Feb 05 2009

Beautiful day, strong and fun. Plays are working like charm, and after a long scalping period we are finally hitting  better runs, like on JNPR today. 

        

Session Time: Thu Feb 05 00:00:00 2009

[07:40] {Threei}  Good morning insomniacs

[07:41] {Threei}  and Europians :)

[07:41] {nemo} It's almost 8:00 here.  Then again, I've been up since 5

[07:41] {nemo} GM

[07:41] {Threei}  nemo :)

[07:42] {nemo} enjoy LOST last night?

[07:42] {hawkfan4} good morning

[07:42] {Threei}  hawk :)

[07:42] {Threei}  sure did

[07:42] {nemo} That show has never grabbed me

[07:42] {nemo} Having said that, the brunette is gorgeous

[07:43] {Threei}  if I didn't know you at all, I'd reacted by crude "watch your Desperate Housewives then"... {G}

[07:43] {nemo} Don't watch that either

[07:43] {Threei}  lol, didn't think so

[07:44] {Threei}  just me being generally crude

[07:44] {nemo} I watch movies, documentaries

[07:44] {nemo} preachin' to the choir dude

[07:44] {Threei}  that brunette is an interesting story btw

[07:44] {nemo} Story-line or her real-life?

[07:44] {Threei}  Canadian, tried to make her way in acting

[07:45] {Threei}  while on vacation in, I think, Kelowna

[07:45] {Threei}  spectacular but very small place, very unlikely a place for the first step into big league

[07:46] {Threei}  got noticed practically accidentally on the stgreet by a crew member looking for actors for the LOst

[07:46] {Threei}  (EU) ECB LEAVES INTEREST RATES UNCHANGED AT 2.0%; AS EXPECTED

[07:46] {Threei}  ***Reminder: ECB Press Conference to begin after 8:30am ET

[07:47] {nemo} Classic Hollywood "seen in the drugstore" kinda' story.  Life is a bitch.

[07:47] {Threei}  pretty much

[07:49] {Threei}  all the while no one from Hollywood breaks down my door wanting to make a movie about soviet businessman fighting mafia, escpaing to the West and learning trading for a living... shrug

[07:49] {Threei}  life IS a bitch :)

[07:49] {hawkfan4} :)

[07:49] {hawkfan4} u fought the mafia?

[07:50] {Threei}  well, not "fought" in a sense of shootouts etc

[07:50] {Threei}  but got a lot of colourful stories

[07:51] {hawkfan4} i bet, u should write a book...:)

[07:51] {Threei}  my whole immigration was triggered by the events with those guys

[07:51] {nemo} Yeah...that fellow in the book your getting, they wanted to make a movie about his life...talked him out of it.

[07:52] {Threei}  TTR in its original form should have been starting with couple charters about that

[07:52] {Threei}  publisher said, too removed from trading

[07:52] {Threei}  which actually was right

[07:53] {Threei}  I still have those couple chapters, just very poorly written

[07:53] {Threei}  not by me, however ironic it is

[07:53] {Threei}  gotta correct them a bit and make available :)

[07:53] {nemo} What...not written by you?

[07:53] {hawkfan4} u should

[07:54] {Threei}  funny as it sounds nemo, those I wrote is bettter writing that what native english-speaking did, lol

[07:55] {nemo} I believe you.  Funny, my grandfather originally left Italy because he kept getting drafted to fight in wars...ended up in NY running some restaraunts...and then left NY because the mafia wanted to much of his earnings...sounds familiar...Met an Italian guy in Germany, left Italy because of the mafia for the same reason.

[07:56] {Threei}  lol

[07:56] {Threei}  tentacles everywhere

[07:56] {Threei}  ok, here it is, but be warned - even I cringe of the quality of this writing

[07:56] {Threei}  http://www.realitytrader.com/chapter1.html

[07:57] {hawkfan4} cool, thx vad

[07:58] {Threei}  )

[07:58] {nemo} huh...not bad Vad

[07:58] {Threei}  you already read it??

[07:59] {Threei}  that's serious speed-reading, lol

[07:59] {nemo} first few paragraphs.  English is remarkably good.  I do read very fast

[07:59] {Threei}  yeah, those I corrected a little

[07:59] {Threei}  it gets worse further

[08:00] {nemo} Yeah, but...considering it's a second language, it's very good.  My written German was ghastly.

[08:00] {nemo} No wonder the mafia liked you...you made concrete!

[08:01] {Threei}  lol

[08:03] {fernp} good morning

[08:05] {Threei}  fern :)_

[08:07] {magoo} morning

[08:07] {Threei}  magoo :)

[08:11] {nemo} gm magus

[08:14] {Threei}  PREVIEW: US INITIAL JOBLESS CLAIMS DATA DUE OUT AT 8:30 AM ET

[08:14] {Threei}  - Expectations for initial claims are 580K v prior release of 588K (range seen from 480K to 620K)

[08:14] {Threei}  - Continuing claims seen at 4.795M v prior 4.776M. (range seen from 4.695M to 4.860M)

[08:20] {Threei}  BALTIC DRY BULK INDEX +14%

[08:20] {Threei}  eeck'

[08:20] {nemo} yeah saw that last night

[08:21] {nemo} supposedly on China trade.  

[08:24] {cujo} good morning

[08:24] {Threei}  cujo :)

[08:25] {larisa} good morning :)

[08:25] {Threei}  larisa :)

[08:26] {nemo} larisa :)

[08:26] {cujo} morning larisa

[08:26] {nemo} dog :)

[08:26] {larisa} gm guys :)

[08:28] {Threei}  larisa... I did serious sould searching about yesterday's life-changing lessons from dino and you

[08:28] {Threei}  can do nothing about dino's since balding process is out of hand

[08:28] {Threei}  but with yours, I came to resolution

[08:28] {larisa} can NOT you mean :)

[08:29] {Threei}  can do nothing = can not

[08:29] {larisa} I need coffee

[08:29] {Threei}  let me post jobless numbers, then tell you about my resoltion

[08:30] {Threei}  NITIAL JOBLESS CLAIMS: 626K V 580KE;

[08:30] {Threei}  CONTINUING CLAIMS: 4.788M V 4.795ME

[08:30] {nemo} that'll hurt

[08:30] {Threei}  sigh

[08:30] {Threei}  OK

[08:31] {Threei}  I was always reporting my achievement and praising myself rather quickly,

[08:31] {Threei}  but you say others can praise me

[08:31] {Threei}  which makes me think now:

[08:32] {Threei}  if someone may be faster than me and praise me first, the only way I can prevent it is to praise myself BEFORE reporting the achievement

[08:32] {Threei}  so, thank you for the valuable lesson, and that's how I'll rectify the situation

06[08:32] * KSystems is listening to Mike & the Mechanics - Another cup of coffee for larisa

[08:32] {nemo} How?  Continue to praise yourself?

[08:33] {Threei}  changing the order

[08:33] {nemo} You mean, you'll wait for Mags to call you a "beauty"

[08:33] {Threei}  self-back-patting first... explanation why second

[08:33] {cujo} This sounds like the beginning to a new book, "Zen and the art of day trading"?

[08:33] {nemo} already written

[08:33] {cujo} really?

[08:33] {cujo} hmmmm

[08:33] {nemo} Tao of trading

[08:33] {cujo} ah

[08:33] {Threei}  well... ZEN in the Markets :)

[08:33] {nemo} somethin' like that

[08:34] {nemo} did you read Pirsig's sequel?

[08:34] {cujo} i knew a guy named Tao once.  He was an arse.

[08:34] {nemo} careful dog...

[08:34] {cujo} :)

[08:34] {Threei}  I liked Zen in the markets more than I did Tao of Trading

[08:35] {nemo} Yeah...Tao is thrown around too much and nobody really understands it

[08:37] {cujo} hmm, one was written by a guy names toppel, the other by a guy named koppel...

[08:37] {cujo} that is really strange

[08:40] {larisa} vad, this approach  will guide you into abyss, soon you will even stop explaining. I know, i am there :) 

[08:40] {larisa} morning KS :)

[08:40] {Threei}  all the better larisa... less typing for me :)

[08:41] {Onix} Good morning

[08:41] {Threei}  and, since you are already in that abyss... there is enough of beer supply?

[08:41] {Threei}  onix :)

[08:41] {cujo} guten morgen KS

[08:41] {larisa} gm Onix

[08:41] {nemo} Wie geht's Jung?

[08:42] {larisa} abyss of milkshakes here

[08:42] {Threei}  hmmm

[08:42] {Threei}  bacon?

[08:42] {nemo} Ever had a frappe, Larisa?

[08:44] {larisa}  sure, actually this is what i call milkshake. i love icecream :)

[08:44] {KSystems} moin cujo, nemo ;)

[08:44] {nemo} Volksprache K?

[08:45] {KSystems} jo

[08:45] {nemo} na ja nur Boiyrisch hier

[08:45] {KSystems} eigentlich slang in norddeutschland, aber im chat wirds in ganz deutschland benutzt weils so schn kurz ist ;)

[08:46] {KSystems} omg...dont scare me away with bavarian :)

[08:47] {nemo} ich komm mit

[08:47] {Threei}  Boiyrisch hier {--- very duboius for russian ear...

[08:47] {nemo} Why dubious?

[08:48] {Threei}  sounds solidly out of what you'd say with Queen or kids around

[08:49] {nemo} just the name of the Bavarian dialect

[08:50] {nemo} Spoken around Munich up to Frankfurt and east into Austria

[08:51] {nemo} Hey K, ever have Andechser Bier?  Ganz Toll!

[08:51] {KSystems} its not merely a dialect, its  a redefinition of insanity

[08:51] {KSystems} andechser? no not yet

[08:51] {nemo} Lech mich

[08:51] {KSystems} I used to brew my own though

[08:51] {KSystems} lol

[08:51] {cujo} brewing beer?  sounds fun.  Expensive to do?

[08:51] {nemo} funny that's what every region says about the other's dialect

[08:51] {nemo} Love the Schwarzwalder accent

[08:52] {KSystems} depending on the equipment cujo...in small amounts you pay about twice what you'd pay for mid-priced beer from the shop

[08:52] {KSystems} plus the time

[08:52] {nemo} Yeah, and with just a little competence, you can make great home made beer.  Fresh just can't be beat.

[08:53] {KSystems} AND you can set the amount of alcohol individually for every single bottle

[08:53] {KSystems} very cool when you want to compete with friends........

[08:53] {KSystems} you just have to remember where you put what bottle

[08:53] {nemo} Yeah..I favor stark bier :)  Stark Bier Fest in Munich...very painful

[08:54] {cujo} Cool.

[08:54] {KSystems} in my experiments i once threw Port Wine yeast into the brew....that shot it up to 18% alc but tasted rather.....

[08:54] {KSystems} individual

[08:55] {nemo} Better after 7 or 8 shots of vodka, sounds like

[08:55] {KSystems} absolutely

[08:56] {nemo} After having both moonshine and that Polish potato juice-Spiritus  everything else tastes like manna

[08:57] {Threei}  DRYS resurrects again

[08:57] {nemo} 15% increase in the Baltic Index will do that to you

[09:01] {dino} gm all

[09:01] {KSystems} Vad, do you know what gold future is most actively traded?

[09:01] {KSystems} morning dino

[09:01] {KSystems} or anyone else?

[09:01] {dino} :)

[09:01] {nemo} gld

[09:02] {KSystems} thats hong kong nemo, u shure?

[09:02] {KSystems} I'm looking at ZG April, but that has just about 2K trades for yesterday

[09:02] {dino} out wmt leftovers .45, +.55

[09:02] {nemo} GLD is an etf that's trae 1.1 mil this morning

[09:02] {nemo} traded

[09:03] {cujo} last 3 times USO has hit 28, has bounced right off.

[09:05] {dino} dltr, cnqr

[09:05] {Threei}  dino :)

[09:05] {Threei}  sorry KS, I don't

[09:05] {tomg} KS, ZG is 100 oz. gold futures, most traded

[09:06] {tomg} good morning all :)

[09:06] {Threei}  tom :)

[09:06] {Threei}  today should be interesting and indicative... if NASDAQ can recover and go green after dismall CSCO conf call, that should clear path for the 'ally

[09:07] {KSystems} thanks tom..GC is pit, ZG elec?

[09:07] {nemo} spoiling it already vad...

[09:07] {Threei}  job numbers didn't cause more drop either

[09:08] {tomg} ZG globex, GC Comex Gold

[09:08] {dino} what am i missing on dltr?

[09:09] {KSystems} any important difference between the two?

[09:09] {tomg} only traded ZG, so don't know, but you should probably look at March

[09:09] {KSystems} cool, thank you

[09:09] {Threei}  guided higher dino... SSS is positive too...

[09:09] {tomg} welcome

[09:10] {Threei}  is there conference call they hold?

[09:10] {dino} -3.00 and guide higher?

[09:10] {Threei}  yeah

[09:10] {dino} alrighty then

[09:10] {Threei}  02/05/09 08:41am

[09:10] {Threei}  [DLTR] Dollar Tree Stores Inc Reports Q4 Revenues $1.39B v $1.42Be, SSS +2.2%

[09:10] {Threei}  - Guides Q4 EPS "above" $1.07-1.15 v $1.14e

[09:10] {Threei}  - Gudies FY08 EPS "above" $2.45-2.53 v 2.52e

[09:12] {Threei}  I assume they closed some stores?

[09:12] {dino} thx, i'll be watching it

[09:12] {Threei}  otyherwise how could revenues be down while SSS is up

[09:13] {Threei}  actually, range of guidance is questionable... headline is a little misleading

[09:15] {dino} don't waste time on it 3i, the tape will tell me

[09:15] {dino} ty tho

[09:15] {nemo} whoa...man bites dog

[09:16] {cosmo} dog musta deverved it

[09:16] {cosmo} deserved

[09:16] {nemo} yeah, but it's his ball, bat and field

[09:16] {cosmo} the dog's?

[09:17] {nemo} Vad's

[09:17] {Threei}  drinking early I see?

[09:17] {nemo} who?

[09:18] {nemo} actually it could be considered late if you never stopped :)

[09:26] {Threei}  keeping half eye on OCNF

[09:26] {nemo} you got three, don't be stingy

[09:26] {hawkfan4} that only leaves you with 2 1/2

[09:27] {Threei}  one of more volatile shippers

[09:27] {Threei}  nice bids, not sure how real they are

[09:28] {Threei}  (EU) TRICHET NOW SAYS HE GAVE NO INDICATION ON SIZE OF POSSIBLE RATE CUT IN MARCH

[09:28] {Threei}  - Earlier Trichet appeared to indicate a 50bps cut to the refi rate was likely

[09:30] {Threei}  wow

[09:30] {Threei}  what's with offers on PALM

[09:31] {nemo} swing trader's regret

[09:31] {Threei}  if they get cleared, I buy it all

[09:32] {nemo} sellers ain't bitin'

[09:33] {Threei}  CSCO actually not bad recovery

[09:34] {Threei}  watching pullback

[09:35] {Threei}  two possible entries, .40 zone or .50

[09:35] {nemo} csco

[09:36] {magoo} look RIMM vasd

[09:36] {Threei}  .40 would be double bottom, .50 higher low... hard to tell which one materializes

[09:36] {Threei}  RIMM is bounce-ready

[09:36] {Threei}  55 break

[09:37] {magoo} in 98

[09:40] {patience} gm RT  :)

[09:40] {Threei}  patience :)

[09:41] {Threei}  PALM ate through .90

[09:41] {Threei}  I am impressed

[09:41] {pita} gm all

[09:41] {Threei}  pita :)

[09:42] {Threei}  RIMM half out or scalp above .20

[09:43] {Threei}  stop to .95

[09:43] {dino} dltr gap fill from nov.?

[09:44] {Threei}  scary thing

[09:44] {_wulff} +.32 ty

[09:44] {dino} gj

[09:44] {cujo} nice trade

[09:44] {dino} waiting sm .76

[09:44] {Threei}  wulff :)

[09:45] {Threei}  out in full RIMM .39

[09:45] {magoo} me too boss TY

[09:45] {hawkfan4} nice one, thx

[09:45] {Threei}  welcome guys

[09:45] {Threei}  keeping an eye on AKAM

[09:46] {Threei}  want pullback

[09:46] {Threei}  lol... remember my musings about .50 or .40 on CSCO? it elected .45

[09:47] {Threei}  AKAM, if we get so lucky to see pullback to under 16

[09:48] {dino} sm, risky, l dltr .60

[09:48] {Threei}  half lot entry

[09:48] {cujo} rimm coming back a little as well

[09:49] {Threei}  in

[09:49] {Threei}  stop under .80

[09:50] {Threei}  half out 16..12

[09:50] {Threei}  scalpers take profit

[09:50] {_wulff} +.20

[09:50] {Threei}  stop to under .90

[09:50] {cujo} out +.20

[09:51] {tomg} ty vad

[09:51] {cujo} 2 great calls Vad

[09:51] {Threei}  good reflexes guys

[09:51] {_vinthombre} out +.20

[09:51] {nemo} 3

[09:51] {_wulff} nice call

[09:51] {buyemsellem} very nice call

[09:51] {Threei}  market sharp drop

[09:52] {Threei}  AKAM is holding so far

[09:52] {dino} out dltr .00, +.409

[09:52] {dino} .40

[09:52] {Threei}  if can keep this level and clear high of the bounce, my second half will be justified

[09:52] {Threei}  if not, scalpers win

[09:53] {Threei}  nice one dino

[09:53] {Threei}  gutsy too

[09:53] {dino} lucky

[09:53] {nemo} dino, think dltr about to make another leg up

[09:53] {Threei}  and probably took 8-ball from your daughter back

[09:54] {cosmo} JNPR tests 14.90

[09:54] {cosmo} hod

[09:54] {dino} feels it, but mkt not helping

[09:55] {Threei}  scalpers win on AKAM

[09:55] {Threei}  JNPR... daily looks explosive

[09:56] {Threei}  14.95 high yesterday

[09:56] {Threei}  knocking on cosmo's 14.90

[09:56] {Threei}  if clears this 14.90 - 15 area, and market helps... looks like serious mover in the making

[09:57] {_wulff} anything look good for Daytrade? Sm l

[09:57] {Threei}  wulff... trust me, when I see them I call them, not hiding :)

[09:57] {magoo} mkts down 100

[09:57] {dino} dltr waiting 34.75

[09:57] {Threei}  look at BAC mags

[09:57] {dino} t waiting 24.20

[09:58] {dino} vz 29.70

[09:58] {Threei}  financials getting killed again

[09:58] {magoo} wow

[09:58] {Threei}  and drag listeds with them

[09:58] {magoo} faz vad

[09:58] {magoo} 10 points higher than yesterday

[09:58] {Threei}  NASDAQ's relative strength is different sectors representation

[09:58] {dino} ge new low 10s

[09:59] {Threei}  that's BAC;s effect...

[09:59] {dino} c and bac 3s

[09:59] {Threei}  and GE of course

[09:59] {Threei}  JNPR

[09:59] {Threei}  .95 break is long by charts

[09:59] {Threei}  hopefully market recovers to help the play

[10:00] {Threei}  .80 is closest support

[10:00] {Threei}  DEC FACTORY ORDERS: -3.9% V -3.1%E

[10:00] {Threei}  - prior revised from -4.6% to -6.5%

[10:00] {dino} lower all bids

[10:00] {dino} check that t and vz remain

[10:01] {dino} gun to the head on dltr

[10:02] {nemo} if market turns dino

[10:02] {hawkfan4} GS strong if market turns

[10:02] {nemo} oops someboy screwed up on FAS

[10:02] {dino} understood nemo

[10:03] {dino} thats the bet

[10:03] {dino} sitting .35

[10:03] {dino} missed by 1 cent

[10:04] {cosmo} jnpr ready  ... i think

[10:05] {dino} sm risky l dltr .40

[10:06] {nemo} there ya' go dino

[10:07] {nemo} bummer...shoulda' shut up

[10:07] {dino} benatar on "hell is for (traders)

[10:07] {dino} out dltr .80, +.40

[10:07] {nemo} cool

[10:08] {dino} lucky

[10:09] {nemo} dcc dino

[10:09] {magoo} don't do it dino lol

[10:09] {nemo} magus man...be nice

[10:09] {Threei}  poor DRYS

[10:09] {magoo} against my nature

[10:09] {Threei}  and that's with BDI up 14%

[10:10] {magoo} w/baltic up 14 straight..wheres drys go when it pullsbk

[10:10] {magoo} soorry vad..we keep thinking alike

[10:10] {dino} to zero

[10:11] {magoo} can stocks go to like negative 3.05 }??

[10:12] {Threei}  AMZN pullback

[10:12] {Threei}  JNPR 1:1, half out

[10:12] {Threei}  or scalp

[10:13] {Threei}  ugh

[10:13] {dino} cat holding up

[10:13] {Threei}  missed AMZN .50... looked like had another 15-20 cents drop in it

[10:14] {magoo} l rimm .50

[10:14] {Threei}  market spiked suddenly

[10:14] {Threei}  WHITE HOUSE OFFICIAL: PRESIDENT OBAMA TO REQUIRE NEW ENERGY EFFICIENCY STANDARDS AMONG VARIETY OF APPLIANCES

[10:14] {dino} t sm l .49, stop .13

[10:14] {dino} oh gee wiz

[10:14] {Threei}  US SENATOR DODD: TARP DIRECTION REQUIRES A 'SHARP CHANGE'

[10:15] {dino} afam amed green

[10:15] {dino} wynn bottomed(?)

[10:15] {Threei}  JNPR approaches 1:2

[10:15] {dino} dodd; more like sharp knife

[10:15] {Threei}  lol

[10:15] {Threei}  so, do we get solar-powered toaster?

[10:16] {Threei}  1:2 JNPR, 1/4 more out

[10:17] {dino} yes, sort of like "sun" tea

[10:17] {magoo} with mkt help..thinkin RIMM 56 area

[10:18] {Threei}  stop to under 15.10 on JNPR

[10:18] {magoo} AAPL the stronger today..opposite yester

[10:18] {Threei}  offering last portion .35

[10:18] {Threei}  direct hit

[10:18] {Threei}  +.40

[10:19] {cujo} nice

[10:19] {magoo} .24 stiop rimm

[10:19] {Threei}  for once, scalpers don't win

[10:20] {Threei}  that's 3:3... can I go home?

[10:20] {hawkfan4} awesome call vad

[10:20] {Threei}  cosmo's find...

[10:20] {nemo} NO

[10:20] {hawkfan4} thx cos, sweet

[10:20] {cosmo} :)

[10:21] {cosmo} not done...

[10:21] {Threei}  NQ flat

[10:21] {Threei}  green

[10:21] {Threei}  if that's not impressive

[10:22] {cosmo} done

[10:23] {elepet} good morning

[10:23] {Threei}  elepet :)

06[10:24] * magoo slaps elepet around a bit with a large alarm clock so u make the easy money with us

[10:24] {Threei}  lol

[10:24] {elepet} I actually slept late this morning. first time

[10:25] {Threei}  missed three wins as result...

[10:25] {magoo} rimm tagged .64 twice...over 1:1 but weak

[10:25] {Threei}  I am not helping, am I

[10:25] {Threei}  RIMM, if market spikes again

[10:26] {Threei}  .45 long if stays above .30

[10:26] {Threei}  market looks spike-ready

[10:27] {Threei}  that was very short-lived spike, lol

[10:27] {Threei}  no worky RIMM

[10:28] {Threei}  JNPR sizeable pullback

[10:28] {nemo} jnpr

[10:31] {magoo} mkts down 106

[10:34] {Threei}  PALM baby

[10:34] {Threei}  held beautifully during down market

[10:34] {Threei}  gnawed through all those offers

[10:35] {Threei}  doesn't look scared by this big one at 8.10

[10:35] {Threei}  I am proud of its bravery

[10:35] {hawkfan4} me too :)

[10:35] {Threei}  now... go to 9 and make me happy

06[10:36] * Threei reinforces his priase with swift kick in PALM's rear

[10:36] {cujo} if it gets through the .10 do you think it is a long set up?

[10:36] {hawkfan4} grabbed another .13 on jnpr pullback, thx

[10:36] {Threei}  :)

[10:36] {dino} 3i getting attached to palm

[10:37] {cujo} ha ha.  no pun intended...?

[10:37] {nemo} yeah

[10:37] {Threei}  see... kind word and a gun is better than kind word alone

[10:37] {Threei}  cujo... not on intraday

[10:37] {nemo} the Corleone approach

[10:37] {Threei}  and on daily, actual setup is 8.30 8.40 breakout

[10:37] {cujo} got it. 

[10:37] {Threei}  which I was not too delighted about

[10:37] {hawkfan4} GS lloks explosive off 90, super risky animal

[10:38] {Threei}  too far from where we had it yesterday, while its behavior started confirming high odds of breakout coming

[10:38] {Threei}  so I wanted aggressive entry

[10:39] {Threei}  odds are less but stop is smaller and potential is bigger

[10:39] {Threei}  understanding this tradeoff gives you key to the trade

[10:40] {Threei}  http://www.realitytrader.com/blog/2007/07/how-aggressive-are-you.html

[10:42] {magoo} u in hawk?

[10:42] {hawkfan4} yep, 89.58 avg

[10:43] {Threei}  generous

[10:43] {magoo} yea..id rather nail a pullbk

[10:43] {Threei}  from 1999 or what?

[10:43] {hawkfan4} GS

[10:43] {cujo} grat call on that GS Hawk

[10:44] {hawkfan4} thx cujo :)

[10:44] {Threei}  larisa... may I finally say 'ally?

[10:44] {magoo} news bidu vad?weird down

[10:45] {Threei}  yesterday Piper Jaffray

[10:45] {Threei}  said expects lower earnings

[10:45] {Threei}  that's all I see

[10:46] {larisa} vad, i gave up, say whatever you want :)

[10:46] {Threei}  thank you

[10:46] {magoo} 38 down...professor of obvious

[10:46] {Threei}  RRRRRRRalllyyyy

[10:46] {Threei}  alright PALM

[10:46] {Threei}  now .40

[10:46] {elepet} PALM. I

[10:46] {Threei}  and off to races

[10:46] {magoo} am i chasing PALM

[10:47] {Threei}  sheesh

[10:47] {magoo} not if goes 9

[10:47] {elepet} 've been buying and selling a small profits. time to hold for awhile?

[10:47] {Threei}  it's 50 cents up from our entry

[10:47] {Threei}  some yes elepet

[10:47] {dino} gl elepet, holding has been the kiss of death for 6 months now

[10:47] {elepet} Palm? first part of above sentance. coffee time

[10:48] {Threei}  yes, talking about PALM

[10:49] {Threei}  hawk

[10:49] {magoo} well then..riddle me this joker,..wheres the reload PALM?

[10:49] {Threei}  maybe half out and add it back on pullback?

[10:49] {magoo} .09?

[10:49] {hawkfan4} 1/2 out +2.03, thx vad, good idea

[10:49] {Threei}  it usually gives harder pullbacks than that mags

[10:50] {Threei}  I'd say 8 or under

[10:50] {dino} gj hawk

[10:50] {hawkfan4} thx dino

[10:50] {Threei}  but be ready for a swing

[10:50] {magoo} u can tell its a RAAAAAAAALLLLLLLLLLYYYYYYYY...dino rocking office out LOUD

[10:50] {Threei}  lol

[10:53] {dino} dltr pullback

[10:57] {Threei}  all markets are green

[10:57] {dino} better than cnbc talk magoo

[10:57] {pita} KS, dcc please

[10:57] {Threei}  lordy, even FAS is green

[10:58] {Threei}  JNPR, I am crying

[10:58] {magoo} me too

[10:58] {Threei}  that's OK... can't switch from pure scalpig mode to longer holds in one day

[10:59] {Threei}  we will have much more of this

[10:59] {hawkfan4} GS 1/5 high of 92.87 resistance, out full +3.08 rest

[10:59] {dino} t stop to .99

[10:59] {Threei}  hawk stopped counting in cents

[10:59] {Threei}  between PALM and GS, dollars only

[10:59] {hawkfan4} that was awesome, added 1/2 lot back at 92 ;)

[11:00] {Threei}  modification of umbrella

[11:00] {hawkfan4} lol, yep

[11:01] {Threei}  when market switches to full blown bull mode, we will make more of umbrella trades

[11:02] {magoo} yeah..until this morn i couldn't get more than a dime

[11:02] {dino} itt sm l .00

[11:02] {magoo} then rinse-a-roo

[11:02] {Threei}  you just picked wrong corner mags

[11:03] {magoo} corner"

[11:03] {dino} bear markets we wait magoo

[11:04] {dino} beer markets, we party

[11:04] {Threei}  HEARING EQUITY MARKET STRENGTH BEING ATTRIBUTED TO RUMORS OF POSSIBLE EASING OR SUSPENSION OF MARK TO MARKET ACCOUNTING RULES

[11:04] {dino} shocking.

[11:04] {dino} i've been saying this since sept

[11:05] {dino} 80% of mortgages are not going to default, but mtom has it happening

[11:09] {dino} to to .09

[11:10] {dino} stopped t .09, +.60

[11:14] {nemo} my LII quotes are screwed

[11:14] {hawkfan4} esignal's lagging bad 

[11:14] {nemo} rimm

[11:15] {Threei}  click Quotes- switch quoteserver

[11:15] {nemo} fas

[11:15] {nemo} everything

[11:15] {nemo} ty

[11:15] {Threei}  pick other server, it will reload quotes

[11:18] {Threei}  oh boy

[11:18] {Threei}  TARP WATCHDOG PANEL CHAIRWOMAN REPORTEDLY SAYS THE US TREASURY OVERPAID BY $78B ON THE FIRST SET OF TARP TRANSACTIONS

[11:19] {Threei}  not only they have no idea where the money went, they don't even know how much they paid

[11:19] {nemo} Well..we knew that...GS gave Buffet a much better deal than the gov't...thanks Paulson

[11:19] {magoo} if u dont have anything nice to say about TARP/economy..just dont say anything

[11:19] {Threei}  lol

[11:28] {dino} tell the politicians magoo

[11:28] {dino} sm l dltr .25

[11:29] {magoo} not much of a pullback..hard to find entries

[11:34] {magoo} VAD...what u in?

[11:34] {Threei}  nothing

[11:35] {Threei}  IMMU

[11:35] {Threei}  RECEIVES FAST TRACK DESIGNATION FROM FDA FOR THERAPY OF PANCREATIC CANCER

[11:36] {Threei}  GERN... another wave of enthusiasm

[11:36] {Threei}  STEM CELL STOCKS MOVE HIGHER ONCE AGAIN, STRENGHT BEING ATTRIBUTED TO SPECULATION A BILL IS WORKING ITS WAY TOWARDS HOUSE THAT INCREASED FUNDING FOR RESEARCH

[11:41] {magoo} HAWK..wheres strong support on GS?

[11:42] {Threei}  Deepak Chopra gives advice on war on terror

[11:42] {dino} at 48 magoo, 52 week low

[11:42] {magoo} ok ty

[11:43] {nemo} Figures...he lives in Massachusetts

[11:43] {dino} who is that, some rock star?

[11:43] {hawkfan4} 93ish

[11:43] {nemo} New Age guru

[11:43] {hawkfan4} i'll be watching it if it pops under 93 and holds

[11:44] {dino} my advice, burn them all and bury in pig skins

[11:44] {Threei}  speaking with respect and giving room for forgiveness is his weapon of choice

[11:44] {nemo} he's indian 

[11:48] {dino} out dltr .69, +.44

[11:48] {dino} .49

[11:49] {dino} opps, +.44 i mean

[11:49] {hawkfan4} nice

[11:49] {dino} ty

[11:50] {larisa} $ transfer from DLTR investors to dino's port :)

[11:50] {hawkfan4} GERN new high

[11:50] {dino} that way i can go buy lots of $ items tonight

[11:55] {cujo} Vad any read on RIMM here?

[11:56] {Threei}  not really... kind of in the middle of everything

[11:56] {dino} out itt .47, +.47

[11:56] {Threei}  56.50 break would be a trigger - with market continuation of course

[11:56] {cujo} y

[11:56] {cujo} target around 57.70?

[11:57] {Threei}  no idea

[11:57] {Threei}  I don't know how you can arrive at this kind of targets

[11:57] {Threei}  RIMM is market-driven

[11:57] {Threei}  you don't really read it on its own in such broad ranges

[11:57] {cujo} got it

[11:58] {dino} taking break 5/5

[11:58] {nemo} fas going through C&H?

[11:59] {Threei}  kind of, yeah

[11:59] {nemo} or is FAZ double bottoming?

[11:59] {Threei}  RIMM triggered

[11:59] {cujo} y

[12:01] {Threei}  30 cents in a few minutes

[12:01] {cujo} really a nice move

[12:01] {cujo} thanks for verification on that one... :)

[12:01] {Threei}  sure thing

[12:02] {Threei}  US SENATE MODERATES HAVE REPORTEDLY AGREED TO A STIMULUS PACKAGE NEAR SIZE INDICATED BY PRESIDENT OBAMA

[12:02] {dawg} PALM is a dog

[12:03] {Threei}  {PALM} me dog?? look who is talkeng!

[12:03] {dawg} LOL

[12:03] {Threei}  :)

[12:05] {Threei}  50 cents RIMM

[12:06] {cujo} thing is movin!

[12:07] {Threei}  DJI +100

[12:08] {Threei}  truly impressive recovery

[12:08] {magoo} HEY..thats my job today

[12:08] {magoo} up 110

[12:08] {Threei}  volume is not a slouch either

[12:11] {dino} resistance at 8111

[12:11] {dino} 8162

[12:11] {pita} keep up the good work guys, gotta go for now...

[12:11] {nemo} Tht news about mtom must be behind this financial moon shot

[12:11] {Threei}  take care pita

[12:11] {magoo} TY vad

[12:11] {dino} 851 s/p

[12:12] {Threei}  welcome mags... for what btw?

[12:12] {Threei}  not that it's very important

[12:12] {Threei}  prez on tv

[12:12] {magoo} im thanking u in advance of your advanced personnal compliment which is forthecoming

[12:13] {Threei}  wow

[12:13] {Threei}  that's deep

[12:14] {Threei}  US PRESIDENT OBAMA: NON FARM PAYROLLS DUE TOMMOROW WILL BE 'DISMAL'

[12:14] {Threei}  540Ke

[12:15] {magoo} boy he is smart

[12:15] {magoo} i wish he'd announce a senate and house salary ceiling of 55k

[12:18] {magoo} not to bragg here {cant believe it myself} but i scalped AAPL and was waiting .67

[12:18] {magoo} look at high

[12:18] {magoo} .6798

[12:19] {larisa} looks like bragging to me :)

[12:19] {cujo} nice

[12:19] {magoo} that was always are problem larisa ::)

[12:19] {larisa} lol

[12:21] {dino} you're right, he's bragging

[12:23] {Threei}  we are switching into retreat mode, IMO

[12:25] {dino} chilli dogs

[12:26] {dptl} good morning all

[12:26] {Threei}  wow

[12:27] {Threei}  hi dp :)

[12:27] {dptl} :)

[12:28] {magoo} dp:)

[12:30] {cujo} HAWK, GS at 93, what you think?

[12:31] {hawkfan4} not sure, market feels lower, i'm staying away for right now.  Stop would have to be under 92.70, so maybe if it gets closer

[12:35] {cujo} thanks Hawk

[12:35] {magoo} just be careful here...traders are used to bailing quick

[12:38] {hawkfan4} np :)

[12:40] {Threei}  SEN MAJORITY LEADER REID: HOPE TO HAVE VOTE ON STIMULUS PACKAGE ON THURSDAY, BELIEVE THERE ARE ENOUGH VOTES TO PASS THE BILL

[12:41] {magoo} so it begins vad lol

[12:41] {Threei}  yup

[12:44] {magoo} u dance with GS hawk like red and scarlett at the southern ball

[12:44] {Threei}  got my half PALM back at 8.07

[12:45] {hawkfan4} lol mags

[12:47] {dino} sm dltr l .49

[12:49] {hawkfan4} STT strong

[12:49] {dawg} picked up some more PALM at 8.08

[12:50] {Threei}  pullback into .50-.60 area on STT will be interesting

[12:51] {magoo} ok vad ..dont screw me up today he he...im 10 for 10

[12:51] {Threei}  - Reid says he believes they can find two Republicans to vote with Democrats, overcoming a potential filibuster

[12:51] {Threei}  so go home

[12:52] {magoo} cant

[12:52] {magoo} been a rough new yr..need ching 

[12:52] {magoo} so u better keep it up 

[12:52] {Threei}  market has no idea bout what you need

[12:53] {magoo} but u do lol

[12:54] {dino} probabilities magoo, play probabilities

[12:54] {Threei}  yeah... at 10:10, which side do you think your odds are leaning now?

[12:54] {magoo} ive been sitting here flipping a quarter...its come up heads 10 for 10

[12:56] {dino} go flip some burgers

[12:57] {hawkfan4} STT says "what pullback" and points and laughs at me

[12:57] {Threei}  yeah

[12:58] {larisa} dino, whisper to me EOD numbers, do we have new patterns yet ? :)  

[12:59] {dino} no idea, but will be surprised if we close at highs, employment numbers tomorrow 8:30 am, will not be good

[13:00] {dino} most likely sell-off starts around 1:45, that has been pattern

[13:00] {larisa} all because somebody  said {r} word

[13:01] {magoo} mkt is a forward looking mechanism...everyone expects number to stink

[13:02] {magoo} nonissue imo

[13:02] {dino} mcd, if takes out hod, may work, needs mkt help

[13:03] {dino} we'll see

[13:07] {Threei}  {larisa} all because somebody said {r} word {--- I disagree...

[13:07] {Threei}  we got our 'ally, then I alerted about retreat starting

[13:07] {Threei}  right at the top

[13:09] {Threei}  US SENATOR DODD: FORECLOSURE MITIGATION PLANS HAVE GAINED TRACTION IN THE US TREASURY

[13:09] {Threei}  {XHB}

[13:10] {Threei}  HIG

[13:10] {Threei}  forming break at 16

[13:13] {magoo} just gave STT your phone number vad...quite rude to me..i hung up

[13:13] {Threei}  I think it tried to conference-call us both

[13:14] {Threei}  wow, big drop

[13:15] {Threei}  news

[13:15] {Threei}  STT

[13:15] {Threei}  CEO: GUIDES 2009 ROE AT LOW END OF 14-17% RANGE

[13:15] {Threei}  EARNINGS MAY FALL 12-13%

[13:16] {dino} short?

[13:16] {Threei}  not very clear...

[13:16] {dino} s .25 sm risky

[13:21] {dino} bstop is .51

[13:23] {dino} seems i was early

[13:23] {dino} [13:00] {dino} most likely sell-off starts around 1:45, that has been pattern

[13:24] {larisa} :)

[13:24] {nemo} What are you so happy about Larisa?

[13:25] {larisa} I like dino

[13:25] {nemo} Ohhhhhhhhh

[13:25] {larisa} do you need a reason to be happy ?

[13:26] {Threei}  yes but not very big... usually pound of bacon will do

[13:27] {dino} (blushing)

[13:28] {Threei}  aimless wandering in the market

[13:28] {dino} wandering down

[13:28] {Threei}  GM TO REPORTEDLY TRIM HEADCOUNT BY 600 AT A MEXICAN PLANT

[13:28] {Threei}  is it euphemism for cut the jobs?

[13:29] {dino} stt bstop to .01

[13:29] {cujo} no, free haircuts for workers

[13:29] {Threei}  'cause to me "trim headcount" sounds more like barber's miskae

[13:29] {Threei}  cutting a bit too low

[13:29] {Threei}  particularly at the neck level

[13:29] {dino} stoped/co .01, +.24

[13:29] {magoo} 600 mexican gm workers aprehended crossing border illegally{AP}

[13:30] {Threei}  lol

[13:30] {nemo} well...as long as you're the one administering the haircut

[13:30] {cujo} all driving hummers

[13:30] {nemo} with a funny smell and white powder wafting from the back

[13:30] {cujo} :)

[13:30] {magoo} border patroll notes all were "well groomed"

[13:31] {cujo} ha ha ha

[13:31] {Threei}  pink elephants observed flying over the roof of the custom building

[13:31] {magoo} now..if IF mkts were to resume strong upward thrust...GS would be a beauty

[13:32] {dino} ge cutting 8 cnbc anchors

[13:32] {dino} the 8 on right now

[13:32] {Threei}  cutting or trimming?

[13:33] {dino} firing

[13:33] {Threei}  maybe bald is in again (in hopeful voice)?

[13:33] {nemo} so a disgusting picture of Maria Bartiromo the other day.  She could use some trimming

[13:33] {dino} gray 3i

[13:33] {Threei}  got that in beard

[13:33] {dino} ohhhh mannnnnnnnn

[13:34] {Threei}  now get bald back in fashion and I got it all covered

[13:34] {nemo} or not covered, as the case may be

[13:34] {dino} not receeding, just going gray

[13:34] {dino} mend blood

[13:34] {nemo} I'm doing both, so I'm letting it grow

[13:34] {magoo} [13:33] {nemo} so a disgusting picture of Maria Bartiromo the other day.  She could use some trimming

[13:34] {magoo} WHAT THE??

[13:35] {nemo} Yeah, notice how they almost never show her below the shoulders anymore

[13:35] {magoo} dino cranking talking heads now

[13:35] {magoo} this aint no party..this aint no disco

[13:35] {dino} life during wartime

[13:35] {Threei}  HIG getting hit

[13:36] {Threei}  STT too

[13:36] {Threei}  good short dino

[13:36] {Threei}  MOODY'S: US GOVT FINANCIAL POSITION EXPECTED TO WORSEN CONSIDERABLY OVER THE NEXT TWO YEARS

[13:36] {Threei}  -Cties actions on financial sector{

[13:36] {dino} ty

[13:36] {nemo} masters of the obvious

[13:37] {dino} and the get the big bucks

[13:37] {Threei}  Moody... wake up... that headline would be timely in the summer of 2007

[13:40] {dino} fdo

[13:41] {larisa} Maria is only 5'5", hard to stay skinny

[13:42] {nemo} Nah...not buyin' it

[13:42] {dino} athn

[13:43] {magoo} all the other girls manage he he {exception of sue herrarra}

[13:44] {Threei}  FED'S BULLARD: US IN A 'SHARP' RECESSION AT THE MOMENT, US GROWTH WILL BE NEGATIVE THROUGH Q209, Q1 WEAK, Q408 GDP COULD BE REVISED LOWER

[13:44] {Threei}  sigh

[13:44] {dino} athn tempting

[13:44] {dino} lol

[13:45] {Threei}  didn't expect HIG to bounce so strongly

[13:47] {dino} eqix spike

[13:51] {Threei}  HIG, fast selling under .60 for entry with stop under .50

[13:52] {nemo} little to quick for me

[13:52] {nemo} too

[13:52] {cujo} ditto

[13:53] {cujo} fast finger Vad

[13:53] {cujo} :)

[13:53] {nemo} I was reading Vad...

[13:54] {nemo} quotes keep getting screwed up today

[13:56] {magoo} u laser nemo?

[13:56] {Threei}  FED'S STERN: LOW INTEREST RATES PROVIDE FOR CHANCE OF RECOVERY, ECONOMY TO BE WEAK THROUGHJUNE

[13:56] {nemo} yes

[13:56] {Threei}  june?

[13:56] {Threei}  so in july we are fine

[13:56] {magoo} m,ine a lil clunky today too

[13:56] {Threei}  here comes HIG

[13:57] {Threei}  .52 in

[13:58] {Threei}  stopped

[13:58] {Threei}  ugh... shake

[13:59] {larisa} lower highs on bounces not important ? was wondering. you looking at 5 min for setup ?

[13:59] {Threei}  just briefly oversold for a bounce

[13:59] {nemo} where's Laserdave when you need him...

06[14:00] * Threei slaps laserdave around a bit with a large trout

[14:01] {dino} sleeping on the couch

[14:01] {Threei}  lol, here is my scalp on HIG

[14:01] {nemo} you mean after stop

[14:02] {Threei}  correction:

[14:02] {Threei}  lol, here is my would-be scalp on HIG

[14:02] {larisa} lol

[14:02] {nemo} Yeah...I was gonna' say, discipline slippin' a bit.

[14:03] {nemo} and, you'd have scalper's regret to boot

[14:03] {nemo} life just isn't fair.

[14:03] {Threei}  thank goodness

[14:04] {Threei}  unfair is what makes world function

[14:04] {nemo} Yeah, I got stuck being good looking and a genius IQ...right

[14:04] {dino} my problem is chic's...they dig me

[14:05] {nemo} yeah, you seem to have Larisa's number

[14:05] {larisa} of course

[14:05] {dino} :)

[14:05] {dino} actually   ;-)

[14:06] {Threei}  who gave HIG my number?

[14:06] {Threei}  PRESIDENT OBAMA SETS NEWS CONFERENCE FOR 8PMET MONDAY

[14:06] {Threei}  - no topic has been announced yet

[14:07] {dino} is there any day he is not on tv?

[14:07] {nemo} triple top or break on FAS

[14:09] {cujo} serious selling in palm

06[14:10] * magoo slaps laserdave around a bit with a large trout

06[14:10] * nemo slaps dino around a bit with a large trout

[14:10] {magoo} vad..start reading RIMM please

[14:10] {Threei}  FMCN

[14:10] {Threei}  HEARING TAKEOVER CHATTER CIRCULATING

[14:10] {nemo} sucks though...all I have is the trout

06[14:10] * dino slaps nemo around a bit with a large trout

[14:11] {nemo} It's tough to pick on my cousins

06[14:11] * magoo slaps nemo around a bit with a large grinn as i can take advantage of nemos trout specific weaknesses

[14:11] {nemo} That's it...dueling '06s at 1000 yards!

06[14:12] * magoo slaps nemo around a bit with a large large snowball into nemos forehead

[14:12] {magoo} HAWK..GS rread please

[14:12] {nemo} ow

[14:13] {Threei}  jeez mags

[14:13] {Threei}  relax... market is doing nothing

[14:13] {Threei}  why so anxious

[14:13] {magoo} i just got back into office

[14:13] {magoo} u didnt miss me?

[14:13] {dino} adhd magoo?

[14:13] {Threei}  I did but I'll aim better next time

[14:13] {hawkfan4} 93 break maybe 

[14:15] {magoo} no quotes on it dino

[14:15] {dino} attention deficit h..... disorder

[14:15] {_wulff} You still have your swing PALm vad?

[14:16] {Threei}  yes

[14:16] {Threei}  sold half at 8.30 and re-bought it back at 8.08

[14:16] {_wulff} too late for me  now?

[14:16] {Threei}  vs entry at 7.80? :)

[14:16] {_wulff} well...

[14:17] {Threei}  it's all about risk management...

[14:17] {Threei}  with 7.80 entry, what was my risk?

[14:17] {Threei}  compare it with 8.15

[14:18] {Threei}  you would have to have your stop around 7.60

[14:18] {_wulff} yup

[14:18] {Threei}  pretty wide, easy to get shaken out only to see it snapping back up

[14:18] {_wulff} 25 shares it is

[14:19] {Threei}  25 shares guranatee you safe trade, negligible profits and broker's hatred

[14:20] {nemo} Fidelity would love him

[14:20] {_wulff} joke

[14:20] {Threei}  here is one more joke:

[14:20] {Threei}  FED'S STERN: THERE IS ROOM TO EVALUATE CURRENT ACCOUNTING STANDARDS - Q&A

[14:20] {Threei}  yup... I hope that room is in prison

[14:21] {nemo} Not at between $16 and $24 a round trip up to 1000 shares.  They make a killing

[14:21] {Threei}  jeez

[14:21] {nemo} No vaseline either

[14:21] {Threei}  I haven't paid such commissions since 1999 :)

[14:21] {cujo} just out of curiosity, what are good exe rates now a days?

[14:21] {magoo} nemesis..who charges that?

[14:22] {Threei}  .005 per share cujo

[14:22] {Threei}  with ecn passthrough

[14:22] {cujo} gotcha

[14:22] {nemo} Fidelity charges according to how many trades you make, and never less than $16 round trip.

[14:22] {cosmo} JNPR wants more

[14:23] {magoo} and their superior executions and service make it worth it?

[14:23] {cosmo} .39 hod

[14:23] {nemo} nope

[14:23] {cujo} still thinking 93 break for GS Hawk?

[14:24] {magoo} vad..aapl hangs right at high

[14:24] {Threei}  breaky

[14:24] {nemo} About the only thing they have that is really good, is the charting software.  Although, they have a software platform "Wealth Lab" I've never played with.

[14:24] {hawkfan4} yeah, just super risky, could pop n drop

[14:24] {cujo} yeah

[14:25] {cujo} stock likes to move

[14:25] {cosmo} JNPR should hold 16.30

[14:25] {magoo} my thoughtsd here GS...if IF mkt wants to rock on"ally..GS returns to high..but needs mkt

[14:26] {magoo} best play imo..take only 100 sh to start on pullbk..if starts moving add

[14:26] {magoo} RISKY

[14:26] {cujo} y

[14:26] {cujo} yes

[14:27] {Threei}  la'isa fi'mly dest'oyed 'oom's ability to use lett' " ' " in the or'd 'ally

[14:28] {cosmo} wo'd

[14:28] {magoo} 'ight..i ag'ee

06[14:28] * nemo Finally...nemo uncorks a Louisville Slugger right between Magoo's eyes!!!

[14:29] {magoo} ROFLOL

[14:29] {dino} lol

[14:29] {Threei}  is there any single serious person in the room?

[14:29] {larisa} of course

[14:29] {Threei}  you know... thinking... analyzing... grown-up...

[14:30] {dino} 2 years ago, i took my son and his friend to yankees game, in ny. it was pat day. they gave out 10,000 louisvile sluggers to kids. all i could think of was what a security nightmare if a fight were to break out

[14:30] {nemo} My big setups passed me this morning and i've been waiting...what can I say...not too mention I've been pining for that ability for a looooong, time

[14:30] {dino} 30'

[14:30] {dino} 30"

[14:30] {nemo} the bat you mean, right dino?

[14:31] {dino} yes

[14:33] {Threei}  FED'S BULLARD: SUSPENDING MARK TO MARKET ACCT HAS NOT BEEN A GOOD IDEA IN THE PAST

[14:33] {magoo} my god MA up 19 points

[14:34] {dino} i think it was just put into force last year

[14:34] {Threei}  so he is right

[14:34] {Threei}  at no point before that suspending it was a good idea

[14:34] {dino} lol

[14:36] {Threei}  priates release Ukrainian ship after 4 months

[14:36] {larisa} got paid ?

[14:36] {Threei}  no

[14:36] {Threei}  somali village ran out of food

[14:37] {cosmo} sanctions worked?

[14:37] {Threei}  next time they'll think twice before hijacking ukrainians

[14:39] {magoo} aapl breaks

[14:40] {nemo} {@Alert} Threei  is there any single serious person in the room?  Is your wife standing next to you?

[14:40] {Threei}  US TREASURY'S GEITHNER WILL REPORTEDLY DISCLOSE A COMPREHENSIVE FINANCIAL FRAMEWORK ON MONDAY

[14:40] {Threei}  - Reminder: President Obama has scheduled a news conference for 8:00pmET on Monday

[14:40] {Threei}  no... why?

[14:40] {nemo} serious person

[14:41] {Threei}  I don't usually marry overly serious ones

[14:41] {nemo} But you do need supervision

[14:42] {Threei}  that's what everyone keeps telling me... :(

[14:42] {nemo} but you never listen

[14:42] {Threei}  why, I do

[14:42] {Threei}  that's how I know what they are telling me

[14:42] {nemo} Mags...V didn't do badly today either

[14:42] {nemo} O.K.  listen but no follow through

[14:42] {Threei}  it's Alzheimer's fault

[14:43] {nemo} Know him well

[14:43] {Threei}  I intend to follow through but I forget next morning

[14:43] {Threei}  lol... White House spokesperson:

[14:44] {Threei}  The bill is a moving target

[14:44] {dino} serious? if you guys make me trade w/o having fun, then i must leave this room.

[14:45] {Threei}  you prtobably missed latest bill by the administration dino

[14:45] {Threei}  fun is forbidden

[14:45] {cosmo} no general mirth

[14:46] {dino} ohhhh mannnnn...in my swiper voice

[14:47] {nemo} think the tide turned

[14:48] {Threei}  don't bet on it

[14:49] {Threei}  we are in change-by-coment situation

[14:49] {nemo} Alright, I'll just be a voyeur

[14:49] {nemo} well, been watching a shift in FAS FAZ since 2:20

[14:49] {Threei}  every musing out of senate directly or via commentators can cause big move

[14:51] {nemo} Shouldn't you be calling FAS scalps or somethin'?

[14:51] {hawkfan4} everything's too jumpy

[14:52] {Threei}  want to get a few papercujts?

[14:52] {Threei}  this market is exactly the type right now

[14:54] {larisa} HIG was such a perfect short off 15.50 when it did not go up with a market.. larisa-chicken.

[14:55] {Threei}  true... classic setup

[14:55] {Threei}  I missed it

[14:59] {dino} fast fall

[15:01] {larisa} why market can not get excited? stimulus almost passed, financials will be rescued on monday.. go market!

[15:01] {dptl} got to go...have a good evening all

[15:01] {dawg} Hig scalp off of 8.22

[15:01] {Threei}  take care dp

[15:02] {dawg} +.10

[15:02] {dawg} how about 15.22

[15:02] {larisa} better :)

[15:02] {dawg} larisa is a 10

[15:03] {dino} athn sm l .50

[15:03] {dino} cya dp

[15:03] {dino} sell the news larisa

[15:04] {larisa} I wish we bought the news first :) no buyers

[15:04] {dino} they bought the rumor, imo

[15:11] {dawg} Hig scalp from 15.20 +.13

[15:11] {dino} stopped athn -.30

[15:13] {dino} rinsed

[15:14] {dawg} HIG scalp from .23 +.10

[15:14] {Threei}  nice work dawg

[15:14] {dawg} gettin the Vad rthym ty

[15:15] {Threei}  :)

[15:15] {dino} good dog dawg

[15:17] {dawg} ty dino you have been hot lately

[15:17] {Threei}  group hug

[15:18] {dino} today, but under goals m-w

[15:19] {dawg} )}

[15:19] {dino} markets don't know what to do

[15:22] {Threei}  btw

[15:23] {Threei}  HIG reports today after close

[15:23] {larisa} interesting

[15:23] {Threei}  also, very important report today, real marketr mover: NAVR

[15:23] {larisa} lol

[15:24] {Threei}  this one used to be a big moneymaker back in tech era :)

[15:24] {larisa} we are too old threei

[15:25] {dino} about as o0ld as me i guess

[15:26] {dino} 44 next month

[15:26] {Threei}  heh

[15:36] {dino} giddy-up

[15:41] {Threei}  many financials have this interesting manner lately to go up on earnings report no matter how bad it looks

[15:41] {Threei}  let's see what HIG does

[15:42] {Threei}  (CA) CANADA PM FLAHERTY: UNEMPLOYMENT NUMBERS DUE FRIDAY WILL BE 'REGRETTABLE'

[15:42] {Threei}  interesting way to put it

[15:43] {dino} mcd stop to .49

[15:44] {Threei}  look at PALM daily

[15:44] {Threei}  feels like pregnant with break to you?

[15:45] {dino} out mcd .55, +.30

[15:45] {hawkfan4} interesting way to put it

[15:45] {Threei}  lol

[15:45] {hawkfan4} :)

[15:46] {Threei}  HIG speculators crowd fire exits

[15:48] {larisa} dawg was waiting for them at .20:)

[15:50] {Threei}  TREASURY SEC GEITHNER: WANT TO WORK CLOSELY WITH OTHER COUNTRIES TO INCREASE CHANCES FOR ECONOMIC RECOVERY

[15:50] {Threei}  {Other countries} thanks, you guys recovered us enough

[15:51] {dino} so nice

[15:51] {larisa} it is global economy, some prosper, all suffer :)

[15:51] {Threei}  {Other countries} we feel a little bit overrecovered as it is

[15:53] {Threei}  I'll stick around to wait for HIG

[15:53] {larisa} ty

[15:53] {hawkfan4} me too

[15:53] {magoo} HIG reports?

[15:53] {hawkfan4} yep

[15:54] {magoo} after bell or 4:30?

[15:55] {hawkfan4} all i have is after market closes

[15:56] {larisa} go for smoke now vad or we will miss it :)

[15:56] {magoo} me too..brbv

[15:56] {Threei}  lol

[15:58] {Threei}  PALM ginishes above 8 this time

[15:58] {Threei}  good to see

06[15:58] * larisa slaps threei a bit with palm venik

[15:58] {Threei}  why?

[15:59] {Threei}  I behaved

[15:59] {Threei}  Ithink

[15:59] {larisa} too much PALM, i am looking at it with your every mention, tired :)

[16:00] {Threei}  she is tired and I get slapped? What kind of logic is that

[16:00] {larisa} lol

[16:00] {cujo} any news about OIL just now?  USO going nuts?

[16:00] {Threei}  not that I see

[16:00] {cujo} more activity at close than usual 

[16:01] {cujo} just makes me wonder. 

[16:01] {Threei}  nor do I see anything out of ordinary on USO

[16:01] {dino} thx all, had fun

[16:01] {Threei}  dino :)

[16:01] {larisa} bye dino :)

[16:01] {hawkfan4} cu dino

[16:01] {Threei}  but again, abut fun

[16:02] {patience} good day, raising cash mostly  thanks vad

[16:02] {Threei}  :)

[16:02] {cujo} thanks Vad

[16:02] {cujo} see you tomorrow

[16:02] {dino} cujo- biz.yahoo.com/research/earncal/today

[16:02] {magoo} stay put vad..wee are NOT done lol

[16:02] {Threei}  take care coju

[16:02] {dino} about 80

[16:03] {cujo} dino, link no worky

[16:04] {dino} http://biz.yahoo.com/research/earncal/today.html

[16:04] {larisa} ADF wants to sell HIG at 301000 :)

[16:04] {Threei}  that's my short

[16:04] {cujo} cool.  Se eyou all later:)

[16:04] {larisa} oh

[16:05] {Threei}  also, see .01 bid

[16:05] {larisa} your long ?

[16:05] {Threei}  right

Feb 04 2009

Not very active but fairly positive day. Overall no complaints other than prolonged period of boredom, but HIG, STT etc break that down now and then.

Session Time: Wed Feb 04 00:00:00 2009

[07:34] {nemo} good morning soulless sleepers

[07:46] {hawkfan4} drys

[07:46] {hawkfan4} :)

[07:46] {hawkfan4} and good morning

[07:46] {nemo} Bruins are killin' it.

[07:47] {nemo} Baltic Dyr up again?

[07:48] {nemo} Dry...I guess sub-consciously thinking of Led Zeppelin

[07:48] {hawkfan4} they are rockin nemo

[07:48] {hawkfan4} bruins that is

[07:49] {nemo} Yes...I don't watch much TV anymore, nevermind sports, but the local sports radio hosts always talk about how hockey players, as a rule, are such good guys, so good for them, it's been a looooong time.

[07:56] {Threei}  Good morning

[07:56] {hawkfan4} gm vad

[07:56] {nemo} comrade :)

[07:56] {Threei}  hawk, nemo :)

[07:57] {nemo} any oracular pronouncements? :)

[07:57] {Threei}  none

[07:57] {nemo} I foresaw that response :)

[07:59] {magoo} morning

[08:01] {Threei}  magoo :)

[08:05] {Threei}  DRYS has 9 lives

[08:06] {magoo} yes..it styarted moving afterhours

[08:06] {cosmo} ERTS:  # Electronic Arts posts wider loss, hurt by chargesAP(Tue 7:41pm)

[08:06] {magoo} u have a premkt play here?

[08:06] {cosmo} ... seems to firm pre mkt

[08:08] {magoo} DRYS #1 volume on naz this morn

[08:15] {Threei}  JAN ADP EMPLOYMENT CHANGE: -522KK V -535KE

[08:15] {Threei}  - Prior month revised from -693K to -659K

[08:21] {larisa} good morning :)

[08:21] {Threei}  larisa :)

[08:21] {cosmo} so far...

[08:21] {nemo} gm larisa :)

[08:22] {larisa} threei, cosmo, nemo :)

[08:22] {cosmo} :)

[08:24] {hawkfan4} ELN back over 8

[08:24] {Threei}  this one makes me uncomfortable

[08:25] {hawkfan4} yeah, it's a strange one

[08:27] {cujo} good morning

[08:27] {Threei}  cujo :)

[08:28] {Threei}  BALTIC DRY BULK INDEX RISES FOR ITS 12 STRAIGHT INCREASE

[08:29] {magoo} when more players come in DRYS may pop

[08:29] {magoo} u have a read on it vad?

[08:29] {Threei}  no

[08:30] {magoo} u cranky? lol

[08:30] {Threei}  can drop on profit-taking just as well

[08:30] {Threei}  always

[08:31] {Threei}  this gap can easily be nothing more than folks coming home yesteredayt, reading news they mised and calling their brokers

[08:31] {Threei}  "buy me that thing tomorrow morning"

[08:31] {Threei}  if that's so, they'll be trapped

[08:31] {cosmo} that was 15 years ago 3i... 

[08:31] {nemo} like rats

[08:32] {Threei}  you'd think cos

[08:32] {cosmo} for me...yes

[08:32] {nemo} No...still happens...saw it with my own eyes a couple of months ago

[08:32] {cosmo} nah ... more like 20

[08:36] {Onix} Good morning

[08:37] {Threei}  onix :)

[08:41] {cosmo} ERTS pre mkt high = 16.15  ...needs to hold 15.90  imo

[08:42] {nemo} cosmo, when id erts announce?

[08:42] {nemo} id=did

[08:43] {cosmo} last nite

[08:43] {cosmo} plenty of time to call your broker

[08:43] {nemo} the rats probably haven't all jumped

[08:43] {cosmo} :)

[08:43] {Threei}  DRYS found new crop of fans

[08:43] {nemo} Funny how broke and broker...huh?

[08:44] {cosmo} hmmm

[08:45] {Threei}  INTC CFO: THIS IS ONE OF THE WORST ECONOMIC CYCLES WE HAVE EVER SEEN, SEEING RESET OF DEMAND TO A NEW LEVEL

[08:45] {nemo} I wonder if they'll have broadband in Hoovervilles?

[08:53] {magoo} CSCO report yet?

[08:54] {Threei}  no

[08:54] {Threei}  after the close today

[09:00] {KSystems} goooood morrrrning!

[09:00] {Threei}  ks :)

[09:03] {dino} gm all

[09:03] {Threei}  dino :)

[09:05] {dino} i see some value added analysis; keybanac downgrades wynn to underperform (after stock has fallen 12 points in two weeks)

[09:06] {nemo} Feb. 3 (Bloomberg) -- The Baltic Dry Index, a measure of shipping costs for commodities, extended its best start to a year since at least 1986 on demand to haul iron ore to China. 

[09:06] {dino} downgrade them when at lows, raise them at highs

[09:06] {Threei}  their quotes are delayed I'd guess

[09:07] {fernp} Hello everybody

[09:07] {Threei}  fern :)

[09:07] {dino} iron, is that fcx

[09:08] {nemo} slw

[09:08] {nemo} oops

[09:09] {elepet} good morning

[09:09] {Threei}  FCX is copper, gold and molybdenum

[09:09] {Threei}  elepet :)

[09:09] {Threei}  and... it was mentioned positively yesterday on Mad Money

[09:10] {dino} thx

[09:20] {elepet} all the Baltic components are way up today

[09:21] {ese} good morning

[09:22] {Threei}  ese :)

[09:27] {dptl} gm all

[09:29] {larisa} dm dp

[09:29] {Threei}  dp :)

[09:31] {dino} out cpla leftover, .62, +.68

[09:31] {nemo} Mags, think we should just keep a tree stand "bottle" nearby?

[09:31] {magoo} :)

[09:31] {magoo} news RIMM vad?

[09:31] {dino} indeed nemo

[09:31] {ese} bstop ILMN sm  .50

[09:32] {nemo} harvest venison Dino, do ya?

[09:32] {Threei}  nothing significant

[09:32] {magoo} amzn drops

[09:32] {ese} 32.50 not 31.50

[09:32] {dino} itt

[09:33] {Threei}  EGLE looks stronger than DRYS

[09:34] {ese} invalidated

[09:34] {dino} rate smackdown

[09:35] {nemo} fas tanking

[09:36] {Threei}  sharp drop DRYS

[09:36] {Threei}  EGLE did teleportation dance

[09:37] {Threei}  worth watch for scalpers

[09:37] {Threei}  watching too

[09:37] {Threei}  PALM is back into 8

[09:37] {Threei}  no news that I see

[09:41] {Threei} Long Setup:  RIMM  .40 if stays above .20

[09:42] {ese} Long ILMN 32

[09:42] {Threei}  1:1

[09:42] {tomg} ty vad

[09:42] {ese} 1/2

[09:42] {ese} fast

[09:43] {cujo} RIMM +.20

[09:43] {cujo} thanks Vad

[09:43] {ese} out .72 + .72

[09:44] {ese} gonna try pullback

[09:44] {ese} bstop .50 ILMN  1/2

[09:45] {Threei}  watching EGLE for wquick pullback into .40 area

[09:45] {ese} breakout instead of pullback is better

[09:46] {magoo} out RIMM .73 TY 

[09:46] {Threei}  welcome

[09:48] {dino} gj

[09:49] {Threei}  look who is waking up

[09:49] {Threei}  LULU

[09:49] {Threei}  long time no see

[09:51] {Threei}  not sure anout break on it, but pullback would be worth attention

[09:53] {magoo} decent pullbk RIMM vad

[09:53] {Threei}  .40 closest support... got away

[09:53] {Threei}  PALM

[09:53] {Threei}  today may be the day

[09:54] {dino} itt sm l .20

[09:54] {dino} hod's

[09:56] {ese} bstop invalidated

[09:56] {ese} ILMN

[09:59] {tomg} stt vad?

[09:59] {Threei}  it's opening pullback keeps me concerned a bit

[09:59] {tomg} ok

[10:00] {Threei}  wouldn't take much to send it to 24 from here

[10:00] {tomg} ty

[10:00] {Threei}  if that happened I'd be an eager buyer

[10:00] {Threei}  break, I don't know

[10:00] {Threei}  *JAN ISM NON-MANUFACTURING COMPOSITE: 42.9 V 39.0E

[10:01] {Threei}  this starts shaping up as creep-up day

[10:01] {nemo} fas off to the races this morning

[10:04] {_wulff} Do you get more active when things go up up up? Or Steady as she goes?

[10:04] {Threei}  too wide question...

[10:05] {Threei}  there are good setups, we take them

[10:05] {_wulff} ok

[10:05] {Threei}  slow creep up with no pullback is not one of our favorite

[10:05] {_wulff} annoying

[10:05] {Threei}  it's a kmind of days when investors are happy but traders don't find much

[10:05] {_wulff} i see

[10:06] {Threei} Long Setup:  JNPR  .75 if stays above .60

[10:06] {Threei}  look EGLE for example

[10:07] {Threei}  if missed first drop into .20, and it was microsecond for entry, where do you enter that?

[10:07] {pita} good morning all - been gone so long had difficulty finding my way back!

[10:07] {dino} gm pita

[10:08] {Threei}  pita :)

[10:08] {cujo} invalidated?

[10:09] {Threei}  yeah

[10:09] {Threei}  was forming cup and handle

[10:09] {cujo} yup

[10:10] {cujo} RIMM just won't stop today

[10:10] {magoo} i could stop it LOL

[10:10] {cujo} ha ha me too

[10:10] {pita} KS, any chance of getting help setting up mIRC?  Where to start w/o bothering everyone else?  Perhaps you can tell I am in browser.

[10:10] {magoo} together we could kill it

[10:11] {cujo} in rimm .74

[10:11] {cujo} just a little test

[10:11] {dino} if i bought w/you, we would freeze it

[10:11] {cujo} look at that now won't go over .75

[10:12] {cujo} :)

[10:12] {nemo} impressive mags!

[10:12] {Threei}  you didn't really buy RIMM there cujo?

[10:13] {cujo} no

[10:13] {cujo} but it does seem out to get me.  

[10:13] {cujo} Just a paper trade. 

[10:13] {Threei}  of course, with this kind of entries, lol

[10:13] {cujo} :)

[10:13] {magoo} toilet paper trade

[10:13] {Threei}  top of sharp spike? come on :)

[10:14] {Threei}  sucker's trade

[10:14] {Threei}  and as Jesse said,

[10:14] {Threei}  first rule of trading:

[10:14] {tomg} jnpr still valid?

[10:14] {Threei}  Don't be a sucker!'

[10:14] {magoo} jesse james was a trader?

[10:14] {cujo} yup

[10:14] {cosmo} traded bullets

[10:15] {Threei}  tom... I think we need ot play JNPR differently

[10:15] {nemo} Geez...ya' just start thinking mags has really got something...and then he walks off the cliff :(

[10:15] {Threei}  aggressive entry for a scalp off pullback, as NQ jumps and JNPR goves a little delay

[10:15] {Threei}  .61 was an entry, but I couldn't type al;ert in time

[10:15] {tomg} ok 

[10:16] {Threei}  another NQ spike is coming

[10:16] {patience} good morning RT  :)

[10:16] {cujo} morning

[10:17] {Threei}  patience :)

[10:17] {Threei}  if breaks 1240, grab RIMM as close to .50 as you can

[10:17] {dino} :) patience

[10:17] {tomg} Q? equiv.

[10:18] {tomg} .50?

[10:18] {Threei}  .55

[10:18] {KSystems} pita?

[10:18] {tomg} ty

[10:18] {pita} yes?

[10:18] {KSystems} dcc plz

[10:18] {pita} dcc how?

[10:19] {KSystems} you see my nick in the bar at the top of your screen

[10:19] {KSystems} click it

[10:19] {Threei}  NASDAQ retreats a bit

[10:19] {Threei}  RIMM is holding well

[10:19] {pita} brings up PM Whois and Ignore

[10:20] {Threei}  I would love to see a pullback on it, to .20 - .30

[10:20] {Threei}  but doesn't seem to be the case

[10:20] {cujo} where stop if in RIMM?

[10:20] {Threei}  sorry, don't understand

[10:21] {Threei}  if already in?

[10:21] {cujo} y

[10:21] {Threei}  or if sets up?

[10:21] {Threei}  well... where are you in then? :)

[10:21] {cujo} bought 1 lot near .50.  

[10:21] {cujo} guess i jumped gun

[10:21] {Threei}  keep it under .40

[10:22] {cujo} ok, thanks.

[10:26] {Threei}  held like a champ

[10:27] {Threei}  needs to break .60 now

[10:28] {Threei}  start taking profit

[10:28] {cujo} out 1/2

[10:28] {Threei}  half out at least

[10:28] {Threei}  stop to under .50

[10:28] {cujo} y

[10:29] {Threei}  precision with which it held .40 is remarkable

[10:29] {nemo} fAS available for short?

[10:30] {cujo} yeah

[10:30] {nemo} doesn't show up in LASER for me

[10:30] {Threei}  DOE CRUDE: +7.2 V +3ME

[10:30] {Threei}  GASOLINE: +300K V +1ME;

[10:31] {Threei}  shortable nemo

[10:31] {cujo} out full RIMM thanks Vad

[10:31] {Threei}  feel free to take RIMM profit in full

[10:31] {cujo} yup

[10:31] {Threei}  good job

[10:31] {dino} gj

[10:31] {cujo} thank, was hairy for a sec there near .40

[10:32] {Threei}  ah come on

[10:32] {Threei}  10 cents stop

[10:32] {Threei}  nothing to give a second thought to

[10:32] {magoo} hairy for a dog like u?

[10:32] {cujo} :)

[10:32] {cujo} yeah something like that :)

[10:32] {nemo} mags, don't forget...he's rabid

[10:33] {cujo} grrrrr

[10:35] {Threei} Long Setup:  HIG  .25

[10:36] {Threei}  if stays above .15

[10:37] {dino} up or down, and wouldn't you know it, my daughter took magic 8-ball home

[10:38] {hawkfan4} lol

[10:38] {Threei}  you don't lock it up?

[10:38] {hawkfan4} it should have its own bodyguard

[10:38] {dino} hindsight

[10:39] {nemo} trend change in market?

[10:40] {Threei}  so far, not

[10:41] {dino} out itt .77, +.57

[10:41] {hawkfan4} good one

[10:41] {cujo} nice trade dino

[10:42] {Threei}  I suspect dino has reserve 8-ball

[10:42] {dino} thx; easy button

[10:42] {dino} thx; easy button

[10:42] {dino} opps

[10:43] {magoo} restrm alert..alerty

[10:43] {fernp} in HIG

[10:43] {cujo} in HIG

[10:47] {Threei}  wow... line on TV:

[10:48] {Threei}  British PM says world in recession

[10:48] {Threei}  no, really?

[10:48] {hawkfan4} more competition vad

[10:48] {nemo} He's a POL not an economist :)

[10:48] {Threei}  no kidding hawk

[10:48] {Threei}  defending my title of the master of the obvious becomes so tough, I wonder ifit's worth it

[10:49] {cujo} dirty job, but someone has to do it... 

[10:49] {nemo} tough staying on top

[10:49] {nemo} Heavy is the head that wears the crown :(

[10:50] {Threei}  next CEO comes out and says the conditions are tougher than they've ever seen... I gove up

[10:50] {cujo} Vad, ok to move stop to below .20 on the HIG?

[10:50] {Threei}  I am a bit torn about it

[10:50] {Threei}  too easy to get tagged

[10:51] {cujo} y

[10:51] {cujo} yeah

[10:51] {nemo} FAS looks week probably holding HIG back

[10:51] {Threei}  and I am not sure market is ready for continuation

[10:51] {nemo} week=weak

[10:51] {Threei}  and HIG is holding very well

[10:51] {cujo} yeah, ok, holding at .14

[10:52] {cosmo} NETL 24 test

[10:53] {cosmo} hod

[10:56] {cosmo} should hold 23.75

[10:56] {cujo} come on HIG

[10:57] {Threei}  {HIG} don't rush me! I am on Hawaiian time! I move on my own terms

[10:57] {cujo} lol

[10:57] {Threei}  1:1

[10:57] {Threei}  make your choice

[10:57] {Threei}  half out or scalp

[10:58] {cujo} out.38

[10:58] {cujo} thanks Vad

[10:58] {Threei}  sure

[10:58] {magoo} waiting .47

[10:59] {larisa} did you say yesterday AMZN to the moon ?? breaking things :) 

[11:00] {Threei}  that was yesterday

[11:00] {Threei}  today it's curious what's under the basement floor

[11:00] {nemo} pour new concrete last night?

[11:00] {Threei}  HIG hit 1:2

[11:01] {larisa}  I think you are prohibited to say "M" word :)

[11:01] {nemo} No, he just can't say 'ally

[11:01] {Threei}  hmmm... no r no m... larisa, my vocabulary is quite limited as it is...

[11:02] {larisa} lol

[11:02] {Threei}  you'll make me look as an imbecil if you continue cutting down words I can use

[11:02] {Threei}  I mean, I manage with 15

[11:02] {Threei}  now 13

[11:02] {nemo} obviously not using "e" either

[11:03] {Threei}  but aything below 10, it's going to be tough wihtout intense gesticulation

[11:03] {nemo} sign language

[11:03] {KSystems} HME hl l .97 stop .82

[11:11] {dino} mhs hmmm

[11:17] {KSystems} HME stopped -.16

[11:17] {KSystems} WYE l .47 stop .43

[11:17] {dino} v s sm .03

[11:24] {KSystems} GE l .60 stop .53

[11:24] {KSystems} CBE hl l .57 stop .38

[11:26] {dino} cov v .00, +.04 mkt spike

[11:26] {dino} .03 opps

[11:26] {dino} damn, rinsed me

[11:29] {KSystems} WYE stopped -.04

[11:31] {pita} KS, am I there?

[11:31] {cujo} you are here...

[11:31] {Threei}  you made it pita

[11:31] {dino} over here

[11:31] {KSystems} :)

[11:31] {pita} thanks cujo!, thanks Vad, and specially KS!

[11:32] {KSystems} no prob

[11:32] {Threei}  NCX??

[11:33] {Threei}  11:25am [NCX] Strength attributed to rumor the co. has struck a $100M funding agreement from an Alberta pension plan

[11:33] {Threei}  I'll say

[11:41] {dino} coiled springs

[11:42] {nemo} which way though, Dino???

[11:43] {dino} gut says down

[11:43] {nemo} I agree

[11:44] {nemo} I saw a trend change around 10:00 an now it can't make up it's mind...mmmhhh...sounds like me.

[11:47] {pita} Is there no replay or time stamp here?

[11:47] {Threei}  time stamp yes

[11:47] {pita} don't see it

[11:47] {nemo} right click on discussions above

[11:47] {cujo} i don't see eithe pita

[11:47] {Threei}  right click on the button #discussions, pick Timestamp from dropdown menu

[11:47] {cujo} cool

[11:48] {cujo} look at that.  There it is. 

[11:48] {Threei}  replay no

[11:48] {nemo} how do you work the mouse with your paws cujo?

[11:48] {cujo} Vad, trader by day, tech support by night...

[11:48] {Threei}  lol

[11:48] {cujo} pencil in mouth

[11:48] {pita} ty, got it

[11:48] {nemo} ahhh

[11:48] {cujo} tough working with mouse, all hotkeys

[11:49] {nemo} get slobber on keyboard?

[11:49] {cujo} yup.  

[11:49] {cujo} have that new waterproof keyboard...

[11:50] {nemo} Sorry vad...I think I bring down the collective IQ around here.

[11:50] {dino} gs wants to pay back tarp, offering rumor

[11:50] {Threei}  you'd need a concrete-breaking tools for that

[11:51] {Threei}  basement floor, you know

[11:51] {pita} How do you get sound alert for Vad or other selected member?

[11:51] {cujo} Lloyd could pay that back himself.  

[11:51] {nemo} Yeah, when I lived in SC they made we wear a helmet while on my motorcycle. They figured if I fell off and landed on my head, I'd damage the street. 

[11:52] {cujo} what you ride Nemo?

[11:52] {nemo} Then...KZ1000

[11:52] {nemo} How I got around during grad school

[11:53] {cujo} gotta love that Kawi green... 

[11:53] {nemo} They were fantastic bikes...rice burner aside

[11:53] {Threei}  sorry pita, can't remember that one... it's done in Highlight section but between diff mIRC versions I can't remember where to find it

[11:54] {cujo} pita, right click on the user name you want to make sounds

[11:54] {magoo} i had Harley back then

[11:54] {magoo} sportster..black

[11:54] {pita} what are we watching?

[11:54] {nemo} same thing pita, right click on "beeping"

[11:54] {dino} buffet will be riding harley magoo, just loaned them 300 mill, at 15%

[11:54] {cujo} then go to info

[11:54] {cujo} then highlight

[11:54] {cujo} then you can create the rule based on names and words

[11:55] {dino} becn hmmmm

[11:55] {nemo} if you put the cursonr in the #floor window, where Vad emanates, right click choose "Beeping" and turn it on

[11:55] {Threei}  emanates... lol

[11:55] {pita} ty

[11:56] {nemo} Yeah...pontificates would have been better

[11:56] {cujo} cool.  I have always been on sportier bikes but like the Harleys....

[11:56] {nemo} Love Hogs, but they still break down too much

[11:56] {cujo} yeah, and the are HEAVY

[11:56] {magoo} i know its dangerous..but me and friends luv to bar hop on bikes 

[11:56] {cujo} if and when you go down, you go down hard......

[11:56] {cujo} ditto

[11:56] {magoo} it was fun fun funnnn

[11:57] {cujo} what you on magoo?

[11:57] {nemo} Good thing you were riding, too drunk to walk

[11:57] {cujo} bike wise

[11:57] {magoo} all i have now is 4 motocross bikes

[11:57] {nemo} Yeah, that left alot to the imagination for a second cujo

[11:57] {cujo} ha ha

[11:58] {magoo} ex motocrosser here..and son  now races

[11:58] {nemo} This market is like watching asymptotic relationships

[11:58] {Threei} Long Setup:  FAZ  small shares .50 break if stays above .30-

[11:59] {cujo} always wanted to try motorcross... 

[11:59] {Threei}  feels like spike into 50 in cards

[11:59] {magoo} in FAZ vad

[12:00] {Threei}  just keep it small, too volatile

[12:00] {cujo} in as well

[12:02] {larisa} dino nice BECN bottom alert

[12:02] {Threei}  no worky

[12:02] {cujo} out

[12:02] {dino} missed it, am waiting at .01

[12:03] {larisa} scalped from under 10, ty

[12:04] {dino} gj

[12:06] {dino} i really missed that

[12:08] {dino} watching apol, itt, becn

[12:09] {larisa} that FAZ is really crazy, off my screen :) 

[12:09] {dino} mine too

[12:10] {dino} 3x's i believe

[12:10] {hawkfan4} yep

[12:10] {nemo} yes, but gotta' look at faz  an fas together.  Right now fas moves with S&P

[12:10] {dino} as they say "there are other worlds' than this"

[12:11] {nemo} huh?

[12:11] {nemo} dimensions?

[12:11] {dino} stephen king, the gunslinger

[12:11] {dino}  9/0

[12:11] {dino} disregard

[12:12] {Threei}  "Go on the. There are other worlds than this"

[12:12] {Threei}  the = then

[12:12] {dino} just substitute stocks for worlds, that was my point

[12:12] {nemo} Geez...I see him at Red Sox games some times.  Sits over behind first base.

[12:13] {dino} cool

[12:13] {nemo} Big baseball fan, built a bunch of fields for kids up in Maine

[12:14] {cujo} dino, have any price in mind for APOL entry?

[12:14] {cujo} around .50-.60 maybe?

[12:14] {dino} i coach babe ruth team

[12:15] {dino} .40s

[12:15] {dino} itt around .90

[12:15] {cujo} got it

[12:17] {Threei}  COST EXEC: WE BELIEVE THE US ECONOMY HAS HIT BOTTOM - CONF CALL

[12:17] {cujo} hmmm

[12:17] {dino} gutsy call

[12:17] {nemo} Did they say how long it would be on the floor?

[12:19] {Threei}  GERN some enthusiasm

[12:20] {dino} darn v would've worked, too tight

[12:20] {Threei}  (RU) RUSSIAN FIN MIN KUDRIN: INFLATION IN RUSSIA MAY BE HIGHER THAN FORECASTED 13%

[12:21] {dino} shocking

[12:22] {Threei}  between that and Zimbabwe, I wonder whether we have right to complain when ours hits 3%

[12:22] {nemo} ask Kaimu

[12:22] {Threei}  FAZ shakeout... above 50

[12:23] {cujo} ITT getting there

[12:23] {nemo} bounce scalp on fas?

[12:23] {Threei}  only if you are into microscalping

[12:24] {Threei}  I doubt it has much in it

[12:24] {nemo} hey...how did you know about my hair transplant?

[12:24] {dino} cx apol, mkt drops

[12:24] {Threei}  I'd better look at STT for bounce scalp

[12:26] {dino} hmmm apol held .50 cujo right

[12:26] {cujo} rarely

[12:27] {magoo} what the read on GS hawk?

[12:28] {hawkfan4} dunno, looks down, but support at 88, rock n hard place right now

[12:29] {hawkfan4} gotta run out for a bit

[12:29] {magoo} ok ty

[12:34] {Threei}  market is totally dead

[12:34] {dino} itt sm l .07

[12:35] {dino} stop is .78

[12:40] {dino} apol sm l .55, stop .18

[12:42] {fernp} MEE good DBI?

[12:43] {Threei}  chart wise, yes...

[12:43] {Threei}  it's just the market right now

[12:43] {Threei}  directionless

[12:45] {magoo} going to eat some bacon vad

[12:45] {Threei}  US SENATE REPORTEDLY TAKING STEPS TO INCREASE GSE LOAN LIMITS

[12:45] {Threei}  {FNM XHB}

[12:45] {Threei}  wait mags

[12:46] {Threei}  that's for you:

[12:46] {Threei}  http://www.nytimes.com/2009/01/28/dining/281brex.html

[12:46] {dino} why, when values are down

[12:46] {nemo} that's quite a chart on fnm

[12:47] {magoo} YUMMY vad

[12:48] {larisa} at least wrap some carrots with it :)

[12:49] {nemo} Friend of mine gave me meat from a pig he raised, including bacon...what a difference from the store bought stuff

[12:50] {dino} apol stopped

[12:55] {Threei}  lol... renewable energy push is likely to create more jobs on Aisa than in USA

[12:56] {dino} hampster wheels?

[12:58] {larisa} depends on a company, solars keep technology and manufacturing in US, back end in Asia, Mexico. Gov can put condition in : create jobs in US ? :)

[12:59] {magoo} why doesnt govt become a solar copany...already a bank and auto companies

[13:00] {dino} tech?

[13:00] {larisa} lol

[13:00] {pita} bounce area STT Vad?

[13:01] {Threei}  not while FAS is dropping

[13:01] {magoo} darn faz vad..we were 5 minutes early

[13:02] {Threei}  yeah

[13:02] {Threei}  US HOUSE SPEAKER PELOSI: UNCLEAR WHETHER OR NOT ADDITIONAL BANK BAILOUT REQUESTS

[13:05] {dino} i vote, no more anything, let it syhake out

[13:10] {Threei}  woq... what a yawn, ever since those early plays

06[13:10] * dino slaps &Threei around a bit with a large trout

[13:11] {Threei}  you think it helps?

[13:12] {dino} watcing some old favs. wmt, mcd

[13:12] {Threei}  let's see if we get double bottom

[13:12] {cujo} mcd c&h?

[13:12] {Threei} Long Setup:  STT  .50

[13:12] {Threei}  if stays above .40

[13:14] {nemo} S&P STB

[13:14] {dino} no idea cujo

[13:14] {Threei}  market and FAS quick downticks, STT is holding

[13:14] {Threei}  not sure if it can hold if market continues down, but bounce should make it work

[13:15] {Threei}  so far so good

[13:16] {magoo} in 

[13:16] {Threei}  1:1

[13:18] {magoo} rimm aapl hjeld well..any plauyy vad?

[13:19] {Threei}  RIMM is stronger than AAPL

[13:19] {Threei}  it is a play when market reverses

[13:19] {Threei}  but no technical on its own

[13:19] {dino} wmt sm l .90

[13:19] {magoo} if IF mkt reverses

[13:20] {Threei}  hmm? did we switch in "market never goes up again" mode yet?

[13:20] {pita} in/out STT +13 ty

[13:20] {Threei}  pita :)

[13:20] {nemo} it's tomorrow vad

[13:20] {Threei}  I must have stuck in yesterday's "we never ever pull back again"

[13:21] {nemo} maybe you should have your "good twin" trade every other day :)

[13:21] {Threei}  I would... problem is, no matter how often we duke it out, we can't agree who of us is good one

[13:22] {larisa} you both want to be bad ?

[13:22] {Threei}  how did you guess?

[13:22] {larisa} girls like bad boys :)

[13:23] {Threei}  hmmm... maybe I should take glasses off then

[13:23] {Threei}  and tie

[13:23] {Threei}  and elbow patches

[13:23] {cujo} Vad, double Bottomon KO?

[13:24] {Threei}  doesn't feel right to me

[13:24] {nemo} those plaid pants and striped shirts don't work either

[13:25] {Threei}  market may help it of course but on its own it looks rather breakdownish

[13:25] {cujo} yeah

[13:25] {cujo} thanks. 

[13:25] {pita} reload STT?

[13:26] {Threei}  this one looks right

[13:26] {Threei}  same stop, under .40

[13:27] {cujo} fast 1:1

[13:27] {Threei}  1:1 again

[13:27] {cujo} thanks

[13:28] {Threei}  KO bounced too

[13:28] {Threei}  oh well

[13:28] {cujo} no biggie, have a friend who wants to unload

[13:28] {cujo} i wan'ts looking to get long

[13:29] {magoo} vad..all we looking for is 1:1? i still in

[13:30] {Threei}  mags, no idea

[13:30] {Threei}  market is so sleepy

[13:30] {Threei}  it feels like it's bouncing not really coming out of coma

[13:30] {magoo} ok out here .67

[13:30] {magoo} like 1:1.7

[13:30] {Threei}  when in doubt partial out

[13:31] {magoo} when in doubt..bail oout

06[13:31] * Threei made a piece of poetry and almost dies of extreme pride

[13:32] {Threei}  over 1:2

[13:32] {Threei}  even most stubborn holders must not lose money on it

[13:32] {jmb} thanks vad STT

[13:32] {Threei}  jmb :)

[13:37] {dino} mcd sm l .25

[13:37] {magoo} ill have a big mac please

[13:37] {Threei}  not sure about STT this time

[13:38] {Threei}  leavit it be

[13:38] {nemo} FAZ testing top

[13:38] {Threei}  after what it did to us, I refuse to acknowledge its existence

[13:38] {Threei}  as far as I am concerned, no such thing as FAZ

[13:39] {nemo} fine...FAS testing .85

[13:39] {cujo} same here Vad

[13:39] {nemo} now now boys you're taking this much too personally

[13:39] {cujo} Fas

[13:40] {nemo} Ohh bottom showdown CUJO

[13:41] {nemo} S&P crapping out

06[13:41] * Threei pats himself on tha back for staying away from STT this time around

[13:42] {nemo} looks like the one that can't be named wants to test the range

[13:43] {magoo} its time for my daily here............................drumroll

[13:43] {magoo} this markety BLOEWS

[13:44] {cujo} he he

[13:44] {magoo} we are down 70

[13:48] {Threei}  and never ever are going to go up again

[13:50] {Threei}  STT become a candidate here

[13:51] {Threei}  24 crossback

[13:51] {Threei}  stop under 23.90

[13:51] {magoo} in 24

[13:53] {Threei}  looks good with any market bounce

[13:53] {Threei}  not dropping anymore

[13:53] {Threei}  hopefully no shake

[13:53] {Threei}  over 1;1, half out

[13:54] {Threei}  .95 stop

[13:57] {magoo} AAPl RIMM read vad?

[13:57] {Threei}  HP

[13:57] {Threei}  REPORTEDLY VENEZUELAN OIL WORKERS UNION HAS TAKEN CONTROL OF FOUR HP OIL RIGS

[13:57] {Threei}  can't tell on those

[13:57] {Threei}  1;2 STT

[13:58] {Threei}  out .19

[13:59] {magoo} out here .28 TY boss

[13:59] {Threei}  too soon

[13:59] {Threei}  wtg

[13:59] {dino} that country's a mess

[14:01] {Threei}  hehe... name me one that isn't

[14:01] {nemo} fiji

[14:06] {cujo} stt Vad?

[14:07] {Threei}  looking at how LULU is holding you would think yoga accessories and clothes is an answer to financial crisis

[14:07] {cujo} i am wearing lulu right now...

[14:07] {Threei}  worth secvond try here cujo

[14:07] {Threei}  no chasing

[14:07] {Threei}  bounced fast off 24

[14:07] {cujo} yup

[14:08] {cujo} missed it... 

[14:08] {Threei}  NASDAQ is green still

[14:09] {Threei}  a lot of green techs

[14:09] {magoo} u in LULU?

[14:10] {Threei}  no

[14:10] {Threei}  nor am I in tutu

[14:10] {cujo} i'm in lulu

[14:10] {magoo} u taking yoga?

[14:10] {nemo} scary...I was thinking just that vad

[14:10] {cujo} ha ha

[14:10] {cujo} no

[14:10] {cujo} just comfy pants

[14:10] {cujo} trading attire

[14:12] {magoo} again i ask...aapl rimm?

[14:12] {Threei}  sigh

[14:13] {magoo} u know if u give in and call it..and itswrong...your dead right?

[14:14] {Threei}  so survivor in me says, do not call them

[14:14] {nemo} Geez mags...bite the hand that feeds ya'

[14:14] {magoo} but the badger in me keeps saying ..ask

[14:14] {nemo} scorpion and the turtle

[14:14] {magoo} cujo taught me

[14:15] {nemo} he's a rabid dog!

[14:15] {magoo} whenever i look at porn mkt goes up...so im gonna go sacrifice for ya all

[14:15] {cujo} ha ha ha

[14:15] {cujo} nice

[14:16] {dino} ncit

[14:16] {nemo} wedges on STT and FAS?

[14:17] {Threei}  I can't tell... chart shapes up and reversal but volume doesn't

[14:17] {Threei}  and = as

[14:18] {nemo} yeah, volume on FAS anemic

[14:18] {Threei}  DYAX FDA PANEL: ECALLANTIDE RULED EFFECTIVE FOR ADULTS

[14:18] {Threei}  hatled

[14:18] {Threei}  from 7 am

[14:22] {hawkfan4} ok Vad, you were supposed to remind me not to make appts in the middle of the day :)

[14:22] {Threei}  I was?

[14:23] {Threei}  see... you assume I remember anything about anyone

[14:23] {hawkfan4} :) no.  i covered GS short at 88.30 right b4 i left, and sold FAZ at 50.60, uggg

[14:25] {Threei}  lol

[14:25] {Threei}  I want to warn people from Nigeria who might be watching our show, if you get any emails from Washington asking for money, it's a scam. Don't fall for it - Jay Leno

[14:28] {hawkfan4} lol

[14:30] {nemo} you finished yet Mags?

[14:32] {Threei}  I am taking PALM swing trade here

[14:32] {cujo} long or short?

[14:32] {Threei}  long

[14:32] {nemo} I thought he was making a crack about Mags

[14:34] {cujo} in the swing trade

[14:35] {dptl} have a good evening all...leaving early...

[14:35] {cujo} see ya

[14:36] {Threei}  take care dp

[14:42] {magoo} vad mkt powering up jhere

[14:42] {magoo} candidates boss

[14:43] {Threei}  one more pullback in order... STT closer to 24 is candidate

[14:45] {Threei}  .10 break if stays above 24

[14:46] {Threei}  changes to 24 break if holding above 23.90

[14:46] {nemo} If FAS holds @ .55 is STT a candidate?

[14:47] {dino} cryp

[14:48] {Threei}  CRYP

[14:48] {Threei}  MOVING HIGHER ON REPORT IN FT SUMMARIZING COMMENTS FROM BARNEY FRANK LAST WEEK ABOUT BRINGING BILL FOR LEGALIZING ONLINE GAMBLING IN THE US

[14:49] {Threei}  half out

[14:50] {Threei}  GIGM another one on the same headline

[14:51] {nemo} How's IGT doing?

[14:51] {nemo} not well

[14:55] {nemo} I wonder if Obama's compensation controls are kaiboshing the financials?

[14:57] {Threei}  brightest minds will leave?

[14:58] {Threei}  for greener pastures?

[14:58] {Threei}  good riddance if you ask me

[14:58] {magoo} big jump

[14:59] {pita} late for day job - thanks again KS, see y'all tomorrow.

[14:59] {Threei}  take care pita

[14:59] {cujo} c'ya

[15:01] {Threei}  FORMER FED CHAIR VOLCKER: NEED REGISTRATION FOR HEDGE FUNDS AND PRIVATE EQUITY FUNDS, FNM AND FRE CANNOT ULTIMATELY BE A PRIVATE/ PUBLIC MIX

[15:04] {Threei}  BAC CEO: JAN PERFORMANCE 'ENCOURAGING', NOTES WILL NOT TAKE YEAR END PERFORMANCE COMPENSATION 2009 - MEMO DATED 2/2

[15:04] {Threei}  - Remarked that the Board has endorsed the strategy and direction

[15:06] {magoo} c'mon vad...youare missing the greatest spike of the new year here lol

[15:06] {Threei}  this??

[15:06] {Threei}  lol

[15:07] {Threei}  your standards really dropped low

[15:07] {magoo} ell put eh?

[15:07] {magoo} ell=well

[15:07] {Threei}  ell too

[15:09] {Threei}  STT does teleportation dance

[15:09] {nemo} You thinking Palm C&H Vad?

[15:09] {Threei}  it's scalpable but there is no way to call it in time

[15:09] {nemo} not Rosie mags

[15:09] {Threei}  on daily you mean?

[15:09] {nemo} no swing

[15:09] {Threei}  ummm

[15:09] {Threei}  C&H on what chart?

[15:10] {nemo} six month daily

[15:10] {Threei}  well, that one would have too high breakout

[15:10] {Threei}  although yes, it plays a role in general idea of what this stock does

[15:11] {nemo} wouldn't it be above 8..stone's throw

[15:11] {Threei}  my idea of this trade is rather smaller C&H,

[15:11] {Threei}  forming from 01/16

[15:11] {Threei}  with rim at 8.30 - 8.40

[15:12] {nemo} 2/2 base of handle

[15:12] {Threei}  taking aggressive entry on this pullback

[15:13] {Threei}  {nemo} 2/2 base of handle - right

[15:13] {Threei}  break of the rim should take it to 9 at least

[15:14] {cujo} wow, its moving

[15:14] {Threei}  against market, no less

[15:14] {Threei}  no news that I see

[15:14] {cujo} 9 here we come

[15:15] {Threei}  lol

[15:15] {nemo} had that ascending triangle, where'd that volume spike come from

[15:16] {Threei}  don't know... but something's brewing here

[15:16] {Threei}  one of the reasons I want to be in aggressively:

[15:16] {Threei}  thing is expecting news from Best Buy and Sprint on their smartphone,

[15:17] {tomg} which stock, vad?

[15:17] {Threei}  and if that comes overnight, it will just open with gap

[15:17] {magoo} cat scratch fever crankin here

[15:17] {Threei}  PALM, tom, swing trade from .80

[15:17] {tomg} ty

[15:17] {nemo} what, figure no downside if no news

[15:18] {cujo} u think it will come back to .80 tomorrow?

[15:18] {Threei}  to be ready for this trade for a week already, wake up and see it opening at 9?

[15:18] {Threei}  ummm

[15:18] {Threei}  cujo... don't make this widespreade and very common mistake assuming that I think

[15:19] {cujo} sry :)

[15:19] {Threei}  you should be... I almost feel insulted

[15:19] {Threei}  seriously though, no idea... see,

[15:19] {Threei}  it's in a wasiting position,

[15:19] {Threei}  waiting

[15:19] {cujo} got ya. 

[15:19] {Threei}  for news, for market support etc

[15:19] {Threei}  no news and market drops - it will retreat

[15:20] {cujo} any price that would get you to sell before close of day today short of 9?

[15:20] {Threei}  how far and for how long - anyone's guess

[15:20] {larisa} sry is sorry for lazy? I wish I did not know russian :)

[15:20] {Threei}  today? nah

[15:20] {Threei}  lol larisa

[15:21] {Threei}  mags.. so much for that bounce of the century {G}

[15:21] {larisa} erasing yest 'ally

[15:22] {nemo} up a day down a day

[15:22] {Threei}  STT is a player again though

[15:22] {nemo} 23.90?

[15:24] {Threei}  it's not a technical play... can't name the price

[15:25] {nemo} Great :(

[15:25] {Threei}  observe it to get the rhytm of these teleportations up and down

[15:25] {nemo} although it touch .90

[15:26] {Threei}  CRYP continues...

[15:26] {cujo} i have an order resting at .87 nemo

[15:26] {Threei}  GIGM too

[15:29] {magoo} DINOOOOOOO..make the call{3:40}

[15:29] {nemo} you mean 'ally

[15:29] {dino} up

[15:31] {dino} wcrx

[15:33] {Threei}  GIGM goes for a break it seems

[15:33] {magoo} u making a call?

[15:34] {Threei}  only if you are extremely adrenaline-deprived

[15:34] {Threei}  this is not a stock for faint hearts

[15:34] {magoo} in

[15:34] {nemo} Magoo likes bungee jumping

[15:34] {Threei}  did it break yet?

[15:35] {magoo} oops

[15:35] {larisa} lol

[15:35] {Threei}  not only you want super-risky stock, but you also want it aggresively

[15:35] {Threei}  sigh

[15:35] {magoo} well hared to watch while in GS GOOG AAPL too

[15:35] {Threei}  oh boy

[15:36] {nemo} Geez mags and porn too!

[15:36] {Threei}  oops NCX

[15:36] {Threei}  ALBERTA FUND MANAGER CONFIRMS NOT PROVIDING FINANCING TO NCX

[15:36] {magoo} porn off..system crashed

[15:37] {Threei}  CANADA FIN MIN FLAHERTY CONFIRMS G7 DISCUSSION TO INCLUDE ASIAN CURRENCIES, ASK FOR CNY TO APPRECIATE

[15:37] {Threei}  easy way to fix trade imbalance eh?

[15:38] {Threei}  how do you like these PALM spikes?

[15:40] {dino} wcrx drop

[15:42] {dino} ironic, because it purchased the mr big cream

[15:42] {_vinthombre} vad- how far PALM could go?

[15:42] {Threei}  anyone played STT off 24?

[15:42] {hawkfan4} i did vad, sold .19

[15:42] {Threei}  hawk :)

[15:42] {Threei}  PALM... IF, if it does what I envision, 9 at least

[15:43] {_vinthombre} thanks

[15:43] {Threei}  it has big resistance to break at 8.30 - 8.40

[15:43] {Threei}  please realize the dangers of overnight hold, respect them and size position accordingly

[15:43] {_vinthombre} got it, thx

[15:44] {Threei}  using Livermore's words... keep it down to sleeping level :})

[15:44] {_vinthombre} very true

[15:44] {Threei}  'cause you know... he who goes for a killing is the first one to get killed

[15:44] {dino} ffch div. cut, blood

06[15:44] * Threei is unusually deep today

[15:44] {nemo} yep, first strike is a master shot

[15:44] {Threei}  way beyonbd normal "tree good, fire bad"

[15:45] {dino} fortune favors the bold

[15:46] {Threei}  ???

[15:46] {Threei}  you sure??

[15:46] {dino} darkness lies one inch ahead

[15:46] {Threei}  I always thought it was bAld

[15:46] {dino} lol

[15:46] {larisa} threei, usually you say something and wait for others to compliment you, do not do it yourself :)

[15:46] {dino} then i am in trouble, not balding here

[15:46] {Threei}  you destroy the very core of my beliefs dino :(

[15:46] {nemo} and in the immortal words of Frank Zappa "Whatch out where the huskies go"    Dino you want to finish

[15:47] {Threei}  wow larisa... that's how it's done?

[15:47] {larisa} usually :)

[15:47] {Threei}  jeez, I learn so much today

[15:47] {dino} dk that one

[15:47] {Threei}  my whole world comes down crashing

[15:48] {larisa} magoo would say : beauty boss. means you did somefing right

[15:48] {Threei}  naaah... that's just him hitting on me

[15:50] {Threei}  look at BAC

[15:50] {Threei}  this is baaad

[15:50] {hawkfan4} berry bad

[15:51] {Threei}  even if market starts kind of compartmentalizing, isolating financials... BAC crash is really bad

[15:51] {dino} c is going to catch it

[15:51] {cujo} time to start buying gold bars?

[15:52] {Threei}  that's not my area of experise... I don't understand gold :)

[15:52] {cujo} or taking cash out and putting it in mattress?

[15:52] {dino} it's a shiny metal 3i, whats to know?

[15:52] {dino} chick's dig it

[15:52] {Threei}  lol

[15:53] {cujo} chicks to dig it... 

[15:53] {cujo} do

[15:54] {dino} so the new patttern under obama, 1 out of 5 days/week dji rises

[15:54] {larisa} lol

[15:55] {dino} seems to be

[15:57] {larisa} Cisco, visa report after hours

[15:58] {Threei}  well guys... not overly active day but positive

[15:58] {Threei}  and thanks to dino and larisa I learned a lot of new things

[15:58] {Threei}  about life

[15:58] {Threei}  thaank you all, have a good evening

[15:58] {Threei}  see you tomorrow

[15:59] {larisa} bye :)

[15:59] {dino} anytime vad

[15:59] {hawkfan4} u 2 vad, thx

[15:59] {cujo} ha ha ha.  Thanks Vad.  Have a good one. 

[15:59] {cujo} catch you all tomorrow.

[16:00] {Threei}  btw

[16:00] {Threei}  if you haven't gotten enough of wisdom from high above for the day

[16:00] {Threei}  FOUNDER GATES: NEXT 3-4 YEARS WILL BE 'VERY TOUGH' FOR THE US ECONOMY

[16:00] {hawkfan4} i feel smarter already

[16:01] {Threei}  AKAm

[16:01] {Threei}  REPORTS Q4 $0.44 V $0.40E, R $212M V $206ME