Session Time: Thu Aug 28 00:00:01 2008
[08:43] {Threei} 08/27/08 05:45pm [SEED] Reports Q3 $0.38 (+63% y/y), R$71.5M (+7.73% y/y)
[08:55] {cosmo} SEED: .... 5.69 spike high last night
[08:56] {Threei} and CLNE nice gap... too bad didn't pull back deep enough for me to take it overnight
[08:56] {cosmo} fyi
[09:00] {GeoArb} gm
[09:01] {dino} gm all
[09:04] {Threei} Geo, dino :)
[09:05] {Threei} brian, look dcc please
[09:07] {patience} a rainy good morning RT :)
[09:07] {Onix} gm all
[09:08] {Threei} patience, onix :)
[09:17] {fernp} Good morning all
[09:19] {magoo} mornink comrades
[09:19] {Threei} fern, magoo :)
[09:20] {esemde} ladies and gentlemen.......I bring you good tidings from............ME
[09:20] {Threei} ese :)
[09:21] {esemde} morning Vad
[09:24] {dino} lol es
[09:26] {esemde} cable CHEK 6 news victoria....6 oclock news......gonna be on
[09:26] {patience} i'll watch it ese :)
[09:26] {magoo} vad, with hurricane gustav heading for oil platforms..u think possibly USO long mover today?
[09:27] {esemde} i think it's today....or is it tomorow....can't remember what Gordie Tupper said
[09:27] {magoo} as in multi points
[09:27] {esemde} the local media guy
[09:27] {Threei} everything's possible...
[09:27] {dino} not much of interest for me yet
[09:27] {Threei} Gustav is the whole idea of USO move yesterday and today
[09:28] {Threei} this is highly liquid situation, it changes with every new forecast...
[09:28] {Threei} or observation
[09:29] {Threei} so, to say anything in advance would be just a guess
[09:29] {dino} say it isn't so
[09:30] {Threei}
Long Setup:
0,3 CLNE
[09:30] {Threei} ugh
[09:30] {Threei} try to bid just above 17
[09:31] {Threei} with stop under 16.80
[09:31] {esemde} ENER...
[09:31] {Threei} my idea was to grab a pullback, not to chase CLNE after the bounce
[09:32] {Threei} it jumped off 17 faster than I could type, even without numbers
[09:32] {Threei} let's wait for new consolidation and break of 17.25 if consolidation's tight enough
[09:35] {Threei} bidding 16.95 or taking break of 17.10
[09:37] {Onix} in CLNE @ 17.01
[09:37] {Threei} good entry
[09:38] {dino} sm l ilmn .70, stop .37
[09:39] {dino} stopped, that sucked
[09:41] {GeoArb} WHATS YOUR ENTRY VAD?
[09:41] {GeoArb} oops
[09:41] {Threei} 17.25 is pre-market resistance for CLNE
[09:41] {Threei} .10 and .12 Geo
[09:41] {GeoArb} ok
[09:41] {GeoArb} my average is .11 too
[09:41] {magoo} me too .11
[09:41] {Threei} onix beat us
[09:42] {GeoArb} that was really good
[09:42] {Threei} yup
[09:42] {Threei} I missed it with all the typing
[09:42] {dino} sm l ener .41
[09:42] {dino} wide risky
[09:42] {Threei} let's break .25 CLNR
[09:42] {Threei} onix, with your entry I'd par out here
[09:43] {Onix} ty
[09:43] {Threei} brrrreak
[09:44] {Threei} half out
[09:44] {Threei} spike's a bit too sharp
[09:44] {GeoArb} i confess i was half out at 25 :)
[09:44] {GeoArb} it was 13 cents
[09:45] {GeoArb} and i wanted to bank some at res
[09:45] {Threei} makes sense
[09:46] {GeoArb} this was a beauti
[09:46] {GeoArb} cleansed yesterday for me
[09:46] {GeoArb} i am glad i stopped
[09:47] {Threei} stop to 16.95 for the balance who is still holding
[09:47] {esemde} long FMCN
[09:47] {esemde} 31.96
[09:48] {esemde} 3/4
[09:48] {Threei} CPST
[09:48] {Threei} ANNOUNCES SHIPMENT OF ITS FIRST C200 PRODUCTION UNIT AHEAD OF SCHEDULE
[09:48] {Threei} - Originally scheduled for shipment in late September, Capstone was able to deliver this first unit earlier than planned.
[09:48] {Threei} - This first production unit is shipping to Integrated Building Technologies, the company's distributor in Italy.
[09:48] {Threei} - The system will be installed in a wastewater treatment facility in Biella, Italy, and will operate on methane gas generated from the digesters at the facility.
[09:49] {magoo} look eNER vaD AS BOUNCER
[09:49] {esemde} bugger stopped FMCN
[09:49] {GeoArb} vads a bouncer?
[09:49] {Threei} lol
[09:50] {esemde} what kinda jump down wat that....
[09:51] {GeoArb} anyone still in clne?
[09:51] {esemde} -,21
[09:51] {Threei} half here Geo
[09:51] {Onix} yes
[09:52] {GeoArb} apart from the guru and the better student :)
[09:53] {GeoArb} there is a saying my dad used to quote.....
[09:53] {GeoArb} "guru gud chela chini"
[09:53] {GeoArb} gud-} molasses (sweet)
[09:53] {GeoArb} chini -} refined sugar
[09:54] {GeoArb} oh yeah chela-} student
[09:55] {GeoArb} the reference here... being onix getting better fills now :)
[09:57] {dino} out ener .49 +1.08
[09:57] {Onix} it is so great to be doing a few things right for a change
[09:57] {Threei} even better to realize suddenly, it's not a rocket science
[09:57] {patience} very nice dino
[09:58] {Threei} wtg dino
[09:58] {dino} ty patience wild one
[09:58] {dino} too soon, magoo out doing me on it
[09:59] {GeoArb} sniff... no more philosophizing
[10:00] {GeoArb} CLNE a wedge?
[10:01] {Threei} trying to form it
[10:01] {dino} over my head
[10:01] {Threei} if holding .30 and breaking .50, will trail stop to under .20
[10:01] {GeoArb} i am just pleased as punch to pull .20 on one lot
[10:01] {GeoArb} TY vad flat
[10:01] {Threei} .30 is more logical but the stock is a bit volatile, gotta pad it a little wider
[10:01] {dino} celg
[10:02] {dino} gj geo
[10:04] {GeoArb} wow celg dino
[10:04] {dino} celg sm l .10
[10:04] {dino} careful
[10:05] {GeoArb} no news
[10:05] {GeoArb} hmm
[10:06] {GeoArb} looks like clnee wants up
[10:07] {magoo} oiut .09 ENER..i dunno plus couple points
[10:07] {dino} wtg magoo!
[10:07] {GeoArb} wooo
[10:07] {magoo} waiting .67 CLNE
[10:07] {GeoArb} magoo why 67?
[10:07] {dino} ener sm l .25 wild
[10:08] {GeoArb} ok got it
[10:08] {magoo} breathing area
[10:10] {GeoArb} amazing magoo
[10:10] {magoo} OUT ty boss
[10:10] {Threei} out 1/4 more ..69
[10:10] {Threei} welcome mags
[10:10] {magoo} see thats my first exit from entry
[10:10] {magoo} mnow out full..if pulls ill reload
[10:10] {GeoArb} what was entry?
[10:11] {magoo} vad,pullup my entry please
[10:11] {Threei} offering last 1/4 at 16.95
[10:11] {GeoArb} sheesh (geo puts nose to grindstone)
[10:11] {Threei} [09:41] {magoo} me too .11
[10:11] {peterg} morning; i see i have missed a lot of fun
[10:11] {magoo} TY bossasaurasrex
[10:12] {GeoArb} i reentered for the 40 to 59 move
[10:12] {Threei} 17.95 that is
[10:12] {Threei} hi peter
[10:12] {Onix} all out of CLNE @ .74 ... ty Vad!
[10:12] {GeoArb} but nothing comared to you monsteres !!!!
[10:12] {Threei} welcome sir
[10:12] {GeoArb} if done right this probably made the day !!
[10:14] {dino} celg stop to .49
[10:14] {dino} out +.39
[10:17] {Threei} stop to under .30 btw
[10:17] {GeoArb} vads a swing trader now
[10:17] {dino} out ener .65 +.40
[10:19] {esemde} oh sure now fmcn.........hmmmmmmwhat did i do wrong on that one
[10:19] {dino} thats a toughie fmcn
[10:19] {magoo} jesus..dino just brought me a beer
[10:20] {GeoArb} ?????
[10:20] {esemde} that drop down cost me- .21
[10:20] {esemde} and now it explodes
[10:20] {esemde} thats the type of thing in this business that will drive you crazy
[10:21] {dino} f' it es, all part of the game
[10:21] {esemde} yes....for sure
[10:21] {magoo} to be in this bus u must be somewhat crazy in first place
[10:21] {Threei} stop to under .40
[10:21] {esemde} definately
[10:22] {Threei} hmm
[10:22] {dino} traders expect to have losses. thats the way it is
[10:22] {Threei} TV says we had an eathaquake
[10:22] {GeoArb} wot dino?
[10:22] {Threei} did I sleep through it?
[10:22] {GeoArb} no one told me that
[10:22] {Threei} ah, too far to feel on the ground
[10:24] {dino} geo; good traders take chances w/good expectations, but they expect to lose regularly
[10:24] {GeoArb} hehehe dino
[10:24] {dino} it's not about being right, it's about trading right
[10:24] {GeoArb} was being facetious
[10:24] {dino} no joke man
[10:24] {GeoArb} ahm.... i agree
[10:25] {dino} ok
[10:25] {magoo} vad, ener news please
[10:25] {Threei} 08/28/08 07:01am
[10:25] {Threei} [ENER] Energy Conversion Devices Inc Reports Q4 $0.24 v $0.16e, R $82.4M v $77.5Me
[10:25] {Threei} -Guides Q1 Rev $95-98M v $87.9Me, Gross Margin 31%
[10:25] {Threei} -Guides FY09 Rev $445-485M v $443.1Me
[10:26] {magoo} all good to me
[10:26] {magoo} didnt hold bounce well
[10:26] {GeoArb} and it goes down......
[10:26] {judijim} good morning all
[10:26] {Threei} jj :)
[10:27] {dino} ener maybe re-test lod
[10:27] {magoo} granted..vads post is the extent of my tireless research on ENER
[10:28] {dino} sm l .40
[10:28] {GeoArb} scary spread
[10:28] {Threei} time for some violence?
[10:29] {Onix} yes!
06[10:29] * Threei kicks CLNE in the rear with force of hurricane Gustav multipled by centuries of human intelligence
[10:29] {dino} too soon
[10:31] {magoo} magoo smacks it on hread..needs pullbk FIRST to reenter
[10:31] {GeoArb} why?
[10:31] {magoo} not in
[10:31] {GeoArb} consolidation not good enuff? :)
[10:31] {magoo} want in
[10:32] {GeoArb} there
[10:35] {Threei} either adding intelligence to simple kick is a mistake, or CLNE is confused my mixed signals between me and magoo
[10:36] {Threei} *EIA NATURAL GAS INVENTORIES: + 102 BCF V +80 TO +85 BCF RANGE OF ESTIMATES
[10:36] {Threei} {UNG}
[10:36] {Threei} we are awash in natural gas
[10:36] {Threei} and oil
[10:38] {Threei} out CLNE last portion
[10:39] {Roman}
21 UAUA?
[10:40] {Roman}
21 i am in small 10.60
[10:40] {Threei} wow
[10:40] {Threei} why that high?
[10:40] {Roman}
21 buy high sell higher
[10:41] {GeoArb} :)
[10:41] {Threei} I don't know... this thing is oil dependent, went up quite a bit
[10:41] {GeoArb} see you later guys
[10:41] {Threei} take care Geo
[10:42] {magoo} bye geo
[10:42] {Threei} and I don't see sufficient consolidation under .60 to warrant something like JBE
[10:42] {Roman}
21 take care Geo
[10:43] {Roman}
21 FRE
[10:43] {Roman}
21 lets roll
[10:44] {Threei} .26 trigger?
[10:44] {dino} cya geo
[10:44] {Roman}
21 i think so vad
[10:44] {Threei} UAUA works
[10:45] {Roman}
21 ABK on radar too
[10:45] {Threei} I would be out of it here faster than drunk sailor is out of saloon upon finding out he has no money to pay for drinks
[10:46] {Roman}
21 :)
[10:46] {Threei} WHITE HOUSE SAYS STRONG Q2 GDP DATA SHOWS THE RESILIENCY OF US ECONOMY
[10:46] {Roman}
21 check STSI
[10:46] {Roman}
21 baster is moving higher
[10:48] {dino} i prefer to call it "creative accounting"
[10:51] {Roman}
21 in FRE 1/2
[11:01] {Threei} ese, did you ever get in CPSL?
[11:03] {Threei} I don't see any fresh news on STSI
[11:05] {Threei} btw... do we send a thank you card to Pickens?
[11:05] {dino} indeed
[11:06] {dino} v sm cme s .15
[11:07] {magoo} new entry area vad CLNE?
[11:07] {Threei} WHITE HOUSE SPOKESPERSON: CURRENTLY EVALUATING PUTTING AN END TO US-RUSSIA NUCLEAR AGREEMENT
[11:07] {Threei} oh great
[11:08] {Threei} not sure yet mags
[11:09] {Threei} kind of 50/50 here
[11:10] {Threei} bounce for a scalp looks too obvious off 17
[11:10] {Threei} I suspect it's going to break down
[11:10] {Threei} shake out those who go for obvious
[11:10] {Threei} then jump back up
[11:11] {Threei} look for something like .80 - .90 range for entry
[11:11] {Threei} there you go
[11:11] {Threei} half lot
[11:11] {Threei} in
[11:11] {Threei} .80, stop under .70
[11:11] {Threei} just a scalp
[11:14] {Threei} I guess I oversat it
[11:14] {Threei} wanted a spike back over 17
[11:14] {Threei} either double bottom here or stop
[11:17] {Threei} yawn
[11:17] {Threei} do something CLNE
[11:18] {Threei} you all asleep?
[11:18] {patience} yes
[11:18] {Threei} okay
[11:18] {Threei} I'll stop talk loud
[11:19] {Threei} (whispering) how about that forecast of 17 breakdown?
[11:19] {Threei} out
[11:20] {magoo} stopped clne
[11:20] {magoo} regret my smackdwn now
[11:25] {Threei} USO is snapback time probably
[11:25] {Threei} watching UAUA for short
[11:26] {Threei} no technicals for the play, just need sharp USO green bar
[11:32] {Threei} getting ready
[11:32] {Threei} if this is double bottom for USO, UAUA should be done
[11:32] {Threei} didn't reach its previous high as USO made new low
[11:36] {Threei} no double bottom so far
[11:38] {dino} .
[11:39] {Threei} good point
[11:40] {Threei} did they cancel hurricane?
[11:40] {Threei} look how UAUA is unable to move up on USO drops anymore
[11:40] {magoo} nothing makes sense anymore
[11:41] {Threei} just need reversal on that slimy environemntally unfriendly liquid
[11:43] {Threei} ok, .75 is closest resistance UAUA for stop placement
[11:43] {Threei} short here
[11:44] {Threei} .65 in
[11:44] {Threei} gotta try it
[11:44] {Threei} shhesh... what's killing oil?
[11:44] {Threei} out UAUA
[11:45] {dino} what happened, hurricane fizzle out
[11:45] {Threei} I guess
[11:45] {Threei} all I see is
[11:45] {Threei} (VZ) VENEZUELAN FIN MIN: PROJECTS 2008 GDP GROWTH AT 6.7%, SPECULATION DRIVING OIL PRICES
[11:45] {Threei} {USO}
[11:45] {Threei} and that's bs
[11:46] {Threei} who cares what that guy thinks
[11:47] {hawkfan4} man, i just covered my oil future short at 116.20 just b4 the giant drop. it's been that kind of week
[11:48] {Threei} that's unreadable hawk
[11:48] {Threei} don't feel bad
[11:48] {Threei} there is no way to see this coming
[11:48] {hawkfan4} i know, but the extra 4k would've been nice :) i thought it was reversing
[11:52] {Threei} what a reversal CLNE
[11:52] {Threei} why didn't we short it lol
[11:52] {Threei} just kidding... never saw clean short setup
[11:52] {Threei} other than 17 break but that was very iffy
[11:52] {dino} stopped cme -1.40 100
[11:52] {Threei} looks readable in retrospect only
[11:53] {Threei} at the moment it was much more like shakout with immediate snapback
[11:53] {esemde} L SUSQ .65 1/2 lot
[11:54] {Roman}
21 still in FRE
[11:54] {Roman}
21 len LEN
[11:54] {Roman}
21 12.68
[11:54] {Roman}
21 long LEN
[11:57] {Roman}
21 buy all ECONOMY IS GREAT AGAIN
[11:58] {Chaeron} long ALL at .09 (teasing) Good morning everyone
[11:58] {esemde} CCCCCHHHHHH!!!!!!!!!
[11:59] {Chaeron} heya Ese :)
[12:00] {Roman}
21 out UAUA
[12:00] {Roman}
21 +.58
[12:00] {dino} gj
[12:00] {esemde} mostly watching.....got burnt FMCN...am cautious
[12:00] {Threei} chaeron :)
[12:00] {Threei} good one Roman
[12:01] {Chaeron} Hi Threei
[12:02] {Threei} DOE: WE ARE READY TO TAP THE SPR IF GUSTAV CAUSES A SEVERE SUPPLY DISRUPTION
[12:02] {Threei} {USO}
[12:02] {dino} sm l chk .40
[12:04] {dino} cybx l .20, stop .99
[12:05] {Threei} OK, another attempt UAUA
[12:06] {Threei} .99 short with stop abpve 11.10
[12:14] {esemde} anybody else sensing that buying on pullbacks is the way to go in this market?
[12:15] {peterg} sounds right
[12:15] {Threei} very much so
[12:15] {Threei} UAUA 1:1, cover half; scalpers take profit
[12:20] {Threei} stop to above 11 for the balance
[12:22] {Roman}
21 alright housing situation is fixed....time to start flipping again......dino + magoo, would you please so kind and give me a discount on one of your seminars "flip for living" or "get rich flipping real estate" any on of the topics is fine
[12:22] {Threei} done UAUA
[12:23] {magoo} i took scalpers exit vad, ty
[12:23] {Threei} good move
[12:23] {Threei} lunch period, things lose momentum
[12:23] {Roman}
21 out FRE -.05
[12:25] {Threei} thinking of CLNE short
[12:25] {Threei} nice bounce into resistance area
[12:26] {peterg} didja:
[12:26] {peterg} ?
[12:27] {dino} lol rfr.
[12:27] {dino} but seriously, i am looking in brunswick county, nc
[12:27] {dino} condos
[12:27] {Threei} peter... I am affraid I need translation
[12:27] {peterg} short clnes?
[12:28] {peterg} clne
[12:28] {Threei} not yet
[12:28] {Threei} thought of .70 breakdown but it dropped too fast
[12:28] {dino} 11700 again dji
[12:29] {dino} 400-11700
[12:29] {dino} 400/11700=3.4%, getting close
[12:32] {dino} vad, remember my monday 11,300 call? we missed by 30 pts, now back to 11700. almost time to drop again
[12:33] {Threei} 30 points in nothing in terms of these numbers... I say you nailed it to the letter
[12:33] {dino} ty
[12:39] {esemde} Out SUSQ.....68 +,03 not goin anywhere this one
[12:40] {Threei} I guess I missed CLNE short
[12:41] {Threei} felt it was right time but precise setup just didn't present itself
[12:41] {peterg} o well--good eye
[12:41] {Threei} it may be but I better keep it open
[12:41] {peterg} :)
[12:43] {Threei} unpatriotic play
[12:44] {Threei} USO long on 93.50 break
[12:44] {Threei} if stays above 93.20
[12:51] {Threei} no follow through
[12:51] {Threei} maybe we need to preserve morning profits and stop trying to squeeze juice out of stone
[12:51] {magoo} too late
[12:52] {magoo} already neg here
[12:52] {esemde} I'll admit that i think i've been trying to do that
[12:52] {peterg} left uso +.11 tks
[12:52] {esemde} ever since i've gotten back from Ontario my trading has bee spoty at best
[12:53] {Threei} stop to .35 USO
[12:53] {esemde} was on a roll before i left but now.....hmmmmmmmm
[12:53] {patience} you know how to fix that don't you ese....
[12:53] {esemde} how
[12:53] {dino} go away again
[12:53] {patience} you need to go to vad's for shish kabob and half dozen shots of vodka with dinner
[12:53] {esemde} that would do it
[12:54] {patience} very much so
[12:54] {esemde} have to go over trades and notes etc.....
[12:54] {dino} vad would've been proud, orange stolie was flowing freely at my house saturday
[12:54] {esemde} see what the difference is
[12:55] {esemde} until then i'm gone for the day.....see tomorow
[12:55] {dino} amr s .12, stop .41
[12:55] {Threei} we are consistently profitable over last two weeks
[12:55] {Threei} boring but in the plus
[12:56] {dino} y
[12:57] {peterg} remind es to change music selection for successful trading
[12:57] {peterg} Dire Straits good today
[12:58] {dino} good choice, we are on classic buzz-alternative
[12:58] {Roman}
21 out LEN
[12:59] {Threei} Tom Waits works for me any day
[13:01] {cosmo} Tom must be a loyal employee
[13:01] {Threei} lol
[13:02] {cosmo} k...back too sleep...
[13:03] {Threei} USO dump
[13:04] {dino} lol
[13:31] {Threei} magoo
[13:31] {Threei} what is it we haven't done yet today, and without which our day is not complete?
06[13:31] * magoo slaps laserdave1 around a bit with a large trout
[13:31] {Threei} chaeron, same question goes for you too
[13:32] {Threei} magoo got it right
[13:32] {dino} chk stop to .84
[13:34] {dino} out chk .94 +.54
[13:34] {Threei} FINL worked for us yesterday... wasn't confidcent enough today to go for another break on it
[13:34] {Threei} a bit too narrow today
[13:36] {dino} celg wants double bottom imo
06[13:39] * Chaeron slaps laserdave1 around a bit with a large trout
[13:39] {magoo} there u go
[13:39] {Chaeron} sorry I was a bit late on that
[13:40] {Threei} you were so late, I already foergot what we were talking about
[13:40] {dino} celg l .11, stop lod
[13:53] {Threei} lars, look dcc please
[13:58] {dino} tighten celg doesn't feel right, to .98
[14:02] {Threei} just one day of torture left
[14:02] {Threei} then things will start picking up
[14:02] {Threei} or down
[14:03] {dino} stopped
[14:04] {Threei} polish vodka recovered a bit today dino
[14:04] {Threei} I assume on all that buying you did for your party?
[14:04] {Threei} volume is quite low though
[14:04] {Threei} maybe forming a flag for the next show to drop
[14:07] {dino} cybx fast fall
[14:08] {dino} lol
[14:09] {dino} i am 0/1 on cybx, but its taunting me
[14:10] {dino} waiting sm at .30
[14:17] {magoo} LASER, dcc when u can
[14:18] {dino} sm l .50 cybx wide
[14:28] {Threei} market needs CPR
[14:29] {dino} ?holding well
[14:29] {Threei} not moving :})
[14:29] {dino} ahh
[14:30] {dino} sort of how i feel
[14:34] {dino} wabc
[14:49] {Threei} looking at USO daily,
[14:49] {Threei} I can't imagine such harsh selloffs for something that is going to go up
[14:49] {Threei} IMO, unless something happens, this thing is bound to continue daowntrend
[14:50] {Threei} and it's hard to imagine what that "something" could be
[14:50] {Threei} Gerogia war didn't propel it,
[14:51] {Threei} neither did unrest in Pakistan,
[14:51] {Threei} hurricanes is bs, IMO
[14:52] {Threei} (as an reason for oil to go up that is)
[14:52] {dino} well today it was bs
[14:55] {magoo} vad, power upward into bell iyo?
[14:56] {Threei} truly no idea
[14:56] {Threei} Zoom Airlines sincerely regrets to advise its customers that it has suspended operations with effect from 18:00 UTC on Thursday 28 August.
[14:56] {Threei} All flights scheduled to depart from have been cancelled and Zoom's aircraft have been grounded.
[14:56] {Threei} another one bites the dust
[14:58] {Threei} I mean, it's just a lame excuse, dino... hurricanes were there always
[14:58] {Threei} oil never reacted on them really until this whole price runup started
[14:59] {dino} i agree
[14:59] {dino} and today not acting on them either
[14:59] {fernp} TSN is a valid dbi, Vad?
[15:00] {Threei} chart's right, just a bit narrow
[15:00] {fernp} ty
[15:11] {fernp} out TSN +.11
[15:11] {Threei} good one
[15:11] {fernp} :)
[15:19] {fernp} see you all tomorrow.
[15:20] {Threei} take care fern
[15:20] {dino} cya fernp
[15:35] {Threei}
Short Setup:
0,4 CLNE .50 breakdown if stays below .65
[15:35] {dino} cov amr .04 +.07
[15:35] {dino} 08
[15:37] {dino} ok gotta hop, baseball game. out cybx .40 -.10 lousy entry
[15:37] {Threei} take care dino
[15:44] {Threei} LADENBURG'S BOVE REITERATES LEH COULD BE BOUGHT ANYTIME NOW; RECOMMENDS COMPANY AS A BUY DESPITE ITS NEGATIVE Q3 OUTLOOK
[15:44] {Threei} - Reiterates he believes its likely a hostile takeover will occur
[15:48] {Threei} CLNE invalidated
[15:50] {Threei} 19 US companies are banned from food suppied to Russia for 'safety reasons"
[15:53] {peterg} bye guys cu you tmo
[15:54] {Threei} Ok guys
[15:54] {Threei} than k you all
[15:54] {Threei} have a good evening, see you tomorrow
Thursday, August 28, 2008
Wednesday, August 27, 2008
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
[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
Tuesday, August 26, 2008
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
[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
Monday, August 25, 2008
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
[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
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