DRYS made sure we had fantastic day. Very grateful to it for a lot of bills it paid in a single day. Identified early as a runner, and called for $10 target as it consolidated around $8.50. It overshot a bit but so be it - we scalped some on top of that move after it retreated. 

Session Time: Tue Dec 09 00:00:00 2008

[08:03] {Threei}  (US) HOUSE SPEAKER NANCY PELOSI SUGGESTS PAUL VOLCKER AS "CAR CZAR" - NBC INTERVIEW

[08:03] {Threei}  - No further details at this time{GM F}

[08:04] {Threei}  if we thought GM was run badly before, wait till goverment runs it

[08:09] {Threei}  DRYS tests yeaterday high

[08:22] {Threei}  so far looks salmonish

[08:24] {Threei}  BALTIC DRY BULK INDEX + 1.2%, 2ND STRAIGHT INCREASE

[08:49] {Threei}  (US) SENATOR ENSIGN: MAY PARTICIPATE IN SENATE FILLIBUSTER OF AUTO BAILOUT -CNBC

[08:49] {Threei}  {F GM}

[08:51] {ese} good morning team....

[08:51] {Threei}  ese :)

[08:51] {cosmo} how about we get Cal Worthington for 'car czar'?

[08:51] {Threei}  how about we don't have one

[08:52] {ese} managed to catch a nice little rn up in DRYS before i had to go yesterday....

[08:52] {Threei}  yes ese

[08:52] {Threei}  we congratulated you

[08:52] {Threei}  but we are too slow

[08:52] {Threei}  it occured way after you left :)

[08:52] {ese} belated thanks......i know you have my best interests at heart

[08:53] {Threei}  here, that'll make you laugh

[08:53] {Threei}  10 minutes after you left:

[08:53] {Threei}  [12:35] {dino} gj es

[08:53] {Threei}  [12:36] {Threei} {ese} you guys are really slow... I left quite a while ago and can't hear you, nor do I care to

[08:53] {Threei}  [12:38] {dino} lol

[08:54] {Threei}  sorry, I took liberty to answer for you

[08:54] {ese} too funny......

[08:55] {Threei}  at first I hesitated, thought maybe you were too polite for such answer

[08:55] {Threei}  then decided what the heck, worst case scenario you'll politely slap me with frozen tree from Saskatchewan

[08:55] {ese} nawww....i'm with a bounch of guys and gals who slap themsevles around with fish.....

[08:58] {dino} gm all

[08:58] {ese} qqqq's short perhaps today

[08:58] {patience} good morning RT, it's going to be your type of day dino

[08:58] {ese} dino

[08:59] {dino} i hope so patience, yesterday was a bust for me

[09:00] {KSystems} Good morning!

[09:00] {patience} helene says its pullback time before santa claus rally

[09:00] {Threei}  dino, patience, ks :)

[09:00] {wishbone} gm all

[09:00] {Threei}  wishbone :)

[09:00] {dino} i will go read it

[09:01] {KSystems} I found something cool for warming up...

[09:01] {KSystems} http://www.youtube.com/watch?v=VczbbiRmDik

[09:02] {patience} ty KS, made me laugh

[09:02] {KSystems} done already???

[09:02] {patience} i got the idea, it's still playing

[09:04] {KSystems} oh ok :)

[09:06] {ese} TBSI news..?

[09:06] {Geo} gm all

[09:06] {ese} geo

[09:06] {Threei}  not since 11/06

[09:06] {Threei}  geo :)

[09:07] {cosmo} EGLE too

[09:07] {dino} baltic index up again, tbsi

[09:08] {Threei}  [08:24] {Threei} BALTIC DRY BULK INDEX + 1.2%, 2ND STRAIGHT INCREASE

[09:08] {Threei}  [08:49] {Threei} (US) SENATOR ENSIGN: MAY PARTICIPATE IN SENATE FILLIB

[09:08] {Threei}  ignore second line

[09:11] {Onix} Good morning all

[09:11] {Threei}  onix :)

[09:11] {ese} onix

[09:13] {dptl} good morning all

[09:13] {Threei}  dp :)

[09:13] {ese} morning dp

[09:14] {dptl} :)

[09:14] {Threei}  be back in 5

[09:16] {magoo} oh sure, leave when i log in lol

[09:17] {Onix} hi dp

[09:17] {dptl} :)morning

[09:17] {tomg} good morning all

[09:18] {Threei}  mags, tom :)

[09:19] {hawkfan4} gm all

[09:19] {Onix} hi magoo & tom

[09:19] {peterg} gm all

[09:19] {tomg} hi Onix

[09:20] {Onix} hi peter

[09:20] {magoo} :)

[09:20] {peterg} Onyx!

[09:20] {Threei}  peter :)

[09:20] {magoo} up 9 of last 11 days...so we need to be careful

[09:20] {peterg} 3i!

[09:21] {Threei}  aren't we always

[09:21] {magoo} but, most expect pullbk, so mkt may go 700 points

[09:21] {Threei}  and if that happens DRYS is my first candidate for a runner

[09:21] {magoo} we ever play that lol

[09:22] {Threei}  nah, never heard of it before this morning

[09:22] {Threei}  and... you have no idea how funny its name sounds for russian ear

[09:23] {cosmo} sound like some brokerage company, right?

[09:26] {Threei}  dp... what does it sound like to you? :)

[09:26] {dptl} what drys?

[09:27] {Threei}  yeah

[09:27] {Threei}  8.20 pre-market resistance

[09:27] {dptl} hmmm

[09:28] {dptl} always wanted to call it GRUZ.

[09:28] {magoo} u looking for bounce or breakout?

[09:29] {magoo} watchinhg  HIG

[09:29] {Threei}  ok, I'll leave it alone... some already had thewir breakfast

[09:29] {Threei}  whatever shapes up mags, can't tell yet

[09:29] {Threei}  a week ago it was clear pullback stock

[09:29] {Threei}  but yesterday it acted right on breaks too

[09:31] {Threei} Long Setup:  DRYS  half lot 8 break if holding above 7.80

[09:31] {magoo} missed

[09:31] {Threei}  anyone got it?

[09:32] {patience} it runs quickly

[09:32] {Geo} 8:05

[09:32] {peterg} limit order stopped  me

[09:32] {peterg} not my fault of course, abut machine

[09:32] {Threei}  stopped?

[09:32] {peterg} preventeed

[09:32] {peterg} limit limited

[09:32] {Threei}  oh

[09:32] {dino} gap 8635

[09:32] {peterg} now look at it

[09:32] {Geo} out half and 1/4

[09:32] {Threei}  take profit here Geo

[09:33] {Geo} 100 left

[09:33] {Threei}  wait for pullback for reentry

[09:33] {tomg} ty vad

[09:33] {Threei}  tom :)

[09:33] {dino} gj

[09:34] {Geo} in .05 half out .20  1/4 ot .30 1/4 out .40

[09:34] {Geo} TY vad

[09:34] {Threei}  welcome

[09:34] {Geo} wow

[09:34] {Geo} you still in?

[09:34] {Threei}  no

[09:35] {Threei}  let it breathe, it pulls back hard

[09:36] {dino} sm s afam, wide risky, thin

[09:36] {Threei}  BRCM, watch for pullback into 15.60 for entry

[09:36] {dino} at .35

[09:37] {Threei}  yeah right says BRCM

[09:38] {Threei}  DRYS, most likely 8.30-8.40 level

[09:39] {Threei}  in half lot

[09:39] {Threei}  stop under .30

[09:40] {magoo} in .50

[09:40] {Threei}  a bit high, but works

[09:40] {Threei}  half out here

[09:40] {magoo} axctually .48

[09:40] {Threei}  yeah, that makes a lot of difference

[09:41] {tomg} in .40 out .60 ty vad

[09:41] {Threei}  beauty tom

[09:41] {Threei}  perfect reflexes

[09:41] {tomg} ty

[09:41] {Threei}  practice pays off eh?

[09:41] {tomg} :)

[09:42] {Threei}  BRCM doesn't want to pull back under 16

[09:43] {dino} afam stopped -.55

[09:43] {Threei}  market new strength... 16.20 break if holding here, but let's do half lot

[09:44] {Geo} stop under 10?

[09:44] {Threei}  for hardcore scalpers yes

[09:44] {Threei}  otherwise under 16

[09:45] {Threei}  pesky scalpers have 1:1

[09:45] {Threei}  so do sane traders now

[09:45] {tomg} 1:1 ty vad

[09:46] {Threei}  welcome

[09:46] {Threei}  mags, you pared DRYS?

[09:48] {magoo} missed exit boss

[09:48] {Threei}  if loses .40, pullback will be heavy

[09:48] {Threei}  awww

[09:48] {Chaeron} good morning all

[09:48] {Threei}  chaeron :)

[09:48] {Chaeron} missed a couple nice ones already, huh?

[09:48] {Threei}  yeah

[09:49] {Chaeron} shorting DRYS if loses .40?

[09:49] {Threei}  not me

[09:49] {Chaeron} [06:48] {Threei}  if loses .40, pullback will be heavy

[09:49] {Threei}  this is uptrending stock

[09:49] {Threei}  hot too

[09:49] {Threei}  I don't trade against the trend on those

[09:50] {Chaeron} yeah... was thinking scalp, but thanks for saving me from myself

[09:50] {Threei}  pullback is another entry on a long side for me

[09:50] {tomg} aapl

[09:50] {magoo} has 9 writen all over it

[09:50] {Threei}  9?

[09:50] {Threei}  I disagree

[09:50] {Threei}  10

[09:50] {Threei}  but you have to have nerves of steel to get that

[09:51] {Threei}  DRYS is nothing if not a widowmaker

[09:51] {Chaeron} hi mags

[09:51] {Threei}  ok mags

[09:51] {Threei}  sell half

[09:51] {Threei}  pleeease

[09:51] {magoo} nope

[09:51] {Threei}  sigh

[09:52] {Threei}  what did my life come to... begging people to make money

[09:52] {Geo} youre begging him to be less greedy

[09:52] {Geo} and that isnt right

[09:52] {Threei}  lol

[09:53] {Threei}  we are not in full blown bull market yet

[09:53] {Geo} :)

[09:53] {Threei}  gotta protect profits

[09:53] {Geo} i gone into that mode

[09:53] {Geo} up enuff

[09:53] {Geo} (enuff for me)

[09:53] {Threei}  salmon

[09:53] {Threei}  look at it

[09:54] {Threei}  9 break is coming

[09:54] {cosmo} wants 10

[09:54] {Threei}  yup

[09:54] {Threei}  1/4 more out

[09:54] {Chaeron} I want a pullback

[09:54] {Threei}  .90

[09:54] {Threei}  +.50

[09:54] {magoo} ok half here

[09:55] {Chaeron} nice guys

[09:55] {Threei}  thank you so very much

[09:55] {Geo} nice morning vad

[09:55] {Threei}  you should see me when I get enough sleep

[09:55] {Threei}  oh, you didn't mean my looks

06[09:55] * Geo doesnt want to see vad

[09:55] {Threei}  you are not alone...

[09:55] {Geo} hehe

[09:56] {Threei}  vad doesn't want to see vad

[09:56] {Geo} i can imagine

06[09:56] * magoo slaps Geo around a bit with a large naked statue of lord vader

[09:56] {Geo} making money hand over fist with eyes tightly shut

[09:56] {Geo} ewwwwwwwwwww

[09:56] {Threei}  although I will be forever grateful to onix who looked at my photo and call me "distinguished"

[09:56] {Geo} so magoo

[09:56] {Geo} where did ya get that statute eh?

[09:57] {lisa_jay} I think you are HOT Vad. :-)

[09:57] {Threei}  I don't want to hear answer

[09:57] {Geo} drys consolidating

[09:57] {dino} sm s sso .40

[09:57] {Threei}  that's disturbing image

[09:57] {Threei}  ah thank you lisa

[09:57] {Threei}  that outs your taste into question... but thank you anyway :)

[09:57] {Chaeron} lol

[09:57] {Geo} looks like someone made money today

[09:58] {lisa_jay} Nope...just got back from kids daycare.

[09:58] {Chaeron} even funnier Geo

[09:58] {lisa_jay} Wanted to pump up Vad to make another great call.

[09:58] {Geo} hey chaer... hows the beach cities doing?

[09:58] {Chaeron} great thanks... hope everyone is doing well and healthy here

[09:59] {Threei}  keeping eye on MRVL

[09:59] {Threei}  daily shows nice breakout level 6.20

[09:59] {Threei}  let's see if it consolidates close enough for a tight stop

[10:00] {Threei}  and breaks with market strength resumption

[10:00] {Chaeron} call it please

[10:00] {Threei}  *OCT PENDING HOME SALES: -0.7% V -3.0%E

[10:00] {Threei}  wow

[10:00] {dino} sm l skf .75 risky

[10:00] {Threei}  housing is bottoming out or what?

[10:00] {Threei}  call what?

[10:00] {Threei} Long Setup:  MRVL  6.20 break if stays above 6.10

[10:00] {Threei}  this?

[10:01] {Geo} full?

[10:01] {Chaeron} I'll take it :)

[10:01] {Threei}  sure

[10:01] {Chaeron} was hoping DRYS

[10:01] {Threei}  liquid enough

[10:01] {Threei}  oh

[10:01] {Threei}  well, DRYS is obvious

[10:01] {Threei}  just risky

[10:01] {Threei}  9 break

[10:01] {Threei}  as it stands now, the closest serious support is 8.65

[10:02] {Threei}  a bit too far

[10:02] {dino} stopped skf

[10:02] {Threei}  so size it accordingly

[10:02] {Geo} SKF dino???

[10:02] {Geo} didnt know you played that

[10:02] {magoo} i hit drys agg .91

[10:03] {Threei}  WOW!!!

[10:03] {Threei}  ILLINOIS GOV ARRESTED BY FEDERAL OFFICERS; ACCUSED OF ATTEMPTING TO SELL THE APPOINTMENT TO FILL OBAMA'S SENATE SEAT

[10:03] {Geo} wow

[10:03] {Chaeron} MRVL. what the?

[10:04] {Threei}  shakeout

[10:04] {Threei}  use this bounce to get rid of it

[10:05] {Threei}  didn't expect teleportation of MRVL

[10:05] {Threei}  not very typical for this one

[10:05] {Geo} wierd

[10:05] {Chaeron} shook me for .06

[10:05] {magoo} i took 11

[10:06] {magoo} tryinmg to control that ansd aapl at once is difficult

[10:06] {Threei}  I'll say

[10:06] {magoo} in the same mkt push i hiyt aapl with it at .80

[10:07] {magoo} exit .54

[10:07] {Threei}  DRYS at 10:06 AM 12/9/2008: Currently at 1 x average daily volume.

[10:07] {Threei}  ain't it nice when we identify the hot item for the day so early

[10:08] {magoo} weird mkt here..down 125 but feels like rally

[10:08] {Threei}  I just thought that

[10:09] {Threei}  well, NQ's green

[10:09] {magoo} yes vad..just like when u identified HIG...NICE BOSS 

[10:09] {Threei}  ok, half out DRYS

[10:09] {Threei}  .28

[10:09] {tomg} still got some drys vad

[10:09] {Threei}  from 9 break tom?

[10:09] {Threei}  or from earlier?

[10:09] {tomg} y

[10:09] {Threei}  ok

[10:09] {Threei}  let's manage it

[10:09] {Threei}  half out here, and leave it alone

[10:09] {tomg} k

[10:09] {Threei}  stop under 9

[10:10] {Threei}  let it trade

[10:10] {Threei}  look to dump 1/4 more above 9.50

[10:10] {tomg} only 100

[10:10] {Threei}  ah

[10:10] {Threei}  then decide how important this profit is for you

[10:11] {magoo} where should i reenter}?

[10:11] {magoo} dont wanna miss the party

[10:11] {tomg} will keep stop at 9

[10:11] {Threei}  if it is, look to exit on the next spike... if not very much, keep stop under 9 and put it for sale at 9.95

[10:12] {magoo} u ignoring me lol

[10:12] {Threei}  then close your eyes and pray

[10:12] {tomg} :)

[10:12] {Threei}  of course I am mags...

[10:12] {Threei}  well

[10:12] {magoo} that does it....................

[10:12] {Threei}  9.30 break is next obvious trigger

[10:12] {Geo} return his statute magoo

[10:12] {Threei}  but you know how risk increases with each next break

[10:12] {magoo} rather catch pullbk

[10:13] {Threei}  if it stages serious pullback, it will a matter of separate read, can't get a feel of it now

[10:13] {Threei}  sometimes it's more or less readeable so I can say look for pullback to this or that level

[10:13] {Geo} mrvl sheesh

[10:13] {Threei}  not so much now

[10:18] {tomg} out .23

[10:18] {_elepet} i got in mrvl @ 6.14. let it run? or out?

[10:18] {ese} see you all tomorow....early day today.

[10:18] {tomg} take care ese

[10:18] {ese} see ya tom

[10:18] {Chaeron} bye ese

[10:18] {magoo} ESSSSSSSSS wait

[10:18] {ese} CHHH

[10:18] {Chaeron} :)

[10:18] {Threei}  I would take profit elepet, I don't like how it jumps suddenly against long position

[10:19] {Threei}  take care ese

[10:20] {Threei}  RIMM

[10:20] {_elepet} out at 6.33

[10:20] {Threei}  wtg

[10:20] {Threei}  small shares long on pullback idea on RIMM

[10:21] {Threei}  .20 seems to be it but make sure market resumes

[10:22] {Threei}  if goes up from here, will let it go

[10:22] {magoo} aapl dishes out huge slice of scalpers regrett

[10:22] {Threei}  FED'S BERNAKE:RRELUCTANT TO AID AUTOMAKERS WITHOUT CONGRESSIONAL ACTION - LETTER TO SEN DODD

[10:22] {Threei}  no slightest reluctance about showering bancks with trillions

[10:22] {Threei}  but so reluctant about 15B for big 3

[10:23] {Threei}  DRYS is geting ready it seems

[10:24] {Geo} i took rinn 38

[10:24] {Threei}  wtg

[10:24] {Geo} NQ was rising

[10:24] {Threei}  I missed it

[10:24] {Geo} i figured now or never

[10:25] {Geo} cut most of it... in 200 only now

[10:25] {Geo} trgaet below day high

[10:26] {Geo} out

[10:26] {Threei}  I am very tempted to ask what trgaet is but sense the slap coming

[10:26] {Geo} sheesh\

[10:26] {Threei}  congratulations anyway

[10:26] {Threei}  nice trade

[10:27] {Geo} ty... got agressive based on NQ behaviour

[10:29] {patience} out G (goldcorp ) + $1.25

[10:29] {Geo} nice 

[10:29] {Threei}  you trading it on canadian side?

[10:29] {patience} y

[10:29] {Threei}  k... US symbol is GG, so I figured it out :)

[10:31] {Threei}  okay DRYS

[10:31] {Threei}  go already

[10:32] {Threei}  offering 1/4 at .55

[10:34] {magoo} waiting .63

[10:34] {Geo} EGLE

[10:34] {Geo} shallow pullbacks

[10:34] {magoo} will cut it quick tho

[10:34] {Threei}  out 1/4 +.54

[10:34] {tomg} in .30 out .54

[10:35] {Threei}  offering last portion at 9.95

[10:35] {Threei}  stop under 9

[10:37] {magoo} partialed .63

[10:37] {patience} out HGU (Gold etf) +.53   2k

[10:37] {Threei}  wow

[10:37] {Threei}  nice

[10:37] {patience} i'm cashing out some stuff

[10:37] {dino} gj

[10:38] {patience} how you doing dino

[10:38] {magoo} i guerss u are lol

[10:38] {magoo} out remaing .73

[10:38] {magoo} TY vad

[10:38] {Threei}  welcome sir

[10:38] {Threei}  I am firm in my determination to get 9.95

[10:38] {Geo} missed drys for some reason

[10:39] {Geo} ahh was nursing mrvl

[10:39] {dino} sitting it out, cannot grasp this action

[10:39] {dino} thionking of some short swings

[10:39] {patience} me neither, which is why i'm raising cash

[10:39] {Geo} hehehe

[10:39] {Geo} nice way to raise cash

[10:40] {patience} got bills to pay geo   :)

[10:40] {dino} not making sense to me

[10:40] {Geo} tell me about it

[10:40] {Geo} wife bought a bed room set

[10:40] {hawkfan4} with u on that dino

[10:40] {Geo} i day trade early morning.... office day and assemble furniture at night

[10:40] {Geo} lol

[10:40] {dino} lol

[10:41] {tomg} aapl off 102 magoo?

[10:41] {Threei}  I wanted to ask whether you get paid for furniture assembling... then decided aganst it lest I invite undesired and x-rated responses

[10:41] {Geo} funny you ask

[10:41] {Threei}  I don't

[10:41] {Geo} i made her test the assmbled bed

[10:42] {Threei}  there

[10:42] {Geo} what?

[10:42] {Threei}  and I haven't even asked

[10:42] {Geo} you thinking diffrent from me?

[10:42] {Geo} :)

[10:42] {peterg} ok ok thought police are pulling up

[10:42] {Threei}  lol

[10:42] {Geo} what doe you think of MEOH vad?

[10:42] {Geo} and EGLE

[10:42] {Threei}  I? think?

[10:42] {Threei}  you flatter me

[10:42] {magoo} [10:22] {magoo} aapl dishes out huge slice of scalpers regrett

[10:43] {Geo} i changed subject due to thought police

[10:43] {Threei}  EGLE is DRYS sympathy

[10:43] {peterg} magoo speaks from the future

[10:43] {Geo} ok

[10:44] {magoo} tom no.....to risky aapl

[10:44] {magoo} could crash

[10:44] {Threei}  SENATE MAJORITY LEADER REID (D): CONGRESS MAY WORK OUT THE LAST DETAILS OF AUTO BILL WITHIN HOURS

[10:44] {Threei}  - Senate Minority Leader McConnell (R) comments that the bill is 'deeply flawed'{GM F}

[10:45] {peterg} what bill/policy isn't?

[10:45] {Threei}  lol, no kidding

[10:45] {peterg} problem with thinking; it is always wrong

[10:45] {peterg} partial, incomplete

[10:45] {Threei}  as if their other economic policies and decisions were sooo perfect

[10:45] {peterg} right

[10:45] {Threei}  also, one thing I don't get

[10:46] {Threei}  what kind of delusions is that to seel big 3 viability within a few months?

[10:46] {peterg} psychotic?

[10:46] {Threei}  they are not viable unless consumers market reverses, period

[10:46] {Threei}  any loan, bailout etc made now will not change that

[10:47] {Threei}  they WILL be back for more money unless buyers start buying

[10:47] {peterg} keep jobs for now plan

[10:48] {Threei}  come my .95

[10:48] {Threei}  just one more push

[10:48] {Threei}  yesssss

[10:48] {Threei}  out +.94 last poretion

[10:49] {peterg} very nice master vad

[10:49] {Threei}  thank you kind sir

[10:49] {magoo} nice

[10:49] {Geo} i think poretion is from the same school as tearget

[10:49] {Threei}  ok lisa... did I deliver, for all those troubles you went into, to flatter things impossible to flatter with straight face?? :)

[10:49] {Chaeron} thanks vad... took +$0.71 on DRYS

[10:50] {Threei}  wtg chaeron

06[10:50] * magoo slaps Chaeron around a bit with a large roll of cash

[10:50] {Threei}  and you do remember my alert a few weeks ago that we are slowly coming into period of longer holds

[10:50] {Chaeron} thanks mags, 3i

[10:50] {patience} out Barrick april options +.50

[10:50] {magoo} dont jinx it boss lol

[10:50] {patience} want to move to farther dated options for gold stocks

[10:51] {Threei}  [09:50] {magoo} has 9 writen all over it

[10:51] {Threei}  [09:50] {Threei} 9?

[10:51] {Threei}  [09:50] {Threei} I disagree

[10:51] {Threei}  [09:50] {Threei} 10

[10:51] {patience} and just to keep me humble, i am still holding my silver wheaten dec options wihch are worth 1 cent

[10:52] {tomg} you out drys vad?

[10:52] {tomg} you out drys vad?

[10:52] {Threei}  10:48] {Threei} yesssss

[10:52] {Threei}  [10:48] {Threei} out +.94 last poretion

[10:52] {tomg} scroll bar was up, sorry.........wtg

[10:52] {magoo} tom..it needs to breathe./.careful drys

[10:52] {tomg} ty magoo, 

[10:53] {magoo} couyld easily visit 9.50

[10:54] {Threei}  ok, this is something between sad and pathetic:

[10:54] {tomg} missed last 8 minutes because of scroll bar

[10:54] {Threei}  T BOONE PICKENS: EXPECTS OPEC WILL BRING OIL PRICE BACK TO $100/BBNL, EXPECTS CUT OF 2-2.5M BPD IN MEETING NEXT WEEK

[10:55] {magoo} sounds like magoo hoping in a bad trade lol

[10:55] {Threei}  this is exactly what it is

[10:55] {Geo} lol

[10:55] {magoo} uh..aapl will hit 140 soon...jobs feeling real healthy

[10:55] {Threei}  hate to see great man diminishing to this

[10:56] {magoo} hes being gutted

[10:56] {Threei}  DRYS probably goes higher but I am not taking it anymore here

[10:56] {magoo} now question is....11 next? its trading like HIG the other day

[10:57] {Threei}  as far as I am concerned, readeable part of the move is over, what happens from here and higher is insanity

[10:57] {magoo} drys today and HIG the other day remind me of years gone by when triggers propelled stox up eh vad

[10:57] {Threei}  not that insanity is untradeable...

[10:57] {Threei}  yup

[10:58] {Threei}  that was what I meant with that alert

[10:58] {Threei}  about big moves coming our way and scalping being partially replaced with, umm, daytrading version of buy and hold

[10:59] {Chaeron} wow I feel like I scalped dRYS.. heh

[10:59] {Threei}  lol

[10:59] {patience} which is my style vad

[10:59] {Threei}  this part of the move over 10 is unhinged

[10:59] {Threei}  don't care for it

[11:00] {Threei}  it eeds to pull back to become a stock totrade again

[11:00] {magoo} vad..how we p[ull up my comment about rally?

[11:00] {Threei}  or stall for a while, digest resiastance, consolidate

[11:00] {Threei}  made when mags?

[11:00] {magoo} today

[11:00] {Threei}  if today, just scroll up to find it

[11:01] {magoo} i thought we could f4 it or something

[11:01] {Threei}  ah

[11:01] {Threei}  ctrl - F

[11:01] {hawkfan4} [08:21] {magoo} but, most expect pullbk, so mkt may go 700 points

[11:01] {Chaeron} sheesh

[11:02] {magoo} [10:08] {magoo} weird mkt here..down 125 but feels like rally

[11:03] {wishbone} how do you cut and paste in mIRC ? anyone

[11:04] {Chaeron} wishbone... just scroll over stuff you want, then it CTL+V

[11:04] {wishbone} ty chaeron

[11:05] {Threei}  how about that, DRYS

[11:05] {peterg} bubble burst

[11:05] {Threei}  this is what happens when run overextends itself

[11:07] {magoo} i wouldnt call it bubble burst just yet...id say "heavy breather"

[11:07] {magoo} it loses 9 bubble burst

[11:08] {peterg} ok

[11:16] {magoo} massive room dump

[11:16] {Geo} back

[11:16] {patience} yup

[11:16] {magoo} u cause it patience lol

[11:16] {patience} yup, thought dino needed a break, market will go down now

[11:16] {peterg} back

[11:16] {dino}  put a little on patience

[11:16] {patience} hmm?

[11:16] {dino} shorts

[11:16] {patience} i don't do well shorting

[11:16] {patience} you consistantly can read it

[11:16] {dino} not posting, because i've been off last two days, don't want followers

[11:16] {dino} don't want to hurt

[11:16] {peterg} dino nice, not like mkt, which wants to hurt

[11:16] {dino} just ""noedge""

[11:16] {peterg} yes, but rbr day you returned from SC!

[11:16] {dino} yes, oct was good month

[11:16] {dino} nov dec. confusing

[11:17] {Threei}  server chocked

[11:17] {Threei}  hamsters need food

[11:23] {patience} glad i dumped stuff, heading out for a run

[11:24] {Onix} you run in the snow?

[11:24] {Threei}  lol

[11:24] {Threei}  what snow

[11:25] {Onix} i thought patience lives in Manitoba?

[11:26] {Threei}  she shivers whenjust hears that word

[11:27] {Onix} me too

[11:27] {dino} snowed last night here

[11:27] {Geo} thinking of driving palm springs for snow

[11:28] {dino} i'll mail you some, lol

[11:28] {Geo} hehehe

[11:28] {Geo} http://www.pstramway.com/

[11:28] {dino} in a bottle, you just have to re-freeze it

[11:28] {Geo} ahhh

[11:31] {magoo} [11:10] {magoo} it loses 9 bubble burst

[11:35] {Geo} .

[11:36] {tomg} ..

[11:36] {tomg} raise you one geo :)

[11:36] {Threei}  lol

[11:36] {Geo} :)

[11:39] {Geo} bonds spiked HARD

[11:41] {Geo} gave a 2 min warning on candles according to my chart

[11:42] {dino} grrr thought we'd lose it there

[11:46] {Geo} what do you think vad?

[11:46] {Geo} http://tinypic.com/view.php?pic=2u6n4fp&s=4

[11:47] {magoo} be back in a half

[11:50] {Threei}  yes

[11:51] {Geo} drys looking good again?

[11:51] {Threei}  no read here

[11:51] {Threei}  50/50

[11:51] {Geo} ok ty

[11:52] {Geo} oil spike

[11:52] {Geo} sorry... heheh gold

[12:13] {Threei}  yawn ©

[12:13] {peterg} is that a trade marked yawn?

[12:13] {Threei}  yes sir

[12:13] {Threei}  copyrighted

[12:14] {peterg} can I yawn anymore?

[12:14] {peterg} w/o crediting or paying you?

[12:14] {Threei}  you'd have to license it from me

[12:14] {peterg} man, you clever

[12:15] {_elepet} oh good..you haven't all died and gone to heaven.

[12:15] {peterg} soon, but not yet

[12:15] {Threei}  that's in our plans though

[12:15] {peterg} I thought traders went the other way

[12:16] {Threei}  btw, here is trademarked one: yawn®

[12:17] {peterg} I cant find copyright symbol on keyboard

[12:17] {Threei}  only bad traders peter... it's an unforgivable sin to lose money

[12:17] {peterg} lol

[12:17] {peterg} yes

[12:17] {Threei}  alt - 0169

[12:20] {Geo} we on break?

[12:20] {peterg} alt- brings up window, dont see copyright

[12:20] {Geo} ill run a quick errand

[12:21] {peterg} me too, but i want to copyright all the words in the language for licensing purposes

[12:21] {peterg} beat vad at his game

[12:21] {Geo} i thought canada paid UK licensing for using english

[12:21] {Threei}  not showing you how to do it then peter

[12:22] {peterg} canada pays queens rep 150 large to close parliament

[12:22] {peterg} ok ill leave somje words for you vad

[12:22] {wishbone} [09:22] {peterg} canada pays queens rep 150 large to close 

[12:22] {wishbone}   parliament

[12:22] {peterg} thks wishbn

[12:23] {peterg} please vad

[12:23] {wishbone} oops didn't mean to do that...playing w/ cut paste

[12:23] {peterg} sokd

[12:23] {peterg} okl

[12:23] {peterg} ok

[12:24] {Threei}  when mirc window is active, depress and hold alt,

[12:25] {Threei}  on numeric keypad hit consequently 0169,

[12:25] {Threei}  let alt go

[12:25] {Threei}  © appears

[12:25] {Threei}  to get ®, do the same with numbers 0174

[12:26] {peterg} numeric key pad not same as numbers on top of laptop, eh?

[12:26] {Geo} nope

[12:28] {peterg} ©!!

[12:28] {KSystems} ®?

[12:28] {Geo} lol

[12:28] {peterg} tks vad; you get a piece of the action

[12:29] {Threei}  cool

06[12:29] * Geo slaps peterg around a bit with a large alt symbol basket

06[12:30] * peterg slaps Geo around a bit with a large a medium-sized Num Lk key plus laptop

[12:30] {Geo} lol

[12:30] {peterg} ok

[12:30] {peterg} going for lunch, then I want some solid trades

[12:30] {Geo} in vads room everything is a large

[12:30] {peterg} got it

[12:32] {KSystems} Here is a table of all symbols available ;) http://www.lookuptables.com/

[12:32] {wishbone} [09:22] {peterg} canada pays queens rep 150 large to close 

[12:32] {wishbone}   parliament

[12:33] {wishbone} oops.

[12:33] {Threei}  lol

[12:33] {Threei}  wishbone... you may want to restrain your copy/paste ambitions

[12:35] {wishbone} lol.....bare w/ me tried to copy ks' URl and last cut appeared here.....?

[12:36] {Threei}  just highlight the line or words you want to copy, switch to where you want to paste and use right click-paste or Ctrl-V

[12:46] {patience} server must have heartburn vad and is burping

[12:46] {peterg} back

[12:46] {magoo} bsck

[12:46] {peterg} cut & paste---how highlight?

[12:46] {Threei}  sigh

[12:46] {peterg} just want to have some fun

[12:46] {Threei}  just drag cursor over what you want to highlight and let mousde button go

[12:46] {Threei}  highlight disappears, no need for right click

[12:47] {Threei}  highlighting itself puts the text in the buffer

[12:47] {peterg} just drag cursor over what you want to highlight and let mousde button go

[12:47] {KSystems} Surprise

[12:47] {peterg} hey-- i like it

[12:47] {Threei}  sorry guys, I tried to kick magoo just for the sheer fun of it, and overdid it

[12:47] {peterg} wow yellow and red

[12:47] {Geo} now  that i like

[12:48] {Geo} we have a mirc guru here

[12:48] {KSystems} This room is probably filled with the oldest 13yr olds I know :D

[12:48] {Threei}  KS, just don't teach anyone colora

[12:48] {Threei}  colors

[12:48] {peterg}  Surprise

[12:48] {peterg} no color

[12:48] {Threei}  burned retinas, you know

[12:48] {peterg} spies will get it out of him

[12:49] {Geo} more than that only vad is colored.... so easy to take calls

[12:49] {Threei}  no, on this I am not kidding (rare case, I know)

[12:49] {Threei}  just want calls to stand out

[12:49] {Geo} exactly

[12:49] {KSystems} oh ok

[12:50] {Geo} i have vad as blue with sound

[12:50] {Geo} so i only turn head if i hear it

[12:50] {Threei}  with accent?

[12:50] {Geo} of course

[12:50] {Threei}  good

06[12:50] * Threei is now known as real headturner

[12:51] {wishbone} geo how do you add sound?

[12:52] {Geo} files options irc highlight

[12:52] {Geo} i highlight vads id and add sound to it

[12:52] {peterg} üüüümlaut

[12:53] {Threei}  oh, btw... I take sever umbrage in 12:48] {KSystems} This room is probably filled with the oldest 13yr olds I know

[12:53] {Threei}  my sense of humor is frozen at the level of 11 years old

[12:53] {KSystems} i must apologize, then

[12:54] {wishbone} ty geo:)

[12:54] {peterg} no apology necessary ; good diagnosis

[12:54] {Threei}  indeed

[12:54] {Geo} i am here to trade and watch prn

[12:54] {Threei}  and you are out of good trades?

[12:54] {lisa_jay} Thanks Geo.

[12:54] {wishbone} lol

[12:55] {Geo} so second option it is

[12:55] {Geo} what a choppy inside day

[12:55] {Geo} i like trading extremes

[12:55] {Threei}  lisa... you must have missed my question after DRYS trade completion

[12:56] {Threei}  [10:49] {Threei} ok lisa... did I deliver, for all those troubles you went into, to flatter things impossible to flatter with straight face?? :)

[12:56] {lisa_jay} :-)  Yes.

[12:56] {Geo} man what a hunter of comliments

[12:56] {Geo} outdid me

[12:56] {Threei}  I am just more deserving geo {G}

[12:57] {Threei}  and more humble

[12:57] {Geo} vad has a sore back

[12:57] {Geo} all the patting is killing him

[12:57] {Threei}  no, back is fine, but dislocated shoulder is a constant problem

[12:57] {Geo} hehehe

[12:57] {Threei}  try to reach your own back to pat it...

[12:57] {Geo} good day vad...

[12:57] {Geo} I am sitting a 2 X.... in profit protection mode now

[12:58] {Threei}  4 x here

[12:58] {Geo} AND your X is what 4 times mine?

[12:59] {Threei}  I'll protect that information till last drop of my blood

[12:59] {Geo} ah comeone

[12:59] {Geo} you have snapshots in your books

[12:59] {Threei}  not for my personal account

[12:59] {Geo} the brockerage letter?

[12:59] {Threei}  those parts are blacked out

[13:00] {peterg} 2X, 4X ?? number of times stake doubled?

[13:00] {peterg} what?

[13:00] {Geo} no

[13:00] {Geo} X is daily expectation i guess

[13:00] {Threei}  first one was what, 10 years ago?

[13:00] {Threei}  and second is % only, no $

[13:00] {Geo} i know vad... just trying to get a feel

[13:00] {Geo} dont want too many details :)

[13:00] {peterg} If I expect 2 per cent gain, and make four, then I have 2X

[13:01] {Geo} good to know pacesetters

[13:01] {Geo} yes

[13:01] {Geo} peterg

[13:01] {peterg} tks

[13:01] {Threei}  not the way I use it peter

[13:01] {Threei}  I use $, not % for setting daily goals

[13:01] {Geo} same here

[13:01] {magoo} as my dear ole friend ross perot said "if u take a penny and double it...u be up 100% " lol

[13:01] {Threei}  eqzaktly

[13:02] {Geo} i have a small goal just cuz i am conparitively new.. and need the confidence lol

[13:02] {KSystems} How long have you been trading Geo?

[13:02] {Geo} less than 6 months seriously

[13:02] {Geo} less than a year overall

[13:02] {KSystems} ic

[13:02] {peterg} we are in the same class, geo

[13:03] {peterg} I started in May

[13:03] {Geo} ok some movement on the downside

[13:05] {peterg} must have chocolate

[13:10] {Geo} mmmm chocolate

[13:12] {dino} four week t-bills yield=0.00

[13:12] {dino} yesterday 3 mo. t-bill 0.005%

[13:13] {dino} bubble in the making in bonds

[13:18] {peterg} ok back from walgreens with midnight  dark chocolate milky way bar

[13:18] {peterg} used to pay 25c; now 96c w tax

[13:18] {peterg} heck, probly a nickel in fifties when I lived in chicago

[13:18] {peterg} tip o the hat to hawk

[13:20] {hawkfan4} :)

[13:21] {dino} dji lod approaches

[13:23] {patience} thought we would have a harder pullback

[13:24] {magoo} are we in anything vad?

[13:24] {Threei}  in coma

[13:25] {peterg} RIMM?

[13:25] {peterg} just dropped

[13:26] {Threei}  feels crapshoot peter...

[13:26] {Threei}  just no confident read

[13:26] {Threei}  don't want to squander profits on boredom trades

[13:26] {peterg} agreed

[13:27] {dino} feels like a whoosh down coming

[13:32] {patience} New Dehli 70 year old woman gives birth to first child...husband is 72

[13:33] {Geo} wot????

[13:33] {Geo} its not like they need more population

[13:33] {patience} 55 years of marriage, they wanted a child

[13:34] {Geo} selfish to die with childs in tweens

[13:34] {patience} if that long

[13:34] {dino} thats risking it

[13:36] {magoo} vad we in anything?

[13:36] {Threei}  in coma

[13:39] {Threei}  don't jump on mediocre trades mags

[13:39] {Threei}  let's wait for something more defined

[13:40] {magoo} huh?

[13:40] {Threei}  just trying to moderate your impatient desire to trade trade trade...

[13:42] {magoo} whatchatalkinboputwillis?

[13:43] {peterg} boputwillis

[13:43] {peterg} putwillis and callwillis

[13:57] {peterg} ok back in hr©

[14:06] {dino}  [13:28] {dino} feels like a whoosh down coming

[14:06] {hawkfan4} nice one dino

[14:07] {dino} gut

[14:07] {dino} finally in black, a.m. is killing me lately

[14:08] {dino} i should simply sleep in

[14:08] {hawkfan4} i've been making myself go do something around the house at the open, laundry, dishes.  keeps me out of trouble in the first few minutes

[14:09] {dino} good idea, maybe i should extend my morning walk

[14:09] {magoo} u guys nuts, vad and i make 90% in morning

[14:10] {dino} maybe i should trade vad in morning

[14:10] {Threei}  first trade today was at 9:31

[14:10] {Threei}  [09:31] {Threei} Long Setup: DRYS half lot 8 break if holding above 7.80

[14:10] {hawkfan4} me too, but right off the open i get whipped around.  i will take vad's tho.  ez button

[14:11] {Threei}  just diff styles... last couple weeks my morning ones work at around 80%

[14:11] {Threei}  especially those that trade a lot before open and form nice setup, so opening just triggers it

[14:12] {Threei}  but now that you all pile up, it will reverse of course {G}

[14:12] {hawkfan4} i do trade the premarket alot, then take a quick break

[14:13] {Threei}  I do too, not a lot though... but much more than say couple months ago

[14:13] {Threei}  and try to keep myself to half lot

[14:14] {Threei}  Dow - 240?

[14:14] {hawkfan4} yessir

[14:14] {Threei}  weird day

[14:14] {Threei}  or, for peter: wierd

[14:14] {Threei}  I mean, DOW spent practically all day in the red, just briefly flashed green,

[14:15] {Threei}  but for a good few hours felt like total bull market, lol

[14:15] {dino} need about 60 pts down, gap 8635

[14:15] {Threei}  just shows you how different day trader's world is

[14:16] {dino} yes

[14:16] {Threei}  normal citizen (aka comrade) comes home, opens paper, says "red day again, -100"

[14:16] {Threei}  day trader says "opened doewn 500, rallied 400, total bullish action"

[14:17] {wishbone} hmmm

[14:19] {dino} exhausting lately

[14:20] {Threei}  I start feeling funny about posting trading logs with those little blue blurbs

[14:20] {Threei}  every frking day for I don't know how long those forewords show winning days

[14:20] {Threei}  for a side observer must feel like fudged results, lol

[14:21] {Geo} mmmmmmm fudge

[14:21] {Chaeron} Christmas fudge is the best

[14:22] {hawkfan4} lol

[14:22] {Threei}  I guess I need to start apologizing for making money

06[14:23] * Geo slaps Threei around a bit with a large repent now DVD

[14:23] {Threei}  sorry dear reader but we are profitable for the day again

[14:23] {Chaeron} that's too politically correct

[14:23] {Geo} youre ok vad

[14:23] {dino} new low dji

[14:23] {Geo} we only buy pullbacks going long

[14:24] {Geo} so we are all patriots

[14:24] {Threei}  yup

[14:26] {Threei}  watching how DRYS takes market selling

[14:26] {Threei}  so far I like its resilience

[14:26] {magoo} man..2-2;30 crash

[14:26] {Threei}  market is almost at the opening price

[14:26] {Threei}  DRYS is nowhere even close

[14:27] {Threei}  worth a try for a scalp when market bounces

[14:29] {Threei}  getting ready

[14:29] {Geo} shorted drys 9.25

[14:29] {Geo} out

[14:29] {Threei}  wtg

[14:29] {lisa_jay} nice

[14:30] {hawkfan4} nice geo

[14:30] {Geo} for reasoning refer the chart posted.... by me

[14:30] {Geo} crazy ZB spike to HOD

[14:31] {Threei}  .86 - 9.01... too fast

[14:31] {dino} gj

[14:31] {Geo} pushd Qs down

[14:31] {Geo} how about that made money going down and going up 

[14:31] {Threei}  you need to find Laseer's analog for ZB geo

[14:31] {Geo} not suing laser... as i have the same affliction as dino

[14:32] {Geo} need my stops thrown out for me

[14:32] {Threei}  sheesh

[14:32] {Geo} lets ask laserdave

[14:32] {Threei}  I mean find us symbol to watch

[14:32] {Geo} i dont subscribe to futures data in laser

[14:32] {Threei}  what is exact ame for ZB?

[14:33] {Geo} 30 year bond

[14:33] {Geo} i am using march 09

[14:33] {Geo} anyone interested ill post chart... just takes me a while

[14:33] {Threei}  UAUA big dump

[14:36] {Geo} ZB is the globex symbol vad on CME

[14:36] {Threei}  I have CME feed

[14:36] {Threei}  I just don't know laser's symbol

[14:36] {Threei}  trying to watertorture dave

[14:36] {Threei}  but he avoids me

[14:36] {Threei}  (and who could blame him)

[14:36] {Geo} during the torture?

[14:37] {Geo} thats just rude

[14:37] {Threei}  indeed

[14:37] {Threei}  he just makes me to add electroshock...

[14:39] {Geo} .

[14:39] {magoo} drys man-0-man

[14:40] {Threei}  9 break, smaller shares

[14:40] {Threei}  stop under .80

[14:41] {Geo} in

[14:41] {Threei}  should spike to about .25 - .30

[14:42] {magoo} any q read?

[14:42] {Threei}  not really

[14:43] {Threei}  SEN MAJORITY LEADER REID: MAY BE 'VERY VERY DIFFICULT' TO HAVE VOTE ON AID FOR AUTMAKERS TODAY, MAY PUSH VOTE BACK TO TOMMOROW

[14:43] {Threei}  - Notes that Congress may need to work through the weekend on a vote, still expects aid to automakers{GM F}

[14:44] {Threei}  grrr

[14:44] {Threei}  told ya it was turning into the same saga as that bailout hearing

[14:44] {Threei}  with conflicting messages every couple hoirs

[14:44] {magoo} do they do that on purpose..all the grandestanding

[14:45] {cosmo} yes

[14:46] {cosmo} it coreagraphed

[14:47] {cosmo} its

[14:48] {Threei}  target

[14:48] {Geo} oput

[14:48] {Geo} ty vad

[14:48] {Threei}  welcome

[14:50] {Threei}  lol, DRYS is paying so many bills today

[14:50] {_elepet} i just woke up from a nap. anyone in drys?

[14:50] {Threei}  just exited

[14:50] {magoo} i am but from 9

[14:50] {Threei}  mortgage, car lease, heating, food

[14:50] {Threei}  tv

[14:51] {_elepet} i got in at .09

[14:51] {magoo} huh vad}/

[14:51] {Threei}  no wonder industry is doing poorly

[14:51] {Threei}  try to do your own work AND pay all our bills

[14:52] {magoo} im waiting .47

[14:52] {Threei}  elepet... why so much chasing

[14:52] {Threei}  9 break was call, 9.09 seems a bit too high

[14:53] {magoo} out

[14:53] {magoo} ty boss 

[14:53] {Threei}  welcome

[14:56] {peterg} back; reviewed log, appreciate honorable mention by vad

[14:56] {peterg} see you are mking more $$

[14:56] {peterg} good

[14:58] {Threei}  :)

[14:58] {Threei}  elepet, you out yet??

[14:59] {Threei}  peter, I have to say you confused me beyond imagination

[14:59] {Threei}  (not that it's very hard)

[15:00] {peterg} I improved your spelling; you improved my trading

[15:00] {peterg} simple

[15:00] {Threei}  but now a lot op words present difficulty for me

[15:00] {peterg} such is nature of learning process

[15:00] {Threei}  field? brief?

[15:00] {peterg} hahahhahaah

[15:00] {peterg} both right

[15:00] {peterg} good instinct

[15:00] {Threei}  grief?

[15:00] {peterg} you're getting it

[15:00] {Threei}  yeah, but why weird?? :)

[15:01] {peterg} i am learning french makes my head hurt

[15:01] {peterg} the w is the key, i think

[15:01] {peterg} or origin of word from ancient runic

[15:01] {Threei}  wield?

[15:01] {peterg} or was it tunic

[15:01] {peterg}  yes

[15:01] {peterg} weild

[15:01] {peterg} doesnt work

[15:01] {Threei}  wiener?

[15:02] {peterg} omigod you are thorough student

[15:02] {peterg} I proud

[15:02] {Threei}  {--- deeply and forever confused and bedazzled

[15:02] {peterg} but learning more and more

[15:02] {Threei}  while wishing to know less and less

[15:03] {peterg} yesss

[15:03] {Threei}  also... consider this:

[15:03] {Threei}  you wanted to improve your trading

[15:03] {Threei}  I never wanted to improve my spelling... just opposite

[15:03] {Threei}  life isn't fair

[15:04] {peterg} thats why you could consider me a meanie

[15:04] {Threei}  I consider everyone a meanie

[15:04] {Threei}  people say that's because I am one

[15:04] {peterg} ok then

[15:04] {Threei}  you should have see how this 6 years old looked at me couple days ago

[15:05] {Threei}  what a mean grumpy angry guy

[15:05] {cosmo} it runs in my family too

[15:05] {Threei}  you understand then cosmo...

[15:05] {cosmo} absolutely

[15:07] {cosmo} chip on my shoulder from a three generations ago

[15:08] {cosmo} -a

06[15:13] * magoo slaps Threei around a bit with a large russo wolverine fur hat

[15:14] {Threei}  wow

[15:14] {dptl} have a good evening all

[15:15] {Threei}  that's inventive

[15:15] {Threei}  take care dp

[15:15] {Threei}  see mags

[15:15] {Threei}  you scared dp with your creativity

[15:15] {dptl} lol

[15:15] {magoo} dp WAITTTTTTTT

[15:15] {dptl} no

06[15:15] * magoo slaps dptl around a bit with a large skerdy cat fur cap

[15:15] {dptl} :)

[15:16] {peterg} peterg doesn't slap anyone around with a ratty old rabbit hat

[15:22] {peterg} and why don't I?

[15:22] {peterg} Because I am so nice!

[15:25] {Threei}  ah

06[15:27] * magoo slaps laserdave1 around a bit with a large deck of plaboy bunny playing cards

[15:30] {peterg} ©?

[15:34] {patience} vad, any gut feel for  where the market is going from here?

[15:35] {Threei}  today?

[15:35] {Threei}  or overall?

[15:35] {patience} today, overall, 

[15:35] {patience} tomorrow

[15:35] {Threei}  today, down

[15:35] {patience} sure didn't go down as much as i thought it would

[15:35] {Threei}  tomorrow, depending on how this GM/F thing develops

[15:36] {magoo} dino is resident gut forecaster

[15:36] {patience} ok, thanks, i'll just stay out for now

[15:36] {patience} dino, what does your gut think

[15:38] {dino}  3:40 bounce

[15:38] {Threei}  arguing with dino's gut is a losing proposition

[15:38] {Threei}  but mine says not today

[15:39] {dino} maybe gap fill 1st

[15:41] {dino} bounce it was

[15:42] {peterg} Vad, Weekley's Etymological Dictionary of Modern English suggests that weird comes from ancient saxon, wyrd, from weorthan, and relate3s to ancient norwean, urthr, fate

[15:42] {peterg} Chaucer: the wirdes that we clepen destinee

[15:42] {patience} peter, what are you smoking?

[15:42] {magoo} huh??

[15:42] {Threei}  guess how many words in that explanation is above what I want to know

[15:42] {peterg} couldnt resist, sorryy

[15:43] {Threei}  :)

[15:43] {peterg} Patience, I wish for the olde days when I smoked more

[15:43] {Threei}  after 40 I found out I prfefer to unlearn things more than I want to learn them

[15:43] {magoo} my wife gave me sucrets this morn..exp date 2005...sigh

[15:43] {peterg} learn or die

[15:43] {peterg} and eventually die anyway

[15:44] {peterg} my wife always gives me stale medicines

[15:44] {peterg} am i missing something?

[15:45] {Threei}  no, rather gaining interesting experience

[15:46] {dino} ok, now gap fill dji at 8635 area

[15:46] {peterg} true

[15:46] {dino} hmmm, maybe 8651 was close enough

[15:55] {wishbone} good nite all

[15:55] {Threei}  take care wish

[15:55] {hawkfan4} ditto, have a good one all

[15:56] {Threei}  hawk :)

[15:56] {Threei}  ok guys

[15:56] {Threei}  thank you all

[15:56] {Threei}  another beautoful trading day... I am ashamed

[15:56] {Threei}  have a good evening, see you tomorrow

[15:56] {Threei}  we have to lose tomorrow

[15:57] {Threei}  or lightning will strike us

[15:57] {magoo} OY

[16:02] {dino} gn all

Dec 08 2008

Fairly nice even though not stellar day. Got the idea of the rally right, but expected more strength. Anyway, profit is profit, and it was had.

Session Time: Mon Dec 08 00:00:00 2008

[07:51] {Threei}  GM

[07:51] {Threei}  VICE CHAIRMAN: OPTIMISTIC THAT A SHORT-TERM LOAN WILL BE GRANTED - CNBC

[07:51] {Threei}  - Firm is not being particular on where funds come from

[07:51] {Threei}  - In absence of auto-bailout, everyone in market will be in trouble{F}

[08:22] {Threei}  BALTIC DRY BULK INDEX RISES 1.2% , FISRT GAIN SINCE NOV 18

[08:49] {tomg} good morning

[08:49] {Threei}  tom :)

[08:50] {dawg} gm all

[08:50] {Threei}  dawg :)

[08:54] {Threei}  how about that HIG

[08:59] {dptl} good morning all

[08:59] {Threei}  dp :)

[08:59] {peterg} hola!

[09:00] {Threei}  peter :)

[09:00] {Threei}  stocks of interest:

[09:00] {Threei}  HIG

[09:00] {Threei}  GM

[09:00] {Threei}  DRYS

[09:00] {Threei}  UAUA

[09:01] {Threei}  CHK

[09:01] {Threei}  GG

[09:02] {KSystems} Good morning!

[09:02] {Threei}  KS :)

[09:07] {Geo} good morning

[09:08] {Threei}  Geo :)

[09:09] {dino} gm all

[09:09] {Threei}  dino :)

[09:10] {lisa_jay} Good morning.

[09:10] {Threei}  lisa :)

[09:12] {KSystems} urk...grabbed the sour milk for the coffee

[09:12] {Threei}  CHK jump

[09:12] {Threei}  told ya... don't put junk into good product - coffee has to be black :)

06[09:13] * KSystems slaps Threei around a bit with a large bucket of hot black espresso

[09:14] {Threei}  my morning starts out right

[09:14] {Threei}  CHK

[09:14] {Threei}  CEO: COMPANY HAS AMPLE LIQUIDITY; DISSAPOINTED BY CURRENT SHARE PRICE - CONF CALL

[09:14] {Threei}  - Well positioned to survive macro environment of low oil prices

[09:14] {Threei}  - Epxects to have $2B in cash by the end of the year

[09:15] {Threei}  I know what the difference is between me and CHK

[09:15] {KSystems} " - Epxects to have $2B in cash by the end of the year"?

[09:15] {Threei}  if I had 2B in cash, I wouldn't even bother to hold conference calls and publishing press releases

[09:18] {Onix} Good morning all

[09:18] {lisa_jay} Hi Onix

[09:18] {Threei}  onix :)

[09:18] {patience} good morning guys

[09:19] {Onix} hi patience

[09:19] {Threei}  patience :)

[09:22] {dino} gap dji at 8828

[09:22] {wishbone} gm all

[09:23] {Threei}  wishbone :)

[09:23] {cosmo} elsr 2.7 pre mkt high ...fwiw

[09:23] {Onix} hi wishbone

[09:24] {wishbone} hello onix

[09:24] {cosmo} eslr

[09:29] {ese} good morning

[09:29] {Threei}  ese :)

[09:29] {Onix} hi ese

[09:31] {Threei}  if DRYS drops sharply into 5.20 area, will be pullback entry

[09:31] {ese} what the news on DRYS Vad

[09:32] {Threei}  [08:47] {Threei} BALTIC DRY BULK INDEX RISES 1.2% , FISRT GAIN SINCE NOV 18

[09:32] {Threei}  UAUA no pullback

[09:33] {Threei}  if moves quickly to around 12-12.10

[09:33] {Threei}  grab it

[09:34] {Threei}  in

[09:34] {Threei}  stop under 11.90

[09:35] {Threei}  DRYS non-stop

[09:36] {Threei}  half out UAUA

[09:37] {Threei}  stop to .94

[09:37] {Threei}  watch DRYS for pullback into 6

[09:38] {ese} definately....

[09:39] {Threei}  6.50 break...

[09:39] {Threei}  risky as hell

[09:41] {dino} sm l amzn .70

[09:41] {Threei}  half out 6.80

[09:42] {Threei}  scalpers are out happily

[09:42] {tomg} ty vad 

[09:42] {Threei}  welcome sir

[09:42] {Threei}  offering second half 7.05

[09:42] {Threei}  greed gets better of me

[09:43] {Threei}  stop under b/e

[09:43] {magoo} morn

[09:43] {Threei}  mags :)

[09:44] {Threei} Long Setup:  CHK  .95 half lot

[09:44] {Threei}  if stays above .80

[09:46] {Threei}  no worky

[09:48] {dino} out amzn .30, +.60

[09:48] {Threei}  nice

[09:49] {dino} ty

[09:49] {Threei}  DRYS out second half

[09:49] {Threei}  watching for possible pullback entry

[09:51] {dino} mcd sm l .02

[09:54] {Threei}  WHITE HOUSE: HAVE MADE PROGRESS ON AUTO RESCUE PACKAGE

[09:54] {Threei}  - Notes that Tuesday may be to soon to set vote

[09:54] {Threei}  - Bush administration is waiting to see the wording of congressional bill

[09:55] {dino} mcd stopped -.30-

[09:58] {Threei} Long Setup:  DRYS  .46 if stays above .30

[09:59] {magoo} in

[10:00] {Threei}  CHK

[10:01] {Threei}  come on market bounce time

[10:02] {dino} sm s spy.25

[10:06] {magoo} see..just ask nicely vad

[10:06] {Threei}  you mean I need to renounce violence?

[10:07] {Threei}  half out DRYS

[10:07] {magoo} well..i wouldnt say that

[10:07] {Threei}  scalpers have over 1:1

[10:07] {lisa_jay} Thanks Vad for DRYS...made 21c.

[10:07] {Threei}  :)

[10:07] {peterg} tks, made .14 on 2 entries

[10:08] {wishbone} ty vad drys +.15

[10:08] {Threei}  put your patience and resolve to test when retreatd almost into stop level, eh?

[10:08] {magoo} out .71 TY vad

[10:08] {Threei}  welcome guys

[10:08] {peterg} ye[

[10:08] {peterg} wtg mags

[10:08] {Threei}  double benefit then

[10:08] {magoo} double lot

[10:08] {Threei}  profit AND good training experience

06[10:09] * Threei slaps magoo around a bit with a large position sizing and risk control manual

[10:09] {Geo} i/4 out .81

[10:09] {Threei}  WHITE HOUSE: IF AUTO MAKERS TAKE GOVT AID BUT FAIL TO BECOME VIABLE, ADVISORS COULD SUGGEST CHAPTER 11 FOR THE BIG 3

[10:09] {Threei}  {F GM}

[10:09] {Threei}  me out .80

[10:10] {Geo} sitting 300 for high

[10:10] {Threei}  me wants no another big pullback

[10:10] {Threei}  looks good for you Geo

[10:10] {Threei}  follow your plan

[10:10] {Geo} yea... want up

[10:11] {Threei}  don't let me influence your decision, as long as you control risk well

[10:11] {Chaeron} good morning all... welcome to a new week

[10:11] {Threei}  chaeron :)

[10:11] {Geo} trailing stp

[10:11] {magoo} chaer broil:)

[10:11] {Geo} Ty vad

[10:11] {Threei}  oh, I know why magoo took double lot on that trade

[10:11] {Chaeron} I wasn't here?

[10:11] {Threei}  he did it for chaeron

[10:11] {Chaeron} ohhh thanks :)

[10:11] {Geo} out

[10:12] {Geo} heheh tried

[10:12] {magoo} uh...the first answer  he he

[10:12] {Chaeron} lol

[10:12] {magoo} [10:11] {Chaeron} I wasn't here?

[10:12] {Threei}  it's a valid attempt geo

[10:13] {Threei}  if you took double lot and haven;t partialed any when it ramped up to 1:2, you would get the living daylihght slapped out of you

[10:13] {Geo} no one lot

[10:13] {Threei}  but the way you did it is totally legity

[10:13] {Geo} only tried the trail on 1/4

[10:13] {Threei}  legit

[10:13] {Onix} ty vad, I got 33c in DRYS

[10:13] {Geo} thankd vad.... justy trying to get ready for the bull

[10:14] {Threei}  yup

[10:14] {Threei}  HIG

[10:14] {Threei}  seems to be holding 17

[10:14] {magoo} moving fast vad

[10:19] {Geo} shorted break of HIG 17

[10:20] {peterg} been watchin it

[10:21] {Geo} out second half..

[10:21] {Geo} scratch trade

[10:21] {Threei}  looks like rally prepares to become stunning

[10:21] {Threei}  how about that woridng?

[10:21] {Geo} lol

[10:21] {magoo} might be a 700 plus]

[10:22] {peterg} AMZN?

[10:23] {magoo} any read RIMM vad?

[10:23] {Threei}  DRYS

[10:24] {Threei}  if NASDAQ breaks, 7 break becomes a catalyust for explosion

[10:24] {Threei}  but please, no double lots

[10:24] {magoo} how about hiytting the pullbk

[10:24] {magoo} HIG too vad

[10:24] {Threei}  if NASDAQ jumps over resistance and DRYS gives a little delay, certainly

[10:26] {magoo} i hit HIG here .16

[10:26] {magoo} long

[10:27] {magoo} .96 stop

[10:28] {magoo} no mkt help

[10:28] {Threei} Long Setup:  QQQQ  here

[10:28] {Threei}  with stop under .80

[10:32] {Threei}  even though stop is of a scalping type on this Qs entry, this is just becaiuse of pullback into support entry

[10:32] {Threei}  I am not looking for a scalp on this trade

[10:32] {Threei}  rather trying to catch a big move

[10:32] {Threei}  and fool the nature

[10:33] {Threei}  by having tight stop with big reward

[10:33] {Threei}  T.B. PICKENS: DOES NOT SEE OIL FALLING UNDER $40/BRL

[10:33] {Threei}  - Note: In October predicted that oil would reach the $100/brl level in 2009

[10:34] {Threei}  as far as I can rememer, he did not see oil losing 100

[10:35] {dino} talking his book

[10:35] {dino} i think we hit 38 on fri

[10:39] {Threei}  my Q entry was .86

[10:40] {Threei}  planning to offer 1/3 above 30.10

[10:43] {magoo} nic q call vad

[10:45] {Threei}  out first portion QQQQ +.30

[10:45] {dino} l mcd .90

[10:45] {Threei}  this is frikkin 1:4

[10:46] {magoo} ssssaaaaaaaaawwwwwwweeeeeeeaaaaaaattt

[10:46] {wishbone} frikkin' eh!

[10:46] {Geo} out thanks vad....

[10:46] {Threei}  that's my way to say I am in awe of myself wishbone :)

[10:47] {wishbone} lol

[10:47] {wishbone} i'm in awe too....very humbling! :)

06[10:49] * magoo slaps Threei around a bit with a large a bag of humility lol

[10:49] {Threei}  thanks mags

[10:49] {Threei}  needed that

[10:50] {Threei}  structure this trade accordingly to your risk tolerance and targets guys

[10:50] {Threei}  even for "not a scalp" trade it already worked wonders

[10:50] {Threei}  I am getting seriously greedy here

[10:51] {Threei}  and I don't really care if the remainder of the p;osition gets stopped breakeven

[10:51] {Threei}  if you do, take off 1/3 more

[10:52] {wishbone} q's +.25 ty vad

[10:52] {Threei}  welcome

[10:54] {Threei}  for those who are holding, let me outline your options

[10:54] {Threei}  1. keep breakeven stop for the remainder and let it trade

[10:54] {Threei}  that's my choice at the moment

[10:55] {Threei}  2. trail stop to under 30

[10:56] {magoo} forgot post..got 17.47 on HIG

[10:56] {magoo} + somrething

06[10:56] * Threei slaps magoo around a bit with a large roll of cash

[10:57] {Threei}  SNDK

[10:57] {Threei}  HEARING RENEWED TAKEOVER CHATTER CIRCULATING

[10:57] {Threei}  - rumor that Toshiba has been able to raise much of the financing needed for a SNDK bid

[10:57] {Threei}  getting old

[11:09] {magoo} vad, u still in q?

[11:09] {Threei}  yes

[11:09] {Threei}  .85 is my stop

[11:11] {magoo} im considering reentering long is why i ask

[11:12] {dino} sds l .50

[11:12] {dino} sm

[11:19] {dino} sm s afam .48

[11:25] {magoo} vad, i missed premkt..was it an untradeable gapper?

[11:26] {Threei}  what stock magoo?

[11:31] {magoo} just in genral

[11:31] {Threei}  not sure how to answer... it was gapper, and big one, but why untradeable? didn't we find a few good ones?

[11:33] {magoo} no..i meant in premkt..

[11:34] {Threei}  it was steady climb for the most part

[11:34] {Threei}  you know, he type where you don't have actual setups to go from

[11:35] {Threei}  and if you just enter anywhere it may continue climbing or may smack you hard

[11:35] {Chaeron} whoa... 

[11:35] {dino} put me in smack hard camp

[11:36] {Threei}  what the heck just happened?

[11:36] {Chaeron} no se

[11:36] {lisa_jay} yup

[11:36] {dino} i went short

[11:36] {Chaeron} heheheh

[11:37] {dino} big gap to fill

[11:53] {Threei}  if you got bored and don't mind 20-25 cents stop on small shares,

[11:53] {Threei} Long Setup:  GG  small shares .20 break

[11:53] {Threei}  with stop under 24

[11:55] {dino}  stopped sds .53, +1.03

[11:55] {ese} how bout DRYS long

[11:55] {Threei}  quite a contradiction between "stopped" and +1

[11:56] {magoo} really

[11:56] {Threei}  not sure ese

[11:56] {KSystems} dino, are you still in SPY and MCD?

[11:56] {dino} trailed stop and hit

[11:56] {dino} way too tight

[11:56] {Threei}  I know dino... just sounds odd :)

[11:57] {Threei}  "stopped" has negative connotation to it

[11:57] {dino} i am odd

[11:57] {Threei}  while +1 is a good enough reson to get drunk, break couple windows, get arrested and spend all the profits on bail

[11:58] {magoo} in vad

[11:58] {Threei}  GG?

[11:58] {dino} not when your batting 285

[12:00] {Threei}  UAW REPORTEDLY SEEKS EQUITY AND BOARD REPRESENTATION IN ANY RESTRUCTURING PLAN FOR GM

[12:00] {magoo} in for drunken rampage..not GG lol

[12:00] {Threei}  ah

[12:00] {dino} just give the companies to the uaw

[12:00] {Threei}  cool

[12:01] {Threei}  yeah dino... I just thought, that will be the end of GM

[12:01] {Threei}  even if it survives current situation

[12:02] {Threei}  (US) REP FRANK: DEAL ON SHORT-TERM LOANS TO US AUTOMAKERS WILL LIKELY BE CONCLUDED BY THE END OF DAY ON MONDAY - CNBC

[12:07] {Threei}  HIG selling hard

[12:08] {dino} met sm s .00

[12:15] {ese} L DRYS  .52

[12:18] {Threei}  aimless wandering

[12:18] {Threei}  need something to shape up to give a next clue

[12:19] {dino} ciov met -.25

[12:24] {ese} out DRYS  2 lots  .80 +.28

[12:25] {ese} outta here for the day...see ya tomorow

[12:26] {Threei}  take care ese, nice trade

[12:26] {Threei}  ok

[12:26] {Threei}  Qs

[12:26] {Threei}  30 break worth a try

[12:26] {Threei}  with stop under .90

[12:28] {Threei}  seems slowly gaining traction for rally resumption

[12:35] {dino} gj es

[12:36] {Threei}  {ese} you guys are really slow... I left quite a while ago and can't hear you, nor do I care to

[12:38] {dino} lol

[12:38] {hawkfan4} lol, gj bbass ;)

[12:46] {Threei}  can you believe market's ability to fall into deep coma right in the middle of such hot action?

[12:46] {magoo} no..just like always..frustrate the masses

[12:47] {Threei}  image in front of my eyes:

[12:47] {Threei}  boxers in the ring,

[12:47] {Threei}  exchange punches,

[12:47] {magoo} i like HIG here

[12:47] {Threei}  one of them suddenly lies down and starts snorring,

[12:47] {magoo} in sm .87

[12:47] {Threei}  another one shrugs, waits, loses focus

[12:48] {Threei}  when he turns his back to sleepy one, suddenly massive hit follows

[12:49] {Threei}  now, the only thing we need to find out is, is the one who got his bear or bull

[12:49] {Threei}  his = hit

[12:50] {Threei}  CONGRESSIONAL AIDE: DEMOCRATS AIM TO SEND DRAFT FOR AUTO AID TO WHITE HOUSE WITHIN A FEW HOURS

[12:50] {Threei}  {GM F}

[12:50] {Threei}  ILLINOIS GOV: BAC SUSPENDED FROM ALL BUSINESS IN EFFORTS TO PRESSURE COMPANY TO USE TARP FUNDING TO BE USED FOR CREDIT TO A WINDOW FACTORY

[12:50] {Threei}  good

[12:50] {Threei}  I say Illinois got the right idea

[12:51] {dino} the inmates are running the asylim

[12:52] {Threei}  been that way for a while

[12:52] {dino} asylim

[12:52] {magoo} out hig

[12:52] {magoo} .79

[12:57] {magoo} rinbsed me

[12:57] {magoo} was afraid of that q pullbk

[13:02] {Chaeron} DRYS - nice move

[13:02] {magoo} will GM pop big if announce auto deal today vad? or sell the news

[13:02] {Threei}  hard to tell

[13:03] {Threei}  more and more feels like it's a bear that is going to be killed after the coma is over

[13:04] {dino} ????

[13:05] {magoo} hunter language dino

[13:06] {Threei}  DRYS turns into that non-stop kind of movement

[13:08] {magoo} new low hig

[13:10] {dino} pru l .10

[13:14] {dino} stopped

[13:24] {Threei}  CHK

[13:24] {Threei}  CEO: COMPANY HAS BEEN 'HURT' BY FALSE SPECULATION OVER BANKRUPTCY, BELIEVES STOCK SHOULD TRADE BETWEEN $25-35/SHR - INTERVIEW COMMENTS

[13:24] {Threei}  - Comments that the company has no debt maturities for the next 5 years, has no intent to access capital markets within the next 2 years

[13:25] {dino} alto they filed for 25 million share secondary

[13:25] {Threei}  hehe

[13:25] {dino} they

[13:25] {dino}  did, 

[13:25] {Threei}  f

[13:26] {Threei}  nears HOD

[13:26] {Threei}  stronger than GM today for some reason

[13:35] {Geo} back

[13:41] {Threei}  you left?

[13:45] {Geo} only in body

[13:46] {Threei}  lol

[13:46] {Threei}  good one

[13:46] {Threei}  HIG is coming into closing price

[13:47] {magoo} u thinking base

[13:48] {Threei}  feels like close to bounce

[13:48] {Threei}  would love to see it around 14.50

[13:51] {magoo} how about 15 break

[13:51] {Threei}  for scalp only

[13:52] {Threei}  and don't chase

[13:52] {Threei}  market is a bit nervous here

[13:52] {Threei}  DRYS .05 for scalp

[13:52] {Threei}  if holding 7

[13:55] {Threei}  over 1:1

[13:55] {jmb} thanks vad drys

[13:55] {Threei}  welcome

[13:55] {Threei}  easy money

[13:55] {Threei}  big offer at .04 was dead giveaway

[14:14] {magoo} .

[14:15] {patience} thought i was disconnected

[14:15] {magoo} me too :)

[14:16] {Threei}  so

[14:16] {Threei}  what was that?

[14:16] {Threei}  just a bull trap closing?

[14:17] {Threei}  don't see any news

[14:18] {Threei}  DRYS went crazy

[14:20] {magoo} AAPL 100 magnate RISKY

[14:25] {Threei}  if you are ready to try Qs for another leg, either .15 long or wait for pullback

[14:25] {Threei}  hard to tell whether shakeouts are over

[14:31] {Threei}  impressive strength F

[14:33] {Threei}  DRYS

[14:33] {Threei}  big offer again

[14:33] {Threei}  if market makes another jump, .50 break

[14:33] {Threei}  if stays above .40

[14:33] {Threei}  btw, same name at the offer

[14:34] {Threei}  someone gets steamrolled on his short and tries to average? :)

[14:35] {Threei}  wow F

[14:35] {Threei}  serious drop

[14:41] {Threei}  NASDAQ break is coming

[14:42] {magoo} magoo kickin aapl

[14:43] {Threei}  ne high

[14:43] {Threei}  new

[14:43] {magoo} p;retty good kick

[14:43] {Threei}  i'll say

[14:48] {Threei}  if you waited for Qs pullback and got it near 30, half out here

[14:48] {Threei}  if took .15, just sit and look pretty

[14:48] {Geo} got .10

[14:48] {magoo} aapl 100

[14:48] {magoo} out

[14:48] {magoo} + .64

[14:49] {magoo} feels like 101 coming

[14:49] {Threei}  even with .15 entry you have over 1"1 now, half out

[14:49] {Threei}  1:1

[14:55] {magoo} HIG attacking 16 RISKY

[14:59] {magoo} HIG 

[15:00] {magoo} aapl 101 

[15:00] {magoo} comith RISKY

[15:01] {magoo} obviously..aapl needs mkt help

[15:01] {magoo} if IF mkt turns down all bets off

[15:01] {magoo} bewitching hour now

[15:02] {magoo} who knows

[15:05] {dino}  sm risky, l sds .95

[15:07] {Threei}  (US) SENATE MAJORITY LEADER REID: WE WILL HAVE AUTOMAKER BAILOUT PACKAGE BEFORE THE SENATE SHORTLY

[15:07] {Threei}  US TREASURY'S KASHKARI: BANKS NOT LENDING AS FAST AS GOVT WOULD LIKE, TREASURY WILL TAKE NEW STEPS TO MONITOR CONTRACTORS

[15:07] {Threei}  - Will announces another report Tuesday, Dec 9th

[15:07] {Threei}  - Continues to work on ways to ensure compliance

[15:07] {Threei}  - Rtemarks that will provide the Obama administation with a 'robust' organization of the TARP program {

[15:08] {cosmo} i thought it was a loan

[15:08] {Threei}  new high Qs

[15:08] {Threei}  ADBE

[15:09] {Threei}  23 break possible play on market continuation

[15:09] {Threei}  DRYS is probably tired

[15:10] {Threei}  MS

[15:10] {Threei}  UPDATE: TICKS HIGHER AFTER REPORT THAT SENIOR MANAGEMENT WILL TAKE AVERAGE OF 65% CUT IN 2008 BONUS; CEO MACK WILL FORGO 2008 BONUS

[15:11] {magoo} AAPL

[15:11] {Threei}  I am yet to understand why anyone over there deserves any kind of bonus

[15:11] {Geo} if they werent there it would have been worse

[15:12] {Threei}  I'll have to disagree if they present this kind of argument

[15:12] {Geo} lol

[15:12] {Threei}  they weren't anywhere close to my banking account, and it's in a much better shape than their banks

[15:12] {Threei}  how's that for empirical evidence?

[15:13] {Geo} adbe valid?

[15:13] {Threei}  as long as it's holding above .90

[15:21] {Threei}  (US) SENATOR BAUCUS: ECONOMIC STIMULUS PACKAGE WILL BE AROUND $500B, BELIEVES THAT HALF SHOULD GO FOR INFRASTRUCTURE AND SHOULD INCLUDE TAX CUTS - TV INTERVIEW

[15:22] {dino}  they wanted 800b

[15:23] {Threei}  I expect this number to change from 500B to 2T and back 40 times between now and then

[15:23] {Threei}  if past dicussions and soundbites are any indication

[15:24] {laserdave1} hawkfan

[15:24] {laserdave1} dcc please

[15:25] {Geo} sigh

[15:25] {magoo} thats never good

[15:31] {dptl} have a good evening all

[15:31] {magoo} u too :)

[15:32] {Threei}  take care dp

[15:33] {Geo} amzn new high

[15:36] {Geo} .

[15:38] {patience} tsx +500    it has been a nice day...starting to look at wall mounted tv's at costco

[15:38] {Threei}  lol

[15:39] {Chaeron} they got a great Sony there on special :)

[15:39] {patience} don't laugh, i'm going to ask you to install it

[15:39] {Chaeron} roflol

[15:39] {Threei}  you have a few spare walls?

[15:39] {Threei}  you better

[15:39] {patience} over the fireplace...i'm sure you'll enjoy the challenge

[15:39] {Threei}  'cause those I'll mount TV on are guaranteed to come down crashing

[15:40] {Geo} amzn lagged nicely

[15:40] {Geo} on short to Qs

[15:44] {Geo} anyone.. in anything?

[15:44] {Geo} i am flat

[15:44] {Threei}  front view or side view?

[15:45] {Geo} back for you vad

[15:45] {Threei}  business as usual then

[15:45] {Geo} hehe

[15:45] {Threei}  :)

[15:45] {Threei}  qS BOUNCE SCALP AS A LAST TRADE IDEA FOR TODAY

[15:46] {Threei}  on the nxt leg down

[15:46] {dino} out sds .15, +1.20

[15:46] {Geo} i cant believe i screwed up the day and up only 29.00

[15:46] {magoo} q?

[15:46] {magoo} qS?

[15:46] {Threei}  Qs

[15:46] {Threei}  how Geo??

[15:46] {dino} geo, take it easy, i'm negative

[15:46] {Geo} fat fingered the wrong direction

[15:47] {Threei}  ouch

[15:47] {Geo} not your kind of day dino

[15:47] {Geo} too orderly

[15:47] {dino} 5/15

[15:47] {dino} i suck

[15:47] {Geo} amazon helped me climb back

[15:47] {dino} these big up gaps that don't fill, kill me

[15:49] {Geo} wow

[15:50] {Geo} didnt get tthis ounce

[15:50] {Threei}  grabbed quick 11 cents

[15:50] {Geo} i knew it !!!!!!!!!!!

[15:50] {Threei}  awww... a little too soon

[15:50] {Threei}  WHITE HOUSE REPORTEDLY RAISING CONCERNS OVER RECENT AUTO BILL PACKAGE DRAFT; CITES LACKING ASSURANCES OF VIABILITY

[15:51] {Geo} nice

[15:51] {dino} assurances? are there any

[15:53] {Threei}  ugh

[15:53] {Threei}  could be a very nice one from .87 entry

[15:54] {Threei}  not that I am complaining about quick 110 at the end of the day

[15:54] {Threei}  sheesh

[15:54] {Geo} rabbed 25 cents from AMZN

[15:54] {Geo} 300 only

[15:55] {Threei}  military jet crash in San Diego

[15:55] {Threei}  residential area

[15:56] {Threei}  chaeron, oput away that slingshot, will ya

[15:56] {Geo} hmmm exited early

[15:56] {Chaeron} not me!

[15:58] {Geo} thanks all......

[15:58] {Threei}  I seem to overcome the curse of big gap/slow climb days lately dino

[15:58] {Threei}  don't know if that's a temporary phenomenon or I finally learned how to trade them

[15:59] {dino} you're a lucky guy

[15:59] {Threei}  OK guys, thank you all

[15:59] {Threei}  have a good evening, see you tomorrow

[15:59] {KSystems} cya Vad take care

[15:59] {magoo} ty boss

[15:59] {dino} we should be selling the 1000 pt rips, hmmmm

[16:00] {lisa_jay} Thanks Vad.