38] {cosmo} it looks drunk
[09:38] {Threei} 8 be taken MGPI?
[09:39] {Threei} CSUN bounce with NQ
[09:39] {Threei} .50 closest resistance
[09:39] {Threei} keep stop just above it
[09:39] {Roman} 21 ROYL
[09:39] {Roman} 21 long 5
[09:39] {Roman} 21 1/3
[09:40] {pita} bounce short CSUN?
[09:40] {Threei} yes
[09:40] {Threei} bounced right into our original short zone
[09:40] {Threei} half lot, stop above .50
[09:41] {GeoArb} hmm cant short
[09:41] {Threei} ?
[09:41] {GeoArb} wierd broker i guess
[09:41] {Threei} why not?
[09:41] {Threei} oh
[09:43] {Threei} stopped
[09:43] {esemde} NVDA bstop 1/2 .31
[09:44] {esemde} long .30
[09:45] {esemde} stop .02
[09:46] {Roman} 21 BDCO maybe waking up
[09:46] {Threei} STKL?
[09:47] {Threei} QTWW is a slow one, put stop at .74 and let it trade
[09:48] {esemde} NVDA stop to .15
[09:48] {Roman} 21 EMKR
[09:49] {Roman} 21 long 8.12 small
[09:49] {Roman} 21 stop 7.90
[09:50] {Threei} CSUN second try short under .70
[09:51] {Threei} stop .85
[09:51] {magoo} sh @ .65
[09:52] {esemde} NVDA stop to .26
[09:52] {esemde} keeping this one real tight
[09:54] {esemde} come on....push yourself above .50
[09:55] {esemde} need more coffee adrenalin
[09:55] {magoo} me too..get me a cup please
[09:55] {esemde} love too
[09:55] {cosmo} ...careful with that stuff, ese
[09:55] {GeoArb} hey ese.... which coffee maker? i am in market too
[09:55] {Threei} die already CSUN
[09:56] {esemde} it's called Breville
[09:56] {GeoArb} k. thanks
[09:56] {magoo} serious selling naz here
[09:56] {esemde} I think anyone will though
[09:57] {Threei} stubborn one... if breaks .80, my bias is wrong on it
[09:57] {magoo} yeah..it held well there
[10:00] {Threei} held by fingertips
[10:01] {Threei} needs to lose .50 to work
[10:01] {esemde} oh oh.....
[10:01] {magoo} rimm short vad?
[10:01] {magoo} or we miss it
[10:02] {Threei} .74 would be my trigger for RIMM
[10:02] {Threei} if stays under 137
[10:02] {magoo} in now got .87
[10:03] {magoo} man..it tagged ,75 then pooped
[10:03] {magoo} popped
[10:03] {Threei} both
[10:04] {esemde} stopped NVDA .26 -.04....rats!!!
[10:05] {magoo} stopped..that blew
[10:05] {esemde} as per Vads saying...sometimes you are the bug...sometimes you are the windhield
[10:05] {Threei} ok CSUN, it's time
[10:05] {Threei} half out
[10:05] {Threei} .37
[10:05] {Threei} scalpers take profit
[10:06] {pita} out ty
[10:06] {Threei} stop to .71
[10:10] {magoo} try rimm sh again loss 137
[10:10] {magoo} in
[10:11] {Roman} 21 out ROYL +.40
[10:11] {Threei} good one
[10:11] {Threei} MPET tagged 52 week high earlier... same group
[10:12] {Roman} 21 CPSL back
[10:12] {Threei} stop to above .50 CSUN
[10:12] {magoo} stopped RIMM -.20
[10:13] {esemde} ESMK who is this new kid on the block?
[10:13] {Threei} ESMK
[10:13] {Threei} RUSSIA'S SEVERSTAL OFFERS $17.00 PER SHARE IN CASH
- Reminder: ESMK is already in a pending merger agreement with Essar at $17/shr.
[10:13] {Threei} - Severstal says, unlike the Essar proposal, its offer has full support of the United Steel Workers union and has 5 year 'capital improvement plan' for ESMK.
[10:14] {magoo} out CSUN sh .27TY vad
[10:15] {magoo} l amzn here .75
[10:16] {magoo} sytop it .47
[10:17] {esemde} OK thinking long NVDA again
[10:20] {Roman} 21 GEOI
[10:21] {Threei} am I getting overly greedy on CSUN?
[10:22] {Roman} 21 i should be able to answer that in about 30 minutes Vad
[10:22] {Threei} I just have hard time seeing it above 12... let alone continuing upward
[10:22] {Threei} lol... ty Roman
[10:23] {Threei} anyway it's in no lose territory
[10:23] {Roman} 21 BDCO starting
[10:23] {Roman} 21 waking bastard
[10:23] {cosmo} UNFI
[10:24] {cosmo} 20 melting
[10:27] {Chaeron} Good morning all
[10:27] {Threei} chaeron :)
[10:27] {magoo} hey chaer
[10:27] {Threei} out CSUN
[10:27] {Threei} go ahead roman
[10:27] {magoo} greedy it is
[10:28] {magoo} i should know
[10:28] {Roman} 21 :)
[10:29] {Threei} oh boy... if even IVAN moves, buy everything energy is certainly way to go
[10:37] {Roman} 21 USEG radar
[10:38] {Threei} uranium play?
[10:38] {Roman} 21 sure, why not
[10:38] {Threei} I was wondering for while why it doesn't get any attention
[10:42] {esemde} Long NVDA .31 3/4 lot
[10:43] {Roman} 21 VLNC slow one on radar
[10:43] {esemde} higher low theory
[10:44] {Threei} WHITE HOUSE DENIES REPORT IN ISRAELI NEWSPAPER REPORT THAT BUSH INTENDS TO ATTACK IRAN
[10:44] {esemde} bring up the defense stocks
[10:46] {Threei} and we woncer why oil continue climbing
[10:46] {Threei} 130 yet?
[10:47] {Threei} CSIQ .50 break long small shares
[10:47] {fernp} a bit late, but good morning
[10:47] {Threei} fernp :)
[10:48] {Threei} stop under .25 - .30 zone
[10:48] {Threei} QTWW is almost 1:1
[10:50] {Threei} CSIQ over 1:1
[10:50] {magoo} where u exiting boss?
[10:51] {esemde} auch du leibe!!!!....get on up there NVDA
[10:52] {Threei} offering .90 mags, won't let it lose .70 on me
[10:52] {Threei} out
[10:52] {Threei} QTWW 1:1
[10:52] {magoo} out .95 TY vad
[10:52] {Threei} welcome
[10:53] {magoo} nice read
[10:53] {Threei} out 2K QTWW .98
[10:53] {Threei} 3 to go
[10:54] {Threei} .84 stop
[10:55] {Threei} choppy market
[10:55] {Threei} but so far shapes up as a nice day
[10:57] {judijim} Good morning everyone
[10:57] {Threei} jj :)
[10:57] {Threei} OK, this is tough call for me to make... but
[10:57] {Threei} CSUN long if takes that .59 offer and stays above .50
[10:58] {dino} cpla sm l .15
[11:03] {Threei} US SENATE BANKING PANEL PASSES GSE REFORM, FHA RESCUE- vote was 18 to 2{FNM FRE}
[11:05] {Threei} FNM CEO: SUBPRIME STORY HAS LEFT HOUSING SECTOR 'IN RUIN', FNM NOT IMMUNE TO BAD US HOUSING MARKET
[11:05] {Threei} yikes
[11:06] {Threei} CSUN stopped, off radar
[11:09] {Threei} dino... see SINA?
[11:09] {Threei} maybe your client
[11:09] {dino} ty
[11:10] {dino} waiting
[11:14] {esemde} i'm gone for the day all....looks like i'm gonna get stopped in NVDA again too...oh well...it's one of those days
[11:14] {dino} hmmm thought it would drop more
[11:14] {Threei} take care ese... you'll get'em tomorrow
[11:14] {esemde} definately...
[11:14] {Chaeron} bye ese...
[11:14] {Threei} indeed is the right word
[11:15] {dino} xide
[11:17] {dino} cya es
[11:18] {dino} cpla stop to .29
[11:18] {dino} to .65
[11:19] {dino} out .65+..50
[11:21] {dino} ewst, thin
[11:26] {Threei} RIMM long .21
[11:26] {Threei} stop under 137
[11:28] {Threei} 1:1, half out
[11:28] {Threei} scalpers know what to do
[11:31] {dino} pnra l .50, stop lod
[11:32] {Threei} USO small shares short
[11:32] {Threei} .90
[11:32] {Threei} stop 104.11
[11:33] {dino} nihd
[11:34] {magoo} vad, u got half rimm yet?
[11:34] {Threei} scalped .41
[11:34] {magoo} nice
[11:35] {Threei} USO not in a short list
[11:35] {Threei} grr
[11:38] {Roman} 21 OMNI playing
[11:38] {Roman} 21 long 5.15
[11:39] {Threei} invalidated anyway USO
[11:39] {Roman} 21 out OMNI +.17
[11:41] {Roman} 21 long DROOY
[11:41] {Roman} 21 8.78 1/3
[11:46] {dino} apei blood
[11:46] {Roman} 21 out EMKR -.23
[11:48] {Threei} sideways action... need resolution one way or the other
[11:50] {dino} prna stopped -.21
[11:53] {Threei} SOLF small shares short 25.10 if stays under .30
[11:54] {Threei} if market picks down and dumps in yesterday's manner, should be good down to 24.50 or so
[11:55] {Threei} if market picks up, 25.50 break may become a long trigger if consolidates a bit above .30
[11:55] {dino} grrr apei was waiting at 33.80
[11:55] {Threei} that big bid at 25.10 should be indicative if taken
[12:00] {dino} nihd l .85 sm
[12:01] {magoo} market feels up vad...just my o
[12:03] {dino} sina sm l .00, stop lod
[12:08] {Roman} 21 BCON high
[12:08] {Roman} 21 a decent setup for longs
[12:08] {Roman} 21 probably pickup on 1.50
[12:08] {Roman} 21 pullback,
[12:09] {Roman} 21 bidding 1.49
[12:09] {magoo} [12:01] {magoo} market feels up vad...just my o
[12:09] {magoo} [12:03] {dino} s
[12:09] {Roman} 21 you are the best
[12:09] {magoo} that was a pretty good "feel"
[12:10] {Roman} 21 FRG small crazy stock
[12:10] {Roman} 21 may continue off 5
[12:14] {magoo} when i get my groove back..sas consistancy..gonna call what i doing',
[12:14] {magoo} i hit amzn rimm aapl on my mkt call
[12:14] {magoo} up big eack
[12:15] {magoo} but i been off...don't wanna hurt anyone
[12:15] {Threei} sdince when are you so gentle and caring
[12:15] * Threei slaps magoo around a bit with a large trout
[12:16] {magoo} LUV IT
[12:16] {magoo} AGAIN
[12:16] {Threei} nope
[12:17] {Threei} don't hesitate tyo post your trades - unless it gets in the way of your trading that is
[12:17] {magoo} i took rimm at 137
[12:17] {magoo} out .89
[12:17] {Threei} hurting anyone should not be a concern 0 everyone is a big boy/girl, can look at the trade and decided if s/he likes it or not
[12:17] {dino} ewst wow
[12:18] {Threei} posting it on the other hand keeps you disciplined
[12:18] {magoo} aapl at 184.23 out 185.
[12:18] {Chaeron} nice bro
[12:18] {dino} i have to agree w/that vad
[12:18] {magoo} amzn .50 out 81
[12:18] {Threei} feeling of being watched is a strong motivation to trade accordingly to rules
[12:18] {magoo} all 300 shares
[12:18] {Threei} good job
[12:19] {magoo} right when i pote feelings
[12:19] {dino} and i thought that was just paranoia
[12:19] {Threei} nope... if you are paranoic it doesn't mean they don't watch you
[12:19] {magoo} but seriously..been off lately
[12:20] {Threei} anyone misses Grenspan?
[12:20] {Threei} FORMER FED CHAIRMAN GREENSPAN: SPECULATIVE BUBBLE MAY BE FORMING IN OIL, GRAINS; SEES YUAN STRENGTHENING AGAINST USD IN THE LONG RUN - Unclear whether there is a correct euro/dollar exchange rate
[12:22] {Threei} speaking of risky plays being posted... most of dino plays send shivers down my spine, lol... but I would hate for him to stop posting them
[12:22] {Threei} (maybe because I like the feel of those shivers)
[12:22] {GeoArb} lol
[12:23] {GeoArb} yeah those just fascinate me
[12:23] {dino} hmmmmmmmmmmm, not sure how to respond
[12:23] {Threei} just teasing :)
[12:23] {dino} adjust shares have fun?
[12:23] {magoo} with silence
[12:24] {Threei} sure... a lot of them are quite playable with small shares
[12:24] {Threei} it's when one goes overboard with size they are problematic
[12:24] {dino} you must understand, i am an untrusting individual....thats why i married an ax murderer
[12:24] {Threei} ahh
[12:24] {magoo} hes drinking already vad
[12:25] {dino} good movie btw, old mike myers
[12:26] {Threei} lord... TV milks those primaries till the last drop
[12:26] {Threei} I guess gap between actual amount of news and need to talk about something is really wide
[12:29] {dino} nihd stopped .65 -.20
[12:36] {Threei} SOLF stays under resistance while NQ climbing
[12:37] {dino} out sina .47, +.47
[12:37] {Threei} I like this short idea more and more
[12:41] {Threei} what the... not available to short... I swear it was yesterday
[12:41] {magoo} it was vad..i checked yesterday
[12:43] {Threei} see me crying
[12:43] {Chaeron} *sigh*
[12:43] {Threei} 1:1 in a hurry
[12:43] {Chaeron} great spot tho Vad
[12:44] {Threei} when it hits 24.50, someone will have to pass me a fresh box of tissues
[12:49] * Threei covers SOLF +.50 in his dream
[12:50] * Threei covers SOLF +.70 in his recurring dream
[12:51] {Chaeron} I DDC'd you a roll of paper towels... didn't think tissues would cut it
[12:51] {Threei} ty
[12:55] {Threei} want to see one crazy chart?
[12:55] {Threei} MXC
[12:55] {Threei} daily
[12:56] {Threei} well drilled showed some encouraging oil results, was halted on 19th
[12:58] {dino} guess so
[13:09] {Threei} watching AMZN for long if gives entry closer to 81
[13:10] {Threei} in, stop under 80.90
[13:11] {Threei} stop to .95
[13:14] {Threei} half out .22, scalpers take profit
[13:16] {Threei} stop .99 for the balance
[13:18] {Threei} CSUN, sheesh
[13:19] {Threei} US SEC OF DEFENSE GATES: REJECTS CALLS FOR DIPLOMACY WITH IRAN
[13:19] {Threei} oh good
[13:19] {Threei} let's send oil to 200
[13:22] {Threei} out balance AMZN
[13:23] {dino} ckx?
[13:23] {Threei} not in my news supply at all
[13:23] {magoo} sh csun 13
[13:24] {magoo} half..stop high .20
[13:24] {dptl} wow look at mxc spread
[13:26] {magoo} sheesh..stopped
[13:26] {Threei} I gave up on it magoo
[13:26] {Threei} no read
[13:26] {Threei} thing is just listless today
[13:27] {magoo} yeah..me too
[13:38] {dino} nga
[13:41] {dino} dji lod
[13:42] {peterg} This is my second week here; Nicely overwhelmed, confused unfocussed. Probably normal.
[13:43] {Threei} that describes all of us
[13:43] {Chaeron} hmmm sounds like me and I've been here many years :)
[13:43] {dino} penn
[13:44] {hawkfan4} if you weren't pete we'd be worried about you :)
[13:44] {magoo} and perterg, who are your typing sjkills coming??
[13:44] {Chaeron} roflol
[13:45] {dino} lol
[13:45] {Threei} lol... magoo rises above himself
[13:45] {peterg} tks
[13:45] {dino} ask q's if you need to
[13:46] {Chaeron} yeah... please ask questions... you'll probably clear things up for me...
[13:46] {magoo} and go opposite anything chaeron takes:)
[13:46] {Threei} oh finally
[13:47] {Threei} just got e-mail that gives me hope
[13:47] {GeoArb} lottery?
[13:47] {Threei} Hello My Dear,
[13:47] {Threei}
[13:47] {Threei} I have been waiting for you since to come down here and pick your Cashier Cheque of $800.000 US Dollars but did not heard from you since that time.Then I went and deposited the Draft with FEDEX COURIER COMPANY here in Benin Republic, because I travelled to paraguay to see my boss and will not come back till next month end.
[13:47] {Chaeron} damn magoo... :)
[13:47] {Chaeron} let's take this out on the track :)
[13:47] {Threei} did not heard? sounds like my english
[13:47] {Chaeron} roflol
[13:48] {Threei} I want You to contact the FEDEX COURIER COMPANY BENIN REPUBLIC to know when they will deliver your package and also i advise you to send your informations to them such as;
[13:48] {peterg} What are you guys looking at? I have set up a laptop and a 2nd monitor with chartws. level two quotes and I am following ideas from this group. I assume things will become clearer in time.
[13:48] {dino} cnty
[13:48] {Threei} right now, no candidates peter
[13:48] {Threei} market goes sideways
[13:49] {Threei} no need to risk anything
[13:49] {Threei} if you have generic questions this is good time to ask them
[13:49] {peterg} Any further thoughts on screen setup?
[13:50] {GeoArb} so kennedy has brain tumor
[13:50] {GeoArb} umm market up?
[13:50] {Threei} if you squeeze level2, intraday chart and daily chart, it's enough for starters
[13:51] {Threei} squeeze in your monitors I mean
[13:51] {magoo} i am waiting for 2:30 p.m mkt move..as in run up or sell off...if IF hard sell watching usual candidates to short as in RIMM AAPL AMZN
[13:53] {Threei} you had a chance to review videocourse yet peter?
[13:54] {peterg} The one on scalping? with you by the monitors that are 12 feet tall?
[13:54] {GeoArb} lol
[13:54] {Threei} lol
[13:55] {peterg} Yes. I think I am going to take a while to digest this expanded universe of information.
[13:56] {magoo} huh? i found vads approach simplistic
[13:56] {Threei} well mags
[13:56] {Threei} depoends on what background you are coming from
[13:56] {magoo} buy a stock...exit 1:1 or stiop
[13:56] {Threei} if you are into intraday trading for a while, it is simple
[13:57] {Threei} if you are being introduced to it from the very beginning, it can be overwhelming
[13:57] {peterg} I thought I was more than a beginner, but I think for now I want training wheels.
[13:58] {peterg} I am in my office, and have to leave frequently for intense conferences, then return.
[13:58] {Chaeron} I still wear my crash helmet.... and on training wheels :)
[13:58] {Threei} just don't think of it as overcomplicated thing peter
[13:58] {Threei} it is really simple
[13:58] {Chaeron} sound like me exactly peter
[13:59] {magoo} if i may ask..are u laying out and waiting after u enter a trade? alot of beginners do not..miss the profit exit
[13:59] {Threei} not necesary easy mind you, but simple
[13:59] {GeoArb} laying out?
[13:59] {GeoArb} please explain
[13:59] {Threei} there are afrly limited number of distinctions and rules to learn
[14:00] {peterg} I am learning to use this dmn system from Fidelity, Active Trader Pro. Makes executions difficult so far.
[14:00] {Threei} after that it all depends on how successfully you internalize them and let them govern your actions
[14:00] * Chaeron slaps laserdave1 around a bit with a large trout
[14:00] {Threei} executions should be as simple as click on level 2 at the price you want and click buy or sell
[14:01] {dino} ckx v sm s .41 risky
[14:02] {Threei} be back in 20
[14:04] {magoo} after u enter position...place exit order at a level..say in long 13...sell order at 13.27
[14:04] {magoo} so u first in line..a pop gets u out
[14:15] {Chaeron} magoo... please dcc?
[14:25] {dino} realmoney.com: kazakhstan (14th largerst exporter) ban oil exports
[14:26] {Chaeron} freakin drill ANWR already
[14:26] {dino} and the coasts
[14:26] {Chaeron} and Dakotas...... HUGE oil supply we have yet....
[14:27] {Chaeron} oh and build refineries and nuclear plants
[14:27] {magoo} sorry chaer..in 3 pos here..look dcc
[14:27] {dino} yes
[14:28] {dino} they are drilling in my neck of the woods
[14:28] {dino} marcellous shale- gas
[14:29] {Threei} from yesterday:
[14:29] {Threei} [11:54] {Threei} KAZAKHSTAN BANS EXPORT OF OIL PRODUCTS AMID SOARING FUEL COSTS
[14:29] {Threei} you have one delayed news supply dino :)
[14:29] {Chaeron} and he pays good money for it too Threei
[14:30] {Threei} EIA'S CARUSO: SEES "SOME PROSPECT" OF NON-OPEC COUNTRIES SUPPLY INCREASE
[14:30] {Threei} hah... look at this:
[14:30] {Threei} SPENDINGPULSE: US WEEKLY RETAIL GASOLINE DEMAND -6.8% Y/Y
[14:31] {Threei} so, there is no really supply/demand problem, right?
[14:31] {Threei} demand is down,
[14:31] {Threei} supply is plentiful
[14:36] {magoo} cisq l break .50
[14:36] {Threei} watching DRYS for one more dibve and rebound
[14:36] {Threei} scary one, small shares
[14:37] {Threei} if doesn't lose .50 anymore, .80 break is long
[14:38] {Threei} stop under .50
[14:38] {Threei} if loses it wait for sharp selling
[14:38] {Threei} into 97 or lower
[14:39] {Threei} PEIX
[14:39] {Threei} HEARING BROADPOINT MAKE CAUTIOUS COMMENTS; MAINTAINS UNDERPERFORM RATING (TIMING UNCERTAIN)- Broadpoint says yesterday's Q1 results do not justify the 100% rebound in the stock over the last two days
[14:40] {Threei} you don't say
[14:40] {Threei} ok DRYS, bust through 98 please
[14:40] {Threei} an give usd 98.50 or so
[14:42] {Chaeron} sorry 3i... you in DRYS? did I miss?
[14:43] {magoo} where u in drys vad?
[14:43] {Threei} .81
[14:43] {dino} vrad
[14:43] {magoo} i 97.62
[14:44] {dino} missed
[14:44] {Chaeron} in .59 here..... quiet magoo
[14:44] {Chaeron} :)
[14:45] {Threei} nope
[14:45] {Chaeron} sigh
[14:45] {Threei} US SENATOR CONSIDERING BILL TO CURB LARGE COMMODITY INVESTMENT
[14:45] {Threei} huh?
[14:46] {Chaeron} number of contracts someone can trade??
[14:47] {Threei} no more "cornering cotton" for Jesse?
[14:47] {Chaeron} or silver for the Hunt Bros?
[14:49] {Threei} back in .49
[14:49] {Threei} stop under .30
[14:52] {dino} clr
[14:53] {Chaeron} scalped DRYS for +0.18
[14:53] {Threei} half out
[14:53] {magoo} which vad?
[14:54] {magoo} drys?
[14:54] {Threei} yes
[14:54] {Threei} .93 - .49 = ?
[14:54] {Chaeron} .59 - .77
[14:54] {Threei} still want it to break 98
[14:54] {Chaeron} I got out so it would go for sure Vad and Magoo
[14:55] {Threei} {DRYS} as if I care about what you want
[14:58] {Threei} sigh
[14:58] {Threei} probably needs to lose 97
[15:00] {Chaeron} done
[15:03] {Threei} PTEN .50 break long if stays above .40
[15:04] {Threei} OPEC"S EL-BADRI: MARKET HAS ENOUGH OIL, PRICE NOT RESULT OF PRODUCTION LEVEL, SPECULATION, USD WEAKNESS CAUSE OF HIGHER PRICES
[15:09] {dino} fstr l .75 stop .44
[15:17] {dptl} don't want to wake up but gotta go.......see ya all tomorrow have a good evening:)
[15:17] {Threei} take care dp
[15:18] {Threei} CSIQ
[15:18] {Threei} .90 break long if stays above .70
[15:20] {Chaeron} in .92
[15:20] {dino} cya dp
[15:21] {magoo} in .94
[15:22] {dino} sina sm l .35
[15:26] {Threei} feels like market spike is coming
[15:26] {Threei} and CSIQ should slice through 45
[15:28] {dino} speaking of slices, i could go for a slice of pie
[15:28] * Threei kicks CSIQ in the rear with heavy duty army boots
[15:28] {GeoArb} i just had cold slices of mango with stick ricy (thai takeout)
[15:28] {Threei} PIE too low volume dino
[15:29] {dino} nice
[15:31] {Threei} come on
[15:31] {Chaeron} maybe the sharp stick?
[15:31] * Threei pokes CSIQ with sharp stick
[15:32] {Threei} SOLF retreat kills it...
[15:32] {GeoArb} i have to say
[15:32] {GeoArb} russians trade pretty cruelly
[15:32] {GeoArb} cant you talk to it?
[15:32] {Threei} what kind of fun would that be?
[15:33] {Threei} nope... doesn't want to work
[15:35] {Threei} out, SOLF hard selling
[15:37] {Threei} SOLF earnings tomorrow before open
[15:38] {Threei} trades bervously as traders reposition
[15:40] {Threei} QTWW, my little beauty
[15:40] {Threei} out 2K more
[15:40] {Threei} 1K left
[15:41] {Threei} not too shabby move for $2 stock and 5K lot
[15:41] {dino} gj
[15:41] {Threei} ty
[15:42] {Threei} offering last portion at 2.17 and willing to hold if not resolving today
[15:45] {Threei} actually... cancel that
[15:46] {Threei} if it goes higher today, I want to sell it asomwhere above .20
[15:46] {Threei} and it has good chance to gap up tomorrow, 52 week highs on a small energy stock are likely to pop up on overnight scanners
[15:47] {Threei} either it's over .20 today or I am holding
[15:50] {Threei} oh great CSIQ
[15:50] {Threei} who needs you now
[15:52] {Chaeron} damn it
[15:52] {Chaeron} you had to show me after huh?
[15:52] {Chaeron} heheh
[15:52] {Threei} it's Geo's fault
[15:52] {Threei} he wanted me to talk to stocks
[15:53] {dino} fstr stop to .95
[15:53] {Chaeron} like they're a plant or something????
[15:53] {Threei} and my shrink warned me against that because when they start talk back to me, he is very concerned
[15:53] {dino} out fstr .99, +.24
[15:53] {Chaeron} at least your shrink talks to you.... lol
[15:53] {Chaeron} nice dino
[15:55] {dino} ty
[15:56] {Threei} look at CSIQ bid
[15:57] {Chaeron} *sigh*
[15:57] {Threei} real too
[15:57] {Chaeron} probably Roman
[15:59] {Threei} I seem to get in dino's pattern... decent morning, then no good afternoon
[15:59] {dino} y, i know what you mean
[16:00] {Threei} disgusting shakout CSIQ, then did just what it should
[16:00] {dino} darn sina, have to work it af
[16:01] {Threei} ok guys, thank you all
[16:01] {peterg} tks
[16:01] {Threei} have a good evening, see you tomorrow
[16:01] {dino} intu
[16:01] {fernp} thank you vad
[16:02] {magoo} good nite ty vad
[16:04] {dino} rrgb
[16:05] {judijim} good night and thank you