Tuesday, January 13, 2009

Jan 13, 2009

Day started out nice, with a few good trades, notably ADBE short. Then things turned into repetition of yesterday so we cut down on activity. Took couple stops, took couple scalps - all in all, we could finish the day after first morning trades just as well.

Session Time: Tue Jan 13 00:00:00 2009

[07:08] {nemo} guten morgen
[07:55] {Threei}  Good morning sleepless souls
[07:56] {nemo} Age...
[07:56] {Threei}  yup
[07:56] {nemo} vodka
[07:56] {Threei}  nope
[07:56] {nemo} 5:00 am there?
[07:57] {Threei}  uhhu
[07:58] {magoo} morning
[07:58] {Threei}  mags :)
[07:58] {Threei}  (US) S&P REAFFIRMS USA SOVEREIGN RATING AT "AAA", OUTLOOK STABLE
[07:59] {nemo} guten morgen
[07:59] {nemo} Hah!  they must have had a gun to their heads
[08:00] {Threei}  magoo, managed to configure mirc?
[08:00] {magoo} i tried to get the mIRC up and running...i have an icon on screen but window pops up "about mIRC" evualation copy:30 days and a register /continue button
[08:00] {magoo} SORRY
[08:01] {Threei}  right, click continue
[08:01] {magoo} than window says unable to connect
[08:01] {magoo} i know i am computer illiterate, but i almost made it sigh
[08:01] {Threei}  sure, if you haven't configured it yet to connect this room
[08:03] {magoo} ok...i got a pop up  mIRC Favorites
[08:03] {magoo} enter channel name?
[08:04] {Threei}  maags... follow that pdf file instructions step by step
[08:04] {magoo} in all serious vad..i ap[oligize
[08:04] {magoo} but boy i want to get this figured out
[08:04] {magoo} i did
[08:05] {Threei}  I did it a bit differently since my mirc already had some configurations, so I had to change them rather than do anew
[08:06] {magoo} i could start anew and ask where i am confused
[08:06] {magoo} but i thik its here..see there isnt even this pop up in instruction.."mIRC FAvorites
[08:07] {magoo} anyone else get that window?
[08:08] {Threei}  just kill that wondow
[08:08] {Threei}  window
[08:08] {Threei}  and start from pouint 3 in instructions
[08:09] {magoo} alright
[08:09] {magoo} ill try again
[08:11] {Threei}  FED CHAIRMAN BERNANKE: FISCAL STIMULUS ALONE WILL NOT DRIVE A LASTING ECONOMIC RECOVERY, BUT STIMULUS COULD PROVIDE SIGNIFICANT BOOST TO ECONOMY
[08:11] {Threei}  - Other policy measures are needed to stimulate the economic recovery.
[08:11] {Threei}  - More government bank captial injections may be needed. Fed could purchase longer-term securities.
[08:11] {Threei}  - Asset-backed lending program will boost private lending. Program is scheduled to begin in February, 2009
[08:11] {Threei}  - It is not easy to set a target for Fed policy under these conditions, policy issues poses a communications challenge
[08:11] {Threei}  communications challenge eh?
[08:12] {Threei}  - Fed's policy approach differs from that taken by Japan in 2001-06
[08:12] {Threei}  - Must significantly shrink the Fed balance sheet quickly and automatically, shrinking the balance sheet won't be hard.
[08:12] {Threei}  - Fed credit facilities do not expose the Fed to very much risk. Will end credit facilities based on analysis of market conditions.
[08:12] {Threei}  - Inflation will likely moderate even more, sees little risk from inflation in near term.
[08:12] {Threei}  shrinking the balance sheet won't be hard - this I beloieve requires some additional explanations
[08:13] {nemo} yeah, merely a flesh wound
[08:17] {Threei}  BALTIC DRY BULK INDEX RISES +2.5%, SIXTH STRAIGHT INCREASE
[08:27] {magoo} man..having troubles
[08:27] {Threei}  what's happening?
[08:27] {magoo} im going to uninstall current mIRC
[08:27] {magoo} caught in loop
[08:27] {Threei}  that's always a good idea
[08:28] {Threei}  mirc copies settings from previously installed copy
[08:28] {magoo} i hate tis techno crap..give me a liquid cooled 2 stroke motor and ill rebuild it in an hour in the rain at the motocross track
[08:28] {magoo} but this stuff...UGGGGG
[08:30] {Threei}  NOV TRADE BALANCE: -$40.4 V -$51.0BE
[08:30] {Threei}  (CA) CANADA NOV INTL MERCHANDISE TRADE: C$1.3B V C$3.0BE
[08:35] {Onix} Good morning all
[08:35] {Threei}  onix :)
[08:36] {larisa} threei, onix good morning :)
[08:36] {Threei}  larisa :)
[08:36] {_cujo} morning
[08:36] {Threei}  cujo :)
[08:37] {Onix} hi larisa; cujo
[08:38] {_cujo} morning Onix.
[08:45] {Threei}  NASDAQ clawed its way back to almost breakeven
[08:47] {KSystems} magoo?
[08:48] {geo} Gm fellow speculators
[08:48] {geo} for those of you who want to highlight in mirc
[08:48] {Onix} hi geo
[08:48] {geo} right click on the username and click info
[08:49] {geo} then click the high light tab
[08:49] {KSystems} Magooooooooooooooooooooooooooooooooooooo
[08:49] {Onix} yes Vad, some early mornig strength somehow
[08:49] {geo} Clicka Add button and add the username
[08:49] {geo} you can choose sound and color them
06[08:50] * nemo slaps nemo around a bit with a large trout
[08:50] {_cujo} Thanks Geo.  Appreciate the help. 
[08:50] {geo} sure thing
[08:51] {Threei}  geo :)
[08:51] {KSystems} good one geo, didnt even know it was there
[08:51] {geo} yeah thats the primary reason i use mirc
[08:51] {geo} have a sound alert oon vad
[08:51] {KSystems} i mean the fact that is was located THERE, so easy to reach
[08:52] {KSystems} i always clicked my fingers bloody before i found it
[08:52] {geo} yeah they moved it from the old one
[08:52] {geo} exactly :)
[08:53] {cosmo} ZGEN
[08:54] {cosmo} ...pulling back
[08:54] {cosmo} 5.20 pre mkt high
03[08:54] * Looking up KSystems user info...
[08:57] {dptl} good morning all
[08:58] {Threei}  dp :)
[08:59] {magoo} i got another issue, be back in a half
[09:00] {KSystems} if you still need help with mirc then, dcc me magoo
[09:00] {KSystems} OK good morning everybody :)
[09:00] {Threei}  KS :)
[09:02] {KSystems} geo any progress with hydra?
[09:02] {geo} actually i gave up :)
[09:02] {Threei}  yeah... geo cut off all her heads
[09:02] {KSystems} oh ok
[09:03] {geo} some things needed to be done by editing xml files....
[09:03] {KSystems} wow
[09:03] {geo} so i switched to mirc
[09:03] {Threei}  so far, 4 days on a new server, no single disconnect
[09:03] {geo} sorry had told vad... should have to ld you too
[09:03] {Threei}  let's acknowledge great work by KS
[09:03] {fernp} hello everybody
[09:03] {geo} hiya fern
[09:03] {geo} long time
[09:03] {KSystems} hey fern
[09:04] {Threei}  although by no means we forfeit the right to slap him with trout and other heavy objects
[09:04] {Onix} hi dp; ks :)
[09:04] {Threei}  fern :)
[09:04] {fernp} yes
06[09:04] * KSystems slaps Threei around a bit with a large canon or nikon
[09:04] {fernp} working hard
[09:04] {geo} hey K
[09:04] {Threei}  I shoout with Olympus, ks
[09:04] {geo} do your custom slaps work the same way in new mirc?
[09:04] {Threei}  yes geo
[09:05] {geo} cool
[09:05] {geo} umm which folder to put em in again?
[09:05] {nemo} ksystems-just don't use a Hasseblad!
[09:05] {cosmo} SP-565
06[09:07] * geo slaps Threei around a bit with a large trout
[09:08] {geo} dissapointed...
[09:08] {Threei}  US SEN LEVIN: REQUESTING APPROX $1.0B IN FEDERAL AID FOR DEVELOPMENT OF CAR BATTERIES
[09:08] {Threei}  - note: Levin is a Democratic Senator representing Michigan{GM F ABAT HIT JCI HEV ALTI}
[09:08] {wishbone} morning all
[09:08] {Threei}  wish :)
[09:08] {KSystems} i dunno geo, you have to replace a file with it
[09:09] {Threei}  note the list of stocks related to battery issue
[09:09] {geo} yeah did something wrong
[09:09] {geo} will figure out after mkt hrs
[09:09] {Threei}  some potential players in that list at some point
[09:12] {elepet} good morning all. 
[09:12] {Threei}  elepet :)
[09:13] {_cujo} morning elepet
[09:13] {Onix} hi fer; wish; elepet :D
[09:13] {elepet} is there any way to make this more readable..change color etc
[09:13] {Threei}  guys,, things got finalized for the Bahames conference
[09:14] {Threei}  go to our homepage, click on a banner to read final agenda, dates, costs etc
[09:14] {Threei}  elepet, for familiar look go with mirc
[09:15] {fernp} my router CISCO doesn't allow mirc services
[09:16] {fernp} incredible but true
[09:16] {fernp} there are a lot of forums about this topic, but no solution at the moment
[09:16] {Threei}  wow
[09:16] {fernp} old versions are supported
[09:16] {geo} personal router cisco fern?
[09:16] {geo} or linksys
06[09:16] * Threei sends fernp a hammer and linksys router
[09:17] {fernp} CISCO ATLANTA
[09:17] {geo} llinksys is owned by cisco vad :)
[09:17] {Threei}  whatever... it doesn't mind mirc :)
[09:17] {Threei}  be back in 5
[09:18] {elepet} I tried mirc and it said i wasn't registered.
[09:21] {elepet} and for some reason, i can't keep this window and my broker open at the same time.  It was so much easier as a trial member.  
[09:22] {Threei}  install fresh mirc and configure it according to websiote isntructions... it will work
[09:22] {KSystems} elepet: in order to use mirc, you'll have to follow the pdf doc on the RT website
[09:22] {cosmo} pdf?
[09:24] {KSystems} http://www.realitytrader.com/mIRC%20room%20connection.pdf
[09:24] {Threei}  DNDN
[09:24] {Threei}  STRENGTH ATTRIBUTED TO RENEWED CHATTER THAT DNDN MAY ANNOUNCE A PARTNERSHIP WITH A BIG PHARMA COMPANY
[09:24] {Threei}  - LLY rumored as a potential partner
[09:25] {Threei}  NVDA
[09:25] {Threei}  CUTS Q4 REV -40-50% SEQUENTIALLY LOWER (IMPLYING $438.8-538M V $805.5ME)
[09:25] {Threei}  - Cites further weakness in end-user demand and inventory reductions by NVIDIA''s channel partners in the global PC supply chain.
[09:25] {cosmo} thx KS
[09:25] {ese} Ok......i think i like the option where i won't have to sign in.....can i still set that up vad?
[09:25] {Threei}  yes ese
[09:26] {Threei}  [09:24] {KSystems} http://www.realitytrader.com/mIRC%20room%20connection.pdf
[09:26] {Threei}  [09:24] {Threei} DNDN
[09:28] {dino} gm all
[09:28] {Threei}  dino :)
[09:30] {magoo} back
[09:31] {lisa_jay} .
[09:32] {wishbone} vad .....is replay working in this room?
[09:32] {Threei}  no
[09:32] {wishbone} does it work with mirc?
[09:32] {Threei}  no
[09:32] {Threei}  wow
[09:32] {Threei}  DRYS
[09:33] {Threei}  pullback to about 14.70 is of interest
[09:35] {larisa} PLD dollar bounce off bottom, missed it
[09:37] {Threei}  RIMM, watching for pullback entry around 46.40
[09:42] {Threei} Long Setup:  PLD  12 break
[09:42] {Threei}  if stays above 11.85
[09:42] {Threei}  GM
[09:42] {Threei}  VICE CHAIRMAN LUTZ: WE JUST CANNOT SELL SMALL CARS RIGHT NOW, PEOPLE ARE BUYING TRUCKS AGAIN
[09:42] {Threei}  - Falling oil prices are "messing up" hybrid development plans{F}
[09:43] {Threei}  isn';t it what we predicted a week ago
[09:43] {dino} lol
[09:43] {geo} 1:1
[09:43] {Threei}  PLD hit over 1:1 quickly
[09:43] {fernp} ty Vad
[09:44] {Threei}  welcome
[09:44] {Threei}  half out .24
[09:44] {Threei}  offering second half .35
[09:44] {magoo} out .25 TY boss
[09:45] {Threei}  stop just under 16
[09:46] {geo} all out .35
[09:46] {geo} thats vad
[09:46] {Threei}  out in full
[09:46] {wishbone} out pld .21, .34 ty vad
[09:46] {tomg} thanks vad
[09:46] {Threei}  good reflexes guy, break was fast
[09:46] {Threei}  but gave ample chance for entry as it danced back and forth around 12 after break
[09:47] {Threei}  so if you had an order 12.03, it would get hit in any case
[09:47] {KSystems} PLD - out 1/2 .15 - out 1/4 .35 - out rest .27
[09:47] {Threei}  RIMM got away
[09:48] {Threei}  pullback was a bit shallow
[09:48] {Threei}  and I really really didn't want to go for a break on it
[09:48] {magoo} drys too
[09:49] {magoo} Q too
[09:49] {magoo} heck they all went
[09:49] {Threei}  DRYS was for personal consumption so to speak
[09:49] {Threei}  meaning, if you got a feel for momo on it, it was p;ossible to play, but no way to call it
[09:50] {Threei}  time for pullback, market
[09:50] {Threei}  relax a little will ya
[09:50] {magoo} vad, qas temp stop gap here, how i get this room screen to stay on top of window..as in when i click reaklmoney this windsow is covered?
[09:50] {magoo} not mIRC here
[09:50] {Threei}  jmb suggested workaround last week
[09:51] {Threei}  wishbone, do you have url handy?
[09:51] {wishbone} yes one sec
[09:52] {wishbone} http://www.delayedreaction.com/freestuff/index.html
[09:53] {wishbone} download keep on top
[09:53] {Threei}  OK, finally some pullbacks
[09:53] {Threei}  NVDA
[09:53] {Threei}  7.60 zone for bounce scalp
[09:54] {wishbone} i put in system tray open trading sotware and mibbitt then run always on top and select program
[09:54] {wishbone} have to do every morning
[09:55] {magoo} i miss the old room hhe he
[09:55] {Threei}  ELN
[09:55] {Threei}  FIRM RUMOURS BEIGN DISCUSSED BY CNBC'S FABER
[09:58] {Threei}  ADBE
[09:58] {Threei}  short candidate
[09:58] {Threei}  want bounce into .80 or so
[09:59] {Threei}  if can't break .70 anymore, half lot short .63
[10:00] {magoo} u feeling lucky vad?
[10:00] {Threei}  hmm?
[10:00] {geo} he has trout
[10:00] {Threei}  OK, bounce it is
[10:01] {magoo} cant trout in the non mIRC correct?
[10:01] {magoo} how about dcc?
[10:01] {geo} missed
[10:01] {Threei}  stop above .90 ADBE
[10:02] {dptl} nvda?
[10:02] {Threei}  actually, want NVDA a bit lower
[10:02] {magoo} PLD pulls back
[10:02] {Threei}  doesn't feel safe unless goes closer to .40
[10:03] {Threei}  cover half ADBE
[10:03] {Threei}  scalpers take profit
[10:04] {hawkfan4} nice vad, thx
[10:04] {Threei}  :)
[10:04] {_cujo} out NVDA thanx Vad
[10:04] {geo} sniff
[10:04] {Threei}  whatcha got hawk? .77 here
[10:04] {Threei}  cujo :)
[10:05] {Threei}  ADBE balance stop to above .70
[10:05] {hawkfan4} beat me, .69 to .20
[10:05] {geo} ??
[10:05] {Threei}  ugh, missed PLD nice pullback
[10:05] {hawkfan4} adbe geo, in .69, out .20
[10:06] {geo} it went that low....
[10:06] {geo} hmmm
[10:06] {geo} gotta reset charts
[10:06] {Threei}  +.20?
[10:06] {hawkfan4} lol, i was trading amzn, sry :)
[10:06] {geo} wow you bottom ticked it
[10:06] {Threei}  lol
[10:06] {geo} oh ok
[10:06] {geo} lol
[10:07] {KSystems} omg
[10:07] {Threei}  you guys...
[10:08] {Threei}  risky one:
[10:08] {Threei} Long Setup:  EGLE  7.20 break
[10:08] {Threei}  volatile, can shake hard
[10:09] {KSystems} stop where?
[10:09] {Threei}  if dives sharply into 7, grab it for immediate snapback
[10:09] {Threei}  under 7 KS, but easy to get shaken
[10:09] {KSystems} yea
[10:09] {KSystems} ty
[10:10] {KSystems} in .23
[10:10] {_cujo} .22
[10:11] {dptl} did you get nvda?
[10:11] {Threei}  no
[10:11] {geo} target  vad?
[10:12] {Threei}  just play it by the book
[10:12] {_cujo} out .26
[10:12] {geo} wow cujo
[10:13] {Threei}  DRYS is kind of leading indicator for EGLE
[10:14] {fernp} EXPE long if break 8.95, Vad?
[10:14] {Threei}  a bit narrow
[10:15] {Threei}  but if market regains strength, likely to follow
[10:15] {fernp} ok
[10:16] {Threei}  half out EGLE guys
[10:16] {Threei}  a little bit under 1:1 but DRYS is pulling back
[10:16] {Threei}  want to protect profit on too volatile stock
[10:17] {Threei}  and decrease risk
[10:17] {Threei}  stop to .15
[10:17] {dino}  apol
[10:17] {wishbone} egle .10 ty vad
[10:18] {Threei}  ADBE stop for balance to just above .60
[10:19] {Threei}  should have covered near .40... missed it
[10:20] {Threei}  out ADBE in full
[10:20] {Threei}  .40, +.37
[10:20] {magoo} where u like DRYS vad?
[10:20] {Onix} wtg :D
[10:21] {Threei}  not sure mags
[10:21] {magoo} it left some scars from yesterday..understood
[10:21] {Threei}  market pulls back, ad DRYS tends to do exaggerated moves
[10:22] {Threei}  so, I'd say bounce off 15
[10:22] {Threei}  but at the moment it seems ridiculously far from here
[10:22] {Threei}  so I better not say anything for now :)
[10:23] {_cujo} PLD Vad?
[10:23] {_cujo} would you short here?
[10:23] {Threei}  PLD 11.50 zone for watch
[10:24] {magoo} market needs to decide here..up or down
[10:24] {_cujo} thanks
[10:24] {Threei}  short is kind of 50/50
[10:24] {geo} out elge
[10:24] {geo} EGLE
[10:25] {Threei}  covered ADBE a bit too soon
[10:26] {magoo} man..15 not out of questuon now
[10:26] {Threei}  here comes hard drop DRYS
[10:27] {Threei}  yeah, 15 doesn't look that ridiculous anymore, does it? :)
[10:27] {Threei}  don't jump oln these little bounces
[10:27] {Threei}  not worth the risk
[10:28] {magoo} i think EGLE leads
[10:29] {Threei}  SENATE MAJORITY LEADER REID: SENATE MUST VOTE ON TARP BY SUNDAY
[10:34] {Threei}  sharp drop is coming on DRYS it feels
[10:35] {Threei}  how about that for sharp drop
[10:35] {KSystems} and here comes 15
[10:37] {Threei}  and most likely under
[10:38] {Threei}  the way DRYS usually does it is, it comes into obvious support, makes a little bounce, not very profitable but tempting,
[10:38] {Threei}  than dives sharply under support, shaking out premature buyers... and jumps right back up
[10:41] {Threei}  what's with FRPT?
[10:41] {Threei}  52 week high
[10:42] {geo} hey vad
[10:42] {geo} laserdave slacking?
[10:42] {Threei}  astute observation:
[10:42] {Threei}  IMF'S STRAUSS KAHN: EXPECTING 'SHARP' FALL IN FORECASTS IN GLOBAL GROWTH
[10:43] {Threei}  what am I, lasredave's keeper
[10:44] {geo} AND WHY NOT?
[10:44] {geo} oops
06[10:44] * Threei slowly unholsters the trout
06[10:45] * geo pulls sushi knives out
[10:45] {wishbone} mmmmm....sushi
[10:45] {fernp} LMDIA breakout?
[10:46] {Threei}  only if stays above .50, and half lot
[10:47] {fernp} ty
[10:51] {ese} missed it but perfect ascending triangle 1min chart ILMN.......picture perfect...
[10:51] {fernp} PDLI on highs
[10:52] {dino}  algt sm l .00
[10:53] {fernp} out LMDIA +.10 
[10:53] {Threei}  :)
[10:53] {dino} decl sm l trig .00
[10:55] {dino} deck i mean
[10:57] {magoo} dino lol
[10:57] {magoo} i was wondering
[10:57] {Threei} Long Setup:  RIMM  .75 if stays above .60
[10:58] {magoo} in
[10:58] {KSystems} in
[10:58] {fernp} in
[11:00] {magoo} need naz bounce
[11:01] {dptl} in.75
[11:01] {Threei}  no worky
[11:01] {KSystems} stopped
[11:01] {fernp} stopped
[11:01] {_cujo} ditto
[11:01] {dptl} stopped
[11:02] {geo} out
[11:02] {magoo} out
[11:02] {lisa_jay} ESE can i dcc you please...thanks.
[11:05] {fernp} out PDLI +.10
[11:05] {Threei}  nice steady scalping fern
[11:06] {fernp} you taught me
[11:06] {magoo} what size femp
[11:06] {magoo} 1k
[11:06] {fernp} no, 300
[11:07] {magoo} ok..ty
[11:07] {magoo} egle lead drys that time
[11:09] {ese} early day...see you all tomorrow
[11:09] {Threei}  take care ese
[11:09] {magoo} bye ES
[11:09] {fernp} bye ese
[11:11] {Threei}  NY JUDGE REPORTEDLY DISMISSES AMAZON SUIT OVER NY STATE INTERNET TAX COLLECTION
[11:12] {dino} algt stopped
[11:20] {Threei}  waiting out uncertain period
[11:20] {Threei}  morning worked nicely, even with all the restrains I put on my calls in order to minimize the risk,
[11:21] {Threei}  right now we are in period of stops accumulation if continue pushing
[11:22] {geo} flat here...
[11:22] {dptl} masi?
[11:22] {Threei}  Chaeron!
[11:22] {geo} mised the adbe which was a killer
[11:22] {Threei}  you found us
[11:22] {geo} hiya chaeron
[11:22] {KSystems} same here geo
[11:22] {Threei}  ADBE was fairly easy trade...
[11:22] {Chaeron} hey all... sorry about yestereday. Been so swamped
[11:22] {magoo} cjia broil:)
[11:23] {Threei}  bounced right into resistance, stalled...
[11:23] {Threei}  yeah right... you just couldn't figure out where we went
[11:24] {magoo} i miss old room
[11:24] {Chaeron} yeah well, you tried hiding but Larisa pointed which way you went
[11:24] {Threei}  I can see you standing in the middle of empty room, looking around
[11:24] {Chaeron} ditto magoo
[11:24] {magoo} i cant dcc..cant slap
[11:24] {Chaeron} well, it was very peaceful there Vad....
[11:24] {magoo} cant get mIRC up
[11:24] {Threei}  mags... as soon as you install mirc, this one will be just the same
[11:24] {geo} its magoos nightmare
[11:24] {magoo} wasted half hour
[11:25] {Threei}  we have girls here so I'll refrain from comments... but trust me, it's not easy
[11:26] {magoo} chaerons a girl?
[11:26] {Threei}  mags, really... we have quiet time in the market, ask Geo or Raven or KS for help
[11:26] {Threei}  it's easy
[11:26] {Raven} lol
[11:26] {Raven} RTFM magoo
[11:26] {Threei}  sorry R... I just had to involve you :)
[11:27] {magoo} ravens still mad about that crow remark
[11:27] {magoo} lol
[11:27] {Raven} sigh
[11:27] {Raven} R
[11:27] {Raven} T
[11:27] {Raven} F
[11:27] {Raven} M
[11:27] {Threei}  (US) SENATOR VITTER (R) FILES TO PREVENT RELEASE OF SECOND $350B TRANCHE OF TARP FUNDING
[11:27] {magoo} what the hex that mean?
[11:27] {Raven} Read the Fuc**** Manual
[11:28] {Threei}  read the fabulous manual
[11:28] {magoo} reality trader for men?
[11:28] {dptl} half out masi +.10
[11:28] {Raven} (instructions)
06[11:28] * Raven slaps magoo around a bit with a large trout
[11:28] {Threei}  why not dp... :)
06[11:28] * Raven slaps Threei around a bit with a large trout
[11:28] {Threei}  what did I do?
[11:29] {Raven} exposed me to Magoo?
[11:29] {Threei}  ah
[11:29] {Threei}  it was worth it...
[11:29] {Raven} lolk
[11:29] {Raven} oops
06[11:29] * Raven slaps Chaeron around a bit with a large trout
[11:29] {Raven} that's for being swamped
[11:29] {magoo} GS green..i maerket tell imo
[11:30] {magoo} raven bold whilest magioo cant retaliate lol
[11:30] {Raven} rofl
[11:30] {magoo} im slapping dino literally to relieve thisangst
[11:30] {Raven} magoo can't even spell magoo ... sigh
[11:31] {magoo} ROFLOL bird
[11:31] {Raven} poor dino
[11:31] {Threei}  lol
[11:31] {magoo} vad, i cant even paste here
[11:31] {magoo} and it was budsiness
[11:31] {dino} ouch
[11:31] {dino} ge smackdown
[11:32] {Threei}  it had news earlier
[11:32] {Threei}  11:11am [GE] Hearing weakness being attributed to estimates cut at Barclays (timing uncertain)
[11:42] {Threei}  market start s getting a feel of rally preparation
[11:43] {magoo} big move RIMM
[11:45] {Threei}  (US) SENATOR DURBIN (D): GETTING SENTATE APPROVAL OF THE SECOND $350B TRANCHE OF TARP FUNDING WILL BE CHALLENGING
[11:45] {dino}  like it won't happen, just posturing
[11:47] {Threei}  killing market meanwhile
[11:48] {Threei}  just when it consolidated for a break
[11:54] {Threei}  watch DRYS here
[11:55] {Threei}  if not losing .50 and market jumps back up, should be good for a scalp
[11:57] {Threei}  Chaeron... your FRPT is real hero today
[11:59] {dptl} in drys .54
[11:59] {Threei}  .60 break should provide spike for exit
[11:59] {Threei}  or half
[11:59] {Threei}  your choice
06[12:02] * Threei kicks market in the rear
[12:03] {geo} DRYS series of lower highs vad?
[12:03] {Threei}  if market resumes upward, DRYSS will reverse this pattern
[12:04] {Threei}  need NQ to break 1210
[12:05] {Chaeron} .
[12:05] {geo} stop .4?
[12:06] {Threei}  depends on your objectives
[12:06] {Threei}  under .45 for a scalp trade
[12:06] {Threei}  under .40 otherwise
[12:06] {dptl} out drys -.06
[12:06] {dptl} damn it......
[12:07] {Threei}  wow... such strong emotions for 6 cents stop?
[12:07] {dptl} lol.....
[12:07] {larisa} you kicking market all the time with no emotions vad ? :) 
[12:07] {Threei}  no, I just enjoy kicking
[12:08] {dptl} it's just funny i missed all morning plays and have to pick two loosers rimm and drys 
[12:08] {nemo} enjoyent is an emotion
[12:08] {geo} same here dp
[12:08] {geo} net neg now
[12:10] {dino} once again, i haven't done much today
[12:10] {hawkfan4} smart dino, this is one tricky mess of a market
[12:11] {dino} too tight of range
[12:13] {magoo} frustrating mkt..u gota hit the first 15 mins and last
[12:15] {geo} BNI
[12:15] {dino} frustration incorporated
[12:18] {Threei}  we are approaching another uncertan period with all the fighting about stimulus package and TARP after inauguration
[12:18] {Threei}  not unlike we had in Sept-Oct
[12:19] {dino} and ironically, it will be tossed around for week or so and ultimately approved, but...damage everything in the way in the process
[12:19] {Threei}  true
[12:19] {Threei}  just like back then
[12:20] {nemo} that will probably move trading to the long short etfs
[12:20] {Threei}  this relentless selling pressure yestyerday was total remiscenses of those days
[12:21] {Threei}  wehandled it well back then by being careful and picky... will do the same this time around
[12:21] {Threei}  then bull wave will come
[12:21] {Onix} hope springs eternal :)
[12:22] {Threei}  wanna bet?
[12:22] {dino} imo, range bound for many more months 8300-9000
[12:22] {dino} time will tell
[12:22] {larisa} i say we will have rally starting late today into inauguration day. hen another rally for stimulus and another rally for obama's new puppy. ( lets try to be positive !)
[12:23] {Threei}  hmmm
[12:23] {Threei}  pappy rally
[12:23] {Threei}  puppy
[12:23] {Threei}  sounds good to me
[12:23] {Onix} a totally new one
[12:23] {magoo} prob is vad..seasonality..mkt will blow until june..then summer blows..only bull will be 12 days in december
[12:23] {Threei}  lol
[12:23] {i2romantis} lol
[12:23] {dino} lol larisa
[12:25] {dino} rally coming soon magoo, cramer whining nothing works
[12:26] {magoo} true dat dino..he been good contra
[12:26] {dino} he had everybody buying at 9k again, and now selling at 8400
[12:26] {dino} been doing this since he bragged about the july lows being the ultimate lows
[12:27] {magoo} im surprised hes not wearing a bullet proof vest on the show
[12:27] {hawkfan4} lol, no kidding
[12:28] {Threei}  lol
[12:28] {dino} it's a hologram
[12:28] {Threei}  AMZN
[12:28] {Threei}  MOODY'S PLACES RATINGS ON REVIEW FOR POSSIBLE UPGRADE
[12:28] {Threei}  - The review for possible upgrade is prompted by Amazon's announcement that it had achieved its best holiday sales performance ever.
[12:29] {Threei}  Amazon's ability to achieve sizable sales growth with a reasonable level of profitability during a very challenging retail climate is strong evidence of the stability and success of Amazon''s business model.
[12:31] {Threei}  don't trade it, let's just see whether my feel for the market is right... feels to me like sharp spike is coming
[12:34] {Threei}  meanwhile, I feel deeply confused... e-mail from a russian girl looking for a man, name in address is evangelina... e-mails starts with:
[12:34] {Threei}  Hello. My name is Olga
[12:34] {Threei}  and ends with:
[12:34] {Threei}  Tired from loneliness Evgenija
[12:34] {Threei}  ummm
[12:35] {Threei}  which of three is it??
[12:36] {nemo} all three?
[12:36] {geo} GS and JPM breaking
[12:36] {hawkfan4} I'm guessing Olga is the real name
[12:36] {dino} bi-polar gal
[12:36] {KSystems} her sisters are coming as well, vad
[12:36] {geo} lol
[12:36] {Threei}  ah
[12:36] {geo} K has it
[12:37] {wishbone} ya and her photos are real too
[12:37] {dino} twins perhaps
[12:37] {Threei}  you europeans know your neighbours :)
[12:37] {geo} ahhhh bck in back nicely
[12:37] {dino} deck finally moves
[12:37] {geo} i like my bank JPM
[12:38] {geo} back in black
[12:38] {Threei}  what did you do geo?
[12:38] {geo} bought pullback in JPM watching GS
[12:38] {geo} the scans uses option vol as filter
[12:39] {Threei}  look at GS volume
[12:39] {geo} ?
[12:39] {Threei}  half day, volume is equal yesterday's already
[12:40] {geo} yup
[12:40] {geo} i am trying to reduce breaking candidates by option vol
[12:40] {geo} just experimenting
[12:40] {geo} apol gap filling
[12:41] {geo} was there news?
[12:41] {geo} not in it
[12:42] {Threei}  lol... spike was dismall and not very very sharp
[12:42] {geo} no mojo
[12:42] {hawkfan4} 13-Jan-09 10:11 ET In Play Apollo Group drops over 2.50 in past few minutes; weakness attributed to Citron Research report saying growth is more of a one-time bump than a sustainable trend and discussing lawsuit disclosure (84.02 -2.50) -Update :  
[12:42] {i2romantis} c'mon vad, we rely on you, our oracle!
[12:42] {dino} -6
[12:43] {dino} was up 10 fri i think
[12:43] {Threei}  after strong morning we are back to yesterday's pattern of seling pressure
[12:43] {geo} yes yes
[12:44] {geo} I hav some puts that ned to go in money
[12:44] {Threei}  waiting it out, don't want to accumulate unnecessary stops
[12:44] {i2romantis} looks like a bull flag on DRYS, wavy, slow winds, some precipitation
[12:45] {dino} record low temps, and snow here
[12:45] {Threei}  yes i2r, it's just it's unlikely to do much without market help
[12:46] {patience} mild again here dino, songbirds are back
[12:48] {dino} apol gap around 77.40
[12:48] {dino} nice patience
[12:49] {patience} i don't do winter well dino, although snow motivates me to trade  :)
[12:52] {Threei}  YHOO
[12:52] {Threei}  WSJ: CAROL BARTZ TO BE NAMED CEO -
[12:53] {Threei}  YHOO likes him
[12:53] {KSystems} him?
[12:53] {larisa} lol
[12:53] {Threei}  her?
[12:53] {geo} my god
[12:55] {Threei}  scalpable on pullbacks
[12:55] {Threei}  - Carol Bartz is current ADSK Chairman and former CEO of ADSK
[12:55] {Threei}  - Note: This appointment has been speculated by a variety of sources including the WSJ over the last week{
[12:56] {Threei}  wow
[12:56] {Threei}  no more pullbacks?
[12:56] {Threei}  one to .30 I grabbed
[12:56] {Threei}  sold .46
[12:57] {Threei}  back in
[12:57] {Threei}  .44
[12:58] {geo} confused
[12:58] {KSystems} wheres your stop here?
[12:58] {Threei}  scalping stop, under .40
[12:58] {Threei}  not giving it much breathing room
[12:59] {Threei}  market is too weak
[12:59] {Threei}  out
[12:59] {KSystems} stopped
[13:00] {geo} in .39
[13:01] {geo} out not sure... .44
[13:01] {Threei}  yeah, shortlived news effect
[13:01] {Threei}  fizzles out wquickly
[13:03] {Threei}  all the way back
[13:05] {Threei}  I guess company fundamentals changed over last 15 minutes greatly to the upside and then to downside
[13:06] {larisa} DRYS wants 15 ?
[13:06] {i2romantis} looks good so far :)
[13:06] {Threei}  almost there
[13:08] {Threei}  PLD is holding fairly well
[13:16] {Threei}  not aymore
[13:20] {Threei}  ADBE is not selling with market, consolidates under .20
[13:20] {Threei}  if stays here, becomes a long candidate on .20 break if market shows strength
[13:20] {Threei}  which is a biiiig if
[13:22] {Threei}  with loss of .10, not terribly interested anymore
[13:23] {Threei}  selling accelerates
[13:23] {KSystems} this day is "zh" again
[13:23] {Threei}  DRYS 15
[13:29] {i2romantis} PALM looks interesting, i think
[13:30] {Threei}  pretty much market dependent i2r
[13:31] {Threei}  it has lost its own mojo as it usually happens with news-impacted stocks
[13:31] {Threei}  they become market followers when news effect wears off
[13:31] {KSystems} welcome, lexo
[13:31] {Threei}  look at its chart today
[13:31] {Threei}  pretty uch market miror
[13:31] {Threei}  hi lexonet, welcome
[13:32] {_lexonet05} hi there
[13:34] {Threei}  big offer at 15 DRYS
[13:34] {Threei}  break is scalp trigger
[13:34] {Threei}  if holding above .90
[13:35] {Threei}  chewing
[13:35] {magoo} in
[13:36] {Threei}  keep stop under .90 if for scalp, under .85 if want to try for more
[13:36] {Threei}  we formed double bottom
[13:37] {Threei}  just confirmed by break of the top between lows
[13:37] {Threei}  BBs shaped up right too
[13:37] {Threei}  main concewrn is general market mood that hasn't seen any silver lining in hours
[13:38] {Threei}  since first 30 minutes after opening actually
[13:39] {Threei}  hit 1:1 for a jiffy... really hard to tell whether it has a chance for bigger recovery
[13:40] {Threei}  chomping through that offer, you'd think it must have more enthusiasm than this eh?
[13:40] {peterg} software issue: has anyone been able to enable MIRC? I think the instructions on the RT website do not compute.
06[13:41] * geo is insulted
[13:41] {peterg} could be a start
[13:41] {geo} where was that monastryd? again va
[13:41] {Threei}  most are on mirc here peter
[13:41] {geo} shesh
[13:41] {peterg} ahso
[13:42] {geo} where was that monastry again vad?
[13:42] {Threei}  wow... something just tripped market
[13:43] {peterg} I go to mirc; connect brings up different looking page, with nickname greyed out.
[13:44] {peterg} pluss at top of page reads IRC servers; Connect to IRC server
[13:45] {peterg} File / connect/
[13:45] {KSystems} stopped
[13:45] {Threei}  no staying power whatsoever
[13:46] {Threei}  see PALM, i2r?
[13:47] {peterg} hmmmm
[13:48] {Threei}  PREVIEW: DEC MONTHLY BUDGET STATEMENT DUE OUT AT 2PMET
[13:48] {Threei}  **consensus expectations: -$83.0Be
[13:48] {Threei}  I guess market doesn't expect it to be record high eh
[13:53] {i2romantis} yeah, PALM is funky, gaven in to the market
[13:54] {i2romantis} given*
[13:56] {Threei}  brutal smakdowns one after another
[13:57] {dino}    8364, 857, 1158 support 12/29
[13:57] {Threei}  IMF OFFICIAL: CURRENT CRISIS MAKES THE NEED FOR CHINESE FX REFORM MORE URGENT
[13:57] {Threei}  China: you guys think you have right to teach anyone how to run economy?
[13:58] {Threei}  IMF... yeah... sorry
[14:00] {Threei}  DEC MONTHLY BUDGET STATEMENT: -$83.6B V -$83.0BE
[14:00] {Threei}  under the circumstances, sounds like the best we could hope for
[14:03] {Threei}  one of these bounce attempts finally is going to chew through the attempt to smack it down again, and to start menaningfyl bounce
[14:04] {geo} CVS
[14:05] {geo} wow fast
[14:08] {Threei}  dontrend is broken on intraday
[14:10] {Threei}  to try this pullback: RIMM .70 break, half lot
[14:11] {Threei}  with stop under .60
[14:12] {Threei}  1:1
[14:12] {jmb} thanks vad
[14:12] {Threei}  :)
[14:12] {magoo} u timed rimm great vad
[14:12] {Threei}  missed DRYS quick trip to 15
[14:12] {magoo} i caught drys
[14:13] {magoo} missed rimm
[14:13] {KSystems} out RIMM .89
[14:13] {Threei}  OK, considering your hatred for DRYS and love RIMM{ this is highly ironic
[14:13] {Threei}  DRYS explosion
[14:13] {magoo} i hate rimm today..i fickle
[14:14] {geo} all out .88
[14:14] {Threei}  gosh... your passions are so fleeting
[14:14] {_jamie} iwent long drys back around 15
[14:14] {geo} thanks vad
[14:14] {Threei}  good entry jamie
[14:14] {Threei}  control your reisk if you haven;'t sold yet
[14:14] {Threei}  protect profits by partials
[14:14] {_jamie} ok
[14:15] {Threei}  who prefers to partial RIMM and try to ride it, stop to under b/e and try to offer around 46.20
[14:16] {Threei}  serious bidder at .88
[14:17] {Threei}  real too
[14:18] {Threei}  DRYS nice pullback
[14:19] {_jamie} im still 1/2 in it seems kinda bullish
[14:20] {Threei}  as always with this one... it's in market's hands
[14:21] {Threei}  and market lost will to live again
[14:21] {_jamie} ok out
[14:25] {_jamie} so Vad, a good trade these days last how long?  a minute and half?
[14:25] {Threei}  lol
[14:25] {Threei}  I measure them in cents rather than in minutes
[14:26] {_jamie} right on
[14:26] {_jamie} that was a nasty little selloff
[14:26] {Threei}  I mean, trying to remember last time when saleperson suggested that I pay in time units instead of dollars, I have hard time recalling any
[14:26] {_jamie} haha
[14:26] {Threei}  so what do I care how long it takes :)
[14:27] {Threei}  {Market, melancholically} what's life? what's happiness? are there any?...
[14:27] {_jamie} sure there are
[14:28] {Threei}  tell that to market
[14:28] {Threei}  'cause it certainly doesn't think so
[14:28] {_jamie} market is just people, no?
[14:28] {Threei}  market is this big fire-breathing dragon we are out to slay
[14:28] {Threei}  and right now it has bellyache
[14:29] {_jamie} lemme strap on my suit or armor
[14:29] {_jamie} market is a pissed off dragon
[14:29] {Threei}  you better, because when it has heartburn...
[14:29] {geo} how low can BNI go?
[14:30] {Threei}  not much... just 65 bucks more
[14:31] {Threei}  so, if today is repetition of yesterday to any degree, DRYS should sell down a buck more, than rally back here into close
06[14:32] * Threei bids DRYS 14.01
[14:33] {Threei}  WSJ: SENATORS RAISING QUESTIONS ABOUT TIMOTHY GEITHNER NOMINATION; AT ISSUE IS IMMIGRATION STATUS OF A HOUSEKEEPER
[14:33] {Threei}  - also at issue is a report Geithner failed to pay social security taxes for a number of years
[14:33] {Threei}  - Geithner's nomination hearing is scheduled for later this week.
[14:33] {magoo} is there a Q long trigger vad???
[14:33] {Threei}  not really
[14:33] {Threei}  chaotic up and down
[14:34] {Threei}  (US) SENATE MINORITY LEADER MCCONNELL (R): REPUBLICANS ARE NOT SATISFIED WITH SUMMERS LETTER ON TARP PROGRAM, WANT TO HEAR MORE ABOUT TARP RENEWAL PLANS
[14:34] {Threei}  with all this mess, it's a miracle market stages any upticks whatsoever
[14:35] {Threei}  secretary of treasury not paying taxes?
[14:38] {geo} wow they had no probs when he served republicans
[14:38] {geo} my house keeper in an independent contractor
[14:38] {Threei}  US) SENATE MAJORITY LEADER REID: BELIEVES THERE ARE ENOUGH VOTES TO PASS THE SECOND TRANCHE OF TARP FUNDING
[14:38] {Threei}  there you go
[14:38] {geo} and drives a better car than me
[14:38] {Threei}  total repetition of first TARP passage days
[14:38] {geo} sheesh
[14:39] {Threei}  every 10 minutes new turns of events, or rumor, or speculation,
[14:39] {Threei}  and market jumping up and down on each and every of them
[14:39] {patience} when have politicians ever had difficulty spending taxpayer's money
[14:40] {Threei}  anyone held RIMM?
[14:40] {Threei}  feel free to dump it around here
[14:40] {magoo} out .32 DRYS + .32
[14:41] {_jamie} there's a rally breaking out
[14:41] {Threei}  if you observer market and DRYS together, you can see interesting pattern of delay
[14:42] {Threei}  market spikes sharply, DRYS repeats it with delay enough for entry
[14:42] {Threei}  scalpable pattern
[14:42] {Threei}  14:41 markmet spike
[14:42] {Threei}  DRYS sat under .30
[14:42] {Threei}  next minute or two spiked to above .40
[14:43] {Threei}  usually impossible to call in tyime, see if ytou can get a feel for those on your own,
[14:43] {Threei}  major rule is:
[14:44] {Threei}  do not react on each market tick,
[14:44] {Threei}  what you want is sharp spike of a decent size
[14:44] {Threei}  that 11:41 candle is what you are looking for
[14:45] {nemo} which index vad?
[14:46] {Threei}  anything tracking NASDAQ
[14:46] {Threei}  NQ, QQQQ, NDX
[14:46] {Threei}  10 cents on exactly this kind of delay just now
[14:46] {Threei}  .33 - .43
[14:46] {Threei}  this is pure scalping footwork
[14:47] {Threei}  if you do not scalp, have slower broker.... stay away from this kind
[14:48] {Threei}  C
[14:48] {Threei}  SET TO ANNOUNCE A MAJOR REORGANIZATION - WSJ CITES SOURCES
[14:48] {Threei}  - Note: Earlier today CNBC's Gasparino commented on Citigroup's potential plans to rid themselves of the 'supermarket' model, and focus itself
[14:53] {magoo} read on DRYS vad??
[14:53] {larisa} market does not care if Geithner will lose nomination ? it ran up like crazy when he was nominated
[14:54] {Threei}  there is no read on it per se mags
[14:56] {magoo} gonna depend on mkt
[14:56] {Threei}  yeah, and market changes on a dime today
[14:57] {Threei}  market spike
[14:57] {Threei}  and drop
[14:57] {Threei}  all within one minute
[14:57] {Threei}  now tell me what the read is {G}
[14:58] {magoo} cant remember any opther way boss
[14:58] {Threei}  on and one more spike
[14:58] {Threei}  same minute
[15:04] {nemo} Have to go.  Probably going to miss the excitement.
[15:04] {Threei}  US) SENATOR HATCH (R): NOTES HE HAS "NO PROBLEM" WITH GEITHNER NOMINATION AS TREASURY SECRETARY
[15:05] {Threei}  take care nemo
[15:05] {Threei}  hewre comes the excitement
[15:07] {magoo} pick something 
[15:07] {magoo} but be correct
[15:07] {Threei}  hmm?
[15:07] {larisa} it's a trap vad
[15:08] {Threei}  I don't even know what I am supposed to pick
[15:08] {Threei}  market direction?
[15:08] {Threei}  shoelaces?
[15:08] {dino} down
[15:09] {dino} feels like yesterday's action, dji
[15:09] {Threei}  very much
[15:10] {dino} charts similar
[15:12] {dino} if i had to bet, tomorrow 100+ pts up djo, 20+ndx, 20+ s&p
[15:12] {Threei}  the only difference is, DRYS never dropped to 14
[15:12] {Threei}  too bad
[15:13] {Threei}  my 14.01 bid is not getting filled
[15:13] {Threei}  I think it's a borker's fault
[15:13] {dino} because oil and baltic up, maybe
06[15:13] * Threei slaps laserdave around a bit with a large and angry question why no fill on a bid a dollar beow the market
[15:16] {peterg} ok prev problem was with older version of mirc. Now the new one has connected me with a group discvussion about Norway.
[15:16] {Threei}  cool
[15:17] {Threei}  new body of knowledge
[15:17] {peterg} I am going to use this pplatform for now. exhaustion factor
[15:17] {Threei}  instruction starts with line:
[15:18] {Threei}  download fresh copy of mirc
[15:18] {peterg} did so, but it did not overwrite old one
[15:18] {peterg} thought it did
[15:18] {peterg}  it seemed to imply it did
[15:18] {peterg} owell
[15:18] {geo} comon peterg
[15:18] {geo} old one installs in c:\RTC
[15:18] {dino} bbep
[15:18] {geo} new one in program files/mirc
[15:19] {geo} you clicking the old shortcut?
[15:19] {peterg} no more buddy
06[15:19] * geo switched to iphone from blackberry and has been freed
[15:19] {dino} i'm w/you peter, couldn't get it
[15:19] {geo} no comparison
[15:21] {geo} umm vad.. anyway we can make instructions simpler/shorter?
[15:21] {Threei}  asking me?
[15:21] {geo} didnt you do some shortcuts?
[15:21] {Threei}  write simpler instructions, I'll put them up there :)
[15:21] {dino} wynn nice double bottom, daily
[15:21] {geo} lol
[15:24] {Threei}  SAY
[15:24] {Threei}  TICKING HIGHER, HEARING CHATTER CIRCULATING ON POTENTIAL GOVT BAILOUT
[15:24] {Threei}  wow
[15:24] {Threei}  bailout for fraud??
[15:25] {Threei}  lol, look at this
[15:25] {Threei}  SENATOR CORKER (R- TENN): CHRYSLER HAS TO MERGE WITH SOME OTHER COMPANY, OR 'GO AWAY'
[15:25] {Threei}  - Concerned that GM may not meet its restructuring targets due to its 'unsustainably high' debt load
[15:25] {Threei}  - Note: Sen Corker was among those in in November who advocated a GM/Chrysler forced merger
[15:25] {Threei}  - Note on 1/12: GM COO remarked that GM has "too much work on its plate" to consider a merger with Chrysler. {GM F}
[15:26] {larisa} if we rally into the close as I promised, vad will have to stp kicking spitting and cursing.
[15:26] {larisa} stp=stop
[15:26] {i2romantis} i agree
[15:26] {Threei}  why??
[15:26] {larisa} my conditions, or no rally
[15:28] {Threei}  next thing I know I am forbidden to throw stones in neighbor windows??
[15:28] {Threei}  come on, there should be room for fun in life
[15:28] {Threei}  and my personal definition of fun includes all three you are trying to take away from me
[15:29] {i2romantis} any message on greed? when enough's enough?
[15:29] {i2romantis} contemplating to do a trade, but don't want to overtrade :)
[15:29] {dino} greed, for lack of a better word, is good
[15:29] {Threei}  G. Gekko
[15:29] {i2romantis} ic
[15:30] {Threei}  C
[15:30] {Threei}  BOARD APPROVES BROKERAGE JV WITH MS
[15:30] {dino} peter getting kicked around a bit
[15:31] {Threei}  wow
[15:31] {Threei}  now what?
[15:32] {Threei}  SQNM
[15:32] {Threei}  big spike with volume
[15:32] {Threei}  CNBC hype?
[15:33] {larisa} second time today
[15:33] {Threei}  yeah
[15:33] {Threei}  TICKS HIGHER ON POSITIVE MENTION BY A FUND MANAGER APPEARING ON CNBC
[15:34] {dino} because fund managers have been so right for so long
[15:35] {dino} 3:35-40 bounce
[15:35] {magoo} or  crash
[15:35] {magoo} worx both ways
[15:36] {Threei}  anyone got this scalp on DRYS on a trick I described earler?
[15:36] {Threei}  .34 was big offer holding it down when market spiked
[15:37] {magoo} me vad
[15:37] {Threei}  easily available
[15:37] {Threei}  cool beans mags
[15:37] {Threei}  it's just a scalp trick, don't oversit
[15:37] {magoo} out boss
[15:41] {Threei}  FED'S KOHN: FED IS TAKING A HARD LOOK AT THE MUNI MARKET TO SEE WHETHER FED FUNDS COULD HELP
[15:42] {dino} why don't they just form a fed insurance company and provide insureance for premiums
[15:48] {dptl} have a good evening all
[15:48] {Threei}  take care dp
[15:50] {Threei}  I may have gotten the best of both worlds
[15:50] {Threei}  I never gave up kicking and cursing
[15:50] {dino} well we got the 3:40 rally
[15:50] {Threei}  yet got rally
[15:50] {i2romantis} partial exits are awesome!
[15:50] {dino} 80+ points, yesterday had one too 3:45ish
[15:50] {i2romantis} of course on the upstream
[15:55] {Threei}  how about one more parting spike, market?
[15:55] {i2romantis} was married to PALM today, and it worked out well
[15:55] {Threei}  no comments by anyone please
[15:59] {larisa} bye all   :) 
[15:59] {i2romantis} bye larisa
[15:59] {Threei}  ok guys
[15:59] {wishbone} good nite all
[15:59] {Threei}  as nice as morning was, the rest of the day was tiring
[16:00] {Threei}  tomorrow should be better
[16:00] {Threei}  or not
[16:00] {Threei}  thank you all
[16:00] {Threei}  have a good evening
[16:00] {_cujo} have a good one
[16:00] {Threei}  see you tomorrow
[16:00] {KSystems} you too
[16:00] {i2romantis} see you 3i
[16:00] {KSystems} and thank you!
[16:00] {magoo} ty vad
[16:01] {geo} ended the day in green .... am gratefull in this wierd market
[16:02] {geo} thanks 
[16:02] * Threei slaps geo around a bit with a large reminder to stop with pesimism, and things will work out much better
[16:02] {geo} lol
[16:02] {Threei}  question
[16:02] {geo} sorry
[16:02] {geo} ?
[16:02] {Threei}  have you ever in your life
[16:03] {geo} didnt know being gratefull was pessimism
[16:03] {Threei}  seen a person who said "it's too hard, I can't do it, I am useless" etc, along these lines
[16:03] {Threei}  AND succeeded?
[16:04] * geo mutters he was happy to be green and now has to ponder meaning of life
[16:04] {Threei}  lol
[16:04] {Threei}  no, I am mostly addressing earlier remarks
[16:04] {geo} from me?
[16:05] {dino} if you think you can, or can't, you are right
[16:05] {Threei}  (whispering) do I care who was it who uttered them?
[16:05] {Threei}  eqzaktly dino
[16:05] {geo} They saw with time even a rope drawing water from a well leaves marks on stone walls
[16:05] {geo} say
[16:05] {Threei}  can't tell you how often I heard:
[16:05] {geo} hows that for a saying !
[16:05] {Threei}  no matter what I do, it doesn't work
[16:06] {Threei}  or
[16:06] {Threei}  any trade I take is sure to turn against me
[16:06] {Threei}  or
[16:06] {Threei}  it's like market just waits for me to enter, and turns around right away
[16:06] {Threei}  etc,. you know the kind
[16:06] {geo} lololol
[16:06] {i2romantis} lol
[16:06] {geo} its that guy I was talking about
[16:06] {i2romantis} I've said that before 
[16:06] {Threei}  what I never ever saw is
[16:06] {geo} he just said that yesterday
[16:07] {Threei}  someone succeeding while thinking along these lines
[16:07] {Threei}  I am not saying positive thinking magically turns things around by itself, far from it
[16:07] {Threei}  but it's a foundation
[16:07] {Threei}  without it you have nothing to build on
[16:08] {geo} i dont know too many neagative sucessfull people
[16:08] {Threei}  and one more thought to leave you with for the night
[16:08] {geo} actually none
[16:08] {Threei}  it's actually going to be a quote from my next book, consider it sneak preview
[16:08] {dino} uh oh
[16:08] {i2romantis} next book? sounds good !
[16:09] {Threei}  even fear, one of the most impedimental eemotions,
[16:09] {Threei}  has some useful applications.
[16:09] {geo} true
[16:09] {i2romantis} true that.
[16:10] {Threei}  But self-doubt is the most wasteful and useless state of mind, accompl.ishing nothing but total and absolute waste of time and energy.
[16:10] {geo} true....

Monday, January 12, 2009

Jan 12, 2009

One of those days when nothing works. You do your best to lose money, and succeed. We succeeded.

[08:11] {Threei}  Good morning
[08:12] {Threei}  PALM activity
[08:12] {Threei}  DRYS activity
[08:14] {Threei}  LEN defense
[08:14] {Threei}  RELEASES STATEMENT CONCERNING RECENT STOCK PRICE ACTION
[08:14] {Threei}  To protect our investors, the information we are disclosing today confirms the following:
[08:14] {Threei}  -- COO Jon Jaffe, did not receive a mortgage on his home or any other indebtedness connected to the company.
[08:14] {Threei}  - Lennar never "treated its joint ventures like a Ponzi scheme." -
[08:14] {Threei}  - Lennar has never siphoned cash from one joint venture to another.
[08:15] {Threei}  etc
[08:15] {Threei}  a lot of lines starting with "we never"
[08:15] {patience} good morning  :)
[08:15] {Threei}  patience :)
[08:21] {Threei}  CHYRSLER CEO NARDELLI: CHRYSLER WILL SELL ELECTRIC VEHICLES BY THE END OF 2010, SEES SELLING 500K ELECTRIC UNITS BY 2013 - CNBC INTERVIEW
[08:21] {Threei}  CEO: EXPECTS SUPPLIERS TO FACE CHALLENGES IN FEB, MARCH - CNBC INTERVIEW
[08:21] {Threei}  - Planning for oil at $130-160/bbl in the future, sees switch to smaller vehicles continueing over time.
[08:27] {Larisa} good morning :)
[08:28] {Threei}  Larisa :)
[08:28] {Larisa} threei :)
[08:32] {dptl} good morning all
[08:32] {Threei}  dp :)
[08:32] {Threei}  BALTIC DRY BULK INDEX UP +1.9%, A FIFTH STRAIGHT ADVANCE
[08:34] {KSystems} Hello wizeman
[08:35] {Onix} Good morning all
[08:35] {_wizeman} test
[08:36] {Threei}  Omix :)
[08:36] {Threei}  good morning wizeman, you are OK
[08:36] {_wizeman} thanks
[08:36] {dptl} is there any way to hide activity like: whoever join room or got kicked out?
[08:36] {Threei}  yes
[08:37] {Threei}  right click, Event
[08:37] {Threei}  look for boxes Joins, Quits
[08:38] {Threei}  select Hide
[08:38] {Threei}  found it?
[08:39] {dptl} right klick where?
[08:39] {Threei}  on the button in upper bar saying #discussions
[08:40] {dptl} got it ty :)
[08:40] {cosmo} mIRC no worky
[08:40] {Threei}  mirc worky
[08:40] {cosmo} nobody there
[08:40] {cosmo} 'cept magoo...
[08:40] {Threei}  sure, you connect old room
[08:41] {geo} gm all
[08:41] {cosmo} k
[08:41] {Threei}  while we all migrated to new one
[08:41] {Onix} hi geo
[08:41] {Threei}  tell magoo to get with the program...
[08:41] {Threei}  geo :)
[08:41] {cosmo} figures...
[08:41] {Threei}  have you guys gotten an e-mail??
[08:41] {KSystems} magoo decided to stay on Bermuda instead :)
[08:41] {Threei}  or have you been here on Friday when we all tested new room?? :)
[08:41] {Onix} anyone know hw i may enlarge the script here please?
[08:42] {Threei}  you are using mirc or hobbit Onix?
[08:42] {geo} i gotone saturday
[08:42] {hawkfan4} got the email vad
[08:42] {Threei}  great... onviously magoo doesn't read his...
[08:42] {Onix} it says mibbit irc
[08:42] {Threei}  OK... I don't know that one, sorry
[08:43] {geo} so i paid and go rif of mirc registration
[08:43] {KSystems} one sec onix
[08:43] {Threei}  cosmo, told magoo to go read the instructions on new login?
[08:43] {geo} they were running a 10 dollar lifetime special
[08:44] {cosmo} new?
[08:44] {geo} hmm I thougt magoo was kidding about his pc skills
[08:45] {Threei}  I think he missed the whole thing geo
[08:45] {geo} ahhh
[08:46] {_jamie} Good morningVad
[08:46] {Threei}  morning jamie
[08:47] {geo} i logged in old room and left him the instructions link
[08:47] {Threei}  and I sent him e-mail
[08:47] {cosmo} do i have to download a new mIRC ?
[08:48] {Threei}  yes cosmo
[08:48] {geo} yeas i think
[08:48] {cosmo} k
[08:48] {Threei}  look for instructions at that page and follow them literally
[08:48] {Threei}  you'll be fine
[08:48] {i2romantis} any thoughts on palm today?
[08:48] {i2romantis} and morning everyone :)
[08:48] {Threei}  i2r :)
[08:50] {Threei}  not sure about PALM at this point
[08:50] {Threei}  its Fri high is 6.58
[08:50] {i2romantis} i have an overnight pos at 6
[08:50] {i2romantis} so I'll exit then
[08:51] {Threei}  if it consolidates close to that high for a while then breaks it with solid volume, that would likely indicate another leg up starting
[08:51] {Threei}  with overnight, your question to yourself is:
[08:51] {Threei}  self, did you want a gap or swing trade?
[08:51] {KSystems} Onix: i am trying to find it out, give me a few mins please
[08:51] {Threei}  if gap, you got it, take your profit and don't get too cocky
[08:52] {i2romantis} gap
[08:52] {i2romantis} k
[08:52] {Threei}  if swing, then let's see where your indications are for a) trade failure b) continuation
[08:52] {i2romantis}  ok
[08:52] {Threei}  and place stops and targets accordingly
[08:53] {i2romantis} one thing though, during premarket i'm not able to put an automatic stop, does your system allow you to do that?
[08:53] {Threei}  hmmm... anyone tried?
[08:53] {Threei}  I don't know, really... I rarely if ever use them even in normal trading
[08:53] {i2romantis} i'm out now
[08:53] {i2romantis} ok
[08:53] {i2romantis} thx vad
[08:54] {Threei}  my guess would be, stops limits should work
[08:54] {Threei}  stop markets, not sure
[08:54] {Threei}  because technically there is no market until it's open
[08:54] {i2romantis} true
[08:54] {Threei}  could be different for ECNs though, don't know
[08:54] {i2romantis} ok
[08:59] {Threei}  morning spotlight, welcome
[08:59] {_stoplight} thanks
[09:05] {Threei}  keep an eye on PALM, trying to make its way to Fri high
[09:05] {Threei}  DRYS, pullback is a bit too deep for my taste
[09:05] {Threei}  but we will see
[09:06] {Threei}  if those huge offers at 6.50 get taken on PALM, probably deserves a shot
[09:06] {dptl} with stop under .40?
[09:07] {Threei}  premarket is tricky thing
[09:07] {Threei}  I'd rather go for half lot and wider stop
[09:07] {dptl} mised it anyway
[09:07] {Threei}  breaking Fri high
[09:08] {fernp} Hello everyboy
[09:08] {Threei}  fern!
[09:08] {KSystems} Onix: You cannot change font size on-the-fly at the moment
[09:08] {Threei}  welcome back
[09:08] {fernp} thank you
[09:09] {dino} i2r, pre and after hours stop limits not allowed for me either
[09:09] {Onix} ty ks
[09:09] {dino} gm all
[09:09] {Threei}  morning dino
[09:09] {dino} this room only today
[09:09] {Threei}  did magoo get lost in cyberspace?
[09:09] {lisa_jay} Good Morning.
[09:09] {Threei}  lisa :)
[09:10] {Onix} hi lisa :)
[09:10] {lisa_jay} Hi Guys.
[09:10] {KSystems} Good morning everyone!
[09:10] {Threei}  ks :)
[09:11] {Threei}  anyone went for PALM, feel free to sell half or take scalp here
[09:12] {dino} magoo is lost in space
[09:12] {Threei}  sigh
[09:12] {dino} he's trying
[09:12] {Threei}  tell him his manner to ignore me finally caught up with him {G}
[09:13] {cosmo} getting lost?
[09:14] {Threei}  who partialled out, trail PALM balance stop to .45 and try to catch an exit on the next spike
[09:14] {Threei}  closer to .80
[09:18] {Threei}  dino... tell mago to use browser connection for now, he is trying to use old mirc and it connects him, naturally, to old room
[09:19] {KSystems} OK...replay is now working for mibbit users
[09:19] {Threei}  and while you are at it, can you put your elbow in his ribcage? I will owe you debt of gratitude
[09:20] {dino} lol
[09:22] {Threei}  want to skip first minutes after opening
[09:22] {brian3579} gm all
[09:23] {Onix} hi brian :)
[09:23] {Threei}  market feels like typical Monday so far - not sure what it looks like, looking at itself in the mirror, trying to remember its name and why it drank so much and with whome
[09:23] {Threei}  brian :)
[09:23] {Onix} :D
[09:23] {Threei}  wow
[09:23] {Threei}  magoo made it
[09:23] {Threei}  dino's elbow helped I bet
[09:24] {magoo} JESUS lol
[09:24] {Threei}  ese is still wandering the cyberspace
[09:24] {magoo} now what vad
[09:24] {magoo} MIRC?
[09:24] {Threei}  how about you get to it later?
[09:25] {Threei}  it's challenging... for the Monday morning hangover
[09:25] {i2romantis} probably because ese trying to use a diff nick?
[09:25] {magoo} i used to click an icon on my logup screen for old room
[09:25] {magoo} is that what i need to download?
[09:25] {Threei}  that;s how it will be when you onfigure new one
[09:25] {magoo} ok..later
[09:26] {Threei}  yeah
[09:27] {Threei}  watch DRYS here
[09:27] {Threei}  16.60 area is support
[09:27] {Threei}  if sels into it or sharply spikes lower, should be easy scalp
[09:30] {Threei}  quote from Oct 29:
[09:30] {Threei}  [12:23] {Threei} (RU) RUSSIAN AMBASSADOR TO EU: RUSSIA IS "TOO CIVILIZED" TO CUT OFF ENERGY SUPPLIES TO THE EU
[09:30] {Threei}  [12:24] {Threei} let's remember this 'too civilized"
[09:30] {Threei}  [12:24] {Threei} my prediction is, come winter we will have a few occasions to return to this sentence
[09:30] {Threei}  OK, DRYS
[09:30] {Threei}  prepare half lot entry
[09:30] {Threei}  next sharp spike down
[09:31] {Threei}  .55 long
[09:31] {Threei}  if stays above .40
[09:31] {Threei}  that ws fast
[09:31] {Threei}  no chasing
[09:31] {Threei}  if you missed it you missed it
[09:32] {magoo} i tried but moissed
[09:32] {Onix} missed it :/
[09:32] {geo} in .5 out .7
[09:32] {geo} nice vad
[09:32] {geo} wow
[09:33] {Threei}  a bit early out eh?
[09:33] {geo} against Q... Ill never understand drys
[09:33] {hawkfan4} thx vad, in .54, out .99
[09:33] {Threei}  wth hawk
[09:33] {geo} hehe hawk
[09:33] {Threei}  wtg
[09:33] {hawkfan4} :)
[09:33] {geo} using the laser eh?
[09:33] {hawkfan4} yep, love it
[09:33] {Threei}  and apparently loving it
[09:34] {Threei}  watching PLD, want one more pullback before breaking .50
[09:35] {Threei}  idea is to take half lot on .50 break with stop under .30
[09:36] {dptl} in .54
[09:37] {ese} hmmmmmm  i think i'm in
[09:37] {Threei}  yes, good morning
[09:37] {Threei}  half out PLD
[09:38] {Threei}  want to try and milk second half
[09:38] {Threei}  market strengthens, it has potential
[09:38] {dptl} out  ty
[09:38] {ese} long APWR .24 1/2
[09:38] {Threei}  missed DRYS pullback into 16.80... ugh
[09:40] {Threei}  PLD stop to .45 of course
[09:40] {Threei}  don't like this sharp drop in the market but like how PLD is holding... so still want to give it a chance
[09:42] {magoo} DRYS holds too
[09:42] {KSystems} out PLD
06[09:42] * geo feeling wierd
[09:42] {Threei}  out second half PLD
06[09:43] * geo is used to being kicked out a few times by now
[09:43] {Threei}  lol
[09:43] {KSystems} PLD - out 1/2 .70 - rest .45
[09:43] {Threei}  yes KS, that's the way to structure it
[09:43] {lisa_jay} HOLX salmon
[09:43] {Threei}  DRYS
[09:43] {Threei}  good pullback
[09:44] {Threei}  I'd love to get it closer to 16.80
[09:44] {Threei}  with this market drop we might just get it
[09:44] {Threei}  half lot, volatile opening
[09:45] {Threei}  in
[09:45] {Threei}  stop under .60
[09:45] {ese} stopped apwr-.23
[09:45] {Threei}  nope
[09:46] {dptl} stopped
[09:46] {Threei}  closer to .40 then
[09:46] {Threei}  fuirst strength from here
[09:47] {Threei}  got .35, stop under .20
[09:47] {magoo} .45 here
[09:49] {Threei}  offer half about .60
[09:50] {Threei}  feel free to take profit into this spike
[09:50] {Threei}  out .80
[09:50] {geo} drys is crazy
[09:51] {i2romantis} out.80
[09:51] {tomg} thanks vad
[09:51] {i2romantis} thx vad
[09:51] {Threei}  welcome guys, good reflexes
[09:51] {Threei}  and nice resolve
[09:51] {hawkfan4} nice vad
[09:51] {i2romantis} fast reflexes :)
[09:51] {Threei}  not always easy to re-enter stock that just stopped you out
[09:51] {Threei}  takes cold blood
06[09:52] * Threei in now known as lizard
[09:52] {Threei}  watch RIMM pullback
[09:52] {Threei}  interestingly strong
[09:52] {Threei}  stays green while all markets are red
[09:53] {Threei}  wow... that was a bit out of blue
[09:54] {ese} long apwr  .97 1/2 capitulation play
[09:54] {Threei}  too jumpy, can't get relaible read on it
[09:55] {ese} i know the feeling peter
[09:55] {Threei}  something isn;t very convincing about LEN defence in market eyes
[09:56] {Threei}  let's see where this bounce tops out
[09:56] {Threei}  maybe we can get nice short setup at 8.55
[09:56] {Threei}  .70 is resistance so far
[09:57] {Threei}  RIMM
[09:57] {Threei}  HEARING GOLDMAN MAKING POSITIVE COMMENTS (TIMING UNCERTAIN)
[09:57] {Threei}  broke .70... no setup for now
[09:58] {ese} out APWR .23 +.26
[09:58] {Onix} ;)
[09:59] {geo} drys JBE?
[10:01] {Threei}  well
[10:01] {Threei}  .85 break if stays above .70...
[10:01] {Threei}  somehow I am not delighted
[10:01] {geo} sigh
[10:01] {Threei}  ok, good, invalidated anyway :)
[10:02] {magoo} .40 seems like good support drys vad
[10:02] {Threei}  sometimes setup is formally there but it just doesn't feel right
[10:02] {Threei}  bands are tightening on it
[10:02] {Threei}  sharp move is coming
[10:02] {Threei}  and my feel is, down
[10:04] {Threei}  I would be looking for panic selling into .50 and just under for entry
[10:04] {Threei}  if it choses up from here, will let it go
[10:05] {magoo} rimm looks goiod here..opinion?
[10:06] {Threei} Consider Buying:  RIMM  .30 break if stays above .15, half lot
[10:06] {dptl} are you in?
[10:07] {Threei}  market is still donwticking
[10:07] {Threei}  don't want to enter against it
[10:08] {Threei}  invalidated
[10:09] {cosmo} HOLX
[10:09] {cosmo} salmon
[10:09] {Threei}  headfake RIMM
[10:09] {Threei}  whatever
[10:10] {Threei}  HOLX had news
[10:10] {Threei}  01/12/09 07:02am
[10:10] {Threei}  [HOLX] Hologic, Inc. Raises Q1 EPS guidance to $0.30-0.31 v $0.29e ($0.29-0.30 prior), cuts Rev guidance to $428-429M v $437Me ($441-443M prior)
[10:10] {Threei}  - The 3% decline in anticipated revenues from its initial guidance is principally due to reductions in revenues in Hologic''s Breast Health segment.
[10:10] {Threei}  - The Company attributes this decline primarily to cost pressures faced by hospitals, due to the worldwide economic instability which has resulted in longer sales processes and delays of capital equipment purchases.
[10:11] {Threei}  DRYS is getting there
[10:12] {Threei}  quick dive under .50
[10:13] {Threei}  OK... if not losing .40, can try .50 break, half lot
[10:14] {dptl} in
[10:15] {Threei}  this is one of those "if stopped be ready to re-enter on sharp drop"
[10:15] {Threei}  should be fine though, looks like it shook out enough
[10:16] {Threei}  GM
[10:16] {Threei}  CHEVY VOLT BATTERY TO BE MANUFACTORED IN US
[10:16] {Threei}  who makes those?
[10:17] {Threei}  come on already DRYS
[10:17] {Threei}  don't like it when it takes so long
[10:18] {dptl} nope
[10:20] {dptl} pld?
[10:22] {Threei}  not sure
[10:22] {Threei}  nothing shapes up on it
[10:23] {peterg} ok I'm in!
[10:23] {peterg} morning all
[10:23] {Threei}  morning peter
[10:23] {peterg} hmm. everybody's type is blue but mine
[10:23] {_jamie} "How dry I am..."
[10:24] {Threei}  DRYS double bottom, who is up to try
[10:24] {Threei}  .80
[10:24] {peterg} nope, vad is blue
[10:24] {Threei}  with stop under .65
[10:25] {Threei}  invalidated
[10:25] {_jamie} double bottom in what timeframe?
[10:25] {Threei}  1 min
[10:27] {Threei} Long Setup:  RIMM  .20 half lot
[10:28] {dptl} stop under 48?
[10:29] {Threei}  yup
[10:29] {dptl} in .22
[10:31] {Threei}  stop to under .10 RIMM
[10:32] {i2romantis} PLD, what a nice move
[10:32] {Threei}  DRYS too
[10:32] {_jamie} excellent call on drys
[10:32] {Threei}  missing a bit too many of those today
[10:33] {Threei}  mised its reversal actually
[10:33] {magoo} wippy vad
[10:33] {ese} that was a nice move by pld romanis.....were you in
[10:35] {dptl} stopped rimm
[10:35] {i2romantis} nope
[10:35] {i2romantis} was watching it
[10:35] {Threei}  yeah, tightened stop was a good idea
[10:35] {Threei}  look at it now
[10:35] {dptl} yeah
[10:35] {Threei}  if it wanted to work, it should have worked much sooner
[10:37] {_wizeman} test
[10:37] {Threei}  passed
[10:40] {Threei}  can't get a rythm today
[10:40] {Threei}  eithere there is none or I am overrelaxed on weekend
[10:41] {Threei}  not sure which it is but it must be magoo's fault
[10:42] {i2romantis} PALM is pretty low
[10:47] {Threei}  it's likely to make double bottom if market finally establishes upward direction
[10:47] {ese} long APWR .11 full lot
[10:48] {i2romantis} waiting for it
[10:48] {Threei}  first bottom was just outside of lower band
[10:48] {Threei}  if second remains inside, 6 is holding, market reverses...
[10:48] {i2romantis} k
[10:48] {Threei}  all those conditions are needed
[10:49] {Threei}  STKL?
[10:49] {i2romantis} wow, that was huge on stkl
[10:49] {Threei}  I don't see news
[10:50] {Threei}  .13 was last high on the bounce on PALM
[10:51] {dptl} so .14 long?
[10:51] {Threei}  looks like
[10:51] {i2romantis} lower high, waiting for second bottom
[10:51] {i2romantis} maybe this is it
[10:52] {i2romantis} i'm already in, looking to add
[10:55] {KSystems} are you calling this, vad?
[10:56] {Threei}  do I have to?
[10:56] {KSystems} ;)
[10:56] {Threei}  well, if we get market spike, it should work for a scalp
[10:56] {_jamie} no....to me palm isn't happening yet...I want it to...
[10:58] {dptl} in .13 stop under 6
[11:04] {wishbone} ydtysryuayau
[11:04] {Threei}  you think?
[11:04] {hawkfan4} exactly
[11:04] {_stoplight} agreee
[11:04] {wishbone} lol
[11:05] {Threei}  quite yawny market today
[11:05] {_jamie} I'm bored
[11:08] {fernp} I'm short in HBAN 6.40 . Vad, do u think can toucj 6.00 or is too optimistic?
[11:09] {Threei}  if market continues dropping, most likely
[11:09] {fernp} ty
[11:09] {Threei}  if you have enough shares, protect ha;f
[11:09] {Threei}  half
[11:09] {fernp} i did it
[11:09] {Threei}  :)
[11:09] {Threei}  nice entry
[11:15] {Threei} Long Setup:  AMZN  53 break if stays above 52.80, half lot
[11:19] {magoo} vad, if amzn goes prob rimm too correct?
[11:19] {magoo} same conditions
[11:19] {dino} deck decked
[11:19] {Threei}  likely, yeah
[11:20] {Onix} :D
[11:20] {Onix} dino
[11:21] {Threei}  see that big offer at .98 AMZN?
[11:21] {Threei}  that's your indication
[11:21] {Threei}  if taken, grab it
[11:22] {Threei}  market still looks like cow on ice
06[11:22] * geo wonders where vad saw that in real life
[11:22] {_jamie} yeah vad doesn't the bad indexes call the long trade into question?
[11:22] {i2romantis} lol, never seen a cow on ice 
[11:23] {i2romantis} unless it's a disney presentation
[11:23] {Threei}  jamie... not if you find a stock that is holding strongly while market drops
[11:23] {Threei}  notice how AMZN stopped going down with market
[11:23] {_jamie} Yeah AMZN looks great...I have an order form all filled out.   I never saw a cow on ice but I saw a coked up bull in a Peruvian Bullfight.
[11:24] {Threei}  order form? gosh, what do you use for a broker?
[11:24] {_jamie} scottrade 
[11:24] {_jamie} is it a long yet for us or what?
[11:25] {Threei}  it hasn't triggered yet
[11:25] {geo} order form hmmmmmm
[11:25] {Threei}  needs to take that fat offer at .98
[11:26] {_jamie} i see
[11:27] {dptl} in 53
[11:27] {Threei}  here we go
[11:27] {dino} still trying to picture that coked up bull
[11:28] {Threei}  no shaking out AMZN, okay?
[11:28] {wishbone} stop?
[11:28] {Threei}  under .80
[11:28] {wishbone} ty
[11:29] {i2romantis} me too on coked up bull
[11:29] {Threei}  oh come on
[11:30] {Threei}  what is it, day of fakeouts today?
[11:30] {_jamie} blooduckera
[11:30] {Onix} :s
[11:30] {Threei}  sheesh
[11:30] {KSystems} rude
[11:31] {dptl} damn   stoped -.25
[11:31] {dino} afam holding well today
[11:31] {dino} rate goes +
[11:31] {Onix} my head is all bumpy & lumpy from all the hits on it by the market this morning!
[11:31] {dino} these have been killed over last 4 days
[11:31] {_jamie} !Bloodsuckers!
[11:32] {dino} sookie
[11:32] {Threei}  I guess we had it too good for too long, market has to win sometimes too
[11:32] {peterg} everytime I hit mouse, IRC window disappears. Comes back when I click onit
[11:32] {Onix} :D
[11:33] {Threei}  tell it to stay on top, peter... right click on the top blue bar
[11:33] {Threei}  check On top line
[11:33] {dino} 3i, imo, same as last 4 months window dress last week each month, week 2 destroy them. been happening since september
[11:33] {KSystems} hes on mibbit vad
[11:33] {Threei}  oh... he said IRC
[11:35] {dino} 9000-8300s
[11:35] {i2romantis} palm couldn't take the beating
[11:35] {wishbone} peterg
[11:36] {peterg} yah?
[11:37] {wishbone} jmb recommended keep windo w on top @ http://www.delayedreaction.com/freestuff/index.html
[11:37] {peterg} back soon
[11:40] {Threei}  DRYS
[11:40] {Threei}  .50 support, see if you can get it closer to it
[11:41] {Threei}  fernp got his 6 on HBAN
[11:43] {lisa_jay} ?
[11:44] {Threei}  he was short it from 6.40 lisa
[11:44] {Threei}  ask if it had a shot at 6
[11:45] {lisa_jay} the auto away is kicking in..i am still here.
[11:45] {Threei}  what's autoaway?
[11:45] {dino} -7% s&p since wed, 7% ndx, 6.2% dji 
[11:45] {Threei}  fernp... covered your HBAN?
[11:46] {fernp} yes 6.05
[11:46] {Threei}  :)
[11:46] {KSystems} are you catching drys here vad?
[11:46] {dptl} are you in drys Vad?
[11:46] {Threei}  if holding .59, .56 is long
[11:47] {Threei}  if holding .50 that is
[11:48] {dptl} got .57
[11:50] {ese} right shoulder forming of inverted head and shoulders pattern on indexes..... imo  
[11:50] {Threei}  sigh
[11:50] {dptl} stopped
[11:50] {KSystems} stopped
[11:50] {ese} daily charts
[11:50] {Threei}  things are simply wrong today
[11:51] {ese} yep...would agree with that
[11:52] {ese} although it's a slow sell down.......not many majors left to sell i don't think
[11:53] {ese} correct me if i'm wrong....indexes up against the upper1/3 of their 3 month ranges range
[11:53] {ese} ranges range???
[11:54] {Threei}  lol PALM
[11:56] {i2romantis} i sold PALM and got back in with lower pos at lower $
[11:56] {i2romantis} PALM is showing good strength compared to market drops
[11:59] {dptl} can't beleive that drys 
[12:07] {Threei}  what about now?
[12:07] {magoo} vad, news FSLR??
[12:07] {Threei}  nothing freshj
[12:08] {KSystems} welcome to the gang, elepet!
[12:09] {dino} fslr down on oil imo
[12:09] {dptl} holx?
[12:11] {dino} eps up, and upgrades
[12:19] {Threei}  market tune seems to be changing
[12:20] {magoo} in genral as bad..or in today as bounce?
[12:20] {Threei}  today as bounce
[12:20] {magoo} ok..ty
[12:22] {magoo} market hasnt bounced in years
[12:22] {dino} gaps dji 8487, ndx 1177 s&p 870 area
[12:22] {magoo} will never ever go up again
[12:22] {dino} 12/30
[12:24] {dino} not until those gaps fill magoo
[12:25] {magoo} u may be correct dino
[12:27] {elepet} hello everybody.
[12:27] {Threei}  hi elepet, welcome back
[12:27] {_jamie} :D
[12:28] {elepet} why does this look different? is it better than MIRC?
[12:28] {Threei}  just another way to connect new room
[12:28] {Threei}  to use mIRC you need to configure it
[12:29] {Threei}  instructions are on the website, right under instructions you used to get here
[12:29] {i2romantis} i still use mirc, bought it actually, i prefer using mirc
[12:30] {geo} same here.. they were oferring a 10 dollar one time lifetime
[12:30] {Threei}  ok... going to start trying again
[12:30] {Threei}  .30 break DRYS if holding above .20
[12:30] {dptl} in
[12:31] {magoo} in
[12:31] {KSystems} in .32
[12:33] {Threei}  over 1:1
[12:34] {magoo} vad..w/drys u looking much more than that right?
[12:34] {dptl} half out
[12:34] {Threei}  yes mags, but protecting half
[12:34] {Threei}  today is too brutal shakeouts wise
[12:34] {magoo} i mean..could go over 16
[12:35] {Threei}  if market recovers for real, it can
[12:36] {KSystems} it worked this time....entry i mean ;)
[12:37] {Threei}  if you are comfortable, try to start exiting closer to .60
[12:37] {ese} signing off see ya'll tamara.....
[12:38] {Threei}  take care ese
[12:38] {ese} is there any particular way to og out
[12:38] {ese} log out
[12:38] {KSystems} yes ese
[12:38] {KSystems} takes a few hours
[12:38] {KSystems} if you dont wanmt to go through that procedure
[12:38] {ese} how do you mean
[12:38] {KSystems} just close the window :)
[12:39] {KSystems} no really, just exit
[12:39] {ese} tks
[12:39] {KSystems} take care
[12:39] {larisa} no trout in mibbit ? :)
[12:39] {Threei}  half out magoo
[12:39] {Threei}  please?
06[12:40] * Threei slaps magoo around a bit with a large reminder of risk control
[12:40] {KSystems} hrmmm larisa
[12:40] {KSystems} good point
[12:40] {KSystems} I'll add one
[12:41] {larisa} lol, I actually wanted to slap you gently, so may be you do not want to add it :)
[12:41] {Threei}  guys, it's all well and nice to hunt for a big bounce on such stock as DRYS, it often gives such opportunities... but do protect partial profits
[12:42] {Threei}  move from .30 to over .50 is not a small feast for such brutal day
[12:43] {magoo} how u get as slap?
06[12:43] * geo slaps magoo around a bit with a large trout
[12:43] {geo} like this
[12:43] {Threei}  see? easy
[12:43] {geo} i love this...
[12:43] {magoo} do i need to be in the mirc?
[12:43] {Threei}  disarmed magoo? :)
[12:43] {geo} magoo is unarmed
[12:43] {magoo} yep
06[12:43] * dptl slaps magoo around a bit with a large trout
[12:43] {geo} mirc magoo
[12:43] {geo} intructions posted
[12:43] {magoo} ooh n
[12:44] {Threei}  see how quickly those profits can evaporate?
[12:44] {i2romantis} vad was right on DRYS, nice
[12:44] {geo} thanks guys... lost some today.... distraceted.... have a great day
[12:44] {dino} dino will post "slap" when needed
[12:45] {Threei}  take care geo, gotta give back some now and then
[12:45] {geo} yup
[12:45] {Threei}  first losing day this year
[12:45] {Threei}  third since Nov 15
[12:45] {Threei}  lol
[12:45] {KSystems} hey its not even over yet
[12:45] {Threei}  true also
[12:45] {Threei}  I just have written it off
[12:46] {dino} cya geo
[12:46] {Threei}  and if it gives recovery chance, great
[12:46] {Threei}  if not, in my mind it's already accepted
[12:46] {_jamie} Pas de problème ..... c'est un étrange marché.
[12:47] {Threei}  oh great
[12:47] {Threei}  now I have to learn french?
[12:47] {_jamie} hehehe
[12:47] {Threei}  no chance in da world
[12:47] {Threei}  I learn one new language every 40 years
[12:47] {KSystems} LOL
[12:47] {Threei}  next one will be in 28
[12:49] {_jamie} I'm uni-lingual.
[12:49] {Threei}  btw, stop on DRYS balance is just under .30 now
[12:52] {Threei}  if market continues recovery, aim to exit 1/4 more DRYS above .60,
[12:52] {KSystems} Hi cujo
[12:52] {_cujo} hello
[12:52] {KSystems} welcome!
[12:52] {_cujo} thanx
[12:52] {Threei}  stop under .30 protects from loss at this point
[12:52] {_cujo} how are things going today}
[12:52] {_cujo} ?
[12:53] {Threei}  worst case scenarion, you got profit on half lot, stopped about breakeven on another half
[12:53] {Threei}  not stellar cujo
[12:53] {Threei}  but welcome to the room nonetheless
[12:54] {brian3579} hal
[12:54] {brian3579} sorry wrong window
[12:55] {Threei}  I bet chaeron is logged in old room and looks around in bewilderment
[12:58] {magoo} thats what i did
[12:58] {Threei}  F
[12:58] {Threei}  CFO: SEES GOOD CHANCE FOR US AUTO SALES RECOVERY IN SECOND HALF OF 2009
[12:58] {Threei}  {GM}
[12:58] {magoo} then even new room was just me lol
[12:59] {Threei}  that was old one mags... you just didn't recognize it with all the furniture moved out
[12:59] {_cujo} sry, new here.  What is the diff between Discussion 25 and floor 24?
[13:00] {Threei}  i2r, you still holding PALM?
[13:00] {Threei}  #discussions is where we all talk, cujo
[13:00] {Threei}  #floor is where my comments are being echoed, with no chatter
[13:00] {_cujo} got it.  thanks. 
[13:00] {Threei}  so if you need to track down some call, you have less scrolling to do
[13:01] {elepet} is there anything else on the table besides DRYS?
[13:01] {Threei}  not at the moment
[13:02] {elepet} o.k. so i didn't miss anything.  When the market is like this does anyone short anything?
[13:02] {Threei}  we had one inmind but it never triggered
[13:02] {Threei}  well it did actually but invalidated setup first
[13:02] {Threei}  LEN
[13:03] {Threei}  it performed admirably for us on Friday on short side
[13:06] {magoo} ive been studying DRYS..seems its first move at open always pushes WAY farther than scalp..usually thruwhole number  and fails in ..30 are
[13:06] {Threei} Short Setup: HIG  14.94 half lot if stays below 15.10
[13:06] {magoo} then a dissappointer most of rest of dayt
[13:08] {Threei}  invalidated
[13:11] {magoo} i truly miss when we could count on a 300 point reversal
[13:14] {elepet} Is there anyway or making this screen smaller by minimizing all the  green space on the left but keeping the message space wide?
[13:16] {dptl} agu?
[13:17] {Threei}  can't tell dp, this kind of setups snaps back too often today
[13:17] {i2romantis} PALM out +.2
[13:17] {dptl} i see
[13:17] {Threei}  wtg i2r
[13:22] {Threei}  FED'S LOCKHART: IT WOULD BE A STRETCH TO CALL FED POLICY "AN INDUSTRIAL POLICY"
[13:22] {Threei}  who is calling it that?
[13:22] {Threei}  we are caling it idioticv policy
[13:22] {Threei}  so yeah, to call it industrial would be a stretch
[13:22] {Onix} :D
[13:24] {fernp} CSCO in short, vad?
[13:25] {Threei}  well, it's likely to drop is market does... but there is not much of a play on its own merits
[13:25] {Threei}  is = if
[13:27] {fernp} 10 cents stop. worth a try
[13:38] {_jamie} today is so blah
[13:38] {Threei}  truer words were never spoken
[13:39] {Threei}  what can you say about the market where the best peforming stock from its opening price is SAY
[13:39] {dino} indeed
[13:40] {_cujo} Vad, what do you see in RIMM? 
[13:40] {fernp} out CSCO +.10 
[13:40] {Threei}  wtg fern
[13:40] {fernp} quick scalp
[13:40] {Threei}  nothing really cujo, it follows the market second half of the day
[13:41] {_cujo} got ya
[13:41] {Threei}  started out strong, then fizzled out
[13:41] {fernp} market helped
[13:42] {Threei}  even USO, notoriously volatile one is locked into relatively narrow range today
[13:44] {Threei}  hmmm
[13:45] {Threei}  as soon as I noticed it, it started moving
[13:50] {Threei}  OK guys, I will operate under working assumption that we start a bit more serious bounce now
[13:50] {Threei}  watching RIMM for long on pullback closer to .50
[13:50] {Threei}  and DRYS for consolidation and break of .50
[13:52] {Threei}  USO pulled back from 31.20
[13:53] {Threei}  small shares for bounce
[13:53] {Threei}  volatile one, don't oversize it
[13:53] {KSystems} right here?
[13:53] {Threei}  on market strength, if holding above .90
[13:55] {dptl} got .07
[13:55] {KSystems} .07 here as well
[13:57] {Threei}  RIMM didn't give a chance
[13:58] {Threei}  sharp down market
[13:59] {dino} 2:00 area, been going down
[14:00] {dptl} got out uso
[14:00] {Threei}  RIMM is getting there but wait for market to show bounce
[14:00] {_cujo} ok
[14:00] {Threei}  GM
[14:00] {Threei}  NORTH AMERICAN SALES CHIEF: EXPECTING 500 FEWER DEALERS IN 2009
[14:00] {Threei}  yikes
[14:01] {Threei}  FED'S KROSZNER RESIGNS, EFFECTIVE JAN 21
[14:01] {Threei}  is that why matket got upset?
[14:02] {dino} dji filled
[14:02] {_jamie} enuff already
[14:03] {KSystems} uso stopped
[14:07] {dino} c{6
[14:08] {fernp} DELL short? or too extended downside
[14:08] {Threei}  same thing as with CSCO
[14:10] {fernp} don't like it too much. I'll pass
[14:11] {Threei}  yeah, this is kind of uncertain point in a very uncertain day
[14:11] {Threei}  tough to commit on any side
[14:11] {Threei}  market was totally ready for bounce when this wave of selling hit
[14:11] {dino} s&p pretty much filled
[14:11] {Threei}  and it looks news-caused
[14:12] {fernp} Yes, better be in the safe side. (just looking) :-)
[14:19] {elepet} what's happening with drys?
[14:19] {Threei}  just jumping up and down with not much rhyme or reason
[14:23] {dino} ok s&p
[14:23] {_jamie} goodnight Irene
06[14:26] * Threei slaps laserdave around a bit with a large reminder to read his e-mails
[14:26] {laserdave} howdy
[14:26] {Threei}  very well, thank you
[14:27] {Threei}  confess... have you gone to the old room and looked around thinking where we became invisible or you were still too drunk to see us?
[14:29] {Threei}  or magoo was all alone under the palm tree we forgot in the corner?
[14:29] {laserdave} yup i got to admit it
[14:30] {Threei}  must be quite an experience... mkind of sci-fi or horror movie about the end of the world
[14:30] {Threei}  you wake up, population's gone
[14:31] {Threei}  just couple zombies wandering the streets
[14:36] {larisa} laserdave please see DCC 
[14:36] {i2romantis} DRYS sm l .9
[14:38] {Threei}  i2r... that's not fair
[14:38] {Threei}  you got the stock 1 cent above day low
[14:39] {Threei}  if you continue to trade like this, market won't come out and play with you tomorrow
[14:39] {i2romantis} hey, we'll see what it does and figure out if it's fair :)
[14:39] {Threei}  gosh, you already got over 20 cents profit
[14:40] {Threei}  whatever it does next, you got good play on your hands
[14:40] {i2romantis} ty
[14:41] {Threei}  dave, dcc please
[14:44] {larisa} with this market PLD can actually get to Merrill's target of 11 and we did not believe his downgrade :)
[14:47] {dino} - 7% dji from tues.
[14:47] {dino} which was the high for jan, dec., and nov.
[14:48] {dino} well, more like the highest high in  months
[14:48] {Threei}  actually I don't mind such pullback
[14:48] {Threei}  more upside for us when market resumes
[14:49] {Threei}  as Bob Farrell said,
[14:49] {Threei}  Bull markets are more fun than bear markets
[14:49] {dino} agreed, still in buy dips(8300-8400) sell rips (9000) mode
[15:03] {i2romantis} DRYS +.32 out
[15:04] {Onix} gj :)
[15:06] {dino} gj i2r
[15:07] {i2romantis} thx :)
[15:07] {i2romantis} one more test, DRYS .08 very sm l
[15:08] {Threei}  good pullback, should be one more scalping opportunity as soon as market recovers
[15:08] {Threei}  same for PLD
[15:08] {i2romantis} stop under .85 for DRYS
[15:09] {i2romantis} PALM, very nice pullback
[15:10] {Threei}  F
[15:10] {Threei}  MARKETING CHIEF: FIRST TWO WEEKS OF THE YEAR HAD STRONGER-THAN-EXPECTED SALES
[15:10] {Threei}  what did they expect, to sell 2 cars a week?
[15:10] {Threei}  and sold 4?
[15:11] {magoo} .
[15:11] {i2romantis} lol
[15:11] {larisa} you are so mean
[15:11] {Threei}  I am
[15:11] {Threei}  how is it news for anyone?
[15:11] {KSystems} again, she wishes she could slap
[15:12] {larisa} I can now KS :)
[15:12] {KSystems} darn
[15:12] {Threei}  lol
[15:12] {dptl} pld .20?
[15:12] {Threei}  nah
[15:13] {Threei}  I prefer to buy this kind of bounces clower to support
[15:13] {Threei}  it was a play around .10 but kind of impossible to call
[15:15] {i2romantis} PALM, no takers?
[15:17] {Threei}  took .92 but for scalp only
[15:17] {i2romantis} good call
[15:18] {Threei}  out for measly 10 cents
[15:20] {Threei}  took DRYS .75
[15:20] {Threei}  stop is under .70
[15:21] {Threei}  ah come on, at least tag .90 or above
06[15:22] * Threei is kicking DRYS in the rear with heavy duty army boots
[15:22] {i2romantis} it listens to you 
[15:22] {Threei}  it better
[15:22] {KSystems} or else!
[15:22] {dptl} got .78
[15:23] {i2romantis} target?
[15:24] {Threei}  offering half .90
[15:24] {Threei}  hard to believe that 15 cents is "too greedy"
[15:25] {Threei}  we have famous dino bounce at 3:40
[15:25] {Threei}  maybe it helps
[15:26] {Threei}  if takes .88, should jump
[15:27] {Threei}  big if, eh?
[15:27] {dino} ouch pot
[15:27] {Threei}  yeah, -10
[15:27] {Threei}  and counting
[15:29] {dptl} am out drys
[15:33] {Threei}  ok dino
[15:33] {Threei}  let's start your bounce
[15:33] {Threei}  or not today?
[15:33] {KSystems} stopped drys
[15:34] {Threei}  lol, even asking for 15 cents was too much
[15:35] {dino} not betting on 3:40 bounce, the grind down to syeady imo
[15:35] {dino} steady
[15:35] {Threei}  yeah, looks like today no such thing as up
[15:36] {dino} slow bleed
[15:36] {dino} would like to see 8364, 1158, 857 hold
[15:36] {Threei}  in .46
[15:37] {Threei}  no way
[15:37] {i2romantis} in .41, stop below 25
[15:37] {i2romantis} wow
[15:37] {dino} otherwise back to dec lows around 8118,1096,818
[15:38] {Threei}  whatever
[15:38] {Threei}  this day is irrepairable
[15:38] {i2romantis} out
[15:38] {i2romantis} lol
[15:39] {dptl} yeah.....have a good evening all
[15:39] {Threei}  take care dp
[15:39] {dino} cya dp
[15:44] {Threei}  what can I say... this day was ours to lose, and we did our best
[15:44] {larisa} lol
[15:44] {_cujo} tough day all around.  See you all tomorrow AM. 
[15:45] {Threei}  take care cujo
[15:45] {KSystems} seeya cujo
[15:45] {dino} later cujo
[15:46] {Threei}  great... not this slimy thing staged decent bounce
[15:46] {Threei}  not = now
[15:46] {i2romantis} dino's bounce was not on schedule :)
[15:47] {Threei}  yup... must be magoos' fault somehow
[15:47] {dino} 30 pts or so, just late
[15:47] {i2romantis}  do you see it going to 15 or staying mid 14s?
[15:47] {Threei}  today?
[15:47] {dino} in should just come in at 3:30
[15:48] {Threei}  we have 13 minutes left
[15:48] {dino} in=i
[15:48] {dino} mygn spike
[15:48] {i2romantis} PALM seems ok too, no? we'll see
[15:48] {Threei}  for overnight?
[15:49] {Threei}  I don't want to take anything home
[15:49] {Threei}  what's the need
[15:49] {i2romantis} no until 4 pm
[15:49] {dino} 50\
[15:49] {Threei}  10 minutes
[15:49] {Threei}  how much can this stock move in 10 minutes?
[15:50] {i2romantis} i have it at .2
[15:50] {i2romantis} need to recover some :)
[15:50] {Threei}  it's not DRYS, it's a generally slow one
[15:51] {Threei}  classic trap, DRYS... wears you out, then finally bounces
[15:52] {KSystems} sigh
[15:53] {Threei}  90 cents bounce
[15:53] {i2romantis} ok fully out
[15:53] {Threei}  shoot me now
[15:53] {i2romantis} not bad
[15:54] {dino} gj
[15:54] {i2romantis} and of course it jumps more ;)
[15:54] {i2romantis} overall plus today, i'll leave it that way :)  learning from you guys ;)
[15:54] {Threei}  if you learned from us today, you would be in minus
[15:54] {Threei}  what kind of student are you anyway
[15:55] {dino} lol
[15:55] {i2romantis} lol
[15:55] {i2romantis} kept my stops this time
[15:55] {larisa} he is contrarian learner :)
[15:55] {i2romantis} and it was a beauty
[15:55] {dino} gj i2r, i pretty much sat today out
[15:55] {i2romantis} ugly one at first
[15:55] {i2romantis} :)
[15:55] {i2romantis} wow
[15:55] {i2romantis} DRYS is insane
[15:56] {Threei}  it's great trader, I just got it all wrong today
[15:56] {magoo} ii hate DRYS:)
[15:56] {dino} would be nice if these were the "new" higher lows
[15:57] {wishbone} good nite all
[15:57] {Threei}  OK guys, I'll go to the wall calendar to criss-croos this day
[15:57] {Threei}  have a good evening, see you tomorrow
[15:57] {KSystems} you too vad
[15:58] {dino} cya wish
[15:58] {larisa} see you
[15:58] {KSystems} got something to digest tonight
06[15:58] * larisa slaps KSystems around a bit with a large trout
[15:58] {KSystems} there we go
[15:58] {KSystems} just what i needed
[15:58] {larisa} :)
[15:58] {nemo} Did I make it
[15:58] {Threei}  sure did nemo
[15:58] {Threei}  welcome
[15:59] {nemo} Bad penny shows up again
[15:59] {magoo} vad, how i set upmirc?
[15:59] {Threei}  ummm
[15:59] {Threei}  first, you need to know how to read...
[15:59] {nemo} I just went through it there's a pdf file, send email I'll send it to you
[15:59] {Threei}  then you go to the page with instructions...
[16:00] {Threei}  and follow it
[16:00] {magoo} wheres that?
[16:00] {Threei}  on the same page from which you connected
[16:00] {hawkfan4}  first, you need to know how to read...  Now i know why i couldn't figure it out
[16:01] {nemo} doesn't "magoo" mean "I can" in Russian?
[16:01] {Threei}  hawk... now, ask me how I know that was a requirement
[16:01] {Threei}  yes nemo
[16:01] {hawkfan4} how do you know that's a requirement
[16:01] {Threei}  'cause I didn't exactly fit?