January 28, 2008

Session Start: Mon Jan 28 00:00:00 2008

Session Time: Mon Jan 28 00:00:00 2008

[05:49] {cosmo} MILE offers $292M in shares
[05:51] {Threei} Good morning
[05:53] {dptl} good morning all
[05:54] {Threei} dp :)
[06:03] {Threei} SPWR
[06:03] {Threei} INITIATING SOLAR POWER PILOT PROJECT IN CONJUNCTION WITH WAL-MART IN CALIFORNIA
[06:03] {Threei} - The store is the first of seven Wal-Mart facilities in California to receive high-efficiency solar power systems, totaling 4.6MW, and is part of a major purchase of solar power from SPWR and other solar power providers for approximately 22 Wal-Mart stores, Sam's Clubs.
[06:03] {Threei} - The stores included in the pilot project are expected to achieve
[06:04] {Threei} savings over their current utility rates as soon as the first day of operation.
[06:05] {cosmo} now, they need to sell some...
[06:06] {cosmo} cheap
[06:07] {esemde} morning rt's
[06:07] {Threei} ese :)
[06:09] {_windbreaker} GM
[06:09] {Threei} hi windbreaker
[06:11] {_windbreaker} do you guys trade futs here?
[06:11] {Threei} not as a primary vehicle
[06:11] {_windbreaker} okey
[06:12] {dino} gm all
[06:13] {Threei} dino :)
[06:13] {Threei} this whole thing with french rogue trader looks stranger by day
[06:14] {esemde} can anyone make s heads nor tails of it .....
[06:14] {Threei} it gets spinned as if he almost caused whole selloff around the world
[06:15] {Threei} or at least contributed to it to a degreee that made it such bigg selloff
[06:15] {esemde} I noticed that comment in CBS marketwatch yesterday...
[06:15] {dino} rumor has it the rogue trader had a subscription to realitytrader
[06:16] {magoo} morning rt
[06:16] {Threei} I am torn between "no comment" and denial sprinkled with feigned outrage
[06:16] {Threei} mags :)
[06:17] {esemde} now THAT!!!!!! was funny......
[06:17] {esemde} you need to up his subscription rate Vad
[06:17] {_pith} is hacking part pf the curriculum?
[06:17] {esemde} I hope so.........
[06:17] {cosmo} its upper division, i think
[06:18] {Threei} why ese, I am fine as long as he dccs me his trades...
[06:19] {dino} loles
[06:20] {Threei} I don't have much to say at this point guys, let's see how opening unwinds
[06:20] {Threei} in general, I feel bear contnues this week
[06:20] {Threei} we have fed approachinbg
[06:20] {Threei} (again)
[06:21] {Threei} and this hysterical emergency cut set all kinds of expectations for the meeting,
[06:21] {Threei} maybe 50 pts, maybe 75 again
[06:21] {Threei} whatever they do, market will be disappointed, IMO
[06:22] {cosmo} i expect a one point cut tonite.... during the speach
[06:22] {Threei} cosmo ups ante
[06:23] {Threei} me, I am patiently waiting for the day rates go negative and bank starts paying me for taking out the loan
[06:24] {Threei} so far, general idea seems to be, short the rallies
[06:25] {Threei} breakdowns don't generally work as nicely in bear market as breakouts do in a bull one
[06:25] {Threei} aggressive shorts off rallies is better way to go
[06:25] {Threei} not without its own challenges of course
[06:26] {Threei} laser users, you have indices quotes?
[06:27] {Threei} don't answer all at once
[06:28] {dptl} not here
[06:29] {Threei} OK, ty
[06:30] {Threei} DJI - 170, is it correct?
[06:31] {magoo} no
[06:31] {Threei} seems excessive vs SP and COMP
[06:31] {magoo} up 35
[06:31] {dptl} no
[06:31] {Threei} OK, thought so, ty
[06:31] {magoo} but mine wrong, dino said
[06:31] {esemde} no mine says + 34
[06:32] {Threei} watching AAPL for short on bounce
[06:32] {Threei} 127 support to break
[06:33] {magoo} u watching qid at all?
[06:33] {Threei} broke with no bounce... no entry, waiting
[06:33] {Threei} not at the open mags
[06:33] {magoo} k
[06:34] {Threei} AAPL, small shares short on spike over .50
[06:34] {Threei} stop above 128
[06:34] {Threei} offering .75
[06:35] {Threei} too optimistic probably
[06:35] {lumdus} gm all.
[06:35] {Threei} lum :)
[06:35] {magoo} in .47
[06:35] {Threei} stop above .80 mags
[06:35] {Threei} and you got over 1:1
[06:36] {Threei} over 1:2 even
[06:36] {Threei} I mean 1:3
[06:36] {magoo} ouy here .72
[06:36] {Threei} whatever... cover half at least
[06:36] {magoo} OUT
[06:36] {Threei} in full?
[06:36] {esemde} watchin JRCC...
[06:36] {magoo} yes
[06:36] {Threei} OK, wtg
[06:36] {magoo} half lot
[06:36] {Threei} me was too greedy
[06:36] {Threei} on entry that is
[06:37] {magoo} i was watching your entry, but saw qqq tanking so went for it
[06:38] {Threei} KLAC
[06:38] {Threei} want bounce to short
[06:38] {magoo} klac hasn't been cooperating vad
[06:38] {Threei} no but we tried breakdown
[06:39] {Threei} I am staying away from those today
[06:39] {magoo} u the boss..just remember last 2 tries we did no go
[06:39] {dino} wag s .98
[06:39] {lumdus} athr
[06:39] {dino} stop is .33
[06:41] {Threei} KLAC short .09, stop .21, half lot
[06:42] {Threei} if breaks .20 before troggering, looking for entry above .30 with stop .51
[06:42] {dino} cov wag .66, +.32
[06:43] {magoo} mkt bounce imo
[06:43] {bruce} nice start dino -
[06:43] {dino} no
[06:43] {dino} ty bruce, no magoo
[06:43] {dino} glw l, somewhwhere bruce
[06:43] {magoo} its starting right here
[06:43] {magoo} just a bounce call
[06:44] {dino} wow, spelled that wrong
[06:44] {Threei} NASDAQ strength still
[06:44] {Threei} .39 short KLAC if stays below .50
[06:44] {Threei} if breaks resistance leaving it alone
[06:45] {dino} de all over again
[06:46] {Threei} invalidated KLAC, off screen
[06:46] {magoo} {hellava bounce call mr magoo}
[06:47] {cosmo} ACOR
[06:47] {cosmo} wants 26
[06:48] {dino} hey norbit (magoo) get back to work
[06:49] {esemde} JRCC bstop 1/2 11.61
[06:49] {Threei} watching QID for bounce scalp
[06:50] {bruce} matr short vad?
[06:50] {Threei} no read bruce, not my cup of tea
[06:50] {bruce} k
[06:51] {esemde} long JRCC .60 stop .30
[06:51] {dino} missed glw
[06:51] {Threei} QID, .06 long
[06:51] {Threei} stop under .90
[06:51] {bruce} was tough to see entry in it dino
[06:52] {dino} was at .65, got to .68, ugh
[06:52] {Threei} if loses .85, looking for entry closer to 50.50
[06:53] {magoo} in
[06:55] {Threei} half out
[06:55] {Threei} scalpers know what to do
[06:55] {Threei} for holders, stop to .99
[06:56] {esemde} stopped...look away fro one second BAST............30 - .30
[06:56] {dptl} out+.17 ty
[06:56] {Threei} welcome dp
[06:57] {magoo} out here .31 TY
[06:57] {Threei} :)
[06:57] {esemde} oh sure now go up ........
[06:58] {Threei} my stop to .05 for the balance, still trying to get another spike
[06:58] {Threei} me lazy and greedy
[06:59] {magoo} so am i..but i so lazy..don't wanna watch it any longer
[07:00] {Threei} *DEC NEW HOME SALES: 604K V 647KE
[07:01] {dino} wag s .00
[07:02] {Threei} market true to form still
[07:02] {Threei} shakeouts all around
[07:02] {magoo} nice strategy adjustment today vad
[07:02] {Threei} abandoning attempts to get more out of it, back to scalping
[07:02] {magoo} as in..shorting the spikes
[07:03] {Threei} we just hadn't had true bear market in a long while, I had to remember how to trade it
[07:04] {dino} play it like a friday mkt, scalp 'em all
[07:04] {magoo} ever adapting
[07:04] {magoo} we are like the borg
[07:04] {Threei} we sure are... who is borg?
[07:04] {magoo} star trek
[07:05] {dino} resistance is futile
[07:05] {cosmo} get ready for the implants...
[07:05] {magoo} they constantly adapt to weapons so after 1 strike..weapons no longer effectrive
[07:05] {Threei} QID .42 long, .24 stop
[07:06] {magoo} qid question..does it ever run amok from naz?
[07:06] {Threei} from?
[07:06] {Threei} or with?
[07:06] {magoo} as in disconnect its correlation
[07:06] {Threei} no
[07:06] {Threei} it can't
[07:07] {magoo} thats my question..it can't
[07:07] {magoo} cool
[07:07] {Threei} well, unless some rogue trader somewhere plays another scapegoat :)
[07:07] {dino} i see ldk back to 38
[07:07] {Threei} half out QID, scalpers know what to do
[07:13] {Threei} stop to .35
[07:13] {Threei} offering above .90
[07:14] {lumdus} IN MLNM 15.17 STOP 15.12
[07:14] {lumdus} sorry caps
[07:14] {dino} cov wag .88, +.12, stuck
[07:15] {Threei} better than poke in the eye
[07:15] {lumdus} 1:1 in mlnm
[07:15] {Threei} nice spike lum
[07:15] {lumdus} 1/2 out .35
[07:16] {lumdus} i think we have much more to go for today in mlnm . very nice
[07:18] {esemde} nice one LUM
[07:19] {dino} gj lum
[07:19] {Threei} CSIQ .35 short stop above .50
[07:19] {Threei} ugh, not in short list
[07:19] {Threei} never mind
[07:20] {Threei} and invalidated anyway
[07:20] {Threei} just how many things could go wrong with single stock
[07:21] {dino} syna l .43
[07:23] {lumdus} in dna 68.75
[07:25] {lumdus} stop on dna 68.59
[07:29] {lumdus} dan, time to blastoff
[07:29] {lumdus} dan = dna
[07:31] {Threei} RIMM long .06 small if holding above .80
[07:31] {lumdus} in rimm .08
[07:32] {Threei} 1:1 in a hurry
[07:32] {lumdus} stop ?
[07:32] {lumdus} out .28 +.20
[07:32] {lumdus} tx vad nice one .. keep the good work running ..
[07:32] {Threei} look at setup structure lum
[07:32] {Threei} "if holding above .80"
[07:32] {Threei} that gives you stop placement
[07:33] {lumdus} i though .92 would be the stop once i am in ..
[07:33] {Threei} by chart yes, but this is RIMM
[07:33] {Threei} gotta account for its natural volatility and pad a stop
[07:33] {Threei} to minimize chance of shakeout
[07:33] {lumdus} ok thanks
[07:34] {Threei} long again RIMM.56
[07:34] {Threei} stop under .40
[07:35] {Threei} 1: 1 reached
[07:35] {Threei} out .80
[07:35] {lumdus} out .87
[07:35] {Threei} good reflexes
[07:35] {lumdus} tx again
[07:35] {Threei} welcome
[07:36] {lumdus} it got it .57 .. so had to get some more
[07:36] {lumdus} dna stop to 68.6 5if it don't go now , it wont go
[07:38] {Threei} QID short .85
[07:38] {Threei} stop above 51
[07:38] {Threei} inval;dated
[07:39] {lumdus} Vad, ALL nice setup ?
[07:39] {lumdus} if it breaks of course
[07:40] {Threei} 51.08 if stays above .95
[07:43] {magoo} aapl short vad?
[07:43] {Threei} lol
[07:43] {Threei} TREASURY'S RYAN: INVESTORS SHOULD NOT BE OVERLY RELIANT ON RATINGS AGENCIES - CNBC
[07:43] {Threei} no?
[07:44] {lumdus} too funny
[07:44] {Threei} not sure mags
[07:45] {lumdus} short all 51.03 stop 51.08
[07:46] {lumdus} oh, crap
[07:46] {Threei} not sure I understood that entry lum
[07:46] {Threei} no breakout, no breakdown
[07:46] {Threei} why take a guess
[07:46] {dino} sm l de .50, wide
[07:46] {lumdus} vad, had alot of resistence
[07:47] {Threei} yes but hadn't broken support either
[07:47] {lumdus} isn't that a valid trade when there is so much resistance to short it.
[07:47] {lumdus} hmm, ok that is my mistake i guess
[07:47] {Threei} resistance by itelf is not indicative
[07:47] {Threei} break of it is
[07:47] {lumdus} a break of .95 would have been the right trade
[07:47] {Threei} just as support by itself means not more than a level to watch
[07:47] {Threei} it's what stock does with resistance or support that gives you a trading setup
[07:48] {lumdus} so .95 break would have been valid short ?
[07:48] {Threei} yes
[07:48] {Threei} just as .08 was valid long
[07:48] {dino} hod's
[07:49] {lumdus} ok tx vad
[07:50] {bruce} ceph long setup?
[07:51] {Threei} chart is right...
[07:51] {Threei} I would perfer market to pull back a bit
[07:52] {Threei} don't want to enter long after this move up
[07:52] {bruce} k
[07:52] {Threei} better see how it's holding while market pulls back to evaluate the relative strength
[07:53] {Threei} now if market breaks out, get CEPH aggressively
[07:53] {Threei} with nice tight stop under .15
[07:54] {Threei} no strength still
[07:54] {magoo} qid long here vad?
[07:55] {Threei} got invalidated without causing unnecessary stop, CEPH
[07:55] {bruce} yep
[07:56] {Threei} watching mags, no confidence yet
[07:56] {bruce} may find support at 67.10
[07:56] {magoo} k
[07:58] {Threei} looks like .51 long if stays above .30
[07:59] {Threei} keep .29 stop mags
[07:59] {bruce} \with futures out what are you using to call qid vad?
[07:59] {Threei} this entry if works seems to be capable of more than 1:1
[08:00] {dino} out de .00, +.50
[08:00] {Threei} just chart bruce
[08:00] {bruce} k
[08:00] {bruce} thanx vad
[08:01] {bruce} iyf dino
[08:03] {dino} ishares, not sure bruce
[08:03] {magoo} stopped
[08:04] {dino} glw l .15, stop .89
[08:05] {lumdus} bpop breaking 12.00
[08:05] {dino} de, i should've held on
[08:06] {lumdus} a beautiful 5 day chart for bpop.
[08:06] {lumdus} wonder if dna will ever move for me.
[08:08] {dino} never lum, never
[08:08] {lumdus} i agree
[08:08] {dino} sort of like my syna trade, 3 cents give or take
[08:09] {dino} fcsx
[08:10] {Roman} GOLD bouncer
[08:10] {Roman} in
[08:11] {lumdus} out 1/2 bpop .18 + .18 rest stop 11.99
[08:12] {bruce} wag looks weak dino
[08:12] {Threei} what are you looking for on bounce Roman?
[08:12] {Threei} just a scalp or more?
[08:12] {Roman} .50 cents
[08:12] {dino} looks it bruce, but doesn't really move
[08:13] {bruce} k
[08:13] {magoo} still reading qid vad?
[08:13] {Threei} backed off for now mags
[08:14] {Threei} a bit unclear
[08:15] {lumdus} look at all go - dumb mistake. slap please ?
[08:15] * magoo slaps lumdus around a bit with a large trout
[08:15] {lumdus} tx. so far a .70 mistake. hope someone else took it from the group.
[08:16] {Threei} lum, let me offer you general philosophical approach to this kind of setups
[08:16] {Threei} instead of trying to think of it in terms of chart, support, resistanc etc,
[08:16] {dino} flip a coin
[08:16] {Threei} think of it this way:
[08:16] {lumdus} listening
[08:16] {Threei} don't guess what stock is going to do,
[08:16] {Threei} don't tell it what to do,
[08:16] {Threei} allow it to tell you what to do
[08:16] {Threei} and listen to it.
[08:17] {Threei} in this case, it was willing to tell you what to do by breaking this way or that
[08:17] {Threei} sometimes it will lie to you
[08:17] {Threei} by telling you what to do, then reversing
[08:18] {Threei} but on grand scheme of things, it will be truthful more often than not
[08:18] {dino} cut glw -.05, not moving
[08:18] {lumdus} ok get it
[08:19] {dino} probabilities.....indeed
[08:20] {bruce} good idea dino - eneded up getting hit for full stop
[08:21] {dino} sorry bro
[08:21] {bruce} it happens - was thinking of early exit too - oh well
[08:22] {Roman} GLD is making highs
[08:22] {Roman} watching DROOY
[08:22] {dino} i like it around 22.65-.70
[08:23] {lumdus} roman, gold ?
[08:23] {bruce} pps long vad?
[08:24] {Roman} lumdus, i am still in gold
[08:24] {Roman} small with a stop 46.70
[08:25] {Roman} it for some reason disconnected from other gold plays
[08:25] {lumdus} ok roman. i am not in it, just watching your plays
[08:26] {Roman} DRYS
[08:26] {Threei} that's one worrd chart bruce
[08:26] {Threei} wierd
[08:26] {Threei} no idea
[08:27] {bruce} k vad
[08:38] {Roman} long DRYS super small
[08:38] {Roman} 59.32 area small
[08:39] {Roman} waiting for 59.6 break
[08:40] {bruce} in drys .25
[08:42] {Threei} QID long .21
[08:42] {Threei} stop under 50
[08:42] {dino} hurn spike\
[08:42] {magoo} in
[08:44] {Roman} stopped GOLD
[08:44] {Roman} -.50
[08:45] {bruce} stopped drys - .40
[08:46] * Threei slaps LaserDave1 around a bit with a large trout
[08:46] * magoo slaps LaserDave1 around a bit with a large trout
[08:46] {Threei} man, we are slow today mags
[08:46] {magoo} monday vad
[08:47] {LaserDave1} hey everyone
[08:47] {Chaeron} hi Dave
[08:47] {LaserDave1} nice to see you guys as wel
[08:47] {Threei} yes but 16 min between his entry and our greeting?
[08:47] {LaserDave1} howdy
[08:47] {Roman} out DRYS
[08:47] {Roman} -.30
[08:47] {LaserDave1} hope weekend was good for everyone
[08:48] {Threei} 1:1 QID
[08:48] {magoo} that all u looking for?
[08:49] {Threei} we are in lunch time... just no idea, anything can happen
[08:49] {Threei} even earlier attempts to hold half didn't work
[08:49] {Threei} why would they now
[08:53] {Threei} you took it mags or trying to hold?
[08:54] {magoo} holding
[08:54] {Threei} good luck, rooting for you
[08:55] {bruce} nvda short vad?
[08:55] {Threei} seems so
[08:56] {Threei} will depend on market of course
[08:56] {Threei} but trade is valid
[08:56] {magoo} out .50 TY
[08:56] {Threei} welcome sir
[08:56] {Threei} this is something like 5 for 6 today, or 4 for 5... me satisfied
[08:57] {dino} gj
[08:57] {Threei} ty
[08:59] {dino} artc spike
[08:59] {dino} hmsy drop
[09:00] {dino} darn, can't borrow atrc
[09:06] {dino} chtt sm, s .00
[09:08] {Threei} you took NVDA bruce?
[09:09] {bruce} yes vad
[09:10] {Threei} watching QID for long entry if pulls back into .50 area
[09:11] {magoo} feel mkt down?
[09:12] {Threei} looks like
[09:16] {dino} syna stopped -.24
[09:24] {magoo} anyone try arca today?
[09:24] {magoo} quotes good?
[09:24] {Threei} looks OK so far
[09:25] {magoo} ty
[09:25] {esemde} my view of the market is that it's the end of month/beginning of month mutual fund buying to be followed by resumtion of indexes heading down
[09:27] {dino} not my view es, but anytyhing can happen
[09:28] {esemde} how do you see it dino
[09:28] {dino} lots of my friends are complaining about losing money, don't see a lot of buying by joe 6 pack
[09:29] {dino} but who knows, who cares...traders trade, thats what we do
[09:29] {Threei} CKEC is at it again
[09:29] {esemde} i don't have a fundamental reason just the old adage....an object in motion deal....
[09:30] {dino} np, don't take anything personally
[09:31] {dino} in the end it doesn't matter, imo
[09:31] {esemde} heck no man........respect your opinion big time....
[09:32] {dino} same here
[09:33] {dino} chtt stopped -.26, ave.
[09:36] {Threei} anyone took QID off .50?
[09:36] {magoo} no, did u?
[09:36] {Threei} got distracted in dcc, missed moment
[09:37] {Threei} did exactly what I called earlier
[09:38] {Threei} just don't chase
[09:38] {Threei} entry of rallies is the way to handle this market
[09:39] {Threei} breakdwons will offer more shakeouts than wins
[09:39] {esemde} what do you mean by entry of rallies Vad
[09:40] {esemde} in indexes or stocks?
[09:40] {esemde} buy on pullbacks
[09:40] {Threei} no, short off bounces
[09:41] {Threei} when it comes to QID, it's long off pullbacks of course
[09:41] {esemde} a ha..
[09:42] {bruce} wft vad - any read?
[09:42] {dino} sigm l .80
[09:43] {Threei} not really bruce
[09:43] {bruce} k
[09:43] {dino} lol bruce
[09:44] {dino} oopps, thought you said wtf vad
[09:44] {Threei} that was my first thought too
[09:44] {Threei} but I looked closely just as I was unholstering the trout
[09:45] {bruce} sheesh
[09:45] {Threei} lol
[09:45] {dino} great minds think alike, lol
[09:45] {Threei} don't be sad bruce, Copernicus was widely misunderstood too
[09:47] {Threei} see what buying QID break around .80 would do to you?
[09:48] {bruce} you like qid long agqain near .5?
[09:48] {Threei} no, not this time
[09:49] {Threei} 50/50 shot here
[09:49] {bruce} figured - no point making things too predictable
[09:49] {Threei} first time around it was clean pullback in the trend
[09:49] {Threei} this time it's not, trend has stalled,
[09:49] {esemde} i'm otta here ya'll have a good day!
[09:49] {Threei} it's more like establishing range at this point
[09:50] {magoo} wait
[09:50] {Threei} take care ese
[09:50] {magoo} rats
[09:50] {magoo} hes fast
[09:51] {Threei} and as far as range goes, lower limit is about .40
[09:51] {Threei} so, best trade would be if it breaks down throuigh .40, dives quickly scaring the living daylight out of traders
[09:51] {Threei} and long entry would be in order for the bounce back in the range
[09:52] {Threei} kind of "take side of shakers instead of being shaken"
[09:55] {bruce} k- thanks vad
[09:58] {bruce} takingbreak
[10:03] {Threei} comr on QID
[10:04] {Threei} here is breakdown
[10:05] {dino} sm l spwr .60
[10:05] {Threei} in
[10:05] {Threei} .19 stop
[10:06] {Threei} could take couple tries... but hopefully scared them enough
[10:06] {Threei} ugh, not yet
[10:10] {magoo} what entry u gert long?
[10:10] {Threei} first stopped - 7 cents
[10:11] {Threei} can't nail another one yet, it's jumping up and down with no rhyme
[10:12] {Threei} back in the range
[10:12] {Threei} lol, followed scenarion but I put too tight stop on it
[10:16] {Threei} in
[10:16] {Threei} just want my stop back
[10:17] {Threei} out
[10:17] {Threei} ty QID, we are friends again
[10:29] {Threei} what's with VVUS?
[10:30] {Threei} I see no news
[10:30] {Threei} 52 weeks highs
[10:31] {dino} out sigm .10, +.30
[10:32] {Threei} like teeth pulling dino eh?
[10:32] {dino} yeah, every trade taking forever
[10:35] {lumdus} out rest bpop +.52
[10:36] {dino} gj
[10:36] {Threei} lumdus is embodiment of patience
[10:37] {lumdus} i just ate a big lunch and got back
[10:37] {Threei} great... now I am hungry
[10:40] {magoo} qid long vad?
[10:44] {Threei} probably yes
[10:44] {Threei} as close to .30 as possible
[10:44] {Threei} .24 stop
[10:44] {Threei} first strength from here
[10:45] {Threei} got .27
[10:46] {lumdus} in efii 13.99
[10:46] {Threei} half out.39
[10:47] {Threei} feels like has more than scalp in it this time
[10:47] {magoo} good entry
[10:47] {lumdus} go efii
[10:47] {Threei} and if not, what's my risk for the balance... 3-4 cents
[10:47] {lumdus} out 1/2 .17 rest stop b/e
[10:47] {lumdus} +.17
[10:48] {Threei} nice one lum
[10:48] {lumdus} out rest efii +.27
[10:48] {lumdus} tx boss
[10:49] {Threei} die NASDAQ
[10:54] {Threei} OK QID, I got it
[10:56] {Threei} message is loud and clear: "Scalp and don't even dream of getting a trend"
[10:57] {lumdus} ok sounds good.
[10:58] {lumdus} in txn 30.18
[11:00] {lumdus} stop on txn 30.09
[11:01] {Threei} looking to short QID
[11:02] {Threei} somewhere above .30, on a sign of weakness and only if keeps below .40
[11:03] {Threei} one more spike please QID
[11:04] {lumdus} so maybe we ride the spike
[11:04] {lumdus} in symc 16.76
[11:04] {Threei} in .30 but got just half order filled
[11:05] {lumdus} stop on sync 16.76
[11:05] {Threei} .41 stop
[11:08] {Threei} 1:1 QID
[11:09] {Threei} covered half .13
[11:09] {Threei} would have taken full scalp if I got full lot filled
[11:09] {Threei} but with lousy half under the belt, can just as well see if it's ready to break
[11:11] {Threei} out in full QID
[11:11] {Threei} +.30
[11:12] {Threei} out half swing IDIX
[11:12] {Threei} remember one from two days ago?
[11:13] {Threei} talking to myself I see
[11:18] {lumdus} out symc +.01
[11:18] {lumdus} out txn flat
[11:19] {lumdus} just got bored of not seeing it move when we moving up.
[11:19] {Threei} US TREASURY'S RYAN: EFFECTS OF LACK OF LIQUIDITY ARE TRANSITORY,
[11:19] {Threei} - Will take time to revalue market assets so volatility will continue
[11:20] {dino} why do they feel the need to talk every day
[11:20] {Threei} beats me
[11:20] {Threei} not like they have anything meaningful to say
[11:20] {lumdus} in mro 49.83
[11:21] {lumdus} if this doesn't go then i giveup for sometime
[11:27] {Threei} .99 short QID, .11 stop
[11:28] {Threei} no worky
[11:32] {bruce} not a great day for reversla plays dino
[11:33] {dino} no, not much spiking or collapsing
[11:33] {dino} everything a bit too gradual for my style
[11:34] {bruce} agreed
[11:34] {bruce} typical monday
[11:35] {dino} yeah, i'm up, but under daily
[11:36] {bruce} I'm down again
[11:36] {bruce} apol may be gettign extended
[11:37] {dino} the charts is too gradual imo
[11:37] {bruce} k
[11:37] {bruce} meli?
[11:38] {dino} cacb
[11:39] {dino} can't borrow
[11:40] {bruce} k
[11:40] {lumdus} stop on mro 49.75 needs to run now
[11:40] {dino} exbd?
[11:41] {dino} s .42
[11:47] {bruce} you think .65 stop enough for exbd?
[11:48] {lumdus} out mro 49.75 - .08
[11:48] {lumdus} good night to all done for the day.
[11:48] {bruce} night lum
[11:49] {Threei} take care lum
[11:49] {Threei} VVUS is torturing me
[11:50] {bruce} cof another possible short candidate dino
[11:51] {dino} got booted out
[11:52] {dino} cof is bank, dk, they trde strange lately bruce
[11:53] {bruce} k- thanx dino
[11:58] {dino} bstop to .17 exbd
[11:58] {dino} to .14
[11:59] {dino} to .09
[11:59] {dino} tight, tight tight
[11:59] {bruce} out exbd +.35 small dino
[11:59] {bruce} thanx
[12:00] {bruce} almost back to b/e
[12:01] {dino} gj bruce my stop is .04
[12:01] {dino} cov. 03, +.39
[12:02] {dino} slipped wrong way
[12:02] {dino} ok, back in 10
[12:02] {bruce} k
[12:09] {dino} tson
[12:17] {Threei} long QID for a scalp closer to .70
[12:17] {Threei} missed
[12:20] {magoo} aapl read vad?
[12:20] {Threei} hmmm
[12:21] {dino} ouch meli
[12:23] {Threei} looks ready for a bounce on a wuick sell under .50 mags
[12:24] {magoo} in out
[12:24] {magoo} .67 out .08
[12:24] {magoo} yt
[12:24] {magoo} ty
[12:24] {magoo} too fasr to post
[12:25] {magoo} riomm read vad?
[12:25] {magoo} rimm
[12:26] {Threei} short for scalp
[12:26] {Threei} one more spike is desirable
[12:26] {magoo} i thoght long
[12:27] {Threei} long only if holding above .85 and break 91.03
[12:31] {Threei} did any?
[12:31] {magoo} yes
[12:31] {magoo} .09
[12:31] {magoo} wait .45
[12:31] {Threei} both worked if you are fast as wild west draw champion
[12:32] {magoo} out .45 hewre
[12:32] {magoo} ty
[12:32] {Threei} good one
[12:32] {dino} gj
[12:32] {magoo} im giving u all the easy ones he he to read
[12:32] {magoo} aapl..rimm..qid
[12:32] {Threei} ah thank you
[12:33] {Threei} I appreciate it
[12:33] {magoo} i know u do
[12:33] {Threei} as soon as you request GOOG read I'll know you are so very kind to me
[12:37] {magoo} how about rimm and aapl now?
[12:37] {dino} sm l jaso .00
[12:38] {Threei} feels short on both, long QID accordingly
[12:38] {magoo} u taking any?
[12:38] {Threei} nope
[12:38] {Threei} too good day to do this kind of trades so close to eod
[12:39] {bruce} I missed jaso - stop would hav e been 56.65 or so dino?
[12:39] {Threei} looking for entry is challenging enough in this environment, don't need asditional burden of last 20 min emotions
[12:40] {Threei} you noticed the way I did it today
[12:40] {Threei} not only looked for aggressive entries, but wanted them on price overshooting the reasonable pullbacks
[12:40] {Threei} missed some because of that but winning percentrage on those that got caught was beyond nice
[12:41] {bruce} I see your point vad - lots of moves vilating obvious suppoort level today then reversing
[12:41] {dino} out jaso .30, +.30
[12:41] {bruce} all in all - pretty small moves though
[12:41] {Threei} right, that's what I incorporated in today's entries
[12:41] {bruce} nice dino
[12:41] {dino} ty bruce, you get it?
[12:42] {bruce} no - bid at 00 not filled
[12:42] {Threei} if I wanted to trade, I'd look for QID long on this selling
[12:42] {dino} ok, was watching oih w/it, when oih started up, so did it
[12:43] {dino} damn, out way too soon
[12:43] {Threei} and RIMM short with stop above 92
[12:43] {bruce} got you
[12:43] {dino} wow we just jumped about 60 pts dji
[12:44] {dino} tson, waiting sm at .32
[12:44] {bruce} so jaso tends to follow oih?
[12:44] {dino} solar, oih. delayed, but usually after their initial day setup
[12:45] {bruce} hmm k
[12:47] {Threei} couldn't help myself, got .22 QID
[12:47] {Threei} out .37
[12:47] {dino} wwin
[12:47] {dino} thin
[12:47] {magoo} i dicked your aapl sh call, went long .05 exited .64
[12:49] {bruce} does the dji pop create a shorting opportunity dino?
[12:49] {Threei} you see the clock bruce?
[12:49] {Threei} just making sure you haven't lost track of time :)
[12:49] {bruce} good point vad
[12:50] {bruce} hanging up hat
[12:50] {Threei} easy to do getting caught in the excitement
[12:50] {Threei} then scream "turn those machines back on"
[12:51] {dino} no bruce
[12:51] {dino} for me, its' easier to short/long, individual stocks, rather than index
[12:52] {dino} alxn
[12:53] {Threei} OK guys, done for the day
[12:53] {bruce} k - but sounds like you use index to get advance idea of direction change
[12:53] {Threei} turned out quite nice one
[12:53] {magoo} ty vad
[12:53] {dino} yes bruce, exactly
[12:53] {dptl} have a good evening all
[12:53] {Threei} albeit not very easy but profitable
[12:53] {Threei} have a good evening, see you tomorrow
[12:54] {dino} i watch oih, dji, $ndx all day right w/the stocks i'm interested in
[12:54] {dino} cya vad
[12:54] {dino} cya dp
[12:55] {dino} cx tson, no time
[12:57] {dino} ok, thats all for me, thx for ideas

January 25, 2008

Session Start: Fri Jan 25 00:00:00 2008

Session Time: Fri Jan 25 00:00:00 2008

[05:41] {esemde} morning Vad, dp hawk jm patience and raven
[05:41] {dptl} good morning all
[05:42] {Threei} Good morning RT
[05:42] {esemde} how are things in your neck of the woods dp....are we gonna get snow this weekend?
[05:42] {dptl} i hope not
[05:43] {esemde} said light fluries here...
[05:43] {patience} bite your tongue ese
[05:43] {patience} good morning :)
[05:44] {esemde} ok ok ok......
[05:45] {cosmo} gee... i like snow
[05:45] {cosmo} but... no matter...
[05:46] {Threei} only because you never had to live with it for good 6 months every year :)
[05:46] {cosmo} yeah... one of my fantacies
[05:47] {Threei} you are one twisted man
[05:47] {Threei} unless you mean "one of my nightmares" :)
[05:48] {cosmo} nope ... i'm twisted .... just checked
[05:48] {Raven} FANTASIES !
[05:48] {Raven} Morn !
[05:48] {cosmo} R too:)
[05:49] {Raven} 4.8F with 6 inches of snowpack ... I hate it
[05:49] {Threei} R :)
[05:49] {Raven} T and c :)
[05:49] {Threei} see, R is not twisted
[05:49] {Raven} thx
[05:49] {Threei} his is a normal reaction
[05:50] {cosmo} good base for cross country
[05:50] {Raven} how would you know ?
[05:50] {cosmo} i read alot
[05:50] {Raven} damn hippie surfer
[05:50] {Threei} lol
[05:51] {Threei} btw, I am deeply troubled and somewhat insulted by IDIX not being at $52
[05:51] {Threei} my understanding was that's a given
[05:51] {Raven} wait a week
[05:52] {Threei} kind of agreement... "I buy your shares, you reward me by 47 points gap"
[05:52] {Threei} I did my part
[05:52] {dino} gm all
[05:52] {Threei} dino :)
[05:52] {Threei} can't trust anyone... even the most honest creation in the world, a stock
[05:52] {Raven} hi dino
[05:53] {cosmo} SOLF range pre mkt = 16.90 to 17.20 fyi
[05:54] {esemde} dino
[05:55] {lumdus} good morning all. Hope you had a great day yesterday
[05:55] {Threei} hi lum
[05:55] {cosmo} SYNA beats est... but warns next Q
[05:58] {dino} gm 3i, es
[05:58] {cosmo} AKNS
[05:59] {Threei} CSUN too
[05:59] {Threei} and other solars
[05:59] {cosmo} the whole bunch
[06:00] {esemde} yep....the ole solar screen....she be green....
[06:00] {Threei} that she be
[06:02] {magoo} morning
[06:02] {Threei} magoo :)
[06:02] {dino} oih rockin', solars the way
[06:05] {magoo} vad, any news FSLR today?
[06:06] {Threei} no
[06:07] {magoo} ty
[06:07] {Threei} general sector strength lifts it I believe
[06:07] {hawkfan4} solars up on good earning outlook from WFR and SPWR upgrades
[06:08] {Threei} and oil move as dino scrupulously noted
[06:09] {hawkfan4} and that too :)
[06:10] {Threei} now, I add "and general market exuding happiness", ese adds "indeed", group hug ensues
[06:10] {dino} anyone having connection issues w/;schwab/cyber/st.pro?
[06:11] {Threei} I don't
[06:11] {Threei} but for a very obvious reason :)
[06:11] {dino} a wise guy i see
[06:11] {Threei} sorry... going to my corner
[06:12] {Threei} Raven is already there with his 7 am martini
[06:12] {dino} i just may join him
[06:13] {dino} since i've been kicked out of acct 3x's so far
[06:13] {Threei} bring olives... he is out of them
[06:13] {Threei} wow... sorry to hear
[06:13] {dino} tomolives
[06:13] {dino} oh man, now i'm thinking happy hour
[06:14] {esemde} gotta be last call for RAven....
[06:14] {Threei} as russian saying goes... "one drink in the morning - day of freedom"
[06:15] {esemde} CSUN looks like a promising 1/2 lot at some point
[06:15] {Threei} not very precise translatiuon but the gist is there
[06:15] {Raven} garlic stuffed olives please ...
[06:16] {esemde} in Canada Vad......know as "Barley Sandwiches" at lunch
[06:16] {dino} indeed, plus jalapeono stuffed, mmmm
[06:16] {Threei} lunch??
[06:17] {Raven} feta cheeze stuffed ...
[06:17] {Threei} it's a good half of the day lost
[06:17] {Raven} anchovey stuffed
[06:17] {Raven} sigh
[06:17] {Threei} gosh... what did I start
[06:17] {Raven} heartburn ?
[06:18] {esemde} what can i tell ya......it's a great canadian tradition....we lag historical perspective of russians
[06:18] {Threei} lol
[06:18] {esemde} and tradition!!
[06:19] {Threei} you better catch up because we are not likely to slow down
[06:19] {dino} fightin' words
[06:19] {esemde} Vodka not slowing you down......?????
[06:20] {Raven} {-------- needs more tea (no olives ) ...
[06:20] {Threei} why would it... metabolism increase
[06:20] * Threei slaps LaserDave1 around a bit with a large trout
[06:20] {Threei} magoo, don't sleep at the wheel
[06:21] * magoo slaps LaserDave1 around a bit with a large trout
[06:21] {esemde} thats the name of great Texas band "Asleep At The Wheel"
[06:21] {magoo} can't believe hes up
[06:21] {Threei} me too
[06:21] {Threei} rare chance to slap him before market open
[06:22] {Threei} couldn't let you miss it
[06:22] {magoo} anyone watching grmn, rimm, aapl this morn
[06:22] {esemde} Great tunes....There Ain't Nobody Here But us Chickens"
[06:23] {esemde} there ain't nobody here at all...
[06:23] {esemde} now stop that fuss
[06:23] {esemde} come on with us
[06:23] {esemde} there ain't nobosy here but us.....!!!!
[06:24] {esemde} great tune
[06:24] {esemde} anybody on this board from Texas
[06:27] {Threei} keep an eye on COIN
[06:28] {LaserDave1} i am here real early and i still get the trouts
[06:28] {LaserDave1} thanks guys
[06:28] {Threei} always
[06:29] {dino} vprt, syna
[06:30] {Threei} looking for COIN pullback entry
[06:31] {Threei} half lot 11 long if stays above 10.70
[06:32] {Threei} or aggressively before the break to have tighter stop
[06:32] {magoo} arca quotes ok ?
[06:32] {Threei} so far yes
[06:34] {Threei} take scalp COIN
[06:34] {Threei} market is too weak
[06:36] {lumdus} nvls holding strong so far
[06:37] {lumdus} 3i, nvls hold up above 25 and break 25.10 long ?
[06:38] {lumdus} didn't hold .. scratch it
[06:38] {Threei} lost support
[06:39] {dino} scsc
[06:40] {dino} sm s .75, stop .13
[06:40] {bruce} stop coin -.39
[06:41] {Roman} LEN was nice swing alert yesterday
[06:41] {Roman} i am out
[06:41] {Threei} bruce?
[06:41] {dino} stopped -.38
[06:41] {Threei} it gave enough time to exit with small profit when market started dropping, I slerted
[06:42] {Threei} RIMM small shares bounce entry, closer to 97 or under
[06:47] {magoo} rimm follow naz?
[06:47] {Threei} mostly yes
[06:47] {dino} scsc s .48 sm last try
[06:52] {dino} bstop to .85 scsc
[06:53] {dino} cov scsc ave .85, +63
[06:53] {Threei} RIMM short small shares, stop above 98
[06:54] {Threei} NQ should make it work if breaks 1850
[06:54] {Threei} if not, stop is tight enough
[06:54] {Threei} not so far
[07:01] {lumdus} l
[07:03] {lumdus} is today options expiration ?
[07:03] {dino} ibm fall
[07:03] {magoo} no, 3rd friday of month
[07:07] {dino} abfs
[07:07] {dino} s .50 stop .88
[07:08] {dino} to .21
[07:08] {dino} stopped +.29, abfs
[07:09] {lumdus} way to scared to trade today.
[07:10] {dino} trade when you are shaking lum, get scared when you are calm
[07:10] {lumdus} hmm.. let me think about that
[07:11] {dino} take you time...:)
[07:11] {lumdus} let me try short nok
[07:11] {esemde} AARRRBABABA.......
[07:11] {esemde} ARBA......for those of you that don't speak my language
[07:11] {dino} ahhh
[07:12] {dino} s abfs .68, stop .90
[07:12] {dino} didn't expect it
[07:15] {Threei} BEAV lon g 41.05 half lot if stays above .90
[07:15] {dino} rocm
[07:15] {esemde} ARBA i like it...but no clear signal to get in.... just kinda goin up slowly
[07:16] {dino} stopped abfs
[07:16] {dino} -.30 slippage
[07:18] {bruce} nasty slippage dino
[07:18] {dino} yeah, it happens, but what can ya do
[07:18] {dino} better to be out imo
[07:18] {bruce} yes
[07:19] {bruce} any read sivb vad?
[07:19] {dino} we are scalp mode today bruce, it's friday
[07:19] {lumdus} vad, so is it not a good trading environment so far .. or you rebooting ?
[07:19] {Threei} 47 break worth as try bruce, small shares
[07:19] {Threei} rebooting?
[07:20] {Threei} you lost me lum
[07:20] {lumdus} i didn't know if you where online ..
[07:20] {Threei} see list onb the right?
[07:20] {bruce} k dino
[07:20] {lumdus} i got it
[07:21] {dino} i like rocm s somewhere, waiting at .94, but most likely high
[07:22] {dino} seic
[07:22] {Threei} IDIX finally remembered it's on a mission
[07:22] {dino} too fast
[07:23] {dino} mkt coming down, s rocm .29, stop .53
[07:26] {lumdus} dino, i have no read. i'll scalp .15 - .20 today.
[07:26] {dino} ?ok?
[07:26] {dino} scalpers fridays, always lim
[07:26] {dino} no read here either, just reactions
[07:27] {lumdus} so friday is scalpers day ?
[07:27] {dino} yesssssssssss
[07:27] {dino} for me
[07:31] {magoo} dow red
[07:32] {dino} not here
[07:33] {dino} tighten bstop rocm
[07:34] {Threei} watching COIN for entry for bounce scalp
[07:35] {Threei} .93 half lot
[07:35] {Threei} .75 stop
[07:36] {magoo} in vad
[07:36] {magoo} .92
[07:36] {dino} cov rocm .06
[07:37] {dino} +.23
[07:39] {Threei} need little market help and crossing back over 10
[07:39] {magoo} reason i hit .92 is its a jumper, i keep missing entry
[07:39] {magoo} but needs mkt
[07:39] {Threei} yeah
[07:40] {magoo} like 11 trigg, it shot .90 thru 11.15
[07:40] {dino} -200 today
[07:40] {dino} because nobody else thinks so
[07:41] {esemde} Outta here early today ya'll have great weekend....should be an up week next week if the market finishes up today...keep the fingers crossed
[07:41] {Threei} have a good one ese
[07:41] {dino} cya es
[07:41] {esemde} see ya
[07:42] {dino} lod dji
[07:43] {lumdus} dino, you gutsy out there.
[07:43] {dino} ?
[07:43] {lumdus} -200 ?
[07:43] {Threei} his forecast for DOW
[07:44] {dino} predictions are worthless lum, doesn't matter who makes them. just stating the obvious, nobody thinks we go down.
[07:48] {dino} bmrn drop
[07:48] {dino} insw
[07:48] {dino} thin
[07:50] {dino} aapl
[07:53] {Threei} TASR 10.82 long
[07:53] {Threei} .69 stop
[07:54] {Threei} disregard
[07:54] {Threei} looking at its intaday today, it jumps opff pullbacks and fails breaks
[07:54] {Threei} let's better look for entry if drops into .70
[07:57] {Threei} shhh
[07:57] {Threei} missed
[08:00] {dino} nihd
[08:01] {bruce} you suggestng scalping tasr between .6 and .75 vad?
[08:01] {Threei} that was the opportunity at the moment bruce
[08:01] {Threei} doesn't mean that's what is going to happen again, market changes
[08:02] {Threei} general idea of scalping it off pullbacks
[08:02] {bruce} k
[08:06] {dino} nihd l .68, stop lod
[08:09] {bruce} aapl dino?
[08:10] {dino} i have alot of trouble w/aaple bruce.....but, imo, it needs mkt help to go up
[08:10] {dino} wow abfs, glad the stop worked
[08:11] {bruce} k
[08:13] {dino} nile
[08:16] {dino} nihd stop to .88
[08:17] {dino} out nihd +.20
[08:17] {dino} l syna, risky, .80
[08:18] {dino} stop is .49
[08:20] {Chaeron} Good morning all
[08:20] * magoo slaps Chaeron around a bit with a large trout
[08:20] {dino} dji green
[08:20] {Threei} chaeron :)
[08:21] {Chaeron} thanks magoo, heyya3i
[08:22] {dino} gm ch
[08:22] {Chaeron} heya dino
[08:22] {dino} tighten syna to .57
[08:24] {dino} stopped -.23
[08:25] {bruce} -.20 for me dino
[08:26] {bruce} watch it go long on us now
[08:26] {dino} yeah
[08:26] {bruce} anyway - prefer stops prior to lod
[08:26] {bruce} rinses smaller
[08:26] {dino} i had 500, so tighter, should've went 300\
[08:27] {dino} but, scalping, so.......
[08:27] {bruce} gonna watch it for double bottom
[08:27] {dino} let me know
[08:27] {dino} -51
[08:28] {dino} vprt s .51, stop .81
[08:30] {dino} nihd?
[08:31] {dino} vprt stopped .79, -.28
[08:33] {Threei} KLAC half lot short
[08:33] {Threei} stop above .20
[08:34] {dino} nihd l sm .37
[08:35] {Threei} invalidated
[08:36] {Threei} closer to .50 is another level to watch
[08:39] {Threei} in
[08:39] {Threei} .55 stop
[08:44] {lumdus} scalping .10 - .15 all day . not even trying for more
[08:44] {dptl} mpel?
[08:44] {Threei} not really breakout day dp
[08:44] {dino} smart
[08:45] {dptl} ok
[08:47] {Threei} no go KLAC
[08:47] {dino} ibm sm l .90
[08:49] {dino} tricky today, just when you think.....
[08:51] {patience} one trade so far, SDS. Got frustrated with range bouncing. Sold +.02. Not impressed.
[08:51] {dino} no follow thru either way
[08:54] {bruce} syna looking better dino
[08:55] {dptl} bpop?
[08:57] {_pith} sold 10,000 bushells corn @ 5.014
[08:57] {_pith} just wanted to participate :)
[08:58] {Threei} now corner cotton market!
[08:58] {_pith} :) not cotton country here
[08:58] {dino} too late, i am at .30 syna, no fill
[08:58] {dino} who's that jesse livermore
[08:59] {lumdus} ok, i got a whole trade... in adbe 35.48
[08:59] {Threei} RIMM .30 long small
[09:00] {magoo} in
[09:00] {Threei} stop under 95
[09:01] {magoo} feels like mkt gonna xplode UP..just a feel
[09:02] {dino} nihd stop to .77
[09:02] {lumdus} smagoo, this is a damm frustrating day for me.
[09:02] {Threei} 1:1 RIMM
[09:03] {dino} gj
[09:07] {dino} pepperoni is an under-rated meat
[09:07] {bruce} lol dino
[09:08] {dino} eating it w/cheese
[09:08] {bruce} you forogt the tomatoes
[09:08] {dino} y
[09:08] {bruce} and should have had mags grill it for you
[09:08] {bruce} even better that way
[09:08] {dino} low carb for awhile
[09:08] {bruce} k
[09:09] {dino} out nihd ave .77, +.40
[09:09] {bruce} yep - cheese and peperoni is pretty low cal
[09:09] {dino} 10 lbs down in 3 weeks
[09:10] {bruce} good progess
[09:10] {bruce} you gave up beer?
[09:10] {_pith} wife went to pick up the lamb we had butchered...mmmm , lamburgers
[09:11] {dino} lite beer
[09:11] {bruce} oh
[09:11] {dino} mmmm
[09:11] {bruce} that sucks
[09:11] {Threei} he adds ground beef in it bruce
[09:11] {bruce} the lite beer that is
[09:11] {Threei} calls "beer with beef twist"
[09:11] {bruce} lol
[09:11] {bruce} can anything save lite beer?
[09:11] {patience} pith, where are you that you have lamb
[09:12] {_pith} farm ranch in eastern CO
[09:12] {dino} sweet
[09:12] {_pith} lamb breaks up the constant diet of beef
[09:12] {patience} i grew up eating lamb, we get it on salt spring island
[09:14] {Threei} I tried to think what I grew up on, and realized I never did
[09:14] {patience} bought dow puts (daw p mar 123)
[09:14] {_pith} eat or grow up?
[09:15] {Threei} grow up
[09:15] {_pith} :)
[09:17] {dino} all from pepperoni
[09:19] {bruce} dv dino
[09:23] {dino} hmmm good earnings, must be missing something
[09:23] {Threei} it's missing zest to live
[09:23] {_pith} If windfarm negotiations go thru, I hope to be trading soon. not as much fun watching everyone else, though I'll probably still watch for couple of weeks till I get the feel again.
[09:26] {dino} dv sm .05, wide
[09:26] {dino} l
[09:26] {dino} lmia
[09:33] {aimm} lmia
[09:35] {dino} ccix
[09:36] {bruce} wow - thats a spike
[09:36] {lumdus} short rimm 95.06 stop 95.19
[09:36] {dino} can't borrow
[09:36] {lumdus} i really shouldn't but it looks damm weak now
[09:37] {lumdus} +.17 on rimm !!
[09:37] {dino} careful
[09:38] {lumdus} in l celg .55
[09:38] {lumdus} just looking for pennies dino.
[09:38] {bruce} glad it worked lum
[09:39] {dino} oh sorry lum, thought you ment ccix
[09:40] {bruce} wow - cix
[09:40] {bruce} you able to catch the short in ccix dino?
[09:41] {lumdus} dino, just something for trying. i am actually thinking to stop trading on Friday. rough time all the time and walk home with peantus
[09:42] {dino} couldn't borrow it bruce
[09:42] {dino} lum, in summer, i quit at lunchtime
[09:42] {dino} on fridays that is, cut the lawn
[09:43] {lumdus} yeah, i can't sit doing this on a Friday .. never make more then a few pennies.
[09:43] {patience} vision of dino on his rid em mower with beer in hand on fridays
[09:43] {bruce} k dino
[09:43] {bruce} yeah
[09:43] {bruce} lite beer too
[09:43] {bruce} yeck
[09:43] {dino} lol
[09:44] {dino} i like them all
[09:45] {bruce} k
[09:46] {dino} my mower does have a beer holder, problem is it shakes it up too much, mixed drink better
[09:47] {dino} eng
[09:47] {bruce} makes sense
[09:47] {bruce} with a lng straw
[09:50] {dino} sm risky s eng .84, wide
[09:53] {LaserDave1} magoo dcc please
[09:54] {lumdus} rimm might be a nice short again.
[09:56] {dino} dv stopped -.38
[09:57] {dino} -110
[09:57] {dino} 100
[09:57] {bruce} sorry dino
[09:58] {lumdus} rimm working like a seek little boy
[09:58] {dino} np, part of the game
[09:58] {dino} watch
[09:58] {lumdus} out rimm + .47
[09:58] {dino} cov eng .40, +.44
[09:58] {lumdus} yes, something working finally
[09:58] {dino} gj lum
[10:00] {dino} nihd?
[10:02] {lumdus} i really should stop .. but ..
[10:02] {lumdus} short amzn 78.16
[10:04] {lumdus} stop .33 not working here.
[10:04] {dino} aapl at yesterdays lod
[10:04] {Threei} looking at it for short too
[10:04] {Threei} hopefully on bounce
[10:05] {lumdus} vad you feel market going down now ?
[10:06] {Threei} feels this way... but not without bounces
[10:06] {lumdus} yeah, i felt like a bouncing ball all day today
[10:07] {lumdus} i need amzn to drop heavily , it looked good but now ouch
[10:08] {Threei} short AAPL small stop above 132
[10:09] {dino} dv actually held well, may re-load
[10:09] {Threei} covered .40
[10:09] {Threei} +.39
[10:11] {dino} sm l nihd .21
[10:11] {dino} stop lod
[10:12] {lumdus} vad look like a genius .. in /out and done
[10:12] {Threei} that's the theme for today
[10:12] {dino} dv l .00
[10:12] {dino} sm, wide
[10:12] {lumdus} sure looks like it.
[10:15] {patience} vad, scalping should be good in over next 2 weeks if one of my fav reporters is correct http://www.nypost.com/seven/01242008/business/you_should_be_wary_of_this_market_reboun_412433.htm
[10:16] {Threei} reading
[10:20] {Threei} good one, ty
[10:21] {Threei} if that market bounce was really plunge protection team's work, we are going down big time
[10:21] {Threei} which will be a very good thing for us
[10:23] {lumdus} vad, a day like today i don't see any trends working. I am watching now wb, looks like the best short in th
[10:23] {lumdus} the world. you think it will work ?
[10:23] {lumdus} WB
[10:24] {Threei} I don't think lum...
[10:24] {Threei} I simply trade when I see a good setup
[10:24] {Threei} then market tells me whether it's profit or stop
[10:25] {Threei} WB looks fine
[10:25] {Threei} I'd prefer short on bounce
[10:25] {Threei} closest resistance is .60
[10:25] {lumdus} i don't think i am taking anything yet .. just watching
[10:26] {Threei} if it bounces closer to .60, I'd watch for first sign of weakness to short
[10:26] {lumdus} let me know if you get in
[10:26] {Threei} if market plunges without bounce from here, .34 short trigger
[10:26] {Threei} but with stop weing above .60, size should be controlled
[10:26] {dino} ofor 2 dv, stopped done w/it
[10:27] {bruce} stopped dv - .56
[10:28] {Threei} if it loses .30, move stop to above .50
[10:28] {dino} nihd tighten to .98
[10:29] {dino} going for the -200, sheesh
[10:29] {dino} another 230+ range day
[10:32] {dino} nihd stopped .00, -.21
[10:32] {dino} that should not have happened
[10:32] {dino} ok now
[10:36] {Threei} WB 2 cents shy 1:1
[10:38] {lumdus} i got out
[10:39] {Threei} see... no thinking required
[10:39] {lumdus} scared we bounce now
[10:40] {lumdus} yes, in out
[10:45] {lumdus} how about cof .. looks tempting on a small bounce maybe
[10:45] {lumdus} if it stays below 46.09
[10:45] {Threei} toughie
[10:46] {lumdus} yeah, but when it falls it does so nicely. very tempting .. hold me back then
[10:53] {dino} -220 almost
[10:54] {Threei} now 400 ponts bounce will complete tha chaos
[10:56] {patience} ok vad, i need a little pep talk about not dumping a position because i am merely frustrated. SDS is up $2.10 after i sold.
[10:56] {Threei} with your timeframe... don't watch tick by tick :)
[10:57] {Threei} place your stop, place your best case sell
[10:57] {Threei} look once every hour or so
[10:57] {Threei} just to avoid situation when it came to your desired target and reversed couple ticks shy
[10:57] {lumdus} ok, in long the whole market
[11:00] {dino} lmia l .51, sm, stop .09
[11:06] {bruce} taking break
[11:06] {bruce} nasty day
[11:07] {Threei} AAPL short small under .30
[11:07] {dino} you ok?
[11:08] {Threei} with such size of bounce, better look for aggressive entry
[11:09] {Threei} closer to 131
[11:10] {Chaeron} 14:10 01/25 *DJ Tsy Paulson: Confident Stimulus Plan Will Quickly Boost Econ
[11:10] {Threei} uhhu
[11:12] {Chaeron} 14:10 01/25 *DJ FAKE *** Threei's Response To Paulson: " Uhhu "... Markets Rebound On Threei's Candor and Insight :)
[11:12] {Threei} lol
[11:12] {Threei} in
[11:12] {Threei} .15 stop
[11:13] {Threei} nope
[11:13] {magoo} poerwing up vad
[11:14] {dino} going flat
[11:14] {Threei} with 7 cents stop, it can do whatever it wants
[11:18] {Threei} who got a coin handy
[11:18] {Threei} toss it, up or down from here
[11:19] {dino} or not, lol
[11:22] {dino} starting to sound like me vad, flipping coins
[11:22] {dino} next thing you'll get an easy buttom
[11:22] {dino} n
[11:23] {dino} 60 pts in blink of an eye
[11:29] {patience} ok, i'm getting in the right head space for a decent market move...gotta get the courage of this guy http://www.youtube.com/watch?v=mKRR9RMmcIQ
[11:29] {dptl} patience, what is your timeframe you trading?
[11:30] {patience} daily, weekly, monthly
[11:30] {patience} i usually look for momo whereever i can find it and adjust timing for each situation
[11:31] {dptl} ok...tnx
[11:34] {dino} monte carlo hotel in vegas big fire
[11:35] {Threei} .80 break long AAPL
[11:36] {Threei} stop under .60
[11:37] {Threei} should break 132 now
[11:37] {magoo} nice read
[11:37] {Threei} quick 1:1
[11:39] {dino} syna
[11:48] {Threei} another coin toss in order - breakdown or bounce
[11:48] {Threei} AS of 2:32 Amex is in a floor wide TRADING HALT.
[11:48] {Threei} what a technology
[11:52] {dino} less is more, just keep the stop
[11:52] {Threei} TRES SEC PAULSON: STIMULUS PACKAGE MAY HELP CREATE 500,000 JOBS THIS YEAR, CHECKS MAY BE MAILED 2 MONTHS AFTER ENACTED
[12:01] {Threei} AAPL long, stop under 131
[12:12] {Threei} RIMM 91.90 short
[12:13] {Threei} invalidated, no aggressive entry
[12:14] {patience} ok dino, might as well get out the mower. the big brokerages must have shut down for the weekend, leaving us at our computers until the close
[12:15] {dino} rally then
[12:15] {Threei} yup
[12:16] {dino} although 15 degrees here, little cold to mow
[12:16] {Threei} left to our own devices we tend to run things up
[12:16] {bruce} forget the mower dino - just grab a beer
[12:17] {cosmo} a warm beer
[12:17] {dino} no kidding, alot of work for neg. $150, unless lmia comes thru
[12:18] {bruce} warm beer?
[12:18] {bruce} yuk
[12:18] {bruce} yuk
[12:18] {bruce} yeck
[12:18] {Threei} california perversion bruce
[12:18] {cosmo} used to be the only way
[12:18] {bruce} down for me too dino
[12:19] {bruce} I recall hearing hat cosmo
[12:19] {dino} 40 min. bruce, and at this point warm beer would do
[12:19] {dino} we missed that dv spike
[12:19] {dino} loaded landsharks that what we need (beer w/tequilla shot
[12:19] {bruce} dv got me
[12:20] {bruce} twice
[12:20] {bruce} syna too
[12:20] {dino} made some on syna
[12:20] {dino} nihd 2/3
[12:20] {dino} ralllly
[12:21] {dino} ok, if lmia holds, back to even
[12:22] {dino} c'mon spike
[12:23] {bruce} you doing Ok today mags?
[12:24] {dino} stop to .77
[12:25] {dino} out lmia slippage up at .80, +.29
[12:26] {bruce} glad it was green for you
[12:26] {bruce} tempted to short dv here
[12:27] {dino} dk, toughy
[12:27] {dino} uyg s maybe
[12:28] {dino} nah
[12:39] {dino} l de .15
[12:41] {Threei} going to call it a day guys, time to chill out after this rollercoaster
[12:42] {bruce} have a good weekend vad
[12:42] {Threei} my feeling (so far) for the next week is, we continue slide down but in more orderly fashion
[12:42] {Threei} will see how it goes
[12:42] {magoo} ty vad
[12:43] {dino} out de .39, +.24 yeah black
[12:43] {magoo} have good weekend
[12:43] {Threei} take care, see you all on Monday
[12:43] {dptl} have a good weekend all
[12:43] {dino} take care 3i
[12:51] {bruce} good thing you took de as scalp dino
[12:51] {dino} yeah, wow
[12:51] {patience} here i was trying to have a snooze and look at the dow
[12:51] {dino} break of 83 i may hit it again
[12:51] {dino} but doesn't look like it will get there
[12:52] {dino} going for lod
[12:52] {bruce} yes - big breakdown
[12:52] {dino} nah, i'm done, no mas
[12:53] {dino} wow look at it
[12:53] {dino} goes 50 cents in a blink
[12:53] {bruce} rimm, goog, aapl
[12:54] {bruce} all the big boys down now
[12:54] {bruce} people bailing before weekend
[12:55] {dino} wait until joe blow gets his monthly statement
[12:56] {bruce} good point
[12:56] {bruce} tehy'll be out soon
[12:57] {bruce} brokers will be phoning people telling them now is time to double up
[12:57] {dino} thinking that, could be a tough february
[12:57] {dino} de going for 83
[12:58] {dino} man, should've bgt
[12:59] {bruce} rimm s still siting at bottom
[13:06] {bruce} bye all
[13:09] {dino} gn all

January 24, 2008

Session Start: Thu Jan 24 00:00:00 2008

Session Time: Thu Jan 24 00:00:00 2008

[05:40] {Threei} Good morning
[05:40] {cosmo} lets hope
[05:40] {Threei} some early activity on SEED, don't see news
[05:41] {cosmo} HGSI
[05:41] {Threei} 3 upgrades
[05:42] {Threei} Bear Sterns, Piper and Baird
[05:49] {dptl} good morning all
[05:50] {magoo} morning
[05:51] {hawkfan4} good morning all
[05:52] {Threei} dp, magoo, hawk :)
[05:55] {esemde} gooooood moooorrrrning!
[05:55] {Threei} ese :)
[05:58] {dino} gm all
[05:59] {esemde} diiiinnnnnoooooo
[05:59] {Threei} dino :)
[06:01] {dino} gm es, 3i
[06:01] {dino} killing solars again
[06:05] {cosmo} SYMC pre mkt high = 16.85 fwiw
[06:06] {esemde} solars still the way of the future...until the star trek transporters and tractor beams finally come on line...hmmmm
[06:07] {Threei} but "beam me up Scotty" sounds much sexier than "ethanol me up"...
[06:07] {esemde} will be investing in them heavily
[06:07] {esemde} for sure!!!!
[06:08] {cosmo} prepare to be assimilated...
[06:08] {Threei} and "ethanol me up: sounds like substance abuse
[06:08] {esemde} or corn me up.....grain me up.......nawww
[06:10] {magoo} resistance is futile
[06:10] {cosmo} exactly
[06:10] {Threei} SEED is climbing still
[06:10] {Threei} COIN uptickming too
[06:10] {Threei} keeping en eye on both
[06:15] {Threei} no news on any of them so I assume it's a market following
[06:16] {Threei} they showed it before... and it's somewhat unusual for momo movers at relatively early stages
[06:20] {esemde} MBRK strep throat drug ok'd by FDA up+2 pts
[06:31] {Threei} that 8.65 bid on SEED was real
[06:34] {bruce} ffiv long vad?
[06:35] {Threei} too jumpy here, can't tell
[06:35] {magoo} when coin was high 9's yesterday, i believe i mentioned 11
[06:35] {magoo} didn't take long
[06:36] {Threei} SEED 8.62 long if stays above .40, careful with size
[06:37] {dino} sm l fslr 156.50
[06:38] {esemde} bstop JADE 3.81 long
[06:39] {magoo} COIN may be the one vad
[06:40] {esemde} JADE bstop invalid
[06:41] {Threei} 11 long if holding above 10.75 COIN
[06:41] {bruce} trow long?
[06:42] {cosmo} solars rising
[06:42] {dino} out fslr 163.50, +7.00
[06:42] {magoo} in
[06:43] {Threei} wierd one bruce, don't know
[06:43] {magoo} coin
[06:43] {bruce} k
[06:43] {dino} tough crowd
[06:43] {Threei} sheesh ANAD
[06:44] {dino} back to my corner i guess
[06:44] {Threei} lol dino
[06:45] {bruce} wow dino huge win - nice
[06:45] {magoo} arca still bad
[06:45] {dino} ibm lod
[06:45] {dino} ty bruce
[06:45] {dptl} out +.21 coin ty
[06:45] {Threei} half out COIN .28
[06:45] {magoo} in seed
[06:46] {Threei} .95 stop for the balance
[06:46] {Threei} welcome dp
[06:46] {magoo} waiting seed .87
[06:46] {magoo} waiting coin .47
[06:47] {magoo} change my mind in a nano sec
[06:47] {Roman} PAAS long setup, slow
[06:47] {Roman} in 36.18 area small
[06:48] {esemde} 1/2 lot long MBRK .26
[06:50] {dino} sm l gs 197.00
[06:51] {magoo} SOLF going
[06:53] {dino} out gs 198.10 +1.10
[06:53] {magoo} COIN 12 looks doable
[06:54] {magoo} waiting .91
[06:54] {Threei} SEED stop to .55
[06:55] {magoo} l solf .35
[06:55] {magoo} wait .74
[06:58] {hawkfan4} just FYI mags, from today: Solarfun Power (SOLF 16.81) prices a 6 mln share ADS offering at $15/ADS...
[06:59] {magoo} oh..ty thats big
[06:59] {magoo} shit
[06:59] {Roman} watching LEN on existing home sales numbers
[06:59] {Roman} due in 1 minute
[06:59] {dino} sm l spwr 65.25
[07:00] {Threei} PEIX is happy for some reason
[07:00] {Threei} *DEC EXISTING HOME SALES: 4.89M V 4.95ME
[07:00] {magoo} out SOLF
[07:00] {magoo} bad trade
[07:00] {dino} out spwr 65.85, +.60
[07:02] {esemde} out MBRK .57 +.31
[07:02] {Threei} dp... will you kill me if I mention AATI?
[07:02] {Roman} THQI
[07:02] {Roman} capit play bidding 16.5
[07:03] {dptl} :)
[07:04] {Threei} market seems to be determined to continue rally
[07:04] {dino} until 2:00 pm
[07:04] {dino} rfr i was waiting at 16.32, :)
[07:05] {Threei} DEMOCRATS AND BUSH AGREE ON TENTATIVE DEAL FOR $300-$1200 TAX REBATES AND BUSINESS TAX CUTS AS PART OF STIMULUS PLAN
[07:06] {Threei} QID short small shares, wide stop
[07:06] {Threei} stop is above .50
[07:07] {dino} gutsy move maverick
[07:09] {magoo} stopped seed
[07:10] {Roman} LEN possible short
[07:12] {Threei} no go QID
[07:12] {dino} gs, ibm negative
[07:12] {dptl} ye stopped
[07:13] {esemde} BKUNA...is this one of them ones that will just explode...
[07:13] {Roman} LEN short small
[07:13] {esemde} 1 min solid against .90
[07:14] {Roman} in. 48 LEN short
[07:15] {esemde} anyone know anything about BKUNA
[07:15] {dino} dji negative
[07:15] {dino} its a bank
[07:16] {esemde} tks
[07:16] {magoo} naz chart roller over
[07:16] {dino} results public today
[07:16] {dino} np
[07:17] {Roman} out
[07:17] {Roman} LEN -.03
[07:18] {dino} spwr sm l 63.70
[07:18] {dino} wide
[07:19] {esemde} man dino that thing bouncesa a buck at a shot
[07:19] {dino} thats why small
[07:20] {esemde} no thats my chart flipping out
[07:20] {esemde} that was weird
[07:20] {dino} oh
[07:21] {bruce} aapl dino
[07:22] {dino} out flat spwr
[07:23] {dino} scared me out
[07:23] {dino} wow aapl
[07:23] {bruce} yes - we missed 135
[07:26] {dino} seriously bruce, aapl is my moby dick. kills me usually
[07:27] {dino} spwr l 63.60 sm wide
[07:27] {bruce} lol
[07:27] {bruce} next time take the tartar sauce dino
[07:28] {dino} lol, spongbob
[07:30] {Threei} *DOE CRUDE: +2.3M V +1.5ME; GASOLINE: +5.1M V +1.4ME; DISTILLATES: V FLAT EST.; UTILIZATION: 86.5% V 87.1%E
[07:31] {esemde} l HGSI .98 bit of an aggressive entry 1/2 lot
[07:33] {dino} spwr stopped -.40
[07:33] {magoo} more down
[07:34] {dino} oih moving back up, watch solars
[07:34] {magoo} sheesh..eratic
[07:36] {dino} indeed, patterns not recognizable right now for me
[07:36] {dino} avtr bruce
[07:37] {dino} thin
[07:37] {bruce} wow - 70 spread
[07:37] {bruce} no kidding
[07:37] {bruce} you see it as a long?
[07:37] {bruce} I have no feel for it whatever
[07:38] {dino} now spwr goes, lagging
[07:39] {dino} oih rockin'
[07:40] {dptl} ese ...whre is your stop hgsi?
[07:44] {Threei} GOLD small shares long .35, stop under .10
[07:45] {Threei} if loses support before triggering, will be interesting again closer to 47.50
[07:46] {patience} bought VLO for swing trade
[07:47] {dino} you will be rewarded
[07:50] {Threei} CONGRESSIONAL AIDE: WIND AND SOLAR TAX CREDITS WILL LIKELY NOT BE IN STIMULUS DEAL
[07:52] {dino} avtr sm l .85
[07:52] {dino} risky, wide, jumpy
[07:54] {dptl} stopped gold
[07:54] {Threei} ?
[07:55] {Threei} I don't see it losing support
[07:56] {dptl} i see .09 bids
[07:56] {Threei} .10 never gave up
[07:56] {dptl} it was prob my turned off arca at .10 ...damnn
[07:56] {Threei} ah
[08:01] {Threei} now it did
[08:01] {magoo} vad, mkt feell here?
[08:01] {Threei} none
[08:01] {bruce} a couple bucks for avtr stop dino?
[08:01] {Threei} aimless wandering
[08:02] {dino} don't let it hurt you bruce, i was way off on it
[08:02] {dptl} crazy gold
[08:03] {dptl} .60 print?
[08:03] {Threei} out of bounds
[08:03] {Threei} total wierdo, don't know how Roman trades it, lol
[08:05] {bruce} it's looking better now dino
[08:06] {Threei} IDIX
[08:06] {Threei} tough one and requires a lot of patience
[08:06] {Threei} 5 seems to be worth a try
[08:07] {bruce} drat - stopped
[08:07] {esemde} have a great day everyone...still long HGSI...had an upgrade so i'm gonna let it ride the rest of the day...take care
[08:07] {dino} i am small on it, but the thinness got us, sorry
[08:07] {Threei} take care ese
[08:08] {esemde} see ya vad
[08:08] {bruce} I traded itsmall dino
[08:08] {dino} damn stopped
[08:08] {bruce} just wish I got your 6 buck win this am
[08:11] {dino} it was a lucky hit bruce. count on 2/day
[08:11] {dino} avtr going to turn now it looks, sheesh
[08:11] {dino} ivgn drops again
[08:12] {dino} ogrrrr above stop
[08:12] {bruce} yes - noticed exactly that - about 2 biggies per day
[08:12] {dino} y
[08:13] {dino} solars trying to rally a bit
[08:13] {dino} gs lagging badly
[08:13] {dino} aldn spike
[08:14] {bruce} shhesh gold - you manage to hold it thru that downtick vad?
[08:14] {Threei} no
[08:14] {bruce} choppy pos
[08:16] {dino} lol
[08:19] {bruce} investors just upset the aapl cart dino
[08:21] {dino} wow
[08:24] {dino} gs
[08:26] {bruce} I like gs long
[08:30] {dino} me too, wanted 195.35
[08:30] {dino} didn't get it
[08:31] {dino} a bit distracted here. so slowing down
[08:32] {bruce} wow - would have been great entry
[08:33] {bruce} I was thinking .50 entry after it broke .65
[08:35] {dino} 196.50?
[08:36] {dino} i see 195.50
[08:37] {dino} i have to stop for awhile, closing in in 1 1/2 hrs, atty. screwed up settlement statement
[08:37] {dino} now bugging me
[08:37] {dino} cavm just spiked
[08:37] {dptl} idix stop?
[08:37] {Threei} under 4.80 for now
[08:37] {bruce} 195.50
[08:38] {bruce} no way 196
[08:38] {dptl} ty
[08:39] {Threei} 4.84 will do too
[08:39] {dino} ok
[08:40] {dptl} in 5.01
[08:40] {dino} if dji goes so will gs, imo
[08:42] {Threei} HGSI climbing for ese
[08:43] {Threei} if IDIX takes 5.10 dp... and it should... gotta be a good one
[08:43] {dptl} ok ...
[08:44] {LaserDave1} dcc dptl
[08:44] {Threei} lately, after it takes major resistance levels it tends to go for real, and overshoot sane targets
[08:44] {Threei} uh oh
[08:44] {Threei} dptl in troubles
[08:45] {Threei} and I did tell him not to hack warren buffet account and invest it all in IDIX
[08:47] {Threei} QCOM worth a try here
[08:47] {Threei} first sign of strength, pullback entry
[08:47] {Threei} stop .39
[08:47] {Threei} .55 my trigger
[08:48] {Threei} if holding above .40 of course
[08:49] {Threei} disregard
[08:49] {Threei} trades like cow on ice
[08:50] {bruce} lol
[08:50] {bruce} good one vad
[08:50] {Threei} IDIX on the other hand...
[08:54] {dptl} should we moove our stop?
[08:55] {Threei} 4.89...
[08:55] {Threei} I don't want to overtighten it, IDIX sometimes becomes a wierdo
[08:55] {dptl} ok..
[08:55] {Threei} and this slow accumulation looks really good
[09:00] {dino} vlcm
[09:02] {dino} thqi l .00, stop .73
[09:05] {dino} 1/1 bruce you on your own
[09:09] {bruce} o0ut
[09:09] {dino} gj
[09:09] {bruce} thanx dino
[09:10] {bruce} bsc looks short - looks like your kind of trade mags
[09:12] {dino} out thqi .25, +.25
[09:13] {Threei} CKEC
[09:13] {Threei} don't see news
[09:13] {dino} maybe another paris video
[09:15] {dino} hmm, will it spike to 6ish
[09:16] {dino} cavm
[09:22] {dino} cavm sm s .57
[09:22] {dino} stop .81
[09:22] {bruce} for a great entertainment treat
[09:22] {bruce} go see "Cows on Ice"
[09:23] {bruce} it's a moooving experience
[09:23] {Threei} lol
[09:23] {bruce} bring your own hay
[09:23] {dino} lol
[09:25] {bruce} has mags joined vad in coma today?
[09:25] {dino} yeah, not hearing much out of him
[09:26] {magoo} eating lunch
[09:26] {bruce} bet hes worried about new vad tax
[09:26] {magoo} not today i'm not
[09:26] {magoo} downb
[09:27] {bruce} ah - sorry mags
[09:27] {magoo} u know how it goes
[09:29] {bruce} yeah - bad month overall for me
[09:32] {dino} hang in there
[09:33] {dino} cov cavm .35. +.22
[09:35] {dino} too soon
[09:39] {bruce} de dino
[09:39] {magoo} mnkt feeol vad?
[09:40] {Threei} no idea
[09:40] {Threei} ups and downs are pretty much random today
[09:42] {dino} gotta hop bruce, but use your gut, you know when. did you get cavm short?
[09:44] {bruce} no - took 20 c out of bsc
[09:44] {dino} ok, good job, up today?
[09:44] {dino} aside from avtr good day
[09:44] {bruce} yuppers - two in row
[09:45] {bruce} crossing fingers
[09:45] {dino} great. ok closing in 154 minutes, back in 45 i hope
[09:45] {dino} 15
[09:45] {bruce} k
[09:45] {bruce} taking break here too
[09:59] {Threei} agreement is reached on stimulus plan
[10:00] {Threei} CNBC'S LIESMAN: FED DID NOT KNOW ABOUT SOCIETE GENERALE NEWS BEFORE EMERGENCY CUT
[10:00] {Threei} what's that?
[10:00] {Threei} I am behind fed, I still don't know :)
[10:04] {Chaeron} Roman's not here today... hmmmm... maybe he was on the other side of those huge trades... :)
[10:09] {dptl} ckec?
[10:09] {patience} http://bigpicture.typepad.com/ story on fed and french rogue trader
[10:09] {patience} supposed rogue trader imo
[10:14] {Threei} HOUSE LEADERS AND TREASURY'S PAULSON TO HOLD PRESS CONFERENCE ON STIMULUS PACKAGE AT 1:30 ET
[10:19] {Chaeron} aren't all traders "rogue" Patience? :)
[10:21] {Threei} I think they quote me
[10:21] {Threei} sheer folly and utter irresponsibility it is for the Fed to use its limited ammunition to intervene in equity prices
[10:22] {dino} back
[10:27] {patience} sorry Chaeron, just back....just bought June Yen calls (XDN)
[10:30] {Chaeron} you rogue trader, you....
[10:30] {Threei} CKEC really wants 6 or what
[10:32] {dino} all i find is a special u2 concert movie sceening in feb
[10:33] {Threei} and Rambo coming in jan
[10:34] {dino} lol
[10:34] {dino} de would've worked bruce good spot
[10:41] {bruce} thanx dino
[10:41] {bruce} just got back
[10:42] {dino} ckec, vad i'm thinking short it
[10:42] {Threei} tempting
[10:42] {Threei} but still holding and even getting some buys
[10:42] {dino} the buyers are fools, lol
[10:43] {dino} setiously tho, i am waiting at 6.42
[10:43] {Threei} oh
[10:43] {dino} seriously
[10:43] {Threei} if it goes that high, I'll be with you :)
[10:45] {dino} thats why i am there, it shouldn't but anything can happen
[10:46] {Threei} STIMULUS PLAN: HOUSE SPEAKER PELOSI: 117M FAMILIES TO GET TAX REBATE CHECK UNDER PLAN, GSE LIMIT UP - WIRE CITES DOCUMENTS- FNM FRE conforming loan limts to rise to $625,00 from $417,000 for one year
[10:47] {bruce} aapl short?
[10:48] {Threei} you OK with stop over 134?
[10:48] {dino} for one year fnm? then crush 'em again?
[10:48] {magoo} i like aapl long
[10:49] {bruce} sure - can just adjust for size
[10:49] {dino} aapl been holding the support, imo, don't know about short
[10:49] {Threei} whole rescue plan starting with fed cuts feels like doomed exercise in futility to me, dino
[10:49] {Threei} and will backfire badly
[10:50] {bruce} a bear market is overdue
[10:50] {dino} avtr big bounce, thin toughy
[10:50] {bruce} we had that big rally hat went right thru summer last year
[10:51] {dino} agree 3i, except i think rate cuts would handle the whole problem....this other stuff is politics, election year here
[10:51] {dino} avtr a builder, tol, etc. they may bounce on this
[10:52] {dino} seems so
[10:52] {Threei} maybe careful and calcutated rate cuts... not this knee-jerk reaction to masrket fluctuations
[10:52] {dptl} same stop on idix ,Vad? .89
[10:52] {dino} yeah 2 bucks avtr, sheesh
[10:53] {Threei} we may have different timefreames on it dp... if it doesn't break today I am willing to hold it
[10:53] {Threei} if you aren't, trail to .94
[10:54] {dptl} ok
[10:54] {Threei} my stop is still at .84
[10:55] {Threei} and I was hesitant to move it there from .79 even :)
[10:55] {dino} agree 3i, but in the end none of it matters...markets will do what they want. time is the hell we all live in
[10:58] {Threei} the only difference I have is,
[10:58] {Threei} I don't believe they can improve things with their interventions
[10:58] {Threei} but I believe they can and do make things worse
[10:59] {Threei} you know what road is paved with best intentions...
[11:00] {dino} however, short term the easiest fix is to re-inflate, deflation is a far worse chaos risk at this point
[11:00] {dino} especially in election year
[11:00] {dino} enough tho. i am done
[11:00] {Threei} fork?
[11:01] {dino} lol
[11:01] {Threei} :)
[11:02] {magoo} bruce, that was a good short read on aapl
[11:02] {bruce} thanx mags
[11:02] {Threei} you did it bruce?
[11:02] {bruce} didn't take it -
[11:03] {bruce} trust mags judgement over my own
[11:03] {bruce} so let it pass
[11:04] {magoo} sorry bro
[11:04] {bruce} no problem - appreciate your input
[11:05] * Threei unholsters trout and hands it to bruce - appreciate magoo with this, will ya
[11:05] {bruce} lol
[11:05] * bruce slaps magoo around a bit with a large trout
[11:05] {bruce} yeah - good point vad
[11:05] {bruce} what WAS I thinking?
[11:06] {bruce} looking for more of those big point moves now mags
[11:07] {Threei} 6 on horizon, CKEC
[11:07] {dino} trust your gut bruce
[11:07] {Threei} and has this smell of inevitability
[11:07] {dino} ckec?
[11:07] {dino} opps
[11:08] {bruce} algt dino
[11:09] {Threei} see 5 100 shares prints at 6.05 CKEC?
[11:10] {magoo} i wonder if IF BIDU wants 300 today?
[11:11] {magoo} magnate thought vad
[11:11] {dino} airline, oih up
[11:11] {magoo} mkt dependant tho
[11:11] {Threei} yeah... and I have very hard time judging market direction today
[11:12] {bruce} long algt .48
[11:16] {magoo} fslr going green
[11:16] {dino} stop?
[11:16] {magoo} dam missed it
[11:16] {magoo} was watching all day
[11:17] {bruce} .15 stop dino
[11:20] {dino} nice, i was waiting at .42
[11:21] {bruce} k
[11:21] {bruce} looks like it might work
[11:22] {bruce} stop to .40
[11:23] {dino} s ckec sm .95, stop .21
[11:28] {Threei} a lot of drek floating closer to surface today... CSUN, AKNS, HOKU
[11:30] {dino} usna
[11:35] {bruce} you get usna short dino?
[11:36] {dino} n
[11:36] {dino} thgt one more spike
[11:36] {bruce} k
[11:40] {dino} jod's coming
[11:40] {dino} hod's
[11:40] {dino} oih +6.65
[11:41] {dptl} cien?
[11:41] {bruce} half out algt +.30
[11:42] {dino} gj
[11:42] {bruce} thanx dino
[11:42] {bruce} good teacher
[11:42] {bruce} stop to be
[11:44] {Threei} CIEN, I'd try aggressive entry if NQ breaks
[11:44] {dptl} ok
[11:45] {Threei} I completely distrust them all today, prefer tighter stops
[11:46] {dino} ckec tighten to .18 not working
[11:46] {dino} ckec stopped .18, -.23
[11:47] {dino} crazy one
[11:52] {Threei} that Rambo must be really good
[11:52] {bruce} out balance algt =.27
[11:54] {bruce} rambo was my last cat vad
[11:54] {bruce} he wasw one crazy bad nasty kitty
[11:54] {bruce} you wouldn't want to cross him
[11:57] {dino} wrld sm s .33, stop .61
[11:57] {Threei} I wouldn't want to cross real rambo either
[11:57] {Threei} or the actor for that matter
[11:58] {bruce} my cat was the real rambo
[11:58] {bruce} taught that actor everything he knew
[11:58] {Threei} TREASURY'S PAULSON: NO DOUBT ECONOMIC GROWTH HAS SLOWED, STIMULUS PACKAGE WILL NOT CONTAIN FUNDS TO DEAL WITH HOUSING MARKET
[11:58] {Threei} - Notes long term US strength will be refleted in currency
[12:00] {Threei} POT CEO: SEES LITTLE IMPACT FROM US RECESSION FEARS ON FERTILIZER COMPANY
[12:03] {Threei} dino... interested in PRXL?
[12:03] {Threei} let me rephrase that
[12:04] {Threei} may I interest you in some PRXL?
[12:04] {magoo} vad, your feelinhg/ up or down inlast hour
[12:05] {Threei} I am so feelingless today...
[12:05] {Threei} each time when it seems something shapes up, market makes opposite move
[12:05] {bruce} have some wodka vad
[12:05] {Threei} and doesn't even set up for opposite directikon, just floats like piece of you know what in random currents
[12:08] {dino} how could we wrld stopped -.33
[12:09] {dino} i think bruce is right vad, have a shot
[12:09] {Threei} but I can't work after 7th
[12:09] {dino} then have 6
[12:10] {Threei} what do you think I did up to this minute?
[12:11] {dino} prxl? dk, was at bus stop
[12:12] {dino} too strong
[12:12] {Threei} didn't have that last spike yet
[12:12] {bruce} whats work vad?
[12:12] {dino} maybe break of .00
[12:13] {Threei} this is when I use my right hand to support the chin lest I hit keyboard with it, and left hand to keep eyelids open
[12:13] {Threei} it's hard work bruce
[12:13] {bruce} k - sounds like it
[12:13] {Threei} and 7th shot would make it practically impossible
[12:15] {bruce} I can imagine
[12:15] {bruce} after 7th the 8th is just too tempting
[12:15] {bruce} line em up
[12:15] {dino} de
[12:16] {Threei} I rarely am able to count those after 7th, my math abilities don't go that far even before all that hoopla
[12:16] {dino} had some orange stolie over the weekend, quite tasty
[12:16] {magoo} may close red
[12:17] {dino} prxl s .00
[12:17] {magoo} vad, whats the easier trade?
[12:17] {magoo} long or short iyo
[12:17] {Threei} overall? or you mean right now?
[12:17] {magoo} yes
[12:18] {Threei} OK... then my answer is yes as well
[12:18] {bruce} slap him mags
[12:19] {dino} fool the most by closing red, imo, fwiw, was
[12:19] {bruce} I'm a contrarian
[12:19] {bruce} so I'm going to say no
[12:21] {Threei} speaking of floating drek - even ZVUE is up 16 cents
[12:24] {bruce} mnst short on .33?
[12:24] {dptl} you gonna hold idix overnight ,Vad?
[12:24] {Threei} most likely
[12:24] {Threei} but don't let it impact your decision
[12:24] {Threei} our risk tolerance is different
[12:25] {dptl} daily looks good
[12:25] {Threei} and if it gaps to 52 tomorrow, I need to have someone to tease
[12:25] {Threei} for that opportunity I am even willing to be teased if it gaps to .03
[12:25] {dino} looks like its rolling bruce, i'm not in
[12:26] {bruce} me either
[12:26] {bruce} you don't need any reason at all to be teased vad
[12:27] {bruce} we're always happy to oblige
[12:27] {Threei} I know
[12:28] {Threei} CSIQ sudden happiness
[12:29] {Threei} if IDIX manages to digest these offers and finish over 5, my willingness will be reinforced
[12:33] {magoo} bidu 300
[12:33] {Threei} interestingly enough, made it with no help by market
[12:37] {Threei} so far so good IDIX
[12:37] {Threei} take 5.10, go to 5.50 tomorrow, and we are friends
[12:37] {Threei} or gap to 52 and we are friends forever
[12:38] {bruce} why settle for 52?
[12:38] {Threei} I am modest
[12:39] {bruce} we know that already
[12:40] {dino} prxl stopped -.26
[12:40] {bruce} thats why you cover your keyboard with a shawl
[12:41] {Threei} or alternatively, with a shovel
[12:42] {bruce} ah
[12:42] {bruce} I thought the shovel was for the nigerian dollars buried in your basement?
[12:42] {Threei} ORXL spike
[12:43] {Threei} PRXL
[12:44] {patience} blew out VLO position +.58 Don't like the market right now
[12:46] {bruce} still OK win for day trade patience
[12:46] {bruce} congrats
[12:46] {patience} thanks bruce, its all about not risking my little trading pot
[12:47] {bruce} can relate to that
[12:48] {bruce} qid now at lod
[12:49] {Threei} of course... NQ at hod, soooo....
[12:52] {bruce} just testing you vad
[12:52] {bruce} great observation
[12:52] {Threei} how do I fare?
[12:53] {bruce} retests this late in day don't rate a quick reversal scalp?
[12:53] {Threei} can break just as well
[12:54] {bruce} would have to be quick on trigger but I saw a quick 20c
[12:54] {Threei} total coin toos to me bruce
[12:54] {Threei} toss
[12:54] {bruce} k
[12:55] {Threei} here is quick 20 cents in opposite direction
[12:56] {bruce} yep
[12:56] {bruce} pop then drop
[12:59] {Threei} Ok guys, putting IDIX sell for after hours at 51.99
[12:59] {Threei} thank you all, have a good evening
[12:59] {Threei} see you tomorrow
[13:00] {dptl} have a good evening all
[13:01] {dino} gn all, thx
[13:01] {magoo} nite all
[13:02] {bruce} night dino, mags
[13:02] {bruce} vad
[13:06] {Threei} ETFC
[13:06] {Threei} REPORTS Q4 -$3.98 V -$2.90E, R$1.7B V -$1.1BE
[13:08] {magoo} how about softie vad?
[13:09] {Threei} not out yet
[13:09] {magoo} amgn?
[13:09] {Threei} NUVO phase 3 results
[13:09] {Threei} can't understand any single word
[13:10] {Threei} AMGN DENOSUMAB OSTEOPOROSIS STUDY MET PRIMARY AND ALL SECONDARY BONE MINERAL DENSITY ENDPOINTS IN A HEAD-TO-HEAD COMPARISON
[13:12] {Threei} lol, NUVO back down - I guess someone finally managed to decipher the news
[13:13] {magoo} mikes out
[13:14] {dptl} for some reason i can use only arca after hours.....isld not working
[13:14] {Threei} hmmm... works for me
[13:15] {dptl} wierd orders on isld just cancels rightaway
[13:15] {Threei} MSFT spikes
[13:15] {Threei} REPORTS Q4 $0.50 V $0.46E, R$ V $15.9BE
[13:15] {Threei} R$16.37B V $15.9BE
[13:16] {magoo} syna vad??
[13:16] {Threei} REPORTS Q2 $0.60 V $0.58E, R$98.7M V $99.4ME
[13:17] {Threei} - Guides Q3 Rev $76-82M v $86.8Me
[13:17] {Threei} MSFT - Guides Q1 $0.43-$0.45 v $0.44e
[13:17] {Threei} - Guides FY08 EPS $1.85-$1.88 v $1.81e, R$59.9B-$60.5B v $59.44Be
[13:18] {Threei} just scalped MAFTY with ISLD dp
[13:18] {Threei} works like charm
[13:19] {dptl} i can't even put bid or offer it cancels right there
[13:19] {Threei} what does it say?
[13:20] {Threei} as reason for cancel?
[13:20] {dptl} no reason just says order canceled
[13:21] {Threei} weierd... some setting is wrong somewhere
[13:22] {Threei} hit yonder dave with trout and make him make it work
[13:24] {dptl} ye...he sad he'll he'll look at it
[13:25] {dptl} well i hope that idix will gap nicely tomorrow
[13:30] {magoo} SYNA vad??

January 23, 2008

Session Start: Wed Jan 23 00:00:00 2008

Session Time: Wed Jan 23 00:00:00 2008

[05:25] {Threei} Another day, another drop...
[05:26] {_pith} where are future at this morning
[05:27] {Threei} NQ - 63
[05:27] {Threei} AAPL warning kills market this time
[05:28] {_pith} wish I were trading this morning
[05:28] {Threei} isn't it funny... fed intervention, as urgent and as big as it was is rendered totally useless by market after one company report
[05:28] {_pith} market wants to go down..just let it and be done with it
[05:29] {Threei} but nooo... we need to cut down rates to zero, preparing the next destabilizing cycle
[05:29] {Threei} giving birth to another bubble, who knows in which indistry this time
[05:30] {Threei} this whole concept of series of tightening, then cuts, then tightening...
[05:31] {Threei} and it's being done every month, as if anyone has real time data, or as if feedback from previous movements worked its way through economy yet
[05:34] {_pith} just think, if rates get down to zero.. there will no longer be any sub prime loans:)
[05:34] {Threei} I will wait till they cut rates to negative
[05:35] {Threei} the idea of bank paying me for taking a loan inspires me
[05:36] {_pith} now theres incentive
[05:36] {Threei} - 5% annual will do
[05:37] {Threei} "fine, fine, I'll take out 10 mil for 10 years at fixed -5%, just stop calling"
[05:38] {_pith} would lending tree still have 4 banks competing for you loan?
[05:39] {Threei} why compete... I"ll gladly take 10 mil from each of them {G}
[05:40] {cosmo} hmm ... a bank bubble coming?
[05:40] {Threei} some bubble is coming for sure
[05:41] {Threei} fed succeeded in creating housing bubble, why woudn;t they apply their new-obtained skill to something else
[05:41] {cosmo} soap?
[05:43] {Threei} Raven... do you join me in drive to abolish fed?
[05:45] {Raven} that is too heavy for me this early ....
[05:45] {Threei} it's a room-wide drive
[05:46] {Threei} and come on... to abolish fed before morning coffee, it's just another day in the office
[05:46] {lumdus} good morning all.
[05:46] {Threei} hi lum
[05:46] {lumdus} How was the day yesterday, I didn't bother to look.
[05:47] {Threei} heavy beating in the market
[05:47] {Threei} but you missed nothing as beating continues today, lol
[05:47] {lumdus} ok cool
[05:48] {cosmo} it rained here
[05:48] {Threei} a lot of brokers had problems yesterday, there were reports about yours being one of them... so maybe good thing you skipped a day
[05:48] {Threei} and be careful today
[05:48] {lumdus} really tx for letting me know
[05:48] {Threei} watch quotes closely, to not get caught in a trade with no data or exit door
[05:48] {Threei} if feel that something sticks, ask for quote confirmation
[05:49] {lumdus} 3i, how was your broker ?
[05:49] {Threei} flawless
[05:49] {lumdus} good
[05:49] {Threei} was happy to see it, such days as yesterday is a great test
[05:49] {cosmo} HGSI pre mkt high = 8 fwiw
[05:50] {lumdus} yeah, i am wroking with dave to get the demo running for me
[05:51] {Threei} hmmm
[05:51] {Threei} [08:51] -RealityTrader.chat.server- *** Notice -- Client connecting on port 7044: magoo (RealityTra@XXXXX.har.choiceone.net)
[05:51] {Threei} -----------
[05:51] {Threei} [08:51] -RealityTrader.chat.server- *** Notice -- Client exiting: magoo (RealityTra@XXXXX.har.choiceone.net) [Realitytrader.com]
[05:51] {Threei} magoo saw the futures and left in deep disgust :)
[05:52] {cosmo} VRTX tries to hold 20
[05:55] {cosmo} QID up 7.5% fyi
[06:03] {Threei} poor AAPL
[06:03] {Threei} digital toasters do not get recognition
[06:03] {dptl} good morning all
[06:03] {Threei} dp :)
[06:04] {dino} gm all
[06:04] {Threei} dino :)
[06:05] {magoo} morning
[06:06] {Threei} mags
[06:06] {esemde} morning rt's..... s&p's down 20 again.....
[06:06] {Threei} and NQ - 65 ese
[06:06] {esemde} morning magoo
[06:06] {Threei} can we have another rate cut this fine morning?
[06:06] {dino} next bubble will be housing/real estate again, imo. right now the 30 year is close to all time lows. they must re-inflate, imo
[06:06] {esemde} i doubt
[06:07] {esemde} it
[06:07] {dino} 2009 watch
[06:07] {Threei} too bad, I'd take it with mayo
[06:07] {Threei} that was my first thought dino, as rates sure push in that direction
[06:07] {Threei} the only thing is, second time in a row?
[06:08] {magoo} i just wanna bank 1 grande today..don't care about anything else..very limited "daytrader focus" he he
[06:08] {dino} it's all cycles. we are back to the flood the world w/cheap $
[06:08] {Threei} people feel "it happened already and burned us", and banks won't be as generous for questionable loans
[06:09] {dino} there's always some new hotshots
[06:09] {magoo} the girl on cnbc just said"aapl potentially just caused a bear mkt" SIGH
[06:09] {dino} nothing really changes
[06:09] {magoo} yeah, its all aapl's fault
[06:09] {Threei} magoo - as opposite to other days when you have worldwide focus and try to fix whole slew of things, from stravation in 3rd world to universe expansion?
[06:10] {magoo} OY he he
[06:10] {Threei} that's one very sensitive bear, easily to impress eh? if AAPL could cause bear market...
[06:11] {Threei} easily = easy
[06:11] {Threei} I guess
[06:11] {dino} w/50% growth
[06:11] {esemde} if the market comes back today like it did yesterday....thats ahuge sign in my opinion
[06:13] {Threei} hmmm
[06:13] {Threei} canadian TV just said:
[06:13] {dino} end of days, es? lol
[06:13] {Threei} if you are looking to get out of stock market, is real estae good idea?
[06:13] {Threei} weaiting for after commercial break, if they say yes it is - bottom is found {G}
[06:13] {esemde} in my opinion....yes
[06:14] {esemde} but....what do I know
[06:14] {dino} seriously, very soon. look to foreclosures, or contact your bankers find out what they have to dump. ex: a $100k nonperforming, flipped to you for $50k = $150k positive swing for the bank/and regulators
[06:15] {dino} you get great deals
[06:15] {cosmo} omg
[06:15] {Threei} not in Canada, dino
[06:15] {patience} dino, victoria real estate still booming and going up in price.
[06:16] {patience} wish i could pick up underpriced real estate
[06:16] {dino} could be, i'm talking my area from experience
[06:16] {esemde} was just gonna say that...not in Canada
[06:17] {esemde} don't know about you patience but my oak bay taxes just went up huge
[06:17] {patience} how rude
[06:17] {esemde} your in saanich right....?
[06:17] {patience} oak bay, uplands gold course
[06:17] {patience} golf
[06:18] {esemde} hmmmmm
[06:21] {Threei} AAPL, resistance formed at 138.5 so far
[06:22] {esemde} takin a beating.....people don't like the ultra thin computor I guess
[06:22] {Threei} who would
[06:23] {Threei} youy get a lot of paper cuts
[06:23] {Threei} and it's not water-resistant so can't use it as a razor
[06:23] {esemde} ha ha ha
[06:26] {Threei} if AAPl spikes sharply at the open as it often tends to do, look for short opportunity
[06:26] {Threei} small shares, volatility is huge
[06:26] {Threei} and will be most likely too fast to alert in time
[06:29] {magoo} wow..really selling into open tho
[06:29] {dino} well they took 150 pts off of fslr, why not aapl
[06:30] {Threei} ding ding
[06:30] {Threei} RIMM bounce... another short candidate
[06:32] {Threei} AAPL is coming into resistance
[06:32] {magoo} aapl bouncing
[06:33] {Threei} here, IMO
[06:33] {magoo} where u thinking vads?
[06:33] {dino} opps, forgot to put the tunes on
[06:33] {Threei} in
[06:34] {Threei} .70, stop over 140
[06:34] {Threei} half out +.90
[06:34] {Threei} grrr, missed RIMM near 85.50
[06:35] {lumdus} stp on rimm ?
[06:35] {lumdus} missed appl
[06:35] {Threei} out second half AAPL
[06:35] {lumdus} 3i, rimm stop ??
[06:35] {lumdus} i got 85.21
[06:35] {Threei} over 85.50
[06:35] {lumdus} out 1/2 lock in rest .50 stop
[06:36] {Threei} wtg
[06:36] {dino} gj
[06:36] {lumdus} maybe stop even . don't be greedy
[06:36] {lumdus} pigs get slaughtered
[06:37] {Threei} {pigs} huh?
[06:37] {lumdus} yeah, if i am a pig no good.
[06:37] {Threei} ugh... too bad AAPL scared my second half
[06:37] {lumdus} stop on rimm ..80
[06:37] {magoo} vad, curious.how many shares? i took 200
[06:37] {lumdus} great job 3i on rimm tx
[06:38] {Threei} 400
[06:38] {magoo} i out 137.79
[06:38] {Threei} good job guys
[06:38] {magoo} ok, i only 200
[06:38] {lumdus} out rest rimm + .55
[06:38] {Threei} well, I profited on 200 only, so... :)
[06:38] {Roman} long MBI
[06:38] {Roman} 12.05 small
[06:39] {Threei} LLNW?
[06:39] {Threei} I sewe no news
[06:40] {Threei} disregard, bs spike on low volume puker
[06:40] {magoo} u have any opinion of the stock lol?
[06:40] {Threei} watching CREE
[06:41] {Threei} only negative ones, mags :)
[06:41] {magoo} cree good report last nite
[06:41] {Threei} and it covers whole universe of stocks
[06:41] {Threei} watching for pullback long
[06:42] {Threei} 01/22/08 04:01pm [CREE] Reports Q2 $0.14 v $0.06e, R $119M v $116M
[06:42] {lumdus} in toll
[06:42] {Threei} 26.5 would be da best
[06:42] {Roman} in WM
[06:42] {Threei} probably unrealistic though :)
[06:42] {Roman} 14.15
[06:43] {Roman} LEN looks good
[06:43] {dino} ivgn sm l .95
[06:44] {Threei} .35 small shares long CREE
[06:44] {lumdus} in bac
[06:44] {dino} stop is .49
[06:44] {Threei} invalidated
[06:44] {Threei} pullback buy back on the table
[06:45] {dino} stopped slippage at .39
[06:45] {Threei} let it drop under 27
[06:45] {bruce} -.47 for me dino
[06:46] {dino} mkt dropped on us
[06:46] {Threei} GRMN
[06:46] {bruce} yes - quick move
[06:46] {Threei} watch for long on pullback
[06:47] {magoo} we in cree?
[06:47] {Threei} no... wanted it under 27
[06:47] {magoo} ok, ty, phone call disrupted me
[06:48] {esemde} Scon
[06:48] {Threei} 28 break long CREE
[06:49] {magoo} grmn entry u looking for?
[06:49] {Threei} if loses .50, back to pullback under 27 idea
[06:49] {Threei} not sure yet on GRMN
[06:49] {magoo} ok
[06:49] {magoo} gonna depend on mkt
[06:51] {Threei} 60.25 GRMN if stays above 60
[06:51] {dino} blog l .97, stop .67
[06:51] {Roman} GOOG long setup
[06:51] {Roman} capit play
[06:52] {Roman} bidding 554.5
[06:52] {Threei} double lot?
[06:53] {Roman} 200 shares
[06:53] {magoo} i gotta go ask dave for more margin
[06:53] {Roman} damit
[06:53] {magoo} 50 : 1
[06:53] {dino} darn ivgn
[06:53] {magoo} in grm
[06:55] {Threei} GRMN, north is over there
[06:56] {Threei} now you got it... sheesh, those gps manufacturers
[06:56] {dino} blog stop to b/e
[06:56] {esemde} long CREE .60 small
[06:56] {magoo} out .58 TY vad
[06:56] {Threei} half out
[06:57] {Threei} welcome sir
[06:57] {magoo} u know me full out
[06:57] {Threei} XMSR
[06:57] {lumdus} FE strong
[06:57] {Threei} TICKING HIGHER ON CHATTER SIRI DEAL MAY RECEIVE DOJ AND FCC APPROVAL SHORTLY
[06:57] {Threei} out GRMN in full
[06:57] {dptl} out.93 grmn ty
[06:58] {Threei} +1.15
[06:58] {Threei} high five dp
[06:58] {magoo} beauty
[06:58] {esemde} outOUT CREE .24 +.64
[06:58] {Threei} good one ese
[06:58] {dino} msft l .50, stop .24
[06:58] {esemde} tks for the heads up
[06:58] {Threei} missed CREE being focused on GRMN
[06:58] {magoo} yeah
[06:58] {magoo} me too
[06:59] {Roman} short SPY
[06:59] {Roman} 129.40
[06:59] {Threei} anf they say garmin leads you by itself
[06:59] {magoo} grmn requires all of my limited attention abilities
[06:59] {Threei} limited are better than non-existent mags... you are in more favorable position vs me
[07:00] {dino} bruce blog 1/1 on your own
[07:00] {bruce} didn't take - in msft though
[07:01] {dino} msft hod
[07:01] {dino} ok
[07:01] {Threei} COIN...
[07:01] {dino} msft 1/1
[07:02] {Roman} cover SPY +.04
[07:02] {Roman} out MBI +.90
[07:03] {bruce} out msft =.17 - didn't play it very well
[07:03] {Threei} SEED too
[07:03] {Threei} recent momos getting recycled
[07:03] {dino} nice rfr
[07:04] {dino} money is money bruce gj
[07:04] {Roman} out WM +.35
[07:04] {bruce} thanx -
[07:04] {dino} rfr on fire
[07:06] {dino} gs pos. again
[07:06] {Roman} wonder if it's time to get in to homebuilders
[07:06] {Roman} LEN long term play
[07:08] {magoo} long term=hold all day roman?
[07:08] {magoo} len
[07:08] {Roman} no, like months
[07:08] {Roman} get $22 out of LEN
[07:08] {Roman} GOLD long radar
[07:09] {dino} blog stopped .06, +.09
[07:09] {bruce} ewbc dino
[07:10] {dino} not sure, a bank
[07:11] {bruce} k
[07:11] {bruce} just watching it - lots of srtngth for moment
[07:11] {Threei} COIN small shares l,ong .37
[07:11] {dino} mabe 1 more big spike then s
[07:11] {Threei} stop under .10
[07:12] {dino} blog l again .10
[07:13] {magoo} in coin
[07:13] {lumdus} in bby 46.01
[07:14] {dino} ewbc waiting at 24.44 bruce way out
[07:14] {bruce} ivgn still dropping
[07:14] {dino} hmmm
[07:15] {dino} msft can't get thru .75
[07:15] {Roman} solars
[07:15] {Roman} CSIQ long
[07:16] {Roman} in 18.35
[07:16] {dino} markets rockin'
[07:18] {Roman} MBI
[07:18] {Roman} watcing off 13
[07:19] {magoo} waiting coin .88 vad
[07:19] {dptl} out .59 coin ty
[07:19] {Threei} welcome
[07:20] {Threei} some wird prints COIN
[07:20] {Threei} wierd too
[07:20] {dptl} yes that got me out .......lucky
[07:21] {dino} msft stop to .75
[07:21] {Threei} feel free to exit
[07:21] {dino} blog on your own
[07:21] {Threei} nice morning so far, 100%
[07:21] {dino} out msft +.25
[07:22] {dino} out blog .45, +.35
[07:22] {bruce} pcln dino
[07:23] {magoo} kickin coin
[07:23] {magoo} thats my .88
[07:23] {Threei} {COIN} ouch! take it easy, will ya
[07:23] {dino} pcln dk
[07:24] {esemde} question is DSTI a solar company
[07:24] {Threei} yes
[07:24] {esemde} tks
[07:24] {Threei} RIMM is weaker than market
[07:24] {dino} ivgn l 85.00 stop lod, last chance
[07:24] {magoo} OUT ty
[07:25] {Threei} short candidate for when NASDAQ is done
[07:25] {Threei} welcome magmeister
[07:26] {Roman} out CSIQ
[07:26] {Roman} +.05
[07:26] {Roman} in LEN
[07:31] {lumdus} so far great day.
[07:31] {lumdus} tx vad
[07:31] {dino} fcsx drop
[07:32] {bruce} shhesh ivgn
[07:32] {dino} ivgn stopped -.20 done w/it
[07:32] {bruce} lots of support at 85 but didn't hold
[07:32] {dino} too tough
[07:32] {bruce} -.25
[07:33] {dino} off screen
[07:33] {bruce} may still bounce around here dino
[07:33] {dino} damn missed fcsx
[07:34] {dino} atro strong today
[07:36] {magoo} hey vad..look at coin high
[07:37] {Threei} hehe
[07:37] {magoo} for an idiot i did pretty good on exit
[07:37] {lumdus} mco l
[07:37] {magoo} dino calls me idiot
[07:37] {Threei} actually you sold the very top
[07:37] {Threei} that .89 print was out of market
[07:38] {magoo} really, cause i was bummed i missed it he he
[07:38] {lumdus} good to be idiot then
[07:38] {Threei} lol
[07:38] {Threei} lum... don't forget to put trailing stop on your account
[07:39] {Threei} easy to get caught in excitement of a good day and spoil it
[07:39] {lumdus} thanks for the reminder. so far all hits -0-- need to walk away and calm down
[07:39] {Threei} good job
[07:39] {dino} gj, good idea
[07:40] {Threei} changing my take on RIMM
[07:40] {magoo} lum if i may ask..whats a good day? as in $500 or 1k or what
[07:40] {dino} 10 bucks
[07:40] {lumdus} magoo i play with 1k usually
[07:40] {lumdus} missed TYC .. crap !!
[07:41] {magoo} can't getr em all lum
[07:41] {lumdus} no, was to cheap underbid
[07:42] {magoo} u liking rimm long vad?
[07:42] {Threei} not yet, but don't see it as short anymore
[07:42] {esemde} ouuuuTYC that would have been a good one lum
[07:42] {magoo} kinda follows naz
[07:43] {magoo} naz rolling here
[07:43] {magoo} or not
[07:43] {Threei} good one ese
[07:43] {dptl} amln?
[07:44] {Threei} .51 worth a try but let's be cheapscates on it
[07:44] {esemde} ya...if one could have caught the break 33.20...it shot up there nicely
[07:44] {Threei} .39 stop
[07:45] {lumdus} vad, the intelliscan i put in to show me only stocks with av volume 4mi + it shows me REGN with only 265K so far.
[07:45] {lumdus} does that make sense ?
[07:45] {Threei} check your setting again, it shouldn't
[07:46] {Threei} you may have changed it but never saved layout,
[07:46] {Threei} so next day it's back to original setting
[07:46] {lumdus} hmm.. thanks fixed - you da man !!
[07:46] {Threei} :)
[07:49] {lumdus} hmm.. just got rgc with only 250k
[07:49] {lumdus} 3i, who can i ask for support for intelli ? admin ?
[07:49] {Threei} no
[07:49] {Threei} can you dcc me your configuration?
[07:50] {Threei} Collaborate link
[07:51] {lumdus} sent .. you want email better ?
[07:51] {Threei} no, this will do
[07:53] {Threei} OK, here is your volume:
[07:53] {Threei} you are using Minimum daily Volume
[07:53] {Threei} instead of Volume Today
[07:53] {Threei} put your limit in that window, you won't be geting these low volume alerts
[07:53] {lumdus} i want to use avg daily volume is that possible
[07:53] {Threei} posting it here for anyone who may have the same question
[07:55] {Threei} Min Daily Volume
[07:55] {Threei} These refer to the total daily volume on an average day. These do not use the current day's volume.
[07:55] {Threei} Min Volume Today - These are relatively simple filters based on each stock's volume for today. You can filter stocks based on the exact number of shares they've traded today. Or you can compare the number of shares traded today to the number of shares the same stock usually trades in an entire day.
[07:56] {Threei} in Configure Alerts - Window specific filters, click on filter symbol to summon help
[07:56] {lumdus} ok thanks
[07:57] {bruce} shoot we missed pcln revrsal dino
[07:57] {esemde} sure am fascinated by the QID you all put me onto the other day ....sure moves in an orderly fashion
[07:58] {esemde} watching that and the QQQQ....very interesting indicator
[07:58] {lumdus} min dail volume set to 4 million should not show me stock that has avg volume of 1 million correct ?
[07:58] {Threei} AMLN 1:1
[07:58] {Threei} no it shouldn't
[07:59] {dino} missed 2 bucks on fcsx too bruce was at 40
[07:59] {dino} 41
[08:01] {bruce} that was our 2 bucks
[08:03] {magoo} surprised aapl hasn't recovered a little better
[08:04] {bruce} Ivgn may have botomed here
[08:05] {dino} sm l ibm .00
[08:06] {dino} ivgn dk bruce
[08:06] {dino} labl hmmm
[08:06] {dino} thin
[08:07] {magoo} FSLR dump
[08:07] {bruce} ibm stop .44 orso?
[08:07] {Threei} RIMM short small shares .50 breakdown, stop above .70
[08:07] {magoo} how about grmn short vad?
[08:08] {dino} y
[08:08] {dino} mkt tricked us
[08:09] {Threei} 1:1 RIMM
[08:09] {dino} stopped ibm
[08:09] {Threei} not sure about GRMN magoo
[08:10] {bruce} still in - set stop wide to .35
[08:10] {dino} gl
[08:11] {magoo} out rimm .22 ty
[08:11] {Threei} yw
[08:11] {bruce} thanx - gonna need it
[08:12] {Threei} 1:2 RIMM, all out
[08:12] {Threei} +.41
[08:12] {dino} good hold bruce
[08:12] {Threei} wow
[08:13] {Threei} can I have mulligan?
[08:13] {dino} your ivgn call was right too
[08:14] {bruce} we'll see dino
[08:14] {Threei} full dollar RIMM
[08:14] * Threei is crying bitterly
[08:15] {dino} poor baby
[08:15] {Threei} wow AAPL
[08:16] {dino} disconnect, lots of stocks moving up
[08:17] {dino} fslr -21\
[08:17] {Threei} and still above yesterday's low
[08:18] {dino} significantly
[08:18] {magoo} dow down 99 correecyt?
[08:19] {dino} 88
[08:19] {bruce} out IBM +.21
[08:20] {Threei} wtg
[08:20] {dino} gj, see stops=skill
[08:20] {magoo} nice brucesky
[08:20] {magoo} news vad FSLR?
[08:20] {bruce} small win for risk - but thought best to exit neqar 100 as may not break
[08:21] {dino} hold on it wedbush morgan fslr
[08:21] {Threei} not really... target 195 by wedbush earlier today
[08:21] {dino} agree bruce touigh wall
[08:21] {bruce} finally - a green day
[08:21] {bruce} thanx dino
[08:22] {dino} oih -6 magoo, fslr -21
[08:22] {Threei} yeah, solars get beaten with oil
[08:22] {Threei} when oil drops to 50, people will start burning their hybrid cars
[08:23] {Threei} and cut down windmills
[08:23] {bruce} ewbc just hit your target dino
[08:24] {dino} strong
[08:24] {dino} not in yet
[08:24] {magoo} rimm bounce vad?
[08:25] {Threei} if AAPl does... tough one mags, don't know
[08:25] {Threei} what's with IRBT, climbs third day in a row
[08:25] {magoo} rimm and aapl in sync?
[08:26] {Threei} not exact but there is some following
[08:26] {Threei} this this downspike?
[08:26] {dino} ewbc waiting at .80 bruce
[08:26] {Threei} umm... trying again
[08:26] {Threei} see this downspike?
[08:26] {Threei} started with AAPL, RIMM followed
[08:27] {magoo} yep
[08:28] {dino} screw it s ewbc .45, stop .76
[08:28] {bruce} k dino
[08:28] {bruce} took itshort at .44
[08:29] {bruce} .60 stop
[08:29] {dino} ok
[08:29] {bruce} wish I'd waited
[08:29] {bruce} butwill see
[08:30] {Threei} this time RIMM was first to drop magoo
[08:30] {Threei} no pattern, can't trade this mess
[08:33] {Threei} probably worth a try long from 81 or quick sell under
[08:33] {magoo} well, look at dump in naz
[08:33] {patience} looking for an entry point into POT, swing trade
[08:34] {Threei} one more leg down and bounce
[08:34] {dptl} ceco?
[08:35] {magoo} where?
[08:35] {magoo} grmn held well in pummeling
[08:35] {dino} ewbc 1/1
[08:36] {bruce} half out ewbc + .23
[08:37] {bruce} stop to .40 on balance
[08:37] {lumdus} so we looking up or down or ..
[08:38] {Threei} get your RIMM here if you want it long, stop .60
[08:38] {dino} cov ewbc .18, +.27, ty bruce
[08:38] {magoo} in .94
[08:39] {bruce} welcome dino - your entry trigger
[08:39] {dino} uthr hmmm
[08:39] {Threei} 1:1 RIMM
[08:40] {dino} your spot, i took it off screen hour ago
[08:40] {lumdus} the fruit store on my block screems "get your Oranges here"
[08:40] {lumdus} shees i offered rimm .35 nobody took it
[08:42] {dino} peaches, peaches for free
[08:42] {dino} fslr bloooooody
[08:42] {Threei} magoo... can I exhale yet??
[08:43] {magoo} no..wait .94
[08:43] {magoo} out .71 TY
[08:43] * Threei sings Someone's Getting Greedy
[08:43] {Threei} welcome
[08:44] {magoo} sheesh..i sensed that greedy thingy
[08:44] {magoo} my mind was sayins SELL
[08:44] {Threei} you just got scared of the idea of me singing
[08:44] {Threei} and rightfully so
[08:45] {Threei} noone will tell you anything about my singing
[08:45] {magoo} vad..i believe u are perfect so far
[08:45] {Threei} because there are no survivors
[08:45] {cosmo} sounds vogon
[08:45] {magoo} like 5 of 5 or something
[08:45] {Threei} yup
[08:45] {lumdus} doing great vad
[08:45] {Threei} ty
[08:45] {Threei} can I go home?
[08:46] {magoo} what u think?
[08:46] {lumdus} short VAD at market no stop
[08:46] {Threei} does it matter?... :)
[08:46] {magoo} we gotta make the hay while its raining vad
[08:47] {Threei} this is one way to look at it,
[08:47] {Threei} another is, going to well once too many times...
[08:47] {bruce} you tell him mags
[08:47] {lumdus} i agree with magoo. we got it right today let's make tehe most oout of it.
[08:47] {magoo} or the bar
[08:47] {lumdus} not everyday so good.
[08:48] {dino} fwlt
[08:48] {Threei} may I humbly remind you all how many times you thought "sheesh, why didn't I stop trading after XX:00... would be a perfect day"
[08:48] {dino} odds against
[08:48] {dino} you do 7/10 usually, so odds tipping out of favor, imo
[08:49] {Threei} eqzaktly dino
[08:49] {lumdus} in hcbk long
[08:49] {Threei} you want to fool the odds? stop pushing, let it settle down, look for light trading later in the day
[08:49] {Threei} we are in lunch time now
[08:50] {lumdus} ok no more new position. i'll just manage my 1 open one.
[08:50] {dino} risky l fwlt .15
[08:51] {dino} too soon stopped
[08:52] {Threei} my next target for today:
[08:52] {dino} hmmm, getting rinsed alot today, going smaller
[08:52] {Threei} not to miss laserdave appearance to slap the living daylight out of him the moment he connects
[08:53] {magoo} ok, with u
[08:53] {magoo} want me to call him and ask him to log in?
[08:53] {Threei} that would be cheating
[08:54] {Threei} my sweating trembling hand grips the trout by the tail
[08:54] * magoo slaps Chaeron around a bit with a large trout
[08:55] {magoo} practicing
[08:55] {Threei} lol
[08:55] * magoo slaps Chaeron around a bit with a large trout
[08:55] {magoo} loosening up
[08:55] * magoo slaps Chaeron around a bit with a large trout
[08:55] {Chaeron} so that's what I'm good for?
[08:57] {dino} sm fwlt .00
[08:58] {dino} we must be getting close to lows, cnbc has separate dow ticker
[09:00] {bruce} 55.45 stop fwlt dino?
[09:00] {dino} y
[09:01] {bruce} k
[09:01] {bruce} thanx
[09:04] {dino} out .59, +.59
[09:04] {bruce} me too .62
[09:05] {dino} nice, green today?
[09:05] {bruce} thanx
[09:05] {bruce} yes
[09:05] {dino} gj
[09:05] {dino} 56.00 area maybe again
[09:05] {bruce} been hammered this month
[09:05] {dino} december i was way off average
[09:06] {dino} labl thinking s, sm
[09:06] {dino} thin
[09:09] {bruce} wow - 59 k forday - thqats thin
[09:09] {dino} sm s .91, wide, thin really move around
[09:15] {bruce} stopped balance ewbc +.19
[09:17] {Threei} feels like market is looking upward from here
[09:19] {dino} gj
[09:23] {bruce} de - any thoughts here dino?
[09:24] {dino} i like it, but need mkt help imo
[09:24] {bruce} k
[09:24] {dino} giving back yesterdays gains
[09:26] {bruce} pcln retrac3d over 5 bucks
[09:27] {dino} de here maybe
[09:28] {dino} dwsn wow
[09:31] {bruce} I think ivgnmay be worth try long around here dino
[09:33] {dino} gl
[09:33] {dino} mkt fast drop
[09:43] {Threei} another one seems to be coming
[09:43] {Threei} drop that is
[09:44] {Threei} 82 breakdown short RIMM
[09:44] {Threei} small shares
[09:44] {Threei} feel free to take profit
[09:45] {dptl} missing everything again today
[09:46] {dino} step back
[09:47] {esemde} the market ...she be tanking
[09:47] {dino} retest 11640
[09:47] {Threei} you got some in the morning though?
[09:47] {esemde} true....it's the only way to trade
[09:48] {esemde} am still thinking swing long on solars
[09:48] {dptl} couple yes.
[09:48] {bruce} taking break
[09:48] {Threei} COIN and GRMN if I remember correct
[09:48] {esemde} when this is over nobodys going to have any money to afford gasoline
[09:48] {dptl} yep
[09:48] {Threei} and they were nice size wins.... so relax and let it be
[09:49] {Threei} lol ese
[09:51] {dino} fwlt s,m l .75
[09:51] {dino} missed fcsx again
[09:52] {Threei} dp... if we only forgot to cover AATI short yesterday... {G}
[09:52] {patience} bought puts on the euro (XDE)
[09:52] {dptl} :)
[09:54] {dino} ivgn held pretty well thru that bruce
[09:56] {Threei} I am tired of staring at the spot just above lumdus... magoo, who said cheating is not allowed? call that lazy laserdave
[09:57] {magoo} roflol
[09:57] {magoo} he does like to sleep in
[09:57] {Threei} so let's make sure and call him tomorrow at 6 am west coast time
[09:58] {Threei} with nothing more than friendly "hey, how's life, just wanted to say good morning"
[09:59] {magoo} will mkt ever ever bounce again
[10:00] {cosmo} in the Spring
[10:00] {Threei} nope
[10:00] {Threei} never
[10:00] {Threei} it's going down from now on and till the end of eternity
[10:00] {dino} fwlt stop to .25
[10:00] {Threei} does eternity have end?
[10:02] {cosmo} it looks that way
[10:02] {dino} another month markets at zero, dow at least 300 pts/day
[10:02] {Threei} that's where we come in and buy 1000 shares of everything
[10:03] {magoo} pretty damaged mkt
[10:04] {magoo} always was..just now realizing it
[10:04] {patience} dow 10,000 doesn't look that far away
[10:04] {Threei} irrational exuberance ends...
[10:05] {cosmo} irrational exuberance is eternal
[10:05] {Threei} irrational apathy comes...
[10:05] {Threei} to be followed by new exuberance, even more irrational
[10:06] {cosmo} perpetual
[10:06] {magoo} i still say..and said it few days back..we gonna get a 500 point up one day wonder SOON
[10:06] {magoo} abby magoo cohen here
[10:07] {cosmo} you channel abby?
[10:07] {Threei} that's OK, we have Napoleon in the next room
[10:07] {patience} early next week, want to bet a beer magoo?
[10:08] {magoo} yup
[10:08] {patience} okey dokey
[10:09] {dino} out fwlt .40, +.65
[10:09] {Threei} just stay away from the room at the end of corridor, Chengis-hun tends to pick fights with Joe Stalin over there
[10:10] {dino} fslr new lows
[10:10] {magoo} and bidu and aapl
[10:10] {magoo} tech wrech
[10:11] {magoo} surprised grmn holds any green
[10:11] {magoo} read grmn vad??
[10:11] {Threei} it's still loading market map on its screen
[10:11] {dino} lol
[10:12] {Threei} no read either way mags, it's quite random here
[10:12] {magoo} watching aapl and fslr
[10:13] {magoo} vad, should bounce somewhere
[10:13] {magoo} do not know where
[10:13] {dino} i don't think vad's bounce, tiggers yes
[10:14] {Threei} sigh
[10:14] * Threei slaps LaserDave1 around a bit with a large trout
[10:14] * magoo slaps LaserDave1 around a bit with a large trout
[10:14] {Threei} beat you mags
[10:14] {Threei} I mean... beat you in beating dave
[10:15] {dino} it's official, i have the only short not working today
[10:15] {Threei} lol
[10:15] {dino} labl, ohhh mannnn
[10:15] {Threei} as patience says, how rude
[10:16] {dino} indeed
[10:17] {magoo} vad, how close u live to patience?
[10:17] {Threei} 20 min driving
[10:18] {magoo} how about dave?
[10:18] {Threei} dave in vancouver
[10:18] {Threei} mainland... me is islander
[10:18] {Threei} 90 min ferry separates us
[10:18] {magoo} i wish i lived next to u..we'd have great times
[10:19] {magoo} drinkin vodka...teasing crabs
[10:19] {Threei} hmmm... is it allowed?
[10:19] {magoo} building sheds
[10:19] {lumdus} vodka in middle of trading day. geesh
[10:19] {lumdus} yeah, i am back from a good lunch. vad told me to go
[10:19] {Threei} you know... animal rights society
[10:20] {lumdus} vad, i am ready for the afternoon session. looking for my next pick. just don't know long or short :)
[10:20] {Threei} or what stock
[10:20] {magoo} we powering up here vad?
[10:21] {Threei} chart looks like this but I don't trust it
[10:21] {dino} fwlt l sm .10
[10:21] {lumdus} in bbt 34.08
[10:21] {lumdus} long ouch !
[10:21] {Threei} I think it's going to pretend, then drop
[10:21] {esemde} I'm otta here...have a great rest of the day all...
[10:21] {Threei} take care ese :)
[10:21] {esemde} see ya vad
[10:22] {magoo} ES WAIT
[10:22] {lumdus} who let him leave early today ?
[10:22] {magoo} hes fast
[10:23] {Threei} one more wuick spike, then big fast drop is my read here
[10:23] {lumdus} for what stock ?
[10:23] {Threei} market
[10:23] {dino} cov labl .92 -.01 sheesh
[10:23] {lumdus} ok, i watch bbt and sell
[10:24] {Threei} here is spike
[10:24] {Threei} BBT is not really market follower lum
[10:24] {magoo} u thinkin qid?
[10:25] {Threei} I personally will refrain magoo
[10:25] {Threei} not feeling like trading at this point
[10:25] {Threei} I mean, easy money is made
[10:25] {dino} fcsx l sm .99
[10:26] {Threei} just a tad more, NQ... set the trap
[10:27] {dino} hey who's side you on? lol
[10:27] {Threei} hmmm
[10:27] {Threei} good question
[10:28] {Threei} I need to do serious navel-gazing, soul-searching and general wall-staring
[10:28] {dino} bruce ivgn gave a buck
[10:30] {Threei} and here is drop
[10:31] {Threei} if you went for QID, it gave about 50 cents
[10:32] {magoo} i did honest
[10:32] {Threei} if tried to follow it with RIMM, a little over a dlooar
[10:32] {magoo} took .23 and cut .50
[10:32] {Threei} dollar
[10:32] {Threei} good one mags
[10:32] {Threei} glad I could be of help
[10:32] {magoo} my first independent qid read
[10:32] {Threei} wtg
[10:32] {dino} out fwlt .50, +.40
[10:33] {magoo} easy button
[10:33] {dino} easy buttons going off all over the office
[10:35] {dino} de strength
[10:43] {dino} lol, just got confirmation on closing tomorrow, figured no way w/markets
[10:43] {Threei} nice :)
[10:43] {Threei} some don't care apparently
[10:44] {dino} his rate 5.6%
[10:47] {bruce} just got back dino
[10:47] {bruce} congrats on ivgn
[10:48] {dino} your pick, nice read
[10:48] {bruce} damn - sorry I missed it - was watching
[10:49] {dino} fcsx going to go bruce, imo, i'm in at 40.99 sm
[10:52] {dino} gilt
[10:53] {dino} nah
[10:53] {dino} ccrt
[10:55] {bruce} short ccrt here?
[10:56] {dino} fcsx stopped damn
[10:57] {bruce} sorry dino
[10:57] {dino} its ok
[10:57] {dino} ttek
[10:58] {bruce} good support around 40 in it
[11:00] {bruce} fcsx that is
[11:01] {dino} yeah
[11:05] {dino} there it goes
[11:09] {dino} boom strong
[11:11] {bruce} boom is one nasty stock
[11:11] {bruce} green candle , red, green , red, green and on and on
[11:11] {dino} avid spike
[11:15] {bruce} fcsx below 40
[11:19] {dino} seriously
[11:21] {Threei} my hesitant read is, one more little spike, then down
[11:22] {lumdus} vad, let me know when we are ready to trade again
[11:22] {Threei} here is spike
[11:22] {dino} risky, s avid .82, stop .02
[11:23] {dino} too soon
[11:25] {Threei} lum, pretty much personal choice here... market is extremely jerky, any reads is 51/49 at best
[11:25] {Threei} main theme for the rest of the day is preservation of profits
[11:25] {dino} avid stopped, taking a break
[11:25] {bruce} yep -
[11:26] {lumdus} bx about to break 20 hmmmm
[11:26] {Threei} being nicely up on such day, and having 100% hit rate, no way I let it evaporate
[11:26] {lumdus} yeah, not letting antyhing evaporate.
[11:27] {dino} dji going green
[11:27] {Threei} missed trade is just that, there are hundreds if nopt thousands moves every day that we do not partake in
[11:27] {Threei} it doesn't bother me
[11:27] {Threei} letting gained profits disappear though would, and big time
[11:27] {Threei} it's just not good management
[11:27] {lumdus} ok boss..
[11:28] {Threei} no single day will make you rich
[11:28] {Threei} here is a phrase I heard once, ponder it when you have time
[11:28] {lumdus} i know but if bx breaks 20 i think i need to take some. maybe 10% of usual trading. so i don't lose my gain from am
[11:28] {dino} there it is
[11:29] {Threei} Market is the easiest place to make money in, and hardest place to hold onto it
[11:29] {lumdus} very interesting phrase
[11:30] {Threei} maybe not exact quote, and no idea who said it... but you got the gist
[11:30] {patience} so vad, i'm up just over $7 per share on POT. do i scalp or let it run like i did with peix
[11:31] {Threei} ugh... no idea, your timeframe is beyond my comprehension :)
[11:31] {lumdus} way too funny !!!
[11:31] {Threei} I would have scalped 6 bucks ago, lol
[11:31] {patience} best intentions to hold, scalping instinct is strong
[11:32] {lumdus} 6 bucks ago !!
[11:32] {Threei} sooo, as a daytrader/scalper, in order to take advantage of first half of that phrase and alleviate the second: get your bite when the getting is good... and know when to jump off the bandwagon to keep what you made
[11:33] {magoo} i like this qid thing
[11:34] {magoo} just scaslped vads top call, in .60 out .91
[11:34] {Threei} {QID, batting eyelashes at magoo} why mags, I like you too, I am just too shy to admit it first
[11:34] {bruce} geesh -
[11:34] {lumdus} what is vad's top call ?
[11:35] {bruce} now we're running a dating agency in here for magoo?
[11:35] * bruce slaps magoo around a bit with a large trout
[11:35] {Threei} no idea lum... mags calls things to himself I think, and assigns calls to me to gain more confidence
[11:35] {Threei} or to have who to blame
[11:36] {magoo} u pay me to make them up..so u look good boss
[11:36] {Threei} not only for magoo bruce... each call is actually setting you up with some stock... and if I don't call symbol, it's a blind date
[11:36] {magoo} [14:21] {Threei} my hesitant read is, one more little spike, then down
[11:36] {magoo} [14:22] {Threei} here is spike
[11:37] {dino} going to close 100 pts positive, dji
[11:37] {lumdus} great read
[11:37] {magoo} thats when magoo mind went..hmmmm..naz drop...long qid
[11:38] {magoo} but i am notorious scalper
[11:38] {magoo} if u note..even when vad takes half off..i usually exit full
[11:38] {bruce} aavid looks like short prospect here dino
[11:38] {magoo} want my money
[11:38] {dino} my stop was too tight
[11:38] {Threei} and to be totally honest mags, admit that you want our money too
[11:39] {dino} brb
[11:39] {magoo} feeling awkward here lol
[11:39] {Threei} don't... we won't hesitate to take yours given a chance lol
[11:39] {bruce} hey mags - you here about vads new "vad tax"
[11:40] {bruce} if you're up over 1 k 10 goes to vad
[11:40] {bruce} 10 %
[11:40] {Threei} I thought you saw my new taxedo bruce...
[11:40] {bruce} Idid vad
[11:40] {bruce} gald to be collecting it for you
[11:40] {Threei} for a modest adminitrative fee I guess?
[11:41] {bruce} very
[11:41] {bruce} very
[11:41] {bruce} el cheapo
[11:41] {Threei} very modest or very administrative?
[11:41] {bruce} me an adminsitrator?
[11:41] {bruce} bah
[11:41] {bruce} humbug
[11:42] {Threei} I don't know how you do it patience...
[11:42] {bruce} you mean put up with mags vadster?
[11:42] {Threei} lol
[11:43] {patience} finevery week i say to myself....ok, scalp to make enough to pay this weeks bills, then let the rest run
[11:43] {Threei} I mean things like POT trade
[11:43] {bruce} I truly can't imagine
[11:43] {Threei} the very marrow in my bones protests against letting such gains slide :)
[11:43] {patience} you should have held peix, got use to the ice water in my veins
[11:44] {Threei} I have some fine scotch in there
[11:44] {Threei} ice is melting quickly
[11:44] {magoo} uh bruce, thats why i never make more than $999.99...NO TAX
[11:44] * bruce slaps magoo around a bit with a large trout
[11:45] {bruce} thats part of your audit mags
[11:45] {bruce} theres a 50 fee for the trouting
[11:45] {bruce} vads rules of course
[11:45] {Threei} lol... I ahve a feeling bruce collects a lot of things behind my back and in my name
[11:46] {bruce} who me?
[11:46] {bruce} nonsense
[11:47] {Threei} but that's OK, I will be very rich as soon as all Nigerian partners finalize their deals
[11:47] {bruce} I know
[11:47] {bruce} we'll al jealous
[11:47] {bruce} except lum
[11:48] {bruce} he's have too much fun w 6 buck scalps
[11:49] {Threei} ADLR is halted, right?
[11:49] {bruce} sheesh vad - we need to tax that trade
[11:49] {Threei} FDA PANEL: VOTES 13-0 WITH 2 ABSTENTIONS IN FAVOR OF EFFECTIVENESS OF ENTEREG, NOTERS WORKS IN STUDIES, REVIEWING FOR CONSTIPATION AFTER BOWEL SURGERY- Panel will votes next on whether the drug's benefits exceed risks
[11:49] {Threei} yeah
[11:49] {Threei} 08:00am [ADLR] Trading halted; News pending
[11:51] {magoo} i can't pull it up
[11:51] {magoo} blank
[11:51] {Threei} still halted
[11:52] {magoo} usually shows level 2 right
[11:52] {magoo} just not trading
[11:52] {magoo} or are u blank
[11:52] {magoo} ?
[11:52] {Threei} there are only ARCA bids/offers
[11:52] {Threei} and you have it blocked
[11:52] {magoo} ahhhh
[11:52] {Threei} that's why :)
[11:52] {magoo} ty
[11:52] {magoo} u using arca today?
[11:53] {Threei} yes, it's better, not perfect yet
[11:53] {Threei} on and off
[11:54] {dino} hoft spike
[11:54] {dino} funny name; hooker furniture. wonder who they sell to
[11:54] {bruce} cpki any read vad - looks like your kind of trade
[11:55] {bruce} mags probably dino
[11:55] {magoo} that does it...............
[11:55] * magoo slaps bruce around a bit with a large trout
[11:55] * magoo slaps bruce around a bit with a large trout
[11:55] * magoo slaps bruce around a bit with a large trout
[11:55] {bruce} ah
[11:55] {bruce} thanks
[11:56] {bruce} thats
[11:56] {bruce} 50
[11:56] {bruce} 100
[11:56] {bruce} 150 bucks
[11:56] {bruce} 50 tax per trout mags
[11:56] * bruce slaps magoo around a bit with a large trout
[11:56] {bruce} giving you a freebie though
[11:56] {magoo} u pushing your luck little man {soup nazi}
[11:57] {bruce} no way to speak about vad mags
[12:00] * Chaeron slaps Threei around a bit with a large trout
[12:00] {Chaeron} oops sorry
[12:00] * Chaeron slaps Threei around a bit with a large trout
[12:00] {Threei} hmmm
[12:00] {Threei} what did i do
[12:00] {Chaeron} I keep missing........
[12:00] * Chaeron slaps magoo around a bit with a large trout
[12:00] {lumdus} it's what you didn't do 3i
[12:00] {Chaeron} there
[12:01] {Threei} ah
[12:01] {bruce} geesh chaeron - keep mising?
[12:01] {dino} back in 10
[12:02] {dptl} Dave dcc pls
[12:02] {bruce} you'd be a dangerous guy with a machine gun
[12:02] {Threei} dp... don't be so timid
[12:02] {Threei} here is how it's done:
[12:02] * Threei slaps LaserDave1 around a bit with a large trout
[12:02] {dptl} lol
[12:03] {Threei} see chaeron? not missing
[12:03] {Threei} aim with your heart, not with your eye
[12:04] {Chaeron} ahhhhh... kinda like "Use the Force"
[12:04] {Threei} kinda
[12:04] {_pith} "use the Fish"
[12:04] {Threei} lol
[12:04] {patience} blew out POT, +8.00 exactly.....so much for ice...market too unsettled
[12:04] {Chaeron} roflol
[12:04] * magoo slaps Chaeron around a bit with a large trout
[12:05] * magoo slaps _pith around a bit with a large trout
[12:05] * magoo slaps roeder around a bit with a large trout
[12:05] * magoo slaps patience around a bit with a large trout
[12:05] * magoo slaps magoo around a bit with a large trout
[12:05] {Threei} wtg patience
[12:05] * magoo slaps lumdus around a bit with a large trout
[12:05] * magoo slaps LaserDave1 around a bit with a large trout
[12:05] * magoo slaps jmb around a bit with a large trout
[12:05] * magoo slaps hawkfan4 around a bit with a large trout
[12:05] * magoo slaps dptl around a bit with a large trout
[12:05] {lumdus} chill magoo .. why you so mad now ?
[12:05] * magoo slaps dino around a bit with a large trout
[12:05] * magoo slaps cosmo around a bit with a large trout
[12:05] * magoo slaps Chaeron around a bit with a large trout
[12:05] {Chaeron} dino... can you get mags under control?
[12:05] * magoo slaps bruce around a bit with a large trout
[12:05] * magoo slaps bruce around a bit with a large trout
[12:05] * magoo slaps Raven around a bit with a large trout
[12:05] * magoo slaps Threei around a bit with a large trout
[12:05] {Threei} mad? lum, this is magoo relxaing
[12:05] {bruce} ka ching
[12:05] {Chaeron} true
[12:05] {bruce} not true
[12:06] {bruce} mags is mad
[12:06] {magoo} nah..grinning
[12:06] {bruce} Dr Phil said so
[12:06] {Threei} lol
[12:06] {bruce} right after seeing britney
[12:07] {lumdus} out bx 20.68 + .68
[12:07] {Threei} careful lum... bruce is going to try and collect his percentage from you
[12:08] {bruce} sheesh
[12:08] {bruce} .68
[12:08] {magoo} who is this great one named lum
[12:08] {bruce} might as well donate it all lum
[12:08] {Threei} DOW up 60 points
[12:08] {Threei} that's leadrship
[12:08] {Threei} go USA
[12:09] {dino} c'mon dji, 40 more
[12:09] {Threei} magoo, for your eyes only:
[12:09] {Threei} havce a look at COIN chart,
[12:10] {Threei} compare it's bottoming time with that of NASDAQ
[12:10] {magoo} see it
[12:11] {dino} magoo, in 40 words or less, compare & contrast....
[12:11] {Threei} +90 DOW
[12:11] {dino} here comes my 100
[12:11] {magoo} just teleports dow
[12:11] {dino} bammmmmm
[12:11] {Threei} CECOP
[12:11] {Threei} ANNOUNCES COMPLETION OF SEC INVESTIGATION: NO ACTION RECOMMENDED- Were advised 1/17/2008 that no action would be taken against company
[12:11] {Threei} CECO
[12:12] {dino} just that slm won't loan their students $
[12:13] {dino} fcsx spike
[12:13] {dino} can we get the comp green?
[12:13] {magoo} vad..could go near 11
[12:13] {Threei} easy
[12:14] {Threei} just 9 points
[12:14] {Threei} COIN mags?
[12:14] {lumdus} rally time !!
[12:14] {magoo} yup
[12:14] {dino} these daily stock price ranges have got to be historic
[12:15] {Threei} http://anaheim.angels.mlb.com/images/2002/08/06/5DskhCqO.jpg
[12:15] {lumdus} magoo.. you watching and waving or you in it ?
[12:16] {Threei} mags... I don't think it's going to happen today, but if NASDAQ continues strength, COIN has a serious shot
[12:19] {magoo} watching it lum
[12:19] {magoo} not in
[12:22] {dino} 450
[12:22] {dino} +pt range again
[12:23] {patience} i swear it is program trading and all these etf type funds the public can not trade that does it dino
[12:23] {patience} can gtrade
[12:23] {patience} yeesh
[12:23] {dino} alot is
[12:23] {dino} one thing, certainly not boring
[12:23] {patience} no, and has been profitable
[12:25] {dino} this market is making cnbc sound like idiots
[12:25] {dino} yes to profits too patience trades doing well
[12:25] {patience} i keep BNN streaming on my monitor
[12:26] {patience} monitor real estate is getting tight
[12:26] {Threei} {dino} this market is making cnbc sound like idiots
[12:26] {Threei} ummmm
[12:26] {Threei} is it really hard work? :)
[12:27] {dino} lol
[12:27] {Threei} ETFC?
[12:27] {Threei} I don't see news
[12:27] {dino} bartiromo going short
[12:28] {bruce} anyone having isues with data feed?
[12:28] {Threei} looks OK
[12:28] {Threei} need quotes?
[12:29] {bruce} no - but charts have been blinking on and off
[12:29] {bruce} thanx
[12:29] {bruce} not in anything at moment
[12:29] {bruce} ivgn dino
[12:30] {Threei} COMP +16
[12:31] {Threei} NQ is last thing slightly in red
[12:31] {magoo} dino hooked a good one
[12:31] {dino} fcsx and ivgn again
[12:31] {magoo} EASY button
[12:31] {magoo} all over the place
[12:32] {magoo} vad, dcc quick
[12:32] {bruce} and aapl and shld dino
[12:33] {dino} dk bruce, got where i wanted to get today, most likely, "no mas"
[12:34] {dino} altho, fcsx off of 41.50 l, might tempt me
[12:34] {dino} nah
[12:34] {dino} feel like i'm pushing
[12:36] {dino} 600 point range
[12:36] {dino} short em tomorrow, lol
[12:37] {bruce} always another day
[12:39] {magoo} man, 500 point range begins to be the norm
[12:39] {Threei} lol
[12:40] {Threei} not really... will be back to normal ranges soon
[12:40] {magoo} well..under 500 and i no longer interested lol
[12:43] {Threei} 100 points NQ range day
[12:44] {Threei} to give you an idea what kind of volatility it is - we had a swing trade on NW once, continuing for like 10 days, about 50 points profit
[12:44] {Threei} NQ
[12:45] {bruce} short fcsx
[12:45] {dino} dk bruce, still down
[12:46] * Threei slaps LaserDave1 around a bit with a large trout
[12:48] * magoo slaps LaserDave1 around a bit with a large trout
[12:48] {Threei} lol DOW is up 255
[12:48] {Threei} can you believe it?
[12:49] {Threei} volume is enormous too
[12:49] {Threei} power of squeeze
[12:49] {Threei} NQ -1
[12:49] {Threei} -.5
[12:50] {Threei} green
[12:50] {Threei} +1
[12:50] {Threei} mission is completed
[12:50] {bruce} too early stopped out -.30
[12:51] {dino} good stop
[12:51] {Threei} not a first time I see these huge comebacks out of total abyss... but it never ceases to amaze
[12:51] {dino} going for 300+
[12:57] {Threei} Ok guys, thank you all
[12:57] {Threei} have a good evening, see you tomorrow in our mental institution for another mad day
[12:57] {dino} gj today guys/gals, thx
[12:58] {dptl} have a good evening all
[12:58] {magoo} ty all
[12:58] {bruce} another mad mad vad kinda day
[12:59] {lumdus} laser dave you out there ?
[12:59] {lumdus} going once ..
[13:00] {lumdus} vad, my platfrom stinks.. really, my quotes got screwed and my computer had to reboot 3 x today
[13:00] {Threei} sorry lum
[13:01] {lumdus} glad you lowered me to 100 shares only . hit 3 losess. but the profits fromt he AM made it look like a joke
[13:01] {Threei} there :)
[13:02] {lumdus} but i need laser to help me with the demo .. and he is not around
[13:02] {dino} bruce dcc
[13:02] {Threei} that's the way to keep'em da profits
[13:02] {Threei} phone him
[13:02] {Threei} could just be not near computer at the moment
[13:02] {lumdus} i don't have his phone #
[13:02] {Threei} dcc
[13:12] {bruce} that REALLY REALLY sucks lum
[13:13] {bruce} you may have something interfering with computer and platform
[13:13] {bruce} check your virus scanner lum
[13:14] {bruce} I had that problem a while back switched antivirus