Session Time: Wed Apr 23 00:00:00 2008
[08:41] {magoo} mrning
[08:42] {Threei} Good morning
[08:43] {magoo} an oldie vad..FCEL up
[08:44] {Threei} has news
[08:44] {Threei} POSCO POWER ORDERS 25.6 MW OF POWER PLANTS AND FUEL CELL MODULES
- The order more than doubles FuelCell Energy's product backlog and represents nearly $70M of sales scheduled for delivery in 2009.
[08:44] {Threei} - POSCO Power also signed a Master Service agreement with the Company covering all POSCO Power installations. Executing this service agreement, FuelCell Energy and POSCO Power will jointly provide service for customers in Korea market.
[08:45] {cosmo} LVLT
[08:45] {cosmo} # Level 3 Q1 loss 12 cents a share vs 44-cent loss
[08:46] {cosmo} .. i guess that beats ....
[08:47] {dptl} good morning all
[08:47] {Threei} cosmo, dp :)
[08:47] {cosmo} 3i:)
[08:51] {Threei} conflicted about LVLT
[08:52] {Threei} looms good but this thing never holds gains
[08:56] {fernp} good morning
[08:56] {Threei} fernp :)
[08:57] {magoo} any feel for AAPL vad?
[08:57] {Threei} it rep[orts today, right?
[08:57] {magoo} i believe after bell
[08:58] {Threei} what can I say... it's more likely to beat than not
[08:58] {Threei} but trading it is never a walk in the park,
[08:58] {Threei} and will be even harder today
[08:58] {magoo} why?
[08:58] {Onix} gm all
[08:59] {magoo} with yesterdays puillback..set to go up
[08:59] {Threei} onix :)
[08:59] {dptl} brcm?reported yestarday or what?
[08:59] {Threei} because of jerkiness caused by repositioning before earnings
[08:59] {Threei} yes dp
[08:59] {dptl} ty
[09:00] {magoo} ah..amzn tonite to i believe..need hawk confirmation
[09:00] {Threei} yes AMZN
[09:00] {Threei} me no hawk but confirming :)
[09:01] {Threei} QCOM and RMBS too
[09:05] {cosmo} LVLT wants 3
[09:06] {GeoArb} gm
[09:07] {Threei} Geo :)
[09:10] {hawkfan4} hawk comfirmation: AMZN tonite
[09:11] {magoo} there u go :)
[09:12] * Threei slaps magoo around a bit with a large trout
[09:14] {Threei} FCEL is not easy thing to trade... but going to watch it
[09:14] {magoo} its avail short too vad..keep in mind
[09:14] {Threei} news sounds significant, gaps right over serious resistance
[09:14] {Threei} ty
[09:16] {tomg} good morning
[09:17] {Threei} tom :)
[09:21] {magoo} bruce, dcc
[09:21] {markweb} good morning all
[09:22] {Threei} mark :)
[09:22] {markweb} :)
[09:24] {dino} gm all
[09:24] {Threei} dino :)
[09:24] {markweb} dino:)
[09:24] {cosmo} ANAD pre mkt high = 10.38 fwiw
[09:24] {Threei} we have oil inventories today
[09:25] {Threei} I'd guess, with oil price action market will be especially sensitive to that data today
[09:25] {Threei} even though this data is largely meaningless
[09:26] {Threei} guys, is replay working?
[09:26] {magoo} not for me
[09:26] {magoo} unless nothing was up before i entered
[09:26] {judijim} not for us
[09:26] {Threei} you were first to speak this morning
[09:27] {Threei} ty jj
[09:27] {judijim} good morning all
[09:27] {Threei} morning
[09:28] {magoo} watching AMZN too vad
[09:28] {ThurstonHowellTheThird} gm all
[09:28] {Threei} thtt :)
[09:28] {bruce} thtt
[09:28] {Threei} thtt, replay isn't working for you either?
[09:28] {tomg} no replay for me
[09:29] {ThurstonHowellTheThird} no
[09:29] {Threei} ok, ty guys... yesterday's putage pushed priorities for securewebs
[09:29] {Threei} will remind them
[09:31] {bruce} volume in brcm thia am vad
[09:31] {Threei} it's on watch
[09:32] {Threei} 26 is nearest support
[09:32] {Threei} if we get closer to it, will be interested in buying
[09:32] {bruce} k
[09:33] {Threei} otherwise would need a consolidation close to break point
[09:33] {Threei} FCEL
[09:33] {Threei} 9 meltdown is risky long
[09:33] {Threei} nice looking news and chart, just very treachwerous stock
[09:34] {Threei} nice dive BRCM
[09:35] {Threei} in
[09:35] {Threei} stop .79
[09:35] {pita} in
[09:37] {magoo} out brcm 26 TY vad
[09:38] {Threei} out 26..05
[09:38] {pita} out .08
[09:38] {Threei} would think it has more in it... but whatever, market is weak
[09:38] {pita} ty
[09:39] {Threei} welcome guys
[09:39] {jmb} ty
[09:39] {hawkfan4} +.22, thx vad
[09:39] {Threei} good reflexes :)
[09:41] {Threei} RIMM is working on double bottom
[09:41] {Threei} .20 breal long
[09:41] {Threei} stop under 120
[09:42] {dino} t l .00, stop .73
[09:43] {bruce} rimm still valid?
[09:43] {Threei} wow
[09:43] {Threei} of course not
[09:43] {Threei} not only lost 120, made new day low
[09:45] {Threei} LVLT proves its POSiness once again
[09:45] {Roman}
21 long ANAD
[09:45] {Roman}
21 10.44
[09:45] {Roman}
21 bounce play, small
[09:46] {Threei} see what a trap RIMM break would have been bruce?
[09:47] {dino} wgov s .13
[09:47] {Threei} no new low RIMM while NQ made one... becomes interesting again but no setup yet
[09:47] {dino} stop .45
[09:49] {Threei} wow, nice on ANAD Roman
[09:50] {Roman}
21 out +.28
[09:50] {Threei} ROM long here
[09:50] {Threei} in
[09:50] {Threei} RIMM sorry
[09:50] {Threei} sh*t... fast tyoping... sorry :(
[09:51] {Threei} out +.30
[09:51] {Roman}
21 in BCON swing (a few months hold)
[09:52] {magoo} aapl going over 164 RISKY feel
[09:52] {pita} rimm out +.26 ty
[09:53] {Threei} wow... you decoded my deeply cryptic message?? :)
[09:54] {pita} just lucky
[09:54] {Roman}
21 watching FCEL for long setup
[09:54] {Roman}
21 could szeeqe nicely
[09:55] {Threei} I like FCEL potential... just can't find right entry on it
[09:55] {bruce} mrvl also strong today - would need to pullbadck
[09:58] {Roman}
21 JASO
[09:58] {magoo} AAPL
[09:58] {Roman}
21 FCEL in
[09:58] {magoo} out .90 + .90
[09:58] {Roman}
21 9.10 small
[09:58] {Threei} cool beans magoo
[09:58] {Threei} good read
[09:58] {magoo} 09:52] {magoo} aapl going over 164 RISKY feel
[09:58] {magoo} [09:53] {pita} rimm out +.26 ty
[09:58] {magoo} [09:53] {Threei} wow... you decoded my deeply
[09:59] {magoo} thanx boss
[09:59] {magoo} feels like it has alot more, but better as a bounce play
[09:59] {Threei} nice FCEL
[09:59] {Threei} you have better feel for it than I do roman
[09:59] {magoo} 166 area...but will breathe hard
[10:00] {Threei} {AAPL} I am known as a hard breather...
[10:01] {Threei} ALTR
[10:01] {Threei} .62 long if holding above .50
[10:02] {dino} wgov bstop to .88
[10:03] {dino} stopped major slip, ave .95, +.18
[10:05] {magoo} altr ionvalid i guess
[10:08] {Onix} advice on MRVL & SWKS please Vad
[10:09] {bruce} heavy breather aapl - you're perfect couple themn mags
[10:09] {dino} v. sm. l cme 482.80
[10:10] {Threei} MRVL, I'd try to get it around 12
[10:12] {GeoArb} JRJC?
[10:12] {bruce} k - was just wopndering if retrace candiate around here
[10:12] {Threei} SWKS... if never loses .55 then .66 is long trigger with market suppot, otherwise around 8.40
[10:12] {GeoArb} broke
[10:13] {Threei} JRJC is tough on brewaks Geo
[10:13] {Threei} it's a pullback stock
[10:13] {GeoArb} ok
[10:13] {dino} rjet
[10:14] {Onix} ty
[10:17] {Threei} RIMM
[10:18] {Threei} .50 break long
[10:18] {Threei} if holding above .35
[10:18] {Threei} that was fast
[10:18] {Threei} over 1:1 already
[10:18] {Threei} too fast for entry?
[10:19] {pita} missed
[10:19] {tomg} no, i got it vad
[10:19] {Threei} wtg
[10:19] {Threei} don't oversit
[10:19] {tomg} out
[10:19] {Threei} good job
[10:19] {Threei} easy money, sin not to grab
[10:19] {tomg} nice call :)
[10:22] {Roman}
21 ENER
[10:23] {dino} penn l .65, stop .33
[10:24] {Threei} BRCM
[10:25] {Threei} if holding above .50, .60 long
[10:26] {Threei} SAM'S CLUB LIMITED SALE OF JASMINE, BASMATI, AND LONG GRAIN WHITE RICE TO 4 BAGS PER MEMBER PER VISIT
- Says that they are not restricting purchase amounts of Flour or oil
[10:26] {Threei} - Reminder COST reported yesterday that some customers were buying unusual quantities of rice, flour, and that they were limiting volumes of purchase{COST}
[10:27] {Roman}
21 BRCM invalidated?
[10:27] {Threei} not yet
[10:27] {Threei} barely touched .49
[10:27] {Chaeron} ...finally... GM all
[10:27] {Threei} chaeron :)
[10:27] {dino} out cme 487.80, +5.00
[10:28] {bruce} wow din - congrats
[10:28] {judijim} wtg dino
[10:28] {dino} ty lucky
[10:28] {Chaeron} great job dino
[10:28] {dino} too soo
[10:28] {GeoArb} nice
[10:29] {dino} too soon, lol
[10:29] * Threei faints
[10:29] {Threei} fantastic one dino
[10:29] {dino} ty
[10:30] {magoo} BRCM valid?
[10:30] {Threei} yes
[10:30] {dino} penn stop to .97
[10:30] {Chaeron} repost please? playback not working
[10:30] {Threei} DOE CRUDE: 2.4M V +1.2ME ; GASOLINE: -3.2M V -2ME ;
[10:30] {Threei} .60 long chaeron
[10:31] {Chaeron} thanks...
[10:31] {Threei} DISTILLATES: -1.38M V -200KE; UTILIZATION: 85.6 % V 82%E
[10:31] {dino} chaer, in at 482.80 out 487.80
[10:31] {Chaeron} huge bro... hope you get another one just like it today
[10:32] {dino} me too
[10:32] {Chaeron} just don[t forget to call it in room first :)
[10:32] {dino} bruce, we blew it on rjet, missed 3x's
[10:32] {Roman}
21 FCEL back to highs
[10:33] {Threei} over 1:1 in a hurry BRCM
[10:34] {bruce} yes - sorry dino - missed pulling it up
[10:35] {judijim} current read on rimm 122?
[10:35] {dino} molx
[10:36] {Threei} over 1:2, feel free to take profit
[10:36] {jmb} ty
[10:36] {Threei} none jj
[10:36] {Threei} too risky here, need more solid consolidation
[10:36] {Threei} jmb :)
[10:36] {dino} penn stop to .05
[10:36] {Roman}
21 SNDK long
[10:36] {Roman}
21 28.18
[10:37] {bruce} paas long candidate dino?
[10:37] {dino} what did you call me?
[10:37] {dino} :)
[10:38] {dino} silver, let me look at nymex 1st
[10:38] {judijim} took quick scalp rimm +.12
[10:38] {dptl} brcm +.17 +.25 ty
[10:39] {Threei} dp :)
[10:39] {dino} paas dk bruce, roman's better at commodities
[10:39] {bruce} k
[10:40] {Threei} I think my personal record on PAAS is something like 1 out of 10
[10:40] {Threei} something in me doesn't agree with that stock
[10:40] {dino} silver -.52, but ??\
[10:41] {dino} shpgy, drug approve
[10:41] {Threei} SHP.UK
[10:41] {Threei} FDA APPROVES VYVANCE TO TREAT ADHD IN ADULTS - WIRE HEADLINE
[10:41] {dino} penn stop to .14
[10:41] {Threei} PTEN
[10:42] {Threei} half lot short
[10:42] {bruce} thats consistent vad
[10:42] {Threei} .95
[10:42] {dino} penn tighten .27
[10:42] {Threei} stop above 29.10
[10:42] {Threei} yeah bruce... if I faded myself I'd have nice record on PAAS :)
[10:43] {pita} in pten .96
[10:44] {Threei} wow BRCM
[10:47] {dino} penn stopped .39, +.74
[10:47] {dino} opps., 38 out, +.73
[10:47] {Threei} that changes everything dino
[10:47] {Chaeron} again, great job dino
[10:48] {dino} ilmn
[10:48] {dino} thx
[10:50] {bruce} shpgy spike dino
[10:50] {dino} ctrp
[10:50] {dino} bruce molx break of .00 short?
[10:51] {bruce} still looks long to me dino
[10:51] {dino} u r right
[10:52] {Threei} no worky PTEN
[10:52] {pita} :(
[10:54] {bruce} sigh - brcm - wish I'dheld some
[10:56] {Chaeron} wow BRCM
[10:56] {GeoArb} wow CERN
[10:57] {magoo} any read AMZN vad?
[10:57] {Threei} I am sure you know the answer
[11:00] {dino} t stop is b/e thing won't move
[11:00] {Roman}
21 going to try short BRCM
[11:01] {Threei} gutsy
[11:01] {Roman}
21 on a bounce
[11:01] {dino} molx s .04 stop hod
[11:02] {Threei} TASR
[11:02] {Threei} HEARING POSITIVE CHATTER CIRCULATING
[11:03] {dino} cern wow
[11:04] {Roman}
21 out SNDK
[11:04] {Roman}
21 JRJC breaking out
[11:04] {Roman}
21 volume
[11:06] {dino} bruce was right molx stopped -.28
[11:09] {Threei} BRCM .11 long if stays above 27
[11:10] {dino} sm risky, s cern .96
[11:13] {judijim} Judi's Mom (82 yo) and Dad (85) are visiting and watching everything move
[11:14] {GeoArb} pressure pressure
[11:14] {magoo} ah..thatswhy u got up early lol
[11:15] {dino} no slacking today
[11:15] {Chaeron} stopped on BRCM
[11:15] {GeoArb} i didnt see BRCM eat thru the ask
[11:15] {GeoArb} (bit too many times)
[11:16] {dino} t stopped .10, +.10
[11:17] {Threei} esemde just called, said hello to everyone
[11:17] {Chaeron} hi ese
[11:17] {Threei} he got hit by nasty virus, computer is in repair
[11:18] {Chaeron} he caught it from his computer?
[11:18] {dino} tell him dino says "cover up"
[11:18] {Threei} lol
[11:25] {dino} cern stopped sm -.40
[11:29] {Threei} you ever got that short on BRCM Roman?
[11:30] {Roman}
21 nope
[11:30] {Threei} :(
[11:33] {dino} ctrp
[11:35] {pita} gotta go, back later I hope.
[11:39] {Threei} HEARING VAGUE CHATTER CIRCULATING AT MSFT MAY COME OUT WITH AN INCREASED OFFER- MSFT has threatened to nominate an alternative board slate or lower the bid if Yahoo does not agree to the current proposal by the April 26 deadline
[11:40] {Threei} (VZ) VENEZUELA FIN MIN: AIMS FOR 19.5% INFLATION FOR 2008
[11:40] {Threei} hmmm... aims?
[11:42] {Onix} so he is trying to get it down to 19.5%!?
[11:42] {Threei} that was what I was wondering as well :)
[11:42] {dino} why doesn't msft just buy the shares on the market now, it's lower than their offer
[11:42] {Threei} lol dino
[11:42] {dino} livermoore would
[11:43] {GeoArb} thats what they would do after april 26?
[11:43] {dino} you will soon see the filings come thru msft owns 30% etc
[11:44] {Threei} livermore withdraw his offer, sold big, showed huge offers all over the place, started nasty rumors all over the place, drive price down to 15 where he would have bought whole thing
[11:44] {Threei} insert "would" in there
[11:44] {dino} and you have a problem w/that...isn't that whats going on all over
[11:44] {dino} "strong buy" then brokers sell, etc
[11:46] {dino} l penn ave .11, stop .97
[11:49] {judijim} taking our AM break, so far + day, had to impress Judi's parents lol
[11:49] {Threei} saw some stats recently
[11:49] {Threei} may not remember exact numbers but something like this:
[11:49] {Threei} about 90% of unpgrades occur within top 10% of price range
[11:49] {Threei} good job jj :)
[11:51] {bruce} hmmm- guess those analysts can read chart that says stock breaking new high
[11:52] {Threei} not really
[11:52] {Threei} most of those upgrades happen in the sharp spike mode
[11:52] {Threei} so their chart reading skills are, ummm
[11:52] {Threei} how do I put it soflty
[11:52] {Chaeron} nice on PENN dino
[11:53] {dino} penn stop to .29
[11:53] {bruce} hows that saying go?
[11:53] {bruce} daon't consort with thieves, crooks and analysts
[11:53] {dino} ty chaer
[11:54] {dino} out penn +.18
[11:55] {dino} bruce, molex, we need a blowoff top
[11:57] {bruce} big volume spike just ahppened dino
[11:58] {dino} molx s .75 stop hod
[12:00] {bruce} still don't like it short despite volume dino - think maybe one more try norht
[12:00] {dino} coin flip, hard stop
[12:01] {dino} you should be going long you're reading it well
[12:01] {Threei} LULU
[12:01] {Threei} 33.50 yesterday's high
[12:01] {dino} cern?
[12:02] {Threei} if you go for break, half lot and stop under .30 LULU
[12:02] {bruce} watching spgy for short dino
[12:02] {bruce} shpgy
[12:02] {bruce} running out of strength looks like
[12:03] {dino} ok
[12:03] {dino} i thought it would get closer to 60 area, was way off
[12:05] {bruce} still might - jumpy - but think worth try short near .20
[12:06] {dino} cern bruce?
[12:08] {bruce} cern - too early to short imo
[12:08] {dino} ok, my wallet in your hands
[12:13] {bruce} s shpgy 58 stop .20 c - may be a bit early
[12:14] {dino} cme coming back down
[12:16] {dino} calm
[12:20] {dino} fast drop mkt
[12:24] {Threei} watching AAPL for bounce
[12:24] {bruce} yes - rimmsky and aapl really responeded to the drop
[12:24] {Threei} RIMM too
[12:26] {Threei} in AAPL
[12:26] {Threei} .55
[12:26] {Threei} stop under .40
[12:26] {hawkfan4} .60
[12:27] {dino} cern bruce, ohhh mannnn
[12:27] {dino} nice shpgy
[12:27] {Threei} out half
[12:27] {Threei} .84
[12:27] {bruce} yes market kickeed it dino
[12:28] {dino} molx stop to .70
[12:28] {jmb} AAPL Thanks Vad
[12:28] {Threei} welcome :)
[12:29] {dino} molx to .56
[12:29] {Threei} out in full
[12:29] {dino} stingy this p.m.
[12:29] {Threei} +.60
[12:29] {dino} nice vadster
[12:29] {Threei} ty
[12:29] {dino} out molx +.19
[12:29] {dino} cover i mean
[12:30] {Threei} it's been a while since I played pure capitulation
[12:30] {hawkfan4} nice one, thx vad
[12:30] {Threei} :)
[12:30] {GeoArb} yeah i was going to say
[12:30] {Threei} wanted RIMM too but two of such simultaneously would be too much
[12:30] {GeoArb} nahhh
[12:31] {magoo} very nice AAPL vad
[12:32] {Threei} ty
[12:33] {Threei} moved 20 cents beyond our sale price, lol
[12:33] {Threei} but heck... easy money is easy money... last 1/8 is the source of all the troubles
[12:34] {Threei} RIMM close to previous turning point
[12:35] {Threei} watch NQ for reversal and scalp
[12:35] {Threei} will be too fast to call
[12:35] {Threei} don't enter until you see NQ turning
[12:36] {Threei} if you miss, so be it
[12:36] {Threei} no confidence still
[12:38] {Threei} AAPL sharp downtick, not holding double bottom
[12:38] {Threei} RIMM is better candidate this time around
[12:39] {Threei} closest support is .20
[12:39] {Threei} OK, in
[12:39] {Threei} .19 stop
[12:39] {magoo} where?
[12:39] {Chaeron} in .33
[12:39] {Threei} .33
[12:40] {magoo} .31
[12:40] {Threei} AAPL bouncing, NQ too
[12:40] {Threei} come on RIMM
[12:40] {Threei} move your butt
[12:42] {Threei} offering half above .50
[12:44] {Threei} hmmm... am I too greedy on this one
[12:44] {magoo} crap..aapl went near a poiunt
[12:44] {Threei} don't care
[12:44] {Threei} it was unreadable move by itself
[12:45] {Threei} but as leading indicator for RIMM it served well
[12:46] {Threei} RIMM is solidly above 1:1, just want more considering how small risk was on this entry
[12:46] {Threei} meaning, don't care about 15 cents stop
[12:47] {Threei} if you do, just take 1:1 and be done with it
[12:47] {magoo} you are a machine..u have completely elimated the emotion of it
[12:47] {Threei} what to be emotional about... it's a stock
[12:48] {Threei} not a girl
[12:48] {Threei} not even a cool techno gadget
[12:48] {magoo} see..i know we played laast aapl bounce..i see it as lost opportunity
[12:48] {Threei} that one was readable
[12:48] {Threei} this one wasn't
[12:49] {Threei} I can't play what I can't read
[12:49] {Threei} lost opportunity to me is when I see a move, get read on it and for some rteason don't uitilize it
[12:50] {Threei} that bothers me because it shows something was wrong with my action
[12:50] {Threei} out RIMM
[12:50] {bruce} \out shpgy for now +.25
[12:51] {Chaeron} out RIMM... shoot
[12:51] {Threei} shake, lol
[12:51] {dino} gj bruce, cern spikes again
[12:51] {magoo} your a robot: )
[12:52] {bruce} k - knda thought it might do that dino
[12:52] {bruce} you played it well
[12:54] {Threei} somewhat controversial play: RIMM long on .50 break
[12:54] {dino} not in bruce waiting at 47.98
[12:54] {Threei} it showed to be such strong resistance, break makes sense for entry now
[12:56] {bruce} k
[12:58] {magoo} all we need is the 1 pm market spike
[13:01] {Threei} market becomes a bit too jerky here
[13:02] {Threei} RIMM is no break anymore
[13:02] {Threei} bounce yes but break no
[13:03] {magoo} i rrally think it depends on naz
[13:03] {magoo} naz powers up..rimm will
[13:04] {dino} mco l .24, stop .94
[13:08] {dino} dmnd
[13:09] {dino} nah, not enough
[13:10] {bruce} cree longbounce candidatre
[13:11] {Threei} .50 break?
[13:13] {dino} cree ouch
[13:13] {bruce} l cree .40 - stop 6 c
[13:13] {Threei} brutal eh?
[13:21] {Threei} bruce... make sure you have some pillow between your chin and keyboard
[13:21] {Threei} CREE can really put you to sleep
[13:21] {dino} lol i was seeing and thinking the same
[13:22] {Threei} not really its character
[13:22] {Threei} it used to be much perkier
[13:22] {dino} i know girls like that too
[13:22] {dino} opps did i say that out loud
[13:23] {Onix} who is driving this market? ... he/she has fallen asleep forsure
[13:23] {Threei} yes you did... and I did copy it to have some compromat on you
[13:24] {Threei} frikin RIMM :)
[13:24] {Chaeron} *sigh*
[13:24] {dino} censoring me again?
[13:24] {Threei} no, just keeping a file... :)
[13:24] {Threei} bruce, wake up
[13:25] {Threei} time to take profit
[13:25] {dino} mco .50 wall
[13:25] * Threei slaps bruce around a bit with a large trout
[13:25] {dino} no worries vad, i will never run for office
[13:25] * magoo slaps bruce around a bit with a large trout
[13:26] {Threei} so what... keeping file is just old KGB habit, nothing to do with plans
[13:26] {dino} hmmmmmmm
[13:27] {Threei} dino, we have a problem
[13:27] {Threei} bruce really fell asleep
[13:27] {dino} que?
[13:27] {dino} he's itm
[13:27] {magoo} maybe we knocked him out vad
[13:28] {Threei} or got frozen... blast of winter in his area
[13:28] {magoo} he lives in rough area
[13:29] {magoo} big buck country thoiugh
[13:29] {Threei} and bigfoot
[13:29] {bruce} half out cree +.18
[13:30] * Threei slaps Laserdave1 around a bit with a large trout
[13:30] * Chaeron slaps Laserdave1 around a bit with a large trout
[13:30] {magoo} u mean yeti..which is white fur ..cold weather
[13:30] {Threei} whew
[13:30] {Threei} wtg bruce
[13:30] {magoo} big foot brown fur ..seatle
[13:31] {dino} gj bruce, i figured it for dead today
[13:35] {bruce} out balance cree +.40c
[13:36] {Threei} what can I say
[13:36] {bruce} needed to justify that 6c risk I had vadster
[13:36] {dino} mco stop to .48
[13:36] {Threei} while we were exercising our, undoubtedly lame, sense of humor abour bruce, he quietly nailed beautufl trade
[13:37] {dino} wtg bruce
[13:37] {bruce} lucky - risk was small - and had feeling it was about to move
[13:37] {dino} the guy has an edge
[13:38] {dino} the skill is the stop, right?
[13:38] {Threei} in this trade the skill was not to fall asleep
[13:39] {dino} he's tough today
[13:39] {dino} out mco +.24
[13:39] {Threei} toughened by winter storm?
[13:39] {Threei} confess bruce... you dug out yet?
[13:39] {bruce} pretty brutal last few days weather wise for sure
[13:39] {bruce} feels like we skippwsed spring and summer
[13:40] {Threei} AAPL
[13:40] {bruce} pretty much vad
[13:40] {Threei} .50 closest support
[13:40] {Threei} grab some long if NQ resumes uoward
[13:40] {bruce} worst part was wind - \gusting 40 to 60 k -makes itcold
[13:40] {Threei} yikes
[13:41] {Threei} in
[13:42] {Threei} got .55
[13:43] {Chaeron} me too
[13:43] {Threei} no markety help yet
[13:43] {Threei} stopped
[13:44] {Threei} will be worth reentry but not ready yet
[13:46] {Chaeron} stopped too on AAPL
[13:47] {Threei} .26 long now
[13:47] {magoo} in .25
[13:47] {Threei} stop under .15
[13:48] {magoo} stop .14
[13:48] {Threei} half out
[13:48] {Threei} scalpers take profit
[13:48] {magoo} 7/16th out
[13:49] {Threei} lol
[13:51] {Threei} out in full
[13:51] {Chaeron} nice job Threei
[13:51] {Threei} +.50
[13:52] {hawkfan4} me too, beauty
[13:52] {Threei} wtg
[13:52] {magoo} out .80 TY vad
[13:52] {Threei} so far. +.60, -.20, +.50 on AAPL today
[13:52] {Threei} not bad record for this monster
[13:53] {Threei} on a day before earnings, no less
[14:00] {dino} cree bruce?
[14:02] {bruce} dk - dino - no read on cree here
[14:04] {bruce} kind of expect cree will just putter around for a bit
[14:05] {judijim} signing off for today, thanks everyone, be back am
[14:06] {Threei} take care jj
[14:07] {bruce} bye jj
[14:09] {dino} later jj
[14:12] {dino} cree l .50, stop .29
[14:13] {magoo} mrk power up
[14:14] {magoo} market..not merck
[14:19] {Threei} not fresh:
[14:19] {Threei} [CNOA] China Organic Agriculture Strength being attributed to overnight posting on CNBC.com
[14:19] {Threei} - China Organic Agriculture may be perhaps one of the best bets out there if you want to take a punt on the rice price boom. The company is targeting the higher end of the market with its products which include green and organic rice.
[14:19] {Threei} 04/09/08 11:15am
[14:24] {bruce} chrw short candidate
[14:26] {dino} out cree .63, slipped, +.13
[14:27] {bruce} congrats dino
[14:28] {magoo} wheres AAPL good vad?
[14:28] {Threei} what's with CLWR
[14:28] {bruce} out chrw +.14
[14:28] {Threei} no read on AAPL here
[14:29] {bruce} 2 to 1 on risk
[14:29] {Threei} no good bruce... any play for less than +.80 is considered voided
[14:30] {dino} messing w/the trading gods
[14:31] {bruce} understood vad
[14:31] {bruce} I'm embarrased I took it off table
[14:31] {Threei} shameful really
[14:31] {bruce} course that means we have to start trading cme
[14:31] {Threei} lol
[14:31] {dino} when it hit 482 again
[14:32] {bruce} and googles in there too
[14:32] {bruce} what fun
[14:34] {bruce} doggy duty break time
[14:35] {dino} lol, my dog has been laying on the floor at my desk all day, ask magoo
[14:41] {Threei} watching CLWR
[14:41] {Threei} quick dive closer to 15 should be scalpable
[14:42] {dino} bolt
[14:44] {dino} one more drop,imo
[14:45] {Threei} finger on a trigger
[14:46] {dino} p-lxt
[14:46] {dino} plxt
[14:47] {Threei} in
[14:47] {Threei} stop under .70
[14:48] {magoo} got .85
[14:49] {Threei} come on CLWR
[14:49] {pita} in
[14:49] {Threei} don't tell me such retreat doesn't serve a bounce
[14:50] {Threei} break that .85 already
[14:53] {magoo} aapl l break 163
[14:54] {magoo} end of day run
[14:54] {magoo} RISKYT
[14:57] {magoo} no setup
[15:00] {dino} back in 10
[15:02] {Threei} seriously in need of chin support
[15:02] {Threei} lest I break the keyboard
[15:07] {magoo} i remember when CLWR was wild one
[15:07] {Threei} it sure moved nicely today
[15:08] {magoo} yes
[15:08] {Threei} you'd think drop from 15.5 to 14.80 deserves a bounce
[15:08] {Threei} but nooo
[15:11] {dino} bolt l .99, stop .69
[15:18] {dino} cree l .37, stop .33
[15:22] {Threei} market probably decided to simply stop trading until AAPL reports
[15:23] {dino} cree stop to .45
[15:24] {dino} out cree .72,
[15:24] {dino} +.35
[15:25] {dino} bruce i owe you a few brews on that one
[15:26] {Threei} nice one guys
[15:28] {dino} out bolt, stop slipped, -.04, from positive .12
[15:30] {Threei} SEC'S COX: LIKELY TO PROPOSE ADDITIONAL LIQUIDITY REQUIREMENTS - LETTER DATED APRIL 16TH- may require banks to hold more cash during turmoil
[15:33] {dino} see vad, you must keep bruce in the room, he makes me $
[15:34] {Threei} see bruce, whi is asking your opinion
[15:34] {Threei} who
[15:42] {dino} vrus spike
[15:45] {dino} vrus s sm .55
[15:51] {dino} vrus bstop is .61 running out of time
[15:53] {dptl} and ....have a good evening all...see ya tomorrow :)
[15:53] {Threei} take care dp
[15:54] {Threei} I will stick around for a few to see what happens with AAPL
[15:54] {Threei} have a good evening those who don't, see you tomorrow
[15:55] {dino} vrus bstop to .50
[15:55] {dino} later dp
[15:59] {dino} nxst spike
[15:59] {dino} nah
[15:59] {dino} cov vrus .47,
[15:59] {dino} +.08
[16:00] {bruce} back
[16:00] {dino} thx all, appreciate the ideas
[16:01] {bruce} night al;
[16:01] {dino} ouch amzn
[16:02] {Threei} AMZN REPORTS Q1 $ V $0.32E, R $4.13B V $4.08BE
[16:03] {Threei} REPORTS Q1 $0.34 V $0.32E, R $4.13B V $4.08BE
[16:03] {Threei} hmmm
[16:04] {Threei} SBUX halted
[16:05] {Threei} still no guidance AMZN
[16:06] {bruce} wow - dive dive dve amzn
[16:07] {Threei} EQIX REPORTS Q1 $0.15 V -$0.13E, R $158.2 V $150.5ME
[16:07] {bruce} eqix big spike
[16:10] {Threei} AMZN guidance finally
[16:11] {Threei} - Guides Q2 Rev $3.875B-$4.075B v $3.84Be
[16:11] {Threei} - Guides FY08 Rev $19.1B-$20B v $19.3Be
[16:11] {Threei} - Q1 Gross margins 22.5% v 22.6% q/q and 23.0% y/y
[16:30] {Threei} AAPL REPORTS Q2 $1.16 V $1.07E, R $ V $6.96BE
[16:30] {Threei} R $7.51B V $6.96BE
- Guides Q3 $1.00 (about) v $1.10e, R $7.2B v $7.16Be
[16:33] {Threei} got any mags?
[16:33] {magoo} no
[16:33] {dino} i'm going to get him a beer
[16:33] {Threei} hard pullback
[16:34] {magoo} wow
[16:35] {Threei} Q2 gross margins: 32.9% v 34.2%e
[16:35] {Threei} - Q2 iPod shipments: 10.6M v 10.3Me
[16:35] {Threei} - Q2 Mac shipments: 2.3M v 2.1Me
[16:35] {Threei} - Q2 iPhone shipments: 1.7M v 1.6Me
[16:43] {Threei} poor SBUX
[16:43] {hawkfan4} clobbered
[16:44] {Threei} always hated their coffee anyway
[16:44] {dino} mcdonalds picking up their coffee business
[16:44] {dino} qcom blood
[16:48] {dino} plxs drop
[16:50] {dino} ok calling it a day, later
Wednesday, April 23, 2008
Monday, April 21, 2008
Apr 21 2008
Session Time: Mon Apr 21 00:00:00 2008
[08:03] {Threei} CAAS
[08:03] {Threei} RECEIVES $35 MILLION FROM PRIVATE PLACEMENT AND RECEIVES GOVERNMENT APPROVAL FOR HENGLONG ACQUISITION
[08:34] {Threei} 04/21/08 08:15am
[08:34] {Threei} [JASO] JA Solar Holdings Signs long-term wafer supply agreement with GCL Silicon Technology
[08:34] {Threei} - Under the agreement, GCL Silicon Technology will supply a total of approximately 6,000 MW of silicon wafers to JA Solar from April 2008 to December 2015 at predetermined prices.
[08:34] {Threei} - Delivery of wafers has commenced in the current month.
[08:58] {Onix} Good morning pilgrims
[09:00] {dino} gm all
[09:03] {GeoArb} gm all
[09:03] {fernp} good morning
[09:04] {Threei} morning guys
[09:04] {Threei} welcome back dino
[09:05] {dino} ty
[09:23] {magoo} mornink
[09:23] {markweb} good morning all
[09:23] {Threei} magoo :)
[09:23] {Threei} mark :)
[09:24] {markweb} :)
[09:24] {magoo} dino back boyz
[09:24] {Threei} you are not misbehaving anymore?
[09:25] {magoo} well...........
[09:31] {bruce} strange - no discussion showing at all this am
[09:31] {GeoArb} yeah same here
[09:31] {Threei} ?
[09:32] {GeoArb} usually when i login all previous vomments visible
[09:32] {magoo} they mean replay vad..no replay today
[09:32] {bruce} my comment is first thing displayed vad
[09:32] {GeoArb} heheh comments
[09:32] {Threei} oh
[09:32] {dino} sm s pgr .60, stop .03
[09:32] {bruce} vomments?- glad i missed those
[09:33] {Threei} lol
[09:34] {Threei} very quiet opening
[09:36] {Threei} IMCL
[09:36] {Threei} long half lot 4.30
[09:38] {Threei} stop for scalpers under 4.15
[09:38] {Threei} for day traders under 47
[09:38] {bruce} 47.30 for imcl?
[09:39] {Threei} was
[09:39] {Threei} scalpers have 1:1
[09:39] {bruce} k - easily confused here
[09:39] {magoo} is imcl stopped, just had office visitor interruption?
[09:40] {Threei} ascending triangle on 1 min, high 47.28 at the moment
[09:40] {Threei} hh?
[09:40] {Threei} wake up guys
[09:40] {magoo} never moind
[09:40] {GeoArb} out half at .51
[09:41] {Threei} daytraders have 1:1
[09:45] {ThurstonHowellTheThird} hello?
[09:46] {Threei} hi thtt
[09:46] {bruce} sorry vad - say the 4.30 entry call and thought I must be looking at wrong stock
[09:47] {Threei} fast typing on a fast stock, trying to get alert out in time... I don't show price, magoo shoots me
[09:47] {GeoArb} i was happy just to see the decimal
[09:47] {GeoArb} and hotkyed in
[09:47] {GeoArb} found error later :)
[09:48] {Roman}
21 CROX
[09:48] {Roman}
21 off 10.50
[09:48] {Roman}
21 long
[09:49] {Roman}
21 SIRF long setup small
[09:50] {Threei} lol
[09:50] {Threei} FED'S EVANS: NOT DISCUSSING ECONOMY OR MONETARY POLICY
[09:50] {Threei} why do you speak at all?
[09:52] {bruce} what you think of jaso long retrace entry here vad?
[09:52] {dino} sm s cwei .80, stop .17
[09:52] {Threei} not delighted bruce
[09:53] {bruce} k-
[09:55] {magoo} aapl feels like its gonna explode to upside
[09:55] {Threei} BRCM
[09:56] {Threei} meant .50 break but it went through while typed
[09:56] {Threei} if lets us in on a slight pullback, long with stop under .35
[10:01] {pita} too late to enter BRCM?
[10:02] {Threei} NASDAQ is downticking right now
[10:03] {Threei} let BRCM form new setup
[10:05] {Threei} too jerky, not sure there is a safe entry on it
[10:07] {Threei} CALM
[10:07] {Threei} half lot long .75
[10:07] {Threei} if holding above .50
[10:09] {markweb} spred 10c?
[10:09] {Threei} that's why half lot
[10:09] {dino} cwei stopped -.40
[10:09] {markweb} k
[10:12] {Threei} CPST 3.04 long, 2.94 stop
[10:14] {Threei} OPEC SEC GENERAL: WOULD NEED TO SEE INVENTORY DECLINE, DROP IN SUPPLY FOR OPEC TO CONSIDER OUTPUT INCREASE
[10:15] {bruce} cpst onlyh has 15 to 30 av daily range vad - still worht playing?
[10:15] {Threei} with 52 week high break, sure
[10:16] {GeoArb} aha sneaky scanner
[10:16] {bruce} k
[10:16] {Chaeron} GM all
[10:16] {Threei} chaeron :)
[10:16] {Threei} CPST is a slow one
[10:20] {dino} aldn sm l .51 stop .17
[10:21] * Chaeron slaps magoo around a bit with a large trout
[10:21] {bruce} etn possible long near here dino
[10:23] {dino} y, like it but not yet, imo
[10:23] {bruce} k - thinking .80 area
[10:23] {fernp} CMCSA possible short
[10:26] {Threei} wow IMCL
[10:26] {dino} aldn stopped hmmm
[10:30] {judijim} good morning all
[10:30] {Threei} jj :)
[10:30] {judijim} I see your response vad but nothing else?
[10:31] {Threei} replay is not working
[10:31] {judijim} OK we'll wait for fix
[10:31] {Threei} they need to reset the server to fix it, so not going to happen until after market
[10:32] {Threei} SBAC .90 break long
[10:32] {Threei} if stays above .75
[10:33] {dino} etn we missed sorry bruce
[10:34] {dino} aldn last try l .00, stop lod
[10:35] {bruce} yes - we'll find more dino
[10:39] {dino} etn just waiting at .02, if it gets there, fine
[10:40] {dino} bolt sm l ave .23
[10:40] {magoo} l aapl here 163
[10:40] {magoo} risky half
[10:40] {dino} pgr stopped -.05
[10:43] {Threei} SBAC stop to .79
[10:44] {magoo} out aapl .24
[10:44] {magoo} + .24
[10:44] {Threei} wtg
[10:45] {dino} gj
[10:45] {magoo} it wants alot higher imo
[10:47] {Threei} SNDK .50 long if stays above .35
[10:47] {dino} etn l .02
[10:48] {Threei} if sets up from here, stop .39
[10:50] {magoo} in .48
[10:51] {fernp} in .48
[10:51] {Chaeron} I suck.. in .51
[10:52] {Threei} 1:1 reached in any case
[10:52] {magoo} waiting .73
[10:53] {fernp} out .70
[10:53] {magoo} took .70 TY vad
[10:53] {Threei} welcome
[10:53] {fernp} TY Vad
[10:54] {jmb} thanks vad
[10:54] {Threei} :)
[10:54] {Threei} 1:2
[10:54] {Chaeron} .69 here many thanks Vad
[10:55] {magoo} .69? u suk he he
[10:56] {Chaeron} tell me about it :)
[11:07] {magoo} l aapl 163
[11:07] {magoo} sorry..as i typed
[11:08] {Chaeron} heheh... Threei sitting back in chair saying, " Not so easy to make calls, huh? " :)
[11:09] {Threei} lol
[11:09] {magoo} lol
[11:14] {Threei} SBAC is moving nowhere annoyingly fast
[11:14] {magoo} i feel market goes green...just a feeling
[11:14] {Threei} but it held well while NASDAQ retreated
[11:14] {Threei} with with .79 stop I am comfortable holding it
[11:18] {magoo} .20 cents in aapl..u on your own
[11:19] {magoo} i still in
[11:23] {bruce} tried a laser autostop in aldn this am - didn't fire even 20c below stop level - obviously can't be trusted
[11:24] {Threei} via OMS?
[11:24] {magoo} really?
[11:24] {bruce} you bet mags
[11:24] {bruce} yep
[11:24] {bruce} oms
[11:25] {bruce} stop was .01
[11:25] {bruce} stock hit .75 and still hadn't fired
[11:25] {bruce} disabled it and exited manually
[11:25] {ThurstonHowellTheThird} thats happened to me a few times...but I think that happens with most execution software
[11:26] {ThurstonHowellTheThird} can't be trusted
[11:26] {bruce} too bad - would be nice to know you can take a bathroom break with a trade on and not have to worry about getting killed
[11:26] {Threei} bruce, can you sent me the settings you use for a stop?
[11:26] {Threei} want to test it
[11:26] {ThurstonHowellTheThird} I think it works better with thick stocks
[11:28] {dino} most do
[11:28] {bruce} action buy - speed fixed - price indicator - stop - price 16.01
[11:28] {bruce} those were settngs vad
[11:28] {bruce} severl trades executed below those levels
[11:28] {Threei} buy?
[11:29] {bruce} yes -
[11:30] {bruce} if had made mistake and set sell it would have added shares since was at 26. 30 when I entered trade
[11:30] {bruce} not big hit - traded it small - very disappointing though
[11:31] {Threei} I am lost
[11:31] {Threei} you were setting a stop for long position?
[11:31] {bruce} would like to have multiple trades on with some safeguard against huge market move
[11:31] {bruce} yes
[11:31] {Threei} so how can it be buy?
[11:32] {bruce} sheesh - sorry - it was a sell stop
[11:33] {Threei} you sure you are not making this mistake when entering it?...
[11:33] {Threei} you just gave an expkanation to why buy and not sell
[11:33] {bruce} yes - neterd and set stop after
[11:34] {magoo} aapl should blast off here...RISKY
[11:35] {Threei} jj, look dcc please
[11:36] {bruce} it was long trade
[11:36] {bruce} set sell stop below entry
[11:37] {bruce} just turned it back on and sure enough it sold
[11:38] {magoo} .30 cents on second aapl {blast off call}
[11:38] {magoo} took .07
[11:41] {bruce} nice one mags
[11:42] {bruce} any read on .63 long nvda beak vad?
[11:45] {Threei} tough one, not sure
[11:45] {Threei} tried OMS stop on SBAC, wortked like charm
[11:45] {bruce} k - heavy resistnace there for sure
[11:46] {dino} aldn stopped -.28, done w/it
[11:46] {bruce} sometimes works - sometimes not - fired for me a momeent ago when I accidentally turned it on
[11:48] {ThurstonHowellTheThird} in the past I remember it giving me some sort of error message on some really thin-fast stocks
[11:49] {bruce} you use laser too thtt?
[11:51] {ThurstonHowellTheThird} yes
[11:52] {bruce} k
[11:52] {ThurstonHowellTheThird} I used TWS on IB before and had similiar issues with their stops as well
[11:54] {ThurstonHowellTheThird} also on swiftrades's prosperpro
[11:55] {bruce} k- so you think it may have to do w depth of stock ? aldn definitely a thin one
[11:56] {ThurstonHowellTheThird} yes , thats my theory...
[11:56] {dino} same here bruce, also, on nyse's it happens more
[11:57] {judijim} be back after "lunch" break
[11:57] {bruce} k-
[11:57] {bruce} yes thought so dino aldn was nas though - figurd it would be good
[11:59] {dino} but bid/ask were spready
[12:00] {dino} l tecua .17 sm
[12:00] {Threei} shakout SBAC
[12:11] {Threei} RIMM 123.10 long if stays above 122.90
[12:13] {Threei} 1:1 in a hurry
[12:14] {Threei} I even managed to spell out whole numbers
[12:15] {Threei} 1:2
[12:15] {jmb} thanks vad
[12:15] {Threei} jmb :)
[12:15] * Threei slaps magoo around a bit with a large trout
[12:16] {Chaeron} hit me too... I missed :(
[12:16] {Threei} nope... your punishment is wait for a slap and never get it
[12:17] {Chaeron} lol
[12:17] {Threei} FEED...
[12:18] {Threei} thing looks ready to explode... but risky as hell
[12:20] {Threei} for adrenalin deprived... if 18.11 is eaten
[12:42] {dino} nxst
[12:49] {Threei} anyone went for FEED, feel free to take profit and change your diapers
[13:07] {Threei} just 4 cents till CPST reaches 1:1,
[13:08] {magoo} 4 cents and 4 hours he he
[13:08] {Threei} and with blazing speed it moves, risking to burn its skin, it may even happen this millenium
[13:08] {Threei} but don't count on it too much
[13:08] {Threei} next millenium is just as likely
[13:13] {magoo} vad, what quote server u using?
[13:13] {Threei} 12
[13:13] {magoo} ty
[13:22] {dino} tecua stop to .57
[13:27] {dino} out tecua .67, +.50
[13:27] {Threei} wtg
[13:27] {patience} nice dino
[13:27] {dino} ty, i started rough
[13:28] {dino} eqix
[13:34] {Threei} watching AAPL
[13:34] {Threei} if holding above .50 and NQ resumes upward, will be worth a shot
[13:35] {Threei} if go for it keep stop under .50 plus a few cents padding
[13:38] {judijim} we just scalped for .11 plus
[13:38] {Threei} :)_
[13:40] {dino} etn stop to .42
[13:41] {dino} out etn .47, +.45
[13:42] {bruce} nice ne dino
[13:42] {dino} took awhile but no danger
[13:43] {dino} tbsi
[13:44] {dino} s .52
[13:53] {GeoArb} back...was entrusted with kid duties
[13:53] {GeoArb} making money without me?
[13:53] {Threei} will you forgive us for that?
[13:53] {dino} the kids were, wow?
[13:54] {GeoArb} heheh
[13:57] * Threei slaps dptl around a bit with a large trout
[13:57] * magoo slaps dptl around a bit with a large trout
[13:57] {dptl} good morning ..or good afternoon all.....lol
[13:57] {Threei} thtt... don't sleep at the wheel
[13:57] {Threei} oh hi dp
[13:57] * ThurstonHowellTheThird slaps dptl around a bit with a large trout
[13:58] {Threei} haven't noticed you there
[13:58] {ThurstonHowellTheThird} sorrry.....was eating
[13:59] {dptl} :)......enything left for me and no playback for some reason
[13:59] * ThurstonHowellTheThird slaps dptl around a bit with a large trout
[13:59] {ThurstonHowellTheThird} there that was the last one
[14:05] {Threei} AAPL .51 long
[14:05] {Threei} .35 stop
[14:07] {magoo} in aaplk
[14:08] {dino} cov tbsi .12, +.40
[14:10] {Threei} NQ downticks sharply, AAPL stays near trigger
[14:11] {Threei} hopefully it's a shakeout by NQ so it reverses quickly
[14:11] {Threei} then we have good one
[14:14] {Threei} touched on 1:1, now touched on stop
[14:14] {Threei} whatever you did, took profit or got stopped is justified by AAPL
[14:14] {dino} bolt stopped .85 -.38
[14:22] {Threei} BRCM is holding quite well
[14:23] {Threei} no play yet but gotta keep an eye on
[14:26] {magoo} i like RIMM here long
[14:26] {magoo} .8
[14:33] {magoo} out rimm .20 + .40
[14:33] {Threei} beautiful spike
[14:33] {dino} etn l .10, stop lod
[14:34] {Threei} chaeron, dcc please
[14:35] {Chaeron} why, am I in trouble?
[14:36] {Threei} aren't you always
[14:41] {Threei} NQ 1910 break should launch next leg up
[14:43] {dino} out etn .50, +.40
[14:43] {Chaeron} nice dino
[14:44] {dino} ty
[14:45] {Threei} broke
[14:45] {magoo} nice read vad
[14:46] {dino} wsci
[14:50] {dino} thmd, thin
[14:57] {dino} thor
[14:57] {Threei} THOR
[14:57] {Threei} FDA APPROVES THORATEC HEART ASSIST DEVICE - FILING
[15:02] {bruce} out eca on spike +.31
[15:02] {magoo} surprised AMZN did not participate today..really powered up into bell friday
[15:03] {Threei} good one bruce, wtg
[15:03] {magoo} when AAPL report anyone?hawk?
[15:03] {bruce} thanx vad
[15:03] {bruce} lucky
[15:03] {hawkfan4} 4/23/08 Q2 2008 Apple Inc. Earnings Release After Market Closes
[15:03] {hawkfan4}
[15:05] {dptl} brcm+.13 ty
[15:05] {Threei} :)
[15:05] {magoo} TY hawk..how about RIMM and AMZN ?
[15:06] {hawkfan4} RIMM already out 4/2, and AMZN same as AAPL
[15:06] {magoo} THANX
[15:06] {hawkfan4} np :)
[15:06] {magoo} EXPLOSIVE then wed nite
[15:12] {Threei} RIMM is now above the price it hit on earnings day
[15:16] {magoo} i dunno.thois market feels real strong to me overall...
[15:16] {bruce} riim wouldhave been great hold play back in feb on double bottom
[15:16] {bruce} up 50% from thre\
[15:18] {Threei} now all we need is a time machine
[15:18] {dino} teloz
[15:19] {bruce} lol - yes
[15:20] {bruce} you still in etn dino?
[15:21] {magoo} there is a big difference between AAPL and GOOG report setups tho
[15:21] {magoo} anyone know?
[15:22] {dino} no, see abovehit it twice, ty btw you found it
[15:22] {magoo} c'mon someone
[15:22] {bruce} yes - paid out nicely
[15:26] * magoo slaps Chaeron around a bit with a large trout
[15:26] * magoo slaps bruce around a bit with a large trout
[15:26] * magoo slaps Raven around a bit with a large trout
[15:27] {Threei} feels like one more retreat to shake out, then another explosion
[15:28] {magoo} watching AAPL vad
[15:29] {dino} risky, sm s thmd .80
[15:30] {magoo} u got a read aapl here?
[15:30] {Threei} RIMM holding a bit better
[15:30] {Threei} both are good candidates though
[15:31] {magoo} plus mkt going down a lil
[15:31] {Threei} that's what I said above... let it shake out and show readiness for another spike
[15:32] {magoo} make the call..u got the ball :)
[15:32] {dino} cavm one more spike feels like
[15:32] {Threei} it's not price based
[15:32] {Threei} pure NQ following
[15:35] {magoo} in .28
[15:36] {magoo} out no gop
[15:38] {Threei} RIMM does move better
[15:40] {Threei} another spike is coming
[15:40] {Threei} this time without shake
[15:41] {Threei} RIMM will take .50 in a jiffy
[15:41] {dino} thmd bstop to b/e
[15:42] {Threei} here is jiffy
[15:46] {bruce} calling it a day
[15:47] {Threei} take care bruce
[15:47] {bruce} see you folks wed - out tomorow
[15:47] {bruce} thanx vad
[15:47] {Threei} did snow hit youe area?
[15:48] {Threei} oops, late
[15:51] {Threei} FEED new hod
[15:51] {Threei} anyone played it earlier?
[15:53] {dino} thmd bstop to .68, gone at close no matter what
[15:54] {Threei} wow, THOR sll the way back
[15:55] {dino} cov w/slip, ave .70, +.10
[15:55] {dptl} have a good evening all :)
[15:56] {dino} thanks all, hope i didn't hurt anyone in the a.m...p.m. worked out tho
[15:56] {Threei} FEED will be a subject of interest tomorow as well
[15:58] {magoo} any big reports tonite?
[15:58] {Threei} nope
[15:59] {judijim} we're done for today, not a good day, - - but we'll be back tomorrow, take care all jj
[15:59] {Threei} thank you aall
[15:59] {magoo} TY vad
[15:59] {Threei} have a good evening, see you tomorrow
[16:01] {magoo} good nite all
[08:03] {Threei} CAAS
[08:03] {Threei} RECEIVES $35 MILLION FROM PRIVATE PLACEMENT AND RECEIVES GOVERNMENT APPROVAL FOR HENGLONG ACQUISITION
[08:34] {Threei} 04/21/08 08:15am
[08:34] {Threei} [JASO] JA Solar Holdings Signs long-term wafer supply agreement with GCL Silicon Technology
[08:34] {Threei} - Under the agreement, GCL Silicon Technology will supply a total of approximately 6,000 MW of silicon wafers to JA Solar from April 2008 to December 2015 at predetermined prices.
[08:34] {Threei} - Delivery of wafers has commenced in the current month.
[08:58] {Onix} Good morning pilgrims
[09:00] {dino} gm all
[09:03] {GeoArb} gm all
[09:03] {fernp} good morning
[09:04] {Threei} morning guys
[09:04] {Threei} welcome back dino
[09:05] {dino} ty
[09:23] {magoo} mornink
[09:23] {markweb} good morning all
[09:23] {Threei} magoo :)
[09:23] {Threei} mark :)
[09:24] {markweb} :)
[09:24] {magoo} dino back boyz
[09:24] {Threei} you are not misbehaving anymore?
[09:25] {magoo} well...........
[09:31] {bruce} strange - no discussion showing at all this am
[09:31] {GeoArb} yeah same here
[09:31] {Threei} ?
[09:32] {GeoArb} usually when i login all previous vomments visible
[09:32] {magoo} they mean replay vad..no replay today
[09:32] {bruce} my comment is first thing displayed vad
[09:32] {GeoArb} heheh comments
[09:32] {Threei} oh
[09:32] {dino} sm s pgr .60, stop .03
[09:32] {bruce} vomments?- glad i missed those
[09:33] {Threei} lol
[09:34] {Threei} very quiet opening
[09:36] {Threei} IMCL
[09:36] {Threei} long half lot 4.30
[09:38] {Threei} stop for scalpers under 4.15
[09:38] {Threei} for day traders under 47
[09:38] {bruce} 47.30 for imcl?
[09:39] {Threei} was
[09:39] {Threei} scalpers have 1:1
[09:39] {bruce} k - easily confused here
[09:39] {magoo} is imcl stopped, just had office visitor interruption?
[09:40] {Threei} ascending triangle on 1 min, high 47.28 at the moment
[09:40] {Threei} hh?
[09:40] {Threei} wake up guys
[09:40] {magoo} never moind
[09:40] {GeoArb} out half at .51
[09:41] {Threei} daytraders have 1:1
[09:45] {ThurstonHowellTheThird} hello?
[09:46] {Threei} hi thtt
[09:46] {bruce} sorry vad - say the 4.30 entry call and thought I must be looking at wrong stock
[09:47] {Threei} fast typing on a fast stock, trying to get alert out in time... I don't show price, magoo shoots me
[09:47] {GeoArb} i was happy just to see the decimal
[09:47] {GeoArb} and hotkyed in
[09:47] {GeoArb} found error later :)
[09:48] {Roman}
21 CROX
[09:48] {Roman}
21 off 10.50
[09:48] {Roman}
21 long
[09:49] {Roman}
21 SIRF long setup small
[09:50] {Threei} lol
[09:50] {Threei} FED'S EVANS: NOT DISCUSSING ECONOMY OR MONETARY POLICY
[09:50] {Threei} why do you speak at all?
[09:52] {bruce} what you think of jaso long retrace entry here vad?
[09:52] {dino} sm s cwei .80, stop .17
[09:52] {Threei} not delighted bruce
[09:53] {bruce} k-
[09:55] {magoo} aapl feels like its gonna explode to upside
[09:55] {Threei} BRCM
[09:56] {Threei} meant .50 break but it went through while typed
[09:56] {Threei} if lets us in on a slight pullback, long with stop under .35
[10:01] {pita} too late to enter BRCM?
[10:02] {Threei} NASDAQ is downticking right now
[10:03] {Threei} let BRCM form new setup
[10:05] {Threei} too jerky, not sure there is a safe entry on it
[10:07] {Threei} CALM
[10:07] {Threei} half lot long .75
[10:07] {Threei} if holding above .50
[10:09] {markweb} spred 10c?
[10:09] {Threei} that's why half lot
[10:09] {dino} cwei stopped -.40
[10:09] {markweb} k
[10:12] {Threei} CPST 3.04 long, 2.94 stop
[10:14] {Threei} OPEC SEC GENERAL: WOULD NEED TO SEE INVENTORY DECLINE, DROP IN SUPPLY FOR OPEC TO CONSIDER OUTPUT INCREASE
[10:15] {bruce} cpst onlyh has 15 to 30 av daily range vad - still worht playing?
[10:15] {Threei} with 52 week high break, sure
[10:16] {GeoArb} aha sneaky scanner
[10:16] {bruce} k
[10:16] {Chaeron} GM all
[10:16] {Threei} chaeron :)
[10:16] {Threei} CPST is a slow one
[10:20] {dino} aldn sm l .51 stop .17
[10:21] * Chaeron slaps magoo around a bit with a large trout
[10:21] {bruce} etn possible long near here dino
[10:23] {dino} y, like it but not yet, imo
[10:23] {bruce} k - thinking .80 area
[10:23] {fernp} CMCSA possible short
[10:26] {Threei} wow IMCL
[10:26] {dino} aldn stopped hmmm
[10:30] {judijim} good morning all
[10:30] {Threei} jj :)
[10:30] {judijim} I see your response vad but nothing else?
[10:31] {Threei} replay is not working
[10:31] {judijim} OK we'll wait for fix
[10:31] {Threei} they need to reset the server to fix it, so not going to happen until after market
[10:32] {Threei} SBAC .90 break long
[10:32] {Threei} if stays above .75
[10:33] {dino} etn we missed sorry bruce
[10:34] {dino} aldn last try l .00, stop lod
[10:35] {bruce} yes - we'll find more dino
[10:39] {dino} etn just waiting at .02, if it gets there, fine
[10:40] {dino} bolt sm l ave .23
[10:40] {magoo} l aapl here 163
[10:40] {magoo} risky half
[10:40] {dino} pgr stopped -.05
[10:43] {Threei} SBAC stop to .79
[10:44] {magoo} out aapl .24
[10:44] {magoo} + .24
[10:44] {Threei} wtg
[10:45] {dino} gj
[10:45] {magoo} it wants alot higher imo
[10:47] {Threei} SNDK .50 long if stays above .35
[10:47] {dino} etn l .02
[10:48] {Threei} if sets up from here, stop .39
[10:50] {magoo} in .48
[10:51] {fernp} in .48
[10:51] {Chaeron} I suck.. in .51
[10:52] {Threei} 1:1 reached in any case
[10:52] {magoo} waiting .73
[10:53] {fernp} out .70
[10:53] {magoo} took .70 TY vad
[10:53] {Threei} welcome
[10:53] {fernp} TY Vad
[10:54] {jmb} thanks vad
[10:54] {Threei} :)
[10:54] {Threei} 1:2
[10:54] {Chaeron} .69 here many thanks Vad
[10:55] {magoo} .69? u suk he he
[10:56] {Chaeron} tell me about it :)
[11:07] {magoo} l aapl 163
[11:07] {magoo} sorry..as i typed
[11:08] {Chaeron} heheh... Threei sitting back in chair saying, " Not so easy to make calls, huh? " :)
[11:09] {Threei} lol
[11:09] {magoo} lol
[11:14] {Threei} SBAC is moving nowhere annoyingly fast
[11:14] {magoo} i feel market goes green...just a feeling
[11:14] {Threei} but it held well while NASDAQ retreated
[11:14] {Threei} with with .79 stop I am comfortable holding it
[11:18] {magoo} .20 cents in aapl..u on your own
[11:19] {magoo} i still in
[11:23] {bruce} tried a laser autostop in aldn this am - didn't fire even 20c below stop level - obviously can't be trusted
[11:24] {Threei} via OMS?
[11:24] {magoo} really?
[11:24] {bruce} you bet mags
[11:24] {bruce} yep
[11:24] {bruce} oms
[11:25] {bruce} stop was .01
[11:25] {bruce} stock hit .75 and still hadn't fired
[11:25] {bruce} disabled it and exited manually
[11:25] {ThurstonHowellTheThird} thats happened to me a few times...but I think that happens with most execution software
[11:26] {ThurstonHowellTheThird} can't be trusted
[11:26] {bruce} too bad - would be nice to know you can take a bathroom break with a trade on and not have to worry about getting killed
[11:26] {Threei} bruce, can you sent me the settings you use for a stop?
[11:26] {Threei} want to test it
[11:26] {ThurstonHowellTheThird} I think it works better with thick stocks
[11:28] {dino} most do
[11:28] {bruce} action buy - speed fixed - price indicator - stop - price 16.01
[11:28] {bruce} those were settngs vad
[11:28] {bruce} severl trades executed below those levels
[11:28] {Threei} buy?
[11:29] {bruce} yes -
[11:30] {bruce} if had made mistake and set sell it would have added shares since was at 26. 30 when I entered trade
[11:30] {bruce} not big hit - traded it small - very disappointing though
[11:31] {Threei} I am lost
[11:31] {Threei} you were setting a stop for long position?
[11:31] {bruce} would like to have multiple trades on with some safeguard against huge market move
[11:31] {bruce} yes
[11:31] {Threei} so how can it be buy?
[11:32] {bruce} sheesh - sorry - it was a sell stop
[11:33] {Threei} you sure you are not making this mistake when entering it?...
[11:33] {Threei} you just gave an expkanation to why buy and not sell
[11:33] {bruce} yes - neterd and set stop after
[11:34] {magoo} aapl should blast off here...RISKY
[11:35] {Threei} jj, look dcc please
[11:36] {bruce} it was long trade
[11:36] {bruce} set sell stop below entry
[11:37] {bruce} just turned it back on and sure enough it sold
[11:38] {magoo} .30 cents on second aapl {blast off call}
[11:38] {magoo} took .07
[11:41] {bruce} nice one mags
[11:42] {bruce} any read on .63 long nvda beak vad?
[11:45] {Threei} tough one, not sure
[11:45] {Threei} tried OMS stop on SBAC, wortked like charm
[11:45] {bruce} k - heavy resistnace there for sure
[11:46] {dino} aldn stopped -.28, done w/it
[11:46] {bruce} sometimes works - sometimes not - fired for me a momeent ago when I accidentally turned it on
[11:48] {ThurstonHowellTheThird} in the past I remember it giving me some sort of error message on some really thin-fast stocks
[11:49] {bruce} you use laser too thtt?
[11:51] {ThurstonHowellTheThird} yes
[11:52] {bruce} k
[11:52] {ThurstonHowellTheThird} I used TWS on IB before and had similiar issues with their stops as well
[11:54] {ThurstonHowellTheThird} also on swiftrades's prosperpro
[11:55] {bruce} k- so you think it may have to do w depth of stock ? aldn definitely a thin one
[11:56] {ThurstonHowellTheThird} yes , thats my theory...
[11:56] {dino} same here bruce, also, on nyse's it happens more
[11:57] {judijim} be back after "lunch" break
[11:57] {bruce} k-
[11:57] {bruce} yes thought so dino aldn was nas though - figurd it would be good
[11:59] {dino} but bid/ask were spready
[12:00] {dino} l tecua .17 sm
[12:00] {Threei} shakout SBAC
[12:11] {Threei} RIMM 123.10 long if stays above 122.90
[12:13] {Threei} 1:1 in a hurry
[12:14] {Threei} I even managed to spell out whole numbers
[12:15] {Threei} 1:2
[12:15] {jmb} thanks vad
[12:15] {Threei} jmb :)
[12:15] * Threei slaps magoo around a bit with a large trout
[12:16] {Chaeron} hit me too... I missed :(
[12:16] {Threei} nope... your punishment is wait for a slap and never get it
[12:17] {Chaeron} lol
[12:17] {Threei} FEED...
[12:18] {Threei} thing looks ready to explode... but risky as hell
[12:20] {Threei} for adrenalin deprived... if 18.11 is eaten
[12:42] {dino} nxst
[12:49] {Threei} anyone went for FEED, feel free to take profit and change your diapers
[13:07] {Threei} just 4 cents till CPST reaches 1:1,
[13:08] {magoo} 4 cents and 4 hours he he
[13:08] {Threei} and with blazing speed it moves, risking to burn its skin, it may even happen this millenium
[13:08] {Threei} but don't count on it too much
[13:08] {Threei} next millenium is just as likely
[13:13] {magoo} vad, what quote server u using?
[13:13] {Threei} 12
[13:13] {magoo} ty
[13:22] {dino} tecua stop to .57
[13:27] {dino} out tecua .67, +.50
[13:27] {Threei} wtg
[13:27] {patience} nice dino
[13:27] {dino} ty, i started rough
[13:28] {dino} eqix
[13:34] {Threei} watching AAPL
[13:34] {Threei} if holding above .50 and NQ resumes upward, will be worth a shot
[13:35] {Threei} if go for it keep stop under .50 plus a few cents padding
[13:38] {judijim} we just scalped for .11 plus
[13:38] {Threei} :)_
[13:40] {dino} etn stop to .42
[13:41] {dino} out etn .47, +.45
[13:42] {bruce} nice ne dino
[13:42] {dino} took awhile but no danger
[13:43] {dino} tbsi
[13:44] {dino} s .52
[13:53] {GeoArb} back...was entrusted with kid duties
[13:53] {GeoArb} making money without me?
[13:53] {Threei} will you forgive us for that?
[13:53] {dino} the kids were, wow?
[13:54] {GeoArb} heheh
[13:57] * Threei slaps dptl around a bit with a large trout
[13:57] * magoo slaps dptl around a bit with a large trout
[13:57] {dptl} good morning ..or good afternoon all.....lol
[13:57] {Threei} thtt... don't sleep at the wheel
[13:57] {Threei} oh hi dp
[13:57] * ThurstonHowellTheThird slaps dptl around a bit with a large trout
[13:58] {Threei} haven't noticed you there
[13:58] {ThurstonHowellTheThird} sorrry.....was eating
[13:59] {dptl} :)......enything left for me and no playback for some reason
[13:59] * ThurstonHowellTheThird slaps dptl around a bit with a large trout
[13:59] {ThurstonHowellTheThird} there that was the last one
[14:05] {Threei} AAPL .51 long
[14:05] {Threei} .35 stop
[14:07] {magoo} in aaplk
[14:08] {dino} cov tbsi .12, +.40
[14:10] {Threei} NQ downticks sharply, AAPL stays near trigger
[14:11] {Threei} hopefully it's a shakeout by NQ so it reverses quickly
[14:11] {Threei} then we have good one
[14:14] {Threei} touched on 1:1, now touched on stop
[14:14] {Threei} whatever you did, took profit or got stopped is justified by AAPL
[14:14] {dino} bolt stopped .85 -.38
[14:22] {Threei} BRCM is holding quite well
[14:23] {Threei} no play yet but gotta keep an eye on
[14:26] {magoo} i like RIMM here long
[14:26] {magoo} .8
[14:33] {magoo} out rimm .20 + .40
[14:33] {Threei} beautiful spike
[14:33] {dino} etn l .10, stop lod
[14:34] {Threei} chaeron, dcc please
[14:35] {Chaeron} why, am I in trouble?
[14:36] {Threei} aren't you always
[14:41] {Threei} NQ 1910 break should launch next leg up
[14:43] {dino} out etn .50, +.40
[14:43] {Chaeron} nice dino
[14:44] {dino} ty
[14:45] {Threei} broke
[14:45] {magoo} nice read vad
[14:46] {dino} wsci
[14:50] {dino} thmd, thin
[14:57] {dino} thor
[14:57] {Threei} THOR
[14:57] {Threei} FDA APPROVES THORATEC HEART ASSIST DEVICE - FILING
[15:02] {bruce} out eca on spike +.31
[15:02] {magoo} surprised AMZN did not participate today..really powered up into bell friday
[15:03] {Threei} good one bruce, wtg
[15:03] {magoo} when AAPL report anyone?hawk?
[15:03] {bruce} thanx vad
[15:03] {bruce} lucky
[15:03] {hawkfan4} 4/23/08 Q2 2008 Apple Inc. Earnings Release After Market Closes
[15:03] {hawkfan4}
[15:05] {dptl} brcm+.13 ty
[15:05] {Threei} :)
[15:05] {magoo} TY hawk..how about RIMM and AMZN ?
[15:06] {hawkfan4} RIMM already out 4/2, and AMZN same as AAPL
[15:06] {magoo} THANX
[15:06] {hawkfan4} np :)
[15:06] {magoo} EXPLOSIVE then wed nite
[15:12] {Threei} RIMM is now above the price it hit on earnings day
[15:16] {magoo} i dunno.thois market feels real strong to me overall...
[15:16] {bruce} riim wouldhave been great hold play back in feb on double bottom
[15:16] {bruce} up 50% from thre\
[15:18] {Threei} now all we need is a time machine
[15:18] {dino} teloz
[15:19] {bruce} lol - yes
[15:20] {bruce} you still in etn dino?
[15:21] {magoo} there is a big difference between AAPL and GOOG report setups tho
[15:21] {magoo} anyone know?
[15:22] {dino} no, see abovehit it twice, ty btw you found it
[15:22] {magoo} c'mon someone
[15:22] {bruce} yes - paid out nicely
[15:26] * magoo slaps Chaeron around a bit with a large trout
[15:26] * magoo slaps bruce around a bit with a large trout
[15:26] * magoo slaps Raven around a bit with a large trout
[15:27] {Threei} feels like one more retreat to shake out, then another explosion
[15:28] {magoo} watching AAPL vad
[15:29] {dino} risky, sm s thmd .80
[15:30] {magoo} u got a read aapl here?
[15:30] {Threei} RIMM holding a bit better
[15:30] {Threei} both are good candidates though
[15:31] {magoo} plus mkt going down a lil
[15:31] {Threei} that's what I said above... let it shake out and show readiness for another spike
[15:32] {magoo} make the call..u got the ball :)
[15:32] {dino} cavm one more spike feels like
[15:32] {Threei} it's not price based
[15:32] {Threei} pure NQ following
[15:35] {magoo} in .28
[15:36] {magoo} out no gop
[15:38] {Threei} RIMM does move better
[15:40] {Threei} another spike is coming
[15:40] {Threei} this time without shake
[15:41] {Threei} RIMM will take .50 in a jiffy
[15:41] {dino} thmd bstop to b/e
[15:42] {Threei} here is jiffy
[15:46] {bruce} calling it a day
[15:47] {Threei} take care bruce
[15:47] {bruce} see you folks wed - out tomorow
[15:47] {bruce} thanx vad
[15:47] {Threei} did snow hit youe area?
[15:48] {Threei} oops, late
[15:51] {Threei} FEED new hod
[15:51] {Threei} anyone played it earlier?
[15:53] {dino} thmd bstop to .68, gone at close no matter what
[15:54] {Threei} wow, THOR sll the way back
[15:55] {dino} cov w/slip, ave .70, +.10
[15:55] {dptl} have a good evening all :)
[15:56] {dino} thanks all, hope i didn't hurt anyone in the a.m...p.m. worked out tho
[15:56] {Threei} FEED will be a subject of interest tomorow as well
[15:58] {magoo} any big reports tonite?
[15:58] {Threei} nope
[15:59] {judijim} we're done for today, not a good day, - - but we'll be back tomorrow, take care all jj
[15:59] {Threei} thank you aall
[15:59] {magoo} TY vad
[15:59] {Threei} have a good evening, see you tomorrow
[16:01] {magoo} good nite all
Friday, April 18, 2008
Apr 18 2008
Session Time: Fri Apr 18 00:00:00 2008
[08:22] {Threei} OIL SURGES AS INVESTORS HUNT AN 'ANTI-DOLLAR' - AMBROSE EVANS-PRITCHARD AT THE TELEGRAPH
- "There is some evidence that Opec has actually cut output by 350,000 bpd since the start of the year - a hostile move in the current climate. It blames the latest spike on "speculators", claiming that world demand will fall 1.4m bpd to 85.7m this quarter as the US grapples with recession."
[08:26] {hawkfan4} good morning
[08:26] {Threei} hawk :)
[08:29] {Threei} so far just what I hate... huge gap up
[08:30] {hawkfan4} and on options friday, not very promising
[08:30] {Threei} ah well
[08:31] {Threei} that was not my stellar week by any standard
[08:31] {Threei} can just as well finish it on mediocre note :)
[08:32] {hawkfan4} lol :) mediocore friday
[08:43] {fernp} gm
[08:43] {magoo} morn
[08:43] {Threei} fernp, magoo :)
[08:53] {Threei} 07:59am [OSTK] Reports Q1 -$0.17 v -$0.32e, R $200.7M v $168.9Me
[08:56] {Onix} Good morning
[08:56] {Threei} onix :)
[08:57] {magoo} vad..from all your experience..wouldn't you think goog will at least have some kind of pullback near opening bell or after bell?
[08:57] {magoo} 82 points
[08:57] {Threei} this is a total coin toss mags...
[08:57] {Threei} look at it this way
[08:58] {Threei} GOOG makes such big moves that it's practically impossible to tell meanignful move from simple uptick/downtick
[08:58] {Threei} where normal stock would get 10 cents pullback, GOOG will make 3-5 bucks one
[08:58] {magoo} but...some poeople got to want to lock that in
[08:59] {Threei} you can manage risk with 10 cents pullback
[08:59] {Threei} can you do the same with 5 bucks pullback?
[08:59] {Threei} its noise has magnitude much bigger than our usual meanigful moves
[09:00] {Threei} you can't trade noise because there is no read to it
[09:00] {Threei} and you can't trade its normal signals because noise exceeds your risk tolerance
[09:00] {Threei} this makes this stock simply untradeable to me
[09:01] {Threei} don't look at it from the point of view of what its chart says... look at it from risk management point of view
[09:01] {Threei} you may get lucky and hit big payoff
[09:01] {Threei} you get unlucky, your loss exceeds your worst nightmare
[09:01] {Threei} in my world it's called gambling
[09:03] {magoo} but..say it drpos sharply say 40 poinyts..isn't it a tradeable cbounce read then?
[09:03] {Threei} to give you further idea about how I approach this, think of our trades on RIMM?AAPL/AMZN in the following terms:
[09:03] {Threei} while we have overall positive experience with them
[09:03] {Threei} our shakeout rate is bigger on them than on your garden variety stock
[09:03] {Threei} why?
[09:04] {Threei} because the only way to stay positive on them is
[09:04] {Threei} to control your risk tight, hunt for the most favorable conditions and try to hit at the right moment.
[09:04] {Threei} However with this comes being shaken out more often on noise
[09:05] {Threei} because their noise is bigger than on garden-variety.
[09:05] {Threei} Now, this signal-to-noise ratio
[09:05] {magoo} true..and size down
[09:05] {Threei} is beyond average on these
[09:05] {Threei} which is exactly the reason for frequent shakeouts
[09:06] {Threei} yet when they do move for us
[09:06] {Threei} they post nice gains that keep us in green overall.
[09:06] {Threei} So when you look at trading them as a process vs separate events, it's a valid way to trade them.
[09:06] {Threei} But, their noise is about max we can handle
[09:07] {Threei} GOOG is way beyond that
[09:07] {Threei} so is BIDU
[09:07] {magoo} and POT
[09:07] {Threei} POT is somewhere inbetween RIMM/AAPL and GOOG/BIDU
[09:07] {Threei} [09:03] {magoo} but..say it drpos sharply say 40 poinyts..isn't it a tradeable cbounce read then?
[09:08] {Threei} sure... but why 40?
[09:08] {Threei} it went up yesterday over 50, andf that was still not all
[09:08] {Threei} how do you tell 40 from 35 or 45 on a stock that makes "meaningful" move of 40 points and then noise part of it 5 more?
[09:09] {Threei} and with noise you can't tell direction
[09:09] {Threei} you hit it at -40, it makes 5 more as a noise
[09:09] {Threei} before reversing.
[09:09] {Threei} You are right chart wise, yet you get hit with nasty loss
[09:09] {Threei} not my cup of tea...
[09:10] {magoo} i see your point
[09:12] {Threei} it's just that for me risk management goes first
[09:12] {Threei} and I cannot for the worlkd of me manage risk effectively on this stock
[09:13] {markweb} good morning all
[09:13] {Threei} mark :)
[09:13] {markweb} :)
[09:15] {cosmo} goog morning
[09:15] {Threei} you bidu us goog morning?
[09:16] {cosmo} ..?....ah....yes.... of course
[09:17] {dptl} good morning all
[09:17] {Threei} dp :)
[09:18] {tomg} gm all, room is going to POT :)
[09:18] {cosmo} hmmm
[09:19] {Threei} did tom just call us grow-op?
[09:19] {tomg} goog morning, vad, grow-op?
[09:19] {cosmo} can tom deliver?
[09:20] {tomg} ha!, good one cosmo
[09:20] {cosmo} :)
[09:20] {Threei} those hidden marijuana grow operations tom :)
[09:20] {tomg} earthquake this morning destroyed my crop
[09:20] {tomg} ah, ok
[09:21] {GeoArb} gm all
[09:21] {esemde} bruce cos dp fern geo hawk jmb mags mark onix patience tom martin and VAD....good morning....
[09:22] {markweb} ese:)
[09:23] {GeoArb} a below average week for me
[09:23] {GeoArb} and option friday
[09:24] {patience} morning ese and rt :)
[09:26] {cosmo} OSTK
[09:26] {Threei} geo, ese, patience :)
[09:27] {Threei} geo... from earlier:
[09:27] {Threei} [08:29] {Threei} so far just what I hate... huge gap up
[09:27] {Threei} [08:30] {hawkfan4} and on options friday, not very promising
[09:27] {Threei} [08:30] {Threei} ah well
[09:27] {Threei} [08:31] {Threei} that was not my stellar week by any standard
[09:27] {Threei} [08:31] {Threei} can just as well finish it on mediocre note :)
[09:27] {GeoArb} i read a great line in trading in zone
[09:27] {GeoArb} most traders experiences/feelings consist of the last couple of trades
[09:28] {Threei} SUSQUEHANNA CUTS POZN TO NET NEUTRAL FROM NET POSITIVE
[09:28] {GeoArb} professions look at last several 100 or something like that
[09:28] {GeoArb} professionals
[09:28] {Threei} yup... that's why I emphasize so often: view trading as a process, not as event or series of events
[09:29] {GeoArb} i did reduce my size though
[09:29] {GeoArb} i dont want consistent worst case to put me out of business :)
[09:31] {Threei} watching BRCM
[09:32] {Threei} need pullback to form the setup
[09:33] {Threei} yeah right
[09:33] {Threei} NFLX
[09:33] {Threei} half lot long .90
[09:33] {Threei} stop under .60
[09:34] {Threei} probably even less than half lot, considering slippage
[09:35] {bruce} cien looks long vad
[09:35] {Threei} NFLX invalidated
[09:35] {Threei} CIEN, 32 long bruce, yes
[09:37] {bruce} erts also looking strong - need pullbadck
[09:40] {Threei} BRCM better
[09:40] {Threei} may try aggressively here
[09:40] {Threei} with tight stop under .60
[09:40] {Threei} odds are 50/50, rather risk based setup
[09:41] {bruce} brcm stop 48 or wso?
[09:41] {Threei} if loses .60, look for another entry point closer to .40
[09:41] {magoo} full lot?
[09:41] {esemde} OSTK.....missed it
[09:41] {Threei} let it show strength first
[09:41] {Threei} yes, full lot, too tight stop
[09:42] {Threei} CIEN triggered
[09:42] {Threei} for scalpers stop .89, for daytrade .79
[09:46] {Threei} CIEN 1:1 for scalpers
[09:46] {esemde} FISV.....missed this as well....findingthings to late
[09:46] {Threei} no strength yet NQ
[09:46] {Threei} debating BRCM entry here
[09:47] {magoo} take look at RIMM vad
[09:47] {bruce} l brcm .38
[09:48] {Threei} beautiful entry bruce
[09:48] {Threei} I overthought it
[09:49] {Threei} RIMM looks like time to try it
[09:49] {Threei} stop under .60 if you got it
[09:50] {Threei} CIEN 1:1 for daytraders
[09:51] {Threei} notice how CIEN is oblivious to market weakness?
[09:52] {fernp} out CIEN +.22 Thanks Vad
[09:52] {bruce} thanx vad - topped +.02c didn't want to let it go against me
[09:52] {esemde} was just looking at CIEN....
[09:52] {Threei} mags
[09:52] {Threei} look at GOOG
[09:53] {Threei} by normal measurements, 528 is long setup
[09:53] {Threei} don't trade it
[09:53] {Threei} observe
[09:53] {magoo} i have been observing..ty
[09:53] {Threei} there.. can you hanbdle such voaltility?
[09:54] {Threei} it breaks, immediately drops 50 cents
[09:54] {bruce} sheesh cien - missed entry playing brcm
[09:54] {bruce} hope some of you got it
[09:54] {Threei} then jumps full dollar
[09:55] {esemde} just missed ADSK as well hmmmmmm
[09:55] {dptl} cien +.10 +.20 ty
[09:55] {esemde} can't get orders in quick enough when i see something
[09:55] {Threei} anyone strill holding CIEN?
[09:56] {esemde} this is not going to be my day....
[09:56] {Threei} just asking in case further read is needed
[09:56] {markweb} pl
[09:56] {Threei} who is pl?
[09:57] {Threei} short version of dptl?
[09:57] {markweb} pl read
[09:57] {Threei} ah
[09:57] {Threei} .30 is next barrier to break, stop is .09 for the balance,
[09:57] {Threei} if it breaks .30, low of this pullback becomes next level to trail stop to
[09:59] {esemde} bstop ADSK .91 1/2 lot
[10:00] {Threei} stop under .80 ese?
[10:00] {Threei} or you want .60 as support?
[10:00] {esemde} yes
[10:00] {esemde} not filled yet though
[10:00] {esemde} na under .80 is god for me
[10:01] {Threei} yeah... with this market gap, option expiration and overall Friday-ness, keep it tight and book profits
[10:01] {esemde} pattern straight out of your book Vad...
[10:02] {Threei} I have a book?
[10:02] {Threei} people keep telling me that...
[10:02] {esemde} might go for the quick hit as well and increase to full lot
[10:02] {Threei} it's under support...
[10:02] {esemde} Adsk invalidated for me now.....
[10:03] {esemde} was looking OK for one breif moment in time
[10:04] {esemde} ADSK following the NDX down
[10:05] {Threei} DLTR, watching for pullback closer to 30 for entry
[10:05] {Threei} BOOM
[10:05] {Threei} TICKING HIGHER ON TAKEOVER CHATTER CIRCULATING
[10:06] {Threei} XIDE again
[10:06] {Threei} .45 half lot long
[10:07] {Threei} CIEN stop to .14 mark
[10:08] {markweb} ty out @.33
[10:08] {bruce} out cien +.20
[10:08] {bruce} unabl;e to post - went long at .19 w 5 c stop
[10:08] {markweb} ty vad
[10:08] {markweb} ty bruce
[10:08] {bruce} welcome mark
[10:09] {Chaeron} hi all
[10:09] {Threei} chaeron :)
[10:10] {Threei} XIDE stop under .30
[10:10] {esemde} CCCCHHHHHHH BAAAAABY!!!!!!!!
[10:10] {Chaeron} ese!!!!!!! -
[10:10] {Chaeron} heheh
[10:11] {esemde} very vocal in support of chaeron.......when i first came on this board CH was the guy getting slapped around the most with the trout
[10:11] {esemde} felt sory for him
[10:11] {Threei} laserdave must have been on vacation at the time
[10:11] {Chaeron} I was?
[10:12] {esemde} I do believe your correct
[10:12] {esemde} ya CH ...seemed like it
[10:12] {markweb} ESLR short Vad?
[10:12] {Threei} something's wierd about ESLR
[10:13] {markweb} bad report
[10:13] {esemde} yes ...would agree ...but What?
[10:13] {Threei} I don't know mark... it trades without rhyme
[10:13] {esemde} wheres the report
[10:14] {Threei} [ESLR] Evergreen Solar Inc Reports Q1 -$0.01 v -$0.07e, R $18.3M v $21.8Me
[10:14] {Threei} - Guides Q2 EPS -0.10 v -$0.09e, R $21.5-22.5M v $21.8Me
[10:14] {Threei} - GM's 36%
[10:16] {Roman}
21 JASO near high
[10:18] {magoo} l rimm asa close to .50 you get
[10:18] {magoo} going for 122
[10:18] {magoo} RISKY
[10:18] {Roman}
21 long JASO off 25.05 break
[10:19] {markweb} JASO stop?
[10:19] {Roman}
21 small
[10:19] {Roman}
21 24.79
[10:19] {markweb} ty
[10:20] {magoo} offer rimm .94
[10:21] {judijim} gm everyone
[10:21] {Threei} jj :)
[10:21] {GeoArb} i missed xide
[10:21] {GeoArb} anyone still in?
[10:22] {Threei} barely holding
[10:22] {Threei} by fingertips
[10:22] {magoo} 160 big magnate for aapl today...but needs mkt to continue up...risky
[10:22] {markweb} stoped @.29
[10:22] {GeoArb} yeah look slike it touched .28
[10:22] {magoo} me vad
[10:22] {Threei} that was mark
[10:22] {magoo} out RIMM .94
[10:22] {magoo} + .30
[10:22] {Threei} good one mags
[10:22] {GeoArb} hmmmm looks like i am only tsking the winning trades (cien)
[10:23] {bruce} hello jj
[10:23] {Threei} hah
[10:23] {hawkfan4} nice one mags, thanks
[10:23] {Threei} they gave you that button geo?
[10:23] {GeoArb} THE EASY BUTTON
[10:23] {magoo} u take hawk?
[10:23] {hawkfan4} yep, +.20
[10:23] {magoo} cool
[10:24] {Roman}
21 DNDN small spike
[10:24] {magoo} good out hawk..has to breathe
[10:24] {Threei} no worky XIDE
[10:24] {bruce} any read ffiv vad? - volume drying up but looks long
[10:25] {Threei} DNDN
[10:25] {Threei} TICKING HIGHER ON RENEWED POSITIVE CHATTER CONCERNED POSSIBLE POSITIVE DEVELOPMENT WITH FDA
[10:25] {Threei} worth a try at .80 bruce
[10:26] {bruce} k vad thanx
[10:28] {Roman}
21 out 1/2 JASO
[10:28] {Roman}
21 .25
[10:29] {bruce} nice roman
[10:29] {Roman}
21 ty
[10:30] {markweb} Thanks Roman:)
[10:30] {Roman}
21 ym
[10:31] {markweb} who in DNDN?
[10:31] {Threei} control risk tihgtly on it mark
[10:32] {Threei} this is very treacherous stock
[10:32] {Roman}
21 PTEN?
[10:32] {Roman}
21 i quess, could sqeeze here with naz
[10:35] {Roman}
21 SOLF
[10:36] {Roman}
21 out remaining JASO +.47
[10:36] {Roman}
21 probably has much more in it
[10:37] {magoo} .50 long aapl to lay out around .88 .91
[10:37] {magoo} RISKJY
[10:37] {magoo} in
[10:42] {GeoArb} anyone having laser issue
[10:42] {GeoArb} i lost laser completely
[10:42] {dptl} fine here
[10:42] {magoo} ok here {so far}
[10:42] {judijim} okhere
[10:43] {magoo} reboot geo
[10:43] {magoo} here we gooooooooo aapl
[10:44] {magoo} out .81 GET out
[10:45] {magoo} + .34
[10:45] {magoo} has to breathe
[10:45] {magoo} there is .91
[10:45] {judijim} ty magoo aapl out at .86
[10:45] {magoo} nice
[10:46] {bruce} nice onemags - aapl gonna pay you- what was stop? - looks like you needed at least 50c for that one
[10:46] {magoo} just remember..they breathe hard
[10:46] {magoo} lay out
[10:46] {magoo} get out
[10:49] {magoo} [10:22] {magoo} 160 big magnate for aapl today...but needs mkt to continue up...risky
[10:49] {magoo} [10:22] {markweb} stoped @.29
[10:49] {GeoArb} back
[10:49] {markweb} was stopped @XIDE
[10:50] {Threei} watch RIMM for entry on this pullback when NQ resumes
[10:50] {magoo} where u thinking?
[10:50] {magoo} ,60 area
[10:51] {Roman}
21 PTEN in small 29.05
[10:52] {magoo} in out RIMM that fast TY vad .96 out .23
[10:52] {Threei} good one
[10:52] {Threei} it's not a price setup right now with RIMM
[10:52] {magoo} no way to post less than minute
[10:52] {Threei} it's a following
[10:53] {Threei} NQ posts sharp spike, RIMM gives little delay for entry
[10:53] {Threei} happens way too quick for timely post
[10:53] {Threei} either you have an experience with such plays or stay away
[10:53] {Threei} all I can do is to give the overall idea of the play
[10:54] {Threei} no way to post in time
[11:01] {Threei} another NQ spike is coming
[11:01] {Threei} lol... arrived while I typed
[11:04] {Threei} what the...
[11:05] {Threei} did we catch OBL?
[11:05] {GeoArb} obl?
[11:05] {Threei} state enemy #1? :)
[11:05] {GeoArb} ohhh
[11:07] {Threei} FORMER FED CHMN GREENSPAN: WOULD 'LIKE TO SAY WORST OF CREDIT CRISIS IS OVER', CREDIT MARKET IS 'STILL CRITICAL'
[11:13] {magoo} i was disconnected..am i here??
[11:14] {Threei} yes
[11:14] {magoo} because i type and it posts like i was here
[11:14] {magoo} so TY
[11:14] {magoo} thought u all had me on ignore
[11:15] {patience} never magoo
[11:15] {magoo} wouldn't blame u he he
[11:15] {Threei} we do... but we would never admit it, we are too polite
[11:19] {magoo} vad..aapl bounce or rimm bounce or no support here?
[11:19] {Threei} will totally depend on NQ
[11:19] {Threei} none of them trades on their owqn merit right now
[11:20] {magoo} understood..just wondering if u watching
[11:23] {markweb} out BRCM +.50 Thanks VAD & BRUCE
[11:24] {Threei} mark is killing the market today
[11:24] {markweb} no
[11:25] {GeoArb} i hereby declare today as the mediocricity erasing friday
[11:25] {Threei} lol
[11:25] {bruce} not my call mark
[11:25] {bruce} glad it worked for you
[11:26] {markweb} i have 4/8
[11:26] {bruce} nice win
[11:27] {Threei} what about win/loss size ratio?
[11:27] {Threei} 50% hit rate works if you manage size ratio right
[11:28] {markweb} 4 win 4 loss/ in green
[11:28] {Threei} size of win vs size of loss is what I mean
[11:29] {markweb} aprx. same
[11:29] {Threei} another NQ spike is coming
[11:29] {Threei} hmmm
[11:30] {Threei} if they are the same, something isn't quite right
[11:30] {markweb} y
[11:30] {Threei} going for strict 1:1 should give you more wins
[11:30] {Threei} holding for more gains will lower amount of wins but improve size ratio
[11:31] {magoo} mark,,u laser?
[11:31] {magoo} go to analysis
[11:31] {markweb} with IB
[11:33] {markweb} doctor have to go to my analysis:)
[11:34] {GeoArb} heyheyhey
[11:34] {GeoArb} an IB guy
[11:34] {GeoArb} i have that too
[11:37] {magoo} they any good?
[11:37] {GeoArb} wellll
[11:37] {GeoArb} depends on your style
[11:37] {GeoArb} probably not for you magoo
[11:37] {magoo} my style
[11:37] {magoo} why
[11:37] {GeoArb} youre a fast scalper
[11:37] {GeoArb} their LII SUCKS
[11:38] {GeoArb} but they are the only broker i know with universal account and extensive API with the bredth of instruments
[11:38] {bruce} how so geo - slow display?
[11:39] {GeoArb} slow and bad :)
[11:39] {GeoArb} mark wanna chime in?
[11:39] {markweb} charting is ^%$&^$%
[11:39] {GeoArb} also they dont do tick data
[11:39] {GeoArb} its snapshots lol
[11:40] {magoo} hmm..how do i apply?
[11:40] {GeoArb} mark DCC pls
[11:40] {bruce} snapshots - not real time ? wow - sucks big time
[11:40] {GeoArb} no its realtime
[11:40] {GeoArb} they just choose to sample and aggregate
[11:41] {GeoArb} lets say one burst every 100 ms
[11:41] {GeoArb} no realtime
[11:41] {GeoArb} tick by tick
[11:41] * Threei slaps Laserdave1 around a bit with a large trout
[11:42] {GeoArb} markweb dcc pls
[11:42] {GeoArb} its good for maitaining positions
[11:42] {GeoArb} not so for scalping
[11:43] {bruce} hmmm k
[11:45] {GeoArb} and did i menton you dont get laserdave their?
[11:45] {GeoArb} average phone wait 30 mins :D
[11:45] {magoo} where do i sign up??
[11:45] {Threei} I am sold
[11:45] {GeoArb} its for longer term positions
[11:46] {Threei} PTEN
[11:47] {Threei} .31 worth a try
[11:47] {Threei} sheesh... too fast
[11:47] {Threei} support .20, see if it pulls back for entry
[11:48] {bruce} amzn on fire
[11:50] {magoo} holy crap AMZN
[11:50] {Threei} XIDE shook us out
[11:50] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:51] {bruce} cien holding hi so far - read on long break vad?
[11:52] {Threei} NQ rather feels like topping out bruce
[11:52] {Threei} at least temporarily
[11:52] {bruce} k- not surprised - reluctant to go long at these levels - thanx
[11:53] {Threei} maybe spike or tewo more but risk becomes way too high here
[11:53] {Threei} because when selloss comes it's likely to be quite hard
[11:53] {Threei} selloff
[11:54] {bruce} yes - was thinkiing same
[11:54] {bruce} looking for short candidates
[11:54] {GeoArb} good friday guys.... off to work... have a great weeekend
[11:55] {Threei} take care Geo, have a good one
[11:55] {Threei} come on PTEN
[11:55] {Threei} one more spike
[11:55] {magoo} have nice weekend
[11:55] {judijim} bye Geo have a good weekend
[11:56] {markweb} bye Geo
[11:56] {bruce} take care geo
[11:56] {Threei} 1:1 PTEN
[11:57] {jmb} PTEN Thanks Vad
[11:57] {Threei} :)
[11:57] {Threei} sheesh JASO
[11:57] {Threei} Roman hit the nail on this one
[11:58] {Roman}
21 out PTEN +.39
[11:59] {tomg} ty pten, vad
[12:00] {tomg} gotta go, have a nice weekend everyone
[12:00] {magoo} bye tom
[12:00] {judijim} taking break be back hour, good day + so far
[12:06] {Threei} take care tom
[12:07] {bruce} bye tom
[12:07] {Threei} CIEN lost the lustre bruce
[12:07] {bruce} congrats jj- you seem to be very consistnet
[12:07] {Threei} break would have been a trap
[12:07] {Threei} good thing we restrained elation
[12:07] {bruce} yes - thought it might - wuld like to see small spike up then short in it
[12:08] {bruce} ibm wlt same long trap
[12:20] {bruce} looks like market still wants up vad
[12:21] {Threei} amazing as it is
[12:25] {Threei} starts feeling like it wants just continue climbing
[12:25] {Threei} not sure I can find easy follopwer though
[12:26] {Threei} there is always QID short of course
[12:26] {Threei} but it's anything but easy
[12:29] {Threei} if NQ bottoms off 1910 and resumes, it should roughly match QID bounce into 43 and resumption of downward
[12:29] {Threei} let's watch how it works
[12:30] {Threei} meawhile... look at NASDAQ daily...
[12:30] {Threei} quite something
[12:30] {Threei} inverted head and shoulder confirmed
[12:30] {Threei} double bottom confirmed
[12:31] {Threei} inverted cup and handle failed
[12:31] {Threei} all bullish formations you can think of
[12:31] {Threei} all kinds of MA rossovers too
[12:32] {Threei} crossovers
[12:32] {Threei} and all this happens when financial/economic climate is one of 1929 kind
[12:33] {Threei} don't be so sleepy guys
[12:34] {Threei} you are wintnessing historic market events
[12:34] {Threei} at least pretend you are interested
[12:34] {magoo} am..want a trade
[12:36] {patience} i am not asleep, just have so many trades in, hedging all over the place.. i'm like magoo...just want a clean scalping opportunity :)
[12:51] {Threei} RIMM short around .50
[12:51] {Threei} with stop above .65
[12:51] {magoo} like it
[12:52] {magoo} amzn too vad..opinion?
[12:52] {Threei} none
[12:53] {magoo} aapl sh?
[12:53] {Threei} can't make sense of AMZN
[12:53] {Threei} AAPL is similar to RIMM but 161.50 is too far now
[12:53] {Threei} RIMM works if you got it above .40 or so
[12:54] {magoo} i just sh aapl @ 161.06
[12:54] {Threei} not my kind of trade
[12:55] {magoo} should have covered indstead of typing
[12:55] {magoo} sigh
[12:55] {Threei} why short into such sharp bar
[12:55] {magoo} loss of whole number..mkt pulling back
[12:56] {Threei} look how RIMM works... thing of beauty
[12:56] {Threei} clean, nice, low risk
[12:57] {Threei} wow... bruce
[12:57] {Threei} 30-50 cm of snow in your neck of woods by Tuesday??
[13:07] {bruce} dunno vad
[13:07] {bruce} anything can happen here
[13:07] {bruce} nice out now
[13:07] {bruce} when it gets above freezing people put on shorts and t shirts
[13:09] {Chaeron} it's going to be 82 or so here......
[13:09] {magoo} 70 here
[13:09] {Chaeron} no clouds in the sky... Raven hates me :)
[13:09] {magoo} so..u hate raven..so its equal lol
[13:10] {Chaeron} no way... Raven's my bud
[13:10] {magoo} bud or bird
[13:10] {Chaeron} lol
[13:17] {Raven}
3 {}
[13:17] {Raven}
3 {---------
[13:17] {bruce} birdbuds
[13:20] {Raven}
3 sheesh
[13:20] {bruce} they rock thru the treetops all day long
[13:21] {bruce} chirpin and a burpin all day long
[13:21] {Raven}
3 you started this, Chaeron !
[13:21] {bruce} oops
[13:21] * Raven slaps Chaeron around a bit with a large trout
[13:21] {bruce} the burpin part is mags
[13:23] {bruce} mags tell you about his fav game?
[13:23] {bruce} beer belchin bingo
[13:24] {magoo} u pushing your luck little man {soup nazi}
[13:25] {bruce} yeah I know - lol
[13:26] {magoo} laserdave, dcc please
[13:33] {Threei} if NQ breaks 1915, AAPL would be my lond candidate
[13:33] {magoo} more than RIMM?
[13:33] {Threei} yeah
[13:43] {Threei} OESX CNBC hype
[13:46] {magoo} LASERDAVE, check DCC
[13:46] {bruce} wow pcln one dollar spike in 15 seconds - a lot of shorts just got squeexed
[13:47] {Threei} no news too
[13:56] {Threei} ENERGY SEC BODMAN SAYS AWARE OF CONCERNS ABOUT EMPHASIS ON ETHANOL
- Adds that concern about environmental impact "not misplaced", but environmental concerns not reason to ignore biofuels
[13:56] {Threei} - Wants diversity of biofuels as it means "moving away" from corn-based ethanol
[14:00] {Laserdave1} magooooooo dcc please
[14:11] {bruce} ibm looks short here
[14:12] {Threei} I don't see any new news
[14:12] {Threei} this drop is another round of market jerkiness
[14:13] {Threei} and can easily turn into new jump
[14:13] {Threei} no new positions
[14:13] {Threei} let it resolve itself
[14:13] {magoo} oh oh
[14:14] * dptl slaps ThurstonHowellTheThird around a bit with a large trout
[14:20] {Threei} see this immediate jump back?
[14:20] {Threei} tell me I don't have a crystal ball...
[14:21] {magoo} you're good
[14:21] {bruce} you don't have a crystal ball
[14:21] {Threei} let me walk around a bit and listen to the sound..
[14:23] {bruce} the sounds of trouts slapping?
[14:23] {Threei} lol
[14:23] {Threei} JPM
[14:23] {magoo} trout???
[14:23] {Threei} watching for long scalp on bounce
[14:23] * magoo slaps Threei around a bit with a large trout
[14:23] * magoo slaps bruce around a bit with a large trout
[14:24] {Threei} want closer to 46
[14:24] * bruce slaps magoo around a bit with a large trout
[14:24] {bruce} take that
[14:24] * bruce slaps magoo around a bit with a large trout
[14:24] {bruce} double trouble
[14:25] * Threei slaps both bruce and magoo around a bit with crystal ball wrapped in a paper used previously for wrapping a trrout
[14:25] {dptl} lol
[14:26] {Threei} first strength from here, JPM
[14:26] {Threei} in
[14:26] {Threei} got .47
[14:27] {Threei} .89 stop
[14:27] {Threei} .97 sorry
[14:27] {Threei} grr... .97 entry, .89 stop
[14:28] {Threei} out
[14:28] {Threei} still feels ready to bounce to me, maybe a few more downticks
[14:29] {bruce} out ibm +.18 c on vadsters instructions to be conservative
[14:30] {Threei} good one
[14:30] {bruce} worked - not really enough for risk
[14:30] {bruce} but hey
[14:30] {bruce} I'll take the coin
[14:31] {bruce} doggy duty break
[14:31] {bruce} but first
[14:31] * bruce slaps magoo around a bit with a large trout
[14:31] * bruce slaps magoo around a bit with a large trout
[14:31] * bruce slaps magoo around a bit with a large trout
[14:31] {bruce} wake up magoo!
[14:31] * bruce slaps magoo around a bit with a large trout
[14:36] {magoo} magoo bounces face off keyboard..wakes up...
[14:43] {magoo} vad, poerup or blowup last hour?
[14:44] {Threei} no 'staying right here" option?
[14:47] {magoo} c'mon, what u feel?
[14:47] {Threei} up
[14:48] {Threei} anyone went for second round JPM, don't oversit it
[14:55] {dptl} Vad what was that symbol really expensive one....brk.r or bkr..or what?
[14:55] {Threei} brk.a
[14:55] {dptl} oh ty
[14:55] {Threei} watching V for possible short
[15:02] {Threei} anyone took it on jump back into 68?
[15:02] {Threei} blinked there a bit too fast for alert
[15:13] {Threei} .86 V long if holding above .80
[15:16] {Threei} take scalp
[15:16] {Threei} easy 15 cents
[15:16] {Threei} 1:2
[15:17] {Threei} OK guys, you all are asleep and I am beat
[15:17] {jmb} Thanks V
[15:17] {Threei} I'll bid you great relaxing weekend
[15:17] {Threei} jmb :)
[15:18] {magoo} ty vad
[15:18] {hawkfan4} thanks vad, enjoy
[15:18] {Threei} have a nice rest, ssee you all on Monday
[15:18] {bruce} you can't quit early vad
[15:18] {judijim} take care Vad, see you Monday:)
[15:18] {Threei} watch me
[15:18] {Threei} :)
[15:18] {dptl} .....have a good weekend all :)
[15:18] {bruce} mags would never forgive you
[15:18] {Threei} I'll find him a nice winner on Monday and bribe him with it
[15:19] {bruce} lol - guess you know mage pretty well
[15:19] {bruce} have a good un
[15:19] {bruce} calling it day myself
[15:19] {Threei} no but i am good at bribery
[15:19] {bruce} take care all
[15:19] {bruce} yes - and friedns that break kneecaps can always be used if bribes don't work
[15:20] {Threei} there... soviet mentality rubs off of you :)
[15:23] {bruce} yes - nice peoceful folks those soviets
[15:23] {bruce} bye all
[15:49] {markweb} take care all
[16:07] {magoo} good nite all
[08:22] {Threei} OIL SURGES AS INVESTORS HUNT AN 'ANTI-DOLLAR' - AMBROSE EVANS-PRITCHARD AT THE TELEGRAPH
- "There is some evidence that Opec has actually cut output by 350,000 bpd since the start of the year - a hostile move in the current climate. It blames the latest spike on "speculators", claiming that world demand will fall 1.4m bpd to 85.7m this quarter as the US grapples with recession."
[08:26] {hawkfan4} good morning
[08:26] {Threei} hawk :)
[08:29] {Threei} so far just what I hate... huge gap up
[08:30] {hawkfan4} and on options friday, not very promising
[08:30] {Threei} ah well
[08:31] {Threei} that was not my stellar week by any standard
[08:31] {Threei} can just as well finish it on mediocre note :)
[08:32] {hawkfan4} lol :) mediocore friday
[08:43] {fernp} gm
[08:43] {magoo} morn
[08:43] {Threei} fernp, magoo :)
[08:53] {Threei} 07:59am [OSTK] Reports Q1 -$0.17 v -$0.32e, R $200.7M v $168.9Me
[08:56] {Onix} Good morning
[08:56] {Threei} onix :)
[08:57] {magoo} vad..from all your experience..wouldn't you think goog will at least have some kind of pullback near opening bell or after bell?
[08:57] {magoo} 82 points
[08:57] {Threei} this is a total coin toss mags...
[08:57] {Threei} look at it this way
[08:58] {Threei} GOOG makes such big moves that it's practically impossible to tell meanignful move from simple uptick/downtick
[08:58] {Threei} where normal stock would get 10 cents pullback, GOOG will make 3-5 bucks one
[08:58] {magoo} but...some poeople got to want to lock that in
[08:59] {Threei} you can manage risk with 10 cents pullback
[08:59] {Threei} can you do the same with 5 bucks pullback?
[08:59] {Threei} its noise has magnitude much bigger than our usual meanigful moves
[09:00] {Threei} you can't trade noise because there is no read to it
[09:00] {Threei} and you can't trade its normal signals because noise exceeds your risk tolerance
[09:00] {Threei} this makes this stock simply untradeable to me
[09:01] {Threei} don't look at it from the point of view of what its chart says... look at it from risk management point of view
[09:01] {Threei} you may get lucky and hit big payoff
[09:01] {Threei} you get unlucky, your loss exceeds your worst nightmare
[09:01] {Threei} in my world it's called gambling
[09:03] {magoo} but..say it drpos sharply say 40 poinyts..isn't it a tradeable cbounce read then?
[09:03] {Threei} to give you further idea about how I approach this, think of our trades on RIMM?AAPL/AMZN in the following terms:
[09:03] {Threei} while we have overall positive experience with them
[09:03] {Threei} our shakeout rate is bigger on them than on your garden variety stock
[09:03] {Threei} why?
[09:04] {Threei} because the only way to stay positive on them is
[09:04] {Threei} to control your risk tight, hunt for the most favorable conditions and try to hit at the right moment.
[09:04] {Threei} However with this comes being shaken out more often on noise
[09:05] {Threei} because their noise is bigger than on garden-variety.
[09:05] {Threei} Now, this signal-to-noise ratio
[09:05] {magoo} true..and size down
[09:05] {Threei} is beyond average on these
[09:05] {Threei} which is exactly the reason for frequent shakeouts
[09:06] {Threei} yet when they do move for us
[09:06] {Threei} they post nice gains that keep us in green overall.
[09:06] {Threei} So when you look at trading them as a process vs separate events, it's a valid way to trade them.
[09:06] {Threei} But, their noise is about max we can handle
[09:07] {Threei} GOOG is way beyond that
[09:07] {Threei} so is BIDU
[09:07] {magoo} and POT
[09:07] {Threei} POT is somewhere inbetween RIMM/AAPL and GOOG/BIDU
[09:07] {Threei} [09:03] {magoo} but..say it drpos sharply say 40 poinyts..isn't it a tradeable cbounce read then?
[09:08] {Threei} sure... but why 40?
[09:08] {Threei} it went up yesterday over 50, andf that was still not all
[09:08] {Threei} how do you tell 40 from 35 or 45 on a stock that makes "meaningful" move of 40 points and then noise part of it 5 more?
[09:09] {Threei} and with noise you can't tell direction
[09:09] {Threei} you hit it at -40, it makes 5 more as a noise
[09:09] {Threei} before reversing.
[09:09] {Threei} You are right chart wise, yet you get hit with nasty loss
[09:09] {Threei} not my cup of tea...
[09:10] {magoo} i see your point
[09:12] {Threei} it's just that for me risk management goes first
[09:12] {Threei} and I cannot for the worlkd of me manage risk effectively on this stock
[09:13] {markweb} good morning all
[09:13] {Threei} mark :)
[09:13] {markweb} :)
[09:15] {cosmo} goog morning
[09:15] {Threei} you bidu us goog morning?
[09:16] {cosmo} ..?....ah....yes.... of course
[09:17] {dptl} good morning all
[09:17] {Threei} dp :)
[09:18] {tomg} gm all, room is going to POT :)
[09:18] {cosmo} hmmm
[09:19] {Threei} did tom just call us grow-op?
[09:19] {tomg} goog morning, vad, grow-op?
[09:19] {cosmo} can tom deliver?
[09:20] {tomg} ha!, good one cosmo
[09:20] {cosmo} :)
[09:20] {Threei} those hidden marijuana grow operations tom :)
[09:20] {tomg} earthquake this morning destroyed my crop
[09:20] {tomg} ah, ok
[09:21] {GeoArb} gm all
[09:21] {esemde} bruce cos dp fern geo hawk jmb mags mark onix patience tom martin and VAD....good morning....
[09:22] {markweb} ese:)
[09:23] {GeoArb} a below average week for me
[09:23] {GeoArb} and option friday
[09:24] {patience} morning ese and rt :)
[09:26] {cosmo} OSTK
[09:26] {Threei} geo, ese, patience :)
[09:27] {Threei} geo... from earlier:
[09:27] {Threei} [08:29] {Threei} so far just what I hate... huge gap up
[09:27] {Threei} [08:30] {hawkfan4} and on options friday, not very promising
[09:27] {Threei} [08:30] {Threei} ah well
[09:27] {Threei} [08:31] {Threei} that was not my stellar week by any standard
[09:27] {Threei} [08:31] {Threei} can just as well finish it on mediocre note :)
[09:27] {GeoArb} i read a great line in trading in zone
[09:27] {GeoArb} most traders experiences/feelings consist of the last couple of trades
[09:28] {Threei} SUSQUEHANNA CUTS POZN TO NET NEUTRAL FROM NET POSITIVE
[09:28] {GeoArb} professions look at last several 100 or something like that
[09:28] {GeoArb} professionals
[09:28] {Threei} yup... that's why I emphasize so often: view trading as a process, not as event or series of events
[09:29] {GeoArb} i did reduce my size though
[09:29] {GeoArb} i dont want consistent worst case to put me out of business :)
[09:31] {Threei} watching BRCM
[09:32] {Threei} need pullback to form the setup
[09:33] {Threei} yeah right
[09:33] {Threei} NFLX
[09:33] {Threei} half lot long .90
[09:33] {Threei} stop under .60
[09:34] {Threei} probably even less than half lot, considering slippage
[09:35] {bruce} cien looks long vad
[09:35] {Threei} NFLX invalidated
[09:35] {Threei} CIEN, 32 long bruce, yes
[09:37] {bruce} erts also looking strong - need pullbadck
[09:40] {Threei} BRCM better
[09:40] {Threei} may try aggressively here
[09:40] {Threei} with tight stop under .60
[09:40] {Threei} odds are 50/50, rather risk based setup
[09:41] {bruce} brcm stop 48 or wso?
[09:41] {Threei} if loses .60, look for another entry point closer to .40
[09:41] {magoo} full lot?
[09:41] {esemde} OSTK.....missed it
[09:41] {Threei} let it show strength first
[09:41] {Threei} yes, full lot, too tight stop
[09:42] {Threei} CIEN triggered
[09:42] {Threei} for scalpers stop .89, for daytrade .79
[09:46] {Threei} CIEN 1:1 for scalpers
[09:46] {esemde} FISV.....missed this as well....findingthings to late
[09:46] {Threei} no strength yet NQ
[09:46] {Threei} debating BRCM entry here
[09:47] {magoo} take look at RIMM vad
[09:47] {bruce} l brcm .38
[09:48] {Threei} beautiful entry bruce
[09:48] {Threei} I overthought it
[09:49] {Threei} RIMM looks like time to try it
[09:49] {Threei} stop under .60 if you got it
[09:50] {Threei} CIEN 1:1 for daytraders
[09:51] {Threei} notice how CIEN is oblivious to market weakness?
[09:52] {fernp} out CIEN +.22 Thanks Vad
[09:52] {bruce} thanx vad - topped +.02c didn't want to let it go against me
[09:52] {esemde} was just looking at CIEN....
[09:52] {Threei} mags
[09:52] {Threei} look at GOOG
[09:53] {Threei} by normal measurements, 528 is long setup
[09:53] {Threei} don't trade it
[09:53] {Threei} observe
[09:53] {magoo} i have been observing..ty
[09:53] {Threei} there.. can you hanbdle such voaltility?
[09:54] {Threei} it breaks, immediately drops 50 cents
[09:54] {bruce} sheesh cien - missed entry playing brcm
[09:54] {bruce} hope some of you got it
[09:54] {Threei} then jumps full dollar
[09:55] {esemde} just missed ADSK as well hmmmmmm
[09:55] {dptl} cien +.10 +.20 ty
[09:55] {esemde} can't get orders in quick enough when i see something
[09:55] {Threei} anyone strill holding CIEN?
[09:56] {esemde} this is not going to be my day....
[09:56] {Threei} just asking in case further read is needed
[09:56] {markweb} pl
[09:56] {Threei} who is pl?
[09:57] {Threei} short version of dptl?
[09:57] {markweb} pl read
[09:57] {Threei} ah
[09:57] {Threei} .30 is next barrier to break, stop is .09 for the balance,
[09:57] {Threei} if it breaks .30, low of this pullback becomes next level to trail stop to
[09:59] {esemde} bstop ADSK .91 1/2 lot
[10:00] {Threei} stop under .80 ese?
[10:00] {Threei} or you want .60 as support?
[10:00] {esemde} yes
[10:00] {esemde} not filled yet though
[10:00] {esemde} na under .80 is god for me
[10:01] {Threei} yeah... with this market gap, option expiration and overall Friday-ness, keep it tight and book profits
[10:01] {esemde} pattern straight out of your book Vad...
[10:02] {Threei} I have a book?
[10:02] {Threei} people keep telling me that...
[10:02] {esemde} might go for the quick hit as well and increase to full lot
[10:02] {Threei} it's under support...
[10:02] {esemde} Adsk invalidated for me now.....
[10:03] {esemde} was looking OK for one breif moment in time
[10:04] {esemde} ADSK following the NDX down
[10:05] {Threei} DLTR, watching for pullback closer to 30 for entry
[10:05] {Threei} BOOM
[10:05] {Threei} TICKING HIGHER ON TAKEOVER CHATTER CIRCULATING
[10:06] {Threei} XIDE again
[10:06] {Threei} .45 half lot long
[10:07] {Threei} CIEN stop to .14 mark
[10:08] {markweb} ty out @.33
[10:08] {bruce} out cien +.20
[10:08] {bruce} unabl;e to post - went long at .19 w 5 c stop
[10:08] {markweb} ty vad
[10:08] {markweb} ty bruce
[10:08] {bruce} welcome mark
[10:09] {Chaeron} hi all
[10:09] {Threei} chaeron :)
[10:10] {Threei} XIDE stop under .30
[10:10] {esemde} CCCCHHHHHHH BAAAAABY!!!!!!!!
[10:10] {Chaeron} ese!!!!!!! -
[10:10] {Chaeron} heheh
[10:11] {esemde} very vocal in support of chaeron.......when i first came on this board CH was the guy getting slapped around the most with the trout
[10:11] {esemde} felt sory for him
[10:11] {Threei} laserdave must have been on vacation at the time
[10:11] {Chaeron} I was?
[10:12] {esemde} I do believe your correct
[10:12] {esemde} ya CH ...seemed like it
[10:12] {markweb} ESLR short Vad?
[10:12] {Threei} something's wierd about ESLR
[10:13] {markweb} bad report
[10:13] {esemde} yes ...would agree ...but What?
[10:13] {Threei} I don't know mark... it trades without rhyme
[10:13] {esemde} wheres the report
[10:14] {Threei} [ESLR] Evergreen Solar Inc Reports Q1 -$0.01 v -$0.07e, R $18.3M v $21.8Me
[10:14] {Threei} - Guides Q2 EPS -0.10 v -$0.09e, R $21.5-22.5M v $21.8Me
[10:14] {Threei} - GM's 36%
[10:16] {Roman}
21 JASO near high
[10:18] {magoo} l rimm asa close to .50 you get
[10:18] {magoo} going for 122
[10:18] {magoo} RISKY
[10:18] {Roman}
21 long JASO off 25.05 break
[10:19] {markweb} JASO stop?
[10:19] {Roman}
21 small
[10:19] {Roman}
21 24.79
[10:19] {markweb} ty
[10:20] {magoo} offer rimm .94
[10:21] {judijim} gm everyone
[10:21] {Threei} jj :)
[10:21] {GeoArb} i missed xide
[10:21] {GeoArb} anyone still in?
[10:22] {Threei} barely holding
[10:22] {Threei} by fingertips
[10:22] {magoo} 160 big magnate for aapl today...but needs mkt to continue up...risky
[10:22] {markweb} stoped @.29
[10:22] {GeoArb} yeah look slike it touched .28
[10:22] {magoo} me vad
[10:22] {Threei} that was mark
[10:22] {magoo} out RIMM .94
[10:22] {magoo} + .30
[10:22] {Threei} good one mags
[10:22] {GeoArb} hmmmm looks like i am only tsking the winning trades (cien)
[10:23] {bruce} hello jj
[10:23] {Threei} hah
[10:23] {hawkfan4} nice one mags, thanks
[10:23] {Threei} they gave you that button geo?
[10:23] {GeoArb} THE EASY BUTTON
[10:23] {magoo} u take hawk?
[10:23] {hawkfan4} yep, +.20
[10:23] {magoo} cool
[10:24] {Roman}
21 DNDN small spike
[10:24] {magoo} good out hawk..has to breathe
[10:24] {Threei} no worky XIDE
[10:24] {bruce} any read ffiv vad? - volume drying up but looks long
[10:25] {Threei} DNDN
[10:25] {Threei} TICKING HIGHER ON RENEWED POSITIVE CHATTER CONCERNED POSSIBLE POSITIVE DEVELOPMENT WITH FDA
[10:25] {Threei} worth a try at .80 bruce
[10:26] {bruce} k vad thanx
[10:28] {Roman}
21 out 1/2 JASO
[10:28] {Roman}
21 .25
[10:29] {bruce} nice roman
[10:29] {Roman}
21 ty
[10:30] {markweb} Thanks Roman:)
[10:30] {Roman}
21 ym
[10:31] {markweb} who in DNDN?
[10:31] {Threei} control risk tihgtly on it mark
[10:32] {Threei} this is very treacherous stock
[10:32] {Roman}
21 PTEN?
[10:32] {Roman}
21 i quess, could sqeeze here with naz
[10:35] {Roman}
21 SOLF
[10:36] {Roman}
21 out remaining JASO +.47
[10:36] {Roman}
21 probably has much more in it
[10:37] {magoo} .50 long aapl to lay out around .88 .91
[10:37] {magoo} RISKJY
[10:37] {magoo} in
[10:42] {GeoArb} anyone having laser issue
[10:42] {GeoArb} i lost laser completely
[10:42] {dptl} fine here
[10:42] {magoo} ok here {so far}
[10:42] {judijim} okhere
[10:43] {magoo} reboot geo
[10:43] {magoo} here we gooooooooo aapl
[10:44] {magoo} out .81 GET out
[10:45] {magoo} + .34
[10:45] {magoo} has to breathe
[10:45] {magoo} there is .91
[10:45] {judijim} ty magoo aapl out at .86
[10:45] {magoo} nice
[10:46] {bruce} nice onemags - aapl gonna pay you- what was stop? - looks like you needed at least 50c for that one
[10:46] {magoo} just remember..they breathe hard
[10:46] {magoo} lay out
[10:46] {magoo} get out
[10:49] {magoo} [10:22] {magoo} 160 big magnate for aapl today...but needs mkt to continue up...risky
[10:49] {magoo} [10:22] {markweb} stoped @.29
[10:49] {GeoArb} back
[10:49] {markweb} was stopped @XIDE
[10:50] {Threei} watch RIMM for entry on this pullback when NQ resumes
[10:50] {magoo} where u thinking?
[10:50] {magoo} ,60 area
[10:51] {Roman}
21 PTEN in small 29.05
[10:52] {magoo} in out RIMM that fast TY vad .96 out .23
[10:52] {Threei} good one
[10:52] {Threei} it's not a price setup right now with RIMM
[10:52] {magoo} no way to post less than minute
[10:52] {Threei} it's a following
[10:53] {Threei} NQ posts sharp spike, RIMM gives little delay for entry
[10:53] {Threei} happens way too quick for timely post
[10:53] {Threei} either you have an experience with such plays or stay away
[10:53] {Threei} all I can do is to give the overall idea of the play
[10:54] {Threei} no way to post in time
[11:01] {Threei} another NQ spike is coming
[11:01] {Threei} lol... arrived while I typed
[11:04] {Threei} what the...
[11:05] {Threei} did we catch OBL?
[11:05] {GeoArb} obl?
[11:05] {Threei} state enemy #1? :)
[11:05] {GeoArb} ohhh
[11:07] {Threei} FORMER FED CHMN GREENSPAN: WOULD 'LIKE TO SAY WORST OF CREDIT CRISIS IS OVER', CREDIT MARKET IS 'STILL CRITICAL'
[11:13] {magoo} i was disconnected..am i here??
[11:14] {Threei} yes
[11:14] {magoo} because i type and it posts like i was here
[11:14] {magoo} so TY
[11:14] {magoo} thought u all had me on ignore
[11:15] {patience} never magoo
[11:15] {magoo} wouldn't blame u he he
[11:15] {Threei} we do... but we would never admit it, we are too polite
[11:19] {magoo} vad..aapl bounce or rimm bounce or no support here?
[11:19] {Threei} will totally depend on NQ
[11:19] {Threei} none of them trades on their owqn merit right now
[11:20] {magoo} understood..just wondering if u watching
[11:23] {markweb} out BRCM +.50 Thanks VAD & BRUCE
[11:24] {Threei} mark is killing the market today
[11:24] {markweb} no
[11:25] {GeoArb} i hereby declare today as the mediocricity erasing friday
[11:25] {Threei} lol
[11:25] {bruce} not my call mark
[11:25] {bruce} glad it worked for you
[11:26] {markweb} i have 4/8
[11:26] {bruce} nice win
[11:27] {Threei} what about win/loss size ratio?
[11:27] {Threei} 50% hit rate works if you manage size ratio right
[11:28] {markweb} 4 win 4 loss/ in green
[11:28] {Threei} size of win vs size of loss is what I mean
[11:29] {markweb} aprx. same
[11:29] {Threei} another NQ spike is coming
[11:29] {Threei} hmmm
[11:30] {Threei} if they are the same, something isn't quite right
[11:30] {markweb} y
[11:30] {Threei} going for strict 1:1 should give you more wins
[11:30] {Threei} holding for more gains will lower amount of wins but improve size ratio
[11:31] {magoo} mark,,u laser?
[11:31] {magoo} go to analysis
[11:31] {markweb} with IB
[11:33] {markweb} doctor have to go to my analysis:)
[11:34] {GeoArb} heyheyhey
[11:34] {GeoArb} an IB guy
[11:34] {GeoArb} i have that too
[11:37] {magoo} they any good?
[11:37] {GeoArb} wellll
[11:37] {GeoArb} depends on your style
[11:37] {GeoArb} probably not for you magoo
[11:37] {magoo} my style
[11:37] {magoo} why
[11:37] {GeoArb} youre a fast scalper
[11:37] {GeoArb} their LII SUCKS
[11:38] {GeoArb} but they are the only broker i know with universal account and extensive API with the bredth of instruments
[11:38] {bruce} how so geo - slow display?
[11:39] {GeoArb} slow and bad :)
[11:39] {GeoArb} mark wanna chime in?
[11:39] {markweb} charting is ^%$&^$%
[11:39] {GeoArb} also they dont do tick data
[11:39] {GeoArb} its snapshots lol
[11:40] {magoo} hmm..how do i apply?
[11:40] {GeoArb} mark DCC pls
[11:40] {bruce} snapshots - not real time ? wow - sucks big time
[11:40] {GeoArb} no its realtime
[11:40] {GeoArb} they just choose to sample and aggregate
[11:41] {GeoArb} lets say one burst every 100 ms
[11:41] {GeoArb} no realtime
[11:41] {GeoArb} tick by tick
[11:41] * Threei slaps Laserdave1 around a bit with a large trout
[11:42] {GeoArb} markweb dcc pls
[11:42] {GeoArb} its good for maitaining positions
[11:42] {GeoArb} not so for scalping
[11:43] {bruce} hmmm k
[11:45] {GeoArb} and did i menton you dont get laserdave their?
[11:45] {GeoArb} average phone wait 30 mins :D
[11:45] {magoo} where do i sign up??
[11:45] {Threei} I am sold
[11:45] {GeoArb} its for longer term positions
[11:46] {Threei} PTEN
[11:47] {Threei} .31 worth a try
[11:47] {Threei} sheesh... too fast
[11:47] {Threei} support .20, see if it pulls back for entry
[11:48] {bruce} amzn on fire
[11:50] {magoo} holy crap AMZN
[11:50] {Threei} XIDE shook us out
[11:50] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:51] {bruce} cien holding hi so far - read on long break vad?
[11:52] {Threei} NQ rather feels like topping out bruce
[11:52] {Threei} at least temporarily
[11:52] {bruce} k- not surprised - reluctant to go long at these levels - thanx
[11:53] {Threei} maybe spike or tewo more but risk becomes way too high here
[11:53] {Threei} because when selloss comes it's likely to be quite hard
[11:53] {Threei} selloff
[11:54] {bruce} yes - was thinkiing same
[11:54] {bruce} looking for short candidates
[11:54] {GeoArb} good friday guys.... off to work... have a great weeekend
[11:55] {Threei} take care Geo, have a good one
[11:55] {Threei} come on PTEN
[11:55] {Threei} one more spike
[11:55] {magoo} have nice weekend
[11:55] {judijim} bye Geo have a good weekend
[11:56] {markweb} bye Geo
[11:56] {bruce} take care geo
[11:56] {Threei} 1:1 PTEN
[11:57] {jmb} PTEN Thanks Vad
[11:57] {Threei} :)
[11:57] {Threei} sheesh JASO
[11:57] {Threei} Roman hit the nail on this one
[11:58] {Roman}
21 out PTEN +.39
[11:59] {tomg} ty pten, vad
[12:00] {tomg} gotta go, have a nice weekend everyone
[12:00] {magoo} bye tom
[12:00] {judijim} taking break be back hour, good day + so far
[12:06] {Threei} take care tom
[12:07] {bruce} bye tom
[12:07] {Threei} CIEN lost the lustre bruce
[12:07] {bruce} congrats jj- you seem to be very consistnet
[12:07] {Threei} break would have been a trap
[12:07] {Threei} good thing we restrained elation
[12:07] {bruce} yes - thought it might - wuld like to see small spike up then short in it
[12:08] {bruce} ibm wlt same long trap
[12:20] {bruce} looks like market still wants up vad
[12:21] {Threei} amazing as it is
[12:25] {Threei} starts feeling like it wants just continue climbing
[12:25] {Threei} not sure I can find easy follopwer though
[12:26] {Threei} there is always QID short of course
[12:26] {Threei} but it's anything but easy
[12:29] {Threei} if NQ bottoms off 1910 and resumes, it should roughly match QID bounce into 43 and resumption of downward
[12:29] {Threei} let's watch how it works
[12:30] {Threei} meawhile... look at NASDAQ daily...
[12:30] {Threei} quite something
[12:30] {Threei} inverted head and shoulder confirmed
[12:30] {Threei} double bottom confirmed
[12:31] {Threei} inverted cup and handle failed
[12:31] {Threei} all bullish formations you can think of
[12:31] {Threei} all kinds of MA rossovers too
[12:32] {Threei} crossovers
[12:32] {Threei} and all this happens when financial/economic climate is one of 1929 kind
[12:33] {Threei} don't be so sleepy guys
[12:34] {Threei} you are wintnessing historic market events
[12:34] {Threei} at least pretend you are interested
[12:34] {magoo} am..want a trade
[12:36] {patience} i am not asleep, just have so many trades in, hedging all over the place.. i'm like magoo...just want a clean scalping opportunity :)
[12:51] {Threei} RIMM short around .50
[12:51] {Threei} with stop above .65
[12:51] {magoo} like it
[12:52] {magoo} amzn too vad..opinion?
[12:52] {Threei} none
[12:53] {magoo} aapl sh?
[12:53] {Threei} can't make sense of AMZN
[12:53] {Threei} AAPL is similar to RIMM but 161.50 is too far now
[12:53] {Threei} RIMM works if you got it above .40 or so
[12:54] {magoo} i just sh aapl @ 161.06
[12:54] {Threei} not my kind of trade
[12:55] {magoo} should have covered indstead of typing
[12:55] {magoo} sigh
[12:55] {Threei} why short into such sharp bar
[12:55] {magoo} loss of whole number..mkt pulling back
[12:56] {Threei} look how RIMM works... thing of beauty
[12:56] {Threei} clean, nice, low risk
[12:57] {Threei} wow... bruce
[12:57] {Threei} 30-50 cm of snow in your neck of woods by Tuesday??
[13:07] {bruce} dunno vad
[13:07] {bruce} anything can happen here
[13:07] {bruce} nice out now
[13:07] {bruce} when it gets above freezing people put on shorts and t shirts
[13:09] {Chaeron} it's going to be 82 or so here......
[13:09] {magoo} 70 here
[13:09] {Chaeron} no clouds in the sky... Raven hates me :)
[13:09] {magoo} so..u hate raven..so its equal lol
[13:10] {Chaeron} no way... Raven's my bud
[13:10] {magoo} bud or bird
[13:10] {Chaeron} lol
[13:17] {Raven}
3 {}
[13:17] {Raven}
3 {---------
[13:17] {bruce} birdbuds
[13:20] {Raven}
3 sheesh
[13:20] {bruce} they rock thru the treetops all day long
[13:21] {bruce} chirpin and a burpin all day long
[13:21] {Raven}
3 you started this, Chaeron !
[13:21] {bruce} oops
[13:21] * Raven slaps Chaeron around a bit with a large trout
[13:21] {bruce} the burpin part is mags
[13:23] {bruce} mags tell you about his fav game?
[13:23] {bruce} beer belchin bingo
[13:24] {magoo} u pushing your luck little man {soup nazi}
[13:25] {bruce} yeah I know - lol
[13:26] {magoo} laserdave, dcc please
[13:33] {Threei} if NQ breaks 1915, AAPL would be my lond candidate
[13:33] {magoo} more than RIMM?
[13:33] {Threei} yeah
[13:43] {Threei} OESX CNBC hype
[13:46] {magoo} LASERDAVE, check DCC
[13:46] {bruce} wow pcln one dollar spike in 15 seconds - a lot of shorts just got squeexed
[13:47] {Threei} no news too
[13:56] {Threei} ENERGY SEC BODMAN SAYS AWARE OF CONCERNS ABOUT EMPHASIS ON ETHANOL
- Adds that concern about environmental impact "not misplaced", but environmental concerns not reason to ignore biofuels
[13:56] {Threei} - Wants diversity of biofuels as it means "moving away" from corn-based ethanol
[14:00] {Laserdave1} magooooooo dcc please
[14:11] {bruce} ibm looks short here
[14:12] {Threei} I don't see any new news
[14:12] {Threei} this drop is another round of market jerkiness
[14:13] {Threei} and can easily turn into new jump
[14:13] {Threei} no new positions
[14:13] {Threei} let it resolve itself
[14:13] {magoo} oh oh
[14:14] * dptl slaps ThurstonHowellTheThird around a bit with a large trout
[14:20] {Threei} see this immediate jump back?
[14:20] {Threei} tell me I don't have a crystal ball...
[14:21] {magoo} you're good
[14:21] {bruce} you don't have a crystal ball
[14:21] {Threei} let me walk around a bit and listen to the sound..
[14:23] {bruce} the sounds of trouts slapping?
[14:23] {Threei} lol
[14:23] {Threei} JPM
[14:23] {magoo} trout???
[14:23] {Threei} watching for long scalp on bounce
[14:23] * magoo slaps Threei around a bit with a large trout
[14:23] * magoo slaps bruce around a bit with a large trout
[14:24] {Threei} want closer to 46
[14:24] * bruce slaps magoo around a bit with a large trout
[14:24] {bruce} take that
[14:24] * bruce slaps magoo around a bit with a large trout
[14:24] {bruce} double trouble
[14:25] * Threei slaps both bruce and magoo around a bit with crystal ball wrapped in a paper used previously for wrapping a trrout
[14:25] {dptl} lol
[14:26] {Threei} first strength from here, JPM
[14:26] {Threei} in
[14:26] {Threei} got .47
[14:27] {Threei} .89 stop
[14:27] {Threei} .97 sorry
[14:27] {Threei} grr... .97 entry, .89 stop
[14:28] {Threei} out
[14:28] {Threei} still feels ready to bounce to me, maybe a few more downticks
[14:29] {bruce} out ibm +.18 c on vadsters instructions to be conservative
[14:30] {Threei} good one
[14:30] {bruce} worked - not really enough for risk
[14:30] {bruce} but hey
[14:30] {bruce} I'll take the coin
[14:31] {bruce} doggy duty break
[14:31] {bruce} but first
[14:31] * bruce slaps magoo around a bit with a large trout
[14:31] * bruce slaps magoo around a bit with a large trout
[14:31] * bruce slaps magoo around a bit with a large trout
[14:31] {bruce} wake up magoo!
[14:31] * bruce slaps magoo around a bit with a large trout
[14:36] {magoo} magoo bounces face off keyboard..wakes up...
[14:43] {magoo} vad, poerup or blowup last hour?
[14:44] {Threei} no 'staying right here" option?
[14:47] {magoo} c'mon, what u feel?
[14:47] {Threei} up
[14:48] {Threei} anyone went for second round JPM, don't oversit it
[14:55] {dptl} Vad what was that symbol really expensive one....brk.r or bkr..or what?
[14:55] {Threei} brk.a
[14:55] {dptl} oh ty
[14:55] {Threei} watching V for possible short
[15:02] {Threei} anyone took it on jump back into 68?
[15:02] {Threei} blinked there a bit too fast for alert
[15:13] {Threei} .86 V long if holding above .80
[15:16] {Threei} take scalp
[15:16] {Threei} easy 15 cents
[15:16] {Threei} 1:2
[15:17] {Threei} OK guys, you all are asleep and I am beat
[15:17] {jmb} Thanks V
[15:17] {Threei} I'll bid you great relaxing weekend
[15:17] {Threei} jmb :)
[15:18] {magoo} ty vad
[15:18] {hawkfan4} thanks vad, enjoy
[15:18] {Threei} have a nice rest, ssee you all on Monday
[15:18] {bruce} you can't quit early vad
[15:18] {judijim} take care Vad, see you Monday:)
[15:18] {Threei} watch me
[15:18] {Threei} :)
[15:18] {dptl} .....have a good weekend all :)
[15:18] {bruce} mags would never forgive you
[15:18] {Threei} I'll find him a nice winner on Monday and bribe him with it
[15:19] {bruce} lol - guess you know mage pretty well
[15:19] {bruce} have a good un
[15:19] {bruce} calling it day myself
[15:19] {Threei} no but i am good at bribery
[15:19] {bruce} take care all
[15:19] {bruce} yes - and friedns that break kneecaps can always be used if bribes don't work
[15:20] {Threei} there... soviet mentality rubs off of you :)
[15:23] {bruce} yes - nice peoceful folks those soviets
[15:23] {bruce} bye all
[15:49] {markweb} take care all
[16:07] {magoo} good nite all
Thursday, April 17, 2008
Apr 17 2008
Session Time: Thu Apr 17 00:00:00 2008
[08:05] {Threei} SPWR
[08:05] {Threei} REPORTS Q1 $0.39 V $0.35E; R $273.7M V $245.2ME
- Gross margins 24%
[08:05] {Threei} - Guides FY EPS $2.10- 2.20 v 2.07e
[08:22] {fernp} gm
[08:25] {Threei} fernp :)
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 372K V 375KE;
[08:30] {Threei} CONTINUING CLAIMS: 2.984MM V 2.950ME
- Prior Initial Jobless Claims revised from 357K to 355K
[08:30] {Threei} - Prior Continuing Claims revised from 2.940M to 2.958M
[09:00] {Onix} Good morning pilgrims
[09:00] {Threei} onix :)
[09:07] {magoo} morning
[09:07] {GeoArb} gm
[09:07] {Threei} magoo, geo :)
[09:08] {magoo} ]what a start this morn
[09:08] {magoo} i forgot to put coffee pot under drip in machine
[09:08] {magoo} all 12 cups of coffee direct on carpet
[09:08] {magoo} then computer issues..needed tp reboot our dsl box
[09:09] {magoo} sigh
[09:09] {Threei} wow
[09:09] {magoo} i been here since 8:20 am
[09:09] {Threei} {--- waiting for the part explaining how all that is my fault
[09:09] {magoo} then i overflowed clogged sink in bathroom..had to mop thhat floor
[09:11] {Onix} Morning magoo ... at least now you are wide awake hey?
[09:12] {magoo} yeah..no kidding..what a start
[09:12] {magoo} hope it not a sign of day to come
[09:12] {dptl} good morning all
[09:13] {Threei} dp :)
[09:13] {Onix} its seems as if there is quite a bit of selling going on pre-market in the nd-100?
[09:15] {Threei} yup
[09:15] {markweb} good morning all
[09:15] {Threei} even with IBM good numbers
[09:15] {Threei} mark :)
[09:15] {markweb} :)
[09:16] {Onix} profit-taking after yesterday's up or stall of up move?
[09:17] {magoo} IBM hit over 125 afterhrs last night
[09:17] {magoo} RIMM powered 122 area and AAPL 155 with it
[09:18] {Threei} anyone's guess Onix
[09:18] {Threei} this is not a market obeying normal technical patterns in any timeframe beyond minutes
[09:20] {GeoArb} i got kicked out
[09:20] {GeoArb} and it said error no more connections
[09:22] {Onix} I am starting to prefer scalping to swing/momentum trading
[09:24] {esemde} Good morning
[09:24] {markweb} ese)
[09:24] {esemde} mark
[09:24] {Threei} ese :)
[09:24] {esemde} vad
[09:29] {Threei} IBM
[09:29] {Threei} PRICE TARGET RAISED TO $155 FROM $140 AT S&P EQUITY RESEARCH; MAINTAINS STRONG BUY RATING
[09:30] {Threei} serious dump IBM
[09:30] {magoo} if IF mkt bounces IBM should
[09:30] {Threei} bounce candidate for sure, just too fast to call in time
[09:31] {Threei} see?
[09:31] {Threei} 60 cents while I typed
[09:31] {magoo} yep
[09:32] {ThurstonHowellTheThird} gm all
[09:32] {Threei} EPIC half lot short on 8 breakdown
[09:32] {Threei} thtt :)
[09:33] {Threei} stop 8.25
[09:35] {Threei} too volatile... let's tighten it to abive 8.10
[09:35] {Threei} if shakes out so be it
[09:36] {Threei} feel free to dump it, jumps too much
[09:39] {Threei} PTEN
[09:39] {Threei} .50 long
[09:39] {Threei} stop under .35
[09:39] {magoo} AAPL held that naz dump well
[09:40] {GeoArb} wo that was fast
[09:40] {Threei} PTEN 1:1, 1/3 out for me
[09:40] {Threei} 1/2 sorry
[09:41] {Threei} looks capable of more
[09:41] {Roman}
21 JASO high
[09:41] {Threei} CSIQ and CSUN strength too
[09:43] {Threei} .44 stop for the balance PTEN
[09:43] {Threei} feels a bit too tight for this stock but I really don't want to give much back
[09:44] {Threei} EBAY
[09:44] {Threei} short candidate on bounce
[09:45] {Threei} as close to 31 as possible
[09:45] {magoo} EBAY report bad?
[09:46] {Threei} not really
[09:46] {Threei} concerns about future
[09:48] {Threei} 31.20 next resistance
[09:48] {Threei} if got it here, keep stop above that level
[09:49] {magoo} waiting .74 PTEN
[09:49] {magoo} here we go
[09:49] {Roman}
21 long ESLR
[09:49] {Roman}
21 10.95 1/2 size
[09:49] {Threei} ESLR earnings today, don't forget
[09:50] {magoo} after bell Right?
[09:50] {Threei} yes
[09:50] {magoo} may hold it back
[09:50] {Threei} or propel it
[09:50] {magoo} although ..who knows
[09:50] {Threei} just adds uncertainty
[09:50] {magoo} rimm long here
[09:51] {magoo} RISKY
[09:51] {Threei} as traders reposition themselves according to how they see earnings
[09:51] {magoo} wait for naz bounce firsyyt
[09:52] {Threei} let's tighten EBAY to .15
[09:52] {Threei} don't want to run into higherlow/highs scenario
[09:52] {magoo} vad..read on RIMM..not in
[09:52] {Threei} if it takes .15, it's unlikely that .20 is going to hold
[09:53] {Threei} RIMM, I'd look for entry closer to .20
[09:53] {magoo} damm..now my office bulbs are dying...flourecent
[09:54] {esemde} SOLF
[09:54] {magoo} vad..look aapl..no connection to naz
[09:54] {Threei} move your lazy butt already PTEN
[09:54] {magoo} where u waiting?
[09:54] {Threei} stop to .49 btw
[09:55] {Threei} no price target, will feed patrials into sharp spikes if they come
[09:56] {Threei} EBAY, just what I thought
[09:56] {esemde} SOLF didn't get the order in fast enough
[09:56] {magoo} i was gonna use your call in reverse
[09:56] {Threei} buy .15?
[09:56] {magoo} as in ebay break of .15 long lol
[09:56] {Threei} why not
[09:56] {magoo} cause i have all attention on rimm
[09:57] {Threei} a lotr of setups are two-sided
[09:57] {magoo} i don't have 3 eyes
[09:57] {Threei} ask STEM for help in growing it
[09:58] {magoo} u know how i feel about that one...its been banned from spoken words in this kingdom
[09:59] {ThurstonHowellTheThird} NFLX?
[09:59] {Threei} TMA
[09:59] {Threei} TICKING HIGHER, HEARING MERGERMARKETS REPORTS THAT DB IS PLANNING ROLE IN ATTEMPTED SAVE OF CO.
[10:00] {Threei} MAR LEADING INDICATORS: 0.1% V 0.1%E
[10:00] {esemde} Theres NUAN again
[10:00] {Threei} APRIL PHILADELPHIA FED INDEX: -24.9 V -15.0E
[10:00] {Threei} yikes
[10:01] {Threei} - New Orders: -18.8 v -9.3 prior
[10:01] {Threei} - Employment: -4.7 v -4.7 prior
[10:01] {Threei} - Prices Paid: 51.6 v 54.4 prior
[10:01] {Threei} - Inventories: -26.2 v -13 prior
[10:01] {esemde} NUAN 3 month high
[10:02] {Threei} Six-month business conditions outlook: 13.7 v -10.5 prior
[10:04] {Threei} well, the numbers are so bad, market just has to go up
[10:04] {esemde} any news on NUAN VAD
[10:04] {Threei} RIMM .51 long if holding above .30
[10:05] {Threei} not ffresh
[10:05] {Threei} 04/16/08 09:38am [NUAN] Strength being attributed to takeover chatter
[10:05] {esemde} hmmmmmm
[10:06] {Threei} RIMM invalidated
[10:06] {Threei} bounce candidate but not a break anymore
[10:06] {Threei} PTEN balance stop to .54
[10:07] {esemde} long ASML 27.15 1/2 lot
[10:10] {dptl} out ebay +.20 ty
[10:10] {Threei} good boy PTEN
[10:11] {Threei} out 1/4 more
[10:11] {esemde} good looking tade PTEN vad
[10:11] {Threei} .54 stop for remaining portion, letting it trade
[10:11] {esemde} thats "trade"
[10:12] {Threei} our dubious typing skills tend to rub off ese :)
[10:13] {Threei} lol... look at the chart since comment
[10:13] {Threei} [10:04] {Threei} well, the numbers are so bad, market just has to go up
[10:14] {esemde} it's gonna hit 29.00 though
[10:15] {Threei} PTEN is in uncharted territory... 52 week highs
[10:16] {esemde} could go farther then.......nobody selling up there
[10:17] {dptl} asml +.11 ty Ese
[10:17] {Threei} NSANY strength is attributed to rumors that Threei is going to update his Murano to 2009 model
[10:18] {markweb} out ASML +.16 ThanksESE:)
[10:18] {Threei} good job guys
[10:19] {esemde} welcome.....just going to hang for another little push
[10:19] {Threei} when CTDC starts p;opping on scanner amidst solars strength, you know HOKU is next, lol
[10:20] {esemde} OUT ASML
[10:20] {markweb} gj ese
[10:21] {esemde} that slipped out......
[10:21] {esemde} Am out now .47 was just gettingg ready
[10:22] {markweb} ASML "little push":)
[10:22] {esemde} +.32
[10:22] {Threei} PTEN stop to .59
[10:23] {esemde} was looking for that litle blow off top
[10:26] {esemde} NUAN baby!!!
[10:27] {markweb} u in nuan?
[10:27] {esemde} no.....
[10:27] {markweb} me2:)
[10:28] {esemde} Vad was there a price target mentioned on those take over rumnors
[10:28] {esemde} for nuan that is
[10:28] {Threei} no
[10:30] {bruce} l sds 59.85 stop .68
[10:30] {esemde} lotws ofselling at .95 to 20.00 level
[10:30] {esemde} could really go if it gets through that
[10:30] {Threei} ENER looks tempting on pullback
[10:30] {Threei} .60 closest support
[10:32] {esemde} I get this "somebody knows something " feeling about nuan
[10:33] {Threei} scary trade, for adrenalin deprived: POT
[10:33] {Threei} likely to go to 200 and break it
[10:33] {Threei} volatility is enormous
[10:34] {esemde} indeed
[10:34] {Threei} no exact call, see if you can get a read on it, stay away if not
[10:34] {Roman}
21 ANKS & JASO near highs
[10:35] {Threei} SOLF too
[10:35] {Threei} ENER near support
[10:35] {esemde} POT from my home province Saskatchewan
[10:36] {magoo} in .44
[10:36] {magoo} wait 200.44
[10:36] {Threei} FSLR, CSIQ... solars are on a roll
[10:37] {esemde} when i was a brakeman on the railroad puting myself through college....used that take potash cars out there daily
[10:39] {bruce} stopped sds
[10:39] {Roman}
21 STP
[10:40] {Roman}
21 out 1/2 ESLR +.20
[10:40] {esemde} is 200 a 5 year or 10 year high or something for POT
[10:41] {Roman}
21 COIN picking up steam
[10:42] {magoo} stopped POT
[10:43] {Roman}
21 DSTI another solar on radar
[10:46] {Threei} PNC CFO: - "We are in the worst housing market in the recorded history of the United States"
[10:50] {esemde} is that what they are saying vad
[10:50] {esemde} seems a litle hard to conceive after the 30's
[10:52] {bruce} l avt 27.80 stop 10 c
[10:54] {bruce} stopped avt
[10:54] {Threei} done with PTEN
[10:56] {Roman}
21 long JASO small
[10:56] {Roman}
21 24.68
[10:57] {magoo} why was POT up?news? could be a bouncer
[10:57] {Threei} 06:12am [POT] Price target raised to $300 from $250 at RBC
[10:57] {Roman}
21 for a bounce with a stop 24.50
[10:57] {Threei} plus general climate in food/fertilizers
[11:02] {Roman}
21 out JASO
[11:04] {Threei} I guess NFLX meteoric rise can be attributed to people being so disgusted with reality, they just want to get as many videos as they can and sit and watch them
[11:05] {GeoArb} lol
[11:05] {esemde} I would go along with that Vad
[11:05] {esemde} At least thats what the New Robert Redford film "Lions For Lambs" is all about...
[11:10] {Roman}
21 long CSIQ
[11:10] {Roman}
21 26.88 small
[11:11] {Roman}
21 looking for a bounce
[11:15] {Roman}
21 out CSIQ +.35
[11:15] {Roman}
21 very thin
[11:16] {Chaeron} GM all. Sorry I'm late
[11:16] {Threei} chaeron :)
[11:23] {Threei} ALTR 21.19 short if stays below .30
[11:27] {GeoArb} so.....
[11:27] {GeoArb} invalid?
[11:27] {GeoArb} or people ion?
[11:27] {GeoArb} in
[11:27] {Threei} it did go over .30, no?
[11:28] {GeoArb} well i am sure some people might not have taken the sugesstion :)
[11:28] {Threei} that's discretionary
[11:28] {GeoArb} i am flat... had left the screen so asking
[11:28] {Threei} risk is increased
[11:28] {esemde} outta here for the day all....
[11:28] {Threei} as resistance now is farther from trigger
[11:28] {GeoArb} also wasnt a decisive break
[11:28] {Threei} take care ese
[11:29] {esemde} see ya vad
[11:31] {magoo} altr vad..aren't u thinking it hols too well here?
[11:31] {magoo} hold=holds
[11:31] {Threei} so far, yes
[11:31] {Threei} double top scenario didn't materialize
[11:36] {Threei} watch RIMM for bounce
[11:44] {GeoArb} tom april option exp?
[11:47] {Threei} .50 break long RIMM if stays above .35
[11:48] {Threei} not holding support
[11:49] {Threei} ALTR trying to break high... believe it or not
[11:55] {dptl} ah....got to leave ...have a good rest of the day all,seeya tomorrow :)
[11:55] {Threei} take care dp
[11:56] {dptl} 8 out of 10 today not bad
[11:56] {Threei} I'll say
[11:56] {Threei} that bad day at the start of the week helped you renew
[11:56] {Threei} sometimes need that :)
[11:57] {dptl} yeah ..like reality check
[12:09] {Threei} ASTM
[12:09] {Threei} REPORTS ENCOURAGING CLINICAL DATA FROM FIRST EU COMPASSIONATE USE CARDIAC PATIENTS
- Announced encouraging data from the first two compassionate use patients treated with the Company's autologous stem cell therapy for dilated cardiomyopathy (DCM), a type of severe chronic heart failure.
[12:09] {Threei} - Aastrom is on track for submission of a U.S. Investigational New Drug (IND) application for a cardiac regeneration clinical trial using CRCs during 2008. The Company's ultimate target market for CRCs in the U.S. is 1.8 mi
[12:15] {Threei} ALTR, agggressive long .41
[12:16] {Threei} .35 support
[12:21] {Threei} CPST is highly irritating...
[12:23] {Threei} sometimes risk adversity keeps one from nice trades... couple dasys ago I was on a brink of calling DYII swing trade at 5.10
[12:24] {Threei} then decided it was crazy to go into swings in this masrket
[12:24] {Threei} crying now
[12:40] {Threei} everyone's asleep?
[12:41] {GeoArb} oh just waiting for you to finish crying
[12:41] {GeoArb} didt want to be rude
[12:41] {magoo} here
[12:41] {hawkfan4} half sleeping
[12:45] {Threei} i appreciate the sensitivity geo
[12:45] {Threei} ALTR invalidated
[12:51] {Threei} aimless wandering in the market'
[12:55] {Threei} AMZN
[12:55] {Threei} 74 break long
[12:55] {Threei} if stays above .90
[12:56] {Threei} 73.80 is a short trigger if it can't break olut
[12:57] {Threei} a bit too far from resistance, so be careful not to short into fast drop
[12:58] {Threei} take a look at 11:40 - 11:57 period to see what mean,
[12:58] {Threei} sharp drops into support followed by bounces
[12:59] {Threei} hunterlayne, you here?
[13:00] {Threei} FRE
[13:00] {Threei} SAYS TO BUY MORTGAGES FROM WELLS FARGO, JPM AND CTITGROUP
[13:01] {Threei} hmmm... mortgages become attractive buy?
[13:03] {Threei} I can sell mine to FRE... or whoever
[13:04] {GeoArb} stopped AMZN
[13:06] {_hunterlayne} Here
[13:06] {_hunterlayne} what ticker are you suggesting at 73.80
[13:06] {Threei} you wanted to ask something about RT yesterday?
[13:06] {_hunterlayne} not really, I just wanted to socialize and get to know the few people that were in the chat room
[13:06] {_hunterlayne} I'm seeing if I'm interested in this
[13:06] {Threei} OK... they are not usually here that late :)
[13:07] {Threei} that was about AMZN... didn't really show any setup either way
[13:07] {_hunterlayne} haha, yea I figured
[13:07] {Threei} invalidated long by losing support, then did the same to short
[13:07] {GeoArb} hmmm i missed that
[13:07] {GeoArb} paid for it
[13:08] {Threei} it lost .90 twice before breaking 74 geo
[13:08] {Threei} on volatile stock, sometimes little loss of support is OK,
[13:08] {GeoArb} what can i say.........
[13:08] {Threei} but twice - nah
[13:08] {GeoArb} :)
[13:08] {Threei} I don't know... if you are watching a stock for setup, are you really watching it? :)
[13:09] {GeoArb} yup .88 .89
[13:09] {_hunterlayne} The only problem I have is that I'm in college and I have lots of school work
[13:09] {Threei} hmmm
[13:09] {_hunterlayne} and day trading (since I gained access to my account) has been fairly distracting lol
[13:09] {Threei} maybe it's a good idea to finish a college first? :)
[13:10] {Threei} I don't want to present an obstacle on your way to education
[13:10] {_hunterlayne} haha, you aren't I promise
[13:10] {Threei} not telling you what to do of course
[13:10] {_hunterlayne} I already have my acceptance into dental school in the bag.. so don't worry
[13:10] {Threei} just offering options :)
[13:11] {Threei} OK, you know your situation better than anyone else
[13:11] {Threei} so... Seifield was right, and dentists do have their own schools?
[13:12] {_hunterlayne} Yup
[13:12] {_hunterlayne} I haven't seen that episode, but yes we do have 'Dental Schools'
[13:12] * Threei slaps magoo around a bit with a large trout
[13:13] {Threei} find it... funny one
[13:13] {ThurstonHowellTheThird} I think magoo is an anti-dentite
[13:13] {Threei} he certainly is
[13:13] {_hunterlayne} lol
[13:14] {_hunterlayne} What are your thoughts on RBCN, Vad?
[13:15] {Threei} volume is way too low to structure any play intraday
[13:15] {Threei} kind of "trades by appointment"
[13:16] {Threei} by daily chart, 25 is critical junction for it
[13:17] {Threei} if it comes to 25 slowly, consolidates a little and breaks, has a good chance for recovery
[13:17] {_hunterlayne} I'll keep that in mind
[13:18] {Threei} and for any pattern to become more reliable on it, it needs real volume
[13:18] {_hunterlayne} Were you guys around for Bear Stearns??
[13:18] {Threei} we watched in awe
[13:18] {Threei} lol
[13:18] {_hunterlayne} loll
[13:18] {_hunterlayne} me too
[13:18] {_hunterlayne} I wish I would have bought when it bottomed out.. I was so close
[13:19] {Threei} wait... what was it that we shorted
[13:19] {Threei} and rode down like 15 points
[13:19] {Threei} Geo, you played it
[13:19] {Threei} was it BSC or something elsea?
[13:19] {GeoArb} yeah
[13:19] {Threei} ahha
[13:19] {GeoArb} only 6 points though
[13:19] {GeoArb} that has been paying for all my misakes this week
[13:19] {Threei} well... can't really blame you for covering that monster too soon, lol
[13:20] {GeoArb} yeah i was scared
[13:20] {Threei} who would have thought thing could tank like that
[13:20] {_hunterlayne} lol yea, wayy too risky. I just left it as personal entertainment
[13:21] {Threei} that was the day before its infampus gapo to 2, right?
[13:21] {GeoArb} glad i closed
[13:22] {Threei} why... if you held, you would have made a history
[13:22] {Threei} probably got invetsigated by SEC too
[13:22] {GeoArb} could have gone either way :)
[13:22] {GeoArb} not for 200 shares
[13:22] {_hunterlayne} Vad, citibank?
[13:22] {Threei} wrong... they won't touch one who did million... but small time trader, let's get him
[13:23] {_hunterlayne} tell me whats wrong/right with it right now
[13:23] {Threei} I've no idea
[13:23] {Threei} you know... steal a million, you are an enterpreneur... steal 100 bucks, you are criminal
[13:24] {GeoArb} yeah kill one guy youre a murderer
[13:24] {GeoArb} kill milions
[13:24] {GeoArb} Alexander the great
[13:24] {Threei} right
[13:24] {Threei} hunter... all banks/financials are pretty much gamble right now
[13:25] {Threei} financial situation, credit problems, liquidity problems are very serious
[13:25] {_hunterlayne} I meant Citigroup
[13:25] {_hunterlayne} sorry
[13:25] {Threei} what general public sees in a form of subprime crisis is just a tip of iceberg
[13:26] {Threei} will Fed/goverment be able to prevent the total colapse or not, is open question
[13:26] {GeoArb} you guys heard about the LIBOR and how all banks might be lieing?
[13:26] {Threei} and if they will, it still doesn't mean there won't be a failed bank here and there
[13:26] {GeoArb} WSJ article yesterday
[13:26] {Threei} yes Geo
[13:27] {Threei} LIBOR is not confirming what they say
[13:27] {Threei} it's being said by different analysts over last month or so
[13:27] {GeoArb} also peole not trusting LIBOR
[13:27] {GeoArb} as banks not reporting the correct borrowing rate
[13:27] {GeoArb} as it tells everyone they were desparate
[13:28] {Threei} on the other side of equation,
[13:28] {Threei} intervention in BSC fiasco shows to what depth powers that be are willing to go in order to prevent systemic failure
[13:28] {GeoArb} as a freind of mine said..... forget gold and silver.....
[13:29] {GeoArb} the only metal that matters is lead lol
[13:29] {Threei} lol
[13:29] {Threei} reminds me old Soviet joke
[13:30] {Threei} optimists study English... pessimists study Chinese... realists study Kalashnikoff
[13:32] {fernp} LOL
[13:32] {Threei} thank you fernp
[13:33] {Threei} I thought soviet style of humor was too out there... your mercy laugh saved me
[13:33] {fernp} european style
[13:34] {Threei} yeah... let's trout these north americans
[13:34] * Threei slaps Laserdave1 around a bit with a large trout
[13:34] {Threei} wait... I am one of them
[13:34] {Threei} cancel that
[13:34] {fernp} ok. lol
[13:35] {_hunterlayne} lets make some money
[13:35] {_hunterlayne} I need cash to sustain my college boozing lifestyle!!
[13:35] {Threei} could be a good idea
[13:35] {Threei} novel one too
[13:36] {fernp} doing it in HBAN
[13:36] {GeoArb} ya know i left college 10 years ago..
[13:36] {GeoArb} booze never stopped
[13:36] {Threei} bathtub vodka is cheap
[13:37] {_hunterlayne} haha
[13:37] {Threei} what price are you in at HBAN?
[13:39] {_hunterlayne} im up 27 bucks
[13:39] {_hunterlayne} lol
[13:40] {Threei} big bottle of vodka
[13:40] {fernp} 9.91
[13:40] {fernp} bottom of range
[13:41] {_hunterlayne} haha, what broker do you guys use?
[13:41] {fernp} out 10.12
[13:41] {Threei} wtg
[13:41] {Threei} icon on our website hunter
[13:41] {_hunterlayne} ohh yea, that's right
[13:46] {Threei} FED'S FISHER: 'STRONG RELUCTANCE' TO MORE MONETARY EASING, 'INFLATING OUR WAY OUT' OF THE MESS NOT THE ANSWER- Notes using discount window tools is an answer, and Fed aims to 'prudently restore efficacy'
[13:47] {Threei} do I hear some actual comkon sense from feds?
[13:49] {Threei} market really stuck
[13:49] {_hunterlayne} for real
[13:49] {_hunterlayne} boring
[13:49] {Threei} NFLX continues making new highs
[13:49] {Threei} a bit too thin for a safe trade
[13:50] {GeoArb} nice BK
[13:50] {GeoArb} in since 42.74
[13:50] {GeoArb} only 200 though
[13:50] {GeoArb} trying to erase AMZN blooper
[13:50] {Threei} so you guys are taking trades and holding out on us?
[13:51] * Threei slowly unholsters the trout
[13:51] {GeoArb} if i had conviction.....
[13:51] {GeoArb} i would tell em al
[13:51] {_hunterlayne} lol
[13:51] {GeoArb} pls pls
[13:51] {GeoArb} its still at a good point vad :)
[13:53] {Threei} US HOUSE BACKS BILL GEARED TOWARDS STABILIZING STUDENT LOAN INDUSTRY
[13:53] {Threei} you are safe hunter
[13:54] {_hunterlayne} lol
[13:54] {Threei} RIMM small long closer to .50
[13:54] {Threei} seems to be locked for a while between .50 and 119
[13:58] {_hunterlayne} are you going to get in?
[13:59] {_hunterlayne} if so, where at exactly
[13:59] {Threei} too far from support
[13:59] {Threei} not chasing it
[14:00] {Threei} it moves between 118.5 and 119 for a while, what's the point in buying that closer to upper l,imit
[14:01] {_hunterlayne} true
[14:03] {_hunterlayne} I might short NFLX
[14:04] {Threei} why?
[14:04] {fernp} the market is too quiet
[14:05] {Threei} could be quiet before the storm
[14:05] {Threei} or could be taking a breather after yesterday's stunning rally
[14:06] {_hunterlayne} breather
[14:06] {_hunterlayne} what's the most anyone here has made in 1 day
[14:06] {patience} scalping or swing trade
[14:07] {_hunterlayne} scalping
[14:08] {Threei} magoo fell asleep.. or he would have told you some impressive numbers
[14:08] {Threei} he is risk taker though
[14:08] {GeoArb} i would be interested to see the answers :)
[14:08] {patience} i was going to say, used to love watching magoo trade on momo fridays we used to have
[14:08] {magoo} market has long changed
[14:09] {GeoArb} i only saw curtis
[14:09] {GeoArb} you banned him vad?
[14:09] {magoo} we don't get the momo anymore
[14:09] {patience} i agree magoo
[14:09] {Threei} we will
[14:09] {Threei} things go in cycles
[14:09] {magoo} but, since u asked...on BIDU ipo...i scalped 12k in 1 day
[14:09] {_hunterlayne} wow
[14:09] {_hunterlayne} you guys do alot of IPOs?
[14:10] {magoo} no
[14:10] {GeoArb} i am just awed
[14:10] {GeoArb} you touched BIDU IPO
[14:10] {magoo} just happened to be THE ONE
[14:11] {_hunterlayne} what range of prices do your scalps usually consist of?? do you have a set number, or do you take green as much as possible
[14:12] {Threei} huinter... too invloved
[14:12] {Threei} this is not something answered in a framework of room discussion
[14:12] {magoo} laser dcc
[14:12] {_hunterlayne} k, sorry. won't happen again
[14:13] {Threei} nothing to be sorry about :)
[14:13] {Threei} it's just that we have structured system of educational materials
[14:13] {Threei} books, videos, courses
[14:14] {Threei} kind of hard to squeeze their content in QA format here as you sure understand :)
[14:14] {_hunterlayne} I completely understand
[14:17] {markweb} RIMM in.55 out .85 Thanks Vad
[14:18] {Threei} perfect
[14:18] {Threei} I was waiting to see who heeded and utilized
[14:18] {markweb} ty
[14:19] {Threei} good job mark
[14:19] {markweb} stop was @.38
[14:20] {magoo} LASERDAVE DCC
[14:21] * Chaeron slaps Laserdave1 around a bit with a large trout
[14:22] {magoo} everyone, i haveafternoon apptmts..got to go soon
[14:22] {Chaeron} c ya bro
[14:22] {GeoArb} bye magoo
[14:22] {_hunterlayne} Bye bye now
[14:30] {Threei} hopefully action picks up last hour
[14:31] {Threei} for now it's a one=legged snail trying to navigate molasses
[14:31] {Threei} are there two-legged snails?
[14:32] {markweb} WM Vad?
[14:33] {Threei} I'd try it long if it touches .40, retreats, holdsa .30 or so and breaks
[14:33] {markweb} ty
[14:33] {Threei} alternatively, conolidates a bit betwen .30 and day high
[14:33] {Threei} then breaks
[14:35] {Threei} RIMM starts consolidating closer to 119
[14:35] {Threei} if continues doing this not trying to retreat all the way to 118.5 anymore, break will become a play
[14:35] {Threei} with market help of course
[14:38] {_hunterlayne} .43 ahhh
[14:41] {Threei} RIMM repeated range move
[14:42] {_hunterlayne} WM moving baack down
[14:44] {markweb} WM in @.35 out @39 +0.04 HA,HA
[14:45] {Threei} 5K?
[14:45] {markweb} 300
[14:45] {Threei} OK... fingers exercise :)
[14:46] {GeoArb} thats lunch
[14:46] {markweb} my lunch is $1.99
[14:47] {GeoArb} where do you live?
[14:47] {GeoArb} i wanna move
[14:47] {markweb} Toronto
[14:47] {GeoArb} ahh
[14:47] {GeoArb} was there for christmas a few yrs ago
[14:47] {GeoArb} my face froze off and fell to the ground
[14:48] {markweb} Trade like me, and you will have lunch fo r$ .99
[14:48] {GeoArb} and then there were locals with open hair
[14:48] {GeoArb} :)
[14:49] {GeoArb} vad comeon comeon i need luch money
[14:50] {GeoArb} or chinese buffet it is
[14:53] {Threei} missed RIMM short... wanted .95
[14:56] {Threei} any NQ strength, grab RIMM
[14:56] {Threei} for long
[14:57] {_hunterlayne} WM back down to .30.. vad
[14:57] {Threei} looks OK for scalp
[14:58] {Threei} oops... no chhasing
[14:58] {Threei} jumped 5 cents in a blink of eye
[14:58] {markweb} in RIMM@55
[14:59] {markweb} stpop45, target 85
[14:59] {Chaeron} with you at .57
[14:59] {Chaeron} what the...
[14:59] {Threei} sharp downtick NQ
[15:00] {markweb} HA}HA
[15:00] {markweb} no lunch for 1.99:)
[15:00] {_hunterlayne} in at .33 RIMM
[15:00] {Threei} FED'S LACKER: INFLATION IS A PROBLEM, IT IS A TOO HIGH
[15:00] {_hunterlayne} too soon fellas! =)
[15:00] {Threei} you don't say
[15:01] {Threei} fed mastered the obvious really well I see
[15:01] {Threei} don't oversit RIMM
[15:02] {Threei} too many shakeouts
[15:02] {markweb} &*^%&*^% FED
[15:02] {Chaeron} *sigh*
[15:03] {markweb} nice set up:):):)
[15:03] {Threei} market takes this kind of speeches as a hint that rates may be hiked
[15:03] {Chaeron} I don't know how or what but hit wrong button or something and got out at breakeven... still trying to figure out
[15:04] {Chaeron} maybe I can blame it on the cat.....
[15:04] {_hunterlayne} in at .33 out at .80
[15:04] {_hunterlayne} my first with you guys
[15:04] {Chaeron} nice hunter
[15:04] {_hunterlayne} I could only afford 120 shares though
[15:04] {_hunterlayne} my margin is all locked up lol
[15:04] {Threei} fine for RIMM
[15:04] {Threei} no need to trade it with big size
[15:04] {markweb} i play RIMM 75-100shares
[15:05] {Threei} even magoo not playing more than 3K on RIMM
[15:05] {magoo} anyone think goog will surprise and RISE?
[15:05] {_hunterlayne} lol
[15:06] {Threei} see mags... it's very flattering that you think we think
[15:06] {Threei} but truth be told... we don't
[15:06] {magoo} vad really..dcc me
[15:18] {Threei} for this I need translation:
[15:18] {Threei} FED'S FISHER: MUST TRUST AND VERIFY ON INFLATION TREND
[15:21] {markweb} Vad, u in RIMM?
[15:23] {Threei} not right now
[15:23] {markweb} thx
[15:30] {Threei} Fisher:
[15:30] {Threei} - Inflation pressure is in euro terms, not just dollars.Global demand is driving up price pressures for energy and food.
[15:30] {Threei} - Libor turmoil won't impact liquidity measures. Can't comment on investigation into Libor rates. Needs to learn more on Libor issue.
[15:30] {Threei} - The latest CPI data is encouraging. Doesn't know how long the economic turmoil will last.
[15:30] {Threei} - says he sees some encouraging data on inflation.
[15:32] {Threei} RIMM should be a bounce here
[15:32] {Threei} waiting to see NQ greening
[15:33] {Threei} in
[15:33] {Threei} .02
[15:33] {Threei} stop under .90
[15:36] {Threei} half out
[15:36] {Threei} +.20
[15:36] {Threei} stop .99
[15:37] {Threei} geo... you asked for lunch money??
[15:37] {_hunterlayne} here it comes
[15:37] {_hunterlayne} Filet Mignon
[15:38] {Threei} rare
[15:38] {markweb} for 99c?
[15:39] {Threei} for 99 cents it better be well done
[15:39] {Threei} such price make me suspect it needs some serious termal works :)
[15:39] {markweb} k
[15:40] {Threei} hard to tell if it's just a shakeout for second half or it's done
[15:40] {Threei} as close to end of day I am not takming chances
[15:42] {Threei} did you all fall aslpee again?
[15:43] {Threei} got mesmerized by RIMM blinking?
[15:43] {_hunterlayne} son of a
[15:43] {Chaeron} gun
[15:43] {_hunterlayne} looks like ramen noodles tonight
[15:43] {patience} yesterday was a terrific day....today nada.
[15:45] {_hunterlayne} Today was extremely boring
[15:45] {fernp} Enough for today. I am tired
[15:45] {_hunterlayne} I wasted my day procrastinating from reading a 600 page book on Reagan for nothing
[15:45] {Threei} lol
[15:46] {Threei} I'll stay with Stephen King, thank you
[15:53] {Threei} Ok guys, thank you all
[15:53] {Threei} have a good evening, see you tomorrow
[15:53] {markweb} WM nice
[15:53] {_hunterlayne} bye Vad
[15:53] {hawkfan4} thanks Vad
[15:54] {Threei} you traded it mark?
[15:54] {markweb} +0.4C
[15:54] {Threei} :)
[15:55] {magoo} vad..stay and put up GOOG numbers
[15:55] {Threei} I'll be on and off next 30 min mags
[15:55] {Threei} if I am lucky to be here when GOOG reports I will
[15:55] {magoo} ok
[15:56] {hawkfan4} i'll put them up when i get them mags
[16:00] {magoo} ty hawk
[16:01] {Threei} REPORTS Q1 $4.84 V $4.52E, R$ (EX-TAC) V $3.61BE
[16:02] {Threei} R $3.70 (EX-TAC) V $3.61BE
[08:05] {Threei} SPWR
[08:05] {Threei} REPORTS Q1 $0.39 V $0.35E; R $273.7M V $245.2ME
- Gross margins 24%
[08:05] {Threei} - Guides FY EPS $2.10- 2.20 v 2.07e
[08:22] {fernp} gm
[08:25] {Threei} fernp :)
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 372K V 375KE;
[08:30] {Threei} CONTINUING CLAIMS: 2.984MM V 2.950ME
- Prior Initial Jobless Claims revised from 357K to 355K
[08:30] {Threei} - Prior Continuing Claims revised from 2.940M to 2.958M
[09:00] {Onix} Good morning pilgrims
[09:00] {Threei} onix :)
[09:07] {magoo} morning
[09:07] {GeoArb} gm
[09:07] {Threei} magoo, geo :)
[09:08] {magoo} ]what a start this morn
[09:08] {magoo} i forgot to put coffee pot under drip in machine
[09:08] {magoo} all 12 cups of coffee direct on carpet
[09:08] {magoo} then computer issues..needed tp reboot our dsl box
[09:09] {magoo} sigh
[09:09] {Threei} wow
[09:09] {magoo} i been here since 8:20 am
[09:09] {Threei} {--- waiting for the part explaining how all that is my fault
[09:09] {magoo} then i overflowed clogged sink in bathroom..had to mop thhat floor
[09:11] {Onix} Morning magoo ... at least now you are wide awake hey?
[09:12] {magoo} yeah..no kidding..what a start
[09:12] {magoo} hope it not a sign of day to come
[09:12] {dptl} good morning all
[09:13] {Threei} dp :)
[09:13] {Onix} its seems as if there is quite a bit of selling going on pre-market in the nd-100?
[09:15] {Threei} yup
[09:15] {markweb} good morning all
[09:15] {Threei} even with IBM good numbers
[09:15] {Threei} mark :)
[09:15] {markweb} :)
[09:16] {Onix} profit-taking after yesterday's up or stall of up move?
[09:17] {magoo} IBM hit over 125 afterhrs last night
[09:17] {magoo} RIMM powered 122 area and AAPL 155 with it
[09:18] {Threei} anyone's guess Onix
[09:18] {Threei} this is not a market obeying normal technical patterns in any timeframe beyond minutes
[09:20] {GeoArb} i got kicked out
[09:20] {GeoArb} and it said error no more connections
[09:22] {Onix} I am starting to prefer scalping to swing/momentum trading
[09:24] {esemde} Good morning
[09:24] {markweb} ese)
[09:24] {esemde} mark
[09:24] {Threei} ese :)
[09:24] {esemde} vad
[09:29] {Threei} IBM
[09:29] {Threei} PRICE TARGET RAISED TO $155 FROM $140 AT S&P EQUITY RESEARCH; MAINTAINS STRONG BUY RATING
[09:30] {Threei} serious dump IBM
[09:30] {magoo} if IF mkt bounces IBM should
[09:30] {Threei} bounce candidate for sure, just too fast to call in time
[09:31] {Threei} see?
[09:31] {Threei} 60 cents while I typed
[09:31] {magoo} yep
[09:32] {ThurstonHowellTheThird} gm all
[09:32] {Threei} EPIC half lot short on 8 breakdown
[09:32] {Threei} thtt :)
[09:33] {Threei} stop 8.25
[09:35] {Threei} too volatile... let's tighten it to abive 8.10
[09:35] {Threei} if shakes out so be it
[09:36] {Threei} feel free to dump it, jumps too much
[09:39] {Threei} PTEN
[09:39] {Threei} .50 long
[09:39] {Threei} stop under .35
[09:39] {magoo} AAPL held that naz dump well
[09:40] {GeoArb} wo that was fast
[09:40] {Threei} PTEN 1:1, 1/3 out for me
[09:40] {Threei} 1/2 sorry
[09:41] {Threei} looks capable of more
[09:41] {Roman}
21 JASO high
[09:41] {Threei} CSIQ and CSUN strength too
[09:43] {Threei} .44 stop for the balance PTEN
[09:43] {Threei} feels a bit too tight for this stock but I really don't want to give much back
[09:44] {Threei} EBAY
[09:44] {Threei} short candidate on bounce
[09:45] {Threei} as close to 31 as possible
[09:45] {magoo} EBAY report bad?
[09:46] {Threei} not really
[09:46] {Threei} concerns about future
[09:48] {Threei} 31.20 next resistance
[09:48] {Threei} if got it here, keep stop above that level
[09:49] {magoo} waiting .74 PTEN
[09:49] {magoo} here we go
[09:49] {Roman}
21 long ESLR
[09:49] {Roman}
21 10.95 1/2 size
[09:49] {Threei} ESLR earnings today, don't forget
[09:50] {magoo} after bell Right?
[09:50] {Threei} yes
[09:50] {magoo} may hold it back
[09:50] {Threei} or propel it
[09:50] {magoo} although ..who knows
[09:50] {Threei} just adds uncertainty
[09:50] {magoo} rimm long here
[09:51] {magoo} RISKY
[09:51] {Threei} as traders reposition themselves according to how they see earnings
[09:51] {magoo} wait for naz bounce firsyyt
[09:52] {Threei} let's tighten EBAY to .15
[09:52] {Threei} don't want to run into higherlow/highs scenario
[09:52] {magoo} vad..read on RIMM..not in
[09:52] {Threei} if it takes .15, it's unlikely that .20 is going to hold
[09:53] {Threei} RIMM, I'd look for entry closer to .20
[09:53] {magoo} damm..now my office bulbs are dying...flourecent
[09:54] {esemde} SOLF
[09:54] {magoo} vad..look aapl..no connection to naz
[09:54] {Threei} move your lazy butt already PTEN
[09:54] {magoo} where u waiting?
[09:54] {Threei} stop to .49 btw
[09:55] {Threei} no price target, will feed patrials into sharp spikes if they come
[09:56] {Threei} EBAY, just what I thought
[09:56] {esemde} SOLF didn't get the order in fast enough
[09:56] {magoo} i was gonna use your call in reverse
[09:56] {Threei} buy .15?
[09:56] {magoo} as in ebay break of .15 long lol
[09:56] {Threei} why not
[09:56] {magoo} cause i have all attention on rimm
[09:57] {Threei} a lotr of setups are two-sided
[09:57] {magoo} i don't have 3 eyes
[09:57] {Threei} ask STEM for help in growing it
[09:58] {magoo} u know how i feel about that one...its been banned from spoken words in this kingdom
[09:59] {ThurstonHowellTheThird} NFLX?
[09:59] {Threei} TMA
[09:59] {Threei} TICKING HIGHER, HEARING MERGERMARKETS REPORTS THAT DB IS PLANNING ROLE IN ATTEMPTED SAVE OF CO.
[10:00] {Threei} MAR LEADING INDICATORS: 0.1% V 0.1%E
[10:00] {esemde} Theres NUAN again
[10:00] {Threei} APRIL PHILADELPHIA FED INDEX: -24.9 V -15.0E
[10:00] {Threei} yikes
[10:01] {Threei} - New Orders: -18.8 v -9.3 prior
[10:01] {Threei} - Employment: -4.7 v -4.7 prior
[10:01] {Threei} - Prices Paid: 51.6 v 54.4 prior
[10:01] {Threei} - Inventories: -26.2 v -13 prior
[10:01] {esemde} NUAN 3 month high
[10:02] {Threei} Six-month business conditions outlook: 13.7 v -10.5 prior
[10:04] {Threei} well, the numbers are so bad, market just has to go up
[10:04] {esemde} any news on NUAN VAD
[10:04] {Threei} RIMM .51 long if holding above .30
[10:05] {Threei} not ffresh
[10:05] {Threei} 04/16/08 09:38am [NUAN] Strength being attributed to takeover chatter
[10:05] {esemde} hmmmmmm
[10:06] {Threei} RIMM invalidated
[10:06] {Threei} bounce candidate but not a break anymore
[10:06] {Threei} PTEN balance stop to .54
[10:07] {esemde} long ASML 27.15 1/2 lot
[10:10] {dptl} out ebay +.20 ty
[10:10] {Threei} good boy PTEN
[10:11] {Threei} out 1/4 more
[10:11] {esemde} good looking tade PTEN vad
[10:11] {Threei} .54 stop for remaining portion, letting it trade
[10:11] {esemde} thats "trade"
[10:12] {Threei} our dubious typing skills tend to rub off ese :)
[10:13] {Threei} lol... look at the chart since comment
[10:13] {Threei} [10:04] {Threei} well, the numbers are so bad, market just has to go up
[10:14] {esemde} it's gonna hit 29.00 though
[10:15] {Threei} PTEN is in uncharted territory... 52 week highs
[10:16] {esemde} could go farther then.......nobody selling up there
[10:17] {dptl} asml +.11 ty Ese
[10:17] {Threei} NSANY strength is attributed to rumors that Threei is going to update his Murano to 2009 model
[10:18] {markweb} out ASML +.16 ThanksESE:)
[10:18] {Threei} good job guys
[10:19] {esemde} welcome.....just going to hang for another little push
[10:19] {Threei} when CTDC starts p;opping on scanner amidst solars strength, you know HOKU is next, lol
[10:20] {esemde} OUT ASML
[10:20] {markweb} gj ese
[10:21] {esemde} that slipped out......
[10:21] {esemde} Am out now .47 was just gettingg ready
[10:22] {markweb} ASML "little push":)
[10:22] {esemde} +.32
[10:22] {Threei} PTEN stop to .59
[10:23] {esemde} was looking for that litle blow off top
[10:26] {esemde} NUAN baby!!!
[10:27] {markweb} u in nuan?
[10:27] {esemde} no.....
[10:27] {markweb} me2:)
[10:28] {esemde} Vad was there a price target mentioned on those take over rumnors
[10:28] {esemde} for nuan that is
[10:28] {Threei} no
[10:30] {bruce} l sds 59.85 stop .68
[10:30] {esemde} lotws ofselling at .95 to 20.00 level
[10:30] {esemde} could really go if it gets through that
[10:30] {Threei} ENER looks tempting on pullback
[10:30] {Threei} .60 closest support
[10:32] {esemde} I get this "somebody knows something " feeling about nuan
[10:33] {Threei} scary trade, for adrenalin deprived: POT
[10:33] {Threei} likely to go to 200 and break it
[10:33] {Threei} volatility is enormous
[10:34] {esemde} indeed
[10:34] {Threei} no exact call, see if you can get a read on it, stay away if not
[10:34] {Roman}
21 ANKS & JASO near highs
[10:35] {Threei} SOLF too
[10:35] {Threei} ENER near support
[10:35] {esemde} POT from my home province Saskatchewan
[10:36] {magoo} in .44
[10:36] {magoo} wait 200.44
[10:36] {Threei} FSLR, CSIQ... solars are on a roll
[10:37] {esemde} when i was a brakeman on the railroad puting myself through college....used that take potash cars out there daily
[10:39] {bruce} stopped sds
[10:39] {Roman}
21 STP
[10:40] {Roman}
21 out 1/2 ESLR +.20
[10:40] {esemde} is 200 a 5 year or 10 year high or something for POT
[10:41] {Roman}
21 COIN picking up steam
[10:42] {magoo} stopped POT
[10:43] {Roman}
21 DSTI another solar on radar
[10:46] {Threei} PNC CFO: - "We are in the worst housing market in the recorded history of the United States"
[10:50] {esemde} is that what they are saying vad
[10:50] {esemde} seems a litle hard to conceive after the 30's
[10:52] {bruce} l avt 27.80 stop 10 c
[10:54] {bruce} stopped avt
[10:54] {Threei} done with PTEN
[10:56] {Roman}
21 long JASO small
[10:56] {Roman}
21 24.68
[10:57] {magoo} why was POT up?news? could be a bouncer
[10:57] {Threei} 06:12am [POT] Price target raised to $300 from $250 at RBC
[10:57] {Roman}
21 for a bounce with a stop 24.50
[10:57] {Threei} plus general climate in food/fertilizers
[11:02] {Roman}
21 out JASO
[11:04] {Threei} I guess NFLX meteoric rise can be attributed to people being so disgusted with reality, they just want to get as many videos as they can and sit and watch them
[11:05] {GeoArb} lol
[11:05] {esemde} I would go along with that Vad
[11:05] {esemde} At least thats what the New Robert Redford film "Lions For Lambs" is all about...
[11:10] {Roman}
21 long CSIQ
[11:10] {Roman}
21 26.88 small
[11:11] {Roman}
21 looking for a bounce
[11:15] {Roman}
21 out CSIQ +.35
[11:15] {Roman}
21 very thin
[11:16] {Chaeron} GM all. Sorry I'm late
[11:16] {Threei} chaeron :)
[11:23] {Threei} ALTR 21.19 short if stays below .30
[11:27] {GeoArb} so.....
[11:27] {GeoArb} invalid?
[11:27] {GeoArb} or people ion?
[11:27] {GeoArb} in
[11:27] {Threei} it did go over .30, no?
[11:28] {GeoArb} well i am sure some people might not have taken the sugesstion :)
[11:28] {Threei} that's discretionary
[11:28] {GeoArb} i am flat... had left the screen so asking
[11:28] {Threei} risk is increased
[11:28] {esemde} outta here for the day all....
[11:28] {Threei} as resistance now is farther from trigger
[11:28] {GeoArb} also wasnt a decisive break
[11:28] {Threei} take care ese
[11:29] {esemde} see ya vad
[11:31] {magoo} altr vad..aren't u thinking it hols too well here?
[11:31] {magoo} hold=holds
[11:31] {Threei} so far, yes
[11:31] {Threei} double top scenario didn't materialize
[11:36] {Threei} watch RIMM for bounce
[11:44] {GeoArb} tom april option exp?
[11:47] {Threei} .50 break long RIMM if stays above .35
[11:48] {Threei} not holding support
[11:49] {Threei} ALTR trying to break high... believe it or not
[11:55] {dptl} ah....got to leave ...have a good rest of the day all,seeya tomorrow :)
[11:55] {Threei} take care dp
[11:56] {dptl} 8 out of 10 today not bad
[11:56] {Threei} I'll say
[11:56] {Threei} that bad day at the start of the week helped you renew
[11:56] {Threei} sometimes need that :)
[11:57] {dptl} yeah ..like reality check
[12:09] {Threei} ASTM
[12:09] {Threei} REPORTS ENCOURAGING CLINICAL DATA FROM FIRST EU COMPASSIONATE USE CARDIAC PATIENTS
- Announced encouraging data from the first two compassionate use patients treated with the Company's autologous stem cell therapy for dilated cardiomyopathy (DCM), a type of severe chronic heart failure.
[12:09] {Threei} - Aastrom is on track for submission of a U.S. Investigational New Drug (IND) application for a cardiac regeneration clinical trial using CRCs during 2008. The Company's ultimate target market for CRCs in the U.S. is 1.8 mi
[12:15] {Threei} ALTR, agggressive long .41
[12:16] {Threei} .35 support
[12:21] {Threei} CPST is highly irritating...
[12:23] {Threei} sometimes risk adversity keeps one from nice trades... couple dasys ago I was on a brink of calling DYII swing trade at 5.10
[12:24] {Threei} then decided it was crazy to go into swings in this masrket
[12:24] {Threei} crying now
[12:40] {Threei} everyone's asleep?
[12:41] {GeoArb} oh just waiting for you to finish crying
[12:41] {GeoArb} didt want to be rude
[12:41] {magoo} here
[12:41] {hawkfan4} half sleeping
[12:45] {Threei} i appreciate the sensitivity geo
[12:45] {Threei} ALTR invalidated
[12:51] {Threei} aimless wandering in the market'
[12:55] {Threei} AMZN
[12:55] {Threei} 74 break long
[12:55] {Threei} if stays above .90
[12:56] {Threei} 73.80 is a short trigger if it can't break olut
[12:57] {Threei} a bit too far from resistance, so be careful not to short into fast drop
[12:58] {Threei} take a look at 11:40 - 11:57 period to see what mean,
[12:58] {Threei} sharp drops into support followed by bounces
[12:59] {Threei} hunterlayne, you here?
[13:00] {Threei} FRE
[13:00] {Threei} SAYS TO BUY MORTGAGES FROM WELLS FARGO, JPM AND CTITGROUP
[13:01] {Threei} hmmm... mortgages become attractive buy?
[13:03] {Threei} I can sell mine to FRE... or whoever
[13:04] {GeoArb} stopped AMZN
[13:06] {_hunterlayne} Here
[13:06] {_hunterlayne} what ticker are you suggesting at 73.80
[13:06] {Threei} you wanted to ask something about RT yesterday?
[13:06] {_hunterlayne} not really, I just wanted to socialize and get to know the few people that were in the chat room
[13:06] {_hunterlayne} I'm seeing if I'm interested in this
[13:06] {Threei} OK... they are not usually here that late :)
[13:07] {Threei} that was about AMZN... didn't really show any setup either way
[13:07] {_hunterlayne} haha, yea I figured
[13:07] {Threei} invalidated long by losing support, then did the same to short
[13:07] {GeoArb} hmmm i missed that
[13:07] {GeoArb} paid for it
[13:08] {Threei} it lost .90 twice before breaking 74 geo
[13:08] {Threei} on volatile stock, sometimes little loss of support is OK,
[13:08] {GeoArb} what can i say.........
[13:08] {Threei} but twice - nah
[13:08] {GeoArb} :)
[13:08] {Threei} I don't know... if you are watching a stock for setup, are you really watching it? :)
[13:09] {GeoArb} yup .88 .89
[13:09] {_hunterlayne} The only problem I have is that I'm in college and I have lots of school work
[13:09] {Threei} hmmm
[13:09] {_hunterlayne} and day trading (since I gained access to my account) has been fairly distracting lol
[13:09] {Threei} maybe it's a good idea to finish a college first? :)
[13:10] {Threei} I don't want to present an obstacle on your way to education
[13:10] {_hunterlayne} haha, you aren't I promise
[13:10] {Threei} not telling you what to do of course
[13:10] {_hunterlayne} I already have my acceptance into dental school in the bag.. so don't worry
[13:10] {Threei} just offering options :)
[13:11] {Threei} OK, you know your situation better than anyone else
[13:11] {Threei} so... Seifield was right, and dentists do have their own schools?
[13:12] {_hunterlayne} Yup
[13:12] {_hunterlayne} I haven't seen that episode, but yes we do have 'Dental Schools'
[13:12] * Threei slaps magoo around a bit with a large trout
[13:13] {Threei} find it... funny one
[13:13] {ThurstonHowellTheThird} I think magoo is an anti-dentite
[13:13] {Threei} he certainly is
[13:13] {_hunterlayne} lol
[13:14] {_hunterlayne} What are your thoughts on RBCN, Vad?
[13:15] {Threei} volume is way too low to structure any play intraday
[13:15] {Threei} kind of "trades by appointment"
[13:16] {Threei} by daily chart, 25 is critical junction for it
[13:17] {Threei} if it comes to 25 slowly, consolidates a little and breaks, has a good chance for recovery
[13:17] {_hunterlayne} I'll keep that in mind
[13:18] {Threei} and for any pattern to become more reliable on it, it needs real volume
[13:18] {_hunterlayne} Were you guys around for Bear Stearns??
[13:18] {Threei} we watched in awe
[13:18] {Threei} lol
[13:18] {_hunterlayne} loll
[13:18] {_hunterlayne} me too
[13:18] {_hunterlayne} I wish I would have bought when it bottomed out.. I was so close
[13:19] {Threei} wait... what was it that we shorted
[13:19] {Threei} and rode down like 15 points
[13:19] {Threei} Geo, you played it
[13:19] {Threei} was it BSC or something elsea?
[13:19] {GeoArb} yeah
[13:19] {Threei} ahha
[13:19] {GeoArb} only 6 points though
[13:19] {GeoArb} that has been paying for all my misakes this week
[13:19] {Threei} well... can't really blame you for covering that monster too soon, lol
[13:20] {GeoArb} yeah i was scared
[13:20] {Threei} who would have thought thing could tank like that
[13:20] {_hunterlayne} lol yea, wayy too risky. I just left it as personal entertainment
[13:21] {Threei} that was the day before its infampus gapo to 2, right?
[13:21] {GeoArb} glad i closed
[13:22] {Threei} why... if you held, you would have made a history
[13:22] {Threei} probably got invetsigated by SEC too
[13:22] {GeoArb} could have gone either way :)
[13:22] {GeoArb} not for 200 shares
[13:22] {_hunterlayne} Vad, citibank?
[13:22] {Threei} wrong... they won't touch one who did million... but small time trader, let's get him
[13:23] {_hunterlayne} tell me whats wrong/right with it right now
[13:23] {Threei} I've no idea
[13:23] {Threei} you know... steal a million, you are an enterpreneur... steal 100 bucks, you are criminal
[13:24] {GeoArb} yeah kill one guy youre a murderer
[13:24] {GeoArb} kill milions
[13:24] {GeoArb} Alexander the great
[13:24] {Threei} right
[13:24] {Threei} hunter... all banks/financials are pretty much gamble right now
[13:25] {Threei} financial situation, credit problems, liquidity problems are very serious
[13:25] {_hunterlayne} I meant Citigroup
[13:25] {_hunterlayne} sorry
[13:25] {Threei} what general public sees in a form of subprime crisis is just a tip of iceberg
[13:26] {Threei} will Fed/goverment be able to prevent the total colapse or not, is open question
[13:26] {GeoArb} you guys heard about the LIBOR and how all banks might be lieing?
[13:26] {Threei} and if they will, it still doesn't mean there won't be a failed bank here and there
[13:26] {GeoArb} WSJ article yesterday
[13:26] {Threei} yes Geo
[13:27] {Threei} LIBOR is not confirming what they say
[13:27] {Threei} it's being said by different analysts over last month or so
[13:27] {GeoArb} also peole not trusting LIBOR
[13:27] {GeoArb} as banks not reporting the correct borrowing rate
[13:27] {GeoArb} as it tells everyone they were desparate
[13:28] {Threei} on the other side of equation,
[13:28] {Threei} intervention in BSC fiasco shows to what depth powers that be are willing to go in order to prevent systemic failure
[13:28] {GeoArb} as a freind of mine said..... forget gold and silver.....
[13:29] {GeoArb} the only metal that matters is lead lol
[13:29] {Threei} lol
[13:29] {Threei} reminds me old Soviet joke
[13:30] {Threei} optimists study English... pessimists study Chinese... realists study Kalashnikoff
[13:32] {fernp} LOL
[13:32] {Threei} thank you fernp
[13:33] {Threei} I thought soviet style of humor was too out there... your mercy laugh saved me
[13:33] {fernp} european style
[13:34] {Threei} yeah... let's trout these north americans
[13:34] * Threei slaps Laserdave1 around a bit with a large trout
[13:34] {Threei} wait... I am one of them
[13:34] {Threei} cancel that
[13:34] {fernp} ok. lol
[13:35] {_hunterlayne} lets make some money
[13:35] {_hunterlayne} I need cash to sustain my college boozing lifestyle!!
[13:35] {Threei} could be a good idea
[13:35] {Threei} novel one too
[13:36] {fernp} doing it in HBAN
[13:36] {GeoArb} ya know i left college 10 years ago..
[13:36] {GeoArb} booze never stopped
[13:36] {Threei} bathtub vodka is cheap
[13:37] {_hunterlayne} haha
[13:37] {Threei} what price are you in at HBAN?
[13:39] {_hunterlayne} im up 27 bucks
[13:39] {_hunterlayne} lol
[13:40] {Threei} big bottle of vodka
[13:40] {fernp} 9.91
[13:40] {fernp} bottom of range
[13:41] {_hunterlayne} haha, what broker do you guys use?
[13:41] {fernp} out 10.12
[13:41] {Threei} wtg
[13:41] {Threei} icon on our website hunter
[13:41] {_hunterlayne} ohh yea, that's right
[13:46] {Threei} FED'S FISHER: 'STRONG RELUCTANCE' TO MORE MONETARY EASING, 'INFLATING OUR WAY OUT' OF THE MESS NOT THE ANSWER- Notes using discount window tools is an answer, and Fed aims to 'prudently restore efficacy'
[13:47] {Threei} do I hear some actual comkon sense from feds?
[13:49] {Threei} market really stuck
[13:49] {_hunterlayne} for real
[13:49] {_hunterlayne} boring
[13:49] {Threei} NFLX continues making new highs
[13:49] {Threei} a bit too thin for a safe trade
[13:50] {GeoArb} nice BK
[13:50] {GeoArb} in since 42.74
[13:50] {GeoArb} only 200 though
[13:50] {GeoArb} trying to erase AMZN blooper
[13:50] {Threei} so you guys are taking trades and holding out on us?
[13:51] * Threei slowly unholsters the trout
[13:51] {GeoArb} if i had conviction.....
[13:51] {GeoArb} i would tell em al
[13:51] {_hunterlayne} lol
[13:51] {GeoArb} pls pls
[13:51] {GeoArb} its still at a good point vad :)
[13:53] {Threei} US HOUSE BACKS BILL GEARED TOWARDS STABILIZING STUDENT LOAN INDUSTRY
[13:53] {Threei} you are safe hunter
[13:54] {_hunterlayne} lol
[13:54] {Threei} RIMM small long closer to .50
[13:54] {Threei} seems to be locked for a while between .50 and 119
[13:58] {_hunterlayne} are you going to get in?
[13:59] {_hunterlayne} if so, where at exactly
[13:59] {Threei} too far from support
[13:59] {Threei} not chasing it
[14:00] {Threei} it moves between 118.5 and 119 for a while, what's the point in buying that closer to upper l,imit
[14:01] {_hunterlayne} true
[14:03] {_hunterlayne} I might short NFLX
[14:04] {Threei} why?
[14:04] {fernp} the market is too quiet
[14:05] {Threei} could be quiet before the storm
[14:05] {Threei} or could be taking a breather after yesterday's stunning rally
[14:06] {_hunterlayne} breather
[14:06] {_hunterlayne} what's the most anyone here has made in 1 day
[14:06] {patience} scalping or swing trade
[14:07] {_hunterlayne} scalping
[14:08] {Threei} magoo fell asleep.. or he would have told you some impressive numbers
[14:08] {Threei} he is risk taker though
[14:08] {GeoArb} i would be interested to see the answers :)
[14:08] {patience} i was going to say, used to love watching magoo trade on momo fridays we used to have
[14:08] {magoo} market has long changed
[14:09] {GeoArb} i only saw curtis
[14:09] {GeoArb} you banned him vad?
[14:09] {magoo} we don't get the momo anymore
[14:09] {patience} i agree magoo
[14:09] {Threei} we will
[14:09] {Threei} things go in cycles
[14:09] {magoo} but, since u asked...on BIDU ipo...i scalped 12k in 1 day
[14:09] {_hunterlayne} wow
[14:09] {_hunterlayne} you guys do alot of IPOs?
[14:10] {magoo} no
[14:10] {GeoArb} i am just awed
[14:10] {GeoArb} you touched BIDU IPO
[14:10] {magoo} just happened to be THE ONE
[14:11] {_hunterlayne} what range of prices do your scalps usually consist of?? do you have a set number, or do you take green as much as possible
[14:12] {Threei} huinter... too invloved
[14:12] {Threei} this is not something answered in a framework of room discussion
[14:12] {magoo} laser dcc
[14:12] {_hunterlayne} k, sorry. won't happen again
[14:13] {Threei} nothing to be sorry about :)
[14:13] {Threei} it's just that we have structured system of educational materials
[14:13] {Threei} books, videos, courses
[14:14] {Threei} kind of hard to squeeze their content in QA format here as you sure understand :)
[14:14] {_hunterlayne} I completely understand
[14:17] {markweb} RIMM in.55 out .85 Thanks Vad
[14:18] {Threei} perfect
[14:18] {Threei} I was waiting to see who heeded and utilized
[14:18] {markweb} ty
[14:19] {Threei} good job mark
[14:19] {markweb} stop was @.38
[14:20] {magoo} LASERDAVE DCC
[14:21] * Chaeron slaps Laserdave1 around a bit with a large trout
[14:22] {magoo} everyone, i haveafternoon apptmts..got to go soon
[14:22] {Chaeron} c ya bro
[14:22] {GeoArb} bye magoo
[14:22] {_hunterlayne} Bye bye now
[14:30] {Threei} hopefully action picks up last hour
[14:31] {Threei} for now it's a one=legged snail trying to navigate molasses
[14:31] {Threei} are there two-legged snails?
[14:32] {markweb} WM Vad?
[14:33] {Threei} I'd try it long if it touches .40, retreats, holdsa .30 or so and breaks
[14:33] {markweb} ty
[14:33] {Threei} alternatively, conolidates a bit betwen .30 and day high
[14:33] {Threei} then breaks
[14:35] {Threei} RIMM starts consolidating closer to 119
[14:35] {Threei} if continues doing this not trying to retreat all the way to 118.5 anymore, break will become a play
[14:35] {Threei} with market help of course
[14:38] {_hunterlayne} .43 ahhh
[14:41] {Threei} RIMM repeated range move
[14:42] {_hunterlayne} WM moving baack down
[14:44] {markweb} WM in @.35 out @39 +0.04 HA,HA
[14:45] {Threei} 5K?
[14:45] {markweb} 300
[14:45] {Threei} OK... fingers exercise :)
[14:46] {GeoArb} thats lunch
[14:46] {markweb} my lunch is $1.99
[14:47] {GeoArb} where do you live?
[14:47] {GeoArb} i wanna move
[14:47] {markweb} Toronto
[14:47] {GeoArb} ahh
[14:47] {GeoArb} was there for christmas a few yrs ago
[14:47] {GeoArb} my face froze off and fell to the ground
[14:48] {markweb} Trade like me, and you will have lunch fo r$ .99
[14:48] {GeoArb} and then there were locals with open hair
[14:48] {GeoArb} :)
[14:49] {GeoArb} vad comeon comeon i need luch money
[14:50] {GeoArb} or chinese buffet it is
[14:53] {Threei} missed RIMM short... wanted .95
[14:56] {Threei} any NQ strength, grab RIMM
[14:56] {Threei} for long
[14:57] {_hunterlayne} WM back down to .30.. vad
[14:57] {Threei} looks OK for scalp
[14:58] {Threei} oops... no chhasing
[14:58] {Threei} jumped 5 cents in a blink of eye
[14:58] {markweb} in RIMM@55
[14:59] {markweb} stpop45, target 85
[14:59] {Chaeron} with you at .57
[14:59] {Chaeron} what the...
[14:59] {Threei} sharp downtick NQ
[15:00] {markweb} HA}HA
[15:00] {markweb} no lunch for 1.99:)
[15:00] {_hunterlayne} in at .33 RIMM
[15:00] {Threei} FED'S LACKER: INFLATION IS A PROBLEM, IT IS A TOO HIGH
[15:00] {_hunterlayne} too soon fellas! =)
[15:00] {Threei} you don't say
[15:01] {Threei} fed mastered the obvious really well I see
[15:01] {Threei} don't oversit RIMM
[15:02] {Threei} too many shakeouts
[15:02] {markweb} &*^%&*^% FED
[15:02] {Chaeron} *sigh*
[15:03] {markweb} nice set up:):):)
[15:03] {Threei} market takes this kind of speeches as a hint that rates may be hiked
[15:03] {Chaeron} I don't know how or what but hit wrong button or something and got out at breakeven... still trying to figure out
[15:04] {Chaeron} maybe I can blame it on the cat.....
[15:04] {_hunterlayne} in at .33 out at .80
[15:04] {_hunterlayne} my first with you guys
[15:04] {Chaeron} nice hunter
[15:04] {_hunterlayne} I could only afford 120 shares though
[15:04] {_hunterlayne} my margin is all locked up lol
[15:04] {Threei} fine for RIMM
[15:04] {Threei} no need to trade it with big size
[15:04] {markweb} i play RIMM 75-100shares
[15:05] {Threei} even magoo not playing more than 3K on RIMM
[15:05] {magoo} anyone think goog will surprise and RISE?
[15:05] {_hunterlayne} lol
[15:06] {Threei} see mags... it's very flattering that you think we think
[15:06] {Threei} but truth be told... we don't
[15:06] {magoo} vad really..dcc me
[15:18] {Threei} for this I need translation:
[15:18] {Threei} FED'S FISHER: MUST TRUST AND VERIFY ON INFLATION TREND
[15:21] {markweb} Vad, u in RIMM?
[15:23] {Threei} not right now
[15:23] {markweb} thx
[15:30] {Threei} Fisher:
[15:30] {Threei} - Inflation pressure is in euro terms, not just dollars.Global demand is driving up price pressures for energy and food.
[15:30] {Threei} - Libor turmoil won't impact liquidity measures. Can't comment on investigation into Libor rates. Needs to learn more on Libor issue.
[15:30] {Threei} - The latest CPI data is encouraging. Doesn't know how long the economic turmoil will last.
[15:30] {Threei} - says he sees some encouraging data on inflation.
[15:32] {Threei} RIMM should be a bounce here
[15:32] {Threei} waiting to see NQ greening
[15:33] {Threei} in
[15:33] {Threei} .02
[15:33] {Threei} stop under .90
[15:36] {Threei} half out
[15:36] {Threei} +.20
[15:36] {Threei} stop .99
[15:37] {Threei} geo... you asked for lunch money??
[15:37] {_hunterlayne} here it comes
[15:37] {_hunterlayne} Filet Mignon
[15:38] {Threei} rare
[15:38] {markweb} for 99c?
[15:39] {Threei} for 99 cents it better be well done
[15:39] {Threei} such price make me suspect it needs some serious termal works :)
[15:39] {markweb} k
[15:40] {Threei} hard to tell if it's just a shakeout for second half or it's done
[15:40] {Threei} as close to end of day I am not takming chances
[15:42] {Threei} did you all fall aslpee again?
[15:43] {Threei} got mesmerized by RIMM blinking?
[15:43] {_hunterlayne} son of a
[15:43] {Chaeron} gun
[15:43] {_hunterlayne} looks like ramen noodles tonight
[15:43] {patience} yesterday was a terrific day....today nada.
[15:45] {_hunterlayne} Today was extremely boring
[15:45] {fernp} Enough for today. I am tired
[15:45] {_hunterlayne} I wasted my day procrastinating from reading a 600 page book on Reagan for nothing
[15:45] {Threei} lol
[15:46] {Threei} I'll stay with Stephen King, thank you
[15:53] {Threei} Ok guys, thank you all
[15:53] {Threei} have a good evening, see you tomorrow
[15:53] {markweb} WM nice
[15:53] {_hunterlayne} bye Vad
[15:53] {hawkfan4} thanks Vad
[15:54] {Threei} you traded it mark?
[15:54] {markweb} +0.4C
[15:54] {Threei} :)
[15:55] {magoo} vad..stay and put up GOOG numbers
[15:55] {Threei} I'll be on and off next 30 min mags
[15:55] {Threei} if I am lucky to be here when GOOG reports I will
[15:55] {magoo} ok
[15:56] {hawkfan4} i'll put them up when i get them mags
[16:00] {magoo} ty hawk
[16:01] {Threei} REPORTS Q1 $4.84 V $4.52E, R$ (EX-TAC) V $3.61BE
[16:02] {Threei} R $3.70 (EX-TAC) V $3.61BE
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