Aug 27 2008

Session Time: Wed Aug 27 00:00:00 2008

[07:50] {Threei} SOLF
[07:50] {Threei} REPORTS Q2 $0.23 V $0.22E, R $197.7 V $182.2ME
[07:50] {Threei} - Gross Margin 13.7% v 15.8% q/q sequentially
[07:51] {Threei} ROYL
[07:51] {Threei} INITIATES NATURAL GAS PRODUCTION IN DAKOTA FORMATION AT FIELD IN UTAH
[07:51] {Threei} - The new zone is a Dakota B sand that flowed dry natural gas at rates up to 2.0M cu ft per day from this interval. The well will be hooked up to the pipeline for immediate sales at 1.0M cu ft. per day.
[07:51] {Threei} - This is the second producing horizon in this well. The first zone completed was the Morrison Brushy Basin sand that is currently behind a temporary plug and will be added later.
[07:51] {Threei} - Additional potential in the Moon Canyon #2 well remains in the untested Mancos shale.
[08:13] {Threei} SOLF
[08:13] {Threei} SEES RELIEF IN Q4 AND ANTICIPATES IMPROVED GROSS MARGINS IN H2, "BUT PROBABLY NOT UNTIL Q4" - CONF CALL
[08:19] {Threei} (US) NJ Governor Corzine: The US should get rid of the hybrid structure of the GSEs and back them with taxpayer funds
[08:19] {Threei} - When asked about a possible government takeover of the two GSEs, Corzine said that Paulson may be forced to make that move.
[08:24] {Threei} FNM
[08:24] {Threei} PRICE TARGET LOWERED TO $5 FROM $9 AT MERRILL; MAINTAINS UNDERPERFORM RATING
[08:27] {Threei} PREVIEW: JULY DURABLE GOODS ORDERS AND DURABLES EX TRANSPORTATION DUE AT 8:30 AM
[08:27] {Threei} - Consensus expectations:
[08:27] {Threei} - Durable goods orders 0.0% v 0.8% prior
[08:27] {Threei} - Durables ex transportation -0.7%e v 2% prior
[08:30] {Threei} JULY DURABLE GOODS ORDERS: 1.3% V 0.0%E;
[08:30] {Threei} EX-TRANSPORTATION: 0.7% V -0.7%E
[08:30] {Threei} - prior Durables revised from 0.8% to 1.3%
[08:30] {Threei} - prior Ex Transportation revised from 2.0% to 2.4%
[08:45] {magoo} morn
[08:47] {Threei} morning mags
[08:48] {magoo} so solf headss south
[08:48] {Threei} margins are getting squeezed
[08:49] {peterg} gm
[08:49] {Threei} peter :)
[08:52] {Onix} Good morning all
[08:53] {Threei} Onix :)
[09:01] {fernp} Good morning all
[09:01] {Threei} fern :)
[09:01] {Threei} yesterday was the least volatility/volume since May
[09:02] {Threei} no wonder we had hard time trying not to snore
[09:03] {Threei} oil inventory numbers today at 10:35
[09:11] {esemde} good morning...Vad Raven Brian cos dino dp fern hawk jmb magoo onix patience peter tom and trader sam.....
[09:11] {Threei} morning ese
[09:11] {esemde} hows that for hellos
[09:11] {Threei} wow
[09:11] {dino} gm all
[09:12] {Threei} dino :)
[09:14] {dino} a mouthful es
[09:14] {dino} amr to seel
[09:16] {dptl} good morning all
[09:17] {dino} to sell that was, starting already
[09:17] {Threei} dp :)
[09:18] {patience} morning ese and the rest of RT :)
[09:18] {_traderSAM} gm :)
[09:18] {Threei} FNM finds bidders again
[09:19] {Threei} patience, tradersam :)
[09:19] {esemde} gm and welcome to the board trader sam
[09:19] {_traderSAM} thx
[09:19] {esemde} so SOLF beats kind of and gets swacked Vad...
[09:20] {tomg} gm all
[09:20] {Threei} tom :)
[09:20] {esemde} tom
[09:20] {tomg} hi ese
[09:20] {Threei} ese, margins are suffering for SOLF
[09:21] {esemde} ahhhhhh
[09:21] {Threei} scroll up, I posted couple items on it
[09:21] {GeoArb} gm
[09:22] {esemde} geo
[09:22] {Threei} Geo :)
[09:22] {Threei} UAUA got beaten nicely
[09:23] {esemde} dino.....would SOLF be something you'd go after
[09:25] {cosmo} SOLR pre mkt high = 13.30 fwiw
[09:25] {dino} not yet, would like to see 2.50 or more off
[09:26] {dino} ok, time for some alternative rock
[09:27] {esemde} is that a general rule you have
[09:27] {cosmo} fake granite?
[09:27] {Threei} lol'
[09:27] {cosmo} :)
[09:27] {esemde} for most stocks or does it depend on market cap etc etc
[09:28] {Threei} FED'S LOCKHART: HOUSING PRICES WILL CONTINUE DECLINING, PERHAPS 15% MORE, CONCERNED ABOUT 'IMPORTED' INFLATION - Q&A
[09:28] {Threei} - Notes that the policy differences between central banks can create an element of pressure between currencies, yet the policies of the Fed and ECB are both 'sound'
[09:28] {Threei} imported inflation?
[09:28] {Threei} I thought we exported it
[09:28] {dino} yes es, really need to see a few bucks
[09:29] {Onix} yes, are we not the King of Inflation"?
[09:29] {judijim} good morning all
[09:29] {Threei} jj :)
[09:29] {dino} salvation thru inflation
[09:29] {GeoArb} that would be zimbabwe
[09:30] {Threei}
Long Setup:
0,3 FNM 6.21
[09:30] {Threei} ugh, late
[09:30] {dino} lol
[09:31] {Threei} try to get pullback
[09:31] {Threei} 6.10 support for stop placement
[09:31] {dino} old gary north book
[09:34] {esemde} bstop short AMLN 23.49 1/2
[09:36] {dino} amr sm s .00
[09:36] {dino} stop hod
[09:36] {esemde} short AMLN covered .31
[09:37] {esemde} short .48 covered .31 +.17
[09:42] {Threei} watching RMBS for long entry
[09:42] {esemde} PTEN on pullback
[09:43] {esemde} around .30
[09:43] {dino} dltr
[09:43] {Threei} .85 long if stays above .75
[09:44] {Threei} invalidated
[09:49] {Threei} (FR) FRENCH PRES SARKOZY: RUSSIA NEEDS TO WITHDRAW TROOPS FROM THE GEORGIAN REGION IMMEDIATELY
[09:49] {Threei} Russia: uhhu
[09:49] {GeoArb} i am sure now they will
[09:50] {magoo} yeah, french opinion holds alot of weight
[09:50] {Threei} especially after their yesterday headline
[09:50] {GeoArb} please withdraw cuz i am fearfull?
[09:50] {Threei} 14:44] {Threei} (FR) FRANCE FOREIGN MIN KOUCHNER: WE FEAR WAR, DO NOT WANT ONE
[09:52] {peterg} i.e., don't make me hurt you
[09:52] {GeoArb} you mean dont make you hurt me?
[09:53] {Threei}
Long Setup:
0,3 CELL .51 if stays above .45
[09:53] {Threei} just a scalp
[09:53] {Threei} invalidated
[09:54] {peterg} also true
[09:54] {peterg} dgeo
[09:54] {peterg} geo
[09:55] {esemde} PTEN pullback to deep.....invalidated for me
[09:56] {Threei} RMBS was still worth it I guess
[09:56] {esemde} RMBS....waiting for pull back
[09:57] {esemde} if it goes through 18 Vad is should go a little
[09:57] {Threei} probably... serious resistance to break
[09:58] {Threei} in more determined market I would be all over such break
[09:58] {esemde} damn......missed it...didn't get the order in fast enough
[09:58] {Threei} don't chase
[09:58] {Threei} pullback or no play
[09:59] {esemde} indeed
[09:59] {Threei} CLNE
[09:59] {Threei} this thing looks seriously determined
[10:00] {esemde} i'll say
[10:01] {Threei} if you believe in Pickens... half lot long .25
[10:02] {Threei} stop under .10 or under 16, both are valid
[10:03] {dino} amr stopped .95 +.05 not moving
[10:03] {Onix} in CLNE @ .25
[10:03] {Threei} CSUN?
[10:04] {Threei} what's up with that dog
[10:04] {Threei} CLNE, I won't be surprised to see it at 17
[10:05] {Threei} volatility is a problem on it thouigh
[10:05] {Threei} can breathe hard as magoo says
[10:05] {magoo} ill stiop it
[10:05] {magoo} long .30
[10:05] {esemde} AMLN still heading down...gotta be gettingg close to your territory dino
[10:05] {Threei} lol
[10:05] {Threei} only combined power of you and chaeron can stop Pickens, magoo
[10:06] {magoo} oh..well hes not in yet..
[10:06] {Threei} that's your chance
[10:06] {magoo} my only hope
06[10:06] * Threei kicks CLNE in the rear... move fast while chaeron isn't here!
[10:07] {Threei} hey, that was a good kick
[10:07] {magoo} keep doing it
[10:07] {magoo} hurry..i hear chaer
[10:07] {dino} es, problem is deaths associated w/it, could just die itself
[10:07] {dptl} +.20 clne ty
[10:07] {Threei} dp :)
[10:07] {dino} hitting 2 year lows
[10:07] {dino} gj dp
[10:07] {esemde} gotcha.....
[10:08] {dino} lets find crazy moves w/no news
[10:08] {Threei} great spot on a short side ese
[10:08] {dino} patience my friend
[10:08] {Threei} AMLN that is
[10:09] {Threei} guys, CLNE is both good mover and hard breather
[10:09] {Threei} control your risk and manage the trade
[10:09] {Threei} partial out
[10:09] {Threei} protect half of profit
[10:09] {Threei} unless you are hard core scalper that is
[10:09] {Threei} then you are out here
[10:11] {Onix} ty Vad, got .24 on my 100 shares in CLNE
[10:12] {Threei} :)
[10:12] {Threei} got any leftovers?
[10:12] {peterg} learning limit orders, chased CLNE up & missed the ride. Sniff.
[10:13] {Threei} how do you route your limit entry?
[10:13] {Threei} at the offer price of the moment?
[10:13] {peterg} looks like island
[10:13] {Threei} right, I mean price
[10:14] {peterg} i hit a price on the level two chart; it appears in the limit price box
[10:14] {Threei} OK, adjust it a little bit:
[10:14] {peterg} i try to buy on the cheap
[10:14] {Threei} if your entry is .25
[10:14] {Threei} set a limit .27 - .28
[10:14] {Threei} and hit buy when .25 starts scrolling
[10:15] {Threei} this is a good comprmise between market order that could get you in too high
[10:15] {Threei} and too tight limit that can miss a play altogether
[10:15] {dino} chtt
[10:16] {GeoArb} or depending on your broker.... yo migh have a smartorder
[10:16] {dptl} and watch time and sales window peter:)
[10:16] {dino} sh 8t can't borrow
[10:16] {GeoArb} you can choose a 3 cent leeway
[10:16] {Threei} couple cents is usually immaterial
[10:16] {Threei} and if there are enough shares at your .25 you'll get it anyway
[10:16] {Threei} also,
[10:17] {Threei} make sure you have Route Out checked
[10:17] {Threei} this will garantee that your ISLD hits all others too
[10:17] {peterg} thks team
[10:18] {peterg} where is Route Out check pls?
[10:19] {Threei} right click on Level 2,
[10:19] {Threei} settings window will pop up,
[10:19] {peterg} got it
[10:19] {Threei} look in the right column, roughly middle section
[10:19] {Onix} NVDA Vad?
[10:19] {Threei} check all boxes
[10:20] {Threei} no idea Onix
[10:20] {Threei} NVDA ceased to be that perky player we knew and loved
[10:20] {peterg} isld/arca trac data des nyfs nte all checked thks
[10:20] {Onix} ok ty
[10:20] {Threei} don't forget to save layout also peter
[10:20] {Threei} or you will have to do it tomorrow again :)
[10:20] {peterg} rt tks
[10:21] {peterg} they were already checked
[10:21] {Threei} cool
[10:22] {esemde} missed entry CTXS
[10:22] {esemde} tryed for .65 didn't get it....
[10:24] {dino} cpla sm l .15 ave
[10:25] {dino} wynn sm l .49 wide wicked one
[10:26] {Threei} CLNE next leg
[10:27] {esemde} CPSL vad.....really looks good on the daily...you took this the other day if I recall correctly
[10:28] {Threei} pulled right back into support
[10:28] {Threei} held 5 yesterday and today
[10:28] {Onix} in CLNE @ .51
[10:29] {Threei} I guess can be qualified as pullback buy with stop under 5, but don't expect quick resolution from it
[10:29] {Threei} not likely to be a day trade
[10:29] {esemde} yup....am considering a swing trade on this one.....
[10:30] {esemde} CPSL.....classic swing trade
[10:35] {Threei} DOE CRUDE: -3.5M V +1ME;
[10:35] {Threei} GASOLINE: -1.2M V -2.ME;
[10:35] {Threei} DISTILLATES: +57K V +600KE; UTILIZATION: 87.3% V 85.9%E
[10:36] {dptl} was it that slow monday and tuesday too?
[10:36] {Threei} very
[10:36] {Threei} *API Inventory:
[10:36] {Threei} - Crude Inventories: -3.5M
[10:36] {Threei} - Gasoline: -2.1M
[10:36] {Threei} - Distillate: +730K
[10:38] {dptl} hmmm.....thinking to go for a nap:)
[10:38] {Threei} slacker
[10:38] {dptl} :)
[10:39] {Threei} stay here and suffer with us!
[10:39] {GeoArb} sheesh.....have a great day guys.... I might show up next week
[10:39] {Threei} sigh
[10:39] {dino} you done geo?
[10:39] {esemde} AAUK nu eye....and no come back agin....
[10:39] {GeoArb} actually negative....
[10:39] {GeoArb} loosing discipline
[10:39] {esemde} and ye no come back agin
[10:39] {GeoArb} might as well packup
[10:40] {GeoArb} thanks guys......
[10:40] {esemde} see ya geo
[10:40] {esemde} take care ...been there
[10:41] {dino} vsnt
[10:41] {dino} yake care geo
[10:42] {dino} sm l vsnt .23 gappy
[10:43] {dptl} sirf...slow..but something is up i think
[10:48] {esemde} looks like it's hit rock bottom dp
[10:49] {esemde} buy out candidate....
[10:49] {dptl} may be........but see...i started to think wich is not a good sign :)
[10:49] {Threei} lol
[10:50] {dptl} :) gonna go get some cofee
[10:50] {magoo} get me a cup please
[10:50] {Threei} and make sure it's Irish
[10:50] {dptl} right away sir:)
[10:51] {magoo} oh yeah
[10:51] {Threei} 'cause for magoo coffee is just an excuse
[10:51] {esemde} ouch.....
[10:52] {magoo} vad, remember when u and i were drinkin them in vegas
[10:52] {Threei} hmmm
[10:52] {Threei} my memory must be fading
[10:53] {Threei} (RU) RUSSIAN GOVT SPOKESPERSON: THERE IS CURRENTLY NO THREAT OF A NEW COLD WAR
[10:54] {dino} good, cause we only like the "hot" ones
[10:56] {dino} no sense of humor i see
[10:57] {esemde} L DTV .43
[10:57] {magoo} boone letting me down here
[10:58] {esemde} full lot....lots of liquidity
[10:58] {esemde} stop .30
[10:58] {Threei} you haven't exited any magoo?
[10:59] {magoo} nah..was waiting .74..it hit .62
[10:59] {Threei} come on...
[10:59] {magoo} what..thats valid exit
[10:59] {Threei} why not partial
[11:00] {magoo} only had /have half
[11:00] {magoo} no money in a partial
[11:05] {magoo} better than a stop i guess..sigh
[11:07] {Threei} that's what I thought
[11:11] {dino} cedc plunges again....hmmmmm
[11:15] {Threei} MOODY'S ANALYSTS DISCUSS FRE, FNM - CONF CALL
[11:15] {Threei} {FNM}
[11:17] {dino} cedc sm l .35, stop .97
[11:17] {Threei} FNM CAPITAL IS OVERLY EXPENSIVE
[11:18] {Threei} ese, look dcc please
[11:20] {Threei} FNM SELLING $150M 4.15% BONDS DUE 2011
[11:27] {dino} they need about 150 billion
[11:29] {Threei} if FRE/FNM capital is overly expensive - expect mortgage rates to go up
[11:29] {Threei} AMLN is bottomless
[11:32] {dino} cedcstopped
[11:34] {dino} wants 18 imo
[11:34] {dino} amln
[11:43] {Threei}
Long Setup:
0,3 FINL .80 trigger
[11:43] {Threei} .69 stop
[11:45] {dino} cme sm l .50
[11:46] {dino} v sm
[11:47] {Onix} in FINL @ .82
[11:49] {esemde} OUT DTV....-.07.....don't have time to finish watching it
[11:51] {Threei} time for violence I think...
06[11:51] * Threei kicks FINL in the rear with heavy duty army boots
[11:51] {dino} syno
[11:51] {Onix} wtg!
[11:52] {Threei}
Long Setup:
0,3 FNM .31 if stays above .25
[11:55] {dino} sort of bio blood day
[11:55] {Onix} in FNM @ .31
[11:58] {dptl} offering .94 finl
[11:59] {Threei} FUNL 1:1
[11:59] {Threei} FINL
[12:00] {dptl} out +.12 ty
[12:00] {Threei} :)
[12:00] {fernp} out here too. TY
[12:00] {Threei} welcome
[12:12] {Onix} got .16 in FINL ty Vad
[12:12] {Threei} :)
[12:12] {Threei} 11:29] {Threei} AMLN is bottomless
[12:13] {Threei} no kidding
[12:13] {magoo} i think dino called 18
[12:14] {Threei} quite possible
[12:15] {Threei} good to see even in this swamp we still find winning ones
[12:15] {Threei} but sheesh, this week is so dead
[12:15] {Threei} no wonder though
[12:15] {Threei} last week of august, before long weekend
[12:16] {magoo} remember when we were in vegas this week last year
[12:16] {Threei} we were?
[12:16] {dino} out wynn .88, +1.40
[12:17] {dptl} is that labor day coming?
[12:17] {Threei} you must have poured too much of that Stoly stuff mags... my memory is erazed
[12:17] {Threei} yes dp
[12:18] {Threei} believe it or not, NQ really looks like breaking out
[12:18] {dino} out cme +3.20
[12:18] {dptl} oh 1st monday...market closed?
[12:18] {Threei} yup
[12:19] {dino} no takers huh?
[12:19] {dino} breaking out? you should see magoo's face
[12:20] {dino} you guys are tough, no laughs, no gj's
[12:20] {dptl} coma..lol...gj Dino
[12:20] {Threei} it just takes us longer to digest dino
[12:20] {fernp} gj dino :)
[12:21] {dino} thx dp, fern. for a slow day two beauties
[12:21] {Onix} wtg dino!
[12:21] {dino} :)
[12:21] {Threei} dunno about magoo's face but NQ broke
[12:23] {magoo} shit forgot i still had clne
[12:23] {Threei} (RU) RUSSIAN AMBASSADOR TO EU: RUSSIA IS "TOO CIVILIZED" TO CUT OFF ENERGY SUPPLIES TO THE EU
[12:23] {Threei} - Notes that punitive steps by the EU against Russia would fail.
[12:24] {Threei} let's remember this 'too civilized"
[12:24] {Threei} my prediction is, come winter we will have a few occasions to return to this sentence
[12:25] {Onix} you expecting bigger trouble over there Vad?
[12:25] {Threei} can't see how they could be avoidable
[12:26] {dino} didn't they cut off gas to germany for a few days last year
[12:26] {dino} makes for a cold winter
[12:27] {Threei} and consider that pipes go via Ukraine
[12:27] {Threei} so it makes it easy to cut off gas to Ukraine, using real or fake price dispute
[12:27] {Threei} forcing Ukraine to start siphoning gas off those pipes
[12:27] {Threei} and making it a bad guy
[12:27] {dino} indeed
[12:28] {dino} may you live in interesting times
[12:28] {magoo} u should have stayed there..joined communist party..and aspired to be sec of treasurery
[12:29] {Threei} why am I not delighted by the perspective
06[12:32] * Threei slaps laserdave1 around a bit with a large trout
[12:35] {laserdave1} market on fire
06[12:35] * laserdave1 slaps Threei around a bit with a large trout
[12:35] {Threei} ummm
[12:35] {Threei} look at volume
06[12:35] * laserdave1 slaps magoo around a bit with a large trout
[12:36] {Threei} I'd say, it's on smoulder
[12:37] {dino} syno sm l .99, stop lod
[12:37] {peterg} Lower On Down?
[12:37] {Threei} just very low overall
[12:37] {dino} stop lod=low of day
[12:37] {peterg} tks
[12:37] {Threei} so "fire" is a bit too loud
[12:38] {Threei} smouldering is more like it
[12:38] {dino} don't ask again.........................lol
[12:40] {dino} because i don't trust this market, look what cme and wynn do
[12:41] {laserdave1} i looked up cme definition in dictionary
[12:42] {laserdave1} cme = nuts
[12:42] {dino} lol
[12:42] {laserdave1} 19 points off of bottom
[12:42] {dino} mine said f'ing nuts
[12:42] {laserdave1} haha
[12:42] {laserdave1} ya
[12:44] {dino} v sm ma l .40, wide
[12:49] {peterg} now .89?
[12:51] {dino} que?
[12:52] {peterg} is this MA at $235 and change per sh?
[12:52] {dino} y
[12:52] {peterg} k
[12:52] {dino} mastercard
[12:52] {peterg} ah
[12:52] {dino} i was on vaca, so it should move up
[12:53] {peterg} roger that
[12:53] {dino} can't get thru .90
[12:53] {dino} vsnt stopped -.33 at .90
[12:54] {dino} reverse slip, hmmm
[12:55] {peterg} dfghjikolt6r5e4drftyuioujytt53w123456qw
[12:55] {peterg} L;
[12:55] {peterg} SORRY cleaning keys
[12:56] {peterg} compulsive
[12:56] {peterg} should put my white gloves back on
[12:57] {dino} ok michael, and i suppose you sign too, :)
[12:57] {dino} i always thought there was something wrong w/jackson wearing one glove signing beat it
[12:58] {dino} singing
[12:58] {peterg} got it!
[12:59] {dino} gxdx
[13:04] {dino} ma stop to flat
[13:04] {dino} stopped
[13:15] {dino} hurn
[13:21] {peterg} ARBA?
[13:21] {peterg} spikey
[13:21] {peterg} up
[13:23] {peterg} and dn
[13:24] {dino} gxdx sm s .60, stop .01
[13:39] {Threei} if CLNE takes .40 again, most likely will turn into runner again
[13:40] {Threei} we exited FINL just right eh?
[13:42] {Threei} wake up you guys
[13:42] {magoo} here
[13:42] {Threei} on the other hand... what for
[13:42] {Threei} go back to sleep
[13:42] {magoo} good niht
[13:42] {Threei} but magoo
[13:42] {Threei} while you are here and awake
06[13:43] * Threei slaps magoo around a bit with a large trout
[13:44] {Threei} hey lars!
[13:44] {Threei} welcome back
[13:44] {Threei} how are you?
[13:45] {lars} worn out from reunion
[13:45] {lars} we tried to see if we still had it
[13:45] {lars} NOT
[13:45] {Threei} lol
[13:46] {lars} had fun trying though
[13:46] {Threei} and headache in the morning?
[13:47] {lars} consecutive daily headaches...lol
[13:47] {Threei} serial headache
[13:47] {Threei} nice
[13:47] {Threei} sharing a little secret:
[13:48] {Threei} if you had enough of hard liquor yesterday, start the day with a glass of water
[13:48] {Threei} it dilutes some of leftovers and tyou are drunk once again - FREE!
[13:48] {lars} lol
[13:48] {Threei} dp, don't run to the water tap that fast
[13:49] {dptl} hehe...i do it all the time.....it's like two for one thing
[13:49] {Threei} yup, I know it was nothing new for you
[13:49] {dptl} lol
[13:50] {magoo} st patrics day i drank so much green beer i was literally sweating green
[13:51] {dino} i'll tell you what the worst thing about the all-inclusive resorts is......i start drinking in the a.m.
[13:51] {magoo} like thats a bad thing
[13:51] {dino} magoo, you and belushi are the green men
[13:52] {dino} vad, this room has a problem, we were all falling asleep until lars brought up drinking
[13:52] {Threei} I fail to see how that is a problem
[13:52] {peterg} almost one pm in the midwest, time for a drink!
[13:53] {dino} lol, waiting until 4:00 pm eastern
[13:53] {lars} my sentiments exactly
[13:53] {peterg} ditto; in fact I finish day job at 5-sober til then
[13:53] {Onix} a bit late but in CLNE @ .41
[13:54] {Threei} stop under .30
[13:54] {Onix} ty
[13:57] {peterg} covered GXDX +.08 thks dino
[13:58] {dino} gj, what size?
[13:58] {peterg} embarrassingly sm 100
[13:58] {peterg} si 8 bucks less .50 commish
[13:58] {magoo} contra hour vad?
[13:58] {Threei} hmm?
[13:59] {magoo} 2-3 oposite hour
[13:59] {dino} ok, pete, fwiw, when i enter w/sm listed, means 300 shares looking for .40+. otherwise i'm not entering, or going larger w/o sm
[14:01] {dino} hurn feels one more spike and die
[14:01] {peterg} ok thnks
[14:02] {dino} just letting you know the 1:1 goal
[14:03] {peterg} risk/reward goal
[14:04] {dino} yes
[14:04] {dino} i trade smaller and wider. v.sm = 100-200
[14:04] {dino} and then wider still, see
[14:05] {dino} amln, why oh why did i not short it
[14:16] {dino} gxdx bstop to .51 stuck
[14:17] {dino} reverse slipped stopped .50, +.10
[14:17] {magoo} die market DDDDDDDDIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
[14:21] {Threei} {market} why do you hate me :(
[14:22] {Onix} UP market UP!
[14:22] {Onix} UP CLNE UP!
[14:28] {Threei} CPSL srats slowly working for ese
[14:29] {Threei} starts even
[14:32] {Threei} FRE
[14:32] {Threei} CONVENTIAL MORTGAGE PRICES FELL 0.4%, VALUES UP IN NEW ENGLAND AND SOUTH CENTRAL REGION OF US
[14:35] {dino} ipcm spike
[14:46] {dino} gxdx sm s .96 stop .32
[14:47] {judijim} bye everyone, be back tomorrow
[14:47] {dino} cya jj'
[14:47] {Threei} take care jj
[14:55] {Threei} CLNE half out .60
[14:55] {Threei} scalpers know what to do
[14:56] {dptl} ok....gonna go relax a bit..(sleeping at my station here)..have a good evening all:)
[14:56] {Threei} take care dp
[14:56] {Onix} CLNE half out @ .56 (16c)
[14:57] {Threei} move your behind CLNE, we have 17 to take
[14:57] {Threei} while we are young
[14:58] {dino} cya dp
[15:01] {dino} syno too hard tighten stop to .23, jumps around
[15:04] {Onix} ty Vad, i got .16c +.24c in CLNE
[15:05] {Threei} welcome sir
[15:05] {Threei} magoo wake up
[15:08] {dino} gj onix
[15:08] {dino} tighten syno to .27
[15:08] {Threei} dino... could you please put an elbow in magoo's side?
[15:08] {Threei} try to get between ribs
[15:09] {dino} stopped slip to .25, +.26
[15:10] {Threei} out CLNE .79
[15:10] {Threei} don't want to wait for 17
[15:10] {Onix} wtg!
[15:10] {Threei} maybe it pulls back for me
[15:10] {dino} cov gxdx .56, +.40
[15:11] {Threei} wtg dino
[15:11] {Threei} now wake up magoo, he forgot again he had CLNE
[15:11] {magoo} oh shit
[15:11] {dino} lol, and ty
[15:11] {magoo} lol
[15:12] {dino} lucky spike entry on gxdx short
[15:16] {dino} sm s ipcm .36
[15:18] {Threei} unexpectedly good day
[15:18] {Threei} albeit juust as boring as yesterday
[15:18] {dino} i concur
[15:19] {Threei} AMLN is probably one who doesn't... but we don't care
[15:31] {magoo} me tinks my death cry worxexd
[15:31] {magoo} jesus..dino just put a beer in friont of magoo
[15:31] {dino} sm sohu s .02, stop .32
[15:34] {Threei} he is cruel
[15:35] {magoo} indeed{hiccuop}
[15:35] {dino} i just took him a bud light
[15:38] {dino} ipcm bstop to .21
[15:40] {Threei} don't really intend to take any more trades, watching how CLNE finishes
[15:40] {dino} sohu not working, tighten to .22
[15:41] {Threei} if it drops low enough may get tempted to take overnight on it
[15:41] {dino} ipcm to .14
[15:42] {dino} stopped sohu .16 -.14
[15:43] {dino} ipcm to .11
[15:43] {dino} burning daylight
[15:44] {dino} stopped .12, +.24
[15:45] {dino} chrd drop
[15:50] {dino} ok, miller time, plus tee time in 50
[15:50] {dino} decent day. thx all
[15:50] {magoo} me too..ty all
[15:50] {Threei} take care guys
[15:51] {Threei} thank you all, have a good evening
[15:51] {Threei} see you tomorrow
[15:54] {peterg} bye guys--thanks for the help!
[15:56] {Onix} thanks for a profitable day Vad, until tomorrow then everybody

Aug 26 2008

Session Time: Tue Aug 26 00:00:00 2008
[08:01] {Threei} NVAX
[08:01] {Threei} ANNOUNCES FAVORABLE RESULTS FROM PHASE I/IIA PANDEMIC INFLUENZA VACCINE PROGRAM
[08:02] {Threei} 08/26/08 06:33am
[08:02] {Threei} (RU) Russia reportedly now halting visits by NATO officials as well as joint exercises for at least several months
[08:02] {Threei} - May halt peacekeeping cooperation with NATO for at least six months
[08:02] {Threei} - Russia notes it does not intend to stop cooperating with NATO in Afghanistan for now, but remains under review
[08:02] {Threei} - Russia cancels NATO chief's visit
[08:03] {Threei} 08/26/08 04:10am
[08:03] {Threei} Iran OPEC Governor: Market is not balanced, there is oversupply
[08:03] {Threei} * Note that comments are in line with prior comments
[08:03] {Threei} - Group members favor balanced market
[08:12] {Threei} 08/25/08 11:38pm
[08:12] {Threei} (US) Treasury Secretary Paulson: The proposed GSE rescue package will be used as a last resort, will be used to protect the taxpayer - NYT
[08:12] {Threei} - We will be dealing with the housing issue in one way or another for months, maybe years after he leaves office.
[08:12] {Threei} - The biggest part of the crisis will be largely over by year's end.
[08:15] {Threei} OIL PRICE OUTLOOK: THERE ARE THREE GOOD REASONS TO THINK THAT IT IS NOT YET TIME FOR AN OIL PRICE COLLAPSE - EDWARD HADAS AT BUSINESSSPECTATOR
[08:15] {Threei} - "First, demand is still strong. Despite high prices and slowing world growth, the IEA still expects a 1.1% increase in consumption in 2008."
[08:15] {Threei} - "Second, supply seems to be under the suppliers' control. The Saudis, who remain swing producers, have implied they will defend a triple-digit oil price. So far, it looks like they can."
[08:15] {Threei} - "Finally, money is available to pay the current high price. Real interest rates are still negative in most of the world. For most governments in developing countries, growth remains a higher priority than inflation-fighting. True, oil subsidies are slowly being cut. But the credit crunch hasn’t squeezed sufficiently tightly to close oil-buyers’ wallets."
[08:15] {Threei} - "Eventually, the oil price will fall back to, or below, the marginal cost of production, perhaps $50-70 a barrel. But probably not until money is a lot tighter and the global economy is in a lot more trouble.
[08:29] {Threei} FRE
[08:29] {Threei} REPORTS JULY ANNUALIZED GROWTH RATE +9.8%
[08:48] {Threei} SATC
[08:48] {Threei} ANNOUNCES SIGNIFICANT INTERNATIONAL GROWTH
[08:48] {Threei} - Will deliver 20MW of the company's industry leading 500 KW PowerGate Plus grid -tie commercial photovoltaic (PV) inverters as part of a new agreement with European utility Energy 21.
[08:48] {Threei} - CE Solar, the project development arm of Energy 21, will deliver and maintain the solar PV plants beginning in October 2008 with completion in spring 2009.
[08:50] {magoo} .srlfskkjhSR.,dsrjfsLKJ
[08:50] {Threei} lhkgodirntyksldh?
[08:58] {GeoArb} gm
[08:59] {Threei} Geo :)
[09:00] {Threei} *JUNE S&P_CASESHILLER COMPOSITE 20 INDEX Y/Y: -15.9% V -16.2%E; HOME PRICE INDEX: 167.69 V 167.2E
[09:03] {magoo} what u stalking vad?
[09:04] {Threei} usual suspects so far
[09:04] {Threei} scalped UAUA quickly
[09:05] {GeoArb} msnbc headline BREAKING NEWS: Index shows home prices dropped by sharpest rate ever in second quarter
[09:05] {tomg} good morning
[09:05] {Threei} tom :)
[09:05] {Threei} yeah Geo, that's my post above
[09:06] {fernp} Good morning
[09:06] {GeoArb} yeah i saw that....
[09:06] {GeoArb} msndc was more sensational :)
[09:07] {cosmo} MRVL might test 15 ...imho
[09:07] {Threei} fern, cosmo :)
[09:08] {cosmo} needs to hold 14.8...
[09:08] {Threei} 'cause they need to sell something, geo :)
[09:08] {cosmo} 3i:)
[09:08] {GeoArb} yup i love it
[09:08] {GeoArb} false sense of urgency in everything
[09:09] {cosmo} there's medication for that geo
[09:09] {cosmo} :)
[09:10] {Threei} reminds me a dialog from one of Russian favorites... Bulgakov, Dog's Heart
[09:10] {Threei} - Do not read Soviet newspapers at the breakfast
[09:10] {Threei} - But there are no others?
[09:11] {Threei} - So don't read any!
[09:11] {peterg} lol & good morning
[09:11] {Threei} peter :)
[09:12] {Threei} motivational quotes of the day
[09:12] {Threei} A pessimist is one who makes difficulties of his opportunities and an optimist is one who makes opportunities of his difficulties
[09:12] {Threei} one who names the author will NOT be slapped by magoo
[09:14] {pita} gm everyone
[09:14] {Threei} pita :)
[09:14] {peterg} mark twain?
[09:14] {Threei} nope
[09:15] {Onix} Good morning pilgrims
[09:15] {fernp} Mansell
[09:15] {Threei} onix :)
[09:15] {Threei} Harry S. Truman
[09:19] {dino} gm all
[09:19] {Threei} dino :)
[09:22] {dino} i prefer....if going thru hell, keep going
[09:22] {GeoArb} heh nice
[09:23] {GeoArb} how about... take care to get what you like
[09:23] {GeoArb} or youll have to like what youll get
[09:23] {magoo} anyway
[09:23] {dino} lol
06[09:23] * magoo slaps fernp around a bit with a large trout
[09:24] {Threei} lol
06[09:24] * magoo slaps peterg around a bit with a large trout
[09:24] {fernp} thanks. my FIRST time.
[09:24] {magoo} really
[09:24] {peterg} slapped after dumped!
[09:24] {Threei} rite of passage
[09:25] {dino} as st. paulie girl says, you never forget your first
[09:26] {peterg} cant find fish under commands
06[09:26] * GeoArb slaps peterg around a bit with a large trout
[09:26] {peterg} bullies! and me helpless!
[09:26] {Threei} right click on the nick peter... bottom line in dropdown menu
06[09:27] * Threei to the rescue
[09:27] {GeoArb} what a mentor vad
06[09:27] * magoo slaps Threei around a bit with a large trout
06[09:27] * peterg slaps GeoArb around a bit with a large trout
[09:27] {magoo} quit teavchingt these guys how
06[09:27] * peterg slaps GeoArb around a bit with a large trout
[09:28] {GeoArb} what did i do?
[09:28] {Threei} why... I like fish fight
06[09:28] * peterg slaps dptl around a bit with a large trout
06[09:28] * peterg slaps magoo around a bit with a large trout
[09:28] {peterg} sorry bad aim
[09:28] {GeoArb} yesterday was my 34th bdday
[09:28] {peterg} congdratulations
[09:28] {patience} Geo, you're a baby!
[09:28] {GeoArb} i realized there was nothing i really wwanted as a gift
[09:28] {magoo} happy bbay
[09:28] {Threei} happy birthday
[09:29] {GeoArb} :)
[09:29] {GeoArb} thnks
[09:29] {GeoArb} so i bought myself a wustof chef knife hehehe
[09:29] {GeoArb} (speaking of fish)
[09:30] {peterg} I want the japanesey one
[09:30] {GeoArb} ceramic?
[09:30] {GeoArb} santoku?
[09:30] {peterg} yep
[09:31] {GeoArb} nice oil drop for a second
[09:31] {cosmo} MRVL 15 test
[09:31] {cosmo} soon
[09:31] {Threei} anyone sees any news PARL?
[09:32] {Threei} watching ELN for pullback
[09:32] {fernp} Parlux Fragrances upgraded to Buy from Hold at Wedbush (6.65 ) -Update
[09:32] {Threei} ideally to 14.60
[09:32] {Threei} ty fern
[09:34] {Threei} doesn't want to drop much so far
[09:34] {Threei} 15 break maybe the way to go
[09:34] {Threei} too fast?\
[09:34] {Threei} back into 15
[09:35] {Threei} next cross of it is long if stays above .90
[09:35] {Threei} .89 stop
[09:36] {Onix} in ELN @ 14.94
[09:36] {Threei} no worky
[09:37] {Threei} hard to tell here
[09:37] {Threei} maybe just a shakoeout
[09:37] {Threei} maybe done
[09:41] {Threei} .81 second try
[09:41] {Threei} if stays above .70
[09:43] {Roman}
21 SOLF
[09:43] {Roman}
21 long 19.82
[09:46] {Threei} FNM .71 long
[09:46] {Threei} stop .59
[09:48] {Onix} in FNM .71
[09:49] {magoo} me too
[09:49] {Roman}
21 stopped SOLF
[09:49] {Roman}
21 -.30
[09:50] {Threei} FNM 1:1, half out
[09:50] {Threei} scalpers take profit
[09:51] {GeoArb} nice vad... care to comment on setup?
[09:51] {Threei} bounce after pullback
[09:51] {GeoArb} hehe
[09:51] {GeoArb} no fancy name?
[09:52] {Threei} hmmm
[09:52] {Threei} no :)
[09:52] {magoo} out .84 ty vad
[09:52] {Threei} welcome
[09:52] {GeoArb} out .87 thanks
[09:52] {Threei} :)
[09:52] {GeoArb} vds hook?
[09:53] {Onix} ty Vad .15 on FNM
[09:53] {Threei} onix :)
[09:54] {dino} sqmn
[09:56] {dino} sqnm
[09:56] {judijim} good morning all
[09:56] {Threei} jj :)
[09:58] {Threei} if anyone went for ELN - I've no idea what it's going to do here
[09:58] {magoo} i did
[09:59] {Threei} just take scalp and let's wait for better indication
[09:59] {Threei} FNM goes over 6 is feels
[10:00] {Threei} JULY NEW HOME SALES: 515 V 525KE
[10:00] {Threei} prior revised from 530K to 503K
[10:00] {Threei} - Median price $ v $230,900 m/m
[10:00] {Threei} - New Home Inventory at ## months v 10 months prior (11.4 months was recent high back in March).{XHB}
[10:00] {dino} coco
[10:00] {Threei} AUG CONSUMER CONFIDENCE: 56.9 V 53.0E
[10:01] {dino} coco sm l .50, stop .13
[10:01] {Threei} AUG RICHMOND FED MANUFACTURING INDEX: -16 V -10E
[10:02] {Threei} COIN
[10:02] {Threei} ANNOUNCES STRATEGIC ALLIANCE WITH GRO GROUP INC. TO SERVICE UP TO 15,000 U.S. NURSERIES, RETAILERS
[10:02] {GeoArb} news day today
[10:02] {Threei} JUNE HOUSE PRICE INDEX: 0.0% V -0.4%E; Q2 HOUSE PRICE INDEX Q/Q: % V -1.5%E
[10:04] {Threei} out FNM in full
[10:04] {tomg} ty vad, fnm
[10:04] {Threei} :)
[10:04] {GeoArb} sheesh vad
[10:05] {GeoArb} yo work for the IRS? squeezin every drop
[10:05] {Threei} lol
[10:05] {Threei} I is greedy
[10:05] {GeoArb} i exited on .87
[10:05] {dino} bwld
[10:06] {Threei} hmmm
[10:06] {Threei} still not done... wow
[10:07] {GeoArb} what a push
[10:07] {dino} sm l bwld .75, stop .43
[10:07] {Threei} lol... fingers reflex
[10:07] {Threei} shorted .18
[10:07] {Threei} covered .10
[10:07] {dino} sohu
[10:07] {Threei} faster than I could think what I was doing
[10:10] {dino} sohu sm l .80, risky wide
[10:11] {Threei} FRE new high
[10:12] {Threei} FNM is likely to follow
[10:14] {Threei} never broke .20... wierd, usually FNM is a stronger one in this pair
[10:15] {dino} coco stopped -.37
[10:17] {GeoArb} whats up with the coco breakdown?
[10:17] {GeoArb} ahh missed
[10:17] {GeoArb} earning
[10:20] {dino} bwld stopped -.32
[10:26] {Threei} USAO looks like drop is likely
[10:26] {Threei} UAUA is bounce candidate
[10:28] {Threei} waiting for a long bar USO for entry
[10:28] {Threei} actually, any direction will do
[10:28] {Threei} short on UAUA is just as good if USO spikes
[10:29] {GeoArb} pulled 8 cents
[10:29] {GeoArb} ty vad
[10:29] {Threei} :)
[10:29] {GeoArb} .65 .73
[10:30] {GeoArb} hmmm
[10:30] {GeoArb} premature %#%#%^@
[10:31] {GeoArb} i had a Q vad.....do you indulge in sector trading?
[10:32] {Threei} as in?
[10:32] {GeoArb} as in leading lagging sector etc?
[10:32] {GeoArb} will trade in that direction
[10:32] {GeoArb} etc
[10:32] {Threei} isn't it what do here on daily basis?
[10:32] {GeoArb} yes
[10:33] {GeoArb} but more classic....
[10:33] {dino} sohu stop to .20
[10:33] {GeoArb} as in.......keeping track of sectors etc...
[10:33] {Roman}
21 COIN
[10:33] {GeoArb} just wondering
[10:33] {dino} bwld big rinse
[10:33] {GeoArb} as i have a scan hehehehe
[10:33] {Threei} I am too lazy for that
[10:34] {Threei} but that's a valid way to do it
[10:34] {GeoArb} i took the sector index/etfs
[10:34] {GeoArb} and have a running up down scan
[10:34] {GeoArb} keeps me informed
[10:34] {Threei} UAUA next spike is coming I believe
[10:34] {Threei} so why don't you share
[10:34] {GeoArb} i do i do
[10:35] {GeoArb} was wondering if valid
[10:35] {Threei} :)
[10:35] {dino} out sohu .20, +.40
[10:36] {GeoArb} http://www.trade-ideas.com/View.php?O=600000000000000000C0003_3DD_0&WN=Sector+Explosive+Moves&SL=1
[10:36] {GeoArb} and just put the etfs interested in
[10:36] {GeoArb} real time sector indicator
[10:37] {Threei} ty, watching
[10:37] {Threei} oil dropped as told... UAUA spiked as told
[10:37] {GeoArb} you have to make a restricted list
[10:37] {Onix} in UAUA @ .87
[10:37] {Threei} I think scalp Onix
[10:38] {GeoArb} i only run that on $BKX.X
[10:38] {GeoArb} $OSX.X
[10:38] {GeoArb} $RLX.X
[10:38] {GeoArb} $XAL.X
[10:38] {GeoArb} $XOI.X
[10:38] {GeoArb} GLD
[10:38] {GeoArb} IDU
[10:38] {GeoArb} IHF
[10:38] {GeoArb} IYH
[10:38] {GeoArb} IYJ
[10:38] {GeoArb} IYM
[10:38] {GeoArb} IYT
[10:38] {GeoArb} IYW
[10:38] {GeoArb} IYZ
[10:38] {GeoArb} MOO
[10:38] {GeoArb} OIH
[10:38] {GeoArb} SLX
[10:38] {GeoArb} SMH
[10:38] {GeoArb} TAN
[10:38] {GeoArb} USO
[10:38] {GeoArb} XHB
[10:38] {GeoArb} XLE
[10:38] {GeoArb} XLF
[10:38] {GeoArb} XLP
[10:38] {GeoArb} XLY
[10:38] {GeoArb} oops
[10:38] {GeoArb} so real time sector up and down
[10:38] {GeoArb} a friend of mine shared it with me
[10:40] {dino} sm l cpla ave .90
[10:40] {Threei} I forgot how to make lists, lol
[10:41] {GeoArb} on the main window
[10:41] {GeoArb} tools symbol lists
[10:41] {Threei} yeah, remember now, ty
[10:44] {Threei} OK, works
[10:44] {Threei} now I have to remember what each symbol stands for... sigh
[10:44] {GeoArb} heheh
[10:44] {GeoArb} i type em in mm box many times
[10:47] {GeoArb} any use vad? IMO it keeps track of leading lagging sectors in real time...
[10:48] {Threei} gotta observe more
[10:49] {GeoArb} no trade setups just a sector heads up
[10:49] {dino} sm l hway .50
[10:49] {Threei} maybe need to limit amount of alerts to something more meaningful
[10:49] {Threei} not to see every tick
[10:49] {GeoArb} true
[10:49] {GeoArb} i would appreaciate the tweak
[10:53] {esemde} good morning....
[10:53] {Threei} ese :)
[11:00] {Threei} FNM break
[11:01] {magoo} chasing here?
[11:01] {Threei} hard to tell... I'd prefer pullback entry
[11:01] {Threei} but it's not very readable
[11:04] {dino} sm l ctcm
[11:04] {dino} .50
[11:08] {GeoArb} all scanners frozen
[11:10] {Threei} except BUDU
[11:10] {Threei} broke down with volume
[11:11] {Threei} BIDU, sorry
[11:13] {magoo} u got a read on it?
[11:13] {Threei} nah
[11:14] {GeoArb} i dont like trading anything over 150..... even 100 shares kill me
[11:17] {tomg} any read on TIE vad?
[11:17] {tomg} i'm in from .50
[11:17] {Threei} I would take profit and be happy
[11:17] {tomg} out, ty
[11:17] {Threei} good job
[11:17] {tomg} :)
[11:26] {dino} gj
[11:28] {tomg} ty dino,
[11:29] {dino} cpla stop to .27
[11:30] {dino} out cpla slip, ave .25, +.30
[11:30] {tomg} tie looking good again
[11:32] {tomg} .80 resistance
[11:32] {dino} dakt pullback
[11:39] {dino} dakt sm l .80
[11:40] {Onix} ty tomg, i got 11c in TIE
[11:40] {tomg} yw Onix
[11:40] {tomg} wtg :)
[11:42] {dino} gj guys
[11:43] {tomg} ty, where stop dakt?
[11:44] {dino} .57
[11:44] {tomg} ty
[11:45] {dino} sm l sohu wide .10
[11:45] {dino} looking for a buck on dakt
[11:46] {dino} bwld sm l .25, stop lod
[11:54] {dino} safm
[11:55] {Threei} UAUA is a scalp candidate here
[11:55] {Threei} not expectng much
[11:55] {Threei} kind of 5-10 cents
[11:56] {dino} dakt should not have pulled like that, go to scalp mode
[11:58] {GeoArb} scalp long i hope?
[11:58] {Threei} yes :)
[11:58] {dino} axys rockin'
[11:58] {GeoArb} I entered break of 75
[11:59] {Threei} it was at .71 at the moment
[11:59] {Threei} loss of 93.50 needed on USO
[11:59] {GeoArb} i looked at previous high
[12:02] {Threei} here we go USO
[12:02] {magoo} l uaua .72
[12:07] {dino} bwld stop to .54
[12:07] {Threei} swamp... nothing definite
[12:08] {magoo} oh contrare monfrare
[12:09] {magoo} a power up forthcomith
[12:09] {GeoArb} how how how?
[12:09] {GeoArb} (do you know)
[12:11] {GeoArb} uh oh
[12:11] {GeoArb} chart not looking good
[12:11] {Threei} nope
[12:11] {dino} out bwld .55 +.30
[12:14] {dino} fmcn, ilmn
[12:15] {GeoArb} stop vad?
[12:15] {Threei} just get out
[12:15] {Threei} not working
[12:15] {GeoArb} sniff
[12:16] {Threei} and if losing .60, it's nothing but short
[12:16] {GeoArb} boobhooohooo
[12:18] {GeoArb} do i see a bounce?
[12:18] {GeoArb} with oil poised to fall?
[12:18] {Threei} quite pathitic attempt at bounce
[12:18] {Threei} relation is nowhere that strong as it used to be
[12:19] {dino} stopped dakt, sorry guys
[12:19] {tomg} np dino
[12:20] {magoo} [12:09] {magoo} oh contrare monfrare
[12:20] {magoo} [12:09] {magoo} a power up forthcomith
[12:23] {GeoArb} glad i am out...... my entry sucked
[12:28] {dino} dakt gap fill
[12:28] {dino} bwld sm l .20
[12:28] {GeoArb} phew
[12:29] {dino} stoped hway flat
[12:36] {Threei} just a few days of august left
[12:37] {Threei} then things will start picking up gradually
[12:38] {tomg} so, you're saying it's safe to go to lunch? :)
[12:39] {Threei} hmmm... lunch till Septmeber? it can't be good for one's waist
[12:39] {tomg} :)
[12:39] {tomg} ppc dino?
[12:39] {dino} go to lunch? at the desk buddy
[12:39] {tomg} your style?
[12:39] {dino} bean burrito today
[12:40] {tomg} PPC bouncing
06[12:40] * Threei pictures magoo wearing gas mask
[12:40] {dino} lol
[12:40] {dino} i was thinking my wife, but....
[12:45] {magoo} well..id say powerup but this is riiculousu
[12:46] {Threei} it's a meaningless wadnering back and forth
[12:46] {Threei} no rhyme, no reason
[12:47] {dino} hickory dickory dock
[13:03] {peterg} was that a satanic curse?
[13:05] {Threei} RIMM
[13:05] {Threei} .50 break long
[13:05] {Threei} if stays above .30
[13:07] {magoo} THERE U GO
[13:09] {Threei} (RU) UN RUSSIA ENVOY: RUSSIA IS NOT PLANNING TO ANNEX ABKHAZIA OR OSSETIA
[13:09] {Threei} - separately, in a BBC interview, Russian President Medvedev accuses the US of shipping arms to Georgia.
[13:09] {Threei} - Russia Pres Medvedev notes Europe can have even worse relations if it wants.
[13:09] {Threei} sigh
[13:12] {Threei} RIMM at 1:1, I am aiming at 1:2
[13:12] {Threei} offering .93
[13:12] {magoo} .9299
[13:13] {Threei} .9298
[13:13] {magoo} 9297
06[13:13] * Threei slaps magoo around a bit with a large trout
06[13:13] * magoo slaps Threei around a bit with a large trout
[13:13] {GeoArb} sheesh
[13:14] {Threei} reciprocation is the name of the game
[13:14] {GeoArb} i cant make money and type at same time
[13:15] {GeoArb} i just did :)
[13:15] {Threei} lol
[13:15] {GeoArb} so i am curious
[13:15] {Threei} practice makes it perfect
[13:15] {GeoArb} do you guys go half lot as this is rimm?
[13:15] {GeoArb} compared to UAUA?
[13:16] {Threei} half lot or less
[13:16] {Threei} but UAUA I often do double
[13:16] {GeoArb} yeah
[13:16] {GeoArb} thats what i did
[13:16] {GeoArb} nt the double though
[13:16] {GeoArb} not
[13:16] {GeoArb} you suck up all the liquidity
[13:16] {magoo} 300-500 shares here rimm..aapl
[13:16] {GeoArb} oops
[13:16] {GeoArb} i was in 800
[13:16] {Threei} market weakens
[13:17] {GeoArb} banked 600 on 1:1 though
[13:17] {GeoArb} was late entry at .52
[13:18] {Threei} RIMM holding rather well
[13:18] {GeoArb} yeah
[13:21] {Threei} pssst RIMM... that's me at .9296
[13:21] {magoo} wjheresyour exit vad?
[13:21] {Threei} not telling you
[13:21] {Threei} you'll undercut me again
[13:25] {magoo} vad, would u say corellation isd weakening between uyso and uaua?
[13:31] {Threei} I said it a few times
[13:32] {GeoArb} wo......
[13:32] {GeoArb} testy
[13:32] {GeoArb} summer blues
[13:32] {GeoArb} (no fish)
[13:32] {Threei} WHITE HOUSE: US PRESIDENT BUSH WILL RELEASE STATEMENT REGARDING THE CONFLICT IN GEORGIA LATER TODAY
[13:32] {Threei} - Notes that Russia is making several irrational decisions such as recognizing Georgian rebel regions which raises serious questions on Russia's ability to keep its commitments.
[13:32] {Threei} - White House also refuting allegations from the Russian president that the US is providing arms to Georgia
[13:33] {GeoArb} quick question about routing
[13:33] {GeoArb} whats diff between ISLD ARCA INCA NSDQ?
[13:33] {GeoArb} i got memo that all ISLD will be replaced by NSDQ
[13:33] {magoo} letters
[13:33] {GeoArb} hmmmm
[13:33] {dino} ctcm stopped -.21
[13:33] {GeoArb} :)
[13:34] {GeoArb} something to do with nasdaq insisting on internal routing
[13:34] {Threei} bounce time
[13:36] {GeoArb} no mas?
[13:47] {GeoArb} rimm leading NQ?
[13:48] {Threei} following IMO
[13:48] {GeoArb} ok
[13:48] {GeoArb} so i checked memos
[13:48] {GeoArb} seems isld is being retired
[13:48] {Threei} it merged with INET, no?
[13:48] {magoo} cvorrcty
[13:49] {magoo} WOWQ
[13:49] {magoo} WOW
[13:49] {Threei} lol
[13:49] {magoo} correct
[13:49] {GeoArb} the new code i am being asked to use isnt even INET or INCA but NSDQ
[13:49] {GeoArb} plain old nasdaq
[13:49] {Threei} one more leg down is coming it seems
[13:50] {GeoArb} you short vad?
[13:50] {Threei} UAUA, just for a scalp
[13:50] {GeoArb} ok
[13:50] {Threei} covering here
[13:50] {GeoArb} nice downtrend in last hour
[13:52] {dino} sm l ilmn .65, stop .33
[13:55] {Threei} Reminder, later this afternoon the FOMC minutes will be released
[13:55] {Threei} 5 minutes
[14:00] {esemde} I'm outta here....didn't get a chance to really watch today.....one radio and one TV interview already today....Vad my Rhythm and Blues Band The Midnights are playing in the inner harbour Monday...maybe see you there
[14:00] {Threei} what time ese?
[14:01] {esemde} 4:30 time slot.....
[14:01] {Threei} gotta be at dinner at 6...
[14:01] {Threei} will probably miss your performance :(
[14:01] {Threei} *MINUTES OF AUG FOMC MEETING: GENERALLY SAY NEXT MOVE WAS AN INCREASE IN RATES, VOICED CONCERNA BOUT SLOWINER CONSUMER, CONCERNED INFLATION WOULD NOT RECEDE INTO 2009
[14:01] {Threei} - Say markets are fragile, raising capital dificult for banks
[14:01] {Threei} - Divided over inflation risks rising or falling
[14:02] {Threei} - Sees pressure remaining on GSEs, investors less worried
[14:02] {Threei} - Noted that exports caused a big stimulus, but are seen as possibly waning in the future
[14:03] {Threei} - Staff LoweredGDP forecast in 2H08 and 2009
[14:18] {dino} ilmn stopped
[14:19] {Threei} 3PM FDIC Q2 "PROBLEM INSTITUTIONS" REPORT: 117 OF BANKS ARE TROUBLED, UP FROM 90 IN Q1; $78.3B IN ASSETS LISTED - CNBC
[14:19] {Threei} - note: As of March 31st (Q1), 90 troubled banks were on the report, up from 76 in Q4 2007.{XLF}
[14:19] {dino} fmcn sm l .36
[14:30] {Threei} I guess I picked a wrong week for vacation
[14:30] {Threei} this one would be more appropriate
[14:31] {magoo} really
[14:32] {magoo} nothin f'n works
[14:32] {dino} very small cme l .70
[14:34] {Threei} you watched UAUA just now
[14:34] {Threei} ?
[14:35] {Threei} that was something
[14:39] {magoo} mark your notes vad thois is THE week to plan trading room cruise
[14:39] {magoo} or vegas
[14:39] {Threei} well, funny thing is,
[14:39] {Threei} when August is dead as usually,
[14:40] {Threei} this last week is when things started slowly picking up in the past
[14:40] {Threei} as traders started positioning for actvity increase
[14:40] {Threei} so I though beginning of August would be better idea
[14:40] {Threei} but this year everything is wierd :)
[14:42] {Threei} overall, I guess we can't complain
[14:43] {GeoArb} i have a friends who trades prop
[14:43] {Threei} we got one dead week for whole summer
[14:43] {GeoArb} he said top 2 traders on vacation this week
[14:43] {Threei} good timing
[14:43] {GeoArb} the third one decided to go on vacation today !!!!
[14:43] {GeoArb} after watching first half
[14:43] {GeoArb} lol
[14:43] {dino} i was a week early
[14:44] {Threei} (FR) FRANCE FOREIGN MIN KOUCHNER: WE FEAR WAR, DO NOT WANT ONE
[14:44] {Threei} what kind of comment is that?
[14:45] {Threei} (US) US PRES BUSH CONDEMNS RUSSIA'S DECISION TO RECOGNIZE GEORGIAN REBEL REGIONS AS INDEPENDENT
[14:45] {Threei} - Pres Bush notes Abkhazia and South Ossetia belong to Georgia and must continue as part of Georgia
[14:45] {Threei} - Also says Russia's irresponsible moves on Georgia must be reversed
[14:51] {Threei} EWW is ETF of what?
[14:51] {Threei} I mean... how can you not short such name?
[14:52] {Threei} reminds me of a stock I shorted once just because of company name, it was SouthDown
[14:54] {Threei} Mexico Index Fund
[14:55] {GeoArb} well that is south down
[14:55] {Threei} lol
[15:06] {judijim} done for the day, take care, be back tomorrow
[15:06] {Threei} take care jj
[15:08] {dino} cya jj
[15:12] {dino} fmcn stop to .49
[15:20] {dino} to .66
[15:20] {dino} to .74
[15:23] {dino} out fmcn .78 +.43
[15:23] {dino} .42
[15:25] {Threei} CLNE?
[15:26] {GeoArb} buy sel?
[15:26] {GeoArb} comon comeon
[15:26] {GeoArb} (finally something)
[15:26] {Threei} do you believe in Pikkens?
[15:26] {Threei} Pickens
[15:26] {Threei} whatever
[15:26] {GeoArb} heheh
[15:26] {GeoArb} was googling
[15:26] {dino} clne, pelosi invested, cramer pushing
[15:27] {dino} lgn stations for cars
[15:27] {Threei} it's his company, right?
[15:27] {GeoArb} i thinkk so
[15:27] {GeoArb} but i though going against exxon was unamerican
[15:27] {dino} bwld stopped -.35
[15:29] {GeoArb} http://www.pickensplan.com/news/
[15:30] {dino} ouch ilmn
[15:30] {dino} think cedc is dieing on the russia issue
[15:39] {GeoArb} man my fingers are hurting from all the trading
[15:39] {Threei} lol
[15:40] {GeoArb} or is it from twiddling my thumbs?
[15:41] {Threei} mine go numb from holding eyelids open
[15:42] {Threei} I need to start using scotch tape for that
[15:43] {Threei} I can't make up my mind dino
[15:44] {dino} w/what tape or thumbs?
[15:44] {Threei} CEDC
[15:44] {Threei} on one hand, yeah, being located in Poland... not a very good thing considering the circumstances
[15:44] {GeoArb} lots of sabre rattling
[15:44] {Threei} on another, their product is bound to gain a lot of popularity in cae f tensions increase
[15:44] {dino} oh, yeah, i think that is the issue, major exporter
[15:45] {GeoArb} they just want respect (and control of former vassals)
[15:45] {dino} i was waiting at 56
[15:45] {dino} overthought it
[15:48] {dino} sohu stop to .19
[15:49] {dino} make it .32
[15:50] {dino} out .28 slip, +.18
[15:50] {dino} well, that sucked
[15:54] {Threei} ok guys, let's end the torture
[15:54] {Threei} thank you all, have a good evening
[15:54] {Threei} see you tomorrow
[15:54] {GeoArb} thanks va
[15:54] {GeoArb} d
[15:55] {Threei} oh btw
[15:55] {Threei} tomorrow beofre open SOLF earnings
[15:55] {Threei} could be interesting
[15:55] {dino} gn vad
[15:55] {peterg} okdoky thks bye all

Aug 25 2008

Session Start: Mon Aug 25 02:52:12 2008

[08:15] {Threei} Financials: According to Heard on the Street some US investment bankers are bearish on the second half of 2008 - WSJ
[08:15] {Threei} - There are some concerns among bankers that the outlook has deteriorated further. The focus for investors remains on the damage caused by mortgage-backed securities, but investors are also looking at other areas such as commercial real estate and higher-grade residential mortgages.
[08:15] {Threei} - The article adds that continued credit-market weakness is likely to force further write-downs in Q3.
[08:16] {Threei} - WSJ believes that Lehman and Merrill are the most vulnerable to an industry slowdown.
[08:16] {Threei} - Consolidation in the investment banking sector could leave the industry with about six major full-service players.
[08:16] {Threei} - With respect to Fannie Mae and Freddie Mac, the WSJ notes that Freddie Macs preferred shares already trade at less than half of their issue price and that suggests no preferential treatment if the government ends up bailing out the mortgage GSEs.
[08:18] {Threei} KUWAIT OIL OFFICIAL SAYS PUMPING AT 2.53M BPD, HAS SPARE CAPACITY OF 200K BPD, ON TRACK TO INCREASE H1 2009 CAPACITY BY +20% TO 3M BPD
[08:18] {Threei} - Currently awaiting final approval from China for new 300K bpd refinery
[08:18] {Threei} - Expects to sign new contracts with oil majors by the end of 2008{USO UNG}
[08:19] {Threei} 03:17am [LDK] Reaches 1.0 GW wafer production capacity, Guides FY09 Rev $2.8-3.0B v $2.43B
[08:48] {Threei} REPORTEDLY NAWAZ SHARIF'S PARTY HAS PULLED OUT OF PAKISTAN'S RULING COALITION - UNCONFIRMED REPORT
[08:48] {Threei} - Note that overnight, the WSJ reported Pakistan's governing coalition is on the verge of collapse.{GLD}
[08:52] {Onix} Good morning RT
[08:52] {Threei} Good morning
[08:53] {Threei} USO is spiking
[08:53] {Threei} maybe little short UAUA
[08:54] {Threei} UPDATE: REPORTEDLY IMF NOTES PREPARED FOR A G20 MEETING CUT 2008 EURO ZONE GROWTH FORECAST TO 1.4% FROM 1.7%, AND 2009 FORECAST TO 0.9% FROM 1.2% -- UNCONFIRMED REPORT
[08:54] {Threei} - also trims 2008 world growth forecast to 3.9% from 4.1%, and 2009 to 3.7% from 3.9%
[09:02] {GeoArb} gm
[09:02] {Threei} morning Geo
[09:06] {Threei} LEH looks unhealthy
[09:06] {Threei} (again)
[09:07] {Threei} 08/24/08 06:13pm
[09:07] {Threei} [LEH] Lehman Brothers Holdings Inc Summary: The latest on the potential Lehman/Korea Development Bank deal
[09:07] {Threei} - The London Times reports that the Korea Development Bank (KDB) has refused to rule out bidding for Lehman Brothers, but has hinted that any approach would not be imminent. In an interview over the weekend, KDB sought to play down an earlier statement in which it had said that it was open to an approach on the bank. "We are just at an early stage of privatization, and we are weak at investment banking by international standards. In the long term, we should strengthen that weakness," said a representative of KDB.
[09:07] {esemde} morning
[09:08] {Threei} ese :)
[09:08] {esemde} how the mighty fall.....
[09:08] {Threei} with thunder?
[09:10] {Threei} oh wake up.... this is my first attempt at humor, I need little encouragement on Monday morning
[09:10] {Threei} eyelids are too heavy
[09:11] {Onix} they fell ... "splat!"
[09:12] {Threei} like USO
[09:13] {Threei} watching UAUA reaction
[09:13] {Threei} working assumption so far is,
[09:13] {Onix} CNBC talking about second wave of credit crunch
[09:13] {Threei} uncoupling between USO and UAUA started, with negative bias for UAUA
[09:13] {Threei} we saw lat week how it weakened despite USO drop
[09:14] {Threei} so either it starts traading on its own and we have no leading indicator for it anymore,
[09:14] {Threei} or it drops with USO strength while not really goes up with USO weakness
[09:15] {Threei} Third option is, that day was a fluke, and corellation is intact
[09:15] {Threei} will see
[09:16] {dino} gm all
[09:16] {Threei} dino :)
[09:17] {magoo} morn
[09:17] {Threei} magoo :)
[09:17] {Threei} slacker
[09:17] {Threei} people were looking desperately for you on Friday
[09:18] {Threei} wanted to slap someone with a trout
[09:18] {Threei} and you were not here
[09:18] {Threei} (hint: you made laserdave miserable)
[09:18] {fernp} Good morning all
[09:18] {Threei} fern :)
[09:19] {Threei} ISCan users, everyone got e-mail over weekend?
[09:21] {peterg} gm all; yes to email
[09:21] {Threei} peter :)
[09:22] {Threei} as much as premarket chart can be trusted, LEH is short under .64 with stop above .80
[09:22] {Threei} opening tends to be supervolastile for it
[09:24] {cosmo} GILT seems to hold 7.50 ..so far fwiw
[09:25] {magoo} what, laser was getting magoos share of slaps?he he
[09:25] {Threei} oh, he has enough on his own... he just didn't have you to reciprocate
[09:25] {magoo} ahhhhhhhhh
[09:26] {Onix} yes thanks, got iscan email
[09:26] {Threei} :)
[09:27] {Threei} FNM, 4.50 breakdown is tempting short
[09:27] {Threei} maybe good idea to skip first minutes and let market exhaust it's opening volatility
[09:28] {Threei} hard to tell... dying days of August
[09:28] {GeoArb} anyone in LEH?
[09:28] {cosmo} dying?
[09:29] {Threei} if you are in, keep stop above .80 religiously and look for fast spike down to cover, Geo
[09:30] {judijim} good morning all
[09:30] {Threei} jj :)
[09:31] {magoo} vad, u watching LDK?
[09:32] {dino} hway
[09:32] {Threei} yes mags but not to play it itself,
[09:32] {Threei} rather as leading indicator for SOLF
[09:33] {GeoArb} uaua oil seems intact
[09:33] {magoo} well solf looking to bounce
[09:33] {Threei} SOLF sold off sharply
[09:33] {Threei} looks attractive
[09:33] {Threei} tough to time it yet
[09:33] {Threei} .50 breakl
[09:33] {Threei} stop under .30
[09:33] {magoo} .49
[09:34] {GeoArb} wow fast and big spread
[09:34] {Threei} feel free to take profit
[09:35] {magoo} out .74 TY
[09:35] {Threei} morning warm-up
[09:35] {GeoArb} magoo curious? you bid or lifted offeR?
[09:35] {magoo} yeah, my entry was slow
[09:35] {magoo} lol
[09:36] {magoo} i just saw it moving , momo coming in and took .49 offer
[09:37] {magoo} when i wanyt in i want in
[09:37] {magoo} ill talke offer
[09:37] {GeoArb} ok lifted offer... really quick magoo :)
[09:37] {Threei}
Long Setup:
0,3 CPSL .15 trigger if stays above 5
[09:37] {magoo} all day trade vasd?
[09:37] {Threei} yes
[09:37] {magoo} ugg
[09:38] {magoo} solf just then stretched my time allotment
[09:40] {Threei} what's with MITI?
[09:40] {esemde} long NVDA again .44
[09:41] {dino} hway sm l .40
[09:42] {Threei} solars are strong
[09:43] {esemde} very
[09:43] {magoo} but FSLR down
[09:43] {dino} spwr too
[09:43] {esemde} my entire screen is green
[09:44] {Threei}
3,0 Attention: CPSL 1:1, half out, stop for the balance to 5.09; scalpers take profit
[09:45] {magoo} dammit, that WAS NOT all day
[09:45] {Threei} sorry
[09:45] {fernp} out. TY Vad
[09:45] {GeoArb} nice vad
[09:45] {Threei} welcome
[09:45] {GeoArb} erase my LEH fat finger
[09:46] {Onix} out CPSL for 17c thanks Vad
[09:46] {Threei} want to see if .32 bid is real
[09:46] {Threei} hmm... it is
[09:46] {esemde} gj onix
[09:46] {Threei} onix :)
[09:46] {GeoArb} looks real
[09:46] {GeoArb} counting dwon
[09:49] {Threei} SQNM?
[09:49] {Threei} 40 cents spike, no news
[09:51] {GeoArb} tol? DBI?
[09:53] {Threei} .45 short if holding below .60
[09:53] {magoo} which?sqnm
[09:53] {Threei} answerin Geo on TOL
[09:53] {dino} wynn
[09:54] {Threei}
3,0 Attention: CPSL stop to .14 for the balance
[09:56] {esemde} nice move by cpsl
[09:58] {Threei}
3,0 Attention: CPSL 1:2, 1/4 more out
[09:58] {Threei} stop to .19 for the balance
[09:58] {GeoArb} i feel small as a scalper
[09:58] {Threei} nothing's wrong with Monday morning scalp
[09:59] {GeoArb} i made an interesting mistake in LEh.... was modifying my stop and sent it at current price hehehehe
[09:59] {GeoArb} -93
[09:59] {Threei} why do you need hard stop on such a trade?
[10:00] {GeoArb} was a mistake...
[10:00] {dino} cedc sm l .80
[10:00] {Threei} *JULY EXISTING HOME SALES: 5M V 4.91ME
[10:00] {GeoArb} back in black
[10:00] {Threei} wow
[10:00] {Threei} housing crisis is over... life is good again
[10:01] {GeoArb} economist had an article on some numbers looking better
[10:01] {Threei} I mean, you are right here, it's a fast trade likely to resolve in minutes if not seconds
[10:01] {Threei} why mess with software instead of keeping manual stop
[10:01] {GeoArb} i had to ummm.. take a break :)
[10:02] {Threei} - July Median Existing Home Price: -7.1% y/y to $212K from $215K{XHB }
[10:02] {peterg} manual stop = finger?
[10:02] {GeoArb} yup
[10:03] {Threei} RMBS
[10:03] {Threei} TICKING HIGHER ON RENEWED TAKEOVER CHATTER
[10:04] {Threei} market is locked in narrow range
[10:05] {dino} cedc stopped -.34
[10:05] {esemde} CPSL has a good looking Daily also vad
[10:06] {Threei}
Consider Buying:
1,8 USO small shares above .15 if holding 93
[10:06] {esemde} was that a factor in buying
[10:06] {Threei} certainly
[10:06] {Threei} .15 was a break on daily
[10:06] {esemde} nice
[10:06] {Threei} 5.14 high from 08/15
[10:09] {esemde} NVDA has that look on it's 15min chart......
[10:09] {Threei} USO invalidated
[10:09] {Threei} don't see much enthusiasm on UAUA though
[10:09] {Threei} old times it would have spiked on such USO drop
[10:10] {Threei} trying now
[10:11] {Threei} still observing it, not sure it's playable
[10:11] {dino} nnbr
[10:13] {magoo} vad, news AAPL?
[10:17] {Threei} no
[10:18] {esemde} vad dcc please
[10:22] {Threei}
Long Setup:
0,3 SOLF .30 half lot if stays above .15
[10:24] {dino} pcln v sm l .05
[10:29] {dino} out hway .90, +.50
[10:30] {Threei} wtg
[10:30] {dino} ty
[10:30] {Threei} I guess I was too careful on UAUA, eh?
[10:38] {Threei}
Short Setup:
0,4 LEH .29 if stays below .40
[10:38] {GeoArb} wow what a drop
[10:38] {Threei} that was fast
[10:39] {Threei} don't chase it down, try to offer into bounce
[10:39] {Threei} in .18
[10:39] {Threei} .41 stop
[10:39] {Threei} needs to lose .20 for a nice continuation
[10:40] {Threei} sorry, in .28
[10:40] {GeoArb} vad i am confused....
[10:40] {GeoArb} thanks
[10:40] {GeoArb} i was thinking hows that not chasing
[10:40] {GeoArb} :)
[10:40] {Threei} especially considering it never went there, lol
[10:40] {GeoArb} yeah you must have access to the super secret ECN
[10:41] {Onix} in ss LEH .27
[10:48] {Threei} .40 resistance rejected LEH nicely so far
[10:49] {GeoArb} yes comon
[10:52] {Threei} holding too well during this market drop
[10:52] {Threei} would expect it to make new low already
[10:59] {GeoArb} me thinks we overstayed welcome...
[10:59] {Threei} looks like
[10:59] {Threei} stopped
[10:59] {GeoArb} out 41
[10:59] {dino} v sm wide l wynn .60
[10:59] {GeoArb} too many vested intrests in LEH
[11:00] {Onix} stopped out LEH -14c
[11:00] {GeoArb} you had a much better entry Onix
[11:01] {Threei} where did you enter?
[11:01] {Onix} yes, got in on little pullback
[11:01] {Onix} 13.27
[11:01] {GeoArb} i got filled at 22
[11:01] {esemde} electronics...go figure....was cut off again....i think i'm back
[11:01] {Onix} out @ .41
[11:01] {Threei} wow... you use market orders or what?
[11:01] {GeoArb} no a 5 cent sweep
[11:02] {Threei} 5 cents is abit too much for a play with 12 cents stop
[11:02] {GeoArb} i will revisit my order settings
[11:02] {Threei}
3,0 Attention: OUT cpsl in full
[11:02] {GeoArb} sheesh
[11:02] {Onix} wtg!
[11:02] {Threei} ty
[11:03] {Threei} +.44, not too shabby for $5 stock
[11:03] {GeoArb} 10%
[11:03] {GeoArb} thats just greedy
[11:03] {esemde} well done vad....and whomever else....
[11:03] {Threei} Greed is good (G.Gekko)
[11:04] {esemde} the man knew what he was talking about
[11:04] {Threei} :)
[11:05] {Threei} UAUA sizeable pullback
[11:06] {esemde} patience....the Oak Bay police caught that fellow who escaped from the Nanaimo jail at the Dairy Queen.....Thats just out your back door ....
[11:06] {GeoArb} so he went in for ice cream?
[11:07] {esemde} yes apparently
[11:07] {esemde} the criminal mind at work
[11:07] {Onix} what a sucker
[11:07] {patience} i can understand that, DQ is good
[11:07] {Roman}
21 STSI Star Scientific wins reversal of Tobacco patent verdict- Bloomberg (2.36 +0.69)
[11:08] {Roman}
21 goes to $7
[11:09] {esemde} whoaaaa......thats a jump
[11:10] {GeoArb} osip
[11:10] {Threei} TICKS UP AFTER US APPEALS COURT REVERSES AND REMANDS RULING IN CASE WITH RJ REYNOLDS OVER TOBACCO RELATED PATENTS
[11:10] {Threei} - "we reverse the district court's judgment of unenforceability of both asserted patents due to inequitable conduct. We also reverse the district court's grant of summary judgment of invalidity of all asserted claims due to indefiniteness and remand for further proceedings on the infringement complaint consistent with this opinion."
[11:10] {Threei} STSI that was
[11:10] {GeoArb} ndsn
[11:11] {GeoArb} oops
[11:11] {Threei} why 7 Roman?
[11:12] {Roman}
21 just looking at monthly
[11:12] {esemde} thats my question as well....
[11:12] {Roman}
21 that's where it jumped last time on the same news
[11:15] {esemde} interesting jump down in the TICK.....-1700 now allmost 200% there for a second
[11:18] {dino} lyme disease
[11:18] {esemde} too funny......
[11:18] {dino} :)
[11:19] {Threei} lol
[11:19] {Threei} just got it... I am slow today
[11:19] {GeoArb} i am still trying
[11:19] {GeoArb} ok :)
[11:20] {dino} really wasn't that good
[11:20] {Threei} consider the audience dino... we don't need much
[11:20] {esemde} dino's using that razor sharp wit the same way he picks bottoms in capitulations
[11:21] {dino} going to flaa asleep is what i'm going to do
[11:21] {dino} fall
[11:22] {dino} sm l odfl .00
[11:22] {peterg} odfl
[11:22] {esemde} happened to me for the first time last week....dozed off around noon and when i woke up you were all gone...
[11:23] {dino} lol
[11:24] {dino} odfl
[11:24] {Chaeron} be happy we didn't stick your hand in a bowl of warm water... :) good morning all
[11:24] {dino} gm
[11:24] {GeoArb} warm water hmmm
[11:24] {GeoArb} chaeron's being polite
[11:25] {esemde} CCCCCHHHHHHH BABY!!!!!!!!!\
[11:25] {Chaeron} heheheh... heyya ese!
[11:26] {esemde} man my screens are showing zilch today...........does that mean it's over analyze time?
[11:27] {dino} thin week imo
[11:27] {dino} should get ridiculous moves
[11:27] {peterg} finally august before september; who knows about sept?
[11:28] {peterg} the shadow knows
[11:28] {dino} ahhh, indeed he does
[11:28] {esemde} worst month for the market
[11:28] {esemde} historically
[11:28] {dino} last try cedc sm l .20
[11:28] {esemde} sorry...i;m wrong
[11:28] {esemde} october
[11:29] {esemde} FEED......break of .65 per chance
[11:29] {dino} means nothing
[11:30] {esemde} that should be your best month dino
[11:30] {esemde} all that panic
[11:30] {dino} oct and nov last year
[11:30] {esemde} you'd be eating it up
[11:30] {dino} worst last two years is june
[11:31] {esemde} puor quo....
[11:31] {esemde} pour quo...sorry
[11:31] {GeoArb} perke?
[11:32] {esemde} ha ha
[11:38] {dino} cedc stop to .65
[11:39] {dino} to .70
[11:40] {dino} to .80
[11:42] {dino} out slippage .76, +.56
[11:43] {esemde} another nice one dino
[11:44] {dino} ty es, lucky
[11:45] {dino} out wynn .22, +.62
[11:49] {Onix} FNM is moving well today?
[11:50] {Threei} pains me to say... but yes
[11:50] {Threei} I just can't bring myself to buy it today, lol
[11:52] {dino} because tomorrow it may be worthless'
[11:53] {Threei} more inclined to short them and no setup appeared
[11:53] {GeoArb} now?
[11:54] {Threei} ?
[11:54] {GeoArb} :0 es high oil low.....
[11:54] {GeoArb} oops
[11:54] {GeoArb} es low oil high
[11:54] {GeoArb} ok i am taking the day off
[11:54] {Threei} lol
[11:56] {Threei} marketis breaking down
[11:56] {GeoArb} see now? (i knew)
[11:58] {GeoArb} broke the low....
[11:59] {GeoArb} mgm on lows
[12:00] {dino} watching pcar, umbf, cpla fwiw
[12:01] {Threei} LEH won't break down with market
[12:02] {GeoArb} those koreans and their money
[12:02] {GeoArb} sheesh
[12:03] {GeoArb} wow oil
[12:07] {GeoArb} .
[12:10] {Threei} either market is less fun today or I can't wake up
[12:10] {GeoArb} off to work
[12:11] {GeoArb} LEH wasnt playing nice today
[12:11] {GeoArb} thanks vad
[12:11] {GeoArb} bye
[12:11] {Threei} nah, must be market... I never woke up last week either but trading was pure unbridled fun
[12:11] {dino} dji needs about 80 more down imo
[12:11] {Threei} take care Geo
[12:11] {dino} cya goe
[12:11] {dino} geo
[12:16] {dino} here it comes
[12:20] {dino} this market is funny. goes up 300 points in 2 days then gives it right back over and over
[12:24] {Threei} yeah, aimless wandering
[12:24] {Threei} nonetheless, good on intraday basis
[12:24] {Threei} can't find much today
[12:25] {Threei} if market recovers, look for another scalp on CPSL
[12:26] {Threei} .41 trigger if stays above .30
[12:26] {dino} not really aimless, pull up the dji,rough;y 11700 to 11300 for about 50 days
[12:31] {dino} pcar sm l .52
[12:33] {dino} cpla sm l .50
[12:33] {dino} spready
[12:37] {Threei} good thing I kept myself from attempt to re-short LEH as it retested the low
[12:37] {Threei} too bad didn't go long, lol
[12:46] {dino} brb
[12:52] {dino} pcar stuck, tighten stop to .37
06[12:57] * Threei slaps laserdave1 around a bit with a large trout
06[12:57] * Chaeron slaps laserdave1 around a bit with a large trout
[12:58] {Threei} dave, magoo is asleep
[12:58] {Threei} care to wake him up?
[12:58] {Threei}
Consider Buying:
1,8 UAUA .51
[12:59] {Threei} .34 stop
06[12:59] * magoo slaps laserdave1 around a bit with a large trout
[13:00] {Threei} UPDATE: OPEC SOURCE REPORTEDLY NOTES THAT OPEC IS NOT LIKELY TO ADJUST OUTPUT AT UPCOMING SEPT 9 MEETING - UNCONFIRMED REPORT
[13:00] {Threei} {USO}
[13:01] {magoo} in uaua vad
[13:01] {magoo} .51
[13:07] {Threei} feel free to take scalp as you see fit
[13:07] {Threei} I am out .65
[13:07] {peterg} ditto
[13:07] {Threei} easy money
[13:08] {Threei} sin not to take it
[13:08] {Threei} I am no sinner
[13:08] {peterg} praise be
[13:09] {Threei} day took too much of my patience to stay on a sideline
[13:09] {Threei} gootta take easy readable setup as a gift
[13:16] {esemde} have a great rest of the day......off to work
[13:17] {Threei} take care ese
[13:17] {fernp} bye ese
[13:34] {patience} is3
[13:38] {dino} pcar stop to .69
[13:38] {dino} cpla stop to .95
[13:46] {dino} out cpla ave .95 +.45
[13:47] {dino} out pcar .75, +.25
[13:47] {dino} .23 i mean
[13:50] {dino} knsy
[13:59] {Threei} flatile
[14:00] {Threei} ummm
[14:00] {dino} flatulence?
[14:01] {Threei} translation: flatline
[14:02] {Threei} FEED interesting consolidation
[14:02] {dino} rock
[14:02] {Threei} ideally, if it finishes here and breaks today's high tomorrow morning, I'd be all over it
[14:03] {magoo} news ROCK vad?
[14:03] {Threei} nothing fresh
[14:03] {dino} nope
[14:05] {dino} seems i'm waiting too low
[14:17] {Threei} yawn
[14:29] {Threei} don't see any news for this pil spike
[14:30] {Onix} Vad, your opinion please on trading Nasdaq stocks vs listed stocks?
[14:31] {Threei} not much difference anymore
[14:31] {Threei} used to be big difference
[14:31] {Threei} now that listeds are populated withECNs mostly, same thing
[14:31] {magoo} read on LDK vad?
[14:31] {Onix} ty
[14:32] {Threei} set routing to ISLD, make sure you have route out checked, you will bet practically same wxecutions
[14:32] {Threei} I don't have read on it mags, sorry
[14:32] {Threei} listless chart
[14:32] {Onix} ty
[14:33] {dino} onix, i play them, just notice more slippage of hard stops
[14:34] {peterg} hard as opposed to manual?
[14:34] {peterg} i.e. entered as order for future
[14:34] {dino} y
[14:34] {peterg} tks
[14:34] {Threei} what your stops are routed through dino?
[14:34] {Threei} if you can see that
[14:35] {dino} smartes/schwab cyber
[14:36] {Threei} do you have an option to switch to particular route instead of smart?
[14:36] {dino} not for shorts
[14:37] {Threei} OK... probably that's why, smart routes are a bit less efficient
[14:37] {dino} overall, works fine, just listed i manually hit
[14:38] {Threei} yup... and most likely no noticeable difference on NASDAQ
[14:38] {Threei} between manual and hard I mean
[14:39] {dino} correct
[14:46] {peterg} etymological derivation of "hard" for this usage, pls?
[14:46] {peterg} fingers are soft?
[14:47] {Threei} hardwired vs mental?
[14:47] {dino} when i say hadr stop, i mean it is entered
[14:47] {peterg} I get that, i am asking philosophical question.
[14:47] {peterg} historical type
[14:47] {Threei} dino... he thinks we can read, you see
[14:48] {peterg} how does this linquistic usage arise?
[14:48] {dino} i'm lost
[14:48] {peterg} who started saying hard stop?
[14:48] {peterg} you, dino?
[14:48] {dino} books and traders years ago
[14:48] {Threei} no, that's common definition
[14:49] {peterg} that would qualify as source, but we don't know what the appeal of "hard" was
[14:49] {peterg} ill shutup
[14:50] {Threei} lol
[14:50] {dino} remember peter, i try not to think, rather react
[14:50] {Threei} I pretend that I try not to think... in rality it comes quite naturally tome
[14:50] {peterg} good point
[14:50] {Threei} just like bad typing
[14:51] {peterg} I tried watching mkt this am with music on headphones.
[14:51] {peterg} it seemed good.
[14:51] {peterg} jj cale
[14:51] {Threei} trading require depth of thinking of "tree good, fire bad" kind
[14:51] {Threei} requires
[14:51] {dino} magoo and i het the music at 9:30 am, all day, cnbc on mute, or sports on....
[14:51] {dino} the news w/mess w/your trades imo
[14:52] {dino} hit the music
[14:52] {Threei} I think I know the answer but I'll ask anyway... if CNBC on mute, why on at all?
[14:52] {dino} lol, right now vh1
[14:53] {dino} think about it, all pre-market cnbc talking heads were we are out of the abys
[14:53] {dino} that will screw you up
[14:54] {peterg} news business is fear business
[14:54] {dino} who knows or cares if the "lows" are in, we had a 250 point down move and they had you loading up
[14:54] {Threei} qhwen the next stage of credit crunch, bank write-offs and bankruptsies comes, taking market much lower... how are those optimists going to justify their cheerleading?
[14:54] {dino} so.....put the music on when trading
[14:55] {peterg} I likes it
[14:57] {Threei} I am not in the end of the world camp, we will bottom out and have a very nice rally
[14:57] {Threei} but we are not there yet
[14:57] {peterg} Is Bill Cara still strong on holding bullion?
[14:58] {Threei} I don't really track gold-related topics
[14:58] {dino} dk
[14:58] {Threei} if I remember correct, he was no jazzed about it for now
[14:58] {dino} and yes vad, this too will pass
[14:59] {Threei} yeah... this time
[14:59] {Threei} but honestly,
[14:59] {Threei} policies must change
[14:59] {peterg} what policies
[14:59] {Threei} USA flirts with financial disaster too close for comfort
[14:59] {dino} but in the keep it simple dino plan.....do not listen to them when trading, get in "your" own zone
[15:00] {Threei} policies regarding credit, derivatives, spending
[15:00] {peterg} if we be goin down, let us be goin down tradin
[15:00] {peterg} ya yua ya live for today
[15:00] {Threei} deepening dept, free-for-all money printing
[15:00] {peterg} of course on serious note your right
[15:00] {peterg} time for serenity prayer
[15:01] {Threei} in Seinfield speak, Serenity NOW!!!
[15:01] {dino} none of it matters, just trade
[15:01] {peterg} here here to all
[15:01] {dino} they will do what they do
[15:02] {peterg} yep
[15:05] {Threei} here is an illustration to what dino says
[15:06] {Threei} had I not had this negative bias on financials, we would probably go long LEH and FNM at some point
[15:07] {Threei} [15:01] {dino} none of it matters, just trade {--- truer words were never spoken
[15:07] {dino} see, those are too crowded for my "way". too much thinking w/them
[15:07] {dino} i prefer the idiot set-ups
[15:08] {dino} watching wynn
[15:24] {Threei} if NQ finally breaks down, BRCM short for a scalp
[15:24] {Threei} bounced a bit on dropping volume, forming bear flag
[15:25] {Threei} closest resistance is.25
[15:28] {Onix} BRCM ss @ 26.09 if NQ drops?
[15:28] {Threei} no, I wouldn't chase it there
[15:28] {Threei} rather looking for a situation where NQ drops while BRCM gives little delay
[15:28] {Threei} so we can short it closer to resistance
[15:28] {Threei} keeps stop tighter
[15:29] {Onix} ok ty
[15:32] {Threei} looks like break's coming
[15:32] {Threei} in
[15:32] {Threei} .26 stop
[15:32] {Onix} in @ .19
[15:40] {Threei} quite boring day
[15:40] {Threei} happens often on Mondays, let's hope market wakes up tomorrow
[15:43] {Threei} http://realitytrader.com/vad/Mondays-Suck-Video.wmv
[15:44] {dino} ok i was a bit early on my 80 extra points
[15:44] {dino} 40 to go
[15:49] {Onix} stpped
[15:53] {Threei} there is always tomorrow dino
[15:55] {dino} y
[15:56] {dino} i will be here. ok day just dead afternoon
[15:56] {Threei} yeah
[15:56] {Threei} morning was also not as active as last week
[15:58] {dino} most likely this way all week, reminds me of friday
[15:58] {Threei} could be, last week of August
[15:58] {Threei} long weekend looming
[15:59] {Threei} anyway... we will take what we can find and wait patiently for more
[15:59] {Threei} OK guys, thank you all
[15:59] {Threei} have a good evening, see you tomorrow
[15:59] {dino} out odfl .95 -.05
[16:00] {Onix} ty Vad ... enjoyed the day with you all, bye
[16:00] {dino} l8r onix

Aug 22 2008

Session Time: Fri Aug 22 00:00:00 2008

[08:05] {hawkfan4} good morning
[08:05] {Threei} Good morning
[08:06] {Threei} LEH
[08:06] {Threei} PRE-MARKET STRENGTH BEING ATTRIBUTED TO REPORTS KOREA'S DEVELOPMENT BANK (KDB) CONSIDERS CO. AN OPTION FOR AN ACQUISITION
[08:06] {Threei} Reminder Overnight an articl in South Korea's Chosun noted that Korea Development Bank had been in talks to buy a stake and management rights in Lehman, but failed to reach an agreement due to concerns about the financial health of Lehman.
[08:06] {hawkfan4} sometimes it pays to get up early. Got LEH at 14.76, just sold 1/3 at 15.70
[08:07] {Threei} wtg
[08:07] {Threei} I slept in
[08:07] {Threei} WARREN BUFFETT: SAYS IS NOT POSITIONED AGAINST THE DOLLAR AND EQUITIES ARE MORE ATTRACTIVE THAN THEY WERE A YEAR AGO - CNBC INTERVIEW
[08:07] {Threei} - Fed Chairman Bernanke does not have a "magic wand" for solving the problems of the US economy.
[08:07] {Threei} - Berkshire has no bets against the USD or any direct currency plays, believes USD strength will not last if current account deficits continue, yet does not see the USD falling in the short term
[08:07] {Threei} - Repeats that there is a "reasonable chance" shares in the GSEs will be wiped out
[08:07] {hawkfan4} thx, pure luck, i just saw it moving and grabbed it
[08:07] {Threei} cobra instinct
[08:13] {hawkfan4} yeah, i figured something must be up the way it was moving. out .66, was too busy bragging when i should've been selling
[08:14] {Threei} I still can't believe the summer trading e had
[08:15] {Threei} we
[08:15] {hawkfan4} no kidding. I can't believe this is August.
[08:16] {Threei} with so much turbulence in various areas, market once again proved that the only constant thing about it is a constant change
[08:28] {hawkfan4} watching UAUA for a short if oil pops back over 120
[08:32] {pita} gm all
[08:33] {Threei} pita :)
[08:38] {pita} thoughts INTC Vad? wireless transmission of electricity, interesting
[08:38] {Threei} this news is floating out there for a few days already
[08:39] {Threei} NYT just got to it
[08:39] {Threei} also,
[08:39] {Threei} 08/21/08 07:07pm
[08:39] {Threei} [MU] Micron Technology Inc Production at MU/INTC Singapore chip plant will be delayed - unconfirmed report
[08:39] {Threei} - The two companies will delay output of NAND chips due to weak pricing trends.
[08:39] {Threei} - On 5/4, Intel said that it expected the Singapore plant to delay output by 6 months and the jv had expected that output would begin by mid 2009.
[08:40] {Threei} I think this INTC gap is simply market gap
[08:54] {cosmo} BCSI
[08:55] {cosmo} # Blue Coat swings to fiscal 1Q loss, meets viewsAP(Thu 5:46pm)
[08:56] {Onix} Good morning
[08:56] {Threei} cosmo, onix :)
[08:56] {cosmo} 3i:)
[08:59] {brian3579} gm
[09:00] {Threei} brian :)
[09:00] {Threei} we have Bernarke speaking today on financial woes
[09:01] {Threei} 10 am
[09:03] {dptl} good morning all
[09:03] {Threei} dp :)
[09:04] {patience} good morning RT :)
[09:05] {Threei} patience :)
[09:17] {dino} gm all
[09:18] {Threei} dino :)
[09:18] {tomg} gm all
[09:18] {Threei} tom :)
[09:20] {peterg} morning
[09:20] {Threei} peter :)
[09:22] {fernp} Goog morning all
[09:23] {Threei} fern :)
[09:26] {cosmo} BSCI pre mkt high = 18 fwiw
[09:28] {Onix} cosmo, fwiw?
[09:28] {cosmo} for what its worth
[09:28] {Onix} ty ... BSCI?
[09:28] {Threei} BCSI
[09:28] {cosmo} 18.10 now
[09:30] {dino} met estimates
[09:31] {cosmo} its called an 'open break'
[09:32] {cosmo} fwiw
[09:32] {judijim} good morning all
[09:33] {Threei} jj :)
[09:34] {esemde} morning...
[09:34] {Threei} ese :)
[09:35] {Threei}
Long Setup:
0,3 UAUA .21 if stays above .10
[09:35] {Threei} verify with USO
[09:36] {Threei} over 1:1
[09:37] {dino} snps sm l .30
[09:38] {Threei} same setup once again
[09:42] {Threei} USO breakdown
[09:42] {Threei} UAUA getting refuelled
[09:43] {Threei} stop to .14
[09:45] {Onix} in UAUA a little early @ 12.28 sm shares
[09:45] {dino} cphd
[09:46] {dino} sm l .65, stop .33
[09:46] {Threei} UAUA wsorked again for a scalp and seems not done, half out
[09:46] {Threei} .28 is a somewhat "not here not there" entry
[09:46] {Threei} stop to .10 for the balance
[09:46] {Threei} .19, sorry
[09:47] {dino} pery blood
[09:47] {Threei} out in full UAUA
[09:48] {hawkfan4} nice one, thx
[09:48] {Threei} welcome
[09:48] {Threei} where is magoo... he would be all over this trade
[09:48] {tomg} ty vad
[09:48] {Threei} tom :)
[09:49] {Onix} ty Vad , got 19c
[09:49] {dino} he took the day off
[09:49] {Threei} onix :)
[09:50] {Threei} slacker...
[09:50] {dino} indeed. as i never miss a day
[09:50] {peterg} btw, i wont be here tomorrow
[09:50] {dino} lol
[09:51] {dino} yeah, me too, lawn mowing duty
[09:51] {Threei} that's it
[09:51] {Threei} I won't be here tomorrow AND the day after
[09:51] {Threei} here, take this
[09:51] {dino} cphd stop to .03
[09:51] {dino} pery feels like 15 coming
[09:52] {dino} snps not moving, tighten to .08
[09:54] {dino} cybx drop
[09:58] {dino} out cphd .00, +.35
[10:00] {esemde} too funny boys ...too funny....
[10:01] {Threei}
Long Setup:
0,3 UAUA .61 if stays above .50
[10:05] {dino} isys sm l .23, risky
[10:15] {dino} isys stop to .63
[10:16] {dino} ton .80
[10:16] {dino} to
[10:17] {Threei} ED'S BERNANKE: WILL ACT AS NEEDED FOR NEAR TERM PRICE STABILITY, ECONOMY WILL PERFORM BELOW POTENTIAL FOR QUITE SOME TIME
[10:17] {Threei} - Notes that inflation is attributed to the recent increase in commodity prices, recent commodity and USD trends are likely to have a dampending effect on inflation
[10:17] {Threei} - Sees inflation outlook as uncertain but inflation will fall towards the end of the year and into 2009
[10:17] {Threei} - Comments that the Fed funds rate currently is low despite inflation
[10:17] {Threei} - Remarks the the economy is softening and the unemployment rate is rising
[10:17] {Threei} - Feels as thought the Treasury is best suited to handle non-bank failures, and countervailing actions are needed to address the moral hazard issue
[10:18] {cosmo} moral hazard?
[10:18] {Threei} governemtn bailout are usually referred as such
[10:18] {dino} yeah, you know, booze, strip clubs, tobacco
[10:18] {cosmo} hmmm
[10:18] {dino} lol
[10:19] {dino} the guys' a genius, sheesh
[10:19] {dino} isys to .93
[10:19] {Threei} since they create an environment where private enterprises feel they have a garantee of risk being eliminated at taxpayer expense
[10:19] {Threei} I'll keep the profit and we will share the losses
[10:19] {dino} exactly, should've let them fail already, get it over with
[10:20] {dino} just like no shorts for financials, give me a break, to let insiders out, then crush public
[10:20] {cosmo} cans of worms they are
[10:20] {dino} out isys slip, ave. +.65
[10:21] {dino} fwiw, my hard stops are slipping today...thinner market?
[10:21] {dino} ok ,my rants are done
[10:23] {Threei}
Long Setup:
0,3 LEH .71 if stays above .60
[10:26] {esemde} long CTXS....1/2 lot .02....thin
[10:27] {Threei}
3,0 Attention: LEH 1:1
[10:27] {Threei} half out
[10:27] {dptl} +.10 leh ty
[10:27] {Threei} welcome
[10:28] {fernp} out +.11 TY
[10:28] {Threei} :)
[10:28] {esemde} stop .88
[10:29] {Threei}
Long Setup:
0,3 UAUA .61 if stays above .50 and USO helps
[10:30] {Threei} in
[10:35] {Threei} stopped
[10:35] {fernp} stopped
[10:35] {peterg} yup
[10:36] {pita} sadly yup
[10:39] {Onix} got 7c at last in LEH
[10:40] {Threei} oil fast drop
[10:41] {dino} .
[10:41] {dino} sm l cybx .61
[10:43] {dino} stop is .23 fwiw
[10:52] {dino} ndsn
[10:53] {dino} snps stop to b/e
[10:54] {Threei} poor souls
[10:54] {Threei} how do they tie the laces on their shoes
[10:54] {Threei} sorry, wrong window
[10:58] {peterg} velcro
[10:59] {esemde} nice dino.....cybx
[10:59] {dino} cybx stop to b/e
[11:02] {dino} snps stopped +.05
[11:04] {Onix} UAUA & USO now in kahoots?
[11:04] {Threei} relation certainly is not what it used to be
[11:04] {Threei} that's why I backed off
[11:04] {Onix} moving together and not opposite?
[11:05] {esemde} out ctxs .92 -.10....definately not doing what i want
[11:07] {esemde} how long will you let cybx run dino?
[11:11] {dino} just stopped at .89, +.28, wanted it to get thru .00, but no go
[11:12] {dino} will watch it
[11:12] {dino} stingy w/this market
[11:12] {dino} but it's working very well
[11:12] {dino} damn there she goes
[11:13] {esemde} are you going to buy a break of 23
[11:13] {esemde} just noticed it
[11:13] {dino} bcsi
[11:13] {dino} no
[11:13] {dino} s bcsi .50 sm, stop .83
[11:14] {dino} i will re-load cybx around 22.40, if she goes there
[11:15] {dino} watching ndsn, cedc for fast drops and bounce
[11:15] {Threei}
Short Setup:
0,4 FNM .39
[11:16] {Threei} if stays below .50
[11:16] {Threei} two stop levels, .51 and .61
[11:16] {Threei} both are valid
[11:21] {Onix} ss FNM valid again under .50?
[11:22] {Threei} hard to tell... needs a bit of new consolidation
[11:22] {dino} besn
[11:34] {dino} bcsi bstop to .43
[11:36] {dino} to .30
[11:36] {dino} cov +.20
[11:37] {Threei} nice one
[11:37] {dino} ty
[11:54] {Threei} (USA) US IS REPORTEDLY DEEPLY CONCERNED REGARDING PLANNED RUSSIAN WEAPONS SALES TO SYRIA
[11:59] {Threei} what's urkel?
[12:02] {dino} cedc sm l .00, stop lod
[12:02] {dino} no make stop .72
[12:05] {hawkfan4} Urkel was the star of Family Matters
[12:05] {peterg} urkel--the sound my car made when it died
[12:05] {peterg} a dish from northern kyrgystan
[12:06] {dino} lol
[12:06] {dino} you can tell it's friday
[12:06] {peterg} im going out to lunch,, a big on at FOgo De Chao--all you can eat meat, good for five poiunds easy
[12:07] {dino} very nice
[12:07] {peterg} plus a long island ice tea
[12:07] {peterg} done for the day
[12:07] {dino} and fits the akins diet
[12:07] {peterg} meat meat and more meat
[12:07] {dino} have fun peter
[12:07] {hawkfan4} lol, enjoy
[12:07] {dino} hillshire farms......"go meat"
[12:07] {peterg} gracias, u 2
[12:08] {peterg} have fun guys, make $$
[12:10] {dino} siren song ndsn
[12:11] {Threei} (RU) RUSSIA DEFENCE MINISTRY SAYS THEY HAVE COMPLETED FRENCH-BROKERED CEASEFIRE AGREEMENT, TROOPS HAVE PULLED BACK TO SOUTH OSSETIA AS AGREED
[12:11] {Threei} - says Russian 'peacekeepers' remain posted in buffer zone outside of South Ossetia
[12:25] {dino} idsa drop
[12:25] {dino} thin
[12:34] {hawkfan4} kinda like USO over 95.40, stop 95.20, but market's pretty whippy
[12:34] {dino} v sm, v risky l ndsn .50
[12:41] {dino} stop is .17 fwiw
[12:59] {dino} i'm thinking, the only way to stop a stock that drops 17 points is to have magoo go long w/you. i wonder if he is trading from somewhere else
[12:59] {Threei} lol
[13:02] {dino} idsa getting gappy
[13:09] {dino} cedc stop to .29
[13:13] {dino} out cedc +.27 slip
[13:16] {dino} v sm idsa l .30
[13:17] {dino} brb
[13:41] {Threei} NY FED: MAKING SMALL ADJUSTMENTS TO DAILY SECURITIES LENDING PROGRAM
[13:41] {Threei} as in?
[13:41] {Threei} banning magoo from borrowing another 12B and stashing them in Swiss bank account?
[13:41] {Threei} I suppose that's why he he is off today... taking care of the matter
[13:48] {dino} yes
[13:48] {dino} most likely you'll see the uptick rule back, imo
[13:50] {Threei} that'll be stupid of them but whatever
[13:51] {Threei} they canned it when, about couple years ago?
[13:51] {Threei} never saw it impacting market direction
[13:51] {dino} last summer i think
[13:51] {Threei} a year then
[13:52] {Threei} and we had some stunning rallies, even thoughshorting became easier
[13:52] {Threei} it's unlimited naked shorting they should be concerned about IMO
[13:52] {Threei} as long as borrowing rules are observed, no reason for concern
[13:53] {Threei} oil another drop
[13:55] {dino} i don't know 3i, perhaps you should let the naked people short, what do cloths have to do w/stocks
[13:55] {dino} those nudist retreats will be hit hard
[13:55] {Threei} you actually make a very good sense
[13:56] {Threei} (as long as they, naked shorters, don't have webcams and I am not forced to watch
[13:57] {Chaeron} isn't it everyone that would see YOU should be scared?
[13:57] {dino} lol
[13:57] {Threei} that too
[13:57] {Threei} NY FED: WILL NOW REPORTEDLY ONLY ACCEPT SECURITIES WITH 13 OR MORE DAYS OF REMAINING MATURITY (VS. PRIOR OF 6 DAYS OR MORE) FOR DAILY SECURITIES LENDING PROGRAM
[13:57] {Threei} - Effective Aug 25
[13:58] {Threei} US TREASURY REPORTEDLY FEELS ANY BACKSTOP EFFORT FOR THE GSES SHOULD AIM TO MAINTAIN SHAREHOLDER OWNED STATUS AS PRIVATE ENTERPRISES - UNCONFIRMED REPORT
[13:58] {Threei} {FRE FNM}
[13:59] {Threei} WHITE HOUSE: PRES. BUSH AND FRANCE PRES. SARKOZY SAY RUSSIA IS NOT MEETING ITS WITHDRAWAL COMMITMENTS AND STATE IT MUST DO SO NOW
[14:00] {dino} you forgot the word "new" on the fre fnm statement. the current will be wiped out
[14:00] {Threei} I am just copy/pasting :)
[14:00] {dino} i am just funnin'
[14:01] {Threei} I know :)
[14:02] {dino} ndsn stopped -.33
[14:07] {fernp} see you all on Monday. Have a nice weekend.
[14:08] {dino} bcsi sm s .81, stop .13
[14:09] {dino} idsa stop to .44
[14:21] {Threei} what a difference a day makes
[14:21] {Threei} just what has changed with oil today vs yesterday? :)
[14:21] {Threei} I'll challenge anyone who believes every move has fundamental reasons under it to explain this to me
[14:23] {dino} i agree, the efficient market is b.s.
[14:27] {dino} ofix
[14:29] {Threei} OK{ what's killing oil??
[14:29] {Threei} not that I mind
[14:29] {dino} idsa to .50
[14:29] {Threei} but I am curious
[14:31] {patience} my theory is another financial institution is unwinding positions
[14:31] {dino} i suppose it has something to do w/fish markets
[14:31] {dino} patience you are probably correct, someone leaning the wrong way
[14:32] {dino} idsa to .60
[14:38] {dino} to .75
[14:43] {dino} to .85
[14:46] {dino} bcsi bstop to .60
[14:46] {dino} cov +.20 bcsi
[14:47] {dino} spiked into me
[14:48] {dino} oh mannnnn right thru me, idsa stopped .70 +.40
[14:49] {dino} i had 3 major slips today
[14:49] {patience} it's friday dino, time for the beer fridge
[14:50] {dino} i would, but hate tob drink alone.
[14:54] {Chaeron} your typing shows otherwise dino :)
[14:58] {hawkfan4} in FNM w/stop .74, super risky
[14:59] {esemde} Vad ...have a very important question for you....do you know of anyone out your way who sell dilling cucumbers?
[14:59] {dino} chaer hits me below the belt, ouch
[15:00] {dino} idsa sm l .00
[15:04] {Threei} hmmm
[15:05] {Threei} never looked really
[15:05] {esemde} tks....coming out your way to look for some...
[15:06] {dino} ofix sm s .30
[15:27] {dino} kind of tough getting put of idsa
[15:28] {Threei} very much feels like oil is readcy to break down once again
[15:37] {esemde} have a great weekend all
[15:37] {dino} cya es
[15:38] {Threei} take care ese :)
[15:39] {peterg} just got back from long meat drunk lunch in time to say gdbye again
[15:40] {Threei} lol
[15:41] {peterg} cuall monday
[15:41] {Threei} have a good weekend peter
[15:41] {peterg} thks u2 vad
[15:42] {peterg} driving daughter to madison WI for 2nd yr colege sob
[15:42] {dino} have fun peter
[15:42] {peterg} thks dino
[15:42] {peterg} id like to make some money next week, K?
[15:43] {peterg} and hve fun
[15:43] {dino} sure, no problem mon
[15:43] {peterg} big spliffs in jamacica
[15:43] {Threei} what was wrong with this week??
[15:43] {peterg} for me, to slow to act, to soon out
[15:43] {Threei} ugh
[15:43] {peterg} prbly normal learning curve for slow learner
[15:43] {Threei} sorry
[15:43] {Threei} every day was profitable
[15:44] {Threei} well, more to come
[15:44] {Threei} stay tunned
[15:44] {peterg} oh yeah
[15:44] {peterg} !!
[15:44] {dino} 2 up days out of two for me
[15:44] {Threei} yeah, dino came back swinging
[15:44] {peterg} is he a, like, swinger?
[15:44] {Threei} 5 put of 5 for me
[15:45] {peterg} xlnt
[15:45] {dino} no
[15:45] {peterg} kdg
[15:45] {Threei} is it that dragon thingy?
[15:45] {dino} at the risk of jinxing myself, my last down dayu was july 17
[15:45] {Threei} skipping vowels?
[15:45] {peterg} again+agn
[15:45] {dino} but i have had two vacations in between
[15:45] {peterg} fasttalk
[15:46] {Onix} he is doing puts & calls now?
[15:46] {peterg} no not dragon, typing
[15:46] {Threei} there you go... dino found the Holy Grail of trading
[15:46] {Threei} put your losing dayus on vacation time
[15:46] {Threei} effectively erasing them
[15:46] {dino} seems to work, lol
[15:46] {Threei} and leave your winning days for actual trading time
[15:46] {peterg} listened to day tune-up with beautiful voice woman--does she make house calls?
[15:47] {peterg} She admires me nd wants me to succeed!
[15:47] {dino} ahhh
[15:47] {Threei} NBER'S FELDSTEIN: SEES ADDITIONAL 15% DOWNSIDE IN HOUSING MARKET, PERHAPS MORE - CNBC
[15:47] {peterg} that's the one, with the breathing
[15:47] {dino} lol
[15:48] {peterg} k , off to pack c u monday
[15:48] {Threei} take care peter
[15:57] {dptl} whuuu......no loosing days this week...nothing spectacular..but....have a good weekend all:)
[15:57] {Threei} wooohooo
[15:57] {Threei} Ok guys
[15:57] {Threei} thank you all
[15:58] {Threei} have a great weekend, see you on Monda
[15:58] {Onix} thanks Vad & all trust you will have a great weekend, bye