Dec 16 2008

Fair day, but plagued by multiple disconnections. The log is littered by replays that occur on reconnection, and I really am not not up to editing it all... posting as is, sorry. Just scroll past long string with the same time stamp after the line saying Disconnected.

Session Time: Tue Dec 16 00:00:00 2008

[07:43] {Threei}  (RU) RUSSIAN OIL MIN OFFICIAL: RUSSIA MAY HOLD TALKS WITH OPEC THIS WEEK REGARDING ENTRY TO THE ORGANIZATION, TALKS TO INCLUDE SAUDI ARABIA AND ALGERIA

[07:47] {Threei}  FOMC EXPECTED TO CUT, AND SHED LIGHT ON QUANTITATIVE EASING

[07:47] {Threei}  - The overwhelming consensus amongst analysts is for a 50bps cut at today's FOMC meeting. The January Fed Fund Futures contract is fully pricing in a 50bps cut, and about a 60% chance of a 75bps cut. A 50bps cut would put the target rate at 0.50%, the lowest on record. A 75bps cut would put the target rate at 0.25%, below base rates in Switzerland (0.50%), and Japan (0.30%).

[08:03] {magoo} morning

[08:03] {Threei}  morning mags

[08:03] {magoo} hi vad

[08:04] {magoo} u watching GS?

[08:05] {Threei}  no... should I?

[08:05] {magoo} reports this morn...

[08:05] {magoo} have they yet?

[08:07] {Threei}  no

[08:07] {Threei}  will try to post as soon as they do

[08:07] {Threei}  (US) TREASURY'S MCCORMICK: THE TREASURY IS WORKING ON A NEW SET OF PROGRAMS FOR TARP FUNDS, THE ORIGINAL $700B TARP FIGURE "WAS APPROPRIATE" - CNBC INTERVIEW

[08:07] {magoo} ty

[08:13] {Threei}  BALTIC DRY BULK INDEX RISES 3.1% , 7TH STRAIGHT INCREASE

[08:13] {Threei}  - Capseize rates exceed $10k for the first time since Oct 17th

[08:16] {Threei}  GS

[08:16] {Threei}  REPORTS Q4 -$4.47 V -$3.50E, REV -$1.58B V $931.6ME, TIER 1 CAPITAL RATIO 15.6%

[08:17] {Threei}  SLW bidder nears yesterday's 5.15 high

[08:31] {Threei}  *NOV HOUSING STARTS: 625K V 736KE; BUILDING PERMITS: 616K V 700KE - FRESH 50 YEAR LOWS

[08:31] {Threei}  - Prior Housing Starts revised from 791K to 771K

[08:31] {Threei}  NOV CONSUMER PRICE INDEX M/M: -1.7% V -1.3%E; CPI EX FOOD&ENERGY M/M: 0.0% V 0.1%E; CPI NSA: 212.4 V 212.7E

[08:31] {Threei}  - CPI y/y: 1.1% v 1.5%e

[08:31] {Threei}  - Core CPI Y/Y: 2.0% v 2.1%e

[08:33] {magoo} GS rocking vad

[08:33] {patience} good morning everybody.....my roses just don't like this snow vad...what to do?

[08:34] {Threei}  to tell them "there there, it's gonna be OK"....

[08:37] {magoo} is fed rate decision today or wed?

[08:37] {Geo} gm all

[08:37] {Threei}  today

[08:37] {Threei}  Geo :)

[08:47] {lisa_jay} Hi Vad.

[08:47] {lisa_jay} Goodmorning everyone.

[08:47] {Threei}  Lisa :)

[08:53] {lisa_jay} Vad, a quick question reagarding the 20ma that you use.

[08:53] {lisa_jay} Is it 20 EMA or 20SMA.  Thanks.

[08:54] {Threei}  sma

[09:00] {KSystems} Good morning!!

[09:03] {Threei}  KS :)

[09:06] {ese} good morning.......

[09:07] {Threei}  ese :)

[09:07] {dino} gm all

[09:08] {Threei}  dino :)

[09:11] {_elepet} good morning to you

[09:11] {ese} Vad or anyone...could you take a look at AMLN day chart and give me an estimate on a target price.....I'm still long and up .10 right now

[09:12] {ese} sorry up.25......

[09:12] {Onix} Good morning all

[09:13] {ese} onix...

[09:14] {wishbone} gm all

[09:14] {Larisa1} good morning

[09:14] {ese} wish....larisa

[09:15] {Threei}  onix, wish, larisa :)

[09:15] {wishbone} hi ese

[09:15] {Onix} hi larisa & wishbone

[09:15] {Threei}  ese... 11.50 is critical juncture for it

[09:16] {Threei}  if it breaks that level, there is not much to keep it from 15

[09:16] {ese} yes......

[09:16] {ese} tks

[09:16] {Threei}  some minor resistance on the way,

[09:16] {Threei}  but if market helps, they won't matter much

[09:16] {ese} tks vad

[09:17] {_elepet} hello larissa

[09:17] {Threei}  elepet :)

[09:18] {peterg} morning all

[09:18] {Threei}  peter :)

[09:18] {Onix} hi peter

[09:18] {peterg} yo onix

[09:19] {Larisa1} elepet, onix :)

[09:22] {Threei}  be back in 5

[09:26] {Threei}  keep an eye on SLW

[09:26] {Threei}  it's a typical pullback stock, breaks rarely work on it

[09:27] {Threei}  and of course usual suspect... DRYS

[09:28] {Threei}  premarket chart has 10.90 as break level, but I'd prfer drop and entry for bounce

02[09:28] * Disconnected

02[09:29] * Attempting to rejoin channel #discussions

03[09:29] * Rejoined channel #discussions

[09:29] {Threei}  (RU) RUSSIAN OIL MIN OFFICIAL: RUSSIA MAY HOLD TALKS WITH OPEC THIS WEEK REGARDING ENTRY TO THE ORGANIZATION, TALKS TO INCLUDE SAUDI ARABIA AND ALGERIA

[09:29] {Threei}  FOMC EXPECTED TO CUT, AND SHED LIGHT ON QUANTITATIVE EASING

[09:29] {Threei}  - The overwhelming consensus amongst analysts is for a 50bps cut at today's FOMC meeting. The January Fed Fund Futures contract is fully pricing in a 50bps cut, and about a 60% chance of a 75bps cut. A 50bps cut would put the target rate at 0.50%, the lowest on record. A 75bps cut would put the target rate at 0.25%, below base rates in Switzerland (0.50%), and Japan (0.30%).

[09:29] {magoo} morning

[09:29] {Threei}  morning mags

[09:29] {magoo} hi vad

[09:29] {magoo} u watching GS?

[09:29] {Threei}  no... should I?

[09:29] {magoo} reports this morn...

[09:29] {magoo} have they yet?

[09:29] {Threei}  no

[09:29] {Threei}  will try to post as soon as they do

[09:29] {Threei}  (US) TREASURY'S MCCORMICK: THE TREASURY IS WORKING ON A NEW SET OF PROGRAMS FOR TARP FUNDS, THE ORIGINAL $700B TARP FIGURE ""WAS APPROPRIATE"" - CNBC INTERVIEW

[09:29] {magoo} ty

[09:29] {Threei}  BALTIC DRY BULK INDEX RISES 3.1% , 7TH STRAIGHT INCREASE

[09:29] {Threei}  - Capseize rates exceed $10k for the first time since Oct 17th

[09:29] {Threei}  GS

[09:29] {Threei}  REPORTS Q4 -$4.47 V -$3.50E, REV -$1.58B V $931.6ME, TIER 1 CAPITAL RATIO 15.6%

[09:29] {Threei}  SLW bidder nears yesterday's 5.15 high

[09:29] {Threei}  *NOV HOUSING STARTS: 625K V 736KE; BUILDING PERMITS: 616K V 700KE - FRESH 50 YEAR LOWS

[09:29] {Threei}  - Prior Housing Starts revised from 791K to 771K

[09:29] {Threei}  NOV CONSUMER PRICE INDEX M/M: -1.7% V -1.3%E; CPI EX FOOD&ENERGY M/M: 0.0% V 0.1%E; CPI NSA: 212.4 V 212.7E

[09:29] {Threei}  - CPI y/y: 1.1% v 1.5%e

[09:29] {Threei}  - Core CPI Y/Y: 2.0% v 2.1%e

[09:29] {magoo} GS rocking vad

[09:29] {patience} good morning everybody.....my roses just don't like this snow vad...what to do?

[09:29] {Threei}  to tell them ""there there, it's gonna be OK""....

[09:29] {magoo} is fed rate decision today or wed?

[09:29] {Geo} gm all

[09:29] {Threei}  today

[09:29] {Threei}  Geo :)

[09:29] {lisa_jay} Hi Vad.

[09:29] {lisa_jay} Goodmorning everyone.

[09:29] {Threei}  Lisa :)

[09:29] {lisa_jay} Vad, a quick question reagarding the 20ma that you use.

[09:29] {lisa_jay} Is it 20 EMA or 20SMA.  Thanks.

[09:29] {Threei}  sma

[09:29] {KSystems} Good morning!!

[09:29] {Threei}  KS :)

[09:29] {ese} good morning.......

[09:29] {Threei}  ese :)

[09:29] {dino} gm all

[09:29] {Threei}  dino :)

[09:29] {_elepet} good morning to you

[09:29] {ese} Vad or anyone...could you take a look at AMLN day chart and give me an estimate on a target price.....I'm still long and up .10 right now

[09:29] {ese} sorry up.25......

[09:29] {Onix} Good morning all

[09:29] {ese} onix...

[09:29] {wishbone} gm all

[09:29] {Larisa1} good morning

[09:29] {ese} wish....larisa

[09:29] {Threei}  onix, wish, larisa :)

[09:29] {wishbone} hi ese

[09:29] {Onix} hi larisa & wishbone

[09:29] {Threei}  ese... 11.50 is critical juncture for it

[09:29] {Threei}  if it breaks that level, there is not much to keep it from 15

[09:29] {ese} yes......

[09:29] {ese} tks

[09:29] {Threei}  some minor resistance on the way,

[09:29] {Threei}  but if market helps, they won't matter much

[09:29] {ese} tks vad

[09:29] {_elepet} hello larissa

[09:29] {Threei}  elepet :)

[09:29] {peterg} morning all

[09:29] {Threei}  peter :)

[09:29] {Onix} hi peter

[09:29] {peterg} yo onix

[09:29] {Larisa1} elepet, onix :)

[09:29] {Threei}  be back in 5

[09:29] {Threei}  keep an eye on SLW

[09:29] {Threei}  it's a typical pullback stock, breaks rarely work on it

[09:29] {Threei}  and of course usual suspect... DRYS

[09:32] {magoo} ar..missed drys

[09:32] {Threei}  sharp jump out of the gate, DRYS

[09:32] {Threei}  need pullback

[09:33] {magoo} BBY nuts

[09:35] {Threei}  DRYS bounce candidate closer to 11

[09:36] {KSystems} Hello kobran

[09:36] {dino} welcome kobran

[09:37] {_kobran} GM

[09:37] {Threei}  morning kobran

[09:38] {Threei} Long Setup:  DRYS  .30 break half lot, stop under .10

[09:38] {Threei}  risky one, market is jerky

[09:39] {ese} long DRYS 1/2

[09:39] {ese} .34

[09:40] {magoo} in 

[09:40] {Threei}  look to partial out or take scalp closer to .50

[09:40] {Threei}  right here

[09:40] {Threei}  half out for me

[09:40] {ese} that daily chart show clear sailing almost to 20

[09:40] {Geo} ty

[09:40] {magoo} out .51 TY

[09:40] {magoo} got in .25

[09:41] {KSystems} half out .53

[09:41] {Threei}  stop for the balance is .25

[09:42] {Threei}  ugh... missed SLW

[09:43] {Threei}  pulled back perfectly close to 5

[09:43] {Threei}  DRYS needs to break .40 now

[09:43] {Threei}  or not likely to work for the balance

[09:43] {dino} t l .48

[09:44] {Threei}  out second half

[09:44] {Threei}  scalps rule still

[09:46] {magoo} oh great..cramer says today starts xmas rally

[09:46] {Geo} bby paid well

[09:46] {Geo} thanks magoo

[09:47] {ese} stopped drys....10 - .24

[09:47] {magoo} ?

[09:47] {Threei}  you took break on it geo?

[09:47] {Geo} yeah with ES

[09:47] {Geo} to help it along

[09:47] {Threei}  ese?

[09:47] {Threei}  DRYS gave 1:1 for first exit, and stop was trailed to under b/e

[09:48] {Geo} [06:33] {magoo} BBY nuts

[09:48] {ese} missed first exit vad when it spied to .50

[09:48] {Threei}  why let it go back to original stop?

[09:49] {ese} thought that naz was heading up

[09:49] {ese} thought that i would hang with it

[09:49] {Threei}  market has no idea where to go...

[09:49] {Threei}  maybe it wanted up but then Cramer came with his rally preditction {G}

[09:49] {ese} indeed........

[09:49] {dino} t stopped

[09:49] {dino} -.22

[09:49] {Threei}  and we all know ehat he does to market

[09:49] {ese} DRYS very volitile.......1/2 was ok 

[09:50] {Threei}  yeah but...

[09:50] {Threei}  there is a logic of the trade

[09:50] {Threei}  even if you missed the exit, strrop is to be trailed after 1:1 is reached

[09:51] {ese} should have followed that......

[09:51] {Threei}  sin no more, OK?

[09:52] {ese} went with original stop just to give it some room but.......ces't la vie

[09:52] {ese} OK

[09:52] {Threei}  FOMC day... jerkiness city

[09:53] {ese} $150.00 lesson....sometimes worth the price

[09:53] {dino} harvard education in the making

[09:54] {ese} ya...for someone esle

[09:54] {Threei}  lol

[09:54] {dino} :)

[09:55] {Threei}  tempting trade:

[09:55] {Threei}  LLTC

[09:55] {Threei}  .26 half lot long

[09:56] {Threei}  really needs market decisive upward move

02[09:56] * Disconnected

02[09:59] * Attempting to rejoin channel #discussions

03[09:59] * Rejoined channel #discussions

05[09:59] -Threei- [Welcome-#floor] Welcome to the RealityTrader Floor. This room is read only. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.

[09:59] {Threei}  dino :)

[09:59] {_elepet} good morning to you

[09:59] {ese} Vad or anyone...could you take a look at AMLN day chart and give me an estimate on a target price.....I'm still long and up .10 right now

[09:59] {ese} sorry up.25......

[09:59] {Onix} Good morning all

[09:59] {ese} onix...

[09:59] {wishbone} gm all

[09:59] {Larisa1} good morning

[09:59] {ese} wish....larisa

[09:59] {Threei}  onix, wish, larisa :)

[09:59] {wishbone} hi ese

[09:59] {Onix} hi larisa & wishbone

[09:59] {Threei}  ese... 11.50 is critical juncture for it

[09:59] {Threei}  if it breaks that level, there is not much to keep it from 15

[09:59] {ese} yes......

[09:59] {ese} tks

[09:59] {Threei}  some minor resistance on the way,

[09:59] {Threei}  but if market helps, they won't matter much

[09:59] {ese} tks vad

[09:59] {_elepet} hello larissa

[09:59] {Threei}  elepet :)

[09:59] {peterg} morning all

[09:59] {Threei}  peter :)

[09:59] {Onix} hi peter

[09:59] {peterg} yo onix

[09:59] {Larisa1} elepet, onix :)

[09:59] {Threei}  be back in 5

[09:59] {Threei}  keep an eye on SLW

[09:59] {Threei}  it's a typical pullback stock, breaks rarely work on it

[09:59] {Threei}  and of course usual suspect... DRYS

[09:59] {magoo} ar..missed drys

[09:59] {Threei}  sharp jump out of the gate, DRYS

[09:59] {Threei}  need pullback

[09:59] {magoo} BBY nuts

[09:59] {Threei}  DRYS bounce candidate closer to 11

[09:59] {KSystems} Hello kobran

[09:59] {dino} welcome kobran

[09:59] {_kobran} GM

[09:59] {Threei}  morning kobran

[09:59] {Threei} Long Setup:  DRYS  .30 break half lot, stop under .10

[09:59] {Threei}  risky one, market is jerky

[09:59] {ese} long DRYS 1/2

[09:59] {ese} .34

[09:59] {magoo} in 

[09:59] {Threei}  look to partial out or take scalp closer to .50

[09:59] {Threei}  right here

[09:59] {Threei}  half out for me

[09:59] {ese} that daily chart show clear sailing almost to 20

[09:59] {Geo} ty

[09:59] {magoo} out .51 TY

[09:59] {magoo} got in .25

[09:59] {KSystems} half out .53

[09:59] {Threei}  stop for the balance is .25

[09:59] {Threei}  ugh... missed SLW

[09:59] {Threei}  pulled back perfectly close to 5

[09:59] {Threei}  DRYS needs to break .40 now

[09:59] {Threei}  or not likely to work for the balance

[09:59] {dino} t l .48

[09:59] {Threei}  out second half

[09:59] {Threei}  scalps rule still

[09:59] {magoo} oh great..cramer says today starts xmas rally

[09:59] {Geo} bby paid well

[09:59] {Geo} thanks magoo

[09:59] {ese} stopped drys....10 - .24

[09:59] {magoo} ?

[09:59] {Threei}  you took break on it geo?

[09:59] {Geo} yeah with ES

[09:59] {Geo} to help it along

[09:59] {Threei}  ese?

[09:59] {Threei}  DRYS gave 1:1 for first exit, and stop was trailed to under b/e

[09:59] {Geo} [06:33] {magoo} BBY nuts

[09:59] {ese} missed first exit vad when it spied to .50

[09:59] {Threei}  why let it go back to original stop?

[09:59] {ese} thought that naz was heading up

[09:59] {ese} thought that i would hang with it

[09:59] {Threei}  market has no idea where to go...

[09:59] {Threei}  maybe it wanted up but then Cramer came with his rally preditction {G}

[09:59] {ese} indeed........

[09:59] {dino} t stopped

[09:59] {dino} -.22

[09:59] {Threei}  and we all know ehat he does to market

[09:59] {ese} DRYS very volitile.......1/2 was ok 

[09:59] {Threei}  yeah but...

[09:59] {Threei}  there is a logic of the trade

[09:59] {Threei}  even if you missed the exit, strrop is to be trailed after 1:1 is reached

[09:59] {ese} should have followed that......

[09:59] {Threei}  sin no more, OK?

[09:59] {ese} went with original stop just to give it some room but.......ces't la vie

[09:59] {ese} OK

[09:59] {Threei}  FOMC day... jerkiness city

[09:59] {ese} $150.00 lesson....sometimes worth the price

[09:59] {dino} harvard education in the making

[09:59] {ese} ya...for someone esle

[09:59] {Threei}  lol

[09:59] {dino} :)

[09:59] {Threei}  tempting trade:

[09:59] {Threei}  LLTC

[09:59] {Threei}  .26 half lot long

[09:59] {KSystems} stop {.10?

[09:59] {ese} MRVL  might take off after 7 break

[09:59] {Threei}  my connection seems to be flaky guys

[10:00] {ese} OK.....agressive entry MRVL    .95

[10:00] {ese} long

[10:01] {ese} stop .85   seems to be going against market

[10:01] {ese} showing some strenght

[10:02] {Threei}  OMAN OIL MINISTER: OMAN PLANS TO RAISE OIL OUTPUT BY 10K BPD IN 2009

[10:02] {Threei}  - Country is not member of 12 state OPEC

[10:02] {Threei}  - Note: OPEC is expected to cut is daily supply but up to 2M bbll/day at group meeting tomorrow Dec 1

[10:02] {KSystems} LLTC vad, stop under .10?

[10:02] {Threei}  yes sir

[10:02] {Threei}  holding well, looks salmonish

[10:03] {KSystems} thx

[10:03] {Threei}  but still, if market fails it will follow the suit

[10:03] {ese} well lookeee here.....lets just see what happens shall we

[10:03] {ese} 7.69  next resistance for MRVL

[10:04] {ese} indeed

[10:04] {Threei}  nice one ese

[10:04] {Threei}  ok market

[10:04] {Threei}  move your butt

[10:05] {ese} stop to .95

[10:05] {ese} agressive entry agressive stop

[10:07] {ese} market not helping much

[10:08] {Threei}  I'd move LLTC stop to .15 at this point

[10:08] {Geo} heh

[10:08] {Geo} i just did that

[10:08] {Threei}  just want to control risk tighter in tis jerkiness

[10:08] {Geo} you taught well

[10:09] {cosmo} market's  like .... waiting for obama?

[10:10] {Threei}  new high MRVL

[10:10] {Threei}  for FOMC rather

[10:10] {Threei}  plus endless musings from White House... to save Detroit or not

[10:11] {_elepet} missed drys earlier. in at 11.12

[10:11] {Threei}  a bit too much chasing elepet... careful

[10:13] {Threei}  LLTC no worky

[10:18] {ese} common market just one more litle more up there to help MRvl ALONG

[10:20] {dino} hmmm, feels like opening gap fill coming

[10:23] {Threei}  what the

[10:23] {Threei}  look at VIST spread

[10:23] {Threei}  is this for real? :)

[10:23] {Threei}  this is bigger crime than knighting Alan Greenspan

[10:24] {Onix} lol

[10:24] {dino} shall we short it?

[10:29] {Threei}  watch QQQQ for quick pullback into .55 where it should be a scalp bounce candidate

[10:30] {Threei}  WHITE HOUSE: COMMENTS THAT STAKE HOLDERS IN AUTO COMPANIES WILL HAVE TO MAKE CONCESSIONS

[10:30] {Threei}  {F GM}

[10:30] {Threei}  really?

[10:30] {Threei}  I swear they will make me concede the title of master of stating the obvious

[10:31] {ese} a river of molassas is going to move faster than MRVL....playing the trade by the numbers though...no risk

[10:31] {ese} need it to break 7.10 this time or will exit.....even for the day ...what the heck

[10:32] {ese} done

[10:33] {ese} broke .10

[10:33] {ese} giddy up horse....

[10:37] {dino} bby sm s .01

[10:38] {lisa_jay} qqqq @ .55

[10:38] {Threei}  09:28am [SAY] UPDATE: Satyam trades lower after it approves $1.6B acquisition of Maytas Infra

[10:39] {Threei}  serious haircut

[10:39] {ese} ouch.....

[10:39] {Threei}  not sure what's so horrific about that acquisition that warrants such dump

[10:41] {Threei}  6 break starts looking interesting

[10:41] {Geo} 6?

[10:44] {Threei}  watching where it bottoms out prior to break

[10:45] {Geo} i am confused

[10:45] {Geo} which stock

[10:45] {Onix} SAY

[10:45] {Threei}  SAY

[10:45] {Threei}  news above

[10:45] {Threei}  wake up geo

[10:45] {Geo} ahh

[10:45] {Geo} sorry

[10:45] {dino} bby bstop is .11, thing is stuck

06[10:46] * magoo slaps Geo around a bit with a large scalping course

06[10:46] * Threei slaps Geo around a bit with a large cap of cofee

[10:50] {dino} cov bby -.02

[10:50] {Threei}  anyone took Qs for bounce?

[10:50] {KSystems} yep

[10:50] {magoo} me .51

[10:50] {KSystems} 55 - 62

[10:50] {Threei}  :)

[10:51] {magoo} see i not sleepin

[10:51] {dino} ugh vist vad, missed it at 10.60

[10:51] {Threei}  lol dino

[10:52] {magoo} no lauhging..trying to concentrate

[10:53] {lisa_jay} Yes, but only for .08.

[10:53] {Threei}  forgive me for ruining your focus

[10:53] {lisa_jay} Went in late at .57

[10:53] {lisa_jay} Q's i mean.

02[10:54] * Disconnected

02[10:57] * Attempting to rejoin channel #discussions

03[10:57] * Rejoined channel #discussions

[10:57] {Threei}  FOMC day... jerkiness city

[10:57] {ese} $150.00 lesson....sometimes worth the price

[10:57] {dino} harvard education in the making

[10:57] {ese} ya...for someone esle

[10:57] {Threei}  lol

[10:57] {dino} :)

[10:57] {Threei}  tempting trade:

[10:57] {Threei}  LLTC

[10:57] {Threei}  .26 half lot long

[10:57] {KSystems} stop {.10?

[10:57] {ese} MRVL  might take off after 7 break

[10:57] {Threei}  my connection seems to be flaky guys

[10:57] {ese} OK.....agressive entry MRVL    .95

[10:57] {ese} long

[10:57] {ese} stop .85   seems to be going against market

[10:57] {ese} showing some strenght

[10:57] {Threei}  OMAN OIL MINISTER: OMAN PLANS TO RAISE OIL OUTPUT BY 10K BPD IN 2009

[10:57] {Threei}  - Country is not member of 12 state OPEC

[10:57] {Threei}  - Note: OPEC is expected to cut is daily supply but up to 2M bbll/day at group meeting tomorrow Dec 1

[10:57] {KSystems} LLTC vad, stop under .10?

[10:57] {Threei}  yes sir

[10:57] {Threei}  holding well, looks salmonish

[10:57] {KSystems} thx

[10:57] {ese} well lookeee here.....lets just see what happens shall we

[10:57] {Threei}  but still, if market fails it will follow the suit

[10:57] {ese} 7.69  next resistance for MRVL

[10:57] {ese} indeed

[10:57] {Threei}  nice one ese

[10:57] {Threei}  ok market

[10:57] {Threei}  move your butt

[10:57] {ese} stop to .95

[10:57] {ese} agressive entry agressive stop

[10:57] {ese} market not helping much

[10:57] {Threei}  I'd move LLTC stop to .15 at this point

[10:57] {Geo} heh

[10:57] {Geo} i just did that

[10:57] {Threei}  just want to control risk tighter in tis jerkiness

[10:57] {Geo} you taught well

[10:57] {cosmo} market's  like .... waiting for obama?

[10:57] {Threei}  new high MRVL

[10:57] {Threei}  for FOMC rather

[10:57] {Threei}  plus endless musings from White House... to save Detroit or not

[10:57] {_elepet} missed drys earlier. in at 11.12

[10:57] {Threei}  a bit too much chasing elepet... careful

[10:57] {Threei}  LLTC no worky

[10:57] {ese} common market just one more litle more up there to help MRvl ALONG

[10:57] {dino} hmmm, feels like opening gap fill coming

[10:57] {Threei}  what the

[10:57] {Threei}  look at VIST spread

[10:57] {Threei}  is this for real? :)

[10:57] {Threei}  this is bigger crime than knighting Alan Greenspan

[10:57] {Onix} lol

[10:57] {dino} shall we short it?

[10:57] {Threei}  watch QQQQ for quick pullback into .55 where it should be a scalp bounce candidate

[10:57] {Threei}  WHITE HOUSE: COMMENTS THAT STAKE HOLDERS IN AUTO COMPANIES WILL HAVE TO MAKE CONCESSIONS

[10:57] {Threei}  {F GM}

[10:57] {Threei}  really?

[10:57] {Threei}  I swear they will make me concede the title of master of stating the obvious

[10:57] {ese} a river of molassas is going to move faster than MRVL....playing the trade by the numbers though...no risk

[10:57] {ese} need it to break 7.10 this time or will exit.....even for the day ...what the heck

[10:57] {ese} done

[10:57] {ese} broke .10

[10:57] {ese} giddy up horse....

[10:57] {dino} bby sm s .01

[10:57] {lisa_jay} qqqq @ .55

[10:57] {Threei}  09:28am [SAY] UPDATE: Satyam trades lower after it approves $1.6B acquisition of Maytas Infra

[10:57] {Threei}  serious haircut

[10:57] {ese} ouch.....

[10:57] {Threei}  not sure what's so horrific about that acquisition that warrants such dump

[10:57] {Threei}  6 break starts looking interesting

[10:57] {Geo} 6?

[10:57] {Threei}  watching where it bottoms out prior to break

[10:57] {Geo} i am confused

[10:57] {Geo} which stock

[10:57] {Onix} SAY

[10:57] {Threei}  SAY

[10:57] {Threei}  news above

[10:57] {Geo} ahh

[10:57] {Geo} sorry

[10:57] {dino} bby bstop is .11, thing is stuck

[10:57] {Threei}  wake up geo

06[10:57] * magoo slaps Geo around a bit with a large scalping course

06[10:57] * Threei slaps Geo around a bit with a large cap of cofee

[10:57] {dino} cov bby -.02

[10:57] {Threei}  anyone took Qs for bounce?

[10:57] {KSystems} yep

[10:57] {magoo} me .51

[10:57] {KSystems} 55 - 62

[10:57] {Threei}  :)

[10:57] {magoo} see i not sleepin

[10:57] {dino} ugh vist vad, missed it at 10.60

[10:57] {Threei}  lol dino

[10:57] {magoo} no lauhging..trying to concentrate

[10:57] {lisa_jay} Yes, but only for .08.

[10:57] {Threei}  forgive me for ruining your focus

[10:57] {lisa_jay} Went in late at .57

[10:57] {lisa_jay} Q's i mean.

[10:57] {Geo} you got .51 magoo? my charts wrong

[10:57] {dino} last try today l t, .19

[10:57] {magoo} yep

[10:57] {KSystems} welcome back Vad

[10:57] {magoo} was  stalking it before vad merntioned

[10:57] {KSystems} I hope you brought some beer with you, at least

[10:57] {Threei}  grrrr

[10:57] {Threei}  what's with my connection today

[10:58] {Threei}  I guess Victoria cables can't handle anything below zero

[10:58] {Geo} didnt pay your room subscription eh?

[11:01] {dino} hl l ebs .70 stop .47

[11:06] {Threei}  UAUA

[11:06] {Threei}  thing seems to be waking up today after a few days of inactivity

[11:06] {Threei}  not sure about breakout but pullback into .70-.75 is certainly interesting

[11:09] {Threei}  SAY hasn't formed reliable support so far

[11:09] {magoo} out q's .70 

[11:09] {lisa_jay} Q's battling at highs.

[11:09] {magoo} will look to reload

[11:09] {lisa_jay} nice Magoo...2 lots?

[11:10] {magoo} yes

[11:10] {magoo} 2k

[11:11] {magoo} just be careful with size..can not blow a stopo or twice as bad

[11:11] {Threei}  FDIC APPROVES 2009 BUDGET OF $2.2B, INCLUDING $1B FOR DEALING WITH BANK FAILURES

[11:11] {Threei}  and the rest is for?...

[11:12] {dino} parties

[11:12] {Threei}  thought so

[11:12] {Threei}  bonuses... pinyatas...martinis...

[11:13] {dino} t stop to .31

[11:14] {dino} out t, +.12

[11:15] {lisa_jay} Thanks Magoo.

[11:15] {lisa_jay} Vad, if were to have a resting order for agressive entry fro double top on Q's at .71.

[11:15] {Threei}  geo, look dcc plas

[11:15] {lisa_jay} What kind of stop would be reasonable.

[11:16] {lisa_jay} Thanks.

[11:17] {Threei}  you mean short lisa?

[11:17] {lisa_jay} Yes Vad.

[11:18] {Threei}  around .75

[11:18] {Threei}  aggressive entries meant to have tight stops

[11:19] {lisa_jay} Ok, thanks Vad.  I was starting out with .10, but a lot of times the risk:reward was very bad.

[11:19] {lisa_jay} 10c initial stop, and moving too quickly to break even and thus getting stopped out.

[11:20] {lisa_jay} With your idea of tight stop i can let the trade work.

[11:21] {Threei}  that's the idea of aggreassive entries

[11:21] {Threei}  since they are taken so close to invalidating levels, they carry higher odds of being srtopped compensated by a very small size of the stop

[11:25] {Geo} what time fomc?

[11:25] {Threei}  2;15

[11:26] {ese} outa here for the day all....still hangin in with MRVL with a stop at .95....take care

[11:26] {lisa_jay} Bye Ese

[11:26] {Threei}  take care ese

02[11:29] * Disconnected

02[11:29] * Attempting to rejoin channel #discussions

03[11:29] * Rejoined channel #discussions

05[11:29] -Threei- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.

[11:30] {Threei}  jeez

[11:30] {dino} shall we short it?

[11:30] {Threei}  watch QQQQ for quick pullback into .55 where it should be a scalp bounce candidate

[11:30] {Threei}  WHITE HOUSE: COMMENTS THAT STAKE HOLDERS IN AUTO COMPANIES WILL HAVE TO MAKE CONCESSIONS

[11:30] {Threei}  {F GM}

[11:30] {Threei}  really?

[11:30] {Threei}  I swear they will make me concede the title of master of stating the obvious

[11:30] {ese} a river of molassas is going to move faster than MRVL....playing the trade by the numbers though...no risk

[11:30] {ese} need it to break 7.10 this time or will exit.....even for the day ...what the heck

[11:30] {ese} done

[11:30] {ese} broke .10

[11:30] {ese} giddy up horse....

[11:30] {dino} bby sm s .01

[11:30] {lisa_jay} qqqq @ .55

[11:30] {Threei}  09:28am [SAY] UPDATE: Satyam trades lower after it approves $1.6B acquisition of Maytas Infra

[11:30] {Threei}  serious haircut

[11:30] {ese} ouch.....

[11:30] {Threei}  not sure what's so horrific about that acquisition that warrants such dump

[11:30] {Threei}  6 break starts looking interesting

[11:30] {Geo} 6?

[11:30] {Threei}  watching where it bottoms out prior to break

[11:30] {Geo} i am confused

[11:30] {Geo} which stock

[11:30] {Onix} SAY

[11:30] {Threei}  SAY

[11:30] {Threei}  news above

[11:30] {Geo} ahh

[11:30] {Geo} sorry

[11:30] {dino} bby bstop is .11, thing is stuck

[11:30] {Threei}  wake up geo

06[11:30] * magoo slaps Geo around a bit with a large scalping course

06[11:30] * Threei slaps Geo around a bit with a large cap of cofee

[11:30] {dino} cov bby -.02

[11:30] {Threei}  anyone took Qs for bounce?

[11:30] {KSystems} yep

[11:30] {magoo} me .51

[11:30] {KSystems} 55 - 62

[11:30] {Threei}  :)

[11:30] {magoo} see i not sleepin

[11:30] {dino} ugh vist vad, missed it at 10.60

[11:30] {Threei}  lol dino

[11:30] {magoo} no lauhging..trying to concentrate

[11:30] {lisa_jay} Yes, but only for .08.

[11:30] {Threei}  forgive me for ruining your focus

[11:30] {lisa_jay} Went in late at .57

[11:30] {lisa_jay} Q's i mean.

[11:30] {Geo} you got .51 magoo? my charts wrong

[11:30] {dino} last try today l t, .19

[11:30] {magoo} yep

[11:30] {KSystems} welcome back Vad

[11:30] {magoo} was  stalking it before vad merntioned

[11:30] {KSystems} I hope you brought some beer with you, at least

[11:30] {Threei}  grrrr

[11:30] {Threei}  what's with my connection today

[11:30] {Geo} didnt pay your room subscription eh?

[11:30] {Threei}  I guess Victoria cables can't handle anything below zero

[11:30] {dino} hl l ebs .70 stop .47

[11:30] {Threei}  UAUA

[11:30] {Threei}  thing seems to be waking up today after a few days of inactivity

[11:30] {Threei}  not sure about breakout but pullback into .70-.75 is certainly interesting

[11:30] {Threei}  SAY hasn't formed reliable support so far

[11:30] {magoo} out q's .70 

[11:30] {lisa_jay} Q's battling at highs.

[11:30] {magoo} will look to reload

[11:30] {lisa_jay} nice Magoo...2 lots?

[11:30] {magoo} yes

[11:30] {magoo} 2k

[11:30] {magoo} just be careful with size..can not blow a stopo or twice as bad

[11:30] {Threei}  FDIC APPROVES 2009 BUDGET OF $2.2B, INCLUDING $1B FOR DEALING WITH BANK FAILURES

[11:30] {Threei}  and the rest is for?...

[11:30] {dino} parties

[11:30] {Threei}  thought so

[11:30] {Threei}  bonuses... pinyatas...martinis...

[11:30] {dino} t stop to .31

[11:30] {dino} out t, +.12

[11:30] {lisa_jay} Thanks Magoo.

[11:30] {lisa_jay} Vad, if were to have a resting order for agressive entry fro double top on Q's at .71.

[11:30] {Threei}  geo, look dcc plas

[11:30] {lisa_jay} What kind of stop would be reasonable.

[11:30] {lisa_jay} Thanks.

[11:30] {Threei}  you mean short lisa?

[11:30] {lisa_jay} Yes Vad.

[11:30] {Threei}  around .75

[11:30] {Threei}  aggressive entries meant to have tight stops

[11:30] {lisa_jay} Ok, thanks Vad.  I was starting out with .10, but a lot of times the risk:reward was very bad.

[11:30] {lisa_jay} 10c initial stop, and moving too quickly to break even and thus getting stopped out.

[11:30] {lisa_jay} With your idea of tight stop i can let the trade work.

[11:30] {Threei}  that's the idea of aggreassive entries

[11:30] {Threei}  since they are taken so close to invalidating levels, they carry higher odds of being srtopped compensated by a very small size of the stop

[11:30] {Geo} what time fomc?

[11:30] {Threei}  2;15

[11:30] {ese} outa here for the day all....still hangin in with MRVL with a stop at .95....take care

[11:30] {lisa_jay} Bye Ese

[11:30] {Threei}  take care ese

[11:30] {peterg} hmmm

[11:30] {Geo} you know vad should really keep his emotions in check

[11:30] {peterg} good point

[11:30] {Geo} ese leaves and he kicks us all out too

[11:30] {peterg} impulse control disorder

[11:30] {patience} i didn't get dumped, why not, i feel left out

[11:30] {peterg} perfect!

[11:30] {magoo} room dump there

[11:30] {Onix} what are you in patience?

[11:30] {Threei}  this time it's not only me eh

[11:30] {patience} about 20 minute drive south of vad

[11:30] {patience} makes all the difference though doesn't it vad

[11:30] {Threei}  as in?

[11:31] {patience} i can't say it, i keep laughing

[11:31] {peterg} hey patience, vad got dumped too;

[11:31] {peterg} perhaps you are the ultimate force

[11:32] {patience} oh i know they call me something

[11:35] {lisa_jay} nice breakout on q's

[11:40] {lisa_jay} .

[11:40] {Threei}  don't see any news on GNW

[11:40] {Threei}  CNBC'S KUDLOW: SOURES HAVE TOLD HIM THAT OBAMA ECONOMIC TEAM WILL CONVENE THIS AFTERNOON AND DISCUSS A MASSIVE PURCHASE PROGRAM FOR MORTGAGES

[11:42] {Threei}  GNW hard pullback

[11:42] {Threei}  bounce candidate

[11:44] {Threei}  one more leg down most likely

[11:45] {magoo} where u thinking?

[11:45] {Threei}  3.40 - 3.50

[11:48] {Geo} in .64

[11:48] {Geo} was in befor vad made second leg comment

[11:48] {Geo} out

[11:48] {Geo} 1/2 lot

[11:49] {Threei}  wtg

[11:49] {Threei}  I am not confident in my connection enough to call exact targets

[11:50] {Threei}  couple times saw my quotes frozen

[11:50] {Geo} ES upticked so thought you had entered :)

[11:55] {dino} was booted, out t .38, +.13, out tbsi, +.11

[11:57] {lisa_jay} nice

[11:57] {dino} thx

[11:57] {dino} sm l oxy .80

[12:00] {Threei}  PRESIDENT-ELECT OBAMA: THE FED IS RUNNING OUT OF ITS "TRADITIONAL AMMUNITION," INTEREST RATES ARE GETTING TO BE ABOUT AS "LOW AS THEN CAN GO," BELIEVES FED "STILL HAS TOOLS" TO DEAL WITH THE SITUATION

[12:01] {KSystems} like what?

[12:01] {dino} not confidence inspiring

[12:01] {KSystems} magic?

[12:01] {Threei}  F Bills?

[12:01] {Threei}  ok, the following officially decrowns me as master of stating the obvious:

[12:01] {Threei}  (US) TREASURY'S MCCORMICK: SEES ENORMOUS UNCERTAINTY, 2009 GLOBAL OUTLOOK IS CHALLENGING

[12:02] {dino} where do they find these clowns?

[12:03] {Geo} harvard

06[12:04] * Threei slaps laserdave1 around a bit with a large uncertainty for 2009 global outlook

06[12:04] * magoo slaps laserdave1 around a bit with a large a big question of where ya been?

[12:06] {Threei}  come on GNW

[12:06] {Threei}  10-15 cents more down

[12:07] {Threei}  keep an eye on HIG

[12:07] {Threei}  .50 closest support

[12:09] {magoo} ok..but i only have 2 eyes

[12:09] {Threei}  let's hope stem cells progress will help

[12:10] {Threei}  where is chaeron?

[12:10] {Threei}  and dptl

[12:10] {Geo} in the fomc meeting

[12:10] {Threei}  what kind of slacking is that

[12:11] {KSystems} Geo I hope they're going to call you few minutes before announcement

[12:11] {Geo} i asked and he refused

[12:12] {Geo} said i need the superlicious subsription to vad's other room

[12:12] {KSystems} darn

[12:12] {dino} sso s .49

[12:14] {Geo} stope above high dino?

[12:15] {dino} y

[12:15] {dino} .66

[12:20] {Geo} pnw

[12:25] {Threei}  F CEO: CONSUMERS APPRECIATE HOW FORD IS "DIFFERENT" THAN OTHER DOMESTIC RIVALS, BELIEVE FORD IS IN A DIFFERENT PLACE THAN GM & CHRYSLER

[12:25] {Geo} yes its family owned

[12:25] {Threei}  my appreciation is sure there, and it goes as far as driving Nissan

[12:25] {Geo} so they dont want tarp equity dilution

[12:25] {Geo} as its leading to less dividends for family

[12:26] {Threei}  come to papa GNW

[12:26] {peterg} U in?

[12:26] {peterg} or waiting

[12:26] {Threei}  no, want it lower

[12:26] {peterg} k

[12:30] {magoo} u know what cracks me up on GNW?

[12:30] {Threei}  NOV CALIFORNIA MEDIAN HOME PRICE FELL 5% M/M, FELL 34.5% Y/Y - DATAQUICK

[12:30] {magoo} we should have shorted that decline of .25 cents

[12:30] {Threei}  yes but I found out it was shortable too late

[12:31] {Threei}  kind of this built-in assumption that cheapies are not shortable

[12:34] {Threei}  ok GNW, now sharp red bar please

[12:35] {Threei}  under .30

[12:38] {Threei}  According to Jeff Cox's Dec 11th article on CNBC's website http://www.cnbc.com/id/28158499

[12:38] {Threei}  "Some in the industry expect a new influx of day traders amid the rash of layoffs on Wall Street. Experienced traders with the proper capital position-$25,000 is required by law to start a day-trading account, and many brokerages require more-will add another element to a profession that has used the unpredictability of the stock market to its advantage."

06[12:39] * Threei nails to the door a big sign saying "day traders are welcome"

[12:39] {Geo} lol

[12:39] {dino} lol

[12:40] {Threei}  PRESIDENT BUSH: TRYING TO GET THE AUTO BAILOUT DONE IN "EXPEDITIOUS WAY," LOOKING AT ALL OPTIONS FOR AUTOMAKERS

[12:40] {Threei}  {GM F}

[12:40] {patience} before or after they have gone out of business

[12:40] {Threei}  {Automakers} Keep the options. Give us money

[12:41] {Threei}  GNW almost there

[12:41] {magoo} u going doulbe?

[12:41] {Threei}  not sure yet

[12:42] {Threei}  this bard to .28 was almost what I was looking for

[12:42] {Threei}  baar

[12:42] {Threei}  bar

[12:42] {Threei}  there, just three tries

[12:42] {Threei}  really felt a few more cents were in order

[12:42] {Threei}  ugh

[12:46] {Threei}  more than anything, I want to have Al Gore here in Victoria... shove his face in the snow saying "what's that? what's that, you bad boy?"

[12:46] {Geo} lol

[12:48] {Threei}  wow

[12:48] {Threei}  SAY

[12:48] {Threei}  doeas it have any bottom at all?

[12:57] {dino} strange, the news isn't "bad"

[12:58] {dino} sm say l .40, stop .99

[12:58] {Threei}  must be some bag of snakes we know zilch about

[12:58] {dino} maybe they are 3x the stock to aquire?

[13:00] {Threei}  over half a mil canadian jobs under threat is auto industry goes

[13:00] {Geo} wow

[13:01] {Geo} you guys have that many people?

06[13:01] * Geo whistles

[13:01] {dino} lol

[13:02] {Larisa1} vad is quiet, counting may be :)

[13:02] {Geo} this was painfill in .33 out .38

[13:02] {Threei}  not really but each coming to the factory punches the clock twice

[13:03] {Geo} they must have a lot of agression

[13:03] {Threei}  and particular hatred for the clock

[13:03] {Geo} yup also glad i am out

[13:04] {Threei}  larisa... I am not even trying to count anything above 10

[13:04] {Threei}  either I can count it with my fingers or it doesn't exist

[13:05] {Larisa1} do not forget you have legs.. 10 more.. push yourself

[13:05] {Threei}  no

[13:05] {Threei}  thought of it

[13:05] {Geo} higher low vad?

[13:05] {Threei}  but the idea of taking shoes of, then on again...

[13:06] {peterg} Could throw shoes......

[13:06] {Threei}  not sure Geo

[13:06] {Threei}  feels like anther dump is coming

[13:08] {dino} tmi vad

[13:08] {wishbone} lol

[13:08] {dino} :)

[13:12] {dino} sso bstop to .46 won't move

[13:16] {dino} cov sso .41, +.08

[13:20] {dino} geo, you cover ?

[13:20] {Geo} sorry didnt trade

[13:20] {dino} ok

[13:21] {dino} brb

[13:22] {Threei}  TREASURY'S MCCORMICK: SHOULD ENCOURAGE SOVEREIGN WEALTH FUNDS TO INVEST IN THE US - Q&A

[13:24] {Threei}  he ever said how?

[13:25] {dino} yes, w/cash

[13:25] {peterg} they coming to see you, vad

[13:25] {Geo} bonds steadily creeping higher last hour

[13:25] {Geo} not good

[13:26] {dino} rate cut coming geo, bonds up

[13:26] {Threei}  they'll be sorely disappointed peter

[13:26] {Threei}  looks is last thing I am famous for

[13:26] {dino} this may be the peak as not much cutting left

[13:26] {peterg} isn't that just like life!

[13:29] {dino} t l .15

[13:30] {lisa_jay} .

[13:36] {Threei}  PREVIEW: FOMC RATE DECISION DUE OUT AT 2:15PMET

[13:36] {Threei}  **consensus expectation is for a further 50bps cut to 0.50%, a record low for US rates. A few forecasters are predicting a 75bps, including BoA, ING and UBS economists. A tiny minority of economists are forecasting either a 25pbs cut or a full 100bps cut. Fed funds futures are currently pricing in an over 50% chance of a 75 bps cut today.

[13:37] {Threei}  **with the rate likely to move to a record low, and effective rate already so close to zero, alot of talk has been focused on whether the FOMC will use the statement today to discuss the means of future policy actions. While some speculate that the Fed will move directly to some language about a new quantitative directive, it seems more likely that the Fed will aknowledge the immense liquidity operations it has put in place already and leave policy outlook open ended, allowing the FOMC more time to consider how to address the next evolution of policy (more on this discussion may emerge in the minutes of today's meeting upon their release three weeks from now).

[13:52] {wishbone} ...___...

[14:00] {Threei}  starting countdown?

[14:01] {Threei}  15

[14:01] {lisa_jay} Vad, does it matter which ECN we use for Q's or is one better then the other.  Thanks.

[14:02] {Threei}  not really, as long as you have Route Out checked for all of them

[14:03] {Threei}  ISLD and ARCA are preferrable to others

[14:03] {lisa_jay} Ok, thank you.

[14:07] {Threei}  DRYS

[14:07] {Threei}  sharp drop

[14:08] {dino} out t .28, +.13

[14:09] {Onix} gj

[14:10] {Threei}  5

[14:10] {dino} ty

[14:10] {Onix} you are a very patient man dino

[14:11] {dino} lol, 39 min.

[14:12] {dino} uso green

[14:14] {Threei}  1

[14:14] {dino} 2

[14:15] {lisa_jay} 3

[14:15] {Threei}  smart a**es

[14:15] {lisa_jay} :-)

[14:15] {Threei}  (not that there is anything qrong with that)

[14:16] {Onix} the suspense is intollerable!

[14:16] {dino} up,down then close up

[14:16] {Threei}  -1

[14:16] {lisa_jay} down maybe Dino.

[14:16] {lisa_jay} for the day.

[14:17] {dino} ok, a beer

[14:17] {Geo} lol

[14:17] {lisa_jay} sure

[14:17] {dino} :)

[14:17] {magoo} big up at days end

[14:17] {magoo} 300 points

[14:17] {Geo} gs leads?

[14:17] {dino} must be a big lunch

[14:17] {Threei}  it already wears pompons geo

[14:17] {lisa_jay} lol

[14:18] {magoo} on time as usual

[14:18] {Threei}  they still argue

[14:18] {magoo} ben so dumb..prolly no cut

[14:18] {Threei}  1/2 or .5?

[14:18] {Threei}  or 50 bps?

[14:19] {dino} .50 yes

[14:19] {magoo} u think conflict if ben was loaded short here

[14:20] {dino} he's tall magoo

[14:20] {Threei}  5 min late

[14:20] {lisa_jay} news out?

[14:20] {Threei}  no

[14:21] {lisa_jay} something

[14:21] {Threei}  .75

[14:22] {Threei}  *FOMC CUTS RATES 75BPS TO 0.25% (MORE THAN EXPECTED)

[14:22] {Threei}  - To deploy all available tools, see rates at exceptionally low rates for some time.

[14:22] {Threei}  - Vote was unanimous, 10-0.{TLT SHY GLD SPY EUR/USD}

[14:23] {Threei}  in Qs .90

[14:24] {dino} out oxy .35, +.55

[14:24] {lisa_jay} nice

[14:24] {Threei}  out 30.01

[14:24] {Threei}  mess

[14:24] {lisa_jay} yup

[14:24] {dino} ok, time to fall

[14:31] {magoo} out here 07

[14:31] {Threei}  SLW goes nuts

[14:31] {patience} not compared to my barrick kinross and goldcorp and hgu

[14:32] {Geo} still in Qs from 95

[14:32] {dino} say stop to .28 won't move

[14:32] {Geo} half out

[14:32] {Threei}  wtg

[14:33] {Geo} looked like bull flag on one miin

[14:33] {Geo} out

[14:33] {Threei}  looked like donkey tail drawing drunken sketches to me :)

[14:33] {patience} no kidding, i love that look like a jet flying straight up

[14:33] {Geo} hmm early

[14:34] {Geo} but banked

[14:34] {dino} i guess all is right again

[14:34] {dino} ugh oxy

[14:34] {Threei}  ok, full text

[14:34] {Threei}  *FOMC CUTS RATES 75BPS TO 0.25% (MORE THAN EXPECTED); TO DEPLOY ALL AVAILABLE TOOLS TO PROMOTE GROWTH, PRICE STABILITY; SEE RATES AT EXCEPTIONALLY LOW LEVELS FOR SOME TIME

[14:34] {Threei}  - Overall, the outlook for economic activity has weakened further, inflationary pressures have diminished appreciably.

[14:34] {Threei}  - Labor market conditions have deteriorated.

[14:34] {Threei}  - Fed stands ready to expand purchases of agency debt and MBS.

[14:34] {Threei}  - Evaluating the benefits of purchasing longer-term Treasury securities.

[14:34] {Threei}  - Vote was unanimous, 10-0.

[14:34] {Threei}  - Discount rate also cut 75bps to 0.50%.{TLT SHY GLD SPY EUR/USD}

[14:36] {dino} stopped say-.12

[14:36] {dino} sm s sso .30

[14:39] {Threei}  SLWQ pulled back into support

[14:39] {Threei}  SLW

[14:39] {dino} stopped sso .42-.12

[14:40] {dino} rinsed

[14:45] {dino} sm s oxy .04

[14:49] {magoo} Q bounce vad?

[14:49] {Threei}  this pullback should be scalpable

[14:49] {Threei}  one more leg down

[14:49] {Threei}  half lot

[14:49] {dino} cov oxy .64, +.40

[14:49] {lisa_jay} nice Dino

[14:50] {Onix} gj dino

[14:50] {dino} ty

[14:51] {Threei}  got it mags?

[14:51] {magoo} missed 

[14:51] {magoo} went for .95

[14:51] {Threei}  .94 here

[14:51] {Threei}  out 30.07

[14:52] {Geo} in .98 out .06

[14:52] {Geo} got scared

[14:52] {Threei}  rightfully so

[14:52] {magoo} nice guys

[14:52] {Threei}  moves are erratic, take sure profit

[14:53] {patience} took my profit of +.83 on slw.to and now i've lost my read on it...i hate when that happens

[14:53] {magoo} man, i was goinna take AAPL sh 96.20

[14:53] {magoo} look

06[14:54] * dino slaps magoo around a bit with a large trout

[14:54] {dino} engage maverick

[14:55] {magoo} ill take the shot when im god damn ready..u GOT THAT?!! as magoo pushes dino on tarmack

[14:58] {dino} afam sm l .70

[14:59] {dino} wide gappy

[14:59] {magoo} my inetb quotes bad..anyone else?

[14:59] {dino} geo, bottom on tbt?

[15:04] {dino} iret blood

[15:05] {Threei}  GE CEO: ECONOMIC ENVIRONMENT IS TOUGHEST IN A GENERATION - ANALYST MEETING

[15:11] {Threei}  feels like market is going for new highs

[15:12] {Geo} spy lead

[15:12] {Threei}  here we go

[15:14] {lisa_jay} Dino I owe you a beer

[15:14] {Threei}  pullback time

[15:14] {Threei}  did I hear beer?

[15:15] {lisa_jay} For bet on market.

[15:15] {dino}  :)

[15:16] {magoo} [14:17] {magoo} big up at days end

[15:16] {magoo} [14:18] {magoo} 300 points

[15:16] {Threei}  since when 300 points is big?

[15:16] {magoo} roflol..u got me

[15:16] {Threei}  :)

[15:16] {dino} good point 3i

[15:17] {magoo} DRUYS not participating vad

[15:17] {magoo} drys

[15:17] {Threei}  [14:16] {dino} up,down then close up

[15:17] {Threei}  that was very precise read

[15:17] {Threei}  .20 seems to be too much resistance for it mags

[15:17] {magoo} i yelled it to him 

[15:17] {Threei}  but if breaks should jump

[15:18] {dino} lol

[15:25] {Threei}  IMF'S LIPSKY: US ECONOMIC GROWTH MAY RETURN BY THE END OF 2009, US ECONOMY MAY YET SEE WORSE CONDITIONS AHEAD

[15:25] {Threei}  I think he would be even more eloquent if said "may or may not"

[15:25] {Geo} we in anything?

[15:26] {dino} speaks in tongues

[15:26] {magoo} vad Q call?

[15:27] {Threei}  in deep thoughts about happiness, meaning of life aand ways to compare the beauty of the flower to power of internal combustion engine Geo

[15:27] {Threei}  not here mags

[15:27] {Threei}  it was very iffy when it broke 30.20, let alone now

[15:28] {Threei}  I still feel another upward spike is coming

[15:28] {Threei}  but finding an entry in this sharp up and down is tough task

[15:29] {patience} would you hold anything overnight vad?  asia and europe haven't participated on the news yet

[15:30] {Threei}  SLW is pulls back into 5.30 - 5.40

[15:30] {Threei}  is = if

[15:31] {Threei}  rate cut is nice, but we still have that GM/F thingy

[15:32] {patience} i'm thinking i'll cash out by 4, nobody knows nuttin as to what today actually will mean th is week with options

[15:33] {Threei}  yeah, a lot of cures by Fed and Treasury turned out not much but one day wonders lately

[15:33] {Threei}  who said thnis one will be any different

[15:34] {Threei}  and notice... oil is in red

[15:35] {dino} 3:40 spike coming imo

[15:35] {patience} i took a decent amount out of slw.to this week, its daily is over 71 rsi...i'll just scalp it.  it has had 7 up days in a row

[15:36] {patience} dino, this is where you usually say, "you're overthinking it"

[15:36] {dino} not holding anything overnight here

[15:37] {Threei}  "normal" logic would be, cut kills USD, oil's up

[15:37] {dino} no, nothing making senses, good day, protection mode

[15:37] {Threei}  yet oil is red

[15:38] {dino} oxy sm s .53

[15:38] {dino} stop is .73

[15:39] {Threei}  HIG

[15:39] {Threei}  sheesh

[15:41] {patience} out HGU.to +.78

[15:42] {dino} oxy stopped

[15:42] {lisa_jay} are these daytrades Patience or overnights?

[15:42] {patience} mixture, not more than 1 overnight though lisa

[15:43] {Onix} great job patience!

[15:43] {patience} january and february bills are now all paid....feast or famine for me, ty though

[15:43] {lisa_jay} very impressive.

[15:43] {dino} i understand

[15:44] {Onix} hgu or AGU?

[15:44] {patience} hgu

[15:44] {patience} gold etf

[15:45] {patience} horizon betapro

[15:45] {Onix} ty

[15:45] {dino} adp air pocket

[15:46] {Threei}  SLW probing dau high again and again

[15:53] {dino} out afam .10, +.40

[15:53] {Threei}  wtg

[15:53] {dino} ty

[15:53] {Onix} nice!

[15:53] {patience} lovely

[15:54] {Threei}  dino... you do realize you were just called nice and lovely, don't you

[15:55] {dino} indeed, as it should be, lol

[15:55] {Threei}  okkkaaaay... :)

06[15:56] * Threei inconspicuously moves his chair away from dino

[15:57] {dino} 3i, it's ok if a gal calls me lovely

[15:57] {dino} the problem is when you do it

[15:57] {Threei}  that would be a real problem

[15:58] {Threei}  thankfully... snowball has more chance to survive in the oven

[15:59] {patience} thankfully its the end of the day

[15:59] {Geo} ok flat

[15:59] {Geo} rimm paid well

[15:59] {Threei}  I am more likely to silently put a beer on the table

[15:59] {patience} see you tomorrow with seller's remorse no doubt

[15:59] {Threei}  ok guys and gals

[15:59] {Threei}  thank you all

[15:59] {lisa_jay} Thanks Vad.

[15:59] {wishbone} nite all

[15:59] {Threei}  have a good evening, see you tomorrow

[15:59] {Geo} not used to overnight.... thanks all

[15:59] {KSystems} well thank YOU

[16:00] {dino} ty all, good day, had fun

Dec 15 2008

Extremely boring and empty low volume day. Really nothing to say except, umm, extremely boring and empty low volume day

Session Time: Mon Dec 15 00:00:00 2008

[08:30] {Threei}  DEC EMPIRE MANUFACTURING: -25.8V -28.0E

[08:52] {Threei}  08:18am Baltic Dry Bulk Index Rises + 5.1%, sixth straight increase (related: IYM DRYS DSX GMR EGLE EXM )

[08:59] {peterg} Morning all; back in hr pls dont take all the $$

[08:59] {Threei}  peter :)

[09:00] {wishbone} gm all

[09:01] {Threei}  wishbone :)

[09:01] {Threei}  cold enough for ya?

[09:01] {wishbone} no!

[09:01] {wishbone} :)

[09:02] {Onix} Good morning all

[09:02] {Threei}  I for one didn't sign up for this when moved out West :)

[09:02] {Threei}  onix :)

[09:02] {dawg} gm all

[09:02] {Threei}  dawg :)

[09:02] {Onix} hi dawg

[09:03] {dawg} hello Onix

[09:03] {wishbone} here ya Vad...

[09:03] {wishbone} i'd rather be sippin' margheritas under a palm tree somewhere!

[09:03] {Threei}  too true

[09:05] {patience} first time for me to be in weather this cold in victoria

[09:08] {lisa_jay} Good morning everyone.

[09:08] {Onix} hi lisa

[09:09] {lisa_jay} Hi Onix

[09:09] {Geo} gm all

[09:09] {Onix} hi geo

[09:09] {Threei}  lisa, geo :)

[09:13] {lisa_jay} Hi Vad.

[09:13] {ese} morning....it's winter on the island....

[09:14] {Threei}  hi ese

[09:14] {Threei}  it sure is

[09:14] {Threei}  [09:02] {Threei} I for one didn't sign up for this when moved out West :)

[09:14] {Geo} its finally raining down here

[09:14] {Threei}  the only consolation is, Winnipeg is -43

[09:15] {ese} nice Christmas feeling....i will go away shortly thereafter

[09:15] {Threei}  I wonder if dino and magoo have power

[09:15] {ese} -43....ouch

[09:17] {cosmo} the ice sheets are coming....the ice sheets are coming...

[09:17] {Threei}  where is global warming when you need it

[09:17] {cosmo} algore is holding his breath...

[09:19] {cosmo} DRYS pre mkt high = 10.49   fwiw

[09:21] {Threei}  yeah... about a dollar gap, keeps me away for now

[09:23] {dino} gm all

[09:23] {Threei}  dino :)

[09:23] {Threei}  weather has mercy on you?

[09:24] {dino} yes, 50 degrees and rain, melted the snow. was 10 deprees saturday.

[09:24] {_elepet} good morning everybody. north california raining and warmish.

[09:25] {dino} degrees

[09:26] {Threei}  elepet :)

[09:27] {Onix} hi elepet

[09:27] {Onix} hello dino

[09:27] {_elepet} it's about 40' in petaluma at 6:25 am, expected 45' later.

[09:28] {dino} where is that el?

[09:28] {_elepet} north of san francisco

[09:29] {Geo} nice place

[09:29] {Geo} stayed in the petaluma sheraton a few yrs ago

[09:29] {Geo} in the napa sonoma areas

[09:29] {dino} ahhh

[09:29] {_elepet} that's right near my house

[09:30] {Geo} maybe next time.... ill just visit heheheheh

[09:33] {magoo} morning

[09:33] {Threei}  watching INTC for pullback

[09:33] {Threei}  magoo :)

[09:33] {Threei}  .75 - .80 zone for long entry

[09:34] {Threei}  watch NASDAQ for help with entry from here

[09:35] {magoo} any news AAPL vad?

[09:36] {Threei}  00:36am [AAPL] Goldman Sachs Cuts AAPL to Neutral from Buy, price target: $115

[09:36] {magoo} ah ty

[09:36] {Threei}  in

[09:36] {Threei}  stop under .70

[09:38] {Threei}  half out .80

[09:40] {Threei}  stopped second half

[09:40] {Onix} stopped intc

[09:42] {Threei}  DRYS stubbornly strong

[09:42] {cosmo} CIEN too

[09:45] {dino} amzn sm l .50, stop .17

[09:46] {ese} drys....interesting....trying to tell us something maybe......world wide shipment of goods maybe not so bad???

[09:46] {Threei}  [08:52] {Threei} 08:18am Baltic Dry Bulk Index Rises + 5.1%, sixth straight increase (related: IYM DRYS DSX GMR EGLE EXM )

[09:46] {ese} or short covering???

[09:47] {_elepet} confession time. I don.t  really know how to do stops properly. So i held on to drys at 10.47 and am now up 5.00% this is very funny. should i take my profit now?  I really am somewhat clueless.

[09:47] {Threei}  take off 2/3 of your position at least

[09:47] {Threei}  3/4 if enough shares

[09:47] {dino} livermore would say, when you get lucky, book it

[09:48] {Threei}  it has a feel of a runner

[09:49] {ese} L AMLN .22 aggressive entry

[09:49] {dino} amzn stop to .90

[09:50] {Threei}  trail the stop for the remaining shares to under 10.90

[09:50] {_elepet} i dI don't know how to do that.

[09:50] {Threei}  just sell

[09:51] {dino} stopped amzn .90, +.40

[09:52] {dino} elepet, just enter 10.90 sell stop

[09:52] {Threei}  you out yet?

[09:53] {dino} hope so

[09:53] {ese} it's not going to work.......

[09:53] {ese} AMLN that is

[09:53] {Threei}  elepet?

[09:54] {_elepet} yeah i'm out. trying to figure out how much i made.

[09:55] {dino} lod dji, ndx

[09:57] {Threei} Long Setup:  PTEN  .92

[09:57] {Threei}  stop under .80

[09:58] {Threei} Long Setup:  DRYS  half lot .10 break if holding above 11

[10:05] {Geo} both invalid vad?

[10:05] {Threei}  reshaped rather

[10:05] {Threei}  .80 break for PTEN if holding .70

[10:06] {Threei}  11 break for DRYS if holding .85

[10:08] {Threei}  .90 big offer DRYS

[10:08] {Threei}  if market help to scroll through it, should be scalpable

[10:09] {Threei}  that was fast

[10:11] {Onix} stopped pten

[10:12] {Threei}  some serious buying pressure suddenly came on DRYS

[10:13] {Threei}  not sure what's up... but if breaks .25, looks like 12 in cards

[10:13] {Threei}  risky as hell

[10:15] {_elepet} i thfunny, i had figured on 12

[10:17] {dino} golds are moving

[10:28] {Threei} Long Setup:  EGLE  .26 half lot

[10:28] {Threei}  stop under .19

[10:33] {magoo} u like the way DRYS is acxting here vad?

[10:33] {Threei}  can't tell really

[10:34] {Threei}  it was ready for take off when market dropped and held it back

[10:34] {Threei}  it's a strong as it can be under the circumstanceas, but it still needs market help

[10:39] {lisa_jay} .

[10:40] {Threei}  SLW looks breaky

[10:40] {Threei}  slow one

[10:41] {patience} yup, been in it for days

[10:41] {patience} but it pays the bills

[10:43] {dino} cpla sm l .30

[10:43] {dino} stop .93

[10:43] {dino} ebs sm l .83, sdtop .49\

[10:45] {dino} .

[10:46] {Geo} anyone else sitting in egle?

[10:46] {_elepet} i am

[10:46] {Geo} ok

[10:49] {Threei}  it went over .40

[10:50] {Threei}  that was 1 to how much??

[10:50] {dino} read the mkt wrong

[10:50] {Geo} i did take 2/33 off

[10:50] {Geo} just wondering on trail

[10:50] {Threei}  ah OK then

[10:50] {Geo} out

[10:50] {peterg} nice one

[10:51] {dino} ebs stopped

[10:54] {dino} f'ing nyse w/hard stops, picked me off and ran

[10:57] {dino} cpla stopped

[10:58] {Chaeron} good morning all

[10:58] {Threei}  chaeron :)

[11:00] {dino} gm ch

[11:00] {lisa_jay} Hi Chaeron

[11:00] {Threei}  what was that on SLW just now

[11:01] {dino} watching amzn, afam, axys fwiw

[11:01] {ese} adding another 1/2 lot of AMLN....avg price will be .05

[11:02] {ese} will be an interesting day trade....if market rises...stop is .80

[11:08] {Threei} Long Setup:  GG  half lot ,30 break

[11:08] {Threei}  stop under .10

[11:09] {Threei}  GM

[11:09] {Threei}  REPORTEDLY GMAC BOND HOLDERS COMMITTEE HAS AGREED TO A BOND SWAP FOR UP TO $10.5B IN DEBT - UNCONFIRMED REPORT

[11:17] {Threei}  market is really sleepy

[11:18] {patience} fomc meeting tomorrow?

[11:18] {Threei}  yeah

[11:18] {patience} it's just that they are so creative now

[11:19] {magoo} i really thought we were to have strong up market this week........sigh

[11:20] {dino} amzn sm l .75

[11:20] {dino} stop .47

[11:20] {Threei}  I guess too much uncertainty, with Big 3 mostly

[11:21] {lisa_jay} gg stop still under .10 Vad?

[11:21] {Threei}  to me yes... if uncomfortable, can be trailed to .15

[11:21] {lisa_jay} thanks

[11:21] {Threei}  but difference is not material as far as I am concerned for a half lot

[11:27] {dino} don't think!

[11:27] {Threei}  moot point dino... we couldn't even if we wanted to {G}

[11:28] {dino} lol

[11:29] {Threei}  (US) TREASURY SPOKESPERSON: TREASURY IS STILL REVIEWING THE DETAILS OF A POTENTIAL AUTO BAILOUT, NO DECISIONS HAVE BEEN MADE YET

[11:29] {Threei}  {GM F}

[11:30] {magoo} wish they would zip-da-lip

[11:31] {magoo} mkts trying here..they killing it with jabber

[11:32] {dino} partiel fill cpla l .74

[11:32] {dino} ok, got it sm .74 l stop .39

[11:35] {Threei}  very long stall... no idea whch way it resolves whenit finally does

[11:36] {Geo} out 

[11:39] {dino} shall i flip the coin?

[11:39] {Threei}  or consult gut

[11:39] {dino} gut in limbo

[11:39] {Threei}  coin then

[11:39] {peterg} hmmmmm....do I feel lucky?

[11:40] {peterg} or just yucky?

[11:40] {peterg} (poetry)

[11:40] {Threei}  can't a fella be both?

[11:40] {peterg} yes!

[11:40] {KSystems} well then...I gotta go again..dad's birthday

[11:41] {KSystems} be back tomorrow

[11:41] {dino} contra coin flip, tails, it's up

[11:41] {Threei}  take care KS, have fun

[11:41] {KSystems} you too ;) dont fall asleep

[11:41] {magoo} bye KS

[11:41] {dino} cya ks

[11:41] {magoo} aapl ,ong .50 to go over 95

[11:41] {magoo} RISKY small

[11:42] {magoo} stop .17

[11:42] {magoo} start reading DRYS vad

[11:44] {Threei}  until market defines direction, nothing to read really

[11:44] {Threei}  mess within narrow range

[11:46] {dino} pins and needles, needles and pins

[11:53] {magoo} 94.70 turned aapl back twice here

[12:03] {lisa_jay} .

[12:04] {dino} nice point lj

[12:06] {Threei}  very fine point, I agree

[12:06] {lisa_jay} sorry...just testing if i was asleep or not.

[12:06] {dino} lol

[12:06] {peterg} perhaps .0001 or 0002

[12:07] {dino} indeed

[12:07] {peterg} quite right, quite right

[12:10] {magoo} diein' a hard way to make a livin'

[12:11] {dino} geoy hl l .10, stop .88

[12:13] {dino} we all gotta die magoo

[12:15] {magoo} u first lol

[12:16] {ese} outta here for the day....4 more shows with my high school rhythm and blues band this week.....and then......ALCHOHOL!!!!!

[12:17] {Threei}  take care ese :)

[12:17] {ese} see ya vad

[12:18] {dino} cya es

[12:20] {Threei}  I need some device capable of keeping eyelids open

[12:21] {Geo} flexible toothpicks work well

[12:21] {Threei}  scoth tape?

[12:21] {Geo} atleast they did in tom and jerry

[12:24] {dino} gorilla glue

[12:24] {Threei}  half out GG

[12:24] {Threei}  can't believe thing finally moved

[12:25] {magoo} thats from a while back correcty

[12:25] {Threei}  more than hour ago

[12:26] {dino} hours=days in this business

[12:26] {dptl} good morning all

[12:26] {Threei}  dp :)

[12:26] {dino} gm dp

[12:26] {Threei}  negotiated snowy roads or what?

[12:27] {dino} amzn to b/e

[12:27] {dptl} it's not that bad here...just was busy :)

[12:27] {dino} geoy won't move tighten to .94

[12:29] {dino} out amzn .98, +.23

[12:29] {patience} good stuff dino, no trades for me yet

[12:30] {dino} ty

[12:30] {dino} eqix spike

[12:30] {dino} missed, too fast

[12:34] {Threei}  gosh, I just looked at volume

[12:34] {Threei}  next to non-existent

[12:39] {Threei}  out second half GG

[12:40] {Threei}  USO went red, don't want to hold gold stock

[12:47] {Threei}  CLWR

[12:47] {Threei}  HOSTING PRESS CONFERENCE WITH INTC ON JAN 6 TO INTRODUCE NEW 4G MOBILE NETWORK TECHNOLOGY

[12:47] {Threei}  {INTC}

[12:48] {Threei}  why don't I get CLWR quotes

[12:48] {Geo} same here

[12:48] {Geo} in esignal too

[12:48] {Threei}  last day on daily is 11/28

[12:48] {Threei}  shrug

[12:49] {dino} geoy stopped -.16

[12:49] {tomg} ty egle earlier vad

[12:49] {Threei}  tom :)

[12:50] {tomg} bad weather, power off and on now

[12:50] {Threei}  yikes

[12:51] {Threei}  had internet outage yesterday for about an hour

[12:51] {tomg} yesterday 60F, today 30F and icy

[12:51] {wishbone} did u sign up for this when u moved to vic vad?

[12:52] {Threei}  decisively no

[12:52] {Geo} lol

[12:52] {wishbone} have u looked outside?

[12:53] {Threei}  I refuse to

[12:53] {wishbone} try it.....

[12:53] {Threei}  nope

[12:53] {Threei}  just lwet me know when it's over

[12:53] {wishbone} you'll regret it!

[12:54] {wishbone} :)

[12:54] {patience} gee vad, the council supply residents on our street with free vodka

[12:55] {Threei}  hmmm

06[12:55] * Geo packs up to move

[12:56] {patience} funny to think the council just trucked in snow from ski hills 4 hours away so the kids could experience snow

[12:56] {Threei}  cheery neighbors made a snowman

[12:56] {Threei}  I snapped a picture from the window

[12:56] {Geo} so you did look !!!!

[12:56] {Threei}  yeah :(

[12:56] {Threei}  now I need counceling

[12:57] {Threei}  psychological trauma, you know

[12:58] {wishbone} sunny, clear skies give you psychological trauma?

[12:58] {Threei}  no... but snow-covered ground does

[12:59] {wishbone} oh...gives you flashbacks to Winnipeg!

[13:00] {Threei}  eqzaktly

[13:00] {Threei}  *DEC NAHB HOUSING MARKET INDEX: 9 V 10E

[13:00] {wishbone} lol...ya been there 6 too many times

[13:00] {Threei}  any of them in the dead of the winter?

[13:01] {Threei} Short Setup: USO  half lot 37 break if stays under 37.15

[13:02] {Threei}  ugh

[13:02] {Threei}  not in a short list

[13:02] {Threei}  lol... 1:1 in one second

[13:03] {wishbone} ya 4...the other 2 were during mosquito heaven?

[13:03] {Threei}  then you have full appreciation of the place :)

[13:03] {wishbone} of course:)

[13:03] {Threei}  1:2 USO

[13:04] {Threei}  if nothing else, at least paper trade it for educational purposes

[13:04] {Geo} sniff

[13:04] {Threei}  yeah

[13:18] {Threei}  with almost 2/3s of trading day gone, volume is 1/3 of Friday's

[13:18] {Threei}  DRYS hard selloff

[13:21] {Threei} Long Setup:  USO  37 break half lot if stays above .85

[13:22] {dino} axys sm l .99, stop .63

[13:23] {Threei}  yuck

[13:23] {Geo} wo

[13:23] {Geo} sneaky

[13:24] {dino} alog smackdown

[13:24] {Geo} try again?

[13:24] {Threei}  I am out breakoeven into this bounce

[13:25] {Threei}  it wants higher maybe but this volatility is not to my liking

[13:25] {Threei}  no control

[13:34] {dino} tbsi l .30, stop lod

[13:35] {Threei}  wow

[13:35] {Threei}  and I mean wow

[13:36] {lisa_jay} yes...my 3c loss looks nice now

[13:36] {Geo} yup

[13:36] {Threei}  good thing I decided againsat trying to squeeze something out of it

[13:36] {Threei}  50 second in a blink of eye

[13:36] {Threei}  50 cents, sorry

[13:37] {lisa_jay} r q"s cup handle now

[13:37] {Threei}  and half of it back in a blink of second eye

[13:45] {Threei}  lol, look at USO

[13:47] {Threei}  ok, this is relief:

[13:47] {Threei}  AIG

[13:47] {Threei}  NOTES IT HAS NO EXPOSURE TO THE MADOFF SCHEME

[13:47] {Threei}  just think about it - there is some scheme AIG has no exposure to

[13:50] {dino} surprised they didn't add; "that we know of"

[13:50] {Threei}  lol

[13:50] {lisa_jay} Vad, Q's any setup here....too choppy to bother i guess.

[13:50] {Threei}  just an low volume jerky mess lisa

[13:51] {Threei}  crapshoot, may get a scalp, may get scalped, 50/50

[13:51] {Threei}  no need to accumulate stops

[13:51] {patience} even the computer program trading machines are bored lisa

[13:51] {Threei}  lol

[13:51] {lisa_jay} Yeah.

[13:51] {lisa_jay} There is my answer Vad.

[13:51] {Threei}  any valid setup will shake you out only to bounce back right away

[13:52] {Threei}  but the one you refuse to take stop on will continue against you

[13:52] {lisa_jay} Murphy's law.

[13:52] {Threei}  yup

[13:57] {Geo} vad dcc pls

[13:57] {Threei}  do I have to?

[14:01] {dino} no

[14:10] {peterg} OK, heres a question for you laser users: on account summary, theree is tickets, shares, etc.  realized, unrealied and ratio.

[14:10] {peterg} what is ratio?

[14:11] {peterg} expenses to profits?

[14:12] {peterg} dont mean to disturb anyone's nap

[14:13] {Threei}  funny thing is, peter,

[14:13] {Threei}  at some point I wondered,

[14:13] {Threei}  found out

[14:13] {Threei}  and totally forgot now

[14:13] {peterg} and have forgotten!

[14:13] {Threei}  yup

[14:13] {peterg} you dont think its % of expense 

[14:13] {Threei}  no

[14:14] {Threei}  something to do with positive/negative trades

[14:14] {peterg} ok, I dont care about that, I think

[14:14] {peterg} Am trying to get a feel for per cent of profit consumed by expenses in laser

[14:14] {peterg} not too hard to figure

[14:15] {Threei}  on the analysis page there are:

[14:15] {Threei}  overnight ratio

[14:15] {Threei}  total ratio

[14:15] {Threei}  passthrough ratio

[14:15] {Threei}  commissions ratio

[14:15] {Threei}  and net ratio

[14:16] {Threei}  I am sure something of this is what you are looking for

[14:16] {peterg} thks

[14:26] {magoo} so much for the santa claus rally theory

[14:26] {Threei}  well, there is time still

[14:26] {wishbone} ho ho...no

[14:26] {patience} this is the rally until tax selling starts shortly

[14:26] {Threei}  considerFOMC tomorrow and GM/F uncertainty

[14:27] {Threei}  we still may post a nice rally when those things resolve

[14:27] {Geo} made a few bad trades today... need some castor oil

[14:27] {Threei}  and from pure chart point of view, so far all we have is a very shallow pullback on a very low volume

[14:29] {peterg} From a personal point of  view it is so boring that I am going to go look at more cell phone possibilities.

[14:30] {Threei}  Rogers offered me a free Blackberry Curve with just $15/month more than my current plan

[14:30] {Threei}  GPS model

[14:30] {peterg} Sounds good

[14:30] {Threei}  ... and I turned it down

[14:30] {peterg} Smarter yet

[14:30] {Threei}  lol

[14:31] {peterg} Keep old until dies

[14:31] {Geo} i am trying to get rid of my 8830 but company wont let me

[14:31] {peterg} whats 8830 geo?

[14:31] {Geo} blackberry

[14:31] {peterg} yeah

[14:32] {peterg} what do you want?

[14:32] {peterg} instead?

[14:32] {Geo} no phone

[14:32] {peterg} wow, radical

[14:32] {peterg} implant

[14:32] {peterg} landline

[14:32] {peterg} walkie talkie

[14:32] {Geo} better still have a guy who holds the phone for me

[14:32] {peterg} I like it

[14:32] {Threei}  home pigeon

[14:32] {Geo} and says " the boss isnt available"

[14:33] {dino} just be like me and don't turn it on

[14:34] {peterg} that was me at the beginning of the cell phone movement.

[14:34] {peterg} Now use it to dominate children

[14:34] {peterg} and spous

[14:34] {peterg} not sure who dominates who

[14:34] {Geo} bidu !!!

[14:34] {dino} wife gets mad about it, but i told her i bought so i could make calls not receive

[14:35] {Geo} true

[14:35] {Geo} I NEVER REFUSE WIFE CALLS

[14:35] {Geo} hehehe

[14:35] {Geo} keeps me well fed

[14:35] {dino} lol

[14:36] {peterg} you like bidu up or down?

[14:36] {dino} tbsi stop to .42

[14:36] {dino} out +.12

[14:36] {Geo} me? no idea... i dont touch anything ove 100

[14:36] {Geo} one of my rules

[14:37] {peterg} dino, you done with tbsi?

[14:37] {Threei}  (US) PRESIDENT-ELECT OBAMA ADVISOR TYSON: QUANTITATIVE EASING IS THE WAY TO GO, FED SHOULD ACT TO MITIGATE ECONOMIC FEAR - TV INTERVIEW

[14:37] {Threei}  - Notes she has called for a stimulus with a "big number."

[14:37] {dino} out. but nice pattern between .26-.45

[14:37] {peterg} nice

[14:37] {dino} hits .26 i will go again

[14:37] {Threei}  QUANTITATIVE EASING?

[14:37] {Threei}  do they have any more room to ease after tomorrow's cut?

[14:38] {dino} they are going to mail out $10k to everybody

[14:38] {Threei}  I hope canaians aincluded

[14:39] {Threei}  I'll accept copndition to spend it in US

[14:39] {dino} lol

[14:39] {dino} drys same pattern, .15-.90 peter

[14:40] {dino} brb

[14:42] {Threei}  (KU) KUWATI OIL MINISTER: BELIEVES THAT OPEC WILL CUT OUTPUT AT ITS UPCOMING MEETING

[14:42] {Threei}  - Oil inventories are at a five-year high.

[14:42] {Threei}  - Noting that Kuwait is "having trouble" finding customers.

[14:43] {Threei}  "having trouble" finding customers? Did they ever stop to think of such outcome when prices were skyrocketing?

[14:43] {Threei}  why do I feel very little sympathy...

[14:43] {magoo} i feel really bad for the arabs right now..its sad

[14:44] {Threei}  ok mags, wait for me couple min

[14:44] {Geo} yeah mee too

[14:44] {Threei}  I'll try hard to join you in these feelings

[14:44] {Geo} all downgrading to maseratis

[14:44] {Threei}  trying....

[14:44] {Threei}  trying....

[14:44] {Threei}  nah, no go

[14:44] {Threei}  don't wait for me anymore

[14:44] {Geo} am i gald vad was talking about feelings

[14:45] {Threei}  oh, but I am extremely sensitive type

[14:45] {Threei}  feeling is all I talk about

[14:45] {Threei}  I also cry when see pretty sunset

[14:45] {Threei}  or that thing

[14:45] {Threei}  what do you call it

[14:45] {Threei}  oh... flower

[14:45] {Geo} sheeeeesh

[14:45] {Geo} slow trading tay

[14:46] {Threei}  ya think?:)

06[14:46] * Geo ducks

[14:46] {Threei}  1 hour left, volume is half of Friday's

[14:49] {Geo} http://online.wsj.com/article/SB122929670229805137.html

[14:49] {Geo} etf and volatility

[15:04] {lisa_jay} anything for happy hour?

[15:05] {Threei}  looking lisa

[15:05] {Threei}  maybe last hour activity will bring something

[15:05] {Threei}  but I officially nominate this day the most boring day of 2008

[15:06] {lisa_jay} Yeah.

[15:07] {lisa_jay} Those big red candles are not inspiring any confidence i guess.

[15:07] {dino} watching t, stalking tbsi

[15:08] {Threei}  DRYS pullbacks are scalpable

[15:17] {Threei}  ummm... so far last hour is just as empty and boring

[15:26] {dino} alog l .17

[15:31] {Threei}  in hindsight I am beaiting myself for not caling DRYS for bounce ay .86

[15:31] {Threei}  felt right but this day probably weighed on me

[15:31] {Onix} hindsight always 20-20 hey?

[15:31] {Threei}  especially mine

[15:32] {Threei}  you have no idea how high quality my hindsights are of

[15:32] {Threei}  I'd say I achieve 21/20

[15:32] {cosmo} 20-10 if yur're really good

[15:32] {Onix} lol

[15:32] {Geo} vad all i am going  to say is.....

[15:32] {Threei}  don't

[15:32] {Geo} i respect your trading skills

[15:32] {Threei}  ah OK

06[15:33] * Threei puts trout back in holster

06[15:33] * Geo sniggers about the unsaid

[15:33] {dino} out alog .33, +.16

[15:34] {Onix} gj

[15:34] {lisa_jay} nice dino.  

[15:34] {dino} ty lucky

[15:35] {Threei}  wow

[15:35] {dino} 3:40 rally?

[15:35] {Threei}  that's more than I expected from DRYS last bounce

[15:35] {lisa_jay} Market giving more than .05c move finally.

[15:36] {dino} mkt spiked

[15:36] {lisa_jay} What the **** was that?

[15:36] {magoo} think DRYS going for 211?

[15:36] {Threei}  no news

[15:36] {Geo} oooooooh

[15:36] {magoo} 11?

[15:36] {Threei}  low volume environment

[15:36] {Threei}  moves are a bit eaggerated

[15:36] {Threei}  really doubt that mags

[15:36] {cosmo} 12?

[15:36] {Threei}  sigh

[15:37] {dino} ugh alog

[15:41] {peterg} the sheik be buyin

[15:41] {peterg} from a small office in Qatar, he surveys the known universe through universal scanners

[15:42] {peterg} and knows the futures

[15:42] {peterg} future

[15:42] {Threei}  and futures

[15:42] {peterg} so much the better

[15:42] {Geo} why qatar?

[15:42] {peterg} met a sheik from there 

[15:42] {Geo} its the poorest sheikdom

[15:43] {peterg} not any more i think

[15:43] {Geo} lol

[15:43] {peterg} :)

[15:47] {Threei}  somewhat labored "rally"

[15:48] {Threei}  I mean if that were a rally for my cause, I'd feel really underappreciated

[15:48] {Geo} heheh

[15:48] {peterg} dove by sheik's house in UAE; dude had two personal planes--small one was Airbus A3XX; large one was 747.

[15:49] {peterg} just rambling on sheik thread

[15:49] {Geo} i cuold tell ya stories

[15:50] {Threei}  anyonbe watching DRYS? geleportation setup quite a few times, absolute copy of what we used to play on UAUA

[15:51] {Threei}  geo is now known as Scheherezade

[15:52] {magoo} where u entering?

[15:52] {Threei}  no way to tell in advance mags

[15:52] {Threei}  remember how it played out with UAUA?

[15:53] {peterg} so is pure emo play?

[15:53] {_elepet} i am always watching drys. keep going in and out.

[15:53] {peterg} making $?

[15:54] {_elepet} yep. about $400 a day

[15:54] {peterg} nice

[15:54] {Geo} nice 

[15:54] {_elepet} it's my pet.

[15:54] {Threei}  aka personal ATM

[15:55] {Geo} elePET

[15:55] {Threei}  lol

[15:56] {Geo} vad whats laser port number again pls?

[15:56] {Threei}  15905

[15:56] {Geo} ty

[15:56] {Geo} rebuilt pc

[15:59] {Threei}  Ok guys

[15:59] {lisa_jay} Vad, quick DCC please.

[15:59] {Threei}  if you insist I will apologize for the market being so boring today

[15:59] {Threei}  but I really don't want to

[15:59] {Threei}  so you better don't insist

[16:00] {dino} out axys +.-06 whoo-hoo

[16:00] {dino} +

[16:00] {Threei}  have a good evening, see you tomorrow

[16:00] {dino} u2

[16:01] {_elepet} bye. 

[16:01] {peterg} was watching DRYS so intently, did not notice market closed

[16:02] {peterg} wondered why no price action.

[16:02] {peterg} thks all.

[16:04] {dino} been there peter

02[16:10] * Disconnected

Session Close: Mon Dec 15 16:10:42 2008

Dec 12 2008

A few good educational discussions, one is pre-market. And yeah, profitable day again. Boring, I know. Sorry.

Session Time: Fri Dec 12 00:00:00 2008

[08:30] {Threei}  NOV ADVANCE RETAIL SALES: -1.8% V -2.0%E; LESS AUTOS: -1.6% V -1.8%E

[08:30] {Threei}  *NOV PRODUCER PRICE INDEX M/M:-2.2 % V -2.0%E; PPI EX FOOD&ENERGY M/M: 0.1% V 0.1%E

[08:38] {hawkfan4} morning

[08:40] {patience} good morning   :)

[08:40] {Threei}  hawk, patience :)

[08:42] {_elepet} good morning

[08:42] {Threei}  elepet :)

[08:54] {Onix} gOOD MORNING ALL

[08:55] {Onix} sorry for the caps,it is not that good!

[08:55] {cosmo} good for a buggy whip rebound maybe?

[08:56] {Onix} yes, that could easily happen

[08:59] {cosmo} EXEL

[08:59] {cosmo} 4.65 pr mkt high

[08:59] {Threei}  onix, cosmo, ese :)

[08:59] {cosmo} 3i:)

[09:00] {KSystems} Good morning :)

[09:00] {Threei}  ks :)

[09:00] {Onix} hi ks

[09:02] {peterg} all; saw tv say market tanks after bailout denied. doesnt look so badf

[09:02] {cosmo} DRYS pr mkt high = 7.86  fwiw

[09:02] {cosmo} should hold 7.50  ...?

[09:06] {dino} gm all, end of days again

[09:06] {Threei}  dino :)

[09:06] {Onix} hi dino

[09:08] {peterg} i mean good morning all

[09:08] {Threei}  peter :)

[09:08] {Threei}  market is climbing back

[09:09] {Threei}  waiting for plan B as in TARP funds to automakers?

[09:09] {Geo} good morning

[09:09] {Threei}  geo

[09:09] {Onix} hi peter

[09:09] {Threei}  lol, there you go

[09:09] {Threei}  WHITE HOUSE AIDE: PRESIDENT BUSH WOULD CONSIDER USING TARP FUNDS TO HELP AUTOMAKER

[09:09] {Threei}  - Letting the automakers fail would be irresponsible.{F GM}

[09:12] {dino} this auto game reminds me of tarp game. need 6 votes to get it, do damage, drag it out for political shining, then vote it through

[09:12] {cosmo} no auto maker left behind...

[09:12] {Onix} you can read their minds already Vad?

[09:13] {Threei}  thought yesterday when they rekected a loan that would be a theme today, Onix

[09:13] {Threei}  I find it hard ti imagine they would let them fail now

[09:13] {Threei}  last thing Bush wants is to have this last stain

[09:13] {Onix} true .. just stalling like dino says

[09:13] {Threei}  he will prefer to postpone this decision and leave it to next prez

[09:14] {Threei}  so in this or that form, it will go throuhg

[09:14] {Threei}  and dino's analogy is dead on

[09:14] {dino} remember sept votes, 6 or so off. repeating imo

[09:15] {Threei}  I intend to be very conservative and risk-averse today guys

[09:15] {dptl} good morning all

[09:15] {Threei}  dp :)

[09:15] {Onix} hi dp

[09:15] {dptl} :)

[09:16] {Threei}  one reason is obvious, jerky market in highly fluid situation with constant news barrage

[09:16] {Threei}  another is...

[09:16] {Threei}  I've run incredibly long streak of winning days, can't even remember last losing one

[09:16] {Threei}  I think more than month ago

[09:16] {ese} morning

[09:16] {Threei}  there are odds

[09:17] {Onix} hi ese

[09:17] {Threei}  and I have to account them in

[09:17] {ese} hey onix

[09:17] {Threei}  whe inevitable losing day comes, I want damage to be minimal

[09:17] {dino} i understand vad

[09:17] {Threei}  the worst thing you can do in this situation is to decide that it's your genius in works,

[09:18] {Threei}  and you are immune to losses

[09:18] {wishbone} gm all

[09:18] {Threei}  wishbone :)

[09:18] {Onix} hi wishbone

[09:18] {Threei}  healthy dose of humbliness is necessary

[09:19] {Onix} otherwise the market WILL do it to you?

[09:19] {Threei}  and being humble is not really my character trait... so gotta deliberately restrain myself :)

[09:19] {Threei}  exactly onix

[09:19] {Threei}  doeas it sound familar:

[09:20] {Threei}  you win, win, win, having great streak,

[09:20] {Threei}  then one day comes

[09:20] {Threei}  that eats absolutely disproportional portion of your winnings

[09:20] {Onix} way too familiar

[09:20] {Threei}  there

[09:20] {Threei}  this is ego at work

[09:20] {lisa_jay} Hello everyone

[09:21] {Threei}  lisa :)

[09:21] {Onix} hi lisa

[09:21] {Threei}  you decided subconsiously it's not odds, it's not your system,

[09:21] {Threei}  it's YOU

[09:21] {Threei}  great and terrbile, invincible

[09:21] {Threei}  rules don't apply to you

[09:21] {Threei}  you will win anyway

[09:21] {Onix} ha-ha-ha

[09:21] {Threei}  following rules or breaking them, you are above the rules

[09:22] {Threei}  well... smackdown comes inevitable, and hard smakdown it will be

[09:22] {dino} been there

[09:22] {Threei}  yeah... ask me how I know :)

[09:22] {Onix} structure & discipline or i go under

[09:22] {peterg} just when I wuz gonna increase my share size to 2000

[09:23] {peterg} kidding

[09:23] {peterg} whom the gods would destroy, first they make proud

[09:23] {Threei}  very true

[09:23] {Threei}  http://www.realitytrader.com/blog/2007/09/costly-hiccups-do-you-have-any.html

[09:25] {Threei}  there is time for everything... sure, push harder when you are hot, but remember to start slowing down at some point

[09:25] {Threei}  and let natural cycles work their magic

[09:25] {ese} news on EXCEL anyone

[09:25] {ese} sory EXEL

[09:25] {Threei}  05:54am [EXEL] Enters global collaboration deal with BMY on two cancer programs; to receive $195M cash payment from BMY

[09:26] {ese} tks vas

[09:26] {ese} vad

[09:26] {ese} cannot spell this morning

[09:26] {Threei}  this morning? I am full of envy

[09:27] {lisa_jay} .

[09:28] {ese} morning lisa

[09:29] {lisa_jay} Hi Ese.

[09:30] {Threei}  DRYS pulled back into premarket support

[09:31] {Threei}  and bounced off it faster than I could blink

[09:32] {dino} downgrade drys to underperform fwiw

[09:34] {ese} bstop EXEL .51

[09:35] {ese} L EXEL .54 

[09:36] {Threei}  *US TREASURY READ TO PREVENT FAILURE OF US AUTOMAKERS

[09:36] {ese} stop .35

[09:36] {Threei}  ready I guess

[09:36] {Threei}  in the line above

[09:37] {ese} Out EXEL .72 lot and a 1/2 +.20

[09:37] {dino} gj

[09:37] {lisa_jay} nice

[09:37] {patience} nice ese  :)

[09:37] {ese} quick

[09:38] {dino} shld

[09:38] {Threei}  *US TREASURY: READY TO PREVENT FAILURE OF US AUTOMAKERS, PREPARED TO ASSIST INDUSTRY UNTIL CONGRESS RECOVENES

[09:38] {Threei}  {GM F}

[09:38] {Threei}  yup... can will be kicked down the road

[09:39] {dino} retail stronger

[09:39] {dino} amzn, shld cost

[09:39] {dino} etc

[09:40] {ese} L AMLN 3/4 .49

[09:41] {ese} stop .25

[09:41] {Threei}  DRYS, looking for bounce off .60 roughly

[09:42] {magoo} lisddslhdghkdjds.j

[09:43] {patience} good morning magoo

[09:43] {lisa_jay} Hi Magoo.

[09:45] {Threei}  mags :)

[09:46] {Threei}  feels like dump is coming

[09:47] {ese} hmmmm thought AMLN was gonna stop me there

[09:48] {Threei}  AMLN can be treacherous that way

[09:48] {ese} ya those big long minute bars don't look comforting for sure

[09:49] {ese} oh well....stop is in place we'll see

[09:49] {ese} STOPPED!!!

[09:50] {Threei}  hmmm... no dump

[09:51] {dino} strange

[09:51] {ese} look at it....what a piece of ......&^%^&%$&^

[09:51] {dino} lol

[09:52] {dino} i don't trust this bounce

[09:53] {ese} AMLN you mean

[09:53] {Threei}  ese, I think AMLN should be ignored on traditional breakout setups and bought for scalp on shakeouts

[09:53] {dino} markets i was thinking es

[09:53] {ese} whole heartedly agree

[09:55] {Threei}  DEC PRELIMINARY UNIVERSITY OF MICHIGAN: 59.1 V 54.5E

[09:57] {cosmo} green

[09:57] {dino} ndx green

[09:58] {cosmo} :)

[09:58] {dino} comp green

[10:00] {Threei} Long Setup:  F  2.90 if stays above 2.80

[10:02] {Threei}  UAW press conference

[10:02] {Threei}  on TC

[10:02] {Threei}  TV

[10:02] {Geo} invalid i guess

[10:03] {peterg} Bring back Walter Reuther. Samuel Gompers, they were interesting people

[10:03] {peterg} I went to school with the son of Saul Alinsky, if any remember him.

[10:03] {peterg} Interestingt people

[10:04] {peterg} a "community organizer."

[10:05] {Threei}  are you listening to this?

[10:05] {peterg} qqqq keeps going up

[10:06] {peterg} no tv here

[10:06] {Threei}  guy talks about the negotiations as if it were poker

[10:06] {Threei}  they tried to guess who bluffed, who had really strong hand

[10:06] {lisa_jay} he does look a little scared though

[10:07] {Geo} what i am amazed at is they are basically not willing to compete

[10:08] {dino} the unions much give or the workers will be out of work, imo

[10:08] {Geo} yup

[10:09] {Geo} looks like its blindingly obvious to everyone except them

[10:09] {Threei}  I guess they just play this high stakes game

[10:09] {ese} look at AMLN.......all I can say is "ALCHOHOL WORKS" !!!!

[10:10] {Threei}  counting on current powers to provide something to sustain them till Obama takes over,

[10:10] {Threei}  then having different regime and climate

[10:10] {Threei}  DRYS pulled back into support

[10:10] {Threei}  ugh... too fast again

[10:11] {Threei}  two supports here:

[10:11] {Threei}  8.50, questionable one

[10:12] {Threei}  8.30, much stronger

[10:12] {Threei}  I'll wait for another leg down

[10:12] {Threei}  there it goes

[10:13] {Threei}  come on, dive more

[10:15] {dino} mkts dropping

[10:16] {Threei}  (US) SENATOR CORKER: USING TARP FUNDS WITHOUT PROPER CONDITIONS MAY NOT BE SUCCESSFUL

[10:16] {Threei}  UAW PRESIDENT: CALLS ON THE TREASURY, FED TO ASSIST THE AUTOMAKERS, BELIEVES "THESE ARE THE ONLY OPTIONS LEFT"

[10:16] {Threei}  - Were prepared to negotiate with bill along terms provided by the White House

[10:16] {Threei}  - Had reached tenative pact with Senate Rep Crocker, GOP caucus could not be convinced of plan

[10:16] {Threei}  - Republican proposal would have required massive exchange of equity from company

[10:16] {Threei}  - Under the impression that they were being 'set up' by Republican senators

[10:16] {Threei}  - Were prepared to put job bank elimination in the bill, GOP pressed for parity with foreign auto companies operating in US{F GM}

[10:17] {Threei}  GM CO. ENCOURAGED BY THE WHITE HOUSE SAYING IT WOULD CONSIDER USING TARP FUNDS TO HELP THE AUTO INDUSTRY

[10:17] {Threei}  - says will work closely with the Administration

[10:17] {lisa_jay} drys at .30 level

[10:18] {lisa_jay} Any interest still Vad?

[10:18] {Threei}  yes but market feels like another leg down coming

[10:18] {Threei}  want to have market on our side

[10:19] {Threei}  finger on a trigger

[10:21] {Threei}  sheesh

[10:21] {magoo} in .46

[10:21] {Threei}  I am way too hesistant I guess

[10:21] {Geo} in .40

[10:21] {Threei}  hit my buy zone perfectly

[10:22] {Geo} out all

[10:22] {dino} sso hl s .5, stop .52

[10:22] {Threei}  wtg guys

[10:23] {lisa_jay} I am even more hesitant Vad...waited for dip under 30 with strenght to show and buy at .31.  Sigh.

[10:23] {Threei}  just no feeling of pattern forming confidently

[10:23] {dino} sso s was .25

[10:24] {lisa_jay} news driven day

06[10:27] * Geo slaps Threei around a bit with a large trout

[10:27] {Geo} [07:21] {Threei}  I am way too hesistant I guess

[10:27] {Geo} vad wants a perfect score

[10:27] {Threei}  no

[10:28] {Geo} j/k

[10:28] {Threei}  just don't want to get into so-so trade without having confident read on it

[10:28] {Geo} that isnt a fun answer :)

[10:29] {Threei}  sorry

[10:29] {Threei}  here is fun one

[10:29] {Geo} chop zone now i guess

06[10:29] * Threei slaps Geo around a bit with a large piece of uncertainty in the market

[10:29] {Geo} heheh

[10:34] {dino} cov sso .02, +.23

[10:35] {patience} nice dino, i'm just sitting in silver wheaton

[10:35] {dino} ty, going slow today

[10:36] {Chaeron} good morning all

[10:36] {Threei}  chaeron :)

[10:36] {lisa_jay} Hi Chaeron.

06[10:36] * dino slaps Chaeron around a bit with a large trout

[10:37] {Chaeron} Hi Threei, Lisa :) Dino...

06[10:37] * Chaeron slaps dino around a bit with a large trout

[10:37] {dino} :)

[10:37] {Chaeron} backatcha

[10:38] {Onix} hi chaeron

[10:38] {Chaeron} come on guys and girls... It's friday, let's kick it up

[10:38] {Onix} or down?

[10:38] {Chaeron} Onix :) hope you're doing good

[10:38] {Onix} so-so ty

[10:38] {Chaeron} ("well" as raven would correct me

[10:39] {dino} well

[10:39] {dino} opps

[10:39] {Chaeron} PRU

[10:39] {magoo} any read q vad?

[10:39] {Threei}  up for the moment

[10:39] {Threei}  not very far

[10:40] {Threei}  kind of scalp... but can't find the entry

[10:40] {Threei}  maybe this:

[10:40] {Threei}  .07 with stop under 29

[10:41] {Geo} ?

[10:41] {Geo} short?

[10:41] {Threei}  [10:39] {Threei} up for the moment

[10:41] {Threei}  how is it short?? :)

[10:42] {Geo} then confused about .07

[10:42] {Threei}  I was answering magoo's question about Qs

[10:42] {Geo} ahhhhh

[10:42] {Geo} i saw the big PRU

[10:42] {Geo} sorry

[10:42] {Geo} i need coffee

[10:42] {Threei}  1:1 btw, Qs

[10:42] {Geo} drat

[10:43] {Geo} still frantically scanning pru

[10:44] {Chaeron} sorry Geo... my fault

[10:44] {Threei}  anyone took that Qs?

[10:44] {magoo} looking for more vad

[10:44] {magoo} .30 area

[10:44] {Geo} nah..... getting scatterred here

[10:44] {magoo} me

[10:44] {Threei}  maybe mags... but do me a favor

[10:45] {Threei}  sell half

[10:45] {magoo} nope

[10:45] {Threei}  sigh

[10:49] {lisa_jay} gg vad

[10:50] {magoo} sigh its still scalpers mkt only i guess

[10:53] {magoo} out .30 vad TY

[10:53] {peterg} .30

[10:54] {lisa_jay} nice

[10:54] {peterg} just remarking, not making; nice mag & vad

[10:54] {magoo} finally out DRYS .73

[10:54] {magoo} TY vad

[10:55] {dino} yum hl l .50

[10:55] {dino} stop .23

[10:56] {Threei}  welcome mags

[10:56] {dino} dji wants flat imo

[11:05] {Geo} eked out 7o bucks today

[11:05] {Geo} need to leave 11:30 for kids recitals.....

[11:06] {magoo} well thats roughly $35/hour

[11:06] {Geo} not bad i guess

[11:06] {Geo} half the autoworkers

[11:06] {Threei}  lol

[11:06] {Threei}  in DRYS half lot ..69

[11:06] {Threei}  stop under .60

[11:06] {Threei}  counting on another leg up QQQQ

[11:07] {Threei}  half out .81

[11:08] {magoo} waiting .95

[11:08] {magoo} kicjng

[11:17] {Threei}  holding well this time while Qs retreat

[11:17] {Threei}  ideally, we would get sharp spike in the market now

[11:17] {Threei}  that would have sent DRYS rocketing

[11:18] {dino} feels like whoosh lower

[11:18] {Threei}  yeah

[11:19] {Threei}  anyway, stop is under b/e on second half

[11:19] {dino} sso s hl .50. stop .76

[11:20] {Threei}  out

[11:23] {dino} yum stopped -.17

[11:33] {dino} yum rinsed

[11:42] {dptl} .

[11:50] {Threei}  ‘Should I be worried about Bear Stearns in terms of liquidity and get my money out of there?’ No! No! No! Bear Stearns is fine! Do not take your money out. … Bear Stearns is not in trouble. I mean, if anything they’re more likely to be taken over. Don’t move your money from Bear! That’s just being silly! Don’t be silly!” —Jim Cramer, responding to a viewer’s e-mail on CNBC’s Mad Money, March 11, 2008

[11:51] {wishbone} lol

[11:51] {Threei}  6 days before collapse

[11:51] {dino} cov sso .26, +.24

[11:52] {Threei}  [A]nyone who says we’re in a recession, or heading into one—especially the worst one since the Great Depression—is making up his own private definition of ‘recession.’” —Donald Luskin, The Washington Post, Sept. 14, 2008

[11:52] {magoo} where'd u find that?

[11:52] {Threei}  The day after Luskin’s op-ed, “Quit Doling Out That Bad-Economy Line,” appeared in the Post, Lehman Brothers filed for bankruptcy, and the rest is history.

[11:53] {Threei}  http://www.foreignpolicy.com/story/cms.php?story_id=4569&print=1

[11:56] {dino} geoy l hl .51

[12:02] {Threei}  DRYS returns to 9 for the 3rd time

[12:09] {Threei}  F...

[12:09] {Threei}  and I mean stock symbol, not what you just thought

[12:09] {dino} hey!

[12:09] {Threei}  lol

[12:09] {magoo} F U lol

06[12:10] * Threei slaps magoo around a bit with a large Dictionary of Decent Words

[12:12] {magoo} in russo?

[12:13] {Threei}  nope

[12:13] {magoo} germanic?

[12:14] {magoo} [12:13] {Threei}  nope

[12:15] {dino} canadianese?, lol

[12:19] {Threei}  DRYS is going to break this time

[12:20] {KSystems} you buying it?

[12:20] {Threei}  9.05

[12:20] {Threei}  if getting hit

[12:20] {Threei}  with stop under .90

[12:22] {Threei}  come on, move

[12:23] {Threei}  WILL ANNOUNCE LATER TODAY THAT IT IS CLOSING OF 30% OF NORTH AMERICAN PLANTS FOR Q1, CUTTING PRODUCTION BY 250K UNITS - CNBC

[12:23] {Threei}  - Reminder: Honda made a similiar announcement earlier today, cutting production by 119K units{F HMC TM}

[12:24] {Threei}  SALES CHIEF: RECENT DECEMBER SALES FIGURES ARE 'STRONG' WHEN COMPARED WITH NOVEMBER AND OCTOBER

[12:24] {Threei}  offering half .20

[12:28] {Threei}  half out .17

[12:28] {Threei}  just to decrease risk

[12:28] {Threei}  still feel it's upward bound

[12:29] {Threei}  stop just under 9 for the balance

[12:30] {ese} outta here for the weekend all see next week 

[12:30] {Threei}  take care ese

[12:30] {Threei}  stay safe in the snow

[12:30] {ese} see ya vad

[12:30] {wishbone} cya ese

[12:31] {patience} i don't have snow vad, there will be no snow....

[12:31] {wishbone} its raining here patience

[12:31] {Threei}  I hope

[12:31] {patience} exactly wishbone

[12:34] {Threei}  come on DRYS

[12:37] {Threei}  offering 1/4 .28

[12:37] {Threei}  taken

[12:38] {Threei}  last part don't know yet

[12:38] {Threei}  .45 feels about right

[12:38] {dptl} .47 :)

[12:38] {Threei}  okay :)

[12:39] {Threei}  lol, hit .45 exactly but haven't took out my offer

[12:39] {Threei}  out .35

[12:39] {Threei}  me happy

[12:40] {Threei}  who followed?

[12:40] {KSystems} i was shaken out when it touched .99

[12:40] {dptl} hehe ...you won out .30 ty

[12:40] {Threei}  uh, no

[12:40] {Threei}  dp :)

[12:41] {Threei}  sharp spike down, just 1 cents under 9, and lower band came right there for support

[12:41] {Threei}  I usually don't exit that literally

[12:41] {Threei}  typical shakeout

[12:41] {KSystems} yes...now i do see it

[12:42] {Threei}  better give it a few cents more, especially considering that first half was secured already

[12:42] {KSystems} i see

[12:42] {KSystems} thanks

[12:42] {Threei}  :)

[12:42] {wishbone} thnxs for the insight vad

[12:43] {wishbone} i've been shaken out like that many times before

[12:46] {Threei}  if you see the pattern repeating that undermines your pwrformance... what do you do? :)

[12:46] {Threei}  have a look at MPP part discussing optimizing your performance

[12:47] {Threei}  deals with exactly this

[12:48] {KSystems} I may have misinterpreted the situation with "dont lower your stop just because it may be triggered"

[12:48] {KSystems} and accepted it

[12:49] {Threei}  okay, let's make this distinction, lest I give an impression I advocate ignoring or discretionary widening the stops

[12:50] {Threei}  last thing you want to do is to move your stop lower simply because you don't want to take a loss

[12:50] {Threei}  what I mean here is the following

[12:50] {Threei}  Now and then you run stats on your trades as discussed in MPP

[12:50] {Threei}  to see if there is a certain pattern

[12:50] {Threei}  repeating itself over and over

[12:51] {Threei}  and taking you our ot trades too soon or too late.

[12:51] {lisa_jay} I think this is why you prefer to use manual stops vs. putting in system.

[12:51] {Threei}  Overtightened stops will for example be obvious if you see that on too many of your trades stock reversed very close to your stop point,

[12:51] {Threei}  just enough to shake you out.

[12:52] {Threei}  You will put your entries and exits on the chart

[12:52] {Threei}  and see what happened after your exit.

[12:52] {Threei}  If most of them did just that - you know your stops are too tight.

[12:52] {Threei}  You run very simple stats thaty show you how your result would look had ttou move a stop a few cents lower

[12:53] {Threei}  You see your profit increasing - you got your answer.

[12:53] {Threei}  This pattern of stocks diving 1-2 cents under your trailed stop and reversing immediately - I saw it way too often,

[12:53] {wishbone} can u print graphs from laser?

[12:53] {Threei}  started looking at charts closer

[12:54] {Threei}  and saw that in cases when stop was touched on sharp spike down

[12:54] {Threei}  and on touch of lowed band

[12:54] {Threei}  lower

[12:54] {KSystems} =bollinger band?

[12:54] {Threei}  they bounced immediately more often than tey continued down

[12:54] {Threei}  yes

[12:54] {KSystems} ok

[12:55] {Threei}  so, I run some paper trades

[12:55] {Threei}  saw the effectiveness of correction

[12:55] {Threei}  and made it.

[12:55] {KSystems} great advise as usual, thank you

[12:55] {KSystems} I am actually on paper for the rest of the year, to sort out things like that

[12:55] {Threei}  oh, it's all in MPP...

[12:55] {KSystems} going to go live in january

06[12:55] * Threei slaps KSystems around a bit with a large Master Profit Plan

[12:55] {wishbone} Vad is this partly why you changed band to 13 and st dev to 1.7?

[12:56] {KSystems} I should read it again

[12:56] {Threei}  just found that setting works better for intraday wishbone

[12:56] {wishbone} ok ty

[12:58] {Threei}  I am about to cry here

[12:58] {Threei}  profitable day again

[12:58] {Threei}  (so far)

[12:59] {Threei}  scared to get out of the house, briicks ough to start dropping from the sky on me

[13:00] {Threei}  lisa... you promised to laugh at my next not funny joke???

[13:00] {Threei}  that ws as it!

[13:00] {magoo} ivve seen a change in your trading vad since reading MTT

[13:00] {lisa_jay} oh....well.

[13:00] {Threei}  sigh

[13:00] {magoo} mtt=magoos trading techniques

[13:00] {Threei}  magoo... sorry, lost me

[13:01] {Threei}  ah

[13:01] {Threei}  that

[13:01] {Threei}  I honestly tried to read it

[13:01] {Threei}  but come on, you could put more in there that drunkenly drawn sketches of beer bottle and naked women

[13:02] {lisa_jay} Do you have any old Russian remedies for warding off evil (jealousy) Vad.  Then just follow it step by step.

[13:03] {Threei}  jealousy of what?

[13:03] {lisa_jay} You said that you were scared to go out of house due to everyday being profitable.

[13:04] {Threei}  well... it's unnaturally long streak

[13:04] {dino} ironically, magoo's always ducking out of the way of (thrown) bricks

[13:04] {Threei}  and I start feeling sometimes that posting those days one after another I start looking like one of those gurus who claim never being wrong

[13:04] {lisa_jay} :-)

[13:04] {Threei}  but hell... record is public in a form of calls in trading logs

[13:05] {Threei}  and yes, I do have recipe

[13:05] {Threei}  or to be exact modification

[13:05] {KSystems} We can quote that as {Threei} [...] I start feeling [...] like one of those gurus [...] never being wrong

[13:06] {Threei}  they say a cure from one woman is another... so to apply it to trading, best cure is do the same

[13:06] {dino} lol ks

[13:06] {wishbone} lol ks

[13:07] {wishbone} spin city

[13:14] {dino} mcd sm s .34

[13:33] {magoo} .

[13:39] {Threei}  http://realitytrader.com/vad/Tofino/

[13:39] {Threei}  uploaded a few photos for you

[13:40] {Threei}  chaeron... you specifically asked

[13:40] {Threei}  so I'll pretend that was for you personally, just to make you feel special

[13:40] {dino}  cov mcd .96, +.40

[13:41] {peterg} nice, can almost hear the waves

[13:41] {peterg} nice you too dino

[13:41] {peterg} you worked for it

[13:41] {Threei}  I made a little slide show with just that sound effect :)

[13:41] {dino} ty pete

[13:41] {wishbone} that one wi/ the wave curl is cool

[13:42] {Threei}  but I'll be damned if I know how to upload it

[13:42] {Threei}  whatever I do, only clickable image appears,

[13:42] {Threei}  and won't play after clicking on it

[13:42] {KSystems} what program did you make the slideshow with?

[13:42] {Threei}  Proshow Producer

[13:43] {Threei}  it gave me three files

[13:43] {dino} hmmm, mkt dropped about same time as yesterday

[13:43] {KSystems} which ones?

[13:43] {Threei}  html, swf and fiv

[13:43] {KSystems} i mean, the extension

[13:43] {KSystems} ahh

[13:43] {Threei}  uploaded all three

[13:43] {KSystems} just the biggest one

[13:43] {patience} chart patterns i'm watching have been pretty similar last few days dino

[13:43] {Threei}  fiv

[13:43] {KSystems} u sure its not flv?

[13:44] {Threei}  flv

[13:44] {KSystems} great

[13:44] {KSystems} its the format youtube uses

[13:45] {KSystems} you can upload it there

[13:45] {Threei}  can I upload it to my site?

[13:45] {Threei}  I know it's possible, my videointerview ikn that format

[13:45] {KSystems} yes just upload it

[13:45] {KSystems} it should play

[13:46] {Threei}  ok, trying again

[13:46] {Threei}  to the same folder, will tell when it's there

[13:46] {Geo} back.... we in anything?

[13:47] {Threei}  no

[13:47] {Geo} cool

[13:47] {Threei}  missed nice DRYS trade earlier

[13:47] {Threei}  you missed I mean

[13:47] {Geo} ah well kids recital worth it

[13:47] {peterg} what instrument?

[13:47] {Geo} nah christmas recital singing

[13:47] {peterg} voice instrument

[13:48] {Geo} she is 4

[13:48] {peterg} cute

[13:48] {Threei}  {wishbone} that one wi/ the wave curl is cool

[13:48] {Threei}  [13:42] {Threei} but I'll be damned if I know how to upload it

[13:48] {dino} wmt sm l .06

[13:48] {dino} stop lod

[13:49] {Threei}  wishbone... can't tell you hiow many shots it took to catch that moment :)

[13:49] {wishbone} and it's breaking against the rocks on rhs

[13:50] {wishbone} how close were you....were you using zoom?

[13:50] {Threei}  also had to watch out... position on the top of those rocks gave the bext angle but didn't feel very safe, lol

[13:50] {wishbone} ya i bet lol

[13:50] {Threei}  fairly close

[13:50] {Threei}  and patience scared me with tales of rogue waves

[13:51] {Threei}  KS... uploaded

[13:51] {KSystems} ok  its playing here

[13:51] {KSystems} but it may be because of some extra software i have installed

[13:51] {KSystems} can someone else try as well?

[13:52] {lisa_jay} tofino show..played on my computer too.

[13:52] {Threei}  OK... enjoy then :)

[13:52] {lisa_jay} thanks vad

[13:52] {Threei}  I'll watch it on my belowed big screen tv in dvd format, lol

[13:53] {Threei}  or beloved

[13:53] {Threei}  not sure what I need to do to embed it... when I click it suggests me to download it

[13:55] {KSystems} thats right

[13:55] {KSystems} download it and play it in a media player

[13:55] {KSystems} its not too trivial to embed it

[13:56] {Threei}  well, html file it created opens it embedded on my comp

[13:56] {Threei}  but not when I upload it

[13:56] {patience} very beautiful vad

[13:56] {Threei}  ty

[13:59] {Threei}  oh, and music... I composed and played too

06[14:00] * Threei is thinking, what the heck, bricks are going to drop on my head anyway, might just as well take some more credits

[14:01] {peterg} Im dreaming of a white brickmas

[14:02] {peterg} est. time to complete tofino download; five minutes

[14:02] {Threei}  wow

[14:03] {peterg} must be feature lenght movie hm?

[14:03] {peterg} or computer inhabited by gremlins, etc

[14:03] {Threei}  what are you, on 32K modem? :)

[14:03] {peterg} original 2k

[14:04] {peterg} nah, full bore adsl

[14:04] {Threei}  it's just 33 MB

[14:04] {peterg} well, maybe Ill end up hosting your site in my computer

[14:09] {dino}  out wmt .40, +.34

[14:09] {lisa_jay} nice dino

[14:09] {patience} you're having a good day dino

[14:09] {dino} finally,

[14:10] {dino} dec. hot and cold

[14:16] {Threei}  got a feeling DRYS is preparing surprise?

[14:18] {peterg} up or down?

[14:18] {Threei}  up...

[14:18] {peterg} calling it?

[14:19] {Threei}  tentatively

[14:19] {Threei}  needs market help

[14:20] {peterg} not getting it yet

[14:20] {Threei}  no

[14:21] {Threei}  but if market bounces, .31 long for scalp[

[14:21] {Threei}  with stop under .25 or .20

[14:23] {Threei}  half out

[14:23] {Threei}  .43

[14:23] {peterg} got .08 ty vad

[14:23] {Threei}  :)

[14:24] {KSystems} ok ladies and gentlemen

[14:24] {KSystems} I'm out for the day

[14:24] {Threei}  take care ks

[14:24] {KSystems} Have a great weekend and see you all on Monday!

[14:24] {peterg} K K! 

[14:24] {magoo} bye KS

[14:24] {wishbone} cya ks

[14:29] {dino} cya ks

[14:35] {dino} t & hon raised dividends today

[14:39] {Threei}  see how willing DRYS is?

[14:41] {Threei}  interestinfg scalpable pattern on it

[14:41] {Threei}  huge offer taken out

[14:41] {Threei}  almost always gives quick relatively safe 10-15 cents

[14:42] {Geo} got it

[14:42] {Geo} had missed your last call

[14:43] {Threei}  .42 was latest instance

[14:43] {Threei}  but broke while I typed

06[14:43] * Chaeron slaps laserdave1 around a bit with a large trout

[14:44] {Chaeron} Dave - please DCC

[14:44] {dino} out geoy .82, +.31

[14:44] {Threei}  wtg

[14:44] {dino} took a(w)hile

[14:45] {dino} c'mon, family guy joke

[14:45] {Threei}  gosh

[14:45] {Threei}  now I remember :)

[14:46] {dino} :)

[14:46] {Chaeron} heheh... love Stewie

[14:46] {Threei}  wouldn't get it without explanation :)

[14:48] {dino} funny show

[14:48] {dino} brbv

[14:50] {Threei}  market helps

[14:52] {Chaeron} DCC Dave?

[14:52] {Geo} in

[14:52] {Threei}  from?

06[14:53] * Chaeron slaps laserdave1 around a bit with a large trout

[14:53] {Geo} .7

[14:53] {Threei}  saw that huge offer being taken out?

[14:53] {Geo} y

[14:53] {Threei}  cool beans

[14:53] {dino} oil waking

[14:53] {Geo} loving it vad

[14:53] {Threei}  I hit it too, but I went for scalp type I

[14:54] {Geo} still nursing 200

[14:54] {Geo} out

[14:54] {Threei}  love it when I describe a pattern and you guys utilize it on your own

[14:55] {Threei}  like with those UAUA teleportations

[14:55] {Threei}  tricks that appear now and then on different stocks and are very playable by careful observer

[14:56] {Threei}  CREE

[14:56] {Threei}  TICKING HIGHER AS CEO APPEARS ON CNBC

[14:56] {Threei}  - CEO: Expects to benefit from any Obama Administration, state government spending on energy efficiency.

[14:58] {Threei}  so Geo

[14:58] {Threei}  your wining streak continues uninterrupted?

[14:58] {Geo} this is third week

[14:59] {Threei}  good

[14:59] {Geo} averaged 1X for me overall

[14:59] {Threei}  I am looking for someone to get hit by brick rain

[14:59] {Geo} having lower X helps confidence lol

[14:59] {Threei}  so I don't feel alone

[14:59] {Geo} not me

[14:59] {Geo} i was pious at christmas recital

06[15:00] * Geo folds hands and looks sideways

[15:00] {Threei}  you'd better take that .80 break on DRYS

[15:00] {Threei}  worked like charm for a quick scalp again

[15:01] {Geo} slowing down as goal met

[15:01] {Geo} now only will take gold plated blinking light calls

[15:01] {Threei}  I just can't pass free money

[15:01] {Geo} sigh

[15:01] {Geo} 100 at .86

[15:01] {Threei}  I mean, Qs spiking, huge offer at day's high being scrolled through

[15:02] {Geo} beautifull

[15:02] {Chaeron} dang it I knew I shoud have gotten that Platinum Membership like Geo has  with th blinking lights and whistles.

[15:02] {Threei}  virtually guaranteed 5-6 cents in 5 seconds

[15:02] {Threei}  how can I skeip it

[15:02] {Threei}  with market being jerky and sensitive to news that may come out any swcond, I prefer to do type I on these right now

[15:03] {dino} out oxy at .20, +.50

[15:03] {Threei}  wow dino

[15:03] {Geo} dino taking revenge for last couple of das

[15:03] {Threei}  das included?

[15:03] {Geo} das boot !!!

[15:04] {dino} lol geo just lucky

[15:09] {Threei}  I just finished conversation with the luckiest person on earth

[15:09] {Threei}  get this

[15:09] {Threei}  guy phones, old buddy I haven't headr from in about a year

[15:09] {Threei}  says listen,

[15:10] {Threei}  I was terribly busy with some personal stuff, romance got bad, then good, then bad again, in short - total seesaw in personal life

[15:10] {Threei}  and now that I got a chance to look around

[15:10] {Threei}  I hear there is some financial crisis or something

[15:11] {Threei}  could you give me quick breakdown what that's about?

[15:11] {Threei}  I said, you know what... live happily for a few months more, I'll tell you when it's over one way or another

[15:12] {Threei}  I am full of envy

[15:14] {Threei}  okay, no one talks to me... monastery

[15:14] {lisa_jay} Friday evening...

[15:14] {Threei}  happy hour in monastery

[15:15] {Threei}  sen Dodd on TV

[15:16] {dino} who was that rfr calling?

[15:16] {Threei}  lol

[15:17] {dino} i was serious

[15:17] {Threei}  no :)

[15:17] {Threei}  SEN DODD: WHITE HOUSE MAY ANNOUNCE SOME ACTION ON AUTOMAKER BAILOUT LATER TODAY OR THIS WEEKEND

[15:17] {Threei}  {GM F}

[15:22] {laserdave1} chaeron dcc

[15:31] {dino} vad, gj on the calm/lay-back speech this morning, helped me out

[15:32] {Threei}  :)

[15:32] {patience} dino, you making the 3:40 call?

[15:36] {dino} i just said it to magoo, gun them up at 3:40, let's see

[15:36] {Threei}  dawg, you alive out there?

[15:36] {Threei}  haven't heard from you in a week

[15:38] {dino} here it goes

[15:39] {Threei}  .45 drys

[15:39] {Threei}  huge offer

[15:39] {dino} theres' 50 pts dji

[15:41] {dawg} just getting use to Laser Vad only had it running since Monday but a nice trade in Drys thank you!

[15:41] {Threei}  :)

[15:42] {Threei}  don't hesitate to ask if have questions

[15:42] {Threei}  and bug dave to no end

[15:42] {lisa_jay} Hi Dawg!

[15:42] {dawg} Will do ty

[15:42] {Threei}  getting feel for how powerful that thing is?

[15:42] {dawg} Hi Lisa you have been doing well

[15:43] {lisa_jay} Been distracted a lot...got sick kids back to back staying home :-(

[15:44] {lisa_jay} Not much time to trade.

[15:44] {dawg} I know how  that goes Lisa

[15:46] {dino} hows that for a 3:40

[15:46] {patience} yup, they are using the same pattern

[15:47] {dptl} have a good weekend all

[15:48] {lisa_jay} Bye DPTL

[15:48] {Threei}  take care dp

[15:48] {dino} between 12-1:30 they bring them down too patience, look at 5 day

[15:48] {dino} cya dp

[15:49] {patience} i've taken to watching the 10 minute charts to get a better idea of what is happening

[15:50] {dino} i like daily/3 ,in and 5 day 12

[15:50] {dino} in=min

[15:52] {Threei}  going to wrap it up on this

[15:52] {Threei}  thank you all, have a great relaxing weekend

[15:52] {Threei}  see you all on Monday

[15:53] {lisa_jay} Thanks Vad.  Learnt a lot this week.  

[15:53] {Threei}  great to hear Lisa

[15:53] {Threei}  I intend to be here for a few weeks more, before I finally depart to my monastery...

[15:53] {Threei}  so... :)

[15:54] {lisa_jay} Will figure out which monastery...and send Geo and Chaeron with new questions for you.

[15:54] {dino} lol

[15:54] {dino} you aren't going anywhere hot shot

[15:55] {Threei}  make sure they carry a lot of beer, meat and, ummm, deep scientific magazines

[15:55] {lisa_jay} I'm sure they will. 

[16:06] {dino} gn all