[08:22] {magoo} good morning vietnammmmmmmmm!!!!!!!!!!!!!!!!!
[08:22] {magoo} certainly been a war of late lol
[08:23] {Threei} good morning :)
[08:23] {Threei} WB
[08:23] {Threei} CEO: CONFIDENT THAT THE COMPANY IS NOW TAKING STEPS IN THE RIGHT DIRECTION
[08:23] {Threei} - Notes 87% of people affected by cuts have been notified so far
[08:24] {Threei} oil is gapping down... again
[08:29] {magoo} aapl event today..release of new products {ipod} i believe
[08:29] {magoo} news say what time vad?
[08:31] {Threei} all I see is Sony launching music service
[08:31] {Threei} and ERTS saying new game will be available on iphone
[08:32] {Threei} tech sector is incredibly weak
[08:32] {Threei} that was what supressed nasdaq yesterday
[08:33] {Threei} even though Dow ended green losing half of the gap, Nasdaq actually managed to go back in red
[08:33] {magoo} i know, cnbc talking about the rally yesterday..but naz red
[08:34] {magoo} but positive about aapl event today
[08:35] {Threei} in this climate, it will be dumped into
[08:35] {Threei} look at it right now
[08:35] {Threei} NQ's up 6.25
[08:35] {Threei} AAPL'a down 80 cents
[08:35] {Threei} and everyone knows about event, no?
[08:35] {magoo} so..pop off news posible and sold?
[08:36] {Threei} but it's not even news anymore if it's preannounced
[08:36] {Threei} I'd say, non-event
[08:36] {magoo} true,...hey, could u check see if bidu news out there?
[08:37] {Threei} 08/13/08 01:01pm [BIDU] Hearing Citigroup making positive comments (timing uncertain)
[08:37] {Threei} that's all
[08:38] {Threei} at this point, it's just a general sector weakness for all of them
[08:39] {Threei} until money flow reverses, no mediocre news events will help
[08:40] {Threei} thumb through the techs charts
[08:40] {Threei} BRCM, NVDA, RIMM, AAPL, KLAC
[08:41] {Threei} see?
[08:41] {cosmo} QGEN pre mkt high = 20.50 so far
[08:42] {cosmo} no news
[08:43] {Threei} - Energy: Saudi Arabia Oil Min Naimi noted that his country has been working hard since June to raise its production output to help bring prices to current levels. Saudi reiterated that the market remains adequately well balanced. OPEC President Khelil stated that there was no need for production cuts at this time and noted that prices would continue to decline even if OPEC cut supply. The Iranian OPEC Gov says some OPEC Members see the need for quota adherence. A Libya says general mood in OPEC focuses towards enforcing compliance, not a cut in output ceiling. Libya stated that the world could cope with oil at $100 per barrel. The National Hurricane Center noted that Hurricane Ike was weakening and currently a category 1 storm. Ike was Expected to be in the South-Eastern Gulf of Mexico on Wednesday.
[08:44] {cosmo} knee?
[08:44] {Threei} ?
[08:45] {Threei} WB CEO: "EXCEEDINGLY OPTIMISTIC" ABOUT OUR OUTLOOK
[08:45] {Threei} uh oh
[08:45] {cosmo} need?
[08:46] {Threei} exceeding optimism is an ominous sign
06[08:46] * Threei is bidding WB at 10 cents
[08:52] {magoo} WM active this morn..neg
[08:52] {magoo} FUL down 4
[08:52] {Threei} all fins in the red
[08:53] {magoo} u ever play SKS?
[08:53] {magoo} SKF
[08:53] {Threei} no
[08:53] {cosmo} UAUA
[08:57] {Onix} good morning all
[08:57] {Threei} Onix :)
[09:04] {Threei} 09/08/08 05:00pm
[09:04] {Threei} [EFUT] Efuture Information Technology Inc. Reports Q2 $0.35 v $0.00 y/y, R$3.5M (+104% y/y) (no est)
[09:04] {Threei} - Guides FY08 Rev $19M-$20M (no est)
[09:04] {Threei} - Backolg $6.1M
[09:04] {Threei} - Gross Margin 57.1% v 54.1% y/y
[09:09] {fernp} Good morning all
[09:09] {Threei} fern :)
[09:09] {peterg} gm all
[09:09] {Threei} peter :)
[09:10] {Threei} so far GSE bailout is not killing USD as was widely expected
[09:10] {Threei} if these morons manage to save financials without killing USD, I will be very impressed
[09:11] {Threei} would be even more impressed if they had enough brain power to avert such crises instead of putting fires out when whole forrest is burning
[09:12] {Threei} I mean... was there any bubble in the past that was so clearly bubble, as housing? every shoeshiner, and even CNBC commentators said it was a bubble
[09:13] {Threei} even tulips were not that transparent
[09:14] {dptl} good morning all
[09:14] {Threei} dp :)
[09:15] {magoo} vad, whats symbol for naz?
[09:15] {Threei} hmm?
[09:15] {Threei} what do you mean?
[09:16] {Threei} futures? composite? doble short?
[09:17] {tomg} gm all
[09:17] {Threei} tom :)
[09:18] {dino} gm all
[09:18] {Threei} dino :)
[09:18] {Threei} be back in 5
[09:27] {Threei} LEH dump
[09:27] {Threei} 07/15 low is not that far
[09:30] {Threei} looking for spike to short
[09:31] {magoo} prob a bounce play now
[09:31] {Threei} yeah, don't want to chase...
[09:33] {Threei} missed
[09:34] {Threei} thought of .80 break as a short
[09:34] {Threei} morning spikes were concern
[09:34] {Threei} easy to get caught
[09:34] {magoo} a bounce somewhere
[09:36] {judijim} good morning all
[09:36] {Threei} jj :)
[09:37] {Threei} US INTELLIGENCE AGENCIES NOTE THEIR BELIEF THAT KIM JONG IL HAS SUFFERED A STROKE
[09:37] {dino} good
[09:38] {Threei} .21 long if holdong .10
[09:38] {Onix} leh?
[09:38] {Threei} yes
[09:39] {Threei} keep stop religiously
[09:39] {Threei} if losing .10, dump has potential of catastrophic
[09:39] {Threei} 1:1
[09:40] {dino} apol sm s .00
[09:40] {Threei} now short on .10 breakdown
[09:40] {Threei} stop about .25
[09:41] {Threei} invalidating level .40
[09:41] {Threei} if holding half from first entry, hold it
[09:41] {Threei} stop is the same
[09:42] {dino} apol stopped -.38
[09:43] {Threei} look to dump second half here
[09:43] {magoo} out long now..got lucky
[09:43] {magoo} .54
[09:43] {magoo} from .21
[09:43] {Roman} wow
[09:43] {Threei} good
[09:43] {magoo} scared me
[09:43] {Threei} KOREAN FINANCIAL SERVICE DENIES THAT TALKS HAVE ENDED BETWEEN LEH AND KDB
[09:43] {Threei} this is what sent it flying
[09:43] {magoo} was gonna cover and short in one stroke at loss of .10
[09:44] {Threei} earlier was reported that they are not interested
[09:44] {magoo} as in sell double position
[09:44] {Threei} that would be a way to go if it lost .10
[09:44] {magoo} yeah..cover and become short in one fill
[09:45] {Threei} Short Setup: BRCM .34 if stays below .50
[09:45] {dino} fmcn sm l .30
[09:47] {Threei} NVDA
[09:47] {Threei} TICKING HIGHER ON RENEWED TAKEOVER CHATTER
[09:47] {Threei} - Lenovo rumored as potential acquirer
[09:47] {dino} ilmn sm l .92
[09:48] {Threei} OK, first one was good on LEH
[09:48] {Threei} want to let it define a range now
[09:48] {Threei} .50 is a support to hold from this moment on
[09:48] {_csepulve33} good morning!
[09:49] {Threei} .70 - .75 area to break
[09:49] {Threei} csepulve :)
[09:49] {Threei} let's try half lot long on .70 break
[09:49] {Threei} stop under .50
[09:50] {Threei} see how .70 rejects it?
[09:50] {Threei} good entry for long if breaks
[09:50] {Threei} BRCM invalidated
[09:51] {magoo} sh rimm here sm .62
[09:53] {magoo} stop .02
[09:53] {Threei} over 1:1
[09:53] {Threei} half out
[09:53] {Threei} scalpers be happy
[09:53] {tomg} ty vad
[09:53] {Threei} welcome sir
[09:54] {magoo} stopped
[09:54] {Onix} ty Vad, not so scary this time
[09:54] {Threei} yeah, as morning volatility gets exhausted they become easy somewhat
[09:54] {Threei} unless chicago tribune publishes news from 1929
[09:55] {Threei} who kept half, offer if about 13.20
[09:55] {Threei} while trailing stop to .65
[09:55] {Roman} long SIRF 2.36-37
[09:57] {Threei} Short Setup: CSIQ .80 half lot
[09:58] {Threei} over 25.05 invalidated
[09:58] {magoo} CSIO or CSIQ?
[09:58] {magoo} red cant tell
[09:58] {Threei} CSIQ
[09:59] {magoo} ty
[09:59] {_csepulve33} here we go on CSIQ
[10:00] {Threei} JULY PENDING HOME SALES (M/M): -3.2% V -1.5%E
[10:00] {Threei} JULY WHOLESALE INVENTORIES: 1.4% V 0.7%E
[10:00] {Threei} 1:1 easy
[10:01] {Threei} feel free to cover as you see fit
[10:01] {Threei} I am out .45
[10:01] {tomg} good one vad,ty
[10:02] {Threei} welcome
[10:02] {_csepulve33} vad, wonderful play on CSIQ
[10:02] {Threei} fast and easy
[10:02] {Threei} just as we like'em
[10:05] {Threei} Short Setup: LEH .50 breakdown if stays under .70
[10:05] {Threei} let's keep it to half lot
[10:08] {Threei} AAPL low volume pullback
[10:08] {magoo} in leh .52
[10:09] {Threei} just a scalp mags
[10:09] {Threei} AAPL small shares long on 158 cross back
[10:09] {magoo} cover .38 TY
[10:10] {dino} sm l isys .96
[10:11] {Threei} market dump
[10:17] {dino} fmcn stopped -.36
[10:19] {dino} out ilmn .86, +.90
[10:19] {dino} .94 i mean
[10:22] {dino} v sm l skf .50
[10:24] {Onix} ty for AAPL Vad
[10:27] {Threei} sure
[10:27] {Threei} MOVES BELOW $12, LOWEST SINCE AUG 1999
[10:27] {Threei} LEH
[10:28] {Threei} why didn't we short .10 break, could anyone tell me?
[10:28] {dino} out skf 50, +1.00
[10:31] {dino} hmmm, no takers
[10:31] {Threei} we are full of envy
[10:31] {dino} yeah, that'll be the day
[10:32] {Threei} LEH has this look "short me wherever"
[10:34] {Threei} not easy to time it but it feels like bottomless pit today
[10:35] {Threei} 11 is total possibility
[10:37] {Threei} .50 shapes up as a short trigger
[10:37] {dino} v sm s skf .60
[10:37] {Threei} why did we ever cover CSIQ?
[10:38] {magoo} why i cover LEH:)
[10:39] {Threei} yeah
[10:42] {Threei} action is jerky and listless right now, waiting for something to shape up
[10:44] {dino} indeed
[10:48] {dino} stopped kkf -.60
[10:50] {dino} skf
[10:52] {Threei} here comes 11 LEH
[10:52] {Onix} ty for LEH Vad, got 30c
[10:52] {dino} v sm last try skf l .00
[10:52] {Threei} direct hit 11
[10:52] {Threei} [10:35] {Threei} 11 is total possibility
[10:53] {Threei} welcome Onix
[10:53] {magoo} nice read
[10:53] {Threei} mama mia
[10:53] {magoo} u just didn't want magoo to make the big bux
[10:54] {Threei} why not? I said .50 short trigger
[10:55] {tomg} ty leh, vad, cover?
[10:55] {magoo} teasing
[10:56] {magoo} feels like 8 possible
[10:56] {Threei} tom... no idea honestly
[10:56] {Threei} bottomless
[10:56] {tomg} k, ty
[10:56] {Threei} cover and be happy
[10:56] {tomg} ok
[10:56] {magoo} i said that at 10
[10:56] {magoo} its 8
[10:57] {Threei} [10:32] {Threei} LEH has this look "short me wherever"
[10:57] {dino} skf stop to 109.00
[10:57] {Threei} just how frikin true was that
[10:57] {magoo} panic vad
[10:58] {magoo} vad, look at low he he
[10:58] {Threei} great feel
[10:58] {dino} stopped +2.00
[11:00] {Threei} you out tom?
[11:00] {tomg} yes, ty vad
[11:00] {Threei} dino... +2 is not stopped :)
[11:02] {dino} lol, well it hit my stop :)
[11:02] {Threei} I know... it's just word stopped is loaded with negative connotation :)
[11:03] {magoo} amazes me is dino trades in dollar scalps
[11:04] {dino} reverse your thinking (as you taught me). stops are good
[11:04] {Threei} matter of taste mags... one likes watermelon, another likes roasted pig tails
[11:05] {magoo} what theeeee????
[11:05] {magoo} confusing mags
[11:06] {dino} pork rinds
[11:06] {Threei} 10 break was long according to chart but I really didn't want to get you into that
[11:06] {Threei} risk is enormous
[11:06] {Threei} look at POT
[11:06] {Threei} sheesh
[11:08] {dino} say no to drugs vad
[11:08] {Threei} lol
[11:08] {dino} march support 134, then jan 107ish
[11:09] {dino} ma messing w/yesterdays' lod
[11:11] {dino} cyn sm s .20
[11:13] {Threei} LEH
[11:13] {Threei} REPORTEDLY DISCUSSIONS WITH KDB HAVE ENDED; ALSO DISCUSSING OPTIONS WITH STRATEGIC INVESTORS, THE RESULTS OF WHICH WILL BE ANNOUNCED NEXT WEEK
[11:13] {Threei} - note: conflicts with the earlier report stating talks with KDB continue
[11:13] {Threei} nor fresh
[11:15] {Threei} SPOKESPERSON DECLINES COMMENT ON SHARE PRICE ACTION THIS MORNING
[11:18] {Threei} can I comment for him?
[11:18] {Threei} LEH HEARING DEFENDED AT CITIGROUP (TIMING UNCERTAIN)
[11:18] {Threei} lol
[11:26] {dino} cyn stopped -.37
[11:29] {Threei} tough decision... LEH chart gave long signal a few times but I just can't bring myself to do it
[11:32] {magoo} i'll do it..where?
[11:32] {Threei} off 10
[11:32] {Threei} chart says so... but if any news hits...
[11:34] {Threei} retest is not very good
[11:36] {Threei} I don't know mags... eaither keep stop under 9.90 or just cut it lose on this spike
[11:36] {Threei} no way to tell
[11:37] {magoo} ok
[11:37] {magoo} vad, any recent news goog
[11:38] {Threei} nothing worth mention
[11:41] {magoo} than dont mention it lol
[11:42] {magoo} out leh flat
[11:42] {magoo} scaring me
[11:43] {Threei} can't blame you
[11:43] {Threei} this is the situation where any line in the news can send it either way in a hurry
[11:45] {dino} sm l ilmn .21
[11:47] {Threei} we had a very good morning. I intend to switch if profit preservation mode, becoming very picky and controlling risk tighter than KGB controls lose cannon journalists
[11:47] {Threei} if = to
[11:47] {Chaeron} lol... GM all
[11:47] {Threei} chaeron :)
06[11:48] * magoo slaps Chaeron around a bit with a large trout
[11:48] {Threei} LEH
[11:48] {Threei} FED DECLINES COMMENT ON SHARE PRICE DECLINE
[11:48] {magoo} like they can control that
[11:48] {Threei} can it be read as "it's not deemed too big to fail"?
[11:48] {magoo} not confidence inspiring
[11:49] {magoo} news RIMM vad?
[11:49] {Threei} nope
[11:52] {magoo} good out leh huh?
[11:52] {Threei} oh yeah
[11:53] {Threei} this is not a time to be sloppy with stops
[12:01] {magoo} sh rimm small .90
[12:01] {Threei} LEH
[12:01] {Threei} SEC DECLINES COMMENT ON SHARE PRICE ACTION
[12:01] {Threei} hmmm
[12:01] {Threei} I want top see PETA declining to comment in share price action
[12:01] {Chaeron} they're next up on the list aren't they?
[12:03] {Threei} well, when weak animal is being thrown out on predators mercy, don't you expect PETA to express their opinion?
[12:04] {magoo} wait .69
[12:06] {magoo} stop .17
[12:06] {magoo} small
[12:07] {magoo} not cutting .69
[12:07] {magoo} lower feels
[12:10] {dino} out ilmn +1.00 at .21
[12:10] {dino} wow, what a spike
[12:10] {dino} now that was luck
[12:11] {Threei} no kidding
[12:11] {dino} all that clean living
[12:11] {Threei} lol
[12:12] {dino} payback for yesterdays uaua f job
[12:13] {magoo} covered rimmhere .39
[12:13] {magoo} 12:01] {magoo} sh rimm small .90
[12:14] {dino} gj
[12:20] {Threei} hmm... LEH break of 9...
[12:20] {Threei} hard to tell guys
[12:20] {Threei} on your own discretion
[12:20] {Threei} looks tempting
[12:20] {Threei} risk sure is big
[12:21] {Threei} 9.15 upper limit
[12:21] {Threei} maybe modest shares
[12:23] {Threei} the longer it can't break over .15 the better breakdown setup is
[12:23] {Threei} broke... off for now
[12:24] {Threei} on again
[12:24] {Threei} lol
[12:25] {Threei} HOUSE MAJORITY LEADER DISCUSSING PROVIDING FUNDS FOR AUTO INDUSTRY
[12:25] {Threei} {GM F}
[12:25] {Threei} GM spike
[12:26] {Threei} had enough of bailouts yet?
[12:27] {Threei} - Discussions focus on providing $25B in loans. Notes timing has not been settled on, but that the amount could rise
[12:27] {dino} algt
[12:29] {Threei} heat increases on LEH
[12:30] {dino} at this rate the gov't will own everything in a year.
[12:30] {dino} they need to let them fail or file bankruptcy
[12:31] {Threei} no kidding
[12:31] {Threei} moral hazard full blast
[12:31] {dino} cracks me up, most of upper management keeps their jobs too. what the heck, they got us into these messes
[12:33] {dino} i know, lets' wipe out the suckers "(shareholders) and keep our jobs
[12:34] {Threei} really amazes me
[12:34] {Threei} poor Ayn Rand
[12:34] {Threei} everything was in vain
[12:34] {dino} and the politicians claim the are for the little guy....seems to me the little guys' pension/retirement plans/mutual funds, are getting the brunt of it
[12:35] {Threei} that was major claim that excused all the action that runied the country in the book I just referred to
[12:35] {Threei} little guys have to be given a chance
[12:36] {Threei} first who names the book obtains a prize to be determined yet
[12:36] {peterg} atlas shrugged
[12:36] {Threei} hint: Who is John Galt?
[12:36] {dino} and big guys need to be thrown out, without golden parachutes, when they mess up
[12:36] {Threei} peter :)
[12:36] {peterg} fountainhead
[12:36] {dino} geeze, fnm, fre ceo's are getting millions to walk
[12:36] {dino} why!!!!!!!!!!!!!!!!!!!!!!!!
[12:37] {peterg} Former head of home depot, now chrysler
[12:37] {peterg} my favorite hit man
[12:37] {peterg} whats his name
[12:37] {peterg} toxic jerk
[12:37] {Threei} umm
[12:38] {Threei} which of these is first name and which is lasdt
[12:38] {magoo} calm down dino
[12:38] {peterg} Narcussus?
[12:38] {magoo} ranyting here
[12:38] {peterg} Nardelli
[12:38] {peterg} lol vad
[12:39] {dino} i know, but when i mess up, i take a hit, they get rewarded
[12:39] {peterg} s*** runs downhill
[12:40] {peterg} little guys get it for Abi Gharaib
[12:40] {peterg} want to see Cheney behind bars
[12:40] {peterg} I have only just begun to rant
[12:41] {Threei} I just want to stay away from hunting with him
[12:41] {peterg} famous patriot admiral so an so's statement, John Paul Jones
[12:41] {peterg} good idea
[12:42] {Threei} OK LEH
[12:42] {magoo} hes nothing..u should hunt with our club lol
[12:42] {Threei} feel free to start covering
[12:42] {Threei} IMO, it's not done dropping
[12:43] {dino} isys stop to .40
[12:52] {Threei} what does this mean:
[12:52] {Threei} LEH
[12:52] {Threei} US TREASURY NOTES THAT THEY STAY IN TOUCH WITH WALL STREET FIRMS ON A REGULAR BASIS
[12:53] {dino} they have been loaning all the brokers money since april 3i, discount window
[12:53] {Threei} yes
[12:53] {dino} thats what it means
[12:53] {dino} they are watching and scared
[12:54] {Threei} ok... you are good at this, and I think I know why
[12:54] {Threei} you have to decode magoo=speak every day
[12:54] {Threei} can't be easy
[12:54] {dino} lol
[12:54] {magoo} that does it
[12:54] {Threei} and sure is great training
06[12:54] * magoo slaps Threei around a bit with a large trout
[12:54] {Threei} hehe
[12:54] {Threei} I know I walked right into it
[12:54] {dino} i just don't trust.....simple as that
[12:57] {Threei} who is/was bigger, BSC or LEH?
[12:57] {Threei} anyone knows?
[12:57] {magoo} leh my guess
[12:58] {magoo} who bigger?vad or dino anyone
[12:58] {Threei} so... too big to fail still applies?
[12:58] {dino} bsc
[12:59] {dino} isys to .49
[13:00] {dino} out isys .49, +.53
[13:04] {Threei} IRANIAN OIL MINISTER: WOULD AGREE IF OPEC REACHES CONSENSUS TO HOLDING OUTPUT STEADY
[13:07] {dino} iclr sm l .80, thin
[13:08] {magoo} vad..u think we goping green
[13:09] {dino} what does it matter?
[13:13] {Threei} doubt it
[13:13] {Threei} (EU) FRENCH FINANCE MIN LAGARDE: EU SHOULD HAVE A COORDINATED RESPONSE TO HIGH ENERGY PRICES
[13:13] {Threei} - The worsening economic outlook is a challenge for the entire EU.
[13:14] {Threei} read: we need to think of less dependancy on Russia
[13:15] {dino} which reads: more nuclear, as its the french
[13:19] {Threei} you think you know everything about how stupid people can be? read this then:
[13:19] {Threei} http://www.telegraph.co.uk/news/worldnews/europe/france/2712363/French-President-Nicolas-Sarkozy-friend-says-911-was-a-lie.html
[13:27] {magoo} man..another smack down
[13:27] {dino} ok, who's on natural gas for home heat? and do you like it. conversion cost about $2100
[13:28] {Threei} look at AAPL mags
[13:28] {Threei} just announced that launch
[13:28] {Threei} and got killed
[13:28] {Threei} jujst as I said it would
[13:29] {magoo} u know..your comments kept me out thisa morning andd all day..thanx
[13:29] {dino} hmmm, now i know somebody uses gas
[13:30] {Threei} lol
[13:35] {dino} tighten iclr to .66, no mkt help
[13:35] {dino} brb
[13:42] {magoo} rimm outta catch up in the crash departmt
[13:43] {magoo} vad AAPL
[13:43] {dino} ouch fwlt
[13:45] {Threei} I doln't even want to try mags
[13:45] {Threei} it's a recipe for many stops
[13:47] {magoo} no i meant holy shit
[13:47] {Threei} that I agree with
[13:48] {magoo} seriously..i thought it was ready for big up day after recent tech pounding..good read/call
[13:48] {Threei} techs are too out of favor still
[13:48] {dino} iclr stopped ave. .68, -.12
[13:48] {magoo} rimm still could reach 99 today NOT A TRADE CALL
[13:49] {magoo} f it..sh rimm .20 200 shares
[13:51] {magoo} out
[13:51] {magoo} had too
[13:52] {Threei} you gotta do what you gotta do
[13:52] {magoo} luynch money
[13:52] {Threei} lynch money??
[13:52] {Threei} dino, who does he lynch for money?
[13:52] {dino} dk, but i'm looking for my wallet
[13:53] {Threei} you better
[13:53] {Threei} watch your back too
[13:53] {magoo} those ropes dont last forever vad he he
[13:53] {dino} all of the sudden that life policy comes to mind
06[13:53] * Threei slaps laserdave1 around a bit with a large trout
06[13:53] * magoo slaps laserdave1 around a bit with a large trout
06[13:53] * magoo slaps Roman around a bit with a large trout
06[13:54] * magoo slaps patience around a bit with a large trout
06[13:54] * magoo slaps _csepulve33 around a bit with a large trout
[13:54] {patience} good morning to you as well magoo :)
[13:54] {magoo} :)
[13:55] {dino} algt sm s .86, stop .21
[13:57] {laserdave1} market still nuts
[13:58] {Threei} cashews and almonds
[13:58] {laserdave1} leh
[13:58] {laserdave1} are they going bankrupt?
[13:59] {dino} the way of bear sterns it looks like
[14:06] {dino} watching axys
[14:06] {dino} and afam
[14:08] {magoo} styock holders afraid LEH will go to zero..the've seen it before
[14:08] {Threei} XOMA
[14:08] {Threei} RECEIVES 6 YEAR $65M BIODEFENSE CONTRACT TO ADVANCE DRUG CANDIDATES AGAINST BOTULISM TOXINS INTO CLINICAL TRIALS
[14:08] {Threei} - Note Co reports approx $80M in annual revenues
[14:08] {Threei} - The contract is the third that NIAID has awarded to XOMA for the development of botulinum antitoxins and brings the program's total to nearly $100M
[14:08] {laserdave1} if leh gets under 8.90 watch out bleow
[14:09] {dino} cov algt .44, +.42
[14:09] {dino} correct that slipped to .49, +.38
[14:14] {laserdave1} leh is just nuts
[14:14] {laserdave1} no call now
[14:14] {magoo} vad..we shouild watch qid as a short
[14:15] {laserdave1} i will short if it breaks 8.80 now
[14:16] {Threei} why mags?
[14:16] {Threei} you think it's bounce time?
[14:16] {magoo} i feel a q bounce forthwith
[14:16] {laserdave1} i have bid leh in case big bar down
[14:16] {laserdave1} 8.31 to cover
[14:17] {_csepulve33} maybe more selling pressure on SP
[14:18] {laserdave1} leh just cut through massive size at 8.75 like butter
[14:18] {laserdave1} this thing is nuts
[14:18] {magoo} i took it
[14:18] {Threei} good call dave'
[14:19] {magoo} covered .67
[14:19] {laserdave1} thanks i have cover at .31 in case big bar down
[14:19] {laserdave1} i figure it will get support around 8$
[14:19] {laserdave1} my low of day on laser says 8$
[14:19] {laserdave1} but hard to tell on chart
[14:20] {laserdave1} out half
[14:20] {laserdave1} dont want to see it goto waste
[14:21] {laserdave1} other half still .31
[14:21] {laserdave1} if it breaks .50 should get the fill
[14:23] {laserdave1} if .65 becomes bid i am geting out
[14:24] {laserdave1} out all now
[14:24] {laserdave1} still might go down
[14:24] {laserdave1} but needed that one
[14:32] {Threei} FNM eh?
[14:32] {dino} axys sm l .25
[14:34] {_csepulve33} more selling on spy
[14:37] {Threei} HEAD OF PAKISTANI AL-QAEDA KILLED BY MISSILE - CNN
[14:37] {dino} good
[14:38] {dino} cetv
[14:38] {magoo} remember when that would move markets
[14:38] {Threei} yeah, no kidding
[14:43] {dino} gap fill cme
[14:44] {dino} dji 11241 area for gap fill
[14:49] {dino} cetv partial fill l .30
[14:49] {dino} risky, like a hot knife though butter
[14:51] {dino} i guess we are back to the daily 300 pt range
[14:55] {_csepulve33} down again spy
[14:57] {laserdave1} violence LEH againd
[14:59] {Threei} 8.27 low so far
[14:59] {Threei} 8 is coming?
[15:01] {laserdave1} i think so
[15:01] {laserdave1} relentless pressure
[15:02] {Threei} SAUDI OIL MINISTER: OIL MARKET IS UNDER THE SWAY OF FUNDAMENTALS, WOULD SUPPORT A NOVEMBER MEETING IF OPEC AGREES TO ONE
[15:02] {Threei} - Not concerned by the fall in oil prices.
[15:02] {Threei} - Sees no need for concern about over supply until early next year.
[15:02] {Threei} - Extra Saudi crude helped avoid a worse oil shock.{USO}
[15:02] {Threei} here we are
[15:02] {laserdave1} LEH extreme violence
[15:02] {Threei} awww
[15:02] {Threei} covered too soon again
[15:04] {laserdave1} me too
[15:04] {laserdave1} haha
[15:04] {laserdave1} so hard with the volume like this
[15:04] {laserdave1} do i here 7$ anyone
[15:04] {laserdave1} i am not calling that
[15:04] {laserdave1} just saying it could go there
[15:04] {laserdave1} i am flat
[15:05] {magoo} 6.89
[15:33] {dptl} have a good evening all:)
[15:33] {Threei} take care dp
[15:35] {dino} cya dp
[15:42] {Threei} gosh LEH... what a finish
[15:45] {Threei} can you imagine what happens in offices of LEH and all involved today?
[15:46] {Threei} T. BOONE PICKENS: EXPECTS DEMAND TO RESPOND TO LOWER PRICE, OIL WILL STAY ABOVE $100/BBL - CNBC COMMENTS
[15:46] {Threei} {USO}
[15:46] {Threei} uhhu
[15:47] {dino} i imagine they are talking to gs
[15:47] {Threei} CFTC REPORTEDLY CONSIDERING THE MANDATE FOR BANKS TO REPORT ENERGY SWAPS TIED TO ENERGY FUTURES - UNCONFIRMED REPORT
[15:49] {judijim} we'll be back tomorrow, have great rest of the day
[15:50] {Threei} take care jj :)
[15:57] {Threei} lordy.. oil 102??
[16:00] {Onix} take care all, bye
[16:01] {Threei} thank you all
[16:01] {Threei} very nice day
[16:01] {Threei} have a great evening
[16:01] {Threei} see you tomorrow
[16:01] {peterg} so long
[16:01] {dino} well, gap filled
[16:04] {magoo} ty vad
Tuesday, September 9, 2008
Monday, September 8, 2008
Sep 08 2008
Session Time: Mon Sep 08 00:00:00 2008
[08:26] {magoo} morning
[08:30] {Threei} CLNE
[08:30] {Threei} TO ACQUIRE FUELMAKER, NATURAL GAS FUELING APPLIANCES MAKER FROM HONDA
[08:30] {Threei} Good morning
[08:31] {magoo} hi vad
[08:31] {Threei} do you have any other words this morning but "holy mackerel"?
[08:32] {magoo} really...i tried to get in office to beat that big gap
[08:32] {magoo} but it hit aroiund 8 am
[08:32] {magoo} got here 8.20
[08:32] {Threei} you wouldn't anyway
[08:32] {Threei} things just open where they are
[08:33] {Threei} unless you were long from Fri close, it's a waste
[08:33] {esemde} morning...wow DJ up 2 billion
[08:33] {Threei} ese :)
[08:34] {esemde} can't recall the last time I saw it up like that.....on sunday even .....261pts
[08:34] {esemde} morning vad.....nice day here yesterday
[08:34] {Threei} well... these are times with probably no precedent
[08:35] {Threei} gorgeous weather
[08:36] {esemde} yes indeed ...lending people money who don't have the ability to pay it back.....
[08:38] {Threei} and then bailing lenders out with money of those who still can pay
[08:39] {Threei} WB looks the strongest among financials
[08:39] {esemde} they would have flunked the finance classes that i took anyway.....
[08:40] {Threei} my perception is, it's not even about finance
[08:41] {Threei} it's about major philosophy/ideology
[08:41] {Threei} it's a capitalism vs socialism issue
[08:42] {esemde} hmmmmmmm you've got me there....how do you figure
[08:42] {Threei} well... we let people and companies live with the outcomes of their own decisions,
[08:42] {esemde} yes that should be what happens
[08:43] {Threei} or we invoke govt's power to take money from responsible and bail out irresponsible
[08:43] {esemde} got it...
[08:43] {Threei} first is capitalism, second is redistribution of wealth on the base of need,
[08:43] {Threei} granted unearned to those who didn't esrned
[08:43] {Threei} earn
[08:46] {esemde} wachovia hasn't really been in as much trouble as some of the other banks has it
[08:46] {Threei} I guess
[08:46] {Threei} all banks gap up but most retreat a little
[08:46] {Threei} not WB
[08:47] {brian3579} gm all
[08:47] {Threei} brian :)
[08:47] {esemde} Life of brian....good morning
[08:48] {magoo} i don't see it..if i stop paying my mortgage today the gov't isn't going to save my home for me..or is it?
[08:48] {esemde} vad will.....???
[08:49] {Threei} lol
[08:52] {Threei} FRE/FNM are halted till market open
[08:53] {Threei} 07:00am [ALTI] Altair Nanotechnologies Develops Revolutionary Battery for U.S. Navy
[08:55] {esemde} How bout Detroit Electric making a comeback....read the story on the weekend.....will be producing electric cars
[08:56] {brian3579} I got engaged this weekend is it normal for her to keep walking by the computer and checking my account balance?
[08:56] {esemde} in Belgium???Holland???
[08:56] {esemde} ha ha ha ha
[08:56] {Threei} lol brian
[08:56] {Threei} congratulations anyway :)
[08:56] {brian3579} ty
[08:56] {esemde} congrats for sure!!!
[08:57] {cosmo} BIOD
[08:57] {esemde} come on a honey moon to Victoria BC
[08:57] {brian3579} sounds good
[08:58] {Threei} 03:00am [BIOD] Releases preliminary results of pivotal {hase III clinical trials for VIAject
[08:58] {Threei} nice haircut
[08:59] {cosmo} it needs 8 (soon) on the bounce
[09:01] {cosmo} hmmm...looks more like a beheading...
[09:03] {Threei} ABK
[09:03] {Threei} RECEIVES REGULATORY APPROVAL TO SUPPORT OBLIGATIONS OF ITS INVESTMENT AGREEMENT BUSINESS
[09:03] {Threei} - State of Wisconsin, Office of the Commissioner of Insurance (OCI) has approved up to $1 billion in future intercompany asset sales and secured lending transactions between Ambac Assurance Corp. (Ambac Assurance) and its Investment Agreement business affiliates which when combined with an existing approval of $200 million in secured lending transactions will enhance the liquidity within Ambac's financial services segment. Any transactions undertaken pursuant to these approvals will be executed on an arms-length basis and in accordance with Ambac Assurance's investment guidelines.
[09:05] {esemde} wow biod...huge plunge ...this one is for dino for sure
[09:07] {cosmo} BIOD: ...announces reliminary results of pivotal Phase III clinical trials for VIAject; meets primary endpointBriefing.com(Mon 7:30am)
[09:07] {peterg} gm all, congratulations ese!
[09:08] {Threei} peter :)
[09:08] {cosmo} ETFC pre mkt high = 3.73 fwiw
[09:09] {Onix} gm all
[09:09] {Threei} onix :)
[09:11] {pita} gm all
[09:11] {Threei} pita :)
[09:13] {esemde} morning peter....it's not getting marriged...it's brian
[09:14] {fernp} good morning all
[09:14] {Threei} fern :)
[09:14] {peterg} aha! congratulations Brian!
[09:14] {brian3579} ty
[09:19] {Threei} more selling BIOD
[09:20] {cosmo} # Biodel's diabetes drug VIAject meets goalsat Reuters(Mon 7:42am)
[09:21] {Threei} FEED
[09:21] {Threei} DISCUSSES EFFECT OF DECLINING COMMODITY PRICES ON BUSINESS
[09:21] {Threei} - AgFeed Benefits from Declining Commodity Prices and China's Harvest of New Crops
[09:21] {Threei} - Corn and soy bean meal are two major feed input costs for hog production. China is currently experiencing a year of good harvest in both domestic corn and soy bean crops. Prices for both commodity products have continued to decline and AgFeed is currently seeing expanded profit margins on hog production.
[09:21] {Threei} - Hog prices in our target markets of South China have increased steadily since cooler weather conditions in the fall and winter seasons are typically the strongest pork consumption months in China. Demand for live hogs continues to be strong. Market hogs are currently sold at more than $240 each based on 110kg in average weight
[09:21] {Threei} I don't get it cosmo
[09:21] {Threei} I read twice full text
[09:22] {cosmo} me too
[09:22] {Threei} couldn't see anything about failure
[09:22] {cosmo} hmmm
[09:22] {Threei} Based on the initial analyses, both clinical trials met the primary endpoint
[09:23] {Threei} there is a lot of non-understandable scientific drivel
[09:23] {Threei} I guess something in it is a hidden "we failed"
[09:23] {dino} gm all
[09:24] {Threei} dino :)
[09:24] {dino} so they finally did it
[09:24] {Threei} yup
[09:25] {Threei} opening is likely to be beyond volatile
[09:25] {Threei} I intend to wait it out, let the dust settle
[09:27] {dino} congrats brian....and yes, they take a more though financial interest. all the best
[09:28] {brian3579} ty
[09:28] {tomg} gm all
[09:28] {Threei} tom :)
[09:28] {judijim} good morning everyone
[09:28] {Threei} jj :)
[09:29] {dino} this is one heck of a gap that will need to be filled, imo
[09:29] {cosmo} ETFC 3.73 test ...at some point
[09:30] {Threei} FNM opens under 1.50
[09:30] {dptl} good morning all
[09:30] {Threei} dp :)
[09:30] {Threei} FRE under 1
[09:32] {Threei} Long Setup: CLNE 20 if holding above 19.80
[09:33] {patience} short covering day, still think dow will drop below 11k when sense comes back to the market and good morning to you all :)
[09:33] {Threei} patience :)
[09:35] {peterg} so vad u r saying buy sign is .20 if holds above .80;
[09:35] {peterg} aggressive buy would be now
[09:35] {Threei} $20
[09:35] {Threei} not .20
[09:35] {Threei} right
[09:35] {peterg} ah
[09:35] {esemde} caty....
[09:36] {dino} watching 11790 area patience, we are starting to think alike
[09:36] {esemde} couldn't find a place to get in
[09:36] {esemde} man
[09:36] {patience} world has gone mad dino
[09:37] {patience} bought agrium last week at 77 (cdn), now at 84
[09:37] {dino} robert marcin: rejoicing over failure, think thats about right
[09:37] {Threei} Long Setup: WB .66
[09:37] {Threei} stop .49
[09:45] {pita} next support WB?
[09:46] {Threei} about 18.50
[09:46] {Threei} FRE and FNM big bounces
[09:48] {Threei} and just as big pullbacks
[09:50] {dino} worthless in the end imo
[09:50] {dino} mbhi not participating
[09:53] {Threei} don't rush to buy WB
[09:53] {Threei} let it stabilize
[09:53] {dino} don't rush anything, we're already down 110 pts from open
[09:54] {Threei} yeah
[09:55] {Threei} bounce time
[09:55] {Threei} .51 long WB
[09:55] {Threei} if holding above .40
[10:01] {dino} auth, biod
[10:09] {Threei} RIMM bounce time IMO
[10:09] {Threei} 107 break trigger
[10:10] {Threei} low of this pullback will establish stop
[10:12] {Threei} no worky
[10:13] {Threei} US GOVT. TO DELAY A NUCLEAR AGREEMENT WITH RUSSIA
[10:16] {dino} scanner all red
[10:16] {Roman} i don't agree dino
[10:16] {Roman} QIL is green
[10:17] {Roman} QLD
[10:18] {Threei} can'ty find a decent play so far, a lot of volatility with no readable setups
[10:18] {dino} my scanner rfr
[10:19] {fernp} PMTC Vad?
[10:20] {Roman} market bounces strong here IMO
[10:23] {Threei} 21 would be trigger fern
[10:24] {Threei} would like it hol 20.80
[10:24] {fernp} ty
[10:26] {cosmo} ETFC holding 3.50 ....so far...
[10:26] {cosmo} testing
[10:26] {cosmo} fyi
[10:30] {dino} af sm s .14
[10:31] {dino} wfsl sm s .61
[10:32] {dino} stalking cyn too
[10:32] {Threei} market looks ready for recovery but heck, which stock is to follow
[10:32] {Threei} can't find a worthy candidate
[10:33] {Roman} WB
[10:34] {Threei} .51/
[10:34] {Threei} ?
[10:34] {Roman} i am buying here
[10:34] {Roman} 18.41
[10:35] {Roman} the rinses are great
[10:35] {Roman} let's of fun
[10:35] {magoo} if IF mkt bounces hard..aapl should go green imo
[10:36] {Roman} magoo, just tell me where to buy
[10:36] {Roman} i will go with you with my eyes closed
[10:37] {Roman} you are one of the luckiest bastards on the planet earth
[10:38] {Roman} in WM
[10:38] {Roman} looks like a minu capitualtion here
[10:38] {Roman} 4.05
[10:39] {magoo} GREEN
[10:39] {magoo} that was buck fitty
[10:40] {magoo} from mention
[10:41] {magoo} now..i would think if mkt continues upo...rimm would get green BUT BUT..rimm has sucked lately
[10:42] {Threei} (RU) RUSSIAN PRES MEDVEDEV: WILL PULL TROOPS FROM SOUTH OSSETIAN ZONE ASSUMING AN INTERNATIONAL FORCE IS PLACED IN ABSENCE, WILL PULL PEACEKEEPERS FROM 5 ZONES NEAR THE PORT OF POTI
[10:43] {Roman} stopped WM -.20
[10:45] {dino} cyn sm s .04
[10:47] {Threei} 1.20 is acting as a strong resistance on FRE
[10:48] {Threei} looks like .21 will be worth a try for a scalp
[10:48] {Threei} if loses 1.10, likely to dive under 1
[10:50] {Roman} out WB -.08
[10:51] {Threei} wow, look at LEH crash
[10:51] {dino} isys
[10:56] {dino} rumor the deals fell apart
[10:56] {dino} leh that is
[10:57] {Chaeron} Good morning all
[10:57] {Threei} chaeron :)
[10:57] {Roman} UAUA ?
[10:58] {dino} what did you call me?
[10:58] {dino} :)
[10:59] {Threei} don't see news
[10:59] {dino} -150 from hod
[10:59] {Roman} UAUA UAL Corp. files for Ch. 11 to cut costs by 20%, according to CEO Tilton - Bloomberg (8.52 -3.80)
[10:59] {Threei} oh boy
[10:59] {Roman} cal
[10:59] {Threei} shortable still
[11:00] {Roman} CaL
[11:01] {dino} amr w/it
[11:01] {Threei} looking to short UAUA
[11:01] {dino} v sm s uaua .00 wide
[11:01] {dptl} holyy..all air lines
[11:02] {dino} ndx red
[11:02] {Threei} missed near 6
[11:02] {Threei} not sure now
[11:02] {Threei} such bounce for a bankrupt?
[11:02] {Threei} something's wierd
[11:02] {dino} pcln v sm l .30 wide
[11:02] {Threei} is it a rumor?
[11:03] {dino} forgot i had it out there
[11:03] {Threei} HEARING FILES CHAPTER 11 - UNCONFIRMED REPORT
[11:03] {Threei} {CAL DAL LUV}
[11:03] {Threei} wow
[11:05] {Threei} have you ever sen anything like this?
[11:05] {dino} is it filed or not? can't find it
[11:05] {dptl} amasing
[11:05] {Threei} no idea, my news says unconfirmed
[11:07] {Threei} halt?
[11:07] {Threei} trading stopped on UAUA
[11:07] {dino} halted
[11:07] {Threei} UAUA DENIES BANKRUPCTY
[11:07] {dino} watching amr
[11:08] {dino} cov wfsl .21 +.40
[11:08] {dptl} last trade 0.01?
[11:09] {dptl} uaua
[11:09] {dptl} on my t&s
[11:13] {Threei} 9.91
[11:13] {esemde} serious blow if it is bankrupt
[11:13] {Threei} 8.97, sorry
[11:13] {esemde} my quote is the same as dp's .01
[11:14] {Threei} CNBC'S FABER: A STORY POSTED ON CHICAGO TRIBUNE WAS A FOUR YEAR OLD STORY ABOUT UNITED'S PRIOR BANKRUPTCY
[11:14] {Threei} HALTED: SPOKESPERSON DENIES REPORTS OF BANKRUPCTY, CALLS STORY "A RUMOR"
[11:15] {dptl} wierd ..do you see 7.17 and7.99 1000s 7.93 4000s?
[11:16] {Chaeron} I do dp
[11:16] {Threei} yes
[11:16] {Threei} switchred sourse of T&S, see them now
[11:17] {Threei} 100 shares ar .01
[11:17] {Threei} I'd guess some trades will be broken
[11:17] {fernp} 11:13 UAUA UAL Corp: CNBC commentator says a story on bankruptcy is a 4 year old story, co says that it is completely and totally untrue
[11:17] {dptl} ye and last one is 0.01 100s lol....
[11:18] {dptl} that is good entry eh?
[11:19] {Threei} lol
[11:19] {Threei} too bad just 100 shares
[11:19] {dptl} no kiding :)
[11:20] {Threei} jeez... how many bags of popcorn does one need for today?
[11:21] {Threei} seriously... I thought I've seen it all
[11:27] {esemde} and the week is just getting started....
[11:28] {dino} may you live in interesting times
[11:29] {Chaeron} weel, look at your time and sales on UAUA dp... wish that was me that bot the 100s @ 0.01 and sold @ 999.99 :))
[11:30] {dino} cedc sm l .85
[11:30] {Threei} that wasn't you chaeron??
[11:30] {Chaeron} if it wasn't me and it wasn't you... it must have been...................... MAGOO!
[11:31] {dptl} lol Chaeron..
[11:31] {Threei} he did good
[11:31] {esemde} you all are a barrel of laughs....
[11:32] {Threei} for the sake of those who sold or shorted on this bs, I hope trades in low prices get broken
[11:32] {esemde} look at what happened to my long in NVDA ....some goof of an analyst
[11:32] {Threei} and knucklehead behind the idiotic rumor gets jailed
[11:33] {esemde} downgraded it to neutral today
[11:33] {esemde} not sell....or get the heck out but neutral
[11:34] {esemde} WHATEVER!!!!!!!!
[11:34] {peterg} & I was about to buy the rest of the float
[11:35] {Threei} NASDAQ MarketWatch is investigating potentially erroneous transactions involving the security UAL Corp executed between 10:55:00 and 11:08:00 ET today. MarketWatch will advise with details as soon as available.
[11:35] {dino} cov cyn .14, +.90
[11:36] {peterg} attaboy dino
[11:36] {dino} ty peter, lucky
[11:38] {dino} joyg destruction continues
[11:39] {dino} ma
[11:40] {dino} cedc stopped .60 -.25
[11:49] {dino} wow, for a big up day, the stuff i watch is pretty much down
[11:49] {Chaeron} you must be looking at my screens dino
[11:49] {dino} altho naz is negative now
[11:50] {dino} -2% from open
[11:51] {dino} feels like tuesday all over again
[11:53] {dino} ma -6, rimm -6, drys -3, fwlt -3, chk-2, spwr -3, etc
[11:54] {dino} gs going to go neg
[11:55] {peterg} leh slides further
[11:57] {Threei} hard to believe
[11:58] {dino} cedc rinsed
[12:01] {dino} npsp
[12:06] {Chaeron} $1.00 wall of fRE getting eaten
[12:07] {esemde} signing off ...have a g4reat day see you tomorro32w
[12:07] {Chaeron} bye ese
[12:07] {esemde} CHYHHHH
[12:07] {Threei} NASDAQ : TRADES FROM 10:55AMET TO 11:08AMET WILL STAND
[12:07] {Threei} take care ese
[12:07] {Chaeron} heh
[12:18] {Threei} UAUA opens at 12:30
[12:22] {Threei} SSUES FORMAL RELEASE DENYING RUMORED BANKRUPTCY, NOTES THE COMPANY CONTINUES TO HAVE STRONG LIQUIDITY
[12:22] {Threei} I doubt it opens where it shows quotes right now
[12:22] {Threei} but if it does... it's a good entry
[12:24] {Threei} RIMM
[12:24] {Threei} HEARING POSITIVE COMMENTS OUT OF CANNACORD ADAMS
[12:26] {Threei} bid 11.10
[12:26] {dino} gtls sm l .86
[12:29] {Threei} wierd repositioning
[12:30] {dino} fmcn sm l .00
[12:34] {dino} pretty much screwed on my uaua short, cov -.6
[12:34] {dino} 6.
[12:36] {Threei} can't believe they haven't broken trades
[12:36] {Threei} saw them doing that in less clearcut cases
[12:38] {dino} same here, whenever i win big on them they cancel, c'mon 999.99-.01
[12:38] {Threei} no kidding
[12:38] {dino} you know, the stuff that was illegal a year ago, now happens daily
[12:39] {dino} case in point fnm, fre, leh, etc, "our capital is fine...no shorts allowed...etc"
[12:39] {dino} you watch 30 days from now uaua will issue the bankruptcy statemernt
[12:41] {Threei} you mean Chicago Tribune was not 4 years late but rather 1 month early on that report?
[12:41] {dino} at least they busted enron for these false statements
[12:41] {dino} yes 3i, watch and see
[12:48] {Threei} Long Setup: CLNE .50 break if stays above .35
[12:51] {dino} tighten gtls to .35
[12:52] {Threei} Long Setup: LEH 14.15 if stays above 14
[12:53] {dino} out gtls +.46 slipped
[12:53] {Threei} if NQ breaks 1760 LEH should be good for 1:2
[12:57] {Threei} come on LEH
[12:57] {Threei} MER and JPM spike
[12:58] {dino} ilmn sm l .00
[12:59] {dino} brb
[13:00] {Threei} sigh
[13:00] {Threei} stopped
[13:01] {Threei} is anything going to work today?
[13:10] {dino} i wonder, the talking heads stated we are out of bear market this a.m.; what do they think now
[13:12] {dino} because i'm not sure a neg. naz qualifies
[13:12] {peterg} DJ still up 160
[13:12] {peterg} wow
[13:12] {peterg} full bull
[13:13] {peterg} ahead
[13:13] {cosmo} 'full of...'
[13:13] {peterg} yep
[13:13] {cosmo} :)
[13:14] {Threei} TRIBUNE COMPANY IS REPORTEDLY LOOKING INTO THE ERRONEOUS POSTING OF THE OLD UAL CORP STORY
[13:14] {dino} the other q is, tues. blow off top 11790, today 11570; hmmmm
[13:14] {Threei} jeez
[13:15] {peterg} TRIBUNE REPORTS EARTH IN DANGER FROM IMMINENT COMET STRIKE
[13:16] {Chaeron} so short everything?
[13:16] {peterg} right!
[13:16] {Threei} maybe wait for denial
[13:16] {Threei} they will halt Earth
[13:16] {Chaeron} don't laugh... they think they have the power
[13:17] {cosmo} they?
[13:17] {Threei} sorry... THEY
[13:17] {Chaeron} you know.... "them"
[13:18] {dino} "they" are part of sarah lee
[13:18] {cosmo} every time I think about this, I come up with 'us'
[13:19] {Threei} that;s deep
[13:19] {dino} cosmo, you should know about the comet
[13:19] {cosmo} yea...checking
[13:20] {dino} ty
[13:20] {dino} sm l cedc last try
[13:20] {dino} .00
[13:22] {Threei} OPEC PRESIDENT: CARTEL WILL DISCUSS DECISION ON WHETHER OR NOT TO CUT OUTPUT AT MEETING TOMMOROW
[13:22] {Threei} - Notes that the oil market may be oversupplied at year end, an oversupply of between 500K bpd 1.5M in early 2009, oil stocks 'healthy'
[13:22] {Threei} - Remarks that all options are open, including a cut
[13:24] {dino} af bstop to b/e
[13:26] {Threei} CLNE invalidated
[13:26] {Threei} probably a good thing
[13:31] {dino} af stopped flat
[13:40] {dptl} going to finish early ....have a good rest of the day all..see ya tomorrow :)
[13:40] {Threei} take care dp
[13:41] {dino} cya dp
[13:43] {Threei} wow FNM
[13:43] {Threei} come on dino, surelyy you didn't mean TIDAY when said it goes to zero??
[13:43] {Threei} today
[13:44] {peterg} tiday is australian for today
[13:44] {Threei} korrekt
[13:44] {Threei} or if you will, eqzaktly
[13:45] {peterg} yzz
[13:46] {Threei} great... now LEH is doing what it ought to do on that call
[13:46] {Threei} let's face it... if you put me in a wet paper bag today, I couldn't trade my way out
[13:49] {dino} aside from uaua i was doing fine
[13:50] {dino} fnm, fre, most likely double from hear then eventually to zero
[13:51] {dino} but man, the common could be over by the close
[13:51] {dino} coin toss. never know what the powers that be will say at close
[13:54] {dino} whats ffnm's preferred symbol?
[14:00] {dino} fmcn stopped -.63 -.37
[14:04] {dino} isys sm l .50
[14:11] {Threei} CIEN
[14:11] {Threei} .37 short for acsalp
[14:11] {Threei} scalp
[14:46] {Threei} WM
[14:46] {Threei} CEO: COMPANY SEEKING TO FOCUS ON EXECUTION AND AVOIDING MISTAKES, NO 'RADICAL CHANGES' ARE PLANNED
[14:46] {Threei} - Notes that adjustments in the mortgage market will not necessarily slow growth
[14:48] {Threei} don't look now... but we probably got a winner... can't believe my eyes
[14:49] {Threei} CIEN is at 1:1
[14:53] {Threei} out +.11
[14:55] {Threei} what, no takers?
[14:56] {Threei} you all gave up on me?
[14:56] {Threei} fine... my only consolation left then:
06[14:56] * Threei slaps laserdave1 around a bit with a large trout
[15:03] {peterg} gave up on mkt, sensie
[15:03] {peterg} not your esteemed self
[15:04] {peterg} sensei
[15:04] {Threei} thank you
[15:04] {Threei} I had to get one right however small it is
[15:04] {Threei} just to preserve some self-respect, you know
[15:04] {peterg} I have retreated to study, preparing class for next wk
[15:05] {peterg} of course
[15:05] {dino} out ilmn .37, +.37
[15:22] {Threei} WB is trying to recover
[15:22] {Threei} one of financials remained actually quite strong
[15:39] {judijim} that's enough excitment for today, take care, be back tomorrow
[15:40] {Threei} take care jj
[15:44] {dino} gotta hop, baseball game. cutting isys .84 +.34
[15:45] {Threei} see you tomorrow dino
[15:52] {magoo} i can not remember aapl rimm being this many days this werak
[15:52] {Threei} there is a lot about this day I don't think I can remember
[15:52] {Threei} and I find it hard to beleiev UAUA debacle is not going to be investigate
[15:53] {Threei} how do you "accidenatlly" publish 4 years old story?
[15:53] {magoo} and how could they not break those trades
[15:53] {Threei} no kidding
[15:54] {Threei} find who was responsible for the story, and look into his whole circle of comunication - I bet you will find who shorted it before the story
[15:54] {Threei} or bought into sharp drop
[15:55] {Threei} and forget Martha - this is real crime
[15:56] {magoo} manb..i was just typing that...mno kidding
[15:57] {Threei} OK guys, let's have a good evening and come back fresh tomorrow
[15:58] {Threei} take care, see you in the morning
[15:58] {peterg} tks vad see you tmo; group all gnite
[15:58] {magoo} ty vad
[15:58] {fernp} ty Vad
[08:26] {magoo} morning
[08:30] {Threei} CLNE
[08:30] {Threei} TO ACQUIRE FUELMAKER, NATURAL GAS FUELING APPLIANCES MAKER FROM HONDA
[08:30] {Threei} Good morning
[08:31] {magoo} hi vad
[08:31] {Threei} do you have any other words this morning but "holy mackerel"?
[08:32] {magoo} really...i tried to get in office to beat that big gap
[08:32] {magoo} but it hit aroiund 8 am
[08:32] {magoo} got here 8.20
[08:32] {Threei} you wouldn't anyway
[08:32] {Threei} things just open where they are
[08:33] {Threei} unless you were long from Fri close, it's a waste
[08:33] {esemde} morning...wow DJ up 2 billion
[08:33] {Threei} ese :)
[08:34] {esemde} can't recall the last time I saw it up like that.....on sunday even .....261pts
[08:34] {esemde} morning vad.....nice day here yesterday
[08:34] {Threei} well... these are times with probably no precedent
[08:35] {Threei} gorgeous weather
[08:36] {esemde} yes indeed ...lending people money who don't have the ability to pay it back.....
[08:38] {Threei} and then bailing lenders out with money of those who still can pay
[08:39] {Threei} WB looks the strongest among financials
[08:39] {esemde} they would have flunked the finance classes that i took anyway.....
[08:40] {Threei} my perception is, it's not even about finance
[08:41] {Threei} it's about major philosophy/ideology
[08:41] {Threei} it's a capitalism vs socialism issue
[08:42] {esemde} hmmmmmmm you've got me there....how do you figure
[08:42] {Threei} well... we let people and companies live with the outcomes of their own decisions,
[08:42] {esemde} yes that should be what happens
[08:43] {Threei} or we invoke govt's power to take money from responsible and bail out irresponsible
[08:43] {esemde} got it...
[08:43] {Threei} first is capitalism, second is redistribution of wealth on the base of need,
[08:43] {Threei} granted unearned to those who didn't esrned
[08:43] {Threei} earn
[08:46] {esemde} wachovia hasn't really been in as much trouble as some of the other banks has it
[08:46] {Threei} I guess
[08:46] {Threei} all banks gap up but most retreat a little
[08:46] {Threei} not WB
[08:47] {brian3579} gm all
[08:47] {Threei} brian :)
[08:47] {esemde} Life of brian....good morning
[08:48] {magoo} i don't see it..if i stop paying my mortgage today the gov't isn't going to save my home for me..or is it?
[08:48] {esemde} vad will.....???
[08:49] {Threei} lol
[08:52] {Threei} FRE/FNM are halted till market open
[08:53] {Threei} 07:00am [ALTI] Altair Nanotechnologies Develops Revolutionary Battery for U.S. Navy
[08:55] {esemde} How bout Detroit Electric making a comeback....read the story on the weekend.....will be producing electric cars
[08:56] {brian3579} I got engaged this weekend is it normal for her to keep walking by the computer and checking my account balance?
[08:56] {esemde} in Belgium???Holland???
[08:56] {esemde} ha ha ha ha
[08:56] {Threei} lol brian
[08:56] {Threei} congratulations anyway :)
[08:56] {brian3579} ty
[08:56] {esemde} congrats for sure!!!
[08:57] {cosmo} BIOD
[08:57] {esemde} come on a honey moon to Victoria BC
[08:57] {brian3579} sounds good
[08:58] {Threei} 03:00am [BIOD] Releases preliminary results of pivotal {hase III clinical trials for VIAject
[08:58] {Threei} nice haircut
[08:59] {cosmo} it needs 8 (soon) on the bounce
[09:01] {cosmo} hmmm...looks more like a beheading...
[09:03] {Threei} ABK
[09:03] {Threei} RECEIVES REGULATORY APPROVAL TO SUPPORT OBLIGATIONS OF ITS INVESTMENT AGREEMENT BUSINESS
[09:03] {Threei} - State of Wisconsin, Office of the Commissioner of Insurance (OCI) has approved up to $1 billion in future intercompany asset sales and secured lending transactions between Ambac Assurance Corp. (Ambac Assurance) and its Investment Agreement business affiliates which when combined with an existing approval of $200 million in secured lending transactions will enhance the liquidity within Ambac's financial services segment. Any transactions undertaken pursuant to these approvals will be executed on an arms-length basis and in accordance with Ambac Assurance's investment guidelines.
[09:05] {esemde} wow biod...huge plunge ...this one is for dino for sure
[09:07] {cosmo} BIOD: ...announces reliminary results of pivotal Phase III clinical trials for VIAject; meets primary endpointBriefing.com(Mon 7:30am)
[09:07] {peterg} gm all, congratulations ese!
[09:08] {Threei} peter :)
[09:08] {cosmo} ETFC pre mkt high = 3.73 fwiw
[09:09] {Onix} gm all
[09:09] {Threei} onix :)
[09:11] {pita} gm all
[09:11] {Threei} pita :)
[09:13] {esemde} morning peter....it's not getting marriged...it's brian
[09:14] {fernp} good morning all
[09:14] {Threei} fern :)
[09:14] {peterg} aha! congratulations Brian!
[09:14] {brian3579} ty
[09:19] {Threei} more selling BIOD
[09:20] {cosmo} # Biodel's diabetes drug VIAject meets goalsat Reuters(Mon 7:42am)
[09:21] {Threei} FEED
[09:21] {Threei} DISCUSSES EFFECT OF DECLINING COMMODITY PRICES ON BUSINESS
[09:21] {Threei} - AgFeed Benefits from Declining Commodity Prices and China's Harvest of New Crops
[09:21] {Threei} - Corn and soy bean meal are two major feed input costs for hog production. China is currently experiencing a year of good harvest in both domestic corn and soy bean crops. Prices for both commodity products have continued to decline and AgFeed is currently seeing expanded profit margins on hog production.
[09:21] {Threei} - Hog prices in our target markets of South China have increased steadily since cooler weather conditions in the fall and winter seasons are typically the strongest pork consumption months in China. Demand for live hogs continues to be strong. Market hogs are currently sold at more than $240 each based on 110kg in average weight
[09:21] {Threei} I don't get it cosmo
[09:21] {Threei} I read twice full text
[09:22] {cosmo} me too
[09:22] {Threei} couldn't see anything about failure
[09:22] {cosmo} hmmm
[09:22] {Threei} Based on the initial analyses, both clinical trials met the primary endpoint
[09:23] {Threei} there is a lot of non-understandable scientific drivel
[09:23] {Threei} I guess something in it is a hidden "we failed"
[09:23] {dino} gm all
[09:24] {Threei} dino :)
[09:24] {dino} so they finally did it
[09:24] {Threei} yup
[09:25] {Threei} opening is likely to be beyond volatile
[09:25] {Threei} I intend to wait it out, let the dust settle
[09:27] {dino} congrats brian....and yes, they take a more though financial interest. all the best
[09:28] {brian3579} ty
[09:28] {tomg} gm all
[09:28] {Threei} tom :)
[09:28] {judijim} good morning everyone
[09:28] {Threei} jj :)
[09:29] {dino} this is one heck of a gap that will need to be filled, imo
[09:29] {cosmo} ETFC 3.73 test ...at some point
[09:30] {Threei} FNM opens under 1.50
[09:30] {dptl} good morning all
[09:30] {Threei} dp :)
[09:30] {Threei} FRE under 1
[09:32] {Threei} Long Setup: CLNE 20 if holding above 19.80
[09:33] {patience} short covering day, still think dow will drop below 11k when sense comes back to the market and good morning to you all :)
[09:33] {Threei} patience :)
[09:35] {peterg} so vad u r saying buy sign is .20 if holds above .80;
[09:35] {peterg} aggressive buy would be now
[09:35] {Threei} $20
[09:35] {Threei} not .20
[09:35] {Threei} right
[09:35] {peterg} ah
[09:35] {esemde} caty....
[09:36] {dino} watching 11790 area patience, we are starting to think alike
[09:36] {esemde} couldn't find a place to get in
[09:36] {esemde} man
[09:36] {patience} world has gone mad dino
[09:37] {patience} bought agrium last week at 77 (cdn), now at 84
[09:37] {dino} robert marcin: rejoicing over failure, think thats about right
[09:37] {Threei} Long Setup: WB .66
[09:37] {Threei} stop .49
[09:45] {pita} next support WB?
[09:46] {Threei} about 18.50
[09:46] {Threei} FRE and FNM big bounces
[09:48] {Threei} and just as big pullbacks
[09:50] {dino} worthless in the end imo
[09:50] {dino} mbhi not participating
[09:53] {Threei} don't rush to buy WB
[09:53] {Threei} let it stabilize
[09:53] {dino} don't rush anything, we're already down 110 pts from open
[09:54] {Threei} yeah
[09:55] {Threei} bounce time
[09:55] {Threei} .51 long WB
[09:55] {Threei} if holding above .40
[10:01] {dino} auth, biod
[10:09] {Threei} RIMM bounce time IMO
[10:09] {Threei} 107 break trigger
[10:10] {Threei} low of this pullback will establish stop
[10:12] {Threei} no worky
[10:13] {Threei} US GOVT. TO DELAY A NUCLEAR AGREEMENT WITH RUSSIA
[10:16] {dino} scanner all red
[10:16] {Roman} i don't agree dino
[10:16] {Roman} QIL is green
[10:17] {Roman} QLD
[10:18] {Threei} can'ty find a decent play so far, a lot of volatility with no readable setups
[10:18] {dino} my scanner rfr
[10:19] {fernp} PMTC Vad?
[10:20] {Roman} market bounces strong here IMO
[10:23] {Threei} 21 would be trigger fern
[10:24] {Threei} would like it hol 20.80
[10:24] {fernp} ty
[10:26] {cosmo} ETFC holding 3.50 ....so far...
[10:26] {cosmo} testing
[10:26] {cosmo} fyi
[10:30] {dino} af sm s .14
[10:31] {dino} wfsl sm s .61
[10:32] {dino} stalking cyn too
[10:32] {Threei} market looks ready for recovery but heck, which stock is to follow
[10:32] {Threei} can't find a worthy candidate
[10:33] {Roman} WB
[10:34] {Threei} .51/
[10:34] {Threei} ?
[10:34] {Roman} i am buying here
[10:34] {Roman} 18.41
[10:35] {Roman} the rinses are great
[10:35] {Roman} let's of fun
[10:35] {magoo} if IF mkt bounces hard..aapl should go green imo
[10:36] {Roman} magoo, just tell me where to buy
[10:36] {Roman} i will go with you with my eyes closed
[10:37] {Roman} you are one of the luckiest bastards on the planet earth
[10:38] {Roman} in WM
[10:38] {Roman} looks like a minu capitualtion here
[10:38] {Roman} 4.05
[10:39] {magoo} GREEN
[10:39] {magoo} that was buck fitty
[10:40] {magoo} from mention
[10:41] {magoo} now..i would think if mkt continues upo...rimm would get green BUT BUT..rimm has sucked lately
[10:42] {Threei} (RU) RUSSIAN PRES MEDVEDEV: WILL PULL TROOPS FROM SOUTH OSSETIAN ZONE ASSUMING AN INTERNATIONAL FORCE IS PLACED IN ABSENCE, WILL PULL PEACEKEEPERS FROM 5 ZONES NEAR THE PORT OF POTI
[10:43] {Roman} stopped WM -.20
[10:45] {dino} cyn sm s .04
[10:47] {Threei} 1.20 is acting as a strong resistance on FRE
[10:48] {Threei} looks like .21 will be worth a try for a scalp
[10:48] {Threei} if loses 1.10, likely to dive under 1
[10:50] {Roman} out WB -.08
[10:51] {Threei} wow, look at LEH crash
[10:51] {dino} isys
[10:56] {dino} rumor the deals fell apart
[10:56] {dino} leh that is
[10:57] {Chaeron} Good morning all
[10:57] {Threei} chaeron :)
[10:57] {Roman} UAUA ?
[10:58] {dino} what did you call me?
[10:58] {dino} :)
[10:59] {Threei} don't see news
[10:59] {dino} -150 from hod
[10:59] {Roman} UAUA UAL Corp. files for Ch. 11 to cut costs by 20%, according to CEO Tilton - Bloomberg (8.52 -3.80)
[10:59] {Threei} oh boy
[10:59] {Roman} cal
[10:59] {Threei} shortable still
[11:00] {Roman} CaL
[11:01] {dino} amr w/it
[11:01] {Threei} looking to short UAUA
[11:01] {dino} v sm s uaua .00 wide
[11:01] {dptl} holyy..all air lines
[11:02] {dino} ndx red
[11:02] {Threei} missed near 6
[11:02] {Threei} not sure now
[11:02] {Threei} such bounce for a bankrupt?
[11:02] {Threei} something's wierd
[11:02] {dino} pcln v sm l .30 wide
[11:02] {Threei} is it a rumor?
[11:03] {dino} forgot i had it out there
[11:03] {Threei} HEARING FILES CHAPTER 11 - UNCONFIRMED REPORT
[11:03] {Threei} {CAL DAL LUV}
[11:03] {Threei} wow
[11:05] {Threei} have you ever sen anything like this?
[11:05] {dino} is it filed or not? can't find it
[11:05] {dptl} amasing
[11:05] {Threei} no idea, my news says unconfirmed
[11:07] {Threei} halt?
[11:07] {Threei} trading stopped on UAUA
[11:07] {dino} halted
[11:07] {Threei} UAUA DENIES BANKRUPCTY
[11:07] {dino} watching amr
[11:08] {dino} cov wfsl .21 +.40
[11:08] {dptl} last trade 0.01?
[11:09] {dptl} uaua
[11:09] {dptl} on my t&s
[11:13] {Threei} 9.91
[11:13] {esemde} serious blow if it is bankrupt
[11:13] {Threei} 8.97, sorry
[11:13] {esemde} my quote is the same as dp's .01
[11:14] {Threei} CNBC'S FABER: A STORY POSTED ON CHICAGO TRIBUNE WAS A FOUR YEAR OLD STORY ABOUT UNITED'S PRIOR BANKRUPTCY
[11:14] {Threei} HALTED: SPOKESPERSON DENIES REPORTS OF BANKRUPCTY, CALLS STORY "A RUMOR"
[11:15] {dptl} wierd ..do you see 7.17 and7.99 1000s 7.93 4000s?
[11:16] {Chaeron} I do dp
[11:16] {Threei} yes
[11:16] {Threei} switchred sourse of T&S, see them now
[11:17] {Threei} 100 shares ar .01
[11:17] {Threei} I'd guess some trades will be broken
[11:17] {fernp} 11:13 UAUA UAL Corp: CNBC commentator says a story on bankruptcy is a 4 year old story, co says that it is completely and totally untrue
[11:17] {dptl} ye and last one is 0.01 100s lol....
[11:18] {dptl} that is good entry eh?
[11:19] {Threei} lol
[11:19] {Threei} too bad just 100 shares
[11:19] {dptl} no kiding :)
[11:20] {Threei} jeez... how many bags of popcorn does one need for today?
[11:21] {Threei} seriously... I thought I've seen it all
[11:27] {esemde} and the week is just getting started....
[11:28] {dino} may you live in interesting times
[11:29] {Chaeron} weel, look at your time and sales on UAUA dp... wish that was me that bot the 100s @ 0.01 and sold @ 999.99 :))
[11:30] {dino} cedc sm l .85
[11:30] {Threei} that wasn't you chaeron??
[11:30] {Chaeron} if it wasn't me and it wasn't you... it must have been...................... MAGOO!
[11:31] {dptl} lol Chaeron..
[11:31] {Threei} he did good
[11:31] {esemde} you all are a barrel of laughs....
[11:32] {Threei} for the sake of those who sold or shorted on this bs, I hope trades in low prices get broken
[11:32] {esemde} look at what happened to my long in NVDA ....some goof of an analyst
[11:32] {Threei} and knucklehead behind the idiotic rumor gets jailed
[11:33] {esemde} downgraded it to neutral today
[11:33] {esemde} not sell....or get the heck out but neutral
[11:34] {esemde} WHATEVER!!!!!!!!
[11:34] {peterg} & I was about to buy the rest of the float
[11:35] {Threei} NASDAQ MarketWatch is investigating potentially erroneous transactions involving the security UAL Corp executed between 10:55:00 and 11:08:00 ET today. MarketWatch will advise with details as soon as available.
[11:35] {dino} cov cyn .14, +.90
[11:36] {peterg} attaboy dino
[11:36] {dino} ty peter, lucky
[11:38] {dino} joyg destruction continues
[11:39] {dino} ma
[11:40] {dino} cedc stopped .60 -.25
[11:49] {dino} wow, for a big up day, the stuff i watch is pretty much down
[11:49] {Chaeron} you must be looking at my screens dino
[11:49] {dino} altho naz is negative now
[11:50] {dino} -2% from open
[11:51] {dino} feels like tuesday all over again
[11:53] {dino} ma -6, rimm -6, drys -3, fwlt -3, chk-2, spwr -3, etc
[11:54] {dino} gs going to go neg
[11:55] {peterg} leh slides further
[11:57] {Threei} hard to believe
[11:58] {dino} cedc rinsed
[12:01] {dino} npsp
[12:06] {Chaeron} $1.00 wall of fRE getting eaten
[12:07] {esemde} signing off ...have a g4reat day see you tomorro32w
[12:07] {Chaeron} bye ese
[12:07] {esemde} CHYHHHH
[12:07] {Threei} NASDAQ : TRADES FROM 10:55AMET TO 11:08AMET WILL STAND
[12:07] {Threei} take care ese
[12:07] {Chaeron} heh
[12:18] {Threei} UAUA opens at 12:30
[12:22] {Threei} SSUES FORMAL RELEASE DENYING RUMORED BANKRUPTCY, NOTES THE COMPANY CONTINUES TO HAVE STRONG LIQUIDITY
[12:22] {Threei} I doubt it opens where it shows quotes right now
[12:22] {Threei} but if it does... it's a good entry
[12:24] {Threei} RIMM
[12:24] {Threei} HEARING POSITIVE COMMENTS OUT OF CANNACORD ADAMS
[12:26] {Threei} bid 11.10
[12:26] {dino} gtls sm l .86
[12:29] {Threei} wierd repositioning
[12:30] {dino} fmcn sm l .00
[12:34] {dino} pretty much screwed on my uaua short, cov -.6
[12:34] {dino} 6.
[12:36] {Threei} can't believe they haven't broken trades
[12:36] {Threei} saw them doing that in less clearcut cases
[12:38] {dino} same here, whenever i win big on them they cancel, c'mon 999.99-.01
[12:38] {Threei} no kidding
[12:38] {dino} you know, the stuff that was illegal a year ago, now happens daily
[12:39] {dino} case in point fnm, fre, leh, etc, "our capital is fine...no shorts allowed...etc"
[12:39] {dino} you watch 30 days from now uaua will issue the bankruptcy statemernt
[12:41] {Threei} you mean Chicago Tribune was not 4 years late but rather 1 month early on that report?
[12:41] {dino} at least they busted enron for these false statements
[12:41] {dino} yes 3i, watch and see
[12:48] {Threei} Long Setup: CLNE .50 break if stays above .35
[12:51] {dino} tighten gtls to .35
[12:52] {Threei} Long Setup: LEH 14.15 if stays above 14
[12:53] {dino} out gtls +.46 slipped
[12:53] {Threei} if NQ breaks 1760 LEH should be good for 1:2
[12:57] {Threei} come on LEH
[12:57] {Threei} MER and JPM spike
[12:58] {dino} ilmn sm l .00
[12:59] {dino} brb
[13:00] {Threei} sigh
[13:00] {Threei} stopped
[13:01] {Threei} is anything going to work today?
[13:10] {dino} i wonder, the talking heads stated we are out of bear market this a.m.; what do they think now
[13:12] {dino} because i'm not sure a neg. naz qualifies
[13:12] {peterg} DJ still up 160
[13:12] {peterg} wow
[13:12] {peterg} full bull
[13:13] {peterg} ahead
[13:13] {cosmo} 'full of...'
[13:13] {peterg} yep
[13:13] {cosmo} :)
[13:14] {Threei} TRIBUNE COMPANY IS REPORTEDLY LOOKING INTO THE ERRONEOUS POSTING OF THE OLD UAL CORP STORY
[13:14] {dino} the other q is, tues. blow off top 11790, today 11570; hmmmm
[13:14] {Threei} jeez
[13:15] {peterg} TRIBUNE REPORTS EARTH IN DANGER FROM IMMINENT COMET STRIKE
[13:16] {Chaeron} so short everything?
[13:16] {peterg} right!
[13:16] {Threei} maybe wait for denial
[13:16] {Threei} they will halt Earth
[13:16] {Chaeron} don't laugh... they think they have the power
[13:17] {cosmo} they?
[13:17] {Threei} sorry... THEY
[13:17] {Chaeron} you know.... "them"
[13:18] {dino} "they" are part of sarah lee
[13:18] {cosmo} every time I think about this, I come up with 'us'
[13:19] {Threei} that;s deep
[13:19] {dino} cosmo, you should know about the comet
[13:19] {cosmo} yea...checking
[13:20] {dino} ty
[13:20] {dino} sm l cedc last try
[13:20] {dino} .00
[13:22] {Threei} OPEC PRESIDENT: CARTEL WILL DISCUSS DECISION ON WHETHER OR NOT TO CUT OUTPUT AT MEETING TOMMOROW
[13:22] {Threei} - Notes that the oil market may be oversupplied at year end, an oversupply of between 500K bpd 1.5M in early 2009, oil stocks 'healthy'
[13:22] {Threei} - Remarks that all options are open, including a cut
[13:24] {dino} af bstop to b/e
[13:26] {Threei} CLNE invalidated
[13:26] {Threei} probably a good thing
[13:31] {dino} af stopped flat
[13:40] {dptl} going to finish early ....have a good rest of the day all..see ya tomorrow :)
[13:40] {Threei} take care dp
[13:41] {dino} cya dp
[13:43] {Threei} wow FNM
[13:43] {Threei} come on dino, surelyy you didn't mean TIDAY when said it goes to zero??
[13:43] {Threei} today
[13:44] {peterg} tiday is australian for today
[13:44] {Threei} korrekt
[13:44] {Threei} or if you will, eqzaktly
[13:45] {peterg} yzz
[13:46] {Threei} great... now LEH is doing what it ought to do on that call
[13:46] {Threei} let's face it... if you put me in a wet paper bag today, I couldn't trade my way out
[13:49] {dino} aside from uaua i was doing fine
[13:50] {dino} fnm, fre, most likely double from hear then eventually to zero
[13:51] {dino} but man, the common could be over by the close
[13:51] {dino} coin toss. never know what the powers that be will say at close
[13:54] {dino} whats ffnm's preferred symbol?
[14:00] {dino} fmcn stopped -.63 -.37
[14:04] {dino} isys sm l .50
[14:11] {Threei} CIEN
[14:11] {Threei} .37 short for acsalp
[14:11] {Threei} scalp
[14:46] {Threei} WM
[14:46] {Threei} CEO: COMPANY SEEKING TO FOCUS ON EXECUTION AND AVOIDING MISTAKES, NO 'RADICAL CHANGES' ARE PLANNED
[14:46] {Threei} - Notes that adjustments in the mortgage market will not necessarily slow growth
[14:48] {Threei} don't look now... but we probably got a winner... can't believe my eyes
[14:49] {Threei} CIEN is at 1:1
[14:53] {Threei} out +.11
[14:55] {Threei} what, no takers?
[14:56] {Threei} you all gave up on me?
[14:56] {Threei} fine... my only consolation left then:
06[14:56] * Threei slaps laserdave1 around a bit with a large trout
[15:03] {peterg} gave up on mkt, sensie
[15:03] {peterg} not your esteemed self
[15:04] {peterg} sensei
[15:04] {Threei} thank you
[15:04] {Threei} I had to get one right however small it is
[15:04] {Threei} just to preserve some self-respect, you know
[15:04] {peterg} I have retreated to study, preparing class for next wk
[15:05] {peterg} of course
[15:05] {dino} out ilmn .37, +.37
[15:22] {Threei} WB is trying to recover
[15:22] {Threei} one of financials remained actually quite strong
[15:39] {judijim} that's enough excitment for today, take care, be back tomorrow
[15:40] {Threei} take care jj
[15:44] {dino} gotta hop, baseball game. cutting isys .84 +.34
[15:45] {Threei} see you tomorrow dino
[15:52] {magoo} i can not remember aapl rimm being this many days this werak
[15:52] {Threei} there is a lot about this day I don't think I can remember
[15:52] {Threei} and I find it hard to beleiev UAUA debacle is not going to be investigate
[15:53] {Threei} how do you "accidenatlly" publish 4 years old story?
[15:53] {magoo} and how could they not break those trades
[15:53] {Threei} no kidding
[15:54] {Threei} find who was responsible for the story, and look into his whole circle of comunication - I bet you will find who shorted it before the story
[15:54] {Threei} or bought into sharp drop
[15:55] {Threei} and forget Martha - this is real crime
[15:56] {magoo} manb..i was just typing that...mno kidding
[15:57] {Threei} OK guys, let's have a good evening and come back fresh tomorrow
[15:58] {Threei} take care, see you in the morning
[15:58] {peterg} tks vad see you tmo; group all gnite
[15:58] {magoo} ty vad
[15:58] {fernp} ty Vad
Friday, September 5, 2008
Sep 05 2008
Session Time: Fri Sep 05 00:00:00 2008
[08:07] {Threei} IRANIAN OPEC GOV: OIL PRICE AT $100/BBL IS ACCEPTIBLE, STATES SHOULD STICK TO QUOTAS
[08:07] {Threei} {USO}
[08:11] {Threei} PREVIEW: AUG UNEMPLOYMENT RATE DATA DUE OUT AT 8:30AM
[08:11] {Threei} - Consensus expectations at 5.6% vs 5.5% prior
[08:11] {Threei} - Reminder July's 5.7% reading were the highest since March 2004
[08:29] {magoo} morning
[08:29] {Threei} magoo :)
[08:30] {magoo} minus84k
[08:30] {magoo} 6.1%
[08:30] {Threei} *AUG UNEMPLOYMENT RATE: 6.1% V 5.7% PRIOR
[08:31] {Threei} *AUG CHANGE IN NONFARM PAYROLLS: -84K V -75KE; CHANGE IN MANUFACTURING PAYROLLS: -61K V -35K
[08:31] {Threei} - Prior Jun Nonfarm Payrolls revised Higher from - 51K to -60K
[08:31] {Threei} - Prior Manufacturing Payrolls revised Lower from -35K to -38K
[08:31] {Threei} gap down is good
[08:31] {_andresy} Morning
[08:31] {Threei} lays the foundation for a bounce later on
[08:31] {magoo} better than gap up
[08:31] {Threei} adnresy :)
[08:31] {Threei} yeah, gap up would have been sold into
[08:32] {_andresy} rimm 3.06% down
[08:33] {Threei} oil new lows
[08:39] {magoo} vad, wheres support for rIMM?3 month low was 106
[08:39] {Threei} just under 102, next is 100
[08:39] {Threei} but you know how support is
[08:40] {Threei} it's holding until it doesn't
[08:40] {magoo} whats with UST up 12
[08:40] {Threei} 100 is quite pronounced
[08:41] {Threei} 09/04/08 09:46pm [UST] Altria in talks to buy UST, in a deal valued at $10B, according to the NY Timesmore.. - NY Times said that the acquisition, which is at a delicate state and could still fall apart, would be Altria’s first major purchase since the company split in March, spinning off Philip Morris International to become an independent company focused on the overseas tobacco business and giving the Altria name to Philip Morris USA. People involved in the transaction were planning to work through the weekend to complete the deal as soon as Monday, the paper added(related: MO )
[08:44] {_andresy} Vad, where do you see a possible support for VLO?
[08:46] {Threei} around 32.50... but VLO is a bit different animal
[08:47] {Threei} the way it trades is influenced by stories and fundamentals to greater degree than your normal stock
[08:49] {_andresy} Good to know that
[08:49] {cosmo} SPNC tries to bounce
[08:49] {magoo} what u stalking vad?
[08:50] {Threei} 09/04/08 09:17pm [SPNC] Confirms federal investigation, jointly served by the FDA and ICE with a search warrant
[08:51] {Threei} usual suspects so far
[08:51] {cosmo} needs to hold 5
[08:51] {cosmo} should hold 5.10
[08:51] {cosmo} imho
[08:53] {magoo} vad, u usually have good "overall"feel..what u suspect today happens?
[08:53] {Threei} initial selling followed by strong bounce and green close
[08:54] {magoo} now thats conviction
[08:54] {Threei} just a working assumption
[08:54] {magoo} instead opf one word u "infamous" for..as in "up" lol
[08:55] {Threei} well... let's try it
[08:55] {Threei} down, then up
[08:55] {Threei} better? :)
[08:55] {magoo} no..liked the other
[08:55] {Threei} ugh... more typing for me
[09:05] {Threei} interesting
[09:05] {Threei} - In the papers: The NY Times article suggested that Main Bank of China is in Need of Capital after a seven year buying spree of around $1 trillion worth of Treasury bonds and mortgage-backed debt issued. The article noted that these investments have been declining sharply in value when converted from dollars into the strong CNY, casting a spotlight on the central bank's tiny capital base. The bank's capital, just $3.2 billion, has not grown during the buying spree, despite private warnings from the IMF
[09:06] {_csepulve33} good morning
[09:07] {Threei} csepulve :)
[09:08] {_csepulve33} maybe more initial selling today
[09:08] {Threei} [08:53] {magoo} vad, u usually have good "overall"feel..what u suspect today happens?
[09:08] {Threei} [08:53] {Threei} initial selling followed by strong bounce and green close
[09:09] {_csepulve33} yes I agree
[09:10] {Onix} Good morning all you brave people
[09:13] {pita} gm all
[09:13] {Threei} onix, pita :)
[09:14] {fernp} Good Morning all
[09:14] {Threei} fern :)
[09:15] {dino} gm all
[09:18] {peterg} gm all
[09:19] {peterg} watching RIMM
[09:19] {Threei} dino, peter :)
[09:19] {magoo} im interested in RIMM AAPL and bidu today..
[09:20] {magoo} if i make call..its a max loss of $200..so size accordingly
[09:20] {magoo} ill be taking 300 shares..which gives me a lil room to avoid rinsde
[09:20] {esemde} good morning all....still swing long NVDA
[09:20] {magoo} RIMM 3 month low..3 is 106 area
[09:22] {esemde} I have a couple swing trading times of the year......Sept, Decembe and June
[09:22] {dptl} good morning all
[09:22] {esemde} dp
[09:23] {dptl} ese:)
[09:23] {Threei} ese, dp :)
[09:23] {esemde} morning vad......
[09:24] {peterg} not trade RIMM premkt?
[09:24] {peterg} too risky?
[09:24] {Threei} nah
[09:24] {Threei} let the dust settle
[09:24] {peterg} resist temptation
[09:24] {peterg} easy to become one with greed
[09:25] {esemde} is that Gordon Gecko also peter
[09:25] {peterg} Gorden did it better!
[09:25] {dino} relax guys, let it come to you
[09:25] {peterg} there ya go
[09:26] {tomg} gm all
[09:26] {Threei} tom :)
[09:26] {dino} lets remember a few rules
[09:26] {dino} good trading is not about being right, its' about trading right
[09:27] {dino} think in probabilities
[09:27] {dino} use your edge, manage your risk, be consistant, keep it simple
06[09:27] * Threei retires
[09:27] {dino} don't blame market or others for errors
[09:27] {cosmo} all fridays are 'good'
[09:27] {esemde} big volume SNDK......up 3pts
[09:27] {Threei} buyout negotiations with Samsung, SNDK
[09:28] {dino} trading is not a sprint, its' boxing. you must remain in the ring
[09:28] {dino} risk is your friend, however traders expect to lose regularly
[09:29] {dino} and thats' it in a nutshell from me
[09:29] {_csepulve33} get ready for the battle
[09:29] {peterg} sound of sustained applause
06[09:29] * Threei reiterates his retirement
[09:29] {peterg} thks dino
[09:30] {peterg} threei please stay
[09:30] {Threei} no need
[09:30] {esemde} shiskabob restaurant then vad?
[09:30] {patience} dino in the coach's corner....every morning words of wisdom
[09:30] {Threei} dino just told you everything you need to know, I have nothing to add :)
[09:30] {dino} i'm blushing
[09:31] {dino} keep an eye on pcln, held well yesterday
[09:37] {dino} watching ges, afam, pcln, ilmn
[09:37] {dino} rimm
[09:37] {dino} need coffee
[09:38] {dino} advantage to magoo arriving first, coffee is ready
[09:38] {Threei} lol
[09:38] {Threei} jeez TGIC
[09:38] {Threei} RAMR is trying to follow
[09:40] {Roman} HOKU radar, news last night
[09:40] {esemde} ha i know just missed it at .50 didn't want to chase
[09:40] {esemde} tgic that is
[09:41] {Threei} 09/04/08 04:10pm [HOKU] Signs ten-year, $455M polysilicon supply deal with Solargiga in China
[09:41] {dino} 10962 in the cards
[09:41] {Threei} RAMR looks to be next to jump
[09:45] {esemde} SPNC....news?
[09:45] {Threei} nothing today
[09:46] {esemde} bstop SPNC .50
[09:46] {dino} pcln sm l .25
[09:46] {dino} wide
[09:47] {Threei} SNDK is not done it looks like
[09:48] {Threei} if pulls back to around .20, worth an entry
[09:48] {esemde} spnc....bstop invalidated
[09:49] {Threei} stop under 17 so size accordinglyu
[09:49] {Threei} in
[09:50] {magoo} where?
[09:50] {Threei} .15
[09:52] {magoo} .11
[09:53] {magoo} out .04
[09:53] {Threei} yeah, no worky
[09:53] {magoo} no like mkt fall here
[09:54] {magoo} its avail short vad
[09:54] {judijim} good morning all
[09:54] {Threei} jj :)
[09:55] {Threei} Long Setup: PMI .41 if stays above .30
[09:58] {Threei} Short Setup: AMLN
[09:58] {Threei} .79
[09:58] {Threei} stop above 21
[10:00] {Threei} *US Q2 MORTGAGE DELINQUENCIES: 6.41% V 6.35% PRIOR
[10:00] {esemde} vsea long .30 1/2
[10:00] {Onix} ss AMLN .79
[10:01] {dino} v sm l ilmn .45
[10:01] {esemde} make that .98...thought it was .30
[10:02] {esemde} vsea stopp .88
[10:03] {Roman} long URRE
[10:03] {Roman} small
[10:03] {Roman} 3.02
[10:04] {esemde} out VSEA .32 +.34
[10:04] {Threei} wtg
[10:05] {esemde} lucky fill on .32 i think
[10:06] {dino} gj
[10:11] {Threei} AMLN stop to .88
[10:13] {Threei} out
[10:13] {Onix} AMLN stopped
[10:14] {Threei} better keep them tight than get caught in too violent move today
[10:15] {Threei} there you go
[10:17] {esemde} L ADCT .88 3/4
[10:18] {esemde} tight stop .80
[10:20] {dino} abm
[10:20] {Threei} DBI Setup: AKAM .93 trigger if stays below 19
[10:22] {Threei} Short Setup: KLAC into this bounce, stop above 34
[10:22] {Threei} try to get it as close to .90 as possible
[10:23] {Onix} in AKAM .93
[10:24] {Threei} SPNC
[10:24] {Threei} HEARING CITIGROUP MAKING POSITIVE COMMENTS; REITERATES BUY RATING (TIMING UNCERTAIN)
[10:25] {esemde} out ADCT .88 + .00 even....seen this before...topping out
[10:26] {Threei} if you got KLAC .85 or so, cover half here
[10:26] {Threei} AKAM 1:1, half out, scalpers cover in full
[10:27] {Onix} AKAM 11c ty Vad
[10:27] {dino} ges sm l .90, stop .49
[10:28] {fernp} out AKAM ty Vad
[10:28] {Threei} welcome guys
[10:28] {Threei} new 52 week lows on both, AKAM and KLAC
[10:28] {peterg} tks vad, +.09 avg
[10:28] {dptl} +.10 akam ty
[10:29] {Threei} NVDA is holding admirably well
[10:29] {Threei} so does CSCO
[10:29] {Threei} start making your list of candidates for whwen the market recovers
[10:29] {Threei} RMBS strong
[10:30] {Threei} maybe on the back of SNDK, not sure
[10:34] {Threei} cover KLAC in full
[10:37] {dino} afam v sm l .10
[10:38] {esemde} nvda is looking good against the indexes......usually it follows them to the letter
[10:38] {Threei} yes
[10:38] {Threei} [10:29] {Threei} NVDA is holding admirably well
[10:39] {peterg} ese, how long r u thinking of holding nvda for?
[10:39] {peterg} or how are you thinking about yr swing trade?
[10:39] {esemde} L JNPR .04 3/4
[10:40] {esemde} stop .89
[10:42] {esemde} somwhere around 15 or 16.....it'll take awhile......some extra funds hanging around so they might as well be put to use
[10:44] {esemde} it's had the crap beat out of it and it may hang around here awhile but i can wait it out on this one peter
[10:44] {peterg} thks es
[10:45] {esemde} this is a good time of the year for me to do a swing trade because i'm back teaching and this is a very busy time for me
[10:46] {peterg} begng of sch yr is insane
[10:46] {peterg} I have HS sr and coll. sophmore
[10:47] {esemde} Jnpr ...stopped -.15
[10:47] {dino} i believe you will be right es
[10:49] {esemde} Jnpr.....you sod......crawl lower than a snakes belly in a wagon rut.....sheesh
[10:49] {esemde} time wil tell dino
[10:51] {esemde} peter are you a teacher?
[10:51] {peterg} part time for no pay
[10:51] {esemde} for no PAY!!!!!!!!!!
[10:52] {peterg} it is an honor
[10:52] {peterg} and stupid
[10:52] {peterg} but tradition in field of mental health
[10:52] {peterg} of which I am always sorely in need
[10:52] {esemde} what do you teach
[10:52] {peterg} how to do psychotherapy
[10:52] {peterg} help
[10:53] {esemde} ahhhhhhhh
[10:53] {esemde} we need that on this board
[10:53] {esemde} vad is the worst of course
[10:53] {peterg} I think Judy and Jim may have it covered, too
[10:53] {Threei} and proud of it
[10:54] {esemde} stocks like jnpr drive me to drink at vads house
[10:54] {peterg} I knew I was in the right crowd when I read Vad's creation of treading alter ego.
[10:54] {peterg} You must meet mine someday
[10:54] {Threei} I am ready to pour
[10:54] {esemde} ha ha ha ha good one
[10:55] {peterg} drinx are on me
[10:55] {esemde} ok done......we'll mkae it there one day
[10:56] {peterg} RIMM edging down
[10:56] {Threei} what's wqith EMKR?
[10:56] {dino} rimm wants 99.60s imo, taking strikes earlier this month
[10:57] {dino} ok, about 90 points more dji
[10:57] {dino} july lows
[10:58] {Threei} AMLN shook us out
[11:04] {Threei} another wave of selling is coming... then will start hunting for a bounce
[11:04] {Threei} RIMM gets interesting for a snapback
[11:04] {Threei} .50 support
[11:06] {Threei} grrr... missed
[11:06] {Threei} hopefully we get one more pullback
[11:08] {Threei} OK, in
[11:08] {Threei} stop under .50
[11:11] {Threei} sheesh
[11:12] {magoo} jesus christ wouldn't the shorts cover
[11:12] {magoo} man, bidu down like 60 points in 5 days
[11:13] {dino} grmn fast fall
[11:13] {Threei} whack the mole continues
[11:15] {Chaeron} Good morning all
[11:15] {Threei} chaeron :)
06[11:15] * Chaeron slaps magoo around a bit with a large trout
[11:15] {Threei} Long Setup: AKAM .93
[11:15] {Threei} stop .85
[11:16] {dino} out ges .29 +.39
[11:16] {dino} pig should've had a buck in it
[11:25] {dino} do we trust this move
[11:26] {_csepulve33} good bye and thanks to all
[11:26] {Threei} take care csepulve33
[11:27] {Threei} AKAM 1:1
[11:29] {fernp} out AKAM ty Vad
[11:29] {Threei} :)
[11:31] {dino} gj
[11:39] {Threei} Long Setup: KLAC .51 if stays above .40
[11:47] {magoo} pretty good reverse in AAPL
[11:47] {dino} up we go
[11:47] {Threei} looks like
[11:50] {dino} v sm s skf .30
[11:50] {dptl} klac valid?
[11:50] {Threei} if not losing .40 anymore
[11:51] {dptl} ok ty
[11:51] {Threei} BLACKSTONE AND KKR EXPLORING OPTIONS FOR CERTAIN LEH ASSETS
[11:53] {dino} all is well again
[11:53] {Threei} yup
[11:53] {Threei} what me worry?
[11:54] {Threei} LEH nice buying pressure
[11:56] {Threei} AKAM out in full
[11:56] {Threei} +.25
[11:58] {Threei} scratch KLAC here if you are in
[11:59] {magoo} vad..is there recent news RIMM..its really wounded
[12:00] {Threei} nothing
[12:00] {magoo} at least aapl has power to recover
[12:00] {dino} skf bstop to 119.20
[12:01] {esemde} have a good weekend aalll!!!
[12:01] {peterg} bye ese
[12:01] {Threei} take care ese :)
[12:02] {dino} cov 118.18, +2.12
[12:03] {peterg} wtg
[12:03] {Threei} beauty
[12:05] {dino} ty
[12:06] {dino} ilmn stop to .09
[12:09] {dino} make it .20
[12:09] {magoo} l rimm noew .71
[12:10] {magoo} stop.50
[12:10] {magoo} 300 sh
[12:11] {dino} to .45
[12:11] {pita} have a good day everyone; cu Monday
[12:11] {Threei} take care pita
[12:11] {dino} to .55
[12:12] {dino} to .65
[12:12] {dino} out .65 +1.20
[12:13] {magoo} sheesh..hit 105
[12:14] {dino} you guys are tough
[12:17] {magoo} we atre just used to dino trading in dollsars
[12:17] {magoo} so no big deal
06[12:23] * laserdave1 slaps Threei around a bit with a large trout
06[12:23] * magoo slaps Threei around a bit with a large trout
[12:24] {dptl} rmbs?
[12:24] {dino} celg
06[12:25] * Chaeron slaps laserdave1 around a bit with a large trout
[12:28] {dino} celg can't find news
06[12:29] * laserdave1 slaps Chaeron around a bit with a large trout
06[12:29] * laserdave1 slaps magoo around a bit with a large trout
06[12:29] * magoo slaps laserdave1 around a bit with a large trout
[12:30] {dino} sm l .40 risky
06[12:30] * magoo slaps Chaeron around a bit with a large trout
[12:30] {Threei} wasn't sure about RMBS
[12:30] {Threei} market spike resolved it
[12:33] {dino} stop to b/e
[12:34] {dino} strange
[12:34] {Threei} green flashed on DJI for a second
[12:34] {magoo} one helluva call u hasd this premkt boss...thats why i ask..u usually have good feel
[12:34] {Threei} ty
[12:34] {Threei} I have my moments
[12:37] {dino} lol
[12:40] {dino} stopped celg flat greed got me, had .50
[12:46] {dino} now it goes
[12:47] {dino} there goes the ges buck too, ugh
[12:51] {dino} out afam .70, +.60
[12:52] {Threei} UAUA is preparing for a break possible
[12:54] {dino} mdvn sm l .60, stop .33
[12:58] {dino} celg sm l .50
[13:08] {Threei} green
[13:09] {magoo} i see red lol
[13:09] {Threei} blinks fast, don't take your eyes off :)
[13:11] {magoo} laser dcc
[13:12] {Threei} green, look fast
[13:13] {dino} bucy moving, will joyg go w/it
[13:15] {dino} pcln stop to .29
[13:16] {dino} celg stopped terrible
[13:16] {dino} out pcln .39 +1.14
[13:16] {Threei} nice
[13:22] {peterg} has dino got all the money now?
[13:22] {Threei} yeah
[13:22] {dino} not
[13:22] {dino} smaller size today
[13:22] {dino} over goal
[13:22] {peterg} modest
[13:22] {peterg} good 4 u
[13:23] {dino} just lucky
[13:24] {Threei} FORMER FED CHAIRMAN VOLCKER: THE FINANCIAL SYSTEM HAS BROKEN DOWN, THE CURRENT FINANCIAL TURMOIL IS THE MOST COMPLICATED CRISIS HE HAS SEEN - CONF COMMENTS
[13:24] {Threei} - predicts losses from the financial crisis will exceed $500B
[13:24] {Threei} 500B? don't look now
[13:25] {Threei} if I promise to be fiscally responsible, can I have 1/500 of that?
[13:26] {Threei} 5 points bounce RIMM
[13:27] {Threei} (and it's still red, LOL)
[13:33] {dino} out mdvn .20, +.60
[13:34] {dino} spiked right into my layout
[13:34] {dino} celg comes back, sheesh
[13:41] {cosmo} spnc too
[13:42] {peterg} Popeye eats spnc to get strong
[13:44] {dino} i yam what i yam
[13:44] {peterg} that's it!!
[13:44] {dino} and "i will gladly pay you tomorrow for a hamberger today"
[13:44] {dino} hamburger
[13:44] {cosmo} spnc has some potential....it could do a 'popeye' i say
[13:45] {dino} so could olive
[13:46] {cosmo} seems to be biting through the can still....
[13:48] {cosmo} 5.85 hod
[13:49] {peterg} u in?
[13:49] {peterg} cosmo?
[13:49] {cosmo} always...
[13:49] {peterg} ok
[13:50] {cosmo} once you're in, you're in for good...
[13:50] {Threei} lol
[13:50] {dino} brb
[13:51] {peterg} whats the line from hotel california, you can check out but never leave
[13:51] {peterg} :
[13:51] {peterg} ?
[13:53] {Threei} Last thing I remember, I was
[13:53] {Threei} Running for the door
[13:53] {Threei} I had to find the passage back
[13:53] {Threei} To the place I was before
[13:53] {Threei} ’relax,’ said the night man,
[13:53] {Threei} We are programmed to receive.
[13:53] {Threei} You can checkout any time you like,
[13:53] {Threei} But you can never leave!
[13:53] {peterg} wonderful!
[13:53] {peterg} metaphor for life?
[13:53] {cosmo} the Prisoner?
[13:54] {cosmo} checking..
[13:54] {Threei} 20 cents scalp SPNC, thanks cosmo
[13:55] {cosmo} quitter...
[13:58] {cosmo} .89 stop
[13:59] {peterg} listenin to Hotel California..... memories
[14:00] {cosmo} ... i had a bad experience with that album...
[14:00] {magoo} like "life in the fastt lane"
[14:01] {cosmo} loud neighbors
[14:01] {cosmo} the music anyway...they were all passed out
[14:01] {peterg} thats baad
[14:02] {peterg} enuf to sour you even on the sacred song?
[14:02] {GeoArb} hi just visiting as cant keep away.... Am going to be in DC till thurday :(
[14:02] {peterg} hey geo
[14:02] {cosmo} they took it to the limit..
[14:03] {peterg} was this the time of my youth? the sixties?
[14:03] {peterg} maybe the album wasnt even out then
[14:03] {peterg} dont remember hahaha
[14:05] {dino} 70s
[14:06] {Threei} Geo :)
[14:07] {magoo} funny..u call it album..not cd lol
[14:08] {peterg} showin age
[14:09] {cosmo} hmm... maybe the cd is better...
[14:09] {peterg} vinyl supposed to have more depth, resonance.
[14:10] {dptl} lol...cosmo
[14:12] {cosmo} spnc 6.10 test ...at some point
[14:23] {Threei} oil sharp drop
[14:29] {Threei} and sharp spike
[14:30] {Threei} someone's throwing darts or what
[14:32] {magoo} vad..what would logic sugest?
[14:32] {magoo} power up or sell off into bell
[14:33] {Threei} can't tell really
[14:34] {magoo} why?
[14:34] {Threei} maarket is so hesitant here, hard to read its intention
[14:34] {Threei} whole bounce looked quite labored
[14:35] {Threei} no that lovely violent rally of relief
[14:35] {Threei} rather "well, technically I have to bounce here, so be it... there, happy now?"
[14:36] {Threei} makes me think more selling next week
[14:38] {magoo} smart guy u be
[14:39] {Threei} good looking too
[14:40] {magoo} and modest
[14:40] {Threei} too modest I'd say
[14:40] {magoo} too good lookin i'd say
[14:41] {magoo} see..i need to borrow some cash so suckin up here
[14:41] {Threei} who's magoo?
[14:45] {magoo} l aapl here .20
[14:45] {magoo} sm
[14:46] {magoo} stop .89
[14:47] {Threei} {LEH TICKING HIGHER AFTER POSITIVE COMMENTS BY JIM CRAMER
[14:48] {_andresy} Good bye, and thanks to all of you
[14:48] {dino} sm l afam .02
[14:48] {Threei} take care andresy
[14:49] {_andresy} You too
[14:49] {magoo} yes..take care
[14:50] {dino} cya andresy
[14:52] {Threei} BARTON BIGGS SPECULATES THAT THE MARKETS MAY BE NEARING A BOTTOM AND MAY RALLY - INTERVIEW COMMENTS
[14:52] {Threei} - Biggs cites recent decrease in price of oil that may establish a short surge in consumer spending
[14:55] {magoo} RIMM trying for green
[14:56] {Threei} everything went green
[14:56] {Threei} DJI, COMP, SP, NQ
[14:58] {magoo} aapl trying green
[14:59] {dino} afam out .51 +.49
[15:14] {magoo} short rimm .60 now small
[15:16] {magoo} looking for loss of 106
[15:18] {magoo} nope
[15:19] {magoo} RIMM sux anymore
[15:20] {peterg} how about that nvda
[15:21] {dino} sm l gldd .75, stop .48
[15:21] {peterg} swing, a la ese
[15:21] {Threei} yeah... slow and narrow but works
[15:22] {dino} kind of mean to say about es
[15:23] {Threei} lol
[15:23] {Threei} too bad we will forget about it till Monday... he would love it
[15:24] {dino} indeed
[15:24] {magoo} ruimm gonna lose 106..back in sh .71
[15:25] {magoo} god dammit
[15:25] {dino} fixated on it
[15:27] {dino} cach spike
02[15:28] * Disconnected
[08:07] {Threei} IRANIAN OPEC GOV: OIL PRICE AT $100/BBL IS ACCEPTIBLE, STATES SHOULD STICK TO QUOTAS
[08:07] {Threei} {USO}
[08:11] {Threei} PREVIEW: AUG UNEMPLOYMENT RATE DATA DUE OUT AT 8:30AM
[08:11] {Threei} - Consensus expectations at 5.6% vs 5.5% prior
[08:11] {Threei} - Reminder July's 5.7% reading were the highest since March 2004
[08:29] {magoo} morning
[08:29] {Threei} magoo :)
[08:30] {magoo} minus84k
[08:30] {magoo} 6.1%
[08:30] {Threei} *AUG UNEMPLOYMENT RATE: 6.1% V 5.7% PRIOR
[08:31] {Threei} *AUG CHANGE IN NONFARM PAYROLLS: -84K V -75KE; CHANGE IN MANUFACTURING PAYROLLS: -61K V -35K
[08:31] {Threei} - Prior Jun Nonfarm Payrolls revised Higher from - 51K to -60K
[08:31] {Threei} - Prior Manufacturing Payrolls revised Lower from -35K to -38K
[08:31] {Threei} gap down is good
[08:31] {_andresy} Morning
[08:31] {Threei} lays the foundation for a bounce later on
[08:31] {magoo} better than gap up
[08:31] {Threei} adnresy :)
[08:31] {Threei} yeah, gap up would have been sold into
[08:32] {_andresy} rimm 3.06% down
[08:33] {Threei} oil new lows
[08:39] {magoo} vad, wheres support for rIMM?3 month low was 106
[08:39] {Threei} just under 102, next is 100
[08:39] {Threei} but you know how support is
[08:40] {Threei} it's holding until it doesn't
[08:40] {magoo} whats with UST up 12
[08:40] {Threei} 100 is quite pronounced
[08:41] {Threei} 09/04/08 09:46pm [UST] Altria in talks to buy UST, in a deal valued at $10B, according to the NY Timesmore.. - NY Times said that the acquisition, which is at a delicate state and could still fall apart, would be Altria’s first major purchase since the company split in March, spinning off Philip Morris International to become an independent company focused on the overseas tobacco business and giving the Altria name to Philip Morris USA. People involved in the transaction were planning to work through the weekend to complete the deal as soon as Monday, the paper added(related: MO )
[08:44] {_andresy} Vad, where do you see a possible support for VLO?
[08:46] {Threei} around 32.50... but VLO is a bit different animal
[08:47] {Threei} the way it trades is influenced by stories and fundamentals to greater degree than your normal stock
[08:49] {_andresy} Good to know that
[08:49] {cosmo} SPNC tries to bounce
[08:49] {magoo} what u stalking vad?
[08:50] {Threei} 09/04/08 09:17pm [SPNC] Confirms federal investigation, jointly served by the FDA and ICE with a search warrant
[08:51] {Threei} usual suspects so far
[08:51] {cosmo} needs to hold 5
[08:51] {cosmo} should hold 5.10
[08:51] {cosmo} imho
[08:53] {magoo} vad, u usually have good "overall"feel..what u suspect today happens?
[08:53] {Threei} initial selling followed by strong bounce and green close
[08:54] {magoo} now thats conviction
[08:54] {Threei} just a working assumption
[08:54] {magoo} instead opf one word u "infamous" for..as in "up" lol
[08:55] {Threei} well... let's try it
[08:55] {Threei} down, then up
[08:55] {Threei} better? :)
[08:55] {magoo} no..liked the other
[08:55] {Threei} ugh... more typing for me
[09:05] {Threei} interesting
[09:05] {Threei} - In the papers: The NY Times article suggested that Main Bank of China is in Need of Capital after a seven year buying spree of around $1 trillion worth of Treasury bonds and mortgage-backed debt issued. The article noted that these investments have been declining sharply in value when converted from dollars into the strong CNY, casting a spotlight on the central bank's tiny capital base. The bank's capital, just $3.2 billion, has not grown during the buying spree, despite private warnings from the IMF
[09:06] {_csepulve33} good morning
[09:07] {Threei} csepulve :)
[09:08] {_csepulve33} maybe more initial selling today
[09:08] {Threei} [08:53] {magoo} vad, u usually have good "overall"feel..what u suspect today happens?
[09:08] {Threei} [08:53] {Threei} initial selling followed by strong bounce and green close
[09:09] {_csepulve33} yes I agree
[09:10] {Onix} Good morning all you brave people
[09:13] {pita} gm all
[09:13] {Threei} onix, pita :)
[09:14] {fernp} Good Morning all
[09:14] {Threei} fern :)
[09:15] {dino} gm all
[09:18] {peterg} gm all
[09:19] {peterg} watching RIMM
[09:19] {Threei} dino, peter :)
[09:19] {magoo} im interested in RIMM AAPL and bidu today..
[09:20] {magoo} if i make call..its a max loss of $200..so size accordingly
[09:20] {magoo} ill be taking 300 shares..which gives me a lil room to avoid rinsde
[09:20] {esemde} good morning all....still swing long NVDA
[09:20] {magoo} RIMM 3 month low..3 is 106 area
[09:22] {esemde} I have a couple swing trading times of the year......Sept, Decembe and June
[09:22] {dptl} good morning all
[09:22] {esemde} dp
[09:23] {dptl} ese:)
[09:23] {Threei} ese, dp :)
[09:23] {esemde} morning vad......
[09:24] {peterg} not trade RIMM premkt?
[09:24] {peterg} too risky?
[09:24] {Threei} nah
[09:24] {Threei} let the dust settle
[09:24] {peterg} resist temptation
[09:24] {peterg} easy to become one with greed
[09:25] {esemde} is that Gordon Gecko also peter
[09:25] {peterg} Gorden did it better!
[09:25] {dino} relax guys, let it come to you
[09:25] {peterg} there ya go
[09:26] {tomg} gm all
[09:26] {Threei} tom :)
[09:26] {dino} lets remember a few rules
[09:26] {dino} good trading is not about being right, its' about trading right
[09:27] {dino} think in probabilities
[09:27] {dino} use your edge, manage your risk, be consistant, keep it simple
06[09:27] * Threei retires
[09:27] {dino} don't blame market or others for errors
[09:27] {cosmo} all fridays are 'good'
[09:27] {esemde} big volume SNDK......up 3pts
[09:27] {Threei} buyout negotiations with Samsung, SNDK
[09:28] {dino} trading is not a sprint, its' boxing. you must remain in the ring
[09:28] {dino} risk is your friend, however traders expect to lose regularly
[09:29] {dino} and thats' it in a nutshell from me
[09:29] {_csepulve33} get ready for the battle
[09:29] {peterg} sound of sustained applause
06[09:29] * Threei reiterates his retirement
[09:29] {peterg} thks dino
[09:30] {peterg} threei please stay
[09:30] {Threei} no need
[09:30] {esemde} shiskabob restaurant then vad?
[09:30] {patience} dino in the coach's corner....every morning words of wisdom
[09:30] {Threei} dino just told you everything you need to know, I have nothing to add :)
[09:30] {dino} i'm blushing
[09:31] {dino} keep an eye on pcln, held well yesterday
[09:37] {dino} watching ges, afam, pcln, ilmn
[09:37] {dino} rimm
[09:37] {dino} need coffee
[09:38] {dino} advantage to magoo arriving first, coffee is ready
[09:38] {Threei} lol
[09:38] {Threei} jeez TGIC
[09:38] {Threei} RAMR is trying to follow
[09:40] {Roman} HOKU radar, news last night
[09:40] {esemde} ha i know just missed it at .50 didn't want to chase
[09:40] {esemde} tgic that is
[09:41] {Threei} 09/04/08 04:10pm [HOKU] Signs ten-year, $455M polysilicon supply deal with Solargiga in China
[09:41] {dino} 10962 in the cards
[09:41] {Threei} RAMR looks to be next to jump
[09:45] {esemde} SPNC....news?
[09:45] {Threei} nothing today
[09:46] {esemde} bstop SPNC .50
[09:46] {dino} pcln sm l .25
[09:46] {dino} wide
[09:47] {Threei} SNDK is not done it looks like
[09:48] {Threei} if pulls back to around .20, worth an entry
[09:48] {esemde} spnc....bstop invalidated
[09:49] {Threei} stop under 17 so size accordinglyu
[09:49] {Threei} in
[09:50] {magoo} where?
[09:50] {Threei} .15
[09:52] {magoo} .11
[09:53] {magoo} out .04
[09:53] {Threei} yeah, no worky
[09:53] {magoo} no like mkt fall here
[09:54] {magoo} its avail short vad
[09:54] {judijim} good morning all
[09:54] {Threei} jj :)
[09:55] {Threei} Long Setup: PMI .41 if stays above .30
[09:58] {Threei} Short Setup: AMLN
[09:58] {Threei} .79
[09:58] {Threei} stop above 21
[10:00] {Threei} *US Q2 MORTGAGE DELINQUENCIES: 6.41% V 6.35% PRIOR
[10:00] {esemde} vsea long .30 1/2
[10:00] {Onix} ss AMLN .79
[10:01] {dino} v sm l ilmn .45
[10:01] {esemde} make that .98...thought it was .30
[10:02] {esemde} vsea stopp .88
[10:03] {Roman} long URRE
[10:03] {Roman} small
[10:03] {Roman} 3.02
[10:04] {esemde} out VSEA .32 +.34
[10:04] {Threei} wtg
[10:05] {esemde} lucky fill on .32 i think
[10:06] {dino} gj
[10:11] {Threei} AMLN stop to .88
[10:13] {Threei} out
[10:13] {Onix} AMLN stopped
[10:14] {Threei} better keep them tight than get caught in too violent move today
[10:15] {Threei} there you go
[10:17] {esemde} L ADCT .88 3/4
[10:18] {esemde} tight stop .80
[10:20] {dino} abm
[10:20] {Threei} DBI Setup: AKAM .93 trigger if stays below 19
[10:22] {Threei} Short Setup: KLAC into this bounce, stop above 34
[10:22] {Threei} try to get it as close to .90 as possible
[10:23] {Onix} in AKAM .93
[10:24] {Threei} SPNC
[10:24] {Threei} HEARING CITIGROUP MAKING POSITIVE COMMENTS; REITERATES BUY RATING (TIMING UNCERTAIN)
[10:25] {esemde} out ADCT .88 + .00 even....seen this before...topping out
[10:26] {Threei} if you got KLAC .85 or so, cover half here
[10:26] {Threei} AKAM 1:1, half out, scalpers cover in full
[10:27] {Onix} AKAM 11c ty Vad
[10:27] {dino} ges sm l .90, stop .49
[10:28] {fernp} out AKAM ty Vad
[10:28] {Threei} welcome guys
[10:28] {Threei} new 52 week lows on both, AKAM and KLAC
[10:28] {peterg} tks vad, +.09 avg
[10:28] {dptl} +.10 akam ty
[10:29] {Threei} NVDA is holding admirably well
[10:29] {Threei} so does CSCO
[10:29] {Threei} start making your list of candidates for whwen the market recovers
[10:29] {Threei} RMBS strong
[10:30] {Threei} maybe on the back of SNDK, not sure
[10:34] {Threei} cover KLAC in full
[10:37] {dino} afam v sm l .10
[10:38] {esemde} nvda is looking good against the indexes......usually it follows them to the letter
[10:38] {Threei} yes
[10:38] {Threei} [10:29] {Threei} NVDA is holding admirably well
[10:39] {peterg} ese, how long r u thinking of holding nvda for?
[10:39] {peterg} or how are you thinking about yr swing trade?
[10:39] {esemde} L JNPR .04 3/4
[10:40] {esemde} stop .89
[10:42] {esemde} somwhere around 15 or 16.....it'll take awhile......some extra funds hanging around so they might as well be put to use
[10:44] {esemde} it's had the crap beat out of it and it may hang around here awhile but i can wait it out on this one peter
[10:44] {peterg} thks es
[10:45] {esemde} this is a good time of the year for me to do a swing trade because i'm back teaching and this is a very busy time for me
[10:46] {peterg} begng of sch yr is insane
[10:46] {peterg} I have HS sr and coll. sophmore
[10:47] {esemde} Jnpr ...stopped -.15
[10:47] {dino} i believe you will be right es
[10:49] {esemde} Jnpr.....you sod......crawl lower than a snakes belly in a wagon rut.....sheesh
[10:49] {esemde} time wil tell dino
[10:51] {esemde} peter are you a teacher?
[10:51] {peterg} part time for no pay
[10:51] {esemde} for no PAY!!!!!!!!!!
[10:52] {peterg} it is an honor
[10:52] {peterg} and stupid
[10:52] {peterg} but tradition in field of mental health
[10:52] {peterg} of which I am always sorely in need
[10:52] {esemde} what do you teach
[10:52] {peterg} how to do psychotherapy
[10:52] {peterg} help
[10:53] {esemde} ahhhhhhhh
[10:53] {esemde} we need that on this board
[10:53] {esemde} vad is the worst of course
[10:53] {peterg} I think Judy and Jim may have it covered, too
[10:53] {Threei} and proud of it
[10:54] {esemde} stocks like jnpr drive me to drink at vads house
[10:54] {peterg} I knew I was in the right crowd when I read Vad's creation of treading alter ego.
[10:54] {peterg} You must meet mine someday
[10:54] {Threei} I am ready to pour
[10:54] {esemde} ha ha ha ha good one
[10:55] {peterg} drinx are on me
[10:55] {esemde} ok done......we'll mkae it there one day
[10:56] {peterg} RIMM edging down
[10:56] {Threei} what's wqith EMKR?
[10:56] {dino} rimm wants 99.60s imo, taking strikes earlier this month
[10:57] {dino} ok, about 90 points more dji
[10:57] {dino} july lows
[10:58] {Threei} AMLN shook us out
[11:04] {Threei} another wave of selling is coming... then will start hunting for a bounce
[11:04] {Threei} RIMM gets interesting for a snapback
[11:04] {Threei} .50 support
[11:06] {Threei} grrr... missed
[11:06] {Threei} hopefully we get one more pullback
[11:08] {Threei} OK, in
[11:08] {Threei} stop under .50
[11:11] {Threei} sheesh
[11:12] {magoo} jesus christ wouldn't the shorts cover
[11:12] {magoo} man, bidu down like 60 points in 5 days
[11:13] {dino} grmn fast fall
[11:13] {Threei} whack the mole continues
[11:15] {Chaeron} Good morning all
[11:15] {Threei} chaeron :)
06[11:15] * Chaeron slaps magoo around a bit with a large trout
[11:15] {Threei} Long Setup: AKAM .93
[11:15] {Threei} stop .85
[11:16] {dino} out ges .29 +.39
[11:16] {dino} pig should've had a buck in it
[11:25] {dino} do we trust this move
[11:26] {_csepulve33} good bye and thanks to all
[11:26] {Threei} take care csepulve33
[11:27] {Threei} AKAM 1:1
[11:29] {fernp} out AKAM ty Vad
[11:29] {Threei} :)
[11:31] {dino} gj
[11:39] {Threei} Long Setup: KLAC .51 if stays above .40
[11:47] {magoo} pretty good reverse in AAPL
[11:47] {dino} up we go
[11:47] {Threei} looks like
[11:50] {dino} v sm s skf .30
[11:50] {dptl} klac valid?
[11:50] {Threei} if not losing .40 anymore
[11:51] {dptl} ok ty
[11:51] {Threei} BLACKSTONE AND KKR EXPLORING OPTIONS FOR CERTAIN LEH ASSETS
[11:53] {dino} all is well again
[11:53] {Threei} yup
[11:53] {Threei} what me worry?
[11:54] {Threei} LEH nice buying pressure
[11:56] {Threei} AKAM out in full
[11:56] {Threei} +.25
[11:58] {Threei} scratch KLAC here if you are in
[11:59] {magoo} vad..is there recent news RIMM..its really wounded
[12:00] {Threei} nothing
[12:00] {magoo} at least aapl has power to recover
[12:00] {dino} skf bstop to 119.20
[12:01] {esemde} have a good weekend aalll!!!
[12:01] {peterg} bye ese
[12:01] {Threei} take care ese :)
[12:02] {dino} cov 118.18, +2.12
[12:03] {peterg} wtg
[12:03] {Threei} beauty
[12:05] {dino} ty
[12:06] {dino} ilmn stop to .09
[12:09] {dino} make it .20
[12:09] {magoo} l rimm noew .71
[12:10] {magoo} stop.50
[12:10] {magoo} 300 sh
[12:11] {dino} to .45
[12:11] {pita} have a good day everyone; cu Monday
[12:11] {Threei} take care pita
[12:11] {dino} to .55
[12:12] {dino} to .65
[12:12] {dino} out .65 +1.20
[12:13] {magoo} sheesh..hit 105
[12:14] {dino} you guys are tough
[12:17] {magoo} we atre just used to dino trading in dollsars
[12:17] {magoo} so no big deal
06[12:23] * laserdave1 slaps Threei around a bit with a large trout
06[12:23] * magoo slaps Threei around a bit with a large trout
[12:24] {dptl} rmbs?
[12:24] {dino} celg
06[12:25] * Chaeron slaps laserdave1 around a bit with a large trout
[12:28] {dino} celg can't find news
06[12:29] * laserdave1 slaps Chaeron around a bit with a large trout
06[12:29] * laserdave1 slaps magoo around a bit with a large trout
06[12:29] * magoo slaps laserdave1 around a bit with a large trout
[12:30] {dino} sm l .40 risky
06[12:30] * magoo slaps Chaeron around a bit with a large trout
[12:30] {Threei} wasn't sure about RMBS
[12:30] {Threei} market spike resolved it
[12:33] {dino} stop to b/e
[12:34] {dino} strange
[12:34] {Threei} green flashed on DJI for a second
[12:34] {magoo} one helluva call u hasd this premkt boss...thats why i ask..u usually have good feel
[12:34] {Threei} ty
[12:34] {Threei} I have my moments
[12:37] {dino} lol
[12:40] {dino} stopped celg flat greed got me, had .50
[12:46] {dino} now it goes
[12:47] {dino} there goes the ges buck too, ugh
[12:51] {dino} out afam .70, +.60
[12:52] {Threei} UAUA is preparing for a break possible
[12:54] {dino} mdvn sm l .60, stop .33
[12:58] {dino} celg sm l .50
[13:08] {Threei} green
[13:09] {magoo} i see red lol
[13:09] {Threei} blinks fast, don't take your eyes off :)
[13:11] {magoo} laser dcc
[13:12] {Threei} green, look fast
[13:13] {dino} bucy moving, will joyg go w/it
[13:15] {dino} pcln stop to .29
[13:16] {dino} celg stopped terrible
[13:16] {dino} out pcln .39 +1.14
[13:16] {Threei} nice
[13:22] {peterg} has dino got all the money now?
[13:22] {Threei} yeah
[13:22] {dino} not
[13:22] {dino} smaller size today
[13:22] {dino} over goal
[13:22] {peterg} modest
[13:22] {peterg} good 4 u
[13:23] {dino} just lucky
[13:24] {Threei} FORMER FED CHAIRMAN VOLCKER: THE FINANCIAL SYSTEM HAS BROKEN DOWN, THE CURRENT FINANCIAL TURMOIL IS THE MOST COMPLICATED CRISIS HE HAS SEEN - CONF COMMENTS
[13:24] {Threei} - predicts losses from the financial crisis will exceed $500B
[13:24] {Threei} 500B? don't look now
[13:25] {Threei} if I promise to be fiscally responsible, can I have 1/500 of that?
[13:26] {Threei} 5 points bounce RIMM
[13:27] {Threei} (and it's still red, LOL)
[13:33] {dino} out mdvn .20, +.60
[13:34] {dino} spiked right into my layout
[13:34] {dino} celg comes back, sheesh
[13:41] {cosmo} spnc too
[13:42] {peterg} Popeye eats spnc to get strong
[13:44] {dino} i yam what i yam
[13:44] {peterg} that's it!!
[13:44] {dino} and "i will gladly pay you tomorrow for a hamberger today"
[13:44] {dino} hamburger
[13:44] {cosmo} spnc has some potential....it could do a 'popeye' i say
[13:45] {dino} so could olive
[13:46] {cosmo} seems to be biting through the can still....
[13:48] {cosmo} 5.85 hod
[13:49] {peterg} u in?
[13:49] {peterg} cosmo?
[13:49] {cosmo} always...
[13:49] {peterg} ok
[13:50] {cosmo} once you're in, you're in for good...
[13:50] {Threei} lol
[13:50] {dino} brb
[13:51] {peterg} whats the line from hotel california, you can check out but never leave
[13:51] {peterg} :
[13:51] {peterg} ?
[13:53] {Threei} Last thing I remember, I was
[13:53] {Threei} Running for the door
[13:53] {Threei} I had to find the passage back
[13:53] {Threei} To the place I was before
[13:53] {Threei} ’relax,’ said the night man,
[13:53] {Threei} We are programmed to receive.
[13:53] {Threei} You can checkout any time you like,
[13:53] {Threei} But you can never leave!
[13:53] {peterg} wonderful!
[13:53] {peterg} metaphor for life?
[13:53] {cosmo} the Prisoner?
[13:54] {cosmo} checking..
[13:54] {Threei} 20 cents scalp SPNC, thanks cosmo
[13:55] {cosmo} quitter...
[13:58] {cosmo} .89 stop
[13:59] {peterg} listenin to Hotel California..... memories
[14:00] {cosmo} ... i had a bad experience with that album...
[14:00] {magoo} like "life in the fastt lane"
[14:01] {cosmo} loud neighbors
[14:01] {cosmo} the music anyway...they were all passed out
[14:01] {peterg} thats baad
[14:02] {peterg} enuf to sour you even on the sacred song?
[14:02] {GeoArb} hi just visiting as cant keep away.... Am going to be in DC till thurday :(
[14:02] {peterg} hey geo
[14:02] {cosmo} they took it to the limit..
[14:03] {peterg} was this the time of my youth? the sixties?
[14:03] {peterg} maybe the album wasnt even out then
[14:03] {peterg} dont remember hahaha
[14:05] {dino} 70s
[14:06] {Threei} Geo :)
[14:07] {magoo} funny..u call it album..not cd lol
[14:08] {peterg} showin age
[14:09] {cosmo} hmm... maybe the cd is better...
[14:09] {peterg} vinyl supposed to have more depth, resonance.
[14:10] {dptl} lol...cosmo
[14:12] {cosmo} spnc 6.10 test ...at some point
[14:23] {Threei} oil sharp drop
[14:29] {Threei} and sharp spike
[14:30] {Threei} someone's throwing darts or what
[14:32] {magoo} vad..what would logic sugest?
[14:32] {magoo} power up or sell off into bell
[14:33] {Threei} can't tell really
[14:34] {magoo} why?
[14:34] {Threei} maarket is so hesitant here, hard to read its intention
[14:34] {Threei} whole bounce looked quite labored
[14:35] {Threei} no that lovely violent rally of relief
[14:35] {Threei} rather "well, technically I have to bounce here, so be it... there, happy now?"
[14:36] {Threei} makes me think more selling next week
[14:38] {magoo} smart guy u be
[14:39] {Threei} good looking too
[14:40] {magoo} and modest
[14:40] {Threei} too modest I'd say
[14:40] {magoo} too good lookin i'd say
[14:41] {magoo} see..i need to borrow some cash so suckin up here
[14:41] {Threei} who's magoo?
[14:45] {magoo} l aapl here .20
[14:45] {magoo} sm
[14:46] {magoo} stop .89
[14:47] {Threei} {LEH TICKING HIGHER AFTER POSITIVE COMMENTS BY JIM CRAMER
[14:48] {_andresy} Good bye, and thanks to all of you
[14:48] {dino} sm l afam .02
[14:48] {Threei} take care andresy
[14:49] {_andresy} You too
[14:49] {magoo} yes..take care
[14:50] {dino} cya andresy
[14:52] {Threei} BARTON BIGGS SPECULATES THAT THE MARKETS MAY BE NEARING A BOTTOM AND MAY RALLY - INTERVIEW COMMENTS
[14:52] {Threei} - Biggs cites recent decrease in price of oil that may establish a short surge in consumer spending
[14:55] {magoo} RIMM trying for green
[14:56] {Threei} everything went green
[14:56] {Threei} DJI, COMP, SP, NQ
[14:58] {magoo} aapl trying green
[14:59] {dino} afam out .51 +.49
[15:14] {magoo} short rimm .60 now small
[15:16] {magoo} looking for loss of 106
[15:18] {magoo} nope
[15:19] {magoo} RIMM sux anymore
[15:20] {peterg} how about that nvda
[15:21] {dino} sm l gldd .75, stop .48
[15:21] {peterg} swing, a la ese
[15:21] {Threei} yeah... slow and narrow but works
[15:22] {dino} kind of mean to say about es
[15:23] {Threei} lol
[15:23] {Threei} too bad we will forget about it till Monday... he would love it
[15:24] {dino} indeed
[15:24] {magoo} ruimm gonna lose 106..back in sh .71
[15:25] {magoo} god dammit
[15:25] {dino} fixated on it
[15:27] {dino} cach spike
02[15:28] * Disconnected
Thursday, September 4, 2008
Sep 04 2008
Session Time: Thu Sep 04 00:00:00 2008
[08:07] {Threei} sold half URRE 3.38, +.19
[08:15] {Threei} AUG ADP EMPLOYMENT CHANGE: -33K V 30KE
[08:28] {esemde} good morning ....got cut off just before i was going to enter VPHM yesterday....but I think we have my computors problems solved
[08:29] {Threei} good morning ese
[08:29] {Threei} what was it?
[08:29] {esemde} If you have a portable phone in the same room as your wireles router
[08:29] {esemde} look out
[08:30] {esemde} the problem was solved by
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 444K V 420KE
[08:30] {Threei} CONTINUING CLAIMS: 3.435M V 3.420ME
[08:30] {Threei} - Prior Initial Jobless Claims revised from 4425K to 429K
[08:30] {Threei} - Prior Continuing Claims revised from 3.423M to 3.429M
[08:30] {esemde} a 19 years technical wiz bang kid who lives 100 miles south of BomBay India...some town I had never heard of
[08:31] {Threei} *Q2 FINAL NONFARM PRODUCTIVITY: 4.3% V 3.5%E; UNIT LABOR COSTS: -0.5% V 0.0%E
[08:31] {Threei} jeez
[08:31] {Threei} so just need to turn it off?
[08:31] {esemde} I have been struggling with this problem for a couple of months now and no one had been able to solve it
[08:32] {esemde} no....he changed the channel setting on my
[08:32] {esemde} Linksys wireless router
[08:32] {Threei} got it
[08:33] {Threei} I remember now that you said it... my old phone did interfere with wireless connection as well
[08:33] {Threei} newer one is in another frequency band, no such effect
[08:33] {esemde} plus a couple of other settings inside the router.......
[08:34] {esemde} I hope this sovlves the probelm......this has been very frustrating
[08:39] {Threei} Added some Alaska photos to http://www.flickr.com/photos/36948132@N00/sets/72157606920267755/
[08:41] {cosmo} nice UFO shot....
[08:41] {Threei} hmm?
[08:41] {cosmo} ...the last one...
[08:42] {Threei} oh
[08:42] {Threei} lol
[08:42] {Threei} torn between dumping URRE at .40 and attempt to hold for more
[08:43] {cosmo} SOLR: deal with LDK Solar
[08:44] {cosmo} fwiw
[09:04] {dino} gm all
[09:04] {Threei} dino :)
[09:06] {Onix} Good morning everyone!
[09:10] {Threei} onix :)
[09:11] {pita} morning all
[09:13] {Threei} pita :)
[09:15] {fernp} gm
[09:16] {Threei} fern :)
[09:16] {tomg} gm all, enjoyed the photos vad
[09:16] {Threei} ty tom :)
[09:17] {Onix} gtreat photos ty Vad
[09:17] {Threei} :)
[09:18] {Threei} going to be fairly picky today
[09:19] {Threei} the change we got so far is stubborn selling in the markets even though oil drops,
[09:19] {Threei} so we lost, at least so far, our leading indicator that worked for us through August
[09:20] {Threei} another change was, market became a bit less choppy and a bit more trneding
[09:20] {magoo} morning
[09:20] {Threei} so our attempts at reversals stopped working
[09:20] {Threei} magoo :)
[09:20] {magoo} took 3 tries to enter room vad..just in case u monitoring it
[09:20] {Threei} so... as we re-adjust, going to be careful and picky
[09:21] {Threei} what message were you getting?
[09:22] {Threei} as I posted earlier, sold half URRE at 3.39
[09:22] {magoo} i dont know
[09:22] {Threei} holding half still
[09:23] {Threei} I see just one connecting attempt by you, successful
[09:23] {magoo} anyway, a trending mkt would be easier to trade imo as long as we figure out trend
[09:23] {Threei} so whatever it was, it wqas not reaching the server
[09:23] {Threei} sure... we got unused from trend, played chppiness which pretty much took us into reversal
[09:23] {Threei} mode
[09:24] {Threei} not sure today is right day to play downtrend, daily feels like snapback time
[09:24] {Threei} but we will see how it goes
[09:25] {magoo} well..yes..i think i mentioned yesterday that i feel today was going up big
[09:25] {magoo} but who knows
[09:29] {peterg} gm all
[09:29] {Threei} peter :)
[09:29] {Threei} out 300 more 3.45
[09:29] {Threei} 200 left
[09:29] {Threei} offering 3.60
[09:30] {Threei} stop 3.15
[09:31] {dino} c'mon down 60+/- more dji
[09:32] {Threei} Long Setup: FNM .21 trigger
[09:32] {Threei} if stays above .10
[09:33] {Threei} out URRE .58
[09:33] {Threei} that was a good hold for gap
[09:33] {Threei} anyone followed?
[09:34] {patience} still in urre, you're faster than me
[09:34] {Threei} I am less patient :)
[09:35] {dptl} good morning all
[09:35] {Threei} dp :)
[09:36] {Threei} hmmm
[09:36] {Threei} URRE really has legs still it seems
[09:36] {patience} i like the volume in it
[09:36] {Threei} yes
[09:37] {dino} afam sm l .35
[09:38] {dino} ges sm l .80
[09:38] {Threei} Short Setup: AKAM.19 if stays below .25
[09:38] {dino} wide both
[09:45] {Threei} 20 is last bastion for AKAM
[09:45] {dino} ges stop to .50
[09:45] {Threei} cover half here just in case
[09:45] {Threei} but it feels to me it's going to break it down
[09:46] {Onix} in AKAM 20.13
[09:46] {dino} out ges .80, +1.00
[09:47] {dino} out afam .80, +.45
[09:47] {Threei} here we go
[09:47] {Threei} wtg dino
[09:47] {dino} ty
[09:48] {dino} ok dji get us to 11330ish
[09:48] {dino} rimm coming back up
[09:48] {dino} hod rimm
[09:49] {dptl} out akam at 20 ty
[09:49] {Threei} welcome
[09:50] {Roman} long WB
[09:50] {Roman} 17.05
[09:52] {Threei} ABK
[09:52] {Roman} long MER
[09:52] {Threei} tries to break yesterday's high
[09:52] {Roman} 28.05
[09:52] {Threei} what is pushing financials?
[09:55] {magoo} l rimm .50 sm'
[09:55] {Threei} nice WB
[09:55] {magoo} stop .98
[09:56] {Roman} STSI just keeps going
[09:57] {Roman} FRE radar
[09:58] {dino} afam sm l .45
[09:59] {dino} gtls blood
[09:59] {judijim} good morning all
[09:59] {Threei} jj :)
[10:00] {Threei} AUG ISM NON-MANUFACTURING COMPOSITE: 50.6 V 49.5E
[10:01] {Threei} Non-Mfg Prices Paid Index: 72.9 v 80.8 in July
[10:01] {Threei} - Employment: 45.4 v 47.1 in July
[10:01] {Threei} - New Orders Index: 49.7 v 47.9 in July
[10:03] {dino} gtls l sm .50
[10:04] {Threei} Long Setup: UAUA .17 trigger
[10:04] {Threei} 12.05 stop
[10:06] {Threei} UAUA 1:1
[10:06] {fernp} ty
[10:06] {Threei} half out or scalp, your choice
[10:06] {Threei} fern :)
[10:07] {Threei} 1:2
[10:07] {Threei} me out
[10:08] {magoo} out .43 THANX
[10:08] {Threei} welcome
[10:08] {Onix} ty Vad, UAUA good
[10:08] {Threei} :)
[10:10] {Threei} we have oil inventories at 11 today
[10:10] {Threei} unusual day and time
[10:10] {Threei} almost forgot about it
[10:14] {dino} gtls stop to .94 expect slip
[10:17] {dino} to .05
[10:17] {dino} out afam -.45
[10:18] {Threei} Short Setup: LEH 16.19 trigger if stays under .30
[10:19] {Threei} in aggressively
[10:19] {Threei} stop .36
[10:19] {dino} gtls to .10
[10:21] {Onix} in ss LEH .28
[10:21] {dino} out gtls .12, +.62
[10:23] {esemde} swing long NVDA 11.57 full lot
[10:23] {magoo} vad, leh holding in a naz pullbk
[10:24] {Threei} so it will be stopped at .36
[10:24] {magoo} boy are you sensitive {again}
[10:24] {Threei} just not sure what you want me to do in the middle of the trade
[10:25] {magoo} just giving insight i too .31
[10:25] {magoo} sah
[10:25] {dino} stop fighting girls
[10:25] {magoo} that DOES IT
06[10:25] * magoo slaps dino around a bit with a large trout
[10:25] {Threei} lol
06[10:25] * magoo slaps Threei around a bit with a large trout
[10:26] {Threei} that's what aggressive entires are for, aren't they? less certainty in outcome, tighter stops
[10:27] {magoo} hey, i took it
[10:27] {magoo} just adding info as i see it
[10:28] {magoo} but mind u ..if it works..i not thanking u for all the smack i taking here
[10:28] {Threei} NIGERIAN OIL MIN: OPEN ON IDEAS FOR OPEC POLICY DECISION
[10:28] {dino} pcln green
[10:29] {Threei} hmmm... so far I see you being the only one smacking people left and right, lol
[10:30] {Threei} covering half LEH
[10:30] {Threei} scalpers take profit
[10:30] {magoo} my job in room
[10:31] {dino} lod's
[10:32] {Onix} LEH good ty Vad
[10:32] {dino} getting close to target
[10:32] {Threei} welcome sir
[10:33] {dino} cme fast drop
[10:33] {Threei} what's happening?
[10:33] {magoo} vad, look at qqq chart
[10:33] {Threei} LEH is 1: 3
[10:34] {Threei} I am out 16.06
[10:34] {dino} will 11330 hold
[10:34] {Threei} what about it magoo?
[10:34] {Threei} fell of a cliff
[10:34] {magoo} ok ok ...out .07 THANK U {sdaid i wouldn't..but had too say it}
[10:35] {Threei} lol
[10:35] {magoo} volume on the sell vad
[10:35] {Threei} how manly of you
[10:35] {Threei} yeah... friking AKAM
[10:35] {magoo} q volume sell side
[10:35] {Threei} too bad shook us out of balance earlier
[10:37] {Threei} *EIA NATURAL GAS INVENTORIES: +90 BCF V +90 TO +95 BCF RANGE OF ESTIMATES
[10:38] {dino} ok down 4% since tues highs
[10:38] {dino} buy the dips
[10:40] {dino} gtls sm l .45
[10:41] {dino} too soon
[10:42] {dino} eyes on ges again
[10:43] {magoo} i just gave LEH your phone number vad..expect a call
[10:45] {dino} ges sm l .10
[10:46] {magoo} l rimm here small
[10:46] {Threei} not picking up the phone
[10:46] {magoo} risky
[10:46] {dino} oh mannnnnnnnnnnn swiper, stop whining
[10:46] {magoo} got .30
[10:47] {dino} risky sm wide afam l .01
[10:47] {dino} never thought i'd get that fill
[10:48] {Threei} oil numbers soon
[10:48] {magoo} stopped rimm
[10:52] {dino} whers' my rally
[10:52] {Threei} UAUA forms ascending triangle on 1 min
[10:53] {Threei} if oil numbers are good and USO drops, has a chance to jump
[10:53] {magoo} here it comes dinop
[10:55] {dino} oh ohh, then market will crash i guesss w/good oil numbers
[10:55] {dino} oil cruished this week, markets crushed
[10:55] {dino} no reasoning
[10:56] {Threei} yeah, change of paradigm
[10:59] {Threei} wow
[10:59] {magoo} magoo looking up word in pistionary
[11:00] {Threei} DOE CRUDE: -1.9M V UNCHANGED EST.;
[11:00] {Threei} GASOLINE: -1M V -1.5ME; DISTILLATES: +413K V +800KE; UTILIZATION: 88.7% V 87.5%E
[11:00] {Threei} *API Inventory:
[11:00] {Threei} - Crude Inventories: +4.2M
[11:00] {Threei} - Gasoline: +935K
[11:00] {Threei} - Distillate:-157K
[11:00] {dino} what they hell is a pistionary
[11:02] {Threei} sitting out this jerkiness, letting market sort it out
[11:03] {Threei} morning was fgood, no need to spoil it gambling right now
[11:03] {Threei} fgood is good with fat fingers, not what you thought
[11:12] {dino} v sm wynn l .08
[11:14] {dino} afam stop to .15
[11:14] {dino} out .12 slip, +1.11
[11:15] {Threei} looks like back to business as usual for oil
[11:15] {Threei} wow dino
[11:16] {dino} lucky
[11:16] {Threei} watch for another sharp red bar USO
[11:16] {Threei} try to grab UAUA for scalp
[11:16] {Threei} ugh, happened as I typed
[11:17] {dino} aug lows dji
[11:17] {dino} dino wondering how the talking heads feel about tuesday morning worst is over crap
[11:18] {Threei} they long forgot about it
[11:18] {Threei} their attention span is less of that of daytraders
[11:19] {Threei} anyone got UAUA?
[11:19] {dino} ocln positive, strange
[11:20] {Threei} mama mia oil
[11:20] {dino} rally time imo
[11:20] {dino} pcln i mean
[11:20] {Threei} straight down
[11:21] {dino} bucy chart ouch 72 to 51 in 4 days
[11:22] {dino} rally not happening
[11:22] {dino} ok patience -300 coming
[11:22] {Roman} time to flip some houses
[11:23] {dino} :)
[11:32] {Threei} TSX is getting third day of cruel beating
[11:32] {Threei} down over 300
[11:33] {esemde} see ya tomorrow all.....still swing long NVDA
[11:33] {Threei} take care ese
[11:37] {dino} afam drop
[11:39] {patience} ok, just did a 10k run, did i miss anything?
[11:39] {Threei} lol... a lot actually
[11:39] {Threei} have a look at USO chart
[11:39] {Threei} it did its 10K as well :)
[11:40] {pita} cu all tomorrow
[11:40] {magoo} pita:)
[11:40] {Threei} take care pita
[11:42] {magoo} l aapl here .70 sm
[11:43] {magoo} stop .09
[11:43] {magoo} 300 shares..so stop 180 bux
[11:43] {magoo} lay out .31
[11:44] {dino} ilmn v sm l .23
[11:44] {magoo} hell take .25
[11:45] {magoo} Out .55
[11:47] {magoo} tough crowd
[11:47] {magoo} easy button trade
[11:47] {patience} magoo...your my hero!
[11:47] {dino} lol
[11:47] {magoo} one minute trade with straight up
[11:48] {Threei} OK, I gought hard but can't resist
[11:48] {Threei} wtg magoo
[11:48] {Threei} gought = fought
[11:48] {Threei} oil low volume bounce
[11:49] {Threei} watch if it gives that red bar from here
[11:49] {Threei} UAUA is at good point for bounce
[11:50] {dino} out ges .44 +.36
[11:50] {_csepulve33} good morning
[11:50] {Threei} hi csepulve
[11:51] {dino} gm 33
[11:52] {magoo} vad, u stiull got that rally monkey?
[11:52] {Threei} no... gotta search for it
[11:52] {magoo} we need it
[11:53] {magoo} rrrrrrrrraaaaaaaaaallllllllllllllllyyyyyyyyyyyyyyyy
[11:56] {_andresy} Goog morning
[11:56] {Threei} hi andresy, welcome
[11:56] {_andresy} Hi csepulve
[11:57] {_andresy} Hi Threei
[11:57] {Threei} oil upward move put a dampening cloth on rally for now magoo
[11:57] {_andresy} So, how are you doing far?
[11:58] {Threei} rather well, thank you
[11:58] {_andresy} Good
[12:00] {Threei} USO feels to break 87 now, which should take UAUA under 12.20, with closer to 12 being bounce level
[12:01] {dino} welcome to the jungle andresy
[12:01] {dino} good day
[12:02] {_andresy} Thank you
[12:02] {_andresy} dino
[12:02] {_andresy} Bearish day, but i was expecting oil to go high
[12:05] {dino} don't expect
[12:06] {magoo} well vad..find monkey now while your sleeping..we gonna need him
[12:08] {dino} spnc
[12:08] {Chaeron} morning all
06[12:08] * magoo slaps Chaeron around a bit with a large trout
[12:08] {Threei} chaeron :)
[12:09] {Chaeron} thanks magoo... me you get in 2 seconds, Dave it takes you an hour
[12:10] {magoo} well...u a priority
[12:11] {dino} spnc bv sm l .20 risky
[12:11] {Chaeron} awwww... I feel special
[12:13] {Threei} Short Setup: UAUA .19 if stays below .25
[12:13] {Threei} just a scalp
[12:30] {Threei} invalidated
[12:36] {dino} spnc stop is .98 wicked
[12:40] {Threei} RIMM
[12:40] {Threei} watching for short
[12:40] {Threei} into bounce - around .15 - .25,
[12:40] {Threei} for breakdown - under .90
[12:44] {Threei} last bounce topped out just under 110.10
[12:44] {Threei} so sop would be above that
[12:44] {Threei} sop is a stop
[12:45] {Threei} look to cover around .50 - .60
[12:46] {Threei} over 1:1
[12:46] {Threei} feel free to take profit as you see fit
[12:47] {Threei} hit target perfectly
06[12:47] * Threei slaps magoo around a bit with a large trout
[12:47] {peterg} very nice call
[12:47] {Threei} ty
[12:48] {dino} lod going to hold? hmmm
[12:48] {Threei} feels like no
[12:49] {dino} feeling the same
[12:50] {dino} ilmn stop to .48
[12:51] {dino} make it .59
[12:51] {dino} spnc stopped -.22
[12:52] {dino} toughy
[12:53] {dino} maybe worth a try around lows
[12:54] {dino} out ilmn .68, +.45 reverse slip, wierd
[12:56] {peterg} weird
[12:57] {peterg} sorry cant help it
[12:58] {dino} lol
[12:58] {dino} was thinking i before e except after c
06[12:59] * Threei slaps laserdave1 around a bit with a large trout
[12:59] {peterg} and sometimes w
06[12:59] * magoo slaps laserdave1 around a bit with a large trout
[13:00] {laserdave1} this market is relentless
[13:00] {laserdave1} wow
[13:00] {Threei} sure is... no snapback after such selloff for days
[13:00] {patience} tsx down -296
[13:00] {Threei} but it's coming
[13:00] {laserdave1} today?
[13:00] {patience} y
[13:01] {Threei} my feel is at this moment:
[13:01] {Threei} one more test of low, then upward thrust
[13:02] {Threei} if/when it comes, RIMM should be good for couple points
[13:03] {magoo} i cant remember when RIMM was down over 5 pts 3 days straight
[13:04] {Threei} if you are willing for a few attempts:
[13:04] {Threei} one would be RIMM long here with stop under .50
[13:04] {Threei} another, long on 110 break if holding aabove .70
[13:04] {magoo} how about AAPL vad?
[13:05] {Threei} not sure
[13:05] {Threei} less readable to me
[13:05] {dino} spnc halted
[13:06] {Threei} earlier on it:
[13:06] {Threei} WEAKNESS ATTRIBUTED TO VAGUE RUMOR OF REGULATORS RAIDING OFFICES OF THE COMPANY
[13:06] {Threei} - also chatter that the company has cancelled a conference call with Barrington today.
[13:06] {Threei} - reminder: the stock was cut to Sell by Goldman Sach early this morning
[13:07] {Threei} here comes test of the low
[13:07] {Threei} RIMM not making new low so far
[13:07] {Threei} AAPL does
[13:07] {Threei} RIMM remains my choice for a bounce play
[13:08] {Threei} in RIMM
[13:08] {Threei} got .65
[13:08] {Threei} stop under .40
[13:08] {Threei} reminder, be ready for a few tries
[13:08] {laserdave1} hopefully market double bottoms
[13:09] {Threei} AAPL new lows again
[13:10] {Threei} NQ jump over 1800 should start meaningful bounce now
[13:11] {Threei} come on market, grow a set, will ya
[13:12] {patience} nice vad, i'm betting we drop below 11k on the dow in next few days
[13:12] {laserdave1} long rimm and aapl
[13:12] {Threei} very possible patience
06[13:13] * Chaeron slaps laserdave1 around a bit with a large trout
[13:13] {Threei} selling is so sustainable, I woj't be surprized to see more of it
[13:14] {Threei} AAPL puts a lid on a bounce
[13:14] {laserdave1} stopped aapl
[13:14] {Threei} told ya it was no good
[13:14] {Threei} weakest link
[13:14] {laserdave1} i am just palying market bounce
[13:15] {laserdave1} but was rong
[13:15] {laserdave1} they jigged it lower
[13:15] {Threei} now with AAPL
[13:15] {Threei} RIMM is better choice
[13:15] {Threei} now = not
[13:15] {Threei} now worky
[13:15] {Threei} lol... now = no
[13:16] {Threei} and see who led new leg down
[13:16] {Threei} AAPL did
[13:19] {laserdave1} ok im long \both again
[13:19] {laserdave1} tight stops
[13:19] {Threei} magoo
[13:20] {Threei} http://www.rallymonkey.com/oldvideo.php
[13:21] {Threei} selloff is not done yet IMO
[13:21] {Threei} bounce attempts are unconvincing
[13:21] {Threei} not rushing in for another attempt
[13:22] {patience} tsx down -351, going lower imo
[13:28] {dino} ok give us the whoosh down
[13:28] {dino} -300 patience
[13:29] {patience} -375
[13:29] {patience} nasty nasty nasty
[13:29] {Threei} FED'S FISHER: SEES ANEMIC US GROWTH OVER THE NEXT SEVERAL QUARTERS, DECLINES IN COMMODITY PRICES MAY NOT LAST - USA TODAY INTERVIEW
[13:34] {Threei} back in RIMM
[13:34] {Threei} got .85
[13:34] {Threei} sorry, late post
[13:34] {magoo} lol .76
[13:34] {Threei} too fast
[13:34] {Chaeron} arrg
[13:34] {Chaeron} nice job you two
[13:35] {Threei} half out .35
[13:35] {Threei} +.50 if my math is right
[13:36] {Threei} .79 stop
[13:36] {Threei} stop to .95, no lose territory
[13:37] {Threei} offering .95
[13:37] {magoo} out .60
[13:37] {magoo} ty
[13:38] {Threei} 109.95 that is... while stop is at 108.95
[13:38] {Threei} to make sure my handles are right :)
[13:38] {Threei} good one mags
[13:38] {Threei} didn't take long too
[13:39] {Threei} why did I forget to return to UAUA short when it reinstated itself?
[13:39] {laserdave1} i think bounce again now
[13:39] {laserdave1} lol
[13:39] {laserdave1} can the market really be this sick
[13:39] {Threei} worked perfectly of .20 breakdown
[13:39] {Threei} sigh... attention span of a moth
[13:40] {Threei} dave... "market can stay irrational longer than you can stay solvent" :)
[13:40] {Threei} that's why they inveneted stops
[13:40] {laserdave1} bear markets can last years
[13:40] {Chaeron} and poor houses
[13:40] {laserdave1} it was like an exprssion
[13:40] {laserdave1} like how relentless
[13:41] {laserdave1} dow can easily test 10k
[13:41] {Threei} so what
[13:41] {Threei} we have big red day roday, yet go over calls
[13:41] {Threei} nicely in profit
[13:42] {laserdave1} you are misunderstanding me
[13:42] {Threei} nah
[13:42] {laserdave1} some of my biggest days are when markets go down
[13:42] {Threei} I am just looking for an excuse to slap you
[13:42] {laserdave1} u dotn need an excuse
[13:42] {laserdave1} uknow that
[13:42] {Threei} on second thought... really
06[13:42] * Chaeron slaps laserdave1 around a bit with a large trout
[13:42] {Threei} why do I need an excuse
[13:42] {Chaeron} see?
06[13:42] * Threei slaps laserdave1 around a bit with a large trout
[13:43] {Threei} you are right chaeron
[13:43] {dino} most of my biggest are days like this
[13:43] {Threei} raise your hands who is in the money today
[13:44] {dino} :)
[13:44] {Threei} smile will do to
06[13:44] * Threei slaps dptl around a bit with a large trout
[13:44] {Threei} I know you are
[13:45] {Threei} what, that's it? who am I calling them for
06[13:45] * Threei is ready to remove himself to monastery
[13:45] {patience} i'm waiting vad....getting ready to go shopping :)
[13:46] {Threei} after 3 days of window shopping? :)
[13:46] {dino} oil moving up
[13:46] {patience} i'm just waiting for some ag stocks to hit technical lows
[13:46] {dino} 4.7% pretty good 3 day discount
[14:02] {Threei} getting tempted by RIMM again
[14:04] {Threei} missed I guess
[14:04] {Chaeron} was just going to ask
[14:04] {Threei} hesitated too long
[14:05] {Threei} 109.05 trigger if holding .90
[14:07] {Chaeron} invalidated?
[14:07] {Chaeron} it's froggy
[14:07] {Threei} hard to tell
[14:07] {Threei} a bit too jumpy
[14:08] {Threei} ok, in
[14:09] {Threei} stop under .70
[14:12] {Threei} FED'S FISHER: UNFUNDED LONG TERM LIABILITIES POSE THE LARGEST THREAT TO THE US ECONOMY
[14:12] {dino} -5% dji 3 days, getting excessive imo
[14:13] {Threei} and yet
[14:13] {Threei} new wave of selling coming it seems
[14:13] {Threei} out RIMM with chicken feed
[14:13] {dino} 11131 next support
[14:13] {Threei} want to wait it out
[14:13] {Threei} plus 4 cents
[14:13] {Threei} lol
[14:13] {Threei} I better don't spend it all it once
[14:14] {Threei} holding rather well
[14:16] {Threei} RIMM
[14:16] {Threei} HEARING AMTECH CUTTING ESTS AND PRICE TARGET TO $190 FROM $205 (TIMING UNCERTAIN)
[14:16] {magoo} where the hek is your ppt
[14:16] {magoo} price protection
[14:17] {Threei} 190?
[14:17] {Threei} lol
[14:18] {Threei} PIMCO'S GROSS: MARKETS NEED $400-500B OF NEW CAPITAL TO STEM FLOW OF ASSET DELEVERAGING - CNBC COMMENTS
[14:18] {Threei} - Treasury is hindered by upcoming election
[14:18] {Threei} - at this point unwilling to buy into new capital raising rounds by financial institutions
[14:19] {patience} tsx down 1000 points in 3 days, nbow down -410 oh my my
[14:20] {Threei} why did we ever cover that LEH short?
[14:20] {peterg} what is asset deleveraging? loans called?
[14:21] {Threei} freeing bank balancer sheets from mortgage exposure, as I read it
[14:21] {Threei} by whatever means it could be done
[14:23] {dino} dji -601; 11790-11189
[14:23] {Threei} but you better verify with someone better versed in bank-speak
[14:23] {dino} putting on some sm swings
[14:24] {Threei} to me, all statements by those people come to "we want to sell you something" and "oh no, don't try to do it yourself"
[14:25] {dino} ges sm l .90
[14:25] {Threei} the day I find financial advisoer working in a local bank branch who made a single dime by trading his own money will be the day I mark in my calendar and celebrate every uear from than moment on
[14:31] {dino} fed's yellen is yelling on cnbc
[14:32] {dino} commodity drops helping fed: read no increase, perhap[s room to cut if they must
[14:32] {Threei} FED'S YELLEN: SLUGGISH GROWTH SEEN IN 2H08,, INFLATION RISKS HAVE FALLEN, BUT STILL AT FOREFRONT, PRICING PRESSURES HAVE NOT DISAPPEARED,SEES INFLATION SLOWING IN 2009, INFLAT
[14:32] {Threei} - Notes does not see a wage price spiral,
[14:33] {dino} hard to spiral w/cuts
[14:33] {dino} in jobs
[14:33] {Threei} you are good at decoding fed-speak dino
[14:33] {Threei} FED'S FISHER: FNM AND FRE ARE FOR THE TREASURY TO HANDLE - Q&A
[14:33] {dino} lol
[14:34] {Threei} Treasury: what?? why us??
[14:35] {Threei} - Notes does not see a wage price spiral, expects inflation to fall to just above 2% in 2009
[14:35] {Threei} - Pricing pressures have no disappeared, but tight credit conditions are making rate policy more difficult, US enduring a 'severe' credit crunch
[14:35] {Threei} - Sees housing prices falling further, overseas economices are suffering from slow US economy
[14:36] {Threei} what's their salary?
[14:36] {Threei} I can make all these statements for 10% of what they get
[14:37] {Threei} save their shareholders a lot of money
[14:39] {_csepulve33} any salmon on the market?
[14:40] {Threei} OMCL is
[14:40] {Threei} GEOY
[14:40] {dino} mdvn, apol, skf
[14:40] {dptl} have a good rest of the day all.......see ya tomorrow:)
[14:41] {dino} tlt
[14:41] {Threei} TASR
[14:41] {dino} clne
[14:41] {Threei} take care dp
[14:41] {dino} ges
[14:41] {dino} cya dp
[14:44] {cosmo} CLNE up
[14:45] {cosmo} 19
[14:46] {cosmo} testing
[14:47] {cosmo} passes
[14:48] {dino} gj
[14:49] {cosmo} maybe...
[14:50] {dino} pcln
[14:58] {dino} up we go
[15:00] {_csepulve33} any oportunity?
[15:00] {dino} indeed
[15:00] {dino} rimm, ges, pcln,
[15:01] {dino} ilmn
[15:01] {dino} ones from earlier trades imo
[15:05] {magoo} VVVVVVVVVVAAAAAAAAAAAADDDDDDDDDDDDDDDD
[15:05] {magoo} read rimm please
[15:05] {_csepulve33} up
[15:05] {Threei} R
[15:05] {Threei} I
[15:05] {Threei} two Ms
[15:05] {Threei} get it on pullback
[15:05] {_csepulve33} double bottom?
[15:06] {Threei} .30 is nearest support fo it
[15:10] {Threei} first strength from here
[15:11] {Threei} stop under .30
[15:11] {magoo} in .49
[15:13] {Threei} OMCL up 25 cents since mention
[15:14] {Threei} salmons are salmons
[15:15] {_csepulve33} INTC support break
[15:16] {Threei} RIMM over 1:2 with .50 or so entry
[15:16] {Threei} over 1:1 sorry
[15:18] {magoo} was wait .89
[15:18] {magoo} missed
[15:22] {Threei} wow... more panic
[15:24] {dino} ?
[15:28] {Threei} back in RIMM for bounce scalp
[15:28] {Threei} stop under .70
[15:29] {Threei} no worky
[15:29] {Threei} been a serious while since selling was that relentless
[15:30] {Threei} usually even on big red days we were getting nice bounce closer to end of day
[15:30] {Threei} look at that
[15:31] {laserdave1} RIMM violence
[15:32] {magoo} ive never seen RIMM so bad for 3 days straight
[15:33] {Threei} actually, 5 red days in a row on it
[15:33] {dino} pcln stop to .64
[15:33] {Threei} accelerating
[15:33] {dino} out +.62
[15:34] {dino} in june vad, look at rimm chart
[15:34] {laserdave1} qqqq big bar up
[15:34] {laserdave1} they have stuffed every rally atttmept
[15:34] {laserdave1} so we will see
[15:36] {dino} darn, missed my entry ilmn, now up .80
[15:36] {dino} xto, chk green...natural gas
[15:40] {dino} out ges .55 -.35
[15:42] {Threei} gosh... I didn't prepare that much popcorn for today
[15:49] {dino} ok gotta hop, baseball
[15:49] {dino} thx all
[15:49] {Threei} take care dino
[15:49] {peterg} later big buy
[15:49] {peterg} guy
[15:49] {Threei} mags... and we thought we would get a snapback day today, eh? :)
[15:49] {_andresy} Bye dino, thank you
[15:50] {Threei} -320 DJI instead
[15:50] {Threei} -50 NQ
[15:50] {peterg} snap tomorrow
[15:51] {peterg} maybe
[15:51] {peterg} since we are philosophical probabalists
[15:51] {_csepulve33} good bye take care
[15:51] {peterg} probababalistic philosophers. by 33
[15:52] {Threei} ese's NVDA held not too bad actually
[15:52] {peterg} by swing did he mean overnite
[15:53] {Threei} possibly longer
[15:56] {Threei} finishing at the low
[15:58] {Threei} wow... can't stop watching :)
[15:59] {peterg} sense of carnage?
[15:59] {Threei} close to it
[15:59] {peterg} yep
[15:59] {patience} sense of puking yet?
[15:59] {peterg} feel good so far
[15:59] {peterg} in cash for months now
[15:59] {patience} laughing, not you, the market
[16:00] {Threei} that's a good feeling
[16:00] {Threei} imagine being fully invested
[16:00] {patience} just started some buying
[16:00] {Threei} now if you think that's bad - imagine being fully margined
[16:00] {patience} laughing, oh well, i can hold em
[16:01] {Threei} ok guys, thank you all
[16:01] {Threei} have a good evening
[16:01] {Threei} tomorrow will be very interesting
[16:01] {peterg} thks, gnight, till tmo
[16:01] {peterg} yes
[08:07] {Threei} sold half URRE 3.38, +.19
[08:15] {Threei} AUG ADP EMPLOYMENT CHANGE: -33K V 30KE
[08:28] {esemde} good morning ....got cut off just before i was going to enter VPHM yesterday....but I think we have my computors problems solved
[08:29] {Threei} good morning ese
[08:29] {Threei} what was it?
[08:29] {esemde} If you have a portable phone in the same room as your wireles router
[08:29] {esemde} look out
[08:30] {esemde} the problem was solved by
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 444K V 420KE
[08:30] {Threei} CONTINUING CLAIMS: 3.435M V 3.420ME
[08:30] {Threei} - Prior Initial Jobless Claims revised from 4425K to 429K
[08:30] {Threei} - Prior Continuing Claims revised from 3.423M to 3.429M
[08:30] {esemde} a 19 years technical wiz bang kid who lives 100 miles south of BomBay India...some town I had never heard of
[08:31] {Threei} *Q2 FINAL NONFARM PRODUCTIVITY: 4.3% V 3.5%E; UNIT LABOR COSTS: -0.5% V 0.0%E
[08:31] {Threei} jeez
[08:31] {Threei} so just need to turn it off?
[08:31] {esemde} I have been struggling with this problem for a couple of months now and no one had been able to solve it
[08:32] {esemde} no....he changed the channel setting on my
[08:32] {esemde} Linksys wireless router
[08:32] {Threei} got it
[08:33] {Threei} I remember now that you said it... my old phone did interfere with wireless connection as well
[08:33] {Threei} newer one is in another frequency band, no such effect
[08:33] {esemde} plus a couple of other settings inside the router.......
[08:34] {esemde} I hope this sovlves the probelm......this has been very frustrating
[08:39] {Threei} Added some Alaska photos to http://www.flickr.com/photos/36948132@N00/sets/72157606920267755/
[08:41] {cosmo} nice UFO shot....
[08:41] {Threei} hmm?
[08:41] {cosmo} ...the last one...
[08:42] {Threei} oh
[08:42] {Threei} lol
[08:42] {Threei} torn between dumping URRE at .40 and attempt to hold for more
[08:43] {cosmo} SOLR: deal with LDK Solar
[08:44] {cosmo} fwiw
[09:04] {dino} gm all
[09:04] {Threei} dino :)
[09:06] {Onix} Good morning everyone!
[09:10] {Threei} onix :)
[09:11] {pita} morning all
[09:13] {Threei} pita :)
[09:15] {fernp} gm
[09:16] {Threei} fern :)
[09:16] {tomg} gm all, enjoyed the photos vad
[09:16] {Threei} ty tom :)
[09:17] {Onix} gtreat photos ty Vad
[09:17] {Threei} :)
[09:18] {Threei} going to be fairly picky today
[09:19] {Threei} the change we got so far is stubborn selling in the markets even though oil drops,
[09:19] {Threei} so we lost, at least so far, our leading indicator that worked for us through August
[09:20] {Threei} another change was, market became a bit less choppy and a bit more trneding
[09:20] {magoo} morning
[09:20] {Threei} so our attempts at reversals stopped working
[09:20] {Threei} magoo :)
[09:20] {magoo} took 3 tries to enter room vad..just in case u monitoring it
[09:20] {Threei} so... as we re-adjust, going to be careful and picky
[09:21] {Threei} what message were you getting?
[09:22] {Threei} as I posted earlier, sold half URRE at 3.39
[09:22] {magoo} i dont know
[09:22] {Threei} holding half still
[09:23] {Threei} I see just one connecting attempt by you, successful
[09:23] {magoo} anyway, a trending mkt would be easier to trade imo as long as we figure out trend
[09:23] {Threei} so whatever it was, it wqas not reaching the server
[09:23] {Threei} sure... we got unused from trend, played chppiness which pretty much took us into reversal
[09:23] {Threei} mode
[09:24] {Threei} not sure today is right day to play downtrend, daily feels like snapback time
[09:24] {Threei} but we will see how it goes
[09:25] {magoo} well..yes..i think i mentioned yesterday that i feel today was going up big
[09:25] {magoo} but who knows
[09:29] {peterg} gm all
[09:29] {Threei} peter :)
[09:29] {Threei} out 300 more 3.45
[09:29] {Threei} 200 left
[09:29] {Threei} offering 3.60
[09:30] {Threei} stop 3.15
[09:31] {dino} c'mon down 60+/- more dji
[09:32] {Threei} Long Setup: FNM .21 trigger
[09:32] {Threei} if stays above .10
[09:33] {Threei} out URRE .58
[09:33] {Threei} that was a good hold for gap
[09:33] {Threei} anyone followed?
[09:34] {patience} still in urre, you're faster than me
[09:34] {Threei} I am less patient :)
[09:35] {dptl} good morning all
[09:35] {Threei} dp :)
[09:36] {Threei} hmmm
[09:36] {Threei} URRE really has legs still it seems
[09:36] {patience} i like the volume in it
[09:36] {Threei} yes
[09:37] {dino} afam sm l .35
[09:38] {dino} ges sm l .80
[09:38] {Threei} Short Setup: AKAM.19 if stays below .25
[09:38] {dino} wide both
[09:45] {Threei} 20 is last bastion for AKAM
[09:45] {dino} ges stop to .50
[09:45] {Threei} cover half here just in case
[09:45] {Threei} but it feels to me it's going to break it down
[09:46] {Onix} in AKAM 20.13
[09:46] {dino} out ges .80, +1.00
[09:47] {dino} out afam .80, +.45
[09:47] {Threei} here we go
[09:47] {Threei} wtg dino
[09:47] {dino} ty
[09:48] {dino} ok dji get us to 11330ish
[09:48] {dino} rimm coming back up
[09:48] {dino} hod rimm
[09:49] {dptl} out akam at 20 ty
[09:49] {Threei} welcome
[09:50] {Roman} long WB
[09:50] {Roman} 17.05
[09:52] {Threei} ABK
[09:52] {Roman} long MER
[09:52] {Threei} tries to break yesterday's high
[09:52] {Roman} 28.05
[09:52] {Threei} what is pushing financials?
[09:55] {magoo} l rimm .50 sm'
[09:55] {Threei} nice WB
[09:55] {magoo} stop .98
[09:56] {Roman} STSI just keeps going
[09:57] {Roman} FRE radar
[09:58] {dino} afam sm l .45
[09:59] {dino} gtls blood
[09:59] {judijim} good morning all
[09:59] {Threei} jj :)
[10:00] {Threei} AUG ISM NON-MANUFACTURING COMPOSITE: 50.6 V 49.5E
[10:01] {Threei} Non-Mfg Prices Paid Index: 72.9 v 80.8 in July
[10:01] {Threei} - Employment: 45.4 v 47.1 in July
[10:01] {Threei} - New Orders Index: 49.7 v 47.9 in July
[10:03] {dino} gtls l sm .50
[10:04] {Threei} Long Setup: UAUA .17 trigger
[10:04] {Threei} 12.05 stop
[10:06] {Threei} UAUA 1:1
[10:06] {fernp} ty
[10:06] {Threei} half out or scalp, your choice
[10:06] {Threei} fern :)
[10:07] {Threei} 1:2
[10:07] {Threei} me out
[10:08] {magoo} out .43 THANX
[10:08] {Threei} welcome
[10:08] {Onix} ty Vad, UAUA good
[10:08] {Threei} :)
[10:10] {Threei} we have oil inventories at 11 today
[10:10] {Threei} unusual day and time
[10:10] {Threei} almost forgot about it
[10:14] {dino} gtls stop to .94 expect slip
[10:17] {dino} to .05
[10:17] {dino} out afam -.45
[10:18] {Threei} Short Setup: LEH 16.19 trigger if stays under .30
[10:19] {Threei} in aggressively
[10:19] {Threei} stop .36
[10:19] {dino} gtls to .10
[10:21] {Onix} in ss LEH .28
[10:21] {dino} out gtls .12, +.62
[10:23] {esemde} swing long NVDA 11.57 full lot
[10:23] {magoo} vad, leh holding in a naz pullbk
[10:24] {Threei} so it will be stopped at .36
[10:24] {magoo} boy are you sensitive {again}
[10:24] {Threei} just not sure what you want me to do in the middle of the trade
[10:25] {magoo} just giving insight i too .31
[10:25] {magoo} sah
[10:25] {dino} stop fighting girls
[10:25] {magoo} that DOES IT
06[10:25] * magoo slaps dino around a bit with a large trout
[10:25] {Threei} lol
06[10:25] * magoo slaps Threei around a bit with a large trout
[10:26] {Threei} that's what aggressive entires are for, aren't they? less certainty in outcome, tighter stops
[10:27] {magoo} hey, i took it
[10:27] {magoo} just adding info as i see it
[10:28] {magoo} but mind u ..if it works..i not thanking u for all the smack i taking here
[10:28] {Threei} NIGERIAN OIL MIN: OPEN ON IDEAS FOR OPEC POLICY DECISION
[10:28] {dino} pcln green
[10:29] {Threei} hmmm... so far I see you being the only one smacking people left and right, lol
[10:30] {Threei} covering half LEH
[10:30] {Threei} scalpers take profit
[10:30] {magoo} my job in room
[10:31] {dino} lod's
[10:32] {Onix} LEH good ty Vad
[10:32] {dino} getting close to target
[10:32] {Threei} welcome sir
[10:33] {dino} cme fast drop
[10:33] {Threei} what's happening?
[10:33] {magoo} vad, look at qqq chart
[10:33] {Threei} LEH is 1: 3
[10:34] {Threei} I am out 16.06
[10:34] {dino} will 11330 hold
[10:34] {Threei} what about it magoo?
[10:34] {Threei} fell of a cliff
[10:34] {magoo} ok ok ...out .07 THANK U {sdaid i wouldn't..but had too say it}
[10:35] {Threei} lol
[10:35] {magoo} volume on the sell vad
[10:35] {Threei} how manly of you
[10:35] {Threei} yeah... friking AKAM
[10:35] {magoo} q volume sell side
[10:35] {Threei} too bad shook us out of balance earlier
[10:37] {Threei} *EIA NATURAL GAS INVENTORIES: +90 BCF V +90 TO +95 BCF RANGE OF ESTIMATES
[10:38] {dino} ok down 4% since tues highs
[10:38] {dino} buy the dips
[10:40] {dino} gtls sm l .45
[10:41] {dino} too soon
[10:42] {dino} eyes on ges again
[10:43] {magoo} i just gave LEH your phone number vad..expect a call
[10:45] {dino} ges sm l .10
[10:46] {magoo} l rimm here small
[10:46] {Threei} not picking up the phone
[10:46] {magoo} risky
[10:46] {dino} oh mannnnnnnnnnnn swiper, stop whining
[10:46] {magoo} got .30
[10:47] {dino} risky sm wide afam l .01
[10:47] {dino} never thought i'd get that fill
[10:48] {Threei} oil numbers soon
[10:48] {magoo} stopped rimm
[10:52] {dino} whers' my rally
[10:52] {Threei} UAUA forms ascending triangle on 1 min
[10:53] {Threei} if oil numbers are good and USO drops, has a chance to jump
[10:53] {magoo} here it comes dinop
[10:55] {dino} oh ohh, then market will crash i guesss w/good oil numbers
[10:55] {dino} oil cruished this week, markets crushed
[10:55] {dino} no reasoning
[10:56] {Threei} yeah, change of paradigm
[10:59] {Threei} wow
[10:59] {magoo} magoo looking up word in pistionary
[11:00] {Threei} DOE CRUDE: -1.9M V UNCHANGED EST.;
[11:00] {Threei} GASOLINE: -1M V -1.5ME; DISTILLATES: +413K V +800KE; UTILIZATION: 88.7% V 87.5%E
[11:00] {Threei} *API Inventory:
[11:00] {Threei} - Crude Inventories: +4.2M
[11:00] {Threei} - Gasoline: +935K
[11:00] {Threei} - Distillate:-157K
[11:00] {dino} what they hell is a pistionary
[11:02] {Threei} sitting out this jerkiness, letting market sort it out
[11:03] {Threei} morning was fgood, no need to spoil it gambling right now
[11:03] {Threei} fgood is good with fat fingers, not what you thought
[11:12] {dino} v sm wynn l .08
[11:14] {dino} afam stop to .15
[11:14] {dino} out .12 slip, +1.11
[11:15] {Threei} looks like back to business as usual for oil
[11:15] {Threei} wow dino
[11:16] {dino} lucky
[11:16] {Threei} watch for another sharp red bar USO
[11:16] {Threei} try to grab UAUA for scalp
[11:16] {Threei} ugh, happened as I typed
[11:17] {dino} aug lows dji
[11:17] {dino} dino wondering how the talking heads feel about tuesday morning worst is over crap
[11:18] {Threei} they long forgot about it
[11:18] {Threei} their attention span is less of that of daytraders
[11:19] {Threei} anyone got UAUA?
[11:19] {dino} ocln positive, strange
[11:20] {Threei} mama mia oil
[11:20] {dino} rally time imo
[11:20] {dino} pcln i mean
[11:20] {Threei} straight down
[11:21] {dino} bucy chart ouch 72 to 51 in 4 days
[11:22] {dino} rally not happening
[11:22] {dino} ok patience -300 coming
[11:22] {Roman} time to flip some houses
[11:23] {dino} :)
[11:32] {Threei} TSX is getting third day of cruel beating
[11:32] {Threei} down over 300
[11:33] {esemde} see ya tomorrow all.....still swing long NVDA
[11:33] {Threei} take care ese
[11:37] {dino} afam drop
[11:39] {patience} ok, just did a 10k run, did i miss anything?
[11:39] {Threei} lol... a lot actually
[11:39] {Threei} have a look at USO chart
[11:39] {Threei} it did its 10K as well :)
[11:40] {pita} cu all tomorrow
[11:40] {magoo} pita:)
[11:40] {Threei} take care pita
[11:42] {magoo} l aapl here .70 sm
[11:43] {magoo} stop .09
[11:43] {magoo} 300 shares..so stop 180 bux
[11:43] {magoo} lay out .31
[11:44] {dino} ilmn v sm l .23
[11:44] {magoo} hell take .25
[11:45] {magoo} Out .55
[11:47] {magoo} tough crowd
[11:47] {magoo} easy button trade
[11:47] {patience} magoo...your my hero!
[11:47] {dino} lol
[11:47] {magoo} one minute trade with straight up
[11:48] {Threei} OK, I gought hard but can't resist
[11:48] {Threei} wtg magoo
[11:48] {Threei} gought = fought
[11:48] {Threei} oil low volume bounce
[11:49] {Threei} watch if it gives that red bar from here
[11:49] {Threei} UAUA is at good point for bounce
[11:50] {dino} out ges .44 +.36
[11:50] {_csepulve33} good morning
[11:50] {Threei} hi csepulve
[11:51] {dino} gm 33
[11:52] {magoo} vad, u stiull got that rally monkey?
[11:52] {Threei} no... gotta search for it
[11:52] {magoo} we need it
[11:53] {magoo} rrrrrrrrraaaaaaaaaallllllllllllllllyyyyyyyyyyyyyyyy
[11:56] {_andresy} Goog morning
[11:56] {Threei} hi andresy, welcome
[11:56] {_andresy} Hi csepulve
[11:57] {_andresy} Hi Threei
[11:57] {Threei} oil upward move put a dampening cloth on rally for now magoo
[11:57] {_andresy} So, how are you doing far?
[11:58] {Threei} rather well, thank you
[11:58] {_andresy} Good
[12:00] {Threei} USO feels to break 87 now, which should take UAUA under 12.20, with closer to 12 being bounce level
[12:01] {dino} welcome to the jungle andresy
[12:01] {dino} good day
[12:02] {_andresy} Thank you
[12:02] {_andresy} dino
[12:02] {_andresy} Bearish day, but i was expecting oil to go high
[12:05] {dino} don't expect
[12:06] {magoo} well vad..find monkey now while your sleeping..we gonna need him
[12:08] {dino} spnc
[12:08] {Chaeron} morning all
06[12:08] * magoo slaps Chaeron around a bit with a large trout
[12:08] {Threei} chaeron :)
[12:09] {Chaeron} thanks magoo... me you get in 2 seconds, Dave it takes you an hour
[12:10] {magoo} well...u a priority
[12:11] {dino} spnc bv sm l .20 risky
[12:11] {Chaeron} awwww... I feel special
[12:13] {Threei} Short Setup: UAUA .19 if stays below .25
[12:13] {Threei} just a scalp
[12:30] {Threei} invalidated
[12:36] {dino} spnc stop is .98 wicked
[12:40] {Threei} RIMM
[12:40] {Threei} watching for short
[12:40] {Threei} into bounce - around .15 - .25,
[12:40] {Threei} for breakdown - under .90
[12:44] {Threei} last bounce topped out just under 110.10
[12:44] {Threei} so sop would be above that
[12:44] {Threei} sop is a stop
[12:45] {Threei} look to cover around .50 - .60
[12:46] {Threei} over 1:1
[12:46] {Threei} feel free to take profit as you see fit
[12:47] {Threei} hit target perfectly
06[12:47] * Threei slaps magoo around a bit with a large trout
[12:47] {peterg} very nice call
[12:47] {Threei} ty
[12:48] {dino} lod going to hold? hmmm
[12:48] {Threei} feels like no
[12:49] {dino} feeling the same
[12:50] {dino} ilmn stop to .48
[12:51] {dino} make it .59
[12:51] {dino} spnc stopped -.22
[12:52] {dino} toughy
[12:53] {dino} maybe worth a try around lows
[12:54] {dino} out ilmn .68, +.45 reverse slip, wierd
[12:56] {peterg} weird
[12:57] {peterg} sorry cant help it
[12:58] {dino} lol
[12:58] {dino} was thinking i before e except after c
06[12:59] * Threei slaps laserdave1 around a bit with a large trout
[12:59] {peterg} and sometimes w
06[12:59] * magoo slaps laserdave1 around a bit with a large trout
[13:00] {laserdave1} this market is relentless
[13:00] {laserdave1} wow
[13:00] {Threei} sure is... no snapback after such selloff for days
[13:00] {patience} tsx down -296
[13:00] {Threei} but it's coming
[13:00] {laserdave1} today?
[13:00] {patience} y
[13:01] {Threei} my feel is at this moment:
[13:01] {Threei} one more test of low, then upward thrust
[13:02] {Threei} if/when it comes, RIMM should be good for couple points
[13:03] {magoo} i cant remember when RIMM was down over 5 pts 3 days straight
[13:04] {Threei} if you are willing for a few attempts:
[13:04] {Threei} one would be RIMM long here with stop under .50
[13:04] {Threei} another, long on 110 break if holding aabove .70
[13:04] {magoo} how about AAPL vad?
[13:05] {Threei} not sure
[13:05] {Threei} less readable to me
[13:05] {dino} spnc halted
[13:06] {Threei} earlier on it:
[13:06] {Threei} WEAKNESS ATTRIBUTED TO VAGUE RUMOR OF REGULATORS RAIDING OFFICES OF THE COMPANY
[13:06] {Threei} - also chatter that the company has cancelled a conference call with Barrington today.
[13:06] {Threei} - reminder: the stock was cut to Sell by Goldman Sach early this morning
[13:07] {Threei} here comes test of the low
[13:07] {Threei} RIMM not making new low so far
[13:07] {Threei} AAPL does
[13:07] {Threei} RIMM remains my choice for a bounce play
[13:08] {Threei} in RIMM
[13:08] {Threei} got .65
[13:08] {Threei} stop under .40
[13:08] {Threei} reminder, be ready for a few tries
[13:08] {laserdave1} hopefully market double bottoms
[13:09] {Threei} AAPL new lows again
[13:10] {Threei} NQ jump over 1800 should start meaningful bounce now
[13:11] {Threei} come on market, grow a set, will ya
[13:12] {patience} nice vad, i'm betting we drop below 11k on the dow in next few days
[13:12] {laserdave1} long rimm and aapl
[13:12] {Threei} very possible patience
06[13:13] * Chaeron slaps laserdave1 around a bit with a large trout
[13:13] {Threei} selling is so sustainable, I woj't be surprized to see more of it
[13:14] {Threei} AAPL puts a lid on a bounce
[13:14] {laserdave1} stopped aapl
[13:14] {Threei} told ya it was no good
[13:14] {Threei} weakest link
[13:14] {laserdave1} i am just palying market bounce
[13:15] {laserdave1} but was rong
[13:15] {laserdave1} they jigged it lower
[13:15] {Threei} now with AAPL
[13:15] {Threei} RIMM is better choice
[13:15] {Threei} now = not
[13:15] {Threei} now worky
[13:15] {Threei} lol... now = no
[13:16] {Threei} and see who led new leg down
[13:16] {Threei} AAPL did
[13:19] {laserdave1} ok im long \both again
[13:19] {laserdave1} tight stops
[13:19] {Threei} magoo
[13:20] {Threei} http://www.rallymonkey.com/oldvideo.php
[13:21] {Threei} selloff is not done yet IMO
[13:21] {Threei} bounce attempts are unconvincing
[13:21] {Threei} not rushing in for another attempt
[13:22] {patience} tsx down -351, going lower imo
[13:28] {dino} ok give us the whoosh down
[13:28] {dino} -300 patience
[13:29] {patience} -375
[13:29] {patience} nasty nasty nasty
[13:29] {Threei} FED'S FISHER: SEES ANEMIC US GROWTH OVER THE NEXT SEVERAL QUARTERS, DECLINES IN COMMODITY PRICES MAY NOT LAST - USA TODAY INTERVIEW
[13:34] {Threei} back in RIMM
[13:34] {Threei} got .85
[13:34] {Threei} sorry, late post
[13:34] {magoo} lol .76
[13:34] {Threei} too fast
[13:34] {Chaeron} arrg
[13:34] {Chaeron} nice job you two
[13:35] {Threei} half out .35
[13:35] {Threei} +.50 if my math is right
[13:36] {Threei} .79 stop
[13:36] {Threei} stop to .95, no lose territory
[13:37] {Threei} offering .95
[13:37] {magoo} out .60
[13:37] {magoo} ty
[13:38] {Threei} 109.95 that is... while stop is at 108.95
[13:38] {Threei} to make sure my handles are right :)
[13:38] {Threei} good one mags
[13:38] {Threei} didn't take long too
[13:39] {Threei} why did I forget to return to UAUA short when it reinstated itself?
[13:39] {laserdave1} i think bounce again now
[13:39] {laserdave1} lol
[13:39] {laserdave1} can the market really be this sick
[13:39] {Threei} worked perfectly of .20 breakdown
[13:39] {Threei} sigh... attention span of a moth
[13:40] {Threei} dave... "market can stay irrational longer than you can stay solvent" :)
[13:40] {Threei} that's why they inveneted stops
[13:40] {laserdave1} bear markets can last years
[13:40] {Chaeron} and poor houses
[13:40] {laserdave1} it was like an exprssion
[13:40] {laserdave1} like how relentless
[13:41] {laserdave1} dow can easily test 10k
[13:41] {Threei} so what
[13:41] {Threei} we have big red day roday, yet go over calls
[13:41] {Threei} nicely in profit
[13:42] {laserdave1} you are misunderstanding me
[13:42] {Threei} nah
[13:42] {laserdave1} some of my biggest days are when markets go down
[13:42] {Threei} I am just looking for an excuse to slap you
[13:42] {laserdave1} u dotn need an excuse
[13:42] {laserdave1} uknow that
[13:42] {Threei} on second thought... really
06[13:42] * Chaeron slaps laserdave1 around a bit with a large trout
[13:42] {Threei} why do I need an excuse
[13:42] {Chaeron} see?
06[13:42] * Threei slaps laserdave1 around a bit with a large trout
[13:43] {Threei} you are right chaeron
[13:43] {dino} most of my biggest are days like this
[13:43] {Threei} raise your hands who is in the money today
[13:44] {dino} :)
[13:44] {Threei} smile will do to
06[13:44] * Threei slaps dptl around a bit with a large trout
[13:44] {Threei} I know you are
[13:45] {Threei} what, that's it? who am I calling them for
06[13:45] * Threei is ready to remove himself to monastery
[13:45] {patience} i'm waiting vad....getting ready to go shopping :)
[13:46] {Threei} after 3 days of window shopping? :)
[13:46] {dino} oil moving up
[13:46] {patience} i'm just waiting for some ag stocks to hit technical lows
[13:46] {dino} 4.7% pretty good 3 day discount
[14:02] {Threei} getting tempted by RIMM again
[14:04] {Threei} missed I guess
[14:04] {Chaeron} was just going to ask
[14:04] {Threei} hesitated too long
[14:05] {Threei} 109.05 trigger if holding .90
[14:07] {Chaeron} invalidated?
[14:07] {Chaeron} it's froggy
[14:07] {Threei} hard to tell
[14:07] {Threei} a bit too jumpy
[14:08] {Threei} ok, in
[14:09] {Threei} stop under .70
[14:12] {Threei} FED'S FISHER: UNFUNDED LONG TERM LIABILITIES POSE THE LARGEST THREAT TO THE US ECONOMY
[14:12] {dino} -5% dji 3 days, getting excessive imo
[14:13] {Threei} and yet
[14:13] {Threei} new wave of selling coming it seems
[14:13] {Threei} out RIMM with chicken feed
[14:13] {dino} 11131 next support
[14:13] {Threei} want to wait it out
[14:13] {Threei} plus 4 cents
[14:13] {Threei} lol
[14:13] {Threei} I better don't spend it all it once
[14:14] {Threei} holding rather well
[14:16] {Threei} RIMM
[14:16] {Threei} HEARING AMTECH CUTTING ESTS AND PRICE TARGET TO $190 FROM $205 (TIMING UNCERTAIN)
[14:16] {magoo} where the hek is your ppt
[14:16] {magoo} price protection
[14:17] {Threei} 190?
[14:17] {Threei} lol
[14:18] {Threei} PIMCO'S GROSS: MARKETS NEED $400-500B OF NEW CAPITAL TO STEM FLOW OF ASSET DELEVERAGING - CNBC COMMENTS
[14:18] {Threei} - Treasury is hindered by upcoming election
[14:18] {Threei} - at this point unwilling to buy into new capital raising rounds by financial institutions
[14:19] {patience} tsx down 1000 points in 3 days, nbow down -410 oh my my
[14:20] {Threei} why did we ever cover that LEH short?
[14:20] {peterg} what is asset deleveraging? loans called?
[14:21] {Threei} freeing bank balancer sheets from mortgage exposure, as I read it
[14:21] {Threei} by whatever means it could be done
[14:23] {dino} dji -601; 11790-11189
[14:23] {Threei} but you better verify with someone better versed in bank-speak
[14:23] {dino} putting on some sm swings
[14:24] {Threei} to me, all statements by those people come to "we want to sell you something" and "oh no, don't try to do it yourself"
[14:25] {dino} ges sm l .90
[14:25] {Threei} the day I find financial advisoer working in a local bank branch who made a single dime by trading his own money will be the day I mark in my calendar and celebrate every uear from than moment on
[14:31] {dino} fed's yellen is yelling on cnbc
[14:32] {dino} commodity drops helping fed: read no increase, perhap[s room to cut if they must
[14:32] {Threei} FED'S YELLEN: SLUGGISH GROWTH SEEN IN 2H08,, INFLATION RISKS HAVE FALLEN, BUT STILL AT FOREFRONT, PRICING PRESSURES HAVE NOT DISAPPEARED,SEES INFLATION SLOWING IN 2009, INFLAT
[14:32] {Threei} - Notes does not see a wage price spiral,
[14:33] {dino} hard to spiral w/cuts
[14:33] {dino} in jobs
[14:33] {Threei} you are good at decoding fed-speak dino
[14:33] {Threei} FED'S FISHER: FNM AND FRE ARE FOR THE TREASURY TO HANDLE - Q&A
[14:33] {dino} lol
[14:34] {Threei} Treasury: what?? why us??
[14:35] {Threei} - Notes does not see a wage price spiral, expects inflation to fall to just above 2% in 2009
[14:35] {Threei} - Pricing pressures have no disappeared, but tight credit conditions are making rate policy more difficult, US enduring a 'severe' credit crunch
[14:35] {Threei} - Sees housing prices falling further, overseas economices are suffering from slow US economy
[14:36] {Threei} what's their salary?
[14:36] {Threei} I can make all these statements for 10% of what they get
[14:37] {Threei} save their shareholders a lot of money
[14:39] {_csepulve33} any salmon on the market?
[14:40] {Threei} OMCL is
[14:40] {Threei} GEOY
[14:40] {dino} mdvn, apol, skf
[14:40] {dptl} have a good rest of the day all.......see ya tomorrow:)
[14:41] {dino} tlt
[14:41] {Threei} TASR
[14:41] {dino} clne
[14:41] {Threei} take care dp
[14:41] {dino} ges
[14:41] {dino} cya dp
[14:44] {cosmo} CLNE up
[14:45] {cosmo} 19
[14:46] {cosmo} testing
[14:47] {cosmo} passes
[14:48] {dino} gj
[14:49] {cosmo} maybe...
[14:50] {dino} pcln
[14:58] {dino} up we go
[15:00] {_csepulve33} any oportunity?
[15:00] {dino} indeed
[15:00] {dino} rimm, ges, pcln,
[15:01] {dino} ilmn
[15:01] {dino} ones from earlier trades imo
[15:05] {magoo} VVVVVVVVVVAAAAAAAAAAAADDDDDDDDDDDDDDDD
[15:05] {magoo} read rimm please
[15:05] {_csepulve33} up
[15:05] {Threei} R
[15:05] {Threei} I
[15:05] {Threei} two Ms
[15:05] {Threei} get it on pullback
[15:05] {_csepulve33} double bottom?
[15:06] {Threei} .30 is nearest support fo it
[15:10] {Threei} first strength from here
[15:11] {Threei} stop under .30
[15:11] {magoo} in .49
[15:13] {Threei} OMCL up 25 cents since mention
[15:14] {Threei} salmons are salmons
[15:15] {_csepulve33} INTC support break
[15:16] {Threei} RIMM over 1:2 with .50 or so entry
[15:16] {Threei} over 1:1 sorry
[15:18] {magoo} was wait .89
[15:18] {magoo} missed
[15:22] {Threei} wow... more panic
[15:24] {dino} ?
[15:28] {Threei} back in RIMM for bounce scalp
[15:28] {Threei} stop under .70
[15:29] {Threei} no worky
[15:29] {Threei} been a serious while since selling was that relentless
[15:30] {Threei} usually even on big red days we were getting nice bounce closer to end of day
[15:30] {Threei} look at that
[15:31] {laserdave1} RIMM violence
[15:32] {magoo} ive never seen RIMM so bad for 3 days straight
[15:33] {Threei} actually, 5 red days in a row on it
[15:33] {dino} pcln stop to .64
[15:33] {Threei} accelerating
[15:33] {dino} out +.62
[15:34] {dino} in june vad, look at rimm chart
[15:34] {laserdave1} qqqq big bar up
[15:34] {laserdave1} they have stuffed every rally atttmept
[15:34] {laserdave1} so we will see
[15:36] {dino} darn, missed my entry ilmn, now up .80
[15:36] {dino} xto, chk green...natural gas
[15:40] {dino} out ges .55 -.35
[15:42] {Threei} gosh... I didn't prepare that much popcorn for today
[15:49] {dino} ok gotta hop, baseball
[15:49] {dino} thx all
[15:49] {Threei} take care dino
[15:49] {peterg} later big buy
[15:49] {peterg} guy
[15:49] {Threei} mags... and we thought we would get a snapback day today, eh? :)
[15:49] {_andresy} Bye dino, thank you
[15:50] {Threei} -320 DJI instead
[15:50] {Threei} -50 NQ
[15:50] {peterg} snap tomorrow
[15:51] {peterg} maybe
[15:51] {peterg} since we are philosophical probabalists
[15:51] {_csepulve33} good bye take care
[15:51] {peterg} probababalistic philosophers. by 33
[15:52] {Threei} ese's NVDA held not too bad actually
[15:52] {peterg} by swing did he mean overnite
[15:53] {Threei} possibly longer
[15:56] {Threei} finishing at the low
[15:58] {Threei} wow... can't stop watching :)
[15:59] {peterg} sense of carnage?
[15:59] {Threei} close to it
[15:59] {peterg} yep
[15:59] {patience} sense of puking yet?
[15:59] {peterg} feel good so far
[15:59] {peterg} in cash for months now
[15:59] {patience} laughing, not you, the market
[16:00] {Threei} that's a good feeling
[16:00] {Threei} imagine being fully invested
[16:00] {patience} just started some buying
[16:00] {Threei} now if you think that's bad - imagine being fully margined
[16:00] {patience} laughing, oh well, i can hold em
[16:01] {Threei} ok guys, thank you all
[16:01] {Threei} have a good evening
[16:01] {Threei} tomorrow will be very interesting
[16:01] {peterg} thks, gnight, till tmo
[16:01] {peterg} yes
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