Jan 20 2009

 Every time we have a great winning day while market suffers like this I feel a bit ashamed... but, here goes: 9 calls, 8 of them are wins, one stop of negligible 11-12 cents... Doesn't get much better than this.  

Session Time: Tue Jan 20 00:00:00 2009

[07:26] {nemo} morgen...

[07:34] {nemo} mornin' patience

[07:58] {cujo} good morning.

[07:58] {Threei}  Good morning RT

[08:04] {cosmo} 3i:)

[08:04] {Threei}  cosmo :)

[08:04] {cosmo} what's the url for the mIRC video (old)

[08:05] {cosmo} ?

[08:05] {Threei}  looking

[08:08] {Threei}  http://www.screencast.com/t/Wj9rVYsgPP3

[08:09] {cosmo} thx:)

[08:09] {hawkfan4} morning all

[08:09] {Threei}  hawk :)

[08:10] {Threei}  RBS... sheesh

[08:11] {hawkfan4} wow, that's nasty

[08:21] {magoo} morning...i thinkj im in the mIRC room today

[08:22] {magoo} hello?

[08:22] {cujo} hey magoo

[08:22] {cujo} you are here. 

[08:23] {magoo} thanx cujo:)

[08:23] {magoo} been a struggle :)

[08:24] {Threei}  magoo :)

[08:24] {Threei}  welcome aboard cujo

[08:24] {magoo} vad:)

[08:24] {cujo} Thanks.

06[08:29] * KSystems writes onto the board "THIS is the right channel. THIS is the right channel"

[08:29] {KSystems} hello cujo

[08:31] {wishbone} good morning

[08:31] {Threei}  wish :)

[08:31] {cujo} hey KS

[08:32] {cujo} how are ya

[08:38] {Peterg} Morning all; this is early

[08:38] {Threei}  peter :)

[08:40] {magoo} stt

[08:40] {magoo} news

[08:40] {Threei}  07:11am [STT] Reports Q4 $1.18 v $1.14e, R $2.67B v $2.46Be

[08:41] {Threei}  01/19/09 06:23pm [STT] WSJ reports that the bank is facing potential losses in key areas

[08:41] {magoo} but it beat?

[08:42] {Threei}  STT had $5.5B in unrealized losses as of December 31, 2008

[08:42] {Threei}  - As of December 31, 2008, there were $5.5B of after-tax net unrealized losses associated with our portfolio of investment securities available for sale and held to maturity

[08:42] {Threei}  - In Q4 08, we recognized a $78M charge to earnings as a result of other-than-temporary impairment determinations

[08:42] {Threei}  - At December 31, 2008, the net asset value based upon market value of our unregistered cash collateral pools ranged from 90.8c to $1.00, with the average weighted net asset value on such date being 95.5c.

[08:42] {Threei}  - A substantial portion of the decline in the market value of these assets occurred in Q4 08.

[08:46] {magoo} so vad, in your opiniion is this over sold down or more pain all day?

[08:47] {Threei}  my working assumption is, selling pressure at first, then strong snapback

[08:47] {Threei}  but you know...

[08:47] {Threei}  we will see

[08:48] {magoo} right

[08:50] {Threei}  btw,

[08:51] {Threei}  while we were mesmerized by PALM action on Fri,

[08:51] {nemo} faz

[08:51] {nemo} oops

[08:51] {Threei}  have you noticed DRYS didn't participate in recovery at all, and finished at the low?

[08:53] {nemo} drys

[08:53] {nemo} oops

[08:55] {Threei}  for Canadians who enjoy nice exchange rate when book their profits:

[08:55] {Threei}  KEY TECHNICAL LEVELS AHEAD OF BANK OF CANADA INTEREST RATE DECISION

[08:55] {Threei}  - Resistance3 seen at 1.3030 Early dec 2008 stal zone

[08:55] {Threei}  - Resistance2 seen at 1.2920 is 100-month mvg avg

[08:55] {Threei}  - Resistance1 seen at 11.2730 is former 2004 and 2005 pivot

[08:55] {Threei}  ***Current Level 1.2640

[08:55] {Threei}  - Support1 seen at 1.2560 - Former Q4 reflection point

[08:55] {Threei}  - Support2 seen at 1.2370 - Late Dec, early jan pivot zone

[08:55] {Threei}  USD/CAD

[08:58] {Threei}  wow, I just noticed... magoo, you made it via MIRC??

[08:59] {Threei}  that's a serious technical achievemnt on your part

[09:00] {Threei}  (CA) BANK OF CANADA CUTS BY 50BPS TO 1.00%, AS EXPECTED

[09:00] {dptl} gm all

[09:00] {Threei}  dp :)

[09:01] {Onix} Good morning all

[09:02] {Threei}  onix :)

[09:03] {Threei}  closest natural support for PALM is 7 - 7.20 area

[09:04] {Threei}  big offer at 7.50... if consolidates close to it and chews through it, will be a long trigger

[09:07] {magoo} [08:59] {Threei}  wow, I just noticed... magoo, you made it via MIRC??

[09:07] {magoo} [08:59] {Threei}  that's a serio

[09:07] {dino} gm

[09:07] {Threei}  dino :)

[09:08] {magoo} thank u...thank u....

[09:08] {dino} dino hooked him up

[09:08] {dino} he's buying

[09:08] {fernp} Hello everybody

[09:08] {Threei}  one thing to keep an eye on is UAUA... seems to restore its connection with the market

[09:09] {Threei}  fern :)

[09:09] {magoo} pundits said 72% of time mkts end down on inaug day

[09:09] {magoo} where the hell was the obama inaug rally?

[09:10] {Threei}  well... it seemed to be in cards until RBS came and ruined everything

[09:10] {cosmo} ...he needs to 'earn it'

[09:12] {dino} why do we get one, really nothing has changed, things are terrible financially

[09:13] {Threei}  it's all about perception as always...

[09:13] {magoo} mkts just react to psychology...not looking for bull...but jeez...shorts cant win all the time 

[09:13] {Threei}  and perception is, everything's gonna be fixed in the next few hours

[09:14] {Threei}  hangover takes full 24 hours to pass sometimes, ya know... {G}

[09:16] {magoo} oh..i know

[09:16] {Threei}  lol

[09:16] {nemo} I've had 3 day hangovers

[09:17] {Threei}  that's an achievement in and off itself

[09:17] {nemo} dubious at best

[09:17] {dino} ouch nemo

[09:18] {nemo} wayward youth

[09:18] {Threei}  so far PALM manages to hold 7.30 - 7.35

[09:21] {ese} morning......

[09:21] {Threei}  ese :)

[09:21] {i2romantis} morning everyone

[09:21] {Threei}  i2r :)

[09:22] {Threei}  repeating for canucks"

[09:22] {Threei}  [09:00] {Threei} (CA) BANK OF CANADA CUTS BY 50BPS TO 1.00%, AS EXPECTED

[09:24] {patience} gm RT, and Ese... AGU gave me +.72 yesterday...slow and steady

[09:25] {Threei}  patience :)

[09:25] {Onix} hi patience

[09:25] {patience} gm guys  :)

[09:25] {patience} scalping gold plays this morning

[09:25] {elepet} good morning

[09:25] {Threei}  elepet :)

[09:26] {Onix} hi elepet

[09:26] {KSystems} morning :)

[09:27] {magoo} i never had 3 day hangover because if it wasnt getting better by noon...i resume the bottle

[09:27] {KSystems} Good morning camelot!

[09:27] {Threei}  i2r, look dcc please

[09:27] {nemo} hair of the dog never worked for me

[09:28] {Threei}  let's stay inactive at the very open

[09:28] {magoo} STT looking at becoming teenager again

[09:28] {Threei}  want to let things settle down and start showing something more or less indicative

[09:31] {Threei} Long Setup:  PALM  7.50 break

[09:31] {Threei}  stop under .30

[09:32] {magoo} in

[09:33] {magoo} took .47 aggress

[09:33] {Threei}  sharp spike into 1:1 area

[09:34] {Threei}  let' book half, or take scalp

[09:34] {Threei}  half out for me

[09:34] {dptl} out +.20 ty

[09:34] {Threei}  welcome sir

[09:34] {hawkfan4} out +.24, thx

[09:35] {cujo} out +.28

[09:35] {cujo} thanks 

[09:35] {magoo} out .82 TY

[09:36] {Threei}  welcome guys

[09:36] {Threei}  1/4 more out

[09:37] {Threei}  am I too optimistic?

[09:37] {Threei}  nope :)

[09:37] {Threei}  out in full

[09:37] {Threei}  8.10

[09:37] {magoo} nice

[09:37] {Threei}  +.58

[09:37] {Threei}  can I go home?

[09:37] {magoo} what do u thin?

[09:37] {i2romantis} very nicely done!

[09:38] {dino} gj

[09:39] {Threei}  STT

[09:39] {Threei}  EXEC: AFTER HOLDING CONFIDENTIAL DISCUSSIONS, HAVE DECIDED NOT TO RAISE ADDITIONAL EQUITY CAPITAL - CONF CALL

[09:39] {Threei}  - Note that in its earnings release, STT noted it is "determined not to raise equity during current market conditions."

[09:40] {ese} Ntrs dino.....

[09:40] {Threei}  watching DRYS for 13 break and sharp dump

[09:40] {dino} watching pcln, axys, itri

[09:41] {dino} wynn

[09:41] {ese} l 45

[09:41] {ese} small

[09:41] {ese} out 

[09:41] {patience} tsx down quickly  -135

[09:41] {ese} 46.10

[09:41] {ese} whoaaaaq

[09:42] {ese} + $1.10 on 300 shs

[09:42] {Threei}  wtg ese

[09:42] {patience} very nice ese

[09:42] {ese} man that was fast

[09:42] {cujo} nice ese

[09:42] {ese} had no time to type

[09:43] {ese} tks

[09:45] {Threei}  MYGN 52 week highs

[09:45] {magoo} RIMM strong vs mkts vad

[09:45] {Threei}  UPDATE: GOLDMAN SACHS RAISED PALM TO NEUTRAL FROM SELL

[09:45] {Threei}  - pre-open

[09:46] {Threei}  RIMM pulled back nicely into support

[09:46] {Threei}  bounce candidate with market

[09:46] {ese} Ntrs   still running

[09:46] {Threei}  52 recross, half lot

[09:47] {Threei}  if stays above .85

[09:47] {KSystems} in

[09:48] {Threei}  1:1 in a hurry

[09:48] {Threei}  half out

[09:48] {Threei}  .24

[09:48] {cujo} out +20

[09:48] {cujo} thanks again

[09:48] {Threei}  scalpers take profit and be happy

[09:49] {tomg} thanks vad

[09:49] {Threei}  welcome

[09:49] {Threei}  .95 stop for the balance

[09:50] {Threei} Long Setup:  DRYS  13.10 half lot if stays above 13

[09:51] {KSystems} in

[09:52] {Threei}  out balance RIMM

[09:52] {Threei}  market weakened

[09:52] {Threei}  wow

[09:54] {Threei}  nice resilience DRYS

[09:54] {Threei}  just don't shake us out

[09:54] {magoo} DRYS triggered?

[09:55] {Threei}  yes

[09:55] {Threei}  come on market, little help

[09:55] {magoo} in .09 then

[09:55] {dino} stt "does not need to raise money" heard that before

[09:55] {Threei}  uhhu

[09:55] {Threei}  they all don't

[09:55] {Threei}  until they do

[09:56] {Threei}  ok DRYS, it's time

[09:56] {Threei}  move your butt, will ya

[09:59] {Threei}  1:1

[09:59] {Threei}  half out .23

[09:59] {Threei}  scalpers know what to do

[10:00] {dino} lod

[10:00] {magoo} i keep forgetting if i am a true scalper

[10:00] {nemo} use a rusty knife mags?

[10:00] {dino} sm l itri .60

[10:01] {dino} sm l pcln .60

[10:01] {Threei}  that's between you and trading gods, magoo... I am not getting involved

[10:02] {magoo} i sacrificed 20 squirrels to the trading gods this weekend

[10:02] {nemo} gotta' be people

[10:02] {Threei}  can use bats

[10:02] {magoo} in rome..they sacrificed bulls

[10:02] {nemo} squirrel's pretty good

[10:03] {nemo} look where that got them

[10:03] {dino} 7995, 1141, 817 thurs. lows

[10:03] {Threei}  bats play significant and often overlooked role in witchcraft

[10:03] {nemo} Shamanism

[10:03] {nemo} Vad-using such hyperbole gives Shamans a bad name

[10:04] {magoo} Q bounce time?

[10:04] {magoo} in .69

[10:06] {dino} lost over here, don't know how to respond

[10:06] {Threei}  OK, enough of a good thing

[10:06] {Threei}  out DRYS in full

[10:06] {magoo} quote server vad?haveing issues

[10:06] {Threei}  .35, +.25

[10:06] {Threei}  7

[10:07] {Threei}  looks fine

[10:07] {magoo} ty

[10:07] {KSystems} RIMM - in .00 - out 1/2 .22 - out rest .88

[10:07] {dino} celg sm l .25

[10:07] {KSystems} DRYS - in .09 - out 1/2 .23 - out rest .35

[10:07] {magoo} out drys .37 TY

[10:08] {Threei}  good job guys

[10:08] {Threei}  but why so low on RIMM KS?

[10:08] {Threei}  we trailed stop after 1:1 was hit

[10:09] {KSystems} to .95?

[10:09] {KSystems} yeah and i wasnt watching when it broke

[10:09] {magoo} it was fast fall rimm

[10:10] {dino} giddy-up

[10:12] {magoo} 1:1 Q

[10:12] {Threei}  PALM non-stop

[10:14] {magoo} drys has that feel vad

[10:14] {Threei}  PALM too

[10:15] {cujo} Vad, is RIMM in range 51.50 to 51.86?

[10:15] {Threei}  RIMM range narrows down

[10:15] {Threei}  see how bands tighten up?

[10:15] {Threei}  will break violently soon

[10:15] {cujo} got ya.  thanks. 

[10:15] {Threei}  now... which way is another matter

[10:16] {cujo} ;)

[10:16] {Threei}  will largely depend on a market,

[10:16] {Threei}  but the point is right now,

[10:16] {Threei}  do not try to pay range on it

[10:16] {Threei}  it's likely to break it

[10:16] {cujo} got it.

[10:18] {cujo} premature to float a buy stop at 52.03 on RIMM?

[10:18] {Threei}  ugh, I would prefer a pullback entry on it

[10:18] {cujo} ok

[10:20] {Threei}  .65 if holding above .50 and if market spikes

[10:20] {Threei}  very small risk

[10:21] {Threei}  there you go, 1:1 in a matter of seconds

[10:21] {Threei}  and above

[10:21] {Threei}  power of aggressive entries

[10:21] {cujo} ugh missed it. Moved a little before i could get in.  

[10:21] {cujo} lesson learned

[10:21] {Threei}  this kind if hard to alert in time, not always possible

[10:21] {cujo} y, but do appreicate. 

[10:22] {Threei}  if I manage to describe the concept andf ilustrate it as close to real time as possible, you will be able to spot it yourself next time

[10:22] {cujo} teach a man to fish...

[10:22] {Threei}  which actually is the purpose anyway

[10:23] {Threei}  teach a man to fish, and he will drink beer on his boat all day

[10:23] {cujo} ha ha ha

[10:23] {Threei}  (magoo's version)

[10:27] {magoo} quotes are REAL bad here

[10:27] {Threei}  hmmm

[10:27] {Threei}  fine here...

[10:27] {Threei}  need any quote?

[10:27] {magoo} nah

[10:28] {magoo} just clunky

[10:28] {dino} celg stop to .89

[10:28] {dino} stopped +.64

[10:29] {Threei} Long Setup:  PLD  near 12

[10:29] {Threei}  stop under 11.90

[10:30] {KSystems} in

[10:30] {cujo} in .05

[10:33] {magoo} in .99

[10:34] {ese} sqnm

[10:34] {ese} L .55

[10:34] {ese} 1/2

[10:35] {ese} stop .40

[10:39] {Threei}  market lost will to live

[10:39] {magoo} again...sigh

[10:39] {dino} out itri .12, +.52

[10:40] {Threei}  wtg

[10:40] {dino} ty

[10:40] {Threei}  no worky PLD

[10:40] {KSystems} stopped pld

[10:40] {cujo} stopped

[10:45] {Threei}  things slowed down considerably

[10:45] {Threei}  we are 3 for 4

[10:45] {Threei}  can relax a bit and wait to see what's next

[10:53] {Threei}  HEARING CSFB SPECULATES STT COULD BE WORTH $40/SHR IN A TAKEOVER SCENARIO

[10:53] {cujo} USO possible bounce VAD?

[10:53] {dino} tighten pcln to .20

[10:53] {Threei}  sure... but USO is a pain central

[10:53] {Threei}  volatility is a killer on it

[10:53] {cujo} y

[10:54] {dino} agreed

[10:55] {dino} stopped pcln .12, +.52 slippsage

[10:55] {ese} out sqnm     .79

[10:56] {magoo} my quotes so bad gonna try a rebopot

[10:56] {dino} re-test lod coming imo

[10:56] {ese} +.24.......really dumb on my part if your waqtching.....

[10:56] {ese} should have been out on the first run up

[10:57] {dino} whippy es, don't beat yourself up

[10:57] {dino} i should've had more on my 3

[10:57] {Onix} gj anyhow ese :D

[10:58] {ese} tks

[10:59] {dino} [10:56] {dino} re-test lod coming imo

[11:00] {cosmo} ANDS 5.50 resistance   fwiw

[11:00] {dino} watching pcln, itri, axys, celg

[11:05] {dino} gut says "up"

[11:06] {dino} axys partial at .50 l

[11:07] {dino} mygn

[11:08] {ese} outta here for the day all........contrats to all of you south of the border....making history today.....take care    

[11:08] {fernp} bye ese

[11:08] {hawkfan4} l8r es

[11:09] {patience} bye ese

[11:10] {dino} like a run dmc market

[11:10] {Threei}  take care ese

[11:11] {nemo} all the traders must be watching inauguration coverage

[11:13] {patience} trading programs still working though nemo...i'm in slw,kinross and goldcorp.  slw creeping up nice and slowly

[11:13] {Threei}  nice C&H on SLW at 6.30

[11:14] {patience} i'm trading it on cdn side and 5 minute chart

[11:15] {Threei}  pullback to 6.20 - .25 is worth a try

[11:20] {cujo} c & h on apple around 80.20?  

[11:20] {Threei}  not really clean formation

[11:21] {nemo} describing my mind or apple?

[11:21] {Threei}  don't overestimate my mind reading powers

[11:22] {nemo} I thought your "third eye" :)

[11:22] {Threei}  it's inward looking one

[11:23] {Threei}  it has 'I don't care" written on the eyelid

[11:23] {dino} lod

[11:23] {Threei}  SLW chose another break instead

[11:25] {Threei}  looking around to see what's holding steady while market hits new low

[11:25] {Threei}  PALM does, so far

[11:26] {dino} markets feel nervous

[11:26] {Threei}  in fact, it starts forming the same pattern as it did on Fri

[11:26] {Threei}  stays nailed to the same price for a while

[11:26] {Threei}  it was 7.20 for a few hoirs, the explosion

[11:26] {Threei}  then

[11:30] {hawkfan4} PALM kinda forming an asc tri if it moves up from here, top of tri is 8.30ish

[11:30] {cujo} RIMM doing something here...

[11:30] {Threei}  on daily you mean

[11:31] {hawkfan4} no, on 5 min

[11:33] {nemo} When's Europe close?

[11:34] {magoo} that palm flatliner does look same vad

[11:35] {Threei}  let's see if we get pullback into .80... if not, 8 break becomes a long trigger with stop under 7.90

[11:35] {Threei}  break is more risky

[11:41] {KSystems} in

[11:41] {Threei}  first strength from here on PALM

[11:41] {Threei}  got .79 - .80

[11:41] {KSystems} .81 here

[11:41] {Threei}  :)

[11:42] {KSystems} stop under .70 ?

[11:42] {Threei}  ether that or .60

[11:42] {Threei}  depending on your target for the trade

[11:43] {Threei}  it hit over 1:1 if .70

[11:52] {Threei}  PALM exhibits strength while market downticks

[11:52] {Threei}  half out .92

[11:52] {Threei}  want to try and milk it

[11:52] {Threei}  you KS?

[11:52] {KSystems} half out as well

[11:53] {Threei}  okay

[11:53] {Threei}  let's see if it has another stunning rally in mind

[11:53] {Threei}  sorry larisa... it's 'ally

[11:53] {dino} itri sm l .60

[11:54] {larisa} :)

[11:55] {Threei}  stop is to .75

[11:55] {Threei}  hate the idea of being shaken out of this trade but gotta do things by the book

[11:56] {Threei}  SLW

[11:56] {nemo} slw-oops

[11:56] {Threei}  .15 closest support

[11:56] {Threei}  first strength is long

[11:57] {Threei}  with stop under .15

[11:59] {cujo} in .25

[11:59] {KSystems} when you say first strength...do you mean MKT strength or SLW?

[11:59] {Threei}  SLW

[11:59] {dino} uh oh, forgot, pcln sm l .25

[12:00] {Threei}  when we are talking about a stock that is clearly market follower, market help is needed by default

[12:00] {Threei}  SLW is not really a market follower though

[12:00] {KSystems} in .slw

[12:03] {dino} obama, late as usual

[12:03] {Threei}  lol

[12:03] {Threei}  good boy PALM

[12:06] {Threei}  is it not a beautiful feeling, to be on the smart side of the trade... to take shares from scared hands and then feed them into hopeful ones

[12:06] {dino} you are a machine

[12:06] {hawkfan4} it is, it truly is

[12:07] {Threei}  above 8, you are at 1:2 with .70 stop and 1:1 for .60 stop

[12:08] {Threei}  come on dino... I like to think of myself as warm, fuzzy, teddy bear...

[12:09] {Threei}  ummm... wait a few minutes for me to finish laughing hysterically, I'll be back in 5

[12:09] {dino} lol

[12:09] {nemo} that likes to watch animals rip each other apart

[12:09] {Threei}  no way

[12:09] {dino} and i'm the kid

[12:09] {Threei}  I like animals

[12:09] {Threei}  people, that's another story

[12:09] {nemo} didn't say you did it...watch it...yeah, me too on the people

[12:12] {Threei}  scalpers who had SLW stop under .20 and treated it as scalp type 1 have 1:1

[12:13] {Threei}  if you took normal size, probably not worth the bother to take profit here

[12:13] {Threei}  and you PALM... enough games, we have 9 to tag

[12:13] {Threei}  {PALM} you are crazy, right?

[12:14] {Threei}  when stock talk back to me, it's a sign of what?

[12:15] {dino} hear it comes, "re-inflate"  echo bubble

[12:15] {KSystems} SLW slowly moving toward day trader's 1:1

[12:18] {Threei}  it hit so close tyo it that trailing srtop to under .20 is justified, IMO

[12:18] {Threei}  ummm... my typing gets worse as day progresses...

[12:19] {Threei}  GM

[12:19] {Threei}  HEAD ON CHEVY NORTH AMERICA: BEGINNING TO SEE CREDIT MAREKTS LOSSEN UP A LITTLE

[12:21] {dino} yeah, because they just got 15b

[12:22] {Threei}  give me 15B and I will see no problem with credit market whatsoever

[12:22] {Onix} ;)

[12:22] {dino} looened for them

[12:22] {dino} loosened

[12:23] {dino} losened

[12:23] {dino} ??

[12:23] {Threei}  see dino? not having 15B makes us struggle with spelling

[12:23] {dino} indeed

[12:24] {KSystems} not that 15B would make our spelling better...just US care less

[12:24] {Threei}  if we did have it... well, not tat our spelling wwould be any better but we wouldn't care

[12:24] {Threei}  lol KS

[12:24] {KSystems} ummm

06[12:24] * KSystems is afraid of what just happened

[12:24] {nemo} palm squeezing...which way?

[12:25] {Threei}  yeah KS... having same train of thought as I do is highly disturbing thing

[12:25] {dino} starting to think ks is 3i

[12:25] {Threei}  europian version

[12:25] {patience} hey dino, good speech...you think we rally this afternoon?

[12:25] {Threei}  younger, more energetic and, sad to admit, better looking

[12:26] {dino} lod

[12:27] {Threei}  and sharp seling

[12:27] {patience} y

[12:27] {cujo} who what is going on...?

[12:27] {dino} dk patience. the way i see it, everybody did, so not

[12:27] {Threei}  who knows cujo

[12:27] {Threei}  just sit it out

[12:27] {Threei}  we have very tight stop on SLW, not much risk there

[12:27] {cujo} got ya :)

[12:28] {Threei}  we have solidly in the money remaining half lot on PALM

[12:28] {Threei}  so let those who want to foght do so to their heart content

[12:28] {Threei}  I am not in trading to make my life tense and nervous

[12:28] {KSystems} stop for remaining PALM portion still .75 ?

[12:28] {Threei}  just the opposite

[12:29] {Threei}  for me, yes

[12:29] {cujo} yeah, rookie nerves here...

[12:30] {Threei}  you are not in anything that can hit you hard

[12:30] {cujo} nope

[12:30] {Threei}  you don't have to rush in the battle when there is a lot of fog over the battlefield

[12:30] {Threei}  enjoy the safety and profit taken earlier,

[12:30] {Threei}  eait for the fog to lift,

[12:31] {Threei}  be relaxed and comfortable

[12:32] {cujo} taking deep breaths

[12:32] {dino} celg

[12:33] {magoo} SIGHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

[12:33] {cujo} do you see a decreasing volume reversal in SSO?

[12:34] {Threei}  mags... you sure you are OK? :)

[12:34] {magoo} i have same issue as dino

[12:34] {Threei}  decreasing volume reversal?

[12:34] {Threei}  volume spiked like crazy when it dropped into 21.80

[12:34] {cujo} guess not

[12:34] {magoo} doesnt save what i did o find this room

[12:35] {Threei}  it sure does if you did it right...

[12:35] {Threei}  as KS for help pls

[12:37] {dino} pcln stop to .77

[12:37] {dino} to .85

[12:37] {dino} out slippage .81, +.56

[12:39] {Onix} gj dino

[12:42] {Threei}  second flatlining on PALM today, this time at 8

[12:44] {Threei}  (RU) KREMLIN ECONOMIC AIDE: RUSSIA'S RUBLE CORRECTION IS COMING CLOSE TO THE END

06[12:44] * Threei rushes to convert all his life savings into roubles

[12:48] {dptl} got to go...have a good evening all

[12:50] {Threei}  take care dp

[12:50] {Threei}  SLW 1:1

[12:51] {KSystems} half out .35

[12:51] {Threei}  6 for 7

[12:51] {Threei}  me happy

[12:51] {cujo} nice

06[12:53] * nemo slaps laserdave around a bit with a large trout

[12:53] {nemo} sorry

06[12:53] * Threei slaps laserdave around a bit with a large reminder that martket opened a few hours ago

06[12:54] * magoo slaps laserdave around a bit with a large roll of cash

[12:54] {laserdave} owdy

[12:54] {Threei}  lol... dave can't complain about lack of creativity in the room

[12:54] {Threei}  ti et slapped with so vastly different things within a span of one minute

[12:56] {nemo} I'd have slapped him with Obama's speech, but all I've got is the trout...

[12:56] {KSystems} oh nemo

[12:56] {KSystems} i can help you there

[12:56] {nemo} vielen dank

[12:56] {dino} ty onix

[12:57] {dino} sookie stackhouse

[12:58] {KSystems} ARGH i deleted my own script

[12:58] {nemo} that's a bitch

[12:58] {KSystems} a couple of people have it around here, nemo. someone will probably be able to send it to you

[12:58] {Threei}  we diversified from trout when found out Realityttader gets high raniking among fishing sites, nemo

[12:59] {nemo} would somebody send me the script

[12:59] {magoo} i luv sookie :)

[13:00] {nemo} mmmm...Vad....PALM setting up for another entry???

[13:00] {Threei}  sent nemo

[13:00] {Threei}  I think so

[13:00] {nemo} privyet

[13:00] {Threei}  stays at this new consolidation levekl while market is dropping

[13:02] {dino} in protest, i'm staying w/trout

[13:02] {Threei}  protest against what?

[13:02] {Threei}  give me a woirthy cause and I will join

[13:02] {KSystems} nemo: just replace the file in your mIRC directory with the new one

[13:02] {Threei}  SLW baby

[13:03] {dino} protesting all sorts of change

[13:03] {Threei}  I am right there with you

[13:04] {dino} as i expected

[13:05] {Threei}  KS, you want to try and ride second half of SLW?

[13:05] {KSystems} sure

[13:05] {Threei}  stop to .24 then

[13:05] {KSystems} allright

[13:07] {Threei}  isn't it ironic... 7 trades, 6 wins - and all of them are on the long side on a red day

[13:08] {patience} does that mean we are smart money?

[13:08] {Threei}  whatever... main thing is, we are making it :)

[13:09] {magoo} only smart dino is ..is smartass

[13:09] {nemo} what director that ini file go in vad?

[13:09] {Threei}  mirc

[13:09] {Threei}  adbe

[13:10] {nemo} duh...boy! did I just have a Homer Simpson MOMENT!!!!

06[13:11] * magoo slaps nemo around a bit with a large marge large hairdue

[13:12] {Threei}  SEN GRASSLEY: CERTAIN SENATORS HAVE VOICED CONCERN OVER GEITHNER AND THE TARP PROGRAM

[13:12] {Threei}  and here it starts again

[13:13] {Threei}  didn't take long for the bickering to resume

[13:13] {nemo} Plu Cest Change plu cest le meme chose

[13:13] {elepet} are you still in slw? I am.

[13:13] {Threei}  KS is

[13:14] {Threei}  I am not... I have patience for one sl,ow stock, not for two

[13:14] {patience} i'm still in it

[13:14] {patience} suits my style...i'm washing the floors and can check on it occasionally   lol

[13:14] {patience} sorry, just funny to me

[13:15] {elepet} as for me i am dancing around the living room.

[13:16] {Threei}  OK... I'll be singing then

[13:17] {elepet} i never am quite in sync with you vad, when did you get out of slw?

[13:17] {Threei}  at 1:1, .35

[13:18] {Threei}  [12:50] {Threei} take care dp

[13:18] {Threei}  [12:50] {Threei} SLW 1:1

[13:18] {Threei}  [12:51] {KSystems} half out .35

[13:18] {Threei}  [12:51] {Threei} 6 for 7

[13:18] {Threei}  [12:51] {Threei} me happy

[13:18] {elepet} ok i'll try thst if it gets back up there

[13:19] {Threei}  why not partial even if you intend for a longer hold

[13:19] {Threei}  you know your 1:1s, don't really need my alert

[13:19] {gen} hi everybody

[13:19] {Threei}  gen :)

[13:20] {gen} Vad :)

[13:20] {Threei}  missed beautiful morning

[13:21] {gen} I had to go to my regular job :(

[13:21] {elepet} you forget how new i am. i don't even know what you mean by 1:1

[13:21] {dino} pcln sm l .09

[13:22] {dino} risk:reward

[13:23] {Threei}  you need MPP or scalping course elepet... or both

[13:25] {gen} AMZN ?

[13:25] {Threei}  nothing familiar

[13:25] {Threei}  exceopt symbol :)

[13:33] {dino} pcln stopped -.33

[13:34] {Onix} :/

[13:34] {KSystems} SLW - in .26 - out 1/2 .35 - out rest .24

[13:36] {dino} too tight pcln

06[13:38] * nemo slaps nemo around a bit with a large trout

[13:43] {Threei}  gen look dcc please

[13:45] {Threei}  (RU) RUSSIA 2009 BUDGET DEFICIT APPROXIMATED AT 8.5% OF GDP ASSUMING OIL AT APPROX $40/BBL

[13:45] {Threei}  maybe I won't switch to roubles...

[13:51] {dino} celg sm l .15

[13:54] {patience} out slw -.04

[13:55] {gen} I am leaving now 

[13:55] {gen} back to work :(

[13:55] {Onix} best of luck gen

[13:55] {gen} happy trading everybody

[13:56] {Onix} thanks

[14:00] {Onix} the Dow going for another bounce @ 8000?

[14:01] {Threei}  SLW selling getting exhausted

[14:03] {dino} cya gen

[14:08] {Threei}  starts looking like marketis ready to reverse

[14:09] {Threei} Long Setup:  RIMM  .86 stop under .70, half lot

[14:10] {Threei}  lol

[14:10] {Threei}  VIDE

[14:10] {Threei}  AYDIN SELECTED BY GENERAL DYNAMICS FOR CDS DISPLAYS

[14:11] {Threei}  look at level 2

[14:12] {Threei}  RIMM invalidated as a break but becomes an aggressive entry, as close to .60 as possib;e

[14:12] {Threei}  with stop under .50

[14:13] {KSystems} out PALM

[14:16] {nemo} SLW double bottoming?

[14:16] {jmb} thanks vad RIMM

[14:17] {Threei}  :)

[14:17] {Threei}  looks like, SLW... hard to tell in this muddy market

[14:18] {Threei}  waves of sudden selling out of nowhere

[14:18] {Threei}  heistant to trade against them

[14:18] {KSystems} are you still in RIMM Vad?

[14:18] {Threei}  just a quick scalp, .59 - .76

[14:19] {Threei}  it's a counter-trend trading, not hanging around for too long

[14:19] {KSystems} allright

[14:19] {Threei}  bite you easy piece, get out

[14:19] {Onix} please help, i can not understand it: we are in this global financial crisis because banks lent too much too easy, now governments want to encourage banks to lend more?

[14:20] {Threei}  hehe

[14:20] {Threei}  it's like healing hangover with shot of vodja in the morning Onix

[14:20] {Threei}  vodka

[14:20] {nemo} onix, watch the standards this time around.  If there are no credit lines, there is no business.

[14:21] {Onix} ;) Vad

[14:22] {nemo} this is gettin' ugly

[14:23] {Threei}  depends on your definition of beauty

[14:23] {Onix} going to test 8000 level on Dow

[14:24] {nemo} Like the Bulgarian definition?

[14:24] {Threei}  that, or ostrich once

[14:24] {nemo} ostrich taste good

[14:24] {Threei}  head in the sand, whatever happens outside me no care

[14:25] {nemo} unless you have a shotgun pointed at your alimentary canal

[14:27] {Threei}  will VSEC ever bounce or is it a dead duck?

[14:27] {nemo} dead ostrich?

[14:27] {Threei}  not that I am interested, not my type of stock

[14:27] {Threei}  dino may be though

[14:28] {dino} hmmm

[14:29] {cujo} vad +.17 on RIMM.  Thanks.  Forgot to post when it executed.  

[14:29] {Threei}  wtg cujo

[14:29] {cujo} tnkx

[14:29] {dino} gj cujo

[14:29] {dino} army not looking at vsec bid

[14:42] {Threei}  yeah

[14:43] {Threei}  nice bounce SLW

[14:43] {Threei}  anyone went for it?

[14:43] {cujo} nopers

[14:43] {patience} does a duck swim?

[14:44] {Threei}  unless pond is frozen...

[14:44] {patience} good point

[14:45] {patience} wait a sec, didn't you tell me yesterday felt like summertime?

[14:45] {patience} no frozen ducks

[14:46] {Threei}  it did... I just make a general statement

[14:46] {Threei}  I have to maintain reputation of master of the obvious, remember

[14:46] {Threei}  I worked long and hard to earn it

[14:47] {Threei}  PIMCO'S GROSS: REITERATES THAT TREASURIES ARE OVERVALUED

[14:47] {dino} celg stopped -.36

06[14:47] * Threei reaches for all his treasures hidden in the attic and sells them

[14:52] {Threei}  Sen Kennedy collapsed during luncheon

[14:53] {cujo} bounce time?

[14:53] {nemo} Have you seen his belly?

[14:53] {larisa} he has brain cancer

[14:53] {Threei}  hard to tell cujo, need some more definitive action than this

[14:54] {nemo} RIMM getting off the mat?

[15:00] {Threei}  two senators actually

[15:00] {Threei}  Robert Byrd too

[15:00] {Threei}  what's going on... senators are dropping like flies

[15:02] {Threei}  banks got seriously killed today

[15:03] {Threei}  and in fact are what mainly weighs on the market

[15:03] {Threei}  compare % down for the financials and indices

[15:05] {Onix} all the government props of financials are breaking under the weight

[15:06] {Threei}  confirms the notion that financial sector is not what is going to lead the market on the way up

[15:06] {Threei}  IMO, they will lag

[15:07] {dino} breaking jan. and dec. lows

[15:07] {nemo} hide the women and children

[15:07] {Onix} you think the market will ever go up again Vad :O

[15:08] {nemo} I guess the inauguration was "sell the news"

[15:08] {Threei}  not really Onix... it's going to drop eternally

[15:09] {nemo} Yep...right into 2012...we're all gonna' die

[15:09] {Threei}  of course when 'ally sta'ts I will assu'e you we will neve' eve'; even pull back anymo'e

[15:09] {Onix} :D

[15:14] {nemo} Hey mags...see this:    http://www.telegraph.co.uk/scienceandtechnology/technology/apple/4297205/Sniper-rifle-software-launched-for-iPod-touch.html

[15:16] {Threei}  watch DRYS scalpers

[15:16] {Threei}  likelt to lose 13, dive quickly and provide scalpable bounce

[15:16] {dino} s&p -14% in 9 trade days, dji -12%, ndx-11%. pretty brutal

[15:16] {Threei}  not likely to call it in time, will be quick

[15:16] {dino} there goes my b-day again

[15:16] {Threei}  either you get a feel for it or stay away

[15:16] {Threei}  and keep to half lot, no need to spoil a goosd day

[15:18] {Threei}  held 13...

[15:18] {Threei}  oh well

[15:20] {Threei}  PALM is getting hit brutally

[15:20] {Threei}  7.50 break for a quick scalp

[15:20] {nemo} from golden boy to readheaded step-child

[15:20] {Threei}  hehe

[15:21] {Threei}  yesterday's darlings...

[15:22] {nemo} jaime was right...not

[15:22] {Threei}  take scalp

[15:22] {jmb} thanks vad PALM

[15:22] {Threei}  sure thing

[15:22] {Threei}  easy money to be picked up

[15:23] {Threei}  missed DRYS, 13 was such a tempoting support to break, was pretty sure it would

[15:24] {nemo} RIMM vad?

[15:24] {Threei}  I'd stay away from it for now

[15:24] {nemo} yep

[15:34] {dino}  -5% ndx, s&p today

[15:34] {dino} crazy, when average yearly is only 6%

[15:34] {dino} idcc

[15:35] {dino} good thing cnbc was talking the obama rally and bottom early january

[15:35] {Threei}  lol

[15:40] {dino} 3:40

[15:44] {Onix} i think i see blue blood flowing in Wall Street today with the royal financials being slaughtered royally

[15:45] {Threei}  look at FSLR and other solars, and you'll se green blood too

[15:45] {Onix} :)

[15:45] {nemo} skf up 27% today...that's green

[15:46] {Onix} unbelievable!

[15:47] {Threei}  look at BAC

[15:48] {dino} c 2.88

[15:48] {Onix} BAC & C close to dropping off the charts into the abyss

[15:48] {Threei}  yeah... jeez

[15:49] {nemo} yeah...they'll trade with FNM and FRE

[15:50] {dino} close to being nationalized

[15:50] {Threei}  hey... maybe this way we will get rid of fed?

[15:50] {nemo} you dreamin'

[15:51] {dino} nope, they are insolvent as it is

[15:51] {Threei}  nationalize them all, then let them go private keeping central bank functions belonging to state

[15:51] {nemo} too much power to give up

[15:52] {dino} markets not liking the tax, spend, more regulation administration

[15:52] {dino} plus, the 3:40 bounce is not working under them

[15:53] {dino} :)

[15:53] {Threei}  that's upsetting

[15:53] {Threei}  I jusr learned how to play it

[15:53] {Threei}  stop changing game rules on me

[15:53] {Threei}  wait... changing the rules IS the rule

[15:54] {Onix} :D

[15:56] {Threei}  finshing at the low

[15:56] {Threei}  yikes

[15:56] {Threei}  DRYS

[15:56] {Threei}  too close to eod :)

[15:58] {wishbone} good nite all

[15:58] {Threei}  take care wish

[15:58] {larisa} good night :)

[15:58] {Threei}  ok guys, tell me please

[15:58] {dino} cya wish

[15:58] {Threei}  should we be ashamed to say "nice day" when markets are bleeding like that?

[15:59] {Threei}  or let's keep our head high and say it anyway?

[15:59] {Threei}  no one even talking to me...

[16:00] {Threei}  whatever... I won't talk to you either

[16:00] {nemo} I'll talk to you...vad

[16:00] {patience} i'm just thankful we aren't down 700 or 800 points...hate those days

[16:00] {cujo} sry vad, watching mkt tank

[16:00] {Threei}  other than say, have a nice evening, see you tomorrow

[16:00] {Threei}  but tomorrow I am not talking to any of you

[16:00] {KSystems} bye :)

[16:00] {KSystems} and thank you

[16:00] {Threei}  exdept nemo

[16:00] {Threei}  patience

[16:00] {cujo} Have a good one

[16:00] {Threei}  cujo

[16:00] {patience} :))))

[16:00] {Threei}  and KS

[16:00] {Threei}  lol

[16:00] {dino} ?

[16:01] {Threei}  never mind dino... I am having my end of day fun

[16:01] {Threei}  I mean, fun as I understand it

[16:01] {nemo} Yeah, and it's just after lunch for you

[16:01] {Threei}  which is, you know... dubious at best

[16:01] {fernp} see you all tomorrow, good evening

[16:01] {Threei}  fern :)

[16:02] {dino} hmmmmm

[16:03] {dino} in any case, calling it a day

Jan 16 2009

Beautiful end to a questionable week. Even though our working assumption (strong rally) did not materialze till later in the day, and was not anywhere as strong as we anticipated, trades worked out nicely. Trade of note was almost all day long PALM hold for almost a dollar gain on relatively big shares; a few scalps throughout the day done in accordance with umbrella concept allowed to increase the profit from this trade even more.

 

Session Time: Fri Jan 16 00:00:00 2009

[07:40] {nemo} mornin'

[07:57] {nemo} Where's the sleepless asylum boss

[08:01] {Threei}  here

[08:02] {Threei}  good morning :)

[08:03] {nemo} whoa! looks like my cold broke last night.  One day was enough...I'm such a p**dah.

[08:04] {Threei}  lol

[08:04] {nemo} How are you today

[08:05] {Threei}  alive

[08:05] {Threei}  which is a nice surprise every morning

[08:05] {nemo} another day above ground, huh?

[08:06] {nemo} Eh, how do we know?

[08:06] {Threei}  eqzaktly

[08:06] {nemo} Oh, I think Georgy was what Zhukov used to call Stalin

[08:06] {_cujo} good morning all. 

[08:06] {Threei}  cujo :)

[08:07] {nemo} dog :)

[08:07] {_cujo} grrr windows restarting....  brb

[08:20] {nemo} Futures up on the roof

[08:21] {Threei}  yup... rally mode

[08:22] {nemo} funny...financials down...

[08:23] {Threei}  not really a big surprise

[08:23] {Threei}  financials is not what is going eventually leads us out of this mess

[08:23] {Threei}  to lead us

[08:24] {nemo} no, I suppose...they'll be down for a while.  For all intents and purposes, there are no financials.  Just Potemkin Villages called banks

[08:24] {Threei}  lol

[08:24] {Threei}  good reference

[08:24] {nemo} Catherine was quite a girl

[08:31] {ese} "People all over the world"  "Join hands"  "Start a love train....LoveTrain"  "People all over the world" my moring hello by the O'Jays.

[08:31] {Threei}  morning ese :)

[08:31] {ese} hey vad

[08:32] {Threei}  serious bidder PALM

[08:32] {nemo} what stocks watchin' this mornin'

[08:33] {Threei}  on a day like this you can watch pretty much whole market...

[08:33] {Threei}  PALM, DRYS, RIMM

[08:33] {_cujo} If you don

[08:33] {nemo} thought you might say that,  slw auy probably the solar's too

[08:34] {_cujo} If you don't have any scanning software how many stocks can you watch with enough detail?

[08:34] {Threei}  it has potential to turn into whole day non-stop rally

[08:35] {Threei}  not sure I understand the question cujo

[08:35] {Threei}  as many as your attention span allows? :)

[08:36] {nemo} 1

[08:36] {_cujo} sometimes when i have north of 10 names in quote monitor and trying to watch all 10 I start missing things on the chart.  How many names do you suggest we have and try to actively watch?

[08:36] {Threei}  I can;t answer that simply because this is not at all how I do things

[08:36] {_cujo} got ya

[08:38] {Threei}  there is a general notion in psychology saying that human attention starts breaking down by parts when trying to keep up with more than 7 objects

[08:38] {nemo} I lost it trying to keep up with 1 wife

[08:38] {Threei}  people during the party talk as a group if there are 7 and less of them for instance,

[08:38] {Threei}  but exceed this number, and party will naturally break down by two groups

[08:39] {Threei}  Put up to 7 subjects on the table, and most people can count them without actually counting

[08:40] {Threei}  just gauging by a single glance

[08:40] {Threei}  Exceed 7, and most people will have to actually count

[08:40] {i2romantis} morning everyone :)

[08:41] {Threei}  that would explain why your attention starts breaking them down by gropous when you observe about 10 stocks

[08:41] {Threei}  i2r :)

[08:41] {i2romantis} 3i:)

[08:41] {wishbone} good morning

[08:41] {Threei}  wish :)

[08:41] {_cujo} makes sense

[08:43] {i2romantis} what is going on with PALM

[08:43] {i2romantis} i sell it and it goes up another $1? that's just not cool :)

[08:43] {Threei}  lol

[08:43] {Threei}  it has become a market follower

[08:44] {Threei}  if we get the kind of rally I suspect we get today, I won't be surprised to see it gaining another buck

[08:46] {Threei}  daily chart wise, it has no significant resistance up to 9

[08:48] {i2romantis} ok

[08:49] {Threei}  doesn't mean it can get there without broad market rally

[08:49] {Threei}  but today so far looks like we will get just that

[08:49] {Threei}  08:17am Baltic Dry Bulk Index -3%, a second straight decline

[08:49] {Threei}  DRYS is gapping up solidly despite that

[08:52] {Threei}  closer to opening I'll suggest a strategy for today to try and utilize the day's potential to its fullest

[08:52] {Threei}  meanwhile, refresh quickly in memory umbrella concept

[08:56] {Threei}  ALERT: ALL NYC, CHICAGO CUSTOMER PHONE LINES ARE DOWN.

[08:56] {Threei}  -Network engineering has a ticket open with Verizon they appear to have a NYC area switch failure. No ETA.

[08:56] {Threei}  wow

[08:57] {nemo} wonder if that's data lines too

[08:59] {ese} that can cause a panic....turn a day from positive to negative in a hury

[09:04] {lisa_jay} Good Morning.

[09:04] {Threei}  lisa :)

[09:06] {ese} lisa

[09:07] {Peterg} good morning

[09:07] {Threei}  as long as it's not a terrorist act, should be of no consequense ese

[09:07] {lisa_jay} Hi Ese.

[09:07] {Threei}  peter :)

[09:07] {elepet} good morning

[09:07] {Threei}  elepet :)

[09:07] {Peterg} will we ever get history?

[09:07] {Peterg} of chat?

[09:07] {Threei}  peter... success connectiong on autopilot today?

[09:07] {Peterg} Yep

[09:07] {Threei}  OK

[09:07] {Peterg} tks

[09:08] {Threei}  doubt on replay, it's not a feature of server-side software

[09:08] {Peterg} so is this better than the old way, kemosabe?

[09:08] {Threei}  what I can do is, repost in the floor important parts of pre-market conversation, close to opening

[09:08] {KSystems} Morning!

[09:08] {Threei}  KS :)

[09:08] {_cujo} morning KS

[09:09] {Threei}  no, it's worse

[09:09] {ese} ks......

[09:09] {Threei}  but you don't think we have switched to new server in order to get rid of that feature?

[09:09] {Peterg} what, the record feature?

[09:09] {Threei}  replay

[09:10] {Peterg} assumed quest was for stability of platform

[09:10] {Threei}  that's korrekt

[09:10] {elepet} thanks I was about to ask the question how do i find out what happened before I logged on? is replay the answer? if so, how?

[09:10] {Threei}  or is it korreqt?

[09:10] {Peterg} really don't know why, basically following orders

[09:10] {Peterg} like both variants

[09:11] {Threei}  you can't elepet

[09:11] {Peterg} in the new world there is no history only the eternal now

[09:11] {Threei}  right

[09:11] {Peterg} good for trading mentality

[09:11] {cosmo} each moment, once created, exists for all eternity

[09:11] {hawkfan4} gm all

[09:11] {Peterg} oooh

[09:12] {Threei}  cosmo, that deep

[09:12] {Threei}  hawk :)

[09:12] {cosmo} sorry

[09:12] {Peterg} very good!

[09:12] {dptl} gm all

[09:12] {Threei}  dp :)

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

[09:13] {dptl} :)

[09:13] {Peterg} so perhaps one should leave discussions permanently on...?

[09:13] {Peterg} 24/7

[09:13] {Peterg} then history is recorded

[09:13] {Threei}  why not

[09:13] {Threei}  you were out for a few days when it developed peter... old server started literally falling apart

[09:14] {Threei}  5-10 disconnects a day

[09:14] {Peterg} uh oh, dino is getting booted

[09:14] {Peterg} yeah vad I missed the disintegration

[09:16] {Threei}  KS led us to safety, over the span of two days

[09:16] {Threei}  building things on the go

[09:16] {cosmo} parting the waters. etc.

[09:16] {Peterg} Our own Moses, leading the tribe

[09:17] {Threei}  there you go.... some appreciation fiinally :)

[09:17] {Threei}  be back in 5

[09:17] {cosmo} and for the next 49 years...

[09:17] {cosmo} 40

[09:18] {Peterg} yeah, I remember that part, too :)

[09:18] {Peterg} I will then be at the age at which I will have been dead for a while

[09:18] {Peterg} So meanwhile lets make some money

[09:19] {Peterg} have some fun  (cue song, all I want to do.....)

[09:21] {ese} "If I had a million dollars......i'd buy me a fur coverd sink"

[09:21] {Peterg} whats that singers name?

[09:21] {ese} "If I had a million dollars....I'd buy me an electric dog pollisher"

[09:21] {elepet} are we watching anything except DRYS?

[09:21] {ese} Bare Naked Ladies

[09:22] {Peterg} and all I want to do?

[09:22] {elepet} oh my goodness gracious

[09:22] {ese} hmmmmmmmmmm

[09:22] {cosmo} be friends?

[09:22] {Peterg} ah, blanking on singer's name, all I want to do is have some fun

[09:22] {Threei}  elepet... PALM{ RIMM, and actually whole market

[09:22] {Threei}  working assumption for the day:

[09:23] {Threei}  broad rally

[09:23] {ese} drys palm and rimm i think ele

[09:23] {Threei}  probably with some volatility and possible pullback at the open

[09:24] {Threei}  if that starts materializing, I'd suggest to think of utilizing umbrella concept,

[09:24] {fernp} Hi everybody

[09:24] {ese} fern....

[09:24] {Peterg} Googled line; Cheryl Crow is singer 

[09:24] {Threei}  taking core position in a stock you like, PALM for instance

[09:24] {Threei}  and as and if it goes in your direction

[09:24] {ese} aahhhhhhhh!!!

[09:24] {Threei}  keeping that position while scalping on another lot when setups shape up

[09:25] {ese} i wouldn't have got that...

[09:25] {cosmo} i thot it was Cher

[09:25] {Peterg} Sheryl

[09:25] {nemo} I was wondering about that last night.  As ascending charts create additional set-ups.  I suppose it works in reverse too

[09:25] {Peterg} dino got kicked again

[09:26] {Peterg} I feel his pain

[09:26] {Threei}  that concept is illustrated in scalping video course nemo

[09:26] {Peterg} or perhaps empathy is based on memory of own pain

[09:27] {Peterg} Heinz Kohut thought so

[09:27] {dino} test

[09:28] {KSystems} you got it!

[09:28] {ese} dino.......

[09:28] {dino} how do i save this/

[09:28] {Threei}  dino :)

[09:28] {Peterg} welcome dino you had us worried

[09:29] {cosmo} DRYS pre mkt high = 15.50

[09:29] {nemo} laddering up. Yep...I'll order the whole-shbang this weekend

[09:29] {cosmo} fwiw

[09:29] {Threei}  07:29am [PALM] Price Target raised to $7.50 from $2.50 at BofA/Merrill Lynch, maintains Neutral rating

[09:30] {dino} thx peter, had to re-enter everything again

[09:30] {Peterg} about fifty times

[09:30] {Threei}  PALM 7 break

[09:31] {Threei}  with stop under 6.90

[09:31] {dino} yeah

[09:31] {Threei}  invalidated

[09:33] {nemo} Vad, do you have Will and Ariel Durant's series?

[09:34] {Threei}  DRYS, either pullback into 7 or .30 break if holding .15

[09:34] {Threei}  watch market for lead

[09:35] {Peterg} 7?

[09:35] {lisa_jay} DRYS or PALM?

[09:35] {Threei}  DRYS, 15

[09:35] {Threei}  if market reverses to upside

[09:35] {Threei}  and DRYS holding 15

[09:35] {Peterg} and fat lady sings

[09:36] {KSystems} nope

[09:36] {Threei}  not yet

[09:36] {nemo} fakeout so far... except for basic materials gold an silver

[09:37] {Threei}  15 re-cross if holding 14.90

[09:37] {KSystems} even with market downticking?

[09:38] {Threei}  no

[09:38] {KSystems} k

[09:39] {Threei}  some green

[09:39] {Threei}  in

[09:39] {KSystems} in

[09:39] {Threei}  stop is obvious

[09:40] {Threei}  PALM, .75 if holding above .60

[09:41] {dino} aapl not following

[09:41] {nemo} jobs

[09:42] {nemo} maybe more profit taking from yesterday's rally

[09:43] {Threei}  market looks greener

[09:43] {dino} gaps above 8448, 1190, 867and below from yesterdays' close

[09:44] {nemo} anybody grab palm?

[09:44] {KSystems} yep

[09:44] {hawkfan4} y

[09:44] {dino} jpm blood

[09:44] {Threei}  PALM half out

[09:45] {Threei}  1.4 more out

[09:45] {Threei}  1/4

[09:46] {Threei}  out in full

[09:46] {KSystems} can you kick drys please

[09:47] {Threei}  not too shabby for %7 stock

[09:47] {wishbone} ty vad

[09:47] {Threei}  welcome

[09:48] {hawkfan4} wowza, thanks vad

[09:48] {Threei}  :)

[09:48] {nemo} DRYS might be held back by the shipping rate drop

[09:48] {Threei}  I guess

[09:49] {Threei}  IMO... unless market reverses hard, PALM will see 8 and above today

[09:49] {Threei}  consider reentering on pullback

[09:50] {nemo} long weekend, might be a pullback @ end of day. Nobody wants to get caught with knickers own

[09:50] {nemo} own=down

[09:50] {Threei}  well... neither many want to be caught short into inauguration rally

[09:50] {nemo} straddles

[09:51] {nemo} that's right up the ETF alley then

[09:51] {nemo} Considering how bad things might really be, is the inauguration "sell the news"

[09:52] {Threei}  DRYS no worky

[09:52] {Threei}  needs deep dump

[09:52] {_cujo} stopped drys

[09:52] {Threei}  PALM is coming into support zone

[09:52] {Threei}  between 7 and 7.20

[09:53] {dino} out mcd swing +1.30

[09:53] {Threei}  wtg

[09:53] {hawkfan4} nice dino

[09:53] {Threei}  in PAL

[09:53] {Threei}  .06

[09:53] {dino} lucky

[09:53] {Threei}  PALM

[09:54] {KSystems} PALM - in .76 - out 1/2 .99 - out 1/4 .12 - out rest .18

[09:54] {KSystems} palm stop under 7?

[09:54] {Threei}  beautifull

[09:54] {cosmo} obamarational

[09:54] {Threei}  different ways to play it

[09:54] {Threei}  one is stop under 7 and be ready to reenter

[09:55] {Threei}  another is wider stop and building core position

[09:55] {Threei}  JAN PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 61.9 V 59.0E

[09:55] {patience} +.60 slw overnight hold.....my atm

[09:56] {lisa_jay} nice

[09:56] {hawkfan4} nice

[09:57] {magoo} morning

[09:57] {dino} gj

[09:58] {Threei} Long Setup:  BRCM  17.10 break if stays above 17

[09:58] {Threei}  mags :)

[09:58] {Threei}  half out PALM .32

[10:02] {KSystems} in brcm

[10:03] {Threei}  half out BRCM on spike over .20 is the plan

[10:06] {Threei}  here we go, half out .23

[10:06] {nemo} C&H on BRCM?

[10:06] {Threei}  kind of yeah

[10:07] {dino} sm l cpla .05, stop lod

[10:07] {Threei}  COALITION OF INSURANCE COMPANIES AND INDEPENDENT MARKETING ORGANIZATIONS FILE LAWSUIT AGAINST THE SEC OVER NEW ANNUITIES REGULATION

[10:07] {Threei}  - A coalition of insurance companies and independent marketing organizations has filed suit in federal court to overturn Rule 151A, the newly published rule by the Securities and Exchange Commission that classifies indexed annuities as securities.

[10:08] {magoo} vad, u watching RIMM?

[10:08] {fernp} out TIVO +.10 out ARRS +.10 out CDNS +.10

[10:08] {Threei}  not at the moment mags

[10:08] {Threei}  beauty fern

[10:08] {fernp} one day I will grab .11 and that day... :)

[10:09] {lisa_jay} Fernp you are a true SCALPER....very impressive.

[10:09] {fernp} ty

[10:10] {KSystems} PALM - in .10 - out 1/2 .25 - out rest .06

[10:10] {Threei}  BRCM second half is stopped

[10:11] {KSystems} BRCM - in .12 - out 1/2 .24 - out rest .07

[10:12] {Threei}  don't like market action so far - we have expnading range

[10:12] {Threei}  should jump back up now

[10:13] {nemo} looks like S&P wants to close the gap up

[10:13] {magoo} BAC bouncer vad?

[10:13] {fernp} DPTR braking 5.00, Vad?

[10:13] {Threei}  a bit too narrow...

[10:14] {fernp} ok

[10:17] {nemo} slw falling

[10:18] {dino} axys

[10:18] {patience} just bought slw for a scalp nemo

[10:18] {nemo} your favorite :)

[10:19] {patience} i want the new toys to go wit the new tv   :)

[10:19] {nemo} ahhhh materialism  :)

[10:20] {Threei} Long Setup:  PLD  .25 break

[10:21] {KSystems} argh too late

[10:21] {_cujo} grrrr

[10:21] {Threei}  that was fast

[10:21] {Threei}  should pull back

[10:21] {Threei}  don't chase

[10:22] {KSystems} where would the stop be?

[10:22] {magoo} Q bounce vad?

[10:22] {KSystems} in PLD

[10:22] {ese} long NUAN .55

[10:22] {Threei}  under .10 originally... after such jumo I'd says under .15

[10:22] {ese} aggressive

[10:23] {Threei}  feels so to me mags but my initial working assumption is not materializing so far

[10:23] {Threei}  not confident

[10:23] {magoo} right

[10:23] {ese} stopped nuan.....just like that .49

[10:24] {nemo} options expiration into long weekend

[10:24] {magoo} still so far it was a suckers open

[10:24] {nemo} fit's me perfectly mags

[10:25] {magoo} lol

[10:26] {magoo} circuit city being liqwuidated

[10:26] {magoo} i liked those

[10:26] {patience} announced it before christmas

[10:27] {nemo} they just opened a store near me.  Funny...

[10:27] {patience} my newphew got a christmas job there, me: make sure you get a paycheque

[10:27] {magoo} 35k workers out

[10:27] {nemo} surplus proletariat

[10:28] {magoo} announces record bonusis to still be paid to mangt

[10:29] {magoo} that was a joke

[10:29] {dino} cpla stopped

[10:31] {KSystems} pld making me bite my nails

[10:31] {Threei}  that's unhealthy habit

[10:31] {Threei}  germs...

[10:32] {Threei}  half out PLD .45

[10:32] {magoo} can aapl bounce vad, or even more neg news?

[10:32] {Threei}  I'd stay away mags

[10:32] {Threei}  with all the concerns about Jobs, this one is under constant pressure

[10:33] {magoo} yeah..agree

[10:33] {nemo} Mmmmhh...makes me wonder...if Cramer were to take ill...would "The Street.com" stock go up???

[10:33] {magoo} a bad health announcemt and down 10

[10:34] {dino} lol

[10:34] {ese} aapl sure is geting close to crucial support at 80 though....

[10:35] {Threei}  OK, this I can't forgive myself

[10:35] {ese} steve jobs can buy health......no worries

[10:35] {Threei}  RIMM, typed alert at 49.60

[10:35] {Threei}  and heistated

[10:36] {nemo} Don't be so hard on yourself Vad...at least it gives that shoulder joint a little time to heal :)

[10:36] {Threei}  lol

[10:36] {fernp} you hesitated? are you human?

[10:37] {nemo} SLW is developing the same chart formation as RIMM

[10:37] {Threei}  not really but I have to pretend

[10:37] {ese} vad question.....when a stock touches higher bollenger band is that a go long signal for you...do you wait for that?

[10:37] {Threei}  no ese... not really

[10:37] {Threei}  that's too general way to shape the queation

[10:37] {Threei}  really depends on the type of the play

[10:38] {ese} just wondering......rimm was around that area for your alert

[10:38] {Threei}  for bounce I'd rather watch for lower band

[10:38] {ese} tks

[10:38] {Threei}  for breakout, uppoer, but it's just one of conditions

[10:38] {Threei}  a lot of other considerations should be taken

[10:39] {fernp} market is not as strong as we thought. no?

[10:39] {Threei}  nope

[10:39] {Threei}  PLD second half stop is under .30 now

[10:40] {magoo} its expiration day

[10:41] {Threei}  I still can't shake out deep inner feeling that rally is in cards

[10:42] {patience} guru's webcast i just listened to said rally for now, followed by retest of lows

[10:42] {dino} itri, axys

[10:42] {magoo} i been tellin dino same...bear mkt bounce due

[10:42] {magoo} 'might be tues tho

[10:42] {nemo} Probably starts Tuesday...too much can happen over the long-weekend

[10:42] {magoo} ah nemo

[10:43] {nemo} think alike...you must be a hunter too

[10:43] {KSystems} monday is a holiday?

[10:43] {Threei}  yeah, let us not forget that this period, last few days before power transition were deemed by security experts as most dangerous period

[10:43] {Threei}  yes KS

[10:43] {KSystems} oh cool

[10:43] {nemo} I'll have vodka at the ready

[10:43] {KSystems} I'll see girlfriend again

[10:43] {magoo} are u a hunter nem?

[10:44] {nemo} yep. 

[10:44] {Threei}  so, there will be probably some seliing pressure coming from those who don't want to hold longs into possible terrorist scare

[10:44] {magoo} ditto here..bowhuntr also

[10:44] {nemo} bow. rifle. shotgun. muzzleloader

[10:44] {magoo} ditto

[10:44] {ese} what do you mean by power transition vad?

[10:44] {Threei}  {--- 2x4

[10:44] {Threei}  US administration ese

[10:45] {magoo} stones, snowballs

[10:45] {KSystems} vad's a hunter too. i just doesnt shoot, he kicks

[10:45] {KSystems} i=he

[10:45] {Threei}  looking to exit PLD balance closer to .60

[10:45] {nemo} mmmhhh...should watch the options to see if there are any terrorist/assasination plans...remember a few days before 9/11

[10:46] {KSystems} hey wish

[10:46] {wishbone} hi KS

[10:47] {wishbone} i got the boot there for a sec

[10:47] {Threei}  BAC is getting dumped

[10:48] {fernp} in BAC 7.99

[10:48] {nemo} "Bank of America agreed on a deal to receive an additional $20 billion in support from the government. The bank will also receive guarantees to cover up to $118 billion in losses on loans and securities backed by residential and commercial real estate."

[10:48] {nemo} Recently the government also agreed to cover losses on 300 Billion of C's liabilities which are about 1/3 of C's questionable assets.

[10:48] {nemo} If we assume the same level of Guarantee for BAC that means they ha

[10:49] {Threei}  US TREASURY'S PAULSON: ANY TARP PROFITS SHOULD GO TOWARDS DEBT REDUCTION, SUPPORTS RESTRICTIONS ON COMPENSATION AND DIVIDENDS

[10:49] {Threei}  - Citi restructuring should provide time

[10:49] {Threei}  - REmarsk that Term lending facilities can lead to expansion to include CMBS, among other

[10:49] {fernp} out BAC half 7.79

[10:49] {nemo} oh, you shorted Fern

[10:49] {Threei}  whew fern... I wasn't sure whether you wqent long or short

[10:50] {fernp} yes

[10:50] {Threei}  got scared

[10:50] {fernp} classic DBI

[10:51] {Threei}  yes

[10:51] {fernp} stop now over 7.86

[10:53] {nemo} faz

[10:53] {nemo} oops

[10:53] {fernp} out 7.70

[10:53] {Threei}  time to start that rally, market

06[10:53] * Threei kicks PLD in the rear

[10:53] {magoo} rally monkey ready?

06[10:54] * Threei kicks palm in the rear

[10:54] {Threei}  you PALM, wake up... we have 8 to take today

[10:56] {nemo} triple bottom on SLW patience?

[10:56] {patience} looks like it

[10:56] {patience} price of gold is just holding doing nothing, so silver will lag it

[10:57] {nemo} silver just dropped...oops

[10:58] {fernp} bounce time??

[10:59] {Threei}  fern... I can't really tell, being "inside my mind" so to speak, whether it's my bias or my intuition,

[10:59] {Threei}  but it feels to me like preparations for stunning upward move

[10:59] {patience} dropping imo

[10:59] {patience} i want vad's outcome

[10:59] {Threei}  PLD makes chomp chopm sound

[10:59] {fernp} i think dropping too

[10:59] {nemo} Sounds like a movie, "Being Vad Graifer"

[11:00] {Threei}  who was it with that theory

[11:00] {Threei}  german philosopher

[11:00] {Threei}  don't know how to spell hia name

[11:00] {nemo} which theory..

[11:00] {Threei}  lemme do a search quickly

[11:00] {Peterg} Wittgenstein

[11:00] {Threei}  color perception

[11:00] {Peterg} not sure of sp

[11:01] {Threei}  http://en.wikipedia.org/wiki/Immanuel_Kant

[11:01] {wishbone} ks

[11:01] {nemo} well, it sounds like Goedel's theorem applied. 

[11:01] {Threei}  out second half PLD

[11:01] {Threei}  .65

[11:01] {Threei}  +.38

[11:02] {patience} nice vad, keep saving up for my drinks in the bahamas

[11:02] {Threei}  ks, out yet?

[11:02] {KSystems} PLD - in .28 - out 1/2 .35 - out rest .60

[11:02] {KSystems} yes

[11:02] {KSystems} thanks :)

[11:02] {Threei}  :)

[11:03] {Threei}  the reason I rememberd about Kant,

[11:04] {Threei}  one of important aspects of his philosophy was that there is no way for an inside observer to define how realistic his perceptions are

[11:04] {fernp} deep

[11:04] {nemo} are you talking manure fern?

[11:04] {patience} that would be about me and my waistline vad

[11:04] {Threei}  thus, without verification by independent and objective measurement located outside of observer's sphere of influence

[11:05] {nemo} test, test, test

[11:05] {Threei}  I can't tell whether my rally perception is governed by what I see in the market action

[11:05] {Threei}  or by my bias.

[11:05] {fernp} What about you next book, Vad?

[11:05] {nemo} action and experience

[11:05] {Threei}  corect way to consume vodka

[11:06] {nemo} liberally

[11:06] {Threei}  ummm... scratch that

[11:06] {Threei}  not a chance for wide audience

[11:06] {dino} feels like markets want to fill op en gaps

[11:06] {nemo} depends on how the economy goes, Vad

[11:07] {Threei}  fern... my intention is to put together a book on trading psychology,

[11:07] {Threei}  but I want it to be vastly different from anything written on the topic

[11:07] {dino} ahhh, sort of like cramer's coffee table book on coffee tables

[11:07] {magoo} vad, good $$ for u writing books?

[11:08] {Threei}  hehe

[11:08] {Threei}  no mags

[11:08] {Threei}  it's not a money producer

[11:08] {Threei}  first, I want it to be very practical, no psychobubble,

[11:08] {Threei}  no deep involved theory,

[11:08] {Threei}  things that every trader can relate to,

[11:08] {magoo} i want to write my biograpphy someday

[11:08] {Threei}  can say "this is what I lived through"

[11:09] {Threei}  can say "this guy looked over my shoulder or what"

[11:09] {Threei}  and provide very practical things to do for a trader.

[11:09] {Threei}  second,

[11:10] {Threei}  all too many books on the subject focus on poure trading specifics

[11:10] {magoo} my title"mr. magoo...the greatest trader that never was'

[11:10] {Threei}  leaving aside or touching briefly the fact that in order to adjust one's mindset for trading

[11:10] {dino} they can put that in cartoon format magoo for your movie

[11:10] {fernp} seems very interesting, Vad

[11:10] {Threei}  one has to change himself in general.

[11:10] {magoo} i know

[11:11] {patience} like quitting smoking

[11:11] {Threei}  Thus, important aspect of the book must be about much more than trading

[11:11] {Threei}  In my dream, one who goes through the book

[11:11] {Threei}  and applies it successfully

[11:12] {Threei}  should be able to say not only

[11:12] {Threei}  "it helped me become a better trader"

[11:12] {Threei}  but also "it changed me"

[11:12] {nemo} trading/life is simple, proper execution...that's another story...

[11:13] {fernp} not for newbies, no?

[11:13] {fernp} Psychology is something which is not intended at first

[11:13] {Threei}  well

[11:13] {nemo} better for newbies than people who have built bad habits

[11:13] {fernp} that true, nemo

[11:13] {wishbone} Vad, I will never forget the things you taught me!

[11:13] {Threei}  newbies are less likely to benefit in full from this kind of the book for a very simple reason:

[11:13] {wishbone} anyone see CSI last night?

[11:14] {dino} nope

[11:14] {Threei}  one doesn't fully appreciate the role of psychology in trading until actually hits the brick wall

[11:14] {dino} saw the office

[11:14] {wishbone} oh that vad comment would've made more sense

[11:14] {wishbone} Grissom left the show

[11:14] {nemo} Well, if they've hit the wall in other things in life I think they might appreciate it. It amounts to how much pain you've suffered.

[11:15] {Threei}  look at our PLD exit

[11:16] {nemo} How's the shoulder?

[11:16] {Threei}  thing of beauty

[11:16] {Threei}  in pain nemo

[11:16] {Threei}  permanent dislocation

[11:16] {patience} slw chart says its either going to break below 7.38ish and drop to fill gap or market help (and tsx keeps dropping), it will pop.   i'm getting ready to bail

[11:16] {nemo} There's a price for success...

[11:16] {KSystems} it is amazing how much pain people need before learning curve kicks in

[11:17] {nemo} K, not really...it's always been that way...you realize it once it happens to you...that's why all philosophies/religions talk about pride

[11:18] {dino} you guys are "deep" today

[11:18] {nemo} trained in philosophy for 20 years

[11:18] {Threei}  don't worry dino, we will revert to "tree good, fire bad" soon enough

[11:19] {Threei}  depth of thinking is not what we practice for very long {G}

[11:19] {KSystems} of course its always been like that....its just amazing me time and time again

[11:19] {Threei}  mags, about book writing and reward... this is niche theme,

[11:19] {Threei}  not porn, not fiction,

[11:20] {Threei}  fairly limited buyers layer so to speak

[11:20] {nemo} K..jung

[11:20] {Threei}  trading book selling 5K copies in its first year is considered smashing success

[11:20] {wishbone} trading is like sinning......you know they're wrong, but at the end of the day you can still count the rules you broke

[11:21] {larisa} mix trading book with porn probably? 

[11:21] {Threei}  that would be good idea

[11:21] {nemo} the old "in and out"

[11:21] {Threei}  but I need models

[11:21] {magoo} vad..to increase your readership...put pics o you in the nude lol

[11:21] {Threei}  if you go with biog publisher, like McGraw Hill

[11:21] {_cujo} sold

[11:21] {KSystems} ouch

[11:22] {Threei}  royalty oper copy sold is laughable

[11:22] {Threei}  if you self-publish, it's much better but you sell way less

[11:22] {Threei}  so, the reward is different for this venue

[11:22] {Threei}  and is not monetary

[11:23] {nemo} Yeah, but the way this stuff is getting sold...Amazon is as good as a bookstore

[11:23] {nemo} The only financial stuff you see in bookstores (most) is coffee table stuff

[11:24] {Threei}  this is kind of :what I leave whan I leave" thing

[11:24] {nemo} looks like rally pressure might be building

[11:24] {Threei}  PLD

[11:24] {Threei}  bounce scalp I guess

[11:25] {Threei}  with stop under .20

[11:25] {magoo} wow..with conviction (not lol)

[11:25] {dino} cedc sm l .06, stop .74

[11:26] {Threei}  BAC hit under 7.50

[11:26] {Threei}  that was a good shiort fern

[11:27] {Threei}  or short

[11:28] {KSystems} target on PLD, Vad? 1:1?

[11:30] {magoo} long rimm .30

[11:30] {magoo} small

[11:31] {magoo} .90

[11:31] {magoo} stop

[11:33] {magoo} out rimm

[11:33] {magoo} no like mkt action

[11:33] {KSystems} PLD stopped

[11:33] {wishbone} pld stopped

[11:34] {dino} cedc tighten to .95 mkt drop

[11:34] {dino} watching axys

[11:34] {dino} itri

[11:35] {Threei}  RIMM is holding quite well on these market drops

[11:37] {Threei}  gap is filled on NASDAQ

[11:37] {Threei}  and S&P

[11:47] {Threei} Long Setup:  RIMM  .25 if stays above .10

[11:48] {KSystems} in

[11:48] {wishbone} in

[11:48] {magoo} in

[11:49] {larisa} :)

[11:50] {magoo} GS would be a good market tell

[11:50] {dino} axys sm l .07

[11:51] {Threei}  half out RIMM

[11:51] {wishbone} 1/2 out

[11:52] {_cujo} RIMM + .15 thanks Vad

[11:52] {Threei}  :)

[11:52] {_cujo} tading in 100 lots today so no half outs for me

[11:53] {magoo} rimm im thinking .68

[11:53] {_cujo} would AAPL be a long set up at 81.40?

[11:54] {magoo} stay away aapl

[11:54] {Threei}  chart wise yes but I'll stay away

[11:54] {_cujo} got it. 

[11:54] {_cujo} staying away

[11:54] {_cujo} how about GOOG ;)

[11:55] {Threei}  yikes

[11:55] {KSystems} only with double-lots

[11:55] {KSystems} everything else is no fun 

[11:55] {Threei}  yeah... and if anything, GOOG looks like shiort to me

[11:55] {_cujo} of course

[11:55] {_cujo} he he

06[11:55] * Chaeron slaps laserdave around a bit with a large trout

[11:55] {Chaeron} hi all

[11:56] {larisa} hi Chaeron :)

[11:56] {lisa_jay} Hi Chaeron.

[11:56] {Chaeron} Hi Larisa! Lisa! Have to run, but I'm leaving window open so I can lurk :)

[11:56] {Threei}  chaeron :)

[11:56] {dino} ipar

[11:56] {Chaeron} hey3i

[11:56] {dino} chaer on ignore

[11:57] {dino} :)

[11:57] {Chaeron} dino - I saw that :P

[11:58] {Threei}  RIMM balance stop is under .20

[11:58] {nemo} market action rates right up there with flossing with barbed-wire

[11:58] {Threei}  lol

[11:58] {Threei}  I have vivid imagination

[11:59] {nemo} you're a closet sadist also

[11:59] {nemo} or masochist in this case

[11:59] {Threei}  if I were, I'd continue your analogy with toilet paper

[12:00] {Threei}  WHITE HOUSE FORECASTS REAL GDP +0.6% IN 2009, 5% IN 2010, UNEMPLOYMENT AT 7.7% IN 2009

[12:01] {Threei}  I want what White house is smoking

[12:01] {nemo} what are they smokin'

[12:01] {magoo} yeah..like they know

[12:01] {larisa} is it still Bush forecasting ? :)

[12:01] {nemo} This place is scary...it's like finding home.

[12:02] {ese} outta here for the weekend....too busy a week....didn't get much trading done..take care all

[12:03] {Threei}  take care ese

[12:03] {magoo} bye es

[12:03] {Threei}  have a good long weekend

[12:03] {Threei}  want to see QQQQ spike with break of .06 - .10 zone

[12:03] {Threei}  would be nice catalyst for a few upside legs

[12:04] {patience} lunch hour crazies are just lining up their victims

[12:05] {cosmo} its always lunch hour

[12:05] {cosmo} ... these days

[12:05] {dino} cya es

[12:05] {patience} i'm not talking about traders, i'm talking about politicians

[12:06] {dino} hmmmm

[12:06] {cosmo} yes... they still do lunch...

[12:07] {cosmo} the old fasion way

[12:08] {dino} itri bloody

[12:09] {Threei}  MICROSOFT CEO BALMER HAS REPORTEDLY MET WITH YHOO CHAIRMAN BOSTOCK

[12:09] {Threei}  {MSFT}

[12:10] {cosmo} for lunch?

[12:10] {Threei}  I guess:

[12:10] {Threei}  - note that the WSJ reported this morning that Balmer and the new CEO have had very informal conversation with nothing specific covered

[12:10] {nemo} in a Hannibal Lechter kinda' way?

[12:11] {Threei}  PALM became interestingly paralysed

[12:12] {dino} nice

[12:13] {dino} itri sm l .50 risky

[12:16] {nemo} RIMM going for the double bottom?

[12:16] {Threei}  will pretty much deoend on market action

[12:17] {Threei}  I have this nagging suspicion that my rally hasn't started yet

[12:17] {nemo} I meant at support

[12:17] {Threei}  rather yes... it's still solidly above its low while market makes new ones

[12:18] {nemo} but it has also tripple topped at resistance since 11:00

[12:18] {nemo} triple

[12:19] {Threei}  PALM makes me think my quotes need to be checked

[12:19] {Threei}  how can it be nailed to this .19 - .20 for so long

[12:19] {_cujo} 7.19 weird

[12:20] {hawkfan4} it is very strange

[12:20] {nemo} got it at 7.18 on Fidelity also

[12:20] {nemo} now 7.17

[12:22] {nemo} yesterday's drop felt like fear...today feels like the unknown

[12:22] {_cujo} RIMM bounce?

[12:24] {Threei}  not yet...

[12:24] {nemo} has to test support i think

[12:25] {Threei}  .50 re-cross if holding above .30, but not very confident yet

[12:25] {Threei}  only if market spikes furiously

[12:25] {Threei}  not convinced, honestly

[12:25] {_cujo} y

[12:27] {dino} well back to the average 300 point ranges

[12:29] {Threei}  PALM

[12:29] {Threei}  I am teling you... this thing is going to see 8

[12:29] {magoo} this month??

[12:29] {Threei}  (unless I am under the same spell that keeps me seeing non-existing rally)

[12:30] {nemo} Do you see large rabbits also?

[12:30] {nemo} Sorry...doubt you saw that movie

[12:31] {Threei}  no but pink elephants are flying all over the room

[12:31] {dino} man eating rabbits

[12:31] {nemo} Harvey

[12:32] {nemo} dino...that's Monty Python..or a really bad 70s movie called "Night of the Lepus"

[12:32] {dino} monte python/holy grail (showing my age)

[12:32] {nemo} "He's got teeth..."

[12:32] {dino} :)

[12:32] {nemo} Thou shalt count to three

[12:35] {dino} jpm ouch

[12:41] {wishbone} rimm ty vad

[12:41] {nemo} got your wish.hehe

[12:41] {Threei}  :)

[12:45] {Threei}  disclosure:

[12:45] {Threei}  I have 3K PALM left after a few morning scalps

[12:45] {Threei}  and I intend to be strong and hold it for the march toward 8

[12:46] {nemo} te moritori salutamos

[12:46] {nemo} might be "morituri"

[12:47] {dino} why march 8th?

[12:48] {nemo} march TOWARD 8

[12:48] {Threei}  lol

[12:48] {dino} lol, i know

[12:48] {dino} you guys are serious today

[12:48] {nemo} oh..jokes on me

[12:49] {larisa} are you serious about 3K ? 

[12:49] {Threei}  yes ma'am

[12:49] {Threei}  now... I need to stop watching it

[12:50] {nemo} geez...look at palm go

[12:50] {Threei}  to resist temptration to take profit

[12:50] {Threei}  which with my average cost basis at 7.05 is considerable

[12:51] {magoo} are we chasing PALM here if u thinkin 8

[12:51] {Threei}  ugh mags

[12:51] {Threei}  you know how I like chasing things...

[12:51] {nemo} RIMM vad

[12:51] {nemo} only women...right Vad

[12:51] {Threei}  I outlined plan for it from the start of the day

[12:52] {Threei}  and harped on it a few times more

[12:52] {Threei}  who liked the idea, should have been in at much lower prices

[12:52] {magoo} not my style trade

[12:53] {Threei}  putting sale for 2500 at 7.95 and going for a smoke

[12:54] {Threei}  can I be that lucky that it's hit while I am away, so I don't get tempeted to sell lower

06[12:54] * KSystems slaps Threei around a bit with a large Fort Knox

[12:58] {Threei}  ouch

[12:58] {Threei}  that hurt

[12:58] {Threei}  it'smore of hawk's style play mags

[13:00] {Threei}  these sharp pullbacks are suitable for scalps in umbrella spirit

[13:00] {Threei}  while holding core position

[13:00] {nemo} C&H is playing out on RIMM

[13:01] {patience} slw doing ok, i'm watching it from the treadmill

[13:02] {wishbone} i like your style patience:)

[13:02] {wishbone} exercise and print money

[13:03] {Threei}  .30 break PALM for scalp

[13:03] {Threei}  if stays above .20

[13:04] {Threei}  OBAMA REITERATES PREVIOUSLY ANNOUNCED PLAN FOR ALTERNATIVE ENERGY INVESTMENT

[13:05] {cosmo} any symbols?

[13:05] {Threei}  I looked at solars... no real reaction

[13:05] {Threei}  just drift with market

[13:05] {larisa} old news cosmo

[13:05] {cosmo} yea

[13:06] {cosmo} i'm just ... waiting for obama anyway...

[13:06] {larisa} need details now, which company gets what

[13:07] {patience} these are the ones i follow  aens, ande, adm, bg, mgpi, peix, stkl, ghnh, 

[13:07] {patience} gnh

[13:07] {cosmo} pbw?

[13:07] {larisa} you typing while on treadmill too patience? :)

[13:07] {patience} y

[13:08] {patience} it shows?

[13:08] {hawkfan4} lol, now that takes talent

[13:08] {larisa} no way, good job, just be careful :)l

[13:08] {patience} bg i meants

[13:08] {KSystems} in PALM

[13:08] {KSystems} .33

[13:10] {Threei}  CALIFORNIA CONSIDERING DELAYING TAX REFUNDS AND OTHER PAYMENTS - WSJ

[13:10] {Threei}  {MUNIS}

[13:10] {nemo} Your money is our money

[13:11] {nemo} RIMM C&H

[13:11] {magoo} i just took rimm off 49

[13:11] {magoo} 49.00 that is

[13:11] {Threei}  nice mags

[13:12] {magoo} i think its going over 50 if IF mkt rallies just a smidge

[13:12] {magoo} not a smidge of temperature daddy {its a wond life}

[13:12] {nemo} market has been stair stepping up  for last hour

[13:13] {dino} apol

[13:16] {Threei}  nice pullback APOL

[13:16] {Threei}  right into support

[13:17] {magoo} still scalpers mkt

[13:17] {magoo} sigh

[13:21] {nemo} I as gonna' say that looks like a bear flag on palm

[13:23] {nemo} so much for that observation

[13:24] {_cujo} long APOL 89?

[13:25] {Threei}  hard to tell...

[13:25] {Threei}  thing is stron but still needs market directional help

[13:25] {_cujo} thanks

[13:30] {Threei}  CHRYSLER FINANCIAL RECEIVES $1.5B LOAN FROM US TREASURY

[13:30] {magoo} out rimmhere .72 +.70 somuthung

[13:31] {Threei}  beauty

[13:31] {hawkfan4} nice mags

[13:31] {magoo} i have been execrcising ty

[13:31] {patience} magoo, did i tell you how much i missed you yesterday

[13:31] {Threei}  out PALM scalping part +.16

[13:31] {magoo} now long 100 sh gs at 72

[13:32] {KSystems} PALM - in .33 - out .45

[13:32] {KSystems} ty Vad

[13:32] {Threei}  :)

[13:32] {magoo} dino said no one even asked

[13:33] {patience} repeatedly i called in vain for you

[13:33] {magoo} nice

[13:33] {nemo} dino lied

[13:33] {dino} and i intentionally told him no one asked

[13:33] {nemo} I would do the same thing

[13:34] {magoo} i came into office around 1 pm

[13:34] {nemo} Punch line: "No, no..no talk to sheep...sheep lie."

[13:34] {dino} the way i see it nemo, is plain and simple...he drinks all of my beer, and does not re-stock it

[13:34] {magoo} started drinking immediately he he

[13:34] {Threei}  14:48] {Threei} and magoo misses this day

[13:34] {Threei}  [14:48] {Threei} this is his kind of range

[13:34] {Threei}  [14:49] {patience} i miss magoosky dino, send him in tomorrow

[13:34] {Threei}  there you go mags

[13:35] {nemo} need a hanky mags?

[13:35] {magoo} getting all terry eyes here...lets get a drink

[13:35] {dino} thinnking of sending him to the moon (bang zoom aka ralph cramden)

[13:35] {patience} that'a boy

[13:35] {magoo} im thinking points on gs

[13:35] {magoo} 73 .12 first exit

[13:36] {Threei}  my rally... a bit late but it's coming

[13:36] {larisa} sigh

[13:36] {patience} someone pinch slw in the butt...it knows it wants to leap up over .50

[13:36] {magoo} ruimm vad..see my 50 call

[13:37] {dino} sm l ipar .77

[13:38] {Threei}  to comment further on umbrella applied to PALM - my average cost dropped to under 7 after this scalp

[13:39] {nemo} a light breeze must cause that arm to flop around

[13:41] {dino} magoo whimping out, paperwork filed for happy hour and he's not committing

[13:41] {magoo} vad how i paste here ?

[13:41] {Threei}  copy from somerhere... click in the posting line and paste...

[13:41] {nemo} ctrl-c  ctrl-v

[13:41] {Threei}  yeah

[13:41] {Threei}  or rightclick and Paste from drop down menu

[13:42] {Threei}  next leg up in the making

[13:42] {nemo} is RIMM setting up ANOTHER C&H?

[13:42] {magoo} no i mean like in old room...i highlite my pic but no paste

[13:42] {nemo} nope

[13:42] {nemo} blew right through

[13:43] {dino} you still in other room?

[13:43] {magoo} a point on GS

[13:43] {dino} nice

[13:43] {magoo} and i gavre u real time entry

[13:48] {nemo} PALM!

[13:48] {nemo} Vad might see 8 today

[13:48] {Threei}  I am not watching

[13:48] {Threei}  not watching

[13:48] {Threei}  not watching

[13:48] {nemo} are you fibbing?

[13:49] {Threei}  I am whistling

[13:49] {larisa} also, next time you say {r} word, i will slap you gently, you are jinxing it all day :)

[13:49] {nemo} How do ya' do that with a mouthful of vodka?

[13:49] {Threei}  can I say 'ally?

[13:49] {larisa} yes

[13:50] {_cujo} l gs .36

[13:50] {nemo} could say anti-rout

[13:50] {Threei}  .50 break on PALM was another scalp setup which I missed

[13:51] {Threei}  rofl, and while typed that, missed entry under .50 on pullback

[13:51] {Threei}  dufus

[13:51] {nemo} that's what you get for not looking

[13:52] {Peterg} not, doofus?

[13:52] {Peterg} oops sorry slipped

[13:53] {nemo} phonetic spelling

[13:53] {Peterg} korekt

[13:53] {Threei}  you mean fonetik?

[13:53] {nemo} probably shoul have had an umlaut

[13:53] {nemo} shoor

[13:54] {Peterg} palm

[13:54] {dino} out itri .28, +.78

[13:54] {Threei}  puling back with market

[13:54] {KSystems} lexonet?

[13:55] {hawkfan4} nice dino

[13:56] {dino} ty

[13:57] {Threei}  good boy PALM

[13:57] {Threei}  .50 - .63 scalp

[13:57] {Threei}  cost basis continues dropping

[13:58] {_cujo} out GS + .10

[13:58] {_cujo} nothing exciting

[13:59] {Peterg} I always takes the dime--good work cujo

[13:59] {dino} celg sm l .40

[14:00] {magoo} well..it gace a buck

[14:00] {magoo} gave

[14:02] {fernp} have a nice weekend everybody

[14:03] {hawkfan4} u2

[14:03] {magoo} u2 bro

[14:03] {Threei}  take care fern, have a great long weekend

[14:03] {Threei}  see you on Tuesday

[14:03] {dino} cya fern

[14:06] {Threei}  ok PALM... it's time

[14:06] {Threei}  see market 'allying?

[14:06] {magoo} vad..repost my GS call please..i cant

[14:06] {magoo} i said points

[14:07] {Threei}  13:35] {magoo} im thinking points on gs

[14:07] {magoo} see i cant do that

[14:07] {Threei}  [13:31] {magoo} now long 100 sh gs at 72

[14:08] {magoo} ok out here

[14:08] {magoo} + 1.55

[14:08] {magoo} looking to reload

[14:09] {nemo} Rimm getting that look

[14:18] {dino} partial out axys .47, +.40

[14:18] {larisa} nice dino

[14:19] {dino} ty

[14:19] {dino} watching itri again

[14:21] {dino} ipar stop to .99

[14:27] {nemo} anybody there?

[14:28] {patience} i am

[14:28] {nemo} thought I was disconnected, thanks

[14:29] {dino} i'm not

[14:31] {Threei}  ok PALM, time to take that .75

[14:35] {dino} out ipar .97, +.20

[14:46] {Threei}  not watching PALM

[14:46] {larisa} sell it!

[14:47] {nemo} He sounds like Gollum, "Not listening!"

[14:49] {dino} lol

[14:49] {dino} my precious

[14:49] {magoo} into bell..up or down vad?

[14:50] {dino} up

[14:50] {nemo} Shhhhhh...he's not watching PALM

[14:50] {magoo} ARE U CRAZY?

[14:51] {nemo} yeah...

[14:52] {Threei}  mags... I've been harping on 'rally whole day...

[14:52] {Threei}  still do :)

[14:52] {dino} gandolf take a chill

[14:52] {nemo} sorry:(

[14:52] {dino} :)

[14:52] {magoo} ok vad..but i did noyt realize u meant from 3:40 till 3:47 

06[14:52] * larisa slaps Threei around a bit with a large trout

[14:53] {Threei}  neither did I mags

[14:53] {Threei}  no chance larisa

[14:53] {Threei}  7.95 or bust

[14:53] {dino} celg stop to .80

[14:54] {nemo} Here comes Secretariat (PALM) around the 3rd turn...

[14:54] {patience} oh a horsey person  :)))))

[14:54] {dino} stoppeed celg .80, +.40

[14:54] {nemo} yeah, my ex has 3 Belgian Draught

[14:54] {patience} gorgeous, lots of money to keep them happy

[14:55] {dino} axys stop to .66

[14:55] {nemo} yeah, sweet though, 

[14:55] {dino} 3 drafts beers huh?

[14:55] {nemo} yeah, beers...ugh.

[14:55] {dino} stopped out remaining axys .66, +.59

[14:56] {dino} lol

[14:56] {dino} anybody trading besides me?

[14:57] {patience} moi

[14:57] {nemo} in TNA

[14:57] {Threei}  2 cents left PALM

[14:57] {dino} [13:58] {_cujo} nothing exciting

[14:58] {dino} hmmm

[14:58] {patience} in kinross, silver wheaton, goldcorp....good day

[14:58] {KSystems} WTG :)

[14:58] {Threei}  our 2500

[14:58] {Threei}  500 left

[14:58] {patience} should have played agrium

[14:58] {larisa} good job PALM

[14:58] {magoo} in gs long

[14:58] {hawkfan4} impressive trade vad, great call

[14:58] {Threei}  ty

[14:59] {Threei}  I have my moments :)

[14:59] {nemo} yeah, regularly

[14:59] {Threei}  out in full

[14:59] {Threei}  8.10

[14:59] {Threei}  whew

[14:59] {_cujo} great trade

[14:59] {hawkfan4} me too, full point on the second half, nice

[14:59] {Threei}  umbrella.. haven't done that in quite a while

[15:00] {magoo} and u WOULD not let magoo chase .41

[15:00] {magoo} u bastard

[15:00] {Threei}  I knew it was your kind of trade hawk!

[15:00] {hawkfan4} :) sure was

[15:00] {Threei}  it returnd to under .30 after that mags

[15:00] {Threei}  and I posted entry

[15:00] {magoo} nice call boss

[15:01] {magoo} im busy nursing GS for mehga pts

[15:02] {i2romantis} wow, vad, you are right, it had no real barriers to go up to 9, not a bad performance so far on PALM

[15:02] {i2romantis} were*

[15:02] {Threei}  the lot I took on it illutrstaes the degree of confidence...

[15:03] {wishbone} r u out palm vad?

[15:04] {Threei}  yes

[15:04] {wishbone} nice trade

[15:15] {dino} amed sm l .00

[15:17] {_cujo} RIMM at day highs

[15:18] {dino} gmcr

[15:21] {dptl} have a good weekend all

[15:21] {Threei}  take care dp

[15:22] {wishbone} bye dp

[15:22] {patience} you too dp

[15:22] {nemo} P&Q

[15:27] {dino} dpppppppppppppppppp, enjoy

[15:27] {dino} getting thirsty magoo

[15:31] {Threei}  PAL continues against the market

[15:31] {Threei}  probably last spike in cards

[15:31] {nemo} PAL or PALM?

[15:31] {Threei}  PALM

[15:31] {Threei}  PAL is useless piece of crap with no volume

[15:32] {wishbone} lol

[15:32] {nemo} PAL must be canadian spelling

[15:32] {wishbone} vad do u go to costco?

[15:33] {Threei}  yes

[15:33] {Threei}  why?

[15:33] {wishbone} there is an earth atlas for sale there. have u seen it?

[15:33] {nemo} where's he goin' with this..?

[15:34] {Threei}  no... but I will be there today

[15:34] {Threei}  will take a look

[15:34] {dino} got me?

[15:34] {wishbone} either way it's hude like 18"x24" awesome photos

[15:34] {wishbone} thought u might appreciate

[15:34] {dino} must have photos of me then

[15:34] {Threei}  ty, will look

[15:34] {wishbone} hude=huge

[15:34] {larisa} couple more PALM trades and vad will need it to find a place to retire :)

[15:35] {wishbone} lol dino

[15:35] {_cujo} Bora Bora is nice ;)

[15:35] {nemo} no broadband

[15:35] {_cujo} ha ha ha

[15:35] {_cujo} he said retire no relocate :)

[15:35] {dino} :)

[15:36] {nemo} short palm :)

[15:36] {Threei}  fnny as it is, all my 'ally calls eventually came to us coming right back where we staretd the day, lol

[15:37] {nemo} Yeah, look at the charts for SLW RIMM  

[15:37] {nemo} big circle

[15:41] {nemo} I was half joking..shoulda' shorted PALM

[15:43] {Threei}  you have it available for short?

[15:43] {Threei}  not available here

[15:43] {dino} magoo loaned me his

[15:44] {nemo} Have no idea, I was just looking at it and it says to me, "I'm going down"  actually, none available on Fidelity either

[15:45] {nemo} Oh Oh!! I think stocks are talkin' to me.  Oy weh!

[15:45] {dino} that's known as "gut"

[15:45] {Threei}  that's disturbing

[15:46] {nemo} I heard the voices, just like the ones that tell me, "Stay home from work today and clean your guns."

[15:46] {nemo} Actually saw that on a bumper sticker

[15:46] {dino} i see dead people

[15:47] {Threei}  I see dead pixels

[15:47] {nemo} Must be late Friday afternoon

[15:47] {larisa} you can afford new monitor now  :)

[15:47] {nemo} Ooohh good one

[15:47] {Threei}  why... I enjoy seeing them

[15:47] {larisa} lol

[15:47] {Threei}  they are of primary colors

[15:47] {Threei}  very bright

[15:48] {nemo} you still play with crayons, don't you?

[15:48] {Threei}  yes but it's hard... I can't keep within lines :(

[15:48] {nemo} Wait a minute, you're an engineer

[15:49] {nemo} maybe it's vodka withdrawals

[15:49] {nemo} hands shake, brow sweats, you see dead people

[15:49] {Threei}  and general lack od discipline

[15:49] {nemo} I'd settle for 20% of your discipline

[15:50] {dino} out amed .40, +.40

[15:50] {Threei}  good one

[15:51] {dino} ty

[15:51] {magoo} quit trading anf bring magew a brew DINOOOOOOOOOOOOOOOOOOO

[15:52] {Threei}  can we be that lucky and get PALM drrop to 7.50?

[15:52] {Threei}  I'd take it overnight

[15:52] {dino} on it magoo

[15:53] {nemo} through the weekend?

[15:53] {Threei}  opnly on deep pullback

[15:53] {dino} 3 day weekend for markets

[15:53] {Threei}  and just 1 one lot

[15:54] {nemo} oh...10,000 shares

[15:54] {dino} god help ya

[15:54] {nemo} wrong direction

[15:55] {patience} have a good weekend guys, was a rather good day

[15:56] {dino} you too patience. good day for me too

[15:56] {hawkfan4} i second that emotion, enjoy the weekend all

[15:56] {Threei}  OK guys

[15:56] {Threei}  thank you all

[15:56] {nemo} P&Q

[15:56] {lisa_jay} Thanks Vad.

[15:56] {Threei}  we finish the week well

[15:56] {Threei}  and it was not the easiest week by any means

[15:56] {_cujo} thanks Vad

[15:56] {Threei}  have a great relaxing long weekend

[15:56] {nemo} Nice weekend all

[15:56] {Threei}  see you on Tusday!

[15:57] {KSystems} bye :)

[15:57] {magoo} TY vad

[15:57] {dino} how do i save this set up, or must i reconfigure every time

[15:57] {hawkfan4} thanks vad

[15:59] {Threei}  ask KS dino

[15:59] {Threei}  no need to reconfigure

[15:59] {Threei}  it's saved

[16:00] {Threei}  I just don't know how you did it

[16:00] {Threei}  if you do according to pdf file, it's saved

[16:02] {larisa} see you all tuesday :)