Session Time: Thu Jul 10 00:00:00 2008
[08:21] {Threei} Good morning
[08:21] {Threei} FRE all time lows
[08:21] {Threei} FNM follows the suit
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 346K V 395KE;
[08:30] {Threei} ONTINUING CLAIMS: 3.202MM V 3.140ME
[08:30] {Threei} Prior Continuing Claims revised from 3.116M to 3.111MM
[08:34] {brian3579} gm all
[08:34] {Threei} brian :)
[08:44] {Threei} 07/09/08 08:25pm
[08:44] {Threei} (US) WSJ reports that President Bush's administration has held discussions about what to do in the event that Fannie Mae and Freddie Mac falter - WSJ
[08:44] {Threei} - The report cites 3 people familiar with the situation.
[08:44] {Threei} - According to the article, these talks have been going on for months and are part of normal contingency planning that the Treasury Dept and other financial regulators regularly undertake, but the talks have become more serious recently.
[08:44] {Threei} at this rate they'll be at zero next week
[08:46] {Threei} WB
[08:46] {Threei} CHAIRMAN SMITH: WE HAVE A STRONG CAPITAL FOUNDATION AND OPTIONS FOR ADDRESSING THE CAPITAL BASE - CONF CALL COMMENTS
[08:47] {Threei} yup
[08:57] {magoo} mornink comrades
[08:57] {Threei} magoo :)
[09:00] {dino} gm all, brb
[09:00] {Threei} dino :)
[09:00] {Threei} hurry back
[09:00] {tomg} gm all
[09:01] {Threei} you want to be here for historic moment of FNM and FRE hitting zero, and if you are away for more than 15 minutes you do risk to miss that
[09:01] {Threei} tom :)
[09:01] {Threei} OPEC: CUTS 2015 DEMAND FORECASTS, SAYS EIA AND IEA ARE TOO OPTIMISTIC REGARDING FUTURE DEMAND
[09:02] {Threei} TGAL
[09:02] {Threei} RECEIVES 901ACS PLASMA ETCH SYSTEM ORDER AND ACS UPGRADE ORDERS FROM LEADING MAKER OF COMMERCIAL BIOMEMS-BASED MEDICAL TESTING PRODUCTS
[09:02] {fernp} Good morning all
[09:06] {Threei} fern :)
[09:07] {magoo} what ya thinking for today vad?{i know, i know..u don't think} BUT u usually have good feel...as in, little selloff then up? or more drearey down what?
[09:07] {Threei} you know, so far no feel at all
[09:07] {Threei} tried to get some read,
[09:07] {Threei} and found out that this is kind of day when anything can happen at any moment
[09:08] {Threei} FRE/FNM situation is ripe for some extreme events
[09:08] {Threei} and possible external interventions
[09:08] {Threei} and whole market will react violently if something happens with those two
[09:09] {Threei} I had an interesting talk yesterday with a guy who has a window into quite a few trading accounts at many brokerages
[09:09] {Threei} his words:
[09:10] {Threei} "a lot of traders who made money consistently year over year are hurting badly last month or so"
[09:10] {Threei} I am not surprized
[09:11] {Threei} extreme chop makes practically any system prone to more frequent stops
[09:11] {Threei} we see it too
[09:14] {judijim} good morning everyone
[09:15] {Threei} jj :)
[09:15] {cosmo} FCSX: FCStone misses by $0.05, beats on revsBriefing.com(Thu 8:05am)
[09:15] {magoo} yeah vad, i am down mon..up tues..down wed...hopefully up today...SIGH
[09:16] {magoo} like my RIMM short yesterday...rinse then collaspe
[09:16] {dino} rinse city boys
[09:16] {Threei} what a relentless selling on these two
[09:18] {Threei} both are shortable on Laser
[09:19] {Threei} let's stick to a very conservative side today
[09:20] {Threei} it's likely to be very choppy and listless
[09:24] {dptl} good morning all
[09:26] {Threei} dp :)
[09:28] {dino} colb ouch
[09:32] {Threei} 8.50 half lot short FRE if stays under .75
[09:34] {Threei} 1:1
[09:34] {Threei} scalping only at this point
[09:35] {tomg} nice one vad, missed it myself (:
[09:35] {Threei} FNM considerably stronger
[09:36] {Threei} 13.50 nearest resistance for it
[09:36] {Threei} not sure whether short it here or wait for stronegr bounce
[09:38] {Threei} RMBS .39 short if stays under .60
[09:38] {Threei} FRE bottomless
[09:39] {Threei} let's do half lot RMBS
[09:42] {Threei} 1:1
[09:42] {Threei} and over
[09:42] {Threei} my a$$ is out
[09:42] {tomg} missed again, all thumbs today
[09:43] {Threei} taking the surest money today
[09:43] {Threei} it bounced right into trigger after setting up...
[09:43] {Threei} gave entry chance
[09:43] {tomg} my fault, looked away a min
[09:44] {Threei} {AWAY} I am a looker alright
[09:44] {tomg} :)
[09:45] {tomg} got LEH long, though
[09:45] {Threei} nice spike on it
[09:45] {tomg} got out too soon, argh
[09:46] {Threei} no such thing today
[09:46] {Threei} take sure money
[09:46] {tomg} ok
[09:46] {Threei} smackdowns will be so violent, you can go from nice gain to disgusting loss faster than you can say OY
[09:46] {dino} aaww
[09:46] {Threei} have a look at LEH right now for illustration
[09:46] {tomg} yep, see what you mean
[09:47] {tomg} wow
[09:47] {tomg} happy with my .50 , whew!
[09:47] {magoo} nice start vad
[09:47] {Threei} ty mags
[09:47] {Threei} there you go tom... almost one buck down in one exhale
[09:48] {tomg} man
[09:48] {tomg} in less than a minute, too
[09:48] {Threei} ugh, missed WB long... didn't trust it
[09:50] {Threei} REPORTEDLY US TSY PAULSON TO MAKE COMMENTS FOR NEED FOR TIGHTER MARKET OVERSIGHT AND DISCIPLINE
[09:51] {Threei} closing barn doors after horses are gone?
[09:51] {Threei} where was this guy when banks flooded market with mortgage-back derivatives
[09:51] {Threei} backed
[09:52] {Threei} WB, reluctant long closer to 13.50
[09:52] {Threei} half lot!
[09:52] {Threei} wait with entry for FNM bounce
[09:53] {Threei} in
[09:53] {Threei} .39 stop
[09:54] {Threei} got .56
[09:54] {tomg} .57 here
[09:54] {Threei} stop to .45
[09:55] {Threei} not taking any chances for bigger loss than I can shrug off
[09:55] {Threei} rather will be shaken out than risk any quick selloff with slippage
[09:56] {Threei} needs to break .65
[09:57] {Threei} out
[09:57] {tomg} out
[09:57] {Threei} FNM losing ground again
[09:58] {cosmo} SYMC 19.24 = hod fwiw
[09:59] {cosmo} testing
[10:01] {Threei} TREASURY SEC PAULSON: FRE AND FNM ARE ADEQUATELY CAPITALIZED, FINANCIAL FIRMS MUST BE ALLOWED TO FAIL
[10:01] {cosmo} along with the home owners
[10:03] {dino} will 11120 hold?
[10:03] {Threei} Doesn't like it will
[10:04] {dino} thinking no
[10:04] {Threei} doesn't look
[10:04] {Threei} FRE
[10:04] {Threei} .49 short half lot
[10:04] {Threei} if stays under .65
[10:05] {Threei} 1:1 easy
[10:05] {Threei} covering half
[10:05] {Threei} let's try to ride a little
[10:05] {Threei} if no worky, back to scalps
[10:05] {dino} they are gearing up for a failure, "the problem of to big to fail"
[10:06] {Threei} sounds right
[10:06] {Threei} and scary
[10:06] {Threei} out second half
[10:07] {Threei} scalps r us
[10:08] {Threei} too many external noises are being made and each impacts the market
[10:08] {Threei} too ensitive to news and sound bites
[10:13] {Threei} FRE .49 short half lot
[10:13] {Threei} .65 stop
[10:13] {Threei} FNM diving
[10:14] {Threei} should take FRE with it
[10:15] {Threei} 1:1
[10:15] {dino} new lows dji
[10:18] {Threei} XLF 18.99 short if stays below 19.10
[10:19] {Chaeron} Good morning all
[10:21] {Threei} chaeron :)
[10:21] {Threei} missed a few good ones
[10:22] {Chaeron} hope there are more
[10:23] {Threei} SPOKESPERSON: FRE HAS 'ABSOLUTELY ENOUGH CAPITAL', COMMITTED TO RAISING ADDITIONAL CAPITAL WHEN APPROPRIATE
[10:23] {Threei} - States capital raise depends on market conditions{FNM XLF}
06[10:23] * Threei is crying
[10:25] {Threei} LEH
[10:25] {Threei} CNBC'S FABER: THERE ARE LOTS OF RUMORS, THEY ARE NOT TRUE, BUT THAT DOESN'T MATTER
[10:25] {Threei} huh?
[10:25] {Threei} new low FRE
[10:25] {Threei} and FNM
[10:26] {Threei} OK, this starts looking as panic
[10:27] {dino} v sm, risky, l cme 309.01
[10:27] {Threei} REPUBLICAN PRESIDENTIAL CANDIDATE MCCAIN: US CAN NOT ALLOW FRE, FNM TO FAIL
[10:28] {Threei} see tis headline and bounce?
[10:28] {Threei} unbelieavble sensitivity to any sound bite
[10:29] {dino} yeah, and we thought magoo was sensitve
[10:30] {Threei} sensitive magoo - now this is the concept I need a while to get used to
[10:31] {Threei} didn't we read yesterday somewhere that FNM backs up about 70% of mortgages in USA?
[10:31] {Threei} if memory serves me right and it's so... what could mechanics of its failure even be??
[10:34] {Threei} careful long FRE here
[10:34] {Threei} stop under .25
[10:34] {Threei} so keep size reasonable
[10:34] {Threei} not a scalp
[10:34] {Threei} aiming for closer to 8
[10:39] {Threei} held support with nice precision so far... now go you lame half dead financial mess
[10:39] {Chaeron} ah... the softer, kinder, nicer side of Threei
[10:39] {Threei} lol
[10:40] {Chaeron} cut the crap and use the boot or 2x4
06[10:40] * Threei kicks FRE in the rear with heavy duty army boots
[10:41] {Threei} lookie lookie
[10:41] {Chaeron} see?
[10:41] {magoo} wow..u ok?
[10:42] {Threei} me??
[10:42] {Threei} ask FRE!
[10:42] {magoo} yeah
[10:42] {Chaeron} where exit?
[10:42] {Chaeron} 8?
[10:42] {Threei} your choice
[10:42] {magoo} .93
[10:42] {Threei} scalp or hold
[10:42] {Threei} or partial
[10:42] {Threei} all bets are off today
[10:43] {Threei} we all have different risk tolerance
[10:43] {Threei} I don't want to impact your decision on such dangerous day
[10:43] {Threei} my personal is wehat magoevsky said
[10:44] {Threei} but I have a few nice wins from previous trades under my belt
[10:44] {Threei} and you camne in late for those
[10:44] {Chaeron} today's dangerous?
[10:44] {Threei} that does it
06[10:44] * Threei slaps Chaeron around a bit with a large trout
[10:44] {dptl} lol
[10:45] {Chaeron} I'm still waiting for your MOAB calls
[10:46] {Threei} not yet...
[10:46] {Threei} IMO{ this bear hasn't run its course yet
[10:46] {Chaeron} ok, how many of you punched in MOAB into your Level2? Truth now gang... LOL
[10:46] {Threei} lol
[10:46] {Threei} WHITE HOUSE: FOCUSED ON LEGISLATION FOR FRE, FNM THAT WILL PROVIDE MARKETS WITH CONFIDENCE
[10:47] {Threei} hmmm
[10:47] {magoo} what u get as entry ?
[10:47] {Threei} I'd expect more upside off this soundbite
[10:47] {Threei} maybe partial
[10:48] {Threei} .47
[10:48] {Threei} half out for me here
[10:48] {Threei} changing plan a little
[10:49] {Threei} market sharp downtick again
[10:50] {Threei} I guess while govt sounds like its ready to bail them out, nobody knows what terms would be
[10:50] {Threei} I mean, Bear Sterns bailout didn't do much for shareholders, right?
[10:50] {Threei} so immediate impact on trading is contained by that uncertainty
[10:51] {Threei} my stop is trailed to .45 on FRE
[10:51] {Chaeron} FRE in .27 out .80 +0.53... thanks Threei
[10:51] {Chaeron} (sorry about the agressive entry but had a tight stop)
[10:52] {Threei} why sorry
[10:52] {Threei} which type of entry one takes is entirely up to one
[10:52] {Chaeron} not normal
[10:52] {Threei} regular vs aggressive vs conservative
[10:55] {Threei} FED'S BERNANKE: FED IS PAYING ATTENTION TO FINANCIAL SYSTEM, FEELS MARKET REFORM SHOULD BE COMPLETELY CORRECTLY RATHER THAN WITH SPEED - Q&A
[10:57] {magoo} the news imo..is setting us up for move to greenland
[10:57] {magoo} any thoughts vad
[10:57] {Threei} can't tell really
[10:57] {Threei} it changes too quick and too often
[10:58] {Chaeron} patience is required
[10:58] {Chaeron} personally I am glad she's here everyday..............
[10:59] {patience} laughing
[10:59] {Threei} FNM sharp selling
[10:59] {Threei} FRE is holding a little better
[10:59] {Threei} out second half
[11:00] {Threei} letting it sort out the mess a little before I look for the next setup
[11:00] {Threei} also I need a little time to fix my shoulder
[11:01] {Threei} dislocated it while patting myself on the back for the precision with which FRE held stop level
[11:04] {Chaeron} anyone else having chart feed probs?
[11:04] {magoo} good here on serv 1
[11:05] {Threei} PIMCO SPOKESPERSON: PIMCO CONTINUES TO TRADE WITH LEH
[11:06] {Chaeron} thanks mags
[11:10] {magoo} works for u?
[11:11] {Chaeron} now it is on there... thanks
[11:28] {Chaeron} .
[11:28] {Threei} fine point
[11:29] {Threei} S SENATE VOTES TO LIMIT DEBATE ON THE THIRD SECTION OF THE HOUSING BILL, AS EXPECTED
[11:29] {Threei} - this procedural vote allows the Senate to move forward with a vote on the full housing bill
[11:29] {Threei} - note: the bill had been held up for several weeks by an attempt to attach a rider that would add billion of dollars in renewable energy tax credits. The sponsor of that rider said he would drop his efforts to add it into this bill.
[11:31] {magoo} vads, u got any friar tuk left?
[11:34] {magoo} out here .60 + 1 point
[11:34] {Chaeron} beauty magoo
[11:35] {patience} good day for you magoo :)
[11:36] {Threei} wtg mags
[11:38] {Threei} US TREASURY'S PAULSON: CONFIRMS STRONG USD POLICY, AS US HAS 'BEST LONG TERM FUNDAMENTALS' OF DEVELOPED COUNTRIES, WILL BE REFLECTED IN VALUE OF CURRENCY
[11:40] {Threei} CFTC NOTES THAT IT HAS OBSERVED NO SYSTEMATIC EFFORT TO INCREASE OIL PRICES
[11:40] {Threei} oh good
[11:43] {Threei} FNM pullback should be buyable
[11:43] {Chaeron} as close to...?
[11:44] {Threei} about here
[11:47] {Threei} in
[11:47] {Threei} stop under .80
[11:48] {Threei} not time yet
[11:49] {Threei} next leg down then
[11:49] {Threei} closer to .50
[11:51] {dino} wynn blood
[11:51] {Threei} .67 - .97 scalp... too fast to post sorry
[11:56] {Threei} WB
[11:56] {Threei} CEO STEEL: DEPOSITS AND BASIC LENDING ARE STRONG
[11:56] {Threei} the more they repeat it...
[11:56] {Threei} FED'S BERNANKE: GSES `WELL CAPITALIZED' ON A REGULATORY BASIS
[12:00] {Threei} watching NLY for pullback long entry
[12:03] {Threei} if no pullback, then .75 long with stop under .60
[12:04] {Threei} would love to see FNM goping upo for NLY entry
[12:05] {Threei} WB
[12:05] {Threei} RATINGS ON REVIEW FOR POSSIBLE DOWNGRADE AT MOODY'S
[12:07] {Threei} GEORGIA RECALLS ITS AMBASSADOR FROM RUSSIA FOR CONSULTATION
[12:10] {Threei} scratching N LY
[12:10] {Threei} stalled
[12:10] {Threei} want easy money only today
[12:15] {magoo} i do{oops..thought it was a question}
[12:16] {Threei} lol
06[12:16] * magoo slaps patience around a bit with a large trout
[12:17] {patience} ok, magoo, what's up
[12:18] {magoo} u are now designated my official dave warm up slap-ee
[12:18] {patience} magoo, you make me feel special
[12:19] {magoo} u are special to magoo
[12:24] {judijim} wehave been been trading only momentum trades for 10 to 30 minutes once or twice a week.
[12:25] {Threei} whatever works jj
[12:25] {magoo} from what u been posting, u have been doing quite well
[12:25] {Threei} if you used chicken entrails as indicator for entry and it was profitable - I say more power to you
[12:25] {magoo} 2 days over a grande each correct?
[12:26] {judijim} yes
[12:26] {Threei} now, if you had to bury a bat bone on the crossroad in full moon night - that could be aproblem
[12:27] {Chaeron} other than waiting for a full moon, what's the problem?
[12:27] {Threei} catching a bat, too much work... and most crossroads are covered with concrete these days, again increases a workload
[12:27] {Chaeron} details, details :)
[12:28] {Threei} chicken entrails on the other hand...
[12:28] {kazaam} hmmm, all these methods sound better than mine, throwing darts at my lcd...
[12:29] {judijim} today we tried 10 stocks and was up over 1100 dollars and before we could get out we made only 93 dollars
[12:29] {Threei} I like that one kaz... the trouble is I hit the LCD too often
[12:29] {Threei} wow jj
[12:29] {Threei} what happened?
[12:30] {Threei} they moved against you too fast for exit?
[12:30] {judijim} the timing was wrong
[12:30] {Threei} well, today was very hectic
[12:31] {dptl} what is your lot size judi...if i may ask?
[12:32] {magoo} what im interested in hearing is how the two of your can decide together{and in a timely fashion} on entries and exits
[12:32] {judijim} we buy only 100 shares right now
[12:32] {judijim} 10 stocks at a time
[12:33] {dptl} $1100 with 100 shares?
[12:33] {judijim} in a couple of months going to maybe200 each
[12:34] {judijim} we always buy 100,000 dollars at a time
[12:34] {magoo} whattttttttttttttttttttttttt? as magoo faints
[12:34] {dptl} so its about a $1 everege win per stock?
[12:35] {dptl} i am confuse
[12:35] {dino} out cme 313.21, +4.21
[12:35] {judijim} I was trying to dcc Vad , dont want to step on any toes
[12:35] {Threei} you don't... share freely :)
[12:35] {Threei} and to dcc, simply doubleclick on my nick
[12:35] {dino} tough crowd
[12:36] {judijim} since may 19, up just over 20,000 dollars
[12:36] {dino} magoo was only joiner
[12:36] {Threei} yes dino... they can focus on one person at a time
[12:36] {dino} dino is back
[12:37] {Threei} to chew gum and walk - no can do
[12:37] {judijim} i would be glad to share the stocks with anyone
[12:37] {Threei} you have floor jj
[12:38] {judijim} we buy on the high offer to save time
[12:38] {magoo} ok ok ...dino..........i took his trade at 307.00 and exited 311.56 THERE
[12:38] {judijim} and sell on the high offer
[12:38] {Threei} if you want, I'll efdit it out when post room transcript so it remains within RT
[12:40] {magoo} sheesh.i hope u edit some of my wise cracks boss
[12:40] {judijim} all our stocks are low pe and high growth type for investing, except we day trade these stocks
[12:41] {judijim} we were using two level twos for hedge when swing trading but not for about 6 weeks
[12:42] {dptl} i see .....ty
[12:43] {judijim} we found that our stocks move different from the dow and s&p
[12:44] {dino} ha, different, you should see magoo try to dance
[12:45] {judijim} also, for the last 3 weeks, been trading same stocks each day we trade
[12:47] {dino} whatever you're doing, keep doing it, gj
[12:47] {Threei} {magoo} sheesh.i hope u edit some of my wise cracks boss {---- nope, I actually add to them
[12:47] {magoo} man o man..vad hasn't made 20k in 2 years he he {as magoo grabs vodka and heads for nearest cave}
06[12:47] * Threei slaps magoo around a bit with a large trout
[12:47] {judijim} today was the first day we trades short beleive it or not in about two months
[12:48] {kazaam} are you trading stocks that are in the dow and sp?
[
[12:50] {dino} fmcn drops
[12:51] {judijim} we still have problem of exiting too soon
[12:51] {kazaam} mmmm, clf and anr are so good to me, makes me want to compose a song for them
[12:52] {kazaam} but of course, vad will have to sing it
[12:52] {kazaam} i am no singer
[12:53] {Threei} you don't want to be around when I siign
[12:53] {Threei} sing
[12:53] {Threei} people have been known to break down windows trying to get out of the zone of horror
[12:54] {judijim} yesterday, we got out at over 1000 dollars in ten minutes and then watched the rise another 2700 dollars in another 20 minutes
[12:55] {judijim} all done by 7:20 am yesterday morning
[12:56] {Threei} FMCN small shares short IF breaks down .40
[12:57] {Threei} .55 stop
[12:58] {dino} want it long off of 22.60
[12:58] {Threei} yup, if breaks .60 likely to bounce
[12:58] {Threei} wait, 22?
[12:58] {Threei} or 23?
[12:59] {dino} 22.60 waiting for it
[12:59] {Threei} oh OK, misunderstood you
[12:59] {dino} most likely won't happen, but lets see
[13:05] {judijim} signing off , have a great day everyone
[13:06] {Threei} take care jj, thanks for sharing
[13:06] {dptl} ty judi
[13:07] {kazaam} tks, cya tomorrow
[13:08] {dino} cya jj
[13:08] {Threei} no worky
[13:11] {magoo} good deal jj:)
[13:11] {dino} sm l fmcn .60 stop lod
[13:30] {dino} cavm sm l .80
[13:32] {Threei} RMBS
[13:32] {Threei} .41 long
[13:32] {Threei} .29 stop
[13:50] {Threei} no worky
[14:00] {dino} fmcn stop to b/e
[14:11] {dino} good thing, fell fast
[14:16] {Threei} wow
[14:17] {Threei} watched FRE trying to determine whether it's time to short
[14:17] {Threei} when it dropped before my very eyes almost 20 cents in no time
[14:18] {kazaam} here comes oil
[14:21] {Threei} FORMER FED PRESIDENT POOLE SUGGESTS THE GSES SHOULD BE NATIONALIZED - TV INTERVIEW
[14:21] {Threei} - follows comments he made overnight that the GSE's are "insolvent" and are increasingly likely to need a bail out
[14:21] {Threei} Y
[14:21] {Threei} I
[14:21] {Threei} K
[14:21] {Threei} E
[14:21] {Threei} S
[14:21] {Threei} is this waht oil reacted to?
[14:22] {Threei} seeing nationalizing of FRE/FNM as hugely inflationary step?
[14:25] {dino} don't really know what to make of it, other than the mortgage guarantees are good
[14:25] {Threei} implications are too deep and wide
[14:25] {Threei} I wouldn't even try to analyze them on the go
[14:25] {Threei} huge new debt taken on, one side
[14:25] {Threei} motrgages salvation on another
[14:26] {Threei} jeez
[14:26] {Threei} look at USO
[14:26] {dino} iran tensions
[14:28] {Threei} are there any new news on that?
[14:28] {Threei} I don't see anything
[14:29] {dino} 1:54, oil rebounds as iran tensions flare
[14:29] {cosmo} maybe this is the day before free energy disclosure?
[14:31] {dino} cavm approaching original target
[14:31] {dino} fmcn i mean
[14:33] {dino} i was thinking on oil, last year cost me $3,600 to heat my house, this year $7,200?
[14:33] {Threei} easily
[14:33] {Threei} if not more
[14:34] {Threei} there is till time left before winter for prices to increase
[14:34] {dino} crazy, few years ago it was only $2k
[14:35] {dino} wynn lod
[14:35] {Chaeron} move near me...
[14:36] {Chaeron} turned on furnace only a few times
[14:36] {Chaeron} last winter
[14:36] {Chaeron} and not even turned on ac so far this summer :)
[14:38] {Raven} 3 switch to nat gas dino
[14:38] {dino} thinking about it raven. just signed some leases w/chesapeake
[14:39] {Raven} 3 $700 to heat my house last winter
[14:39] {Raven} 3 and we're as cold as you guys
[14:39] {Raven} 3 maybe colder
[14:39] {dino} gas?
[14:39] {Raven} 3 yup]-]
[14:39] {Chaeron} good idea Raven... seriously
[14:39] {dino} sm l wynn .00
[14:40] {Raven} 3 OIl heat is a killer
[14:40] {dino} hmmmmmmm, must lokk into this
[14:40] {dino} look
[14:41] {dino} raven, if i may ask, square footage of your house?
[14:42] {Raven} 3 about 2700 ... first floor and finished basement
[14:42] {dino} ok, ty
[14:42] {Raven} 3 very well insulated also
[14:42] {dino} you don't heat basement do you? i have radiant in the floor but don't use it in basement, always constant 64
[14:43] {Raven} 3 absolutely heat basement ... 100% .... office down here
[14:43] {dino} lol, i see
[14:44] {Raven} 3 rebuilt the whole damn house in 2000 and switched to nat gas
[14:44] {Raven} 3 windows, doors, roof , siding ... whole damn mess
[14:44] {cosmo} move to AZ while its cheap
[14:45] {Raven} 3 that is in back of my mind cosmo ... more and more
[14:45] {cosmo} :)
[14:46] {Raven} 3 trouble is ya can't give a house away in this miserable state
[14:48] {cosmo} they're all miserable...
[14:48] {Raven} 3 lol ... not like Michigan
[14:48] {Raven} 3 land of the former auto industry
[14:48] {dino} ouch
[14:49] {Raven} 3 high paid union workers with no jobs
[14:49] {Raven} 3 high taxes on business
[14:49] {Raven} 3 great environment for growth
[14:49] {cosmo} what crop?
[14:49] {dino} yeah right
[14:50] {Raven} 3 marajuana ?
[14:50] {cosmo} four more years...
[14:51] {Raven} 3 read my lips
[14:51] {dino} wynn stopped
[14:54] {Threei} end of the world is back on agenda
[14:54] {Threei} US DOD OFFICIAL: IT APPEARS IRAN LAUNCHED ONLY ONE MISSILE TODAY
[14:54] {Threei} - reminder: Iran test fired four missiles yesterday as its war games continue
[14:55] {Threei} CNBC'S BERTHA COOMBS NOTING A TECHNICAL LEVEL AT $138 WAS REACHED, SENDING CRUDE HIGHER INTO THE CLOSE
[14:55] {Threei} ahhh... it's Bertha
[14:56] {Raven} 3 Bertha baby !
[14:56] {Raven} 3 sigh
[14:57] {dino} perfer becky
[14:58] {Raven} 3 right
[14:59] {Threei} now main question is,
[15:00] {Threei} do shorts cover into close or do longs bail?
[15:01] {patience} short covering...rally starting monday
[15:01] {Threei} wow... we have optimist among us
[15:02] {patience} yes, but i thought the u.s. would lower their rate....was very hopeful, lost the bet and have to buy blueberries for someone
[15:02] {Threei} someone was very happy
[15:02] {Threei} ask me how I know
[15:02] {patience} ?
[15:03] {Threei} I saw happiness in someone's eyes when looked in the mirror
[15:03] {Chaeron} vampires don't have reflections......
[15:03] {patience} roflol
[15:03] {Threei} for other people...
[15:03] {dino} ok, do we see the classic dino rinse on wynn
[15:03] {Threei} they cansee themselves though
[15:04] {Threei} (ask me how I know)
[15:04] {Chaeron} ok ok... "How do you know that Vad?"
[15:04] {Threei} lol
[15:10] {Raven} 3 Dow switching positions as fast as Obama and McCain
[15:12] {Threei} for all this hoopla, Dow and COMP are slightly green, futs asre slightly red
[15:15] {dino} crazy summer market
[15:15] {patience} no kidding
[15:15] {Threei} first in my trading career
[15:15] {patience} where' raven, he's traded longer than us
[15:16] {Raven} 3 I are here
[15:16] {dino} darn fmcn didn't fill my 22.60 order
[15:16] {patience} when was the market last like this....
[15:17] {dino} 2000\
[15:17] {Raven} 3 never was ... all markets slightly different
[15:17] {Threei} very valuable
[15:17] {cosmo} it never changes
[15:17] {Threei} come on Raven
[15:17] {Threei} tell us... ever seen summer market as active as this?
[15:17] {Raven} 3 sure
[15:17] {cosmo} last year
[15:18] {Raven} 3 most recently in the bull of 1990's
[15:18] {Raven} 3 lotsa action in summers then
[15:19] {Threei} maybe I've forgotten... my impression is there was significant slowdown
[15:19] {Raven} 3 ya gotta go back, year by year ... and that is tedious
[15:20] {Raven} 3 I remember some summers in the 1970's when things were very active
[15:20] {Raven} 3 of course the NYSE oinly traded 10 million shares a day ... lol
[15:20] {Raven} 3 all relative
[15:21] {cosmo} all on the phone too
[15:21] {Raven} 3 rofl
[15:22] {Raven} 3 thx cosmo
[15:22] {cosmo} :)
[15:22] {Raven} 3 prolly cell phones too
[15:22] {cosmo} hmm
[15:23] {cosmo} quotrek maybe
[15:23] {cosmo} nah
[15:23] {cosmo} too soon
[15:23] {Raven} 3 this market could stand a little comedy for a change ...
[15:24] {Raven} 3 frickin' gloom gets old after a while
[15:24] {Threei} no way
[15:24] {cosmo} we need change
[15:24] {Threei} end of the world is always fun stuff
[15:25] {Threei} just remember all the fun we had with Y2K
[15:25] {Raven} 3 36000 on the DOW more fun though
[15:25] {Threei} that I'll have to agree with
[15:25] {Raven} 3 Y2K ... yes ... did we survive it ?
[15:26] {Threei} not sure
[15:26] {Raven} 3 checking
[15:26] {Threei} but the way I think of it is,
[15:26] {cosmo} not yet anyway
[15:26] {Threei} as gloomy as things are right now
[15:26] {Threei} imagine the magnitude of relief if/when we finally are out of the woods
[15:27] {Threei} market will skyrocket on relief alone
[15:27] {patience} what year are you thinking that will be vad?
[15:27] {Threei} and if we never do get out of the woods... it's the end of the world anyway, who cares
[15:27] {Threei} we will have to live off the land
[15:27] {Threei} hmmm
[15:27] {Raven} 3 ohmygod
[15:27] {cosmo} we'll always have gravity
[15:28] {Raven} 3 is that like gravy ?
[15:28] {Threei} don't know what year... but it feels tio me that whenever reversal comes, it won't be of that standard capitulation and V-bottom kind
[15:28] {Threei} rather slow grind
[15:28] {dino} think so too, people will just give up
[15:28] {Chaeron} like pulling up on the stick of an airplane in a steep dive?
[15:29] {Chaeron} and the pilot can see the whites of the eyes of that mountain goat he's about to hit?
[15:29] {Threei} lol
[15:29] {dino} hadn't really thought about that
[15:29] {Threei} plate-shaped bottom
[15:29] {Threei} if I may say so
[15:30] {Raven} 3 mountain goats ... plates ... sheesh
[15:30] {Threei} we have vivid imagination
[15:30] {Chaeron} where else you get this type of entertainment?
[15:30] {Chaeron} other than when you drink half a bottle of tequila or vodka that is
[15:31] {Raven} 3 I was thinking that
[15:32] {Threei} tepmted to short FRE
[15:32] {Chaeron} I'm ready....
[15:32] {Threei} market is locked in narrow range
[15:33] {Threei} need it to break
[15:33] {Chaeron} .87?
[15:33] {Threei} can't tell really, it's more about market move than about technical levels on a stock
[15:35] {Threei} in
[15:35] {Threei} 8.01 stop
[15:38] {Threei} come on, let's see good old-fashioned panic into close
[15:39] {Threei} who wants to own this stock overnight
[15:42] {Chaeron} thought no overnights
[15:42] {magoo} not me..done for day..TY
[15:43] {Threei} no... I mean, who would want to hold it, sell into oblivion :)
[15:47] {Threei} all this barrage of bad news followed by worse followed by worst
[15:47] {Threei} and we close flat to green
[15:48] {Threei} financials, oil spike, Irna firing something somewhere
[15:48] {Threei} oh, and Bertha
[15:49] {patience} it was a good day for fertilizers, gold and oil, i'm not complaining :)
[15:49] {Threei} not complaining either
[15:49] {Threei} just wondering... with such resilience, maybe end of the world is canceled again
[15:51] {Threei} no end of day dumping either
[15:55] {dino} yet
[15:55] {Threei} yeah, a lot can happen in 5 min these days :)
[15:57] {Threei} lol... up into close
[15:58] {magoo} good nite
[15:58] {Threei} all indices and futs green
[15:58] {Threei} take care magoo
[15:58] {Threei} OK guys, have a good evening
[15:58] {Threei} see you tomorrow
[15:59] {dino} out cavm .61 -.19
Thursday, July 10, 2008
Wednesday, July 9, 2008
Jul 09 2008
Session Time: Wed Jul 09 00:00:00 2008
[08:06] {Threei} EMKR
[08:06] {Threei} WINS $29M IN NEW ORDERS
[08:06] {Threei} - Announced that it entered into two definitive supply agreements for solar cell receivers in June 2008 with a total value of approximately $29 million.
[08:06] {Threei} - These supply agreements incorporate advance deposits to ensure production priority for these customers. The end applications for the product to be delivered range from solar farm to commercial rooftop installations employing Concentrating Photovoltaic (CPV) technology.
[08:37] {judijim} good morning to you all
[08:37] {Threei} jj :)
[09:02] {magoo} morning
[09:03] {tomg} gm all
[09:04] {fernp} Good morning
[09:07] {Threei} magoo, tom, fern :)
[09:09] {dptl} good morning all
[09:10] {Threei} dp :)
[09:12] {Threei} RTEC
[09:12] {Threei} Q2 REVENUE TO EXCEED GUIDANCE, TO BE ABOVE $38M V $36.5ME, EPS GUIDANCE UNCHANGED V -$0.03E
[09:12] {Threei} - The Company now anticipates quarterly sequential revenue growth in Q308
[09:12] {Threei} VVUS on watch for pullback or consolidation/break entry again
[09:14] {Threei} RMBS round two or what
[09:14] {Threei} and no news again??
[09:15] {dino} gm all
[09:15] {Threei} dino :)
[09:18] {dino} :)
[09:24] {GeoArb} gm
[09:25] {Threei} geo :)
[09:28] {magoo} might be a solar dayy vad, my watch list is green
[09:28] {Threei} they got whacked yesterday with oil
[09:29] {Threei} I'd think they are tied again
[09:29] {magoo} tied+tired?
[09:29] {magoo} or connected to oil
[09:30] {Threei} connected to oil
[09:30] {Threei} this connection goes on and off... yesterday hinted we are in on stage
[09:33] {Threei} RMBS .80 break long, stop under .75
[09:34] {Threei} take profit
[09:34] {magoo} to fast'
[09:35] {tomg} thanks vad
[09:35] {Threei} :)
[09:35] {dptl} out +.22 ty
[09:36] {Threei} welcome
[09:36] {magoo} wow...must be me then
[09:37] {Threei} or tom and dp took all there was... tell them to share, what's with 10K lots
[09:37] {tomg} only 400 :)
[09:37] {Threei} and dp 9600... there you have it
[09:37] {dptl} lol...i wish
[09:38] {esemde} good morning....limited connectivity but coming to you from Lake of the woods Canada...nothing but islands and water out in front of us
[09:38] {Threei} hi ese :)
[09:39] {esemde} morning Vad.....
[09:39] {Threei} SOLF
[09:39] {Threei} .81 long
[09:39] {Threei} stop under .70
[09:41] {magoo} got that one
[09:42] {dino} rubbing it in es? lol, have fun
[09:44] {magoo} long aapl ,50
[09:44] {Threei} URRE interesting
[09:44] {Roman} 21 TITN
[09:44] {dino} ezpw, sm l .60
[09:44] {magoo} out .16 here
[09:44] {magoo} +.66
[09:44] {Threei} SOLF stopped
[09:45] {dptl} stopped solf
[09:45] {magoo} figures
[09:47] {Roman} 21 WB
[09:47] {Roman} 21 long small 15.70
[09:48] {Roman} 21 stop under 15.50
[09:49] {Threei} sheesh... forgot about VVUS on pullback to 8
[09:49] {dptl} out another rmbs +.24
[09:49] {Roman} 21 out WB +.01
[09:50] {Roman} 21 ROYL looking for scalp
[09:53] {Threei} VVUS .25 long if stays above .15
[09:55] {Threei} URRE
[09:55] {Threei} 2.92 long if stays above 2.80
[09:55] {Threei} feels like runner in the making
[09:55] {Roman} 21 long WB here
[09:56] {Roman} 21 15.12
[09:56] {Roman} 21 stop 14.95
[09:57] {Roman} 21 out WB +.03
[09:57] {Threei} SQNM again
[09:57] {esemde} solar news this morning??
[09:57] {Threei} nope
[09:58] {Threei} just bounce with oil I believe
[09:58] {Threei} 3 be taken URRE
[10:06] {Threei} SOLF rinsed us
[10:06] {Threei} RUSSIAN DEP PM GOVERMENT TO CUT OIL EXPORT TAX
[10:07] {dino} good
[10:07] {Roman} 21 long SOLF
[10:07] {Roman} 21 15 1/2 size
[10:08] {dptl} rmbs baby ...grabed another +.20
[10:08] {Threei} dp found his personal ATM
[10:09] {dino} gj dp
[10:09] {dptl} lol waiting for urre....... ty
[10:12] {Threei} wow
[10:12] {Threei} TV just said there is shortage of beer in Winnipeg
[10:12] {Threei} ese... what did you do??
[10:17] {dino} wow es
[10:17] {Roman} 21 out 1/2 SOLF +.37
[10:17] {dino} sm l fwlt .98
[10:18] {Threei} good one Roman
[10:18] {Threei} SOLF was kinder to you than to me
[10:18] {Roman} 21 a bit better than +.01 +.03 on WB
[10:19] {Roman} 21 actually spotted nice WB bounce but did not stay
[10:19] {Roman} 21 pus
[10:20] {dptl} urre stop the same under .80??
[10:21] {Threei} yes
[10:21] {dptl} ty
[10:22] {Roman} 21 WM
[10:23] {Roman} 21 interesting
[10:32] {Threei} oil numbers in a few
[10:35] {Threei} OE CRUDE: -5.8M V -2ME
[10:35] {Threei} GASOLINE: +900K V +100KE; DISTILLATES: +1.8M V +2ME;
[10:36] {dino} sm risky s ttes .00
[10:37] {dino} gappy
[10:42] {Threei} LEH
[10:42] {Threei} 22 break long
[10:42] {Threei} .84 stop
[10:42] {magoo} in
[10:45] {Threei} market tripped of something again
[10:46] {Threei} held .85 with remarkable precision
[10:46] {dino} ttes stopped -.50 that sucked
[10:46] {magoo} really
[10:47] {dino} indeed, the f'r popped .45 on my entry. my timing is off lately
[10:48] {magoo} starting to feel the new curse is vad magoo..not chaer magoo
[10:49] {Threei} nope... it's magoo alone
[10:49] {Chaeron} Good morning all
[10:49] {Threei} RMBS which you haven't taken worked, right? :)
[10:49] {Threei} chaeron :)
[10:49] {Chaeron} and yes I'm in LEH
[10:49] {Threei} there you go
[10:50] {dptl} ah stopped leh
[10:50] {magoo} right..missed rnmbs
[10:50] {dino} left
[10:53] {Chaeron} and yes I stopped
[10:56] {Chaeron} tired of getting rinsed
[10:58] {dino} same here chaer, rinses all over lately
[11:01] {dino} praa
[11:01] {dino} leap
[11:05] {GeoArb} fwlt
[11:06] {dino} i it sm
[11:06] {dino} in
[11:06] {dino} swing
[11:07] {dino} chaer, ttes example of above sheesh
[11:09] {Chaeron} feel ya
[11:15] {Threei} RMBS two days chart looks like someone's wierd idea of a joke
[11:18] {Threei} in LEH for a scalp .63
[11:20] {dino} sm l leap .10
[11:21] {Threei} out .82
[11:21] {tomg} nice one vad, ty
[11:21] {Threei} +.19
[11:22] {Threei} welcome
[11:22] {Threei} now, let's see... magoo? chaeron?
[11:23] {Chaeron} nope... sorry
[11:23] {Threei} FNM
[11:23] {Threei} DISCUSSES PLANNED INCREASE IN MULTIFAMILY INVESTMENTS
[11:23] {Threei} - Will expand liquidity, stability and affordability by increasing its participation in key segments of the multifamily market. The company also announced that it has invested $20B in multifamily housing in the first half of 2008, further reinforcing Fannie Mae's leadership in the multifamily market.
[11:23] {Threei} - Fannie Mae is increasing its commitment to purchase Small Multifamily Loans of up to $3M, or $5M in certain markets. These loans typically finance a uniquely affordable asset class consisting of properties that are located in urban areas near public transportation and serve working families. The company invested approximately $5B in Small Loans in the first half of 2008, a significant increase over 2007 mid-year production of $3B. Production includes both pool purchases and flow business.
[11:23] {magoo} nope here
[11:23] {Threei} there you go... curse is intact
[11:24] {magoo} so at very least thank me and chaer
[11:24] {Chaeron} my thoughts exactly
[11:24] {Threei} that assumes I am a polite one...
[11:26] {magoo} i meant Tom
[11:26] {Threei} lol, you gave up on me I take it?
[11:26] {magoo} BINGO
[11:26] {Chaeron} we just know better
[11:26] {Threei} :)
[11:28] {tomg} ty magoo, chaer :))
[11:29] {Chaeron} my pleasure Tom... great job
[11:29] {Threei} see... on tom you can count
06[11:29] * Chaeron slaps Threei around a bit with a large trout
[11:29] {Threei} in politeness department
[11:29] {tomg} trying to do better in that department :)
[11:30] {Threei} if you don't slap people in response to "good morning" you already outdid me
[11:30] {tomg} ha! ok :)
[11:31] {Threei} nsiled bottom on LEH to the cent... didn't hold long enough
[11:32] {tomg} me either, but happy with scalp
[11:35] {Chaeron} next?
06[11:37] * magoo slaps Chaeron around a bit with a large trout
[11:37] {magoo} next slap correct?
[11:41] {magoo} long aaplk .50
[11:44] {Threei} ACOR small shares .50 break long
[11:45] {Threei} stop under .30
[11:45] {magoo} stopped .04
[11:53] {Threei} invalidated
[11:54] {dino} ezpw stop to b/e
[11:58] {Threei} SQNM half lot long .60 if stays above .45
[11:59] {magoo} can chaer and i take it??
[11:59] {Threei} 10K only
[11:59] {dptl} ok,then i pass
[11:59] {Threei} invalidated anyway :)
[12:00] {Chaeron} I like it better when Threei says ":double position" over half lot...
[12:01] {Threei} actually, there were no prints under .45
[12:02] {Chaeron} so it's on again?
[12:02] {Threei} yeah
[12:04] {dino} sm l dwsn .65
[12:06] {Threei} market loses steam again...
[12:07] {dptl} come on urre
[12:07] {magoo} vad,look at qqqq chart..big volume on that red bar
[12:08] {Chaeron} what the.... SQNM
[12:09] {Threei} volatile one... that's why half lot
[12:09] {magoo} sh rimm loss of 121\
[12:14] {magoo} in
[12:17] {magoo} saw .80..waiting .65
[12:17] {dino} captain cavman blood
[12:17] {dino} cavm
[12:19] {magoo} stiopped rimm
[12:19] {magoo} mkt killed it
[12:20] {Threei} meaningless up and down in the market
[12:20] {Threei} won't alllow any play develop
[12:20] {dino} sm l cavm .59
[12:27] {Threei} URRE moves more or less in synch with oil
[12:28] {Threei} it held above support and forms tighter consolidation to 3
[12:28] {Threei} but whether it's going to break will ultimately depend on oil
[12:39] {Threei} US OFFICIAL SAYS THE IRANIAN RESPONSE TO OFFER SHOWS THE COUNTRY IS LOOKING FOR COMMON GROUND ON THE ISSUE
[12:39] {Threei} I guess that's why oil skyrocketed and market dropped?
[12:44] {kazaam} chop non stop, even a leg down cant go without some chop
[12:44] {Threei} I guess summer shows
[12:45] {Threei} it's the most active summer I've ever seen, but choppiness is there
[12:45] {Chaeron} so I can just go and come back after Labor day? :)
[12:45] {Chaeron} ohh nevermind
[12:45] {patience} sure chaeron, just leave your money with me to look after until then
[12:45] {Threei} and if oil bubble bursts while you are away? imagine the size of rally you are going to miss
[12:46] {Threei} I'll be back in 40 min or so guys, gotta run little errand
[12:50] {Chaeron} patience... that's a winning idea
[12:50] {patience} better pop up to victoria to drop the money off...
[13:02] {dino} cavm stopped
[13:11] {dino} chaer, cavm same thing again
[13:11] {dino} i need a vacation
[13:12] {Chaeron} I noticed... and agree with your prescription for myself as well
[13:12] {dino} :)
[13:37] {kazaam} if i could just make money on picking plays that will move the least, I would be a billion dollar man this week
[13:40] {dino} lol
[13:40] {dino} starting to think i must widen my stops
[13:41] {dino} cavm.........ohhhh mannnnnn
[13:49] {Threei} back
[13:49] {Threei} missed anything?
[13:49] {fernp} difficult times
[13:49] {dino} yeah, another rinse
[13:49] {magoo} nah
[13:49] {Threei} ummm
[13:50] {Threei} thought of LEH of 21 when leaving
[13:50] {Threei} but it went there and bounced wqithout me
[13:55] {Threei} URRE is merrily sleeping
[13:55] {dptl} yeah....all day.....
[13:56] {Threei} lol... while I was away:
[13:56] {Threei} CUT AT S&P TO CCC FROM B
[13:56] {Threei} IMB
[13:57] {Threei} it trades like total pink sheet already, what's left to cut
[14:00] {Threei} URRE at the breakeven point
[14:01] {Threei} I can't make much out of it, if you are tired of holding, scratch it even
[14:01] {Threei} chances of it working are the same as getting stopped out
[14:01] {Threei} roll a dice and decide
[14:14] {Threei} RIMM pullback closer to .50 for long
[14:16] {magoo} 121.50?
[14:16] {Threei} yes
[14:16] {Threei} NQ pulling back
[14:18] {Threei} watch NQ now for bounce to grab RIMM
[14:18] {dptl} out urre -.02
[14:20] {Threei} in
[14:20] {Threei} .33
[14:20] {Threei} stop .15
[14:21] {Threei} come on NQ, spring back
[14:22] {Threei} grrr
[14:22] {Threei} no go
[14:23] {Threei} second try
[14:23] {Threei} in .95
[14:24] {Threei} stop under .80
[14:24] {Threei} out .25
[14:25] {Threei} what a jerky market
[14:32] {dino} ya think?
[14:32] {Threei} LEH .81 long, .74 stop
[14:35] {dptl} ahh stopped leh
[14:36] {Threei} should dive closer to .50 for betgter bounce chance
[14:38] {judijim} siging off for today, cleared $1030 for today, we're here everyday but not always in the market. Be back tomorrow.
[14:38] {Threei} good job jj
[14:39] {dino} gj jj
[14:42] {Chaeron} in LEH @ .59
[14:46] {Chaeron} guess I scared everyone away.....
[14:47] {Threei} FRE drop is weighing on it
[14:53] {dino} well so much for yesterdays' rally
[14:53] {Threei} end of thhe wrold again
[14:53] {Chaeron} stopped -.20
[14:54] {Threei} FNM maybe better candidate for bounce if holds 16
[14:55] {Threei} nope, not holding
[14:55] {Threei} FRE
[14:55] {Threei} TICKING LOWER, HEARING VAGUE RUMOR OF LARGE BLOCK BEING SHOPPED
[14:55] {Threei} - Reminder Cramer made cautious comments in various financial names including FNM and FRE on his Stop Trading segment on CNBC
[14:55] {Threei} and that's the reason?
[14:56] {Threei} vague rumor of large block?
[14:56] {Threei} going to try FNM
[15:00] {kazaam} tex l .05
[15:04] {kazaam} half +.10, half BE
[15:04] {Threei} panic in financials
[15:04] {dino} maybe the =250 today
[15:04] {Chaeron} end of world party vad?
[15:04] {Threei} yes sir
[15:04] {Chaeron} yea!!!!!
[15:04] {kazaam} at least we get a party with the end of the world, that counts for something
[15:05] {Threei} yes, but just two days ago we had three a day
[15:05] {Threei} and today just one
[15:06] {dino} vad, forever unsatisfied
[15:06] {dino} leap stop to b/e
[15:13] {Threei} big bounce FNM
[15:14] {dino} fre at 10, wow
[15:16] {Threei} we need a nice clearance sale
[15:16] {Threei} not one day capitulastion wannabe
[15:16] {Threei} good sizeable selloff taking out the opverhead
[15:16] {Threei} then we can have real rally
[15:26] {dino} unless it just wears everybody out
[15:27] {Threei} and they all stop playing at all?
[15:27] {dino} isn't that how bear markets end, when nobody cares/pays attention
[15:27] {Threei} one of versions, yes
[15:29] {magoo} oitswearing me out..spinning my wheels
[15:33] {Threei} it is tiresome
[15:33] {Threei} but think of it in dino's terms
[15:34] {dino} out leap .50, +.40
[15:34] {Threei} when you shrug and turn away... that's exactly the moment when things change
[15:35] {dino} i'm feeling that way
[15:35] {Threei} it's not a first time we go through churning periods, right?
[15:35] {Threei} they always were followed by big reward periods
[15:35] {dino} yes
[15:35] {Threei} and this churn served as great educational environment
[15:36] {dino} just disappointed in myself last few days
[15:36] {dino} my buy dips -6% sell rips +6% failed me
[15:36] {Threei} if you learned to keep your bacon safe during this chop chop
[15:36] {magoo} me too dino..down mon..up tues..down wed
[15:36] {Threei} normal market rewards you greatly when it finally comes
[15:37] {dino} at least the sun is shining, tee time in 50 minutes
[15:38] {dino} up today, but only 250
[15:38] {Threei} new dump FRE
[15:39] {Threei} peeplz are skeered
[15:39] {dino} brutalc at 52 week lows too
[15:39] {dino} make that multi year lows
[15:40] {Threei} yeah
[15:40] {Threei} wow
[15:41] {magoo} bullish level lowest since 1994
[15:41] {dino} here comes -200
[15:41] {dptl} ah..out fre +.59 ....short
[15:42] {Threei} gj
[15:42] {dino} gj dp
[15:42] {Chaeron} great dp
[15:42] {dptl} ty...still down a bit...really tought these days
[15:42] {Threei} with all this selloff we are still solidly above march lows
[15:43] {Threei} still got ways to go I guess
[15:44] {Threei} who knows, maybe PPT really is a myth? :)
[15:44] {dino} dji low monday 11120, ndx low1799
[15:45] {Threei} I mean, looking at FRE, FNM, LEH... hard to imagine more worthy cause to intervene
[15:45] {dino} it is a myth
[15:45] {dino} -226
[15:45] {Threei} ugh dino
[15:45] {Threei} so cold and cruel... I liked that warm and fuzzy feeling that there is an entity that would protect us...
[15:46] {Threei} from ourselves
[15:46] {dino} 261 point range day
[15:48] {Threei} new low FRE
[15:49] {dino} i had to tell magoo, if markets and trading don't improve, we are switching from miller lite to pabst blue ribbon
[15:50] {dino} wow fre 67 to 9 on a gse, who would've thought
[15:58] {dino} flow dump
[15:58] {Threei} dino... see the time? :)
[15:59] {Threei} FED'S HOENIG: THERE IS ROOM TO MOVE UP FROM CURRENT 2% INTEREST RATES WITHOUT BECOMING 'TIGHT'
[15:59] {Threei} ugh
[15:59] {Threei} shorted .50 FNM
[15:59] {Threei} then decided to close to eod and covered .43
[16:00] {Threei} OK guys
[16:00] {Threei} one more day of churn
[16:00] {magoo} sigh
[16:00] {dino} -242 lod
[16:00] {dptl} have a good evening all
[16:00] {magoo} whren goodday conmes vad...u gotta go like a m,adman
[16:00] {dino} lower low ndx
[16:01] {Threei} have a good evening, see you tomorrow
[16:01] {magoo} hw u like that typing?
[16:02] {dino} thx all, gotta hop
[16:02] {Threei} vat tipyng?
[16:03] {magoo} [16:00] {magoo} whren goodday conmes vad...u gotta go like a m,adman
[16:03] {magoo} gotta be one of my worste
[16:03] {Threei} if you say so... I am sure I've seen you hitting much lower lows :)
[08:06] {Threei} EMKR
[08:06] {Threei} WINS $29M IN NEW ORDERS
[08:06] {Threei} - Announced that it entered into two definitive supply agreements for solar cell receivers in June 2008 with a total value of approximately $29 million.
[08:06] {Threei} - These supply agreements incorporate advance deposits to ensure production priority for these customers. The end applications for the product to be delivered range from solar farm to commercial rooftop installations employing Concentrating Photovoltaic (CPV) technology.
[08:37] {judijim} good morning to you all
[08:37] {Threei} jj :)
[09:02] {magoo} morning
[09:03] {tomg} gm all
[09:04] {fernp} Good morning
[09:07] {Threei} magoo, tom, fern :)
[09:09] {dptl} good morning all
[09:10] {Threei} dp :)
[09:12] {Threei} RTEC
[09:12] {Threei} Q2 REVENUE TO EXCEED GUIDANCE, TO BE ABOVE $38M V $36.5ME, EPS GUIDANCE UNCHANGED V -$0.03E
[09:12] {Threei} - The Company now anticipates quarterly sequential revenue growth in Q308
[09:12] {Threei} VVUS on watch for pullback or consolidation/break entry again
[09:14] {Threei} RMBS round two or what
[09:14] {Threei} and no news again??
[09:15] {dino} gm all
[09:15] {Threei} dino :)
[09:18] {dino} :)
[09:24] {GeoArb} gm
[09:25] {Threei} geo :)
[09:28] {magoo} might be a solar dayy vad, my watch list is green
[09:28] {Threei} they got whacked yesterday with oil
[09:29] {Threei} I'd think they are tied again
[09:29] {magoo} tied+tired?
[09:29] {magoo} or connected to oil
[09:30] {Threei} connected to oil
[09:30] {Threei} this connection goes on and off... yesterday hinted we are in on stage
[09:33] {Threei} RMBS .80 break long, stop under .75
[09:34] {Threei} take profit
[09:34] {magoo} to fast'
[09:35] {tomg} thanks vad
[09:35] {Threei} :)
[09:35] {dptl} out +.22 ty
[09:36] {Threei} welcome
[09:36] {magoo} wow...must be me then
[09:37] {Threei} or tom and dp took all there was... tell them to share, what's with 10K lots
[09:37] {tomg} only 400 :)
[09:37] {Threei} and dp 9600... there you have it
[09:37] {dptl} lol...i wish
[09:38] {esemde} good morning....limited connectivity but coming to you from Lake of the woods Canada...nothing but islands and water out in front of us
[09:38] {Threei} hi ese :)
[09:39] {esemde} morning Vad.....
[09:39] {Threei} SOLF
[09:39] {Threei} .81 long
[09:39] {Threei} stop under .70
[09:41] {magoo} got that one
[09:42] {dino} rubbing it in es? lol, have fun
[09:44] {magoo} long aapl ,50
[09:44] {Threei} URRE interesting
[09:44] {Roman} 21 TITN
[09:44] {dino} ezpw, sm l .60
[09:44] {magoo} out .16 here
[09:44] {magoo} +.66
[09:44] {Threei} SOLF stopped
[09:45] {dptl} stopped solf
[09:45] {magoo} figures
[09:47] {Roman} 21 WB
[09:47] {Roman} 21 long small 15.70
[09:48] {Roman} 21 stop under 15.50
[09:49] {Threei} sheesh... forgot about VVUS on pullback to 8
[09:49] {dptl} out another rmbs +.24
[09:49] {Roman} 21 out WB +.01
[09:50] {Roman} 21 ROYL looking for scalp
[09:53] {Threei} VVUS .25 long if stays above .15
[09:55] {Threei} URRE
[09:55] {Threei} 2.92 long if stays above 2.80
[09:55] {Threei} feels like runner in the making
[09:55] {Roman} 21 long WB here
[09:56] {Roman} 21 15.12
[09:56] {Roman} 21 stop 14.95
[09:57] {Roman} 21 out WB +.03
[09:57] {Threei} SQNM again
[09:57] {esemde} solar news this morning??
[09:57] {Threei} nope
[09:58] {Threei} just bounce with oil I believe
[09:58] {Threei} 3 be taken URRE
[10:06] {Threei} SOLF rinsed us
[10:06] {Threei} RUSSIAN DEP PM GOVERMENT TO CUT OIL EXPORT TAX
[10:07] {dino} good
[10:07] {Roman} 21 long SOLF
[10:07] {Roman} 21 15 1/2 size
[10:08] {dptl} rmbs baby ...grabed another +.20
[10:08] {Threei} dp found his personal ATM
[10:09] {dino} gj dp
[10:09] {dptl} lol waiting for urre....... ty
[10:12] {Threei} wow
[10:12] {Threei} TV just said there is shortage of beer in Winnipeg
[10:12] {Threei} ese... what did you do??
[10:17] {dino} wow es
[10:17] {Roman} 21 out 1/2 SOLF +.37
[10:17] {dino} sm l fwlt .98
[10:18] {Threei} good one Roman
[10:18] {Threei} SOLF was kinder to you than to me
[10:18] {Roman} 21 a bit better than +.01 +.03 on WB
[10:19] {Roman} 21 actually spotted nice WB bounce but did not stay
[10:19] {Roman} 21 pus
[10:20] {dptl} urre stop the same under .80??
[10:21] {Threei} yes
[10:21] {dptl} ty
[10:22] {Roman} 21 WM
[10:23] {Roman} 21 interesting
[10:32] {Threei} oil numbers in a few
[10:35] {Threei} OE CRUDE: -5.8M V -2ME
[10:35] {Threei} GASOLINE: +900K V +100KE; DISTILLATES: +1.8M V +2ME;
[10:36] {dino} sm risky s ttes .00
[10:37] {dino} gappy
[10:42] {Threei} LEH
[10:42] {Threei} 22 break long
[10:42] {Threei} .84 stop
[10:42] {magoo} in
[10:45] {Threei} market tripped of something again
[10:46] {Threei} held .85 with remarkable precision
[10:46] {dino} ttes stopped -.50 that sucked
[10:46] {magoo} really
[10:47] {dino} indeed, the f'r popped .45 on my entry. my timing is off lately
[10:48] {magoo} starting to feel the new curse is vad magoo..not chaer magoo
[10:49] {Threei} nope... it's magoo alone
[10:49] {Chaeron} Good morning all
[10:49] {Threei} RMBS which you haven't taken worked, right? :)
[10:49] {Threei} chaeron :)
[10:49] {Chaeron} and yes I'm in LEH
[10:49] {Threei} there you go
[10:50] {dptl} ah stopped leh
[10:50] {magoo} right..missed rnmbs
[10:50] {dino} left
[10:53] {Chaeron} and yes I stopped
[10:56] {Chaeron} tired of getting rinsed
[10:58] {dino} same here chaer, rinses all over lately
[11:01] {dino} praa
[11:01] {dino} leap
[11:05] {GeoArb} fwlt
[11:06] {dino} i it sm
[11:06] {dino} in
[11:06] {dino} swing
[11:07] {dino} chaer, ttes example of above sheesh
[11:09] {Chaeron} feel ya
[11:15] {Threei} RMBS two days chart looks like someone's wierd idea of a joke
[11:18] {Threei} in LEH for a scalp .63
[11:20] {dino} sm l leap .10
[11:21] {Threei} out .82
[11:21] {tomg} nice one vad, ty
[11:21] {Threei} +.19
[11:22] {Threei} welcome
[11:22] {Threei} now, let's see... magoo? chaeron?
[11:23] {Chaeron} nope... sorry
[11:23] {Threei} FNM
[11:23] {Threei} DISCUSSES PLANNED INCREASE IN MULTIFAMILY INVESTMENTS
[11:23] {Threei} - Will expand liquidity, stability and affordability by increasing its participation in key segments of the multifamily market. The company also announced that it has invested $20B in multifamily housing in the first half of 2008, further reinforcing Fannie Mae's leadership in the multifamily market.
[11:23] {Threei} - Fannie Mae is increasing its commitment to purchase Small Multifamily Loans of up to $3M, or $5M in certain markets. These loans typically finance a uniquely affordable asset class consisting of properties that are located in urban areas near public transportation and serve working families. The company invested approximately $5B in Small Loans in the first half of 2008, a significant increase over 2007 mid-year production of $3B. Production includes both pool purchases and flow business.
[11:23] {magoo} nope here
[11:23] {Threei} there you go... curse is intact
[11:24] {magoo} so at very least thank me and chaer
[11:24] {Chaeron} my thoughts exactly
[11:24] {Threei} that assumes I am a polite one...
[11:26] {magoo} i meant Tom
[11:26] {Threei} lol, you gave up on me I take it?
[11:26] {magoo} BINGO
[11:26] {Chaeron} we just know better
[11:26] {Threei} :)
[11:28] {tomg} ty magoo, chaer :))
[11:29] {Chaeron} my pleasure Tom... great job
[11:29] {Threei} see... on tom you can count
06[11:29] * Chaeron slaps Threei around a bit with a large trout
[11:29] {Threei} in politeness department
[11:29] {tomg} trying to do better in that department :)
[11:30] {Threei} if you don't slap people in response to "good morning" you already outdid me
[11:30] {tomg} ha! ok :)
[11:31] {Threei} nsiled bottom on LEH to the cent... didn't hold long enough
[11:32] {tomg} me either, but happy with scalp
[11:35] {Chaeron} next?
06[11:37] * magoo slaps Chaeron around a bit with a large trout
[11:37] {magoo} next slap correct?
[11:41] {magoo} long aaplk .50
[11:44] {Threei} ACOR small shares .50 break long
[11:45] {Threei} stop under .30
[11:45] {magoo} stopped .04
[11:53] {Threei} invalidated
[11:54] {dino} ezpw stop to b/e
[11:58] {Threei} SQNM half lot long .60 if stays above .45
[11:59] {magoo} can chaer and i take it??
[11:59] {Threei} 10K only
[11:59] {dptl} ok,then i pass
[11:59] {Threei} invalidated anyway :)
[12:00] {Chaeron} I like it better when Threei says ":double position" over half lot...
[12:01] {Threei} actually, there were no prints under .45
[12:02] {Chaeron} so it's on again?
[12:02] {Threei} yeah
[12:04] {dino} sm l dwsn .65
[12:06] {Threei} market loses steam again...
[12:07] {dptl} come on urre
[12:07] {magoo} vad,look at qqqq chart..big volume on that red bar
[12:08] {Chaeron} what the.... SQNM
[12:09] {Threei} volatile one... that's why half lot
[12:09] {magoo} sh rimm loss of 121\
[12:14] {magoo} in
[12:17] {magoo} saw .80..waiting .65
[12:17] {dino} captain cavman blood
[12:17] {dino} cavm
[12:19] {magoo} stiopped rimm
[12:19] {magoo} mkt killed it
[12:20] {Threei} meaningless up and down in the market
[12:20] {Threei} won't alllow any play develop
[12:20] {dino} sm l cavm .59
[12:27] {Threei} URRE moves more or less in synch with oil
[12:28] {Threei} it held above support and forms tighter consolidation to 3
[12:28] {Threei} but whether it's going to break will ultimately depend on oil
[12:39] {Threei} US OFFICIAL SAYS THE IRANIAN RESPONSE TO OFFER SHOWS THE COUNTRY IS LOOKING FOR COMMON GROUND ON THE ISSUE
[12:39] {Threei} I guess that's why oil skyrocketed and market dropped?
[12:44] {kazaam} chop non stop, even a leg down cant go without some chop
[12:44] {Threei} I guess summer shows
[12:45] {Threei} it's the most active summer I've ever seen, but choppiness is there
[12:45] {Chaeron} so I can just go and come back after Labor day? :)
[12:45] {Chaeron} ohh nevermind
[12:45] {patience} sure chaeron, just leave your money with me to look after until then
[12:45] {Threei} and if oil bubble bursts while you are away? imagine the size of rally you are going to miss
[12:46] {Threei} I'll be back in 40 min or so guys, gotta run little errand
[12:50] {Chaeron} patience... that's a winning idea
[12:50] {patience} better pop up to victoria to drop the money off...
[13:02] {dino} cavm stopped
[13:11] {dino} chaer, cavm same thing again
[13:11] {dino} i need a vacation
[13:12] {Chaeron} I noticed... and agree with your prescription for myself as well
[13:12] {dino} :)
[13:37] {kazaam} if i could just make money on picking plays that will move the least, I would be a billion dollar man this week
[13:40] {dino} lol
[13:40] {dino} starting to think i must widen my stops
[13:41] {dino} cavm.........ohhhh mannnnnn
[13:49] {Threei} back
[13:49] {Threei} missed anything?
[13:49] {fernp} difficult times
[13:49] {dino} yeah, another rinse
[13:49] {magoo} nah
[13:49] {Threei} ummm
[13:50] {Threei} thought of LEH of 21 when leaving
[13:50] {Threei} but it went there and bounced wqithout me
[13:55] {Threei} URRE is merrily sleeping
[13:55] {dptl} yeah....all day.....
[13:56] {Threei} lol... while I was away:
[13:56] {Threei} CUT AT S&P TO CCC FROM B
[13:56] {Threei} IMB
[13:57] {Threei} it trades like total pink sheet already, what's left to cut
[14:00] {Threei} URRE at the breakeven point
[14:01] {Threei} I can't make much out of it, if you are tired of holding, scratch it even
[14:01] {Threei} chances of it working are the same as getting stopped out
[14:01] {Threei} roll a dice and decide
[14:14] {Threei} RIMM pullback closer to .50 for long
[14:16] {magoo} 121.50?
[14:16] {Threei} yes
[14:16] {Threei} NQ pulling back
[14:18] {Threei} watch NQ now for bounce to grab RIMM
[14:18] {dptl} out urre -.02
[14:20] {Threei} in
[14:20] {Threei} .33
[14:20] {Threei} stop .15
[14:21] {Threei} come on NQ, spring back
[14:22] {Threei} grrr
[14:22] {Threei} no go
[14:23] {Threei} second try
[14:23] {Threei} in .95
[14:24] {Threei} stop under .80
[14:24] {Threei} out .25
[14:25] {Threei} what a jerky market
[14:32] {dino} ya think?
[14:32] {Threei} LEH .81 long, .74 stop
[14:35] {dptl} ahh stopped leh
[14:36] {Threei} should dive closer to .50 for betgter bounce chance
[14:38] {judijim} siging off for today, cleared $1030 for today, we're here everyday but not always in the market. Be back tomorrow.
[14:38] {Threei} good job jj
[14:39] {dino} gj jj
[14:42] {Chaeron} in LEH @ .59
[14:46] {Chaeron} guess I scared everyone away.....
[14:47] {Threei} FRE drop is weighing on it
[14:53] {dino} well so much for yesterdays' rally
[14:53] {Threei} end of thhe wrold again
[14:53] {Chaeron} stopped -.20
[14:54] {Threei} FNM maybe better candidate for bounce if holds 16
[14:55] {Threei} nope, not holding
[14:55] {Threei} FRE
[14:55] {Threei} TICKING LOWER, HEARING VAGUE RUMOR OF LARGE BLOCK BEING SHOPPED
[14:55] {Threei} - Reminder Cramer made cautious comments in various financial names including FNM and FRE on his Stop Trading segment on CNBC
[14:55] {Threei} and that's the reason?
[14:56] {Threei} vague rumor of large block?
[14:56] {Threei} going to try FNM
[15:00] {kazaam} tex l .05
[15:04] {kazaam} half +.10, half BE
[15:04] {Threei} panic in financials
[15:04] {dino} maybe the =250 today
[15:04] {Chaeron} end of world party vad?
[15:04] {Threei} yes sir
[15:04] {Chaeron} yea!!!!!
[15:04] {kazaam} at least we get a party with the end of the world, that counts for something
[15:05] {Threei} yes, but just two days ago we had three a day
[15:05] {Threei} and today just one
[15:06] {dino} vad, forever unsatisfied
[15:06] {dino} leap stop to b/e
[15:13] {Threei} big bounce FNM
[15:14] {dino} fre at 10, wow
[15:16] {Threei} we need a nice clearance sale
[15:16] {Threei} not one day capitulastion wannabe
[15:16] {Threei} good sizeable selloff taking out the opverhead
[15:16] {Threei} then we can have real rally
[15:26] {dino} unless it just wears everybody out
[15:27] {Threei} and they all stop playing at all?
[15:27] {dino} isn't that how bear markets end, when nobody cares/pays attention
[15:27] {Threei} one of versions, yes
[15:29] {magoo} oitswearing me out..spinning my wheels
[15:33] {Threei} it is tiresome
[15:33] {Threei} but think of it in dino's terms
[15:34] {dino} out leap .50, +.40
[15:34] {Threei} when you shrug and turn away... that's exactly the moment when things change
[15:35] {dino} i'm feeling that way
[15:35] {Threei} it's not a first time we go through churning periods, right?
[15:35] {Threei} they always were followed by big reward periods
[15:35] {dino} yes
[15:35] {Threei} and this churn served as great educational environment
[15:36] {dino} just disappointed in myself last few days
[15:36] {dino} my buy dips -6% sell rips +6% failed me
[15:36] {Threei} if you learned to keep your bacon safe during this chop chop
[15:36] {magoo} me too dino..down mon..up tues..down wed
[15:36] {Threei} normal market rewards you greatly when it finally comes
[15:37] {dino} at least the sun is shining, tee time in 50 minutes
[15:38] {dino} up today, but only 250
[15:38] {Threei} new dump FRE
[15:39] {Threei} peeplz are skeered
[15:39] {dino} brutalc at 52 week lows too
[15:39] {dino} make that multi year lows
[15:40] {Threei} yeah
[15:40] {Threei} wow
[15:41] {magoo} bullish level lowest since 1994
[15:41] {dino} here comes -200
[15:41] {dptl} ah..out fre +.59 ....short
[15:42] {Threei} gj
[15:42] {dino} gj dp
[15:42] {Chaeron} great dp
[15:42] {dptl} ty...still down a bit...really tought these days
[15:42] {Threei} with all this selloff we are still solidly above march lows
[15:43] {Threei} still got ways to go I guess
[15:44] {Threei} who knows, maybe PPT really is a myth? :)
[15:44] {dino} dji low monday 11120, ndx low1799
[15:45] {Threei} I mean, looking at FRE, FNM, LEH... hard to imagine more worthy cause to intervene
[15:45] {dino} it is a myth
[15:45] {dino} -226
[15:45] {Threei} ugh dino
[15:45] {Threei} so cold and cruel... I liked that warm and fuzzy feeling that there is an entity that would protect us...
[15:46] {Threei} from ourselves
[15:46] {dino} 261 point range day
[15:48] {Threei} new low FRE
[15:49] {dino} i had to tell magoo, if markets and trading don't improve, we are switching from miller lite to pabst blue ribbon
[15:50] {dino} wow fre 67 to 9 on a gse, who would've thought
[15:58] {dino} flow dump
[15:58] {Threei} dino... see the time? :)
[15:59] {Threei} FED'S HOENIG: THERE IS ROOM TO MOVE UP FROM CURRENT 2% INTEREST RATES WITHOUT BECOMING 'TIGHT'
[15:59] {Threei} ugh
[15:59] {Threei} shorted .50 FNM
[15:59] {Threei} then decided to close to eod and covered .43
[16:00] {Threei} OK guys
[16:00] {Threei} one more day of churn
[16:00] {magoo} sigh
[16:00] {dino} -242 lod
[16:00] {dptl} have a good evening all
[16:00] {magoo} whren goodday conmes vad...u gotta go like a m,adman
[16:00] {dino} lower low ndx
[16:01] {Threei} have a good evening, see you tomorrow
[16:01] {magoo} hw u like that typing?
[16:02] {dino} thx all, gotta hop
[16:02] {Threei} vat tipyng?
[16:03] {magoo} [16:00] {magoo} whren goodday conmes vad...u gotta go like a m,adman
[16:03] {magoo} gotta be one of my worste
[16:03] {Threei} if you say so... I am sure I've seen you hitting much lower lows :)
Tuesday, July 8, 2008
Jul 08 2008
Session Time: Tue Jul 08 00:00:00 2008
[08:01] {Threei} FED CHAIRMAN BERNANKE: CONGRESS MAY NEED TO GRANT THE FED GREATER OVERSIGHT OF FINANCIAL INDUSTRY
[08:22] {esemde} morning Vad....
[08:22] {Threei} good morning ese
[08:23] {esemde} catching a plane this morning for ....Winnipeg
[08:24] {Threei} mosquito net
[08:24] {Threei} pack two
[08:24] {esemde} will be driving right by your place on the highway and will chuck all last nights emplty botles of wine over barracade onto your lawn.....couldn't make it to the exchange yesterday
[08:25] {Threei} hehe
[08:25] {Threei} when are you back?
[08:26] {esemde} 19th
[08:26] {Threei} correction... pack four
[08:26] {esemde} my uncles cabin suposedly has wireless internet
[08:27] {esemde} hopefully will be online with you all tomorrow
[08:27] {Threei} cool :)
[08:27] {Threei} there will be very interesting market nearest time
[08:28] {esemde} my how times have changed.....wireless internet out on Lake Of The Woods Ontario
[08:28] {esemde} did you ever get to Kenora to visit?
[08:28] {Threei} Lake of the Woods became quite a fancy pl;ace for many high rollers
[08:28] {Threei} oh yeah
[08:28] {Threei} lovely spot
[08:29] {esemde} your correct
[08:29] {esemde} it was a place for high rollers at one time
[08:29] {Threei} a lot of US residents bought cabins over there
[08:29] {Threei} especially at times when CAD was in a crapper
[08:30] {esemde} I remember the 3M company had a beautiful yacht on the lake
[08:36] {esemde} was called The Grace Ann 2 http://www.graceanne.com/history.asp
[08:38] {Threei} FRE and FNM on radar
[08:38] {Threei} FED'S LOCKHART: FRE AND FNM ARE ADEQUATELY CAPITALIZED - CNBC INTERVIEW
[08:39] {magoo} morning
[08:39] {Threei} magoo :)
[08:40] {esemde} mags....
[08:44] {magoo} we close flat yesterday, can't recall {sigh}
[08:48] {magoo} vad, news RIMM?
[08:48] {GeoArb} gm
[08:49] {Threei} Geo :)
[08:49] {Threei} from yesterday aftermarket, plans to sell Blackberry in Japan
[08:51] {magoo} lets keep an eye on it ok?
[08:51] {magoo} 122 on last wed
[08:51] {magoo} 148 high
[08:51] {Threei} as much as I tempted to say "no" just in spite... I will :)
[08:52] {Threei} IMO, RIMM will take backstage as market leader these days,
[08:52] {Threei} focus will be on financials
[08:53] {Threei} which makes it tradeable candidate as we have leading indicator for it
[08:56] {magoo} has room to run imo....122 easy target
[08:56] {magoo} just needs mkt help
[08:56] {Threei} if market recovers
[08:58] {Threei} main challenge these days is to define a leadership in the market
[08:58] {Threei} it changes all the time, sometimes even on hourly basis
[08:58] {Threei} I mean, a few days ago oil was clear leader
[08:59] {Threei} yesterday financials overtook
[09:01] {fernp} Good morning
[09:01] {Threei} fern :)
[09:01] {Threei} RICK
[09:01] {Threei} REPORTS Q3 NIGHTCLUB +93% Y/Y
[09:02] {judijim} good morning everyone
[09:02] {Threei} jj :)
[09:02] {Threei} BRCM is on watch too
[09:06] {dino} gm all
[09:06] {Threei} dino :)
[09:09] {dino} rick, one of my old favs.
[09:10] {dino} fnm, fre starting to sound like bear sterns
[09:10] {Threei} all financials do :)
[09:11] {Threei} I doubt they have any chance to follow the same path though
[09:11] {dino} not so sure, wipe out the common... could happen
[09:15] {cosmo} The proletariat?
[09:17] {dino} lol
[09:17] {Threei} lol
[09:19] {esemde} Kentucky Drby winner Proletariat
[09:19] {esemde} ??
[09:27] {Threei} where is Chaeron, news on his favorite stock
[09:27] {Threei} ZIXI
[09:27] {Threei} PROVIDES CORPORATE UPDATE, AFFIRMS Q2 GUIDANCE
[09:28] {dptl} good morning all
[09:29] {cosmo} BPHX
[09:29] {Threei} dp :)
[09:32] {Threei} FRE off .40 - .50
[09:32] {cosmo} BPHX should hold 4.60
[09:33] {Threei} finger on a trigger
[09:33] {magoo} long right?
[09:33] {Threei} yes
[09:33] {Threei} a bit too deep...
[09:33] {Threei} waiting for now
[09:34] {Threei} .21 long
[09:34] {Threei} stop under 12
[09:35] {Threei} stopped
[09:36] {Threei} rinse
[09:37] {Roman} 21 long WB off 13.80
[09:38] {cosmo} BPHX tests 4.60
[09:38] {Roman} 21 in WB stop under 13.70
[09:39] {Threei} 11.90 support for FRE so far
[09:39] {Threei} 12 break for double bottom with .89 stop
[09:40] {Roman} 21 stopped WB -.11
[09:40] {Threei} over 1:1
[09:40] {Threei} half out .15
[09:41] {dino} artc sm l .39, stop lod
[09:42] {Threei} stop to .95
[09:42] {dino} cog sm l .30, stop .96
[09:43] {Threei} BRCM .75 long if stays above .60
[09:43] {Threei} 1/4 more out FRE .29
[09:44] {Threei} 11.99 stop
[09:45] {magoo} in with u vad
[09:46] {magoo} out now lol TY
[09:51] {dino} cog stopped -.34
[09:57] {Threei} LEH 20 break long if stays above .90
[09:58] {Threei} if loses it, look for dump closer to 19.50
[09:58] {dino} biib
[10:00] {Threei} MAY WHOLESALE INVENTORIES: 0.8% V 0.7%E
[10:00] {Threei} MAY PENDING HOME SALES (M/M): -4.7% V -3.0%E
[10:00] {Threei} - prior revised from 6.3% to 7.1%
[10:02] {Threei} here comes LEH dump
[10:04] {dino} artc gap stopped -.39
[10:04] {Threei} not taking LEH here
[10:05] {Threei} lost support invalidating long setup, but didn't sell deep enough
[10:05] {Threei} kind of not here not there
[10:07] {magoo} RIMM 118 easy {but risky} i am in 0off .18
[10:08] {esemde} am outta here for the day.....see you all tomorow ...hopefully
[10:08] {magoo} ES:)
[10:08] {Threei} take care ese, safe trip
[10:09] {magoo} out here .90
[10:09] {Threei} wtg
[10:09] {magoo} theres 118
[10:09] {magoo} was .40 area when iposted
[10:10] {Threei} ok LEH... fooled us
[10:10] {magoo} market hurt thje trade vad...was pulling back when we took it
[10:11] {dptl} erii?
[10:11] {Threei} recent IPO
[10:11] {Threei} risky
[10:11] {Threei} but probably worth a try on break
[10:11] {dptl} yeah
[10:12] {dptl} missed it
[10:12] {magoo} vad, u still in friar tuck?
[10:12] {Threei} about to dump
[10:12] {Threei} out
[10:13] {magoo} u knew which i meant lol?
[10:13] {Threei} I learned magoo-speak over years {G}
[10:13] {Threei} wow
[10:13] {Threei} look at it dumping
[10:13] {Threei} no new news that I see
[10:14] {Threei} LEH too
[10:18] {Threei} IDCC
[10:18] {Threei} TICKS LOWER AFTER EVIDENTIARY HEARING COMMENCES IN ITC INVESTIGATION OF SAMSUNG'S INFRINGEMENT OF 3G PATENTS HELD BY IDCC
[10:18] {Threei} - Under the current schedule, the evidentiary hearing is expected to end on July 15, 2008. The Administrative Law Judge's final initial determination in the investigation is scheduled to be filed no later than November 25, 2008, and the target date for the Commission to render a final determination is set for March 25, 2009.
[10:20] {Threei} G8 LEADERS CALL FOR SUSPENSION IN IRANIAN URANIUM ENRICHMENT
[10:21] {Threei} ALTI?
[10:21] {Threei} what's up there?
[10:24] {cosmo} # Altair Nanotechnologies Announces Successful Grid Interconnection and Operation of Two-Megawatt Battery SystemMarketwire(Tue 7:00am)
[10:27] {magoo} markets confused here...which is adding to my confusion
[10:28] {Chaeron} GM all
[10:29] {Threei} ty cosmo
[10:29] {Threei} chaeron :)
[10:30] {magoo} (:reahc
[10:32] {Chaeron} (:
[10:36] {Chaeron} ok, I come in and all trading and talking stops... I'm gonna get a complex
[10:36] {Threei} lol
[10:37] {Threei} FRE .79 short
[10:37] {Threei} .91 stop
[10:38] {dino} feels like todays' the capit day
[10:39] {Roman} 21 i say not dino
[10:39] {Roman} 21 bet?
[10:40] {dino} sure, a brew
[10:40] {dino} -250 coming dji
[10:40] {Roman} 21 u say dow -500?
[10:41] {dino} no, -250, then big bounce
[10:41] {Roman} 21 i say
[10:41] {Roman} 21 no
[10:43] {dino} cme-13, ma-8, de-2,fwlt-3, spwr-4,nue-5, bucy-5,cpg-5, lufk-5, as mr t says, some serious pain
[10:43] {magoo} but what u saying rfr?slow death all day,powerup??
[10:43] {Roman} 21 i only say no, that's all
[10:43] {dino} the average does not reflect the market anymore
[10:43] {Threei} T. BOONE PICKENS: DO NOT BELIEVE OIL WILL EVER DROP BELOW $100/BBL
[10:44] {Threei} I say he is dead wrong
[10:45] {kazaam} rai l .02
[10:50] {Threei} VVUS?
[10:53] {Threei} anyone sees news on it?
[10:55] {fernp} Vivus: Topiramate suicidality concerns not a new risk - Rodman and Renshaw (7.46 ) : Rodman and Renshaw notes yesterday the FDA released briefing documents for the upcoming joint meeting of the Peripheral and Central Nervous System Drugs and the Psychopharmacologic Drugs Advisory Committees proposing that a black box warning be added to the labels of all anti-seizure drugs including VVUS' Topirimate
[10:56] {Threei} hmmm
[10:56] {Threei} must be something else... hard to see it going up on that :)
[10:56] {fernp} a little bit more..
[10:56] {fernp} This proposal stems from an FDA analysis that looked at 199 placebo-controlled trials of anti-epileptic drugs and indicated that there was an increased risk of suicidal thoughts and behaviors with these drugs. They note that the overall event rate in this analysis was very low with only 0.37% of patients on drug experiencing suicidality, compared to 0.24% of patients on placebo. They would be buyers of VVUS stock on any weakness this
[10:59] {Threei} what date is on this?
[10:59] {fernp} today.
[10:59] {fernp} news on briefing.com
[10:59] {Threei} wierd... my news supply doesn't have it
[10:59] {Threei} thank you
[11:00] {Threei} so... 8 break with 7.84 stop?
[11:00] {Threei} anyone feels it's a runner in the making?
[11:02] {magoo} i think its a dog
[11:03] {Threei} with fleas?
[11:03] {magoo} u betcha
[11:03] {magoo} wrong lev 2 for runner imo
[11:04] {fernp} agree with magoo. lelel 2 not convincing
[11:04] {magoo} magoo falls out oif xchair
[11:06] {Threei} ok ok... I will take it alone... (sniff sniff)... will get stopped alone... all abandoned and lonely (pass me a tissue please)
[11:08] {kazaam} man, nothing has legs for me today, everything i get in become a professional sitter
[11:09] {kazaam} out rai -.01
[11:09] {kazaam} azn l .03
[11:11] {Threei} what a dump oil
[11:15] {magoo} vad, u got a read on AAPL?
[11:16] {Threei} not really
[11:20] {Chaeron} is it summer?
[11:20] {Threei} by my calendar, yes
[11:20] {Chaeron} sorry I meant by trading :)
[11:20] {Threei} not really
[11:22] {Chaeron} must be me... tired and sluggish
[11:22] {Threei} LEH
[11:23] {Threei} this pullback should be buyable
[11:23] {Threei} .31 with stop .19
[11:25] {Chaeron} stopped
[11:25] {Chaeron} -0.14
[11:25] {Threei} did it trigger?
[11:25] {Chaeron} yes... and hit .34
[11:25] {Threei} I must have blinked
[11:26] {Chaeron} you only get to blink after market
[11:35] {Threei} wow ERII
[11:35] {Threei} dp, why didn't we just buy and close our eyes
[11:36] {dptl} yeah...looking at it:)
[11:41] {Threei} US TREASURY REPORTEDLY HAS FROZEN 4 IRANIAN GROUPS AND 4 INDIVIDUALS' ASSETS OVER THE CONCERN FOR NUCLEAR PROLIFERATION
06[11:42] * magoo slaps patience around a bit with a large trout
[11:42] {magoo} warming up for laser
[11:42] {dptl} lol
[11:54] {patience} magoosky, we got some talking to do
[11:54] {Threei} talking? I'd suggest some trouting
06[11:55] * Threei slaps magoo around a bit with a large trout
[11:55] {Threei} that's the only worthy response
[11:55] {patience} i don't do lake fish
[11:55] {magoo} :)
[11:56] {Threei} then:
06[11:56] * Threei slaps magoo around a bit with a large sockeye salmon
[11:57] {patience} just ran into a deer, running around uplands golf course vad, scared the poop out of both of us
[11:57] {patience} market is safer place to be
[11:57] {Threei} lol
[11:57] {patience} literally, the deer was jumping east west, i was running north south
[11:58] {kazaam} biib l .63
[12:02] {kazaam} stopped -.08
[12:13] {Threei} FRE testing day low again
[12:14] {Threei} would prefer a little bounce, then breakdown
[12:14] {Threei} like this
[12:14] {Threei} just want it to stay close enough to breakdown level so we have tight stop
[12:15] {Threei} .95 would do as a top of the bounce
[12:32] {Threei} FED'S LACKER: ECONOMIC GROWTH WILL ACCELERATE NEXT YEAR, INFLATION OUTLOOK HAS DETERIORATED, INFLATION IS UNACCEPTABLY HIGH, HOUSING RECOVERY WILL BE SLOW
[12:49] {Threei} if previous paterns hold, .30 zone should be bounce for LEH
[12:54] {Threei} one more leg down and I am interested
[12:56] {Threei} tat was it?
[12:56] {Threei} if so, I missed it
[13:03] {Threei} SEC REPORT REPORTEDLY FINDS ISSUES AT TOP THREE RATING COMPANIES, CITING ROOOM TO IMPROVE MANAGEMENT OF CONFLICTS IN RATINGS
[13:06] {Threei} figured bounce level to 2-3 cents and didn't get it - you guys put me to sleep
[13:07] {Threei} anyone is awake out there or I can go for a walk?
[13:08] {fernp} here i am awake
[13:08] {Threei} whew
[13:08] {magoo} here
[13:09] {fernp} 19:08 here. No time to sleep
[13:09] {magoo} just seem to give alot back between noon and 2pm so taking it easy
[13:09] {Threei} too bad we let LEH go
[13:09] {Threei} over 50 cents bounce
[13:10] {magoo} yeah, but ..............
[13:10] {magoo} been a bugger earlier
[13:13] {Threei} short LEH .79
[13:13] {Threei} .91 stop
[13:16] {Threei} 1:1
[13:18] {Threei} 1:2
[13:18] {Threei} I am out
[13:18] {Threei} +.24
[13:19] {kazaam} tks vad, that trade put me at BE for the day
[13:19] {Threei} good
[13:19] {Threei} perseverance wins
[13:19] {jmb} thanks vad
[13:19] {Threei} (unless it's stupid stubborness :)
[13:19] {Threei} jmb :)
[13:19] {Threei} just felt I finally got a feel for how it moves
[13:24] {Threei} FED'S LACKER: WITHDRAWING STIMULUS MAKES SENSE AMID A RECOVERY, SEES GROWTH BEGINNING TO ACCELERATE NEXT YEAR, INFLATION IS UNACCEPTABLY HIGH
[13:24] {Threei} - The risk of a severe economic slowdown has fallen. It makes sense to raise rates as economic risks recede.
[13:24] {Threei} - Sees the housing recovery coming "exceedingly slowly."
[13:25] {Threei} FED'S LACKER: WAITING TOO LONG TO RAISE RATES COULD BE RISKY
[13:27] {Threei} JP MORGAN: EXPECTS OIL TO REMAIN ABOUVE $130/BBL THROUGH SUMMER, ABOVE $115/BBL THROUGH THE END OF THE YEAR
[13:28] {Threei} what, no new highs in forecast?
[13:28] {Threei} now we are talking about how low will it go?
[13:28] {fernp} crazy market
[13:28] {dino} indeed
[13:30] {Threei} I can't assign any timelines to my forecast, but I am confident that not only oil will go down, it will go much lower than anyone canimagine right now
[13:30] {Threei} I don't think we already saw the top though
[13:31] {Threei} this retreat is welcome but is just another breather IMO
[13:33] {Threei} 3 mongol tougricks say eventually oil won't be able to hold even 80
[13:33] {Threei} anyone takes the bet?
[13:34] {patience} i'm not sure what you're smoking in your office, i'll take your bet vad
[13:34] {Threei} cool
[13:35] {Threei} I want to say within 1 year but I tend to shorten horizons... 2 years?
[13:36] {patience} how about by the end of this year
[13:36] {Threei} no... too fast
[13:37] {Threei} commodities move slower than stocks :)
[13:37] {Threei} and oil has a lot of inertia still
[13:41] {Threei} covered LEH too soon eh?
[13:41] {Threei} whatever... nailed the top on it to 5 cents, gotta be happy with that
[13:43] {Threei} RUSSIA REPORTEDY SAYS IT MAY BE FORCED TO REACT MILITARILY IF US DEPLOYS MISSILE SHIELD NEAR RUSSIAN TERRITORY
[13:43] {Threei} - Note that the Czech Republic signed an agreement on missle defense with the US today
[13:43] {Threei} great
[13:44] {Threei} we need third war as fish needs umbrella
[14:00] {Threei} RMBS?
[14:01] {Threei} SPENDING PULSE: US GASOLINE DEMAND -3.9%
[14:01] {Threei} don't see any RBMS news
[14:02] {Threei} AAPL
[14:02] {Threei} NOTES IT WILL BEGIN IPHONE 3G SALES AT 8AM ACROSS US TIME ZONES WHEN SALES BEGIN THIS FRIDAY
[14:03] {Threei} LULU sharp selloff too
[14:03] {Threei} again no news
[14:03] {Threei} FED'S LACKER: MAY NEED TO INCREASE INTEREST RATES EVEN IF UNEMPLOYMENT INCREASES OVER TIME, SEES WEAK USD AS CONTRIBUTING TO INFLATION
[14:07] {patience} hmm, helene meisler at cramer's site says panic is in mutual fund liquidation, doesn't feel like it
[14:08] {Threei} yeah... all markets green
[14:08] {patience} buying canadian currency calls for december
[14:13] {Threei} ok... what was that on RMBS
[14:16] {dino} apei
[14:29] {Chaeron} fre
[14:30] {Threei} thinking .50 break?
[14:31] {Roman} 21 dino, you owe me a drink
[14:34] {dino} the day's not over yet
[14:36] {Roman} 21 no capit today man
[14:36] {Roman} 21 forget it unless a war breaks out
[14:36] {dino} lol
[14:37] {dino} stranger things have happened
[14:37] {Threei} indeed
[14:42] {magoo} pretty weird today
[14:44] {Roman} 21 u guys are getting that bounce day
[14:44] {Roman} 21 what's so weird about it?
[14:44] {magoo} uh, 10 minuters ago we were red
[14:45] {magoo} up 65..down 30..up 75 ...weird...although par for course lately
[14:45] {judijim} take care everyone, we'll be back tomorrow
[14:46] {magoo} u 2..good day like yesterday??
[14:46] {judijim} we protected profits and just watched today
[14:47] {Threei} take care jj
[14:47] {magoo} cool..take care
[14:51] {Threei} it's not even market itself... it's individual satocxks that did trade wierdly
[14:51] {Threei} quite pronounced moves on no news
[14:56] {Threei} chaeron, you took FRE?
[14:57] {Chaeron} um no.....
[14:58] {Chaeron} disappointed in me?
[14:58] {Threei} lol
[15:00] {fernp} take care everyone. see you tomorrow.
[15:00] {Threei} *MAY CONSUMER CREDIT: $7.8B V $7.5BE
[15:00] {Threei} take care fern
[15:02] {Threei} jeez
[15:02] {Threei} look at LEH
[15:05] {dino} rfr, looks as if i owe you a brew
[15:14] {Threei} well, VVUS may be not exactly a runner, but worked for a nice scalp
06[15:14] * Threei slaps magoo around a bit with a large trout
[15:15] {magoo} how come??
[15:15] {Threei} two reasons
[15:15] {Threei} first, you disliked VVUS
[15:15] {Threei} and second, why not?
[15:15] {magoo} ok :)
[15:16] {magoo} laser never chimed in today vad
[15:16] {Threei} I knew second one would convince you
[15:16] {Threei} yeah.. he will have double tomorrow
[15:17] {magoo} u got that right...i even wasted warm up on patience
[15:17] {patience} ty magoo
[15:17] {Threei} that was your choice... you could slap Chaeron so warm-up wouldn't go wasted
[15:18] {magoo} hmmmmmmmmmmmmm
06[15:18] * magoo slaps Chaeron around a bit with a large trout
[15:18] {Threei} I know what you are thinking
[15:18] {Threei} "it's not too late"
[15:18] {Threei} :)
[15:19] {Chaeron} thank you
06[15:22] * magoo slaps Chaeron around a bit with a large trout
06[15:22] * magoo slaps Raven around a bit with a large trout
06[15:22] * magoo slaps brian3579 around a bit with a large trout
06[15:22] * magoo slaps Chaeron around a bit with a large trout
06[15:22] * Threei ducks
06[15:22] * magoo slaps cosmo around a bit with a large trout
06[15:22] * magoo slaps dino around a bit with a large trout
06[15:22] * magoo slaps dptl around a bit with a large trout
06[15:22] * magoo slaps globus around a bit with a large trout
[15:22] {dino} ouch
06[15:22] * magoo slaps jmb around a bit with a large trout
06[15:22] * magoo slaps kazaam around a bit with a large trout
06[15:22] * magoo slaps patience around a bit with a large trout
06[15:22] * Chaeron slaps magoo around a bit with a large trout
06[15:22] * magoo slaps tomg around a bit with a large trout
06[15:22] * Chaeron slaps Chaeron around a bit with a large trout
06[15:22] * Chaeron slaps magoo around a bit with a large trout
06[15:22] * Chaeron slaps magoo around a bit with a large trout
[15:22] {Threei} slapfest
06[15:22] * Chaeron slaps magoo around a bit with a large trout
[15:23] {Threei} and all this because of dave slacking
[15:23] {Chaeron} your attacks will not go unanswered
[15:23] {patience} magoosky is bored
[15:23] {magoo} dave fault
[15:23] {magoo} magoosky disciplined today, got up BIG and styopped
[15:23] {Threei} good job
[15:24] {magoo} triple dailyt
[15:24] {magoo} still can't spell
[15:24] {Threei} and I struggled all day to get about flat
[15:25] {magoo} well, i was down yesterday and i believe you were up correct?
[15:25] {dino} up but under ave
[15:25] {dino} broke my 3 day losing streak tho
[15:25] {Threei} not my type of day
[15:29] {Raven} 3 {} !
[15:32] {dino} wow ma turnaround
[15:35] {dptl} up $2.66 today :)
06[15:35] * magoo slaps dptl around a bit with a large trout
[15:35] {dptl} lol
06[15:35] * magoo slaps Raven around a bit with a large trout
[15:35] {dino} :)
[15:36] {Raven} 3 clam down magoo
[15:37] {magoo} suighh..okey dokey big guy
[15:37] {Threei} LEH, want pulback long
[15:37] {Threei} for return to 22
[15:37] {Threei} and possibkly jump over it
[15:38] {Raven} 3 suighh ???
[15:38] {Raven} 3 pathetic spelling
[15:38] {Threei} in
[15:38] {Threei} stop under .50
[15:38] {Threei} last trade for the dayt
[15:39] {Threei} come on
[15:40] {Chaeron} dang... I was right on FRE
[15:40] {Chaeron} and didn't take
[15:40] {Chaeron} as usual
[15:40] {Threei} out .96
[15:40] {Threei} woohoo
[15:40] {Threei} 25 cents for the last trade
[15:40] {Threei} and in green
[15:40] {Threei} anyone took it?
[15:41] {magoo} not eii
[15:42] {Threei} come on dp, that ws your chance for another $1.25? {G}
[15:42] {dptl} roflol
[15:42] {Threei} :)
[15:43] {magoo} ok thanx everybodu...and especially raven
06[15:44] * Chaeron slaps magoo around a bit with a large trout
[15:44] {dino} ctcm tagged today
[15:45] {dptl} whats up with no overnight mesages???
[15:45] {Chaeron} yeah... I thought it was just me yesterday... took it personal like... :)
[15:45] {Threei} some rollover of accounting sheets
[15:45] {dptl} o...isee
[15:45] {Threei} requiring cash only overnight for a few days
[15:47] {Raven} 3 {------------- circling magoo
[15:47] {magoo} he he..i took it personal too yesterday
[15:47] {magoo} magoo pumps shotgun
06[15:47] * dptl slaps magoo around a bit with a large trout
[15:47] {Raven} 3 {----------- out of range
[15:48] {magoo} magoo puts in slug
[15:48] {magoo} much farther range
[15:48] {Raven} 3 {-------------- rides updraft
[15:52] {Threei} impressive recovery today
[15:53] {Threei} LEH, FRE, FNM... RMBS which was real wierd
[15:54] {magoo} vad, i posted premkt rimm could do 122 today
[15:54] {magoo} look
[15:54] {magoo} it was 117 ptre
[15:55] {Threei} disgusting accutracy
[15:55] {magoo} ok, good nite
[15:55] {dptl} have a good evening all:)
[15:55] {Threei} thank you all
[15:55] {Threei} have a good evening
[15:55] {kazaam} adios, see you all tomorrow
[15:55] {Threei} see you tomorrow for hopefully easier to read day
[08:01] {Threei} FED CHAIRMAN BERNANKE: CONGRESS MAY NEED TO GRANT THE FED GREATER OVERSIGHT OF FINANCIAL INDUSTRY
[08:22] {esemde} morning Vad....
[08:22] {Threei} good morning ese
[08:23] {esemde} catching a plane this morning for ....Winnipeg
[08:24] {Threei} mosquito net
[08:24] {Threei} pack two
[08:24] {esemde} will be driving right by your place on the highway and will chuck all last nights emplty botles of wine over barracade onto your lawn.....couldn't make it to the exchange yesterday
[08:25] {Threei} hehe
[08:25] {Threei} when are you back?
[08:26] {esemde} 19th
[08:26] {Threei} correction... pack four
[08:26] {esemde} my uncles cabin suposedly has wireless internet
[08:27] {esemde} hopefully will be online with you all tomorrow
[08:27] {Threei} cool :)
[08:27] {Threei} there will be very interesting market nearest time
[08:28] {esemde} my how times have changed.....wireless internet out on Lake Of The Woods Ontario
[08:28] {esemde} did you ever get to Kenora to visit?
[08:28] {Threei} Lake of the Woods became quite a fancy pl;ace for many high rollers
[08:28] {Threei} oh yeah
[08:28] {Threei} lovely spot
[08:29] {esemde} your correct
[08:29] {esemde} it was a place for high rollers at one time
[08:29] {Threei} a lot of US residents bought cabins over there
[08:29] {Threei} especially at times when CAD was in a crapper
[08:30] {esemde} I remember the 3M company had a beautiful yacht on the lake
[08:36] {esemde} was called The Grace Ann 2 http://www.graceanne.com/history.asp
[08:38] {Threei} FRE and FNM on radar
[08:38] {Threei} FED'S LOCKHART: FRE AND FNM ARE ADEQUATELY CAPITALIZED - CNBC INTERVIEW
[08:39] {magoo} morning
[08:39] {Threei} magoo :)
[08:40] {esemde} mags....
[08:44] {magoo} we close flat yesterday, can't recall {sigh}
[08:48] {magoo} vad, news RIMM?
[08:48] {GeoArb} gm
[08:49] {Threei} Geo :)
[08:49] {Threei} from yesterday aftermarket, plans to sell Blackberry in Japan
[08:51] {magoo} lets keep an eye on it ok?
[08:51] {magoo} 122 on last wed
[08:51] {magoo} 148 high
[08:51] {Threei} as much as I tempted to say "no" just in spite... I will :)
[08:52] {Threei} IMO, RIMM will take backstage as market leader these days,
[08:52] {Threei} focus will be on financials
[08:53] {Threei} which makes it tradeable candidate as we have leading indicator for it
[08:56] {magoo} has room to run imo....122 easy target
[08:56] {magoo} just needs mkt help
[08:56] {Threei} if market recovers
[08:58] {Threei} main challenge these days is to define a leadership in the market
[08:58] {Threei} it changes all the time, sometimes even on hourly basis
[08:58] {Threei} I mean, a few days ago oil was clear leader
[08:59] {Threei} yesterday financials overtook
[09:01] {fernp} Good morning
[09:01] {Threei} fern :)
[09:01] {Threei} RICK
[09:01] {Threei} REPORTS Q3 NIGHTCLUB +93% Y/Y
[09:02] {judijim} good morning everyone
[09:02] {Threei} jj :)
[09:02] {Threei} BRCM is on watch too
[09:06] {dino} gm all
[09:06] {Threei} dino :)
[09:09] {dino} rick, one of my old favs.
[09:10] {dino} fnm, fre starting to sound like bear sterns
[09:10] {Threei} all financials do :)
[09:11] {Threei} I doubt they have any chance to follow the same path though
[09:11] {dino} not so sure, wipe out the common... could happen
[09:15] {cosmo} The proletariat?
[09:17] {dino} lol
[09:17] {Threei} lol
[09:19] {esemde} Kentucky Drby winner Proletariat
[09:19] {esemde} ??
[09:27] {Threei} where is Chaeron, news on his favorite stock
[09:27] {Threei} ZIXI
[09:27] {Threei} PROVIDES CORPORATE UPDATE, AFFIRMS Q2 GUIDANCE
[09:28] {dptl} good morning all
[09:29] {cosmo} BPHX
[09:29] {Threei} dp :)
[09:32] {Threei} FRE off .40 - .50
[09:32] {cosmo} BPHX should hold 4.60
[09:33] {Threei} finger on a trigger
[09:33] {magoo} long right?
[09:33] {Threei} yes
[09:33] {Threei} a bit too deep...
[09:33] {Threei} waiting for now
[09:34] {Threei} .21 long
[09:34] {Threei} stop under 12
[09:35] {Threei} stopped
[09:36] {Threei} rinse
[09:37] {Roman} 21 long WB off 13.80
[09:38] {cosmo} BPHX tests 4.60
[09:38] {Roman} 21 in WB stop under 13.70
[09:39] {Threei} 11.90 support for FRE so far
[09:39] {Threei} 12 break for double bottom with .89 stop
[09:40] {Roman} 21 stopped WB -.11
[09:40] {Threei} over 1:1
[09:40] {Threei} half out .15
[09:41] {dino} artc sm l .39, stop lod
[09:42] {Threei} stop to .95
[09:42] {dino} cog sm l .30, stop .96
[09:43] {Threei} BRCM .75 long if stays above .60
[09:43] {Threei} 1/4 more out FRE .29
[09:44] {Threei} 11.99 stop
[09:45] {magoo} in with u vad
[09:46] {magoo} out now lol TY
[09:51] {dino} cog stopped -.34
[09:57] {Threei} LEH 20 break long if stays above .90
[09:58] {Threei} if loses it, look for dump closer to 19.50
[09:58] {dino} biib
[10:00] {Threei} MAY WHOLESALE INVENTORIES: 0.8% V 0.7%E
[10:00] {Threei} MAY PENDING HOME SALES (M/M): -4.7% V -3.0%E
[10:00] {Threei} - prior revised from 6.3% to 7.1%
[10:02] {Threei} here comes LEH dump
[10:04] {dino} artc gap stopped -.39
[10:04] {Threei} not taking LEH here
[10:05] {Threei} lost support invalidating long setup, but didn't sell deep enough
[10:05] {Threei} kind of not here not there
[10:07] {magoo} RIMM 118 easy {but risky} i am in 0off .18
[10:08] {esemde} am outta here for the day.....see you all tomorow ...hopefully
[10:08] {magoo} ES:)
[10:08] {Threei} take care ese, safe trip
[10:09] {magoo} out here .90
[10:09] {Threei} wtg
[10:09] {magoo} theres 118
[10:09] {magoo} was .40 area when iposted
[10:10] {Threei} ok LEH... fooled us
[10:10] {magoo} market hurt thje trade vad...was pulling back when we took it
[10:11] {dptl} erii?
[10:11] {Threei} recent IPO
[10:11] {Threei} risky
[10:11] {Threei} but probably worth a try on break
[10:11] {dptl} yeah
[10:12] {dptl} missed it
[10:12] {magoo} vad, u still in friar tuck?
[10:12] {Threei} about to dump
[10:12] {Threei} out
[10:13] {magoo} u knew which i meant lol?
[10:13] {Threei} I learned magoo-speak over years {G}
[10:13] {Threei} wow
[10:13] {Threei} look at it dumping
[10:13] {Threei} no new news that I see
[10:14] {Threei} LEH too
[10:18] {Threei} IDCC
[10:18] {Threei} TICKS LOWER AFTER EVIDENTIARY HEARING COMMENCES IN ITC INVESTIGATION OF SAMSUNG'S INFRINGEMENT OF 3G PATENTS HELD BY IDCC
[10:18] {Threei} - Under the current schedule, the evidentiary hearing is expected to end on July 15, 2008. The Administrative Law Judge's final initial determination in the investigation is scheduled to be filed no later than November 25, 2008, and the target date for the Commission to render a final determination is set for March 25, 2009.
[10:20] {Threei} G8 LEADERS CALL FOR SUSPENSION IN IRANIAN URANIUM ENRICHMENT
[10:21] {Threei} ALTI?
[10:21] {Threei} what's up there?
[10:24] {cosmo} # Altair Nanotechnologies Announces Successful Grid Interconnection and Operation of Two-Megawatt Battery SystemMarketwire(Tue 7:00am)
[10:27] {magoo} markets confused here...which is adding to my confusion
[10:28] {Chaeron} GM all
[10:29] {Threei} ty cosmo
[10:29] {Threei} chaeron :)
[10:30] {magoo} (:reahc
[10:32] {Chaeron} (:
[10:36] {Chaeron} ok, I come in and all trading and talking stops... I'm gonna get a complex
[10:36] {Threei} lol
[10:37] {Threei} FRE .79 short
[10:37] {Threei} .91 stop
[10:38] {dino} feels like todays' the capit day
[10:39] {Roman} 21 i say not dino
[10:39] {Roman} 21 bet?
[10:40] {dino} sure, a brew
[10:40] {dino} -250 coming dji
[10:40] {Roman} 21 u say dow -500?
[10:41] {dino} no, -250, then big bounce
[10:41] {Roman} 21 i say
[10:41] {Roman} 21 no
[10:43] {dino} cme-13, ma-8, de-2,fwlt-3, spwr-4,nue-5, bucy-5,cpg-5, lufk-5, as mr t says, some serious pain
[10:43] {magoo} but what u saying rfr?slow death all day,powerup??
[10:43] {Roman} 21 i only say no, that's all
[10:43] {dino} the average does not reflect the market anymore
[10:43] {Threei} T. BOONE PICKENS: DO NOT BELIEVE OIL WILL EVER DROP BELOW $100/BBL
[10:44] {Threei} I say he is dead wrong
[10:45] {kazaam} rai l .02
[10:50] {Threei} VVUS?
[10:53] {Threei} anyone sees news on it?
[10:55] {fernp} Vivus: Topiramate suicidality concerns not a new risk - Rodman and Renshaw (7.46 ) : Rodman and Renshaw notes yesterday the FDA released briefing documents for the upcoming joint meeting of the Peripheral and Central Nervous System Drugs and the Psychopharmacologic Drugs Advisory Committees proposing that a black box warning be added to the labels of all anti-seizure drugs including VVUS' Topirimate
[10:56] {Threei} hmmm
[10:56] {Threei} must be something else... hard to see it going up on that :)
[10:56] {fernp} a little bit more..
[10:56] {fernp} This proposal stems from an FDA analysis that looked at 199 placebo-controlled trials of anti-epileptic drugs and indicated that there was an increased risk of suicidal thoughts and behaviors with these drugs. They note that the overall event rate in this analysis was very low with only 0.37% of patients on drug experiencing suicidality, compared to 0.24% of patients on placebo. They would be buyers of VVUS stock on any weakness this
[10:59] {Threei} what date is on this?
[10:59] {fernp} today.
[10:59] {fernp} news on briefing.com
[10:59] {Threei} wierd... my news supply doesn't have it
[10:59] {Threei} thank you
[11:00] {Threei} so... 8 break with 7.84 stop?
[11:00] {Threei} anyone feels it's a runner in the making?
[11:02] {magoo} i think its a dog
[11:03] {Threei} with fleas?
[11:03] {magoo} u betcha
[11:03] {magoo} wrong lev 2 for runner imo
[11:04] {fernp} agree with magoo. lelel 2 not convincing
[11:04] {magoo} magoo falls out oif xchair
[11:06] {Threei} ok ok... I will take it alone... (sniff sniff)... will get stopped alone... all abandoned and lonely (pass me a tissue please)
[11:08] {kazaam} man, nothing has legs for me today, everything i get in become a professional sitter
[11:09] {kazaam} out rai -.01
[11:09] {kazaam} azn l .03
[11:11] {Threei} what a dump oil
[11:15] {magoo} vad, u got a read on AAPL?
[11:16] {Threei} not really
[11:20] {Chaeron} is it summer?
[11:20] {Threei} by my calendar, yes
[11:20] {Chaeron} sorry I meant by trading :)
[11:20] {Threei} not really
[11:22] {Chaeron} must be me... tired and sluggish
[11:22] {Threei} LEH
[11:23] {Threei} this pullback should be buyable
[11:23] {Threei} .31 with stop .19
[11:25] {Chaeron} stopped
[11:25] {Chaeron} -0.14
[11:25] {Threei} did it trigger?
[11:25] {Chaeron} yes... and hit .34
[11:25] {Threei} I must have blinked
[11:26] {Chaeron} you only get to blink after market
[11:35] {Threei} wow ERII
[11:35] {Threei} dp, why didn't we just buy and close our eyes
[11:36] {dptl} yeah...looking at it:)
[11:41] {Threei} US TREASURY REPORTEDLY HAS FROZEN 4 IRANIAN GROUPS AND 4 INDIVIDUALS' ASSETS OVER THE CONCERN FOR NUCLEAR PROLIFERATION
06[11:42] * magoo slaps patience around a bit with a large trout
[11:42] {magoo} warming up for laser
[11:42] {dptl} lol
[11:54] {patience} magoosky, we got some talking to do
[11:54] {Threei} talking? I'd suggest some trouting
06[11:55] * Threei slaps magoo around a bit with a large trout
[11:55] {Threei} that's the only worthy response
[11:55] {patience} i don't do lake fish
[11:55] {magoo} :)
[11:56] {Threei} then:
06[11:56] * Threei slaps magoo around a bit with a large sockeye salmon
[11:57] {patience} just ran into a deer, running around uplands golf course vad, scared the poop out of both of us
[11:57] {patience} market is safer place to be
[11:57] {Threei} lol
[11:57] {patience} literally, the deer was jumping east west, i was running north south
[11:58] {kazaam} biib l .63
[12:02] {kazaam} stopped -.08
[12:13] {Threei} FRE testing day low again
[12:14] {Threei} would prefer a little bounce, then breakdown
[12:14] {Threei} like this
[12:14] {Threei} just want it to stay close enough to breakdown level so we have tight stop
[12:15] {Threei} .95 would do as a top of the bounce
[12:32] {Threei} FED'S LACKER: ECONOMIC GROWTH WILL ACCELERATE NEXT YEAR, INFLATION OUTLOOK HAS DETERIORATED, INFLATION IS UNACCEPTABLY HIGH, HOUSING RECOVERY WILL BE SLOW
[12:49] {Threei} if previous paterns hold, .30 zone should be bounce for LEH
[12:54] {Threei} one more leg down and I am interested
[12:56] {Threei} tat was it?
[12:56] {Threei} if so, I missed it
[13:03] {Threei} SEC REPORT REPORTEDLY FINDS ISSUES AT TOP THREE RATING COMPANIES, CITING ROOOM TO IMPROVE MANAGEMENT OF CONFLICTS IN RATINGS
[13:06] {Threei} figured bounce level to 2-3 cents and didn't get it - you guys put me to sleep
[13:07] {Threei} anyone is awake out there or I can go for a walk?
[13:08] {fernp} here i am awake
[13:08] {Threei} whew
[13:08] {magoo} here
[13:09] {fernp} 19:08 here. No time to sleep
[13:09] {magoo} just seem to give alot back between noon and 2pm so taking it easy
[13:09] {Threei} too bad we let LEH go
[13:09] {Threei} over 50 cents bounce
[13:10] {magoo} yeah, but ..............
[13:10] {magoo} been a bugger earlier
[13:13] {Threei} short LEH .79
[13:13] {Threei} .91 stop
[13:16] {Threei} 1:1
[13:18] {Threei} 1:2
[13:18] {Threei} I am out
[13:18] {Threei} +.24
[13:19] {kazaam} tks vad, that trade put me at BE for the day
[13:19] {Threei} good
[13:19] {Threei} perseverance wins
[13:19] {jmb} thanks vad
[13:19] {Threei} (unless it's stupid stubborness :)
[13:19] {Threei} jmb :)
[13:19] {Threei} just felt I finally got a feel for how it moves
[13:24] {Threei} FED'S LACKER: WITHDRAWING STIMULUS MAKES SENSE AMID A RECOVERY, SEES GROWTH BEGINNING TO ACCELERATE NEXT YEAR, INFLATION IS UNACCEPTABLY HIGH
[13:24] {Threei} - The risk of a severe economic slowdown has fallen. It makes sense to raise rates as economic risks recede.
[13:24] {Threei} - Sees the housing recovery coming "exceedingly slowly."
[13:25] {Threei} FED'S LACKER: WAITING TOO LONG TO RAISE RATES COULD BE RISKY
[13:27] {Threei} JP MORGAN: EXPECTS OIL TO REMAIN ABOUVE $130/BBL THROUGH SUMMER, ABOVE $115/BBL THROUGH THE END OF THE YEAR
[13:28] {Threei} what, no new highs in forecast?
[13:28] {Threei} now we are talking about how low will it go?
[13:28] {fernp} crazy market
[13:28] {dino} indeed
[13:30] {Threei} I can't assign any timelines to my forecast, but I am confident that not only oil will go down, it will go much lower than anyone canimagine right now
[13:30] {Threei} I don't think we already saw the top though
[13:31] {Threei} this retreat is welcome but is just another breather IMO
[13:33] {Threei} 3 mongol tougricks say eventually oil won't be able to hold even 80
[13:33] {Threei} anyone takes the bet?
[13:34] {patience} i'm not sure what you're smoking in your office, i'll take your bet vad
[13:34] {Threei} cool
[13:35] {Threei} I want to say within 1 year but I tend to shorten horizons... 2 years?
[13:36] {patience} how about by the end of this year
[13:36] {Threei} no... too fast
[13:37] {Threei} commodities move slower than stocks :)
[13:37] {Threei} and oil has a lot of inertia still
[13:41] {Threei} covered LEH too soon eh?
[13:41] {Threei} whatever... nailed the top on it to 5 cents, gotta be happy with that
[13:43] {Threei} RUSSIA REPORTEDY SAYS IT MAY BE FORCED TO REACT MILITARILY IF US DEPLOYS MISSILE SHIELD NEAR RUSSIAN TERRITORY
[13:43] {Threei} - Note that the Czech Republic signed an agreement on missle defense with the US today
[13:43] {Threei} great
[13:44] {Threei} we need third war as fish needs umbrella
[14:00] {Threei} RMBS?
[14:01] {Threei} SPENDING PULSE: US GASOLINE DEMAND -3.9%
[14:01] {Threei} don't see any RBMS news
[14:02] {Threei} AAPL
[14:02] {Threei} NOTES IT WILL BEGIN IPHONE 3G SALES AT 8AM ACROSS US TIME ZONES WHEN SALES BEGIN THIS FRIDAY
[14:03] {Threei} LULU sharp selloff too
[14:03] {Threei} again no news
[14:03] {Threei} FED'S LACKER: MAY NEED TO INCREASE INTEREST RATES EVEN IF UNEMPLOYMENT INCREASES OVER TIME, SEES WEAK USD AS CONTRIBUTING TO INFLATION
[14:07] {patience} hmm, helene meisler at cramer's site says panic is in mutual fund liquidation, doesn't feel like it
[14:08] {Threei} yeah... all markets green
[14:08] {patience} buying canadian currency calls for december
[14:13] {Threei} ok... what was that on RMBS
[14:16] {dino} apei
[14:29] {Chaeron} fre
[14:30] {Threei} thinking .50 break?
[14:31] {Roman} 21 dino, you owe me a drink
[14:34] {dino} the day's not over yet
[14:36] {Roman} 21 no capit today man
[14:36] {Roman} 21 forget it unless a war breaks out
[14:36] {dino} lol
[14:37] {dino} stranger things have happened
[14:37] {Threei} indeed
[14:42] {magoo} pretty weird today
[14:44] {Roman} 21 u guys are getting that bounce day
[14:44] {Roman} 21 what's so weird about it?
[14:44] {magoo} uh, 10 minuters ago we were red
[14:45] {magoo} up 65..down 30..up 75 ...weird...although par for course lately
[14:45] {judijim} take care everyone, we'll be back tomorrow
[14:46] {magoo} u 2..good day like yesterday??
[14:46] {judijim} we protected profits and just watched today
[14:47] {Threei} take care jj
[14:47] {magoo} cool..take care
[14:51] {Threei} it's not even market itself... it's individual satocxks that did trade wierdly
[14:51] {Threei} quite pronounced moves on no news
[14:56] {Threei} chaeron, you took FRE?
[14:57] {Chaeron} um no.....
[14:58] {Chaeron} disappointed in me?
[14:58] {Threei} lol
[15:00] {fernp} take care everyone. see you tomorrow.
[15:00] {Threei} *MAY CONSUMER CREDIT: $7.8B V $7.5BE
[15:00] {Threei} take care fern
[15:02] {Threei} jeez
[15:02] {Threei} look at LEH
[15:05] {dino} rfr, looks as if i owe you a brew
[15:14] {Threei} well, VVUS may be not exactly a runner, but worked for a nice scalp
06[15:14] * Threei slaps magoo around a bit with a large trout
[15:15] {magoo} how come??
[15:15] {Threei} two reasons
[15:15] {Threei} first, you disliked VVUS
[15:15] {Threei} and second, why not?
[15:15] {magoo} ok :)
[15:16] {magoo} laser never chimed in today vad
[15:16] {Threei} I knew second one would convince you
[15:16] {Threei} yeah.. he will have double tomorrow
[15:17] {magoo} u got that right...i even wasted warm up on patience
[15:17] {patience} ty magoo
[15:17] {Threei} that was your choice... you could slap Chaeron so warm-up wouldn't go wasted
[15:18] {magoo} hmmmmmmmmmmmmm
06[15:18] * magoo slaps Chaeron around a bit with a large trout
[15:18] {Threei} I know what you are thinking
[15:18] {Threei} "it's not too late"
[15:18] {Threei} :)
[15:19] {Chaeron} thank you
06[15:22] * magoo slaps Chaeron around a bit with a large trout
06[15:22] * magoo slaps Raven around a bit with a large trout
06[15:22] * magoo slaps brian3579 around a bit with a large trout
06[15:22] * magoo slaps Chaeron around a bit with a large trout
06[15:22] * Threei ducks
06[15:22] * magoo slaps cosmo around a bit with a large trout
06[15:22] * magoo slaps dino around a bit with a large trout
06[15:22] * magoo slaps dptl around a bit with a large trout
06[15:22] * magoo slaps globus around a bit with a large trout
[15:22] {dino} ouch
06[15:22] * magoo slaps jmb around a bit with a large trout
06[15:22] * magoo slaps kazaam around a bit with a large trout
06[15:22] * magoo slaps patience around a bit with a large trout
06[15:22] * Chaeron slaps magoo around a bit with a large trout
06[15:22] * magoo slaps tomg around a bit with a large trout
06[15:22] * Chaeron slaps Chaeron around a bit with a large trout
06[15:22] * Chaeron slaps magoo around a bit with a large trout
06[15:22] * Chaeron slaps magoo around a bit with a large trout
[15:22] {Threei} slapfest
06[15:22] * Chaeron slaps magoo around a bit with a large trout
[15:23] {Threei} and all this because of dave slacking
[15:23] {Chaeron} your attacks will not go unanswered
[15:23] {patience} magoosky is bored
[15:23] {magoo} dave fault
[15:23] {magoo} magoosky disciplined today, got up BIG and styopped
[15:23] {Threei} good job
[15:24] {magoo} triple dailyt
[15:24] {magoo} still can't spell
[15:24] {Threei} and I struggled all day to get about flat
[15:25] {magoo} well, i was down yesterday and i believe you were up correct?
[15:25] {dino} up but under ave
[15:25] {dino} broke my 3 day losing streak tho
[15:25] {Threei} not my type of day
[15:29] {Raven} 3 {} !
[15:32] {dino} wow ma turnaround
[15:35] {dptl} up $2.66 today :)
06[15:35] * magoo slaps dptl around a bit with a large trout
[15:35] {dptl} lol
06[15:35] * magoo slaps Raven around a bit with a large trout
[15:35] {dino} :)
[15:36] {Raven} 3 clam down magoo
[15:37] {magoo} suighh..okey dokey big guy
[15:37] {Threei} LEH, want pulback long
[15:37] {Threei} for return to 22
[15:37] {Threei} and possibkly jump over it
[15:38] {Raven} 3 suighh ???
[15:38] {Raven} 3 pathetic spelling
[15:38] {Threei} in
[15:38] {Threei} stop under .50
[15:38] {Threei} last trade for the dayt
[15:39] {Threei} come on
[15:40] {Chaeron} dang... I was right on FRE
[15:40] {Chaeron} and didn't take
[15:40] {Chaeron} as usual
[15:40] {Threei} out .96
[15:40] {Threei} woohoo
[15:40] {Threei} 25 cents for the last trade
[15:40] {Threei} and in green
[15:40] {Threei} anyone took it?
[15:41] {magoo} not eii
[15:42] {Threei} come on dp, that ws your chance for another $1.25? {G}
[15:42] {dptl} roflol
[15:42] {Threei} :)
[15:43] {magoo} ok thanx everybodu...and especially raven
06[15:44] * Chaeron slaps magoo around a bit with a large trout
[15:44] {dino} ctcm tagged today
[15:45] {dptl} whats up with no overnight mesages???
[15:45] {Chaeron} yeah... I thought it was just me yesterday... took it personal like... :)
[15:45] {Threei} some rollover of accounting sheets
[15:45] {dptl} o...isee
[15:45] {Threei} requiring cash only overnight for a few days
[15:47] {Raven} 3 {------------- circling magoo
[15:47] {magoo} he he..i took it personal too yesterday
[15:47] {magoo} magoo pumps shotgun
06[15:47] * dptl slaps magoo around a bit with a large trout
[15:47] {Raven} 3 {----------- out of range
[15:48] {magoo} magoo puts in slug
[15:48] {magoo} much farther range
[15:48] {Raven} 3 {-------------- rides updraft
[15:52] {Threei} impressive recovery today
[15:53] {Threei} LEH, FRE, FNM... RMBS which was real wierd
[15:54] {magoo} vad, i posted premkt rimm could do 122 today
[15:54] {magoo} look
[15:54] {magoo} it was 117 ptre
[15:55] {Threei} disgusting accutracy
[15:55] {magoo} ok, good nite
[15:55] {dptl} have a good evening all:)
[15:55] {Threei} thank you all
[15:55] {Threei} have a good evening
[15:55] {kazaam} adios, see you all tomorrow
[15:55] {Threei} see you tomorrow for hopefully easier to read day
Monday, July 7, 2008
Mon Jul 07 2008
Session Time: Mon Jul 07 00:00:00 2008
[08:03] {Threei} CAAS
[08:03] {Threei} WINS DONGFENG PEUGEOT CITROEN CONTRACT
[08:03] {Threei} - Subsidiary, Jingzhou Henglong Automotive Parts Co. (''Henglong''), has signed a supply agreement with Dongfeng Peugeot Citroen Automobile Co
[08:03] {Threei} - Henglong will ship 3000 units of power steering gears per month to DPCA for its Dongfeng Peugeot 206 model. DPCA and Henglong are also in the process of finalizing commercial orders for two other models -- Dongfeng Elysee R23 and Dongfeng Picasso N68.
[08:17] {brian3579} gm all
[08:17] {Threei} brian :)
[08:30] {Threei} CSIQ
[08:30] {Threei} IGNS SALES AGREEMENTS IN ITALY AND THE CZECH REPUBLIC
[08:31] {Threei} - The total volume of shipments for 2008 for the above mentioned new agreements totals 14.9 MW and reflects sales of CSI's regular module products. The sales will be realized in the second half of 2008 and are in addition to existing shipments to customers in Germany, Spain, USA, Korea and China.
[09:00] {fernp} Good morning
[09:00] {Threei} fern :)
[09:12] {judijim} Good morning everyone
[09:12] {Threei} jj :)
[09:12] {cosmo} NCOC
[09:14] {GeoArb} gm
[09:14] {Threei} Geo :)
[09:15] {dino} gm all
[09:15] {Threei} dino :)
[09:17] {cosmo} CALM: ...Barrons likes it
[09:17] {Threei} nice pleasant sound of oil dropping
[09:17] {Threei} all markets snapback so far
[09:21] {dptl} good morning all
[09:21] {Threei} watching ROYL for bounce
[09:21] {Threei} dp :)
[09:21] {magoo} morning]
[09:21] {Threei} mags :)
[09:21] {tomg} gm all
[09:21] {Threei} tom :)
[09:22] {Threei} 9.25 is Thu high ROYL
[09:22] {Threei} if consloidates a little and breaks it, half lot long
[09:23] {Threei} CSIQ, chart looks nice for bounce and had news... just not sure what it's going to follow more, market or oil
[09:31] {Threei} BRCM, pullback closer to 27 would be a watch for long
[09:32] {Roman} 21 SOL long
[09:32] {Roman} 21 13.18
[09:32] {Roman} 21 13.48
[09:33] {Threei} .35 long BRCM if not losing .20
[09:33] {Threei} would prefer pullback though
[09:36] {esemde} good morning...summer holidays and Vodka...slept right through my alarm
[09:36] {Threei} lol
[09:36] {Threei} morning ese :)
[09:37] {Threei} SOL's nice
[09:38] {Threei} SOLF
[09:38] {magoo} ES:)
[09:39] {Threei} .50 break long if stays above .40
[09:39] {esemde} morning mags
[09:40] {Threei} half out CAEI overnight position .97
[09:40] {Threei} +.36
[09:40] {dino} lol es
[09:40] {esemde} bstop ESLR .51
[09:41] {esemde} morning dino
[09:42] {Threei} anyone found entry BRCM?
[09:42] {magoo} me in .36
[09:42] {Threei} I'd take scalp here
[09:42] {magoo} ok out .69
[09:42] {tomg} ty brcm, vad
[09:42] {magoo} TY
[09:42] {Threei} welcome
[09:43] {magoo} u don't gotta ask twice he he
[09:48] {Threei} UAUA
[09:48] {Threei} .31 long if stays above .20
[09:51] {Roman} 21 out SOL +.44
[09:51] {Threei} wtg'
[09:53] {dino} gj
[09:54] {Threei} ROYL
[09:54] {Threei} half lot .25 break
[09:54] {Threei} stop under 9 or 9.10, depending on your objectives
[09:55] {Threei} over 1:1
[09:56] {dino} titn sm l .43
[09:57] {Threei} don't get stuck in ROYL
[09:57] {Threei} thing is very volatile
[10:09] {dino} titn stopped .10, -.33
[10:10] {Threei} LEH
[10:10] {Threei} .84 short hal lot
[10:10] {Threei} if stays under 23
[10:15] {Roman} 21 NCOC
[10:15] {Roman} 21 long
[10:15] {Roman} 21 small
[10:16] {Roman} 21 6.90
[10:16] {Threei} LEH over 1:1
[10:17] {Threei} 1:2
[10:17] {dptl} out .70 ty
[10:17] {Threei} out.55
[10:18] {Roman} 21 bidding CSIQ
[10:18] {Roman} 21 long
[10:18] {Roman} 21 34.5
[10:19] {laserdave1} magoo dcc please
[10:19] {Threei} wow... sneaked in unnoticed
06[10:19] * Threei slaps laserdave1 around a bit with a large trout
[10:19] {laserdave1} :)
[10:19] {esemde} very sneeky!!!!
[10:21] {Threei} LEH snpaback is coming it feels
[10:21] {Threei} just a scalp
[10:22] {Threei} want it as close to .50 as possible
[10:22] {Threei} watch GS for guidance
[10:23] {Threei} in .58
[10:23] {Threei} .49 stop
[10:25] {Roman} 21 JASO
[10:25] {Threei} out .75
[10:25] {Roman} 21 could be long scalp
[10:25] {Roman} 21 not in
[10:26] {Threei} out last portion CAEI
[10:27] {dino} sm fwlt l .66, stop .59
[10:28] {Threei} wow, sold LEH way too soon
[10:28] {dino} .00 l i mean
[10:31] {dino} avav strong
[10:31] {dino} sm l dwsn .30, stop .93
[10:41] {Threei} BRCM, half lot long .91
[10:41] {Threei} stop .75
[10:41] {Threei} with idea to add another half lot if NQ breaks high and BRCM breaks 28
[10:48] {Threei} correcting stop to .79
[10:49] {Threei} held above .80 on last pullback
[10:54] {Chaeron} good Monday morning all
[10:54] {Threei} chaeron :)
[10:55] {esemde} CCCCHHHHH BABY!!!!!!!!!
[10:55] {Threei} decide if you want to ride half lot of add second half
[10:55] {Threei} matter of trade management
[10:56] {Chaeron} heya ese :)
[10:56] {magoo} chuckiechaer
[10:56] {magoo} :)
[10:56] {Chaeron} lol - heya mags
[10:58] {dino} fwlt stopped -.40
[11:02] {dino} ohh mann, both stops hit today are rinses
[11:06] {Threei} oil upward move is weighing on NASDAQ and by extension holds back BRCM
[11:07] {esemde} Was reading this on CBS Market wqtch "Congress has been particularly impressed by Exxon's April testimony that oil's true price should range from $50 to $55, or less than half of its current price,"......man oh man!!! whats goin on out there
[11:07] {Threei} 50 sounds about right to me
[11:10] {Threei} no worky BRCM
[11:12] {Threei} UPDATE: PLATTS HAS PUT LEHMAN UNDER A TEMPORARY REVIEW THAT BARS IT FROM TRADING OIL CONTRACTS - UNCONFIRMED REPORT
[11:14] {Threei} rinse BRCM
[11:14] {magoo} sort of similar to when laserdave puts magoo under a temp ban on trading BIDU he he
[11:14] {Chaeron} so do we take the 28 if it goes there?
[11:14] {Threei} lol
[11:15] {Threei} hard to tell
[11:15] {Threei} looks tempting
[11:15] {magoo} 300 aapl long here .89
[11:15] {Threei} maybe one more pullback to wait out
[11:16] {Threei} so it defines closer stop
[11:16] {Threei} right now it's too wide
[11:16] {dino} ilmn fast drop
[11:19] {dino} sm l .26
[11:19] {Roman} 21 long WB
[11:20] {Roman} 21 13.92 stop under 13.80, 1/2 size
[11:21] {magoo} aapl like 3:1 here
[11:24] {magoo} out here .25, + .36? i think
[11:24] {magoo} u take it chaer with magoo?
[11:25] {dino} ozrk
[11:26] {Chaeron} no sorry magoo.. I was doing BRCM :( great job to you tho
[11:26] {Threei} {BRCM} ummm... I expected you to be more discreet...
[11:26] {Chaeron} stopped on BRCM - 0.15
[11:26] {Chaeron} not me
[11:26] {Chaeron} :)
[11:26] {dino} dwsn stop to b/e
[11:27] {Chaeron} for some reason I still like BRCM... am I nuts?
[11:28] {Threei} it looks good, just tough to trade
[11:29] {esemde} anybody follow a 52 week high or 52 week low screen? There all 52 weeks lows except for 2 on my screen....
[11:29] {Threei} .38 long NVDA
[11:29] {Threei} .29 stop
[11:31] {Threei} BRCM rinsed us by 3 cents, then worked as planned
[11:33] {dino} dwsn stopped -.06 slippage
[11:43] {Chaeron} stopped NVDA... - 0.13
06[11:43] * Chaeron slaps laserdave1 around a bit with a large trout
[11:44] {Chaeron} there... I feel better
[11:45] {Threei} sharp market dive
[11:46] {Threei} ISSUES FORMAL RESPONSE TO CARL ICAHN'S LATEST LETTER, READY TO ENTER NEGOTIATIONS WITH MSFT
[11:46] {Threei} - "Yahoo!'s Board of Directors continues to stand ready to enter into negotiations with Microsoft Corporation for an acquisition of Yahoo!. Indeed, as recently as June, Yahoo!'s independent directors and management approached Steve Ballmer about just such a transaction, only to be told that Microsoft was no longer interested even in the price range which they had previously proposed.
[11:47] {Threei} - "Now Mr. Ballmer and Mr. Icahn have teamed up in an apparent effort to force Yahoo! into selling to Microsoft its Search business at a price to be determined in a future "negotiation" between Mr. Icahn's directors and Microsoft's management. We feel very strongly that this would not lead to an outcome that would be in the best interests of Yahoo!'s stockholders."
[11:47] {Threei} - "If Microsoft and Mr. Ballmer really want to purchase Yahoo!, we again invite them to make a proposal immediately. And if Mr. Icahn has an actual plan for Yahoo! beyond hoping that Microsoft might actually consummate a deal which they have repeatedly walked away from, we would be very interested in hearing it."
[11:53] {dino} ozrk sm l .28
[12:00] {magoo} dave DDCC
06[12:02] * magoo slaps laserdave1 around a bit with a large trout
06[12:02] * magoo slaps laserdave1 around a bit with a large trout
[12:02] {magoo} DCC dave
[12:02] {magoo} i never have anyway, but i know vad does
[12:02] {magoo} oops, wrong room
[12:07] {Threei} what did I do this time?
[12:07] {magoo} kinda private..but talking about u he he
[12:08] {dino} don't worry 3i, i'm recording it all
[12:09] {Threei} cool, ty
[12:19] {Threei} financials are in the world of pain
[12:20] {Threei} FNM, FRE, LEH, MER
06[12:26] * Chaeron slaps laserdave1 around a bit with a large trout
[12:26] {Chaeron} Dave... dcc please
[12:27] {Threei} wow
[12:27] {Threei} FNM and FRE
[12:27] {Threei} that's scary
[12:28] {Threei} FED'S YELLEN: NOTES IMPORTANCE THAT CAPITAL FLOWS TO FINANCIAL SECTOR INCLUDING PRIVATE EQUITY - COMMENTS TO REPORTERS
[12:28] {Threei} - Remarks that there is nothing alarming about how banks are raising capital
[12:28] {Threei} - Unemployment rate expected to peak at 5% range, but not expected to reach 6%
[12:29] {Threei} end of the world again?
[12:30] {Threei} .81 smaaaal long FRE
[12:30] {Threei} stop under .50
[12:31] {Threei} too fast?
[12:31] {Threei} MARKET WEAKNESS LED BY MORTGAGE FINANCE SECTOR; FNM DOWN 20%, FRE DOWN 26%, BOTH AT 52 WEEK LOWS
[12:32] {Threei} FNM
[12:32] {Threei} INVESTOR RELATIONS SAYS IT HAS NO NEWS TO EXPLAIN TODAY'S SELL OFF IN THE STOCK
[12:32] {Threei} anyone had entry chance?
[12:43] {Threei} if everyone fell asleep I will to
[12:43] {magoo} i tried..missed entry
[12:43] {Threei} 'caause the only way remaining to keep myself awake is
06[12:43] * Threei slaps laserdave1 around a bit with a large trout
[12:44] {Threei} both dropped back into bounce zone
[12:44] {Threei} FRE and FNM
[12:44] {Threei} keep it small
06[12:48] * Chaeron slaps laserdave1 around a bit with a large trout
[12:48] {Chaeron} Dave... DCC?
[12:57] {Threei} FNM/FRE WEAKNESS BEING PARTIALLY ATTRIBUTED TO CONCERNS OVER A POTENTIAL FASB ACCOUNTING RULES CHANGE THAT WOULD REQUIRE BRINGING OFF BALANCE SHEET ITEMS ONTO THE BALANCE SHEET, WHICH WOULD REQUIRE THE GSE'S TO RAISE MORE CAPITAL
[13:00] {Threei} market just shurgged and stopped attempts to swim
[13:01] {Threei} this is the most unusual summer I've ever seen
[13:01] {Threei} remember how we used to yawn through July-August?
[13:01] {dino} y
[13:01] {dino} taking next summer off
[13:03] {Threei} next?
[13:03] {Threei} that's what I call advanced planning
[13:04] {dino} lol
[13:05] {dino} it used to be just vacation in august, because aug. always sucked. but this year.............
[13:06] {Threei} my cruise is already booked
[13:06] {Threei} should I cancel?
[13:07] {dino} extend it
[13:07] {Threei} through the next summer?? :)
[13:20] {Threei} .35 long FNM half lot
[13:20] {Threei} stop .19
[13:23] {Threei} 1 cents shy of 1:1
[13:25] {Threei} if loses .20 look for re-entry around 15
[13:26] {Roman} 21 CNQ
[13:26] {Roman} 21 long
[13:26] {Roman} 21 89.38 super small
[13:39] {dino} i may be eatly, but adding a few small swings
[13:40] {Threei} certainly gutsy
[13:41] {dino} gut feeling a big bounce in soon
[13:42] {Threei} if not for fdinancials we would have already gotten it...
[13:42] {Threei} all compnenets were in place
[13:42] {Threei} oil down
[13:42] {dino} steels holding well, machinery too
[13:43] {Threei} need just a bit of confidence no big bank fails
[13:43] {Threei} and market will skyrocket
[13:45] {Roman} 21 out CNQ .62
[13:47] {Threei} good one
[13:55] {Threei} big recovery oil
[13:56] {magoo} one day this makets gonna bounce big time.but man, doing its best to rinse evceryone out firstl
[13:56] {Threei} still bear market
[13:56] {magoo} im just looking for that one 300 plus point up day
[14:02] {Threei} anyone took FNM off 15?
[14:04] {judijim} take care all, we had a great day and keeping profits +$1015, be back tomorrow
[14:05] {Chaeron} nice
[14:05] {Threei} beautiful jj
[14:05] {Threei} wtg
[14:05] {patience} terrific jj :)
[14:05] {kazaam} gj JJ, enjoy the rest of your day
[14:07] {dino} gj jj
[14:31] {esemde} still hangin in.....bstop in ESLR at .51
[14:32] {Threei} MOODY'S RAISES XIDE'S CFR TO B3 FROM CAA1
[14:46] {Threei} RIMM, long off 113
[14:46] {Threei} on cross back
[14:47] {Threei} if loses .80 wait for closer to .50
[14:48] {Threei} no entry, wanted under .60
[14:48] {Threei} got a bit too greedy
[14:49] {Threei} ugh
[14:50] {Threei} anyone was less picky than me and took .70?
[14:50] {magoo} nope, wanted .56
[14:51] {Threei} welcome to the club of blue-eyed optimists
[15:02] {magoo} good read on it vad
[15:02] {Threei} oh btw... end of the world just got canceled
[15:03] {cosmo} ...again
[15:03] {Threei} yep... daily occuerence now
[15:04] {cosmo} ... for 4 more years...
[15:05] {cosmo} then it really ends
[15:05] {cosmo} jk..
[15:05] {Threei} I wanted to stock a machine-gun fulkl of vodka for the end of the world day... but at this rate I'd go through them too quickly
[15:06] {cosmo} a .... gun?
[15:06] {dino} the vodka or the guns
[15:07] {Threei} participans of RT meet-up last Friday know :)
[15:07] {dino} a secret club i see
[15:07] {patience} vad poured ese a shot of vodka from a glass machine gun last friday
[15:07] {Chaeron} yeah... I'm not in it either dino :)
[15:07] {dino} lol, i get it
[15:08] {patience} i was the designated driver and got to watch them empty it
[15:08] {dino} i'm sure that was fun
[15:09] {magoo} i was on bender last 3 days
[15:09] {patience} ok, you win magoo
[15:09] {magoo} thurs, fri, and sat...
[15:09] {magoo} lost 3 lbs..forgot to eat
[15:10] {Threei} http://www.tommygunsvodka.com/products_old.php
[15:10] {Threei} not exact but similar
[15:10] {Chaeron} RIMM?
[15:11] {Chaeron} too late
[15:11] {cosmo} looks like a squirt gun
[15:14] {magoo} i'm confused..are we going up or down here?
[15:14] {Threei} yes
[15:17] {magoo} that helps..ty
[15:18] {Threei} always
[15:27] {magoo} so now green again?
[15:27] {Threei} yup, we never see downturn again
[15:27] {magoo} and your end of days party is canx?
[15:28] {Threei} yeah :(
[15:28] {Chaeron} we'll have a daw 15,000 party
[15:31] {Threei} sounds wierd by BRCM actually not very far from 52 week high
[15:31] {Threei} by = but
[15:31] {magoo} end of days party more fun...women put out easier and more lol
[15:31] {Threei} unlike the rest of the group
[15:41] {Threei} incredible mood swings
[15:48] {Threei} .35 BRCM long if NQ bounces
[15:48] {Threei} and if stays above .30
[15:48] {Threei} .29 stop
[15:51] {Threei} come on NQ, let's try hod again
[15:54] {Chaeron} come on...........................
[15:54] {Threei} nope
[15:55] {Chaeron} sigh
[15:55] {Threei} all good ones fell on morning todays
[15:55] {dino} this market is whacko
[15:55] {Threei} total
[15:56] {Threei} maniak-depressive
[15:57] {dino} agreed
[15:57] {dino} just dropped like 100 pts on dji in 15 minutes
[15:58] {dino} out ozrk .18 -.10
[15:59] {Threei} Ok guys, thank you all
[15:59] {Threei} have a good evening
[16:00] {Threei} see you tomorrow for another sequence of world-ends and their cancellations
[16:00] {dptl} have a good evening all
[08:03] {Threei} CAAS
[08:03] {Threei} WINS DONGFENG PEUGEOT CITROEN CONTRACT
[08:03] {Threei} - Subsidiary, Jingzhou Henglong Automotive Parts Co. (''Henglong''), has signed a supply agreement with Dongfeng Peugeot Citroen Automobile Co
[08:03] {Threei} - Henglong will ship 3000 units of power steering gears per month to DPCA for its Dongfeng Peugeot 206 model. DPCA and Henglong are also in the process of finalizing commercial orders for two other models -- Dongfeng Elysee R23 and Dongfeng Picasso N68.
[08:17] {brian3579} gm all
[08:17] {Threei} brian :)
[08:30] {Threei} CSIQ
[08:30] {Threei} IGNS SALES AGREEMENTS IN ITALY AND THE CZECH REPUBLIC
[08:31] {Threei} - The total volume of shipments for 2008 for the above mentioned new agreements totals 14.9 MW and reflects sales of CSI's regular module products. The sales will be realized in the second half of 2008 and are in addition to existing shipments to customers in Germany, Spain, USA, Korea and China.
[09:00] {fernp} Good morning
[09:00] {Threei} fern :)
[09:12] {judijim} Good morning everyone
[09:12] {Threei} jj :)
[09:12] {cosmo} NCOC
[09:14] {GeoArb} gm
[09:14] {Threei} Geo :)
[09:15] {dino} gm all
[09:15] {Threei} dino :)
[09:17] {cosmo} CALM: ...Barrons likes it
[09:17] {Threei} nice pleasant sound of oil dropping
[09:17] {Threei} all markets snapback so far
[09:21] {dptl} good morning all
[09:21] {Threei} watching ROYL for bounce
[09:21] {Threei} dp :)
[09:21] {magoo} morning]
[09:21] {Threei} mags :)
[09:21] {tomg} gm all
[09:21] {Threei} tom :)
[09:22] {Threei} 9.25 is Thu high ROYL
[09:22] {Threei} if consloidates a little and breaks it, half lot long
[09:23] {Threei} CSIQ, chart looks nice for bounce and had news... just not sure what it's going to follow more, market or oil
[09:31] {Threei} BRCM, pullback closer to 27 would be a watch for long
[09:32] {Roman} 21 SOL long
[09:32] {Roman} 21 13.18
[09:32] {Roman} 21 13.48
[09:33] {Threei} .35 long BRCM if not losing .20
[09:33] {Threei} would prefer pullback though
[09:36] {esemde} good morning...summer holidays and Vodka...slept right through my alarm
[09:36] {Threei} lol
[09:36] {Threei} morning ese :)
[09:37] {Threei} SOL's nice
[09:38] {Threei} SOLF
[09:38] {magoo} ES:)
[09:39] {Threei} .50 break long if stays above .40
[09:39] {esemde} morning mags
[09:40] {Threei} half out CAEI overnight position .97
[09:40] {Threei} +.36
[09:40] {dino} lol es
[09:40] {esemde} bstop ESLR .51
[09:41] {esemde} morning dino
[09:42] {Threei} anyone found entry BRCM?
[09:42] {magoo} me in .36
[09:42] {Threei} I'd take scalp here
[09:42] {magoo} ok out .69
[09:42] {tomg} ty brcm, vad
[09:42] {magoo} TY
[09:42] {Threei} welcome
[09:43] {magoo} u don't gotta ask twice he he
[09:48] {Threei} UAUA
[09:48] {Threei} .31 long if stays above .20
[09:51] {Roman} 21 out SOL +.44
[09:51] {Threei} wtg'
[09:53] {dino} gj
[09:54] {Threei} ROYL
[09:54] {Threei} half lot .25 break
[09:54] {Threei} stop under 9 or 9.10, depending on your objectives
[09:55] {Threei} over 1:1
[09:56] {dino} titn sm l .43
[09:57] {Threei} don't get stuck in ROYL
[09:57] {Threei} thing is very volatile
[10:09] {dino} titn stopped .10, -.33
[10:10] {Threei} LEH
[10:10] {Threei} .84 short hal lot
[10:10] {Threei} if stays under 23
[10:15] {Roman} 21 NCOC
[10:15] {Roman} 21 long
[10:15] {Roman} 21 small
[10:16] {Roman} 21 6.90
[10:16] {Threei} LEH over 1:1
[10:17] {Threei} 1:2
[10:17] {dptl} out .70 ty
[10:17] {Threei} out.55
[10:18] {Roman} 21 bidding CSIQ
[10:18] {Roman} 21 long
[10:18] {Roman} 21 34.5
[10:19] {laserdave1} magoo dcc please
[10:19] {Threei} wow... sneaked in unnoticed
06[10:19] * Threei slaps laserdave1 around a bit with a large trout
[10:19] {laserdave1} :)
[10:19] {esemde} very sneeky!!!!
[10:21] {Threei} LEH snpaback is coming it feels
[10:21] {Threei} just a scalp
[10:22] {Threei} want it as close to .50 as possible
[10:22] {Threei} watch GS for guidance
[10:23] {Threei} in .58
[10:23] {Threei} .49 stop
[10:25] {Roman} 21 JASO
[10:25] {Threei} out .75
[10:25] {Roman} 21 could be long scalp
[10:25] {Roman} 21 not in
[10:26] {Threei} out last portion CAEI
[10:27] {dino} sm fwlt l .66, stop .59
[10:28] {Threei} wow, sold LEH way too soon
[10:28] {dino} .00 l i mean
[10:31] {dino} avav strong
[10:31] {dino} sm l dwsn .30, stop .93
[10:41] {Threei} BRCM, half lot long .91
[10:41] {Threei} stop .75
[10:41] {Threei} with idea to add another half lot if NQ breaks high and BRCM breaks 28
[10:48] {Threei} correcting stop to .79
[10:49] {Threei} held above .80 on last pullback
[10:54] {Chaeron} good Monday morning all
[10:54] {Threei} chaeron :)
[10:55] {esemde} CCCCHHHHH BABY!!!!!!!!!
[10:55] {Threei} decide if you want to ride half lot of add second half
[10:55] {Threei} matter of trade management
[10:56] {Chaeron} heya ese :)
[10:56] {magoo} chuckiechaer
[10:56] {magoo} :)
[10:56] {Chaeron} lol - heya mags
[10:58] {dino} fwlt stopped -.40
[11:02] {dino} ohh mann, both stops hit today are rinses
[11:06] {Threei} oil upward move is weighing on NASDAQ and by extension holds back BRCM
[11:07] {esemde} Was reading this on CBS Market wqtch "Congress has been particularly impressed by Exxon's April testimony that oil's true price should range from $50 to $55, or less than half of its current price,"......man oh man!!! whats goin on out there
[11:07] {Threei} 50 sounds about right to me
[11:10] {Threei} no worky BRCM
[11:12] {Threei} UPDATE: PLATTS HAS PUT LEHMAN UNDER A TEMPORARY REVIEW THAT BARS IT FROM TRADING OIL CONTRACTS - UNCONFIRMED REPORT
[11:14] {Threei} rinse BRCM
[11:14] {magoo} sort of similar to when laserdave puts magoo under a temp ban on trading BIDU he he
[11:14] {Chaeron} so do we take the 28 if it goes there?
[11:14] {Threei} lol
[11:15] {Threei} hard to tell
[11:15] {Threei} looks tempting
[11:15] {magoo} 300 aapl long here .89
[11:15] {Threei} maybe one more pullback to wait out
[11:16] {Threei} so it defines closer stop
[11:16] {Threei} right now it's too wide
[11:16] {dino} ilmn fast drop
[11:19] {dino} sm l .26
[11:19] {Roman} 21 long WB
[11:20] {Roman} 21 13.92 stop under 13.80, 1/2 size
[11:21] {magoo} aapl like 3:1 here
[11:24] {magoo} out here .25, + .36? i think
[11:24] {magoo} u take it chaer with magoo?
[11:25] {dino} ozrk
[11:26] {Chaeron} no sorry magoo.. I was doing BRCM :( great job to you tho
[11:26] {Threei} {BRCM} ummm... I expected you to be more discreet...
[11:26] {Chaeron} stopped on BRCM - 0.15
[11:26] {Chaeron} not me
[11:26] {Chaeron} :)
[11:26] {dino} dwsn stop to b/e
[11:27] {Chaeron} for some reason I still like BRCM... am I nuts?
[11:28] {Threei} it looks good, just tough to trade
[11:29] {esemde} anybody follow a 52 week high or 52 week low screen? There all 52 weeks lows except for 2 on my screen....
[11:29] {Threei} .38 long NVDA
[11:29] {Threei} .29 stop
[11:31] {Threei} BRCM rinsed us by 3 cents, then worked as planned
[11:33] {dino} dwsn stopped -.06 slippage
[11:43] {Chaeron} stopped NVDA... - 0.13
06[11:43] * Chaeron slaps laserdave1 around a bit with a large trout
[11:44] {Chaeron} there... I feel better
[11:45] {Threei} sharp market dive
[11:46] {Threei} ISSUES FORMAL RESPONSE TO CARL ICAHN'S LATEST LETTER, READY TO ENTER NEGOTIATIONS WITH MSFT
[11:46] {Threei} - "Yahoo!'s Board of Directors continues to stand ready to enter into negotiations with Microsoft Corporation for an acquisition of Yahoo!. Indeed, as recently as June, Yahoo!'s independent directors and management approached Steve Ballmer about just such a transaction, only to be told that Microsoft was no longer interested even in the price range which they had previously proposed.
[11:47] {Threei} - "Now Mr. Ballmer and Mr. Icahn have teamed up in an apparent effort to force Yahoo! into selling to Microsoft its Search business at a price to be determined in a future "negotiation" between Mr. Icahn's directors and Microsoft's management. We feel very strongly that this would not lead to an outcome that would be in the best interests of Yahoo!'s stockholders."
[11:47] {Threei} - "If Microsoft and Mr. Ballmer really want to purchase Yahoo!, we again invite them to make a proposal immediately. And if Mr. Icahn has an actual plan for Yahoo! beyond hoping that Microsoft might actually consummate a deal which they have repeatedly walked away from, we would be very interested in hearing it."
[11:53] {dino} ozrk sm l .28
[12:00] {magoo} dave DDCC
06[12:02] * magoo slaps laserdave1 around a bit with a large trout
06[12:02] * magoo slaps laserdave1 around a bit with a large trout
[12:02] {magoo} DCC dave
[12:02] {magoo} i never have anyway, but i know vad does
[12:02] {magoo} oops, wrong room
[12:07] {Threei} what did I do this time?
[12:07] {magoo} kinda private..but talking about u he he
[12:08] {dino} don't worry 3i, i'm recording it all
[12:09] {Threei} cool, ty
[12:19] {Threei} financials are in the world of pain
[12:20] {Threei} FNM, FRE, LEH, MER
06[12:26] * Chaeron slaps laserdave1 around a bit with a large trout
[12:26] {Chaeron} Dave... dcc please
[12:27] {Threei} wow
[12:27] {Threei} FNM and FRE
[12:27] {Threei} that's scary
[12:28] {Threei} FED'S YELLEN: NOTES IMPORTANCE THAT CAPITAL FLOWS TO FINANCIAL SECTOR INCLUDING PRIVATE EQUITY - COMMENTS TO REPORTERS
[12:28] {Threei} - Remarks that there is nothing alarming about how banks are raising capital
[12:28] {Threei} - Unemployment rate expected to peak at 5% range, but not expected to reach 6%
[12:29] {Threei} end of the world again?
[12:30] {Threei} .81 smaaaal long FRE
[12:30] {Threei} stop under .50
[12:31] {Threei} too fast?
[12:31] {Threei} MARKET WEAKNESS LED BY MORTGAGE FINANCE SECTOR; FNM DOWN 20%, FRE DOWN 26%, BOTH AT 52 WEEK LOWS
[12:32] {Threei} FNM
[12:32] {Threei} INVESTOR RELATIONS SAYS IT HAS NO NEWS TO EXPLAIN TODAY'S SELL OFF IN THE STOCK
[12:32] {Threei} anyone had entry chance?
[12:43] {Threei} if everyone fell asleep I will to
[12:43] {magoo} i tried..missed entry
[12:43] {Threei} 'caause the only way remaining to keep myself awake is
06[12:43] * Threei slaps laserdave1 around a bit with a large trout
[12:44] {Threei} both dropped back into bounce zone
[12:44] {Threei} FRE and FNM
[12:44] {Threei} keep it small
06[12:48] * Chaeron slaps laserdave1 around a bit with a large trout
[12:48] {Chaeron} Dave... DCC?
[12:57] {Threei} FNM/FRE WEAKNESS BEING PARTIALLY ATTRIBUTED TO CONCERNS OVER A POTENTIAL FASB ACCOUNTING RULES CHANGE THAT WOULD REQUIRE BRINGING OFF BALANCE SHEET ITEMS ONTO THE BALANCE SHEET, WHICH WOULD REQUIRE THE GSE'S TO RAISE MORE CAPITAL
[13:00] {Threei} market just shurgged and stopped attempts to swim
[13:01] {Threei} this is the most unusual summer I've ever seen
[13:01] {Threei} remember how we used to yawn through July-August?
[13:01] {dino} y
[13:01] {dino} taking next summer off
[13:03] {Threei} next?
[13:03] {Threei} that's what I call advanced planning
[13:04] {dino} lol
[13:05] {dino} it used to be just vacation in august, because aug. always sucked. but this year.............
[13:06] {Threei} my cruise is already booked
[13:06] {Threei} should I cancel?
[13:07] {dino} extend it
[13:07] {Threei} through the next summer?? :)
[13:20] {Threei} .35 long FNM half lot
[13:20] {Threei} stop .19
[13:23] {Threei} 1 cents shy of 1:1
[13:25] {Threei} if loses .20 look for re-entry around 15
[13:26] {Roman} 21 CNQ
[13:26] {Roman} 21 long
[13:26] {Roman} 21 89.38 super small
[13:39] {dino} i may be eatly, but adding a few small swings
[13:40] {Threei} certainly gutsy
[13:41] {dino} gut feeling a big bounce in soon
[13:42] {Threei} if not for fdinancials we would have already gotten it...
[13:42] {Threei} all compnenets were in place
[13:42] {Threei} oil down
[13:42] {dino} steels holding well, machinery too
[13:43] {Threei} need just a bit of confidence no big bank fails
[13:43] {Threei} and market will skyrocket
[13:45] {Roman} 21 out CNQ .62
[13:47] {Threei} good one
[13:55] {Threei} big recovery oil
[13:56] {magoo} one day this makets gonna bounce big time.but man, doing its best to rinse evceryone out firstl
[13:56] {Threei} still bear market
[13:56] {magoo} im just looking for that one 300 plus point up day
[14:02] {Threei} anyone took FNM off 15?
[14:04] {judijim} take care all, we had a great day and keeping profits +$1015, be back tomorrow
[14:05] {Chaeron} nice
[14:05] {Threei} beautiful jj
[14:05] {Threei} wtg
[14:05] {patience} terrific jj :)
[14:05] {kazaam} gj JJ, enjoy the rest of your day
[14:07] {dino} gj jj
[14:31] {esemde} still hangin in.....bstop in ESLR at .51
[14:32] {Threei} MOODY'S RAISES XIDE'S CFR TO B3 FROM CAA1
[14:46] {Threei} RIMM, long off 113
[14:46] {Threei} on cross back
[14:47] {Threei} if loses .80 wait for closer to .50
[14:48] {Threei} no entry, wanted under .60
[14:48] {Threei} got a bit too greedy
[14:49] {Threei} ugh
[14:50] {Threei} anyone was less picky than me and took .70?
[14:50] {magoo} nope, wanted .56
[14:51] {Threei} welcome to the club of blue-eyed optimists
[15:02] {magoo} good read on it vad
[15:02] {Threei} oh btw... end of the world just got canceled
[15:03] {cosmo} ...again
[15:03] {Threei} yep... daily occuerence now
[15:04] {cosmo} ... for 4 more years...
[15:05] {cosmo} then it really ends
[15:05] {cosmo} jk..
[15:05] {Threei} I wanted to stock a machine-gun fulkl of vodka for the end of the world day... but at this rate I'd go through them too quickly
[15:06] {cosmo} a .... gun?
[15:06] {dino} the vodka or the guns
[15:07] {Threei} participans of RT meet-up last Friday know :)
[15:07] {dino} a secret club i see
[15:07] {patience} vad poured ese a shot of vodka from a glass machine gun last friday
[15:07] {Chaeron} yeah... I'm not in it either dino :)
[15:07] {dino} lol, i get it
[15:08] {patience} i was the designated driver and got to watch them empty it
[15:08] {dino} i'm sure that was fun
[15:09] {magoo} i was on bender last 3 days
[15:09] {patience} ok, you win magoo
[15:09] {magoo} thurs, fri, and sat...
[15:09] {magoo} lost 3 lbs..forgot to eat
[15:10] {Threei} http://www.tommygunsvodka.com/products_old.php
[15:10] {Threei} not exact but similar
[15:10] {Chaeron} RIMM?
[15:11] {Chaeron} too late
[15:11] {cosmo} looks like a squirt gun
[15:14] {magoo} i'm confused..are we going up or down here?
[15:14] {Threei} yes
[15:17] {magoo} that helps..ty
[15:18] {Threei} always
[15:27] {magoo} so now green again?
[15:27] {Threei} yup, we never see downturn again
[15:27] {magoo} and your end of days party is canx?
[15:28] {Threei} yeah :(
[15:28] {Chaeron} we'll have a daw 15,000 party
[15:31] {Threei} sounds wierd by BRCM actually not very far from 52 week high
[15:31] {Threei} by = but
[15:31] {magoo} end of days party more fun...women put out easier and more lol
[15:31] {Threei} unlike the rest of the group
[15:41] {Threei} incredible mood swings
[15:48] {Threei} .35 BRCM long if NQ bounces
[15:48] {Threei} and if stays above .30
[15:48] {Threei} .29 stop
[15:51] {Threei} come on NQ, let's try hod again
[15:54] {Chaeron} come on...........................
[15:54] {Threei} nope
[15:55] {Chaeron} sigh
[15:55] {Threei} all good ones fell on morning todays
[15:55] {dino} this market is whacko
[15:55] {Threei} total
[15:56] {Threei} maniak-depressive
[15:57] {dino} agreed
[15:57] {dino} just dropped like 100 pts on dji in 15 minutes
[15:58] {dino} out ozrk .18 -.10
[15:59] {Threei} Ok guys, thank you all
[15:59] {Threei} have a good evening
[16:00] {Threei} see you tomorrow for another sequence of world-ends and their cancellations
[16:00] {dptl} have a good evening all
Thursday, July 3, 2008
Jul 03 2008
Session Time: Thu Jul 03 00:00:00 2008
[08:30] {Threei} JUNE AVERAGE HOURLY EARNINGS M/M: 0.3% V 0.3%E; AVERAGE WEEKLY HOURS: 33.7 V 33.7E
[08:30] {Threei} JUN CHANGE IN NONFARM PAYROLLS: -62K V -60KE; CHANGE IN MANUFACTURING PAYROLLS: -33K V -30KE
[08:30] {Threei} - Prior April Nonfarm Payrolls revised Lower from - 49K to -62K
[08:30] {Threei} - Prior Manufacturing Payrolls revised Lower from -26K to -22K
[08:31] {Threei} INITIAL JOBLESS CLAIMS: 404K V 385KE; CONTINUING CLAIMS: 3.116M V 3.125ME
[08:31] {Threei} - Prior Initial Jobless Claims revised from 384K to 388K
[08:31] {Threei} - Prior Continuing Claims revised from 3.139M to 3.135M
[08:31] {Threei} JUN UNEMPLOYMENT RATE: 5.5% V 5.4%E
[08:32] {Threei} and ECB rate hike... I am scared even to look at oil
[08:33] {_Lisa_Jay} Good morning.
[08:33] {Threei} morning Lisa
[08:33] {Threei} 07/02/08 04:41pm [NVDA] Cuts Q2 sales forecast to $875-950M (had seen sales at about $1.09B) v $1.1Be, gross margin to be lower than expected, sees a $150-200M charge against revenuemore.. - Expects a $150-200M charge against cost of revenue to cover anticipated customer warranty, repair, return, replacement and other consequential costs and expenses arising from a weak die/packaging material set in certain versions of our previous generation MCP and GPU products used in notebook systems. - All newly manufactured products and all products currently shipping in volume have a different and more robust material set. - The previous generation MCP and GPU products that are impacted were included in a number of notebook products that were shipped and sold in significant quantities. - NVDA has developed and made available for download a software driver to cause the system fan to begin operation at the powering up of the system and reduce the thermal stress on these chips. It has also recommended that customers consider changing the thermal management of the MCP and GPU products in their notebook system designs. - Has begun discussions with supply chain regarding reimbursement to us for some or all of the costs we have incurred and may incur in the future relating to the weak material set. Company will also seek to access our insurance coverage.
[08:34] {Threei} flirts with -$5
[08:35] {Threei} a few downgrades for full measure
[08:42] {esemde} morning Vad
[08:43] {esemde} dreary day in the neighbourhood here.......sunny up your way?
[08:44] {Threei} hi ese
[08:44] {Threei} nope, overcast
[08:45] {Threei} what's the forecast for tomorrow?
[08:45] {esemde} was just going to look...be right with ya
[08:45] {cosmo} independance i think
[08:46] {esemde} rain..... 21C high 16C low
[08:47] {esemde} clear up by sunday
[08:47] {Threei} well... someone will have to hold umbrella over shishkebab :)
[08:47] {esemde} indeed.....
[08:47] {esemde} i will do that
[08:48] {cosmo} NVDA @ 13
[08:48] {Threei} that will warrant extra piece of meat
[08:48] {cosmo} fwiw
[08:48] {Threei} and what was this business with thunderstorm yesterday... first time I hear thunder on the island
[08:49] {patience} thunder and lightning through the night
[08:49] {Threei} had already my doubts it ever happens here
[08:49] {esemde} hmmmmmm...slept right through it...didn't here a thing
[08:50] {Threei} wow... good for you :)
[08:51] {esemde} been a busy year.......will take at least this month to get rested
[09:01] {fernp} gm
[09:01] {cosmo} NVDA holds 13 ...so far
[09:02] {Threei} fern :)
[09:02] {Threei} I am inclined to think it will hold
[09:02] {Threei} well, as much as I am inclined to think at all
[09:02] {esemde} fern
[09:02] {Threei} which is not much
[09:05] {Threei} NQ being up 10 points on all this wave of dreadful news is encouraging
[09:07] {dino} gm all
[09:07] {Threei} dino :)
[09:07] {esemde} thats the market for you.....
[09:07] {esemde} dino........you still loking at ESLR dino
[09:07] {esemde} "looking"
[09:08] {esemde} am gonna go long again when it gets to the 9}60 range
[09:09] {dino} i like spwr better, but not pushing today, closes at 1:00
[09:10] {dino} 9.60? its at 8.90 now
[09:12] {GeoArb} gm
[09:12] {Threei} geo :)
[09:12] {dino} steels going to bounce? got beat like a bad dog yesterday
[09:13] {esemde} what are you lookin at there...
[09:13] {esemde} anything in particular
[09:14] {Threei} quite likely, and , at least so far, it feels like violent snapback day
[09:14] {dino} schn, nue
[09:15] {judijim} good morning everyone
[09:15] {Threei} jj :)
[09:15] {esemde} tks dino
[09:15] {dino} jj
[09:15] {esemde} jj
[09:15] {Threei} let me throw CAEI in the mix
[09:15] {dino} schn crushed and beat by quite a bit on earnings day before
[09:15] {cosmo} CHDX
[09:15] {dino} x -22
[09:15] {cosmo} # Chindex International, Inc. Announces Receipt of Key Regulatory ApprovalsChina SFDA Certificates Received Include Intuitive Surgical daVinci SPR Newswire(Wed 7:43pm)
[09:16] {esemde} brutal down move in NUE also yesterday
[09:16] {esemde} 9 bucks approx......sheesh
[09:16] {magoo} ldtkjlhdtjlkgbjdrskfjslisrjli
[09:16] {dino} y
[09:17] {esemde} mags
[09:17] {Threei} I agree with most of what you said magooevski
[09:17] {Threei} excpet maybe for skfjsl part
[09:17] {esemde} cool hyroglithics......i think i understood that.....
[09:18] {esemde} ya i didn't get that part either
[09:19] {dptl} good morning all
[09:19] {esemde} dp....
[09:20] {dptl} so its a short day today?
[09:20] {esemde} all you neighbours to the south....what do you make of this possible GM bankrupcy?
[09:21] {esemde} yes short day dp...
[09:21] {esemde} done at 1:00pm i believe
[09:21] {esemde} eastern
[09:21] {Threei} dp :)
[09:21] {dptl} ty :)
[09:27] {Threei} NVDA lost 13
[09:27] {dino} its the only way to break the union and get the cutbacks they need
[09:28] {esemde} hmmmmmmm
[09:28] {esemde} not much substance to it dino?
[09:30] {dino} their costs are way too high, the can't fire people, and they are locked into labor contracts that make them build the wrong cars. its a mess.
[09:33] {Threei} NVDA, bounce time
[09:33] {Threei} .51 with .39 stop
[09:33] {magoo} in
[09:33] {magoo} .49
[09:34] {Threei} over 1:1 easy
[09:34] {Threei} 1:2
[09:34] {Threei} half out at least
[09:34] {Threei} 1:3
[09:34] {magoo} out .83TY boss
[09:34] {tomg} nice one vad, ty
[09:34] {Threei} 1:4, I am out
[09:35] {Threei} welcome guys
[09:35] {magoo} easy button worthy
[09:35] {Threei} NVDA is a tough one to trade latley, but heck, I don't believe it goes to zero
[09:35] {magoo} lets watch aapl for vbounce vad
[09:36] {kazaam} man, i look away from the chat for 1 minute and you guys are making money
[09:36] {Threei} sorry kaz
[09:37] {Threei} just alert us when you are going to look away next time, we will hold the call
[09:37] {kazaam} lol
[09:37] {Threei} mags, I would feel much more comfortable with AAPL closer to 168
[09:37] {magoo} ok
[09:38] {Threei} look at NVDA 1 min and daily,
[09:38] {Threei} just how tempting that was to jump on it around 13
[09:38] {Threei} a bit of patience, letting it come to us, capitulatory selling, and we got almost exact bottom
[09:39] {Threei} AAPL is much worse in this regard, getting in too early will cost much more
[09:40] {magoo} we need naz turn first on aapl
[09:42] {fernp} YHOO vad?
[09:43] {Threei} IMO{ leave that dog alone
[09:43] {fernp} ok
[09:44] {Threei} has too many fleas
[09:44] {fernp} yes :)
[09:46] {dino} zion
[09:47] {Threei} SQNM .81 long, stop under .70
[09:49] {dino} new lows dji
[09:55] {_Lisa_Jay} ISM number soon
[09:58] {Threei} NVDA is trying for bigger bounce
[09:58] {kazaam} dino, do you look at 30sec chart?
[09:58] {Threei} hard to find entry here
[09:58] {Threei} spiked a bit too vertically
[09:59] {Threei} to try a few times... get in here with stop under .90
[09:59] {Threei} but be willing to get stopped and try again
[10:00] {magoo} in
[10:00] {Threei} JUN ISM NON-MANUFACTURING COMPOSITE: 48.2 V 51.0E
[10:01] {Threei} Non-Mfg Prices Index: 49.9 v May 77.0
[10:01] {Threei} - Employment: 43.8 v May 48.7
[10:01] {Threei} - New Orders Index: 48.6 v May 53.6
[10:01] {Threei} - Prices Paid: 84.7 v 77 prior
[10:07] {Threei} SQNM 1:2
[10:13] {tomg} beauty sqnm vad, ty
[10:13] {Threei} :)
[10:14] {Threei} CAEI
[10:14] {Threei} long here IMO
[10:14] {Threei} stop under .50
[10:36] {magoo} 13 big resistance nvda vad
[10:36] {Threei} yup
[10:36] {magoo} man of few words
[10:36] {Threei} that's me
[10:38] {Roman} 21 long WB
[10:38] {Roman} 21 15.21
[10:38] {Roman} 21 small
[10:38] {Roman} 21 31
[11:07] {dino} schn sm l .50
[11:08] {GeoArb} done for the day.... have a good 4th guys
[11:09] {dino} u2 geo
[11:09] {dino} he's done, i just started
[11:09] {Threei} take care Geo, have a great one
[11:09] {magoo} u 2 geo
[11:09] {GeoArb} heheh dino
[11:10] {dino} :)
[11:10] {GeoArb} today was my one of the better days LEH DRYS V MEE
[11:10] {GeoArb} were the people who paid up
[11:10] {dino} gj bro
[11:11] {GeoArb} now I know why you like CME.... :0 bye
[11:14] {Threei} CAEI is above 1:1... I am tempted to get greedy on it though
[11:17] {Threei} 1:2... really feels like should spike over 7
[11:17] {Threei} decide for yourself though, stock is volatile
[11:17] {magoo} uggg..i can't .u decide for me
[11:18] {Threei} pressure pressure...
[11:20] {magoo} as marc antony said in HBO rome "what to do...what to do??"
[11:36] {Chaeron} good morning everyone
[11:37] {Threei} Chaeron :)
[11:37] {magoo} this is YOUR weekend bro :)
[11:37] {Chaeron} mice?
[11:37] {Chaeron} ooooops
[11:37] {Chaeron} mine?
[11:38] {magoo} sure......charBROIL lol
[11:39] {Chaeron} lol... mmmmmm bbq's.... nice on the CAEI... sorry I missed... save any others for me?
[11:42] {Threei} hmmm
[11:43] {Threei} every time NVDA dives to .50 I am very tempoted to reenter
[11:43] {Threei} but can't make up my mind
[11:46] {dino} feels lower
[11:56] {Threei} things got locked in a narrow range
[12:07] {Threei} maybe .49 deserves a short with .61 stop
[12:14] {esemde} CCCCCCHHHHHH baby!!!!
[12:14] {dino} gj
[12:14] {esemde} i'm still here watchin....biding my time with ESLR....looks like it's having a turnaround day here
[12:15] {esemde} still thinking about going long again around 9.60 levell
[12:17] {Chaeron} heya ese!
[12:18] {dino} :)
[12:18] {dino} sidetracked
[12:22] {Chaeron} where's Dave?
[12:24] {magoo} vegas
[12:24] {Chaeron} sigh
[12:24] {magoo} yeah that
[12:27] {Chaeron} DCC magoo?
[12:42] {esemde} Vad dcc please..
[12:44] {Threei} short day shaped up quite nicely
[12:44] {_Lisa_Jay} Yes.
[12:44] {Threei} NVDA, SQNM and CAEI... all gave profit
[12:44] {esemde} very nice...
[12:44] {magoo} yes sir
[12:44] {esemde} and i'm still stalking ESLR
[12:45] {magoo} hey vad, u see genesis is opening premkt 7 a.m now
[12:45] {Threei} yes
[12:45] {Threei} I don't care... I want my beasuty sleep
[12:46] {esemde} signing off all ....have a great long weekend...am off to the dentist
[12:46] {Threei} take care ese :)
[12:46] {Chaeron} bye ese
[12:47] {Threei} I have a feeling of sharp snapback to the upside coming next week
[12:47] {Threei} barring something drastic happening of course
06[12:48] * Threei slaps laserdave1 around a bit with a large trout
06[12:49] * Chaeron slaps laserdave1 around a bit with a large trout
06[12:49] * magoo slaps laserdave1 around a bit with a large trout
[12:50] {magoo} u usually have a good feel for that vad
[12:51] {Threei} will see on Monday :)
[12:51] {Threei} ok, I made up my mind on CAEI
[12:51] {Threei} half out, half hold over weekend
[12:51] {Threei} unless it goes over 7 today'
[12:58] {Threei} NVDA breaks down but too close to eod
[12:58] {Threei} if you lost track of time and took short, just cover for little scalp here
[12:59] {Threei} that goes for you chaeron
[12:59] {Threei} you tend to forget time :)
[13:00] {Threei} OK guys, thank you all
[13:00] {Threei} have a great relaxing long weekend,
[13:00] {dino} ok all, calling it a week. have a good holiday/long weekend
[13:00] {Threei} happy 4th of July to everyone
[13:00] {Threei} see you on Monday!
[13:00] {dptl} have a great weekend all Happy 4th of july :)
[13:01] {magoo} happy 4th everyone
[13:01] {fernp} have a happy weekend all
[13:02] {patience} happy 4th guys :)
[13:02] {_Lisa_Jay} Thanks Vad.
[08:30] {Threei} JUNE AVERAGE HOURLY EARNINGS M/M: 0.3% V 0.3%E; AVERAGE WEEKLY HOURS: 33.7 V 33.7E
[08:30] {Threei} JUN CHANGE IN NONFARM PAYROLLS: -62K V -60KE; CHANGE IN MANUFACTURING PAYROLLS: -33K V -30KE
[08:30] {Threei} - Prior April Nonfarm Payrolls revised Lower from - 49K to -62K
[08:30] {Threei} - Prior Manufacturing Payrolls revised Lower from -26K to -22K
[08:31] {Threei} INITIAL JOBLESS CLAIMS: 404K V 385KE; CONTINUING CLAIMS: 3.116M V 3.125ME
[08:31] {Threei} - Prior Initial Jobless Claims revised from 384K to 388K
[08:31] {Threei} - Prior Continuing Claims revised from 3.139M to 3.135M
[08:31] {Threei} JUN UNEMPLOYMENT RATE: 5.5% V 5.4%E
[08:32] {Threei} and ECB rate hike... I am scared even to look at oil
[08:33] {_Lisa_Jay} Good morning.
[08:33] {Threei} morning Lisa
[08:33] {Threei} 07/02/08 04:41pm [NVDA] Cuts Q2 sales forecast to $875-950M (had seen sales at about $1.09B) v $1.1Be, gross margin to be lower than expected, sees a $150-200M charge against revenuemore.. - Expects a $150-200M charge against cost of revenue to cover anticipated customer warranty, repair, return, replacement and other consequential costs and expenses arising from a weak die/packaging material set in certain versions of our previous generation MCP and GPU products used in notebook systems. - All newly manufactured products and all products currently shipping in volume have a different and more robust material set. - The previous generation MCP and GPU products that are impacted were included in a number of notebook products that were shipped and sold in significant quantities. - NVDA has developed and made available for download a software driver to cause the system fan to begin operation at the powering up of the system and reduce the thermal stress on these chips. It has also recommended that customers consider changing the thermal management of the MCP and GPU products in their notebook system designs. - Has begun discussions with supply chain regarding reimbursement to us for some or all of the costs we have incurred and may incur in the future relating to the weak material set. Company will also seek to access our insurance coverage.
[08:34] {Threei} flirts with -$5
[08:35] {Threei} a few downgrades for full measure
[08:42] {esemde} morning Vad
[08:43] {esemde} dreary day in the neighbourhood here.......sunny up your way?
[08:44] {Threei} hi ese
[08:44] {Threei} nope, overcast
[08:45] {Threei} what's the forecast for tomorrow?
[08:45] {esemde} was just going to look...be right with ya
[08:45] {cosmo} independance i think
[08:46] {esemde} rain..... 21C high 16C low
[08:47] {esemde} clear up by sunday
[08:47] {Threei} well... someone will have to hold umbrella over shishkebab :)
[08:47] {esemde} indeed.....
[08:47] {esemde} i will do that
[08:48] {cosmo} NVDA @ 13
[08:48] {Threei} that will warrant extra piece of meat
[08:48] {cosmo} fwiw
[08:48] {Threei} and what was this business with thunderstorm yesterday... first time I hear thunder on the island
[08:49] {patience} thunder and lightning through the night
[08:49] {Threei} had already my doubts it ever happens here
[08:49] {esemde} hmmmmmm...slept right through it...didn't here a thing
[08:50] {Threei} wow... good for you :)
[08:51] {esemde} been a busy year.......will take at least this month to get rested
[09:01] {fernp} gm
[09:01] {cosmo} NVDA holds 13 ...so far
[09:02] {Threei} fern :)
[09:02] {Threei} I am inclined to think it will hold
[09:02] {Threei} well, as much as I am inclined to think at all
[09:02] {esemde} fern
[09:02] {Threei} which is not much
[09:05] {Threei} NQ being up 10 points on all this wave of dreadful news is encouraging
[09:07] {dino} gm all
[09:07] {Threei} dino :)
[09:07] {esemde} thats the market for you.....
[09:07] {esemde} dino........you still loking at ESLR dino
[09:07] {esemde} "looking"
[09:08] {esemde} am gonna go long again when it gets to the 9}60 range
[09:09] {dino} i like spwr better, but not pushing today, closes at 1:00
[09:10] {dino} 9.60? its at 8.90 now
[09:12] {GeoArb} gm
[09:12] {Threei} geo :)
[09:12] {dino} steels going to bounce? got beat like a bad dog yesterday
[09:13] {esemde} what are you lookin at there...
[09:13] {esemde} anything in particular
[09:14] {Threei} quite likely, and , at least so far, it feels like violent snapback day
[09:14] {dino} schn, nue
[09:15] {judijim} good morning everyone
[09:15] {Threei} jj :)
[09:15] {esemde} tks dino
[09:15] {dino} jj
[09:15] {esemde} jj
[09:15] {Threei} let me throw CAEI in the mix
[09:15] {dino} schn crushed and beat by quite a bit on earnings day before
[09:15] {cosmo} CHDX
[09:15] {dino} x -22
[09:15] {cosmo} # Chindex International, Inc. Announces Receipt of Key Regulatory ApprovalsChina SFDA Certificates Received Include Intuitive Surgical daVinci SPR Newswire(Wed 7:43pm)
[09:16] {esemde} brutal down move in NUE also yesterday
[09:16] {esemde} 9 bucks approx......sheesh
[09:16] {magoo} ldtkjlhdtjlkgbjdrskfjslisrjli
[09:16] {dino} y
[09:17] {esemde} mags
[09:17] {Threei} I agree with most of what you said magooevski
[09:17] {Threei} excpet maybe for skfjsl part
[09:17] {esemde} cool hyroglithics......i think i understood that.....
[09:18] {esemde} ya i didn't get that part either
[09:19] {dptl} good morning all
[09:19] {esemde} dp....
[09:20] {dptl} so its a short day today?
[09:20] {esemde} all you neighbours to the south....what do you make of this possible GM bankrupcy?
[09:21] {esemde} yes short day dp...
[09:21] {esemde} done at 1:00pm i believe
[09:21] {esemde} eastern
[09:21] {Threei} dp :)
[09:21] {dptl} ty :)
[09:27] {Threei} NVDA lost 13
[09:27] {dino} its the only way to break the union and get the cutbacks they need
[09:28] {esemde} hmmmmmmm
[09:28] {esemde} not much substance to it dino?
[09:30] {dino} their costs are way too high, the can't fire people, and they are locked into labor contracts that make them build the wrong cars. its a mess.
[09:33] {Threei} NVDA, bounce time
[09:33] {Threei} .51 with .39 stop
[09:33] {magoo} in
[09:33] {magoo} .49
[09:34] {Threei} over 1:1 easy
[09:34] {Threei} 1:2
[09:34] {Threei} half out at least
[09:34] {Threei} 1:3
[09:34] {magoo} out .83TY boss
[09:34] {tomg} nice one vad, ty
[09:34] {Threei} 1:4, I am out
[09:35] {Threei} welcome guys
[09:35] {magoo} easy button worthy
[09:35] {Threei} NVDA is a tough one to trade latley, but heck, I don't believe it goes to zero
[09:35] {magoo} lets watch aapl for vbounce vad
[09:36] {kazaam} man, i look away from the chat for 1 minute and you guys are making money
[09:36] {Threei} sorry kaz
[09:37] {Threei} just alert us when you are going to look away next time, we will hold the call
[09:37] {kazaam} lol
[09:37] {Threei} mags, I would feel much more comfortable with AAPL closer to 168
[09:37] {magoo} ok
[09:38] {Threei} look at NVDA 1 min and daily,
[09:38] {Threei} just how tempting that was to jump on it around 13
[09:38] {Threei} a bit of patience, letting it come to us, capitulatory selling, and we got almost exact bottom
[09:39] {Threei} AAPL is much worse in this regard, getting in too early will cost much more
[09:40] {magoo} we need naz turn first on aapl
[09:42] {fernp} YHOO vad?
[09:43] {Threei} IMO{ leave that dog alone
[09:43] {fernp} ok
[09:44] {Threei} has too many fleas
[09:44] {fernp} yes :)
[09:46] {dino} zion
[09:47] {Threei} SQNM .81 long, stop under .70
[09:49] {dino} new lows dji
[09:55] {_Lisa_Jay} ISM number soon
[09:58] {Threei} NVDA is trying for bigger bounce
[09:58] {kazaam} dino, do you look at 30sec chart?
[09:58] {Threei} hard to find entry here
[09:58] {Threei} spiked a bit too vertically
[09:59] {Threei} to try a few times... get in here with stop under .90
[09:59] {Threei} but be willing to get stopped and try again
[10:00] {magoo} in
[10:00] {Threei} JUN ISM NON-MANUFACTURING COMPOSITE: 48.2 V 51.0E
[10:01] {Threei} Non-Mfg Prices Index: 49.9 v May 77.0
[10:01] {Threei} - Employment: 43.8 v May 48.7
[10:01] {Threei} - New Orders Index: 48.6 v May 53.6
[10:01] {Threei} - Prices Paid: 84.7 v 77 prior
[10:07] {Threei} SQNM 1:2
[10:13] {tomg} beauty sqnm vad, ty
[10:13] {Threei} :)
[10:14] {Threei} CAEI
[10:14] {Threei} long here IMO
[10:14] {Threei} stop under .50
[10:36] {magoo} 13 big resistance nvda vad
[10:36] {Threei} yup
[10:36] {magoo} man of few words
[10:36] {Threei} that's me
[10:38] {Roman} 21 long WB
[10:38] {Roman} 21 15.21
[10:38] {Roman} 21 small
[10:38] {Roman} 21 31
[11:07] {dino} schn sm l .50
[11:08] {GeoArb} done for the day.... have a good 4th guys
[11:09] {dino} u2 geo
[11:09] {dino} he's done, i just started
[11:09] {Threei} take care Geo, have a great one
[11:09] {magoo} u 2 geo
[11:09] {GeoArb} heheh dino
[11:10] {dino} :)
[11:10] {GeoArb} today was my one of the better days LEH DRYS V MEE
[11:10] {GeoArb} were the people who paid up
[11:10] {dino} gj bro
[11:11] {GeoArb} now I know why you like CME.... :0 bye
[11:14] {Threei} CAEI is above 1:1... I am tempted to get greedy on it though
[11:17] {Threei} 1:2... really feels like should spike over 7
[11:17] {Threei} decide for yourself though, stock is volatile
[11:17] {magoo} uggg..i can't .u decide for me
[11:18] {Threei} pressure pressure...
[11:20] {magoo} as marc antony said in HBO rome "what to do...what to do??"
[11:36] {Chaeron} good morning everyone
[11:37] {Threei} Chaeron :)
[11:37] {magoo} this is YOUR weekend bro :)
[11:37] {Chaeron} mice?
[11:37] {Chaeron} ooooops
[11:37] {Chaeron} mine?
[11:38] {magoo} sure......charBROIL lol
[11:39] {Chaeron} lol... mmmmmm bbq's.... nice on the CAEI... sorry I missed... save any others for me?
[11:42] {Threei} hmmm
[11:43] {Threei} every time NVDA dives to .50 I am very tempoted to reenter
[11:43] {Threei} but can't make up my mind
[11:46] {dino} feels lower
[11:56] {Threei} things got locked in a narrow range
[12:07] {Threei} maybe .49 deserves a short with .61 stop
[12:14] {esemde} CCCCCCHHHHHH baby!!!!
[12:14] {dino} gj
[12:14] {esemde} i'm still here watchin....biding my time with ESLR....looks like it's having a turnaround day here
[12:15] {esemde} still thinking about going long again around 9.60 levell
[12:17] {Chaeron} heya ese!
[12:18] {dino} :)
[12:18] {dino} sidetracked
[12:22] {Chaeron} where's Dave?
[12:24] {magoo} vegas
[12:24] {Chaeron} sigh
[12:24] {magoo} yeah that
[12:27] {Chaeron} DCC magoo?
[12:42] {esemde} Vad dcc please..
[12:44] {Threei} short day shaped up quite nicely
[12:44] {_Lisa_Jay} Yes.
[12:44] {Threei} NVDA, SQNM and CAEI... all gave profit
[12:44] {esemde} very nice...
[12:44] {magoo} yes sir
[12:44] {esemde} and i'm still stalking ESLR
[12:45] {magoo} hey vad, u see genesis is opening premkt 7 a.m now
[12:45] {Threei} yes
[12:45] {Threei} I don't care... I want my beasuty sleep
[12:46] {esemde} signing off all ....have a great long weekend...am off to the dentist
[12:46] {Threei} take care ese :)
[12:46] {Chaeron} bye ese
[12:47] {Threei} I have a feeling of sharp snapback to the upside coming next week
[12:47] {Threei} barring something drastic happening of course
06[12:48] * Threei slaps laserdave1 around a bit with a large trout
06[12:49] * Chaeron slaps laserdave1 around a bit with a large trout
06[12:49] * magoo slaps laserdave1 around a bit with a large trout
[12:50] {magoo} u usually have a good feel for that vad
[12:51] {Threei} will see on Monday :)
[12:51] {Threei} ok, I made up my mind on CAEI
[12:51] {Threei} half out, half hold over weekend
[12:51] {Threei} unless it goes over 7 today'
[12:58] {Threei} NVDA breaks down but too close to eod
[12:58] {Threei} if you lost track of time and took short, just cover for little scalp here
[12:59] {Threei} that goes for you chaeron
[12:59] {Threei} you tend to forget time :)
[13:00] {Threei} OK guys, thank you all
[13:00] {Threei} have a great relaxing long weekend,
[13:00] {dino} ok all, calling it a week. have a good holiday/long weekend
[13:00] {Threei} happy 4th of July to everyone
[13:00] {Threei} see you on Monday!
[13:00] {dptl} have a great weekend all Happy 4th of july :)
[13:01] {magoo} happy 4th everyone
[13:01] {fernp} have a happy weekend all
[13:02] {patience} happy 4th guys :)
[13:02] {_Lisa_Jay} Thanks Vad.
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