Nov 26 2008

What happened to brutal cruel hectic murderous market of late? Where did this gentle forgiving generous kitten come from? I am afraid to jinx it... but this is easiest money in I don't know how long. One more thing to be thankful for.

Happy Thanskgiving to everyone!

Session Time: Wed Nov 26 00:00:00 2008

[08:25] {Threei}  BALTIC DRY BULK INDEX FALLS 5.1%, LOWEST LEVEL SINCE JAN 1987

[08:25] {Threei}  {DRYS DSX EGLE SHY TLT}

[08:28] {Threei}  e-mails I get...

[08:28] {Threei}  Canada

[08:28] {Threei} 

[08:28] {Threei}  If the federal government sent each and every one of us a $600

[08:28] {Threei}  Rebate........As was done in the U.S of A. Recently.

[08:28] {Threei}  --------------

[08:28] {Threei}  If we spend it at Wal-Mart, the money will go to China .

[08:28] {Threei}  -----------

[08:28] {Threei}  If we spend it on gasoline, the money will go to the Arabs.

[08:28] {Threei}  ------------

[08:28] {Threei}  If we purchase a computer it will go to India

[08:28] {Threei} 

[08:28] {Threei}  If we purchase fruit and vegetables it will go to Mexico , Honduras and Guatemala

[08:28] {Threei}  --------------

[08:28] {Threei}  If we purchase a car, it will go to Japan or Mexico .

[08:28] {Threei}  -----------

[08:28] {Threei}  If we purchase useless crap it will go to Taiwan

[08:28] {Threei}  and none of it will help the Canadian economy.

[08:28] {Threei}  -------------

[08:28] {Threei}  The only way to keep the money here at home is to spend it on

[08:28] {Threei}  prostitutes, weed, beer, rye whisky and tattoos since these are the only

[08:28] {Threei}  products still produced in CANADA.

[08:28] {Threei} 

[08:28] {Threei}  Thank you for your help and please support your country!

[08:30] {Threei}  OCT PERSONAL INCOME: 0.3% V 0.1%E; PERSONAL SPENDING: -1.0% V -1.0%E

[08:30] {Threei}  OCT PCE CORE M/M: 0.0% V 0.0%E; PCE CORE Y/Y: 2.1% V 2.2%E;

[08:31] {Threei}  OCT DURABLE GOODS ORDERS: -6.2% V -3.0%E; DURABLES EX TRANSPORTATION: -4.4% V -1.6%E

[08:31] {Threei}  INITIAL JOBLESS CLAIMS: 529K V 535KE; CONTINUING CLAIMS: 3.962M V 4.080ME

[08:31] {Threei}  - Prior Initial Jobless Claims revised from 542K to 543K

[08:31] {Threei}  - Prior Continuing Claims revised from 4.012M to 4.016M

[08:49] {wishbone} gm all

[08:49] {patience} gm RT   :)

[08:50] {lisa_jay} Lol...my brother is Canadian - should send him that e-mail you got.

[08:50] {lisa_jay} Good morning.

[08:50] {Threei}  good morning all :)

[09:00] {KSystems} Good morning!

[09:00] {Threei}  KS :)

[09:05] {Geo} gm

[09:06] {Threei}  Geo :)

[09:06] {hawkfan4} gm all

[09:08] {ese} morning all....missed yesterday....it's my lot in life at this time of the year as a mucis teacher

[09:08] {Threei}  hawk, ese :)

[09:09] {ese} thats Music  sory

[09:09] {Threei}  geo, check your e-mail

[09:11] {dino} gm all

[09:11] {Threei}  dino :)

[09:11] {ese} dino

06[09:13] * Geo slaps Threei around a bit with a large book of Techniques of Tape Reading

[09:13] {Geo} nice vad

[09:13] {Geo} thanks

[09:13] {Threei}  np

[09:14] {Threei}  who wants those fancy new slaps, courtesy of KSystems, give your e-mail to send it to me or Geo

[09:15] {hawkfan4} i sense a new book coming: "Techniques of Trouting"

[09:15] {Threei}  oh, just a small e-book

[09:15] {Threei}  3 lines max

[09:19] {Onix} Good morning all

[09:20] {Threei}  onix :)

[09:25] {Threei}  remember all the hoopla and strong market reacttions on 700B bailout?

[09:26] {Threei}  800B one announced yesterday, and no one even blinked

[09:26] {dptl} good morning all

[09:26] {Threei}  we are having bailout fatique I guess

[09:26] {Threei}  dp :)

[09:32] {dino} multiple by 10 3i, 10:1 ratio on these

[09:33] {Threei}  low volume but nice chart:

[09:33] {Threei}  SUPG

[09:33] {Threei}  1.90 will worth a try

[09:33] {Geo} supg?

[09:33] {Threei}  if big offer at .89 is taken, will add significantly to volume

[09:35] {dino} rtp crushed again

[09:36] {Threei} Long Setup:  DELL  .45

[09:36] {Threei}  stop under .35

[09:37] {Threei}  market's pulling back a bit

[09:37] {Threei}  either we get better price on DELL or it proves to be a salmon

[09:38] {Threei}  golding well

[09:38] {Threei}  holding too

[09:38] {Threei}  in .46

[09:39] {Onix} in .45

[09:42] {Onix} out .57 ty Vad

[09:42] {Threei}  :)

[09:45] {Threei}  UAUA acts salmonish again

[09:45] {lisa_jay} Thanks Vad got 10c on Dell

[09:45] {Threei}  NOV CHICAGO PURCHASING MANGERS INDEX: 33.8 V 37.0E, LOWEST SINCE APRIL 1982

[09:45] {Threei}  lisa :)

[09:46] {ese} L STLD....agressive entry .67

[09:46] {ese} stop .59

[09:47] {Threei}  PREVIEW: OCT NEW HOME SALES DUE OUT AT 10AMET

[09:47] {Threei}  **consensus expectation: 441Ke v 464K prior

[09:48] {Threei}  offering half DELL .61

[09:48] {ese} Vad...does my my stop on STLD look good at .59

[09:48] {Threei}  sold

[09:48] {Threei}  yes ese

[09:48] {ese} tks

[09:48] {Threei}  that's where I'd keep it

[09:49] {Threei}  stop to under .50

[09:50] {Threei}  UAUA was mostly momo play, hard to find entry

[09:50] {Threei}  anyone got it?

[09:51] {Onix} no

[09:51] {lisa_jay} no.

[09:51] {Threei}  offering second part DELL .70

[09:52] {Threei}  out

[09:52] {ese} out STLD .93  +.26 on full lot

[09:52] {Onix} gj

[09:52] {lisa_jay} nice trade vad

[09:52] {Threei}  ty

[09:52] {Geo} all out TY vda

[09:52] {Threei}  nice one ese

[09:52] {Geo} v

[09:52] {Threei}  geo :)

[09:52] {ese} tks

06[09:52] * Geo slaps Geo around a bit with a large roll of cash

[09:55] {Threei}  NOV FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 55.3 V 57.5E

[09:55] {ese} loking for STLD on a pull back maybe around  .70 to .80 level

[09:56] {Threei}  watching FMCN

[09:56] {Threei}  idea is, .75 long half lot if holding above .60

[09:56] {Threei}  but would like home sales number to be announced before it sets up

[09:57] {Threei}  UAUA

[09:57] {Threei}  pullback play

[09:58] {Threei}  11 crossback if holding .90

[09:58] {Threei}  if loses it will try to catch deeper pullback

[10:00] {Threei}  OCT NEW HOME SALES: 433 V 441KE

[10:02] {Onix} in uaua .93

[10:02] {Geo} heheh here too

[10:02] {Threei}  stop under .80

[10:02] {Threei}  offer half somewhere closer to 11.10

[10:02] {Threei}  so it could take you out on a spike

[10:04] {Threei}  USA TODAY: FEDERAL OFFICIALS ISSUE WARNING ABOUT POTENTIAL OF TERRORIST ATTACK ON NYC SUBWAY SYSTEM

[10:04] {Threei}  sigh

[10:04] {Threei}  watch FMCN for that big offer at .70

[10:04] {Threei}  if taken, likely to spike fast

[10:05] {Threei}  sold any of UAUA?

[10:05] {Onix} no

[10:06] {Geo} my .09 didnt hit

[10:07] {lisa_jay} Stopped on UAUA.

[10:10] {Geo} got greedy

[10:10] {lisa_jay} yes.

[10:10] {lisa_jay} me too.

[10:10] {Geo} should have been more scalpy

[10:10] {Geo} thin market

[10:10] {Onix} stopped

[10:14] {dino} all l .78, stop .68

[10:17] {Threei} Long Setup:  QQQQ  on pullback under .40

[10:18] {Threei}  stop will be under .30

[10:20] {Threei}  no pullback to speak of

[10:21] {ese} Long STLD .90

[10:22] {ese} maybe should have waited until .97......well see

[10:22] {Threei}  ok... as close to .40 Qs

[10:22] {Threei}  as you can get

[10:23] {dino} all stop to b/e

[10:25] {dino} out all .08, +.30

[10:25] {Threei}  :)

[10:25] {Onix} gj

[10:25] {Threei}  offer half Qs above .60 who got it

[10:26] {Threei}  we are in for a climb

[10:27] {Onix} got in q's late .49 sold @ .59 ty Vad

[10:27] {dino} t l .10, stop .98

[10:27] {Threei}  welcome

[10:28] {Threei}  FMCN, are you ever going to trigger?

[10:30] {Threei}  big offers get taken

[10:30] {Threei}  .70 break, I am in

[10:30] {dino} xom sm l .60

[10:34] {dino} t stopped -.12

[10:35] {Threei}  DOE CRUDE: +7.3 V +1ME; GASOLINE: +1.8M V +500KE

[10:35] {dino} xom stopped -.50 

[10:35] {Threei}  oil's-a-plenty

[10:36] {Threei}  USO dropped like drunken sailor's pants... err... I'll withold the rest

[10:38] {Threei}  keep your finger on a trigger for FMCN

[10:38] {Geo} you still waiting 

[10:38] {Geo} \lol

[10:38] {Threei}  when it happens it will happen fast

[10:39] {Threei}  lol eh... we will see who is laughing if it triggers

[10:39] {Geo} i was lauginh as thats the Q i had

[10:39] {Geo} also my sell stop in place

[10:40] {Threei}  doesn't matter Geo... I just prepare future context for a slap

[10:40] {Geo} i got that feeling

[10:40] {Threei}  whatever you do, I'll succeed in justifying it

[10:40] {Threei}  anf if not, I'll slap without justification

[10:41] {lisa_jay} FMCN getting ready Vad?

[10:41] {Threei}  very much so

[10:42] {Threei}  big offers get eaten too consistently to ignore

[10:42] {Geo} got .73

[10:42] {dawg} in fmcn 

[10:42] {Threei}  and with stop under .60? shrug

[10:42] {Onix} in fmcn .71

[10:42] {lisa_jay} target v adv

[10:42] {Threei}  I will take such trade any day on risk alone

[10:43] {Threei}  add nice shaped JBE and good tape with all the offers take, it's a "must" tarde

[10:43] {Threei}  half out

[10:43] {Geo} hmmm got .83 and ,88

[10:43] {Threei}  got .89

[10:43] {Geo} cool

[10:44] {lisa_jay} 15c thanks Vad.

[10:44] {Threei}  :)

[10:44] {Threei}  [10:38] {Threei} when it happens it will happen fast

[10:44] {Threei}  wasn't that prophetic

[10:44] {dino} gj

[10:44] {Threei}  ty

[10:44] {lisa_jay} Had to fight 3 year old for mouse too

[10:44] {Onix} gj

[10:45] {Threei}  where is line for prophet position

[10:45] {Geo} obama speaking n GM?

[10:46] {Threei}  come on lisa, get new mouse on Christams sales :)

[10:46] {Geo} you have to join the humble line first

[10:46] {Threei}  yes Geo

06[10:46] * Geo auditioning for a new style slap

[10:46] {Threei}  yes on Obama

[10:46] {lisa_jay} Sigh...have 3 on my desk.  Dora comes first.

[10:47] {Threei}  now, on humble line... I applied and was rudely rejected

[10:47] {Geo} lol

[10:47] {Threei}  they told me never in their life have they seen such mismatch

[10:47] {Threei}  I insisted that I was the most humble person in the world

[10:48] {Geo} you insisted and not oferred?

[10:48] {Geo} really humble vad

[10:48] {Threei}  maybe it was all the chest-drumming I did while saying that which killed my chances

[10:49] {Geo} whats your target fmcn vad?

[10:49] {Threei}  above 8

[10:49] {Geo} TY

[10:49] {Threei}  US) PRES ELECT OBAMA:FORMALLY ANNOUNCES VOLCKER TO ECONOMIC TEAM

[10:52] {dino} fdo l .50, stop .27

[10:55] {Threei}  half out Qs .64

[10:57] {dino} out fdo .63, +.13

06[11:03] * KSystems slaps Threei around a bit with a large private jet

[11:03] {Geo} nice KS

[11:03] {Threei}  that leaves big bruise

[11:03] {Threei}  but I appreciate the sentiment

[11:04] {Geo} reached 1X.... mayve i should just laze away

06[11:04] * Threei slaps laserdave1 around a bit with a large trout

[11:04] {Threei}  old fashioned fish

06[11:04] * Threei slaps laserdave1 around a bit with a large chart of uptrending market

[11:04] {Geo} wow FAF

[11:04] {Threei}  and fancy new slap

[11:04] {KSystems} you got mail, vad :)

[11:05] {ese} signing off everyone....out STLD .85 -.05  have a great day

[11:05] {Threei}  take care ese

[11:05] {ese} see ya vad

[11:05] {Geo} see ya ese

06[11:06] * Threei slaps KSystems around a bit with a large something of unknown shape or density

[11:06] {KSystems} thats it

[11:06] {Threei}  beautiful new script KS

[11:06] {Threei}  ty

[11:06] {KSystems} lol

[11:06] {Threei}  last time:

[11:06] {KSystems} yw

[11:06] {Geo} hey !

[11:06] {Geo} please share

[11:06] {Threei}  anyone who wants these new slaps, dcc me or Geo

[11:07] {Geo} enh ill make my own

[11:07] {Geo} i like the private jet

[11:07] {Threei}  sent geo

[11:10] {Threei}  anyone scared by Volcker addition?

[11:10] {Geo} not really

[11:10] {Geo} how low can we go?

[11:10] {dino} fdo l .37

[11:10] {Threei}  well, with him it's different question

[11:10] {Threei}  how high can rates go

[11:11] {Geo} i am sure he wont be given too much power

[11:11] {Threei}  it was Volcker who moved rates in the sky

[11:11] {Geo} obama hasnt been as leftist idealouge as people thought

[11:11] {Geo} till now

[11:12] {Threei}  jury is still out on that I'd guess

[11:12] {Geo} i envy you canadians

[11:12] {Threei}  that's because you never paid our taxes

[11:13] {Geo} i am sure youre all managing :)

[11:13] {Geo} i dont see yu guy emigrating here lol

[11:13] {Threei}  well, yu guy may be not

[11:13] {Geo} what i want is to trade american markets in canada with LLC overseas in austria

[11:14] {Geo} any news FAF vad?

[11:14] {Geo} its nuts

[11:14] {Threei}  no

[11:15] {dino} 4th q earnings

[11:16] {dino} mortgage default est.

[11:16] {dino} faf that is

[11:16] {Threei}  hmmm... I don't have it

[11:16] {dino} cyber

[11:17] {Geo} thanks

[11:17] {Geo} dino

[11:18] {dino} np

[11:18] {Threei}  out last FMCN 8.07

[11:19] {Onix} gj

[11:19] {Threei}  +.36

[11:19] {Geo} was impatient......out .98

[11:19] {Threei}  offering last QQQQ at .76

[11:19] {Geo} .33 cents TY vad

[11:19] {Threei}  out

[11:20] {Threei}  welcome

[11:20] {Geo} when did you enter Qs vad?

[11:20] {Threei}  .44

[11:20] {Geo} hmmm i missed that call

[11:20] {Threei}  ??

[11:20] {Geo} i entered and stopped out without filling

[11:21] {Threei}  10:22] {Threei} ok... as close to .40 Qs

[11:21] {Threei}  [10:22] {Threei} as you can get

[11:21] {Geo} ooooh

[11:21] {Geo} that one.... sorry

[11:22] {Geo} got that but sold early........43 to .60

[11:22] {Geo} heheh TY vad

06[11:22] * Geo will pay attention and stop surfing pr$$

[11:22] {dino} out fdo .48, +.11

[11:25] {dino} afam risky, sm l .25

06[11:26] * laserdave1 slaps Threei around a bit with a large trout

06[11:26] * Threei slaps laserdave1 around a bit with a large big figment of imagination

[11:27] {Geo} I love the one in which i enter anything i want

06[11:27] * Geo slaps Threei around a bit with a large with a basted turkey

[11:27] {Geo} sorry

06[11:28] * Geo slaps Threei around a bit with a large basted thanksgiving turkey

[11:30] {dino} risky, sm s faf .88

[11:31] {dino} faf news is just prividing data to industry, not meaningful, imo, we'll see

[11:33] {wishbone} Vad...Did you get admin message in laser: Nasdaq declared/revoked self-help against NYSE?

[11:33] {Threei}  yes

[11:33] {Threei}  they decided to duke it out?

[11:33] {Threei}  I want tickets to first row and popcorn

[11:34] {wishbone} hmmm

[11:36] {dino} cov faf .24, -.36

[11:37] {Threei}  ISRAELI PM OLMERT TO BE CHARGED IN GRAFT CASE

[11:47] {dino} out fdo .82, +.22

[11:49] {dino} all l .00

[11:54] {Geo} do we have half day today?

[11:56] {dino} no, friday

06[11:57] * magoo slaps Threei around a bit with a large trout

[11:57] {Geo} ahh sorry :)

[11:57] {Geo} magoo is outdated

06[11:58] * Geo slaps magoo around a bit with a large boat

[11:58] {magoo} hows day goiung?

[11:59] {Threei}  very nice... but Geo right, you are behind the curve in slap department

06[11:59] * Threei slaps magoo around a bit with a large new array of fancy slaps

[11:59] {magoo} how so

[12:00] {Threei}  ask Geo for new file with cool options :)

[12:00] {dino} out all .85 -.15

[12:00] {dino} give and take day for me so far

[12:00] {Threei}  FRE

[12:00] {Threei}  DISCLOSES US TREASURY SUPPLIED $13.8B IN FUNDS IN ACCORDANCE WITH PREFERRED STOCK PURSHASE ON NOV 24TH - FILING

[12:01] {Threei}  I think everyone lost count of billions and trillions injected

[12:03] {dino} xom sm s .55

[12:04] {Threei}  been a while since we saw new 52 week high alerts

[12:04] {Threei}  COGT

[12:08] {dino} xom bstop is .77 brb

[12:10] {Threei} Short Setup: QQQQ  .72 if stays below .80

[12:11] {magoo} working theoiry today vad?

[12:11] {Threei}  mostly sidelines I think

[12:12] {magoo} how come qid is down 3 times more than q is up?

[12:12] {Threei}  (US) SEC STATE RICE: DECISION ON WHETHER THE US WILL RESUME DIPLOMATIC CONTACTS WITH IRAN IS FOR THE INCOMING OBAMA ADMINISTRATION

[12:13] {Threei}  3? I see 6

[12:14] {magoo} is it amplified?

[12:14] {Threei}  yup

[12:15] {dino} cov xom .30, +.25

[12:18] {KSystems} I'm out of here for today

[12:18] {Threei}  take care KS

[12:19] {KSystems} Take care and have a relaxing holiday tomorrow!"

[12:19] {Threei}  have a good turkey

[12:19] {dino} cya ks

[12:19] {KSystems} no thanksgiving here...

[12:19] {Threei}  so what

[12:19] {dino} make one

[12:19] {KSystems} just piles of work :))

[12:19] {Threei}  celebrate ours

[12:19] {dino} yes, stuff your bellie

06[12:19] * KSystems slaps KSystems around a bit with a large Todo-Inbox

[12:20] {KSystems} I'll do my very best :) thank you all. Cya on Friday!

[12:24] {dino} chuncky sirloin burger soup, tasty 

[12:35] {dino} .

[12:41] {dino} all l .80, stop .68

[12:46] {dino} out all .92, +.12

[12:47] {Geo} i reversed Qs on .79

[12:47] {Geo} got my stop and a little more back

[12:47] {Threei}  good move

[12:47] {Geo} it felt up with little pull backs on way up

[12:47] {Geo} sold half .92

[12:48] {Geo} holding

[12:49] {dino} nice geo, like to hear the "it felt" talk, your gut is speaking to you

[12:49] {Geo} heheeh

[12:49] {Geo} thanks dino

[12:49] {dino} seriously

[12:49] {Geo} i think it only comes after a while

[12:49] {Geo} still elarning from u guys

[12:49] {magoo} u should hear what his arse is saying he he

[12:49] {dino} subconcious (spelling) is working

[12:50] {Geo} lol

[12:50] {Geo} magoo

[12:58] {magoo} any read GS vad?

[12:59] {Threei}  up

[12:59] {magoo} how high lol

[12:59] {Geo} sitting in C here

[12:59] {Geo} from .80

[12:59] {Threei}  15.80 or so

[13:00] {Threei}  75.80

[13:00] {Geo} gm doing good today

[13:02] {Threei}  GMneeds pullback to 5.40 at least

[13:02] {Geo} out half c .93

[13:02] {Threei}  I missed your entry geo

[13:03] {Geo} [09:59] {Geo} sitting in C here

[13:03] {Geo} entered just a few mins before that

[13:03] {Geo} sorry

[13:03] {Threei}  didn't want to share... I see

06[13:03] * Threei slaps Geo around a bit with a large roll of cash

[13:04] {Geo} the day you need pointers from me vad...................

[13:04] {Geo} lol

[13:05] {magoo} no UAUA today vad?

[13:05] {Threei}  it's not very active since morning

[13:05] {magoo} k

[13:06] {Geo} holding 200 sold 1/4 .97

[13:06] {Threei}  FITCH NOTES THAT $35B OF GS DEBT IS ELIGIBLE FOR ISSUANCE UNDER GUARANTEES

[13:07] {Threei}  serious pullback GM

[13:07] {Geo} looks like with this market ill have to "work from home"

[13:07] {Threei}  13:02] {Threei} GM needs pullback to 5.40 at least

[13:07] {Geo} in vad?

[13:07] {Threei}  n, missed

[13:07] {Threei}  don't want to chase

[13:07] {Geo} ok

[13:08] {Threei}  want it around 5 now

[13:08] {Geo} ok

[13:08] {Threei}  possibly lower

[13:08] {Threei}  and will be quick to take scalp

[13:12] {Threei}  in

[13:12] {Threei}  .91

[13:12] {Threei}  stop under .80

[13:17] {Threei}  out 5.03

[13:17] {jmb} Thanks Vad

[13:17] {Threei}  :)

[13:21] {Threei}  chart wise, 5.05 becomes a long trigger if stays above 4.90

[13:21] {Threei}  hard to tell how reliable it is

[13:21] {Threei}  stock is hectic

[13:29] {Geo} am i here?

[13:30] {hawkfan4} no

[13:33] {Threei}  anyone seen Geo lately?

[13:33] {Geo} no

[13:34] {dino} sm s apol .70

[13:35] {dino} he's on ignore

[13:36] {Threei}  last time I tried to put magoo on ignore I accidentally ended up putting myself... was wondering why I couldn't see my own comments

[13:37] {Threei}  GM, probably one more dive under .50 will be another entry point

[13:46] {Threei}  NY STATE COMPTROLLER: PENSION FUND TERMINATED 3 EQUITY FUNDS IN OCT AT TOTAL VALUE OF $2.3B

[13:46] {Threei}  and we were wondering where all that seling was coming from

[13:47] {Threei}  I'd guess that wasn't the only pension fund doing that

[13:49] {Threei}  GS new high

[13:49] {Threei}  still in magoo?

[13:50] {dino} grrr, apol rinsed out .02 -.32

[13:51] {magoo} scalped earlier

[13:51] {magoo} wheres a new entry?

[13:52] {Threei}  as close to 75 as it gets

[13:54] {Threei}  in .01

[13:55] {Threei}  half out.18

[13:56] {Onix} you are so nimble!

[13:56] {Threei}  yup

[13:57] {Threei}  I am in holiday mood

[13:57] {Threei}  nimbly nibbling

[13:57] {Threei}  .95 stop for second half

[13:57] {lisa_jay} Vad, in the GM trade earlier, did you have your exit price already in (.03) or did you wait for it to print first.  Thanks.

[13:58] {Threei}  ghit it as it topped around .005 and started downticking

[14:00] {Threei}  missed GS exit around .40

[14:02] {Threei}  earlier news:

[14:02] {Threei}  MULTIPLE SHOOTINGS REPORTED IN THE FINANCIAL DISTRICT OF MUMBAI, INDIA

[14:02] {Threei}  - two people killed, 10 hospitalized in five shooting incidents

[14:02] {Threei}  - note: it is currently 11pmET in Mumbai

[14:02] {Threei}  - follow up 1:25pmET: as many as seven attacks with automatic weapons and grenades now reported; death toll rises to 25

[14:02] {Onix} must be the holiday mood

[14:03] {dino} apol last try s .50 hl

[14:04] {Geo} sheesh

[14:04] {Geo} i think its safer in southcentral these days

[14:05] {Threei}  where?

[14:05] {Geo} southcentral los angeles

[14:05] {Threei}  but, haven't you heard?

[14:05] {Geo} where all the riots start

[14:05] {Threei}  russian analyst predicts USA breakdown by 5 countries

[14:05] {Geo} yeah i heard that

[14:06] {Geo} i predict i will be too rich to care

[14:06] {Threei}  and we know they are very accurate and objective

[14:06] {Threei}  they predicted ultimate rot of capitalism for 70 years

[14:06] {wishbone} lol is apparently not a ticker symbol......lol geo

[14:07] {wishbone} what 5 countries vad?

[14:08] {dino} all the a's

[14:08] {Threei}  4 corners and middle

[14:08] {Geo} magoo will rule the middle

[14:08] {Geo} lol vad

[14:08] {Geo} they really put a lot of thought into the dision didnt they

[14:09] {Geo} division

[14:09] {Threei}  certainly

[14:10] {Threei}  I want to rule South-West

[14:10] {Threei}  just for the pleasure of ordering Chaeron around

[14:10] {Geo} stand in line behind me and chaeron

[14:10] {Geo} you can take the northwest

[14:10] {Geo} youve captured victoria already

[14:11] {dino} sort of like the game risk

[14:11] {Threei}  I don't really care about your corner... my secret goal is to capture Hawaii

[14:12] {Geo} now why is it a secret vd?

[14:12] {Geo} do what the american did

[14:12] {Threei}  because I won't tell ayone until I have it

[14:12] {Geo} go there to do business and one fine morning finance a coup

[14:13] {Geo} apologize in 200 years

[14:13] {dino} coin toss says down

[14:14] {Geo} hmmmm no positive close into weekend?

[14:15] {dino} wednesday geo, :)

[14:15] {Geo} i was counting friday too

[14:17] {dino} apol stopped .73 -.23, done w/it

[14:17] {dino} coin wrong

[14:21] {Geo} ya should hav used gut and not coin dino

[14:23] {Threei}  PIMCO'S MCCULLEY: RECENT FED POLICIES ARE USD POSITIVE, YET ONLY IF SUCCESSFUL - TV INTERVIEW

[14:23] {Threei}  I don't even know where to begin, lol

[14:24] {Threei}  CHK, half lot long 20 break if holding above 19.90

[14:25] {Threei}  C... 7 break

[14:26] {Threei}  if stays above 6.90

[14:30] {magoo} in C

[14:30] {dino} l fdo .65

[14:30] {dino} afam stop to .45 all dayer

[14:31] {magoo} in CHK

[14:31] {patience} in abx, hgu

[14:31] {dino} hod dji, throwing that coin away

[14:31] {patience} and gg

[14:32] {Threei}  C 1:1

[14:32] {magoo} out .14 TY

[14:32] {Threei}  CHK 1:1

[14:33] {magoo} out .11 TY

[14:33] {Threei}  YW

[14:33] {Threei}  YW

[14:33] {Geo} out .13 .11 half

[14:33] {Threei}  easy money

[14:33] {Geo} TY

[14:33] {Threei}  YW

[14:33] {magoo} wheres entry YW

[14:33] {Threei}  awww GS

[14:34] {magoo} i know SIGH

[14:36] {dino} well, at leastout 300 pt range

[14:36] {dino} our

[14:36] {Geo} we are in a poistive weekend closed

[14:36] {Threei}  last three days, easiest money in I don't know how long

[14:37] {patience} seems like old times

[14:37] {Threei}  and when I think of all those trillions to pour into markets when banks unlock the flow...

[14:37] {Threei}  mouth watering

[14:38] {dino} out afam, +.18

[14:40] {Threei}  funny... automakers come asking for 25 B, PTB demands plan and guarantees

[14:40] {Threei}  trillions meanwhile are being poured into banks with purpose to unlock the credit,

[14:40] {Geo} auto workers dont have their college buddies with their hands on the taps

[14:40] {Threei}  banks don't free the credit,

[14:41] {Threei}  and no one ever thinks of any kind of conditions and consequences to attach?

[14:41] {Threei}  now, I am bank,

[14:41] {Threei}  I am holding credit frozen,

[14:41] {Threei}  I am given hundreds of billions to do that

[14:42] {Threei}  but no one demands anything

[14:42] {Threei}  so, I am either to unlock that credit

[14:42] {Threei}  or sit and look pretty

[14:42] {Threei}  and more billions will be given.

[14:42] {Threei}  What I am going to do?

[14:43] {magoo} cnbc keeps saying 20% rally coming 

[14:43] {Onix} wait for some more billions to be given

[14:43] {Threei}  of course... and that's what we see

[14:44] {Threei}  CNBC got it all figured out eh

[14:44] {Threei}  not 15, not 30... 20

[14:45] {dino} 20% already happened in last 3 days

[14:51] {dino} out fdo .77, +.12

[14:52] {magoo} aapl assaualt on 95 RISKY

[14:52] {magoo} in .25

06[14:55] * Threei slaps magoo around a bit with a large assault rifle

[14:55] {magoo} magoo spits out bullets 

[14:55] {magoo} and teeth

06[14:56] * dino slaps magoo around a bit with a large trout

[14:56] {Threei}  geo, sell already second half C

[14:56] {magoo} wait .07

[14:56] {Threei}  sharp spike

[14:57] {Geo} ok

[14:57] {Geo} sold .29

[14:57] {Geo} hhehehe

[14:57] {Geo} forgot  about it

[14:57] {Threei}  FNM

[14:57] {Threei}  NOTIFES NYSE OF INTENT TO MAINTAIN LISTING REQUIREMENTS

[14:57] {Geo} reverse split

[14:57] {Threei}  yikes

[14:58] {magoo} 95

[14:58] {dino} then we will start shorting it again

[14:59] {Threei}  lol

[14:59] {magoo} out aapl

[14:59] {Threei}  beautiful day... raining money

[14:59] {Threei}  minimal risk

06[15:00] * Geo slaps Threei around a bit with a large unjinxing pillow

[15:00] {Threei}  what a change from hectic adrenalin-laced trading of last months

[15:00] {Threei}  that was good one geo

[15:00] {cosmo} got rid of some turkeys?

[15:01] {Threei}  you got about 70 cents on this AAPL trade magoo?

[15:01] {Geo} thank you.... Ill be here all day

[15:01] {Geo} i jumped in ADBE to follow Qs

[15:01] {Threei}  and no sharing again?

[15:01] {Geo} too fast vad :(

[15:01] {Geo} ok wont mention without entry

06[15:02] * Threei slaps Geo around a bit with a large writen agreement to share

[15:02] {Geo} okkkk crossed 2X

[15:02] {magoo} 75 vad

[15:02] {Geo} i can finally buy a turkey

[15:03] {Geo} lvs on fire

[15:03] {Threei}  and not much sweat mags

[15:04] {cosmo} thank the turkey lobby

[15:04] {Threei}  pullback time

[15:04] {Threei}  heck, even lame turkey HIG went up

[15:04] {Geo} chaeron missed this day

[15:05] {Threei}  shame

[15:05] {magoo} forgot what it was like vad

[15:05] {Threei}  we will have a lot more of this

[15:06] {lisa_jay} Hopefully.

[15:06] {Threei}  these slow climbing days are tough for traders who got conditioned for volatile up and downs

[15:06] {Onix} promise?

[15:06] {Threei}  but when we are in tune and expect this kind of rallies, these days are easy money makers

[15:07] {cosmo} Santa comes next

[15:07] {Threei}  yes onix... Fed promised it with tall those trillions

[15:07] {Threei}  tall = all

[15:07] {Threei}  that's insane amount of money sitting on sideline

[15:07] {Onix} ok

[15:08] {Threei}  look at the action

[15:08] {Threei}  market climbs 20% in three days with no good news in sight

[15:08] {Threei}  it just can't wait for any sign of relief to truly rally

[15:08] {Onix} incredible

[15:09] {Threei}  a lot of hands itching

[15:09] {Onix} true

[15:09] {cosmo} my teeth itch

[15:09] {laserdave1} dawg dcc please

[15:09] {Threei}  must be inconvinient cos...

[15:10] {patience} would hate to be a fund manager trying to improve the bottom line before the end of this month

[15:10] {cosmo} yes... during the day

[15:10] {Onix} yes patience, that is a tall order

[15:13] {Geo} you in any pos vad?

[15:13] {dino} fdo l .70

[15:14] {patience} canadian markets are open tomorrow, i'll be all by myself here.....  :(

[15:15] {cosmo} i'll break a wish bone for ya

[15:16] {dino} out .86, +.16

[15:16] {Onix} yes, i can not trade canadians with you

[15:16] {Onix} gj dino

[15:17] {Threei}  I am crying that I missed DRYS geo

[15:17] {Geo} pullback

[15:18] {Threei}  need deep one

[15:18] {Threei}  to about 5.20 or lower

[15:18] {dptl} have a good evening all....and happy hollydays...

[15:18] {Threei}  take care dp

[15:19] {dino} fdo s .85

[15:19] {Onix} small or short dino?

[15:21] {dino} cov .70, +.15

[15:21] {dino} s=short; l=long

[15:21] {Onix} ty

[15:22] {Threei}  here goes DRYS

[15:22] {Onix} sm=small?

[15:22] {dino} sm=sm, hl=half lot, nothing full lot

[15:22] {dino} small=sm

[15:22] {Onix} ty

[15:22] {dino} yes

06[15:22] * KSystems slaps dino around a bit with a large small lot

[15:22] {magoo} drys long 35 vad?

[15:22] {dino} been hitting fulls on it

[15:23] {dino} good pattern

[15:24] {Threei}  don't want to chase mags

[15:24] {Threei}  it bottomed at .25

[15:25] {dino} lol, rather a small fries

[15:27] {Threei}  jeex

[15:27] {Threei}  this thing in Mumbai

[15:27] {Threei}  it's not just a local attack

[15:27] {Threei}  multiple attacks all over the city

[15:28] {Geo} bloody jihadis

[15:28] {dino} worthless bastards

[15:28] {lisa_jay} Stupid politics too.

[15:29] {Geo} idiots... they never win and it gives govt cover to kill them in "encounters"

[15:29] {dino} burn 'em all ike, burn 'em all.....

[15:30] {dino} tombstone

[15:30] {Geo} shoot em all and let em be sorted out in afterlife

[15:30] {Threei}  MER

[15:30] {Threei}  FEDERAL RESERVE APPROVES ACQUISITION BY BAC

[15:31] {Threei}  I don't remember what the price was

[15:31] {dino} wrap them in pig skins

[15:32] {dino} must be a stock deal, not moving

[15:32] {dino} 50billion?

[15:32] {Threei}  so much happened since then, can't remember

[15:34] {Threei}  big jump BAC

[15:36] {Geo} assholes... were specificially looking to kill caucasians

[15:36] {Geo} trwo birds with one stone....... kill western people and cripple indian economy

[15:37] {dino} 3:40 push coming, imo

[15:37] {Geo} so indian and thailand are out for vacation this year.......

[15:38] {dino} afam l .60

[15:39] {Geo} wow de

[15:40] {Threei}  5.50 break DRYS if holding .40 and market helps

[15:45] {Threei}  got BAC at .10

[15:45] {Threei}  too fast to alert

[15:47] {Threei}  missed DRYS again, wanted it closer to .20

[15:47] {Threei}  this stock haunts me

[15:47] {Threei}  out BAC +.21

[15:48] {Onix} gj

[15:52] {dino} afam stopped -.35

[15:53] {Threei}  GM holding well into close

[15:54] {Threei}  if not for all this day off, half day, would be worth overnight

[15:58] {Threei}  Ok guys, thank you all

[15:58] {Geo} great day vad

[15:58] {Threei}  have a great Thaksgiving

[15:59] {Threei}  see you all on friday

06[15:59] * Geo slaps Threei around a bit with a large thank you postcard

[15:59] {Threei}  for s few hours of trading

[15:59] {Onix} ty for a great trading day Vad, have a good thanksgiving

[15:59] {patience} happy gobble gobble day guys

[15:59] {Onix} :)

[16:00] {magoo} have nice holiday all

[16:00] {dino} thx all, good job.

[16:00] {dino} happy thanksgiving to all

[16:01] {hawkfan4} enjoy

Nov 25 2008

Somewhat boring and mildly profitable day. Just 5 trades, 4 of them wins, 1 stop. Couple worked nicely, particularly UAUA for 40 cents. Boring though. Though profitable. Even though boring. But I am willing to yawn on my way to the bank.

Session Time: Tue Nov 25 00:00:00 2008

[08:11] {Threei}  PREVIEW: Q3 PRELIMINARY GDP PRICE INDEX AND CORE PCE Q/Q DUE AT 8:30 AM

[08:11] {Threei}  Consensus expectations:

[08:11] {Threei}  - GDP Price Index: 4.2% v 4.2% last

[08:11] {Threei}  - Core PCE Q/Q: 2.9% v 2.9% last

[08:11] {Threei}  PREVIEW: Q3 PRELIMINARY GDP ANNUALIZED AND PERSONAL CONSUMPTION DUE AT 8:30 AM

[08:11] {Threei}  - GDP Annualized: -0.5% v -0.3% prior

[08:11] {Threei}  - Personal Consumption: -3.2% v -3.1% prior

[08:15] {Threei}  *FED TO BUY $100B IN GSE DEBT

[08:15] {Threei}  {FRE FNM}

[08:19] {Threei}  *FED TO BUY $100B IN GSE DEBT, $500B IN MORTGAGE SECURITIES; EXTENDING $200B IN LOANS UNDER CONSUMER CREDIT FACILITY

[08:31] {Threei}  Q3 PRELIMINARY GDP ANNUALIZED: -0.5% V -0.5%E; PERSONAL CONSUMPTION: -3.7% V -3.2%E

[08:31] {Threei}  Q3 PRELIMINARY GDP PRICE INDEX: 4.2% V 4.2%E; CORE PCE Q/Q: 2.6% V 2.9%E

[08:35] {Threei}  C worth watching for pullback

[08:36] {Threei}  quite sustaned buying

[08:39] {hawkfan4} good morning vad, all

[08:39] {Threei}  good morning

[08:47] {dino} gm all, 4" of snow

[08:47] {Threei}  wow dino

[08:47] {Threei}  that's yikes

[08:47] {patience} i'll take your snow if you mow my lawn

[08:47] {patience} gm RT

[08:48] {Threei}  patience :)

[08:48] {Threei}  you are saying that only 'cause you never really cleaned the snow

[08:48] {dino} lol patience, but yeah, i'd take that trade

[08:48] {dino} i enjoy the mind numbness of mowing the lawn

[08:49] {patience} good, takes 2 hours to do it

[08:49] {Threei}  PIMCO'S MCCULLEY: INFLATION IS NOT A PROBLEM RIGHT NOW, MAY RE-EMERGE AS AN ISSUE IN FIVE OR TEN YEARS - CNBC INTERVIEW

[08:49] {Threei}  5 or 10 years?

[08:49] {patience} under a year

[08:49] {Threei}  how delusional are these guys?

[08:49] {dino} lol 5 or 10 years, i'm thinking this summer

[08:50] {Threei}  I will be pleasantly surprized if it takes more than one year

[08:50] {dino} tbt will be bought to play it

[08:51] {peterg} morning: no snow; might mow once more or forget it

[08:51] {peterg} takes 10 minute4s

[08:51] {Threei}  peter :)

[08:51] {Threei}  I did yesterday... next time will be in Feb I think

[08:51] {dino} 3 hours for mine peter, but its what i call "down time"

[08:52] {peterg} nice

[08:52] {peterg} off 2 day job; back in 2

[08:57] {dino} rtp smackdown

[08:57] {wishbone} gm

[08:58] {Threei}  wishbone :)

[08:59] {Threei}  C formed JBE

[08:59] {Threei}  .30 -.42

[08:59] {dino} watch the gap, imo

[08:59] {Threei}  premarket is not the best time for technical setups of course

[09:00] {KSystems} Good morning!

[09:01] {Threei}  KS :)

[09:04] {Threei}  UAUA

[09:04] {Threei}  SEES Q4 ACOUNTING CHARGES TRIMMING PASSENGER REVENUE BY $64M

[09:05] {lisa_jay} Good morning.

[09:06] {Threei}  lisa :)

[09:13] {Geo} gm

[09:16] {Threei}  geo :)

[09:18] {dptl} good morning all

[09:19] {lisa_jay} 10 am Paulson and 12 Obama on news.

[09:19] {Threei}  dp :)

[09:19] {Threei}  yeah... talking heads add uncertainty

[09:21] {dino} ya think? lol

[09:21] {Threei}  well, look... having all these guys stating obvious left and right, I ahve to comptete somehow

[09:21] {Threei}  compete

[09:22] {Threei}  you have to agree - it's hard to beat the guy who says "we are in crisis"

[09:22] {Threei}  the best thing I could think of is, "today is Nov 25"

[09:24] {Threei}  (FR) FRENCH PM: FRANCE WILL SHORTLY UNVEIL MEASURES TO AID THE AUTO INDUSTRY SOON, REITERATES THAT EUROPE NEEDS A LARGE STIMULUS PACKAGE

[09:28] {Geo} I guess we should trade today

[09:28] {Threei}  see? competition grows

[09:29] {Threei}  working assumption so far, pullback, then rally continuation

[09:30] {Threei}  watching UAUA for sharp pullback

[09:31] {Threei}  possible entry around 9.20

[09:32] {Threei}  wow

[09:32] {Threei}  what was that

[09:35] {Threei}  first attempt at entry, C around .20

[09:36] {Threei}  if not losing ,30 anymore then .40 break is entry

[09:36] {Threei}  more risky than pure pullback

[09:38] {dino} rimm blood

[09:39] {Threei}  WHITE HOUSE ECON ADVISOR LAZEAR: NOTES THAT NOW IS NOT THE TIME FOR SAVINGS LEVELS TO GO UP -CNBC

[09:40] {Threei}  hh?

[09:41] {dino} hmmmmmmm

[09:42] {dino} is it ever then?

[09:42] {Threei}  go out and shop to help economy?

[09:43] {lisa_jay} C still valid Vad? Buy at .20

[09:43] {Threei}  not price per se

[09:43] {Threei}  it's a support zone, need it to stabilize there

[09:44] {Threei}  and market to establish pullback bottom and start upward move

[09:44] {Threei}  neither happened yet

[09:46] {Threei}  if market shows strength here, let's modify play: .31 entry if stays above .20

[09:49] {Threei}  UAUA amazingly strong

[09:49] {Threei}  no pullback to speak of for entry

[09:49] {Geo} cal too

[09:53] {Threei}  JNPR

[09:53] {Threei}  watching for entry for bounce

[09:56] {Threei}  .91 if stays above .80 and market shows uptick

[09:58] {dino} sm s mcd .50

[09:59] {Threei}  let's trail C stop to .24

[10:00] {Threei}  JNPR over 1:1, half out, scalpers take profit

[10:00] {Threei}  NOV CONSUMER CONFIDENCE: 44.9 V 38.0E

[10:00] {Threei}  - prior revised from 38.0 to 38.8

[10:00] {Threei}  cool... consumers are confident

[10:00] {Threei}  lol

[10:01] {Threei}  and hey, they have all the reasons to be:

[10:01] {Threei}  *NOV RICHMOND FED MANUFACTURING INDEX: -38 V -27E

[10:01] {Threei}  (US) TREASURY SEC PAULSON: PLEDGES TO USE ALL TOOLS AVAILABLE TO SLOW THE ECONOMIC SPILLOVER

[10:01] {Threei}  - Asset-backed securities are essentially frozen

[10:01] {Threei}  can I see his toolbox?

[10:02] {dino} mcd stopped/cov .80, -.30

[10:02] {Threei}  more reasons for confidence:

[10:02] {Threei}  FDIC: TROUBLED BANK LIST GREW TO 171 IN Q3, V 117 Q/Q

[10:04] {Threei}  more from amazing Paulson:

[10:04] {Threei}  NEW FACILITY IS AIMED AT RESTORING AFFORDABLE MORTGAGE FINANCE

[10:04] {Threei}  - The lack of consumer credit is weakening economy, asset-backed securities are essentially frozen.

[10:04] {Threei}  - Warns it will take time to work thorugh the many economic problems faced by the economy.

[10:04] {Threei}  - The $20B for consumer credit is targeted at reducing the cost of small business loans.

[10:04] {Threei}  I give up

[10:04] {Threei}  I am no master of stating the obvious anymore

[10:04] {Threei}  this beats anything I could ever come up with:

[10:04] {Threei}  Warns it will take time to work thorugh the many economic problems faced by the economy

[10:05] {hawkfan4} lol

[10:05] {Threei}  and if he alone was not enough to beat me:

[10:06] {Threei}  FDIC'S BAIR: CHALLENGING CREDIT SITUATION WILL CONTINUE IN NEAR FUTURE

[10:06] {Threei}  {--- crying

[10:07] {Threei}  C over 1:1, half out, scalpers take profit

[10:07] {dino} xom l .99

[10:13] {Chaeron} good morning all

[10:13] {Threei}  Chaeron :)

[10:17] {Threei} Long Setup:  DELL  .26 if stays above .15

[10:17] {Threei} Short Setup: ADBE  .74 half lot

[10:18] {Threei}  if stays below .90

[10:21] {Threei}  C UPDATE: UBS CUTS PRICE TARGET 54% TO $6.50

[10:21] {dino} wmt sm s .40, stop .70

[10:22] {Threei}  not delighted by ADBE action, let's trail stop to .86

[10:25] {dino} xom stopped -.38

[10:25] {patience} not my type of market today

[10:25] {dino} markets whippier today

[10:26] {dino} trouble here too patience

[10:26] {patience} paulson keeps talking, doesn't he know when to leave the stage

[10:26] {Threei}  his last days of limelight

[10:27] {Threei}  with Forbes calling him the worst Sec of Treas in modern times, gotta do some image repair I guess

[10:27] {patience} that i should have the chance to live on  his retirement income

[10:27] {patience} he's not hurting

[10:29] {Threei}  C 1:2, 1/4 more out

[10:30] {Threei}  offering last 1/4 at .63 with stop .39

[10:30] {lisa_jay} ADBE stopped

[10:30] {Threei}  yup

[10:31] {Threei}  speech is done

[10:31] {Threei}  do I hear "heck of a job Paulie"?

[10:32] {patience} i'm asleep, is the market alive still?

[10:33] {patience} that would be a 'no'

[10:34] {dino} alive, yes, rinsing me all over

[10:34] {dino} 77-124 range dji

[10:34] {Threei}  C stop to .44 for the last portion

[10:40] {Threei}  out C

[10:40] {dino} rimm -10%

[10:41] {peterg} should i get the blackberry storm?

[10:42] {Threei}  11/25/08 01:19am

[10:42] {Threei}  According to research firm Gartner, 2009 device sales volumes will see a single-digit contraction

[10:42] {Threei}  re: RIMM

[10:42] {Threei}  - Back on 10/17, the sales chief for Sony Ericsson said that he saw the handset market growing in 2009, although at a lower rate than the 10% growth seen in 2008.

[10:42] {Threei}  - Also, on 10/16, NOK's CEO would not comment on the 2009 handset market.

[10:42] {peterg} not if i buy the new phone

[10:42] {peterg} plus my kids new phones

[10:44] {dino} lol

[10:44] {Geo} my GOD MAN  !!!

[10:44] {Geo} how many kids do you have?????

[10:45] {peterg} probly not enuf

[10:45] {peterg} just feels like it

[10:45] {peterg} :)

[10:46] {peterg} ok going across street to look at new phone. Dont buy anything till I'm back

[10:48] {Threei}  come on

[10:48] {Threei}  we will load up on RIMM

[10:48] {Threei}  just tell us you are buying those phones

[10:49] {peterg} am trader; must watch first, then get setup, then make move

[10:49] {peterg} this will take hours

[10:49] {peterg} unless you tell me what to do now

[10:49] {Threei}  ok, short RIMM meanhwile then

[10:49] {Threei}  and cover on your buy

[10:49] {KSystems} play scalper for a day then, peter!

[10:50] {KSystems} take phone for 20 secs, then throw it back

[10:50] {peterg} very good!

[10:51] {Threei} Short Setup: RIMM  41 breakdown if stays under .20

[10:51] {Threei}  smaller shares

[10:53] {Threei}  over 1:1, cover half

[10:54] {dino} cov wmt .00, +.40

[10:54] {peterg} bad timing but made a dime, ty vad

[10:54] {Threei}  :)

[10:55] {Threei}  stop above .10

[11:01] {dino} sm l apol .89

[11:03] {Threei}  not very active day so far

[11:03] {Threei}  but we are 3 for 4 so far

[11:03] {Threei}  let' stay patient and picky

[11:05] {dino} apol stopped

[11:08] {Threei}  ADBE is holding oddly well

[11:09] {Threei}  will be my long candidate if market decides to reverse

[11:10] {Threei}  by the way guys, while it's quiet out there

[11:10] {Threei}  we have short day on Friday,

[11:10] {Threei}  probably just couple hours of effective trading if that

[11:10] {Threei}  after that I'll leave for the weekend,

[11:11] {dptl} and closed thursday ,right?

[11:11] {hawkfan4} good plan

[11:11] {dino} yes dp

[11:11] {Threei}  spend couple days in Tofino, hopefully lucky enough to watch winter storms

[11:11] {Chaeron} take some pics

[11:11] {Threei}  It's a half day drive

[11:12] {Threei}  so I will have to miss Monday

[11:12] {wishbone} ohhh you're gonna like that Vad!

[11:12] {Threei}  and be back with you on Tuesday

[11:12] {Threei}  I am looking forqard wishbone

[11:12] {Threei}  forward too

[11:12] {hawkfan4} Vad, what part of the island are you on?

[11:12] {dino} mcd sm l .15

[11:12] {Threei}  will you survive without me Monday?

[11:12] {Threei}  Victoria, hawk

[11:12] {Threei}  southern tip

[11:13] {hawkfan4} cool beans, looks beautiful

[11:13] {Threei}  sure is

[11:14] {Threei}  jimmyg... since your trial time falls on a short week, let's extned it till the end of the next one

[11:14] {Threei}  fair?

[11:15] {wishbone} Vad, at the Wicanninnish Inn they have speakers in the rooms so you can hear the ocean

[11:15] {Threei}  cool

[11:15] {Threei}  I am staying at Middle beach lodge

[11:16] {wishbone} oh not sure where that one is

[11:16] {Threei}  http://www.middlebeach.com/

[11:18] {peterg} ok, back, bought the blackberry storm for delivery 12/1

[11:18] {peterg} 12/15. 

[11:18] {peterg} heavily discounted but enuf to spur uptick

[11:18] {peterg} in rimm

[11:18] {Threei}  ok, long

[11:19] {Threei}  how much is the monthly plan peter?

[11:19] {peterg} plus $30 for data plan; on top of existing family plan

[11:19] {peterg} plus text packages for college kids

[11:20] {peterg} i'll be at about $180 for four phones

[11:20] {peterg} maybe 170

[11:21] {peterg} rimm going down; they saw I paid 150 for phone, not 200 or 250

[11:24] {Threei}  argh

[11:24] {Threei}  forgot about DELL :(

[11:24] {Threei}  watch for pullback

[11:24] {Threei}  anyone took .26?

[11:27] {peterg} nope; in fantasyland about new phone

[11:27] {peterg} happiness at last

[11:27] {peterg} forever

[11:27] {Threei}  lol

[11:28] {dino} lol

[11:29] {Threei}  so how come you all ignored DELL?

[11:30] {Threei}  OK, I have ADD... but whole room can't be this way, can it?

[11:30] {wishbone} changed windows from dell to adbe

[11:30] {hawkfan4} lol, trading minis right now

[11:30] {wishbone} :( cause that was a sweet call!

[11:30] {Geo} these guys werent ignoring dell 

[11:31] {Threei}  ah

[11:31] {hawkfan4} and I also have ADD

[11:31] {Threei}  I got it

[11:31] {Threei}  they were ignoring me

[11:32] {peterg} I didn't want to say it.

[11:32] {peterg} not nice

[11:32] {peterg} i am always nice

[11:33] {peterg} just ask wife

[11:33] {Geo} see how I said "these guys" ?

[11:33] {Threei}  that's OK peter

[11:33] {Threei}  I don't do nice well

[11:33] {Threei}  and fairly comfortable with being ignored

[11:33] {Geo} just ask his wife

[11:33] {Geo} lol

[11:34] {peterg} looking at best buy black friday specials

[11:35] {peterg} if they have to sell this stuff to stay in bsns, watch out

[11:35] {Threei}  you can ask her geo, but she is almost sure to ignore you

[11:35] {Geo} nah vad it was just aplay on the following

[11:35] {Geo} [08:33] {peterg} just ask wife

[11:36] {Geo} i was going to be in seaworld on thanksgiving.... drat.....

[11:36] {Geo} the only 2 days of the year its going to rain

[11:36] {Threei}  and I played on the idea that she is so well trained to ignore me... and don't you hate jokes explained, lol

[11:36] {peterg} let me explain why this is funny...................

[11:36] {Geo} kill me know

[11:37] {peterg} what about seaworld?

[11:37] {Geo} san diego

[11:37] {peterg} why not go?

[11:37] {Geo} newer rains but is those 2 days

[11:37] {Threei}  fabulous place

[11:37] {peterg} aside from boring for those over 10

[11:37] {Geo} probably my 6th time

[11:37] {Threei}  eeck

[11:37] {peterg} or iam thingking of place in fla.

[11:37] {peterg} run down decrepit

[11:37] {Geo} hwy what are you going to do aith a 2 and 4 year old

[11:38] {peterg} maybe not seaworld, but something else

[11:38] {Geo} sea world san diego is nice

[11:38] {peterg} right geo, good plan

[11:38] {Threei}  very

[11:38] {Geo} and the annheiser bush  helps too

[11:38] {Threei}  killer whale show is something

[11:38] {dino} out mcd .65, +.50

[11:38] {Threei}  oh come on DELL, pull back, will ya

[11:38] {Geo} hawk dcc pls

[11:39] {Threei}  wtg dino

[11:39] {Geo} nice dino

[11:39] {dino} ty

[11:42] {Geo} does this qualify as pullback?

[11:43] {Threei}  barely

[11:44] {Threei}  setup on a break is valid technically speaking... but I am so hesitant to chase anything in this market

[11:55] {dino} sm l rimm.98

[11:58] {Geo} obama speaking on economy at 12

[12:00] {Threei}  here he is

[12:04] {Threei}  lol

[12:04] {Threei}  Vegetarian is an old Native American word for "bad hunter"

[12:04] {wishbone} lol

[12:04] {hawkfan4} lol

[12:08] {wishbone} is that joke a registered trademark of Vad Graifer Incorporated? 'Cause I'd liek to use it first chance iget

[12:09] {Threei}  nah... use it freely

[12:09] {Threei}  lifted it myself

[12:11] {Threei}  about the only thing I copyright is this:

[12:11] {Threei}  yawn ©

[12:11] {KSystems} still looking for an attorney help me put a patent on my salmon-flavoured coffee syrup

[12:11] {KSystems} but well

[12:11] {KSystems} no chance

[12:11] {wishbone} yum

[12:14] {Threei}  I think the more president-elct learns about the state of economy the more he wishes he were back on campaign trail

[12:15] {wishbone} jan 21, 2009 NEws Headline: The President was found whimpering on the Oval office floor curled up in the fetal position

[12:15] {dino} don't kid yourself, this is the ultimate power trip

[12:16] {brian3579} Have a good holiday all be back in a little more than a week off to Florida to get married

[12:16] {Threei}  congratulations brian, have a safe trip

[12:16] {patience} congrats brian, the very best to both of you

[12:16] {hawkfan4} wow, congrats

[12:16] {Threei}  enjoy!

[12:16] {Geo} congrats brian

[12:16] {wishbone} congrats brian

[12:16] {Geo} see vad..........

[12:16] {Geo} he beat your weekend trip didnt he?

[12:16] {Threei}  sure did

[12:17] {brian3579} ty all 

[12:17] {Threei}  I am NOT getting married on mine

[12:17] {Threei}  I actually considered it but wife objected

[12:17] {peterg} AP- After several days without luck, astronauts finally ran a successful test on equipment that turns urine into drinking water - a necessity for supporting the international space stations's crew, which will soon double.

[12:17] {Threei}  brian... no computer access for a week

[12:18] {peterg} congratulations brian

[12:18] {dino} congrats brian

[12:18] {brian3579} going to leave all computers home 

[12:19] {Threei}  no laptop?

[12:19] {Threei}  not entering internet cafes?

[12:19] {Threei}  not using business center in hotel?

[12:19] {Threei}  not watching CNBC?

[12:19] {brian3579} we had a long talk about this last night lol

[12:19] {Threei}  those are all necessary conditions for a happy start of family life :)

[12:20] {dino} lol

[12:23] {peterg} dino--what is the trajectory of the dj for rest of day?

[12:24] {peterg} & where end?

[12:25] {dino} lol

[12:25] {dino} gut says range bound between -100 to +80

[12:25] {peterg} seems reasonable

[12:25] {dino} gut is full of ham sandwich though, so may be a bit "off"

[12:26] {peterg} think ill get lunch too

[12:26] {dino} feels like it's a scalpers day

[12:26] {peterg} little bit here, little bit there

[12:27] {dino} yes

[12:34] {peterg} ok lunch, chicken chili soup w black beans

[12:40] {dino}  mcd l .88

06[12:41] * magoo slaps Threei around a bit with a large trout

[12:41] {Threei}  wow

[12:41] {Threei}  that was sneaky

[12:42] {Threei}  hi mags

[12:42] {Threei}  but look how I can rehabilitate myself:

06[12:42] * Threei slaps laserdave1 around a bit with a large trout

06[12:42] * Chaeron slaps laserdave1 around a bit with a large trout

06[12:42] * Chaeron slaps magoo around a bit with a large trout

[12:45] {peterg} some one pushed my buy button for rimm;

[12:45] {peterg} made a dime

[12:45] {peterg} nearly freaked

[12:45] {magoo} makingany $$

[12:45] {Threei}  yesterday was pure beauty

[12:45] {peterg} 300 sh

[12:45] {Threei}  today is boring but still profitable, 3 for 4

[12:46] {peterg} plus ghost trade

[12:46] {Threei}  peter... got ghosts?

[12:46] {Threei}  lol

[12:46] {dino} stop  mcd

[12:46] {peterg} it seems to

[12:46] {peterg} so

[12:47] {magoo} i knew yester would be goo with me out

[12:47] {Threei}  incredibly calm and confident day yesterday, not seen since I don't know how long

[12:49] {magoo} grrrrrrrr

[12:49] {dino} seems i'm wrong broke the -100

[12:50] {peterg} ham factor

[12:50] {dino} lol

[12:51] {dino} rimm stopped -.30

[12:54] {Threei}  YAYA sizeable pullback

[12:55] {Threei}  UAUA

[12:55] {Chaeron} lol

[12:55] {Threei}  watching for bounce scalp if market bounces

[12:55] {Threei}  lol

06[12:55] * Threei slaps Chaeron around a bit with a large trout

[12:55] {Chaeron} heheh... worth it

[12:59] {Threei}  teleportation into .40s is coming it seems

[12:59] {Chaeron} ?

[13:00] {peterg} for uaua

[13:00] {Threei}  or yaya

[13:00] {peterg} likie yaya

[13:00] {Threei}  not worse than LULU

[13:00] {Chaeron} .40's? as in short?

[13:00] {Threei}  or favorite chaeron's stock ZIXI

[13:00] {Threei}  no

[13:00] {Chaeron} I love saying that symbol...

[13:01] {KSystems} wasnt there a symbol GRRR once?

[13:01] {Threei}  for a quick entry for bounce scalp

[13:01] {Chaeron} no that's just Threei getting mad

[13:01] {Threei}  there was RRRR

[13:01] {Threei}  seriously

[13:01] {Threei}  in 1999

[13:07] {magoo} u in ua ua?

[13:07] {magoo} or ya ya 

[13:07] {magoo} ya ya sisterhood 

[13:07] {magoo} of revolving jeans

[13:08] {Threei}  no mags

[13:08] {Threei}  expected one more leg down before bounce

[13:09] {Threei}  evolving jeans?

[13:09] {Threei}  where the heck is this coming from?? :)

[13:09] {magoo} any news rimm aapl vad?

[13:09] {Geo} obviously vad doesnt read popular literature

[13:09] {Threei}  not really, there was some piece in the morning about weakening demand for their devises

[13:10] {magoo} ah ty

[13:10] {Threei}  but then peter went and bought 4 phones

[13:10] {magoo} yes,,sisterhood of ya ya

[13:10] {Threei}  so that was aleviated

[13:10] {peterg} but i bought one

[13:10] {peterg} just one

[13:10] {peterg} kids can use bricks 

[13:10] {Geo} in ,54 out .64 on lot

[13:10] {Threei}  Geo... I do my best to catch up on cultural references

[13:10] {Threei}  but it's a long way you know

[13:11] {Geo} had gooten in long ago on NQ uptick.... cant even remember when

[13:11] {Threei}  up to 35 I read only what was translated to Russian (or written in it of course)

[13:13] {Geo} i just know em from the books that passes my wife's deks

[13:13] {Geo} desks

[13:15] {peterg} uauauauauauauuauauauauau

[13:15] {peterg} what?

[13:15] {peterg} cries of frustration

[13:16] {peterg} Vad: being bored is good

[13:16] {peterg} better bored than gored

[13:16] {peterg} new motto for trading room

[13:20] {magoo} vad...why was GS as high as 74? news?

[13:20] {Threei}  nah

[13:27] {Chaeron} ADBE

[13:27] {dino} spike

[13:27] {dino} why not magoo, why not

[13:28] {Threei}  guys, for you to digest, before details are available

[13:29] {dino} ?

[13:29] {Threei}  APPROX APRIL 4 TO 13, 2009

[13:29] {Threei}  At Atlantis Convention Centre, Coral Towers, Nassau, Bahamas

[13:29] {Threei}  trading conference with a lot of seminars and other stuff

[13:30] {Threei}  I will let you know when details are worked out, and I know exactly number of my seminars

[13:30] {dino} ok

[13:30] {Threei}  for now just have a look at your schedules

[13:30] {Threei}  think if such vacation fits in your plans

[13:32] {magoo} vad..poewer up here

[13:34] {dino} bj l sm .90, stop lod

[13:36] {Threei}  DELL probably desrves a shot if market continues up

[13:37] {Threei}  .64-.65 long

[13:37] {magoo} full?

[13:37] {Threei}  sure

[13:37] {Threei}  seriably if holding above .55

[13:37] {Threei}  desirably

[13:39] {peterg} mkt is gooey

[13:39] {Chaeron} mmmmmmmmmmmmmm goooooooey......

[13:40] {peterg} warm melting choc fondue, etc

[13:41] {Threei}  so far so good, held .55

[13:41] {Threei}  need strong market push now

[13:42] {Threei}  for break and continuation

[13:43] {peterg} dribble..........

[13:44] {Threei}  no push

[13:44] {Threei}  yet

[13:44] {peterg} hope plotzes eternal

[13:45] {peterg} eyes glazing over

[13:45] {peterg} brain cells slowly winking off

[13:46] {Threei}  my brain cells when I demand something from them answer: hey, what do you want from us, we are very grey matter

[13:46] {peterg} lol

[13:46] {peterg} dark matter

[13:47] {peterg} black hole

[13:47] {peterg} anti matter

[13:47] {peterg} whats the matter

[13:47] {peterg} better take a break BRB

[13:51] {peterg} ok what do the witches say, "Boil & bubble, toil and trouble?"

[13:51] {Chaeron} peter needs a vacation....... Vad? take him with you?

[13:52] {peterg} Thks chaeron, going to miami beach tmo

[13:52] {Chaeron} great! drive to the Key West

[13:53] {peterg} probly just walk beach up & down wih  rest of old folks

[13:53] {peterg} pick out shiny red walker with bell and brake

[13:55] {peterg} borrow mo-in-law's std aluminum model

[13:56] {peterg} ok, I'll take my morbid ideas off for a while, do some day job. Back for the close. Have fun, make money

[14:13] {Threei}  ok guys, are you ready for some serious laughter?

[14:13] {Threei}  analyzing traffic stats for RT,

[14:14] {Threei}  guess what word is in first thirty,

[14:14] {Geo} gooey?

[14:14] {Threei}  much higher than let's say word "chart"

[14:14] {Geo} trout?

[14:14] {Threei}  you got it

[14:14] {Geo} lol

[14:14] {Threei}  from now on, everyone substitutes chart for trout

[14:14] {Geo} from now on..... this is what i use

06[14:15] * Geo throws scalping money on vad

[14:15] {Threei}  you are getting me fishermen instead of traders!

06[14:15] * KSystems slaps Threei around a bit with a large chart

06[14:15] * Geo slaps vad with his scalping dollars

[14:15] {Threei}  that's it

06[14:16] * Geo slaps Threei with a bundle of cash

[14:17] {Geo} nah not as good as trout

[14:18] {Geo} oh my god !!!!!!!!!!!!!!

[14:18] {Geo} MCD raised prices of burger to 1.19

[14:18] {Geo} thats a bloomberg headline

[14:19] {dino} what happened to deflation

[14:20] {Threei}  we are going for reflation now

[14:21] {dino} risky wide sm l deck .72

[14:33] {Threei}  what an unbelievable yawn© today

[14:38] {Raven}  MCD burgers are not food

[14:44] {Threei}  if market climbs slowly, UAUA .50 break long

[14:45] {Threei}  with stop under .40

[14:45] {dino} out deck .22, +.50

[14:45] {Threei}  good one

[14:45] {dino} ty

[14:45] {wishbone} nw

[14:51] {laserdave1} dawg dcc please

[14:56] {magoo} i yaya

[14:56] {Threei}  took .45

[14:56] {dino} all sm l .22

[14:56] {Threei}  it gave delay when NQ spiked

[14:56] {Threei}  so I grabbed it aggressively

[14:56] {Geo} entered cal .12

[14:58] {Threei}  US HOUSE FINANCIAL SERVICE COMMITTEE TO CONDUCT HEARING ON AUTO BAILOUT ON DEC 5

[14:58] {Threei}  {GM F}

[14:58] {magoo} greem

[14:58] {Threei}  half out

[15:01] {Threei}  it it teleports quickly into support, going to get that half back

[15:01] {magoo} over 11  target?

[15:02] {Threei}  if market stages strong rally, quite possibly

[15:04] {Threei}  offering 1/4 more .75

[15:04] {Threei}  hit

[15:04] {magoo} out here .78 TY

[15:04] {Threei}  last portion .90

[15:04] {dino} out bj .30, +.40

[15:04] {Threei}  welcome sir

[15:04] {lisa_jay} .22 on UAUA thanks Vad.

[15:04] {Threei}  lisa :)

[15:04] {Geo} still in half cal from .12

[15:04] {dino} all stop to .62

[15:04] {Threei}  anyone else took YAYA, sibling of LULU and cousin of ZIXI?

[15:05] {jmb} Thanks Vad UAUA

[15:05] {Threei}  jmb :)

[15:05] {dino} out all .72, +.50

[15:06] {wishbone} uaua +.16-.20 ty 3i

[15:06] {dino} apol sm l .00

[15:06] {Threei}  good job guys

[15:06] {Threei}  sleepy or not, you are focused

[15:07] {Geo} all out .47

[15:07] {Geo} TY vad

[15:07] {Threei}  welcome

[15:07] {Threei}  even though it's kind of derivative from my call, I'll take the credit

[15:07] {dino} stop apol, -.20

[15:07] {Geo} exactly was using your timing

[15:08] {Threei}  even if you weren't, I'd take the credit anyway

06[15:08] * Geo slaps Threei a bit with bundles of cash

[15:08] {Threei}  I am credit-hogger

[15:09] {Threei}  out last portion .85

[15:09] {Threei}  +.40

[15:09] {wishbone} nice

[15:09] {Threei}  wow, what happened to our market climb

[15:09] {Threei}  who unplugged the market?

[15:09] {Threei}  stop tripping over the cord guys

[15:10] {dino} opps

06[15:18] * Threei slaps dptl around a bit with chart of a climbing market

[15:19] {dptl} :)

[15:21] {Threei}  just wanted to suggest you stop drinking and playing with buttons Market Up and Market Down

[15:23] {dino} market hasn't done the 300 pt ange yet today

06[15:24] * KSystems slaps Threei around a bit with a large trout

[15:25] {Threei}  hey, we decided to do away with fish

[15:26] {Threei}  chart of uptrending market

[15:26] {Threei}  scalping setup

[15:26] {Threei}  pile of cash

06[15:26] * Geo slaps Geo with scalping for studs book

[15:26] {Geo} can you add a few automated one vad?

[15:28] {Threei}  looking into it

[15:30] {Threei}  hmmm

[15:30] {Threei}  news item fro AKNS, solar stock caught my attention

[15:30] {Threei}  DISCLOSES IN FILING DATED 11/14 THAT IT WAS NOT IN COMPLAINCE WITH TANGIBLE NET WORTH CONVENANTS AS OF SEPT 30; COMERICA PROVIDED WAIVER

[15:30] {Threei}  Comerica?

06[15:30] * KSystems slaps Geo around a bit with a large roll of cash

[15:30] {Threei}  doesn't remind you anything?

[15:30] {Geo} nice

[15:31] {Threei}  come on... dino, magoo

[15:31] {magoo} huh?

[15:31] {Threei}  Seinfield?

06[15:31] * KSystems slaps Threei around a bit with a large Master Profit Plan

[15:32] {Threei}  How did Kramewr called his enterprise?

[15:32] {Threei}  Kramer

[15:32] {magoo} oh HE HE

[15:32] {hawkfan4} Kramerica

[15:32] {Threei}  yes sir :)

[15:33] {hawkfan4} maybe AKNS should work on developing a big rubber ball of oil

[15:34] {Threei}  there you go

[15:34] {dino}  lol

[15:35] {Threei}  see geo... at least some parts of culture I soak in... especially when it's about nothing

[15:35] {Geo} :)

[15:35] {Geo} if you havent read sisterhood of the travelling pants\

[15:35] {Geo} youre not accultured

[15:36] {dino} layn l .02

[15:41] {patience} no trades for me today, talk about feast or famine

[15:44] {Threei}  C

[15:44] {Threei}  CARLOS SLIM HAS REPORTEDLY PURCHASED 26M SHARES OF CITGROUP WITHIN LAST WEEK, PAYING $134M

[15:44] {magoo} wqere up 100 dino

[15:45] {Geo} decent day...... broke my 1X (200)

[15:46] {lisa_jay} Geo what is your trade size...for full, half and small.  Thanks.

[15:46] {dino} gj geo

[15:46] {Geo} these days 400 or less

[15:46] {Geo} got greedy too fast and paid for it so... on a diet

06[15:47] * Geo hits himslef on head with MPP scaling chapter as a nod to vad

[15:47] {lisa_jay} Yeah.  Choppy few weeks.

[15:49] {dino} 400/day is a lot of money annualized

[15:49] {Geo} no dino.... 400 is lot size

[15:49] {Geo} goal is 200 for this year

[15:49] {dino} ok, lol

[15:49] {dino} missed that

[15:49] {magoo} goal is 200 loty size?

[15:50] {lisa_jay} sigh.

[15:50] {lisa_jay} sorry i started it :-)

[15:50] {Geo} goal is lots of size magoo :)

[15:50] {dino} out layn, .12, +.10

[15:50] {Threei}  goal is $200/year

06[15:50] * Geo slaps magoo with vanison chop

[15:50] {Geo} ven

[15:51] {Threei}  learn to read finally magoo

[15:51] {Threei}  see:

[15:51] {Threei}  15:49] {Geo} goal is 200 for this year

[15:51] {Geo} 200k vad

[15:51] {Geo} youre confused

[15:51] {dino} so a buck a day give or take

[15:51] {Geo} heheheh

[15:51] {dino} roflol

[15:51] {Geo} i am striving.....

[15:52] {Geo} i suddenly want a red robin burger........

[15:53] {Raven}  Red Robin burger are food

[15:53] {Geo} hey dino you heard about that lady in Penn?

[15:53] {dino} nope

[15:53] {peterg} ok, any last minute scalpes?

[15:53] {Threei}  too jerky

[15:53] {Geo} the one who is suing a sheriff who revoked her license as she was packing a revolver in kids basketball game

[15:53] {dino} layn thinking peter

[15:54] {magoo} robin burger tastes too jerky?

[15:54] {Threei}  ok, trying new scripts

[15:54] {Raven}  sigh

[15:54] {dino} oh yeah, thats only 45 min. from me, big group of them

[15:54] {Threei}  who volunteers?

[15:54] {Geo} interesting group dino

06[15:54] * Threei slaps Geo around a bit with a large roll of cash

06[15:54] * Threei slaps Geo around a bit with a large scalping course

[15:54] {Geo} nice

06[15:54] * Threei slaps Geo around a bit with a large daytrading course

06[15:54] * dptl slaps Geo around a bit with a large trout

06[15:54] * Threei slaps Geo around a bit with a large Master Profit Plan

[15:55] {Geo} hey how do we get this????

[15:55] {dino} missed layn peter

[15:55] {dino} wanted .94

[15:55] {Geo} well all make our own

[15:55] {peterg} yep thiks

[15:56] {Threei}  I will send it when it's fully done Geo

[15:56] {Threei}  easy to do

[15:56] {Geo} cool

[15:56] {Geo} ill add my own content

[15:57] {peterg} uhoh

[15:57] {peterg} what u thinking

[15:57] {peterg} geo

[15:57] {magoo} ty guys..made some cake

[15:57] {Threei}  his imagination revolves around fifferent types of fish peter

[15:57] {magoo} fresh out of the woos

[15:57] {dino} ok, at .02 peter

[15:57] {peterg} squid

[15:57] {magoo} woods

[15:58] {Threei}  mags :)

[15:58] {peterg} ok?

[15:58] {peterg} no such symbol

[15:58] {magoo} makes me feel less guilty missing work vad

[15:59] {Geo} i cant think of amything except redrobin right now peter

[15:59] {dptl} have a good evening all

[15:59] {dino} out .14, +.12

06[15:59] * Threei slaps Geo around a bit with a large chart of uptrending market

06[15:59] * Threei slaps Geo around a bit with a large book of Techniques of Tape Reading

[15:59] {Geo} lol

[15:59] {Threei}  OK, now it's ready

[15:59] {dino} you get that peter

[16:00] {peterg} no, what?

[16:00] {dino} layn

[16:00] {Threei}  magoo... less guilty???

[16:00] {peterg} dam missed

[16:00] {peterg} thanks dino you da man

[16:00] {Threei}  ugh, he left

[16:00] {magoo} yeah...missed monday

[16:00] {dino} just trying to do my job

06[16:00] * Threei slaps magoo around a bit with a large chart of uptrending market

[16:00] {dino} had a nice pattern for size

[16:00] {Threei}  Ok guys, thank you all

[16:01] {Geo} ty all

[16:01] {Threei}  have a good evening, see you tomorrow

[16:01] {peterg} Ill see you tuesday vad

[16:01] {Threei}  be safe peter

[16:01] {peterg} maybe fri am, but i think you are off

[16:01] {peterg} you too big guy

[16:01] {magoo} good nite all...and to all a good nite

[16:01] {Threei}  I'll be here in the morning

[16:02] {dino} i'm here fri, off mon and tues

[16:02] {magoo} im out until noon tomorrow

Nov 24 2008

Beautiful calm strong day. Not much of hectic action except last 10-15 minutes. Just one small stop at the beginning of day, the rest of trades worked like charm, and many for much more than scalps. Notably, GG for $1, QQQQ for 50 cents, etc. Nice to see normal action for a change. Got a whiff of what was coming early:

{10:09}  my impression of market action is, it wants to climb the wall of worry today. Barring news, feels like we are in for a nice upside move

... and stayed with it, catching second leg of the rally just in time:

{13:58}  feels like market gathering forces and probing ground for another powerful rally. One more pullback is likely before main push comes.

Worked out like a clockwork.

Session Time: Mon Nov 24 00:00:00 2008

[08:20] {Threei}  11/23/08 11:31pm

[08:20] {Threei}  [C] Citigroup Inc *WSJ REPORTS US GOVT MOVES TO GUARANTEE $300B IN COMPANY'S TROUBLED ASSETS

[08:20] {Threei}  - The government plans to inject a further $20B in Citigroup, although it will charge a higher interest rate for the injection (8% for first few years).

[08:57] {wishbone} gm

[08:57] {Threei}  wishbone :)

[08:59] {hawkfan4} good morning

[09:00] {KSystems} Good morning!

[09:00] {Threei}  KS :)

[09:00] {Threei}  hawk :)

[09:01] {lisa_jay} Good morning.

[09:02] {Threei}  lisa :)

[09:07] {Geo} gm

[09:08] {Threei}  Geo :)

[09:09] {Threei}  US PRESIDENT BUSH WILL REPORTEDLY MEET WITH TREASURY'S PAULSON AND ISSUE STATEMENT AT APPROX 10:35AM

[09:09] {cosmo} wonderfull...

[09:09] {Threei}  yeah

[09:10] {Threei}  "after long and torturous negotiations we came to conclusion that Chicago hot dog is preferable to New York steak"

[09:11] {Threei}  that would give marjet a clear message that all is fine

[09:11] {ese} good morning all

[09:11] {Threei}  ese :)

[09:11] {cosmo} i used to read the news... now i read the Desiderata

[09:11] {Threei}  C CFO: REITERATES THAT CITI REMAINS WELL CAPITALIZED, CAN "NEVER SAY NEVER" REGARDING THE NEED FOR FURTHER CAPITAL INJECTIONS - CNBC INTERVIEW

[09:12] {lisa_jay} My platform gives message: RULE 48 invoked today .

[09:13] {ese} OHHHH NOOOO!!!!! Paulson to speak again........prepare for the 1000pt tank in the market....can't the 2 of them just shut up for a while....

[09:13] {Geo} you have to prepay your stock taxes lisa

[09:13] {lisa_jay} :-)

[09:16] {Threei}  C will probably be one of the most promising (and dangerous) players today

[09:17] {dino} gm all

[09:17] {Threei}  dino :)

[09:18] {dino} hotdogs vs steak, interesting conversation today

[09:18] {Threei}  gotta start a week somewhere...

[09:19] {Threei}  and this is short one

[09:19] {cosmo} turkey dogs?

[09:19] {Threei}  so I try to cover a lot of topics in a shortest time possible

[09:23] {dino} had hotdogs and beans at hunting cabin last night, have to say, i've missed them

[09:24] {dino} so the big question, does the open gap up get filled as usual/

[09:25] {Threei}  they've been filled so regularly for so long, at some point market should stp doing that in order to kill too comlacent traders that xcontinue bet on it

[09:25] {Threei}  whether it's today or not is anyone's guess of course

[09:25] {Threei}  but feels like we have a good chance today

[09:26] {cosmo} QID investors beware..

[09:27] {Threei}  anyway, let's not guess and go with action

[09:27] {Threei}  market acts especially nasty on Mondays lately

[09:27] {Threei}  a lot of chop chop

[09:28] {dptl} good morning all

[09:28] {Threei}  dp :)

[09:28] {dino} we must make lots of $ today so we can tease magoo for slacking off

[09:29] {Threei}  where is he?

[09:29] {Threei}  deer hunting?

[09:30] {Threei}  C bounce off 5.70

[09:31] {ese} L.. AAUK .48

[09:32] {Threei}  if not losing 5.90 anymore, 6 break is long trigger

[09:34] {Chaeron} Good morning all

[09:34] {Threei}  chaeron :)

[09:35] {ese} CCCCCHHHHHH.....

[09:35] {ese} that felt god

[09:35] {ese} hadn't done that in a while

[09:35] {Geo} filled .02 stopped

[09:36] {ese} out aauk......-.02

[09:36] {ese} thought it had enough to strength to carry on up

[09:37] {lisa_jay} stopped c

[09:37] {Chaeron} hey ese... :) 

[09:37] {Threei}  market is locked in 5 points range

[09:37] {ese} ch

[09:37] {Threei}  neds break to define direction

[09:40] {dino} needs gap fill imo

[09:40] {Threei}  ADBE strangely strong

[09:41] {Threei} Long Setup:  ADBE  22.10 break if stays above 21.9o, with market bounce

[09:43] {dino} bj, mcd, wmt all going neg

[09:44] {ese}  LOng Hero .81

[09:44] {ese} 1/2

[09:45] {ese} stop .69

[09:46] {dino} uso dropping es

[09:47] {ese} ya

[09:47] {ese} not lookin god here

[09:48] {Threei}  ok market, let's bounce some

[09:48] {Threei}  hardcore scalpers can keep ADBE stop around .95

[09:49] {dino} wmt sm l .70, stop lod

[09:53] {ese} want Hero to bounce like USO.....

[09:55] {Threei}  masrket is in bad need of some coffee

[09:56] {ese} indeed

06[09:56] * Threei kick ADBE in the rear

[09:56] {Threei}  and I am in bad need of typing lessons

[09:57] {Threei}  did I manage any single line today with less than 2 mistypes?

[09:57] {ese} Mavis Beacon typing program.....my daughter is using it

[09:58] {ese} Ok uso bouncing....what about HERO??

[09:58] {Threei}  Attention:  ADBE  half out here

[09:58] {dino} all this hero talk making me hungry

[09:58] {Threei}  scalpres take your profits

[09:58] {ese} ack acka dak....dak acka ack.......sometimes works

[09:59] {Chaeron} took +0.12 on ADBE   in at .11, out at .23  Thanks Vad

[09:59] {dino} all sam l .25

[09:59] {Threei}  stop for the balance to ynder 22.05

[10:00] {lisa_jay} 10c ADBE thanks Vad

[10:00] {Threei}  OCT EXISTING HOME SALES: 4.98MM V 5.00ME

[10:00] {peterg} hello all

[10:00] {Threei}  peter :)

[10:00] {ese} peter

[10:01] {Threei}  stop to under 22.10

[10:01] {peterg} yo es

[10:01] {dino} hod

[10:03] {wishbone} vad what time did you enter ADBE?

[10:03] {ese} shoulda been in USO

[10:04] {Threei}  9:42:43

[10:04] {wishbone} ok ty

[10:05] {Threei} Long Setup:  GG  .40 break smaller shares, stop under .20

[10:07] {ese} wishbone.....I need ya baby....break it down the middle and give me the biger half for HERO

[10:07] {Threei}  lol

[10:07] {wishbone} ?

[10:07] {Threei}  you guys have been drinking heavily this weekend, haven't you

[10:08] {Threei}  ese means your nick, wish :)

[10:08] {ese} the wishbone man the wishbone.......it's a good luck thing

[10:08] {wishbone} ya//lol

[10:08] {wishbone} i suddenly have craving for turkey ese!

[10:09] {ese} me also!!!

[10:09] {Threei}  my impression of market action is,

[10:09] {Threei}  it wants to climb the wall of worry today

[10:09] {ese} hmmmmm

[10:09] {Threei}  barring news, feels like we are in for a nice upside move

[10:10] {Threei}  Attention:  GG  stop to under .30

[10:10] {dino} now why do you have to say it like that

[10:10] {ese} theres that touchy feely thing from Vad agaqin.....

[10:10] {Threei}  half out

[10:10] {Threei}  not a scalp for me

[10:11] {Threei}  want it over 27 for full out

[10:11] {ese} HERO to the rescue

[10:11] {Threei}  I am a very touchy-feely type, dino, yeah :)

[10:11] {lisa_jay} Thanks Vad, got 28c on GG.

[10:11] {Threei}  good job lisa

[10:12] {wishbone} gg +34 ty3i

[10:12] {Threei}  HSBC CHMN: WOULD NOT RULE OUT BUYING CITIGROUP ASSETS

[10:12] {Threei}  {HBC}

[10:12] {Threei}  welcome wish

[10:13] {dino} out wmt .20, +.50

[10:13] {Threei}  nice

[10:13] {lisa_jay} nice one

[10:14] {dino} ty

[10:14] {Threei} Long Setup:  QQQQ  .51

[10:15] {Threei}  stop under .40

[10:15] {Threei}  for hardcore scalpers stop under .45

[10:17] {ese} Hero stop o break even .81

[10:22] {lisa_jay} gg over 27

[10:22] {Geo} still in half

[10:22] {Threei}  waiting for last spike Geo

[10:22] {Geo} :)

[10:22] {lisa_jay} nice

[10:22] {Threei}  but it's quite discretionary here

[10:22] {Geo} i am just triling stop 

[10:22] {dino} afam sm l .00

[10:23] {Threei}  tril baby tril

[10:23] {Geo} heheheh

[10:23] {Threei}  Attention:  QQQQ  half out

[10:23] {Threei}  scalpers out in full

[10:23] {ese} out HERO .03  +.21

[10:23] {ese} had to work that one....

[10:24] {Threei}  work? Monday morning?

[10:24] {Threei}  ewww

[10:24] {ese} wish i could do your kind of work all the time vad

[10:24] {Threei}  come on guys, that WAS funny

[10:25] {ese} tukey it is wishbone!!!!

[10:25] {Threei}  [10:22] {Geo} i am just triling stop

[10:25] {Threei}  [10:23] {Threei} tril baby tril

[10:25] {Threei}  sigh

[10:25] {Threei}  {--- deeply underappreciated

[10:25] {Threei}  out GG +$1

[10:25] {Geo} [07:23] {Geo} heheheh

[10:25] {Chaeron} only in the humor dept

[10:25] {Chaeron} oh, and singing

[10:26] {Threei}  no, in singing department I am fairly hated

[10:26] {Chaeron} ah

[10:26] {Threei}  anyone had guts to hold GG for a full dollar?

[10:26] {ese} not i

[10:26] {Chaeron} well, I took +0.14 on the Q's .. in .51 out .65 Thanks

[10:26] {Threei}  pesky scalpers...

[10:27] {Geo} .37 10 .46

[10:27] {Geo} to

[10:27] {Geo} 1.09

[10:27] {Threei}  Qs is almost at 1:2

[10:27] {patience} i am, on canadian side, up $3.30 so far, still holding

[10:27] {Geo} ty lord vader

[10:27] {Threei}  welcome guys

[10:28] {Threei}  1:3

[10:28] {Threei}  full out

[10:28] {ese} YA SURE .....AAUK!!!!!

[10:28] {Threei}  PRESIDENT BUSH: FIRST STEP TO RECOVERY IS SAFEGUARDING THE US FINANCIAL SYSTEM

[10:29] {Threei}  [10:09] {Threei} my impression of market action is,

[10:29] {Threei}  [10:09] {Threei} it wants to climb the wall of worry today

[10:29] {ese} duhhhhhhhh!

[10:29] {Threei}  [10:09] {Threei} barring news, feels like we are in for a nice upside move

[10:29] {Threei}  can I go home?

[10:30] {Geo} work for the day off !

[10:30] {ese} you are home....

[10:30] {Geo} heheh that too

[10:30] {Threei}  oh

[10:30] {Threei}  ah OK

[10:30] {ese} you may go down to your crabbing dock though

[10:30] {Threei}  I have day off next Monday

[10:30] {hawkfan4} and you can have thursday off too :)

[10:30] {Threei}  lol

[10:30] {Threei}  you are so generous

[10:30] {lisa_jay} afam nice Dino

[10:31] {lisa_jay} news: Gap did not fill

[10:31] {Threei}  - Bush also noted that he has discussed the Citigroup decision with President-Elect Obama.

[10:31] {Threei}  - so, how about that Citigroup?

[10:32] {Geo} i dont want citibank to fail

[10:32] {Threei}  - yeah, quite something, isn't it

[10:32] {Geo} they have been good to my family

[10:32] {hawkfan4} that's just payback vad, cuz i'm still in C from your 4 break call friday afternoon

[10:32] {Threei}  wow really?

[10:32] {hawkfan4} 4.03

[10:32] {hawkfan4} it's a beauty

[10:32] {Geo} wow hawk

[10:33] {Threei}  I'll never understand where you get the guts to hold that long :)

[10:33] {Threei}  and over weekend

[10:33] {hawkfan4} lucky, could've gone completely the other way

[10:33] {Threei}  with any kind of news development possible

[10:33] {Geo} 10 lots hawk?

[10:33] {hawkfan4} lol, 1.5

[10:34] {Threei}  so, are you planning on selling ever?? :)

[10:34] {hawkfan4} lol, yes, gonna sell some soon

[10:35] {dino} out all .85, +.6-

[10:35] {dino} .60

[10:35] {Threei}  wtg dino

[10:35] {patience} you're having a good day dino

[10:35] {dino} ty, lucky

[10:37] {hawkfan4} out C + 2.01

[10:38] {Chaeron} nice hawk... 

[10:38] {Chaeron} guysy

[10:38] {Chaeron} gutsy

[10:38] {patience} and gutsy

[10:38] {Geo} girlsy

[10:38] {Chaeron} "guysy" too... in a manly way

[10:38] {hawkfan4} thx, lol :)

06[10:38] * hawkfan4 slaps Geo around a bit with a large trout

[10:39] {Geo} nono that was for patience 3 bucks on GG

[10:40] {dino} wtg hawk

[10:40] {hawkfan4} oh, i c :)  i take it back

[10:40] {hawkfan4} thx dino

[10:40] {patience} still holding basket of gold stocks, but ready to cut loose my silver wheaton

[10:41] {Threei}  OPEC PRESIDENT: COOPERATION WITH OUTPUT CUT AMONG MEMBERS HAS BEEN 'EXCELLENT', WILL EVALUTE DEMAND SITUATION THROUGH EARLY DECEMBER

[10:41] {Threei}  - Remarks that economic growth is important for OPEC

[10:42] {Threei}  whose economic growth? OPEC's?

[10:43] {cosmo} it trickels down

[10:44] {cosmo} or is it up...

[10:45] {Threei}  wow C

[10:48] {Threei}  watch UAUA for teleportation pullback setup

[10:48] {patience} out slw +.60    got bored with it...not a good attitude today   :)

[10:49] {Chaeron} yeah... .60 trades put me in a bad attitude too

[10:49] {Chaeron} :) nice one patience

[10:49] {Threei}  C pulling back into support

[10:49] {patience} oh look, it dropped

[10:49] {dino} out afam .55, +.55

[10:50] {Threei}  dino the money machine

[10:50] {dino} lol

[10:50] {patience} no kidding

[10:50] {Threei}  don't forget to show it all to magoo

[10:50] {dino} :)

[10:50] {Threei}  tease him to no end

06[10:59] * laserdave1 slaps Threei around a bit with a large trout

[10:59] {Threei}  sneaky sneaky

06[11:01] * Chaeron slaps laserdave1 around a bit with a large trout

[11:04] {Threei}  UAUA worth a try here

[11:04] {Threei}  tight scalping stop

[11:04] {Threei}  first strength

[11:05] {Threei}  in .14

[11:05] {Threei}  stop under .10

[11:13] {Threei}  action slowed down to a crawl

[11:15] {dino} indeed

[11:17] {Threei}  I am officially beaten as a master of stating the obvious:

[11:17] {Threei}  EU'S BARROSO: WORLD ECONOMY IS ON THE BRINK OF RECESSION

[11:17] {hawkfan4} wow, i hadn't heard...

[11:18] {Threei}  out UAUA +.11

[11:22] {patience} going hunting in su, eca and cnq

[11:25] {patience} out +.44  cnq

[11:27] {patience} oh foo, left some on the table

[11:27] {hawkfan4} nice

[11:30] {patience} gold moving again

[11:32] {patience} going to do an umbrella trade in gg, using options just for fun

[11:33] {Geo} umbrella trade?

[11:33] {patience} vad, your term

[11:33] {Threei}  yup

[11:33] {Threei}  Geo

[11:33] {Threei}  back to textbook, wil ya

[11:33] {Geo} sheesh

[11:34] {Threei}  scalping course printed manual

[11:34] {Geo} cant i just stay here and make money?

[11:34] {Threei}  no

[11:34] {Threei}  that doesn't involve suffering

[11:34] {Threei}  and we want you to suffer

[11:36] {Threei}  page 8-2

[11:36] {Geo} reading chapter 8 sniff

[11:36] {Geo} heheh

[11:36] {patience} gold is stalling, sigh

[11:38] {Geo} ok got it... (serves me right for skimming)

[11:38] {Geo} so what time frames you using patience?

[11:39] {patience} just quick (not) scalp

[11:39] {patience} hould have chosen energy sector for it instead

[11:39] {patience} should

[11:40] {patience} but just playing with it

[11:40] {Geo} TY

[11:42] {patience} too many trades on, 8 of them, tricky to watch so i'm eyeballing exits

[11:43] {dino} nothing here

[11:50] {Geo} sneaky google

[11:50] {Geo} http://www.webguild.org/2008/11/google-layoffs-10000-workers-affected.php

[11:50] {dino} mcd sm l .85

[11:50] {Geo} has 1/3 emps as temps

[11:53] {Geo} economic team to be formally announced in 7 mins

[11:53] {patience} good, have sold all but HGU and waiting for exit

[11:55] {ese} see ya tomorrow...i think

[11:55] {Threei}  take care ese

[11:57] {patience} and the feedback on umbrella trade, using options....the stock advanced faster

[11:58] {patience} anybody else trading or am i just being a motormouth again today?

[11:58] {patience} vad, they all have me on igore

[11:59] {patience} vad, vad?

[11:59] {lisa_jay} no Patience.

[11:59] {Threei}  lol

[11:59] {lisa_jay} Just wowed speechless

[11:59] {Threei}  welcome to my world patience

[11:59] {hawkfan4} lol, just hanging out waiting for obama to speak

[12:00] {wishbone} my highscool physics classroom clock had a sign above it "time will pass....will you?"

[12:00] {wishbone} tic...toc

[12:00] {Threei}  countdown to end of the world?

[12:00] {wishbone} whatever it is.....very slow

[12:00] {Threei}  I heard it's 2012

[12:00] {patience} writing that one down for my daughter wishbone

[12:01] {wishbone} must've read that sign a thousand times

[12:01] {patience} did you pass?

[12:02] {wishbone} teacher haad a voice like ben stein...and he was excited about physics!!!!

[12:02] {wishbone} fortunately yes patience

[12:04] {Threei}  PRESIDENT ELECT OBAMA FORMALLY ANNOUNCES HIS ECONOMIC TEAM

[12:04] {Threei}  - Tim Geithner formally nominated for Treasury Secretary.

[12:04] {Threei}  - Bill Richardson to be Commerce Secretary.

[12:04] {Threei}  - Larry Summers to be Director of National Economic Council.

[12:04] {Threei}  - Christina Romer to be head of Council of Economic Advisors.

[12:05] {dino} wasn't this already known?

[12:05] {Geo} stilll going thru the clinton baggage ic

[12:09] {patience} bkx likes it

[12:12] {dino} mcd stopped -.35

[12:13] {Geo} off to work.... 1X today... thanks vad....and see you all !!

06[12:13] * Geo geo taking umbrella to work

[12:13] {hawkfan4} cya geo

[12:14] {Threei}  take care geo

[12:15] {patience} starting to sell the news vad?

[12:15] {dino} gj geo

[12:15] {Threei}  action is so slow, can't tell

[12:21] {patience} longer he talks, air is coming out of the market's balloon slowly

[12:22] {Threei}  strange... this news should be killing CEDC, yet it goes up:

[12:22] {Threei}  http://www.telegraph.co.uk/news/worldnews/europe/russia/3513268/Russians-turn-away-from-vodka-in-hard-times.html

[12:24] {wishbone} isn't cedc mostly owned by BUsh's brother in law?

[12:25] {Threei}  (US) PRESIDENT ELECT OBAMA PLEDGES TO HONOR THE BUSH ADMINISTRATION COMMITMENTS MADE OVER THE COURSE OF THE ECONOMIC CRISIS

[12:25] {Threei}  - Reiterates call for Congress to pass an aggressive stimulus plan in January. Once again declines to offer any numbers for the stimulus plan. "We need a big stimulus package to jolt the economy back to health."

[12:25] {Threei}  - Confirms that he intends to eventually roll back Bush tax cuts, but leaves open question of whether they would be actively rolled back or simply not renewed.

[12:33] {Threei}  press conference is over

[12:34] {dino}  good, back to business

[12:40] {laserdave1} hawk dcc when u get a sec

[12:43] {Threei}  hawk, don't break traditions and ignore dave

[12:44] {Threei}  we don't want him to think anyonbe here really wants to talk to him

[12:45] {laserdave1} dawg dcc please

[12:45] {Threei}  dawg... same comment by me

[12:46] {laserdave1} laserdave1 dcc please

[12:46] {laserdave1} hey this guy answered right away

[12:46] {Threei}  sigh

[12:51] {dawg} i had to answer dave vad but he promised not to bother me again

[12:53] {Threei}  ok... you are playing nice

[12:54] {Threei}  (CA) CANADIAN FIN MIN FLAHERTY: PLEDGES TO CUT TAXES IN ORDER TO BOOST THE ECONOMY

[12:54] {Threei}  - The new reality in Canada is wild swings in markets and ever-gloomier forecasts.{USD/CAD EUR/CAD}

[12:54] {dawg} .)

[12:55] {Threei}  nice and I don't even exchange postcards, so you can see why I am reluctant... :)

[12:56] {Threei}  if market resumes upward crawl, I am interested in JNPR

[12:56] {Threei}  it consilidates under 16, huge resistance level

[13:01] {Threei}  broke

[13:01] {Threei}  if you go for it, keep .85 stop

[13:02] {Threei}  or .88 if you are very anal-retentive... bottomed out at .89 on last pullback

[13:21] {brian3579} is this a joke on cnbc

[13:21] {Threei}  what is it?

[13:21] {brian3579} the prince

[13:21] {Threei}  PRINCE ALWALEED: REITERATES HIS SUPPORT FOR CEO PANDIT, CANNOT BE JUDGED AFTER SUCH A SHORT TENURE; COMMENDS THE US GOVERNMENT FOR ITS MOVE TO BAIL OUT CITI - CNBC INTERVIEW

[13:21] {Threei}  - says he believes Citi is overcapitalized at this point, but that is fine in the current environoment.

[13:22] {Threei}  prince says C has too much money, but that's OK, he can handle it

[13:22] {Threei}  JNPR 1:1 for .88 stop

[13:24] {wishbone} jnpr +11 ty31

[13:24] {wishbone} ty3i

[13:24] {Threei}  welcome sir

[13:25] {wishbone} sir......that's my dad

[13:25] {Threei}  any male above 13 is sir, and any female above 11 is ma'am for me

[13:25] {wishbone} oh...lol

[13:25] {Threei}  ('cause I am THAT polite)

[13:26] {wishbone} Mr. Polite

[13:26] {Threei}  my middle name

[13:26] {Threei}  just ask chaeron

[13:26] {wishbone} chaeron is Vad polite?

[13:26] {Threei}  {Chaeron} Yup. Right. Exactly

[13:28] {Threei}  Chaeron, take your sleepy face out of potatoe salad and confirm that I am polite unless you want to be trouted relentlessly

[13:28] {hawkfan4} lol

[13:29] {Threei}  JNPR 1:1 for .85 stop

[13:31] {Chaeron} zzzzzzzzzzzzz.. snort... huh? wha? yeah yeah... Vad polite... yeah.. zzzzz

[13:31] {Threei}  there

[13:32] {Threei}  btw, let me politely point out that in your sleep you missed JNPR trade

[13:33] {Threei}  also, my politeness progresses with time

[13:33] {Threei}  I used to have a script that automatically answred lasredave dcc with "go away" message

[13:33] {Threei}  now it's "Allow me politely ask you to go away"

[13:47] {Chaeron} Dave, would you kindly DCC please? (Since Vad is giving lessons on politeness...)

06[13:48] * Chaeron slaps laserdave1 around a bit with a large trout

[13:48] {Chaeron} told you politeness doesn't work with some ppl

[13:49] {Threei}  I know

06[13:49] * Geo slaps Threei around a bit with a large trout

[13:49] {Geo} thats for making me miss jnpr

[13:49] {Threei}  making?

[13:49] {Geo} yes

[13:49] {Threei}  you left on your own will

[13:49] {Geo} you could have willed the setup to happen while i was around

[13:50] {Geo} (high expectations)

[13:50] {Threei}  paraphrasing Stephen King,

[13:50] {Threei}  There will be profit if market wills it

[13:50] {Geo} sage advice indeed

[13:52] {dino} give me what i want

[13:52] {Threei}  and I'll go away? :)

[13:52] {Geo} :)

[13:53] {Chaeron} }}}  Russians turn away from vodka in hard times (Telegragh.co.uk) The global financial crisis is succeeding where many a Kremlin campaign has failed by forcing Russians to turn away from the vodka bottle. 

[13:54] {dino} lol

[13:58] {Threei}  feels like market gathering forces and probing ground for another powerful rally

[13:58] {patience} yup

[13:58] {Threei}  one more pullback is likely before main push comes

[13:58] {Threei}  QQQQ around .75 - .80 should be it

[14:01] {Threei}  HEARING DRYBULK SHIPPERS DEFENDED AT JEFFERIES (TIMING UNCERTAIN)

[14:01] {Threei}  {DRYS EXM DSX EGLE GNK OCNF FREE}

[14:01] {Threei}  DRYS quite a move

[14:08] {Chaeron} Q's

[14:11] {Threei}  took .74

[14:12] {dino} mcd sm l .50

[14:17] {laserdave1} chaeron dcc

[14:18] {Threei}  PIMCO'S BILL GROSS: HAS NEW CONFIDENCE THAT REMAINDER OF TARP MONEY WILL BE DISTRIBUTED MORE WISELY WITH CLEAR DISTINCTIONS

[14:18] {Threei}  meaning, first part was distributed unwisely and without clear instructions, right?

[14:20] {Threei}  OK market... you did enough of see-sawing and made everyone seasick

[14:20] {Threei}  now it's time to spike like there is no tomorrow

[14:20] {patience} funny how you can be totally in the zone trading and drop out of like a stone

[14:20] {dino} but there is

[14:21] {Threei}  hey

[14:21] {Threei}  it obeys

[14:21] {Threei}  I need to try it again

[14:21] {Threei}  ok market now just move up and don't look back anymore

[14:21] {Threei}  half out Qs

[14:21] {Threei}  .91

[14:21] {Threei}  +.15

06[14:22] * Threei slaps Chaeron around a bit with a large trout

[14:22] {Threei}  anyone took it?

[14:23] {lisa_jay} Sorry Vad, was busy with sick kids today.  Nice trade though.

[14:24] {Threei}  sorry to hear Lisa

[14:24] {hawkfan4} yessir, very nice

[14:24] {Threei}  didn't emntion UAUA entry .65

[14:24] {Threei}  grrr

[14:24] {Threei}  I thought I did

[14:31] {jmb} Vad - Thanks JNPR

[14:31] {Threei}  welcome jmb :)

[14:31] {Threei}  out 1/4 more Qs

[14:31] {Threei}  28.03

[14:31] {patience} thanks for the power up heads up...nibbled into goldcorp april options again

[14:32] {Chaeron} 28.01 out in full for +0.18

[14:32] {Chaeron} Thanks vad

06[14:32] * Chaeron slaps Threei around a bit with a large trout

[14:32] {Threei}  :)

[14:32] {Threei}  that's the language I understand

[14:33] {Threei}  stop is .85 for the last portion

[14:33] {Threei}  letting it trade

06[14:34] * Chaeron slaps laserdave1 around a bit with a large trout

[14:45] {Threei}  we had what, just one little stop in the morning?

[14:45] {Threei}  good to be positioned on the right side

[14:45] {patience} what is volume like today vad, please

[14:45] {Threei}  a little lower than Friday so far

[14:46] {patience} ty

[15:01] {Chaeron} Geo... DCC please?

[15:02] {Threei}  a lot of non-computable (for me) things in the following release by HRLY (Harley-Davidson)

[15:02] {Threei}  RECEIVES $4.5M CONTRACT FOR MICROWAVE ASSEMBLIES FOR F-16 UPGRADES

[15:02] {Threei}  - Herley New England in Woburn, MA, has been awarded the first production contract to provide custom designed complex microwave assemblies developed for ongoing F-16 upgrades.

[15:02] {Threei}  isn't it odd? :)

[15:02] {patience} talk about diversifying your company products

[15:03] {Threei}  no kidding

[15:03] {cosmo} its road warrior tech...

[15:04] {hawkfan4} and imagine how hard it must be to make microwave popcorn while you're flying one of those things

[15:04] {patience} lol

[15:07] {lisa_jay} Vad u still in last Q's portion?

[15:07] {Threei}  yeah

[15:07] {lisa_jay} nice

[15:07] {Threei}  about to sell

[15:07] {Threei}  want one last spike

[15:08] {lisa_jay} took all afternoon to break out of the asc. tri

[15:10] {Threei}  out

[15:10] {Threei}  28.24

[15:10] {Threei}  +.60

[15:11] {Threei}  ot .50

[15:11] {wishbone} nice

[15:11] {Threei}  0r

[15:11] {Threei}  or

[15:11] {Threei}  there

[15:11] {Threei}  see... I can type

[15:11] {KSystems} neat

[15:11] {Threei}  ah who am I kidding... I can't

[15:15] {patience} relief not to have the wild swings and more normal trading day

[15:16] {lisa_jay} yes

[15:16] {Threei}  this is great action

[15:16] {Threei}  nice slow climb

[15:16] {patience} vad, you think accummulation starting again?

[15:16] {Threei}  part of it takes place today, sure

[15:17] {Threei}  it's not being done in one chunk

[15:17] {Threei}  some nibbling here, some there

[15:17] {Threei}  waiting outthe storm, adding

[15:17] {patience} did some canadian bank, coal, energy buys for mom's account, putting some cash back to work

[15:26] {dino} sm l afam .00

[15:34] {dino} out mcd .60 +.10 thing won't  move today

[15:35] {patience} profit is a profit   :)

[15:35] {dino} sure now itgoes

[15:40] {Threei}  OK, this I have to post

[15:40] {Threei}  just don't talk to me 5 minutes after that, this is how long I'll need to roll on floor laughing

[15:40] {Threei}  GS

[15:40] {Threei}  PRIVATE WEALTH CHIEF MAY REPORTEDLY RETIRE AT YEAR END FOR OTHER OPPORTUNITIES

[15:42] {Threei}  wow JNPR

[15:42] {dino} dji +15% in two days, sell the rip time

[15:42] {Threei}  as far as I know hawk... he still hasn't sold any

[15:42] {Threei}  +510 dino...

[15:42] {hawkfan4} lol, didn't take that one :(

[15:43] {Threei}  ugh

[15:43] {dino} yes, too much too soon imo

[15:50] {dino} sm s mcd .90

[15:52] {Threei}  good call on drop dino

[15:52] {dino} cov mcd .35, +.55

[15:52] {dino} ty

[15:53] {dino} way soooooooon

[15:53] {Threei}  200 points drop

[15:53] {dptl} have a good evening all

[15:53] {Threei}  in 10 min

[15:53] {Threei}  take care dp

[15:53] {dino} cya dp

[15:54] {hawkfan4} c u dp

[15:59] {Threei}  Ok guys, very good day

[15:59] {dino} out afam .99, -.01

[15:59] {Threei}  thank you all

[15:59] {Threei}  have a great evening

[15:59] {Threei}  see you tomorrow

[15:59] {patience} excellent day, ty vad

[15:59] {hawkfan4} thx vad, great calls 

[15:59] {hawkfan4} u 2 dino

[15:59] {lisa_jay} thanks Vad

[16:00] {Chaeron} thanks again Vad

[16:00] {Chaeron} bye guysw

[16:00] {hawkfan4} nite all