Jun 02 2008

Session Time: Mon Jun 02 00:00:00 2008

[08:02] {Threei} CPST
[08:02] {Threei} ANNOUNCES FIRST ORDER FOR NEW C1000
[08:31] {Threei} CSIQ
[08:31] {Threei} SIGNS $500M SUPPLY AGREEMENT WITH NEO SOLAR POWER- Under the terms of the new agreement, NSP will supply several hundred megawatts (MW) of solar cells through 2013
[08:32] {Threei} NKTR
[08:32] {Threei} POSITIVE DATA ANNOUNCED FOR NKTR-102 (PEG-IRINOTECAN), HIGHLIGHTS PROMISE OF NEKTAR'S INNOVATIVE SMALL MOLECULE PEG-ONCOLYTICS
[08:32] {Threei} NKTR interesting daily
[08:35] {Threei} 06/01/08 10:03pm Energy: FT reports that prices in the solar power industry could collapse
[08:43] {magoo} morn
[08:43] {Threei} magoo :)
[08:47] {magoo} news ACOR?
[08:47] {Threei} 06:00am [ACOR] Releases positive data from a second Phase III study of Fampridine-SR on the walking ability of people with multiple sclerosismore
[08:48] {magoo} good pre volume vad
[08:58] {magoo} ACOR very active vad, any read?
[08:58] {Threei} on such gap, no
[09:00] {Threei} FSLR sizeable hit
[09:03] {magoo} IMCL down..news?
[09:04] {Threei} 08:20am [IMCL] CEO: Erbitux trials were in patients with more severe illness than patients in Avastin trials -- TV interview
[09:05] {Threei} BEXP
[09:05] {Threei} ANNOUNCES VICKSBURG AND WILLISTON BASIN RED RIVER DISCOVERIES
[09:09] {fernp} good morning
[09:12] {Threei} fern :)
[09:20] {dptl} good morning all
[09:20] {Threei} dp :)
[09:21] {pita} gm everyone
[09:21] {Threei} pita :)
[09:21] {Threei} observing CPST battle
[09:21] {Threei} daily formed bull flag
[09:22] {Threei} break of 4 - 4.05 zone is an idea for entry
[09:23] {Threei} if loses 4.90, will have to re-evaluate
[09:23] {Threei} 3.90 sorry
[09:24] {_osbo} hi
[09:25] {Threei} osbo :)
[09:25] {Threei} QTWW is still on radar too
[09:27] {dino} gm all
[09:27] {Threei} dino :)
[09:28] {Threei} BEXP is trying
[09:29] {Threei} risky one
[09:29] {Threei} I'd like to see some consolidation on it first
[09:31] {Threei} let's try CPST 4.01 long with stop under 3.90
[09:32] {magoo} dont look BEXP
[09:32] {magoo} sigh
[09:32] {Threei} untradeable spike
[09:34] {Threei} drop closer to 15 if we are lucky
[09:34] {Threei} small shares if gives entry
[09:34] {Threei} volatility is a killer on it
[09:35] {magoo} yeah
[09:36] {Threei} WIND, another one of interest if pulls back
[09:37] {Threei} cpst invaliadated
[09:37] {magoo} look at RIMM vad
[09:37] {magoo} if IF mkt turns up
[09:38] {dino} abmd
[09:39] {Threei} 07:00am [ABMD] Receives 510(k) clearance from the FDA for Impella 2.5 device
[09:40] {Threei} FRPT
[09:40] {Threei} WINS STAY FROM NASDAQ DELISTING UNTIL SEPTEMBER 15, 2008
[09:42] {Threei} SBAC half lot long .50 if stays above .35
[09:45] {Threei} WIND worth a try here
[09:45] {Threei} .21 long
[09:45] {Threei} .09 stop
[09:46] {Threei} market can't find floor so far
[09:46] {dino} wants -200 dji
[09:48] {Roman} 21 BCON
[09:48] {Roman} 21 long
[09:48] {Roman} 21 1.97
[09:48] {Roman} 21 small
[09:51] {Threei} WIND invalidated
[09:52] {Threei} fuqi
[09:52] {dino} hrs
[09:55] {dino} hrs sm l .35
[09:55] {Threei} slow one, acts like salmon: RFMD
[09:56] {Threei} break of 4 on daily leaves it with no resistance for quite a while
[09:56] {Threei} 4.10 worth a try with stop under 4
[09:57] {Threei} what's got into ROYL
[09:59] {dino} athn
[10:00] {Threei} MAY ISM MANUFACTURING: 49.6 V 48.5E; PRICES PAID: 87 V 85.0E
[10:00] {Threei} APR CONSTRUCTION SPENDING M/M: -0.4% V -0.6%E
[10:02] {Threei} SEED
[10:02] {Threei} .75 long
[10:02] {Threei} stop under .60
[10:03] {Threei} WHITE HOUSE OFFICIAL: CLIMATE CHANGE BILL COULD CUT GDP BY AS MUCH AS 7% IN 2030
[10:03] {Threei} let's worry about that in 2029
[10:05] {esemde} I' am in....good morning. still struggling with log in. have to go to your webste Vad and take server number to log in in ...not automatic anymore
[10:05] {Threei} hi ese
[10:05] {Threei} enter it as a resreve server in your mirc
[10:05] {Threei} will be much faster
[10:06] {Threei} host experiences DNS problem, so have to log in with direct IP
[10:06] {esemde} what is mirc
[10:06] {Threei} this software we are in right now :)
[10:06] {esemde} ahhhh
[10:07] {Threei} File-Options-Connect-Add
[10:07] {esemde} Ok where do i find that
[10:07] {esemde} tks your fast
[10:07] {Threei} btw, IntelliScan users, everyone got e-mail?
[10:07] {esemde} yes
[10:08] {magoo} yes
[10:15] {Roman} 21 QTWW Quantum Fuel resumed with a Buy at Ardour Capital; tgt $4.50 (2.45 +0.02)
[10:15] {Threei} let's trail SEED to under .65
[10:15] {Threei} QTWW daily looks interesting if breaks .57
[10:15] {esemde} nice idea Vad sharing your scans....
[10:15] {esemde} tks
[10:15] {Threei} :)
[10:16] {Threei} Geo's idea
[10:17] {Threei} new 52 week highs will put QTWW in almost uncharted territory... last time it was above these levels was in 2006
[10:18] {Threei} XIDE
[10:18] {Threei} .25 half lot long
[10:18] {Threei} stop under17
[10:20] {judijim} gm everyone
[10:20] {Threei} come on XIDE, you can move
[10:20] {Threei} jj :)
[10:21] {dino} axys
[10:22] {Roman} 21 FEED
[10:22] {Roman} 21 long small
[10:22] {Roman} 21 15.53
[10:24] {Threei} BRCM
[10:24] {Threei} 28 breakdown short
[10:25] {Threei} .11 stop/invalidating level
[10:25] {Threei} .21 is better resistance but want to keep it tight, even at risk of being shaken out
[10:26] {Threei} off radar
[10:27] {Chaeron} good morning all
[10:27] {magoo} C babt:)
[10:27] {esemde} CcccccccHhhhhhhh baby
[10:28] {Threei} chaeron :)
[10:28] {Chaeron} heya mags, ese, Vadster
[10:28] {dino} hrs stop to .42
[10:28] {dino} out +.07
[10:32] {Roman} 21 GEOI
[10:32] {Roman} 21 wants over @9
[10:32] {Roman} 21 29
[10:33] {magoo} .
[10:33] {Threei} BEXP will never stop uh?
[10:33] {magoo} ..
[10:34] {magoo} vad server quick..quotes
[10:34] {Threei} neither will acor
[10:34] {Chaeron} whatcha need mags?
[10:34] {magoo} quote server??
[10:34] {magoo} im dead here
[10:34] {Threei} quotes off
[10:35] {Chaeron} yep
[10:35] {Threei} grr
[10:37] {dino} what do you guys need?
[10:37] {Threei} XIDE?
[10:37] {dino} bexp 17.50, hrs 55.25, rimm 136.40
[10:37] {hawkfan4} 16.98
[10:37] {hawkfan4} xide
[10:38] {Threei} ugh
[10:38] {dino} 17 xide
[10:38] {Threei} ty... and RFMD?
[10:38] {Chaeron} back on
[10:38] {Chaeron} 4.04
[10:39] {dino} 4.05
[10:39] {Threei} ok back here too
[10:39] {magoo} server??
[10:39] {Chaeron} #5 here
[10:39] {Threei} 3
[10:40] {magoo} ty
[10:40] {magoo} charts??
[10:40] {Chaeron} #3
[10:41] {magoo} ty guys
[10:42] {Chaeron} :)
[10:42] {dino} no problem man
[10:42] {dino} (as dino re-lives a jamaica trip)
[10:43] {Chaeron} I think XIDE invalidated
[10:43] {magoo} dino passes by with beads and braides in his hair
[10:43] {Chaeron} dino - shuddap.. :))
[10:44] {fernp} out JBL +.40
[10:44] {magoo} BEXP just has the feel vad
[10:44] {dino} irea mon
[10:45] {Threei} what was that on VVUS?
[10:46] {Roman} 21 out 1/2 FEED +.58
[10:46] {Threei} FEED works roman
[10:47] {Threei} nice one
[10:47] {Threei} I can't find squat so far
[10:47] {Roman} 21 still in SEED?
[10:47] {Threei} yeah
[10:47] {Threei} FEED helps it
[10:48] {Threei} not sure it has mojo
[10:48] {Threei} expected it to perform much better after taking big resistance
[10:50] {Threei} .50 loss short BEXP, half lot
[10:51] {magoo} now that scares me...
[10:51] {magoo} i like it long
[10:51] {Chaeron} in caxses like this magoo, do the opposite of what *I* do :)
[10:52] {magoo} what u gonna do?
[10:52] {Chaeron} I'm not tellin' :P
[10:52] {magoo} that makes it hard
[10:52] {Threei} use .75 as invalidating level
[10:53] {Threei} there... no need to be scared anymore :)
[10:53] {Roman} 21 long CSUN
[10:53] {Chaeron} I was trying for long at .76
[10:53] {magoo} feel much better now, TY
[10:53] {Roman} 21 1/3 size small 11.68
[10:53] {Roman} 21 SOLF, JASO, radar
[10:54] {Roman} 21 long ESLR
[10:54] {Roman} 21 10.08
[10:54] {Roman} 21 small
[10:55] {dino} athn sm l .10
[10:56] {magoo} BEXP risky..but feel 19 comith
[10:57] {magoo} not in
[10:57] {magoo} i will post if go
[10:57] {magoo} very RISKY
[10:57] {magoo} like trying to pluck tomatoe off end of vads kabob
[10:57] {magoo} while he holding it
[10:59] {Threei} in yet?
[11:00] {magoo} no
[11:01] {Threei} viscous market today
[11:01] {Threei} not my kind
[11:01] {magoo} thats the problem
[11:01] {magoo} mkt won't go
[11:01] {magoo} very weak market
[11:02] {magoo} my grandfather warren always said...go with your gut
[11:02] {magoo} u may know him
[11:02] {Threei} LDK
[11:02] {magoo} buffet?
[11:02] {Threei} .90 half lot long
[11:02] {Threei} this pullback will show the stop level
[11:03] {dino} lod's
[11:04] {Threei} QTWW honestly trying
[11:04] {dino} as opposed to?\
[11:05] {Threei} all those that just pretend to
[11:05] {dino} ahhh i knew you had a point
[11:07] {Roman} 21 ACPW Active Power announces China Utility selects eight powerHouse systems from Active Power (1.46 +0.06)
[11:07] {Roman} 21 big new fo ACPW
[11:07] {magoo} dubya on cnbc..seems confused lol
[11:07] {Roman} 21 in 1.70
[11:07] {magoo} l aapl here .77
[11:08] {magoo} small..stop lod
[11:10] {Roman} 21 long GLBL
[11:10] {Roman} 21 17.39 , slow
[11:11] {Threei} finally SEED
[11:11] {magoo} out here .01
[11:11] {magoo} + .34
[11:12] {Threei} wtg
[11:12] {Threei} out SEED .90
[11:12] {magoo} has more but heh..scalpin
[11:15] {magoo} LDK invalid vad?
[11:15] {dino} avan
[11:16] {Threei} yeah
[11:16] {Threei} scalped CSUN, ty Roman
[11:16] {Threei} AVAN
[11:16] {Threei} EXTENDS SURVIVAL BY 33.1 MONTHS, DBL TIME IT TAKES FOR TUMOR TO REGROW
[11:18] {magoo} l bexp .30 if gets there RISKY..too appx. .9123246
[11:18] {magoo} needs to trigger..scary on pullbacks
[11:19] {Threei} sheesh AVAN
[11:19] {dino} top?
[11:20] {Chaeron} I feel as though the trades are all passing me bye, pointing and laffing as they go...
[11:20] {dino} v sm waiting at 22.40 for now
[11:20] {Chaeron} by... sorry Raven... too fast fingers
[11:20] {dino} me too chaer
[11:20] {magoo} vad too
[11:21] {dino} everything feels a bit off today
[11:21] {magoo} vad..AVAN avail short just in case
[11:21] {Threei} true dino
[11:21] {Threei} those that move don't give clean entries
[11:21] {Threei} and those that show setups don't move
[11:22] {dino} y
[11:22] {Threei} Monday hangover
[11:22] {dino} i have 6 orders floating out there, nothing hitting
[11:22] {magoo} i have 6 stops out there..all vads
[11:23] {Threei} here is today's market:
[11:23] {magoo} KIDDING {just want my trout}
[11:23] {Threei} http://realitytrader.com/vad/Mondays-Suck-Video.wmv
[11:25] {Threei} good news
[11:25] {Threei} Google finance has real time quotes now
[11:25] {magoo} funny video vad
[11:25] {Threei} we may stop trading off 15 minutes delay
[11:25] {Threei} http://googlefinanceblog.blogspot.com/2008/06/nasdaq-quotes-go-real-time-on-google.html
[11:29] {dino} gifi
[11:30] {Threei} BRCM 28 short would have worked if I didn't overtighten invaliding level
[11:30] {Threei} day of missed opportunities, today is
[11:31] {dino} indeed
[11:32] {dino} whats w/gifi?
[11:32] {magoo} well..day is still young
[11:32] {Threei} nothing fresh GIFI
[11:32] {magoo} lotsa time to miss lots more
[11:32] {Threei} lol
[11:32] {dino} lol
[11:33] {magoo} l aapl .50
[11:33] {dino} magoo, forever the optimus (not)
[11:33] {magoo} small
[11:33] {magoo} stop .11
[11:33] {dino} optimist
[11:35] {magoo} i am what i am..just a man..doing best i can
[11:35] {Threei} magoo doing poerty is last thing I hoped to see
[11:36] {magoo} waiting on aapl @ 187.11
[11:36] {dino} popeye
[11:36] {magoo} no..last thing u want to see is magoo doing porno he he
[11:37] {Threei} even mental image of that burns my retina
[11:37] {dino} here comes the -200
[11:38] {dino} cx avan short order, sometimes i expect too much
[11:38] {pita} later all
[11:38] {Threei} take care pita
[11:40] {magoo} bye pita
[11:40] {Threei} ever seen 40 cents spreadon $2 stock?
[11:41] {Threei} EDEN
[11:43] {magoo} aapl hits 2:1..u on your own...i still in it
[11:47] {Threei} VLNC woke up a bit today
[11:47] {Threei} had news earlier, I hesitated about it because none of this small ones moved
[11:47] {Threei} didn't want to get stuck in one more
[11:48] {Threei} look at QTWW... new 52 week highs, perfect daily, news... and it barely moved
[11:48] {Threei} in the right sector too
[11:48] {Threei} ENER
[11:48] {Threei} UNITED SOLAR OVONIC EXPANDING -- EXPECTS TO ADD 400 JOBS IN GREENVILLE, MICHIGAN
[11:50] {Threei} Roman is about the only bright star in the sky today
[11:50] {magoo} i hit a couple
[11:50] {magoo} scalpers
[11:51] {Threei} sure did
[11:51] {Threei} but I ignore you, you know that, right?
[11:51] {magoo} oh right :)
[11:51] {Threei} :)
[11:56] {Threei} RIMM long here with stop under .70
[11:58] {dino} lol
[11:59] {Threei} 1:1 in a hurry
[12:01] {Threei} QTWW new high, full cents higher than old high
[12:01] {Threei} with such blazing speed it risks to burn its skin to blisters
[12:02] {hawkfan4} lol
[12:03] {Threei} wow... magoo, look what stock I found
[12:03] {Threei} MAGS
[12:04] {magoo} AWESOME..u can buy stake in me
[12:04] {Threei} you've got nice chart but lousy volume
[12:04] {magoo} thats what my wife tells me
[12:04] {Threei} be a doll and trade half mil, will ya
[12:05] {Threei} look at little engine that could
[12:05] {Threei} QTWW I mean
[12:05] {Threei} bravely made another cent
[12:07] {Threei} RIMM 1:2 almost
[12:07] {Threei} out .27
[12:07] {Threei} +.36
[12:07] {Threei} irony aside... just how anemic market ought to be to ignore all the factors in QTWW
[12:08] {Threei} in any kind of more or less active market I would expect this thing to be closer to 3 already
[12:16] {Threei} JRCC, small shares long if stays above 40 and takes 40.15
[12:19] {Threei} not likely to hold
[12:19] {Threei} but if does, has real power
[12:20] {dino} cme 404,
[12:20] {Threei} in
[12:20] {Threei} .95 stop
[12:21] {Threei} showed nice determination taking all those offers, gotta respect that
[12:21] {Threei} hopefully can take .20 too
[12:21] {magoo} where u in? .15
[12:21] {Threei} got patials, .10, .14 and .15
[12:21] {magoo} k
[12:21] {Threei} there were hidden orders I guess
[12:22] {magoo} probably roman :)
[12:22] {Threei} come on JRCC, be finally one that works for real
[12:25] * Threei pokes JRCC with sharp stick
[12:27] {Threei} like poking amoeba
[12:29] * Threei kicks JRCC in the rear with steel-toed heavy duty army boots
[12:29] {dino} poking and amoeba should not be in same sentence
[12:29] {Chaeron} lost carrot from last week?
[12:29] {Threei} ok... let's try that
[12:29] * Threei dangles a carrot in front of JRCC's nose
[12:32] {Threei} does its amoeba-like shape prevents me from telling where the nose is vs rear?
[12:34] {Threei} now now JRCC... don't look baack anymore
[12:35] {dino} lod
[12:35] {Threei} sheesh... sudden market drop stoped it just when it was ready
[12:35] {Threei} S&P CUTS INVESTMENT BANK RATINGS INCLUDING MERRILL, LEHMAN AND MORGAN STANLEY
[12:35] {Threei} this is what send market down IMO
[12:36] {Threei} look aat MER and LEH
[12:38] {dino} -200
[12:39] {Threei} sigh
[12:39] {Threei} stopped JRCC
[12:39] {Chaeron} blame S&P... they could have waited a few more minutes...
[12:40] {Threei} or we should have taken 1:1
[12:40] {Threei} but heck, didn't this thing have all the markings of a real runner
[12:44] {dino} 12440 support area 1948 ndx
[12:48] {Threei} ACOR short small shares .55, .75 stop
[12:48] {dino} sm l avav .41
[12:49] {Threei} LEH half lot short.15
[12:49] {Threei} stop .35
[12:49] {Threei} too fast LEH?
[12:50] {Threei} or someone managed to get it?
[12:50] {magoo} not i
[12:50] {Chaeron} nor I
[12:50] {Threei} cut through tirgger too quickly
[12:51] {Threei} 0ver 50 cents drop...
[12:54] {dptl} ah...stopped acor
[12:54] {Threei} did it trigger?
[12:55] {Threei} I must have missed it with LEH
[12:55] {dptl} .77 trades went off
[12:55] {Threei} no, I mean trigger on entry
[12:56] {dptl} yes got .54
[12:56] {Threei} one of those days
[12:56] {dptl} yeah...i am having really bad day
[12:57] {Threei} not a first time... and you always recovered and made some
[12:58] {dino} ksws s .52
[13:00] {Threei} ese, look dcc please
[13:02] {Threei} market reacts on financials news as if it was a surprise
[13:03] {Threei} like anyone in their right mind thought everything was fine in fancial sector
[13:03] {Threei} financial
[13:04] {dino} ksws stopped -.25
[13:08] {Threei} MER new lows
[13:08] {Threei} LEH stabilized so far
[13:09] {Threei} better bounce candidate
[13:13] {dino} ipi sm l .55
[13:14] {Threei} Roman, still in CSUN?
[13:15] {Roman} 21 no
[13:15] {Roman} 21 out
[13:15] {Threei} OK... moved nicely after all
[13:19] {Threei} LEH pullback worth long try
[13:22] {Threei} first strength from here
[13:23] {Threei} in .91
[13:23] {Threei} stop under .80
[13:24] {Threei} out half +.12
[13:24] {Threei} stop ro .88
[13:24] {Chaeron} I took +.14 scalp... many thanks for LEH
[13:24] {Threei} welcome
[13:25] {Chaeron} in .93 - out .07
[13:28] {Threei} MER .15 long if stays above 42
[13:30] {Chaeron} heck
[13:34] {Threei} S&P: RETIRING OLD ANALYTICAL MODEL, WILL NOW CONCENTRATE ON RISK BASED CAPITAL ANALYSIS
[13:34] {Threei} what did they concentrate before on?
[13:37] {Threei} interesting... LEH drops alone this time
[13:37] {Threei} MER is holding, market too
[13:37] {Threei} are they in the race now "who is next BSAC"?
[13:38] {magoo} BEXP interesting
[13:38] {Threei} wou;dn't you expect JPM to go up on all this, since they are likely to buy next failed bank for $3? {G}
[13:40] {Threei} MER is valid again, IMO
[13:40] {magoo} in aggressive .12
[13:40] {Threei} lol
[13:40] {Threei} me too
[13:41] {hawkfan4} me three
[13:41] {magoo} chaer??
[13:41] {Threei} uh oh
[13:42] {Chaeron} not me - dang phone
[13:43] {dptl} stop 42?
[13:43] {Threei} under
[13:43] {dptl} ok
[13:43] {Threei} it tagged .95 on last pullback
[13:43] {Threei} so it's either .99 or .94 now
[13:43] {Threei} depending on your entry, position size and risk tolerance
[13:45] {Chaeron} mer long @ .15?
[13:45] {Threei} magoo... you decide
[13:47] {magoo} huh?
[13:47] {Threei} let chaeron in or not
[13:47] {magoo} alright..let him know
[13:47] {magoo} been weird day..who knows
[13:47] {Threei} chaeron... magoo said yes
[13:48] {magoo} may help
[13:48] {Threei} what do you know... it did
[13:52] {Chaeron} I miussed
[13:52] {Chaeron} I am so mad... phone
[13:52] {Chaeron} too late?
[13:52] {Threei} don't chase
[13:52] {Threei} chart looks good but this is very liquid situation
[13:52] {Threei} MER is in the middle of hot battle
[13:53] {Threei} anything can happen here
[13:54] {Threei} for .12 entry 1:1 here
[13:55] {Threei} FED'S LOCKHART: CURRENT STANCE ON POLICY IS APPROPRIATE, BALANCED FOR RISKS, FED MUST BE FLEXIBLE WITH RATE STANCE - Q&A
- Policy must be flexible to repond to developments, either on the ground or inflation.
[13:55] {Threei} - There is no doubt that the weaker dollar has helped US exports, raised commodity prices.
[13:55] {Threei} - Sees US economic growth below 2.5-3.0% in 2009, growth in 2009 will be higher than H208 but below potential.
[13:55] {Threei} - Libor can continue to seve the market well, libor is a vital part of the financial system.
[13:59] {magoo} .
[14:00] {Chaeron} sigh
[14:00] {magoo} i said u could go with us
[14:01] {Chaeron} I couldn't get
[14:02] {Chaeron} I hate my phone toiday
[14:02] {Threei} me out at .40
[14:03] {Threei} magoo, hawk... you still in?
[14:03] {hawkfan4} yes
[14:03] {Threei} brave soul
[14:04] {Threei} dp?
[14:04] {dptl} still in
[14:04] {magoo} me too
[14:04] {Threei} good luck guys... my scalper's blood is boiling
[14:05] {dino} avav stop to .81
[14:08] {hawkfan4} out .54, thx Vad
[14:08] {Threei} sheesh you guys... 40 cents is not enough for you to take partial at least?
[14:08] {Threei} whew
[14:08] {dino} pigs
[14:09] {Threei} looking at its chart today, is it reasonable to expect it to recover all the way to 43?
[14:09] {Threei} stranger things happened of course
[14:09] {_rant} any read on FMCN ?
[14:10] {Threei} FMCN is weither short on 38 breakdown or long on 38.15 breakout
[14:10] {Threei} small shares in any case
[14:10] {Threei} volatile one
[14:10] {_rant} thx
[14:10] {_rant} ya...it is
[14:10] {Threei} sure... be careful with it
[14:10] {_rant} huge short interest
[14:10] {Threei} capable of hurting bad
[14:11] {_rant} mkt seems to be done with selling..i guess
[14:11] {Threei} looks this way
[14:11] {magoo} still in
[14:11] {Threei} mags, dp, you have over 60 cents profit
[14:11] {Threei} do I have to trout you to protect some?
[14:11] {magoo} out .67 TY
[14:12] {Threei} too late
[14:12] * Threei slaps magoo around a bit with a large trout
[14:12] {Threei} I already decided to trout you
[14:12] {Threei} but welcome :)
[14:12] {Chaeron} nice job magoo... I'll have to sit out more often
[14:12] {magoo} i got in .12 w/u
[14:12] {Threei} cut that cord chaeron
[14:13] * Threei slaps dptl around a bit with a large trout
[14:13] {dptl} offering 43.15
[14:13] {Threei} eeck
[14:14] {Threei} are you trying to recover previous stops all in one swoop?
[14:14] {dptl} traling under .50
[14:14] {Threei} OK, if trailing then valid way to play it
[14:15] {Threei} I withdraw my objections
[14:15] {Threei} but not trouting
[14:15] {dino} avav stop to .92
[14:15] {Threei} nice one dino
[14:16] {dino} ty
[14:16] {dino} nobody pays attention anymore, :)
[14:16] {Threei} I do
[14:16] {Threei} I just pretend not to
[14:16] {dino} lol
[14:16] {dino} see, bruce would
[14:16] {Threei} just to maintain an image of generally not very nice man, you know
[14:17] {dino} take it to .99
[14:17] {Threei} LEH followed the path of recovery too but I was hesitant on it
[14:17] {Threei} didn't like how it dropped while MER and market overall stopped making new lows
[14:18] {Threei} ROYL... very scary thing,
[14:19] {Threei} as it pulls back into .50 resistance those who are seriousl adrenalin deprived may consider an entry
[14:19] {Threei} sorry, .50 support
[14:20] {dino} ncoc
[14:23] {dptl} ahh out .50 mer ty
[14:24] {Threei} welcome
[14:24] {dino} gj
[14:24] {Threei} with LEH and MER plays, did we minimize damage?
[14:25] {dino} avav tighten to .13
[14:25] {Threei} too bad that LEH short got away.... was pure beauty
[14:26] {dino} ath stop to .40 all day
[14:29] {dino} to .58
[14:31] {dino} avav to .31
[14:31] {magoo} anyone hit ROYL?
[14:31] {Chaeron} not my type of spread... thanks tho
[14:32] {dino} out avav .35 ave. +.94
[14:33] {Threei} wtg
[14:33] {dino} lucky
[14:33] * magoo slaps dino around a bit with a large trout
[14:33] {dino} should've caught me on tight stop sooner
[14:34] {Threei} LEHMAN MAKING CAUTIOUS COMMENTS ON SOLAR NAMES- Cautions on companies with strong Spanish business due to the possible ramifications of new Spanish legislation inhibiting MW growth.{SOLF CSIQ STP YGE}
[14:34] {dino} out athn .63 +.53
[14:34] {Threei} CFC?
[14:35] {Threei} asnyone sees any news?
[14:36] {hawkfan4} 14:32 CFC Countrywide: BAC CEO Lewis affirms Countrywide purchase - Bloomberg (5.40 +0.14)
[14:36] {Threei} ty, not on my wires
[14:36] {dino} 8/15 expected close date 6.11/sh
[14:37] {Threei} 6.11 cash?
[14:38] {dino} bac no .1822
[14:38] {Threei} here is from earlier todasy:
[14:38] {Threei} [BAC] Bank of America Corp CEO: Sees no reason for dividend cut, has no interest in buying investment bank, sees no need for strategic acquisitions at this time
[14:38] {Threei} - Notes sees current credit crunch better than 1973-1974
[14:38] {Threei} - Affirms CFC purchase if markdowns are accurate, notes that CFC has better technology
[14:39] {Threei} so it's still conditional and tied to BAC price
[14:39] {Threei} tough to play
[14:40] {Threei} ROYL start looking like momo resumption, mags
[14:41] {Threei} 7.90 - 8 area if taken can send it anywhere
[14:41] {Threei} to 9 or to 7
[14:41] {Threei} make your pick
[14:45] {Threei} rant, nice scalp if you shorted FMCN
[14:45] {Threei} 1:2 easy
[14:57] {Threei} LULU earnings after closer
[14:58] {Threei} ACOR
[14:58] {Threei} CEO: APPROVAL OF FAMPRIDINE WOULD TRANSFORM COMPANY- says drug sales could finance research on other multiple sclerosis-related drugs, two newer drugs have repaired nerve insulation in animals
[14:59] {Threei} if QTWW closes around here, going to take it home
[14:59] {Threei} could turn into swing trade
[15:00] {magoo} is LULU the crazy one?
[15:00] {Threei} yes
[15:00] {Chaeron} well named
[15:01] {Threei} LOL!!!
[15:01] {Threei} look at this
[15:01] {Threei} MER
[15:01] {Threei} HEARING DEFENDED AT LEHMAN BROTHERS (TIMING UNCERTAIN){MS}
[15:02] {Threei} now I am waiting for MER defending LEH, and after that I will be able to say "now I've seen it all"
[15:07] {Threei} CSUN spiking
[15:10] {Threei} CSUN
[15:10] {Threei} CREDIT SUISSE DISCLOSES 15.7% STAKE PASSIVE STAKE, UP FROM 2% REPORTED IN MARCH - FILING
[15:14] {Threei} LEH daily looks like catastrophe in the making
[15:14] {magoo} short setup?
[15:15] {Threei} hard to tell
[15:16] {Threei} nothing really on intraday
[15:18] {Threei} let's keep an eye on both of them tomorrow
[15:18] {Threei} LEH andf MER
[15:19] {Threei} less interested in MS
[15:20] {Threei} JPM maybe short tomorrow if consolidaates close to 41.60 and breaks down
[15:22] {Threei} why am I stuttering on a all the time
[15:23] {magoo} ?
[15:23] {Threei} consolidaates
[15:24] {Threei} LEH is really the weakest in the group
[15:24] {Threei} probably will be our main target among financials tomorrow
[15:25] {Threei} unless I forget
[15:26] {Chaeron} I'll remind you
[15:27] {Threei} thank you
[15:27] {Threei} (providing you don't forget)
[15:27] {magoo} LOOK at qqqq chart
[15:28] {Threei} ?
[15:28] {magoo} as in upward
[15:29] {Threei} ugh... CSUN waoke up
[15:31] {_Kazaam} vad, can trial members ask questions?
[15:31] {Threei} can? they must
[15:31] {Threei} :)
[15:32] {_Kazaam} thanks : )
[15:32] {magoo} isn't that a question? lol
[15:32] {Threei} sure
[15:32] {Threei} lol
[15:32] {_Kazaam} heh
[15:32] {Threei} we are fairly democratic bunch
[15:32] {Threei} except magoo
[15:32] {Threei} he is dictator
[15:32] {dino} slap him
[15:32] {Threei} nope
[15:32] {Threei} he loves it too much
[15:33] {magoo} c'mon....i dare ya
[15:34] {dino} double dog dare
[15:34] {_Kazaam} is the basic screening method for finding tradable stocks to watch the news? or do you guys trade the same basket of stocks everyday?
[15:34] {Threei} 3 things
[15:34] {Threei} 1. Usual suspects
[15:34] {Threei} those that we know to move nicely and have usually a read on
[15:34] {Threei} RIMM, AAPL, at some point BRCM and NVDA
[15:35] {Threei} 2. news-imapcted ones that get activity
[15:35] {Threei} and most broad group is those found by scanner
[15:35] {Threei} Scanner is tuned for our most traded setups
[15:35] {Threei} so it spits them out
[15:35] {Threei} we pick those that look good
[15:36] {Threei} thrid group provides mosr plays
[15:37] {_Kazaam} were the LEH and MER plays based on News? or scanner?
[15:37] {Threei} news
[15:37] {Threei} that credit downgrade is a biggie
[15:37] {Threei} financial sector is very vulnerable
[15:38] {Threei} and this kind of news was sure to bring activity
[15:38] {_Kazaam} there is so much news, do you filter it or do you just watch it all?
[15:38] {Threei} filtering mentally
[15:38] {dino} less is more
[15:38] {_Kazaam} gotcha
[15:39] {_Kazaam} thanks
[15:39] {dino} layn spike
[15:39] {Threei} trying to pick only those items that are focused in hot sectors,
[15:39] {Threei} mention known to move symbols,
[15:39] {Threei} contain potentially big news
[15:40] {Threei} CSUN news for instance matched all three criterias
[15:40] {Threei} known name, hot sector, nice news
[15:41] {Threei} overall however, less than stellar day for us
[15:41] {Threei} somehow it must be magoo fault... not sure how
[15:41] {_Kazaam} thanks for the detailed rundown, has it been a breakeven day for most?
[15:41] {Threei} I personally am slightly in the red
[15:41] {Chaeron} don't know how I did it but netted -$1.00 before commish
[15:42] {Threei} and holding QTWW slightly in the money
[15:42] {Threei} will see if it brings me joy and happiness tomorrow
[15:42] {dino} black here but only 5 trades
[15:42] {Chaeron} nice ones tho dino :)
[15:43] {_Kazaam} one average how many trades do you guys take a day?
[15:43] {Threei} who cares how many trades dino... profitable on one beats losing on 15 :)
[15:43] {dino} ty lucky
[15:43] {dino} missed layn short
[15:43] {Threei} hmm... not sure... really depends on market activity
[15:43] {Threei} I'd say anywhere from 3-5 to 10-15
[15:43] {dino} me, 10
[15:44] {magoo} not good to overtrade..odds work against you
[15:44] {Threei} JRCC, what a disgusting way to shake us out, then explode
[15:44] {Threei} look at it
[15:44] {Threei} no, better don't
[15:45] {magoo} gggggrrrrrrrrrrrrrrrrr
[15:47] {Threei} QTWW trying high again
[15:48] {Threei} cute little bugger
[15:49] {Threei} ok ROYL... let's do it
[15:49] {Threei} cut through 8, will ya
[15:50] {dino} mdvn l .56
[15:50] {Threei} out 8.20
[15:51] {magoo} nice one dav:)
[15:51] {Threei} you mags?
[15:51] {magoo} oyut
[15:51] {magoo} TY
[15:51] {Threei} :)
[15:51] {Threei} wasn't easy one by any means
[15:51] {Threei} but it's your kind
[15:52] {magoo} is it magoo or was today REAL work?
[15:52] {_rant} who is buyin at these levels :)
[15:52] {_rant} up 40%
[15:52] {Threei} those to whome we sell
[15:52] {Threei} (happily)
[15:52] {magoo} some would say "smart money" buys into bell
[15:53] {Threei} certainly was tough to read day mags
[15:53] {Threei} ROYL too me in black
[15:53] {Threei} tok
[15:53] {Threei} took
[15:53] {magoo} me too vad
[15:53] {Threei} there... just a third attempt, and I get 4-letts word right
[15:54] {magoo} took all day to get there
[15:54] {Threei} yeah, early stops were like ballast on the feet
[15:55] {Threei} but heck... as long as put emotions in the back pocket and trade valid setups, things normalize sooner or later
[15:55] {Threei} losses go in clusters sometimes
[15:55] {Threei} instead of being evenly distributed
[15:56] {_rant} still flying
[15:56] {_rant} wow
[15:56] {Threei} QTWW new 1 cent-high
[15:56] {_rant} i had a lousy day..one of those days..where all trades were missed
[15:56] {Threei} it happens
[15:57] {_rant} no action..
[15:57] {Threei} don't let it become an emotional luggage
[15:57] {magoo} it was a tough day..tomorrow will be better..i vcan feel it
[15:57] {Threei} focussing on these things tends to create mental monsters
[15:57] {Threei} that eat you from inside
[15:57] {_rant} ya...forcing me to make mistakes
[15:57] {_rant} and break my own trading rules
[15:58] {Threei} hold on... lousy day meant you haven't gotten any trades?
[15:58] {_rant} ya
[15:58] {_rant} no trades at all
[15:58] {Threei} come on
[15:58] {_rant} just kept waiting and waiting
[15:58] {Threei} beats getting stopped too many times
[15:58] {_rant} :)
[15:58] {Threei} now, why missing them?
[15:58] {_rant} true
[15:58] {Threei} software too slow? you are too hesitant?
[15:58] {_rant} probably waitin for better price
[15:58] {_rant} hesistant...
[15:59] {Threei} setup has trigger...
[15:59] {Threei} trigger is hit, get in
[15:59] {Threei} I unerstand sometimes entry is a bit fuzzy
[15:59] {Threei} like when I say "first strength from here"
[15:59] {Threei} or "as close to ... as possible"
[16:00] {Threei} but when there is a defined trigger, like ".15 long is stays above ..."
[16:00] {_rant} i m normally skeptic when the mkt falls 200pts
[16:00] {Threei} just get it
[16:00] {_rant} coz most of my trades are short entry...
[16:00] {magoo} oh..no trades not lousy day...i thought u meant down hard
[16:00] {_rant} no action day...
[16:00] {Threei} yeah, my first thought too
[16:00] {magoo} dino says"any day up good day"
[16:00] {dino} flat or up is good imo
[16:00] {_rant} no thrill :)
[16:00] {Threei} ahhh
[16:00] {Threei} thrill
[16:01] {dino} lulu blood
[16:01] {Threei} REPORTS Q1 $0.12 V $0.12E, R$78.2M V $71.8ME
[16:01] {magoo} LULU tankage
[16:01] {_rant} big time
[16:02] {Threei} don't see guidance yet
[16:02] {_rant} spread is dangerous
[16:02] {Threei} well... it's lulu LEMON
[16:03] {dptl} have a good evening all
[16:03] {Threei} take care dp
[16:03] {Threei} thank you all
[16:03] {Threei} have a good evening
[16:03] {Threei} see you tomorrow
[16:03] {magoo} TY vad, nite all
[16:04] {_Kazaam} thanks, bye
[16:04] {_rant} thanks vad..
[16:04] {Threei} you too QTWW... may you open at 10
[16:05] {Threei} there you go LULU... guidance .68 - .71 vs .74 consensus
[16:05] {magoo} some leak it??
[16:07] {fernp} Thank you for everything Vad. See you tomorrow.
[16:21] {dino} gn all
[16:28] {judijim} Take good care, be back tomorrow

Fri May 30 2008

Session Time: Fri May 30 00:00:00 2008

[08:31] {Threei} APR PCE CORE M/M: 0.1% V 0.1%E; PCE CORE Y/Y: 2.1% V 2.1%E; PCE DEFLATOR Y/Y: 3.2% V 3.1%E
[08:31] {Threei} APR PERSONAL INCOME: 0.2% V 0.1%E; PERSONAL SPENDING: 0.2% V 0.2%E
[08:31] {Threei} what crisis?
[08:42] {hawkfan4} i'm just glad i didn't hold any solar stocks short overnight. FSLR up 20
[08:43] {Threei} this is simply indecent
[08:44] {Threei} I am deeply resentful of your behavior
[08:45] {hawkfan4} no, i'm not in, i just think the move is crazy, but i didn't touch it. just an observation
[08:45] {Threei} ah
[08:46] {Threei} sorry, misread... thought it was "didn't sell"
[08:46] {magoo} morning
[08:46] {Threei} magoo
[08:47] {magoo} how'd u like mad scan vad?
[08:49] {Threei} I don't
[08:50] {Threei} let me rephrase
[08:50] {Threei} it's trying to do practically the same my current tools do but so far it's inferior to them
[08:51] {Threei} so I see no reason to switch at this point in time
[08:51] {magoo} cool
[08:51] {magoo} now, why FSLR gapping 18 points?
[08:51] {magoo} also csiq +2
[08:52] {Threei} Germany cuts to subcides are not that bad as feared
[08:52] {magoo} sigh
[08:52] {magoo} now this is truth
[08:53] {Threei} why does it make you sad?
[08:53] {magoo} all mornin g im thinking "250 has supported fslr" and it may go 20 points today..
[08:53] {magoo} walk in and therfe it it
[08:53] {magoo} problem is now the trades gone
[08:54] {Threei} and if Germany decided it doesn't want to support solar industry with taxpayers money that heavily... it would be 30 points lower by now
[08:58] {magoo} i just get these weird feelings..all morning i was tthinking buy 100 sh and ride it
[08:58] {magoo} didn't want to overnite it
[09:02] {magoo} MRVL nuts vad..news?
[09:03] {Threei} good earnings and guidance, bunch of upgrades
[09:03] {Threei} those that have targets assigned 22
[09:06] {GeoArb} gm
[09:06] {Threei} Geo :)
[09:10] {dino} gm all
[09:10] {Threei} dino :)
[09:14] {fernp} good morning
[09:14] {Threei} fern :)
[09:16] {magoo} jcg down 8..news
[09:19] {Threei} guidance is not good, downgrades
[09:19] {magoo} ty..making u work this a,m
[09:25] {Threei} keeping an eye on SATC
[09:25] {Threei} never gave pullback yesterday
[09:26] {pita} morning everyone
[09:26] {Threei} pita :)
[09:27] {_osbo} HI
[09:27] {dptl} good morning all
[09:27] {Threei} morning osbo
[09:27] {Threei} dp
[09:28] {Threei} oh, and before trading started... magoo, I got e-mail from Bruce and he asked me to do this
[09:28] * Threei slaps magoo around a bit with a large trout
[09:28] {magoo} ROFLOL
[09:28] {Threei} Trout Magoo for me.
[09:28] {Threei}
[09:28] {Threei} Regards
[09:28] {Threei}
[09:28] {Threei} Bruce
[09:28] {magoo} how is bruce?
[09:28] {magoo} tell him i miss him
[09:29] {Threei} will do
[09:30] {magoo} ty
[09:31] {Threei} JASO big jump out of the gate
[09:31] {Threei} really don't want to chase solars that far
[09:32] {Threei} prefer to wait for pullback and clean setup
[09:32] {magoo} cSIQ pulls back out of gate
[09:33] {Threei} SOLF 21.20 - .30 area to watch for support
[09:34] {Roman} FRPT
[09:34] {Roman} long 4.10
[09:35] {dino} tell bruce hello
[09:36] {Roman} SOL
[09:36] {Roman} tup
[09:36] {dino} dji neg.
[09:39] {Threei} SOLF long with stop under 21.10
[09:39] {Threei} wait for strength to appear
[09:41] {dino} oih dropping
[09:45] {Roman} JRJC again
[09:48] {magoo} got .27 SOLF
[09:48] {Threei} if you took SOLF, consider half out at least here
[09:48] {Threei} and probably take whole
[09:48] {Threei} too sharp spike
[09:48] {dptl} out solf +.20 ty
[09:48] {Threei} :)
[09:48] {magoo} out .69 TY
[09:48] {Threei} wtg
[09:49] {Threei} .10 held perfectly
[09:49] {magoo} oops.59
[09:49] {hawkfan4} beauty
[09:49] {pita} +.31 ty
[09:49] {Threei} good job guys
[09:49] {Threei} wasn't very easy t7rade as entry had to be discretionary
[09:49] {_tangrick} TY
[09:49] {Threei} tangrick :)
[09:50] {Threei} I wish I could give exact entry every time but sometimes it's conditional and/or fuzzy
[09:51] {magoo} long rimm .50
[09:51] {magoo} sorry
[09:51] {magoo} late over 140feels like
[09:53] {magoo} aapl going 189 too
[09:54] {_rant} coco
[09:54] {Threei} ENER starts looking like one of those that never stop
[09:55] {dino} cedc sm l .00
[09:55] {magoo} in aapl .50
[09:55] {GeoArb} the ironic part is AMAT had good news today
[09:55] {Threei} MAY FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 59.8 V 59.5E
[09:56] {Threei} grrr
[09:56] {Threei} prepared XIDE alert .73 long, and changed my mind
[09:57] {magoo} engage maverick..{vad} engage
[09:58] {magoo} stopped aapl .99
[09:58] {magoo} mkt killed it
[09:59] {magoo} -.51
[10:00] {Threei} FRED
[10:01] {Threei} long with stop under .35
[10:01] {Threei} .48 - .50 trigger
[10:01] {magoo} don't forget warrants ALFRED lol
[10:02] {magoo} FREDRIK
[10:03] {Threei} CSUN trying
[10:03] {Threei} .15 worth a try, risky
[10:03] {Threei} stop under .95
[10:04] {Threei} invalidated
[10:04] {GeoArb} not much movement this friday
[10:04] {GeoArb} scanners already slowing down
[10:06] {dino} cedc stop to .97, mkt not helping
[10:07] {magoo} u kidding?huge movemt
[10:07] {magoo} throw a dart
[10:07] {GeoArb} where where
[10:07] {Threei} rant, see dcc
[10:07] {GeoArb} chrw
[10:07] {dino} stopped cedc -.06
[10:08] {magoo} problem i see is whippy..scalpers friday
[10:09] {GeoArb} SHLD tanking away
[10:09] {dino} was just looking at that
[10:09] {magoo} need mkt to resolve UP
[10:09] {GeoArb} so is SHLD salmon as per def vad?
[10:10] {dino} jcg getting interesting
[10:10] {magoo} l aapl now .45
[10:11] {Threei} yes geo
[10:11] {magoo} going over 189 RISKY
[10:11] {dino} no shld is death, really bad report
[10:11] {magoo} mneeds mkt
[10:11] {magoo} small and .99 stop
[10:12] {GeoArb} hehehe no salmon......rock dropping against upcurrent
[10:13] {dino} :)"
[10:13] {_rant} CTX always holds 19
[10:14] {_rant} MRX short anyone ?
[10:14] * Threei offers FRED swift kick in the pants - trigger already, will ya
[10:15] {magoo} magoo kickin aapl
[10:15] {Threei} ENER for adrenalin deprived:
[10:15] {Threei} .81 long
[10:15] {magoo} IN
[10:15] {magoo} lol
[10:15] {Threei} stop under .50
[10:15] {Threei} SMALL SHARES
[10:16] {esemde} good morning
[10:16] {Threei} ese :)
[10:16] {magoo} not yet lol
[10:17] {magoo} waiting .93 AAPL
[10:17] {magoo} 2:1 already
[10:18] {Threei} blast from the past... ELNK
[10:19] {magoo} misseed ENER
[10:19] {magoo} no way to hit it
[10:19] {Threei} ENER takes 60, I won't be surprized to see it at 61 or 62
[10:19] {Threei} come on mags
[10:19] {magoo} was gonna jump early .62
[10:19] {Threei} you slep through it
[10:19] {dptl} out ener +.30 ty
[10:19] {Threei} I have .81
[10:19] {magoo} OUT aapl .93 + .43 TY vad
[10:20] {_tangrick} missed too
[10:20] {dptl} i got .85
[10:20] {magoo} i guess AAPL distracted me
[10:20] {Threei} most likely
[10:21] {magoo} where pullbk entry?
[10:21] {GeoArb} so vad.... what are the reasons not to short shld
[10:21] {magoo} uh..like unprofittable he he
[10:21] {GeoArb} why?
[10:21] {GeoArb} didnt do it but am curious why not
[10:22] {magoo} [10:11] {magoo} going over 189 RISKY
[10:22] {Threei} half out ENER .40
[10:22] {magoo} dam i bought that lol
[10:23] {Threei} geo, who said there are any?
[10:23] {magoo} out RIMM here .18 + 68
[10:23] {magoo} TY vad
[10:23] {GeoArb} ok just curious if i am missing something here
[10:23] {Threei} it is short... it's simply a matter of right setup, and best one is gone
[10:23] {dino} sm risky l jcg .95
[10:23] {GeoArb} yeah
[10:23] {magoo} 09:52] {magoo} long rimm .50
[10:24] {Threei} 84.70 was perfect short trigger at the moment
[10:24] {GeoArb} how does one understand/avoid concept of shor squeeze
[10:24] {GeoArb} yeah beautifull dbi
[10:24] {Threei} OI am hesitatnt to chase it so far down from the trigger
[10:24] {GeoArb} yes same here
[10:25] {dino} keep it si8mple geo, don't overthink
[10:25] {GeoArb} will take a few years dino :)
[10:25] {Threei} short squeeze is not a concept to deeply think about, really... it's rather simple :)
[10:26] {dino} it will trust me. they need to invent mind eraser
[10:27] {Threei} what to invent... vodka has been around for centuries {G}
[10:27] {dino} yeah, but the stupid stuff in my head comes back in the morning
[10:27] {GeoArb} i spent the evening buying pappercorns ala chaeron
[10:27] {Threei} you mean a shot of vodka is not the first thing you take upon waking up??
[10:28] {dino} lol, i have to try that
[10:28] {Threei} stop for second half ENER to .95
[10:28] {magoo} no..but i replace milk with beer in my cereal
[10:28] {_tangrick} FRED moved
[10:28] {Threei} FRED triggered
[10:29] {Threei} stop under .35
[10:30] {dino} out jcg .45 +.50
[10:30] {dino} no takers
[10:30] {dino} ?
[10:31] {pita} c & h rimm?
[10:31] {esemde} FCEL looking good here....have been very patient with this.....need to see something
[10:32] {Threei} yes
[10:32] {Threei} needs market help as always, but chart is right pita
[10:32] {_rant} jcg down 20%
[10:32] {_rant} over done?
[10:33] {dino} rant see above
[10:33] {Threei} dino just played it
[10:33] {dino} .90 held last drop
[10:33] {Threei} it's up over a buck from low
[10:34] {_rant} dropping again
[10:34] {dino} y, watching it
[10:35] {Threei} good boy ENER
[10:35] {_rant} wow
[10:35] {Threei} one more jump please
[10:35] {_rant} 11%
[10:35] {dptl} nice ener:)
[10:36] {GeoArb} hey chaeron....dcc
[10:36] {Threei} am I getting too greedy?
[10:36] {judijim} gm all
[10:36] {Threei} jj :)
[10:36] {Chaeron} Good morning everybody
[10:36] {Threei} chaeron
[10:36] {magoo} yes..yes u are..but nice one
[10:37] {Threei} me? nice?
[10:37] {Chaeron} ah... no :) for me today...
[10:37] {Chaeron} lol
[10:37] {Threei} oversensitive today, aren't we
[10:37] {Threei} there:
[10:37] * Chaeron slaps Threei around a bit with a large trout
[10:37] {Threei} chaeron :))))
[10:37] {Threei} is that smiley enough for ya?
[10:37] {GeoArb} smiley or doublee/tripe chin
[10:38] {Chaeron} uh oh.. lol
[10:38] {Threei} out ENER
[10:38] {Threei} 61.11
[10:38] {GeoArb} too busy making money
[10:39] {Threei} 61.11 - 59.81
[10:39] * magoo slaps Threei around a bit with a large trout
[10:39] {Threei} whose math is good enough for that
[10:39] {magoo} not i
[10:39] {GeoArb} ummmmm
[10:39] {GeoArb} calculating
[10:39] {GeoArb} obscene
[10:39] {Chaeron} nice +$1.30 Vad
[10:39] {Threei} sheesh... this is second person calling me nice today
[10:39] {GeoArb} lol
[10:39] {Threei} my world is crambling down
[10:39] {Chaeron} trade was nice... noone said a dang thing abou tyou
[10:40] {GeoArb} so much for slow friday and scalpers friday
[10:40] {Threei} thank you chaeron
[10:40] {Threei} that makes me feel better
[10:40] {Chaeron} the $1.30 wasn't enough huh?
[10:40] {esemde} those of you in ENER...nice one....the trout looks in orderfor that tone
[10:40] * Chaeron slaps esemde around a bit with a large trout
[10:40] {Threei} lol
[10:40] {Chaeron} thanks for remindeing me ese
[10:41] {Threei} you walked right into that ese
[10:41] {esemde} no kidding
[10:41] {Chaeron} now let's find a trade I can screw up for magoo
[10:42] {dino} yes, please
[10:42] {magoo} that does it........................................
[10:42] * magoo slaps Threei around a bit with a large trout
[10:42] {Threei} what did I do?
[10:42] {magoo} just being figure head of this motley crew
[10:43] {GeoArb} i think i am going to be nice to people at work
[10:43] {GeoArb} TY vad
[10:43] {Threei} why would you do that geo?
[10:43] {magoo} dinos never nice here
[10:43] {GeoArb} money makes me kind
[10:43] {Threei} oh
[10:44] {magoo} going for a beer..brb
[10:44] {Threei} let's trail FRED stop to .44
[10:44] {Threei} it's so slow, really don't want to get stuck in it for whole day
[10:44] {Threei} risk is negligible with this stop, can just let it trade
[10:49] {_rant} jcg stuck around 37.20
[10:52] {dino} waiting at 36.80 fwiw
[10:55] {_rant} 37 seems to be holding for now
[10:56] {_rant} coco down 4%..sweet
[10:57] {Threei} FRED stopped
[10:57] {dino} hmmm, didn't expect it, sm l ostk .30
[11:03] {dino} jcg you are right rant about .00 floor
[11:04] {pita} day job calling....
[11:04] {Threei} take care pita
[11:04] {Threei} JOYG small shares long .50
[11:04] {dino} later pita
[11:04] {Threei} if stays above .25 - .30
[11:05] {Chaeron} it does and I'm in
[11:05] {Chaeron} .52
[11:05] {Threei} 1:1 easy
[11:05] {magoo} in
[11:06] {magoo} u out?
[11:06] {dptl} out +.23 ty
[11:06] {dino} gj
[11:06] {Threei} half out for me
[11:06] {dptl} joyg
[11:06] {Threei} stop to under .40
[11:06] {GeoArb} out .21 TY
[11:06] {Threei} welcome guys
[11:06] {Threei} good reflexes
[11:06] {GeoArb} easy button
[11:08] {Threei} stop to under .50
[11:09] {Threei} me may be greedy but me controls risk tightly, especially on Friday
[11:09] {dino} sm l jcg .05
[11:09] {Chaeron} out .77 + 0.25... thanks Threei
[11:10] {Threei} welcome
[11:10] {Chaeron} greedy is good... nice - well worry about that later
[11:11] {Threei} lol
[11:11] {esemde} out FCEL here .05 +.55.....gotta go have a great weekend everyone
[11:11] {magoo} bye es
[11:11] {Chaeron} you too ese... don't lose your balls
[11:11] {Threei} take care ese, have a good one
[11:11] {esemde} see ya mags ch...
[11:11] {esemde} vad
[11:11] {dino} out ostk .60 +.30
[11:11] {Chaeron} out shooot... sorry ese.. I read you were going to play GOLF... nevermind my comment
[11:12] {dino} out jcg .19, +.19
[11:12] {dino} .1`4 i mean
[11:12] {magoo} chaer roflol
[11:12] * Chaeron needs glasses
[11:12] {Threei} nice scalping footwork dino
[11:13] {dino} ty, it's firday
[11:13] {dino} friday
[11:13] {dino} lol
[11:13] {Threei} firday is good too
[11:13] {magoo} fir day?
[11:13] {magoo} OY
[11:13] {Threei} I need to think of concept of furday as well
[11:13] {dptl} lol
[11:14] {Threei} out balance JOYG
[11:14] {Threei} .85
[11:14] {Threei} oversat this last spike a little
[11:14] {Chaeron} nice Threei... thanks again for JOYG
[11:14] {Threei} wanted exit over 85
[11:15] {Threei} not sure it has enough fuel to break again
[11:15] {magoo} waiting .97
[11:15] {magoo} kickin it
[11:20] {magoo} OUT WHOA TY lord vader
[11:20] {magoo} .97
[11:20] {GeoArb} lord vader
[11:20] {GeoArb} hmmm
[11:20] {Chaeron} w00h00! glad for you magoo
[11:20] {Chaeron} now can I short it?
[11:20] {Threei} {JOYG} who me no fuel??
[11:20] {GeoArb} lol
[11:20] {Threei} lord vader?
[11:21] * Threei is breathing heavy through space costume
[11:21] {dino} gj guys
[11:22] {dino} wind
[11:22] {Threei} magoo misbehaves dino?
[11:22] {Chaeron} ug
[11:23] {dino} always 3i
[11:23] {Chaeron} JOYG nonstop
[11:24] {GeoArb} my 21 cents are laughing at me and pointing at their friends
[11:24] {Threei} you just wait Geo... soon stocks will start calling you on the phone, make evil laighter sound and hang up
[11:25] {GeoArb} i thought that was magoo calling you
[11:25] {Threei} nah, he just gives them my phone number
[11:25] {Threei} to be fair... I started it first
[11:25] {dino} wait'll you start dreaming of trades
[11:26] {GeoArb} its funny
[11:26] {magoo} hiccup..second brew awaits
[11:26] {GeoArb} i wake up in the mornining and tell my wife to close the curtains
[11:27] {magoo} well ..it is friday
[11:27] {GeoArb} SOLARS hurt my eyes
[11:27] {dino} thought you were worried about the neighbors
[11:27] {GeoArb} nah i think of the world in terms of sectors
[11:27] {GeoArb} :)
[11:27] {GeoArb} really magoo?
[11:28] {GeoArb} whats the brew of choice?
[11:28] {dino} none for me today little league double-header tonight
[11:28] {GeoArb} k
[11:28] {dino} altho, over the weekend gueness drafts
[11:29] {GeoArb} nice
[11:29] {GeoArb} i am a fan of fat tire draft
[11:29] {magoo} heinie light
[11:29] {dino} cans w/that draft thingy
[11:30] {dino} fat tire?
[11:30] {dino} jcg feels whoosh lower coming
[11:31] {GeoArb} http://www.newbelgium.com/beers_ft.php
[11:31] {GeoArb} colorado based microbrew
[11:31] {Threei} Innis & Gunn favorite here
[11:32] {dino} as homer simpson would say...........ahhhh beer
[11:32] {GeoArb} ill check it out
[11:32] {GeoArb} vad made like 2 bucks toady
[11:32] {GeoArb} ill drink whatever beer he does !!!
[11:32] {GeoArb} heheh today
[11:32] {Threei} lol
[11:34] {GeoArb} psssah not available in CA
[11:36] {dino} wind sm s .50
[11:37] {dino} stop is .72
[11:39] {Chaeron} frpt
[11:40] {Threei} AWARDED $43.7 M FOR SERVICE AND SUPPORT CONTRACTS
[11:41] {_rant} scalped 20 cents of jcg
[11:41] {_rant} for 200$
[11:41] {_rant} :)
[11:41] {_rant} thanks dino
[11:41] {Threei} cool beans
[11:42] {magoo} no need to rant over it lol
[11:42] {_rant} lol..small profit..
[11:42] {_rant} will take it in this crazy mkt
[11:42] {Chaeron} if anyone is bored... http://www.thisislondon.co.uk/news/article-23488455-details/Al-Qaeda's+terrifying+vision+of+a+devastated+America+in+the+wake+of+a+nuclear+attack/article.do
[11:43] {Chaeron} and if they even THINK about it again, here's a picture of what we'd do first - http://farm1.static.flickr.com/78/180862057_f58e3ea6bb.jpg?v=0
[11:43] {dino} gj
[11:44] {Threei} 200 bucks per trade is nothing to sneeze at for daytraders, IMO
[11:44] {dino} 1:1 for me is $100
[11:44] {Chaeron} $200/day is $4000/mo
[11:44] {Threei} if you can do it twice a day consistently, you have fairly comfortable living
[11:45] {Chaeron} unless you're in Canada where the US $ is worth nothing :)
[11:45] {Threei} yeah, rub it on
[11:45] {dino} use your dollar to buy our real estate
[11:45] {Chaeron} that's "in" Threei... "in"
[11:45] {Threei} that too
[11:46] {GeoArb} yup those canadians
[11:46] {GeoArb} ravaging our lands
[11:46] {Threei} lol
[11:46] {magoo} i looked chaer at post...those sob's
[11:47] {GeoArb} unfortunatley we are providing them the money to develop stuff
[11:48] {GeoArb} turn the oil money spigot off !!!
[11:48] {GeoArb} when i travel to asia , its frigheting to see how that money is being used to "educate"
[11:49] {dino} lies i bet
[11:49] {GeoArb} of course
[11:49] {GeoArb} completely
[11:49] {GeoArb} they take the money from here and then use it for propaganda against us
[11:49] {dino} thats how they keep control of their people, keep them full of lies, etc, they do anything you want
[11:50] {GeoArb} lets just make money and feel better :)
[11:50] {dino} ok
[11:51] {Chaeron} naaa... you got me mad geo... I'm going to go drill in ANWR and build a few refineries and nuclear plants :)
[11:51] {_rant} OMG anyone ?
[11:51] {dino} i wish we would
[11:51] {dino} and the coasts
[11:52] {GeoArb} i need to invent working fusion
[11:52] {Threei} not sure rant
[11:52] {Threei} chart looks nice but it's a slow trader and we move into lunch time
[11:53] {_rant} rsi crossover 30
[11:54] {_rant} always safer bet
[11:54] {dino} i will gladly pay you tomorrow for a hamburger today
[11:54] {GeoArb} ??? dino
[11:54] {dino} :)
[11:57] {magoo} popeye
[11:58] {Chaeron} wimpy
[11:59] {GeoArb} off to work... thanks all... have a great weekend (off to hunt vad's beer)
[11:59] {Chaeron} bye Geo... see you Monday
[11:59] {dino} later geo
[12:00] {dino} jcg breaking out
[12:00] {_rant} bummer
[12:01] {_rant} sold early
[12:03] {dino} same here but 2/2 on it
[12:03] {Threei} yeah
[12:03] {_rant} 37.8
[12:04] {Threei} the idea is not to take all the money move can offer
[12:04] {_rant} need to learn good exit points..
[12:04] {_rant} and let profits run
[12:04] {_rant} and cut losses..
[12:04] {_rant} tend to always do the opposite
[12:04] {Threei} "last 1/8 is the most expensive"
[12:04] {Threei} cut losses is right
[12:05] {Threei} with no reservations
[12:05] {Threei} stop is hit, get out,
[12:05] {Threei} no second thoughts, no guessing, no hesitation
[12:05] {Threei} profits run is right but there are buts
[12:06] {Threei} profits tend to evaporate if you oversit the move
[12:06] {_rant} true
[12:06] {_rant} i like trailing stop
[12:06] {Threei} gotta have sound method to manage a trade
[12:06] {Threei} partialling out, trailing stop
[12:06] {_rant} it protects u from a bigger loss
[12:07] {_rant} but the key is to understand the ATR and place the trailing stop correctly
[12:07] {_rant} tight stops might be taken out all the time
[12:07] {Threei} well, stop must be dictated by the chart
[12:07] {_rant} daily chart ?
[12:08] {Threei} whatever chart you base your trade on
[12:08] {dino} of course it is scalpers friday, so we scalp
[12:08] {Threei} if it's intraday trade, it's more likely to be intraday chart, no?
[12:08] {Threei} one of frequent mistakes made
[12:08] {_rant} yes, but you wont know the bottom until it is formed
[12:08] {Threei} is basing one's stop on his monetary needs solely
[12:09] {Threei} you don't need to
[12:09] {magoo} ener breaking out vad
[12:09] {Threei} this is not how trade is structured and managed
[12:09] {Threei} there is a certain setup for each trade
[12:10] {_rant} what u think of JCG vad...
[12:10] {Threei} one of elements of such setup is the action that renders original reson for entry invalid
[12:10] {_rant} worth going into it again
[12:10] {_rant} 37.49 now
[12:10] {Threei} I don't have read on it
[12:11] {Threei} to finish the thought,
[12:11] {_rant} omg climbing slow n steady
[12:11] {Threei} your stop is placed in such manner
[12:11] {Threei} that trade is cut off when that action accurs
[12:12] {_rant} i didnt get u ? trade is cutoff ?
[12:12] {Threei} stopped out
[12:12] {_rant} oh ok
[12:12] {Threei} on this I'll shut up and let you jump from stock to stock hunting for a lunch time stop {G}
[12:12] {_rant} :) i m pacific time zone..!
[12:12] {Threei} me too
[12:12] {_rant} time to go to work :)
[12:13] {Threei} but market isn't
[12:15] {dino} wind bstop to b/e
[12:18] {dino} to .43
[12:24] {_rant} omg jumps..now 42.88
[12:25] {_rant} silly to miss out on it
[12:26] {dino} wind bstop to .38
[12:27] {dino} cov .31 +.19
[12:28] {dino} cme feels like 400 magnet
[12:29] {dino} probably next week
[12:32] {_rant} cant watch jcg anymore
[12:32] {_rant} feeling stupid
[12:32] {_rant} 38.22
[12:36] {dino} pwrd
[12:37] {_rant} trade ?
[12:39] {Roman} LGND
[12:39] {Roman} spike on news
[12:39] {Roman} LGND Ligand Pharma jumps after US Panel member supports new drug approval - Bloomberg (3.00 +0.65)
[12:41] {dino} not in rant missed it thought it would go higher for short
[12:44] {Threei} LLTC
[12:44] {Threei} 37 break for a scalp if stays above .90
[13:02] {Threei} TREASURY'S PAULSON: RISING OIL PRICES ARE A SIGNIFICANT ISSUE, MORE INVESTMENT NEEDED IN MAJOR OIL PRODUCING COUNTRIES TO BOOST OUTPUT- Some parts of the Senate mortgage backstop plan are not helpful
[13:09] {Threei} market loses steam
[13:10] {Threei} GREENSPAN: CREDIT CRUNCH IS NOW BEGINNING TO AFFECT ASIA
[13:10] {Threei} duct tape, please
[13:12] {magoo} any read ENER vad?
[13:14] {Threei} looks up
[13:15] {Threei} can't nail it more exactly
[13:15] {dptl} is there a gold etf?
[13:15] {Threei} yes
[13:16] {Threei} look at that site I gave yesterday
[13:16] {Threei} there are different ones
[13:16] {dptl} ye there are few wich oneto use i don't know
[13:17] {Threei} there is a description for each of them
[13:20] {dptl} nice site by the way ,ty to point into it :)
[13:20] {Threei} LLTC failed
[13:23] {dptl} yeah i sold at .99 just 2c loss didnt like the market there
[13:29] {dino} rvbd

Session Start: Fri May 30 13:53:41 2008
[13:53] *** Now talking in #discussions
[13:53] {_rant} rsi crossover 30
[13:53] {_rant} always safer bet
[13:53] {dino} i will gladly pay you tomorrow for a hamburger today
[13:53] {GeoArb} ??? dino
[13:53] {dino} :)
[13:53] {magoo} popeye
[13:53] {Chaeron} wimpy
[13:53] {GeoArb} off to work... thanks all... have a great weekend (off to hunt vad's beer)
[13:53] {Chaeron} bye Geo... see you Monday
[13:53] {dino} later geo
[13:53] {dino} jcg breaking out
[13:53] {_rant} bummer
[13:53] {_rant} sold early
[13:53] {dino} same here but 2/2 on it
[13:53] {Threei} yeah
[13:53] {_rant} 37.8
[13:53] {Threei} the idea is not to take all the money move can offer
[13:53] {_rant} need to learn good exit points..
[13:53] {_rant} and let profits run
[13:53] {_rant} and cut losses..
[13:53] {_rant} tend to always do the opposite
[13:53] {Threei} ""last 1/8 is the most expensive""
[13:53] {Threei} cut losses is right
[13:53] {Threei} with no reservations
[13:53] {Threei} stop is hit, get out,
[13:53] {Threei} no second thoughts, no guessing, no hesitation
[13:53] {Threei} profits run is right but there are buts
[13:53] {Threei} profits tend to evaporate if you oversit the move
[13:53] {_rant} true
[13:53] {_rant} i like trailing stop
[13:53] {Threei} gotta have sound method to manage a trade
[13:53] {Threei} partialling out, trailing stop
[13:53] {_rant} it protects u from a bigger loss
[13:53] {_rant} but the key is to understand the ATR and place the trailing stop correctly
[13:53] {_rant} tight stops might be taken out all the time
[13:53] {Threei} well, stop must be dictated by the chart
[13:53] {_rant} daily chart ?
[13:53] {Threei} whatever chart you base your trade on
[13:53] {dino} of course it is scalpers friday, so we scalp
[13:53] {Threei} if it's intraday trade, it's more likely to be intraday chart, no?
[13:53] {Threei} one of frequent mistakes made
[13:53] {_rant} yes, but you wont know the bottom until it is formed
[13:53] {Threei} is basing one's stop on his monetary needs solely
[13:53] {Threei} you don't need to
[13:53] {magoo} ener breaking out vad
[13:53] {Threei} this is not how trade is structured and managed
[13:53] {Threei} there is a certain setup for each trade
[13:53] {_rant} what u think of JCG vad...
[13:53] {Threei} one of elements of such setup is the action that renders original reson for entry invalid
[13:53] {_rant} worth going into it again
[13:53] {_rant} 37.49 now
[13:53] {Threei} I don't have read on it
[13:53] {Threei} to finish the thought,
[13:53] {_rant} omg climbing slow n steady
[13:53] {Threei} your stop is placed in such manner
[13:53] {Threei} that trade is cut off when that action accurs
[13:53] {_rant} i didnt get u ? trade is cutoff ?
[13:53] {Threei} stopped out
[13:53] {_rant} oh ok
[13:53] {Threei} on this I'll shut up and let you jump from stock to stock hunting for a lunch time stop {G}
[13:53] {_rant} :) i m pacific time zone..!
[13:53] {Threei} me too
[13:53] {_rant} time to go to work :)
[13:53] {Threei} but market isn't
[13:53] {dino} wind bstop to b/e
[13:53] {dino} to .43
[13:53] {_rant} omg jumps..now 42.88
[13:53] {_rant} silly to miss out on it
[13:53] {dino} wind bstop to .38
[13:53] {dino} cov .31 +.19
[13:53] {dino} cme feels like 400 magnet
[13:53] {dino} probably next week
[13:53] {_rant} cant watch jcg anymore
[13:53] {_rant} feeling stupid
[13:53] {_rant} 38.22
[13:53] {dino} pwrd
[13:53] {_rant} trade ?
[13:53] {Roman} LGND
[13:53] {Roman} spike on news
[13:53] {Roman} LGND Ligand Pharma jumps after US Panel member supports new drug approval - Bloomberg (3.00 +0.65)
[13:53] {dino} not in rant missed it thought it would go higher for short
[13:53] {Threei} LLTC
[13:53] {Threei} 37 break for a scalp if stays above .90
[13:53] {Threei} TREASURY'S PAULSON: RISING OIL PRICES ARE A SIGNIFICANT ISSUE, MORE INVESTMENT NEEDED IN MAJOR OIL PRODUCING COUNTRIES TO BOOST OUTPUT- Some parts of the Senate mortgage backstop plan are not helpful
[13:53] {Threei} market loses steam
[13:53] {Threei} GREENSPAN: CREDIT CRUNCH IS NOW BEGINNING TO AFFECT ASIA
[13:53] {Threei} duct tape, please
[13:53] {magoo} any read ENER vad?
[13:53] {Threei} looks up
[13:53] {Threei} can't nail it more exactly
[13:53] {dptl} is there a gold etf?
[13:53] {Threei} yes
[13:53] {Threei} look at that site I gave yesterday
[13:53] {Threei} there are different ones
[13:53] {dptl} ye there are few wich oneto use i don't know
[13:53] {Threei} there is a description for each of them
[13:53] {dptl} nice site by the way ,ty to point into it :)
[13:53] {Threei} LLTC failed
[13:53] {dptl} yeah i sold at .99 just 2c loss didnt like the market there
[13:53] {dino} rvbd
[13:56] {Threei} STAC new 52 week highs
[13:56] {Threei} SATC
[13:57] {Threei} was so quiet, I stopped watching it
[14:07] {magoo} was disconnwected there
[14:08] {Threei} yup, you and dino lost connection
[14:14] {magoo} any read RIMM or AAPL?
[14:14] {magoo} ENER?
[14:15] {Threei} AAPl short on this bounce
[14:15] {Threei} no read on the rest
[14:16] {Threei} 189.20 next resistance level
[14:16] {Threei} short on first weakenss from here
[14:17] {_rant} jcg fading
[14:17] {Threei} got .02
[14:17] {Threei} 20 cents stop
[14:19] {magoo} how many shares u play?
[14:20] {Threei} why is it important?
[14:20] {magoo} just wondering for risk control reasons
[14:20] {magoo} why so paranoid?
[14:21] {Threei} my risk tolerance and yours are not the same
[14:21] {magoo} sure they are
[14:21] {Threei} no two traders have the same
[14:22] {magoo} look in mirror...what u see?
[14:22] {Threei} paranoid or not, I am not comfortable sharing personal financial information
[14:25] {Threei} SOLF running
[14:28] {Threei} come on AAPL, give up
[14:28] {Threei} lose that 109 and die
[14:28] {magoo} ENER touch 64 today vad?
[14:28] {Threei} most likely... but risk here becomes too much for me
[14:29] {Threei} btw magoo... because of you I fainted for whole 3 minutes
[14:30] {magoo} huh?
[14:30] {Threei} I did what you told
[14:30] {Threei} [14:22] {magoo} look in mirror
[14:30] {magoo} rogflol
[14:34] {Threei} lower high AAPL
[14:34] {Threei} rollover already
[14:40] {dino} geoi
[14:43] {Threei} out
[14:47] {judijim} have a great week end all, be back monday
[14:47] {Threei} take care jj, have a good one
[14:48] {magoo} bye JJ
[14:58] {Threei} 64 almost tagged ENER
[14:59] {magoo} ask me to confess:)
[14:59] {Threei} you see... for that I'd have to pretend I care... and it's tough on Friday
[15:00] {magoo} WOW..u really be nasty to magoo today{more than normal that is}
[15:00] {Threei} but it's friday
[15:09] {fernp} I must go. Thanks for everything vad
[15:09] {fernp} have a nice weekend all
[15:09] {Threei} take care fern, have a great weekend
[15:10] {magoo} bye femp
[15:10] {dino} rvbd s .19
[15:13] {magoo} man ENER looking like 65 today
[15:16] * Threei slaps laserdave1 around a bit with a large trout
[15:17] * Chaeron slaps laserdave1 around a bit with a large trout
[15:17] {dino} rvbd bstop to .15
[15:19] {dino} to .12
[15:19] {dino} out +.07
[15:22] {dino} ostk drop
[15:36] {dino} unless something wierd happens, most likely done, just shy daily
[15:36] {Threei} unusually good Friday for me
[15:37] {magoo} at daily here
[15:37] {Threei} don't know what happened but traditionally scalping day brought a few quite nicely sized trades
[15:37] {dino} new streak started this week, 4 days in row up
[15:37] {Threei} :)
[15:38] {dino} got lucky, need to wait longer in mornings for my style
[15:39] {dino} isis
[15:39] {dino} fast
[15:41] {dptl} have a good weekend everyone :)
[15:41] {Threei} take care dp
[15:41] {magoo} vad dcc
[15:42] {magoo} never mind
[15:43] {dino} u2 dp
[15:43] {magoo} yes..bye dp:)
[15:44] {dino} ouch cme
[15:44] {dino} ok calling it a week. take care all, had fun.
[15:45] {Threei} thank you all
[15:46] {Threei} have a good weekend
[15:46] {Threei} see you all on Mondsay
[15:46] {Threei} or whatever comes after Sunday
[15:47] {Threei} welcome rant
[15:50] {magoo} TY vad, 4 straight up here too
[15:50] {magoo} all over daily

May 29 2008

Session Time: Thu May 29 00:00:00 2008

[08:25] {Threei} OPEC RESEARCH CHIEF QABAZARD SEES OIL STOCKS BUILDING TO AN AVERAGE OF 500K BPD IN 2008
- Says OPEC spare capacity is 3M bpd.
[08:25] {Threei} - Note: On the capacity issue, the Qatari Oil minister stated back on May 22 that OPEC was producing at its full capacity.
[08:30] {Threei} Q1 PRELIMINARY GDP PRICE INDEX: 2.6% V 2.6%E
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 372K V 370KE; CONTINUING CLAIMS: 3.104M V 3.080ME
[08:31] {Threei} CORE PCE Q/Q: 2.1% V 2.2%E
[08:31] {Threei} Q1 PRELIMINARY GDP ANNUALIZED: 0.9% V 0.9%E; PERSONAL CONSUMPTION: 1.0% V 1.0%E
[08:32] {Threei} COLOMBIA SIGNS AGREEMENT TO PURCHASE 65,000 XO LAPTOPS
[08:50] {cosmo} ESLR
[08:50] {Threei} ESLR was downgraded earlier
[08:50] {cosmo} hmm
[08:51] {Threei} 05/29/08 04:08am
[08:51] {Threei} [ESLR] Evergreen Solar Inc Merrill Lynch Cuts ESLR to Sell from Neutral
[08:51] {Threei} - Cites potential German subsidy cuts
[08:53] {magoo} sedarmoc kninrom (:
[08:53] {Threei} wow
[08:53] {Threei} where is my decoder ring
[08:54] {dptl} good morning all
[08:54] {Threei} dp :)
[08:57] {Threei} keeping an eye on VVUS for possible continuation
[09:02] {fernp} good morning
[09:02] {Threei} fern :)
[09:04] {Threei} 08:28am [TLM] Ivanhoe Energy to acquire oil sands assets from Talisman Energy for C$105M
[09:05] {magoo} whats with KOSN vad?
[09:05] {Threei} buyout
[09:05] {Threei} by BMY
[09:09] {cosmo} EXPD @ 24 pre mkt high
[09:09] {cosmo} EXPE
[09:09] {cosmo} sorry
[09:17] {_osbo} HI
[09:17] {Threei} hi osbo, welcome
[09:18] {magoo} morn osbo
[09:18] {hawkfan4} morning all
[09:19] {Threei} hawk :)
[09:25] {GeoArb} gm
[09:25] {Threei} Geo :)
[09:28] {dino} gm all
[09:28] {Threei} dino :)
[09:29] {Threei} BWEN is wind energy?
[09:31] {hawkfan4} yes
[09:31] {Threei} nasty Level 2
[09:37] {pita} morning TY
[09:37] {Threei} hi pita
[09:37] {Threei} guys, save that reserve server somewhere
[09:38] {magoo} why?
[09:39] {Threei} ummm... because you'll need it every time chat host has dns problems?
[09:39] {GeoArb} i used reserve
[09:39] {GeoArb} anyne knows how to add it in mirc script as backup?
[09:40] {Threei} File-Options-Connect-Add
[09:40] {GeoArb} ty
[09:42] {dino} sm l cedc .00
[09:43] {Threei} FCEL
[09:43] {Threei} .95 long
[09:44] {Threei} .84 stop
[09:44] {magoo} in
[09:44] {Threei} 10 is decisive resistance for it
[09:44] {Threei} .95 is somewhat aggressive entry
[09:45] {magoo} wheres the exit if works? 10.15 area?
[09:45] {Threei} I will try to partial
[09:46] {Threei} there is no clear resistance to exit into, 10 break has nothing up to about 11
[09:46] {magoo} look at V
[09:46] {Threei} so, go with real time tape
[09:48] {Threei} where is ese... if FCEL takes 10 and jumps, he owes us a bottle of champaign
[09:49] {Threei} {FCEL} 10? what 10?
[09:49] {magoo} COCO pop
[09:50] {Threei} ese... FCEL :)
[09:51] {esemde} morning vad...
[09:51] {magoo} news AAPL?
[09:52] {Threei} no
[09:52] {magoo} shit..was looking at .27
[09:53] {esemde} FCEL...lookin good.....maybe should have had full lot
[09:54] {magoo} AAPL bounmce area vad?
[09:54] {Threei} TELK 2.11 long
[09:55] {Threei} it's 40 cents from low
[09:55] {magoo} was low when asked
[09:56] {Threei} when it jumps like this, how is it possible to alert in time
[09:57] {Threei} ARBA
[09:58] {Threei} .25 long
[09:58] {Threei} if stays above .10
[10:00] {magoo} SINO feels like 17
[10:00] {dino} sm l joyg .50
[10:03] {dino} out cedc .47 +.47
[10:05] {GeoArb} V not letting up
[10:05] {Threei} come on FCEL... it can't be 10 cents was all you were capable of
[10:06] {dino} jef s .52 stop .70
[10:06] {magoo} look at MA geo
[10:06] {dino} out joyg .90, +.40
[10:06] {esemde} my thinking exactly....i'll be out todat sometime
[10:07] {Threei} PREIVEW: DOE AND API PETROLEUM INVENTORY DATA DUE OUT AT 10:30AMET
**consensus expectations:
[10:07] {Threei} - Crude: -300Ke
[10:07] {Threei} - Gasoline: -200Ke
[10:07] {Threei} - Distillates: +1Me
[10:12] {dptl} stopped fcel
[10:12] {Threei} yeah
[10:15] {Threei} ARBA holding well during market selling
[10:16] {esemde} yep....it's made anice move from the 10 area
[10:18] {Threei} SINA
[10:18] {Threei} half lot long 52 break
[10:18] {Threei} if stays above 51.80
[10:18] {dino} jef stopped -.19
[10:18] {magoo} in
[10:18] {magoo} 52
[10:20] {Threei} ARBA looks good for more than scalp, just hopefully oil numbers do not kill market
[10:20] {Threei} SINA over 1:2
[10:21] {Threei} out .50
[10:21] {magoo} out here .54 TY VAD
[10:21] {Threei} welcome
[10:21] {magoo} nice spot
[10:22] {Threei} classic chart...
[10:22] {Threei} kind of C&H on 1 min
[10:22] {magoo} easy button
[10:25] {dino} ulbi s sm .63 stop .01
[10:25] {Threei} ARBA nears 1:1
[10:25] {magoo} AAPL going fgreen
[10:25] {Threei} make up your mind guys
[10:25] {magoo} not in
[10:25] {Chaeron} good morning all... looks like I missed a golden one... SINA... nice job guys
[10:25] {Threei} chaeron :)
[10:25] {magoo} charbroil baby
[10:25] {Threei} I am holding, but manage your trade according to your objectives and risk tolerance
[10:26] {esemde} CCCCCCCCCHHHHHHHHH!!!!!!
[10:26] {Threei} my current take is,
[10:26] {magoo} huh?whats that mean?
[10:26] {Chaeron} hi magoo, ese :)
[10:26] {Threei} in this choppy environemtn we get unusually high stop ratio
[10:26] {magoo} aapl opopped .50 cents
[10:26] {Threei} so I keep stops tight while trying to milk winners to their full extent
[10:26] {Threei} you saw it yesterday with CSIQ for instance
[10:27] {magoo} we trade csiq yesterday?
[10:27] {Threei} lol
[10:27] {Chaeron} yep :) for .40+
[10:27] {Threei} wow... SINA decided to make us look cheapskates
[10:27] {Threei} you for 40, chaeron... I held for .85 exit :)
[10:28] {Chaeron} oh yeah........ :)
[10:28] {Threei} not berating your exit, just illustrating an approach I just discussed
[10:29] {Threei} market gets jittery closer to oil numbers
[10:29] {Threei} what a nonsense it is to monitor them every week and react on them as some major indicator
[10:30] {Threei} DOE CRUDE: -8.9M V -300KE;
[10:30] {Threei} yikes
[10:30] {magoo} u know my biggest change in perspective over years?
[10:30] {Threei} GASOLINE: -3.26M V -200KE; DISTILLATES: +1.64M V +1ME; UTILIZATION: 87.9 % V 88.4%E
[10:30] {GeoArb} tell tell magoo
[10:31] {magoo} out dinos JOYG + buck TY dino
[10:31] {magoo} got .57
[10:31] {GeoArb} ?
[10:31] {dino} np
[10:31] {dino} gj
[10:31] {magoo} ok, its the nonsense day to day which moves mkt
[10:32] {GeoArb} you mean reports?
[10:32] {magoo} a bit of info moves today..forgotten tommorrow
[10:32] {fernp} look at USO
[10:32] {Threei} sure
[10:32] {dino} geo i'm reporting you
[10:32] {GeoArb} to the unprofitable comission?
[10:33] {esemde} what the heck is the NDX doing?
[10:33] {dino} no, i believe the commision side is always profitable
[10:33] {GeoArb} hehehe
[10:33] {Threei} dropping ese... as oil is jumping
[10:34] {magoo} any one still in ARBA?
[10:34] {magoo} id like to be in jessica arba lol
[10:34] {Threei} with all the decrease in driving reported lately, how could inventory numbers go that disastrous?
[10:35] {dino} how about alba
[10:35] {magoo} OH ROFLOL
[10:35] {magoo} yeah ..her
[10:36] {magoo} dino rockin office with the kid {kid rock}
[10:37] {Roman} 21 PEIX
[10:37] {Roman} 21 boucing
[10:37] {dino} kiiiiiidddddddddddddddrock!
[10:38] {Threei} DOE SAYS IT ACCIDENTALLY BRIEFLY POSTED THE INVENTORY DATA ABOUT 15 MINUTES BEFORE 10:30AMET
[10:38] {Roman} 21 long PEIX
[10:39] {Roman} 21 stop 3.49
[10:39] {Threei} EIA: DROP IN CRUDE DELIVERIES DUE TO TEMPORARY DELAYS IN THE GULF
[10:40] {magoo} how could est be off so badly?
[10:41] {Threei} read above
[10:42] {dino} yeah, accidentally, sure, and i have some swamp land
[10:42] {Threei} I mean this
[10:42] {Threei} [10:39] {Threei} EIA: DROP IN CRUDE DELIVERIES DUE TO TEMPORARY DELAYS IN THE GULF
[10:42] {dino} oih hod
[10:43] {dino} what are you trying to say 3i??????????????????????????/
[10:43] {dino} just messing w/ya
[10:44] {Threei} what magoo is rubbing off of you? :)
[10:44] {Threei} I hoped you would be a good influence on him
[10:44] {Threei} but it seems rather other way around
[10:45] {dino} late night
[10:46] {Threei} SOLF chart is breaky... not sure how much we can trust it
[10:46] {Chaeron} dino - cell phone in freezer and bottle of vodka on bedstand?
[10:46] {Threei} see if you like it
[10:46] {Threei} stop under 21
[10:47] {dino} lol, no but golf and brews
[10:47] {Threei} don't chase beyond .15 - .20 area
[10:47] {Roman} 21 watching TSRA
[10:47] {Threei} I personally will skip it
[10:47] {Roman} 21 feels higher
[10:47] {dino} i must be getting old
[10:48] {Threei} arba stop to under .20 for me
[10:50] {pita} day job calling - c u later
[10:50] {Threei} take care pita
[10:50] {judijim} gm all, Judi off to her office Jim will be watching today.
[10:50] {Threei} hi jj
[10:50] {Threei} missed couple good ones :(
[10:52] {magoo} bye pita
[10:52] {magoo} morn jim
[10:52] {Threei} KLAC interesting
[10:53] {Threei} it jiggles around a lot, try to grab it closer to 46
[10:53] {Threei} with stop under 45.90
[10:54] {Threei} see these teleportations by 10-15 cents?
[10:54] {Threei} this is the chance for right entry on the likes of KLAC
[10:55] {Threei} NQ breaks 2020, ARBA should start second leg on its way to 15
[10:59] {Threei} NQ retreated in lower BB
[10:59] {Threei} ARBA stays put
[10:59] {dino} ulbi stopped .35. +.28
[10:59] {Threei} good salmon scenario, want to see now NQ bounce with ARBA making new high
[11:00] {Threei} MRO CEO: ETHANOL PROCUDERS CAN MEET 2008 MANDATE, GETTING ETHANOL TO BLENDERS WILL BE DIFFICULT
- Says a pull back in oil would help refiners and consumers
[11:00] {Threei} - Notes that gasoline makers struggling, diesel profitable
[11:01] {Threei} textbook so far
[11:01] {Threei} see this relation between salmon stopck and market?
[11:02] {Threei} memorize it, this is ideal scenario
[11:02] {Threei} good to have it in your arsenal
[11:02] {Threei} half out ARBA
[11:02] {Chaeron} KLAC near 46
[11:03] {Chaeron} oops... it was
[11:03] {GeoArb} salmon as in against current?
[11:03] {Threei} NQ lost support on 1 min
[11:03] {Threei} right geo
[11:04] {Threei} strictly speaking, ARBA is not exact salmon
[11:04] {Threei} it's rather a market follower with nice relative strength
[11:04] {Threei} but its behavior on market pullbacks was very typical for a salmon
[11:08] {Threei} jeez FEED
[11:08] {Threei} it bought two hog farms
[11:08] {Threei} look at it go
[11:09] {Threei} ACQUIRES TWO ADDITIONAL PRODUCING COMMERCIAL HOG FARMS IN CHINA'S FUJIAN PROVINCE; EXPECTS ACQUISITIONS TO BE IMMEDIATELY ACCRETIVE TO 2008 EARNINGS
- AgFeed's management is already in place operating the newly acquired hog farms.
[11:09] {Threei} - With the addition of these newly acquired hog farms, AgFeed now owns controlling interest (on average more than 90%) in 24 producing commercial hog farms in several provinces in China, including two breeder hog farms, with an aggregate annual hog production capacity of approximately 550,000 hogs.
[11:10] {dino} making bacon
[11:10] {Chaeron} Chinese Fed releasing BBQ Pork Ribs numbers tomorrow
[11:10] {Chaeron} (teasing)
[11:11] {dino} mmmmmmm
[11:11] {dino} magoo's releasing gas
[11:12] {dino} sm s oyog .29 thin, risky
[11:23] {magoo} price of sweet-n-sour pork to rise predicted
[11:24] {dino} you guys are making me hungry
[11:24] {esemde} Outta here til tomorow....see ya'll
[11:25] {Threei} take care ese
[11:25] {dino} cost drop
[11:25] {dino} lateres
[11:25] {Threei} COST news just now
[11:25] {Threei} CFO: HAD 'PRETTY STRONG' GROSS MARGINS IN Q4 LAST YEAR, BUT DOES NOT EXPECT SAME THIS YEAR - CONF CALL
[11:29] {Threei} oil comes to its sense after spike on inventory report
[11:30] {Threei} that was one of the wierdest reports I've ever sen on oil inventories I must say
[11:30] {Threei} look at USO drop
[11:31] {Threei} right back where it started
[11:31] {magoo} what is USO exactly? a stock?
[11:32] {Threei} oil fund ETF
[11:32] {magoo} long fund?
[11:32] {Threei} yes
[11:32] {magoo} ty
[11:35] {Threei} http://seekingalpha.com/page/etf-finder
[11:35] {Threei} bookmark this to find any ETF humankind ever came up with
[11:36] {magoo} why? i got u he he
[11:37] {dino} oyog cov .91 +.39
[11:37] {GeoArb} same with news eh magoo?
[11:37] {GeoArb} :)
[11:38] {GeoArb} i have been thinking of dropping news and scanner and become a barnacle to threei
[11:38] {Threei} as long as he doesn't ask for vodka recommendations...
[11:38] {GeoArb} hmm about that WHICH one?
[11:40] {Threei} ARBA new high
[11:40] {Threei} trailing to .35
[11:41] {magoo} u using hard stop
[11:41] {Threei} no
[11:42] {magoo} i think i will set it as a test
[11:43] {Roman} 21 FORD waking up, no volume yet
[11:46] {Threei} NQ approaches that 2020 again
[11:49] {dino} sm l cost .15
[11:49] {Threei} break
[11:49] {Threei} go ARBA
[11:50] {dino} stopped too soon
[11:52] {dino} rinsed
[11:56] {Threei} out 1/4 more ARBA
[11:56] {Threei} .78
[11:56] {Threei} +.52
[11:56] {Threei} stop to .45 for the last portion
[11:56] {Roman} 21 long JRJC small
[11:57] {Roman} 21 25.15 area
[11:59] {dino} joyg drop
[12:01] {magoo} vad, i highlighted my stopped stop order, but it willnot delete when i hit delete butto
[12:03] {Threei} hit red square first
[12:03] {magoo} did..its stopped
[12:03] {dino} moscow?
[12:03] {magoo} lol
[12:03] {Threei} then 6th button from the left
[12:03] {Threei} Delete all stopped and finished orders
[12:04] {Chaeron} dino... I was thinking the same thing...
[12:04] {Threei} lol
[12:04] {Threei} sheesh, I am slow today
[12:04] {dino} sm l joyg .00
[12:04] {Threei} first who asks "today?" gets slapped silly
[12:04] {magoo} ok worjked ty
[12:04] {Chaeron} what really scared me is what kind of firepower magoo must have....
[12:05] {magoo} today}?
[12:06] {Threei} except magoo
[12:06] {magoo} dammit..i knew it
[12:07] {dino} great minds think alike, huh chaeron
[12:09] {Chaeron} :)
[12:09] {Threei} this explains why my cat always agrees with me on everything
[12:11] {dino} joyg stopn to .41
[12:13] {dino} stopped .41, +.41
[12:13] {dino} .
[12:15] {Threei} trailing ARBA to .55
[12:15] {dino} ..
[12:20] {dino} joyg sm l .70
[12:25] {Threei} ok ARBA
[12:25] {magoo} arba new high
[12:25] {Threei} jump over .90 and I am soo out
[12:27] {magoo} where u waiting and be honest so i can be penny under
[12:30] {GeoArb} can i share something
[12:30] {dino} joyg stop to b/e
[12:30] {GeoArb} sooooo when i stopped out on FCEL
[12:30] {dino} daughter wants to go to lunch
[12:30] {GeoArb} i closed ARBA out for a loss too
[12:31] {GeoArb} and have been wiistfully watching you guys :(
[12:31] {GeoArb} fat fingers
[12:32] {magoo} let winner win and ditch loser
[12:33] {GeoArb} i closed arba at 14.21 by mistake
[12:33] {GeoArb} i am going to rememner that
[12:34] {magoo} good mistake ikf u learn something
[12:35] {dino} to .99 joyg back in 30
[12:39] {Threei} some oil market observers question the reliability of todays inventory data
[12:39] {Threei} no kidding
[12:45] {Threei} anyone went for KLAC when it pulled back into 46?
[12:49] {Threei} ok, everyone's in coma
[12:51] {Threei} trailing ARBA to .65
[12:54] {Threei} BA
[12:54] {Threei} ANNOUNCES 30 NEW ORDERS FOR 737S FROM UNIDENTIFIED CUSTOMERS
[12:54] {Threei} aren't airlines in ruins?
[12:55] {Threei} sorry, forgot you are all in coma...
[12:55] {Threei} osbo, tangrick... talk to me guys, these sleeping beauties make me drowsy too
[12:55] {Threei} but I can't blame them, I annoyed them over the course of years
[12:56] {_osbo} mmmmmmmmmmm
[12:56] {GeoArb} i am busy whittling down my fat fingers
[12:56] {_tangrick} still here
[12:56] {Threei} they come here to sleep, and I bother them with all the stock picks
[12:56] {Threei} or trading lectures
[12:56] {Threei} but if I mention beer, or vodka, or bbqued ribs... just watch life coming back
[12:57] {GeoArb} cant you just put the trading money in our accounts? :)
[12:57] {_tangrick} watching and learning
[12:57] {Threei} don't hesitate to ask questions if got any
[12:57] {Threei} no Geo, sorry
[12:57] {magoo} beer????
[12:57] {GeoArb} seriously vad...... you need to open an IB friends and family account
[12:57] {GeoArb} vodka?
[12:57] {magoo} bbq??
[12:57] {Threei} I am firm believer in learning how to fish vs handing fish out
[12:57] {Threei} there... see?
[12:58] {_osbo} this is my first time in this kind of room, im just trying to figure out your trading approach
[12:58] {GeoArb} its not trading that counts.... its what you can eat/drink from trading
[12:58] {Threei} first idea is at Freelessons on our homepage
[12:58] {GeoArb} get the tape reading bok
[12:58] {GeoArb} solid
[12:58] {_osbo} thanks
[12:59] {Threei} IMO, MPP and TTR will put you on right course no matter what trading style and timeframe you pick
[12:59] {_tangrick} i have...that's how I got to know this site
[12:59] {Threei} oh, and blog too
[12:59] {Chaeron} sorry I've been on phone guys... didn't post... ARBA in .52, out .78 for +0.26
[12:59] {GeoArb} (lets not talk ARBA)
[13:00] {Chaeron} oh, sorry Geo... we'll make up for it on next one, you'll see
[13:00] {GeoArb} :)
[13:00] {Threei} after that, if you stay with day trading/scalping, video course will polish it all off
[13:00] {Threei} if move into swing trading area, some deeper TA maybe needed
[13:01] {Threei} not too much though
[13:01] {Threei} TA is a wierd animal... good helper if you stay with general understanding of tape reading principles, and can turn into foe if start relying on it as sole guidance
[13:02] {_tangrick} can one tape reading without level II?
[13:02] {Threei} tape reading is not time frame specific
[13:02] {Threei} its principles can be app,lied to any time frame, from intraday to monthly
[13:02] {Threei} and Level 2 is intraday tool
[13:03] {Threei} it's useless for anything but daytrading, and its role is limited to risk evaluation and some fine-tuning of your entries and exits
[13:03] {Threei} by no means it's a directional tool
[13:03] {Threei} try to use it for direction, you are doomed to trade for one-two ticks
[13:03] {Threei} which is great way to make your broker rich
[13:04] {Threei} I don't mind helping out broker... but only if I make money {G}
[13:04] {Threei} let me dig out blog post on tape reading
[13:05] {Threei} dealing with one of major misunderstandings about this approach
[13:07] {Threei} http://www.realitytrader.com/blog/2007/11/whats-in-name-or-what-is-tape-reading.html
[13:07] {_tangrick} thanks
[13:07] {Threei} sure
[13:07] {Threei} humor is crude... but that's my hallmark
[13:11] {_tangrick} I have read your book but still learning to apply. BTW i find your examples with stock prices showing fraction difficult to read. Is it normal to states price in fraction than decimal?
[13:11] {Threei} TTR was written during fraction times
[13:11] {_tangrick} ic
[13:11] {Threei} nothing really changed in principle
[13:11] {GeoArb} no new edition vad?
[13:11] {GeoArb} :)
[13:12] {Threei} it's just different presentation
[13:12] {Threei} all classic books you read will be in fractions
[13:13] {Threei} 1/4 = 25 cents... 1/8 = 12.5 cents...
[13:13] {Threei} blissful times
[13:14] {Threei} hit offer for 1K shares, offer it 3/8 higher, get hit in a few seconds, you made a living
[13:14] {Threei} do it twice, you made a better living
[13:15] {Threei} ARBA is stalling
[13:15] {Threei} second attempt to break, no go
[13:15] {Threei} tightening to .69
[13:15] {Threei} stop is now right under the closest support
[13:16] {Threei} if reverses for the day, profit is protected to its fullest
[13:16] {Threei} while still giving it a chance to go if it has any gas left
[13:18] {Threei} this social experiemnt becomes rather fascinationg... let's try it again:
[13:18] {Threei} vodka
[13:19] {GeoArb} which brand vad?
[13:19] {Threei} works
[13:19] {Chaeron} RAW
[13:19] {Threei} thank you
[13:19] {magoo} vodka???
[13:19] {magoo} iCE?
[13:19] {Chaeron} no... never.. out of freezer
[13:19] {Threei} right
[13:19] {GeoArb} stoli
[13:20] {Chaeron} if you have inferior brand, place peppercorns (4 - 5) in bottle and leave in freezer
[13:20] {GeoArb} very nice chaeron
[13:20] {dino} rexi
[13:21] {GeoArb} chaeron i need to visit you !!!!
[13:21] {Roman} 21 out JRJC 1.45
[13:22] {GeoArb} learning stocks and vodka........beautifull room
[13:22] {dino} \jrjc
[13:22] {dino} nice rfr
[13:23] {Threei} JRJC
[13:23] {Threei} REPORTS Q1 $0.18 V $0.13E, R$11.05M V $10.4ME
[13:23] * Threei sends http://www.realitytrader.com/vad/Shishkebab11.jpg to magoo to go with his shot of Stoli
[13:24] {GeoArb} hey !!! stoli was mine
[13:24] {Threei} I'll stay away from your parties though... do you really want this guest among your refined crowd: http://realitytrader.com/vad/CrazyRussian.bmp
[13:25] {Threei} done with ARBA
[13:26] {GeoArb} sniff ARBAAAAAAAAA
[13:26] {Chaeron} short it? :)
[13:26] {Threei} no idea
[13:26] {dino} rexi s .71
[13:26] {GeoArb} wassap with JRJC
[13:26] {Threei} [13:23] {Threei} JRJC
[13:26] {Threei} [13:23] {Threei} REPORTS Q1 $0.18 V $0.13E, R$11.05M V $10.4ME
[13:26] {GeoArb} oops :(
[13:27] {Threei} that's OK geo
[13:27] {Threei} I am very used to being ignored
[13:27] {Threei} and in fact quite comfortable with it
[13:32] {dino} you say something?
[13:32] {Threei} naah
[13:34] {Threei} JRJC feels topped out... this last bounce is on drying up volume
[13:34] {Threei} .60 closest resistance
[13:34] {Threei} jumpy
[13:34] {Threei} if you try to short it, do small shares
[13:35] {dptl} not in short list
[13:36] {Threei} do big shares then
[13:36] {Threei} safety is garanteed
[13:58] {Threei} yawn
[14:01] {Chaeron} .
[14:03] {dino} gmet sm s .87
[14:05] {Threei} what's TASR's problem
[14:05] {Threei} making 52 week lows slwoly
[14:06] {GeoArb} lots nes about safety
[14:06] {GeoArb} news
[14:06] {Threei} I would short it on 7 break if it wasn't so narrow
[14:06] {Threei} still holding half of PEIX short
[14:06] {Threei} look who dropped by
[14:06] * Threei slaps laserdave1 around a bit with a large trout
[14:07] * Chaeron slaps laserdave1 around a bit with a large trout
[14:07] * magoo slaps laserdave1 around a bit with a large trout
[14:08] {laserdave1} why thanks
[14:10] {GeoArb} dave.. sent you an email
[14:15] {dino} rexi stopped -.40
[14:20] {dino} gmet stopped .03
[14:23] {laserdave1} got it thanks geo
[14:23] {laserdave1} dcc if u need to talk to me
[14:23] {magoo} get this dave
[14:24] * magoo slaps laserdave1 around a bit with a large trout
[14:24] {laserdave1} got it
[14:24] {laserdave1} thanks
[14:24] {GeoArb} heh
[14:36] {Chaeron} we flat other than PEIX short?
[14:36] {Threei} I am
[14:36] {magoo} i got nada
[14:36] {magoo} waiting for vad to get off treadmill and backj to work
[14:39] {Threei} REMINDER: FED CHAIRMAN BERNANKE IS SCHEDULED TO SPEAK AT A WORKSHOP ON "RISK TRANSFER MECHANISMS AND FINANCIAL STABILITY" AT 2:30PMET- Bernanke's remarks will be given via video conference and are expected to be identical to a May 13 speech at a similar event. There will be no Q&A.
[14:41] {Threei} scanner slowed down to a crawl
[14:41] {Chaeron} shoot... I had a question for him... *sigh*
[14:42] {Threei} oh, I havfe a lot
[14:44] {Threei} starting with "how about abolishing your esteemed organisation altogether"
[14:44] {Chaeron} "Yeah right" he'd answer... "How would I make my mortgage payments?"
[14:45] {Threei} ummm
[14:46] {Threei} all McDonalds are closed in his neighborhood?
[14:46] {Threei} him flipping burgers would be at least some useful contribution
[14:55] {magoo} its time......................................
[14:55] {Threei} for?
[14:58] {Threei} RIMM .19 short if stays under .35
[15:01] {dino} fwlt l .00 sm
[15:06] {Chaeron} and RIMM disqualifies itself......
[15:12] {Threei} SATC interesting
[15:12] {Threei} tends to pul back closer to eod
[15:13] {Threei} will be interested in long around .60
[15:21] {Threei} MLN
[15:21] {Threei} HEARING DEALREPORTER REPORTS APPROACHED AS TAKEOVER CANDIDATE- DealReporter speculates LLY as potential acquire
[15:21] {Threei} AMLN
[15:25] {dino} amln
[15:26] {dino} s .65
[15:29] {Threei} beautiful
[15:29] {dino} cov .10, +.55
[15:32] {Threei} dp, look dcc please
[15:53] {dino} ok calling it a day thanks all
[15:53] {magoo} me too, ty
[15:53] {Threei} thank you all
[15:53] {dptl} have a good evening all
[15:53] {Threei} have a good evening, see you tomorrow
[15:53] {peterg} bye

May 28 2008

Session Time: Wed May 28 00:00:00 2008

[08:34] {hawkfan4} good morning
[08:36] {Threei} Good morning
[08:41] {hawkfan4} hi Vad. Airline stocks popping again off the oil drop
[08:43] {Threei} kind of hard to find a good trading candidate among them
[08:43] {Threei} you like any of them?
[08:44] {Threei} all I observed acted viscously
[08:44] {hawkfan4} i know, UAUA seems to have the most room to run
[08:45] {peterg} gm...
[08:45] {Threei} peter :)
[08:56] {Threei} oil around 126.50?
[08:56] {hawkfan4} 126.80
[08:56] {magoo} mornink copmrades in arms
[08:57] {Threei} lol, who would have thought it could be a price to feel some relief about
[08:57] {Threei} magoo :)
[09:03] {Threei} TGAL
[09:03] {Threei} RECEIVES ENDEAVOR AT(TM) PVD TOOL ORDER FROM MAJOR GLOBAL MAKER OF DISCRETE AND ANALOG SEMICONDUCTOR COMPONENTS
[09:03] {Threei} used to be an interesting player
[09:04] {Threei} Raven's favorite
[09:08] {fernp} good morning
[09:09] {Threei} fern :)
[09:15] {Threei} CSCO
[09:15] {dino} gm all
[09:15] {Threei} CEO SAYS EXTREMELY COMFORTABLE WITH A 12%-17% LONG-TERM GROWTH TARGET
- Adds now has more clarity on how to achieve long-term growth targets
[09:15] {Threei} - Notes that most likely scenario would be for economy improving at the end of 2008
[09:15] {GeoArb} gm
[09:15] {Threei} Geo :)
[09:17] {Threei} guys, website migrated to new server, so far all elements seem to be working fine... if you stumble onto something missing, broken link etc, please let me know
[09:17] {GeoArb} ummm now that you have migrated
[09:17] {GeoArb} remember about the scan links :D
[09:18] {Threei} ahha
[09:18] {Threei} I knew I've forgotten something
[09:18] {Threei} will get to it, ty
[09:20] {Threei} I tweaked JBE settings vs standard, works better, gotta out it there
[09:20] {Threei} still need to work on Capitulation window, not very happy with it
[09:25] {fernp} vad, in your blog the link to "Today's Trading Room Log" doesn't work
[09:29] {Threei} ty, will correct
[09:32] {Threei} watching CSCO and QCOM
[09:32] {Threei} QCOM .91 long if holding above .80
[09:33] {Threei} keep an eye on NQ
[09:33] {Threei} need its help
[09:34] {Threei} CSCO 26 break if holding above 25.90
[09:35] {Threei} QCOM invaliadetd for now
[09:38] {Threei} FLIR
[09:38] {Threei} .54 break long
[09:38] {Threei} half lot
[09:38] {Threei} if stays above .35
[09:40] {Threei} most likely not a scalp
[09:40] {Threei} with any NASDAQ help capable of more
[09:44] {Threei} come on NASDAQ, raise your head
[09:47] {magoo} if IF naz raises head..RIMM bounce
[09:47] {magoo} not looking good yet
[09:47] {Threei} ugh
[09:47] {Threei} stopped FLIR
[09:51] {magoo} l rimm .45
[09:51] {magoo} sorry fast
[09:53] {Threei} good entry
[09:53] {magoo} out here .80
[09:53] {Threei} wtg
[09:54] {magoo} ty
[09:57] {esemde} Ok...good morning...had to get our to camp Thunderbird....hope it doesn't rain
[09:57] {Threei} ese :)
[09:57] {esemde} morning Vad
[09:58] {dino} cedc
[09:58] {esemde} hmmm thats "daughter" to camp
[09:59] {Threei} you still in FCEL?
[09:59] {magoo} es:)
[09:59] {esemde} yes 1/2 lot
[09:59] {Threei} hit over 9.80
[09:59] {Threei} DRIV
[10:00] {Threei} half lot long .50
[10:00] {esemde} I see that....we'll just hang around a little bit and see what happens
[10:00] {Threei} if stays above .35
[10:00] {esemde} yes
[10:00] {esemde} your back in?
[10:00] {Threei} no
[10:02] {dptl} good morning all
[10:02] {esemde} dp
[10:02] {Threei} dp :)
[10:03] {dino} cedc sm l .20
[10:08] {Threei} oil seems to becoming major market mopving factor
[10:08] {Threei} USO spike
[10:08] {Threei} watch NASDAQ dropping
[10:08] {esemde} moves my vehicle....why not the market....
[10:08] {Threei} really
[10:09] {esemde} oh all right.....just kidding......i usee water in my trooper....little know secret
[10:10] {dino} lol es
[10:11] {esemde} nice bounce CEDC dino.....when do you decide to exit
[10:12] {Threei} anyone holding PEIX short?
[10:12] {esemde} not I
[10:13] {dino} out cedc .75, +.55
[10:14] {Threei} wtg
[10:14] {esemde} nice dino.....what is your exit decision?
[10:15] {Threei} {dino} enough for nice lunch
[10:15] {esemde} ha ha ha ha........good one.....
[10:16] {dino} weakened at 70, moved stop tighter
[10:17] {dino} double bottom maybe
[10:17] {magoo} vad, we trusting/using inet today or arca?
[10:17] {Threei} everything works so far
[10:20] {Threei} again, loook at USO spike and NASDAQ drop
[10:20] {dino} waiting 68.41
[10:22] {Threei} trying to see if there is a lag between USO and QID
[10:22] {Threei} so we could play QID off USO moves
[10:22] {dino} 4 letter lag q-u
[10:24] {dino} ok sm l .41 too soon
[10:25] {dino} ivgn
[10:26] {dino} stopped cedc -.41 there goes lunch
[10:27] {Chaeron} good morning all
[10:27] {Threei} chaeron :)
[10:28] {magoo} chaer broil:)
[10:28] {Chaeron} heheh
[10:29] {magoo} RIMM stronger than naz vad
[10:29] {Threei} CSUN again?
[10:29] {Threei} Phoenix...
[10:29] {esemde} morning CH
[10:30] {Chaeron} hiya ese
[10:31] {Threei} RIMM wortn a try here with .85 stop mags
[10:31] {magoo} id like it more @ .50 area
[10:31] {dino} cedc rinsed
[10:31] {magoo} 136.50 that is
[10:32] {Threei} would be nice but USO is dropping
[10:32] {magoo} ahh
[10:33] {Threei} hectic moves
[10:35] {dino} hurc l sm .01, stop lod
[10:35] {magoo} FLIR tries
[10:39] {dino} sigm l .25 sm, stop .94
[10:42] {Roman} 21 ANKS
[10:42] {Roman} 21 animial
[10:42] {Roman} 21 wants 7.4
[10:42] {Threei} AKNS?
[10:42] {Roman} 21 AKNS
[10:42] {Roman} 21 sorry
[10:42] {Threei} got upgraded with target 13 or something like that
[10:44] {Roman} 21 i am bidding on pullback to 6.75
[10:45] {Roman} 21 VVUS vad?
[10:46] {Threei} nothing new, overcomes new shares offering news
[10:47] {Threei} 7.25 ysterday high, 7.32 from last week
[10:48] {Threei} not sure... volume is drying up on it
[10:50] {Threei} AKNS doesn't seem to want to pullback really
[10:55] {fernp} out GVHR +.40
[10:55] {Threei} wow
[10:55] {Threei} wtg
[10:57] {magoo} RIMM interesting here
[10:57] {magoo} in long .35 just now
[10:58] {dino} sigm stopped -.28
[10:58] {Threei} AKNS seems to move opposite to market
[10:58] {Roman} 21 long USU
[10:59] {Roman} 21 slow , 1/2 size 6.60
[11:00] {dino} cedc sm l .25, stop .94
[11:03] {dino} hurc stopped
[11:06] {magoo} mkt almost killed my rimm long
[11:06] {magoo} waiting .71
[11:10] {judijim} gm all
[11:10] {Threei} jj :)
[11:14] {magoo} god dammit..03 cents off my exzit
[11:15] {Threei} ugh, I thought you shrugged and hit it
[11:15] {magoo} god damm phone call
[11:15] {Threei} was too close to your exit to let it slip away
[11:16] {Threei} no way I would have picked up phone while in RIMM
[11:16] {Chaeron} running again for you I hope magoo
[11:17] {magoo} out .71
[11:17] {magoo} ty gyuys
[11:18] {magoo} +.36
[11:18] {Threei} whew
[11:20] {Threei} and just in time for another market drop
[11:21] {dino} fstr l .00, stop lod
[11:21] {magoo} lucky..it was like 2 trades really..pulled back .27 area
[11:21] {Threei} Roman, still interested in AKNS?
[11:25] {Roman} 21 yes
[11:31] {dino} hurc blood
[11:32] {Threei} !@#$%
[11:33] {Threei} hesitated to call AKAM break at 37.78
[11:33] {Chaeron} short that one?
[11:33] {Chaeron} oh man... nice one too
[11:34] {magoo} he who hesitates forever feels slow to respond
[11:34] {Threei} CSIQ
[11:35] {Threei} 39.10 long half lot
[11:36] {Threei} stop under .90
[11:39] * Threei dangles carrot in front of CSIQ nose
[11:39] {Chaeron} hmmm... different... no boot, 2x4?
[11:41] {Threei} trying gentle approach
[11:41] {GeoArb} ahh a gentle russian
[11:41] {magoo} like magoo
[11:41] {GeoArb} dry rain
[11:42] {magoo} is that a mixed drink?
[11:42] {GeoArb} :)
[11:48] {magoo} jumpy lil bugger
[11:51] {Threei} half out CSIQ .50
[11:51] {Threei} +.38
[11:52] {peterg} very nice
[11:52] {Threei} ty
[11:52] {Threei} I have my moments
[11:52] {Chaeron} and carrot didn't hurt either :)
[11:52] {Threei} lol
[11:52] {GeoArb} profitable moments?
[11:52] {GeoArb} or gentle moments?
[11:52] {magoo} waiting .68
[11:52] {magoo} kickin it
[11:53] * Threei hangs another carrot at 35.85 and closes his eyes
[11:53] {Threei} 39.85 that is
[11:53] {GeoArb} lol
[11:53] {Chaeron} CSIQ in .11 out .57 +0.46 ... many thanks Vad
[11:53] {Threei} welcome sir
[11:53] {GeoArb} almost sounds romantic
[11:53] {peterg} the romance of the market!
[11:54] {Threei} great... now I am gentle AND romantic??
[11:54] {Chaeron} the softer side of Vad
[11:54] {GeoArb} lets talk feelings...
[11:54] {Threei} eeck
[11:54] {peterg} gasp
[11:55] {dino} cme ouch
[11:55] {GeoArb} wow
[11:56] {Threei} met dave for dinner yesterday btw... his first words were "lordy... you won't get offeneded if I look other way while we eat? your look is perfect appetite suppressant"
[11:56] {Threei} so... not much in gentliness and romance department {G}
[11:56] {Chaeron} dang... harsh
[11:56] {GeoArb} lolol
[11:56] {GeoArb} i always liked dave
[11:56] * Threei slaps laserdave1 around a bit with a large trout
[11:56] * Chaeron slaps laserdave1 around a bit with a large trout
[11:56] {GeoArb} hey dave any time you wanna come to LA to play poker let me know
[11:57] {magoo} out ty vad
[11:57] {Threei} welcome
[11:57] {magoo} + .63
[11:57] {magoo} in 03
[11:57] {Chaeron} nice one mags
[11:57] {Threei} but I made him pay for dinner... so it worked out fine
[11:57] {GeoArb} heh
[12:07] {GeoArb} off to work.... good trading all
[12:07] {Threei} take care Geo
[12:07] {Chaeron} bye Geo
[12:07] {GeoArb} btw CBRL interesting
[12:09] {Threei} corrected the broken link fern, thanks again
[12:09] {magoo} bye geo
[12:20] {fernp} yes, now works fine. welcome.
[12:24] {Threei} finally CSIQ
[12:24] {Threei} out +.73
[12:25] {Chaeron} beauty
[12:29] {Threei} trying to get a feel on AKNS
[12:29] {Threei} is it time to grab it or not
[12:31] {Threei} I guess .81 worth a try with .74 stop
[12:50] {Threei} wow... CSIQ
[13:03] {dino} nile
[13:05] {Chaeron} euphrates
[13:05] {Threei} lol
[13:05] {Threei} watching SOLF
[13:05] {dino} lol slow
[13:06] {dino} denialo
[13:06] {Chaeron} :)
[13:06] {dino} x the o
[13:06] {dino} sohu
[13:09] {Roman} 21 long ESLR
[13:09] {Roman} 21 10.88, 1/2
[13:10] {Threei} VVUS new highs
[13:11] {Threei} t kind of statement is that:
[13:11] {Threei} what kind
[13:11] {Threei} FED'S STERN: TAKES RESPONSIBILITY TO MAINTAIN FINANCIAL STABILITY SERIOUSLY
[13:12] {Threei} is this an optional for feds?
[13:12] {Threei} some decide to take it seriously, others don't
[13:17] {dino} wow thats news
[13:44] {magoo} ,
[13:53] {magoo} ..
[13:53] {Threei} ...
[13:54] {Chaeron} hey!!!! I gotta sweep that stuff up after the close!
[13:54] {Threei} magoo's fault
[14:11] {Threei} AOLF, watch for pullback into .50 or so for ,long
[14:11] {dptl} solf?
[14:11] {Threei} SOLF, sorry
[14:12] {dptl} i though so:)
[14:12] {Threei} CSIQ spiking agaibn, may not get pullback on SOLF
[14:14] {dino} cedc stop to .80
[14:17] {dino} slip out .74, _
[14:17] {dino} +.49
[14:20] {Threei} oil above 130 again
[14:20] {Threei} my yesterday's suspicion that we got just abrief break unofrtunately was right
[14:21] {Threei} this is the case where I would be oh so happy to be mistaken
[14:21] {magoo} we missed a helluva reversal in fslr..13 points
[14:22] {Threei} I don't give a crap about FSLR
[14:22] {Threei} it's not a stock where you can control risk
[14:22] {Threei} we haven't missed reversal in solars, have we?
[14:22] {Threei} but FSLR will be the last one I would trade in the group
[14:25] {Threei} PEIX, covering half
[14:25] {Threei} short from yesterday's 4.10 entry
[14:26] {hawkfan4} nice job
[14:26] {Threei} ty
[14:26] {magoo} i don't give a crap about a hold from yesterday (as magoo runs for cover w/vodka bottle in hhand)
[14:27] {Threei} you better
[14:27] {magoo} better give a crap or run?
[14:29] {Threei} run... and leave that vodka right where you are
[14:31] {dino} it's in the freezer
[14:32] {Threei} locked?
[14:32] {Threei} 'cause with magoo around, you know...
[14:33] {magoo} was so drunk last nite...woke up to cell phone ringing in the freezer and bottle of vodka on night stand
[14:34] {Chaeron} roflolpip
[14:41] {Threei} AOLF into support
[14:41] {Threei} SOLF
[14:42] {Threei} want top see CSIQ spiking again and SOLF starting upticking
[14:42] {Threei} .61 long with stop under .50
[14:43] {Threei} CSIQ new high
[14:48] {Threei} stubborn seller at .64
[14:50] {dino} fstr stop to .19
[14:50] {dino} .18 i mean
[14:50] {dino} sharapova on the tv
[14:51] {dino} tennis match w/rodina
[14:51] {Threei} no worky SOLF this time
[14:54] {dino} back in 10
[14:54] {dino} stop to .20
[15:12] {Threei} wtaching CSIQ/SOLF pair to see if we get one more play off them
[15:13] {Threei} CSIQ is leading
[15:13] {Threei} if spikes sharply for end of day run, SOLF is likely to follow
[15:13] {magoo} and the better range
[15:16] {Threei} oil inventory numbers moved to tomorrow because of short week
[15:18] {Threei} ugh... missed SOLF under .80
[15:18] {Threei} really looked like one more leg down
[15:19] {magoo} any read aapl?
[15:19] {Threei} none
[15:20] {dino} jaso l .09
[15:23] {magoo} man CSIQ is nasty
[15:24] {Threei} that's your broad range
[15:26] {Threei} can't believe I stalked SOLF tick by tick and missed it, lol
[15:28] {dino} out jaso .14, +.05
[15:32] {dino} sm s gvhr .50
[15:34] {magoo} u gotta focus on easier stox like bidu..fslr he he
[15:34] {Threei} yup, that's what I plan to do in my 9th lifetime
[15:49] {dino} cov gvhr .40, +.10
[15:53] {magoo} oik ty vad everyone c u tomorrow
[15:54] {Threei} thank you all
[15:54] {dino} take care all, tee time in 30
[15:54] {Threei} have a good evening, see you tomorrow
[15:55] {dptl} have a good evening all:)
[16:18] {judijim} take care, check in tomorrow have a good evening